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WATERLOO, ON, June 22, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that the eight nominees listed in the company's management proxy circular dated May 2, 2022, for the company's annual and special meeting of shareholders held on June 22, 2022, were elected as directors to serve until BlackBerry's next annual shareholder meeting or until their successors are elected or appointed. The detailed results of the vote are set out below.
About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 215M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow @BlackBerry.
Media Contact:
BlackBerry Media Relations
(519) 597-7273
mediarelations@blackberry.com
Investor Contact:
BlackBerry Investor Relations
(519) 888-7465
investorrelations@blackberry.com
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SOURCE BlackBerry Limited | https://www.wibw.com/prnewswire/2022/06/22/blackberry-announces-election-results-companys-board-directors/ | 2022-06-22T20:29:37Z |
DALLAS, Sept. 2, 2022 /PRNewswire/ -- Leading immigration firm BAL's Managing Partner Jeremy Fudge is named to an elite list of top employee-approved CEOs by Texas CEO Magazine.
"I'm honored to be selected for this recognition by Texas CEO," said Jeremy. "It is especially gratifying to know that we're not only succeeding in growth and other traditional metrics, but that our people – our greatest source of success — rate their BAL experience so highly."
Texas CEO Magazine partnered with Comparably, a company that collects employee reviews for firms across the U.S., to find the most highly approved CEOs. Jeremy is among 22 CEOs rated "A+" by their employees, representing the top 5% of employee-rated CEOs of large companies in Texas.
The magazine recognized Jeremy for helming BAL's aggressive nationwide growth in the middle of the pandemic—the firm has opened a new office every year for the past five years, most recently in Santa Clara, Calif., Denver and soon Los Angeles—and for leading the company to other key milestones, including strategic lateral hires and eminence in legal technology.
Along with these huge strides in dominating corporate immigration, Jeremy managed to keep a growing workforce engaged and innovating at a time when many companies experienced labor shortages. "My leadership philosophy is time-tested and true: be a servant leader," Jeremy said, "Genuinely love your people and look for meaningful ways to serve them."
This service mentality inspired Jeremy and the firm's leadership to shape an empathetic workplace culture at BAL, offering perks such as unlimited vacation and hybrid work options. Employees appreciate Jeremy's open-door policy, with one reviewer saying, "Jeremy Fudge is always willing to discuss your ideas with you to see if he can implement them or change policies that aren't working."
Learning and growing from conversations with his employees reflects Jeremy's broader approach to life. When pointing to the best leadership advice he ever received, Jeremy responded, "Read widely and keep learning." The approval rating by the firm's 1,500 employees enthusiastically endorses this philosophy.
BAL, the world's leading corporate immigration law firms, is singularly focused on meeting the immigration challenges of corporate clients around the world in ways that make immigration more strategic and enable businesses to be more successful. Established in 1980, BAL has consistently provided immigration expertise, people-centered client services, and leading technology innovation. In 2018, BAL entered into a first-of-its-kind strategic alliance with Deloitte U.K. to create the world's first global immigration service delivery model. BAL's proprietary Cobalt® digital immigration services platform won the 2020 CODiE Award for Best Legal Tech Product, the prestigious CIO100 award for Innovative Use of Intelligent Automation in Immigration Services, and Legalweek's Most Innovative Law Firm Operations Team of 2021. BAL and its leaders are highly ranked in every major legal publication, including Best Lawyers, Chambers and Partners, The Legal 500, and Who's Who Legal. BAL has ranked #1 on multiple industry rankings for diversity, equity and inclusion, including the #1 Law Firm for Women on the National Law Journal's Women in Law Scorecard the past four years in a row (2019-2022), #1 on the Diversity Scorecard by The American Lawyer (2020 and 2021), and #1 on Law360's Diversity Snapshot for three years running (2020-2022). In 2022, BAL won the "Best Company for Diversity," the "Best HR Team" and the "Best Company for Career Growth" by Comparably, based solely on employee ratings. See website for details: https://www.bal.com
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SOURCE Berry Appleman & Leiden LLP | https://www.kxii.com/prnewswire/2022/09/02/bal-managing-partner-jeremy-fudge-named-top-texas-ceo/ | 2022-09-02T17:30:40Z |
GOTHENBURG, Sweden, April 25, 2022 /PRNewswire/ -- Castellum reports largest increase in earnings in its history
- Income for the period January–March 2022 MSEK 2,193 (1,502).
- Income from property management MSEK 1,151 (779), corresponding to SEK 3.40 per share (2.82).
- Change in value on properties MSEK 442 (1,607) and derivatives MSEK 1,366 (19).
- Net income for the period MSEK 3,613 (3,840), corresponding to SEK 10.68 (13.90) per share.
- Long-term net reinstatement value (EPRA NRV) amounted to SEK 259 per share (220), an increase of 18 per cent.
- Investments totalling MSEK 1,195 (688) in existing portfolios, acquisitions of MSEK 75 (177) and sales of MSEK 2,302 (9,879).
- Net lettings for the period were MSEK 25 (40).
"As the foremost and largest commercial property company in the Nordic region with a strong financial position, we have attractive investments in the right locations and a strong underlying business with a low vacancy rate, a high-quality portfolio and an efficient administrative organization," says Rutger Arnhult, CEO of Castellum AB.
Attachment: Interim report January-March 2022
For further information, please contact:
Rutger Arnhult, CEO Castellum AB, tel. +46 70-458 24 70
Maria Strandberg, CFO Castellum AB, tel. +46 70-398 23 80
This disclosure contains information that Castellum is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above at 8:00 a.m. CEST on 25 April 2022.
About Castellum
Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 31 March 2022, the property value totalled approximately SEK 182 billion, including the ownership share of the Norwegian company Entra ASA. We are active in attractive Nordic growth regions. One of our sustainability goals is to become entirely climate neutral by 2030 at the latest. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap.
Beyond expectations.
www.castellum.se
This information was brought to you by Cision http://news.cision.com
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SOURCE Castellum | https://www.wibw.com/prnewswire/2022/04/25/castellum-interim-report-january-march-2022/ | 2022-04-25T07:20:00Z |
Hope Solo requests postponement of National Soccer Hall of Fame induction, says she will voluntarily enter alcohol treatment
By Jacob Lev, CNN
Former US women’s soccer goalkeeper Hope Solo has requested postponement of her National Soccer Hall of Fame induction and said she is “voluntarily entering an in-patient alcohol treatment program.”
“I have contacted the Hall of Fame and respectfully requested a postponement of my Hall of Fame induction ceremony to 2023,” Solo said in a statement posted to social media on Friday.
“I will be voluntarily entering an in-patient alcohol treatment program to address my challenges with alcohol. At this time, my energies and focus are totally directed to my health, healing and taking care of my family. I want to thank the Hall of Fame for their support and for understanding my decision,” Solo said.
Earlier this month, Solo was arrested in North Carolina on charges of misdemeanor child abuse, resisting arrest and impaired driving, police said.
Solo was arrested in 2014 on domestic assault charges after police said she assaulted two relatives at a home near Seattle. The charges against Solo, who entered a not-guilty plea, were officially dropped in 2018.
The National Soccer Hall of Fame induction ceremony is scheduled for May 21 in Frisco, Texas.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/29/hope-solo-requests-postponement-of-national-soccer-hall-of-fame-induction-says-she-will-voluntarily-enter-alcohol-treatment/ | 2022-04-30T00:18:43Z |
Barcelona acts on ticket sales after Eintracht ‘disturbance’
By TALES AZZONI
AP Sports Writer
MADRID (AP) — Barcelona has announced new measures on ticket sales to keep a high number of visiting fans from attending matches at the Camp Nou Stadium. The measures come after more than 30,000 Eintracht Frankfurt supporters took over the Camp Nou in a Europa League match last week even though only about 5,000 tickets were sold directly to the visitors. Barcelona will now require tickets for big games to be registered to an individual so they can be more easily traced. It will also try to better control the resale of tickets by third-party agents. | https://localnews8.com/news/2022/04/19/barcelona-acts-on-ticket-sales-after-eintracht-disturbance/ | 2022-04-19T19:49:31Z |
SHANGHAI, Aug. 2, 2022 /PRNewswire/ -- CARsgen Therapeutics Holdings Limited (Stock Code: 2171.HK), a company focused on innovative CAR T-cell therapies for the treatment of hematologic malignancies and solid tumors, announces that Dr. Hua Jiang ("Dr. Jiang") has been appointed as Executive Director of the Company.
Dr. Jiang has about 18 years of working experiences in the field of cancer biotherapy. She currently serves as Vice President of Early Discovery of CARsgen, responsible for formulating the strategy of early discovery and the construction of R&D pipeline. Dr. Jiang joined the Company in April 2021 as Senior Director of Immune Cell Research and Development Department, responsible for the research work of Immune Cell Research and Development and Preclinical Pharmacology. Dr. Jiang has contributed significantly to the early research, technology platform development, and innovative products development in CARsgen. Prior to joining the Company, from July 2007 to April 2021, Dr. Jiang worked at Shanghai Cancer Institute, responsible for the research and development of antibody and CAR T cells, as well as the related mechanisms. Dr. Jiang was a professor at Shanghai Cancer Institute and a doctoral supervisor at Shanghai Jiao Tong University School of Medicine.
Dr. Jiang has published more than 20 SCI papers in journals such as Journal of the National Cancer Institute, Clinical Cancer Research, Molecular Therapy, etc. She is the first author to publish the world's first CLDN18.2 CAR T and first EGFR/EGFRvIII CAR T papers and the co-corresponding author to publish the world's first paper on the combination therapy of small molecule and CAR T cells for the treatment of solid tumors. Dr. Jiang earned her Bachelor's degree in Clinical Medicine from Jining Medical College in 2001. She obtained Master's degree in Pathogen Biology from Shandong University in 2004 and Ph.D. in Pathogen Biology from Fudan University in 2007.
Dr. Zonghai Li, Founder, Chairman of the Board, Chief Executive Officer, and Chief Scientific Officer of CARsgen, added, "On behalf of the Board, I would like to congratulate Dr. Jiang to be appointed as the Executive Director. Dr Jiang has rich experiences in cancer research and product development, particularly in the field of CAR T-cell therapies. As the Executive Director of the Board, Dr Jiang will contribute to the diversity of the Board and will continue to help us developing innovative and differentiated CAR T products for cancer patients worldwide."
Dr. Hua Jiang, Executive Director, Vice President of Early Discovery of CARsgen, said, "I am pleased to become a member of the Board and would like to thank the Board for the recognition and trust. I will spare no efforts to continue working with colleagues in CARsgen to develop innovative products for cancer patients and make cancer curable."
About CARsgen Therapeutics Holdings Limited
CARsgen is a biopharmaceutical company with operations in China and the U.S. and is focused on innovative CAR T-cell therapies for the treatment of hematologic malignancies and solid tumors. The Company has built an integrated cell therapy platform with in-house capabilities that span target discovery, antibody development, clinical trials, and commercial-scale manufacturing. CARsgen has internally developed novel technologies and a product pipeline with global rights to address major challenges of CAR T-cell therapies, such as improving the safety profile, enhancing the efficacy in treating solid tumors and reducing treatment costs. The Company's vision is to become a global biopharmaceutical leader that brings innovative and differentiated cell therapies to cancer patients worldwide and makes cancer curable.
Contact Us
For more information, please visit https://www.carsgen.com/
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SOURCE CARsgen Therapeutics | https://www.kxii.com/prnewswire/2022/08/02/carsgen-appoints-dr-hua-jiang-executive-director/ | 2022-08-02T13:19:48Z |
WARSAW, Poland (AP) — Poland’s ambassador in Moscow was summoned to Russia’s Foreign Ministry on Wednesday, two days after Russia’s ambassador to Poland was splattered with red paint thrown at him by protesters opposed to the war in Ukraine.
Polish Ambassador Krzysztof Krajewski said Russian officials expressed words of protest about the incident on Monday at a cemetery in Warsaw.
Krajewski said his response was to repeat the words of Poland’s foreign minister who called the incident “highly deplorable” and something that should never have happened given the protected status of diplomats.
On Monday, Russian Ambassador Sergey Andreev was struck by red paint as he tried to pay his respects to Red Army soldiers who died on Polish territory during World War II. The protest came on Victory Day, the Russian holiday marking the defeat of Nazi Germany. Police helped Andreev to safely leave the scene
Polish government authorities say Andreev had been warned against going to the cemetery for the event because Russia’s war in Ukraine has been roundly condemned by Poles and Ukrainians living in Poland.
Polish Foreign Minister Zbigniew Rau hinted that Russia’s summoning of Krajewski would meet with reciprocity toward Andreev.
Later Wednesday, Poland’s Foreign Ministry said that a plaque with the national emblem at the entrance to Poland’s Embassy in Moscow has been doused in red paint.
Traditionally reserved, bilateral relations have been very tense since Russia’s invasion of Ukraine, which borders Poland. The Polish government has been urging for tough international sanctions, including a ban on Russian energy sources. | https://cw33.com/news/international/ap-international/polish-diplomat-hears-russias-protest-to-warsaw-incident/ | 2022-05-11T21:21:55Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- The Muscular Dystrophy Association (MDA) in partnership with the International Association of Fire Fighters (IAFF) today kick off more than 250 Fill the Boot events to raise lifesaving funds throughout Labor Day weekend in over 25 states. The funds raised by more than 330,000 IAFF members and their affiliates across the country go towards MDA's mission for scientific and clinical research and care for families living with muscular dystrophy, ALS, and related neuromuscular diseases.
Online donations, which may be made at https://bit.ly/MDA_FTB22, will continue as fire fighters take to the streets in communities across the country with boots in hand asking pedestrians, motorists, customers, and other passersby to support the mission.
These events coincide with the MDA Tribute Tour – St. Louis over Labor Day weekend. The longstanding 'Show of Strength' airing in primetime on NBC affiliate KSDK-TV from 8-10pm CT will also feature check presentations from IAFF Fill the Boot events in St. Louis. IAFF Fire and EMS professionals of St. Louis Local 73 and Professional Fire Fighters of Eastern Missouri Local 2665 will Fill the Boot in and around the St. Louis metro area throughout Labor Day weekend. St. Louis Fire Fighters Local 73 will also Fill the Boot ahead of the St. Louis Cardinals games September 2 through 5, 90-minutes prior to game time in Ballpark Village.
The partnership between MDA and IAFF spans 68 years, beginning in 1954 when the IAFF signed a proclamation designating MDA as its charity of choice and vowing to continue raising awareness and funds until cures are found. To date, fire fighters nationwide have raised $679 million over nearly seven decades. The funds raised by IAFF have led to breakthroughs in research and many FDA-approved treatments for neuromuscular diseases, in addition to access to treatments and care from day one, and through newborn screening and other advocacy efforts.
"Labor Day weekend is the kick-off to Muscular Dystrophy Awareness Month and is an important time of year for this longstanding tradition with our valued partners at the IAFF. Every time someone in the community sees a local fire fighter and donates whatever amount they can to Fill the Boot, they provide hope for families diagnosed with a neuromuscular disease at any age," says Donald S. Wood, PhD, President and CEO of MDA. "Today, people are living longer more independent lives because of this fundraising effort, and the pipeline of promise – more life empowering treatments and cures – is growing and creating ever more hope for the millions of patients and their families who are at the heart of MDA's mission and vision. We are forever grateful to IAFF for maintaining their strong commitment to the Fill the Boot program."
The campaign will be shared on social media channels using the hashtag #FillTheBoot. Follow MDA on Facebook, Twitter, Instagram, TikTok, and LinkedIn. Follow the IAFF on Facebook, Twitter, Instagram.
About the IAFF
The International Association of Fire Fighters represents more than 330,000 professional fire fighters and paramedics who protect 85% of the nation's population. More than 3,500 affiliates and their members protect communities in every state in the United States and in Canada.
About Muscular Dystrophy Association
Muscular Dystrophy Association (MDA) is the #1 voluntary health organization in the United States for people living with muscular dystrophy, ALS, and related neuromuscular diseases. For over 70 years, MDA has led the way in accelerating research, advancing care, and advocating for the support of our families. MDA's mission is to empower the people we serve to live longer, more independent lives. To learn more visit mda.org.
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SOURCE Muscular Dystrophy Association | https://www.wibw.com/prnewswire/2022/08/08/international-association-fire-fighters-launch-250-fill-boot-fundraisers-cities-across-america-labor-day-weekend-muscular-dystrophy-association/ | 2022-08-08T13:52:24Z |
WASHINGTON (AP) — Americans are deeply divided over how much children in K-12 schools should be taught about racism and sexuality, according to a new poll released as Republicans across the country aim to make parental involvement in education a central campaign theme this election year.
Overall, Americans lean slightly toward expanding — not cutting back — discussions of racism and sexuality, but roughly 4 in 10 say the current approach is about right, including similar percentages across party lines.
Still, the poll from the University of Chicago Harris School of Public Policy and The Associated Press-NORC Center for Public Affairs Research shows stark differences between Republicans and Democrats who want to see schools make adjustments.
About 4 in 10 Republicans say teachers in local public schools discuss issues related to sexuality too much, while only about 1 in 10 say too little. Among Democrats, those numbers are reversed.
The findings reflect a sharply politicized national debate that has consumed local school boards and, increasingly, state capitols. Republicans see the fight over school curriculum as a winning culture war issue that will motivate their voters in the midterm elections.
In the meantime, a flurry of new state laws has been introduced, meant to curtail teaching about racism and sexuality and to establish a “parents’ bill of rights” that would champion curriculum transparency and allow parents to file complaints against teachers.
The push for legislation grew out of an elevated focus on K-12 schools during the COVID-19 pandemic, when angry parents crowded school board meetings to voice opposition to school closures, mask mandates and other restrictive measures intended to prevent the spread of illness.
“All that that’s happening these days kind of goes against the longer history of school boards being relatively low salience government institutions and, in a lot of cases, they are nonpartisan offices,” said Adam Zelizer, a professor at the University of Chicago Harris School researching school board legislation.
What distinguishes this moment, Zelizer said, is the “grassroots anger” in response to school policies and the national, coordinated effort to recruit partisan candidates for school boards and local offices.
What started as parents’ concern about virtual learning and mask-wearing has morphed into something larger, said Republican pollster Robert Blizzard, describing parents as thinking: “OK, now that we have the schools open, what are these kids learning in school?”
The poll shows 50% of Americans say parents have too little influence on curriculum, while 20% say they have too much and 27% say it’s about right. About half also say teachers have too little influence.
Kendra Schultz said she and her husband have decided their 1-year-old daughter will be homeschooled, at least initially, because of what friends have told them about their experiences with schools in Columbia, Missouri.
Most recently, she said, one 4-year-old’s pre-K class talked about gender pronouns. Schultz offered that and mask requirements as examples of how the public school system “doesn’t align with what we believe or how we would like to see our children educated.”
“I’m just like, you’re a little kid, you should be learning your ABCs and your numbers and things like that,” said Schultz, a 30-year-old conservative. “That’s just not something that me and my husband would be interested in having teachers share with our children.”
In Florida, Republican Gov. Ron DeSantis in March signed into law a bill barring instruction on sexual orientation and gender identity in kindergarten through third grade. Opponents, including the White House, have dubbed it the “Don’t Say Gay” law.
The poll shows Americans are slightly more likely to say the focus on sex and sexuality in local schools is too little rather than too much, 31% to 23%, but 40% say it’s about right. The poll didn’t ask about specific grade levels.
Blizzard, who has been working with a group called N2 America to help GOP candidates in suburbs, said the schools issue resonates with the Republican base and can motivate voters.
In the Virginia governor’s race last year, Republican Glenn Youngkin won after campaigning on boosting parental involvement in schools and banning critical race theory, an academic framework about systemic racism that has become a catch-all phrase for teaching about race in U.S. history. His Democratic opponent, Terry McAuliffe, had said in a debate that parents shouldn’t tell schools what to teach.
The poll also shows Americans have mixed views about schools’ focus on racism in the U.S.
Randi Weingarten, president of the American Federation of Teachers, said parents and teachers alike are frustrated after pandemic disruptions and should partner to help kids recover. The efforts to predetermine curriculum and restrict teaching are getting in the way, she said.
“The people who are proposing them, they’ve been pretty clear … they just want to sow doubt and distrust because they want to end public education as we know it,” Weingarten said.
Parents of school-age children aren’t more likely than other adults to say parents have too little influence in schools. But there is a wide partisan gap, with 65% of Republicans saying that, compared with 38% of Democrats.
Michael Henry, a father of three in Dacula, Georgia, says he’s wrestled over what the right level of involvement is. It didn’t sit right with him, for example, that his 6-year-old was taught about Christopher Columbus in an entirely positive light. He says he’s reflected on “some of the lies” and “glorifications of history” in his own public school education and thinks race needs to be talked about more.
But ultimately, school curriculum is “outside my area of expertise,” said Henry, 31, an actuary who is also the acting president of the Gwinnett County Young Democrats.
“I have to do a lot of studying and work to be able to make informed decisions, and I don’t feel like parents generally have that kind of skill set” for curriculum, he said. “I think professionals should mostly be determining what the curriculum should be.”
Henry worries that new restrictions are “adding extra hassle for teachers, who already have a lot on their plate, to solve a problem that doesn’t exist.” | https://cw33.com/news/sex-race-lessons-in-schools-divide-americans-poll-finds/ | 2022-04-14T18:40:44Z |
KINGSTON, Jamaica, May 6, 2022 /PRNewswire/ -- The Media Institute of the Caribbean (MIC) recently published its Media Viability Indicators Study on Jamaica as the pilot project for UNESCO. The findings give insight to industry challenges and make recommendations for media viability which are relevant to both regional and global stakeholders.
The research study was supported financially by the International Programme for the Development of Communication (IPDC), as part of its ongoing work to promote national stakeholder action to save threatened media enterprises and stimulate new outlets.
Independent journalism and the state of the media globally are at the centre of democracies as societies continue to face the challenges of misinformation and disinformation. Adding to those challenges is the the topic signalled by the theme of this year's World Press Freedom Day: "Journalism Under Digital Siege".
This reflects the complications of the digital landscape which has created easy transmission of "fake news', cyber security threats to journalists, drowned out news and is capturing advertising that used to help fund the media.
The question of media viability must be defined contextually and culturally. As a small island developing state, there is a delicate balance in Jamaica between viability and sustainability. The strategies adopted by media entities in small economies are highly dependent on state advertising and those who have to grapple daily with self-censorship is a further complication of business models.
According to President of MIC, Ms. Kiran Maharaj, "There must be a collaborative stakeholder effort with specific initiatives to ensure media viability. The time is now. This study will be a benchmark and MIC stand ready to support the recommendations in whatever way we can. In addition, we are also prepared to help our colleagues regionally and globally to better understand how they can implement the indicators and share our learnings with them."
The Media Institute of the Caribbean will hold a stakeholder session in Jamaica in late May with the intention of developing an action plan which can be implemented.
PHONE: (868) 222-1035 / (876) 846-0525
E-MAIL: mediainstitutecaribbean@gmail.com
WEBSITE: www.mediainstituteofthecaribbean.com
REPORT LINK: https://www.mediainstituteofthecaribbean.com/new-page-2
Photo - https://mma.prnewswire.com/media/1812581/1.jpg
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SOURCE Media Institute of the Caribbean | https://www.kxii.com/prnewswire/2022/05/06/media-institute-caribbean-spotlights-jamaica-with-pilot-study-unesco-media-viability-indicators/ | 2022-05-06T19:20:16Z |
HARTFORD, Conn., May 4, 2022 /PRNewswire/ -- The Covid-19 pandemic shifted key exposures for property-casualty insurers. Many enterprises closed temporarily or permanently. Business interruption coverage was a hot topic, with frustrated insureds looking for financial relief amid government imposed lockdowns. Further, drivers are taking to the roads less or at different times of day, travel is less predictable, and employment locations shifted to the home office. All told, there was a significant economic impact from the pandemic on the broader economy, and this has created opportunities for change. A clear understanding of how the industry responded to the crisis provides a crucial foundation to identifying new opportunities and challenges in 2022 and beyond.
The Conning Focus Series, "The Covid-19 Coverage Gap: How Insurers Can Respond" provides insight into evolving customer exposure points, associated impacts on insurers, and analysis of industry actions to date, as a result of the pandemic's economic ramifications. Examples include technology investments and development of products to better serve customers and maintain or grow premiums. "Looking at the key lines of business for property-casualty insurers, it becomes evident that there exists a spectrum of product changes, to meet the needs of insureds post-pandemic, ranging from accelerated adoption of established capabilities to development of private and public partnerships," said Alan Walters, a Vice President, Insurance Research at Conning.
The study includes analysis of economic trends, as well as a thorough review of insurer strategic responses to the pandemic. "There is by no means a one-size fits all solution," Scott Hawkins, Head of Insurance Research, added, "but insurers are taking meaningful steps to make coverage pertinent to insureds and to be better positioned going forward."
"The Covid-19 Coverage Gap: How Insurers Can Respond" is available for purchase from Conning by calling (888) 707-1177 or by visiting https://www.conning.com/insurance-research.
ABOUT CONNING
Conning (www.conning.com) is a leading investment management firm with approximately $203 billion in global assets under management as of March 31, 2022.* With a long history of serving the insurance industry, Conning supports institutional investors, including insurers and pension plans, with investment solutions, risk modeling software, and industry research. Founded in 1912, Conning has investment centers in Asia, Europe and North America.
Media Contacts
Alyssa Gittleman
Conning
860-299-2288
Alyssa.Gittleman@conning.com
[c:14889530]
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SOURCE Conning | https://www.wibw.com/prnewswire/2022/05/04/conning-announces-its-newest-focus-series-covid-19-coverage-gap-how-insurers-can-respond/ | 2022-05-04T14:10:08Z |
DALLAS, May 17, 2022 /PRNewswire/ -- KanTime Healthcare Software, the fastest growing post-acute EMR software in the nation, and nVoq, a HIPAA & PCI-DSS compliant, cloud-based speech recognition platform, have formed a partnership that will enable KanTime's home health and hospice customers to more efficiently complete documentation by accurately and automatically converting speech to text during patient visits.
Post-acute providers are facing increased challenges from clinician burnout. Typing documentation adds hours to the workday and limits the clinical context that can be captured in a narrative note. With the addition of nVoq's speech recognition solutions, KanTime customers will be able to alleviate the documentation burden and provide higher quality narratives that enrich patient records.
Sundar Kannan, Chief Executive Officer and Founder of KanTime expressed:
"KanTime is excited to partner with nVoq and bring their applications to all of KanTime's customers." He shared, "With this partnership, our customers know they are in HIPAA compliance 24/7, while also saving time documenting to focus on delivering quality patient care."
KanTime is an enterprise-based software solution that prides itself on being HIPAA compliant while providing clinicians an easy and efficient way to document proficiently. KanTime customers can now dictate speech to text inside the EMR, thus improving productivity and diminishing late night office hours manually retyping notes into the system.
Debbi Gillotti, Chief Operating Officer at nVoq, shared:
"nVoq's speech recognition helps streamline the documentation process, improves clinician productivity, and nearly eliminates off-hours documentation." She stated, "We are excited to partner with KanTime to bring nVoq solutions to the front-line clinicians of home health, hospice, and palliative care."
About KanTime
KanTime Healthcare Software is an American healthcare technology company that is the fastest-growing post-acute software provider in the nation, with over 900,000 patients, 210,000 users, $12.9B in processed claims, and 70M annual visits. We provide cloud-based enterprise software to home health, hospice, pediatric, private duty, palliative, and consumer-directed services agencies. KanTime helps agencies improve clinical compliance, increase operations efficiency, and achieve financial success.
KanTime works seamlessly on any point of care device, be it iOS, Android, or Windows-based, both online and offline. Additionally, KanTime offers robust business intelligence tools that allow upper-level management to drill down into various clinical, financial, and operational KPIs and act accordingly.
https://kantime.com/
About nVoq
nVoq Incorporated, headquartered in Boulder, CO, provides HIPAA-compliant, SaaS-based speech recognition to the healthcare industry with a strategic emphasis on the post-acute care segment. nVoq's platform supports both mobile and office-based clinicians in capturing patient narratives at the point of care to expedite high-quality documentation, simplify coding, and streamline reimbursement. For more information, call Kristen Ayers, Director of Marketing at 303-304-7021
https://sayit.nvoq.com/
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SOURCE KanTime Healthcare Software | https://www.mysuncoast.com/prnewswire/2022/05/17/kantime-nvoq-partner-save-clinicians-time-improve-agency-success-through-streamlined-documentation/ | 2022-05-17T16:13:04Z |
- Partnership underscores Medtronic's commitment to investing in innovative technologies that support physicians and patients from diagnosis to treatment
- CathWorks' FFRangio® System provides diagnostic and physiologic information through artificial intelligence to potentially disrupt traditional FFR and revolutionize the management of coronary artery disease
DUBLIN and KEFAR SAVA, Israel, July 12, 2022 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced it has entered into a strategic partnership agreement with CathWorks, a privately held company headquartered in Kefar Sava, Israel, which aims to transform how coronary artery disease (CAD) is diagnosed and treated.
As part of the agreement, Medtronic will invest up to $75 million and immediately begin co-promotion of CathWorks' FFRangio® System in the U.S., Europe and Japan, where it is commercially available. As part of a separate agreement, Medtronic will have the option to acquire CathWorks once certain undisclosed milestones are met. CathWorks will also have the right to compel Medtronic to acquire the company if Medtronic chooses not to exercise its option. The acquisition option agreement will expire in July of 2027, with an estimated acquisition of up to $585 million and potential undisclosed earn-out payments post-acquisition. Medtronic has held a minority investment in CathWorks since 2018.
Fractional flow reserve (FFR) is a diagnostic technique that evaluates the physiologic impact of coronary artery stenosis, making it an important part of the decision-making process when managing patients with CAD. While FFR is an important diagnostic tool, supported by strong clinical evidence,1 the nature of traditional FFR — which requires invasive measurements with wires and stimulation with hyperemic agents— has resulted in its underutilization. In contrast to traditional FFR, the FFRangio System combines artificial intelligence (AI) and advanced computational science to obtain quick and reliable FFR values from routine angiograms (X-rays), eliminating the need for drug stimulation and invasive pressure wires.
"Data and AI-enabled technologies have been shown to drive improved workflow and patient outcomes across the healthcare ecosystem. In cardiology specifically, these new advances in technology provide clinicians with the opportunity to gain additional information to improve and evolve the diagnosis and treatment of patients with CAD," said Jason Weidman, senior vice president and president of the Coronary & Renal Denervation business, which is part of the Cardiovascular Portfolio at Medtronic. "We are excited to partner with CathWorks to offer the FFRangio system to our customers. We believe strongly in the potential of the technology and are committed to strengthening our relationship with CathWorks to provide new, innovative technologies and solutions from diagnosis to treatment."
Backed by robust clinical evidence, FFRangio has demonstrated excellent diagnostic performance compared to wire-based FFR. According to clinical data published in the Journal of the American College of Cardiology (JACC): Cardiovascular Interventions, FFRangio showed diagnostic accuracy of 93%, sensitivity of 91%, and specificity of 94%.2 This non-invasive technology has the potential to disrupt and expand traditional FFR segments. Traditional FFR today is an approximate $750 million product segment that is growing at low-double digits.
"CathWorks has been looking for the right partner to help us expand the reach of the FFRangio system globally," said Ramin Mousavi, president and chief executive officer of CathWorks. "Medtronic not only brings the strength of its commercial team to CathWorks, but a reputation of investing and defining new opportunities to revolutionize care. I am excited about the possibilities ahead as we partner with Medtronic to expand the use of our technology to the U.S., Japan and Europe."
Financial Highlights
The co-promotion agreement is expected to be neutral to Medtronic's fiscal year 2023 GAAP and adjusted earnings per share and neutral to accretive thereafter.
About CathWorks
CathWorks is the leader in digital health innovations that can improve the lives of patients globally. The CathWorks FFRangio® System combines artificial intelligence and advanced computational science, transforming how cardiovascular disease is diagnosed and treated. The FFRangio System obtains physiologic information from routine angiograms, eliminating the need for drug stimulation and invasive pressure wires. It provides physicians with quick and reliable intraprocedural FFR values for the entire coronary tree that is practical for every patient. For more information on CathWorks, visit www.cath.works and follow @CathWorks on Twitter and LinkedIn.
About Medtronic
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit www.Medtronic.com and follow @Medtronic on Twitter and LinkedIn.
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.
- Bernard De Bruyne, M.D., Ph.D., Nico H.J. Pijls, M.D., Ph.D., Bindu Kalesan, M.P.H., Emanuele Barbato, M.D., Ph.D., Pim A.L. Tonino, M.D., Ph.D., Zsolt Piroth, M.D., Nikola Jagic, M.D., Sven Möbius-Winkler, M.D., Gilles Rioufol, M.D., Ph.D., Nils Witt, M.D., Ph.D., Petr Kala, M.D., Philip MacCarthy, M.D., Thomas Engström, M.D., Keith G. Oldroyd, M.D., Kreton Mavromatis, M.D., Ganesh Manoharan, M.D., Peter Verlee, M.D., Ole Frobert, M.D., Nick Curzen, B.M., Ph.D., Jane B. Johnson, R.N., B.S.N., Peter Jüni, M.D., and William F. Fearon, M.D., for the FAME 2 Trial Investigators. Fractional Flow Reserve–Guided PCI versus Medical Therapy in stable coronary disease. The New England Journal of Medicine 2012; 367:991-1001DOI: 10.1056/NEJMoa1205361
- Witberg G, De Bruyne B, Fearon WF, Achenbach S, Engstrom T, Matsuo H, et al. . Diagnostic performance of angiogram-derived fractional flow reserve: a pooled analysis of 5 prospective cohort studies. JACC Cardiovasc Interv. (2020) 13:488–97. 10.1016/j.jcin.2019.10.045
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SOURCE Medtronic plc | https://www.wibw.com/prnewswire/2022/07/12/medtronic-announces-co-promotion-agreement-with-cathworks-with-path-toward-acquisition/ | 2022-07-12T13:40:44Z |
Pair of 7s: Boston Celtics, Phoenix Suns happy to be home
By DAVID BRANDT
AP Sports Writer
PHOENIX (AP) — The NBA’s long regular season can be tedious, but make no mistake, it matters. Just ask the Boston Celtics and Phoenix Suns, two teams who have home court advantage in Game 7 of their respective second-round NBA playoff series on Sunday. The Celtics host the Milwaukee Bucks a few hours before the Suns host the Dallas Mavericks. The Celtics and Bucks have alternated wins throughout the first six games of their series. The Mavs and Suns have each won all three of their home games in their series, including many by a wide margin. | https://localnews8.com/sports/ap-national-sports/2022/05/14/pair-of-7s-boston-celtics-phoenix-suns-happy-to-be-home/ | 2022-05-14T20:32:00Z |
IDC Financial Insights ranks top enterprises worldwide serving the financial services industry. This marks the eighth consecutive year Kasasa has earned recognition.
AUSTIN, Texas, Sept. 12, 2022 /PRNewswire/ -- Kasasa, an award-winning financial technology and marketing provider that partners exclusively with community banks and credit unions, announced it was ranked #87 on the 2022 IDC FinTech Rankings. The elite list features enterprise companies from around the globe serving multiple industries. This is the eighth time Kasasa has appeared on the prestigious list. To view the list in its entirety, please visit http://www.idc-fi.com.
"Kasasa provides cutting-edge technology and innovative products to community financial institutions so they can focus on their area of expertise – connecting personally with their account holders to offer customized financial guidance and support," said Gabe Krajicek, CEO of Kasasa. "Kasasa ultimately encourages people to support their local economies by banking locally with a partner that has their best interest at heart. We are honored to be named to the IDC FinTech Rankings for eight consecutive years and are excited to continue helping community financial institutions nationwide."
The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC forecasts worldwide spending on IT across the globe to be $590 billion (USD) by 2025.
To thrive in a digital economy, financial services organizations must embrace innovative and integrate innovative technology effectively to enhance the customer experience and achieve operational excellence. Kasasa and the vendors featured on the IDC FinTech Rankings, represent those providers committed to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers around the world. IDC Financial Insights publishes a comprehensive report about the year's findings that is available to view or download from http://www.idc-fi.com.
Kasasa serves over 700 community financial institutions nationwide, representing over 3 million consumer bank accounts across 3,400+ branches in all 50 states. Kasasa provides marketing, technology, and financial products people love and offers them exclusively at community banks and credit unions to keep money in the local economy. Since 2003, Kasasa financial institutions have given back $2.7 billion in rewards to Kasasa account holders.
For more information about the rankings, visit http://www.idc-fi.com and follow us on Twitter @IDC and look for #IDCFinTechRankings.
About Kasasa
Based in Austin, Texas, Kasasa® promotes community banks and credit unions and inspires people to bank locally, so they can be proud of their money and do more good. An award-winning fintech and marketing services company, Kasasa provides reward checking accounts people love, the first-ever loan with Take-Backs™, relationship-powered referral programs, and ongoing expert consulting services to community financial institutions. For more information, visit www.kasasa.com, Instagram, Facebook, or LinkedIn.
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SOURCE Kasasa | https://www.wibw.com/prnewswire/2022/09/12/kasasa-named-prestigious-idc-fintech-rankings-by-idc-financial-insights/ | 2022-09-12T14:15:32Z |
ATLANTA -- A former Statesboro city councilman was sentenced to 33 months in prison Monday for evading taxes on income from bars he co-owned.
Will Britt, a member of the council from 2004 through 2015 now living in Bluffton, S.C., and a group of business partners owned various bars near college campuses in several Georgia communities, while claiming each bar was owned by a single individual, according to court documents and statements in federal court.
He and the other co-owners skimmed cash from the bars and disbursed it among themselves in accordance with their ownership percentages without reporting that income to the IRS.
To complete the fraud scheme, Britt personally ensured that some of the nominal owners of the bars filed false tax returns. He also provided false information to an accountant who prepared tax returns related to some of the businesses.
Specifically, Britt misrepresented the businesses’ true ownership, underreported the bars’ income, and omitted cash distributions to the owners. This conduct enabled him and the other true owners of the bars to file tax returns that omitted their full income tax liabilities.
In addition to the prison term, Chief Judge J. Randal Hall of the U.S. District Court for the Southern District of Georgia ordered Britt to serve three years of supervised release and pay more than $352,000 in restitution.
TravelPerk ranked the countries that spend the most on domestic and international business travel, as well as their future outlook as they recover from pandemic-induced loss of business. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/former-statesboro-councilman-headed-to-prison-for-tax-evasion/article_6f6a764c-2883-11ed-a4ea-072db77e562d.html | 2022-08-30T18:33:51Z |
LOUM BEAUTY AND RARE BEAUTY LAUNCH #BEAUTYCARES VOICES, A COALITION OF FOUNDERS AND INFLUENCERS COMING TOGETHER IN AN INDUSTRY WIDE MOVEMENT TO PROVIDE SUPPORT IN THE ONGOING MENTAL HEALTH PANDEMIC.
PARTNERING WITH EVA NYC, GLOW RECIPE, JOSIE MARAN, KEYS SOULCARE, KOPARI, NATUROPATHICA, NIOXIN, PHILOSOPHY, RARE BEAUTY, UOMA BEAUTY, VERSED AND WANDER BEAUTY.
NEW YORK, May 19, 2022 /PRNewswire/ -- Mental Health Action Day – Today, LOUM Beauty and Rare Beauty announce #BeautyCares Voices, a campaign with a bold ambition to reach everybody fighting to protect their mental health. With 1 in 5 American adults experiencing a mental illness each year, 63% of those with anxiety disorders not receiving treatment and 50M+ of US adults now living with Mental Illness*, Mental Health is the signature issue of our time. #BeautyCares Voices are unified in the belief that actions we take now will impact business and society for generations to come.
Led by LOUM Beauty founder Kat Bryce and Elyse Cohen, Vice President of Social Impact at Rare Beauty, the brands are forming an all-inclusive coalition of brands, founders and influencers that provide true representation across the beauty industry, united by the shared goal of helping to tackle the ongoing mental health crisis.
LOUM Beauty have been a proud partner of NAMI (National Alliance on Mental Illness) since launch whilst Rare Beauty commits 1% of Rare Beauty's sales to the Rare Impact Fund to expand mental health services for young people.
Each #Beautycares allied brand is committed to supporting and promoting NAMI via its brand voices to help families and individuals affected by mental illness build better lives through education, support and advocacy via:
- Accessibility: Providing services that are free of charge and easy to access for anyone who needs them
- Inclusivity: We welcome and embrace people of all cultures and identities
- Community: We create community and are committed and connected to the diversity communities across the USA
- Empathy: Our staff and volunteers genuinely care and make an effort to understand without judgment
- Lived Experience: As individuals and family members impacted by illness, we understand your experience because we have been there
This Mental Health Action Day (May 19, 2022) #BeautyCares Voices has the potential to reach 6 million people across its brand social platforms with a full day of IG Live programming designed to drive awareness of NAMI support services and driving awareness to brands individual efforts in targeting the communities they serve who are most affected by the Mental Health Crisis.
*Figures from the National Institute of Mental Health and the Anxiety and Depression Association of America.
#BeautyCares Voices: Mental Health Action Day Programming.
MEDIA CONTACTS
LOUM BEAUTY
Bex Meredith and Chattie Dionisio
Studio Beauty
Email: Bex@studiobeauty.io / Chattie@studiobeauty.io
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SOURCE LOUM Beauty | https://www.mysuncoast.com/prnewswire/2022/05/19/fight-protect-our-mental-health-beautycares/ | 2022-05-19T14:03:18Z |
ANKARA, Turkey (AP) — Firefighters, aided by water-dropping planes and helicopters, were on Wednesday battling a wildfire that broke out in southwestern Turkey, officials and media reports said.
The fire erupted Tuesday evening in the Bordubet region, near the vacation resort of Marmaris on Turkey’s Aegean coast. It spread rapidly, fanned by strong winds, the state-run Anadolu Agency reported.
Some 30 homes near the region were evacuated as a precaution, the private DHA news agency reported.
The cause of the blaze was under investigation.
“Due to the winds, the situation does not look good,” Mehmet Oktay, the mayor of Marmaris said in a video message late on Tuesday.
Anadolu said close to 1,600 personnel were involved in efforts to bring the fire under control, including teams brought in from neighboring provinces. A total of 20 helicopters and 14 planes were deployed, the agency reported.
Last summer, blazes that were fed by strong winds and scorching temperatures, tore through forests in Turkey’s Mediterranean and Aegean regions, including Marmaris. The wildfires, which killed at least eight people and countless animals, were described as the worst in Turkey’s history.
President Recep Tayyip Erdogan’s government came under criticism for its inadequate response and preparedness to fight large-scale wildfires, including a lack of modern firefighting planes. | https://cw33.com/business/ap-business/firefighters-battle-wildfire-near-turkish-resort-of-marmaris/ | 2022-06-23T00:06:15Z |
Atlanta airport reclaims title as World’s Busiest Airport
ATLANTA (CNN) - Atlanta’s airport is once again the world’s busiest.
Hartsfield-Jackson Atlanta International Airport knocked China’s Guangzhou Baiyun International Airport from the top spot for 2021, according to the trade association, Airports Council International.
Guangzhou pushed Atlanta off the perch in 2020, breaking Atlanta’s 22-year streak as number one.
Atlanta’s main airport had 75.7 million passengers in 2021. That is up a whopping 76% from 2020, but still nearly 32% below the pre-pandemic 2019 level.
Meanwhile, Guangzhou’s airport dropped to number eight in 2021.
U.S. airports dominated in 2021, with eight of the top 10, but the year before, airports in China took seven of the top 10.
China’s 2020 dominance was because of th early rebound of domestic travel in China.
The country has still not reopened to international visitors.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/04/11/atlanta-airport-reclaims-title-worlds-busiest-airport/ | 2022-04-11T17:03:40Z |
Which black-and-white throw blanket is best?
There can never be enough blankets in the house. Throw blankets have a lot of uses and are cozy to have around. If you want one that goes well with your decor, a black-and-white option is a versatile choice. Keep a throw in your guest room, on your couch, in your office or just about anywhere else you spend time. If you have kids or pets, it’s nice to have something soft for them to cuddle with.
If you need a quality, all-purpose blanket for your living room or bedroom, the top pick is the soft, stylish Judybridal Plaid Chenille Throw.
What to know before you buy a black-and-white throw blanket
Use
Before you purchase a throw, deciding what its use will be can help you choose the right one. A more decorative throw may be needed for an office. A thin cotton throw may be more useful for a bed in the winter. Or, if you have guests over, you may want to have a spare blanket to offer them.
Size
Another important thing to consider when buying a throw is the size. You will likely want to get a smaller blanket for a couch or an office chair. Around 65 by 70 inches is appropriate. If you use the throw for bedding, you can size it according to the mattress and sheets. The price will increase with the size of the blanket.
Style
If your plan for the blanket is to drape it over a bed in the summer, you may want a thinner option with a nice black-and-white print. However, if you intend to use your new throw to cuddle on your couch, a thicker one may be better. There are throws with or without fringe on the ends, and some come in multiple patterns like plaid, checkerboard or striped. Adventurous options include zebra or white-tiger stripes. There are also beautiful boho styles that blend the use of black and white in unique ways.
What to look for in a quality black-and-white throw blanket
Material
Throws are typically used to create a sense of warmth and coziness in your home. You want to find black-and-white throws made from quality materials and can be washed easily. Cotton is a breathable, natural option, and chenille is lush. However, materials like polyester create an incredible softness that also feels great. Whether your choice is based on sustainability or comfort, there is a quality blanket for you.
Density
When searching for the right blanket, density can make the difference between a blanket serving its purpose and not. You may want a thicker or thinner blanket, depending on how you use it. Maybe your throw is meant to cover your bed in the summer. In this case, you might want a lighter cotton black-and-white throw for your queen bed. However, if you are looking for a warm throw for your couch in December, softer, thicker options are available.
Texture
Arguably one of the most essential features of throws is how it feels to the touch. Some stitching styles offer a smooth, soft feel to the blanket, while others may feel thicker and more coarse. The stitching can also make a difference in how you wash the blanket. Certain textured or patterned blankets may have a specific care style to protect the feel of the blanket from changing after being washed.
How much you can expect to spend on a black-and-white throw blanket
Depending on the brand and quality of the fabric, an average throw costs $30-$130.
Black-and-white throw blanket FAQ
What is a good material for a throw blanket?
A. Cotton, polyester blends, and chenille are all soft, comfortable, quality materials for a throw blanket. They also tend to wear well.
How do you wash a black-and-white blanket?
A. Wash your throw in a washing machine with a mild detergent and cold water. If possible, use a front-loading machine to allow the blanket to wash and spin evenly throughout the cycle. Certain delicate materials may require hand-washing or air-drying. They also may have other specific care instructions.
What’s the best black-and-white throw blanket to buy?
Top black-and-white throw blanket
Judybridal Plaid Chenille Throw
What you need to know: This is a soft, well-made chenille throw blanket for any room in the house.
What you’ll love: The blanket has a black-and-white plaid design and fringe borders on each end. There are other colors to choose from in this style as well. All are soft to the touch.
What you should consider: It is a thinner throw blanket. It is also pricey due to the materials it’s made of.
Where to buy: Sold by Amazon
Top black-and-white throw blanket for the money
What you need to know: This is a warm, cozy all-purpose throw blanket you can travel with.
What you’ll love: This brand has several styles to choose from. They are easy to wash, dry and throw in any room of the house. The blankets are light enough for summer but thick enough for winter months, making them useful year-round.
What you should consider: This blanket is thin, and after many washings, it tends to have tears in the stitching.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This black-and-white striped blanket is velvety soft and warm.
What you’ll love: The black-and-white option looks great, but you can also get this style in other colors. It’s a lightweight fleece throw that’s heavy enough for colder months and breathable in hotter seasons.
What you should consider: Snags or shedding can happen when this blanket is washed in a machine.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/home-br/decor-br/best-black-and-white-throw-blanket/ | 2022-05-27T22:30:10Z |
Washington Democrats seek to host early presidential primary
SEATTLE (AP) — Washington Democrats want the state to be one of the first five states to host an early presidential primary in 2024.
A letter of intent was sent Thursday to the Democratic National Committee’s Rules and Bylaws Committee, signed by party chair Tina Podlodowski, state Speaker of the House Laurie Jinkins and state Senate Majority Leader Andy Billig.
The DNC’s Rules and Bylaws Committee oversees the application process and recommends a slate of proposed states for the full DNC’s approval.
Washington’s letter is the first step and indicates the state party’s desire to seek an exemption to the standard presidential nominating calendar in 2024.
“Our state has everything a balanced nominating contest should look for: broad diversity – racially, economically, geographically, and politically – a dedicated and effective party organization and democratically-controlled government, and a shining vote-by-mail system to encourage stability and faith in the nominating process itself,” Podlodowski, who chairs the DNC Western States Caucus, said in a written statement.
State lawmakers previously approved a move of the primary date from mid-June to March for the 2020 presidential primary.
The state party will continue to make its case for an earlier date to the DNC in the coming months. A presentation outlining Washington’s qualifications will be presented by June 3 and then a formal pitch will take place in Washington, D.C. in June, with a decision made sometime by early August. | https://localnews8.com/news/ap-idaho/2022/05/06/washington-democrats-seek-to-host-early-presidential-primary/ | 2022-05-06T19:15:37Z |
Company Provides Updates
CAMBRIDGE, Mass., April 12, 2022 /PRNewswire/ -- Matterworks, Inc., developers of the world's most powerful metabolomics platform, which accelerates the discovery, development, and manufacturing of biologics and gene therapies, today announces updates to its Board of Directors.
"Matterworks is thrilled to welcome two Board members familiar with leading early stage companies in the introduction of novel technologies to biopharma. As we develop our platform of next-generation machine learning software for streamlining metabolomics in bioprocessing, Lena and Eric's collective experience building successful companies in this space will be invaluable,'' said Mimoun Cadosch Delmar, Founder & CEO of Matterworks.
Lena Wu, Ph.D. has been serving as an Independent Director since October of 2021. She is the former co-founder and CEO of Intabio, Inc, which developed analytical systems for biomanufacturing and was acquired by SCIEX. She was previously the CEO and co-founder of Rogne Biosciences, a biotherapeutics company. Lena has 25+ years of corporate development experience in early stage life sciences companies.
"I am impressed with the Matterworks team's rapid progress, advancing from proof-of-concept to a prototype product that is ready for pilot testing with top biopharma companies," said Dr. Wu.
Eric Carlson, Ph.D. joins the Matterworks Board with over 25 years of experience in the life sciences industry. Since January 2014, Eric has served in executive roles at Protein Metrics Inc, a leading provider of biopharmaceutical protein characterization and proteomics analysis software. As the CEO of Protein Metrics since January 2017, Eric most recently led the company's successful acquisition by Insightful Science.
Said Dr. Carlson, "I look forward to working with the Matterworks team as a member of their Board, and to driving efficiency for biopharma customers through the implementation of metabolomics as a core element of their bioproduction processes."
About Matterworks
At home in the Boston-area biotech hub, Matterworks, Inc. is a venture-backed startup enabling real-time quantitative metabolomics through novel machine learning-powered technologies.
The field of metabolomics sits today where genomics was positioned in the early 2000's: ripe for a breakthrough that drives explosive adoption of metabolomics as an essential tool for the life sciences. To realize this opportunity, our platform combines mass spectrometry with advanced AI to systematize, scale, and accelerate metabolomics workflows.
Visit https://www.matterworksbio.com/ to learn more
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SOURCE Matterworks | https://www.mysuncoast.com/prnewswire/2022/04/12/matterworks-announces-updates-its-board-directors/ | 2022-04-12T14:46:28Z |
MINNEAPOLIS, June 29, 2022 /PRNewswire/ -- Everyone is looking forward to festivities of the upcoming Fourth of July holiday, but for our furry friends the accompanying loud noises and crowds can be terrifying. When a pet isn't accustomed to disruptions in their environment, fireworks, pool parties and BBQs can cause nervous behavior and even backyard escapes. To ensure pet wellness this holiday, pet parents can turn to comprehensive online resource, Happy Pet CBD to plan for easing anxiety through their highly curated, premium CBD products from trusted brands like Pet Releaf and Super Snouts. The website is an education-forward, one-stop shop to help pet parents understand the benefits of CBD.
A naturally occurring substance and hemp's largest component, CBD is widely considered safe for pets. It's not psychoactive and has been proven effective in aiding various issues, including anxiety, over-excitement, and emotional imbalance. For ease of administering, the site offers products in many forms, such as chews, oils, capsules, and peanut butter. For pets with acute anxiety, CBD can be taken as needed, and if a pet has chronic anxiety, CBD is safe to be given daily.
"While in many cases the effects of CBD can be noticeable within 30 minutes of administering, we recommend pet parents test the product prior to the Fourth of July weekend. This will ensure the proper dosage and efficacy," states Brad Kriser, Chief Education Officer for IPP, founders of Happy Pet CBD.
Independent Pet Partners (IPP) operates a nationwide network of independent retail banners. Either online or at the retailers, Happy Pet CBD offers an assortment of dog and cat CBD products with various benefits, including calming, hip and joint, immunity, digestion, supplements and skincare. The site also offers a wellness blog for CBD education. Each product featured goes through rigorous quality-control, and all are members of the National Animal Supplement Council (NASC), which monitors the health supplement industry to create a safe, fair and responsible ecosystem.
Prior to use, pet parents are encouraged to consult their veterinarian for possible prescription interactions or treatment complications.
For more information: www.happypetcbd.com.
About Independent Pet Partners
IPP is comprised of four brands of independent pet retailers: Chuck & Don's, Kriser's, Loyal Companion and Natural Pawz. IPP was founded to bring together a community of experts from nutritionists to groomers to behaviorists dedicated to holistic pet wellness, with everything needed under one virtual and physical roof, including food, supplies and services. In 2019, IPP founded an industry-first registered trademark definition of "pet wellness" to make pet parenting easier to understand and simpler to implement. The Five Pillars of Pet Wellness® establishes a practical guide for pet families in the care and wellbeing of their pets, which is focused on a model of prevention science, wellness needs and overall happiness, helping pets to thrive and live longer: Nourishment, Play, Comfort, Companionship & Purpose. For more information, visit ippwellness.com.
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SOURCE Independent Pet Partners | https://www.kxii.com/prnewswire/2022/06/29/happy-pet-cbd-provides-online-access-pet-owners-reducing-animal-anxiety-advance-fourth-july-fireworks/ | 2022-06-29T18:25:45Z |
SUMMIT, N.J., Sept. 14, 2022 /PRNewswire/ -- Simplicity Group ("Simplicity") today announced the acquisition of Coastal Insurance Consulting ("Coastal"), a Pennsylvania-based brokerage agency that provides insurance products, marketing, and underwriting support for financial professionals. Michael Driscoll and Brendon Healy become Simplicity's newest partners and will continue to manage Coastal's day-to-day operations. Coastal is the 42nd business to join Simplicity.
"Coastal's team is a first-rate group whom we are thrilled to welcome to Simplicity," said Bruce Donaldson, President and CEO of Simplicity. "Our unrivalled partnership will help Coastal realize the benefits of scale across their business, which will immediately benefit their agents and their agents' clients."
"We have proudly built the Coastal brand over the last decade, and we are thrilled to join forces with Simplicity," said Michael Driscoll, Coastal. "Our partnership with Simplicity will allow us to continue to provide a comprehensive array of products and marketing supports to our agent and advisor partners and will also give us access to additional resources, including Simplicity Wealth."
"We are excited about joining forces with our new partners at Simplicity and we are confident that our shared business philosophies will help us efficiently integrate to best support our clients," said Brendon Healy, Coastal. "We are looking forward to integrating into Simplicity's service centers so that we can continue to provide access to top-rated products, best-in-class sales strategies, and unparalleled marketing resources. We are excited for what the future holds for the entire Coastal team."
About Coastal Insurance Consulting
Coastal Insurance Consulting serves financial professionals and agencies with products, marketing, and underwriting support. The Company partners with industry-leading insurance carriers and offers term and permanent life insurance, disability income, long-term care and annuity solutions. Coastal's specialized service includes tailored sales strategies, access to electronic contracting, marketing resources, underwriting, quotes, business submission and case management. For more information, please visit https://coastalic.net/
About Simplicity Group
Simplicity Group is one of the nation's largest and fastest-growing financial product distribution companies, which has had 42 distribution businesses join its partnership (including Coastal). Each of Simplicity's operating businesses is directed by its local management team and benefits from access to Simplicity's group resources. Through partnership with top distribution organizations and technology companies, Simplicity seeks to provide compelling business solutions that will attract the industry's best leadership, talent, advisors, agents, and future partners.
Simplicity supports independent financial advisors and agents across the country with investment, annuity and life insurance solutions with a focus on client education, consumer value, and partnership. For more information, please visit: www.simplicitygroup.com and follow the Company on LinkedIn.
MEDIA CONTACTS
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SOURCE Simplicity Group | https://www.kxii.com/prnewswire/2022/09/14/simplicity-welcomes-michael-driscoll-brendon-healy-groups-newest-partners-with-acquisition-coastal-insurance-consulting/ | 2022-09-14T14:39:33Z |
- Exro CEO Sue Ozdemir will host the company's quarterly webcast to provide shareholders with an update on the company and its new and ongoing projects.
- Highlights from the webcast will include results from recent performance testing demonstrating superior Coil Driver performance.
- Exro will also discuss recent notable hires and Coil Driver recognition as an Edison Awards Finalist.
CALGARY, AB, April 7, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today updates related to a number of the company's new and ongoing projects that mark important milestones and progress towards the commercialization of its Coil DriverTM technology. During Exro's quarterly webcast hosted by CEO Sue Ozdemir, shareholders will receive these partner, technology and company updates, as well as answers to their questions submitted in advance. A recording of the webcast and the presentation file will be available on the Company website here:
Shareholders unable to attend the webcast can find an overview below of the updates that will be covered during the webcast, including Exro's new Vehicle Systems division and ongoing work with partners Potencia Industrial, Traktionssysteme Austria (TSA) and Linamar.
Exro Vehicle Systems:
Exro Vehicle Systems, a division of Exro Technologies Inc., secured a purchase order from a leading Tier-1 automotive supplier, to provide more than $1 million in engineering design and consulting services. Under the terms of the purchase order, Exro will deliver design and installation services for a custom electric powertrain system that features a custom battery pack solution. The custom system designed for a light-duty on-road vehicle will also integrate with many automotive original equipment manufacturer (OEM) systems, including power and control architectures.
Exro's Vehicle Systems division will execute this order from its 15,000 square foot facility in Detroit, Michigan. The division serves as a strategic complement and entry point to Exro's e-mobility business for additional revenue-generating opportunities.
Potencia Industrial:
Exro announced today an update on the in-vehicle demonstration as part of its ongoing partnership with Potencia Industrial, S.A. DE C.V. ("Potencia"). The two companies tested a light-duty electric cargo truck using a Potencia Y45 electric motor and an Exro 100 Volt Coil Driver on the streets of Mexico City, Mexico, to test powertrain performance in densely populated urban environments and on hilly terrain. Exro's partnership with Potencia began in 2018, and since then they have been developing a high-efficiency and reliable solution for light-duty electric vehicles (EVs). This marks an important milestone towards the delivery of the Coil Driver in North and South American automotive markets.
The latest testing with Potencia reinforces Exro's ability to improve performance and efficiency in low voltage EV applications and deliver its technology to partners on time. The Company and Potencia will continue to work together toward commercialization by providing solutions that can impact communities and markets globally. As part of the ongoing collaborative development, Exro and Potencia are exploring 800 Volt systems for medium-and heavy-duty commercial applications
A demonstration video of the vehicle traversing the streets of Mexico City will be shared during the webcast. The video can also be viewed here.
"The latest testing of Exro Coil Driver integrated with our Y45 electric motor demonstrates the capabilities of our partnership and of Exro to deliver versatile solutions for light-duty industrial electric vehicles," said Tomas Gottfried, Technical Director at Potencia Industrial. "As part of our ongoing partnership, we look forward to exploring additional applications of this cost-effective technology in medium- and heavy-duty commercial vehicles, as we at Potencia deliver on our mission to enable Latin America's transition to electrification."
Traktionssysteme Austria:
Traktionssysteme Austria (TSA) is collaborating with Exro as its motor partner for high voltage applications. The two companies are partnering to test and develop electric drive solutions using a TSA motor and an Exro Coil Driver.
The Coil Driver testing is progressing successfully, and thus far, the results are exceeding expectations. The results are showing 4000 Nm of torque and continuous power of 375kW mechanical output at 4500 RPM, while achieving peak system efficiencies of 95%. This represents a significant performance improvement in a single electric motor when compared to current industry leaders. Historically, achieving high torque output may require limiting the speed range to approximately 2500 RPM or accepting a lower torque output to increase the speed to higher limits. With Coil Driver both performance outputs can be accomplished in a single motor.
Testing is on track to be completed with full performance mapping this quarter to start delivering the high voltage Coil Driver pilots to partners.
SEA Electric:
The recent TSA testing supports on-time delivery of the high voltage Coil Driver for the SEA Electric project in the second quarter of this year. Using SEA Electric's proprietary electric power system technology, the companies will uplift a Mack LR garbage truck with an 800 Volt Coil Driver system and TSA motor, and an F59 UPS delivery truck with a 400 Volt Coil Driver system and TSA motor. Following completion of in-vehicle testing, Exro and SEA Electric hope to accept orders for mass-market commercial fleet applications by the end of this year.
Linamar:
Prototype testing and validation for a compact and cost-effective e-Axle with Coil Driver are on track to be completed this quarter. However, the Linamar project is delayed from delivery in the second quarter of 2022 to the early third quarter of this year. While the Coil Driver development remains on track, Linamar and Exro have experienced supply chain delays as it relates to the electric motor in the e-axle.
Exro is supporting Linamar's entry into the electric powertrain space for medium-duty commercial vehicles by designing and supplying gearbox and intelligent inverter solutions for high-speed low torque and low-speed high torque applications. This partnership with a Tier 1 automotive supplier will also establish Exro's position in the highly competitive automotive supply chain.
Beyond project and partner updates, the webcast will cover recent company updates such as the hiring of Darrell Bishop, a seasoned capital markets professional, as Exro's President, Finance and Investor Relations, and the addition of former Rivian COO Rod Copes, who brings strategic knowledge on the global mobility industry, to the advisory board. The Company's Coil Driver was also chosen as a finalist in the 2022 Edison Best New Product Awards™ for manufacturing, logistics, and transportation. Finally, Julie Wurmlinger has resigned from Exro's Board of Directors due personal reasons. The Company wishes her the best and thanks her for her guidance and support.
"It was great to have the opportunity to engage directly with our incredible shareholders and followers today. We received lots of questions, and we really strived to address all questions to the best of our abilities," said Sue Ozdemir, CEO of Exro. "We hope our investors, can see just how excited we are about the trajectory of our company, and that we continue to remain focused on achieving milestones in the near-term, which we believe hold the potential to begin unlocking value for our shareholders."
About Exro Technologies Inc.
Exro is a clean technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators, and batteries. Exro enables the application to achieve more with less energy consumed.
Exro's advanced motor control technology, the Coil DriverTM, expands the capabilities of electric powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring their technology to the electric mobility industries and beyond.
For more information visit our website at www.exro.com.
To view our Corporate Presentation visit us at www.exro.com/investors
Visit us on social media @exrotech.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company with the Canadian securities regulators, including the Company's annual information form for the financial year ended December 31, 2020, and financial statements and related MD&A for the financial year ended December 31, 2020, filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this press release.
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SOURCE Exro Technologies Inc. | https://www.kxii.com/prnewswire/2022/04/07/exro-company-announces-partner-milestones-technology-company-updates-ahead-quarterly-webcast/ | 2022-04-07T22:39:30Z |
HONG KONG, Aug. 21, 2022 /PRNewswire/ -- Sirnaomics Ltd. (the "Company" or "Sirnaomics", stock code: 2257.HK), a leading biopharmaceutical company in discovery and development of RNAi therapeutics, announced that the Company has been selected as a constituent stock of eight index series including Hang Seng Composite Index ("HSCI"), Hang Seng Stock Connect Hong Kong Index ("HSHKI"), Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, Hang Seng Healthcare Index and Hang Seng Small Cap (Investable) Index by Hang Seng Indexes Company Limited, with effect from 5 September 2022.
HSCI offers a comprehensive Hong Kong market benchmark that covers about the top 95th percentile of the total market capitalization of companies listed on the Main Board of The Stock Exchange of Hong Kong Limited. HSCI can be used as a basis for index funds, mutual funds as well as performance benchmarks, and assists international and local investors in formulating investment strategies. Inclusion into the HSCI will allow the Company's stock to be eligible for trading on the Hong Kong Stock Connect, a channel for stock trading between investors in Hong Kong and those in mainland China. HSHKI serves as a benchmark to reflect the overall performance of the securities listed in Hong Kong that are eligible for trading via the southbound trading link of Stock Connect. It covers equities eligible for trading via such scheme, with additional liquidity screening to make the covered equities a more investable reference set for mainland China investors.
The selection of the Company as a constituent stock of the above-mentioned index series of Hang Seng Indexes Company Limited is expected to be conducive in introducing more diversified investors for the Company, improving stock liquidity and promoting the Company's reputation in the capital market. Looking forward, the Company will continuously devote to the exploration and development of RNAi therapeutics to bring benefits to patients and create value for its shareholders.
About Sirnaomics
Sirnaomics is an RNA therapeutics biopharmaceutical company with product candidates in preclinical and clinical stages that focuses on the discovery and development of innovative drugs for indications with medical needs and large market opportunities. Sirnaomics is the first clinical-stage RNA therapeutics company to have a strong presence in both China and the United States, and also the first company to achieve positive Phase IIa clinical outcomes in oncology for an RNAi therapeutic for its core product, STP705. Learn more at www.sirnaomics.com.
Investor Relations:
Nigel Yip
Chief Financial Officer, China, Sirnaomics
Email: NigelYip@sirnaomics.com
US Media Contact:
Alexis Feinberg
Tel: +1 203 939 2225
Email: Alexis.Feinberg@westwicke.com
Asia Media Contact:
Bunny Lee
Tel: +852 3150 6707
Email: sirnaomics.hk@pordahavas.com
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SOURCE Sirnaomics Ltd. | https://www.mysuncoast.com/prnewswire/2022/08/22/sirnaomics-becoming-constituent-hang-seng-family-indexes/ | 2022-08-22T02:03:00Z |
NEW YORK, June 27, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Oscar Health, Inc. (NYSE: OSCR) pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's March 2021 initial public offering ("IPO" or the "Offering"), of the important July 11, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Oscar securities pursuant and/or traceable to the Registration Statement you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Oscar class action, go to https://rosenlegal.com/submit-form/?case_id=6200 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 11, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the Registration Statement was materially false and misleading and omitted to state that: (1) Oscar was experiencing growing COVID-19 testing and treatment costs; (2) Oscar was experiencing growing net COVID-19 costs; (3) Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation (RADV) result relating to 2019 and 2020; (4) Oscar was on track to be negatively impacted by significant Special Enrollment Period (SEP) membership growth; and (5) as a result of the foregoing, defendants' positive statements about Oscar's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Oscar class action, go to https://rosenlegal.com/submit-form/?case_id=6200 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/06/28/rosen-top-ranked-investor-counsel-encourages-oscar-health-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-oscr/ | 2022-06-28T04:15:30Z |
Former candidate for Florida governor facing federal charges
TALLAHASSEE, Fla. (AP) — Andrew Gillum, the 2018 Democratic nominee for Florida governor, is facing 21 federal charges related to a scheme to seek donations and funnel a portion of them back to him through third parties, the U.S. attorney’s office announced Wednesday.
Gillum, 42, and co-defendant Janet Lettman-Hicks, 53, face 19 counts of wire fraud. Gillum is also charged with making false statements to the Federal Bureau of Investigation.
The U.S. attorney’s office said the pair “conspired to commit wire fraud, by unlawfully soliciting and obtaining funds from various entities and individuals through false and fraudulent promises and representations that the funds would be used for a legitimate purpose.”
Lettman-Hicks then used her company to fraudulently give money to Gillum disguised as payroll payments, the office said in a press release.
“Make no mistake that this case is not legal, it is political. Throughout my career I have always stood up for the people of Florida and have spoken truth to power. There’s been a target on my back ever since I was the mayor of Tallahassee. They found nothing then, and I have full confidence that my legal team will prove my innocence now,” Gillum said in a statement released by his lawyers.
Gillum met with undercover FBI agents posing as developers while he was mayor and during his campaign for governor. His associates sought donations from the agents, and suggested ways to provide money without listing them as political contributions, including paying for a fundraising dinner, according to the indictment.
The agents were asked to contribute $100,000 to Gillum’s campaign and said the money could be given to a private company in order to keep the agents’ names out of campaign finance documents. The agents said they would want favorable consideration on development projects and were told that wouldn’t be a problem, according to the indictment.
The agents also met with Gillum in New York City and paid for his hotel, food and drink, a boat ride and a ticket to see “Hamilton,” according to the indictment.
Later, other FBI agents interviewed Gillum and asked if he had contact with the undercover agents. Gillum told them that he never asked for or received anything from the “developers,” and stopped communicating with them after they tried to link contributions to support for their projects, the indictment said.
It’s the latest trouble for Gillum, who lost to Republican Gov. Ron DeSantis in a race that required a recount. Gillum fell 32,464 votes short of being elected out of more than 8.2 million ballots cast.
Gillum served as mayor of Tallahassee before running for governor. He won a crowded Democratic primary against better funded candidates with 34.4% of the vote, stunning political observers. The charismatic politician won over the hearts of hardcore Democratic activists and ran a strong grassroots campaign.
After losing, Gillum was still seen as a rising star in Democratic politics and was hired as a CNN analyst.
Then, in March 2020, Gillum was found intoxicated and unconscious in a hotel room with two men, including one who works as a male escort. Two days later he entered a rehabilitation center, and later did a television interview in which he said he’s bisexual.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/22/former-candidate-florida-governor-facing-federal-charges/ | 2022-06-22T20:19:33Z |
New premium summer coffee—perfect hot or iced—brimming with
flavors of rich blueberry and sweet vanilla
SARATOGA SPRINGS, N.Y., June 3, 2022 /PRNewswire/ -- Death Wish Coffee Co., the makers of the World's Strongest Coffee, is celebrating National Donut Day (June 3) with the launch of a new limited-edition flavor, "Blue and Buried." The indulgent new blend—made with no artificial ingredients—is brimming with flavors of homemade blueberry jam, luscious vanilla and sweet Vietnamese cinnamon, serving as the perfect guilt-free pick-me-up any time of day.
"Consumers are looking for a high quality, strong and flavorful cup of coffee without artificial ingredients—and Blue and Buried delivers exactly that," said Mike Pilkington, CEO of Death Wish Coffee. "All of our flavored coffee offerings, including Blue and Buried and our seasonal Pumpkin Chai and Gingerdead, are Fair Trade, organic and made with natural ingredients – unique from other coffee offerings. We're excited to release this decadent-tasting flavor just in time for summer so consumers can enjoy it brewed hot or over ice."
Along with the new blend, fans of Death Wish Coffee can also purchase a limited-edition Donut Day mug to celebrate the occasion. Featuring a donut-inspired design, this handcrafted mug is another collectible in the brand's long history of limited-edition and highly sought-after mugs.
Blue and Buried– in addition to the Donut Day Mug — will be available for purchase starting today in 12-ounce ground bags and 10-count Death Cups, compatible with Keurig machines. Only available on www.deathwishcoffee.com, Market 32 locations in the northeast, and at the brand's flagship store at 260 Broadway, Saratoga Springs, NY 12866. Blue and Buried will also be available on Amazon.
Trademarked as the World's Strongest Coffee, Death Wish Coffee is sourced from the highest-quality coffee beans in the world and roasted to deep, never-bitter perfection. The brand boasts a Dark Roast as well as a Medium Roast, which debuted in 2021, available in whole bean, ground, and single-serve coffee pods. The company also sells collectible mugs and merchandise.
For more information about Death Wish Coffee Co., visit http://www.deathwishcoffee.com.
Good things start small. Mike Brown brought his bold idea for the World's Strongest Coffee to life in 2012—seeking a stronger coffee for his local community. He searched far and wide for the world's best beans, perfected a unique roasting technique and Death Wish Coffee Company was born. What started as a few employees packing orders in the basement of a quaint coffee shop is now Amazon's #1 "Most Wished For" coffee and can be found in over 16,000 stores nationwide. Death Wish Coffee Company is committed to sustainability, and our Dark Roast, Medium Roast and Valhalla Java coffees are always Fair Trade + USDA Certified Organic. For more information, visit www.deathwishcoffee.com.
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SOURCE Death Wish Coffee | https://www.kxii.com/prnewswire/2022/06/03/death-wish-coffee-co-celebrates-national-donut-day-with-launch-new-limited-edition-flavor-blue-buried/ | 2022-06-03T13:16:52Z |
The National Law Enforcement Memorial Fund reports that officer fatalities have decreased 31% below the same period in 2021, with increased numbers in firearms deaths.
WASHINGTON, July 14, 2022 /PRNewswire/ -- The number of law enforcement professionals nationwide who died in the line of duty in the first half of 2022 decreased 31% over the same time period in the previous year, according to preliminary data provided by the National Law Enforcement Officers Memorial Fund (NLEOMF), the leading authority on officer fatalities.
NLEOMF announced in its official 2022 Mid-Year Preliminary Law Enforcement Officers Fatalities Report that as of June 30, 2022, 129 federal, state, county, municipal, military, campus, and tribal officers have died in the line of duty during the first six months of 2022, representing a 31% decrease compared to the 188 officers who died in the line of duty during the same period in 2021.
"As the leading authority in line-of-duty death research and data, the publication of the 2022 Mid-Year Law Enforcement Officers Fatalities Report is an opportunity for us to share with the public the rate at which we are losing our heroes, as well as what's behind the data," said National Law Enforcement Officers Memorial Fund CEO Marcia Ferranto. "With zero officer fatalities as our ultimate goal, observing comparatively lower numbers in line-of-duty deaths provides us with cautious hope for those who've made a commitment to serve and protect our communities."
Most significant in the 2022 Mid-Year Report is the sizeable reduction in Covid-19-related deaths. Fifty-four officers have succumbed to the disease so far this year, compared to 98 officers in the same period in 2021, a 45% decrease.
While the number of line-of-duty deaths in the first half of 2022 have decreased compared to the same time in 2021, most of that decrease is a result of far fewer Covid-19-related deaths. The preliminary report shows an 18% increase in the number of firearms-related fatalities, which is cause for concern.
Firearms-related fatalities have claimed the lives of 33 officers in the first half of 2022, an 18% increase compared to the 28 officers killed in firearms-related incidents in the first half of 2021.
Of the 33 firearms fatalities:
- 9 were handling domestic disturbance calls
- 6 were investigating disturbance calls
- 3 were attempting an arrest
- 3 were fatally shot responding to burglary or robbery in-progress calls
- 2 were handling suspicious persons/activities calls
- 2 were killed during traffic enforcement
- 2 were serving warrants
- 2 were ambushed
- 2 were handling/transporting prisoners
- 1 was mistaken identity
- 1 was killed during a tactical encounter
Traffic-related fatalities decreased 9% with 31 deaths in 2022 compared to 34 deaths in the same period in 2021. While overall traffic-related fatalities are down YTD, the 20 fatal crashes so far in 2022 (automobile/motorcycle) represent an increase of 25% compared to the same time in 2021.
Of the 31 traffic-related deaths:
- 14 were automobile crashes involving a collision with another vehicle or fixed object
- 5 were single-vehicle crashes
- 1 officer has been killed in a motorcycle crash
- 11 were struck-by fatalities
Texas has experienced the largest number of law enforcement officer fatalities of all U.S. states so far this year, with 25 line-of-duty deaths.
- California has the second highest number with 10 officer deaths.
- Alabama has the third highest number with 8 officer deaths.
- Tennessee and New York have the fourth highest number with 6 officer deaths each.
- Missouri has the sixth highest number with 5 officer deaths.
- In addition, 6 federal officers and 1 tribal officer have died in the line of duty so far this year. 18 states and the District of Columbia have not lost an officer so far this year.
There were 117 male officers killed in the line of duty, and 12 female officers. The average age of the fallen officers is 45, with an average of 15 years of service. On average, officers left behind two children.
There are currently 23,229 names of officers killed in the line of duty inscribed on the National Law Enforcement Officers Memorial in Washington, DC, dating back to the first known death in 1786. The deadliest year on record for law enforcement was 2021 when 472 law enforcement officers were killed in the line of duty.
The statistics released are based on preliminary data compiled by the National Law Enforcement Officers Memorial Fund and do not represent a final or complete list of individual officers who will be added to the National Law Enforcement Officers Memorial in 2023.
NLEOMF will be hosting a Law Enforcement Traffic Safety Summit on Thursday, July 28, at the National Law Enforcement Museum. The full-day program, which can be attended for free in person in Washington, DC or virtually, will create greater awareness of the persistent dangers officers face while operating on our nation's roadways and promote a stronger culture of safety within all law enforcement agencies in the United States and its territories.
For a complete copy of the 2022 Mid-Year Preliminary Law Enforcement Officers Fatalities Report, go to: http://www.LawMemorial.org/FatalitiesReport.
--- www.NLEOMF.org ---
Established in 1984, the National Law Enforcement Officers Memorial Fund is a nonprofit organization dedicated to honoring the fallen, telling the story of American law enforcement, and making it safer for those who serve. The Memorial Fund maintains the National Law Enforcement Officers Memorial in Washington, D.C., which honors the names of all of the 23,229 officers who have died in the line of duty throughout U.S. history. The National Law Enforcement Museum at the Motorola Solutions Foundation Building is committed to preserving the history of American law enforcement and sharing the experiences of service and sacrifice for generations to come.
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SOURCE National Law Enforcement Memorial Fund | https://www.mysuncoast.com/prnewswire/2022/07/14/2022-mid-year-report-points-declines-law-enforcement-line-of-duty-deaths/ | 2022-07-14T10:10:03Z |
Celtics beat Warriors 116-100, take 2-1 lead in NBA Finals
BOSTON (AP) - Jaylen Brown scored 27 points, Jayson Tatum added 26 and the Boston Celtics beat back another third-quarter onslaught by the Golden State Warriors in a 116-100 victory Wednesday night that gave them a 2-1 lead in the NBA Finals.
Marcus Smart added 24 points and helped lead a defensive effort that held the Warriors to 11 points in the fourth quarter,
Stephen Curry led Golden State with 31 points and six 3-pointers. He had 15 points in a 33-25 third quarter by the Warriors but was hurt late in the fourth after Al Horford rolled into his leg on a loose ball. It was similar to a play during the regular season in which Smart dove into Curry’s legs while chasing a loose ball.
Klay Thompson broke out of a finals slump and finished with 25 points and five 3s. But the Warriors’ shooting couldn’t save them on a night the more athletic Celtics outmuscled them for a 47-31 rebounding advantage,
Game 4 is Friday in Boston.
The previous 39 times teams have split the first two games of the finals, the winner of Game 3 went on to win the series 82% of the time.
Feeding off the energy of a TD Garden crowd that jeered Draymond Green throughout his miserable night in the first NBA Finals game in Boston since 2010, the Celtics started fast and led by as many as 18 points in the first half.
Coming off a Game 2 loss in which Boston turned the ball over 19 times, the Celtics’ ball movement was much crisper in the half court, which led to open perimeter shots, favorable 1-on-1 matchups and driving lanes..
It left the Warriors scrambling at times, which contributed to three foul calls on Curry in the opening 24 minutes.
But as well as Boston played, it had its early lead erased in the third quarter by a Warriors seven-point possession that included a four-point play by Curry when he drew a flagrant 1 foul on Horford and 3-pointer by Otto Porter Jr to put Golden State in front 83-82.
Boston recovered to take a 93-89 edge into the fourth. The Celtics got the lead back up to 102-91 in the fourth and outscored Golden State 23-11 in the quarter.
The Celtics led 56-39 before an 8-0 spurt in just 37 seconds by the Warriors trimmed the lead to 56-49 on a layup by Curry with 3:32 left in half. The run included a pair of missed free throws by Boston, along with a missed layup and turnover.
Boston flurried at the end of the half to take a 68-56 lead into halftime.
TIP-INS
Warriors: Shot 8 of 23 in the first period. … Were outscored 52-26 in the paint.
Celtics: Shot 57% in the first half (27 of 47. Including 8 of 18 from 3. … With two 3-pointers by Brown in the first quarter, he and Tatum became the first pair of teammates in Celtics history to each make 50 3-pointers in a single postseason.
SHOVING MATCH
Green was involved in tussles with Brown and Grant Williams in Game 2 – one that ended in a technical foul call on Green.
He had another brief run-in with Williams in the second quarter Wednesday when Williams knocked Green to the ground at midcourt.
A foul was called on Williams, but he and Green had a short face-off before being quickly separated by officials.
In third quarter, Green wound up on the ground fighting for a loose ball with Brown. This time Green was called for the foul.
FAST START
The Celtics hit three of their first four shots and scored 10 straight points to jump out to 10-2 lead.
Boston’s lead grew to 18-9 when a fast break ended with Curry picking up his second foul trying to contest Smart’s layup with 5:44 left in the quarter.
Curry stayed in the game and Golden State switched to zone, but it did little to slow Boston, which widened its advantage as high as 15 points. The Celtics took a 33-22 lead into the second period.
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/09/celtics-beat-warriors-116-100-take-2-1-lead-nba-finals/ | 2022-06-09T04:40:14Z |
New Orleans (AP) — Both joy and frustration are in the air in New Orleans at the HBCU Climate Change Conference this week as environmental and climate advocates and researchers from around the United States press for urgent climate action and pollution cleanup in poor communities and communities of color.
The conference, which goes through Saturday, has featured top officials and key advisors in the Biden administration, environmental and climate justice advocates from around the southeastern United States and faculty and students from the nation’s historically Black colleges and universities sharing their research.
It was the conference’s eighth convening and the first since 2019, due to the coronavirus pandemic.
Since then people concerned with climate and environmental justice have moved into positions of power in the Biden administration, which created the first ever White House Environmental Justice Advisory Council and made strong pledges to clean up pollution and take climate action in disadvantaged communities. The Bezos Earth Fund and other new philanthropy is channeling money to environmental and climate justice groups.
Longtime leaders Beverly Wright and Robert Bullard, who are also conference co-founders and members of the White House Environmental Justice Advisory Council, expressed excitement over the changes.
“The movement has changed,” said Wright, who is also director of the Deep South Center for Environmental Justice. “It’s resourced for the first time at a level higher than it’s ever been resourced before.” For the first time in decades organizations like hers have been able compensate grassroots organizations for community-based research, she said.
But they and others in attendance also expressed disappointment with the lack of progress on actual pollution cleanup, and said climate change now adds new damage in disadvantaged communities, to say nothing of the need to keep that damage from happening in the first place.
”We find ourselves fighting old fights, fights (we thought) we won. And now we’re fighting them all over again. And that’s why we need you young people. This is your fight moving forward,” Wright said.
This look back was amplified since one of the major themes of this year’s conference was reflection on the 50 years since the passage of the Clean Water Act in 1972 and the creation of the Environmental Protection Agency two years earlier.
Some attendees have been working to clean the water and air in their communities for two and even three generations. Pioneers said there is greater awareness and attention paid to issues like water, air, renewable energy, food access and flood protection for their communities, but they’ve seen little action on the ground on those issues.
Wright said at a community forum to kick off the conference on Wednesday night that when she began doing environmental justice work back in 1990, there were 132 petrochemical facilities along the 85-mile corridor from New Orleans to Baton Rouge known by some as Cancer Alley. Now there are two dozen more.
“We live in a state that for years abdicated its environmental protection obligations” with respect to the chemical manufacturing industry, she said.
The HBCU Climate Change Conference is also traditionally a venue for local organizations to share their data and young researchers to present their studies. Major themes in that research this year were tracking air pollution in St. James and St. John parishes in Louisiana, as well as Houston; building flood protection in the port cities of Gulfport, Mississippi and New Orleans, and measuring the cumulative impact of pollution on environmental health in communities of color across the United States.
Reggie Sylvestine, a member of the Alabama–Coushatta tribe in Texas who works in fire prevention and management, was at the conference for the first time and said what he learned was eye-opening.
“I’m learning that all of the impacts are mainly on (other) minority communities,” Sylestine said. “And we’re being left out from getting the help that we need to alleviate these problems.”
Another first-time attendee, Karis Thomas, a psychology student at Howard University, said she’s been inspired to take on a leadership role by watching other students at the conference and seeing the research they’re taking on.
“What I’ve really gleaned from this conference is the student activism and seeing what’s new that’s coming in terms of taking responsibility” in a way that doesn’t rely on government or corporate support, she said. “Because we’ve seen that this work takes decades, it takes years, and we don’t have years.”
___
Follow Drew Costley on Twitter: @drewcostley.
_
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/hbcu-students-faculty-press-urgent-need-for-climate-action/ | 2022-04-16T00:56:02Z |
Persistent woodpecker boring a hole in the world’s largest hockey stick
By Alexandra Mae Jones and Vanessa Lee
Click here for updates on this story
TORONTO (CTV Network) — Duncan, B.C., is home to the world’s largest hockey stick, and now it is about to become home to a persistent and pesky woodpecker.
Residents have been equally entertained and annoyed by the small bird, who has spent the last few days boring a hole in the side of the giant hockey stick that sits on the outside of the Cowichan Community Centre.
“I guess it goes to show what housing prices are like around here,” Steve Currie, a resident, told CTV News. “He’s looking for housing in a 40-year-old piece of sports equipment.”
The woodpecker seems determined to leave his mark on the 61,000 pound hockey stick, which is constructed out of Douglas Fir wooden beams and reinforced with steel.
The first person who noticed the “wood”-be homeowner was Lorraine Francisty, a figure skating coach at the community centre who has been walking under the hockey stick for years.
She told CTV News she came out of the arena one day and saw some wooden mulch lying on the ground.
“Looked up and there it was,” she said.
She notified the maintenance team of the woodpecker. Workers tried filling the first hole, but it didn’t last long.
“I noticed the bird pulled all of the plugging out, it was like steel wool,” Francisty said.
“Last Thursday, they put a cover on it and the bird’s smarter than the people here so it was making a hole above that.”
The woodpecker isn’t as smart as it could’ve been though, she joked, pointing out that it would’ve been a better idea to start making his hole on the other side of the hockey stick, where no one would’ve seen it.
Bird experts say the northern flicker, a small woodpecker native to North America, is likely in search of food or a nesting spot.
Francisty has been a figure skating coach here longer than the stick has been around. It was built in 1985, but she says the stick means a lot to the residents.
She hopes the woodpecker will move on before more damage is done to the stick.
“It’s a landmark to our town, it was at Expo 86,” she said. “I saw it when I went to World’s Fair and to have it here, it’s a place for our town.”
Duncan’s feathered friend is not the only woodpecker wrecking havoc.
Halfway across the country, in a Montreal suburb, a mischievous cousin has pecked so many holes in the town’s towering flagpole that the giant maple leaf normally flying high has been taken down.
That part of the park has even been sealed off for safety.
“That flag is massive, it’s kind of depressing to see it without it,” said one resident.
“I hope that woodpecker knows what he has done,” another resident told CTV News. “He is going to repent.”
Real life scenes reminiscent of the classic cartoon — Woody without a doubt having the last laugh.
“We’re encroaching on their territory,” Currie pointed out. “Maybe he’s entitled to it.”
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
Sonja Puzic | https://localnews8.com/cnn-regional/2022/04/19/persistent-woodpecker-boring-a-hole-in-the-worlds-largest-hockey-stick/ | 2022-04-19T16:11:29Z |
CHANGSHA, China, Aug. 10, 2022 /PRNewswire/ -- Bit Brother Limited (the "Company," "we" or "Bit Brother") (NASDAQ: BTB), through its subsidiary in New York, Bit Brother New York Inc., entered into a lease agreement with Petawatt Properties LLC, a Wyoming limited liability company ("Petawatt"), which marks the initial step for the parties to jointly develop the cryptocurrency and blockchain business in North America.
On August 2, 2022, Bit Brother New York and Petawatt entered into a lease agreement for a 22-acre plant in Carthage New York. Bit Brother New York agreed to pay Petawatt an annual rent of $1 million for a term of ten years which could be deducted from the purchase price if Bit Brother acquires majority equity interest of Petawatt. Petawatt agreed to secure power supply agreements for 62.5MW of green power by September 1, 2022. Otherwise, Bit Brother New York may terminate the lease and Petawatt shall return the $100,000 deposit it received If fully operational with 62.5 MWs of power supply, the plant is expected to host 17,800 mining rigs with the hash rate of 110TH assuming average hash power of 3.5kw/h per miner.
Mr. Ralph Jones, the CEO of Bit Brother New York, commented, "This partnership with Petawatt is a significant step for Bit Brother's advancement in the blockchain industry. As a vertically integrated energy, facilities and service provider with access to significant green power resources in North America, Petawatt's choice to partner with Bit Brother also proves its confidence in Bit Brother. Securing the property in North America is a key milestone in our globalization strategy. We are committed to moving forward with our plan to launch blockchain operations in the US and create value for our investors in the cryptocurrency and blockchain field gradually." In addition, Mr. Jones emphasized that Bit Brother's future global blockchain presence is expected to be as green as possible, thus contributing to the development of a low-carbon economy.
About Petawatt Properties LLC
Petawatt, incorporated in the State of Wyoming and headquartered at Watertown, New York, is a vertically integrated energy, facilities and service provider to high demand energy consumers, such as blockchain crypto-miners, hydroponic operators and data centers.
About Bit Brother Limited
Bit Brother Limited (formerly known as Urban Tea, Inc.) was incorporated in the British Virgin Islands as a company with limited liability on November 28, 2011. Our business currently consists of the distribution and retail of specialty tea products. We have conducted research and planning of our blockchain technology and cryptocurrency mining business since 2021. For more information, please visit: http://www.bitbrother.com/
Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the federal securities laws, including, but not limited to, our expectations for future financial performance, business strategies or expectations for our business. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. The Company cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Words such as "may," "can," "should," "will," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "target," "look" or similar expressions may identify forward-looking statements. Specifically, forward-looking statements may include statements relating to the Company's:
- ability to have the plant fully operational as a crypto hosting center;
- ability to secure the 62.5 MW green power supply at terms acceptable to the Company;
- expected hash rate for the mining rigs to be hosted at the plant;
- ability to execute its business plan; and
- expansion plans and opportunities.
These forward-looking statements are based on information available as of the date of this press release and our management's current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.
These risks and uncertainties include, but not are limited to, the risk factors described by Bit Brother in its filings with the Securities and Exchange Commission ("SEC"), which are available on the SEC's website (http://www.sec.gov). These risk factors and those identified elsewhere in this press release, among others, could cause actual results to differ materially from historical performance and include, but are not limited to:
- Bit Brother's blockchain technology and cryptocurrency mining business are still under development, with many uncertainties in the execution of its business plan;
- failure to access a large quantity of power at reasonable costs could significantly increase the Company's operating expenses;
- federal and state government's policies and regulatory oversight of crypto currency mining operation;
- other risks and uncertainties indicated in Bit Brother's SEC reports or documents filed or to be filed with the SEC by Bit Brother.
Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and you should not place undue reliance on these forward-looking statements in deciding whether to invest in our securities. We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
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SOURCE Bit Brother Limited | https://www.kxii.com/prnewswire/2022/08/10/bit-brother-new-york-signs-lease-agreement-with-access-625mw-green-power-substantial-first-step-blockchain-transformation/ | 2022-08-10T14:51:28Z |
A break in the wet weather for Wednesday and Thursday
A brief ridge of high pressure will work back in for Wednesday. We'll still see a few isolated snow and rain showers for areas of Western Wyoming. Our next round of wet weather arrives this Friday and Saturday.
OVERNIGHT: A chance of rain and snow, mostly cloudy, with a low into the lower 30's. West wind 5 to 10 mph becoming south southwest after midnight. Winds could gust as high as 20 mph.
WEDNESDAY: Mostly sunny in the Snake River Plain with a slight chance of snow and rain shower in Western Wyoming. A high into the lower 60's.
THURSDAY: Mostly sunny, with a high into the mid to upper 60's.
FRIDAY: A slight chance of showers and thunderstorms with highs into the mid 60's. | https://localnews8.com/news/2022/05/03/a-break-in-the-wet-weather-for-wednesday-and-thursday/ | 2022-05-04T00:30:33Z |
‘Find of a lifetime’: 8-year-old discovers giant prehistoric shark tooth
(WGAL) - A young archaeologist made quite a find while vacationing with his family.
Riley Gracely, 8, recently unearthed a prehistoric shark tooth when the family stopped by an educational fossil-hunting expedition with Palmetto Fossil Excursions.
The 8-year-old and his family have collected hundreds of shark teeth during their annual trips.
And while the family has found some impressive artifacts in the past, Riley was on the lookout.
“When this year came along, he was thinking, ‘OK, it’s my turn, I got to get something this time,’” said Justin Gracely, Riley’s father.
And he did. Riley said he spotted a fossilized shark tooth stuck in a pile of dirt.
“As soon as I saw it, I was like, ‘I’m going to wait until everybody comes around,” Riley said.
The tooth measured nearly 5 inches, and the family believes the giant tooth is from a pretty large and ancient shark, likely dating back more than 22 million years.
“I think it predates the megalodon. It’s called an angustiden,” Justin Gracely said.
The tooth can be identified by the matching cups on each side and is likely worth around $2,000.
Palmetto Fossil Excursions congratulated Riley on its social media, calling it a “find of a lifetime.”
Riley said he’s not done yet in his fossil excursions, even after such a find.
‘I want to go back to find more big teeth so I can add them to my collection,” Riley said.
Copyright 2022 WGAL via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/27/find-lifetime-8-year-old-discovers-giant-prehistoric-shark-tooth/ | 2022-08-27T17:20:28Z |
US sends new military aid for Ukraine to boost momentum
WASHINGTON (AP) — The Biden administration announced Thursday it will send another $600 million in military aid to Ukraine, as the U.S. rushes more weapons to fuel Kyiv’s counteroffensive that has reclaimed large stretches of the embattled country and forced Russian troops to retreat.
The White House said it was the 21st time that the Defense Department has pulled weapons and other equipment off the shelves to deliver to Ukraine.
The package will include more of the same types of ammunition and equipment that have helped Ukrainian forces beat back the Russian forces in portions of the east and south.
“With admirable grit and determination, the people of Ukraine are defending their homeland and fighting for their future,” Secretary of State Antony Blinken said.
“The capabilities we are delivering are carefully calibrated to make the most difference on the battlefield and strengthen Ukraine’s hand at the negotiating table when the time is right,” he said in a statement.
The decision to move on new aid quickly — on the heels of a nearly $2.9 billion infusion of aid and financing support announced last week and more than $3 billion announced in late August — underscore the U.S. intent to ensure that Ukraine can sustain its stunning counterattack that was launched early this month.
That most recent funding included $2.2 billion in long-term military financing announced that Secretary of State Antony Blinken announced during a visit to Ukraine last week, and a $675 million weapons package announced by Defense Secretary Lloyd Austin in Europe that same day.
The $2.2 billion that Blinken announced in Kyiv is for Ukraine and 18 of its neighbors, including NATO members and regional security partners, that are potentially at risk of future Russian aggression, the U.S. said.
Moscow’s recent rout in northeast Ukraine was its largest military defeat since the withdrawal of Russian troops from areas near Kyiv more than five months ago.
The latest package of weapons systems brings the total amount of U.S. aid to Ukraine to nearly $15.9 billion since President Joe Biden took office.
U.S. officials watching the counteroffensive have been careful not to declare a premature victory, noting that Russia still has substantial troops and resources. And they are wary of what Russian President Vladimir Putin may do to turn the tide.
But U.S. leaders also have made clear that the precision weapons and rocket systems provided by the U.S. and allies — including the High-Mobility Artillery Rocket System, or HIMARS, and the High-speed Anti-Radiation Missile, or HARM — have been key to the dramatic shift in momentum.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/09/16/us-sends-new-military-aid-ukraine-boost-momentum/ | 2022-09-16T01:07:24Z |
MYKULYCHI, Ukraine (AP) — This is not where Nadiya Trubchaninova thought she would find herself at 70 years of age, hitchhiking daily from her village to the shattered town of Bucha trying to bring her son’s body home for burial.
The questions wear her down, heavy like the winter coat and boots she still wears against the chill. Why had Vadym gone to Bucha, where the Russians were so much harsher than the ones occupying their village? Who shot him as he drove on Yablunska Street, where so many bodies were found? And why did she lose her son just one day before the Russians withdrew?
Now 48-year-old Vadym is in a black bag in a refrigerated truck. After word reached her that he had been found and buried by strangers in a yard in Bucha, she has spent more than a week trying to bring him home for a proper grave. But he is one body among hundreds, part of an investigation into war crimes that has grown to global significance.
Trubchaninova is among the many elderly people left behind or who chose to stay as millions of Ukrainians fled across borders or to other parts of the country. They were the first to be seen on empty streets after the Russians withdrew from communities around the capital, Kyiv, peering from wooden gates or carrying bags of donated food back to freezing homes.
Some, like Trubchaninova, survived the worst of the war only to find it had taken their children.
She last saw her son on March 30. She thought he was taking a walk as part of his long recovery from a stroke. “It would be crazy to go farther,” she said. She wonders whether he went driving to search for a cellphone connection to call his own son and wish him happy birthday.
She wonders whether Vadym thought the Russians in Bucha were like those occupying their village, who told them they wouldn’t be harmed if they didn’t fight back.
More than a week later, she found his makeshift grave with the help of a stranger with the same name and age as her son. The following day, she spotted the body bag containing Vadym at a Bucha cemetery. He always stood out as tall, and his foot stuck out from a hole in the corner. Anxious not to lose him, she found a scarf and tied it there. It is her marker.
She believes she knows where her son’s body is now, in a refrigerator truck outside Bucha’s morgue. She is desperate to find an official to hurry the process of inspecting her son and issuing the documents needed to release him.
“I get worried, where he’d go, and whether I’d be able to find him,” she said.
Once she collects his body, she’ll need a casket. A casket equals a month of her pension, or about $90. She, like other elderly Ukrainians, hasn’t received her pension since the war began. She gets by selling the vegetables she grows, but the potatoes she meant to plant in March withered while she was hiding in her home.
Her aging cellphone keeps losing battery life. She forgets her phone number. Her other son, two years younger than Vadym, is unemployed and troubled. Nothing is easy.
“I would walk out of this place because I feel it’s so hard to be here,” Trubchaninova said, sitting at home under a tinted black-and-white photo of herself at age 32, full of determination.
She recalled watching her television, when it still worked, in the early days of the war, as broadcasts showed so many Ukrainians fleeing. She worried about them. Where are they going? Where will they sleep? What will they eat? How will they remake their lives again?
“I felt so sorry for them,” she said. “And now, I’m in that situation. I feel so lost inside. I don’t even know how to describe how lost I am. I’m not even sure I’ll put my head on this pillow tonight and wake up tomorrow.”
Like many Ukrainians of her age, she worked without taking time for herself, determined to give her children an education and a better life than her own. “Those were my plans,” she said, agitated. “What plans do you want me to have now? How do I make new plans if one of my sons is lying there in Bucha?”
The cemetery where she wants to place her son can be seen from Vadym’s old room, where his canes are still propped against the door.
On Thursday, she waited outside the Bucha morgue again. After another long day without progress, she sat on a bench in the sun. “I just wanted to sit in nice weather,” she said. “I’m going to go home. Tomorrow I’ll come again.”
Across town was the kind of closure that Trubchaninova wants so badly. At a cemetery, two 82-year-old women rose from a bench and crossed themselves as the now-familiar white van arrived carrying another casket.
The women, Neonyla and Helena, sing at funerals. They have performed at 10 since the Russians withdrew. “The biggest pain for a mother is to lose her son,” Neonyla said. “There is no word to describe it.”
Like Trubchaninova, they hadn’t fled ahead of the Russians. This is our land, they said.
They joined the priest at the foot of the grave. Two men with handfuls of tulips attended, along with a man with cap in hand. “That’s it,” a gravedigger said when the exhausted-looking priest was finished.
Another man with a gold-ink pen wrote basic details on a temporary cross. It was for a woman who had been killed by shelling as she cooked outside. She was 69.
A row of empty graves lay waiting.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/i-feel-so-lost-the-elderly-in-ukraine-left-behind-mourn/ | 2022-04-16T15:09:19Z |
TEL AVIV, Israel, May 20, 2022 /PRNewswire/ -- Bank Leumi (TASE: LUMI) announced today that it will release its First Quarter 2022 financial results on Tuesday, May 24, 2022.
Mr. Omer Ziv, EVP & CFO, will host the results call followed by Q&A. The call is scheduled for 5 PM (Israel); 3 PM (UK); 10:00 AM (ET).
Conference Call Dial-in Details (no passcode required):
Israel 03-9180610
UK 0-800-917-9141
US & Canada 1-888-407-2553
All other locations +972-3-918-0610
The call will be accompanied by a presentation which will be published on the day of the publication of the Financial Results on the Israeli Securities Authority reporting website (MAGNA). It will also be available on the Leumi website under Investor Relations, in the Financial Statements page, Investor Presentation and Conference Call.
An archived recording will be available on the Leumi website one business day after the call ends.
For more information visit www.leumi.co.il or contact Adi Molcho Weinstein, VP, Head of Investor Relations, at investorrelations@bankleumi.co.il
The conference call does not replace the need to review the latest periodic/quarterly reports containing full information, including forward-looking information, as defined in the Israeli Securities Law, and set out in the aforementioned reports.
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SOURCE Bank Leumi | https://www.kxii.com/prnewswire/2022/05/20/bank-leumi-report-q1-2022-results-may-24-2022/ | 2022-05-20T11:26:47Z |
New Interactive Digital Experience Features Step-by-Step Guides for Big and Small Home Upgrades, Clever Organizing Techniques, and More
Sponsors Include 3M Claw, Command Brand, Elkay, Endless Summer, and The Container Store
NEW YORK, April 12, 2022 /PRNewswire/ -- Dotdash Meredith's REAL SIMPLE today premieres its first-ever "Get It Done!" Virtual Home filled with approachable projects, DIY ideas, and time-savers for organizing, designing, and revamping every corner of your home. Tied to its successful "Get It Done!" editorial series, this next-level brand experience draws on REAL SIMPLE editors' expertise in home improvement, design, and organization. Explore the virtual space at RealSimple.com/virtualhome now and find more ideas and inspiration in REAL SIMPLE's May "Get It Done!" issue, available on newsstands this Friday.
"We're excited to elevate the tips and tricks from our reader-favorite 'Get It Done!' franchise through this innovative, multi-channel experience. From finally putting up that gallery wall to rethinking your landscaping, our step-by-step guides help you cross off those lingering 'someday' tasks from your list and make your home more functional and personal along the way," said REAL SIMPLE Editor in Chief Lauren Iannotti.
Consumers can engage with the Home via interactive hotspots that detail home renovation projects that pack big impact with little effort. Through room renderings, project details, and shoppable products needed to get it done, these virtual vignettes explore the topics that the REAL SIMPLE audience loves the most: design, organizing, cleaning, and sustainability. Projects include how to hang a TV and hide all the wires, clutter-proof your closet, give your fireplace a face-lift, set your home up for safety, and other ideas across the kitchen, bedroom, laundry room, and outdoor space.
Sponsors for the "Get It Done!" virtual experience include 3M Claw, Command Brand, Elkay, Endless Summer, and The Container Store. The architect for the Virtual Home is RS Mannino Architects + Builders and Sarah Rhinehart Fleischer, SRF Interiors is the designer for the experience.
To explore REAL SIMPLE's first-ever virtual "Get It Done!" Home, visit RealSimple.com/virtualhome. Additional ideas for how homeowners can improve their space can also be found in the May 2022 issue of REAL SIMPLE, available on newsstands April 15.
ABOUT REAL SIMPLE
REAL SIMPLE provides practical and useful solutions for simplifying every aspect of a modern woman's busy life. By tightly curating the best advice, products and services to make decisions simple, REAL SIMPLE delivers a judgement-free guide for life, leaving her lighter, more accomplished, and in control. As the number one women's lifestyle magazine at newsstand and on Apple News+, REAL SIMPLE reaches an audience of 22 million every month through print, digital, podcasts, licensed products, brand experiences, and more. REAL SIMPLE is part of the Dotdash Meredith publishing family.
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SOURCE Dotdash Meredith | https://www.mysuncoast.com/prnewswire/2022/04/12/real-simple-debuts-first-ever-virtual-get-it-done-home/ | 2022-04-12T16:24:37Z |
NEW ORLEANS, July 1, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 5, 2022 to file lead plaintiff applications in a securities class action lawsuit against Teladoc Health, Inc. (NYSE: TDOC), if they purchased the Company's securities between October 28, 2021 and April 27, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.
Get Help
Teladoc investors should visit us at https://claimsfiler.com/cases/nyse-tdoc/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
Teladoc and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On April 27, 2022, the Company disclosed a host of negative financial results, including revenue of $565.4 million, below consensus estimates by $3.23 million, net loss per share of $41.58, primarily driven by a non-cash goodwill impairment charge of $6.6 billion or $41.11 per share, and revised FY 2022 revenue guidance to $2.4 - $2.5 billion and adjusted EBITDA guidance to $240 - $265 million, which the Company largely attributed to increased competition in its BetterHelp and chronic care businesses.
On this news, shares of Teladoc fell $22.48 per share, or 40.15%, to close at $33.51 per share on April 28, 2022.
The case is Schneider v. Teladoc Health, Inc., et al., No. 22-cv-04687.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
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SOURCE ClaimsFiler | https://www.mysuncoast.com/prnewswire/2022/07/02/teladoc-health-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-teladoc-health-inc-tdoc/ | 2022-07-02T03:03:18Z |
RALEIGH, N.C., June 28, 2022 /PRNewswire/ -- Protochips is pleased to announce the addition of two new members to the Board of Directors. Protochips has been conducting a search for the best talent and found it.
Sallie Shuping Russell is an experienced investor in a diverse array of companies and institutional funds. She has served on several technology-driven company boards across the US, taking them from early stages through to acquisition or merger. She also has been active on numerous non-profit boards. "Electron microscopy is such a key tool in today's nanotechnology world, with applications in energy, catalysis, computing, and healthcare. Protochips has established itself as a leader and is developing important new applications that I am excited to be a part of" states Sallie.
Jean Davis is an entrepreneur, angel investor, board member and technology policy consultant. Her areas of expertise include global operations management, strategic planning, data privacy, and technology policy. Jean began her career at IBM in RTP, NC and most recently served as the CEO at MCNC, leading a team of network professionals providing high speed connectivity, data center services, and implementation of software and services focused on cybersecurity. Jean spent eight years living and working in Europe and has extensive experience in building business operations in Asia, Europe and South America. "During my time at MCNC we had the opportunity to work with research labs around the world and I believe Protochips' products and technology are incredible tools for scientists working to solve real-world problems" said Jean.
With new resources and a new strategic objective, the company is positioned for growth. "After an extensive search, including valuable assistance from OnBoardNC, with the skills and experience brought to us by these two stellar executives, we feel confident about our future. When starting the process of recruiting for talent to help us meet our strategic growth objectives, we set our goals high, and we exceeded them" said Michael Zapata III, executive chairman of Protochips. OnBoardNC.ORG is a non-profit focused on shrinking the boardroom gender gap.
Protochips empowers scientists, engineers, and researchers to discover and analyze new phenomena by visualizing biological, chemical, and physical processes in completely new ways. Based on machine vison technology and metadata analysis tools, our products offer an unparalleled view into sample behavior by combining in situ experiment control with the analysis and resolution capabilities of the modern electron microscope. Through continual innovation, we create solutions that improve productivity and generate actionable data to accelerate discovery.
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SOURCE Protochips, Inc. | https://www.wibw.com/prnewswire/2022/06/28/sallie-shuping-russell-jean-davis-are-joining-protochips-board-directors/ | 2022-06-28T12:57:03Z |
Baby formula arrives in Indianapolis from Germany on US military aircraft to address critical need
By Polo Sandoval and Samantha Beech, CNN
A shipment of 35 tons of baby formula has arrived Sunday in Indianapolis on a US military aircraft from Germany to address a nationwide shortage.
The prescription formula will be distributed to areas around the country where there is the most acute need, a Biden administration official earlier told CNN.
The shipment included 132 pallets of formula, which arrived on one C-17 cargo plane. The formula originated from Zurich, Switzerland, and was trucked to Germany, where it was loaded on the C-17 and flown to the US.
Agriculture Secretary Tom Vilsack, who greeted the arrival of the delivery in Indianapolis, said Sunday’s shipment would provide enough formula for 9,000 babies and 18,000 toddlers for one week.
“It is a large shipment of very specific and specialized formula. Formula for moms and dads who have children who have allergies where the regular formula just simply will not work,” the secretary said at a news conference in Indianapolis shortly after the shipment landed.
The Biden administration official told CNN earlier that the product contained in the first shipment will be distributed to hospitals, doctors, home health care facilities and pharmacies in regions “where the needs are most acute.”
The official said that none of the first shipment would land on store shelves in the US, adding that the formula being shipped Sunday is hypoallergenic and will be fed to babies intolerant of protein in cow milk.
The aircraft transported pallets of Nestlé Health Science formula — including Alfamino Infant and Alfamino Junior. At the site of the arrival in Indianapolis on Sunday, a Nestlé spokesperson said, “Some cases are ready for distribution in the next couple of days. Others will be released into the supply chain after standard quality testing is completed.”
Frustration for American families
The shipment comes as the shortage of baby formula has caused major disruptions and frustration for some desperate American families. Already, some families have begun rationing their supply of formula, while others have turned to hospitals when they can’t find the kind they need.
And in a clear sign of the deep effects of the crisis, a doctor at Le Bonheur Children’s Hospital in Memphis, Tennessee, said last week that he admitted two young patients — a toddler and a preschooler — because the specialty formula they need is out of stock and they haven’t been able to tolerate any replacements.
Clinical dietitians at Medical University of South Carolina Shawn Jenkins Children’s Hospital in Charleston have reported that at least four babies were recently hospitalized for complications related to the ongoing formula shortage, according to a spokesperson for MUSC.
The spokesperson said three of the four babies were hospitalized due to intolerance of formula that parents had to try because of shortages, while one was sickened by mineral imbalances from caregivers mixing their own formula.
On Sunday, New York City Mayor Eric Adams declared a state of emergency over the nationwide shortage of the supply of infant formula.
A statement from his office said the move would “empower the New York City Department of Consumer and Worker Protection (DCWP) to prevent price gouging for formula.”
The baby formula shortage has thrown the White House into crisis mode and opened yet another political wound going into an already challenging midterm election season, frustrating the West Wing and the rest of the administration as they struggle with how little control they have over a situation that is centered at the US Food and Drug Administration, an independent agency that the White House neither controls nor gets direct reports from.
Officials have faced criticism that the FDA moved too slowly to address warning signs. At the same time, they have been attempting to learn whether formula companies are actually short on ingredients, while also trying to tackle potential price gouging.
Vilsack said in Indianapolis on Sunday that the federal government is working with suppliers of baby formula in the US to increase production and address the nationwide shortage.
He said the government is working to help get the Abbott facility in Michigan up and running, through the aid of the Defense Production Act. The baby formula manufacturer Abbott Nutrition is the company at the heart of a nationwide formula recall.
The agriculture secretary also said an agreement with the FDA would allow the Abbott facility and others to “jump ahead of line for the necessary supplies that are necessary and required in order to produce the formula.”
More flights expected
Earlier Sunday, President Joe Biden touted the first flight from his administration’s baby formula airlift operation on Twitter.
“Folks, I’m excited to tell you that the first flight from Operation Fly Formula is loaded up with more than 70,000 pounds of infant formula and about to land in Indiana. Our team is working around the clock to get safe formula to everyone who needs it,” Biden said on Twitter.
National Economic Council director Brian Deese told CNN’s Dana Bash on “State of the Union” on Sunday that as part of the airlift operation, more flights with baby formula “will be coming in early this week.”
“We’re going to keep ramping that up until we get there,” Deese said.
Pressed by Bash on how the US ended up in a position in which baby formula has to be airlifted into the country, Deese in part blamed market consolidation.
“It goes back to this question of how we can bring more competition in our economy, have more providers have this formula so that no individual company has this much control over supply chains,” he said.
The Biden administration official told CNN earlier that the product was coming from a factory that has already gone through US FDA approval — meaning US inspectors would only need to conduct “spot checks” Sunday after the product lands. Those checks include ensuring that the product was not damaged in transit and has appropriate labeling. An FDA inspector was onsite to conduct the spot check. Separately, Nestlé is also going to conduct its own quality check at its local distribution site.
“This shipment is essentially going to get off this cargo plane, then the Federal Express folks are going to take it from there, they are going to deliver it to a distribution center that the Nestlé Gerber folks have here in Indiana, and then it’s going to go on trucks and it’s going to be delivered in hospitals and home health care clinics across the country, providing support and help,” Vilsack said Sunday.
Additionally, the Biden administration is engaged in conversations with makers of other European baby formula to approve and obtain excess supplies for US distribution, the administration official told CNN.
Indianapolis was chosen as the arrival site for the formula because the Nestlé distribution site is located there. The official added that the administration is plugging into the existing distribution chain.
“We’re turning a two-week process into 72 hours,” the official said.
This story and headline have been updated.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Sam Fossum, Kaitlan Collins, Brenda Goodman, Nadia Kounang and Jen Christensen contributed to this report. | https://localnews8.com/politics/cnn-us-politics/2022/05/22/baby-formula-arriving-on-us-military-aircraft-will-be-distributed-to-areas-of-most-acute-need-biden-administration-official-says/ | 2022-05-22T18:16:26Z |
UPDATE: Cambridge residents in pre-evacuation status due to fire
Also, Bartley and Indianola
NORTH PLATTE, Neb. (KNOP) - Multiple brush fires have ignited in southwest Nebraska Friday.
Wilsonville Fire and Rescue said that Wilsonville and Cambridge are on non-mandatory evacuation. Shortly after 6:30 p.m., Cambridge residents were recommended by the Furnas County Sheriff’s Office to evacuate. Cambridge has a population of 1,143.
By 8:00 p.m., the villages of Bartley and Indianola are also recommended to be evacuated. Note to all, the Southwest Elementary School is not open for shelter.
The Furnace County Sheriff’s Office said Arapahoe Public School will be open for shelter. Officials said to use door seven, which is on the northwest corner.
The Holbrook Community building is also open for shelter.
According to NSP Troop D, individuals are welcome to locate to McCook at the McCook CIty Auditorium, E-Free Church, McCook Christain Church and McCook Senior High School.
According to the Holbrook Fire Department, one volunteer firefighter was injured and was taken to the hospital. Roads all around the Cambridge area and south are closed.
Tiffany Hock with the Holbrook Fire Department is urging people to stay out of the area. That message is echoed by the Nebraska State Patrol.
“If you’re not a first responder, stay out of fire areas,” the Nebraska State Patrol Troop D tweeted. “If you’re traveling, be sure your headlights are on and be alert to rapid changing driving conditions.
Benkelman has lifted its evacuation.
According to the Nebraska Department of Transportation, the following roads are closed.
- NE 89: Road closed. Between US 83 (9 miles west of Danbury) and NE 47 (3 miles west of Wilsonville). The road is closed due to a grass fire.
- US 6 in both directions: Road closed. Between 5th Street (Arapahoe) and A Road (10 miles west of Atlanta). The road is closed due to reduced visibility.
- US 283 in both directions: Road closed. Between Road 423 (12 miles south of Arapahoe) and Bellamy Street (Elwood). The road is closed due to reduced visibility.
- Eastbound Highway 6/34: Eastbound traffic on Highway 6/34 has been closed between Bartley and Cambridge
Wildland Incident Response and Assistance Team was called in to the Wilsonville/Cambridge area fire at around 6 p.m.
Copyright 2022 KNOP. All rights reserved. | https://www.wibw.com/2022/04/22/update-cambridge-residents-pre-evacuation-status-due-fire/ | 2022-04-23T03:10:17Z |
PITTSBURGH, Sept. 13, 2022 /PRNewswire/ -- "I invented the EDGEZZ because I wanted to grow my hair line after having hair loss due to using wigs and weaves for an extended period of time" said the inventor from Richmond TX "This new product is a specially designed kit that would create the look of natural hair, without causing damage to the user natural hair."
The appealing features of the patent-pending EDGEZZ would be its timesaving, energy-saving, practical, convenient, durable,and easy to use. The shape and size of the invention would effectively conform to the user's head shape for a more natural looking appearance. This innovative product would be safer on natural hair and would prevent hair loss or damage hair. Invention could be produced in various colors, sizes, designs, and shapes for both males and females.
The original design was submitted to the Houston, TX sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-HOF-212, 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/2022/09/13/inventhelp-inventor-develops-easy-hair-extensions-hof-212/ | 2022-09-13T16:09:39Z |
WASHINGTON, June 3, 2022 /PRNewswire/ -- The Concord Coalition said today that this year's reports from the Social Security and Medicare trustees sound a blaring alarm that legislative actions must be taken soon to avoid sudden substantial benefit cuts by 2035 for Social Security and by 2028 for Medicare Part A.
"Social Security and Medicare are enormously important programs for millions of American families who rely on them to be there for current or future retirement income, disability benefits, and healthcare needs. It is stunning and deeply irresponsible that year after year lawmakers of both parties routinely ignore the trustees' warnings that neither program is on solid financial ground," said Robert L. Bixby, Concord's executive director. Any 'political leader' worthy of that title, including those out on the 2022 campaign trail, should make it a priority to find solutions that are both fiscally and generationally responsible," Bixby said.
As detailed in the reports, both programs contribute to steadily rising budget deficits while at the same time neither program can pay the full amount of promised benefits under current law. Ignoring the warnings in these reports will leave the public unprepared for changes that must inevitably be made to make these vital programs sustainable.
Bixby added: "The trustees' warnings seem all the more alarming because the country is not in a position of current or projected fiscal strength. Delaying reforms would simply exaggerate generational inequities."
To illustrate the magnitude of the challenge, the trustees estimate that one of three things must happen to keep the retirement program solvent over the next 75 years: (1) dedicated revenues would have to increase by an amount equal to an immediate and permanent payroll tax increase of 3.24 percentage points -- from 12.4 percent to 15.64 percent, an immediate 26 percent increase; (2) scheduled benefits would have to be reduced, for all current and future beneficiaries, by an amount equivalent to an immediate and permanent reduction of 20.3 percent, or (3) a combination of the two.
Delaying action until 2035, when the combined Social Security trust funds are projected to become insolvent, would increase the necessary payroll tax to 16.47 percent; require a 24.9 percent benefit cut, or some combination of the two.
It is also important to remember that Social Security and Medicare do not "pay for themselves."
The trustees' reports confirm that Social Security and Medicare Part A (Hospital Insurance) will experience growing cash deficits in the future as they pay out more than they receive from their dedicated resources.
General federal revenues also support Medicare Part B, which provides various medical services, and Part D, which helps pay for prescription drugs. By design, the premiums that older Americans pay for these parts of Medicare only cover about 25 percent of their costs.
According to supplemental data provided with the trustees' report, the general revenue transfers to Social Security and Medicare totaled $554 billion in 2021 or 2.4 percent of GDP. This consisted of $126 billion for Social Security and $428 billion for Medicare. If full benefits were maintained in both programs, by 2064 these transfers would double to 4.8 percent of GDP.
The Concord Coalition also noted that for the seventh year in a row, the public trustee positions have been left vacant. This is a very serious omission.
The public trustees play a vital role in ensuring objective oversight of Social Security and Medicare finances. The two public trustees are the only trustees who are not members of the president's administration, and by law one must be a member of the opposing party. Concord urges the president and Congress to agree on two credible candidates to fill these crucial positions in time for them to have a meaningful role in preparing the 2023 report.
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SOURCE The Concord Coalition | https://www.mysuncoast.com/prnewswire/2022/06/03/latest-social-security-medicare-trustees-reports-show-we-are-creeping-toward-cliff/ | 2022-06-03T19:11:41Z |
SINGAPORE, Aug. 24, 2022 /PRNewswire/ -- XT.com, the world's first social infused digital assets trading platform, is honored to announce its soon-to-be-listed cryptocurrency, Universe World (WUT), which intends to bring users a new experience with the token.
The token will be listed on the platform as WUT and Tether (USDT) trading pair on August 24, 2022, at 07:00 (UTC). To participate in trading WUT/USDT, traders are encouraged to start depositing their crypto assets on August 23, 2022, at 07:00 (UTC) ahead of the listing.
Universe World (WUT) is an endogenous and governance currency used by Rabbit Rangers, a shooting defensive Play-to-Earn (P2E) game with extreme traction in the Web3 space. Powered by NFTs and blockchain, the game is on a new level, igniting gamers' GameFi interests.
Unlike other blockchain games that only focus on incentivizing players, Rabbit Rangers is a free-to-play game with an exciting rewards scheme for everyone. Coupled with its mission to elevate users' GameFi experience, Rabbit Rangers believes that its P2E mechanic is not only about playing games to make money, but it aims to also create a self-sustaining ecosystem to benefit its community and anyone who plays the game.
While enjoying a flat fee in trading WUT/USDT, XT.com pledges to make withdrawal available to traders on August 25, 2022, at 07:00 (UTC).
About Rabbit Rangers (Universe World (WUT))
Rabbit Rangers is a Web3 3D Play-to-Earn (P2E) gamification platform with a 3D virtual environment and social interactions combined with shooting defense mechanics, powered by blockchain and NFTs. Gamers get exciting rewards by fighting moles and collecting in-game items.
The game's native is Universe World (WUT) for rewarding gamers. Dedicated to rewarding players and helping them interact with each other, the game is revolutionizing the Rabbit game world.
Users of the game have to go through eight stages each in a jungle, ice age, and volcanic places to kill moles with their in-house attacking team of laser, fire, and ice within the 3D virtual world on the platform.
Website: http://wbus.io/
Twitter: https://twitter.com/RabbitRangers
About XT.com
By consistently expanding its ecosystem, XT.com is dedicated to providing users with the most secure, trusted, and hassle-free digital asset trading services. Our exchange is built from a desire to give everyone access to digital assets regardless of where you are.
Founded in 2018, XT.com now serves more than 4.5 million registered users, over 500,000+ monthly active users, and 30+ million users in the ecosystem. Covering a rich variety of trading categories together with an NFT aggregated marketplace, our platform strives to cater to its large user base by providing a secure, trusted, and intuitive trading experience.
As the world's first social-infused digital assets trading platform, XT.com also supports social networking platform based transactions to make our crypto services more accessible to users all over the world. Furthermore, to ensure optimal data integrity and security, we see user security as our top priority at XT.com.
Website: https://www.xt.com/
Telegram: https://t.me/XTsupport_EN
Twitter: https://twitter.com/XTexchange
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SOURCE XT.com | https://www.kxii.com/prnewswire/2022/08/24/universe-world-wut-gets-listed-xtcom-with-usdt-trading-pair/ | 2022-08-24T07:58:18Z |
US officials warn of new hacking tools that could be used to target energy facilities
By Sean Lyngaas, CNN
US officials warned Wednesday that unnamed hackers have developed tools designed to “gain full system access” to the sensitive computer systems used to operate energy facilities.
The tools could help a hacker burrow into an industrial computer network and “disrupt critical devices or functions,” said the Department of Energy, the FBI, the National Security Agency and the Cybersecurity and Infrastructure Security Agency in an advisory.
There are no reports of the malicious code being used in cyberattacks. But US officials and cybersecurity experts urged organizations to harden their defenses because the malicious software could be used to disrupt critical infrastructure if successfully deployed.
The hacking tools could permit “lower-skilled cyber actors to emulate higher-skilled actor capabilities,” the US agencies said.
The agencies did not identify who was responsible for developing the hacking tools or in what country they had been developed. CNN has requested comment from the agencies.
Two US cybersecurity firms that analyzed the hacking tools, Dragos and Mandiant, said the malicious software was likely state-sponsored. Mandiant analysts called it “an exceptionally rare and dangerous cyber attack capability.”
“We are unable to associate (the hacking tools) with any previously tracked group at this stage of our analysis, but we note the activity is consistent with Russia’s historical interest” in industrial control systems, Mandiant analysts said. The tools pose “the greatest threat to Ukraine, NATO member states, and other states actively responding to Russia’s invasion of Ukraine,” the analysts added.
For years, multiple state-linked hacking groups, including some tied to Russia, China and Iran, have taken an interest in infiltrating industrial computer networks. Doing so generally takes specialized knowledge and skill that is different from hacking a business computer network.
For their part, US and Israeli hackers were reportedly behind the 2009 cyber operation against an Iranian facility for nuclear energy.
Ukrainian authorities on Tuesday accused a hacking group linked with Russian military intelligence of trying to sabotage an electric utility that served about 2 million people in Ukraine. Ukrainian officials said the attack had been thwarted and had not affected the provision of electricity at the utility.
The Justice Department has blamed the same Russian hacking group for causing power outages in Ukraine in 2015 and 2016. Those cyberattacks are the only two hacks on record that have successfully caused power outages, according to analysts.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/13/us-officials-warn-of-new-hacking-tools-that-could-be-used-to-target-energy-facilities/ | 2022-04-13T22:53:31Z |
Animals Make the Best Friends!
MAZATLÁN, Mexico, Sept. 6, 2022 /PRNewswire/ -- Mexican-based indie game developer and publisher EnsenaSoft is proud to announce the worldwide release of ISLA SINALOA, a relaxing open-ended social simulation game set on an island retreat inhabited by fun and engaging animal characters in a peaceful universe full of fun activities. Over two years in the making, ISLA SINALOA is available as a FREE-TO-PLAY download on iOS®, Android™, and the Windows® Store.
Launch Trailer: https://www.youtube.com/watch?v=XEnusZsAGNQ
ISLA SINALOA features a large cast of colorful, friendly neighbors and animal characters. Your character is fully customizable, and 100s of options are available from the clothing store. You can tailor the look, features, and body expressions as desired, and when you are ready, exciting adventures and exploration await.
ISLA SINALOA challenges you to complete a series of fun and rewarding tasks. In return, you are given fascinating attractions to place, such as the Zoo, the Museum, and the Botanical Garden, collectively featuring more than 500 items to collect and learn from. Donate the fish you catch to the Zoo and watch them swim in the aquarium. Visit a remote island by talking to Dolly Dolphin, who, in exchange for a ticket, will grant you access to unique locations with mines to scavenge, pyramids with underground temples to explore, and even volcanic caves with rare gems and gold to mine. Items you collect can be donated to the exhibits or sold for profit in the games store, from where you can buy and sell 100s of items over time. The Museum has a rather large collection of fun and unique artifacts that you need to collect. They provide entertaining stories and historical nuggets guaranteed to make you smile. A large painting room with world-famous artists eventually opens, but it is your task to populate it by digging up treasure on remote islands, treasures that you trade for artistic loot with the local pirate! When you need a break, you can visit the Botanical Garden and smell the beautiful and colorful flowers you have collected during your adventures.
ISLA SINALOA would not be complete without a farm from where you can plant crops and manage the garden. Harvest your crops for assigned tasks or resell your items and take care of the cows and chickens. No retreat is complete without great food and entertainment! Visit the restaurant and purchase the ingredients needed for tasty recipes. The disco sells delicious ice cream and has a dancing floor with different genres of music hosted by the fabulous Alex DJ. You can even go on a Hot Air Balloon ride and visit other players' islands, and when fatigue sets in, call Byron Bat for a ride home to take a well-deserved siesta.
ISLA SINALOA is a paradise for casual gamers with more than 15+ mini-games to try out: How about a solitaire game? Or mahjong with Piao Panda? Why not build your very own arcade cabinet and try it out? You can cook and serve food by running a food truck owned by Nacho Dog! When you are not playing, you can build upon and expand your house by decorating each room with interesting wall decor, rugs, and unique furniture you craft or purchase when available.
ISLA SINALOA celebrates your birthday, and the islanders will host you a party. 10 major international holidays like Christmas, Halloween and Cinco de Mayo are given special treatment in the game as buildings and houses are decorated according to season.
KEY FEATURES
- 15+ mini-games, including a food truck that you get to run
- Over 30+ animal characters to get to know and become friends with
- Over 500+ items to collect and donate for island building exhibits
- Beautiful and vibrant zoo, museum, and botanical gardens
- Customize your character with 100s of outfit and character combinations
- 100s of craft-able items to decorate your island and home
- Many holidays are celebrated on your island
- You can share your island with your friends
- Full of love and little surprises!
ISLA SINALOA supports English and Spanish with French, German, Italian and Portuguese translations in the works. There is even an excellent merchandise shop on ZAZZLE offering fantastic items featuring the characters expressing their personalities.
Isla Sinaloa is available from here:
Journalists interested in further information or additional assets may contact indie PR specialist Hans Olsen by sending an email to hans@hansfrederikolsen.dk. Members of the press are encouraged to check out the following Hotlinks for recent news and updates.
About EnsenaSoft
EnsenaSoft is an award-winning game developer and publisher founded in Mazatlán, Sinaloa, Mexico in 2009, and consists of a talented group of designers, artists, programmers (and musicians from around the world) all committed to creating high-quality digital games content across all major gaming platforms and technologies. With a portfolio spanning hundreds of released titles, it is our continued promise to produce entertaining digital games to audiences of all ages and gaming preferences.
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SOURCE EnsenaSoft | https://www.mysuncoast.com/prnewswire/2022/09/06/live-harmony-with-nature-adventure-relaxation-await-you-tropical-island-paradise-isla-sinaloa/ | 2022-09-06T13:04:19Z |
AP-NORC poll: 2 in 3 in US favor term limits for justices
WASHINGTON (AP) — About 2 in 3 Americans say they favor term limits or a mandatory retirement age for Supreme Court justices, according to a new poll that finds a sharp increase in the percentage of Americans saying they have “hardly any” confidence in the court.
The poll from The Associated Press-NORC Center for Public Affairs Research finds 67% of Americans support a proposal to set a specific number of years that justices serve instead of life terms, including 82% of Democrats and 57% of Republicans. Views are similar about a requirement that justices retire by a specific age.
The poll was conducted just weeks after the high court issued high-profile rulings including stripping away women’s constitutional protections for abortion and expanding gun rights. The poll also shows more Americans disapprove than approve of the court’s abortion decision, with just over half saying the decision made them “angry” or “sad.”
The court, which is now taking a summer break, will return to hearing cases in October with diminished confidence among Americans. Now 43% say they have hardly any confidence in the court, up from 27% three months ago.
Inez Parker of Currie, North Carolina, said she’s among those who strongly favor limits on justices’ service. “I think some of those people have been up there too long. They don’t have new ideas. When you get a certain age and everything you get set in your ways just like I’m set in my ways,” said the 84-year-old Democrat.
Parker said retired justices can “work in their garden, sit on the porch and fan flies or whatever they want to do.”
The Constitution gives federal judges including Supreme Court justices life tenure, but there have been recent calls for change. A commission tasked by President Joe Biden with examining potential changes to the Supreme Court studied term limits among other issues. The commission finished its work last year and its members were ultimately divided over whether they believed Congress has the power to pass a law creating the equivalent of term limits.
Phil Boller, 90, of LaFollette, Tennessee, said he’s not totally opposed to setting a limit on years of service for justices. The Republican who worked in broadcasting and later owned his own lawn care business said that “basically it’s worked the way it’s been going and I see see no reason to change that.”
The oldest member of the current court is Justice Clarence Thomas, 74, followed by Justice Samuel Alito, 72. But recent justices have served into their 80s. Justice Ruth Bader Ginsburg served until her death in 2020 at age 87. Justice Anthony Kennedy retired in 2018 at 81. And Justice Stephen Breyer just retired at age 83.
Ginsburg served for 27 years, Kennedy 30 years and Breyer nearly 28 years.
Four new members have joined the court in the last five years, bringing down the average age of the court’s members. Three justices are in their 60s: Chief Justice John Roberts, 67, and Justices Sonia Sotomayor, 68, and Elena Kagan, 62. The remaining justices are in their 50s. Neil Gorsuch is 54, Brett Kavanaugh 57, Amy Coney Barrett 50 and Ketanji Brown Jackson 51.
Another proposal Biden’s committee studied was increasing the number of justices on the court, and the poll shows that proposal evenly dividing Americans. Overall, 34% say they’re in favor, while 34% are opposed and 32% say they hold neither opinion. Democrats are more in favor than opposed, 52% to 14%, while Republicans are more opposed than in favor, 61% to 14%.
The poll also found increased dissatisfaction with the court since three months ago, before the court overturned the 1973 Roe v. Wade decision guaranteeing a right to abortion.
In the April poll, conducted before a draft of the court’s decision was leaked, 18% said they had a great deal of confidence, 54% said they had only some and 27% said they had hardly any. Now, 17% say they have a great deal of confidence, 39% only some and 43% hardly any.
Patrick Allen, a Democrat from Logan, Utah, is one of those with hardly any confidence in the court. Allen, 33, said he feels as though justices generally vote on issues based on the party of the president that appointed them. “They’re sticking more to their guns along the lines of their party instead of the Constitution,” he said.
The poll shows the drop in confidence is concentrated among Democrats, adding to evidence that the court’s decision on abortion worsened and polarized already tenuous opinions of the court. A large partisan gap in views of the court that did not exist before the decision emerged; 64% of Democrats say they have hardly any confidence, up from 27% in April. Another 31% have only some and just 4% have a great deal of confidence — down from 17%.
Among Republicans, however, views of the court have improved. Now, 34% say they have a great deal of confidence, up from 21% in the earlier poll. An additional 47% have only some confidence and 18% hardly any.
Overall, more Americans disapprove than approve of the decision to overturn Roe, 53% to 30%; an additional 16% say they hold neither opinion. On that decision, too, there’s a large divide along party lines — 63% of Republicans approve, while 80% of Democrats disapprove.
___
The poll of 1,085 adults was conducted July 14-17 using a sample drawn from NORC’s probability-based AmeriSpeak Panel, which is designed to be representative of the U.S. population. The margin of sampling error for all respondents is plus or minus 3.9 percentage points.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/25/ap-norc-poll-2-3-us-favor-term-limits-justices/ | 2022-07-25T11:19:12Z |
Ken Barrett joins as Chief Business Officer and Scott Fabro as Senior Vice President of Food Ingredients
SEATTLE, April 13, 2022 /PRNewswire/ -- Arzeda, the industry-leading Protein Design Company™, today announced the expansion of its commercial team with the appointments of Ken Barrett as Chief Business Officer and Scott Fabro as Senior Vice President of Food Ingredients. The addition of Barrett and Fabro advances the company's growth and commercialization strategy of its portfolio of enzymes within the consumer personal care and home products and food industries.
"We're thrilled to have both Ken and Scott join the Arzeda team. Their combined experience in the commercialization of enzymes and specialty ingredients will enable our transition towards product revenue generation, realized in partnership with leading CPG companies," said Alexandre Zanghellini, Ph.D., CEO of Arzeda.
With its world-leading digital biology techniques, Arzeda harnesses the power of computer-designed enzymes and applies the latest advances in digital biology to discover and design new enzymes. This technology platform solves wider consumer, industrial and environmental challenges across multiple sectors. Most recently, Arzeda closed a $33M Series B round of funding aimed at advancing its product portfolio development and accelerating the commercialization of key enzymes in its portfolio.
Prior to joining Arzeda, Barrett served as Head of Third-Party Business Management and Partnerships at BASF Enzymes, a subsidiary of BASF Corporation focused on the development of sustainable solutions for industrial enzyme markets. In this position, Barrett led the management of external partnerships in the animal nutrition space. Before that, Barrett was Head of New Business Development at BASF Enzymes, a position he assumed after BASF acquired Verenium Corporation, where Barrett served as Vice President of New Business Development. Barrett brings 16 years of experience in partnership development and commercialization of enzymes to his new role as Chief Business Officer at Arzeda. Prior to entering the sector, he co-founded and was Managing Director of Trident Partners, LLC, a private equity and management firm focused on small and medium sized businesses. He has also held positions at Bain & Company and at Mitsubishi Motors Corporation in Japan.
Fabro has three decades of experience working in commercial strategy and operations for specialty ingredients. Most recently, Fabro served as the Vice President of Business Development at biotechnology ingredient company, Geltor, Inc. There, Fabro led commercial execution of bioactive ingredients into the food, beauty and personal care industries. Fabro, who has extensive experience with Rebaudiosides – a key component of sugar replacements, also spent eight years at Cargill, serving as Global Business Director for High Intensity Sweeteners. During his time at Cargill, Fabro also served as Global Product Director for two other functional ingredient businesses and represented the company as a board member of the International Stevia Council. In addition, Fabro spent three years with Evolva Group, SA, where he was Chief Operations Officer and before that, Chief Commercial Officer. He has also held a number of other senior level positions with companies in the global ingredient space including Sweet Harvest Foods and Kerry Inc., among others.
Arzeda harnesses the power of computation to create and manufacture proteins that enhance our lives and protect our planet. In partnership with Fortune 500 companies and industrial leaders, we develop healthy and sustainable products for the food & nutrition, advanced materials, and diagnostics & pharma industries globally. Arzeda's proprietary protein design platform combines physics-based computational protein design, machine learning, and lab automation to expand the reach of biotechnology beyond the solutions that nature evolved. For more information, please visit www.arzeda.com.
Media contact:
Atalanta Rafferty, RF|Binder
Atalanta.rafferty@rfbinder.com
212-994-7511
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SOURCE Arzeda | https://www.kxii.com/prnewswire/2022/04/13/industry-leading-protein-design-company-arzeda-expands-leadership-team-with-addition-ken-barrett-scott-fabro/ | 2022-04-13T15:32:35Z |
IQAX is proud to announce its inclusion in CIOoutlook's top 10 digital twin solution providers 2022 in the region.
HONG KONG, July 14, 2022 /PRNewswire/ -- IQAX Limited, a leading innovator of digital solutions for the logistics industry, has been recognised as one of the top 10 digital twin solutions providers in the Asia Pacific region by CIOoutlook magazine.
"IQAX is honoured to be included in CIOoutlook magazine's exclusive list of the best forward thinking solutions. The list recognises the power and potential of digital twin solutions in general and IQAX solutions in particular," said IQAX CEO Romney Wong.
Digital twin solutions generate significant benefits for the shipping and logistics industry and are poised to play an important role within the most innovative digital solutions.
IQAX relies on the power of a digital twin for its ground breaking and industry leading IQAX TrackIt solution, a real-time ocean shipment visibility platform for shippers and non-vessel operating common carriers (NVOs) to visualize and gain unparalleled insights about their shipments in transit.
IQAX TrackIt uses a digital twin, artificial intelligence (AI) and machine learning to sift through multiple sources of data and give shippers and NVOs alike greater awareness about the status and movement of their shipments.
The predictive and learning modelling of digital twin enhances shipment data completeness to facilitate a more accurate prediction on future scenario. IQAX TrackIt is a game changer that is overcoming hurdles in an industry that regularly faces last minute changes, thereby providing its users with the agility to react in a timely fashion. IQAX TrackIt provides both real time shipment status and predictive alerts so the logistics team can best respond to any situation quickly and efficiently.
"IQAX uses a digital twin to connect physical and digital world, harmonizing the data by using predictive analytics throughout the entire supply chain, providing the best quality view into the past, present and future. This facilitates ongoing innovation and digitization initiatives such as real time supply chain network optimization or in-transit inventory optimization and makes it possible to overcome hurdles created by the availability or quality of data from their partners," Wong told CIOoutlook.
"Each potentially delayed shipment, if tracked, can mean avoiding tens of thousands of dollars in detention and demurrage charges, chargebacks, lost sales, or factory waiting times. Integrating the highly interactive maps and dashboards beyond the logistics teams to sales, purchasing, and support can further improve communications and elevate customer service."
IQAX is proudly recognised in the CIOoutlook Digital Twin annual edition 2022, a digital and print magazine that provides a platform for CIOs, CTOs and senior level IT decision makers to share their experience and advice. The magazine is published out of Silicon Valley, U.S., and has a presence in all major Asia Pacific countries.
For more information about IQAX TrackIt visit our website at https://www.iqax.com/en/solutions/shipment-tracking/
ABOUT IQAX
IQAX is a global information technology company that provides intelligent digital transformation solutions using blockchain for enterprises in the logistics ecosystem. Backed by a strong heritage in container shipping, IQAX strives to foster a harmonized and connected global trade environment. As an industry leader, IQAX connects with shippers, freight forwarders, carriers, terminals and financial institutions and empowers them with digitized solutions to meet emerging business challenges throughout the supply chain.
IQAX is an independent technology company wholly owned by Orient Overseas (International) Ltd. (HKEX:0316), one of the largest integrated international transport and logistics companies in the world.
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SOURCE IQAX Limited | https://www.kxii.com/prnewswire/2022/07/14/iqax-named-among-top-10-digital-twin-solution-providers-apac/ | 2022-07-14T08:47:57Z |
TEL AVIV, Israel (AP) — An Israeli court on Sunday sentenced six Palestinian inmates to five years in prison for tunneling out of their cell last year and escaping from a high-security facility in the biggest prison break of its kind in decades.
The jailbreak sparked a massive manhunt in the country’s north and the occupied West Bank in search for the men, who were members of Palestinian militant groups. They were recaptured days later.
The bold escape dominated newscasts, sparked heavy criticism of Israel’s prison service and prompted the government to launch an inquiry. According to various reports, the men dug a tunnel through the floor of their shared cell undetected over several months and managed to slip past a sleeping prison guard after emerging through a hole outside the facility.
The judge ruled that the sentence took into account the fact that the prison break paralyzed the nation for days, the costs it took to recapture the inmates and the harm to public security caused by having prisoners under life sentence and convicted of serious crimes escape.
The five-year sentence will be added to the prison terms the prisoners were already serving. Five other inmates charged with assisting the men were sentenced to an additional four years.
Israel considers all six of the escapees to be terrorists. Five of them are from the Islamic Jihad militant group, with four of them serving life sentences. The sixth, Zakaria Zubeidi, is a member of the secular Fatah group of Palestinian President Mahmoud Abbas. Zubeidi was a militant leader during the second Palestinian uprising in the early 2000s and well known in Israel both for his militant activity and his love for giving media interviews.
Palestinians consider prisoners held by Israel to be heroes of their national cause and many on social media celebrated the escape and held demonstrations in support of the prisoners. | https://cw33.com/news/international/ap-international/israeli-court-sentences-palestinian-jailbreakers-to-5-years/ | 2022-05-22T13:20:50Z |
Climate Neutral Certified brand offers discount on bed frames, with 1% of all revenues going directly to Re:wild's conservation efforts.
LOS ANGELES, April 8, 2022 /PRNewswire/ -- In celebration of Earth Month, Avocado, makers of organic and eco-luxury sleep products, announced its new nonprofit partner. Through its commitment to 1% For the Planet, Avocado will donate 1% of all revenues throughout the year to the conservation organization Re:wild.
"Our urgent biodiversity and climate crises are inherently connected," says Avocado Co-Founder and Chief Marketing Officer Mark Abrials. "We're proud to direct support to Re:wild and make progress on the preservation of this very special planet of ours."
To kick off the partnership, Avocado launched an Earth Month Sale. Using the code APRIL22 on AvocadoMattress.com, shoppers will receive two free GOTS certified organic pillows of their choice with a mattress purchase. Shoppers can also save $100 on adjustable bed frames and the solid wood bed frames Avocado crafts in their own Los Angeles woodshop.
Throughout the sale and beyond, Avocado will donate 1% of total revenues directly to Re:wild, a nonprofit that believes protecting and restoring the wild is the most effective solution to the interconnected climate, biodiversity, and pandemic crises. Re:wild collaborates with local leaders to protect and restore vital habitats to the planet's most critical species. Nearly 70 percent of people don't know what biodiversity is, or why it matters. Throughout the month, Avocado will also educate its community on the importance of species loss and climate change.
"Avocado Green Brands and Re:wild share a vision of a future where the wild can reset," says Robin Moore, Vice President of Communications and Marketing at Re:wild. "We are grateful to Avocado Green Mattress — a Certified B Corporation and 1% For the Planet Pinnacle Award Winner — for supporting Re:wild's impact and rewilding the world with us."
From the beginning, Avocado just wanted a new kind of mattress. One that was greener — better for people and the planet — affordable, and comfortable. It was a simple idea rooted in a much bigger vision. Five years later, Avocado continues to expand — from bedding, to furniture, to bath, and to new brands: Reed + Gwen's clean beauty, Hass's responsible fashion, and Brentwood Home's affordable mattresses and yoga essentials. As the company grows, Avocado continues to redefine what it means to be a sustainable, ethical brand. The company is a Certified B Corporation, a Climate Neutral® Certified business, and a member of 1% For the Planet, remaining true to its original purpose: to be one of the most sustainable companies on Earth. Learn more at AvocadoGreenMattress.com.
If you would like more information, please contact Jessica Hann at jessica@avocadomattress.com.
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SOURCE Avocado Green Mattress | https://www.kxii.com/prnewswire/2022/04/08/avocado-celebrates-earth-month-with-rewild-big-savings/ | 2022-04-08T14:37:48Z |
BEIJING, July 27, 2022 /PRNewswire/ -- "The Dulong ethnic group has been lifted out of poverty!"
At the end of 2018, the thrilling news spread across China via various media reports. It was not only a historic milestone for the isolated ethnic group of the Dulong, but also a reflection of the outcome of China's poverty eradication work under the leadership of the CPC.
The Dulong people, who had been mysterious to many along with their ancient face-tattoo custom, are one of the ethnic minorities that directly transitioned from an antiquated society to a socialist society in the early days of the founding of the New China in 1949.
Located in Southwest China's Yunnan Province bordering Myanmar, Dulongjiang township is the Dulong ethnic minority's ancestral home. It is a group that had long endured extreme poverty and was isolated from the outside world.
Since the start of the poverty alleviation battle, thanks to the firm leadership of the CPC, with the unremitting efforts of the Dulong cadres and masses, the Dulong people have shaken off poverty as a whole.
Only those who have experienced the process would understand the true hardship and value of this victory.
Kong Yucai is one of them. "People here have benefited from improved infrastructure and connectivity to eliminate poverty," Kong, now head of Dulongjiang township of Gongshan county in Yunnan's Nujiang Lisu Autonomous Prefecture, told the Global Times.
A 'miracle' for the Dulong
Kong, now 42 and a locally born and bred Dulong man, has witnessed the changes in his hometown through his time growing up and working as a local civil servant, especially the stunning achievements in the past decade.
The Dulong people had long endured extreme poverty in history. They live in the mountainous areas nestled along the deep undeveloped forests that isolated them from the outside world.
This geographic remoteness has inadvertently made the area one of the least developed parts of China, as transportation would routinely be cut off for at least half a year from November to May due to heavy snowfall in the mountains, as Kong explained.
The Chinese know too well that development holds the master key to all problems. As the Chinese saying goes, building the road is the first step to become prosperous. For Dulong township and people in most of the impoverished areas in China, rural highways are the key to communicating with a modern world.
"However, this wasn't easy," Kong said.
With the launch of the poverty alleviation program in the village, the weakest link was determined to be poor transportation. "While relocating and resettling impoverished households along the Dulong river, transportation in the rugged mountains has been the biggest obstacle," Kong Said.
Moreover, the region would face seasonal water shortages, which would cause electricity outages, along with bad satellite signals, leading to slow construction progress. Construction workers would routinely quit their job because of such poor conditions.
Under such a difficult situation, in 2014, the first highway tunnel linking Dulongjiang township and Gongshan county was finally completed, which enabled the villagers to get timely healthcare services, education opportunities, and more conveniences.
The road became a lifeline, and it showcased the long-hidden village to the world. The Dulong people even grasped the opportunity the road had created for them and opened homestays for tourists.
In 2018, the total rural economic income of Dulongjiang Township hit 28.599 million yuan ($4.23 million), and rural per capita net income was 6,122 yuan which was up 23.5 percent year-on-year. A total of 2,297 people from 611 households were lifted out of poverty. The entire Dulong ethnic group achieved the goal of poverty alleviation, according to official statistics.
There are more than 1,100 households in the Dulongjiang township, and they all now live in new and better homes. The six administrative villages are all connected by paved roads, with radio, TV, and 4G coverage. Every villager is covered by the serious illness insurance policy. Aside from that, the younger generation enjoys 14 years of free education from pre-school to high school, the Xinhua News Agency reported.
"Our development path has become wider, people's income has also been greatly increased, and our life is getting sweeter," Kong said.
Dreams and dedication
Winning the battle against poverty in rural China reflects a people-centered philosophy, which would be absolutely impossible without the leadership and efforts of the CPC.
"The founding of New China on October 1, 1949, allowed our Dulong people to stand up and become the true masters of our land. I learned from my father and grandfathers how they had changed from an antiquated situation, and how the CPC united and led the Dulong people to strive to build our homeland with strong determination and concerted effort," Kong said.
Convinced of the strength of role models, strong will, and determination from the older generations, the 42-year-old Party official dedicated himself to helping impoverished Dulong villagers shake off poverty by providing extensive support.
"When I was a student in the university, joining the CPC was always an aspirational life goal. I joined the Party in 2011 and worked for the village Party committee in Dulongjiang in the following years," Kong said.
"To 'serve the people' wholeheartedly is an invariable promise that is implanted in my heart and soul. So I dedicated myself to the country's poverty reduction campaign with the aims of building a path to prosperity and ensuring people to have sufficient food and clothing, as well as access to proper education, basic medical services, and safe housing conditions. These are basic conditions for a quality life, and we have managed to attain them," he believes.
Poverty relief work has been put under the unified leadership of the CPC with more than 90 million members. Party chiefs at all levels were required to assume primary responsibility. Over 2.9 million public sector officials were sent from cities and towns to villages to fight poverty "on the front line."
To meet the anti-poverty deadline, since 2012, over 10 million people have had to be lifted out of poverty every year. This equates to about 1 million people every month or 20 people every minute.
Encouragement and inspiration
Shortly before of the New Year's Day in 2014, people from Gongshan county, where most of the Dulong people live, wrote to President Xi Jinping to report that the Gaoligong Mountains-Dulongjiang River highway tunnel was about to be completed
Xi, also the General Secretary of the CPC Central Committee and chairman of the Central Military Commission, replied to their letter.
Xi said he was glad to hear of the good news about the tunnel and congratulated the community. "I have always been concerned about the well-being of the Dulong people as you used to live harsh lives."
In 2018, the six administrative villages in Dulongjiang township, Gongshan county, eradicated poverty.
People in the township wrote another letter to inform Xi that they had been lifted out of poverty as a whole and were enjoying a better life.
Xi replied he was very glad to hear the good news and congratulated the Dulong people on their success.
"Poverty alleviation must have genuine effects that can win the approval of the people and stand the test of practice and history," Xi said.
Over the past eight years, the final 98.99 million impoverished rural residents living under the current poverty line have all been lifted out of poverty. All the 832 impoverished counties and 128,000 impoverished villages have been removed from the poverty list in China, Xi said in February 2021 while addressing a grand gathering held in Beijing to mark the country's accomplishments in poverty alleviation and honor its model poverty fighters.
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SOURCE Global Times | https://www.mysuncoast.com/prnewswire/2022/07/27/global-times-dulong-people-achieve-miracle-eradicating-poverty-embracing-better-life-under-firm-leadership-cpc/ | 2022-07-27T13:51:48Z |
TOKYO (AP) — An 83-year-old Japanese adventurer returned home Saturday after successfully completing his solo, nonstop voyage across the Pacific, becoming the oldest person to reach the milestone.
Kenichi Horie arrived in the Kii Strait off Japan’s western coast, completing his trans-Pacific voyage in 69 days after leaving a yacht harbor in San Francisco in March.
It was the latest achievement for the octogenarian adventurer, who in 1962 became the first person in the world to successfully complete a solo nonstop voyage across the Pacific from Japan to San Francisco.
Sixty years later, he traveled the opposite route.
“I just crossed the finish line. I’m tired,” he wrote in his blog after reaching Japan in the early hours of Saturday.
He said that his sailing boat, Suntory Mermaid III, was to be toed after the sunrise for an expected arrival at his home port of Shin Nishinomiya yacht harbor in the evening. Local media said a welcome ceremony will be held Sunday.
His achievement came after three days of struggle with the pushback from a strong tide. He wrote in his blog Friday that he succeeded but was exhausted and took a nap after feeling assured that his yacht was now on the right track to the finish line.
Horie’s return to Japan makes him the world’s oldest person to complete a solo, nonstop crossing of the Pacific, according to his sponsors.
Horie has also achieved a number of other long distance solo voyages, including sailing around the world in 1974. His latest expedition was the first since his 2008 solo non-stop voyage on a wave-powered boat from Hawaii to the Kii Strait. | https://cw33.com/news/ap-top-headlines/at-83-japanese-becomes-oldest-to-sail-solo-across-pacific/ | 2022-06-04T19:47:27Z |
VIDEO: School district bus driver makes stop at liquor store while on duty, witness says
LAMAR COUNTY, Miss. (WDAM/Gray News) - A video on social media is gaining attention in the Mississippi area when it comes to a bus driver seemingly making an unscheduled stop at a local shopping center.
WDAM reports it obtained a video from April 7 that showed a Lamar County School District bus driver walking out of a liquor store with what a witness called a bottle in his hand and then getting back on the bus and driving away.
The Lamar County School District Supt. Steven Hampton issued the following statement regarding the video:
“On Thursday, April 7th, a concerned citizen made us aware of a situation where we had an employee use a school district bus for a personal reason. We have investigated this incident and have found it to be true. We have taken disciplinary actions against this employee that are in line with our policies.”
School officials have not released any further immediate information about the incident.
Copyright 2022 WDAM via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/12/video-shows-school-district-bus-driver-making-stop-liquor-store-while-duty/ | 2022-04-13T00:15:06Z |
Inmates at a troubled West Virginia prison where James “Whitey” Bulger was beaten to death found out ahead of time that the notorious Boston gangster would be arriving, according to new details revealed in court.
Sean McKinnon, who is accused of acting as a lookout while two other men killed Bulger, told his mother on a phone call shortly before Bulger came to USP Hazelton in October 2018 that inmates were preparing for the arrival of a “higher profile person.”
After McKinnon told her that it was Bulger, she told him to stay away from the gangster, said Assistant U.S. Attorney Hannah Nowalk, according to a transcript of a hearing Monday in Ocala, Florida.
McKinnon told his mother: “I can’t,” to which she responded: “You get in trouble.”
“Don’t worry. Oh, I don’t plan it,” McKinnon said, according to the prosecutor.
The call was among new information disclosed about the slaying of 89-year-old Bulger during a detention hearing for 36-year-old McKinnon, who is charged with conspiring with two other men — Fotios “Freddy” Geas, 55, and Paul J. DeCologero, 48 — to kill Bulger hours after he arrived at Hazelton from another lockup in Florida.
Bulger’s killing has raised questions about why the known “snitch” was transferred to the troubled prison, known as “Misery Mountain,” and why he was placed in the general population instead of more protective housing.
An attorney for McKinnon, who was Geas’ cellmate, told the judge that the phone call doesn’t show he was involved in any plot to kill Bulger. She said it wasn’t just that McKinnon knew, but “the entire unit was alerted that Whitey Bulger was coming to the unit.”
“The fact that his roommate was a henchman has nothing to do with him. He didn’t select his roommate. The fact that he knew that doesn’t really tell the Court that he was involved in the conspiracy,” defense attorney Christine Bird said, according to the transcript.
U.S. Magistrate Judge Philip Lammens on Monday ruled that McKinnon should remain locked up until trial, calling him a risk of flight and danger to the community.
Nowalk told the judge that surveillance video shows Geas and DeCologero entering Bulger’s cell around 6 a.m. The footage shows McKinnon sitting at a table that faces Bulger’s cell while the other two men were inside the cell for about seven minutes. Bulger was found dead in his bed about two hours later, Nowalk said, according to the transcript.
An inmate witness told the grand jury in the case that he asked McKinnon and DeCologero if they were the guys who killed Bulger and they said they were, Nowalk said. That same witness “then indicated that Pauly (DeCologero) told him that Bulger was a snitch,” Nowalk said.
DeCologero “said as soon as they saw Bulger come into the unit, they planned to kill him,” Nowalk said. “And then Pauly (DeCologero) told this inmate witness that Sean McKinnon was the lookout,” she said.
An inmate witness will also testify that DeCologero said that he and Geas “used a belt with a lock attached to it” to beat Bulger to death, Nowalk said.
Bulger, who ran the largely Irish mob in Boston in the 1970s and ’80s, served as an FBI informant who ratted on his gang’s main rival, according to the bureau. He later became one of the nation’s most-wanted fugitives.
Bulger strongly denied ever being a government informant. An intake screening form Bulger signed after arriving at Hazelton said he answered “no” when asked if there were any reasons he should be kept out of the general population and if he ever assisted law enforcement in any way.
There is no attorney listed in the Bulger case yet for DeCologero, who has since been moved from Hazelton to another federal prison facility.
DeCologero, who was in an organized crime gang led by his uncle in Massachusetts, was convicted of buying heroin that was used to try to kill a teenage girl his uncle wanted dead because he feared she would betray the crew to police. The heroin didn’t kill her, so another man broke her neck, dismembered her and buried her remains in the woods, court records say.
Geas, a Mafia hitman, remains at Hazelton. He and his brother were sentenced to life in prison in 2011 for their roles in several violent crimes, including the 2003 killing of Adolfo “Big Al” Bruno, a Genovese crime family boss in Springfield, Massachusetts. Geas remains in prison at Hazelton.
McKinnon had been on supervised release when he was arrested last week in Florida on charges including conspiracy to commit first degree murder. He is also charged separately with making false statements to a federal agent. Prosecutors say he told federal agents he wasn’t aware of what happened to Bulger.
McKinnon pleaded guilty in 2015 to stealing a dozen handguns from a Vermont firearms dealer. He was moved to a halfway house in February before being released from there in July. | https://cw33.com/news/u-s-news/ap-us-headlines/call-shows-inmates-knew-whitey-bulger-was-moving-to-prison/ | 2022-08-24T20:34:14Z |
LOS ANGELES , June 10, 2022 /PRNewswire/ -- Health-Ade, the creators of feel-good, bubbly beverages with gut-health benefits, is celebrating its 10th birthday with the limited release of a special new addition to its seasonal kombucha lineup, Guava Dragon Fruit.
Flavored with organic, cold pressed juice from sweet guava and tart dragon fruit, Health-Ade's newest seasonal beverage is sure to make mouths water. Guava Dragon Fruit, available nationwide from June to September, is Health-Ade's third seasonal flavor in their rotating lineup. The brand is also known for their famous Holiday Cheers kombucha, a winter season staple with notes of ginger, all spice, vanilla, cacao, cinnamon, clove and nutmeg which hits shelves each October. In February, they also launched Pineapple Creamsicle to help inspire a bit of early summer and nostalgia.
With humble beginnings at the Brentwood Farmers Market ten years ago, Health-Ade has grown into a top-selling functional beverage brand available in over 50,000 stores nationwide and with over $200M in annual retail sales. Health-Ade continues to lead category growth and is the fastest growing kombucha brand, ten years in. Earlier this month, Health-Ade launched their biggest ever campaign, Get That Good Gut Feeling, which is currently running nationwide, in partnership with Emmy-award winning illustrator and animator Mike Perry and full-service agency Zambezi. Through easily digestible education, robust storytelling, and bold animations, the campaign celebrates the improved physical and mental well-being the probiotics and fermented goodness in Health-Ade Kombucha promote.
"After ten years in business, we wanted to do something special to celebrate how far we've come," says Daina Trout, co-founder and Chief Mission Officer of Health-Ade. "I was inspired by a recent trip to the Costa Rican rainforests where I fell in love with the delicious combination of guava and dragon fruit. When it came time to create this celebratory flavor, we leaned into our consumer insights to make a flavor that our biggest fans would love, and I was delighted to learn that these tropical flavors are in high demand! As it turns out, cold pressed, organic guava and dragon fruit juices are the perfect complement to our tangy-sweet kombucha, and our new flavor was born. As we continue to create new seasonal flavors like Guava Dragon Fruit, Pineapple Creamsicle and Holiday Cheers, we hope that consumers can get excited about these limited-edition beverages and look forward to Health-Ade putting out something new, refreshing and gut-positive a few times throughout the year. Happy Birthday to Health-Ade, I know the next 10 years are going to be as wonderful and full of growth as the last 10!"
To celebrate a decade of Health-Ade and this important milestone, the brand will be doing a variety of promotions and give-aways on June 10th in honor of their birthday. On June 10th Health-ade will be giving away 100 6-pack cases for $10. In addition, all flavors/packs will be $10 off with code Happy10. For more information visit Health-Ade.com and follow along on social @healthade.
ABOUT HEALTH-ADE
Health-Ade creates feel-good, bubbly beverages with gut-health benefits so you can follow your gut and show the world what you're made of. The brand got started in the Brentwood Farmers Market in 2012 selling its flagship kombucha drinks. Instantly gaining a cult following in Southern California, Health-Ade Kombucha rapidly expanded to sell nationwide in over 45,000 stores including Whole Foods Market, Sprouts, Safeway / Albertsons, Kroger, Publix, Target and more in 16oz single serve bottles (MSRP: $3.99) and 48oz sizes at (MSRP: $8.99). The brand's growing roster of offerings now includes Health-Ade Pop, a low sugar prebiotic soda, Health-Ade Plus, an adaptogenic kombucha line, and Health-Ade Cocktail Mixers, designed for a low sugar, mixologist-quality cocktail solution at home. All Health-Ade products are naturally fermented with high quality ingredients and are certified organic, non-GMO, gluten-free and vegan, and each bottle of Health-Ade Kombucha exceeds the World Health Organization's standard for probiotics, which many food and beverage products on the market today fail to meet.
For more information or press inquiries, please email press@health-ade.com
Follow along on Instagram @healthade, Facebook /HealthAde, Twitter @DrinkHealthAde and TikTok @healthade
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SOURCE Health-Ade Kombucha | https://www.kxii.com/prnewswire/2022/06/10/health-ade-celebrates-10-years-with-release-special-seasonal-flavor-guava-dragon-fruit/ | 2022-06-10T14:22:27Z |
WWI practice bombs found at construction site, sheriff says
WACO, Texas (KWTX/Gray News) - A construction crew in Texas has recently found a couple of rare items while working on a new baseball field.
KWTX reports construction workers recovered two bombs earlier this month from the Lake Air Little League fields construction site.
According to the McLennan County Sheriff’s Office, its bomb squad was called to the site on Aug. 9 and Aug. 12 to check the devices.
Authorities said they determined the devices were not live but likely practice bombs from a former military installation that was on the same site during the first World War.
“This is the original site of the Rich Field Army Air Base built in 1917 after the United States got involved in World War I,” McLennan County Sheriff Parnell McNamara said.
Officials said Rich Field was used for two years, along with neighboring Camp MacArthur. About 80,000 troops trained at the locations from 1917 to 1919.
“This is pretty close to home for me. My great uncle Joe McNamara was a captain here at Camp MacArthur during World War I,” McNamara said.
The sheriff’s office reported the practice bombs were checked and found to be made of steel but did not contain any explosives.
According to McNamara, he’s waiting to hear what else crews might find at the construction sites as several construction projects are currently happening in the area.
“There’s a lot of construction going on and no telling what we’re going to find next,” McNamara said.
The sheriff said he has warned workers not to touch any items if they appeared suspicious.
“If we find more, we’re going to respond and make sure, if they are explosive, we will destroy them,” McNamara said.
According to the sheriff’s office, if the items are not explosive, they could be kept and not destroyed.
Copyright 2022 KWTX via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/16/wwi-practice-bombs-found-construction-site-sheriff-says/ | 2022-08-16T21:45:39Z |
Protests at Supreme Court justices’ homes cause dispute between county, Virginia gov.
FALLS CHURCH, Va. (AP) — Fairfax County officials have rebuffed a request from Virginia Gov. Glenn Youngkin to establish a security perimeter around the neighborhoods of U.S. Supreme Court justices living in the county after some have faced protests outside their homes.
Youngkin, a Republican, made the request Wednesday in a letter to the county board of supervisors. “I fundamentally believe such demonstrations and picketing should not be allowed at the Justice’s (sic) homes as they are meant to intimidate and influence the Justices,” he wrote.
Three Supreme Court justices — Samuel Alito, Amy Coney Barrett and Clarence Thomas — live in the county. Justices living in and outside the county have been confronted with protests outside their homes since a draft of Alito’s opinion that would overturn the Roe v. Wade abortion-rights decision was leaked.
Fairfax County Board of Supervisors Chairman Jeff McKay said Youngkin’s request for a security perimeter is unnecessary and improper. He said establishing a perimeter would amount to creating an unconstitutional neighborhood “checkpoint” that would infringe on First Amendment protest rights. He also noted that protests that have occurred outside Alito’s home in the Fort Hunt neighborhood have been peaceful.
“We will enforce laws that serve to protect persons and property,” McKay wrote. “Our officers are equally committed to protecting the First Amendment guarantees afforded to those who gather to exercise their freedom of speech.”
Fairfax County Police, for their part, said through a spokeswoman that they’re providing extra staffing in response to reports of planned protests “to maintain the safety and security of the public, while ensuring First Amendment rights are protected.”
Youngkin also joined Maryland GOP Gov. Larry Hogan in calling on federal law enforcement entities to “take the lead and provide sustained resources” to protect the justices and ensure the neighborhoods are secure in the weeks and months ahead.
In a letter addressed to U.S. Attorney General Merrick Garland, the governors called on the Department of Justice to enforce a federal law that prohibits “pickets or parades” with the intent to influence a judge.
Justice Department spokesman Anthony Coley said in a statement Wednesday that Garland continues to be briefed on security matters related to the Supreme Court and justices. He noted that Garland had directed the U.S. Marshals Service to help support the Marshal of the Supreme Court and Supreme Court Police.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/12/protests-supreme-court-justices-homes-cause-dispute-between-county-virginia-gov/ | 2022-05-12T15:53:27Z |
Biden heading to Ohio to spotlight rule to rescue pensions
WASHINGTON (AP) — Reassuring frustrated blue-collar voters, President Joe Biden on Wednesday is visiting Ohio to highlight federal action to shore up troubled pension funding for millions now on the job or retired.
Biden’s speech at a Cleveland high school is showcasing a final rule tied to his $1.9 trillion coronavirus relief package from last year. The rule allows troubled multi-company pensions to be made financially whole, ensuring full benefits for 2 million to 3 million workers and retirees.
Hurt politically by inflation at a 40-year high and damage wrought by the pandemic, the president chose to deliver his message in a state that has been trending strongly Republican, with Donald Trump easily carrying it twice. This is Biden’s sixth visit as president as he labors to personally reverse that electoral tide.
Details about Biden’s remarks were shared by two administration officials who insisted on anonymity to preview his speech.
The roughly 200 pension plans receiving assistance faced possible insolvency without government aid. And without the full benefits, workers and retirees could struggle to pay for housing, food and other essentials. The financial support should help keep the pension funds solvent for roughly 30 years until 2051.
That’s important, several retirees said.
Bill DeVito, 73, was an iron worker for almost 50 years before retiring a decade ago. When his pension was cut 40% in 2017, he said, “it was devastating.”
“The thing of it is, we had a lot of politicians over the years saying, hey, we’ll try to help you, we’ll do everything we can, and nobody’s ever done anything for us until Joe Biden come along,” he said. He said that other Ohio Democrats in Washington kept pushing, too.
Jeffrey Carlson, 67, of the Cleveland suburb of North Ridgeville, said that a year before he retired in 2017, he learned his pension would be cut, too.
“I’m grateful for anything that we could get back,” he said. “I know I earned it. I worked hard.”
Multiemployer plans are created through agreements between companies and a union, and are insured by the federal Pension Benefit Guaranty Corporation (PBGC). In 2014, Congress passed the Multiemployer Pension Reform Act that allowed plans, for the first time, to cut workers and retirees’ benefits in order to ensure that pensions projected to run out of money remained solvent.
The American Rescue Plan passed in March 2021 included a special finance assistance program that allows struggling multiemployer pension plans to apply to the PBGC for assistance. The final rule being unveiled by the Biden administration is designed to make it easier for the pensions’ investments to receive a higher rate of return.
The effort to highlight a program to help union workers comes as Democrats hope to pick up a U.S. Senate seat in Ohio, where a strong showing with working class voters could play a pivotal role.
Republican Rob Portman is leaving the Senate after two terms. Vying to replace him are Democratic Rep. Tim Ryan and Republican J.D. Vance, the author of the memoir “Hillbilly Elegy” who secured an endorsement during the primary from Trump. Ohio voters backed Trump in 2016 and 2020, with his margin of victory each time at roughly 8 percentage points.
While Biden boasts of steady job growth — unemployment sits at 3.6% — Americans have largely been discontented with the Democratic president’s handling of the economy as inflation continues to rise, interest rates increase and the stock market wobbles. Just 28 percent approve of Biden’s stewardship of the economy, down from 51% a year ago, according to an AP-NORC Center for Public Affairs Research poll published last week.
___
AP writer Julie Carr Smyth contributed from Columbus, Ohio.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/06/biden-heading-ohio-spotlight-rule-rescue-pensions/ | 2022-07-06T16:42:53Z |
PORTLAND, Ore., April 21, 2022 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, will release its first quarter 2022 financial results on May 10, 2022, after market close. Todd DeBonis, President and CEO, and Haley Aman, CFO, will host a conference call at 2:00 p.m. Pacific Time to discuss the Company's financial results.
Analysts and investors are invited to join the Company's conference call using the following information:
Date: Tuesday, May 10, 2022
Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)
Conference Call Number: 1-877-359-9508
International Call Number: +1-224-357-2393
Conference ID: 3192021
Additionally, a live audio webcast of the conference call will be available and archived for approximately 90 days in the Investors section of the Company's website at www.pixelworks.com. A telephone replay of the conference call will also be available through Tuesday, May 17, 2022, and can be accessed by dialing 1-855-859-2056 and using passcode 3192021.
About Pixelworks, Inc.
Pixelworks provides industry-leading content creation, video delivery and display processing solutions and technology that enable highly authentic viewing experiences with superior visual quality, across all screens – from cinema to smartphone and beyond. The Company has more than 20-year history of delivering image processing innovation to leading providers of consumer electronics, professional displays and video streaming services. For more information, please visit the Company's web site at www.pixelworks.com.
Note: Pixelworks and the Pixelworks logo are registered trademarks of Pixelworks, Inc.
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SOURCE Pixelworks, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/21/pixelworks-announce-first-quarter-2022-financial-results-may-10/ | 2022-04-21T21:39:01Z |
Did you lose money on investments in DENTSPLY SIRONA? If so, please visit DENTSPLY SIRONA Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, June 24, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the common stock of Dentsply Sirona, Inc. ("Dentsply" or the "Company") (NASDAQ: XRAY) between June 9, 2021 and May 9, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Southern District of Ohio and alleges violations of the Securities Exchange Act of 1934.
Dentsply produces a wide array of dental supplies, ranging from anesthetics, plaque and gum disease prevention, tooth polishers, and artificial teeth. The Company sells approximately two-thirds of its dental consumable and technology and equipment products through third-party distributors.
As (former) executives of Dentsply, Defendants Donald M. Casey, Jr. ("Casey") and Jorge Gomez ("Gomez") were eligible for significant cash- and stock-based incentive compensation. Indeed, up to 89% of their annual compensation was awarded based on the Company's ability to meet certain milestones linked to Dentsply's financial performance.
Given the challenges posed by the ongoing COVID-19 pandemic, Dentsply bifurcated its Annual Incentive plans for executives into two six-month periods. The 2021 First Half Annual Incentive Plan and the 2021 Second Half Annual Incentive Plan each provided for potential incentive payments based on achievement of performance criteria during the first two and the last two quarters of 2021, respectively. The funding levels for each plan were wholly dependent on the Company's financial performance for the applicable half of 2021.
For the first half of the year, Dentsply met the applicable financial performance targets, entitling top executives, including Casey and Gomez, to the maximum compensation under the 2021 First Half Annual Incentive Plan. However, to ensure that they received at least some of their awards under the 2021 Second Half Annual Incentive Plan, Plaintiff alleges that Defendants appear to have orchestrated a scheme to inflate the Company's revenue and earnings by manipulating the way in which Dentsply recognized revenue tied to certain distributor rebate and incentive programs.
Plaintiff alleges that Defendants made materially false and misleading statements throughout the Class Period. Specifically, Plaintiff alleges that Dentsply touted its "go-to-market strategy" and "more sophisticated and strategic incentive plans" as drivers of the Company's success. Dentsply also assured investors that it complied with Generally Accepted Accounting Principles ("GAAP") and maintained adequate internal controls over financial reporting, yet the Company announced revenues and earnings that were inflated by the improper recognition of revenue.
On April 11, 2022, Dentsply announced that Defendant Gomez had "resigned" as Chief Financial Officer, but assured investors that his departure was "not the result of any dispute or disagreement with the Company, the Company's management or the Board of Directors of the Company on any matter relating to the Company's operations, policies or practices."
The truth began to emerge on April 19, 2022, when Dentsply suddenly announced that its Board of Directors had terminated Defendant Casey, the Company's Chief Executive Officer, effective immediately and with no succession plan in place. As a result of this disclosure, Dentsply shares declined by $6.52 per share, or 13%, from $48.72 per share to $42.20 per share.
Then, on May 10, 2022, Dentsply announced that, following reports from several internal whistleblowers, the Audit and Finance Committee of its Board of Directors (the "Audit Committee") had commenced an investigation regarding certain financial reporting matters. Specifically, Dentsply disclosed that the Audit Committee was investigating "the Company's use of incentives to sell products to distributors in the third and fourth quarters of 2021" and "whether those incentives were appropriately accounted for" in the Company's periodic reports with the SEC. The Company also disclosed that the Audit Committee is investigating allegations that "certain former and current members of senior management directed the Company's use of these incentives and other actions to achieve executive compensation targets in 2021." On this news, the Company's stock declined over 7% to close at $36.38 per share on May 10, 2022.
If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased XRAY common stock, and/or would like to discuss your legal rights and options please visit DENTSPLY SIRONA Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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SOURCE Bernstein Liebhard LLP | https://www.kxii.com/prnewswire/2022/06/24/dentsply-sirona-inc-nasdaq-xray-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-dentsply-sirona-inc-nasdaq-xray/ | 2022-06-25T00:08:24Z |
COLUMBUS, Ohio, July 21, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable October 3, 2022, to shareholders of record on September 19, 2022.
In addition, the Board declared quarterly cash dividends on five series of its preferred stock. The Board declared a quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500) of $13.0300 per share (equivalent to $0.32575 per depositary receipt share). The Board declared a quarterly cash dividend on its 5.70% Series E Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AL8) of $1,425.00 per share (equivalent to $14.25 per depositary receipt share). The Board declared a quarterly cash dividend on its 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AT1) of $1,406.25 per share (equivalent to $14.0625 per depositary share). The Board declared a quarterly cash dividend on its 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AV6) of $1,112.50 per share (equivalent to $11.1250 per depositary share). Finally, the Board declared a quarterly cash dividend on its 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANP) of $11.25 per share (equivalent to $0.28125 per depositary share). All five preferred stock cash dividends are payable October 17, 2022, to their respective shareholders of record on October 1, 2022.
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $179 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
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SOURCE Huntington Bancshares Incorporated | https://www.wibw.com/prnewswire/2022/07/21/huntington-bancshares-incorporated-declares-quarterly-cash-dividends-its-common-preferred-stocks/ | 2022-07-21T22:03:56Z |
At nearly 28 months of median follow-up, median progression-free survival
and overall survival were not yet reached
Data presented at the 2022 ASCO Annual Meeting and published in
the Journal of Clinical Oncology
CHICAGO, June 4, 2022 /PRNewswire/ -- The Janssen Pharmaceutical Companies of Johnson & Johnson announced today updated results from the Phase 1b/2 CARTITUDE-1 study evaluating the efficacy and safety of CARVYKTI™ (ciltacabtagene autoleucel; cilta-cel), a B-cell maturation antigen (BCMA)-directed chimeric antigen receptor T-cell (CAR-T) therapy. The study included patients with relapsed or refractory multiple myeloma (RRMM) who had received >3 lines of therapy including a proteasome inhibitor (PI), an anti-CD38 monoclonal antibody and an immunomodulatory agent (IMiD) or were double refractory to an IMiD and PI and who had received a PI, an IMiD and an anti-CD38 as part of previous therapy. A median overall survival (OS) of 9.3 months has been reported in refractory patients who were triple-class exposed.1 These data, featured as a poster presentation at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting (Abstract #8028), were simultaneously published in the Journal of Clinical Oncology.
The poster results showed that at a median follow-up of 28 months, in 97 patients treated with CARVYKTI™, the overall response rate (ORR) remained consistent at 98 percent (95 percent Confidence Interval [CI], 92.7 to 99.7), with 83 percent (95 percent CI, 73.4 to 89.4) of patients treated with CARVYKTI™ achieving a stringent complete response (sCR).2 The responses were durable, and median OS and progression free survival (PFS) were not reached. PFS and OS rates at 28 months follow-up were 55 percent (95 percent CI, 44.0 to 64.6) and 70 percent (95 percent CI, 60.1 to 78.6), respectively.2
Sixty-one patients had samples evaluable for minimal residual disease (MRD) status, 92 percent of whom achieved MRD negativity at the 10-5 threshold, which was sustained for ≥6 months in 68 percent (34/50 with sufficient follow-up) and ≥12 months in 55 percent (24/44 with sufficient follow-up).2 In those same patients, two-year PFS rates were 73 percent (95 percent CI, 52.1 to 85.9) and 79 percent (95 percent CI, 51.5 to 91.8), respectively, and two-year OS rates were 94 percent (95 percent CI, 76.1 to 98.3) and 91 percent (95 percent CI, 67.7 to 97.6), respectively.2 Both the two-year PFS and OS rates were favorable compared to the overall study population.2
"The latest results from the CARTITUDE-1 study further reinforce the potential of cilta-cel as an important treatment option for patients with a high unmet need who otherwise face a poor prognosis," said Saad Z. Usmani, M.D., M.B.A., F.A.C.P., Chief of the Myeloma Service at Memorial Sloan Kettering Cancer Center and study investigator.‡ "The response rates observed in the two-year follow-up, with median PFS not reached and the majority of patients achieving MRD negativity, demonstrate that cilta-cel provides the potential for long-term disease control and survival in heavily pretreated patients with relapsed or refractory multiple myeloma."
The study included patients (n=97) who received a median of six prior treatment regimens (range, 3-18).2 All patients were triple-class [IMiD, PI and anti-CD38 antibody] exposed, while 42 percent of patients were penta-drug refractory and 99 percent of patients were refractory to the last line of therapy.2
No new safety signals were observed with longer follow-up.2 The most common hematologic adverse events (AEs) observed were neutropenia (96 percent); anemia (81 percent); thrombocytopenia (79 percent); leukopenia (62 percent); and lymphopenia (54 percent).3 Since the primary 12-month publication, no new events or changes in incidence rate, time to onset, or duration of cytokine release syndrome (CRS) occurred, and one new case of treatment-related Parkinsonism, or movement and neurocognitive treatment (MNT) emergent adverse event occurred.2
CARVYKTI™ Results in Earlier Lines of Treatment
Findings from Cohort B (n=19) of the Phase 2 CARTITUDE-2 (NCT04133636) study, evaluating the safety and efficacy of cilta-cel in patients with RRMM who received one prior line of therapy including a PI and IMiD and had disease progression within 12 months of treatment with autologous stem cell transplant (ASCT) or within 12 months of the start of antimyeloma therapy for patients who have not had ASCT, showed patients treated with cilta-cel experienced early and deep responses at a median follow-up of 13-months.4 In 19 patients treated in this cohort, the ORR was 100 percent (95 percent CI, 82.4 to 100), with 90 percent (95 percent CI, 66.9 to 98.7) of patients achieving a CR or better and 95 percent (95 percent CI, 74.0 to 99.9) of patients achieving a very good partial response (VGPR) or better.4 Median time to first response was 1 month (range, 0.9-9.7).4 The 12-month PFS rate was 90 percent.4 The overall safety profile, including incidence of CRS and most common hematologic AEs, was consistent with observations in the CARTITUDE-1 study.4 These data were presented for the first time at ASCO (Abstract #8029) and will be featured as an oral presentation at the European Hematology Association (EHA) 2022 Congress (Abstract #S185).4,5
Updated results from Cohort A (n=20) of the CARTITUDE-2 study evaluating cilta–cel safety and efficacy in multiple myeloma patients who are lenalidomide refractory with 1–3 prior lines of treatment were also presented as a poster presentation at ASCO 2022 (Abstract #8020).6
"We are pleased to see the clinical benefit of CARVYKTI as demonstrated in these results from CARTITUDE-1 that show deep and durable responses were maintained over time," said Sen Zhuang M.D., Ph.D., Vice President, Clinical Research and Development, Janssen Research & Development, LLC. "As part of our dedication to advance the science of multiple myeloma, we remain committed to further investigating the potential of CARVYKTI in earlier lines of treatment, including in the CARTITUDE-2 study as part of the CARVYKTI clinical development program."
CARVYKTI™ received approval by the U.S. FDA in February 2022 for the treatment of adults with relapsed or refractory multiple myeloma after four or more prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 monoclonal antibody. CARVYKTI™ is not currently approved in any other treatment setting.
On May 25, 2022, CARVYKTI™ was granted conditional marketing authorization by the European Medicines Agency (EMA) for the treatment of adults with RRMM who have received at least three prior therapies, including a PI, an IMiD and an anti-CD38 antibody, and have demonstrated disease progression on the last therapy.
About CARVYKTI™ (ciltacabtagene autoleucel)
CARVYKTI™ is a BCMA-directed, genetically modified autologous T-cell immunotherapy, which involves reprogramming a patient's own T cells with a transgene encoding a chimeric antigen receptor (CAR) that identifies and eliminates cells that express BCMA. BCMA is primarily expressed on the surface of malignant multiple myeloma B-lineage cells, as well as late-stage B cells and plasma cells. The CARVYKTI™ CAR protein features two BCMA-targeting single domain antibodies designed to confer high avidity against human BCMA. Upon binding to BCMA-expressing cells, the CAR promotes T-cell activation, expansion, and elimination of target cells.7
In December 2017, Janssen Biotech, Inc. entered into an exclusive worldwide license and collaboration agreement with Legend Biotech USA, Inc. to develop and commercialize CARVYKTI™.
For more information, visit www.CARVYKTI.com.
About the CARTITUDE-1 Study
CARTITUDE-1 (NCT03548207) is an ongoing Phase 1b/2, open-label, multi-center study evaluating ciltacabtagene autoleucel for the treatment of patients with relapsed or refractory multiple myeloma, who previously received a proteasome inhibitor (PI), an immunomodulatory agent (IMiD) and an anti-CD38 monoclonal antibody, and who had disease progression on or after the last regimen. Patients in the study had received a median of six prior treatment regimens (range, 3-18). Of the 97 patients enrolled in the trial, 99 percent were refractory to the last line of treatment and 88 percent were triple-class refractory, meaning their cancer did not respond to, or had progressed on, an IMiD, a PI and an anti-CD38 monoclonal antibody.2
About the CARTITUDE-2 Study
CARTITUDE-2 (NCT04133636) is an ongoing, multi-cohort Phase 2 study evaluating the safety and efficacy of cilta-cel in patients with multiple myeloma. Cohort B evaluates patients who received one line of prior therapy including a PI and an IMiD, and had disease progression per IMWG criteria within 12 months after treatment with autologous stem cell transplantation (ASCT) or from the start of anti-myeloma therapy for participants who have not had an ASCT. Cohort A evaluates patients who had progressive multiple myeloma after 1–3 prior lines of therapy including a PI and an IMiD, were lenalidomide refractory, and had no prior exposure to BCMA-targeting agents.
About Multiple Myeloma
Multiple myeloma is an incurable blood cancer that affects some white blood cells called plasma cells, which are found in the bone marrow.8 When damaged, these plasma cells rapidly spread and replace normal cells in the bone marrow with tumors. In 2020, worldwide an estimated 176,000 people were diagnosed with multiple myeloma.9 In 2022, it is estimated that more than 34,000 people will be diagnosed with multiple myeloma, and more than 12,000 people will die from the disease in the U.S.10 While some people diagnosed with multiple myeloma initially have no symptoms, most patients are diagnosed due to symptoms that can include bone fracture or pain, low red blood cell counts, tiredness, high calcium levels, kidney problems or infections.5
CARVYKTI™ Important Safety Information
INDICATIONS AND USAGE
CARVYKTI™ (ciltacabtagene autoleucel) is a B-cell maturation antigen (BCMA)-directed genetically modified autologous T cell immunotherapy indicated for the treatment of adult patients with relapsed or refractory multiple myeloma, after four or more prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 monoclonal antibody.
WARNINGS AND PRECAUTIONS
Cytokine Release Syndrome (CRS) including fatal or life-threatening reactions, occurred following treatment with CARVYKTI™ in 95% (92/97) of patients receiving ciltacabtagene autoleucel. Grade 3 or higher CRS (2019 ASTCT grade 1) occurred in 5% (5/97) of patients, with Grade 5 CRS reported in 1 patient. The median time to onset of CRS was 7 days (range: 1-12 days). The most common manifestations of CRS included pyrexia (100%), hypotension (43%), increased aspartate aminotransferase (AST) (22%), chills (15%), increased alanine aminotransferase (14%) and sinus tachycardia (11%). Grade 3 or higher events associated with CRS included increased AST and ALT, hyperbilirubinemia, hypotension, pyrexia, hypoxia, respiratory failure, acute kidney injury, disseminated intravascular coagulation, HLH/MAS, angina pectoris, supraventricular and ventricular tachycardia, malaise, myalgias, increased C-reactive protein, ferritin, blood alkaline phosphatase and gamma-glutamyl transferase.
Identify CRS based on clinical presentation. Evaluate for and treat other causes of fever, hypoxia, and hypotension. CRS has been reported to be associated with findings of HLH/MAS, and the physiology of the syndromes may overlap. HLH/MAS is a potentially life-threatening condition. In patients with progressive symptoms of CRS or refractory CRS despite treatment, evaluate for evidence of HLH/MAS.
Sixty-nine of 97 (71%) patients received tocilizumab and/or a corticosteroid for CRS after infusion of ciltacabtagene autoleucel. Forty-four (45%) patients received only tocilizumab, of whom 33 (34%) received a single dose and 11 (11%) received more than one dose; 24 patients (25%) received tocilizumab and a corticosteroid, and one patient (1%) received only corticosteroids. Ensure that a minimum of two doses of tocilizumab are available prior to infusion of CARVYKTI™.
Monitor patients at least daily for 10 days following CARVYKTI™ infusion at a REMS-certified healthcare facility for signs and symptoms of CRS. Monitor patients for signs or symptoms of CRS for at least 4 weeks after infusion. At the first sign of CRS, immediately institute treatment with supportive care, tocilizumab, or tocilizumab and corticosteroids.
Counsel patients to seek immediate medical attention should signs or symptoms of CRS occur at any time.
Neurologic toxicities, which may be severe, life-threatening or fatal, occurred following treatment with CARVYKTI™. Neurologic toxicities included ICANS, neurologic toxicity with signs and symptoms of parkinsonism, Guillain-Barré Syndrome, peripheral neuropathies, and cranial nerve palsies. Counsel patients on the signs and symptoms of these neurologic toxicities, and on the delayed nature of onset of some of these toxicities. Instruct patients to seek immediate medical attention for further assessment and management if signs or symptoms of any of these neurologic toxicities occur at any time.
Overall, one or more subtypes of neurologic toxicity described below occurred following ciltacabtagene autoleucel in 26% (25/97) of patients, of which 11% (11/97) of patients experienced Grade 3 or higher events. These subtypes of neurologic toxicities were also observed in two ongoing studies.
Immune Effector Cell-Associated Neurotoxicity Syndrome (ICANS): ICANS occurred in 23% (22/97) of patients receiving ciltacabtagene autoleucel including Grade 3 or 4 events in 3% (3/97) and Grade 5 (fatal) events in 2% (2/97). The median time to onset of ICANS was 8 days (range 1-28 days). All 22 patients with ICANS had CRS. The most frequent (≥5%) manifestation of ICANS included encephalopathy (23%), aphasia (8%) and headache (6%).
Monitor patients at least daily for 10 days following CARVYKTI™ infusion at the REMS-certified healthcare facility for signs and symptoms of ICANS. Rule out other causes of ICANS symptoms. Monitor patients for signs or symptoms of ICANS for at least 4 weeks after infusion and treat promptly. Neurologic toxicity should be managed with supportive care and/or corticosteroids as needed.
Parkinsonism: Of the 25 patients in the CARTITUDE-1 study experiencing any neurotoxicity, five male patients had neurologic toxicity with several signs and symptoms of parkinsonism, distinct from immune effector cell-associated neurotoxicity syndrome (ICANS). Neurologic toxicity with parkinsonism has been reported in other ongoing trials of ciltacabtagene autoleucel. Patients had parkinsonian and non-parkinsonian symptoms that included tremor, bradykinesia, involuntary movements, stereotypy, loss of spontaneous movements, masked facies, apathy, flat affect, fatigue, rigidity, psychomotor retardation, micrographia, dysgraphia, apraxia, lethargy, confusion, somnolence, loss of consciousness, delayed reflexes, hyperreflexia, memory loss, difficulty swallowing, bowel incontinence, falls, stooped posture, shuffling gait, muscle weakness and wasting, motor dysfunction, motor and sensory loss, akinetic mutism, and frontal lobe release signs. The median onset of parkinsonism in the 5 patients in CARTITUDE-1 was 43 days (range 15-108) from infusion of ciltacabtagene autoleucel.
Monitor patients for signs and symptoms of parkinsonism that may be delayed in onset and managed with supportive care measures. There is limited efficacy information with medications used for the treatment of Parkinson's disease, for the improvement or resolution of parkinsonism symptoms following CARVYKTI™ treatment.
Guillain-Barré Syndrome: A fatal outcome following Guillain-Barré Syndrome (GBS) has occurred in another ongoing study of ciltacabtagene autoleucel despite treatment with intravenous immunoglobulins. Symptoms reported include those consistent with Miller- Fisher variant of GBS, encephalopathy, motor weakness, speech disturbances and polyradiculoneuritis.
Monitor for GBS. Evaluate patients presenting with peripheral neuropathy for GBS. Consider treatment of GBS with supportive care measures and in conjunction with immunoglobulins and plasma exchange, depending on severity of GBS.
Peripheral Neuropathy: Six patients in CARTITUDE-1 developed peripheral neuropathy. These neuropathies presented as sensory, motor or sensorimotor neuropathies. Median time of onset of symptoms was 62 days (range 4-136 days), median duration of peripheral neuropathies was 256 days (range 2-465 days) including those with ongoing neuropathy. Patients who experienced peripheral neuropathy also experienced cranial nerve palsies or GBS in other ongoing trials of ciltacabtagene autoleucel.
Cranial Nerve Palsies: Three patients (3.1%) experienced cranial nerve palsies in CARTITUDE-1. All three patients had 7th cranial nerve palsy; one patient had 5th cranial nerve palsy as well. Median time to onset was 26 days (range 21-101 days) following infusion of ciltacabtagene autoleucel. Occurrence of 3rd and 6th cranial nerve palsy, bilateral 7th cranial nerve palsy, worsening of cranial nerve palsy after improvement, and occurrence of peripheral neuropathy in patients with cranial nerve palsy have also been reported in ongoing trials of ciltacabtagene autoleucel. Monitor patients for signs and symptoms of cranial nerve palsies. Consider management with systemic corticosteroids, depending on the severity and progression of signs and symptoms.
Hemophagocytic Lymphohistiocytosis (HLH)/Macrophage Activation Syndrome (MAS): Fatal HLH occurred in one patient (1%), 99 days after ciltacabtagene autoleucel. The HLH event was preceded by prolonged CRS lasting 97 days. The manifestations of HLH/MAS include hypotension, hypoxia with diffuse alveolar damage, coagulopathy, cytopenia, and multi-organ dysfunction, including renal dysfunction. HLH is a life-threatening condition with a high mortality rate if not recognized and treated early. Treatment of HLH/MAS should be administered per institutional standards.
CARVYKTI™ REMS: Because of the risk of CRS and neurologic toxicities, CARVYKTI™ is available only through a restricted program under a Risk Evaluation and Mitigation Strategy (REMS) called the CARVYKTI™ REMS.
Further information is available at www.CARVYKTIrems.com or 1-844-672-0067.
Prolonged and Recurrent Cytopenias: Patients may exhibit prolonged and recurrent cytopenias following lymphodepleting chemotherapy and CARVYKTI™ infusion. One patient underwent autologous stem cell therapy for hematopoietic reconstitution due to prolonged thrombocytopenia.
In CARTITUDE-1, 30% (29/97) of patients experienced prolonged Grade 3 or 4 neutropenia and 41% (40/97) of patients experienced prolonged Grade 3 or 4 thrombocytopenia that had not resolved by Day 30 following ciltacabtagene autoleucel infusion.
Recurrent Grade 3 or 4 neutropenia, thrombocytopenia, lymphopenia and anemia were seen in 63% (61/97), 18% (17/97), 60% (58/97), and 37% (36/97) after recovery from initial Grade 3 or 4 cytopenia following infusion. After Day 60 following ciltacabtagene autoleucel infusion, 31%, 12% and 6% of patients had a recurrence of Grade 3 or higher lymphopenia, neutropenia and thrombocytopenia, respectively, after initial recovery of their Grade 3 or 4 cytopenia. Eighty-seven percent (84/97) of patients had one, two, or three or more recurrences of Grade 3 or 4 cytopenias after initial recovery of Grade 3 or 4 cytopenia. Six and 11 patients had Grade 3 or 4 neutropenia and thrombocytopenia, respectively, at the time of death.
Monitor blood counts prior to and after CARVYKTI™ infusion. Manage cytopenias with growth factors and blood product transfusion support according to local institutional guidelines.
Infections: CARVYKTI™ should not be administered to patients with active infection or inflammatory disorders. Severe, life-threatening or fatal infections occurred in patients after CARVYKTI™ infusion.
Infections (all grades) occurred in 57 (59%) patients. Grade 3 or 4 infections occurred in 23% (22/97) of patients; Grade 3 or 4 infections with an unspecified pathogen occurred in 17%, viral infections in 7%, bacterial infections in 1%, and fungal infections in 1% of patients. Overall, four patients had Grade 5 infections: lung abscess (n=1), sepsis (n=2) and pneumonia (n=1).
Monitor patients for signs and symptoms of infection before and after CARVYKTI™ infusion and treat patients appropriately. Administer prophylactic, pre-emptive and/or therapeutic antimicrobials according to the standard institutional guidelines. Febrile neutropenia was observed in 10% of patients after ciltacabtagene autoleucel infusion, and may be concurrent with CRS. In the event of febrile neutropenia, evaluate for infection and manage with broad-spectrum antibiotics, fluids and other supportive care, as medically indicated.
Viral Reactivation: Hepatitis B virus (HBV) reactivation, in some cases resulting in fulminant hepatitis, hepatic failure and death, can occur in patients with hypogammaglobulinemia. Perform screening for Cytomegalovirus (CMV), HBV, hepatitis C virus (HCV), and human immunodeficiency virus (HIV), or any other infectious agents if clinically indicated in accordance with clinical guidelines before
collection of cells for manufacturing. Consider antiviral therapy to prevent viral reactivation per local institutional guidelines/clinical practice.
Hypogammaglobulinemia was reported as an adverse event in 12% (12/97) of patients; laboratory IgG levels fell below 500 mg/dL after infusion in 92% (89/97) of patients. Monitor immunoglobulin levels after treatment with CARVYKTI™ and administer IVIG for IgG <400 mg/dL. Manage per local institutional guidelines, including infection precautions and antibiotic or antiviral prophylaxis.
Use of Live Vaccines: The safety of immunization with live viral vaccines during or following CARVYKTI™ treatment has not been studied. Vaccination with live virus vaccines is not recommended for at least 6 weeks prior to the start of lymphodepleting chemotherapy, during CARVYKTI™ treatment, and until immune recovery following treatment with CARVYKTI™.
Hypersensitivity Reactions have occurred in 5% (5/97) of patients following ciltacabtagene autoleucel infusion. Serious hypersensitivity reactions, including anaphylaxis, may be due to the dimethyl sulfoxide (DMSO) in CARVYKTI™. Patients should be carefully monitored for 2 hours after infusion for signs and symptoms of severe reaction. Treat promptly and manage appropriately according to the severity of the hypersensitivity reaction.
Secondary Malignancies: Patients may develop secondary malignancies. Monitor life-long for secondary malignancies. In the event that a secondary malignancy occurs, contact Janssen Biotech, Inc., at 1-800-526-7736 for reporting and to obtain instructions on collection of patient samples for testing of secondary malignancy of T cell origin.
Effects on Ability to Drive and Use Machines: Due to the potential for neurologic events, including altered mental status, seizures, neurocognitive decline, or neuropathy, patients are at risk for altered or decreased consciousness or coordination in the 8 weeks following CARVYKTI™ infusion. Advise patients to refrain from driving and engaging in hazardous occupations or activities, such as operating heavy or potentially dangerous machinery during this initial period, and in the event of new onset of any neurologic toxicities.
ADVERSE REACTIONS
The most common non-laboratory adverse reactions (incidence greater than 20%) are pyrexia, cytokine release syndrome, hypogammaglobulinemia, hypotension, musculoskeletal pain, fatigue, infections of unspecified pathogen, cough, chills, diarrhea, nausea, encephalopathy, decreased appetite, upper respiratory tract infection, headache, tachycardia, dizziness, dyspnea, edema, viral infections, coagulopathy, constipation, and vomiting. The most common laboratory adverse reactions (incidence greater than or equal to 50%) include thrombocytopenia, neutropenia, anemia, aminotransferase elevation, and hypoalbuminemia.
Please read full Prescribing Information including Boxed Warning for CARVYKTI™.
About the Janssen Pharmaceutical Companies of Johnson & Johnson
At Janssen, we're creating a future where disease is a thing of the past. We're the Pharmaceutical Companies of Johnson & Johnson, working tirelessly to make that future a reality for patients everywhere by fighting sickness with science, improving access with ingenuity, and healing hopelessness with heart. We focus on areas of medicine where we can make the biggest difference: Cardiovascular, Metabolism, & Retina; Immunology; Infectious Diseases & Vaccines; Neuroscience; Oncology; and Pulmonary Hypertension.
Learn more at www.janssen.com. Follow us at@JanssenGlobal and @JanssenUS. Janssen Research & Development, LLC, Janssen Biotech, Inc. and Janssen Pharmaceutica NV are part of the Janssen Pharmaceutical Companies of Johnson & Johnson.
‡Saad Z. Usmani, M.D., M.B.A., F.A.C.P. has provided consulting, advisory, and speaking services to Janssen; he has not been paid for any media work.
Cautions Concerning Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding development CARVYKTI™ (ciltacabtagene autoleucel; cilta-cel). The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Janssen Biotech, Inc., Janssen Research & Development, LLC, any of the other Janssen Pharmaceutical Companies, and/or Johnson & Johnson. Risks and uncertainties include, but are not limited to: challenges and uncertainties inherent in product research and development, including the uncertainty of clinical success and of obtaining regulatory approvals; uncertainty of commercial success; manufacturing difficulties and delays; competition, including technological advances, new products and patents attained by competitors; challenges to patents; product efficacy or safety concerns resulting in product recalls or regulatory action; changes in behavior and spending patterns of purchasers of health care products and services; changes to applicable laws and regulations, including global health care reforms; and trends toward health care cost containment. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 2, 2022, including in the sections captioned "Cautionary Note Regarding Forward-Looking Statements" and "Item 1A. Risk Factors," and in Johnson & Johnson's subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. None of Janssen Biotech, Inc., Janssen Research & Development, LLC, the Janssen Pharmaceutical Companies nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments.
1 Gandhi UH, Cornell RF, Lakshman A, et al. Outcomes of patients with multiple myeloma refractory to CD38-targeted monoclonal antibody therapy. Leukemia 2019; 33: 2266–75.
2 Usmani, S. Phase 1b/2 study of ciltacabtagene autoleucel, a BCMA-directed CAR-T cell therapy, in patients with relapsed/refractory multiple myeloma (CARTITUDE-1): Two years post-LPI. Abstract #8028 [Poster]. Presented at the 2022 American Society of Clinical Oncology Annual Meeting.
3 Martin, Thomas et al. Ciltacabtagene Autoleucel, an Anti-B-cell Maturation Antigen Chimeric Antigen Receptor T-Cell Therapy, for Relapsed/Refractory Multiple Myeloma: CARTITUDE-1 2 Years Post Last-Patient-In. Journal of Clinical Oncology. doi: JCO.22.00842R1. In press.
4 van de Donk, N et al. Biological correlative analyses and updated clinical data of ciltacabtagene autoleucel (cilta-cel), a BCMA-directed CAR-T cell therapy, in patients with multiple myeloma (MM) and early relapse after initial therapy: CARTITUDE-2, cohort B. Abstract #8029 [Poster]. Presented at the 2022 American Society of Clinical Oncology Annual Meeting.
5 van de Donk, N et al. Biological correlative analyses and updated clinical data of ciltacabtagene autoleucel (cilta-cel), a BCMA-directed CAR-T cell therapy, in patients with multiple myeloma (MM) and early relapse after initial therapy: CARTITUDE-2, cohort B. Abstract #S185 [Oral]. To be presented at the 2022 European Hematology Association Congress.
6 Einsele, Hermann et al. Biological Correlative Analyses and Updated Clinical Data of Ciltacabtagene Autoleucel, a BCMA-Directed CAR-T Cell Therapy, in Lenalidomide-Refractory Patients With Progressive Multiple Myeloma After 1–3 Prior Lines of Therapy: CARTITUDE-2, Cohort A. Abstract #8020 [Poster]. Presented at the 2022 American Society of Clinical Oncology Annual Meeting.
7 CARVYKTI™ Prescribing Information. Horsham, PA: Janssen Biotech, Inc.
8 American Cancer Society. "What Is Multiple Myeloma?" Available at: https://www.cancer.org/cancer/multiple-myeloma/about/what-is-multiple-myeloma.html. Accessed May 2022.
9 Multiple myeloma - statistics. Cancer.Net. Available at: https://www.cancer.net/cancer-types/multiple-myeloma/statistics#:~:text=Worldwide%2C%20an%20estimated%20176%2C404%20people,worldwide%20died%20from%20multiple%20myeloma. Published March 31, 2022. Accessed June 3, 2022.
10 American Cancer Society. "Key Statistics About Multiple Myeloma." Available at: https://www.cancer.org/cancer/multiple-myeloma/about/key-statistics.html#:~:text=The%20American%20Cancer%20Society's%20estimates,men%20and%205%2C570%20in%20women. Accessed May 2022.
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SOURCE The Janssen Pharmaceutical Companies of Johnson & Johnson | https://www.wibw.com/prnewswire/2022/06/04/longer-term-data-cartitude-1-study-demonstrate-continued-deep-durable-responses-carvykti-ciltacabtagene-autoleucel-heavily-pretreated-patients-with-relapsed-or-refractory-multiple-myeloma/ | 2022-06-04T14:21:10Z |
Should you get your fourth booster shot now?
By Katia Hetter, CNN
More people can now get second COVID-19 booster shots after federal health officials announced they are allowing a broader group to get fourth doses of the two messenger RNA COVID-19 vaccines made by Pfizer/BioNTech and Moderna.
Adults 50 and older, who received three previous mRNA doses, can get a second booster dose if it’s been at least four months since their first one. Everyone who received two doses of the Johnson & Johnson vaccine can also receive an additional mRNA dose four months after their last booster.
Many people are wondering: Does it mean everyone is going to need an annual COVID-19 booster? Do we need booster shots even more frequently? Is it going to be combined with the flu shot? Are new vaccines going to be developed that target new variants? And should they wait to get the booster if they are eligible, or get it now?
To help answer these questions, I spoke with CNN Medical Analyst Dr. Leana Wen, an emergency physician and professor of health policy and management at the George Washington University Milken Institute School of Public Health. She is also author of “Lifelines: A Doctor’s Journey in the Fight for Public Health.”
CNN: Will everyone need a COVID-19 shot every year?
Dr. Leana Wen: We don’t know yet. There are a lot of variables here, and only time — and ongoing research — will tell.
First, we don’t know how long the immune protection from the vaccine and first booster will last. There is a lot of evidence that the first booster is very important. During a time when Omicron was the dominant variant, the effectiveness of three doses against severe disease remained high, at 94%, according to a study by the US Centers for Disease Control and Prevention. If this protection starts waning substantially, that would be a sign that another booster is needed.
Second, there may be new variants that develop over time. The influenza vaccine is given annually after it’s reconfigured every year for new mutations. The current vaccines work well against the Omicron subvariants, but if there are future variants that evade vaccine-induced immunity, that’s another reason for additional vaccinations.
Third, we need to monitor for how prevalent COVID-19 is. Right now, it is still rampant throughout the world, but if it ends up fading, regular booster doses may not be needed. As Dr. Anthony Fauci, President Joe Biden’s chief medical adviser, said to CNN, “Will it ultimately get to such a low level that we might not even need a boost every year?” That’s possible, but we don’t know yet.
Fourth, we need to see whether there is a clear seasonality to future COVID-19 outbreaks. Other coronaviruses that cause the common cold are more prevalent in the winter, as are other respiratory viruses like RSV (respiratory syncytial virus) and influenza. It’s likely that SARS-CoV-2 is, too, and there have been surges during winter months. This part, though, still needs to be seen in this coming fall and winter seasons.
Finally, there are logistical considerations to think about. Adding an annual vaccine is a big undertaking. The uptake of the influenza vaccine is already low; just only about half of Americans get it every year. With the misinformation and polarization around COVID-19, encouraging this level of frequency will be a big undertaking.
CNN: Right now, a second booster is already allowed four months after the first, which means that the current frequency is more than once a year. Could boosters be needed even more than once a year?
Wen: It’s possible. I want to emphasize that there is a lot we don’t know, simply because we don’t have the ability to foretell the future.
There are a couple of different scenarios that could occur. One is that certain groups of people may need more frequent vaccines. Recall that people who are moderately or severely immunocompromised have been recommended to get their additional booster for months. It’s possible that, going forward, certain more vulnerable populations will be recommended to get vaccines at a higher frequency than the general population.
In addition, there will also need to be contingencies if a new variant arises that evades prior immunity. There should be the option to develop, manufacture and quickly distribute variant-specific vaccines. If this happens, the frequency could end up being more than once a year for a particular time period.
Going forward, we have to consider the availability of other therapies and mitigation measures, too. For example, Evusheld is an antibody infusion that, when given to immunocompromised individuals, is very effective at reducing their likelihood of progression to severe illness. Antiviral pills and monoclonal antibodies are effective treatments when given early in the course of illness. And there are other preventive measures, including masking and testing before get-togethers, that can reduce risk, too.
CNN: If the COVID-19 vaccine is going to be given annually, would it make sense to combine it with the flu vaccine?
Wen: In theory, yes, but we just don’t know if the COVID-19 vaccine needs to be an annual shot.
There are other vaccines that last longer. The Tdap (tetanus-diphtheria vaccine), for example, requires a booster every 10 years. The polio vaccine is a four-dose vaccine — you get four doses, and you’re done. Hepatitis B is a three-dose vaccine.
It’s possible that COVID-19 could be three or four doses, and we’re done, or it may need to be updated more frequently like influenza. Again, we just don’t know yet. If it does end up being something that’s annual, and the seasonal pattern appears similar to influenza, then having a combined shot — or at least, getting it at the same time as the flu shot — would be sensible.
CNN: Why aren’t there variant-specific vaccines that target Omicron?
Wen: Scientists are working on these vaccines now. They are testing Omicron-specific vaccines and boosters to see if they could be even more effective than the original vaccines, which were targeting the previously dominant variants.
One consideration is that additional variants may arise, and scientists have to think about whether the Omicron-specific vaccines or the original vaccine — or some combination — will be most likely to be effective against potential variants in the future. This was among the many issues that advisers to the US Food and Drug Administration discussed in their meeting this week.
CNN: If people are eligible for boosters now, should they get them, or should they wait?
Wen: It depends on the individual’s medical circumstance and how much they are willing to give up to avoid COVID-19, as I mentioned in our CNN Q&A last week. Someone who is over age 65 and/or immunocompromised should probably get the additional booster now.
On the other hand, someone who is between ages 50 and 65, with no medical problems and recently had an Omicron infection, could probably wait. Some people might defer an additional booster as long as they are well-protected against severe illness. Others want to avoid any infection, even mild and asymptomatic infections. These are all personal decisions to be made in consultation with your medical provider.
CNN: What’s your booster advice for people under 50? Should people get their first booster? And should they go for their second?
Wen: Everyone should get their first booster if eligible. The question of the second booster is more complex. If the person is under 50 and moderately or severely immunocompromised, they should also get their second booster. Another group that should get their second booster, even if they are under 50, are those who received two doses of the Johnson & Johnson vaccine, and it’s been at least four months since their last dose. All other groups under 50 are not eligible to receive their second booster at this time and should not go for their second.
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The acquisition will bring deep feed additives expertise, global presence, and more wholesome food production.
MINNEAPOLIS and ENGERWITZDORF, Austria, June 23, 2022 /PRNewswire/ -- Consumer preferences for natural food production and consumption of animal-based products are growing. Plant-based feed additives have particularly high growth potential as a component of healthy animal feed. To support feed customers in this growing space, the world's leading agribusiness company Cargill today announced it has signed a binding agreement to acquire Delacon, the globally leading expert in plant-based phytogenic additives.
"After a successful five-year partnership, Cargill and Delacon will build upon their combined deep history and long-term commitment to scientifically driven, sustainable customer solutions focused on animal health, feed efficiency, and performance," said Adriano Marcon, Cargill animal nutrition president. "We're excited to expand our animal nutrition offerings with science-proven additives."
"Combining Cargill's animal health technologies with Delacon's phytogenics provides the next frontier for animal productivity and sustainable, wholesome food production," says Mike Johnson, leader of Cargill's animal health technologies business. "Joining together with Delacon's leading talent and technology to deliver improved profitability and performance for our customers."
The acquisition combines Cargill's global network and deep expertise in animal nutrition technologies with Delacon's pioneering knowledge and market experience in phytogenic feed additives, a category that uses a broad range of herbs, plants and their extracts, such as essential oils, to improve livestock and aquaculture performance and promote animal health.
The term phytogenic feed additive was coined by Delacon's founders in the 1980s. Phytogenics are standardized, specific and science-based combinations of bioactive compounds found in plants.
Specific combinations of bioactives have proven efficacy and sustainability. They can have a positive effect on nutrient digestibility, performance, support resilience, and at the same time contribute to the mitigation of greenhouse gas emissions from livestock. In addition, Delacon operates one of the largest industry-owned trial sites for phytogenic research.
Markus Dedl, Delacon's chief executive officer, shared his excitement, "It is my responsibility to assure the frame for Delacon's future growth, developing our ability to thrive, and taking phytogenic expertise to the next level. The acquisition will enlarge Delacon's scope for future innovations and make phytogenic feed additives more available globally. Together, Cargill and Delacon will accelerate the pace of innovation and drive strategic, long-term growth."
Upon closing, the acquisition grows the global presence and distribution of both organizations, adding nearly 150 talented people to Cargill's health technologies business in more than 25 countries around the world. The Delacon Hub in Engerwitzdorf, Austria, remains the strong center for phytogenic feed additives even after the acquisition.
With the addition of Delacon's plant-based phytogenic products, Cargill is further committed to research, innovation, sustainability and collaboration in the digestive and immune health space.
The acquisition is expected to close mid-2022, subject to customary closing conditions. The terms of the deal are not disclosed.
For more than 30 years, Delacon is dedicated to its vision to unlock the plant universe for better lives. Serving this purpose, the company manufactures plant-derived solutions for the livestock and aquaculture industry. Using the power of nature, they have proven efficacy in maximizing feed efficiency as well as a sustainable impact on animals, people, and the environment. Today, they are known worldwide under the term "phytogenics", and Delacon is recognized as the globally leading expert in this field.
Delacon has a team of about 150 people in 25 countries worldwide, 80 of them work mainly at the Delacon Hub in Engerwitzdorf, Austria. The Delacon Hub was completed in 2020 and unites production, laboratory and office building in one place. Delacon's phytogenics are exported to more than 80 countries,
For more information, visit delacon.com or phytogenius.com.
Cargill's 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive.
We combine 155 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture. For more information, visit Cargill.com and our News Center.
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Pence to rally with Kemp in Georgia in break with Trump
NEW YORK (AP) — Former Vice President Mike Pence will campaign with Georgia’s incumbent Republican Gov. Brian Kemp the day before this month’s GOP primary in his most significant political break with former President Donald Trump to date.
Kemp’s campaign announced Friday morning that Pence will headline a get-out-the-vote rally for Kemp on Monday, May 23rd, the day before the vote. That puts Pence in direct conflict with Trump-endorsed candidate David Perdue, who has been trailing in the polls. Kemp is one of Trump’s top targets this election cycle because of his refusal to cooperate with Trump’s efforts to overturn the results of the 2020 election.
“Brian Kemp is my friend, a man dedicated to faith, family and the people of Georgia,” Pence said in a statement. “I am proud to offer my full support for four more years of Brian Kemp as governor of the great state of Georgia!”
The news comes as Pence has taken steps to distance himself from Trump as the former congressman and Indiana governor considers a 2024 presidential run that could put him into direct competition with his former boss.
That has included calling out Trump by name. In February, Pence said Trump was “wrong” to insist that Pence had the power to unilaterally overturn the results of the 2020 election — a power vice presidents do not possess. In a separate speech before top Republican donors, Pence urged the GOP to move on from Trump’s election grievances and said there was “no room in this party for apologists” for Vladimir Putin after Trump praised the Russian leader’s maneuvering as “genius” before his brutal invasion of Ukraine.
“Elections are about the future,” Pence said in March. “My fellow Republicans, we can only win if we are united around an optimistic vision for the future based on our highest values. We cannot win by fighting yesterday’s battles, or by relitigating the past.”
In an interview with radio host John Fredericks on the conservative Real America’s Voice, Trump declined to unleash on Pence when asked about his decision to campaign with Kemp.
“Well, Mike is trying to get involved and he’s a very nice man,” he said. “But he really let us all down.”
The former president, meanwhile, continued to pan a trio of current and former Republican governors, including New Jersey’s Chris Christie, whom he had previously labeled “RINOs” — or “Republicans in Name Only” — for supporting Kemp.
“We have to fight these people,” Trump said Friday.
Earlier this week, Trump had said their support “tells you all you need to know about what you are getting in Georgia—just a continuation of bad elections and a real RINO if you vote for Brian Kemp.”
“Maybe the “R” in RINO really stands for re-elected,” Christie quipped back.
The Georgia race is a gamble for Trump, who notched a major victory in Ohio earlier this month when JD Vance, the candidate he endorsed, came from behind to win a competitive GOP Senate primary. But last week, his pick for governor in Nebraska, Charles Herbster, lost his primary amid groping allegations. And Trump faces further challenges ahead, including in Pennsylvania next week, where his pick for Senate, celebrity heart surgeon Mehmet Oz, is locked in a tight, three-way race.
Kemp had been substantially ahead of Perdue in polls in March and April, and many expect Kemp will be able to prevail without a June runoff, which would be triggered if no candidate won a majority of the vote.
Still, Trump voiced optimism for his candidate Friday, saying he’d been “hearing good things” about Perdue’s standing.
Perdue, a former senator, has also been lagging in fundraising and had about $900,000 cash on hand on April 30, less than a month before the May 24 primary, while Kemp had $10.7 million.
Trump’s political action committee last month gave $500,000 to a group running attack ads against Kemp — his first major spending in any race this cycle, despite entering the year with more than $120 million in cash.
The winner will face Democrat Stacey Abrams, who has raised more than $20 million so far and had $8 million in cash on April 30.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/13/pence-rally-with-kemp-georgia-break-with-trump/ | 2022-05-13T19:19:53Z |
Make your own pan pizza just like an Italian family-run pizzeria that Stanley Tucci visited
By Janelle Davis, CNN. Recipe from Adriano and Alfredo Lazzeri, Il Cavaliere Restaurant
Most people think pan pizza and they think of mega American pizza chains, but one family-run Italian pizzeria has been baking this classic for more than 60 years.
When Adriano Lazzeri’s father opened up Il Cavaliere Restaurant in 1958, pizza al padellino (meaning “pizza in a little pan”) was a brand-new concept. The restaurant in Turin, Italy, catered to factory workers, who went wild for it.
The base is a traditional Tuscan crust, inspired by the region where Lazzeri’s father grew up.
“The pan pizza has a very long leavening, in fact the dough is prepared already in the morning, it is spread in the pan and with the tomato sauce, it is left to levitate for many hours. This is how, once cooked in the old wood-burning oven, a crunchy, digestible and very tasty pizza remains,” the restaurant’s website explains.
Each pan pizza is a small personal pizza. Each customer gets to load it with their own customized toppings. When Tucci visited the restaurant while filming season two of “Stanley Tucci: Searching for Italy,” he picked sausage as his topping. He also added anchovies, following Chef Lazzeri’s recommendation.
“Usually, I like very thin pizza, but this is delicious, very creamy,” Tucci said after trying the dish.
Pizza al Padellino (Cast-Iron Pan Pizza)
Also known as Pizza al Tegamino
Look for 00 pizza flour, Manitoba 0 flour and type 1 flour at online baking or Italian specialty stores.
Makes 10 servings
Ingredients
600 grams | 5 cups 00 pizza flour, plus more for surface
300 grams | 2 1/2 cups Manitoba 0 flour
100 grams | 1 cup type 1 flour
30 grams | 1 tablespoon + 1 teaspoon sea salt
1/2 liter | 2 cups warm water
8 grams | 2.8 teaspoons brewer’s yeast
100 milliliters | 3.4 ounces extra-virgin olive oil, plus more for greasing pan
Sauce
700 grams | 3 cups tomato puree or peeled tomatoes (70 grams | 1/3 cup per portion)
800 grams | 2 1/2 cups fresh mozzarella (well-drained) (80 grams | 1/4 cup per portion)
Extra-virgin olive oil to taste
Sea salt to taste
Toppings (optional)
Artichokes, anchovies, olives, salami, ham, cherry tomatoes, onions, sausage
Equipment
8-inch (20-centimeter) cast-iron (padellino) or aluminum (tegamino) pan
Instructions
1. Preheat the oven to 200 degrees Celsius (400 degrees Fahrenheit). Start by gradually adding the 3 types of flour to a bowl, mixing together a little at a time. Combine all flours and then transfer half of the flour mixture into a separate bowl. Next, add the salt to 375 milliliters (1 1/2 cups) warm water and stir to dissolve in a large bowl. In a separate bowl, dissolve the yeast in the remaining 125 milliliters (1/2 cup) warm water. Keep the bowls separate.
2. Add the saltwater to the first bowl of flour. Then, add the oil and dissolved yeast to the same bowl.
3. Add the remaining mixed flour from the other bowl slowly and knead so it is smooth and soft, 15 to 20 minutes. When the dough doesn’t stick to your hands, the dough is ready. Roll out the dough on a lightly floured surface, spreading it with your hands. Stretch a piece of dough and fold it in the middle, take another edge of the same dough and fold it in the middle. Continue in the same way until the loaf is smooth and compact, about 10 minutes.
4. Option 1: Once the dough is finished, grease the pan well with extra-virgin olive oil, both on the bottom and along the edges. Add 160 to 200 grams (3/4 to 1 cup) dough. Season with tomato sauce: Add 70 grams (1/3 cup) tomato puree, 80 grams (1/4 cup) mozzarella and season to taste with extra-virgin olive oil and salt. Let the dough rest for 6 to 8 hours (in the winter, it may take 8 to 10 hours) in a dry place and away from drafts. Do not let the dough be exposed to the air, so it won’t dry out.
5. Option 2: Alternatively, knead the dough until smooth and soft, 15 to 20 minutes (this depends on the outside temperature). Cover the bowl with plastic wrap and leave to rise for 6 to 8 hours. Once the loaf has risen and doubled in size, grease the pan well with extra-virgin olive oil, both on the bottom and along the edges. Divide the loaf into 160 to 200 grams (3/4 to 1 cup) dough and place the loaf into the small pan and stretch it out with your hands until it covers the entire pan surface. Season with tomato sauce: Add 70 grams (1/3 cup) tomato puree, 80 grams (1/4 cup) mozzarella and season to taste with extra-virgin olive oil and salt.
6. Add any toppings of your choice.
7. Place the pan on the central rack of the oven and cook the pizza al padellino until the dough is crispy and looks golden brown about 25 minutes. Serve while it’s still hot.
This recipe is courtesy of Adriano and Alfredo Lazzeri of Il Cavaliere Restaurant in Turin, Italy.
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For more recipes, travel tips and insight on Italian culture, sign up for CNN’s Unlocking Italy newsletter. This eight-part newsletter will have you packing your bags in no time. | https://localnews8.com/entertainment/cnn-style/2022/05/22/make-your-own-pan-pizza-just-like-an-italian-family-run-pizzeria-that-stanley-tucci-visited-2/ | 2022-05-22T18:13:01Z |
CHICAGO, Aug. 9, 2022 /PRNewswire/ -- The recent pandemic revealed numerous shortcomings in relying on legacy on-premise applications and IT operations, strengthening arguments for a move to cloud computing across industries. With a greater number of employees transitioning to work remotely during the height of COVID-19, and businesses having to completely change their practices to accommodate fewer people on-site, remote data security, supply chain delays, demand for services and products decreases, and dramatic increases in inflation, there was more pressure than ever to adapt and transform quickly.
Microsoft Azure, a public cloud software giant, continues to achieve monumental growth with a 40% expansion in 2022, gaining the lead in the market share held by Amazon Web Services. In an article by Financial News Today, Wall Street analyst Phil Winslow states that the shift in the way businesses use the cloud contributes to Microsoft's strengths. Winslow points out that companies are "advancing in a multi-year strategic cloud-first transformation," making significant changes to the way they structure their IT infrastructure rather than just moving specific applications to the cloud. Winslow goes on to state that he believes enterprise customers who already have large investments in Microsoft technology in their own data centers are likely to choose Azure as a strategic cloud provider. "No company is better positioned than Microsoft to help organizations deliver on their digital imperative – so they can do more with less," stated Microsoft CEO Satya Nadella.
To make the transition to cloud more approachable, Microsoft developed the Solution Assessment program. 3Cloud, a premier Microsoft Partner, has conducted more Azure solution assessments than any other partner in the industry over the last 4 years, leading hundreds of organizations through the first step of their cloud journey. With over 700 Azure experts on staff, 3Cloud continues to grow faster than the rate of Azure market growth, ensuring that they will continue to lead the market in Azure adoption solutions. "When the pandemic hit in 2020, we witnessed our customers across every industry recognize the need to accelerate their digital transformation. They were struggling, and quickly realizing that the data and applications they needed to effectively run their business in this new environment were in dire need of modernization. 3Cloud knew we had to quickly support and engage with these clients to ensure that they survived and thrived in these unprecedented times," says Mike Rocco, 3Cloud Founder and CEO.
The strong relationship with Microsoft is a cornerstone of 3Cloud's proven success. This year they were awarded Microsoft Partner of the Year across multiple categories, including:
- Worldwide Winner Migration to Azure
- Worldwide Winner Solution Assessments
- US Winner Solution Assessments
- US Winner Modernizing Applications
- Worldwide Finalist Analytics
- Worldwide Finalist Healthcare & Life Sciences
3Cloud was selected from over 3,900 worldwide and 1,800 national partner nominations, for demonstrating excellence in digital innovation and modernizing clients' data estates and applications on the Microsoft Azure platform. "3Cloud has been a key partner to the Solution Assessment team since inception. They have continuously demonstrated how to lead customers to successful cloud outcomes across the U.S. via our portfolio of engagements and drive shorter time to value for our shared customers." – Chris Daniels, Microsoft GM US Solution Assessment Team
As a top Microsoft services partner focused 100% on the Azure platform, 3Cloud helps clients build, migrate, modernize, and manage their applications, infrastructure, data and analytics in the cloud. Founded by Mike Rocco and Jim Dietrich who served over 15 years together at Microsoft, 3Cloud combines a team of highly experienced cloud architects and technologists with a strong network of Microsoft sales and engineering relationships to deliver the ultimate Azure experience for clients. 3Cloud is headquartered in Chicago and serves clients throughout the U.S. To learn more, visit www.3cloudsolutions.com.
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SOURCE 3Cloud | https://www.mysuncoast.com/prnewswire/2022/08/09/pandemic-revealed-technology-deficits-microsoft-azure-is-growing-fill-gaps/ | 2022-08-09T18:18:23Z |
HOLLYWOOD, Fla., June 21, 2022 /PRNewswire/ -- Hard Rock International announced a partnership with American Express presents BST Hyde Park, AEG Europe's leading festival that rings in summer each year by taking over London, home of the brand's first ever Hard Rock Cafe that opened in 1971. This year's festival is running Friday, June 24 to Sunday, July 10 and will see legendary headliners take to the stage over three weekends. Performers include Elton John, The Rolling Stones and Eagles, plus a host of special guests for each show. These performances will be complemented by Hard Rock-sponsored festivities, sure to delight music lovers and festival attendees. BST Hyde Park's Open House also returns, offering a host of wonderful free activities between the weekends of music.
"As we reflect on half a century of Hard Rock, which started right here in London and has since expanded to reach all corners of the globe with venues in over 70 countries, we're thrilled to take part in such an iconic cultural celebration by helping extend access to music lovers and enrich the experiences of festival goers at BST Hyde Park," said Jim Allen, Hard Rock International Chairman.
Hard Rock Cafe will activate at BST Hyde Park with a cafe pop-up on the festival grounds and in the VIP section, where attendees can enjoy menu offerings without straying far from the excitement. Additionally, to support the next generation of artists that may someday be headlining festivals, Hard Rock is sponsoring one of the stages, Hard Rock Rising presents the Rainbow Stage, which will feature up-and-coming artists from around the world.
The Hard Rock Cafe locations will also have unique memorabilia on display including pieces from BST Hyde Park performers Elton John, The Rolling Stones, Eagles, Duran Duran and Pearl Jam, as well as memorabilia from other famed U.K. music greats.
"For 50 years Hard Rock has been associated with the biggest names in music," said Jim King CEO of European Festivals at AEG Presents. "We look forward to sharing their glorious history at BST Hyde Park this summer where music fans can enjoy the famous Hard Rock Cafe and the Hard Rock Rising Stage."
For more information and the full release visit https://news.hardrock.com/ or https://www.hardrockcafe.com/bst-hyde-park.aspx.
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SOURCE Hard Rock International | https://www.kxii.com/prnewswire/2022/06/21/hard-rock-international-partners-with-american-express-presents-bst-hyde-park-bring-uk-music-lovers-special-activations-amp-surprises/ | 2022-06-21T15:26:52Z |
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, Aug. 11, 2022 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") is pleased to provide an update on exploration activities at several projects and select mine sites. The Company's exploration focus remains on pipeline projects, near-mine opportunities and mineral reserve and mineral resource replacement and growth. Exploration highlights during the first half of 2022 include:
- Detour Lake – Conversion and expansion drilling continue to return promising results within and immediately adjacent to the current open pit, representing an opportunity to further optimize the recently updated mine plan. By the end of June 2022, more than 84,660 metres of drilling had been completed since the closure of the database in early February 2022 in connection with the most recent mineral resource estimate. Highlight intercepts of 1.1 grams per tonne ("g/t") gold over 55.9 metres at 354 metres depth and 1.4 g/t gold over 78.9 metres at 565 metres depth in hole DLM-22-425 in the Saddle Zone demonstrate the potential to deepen the pit and extend it further north. Step-out drilling returned 32.3 g/t gold over 4.8 metres at 955 metres depth in an intersection located more than two kilometres west of the open pit, demonstrating the potential for a significant extension of the deposit to the west that will be considered for underground mining opportunities
- Odyssey Underground Project at Canadian Malartic – Infill drilling continues to return strong results in the Odyssey South Zone, with recent results of 5.2 g/t gold over 17.0 metres at 359 metres depth. An initial mineral reserve estimate is expected at year-end 2022 and pre-commercial production from the Odyssey South orebody is expected to begin before the end of March 2023. Infill drilling also continues to return wide, high-grade intersections in the core of the East Gouldie deposit, with recent results including 4.9 g/t gold over 45.3 metres at 1,072 metres depth. Eastern extension and western extension of the deposit continues to be tested with recent results of 1.8 g/t gold over 62.9 metres at 1,580 metres depth, extending the zone 225 metres towards the west, filling the gap between the East Gouldie and the Norrie zones and providing potential for mineral resources addition
- Hope Bay – More than 46,000 metres of drilling have been completed year to date with seven drill rigs now operating at the Doris and Madrid deposits. Recent results at Doris confirm the potential to expand the deposit along strike to the north in the BTD Extension Zone and to the south in the Central and West Valley zones and demonstrate the potential for finding additional high grade fold-hinge structures below the historical zones with a recent intersection in the BTD Connector zone of 6.9 g/t gold over 32.2 metres at 495 metres depth
- Kirkland Lake Region – Following the merger with Kirkland Lake Gold Ltd. (the "Merger") that closed on February 8, 2022, the extension of the ramp from Macassa is now allowing drilling of the Amalgamated Kirkland ("AK") deposit from underground to complement surface drilling and accelerate the infill drilling of AK. The Company believes ore could be sourced for the Macassa mill in early 2024, which could provide flexibility to the operations. Recent results include a highlight intercept of 8.1 g/t gold over 13.8 metres at 208 metres depth. Infill drilling has also been completed at the Upper Beaver deposit, with a recent highlight intercept of 8.8 g/t gold and 0.54% copper over 12.0 metres at 1,600 metres depth. The Company's internal study on Upper Beaver is expected to be updated in 2023 taking into consideration synergy opportunities from the Merger
"The Company's ambitious exploration program for 2022 is yielding exciting results. At Detour Lake, the step-out drilling suggests good potential for an underground operation and extensions to the current open pits. At Canadian Malartic, the step-out drilling continues to significantly extend the East Gouldie deposit to the east and the west. At Hope Bay, the drill results confirm the expansion of the Doris deposit at depth with wide high grade intercepts, well ahead of our expectations," said Ammar Al-Joundi, Agnico Eagle's President and Chief Executive Officer. "In addition, we continue to generate significant exploration results at producing assets including Fosterville, Meliadine, LaRonde and Kittila. With these positive results, we are adding $30 million dollars to our exploration budget in 2022 as we aim to accelerate the realization of the full potential of existing operations and key projects in the Company's pipeline," added Mr. Al-Joundi.
Based on positive exploration results in the first half of 2022, a supplemental exploration budget of $30 million has been approved – The Company has numerous mines and pipeline projects with excellent potential to replace and increase mineral reserves and has prioritized assessing the full potential of its portfolio through exploration (see the Company's news release dated February 23, 2022 for a breakdown of the 2022 exploration budget). Positive exploration results in the first half of 2022 support the focused addition of supplemental budgets at several projects. An update on selected exploration programs and budgets is set out in the sections below.
Targeting growth of the Company's mineral reserves and mineral resources at year-end 2022 from a record level at year-end 2021 – At December 31, 2021, Agnico Eagle's proven and probable mineral reserve estimate totaled approximately 25.7 million ounces of gold, consisting of 2.4 million ounces of gold of proven mineral reserves (38.7 million tonnes grading 1.92 g/t gold) and of 23.3 million ounces of probable mineral reserves (298.3 million tonnes grading 2.43 g/t gold.) This was an increase of approximately 1.6 million ounces of gold (7%) and a 10% increase in grade compared with the prior year. At December 31, 2021, prior to the Merger, Kirkland Lake Gold's proven and probable mineral reserves totaled approximately 18.9 million ounces of gold, consisting of 3.7 million ounces of gold of proven mineral reserves (81.7 million tonnes grading 1.41 g/t gold) and of 15.2 million ounces of probable mineral reserves (502 million tonnes grading 0.94 g/t gold).
For a breakdown of the Company's mineral reserves and mineral resources as at December 31, 2021 by deposit refer to the Company's news release dated February 23, 2022. For Detour Lake's mineral reserves and mineral resources as at March 31, 2022 refer to the Detour Lake section of this new release and the Company's news release dated July 27, 2022.
A wide selection of recent drill results is compiled in a table in the Appendix to this news release, while highlight intercepts are set out in the sections below. Drill hole collar coordinates for the holes in this news release are also set out in the Appendix.
ABITIBI REGION, QUEBEC
Agnico Eagle is Quebec's largest gold producer with a 100% interest in the LaRonde complex (which includes the LaRonde and LaRonde Zone 5 ("LZ5") mines), the Goldex mine and a 50% interest in the Canadian Malartic mine. The Company has a multi-decade track record of exploration success in the Abitibi region, building on the discovery in the 1980s of the world-class LaRonde gold-rich polymetallic volcanic massive sulphide deposit, which has served as an operations and exploration hub that provides operating synergies to the Company's nearby mines and allows for the sharing of technical expertise.
LaRonde Complex – Three Underground Development Drifts Progressing Westward from LaRonde 3 Infrastructure; Drilling on Level 9 Tests Vertical Extension of Zone 3-1; Infill Drilling Confirms Grade and Width of Zone 11-3; Drilling Shows Potential for Westward Extension of LZ5 Mineralization
At the LaRonde complex, the Company now expects to spend approximately $14.8 million in 2022 to drill 43,500 metres and to develop, extend or rehabilitate three new exploration drifts on levels 9, 215 and 290 West from the LaRonde 3 infrastructure towards the west below the LZ5 mine workings.
A total of 13,434 metres of definition and exploration drilling was completed in the first half of 2022, amid a challenging environment for diamond driller staffing and as new exploration drifts are being developed for future drilling.
In the track drift on Level 9, a second drill station has been completed and a drill rig is now operating and targeting the down-plunge extension of the historical Bousquet Zone 3-1.
In the exploration drift on Level 215, the development is progressing faster than budgeted with a total of 1,015 metres developed in the first half of 2022. The rehabilitation work is completed, and the drift is currently being extended further to the west. Considering the good progress being made, the Company has allocated an additional $2.9 million budget to extend the exploration drift compared to the original February budget. A first drill is expected to be mobilized into the drift in the second quarter of 2023. The exploration drilling program from the Level 215 exploration drift will test vertical extensions between 1.5 and 3 kilometres depth of several known mineralized zones — Zone 3-1, Zone 3-4, the Bousquet 1 mine and the LZ5 mine — as the drift is advanced to the west.
In the exploration drift on Level 290 West, development progressed by 136 metres during the first half of 2022 before being paused until year-end to focus on Level 215 and other priority developments in the mine.
At the LZ5 mine, Zone 5 was extended to the west during the first half of 2022, with recent drilling highlights that included: 2.4 g/t gold over 18.1 metres at 692 metres depth in hole BZ-2021-008; 1.4 g/t gold over 16.0 metres at 1,017 metres depth in hole BZ-2021-009; and 2.1 g/t gold over 17.5 metres at 841 metres depth in hole BZ-2022-001. These wide and low-grade intercepts show the potential for the vertical and westward extension of Zone 5 mineral reserves and mineral resources onto the Company's 100%-owned Ellison property, which is immediately adjacent to the infrastructure at the LZ5 mine.
In Zone LR11-3, which is located at depth in the past-producing Bousquet 2 mine, infill drilling was completed to validate historical results and infill the zone prior to development in the ore. Gold production from LR11-3 development ore is expected to begin in late 2022 and full production is expected to start in the first half of 2023.
Selected recent drill results from Zone LR11-3 and the LZ5 mine are set out in a table in the Appendix and in the composite longitudinal map below.
[LaRonde Complex – Composite Longitudinal Section]
Goldex – Exploration Continues to Expand South Zone; Drilling Ongoing into Mineralization Below the Deep 2 Zone and in the West Area
At the Goldex mine, the Company expects to spend approximately $5.6 million in 2022 for 45,300 metres of drilling comprised of 39,300 metres of conversion drilling and 6,000 metres of exploration drilling, focused on the South Zone, M Zone, West area and at depth in the Deep 3 Zone.
The main target of exploration at Goldex in 2022 is the South Zone, which is located in the volcanic rocks south of the Goldex main deposit. The South Zone gold mineralization is hosted in multiple quartz-biotite-sulphide veins that have higher grades than those in the primary mineralized zones at Goldex.
Seven drills are currently active on the property and have completed a total of 22,036 metres of capitalized definition drilling and 1,697 metres of expensed exploration drilling during the first half of 2022.
Recent results from the western extension of the South Zone in Sector 2 include a highlight of 14.7 g/t gold over 3.0 metres at 955 metres depth in hole GD96-002. In the eastern extension of the South Zone, in Sector 3, the conversion drilling program continues to return excellent results, including 4.1 g/t gold over 20.0 metres at 1,291 metres depth in hole GD128-057. The Company expects that the South Zone will be an important contributor to the replacement of mineral reserves at Goldex at year-end 2022.
Exploration is also being conducted to test the deposit at depth below the Deep 2 mine and in the West area.
Selected recent drill results from Goldex are set out in the table in the Appendix and in the composite longitudinal section below.
[Goldex Mine – Composite Longitudinal Section]
Odyssey Project – Infill Drilling Progressing in the Odyssey South Zone with Expectations of Initial Mineral Reserves to be Declared at Year-end 2022 and Pre-commercial Production to Begin before the end of March 2023 from an Underground Ramp; Infill Drilling at East Gouldie Continues to Confirm Grade and Width in the Core of the Deposit while Exploration Drilling Continues to Expand the Zone to the East and West; Underground Development and Surface Construction Progressing on Schedule and on Budget
At the Canadian Malartic mine, the Company expects to spend approximately $11.9 million (50% basis) in 2022 for 136,800 metres (100% basis) of exploration and conversion drilling focused on aggressive infill drilling of the East Gouldie deposit to improve confidence in the mineral resource, to continue the conversion of inferred mineral resources to indicated mineral resources and to refine the geological model. With ramp development continuing as part of the Odyssey mine project, Canadian Malartic GP (the "Partnership") is conducting underground conversion drilling from the ramp.
Twenty drills are currently active on the property, with four underground drills completing infill drilling on the Odyssey South deposit, 12 surface drills focused on infilling and expanding the East Gouldie mineralization and four drills active in regional exploration. The Partnership drilled 95,030 metres (100% basis) during the first half of 2022.
Underground development in the first half of 2022 completed 685 metres of ramp and 2,622 metres of lateral development, with the ramp now reaching a depth of 380 metres below surface.
Selected recent exploration drill results from Odyssey South, East Gouldie and the regional program on the wider Canadian Malartic property portfolio are set out in a table in the Appendix and in the composite longitudinal section below.
[Canadian Malartic Mine – Composite Longitudinal Section]
Odyssey South
Drilling from underground gradually increased during the first half of 2022 as ramp development provided access to new diamond drill bays to test the Odyssey South and Odyssey Internal zones. Recent results continue to confirm the grades of these zones and the Company expects that the core portion of the Odyssey South deposit will be classified as mineral reserves at year-end 2022, with pre-commercial production to begin before the end of March 2023. The new underground access also allowed for additional drilling into the Odyssey internal zones where recent results continue to better define the continuity of zones within the porphyry, which is expected to have a positive impact on the mineral resources update at year-end.
East Gouldie
With the continued success at infilling East Gouldie at 75-metre spacing in the core of the deposit, the Company expects a significant portion of the East Gouldie deposit to be classified as indicated mineral resources at year-end 2022.
Recent expansion drilling to the west at depth is producing positive results, with highlight hole MEX22-231 returning 1.8 g/t gold over 62.9 metres at 1,580 metres depth in the western extension of the East Gouldie deposit approximately 225 metres west of the current mineral resources outline (previously reported on July 27, 2022). This intercept is approximately halfway between the East Gouldie deposit and the Norrie Zone to the west and shows the potential for East Gouldie to connect with other mineral inventories in the Norrie and South Sladen mineralized zones that are not yet classified as mineral resources.
Regional Exploration
In regional exploration at Canadian Malartic, the Company is planning to spend approximately $4.1 million (50% basis) in 2022 on 21,900 metres (100% basis) primarily to expand mineralization towards the east in the East Gouldie horizon and the new Titan zone at depth on the Rand Malartic property. During the first half of 2022, 18,896 metres (100% basis) were completed on the Rand Malartic, East Amphi and Midway properties.
Rand Malartic
On the Rand Malartic property, the priority remains to test the eastern extension of the East Gouldie deposit while also testing the eastern extension of the Odyssey North and Odyssey South zones associated with porphyry mineralization within the Piché Group. As previously disclosed during the first quarter of 2022, the Partnership repurchased the 2% NSR royalty on the Rand Malartic property for $7 million.
Recent hole RD20-4677B has intersected a new mineralized porphyry intrusion, returning 1.6 g/t gold over 29.3 metres (core length) at 1,208 metres depth approximately 820 metres east of the easternmost limit of Odyssey South Zone mineral resources, demonstrating potential to discover "Odyssey North and South" style of mineralization as exploration drilling advances towards the east.
In the eastern extension of East Gouldie, previously reported hole RD21-4689AA intersected 3.1 g/t gold over 7.9 metres (core length) at 2,537 metres depth, making it the deepest and easternmost drill hole to date. This intersection extends the East Gouldie mineralized corridor eastward by 500 metres, to approximately 1,700 metres east of the current mineral resources outline. Mineralization remains open to the east.
East Amphi and Camflo
Elsewhere on the Partnership's 13,582 hectare land position, exploration continues with work testing the deep extension of the East Amphi deposit and the ongoing compilation of all historical information around the Camflo deposit on the Camflo property, which the Partnership acquired in 2021.
The Camflo property lies to the north of the Odyssey project and includes the past producing Camflo mine which had historical production of approximately 1.6 million ounces of gold.
The Partnership's initial evaluation of the Camflo property has identified porphyry hosted gold mineralization that could potentially be mined via an open pit. Additional studies are underway to evaluate this mineralization and additional potential mineralization in adjacent rock types. A follow-up exploration program is planned for Camflo in 2023.
ABITIBI REGION, ONTARIO
Agnico Eagle acquired the Detour Lake and Macassa mines on February 8, 2022 as a result of the Merger. With the inclusion of these two assets in its portfolio, the Company is now Ontario's largest gold producer. Furthermore, the proximity of these mines to the Company's operations located in the Abitibi region of Quebec provides operating synergies and allows for the sharing of technical expertise.
Detour Lake – Drilling Confirms a Broad Corridor of Mineralization Extending from the Main Pit Continuing Through to the Planned West Pit; Potential to Continue Growing "Out-pit" Mineralization Two Kilometres West of the Current Resource Pit
At the Detour Lake mine, the Company expects to spend approximately $35.8 million in 2022 for 194,000 metres of capitalized drilling to expand mineral resources at depth and to the west, and $10.1 million for 40,000 metres for exploration drilling to continue to investigate the Sunday Lake Deformation Zone to the east and west of the current pit's mineral resources.
During the first half of 2022 at Detour Lake, the Company completed 99 holes totalling 108,023 metres of combined capitalized and expensed drilling. Approximately 84,660 metres of the drilling completed in the first half of 2022 was not included in the latest mineral reserve and mineral resource update for Detour Lake, which utilized a database that closed on February 5, 2022.
Selected recent drill intercepts from Detour Lake are set out in a table in the Appendix and in the plan map and composite longitudinal section below.
[Detour Lake Mine – Plan Map and Composite Longitudinal Section]
During the first half of 2022, drill results inside and proximate to the Saddle and future West Pit areas continue to confirm the presence of a broad corridor of mineralization extending from the Main Pit and continuing through to the planned West Pit. Recent results have been positive and are expected to support further resource upgrades and the identification of new resources north and below the current resource pit shell.
Highlights from recent drilling inside and near the future West Pit area include: hole DLM21-348A, which intersected 1.0 g/t gold over 41.0 metres at 488 metres depth and 5.0 g/t gold over 4.6 metres at 614 metres depth; hole DLM22-414, which intersected 2.1 g/t gold over 27.4 metres at 561 metres depth; hole DLM22-425, which intersected 1.1 g/t gold over 55.9 metres at 354 metres depth and 1.4 g/t gold over 78.9 metres at 565 metres depth; and hole DLM22-450W, which intersected 19.9 g/t gold over 2.7 metres at 315 metres depth and 2.2 g/t gold over 21.0 metres at 548 metres depth.
Drilling in the westerly plunge of the deposit both below and west of the future West Pit has continued to return wide intervals inclusive of a higher grade portion that support the potential to continue growing the "out-pit" mineralization, which now extends two kilometres west of the current resource pit. Recent drill results include the intersection of a new mineralized zone south and below the western extent of the West Pit resources.
Highlights from recent drilling below and immediately west of the West Pit include: hole DLM22-404W, which intersected 2.3 g/t gold over 88.2 metres at 806 metres depth, including 3.6 g/t gold over 45.1 metres at 822 metres depth; hole DLM22-446, which intersected 1.0 g/t gold over 53.0 metres at 691 metres depth and 2.1 g/t gold over 37.0 metres at 739 metres depth; hole DLM22-451, which intersected 1.8 g/t gold over 22.3 metres at 684 metres depth, and 1.0 g/t gold over 71.0 metres at 753 metres depth; and hole DLM22-422W, which intersected 13.1 g/t gold over 9.2 metres at 689 metres depth.
Continued drilling along the West Pit Extension has been encouraging, with mineralization occurring both within the Chloritic Greenstone (CG) unit, a marker horizon associated with mineral reserves and mineral resources in both the Main Pit and West Pit, and within altered mafic pillow flows, below and footwall to the CG unit, which is similar in nature to the mineralized zones in the West Pit.
In the first half of 2022, drilling intersected wide zones of mineralization with some containing high grade inclusions. In addition to holes highlighted in the July 27, 2022 news release (DLM22-448, which returned 32.3 g/t gold over 4.8 metres at 955 metres depth and hole DLM22-453, which returned 6.0 g/t gold over 5.6 metres at 940 metres depth and 4.9 g/t gold over 3.7 metres at 1,019 metres depth), hole DLM22-469 intersected 5.8 g/t gold over 13.1 metres at 917 metres depth, including 24.5 g/t gold over 2.6 metres at 913 metres depth; hole DLM-22-471 intersected 0.9 g/t gold over 30.3 metres at 951 metres depth and hole DLM22-430A intersected 3.6 g/t gold over 7.3 metres at 669 metres depth.
Results obtained during the first half of 2022 after the closure of the database on February 5, 2022, combined with results during the second half of 2022, are expected to have a positive impact on the mineral reserves and mineral resources estimate for the open pit at year-end 2022.
In addition, continued success in extending the mineralized zone outside of the pit towards the west is expected to result in an initial mineral resource estimate at year-end 2022 that would be the basis for potential underground mining scenarios. As part of the ongoing optimization of the Detour Lake mine, an evaluation of the underground potential has been initiated and is expected to be completed by year-end 2023.
Regional drilling planned at Detour Lake for the remainder of 2022 includes targets further west along the Sunday Lake Deformation Zone and the West Pit Extension. These targets have been optimized by the completion of ground geophysical surveying in the second quarter of 2022 which surveyed a 105 kilometre grid west and north of Hopper Lake along main structural trends. Investigative drilling East of the Main Pit is also planned to gather new geological information at depth in relatively untested ground.
As set out in the news release of July 27, 2022, the Company increased the mineral reserves at Detour Lake by 38% as at March 31, 2022 compared to the mineral reserves as at December 31, 2021.
At March 31, 2022, the Detour Lake mine is estimated to contain proven mineral reserves of 77.6 million tonnes grading 1.12 g/t gold for approximately 2.8 million ounces of gold and probable mineral reserves of 757.5 million tonnes grading 0.72 g/t gold for approximately 17.6 million ounces of gold.
Detour Lake's measured mineral resources totaled 1.3 million ounces of gold (27.8 million tonnes grading 1.44 g/t gold) and indicated mineral resources totaled 12.9 million ounces of gold (562.3 million tonnes grading 0.71 g/t gold) at March 31, 2022. In addition, Detour Lake contained inferred mineral resources of 1.8 million ounces of gold (75.2 million tonnes grading 0.75 g/t gold) at March 31, 2022.
Macassa and AK Deposit – Underground Drilling at Macassa Intersects High Grade Gold Mineralization on Four Mine Levels; New Exploration Ramp Provides Platform to Test AK Deposit from Underground; AK Surface Drilling Completed to Support Underground Project Development
With the completion of the Merger, Agnico Eagle's land position in the Kirkland Lake area of northeastern Ontario is now centered around the Macassa mine and covers over 29,469 hectares (approximately 35 kilometres long by up to 17 kilometres wide) of this prolific mining district. The Company's assets within the camp include the Macassa mine, the adjacent AK deposit, the Upper Beaver and Upper Canada deposits farther east as well as several other occurrences and adjacent joint venture interests.
This year at Macassa, the Company expects to spend approximately $20.3 million to develop exploration drifts to support 99,850 metres of capitalized drilling to expand mineral resources and $18.9 million for 89,700 metres of exploration drilling to investigate the South Mine Complex and Main Break along strike and at depth as well as the development of an exploration drift to support drilling and access to the AK deposit.
In the first half of 2022, the Company completed approximately 49,578 metres of underground drilling at Macassa, using up to nine underground drills on the 3400, 5100, 5300 and 5800 levels.
Selected recent drill intercepts from Macassa and AK are set out in a table in the Appendix and in the composite longitudinal sections below.
[Macassa Mine and AK Deposit – Composite Longitudinal Section]
[AK Deposit – Composite Longitudinal Section]
Drilling from the 3410 Incline targeted an underexplored area of the '04/Main Break west of historic mining areas.
The 5100 level drill program is targeting the '04 Break west of the Amikougami Cross Fault where little historic drilling was completed. At the end of the second quarter, a total of 6,863 metres of drilling had been completed in 16 holes, with hole 51-656 returning 3.7 g/t gold over 2.3 metres at 1,506 metres depth.
Drilling on the 5300 level was focused on extending and infilling the South Mine Complex to the east, with 13,009 metres of drilling completed in 36 holes during the first half of 2022. This program continues to see favourable results from both the extension and infill drilling with highlights including: 62.7 g/t gold over 2.0 metres at 1,635 metres depth in infill hole 53-4587; 47.3 g/t gold over 2.0 metres at 1,834 metres depth and 41.8 g/t gold over 2.0 metres at 1,841 metres depth in infill hole 53-4581; 14.2 g/t gold over 2.0 metres at 1,659 metres depth in extension hole 53-4552; and 14.1 g/t gold over 2.0 metres at 1,784 metres depth in extension hole 53-4544. Development advanced 185 metres in the first half of 2022 and included the excavation of two diamond drill bays.
Drilling on the 5300 level was also focused on extending and infilling the Lower South Mine Complex and South Mine Complex West. During the first half of 2022, a total of 6,477 metres of drilling was completed in 14 holes into these two targets, with highlights that include: 12.2 g/t gold over 2.0 metres (core length) at 1,946 metres depth in hole 53-4578 in the Lower South Mine Complex; and 30.9 g/t gold over 2.1 metres (core length) at 1,639 metres depth in hole 53-4580 in the South Mine Complex West.
Drilling from the 5807 Decline mainly tested the Deep Main Break east of Shaft #4 below the Kirkland Minerals property. Exploration development continued to advance in the first half of 2022 with 120 metres completed. At the end of the second quarter of 2022, a total of 11,040 metres of drilling had been completed in 21 holes, with highlights that include: 17.5 g/t gold over 2.0 metres at 2,362 metres depth in hole 58-730; 20.5 g/t gold over 1.7 metres at 2,211 metres depth in hole 58-723; and 12.7 g/t over 2.0 metres (core length) at 1,831 metres depth in hole 58-721. Drilling into this target will continue for the remainder of the year as development continues.
AK Deposit
Following completion of the Merger, the Company initiated development of an exploration decline from the existing near surface ramp infrastructure at Macassa to provide platforms to test the AK deposit from underground.
Mineralization at the AK deposit is generally vertical and controlled by quartz-carbonate veinlet envelopes that pinch and swell vertically and laterally, varying from 1 to 15 metres in thickness with local high grade, visible gold intercepts.
Out of a planned 982 metres, a total of 809 metres of exploration ramp development has been completed to date, including the excavation of five new underground drill platforms.
An underground diamond drilling program commenced in May 2022 and, by the end of the second quarter of 2022, a total of 3,068 metres of drilling from three platforms had been completed, testing the continuity of the higher-grade area of the AK deposit. Recent highlights from this underground program include: 14.1 g/t gold over 6.5 metres at 222 metres depth in hole KLAK-010; and 23.9 g/t gold over 2.0 metres at 112 metres depth in hole KLAK-011. This phase of the underground program at AK is on schedule for completion late in the fourth quarter of 2022.
Resource conversion drilling was also conducted from surface into the AK deposit, with 48 drill holes totalling 12,692 metres completed during the first half of 2022.
The surface infill drilling confirmed the grade, continuity and thickness of the higher-grade portions of the mineralized panel at AK. Recent highlights include hole KLAKC22-162 returning 8.7 g/t gold over 7.6 metres at 146 metres depth; and hole KLAKC22-152 returning 12.9 g/t gold over 12.6 metres at 171 metres depth.
Several deeper holes drilled into AK from the surface also returned positive results, including: hole KLAKC22-163W2, which intersected 18.3 g/t gold over 2.4 metres at 407 metres depth; and hole KLAKC22-166W2, which intersected 13.0 g/t gold over 2.5 metres at 496 metres depth.
The recent drill results from surface and underground will provide additional information for the technical evaluation of the AK deposit with an expected inclusion of AK mineralization in the mine's mineral reserves in 2023.
Once drilling from underground is advanced at AK, the Company will consider developing into the AK deposit and conducting a bulk sample. The AK deposit has the potential to be beneficial to the Macassa mine operation by providing a near surface, ramp accessible source of ore to supplement underground production.
The further expansion potential of the AK deposit is now being assessed, as the elimination of property boundaries as a result of the Merger simplifies targeting and exploration in the eastern extension of the deposit.
Regional exploration will also benefit from the recent land consolidation resulting from the Merger. The historic Main Break deposit of Kirkland Lake, where over 25 million ounces of gold have been produced historically, is now consolidated from its most western known extension at Macassa to the past-producing Sylvanite mine.
The Company has applied to obtain an Exploration License of Occupation for the Toburn mine, the easternmost past-producer on the Main Break. If granted this exploration license will permit the Company to carry out a comprehensive interpretation of the Main Break orebody and identify exploration targets similar to the South Mine Complex-type mineralization east of current mining operations at Macassa.
Upper Beaver – Resource Conversion Drilling Completed and New Target Areas Being Tested Outside the Mineral Resources Footprint
The Upper Beaver deposit is a gold-copper rich orebody that contains both vein and replacement-style mineralization. It extends from surface to approximately two kilometres below surface and remains open at depth. Gold mineralization occurs either as free/visible gold that is relatively common throughout the deposit or associated with sulphides. Copper mineralization occurs predominantly as chalcopyrite and occasionally as bornite in disseminations or in stringers/stockwork veinlets.
A total of 30 holes for 14,292 metres were drilled at the Upper Beaver project during the first half of 2022.
Selected recent drill intercepts from Upper Beaver set out in a table in the Appendix and in the composite longitudinal section below.
[Upper Beaver – Composite Longitudinal Section]
The recently completed resource conversion drilling program at Upper Beaver achieved multiple objectives that will benefit the technical evaluation and mineral reserve and mineral resource update expected in 2023. Among them, the recent drilling filled in gaps in the eastern portion of the Footwall Zone mineralized corridor, located between 800 and 1,000 metres below surface. Highlight intercepts include 16.7 g/t gold over 7.0 metres at 865 metres depth in hole KLUB22-751W3 and 12.4 g/t gold over 9.0 metres at 920 metres depth in hole KLUB21-137W5.
An increase in mineral resources is expected from this newly drilled gap area where no information was available for previous mineral resource estimates for Upper Beaver.
In addition, all drill holes targeting the gap areas of the Footwall Zone provided the opportunity to add drilling intercepts in the main Porphyry Zone, resulting in tighter spacing and increased confidence in the shape and continuity of the zone. For example, hole KLUB22-137W5, reported above, also returned 5.0 g/t gold over 14.1 metres in the Porphyry Zone at 839 metres depth.
Deeper conversion drilling also returned results confirming grades and thicknesses for both the Porphyry and Footwall zones of the Upper Beaver deposit. Hole KLUB21-328W11 returned 4.7 g/t gold and 0.3% copper over 7.0 metres at 1,550 metres depth in the Porphyry Zone and hole KLUB21-328W15 returned 8.8 g/t gold and 0.5% copper over 12.0 metres at 1,600 metres depth in the Footwall Zone.
With the resource conversion drilling completed, the focus of drilling at Upper Beaver has shifted outside of the mineral resources footprint to identify areas of potential future mineral resource growth and two areas have already delivered promising results.
Approximately 500 metres east of the main Upper Beaver deposit, hole KLUB22-172E intersected veining and alteration typical of the mineralization observed at Upper Beaver and assays returned 3.6 g/t gold and 1.1% copper over 1.2 metres (core length) at 1,550 metres depth. Follow-up hole KLUB22-172W2 returned 11.3 g/t gold and 0.1% copper over 0.7 metres (core length) at 1,464 metres depth in the same area, and more drilling is underway to further assess this new discovery.
To the west and approximately 800 metres north of the main Upper Beaver deposit, hole KLUB22-768 intersected low-angle veining with visible gold returning 11.5 g/t gold over 5.5 metres (core length) at 618 metres depth and 51.5 g/t gold over 5.2 metres (core length) at 629 metres depth. This mineralization is interpreted as the possible faulted and offset extension of the known North Basalt zone. Exploration drilling is ongoing to define the geometry of this new mineralization.
Regional exploration activity in the greater Upper Beaver area includes diamond drilling, geophysical and geochemical surveying, mapping and prospection. The objective is to develop additional mill feed for a future Upper Beaver mining operation, which includes target areas such as Upper Canada, Anoki-McBean, Munro and Bidgood.
NUNAVUT REGION
Agnico Eagle has identified Nunavut as a politically attractive and stable jurisdiction with enormous geological potential. With the Company's Meliadine mine and Meadowbank complex (including the Amaruq satellite deposit), together with the Hope Bay project and other exploration projects, Nunavut is a strategic operating platform that builds on the Company's established infrastructure, access roads, procurement synergies and the region's tremendous geological potential, with the ability to generate strong gold production and cash flows over several decades.
Meliadine – Significant Exploration and Conversion Results from Pump Deposit Near Surface and Down-Plunge at Depth
The Meliadine property includes seven gold deposits, six of which are part of the current mine plan. Tiriganiaq is the largest of the deposits with a strike length of approximately 3.0 kilometres at surface and a known depth of 812 metres.
Exploration during the first half of 2022 at the Meliadine mine site and surrounding areas totaled 35,606 metres, with work focused on three areas: deep exploration and conversion drilling at the Pump deposit, infill drilling of inferred mineral resources at depth in the Wesmeg and Tiriganiaq deposits and exploration drilling at the F-Zone deposit.
Selected recent exploration drill intercepts from the Pump deposit at the Meliadine property are set out in a table in the Appendix and in the plan map and composite longitudinal section below.
[Meliadine Mine – Plan Map & Pump Composite Longitudinal Section]
During the first half of 2022 at the Pump deposit, the Company completed 51 holes from surface totalling 16,890 metres to convert and expand the mineral resources at the Pump South and North zones.
The positive results from infill drilling at shallow depth into the Pump South Zone are expected to convert a portion of inferred mineral resources into indicated mineral resources in the eastern (main) ore plunge. Highlights include: hole M22-3364, which intersected 6.5 g/t gold over 4.1 metres at 143 metres depth; and hole M22-3361, drilled 36 metres to the east, which intersected 11.7 g/t gold over 4.2 metres at 125 metres depth. Other notable infill drilling results include hole M22-3362, drilled 51 metres further east, which returned 6.4 g/t gold over 5.4 metres at 76 metres depth; and hole M22-3360, drilled 93 metres east of hole M22-3364, which returned 9.4 g/t gold over 3.0 metres at 87 metres depth.
Approximately 200 metres deeper down-plunge in the same gold-mineralized oreshoot, hole M22-3380A intersected 9.3 g/t gold over 4.2 metres at 328 metres depth. Hole M22-3382A, drilled 33 metres to the east, intersected 7.7 g/t gold over 5.0 metres at 321 metres depth and hole M22-3384, drilled 80 metres east of hole M22-3364, intersected 20.4 g/t gold over 3.7 metres at 339 metres depth. These holes are expected to convert inferred mineral resources located between two substantial areas of indicated mineral resources.
In 2021, the exploration drilling program identified an important mineral inventory at the limits of the mineral resource along the main plunge. This year's follow-up drilling program has confirmed the grade, thickness and continuity of this new mineralized zone. Hole M22-3391, which returned 18.8 g/t gold over 5.3 metres at 565 metres depth, is expected to extend the inferred mineral resources down plunge. Hole M22-3401, drilled into inferred mineral resources located 106 metres to the east, returned 10.1 g/t gold over 5.0 metres at 488 metres depth.
Drilling of the Pump North and Pump South targets is planned to resume next winter. An internal study is underway of the underground portion of the Pump deposit and is due for completion in early 2023.
Elsewhere on the Meliadine property in the first half of 2022, a total of 18,716 metres of exploration and conversion drilling was carried out in Tiriganiaq and Wesmeg deposits from the newly developed exploration drift as well as from surface in the F-Zone deposit.
Based on recent success of the exploration programs at Meliadine in the first half of 2022, $6 million of the additional $30 million in exploration expenditure will be dedicated to drill an additional 40,000 metres to support mineral resources to mineral reserves conversion and the addition of mineral resources in the extensions of the known deposits.
Meadowbank – Infill Drilling at Whale Tail Underground Confirms Grade and Width of Stopes with Underground Production to Ramp Up in the Second Half of 2022; Exploration Drilling in Gap Between IVR Pit and IVR Underground Returns Positive Results; Deep Drilling Campaign Underway Below Whale Tail, IVR and Mammoth
The exploration program at Amaruq in 2022 is budgeted at $19.5 million for a planned 61,800 metres of exploration and conversion drilling, with 31,996 metres of drilling completed during the first half of 2022.
The exploration drilling in 2022 has several objectives: completing definition drilling of mineral resources to allow evaluation for possible Whale Tail Pit extension at its western end toward the Mammoth prospect as well as extending mineral resources at depth in the Whale Tail, IVR and Mammoth deposits; below the IVR pit, testing a gap between the open pit and the underground mineral resources; and continuing delineation drilling in the underground mine in the Whale Tail deposit to confirm the final shapes of stopes as production will gradually ramp up in the second half of 2022.
Selected recent drill intercepts from the exploration and conversion drilling at Amaruq are set out in a table in the Appendix and in the composite longitudinal section below.
[Meadowbank Complex – Amaruq Composite Longitudinal Section]
Underground infill drilling in the Whale Tail deposit during the first half of 2022 has increased confidence in the geological modelling of the deposit and better defined the stopes that are scheduled for production during the second half of 2022.
Highlights from this infill drilling include: hole AMQ-290-200-F1 returning 5.2 g/t gold over 7.2 metres at 285 metres depth and 5.5 g/t gold over 20.8 metres at 284 metres depth; hole AMQ-320-200-U1 returning 5.6 g/t gold over 27.0 metres at 305 metres depth; hole AMQ-320-201-U1 returning 3.4 g/t gold over 25.2 metres at 299 metres depth; hole AMQ-320-204-F1 returning 6.3 g/t gold over 20.0 metres at 314 metres depth; and hole AMQ-320-205-U1A returning 9.3 g/t gold over 21.2 metres at 282 metres depth.
Drilling into the gap between the IVR pit and the underground IVR mineral resources intersected significant mineralization that will likely contribute to increased mineral resources and the conversion of inferred mineral resources into indicated mineral resources in the upper portion of the underground IVR mineral resources. Highlights from this drilling include 6.8 g/t gold over 5.9 metres at 223 metres depth in hole AMQ21-2729, 5.3 g/t gold over 8.1 metres at 352 metres depth in hole AMQ21-2707A, 5.4 g/t gold over 9.5 metres at 296 metres depth in hole AMQ21-2745 and 20.3 g/t gold over 5.1 metres at 336 metres depth in hole AMQ21-2728A.
Drilling along the western limits of the IVR deposit resulted in highlights such as 13.5 g/t gold over 5.2 metres at 360 metres depth and 7.3 g/t gold over 3.3 metres at 401 metres depth in hole AMQ21-2690A. In the central portion of the IVR deposit, conversion hole AMQ21-2680 returned 6.0 g/t gold over 22.4 metres at 391 metres depth.
A deep drilling campaign began at Amaruq in late April with the objective of extending underground mineral resources under the Whale Tail, IVR and Mammoth known orebodies. To date, two deep holes at Whale Tail and two others at Mammoth were completed and intersected the targeted mineralized horizons, with all results pending. Drilling is also ongoing at IVR at depth where the deposit remains open.
Hope Bay – Drilling Tests Extensions of High-Grade Zones at Doris; Larger Production Scenarios Continue to be Evaluated
On February 18, 2022, the Company announced that it decided to maintain the suspension of production activities at the Hope Bay mine in order to dedicate the infrastructure of the Hope Bay site to exploration activities. Infrastructure work for water treatment and camp maintenance is also underway while the Company is studying larger production scenarios integrating the most recent results and the progress of the ongoing exploration campaign.
The exploration program is continuing to ramp up at Hope Bay, with 136 drill holes totalling 46,658 metres completed from surface and underground during the first half of 2022. Three drill rigs are now operating underground at the Doris deposit, three drill rigs are targeting deep extensions of the Doris deposit from surface and a seventh surface drill rig is operating at the Madrid deposit.
Doris Deposit
During the first half of 2022 at the Doris deposit, three drill rigs operating underground explored extensions of the BTD Extension, BTD Connector, Connector, Central and West Valley zones, and three drill rigs at surface tested deep extensions of the BTD Connector and BTD Central zones.
Selected recent drill intercepts from these zones extensions at Doris are set out in a table in the Appendix and in the composite longitudinal section below.
[Doris Deposit at Hope Bay Mine – Composite Longitudinal Section]
Drill results continue to demonstrate the excellent potential to grow the Doris deposit at depth below the dike in the BTD Extension and BTD Connector zones, and in the West Valley Zone above the dike to the south.
Drilling in the northernmost portion of the BTD Extension Zone has confirmed that the main hinge zone extends further north. Recent highlights include 20.9 g/t gold over 2.3 metres at 344 metres depth in hole HBDBE22-50888 and 20.9 g/t gold over 3.5 metres at 327 metres depth in hole HBDBE22-50886. Follow up drilling is ongoing in this area.
Drilling in the BTD Connector Zone has continued to confirm the northern and southern extensions of the West Limb and has extended the East Limb at depth. Recent highlights from BTD Connector include hole HBD22-036, which intersected 6.9 g/t gold over 32.2 metres at 495 metres depth, including 25.9 g/t gold over 5.0 metres at 494 metres depth; hole HBD22-030, which intersected 12.2 g/t gold over 7.1 metres at 492 metres depth; and hole HBD22-026, which intersected 20.4 g/t gold over 3.3 metres at 550 metres depth.
Drilling in the West Valley Zone has confirmed the extension of the zone by 77 metres to the south and above the dike, and the zone appears to continue into a gap of drilling immediately below the 210-metre level. Highlights from this drilling include; 25.4 g/t gold over 3.0 metres at 286 metres depth and 21.6 g/t gold over 3.1 metres at 292 metres depth in hole HBDWV22-50979; and 25.2 g/t gold over 3.4 metres at 250 metres depth and 14.1 g/t gold over 3.3 metres at 258 metres depth in hole HBDWV22-50953.
The results further demonstrate the potential to significantly grow the Doris mineral resources to support the development of additional underground exploration drifts and platforms to further confirm the size, shape and grade of these high-grade mineralized zone extensions.
During the second half of 2022 at Doris, work will continue extending the exploration drifts and investigating the deposit from underground and surface drill rigs.
Madrid Deposit
During the first half of 2022 at the Madrid deposit, one surface drill rig was in operation and mainly targeting the inflexion zone in the Naartok East area and the vertical extension of the Suluk zone.
The first result from the 2022 campaign at Madrid was from hole HBM22-040, which was drilled outside the Naartok East inflexion zone and intersected 7.0 g/t over 7.0 metres at 385 metres depth. Results from Suluk are pending.
During the second half of 2022, two drill rigs are planned to be in operation at Madrid targeting the Suluk vertical extension and the Naartok East Zone at greater depth.
The Suluk drilling will follow-up on two historical holes (HB03PMD225 and HBTMMSU-19-00023) that respectively returned 5.6 g/t over 9.0 metres at 540 metres depth and 10.8 g/t over 4.4 metres at 698 metres depth. These two holes are the deepest intersections of the Suluk Zone to date, and the zone remains open in all directions.
The Naartok East "below the dike" drilling will target areas below a barren (non gold-bearing) diabase dike where previous operators had ended their exploration holes. A recent reinterpretation of the geology at Naartok East and Naartok West suggests there is potential for near-surface gold mineralization to continue below the dike in a manner similar to the geological setting at the Doris deposit.
Selected recent drill intercepts from Madrid are set out in a table in the Appendix and in the composite longitudinal section below.
[Madrid Deposit at Hope Bay Mine – Composite Longitudinal Section]
Boston Deposit
The Boston deposit is located 60 kilometres south of the Doris processing facility and is accessible by helicopter support or via a winter trail for supply and has an airstrip for small fixed-wing aircraft.
At the camp, maintenance work is underway to refurbish the various facilities prior to resuming exploration drilling activities in the area in 2023.
The Boston deposit remains open in all direction with one of the best historical results at depth returning 56.6 g/t over 8.8 metres at 1,014 metres depth, demonstrating great potential to expand this high grade deposit further in all directions. There are also several near surface high grade occurrences that have not yet been drilled. Compilation and validation of the historical exploration database at Boston is underway, and the geological and structural models for the deposit will be updated to help generate new drill targets for the 2023 campaign.
Regional field exploration
This year's regional field exploration program began in early June, with geological teams set to evaluate more than 50 showings identified by previous explorers near current infrastructure in the northern portion of the Hope Bay property. The aim of the program is to increase understanding of the structural controls on mineralization and generate regional drill targets.
Exploration Plan and Budget
Based on recent success identifying deposit extensions and discovering new mineralized zones at depth in the Doris and Madrid deposits, the Company has allocated $24 million of the additional $30 million in exploration expenditure to continue drilling and development of exploration drifts at Doris in order to accelerate exploration from underground in the high potential areas that will ease future definition drilling for mineral resources conversion and mine development for future production resumption. The Company is now expected to spend approximately $56 million at Hope Bay in 2022 to develop new exploration drifts and for surface and underground exploration drilling at Doris and for surface exploration drilling on exploration at Madrid and other regional targets along the Hope Bay greenstone belt.
Exploration at Hope Bay is expected to continue through 2023 while larger production scenarios are being evaluated.
AUSTRALIA
Agnico Eagle acquired the Fosterville mine on February 8, 2022 as a result of the Merger. As the largest gold producer in the state of Victoria, Australia, the 100% owned Fosterville mine is a high-grade underground gold mine, located 20 kilometres from the city of Bendigo. The operation features low-cost gold production, as well as extensive in-mine and district scale exploration potential.
Fosterville – Exploration Ramp Completed Reaching the Robbins Hill Deposit; Drilling Extends the Lower Phoenix Zone
The Fosterville mine is hosted by Paleozoic rocks of the Bendigo zone. Gold mineralization is associated with high grade quartz lode within a wider refractory pyrite-arsenopyrite disseminated mineralization. The 2,857 hectare Fosterville mine property is surrounded by four exploration licences totalling 107,959 hectares and by 118,384 hectares of exploration (118,300 hectares) and mine (84 hectares) lease applications. The mineralization is hosted within the Fosterville and O'Dwyer's trends, which are parallel structures that host ore shoots associated with fold closures and multiple faulting and splay features.
Near mine exploration remains the main focus at Fosterville as the deposits remains open at depth, along plunge and laterally in the Lower Phoenix and Robbins Hill zones. A primary exploration objective at Fosterville remains to investigate for high grade quartz vein structures similar to the Swan Zone within the wider sulphide-mineralized envelope in the Lower Phoenix and Robbins Hill zones.
At the Fosterville mine in 2022, the Company expects to spend approximately $57.3 million for 234,000 metres of expensed and capitalized drilling and the completion of the Robbins Hill exploration ramp. During the first half of 2022 at the Fosterville mine, expensed exploration drilling totaled 26,957 metres and capitalized conversion drilling totaled 46,792 metres.
Recent results in the Lower Phoenix Zone from the Phoenix 3912 Drill Drive returned significant results in the down plunge extension of the zone. Close to the current limit of the mineral resources, hole UDH4378 returned 31.5 g/t gold over 8.0 metres at 1,581 metres depth, including 306.8 g/t gold over 0.7 metres at 1,583 metres depth. And approximately 81 metres away from the current mineral resources limit, hole UDH4372A returned 226.2 g/t gold over 1.4 metres at 1,716 metres depth, including 420.2 g/t gold over 0.8 metres, demonstrating the potential for the addition of mineral resources. Ongoing conversion and exploration drilling is aiming to fully replace the gold ounces mined out in 2022.
The decline into the Robbins Hill is now complete and is allowing access to drill into the mineral resources area. In the down plunge extension of the Robbins Hill, hole UDR003A returned 5.1 g/t gold over 6.1 metres at 1,377 metres depth, approximately 427 metres from the current mineral resource envelope, further demonstrating potential for the addition of mineral resources. Closer to the mineral resources area, hole UDR015 returned 68.0 g/t gold over 4.9 metres at 1,106 metres depth, including 390.2 g/t gold over 0.7 metres at 1,106 metres depth, approximately 75 metres away from the current mineral resources outline. The very high gold grades intersected in hole UDR015 down-plunge of the Robbins Hill mineral resources are due to the presence of visible gold in quartz vein mineralization — a style of mineralization similar to what is seen in the Swan Zone.
The ramp will now allow ongoing infill and expansion drilling with the objective of converting mineral resources into mineral reserves by year-end 2022.
Selected recent drill results from Fosterville are set out in the table in the Appendix and in the composite longitudinal sections below.
[Fosterville Mine – Composite Longitudinal Section]
[Lower Phoenix – Composite Longitudinal Section]
FINLAND
Agnico Eagle's Kittila mine in Finland is the largest primary gold producer in Europe. An underground shaft is under construction and is expected to be commissioned in late 2022 or early 2023.
Kittila – Drilling Confirms and Extends Main and Sisar Zones in Rimpi, Roura and Suuri Areas; Mineralization Confirmed in New Target Area Below Shaft Currently Under Construction
The Kittila mine and the Suurikuusikko property are hosted by Proterozoic rocks of the Svecofennian province. Gold mineralization is refractory with the gold occurring mainly associated with arsenopyrite and pyrite within the Suurikiisikko break. The large 20,466 hectare Kittila property hosts additional parallel structures that have similarities to the Suurikuusikko main break.
Near mine exploration remains the main focus as the deposit is open at depth and laterally and exploration drilling in recent years has succeeded in deepening the Kittila mineral resources limit by approximately 560 metres to 2,100 metres depth. A primary exploration objective at Kittila is to grow and develop the Sisar Zone as a new mining horizon parallel to the producing Main Zone.
At the Kittila mine in 2022, the Company expects to spend approximately $12.4 million for 69,600 metres of drilling focused on the Main zone in the Roura and Rimpi areas as well as the Sisar zone. The drilling includes 46,800 metres of capitalized conversion drilling at the mine and 22,800 metres of expensed exploration drilling. The expensed drilling is focused on targets beyond the current mineral reserve area, especially from 1,500 to 2,000 metres depth and at shallower depths in the area north of the mine.
During the first half of 2022 at the Kittila mine, exploration drilling totaled 35 holes (18,678 metres) and conversion drilling totaled 63 holes (21,518 metres).
Selected recent drill results from Kittila are set out in the table in the Appendix and in the composite longitudinal section below.
[Kittila Mine – Composite Longitudinal Section]
Deep exploration drilling is ongoing around hole ROD15-704D (reported in February 2016) in a target area located approximately 1,700 to 1,900 metres below surface in the Sisar Zone. In early 2022, drilling confirmed the potential to extend the gold mineralization in this target area, with highlight hole RIE21-700E returning two intercepts in the Sisar Zone of 6.3 g/t gold over 13.6 metres at 1,948 metres depth (released on February 23, 2022) and 5.7 g/t gold over 3.7 metres at 1,973 metres depth (released on April 28, 2022). Newly reported hole RIE21-700F intersected 3.0 g/t gold over 3.7 metres at 1,958 metres depth within the target area, further extending the Sisar zone at depth to the north.
At shallower depths in the northernmost portion of the Sisar Zone, hole RIE21-608 intersected 6.4 g/t gold over 4.9 metres at 1,067 metres depth, demonstrating the potential for further extension of the Sisar Zone to the north.
Exploration drilling completed in the first half of 2022 in the contact area between the Suuri and Roura areas extended gold mineralization down-plunge from the Suuri area within both the Main and Sisar zones. Highlights from this target area include: hole ROU21-600, which intersected 4.3 g/t gold over 6.0 metres at 1,046 metres depth in the Main Zone; hole ROU22-600, which intersected 7.0 g/t gold over 3.1 metres at 1,120 metres depth in the Sisar Zone; and hole ROU22-603, which intersected 5.3 g/t gold over 4.7 metres at 1,206 metres depth in the Sisar Zone.
Positive exploration results were also achieved further north in the Roura area. In the Main Zone, highlight intersections include 3.1 g/t gold over 7.7 metres at 1,058 metres depth and 4.8 g/t gold over 3.2 metres at 1,087 metres depth in hole ROD21-711B; 3.6 g/t gold over 6.2 metres at 1,057 metres depth in hole ROU22-605; and 3.7 g/t gold over 5.6 metres at 1,048 metres depth in hole ROD21-707. In the Sisar zone, hole ROD21-705 returned 5.2 g/t gold over 3.0 metres at 1,402 metres depth.
Exploration drilling is also ongoing in the deepest portion of the Suuri area in proximity to the proposed bottom of the new shaft currently under construction. In the Sisar Zone highlights from the first half of 2022 include 4.2 g/t gold over 4.7 metres at 1,121 metres depth in hole SUU22-600 and 3.8 g/t gold over 4.9 metres at 1,366 metres depth in hole SUU22-601. These intercepts have extended Suuri at depth, where mineralization in both the Main and Sisar zones remains open at depth and to the north and south.
MEXICO
Agnico Eagle's operations in Mexico have been a solid source of precious metals production (gold and silver) since 2009.
Pinos Altos – Drilling at Cubiro and Pinos Altos Deep Confirms and Extends High-Grade Gold Mineralization
At the Pinos Altos mine in 2022, the Company expects to spend approximately $4.3 million for 22,400 metres of drilling, including 17,400 metres of exploration expensed drilling and 5,000 metres of definition capitalized drilling.
Exploration drilling during the first half of 2022 focused on two targets: the Cubiro deposit, located nine kilometres northwest of the Pinos Altos mine site; and the deep extensions of the Cerro Colorado and Oberon de Weber zones at the Pinos Altos mine. The expensed exploration drilling totaled 7,671 metres and definition and conversion drilling totaled 2,238 metres.
At Cubiro, infill drilling was undertaken on the western part of the main Cubiro corridor. Exploration was also conducted to confirm and extend the North Cubiro structure laterally towards the southeast, leading to the discovery of a new mineralized ore shoot with a highlight result of 2.2 g/t gold and 24 g/t silver over 11.0 metres at 210 metres depth, including 10.0 g/t gold and 73 g/t silver over 2.7 metres in hole CBUG-22-175.
At the Pinos Altos Deep project, exploration holes were drilled in the vertical extension of the Cerro Colorado and Oberon de Weber zones, with the aim of extending structures at depth below the lowest production level. Highlights include 3.1 g/t gold and 301 g/t silver over 11.6 metres at 649 metres depth, including 4.1 g/t gold and 679 g/t silver over 5.8 metres at 648 metres depth in hole UG22-283.
Exploration at Pinos Altos will continue to investigate extensions of known mineralized zones and test new targets for the remainder of 2022.
Selected recent intercepts from drilling at the Cubiro deposit and the Pinos Altos Deep project at the Pinos Altos mine are set out in the table in the Appendix and in the plan map and composite longitudinal sections below.
[Pinos Altos Mine – Cubiro and Pinos Altos Plan Map]
[Pinos Altos Mine – Pinos Altos Composite Longitudinal Section]
[Pinos Altos Mine – Cubiro Composite Longitudinal Section]
La India – Drilling in Main Zone Shows Potential to Enlarge Open Pit to the West; Regional Exploration at La India Remains Focused on Chipriona Deposit and Other Sulphide Opportunities
At the La India mine in 2022, the Company expects to spend approximately $2.8 million for 13,000 metres of expensed exploration drilling near the mine and $3.0 million for 5,000 metres of expensed regional exploration drilling, field work including geological sampling, and new target generation.
Exploration drilling during the first half of 2022 had two objectives: testing the western extension of the Main Zone, with expensed exploration drilling totalling 5,412 metres (46 drill holes); and conducting infill drilling in the Chipriona deposit totalling 10,026 metres (58 drill holes). Regional exploration of early stage targets totaled another 5,038 metres (20 drill holes).
In the Main Zone, recent drilling has demonstrated a potential opportunity to enlarge the open pit towards an extension on the western fringe of the pit, with a recent highlight intersection of 1.1 g/t gold over 31.4 metres at 113 metres depth in hole INMRC22-2512.
Infill drilling at Chipriona continued to return high grade polymetallic mineralization throughout the deposit, with recent highlight intersections in hole CHP22-134 of 8.6 g/t gold, 452 g/t silver, 0.29% lead and 0.49% zinc over 14.5 metres at 139 metres depth, including 37.1 g/t gold, 1,520 g/t silver, 0.18% lead and 0.41% zinc over 3.0 metres at 134 metres depth. The Company is evaluating further drilling at Chipriona along strike to grow the mineral resources as it continues to study options to process sulphide ore at La India.
In regional exploration at La India, the Company continued to investigate for new oxide and sulphide mineralization targets including La Rocossa, Los Pinos, Ramona and Tres de Mayo.
Selected recent drill intercepts from the Main Zone and Chipriona deposit are set out in the table in the Appendix and in the plan map below.
[La India Mine – Chipriona Geology Plan Map]
Santa Gertrudis – Infill Drilling Program Targets Wide, Shallow Oxide Mineralization in Multiple Targets; Regional Exploration Grows Shallow Oxides and Investigates Potential for High-Grade Feeder System at Depth
At the Santa Gertrudis project in 2022, the Company expects to spend approximately $13.9 million for 43,150 metres of drilling, including 16,500 metres of infill drilling in the Cristina deposit and the series of deposits in the Zona Central trend as well as 26,650 metres of exploration drilling in several deposits including Amelia and Santa Teresa with a focus on growing mineral resources.
During the first half of 2022 at Santa Gertrudis, exploration drilling totaled 56 holes (26,780 metres) and infill drilling totaled 160 holes (14,712 metres).
Infill drilling completed in the first half of 2022 targeted shallow oxide mineralization in several deposits: Zona Central, Corridor Corral, Escondida, Greta and Cristina to advance scenarios to initiate mining in the oxide mineralization. Drilling at Cristina returned near-surface, broad intercepts of oxide mineralization. Highlights include 1.1 g/t gold over 54.8 metres at 59 metres depth in hole SG21-048 and 0.8 g/t gold over 34.0 metres at 45 metres depth in hole SG22-179.
Exploration drilling continued on several deposits during first half of 2022. At the Santa Teresa deposit, shallow oxide mineralization continued to grow with highlight results of 1.4 g/t gold over 9.6 metres at 123 metres depth in hole SGE22-567. At the Amelia deposit, exploration in the eastern, western and deep fringes of the deposit continued with highlight results of 5.3 g/t gold over 6.1 metres at 842 metres depth in hole SGE21-524. Elsewhere on the property, exploration continued to investigate for a high-grade feeder system below several shallow deposits including Toro, Centauro and Bertha with a highlight of 10.0 g/t gold over 6.1 metres at 72 metres depth in hole SGE21-525 in the Toro deposit.
Exploration at the Santa Gertrudis property for the rest of the year will continue the investigation by drilling of several targets generated by field work with the objective of growing the mineral resources while different scenarios for future project development are being considered.
Selected recent drill results from the Santa Gertrudis project are set out in a table in the Appendix and in the local geology map below.
[Santa Gertrudis Project – Local Geology Map]
About Agnico Eagle
Agnico Eagle is a senior Canadian gold mining company, producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of high-quality exploration and development projects in these countries as well as in the United States and Colombia. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading environmental, social and governance practices. The Company was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.
Further Information
For further information regarding Agnico Eagle, contact Investor Relations at info@agnicoeagle.com or call (416) 947-1212.
Forward-Looking Statements
The information in this news release has been prepared as at August 11, 2022. Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" under the provisions of Canadian provincial securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, that address circumstances, events, activities or developments that could, or may or will occur are forward looking statements. When used in this news release, the words "anticipate", "could", "estimate", "expect", "forecast", "future", "plan", "possible", "potential", "will" and similar expressions are intended to identify forward-looking statements. Such statements include, without limitation: the Company's forward-looking guidance, including metal production, estimated ore grades, recovery rates, project timelines, drilling results and life of mine estimates; the estimated timing and conclusions of technical studies and evaluations; the methods by which ore will be extracted or processed; statements concerning the Company's expansion plans at Detour, Kittila, Meliadine Phase 2, the Amaruq underground project and the Odyssey project, including the timing, funding, completion and commissioning thereof and production therefrom; statements about the Company's plans at the Hope Bay mine; statements concerning other expansion projects, recovery rates, mill throughput, optimization and projected exploration, including costs and other estimates upon which such projections are based; estimates of future mineral reserves, mineral resources, mineral production and sales; the projected development of certain ore deposits, including estimates of exploration, development and production and other capital costs and estimates of the timing of such exploration, development and production or decisions with respect to such exploration, development and production; estimates of mineral reserves and mineral resources and the effect of drill results on future mineral reserves and mineral resources; statements regarding the Company's ability to obtain the necessary permits and authorizations in connection with its proposed or current exploration, development and mining operations and the anticipated timing thereof; statements regarding operations at and expansion of the Kitilla mine; statements regarding anticipated future exploration; the anticipated timing of events with respect to the Company's mine sites; and statements regarding anticipated trends with respect to the Company's operations, exploration and the funding thereof. Such statements reflect the Company's views as at the date of this news release and are subject to certain risks, uncertainties and assumptions, and undue reliance should not be placed on such statements. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Agnico Eagle as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The material factors and assumptions used in the preparation of the forward looking statements contained herein, which may prove to be incorrect, include, but are not limited to, the assumptions set forth herein and in management's discussion and analysis ("MD&A") and the Company's Annual Information Form ("AIF") for the year ended December 31, 2021 filed with Canadian securities regulators and that are included in its Annual Report on Form 40-F for the year ended December 31, 2021 ("Form 40-F") filed with the U.S. Securities and Exchange Commission (the "SEC") as well as: that governments, the Company or others do not take additional measures in response to the COVID-19 pandemic or otherwise that, individually or in the aggregate, materially affect the Company's ability to operate its business; that cautionary measures taken in connection with the COVID-19 pandemic do not affect productivity; that measures taken relating to, or other effects of, the COVID-19 pandemic do not affect the Company's ability to obtain necessary supplies and deliver them to its mine sites; that there are no significant disruptions affecting operations; that production, permitting, development, expansion and the ramp up of operations at each of Agnico Eagle's properties proceeds on a basis consistent with current expectations and plans; that the relevant metal prices, foreign exchange rates and prices for key mining and construction supplies (including labour) will be consistent with Agnico Eagle's expectations; that Agnico Eagle's current estimates of mineral reserves, mineral resources, mineral grades and metal recovery are accurate; that there are no material delays in the timing for completion of ongoing growth projects; that seismic activity at the Company's operations at LaRonde, Goldex and other properties is as expected by the Company; that the Company's current plans to optimize production are successful; and that there are no material variations in the current tax and regulatory environment. Many factors, known and unknown, could cause the actual results to be materially different from those expressed or implied by such forward looking statements. Such risks include, but are not limited to: the extent and manner to which COVID-19, and measures taken by governments, the Company or others to attempt to reduce the spread of COVID-19, may affect the Company, whether directly or through effects on employee health, workforce productivity and availability (including the ability to transport personnel to fly-in/fly-out camps), travel restrictions, contractor availability, supply availability, ability to sell or deliver gold dore bars or concentrate, availability of insurance and the cost thereof, the ability to procure inputs required for the Company's operations and projects or other aspects of the Company's business; uncertainties with respect to the effect on the global economy associated with the COVID-19 pandemic and measures taken to reduce the spread of COVID-19, any of which could negatively affect financial markets, including the trading price of the Company's shares and the price of gold, and could adversely affect the Company's ability to raise capital; the volatility of prices of gold and other metals; uncertainty of mineral reserves, mineral resources, mineral grades and mineral recovery estimates; uncertainty of future production, project development, capital expenditures and other costs; foreign exchange rate fluctuations; financing of additional capital requirements; cost of exploration and development programs; seismic activity at the Company's operations, including the LaRonde complex and Goldex mine; mining risks; community protests, including by First Nations groups; risks associated with foreign operations; governmental and environmental regulation; the volatility of the Company's stock price; and risks associated with the Company's currency, fuel and by-product metal derivative strategies. For a more detailed discussion of such risks and other factors that may affect the Company's ability to achieve the expectations set forth in the forward-looking statements contained in this news release, see the AIF and MD&A filed on SEDAR at www.sedar.com and included in the Form 40-F filed on EDGAR at www.sec.gov, as well as the Company's other filings with the Canadian securities regulators and the SEC. Other than as required by law, the Company does not intend, and does not assume any obligation, to update these forward-looking statements.
Notes to Investors Regarding the Use of Mineral Resources
The mineral reserve and mineral resource estimates contained in this news release have been prepared in accordance with the Canadian securities administrators' (the "CSA") National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
For United States reporting purposes, the SEC adopted amendments to its disclosure rules (the "SEC Modernization Rules") to modernize the mining property disclosure requirements for issuers whose securities are registered with the SEC under the United States Securities Exchange Act of 1934, as amended (the "Exchange Act"), which became effective February 25, 2019. The SEC Modernization Rules more closely align the SEC's disclosure requirements and policies for mining properties with current industry and global regulatory practices and standards, including NI 43-101, and replace the historical property disclosure requirements for mining registrants that were included in SEC Industry Guide 7. Issuers were required to comply with the SEC Modernization Rules in their first fiscal year beginning on or after January 1, 2021, though Canadian issuers that report in the United States using the Multijurisdictional Disclosure System ("MJDS") may still use NI 43-101 rather than the SEC Modernization Rules when using the SEC's MJDS registration statement and annual report forms. Accordingly, mineral reserve and mineral resource information contained in this news release may not be comparable to similar information disclosed by United States companies.
As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of "measured mineral resources", "indicated mineral resources" and "inferred mineral resources." In addition, the SEC has amended definitions of "proven mineral reserves" and "probable mineral reserves" in the SEC Modernization Rules, with definitions that are substantially similar to those used in NI 43-101.
Investors are cautioned that while the SEC now recognizes "measured mineral resources", "indicated mineral resources" and "inferred mineral resources", investors should not assume that any part or all of the mineral deposits in these categories will ever be converted into a higher category of mineral resources or into mineral reserves. These terms have a great amount of uncertainty as to their economic and legal feasibility. Under Canadian regulations, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in limited circumstances. Investors are cautioned not to assume that any "measured mineral resources", "indicated mineral resources", or "inferred mineral resources" that the Company reports in this news release are or will be economically or legally mineable.
Further, "inferred mineral resources" have a great amount of uncertainty as to their existence and as to their economic and legal feasibility. It cannot be assumed that any part or all of an inferred mineral resource will ever be upgraded to a higher category.
The mineral reserve and mineral resource data set out in this news release are estimates, and no assurance can be given that the anticipated tonnages and grades will be achieved or that the indicated level of recovery will be realized. The Company does not include equivalent gold ounces for by-product metals contained in mineral reserves in its calculation of contained ounces and mineral reserves are not reported as a subset of mineral resources.
Scientific and Technical Information
The scientific and technical information contained in this news release relating to exploration, mineral reserves and mineral resources have been approved by Guy Gosselin, Eng. and P.Geo., Executive Vice President, Exploration and Eric Kallio, P.Geo, Executive Vice President, Exploration Strategy & Growth, each of whom is a "Qualified Person" for the purposes of NI 43-101.
Additional Information
Additional information about each of the Company's material mineral projects as at December 31, 2021, including information regarding data verification, key assumptions, parameters and methods used to estimate mineral reserves and mineral resources and the risks that could materially affect the development of the mineral reserves and mineral resources required by sections 3.2 and 3.3 and paragraphs 3.4(a), (c) and (d) of NI 43-101 can be found in the Company's AIF and MD&A filed on SEDAR each of which forms a part of the Company's Form 40-F filed with the SEC on EDGAR and in the following technical reports filed on SEDAR in respect of the Company's material mineral properties: 2005 LaRonde Mineral Resource & Mineral Reserve Estimate Agnico-Eagle Mines Ltd. LaRonde Division (March 23, 2005); NI 43-101 Technical Report Canadian Malartic Mine, Québec, Canada (March 25, 2021); Technical Report on the Mineral Resources and Mineral Reserves at Meadowbank Gold Complex including the Amaruq Satellite Mine Development, Nunavut, Canada as at December 31, 2017 (February 14, 2018); the Updated Technical Report on the Meliadine Gold Project, Nunavut, Canada (February 11, 2015); the Detour Lake Operation Ontario, Canada NI 43-101 Technical report as at July 26, 2021 (October 15, 2021); and the Updated NI 43-101 Technical Report Fosterville Gold Mine in the State of Victoria, Australia as at December 31, 2018 (April 1, 2019).
Note Regarding Drill Results Tables
The pierce points for the drill results in this news release are shown on accompanying composite longitudinal sections. The drill collar coordinates for each hole are set out in a table in the Appendix. Intercepts reported show uncapped and capped grades when appropriate over estimated true widths, based on geological interpretation that is being updated as new information becomes available with further drilling.
APPENDIX
Recent Selected Exploration Drill Results
LZ5 mine and Zone 11-3 at LaRonde complex
South Zone at Goldex
Odyssey South Zone and East Gouldie deposit at Canadian Malartic
Saddle, West Pit and West Pit Extension zones at Detour Lake
Macassa and AK deposit
Upper Beaver deposit at Kirkland Lake Regional
Pump deposit at Meliadine
IVR and Whale Tail deposits at Amaruq
Doris and Madrid deposits at Hope Bay
Fosterville
Main and Sisar zones in the Rimpi, Roura and Suuri areas at Kittila
Cubiro deposit and Pinos Altos Deep project at Pinos Altos
Main Zone and Chipriona deposit at La India
Santa Gertrudis
EXPLORATION DRILL HOLE COLLAR COORDINATES
SOURCE Agnico Eagle Mines Limited | https://www.mysuncoast.com/prnewswire/2022/08/11/agnico-eagle-provides-an-update-year-to-date-exploration-results-detour-lake-returning-high-grade-intercepts-up-2-km-away-current-open-pit-east-gouldie-delivering-solid-infill-conversion-results-step-out-drilling-east-west-hope-bay-returning-wide-high-grade-intersections-below-doris-deposit-exploration-amalgamated-kirkland-deposit-kirkland-lake-advancing-surface-underground/ | 2022-08-11T21:55:43Z |
DUBAI, United Arab Emirates (AP) — Iran’s paramilitary Revolutionary Guard seized an American sea drone in the Persian Gulf and tried to tow it away, only releasing the unmanned vessel when a U.S. Navy warship and helicopter approached, officials said Tuesday.
It was the first time Iran targeted the Navy’s Mideast-based 5th Fleet’s new drone task force.
While the interception ended without incident, tensions remain high between Washington and Tehran as negotiations over the Islamic Republic’s tattered nuclear deal with world powers hang in the balance.
The Guard’s Shahid Baziar warship attached a line to the Saildrone Explorer in the center of the Persian Gulf in international waters late Monday night, said Cmdr. Timothy Hawkins, a 5th Fleet spokesman. The vessel then began towing the Saildrone Explorer, which carries cameras, radars and sensors for remotely monitoring the sea, Hawkins said.
The USS Thunderbolt, a Navy coastal patrol boat, as well as an MH-60 Seahawk helicopter, moved to shadow the Guard’s ship. The Navy called the Shahid Baziar by radio to identify the drone as American, Hawkins said.
“Our response was one that as such made clear that this was U.S. government property and was operating in international waters and that we had every intention to take action if necessary,” the commander told The Associated Press.
Hawkins said the incident ended peacefully after some four hours as the Iranians unhooked the tow line to the drone and left the area as the American forces were nearby. Videos released by the Navy showed the Iranian vessel towing the drone with the Thunderbolt in pursuit.
U.S. Army Gen. Michael “Erik” Kurilla, who leads the military’s Central Command, praised the Thunderbolt’s crew for its response.
“This incident once again demonstrates Iran’s continued destabilizing, illegal and unprofessional activity in the Middle East,” he said in a statement.
Iran’s semiofficial Tasnim news agency, believed to be close to the Guard, alleged without providing evidence early Wednesday that the drone posed a danger to international shipping. Tasnim acknowledged the Guard released the vessel but tried to described the American account as “a Hollywood narrative and contrary to the truth.”
Iran’s mission to the United Nations did not respond to a request for comment from the AP.
The 5th Fleet launched its unmanned Task Force 59 last year. The 5th Fleet’s area of responsibility includes the crucial Strait of Hormuz, the narrow mouth of the Persian Gulf through which 20% of all oil passes.
It also stretches as far as the Red Sea reaches near the Suez Canal, the waterway in Egypt linking the Mideast to the Mediterranean, and the Bab el-Mandeb Strait off Yemen.
It also represents a region that has seen a series of at-sea attacks in recent years. Off Yemen, bomb-laden drone boats and mines set adrift by Yemen’s Houthi rebels have damaged vessels amid that country’s yearslong war. Near the United Arab Emirates and the Strait of Hormuz, oil tankers have been seized by Iranian forces. Others have been attacked in incidents the Navy blames on Iran.
Those attacks followed about a year after then-President Donald Trump’s 2018 decision to unilaterally withdraw from Iran’s nuclear deal, which saw sanctions on Tehran lifted in exchange for its drastically limiting its enrichment of uranium.
Iran now enriches uranium closer than ever to weapons-grade levels as officials openly suggest Tehran could build a nuclear bomb if it chose. Iran has maintained its program is peaceful, though Western nations and international inspectors say Tehran has a military nuclear program up until 2003. | https://cw33.com/news/nexstar-media-wire/navy-says-iran-seized-later-let-go-of-us-sea-drone/ | 2022-08-31T11:10:56Z |
BROOKVILLE, N.Y., June 8, 2022 /PRNewswire/ -- The Roosevelt School and the Society of Presidential Descendants today announced they will host an inaugural gala, honoring Doris Kearns Goodwin, a leading presidential historian, Pulitzer Prize winner and New York Times #1 best-selling author, for her career achievements.
The inaugural event will be held on June 11 at the LIU Post campus in Brookville. The schedule of events includes:
- Panel discussions led by the Society of Presidential Descendants entitled "Living in the White House," featuring personal stories of the Descendants' ancestors and reflections on their leadership.
- Symposium titled "What You Don't Know About Theodore Roosevelt" on the personal life and legacy of President Theodore Roosevelt hosted by his great-grandson Tweed Roosevelt, president and co-founder of The Society of Presidential Descendants, and chairman and professor at The Roosevelt School.
"Long Island University is a national leader in presidential studies, service learning, and civic education," said University President Kimberly R. Cline. "Our ambitious academic and research agenda provides opportunities for students to grow as thought leaders and innovators who will serve and inspire their communities."
The Gala will take place inside the "White House Experience" at The Roosevelt School, featuring replicas of the executive mansion's most famous rooms.
"The gala will be a unique opportunity for participants to hear personal stories direct from family members about their presidential ancestors," said Tweed Roosevelt. "We are proud to honor Doris Kearns Goodwin and bring together such renowned leaders to educate and encourage students to shape the future of our country."
For more information about the event, visit https://community.liu.edu/sopd_gala_2022.
The Society of Presidential Descendants includes direct descendants of one or more United States presidents who support the study of the presidency and advocate for civic engagement. The partnership between The Roosevelt School and Society of Presidential Descendants has garnered national recognition for:
- Founding National Civics Day, celebrated each year on October 27
- Awarding the prestigious Biennial Presidential Leadership Book Award in October 2021 to Ted Widmer, author of Lincoln on the Verge: Thirteen Days to Washington
- Hosting members of the Society as distinguished lecturers during the Roosevelt Conference on Leadership and Service
The Roosevelt School includes the Theodore Roosevelt Institute, a nexus for public seminars, research, and educational programs to develop leaders and advance policy while promoting the legacy of President Roosevelt; the Steven S. Hornstein Center for Policy, Polling, and Analysis, which conducts independent polling, empirical research, and analysis on a wide range of public issues; and the Global Service Institute, which brings together world leaders, dynamic thinkers and top analysts to empower service innovation and education for a sustainable world.
About Long Island University (LIU)
Long Island University, founded in 1926, continues to redefine higher education, providing high quality academic instruction by world-class faculty. Recognized by Forbes for its emphasis on experiential learning and by the Brookings Institution for its "value added" to student outcomes, LIU has a network of over 285,000 alumni, including industry leaders and entrepreneurs around the globe. Visit liu.edu for more information.
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SOURCE Long Island University | https://www.kxii.com/prnewswire/2022/06/08/long-island-universitys-roosevelt-school-amp-society-presidential-descendants-honor-doris-kearns-goodwin-inaugural-gala/ | 2022-06-08T16:42:26Z |
Negotiating Committee Addresses Members' Top Priorities; Local Union Leaders to Review Proposed Three-Year Agreement on June 16
WASHINGTON, May 31, 2022 /PRNewswire/ -- The Teamsters National Automobile Transporters Industry Negotiating Committee (TNATINC) reached a tentative national carhaul agreement this evening. If ratified, the three-year agreement will provide wage increases, increases to maintain health and welfare, additional paid time off and work rule improvements.
Details of the tentative agreement will be announced after leaders from local unions meet June 16 in Washington to review the proposal, which is required by the IBT constitution. Members will report to work as normal.
"This agreement addresses our members' top priorities. We will release more information once the local union leaders have the opportunity to review it," said Avral Thompson, Teamsters Carhaul Division Director and TNATINC Co-Chair. "I want to thank the negotiating committee for their hard work and dedication throughout the bargaining process. We are proud of what we have accomplished. This agreement will improve wages and benefits and will serve as a national model to organize hundreds of new carhaulers nationwide."
The current National Master Automobile Transporters Agreement (NMATA), which was set to expire today, May 31, at midnight, will be extended until members vote on the tentative agreement. Increases applied to wages, rates, etc. will be retroactive to June 1, 2022.
The tentative agreement will be presented at a June 16 meeting in Washington where two representatives from each local union representing members in the carhaul industry will decide whether to approve the contract. If the tentative agreement is approved by the two-person committee, it will be sent to the Teamsters' General Executive Board. Upon recommendation by the General Executive Board, the agreement will be submitted for a democratic ratification vote by the membership.
The NMATA covers more than 3,000 members at 29 Teamster locals nationwide.
Founded in 1903, the International Brotherhood of Teamsters represents 1.2 million hardworking men and women throughout the United States, Canada and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.
Contact:
Daniel Moskowitz, (770) 262-4971
dmoskowitz@teamster.org
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SOURCE International Brotherhood of Teamsters | https://www.mysuncoast.com/prnewswire/2022/06/01/teamsters-reach-tentative-carhaul-agreement/ | 2022-06-01T01:43:28Z |
Officers describe horror they saw after Parkland shooting
FORT LAUDERDALE, Fla. (AP) — Law enforcement officers who charged into Parkland’s Marjory Stoneman Douglas High School minutes after Nikolas Cruz fatally shot 17 in one of its buildings described for jurors Friday the horrific scene they encountered.
Two Coral Springs police officers and a Broward County sheriff’s deputy told of finding dead, dying and wounded students and staff members at the three-story classroom building where Cruz massacred 14 students and three staff members and wounded 17 more with an AR-15 semi-automatic rifle on Feb. 14, 2018.
“I observed a child dead on the ground on the left and there was smoke and dust in the air,” said Broward Sgt. Richard Van Der Eems in the flat, professional tone the officers all used. Worried that the shooter might still be in the building, he said he pointed his gun to provide cover as other officers led students and teachers out of the building and carried out the wounded. They didn’t know that Cruz had fled the building about three minutes earlier.
Van Der Eems and other officers entered the building immediately after arriving, about 10 minutes after the shooting began. Then-Broward Deputy Scot Peterson, the school’s security officer, is charged with child neglect for staying outside while Cruz continued shooting. He has pleaded not guilty and is scheduled for trial early next year. Other deputies were disciplined for failing to go into the building when they arrived.
The police in Uvalde, Texas, are being criticized for waiting more than an hour before confronting a gunman who killed 19 students and two teachers at an elementary school in May.
Coral Springs Capt. Nicholas Mazzei said that as he ran to the building, he found the body of assistant football coach Aaron Feis, who was shot trying to stop Cruz.
“I checked him for vitals, realized he was deceased,” Mazzei said. He said he then went inside and found athletic director Christopher Hixon, who later died of wounds he received while confronting Cruz. He said they talked, but prosecutors did not ask what was said.
Coral Springs Detective David Alfin said he climbed the stairs to the third-floor landing, where he found Cruz’s rifle and vest next to the body of 14-year-old Jaime Guttenberg.
“I checked her vital signs for breath and pulse and I found none,” he said, adding that he checked two or three times. “We held there for a moment and ... heard a voice from the hallway.”
He, Van Der Eems and others went to the third floor, where they found other bodies and a severely wounded Anthony Borges, who was lying in the middle of the hallway, raising his hand and trying to yell to get their attention.
The officers were shown photos of the victims they saw, but those weren’t immediately shared with the jury.
Friday’s session concludes a week of often emotional testimony covering the attack and Cruz’s attempted escape.
Cruz, 23, pleaded guilty in October to 17 counts of first-degree murder. The jury must only decide if he should be sentenced to death or life without parole for the nation’s deadliest mass shooting to go before a jury.
Nine other gunmen who killed at least 17 people died during or immediately after their shootings, either by suicide or police gunfire. The suspect in the 2019 slaying of 23 people at a Walmart in El Paso, Texas, is awaiting trial.
When jurors eventually get the case, probably in October or November, they will vote 17 times, once for each of the victims, on whether to recommend capital punishment.
For each death sentence, the jury must be unanimous or the sentence for that victim is life. The jurors are told that to vote for death, the prosecution’s aggravating circumstances for that victim must, in their judgment, “outweigh” the defense’s mitigators. A juror can also vote for life out of mercy for Cruz. During jury selection, the panelists said under oath that they are capable of voting for either sentence.
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Associated Press reporter Freida Frisaro in Fort Lauderdale, Florida, contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/22/officers-describe-horror-they-saw-after-parkland-shooting/ | 2022-07-22T19:20:01Z |
BLUE BELL, Pa., July 21, 2022 /PRNewswire/ -- AVASOFT, a NextGen products and solutions company, and an industry leader in accelerating the digital transformation for corporates and enterprises has earned ISO 27001:2013 certification for meeting the highest security requirements in the industry. With this certification, AVASOFT reaffirms its compliance with the highest standards of information security management and its potential to tackle new-age risks and vulnerabilities.
ISO 27001:2013 is a global standard for information security, published by the International Organization for Standardization (ISO). It empowers enterprises to manage the security of their information and assets. With more than 100+ requirements, this certification provides a solid security management framework to ensure the confidentiality, integrity, and availability of all corporate data like financial information, intellectual property, employee details, and HR processes.
"With the ever-changing digital landscape and enhanced information accessibility across multiple devices, adhering to the security standards can become tedious. With our deep expertise in threat intelligence and the cyber security landscape, we help enterprises adopt a security model that embraces 'Zero Trust' strategy. This ISO 27001:2013 certification reassures our partners, clients and prospects on the capabilities and expertise of our team in delivering robust cyber security solutions," said Hema Venkateshan, Cyber Security Practice Head.
ABOUT AVASOFT
AVASOFT, a NextGen products and solutions company with 14+ years of industry excellence, aims at accelerating the digital transformation of enterprises. We enable enterprise digital transformation by maximizing the ROI of modern workplace platforms (M365, Salesforce, ServiceNow), migrating from legacy data platforms to modern data landscape (Snowflake, Synapse, Databricks) with streaming solutions (PowerBI, Tableau, Qlik), and adopting cloud-native & DevOps practices(AWS, Azure, Containerization, Micro-frontend architecture). With our proprietary software delivery process called 'Vetri', we build future-ready organizations with the vision of a data-driven and customer-centric business model.
With a team of 1000+ members, AVASOFT unleashes the true potential of cutting-edge technologies to create maximum business impact. Headquartered in Blue Bell, Pennsylvania, and Plano, Texas for the US, Toronto for Canada, and Chennai for the Asia Pacific, AVASOFT serves enterprises across the globe to shape the future of software.
Dive into https://www.avasoft.com/ and explore more about our service offerings.
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MIAMI, June 24, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides second quarter 2022 business update.
- U.S. GAAP net loss of $1.8 billion and adjusted net loss of $1.9 billion for the second quarter of 2022.
- Cash from operations turned positive in the second quarter of 2022.
- Second quarter 2022 ended with $7.5 billion of liquidity, including cash, short-term investments and borrowings available under the company's revolving credit facility.
- Revenue increased by nearly 50% in the second quarter of 2022 compared to first quarter 2022, reflecting continued sequential improvement. For the cruise segments, revenue per passenger cruise day ("PCD") for the second quarter of 2022 decreased slightly compared to a strong 2019.
- Occupancy in the second quarter of 2022 was 69%, an increase from 54% in the prior quarter.
- Customer deposits increased $1.4 billion to $5.1 billion as of May 31, 2022 from $3.7 billion as of February 28, 2022.
- As of June 24, 2022, 91% of the company's capacity is in guest cruise operation.
- Booking volumes for all future sailings during the second quarter of 2022 were nearly double the booking volumes during the first quarter of 2022; the company notes these were its best quarterly booking volumes since the beginning of the pandemic.
As previously announced, effective August 1st, Arnold Donald, President and CEO, is being appointed Vice Chair of the Boards of Directors. Josh Weinstein, currently Chief Operations Officer for the company, will assume the role of President and CEO of Carnival Corporation & plc. At that time, Weinstein will also assume the role of Chief Climate Officer and become a Director on the Boards of Directors. A 20-year veteran of Carnival Corporation & plc, Weinstein has a long history of success in critical senior-level roles in the company. In his most recent assignment for the past two years as Carnival Corporation & plc's Chief Operations Officer, Weinstein oversaw several major operational functions including global maritime, global ports and destinations, global sourcing, global IT and global internal audit. During this time, he also oversaw Carnival UK, the operating company for P&O Cruises (UK) and Cunard, which he previously managed directly for three years as president. Prior to his role with Carnival UK, Weinstein was treasurer for the company for 10 years and an attorney in the corporate legal department for five years.
Carnival Corporation & plc President and CEO Arnold Donald noted, "With cash from operations turning positive and the company heading in the right direction, now is the time to transition leadership to the next generation. Josh Weinstein has the skill set ideally suited to take this company forward, including strong operating experience and in-depth industry knowledge cultivated over the past two decades. I am confident our positive momentum will continue under Josh's leadership and I remain confident in the long-term future of our company."
Carnival Corporation & plc's next President and CEO Josh Weinstein noted, "I am honored to lead this company as we push forward with a relentless long-term focus on driving revenue and returns to improve our balance sheet, while ensuring each brand provides an authentic cruise experience that resonates with their unique guest base, delivering value for our shareholders and our other many stakeholders."
Weinstein added, "It is truly humbling to support our exceptionally talented team—150,000 strong ship and shore—in this effort. They've accomplished so much during our restart, with incredible determination, perseverance and integrity. This gives me tremendous confidence and optimism about our future."
Second Quarter 2022 Results and Statistical Information
- Revenue increased by nearly 50% in the second quarter of 2022 compared to first quarter 2022, reflecting continued sequential improvement. For the cruise segments, revenue per PCD for the second quarter of 2022 decreased slightly compared to a strong 2019.
- Onboard and other revenue per PCD for the second quarter of 2022 increased significantly compared to a strong 2019.
- Occupancy in the second quarter of 2022 was 69%, an increase from 54% in the prior quarter.
- Available lower berth days ("ALBD") for the second quarter of 2022 were 16.7 million, which represents 74% of total fleet capacity, increasing from 60% in the first quarter of 2022.
- Adjusted EBITDA for the second quarter of 2022 was $(0.9) billion, an improvement over the first quarter of 2022.
- Total customer deposits increased $1.4 billion to $5.1 billion as of May 31, 2022 from $3.7 billion as of February 28, 2022.
- Cash from operations turned positive in April and was positive for the second quarter of 2022.
During the second quarter of 2022, the company issued $1.0 billion aggregate principal amount of senior unsecured notes due 2030, intended to refinance various 2023 debt maturities and invested $0.5 billion in capital expenditures. In addition, the company repaid $0.2 billion of debt principal and incurred $0.4 billion of interest expense, net during the quarter. The company ended the second quarter of 2022 with $7.5 billion of liquidity, including cash, short-term investments and borrowings available under the revolving credit facility.
Resumption of Guest Cruise Operations
Donald noted, "We are aggressively, yet thoughtfully, ramping up to full operations with over 90 percent of the fleet now in service. We are driving occupancy higher, while at the same time significantly increasing available capacity, resulting in a nearly 50 percent sequential improvement in revenue in the second quarter, despite facing constantly changing and far more restrictive protocols than broader society and travel at large."
Donald added, "Carnival Cruise Line, our largest brand, achieved consistently positive adjusted EBITDA beginning in March. Carnival Cruise Line also became our first brand to sail its entire fleet in May and is expecting occupancy to approach 110 percent during our third quarter."
As of June 24, 2022, 91% of the company's capacity is in guest cruise operation as part of its ongoing return to service. Five of the company's nine brands now have their entire fleet back in guest cruise operations, including Carnival Cruise Line, which became the first major cruise line in the U.S. to celebrate its entire fleet entering service. The company's enhanced COVID-19 protocols have helped it become among the safest forms of socializing and travel, with far lower incidence rates than on land.
While the company's adjusted cruise costs excluding fuel per ALBD (see Non-GAAP Financial Measures) have benefited from the sale of smaller-less efficient ships and the delivery of larger-more efficient ships, this benefit is offset by a portion of its fleet being in pause status for part of the year, restart related expenses, an increase in the number of dry-dock days, the cost of maintaining enhanced health and safety protocols, inflation and supply chain disruptions. The company anticipates that some of these costs and expenses will end in 2022. Additionally, the company continues to expect to see a significant improvement in adjusted cruise costs excluding fuel per ALBD from the first half of 2022 to the second half of 2022 with a mid-teens increase for the full year 2022 compared to 2019.
The COVID-19 global pandemic and its ongoing effects, inflation and higher fuel prices are collectively having a material impact on the company's business, including its results of operations, liquidity and financial position. In addition, as is the case with the travel and leisure sector generally, the company is making meaningful progress in resolving the challenges it is experiencing with onboard staffing which have resulted in occupancy constraints on certain voyages.
The company expects a net loss for the third quarter of 2022. For the full year 2022, the company continues to expect a net loss. The company continues to believe that adjusted EBITDA will improve with the ongoing resumption of guest cruise operations and continues to expect improvement in occupancy throughout 2022 until it returns to historical levels in 2023. The company expects positive adjusted EBITDA for the third quarter of 2022.
Fleet Optimization
Carnival Cruise Line – proudly known as America's cruise line – is teaming up with Costa Cruises – Italy's favorite cruise line – creating a new concept for Carnival's North American guests when COSTA® by CARNIVAL® debuts in the spring of 2023 and Costa Venezia joins the Carnival fleet. Costa Venezia will be followed by Costa Firenze arriving in the spring of 2024. Carnival will operate the ships, which will marry the great service, food and entertainment that Carnival's guests enjoy with Costa's Italian design features.
In addition, Carnival Cruise Line announced earlier this month that Costa Luminosa will join their fleet later this year and will start guest operations as Carnival Luminosa in November 2022. This will allow Carnival to finally start highly anticipated itineraries from Brisbane and have two ships operating in Australia for the high season Down-Under.
Furthermore, last week the company announced the removal of another smaller-less efficient ship from our fleet. This brings the planned removal to 23 smaller-less efficient ships since the beginning of the pause in guest cruise operations further reducing the company's rate of capacity growth.
Donald noted, "We continue to build on our fleet optimization efforts by reallocating capacity in a highly differentiated way to strengthen return on invested capital across our portfolio. In addition, we continue to further refine our fleet and have announced the removal of an additional smaller-less efficient ship. Upon returning to full operations, nearly a quarter of our capacity will consist of newly delivered ships, expediting our return to profitability."
Update on Bookings
Donald noted, "It is reinforcing to see continued strength in demand with our guests overcoming far more restrictive protocols than broader society and travel at large, leading to a near doubling of booking volumes since last quarter with near-term bookings even outpacing 2019. We were encouraged by close-in demand and remain focused on optimizing occupancy while preserving long term pricing."
Donald added, "As friction from protocols is removed and society becomes increasingly more comfortable managing the virus, we expect to see demand continue to build, as we have already seen with the strength in Carnival Cruise Line's closer-to-home cruises."
Booking volumes for all future sailings during the second quarter of 2022 were nearly double the booking volumes during the first quarter of 2022; the company notes these were its best quarterly booking volumes since the beginning of the pandemic, albeit still below 2019 levels. Booking volumes for the second half of 2022 sailings, since the beginning of April, have been higher than 2019 levels. The company believes this is a reflection of the previously expected extended wave season. (Due to the ongoing resumption of guest cruise operations, the company's current booking trends will be compared to booking trends for 2019 sailings.)
While cumulative advance bookings for the second half of 2022 are below the historical range, the company's booked position is consistent with its expected improving occupancy levels for the second half of 2022. Cumulative advance bookings for the second half of 2022 are at lower prices, with or without future cruise credits ("FCCs"), normalized for bundled packages, as compared to 2019 sailings.
Cumulative advanced bookings for the full year 2023 continue to be both at the higher end of the historical range and at higher prices, with or without FCCs, normalized for bundled packages, as compared to 2019 sailings.
Sustainability Update
Continued focus on decarbonization and transparency of disclosures
The company has made significant progress over the past 15 years reducing its carbon emission intensity and achieving its 2020 goal three years early (in 2017). The company has also made significant progress towards its 2030 carbon intensity reduction goals of 40% from a 2008 baseline, measured in both grams of CO2e per ALB-km and kilograms of CO2e per ALBD.
The company has decided to update the baseline year for both goals to 2019 from 2008. This new baseline year will help the company better communicate recent progress against its climate goals to its investors and stakeholders as well as modernize its disclosures in alignment with developing best practice and reporting standards. Both 2030 goals now require a 20% improvement from 2019. With the updated baseline year, the company strengthened its goal measured in kilograms of CO2e per ALBD since the initial 2030 goal would only have required a further 15% reduction from 2019 levels. Its goal measured in grams of CO2e per ALB-km remains the same.
Achieving these 2030 goals will require:
- The delivery of larger-more efficient ships, as part of its ongoing newbuild program, some of which will replace existing ships in its fleet
- Investing in energy efficiency projects for its existing fleet
- Designing more energy efficient itineraries
- Investing in port and destination projects
The company continues to evaluate and implement changes to its various annual planning processes to further support its focus on decarbonization, such as the recently adopted Corporate Itinerary Decarbonization Reviews. These changes, together with the updates to its 2030 carbon intensity reduction goals, will improve both performance in sustainability and transparency to its investors and stakeholders on its progress.
Advancing progress on circular economy through food waste management
In May the company announced the installation of nearly 600 shipboard food waste bio-digesters across its fleet, as a continuation of its efforts to manage food waste and contribute to a circular economy. First piloted in 2019, this food waste processing technology naturally breaks down food waste, which supports the company's ongoing waste management and drives progress against its goal to achieve a 30% reduction in unit food waste by 2022 and a 50% reduction in unit food waste by 2030. These goals build on the company's latest achievement of reducing food waste per person by over 20% in December 2021 relative to a 2019 baseline.
2024 Mandatory Auditor Rotation
Other Recent Highlights
- Carnival Cruise Line broke ground on its new cruise port destination on Grand Bahama Island, expected to open in late 2024.
- Carnival Cruise Line saw its busiest booking week in the company's history, for the one-week period of March 28 -April 3.
- Cunard saw its busiest booking day in a decade for the first day of bookings for new ship Queen Anne.
- Holland America Line's Volendam is being used to provide temporary housing for Ukrainian refugees through September 2022.
- Carnival Corporation was recognized on Forbes' annual listing of Best Employers for Diversity for the fourth consecutive year and by Latino Leaders Magazine as one of the Best Companies for Latino to Work in 2022 for the second consecutive year.
- Carnival Corporation and BetMGM announced their partnership to provide on-ship mobile sports betting and iGaming experiences.
Selected Forecast Information
Available Lower Berth Days ("ALBDs")
The company's ALBD forecast consists of contracted new ships, announced sales and planned restart schedule.
Fuel
The company's fuel consumption forecast for the remainder of the year is 1.4 million metric tons. The blended spot price for fuel is currently $978 per metric ton.
Depreciation and Amortization
The company's depreciation and amortization forecast for the remainder of the year is $1.1 billion. The 2022 full year forecast, which includes year-to-date actuals, is $2.3 billion.
Interest Expense, Net of Capitalized Interest
The company's interest expense, net of capitalized interest forecast for the remainder of the year is $0.8 billion. The 2022 full year forecast, which includes year-to-date actuals, is $1.6 billion.
Outstanding Debt Maturities
As of May 31, 2022, the company's outstanding debt maturities are as follows:
Capital Expenditures
The company's annual capital expenditure forecast, which includes year-to-date actuals for 2022, is as follows:
Conference Call
The company has scheduled a conference call with analysts at 10:00 a.m. EDT (3:00 p.m. BST) today to discuss its business update. This call can be listened to live, and additional information can be obtained, via Carnival Corporation & plc's website at www.carnivalcorp.com and www.carnivalplc.com.
Carnival Corporation & plc is one of the world's largest leisure travel companies with a portfolio of nine of the world's leading cruise lines. With operations in North America, Australia, Europe and Asia, its portfolio features – Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.
Additional information can be found on www.carnivalcorp.com, www.carnivalsustainability.com, www.carnival.com, www.princess.com, www.hollandamerica.com, www.pocruises.com.au, www.seabourn.com, www.costacruise.com, www.aida.de, www.pocruises.com and www.cunard.com.
Cautionary Note Concerning Factors That May Affect Future Results
Some of the statements, estimates or projections contained in this document are "forward-looking statements" that involve risks, uncertainties and assumptions with respect to us, including some statements concerning future results, operations, outlooks, plans, goals, reputation, cash flows, liquidity and other events which have not yet occurred. These statements are intended to qualify for the safe harbors from liability provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts are statements that could be deemed forward-looking. These statements are based on current expectations, estimates, forecasts and projections about our business and the industry in which we operate and the beliefs and assumptions of our management. We have tried, whenever possible, to identify these statements by using words like "will," "may," "could," "should," "would," "believe," "depends," "expect," "goal," "aspiration," "anticipate," "forecast," "project," "future," "intend," "plan," "estimate," "target," "indicate," "outlook," and similar expressions of future intent or the negative of such terms.
Forward-looking statements include those statements that relate to our outlook and financial position including, but not limited to, statements regarding:
Because forward-looking statements involve risks and uncertainties, there are many factors that could cause our actual results, performance or achievements to differ materially from those expressed or implied by our forward-looking statements. This note contains important cautionary statements of the known factors that we consider could materially affect the accuracy of our forward-looking statements and adversely affect our business, results of operations and financial position. Additionally, many of these risks and uncertainties are currently amplified by and will continue to be amplified by, or in the future may be amplified by, COVID-19. It is not possible to predict or identify all such risks. There may be additional risks that we consider immaterial or which are unknown. These factors include, but are not limited to, the following:
- COVID-19 has had, and is expected to continue to have, a significant impact on our financial condition and operations. The current, and uncertain future, impact of COVID-19, including its effect on the ability or desire of people to travel (including on cruises), is expected to continue to impact our results, operations, outlooks, plans, goals, reputation, litigation, cash flows, liquidity, and stock price.
- Events and conditions around the world, including war and other military actions, such as the current invasion of Ukraine, heightened inflation and other general concerns impacting the ability or desire of people to travel have and may lead to a decline in demand for cruises, impact our operating costs and profitability.
- Incidents concerning our ships, guests or the cruise vacation industry have in the past and may, in the future, impact the satisfaction of our guests and crew and lead to reputational damage.
- Changes in and non-compliance with laws and regulations under which we operate, such as those relating to health, environment, safety and security, data privacy and protection, anti-corruption, economic sanctions, trade protection and tax have in the past and may, in the future, lead to litigation, enforcement actions, fines, penalties and reputational damage.
- Factors associated with climate change, including evolving and increasing regulations, increasing global concern about climate change and the shift in climate conscious consumerism and stakeholder scrutiny, and increasing frequency and/or severity of adverse weather conditions could adversely affect our business.
- Inability to meet or achieve our sustainability related goals, aspirations, initiatives, and our public statements and disclosures regarding them, may expose us to risks that may adversely impact our business.
- Breaches in data security and lapses in data privacy as well as disruptions and other damages to our principal offices, information technology operations and system networks and failure to keep pace with developments in technology may adversely impact our business operations, the satisfaction of our guests and crew and may lead to reputational damage.
- The loss of key employees, our inability to recruit or retain qualified shoreside and shipboard employees and increased labor costs could have an adverse effect on our business and results of operations.
- Increases in fuel prices, changes in the types of fuel consumed and availability of fuel supply may adversely impact our scheduled itineraries and costs.
- We rely on supply chain vendors who are integral to the operations of our businesses. These vendors and service providers are also affected by COVID-19 and may be unable to deliver on their commitments which could impact our business.
- Fluctuations in foreign currency exchange rates may adversely impact our financial results.
- Overcapacity and competition in the cruise and land-based vacation industry may lead to a decline in our cruise sales, pricing and destination options.
- Inability to implement our shipbuilding programs and ship repairs, maintenance and refurbishments may adversely impact our business operations and the satisfaction of our guests.
The ordering of the risk factors set forth above is not intended to reflect our indication of priority or likelihood.
Forward-looking statements should not be relied upon as a prediction of actual results. Subject to any continuing obligations under applicable law or any relevant stock exchange rules, we expressly disclaim any obligation to disseminate, after the date of this document, any updates or revisions to any such forward-looking statements to reflect any change in expectations or events, conditions or circumstances on which any such statements are based. Forward-looking and other statements in this document may also address our sustainability progress, plans and goals (including climate change and environmental-related matters). In addition, historical, current and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future.
The ongoing resumption of guest cruise operations is continuing to have a material impact on all aspects of the company's business, including the above statistical information.
CARNIVAL CORPORATION & PLC
NON-GAAP FINANCIAL MEASURES
Data in the below table is compared against 2019 as it is the most recent year of full operations. 2021 and 2020 were impacted by the pause and ongoing resumption of guest cruise operations.
Consolidated cruise costs per ALBD, adjusted cruise costs per ALBD and adjusted cruise costs excluding fuel per ALBD were computed by dividing cruise costs, adjusted cruise costs and adjusted cruise costs excluding fuel by ALBD as follows:
Non-GAAP Financial Measures
We use adjusted net income (loss) and adjusted EBITDA as non-GAAP financial measures of the company's financial performance. We use adjusted cruise costs per ALBD and adjusted cruise costs excluding fuel per ALBD as non-GAAP financial measures of our cruise segments' financial performance. These non-GAAP financial measures are provided along with U.S. GAAP cruise costs per ALBD and U.S. GAAP net income (loss).
We believe that gains and losses on ship sales, impairment charges, gains and losses on debt extinguishments, restructuring costs and other gains and losses are not part of our core operating business and are not an indication of our future earnings performance. Therefore, we believe it is more meaningful for these items to be excluded from our net income (loss), and accordingly, we present adjusted net income (loss) excluding these items as additional information to investors.
We believe that the presentation of adjusted EBITDA provides additional information to investors about our operating profitability by excluding certain gains and expenses that we believe are not part of our core operating business and are not an indication of our future earnings performance as well as excluding interest, taxes and depreciation and amortization. In addition, we believe that the presentation of adjusted EBITDA provides additional information to investors about our ability to operate our business in compliance with the covenants set forth in our debt agreements. We define adjusted EBITDA as adjusted net income (loss) adjusted for (i) interest, (ii) taxes and (iii) depreciation and amortization. There are material limitations to using adjusted EBITDA. Adjusted EBITDA does not take into account certain significant items that directly affect our net income (loss). These limitations are best addressed by considering the economic effects of the excluded items independently, and by considering adjusted EBITDA in conjunction with net income (loss) as calculated in accordance with U.S. GAAP.
Adjusted cruise costs per ALBD and adjusted cruise costs excluding fuel per ALBD enable us to separate the impact of predictable capacity or ALBD changes from price and other changes that affect our business. We believe these non-GAAP measures provide useful information to investors and expanded insight to measure our cost performance as a supplement to our U.S. GAAP consolidated financial statements. Adjusted cruise costs per ALBD and adjusted cruise costs excluding fuel per ALBD are the measures we use to monitor our ability to control our cruise segments' costs rather than cruise costs per ALBD. We exclude our most significant variable costs, which are travel agent commissions, cost of air and other transportation, certain other costs that are directly associated with onboard and other revenues and credit and debit card fees, as well as fuel expense to calculate adjusted cruise costs without fuel. Substantially all of our adjusted cruise costs excluding fuel are largely fixed, except for the impact of changing prices once the number of ALBDs has been determined.
The presentation of our non-GAAP financial information is not intended to be considered in isolation from, as substitute for, or superior to the financial information prepared in accordance with U.S. GAAP. It is possible that our non-GAAP financial measures may not be exactly comparable to the like-kind information presented by other companies, which is a potential risk associated with using these measures to compare us to other companies.
Constant Currency
Our operations primarily utilize the U.S. dollar, Australian dollar, euro and sterling as functional currencies to measure results and financial condition. Functional currencies other than the U.S. dollar subject us to foreign currency translational risk. Our operations also have revenues and expenses that are in currencies other than their functional currency, which subject us to foreign currency transactional risk.
We report adjusted cruise costs excluding fuel per ALBD on a "constant currency" basis assuming the 2022 periods' currency exchange rates have remained constant with the 2019 periods' rates. These metrics facilitate a comparative view for the changes in our business in an environment with fluctuating exchange rates.
Constant currency reporting removes the impact of changes in exchange rates on the translation of our operations plus the transactional impact of changes in exchange rates from revenues and expenses that are denominated in a currency other than the functional currency.
Examples:
- The translation of our operations with functional currencies other than U.S. dollar to our U.S. dollar reporting currency results in decreases in reported U.S. dollar revenues and expenses if the U.S. dollar strengthens against these foreign currencies and increases in reported U.S. dollar revenues and expenses if the U.S. dollar weakens against these foreign currencies.
- Our operations have revenue and expense transactions in currencies other than their functional currency. If their functional currency strengthens against these other currencies, it reduces the functional currency revenues and expenses. If the functional currency weakens against these other currencies, it increases the functional currency revenues and expenses.
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SOURCE Carnival Corporation & plc | https://www.kxii.com/prnewswire/2022/06/24/carnival-corporation-amp-plc-provides-second-quarter-2022-business-update/ | 2022-06-24T13:28:59Z |
NEW YORK (AP) — Wall Street is back in the claws of a bear market as worries about inflation and higher interest rates overwhelm investors.
The Federal Reserve has signaled it will aggressively raise interest rates to try to control inflation, which is the highest in decades. Throw in the war in Ukraine and a slowdown in China’s economy, and investors have been forced to reconsider what they’re willing to pay for a wide range of stocks, from high-flying tech companies to traditional automakers. Big swings have become commonplace and Monday was no exception.
The last bear market happened just two years ago, but this is still a first for those investors that got their start trading on their phones during the pandemic. Thanks in large part to extraordinary actions by the Federal Reserve, stocks have for years seemed to go largely in only one direction: up. But the “buy the dip” rallying cry popular after every market slide has grown more fainter — a recent rebound in stock prices was wiped out by a furious bout of selling over the past four days.
Here are some common questions asked about bear markets
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WHY IS IT CALLED A BEAR MARKET?
A bear market is a term used by Wall Street when an index like the S&P 500, the Dow Jones Industrial Average, or even an individual stock, has fallen 20% or more from a recent high for a sustained period of time.
Why use a bear to represent a market slump? Bears hibernate, so bears represent a market that’s retreating, said Sam Stovall, chief investment strategist at CFRA. In contrast, Wall Street’s nickname for a surging stock market is a bull market, because bulls charge, Stovall said.
The S&P 500, Wall Street’s main barometer of health, slid 3.9% Monday to 3,749. That’s nearly 22% below the high set on Jan. 3. The Nasdaq is already in a bear market, down 32.7% from its peak of 16,057.44 on Nov. 19. The Dow Jones Industrial Average is more than 17% below its most-recent peak.
The most recent bear market for the S&P 500 ran from February 19, 2020 through March 23, 2020. The index fell 34% in that one-month period. It’s the shortest bear market ever.
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WHAT’S BOTHERING INVESTORS?
Market enemy No. 1 is interest rates, which are rising quickly as a result of the high inflation battering the economy. Low rates act like steroids for stocks and other investments, and Wall Street is now going through withdrawal.
The Federal Reserve has made an aggressive pivot away from propping up financial markets and the economy with record-low rates and is focused on fighting inflation. The central bank has already raised its key short-term interest rate from its record low near zero, which had encouraged investors to move their money into riskier assets like stocks or cryptocurrencies to get better returns.
Last month, the Fed signaled additional rate increases of double the usual amount are likely in upcoming months. Consumer prices are at the highest level in four decades, and rose 8.6% in May compared with a year ago.
The moves by design will slow the economy by making it more expensive to borrow. The risk is the Fed could cause a recession if it raises rates too high or too quickly.
Russia’s war in Ukraine has also put upward pressure on inflation by pushing up commodities prices. And worries about China’s economy, the world’s second largest, have added to the gloom.
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SO, WE JUST NEED TO AVOID A RECESSION?
Even if the Fed can pull off the delicate task of tamping down inflation without triggering a downturn, higher interest rates still put downward pressure on stocks.
If customers are paying more to borrow money, they can’t buy as much stuff, so less revenue flows to a company’s bottom line. Stocks tend to track profits over time. Higher rates also make investors less willing to pay elevated prices for stocks, which are riskier than bonds, when bonds are suddenly paying more in interest thanks to the Fed.
Critics said the overall stock market came into the year looking pricey versus history. Big technology stocks and other winners of the pandemic were seen as the most expensive, and those stocks have been the most punished as rates have risen. But the pain is spreading widely, with retailers signaling a shift in consumer behavior.
Stocks have declined almost 35% on average when a bear market coincides with a recession, compared with a nearly 24% drop when the economy avoids a recession, according to Ryan Detrick, chief market strategist at LPL Financial.
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SO I SHOULD SELL EVERYTHING NOW, RIGHT?
If you need the money now or want to lock in the losses, yes. Otherwise, many advisers suggest riding through the ups and downs while remembering the swings are the price of admission for the stronger returns that stocks have provided over the long term.
While dumping stocks would stop the bleeding, it would also prevent any potential gains. Many of the best days for Wall Street have occurred either during a bear market or just after the end of one. That includes two separate days in the middle of the 2007-2009 bear market where the S&P 500 surged roughly 11%, as well as leaps of better than 9% during and shortly after the roughly monthlong 2020 bear market.
Advisers suggest putting money into stocks only if it won’t be needed for several years. The S&P 500 has come back from every one of its prior bear markets to eventually rise to another all-time high.
The down decade for the stock market following the 2000 bursting of the dot-com bubble was a notoriously brutal stretch, but stocks have often been able to regain their highs within a few years.
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HOW LONG DO BEAR MARKETS LAST AND HOW DEEP DO THEY GO?
On average, bear markets have taken 13 months to go from peak to trough and 27 months to get back to breakeven since World War II. The S&P 500 index has fallen an average of 33% during bear markets in that time. The biggest decline since 1945 occurred in the 2007-2009 bear market when the S&P 500 fell 57%.
History shows that the faster an index enters into a bear market, the shallower they tend to be. Historically, stocks have taken 251 days (8.3 months) to fall into a bear market. When the S&P 500 has fallen 20% at a faster clip, the index has averaged a loss of 28%.
The longest bear market lasted 61 months and ended in March 1942 and cut the index by 60%.
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HOW DO WE KNOW WHEN A BEAR MARKET HAS ENDED?
Generally, investors look for a 20% gain from a low point as well as sustained gains over at least a six-month period. It took less than three weeks for stocks to rise 20% from their low in March 2020.
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Veiga reported from Los Angeles. __ Follow more of AP’s business coverage at https://apnews.com/hub/business. | https://cw33.com/business/ap-business/us-futures-point-to-a-bear-market-heres-what-that-means/ | 2022-06-14T06:53:26Z |
SAN FRANCISCO, Aug. 19, 2022 /PRNewswire/ -- BlueTape, a leading payments and financing provider for the construction industry, today announced the closing of a $50M debt funding led by Arcadia Funds and a $5M seed round led by Chicago Ventures. Other investors include construction industry executives, real estate developers, and Plug and Play Ventures.
This funding gives BlueTape the resources to continue providing payments and financing for the construction industry. BlueTape will increase lending, expand its team, and develop new products to help construction businesses address the nation's housing and infrastructure crisis.
The US construction industry market size is over $1.3 trillion, made up of over 3 million small and medium-sized businesses. Unfortunately, the industry lags behind others in technology adoption and has been neglected by traditional financial institutions. BlueTape blends affordable financing options with easy-to-use accounts receivable and invoice management tools. Construction pros can use BlueTape credit to buy building materials at any supplier and pay back over time. BlueTape has also forged a community of construction industry dealers and suppliers that offer BlueTape credit instantly to their trade customers. This allows the construction suppliers to lower their risk and improve their cash flow and customer experience.
"We are excited to partner with BlueTape to provide affordable financing on demand for this industry. With the current economic uncertainty, BlueTape is needed more than ever to help construction businesses of all sizes operate successfully and thrive," stated Andrew Hallowell, Managing Director and CEO at Arcadia Funds. "Arcadia is constantly on the lookout for these opportunities, having built a powerful portfolio over the past several years by helping similar agile and innovative lenders like BlueTape make lives better with credit."
Jackie DiMonte, partner at Chicago Ventures, said, "Given the team's background, we strongly believe BlueTape is the right company to tackle one of the fundamental obstacles for any construction business. They are paving the way for small businesses in the industry to have access to working capital and benefit from adopting new technology."
- Convenient funding: Quick access to much-needed funding for building materials keeps existing jobs moving and allows for more new revenue-generating projects.
- Designed for SMBs in Construction: Higher approval rate for small construction businesses than other solutions.
- Repay over time: Helping small businesses manage cash flow is more critical than ever in a time of inflation. BlueTape gives contractors up to 120 days to pay their building material invoices.
- Accepted at nation's top building material suppliers: BlueTape credit can be used at all the building suppliers that industry professionals use and trust.
- Easy to use: Managing invoices, collecting payments, and paying bills with BlueTape on mobile is simple and convenient for construction pros who are always on the move.
"We have had enormous demand from construction businesses for our services since we launched. Inflation and supply chain interruptions mean builders and contractors need more working capital. With the funding from Arcadia and Chicago Ventures, we will be able to help more construction companies get the financing and payments services they need to navigate economic uncertainty and supply chain issues," said Yaser Masoudnia, CEO and Co-Founder of BlueTape.
About BlueTape: BlueTape provides financing and payments for companies in the construction industry. Its innovative and easy-to-use payment and financing solutions have transformed payments in the construction industry. BlueTape offers construction pros a quick and hassle-free way to pay for building materials on the go. All loans on the BlueTape platform are originated by CBW Bank, member FDIC.
About Arcadia Funds: Arcadia Funds, LLC is a registered investment manager focused on identifying, partnering with and providing balance sheet capital to fintech and specialty finance originators. Since its inception in 2012, Arcadia-advised entities have purchased over $5.5 billion of unsecured consumer loans, secured and unsecured small business loans and secured specialized auto loans. For more information about Arcadia Funds, please visit www.arcadiafunds.com.
For more information, visit: BlueTape.com or follow us on Instagram, Facebook, LinkedIn, and Twitter.
Contact:
Sara Masoudnia
VP of Marketing
pr@bluetape.com
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SOURCE BlueTape | https://www.wibw.com/prnewswire/2022/08/19/bluetape-raises-55m-transform-financing-payments-smbs-construction-industry/ | 2022-08-19T11:34:26Z |
International investment fund IDC Ventures leads this series B financing round to drive the company's growth and strengthen its positioning as the leading digital payments and embedded financial services platform for all Mexicans
MEXICO CITY , July 6, 2022 /PRNewswire/ -- UnDosTres, the Mexican fintech leader in airtime top-ups, service payments and entertainment purchases, has announced the closing of a Series B investment round led by IDC Ventures for US$30 million. New investors such as Telegraph Hill Capital, AI8 Ventures and Benber LP have participated in the transaction, as have some of the company's existing investors such as IGNIA and Dalus Capital. This is the third round of investment the company has received since its founding in 2015.
UnDosTres goal is to integrate financial solutions into a digital platform, which mitigates inefficiencies associated with payments. The company's growth plan contemplates the development of a strategy of digital financial products based on technologies such as artificial intelligence and the promotion of differentiated payment ecosystems, which generate added value for the end consumer.
"We are very proud to close this round of financing led by IDC Ventures. This investment will allow us to offer Mexicans new payment options and financial services, including credit products" says Arpit Gupta, co-founder of UnDosTres. "UnDosTres has worked on innovative solutions to make life easier for Mexicans, eliminating inefficiencies related to traditional payments that meant a great waste of time in lines and unnecessary trips to multiple places like banks or convenience stores.... We are sure that as a company, if we continue solving for payments, we will be integrated into the daily life of the user".
The company was created in Mexico in 2015 by entrepreneurs Vikram Deswal, Naveen Sharma and Arpit Gupta and since then it has become one of the most important transactional platforms in the country; only in the last twelve months almost 1,000,000 users used UnDosTres to make their payments. From the beginning, the company was committed to developing a platform that would solve payment needs for Mexicans from the same place and without friction to use it, including more than 100 services, such as payments of electricity bills, water, gas, television or cell phone bills, among others. In addition, UnDosTres also allows the user to buy thousands of products and services (gift cards, movie tickets, transportation, electronics, etc.) and is in an accelerated process of developing financial and technological products under the premise "simple, fast, easy and secure" for the consumer.
"UnDosTres is building a super payments app, offering innovative and intuitive digital products to Mexicans," said Alejandro Rodriguez, managing partner at IDC Ventures. "We are excited to support a company that is actively improving the lives of so many people by revolutionizing the payments landscape in Mexico. As of today, 85% of Mexicans have never made online payments, we expect this to change soon thanks to UnDosTres".
"With this investment and technology development we will continue our consolidation and exposure as the digital consumer payments platform and the acceleration of a customer friendly solution for integrated financial services to reach that 40% of Mexicans who have not yet made any online transactions." Naveen Sharma, co-founder of UnDosTres, concluded.
UnDosTres is the leading platform in Mexico, founded in 2015, in free time recharges, payment of services and purchase of entertainment. It currently has more than 100 providers within its mobile application and web version, offering a unique experience to the consumer due to its speed, ease and comfort. Within its varied portfolio, there are telephone recharges, payment of water, electricity, television, fixed telephony, gas, electricity, purchase of gift cards, and electronics, in addition to offering microloans. Meet UnDosTres at: www.undostres.com.mx
IDC Ventures is an investment fund that finances innovative, digital and disruptive projects. IDC Ventures focuses on companies in the fintech and marketplace verticals in Europe, the United States, and Latin America. To date, it has raised more than 400 million dollars for technology companies and has supported projects such as Curve, Bipi, RecargaPay, Merqueo or Securitize among others. For more information visit: www.idcventures.com.
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Press contact:
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lourdes.pique@gpscom.com
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SOURCE UnDosTres | https://www.wibw.com/prnewswire/2022/07/06/payments-top-up-platform-undostres-raises-us30-million-develop-new-financial-products/ | 2022-07-06T16:43:07Z |
The Dallas Stars announced Peter DeBoer will be their new coach on Tuesday, a month after he was fired by the Vegas Golden Knights.
DeBoer, who previously led New Jersey and San Jose to the Stanley Cup Final in his first season with both of those clubs, was let go by the Knights after they missed the playoffs for the first time in the franchise’s five-season history. He had been their coach for 2½ seasons after replacing Gerard Gallant, who took Vegas to the Stanley Cup Final in its inaugural 2017-18 season and back to the playoffs in 2019.
Dallas was in the Stanley Cup Final two summers ago with Rick Bowness as their interim head coach before he got a two-year contract that went through this season. Bowness was 89-62-26 with two playoff appearances in his nearly three seasons.
“Pete brings a wealth of experience to our dressing room, and we’re thrilled to name him our next head coach,” Stars general manager Jim Nill said. “Every team that he has taken over has not only shown immediate improvement but has been ultra-competitive in the Stanley Cup playoffs. … His resume displays the high standards he sets and his ability to get his team to play up to that level consistently.”
This will be the fifth head coaching job for DeBoer, who over the past 14 seasons has coached Florida (2008-11), New Jersey (2011-15), San Jose (2015-20) and Vegas. He has a 513-379-123 record in 1,015 regular-season games. His 68-55 playoff record includes the Stanley Cup Final with the Devils in 2012, and four years later with the Sharks.
DeBoer will be the fifth coach for the Stars since Jim Nill became their general manager in April 2013. DeBoer follows Lindy Ruff, Ken Hitchcock, Jim Montgomery and Bowness.
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More AP NHL: https://apnews.com/hub/nhl and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/stars-hire-2-time-cup-final-coach-deboer-to-replace-bowness/ | 2022-06-22T17:50:36Z |
Couple marries in shelter in Ukraine amid ongoing war
By Omar Sachedina and Alexandra Mae Jones
Click here for updates on this story
DNIPRO, Ukraine (CTV Network) — Even in war-torn Ukraine, celebrations of love are still unfolding.
On Saturday, a couple got married in a refugee shelter in Dnipro, Ukraine, the bride wearing a donated dress and guests in jeans crowding into the shelter to wish them well.
The shelter, which is a former hotel that was initially slated for demolition prior to Russia’s invasion of the country, specifically houses those who have had to flee their cities or homes but haven’t left Ukraine. Dnipro is around 300 kilometres away from Mariupol.
Close to eight million people have been internally displaced within Ukraine, and Sergii and Polina are two of them. They had to flee their home of Rubizhne, a city in the eastern Donbas region that has suffered near constant bombardment.
What’s happening in Ukraine today: Live updates
The couple decided not to let the destruction around them get in the way of their love. Footage of their makeshift wedding shows them standing under an archway decorated with purple flowers to take their vows, and walking into a small reception room to the sound of applause.
“There is love — even in war,” Polina told CTV News.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
Sonja Puzic | https://localnews8.com/news/2022/05/02/couple-marries-in-shelter-in-ukraine-amid-ongoing-war/ | 2022-05-02T14:45:27Z |
Fourteen years after she was sent to Texas' death row, Melissa's Lucio will finally get the chance to have new evidence of her innocence claims examined in state court.
Lucio, 53, was set to be executed Wednesday for capital murder in the 2007 death of her 2-year-old daughter. But two days before that, the Texas Court of Criminal Appeals granted her a stay of execution, delaying her death so Lucio's trial court can explore whether she should receive a new trial.
The mother of 14, her family and attorneys say she was wrongfully convicted in her toddler Mariah's death. While prosecutors argued at trial that Lucio was an abusive mother who caused the injuries that led to the girl's death, Lucio's attorneys say those injuries were the result of a fall down stairs two days earlier outside the family's apartment.
To help decide whether Lucio will get a new trial, the appeals court ordered Lucio's trial court to review four of the nine claims she raised in her application for a writ of habeas corpus, which demands a public official show a valid reason for a person's detention.
A trial court-level judge will review her request and prosecutors' response before making a recommendation to the state appeals court, which will decide whether she gets a new trial. It's not clear how long the process will take.
"I don't think there's any way to predict" whether Lucio gets a new trial based on these four claims, said Robert Dunham, executive director of the Death Penalty Information Center, a nonpartisan nonprofit that takes no stance on the death penalty but has been critical of the way it is administered.
But "the stay of execution and the remand for consideration of these claims is extraordinarily significant," Dunham added, describing the ruling this week as "an open door, a threshold that had to be crossed for Melissa Lucio to have her day in court."
Here, we'll break down those four claims and what Lucio and her attorneys are arguing.
Claim 1: No juror would have convicted Lucio without the state's false testimony
The first remanded claim asserts Lucio was convicted based on false testimony by the state's medical experts and investigators who interrogated Lucio the night her daughter died. (It's worth nothing the legal standard Lucio's team sought to meet does not require proof that the state knew this testimony was false, per her habeas application, only that it gave the jury a false impression.)
At the time of her death, Mariah's body was covered in bruises "in various stages of healing," her arm had been broken several weeks earlier and she had what authorities believed was a bite mark on her back, court documents show.
Authorities, her attorneys say, decided Mariah's injuries were abuse and set out to confirm that theory while ignoring evidence that might prove Lucio's innocence.
Hours after Mariah died, Lucio was interrogated by investigators, including a Texas Ranger who testified in Lucio's trial for the state. He claimed, according to the habeas application, he knew Lucio was guilty based on her demeanor: Her head was down and she was avoiding eye contact -- signs, he said, of her guilt.
This testimony has since been proven "scientifically baseless and false," Lucio's habeas application says. Citing a neuroscientist, it says scientific consensus today is there is no basis for the idea that some facial and body movements can reveal someone's mental state.
The medical examiner who conducted Mariah's autopsy also offered false testimony, Lucio's attorneys say.
The forensic pathologist -- who determined blunt force trauma was the cause of Mariah's death -- was told Lucio had confessed to child abuse. This knowledge, Lucio's habeas application says, "corrupted" the autopsy and its findings, and the medical examiner failed to review other parts of Mariah's medical history, including her trouble walking and documented history of falls due to a turned-in foot.
At trial, the medical examiner testified for the state the injuries could only be caused by abuse, pointing over the course of her testimony to the severe bruising across Mariah's body, a fracture in her arm from several weeks before her death and purported bite marks on her back.
But Lucio's attorneys, citing medical experts, have offered other explanations for the injuries: Mariah showed signs of a blood coagulation disorder that can result in severe bruising, they say, and a fractured arm is not uncommon in toddlers, particularly those with a history of falls.
Common causes of the blood disorder are head trauma -- like that suffered in a fall down a steep flight of stairs -- and infection, which Mariah appears to have been battling when she died, the habeas application states. And bite mark evidence and analysis has since been determined to be "invalid and unreliable," it says, noting forensic odontologists have found expert testimony identifying injuries as a human bite mark is "without a scientific basis."
As a result, the testimony of these witnesses was false, Lucio's attorneys argue, entitling her to relief.
CNN has reached out to prosecutors, the Texas Rangers and the medical examiner for comment.
Claim 2: New scientific evidence would preclude Lucio's conviction
Lucio's second claim the trial court will review argues the previously unavailable scientific evidence would have prevented a jury from finding Lucio guilty.
As part of this claim, Lucio's attorneys also work to knock down her alleged confession.
Lucio was convicted, in part, they argue, on the basis of statements she made to authorities in an hourslong "guilt-presumptive" interrogation the night her daughter died. These vague indications she was responsible for some of Mariah's injuries -- but not an admission of guilt in her death, they say -- were nonetheless presented at trial as a confession.
But Lucio's statements bear the characteristics of a false confession, they say, citing two experts -- something Lucio's second claim argues she was particularly prone to giving due to her history as a lifelong survivor of sexual abuse and domestic violence.
Lucio's legal team has said she denied harming Mariah more than 100 times in her interrogation. But after hours of questioning, they say, she "parroted back" the language suggested to her by interrogators and then demonstrated the alleged abuse on a doll at interrogators' instruction, the habeas application says.
Lucio was particularly susceptible to pressure by investigators given her "lifelong history of trauma." This, too, her attorneys say, is new evidence that was not available at the time of her trial, and her jury did not hear testimony from an expert on false confession.
If they had, her attorneys argue, she likely would not have been convicted.
Claim 3: The evidence shows Lucio is innocent
This claim argues that taken together, the evidence Lucio's team has put forward and the reports of experts "collectively, disprove every element of the prosecution's case against Ms. Lucio," her habeas application says.
Given the evidence, much of it outlined above, no "rational juror would have found Ms. Lucio guilty beyond a reasonable doubt," it says. And executing an innocent person would violate the Eighth and 14th Amendments, her rights to due process and amount to cruel and unusual punishment, it says.
Claim 4: The state suppressed evidence favorable to Lucio's defense
The final claim remanded to the trial court for review alleges prosecutors suppressed evidence that would have helped Lucio by not sharing it with her defense attorney, further undermining her conviction and violating her rights to due process.
That evidence included information from a Child Protective Services investigator who had interviewed some of Lucio's other children, who corroborated Mariah's fall and her deteriorating health and discounted allegations of abuse by their mother.
Lucio's attorneys also allege Mariah's siblings' statements to police were suppressed: Rather than providing Lucio's defense attorney with their sworn statements, prosecutors gave the defense summaries that "omitted" potentially exculpatory information, the habeas application states.
This purportedly suppressed evidence, the document says, would have shown: authorities knew there were witnesses who said Lucio did not abuse her children; there were other family members aware Mariah fell down the stairs; and Mariah hadn't shown any sign her arm was injured in the weeks before her death, among others.
Stay of execution sends a message, expert says
While the stay of execution is "extremely good news" and "critical" for Lucio, "it's not a guarantee of any particular outcome," Dunham told CNN.
But it sends a message "that the courts need to be paying more attention to questions of innocence," he said, pointing not just to Lucio but also Rodney Reed, another Texas death row inmate who has also claimed innocence and whose case will be heard by the Supreme Court.
"Hopefully the message is, we should not be denying possibly innocent people their day in court," the Death Penalty Information Center director said.
As for Lucio, her attorneys acknowledge there's a long way to go. But they're optimistic: Monday's ruling "opens the door to the potential of a new trial," said Vanessa Potkin, director of special litigation at the Innocence Project, "and ultimately, complete vindication."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/melissa-lucio-was-sentenced-to-death-courts-will-now-look-at-these-4-claims-to/article_8466e93c-352f-5d09-ab27-8554d4d1f933.html | 2022-05-01T08:50:01Z |
WASHINGTON, June 23, 2022 /PRNewswire/ -- Nightingale Partners LLC, a leading health care investment and advisory firm focused on social determinants of health (SDOH), is thrilled to announce a strategic combination with NationsBenefits, LLC. The Nightingale Partners team, consisting of John Gorman, Jordan Buxton-Punch, and Gabe Hitchcock, will lead the newly formed Corporate Development Group of NationsBenefits, and will open a new office for NationsBenefits in Washington, DC.
Joining forces with NationsBenefits allows Nightingale to continue the pursuit of its investment thesis and support of innovations that address the needs of the most vulnerable in Medicare Advantage and Medicaid, while leveraging Nations' national distribution channels and 20 million covered lives to expand its impact. NationsBenefits is the leading provider of supplemental benefits and member engagement solutions for health plans, including vision and hearing, and over-the-counter drugs benefits.
"The partnership with Nightingale Partners is another milestone in the evolution of NationsBenefits," said Glenn Parker, CEO of NationsBenefits. "The Nightingale team, led by my long-time friend John Gorman, will become an integral part of NationsBenefits' ambitious strategy to expand supplemental benefit access to all patients in need."
Founded in 2019 by John Gorman, Nightingale Partners has built a wide portfolio of early-stage health care services and SaaS businesses in the SDOH ecosystem, and relationships with multiple health plans and providers in Medicare Advantage and Medicaid. The company's holdings include assets in food security, non-urgent medical transportation, broadband internet access, adult day care, social health analytics, and remote monitoring of the chronically ill.
"Joining NationsBenefits supercharges our efforts to design and build cutting-edge social health benefits," said Nightingale Founder and Chairman John Gorman, now Chief Strategy Officer for NationsBenefits. "We now have access to over 100 health plan relationships covering 20 million lives in Medicare Advantage, and a war chest beyond our wildest dreams to build innovative solutions to address the social health of the most vulnerable. The combined teams prominent endeavors will include launching a new Medicaid line of business for NationsBenefits, as well as providing support for the company's expansion strategy to become the 'one-stop shop' for supplemental and social health benefits for health plans in government programs."
About Nightingale Partners LLC: Nightingale is an advisory firm and investment fund focused on the social health of the medically underserved, based in Washington, DC. Nightingale was founded by John Gorman, Founder and CEO of Gorman Health Group and former senior official at the Health Care Financing Administration (HCFA, now the Centers for Medicare and Medicaid Services (CMS)). Nightingale's mission is to improve the quality of care and reduce unnecessary health care expenditures for our most vulnerable patients through advanced technology, locally-curated social services providers, and innovative financing to address Social Determinants of Health (SDOH).
About NationsBenefits, LLC: NationsBenefits is a leading member engagement, benefits administration, and healthcare company that partners with managed care organizations to provide innovative healthcare solutions aimed at driving growth, reducing costs, and delighting members. Through its comprehensive suite of innovative supplemental benefits, payments platform, and member engagement solutions, NationsBenefits helps health plans deliver high quality benefits to their members that help address social determinants of health and improve member health outcomes and satisfaction. The Company's compliance-focused infrastructure, proprietary technology systems, and premier service delivery model allow NationsBenefits' health plan partners to deliver high quality, value-based care to millions of members. To learn more, visit NationsBenefits.com.
Media Contact:
Gabe Hitchcock
gabe.hitchcock@nightingalepartners.org
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SOURCE Nightingale Partners LLC | https://www.kxii.com/prnewswire/2022/06/23/nightingale-partners-llc-announces-partnership-with-nationsbenefits/ | 2022-06-23T19:14:45Z |
CHICAGO, May 20, 2022 /PRNewswire/ -- AARP Illinois, the state's largest outreach and advocacy organization dedicated to improving lives of those 50+ is proud to announce the appointment of Allan Hollenbeck as Illinois' State President. This position is the top volunteer role in Illinois.
Since February 2020, Hollenbeck, a retired civil engineer and CEO, has lent his voice as spokesperson and advocate for AARP's work, most recently testifying before a Senate Committee in Spring 2022 about the need for nursing home rate reform. He has served on AARP Illinois' Executive Council, heavily involved in campaigns to improve affordability in Illinois, lower the cost of prescription drugs and other important issues.
"Al's voice and insights have been crucial in the past two years of AARP's work improving the lives of older adults in Illinois," said Philippe Largent, AARP Illinois State Director. "We couldn't be more thrilled to elevate him to this top volunteer post, where his management experience, community awareness and leadership is sure to help our 1.7 million members to live their best lives."
As the new State President for AARP Illinois, Hollenbeck will serve as a spokesperson for the organization with the media, opinion leaders, legislators and the public. He will also chair the AARP Illinois Executive Council, a volunteer leadership committee that helps set AARP's state agenda and programs.
Prior to volunteering for AARP, Hollenbeck was President/CEO of RJN Group for 25 years. Headquartered in Illinois, RJN Group had more than 200 employees in 13 offices across 7 states. He served as Project Engineer, Project Manager, Principal in Charge and President/CEO in the planning, design and construction of hundreds of public sector infrastructure projects. Under his leadership, his teams worked to provide safe drinking water, rehabilitate aging underground infrastructure and treat wastewater prior to discharge to rivers and lakes.
He is a published author and recognized national expert in the rehabilitation of aging underground infrastructure, and has held leadership positions in several state and local engineering societies.
"I'm honored to take on this new role as AARP State President, and to represent this hard-working organization in its mission of being a wise friend and fierce advocate to the 50+," Hollenbeck said. "Every older adult in Illinois should be able to age with dignity and in the way they choose – and I am passionate about doing my part to ensure this can happen."
Hollenbeck has a BS and MS in Civil and Environmental Engineering from the University of Illinois-Urbana Champaign and served on the Alumni Association Board of Directors. He is a lifelong White Sox fan who lives in Winfield with his wife, Karen Schoder Hollenbeck.
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SOURCE AARP Illinois | https://www.mysuncoast.com/prnewswire/2022/05/20/congratulations-allan-hollenbeck-new-aarp-illinois-state-president/ | 2022-05-20T18:50:38Z |
Two iQIYI-Presented Films also Featured in the "Chinese New Wave" Unit of the Offline BJIFF
BEIJING, Aug. 16, 2022 /PRNewswire/ -- iQIYI, an innovative market-leading online entertainment service in China, announced that from Aug. 10 to 23, the company is hosting the online screening of the 12th Beijing International Film Festival (BJIFF), a premier China-based film festival with prestigious global reputation, furthering the company's support for the development of the industry. In addition to being the Festival's Official Exclusive Online Screening Platform and Official Exclusive HD Online Video Platform for this year's BJIFF, iQIYI will also present two films at the "Chinese New Wave" unit at the offline BJIFF. Offering online and offline activities, iQIYI aims to help viewers further appreciate and celebrate the latest artistic advances that are taking place in China and on the world stage.
Rich slate of activities to celebrate films
iQIYI's online screening of the BJIFF features an exciting selection of 84 films to be presented in nine units, each curated to celebrate themes such as first-person narratives, films from Argentina (the guest of honour of this BJIFF), Internet films, and sports. The roll-out invites viewers to enjoy great cinema hits such as Cliff Walkers, 2046, and Nice View, as well as popular Internet films that are streamed exclusively on iQIYI, such as Defiant and Grassland Salilang.
Viewers can also enjoy critically acclaimed international productions from the online screening, such as Happy as Lazzaro, which won the award for the Best Screenplay at the 2018 Cannes Film Festival, and Father, which was selected as the Best Film at the Panorama section of the 70th Berlin International Film Festival.
Of note, all the films presented online adopt the HDR Vivid video standard propagated by the UHD World Association, ensuring an immersive viewing experience.
In addition to the high-quality films, the online portion of the BJIFF also allows users to deepen their understanding of the industry as viewers can also stream on iQIYI an exciting series of events organized as part of the Festival, such as the opening and closing ceremonies, talks by renowned filmmakers and high-level industry forums.
Breaking the boundary between online and offline entertainment
iQIYI further leverages this year's BJIFF with its online and offline entertainment. For instance, "Chinese New Wave," one of the offline BJIFF's nine units this year, features Let Life Be Beautiful and The Hidden Fox, two iQIYI-presented films.
As a token of gratitude for subscribers, iQIYI will do a giveaway to some VIP members tickets on several highly sought-after offline BJIFF screenings, in addition to inviting two VIP Member to attend the Festival's opening ceremony.
iQIYI is also proud to have two iQIYI-presented films, Off the Stage and Kong and Jigme, shortlisted in the Best Feature Film section, of this year's Tiantan Award, the official competition section of the BJIFF.
Reiterating commitment to driving industry development
On Aug. 14, GONG Yu, Founder and CEO of iQIYI, participated in the Film Power Forum of the BJIFF. At the forum themed "A New Journey Ahead: Unremitting Pursuit of Dreams on a Journey toward a Brilliant Film Future," Gong shared his insights into the rapid developments that have driven the development of China's film industry in the past decade.
"Films are themselves a cultural-driven product innovation. With technology experiencing constant iterations and leaps, the developments continue to enrich our imagination and strengthen our belief that the evolving progress is making the world a better place," said Gong.
Gong also noted the contribution iQIYI made in platform building and quality content production and highlighted the need to have more young people join the industry and to further drive industry growth and development in a sustainable and healthy manner using technology.
CONTACT: iQIYI Press, press@qiyi.com
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SOURCE iQIYI | https://www.kxii.com/prnewswire/2022/08/16/iqiyi-hosts-online-screening-12th-beijing-international-film-festival-furthering-support-industry-development/ | 2022-08-16T09:30:30Z |
Westbound I-70 in Downtown Topeka reopens
TOPEKA, Kan. (WIBW) - Four days ahead of schedule, westbound I-70 through Downtown Topeka is back open.
The Kansas Dept. of Transportation announced Thursday morning that one lane of westbound I-70 between 8th St. and Topeka Blvd. has been reopened.
The stretch had been closed since August 15th as crews made pavement repairs to the aging Polk-Quincy Viaduct. KDOT told 13 NEWS last week that the closed portion of interstate would be reopened by Monday, September 3.
One lane of eastbound I-70 will remain open in the same area. It was never closed.
KDOT tells drivers to use caution as you pass through the area as it remains an active work zone.
🟢NOW OPEN! Westbound I-70 in Topeka has been reopened! Both directions of I-70 remain an active work zone and will be reduced to one lane. Please drive safely and use caution through the area!🟢 pic.twitter.com/BM0gQcEsuM
— TopekaMetroKDOT (@TopekaMetroKDOT) September 1, 2022
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/01/westbound-i-70-downtown-topeka-reopens/ | 2022-09-01T16:01:21Z |
NEW YORK, July 5, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Oscar Health, Inc. ("Oscar" or the "Company") (NYSE: OSCR) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 22-cv-04103, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Oscar Class A common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's March 2021 initial public offering ("IPO" or the "Offering"). Plaintiff pursues claims against under the Securities Act of 1933 (the "Securities Act").
If you are a shareholder who purchased or otherwise acquired Oscar Class A common stock, pursuant and/or traceable to the company's IPO, you have until July 11, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Oscar is a health insurance company that claims to be the first such company "built around a full stack technology platform" which will "allow [Oscar] to continue to innovate like a technology company and not a traditional insurer."
On March 4, 2021, the Company filed its prospectus on Form 424B4 with the Securities and Exchange Commission, which forms part of the Registration Statement. In the IPO, the Company sold 36,391,946 shares of Class A common stock at a price of $39.00 per share. The Company received net proceeds of approximately $1.3 billion from the Offering. The proceeds from the IPO were purportedly to be used to repay in full outstanding borrowings, including fees and expenses, under Oscar's Term Loan Facility ($167 million), and the remainder proceeds were to be used for general corporate purposes.
The complaint alleges that, the Registration Statement was materially false and misleading and omitted to state: (1) that Oscar was experiencing growing COVID-19 testing and treatment costs; (2) that Oscar was experiencing growing net COVID costs; (3) that Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation ("RADV") result relating to 2019 and 2020; (4) that Oscar was on track to be negatively impacted by significant Special Enrollment Period ("SEP") membership growth; and (5) that, 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.
On August 12, 2021, Oscar disclosed that the Company's Medical Loss Ratio ("MLR") for the second quarter of 2021 was 82.4%, an increase of 2170 basis points year-over year. The Company claimed that "[t]he MLR increased to 82.4% in 2Q21 from 60.7% in 2Q20, primarily driven by meaningfully lower utilization in 2Q20 as a result of COVID-19, as well as higher COVID-19 testing and treatment costs and a return to more normalized utilization in 2Q21." The Company also disclosed that its net loss for the quarter was $73.1 million, an increase of $32.1 million year-over-year.
On November 10, 2021, Oscar disclosed that its third quarter 2021 MLR increased 920 basis points year-over-year, to 99.7%. The Company claimed that the MLR increase was "primarily driven by higher net COVID costs as compared to the net benefit in 3Q20, an unfavorable prior year Risk Adjustment Data Validation (RADV) result, and the impact of significant SEP membership growth." The Company also disclosed that its net loss for the quarter was $212.7 million, an increase of $133.6 million year-over-year.
During a conference call held the same day, Scott Blackley, the Company's Chief Financial Officer, stated: "We recognized approximately $20 million of risk adjustment expense this quarter related to our risk adjustment data validation audit or RADV results. The RADV exercise is atypical this year due to COVID. It spans two years, 2019 and 2020. The majority of the RADV headwinds relate to the 2019 audit results, which were recently completed."
On this news, Oscar's share price fell $4.05 per share, or 24.5%, to close at 12.47 per share on November 11, 2021.
By the commencement of this action, Oscar stock has traded as low as $5.47 per share, a nearly 86% decline from the $39.00 per share IPO price.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/07/06/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-oscar-health-inc-class-action-lawsuit-upcoming-deadline-oscr/ | 2022-07-06T02:45:59Z |
Russia’s war in Ukraine
By Jessie Yeung, Hannah Ryan and Luke McGee, CNN
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
By Jessie Yeung, Hannah Ryan and Luke McGee, CNN
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
You must be logged in to post a comment. | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2022/05/20/russias-war-in-ukraine-24/ | 2022-05-21T11:54:28Z |
MALBOROUGH, Mass., Aug. 8, 2022 /PRNewswire/ -- Concentric Energy Advisors, Inc. ("Concentric"), a leading management consulting and financial advisory services firm focusing on the North American energy and water industries, is pleased to welcome William (Bill) Davis as an Assistant Vice President.
Before joining Concentric, Mr. Davis spent 16 years at a significant Midwest electric and gas utility. He is an experienced senior leader and expert witness specializing in renewable energy and the planning, implementation, and evaluation of utility energy efficiency programs. His expertise includes a wide range of regulatory matters, including load research, sales and revenue forecasting, rate design, class cost of service studies, lost revenue recovery, and prudence reviews. Mr. Davis is a member of Public Utilities Fortnightly Under 40 Class of 2020. He holds a B.S. and M.S. in Economics from Illinois State University.
"Bill is an accomplished leader with significant expertise, and he will be an exemplary part of the Concentric family," said John J. Reed, Chairman and Chief Executive Officer. "Our clients will benefit from Bill's comprehensive knowledge of utility energy efficiency and renewable energy programs, and broad regulatory background. I am excited to welcome him to our team."
Concentric is celebrating twenty years of providing exceptional client service. To learn more about life at Concentric visit the careers page, and subscribe to the Concentric Connection to receive industry news and analysis from our team.
Concentric Energy Advisors specializes in management consulting and financial advisory services focusing on the North American energy and water industries. Through its subsidiaries, CE Capital Advisors and Concentric Advisors ULC, Concentric provides capital market advisory support and consulting services in Canada.
Wendy Preston
wpreston[at]ceadvisors.com
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SOURCE Concentric Energy Advisors | https://www.wibw.com/prnewswire/2022/08/08/concentric-energy-advisors-welcomes-bill-davis-an-assistant-vice-president/ | 2022-08-08T19:53:39Z |
FRISCO, Texas, June 24, 2022 /PRNewswire/ -- Green3Bio, a subsidiary of Greenfire Bio, today announced a publication in the Journal of Clinical Investigation1 led by researchers at The University of Texas MD Anderson Cancer Center demonstrating that SIK2 inhibitors, including GRN-300 sensitized ovarian and triple-negative breast cancer (TNBC) cells and xenografts to PARP inhibitors.
Zhen Lu, M.D., and Robert Bast, M.D., and colleagues demonstrated that a combination of PARPi and SIKi provides a novel therapeutic approach to enhance PARPi sensitivity in ovarian cancers that initially respond to PARPi and eventually develop drug resistance.
The major findings from the preclinical research study include:
- GRN-300 treatment sensitizes ovarian and breast cancer cells by enhancing olaparib-mediated inhibition of PARP enzyme activity
- The transcription of DNA repair and apoptosis genes is regulated by SIK2 inhibition by GRN-300
- GRN-300 enhances olaparib-induced DNA DSB (double-strand break) and apoptosis
- Co-administration of GRN-300 and olaparib is synergistic in inhibiting tumor growth in animal models of ovarian cancer and TNBC.
These findings provide strong preclinical evidence supporting future clinical trials to determine whether the combination will benefit patients with ovarian and triple negative breast cancers. Animal studies, particularly those with olaparib and GRN-300, did not show significant toxicity based on weight loss. Pre-clinical toxicology studies in rodents and dogs showed no hematologic toxicity, which is particularly important for combination with PARPi.
"Patients with ovarian and triple-negative breast cancers are in great need for more effective treatments due to the high prevalence of acquired resistance to standard therapies that involve PARP inhibition," said Steve Morris, MD (Chairperson, Scientific Advisory Board of Greenfire Bio). He added, "The GRN-300 preclinical data published in The Journal of Clinical Investigation shows the potential of GRN-300 and its unique mechanism of action through SIK2/3 inhibition to help change the combination treatment paradigm in gynecologic and breast cancers, irrespective of BRCA mutation status."
Ajit Gill, CEO and founder of Greenfire Bio, commented that "This publication provides further support for the development of our clinical asset GRN-300. We believe this agent has the potential to improve treatment of ovarian and other cancers - both as a single agent and in combination with existing therapies such as the PARP inhibitor olaparib that is indicated for the treatment of ovarian and breast cancers under the tradename Lynparza."
These data further support the preclinical proof-of-concept for SIK2 inhibitors as potential cancer therapeutics in combination with carboplatin for hard-to-treat ovarian cancer, recently published in Cancers, and they support the continued efforts in our first-in-human clinical trial ongoing at MD Anderson.
According to the American Cancer Society2, ovarian cancer ranks fifth in cancer deaths among women. They estimate that in 2022 there will be about 19,880 new cases of ovarian cancer diagnosed in the United States and that about 12,810 will die of the disease. According to the World Cancer Research Fund International3, there were about 313,000 new cases of ovarian cancer diagnosed worldwide in 2020. Ovarian cancer is difficult to detect at an early, more treatable stage; therefore, the current lack of salvage treatment for women, who experience a recurrence, results in a 5-year survival rate of less than 30%.
GRN-300 (previously ARN3261) is an orally bioavailable first-in-class novel, small molecule, dual inhibitor of the salt-inducible kinases 2 and 3 (SIK2, SIK3). This agent has the potential to overcome chemoresistance based on its mechanism of action (MOA) and synergistic effects with standard of care including paclitaxel, carboplatin, PARP inhibitors, and immune checkpoint inhibitors (ICIs). SIK2 is overexpressed in 30% of ovarian cancer specimens suggesting a multifunctional role of SIK2/3 in tumorigenesis. SIK2 and SIK3 are known to play [an] oncogenic role in other tumor types, including prostate cancer, breast cancer, diffuse large B-cell lymphoma, and melanoma. Higher levels of expression of SIK2 have been shown to be significantly correlated with poor progression-free survival in patients with high-grade serous ovarian cancers. GRN-300 attenuated tumor growth & inhibition in several preclinical xenograft ovarian cancer models as a single agent and in combination with paclitaxel. The clinical activity of GRN-300 as a single agent and in combination with paclitaxel is currently being evaluated in a Phase 1a/1b Clinical Study in subjects with Recurrent Ovarian, Primary Peritoneal, and Fallopian Tube Cancers (ClinicalTrials.gov Identifier: NCT04711161).
Greenfire Bio, led by a team of experienced biopharma executives, is building a diversified portfolio of oncology products through in-licensing, acquisition, and partnering, and is advancing them through clinical proof of concept.
Green3Bio is a subsidiary of Greenfire Bio. Green3Bio is developing GRN300 through clinical trials with the expertise of Greenfire Bio team members. The currently ongoing clinical trial (ClinicalTrials.gov Identifier: NCT04711161) is sponsored by Green3Bio.
1 J Clin Invest. 2022;132(11):e146471
2 https://www.cancer.org/cancer/ovarian-cancer/about/key-statistics.html
3 https://www.wcrf.org/cancer-trends/ovarian-cancer-statistics/
CONTACT:
Ajit Gill, President and CEO of Greenfire Bio at info@greenfirebio.com.
Website: greenfirebio.com LinkedIn: https://www.linkedin.com/company/greenfire-bio/
Facebook: https://www.facebook.com/GreenfireBio
#GreenfireBio, #cancer, #ovariancancer
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SOURCE Green3Bio | https://www.kxii.com/prnewswire/2022/06/24/green3bio-announces-publication-pre-clinical-data-demonstrating-sik2-inhibition-including-grn-300-enhances-parp-inhibitor-activity-synergistically-ovarian-triple-negative-breast-cancers/ | 2022-06-24T10:26:20Z |
BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg has met with Finland’s prime minister and spoken to Turkey’s president as he seeks to overcome Turkish resistance to Finland and Sweden joining the alliance.
Stoltenberg, who visited Washington this week, tweeted late Friday that he met with Finnish Prime Minister Sanna Marin while there and discussed “the need to address Turkey’s concerns and move forward” with the Finnish and Swedish membership applications.
Russia’s war in Ukraine pushed the Nordic countries to apply to join NATO, but Turkish President Recep Tayyip Erdogan accuses Sweden and Finland of supporting Kurdish militants deemed by Turkey to be terrorists.
Stoltenberg said he had a “constructive phone call” with Erdogan, calling Turkey a “valued ally” and praising Turkish efforts to broker a deal to ensure the safe transportation of grain supplies from Ukraine amid global food shortages caused by Russia’s invasion. Stoltenberg tweeted that he and Erdogan would continue their dialogue, without elaborating.
Erdogan’s office released a statement in which it said the president had emphasized that Sweden and Finland should “make it clear that they have stopped supporting terrorism,” have lifted defense export restrictions on Turkey and are “ready to show alliance solidarity.”
The Nordic states, among other countries, imposed limitations on arms sales in the wake of Turkey’s 2019 military incursion into northern Syria.
The NATO chief’s diplomatic efforts came before a gathering of senior officials from Sweden, Finland and Turkey next week in Brussels, where NATO is based, to discuss Turkey’s opposition to the applications.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://cw33.com/business/ap-business/nato-chief-speaks-with-erdogan-about-finland-sweden-joining/ | 2022-06-04T19:46:40Z |
New study: Interventions double mammography rates for disadvantaged women
PEORIA, Ill., June 7, 2022 /PRNewswire/ -- Targeted text reminders and other interventions erased disparity in the rate of breast cancer screening between economically advantaged and disadvantaged patients, according to an OSF HealthCare study published in Population Health Management.
While screening has been shown to reduce breast cancer deaths, women who are economically disadvantaged are less likely to have breast cancer screening and more likely to die of the disease, often because the breast cancer isn't detected until it reaches a more advanced stage. Mammography screening rates plummeted during the COVID-19 pandemic, which only increased the disparity between economically advantaged and disadvantaged patients.
OSF HealthCare researchers analyzed the effectiveness of interventions created and supported by the OSF OnCall digital health team to reduce that disparity, with: text messages that included a link to schedule a mammogram and information about the importance of breast cancer screening; calls from a digitally-enabled community health worker (CHW) to help schedule mammograms and solve challenges such as transportation; and an invitation to a health fair offering on-site mammograms. Breast cancer screening rates more than doubled among Medicaid patients who received interventions.
The National Comprehensive Cancer Network (NCCN) guidelines recommend annual mammography for most women beginning at 40 and earlier for women at higher risk for breast cancer.
"Previous studies have found that similar interventions help increase the rate of breast cancer screening, but not whether they would reduce disparities among different populations," said Jonathan A. Handler, MD, FACEP, FAMIA, senior author of the study and senior fellow, OSF Innovation at OSF HealthCare.
Dr. Handler added, "Our study found that these simple interventions provide an innovative approach to erase inequities in screening rates between economically disadvantaged and advantaged women, helping us meet our goal of providing equitable, excellent care to our financially and geographically diverse patient population."
The study included more than 4000 women in two groups: an economically disadvantaged group (those with Medicaid coverage), and an economically advantaged group (those with private commercial insurance). All were 41 or older, were aligned with an OSF primary care physician and appeared to be overdue for their mammogram – typically by two years or more. All with Medicaid were randomly assigned to one of three intervention arms and compared with a subset of commercially insured women randomized to receive no intervention
All in the Medicaid group received the first intervention (at least one text message reminder). The moderate intervention arm also received additional educational content, a reminder text after a mammogram was scheduled, and phone outreach by a CHW to answer questions, assist with scheduling a mammogram, and address other issues related to the screening. The third arm had all of those interventions, and also received an invitation to a health fair where attendees could participate in interactive educational activities, schedule a mammogram or receive a same-day mammogram at the health center after attending the event.
In the Medicaid group, the rate of mammogram screening more than doubled following the interventions, from 5.4% to 11% of eligible patients. Interventions targeted only to the Medicaid group reversed the disparity in screening rates. Before interventions, the Medicaid group had 2.6% lower breast cancer screening rate than those with private insurance. After the interventions, the Medicaid group's screening rate was 3.7% higher than those with commercial insurance who had been randomly assigned to receive no intervention.
Researchers determined Medicaid participants who had moderate to maximum intervention had a significant improvement in screening rates. Many in this group were reluctant to get a mammogram because of the expense until learning from a CHW that appropriate screening is covered by Medicaid.
Screening rates also increased after intervention among privately-insured women who were assigned to intervention arms. Therefore, researchers said economically disadvantaged women might require more intense intervention than their economically advantaged counterparts, with private insurance, to close the disparity gap moving forward.
"The goal is equity in health outcomes, not always standardization of an intervention or what we think of as equality. So it's vital to strategically implement interventions among patients who would most benefit," said Sarah Stewart de Ramirez, MD, MPH, principal investigator of the study, medical director for Population Health Services at OSF HealthCare, and associate dean for Population Health Equity Innovation at the University of Illinois College of Medicine Peoria. "For example, we found that simply providing interventions such as a text message equally to the entire patient population might actually widen that disparity, because economically advantaged patients have fewer hurdles to access care and therefore are more likely to be able to act on those reminders."
Dr. de Ramirez added, "Ultimately, we hope to find an engagement approach that achieves equity while also improving screening rates for all women. It's imperative that we continue to study new population based interventions so we can apply them with the same science as clinical interventions, and ensure our patient populations receive the highest level of care, wherever they are."
The study was funded by the American Hospital Association's Institute for Diversity and Health Equity and Blue Cross Blue Shield of Illinois.
Visit osfhealthcare/innovation to learn more about how OSF HealthCare is working to transform health care.
PLEASE GO TO THE OSF NEWROOM FOR ADDITIONAL ASSETS, INCLUDING PHOTOS AND VIDEOS ASSOCIATED WITH THIS NEWS RELEASE.
OSF HealthCare is an integrated health system owned and operated by The Sisters of the Third Order of St. Francis, headquartered in Peoria, Illinois. OSF HealthCare employs nearly 24,000 Mission Partners in 150 locations, including 15 hospitals – 10 acute care, five critical access – with 2,089 licensed beds, and two colleges of nursing throughout Illinois and Michigan. The OSF HealthCare physician network employs more than 1,500 primary care, specialist and advanced practice providers. OSF HealthCare, through OSF Home Care Services, operates an extensive network of home health and hospice services. It also owns Pointcore, Inc., comprised of health care-related businesses; OSF HealthCare Foundation, the philanthropic arm for the organization; and OSF Ventures, which provides investment capital for promising health care innovation startups. More at osfhealthcare.org.
Contact: Colleen Reynolds | Media Relations Coordinator, OSF HealthCare | mobile (309) 825-7255
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SOURCE OSF HealthCare | https://www.kxii.com/prnewswire/2022/06/07/text-reminders-digital-health-workers-erase-gap-breast-cancer-screening/ | 2022-06-07T20:54:09Z |
Water becomes needed commodity in flood-ravaged Kentucky
FRANKFORT, Ky. (AP) — National Guard soldiers rushed to distribute bottled water to flood-ravaged eastern Kentucky as forecasters warned of more rain coming to the region.
In the days since historic flooding swamped the Appalachian region, the availability of water surfaced as a concern for victims after the floodwaters badly damaged water systems. As donations poured into the region, water was a top priority, along with cleaning supplies.
“We are moving water as fast as we can,” Kentucky Gov. Andy Beshear said Wednesday.
National Guard soldiers had distributed more than 2,400 cases of water by early Wednesday, the governor said, as intense heat and humidity added to the misery as people continued shoveling out from the immense wreckage left by flooding that struck in the middle of the night a week ago.
Water service has been restored to many people in the region, the governor said. But work is continuing on heavily damaged water systems. Other systems were “wiped out,” Beshear said. In some areas, it could take weeks or even months to repair water systems, he said.
“It’s going to take significant time and significant dollars to restore what was destroyed,” he said.
Water crews from across the state are assisting in the repairs, Beshear said.
Beshear said a special legislative session will likely be needed to devise a relief package for the flood-stricken region. The governor holds the power to reconvene lawmakers for a special session.
Beshear said a state relief package should include aid to repair water systems to spare the region’s ratepayers from footing the repair costs through higher water rates.
“Because otherwise, they’re going to go to ratepayers,” he said. “So people who just lost everything that are rebuilding would have their water rates just skyrocket in what it would cost.”
While the stifling heat and humidity continued to be a concern Thursday, the National Weather Service warned of more rain in the forecast for the region. Slow-moving thunderstorms could dump heavy rainfall and lead to more high water Thursday and Friday in areas still reeling from massive flooding a week ago, the weather service said.
Scattered thunderstorms with high winds were expected mainly Thursday afternoon and evening. Along with heavy rain, the storms could produce strong and damaging wind gusts.
The statewide death toll from the historic flooding is 37, the governor said. Amid the massive cleanup, families were preparing to bury loved ones killed in the flooding. Initial expenditures from a relief fund opened by Beshear were being distributed to pay funeral expenses of flood victims.
The outpouring of support was evident across the area. Volunteers helped remove debris from homes, while others served meals. Beshear said it’s a time for people to lean on each other and urged them to seek help in dealing with the trauma.
“Remember, it’s OK not to be OK,” the Democratic governor said. “I don’t think our brains or hearts are designed to deal with trauma and loss at this level.”
Teams searching streams in boats and combing debris-clogged creekbanks have rescued more than 1,300 people and crews were still trying to reach some people cut off by floods or mudslides. A few thousand customers still lacked electricity in eastern Kentucky. Emergency shelters and area state parks housed hundreds of residents who fled homes that were destroyed or badly damaged. Many more are staying with relatives and friends.
Cooling centers were opened after forecasters warned of the risk of heat-related illnesses.
President Joe Biden declared a federal disaster to direct relief money to counties flooded after 8 to 10 1/2 inches (20 to 27 centimeters) of rain fell in just 48 hours last week in the Appalachian mountain region.
The flooding also hit areas just across the state line in Virginia and West Virginia.
___
Associated Press writer Rebecca Reynolds in Louisville, Kentucky, contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/04/water-becomes-needed-commodity-flood-ravaged-kentucky/ | 2022-08-04T15:44:27Z |
Marysville’s Mother’s Day Market returns Mother’s Day weekend
MARYSVILLE, Kan. (WIBW) - In Marysville, the Mother’s Day Market is planned to return on Mother’s Day weekend – Saturday, May 7, and Sunday, May 8.
According to Visit Marysville, the 46th annual Mother’s Day Market is expected to host more than 75 vendors at the Marysville City Park, starting from 9 a.m. to 6 p.m. Saturday and Sunday from 9 a.m. to 3 p.m.
Vendors for the event will feature antiques, refurbished furniture, flowers, garden plants, clothing, hand-crafted home décor, homemade baked goods, a variety of food, and more.
Visit Marysville also says there will be a yoga session at the tennis courts, on the northeast corner of the park, to kick off the market Saturday at 8:30 a.m. The class will be presented by Marysville Health & Fitness for free. Pre-registration is required, 785-562-2424 is the number to call. Commemorative t-shirts are available with a $20 donation.
On Saturday, the String Beans of Lincoln, Nebraska, are scheduled to provide family-friendly music.
Sunday will host the annual smoked chicken dinner served from 11 a.m. to 2 p.m. The meal will cost $15 and will include a baked potato, bread, and coleslaw.
Proceeds from the dinner and the market will go to benefit the Koester House Museum & Gardens.
Another festivity over the weekend includes a Mother’s Day Art Show displayed at the Marysville Junior High School gym, open from 9 a.m. to 3 p.m. on Saturday and Sunday.
The Marysville City Park is located at S 10th St. For more information call 785-619-6050.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/06/marysvilles-mothers-day-market-returns-mothers-day-weekend/ | 2022-05-07T00:38:36Z |
FN Media Group Presents Microsmallcap.com Market Commentary
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- The crypto bear market isn't all bad after all. It turns out the downturn provides excellent opportunities for expansion through mergers and acquisitions (M&A). According to Needham's senior research analyst John Todaro, valuations of public crypto companies have fallen about 70% this year. The sector's also in the midst of a crypto crash, which has wiped out around $2 trillion in value over the past few months, meaning crypto companies are cheaper now a year ago when the sector was in full recovery. Voyager Digital, the lender whose bankruptcy deepened this year's crypto market crisis, is attracting interest from some of the biggest players in the space, including exchanges Binance and FTX. FTX and Ripple Labs still have M&A in the pipeline for 2022 but WonderFi Technologies Inc (TSX:WNDR) (OTCQB:WONDF) was one step ahead when earlier this year they acquired Bitbuy and Coinberry, two of Canada's six registered crypto trading platforms. Hut 8 Mining (NASDAQ:HUT) (TSX:HUT), CleanSpark (NASDAQ:CLSK), Galaxy Digital (TSX:GLXY), and Riot Blockchain (NASDAQ:RIOT) are also making acquisitions or looking for interesting deals in the crypto space.
WonderFi Technologies Inc (TSX:WNDR) (OTCQB:WONDF) is a technology company providing greater access to digital assets through centralized and decentralized platforms.
On July 4, WonderFi Technologies completed its previously announced acquisition of Coinberry, one of Canada's leading crypto asset trading platforms registered with the Canadian Securities Administrators (CSA) and the first pure-play licensed crypto broker in Canada.
"This acquisition further solidifies WonderFi as a leader amongst crypto companies in Canada, and along with our acquisition of Bitbuy, establishes a great foundation for our expansion into global markets," said WonderFi CEO Ben Samaroo. "Further, as we've seen over the past few weeks, the crypto market downturn has had a massive impact on the viability of unregulated crypto trading platforms and WonderFi's value proposition as one of the few regulated crypto businesses makes us well positioned to continue our growth."
With this acquisition, WonderFi becomes the first company in Canada, and one of the first in the world, to own and operate multiple licensed crypto asset exchange platforms regulated by applicable securities commissions.
Coinberry also adds over 225,000 users and $99.5 million in client assets in custody as of March 31, 2022, giving the WonderFi group of companies over half a billion dollars in approximate total client assets under custody as of the acquisition.
WonderFi plans to realize significant cost synergies by integrating a variety of functions across its Coinberry and Bitbuy operations, developing cross-selling services and enhancing the user experience by continuing to innovate its suite of product offerings.
On July 15, WonderFi announced a partnership with the Meta Venture Capital Partnerships team, a division of Meta Platforms, Inc.
In order to help the most innovative firms scale, Meta Partnerships was founded in 2020. Its goal is to connect them with Meta's resources and brands, like Facebook and Instagram. WonderFi will receive strategic guidance from Meta Partnerships on matters such as marketing, performance, and business scale, as well as on collaborative strategies with other Meta departments and privacy-related regulations.
For more information about WonderFi Technologies Inc (TSX:WNDR) (OTCQB:WONDF), click here.
Crypto Companies Are Actively Pursuing Acquisitions
Of course, WonderFi isn't the only crypto company looking to expand its stake in the market through mergers and acquisitions.
Earlier this year, Hut 8 Mining (NASDAQ:HUT) (TSX:HUT) a leading innovator in digital asset mining in North America with a focus on innovation, supporting open and decentralized systems since 2018, closed its definitive agreement to acquire TeraGo Inc.'s cloud and colocation data centre operations. The acquisition comprises a comprehensive information technology solution that includes a full range of scalable cloud services, increased operations out of five data centres across Canada, and other related items. Hut 8 becomes a top high-performance computing platform as a result of the acquisition, giving the company a distinct position within the ecosystem for digital assets.
On August 19, America's Bitcoin Miner CleanSpark (NASDAQ:CLSK) announced that the deal to buy an active bitcoin mining plant in Washington, Georgia has closed. Once all 86MW of primarily carbon-free power is completely operational in 2023, the plant is anticipated to increase CleanSpark's hashrate by 2.6 EH/s. Since bitcoin mining improves grid resilience for nearby communities like Washington, Georgia, it is crucial to CleanSpark's ESG obligations. About 20 additional employees will be hired by the company as part of the facility expansion, the majority of whom will be residents of Washington and the neighbourhood. On September 8, CleanSpark will have an open house at the new location for interested residents, members of the local press, and community leaders.
Mind you, not every crypto company is moving forward with M&A plans. On August 15, Galaxy Digital (TSX:GLXY) announced that it had used its right to end its previously publicized acquisition agreement with BitGo because BitGo had failed to submit audited financial statements for 2021 by July 31, 2022, as required by the two companies agreement. There is no termination charge associated with the termination. After completing the SEC assessment, Galaxy Digital plans to carry out the proposed reorganization and domestication to become a Delaware-based business and then list on the Nasdaq.
Riot Blockchain (NASDAQ:RIOT) reported total revenue of $72.9 million for the three-month period ended June 30, 2022, an increase of 112% from $34.3 million for the same three-month period in 2021. Mining revenue increased 47% to $46.2 million in Q2 2022, from $31.5 million for the prior-year quarter, due to an increase in the number of BTC mined. Riot reported data center hosting revenue of $9.8 million for the three months ended June 30, following the acquisition of Whinstone US in the second quarter of 2021. Engineering segment revenue was $16.9 million in the quarter, following the acquisition of ESS Metron in the fourth quarter of 2021. Riot increased BTC production quantity by 107% to 1,395 BTC in Q2 2022, from 675 BTC in Q2 2021. The company raised $267.0 million in net proceeds from the sale of approximately 30.6 million shares of Riot common stock through our previously announced stock offering, further strengthening Riot's industry-leading financial position, in difficult market conditions for the sector.
WonderFi Technologies common shares started trading on the OTCQB® Venture Market on August 17, 2022. The company has also submitted an application to list its common shares on the Nasdaq Capital Market® (NASDAQ).
DISCLAIMER: Microsmallcap.com (MSC) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned herein. The commentary, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MSC and FNM for any investment decisions by their readers or subscribers. MSC and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
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SOURCE Microsmallcap.com | https://www.mysuncoast.com/prnewswire/2022/09/01/crypto-giants-look-buy-assets-failed-crypto-exchange/ | 2022-09-01T13:19:46Z |
Adorable adoption: Puppy finds forever home after officers rescue dog from hot car at casino
LAS VEGAS (KVVU/Gray News) - The dog who was locked in a car while her owner gambled at a Las Vegas Strip casino has found a new home.
The Animal Foundation shared on Wednesday that the dog named Dutchess has been adopted since the incident and is living with her forever family.
The animal shelter said the officer who helped rescue the puppy back in July also visited her before her new family adopted her.
Las Vegas police said they were called to the Bellagio hotel-casino on July 20 regarding a dog locked in a parked car with summer temperatures nearing 115 degrees that afternoon.
Responding officers reported finding the dog locked in a car with its mouth taped shut while the owner was inside gambling. Police said the dog was without food, water and air conditioning while the owner gambled for nearly two hours.
According to the Animal Foundation, Dutchess enjoys going for walks, playing with her new toys and spending time with her new dog sibling, Tobey.
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/10/adorable-adoption-puppy-finds-forever-home-after-officers-rescue-dog-hot-car-casino/ | 2022-08-10T21:18:01Z |
WAIKIKI, Hawaii, June 8, 2022 /PRNewswire/ -- The Legionnaires' disease lawyers at the Pritzker Hageman law firm have been hired to represent several clients who were sickened after staying at the Hilton Grand Islander.
Our clients traveled to Waikiki to stay at the Hilton Grand Islander from states including Iowa and Texas. While staying at the hotel, our clients all contracted Legionnaires' disease.
Pritzker Hageman attorney Alicia Brenhaug says, "No one expects to contract a potentially deadly disease while on a beautiful tropical vacation. The Hilton Grand Islander could have taken simple steps to prevent the proliferation of the bacteria in their water system, yet visitors continued to fall ill month after month."
The Hawaiʻi Department of Health (DOH) is investigating a Legionnaires' disease outbreak that sickened five non-residents who stayed at the Hilton Grand Islander in April 2022, March 2022, and June 2021.
Common symptoms of Legionnaires' disease include:
- Cough
- Shortness of breath
- Fever
- Muscle aches
- Headache
The DOH recommends the following actions for anyone who develops symptoms of Legionnaires' disease after staying at the hotel:
- Seek medical attention
- Report your illness to the DOH's Disease Outbreak and Control Division's disease reporting line by phone at (808) 586-4586
- Get tested for COVID-19
Legionella bacteria grow best in poorly sanitized water, which makes hotel sink, shower, and pool water systems a common setting for outbreaks; a danger hotel operators should be well aware of.
An effective water management plan that is properly followed is the industry standard for preventing Legionnaires' disease outbreaks. When building and pool operators fail to regularly monitor and clean their water, it leads to devastating illnesses. Negligent building and pool operators need to be held accountable for failing to keep their water supply systems free of Legionella bacteria.
Pritzker Hageman is one of the few law firms in the country with experience representing clients in Legionnaires' disease lawsuits.
If you or a loved one was diagnosed with Legionnaires' disease after staying at the Hilton Grand Islander, it is important to talk to an experienced lawyer right away because laws called "statutes of limitations" may limit the amount of time you have to file a claim.
Eric Hageman
1-888-377-8900
eric@pritzkerlaw.com
Alicia Brenhaug
1-888-377-8900
alicia@pritzkerlaw.com
View original content:
SOURCE Pritzker Hageman, P.A. | https://www.kxii.com/prnewswire/2022/06/08/legionnaires-disease-lawyers-pritzker-hageman-law-firm-hired-by-clients-sickened-after-staying-hilton-grand-islander-waikiki/ | 2022-06-08T21:14:51Z |
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