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DOWNERS GROVE, Ill., July 18, 2022 /PRNewswire/ -- Hydro Systems, part of PSG and Dover (NYSE: DOV), recently expanded its lineup of reliable pump solutions for the farm with the addition of the E-Dos electronic injector.
"E-Dos was created following extensive field testing to ensure maximum product performance," said Matt Denney, Business Development Manager, Hydro Systems. "This product is highly durable, requires minimal maintenance, and provides best-in-class uptime, which reduces the total cost of ownership."
Designed to feature outputs of 2.1 GPH and a maximum pressure of 105 PSI, E-Dos is a quiet and compact electronic injector that creates a high-resolution chemical feed. It avoids the use of squeeze tubes, which may lose effectiveness over time and can be used with highly aggressive chemicals (HACs), like chlorine dioxide, without the risk of premature failure or downtime.
E-Dos can accept and interpret a wide variety of external sensors through a simple plug-in port on the face of the unit. These sensors include pulse and analog water meters, as well as pH and electrical conductivity (EC) sensors that allow the unit to meter dosing based on the changing needs of the environment.
For more information, visit hydrosystemsco.com/product/e-dos/.
About Hydro Systems:
Based in Cincinnati, Ohio and with offices and support teams around the globe, Hydro is a world leader in delivering chemical dispensing and dosing solutions including equipment, software and services. With strategic partnerships, innovative solutions and more than 50 years of experience, Hydro is committed to enriching the lives of its customers by creating a cleaner, more sustainable world. Its products serve numerous dosing and dispensing applications within commercial cleaning, laundry, warewash, food service, industrial, irrigation, horticulture, animal health, and other industries. Hydro ensures dosing is always accurate, safe and cost effective, helping customers clean with confidence. For more information, visit www.hydrosystemsco.com.
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
Hydro Systems Contact:
Jackie Pesal Graves
(513) 375-0780
jackie.pesal@psgdover.com
Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Jack Dickens, Senior Director, Investor Relations
(630) 743-2566
jdickens@dovercorp.com
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SOURCE Dover | https://www.kxii.com/prnewswire/2022/07/18/hydro-systems-adds-e-dos-electronic-injector-lineup-solutions-farm/ | 2022-07-18T20:54:15Z |
LONDON (AP) — A previously unknown self-portrait of Vincent Van Gogh has been discovered behind another of the artist’s paintings, the National Galleries of Scotland said Thursday.
The self-portrait was found on the back of Van Gogh’s “Head of a Peasant Woman” when experts at the Edinburgh gallery took an X-Ray of the canvas ahead of an upcoming exhibition.
The work is believed to have been hidden for over a century, covered by layers of glue and cardboard when it was framed in the early 20th century.
Van Gogh was known for turning canvases around and painting on the other side to save money.
The portrait shows a bearded sitter in a brimmed hat. Experts said the subject was instantly recognizable as the artist himself and is thought to be from his early work. The left ear is clearly visible, and Van Gogh famously cut his off in 1888.
Frances Fowle, a senior curator at the National Galleries of Scotland, said the discovery was “thrilling.”
“Moments like this are incredibly rare,” she said. “We have discovered an unknown work by Vincent Van Gogh, one of the most important and popular artists in the world.”
The gallery said experts are evaluating how to remove the glue and cardboard without harming “Head of a Peasant Woman.”
Visitors to an upcoming Impressionist exhibit at the Royal Scottish Academy in Edinburgh can see an X-Ray image of the self-portrait through a lightbox. | https://cw33.com/news/hidden-self-portrait-of-van-gogh-found-behind-another-painting/ | 2022-07-14T14:05:54Z |
PALO ALTO, Calif., April 11, 2022 /PRNewswire/ -- Titan Space Technologies has successfully deployed and run a suite of machine learning models on the HPE Spaceborne Computer-2, an edge computing and AI system aboard the International Space Station (ISS), in support of Axiom Space's future missions and vision of smart spacecraft architectures. Working closely with Axiom and HPE, Titan was tasked with applying its space experimentation platform to a use case based on the new demands of a modern space station. Titan's success demonstrates the applied artificial intelligence (AI) capabilities critical for conducting space experimentation on orbital destinations and spacecraft now and in the future.
"As the industry continues to make progress in the rapid path to commercialization in space, optimizing key applications and capabilities on the International Space Station will be essential to support future, mission-critical spacecraft demands," said Dr. Mark Fernandez, principal investigator of Spaceborne Computer-2, HPE. "We look forward to continue collaborating with Titan Space Technologies and welcome its expertise and technical craftsmanship that is necessary to build required space infrastructure for successful commercial development in space."
"Working closely with HPE to deploy and test large scale machine learning on HPE Spaceborne Computer-2 was the signal I'd hoped for, heralding the potential for applied AI at scale in space.", said Russell Foltz-Smith, Titan Co-founder and Chief Compute Officer. "The AI ramp-up needed to support the record investment and human activity in LEO is something that HPE and Axiom are uniquely positioned to address."
Ashley Pilipiszyn, Titan Co-founder and CEO, has quickly transitioned from her previous role as OpenAI's Technical Director to space entrepreneur. "Axiom is thinking about the future of humans in space that blends years of industry experience combined with the innovative approach of today's commercial entrepreneurs and technologists, and this is where Titan and Axiom align nicely. We believe that an orbital ecosystem driven by science, technology and commercialization has no boundaries. And we believe space experimentation is the path to that future."
Meanwhile, Axiom prepares for a long journey of innovation that puts scientific research first. "We are creating a platform today that will enable the future of research tomorrow", said Tejpaul Bhatia, Chief Revenue Officer at Axiom Space. "Our relationship with Titan brings a new level of progress and excitement as it represents the next inflection point for scientific discovery in space with the aid of AI."
About Titan Space Technologies Corporation:
Titan Space Technologies was founded in 2021 with the mission of making space experimentation accessible via its AI-driven orbital compute platform to enterprise customers. It was founded by Ashley Pilipiszyn, Russell Foltz-Smith, and Rob Maigret - formerly of OpenAI, Wolfram Alpha, and The Walt Disney Company, respectively. For more information, visit: titanspace.co
About Hewlett Packard Enterprise:
Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com
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SOURCE Titan Space Technologies | https://www.wibw.com/prnewswire/2022/04/11/titan-space-technologies-announces-successful-deployment-machine-learning-models-during-historic-ax-1-mission/ | 2022-04-11T17:12:16Z |
Rev. Lawson is one of the Civil Rights Movement's leading activists, theoreticians, and tacticians of nonviolence within the movement. He worked directly with Dr. Martin Luther King, Jr. to train students and volunteers in nonviolent direct action and helped coordinate the Nashville lunch counter sit-ins in 1960.
LOS ANGELES, May 26, 2022 /PRNewswire/ -- Los Angeles Urban League (LAUL) is proud to honor legendary civil rights leader James Lawson with its Centennial Award at the highly anticipated Whitney M. Young, Jr. Gala. The theme of this year's dinner is "A Century of Service" The 47th Awards Dinner will be held on Thursday, June 30, 2022, Beverly Hilton Hotel, 9876 Wilshire Boulevard, Beverly Hills, CA 90210. Chris Schauble, KTLA 5 Anchor, is slated to serve as the Master of Ceremony and the Inner City Youth Orchestra will be providing the music for the Fundraising Gala. There will be a red carpet and cocktail reception which begins at 5:30 p.m. and the dinner will commence at 6:30 p.m.
"I'm very proud to play an active role as a board member with the Los Angeles Urban League. This organization has been a strong voice and a true beacon here in Los Angeles for over 100 years. Being a vocal advocate of the African-American and other minority groups to increase economic empowerment isn't an easy task," said Mark Cromwell, LAUL Centennial Committee Co-chair and Fund Development Committee Chair. "I think Whitney M. Young, Jr., who our Awards Gala is named after, said it best when he remarked 'support the strong, give courage to the timid, remind the indifferent, and warn the opposed.' This is what the LA Urban League has been about for the last 100 years and moving into the future."
"There is no one more deserving of the Whitney M. Young, Jr. Award than Rev. Lawson. He is the legendary civil rights leader whose leadership resulted in majority legislation with global reach. He led multiple historic protests and continues to serve as a role model and inspiration for Civil Rights advocacy globally," said Michael A. Lawson, President and CEO of the Los Angeles Urban League. "We thank him for his continued service and commitment to the Los Angeles Urban League's mission,"
The 2022 Los Angeles Urban League Whitney M. Young, Jr., Awards Dinner has been "re-imagined" and will take place in a beautiful outdoor setting, due to LAUL Centennial Gala Committee being mindful of COVID safety and guidelines. However, attendees can look forward to enjoying an epic and memorable event honoring legendary civil rights leader Reverend James Lawson.
The Whitney M. Young, Jr., Awards Dinner, which raises funds for the Los Angeles Urban League and its community outreach programs, is one of the 'must attend' yearly events in Los Angeles. The black-tie gala's past honorees include a list of "Who's Who in Los Angeles." Sports legends such as the late John Wooden and Earvin "Magic" Johnson, as well as entertainers such as Denzel Washington, the late Natalie Cole, Sidney Poitier, and Stevie Wonder were past honorees. The list of past honorees also included businessman and media mogul Byron Allen; political commentator and author Van Jones; educator, historian and the 14th Secretary of the Smithsonian Institute Lonnie G. Bunch 111 and community leaders from organizations such as Toyota, Disney, NBC Universal, and West Angeles Church of God in Christ, Los Angeles Police Department, and Mexican American Legal Defense and Education Fund.
For Whitney M. Young, Jr. Awards Dinner ticket information, please visit www.laul.org.
About Los Angeles Urban League
Los Angeles Urban League serves, educates and empowers African Americans and other minorities to secure economic self-reliance and civil rights by providing targeted social programs and advocating for issues that benefit our communities. Visit and follow Los Angeles Urban League Website, Facebook, Instagram and Twitter.
Contact: Ron Carter
Phone: (626) 345-1413
Email: tca@sbcglobal.net
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SOURCE Los Angeles Urban League | https://www.mysuncoast.com/prnewswire/2022/05/26/los-angeles-urban-league-honors-civil-rights-leader-reverend-james-lawson-47th-annual-whitney-m-young-jr-awards-dinner/ | 2022-05-26T13:29:58Z |
BUCHA, Ukraine (AP) — Russia faced a fresh wave of condemnation on Monday after evidence emerged of what appeared to be deliberate killings of civilians in Ukraine. Some Western leaders called for further sanctions in response, even as Moscow continued to press its offensivein the country’s east.
European allies, though united in outrage, appeared split on how to respond. Poland, which is on Ukraine’s border and has taken in large numbers of refugees, angrily singled out France and Germany for not taking more strident action and urged Europe to quickly wean itself off Russian energy, while Berlin said it would take a longer-term approach.
Ukrainian officials said the bodies of 410 civilians were found in towns around the capital, Kyiv, that were recaptured from Russian forces in recent days. In Bucha, northwest of the capital, Associated Press journalists saw 21 bodies, including a group of nine in civilian clothes who appeared to have been shot at close range. At least two had their hands tied behind their backs.
In Motyzhyn, to the west of Kyiv, AP journalists saw the bodies of four people who appeared to have been shot at close range and thrown into a pit. Residents said the mayor, her son, and her husband — who had been bound and blindfolded — were among them.
Ukrainian President Volodymyr Zelenskyy made his first reported foray outside the capital since the war began, visiting Bucha on Monday to meet with residents. There, he denounced the killings as “genocide” and “war crimes.”
Olena Kolesnik, who fled Kharkiv for Poland, echoed that assessment.
“This is genocide, this is fascism. This is the extermination of people, innocent people, children, women, and the elderly,” she said, while also describing her hometown in Ukraine’s north as being in a state of ruin after weeks of shelling.
The images of battered corpses lying in the streets or hastily dug graves unleashed a wave of outrage that could signal a turning point in the nearly 6-week-old war. But sanctions have thus far failed to halt the offensive, and rising energy prices along with tight controls on the Russian currency market have blunted their impact, with the ruble rebounding strongly after initially crashing.
Western and Ukrainian leaders have accused Russia of war crimes before, and the International Criminal Court’s prosecutor has opened a probe to investigate the conflict. But the latest reports ratcheted up the condemnation even further, with Zelenskyy and others going so far as to accuse Russia of genocide.
The crime of genocide is difficult to prove, as prosecutors would have to show that the killers or their commanders had a “specific intent” to partially or wholly destroy a group of people — but the use of the word has clear emotional resonance and could serve to draw even more attention to the conflict.
Russian Foreign Minister Sergey Lavrov rejected the allegations, describing the scenes outside Kyiv as a “stage-managed anti-Russian provocation.” He said the mayor of Bucha made no mention of atrocities a day after Russian troops left last week, but two days later scores of bodies were photographed scattered in the streets.
He said Russia is pushing for an urgent meeting of the United Nations Security Council to discuss the matter, but the U.K., which currently chairs the body, has refused to convene it. The United States and Britain have accused Russia in recent weeks of using Security Council meetings to spread disinformation.
European leaders, meanwhile, left no doubt about who they thought was behind the killings.
EU foreign policy chief Josep Borrell said “the Russian authorities are responsible for these atrocities, committed while they had effective control of the area.”
“The perpetrators of war crimes and other serious violations as well as the responsible government officials and military leaders will be held accountable,” he added.
French President Emmanuel Macron said Monday that there is “clear evidence of war crimes” in Bucha that demand new measures. “I’m in favor of a new round of sanctions and in particular on coal and gasoline. We need to act,” he said on France-Inter radio.
But Poland’s prime minister, who described Russia under President Vladimir Putin as a “totalitarian-fascist state,” lashed out at German and French leaders by name for not doing more, while calling for actions “that will finally break Putin’s war machine.”
“President Macron, how many times have you negotiated with Putin? What have you achieved? … Would you negotiate with Hitler, with Stalin, with Pol Pot?” Mateusz Morawiecki asked. “Chancellor Scholz, Olaf, it is not the voices of German businesses that should be heard aloud in Berlin today. It is the voice of these innocent women and children.”
He said “the bloody massacres perpetrated by Russian soldiers deserve to be called by name: This is genocide.” Spain’s prime minister also used the word “genocide.”
But election victories by incumbent right-wing parties that are friendly to Russia in both Hungary and Serbia over the weekend pointed to other potential cracks in Western opposition to the invasion.
The U.S. and its allies have sought to punish Russia for the invasion by imposing sweeping economic sanctions. But they may be reluctant to impose measures that cause further harm to a global economy still recovering from the coronavirus pandemic. As a major oil and gas exporter, Russia stands to benefit from any rise in already high global energy prices.
Europe is in a particular bind, since it gets 40% of its gas and 25% of its oil from Russia. Governments have been scrambling to find ways to reduce that reliance without causing a substantial loss of economic output. Over the weekend, Lithuania announced it cut itself off entirelyfrom gas imports from Russia.
German Vice Chancellor Robert Habeck, who is also the economy minister and responsible for energy, said Europe can go “significantly further” in imposing sanctions against Russia. But he said Germany is right to take a longer-term approach to abandoning Russian energy imports.
Germany has faced criticism for opposing an immediate halt to Russian energy deliveries. The country says it hopes to end Russian coal imports this summer and oil imports by the end of the year, but halting gas will take longer since it relies more heavily on it.
“We are working every day on creating the conditions for and steps toward an embargo,” Habeck said. “We are on the right track.”
Wolfgang Buechner, a German government spokesman, meanwhile, said Putin and his supporters “will feel the consequences” of additional measures to be approved in the coming days, though he provided no details.
Putin’s Feb. 24 invasionhas left thousands of people dead and forced more than 4 million Ukrainians to flee their country. Putin has said the attack is aimed at eliminating a security threat and demanded that Ukraine drop its bid to join the NATO military alliance of Western countries. Ukraine insists it never posed any threat but has offered to officially declare itself neutral.
While Western officials initially said they believed Putin’s goal was to take Kyiv and potentially install a Kremlin-friendly government, Russian forces faced stiff resistance outside the capital and on other fronts, and have now retreated from some areas. Moscow says it is currently focusing its offensive on the Donbas in the country’s east, where Russian-backed separatists have been fighting Ukrainian forces for years.
Britain’s Defense Ministry said Monday that Russia continued to flood soldiers and mercenaries from the Wagner private military group into the Donbas. It said Russian troops are still trying to take the region’s strategic port city of Mariupol, which has seen weeks of heavy fighting and some of the worst suffering of the war.
“Mariupol is almost certainly a key objective of the Russian invasion,” the ministry said, as it would provide a land corridor from Russia to the Crimean Peninsula, which Moscow annexed in 2014.
On Monday, the Ukrainian military said its forces had retaken some towns in the northern Chernihiv region and humanitarian aid was being delivered.
___
Qena reported from Motyzhyn, Ukraine. Yuras Karmanau in Lviv, Ukraine, and Associated Press journalists around the world contributed.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/ukraine-accuses-russia-of-massacre-city-strewn-with-bodies/ | 2022-04-04T13:40:43Z |
PARIS, May 17, 2022 /PRNewswire/ -- ABL Europe (ABL), a pure play contract development and manufacturing organization (CDMO) specialized in development and manufacturing of virus for vaccine candidates, gene and cancer therapies and Odimma Therapeutics (Odimma) a young biotechnological company focusing on personalized cancer immunotherapy, announced that they have signed a development agreement. ABL will manufacture the viral component of Odimma's innovative and proprietary immunization platform ODI-2001. The viral component present in ODI-2001 plays the role of both a strong immune adjuvant and of a carrier for the DNA vector expressing personalized neoantigens. The GMP grade material produced by ABL will support clinical trials and early commercialization.
Cancer is a leading cause of death and morbidity worldwide. According to the World Health Organization, cancer burden rose to 19,3 million new cases and accounted for nearly 10 million deaths in 2020(1). One of the key challenges in the treatment of cancer is the improvement of current immunotherapies. Tailoring the medical treatment to each patient's tumor characteristics is one of the most promising approaches in the field.
Jean-Marc Limacher, MD, Chairman of Odimma Therapeutics said:
"The production of our viral component is the first pharmaceutical step in the development of ODI-2001, our personalized cancer immunotherapy ready to enter into clinic. We trust very much in the strong and historic expertise of ABL in the bioproduction of therapeutic viruses."
Patrick Mahieux, Managing Director of ABL Europe said:
"We are proud to collaborate with Odimma and leverage our long-lasting experience in viral vector manufacturing to contribute to bring solutions for the most difficult cancers to treat."
(1) Source : WHO, International Agency for Research on Cancer (IARC), Media Center – 15 Dec 2020 - Latest global cancer data: Cancer burden rises to 19.3 million new cases and 10.0 million cancer deaths in 2020 – IARC (who.int)
ABOUT ABL, AN INSTITUT MERIEUX COMPANY
ABL is a pure play contract development and manufacturing organization (CDMO) specialized in development and manufacturing of virus for vaccine candidates, gene and cancer therapies. ABL's mission is to provide GMP viral vectors from development to market, contributing to the success of its clients' immunotherapy innovations. ABL's CDMO services include bulk drug substance, fill/finish of drug product, process and assay development, and bioanalytical testing.
ABL is a subsidiary of the Institut Mérieux and operates from different locations, in Europe and in the US. For more information, please visit http://www.abl-biomanufacturing.com
ABOUT ODIMMA, AN INNOVATIVE FRENCH COMPANY
Odimma is a French biotech company with a unique approach in active personalized cancer immunotherapy. By harnessing the ability of the patient's own immune system to specifically recognize non-self-targets displayed by the tumor, also called neoantigens, Odimma has designed a potent next-generation personalized immunization platform. This proprietary platform has demonstrated its ability to induce a powerful cellular immune response against non-self-antigens as well as a strong anti-tumoral effect in tumor bearing mice. By design the immunization product can be produced in a short period of time and with no limits in the number of neoantigens to be targeted. For more information, visit http://www.odimma-therapeutics.com
MEDIA CONTACTS:
ABL, An Institut Mérieux Company
Justine CHABROL
Head of Communications & CSR
jchabrol@ablbiomanufacturing.com
Odimma Therapeutics,
Jessica MATTA
CEO
j.matta@odimma-therapeutics.com
Logo - https://mma.prnewswire.com/media/1818530/ABL_Odimma_Therapeutics_Logo.jpg
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SOURCE ABL & Odimma Therapeutics | https://www.mysuncoast.com/prnewswire/2022/05/17/abl-odimma-therapeutics-join-forces-personalized-cancer-immunotherapy/ | 2022-05-17T13:05:22Z |
KDWP accepting applications for special hunts
TOPEKA, Kan. (WIBW) - The Kansas Department of Wildlife and Parks (KDWP) is currently accepting applications for 2022-2023 “special hunts” which are hunts on lands not normally open to unrestricted hunting.
Some of these lands include KDWP-managed properties, refuges, walk-in hunting access areas, city and county properties, and other locations. KDWP limits the number of participants to ensure a quality experience or to achieve specific management goals, such as herd reduction.
This fall and winter, more than 370 special hunting opportunities will be held on the following properties:
- 21 - KDWP Wildlife Areas
- 6 - Kansas State Parks
- 3 - State Fishing Lakes
- 3 - County-owned Properties
- 2 - Private Lands
- 2 - National Wildlife Refuges
- 1 - U.S. Army Corps of Engineers Lake
Hunters will be able to apply in four different categories, including youth, mentor, disabled, and open hunts. KDWP’s special hunts program only provides access to properties. Licenses, permits, tags, stamps, and hunter education are still required, unless exempt.
KDWP’s licensing staff will draw applications for fall and winter special hunts on August 8, September 26, and December 12.
For a complete list of available special hunts, eligibility requirements, and instructions for applying, click here.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/14/kdwp-accepting-applications-special-hunts/ | 2022-07-14T22:35:37Z |
By Chris Higens, President, Animal Welfare League
CHICAGO, Aug. 10, 2022 /PRNewswire/ -- In 1903, the first ever American cross-country auto trip took place. Ken Burns, the famous documentary filmmaker chronicled this historic event in a film titled "Horatio's Drive." Dr. Horatio Nelson Jackson undertook this first drive along with Bud, his American Stafford Terrier.
It is quite fitting that the first dog to travel coast to coast by car in America would be an American Stafford Terrier, because, as anyone who really knows this breed of dog will tell you, there is no breed of dog that more clearly personifies the American spirit of courage, loyalty and fidelity than the American Stafford Terrier or, what people commonly refer to as the American Pitbull.
The origins of America's dog can be traced as far back as the early 16th century in England. And it is little wonder that reputation for courage, stamina and loyalty would earn them passage with colonists sailing on some of the first ships to the new world.
In America, domesticated canines had been around for at least 10,000 years and in fact, the Illinois area seems to hold most of the evidence yet found of ancient, domesticated canines than anywhere else on the continent. So, it is probably little wonder that researchers seeking to discover the origins of what would become the "American" version of the bull terrier would bring them to Illinois in search of genetic links that may present clues.
Like many common breeds today, the makeup of the American Pitbull is not fully agreed upon. All we know for sure is that the dogs that sailed from England centuries ago show little resemblance to their modern progenies. But while its looks, size and colorings may have changed, it is an undisputed fact that the soul of the animal lives on within the breed. The American Stafford Terrier is still regarded by many dog breeders and lovers as the dog that comes closest to personifying the adage of being "man's best friend".
It is more than simply unfortunate — it is heartbreaking that the reputation of America's greatest gift to domesticated canine husbandry has fallen into such ill repute. The American Stafford Terrier or Pitbull displays the perfect characteristics sought by pet owners. They are known to be loyal to the point of sacrificing their lives to save or protect their family members. They are intelligent and quickly learn the rules set down by their masters. They make excellent family pets and are great around kids. Being short-haired, they don't shed as much as other dogs, and are easier to keep clean. While they are not considered large animals, their frame and physical presence still command attention from strangers, making them an ideal companion for walks along city streets late at night.
So why is it that this incredible American creation, this perfect companion so eager to love, protect, and fully blend in with any size family, has come under such harsh criticism of late?
Just like human beings, animals — even animals of the same breed and from the same litter — vary in many ways. They all have unique personalities and are subject to hereditary traits that may or may not be associated with the breed. Because they are living entities, every one of them can also be damaged through environmental exposures, disease, genetics, neglect and abuse.
This is why it is so important that people obtain their pet — any type of pet — from a reputable source. This is also why we at the Animal Welfare League don't immediately put animals into the arms of people walking through our doors. We ask questions, we require applications, and we watch closely at how an animal reacts to a potential adopter. We have been criticized on social media for not immediately allowing people to adopt animals at our shelters. But people must understand that we are not in the business of finding animals for people, we are in the business of finding the right people for our animals. For more than 86 years, we have been putting animals and people together in relationships that, most often, we see blossom. We strive to find a home for all of the animals under our care but, unfortunately, there are times when we cannot allow an adoption because we feel that it is not in the best interest of the animal in question.
The bully breeds are no exception to this policy. Not every person or family can provide the right care for a large dog, a high-energy dog, or a dog suffering from anxiety or some other emotional problem. And it is because some rescues and shelters are too eager to close adoptions and keep their cages turning over that we see people being harmed by large breed or popular breed animals.
Pitbulls are getting a bad reputation not because they are a bad breed of dog. They are, in fact, a great breed of dog sought after by too many people that are simply not equipped to provide the handling and attention required of a highly intelligent and physically strong canine.
If you and/or your family are looking to bring some new love into the household, we would be happy to help you find the right animal. The bully breeds make great pets, but they are not for everyone. Stop by our shelter in Chicago Ridge and let us help you find your next big love that may, or may not, come in a big size.
"Where would they be without us?"
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SOURCE Animal Protective League | https://www.wibw.com/prnewswire/2022/08/10/why-adopting-your-pittie-reputable-source-is-so-important/ | 2022-08-10T19:24:09Z |
CHATTANOOGA, Tenn., June 1, 2022 /PRNewswire/ -- June marks the start of the 2022 hurricane season and forecasters are predicting above average activity. Chattanooga Gas is encouraging its customers to prepare for the severe inland storms an active storm season can bring.
Chattanooga Gas' number one value is safety and the company reminds customers to keep safety first as they prepare for the threat of severe weather. The company offers these natural gas safety tips for customers to remember:
Meter Safety
- Know the location of your natural gas meter.
- Do not attempt to turn off your gas supply at the meter. Only Chattanooga Gas or emergency personnel should turn the valve on or off.
- Following severe weather, make sure your natural gas meter is visible, and the area surrounding the meter is free of trash and debris. Mechanical equipment used during storm clean-up could damage the meter if it is hidden.
- If your natural gas meter is damaged or an underground gas line is exposed, leave the area immediately and call 911 or the Chattanooga Gas 24-hour emergency response line at 866-643-4170 from a safe location.
Appliance Safety – Before and After the Storm
- Leave your natural gas appliances connected in severe weather. Most modern gas appliances have safety valves that shut off the flow of natural gas automatically if there is a loss of gas pressure or flooding of the appliances.
- If you are not comfortable leaving your appliances connected, contact a certified plumber or HVAC representative to shut off your appliances at the cutoff valves. When it is safe to do so, have them return to turn the valves back on, leak test the line and ensure the appliance is safe to operate.
- If flooding occurs at your property and the gas appliances are underwater, please do not use the appliances until a safety inspection is conducted by a certified plumber or HVAC representative.
Damage Prevention
- Intense winds and saturated ground can cause trees to become uprooted. Contact Tennessee 811 to request that the underground utility lines be marked. This is important because the tree roots could become tangled with utility lines.
- If a natural gas meter is damaged or a natural gas line is exposed, please immediately leave the area and call 911 or the Chattanooga Gas 24-hour emergency response line at 866-643-4170 from a safe location.
Detecting Gas Leaks
- If you smell the distinctive "rotten-egg" odor associated with natural gas, leave the area immediately and move away from the potential leak.
- Look for blowing dirt, discolored vegetation or continued bubbling in standing water.
- Never try to identify the source of a leak or stop the leak on your own.
- Avoid using any sources of ignition, such as cell phones, cigarettes, matches, flashlights, electronic devices, motorized vehicles, light switches or landlines, as natural gas can ignite from a spark and cause a fire or explosion.
- Call the or the Chattanooga Gas 24-hour emergency response line at 866-643-4170 or 911 once you are in a safe location away from potential leak.
Generator Safety
- Generators can be helpful after a storm but dangerous if not used properly. The primary hazards to avoid when using a generator are carbon monoxide (CO) poisoning, electric shock or electrocution and fire.
- Never use a generator in an enclosed or partially enclosed space.
- Never try to power the house wiring by plugging the generator into a wall outlet, a practice known as "backfeeding."
- Plug appliances directly into the generator or use a heavy duty, outdoor-rated extension cord that is rated (in watts or amps) at least equal to the sum of the connected appliance loads.
- During a power outage, natural gas generators provide continuous fuel supply from an existing natural gas line. While these units are available in a range of sizes to meet various energy needs, please contact Chattanooga Gas prior to the purchase and installation to determine whether their service line and meter meet load requirements for the generator's safe and efficient operation.
For more information about Chattanooga Gas Light, log on to our website or connect with us on Facebook, Instagram or Twitter.
Chattanooga Gas is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Chattanooga Gas provides retail natural gas sales and transportation services to approximately 68,000 customers in Hamilton and Bradley counties in southeast Tennessee. The Chattanooga Gas service area includes the communities of Chattanooga, Cleveland, Red Bank, East Ridge, Lookout Mountain and Signal Mountain. For more information, visit chattanoogvesagas.com.
Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America's premier energy company. Southern Company Gas serves approximately 4.3 million natural gas customers through its regulated distribution companies in four states with approximately 666,000 retail customers through its companies that market natural gas. Other businesses include investments in interstate pipelines and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.
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SOURCE Chattanooga Gas | https://www.kxii.com/prnewswire/2022/06/01/chattanooga-gas-encourages-customers-prepare-summer-storm-season/ | 2022-06-01T20:09:26Z |
TOKYO, June 24, 2022 /PRNewswire/ -- From June 21-23, at the historic First Meeting of States Parties (1MSP) to the UN Treaty on the Prohibition of Nuclear Weapons (TPNW), held in Vienna, Austria, the Soka Gakkai International (SGI) joined civil society groups calling for universalization of the Treaty; cohosting workshops highlighting perspectives of affected communities and youth.
Hirotsugu Terasaki, SGI Director General of Peace and Global Issues, commented, "At this time of existential threat, all who gathered here have categorically asserted that nuclear weapons are morally and legally unacceptable. We welcome the Vienna Declaration and Action Plan and are determined to continue our efforts to strengthen the effectiveness of this groundbreaking Treaty."
The voices of hibakusha were a galvanizing force throughout the discussions. On June 21, the SGI cosponsored a side event addressing victim assistance, environmental remediation and international cooperation in line with Articles 6 & 7 of the Treaty with the Ministry of Foreign Affairs of Kazakhstan, Permanent Mission of Kiribati to the United Nations and Nuclear Age Peace Foundation.
Speakers included survivors of nuclear testing in Semipalatinsk, Kazakhstan, and a youth activist from the Marshall Islands, site of 67 nuclear tests. Rebecca Jovin, Chief of Office, United Nations Office for Disarmament Affairs (UNODA) at Vienna, speaking on behalf of Izumi Nakamitsu, UN Under-Secretary-General for Disarmament Affairs, highlighted the profoundly harmful effects of over 2000 nuclear tests conducted since 1945 stating, "The in-person participation of communities affected by nuclear testing serves as a real-life reminder as to why we must pursue the complete elimination of nuclear weapons."
Also on June 21, at the Youth MSP, the SGI and the Italian Senzatomica anti-nuclear campaign held a workshop on grassroots educational movements. Youth discussed reshaping the discourse around nuclear weapons and alternative educational approaches that empower learners. Watch youth interviews: https://twitter.com/sgi_info/status/1540163711448797185
Participant Sanya Rajpal of SGI-UK commented, "We have to break down the logic which leads to nuclear weapons and all forms of structural violence, and empower individuals to transform this in their own lives and then the world." The SGI and the International Disarmament Institute of Pace University also coauthored a working paper* on peace and disarmament education highlighting the critical role of education in universalizing the TPNW.
A Joint Interfaith Statement*, introduced by Olivia Baro, youth representative of the Pacific Conference of Churches, in a session on June 22, also urged wider ratification of the Treaty. It was signed by the SGI and a total of 144 organizations from diverse faith traditions.
The Soka Gakkai International (SGI) is an NGO in consultative status with the United Nations ECOSOC. The Soka Gakkai is a global community-based Buddhist organization with 12 million members that promotes peace, culture and education and has worked for the abolition of nuclear weapons for over 60 years.
Contact:
Joan Anderson
International Office of Public Information
Soka Gakkai
+81-80-5957-4711
anderson[at]soka.jp
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SOURCE Soka Gakkai | https://www.kxii.com/prnewswire/2022/06/24/sgi-buddhist-group-amplifies-voices-youth-faith-communities-victims-meeting-parties-nuclear-ban-treaty/ | 2022-06-24T08:53:35Z |
8.5% FY22 revenue growth; Company issues guidance for FY23
SUNNYVALE, Calif., Aug. 10, 2022 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported financial results for the fourth quarter and fiscal 2022 ended June 30, 2022.
Q4 Fiscal 2022 and Recent Operating Highlights
- Gross orders of $88.3 million
- Net revenue of $110.0 million
- GAAP net loss of $3.5 million. Adjusted EBITDA of $5.2 million
- Accuray ClearRT™ Helical Fan-Beam kVCT Imaging wins "Best New Technology Solution for Oncology" MedTech Breakthrough Award
Fiscal Year 2022 Highlights
- Gross orders of $332.3 million and ending backlog of $563.7 million
- Net revenue of $429.9 million, an increase of 8.5% from fiscal 2021
- GAAP net loss of $5.3 million improved from GAAP net loss of $6.3 million in the prior year. Adjusted EBITDA of $22.8 million as compared to adjusted EBITDA of $38.0 million in the prior year
- Accuray CyberKnife® System real world data and clinical studies presented at the International Stereotactic Radiosurgery Society congress reinforce benefits experienced by people with neurological indications treated over the last two decades
"The Accuray team delivered a solid fourth quarter beating consensus despite supply chain disruption and impacts from the COVID-19 lock downs in China. For the year, we delivered historic revenue levels demonstrating strong customer adoption of our latest product innovation. We continue to build a stronger business and invest in areas that are expected to deliver value to our customers to advance patient care," said Suzanne Winter, President and Chief Executive Officer.
Gross orders totaled $88.3 million for the fourth quarter of fiscal 2022 compared to $112.7 million for the prior fiscal year fourth quarter. Ending order backlog was $563.7 million, approximately 8.6 percent lower than at the end of the prior fiscal year as we experienced age-outs in the fourth quarter primarily driven by delayed installations in our China and EIMEA regions.
Total revenue was $110.0 million for the fourth quarter of fiscal 2022 compared to $110.9 million for the prior fiscal year fourth quarter. Product revenue totaled $58.0 million compared to $56.1 million for the prior fiscal year fourth quarter, while service revenue totaled $52.0 million compared to $54.8 million for the prior fiscal year fourth quarter.
Total gross profit for the fourth quarter of fiscal 2022 was $43.0 million, or approximately 39.1 percent of sales, comprised of product gross margin of 45.1 percent and service gross margin of 32.5 percent. This compares to total gross profit of $43.7 million, or 39.4 percent of sales, comprised of product gross margin of 41.5 percent and service gross margin of 37.3 percent for the prior fiscal year fourth quarter.
Operating expenses were $41.0 million, as compared to $39.6 million for the prior fiscal year fourth quarter.
Net loss was $3.5 million, or $0.04 per share, for the fourth quarter of fiscal 2022, compared to a net loss of $11.1 million, or $0.12 per share, for the prior fiscal year fourth quarter. Net loss for the fourth quarter of fiscal 2021 included a one-time charge of $9.9 million related to the exchange of a significant portion of the Company's existing 3.75% Convertible Senior Notes due July 2022 for newly issued 3.75% Convertible Senior Notes due May 2026 and the refinancing of the Company's senior secured revolving credit facility and term loan with new lenders. This one-time charge was recorded as non-operating, other expense in the fourth quarter of fiscal 2021.
Adjusted EBITDA for the fourth quarter of fiscal 2022 was $5.2 million, compared to $6.7 million for the prior fiscal year fourth quarter.
Cash, cash equivalents, and short-term restricted cash were $88.9 million as of June 30, 2022, a decrease of $9.1 million from March 31, 2022.
For the fiscal year ended June 30, 2022, gross orders totaled $332.3 million, representing an increase of 1.9 percent compared to the prior fiscal year.
Total revenue was $429.9 million for the fiscal year ended June 30, 2022 compared to $396.3 million for the prior fiscal year period. Product revenue totaled $214.7 million compared to $176.7 million for the prior fiscal year period, while service revenue totaled $215.2 million compared to $219.6 million for the prior fiscal year.
Total gross profit for the year ended June 30, 2022 was $160.0 million, or 37.2 percent of sales, comprised of product gross margin of 40.7 percent and service gross margin of 33.7 percent. This compares to total gross profit of $159.5 million, or 40.3 percent of sales, comprised of product gross margin of 42.2 percent and service gross margin of 38.7 percent for the prior fiscal year.
Operating expenses were $151.8 million, as compared to $137.3 million for the prior fiscal year period.
Net loss was $5.3 million, or $0.06 per share, for the fiscal year ended June 30, 2022, compared to a net loss of $6.3 million, or $0.07 per share, for the prior fiscal year period.
Prior fiscal year net loss included a one-time charge interest expense of $9.9 million related to the exchange of a significant portion of the Company's existing 3.75% Convertible Senior Notes due July 2022 for newly issued 3.75% Convertible Senior Notes due May 2026 and the refinancing of the Company's senior secured revolving credit facility and term loan with new lenders. The loss was recorded as non-operating, other expense in the fourth quarter of fiscal 2021.
Adjusted EBITDA for the fiscal year ended June 30, 2022 was $22.8 million, compared to $38.0 million for the prior fiscal year period.
Accuray's financial guidance is based on current expectations. The following statements are forward-looking and actual results could differ materially depending on market and economic conditions, the impact of the COVID-19 pandemic, supply chain disruption, and the factors set forth under "Safe Harbor Statement" below.
The Company is introducing guidance for fiscal year 2023 as follows:
- Total revenue is expected in the range of $447 million to $455 million, representing a year-over-year growth range of 4% to 6%.
- Adjusted EBITDA is expected in the range of $26 million to $30 million.
"While supply chain constraints, foreign exchange headwinds, and COVID-19 related lock downs in China are expected to create near term pressure, we believe our new product introductions will serve as catalysts for growth in FY23. We remain focused on margin expansion plans and investments in research and development to drive innovation and create shareholder value in the long term," said Ali Pervaiz, Chief Financial Officer.
Guidance for Adjusted EBITDA, a non-GAAP financial measures excludes depreciation and amortization, stock-based compensation expense, Enterprise Resource Planning (ERP) and ERP related expenditures, interest expense and provision for income taxes. For more information regarding the non-GAAP financial measures discussed in this press release, please see "Use of Non-GAAP Financial Measures" below.
Accuray will host a conference call beginning at 1:30 p.m. PT/4:30 p.m. ET today to discuss results for the fourth quarter of fiscal 2022 as well as recent corporate developments. Conference call dial-in information is as follows:
- U.S. callers: (833) 316-0563
- International callers: (412) 317-5747
Individuals interested in listening to the live conference call via the Internet may do so by logging on to the Investor Relations section of Accuray's website, www.accuray.com. There will be a slide presentation accompanying today's event which can also be accessed on the company's Investor Relations page at www.accuray.com.
In addition, a taped replay of the conference call will be available beginning approximately one hour after the call's conclusion and will be available for seven days. The replay number is (877) 344-7529 (USA), or (412) 317-0088 (International), Conference ID: 4554339. An archived webcast will also be available on Accuray's website until Accuray announces its results for the first quarter of fiscal 2023.
Accuray has supplemented its GAAP net income (loss) with a non-GAAP measure of adjusted earnings before interest, taxes, ERP and ERP related expenditures, depreciation, amortization and stock-based compensation ("adjusted EBITDA"). The calculation of adjusted EBITDA also excludes certain non-recurring, irregular and one-time items. Management believes that this non-GAAP financial measure provides useful supplemental information to management and investors regarding the performance of the company and facilitates a meaningful comparison of results for current periods with previous operating results. A reconciliation of GAAP net income (loss) (the most directly comparable GAAP measure) to non-GAAP adjusted EBITDA is provided in the schedules below.
There are limitations in using these non-GAAP financial measures because they are not prepared in accordance with GAAP and may be different from non-GAAP financial measures used by other companies. These non-GAAP financial measures should not be considered in isolation or as a substitute for GAAP financial measures. Investors and potential investors should consider non-GAAP financial measures only in conjunction with the company's consolidated financial statements prepared in accordance with GAAP.
Accuray Incorporated (Nasdaq: ARAY) is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions that are designed to deliver radiation treatments for even the most complex cases—while making commonly treatable cases even easier—to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Sunnyvale, California, with facilities worldwide.
Statements made in this press release that are not statements of historical fact are forward-looking statements and are subject to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release relate, but are not limited, to the company's future results of operations, including expectations regarding total revenue and adjusted EBITDA; expectations regarding the effect of the COVID-19 pandemic, supply chain and logistics challenges on the company and the market in general; expectations regarding the company's commercial strategy and execution as well as long-term growth opportunities and catalysts; expectations regarding demand for the company's products, adoption of new products and the company's order growth; the company's innovation-driven growth strategy and its ability to continue to build a stronger business, deliver value to its customers and create shareholder value and return on investment in the long term; expectations regarding the company's China joint venture and other partnerships; expectations regarding the company's products and new product innovations and developments; expectations regarding the company's product portfolio and its ability to position the company for growth; the impact of the company's products on its customers and its business, and market adoption of such products, including with respect to the company's VOLO Ultra enhancement and Clear RT Helical kVCT Imaging upgrades as well as other strategic product innovations; expectations regarding the future of radiotherapy treatment and the company's addressable market; and the company's leadership position in radiation oncology innovation and technologies. These forward-looking statements involve risks and uncertainties. If any of these risk or uncertainties materialize, or if any of the company's assumptions prove incorrect, actual results could differ materially from the results express or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the effect of the COVID-19 pandemic on the operations of the company and those of its customers and suppliers; disruptions to our supply chain, including increased logistics costs; the company's ability to achieve widespread market acceptance of its products, including new product and software offerings; the company's ability to develop new products or enhance existing products to meet customers' needs and compete favorably in the market, the company's ability to realize the expected benefits of the China joint venture and other partnerships; risks inherent in international operations; the company's ability to effectively manage its growth; the company's ability to maintain or increase its gross margins on product sales and services; delays in regulatory approvals or the development or release of new offerings; the company's ability to meet the covenants under its credit facilities; the company's ability to convert backlog to revenue; and such other risks identified under the heading "Risk Factors" in the company's Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission (the "SEC") on April 29, 2022 and as updated periodically with the company's other filings with the SEC.
Forward-looking statements speak only as of the date the statements are made and are based on information available to the company at the time those statements are made and/or management's good faith belief as of that time with respect to future events. The company assumes no obligation to update forward-looking statements to reflect actual performance or results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. Accordingly, investors should not put undue reliance on any forward-looking statements.
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Financial Tables to Follow
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SOURCE Accuray Incorporated | https://www.wibw.com/prnewswire/2022/08/10/accuray-reports-fourth-quarter-fiscal-2022-financial-results/ | 2022-08-10T20:52:16Z |
80% of cities analyzed saw double-digit SFR rent increases
BOSTON, July 26, 2022 /PRNewswire/ -- Rentometer has released their Q2 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFR because they are one of, if not the most, active residential rental asset classes today.
Rentometer's president, Mike Lapsley, commented that "we have increased our coverage and monitoring of the SFR market as the activity and interest in this particular market has escalated over the last few years."
The Q2 '22 report covers 252 cities and towns that had at least 25 3BR house data points in Q2 '21 and Q2 '22. We analyzed the year-over-year change in average rent prices by city/town for the second quarter.
Highlights from the report are as follows:
- 96% (242 total) of the 252 cities/towns experienced year over year rent increases
- 80% (202 total) of the 252 cities/towns analyzed experienced year over year rent increases greater than 10%
- Notable rental markets with increasing rents are:
Download the full report from Rentometer to view the complete rental market analysis.
About Rentometer, Inc.
Rentometer collects, analyzes, and distributes multifamily and single-family rental price data throughout the U.S. Our rental property analysis is proven to be a valuable tool for our diverse customer base including real estate professionals, investors, owners, and renters as we deliver more than 20,000 reports on a daily basis.
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SOURCE Rentometer, Inc. | https://www.kxii.com/prnewswire/2022/07/26/q2-national-rent-analysis-reveals-double-digit-increases/ | 2022-07-26T19:51:16Z |
Make Your Reference List Innovative, Compelling and Memorable for Prospective Employers
DETROIT, July 20, 2022 /PRNewswire/ -- The job and reference experts at Allison & Taylor, The Reference Checking Company offer 4 effective ways to stand out from other job applicants and improve your chances of landing the job you want.
Most people are all well aware of the importance of a resume when seeking new employment. Less known is the power of a well-crafted reference list that serves as a powerful "mini resume."
Here is a format created that will surely enhance a job applicant's chances for a job offer.
https://www.allisontaylor.com/sample-references.asp
It is critically important that you select your potential references with care and ensure your references speak to your strengths and the expertise you demonstrated when you worked with them.
- It allows you to showcase your abilities and achievements with former employers, and to tie that expertise in with the key job elements sought by prospective new employers.
- It allows you to choose a diverse number of references, each of whom will (ideally) be able to support different areas of expertise on your behalf.
- When offered to a potential employer, e.g., at the close of an interview, a well-crafted reference document will make a powerful and proactive statement on your behalf.
- You should provide your references with a recap of your skills that tie into the employment criteria identified by a prospective employer(s). This will best ensure that your references will provide exactly the feedback you would wish to share with potential new employers.
Here is a format created by Allison & Taylor, The Reference & Credential Checking Company that captures the criteria outlined above. This is in an editable, downloadable format.
https://www.allisontaylor.com/sample-references.asp
By choosing a group of references that is both supportive and diverse, you will be presenting employers with a more representative sampling of your overall attributes - and enhancing your prospects of gaining new employment.
Critical when seeking a job or promotion. Consider checking and validating your former employment references. Don't lose a promotion or job opportunity due to mediocre or bad job references.
JobReferences.com, powered by Allison & Taylor, The Reference Checking Company will call your former employer to obtain your references, document the results and provide a report to you.
Developers of GrowMyPaycheck.com – Ensure That You are the Master of Your Financial Destiny with Job Raises & Promotions.
Our firm is highly acclaimed with employers, employees and the media alike. Compliments and mentions from influential publications and writers at The Wall Street Journal, Christian Science Monitor, The New York Times, Workplace Bullying Institute, ABC Newswire, Forbes, USA Today, Hcareers, Fortune and MyFox News provide insight into our services. Allison & Taylor, The Reference Checking Company is headquartered in Michigan.
Board member of Workplace Fairness – Workplace Fairness is a national nonprofit organization that provides information, education and assistance to individual workers and their advocates nationwide and promotes public policies that advance employee rights.
Visit https://www.allisontaylor.com/ or https://www.jobreferences.com/
Allison & Taylor, Inc., the Reference Checking Company – Find us on Facebook! Follow us on Twitter Check out our Blog! JobReferences.com – Find us on Facebook! Follow us on Twitter, Check out our Blog!
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SOURCE Allison & Taylor, The Reference Checking Company | https://www.kxii.com/prnewswire/2022/07/20/4-effective-ways-stand-out-other-job-applicants/ | 2022-07-20T15:31:19Z |
IRVINE, Calif., June 22, 2022 /PRNewswire/ -- If a taxpayer underreports or fails to pay income tax from cryptocurrency income sources, they could face criminal and civil liability. While federal statutes have failed to reach this far in the past, cooperative agency efforts are using state legislation to target noncompliant taxpayers across the country.
To further their efforts, some of these programs are considering implementing whistleblower programs to bolster their own abilities to identify and prosecute tax evasion and fraud involving digital currencies and non-fungible tokens. It is more important now than ever to ensure that you do stay or become tax compliant.
At the Tax Law Offices of David W. Klasing, our seasoned Dual Licensed Cryptocurrency Tax Attorneys and CPAs are here to help. To get a first-time special reduced rate case assessment, call our offices today at (800) 681-1295 or schedule online here.
This is a new step that expands on the federal version of the False Claims Act (FCA). Tax cases, specifically those involving the underreporting of income on tax returns of any sort, are explicitly excluded from the federal version of the FCA. However, certain states that have adopted their own version of the FCA may present a unique threat for tax enforcement.
Taxpayers who skirt tax payments on virtual investments could be exposed to both criminal and civil tax liability under state versions of the FCA. Specifically, Delaware, Florida, Illinois, Indiana, Nevada, New York, Rhode Island and Washington, D.C., authorize state FCA suits based on tax liability for failure to report income and making false statements on those returns.
The underreporting of virtual currency transactions is also a target of the IRS. The 2021 IRS Form 1040 prominently includes the following question at the top of the first page; "At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?"
While the federal FCA explicitly excludes tax cases, the IRS and the U.S. Department of Justice (DOJ) have made no secret of their efforts to address cryptocurrency tax fraud through criminal prosecutions. Federal tax code provides for the assessment of a 75% civil penalty for any underpayment of taxes where the taxpayer committed fraud. Even if fraud cannot be established, penalties for failure to report income or for underreporting income could apply.
International and state authorities could soon bolster enforcement efforts by rewarding individuals who provide information about underreporting income on virtual currency transactions. As a result, digital asset investors and their tax advisors could find themselves subject to liability under yet another regulation creeping into cryptocurrency governance.
In the past, whistleblowers have proven to be a helpful resource in identifying and pursuing FCA violations. Potential tipsters have found motivation in state FCA provisions that allow whistleblowers to share in potential recovery awards.
The frequency of these tips is likely to rise if the the Joint Chiefs of Global Tax Enforcement (also known as the J5) adopt their own form of whistleblower program to boost their enforcement efforts. The J5 has launched its own coordination event to target non-fungible tokens and decentralized exchanges. Blockchain technology, which publicly records digital asset transactions, now allows the government to independently test the veracity of whistleblower claims and focus in on egregious violators.
The developments discussed above suggest that further Treasury regulations and IRS actions regarding cryptocurrency reporting enforcement are likely to come in the near future. With additional cooperation among federal, state and non-U.S. tax authorities, taxpayers should be mindful of their reporting requirements.
The first step in remaining compliant with your cryptocurrency income tax filings is to identify what the government is looking for. Any sale or disposition of a digital asset, including trading one form of cryptocurrency for another, is a reportable transaction. You must also report any cryptocurrency you receive as payment for goods, services, or income through employment, as well as any cryptocurrency earned through mining.
Crypto gains and losses should be reported on Form 8949, which requires the name of the cryptocurrency; purchase date; purchase quantity and price; date sold, traded or disposed of; sale price; and market value of the digital asset at the time of sale. These should all be tracked rigorously, so you should have a reliable system for recording your cryptocurrency transactions that you can look to when preparing your filings.
Of course, it is possible that mistakes have already been made. Rather than ignoring the issue or waiting for the government to come knocking on your door, there are actions that you can take today to reduce the potential consequences of any missteps in your cryptocurrency income reporting.
Just this year, the IRS released its revised Form 14457, which now allows taxpayers facing criminal tax issues to disclose all domestic and foreign noncompliant currency either directly owned or controlled by the taxpayer or of which the taxpayer was the beneficial owner. This is one form of voluntary disclosure, a process by which taxpayers can come forward with amended filings and additional documentation of their past noncompliance. In exchange for the taxpayer's cooperation, the government offers potential reductions in penalties and reductions in charges.
Voluntary disclosure does not work in all cases and may end up doing more harm than good if handled the wrong way. You should only apply for voluntary disclosure after having a thorough assessment of your situation from a seasoned Tax Attorney and CPA.
If you have failed to file a tax return for one or more years, failed to report cryptocurrency based gains or taxable income or have taken a position on a tax return regarding cryptocurrency that could not be supported upon an IRS or state tax authority audit, eggshell audit, reverse eggshell audit, or criminal tax investigation, it is in your best interest to contact an experienced tax defense attorney to determine your best route back into federal or state tax compliance without facing criminal prosecution.
Note: As long as a taxpayer that has willfully committed tax crimes (potentially including non-reported cryptocurrency taxable income coupled with affirmative evasion of U.S. income tax on offshore income) self-reports the tax fraud (including a pattern of non-filed returns) through a domestic or offshore voluntary disclosure before the IRS has started an audit or criminal tax investigation / prosecution, the taxpayer can ordinarily be successfully brought back into tax compliance and receive a nearly guaranteed pass on criminal tax prosecution and simultaneously often receive a break on the civil penalties that would otherwise apply.
It is imperative that you hire an experienced and reputable criminal tax defense attorney to take you through the voluntary disclosure process. Only an Attorney has the Attorney Client Privilege and Work Product Privileges that will prevent the very professional that you hire from being potentially being forced to become a witness against you, especially where they prepared the returns that need to be amended, in a subsequent criminal tax audit, investigation or prosecution.
Moreover, only an Attorney can enter you into a voluntary disclosure without engaging in the unauthorized practice of law (a crime in itself). Only an Attorney trained in Criminal Tax Defense fully understands the risks and rewards involved in voluntary disclosures and how to protect you if you do not qualify for a voluntary disclosure.
As uniquely qualified and extensively experienced Criminal Tax Defense Tax Attorneys, Kovel CPAs and EAs, our firm provides a one stop shop to efficiently achieve the optimal and predictable results that simultaneously protect your liberty and your net worth. See our Testimonials to see what our clients have to say about us!
To get experienced and dedicated assistance in answering all of your cryptocurrency reporting concerns, contact the skilled Tax Attorneys and CPAs at the Tax Law Offices of David W. Klasing by calling us at (800) 681-1295 or book online today.
See our Bitcoin and Cryptocurrency Q and A Library
Here is a link to our YouTube channel: click here.
Public Contact: Dave Klasing Esq. M.S.-Tax CPA, dave@taxesqcpa.net
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SOURCE Tax Law Offices of David W. Klasing, PC | https://www.kxii.com/prnewswire/2022/06/22/tax-law-offices-david-w-klasing-cryptocurrency-tax-enforcement-could-soon-reward-whistleblowers/ | 2022-06-22T11:17:54Z |
Bolton fifth Gonzaga starter to declare for NBA draft
SPOKANE, Wash. (AP) — Gonzaga guard Rasir Bolton has become the fifth starter to declare for the NBA draft. He announced his decision on social media. Bolton played one season at Penn State and two more at Iowa State before transferring to Gonzaga. He is eligible for a second season at Gonzaga due to a COVID-19 waiver granted to all players who competed in 2020-21. Four other Gonzaga starters have submitted their names to the draft, including projected first-round pick Chet Holmgren, forward Drew Timme, wing Julian Strawther and point guard Andrew Nembhard. | https://localnews8.com/sports/ap-national-sports/2022/04/28/bolton-fifth-gonzaga-starter-to-declare-for-nba-draft/ | 2022-04-28T18:06:04Z |
CLEVELAND, Aug. 12, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of sustainable and specialized material solutions, today announced it has entered into a definitive agreement to sell its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash, subject to regulatory approval.
On April 20, 2022, the company announced it was exploring a sale of its Distribution business, in connection with announcing an agreement to acquire the Protective Materials business of DSM. The company recently completed that process, culminating in today's announcement.
"As expected, there were multiple buyers interested in acquiring the Distribution business, and it was a competitive process," said Robert M. Patterson, Chairman, President and Chief Executive Officer, Avient Corporation. "Ultimately, we selected H.I.G. Capital based on the strength of their proposal, which values the business at approximately 10x LTM EBITDA and includes no financing contingencies. We are also confident that H.I.G. will make an excellent home for the Distribution business and a good partner for Avient as both a supplier and a customer."
The company noted that after-tax proceeds of approximately $750 million from the sale will be used to pay down near-term maturing debt. Pro forma for the sale of the Distribution business and the forthcoming acquisition of DSM's Protective Materials business, net debt to adjusted EBITDA leverage will be approximately 2.8x at the end of the year.
Mr. Patterson added, "The sale of the Distribution business and acquisition of DSM Protective Materials represent the next steps in our specialty transformation that began over a decade ago. We are excited about our future as a pure play specialty formulator of sustainable solutions."
In accordance with US GAAP, the company expects the Distribution business will be classified as "held for sale" and reported as a discontinued operation in future filings.
The company noted that Moelis & Company LLC and Goldman Sachs served as financial advisors to Avient. Jones Day served as outside legal counsel. The sale is subject to satisfaction of regulatory requirements and other customary closing conditions.
About Avient
Avient Corporation (NYSE: AVNT) provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:
- Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy
- Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint
- Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
Avient employs approximately 8,800 associates and is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®. For more information, visit www.avient.com.
Forward-Looking Statements
In this press release, statements that are not reported financial results or other historical information are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including without limitation, any supply chain and logistics issues; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; any material adverse changes in the business supporting the Distribution assets being sold; the ability to obtain required regulatory or other third-party approvals and consents and otherwise consummate the proposed sale of the Distribution business; any material adverse changes in the Protective Materials Business proposed to be acquired from Royal DSM ("DSM"); our ability to achieve the strategic and other objectives relating to the proposed acquisition of the DSM Protective Materials business and the proposed sale of the Distribution business; and other factors described in our Annual Report on Form 10-K for the year ended December 31, 2021 under Item 1A, "Risk Factors." The above list of factors is not exhaustive.
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
Non-GAAP Reconciliation
The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for net debt to adjusted EBITDA leverage, to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs. Each of such adjustments has not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information.
To access Avient's news library online, please visit www.avient.com/news
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SOURCE Avient Corporation | https://www.kxii.com/prnewswire/2022/08/12/avient-signs-agreement-divest-distribution-business-hig-capital-950-million/ | 2022-08-12T11:02:08Z |
CANBERRA, Australia (AP) — Australian singer-songwriter Nick Cave has confirmed the death of his son Jethro Lazenby at age 31.
“With much sadness, I can confirm that my son, Jethro, has passed away,” the frontman of rock band Nick Cave and the Bad Seeds said in a statement Tuesday.
“We would be grateful for family privacy at this time,” Cave added.
A fashion model, rapper, actor and photographer, Lazenby was Cave’s son with model Beau Lazenby and was born in Melbourne in 1991.
He was the eldest of Cave’s four children, all boys.
One of Cave’s twin sons with his current wife, Susie Cave, died in an accidental fall from a cliff near Brighton, England, in 2015. Arthur Cave had taken the psychedelic drug LSD before he fell at age 15.
Jethro Lazenby, who used the name Jethro Cave to help his modeling career, was found dead a day after he was released from prison last week.
Lazenby’s body was discovered in a Melbourne motel on Friday afternoon, a police statement said.
A coroner will determine the cause of his death. There were no indications that he was a victim of crime, police said.
He had been in custody since shortly after he assaulted his mother during an argument in her Melbourne home on March 7 and left her bruised and bleeding, Melbourne’s Herald Sun newspaper reported.
He pleaded guilty to a charge of unlawful assault and to breaching court orders. He was released from a remand prison on strict bail conditions Thursday, the newspaper reported.
A magistrate ordered him to undergo substance abuse treatment and to avoid contact with his mother for two years. He was to return to court in June to be sentenced for the assault and for stealing from a convenience store.
Lazenby had been imprisoned in 2018 for assaulting a girlfriend.
His lawyer told a magistrate last month that his client had a longstanding diagnosis of schizophrenia.
Lazenby told the London-based Evening Standard newspaper in 2012 that he was 7 or 8 when he first met his famous father. Cave told Britain’s The Guardian newspaper in 2008 he would always regret his lack of contact with his son in early childhood.
“But I now have a great relationship with him,” Cave said. “It was difficult at the time, but it turned out great in the end.”
Lazenby is survived by a younger half-brother, Luke Cave, who was also born in 1991. The musician’s second child, only days younger than his first, was born in Brazil to his then-wife Viviane Carneiro, a Brazilian fashion designer and journalist.
Lazenby is also survived by half-brother Earl Cave, Arthur’s twin. The twins were born in 2000. | https://cw33.com/entertainment-news/ap-entertainment/nick-cave-confirms-son-jethro-lazenby-in-his-30s-has-died/ | 2022-05-11T01:06:30Z |
The Government Finance Officers Association of the United States and Canada awarded the Temple Independent School District with its Certificate of Achievement for Excellence in Financial Reporting.
Temple ISD staffers win financial awards
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Which men’s Under Armour golf shirt is best?
Golf is a challenging sport, and feeling comfortable when you swing a club is important. The right shirt allows your body to move freely, and looking good is a bonus that comes from wearing a stylish golf shirt.
One of the leading golf shirt brands is Baltimore-based Under Armour. The brand features a full lineup of golf shirts designed for performance, style and functionality. The shirts have a reputation for bold colors and patterns, plus innovative technology that wicks sweat and prevents odor buildup. The best Under Armour golf shirt is the Men’s Playoff 2.0 Golf Polo for its two-way fashion on and off the course.
What to know before you buy a men’s Under Armour golf shirt
Which fit do I need?
Golf shirts have two basic fit patterns. Regular fit shirts are designed for comfort with longer and wider bodies and sleeves. The waist is also wider with little or no taper at the bottom. The armholes are deeper for greater movement. Slim fit shirts have narrow sleeves and bodies, and the waist is tapered. The armholes are tighter, and they are stylish and intended to flatter the physique. Slim fit is worn best by men with narrow shoulders and chests.
Which material is best?
The four primary materials used to make golf shirts each deliver benefits that aid the golfer.
• Cotton pique is what most designer golf polos are made from. They are soft, comfortable, wick sweat and look good both on and off the course.
• Polyester provides a fashionable sheen that looks sporty. Most Under Armour golf shirts are entirely polyester or a polyester blend.
• Elastane and spandex are blended with cotton pique or polyester to improve flexibility. They allow the material to stretch with the natural movement of the body.
Which golf shirt is best for off the course?
Golf shirts are popular in casual business settings, such as work and restaurants. Cotton pique golf polos are designed to be worn both on and off the course. They are rugged and soft, and they don’t look as sleek and athletic as polyester shirts.
What to look for in a quality men’s Under Armour golf shirt
Wicking
Under Armour golf shirts have moisture wicking technology. It draws perspiration away from the skin toward the shirt exterior. Sweat evaporates faster on the surface than when it’s trapped between the skin and shirt. This same design also allows air to flow through, which dries the shirt and keeps you cool.
Anti-odor technology
Under Armour has innovative technology that prevents bacteria from forming from sweat. This prevents your shirt from smelling after a long day on the course. This is a great feature after a round of golf if you plan to grab dinner or visit friends before you can shower.
Flexibility
Most Under Armour golf shirts have four-way designs that allow the material to stretch horizontally and vertically. The shirt moves freely with the body’s motion while walking or swinging.
UV protection
The materials used for golf shirts naturally absorb some level of ultraviolet light. This is added protection for sunny climates, but you should still use sunscreen on exposed skin.
How much you can expect to spend on a men’s Under Armour golf shirt
Under Armour golf shirts are priced between $30-$75. The size and style of the shirt will impact the price. Shirts with elastane for flexibility and a slim fit design run $45-$75, while regular fit shirts are priced from $30-$50.
Men’s Under Armour golf shirt FAQ
How do I find the right size?
A. The right shirt size is based on your respective chest and waist size. Under Armour has an online sizing chart that can help you find the right size.
Do Under Armour golf shirts have special washing instructions?
A. Read the washing instructions on each shirt. Most golf shirts recommend washing the shirt inside-out in cold water without softeners. They should be tumble dried on low and never ironed or dry cleaned.
What are collarless golf shirts?
A. Collarless golf shirts are growing in popularity. They have the same properties as traditional golf polos, but for some golfers, they are more comfortable and cooler since there aren’t collar flaps to trap heat. Under Armour has several collarless styles.
What is the best men’s Under Armour golf shirt to buy?
Top men’s Under Armour golf shirt
Under Armour Men’s Playoff 2.0 Golf Polo
What you need to know: The fashionable design of this shirt makes it a great choice for the golf course, but it also can be worn in business settings.
What you’ll love: The shirt is made from polyester and elastane. Elastane improves flexibility and allows full range of motion, and this shirt has excellent wicking and drying properties. A pull-on closure makes it easy to put on and take off.
What you should consider: Not all sizes are available for the many colors and patterns in this lineup.
Where to buy: Sold by Amazon and Dick’s Sporting Goods
Top men’s Under Armour golf shirt for the money
Under Armour Men’s Tech Golf Polo
What you need to know: This affordable golf shirt is stylish, soft and breathable. Your golf swing will feel comfortable because you are.
What you’ll love: The shirt is polyester and wicks away sweat and dries quickly on hot days. The textured material has folded seams to reduce chafing. It has a pull-on closure for easy removal, and it features Under Armour’s temperature-based technology.
What you should consider: All sizes are not available in the wide array of colors.
Where to buy: Sold by Amazon and Dick’s Sporting Goods
Worth checking out
Under Armour Men’s Vanish Seamless Blocked Polo
What you need to know: An innovative sew-free construction eliminates chafing and makes this shirt free-flowing and comfortable.
What you’ll love: This knit shirt is soft and designed with mesh ventilation in the areas that need it most. The four-way stretch material moves easily in all directions. It wicks sweat, dries fast and features anti-odor technology.
What you should consider: There were reports that the sizes run slim leading to a tight fit.
Where to buy: Sold by Amazon and Dick’s Sporting Goods
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/sports-fitness-br/golf-br/best-mens-under-armour-golf-shirt/ | 2022-05-21T17:07:32Z |
903 Brewers moves upcoming facility in wake of Globitech expansion
SHERMAN, Texas (KXII) - 903 Brewers celebrated groundbreaking on its newest location in March, but that’s changing now, thanks to a need for land as Sherman grows.
“Sometimes you just got to be patient and let things plan out,” said Jeremy Roberts, founder, and brewer of 903 Brewers.
On the blueprint for 903 Brewers’ newest location near 1417 and Northgate is 42,000 square feet for production, 50,000 for packaging, new jobs, and of course, beer.
But Sherman and Globitech are eyeing that location for another use.
“They really needed that entire, it’s about 144 acres, including all the land that goes up to 1417,” said President of Sherman Economic Development Corporation Kent Sharp.
903 Brewers is selling their 5 acres of land back to the city in exchange for another piece of land with 10 acres and reimbursement for costs the company already poured into the existing site.
“It’s a win for us because we get a little bit more land, and we’re seeing prices drop, so that’s gonna save us money as well,” said Roberts. “We’re seeing lumber drop, concrete drop, all of that.”
Selling the land back to Sherman means 903 Brewers will have to move its new location across the road.
“That’s going to lock us in for a long time,” said Roberts. “Now, we’ll have plenty of room to grow.”
SEDCO said Globitech plans to use the original site for a wafer production facility.
“This is really exciting for not only Sherman but for Grayson County, our state, and the United States because there hasn’t been this type of product made in the United States in over twenty years,” said Sharp.
Sharp said Globitech’s proposed 5 billion dollar facility would bring 1500 jobs.
And on Tuesday, SEDCO voted to approve 20 million dollars in incentives over ten years to Globalwafer, Globitech’s parent company.
“This is going to have huge economic impacts on employment, direct employment, indirect employment,” said Sharp.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/15/903-brewers-moves-upcoming-facility-wake-globitech-expansion/ | 2022-06-15T23:48:25Z |
Why you should reach out to old friends
By Rachel Fadem, CNN
Thinking of reaching out to old friends but nervous it will be awkward or that they won’t appreciate it? You should make those phone calls or send a text or email, according to new research.
A study published July 11 in the Journal of Personality and Social Psychology found that people often underestimate how much their friends and old acquaintances appreciate hearing from them.
“If there’s been someone that you’ve been hesitating to reach out to, that you’ve lost touch with perhaps, you should go ahead and reach out, and they’re likely to appreciate it much more than you think,” said Peggy Liu, the study’s lead author. Liu is the Ben L. Fryrear chair in marketing and associate professor of business administration at the University of Pittsburgh’s Katz Graduate School of Business.
The researchers conducted a series of 13 experiments with more than 5,900 participants to see if people could accurately estimate how much their friends value them reaching out and what forms of communication make the biggest impact. In these experiments, reaching out was defined as a phone call, text, email, note or small gift.
The experiments found that initiators significantly underestimated the recipient’s reaction to the check-in.
“It’s often less about these kinds of grand overtures that we can make in our relationships and more about the small moments of letting a friend know that we’re thinking of them,” said Miriam Kirmayer, a clinical psychologist and friendship expert who was not involved in the study.
A recipient appreciated the communication more when it was surprising, such as when it was from someone the recipient did not regularly contact or when the participant and recipient did not consider themselves to be close friends, the study found.
“When you feel that sense of positive surprise,” Liu said, “it really further boosts the appreciation that you feel.”
Relationships, including friendships, can be one of the strongest predictors of how healthy we are and how long we live, and they can boost our overall well-being.
“Those types of small reach outs with lower stakes can go a long way towards strengthening relationships early on, getting a friendship off the ground and maintaining them over time,” Kirmayer said.
Overcoming anxiety about being rejected
Friendships require nourishment, sociologist Anna Akbari said. But a variety of insecurities can prevent us from reaching out, said Akbari, who was not involved in the study.
To get over some of this discomfort, take notice of automatic thought patterns that arise when thinking about communicating with a friend, and try to push back against them, Kirmayer said. These patterns can include ideas that one friend cares more and puts in more effort than another, or the assumption that a friend does not like you back.
One of the common fears around reaching out is rejection, Akbari said. When focusing on the possibility of rejection, one may deprive oneself of close friendships and enjoyable experiences, she added.
It’s impossible to avoid rejection, so learning how to be OK with it can allow people to become more resilient, Akbari said.
People can also combat fear by putting themselves in their friends’ shoes and thinking about how they would feel if they received the contact, said Marisa Franco, a psychologist and assistant clinical professor at the University of Maryland and author of the forthcoming book “Platonic: How the Science of Attachment Can Help You Make — and Keep — Friends.” She was not involved in the study.
Doing so can help push back against the assumption things will go poorly when you reach out, she added.
Using social media as a way to connect
The recent research did not evaluate the effects of reaching out on social media platforms, and friendship experts have conflicting opinions on how much social media may make a difference when communicating with an old friend.
For those who aren’t ready to text or call their friends out of the blue, commenting or responding on social media can be a good place to start, Franco said.
However, using social media isn’t the most natural form of communication and can often lead to more surface level conversations, Akbari said.
“We mistake comments on social media posts as personal communication and connection rather than private exchanges,” she said.
And while communicating by text or email isn’t as impersonal as social media, Akbari recommended that people call their friends. It might feel awkward to pick up the phone and make a call, but the connection will likely be more genuine, she added.
Younger generations have become conditioned to communication that doesn’t happen in real time, she said. As a result, they may feel performance anxiety when picking up the phone.
“If we’re on the phone or face-to-face with someone, we’re having a dialogue,” Akbari said. “You can respond. I can say something. There is no sort of delayed ‘I’m going to think about it,’ ‘I’m going to craft just the right thing’ or ‘I can easily opt out if it makes me the slightest bit uncomfortable.'”
Not quite ready to call? Write a gratitude letter, said Harry Reis, a psychology professor and dean’s professor in arts, sciences and engineering at the University of Rochester. He was not involved in the study. Practicing gratitude has been shown to lead to “solidified and secure social relationships,” according to a 2021 study by the Journal of Applied School Psychology.
Take time to evaluate your friendships
This new study can help calm the anxiety that people face when it comes to contacting friends, Akbari said. Since the primary way people reach out is through private means of communication, the worst that can happen is that the recipient does not respond, she added.
“You kind of got your answer of how that person regards you,” Akbari said of a lack of response. “You shift your attention to someone else who will be more appreciative, who will reciprocate.”
Friendships can sometimes feel one-sided, where one person feels like they are putting in all the effort, Kirmayer said.
Kirmayer has noticed that many clients have been increasingly worried they are carrying a heavy emotional load when it comes to their friendships. However, this often isn’t the case, she added.
“Sometimes we can overestimate the extent to which we ourselves are the one reaching out,” she said. “It’s also important to push back against that a little bit, to take notice of the little moments when our friends are reaching out.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/health/cnn-health/2022/07/30/why-you-should-reach-out-to-old-friends/ | 2022-07-30T18:40:59Z |
Innovative Covers Designed to Improve Maintenance, Protect Aircraft & Pilots
SHERIDAN, Wyo., Aug. 16, 2022 /PRNewswire/ -- As the US military continues to look for ways to increase mission flexibility and protect its pilots and aircraft, industry pioneer Kennon Products is unveiling its innovative Portable Magnetic Aircraft Covers (PMAC). The entire PMAC line provides superior protection in a highly portable format.
Today's modern fighter jets — the F-22 and F-35 — are high precision, state-of-the-art flying computers susceptible to Foreign Object Debris (FOD). FOD can come from nature — birds, rodents, blowing dust, rain, and snow. It can also come from human error. Such was the case in May 2020, when an F-22 crashed near Eglin Air Force Base in Florida. Investigators determined the event resulted from human error — a piece of tape was left on the aircraft after servicing. The piece of tape impacted a flight control sensor and caused the pilot to eject (safely). However, the $200M+ F-22 jet was lost.
Kennon's covers protect aircraft, ease maintenance, and reduce deadly accidents by providing coverage that prevents FOD intrusion. They also reduce the need for tape.
"The best covers are the ones you have with you and the ones you use. Our PMAC covers are easier to see and remove; plus, they stow on board the aircraft," said Kennon CEO Joe Wright.
Unlike standard covers, Kennon's PMAC line of products can be folded and packed into a small compartment on the aircraft. This portability enhances mission flexibility and reduces the logistical footprint of moving traditional bulky covers and plugs from location to location. Because the covers stay with the aircraft, regardless of where it lands, crews can cover up the various intakes, exhausts, and ports. The jet will never be apart from its protective covers. Kennon can also print on the covers, including a squadron's graphics, tastefully displayed when the jets are parked.
The PMAC covers use various advanced composite materials and seals to withstand repeated washings and environmental exposure, including winds up to 70 mph. Kennon's covers protect the fighter jet canopies during maintenance without touching sensitive surfaces.
Kennon designed the F-22 Alpha Cover for line-to-line fitment. Made from UV-resistant polyurethane, the cover seals the probe from the elements without damaging fifth-generation LO (low observable) coatings. The fit is secure, even during extreme weather.
Kennon's PMAC line was born from a prototype first designed by Retired Air Force Technical Sergeant Daniel Caban, who witnessed the logistical challenges of transporting the complete set of plugs and covers that must go with each aircraft. Caban's prototype, featured in the Air Force's Spark Tank competition, prompted AFWERX, the Air Force's technology accelerator group, to award Kennon several contracts.
The initial award was to develop, manufacture, and commercialize the PMAC product line. Kennon has received additional contracts from the US Air Force that address other PMAC products, including multi-purpose wash covers and an advanced canopy protection system for the F-35 and F-22 are now in development.
"These technologies can be applied or scaled to other aircraft platforms, both fixed wing and rotorcraft. American allies worldwide also fly these aircraft, so we know there is a large market for this technology," Wright said.
Founded in 1984, Kennon Products is a leading designer and manufacturer of products that protect people and high-value assets for the military, aviation, and healthcare industries. The company employs more than 60 people at its Sheridan, Wyoming facility. Kennon is an employee-owned ESOP (employee stock ownership program) company. With engineering and manufacturing at its core, Kennon Products says yes to virtually any project whose goal is to protect high-value assets. Learn more about Kennon Products at kennonproducts.com.
Contact: Neal Leavitt, 760-639-2900, neal@leavcom.com
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SOURCE Kennon | https://www.wibw.com/prnewswire/2022/08/16/kennon-announces-portable-magnetic-aircraft-covers-military-fighter-jets/ | 2022-08-16T08:34:24Z |
Dubai International Financial Centre records strong growth in H1 2022, reaffirming Dubai's status as a global financial hub
Published: Sep. 8, 2022 at 12:40 PM EDT|Updated: 2 hours ago
DUBAI, UAE, Sept. 8, 2022/PRNewswire/ -- Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, delivered robust growth in the first half of 2022. The Centre's strong performance reinforces DIFC's Strategy 2030 to drive the future of finance, differentiate Dubai as a global hub for financial institutions, FinTech and innovation companies, and increase its economic contribution to the emirate.
A total of 537 new entities registered during the first half of this year, representing an 11 per cent year-to-date increase. The total number of companies operating in DIFC has gone up from 3,297 to 4,031 at the end of June 2022, an increase of 22 per cent year-on-year.
The Centre is now home to 1,252 financial and innovation related companies, an increase of 22 per cent from the same period in 2021. FinTech and innovation companies jumped from 406 to 599, a 23 per cent increase year-on-year.
During the first half of this year, changes to DIFC laws and regulations included amendments to its globally recognised data protection law. In alignment with the country's vision to become a global benchmark in Open Finance, DIFC established the region's first Open Finance Lab, following an agreement with the Central Bank of the UAE. Furthermore, DIFC expanded its Innovation Hub proposition by launching a global Venture Studios hub and introducing a USD 100 million Venture Debt Fund.
The Centre also generated a new wave of interest in Dubai from US financial services companies, following its successful roadshow with senior executives from more than 100 American financial services and technology companies in attendance. In addition, the Republic of Türkiye Roadshow witnessed a series of strategic meetings with key clients and partners in Istanbul in a move to create strong partnerships with companies in the Republic of Türkiye. DIFC also held a successful roundtable in Tel Aviv, Israel, with 30 prospective clients across a wide range of businesses in the financial services sector.
Amongst its 4,031 entities, DIFC is currently home to 17 of the world's top 20 banks, 25 of the world's top 30 global systemically important banks, five of the top 10 insurance companies, five of the top 10 asset managers, and many leading global law and consulting firms.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/09/08/dubai-international-financial-centre-records-strong-growth-h1-2022-reaffirming-dubais-status-global-financial-hub/ | 2022-09-08T18:16:14Z |
NEW YORK (AP) — A judge on Thursday made it likely she’ll rule in weeks rather than months whether NFL Commissioner Roger Goodell gets to decide the merits of racial discrimination claims made by Black coaches against the league and its teams, saying an effort to gather more evidence seems like “an impermissible fishing expedition.”
U.S. District Judge Valerie Caproni said in a written ruling that lawyers for coaches Brian Flores, Steve Wilks and Ray Horton cannot gather additional evidence from defendants to support their arguments that the lawsuit in Manhattan federal court should remain in court rather than be sent to arbitration.
Her ruling makes it likely that a decision on whether to move the case to arbitration or let it remain in Manhattan federal court will be decided in weeks rather than months.
“Because Plaintiffs should know whether they entered into any other contracts or agreements that would affect their agreement to arbitrate, the Court can only assume that they are attempting to embark on an impermissible fishing expedition,” Caproni wrote.
Still, the judge said lawyers for the coaches may well be able to argue that the proposed arbitrator is so biased against them that the motion to compel arbitration should not be granted, but they do not need discovery to do so. In legal cases, “discovery” references evidence such as emails and text messages that lawyers try to get from their opponents to strengthen their arguments.
Flores, who was fired in January as head coach of the Miami Dolphins and is now an assistant coach with the Pittsburgh Steelers, filed the lawsuit in February, saying the league was “rife with racism” even as it publicly condemns it. The other coaches later joined the lawsuit, which sought unspecified damages and class-action status.
The NFL and six of its teams say the lawsuit they maintain is “without merit” is required to go to arbitration, where Goodell would be the arbitrator, according to the terms laid out in employment contracts and the NFL’s constitution.
Caproni wrote that courts have not historically allowed lawyers to gather evidence prior to deciding whether a case is required to go to arbitration.
“An agreement to arbitrate is binding on the parties unless the agreement is invalid under state contract law,” she wrote. “Thus, on a motion to compel arbitration, the Court’s analysis is generally limited to determining whether there is a valid agreement to arbitrate, whether one party has failed to perform its duties under that agreement, and whether the agreement, properly interpreted, encompasses the dispute at hand.”
Attorneys Douglas H. Wigdor and John Elefterakis, representing Flores, said in a statement that they are “confident that we will defeat the efforts of the NFL to move this matter into a private and confidential arbitration behind closed doors.”
“It is obvious that the NFL is trying to hide behind this process and avoid public scrutiny of the racial discrimination and retaliation claims we have brought. If they are confident in their defenses, they should let the process play out in court so the general public can see,” the lawyers said.
In Thursday’s ruling, Caproni instructed lawyers for the coaches to submit written arguments against arbitration by Aug. 19 and told the NFL and its teams to respond by Aug. 26.
Her decision came just days after the NFL released the results of its investigation into allegations by Flores that Dolphins owner Stephen Ross offered $100,000 a game to purposely lose games.
Investigators said the team didn’t intentionally lose and neither Ross nor anyone from the team told Flores to purposely lose. And investigators added that any $100,000-a-game offer “was not intended or taken to be a serious offer.” Investigators also found Ross several times during the season expressed his belief that draft position should take priority over won-loss record.
The NFL suspended Ross and fined him $1.5 million for having impermissible communications with Tom Brady when he was under contract with the New England Patriots and with Sean Payton before he announced his decision to retire as coach of the New Orleans Saints.
In a statement, Ross had called Flores’ allegations “false, malicious and defamatory.”
Lawyers for the NFL and its teams did not immediately respond to messages seeking comment.
___
More AP NFL: https://apnews.com/NFL and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/judge-shortens-road-to-decide-nfl-racial-discrimination-suit/ | 2022-08-05T13:20:28Z |
Marysville residents asked to remove cars from street for storm damage cleanup
MARYSVILLE, Kan. (WIBW) - Southeast Marysville residents have been asked to remove their cars from the streets to allow room for large equipment needed in storm damage cleanup.
The Marysville Kansas Police Department took to Facebook on Tuesday morning, June 14, to ask residents to spread the word that the Kansas Department of Transportation has requested residents move their vehicles from the street in Southeast Marysville.
MPD said KDOT needs to bring in large equipment to remove tree branches damaged by Saturday night’s storm in bulk.
The Police Department noted that the request has been made for those south of Highway 36 and east of Highway 77.
If possible, officers have asked residents to move vehicles from the street to the driveway or other parking area.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/14/marysville-residents-asked-remove-cars-street-storm-damage-cleanup/ | 2022-06-14T16:16:59Z |
CAMBRIDGE, Mass., July 21, 2022 /PRNewswire/ -- HubSpot, the customer relationship management (CRM) platform for scaling companies, announced today that it will report its second quarter 2022 financial results after the U.S. financial markets close on Thursday, August 4, 2022.
In conjunction with this report, HubSpot will host a conference call on Thursday, August 4, 2022, at 4:30 p.m. Eastern Time (ET) to discuss the company's second quarter 2022 financial results and its business outlook.
When: Thursday, August 4, 2022
Time: 4:30 p.m. ET
Live Call Pre-Registration: Dial-in Link
Webcast: Webcast Link
Domestic: 1-866-813-9403
International: +44 204 525 0658
Conference ID: 070988
An archived webcast of this conference call will also be available on HubSpot's Investor Relations website at ir.hubspot.com.
HubSpot (NYSE: HUBS) is a leading CRM platform that provides software and support to help companies grow better. The platform includes marketing, sales, service, operations, and website management products that start free and scale to meet our customers' needs at any stage of growth. Today, over 143,000 customers across more than 120 countries use HubSpot's powerful and easy-to-use tools and integrations to attract, engage, and delight customers. Learn more at www.hubspot.com.
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SOURCE HubSpot | https://www.wibw.com/prnewswire/2022/07/21/hubspot-announces-date-second-quarter-2022-financial-results-release/ | 2022-07-21T20:31:38Z |
LOS ANGELES (AP) — Clayton Kershaw became the Dodgers’ career strikeout leader during the fourth inning of Saturday night’s game against Detroit.
The 33-year-old lefty began the game needing four to pass Don Sutton. He got Dustin Garneau to chase a curveball in the third inning to tie the Hall of Famer.
Kershaw got Spencer Torkelson to whiff on a slider low and inside for his 2,697th strikeout and pass Sutton.
Kershaw received a standing ovation from the fans at Dodger Stadium and tipped his cap after getting the record.
Since the start of the live-ball era in 1920, Kershaw has the lowest career ERA (2.48) and WHIP (1.00) among starting pitchers with at least 1,500 innings. He is fourth among active players in strikeouts.
“It speaks to longevity and consistency. It’s just going to add to his lore, not only in Dodger but baseball history,” Los Angeles manager Dave Roberts said about the record before the game. “I think that for a fan base that’s followed him his entire career, to ultimately reach this milestone at home, get that ovation and share that with the fans certainly makes it sweeter.”
Kershaw has spent his entire 15-year career in Dodger blue. The three-time Cy Young Award winner signed a one-year deal in March after the lockout ended that could earn him as much as $22 million.
Don Drysdale is third on the Dodgers’ career strikeout list with 2,486 and Sandy Koufax is fourth at 2,396. Both of those Hall of Famers began their careers when the Dodgers played in Brooklyn.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/kershaw-becomes-dodgers-franchise-strikeout-leader/ | 2022-05-01T15:01:33Z |
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Today, Inc. revealed that Compliancy Group has earned a spot on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses.
"We strive to grow each year, adding to our product automation, features, and functionality, and exploring new regulatory markets to become a one-stop shop for compliance. Being honored on the Inc. 5000 list for the third consecutive year cements our place as the best compliance solution on the market. Thanks to our clients and partners for their continued trust, and to our employees for transforming us from a by the bootstraps business to a thriving company through their hard work, grit, and dedication." - Marc Haskelson, President and CEO, Compliancy Group.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
About Compliancy Group
Using automated software and dedicated Compliance Coaches, Compliancy Group removes the complexities and stress of HIPAA. They give healthcare professionals confidence in their compliance plan, increasing client loyalty and profitability of their business while reducing risk. Get compliant today!
HIPAA Resources:
Why Compliancy Group
Become a Partner
HIPAA Compliance Checklist
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. Growth rates used to determine company rankings were calculated to four decimal places. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
About Inc.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its prestigious Inc. 5000 list, analyzes company data to recognize the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.
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SOURCE Compliancy Group | https://www.wibw.com/prnewswire/2022/08/16/3rd-time-compliancy-group-appears-inc-5000/ | 2022-08-16T11:35:55Z |
MADRID (AP) — A stage structure being set up for a music festival collapsed Friday in northwestern Spain, injuring four workers, regional emergency services said.
Spanish National Television said 20 people had been working on the main stage when the accident occurred outside the city of Santiago de Compostela shortly before midday.
The four workers were temporarily trapped under the metal structure. One was in serious condition.
The stage was being prepared for the O Son do Camiño festival next week. | https://cw33.com/news/international/ap-international/music-stage-collapses-in-spain-four-workers-injured/ | 2022-06-10T20:42:31Z |
NEW YORK, April 8, 2022 /PRNewswire/ -- Jackpot World, the world-leading, free-to-play social casino mobile game and one of the top 15 highest-grossing casino mobile games in the world, has launched its brand-new Classic Bonus Stamp feature. Following the launch of this new feature, the number of Jackpot World players participating in stamp exchange events jumped by 10%.
With this added functionality, users will now be able to exchange the Classic Bonus Stamp for any of the stamps in their previous Stamp Collection. This takes the in-game collection experience to a new level, as it not only provides players with the chance to complete their previous collections but also awards them with an extra bonus for completing each collection with fantastic coin prizes. This is a major step forward for the casino mobile game category, which currently lacks such gameplay mechanisms.
"Jackpot World's mission is to delight our players with an out-of-this-world experience when playing their beloved Stamp Collection," said Emma Li, Producer of Jackpot World. "As an innovator in the mobile game space, we never stop exploring new ways to engage with our players and enhance the gaming experience. From its inception, Jackpot World has been designed to spread fun around the world and with the brand-new Classic Bonus Stamp feature, we are enhancing the experience for players everywhere."
The Jackpot World app offers a rich and constantly growing selection of slot machine games. They include the classic 777 slot machine game, Fortune Babies, Fortune Tree, Mighty Tiger, and Penguin Quest, as well as new games such as Leprechaun Blast, Werewolf Night, and Myth of Medusa. The games offer bonus features and free coins to recreate the exhilarating Las Vegas casino slot machine experience, while there are also bonuses, stamps, and prizes that are up for grabs. Jackpot World is committed to ensuring a consistently thrilling entertainment experience, rolling out a new slot machine at least once a week.
Social at its core, Jackpot World can be played with friends, families, and other slot machine lovers from all over the world. The Jackpot World app is available for both iOS and Android operating systems.
For more information, please visit Jackpot World.
About Jackpot World
Jackpot World is a leading free social casino slot game with the ambition to become the most player-centric social casino game. It is one of the top 15 highest-grossing casino gaming apps in the world.
Media Contact:
Zhiwei Gu
+8613651200209
jackpotworld-market@spinxgames.com
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SOURCE Jackpot World | https://www.kxii.com/prnewswire/2022/04/08/jackpot-world-launches-new-classic-bonus-stamp-feature/ | 2022-04-08T07:29:59Z |
The Latino Victory Fund endorsed a candidate Friday in a newly drawn New York House district where 12 Democrats are fighting for a wide-open nomination.
The group’s endorsement of New York City Council member Carlina Rivera comes two days after the race’s first televised debate drew blood among its six participants, but no knockout punches.
Rivera, who is considered among the favorites in a race that includes incumbent Rep. Mondaire Jones (D) and former Rep. Liz Holtzman (D), has already been endorsed by two top New York City Hispanic politicians, Democratic Reps. Adriano Espaillat and Nydia Velázquez.
“Carlina is a dedicated advocate and an experienced public servant who has worked tirelessly to improve the quality of life of her community. She’s an effective, no-nonsense legislator with a proven track record as a city council member and the grit to get things done in Washington,” said Latino Victory Fund President and CEO Nathalie Rayes in a statement.
A recent Data for Progress poll of the district’s voters showed Rivera in the lead, albeit with the support of only 17 percent of surveyed voters, leading Assemblywoman Yuh-Line Niou by only 3 percentage points, less than the poll’s 4 percentage point margin of error.
The wild primary race claimed a high-profile victim shortly after that poll came out, as former New York City Mayor Bill de Blasio dropped out with sagging numbers.
New York’s primary election day is Aug. 27.
The wide field has turned the race into a slugfest of endorsements, with Democratic groups and elected officials spreading support across the array of candidates.
In backing Rivera, Latino Victory joins Espaillat and Velázquez, as well as a half-dozen labor groups and environmental, LGBT rights, Latino and animal welfare organizations.
Rivera’s signature projects have centered around homelessness and climate resiliency infrastructure, an issue that her debate opponents tried to turn against her.
In Wednesday’s debate, Rivera’s opponents called out her support of the East Side Coastal Resiliency project, a plan to raise some Manhattan coastlines by up to eight feet, arguing Rivera pushed the project through without sufficient community engagement.
But Rivera retorted that her opponents were new to the district, saying the project was necessary and required “political courage” to push through.
Rivera’s candidacy is also a boon for Hispanic progressives, who are looking to grow Hispanic representation in Congress in a complicated national election year.
“This newly drawn congressional seat presents a prime opportunity to increase Latino representation in Congress and strengthen the Latina delegation in the U.S. House, which remains severely underrepresented,” said Rayes. | https://cw33.com/hill-politics/top-latino-group-jumps-into-contested-ny-house-primary/ | 2022-08-12T18:34:41Z |
TROY, Mich., June 27, 2022 /PRNewswire/ -- BORA® Tool, a leading manufacturer of tools, woodworking, and workshop accessories, is expanding their versatile line of wall mounted Wood Storage Racks to include three new models: 4-Level Black and Gray, 4-Level White and Gray, and 6-Level White and Gray.
The BORA® 4-Level and 6-Level Wood Storage Racks provide generous capacity and allow users to take advantage of vertical storage to maximize floor space and neatly organize a multitude of items.
"After the popularity of our 4-Level and 6-Level Wood Storage Racks in gray and orange we introduced the 6-Level rack in a black and gray color combination, said Rod Bonham, Product Manager at BORA® Tool. "Our customers loved them so much we decided to expand the line again to include a 4-Level black and gray color option, as well as a 4-Level and 6-Level in a new color option of white and gray. We know customers are not only using these racks to store and organize wood in their shop, but they are also using them to store other building materials and household items in a variety of locations. Whether it's ladders in the shed, sports equipment in the garage, or lumber in the shop, we want to ensure we have the right size and color to fit the space."
Key Features of the 4-Level and 6-Level Wood Storage Racks include:
- Quick and Easy Installation
- Heavy-Duty Long-Lasting Support
- Powder-Coated Steel Tube Construction
- 110lb. Weight Capacity per level for Total Maximum Weight Capacity of 440-660 lbs.
- 24.5" Height, 12.5" Shelf Depth 4-Level
- 39.5" Height, 12.5" Shelf Depth 6-Level
- 3 Color options: Gray/Orange, Black/Gray, White/Gray
- View Full Product Details
- See it in action!
The BORA® 4-Level Wood Storage Racks retail for $55.00 and the 6-Level Wood Storage Racks retail for $70.00. For a complete list of retailers, visit boratool.com or call 866-588-0395.
BORA® Tool is a manufacturer of woodworking tools and workshop accessories designed to increase productivity, simplify complex tasks, and help produce consistent professional results. From the professional job site to the garage, BORA® tools serve a variety of markets, including building and remodeling, DIY, industrial, and woodworking. For more information, visit www.boratool.com.
Media Contact:
For review requests or questions, contact Tara Farrand, pr@boratool.com or 248-369-3282.
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SOURCE BORA Tool | https://www.wibw.com/prnewswire/2022/06/27/bora-tool-expands-line-wood-storage-racks-include-new-color-amp-size-options/ | 2022-06-27T13:57:09Z |
Leading the way with One-Click Copy Trade, and beyond
SINGAPORE, June 14, 2022 /PRNewswire/ -- Leading global derivatives exchange - Bitget, has always placed product innovation at the core of its focus.
As social media and messenger platforms become an integral part of people's lives, be it professional or personal, there is no reason why crypto investment should not be incorporated. Social trading allows people to interact and observe other traders, as well as follow or execute the strategies of more experienced peers. Social trading also maximises one's own trading potential with a little help from someone more experienced.
Since its launch in May 2020, One-Click Copy Trade has broken the mould of trading patterns, bridging the gap between traders from all corners of the world. Thus, a social trading pattern has been forged into Bitget's core, where followers and traders can interact without boundaries and carve their own interconnected path to financial freedom. To date, Bitget's One-Click Copy Trade has amassed over 27,000 professional traders, with approximately one million followers. Moreover, copy-traders on the platform have earned over $1 billion in total income, while followers have collectively made over $1.56 billion.
Adhering closely to the concept of social trading, Bitget will work towards an open strategy platform in 2022. The first step is to launch grid trading, a type of quantitative trading strategy designed to maximise returns in a range-bound market. A user simply sets a price range for the automated trading bot, adjusts how many grids they want and, as long as the price stays within one's set range and depending on the setup, the bot will sell a portion when the price goes up or buy a portion when it goes incrementally down.
Managing Director of Bitget, Gracy Chen said, "Social trading taps into our innate need for connection, whether that means sharing, celebrating or even commiserating in the company of others while we trade. Here at Bitget, our flagship offering, One-Click Copy Trade, is nothing short of a pioneer in social trading. Moreover, copy trading and grid trading light a path to the full potential of social trading, enabling users, KOLs and professional traders to exchange information freely, adopt multiple trading patterns and optimise strategies for their own benefit, and in the long-run, further strengthening the foundation of the Bitget ecosystem."
Media Contact:
andrea.leung@bitget.com
simran@bitget.com
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SOURCE Bitget | https://www.mysuncoast.com/prnewswire/2022/06/14/bitget-aims-transform-way-people-connect-trade-with-social-trading/ | 2022-06-14T07:21:13Z |
Which Chanel concealer is best?
Concealer is a makeup bag must-have if you want to brighten dark circles, cover blemishes and conceal other imperfections. Chanel concealers are some of the most popular on the market because of their long-lasting formulas and attractive finishes.
Chanel concealers also stand out for their versatility. The brand offers plenty of traditional skin tone shades but also provides color-correcting options to target specific discoloration types, too. So if you’re looking for a long-wearing concealer that still feels comfortable on the skin, Chanel “Le Correcteur De Chanel” Longwear Concealer is the perfect option.
What to know before you buy a Chanel concealer
Formula
Concealers come in several formulas, which can affect their texture, finish and wear time. Chanel concealers are available in liquid and cream formulas.
- Liquid concealers are more common and usually easier to use. Most come in a tube with a sponge applicator built into the lid. They have a thin consistency, so they typically have a lightweight look and feel on the skin. Liquid concealers work well for all skin types, including oily and mature skin.
- Cream concealers sometimes come in small pots, but most Chanel cream concealers have stick packaging similar to lipstick. You twist up the tube and can then apply the concealer directly to your skin. Cream concealer typically has a heavier look and feel on the skin than liquid formulas, but usually offers more coverage.
Usage
Think about how you plan to use your concealer when choosing a Chanel formula.
If you plan to apply the concealer under your eyes to cover dark circles and hide puffiness, you’ll want a lightweight formula that won’t crease and settle in fine lines. On the other hand, for spot concealing blemishes and other dark spots, a thicker formula with richer pigmentation is better for covering those imperfections.
Chanel also offers color-correcting concealers designed to cover specific types of spots, using principles of color theory. For example, a green concealer helps cover redness because green is opposite red on the color wheel. Likewise, peach and apricot concealers are ideal for bluish dark circles and spots because orange is opposite blue on the color wheel.
Shade range
Chanel concealers are available in as many as 16 shades. The range is fairly wide, but you may have trouble finding an exact shade match if you have extremely light or dark skin.
What to look for in a quality Chanel concealer
Coverage
Choosing a concealer with enough pigmentation to cover the spots you want to conceal is essential. Most Chanel concealers offer light to medium coverage, so they can cover most dark spots. In addition, the formulas are buildable, so you can use a small amount for light coverage or apply multiple layers to achieve medium coverage.
If you have particularly dark spots, though, a full-coverage concealer is better. Because the pigmentation is richer, you won’t have to use as much.
Wear time
Nearly all Chanel concealers are long-wearing, so you can count on them to last throughout the day. Some last longer than others, though, because they’re sweatproof. That means you don’t have to worry about your makeup melting off on hot, humid days.
Finish
Most Chanel concealers have a natural matte finish that resembles skin. Some have a slightly more luminous finish, adding a soft sheen to the skin. These formulas work well for dry or mature skin. You can also find Chanel concealers with a fully matte finish that are ideal for oily skin.
How much you can expect to spend on a Chanel concealer
Chanel concealers typically cost $43-$60. Liquid and cream concealers fall at the lower end of the price range; you’ll pay more for a palette with multiple shades.
Chanel concealer FAQ
Are Chanel concealers cruelty-free?
A. Chanel concealers aren’t considered cruelty-free. The brand doesn’t offer its animal testing policy on its website, so it’s unclear whether it tests products on animals. However, Chanel does sell products in mainland China, which requires animal testing for foreign makeup brands, so it can’t be deemed cruelty-free.
What’s the best way to apply Chanel concealers?
A. You can blend most Chanel concealers into the skin with a concealer brush, a makeup sponge or your fingertips. If the concealer has a built-in applicator or comes in stick form, you can apply it directly from the tub to your skin, then use your chosen tool to blend.
What’s the best Chanel concealer to buy?
Top Chanel concealer
Chanel “Le Correcteur De Chanel” Longwear Concealer
What you need to know: This long-wearing concealer doesn’t feel dry or uncomfortable on the skin but still offers medium coverage that works for most spots.
What you’ll love: Its lightweight formula looks and feels good, with soft-focus pigments that help brighten dark areas and a gel-based texture that lets you build up coverage. The targeted wand applicator allows precise application.
What you should consider: The shade range isn’t as large as that of other concealers.
Where to buy: Sold by Ulta Beauty and Amazon
Top Chanel concealer for the money
Chanel Longwear Colour Corrector Concealer
What you need to know: This color-correcting concealer is ideal for anyone with specific discolorations they want to cover, such as redness or dark circles.
What you’ll love: It’s available in four color-correcting shades, including one for brightening, a redness-fighting option and two dark circle correctors. It has a comfortable, lightweight feel on the skin. The gel-based formula resists caking or creasing.
What you should consider: Because the formula is tinted, it must be paired with another concealer or a foundation for complete coverage.
Where to buy: Sold by Ulta Beauty
Worth checking out
Chanel Baume Essential Multi-Use Glow Stick
What you need to know: While it’s not strictly a concealer, this multi-purpose moisturizing balm stick can help brighten darkness and shadows around the face by catching the light.
What you’ll love: It features a convenient twist-up tube for easy application. The formula is hydrating, so it works well for dry skin or delicate areas, such as around the eyes. It has a subtle radiance that helps brighten dark spots.
What you should consider: The formula is sheer, so it doesn’t offer enough coverage to conceal blemishes.
Where to buy: Sold by Ulta Beauty
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Jennifer Blair writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/face-makeup-br/best-chanel-concealer/ | 2022-04-23T12:16:34Z |
New 450,000 Square Foot Facility Increases Capacity 500% to Meet Growing Demand for Award-Winning Timberline Solar™ Roof Featuring the World's First Nailable Solar Shingle
GEORGETOWN, Texas and SAN JOSE, Calif., July 19, 2022 /PRNewswire/ -- GAF Energy, a Standard Industries company and a leading provider of solar roofing in North America, has announced it will build a new 450,000 square foot manufacturing facility in Georgetown, Texas, to meet growing demand for the award-winning Timberline Solar™ roof. The new facility, the company's second, will increase its capacity by 500% and bring total production of its solar shingle to 300 megawatts annually, making GAF Energy the largest producer of solar roofing in the world. Introduced earlier this year, Timberline Solar™ features the world's first nailable solar shingle and is the only roof system to directly integrate solar technology into traditional roofing processes and materials.
"The response from both consumers and roofers to our Timberline Solar roof has been tremendous and we're thrilled to be expanding capacity to meet that growing demand. Georgetown has a long track record as a clean energy leader, so it is the perfect home for us to build the future of solar," said Martin DeBono, President of GAF Energy. "We launched Timberline Solar because we believed that more consumers would choose solar if they had a more reliable, durable, and attractive option. The market has confirmed our belief—now we're turning that belief into reality and building the future of clean energy here in the U.S."
"We are pleased GAF Energy selected Georgetown as their destination for their facility," Georgetown Mayor Josh Schroeder said. "Their innovative product is one that will change the market as we know it, and we are excited that it will be developed here in our backyard."
Once complete, the Georgetown manufacturing facility will result in hundreds of new U.S.-based, clean energy manufacturing jobs and build on GAF Energy's track record of delivering a best-in-class solar roof product that is assembled in America. GAF Energy's first manufacturing facility, in San Jose, California, was completed and began production last year. As a Standard Industries company and sister company to GAF, the largest roofing and waterproofing company in North America, GAF Energy can draw on extensive manufacturing and R&D expertise, with access to the largest network of roofing partners in the industry. One out of every four new roofs in the U.S. comes from GAF, uniquely positioning GAF Energy to bring residential solar to the mass market.
The company's solar roof, Timberline Solar™, is in a class of its own: reliable, durable, cost-effective, easy to install, and aesthetically superior. Timberline Solar ES™ boasts an industry-defying depth of less than a quarter inch and integrates with traditional shingles to create a sleek and attractive look. Since its launch earlier this year, Timberline Solar™ has received multiple awards and honors, including the Best of Innovation award from CES, Green Builder Sustainable Home Award, Good Housekeeping Editor's Choice for CES 2022, a Fast Company World Changing Ideas award, and an NAHB Best of IBS Award, Most Innovative Construction Tool.
Homeowners interested in solar roofing options and roofers interested in installing GAF Energy products can find out more at: www.gaf.energy.
GAF Energy is transforming the solar and roofing industries to generate energy from every roof. A Standard Industries company, GAF Energy works with North America's largest roofing and waterproofing manufacturer, GAF, to offer homeowners elegant, roof-integrated solar options through a national network of roofer partners. The company's leading product, the Timberline Solar™ roof system, incorporates the world's first nailable solar shingle to create an attractive, durable, and reliable solar roof. GAF Energy's products have received numerous awards and honors, including the Fast Company 2022 World Changing Ideas Award, the CES Best of Innovation Award, and an NAHB Best of IBS Award. GAF Energy develops and assembles its products at its R&D and manufacturing facility in San Jose, California.
Standard Industries is a privately-held global industrial company operating in over 80 countries with over 20,000 employees. The Standard ecosystem spans a broad array of holdings, technologies and investments—including both public and private companies from early to late-stage—as well as world-class building solutions, performance materials, real estate and next-generation solar technology. Throughout its history, Standard has leveraged its deep industry expertise and vision to create outsize value across its businesses, which today include operating companies GAF, BMI, Grace, GAF Energy, Siplast, SGI, and Schiedel, as well as Standard Investments and Winter Properties. For more information, visit https://www.standardindustries.com/.
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SOURCE GAF Energy | https://www.kxii.com/prnewswire/2022/07/19/gaf-energy-announces-second-timberline-solar-manufacturing-facility-georgetown-texas/ | 2022-07-19T12:08:45Z |
Pilot project will gain insights on spam rejection performance and customer experience
SEATTLE, June 27, 2022 /PRNewswire/ -- RealNetworks® (NASDAQ: RNWK), a leader in AI-powered digital media software and services, today announced a pilot program with Vodafone Germany to launch a new service called Vodafone CallProtect. Vodafone CallProtect will warn Vodafone Germany customers of potential fraudulent, scam, or spam-type calls. The technology behind CallProtect is RealNetworks' KONTXT®, an AI-based anti-spam solution for messaging and voice calls, which includes the KONTXT Reputation Service database.
The benefit of RealNetworks technology is the offering of a rich feature set for anti-fraud protection for both voice calls and messaging. Clients of KONTXT decide which modules are activated for data analysis and customer protection. The Vodafone CallProtect pilot project will use the KONTXT Android SDK for call enrichment and the KONTXT Reputation Service for number lookups. The KONTXT Reputation Service database contains known spam numbers provided from leading spam database providers. The Reputation Service is also capable of MSISDN risk rating based on the latest AI/ML technology.
Vodafone CallProtect will be integrated into the Vodafone Secure Net service for Android. Vodafone Secure Net is a mobile network-based security product that helps protect Vodafone customers' mobile devices. When connected to the Vodafone mobile network in Germany, it automatically blocks harmful sites and quickly protects against viruses before they can cause harm. Secure Net users will be able to activate and deactivate the service. Once activated, all incoming calls will be matched against a database to verify if the calling number is a known spam or scam number. If a positive match is detected, an informational message is displayed on the user's phone allowing them to reject the call.
"Global fraudulent call activities increased substantially since the outbreak of the pandemic, which led to the launch of this initiative," said Mathias Grünwald, Director Sales at RealNetworks. "We are excited about Vodafone's decision to partner with RealNetworks to take advantage of our leading anti-fraud solution KONTXT to protect their customers".
CallProtect will be provided for free to existing Vodafone Secure Net users in Germany. The pilot project will be active for six months starting from the launch of the CallProtect service. The goal of the pilot is to gain insights about user acceptance and assess the performance of the service.
About RealNetworks' KONTXT
Building on a rich history of digital media expertise and innovation, RealNetworks® has created a new generation of products that employ best-in-class artificial intelligence and machine learning to enhance and secure our daily lives. KONTXT® (kontxt.com) is an industry-leading NLP (Natural Language Processing) platform for categorizing and blocking spam and fraudulent text messages, images, and voice calls, to help carriers build customer loyalty and drive new revenue through text message classification and antispam. For more information, visit: realnetworks.com.
Media Contact:
Deena Rataezyk
drataezyk@realnetworks.com
425-373-6100
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SOURCE RealNetworks, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/27/vodafone-germany-chooses-realnetworks-test-an-anti-fraud-voice-call-solution-using-kontxt/ | 2022-06-27T20:47:07Z |
Combination of world's largest oracle network with high-speed blockchain to bring about new era in scalable DeFi
SAN FRANCISCO, June 3, 2022 /PRNewswire/ -- Today, Chainlink Price Feeds, the industry standard price oracle networks for decentralized finance (DeFi) applications, have gone live on the Solana Mainnet. With this native integration, developers building on Solana can now leverage seven different Chainlink Price Feeds (including BTC/USD, ETH/USD, USDC/USD and others) for highly decentralized, high-quality, and near real-time price updates, enabling them to build a new realm of hybrid smart contract applications that provide superior performance around trade execution and risk management. In the coming months, hundreds of additional Chainlink Price Feeds, as well as other Chainlink oracle services, will be made available to Solana developers during the next stages of the integration.
"Chainlink's launch on Solana will give DeFi developers access to the most widely used oracles in blockchain,'' said Anatoly Yakovenko, co-founder of Solana. "Solana's high-speed blockchain can deliver high-frequency pricing data to dapps, enabling developers to build new DeFi dapps and products."
Securing tens of billions in total value across hundreds of applications on more than a dozen blockchains, Chainlink is the market-leading solution for highly accurate and tamper-proof market data and secure off-chain computation. Made up of independent, geographically distributed, Sybil-resistant oracle nodes run by world-class DevOps teams from organizations like Deutsche Telekom's T-Systems, Swisscom, The Associated Press, LexisNexis, and more, the Chainlink Network now powers more than 980 oracle networks and has securely delivered more than 2.6 billion data points to on-chain applications since launch. With data sourced from premium, authenticated APIs through a three-tier aggregation system, Chainlink is trusted by some of the highest value DeFi apps in the blockchain industry, such as Aave, Compound, dYdX, Synthetix, Sushi, Nexus Mutual, and more.
"By providing the most reliable and highest quality data to the already lightning fast Solana blockchain, the Chainlink integration with Solana is a major leap forward for the kind of scalable, institutional-grade, DeFi applications that can be built only on Solana," said Sergey Nazarov, co-founder of Chainlink. "Chainlink is now the most robust and comprehensive oracle network on the Solana blockchain, and we anticipate its role in the Solana ecosystem to expand as we integrate more price feeds and additional off-chain services."
At launch, multiple popular Solana-based DeFi projects have committed to adopting Chainlink, including yield aggregation apps Francium and Tulip, lending protocol Apricot Finance, stablecoin UPFI, and others.
Yaniv Hou, co-founder and tech lead at Apricot Finance, said, "We chose to underpin our lending activity with Chainlink Price Feeds because of their unmatched security and proven performance. Now, Apricot can push the frontier of DeFi innovation on Solana while supported by the most secure, reliable, and time-tested market data solution available."
In the coming months, Chainlink is expected to provide developers building on Solana access to hundreds of additional price feeds and datasets, as well as other popular Chainlink services such as Proof of Reserve for asset attestation, Keepers for event-driven and time-based automation, and Verifiable Random Function (VRF) for randomness, a service already used by hundreds of teams to fairly mint millions of NFTs.
Later this year, Chainlink also plans to launch the Cross-Chain Interoperability Protocol (CCIP), a new global standard for decentralized inter-blockchain messaging, data, and token movements. With CCIP, Solana users and developers will be able to move tokens and execute smart contracts across different blockchains through the use of the Chainlink oracle networks, enabling the creation of cross-chain applications.
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.
About Solana
Solana is the most performant blockchain in the world. It gives developers the confidence to build for the long term by delivering predictable scaling without compromising security or composability. Solana's performance is driven by intra-shard parallelism, which is capable of processing thousands of smart contracts at once, and by Proof of History, an innovation in cdistributed timekeeping that unlocks low-latency, sub-second finality across the global state. To learn more, please visit https://solana.com/.
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SOURCE Chainlink | https://www.kxii.com/prnewswire/2022/06/03/chainlink-price-feeds-go-live-solana-mainnet/ | 2022-06-03T16:19:37Z |
STOCKHOLM, June 29, 2022 /PRNewswire/ -- AlzeCure Pharma AB (publ) (FN STO: ALZCUR), a pharmaceutical company that develops a broad portfolio of small molecule candidate drugs for diseases affecting the central nervous system, with projects in both Alzheimer's disease and pain, today announced that the company has completed the clinical phase I study (multiple ascending dose, MAD) with repeated dosing of the drug candidate ACD856, with a focus on Alzheimer's disease.
Data show that ACD856, the primary drug candidate within the company's NeuroRestore platform, has good tolerability and safety. Furthermore, the results demonstrate that the substance has suitable pharmacokinetic properties with rapid uptake into the body as well as relevant and dose-dependent exposure in the CNS.
The MAD Phase I study is AlzeCure's third clinical study with ACD856, the company's leading drug candidate in the NeuroRestore platform. The substance is being developed as a symptom-relieving treatment for disease states where cognitive ability is impaired, for example in Alzheimer's disease. The primary objective of the study was to evaluate the tolerability, safety and pharmacokinetics of the drug candidate after repeated dosing.
"We are very pleased that ACD856 has a very good profile for further clinical development," said Johan Sandin, CSO at AlzeCure Pharma. "With its potential to improve memory function in a variety of diseases, ACD856 may play a significant role in the treatment of indications where these key functions are impaired, such as Alzheimer's disease, sleep apnea, traumatic brain injury and Parkinson's disease."
The company started the study in September 2021 and is now presenting according to plan results from this clinical study with ACD856. Preparations are now being made to initiate further clinical trials. These upcoming studies are focused on evaluating early effect-signals in humans.
"The results for the NeuroRestore candidate ACD856 follow the previous positive clinical results with the substance, and we are now looking forward to the continued clinical studies," said Martin Jönsson, CEO of AlzeCure. "I also see that these data will stimulate potential partnership and out-licensing discussions and increase interest in the NeuroRestore platform."
For more information, please contact:
Martin Jönsson, CEO
Tel: +46 (0)70-786 94 43
E-mail: martin.jonsson@alzecurepharma.com
This is information that AlzeCure Pharma AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted för publication, through the above contact person's agency, at 13:00 CEST on June 29, 2022.
About AlzeCure Pharma AB (publ)
AlzeCure® is a Swedish pharmaceutical company that develops new innovative small molecule drug therapies for the treatment of severe diseases and conditions that affect the central nervous system, such as Alzheimer's disease and pain – indications for which currently available treatment is very limited. The company is listed on Nasdaq First North Premier Growth Market and is developing several parallel drug candidates based on three research platforms: NeuroRestore®, Alzstatin® and Painless.
NeuroRestore consists of two symptomatic drug candidates where the unique mechanism of action allows for multiple indications, including Alzheimer's disease, as well as cognitive disorders associated with traumatic brain injury, sleep apnea and Parkinson's disease. The Alzstatin platform focuses on developing disease-modifying and preventive drug candidates for early treatment of Alzheimer's disease and comprises two drug candidates.
Painless is the company's research platform in the field of pain and contains two projects: ACD440, which is a drug candidate in the clinical development phase for the treatment of neuropathic pain, and TrkA-NAM, which targets other types of severe pain in conditions such as osteoarthritis. AlzeCure aims to pursue its own projects through preclinical research and development through an early clinical phase and is continually working on business development to find suitable solutions for license agreements with other pharmaceutical companies.
FNCA Sweden AB, +46(0)8 528 00 399 info@fnca.se, is the company's Certified Adviser. For more information, please visit www.alzecurepharma.se.
About NeuroRestore
NeuroRestore is a platform of symptom-relieving drug candidates for disease states in which cognitive ability is impaired, e.g. Alzheimer's Disease, sleep apnea, traumatic brain injury and Parkinson's disease. NeuroRestore stimulates several important signaling pathways in the brain, which among other things leads to improved cognition. In preclinical studies with NeuroRestore we have been able to show that our drug candidates enhance communication between the nerve cells and improve cognitive ability. NeuroRestore stimulates specific signaling pathways in the central nervous system known as neurotrophins, the most well-known being NGF (Nerve Growth Factor) and BDNF (Brain Derived Neurotrophic Factor). The levels of NGF and BDNF are disturbed in several disease states and the signaling is reduced. The impaired function impairs communication between the synapses, i.e. the contact surfaces of the nerve endings, as well as reducing the possibility of survival for the nerve cells, which gives rise to the cognitive impairments. Neurotrophins play a crucial role for the function of nerve cells, and a disturbed function of BDNF has a strong genetic link to impaired cognitive ability in several different diseases, such as Alzheimer's, Parkinson's disease, traumatic brain injury and sleep disorders. There is also a link between BDNF signaling and depression, something that has been further strengthened in recent years.
About Alzheimer's disease
Alzheimer's disease is the most common form of dementia, affecting approximately 50 million people worldwide. Alzheimer's disease is a lethal disorder that also has a large impact on both relatives and the society. Today, preventive and disease modifying treatments are missing. The main risk factors to develop Alzheimer's are age and genetic causes. Even though the disease can start as early as between 40 and 65 years of age, it is most common after 65 years. Significant investments in Alzheimer research are being made because of the significant unmet medical need and the large cost of this disease for healthcare and society. The total global costs for dementia related diseases is estimated to about 1,000 billion USD. Given the lack of both effective symptomatic treatments and disease modifying treatments, the need for new effective therapies is acute. The few approved drugs on the market today have only a limited symptomatic effect and can produce dose limiting side effects. A disease modifying treatment for Alzheimer's disease is estimated to reach more than $15 billion in annual sales. In Sweden, approximately 100,000 people suffer from Alzheimer's disease with a healthcare cost of about SEK 63 billion yearly, which is more than for cancer and cardiovascular diseases combined.
This information was brought to you by Cision http://news.cision.com
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SOURCE AlzeCure Pharma AB | https://www.mysuncoast.com/prnewswire/2022/06/29/positive-data-clinical-phase-i-mad-study-with-alzecures-alzheimers-project-neurorestore-acd856/ | 2022-06-29T12:40:50Z |
Campaign urges decisionmakers to oppose book bans, protect the freedom to read
CHICAGO, May 10, 2022 /PRNewswire/ -- The American Library Association (ALA) and a coalition of over 25 groups are banding together to empower individuals and communities to fight censorship and protect the freedom to read. Organizations including the American Federation of Teachers and the Authors Guild have joined the association's Unite Against Book Bans campaign to raise awareness about the recent rise in book challenges in public libraries and schools.
"This is a dangerous time for readers and the public servants who provide access to reading materials. Readers, particularly students, are losing access to critical information, and librarians and teachers are under attack for doing their jobs," said Deborah Caldwell-Stone, director of the ALA's Office for Intellectual Freedom. "It's time that policymakers understand the severity of this issue. ALA is taking the steps necessary to protect individuals' access to information, but we can't do this alone."
This growing coalition leverages the strength and reach of these 25+ national organizations including advocacy groups, education leaders, businesses, nonprofits, and civil rights groups that represent a wide range of communities and individuals. These groups are uniting around the principles of reading as fundamental to learning, the right of readers to access a variety of books, and the need to work together to protect that right.
The undersigned groups have joined with ALA's Unite Against Book Bans to fight book bans under the principle that individuals should be trusted to make their own decisions about what to read:
American Booksellers Association Free Expression Initiative
American Federation of Teachers
American Indian Library Association
Asian Pacific American Librarians Association
Association for Library and Information Science Education
Association of Bookmobile and Outreach Services
Authors Guild
Baker & Taylor
Black Caucus of the American Library Association
Candlewick Press
Chinese American Librarians Association
Comic Book Legal Defense Fund
Freedom to Read Foundation
Human Rights Campaign
Lerner Publishing Group
Macmillan Publishers
National Book Foundation
National Coalition Against Censorship
National Council of Teachers of English
Overdrive Inc.
Penguin Random House
Simon & Schuster
Society of American Archivists
Sourcebooks
Steve and Loree Potash Family Foundation
The Quarto Group
"Reading is foundational—it helps us dream, helps us create, and helps us access opportunity," said AFT President Randi Weingarten. "Whether you're a kid in rural West Virginia, in the suburbs of Texas or in a shelter in New York City, opening a book means you're opening the world. But reading is hard without books.
"Book bans are about limiting kids' freedom to read and teachers' freedom to teach," said Weingarten. "Parents agree—they want their children to learn the lessons of the past in an age-appropriate way, even as certain politicians try to turn classrooms into cultural battlefields and censor what gets taught. The majority of these bans target titles with racial and LGBTQ themes, cruelly erasing young readers' lived experience. And while it's uncomfortable to talk about tough issues like genocide, slavery and racism, reading honest history helps kids learn the good and the bad about our country and emerge as well-informed, engaged citizens of the world."
Authors Guild CEO Mary Rasenberger said, "Three-quarters of the 1,100 plus books currently banned in public schools in the United States have been written by authors of color, LGBTQ authors, or other traditionally marginalized voices. Not only does this rob these authors of their voices and invalidates their ideas, experiences, and feelings, but book banning also robs them of their ability to make a living. At the same time, it robs the American public of the important books by sending a clear message to aspiring book authors: avoid writing about controversial topics or themes. Thus, book banning not only harms today's authors, but diminishes the future of American literature. We cannot allow that to happen. All of us who understand the importance of literature must ban together to fight this misguided, coordinated attack on our country's literary culture. That is why we joined Unite Against Book Bans and continue to implement programs such as our recently launched Banned Books Club."
"Our partners and supporters are critical in moving the needle to ultimately bring an end to book bans. Today's announcement is just the beginning, and I am excited to see how this growing collective will influence local boards and state, and national legislation to protect the rights of readers and students and the librarians and educators who provide the books they read," added Caldwell-Stone.
The ALA's Office for Intellectual Freedom tracked 729 challenges to library, school, and university materials and services, resulting in more than 1,597 individual book challenges or removals in 2021. The association marked this number of attempts to ban books as the highest since ALA began its tracking thirty years ago.
In response to this alarming rise of challenges, ALA launched #UniteAgainstBookBans, a national campaign that empowers readers everywhere to push back against censorship.
"Our recent poll demonstrates the broad opposition to book bans in libraries, but there's clearly a disconnect between what most persons want and the actions of elected officials, given the large number of book bans happening around the country," said Caldwell-Stone. "As the campaign evolves, our growing network of supporters will join forces to prevent those bans, ensuring access to information for all and advocating for the important work of libraries and librarians."
The campaign was launched with the generous support of the Steve and Loree Potash Family Foundation, which operates the literacy non-profit BelieveinReading.org, and the William and Flora Hewlett Foundation.
The American Library Association (ALA) is the foremost national organization providing resources to inspire library and information professionals to transform their communities through essential programs and services. For more than 140 years, the ALA has been the trusted voice for academic, public, school, government and special libraries, advocating for the profession and the library's role in enhancing learning and ensuring access to information for all. Visit ala.org.
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SOURCE American Library Association | https://www.kxii.com/prnewswire/2022/05/10/more-than-25-organizations-join-forces-with-american-library-association-unite-against-book-bans/ | 2022-05-10T19:21:25Z |
KANSAS CITY, Mo. (WDAF) — Shopping at wholesale clubs can help shoppers save big bucks, depending on their needs. Both Sam’s Club and Costco are currently offering ways to save on memberships — here’s how.
Sam’s Club
Sam’s Club has a deal through September 11 that will basically get you a free 1-year membership.
The membership cost is $45 for one year, however, members will get $45 in instant savings when they spend that amount or more on qualifying purchases. The purchases must be made on one transaction within the first 60 days of membership, Sam’s Club says.
The fine print says you must show the offer on your phone when you buy a membership to get the deal.
If $45 is too much right now, Sam’s Club has another offer.
You can buy a 1-year membership for $14.99. The same membership normally costs $55 a year.
If you purchase before August 31, you’ll also receive a $10 Sam’s Club e-gift card. After factoring this in, membership will cost $4.99.
WHAT TO CONSIDER BEFORE BUYING
- If you take this deal, you’ll be enrolled in Sam’s Club auto-renewal and will be charged normal price when it’s time to renew your membership, unless you cancel before then.
- Existing members are not eligible for the deal.
- The $10 e-gift card will be emailed instead of being loaded onto membership cards. Contact Sam’s Club, or the membership desk in a store location if you don’t receive it.
EXTRAS
Some locations offer other perks, like free health screenings/tests, discounted gas at Sam’s stations, and use of the Sam’s Club vacation program.
WHAT TO BUY AT SAM’S CLUB
Southern Living editors recommend purchasing Sam’s Club’s $5 rotisserie chickens and gas, which can be offered at up to 5 cents per gallon below the average cost.
Costco
Costco doesn’t offer free memberships, but there are several ways you can still save.
COSTCO SHOP CARD
If you have a friend with a Costco membership, ask them to buy you a Costco Shop Card. It’ll be be mailed to you with a zero balance, but you can add money to it. While you have to be a member to buy a Costco Shop Card, you don’t have to have a membership to use it in stores or online.
You can also use a Costco Shop Card at Costco gas stations.
SHOP ONLINE
Non-members can technically shop online at Costco.com, though some items are priced higher than in stores, and other items are members-only purchases. Non-members will also pay for delivery, depending on purchase amounts.
DISCOUNTED MEMBERSHIPS
Keep an eye on Groupon if you’re thinking of taking the Costco plunge. Once or twice a year a Costco deal will be offered.
It’s typically in the realm of $60 for a 1-year-membership that includes a $40 Costco Shop Card and a coupon for $40 off $250. If you use both bonuses, you’ll technically make $20.
Costco last offered the deal in July.
BEST THINGS TO BUY AT COSTCO
Among a list of other items, Parade recommends Costco’s rotisserie chicken ($4.99) and egg cartons (up to 34% cheaper than other retailers), as top picks from the beloved retailer.
BJ ‘s Wholesale Club
Though the company ended its three-month free trial membership, it now offers a free One Day Pass, but it can only be used on BJ’s “Ship It” service.
Meanwhile, the cost for BJ’s Inner Circle membership is $55 per year and includes a complimentary membership for one person in your household, in addition to three add-on members for $30 each annually. BJ’s Perks Rewards membership is $110 per year and includes 2% cash back on most BJ’s purchases, in addition to exclusive events throughout the year. BJ’s business memberships are also available for $55 and $110 tiers and allow “tax exempt and resale privileges.” Business members can also add on eight memberships at a discounted rate.
The company also offers discounted Inner Circle memberships in some, but not all locations.
BEST THINGS TO BUY AT BJ’S
CNBC recommends buying baby supplies (similar quantities sold for less than at other membership stores) and fresh meats (up to $1.37 cheaper per pound than other membership stores, per CNBC). | https://cw33.com/news/nexstar-media-wire/how-to-get-free-sams-club-costco-memberships/ | 2022-08-20T00:28:30Z |
Which product does your kid need to be like Craig of the Creek?
Craig of the Creek is a fun cartoon that teaches kids about friendship, inclusivity and the power of imagination. Craig and his friends are nice to other kids, and there is a range of ethnicities and genders represented in the show. If your kid wants to be like Craig of the Creek, it may be a good idea to nurture their desire to follow this positive young role model.
Craig of the Creek characters
- Craig – Craig Williams is a 9-year-old boy who is a natural-born leader with inquisitive traits. Craig is the group’s leader and cartographer, who aims to make a thorough map of the creek they play in.
- Kelsey – Kelsey Pokoly is an 8-year-old girl who values honor, her friends and her pet bird Mortimer. Kelsey loves to read novels and often has internal dialogues that only she and the viewers can hear.
- J.P. – J.P. Mercer is a 10-year-old boy who has an incredibly open mind, despite not being very bright. He’s known for getting dirty and wearing his trademark oversized orange jersey.
- The Green Poncho – Omar, also known as the Green Poncho, is a mysterious young boy who guards the creek. Although he used to be a funny young kid, he lost his sense of humor and took on a more broodish personality after being forced to fight his best friend by the King of the Creek.
What does your kid need to be like Craig of the Creek?
Four-Piece Hand-Painted Light-Up Wizard Staff
One of the most important accessories your kid will need to be just like Craig of the Creek is a staff. Craig’s trademark staff in the series features a pointy end, but this hand-painted wizard staff has the same look as Craig’s, without the pointy end. This four-piece staff breaks down for easy storage and stands 4 feet tall, making it the perfect size for most children.
Sold by Etsy
Jeelow Small Canvas Tote Crossbody Handbag
In the show, Craig uses one of his mom’s purses as a “Purse of Holding,” which is a reference to the “Bag of Holding” from Dungeons & Dragons. This high-quality bag is sturdy enough for kids to play with and has plenty of room to fit your child’s adventure accessories. The Jeelow bag comes in five colors, so you can find a shade that fits your kid’s personality.
Sold by Etsy
How to Make Hand-Drawn Maps Book
One of the things Craig is known for in the TV show is keeping an up-to-date map of the creek. If your kid wants to be just like Craig, chances are pretty good they’ve picked up an interest in making a map of their own. This paperback book features many examples of different maps and easy-to-understand instructions on how to make them. Most users find this book is creative and practical and gives plenty of useful tips and instructions on map-making for all skill levels.
Sold by Amazon
120 Sheets of Antique Looking Vintage Paper
If your child wants to make maps like Craig, they’ll need some fun paper to do it on. These vintage-looking sheets of paper make the perfect material for your child’s hand-drawn maps and they can tape them together to create larger maps, just like Craig does for his map in the show. It’s worth noting the paper has a petroleum smell to it, but this won’t likely keep kids from enjoying it and it even adds more of an “aged” appeal to the sheets.
Sold by Amazon
BIGXIAN Kids Hooded Velvet Cloak
If your child wants to be like Kelsey from Craig of the Creek, they’ll likely need a cool cloak to wear. This velvet cloak has a hood that kids can pull over their heads when they want to feel mysterious, and it’s much more durable than many of the other options out there. This cloak is 39 inches long, which is an ideal size for most children. Some users don’t like that the fabric begins to roll up at the end, but this can help keep your child from tripping as they play.
Sold by Amazon
Liberty Imports Giant Foam Swords
Kelsey is known for carrying a toy sword in the show, and although hers is a paper towel roll, kids will likely need something a little more robust to play with outside. These foam swords are sturdy enough to last years, even if used every day. The Liberty Imports Giant Foam Swords are an excellent value for the money, and the thick, soft foam is perfect for ensuring children don’t hurt each other when playing.
Sold by Amazon
Terra Hiker Waterproof Rain Poncho
Another favorite character from Craig of the Creek is the Green Poncho. This mysterious character oversees the bridge, making sure enemies of the creek don’t make their way into their side of the creek. This durable green poncho is 43 inches tall when worn, making it perfect for most children. The material is sturdy but lightweight, so it’s ideal for most weather conditions, and your kid won’t get too hot while wearing it.
Sold by Amazon
SainSmart Jr. Kids Bow and Arrow Toy
If your kid wants to be like the Green Poncho, they’ll need a toy bow and arrow to defend their play area. This toy bow is perfect for pretend play, as the suction cup arrows are soft when they hit. Still, it’s a good idea to teach your kid about the importance of not aiming for other children’s faces.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/theme-toys-br/8-products-your-kid-needs-to-be-like-craig-of-the-creek/ | 2022-05-09T07:23:14Z |
Thousands mourn slain journalist Shireen Abu Akleh as Palestinians call for accountability
By Hadas Gold and Abeer Salman, CNN
Thousands gathered in the West Bank city of Ramallah on Thursday to mourn slain Al Jazeera journalist Shireen Abu Akleh, as the Palestinian Authority vowed to take the case to the International Criminal Court (ICC).
Journalists, diplomats, religious leaders, and officials including Arab members of Israel’s parliament, the Knesset, attended the memorial procession at the Palestinian Authority President’s residence, which saw Abu Akleh’s Palestinian-flag-draped coffin carried in as honor guards played musical instruments. Crowds that had gathered on the streets outside the residence were heard chanting “the honest voice never dies” and “we sacrifice our blood and spirit for you, Shireen.”
The memorial was attended by Palestinian Authority President Mahmoud Abbas, who in a speech at the event rejected Israel’s offer for a joint investigation into Abu Akleh’s killing and vowed to take the case to the ICC.
“We rejected, and continue to reject, the joint investigation with the Israeli occupation authorities because they committed the crime and we do not trust them,” said Abbas, standing before Abu Akleh’s coffin. “We will go immediately to the International Criminal Court to track down the killers.”
Palestinian Authority Prime Minister Mohamed Shtayyeh said the government will share findings of the investigation with the United States, Qatar and the ICC, adding that it will be concluded “soon” and will include an autopsy report.
The Palestinian-American was shot dead on Wednesday while reporting on Israeli military raids in the West Bank city of Jenin. Akleh’s producer, Ali Al-Samudi, was also shot and is in stable condition, the Palestinian health ministry said.
Following the procession, Abu Akleh’s body was brought to St. Joseph hospital in East Jerusalem, where journalists and friends stood outside, crying as they embraced one another. A crowd of supporters gathered outside the hospital, holding roses and chanting “God rest your soul, Shireen.”
As the ambulance carrying Abu Akleh drove in, dozens gathered to help carry her coffin into the hospital, draped in roses and the Palestinian flag.
Mourners also laid flowers at the doorstep of Abu Akleh’s house in the Jerusalem neighborhood of Beit Hanina.
“Shireen is my daughter, her parents died but we are all her parents,” said 63-year-old Nafisa Khwais, who sat by Abu Akleh’s home, “we are all her family.”
“Silencing her will never stop us from resisting and telling our story,” added Khwais.
Al Jazeera has accused Israeli security forces of deliberately targeting and killing Abu Akleh, 51 — one of the Arab world’s most prominent journalists. Her death was met with regional and international outrage and calls for accountability.
The circumstances surrounding her death are unclear. Three eyewitnesses told CNN that the journalists were shot by Israeli troops and that there were no Palestinian militants next to the journalists at the time.
Israeli Foreign Minister Yair Lapid proposed a joint Israeli-Palestinian investigation into the death on Wednesday.
The Israeli Defense Forces (IDF) said its forces came under heavy fire during the counterterrorism operation, and that they returned fire.
IDF International Spokesperson Amnon Shefler told CNN late on Wednesday that the Israelis “just don’t know yet” who killed Abu Akhleh, in what appeared to be a softening of previous statements by Israeli officials that said she was “likely” shot by crossfire from Palestinian militants.
Her employer, Al Jazeera, called her death “a blatant murder” by Israeli forces.
Abu Akleh’s funeral will take place on Friday in the Roman Catholic Church in Bab Al-Khalil, before she is buried in Jerusalem’s Mount Zion Cemetery next to her parents.
CNN’s Celine Alkhaldi, Nadeen Ebrahim and Mostafa Salem in Abu Dhabi contributed to this report.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/12/thousands-mourn-slain-journalist-shireen-abu-akleh-as-palestinians-call-for-accountability/ | 2022-05-12T17:47:13Z |
CONCORD, N.H. (AP) — The medical technician who drew blood from New Hampshire Rep. Peter Schmidt after he broke his leg in February was registered with the state, thanks to a 2014 law enacted after a traveling medical technician infected dozens of people with hepatitis C.
But by the time Schmidt was back on his feet, colleagues had hijacked his bill aimed at improving the registry. House lawmakers passed a bill last month eliminating the registration requirement altogether, and Schmidt is now urging senators to reject it.
“Please do not pass this, this is a terrible idea,” Schmidt said. “I think we need to continue to register these medical technicians, otherwise we are opening ourselves up to a potential repeat of the Exeter experience.”
New Hampshire created the Board of Registration for Medical Technicians in response to David Kwiatkowski, who is serving 39 years in prison for stealing painkillers and replacing them with saline-filled syringes tainted with his blood.
At the time, officials hoped the board would become a model for other states, but that hasn’t happened. And those who want to ditch it say it creates unnecessary bureaucracy at a time when health care facilities are struggling to hire workers.
“The actions of one bad actor, however heinous, are not reason to require thousands of technicians to register and pay fees,” said Rep. Carol McGuire, R-Epsom, when the House passed the bill last month.
But Linda Ficken, a Kansas woman who contracted hepatitis C from Kwiatkowski in 2011, said she believes any medical worker with access to drugs should be registered and should undergo frequent drug testing.
“Every time I go into the hospital, I can’t help but wonder, is this a repeat?” she said. “Cured or not, the thoughts and anxiety are still there.”
Despite being fired numerous times over drug allegations, Kwiatkowski had worked in 18 hospitals in seven states before being hired in at Exeter Hospital in New Hampshire. After his arrest in 2012, 46 people in four states were diagnosed with the same strain of the hepatitis C virus he carries, including one who died in Kansas.
In all, 32 patients were infected in New Hampshire, seven in Maryland, six in Kansas and one in Pennsylvania. Kwiatkowski also worked in Michigan, New York, Arizona and Georgia.
The case highlighted the fact that medical technicians aren’t as closely regulated as nurses or doctors, whose misconduct and discipline are tracked via a nationwide database. While some states require certain technicians to be licensed, four of the states where he worked didn’t license any of them at the time of his arrest, including New Hampshire.
The registry New Hampshire eventually created applies to all health care workers who are not otherwise already licensed or registered and have access to both patients and drugs. Hospitals are required to report disciplinary actions to the board, which also investigates complaints and takes disciplinary action.
The board has struggled to maintain a quorum, however, and hasn’t met in more than a year, said Lindsey Courtney, director of the Office of Professional Licensure and Certification.
“We’re greatly concerned the state is not meeting its obligation to protect the public,” she said at a public hearing.
Courtney, who isn’t taking a position on eliminating the board, supported Schmidt’s original proposal to convert it to an advisory panel that would make recommendations to her office. There are currently 1,691 registered technicians, and although complaints are rare, the board has taken action in a handful of cases each year.
Schmidt said his goal was to shift some of the administrative burden from the board to the larger agency. He hopes the Senate will either kill the amended bill or return to his original idea.
While hospitals are on the front lines of preventing and responding to drug diversion, partnering with public health, licensing and law enforcement agencies is essential, said Dr. Matthew Crist, a medical officer with the Centers for Disease Control and Prevention.
He said the CDC isn’t aware of outbreaks in recent years related to drug diversion and is cautiously optimistic given that health care facilities have improved security around controlled drugs, and many state licensing agencies have taken steps to improve communication across state lines.
In the decade before Kwiatkowski’s arrests, similar hepatitis C outbreaks had been traced to other hospital technicians in Texas, Colorado and Florida, and CDC officials said at the time that the Kwiatkowski case highlighted a problem that was a growing concern across the public health system.
Even though other states didn’t follow New Hampshire’s lead, the registry likely has deterred people like Kwiatkowski from coming to the state in the first place, said state Sen. Tom Sherman, D-Rye, who led the bipartisan effort to create the board.
Sherman, a gastroenterologist who is running for governor, played a key role in discovering Kwiatkowski’s misconduct when he and his colleagues noticed a cluster of hepatitis C cases among their patients and realized they all had been treated in Exeter Hospital’s cardiac catherization lab. He’s now urging his fellow senators to consider “the price of doing an experiment to see what happens if we get rid of the board.”
“People died because of that outbreak,” he said. “This was a very carefully thought-out solution that has worked. To take it away now means we just don’t learn from history.” | https://cw33.com/health/ap-health/decade-after-hepatitis-outbreak-medical-registry-might-end/ | 2022-04-09T19:03:00Z |
Former SiriusXM and Pandora executive will lead the technology organization, ensuring continued digital media quality leadership and innovation
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Integral Ad Science (Nasdaq: IAS), a global leader in digital media quality, today announced that it has named Thomas V. Joseph as Chief Technology Officer (CTO), effective August 8, 2022. As CTO, Joseph will lead the engineering team to develop and scale new offerings while continuing to evolve existing products. Joseph will report directly to Lisa Utzschneider, CEO of IAS, and will execute on the long-term product vision as part of the senior leadership team.
"Thomas is an accomplished leader of high performing engineering teams. He is data driven, innovative, and experienced in dynamic technology environments," said Utzschneider. "His knowledge of media, advertising, and emerging platforms aligns with IAS's mission to be the global benchmark for trust and transparency in digital media quality. We are excited to welcome Thomas to the team."
Joseph brings over two decades of tech-industry leadership experience to the CTO role. Before joining IAS, he served as SVP Engineering at SiriusXM and Pandora, where he was responsible for the full engineering stack and architecture. Prior to SiriusXM and Pandora, Joseph spent several years at Microsoft, spanning a broad spectrum of technologies, starting in gaming and media, and culminating with the launch of Microsoft Office on iOS and Android.
"Digital media is at a crossroads with marketers and publishers adopting new strategies powered by a growing expanse of data. The tools that support the industry today must also be able anticipate what comes next in this fast-changing industry," said Joseph. "IAS's mission of using technology to be the global leader in digital media quality and outcomes for the world's leading brands, publishers, and platforms resonates with my passion for leading world-class engineering organizations and developing future-ready products at scale."
Joseph's appointment to the CTO role follows the recent announcement of Yannis Dosios as Chief Commercial Officer, furthering IAS's drive for continued industry leadership and advancement.
Integral Ad Science (IAS) is a global leader in digital media quality. IAS makes every impression count, ensuring that ads are viewable by real people in safe and suitable environments, activating contextual targeting, and driving supply path optimization. Our mission is to be the global benchmark for trust and transparency in digital media quality for the world's leading brands, publishers, and platforms. We do this through data-driven technologies with actionable real-time signals and insight. Founded in 2009 and headquartered in New York, IAS works with thousands of top advertisers and premium publishers worldwide. For more information, visit integralads.com
CONTACT: press@integralads.com
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SOURCE Integral Ad Science, Inc. | https://www.wibw.com/prnewswire/2022/08/02/integral-ad-science-names-thomas-v-joseph-chief-technology-officer/ | 2022-08-02T10:49:13Z |
Wayward, premiering on BET and in theaters June 14th and on all digital platforms June 24th, is one of several films by Faith Media Distribution and A Manny Halley Production scheduled for release this year in a multi-project deal with Viacom and other streaming networks.
LOS ANGELES, May 23, 2022 /PRNewswire/ -- Faith Media Distribution, headed by entertainment mogul and music executive, Manny Halley, is blazing a path in the indie film world creating an avenue for independently made content to reach the masses all while giving opportunities to up and coming actors, directors, writers, and producers.
"Creating this avenue for these kinds of stories to be told is paramount to the perseveration of not just indie filmmaking but also filmmaking created for and by diverse voices," said Manny Halley, CEO and founder of A Manny Halley Production.
Wayward, produced in conjunction with A Manny Halley Production and In the Works Production, follows the story of Dawn (Iyana Halley), a free spirit who hits the road for a major music festival. During her journey, she picks up Micah (Barton Fitzpatrick) a handsome, intriguing stranger. Ready to have a good time, the pair soon find themselves stalked and terrorized by a crazed madman in a Bronco (Darius McCrary) with sinister plans for the two new friends. Executive produced by Garret Blutter and Manny Halley with James Gutierrez and Yolanda Halley servicing as producers, Wayward, written by Steven Shea and Kurt Yochum and directed by Yochum, premieres June 14th in theaters and on BET and on all digital platforms on June 24th.
Fulfilling its mission to make an impact on global audiences by creating the stage/platform for artists, filmmakers, and producers to tell amazing stories, Faith Media Distribution is driven by an entrepreneurial culture and commitment to providing an outlet that empowers and promotes creative expression.
Faith Media Distribution in conjunction with its production house Imani Media Group/A Manny Halley Production has several upcoming projects including Soulmates, Aftershock: The Nicole Bell Story, and Champagne. Through partnerships with Viacom, Netflix, Amazon, BET, iTunes, Google Play, Microsoft Movies & TV, Redbox VOD, Dish, Comcast Xfinity, Spectrum, Cox, Verizon Fios, DirectTV, Rogers VOD- Canada, and Telus VOD- Canada, Faith Media Distribution is forging strong connections with some of entertainment's biggest networks; all for the advancement of talented indie producers, directors, and artists to materialize their dreams by calling the shots.
ABOUT FAITH MEDIA DISTRIBUTION
Faith Media is a streamlined, highly focused, and audience-driven distribution company, with the flexibility and nimbleness to constantly be responsive to the urban consumer market. There is no existing enterprise with a development and production model that creates, distributes, and markets to the urban audience at the pace in which they can. Within a short period, Faith Media has built a reputation of consistently providing urban-themed film products that are commercial, critical, and audience successes.
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SOURCE Faith Media Distribution | https://www.mysuncoast.com/prnewswire/2022/05/23/manny-halleys-faith-media-distribution-sets-june-14th-premiere-date-wayward-black-lead-horror-film-starring-darius-mccrary-barton-fitzpatrick-iyana-halley/ | 2022-05-23T15:30:41Z |
HANGZHOU, China, July 29, 2022 /PRNewswire/ -- Lynk Pharmaceuticals Co., Ltd. (hereinafter referred to as 'Lynk Pharmaceuticals'), an innovative clinical stage company, announced that it has completed dosing the first participant in the phase I clinical study in China for its self-developed, innovative drug LNK01004.
This study is to evaluate the safety, tolerability, and pharmacokinetics of the LNK01004 ointment in healthy adults and patients with mild to moderate plaque psoriasis in China.
Psoriasis is a chronic inflammatory skin disease induced by a combination of genetics and environment. It is a difficult to treat disease that runs a long course, and often is persistent throughout life. In addition to symptoms on the skin, patients with moderate to severe psoriasis are more likely to have other associated diseases such as arthritis, metabolic syndrome, and cardiovascular disease, which seriously affect the quality of life. LNK01004 is a novel kinase inhibitor for the treatment of psoriasis and has shown good efficacy and safety in preclinical experiments. It has the advantages of restricted distribution to the skin and extremely low exposure in the blood system, avoiding potential safety problems caused by systemic exposure of the drug.
"In preclinical translational medicine studies, we saw the favorable efficacy and safety profile demonstrated by LNK01004." Dr. Henry Wu, Chief Development Officer of Lynk Pharmaceuticals, said, " It is a highly differentiated new molecular entity, we will continue to accelerate the clinical studies to evaluate its values as a novel therapeutic option that will benefit more patients worldwide in near future."
About Lynk Pharmaceuticals:
Lynk Pharmaceuticals, a clinical stage company, was founded in 2018 by senior drug R&D experts and executives from Pfizer, Merck, and Johnson & Johnson. Lynk Pharmaceuticals is dedicated to the discovery and development of innovative drugs for the treatment of cancer, as well as immune and inflammatory diseases. Driven by a higher goal, Lynk Pharmaceuticals aims to be a market leader to address unmet medical demands by the development of innovative therapies. To date, Lynk Pharmaceuticals has independently developed a number of innovative new drugs, and independently as well as jointly with its US partner launched a number of clinical studies globally. For more information about Lynk Pharmaceuticals, please visit: https://www.lynkpharma.com.
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SOURCE Lynk Pharmaceuticals | https://www.kxii.com/prnewswire/2022/07/29/lynk-pharmaceuticals-announces-first-participant-dosed-phase-i-trial-lnk01004/ | 2022-07-29T13:23:13Z |
ATLANTA -- There will be a lot of new faces in the General Assembly come next January. But the breakdown between majority Republicans and minority Democrats may not change much.
Twelve of the 56 Georgia senators are not seeking re-election this fall, while 54 of the 180 members of the state House of Representatives aren't running for another two-year term under the Gold Dome.
That's an unusually large amount of turnover, driven in part by the ambitions of lawmakers leaving their seats to seek statewide office in positions including lieutenant governor, attorney general, ag commissioner and secretary of state. But many others simply have had their fill of the job.
"It was a combination of having been there awhile and the demands of the job, the sacrifices of being away from homes and businesses," House Speaker David Ralston, R-Blue Ridge, said.
At the same time, high turnover in the General Assembly is being accompanied by a larger than usual number of contested races for legislative seats.
In the House, contests for 87 of the 180 seats feature at least one Republican and one Democrat. The ratio is nearly the same in the Senate, where at least one candidate from each of the two major parties is on the ballot in 27 of 56 races.
Charles Bullock, a political science professor at the University of Georgia, attributes the large number of contested races to the once-per-decade redrawing of legislative maps to accommodate changes in population reflected in the U.S. Census.
The legislature's Republican majority made major changes to many House and Senate districts, forcing incumbents to court lots of new constituents on the campaign trail while encouraging newcomers to jump into the fray.
"Especially in a district that has swapped some population in and out, parts of the district would be like an open seat," Bullock said.
In the immediate aftermath of the General Assembly's redistricting special session last November, the consensus among Georgia political observers was that the new maps put Democrats in a position to gain up to six seats in the House and pick up at least one seat in the Senate. While Republicans were in control of drawing the new districts, growing minority populations in suburban Atlanta were expected to help Democrats gain ground.
"The changing population is spreading further out of Atlanta, putting some districts in Gwinnett [County] and North Fulton up for grabs," Bullock said. "Democrats came close to winning them in 2018 and 2020."
"We are optimistic about potential gains in the Senate," Monica Fambrough, spokeswoman for the Georgia Senate Democratic Caucus, said in an e-mail. "We do expect to pick up at least two seats, and we are going to be competing in several districts where we see a path for gains in the future."
Fambrough pointed to Senate Districts 6, 7, 14 and 48 in Atlanta's northern suburbs as competitive districts where the Democrats have fielded strong candidates.
Even if those gains are realized, Republicans still would remain in control of the General Assembly. The GOP now holds 34 Senate seats to 22 for the Democrats, while the House includes 103 Republican members and 77 Democrats.
On the House side, Ralston said he's not buying that Democrats will gain six seats.
"We're a competitive state now because of the changing demographics. We get that as Republicans," he said. "[But] I think [a six-seat pickup] is a real reach for them. I expect we'll end up pretty close to where we are now. We may pick up one or two [seats]."
Ralston said Republicans will be able to talk on the campaign trail about a strong list of accomplishments during the recently concluded General Assembly session, including an overhaul of Georgia's mental health system, a tax cut and an economy that has remained strong despite the pandemic, outperforming other states.
"We were the last to close and the first to re-open," he said. "That put us in a good position economically."
Democrats supported the mental health bill, but most voted against the Republicans' other priorities. Democratic candidates will tell voters Republicans have made Georgia less safe by allowing the carrying of concealed firearms without a permit and are threatening their voting rights by empowering the Georgia Bureau of Investigation to look into complaints of election fraud on its own. | https://www.albanyherald.com/news/turnover-in-general-assembly-likely-wont-change-party-makeup/article_93d605ec-bf41-11ec-a8e9-1766071b5035.html | 2022-04-18T19:07:33Z |
Pivotal ENLIGHTEN Phase 3 clinical program and BEACON Phase 2 clinical trial targeting a broad spectrum of chronic rhinosinusitis (CRS) patients, continued enrollment
Industry leader Richard Nieman, MD, appointed Chief Medical Officer
In April 2022, secured $96.3 million in net proceeds in an at-the-market, private placement of common stock that is expected to support two pivotal data readouts; cash runway extended until mid-2024
WATERTOWN, Mass., Aug. 9, 2022 /PRNewswire/ -- Lyra Therapeutics, Inc. (Nasdaq: LYRA)("Lyra" or the "Company"), a clinical-stage therapeutics company leveraging its proprietary XTreo™ platform to enable precise, sustained and local delivery of medications to the ear, nose and throat (ENT) passages and other diseased tissues, today reported financial results for the second quarter ended June 30, 2022, and highlighted recent accomplishments.
"The second quarter marked continued progress for our ongoing clinical programs designed to address the full spectrum of CRS patients. The pivotal ENLIGHTEN Phase 3 program for LYR-210 is actively enrolling patients with chronic rhinosinusitis and surgically naïve anatomy," said Maria Palasis, PhD, President and Chief Executive Officer of Lyra Therapeutics. "The BEACON Phase 2 trial for LYR-220 is continuing enrollment of CRS patients with recurrent CRS despite surgical intervention. Together these two patient populations represent the roughly four million patients who fail medical management, highlighting the need for new therapies."
"CRS is a highly prevalent inflammatory disease of the paranasal sinuses leading to debilitating symptoms and significant morbidities for which there is no approved therapeutic treatment at this time," said Dr. Richard Nieman, Chief Medical Officer of Lyra Therapeutics. "While millions of CRS patients are treated by ENT physicians annually in the U.S., many suffer from persistent burdensome symptoms due to limited, ineffective treatment options and are seeking alternatives to invasive, non-curative sinus surgery, or continuous use of biologics. We have the potential to create a new standard of care for these patients and we look forward to the ongoing advancement of LYR-210 and LYR-220 through the clinic."
Corporate Highlights
- On July 5, 2022, Lyra announced the appointment of Richard Nieman, MD, as Chief Medical Officer, an industry leader with substantial U.S. and global experience in drug development and medical affairs and a proven track record of developing medicines through commercialization and beyond. His prior leadership roles include SVP & Worldwide Medical Head of Immunology at Bristol Myers Squibb (BMS), Head of R&D China at BMS, Global Medical Officer & Head of Medical at Teva, and Head of Asia Pacific Medical at Bayer. Dr. Nieman will guide the Company's late-stage product candidates as they advance in the clinic.
- In April 2022, Lyra closed a private placement of common stock of approximately $96.3 million in net proceeds with participation by funds affiliated with existing investors: Perceptive Advisors, North Bridge Venture Partners and Pura Vida Investments as well as funds affiliated with new investors: Venrock Healthcare Capital Partners, Nantahala Capital Management, LLC and Samsara BioCapital. The net proceeds, combined with the Company's existing cash balance, is expected to provide sufficient operating capital through mid-2024.
Clinical Developments for LYR-210 and LYR-220
- Enrollment in the pivotal ENLIGHTEN I Phase 3 trial is ongoing, while the ENLIGHTEN II Phase 3 trial is actively screening patients and we expect to enroll the first patient in the third quarter. Both ENLIGHTEN trials are expected to enroll patients in the U.S. and Europe. The global ENLIGHTEN Phase 3 program is expected to include a total of 360 adults, surgically-naïve CRS patients and enrollment is projected to be completed in mid-year 2023.
- In April 2022, the first patient was treated in Australia in the Part 1/non-randomized portion of the BEACON Phase 2 trial for LYR-220 for the treatment of adult CRS patients who remain symptomatic despite having had a prior sinus surgery. The Part 2/randomized portion of the trial is anticipated to commence in the U.S. in the third quarter. The BEACON Phase 2 trial is expected to include approximately 70 symptomatic adult CRS subjects who have had a prior sinus surgery, with enrollment anticipated to be complete around the end of 2022. We believe topline results from the Part 1/non-randomized portion of the trial are anticipated around year-end 2022.
- At the 2022 Combined Otolaryngology Spring Meetings (COSM) in April 2022, the Company presented two oral presentations that highlighted additional positive clinical data from the LANTERN Phase 2 trial of LYR-210 in adult patients with CRS. The Company's oral presentation on the impact of long-acting implantable corticosteroid matrices in CRS patients was selected as a top clinical abstract by the American Rhinologic Society. The Company's second presentation highlighted clinically meaningful improvement in mental and physical quality of life outcomes for CRS patients. These results are supportive of the previously reported, statistically significant 40-point improvement for LYR-210 (7,500µg) over the average baseline SNOT-22 score of 68 at week 24.
Second Quarter 2022 Financial Highlights
- Cash and cash equivalents as of June 30, 2022 were $120.7 million, compared with $33.8 million at March 31, 2022. The Company expects its cash and cash equivalents balance to be sufficient to fund its planned operations through mid-2024.
- Research and development expenses for the quarter ended June 30, 2022 were $10.8 million compared to $7.5 million for the same period in 2021. The increase was primarily driven by an increase in clinical expenses related to the Company's three clinical trials and employee-related expenses.
- General and administrative expenses for the quarter ended June 30, 2022 were $4.1 million compared to $3.6 million for the same period in 2021. The increase was primarily driven by an increase in employee related costs.
- Net loss for the quarter ended June 30, 2022 was $14.5 million compared to $11.0 million for the same period in 2021.
About Lyra Therapeutics
Lyra Therapeutics, Inc. is a clinical-stage therapeutics company leveraging its proprietary XTreo™ platform to enable precise, sustained, local delivery of medications to diseased tissues not accessible with conventional therapeutic approaches. Lyra's XTreo™ platform is comprised of a biocompatible mesh scaffold, an engineered elastomeric matrix and a versatile polymer-drug complex. The company's current pipeline of therapeutics target tissues deep in the ear, nose and throat passages and are designed to deliver continuous drug therapy for up to six months following a single non-invasive, in-office administration. Lyra has two product candidates in late-stage development for CRS, a highly prevalent inflammatory disease of the paranasal sinuses which leads to debilitating symptoms and significant morbidities: LYR-210, for surgically naïve patients is being evaluated in the ENLIGHTEN Phase 3 clinical program, and LYR-220, is being evaluated in patients who have recurrent symptoms despite surgery in the BEACON Phase 2 clinical trial. These two product candidates are designed to treat the estimated four million CRS patients in the U.S. that fail medical management each year. For more information, please visit www.lyratherapeutics.com and follow us on LinkedIn and Twitter.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding the Company's cash runway through mid-2024, the Company's pipeline of product candidates, the enrollment and success of the ENLIGHTEN II Phase 3 program, the enrollment and success of the Phase 2 BEACON trial (including the timelines for commencement of the Part 2/randomized portion of the trial in the U.S. later in the third quarter and topline results from the Part 1/non-randomized portion of the trial around year-end), Dr. Nieman's role at the Company, and the success of the XTreo™ platform. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: the fact that the company has incurred significant losses since inception and expects to incur additional losses for the foreseeable future; the company's need for additional funding, which may not be available; the company's limited operating history; the fact that the company has no approved products; the fact that the company's product candidates are in various stages of development; or the fact that the company may not be successful in its efforts to identify and successfully commercialize its product candidates; the fact that clinical trials required for the company's product candidates are expensive and time-consuming, and their outcome is uncertain; the fact that the FDA may not conclude that certain of the company's product candidates satisfy the requirements for the Section 505(b)(2) regulatory approval pathway; the company's inability to obtain required regulatory approvals; effects of recently enacted and future legislation; the possibility of system failures or security breaches; effects of significant competition; the fact that the successful commercialization of the company's product candidates will depend in part on the extent to which governmental authorities and health insurers establish coverage, adequate reimbursement levels and pricing policies; failure to achieve market acceptance; product liability lawsuits; the fact that the company relies on third parties for the manufacture of materials for its research programs, pre-clinical studies and clinical trials; the company's reliance on third parties to conduct its preclinical studies and clinical trials; the company's inability to succeed in establishing and maintaining collaborative relationships; the company's reliance on certain suppliers critical to its production; failure to obtain and maintain or adequately protect the company's intellectual property rights; failure to retain key personnel or to recruit qualified personnel; difficulties in managing the company's growth; effects of natural disasters, terrorism and wars (including the developing conflict between Ukraine and Russia); the fact that the global pandemic caused by COVID-19 could adversely impact the company's business and operations, including the company's clinical trials; the fact that the price of the company's common stock may be volatile and fluctuate substantially; significant costs and required management time as a result of operating as a public company and any securities class action litigation. These and other important factors discussed under the caption "Risk Factors" in the company's Quarterly Report on Form 10-Q filed with the SEC on August 9, 2022 and its other filings with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While the company may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, even if subsequent events cause its views to change.
Investor Contact:
ir@lyratx.com
Media Contact:
Kathryn Morris
914-204-6412
kathryn@theyatesnetwork.com
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SOURCE Lyra Therapeutics, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/09/lyra-therapeutics-reports-second-quarter-2022-financial-results-provides-corporate-update/ | 2022-08-09T12:09:42Z |
Led by Next Coast Ventures and Lorne Abony, this investment round will enable Amy to bolster its deep tech offering and take its B2P solution to market
TEL AVIV, Israel, June 17, 2022 /PRNewswire/ -- Amy, the pioneering AI-driven sales intelligence solution that automates pre-meeting prospect research and enables meaningful business connections, today announced that it has raised a $6 million Seed Round led by Next Coast Ventures and Lorne Abony. Additional investors in the round include Jim Mellon and Eric Ludwig, Micha Breakstone, Joey Low, and James Kong among others. Amy will utilize the funds to further enhance its AI, natural language processing, and machine learning capabilities as well as launch its B2P solution to the market.
"The pandemic completely upended the way in which business professionals conduct meetings and close business deals, however, one thing remains the same: the importance of building strong, meaningful relationships," said Nimrod Ron, CEO and Co-founder of Amy. "At Amy, we've automated the prospect research and meeting preparation process – which takes on average 17% of the workday – so that business professionals can focus on establishing authentic relationships with their customers, closing deals and excelling at what they do. We help salespeople create a lasting network of connections that transcends their current role, boosting long-term sales prospects."
Amy's sales intelligence platform saves sales professionals time and money while enhancing business outcomes by automating prospect research and providing actionable insights that generate deeper, long-lasting business relationships. The platform analyzes all publicly available information about a business prospect, transforming strands of random data into digestible briefs which contain insights about the prospect, the company they work for, and common experiences. The platform's unique algorithm collects information about the respective prospect and, through proprietary NLP technology, extracts and presents a personalized meeting brief comprised solely of information relevant to business professionals.
"There is a clear market need to optimize meeting experiences, given that the average professional spends hours each day in meetings," said Michael Smerklo, Co-founder & Managing Director of Next Coast Ventures. "Amy's offering addresses this need by tapping into the art of human connection in business. The platform makes business personal by enabling professionals to understand who they are about to speak with and why that person is interested in speaking with them – making meetings more effective and efficient."
"In today's market, a solution like Amy's is set to be a real game-changer for salespeople at companies of all sizes," said Lorne Abony. "Despite most being connected to their digital channels 24/7, in today's business environment, real connections are lacking. Amy's AI-driven easy-to-use platform represents the next generation of sales tools, reinventing 'relationship selling' – what was once a crucial pillar of the sales world – and bringing it to the forefront of the digital sales landscape. Amy is equipping salespeople with the information they need to offer personalized experiences, and we're confident that its solution will quickly become an industry must-have."
The funding round comes at an exciting time for Amy; its sales intelligence solution is now widely available to users after it was ranked #1 on Product Hunt during a successful alpha-testing stage.
About Amy
Amy's AI-driven sales intelligence platform is revolutionizing the way that business professionals prepare for external meetings. By automating the pre-meeting prospect research process, Amy empowers business professionals to focus on what really matters – building relationships with customers and driving sales. Leveraging deep technology, Amy's platform analyzes thousands of data sources and provide users with actionable insights regarding their business connections and professional networks. With personalized meeting briefs at their fingertips, business professionals can effectively prepare for their meetings in seconds. The company is headquartered in Tel Aviv, Israel with offices in Austin, Texas. For more information, please go to https://myamy.io/.
Media Contact
Sarah Tahor
Amy, VP Marketing & Operations
sarah@myamy.io
+1(312)885-0792
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SOURCE Amy | https://www.mysuncoast.com/prnewswire/2022/06/17/ai-powered-sales-solution-amy-raises-6m-seed-round-boost-business-professionals-selling-power-by-tapping-into-power-human-connections/ | 2022-06-17T14:36:12Z |
MLB postpones Guardians-White Sox game due to positive Covid-19 tests in Cleveland organization
By Kevin Dotson, CNN
Due to multiple positive Covid-19 tests within the Guardians organization, Wednesday afternoon’s game between Cleveland and the Chicago White Sox has been postponed, Major League Baseball officials announced.
It is the first Covid-19-related postponement of the season.
No make-up date for the game — which was to be the finale of a three-game series between the two teams at Guaranteed Rate Field in Chicago — has been announced.
The Guardians’ next scheduled contest is Friday against the Minnesota Twins in Minneapolis.
A spokesperson for the Guardians said the club needed a few hours to arrange logistics and travel coordination before issuing a team statement.
This is a developing story and will be updated.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/sports/cnn-sports/2022/05/11/mlb-postpones-guardians-white-sox-game-due-to-positive-covid-19-tests-in-cleveland-organization/ | 2022-05-11T23:02:57Z |
FBI: No sign of Jimmy Hoffa under New Jersey bridge
DETROIT (AP) — The FBI found no evidence of missing Teamsters boss Jimmy Hoffa during a search of land under a New Jersey bridge, a spokeswoman said Thursday.
The Pulaski Skyway now becomes another dead end in the decadeslong mystery that has stretched from a Michigan horse farm to the East Coast: Where are the remains of one of America’s most powerful labor leaders?
The 47-year riddle turned last year to land next to a former landfill under the bridge in Jersey City. The FBI conducted a search there in early June.
“Nothing of evidentiary value was discovered during that search,” said Mara Schneider, an FBI spokeswoman in Detroit.
“While we do not currently anticipate any additional activity at the site, the FBI will continue to pursue any viable lead in our efforts to locate Mr. Hoffa,” she said.
Schneider declined to comment further when asked for details about the excavation.
Authorities believe Hoffa disappeared in suburban Detroit in 1975 while meeting with reputed mobsters.
Dan Moldea, a journalist who has written extensively about the Hoffa saga, said he was personally briefed by the FBI in a video conference call Thursday.
He said the FBI and its contractors did not dig in the exact spot that he had recommended.
“I’m not thrilled with the result. ... My impression today was them breaking the bad news to me: Thanks for the tip but this is over. That’s my interpretation,” Moldea told The Associated Press.
“They dug holes very, very deep,” he said.
The FBI reached out to Moldea last year after he published a detailed account from Frank Cappola, who was a teenager in the 1970s when he worked at the old PJP Landfill near the bridge.
Cappola said his father, Paul Cappola, who also worked at the landfill, explained how Hoffa’s body was delivered there in 1975, placed in a steel drum and buried with other barrels, bricks and dirt.
Paul Cappola, worried that police might be watching, dug a hole on New Jersey state property, about 100 yards from the landfill, and subsequently moved the unmarked barrel there, according to Moldea.
Frank Cappola spoke to Fox Nation and Moldea before he died in 2020 and signed a document attesting to his late father’s story.
Moldea said the FBI told him it did not dig in the exact spot that he had recommended because radar showed nothing suspicious below ground.
“I do think they missed this one spot,” he said. “I think the body’s there. We just can’t find it.”
Hoffa was president of the 2.1 million-member Teamsters union from 1957-71, even keeping the title while in prison for trying to bribe jurors during a previous trial. He was released from prison in 1971 when President Richard Nixon shortened his sentence.
It has been long speculated that Hoffa, who was 62, was killed by enemies because he was planning a Teamsters comeback. He was declared legally dead in 1982.
___
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Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/21/fbi-no-sign-jimmy-hoffa-under-new-jersey-bridge/ | 2022-07-22T00:12:52Z |
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced an increase of $200 million in the Company's share-repurchase program, bringing the Company's total share repurchase authority to $400 million.
The Company has repurchased a total of approximately 10.0 million of its common shares (or a 15% net reduction in shares outstanding) for an aggregate purchase price of approximately $175.0 million pursuant to the current share-repurchase program since it commenced on July 1, 2017. With this increase of $200 million, the Company is authorized to repurchase up to approximately $225.0 million worth of common shares, which includes approximately $25.0 million remaining from the initial authorization in 2017, through June 30, 2023.
Repurchases under the Company's share-repurchase program may be made either in the open market or through private transactions, including under Rule 10b5-1 plans, subject to market conditions and applicable legal requirements. IMAX has no obligation to repurchase shares, and the share-repurchase program may be suspended or discontinued by the Company at any time. In addition, the $400 million authorization does not include shares repurchased in connection with the administration of employee share-based compensation plans.
The Company has received an exemption decision issued by the Ontario Securities Commission dated April 1, 2022 for relief from the formal issuer bid requirements under Canadian securities laws. The exemption decision permits the Company to repurchase up to 15% of its outstanding common shares in any 12-month period through the facilities of the New York Stock Exchange ("NYSE") under repurchase programs that the Company may implement from time to time. Canadian securities laws regulate an issuer's ability to make repurchases of its own securities.
The decision allows the Company to make repurchases under its repurchase programs from time to time in excess of the maximum allowable in reliance on the existing "other published markets" exemption from the formal issuer bid requirements available under Canadian securities laws. The "other published markets" exemption caps the Company's ability to repurchase its securities through the facilities of the NYSE at 5% of the issuer's outstanding securities during any 12-month period.
The conditions of the exemption decision are as follows: (i) any repurchases made in reliance on the exemption decision must be permitted under, and part of, repurchase programs established and conducted in accordance with United States securities laws and NYSE rules, (ii) the aggregate number of common shares acquired in reliance on the exemption decision and the "other published markets" exemption by the Company and any person acting jointly or in concert with the Company within any period of 12 months does not exceed 15% of the outstanding common shares at the beginning of the 12-month period, (iii) the common shares are not listed and posted for trading on an exchange in Canada, (iv) the exemption decision applies only to the acquisition of common shares until April 1, 2025, (v) at least 5 days prior to purchasing common shares in reliance on the exemption decision, the Company discloses the terms of the exemption decision and the conditions applicable thereto in a press release that is issued and filed on the System for Electronic Document Analysis and Retrieval ("SEDAR") and includes such information as part of the news release required to be issued in accordance with the "other published markets exemption" in respect of any repurchase program that may be implemented by the Company, which this press releases satisfies, and (vi) the Company does not acquire common shares in reliance on the "other published markets" exemption if the aggregate number of common shares purchased by the Company and any person acting jointly or in concert with the Company within any period of 12 months exceeds 5% of the outstanding Shares at the beginning of the 12-month period .
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theaters to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.
IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of June 30, 2022, there were 1,694 IMAX theater systems (1,610 commercial multiplexes, 12 commercial destinations, 72 institutional) operating in 85 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code "1970."
IMAX®, IMAX® Dome, IMAX® 3D, IMAX® 3D Dome, Experience It In IMAX®, The IMAX Experience®, An IMAX Experience®, An IMAX 3D Experience®, IMAX DMR®, DMR®, Filmed For IMAX™, IMAX Live™, IMAX Enhanced™, IMAX nXos® and Films to the Fullest®, are trademarks and trade names of the Company or its subsidiaries that are registered or otherwise protected under laws of various jurisdictions. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Instagram (https://www.instagram.com/imax), Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).
This press release contains forward looking statements that are based on IMAX management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These forward looking statements include, but are not limited to, references to plans regarding share repurchases pursuant to the share-repurchase program, business and technology strategies and measures to implement strategies, competitive strengths, goals, expansion and growth of business, operations and technology, future capital expenditures (including the amount and nature thereof), industry prospects and consumer behavior, plans and references to the future success of IMAX Corporation together with its consolidated subsidiaries (the "Company") and expectations regarding the Company's future operating, financial and technological results. These forward-looking statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors it believes are appropriate in the circumstances. However, whether actual results and developments will conform with the expectations and predictions of the Company is subject to a number of risks and uncertainties, including, but not limited to, risks related to the adverse impact of the COVID-19 pandemic; risks associated with investments and operations in foreign jurisdictions and any future international expansion, including those related to economic, political and regulatory policies of local governments and laws and policies of the United States and Canada as well as geopolitical conflicts, such as the conflict between Russia and Ukraine; risks related to the Company's growth and operations in China; the performance of IMAX DMR® films; the signing of IMAX Theater System agreements; conditions, changes and developments in the commercial exhibition industry; risks related to currency fluctuations; the potential impact of increased competition in the markets within which the Company operates, including competitive actions by other companies; the failure to respond to change and advancements in digital technology; risks relating to consolidation among commercial exhibitors and studios; risks related to brand extensions and new business initiatives; conditions in the in-home and out-of-home entertainment industries; the opportunities (or lack thereof) that may be presented to and pursued by the Company; risks related to cyber-security and data privacy; risks related to the Company's inability to protect the Company's intellectual property; risks related to climate change; risks related to weather conditions and natural disasters that may disrupt or harm the Company's business; risks related to the Company's indebtedness and compliance with its debt agreements; general economic, market or business conditions; risks related to political, economic and social instability, including with respect to the Russia-Ukraine conflict; the failure to convert IMAX Theater System backlog into revenue; changes in laws or regulations; any statements of belief and any statements of assumptions underlying any of to the foregoing; other factors and risks outlined in our periodic filings with the United States Securities and Exchange Commission or in Canada, the SEDAR; and other factors, many of which are beyond the control of the Company. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and actual results or anticipated developments by the Company may not be realized, and even if substantially realized, may not have the expected consequences to, or effects on, the Company. These factors, other risks and uncertainties and financial details are discussed in IMAX's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE IMAX Corporation | https://www.wibw.com/prnewswire/2022/09/07/imax-announces-200-million-increase-current-share-repurchase-program/ | 2022-09-07T13:42:37Z |
Bruins D McAvoy in COVID protocol, misses Game 4 vs. ‘Canes
BOSTON (AP) — Boston Bruins defenseman Charlie McAvoy was scratched from Game 4 against the Carolina Hurricanes less than an hour before the opening faceoff and placed in the NHL’s COVID-19 protocol. Josh Brown was active instead. He appeared in six games for the Bruins after joining them from Ottawa at the trade deadline. McAvoy finished in the top 10 of the Norris Trophy voting in each of the past two seasons. This season, he had career highs of 10 goals and 46 assists. He led all Bruins defensemen in scoring and with an average of 24 minutes, 39 seconds on the ice per game. | https://localnews8.com/sports/ap-national-sports/2022/05/08/bruins-d-mcavoy-in-covid-protocol-misses-game-4-vs-canes/ | 2022-05-08T22:17:18Z |
BEIJING, July 29, 2022 /PRNewswire/ -- TAL Education Group (NYSE: TAL) ("TAL" or the "Company"), a smart learning solutions provider in China, today announced its unaudited financial results for the first quarter of fiscal year 2023 ended May 31, 2022.
Highlights for the First Quarter of Fiscal Year 2023
- Net revenues was US$224.0 million, compared to net revenues of US$1,384.9 million in the same period of the prior year.
- Loss from operations was US$28.3 million, compared to loss from operations of US$126.9 million in the same period of the prior year.
- Non-GAAP loss from operations, which excluded share-based compensation expenses, was US$1.8 million, compared to non-GAAP loss from operations of US$59.4 million in the same period of the prior year.
- Net loss attributable to TAL was US$43.8 million, compared to net loss attributable to TAL of US$102.1 million in the same period of the prior year.
- Non-GAAP net loss attributable to TAL, which excluded share-based compensation expenses, was US$17.4 million, compared to non-GAAP net loss attributable to TAL of US$34.6 million in the same period of the prior year.
- Basic and diluted net loss per American Depositary Share ("ADS") were both US$0.07. Non-GAAP basic and diluted net loss per ADS, which excluded share-based compensation expenses, were both US$0.03. Three ADSs represent one Class A common share.
- Cash, cash equivalents and short-term investments totaled US$2,892.1 million as of May 31, 2022, compared to US$2,708.7 million as of February 28, 2022.
"Our performance this quarter demonstrates the combined efforts of our experienced management team, innovative employees, and our extensive business partners. In the process of our transformation, we are focused on developing new initiatives that match the mega trends in our industry and the broader ecosystem." said Alex Peng, TAL's President & Chief Financial Officer.
"We believe TAL's trusted brand, operational excellence and pedagogical know-how will position the company for the transformation we are going through." Mr. Peng concluded.
Financial Results for the First Quarter of Fiscal Year 2023
Net Revenues
In the first quarter of fiscal year 2023, TAL reported net revenues of US$224.0 million, representing an 83.8% decrease from US$1,384.9 million in the first quarter of fiscal year 2022.
Operating Costs and Expenses
In the first quarter of fiscal year 2023, operating costs and expenses were US$260.0 million, representing an 82.8% decrease from US$1,515.0 million in the first quarter of fiscal year 2022. Non-GAAP operating costs and expenses, which excluded share-based compensation expenses, were US$233.6 million, representing an 83.9% decrease from US$1,447.6 million in the first quarter of fiscal year 2022.
Cost of revenues decrease by 85.6% to US$88.6 million from US$613.1 million in the first quarter of fiscal year 2022. Non-GAAP cost of revenues, which excluded share-based compensation expenses, decreased by 85.9% to US$86.2 million, from US$612.8 million in the first quarter of fiscal year 2022.
Selling and marketing expenses decreased by 86.1% to US$60.0 million from US$431.3 million in the first quarter of fiscal year 2022. Non-GAAP selling and marketing expenses, which excluded share-based compensation expenses, decreased by 87.2% to US$52.0 million, from US$407.4 million in the first quarter of fiscal year 2022.
General and administrative expenses decreased by 66.3% to US$111.5 million from US$331.1 million in the first quarter of fiscal year 2022. Non-GAAP general and administrative expenses, which excluded share-based compensation expenses, decreased by 66.9% to US$95.4 million, from US$288.0 million in the first quarter of fiscal year 2022.
Total share-based compensation expenses allocated to the related operating costs and expenses decreased by 60.7% to US$26.5 million in the first quarter of fiscal year 2023 from US$67.4 million in the same period of fiscal year 2022.
Impairment loss on intangible assets and goodwill was nil for the first quarter of fiscal year 2023, compared to US$139.4 million for the first quarter of fiscal year 2022.
Gross Profit
Gross profit decreased by 82.4% to US$135.5 million from US$771.8 million in the first quarter of fiscal year 2022.
Loss from Operations
Loss from operations was US$28.3 million in the first quarter of fiscal year 2023, compared to loss from operations of US$126.9 million in the first quarter of fiscal year 2022. Non-GAAP loss from operations, which excluded share-based compensation expenses, was US$1.8 million, compared to Non-GAAP loss from operations of US$59.4 million in the same period of the prior year.
Other Income / (Expense)
Other expense was US$26.8 million for the first quarter of fiscal year 2023, compared to other income of US$38.8 million in the first quarter of fiscal year 2022.
Impairment Loss on Long-term Investments
Impairment loss on long-term investments was nil for the first quarter of fiscal year 2023, compared to US$23.2 million for the first quarter of fiscal year 2022.
Income Tax expense
Income tax expense was US$2.3 million in the first quarter of fiscal year 2023, compared to US$31.2 million of income tax expense in the first quarter of fiscal year 2022.
Net Loss Attributable to TAL Education Group
Net loss attributable to TAL was US$43.8 million in the first quarter of fiscal year 2023, compared to net loss attributable to TAL of US$102.1 million in the first quarter of fiscal year 2022. Non-GAAP net loss attributable to TAL, which excluded share-based compensation expenses, was US$17.4 million, compared to Non-GAAP net loss attributable to TAL of US$34.6 million in the first quarter of fiscal year 2022.
Basic and Diluted Net Loss per ADS
Basic and diluted net loss per ADS were both US$0.07 in the first quarter of fiscal year 2023. Non-GAAP basic and diluted net loss per ADS, which excluded share-based compensation expenses, were both US$0.03, in the first quarter of fiscal year 2023.
Cash, Cash Equivalents, and Short-Term Investments
As of May 31, 2022, the Company had US$1,736.0 million of cash and cash equivalents and US$1,156.1 million of short-term investments, compared to US$1,638.2 million of cash and cash equivalents and US$1,070.5 million of short-term investments as of February 28, 2022.
Deferred Revenue
As of May 31, 2022, the Company's deferred revenue balance was US$227.4 million, compared to US$187.7 million as of February 28, 2022.
Conference Call
The Company will host a conference call and live webcast to discuss its financial results for the first fiscal quarter of fiscal year 2023 ended May 31, 2022 at 8:00 a.m. Eastern Time on July 29, 2022 (8:00 p.m. Beijing time on July 29, 2022).
Please note that you will need to pre-register for conference call participation at https://register.vevent.com/register/BI2f124a2b4d054342a99323e38a074715.
Upon registration, you will receive an email containing participant dial-in numbers and unique Direct Event Passcode. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.
A live and archived webcast of the conference call will be available on the Investor Relations section of TAL's website at https://ir.100tal.com/.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, TAL Education Group's strategic and operational plans contain forward-looking statements. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's ability to continue to provide competitive learning services and products; the Company's ability to continue to recruit, train and retain talents; the Company's ability to improve the content of current course offerings and develop new courses; the Company's ability to maintain and enhance its brand; the Company's ability to maintain and continue to improve its teaching results; and the Company's ability to compete effectively against its competitors. Further information regarding these and other risks is included in the Company's reports filed with, or furnished to the U.S. Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of this press release, and TAL Education Group undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.
About TAL Education Group
TAL Education Group is a smart learning solutions provider in China. The acronym "TAL" stands for "Tomorrow Advancing Life", which reflects our vision to promote top learning opportunities for students through both high-quality teaching and content, as well as leading edge application of technology in the education experience. TAL Education Group offers comprehensive learning services to students from all ages through diversified class formats. Our learning services mainly cover enrichment learnings programs and some academic subjects in and out of China. Our ADSs trade on the New York Stock Exchange under the symbol "TAL".
About Non-GAAP Financial Measures
In evaluating its business, TAL considers and uses the following measures defined as non-GAAP financial measures by the SEC as supplemental metrics to review and assess its operating performance: non-GAAP operating costs and expenses, non-GAAP cost of revenues, non-GAAP selling and marketing expenses, non-GAAP general and administrative expenses, non-GAAP loss from operations, non-GAAP net loss attributable to TAL, non-GAAP basic and non-GAAP diluted net loss per ADS. To present each of these non-GAAP measures, the Company excludes share-based compensation expenses. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of non-GAAP measures to the most comparable GAAP measures" set forth at the end of this release.
TAL believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based expenses that may not be indicative of its operating performance from a cash perspective. TAL believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to TAL's historical performance and liquidity. TAL computes its non-GAAP financial measures using the same consistent method from quarter to quarter and from period to period. TAL believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using non-GAAP measures is that these non-GAAP measures exclude share-based compensation charges that have been and will continue to be for the foreseeable future a significant recurring expense in the Company's business. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.
For further information, please contact:
Jackson Ding
Investor Relations
TAL Education Group
Tel: +86 10 5292 6669-8809
Email: ir@tal.com
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PITTSBURGH, Sept. 13, 2022 /PRNewswire/ -- "I wanted to create a simple product to help clean the skin and clear acne," said an inventor, from Renton, Wash., "so I invented ACNE WIPES. My design could help to leave the skin feeling smooth, clean, fresh, toned and attractive."
The invention provides an effective way to cleanse the skin and kill bacteria. In doing so, it offers a time-saving alternative to traditional skin care routines. It also helps to combat acne issues and it could contribute to a healthier appearance. The invention features an all-natural design that is easy to use so it is ideal for teenagers and individuals with acne. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Seattle sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-FED-2404, 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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ORLANDO, Fla., June 17, 2022 /PRNewswire/ -- SeaWorld Entertainment, Inc. (NYSE: SEAS), a leading theme park and entertainment company, today announced that Michelle "Chelle" F. Adams will assume the role of Chief Financial Officer (CFO) and Treasurer effective today.
Ms. Adams served as the Chief Financial Officer of The Cosmopolitan of Las Vegas where she was responsible for oversight of the company's day-to-day external and internal accounting and reporting functions, driving business transformation and process improvement across the organization, and playing a key role in the successful sale of The Cosmopolitan of Las Vegas last month. Prior to joining The Cosmopolitan of Las Vegas, Adams was the Partner-in-charge of the Hospitality and Gaming Industry Group at RubinBrown LLP and a Manager at Deloitte & Touche LLP.
"We are thrilled to have Chelle join our leadership team. Chelle brings strong finance experience and a long and successful track record as a leader in the leisure and hospitality industries," said Marc Swanson, Chief Executive Officer of SeaWorld Entertainment, Inc.
"I am excited to join Marc, the senior leadership team, and the SeaWorld ambassadors in this executive role," said Adams. "I've been a fan and guest of the SeaWorld family of parks, and an admirer of the business, for many years. SeaWorld is an incredible company with an irreplaceable set of assets, an exceptionally high quality and resilient business model, and an extremely talented group of ambassadors. Together, we will work to continue to improve on our execution of the strategic plan to realize the full potential of this amazing company and significantly increase value for all stakeholders."
Adams continued, "I also want to express how proud I am to join an organization and team that is so committed to the highest standard of animal care and makes enormous and important contributions to conservation, animal rescue, research and education."
Adams replaces Elizabeth Castro Gulacsy, who previously announced her intention to retire from SeaWorld as CFO effective December 31, 2022, or upon the appointment of her successor, if earlier. Elizabeth will continue to remain with the Company for the next several months and then serve in a consulting capacity with the Company for an extended period to ensure a smooth transition.
"On behalf of the Board and the whole company, I want to sincerely thank Elizabeth for her invaluable contributions over the past ten years at SeaWorld," said Scott Ross, Chairman of the Board of SeaWorld Entertainment, Inc. "We are all grateful that the team will continue to benefit from Elizabeth's experience and support over the next several months as she helps transition her responsibilities."
Adams served as the Chief Financial Officer of The Cosmopolitan of Las Vegas since 2015. Prior to this role, she served as the Vice President of Finance and Corporate Controller from May 2014 to May 2015 and the Chief Internal Auditor from August 2012 to April 2014.
Prior to her tenure at The Cosmopolitan of Las Vegas, Adams was with RubinBrown LLP from 2003 to 2012 serving as the Partner-in-charge of the Hospitality and Gaming Industry Group and the Partner-in-charge of Risk Services for the Business Advisory Services Group. She began her public accounting career at Deloitte & Touche in 1998, serving as a staff accountant for Assurance and Advisory Services and a Manager within the Enterprise Risk Services Group.
Adams is a Certified Public Accountant with a Bachelor of Science in Accounting degree from Truman State University.
SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. The Company is one of the world's foremost zoological organizations and a global leader in animal welfare, training, husbandry, and veterinary care. The Company collectively cares for what it believes is one of the largest zoological collections in the world and has helped lead advances in the care of animals. The Company also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned, or abandoned, with the goal of returning them to the wild. The SeaWorld® rescue team has helped more than 40,000 animals in need over the Company's history. SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld®, Busch Gardens®, Aquatica®, Sesame Place® and Sea Rescue®. Over its more than 60-year history, the Company has built a diversified portfolio of 12 destination and regional theme parks that are grouped in key markets across the United States, many of which showcase its one-of-a-kind zoological collection. The Company's theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests.
Copies of this and other news releases as well as additional information about SeaWorld Entertainment, Inc. can be obtained online at www.seaworldentertainment.com. Shareholders and prospective investors can also register to automatically receive the Company's press releases, SEC filings and other notices by e-mail by registering at that website.
In addition to historical information, this press release contains statements relating to future results (including certain projections and business trends) that are "forward-looking statements" within the meaning of the federal securities laws. The Company generally uses the words such as "might," "will," "may," "should," "estimates," "expects," "continues," "contemplates," "anticipates," "projects," "plans," "potential," "predicts," "intends," "believes," "forecasts," "future," "guidance," "targeted," "goal" and variations of such words or similar expressions in this press release and any attachment to identify forward-looking statements. All statements, other than statements of historical facts included in this press release, including statements concerning plans, objectives, goals, expectations, beliefs, business strategies, future events, business conditions, results of operations, financial position, business outlook, earnings guidance, business trends and other information are forward-looking statements. The forward-looking statements are not historical facts, and are based upon current expectations, estimates and projections, and various assumptions, many of which, by their nature, are inherently uncertain and beyond management's control. All expectations, beliefs, estimates and projections are expressed in good faith and the Company believes there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs, estimates and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and other important factors, many of which are beyond management's control, that could cause actual results to differ materially from the forward-looking statements contained in this press release, including among others: COVID-19 or any related mutations and its impact on the Company's business and the economy in general; failure to hire and/or retain employees; factors beyond the Company's control adversely affecting attendance and guest spending at its theme parks, including, but not limited to, weather, natural disasters, foreign exchange rates, consumer confidence, the potential spread of travel-related health concerns including pandemics and epidemics, travel related concerns, and governmental actions; complex federal and state regulations governing the treatment of animals, which can change, and claims and lawsuits by activist groups before government regulators and in the courts; activist and other third-party groups and/or media can pressure governmental agencies, vendors, partners, and/or regulators, bring action in the courts or create negative publicity about us; incidents or adverse publicity concerning the Company's theme parks, the theme park industry and/or zoological facilities; a decline in discretionary consumer spending or consumer confidence; risks affecting the States of Florida, California and Virginia which generate a significant portion of the Company's revenues such as natural disasters, closures due to pandemics, severe weather and travel-related disruptions or incidents; seasonal fluctuations in operating results, inability to compete effectively in the highly competitive theme park industry; interactions between animals and the Company's employees and its guests at attractions at its theme parks, animal exposure to infectious disease; high fixed cost structure of theme park operations; changing consumer tastes and preferences; cyber security risks and failure to maintain the integrity of internal or guest data; technology interruptions or failures that impair access to the Company's websites and/or information technology systems; increased labor costs, including wage increases, and employee health and welfare benefits; inability to grow the business or fund theme park capital expenditures, inability to realize the benefits of developments, restructurings, acquisitions or other strategic initiatives, and the impact of the costs associated with such activities; inability to remediate an identified material weakness on a timely basis; adverse litigation judgments or settlements; inability to protect the Company's intellectual property or the infringement on intellectual property rights of others; the loss of licenses and permits required to exhibit animals or the violation of laws and regulations; unionization activities and/or labor disputes; inability to maintain certain commercial licenses; restrictions in its debt agreements limiting flexibility in operating the business; inability to retain the Company's current credit ratings; the Company's leverage; inadequate insurance coverage; inability to purchase or contract with third party manufacturers for rides and attractions or construction delays; environmental regulations, expenditures and liabilities; suspension or termination of any of the Company's business licenses, including by legislation at federal, state or local levels; delays, restrictions or inability to obtain or maintain permits; financial distress of strategic partners or other counterparties; tariffs or other trade restrictions; actions of activist stockholders; the ability of Hill Path Capital LP and its affiliates to significantly influence its decisions; the policies of the U.S. President and his administration or any change to tax laws; changes in the method for determining LIBOR and the potential replacement of LIBOR may affect its cost of capital; mandates related to COVID-19 vaccinations for employees; changes or declines in its stock price, as well as the risk that securities analysts could downgrade the Company's stock or its sector; risks associated with the Company's capital allocation plans and share repurchases, including the risk that its share repurchase program could increase volatility and fail to enhance stockholder value and other risks, uncertainties and factors set forth in the section entitled "Risk Factors" in the Company's most recently available Annual Report on Form 10-K, as such risks, uncertainties and factors may be updated in the Company's periodic filings with the Securities and Exchange Commission ("SEC"). Although the Company believes that these statements are based upon reasonable assumptions, it cannot guarantee future results and readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date of this press release. There can be no assurance that (i) the Company has correctly measured or identified all of the factors affecting its business or the extent of these factors' likely impact, (ii) the available information with respect to these factors on which such analysis is based is complete or accurate, (iii) such analysis is correct or (iv) the Company's strategy, which is based in part on this analysis, will be successful. Except as required by law, the Company undertakes no obligation to update or revise forward-looking statements to reflect new information or events or circumstances that occur after the date of this press release or to reflect the occurrence of unanticipated events or otherwise. Readers are advised to review the Company's filings with the SEC (which are available from the SEC's EDGAR database at www.sec.gov and via the Company's website at www.seaworldinvestors.com).
CONTACT:
Investor Relations:
Matthew Stroud
Investor Relations
855-797-8625
Investors@SeaWorld.com
Media:
Lisa Cradit
SVP – Head of Communications
(646) 245-2476
Lisa.cradit@seaworld.com
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SOURCE SeaWorld Entertainment, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/17/seaworld-entertainment-inc-appoints-michelle-f-adams-chief-financial-officer-treasurer/ | 2022-06-17T13:04:43Z |
Patrick Lyoya shooting witness: ‘I knew it wasn’t gonna end well’
By Omar Jimenez and Steve Almasy, CNN
A man who witnessed the struggle between Patrick Lyoya and the Grand Rapids police officer who fatally shot him told CNN on Friday he knew the incident wouldn’t end well.
“I knew when the tussle began,” Wayne Butler said. “If you tussle with a White man with a gun, and you’re Black in America, you end up dead. That was my thing. I know that to be a fact. You don’t tussle with White people because they’ll kill you.”
Lyoya was fatally shot April 4 in the Michigan city after he and the officer — who has not been identified — had a physical encounter. Lyoya’s family has called for the officer to be prosecuted; the officer is on paid leave while Michigan State Police conduct an investigation.
Butler, was outside his home watching the scene unfold and can be seen with his identity blurred on some of the videos released by police.
“It’s just a regular, regular neighborhood. I mean it’s not super fancy, we’re just regular folk,” said Butler, who has lived there a few years.
He said he understands why Lyoya got out of his vehicle and didn’t get back in when the officer told him to return to the vehicle.
“I don’t condone it, but I do understand how someone can feel scared and not understand and be confused,” said Butler. “He made a mistake. And for his mistake he paid with his life.”
Authorities have said the officer pulled the car driven by Lyoya over for improper registration. Videos released to the public show Lyoya get out of the car and have a brief discussion with the officer. Lyoya opens the driver’s side front door and speaks to an unidentified passenger in the car. He then shuts his door, turns his back to the officer and appears to walk toward the front of the car, according to video footage.
The encounter then turned physical.
“I knew it wasn’t gonna end well,” said Butler.
The officer apparently deployed his Taser twice during the struggle and at points during the incident Lyoya put his hands on the Taser, the video shows.
“It looks like they each had a hand on the Taser for about 90 seconds, each had a hand,” Grand Rapids Police Chief Eric Winstrom told reporters Wednesday. “They were struggling over the Taser from my view of the video.”
The officer can also be heard saying, “Let go of the Taser” several times during the videos released to the public.
Father says ‘My life has come to an end’
Joined by attorney Benjamin Crump, Lyoya’s family spoke Thursday to reporters, his father saying he thought he’d be safe during police encounters in the US.
“What is making me cry more is to see my son killed by a police officer for a small, small mistake,” Peter Lyoya said through an interpreter. “My life has come to an end.”
Patrick’s mother said she’s “deeply hurt and wounded” and cannot stop herself from crying.
The Lyoya family moved from the Democratic Republic of Congo to the United States in 2014.
“When we run away from war in the [Democratic Republic of the Congo], I thought that I came to a safe land,” Dorcas Lyoya said through an interpreter. “And now, I’m surprised and astonished to see that my son is shot here. That is my beloved son, and you know how you love your firstborn son.”
At the news conference, Crump said the officer should have de-escalated the situation.
“This video was very difficult to watch, because what you see in that video is an unnecessary and unjustifiable excessive use of force,” Crump said Thursday.
“This officer failed to follow the basic training. When the officer engages Patrick he goes and puts his hands on him, and when Patrick goes to walk away he could’ve just stepped back and called for backup,” Crump said. “When you look at him escalating the situation, [the officer] was the one being violent.”
Later he told CNN; “This was a person who could have called for backup. It was a traffic stop. He had the car there. He had a passenger in the car. Patrick was in flip-flops when he was killed. You could see he was barefooted.”
Police have said backup was dispatched when the officer began to chase Lyoya.
When asked Wednesday by CNN what police officers are trained to do in these situations, the chief said: “Typically the answer is that you’re trying to place him in custody. … You’re trying to secure that individual.
“The follow-up question I’m sure will be, was the use of force in policy, and I’m not going to comment on that. But the test is going to be whether, in the view of a reasonable police officer, whether that deadly force was needed to prevent death or great bodily harm to that officer.”
Officer shot Lyoya in the head, police chief says
The incident began just after 8 a.m. CT on April 4, when a police officer pulled over a vehicle for improper registration, authorities said.
Grand Rapids police released several forms of video footage capturing the approximately two minute and 40 second interaction, which begins with the officer walking toward the car. Lyoya is seen exiting the vehicle and is instructed by the officer to get back in the car and asks him if he has a driver’s license and whether he speaks English, the video shows.
Lyoya confirms he speaks English and says his license is in the car. He opens the driver’s side front door and speaks to an unidentified passenger in the car. He then shuts his door, turns his back to the officer and appears to walk toward the front of the car, according to video footage.
“No, no, no, stop, stop,” the officer is heard saying. He then puts his hands on Lyoya’s shoulder and back. Lyoya is seen resisting the officer’s touch and quickly backs away from the officer, running away from him before the officer tackles him to the ground and tells Lyoya to “stop resisting.”
The video shows Lyoya getting up and standing, the officer drawing and then deploying a Taser.
“Let go of the Taser,” the officer is heard saying on his bodycam video.
At this point, the officer’s body worn camera was deactivated. Winstrom said it takes pushing a button for three seconds to turn off the body camera, and he thought pressure from Lyoya’s body caused the deactivation.
Another angle of the incident, taken from a neighborhood home surveillance camera, captures the rest of the altercation. The officer is heard shooting Lyoya, according to audio from the video. The cellphone video also shows the fatal shot.
Lyoya was shot in the head, Winstrom said.
Patrick’s father described his son as “nonviolent” and said he felt the officer was the one being aggressive. He also said during the event he has the right to know the name of the person who killed his son and what his history is.
Winstrom said Wednesday the officer involved in the shooting will not be identified publicly unless there are criminal charges. The officer, who has been with the department for seven years, is on paid leave and his police powers were suspended, Winstrom said.
There have been multiple protests and rallies on behalf of Lyoya. On Wednesday evening, hundreds of people called for justice as they rallied outside police headquarters.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Omar Jimenez reported from Grand Rapids and Steve Almasy wrote in Atlanta. Hannah Sarisohn, Emma Tucker, Elizabeth Joseph, and Tiffany Anthony contributed to this report. | https://localnews8.com/news/national-world/cnn-national/2022/04/15/patrick-lyoya-shooting-witness-i-knew-it-wasnt-gonna-end-well/ | 2022-04-16T02:52:07Z |
FORT WORTH (KDAF) — Sainty Nelsen is a Fort Worth-based three-time Emmy-award-winning producer and actress.
Nelsen has worked her way around Hollywood, producing and acting in television shows like The Bay, Trolls: The Beat Goes On! and The Boss Baby: Back In Business.
She has a new documentary coming out called Broadway Rising where she worked as a co-executive producer. The film follows the complex road to reopening Broadway, chronicling the hundreds of restaurant owners and staff, costume houses, designers and more.
Sainty joined Inside DFW to talk more about her film. | https://cw33.com/news/inside-dfw/fort-worths-sainty-nelsens-journey-to-broadway-hollywood-back-home-plus-new-documentary-broadway-rising/ | 2022-06-13T18:07:39Z |
SRQ’s June passenger totals see a slight dip compared to 2021
SARASOTA, Fla. (WWSB) - Flying in and out of Sarasota Bradenton International Airport may seem a little less crowded this summer, the latest data shows.
The airport saw a 7.8% dip in passengers in June, compared to the same time a year ago, according to Rick Piccolo, the airport’s president and CEO.
“We are starting to see a slight dip in the number of flights scheduled for our summer months,” he said. “However, the aircraft servicing our airport is operating with much higher passenger loads than last year. This follows a nationwide trend of flight reductions due to much higher fuel prices, airline staffing shortages, and fears of a recession.”
“We’re OK with what we’re seeing. The flights are full; there seems to be a lot of people still flying right now.” he told ABC7 on Monday.
In June, 288,420 passengers traveled through the airport. But for the year, passenger traffic is up 43% over 2021, Piccolo said.
And even with a slight dip in flights and passengers this summer, “We expect to end our fiscal year on September 30th with a new record of over 3.5 million passengers,” he said.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/18/srqs-june-passenger-totals-see-slight-dip-compared-2021/ | 2022-07-18T19:09:46Z |
UNIVERSITY, Miss. — The University of Mississippi announced students named to its Honor Roll lists. The following students were named to the Chancellor’s Honor Roll, which is reserved for students who earn a semester GPA of 3.75-4.00:
♦ Sofie Davis of Dawson;
♦ Brooks Custer of Albany;
♦ Makenzie Muliford of Leesburg.
The University of Mississippi, affectionately known as Ole Miss, is the state’s flagship university. Included in the elite group of R1: Doctoral Universities — Highest Research Activity by the Carnegie Classification, it has a long history of producing leaders in public service, academics and business.
Leesburg student named to Tallahassee CC President’s List
TALLAHASSEE, Fla. — Matthew Cooper of Leesburg was named to Tallahassee Community College President’s List.
Tallahassee Community College is consistently ranked as one of the top community colleges in the nation. TCC has a wide range of educational pathways for students from all walks of life.
Area students among Georgia State University graduates
ATLANTA — More than 3,000 students graduated from Georgia State University during the fall 2021 semester at the associate’s, bachelor’s, master’s, specialist and doctoral levels.
Graduates from your area include:
♦ Alysia Threatts of Pelham, Bachelor of Business Administration degree, majoring in Managerial Sciences;
♦ Cleatus Hopkins of Albany, Master of Science degree in Sport Administration;
♦ Christian Moore of Leesburg, Master of Arts degree, majoring in Creative & Innovative Education;
♦ Dawnsheska Seymore of Albany, Master of Public Health degree, majoring in Public Health with a concentration in Epidemiology;
♦ Jessica Burnett of Albany, Associate of Science degree, with studies in Business Administration;
♦ Maggie Phipps of Albany, Master of Arts In Teaching degree in English Education;
♦ Nigel Walton of Albany, Bachelor of Science degree, majoring in Public Policy.
Georgia State University, an enterprising urban public research university, is a national leader in graduating students from widely diverse backgrounds.
Southwest Georgia students earn honors at Georgia Tech
ATLANTA — The following students have earned the distinction of Dean’s List recognition at the Georgia Institute of Technology. This designation is awarded to undergraduate students who have earned a 3.0 or higher academic average for the semester.
♦ Gavin Baker of Leesburg;
♦ Justin Creamer of Leesburg;
♦ Cameron Heard of Albany;
♦ Anna Johnson of Albany;
♦ Robert Manville of Albany;
♦ Chiagoziem Ohamadike of Leesburg;
♦ Rishi Patel of Dawson;
♦ Ansley Reich of Albany.
The following students earned the distinction of Faculty Honors at the Georgia Institute of Technology. This designation is awarded to undergraduate students who have earned a 4.0 academic average for the semester:
♦ Garrett Botkin of Leesburg;
♦ Matthew King of Ty Ty;
♦ Maggie Nguyen of Leesburg;
♦ Dhavan Patel of Albany.
The Georgia Institute of Technology, or Georgia Tech, is a top 10 public research university developing leaders who advance technology and improve the human condition.
Students earn degrees at Valdosta State University
VALDOSTA — Valdosta State University announced the members of its graduating class recently. This includes the following area residents:
♦ Zandria Appling of Albany earned a Bachelor of Science in Organizational Leadership;
♦ Ivie Aycock of Warwick earned a Master of Accountancy;
♦ Emily Bailey of Camilla earned a Master of Education in Communication Disorders;
♦ Jacob Baker of Leesburg earned a Bachelor of Fine Arts in Communication;
♦ Martraze Battle of Pelham earned a Bachelor of Arts in Interdisciplinary Studies;
♦ Beverly Burthold of Camilla earned a Master of Business Administration;
♦ Autumn Cason of Newton earned a Master of Business Administration;
♦ Ajayla Deriso of Albany earned a Bachelor of Science in Organizational Leadership;
♦ Amanda Duke of Ty Ty earned a Bachelor of Science in Psychology;
♦ Ashlie Evans of Ty Ty earned a Bachelor of Business Administration in Management;
♦ Ashley Griner of Camilla earned a Education Specialist in Special Education;
♦ Robin Holliday of Albany earned a Bachelor of Science in Education in Workforce Education and Development;
♦ Sydney Jackson of Albany earned a Bachelor of Science in Biology;
♦ Dustin Lewis of Leesburg earned a Bachelor of Arts in Psychology;
♦ Lila Maloy of Pelham earned a Bachelor of Science in Health Science;
♦ Justin McManamey of Albany earned a Bachelor of Arts in English;
♦ Matthew Mitchell of Leesburg earned a Master of Accountancy;
♦ Crystin Thompson of Poulan earned a Bachelor of Business Administration in Accounting.
“I am incredibly proud of our graduates for having the dedication to overcome countless obstacles, including this ongoing global health crisis, and to finish strong and reach this significant milestone,” VSU President Richard A. Carvajal said. “I am similarly so proud of the world-class faculty and staff who supported these students through life-changing teaching, mentoring, advising, research, community engagement opportunities, and much more on their journey to this special day.”
Established in 1906, Valdosta State University is a premier comprehensive university that offers both the extensive academic, cultural, and social opportunities of a major university and the small classes and close, personal attention of smaller institutions.
Lee student receives Southern New Hampshire honors
MANCHESTER, N.H. — Luis Carmenaty of Leesburg has been named to Southern New Hampshire University’s Dean’s List.
Full-time undergraduate students who have earned a minimum grade-point average of 3.500 to 3.699 are named to the Dean’s List.
Southern New Hampshire University is a private, nonprofit institution with an 89-year history of educating traditional-aged students and working adults. | https://www.albanyherald.com/news/southwest-georgia-students-earn-honors-degrees/article_c4362aa8-b746-11ec-b04e-5ff2769af98c.html | 2022-04-10T22:00:02Z |
SAN FRANCISCO , April 22, 2022 /PRNewswire/ -- Hagens Berman urges Li-Cycle Holdings Corp. (NYSE: LICY) investors with significant losses to submit your losses now.
Class Period: Feb. 16, 2021 – Mar. 23, 2022
Lead Plaintiff Deadline: June 20, 2022
Visit: www.hbsslaw.com/investor-fraud/LICY
Contact An Attorney Now: LICY@hbsslaw.com
844-916-0895
Li-Cycle Holdings Corp. (NYSE: LICY) Securities Fraud Class Action:
Li-Cycle has assured investors that its SPAC merger with Peridot in Aug. 2021 would enable it to "fully fund" its growth plans and has touted its "robust customer network" as supportive of 2021 – 2025 cumulative $985 million EBITDA (inclusive of off-take agreements with Traxys North America, which would generate $300 million/year of revenue).
The complaint alleges Defendants made misleading statements or failed to disclose: (1) Traxys, Li-Cycle's largest "customer" is merely a broker that tries to sell Li-Cycle's product to end customers; (2) Li-Cycle engaged in highly questionable related party transactions; (3) Li-Cycle's mark-to-model accounting gave a false impression of growth; (4) a significant portion of the Company's revenues were derived from simply marking up receivables on products that had not been sold; (5) Li-Cycle's gross margins have likely been negative since inception; and, (6) the Company will likely require an additional $1 billion of funding to support its planned growth.
According to the complaint, Defendants' statements were brought into question when Blue Orca Capital published a scathing report on Mar. 24, 2022, likening Li-Cycle's accounting to Enron's and concluding Li-Cycle improperly recognized up to 45% of the Company's recent reported quarterly revenues because they were derived from inflating receivables for unsold products. Blue Orca observed that Traxys isn't really a customer, the Company's cash burn requires about $1 billion additional funding, and the Company diverted $529,902 to its founders' family through questionable related party transactions.
"We're focused on investors' losses and proving Li-Cycle cooked its books," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Li-Cycle and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding Li-Cycle should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email mailto:LICY@hbsslaw.com.
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
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SOURCE Hagens Berman Sobol Shapiro LLP | https://www.wibw.com/prnewswire/2022/04/22/hagens-berman-national-trial-attorneys-encourages-li-cycle-holdings-corp-licy-investors-with-significant-losses-contact-firms-attorneys-securities-fraud-case-filed/ | 2022-04-22T14:49:14Z |
Accomplished fintech leader brings additional private-market knowledge, experience
OVERLAND PARK, Kan., April 12, 2022 /PRNewswire/ -- Realto Inc., operator of the first fully-automated, web-based marketplace for the secondary trading of illiquid real estate and alternative securities, announces the appointment of leading financial technology executive and advisor Annemarie Tierney to its board.
Adding Ms. Tierney to the board is an important move as the company seeks to expand its product offerings following its initial success in the trading of publicly registered non-listed securities.
CEO Brian King said "We're thrilled to welcome Annemarie to the board and look forward to the impact of her vast industry knowledge and experience. Her familiarity with private markets and understanding of how to build such businesses will serve Realto and its customers well."
Ms. Tierney is Founder and Principal at Liquid Advisors and was previously Executive Vice President – Legal and General Counsel at SecondMarket Holdings, Inc., and Vice-President - Head of Strategy and New Markets at Nasdaq Private Market. At SecondMarket, she worked alongside Realto Chief Operating Officer Jeremy Smith, who served as Chief Strategy Officer of that company.
She remained with Nasdaq until 2018 when she joined Templum Inc. as Chief Strategy Officer and General Counsel. She departed in 2019 to form Liquid Advisors, providing strategic advisory services to a range of financial services companies, including digital asset firms.
Ms. Tierney said, "I am honored and delighted to join the Realto Board and look forward to helping the team continue their impressive momentum in the alternative asset space."
ABOUT REALTO
Based in Overland Park, Kan., Realto Securities, LLC (a wholly owned subsidiary of Realto, Inc.) is a FINRA-registered broker-dealer that offers an innovative, customer-centric, and transparent market, dedicated to providing investors with the ability to trade traditionally illiquid real estate and alternative securities. For more information, please visit Realto and follow the company on Twitter and LinkedIn.
Realto Media Contact:
Randy Williams
randy@eph2comms.com
+1.917.213.5980
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SOURCE Realto Inc. | https://www.kxii.com/prnewswire/2022/04/12/realto-names-annemarie-tierney-board/ | 2022-04-12T16:46:05Z |
SALT LAKE CITY, April 11, 2022 /PRNewswire/ -- Recursion (NASDAQ: RXRX), the clinical-stage biotechnology company industrializing drug discovery by decoding biology, today announced that the U.S. Food and Drug Administration (FDA) has granted the company Fast Track designation for REC-4881 for the potential treatment of familial adenomatous polyposis (FAP) in patients who have previously undergone a colectomy/proctocolectomy. REC-4881 is an orally bioavailable, non-ATP-competitive allosteric small molecule inhibitor of MEK1 and MEK2 being developed to reduce polyp burden and progression to adenocarcinoma in FAP patients.
"The Fast Track designation for REC-4881 is an important addition to our work to rapidly develop this potential medicine to treat patients with FAP, for which there is significant unmet need," said Recursion Chief Medical Officer Ramona Doyle, M.D. "I am pleased that the team continues to advance this drug candidate towards a Phase 2 study to evaluate safety, pharmacokinetics and efficacy in FAP patients, for which we expect to begin enrolling patients in the third quarter of this year."
The FDA's Fast Track designation was established to expedite the review of investigational drugs to treat serious conditions and address unmet medical needs by enabling important drugs to get to patients earlier if approved. Fast Track designation can lead to more frequent interactions with the FDA, as well as Accelerated Approval and/or Priority Review eligibility if certain criteria are met.
Learn more about Recursion and view its pipeline at Recursion.com/pipeline.
REC-4881 is an orally bioavailable, non-ATP-competitive allosteric small molecule inhibitor of MEK1 and MEK2 being developed to reduce polyp burden and progression to adenocarcinoma in FAP patients. REC-4881 has been well tolerated in prior clinical studies, consistent with the intended use, and has a gut-localized PK-profile that may be advantageous for FAP, and potentially other APC-driven gastrointestinal tumors. REC-4881 has been granted Orphan Drug designation for FAP by the FDA. We expect to enroll the first patient in a Phase 2, double-blind, randomized, placebo-controlled basket trial in the third quarter of 2022.
FAP is a rare tumor syndrome with no approved therapies. In the US, France, Germany, Italy, Spain and the UK alone the disease affects approximately 50,000 patients. FAP is caused by autosomal dominant inactivating mutations in the tumor suppressor gene APC. FAP patients develop polyps in the gastrointestinal tract throughout their lives. These growths have a high risk of malignant transformation and can give rise to invasive cancers of the colon, stomach, duodenum, rectum, and other tissues. Standard of care for patients with FAP is colectomy, and without surgical intervention, affected patients will progress to colorectal cancer in adulthood. Even after colectomy, patients receive endoscopic surveillance every 6-12 months to monitor disease progression. While surgical management and surveillance have improved the prognosis for FAP patients, duodenal and desmoid tumors remain major causes of death following colectomy in patients with FAP.
Recursion is the clinical-stage biotechnology company industrializing drug discovery by decoding biology. Enabling its mission is the Recursion Operating System, a platform built across diverse technologies that continuously expands one of the world's largest proprietary biological and chemical datasets, the Recursion Data Universe. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset the Recursion Map, a collection of hundreds of billions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology and chemistry to advance the future of medicine.
The Company is proudly headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in Toronto, Montréal and the San Francisco Bay Area. Learn more at www.Recursion.com, or connect on Twitter and LinkedIn.
This press release contains information that includes or is based upon "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995. Forward-looking statements provide our expectations or forecasts regarding future events. You can identify these statements by the fact they do not relate strictly to historical or current facts. They may use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other terms of similar meaning in connection with a discussion of future operating or financial performance. In particular, forward-looking statements include statements relating to intended future actions; plans with respect to clinical trials and preclinical activities; prospective products or product approvals; future performance or results of anticipated products or technology; expenses; our ability to obtain, maintain and enforce intellectual property protections; and financial results, in addition to other topics. Any or all of our forward-looking statements here and elsewhere may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements and from expected or historical results. Many such factors will be important in determining our actual future results. Consequently, no forward-looking statement can be guaranteed. In particular, you should read the discussion in the "Risk Factors" section in our Prospectus filed with the U.S. Securities and Exchange Commission (SEC) on April 16, 2021 as well as in our Form 10-K filed with the SEC on March 23, 2022 and our other periodic filings with the SEC. Other factors besides those listed could also adversely affect the company. We undertake no obligation to correct or update any forward-looking statements, whether as a result of new information, future developments or otherwise, except to the extent required by applicable law. These forward-looking statements (except as may be otherwise noted) speak only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. You are advised to consult any further disclosures we make on related subjects in our reports to the SEC.
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SOURCE Recursion | https://www.wibw.com/prnewswire/2022/04/11/recursion-is-granted-fast-track-designation-rec-4881-potential-treatment-familial-adenomatous-polyposis/ | 2022-04-11T12:30:13Z |
Emporia man behind bars after car wrecked during police chase
EMPORIA, Kan. (WIBW) - An Emporia man is behind bars after he wrecked his vehicle in a police chase on Monday and ran from the scene, he was not found until Wednesday.
Just before 9:20 p.m. on Monday, May 23, the Lyon Co. Sheriff’s Office says deputies were called to the 300 block of Road 200 with reports of a suspicious Nissan Altima parked in the roadway.
Deputies said they were able to find the vehicle traveling north in the 2000 block of Road C when they attempted to perform a traffic stop. However, the driver, later identified as Michael Chase, 36, of Emporia, failed to yield and initiated a police chase.
Eventually, deputies said Chase wrecked the Altima in the 3300 block of Road D and ran from the scene.
With the help of Reading First Responders, the Kansas Highway Patrol, and Morris Co. Sheriff’s Office, deputies said a manhunt was started in the area, however, Chase was not found.
Around 8 a.m. on Wednesday, deputies said they were called to the area of Road G and Road 310 with another report of a suspicious person. When they arrived, they said they found Chase who was believed to be the driver in the pursuit.
Chase was arrested and booked into the Lyon Co. Detention Center for Felony Flee and Elude, Leaving the Scene of an Accident, and various traffic infractions.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/26/emporia-man-behind-bars-after-car-wrecked-during-police-chase/ | 2022-05-27T00:02:10Z |
HOUSTON, June 9, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") announced today that it has priced $600 million aggregate principal amount of its 7.500% senior unsecured notes due 2030 (the "notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The sale of the notes is expected to close on June 24, 2022, subject to customary closing conditions.
On June 9, 2022, the Company delivered a redemption notice with respect to all $460.2 million of its outstanding 6.125% Senior Notes due 2024 (the "2024 Notes") and all $319.7 million of its outstanding 9.00% Second Lien Senior Secured Notes due 2025 (the "Second Lien Notes"). The net proceeds from the offering, along with borrowings under the senior secured revolving credit facility, are expected to be used to redeem all of the 2024 Notes and all of the Second Lien Notes. The 2024 Notes and the Second Lien Notes will be redeemable on July 9, 2022, which redemptions will settle on Monday, July 11, 2022. This announcement is not an offer to purchase or a solicitation of an offer to sell the 2024 Notes or the Second Lien Notes, and it does not constitute a notice of redemption of the 2024 Notes or the Second Lien Notes.
The notes and the related guarantees to be offered have not been registered under the Securities Act or any state securities laws and unless so registered, the notes and the related guarantees may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes and the related guarantees are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act.
This press release is being issued pursuant to Rule 135(c) under the Securities Act, and is neither an offer to sell nor a solicitation of an offer to buy the notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the notes and the related guarantees or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.
Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include all statements including the words "believe," "expect," "may," "will," "forecast," "outlook," "assume," "plans" and words of similar meaning. These statements reflect the Company's current views with respect to future events and financial performance based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. No assurances can be given, however, as of this date, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain factors. Any forward-looking statement speaks only as of the date of which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. These statements are subject to a number of known and unknown risks and uncertainties, which may cause the Company's actual results and performance to be materially different from any future results or performance expressed or implied by the forward-looking statements including risks more fully discussed in our filings with the Securities and Exchange Commission (the "SEC"), including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, available on our website or the SEC's website at www.sec.gov.
For further information contact:
Kevin Smith
Director of Investor Relations
Callon Petroleum Company
ir@callon.com
(281) 589-5200
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SOURCE Callon Petroleum Company | https://www.mysuncoast.com/prnewswire/2022/06/09/callon-petroleum-company-announces-pricing-600-million-senior-unsecured-notes-offering/ | 2022-06-09T21:47:08Z |
Berkshire Hills Reports 19% Increase in Quarterly Earnings Per Share
Published: Jul. 20, 2022 at 6:30 AM CDT|Updated: 59 minutes ago
BOSTON, July 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that second quarter 2022 earnings per share (EPS) increased by 19% to $0.50 from $0.42 in the prior quarter. The non-GAAP measure of adjusted EPS also increased by 19% to $0.51 from $0.43. The improvement was due to loan growth and higher asset yields, while funding and operating costs were essentially flat. Compared to the second quarter of 2021, EPS improved by 16% and adjusted EPS increased by 17%.
SECOND QUARTER FINANCIAL HIGHLIGHTS (Changes are quarter-over-quarter unless otherwise stated. Non-GAAP measures are reconciled on pages F-9 and F-10).
19% increase in GAAP EPS
Broad-based increase in total loans compared to first quarter, measuring 7% based on both end-of-period and average balances
3.11% net interest margin, increased from 2.61% in the prior quarter
9% increase in total net revenue
Flat non-interest expense (stable over last five quarters)
$100 million investment grade subordinated debt issuance - first Sustainability Bond issued by a U.S. community bank
9% reduction in period-end shares outstanding year-over-year reflecting stock buybacks
CEO Nitin Mhatre stated "Berkshire's bankers continue to make rapid progress towards delivering on our vision to become a high-performing, socially responsible community bank in New England and beyond. Through their efforts, we generated strong growth in balances across all major loan categories. Deposit and wealth management fee revenues were the highest in five quarters."
"Our strong balance sheet management discipline, coupled with growth in high-quality loan originations, drove a substantial increase in our net interest margin and net interest income. Non-interest expense was stable, with the result that higher revenues have led to improved bottom line profitability and a 19% increase in earnings per share."
Mr. Mhatre concluded, "At quarter-end we completed the first sustainable bond issuance by a U.S. community bank, which will support environmental and social projects in our communities based on our Sustainable Financing Framework. We're pleased with the strong response from investors and that the issuance was supported by an investment grade rating from Moody's Investors Service, which acknowledged our strong financial condition, improving performance, and conservative risk management. I continue to be proud of all our employees as we successfully executed the first year of our BEST strategic transformation plan on target and with continued momentum towards exceeding the plan's objectives."
RESULTS OF OPERATIONS
Earnings: Strong second quarter 2022 results were driven by robust loan growth, increased asset yields, stable funding costs, continued expense discipline and improved credit performance. The 19% sequential increase in quarterly EPS reflected positive operating leverage from 9% revenue growth and stable expenses. EPS similarly increased by 16% on a year-over-year basis, and included the benefit of share repurchases. In the most recent quarter, the Company recorded an 8.3% return on tangible common equity and a 0.82% return on assets. The Company also utilizes the financial measure of Pre-tax Pre-Provision Net Revenue ("PPNR") to evaluate the results of operations before the impact of the provision and tax expense. PPNR measured $29 million in the most recent quarter, increasing sequentially by 38% and year-over-year by 2%.
Revenue: Second quarter net interest income increased by 18% compared to the prior quarter and by 8% compared to the prior year. The sequential quarter growth was driven by an increase in the net interest margin to 3.11% from 2.61%, which reflected the benefit of Berkshire's positive interest rate sensitivity in the rising interest rate environment. It also benefited from a balance sheet mix shift, as 7% growth in average loans was funded by lower yielding cash and securities. Reflecting increases in the Prime and LIBOR index rates for variable rate loans, the loan yield increased quarter-over-quarter to 3.99% from 3.61%. The yield on average earning assets improved to 3.34% from 2.82%.
The cost of funds increased to 0.24% from 0.23%, while the cost of deposits was unchanged at 0.17% compared to the prior quarter. The Company's interest rate sensitivity remained positive at midyear 2022 and was positioned to benefit from further interest rate increases anticipated by the market in the second half of the year.
Non-interest income excluding securities gains and losses decreased by 19% quarter-over-quarter and 23% year-over-year. Excluding insurance operations sold in the third quarter of 2021, the year-over-year decrease measured 14%. Loan related fees were impacted by lower commercial loan interest rate swap revenue and adjustments on fair valued financial instruments in the rising rate environment. Deposit and wealth management fees increased for these periods, reflecting solid ongoing growth.
Provision for Credit Losses on Loans:Berkshire recorded no provision for credit losses in the second quarter of 2022 and 2021. The Company recorded a $4 million benefit in the first quarter of 2022. The Company continues to maintain strong credit quality, and the allowance for credit losses on loans was unchanged at $99 million compared to the linked quarter.
Non-Interest Expense:Berkshire has maintained non-interest expense generally stable over the last five quarters. Berkshire's strategy to self-fund its BEST plan continues to be driven by investments in bankers and technology funded by cost saves from branch sales, consolidations, sale of insurance operations and other optimization initiatives. The second quarter efficiency ratio improved sequentially to 66.6% from 72.6%. Full time equivalent staff totaled 1,322 positions at period-end, compared to 1,319 positions at the start of the year. The effective tax rate was 21% in the most recent quarter, which was an increase from 20% for the year 2021, reflecting the increase in pre-tax profitability for the year-to-date.
BALANCE SHEET (references are to period-end balances unless otherwise stated)
Summary: Short-term and long-term investments were used to fund a $0.5 billion increase in loans, with growth in all major categories. Liquidity and capital remained strong, with loans/deposits measuring 77% at midyear and tangible common equity/tangible assets measuring 8.5%. The common equity tier 1 capital ratio measured 12.9% at that date.
Loans: Total loans increased by 7% quarter-over-quarter and by 8% year-over-year due primarily to growth in commercial loans and residential mortgages. The Company's expansion of its lending teams in the second half of 2021 has contributed to increased loan originations. Business volumes have also benefited from strong market demand, and prepayments have declined in the prevailing rising rate environment.
Asset Quality: Asset quality metrics remained favorable and improving in the second quarter. Non-accruing loans decreased by 9%, measuring 0.34% of period-end total loans. Annualized net loan charge-offs measured 0.02% of average loans. Accruing delinquent loans measured 0.55% of total loans, compared to 0.63% at the start of the year. The ratio of the allowance for loan credit losses to total loans decreased quarter-over-quarter to 1.27% from 1.37% and from 1.65% at midyear 2021.
Deposits and Borrowings: Total deposits decreased by 5% quarter-over-quarter and increased by 2% year-over-year. Excluding changes in overnight payroll deposits and planned reductions in brokered deposits, total deposits decreased by 1% both quarter-over-quarter and year-over-year, which included the impact of increased customer spending. The cost of deposits was unchanged at 0.17% quarter-over-quarter. Total borrowings increased during the quarter primarily due to the subordinated debt issuance.
Equity: The $80 million, or 7%, quarter-over-quarter decrease in shareholders' equity included a $45 net decrease due to after-tax unrealized bond losses caused by rising interest rates. Stock buybacks in the most recent quarter totaled $55 million consisting of 2.1 million shares. At midyear, book value per share totaled $22.15 and tangible book value per share totaled $21.56.
SUSTAINABLE BOND ISSUANCE
On June 30, 2022, Berkshire completed the sale at par of $100 million in subordinated notes bearing interest at a fixed rate of 5.5% for the first five years. The notes will then reset quarterly to a floating rate per annum equal to a benchmark rate that is expected to be the Three-Month Term SOFR plus 249 basis points. The notes have a ten year final maturity and generally may be called at par after five years. The Company has existing subordinated notes bearing interest at 6.875% which are callable at par beginning on September 28, 2022.
Berkshire is the first public U.S. community bank holding company with under $150 billion in total assets to issue a Sustainability Bond. The Company intends to use an amount equal to the net proceeds of its sustainable bond issuance to finance or refinance new or existing social and environmental projects consistent with its Sustainable Financing Framework. Sustainalytics, a Morningstar Company, and the global leader in high-quality ESG research, ratings, and data, has independently verified that Berkshire's Sustainable Financing Framework "is credible and impactful and in alignment with" International Capital Market Association (ICMA) guidelines and principles.
MOODY'S RATINGS
Moody's Ratings: Moody's Investors Service ("Moody's"), in a report dated June 21, 2022, assigned Berkshire and Berkshire Bank (the "Bank") first time ratings. Moody's assigned the Bank a long-term deposit rating of "A3". In addition, Moody's assigned the Bank and the Company an investment grade long-term issuer rating of "Baa3". The rating outlooks are "Positive" for both the Company and the Bank. On July 6, 2022, Moody's assigned a "Baa3" rating to the subordinated debt issued by Berkshire.
ESG & CORPORATE RESPONSIBILITY UPDATE
Berkshire Bank is committed to purpose-driven, community-centered banking that enhances value for all stakeholders as it pursues its vision of being a high-performing, leading socially responsible community bank in New England and beyond. Learn more about the steps Berkshire is taking at berkshirebank.com/csr and in its most recent Corporate Responsibility Report.
Key developments in the quarter include:
Sustainable Financing Framework: Berkshire unveiled its new Sustainable Financing Framework which will guide the Company's issuance of green, social and sustainable financings. Projects supported through the framework include renewable electricity generation; green buildings; renewable energy technology, storage and manufacturing; energy efficiency in commercial, residential and public buildings; affordable housing; workforce housing; and financial inclusion and access activities. The Sustainable Financing Framework will guide the allocation of proceeds from Berkshire's inaugural $100 million Sustainability Bond which made it the first U.S. community bank holding company with under $150 billion in assets to issue a Sustainability Bond.
BEST Community Comeback & Comeback Tour: Company executives completed visits to each of its markets across five states including every financial center meeting with stakeholders to highlight its "BEST Community Comeback" commitment. The multi-year plan focuses on four key areas: fueling small businesses, community financing and philanthropy, financial access and empowerment, and funding environmental sustainability. As a result of the collective efforts of its employees, Berkshire is making steady progress towards the achievement of its goals. As of quarter end, Berkshire increased its use of renewable electricity to 99%. Additional information can be found at berkshirebank.com/comeback.
Launch of the Center for Women, Wellness and Wealth: Berkshire launched the Center for Women, Wellness, and Wealth (CWWW) to provide women with tools to help create a future enriched with financial stability and wellness. The Center, through partnerships with community organizations, specialized experts and thought leaders, will offer events on wellness and financial planning, philanthropic coaching and development support, and complimentary portfolio reviews through Berkshire Bank Wealth Management.
Xtraordinary Day: The Company completed its signature Xtraordinary Day of service on June 8 during which the Bank closed its offices for the afternoon to give back to the community. This year, Berkshire Bank partnered with 39 non-profit organizations and over 1,000 Berkshire Bankers, 80% of the Company, invested the afternoon volunteering for 46 community projects across MA, NY, CT, RI, and VT. In total, employees contributed over 5,000 hours of service.
Current ESG Performance: The Company maintained its top 22% performance in leading ESG indexes in the U.S. for its Environmental, Social and Governance (ESG) ratings. As of June 30, 2022 the Company has ratings of: MSCI ESG- BBB; ISS ESG Quality Score - Environment: 2, Social: 1, Governance: 2; and Bloomberg ESG Disclosure- 59.62. The Company is also rated by Sustainalytics. Berkshire has ranked among the top 1% of all U.S. Banks for ESG in Bloomberg this year, and held the number one spot at midyear.
INVESTOR CONFERENCE CALL AND INVESTOR PRESENTATION
Berkshire will conduct a conference call/webcast at 10:00 a.m. eastern time on Wednesday, July 20, 2022 to discuss results for the quarter and provide guidance about expected future results. Participants are encouraged to pre-register for the conference call using the following link:
Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the call. Participants may pre-register at any time prior to the call and will immediately receive simple instructions via email. Additionally, participants may reach the registration link and access the webcast by logging in through the investor relations section of Berkshire's website at ir.berkshirebank.com. Those parties who do not have Internet access or are otherwise unable to pre-register for this event, may still participate at the above time by dialing 844-200-6205 and using participant access code: 227686. Participants are requested to dial-in a few minutes before the scheduled start of the call. A telephone replay of the call will be available for one week by dialing 866-813-9403 and using access code: 465253. The webcast will be available on Berkshire's website for an extended period of time.
ABOUT BERKSHIRE HILLS BANCORP
Berkshire Hills Bancorp is the parent of Berkshire Bank. The Bank's goal is to be a high-performing, leading socially responsible community bank in New England, Upstate New York, and beyond. Berkshire Bank provides business and consumer banking, mortgage, wealth management, and investment services. Headquartered in Boston, Berkshire has approximately $11.6 billion in assets and operates 105 branch offices in New England and New York, and is a member of the Bloomberg Gender-Equality Index. To learn more, call 800-773-5601 or follow us on Facebook, Twitter, Instagram, and LinkedIn.
FORWARD-LOOKING STATEMENTS
This document contains "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. You can identify these statements from the use of the words "may," "will," "should," "could," "would," "plan," "potential," "estimate," "project," "believe," "intend," "anticipate," "expect," "target" and similar expressions. There are many factors that could cause actual results to differ significantly from expectations described in the forward-looking statements. For a discussion of such factors, please see Berkshire's most recent reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission and available on the SEC's website at www.sec.gov. You should not place undue reliance on forward-looking statements, which reflect our expectations only as of the date of this document. Berkshire does not undertake any obligation to update forward-looking statements.
NON-GAAP FINANCIAL MEASURES
This document contains certain non-GAAP financial measures in addition to results presented in accordance with Generally Accepted Accounting Principles ("GAAP"). These non-GAAP measures provide supplemental perspectives on operating results, performance trends, and financial condition. They are not a substitute for GAAP measures; they should be read and used in conjunction with the Company's GAAP financial information. A reconciliation of non-GAAP financial measures to GAAP measures is included on pages F-9 and F-10 in the accompanying financial tables. In all cases, it should be understood that non-GAAP per share measures do not depict amounts that accrue directly to the benefit of shareholders.
The Company utilizes the non-GAAP measure of adjusted earnings in evaluating operating trends, including components for adjusted revenue and expense. These measures exclude items which the Company does not view as related to its normalized operations. These items primarily include securities gains/losses, other gains/losses, merger costs, restructuring costs, goodwill impairment, and discontinued operations. In 2021, the Company recorded a third quarter net gain of $52 million on the sale of the Company's insurance subsidiary and the Mid-Atlantic branch operations. Expense adjustments in the first quarter 2021 were primarily related to branch consolidations. Third quarter 2021 adjustments included Federal Home Loan Bank borrowings prepayment costs. They also included other restructuring charges for efficiency initiatives in operations areas including write-downs on real estate moved to held for sale and severance related to staff reductions. The fourth quarter 2021 revenue adjustment was primarily related to trailing revenue on a previously reported sale, and the expense adjustment was due primarily to branch restructuring costs. The revenue adjustments in 2022 were related to fair market value changes in equity and trading investments.
The Company utilizes Adjusted Pre-Provision Net Revenue ("Adjusted PPNR") which measures adjusted income before credit loss provision and tax expense. PPNR is used by the investment community due to the volatility and variability across banks related to credit loss provision expense under the Current Expected Credit Loss accounting standard. The Company also calculates Adjusted PPNR/assets in order to utilize the PPNR measure in assessing its comparative operating profitability.
Non-GAAP adjustments are presented net of an adjustment for income tax expense. This adjustment is determined as the difference between the GAAP tax rate and the effective tax rate applicable to adjusted income. The efficiency ratio is adjusted for adjusted revenue and expense items and for tax preference items. The Company also calculates measures related to tangible equity, which adjust equity (and assets where applicable) to exclude intangible assets due to the importance of these measures to the investment community.
CONTACTS
Investor Relations Contacts
Kevin Conn, SVP, Investor Relations & Corporate Development Email: KAConn@berkshirebank.com Tel: (617) 641-9206
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/07/20/berkshire-hills-reports-19-increase-quarterly-earnings-per-share/ | 2022-07-20T12:29:30Z |
New data layer creates a foundation for intelligent predictions about employee preferences and likely future actions based on insights from across the digital workplace
AUSTIN, Texas, Sept. 6, 2022 /PRNewswire/ -- LumApps, a leading Employee Experience Platform, is introducing the industry's first employee data layer, a dynamic digital data hub that organizations can tap into to drive hyper-personalization in the digital workplace.
"We're taking the power of consumer personalization, and applying it to the employee experience. Similar to how Netflix recommends movies, LumApps' employee data layer will enable highly targeted and personalized employee interactions that ultimately help engage, enable and retain great talent," said Chris McLaughlin, CMO at LumApps.
The employee data layer synchronizes information from various channels, devices and applications across the entire business and translates it into a secure, holistic view of each individual employee. This comprehensive employee profile gives organizations the power to execute hyper-personalization at scale. Leveraging AI, the employee data layer provides the foundation to orchestrate and deliver contextual communications across touchpoints and create tailored experiences along every step of the employee journey.
Over time, the system aggregates each individual's activities, interests, and preferences, including what they read, which content they liked, or with whom they interacted. This allows for greater segmentation and analysis to support an even deeper understanding of employees and their interests. As more data is added, the system will be able to provide intelligent predictions about likely future actions and events.
"We live in an era where people expect us to not only understand their wants and needs, but anticipate and exceed them. The digital workplace is no exception," said McLaughlin. "LumApps' employee data layer allows organizations to sift through vast amounts of information to make every employee interaction smarter and deliver a game-changing employee experience."
To learn more, visit here.
LumApps is a global Employee Experience Platform, transforming how companies engage, enable, and empower their workforces. The cloud-native solution is architected to tailor each experience to the individual needs of every employee, wherever and whenever they connect. With the industry's first unified employee data layer to drive hyper-personalization, LumApps is the only solution to deliver truly customized interactions for a game-changing employee experience. Since 2015, LumApps has been helping some of the world's largest and most innovative companies, such as Palo Alto, Publicis Sapient, Electronic Arts, Airbus, and Just Eat, revolutionize how they attract and retain great talent. Learn more at www.lumapps.com.
Media Contact:
Andrea LePain
On behalf of LumApps
andrea@emediajunction.com
617-275-8112
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SOURCE LumApps | https://www.kxii.com/prnewswire/2022/09/06/lumapps-delivers-key-hyper-personalization-with-industrys-first-employee-data-layer/ | 2022-09-06T12:59:40Z |
Massachusetts woman files lawsuit against Sarasota creamery
SARASOTA, Fla. (WWSB) - A second lawsuit has been filed against Sarasota based creamery Big Olaf by a Massachusetts woman alleging that she miscarried after eating ice cream tainted with listeria.
The second lawsuit was filed by attorney Ryan Osterholm on behalf of Kristen Hopkins.
The suit states that Hopkins was attending a wedding in Clearwater that was serving ice cream made by Big Olaf and became very ill. Hopkins was pregnant. The hospital tested her for listeria and tragically an ultrasound showed that Hopkins had miscarried her child.
Hopkins’ attorney says she also nearly lost her own life and was treated with antibiotics.
Dr. Washington Hill, a maternal fetal medical specialist with Sarasota Memorial Hospital, spoke to news outlets in a zoom calling to emphasize Listeria can be a serious risk for expecting mothers. He said the mothers can catch flu-like symptoms or experience no symptoms, but it’s possible the baby can be infected and suffer severe consequences.
The burden of proof is on the plaintiff, but Osterholm says that the genetic samples from victims will all have a genetic code similar to a fingerprint.
“They can tell that the listeria that made this person sick and that person sick and this other person sick came from the same place,” he explained to ABC7.
There is an active Food Safety Alert issued by the Centers for Disease Control urging consumers to throw out Big Olaf products.
Big Olaf released the following statement:
“For now, it is only speculation as it is an ongoing investigation, our brand has not been confirmed to be linked to these cases, I am not sure why only Big Olaf is being mentioned and targeted. The original report we got from the Florida Department of Health on Friday July 1st, was that there are 23 cases reported, the first one reported was January 2022. 6 out of the 23 patients mentioned having consumed Big Olaf ice cream, but nothing has been proven. We have been cooperating with the Florida Department of Health, FDACS and the FDA as soon as we were informed about the situation. We have been transparent and have answered all their questions and provided them with all the information requested from us, as the health and well-being of the public is our first priority.”
Another suit has been filed by the family of Mary Billman who died days after her family says she had ice cream at Big Olaf Creamery’s Bahia Vista location
“These people got listeria from somewhere. There’s no other real plausible explanation for where these people, especially the people who had very little connections to Florida - just a very brief window that they were there - and all ate this ice cream,” said Osterholm.
As of Thursday, only one Sarasota County location of Big Olaf is open in Venice. They are selling Hershey’s Brand ice cream.
The Florida Department of Health is also investigating.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/07/massachusetts-woman-files-lawsuit-against-sarasota-creamery/ | 2022-07-07T23:08:07Z |
SHANGHAI , July 27, 2022 /PRNewswire/ -- The China International Import Expo (CIIE), as a major platform for international procurement, investment promotion, cultural exchanges and open cooperation, has been held successfully for four consecutive years and is widely regarded as an international public good and the multilateral trading system, as well as a pivotal carrier for building an open world economy and a community with a shared future for mankind.
Since its inception in 2018, the CIIE has been growing in scale and influence. The area of its business exhibition increased from 270,000 square meters in 2018 to 366,000 square meters in 2021. Exhibitors at the past four CIIEs launched more than 1,500 new products, technologies and services and clinched tentative deals worth over $270 billion.
As the CIIE enters its fifth year, multinational exhibitors have continued to express hope in participating in this year's edition in November.
At an online ceremony held recently, more than 30 heavyweight companies and institutions signed agreements to attend the fifth CIIE, demonstrating their optimism about the Chinese market.
Marc-Antoine Jamet, secretary general of LVMH, hailed China as a vibrant, huge and growing market and a major source of inspiration for the group at the ceremony. He added holding the CIIE as scheduled against the backdrop of COVID-19 showcases China's confidence and its bright economic prospects.
Among the contracted enterprises were not only firms with longstanding ties to China and the CIIE like LVMH, Bristol-Myers Squibb and Marubeni but also newcomers such as Gilead Science, Rio Tinto and BHP Billiton.
So far, more than 80 percent of the planned business exhibition area has been reserved and more than 260 Fortune Global 500 companies and industry leaders will attend the expo.
Many countries have confirmed their participation in the country exhibition, while a new World Openness Report and World Openness Index will be released at the Hongqiao International Economic Forum, a major part of the expo.
With so many showing their interest, space will be filling up fast. Be sure to sign up for the fifth edition before time runs out! Click here to register: https://www.ciie.org/exhibition/f/book/register?locale=en.
Contact:
Nie Qingxin
Tel.: 0086-21-67008870/67008988
Photo - https://mma.prnewswire.com/media/1867312/CIIE_Photo.jpg
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SOURCE CIIE | https://www.mysuncoast.com/prnewswire/2022/07/27/fifth-china-international-import-expo-embraced-by-business-elites-overseas-enterprises/ | 2022-07-27T10:41:34Z |
High quality in-flight magazine and custom video entertainment will expand
HONOLULU , June 7, 2022 /PRNewswire/ -- A new partnership between Hawaiian Airlines and Honolulu-based custom media creator NMG Network will build upon the award-winning work of Hana Hou!, the airline's in-flight magazine and video entertainment, starting in August.
Jason Cutinella, NMG Network's Founder and CEO, started the company with creative integrity and storytelling at its core. Since 2009, the company has used beautifully crafted video and print stories to showcase the best of what Hawaiʻi has to offer.
"Working with Hawaiian Airlines is beyond a privilege," Cutinella says. "We're bringing NMG Network's highly curated, omnichannel approach to the partnership. Meaningful content is foundational to our business, and what better way to showcase the culture and lifestyle of Hawaiʻi than with curated media through a local lens."
Hawaiian Airlines, Hawaii's hometown carrier for 93 years, selected NMG to advance its Hana Hou! brand by producing rich Hawaiʻi content through print and video storytelling. NMG's first issue of Hana Hou! will be available onboard all aircraft in August, with new original video series and expanded digital content launching this fall.
"Hana Hou! is more than an in-flight magazine," said Avi Mannis, Chief Marketing and Communications Officer for Hawaiian Airlines. "For decades, it has been the go-to publication for compelling, insightful stories of life in Hawaii. We are pleased to entrust this legacy to NMG as we expand beyond the pages of the magazine with the same commitment to quality and authenticity."
Hawaiian® has led all U.S. carriers in on-time performance for each of the past 18 years (2004-2021) as reported by the U.S. Department of Transportation and was named No. 1 U.S. airline by Condé Nast Traveler's 2021 Readers' Choice Awards. Consumer surveys by Travel + Leisure and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawaiʻi.
Now in its 93rd year of continuous service, Hawaiian is Hawaiʻi's biggest and longest-serving airline. Hawaiian offers approximately 130 daily flights within the Hawaiian Islands, daily nonstop flights between Hawaiʻi and 16 U.S. gateway cities – more than any other airline – as well as service connecting Honolulu and American Samoa, Australia, Japan, New Zealand, South Korea and Tahiti.
The airline is committed to connecting people with aloha by offering complimentary meals for all guests on transpacific routes and the convenience of no change fees on Main Cabin and Premium Cabin seats. HawaiianMiles members also enjoy flexibility with miles that never expire. As Hawai'i's hometown airline, Hawaiian encourages guests to Travel Pono and experience the islands safely and respectfully.
Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA). Additional information is available at HawaiianAirlines.com. Follow Hawaiian's Twitter updates (@HawaiianAir), become a fan on Facebook (Hawaiian Airlines), and follow us on Instagram (@hawaiianairlines). For career postings and updates, follow Hawaiian's LinkedIn page.
NMG Network is proudly rooted in Hawaiʻi, while growing globally. Launched from small beginnings in Honolulu in 2009, NMG has grown to become an Emmy-award winning company that creates targeted and curated networks reaching ideal customers in luxury hotels and residences, in-flight entertainment and digital experiences that share the culture of our communities. For more information, please visit www.nmgnetwork.com.
Media Contact: Caroline Sweeney
Phone Number: 612-351-8690
Email: caroline@media-minefield.com
Website: www.hawaiianairlines.com, www.nmgnetwork.com
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SOURCE NMG Network | https://www.wibw.com/prnewswire/2022/06/07/nmg-network-produce-hawaiian-airlines-hana-hou-magazine-evolve-in-flight-media/ | 2022-06-07T18:44:22Z |
Woman gets 1 year in prison for $400K GoFundMe scam
CAMDEN, N.J. (AP) — A woman who admitted her role in a scam that raised $400,000 using a fake story about a homeless man received a one-year prison sentence in federal court Thursday.
Katelyn McClure was also ordered to make restitution and serve three years’ supervised release. The 32-year-old Bordentown, New Jersey resident is scheduled to be sentenced on state charges next month and could receive more prison time.
A message was left Thursday with an attorney representing McClure.
McClure and her then-boyfriend, Mark D’Amico, fabricated the story about homeless veteran Johnny Bobbitt Jr. giving McClure $20 when she ran out of gas on a Philadelphia highway in 2017.
In truth, state and federal prosecutors said, the group had met near a Philadelphia casino in October 2017 shortly before they told their story.
They publicized the story through local and national media interviews and created a GoFundMe account that more than 14,000 people donated to, thinking the money was to help Bobbitt, according to prosecutors. Law enforcement began investigating after Bobbitt sued the couple, accusing them of not giving him the money.
The federal criminal complaint alleged all of the money raised in the campaign was spent by March 2018, with large chunks spent by McClure and D’Amico on a recreational vehicle, a BMW and trips to casinos in Las Vegas and New Jersey.
D’Amico, described as the group’s ringleader, pleaded guilty to federal charges and was sentenced in April to 27 months in prison. He was also ordered to make restitution and is scheduled for sentencing on separate state charges next month.
Bobbitt was sentenced to five years’ probation on state charges in 2019 and faces sentencing next month on federal charges.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/25/woman-gets-1-year-prison-400k-gofundme-scam/ | 2022-07-25T21:12:06Z |
Midlothian Heritage is headed towards their third state title in five seasons. The Lady Jags won the state title in their previous two appearances at the state tournament- 2018 and 2021. After winning the title last season, the Lady Jags were prepared to head into this season and amp up their level of play. Hard work has paid off as Midlothian Heritage is set to face off against Lumberton on Wednesday! VYPE DFW takes a look at what fans can expect from the Lady Jags during the state semifinal pairing.
With an undefeated district record (12-0) and a first place finish in district play, the Lady Jags have fought hard all season to maintain their excellence on the pitch. Throughout the season, the Lady Jags have outscored their opponents by a combined 124 goals.
During playoffs, Midlothian Heritage has shown no mercy. The defense has allowed only one goal (against Argyle) while the offense racked up a combined 26 goals against Eastern Hills (13), Burkburnett (6), Benbrook (4), Stephenville (1), and Argyle (2). The Lady Jags played nearly flawlessly through the regional tournament and was able to punch their ticket to the state tournament.
Led by strong athletes like Sydney Dickson, Kerry Scott, Jules Burrows, Paisley Mabra, Brynn Pollock, and more, Midlothian Heritage is headed into the state tournament on a 15 game win-streak. Goal keeper Tanner Sorenson has had no trouble turning away her opponents at the goal and fans should expect alert defending from Sorenson on Wednesday. Lumberton (21-3-1) is a team that knows how to play up to a challenge, play hard, and keep pace against their opponents. This might be one of the toughest teams Midlothian Heritage has seen all season. The Lady Jags are going to have to turn up the heat throughout the entire game in order to put a stop to Lumberton, but it is definitely possible to see this reigning state championship team head back to the title match.
The game is set to begin at 1:30 p.m. at Birkelbach Field in Georgetown, Texas. | https://cw33.com/sports/state-semifinals-preview-midlothian-heritage-vs-lumberton/ | 2022-04-12T23:57:14Z |
This board placement will fuel Chomps' vision to bring healthy meat snacks to the masses
NAPLES, Fla., June 28, 2022 /PRNewswire/ -- Chomps, the fastest-growing US natural meat snack brand in both the Natural and Conventional retail channels, announces today the addition of Elizabeth Carter to its Board of Directors. Carter's placement was supported through the Company's collaborations with the Women On Boards Project, a nonprofit founded to promote and increase the number of executive women serving on the Boards of early-stage consumer companies, and its private equity partner, Stride Consumer Partners, who partners with talented and dynamic founders, entrepreneurs and business leaders to build the next generation of great consumer brands.
The addition of Carter to Chomps' board is a positive step towards the increased representation of women on the boards of private companies. This notable placement will support the future growth of Chomps through Carter's proven track record of scaling high-growth companies in the consumer-packaged goods industry.
Chomps was founded in 2012 by co-founders, Pete Maldonado and Rashid Ali, with a very modest $6,500 investment and a dream to create the healthiest, on-the-go protein snacks that don't compromise on taste. Chomps' products are made from the highest quality, sustainably sourced proteins, with no hidden or harmful ingredients. The founding team's mission is to inspire, educate, and fuel the community with accessible, sustainable, and real food. This vision has successfully been seen in over 2.3 million households making Chomps the fastest-growing natural meat snack brand in the country. Carter will support the company's product innovation and accelerated growth plans as they strive to become America's pantry staple.
"As a strategic, results-driven CPG expert, we know Elizabeth will make the perfect addition to our Board of Directors," explains Pete Maldonado, Chomps Co-founder and CEO. "Elizabeth Carter's expertise will support the brand's long-term mission through the immediate implementation of goal-setting, policy and procedure development, and short-term strategy pivots where necessary."
Carter brings extensive experience as a senior executive with broad expertise in the consumer-packaged goods industry, specializing in food and beverage and dietary supplements categories. A results-oriented leader, Carter's experience ranges in implementing long-term and short-term strategies, setting goals, developing policies and procedures, enhancing team-based communication, and supporting the overall organizational mission, vision, and purpose. She has worked with brands such as Humm Kombucha, 5-hour ENERGY, Perfect Snacks, as President and COO, and currently holds the position of CFO at Goli Nutrition Inc.
"I'm excited to be joining Chomps' Board of Directors to support the incredible founders and team in driving their mission of delivering healthy snacks with clean ingredients for the whole family, forward," said Elizabeth Carter. "With a strong reputation for its sustainably-sourced protein, clean-ingredient label, and great-tasting variety, I look forward to bringing my own insights and expertise to the table, to help take the brand to heights it is already headed towards."
"We are thrilled for the Women on Boards Project to be supporting a brand with the purpose of creating healthier snacking habits for the whole family," said Cassie Burr, Executive Director of the Women On Boards Project. "Elizabeth offers incredible knowledge and expertise in the industry, and we are excited to see her placement assist in the brand's growing success."
For more information, please visit www.chomps.com and WOBproject.com.
Chomps is the fastest-growing natural meat snack brand in both the Natural and Conventional retail channels with products made from the highest-quality, sustainably sourced proteins, and no hidden, harmful ingredients. All Chomps meat sticks are made from grass-fed and finished beef and venison and free-range turkey with no hormones or antibiotics. Chomps never contain added sugar, soy, dairy, artificial preservatives or colors, MSG, fillers, binders, or artificial nitrates or nitrites. Additionally, Chomps is the only meat snack that is Whole30 Approved, Certified Gluten-Free, Certified Paleo, Keto Certified, Non-GMO Project Verified, and Allergy-Friendly. Visit www.chomps.com for more information.
Women on Boards Project was created in 2020 by consumer industry leaders to increase the number of women serving on the boards of early stage consumer companies, while also expanding diversity. Women on Boards Project partners with strategic partners and investors at leading venture capital and private equity firms to place executive female leaders on the boards of their portfolio companies. The Women on Boards Project is closing the representation gap of corporate Boards through the addition of women, which reflects the considerable consumer buying power of this demographic. For more information, please visit WOBproject.com.
Stride is a private equity firm that specializes in partnering with talented and dynamic founders, entrepreneurs, and business leaders to build the next generation of great consumer brands. Founded by a passionate group of experienced investor-operators, Stride's unique approach brings together a fully integrated team of successful investors working alongside seasoned operators to assist high-growth and disruptive consumer products and services businesses to hit their stride. Together, we support our partners on their journey as they take decisive steps toward delivering on their vision. Within consumer, we focus on the following areas of expertise: beauty, food and beverage, active lifestyle and multi-unit consumer services.
During their time together in private equity, the Stride team members have had the pleasure of working side-by-side with the founders and teams of Brew Dr, The Bruery, Chomps, drybar, Essentia, First Aid Beauty, Jeni's Splendid Ice Creams, MacKenzie-Childs, Simms Fishing Products, Skinfix, Tatcha, Truewerk, TRX, Urban Decay, and Yasso. For more information, please visit Stride Consumer Partners website.
Media Contact:
Alicia O'Connell/ Konnect Agency
aoconnell@konnectagency.com
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SOURCE CHOMPS | https://www.kxii.com/prnewswire/2022/06/28/chomps-partnership-with-women-boards-project-appoints-elizabeth-carter-its-board-directors-shape-future-protein-fueled-snacking/ | 2022-06-28T13:27:33Z |
Where has all the Sriracha gone?
Published: Jun. 9, 2022 at 2:02 PM CDT|Updated: 30 minutes ago
(CNN) - One of the world’s largest producers in the Asian hot sauce market is anticipating a major shortage of Sriracha.
Huy Fong Foods says severe weather conditions affected the quality of its chili peppers and their current inventory does not meet the demand.
The company announced it is not accepting new orders for its signature Sriracha Hot Chili Sauce placed before September.
Orders already made before Labor Day will have to wait until the fall to be fulfilled.
This pause in orders not only applies to Huy Fong’s Sriracha sauce, but also to its Chili Garlic and Sambal Oelek products.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/09/where-has-all-sriracha-gone/ | 2022-06-09T19:44:19Z |
READ: Attorneys for Brian Laundrie’s parents file updated motion to have Petito lawsuit dismissed
UPDATED: With court documents
SARASOTA, Fla. (WWSB) - Attorneys for Brian Laundrie’s parents have filed an updated 21-page motion to have the Gabby Petito lawsuit dismissed, saying the murdered girl’s parents simply have not proven their case.
“There are no facts that could support the cause of action and the Court should dismiss the Complaint with prejudice,” the latest motion says.
The lawsuit contends that the Laundries concealed that their son had confessed to the murder from investigators and Petito’s parents while the search for Gabby Petito was ongoing, intentionally inflicting emotional distress.
“In doing so, Christopher Laundrie and Roberta Laundrie acted with malice or great indifference to the rights of (Gabby’s parents) Joseph Petito and Nicole Schmidt,” the lawsuit claims, adding that this conduct was “shocking, atrocious, and utterly intolerable in a civilized community.”
The lawsuit adds that the Laundries were “making arrangements for him (Brian) to leave the country.”
The Laundries have explained that their choice to stay silent during Gabby’s disappearance is “What most people would and should do.”
Steven Bertolino, the attorney for the Laundries released a statement to ABC7:
“The amended complaint did not aver any new facts or cite any law that would support the legally baseless claim. We are confident our current motion to dismiss the amended complaint will be granted.”
Bertolino argued the Laundries’ decisions to talk only with their attorney while Gabby was missing were “legally permissible, constitutionally protected, not outrageous, and do not give rise to any cause of action,” and that the suit should be thrown out.
The lawsuit seeks damages of at least $30,000. If the case is not dismissed, a jury trial has been set for the week of Aug. 14, 2023.
Laundrie amendment by Melissa R. on Scribd
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/17/read-attorneys-brian-laundries-parents-file-updated-motion-have-petito-lawsuit-dismissed/ | 2022-05-17T15:41:32Z |
MEMPHIS, Tenn., April 28, 2022 /PRNewswire/ -- International Paper (NYSE: IP) announced today that Mark Nellessen has been named vice president of Investor Relations, reporting to Tim Nicholls, senior vice president and chief financial officer, effective immediately.
Nellessen joined International Paper in 1992 and has held roles of increasing responsibility in finance and general management. Most recently, Mark served as vice president, Financial Planning and Analysis. Nellessen earned his bachelor's degree in Finance from the University of Wisconsin, Madison and an MBA from Vanderbilt University.
Nellessen succeeds Guillermo Gutierrez, who has been named vice president and general manager, Latin America for the North American Container business. Gutierrez joined International Paper in 1994 and served in a number of finance, sales and general management roles. Gutierrez served as vice president, Investor Relations since 2017.
About International Paper
International Paper (NYSE: IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2021 were $19.4 billion. Additional information can be found by visiting InternationalPaper.com.
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SOURCE International Paper | https://www.mysuncoast.com/prnewswire/2022/04/28/international-paper-names-mark-nellessen-vice-president-investor-relations/ | 2022-04-28T21:16:14Z |
Police: 31 dead in church fair stampede in southern Nigeria
By CHINEDU ASADU
Associated Press
ABUJA, Nigeria (AP) — A stampede Saturday at a church charity event in southern Nigeria left 31 people dead and seven injured, police told The Associated Press, a shocking development at a program that organizers said aimed to “offer hope” to the needy.
The stampede at the program organized by the Kings Assembly pentecostal church in Rivers state involved many people who were seeking assistance, according to Grace Iringe-Koko, a police spokeswoman in the state.
Many of the victims came to an annual “Shop for Free” charity program organized by the church. Such events are common in Nigeria, Africa’s largest economy, where more than 80 million people live in poverty, according to government statistics.
Saturday’s charity program was supposed to begin at 9 a.m. but dozens arrived as early as 5 a.m. to secure their place in line, Iringe-Koko said. Somehow they broke open the locked gate, she said, adding that the seven injured were “responding to treatment.”
Videos from the scene showed the clothing,shoes and other items meant for the beneficiaries. Doctors and emergency workers treated some of the injured as they lay in the open field.
The “Shop for Free” event was suspended while authorities investigated how the stampede occurred. | https://localnews8.com/news/2022/05/28/police-31-dead-in-church-fair-stampede-in-southern-nigeria/ | 2022-05-28T17:04:49Z |
PARIS (AP) — A beluga whale that became a French celebrity after a wrong turn took it up the Seine River had to be euthanized Wednesday after experiencing health complications during an urgent rescue operation, authorities said.
The sparkling white marine mammal appeared deep inside France last week, having accidentally veered off the normal ocean migration route that takes belugas to and from Arctic waters.
Fearing the malnourished creature would not survive in the Seine much longer, a wildlife conservation group and veterinarians planned to move the lost whale to a saltwater port in Normandy, from where they hoped to return it to the open sea.
A team of 80 people assembled to try to save the animal’s life, and it was successfully moved Tuesday night from a river lock in Saint-Pierre-la-Garenne, west of Paris, into a refrigerated truck for the 160-kilometer (99-mile) journey to the port in Ouistreham.
But during the drive, the 4-meter-long (13-foot-long) whale started to breath with difficulty, according to Florence Ollivet Courtois, a French veterinarian who worked on the rescue operation.
“During the journey, the veterinarians confirmed a worsening of its state, notably in its respiratory activities, and at the same time noticed the animal was in pain, not breathing enough,” Courtois said.
“The suffering was obvious for the animal, so it was important to release its tension, and so we had to proceed to euthanize it,” she added.
Environmentalists had acknowledged the plan to move the beluga risked fatally stressing the mammal. But marine conservation group Sea Shepherd said that it couldn’t have survived much longer in the Seine’s fresh water.
The group and veterinarians noted the whale had responded to a cocktail of antibiotics and vitamins over the last few days, making them hopeful it would recover once it was back in a saltwater environment.
A necropsy is planned on the whale, which weighed about about 800 kilograms (1,764 pounds).
Rescuers had hoped to spare the whale the fate of an orca that strayed into the Seine and died in May. In 2006, a bottlenose whale — nicknamed “Willy” — swam up the Thames River as far as London and died during a its attempted rescue.
Another complicating factor during the beluga’s rescue attempt was the extreme heat gripping France. Authorities tried to keep it cool and wet with soaked towels and moved it at nightfall when temperatures are at their lowest.
The sad end to a saga that gripped France in recent days came after experts determined the whale “was too weakened to be put back into water,” Guillaume Lericolais, the sub-prefect of France’s Calvados region, said.
Rescuers tried to feed the whale fish without success since Friday. Sea Shepherd France said veterinary exams after the beluga’s removal from the river showed it has no digestive activity. | https://cw33.com/news/science-technology/ap-science/stranded-whale-out-of-french-river-to-be-moved-to-saltwater/ | 2022-08-11T08:34:45Z |
China grants first driverless taxi permits to Baidu, Pony.ai
BEIJING (AP) — Chinese internet services company Baidu has received a permit to provide driverless ride-hailing services to the public in Beijing, one of just two companies to receive such approvals. Baidu and a rival AI driving company, Pony.ai, obtained permits allowing them to offer rides without a safety driver behind the wheel to take over in cases of an emergency. In Beijing, 10 such autonomous cars will begin offering rides to passengers within a 60-square-kilometer (23-square-mile) area in suburban Beijing. Baidu already operates an autonomous fleet of taxis in Beijing under its Apollo Go ride-hailing services, but it was required to have safety drivers behind the wheel. | https://localnews8.com/news/ap-national-business/2022/04/28/china-grants-first-driverless-taxi-permits-to-baidu-pony-ai/ | 2022-04-28T10:19:01Z |
DALLAS (KDAF) — The hottest hip hop class in town is for adults and Inside DFW tried it out.
It’s called Diva Dance and they have a few locations in Dallas. They are calling themselves ‘the only dance experience for adults’. They are committed to inclusion, empowerment and creating a space for adults to feel comfortable enough to dance!
They offer choreography to match all different kinds of skill levels so don’t feel like you have to be an expert to join.
To sign up for a class or to just learn more about them, visit divadancecompany.com. | https://cw33.com/news/inside-dfw/check-out-the-only-dance-experience-for-adults-in-dallas/ | 2022-05-19T16:54:04Z |
A look at what’s happening around baseball today:
___
CORREA CONNECTION
Justin Verlander (3-1, 1.93 ERA) and the Houston Astros try for their eighth straight win when they visit Joe Ryan (3-1, 1.63) and the first-place Minnesota Twins in a matchup of American League contenders with identical 18-11 records.
It’s unclear if new Twins shortstop Carlos Correa will play in the three-game series against his former team because of a bruised finger. Correa has been sidelined since he was hit by a pitch late last week. The two-time All-Star and 2015 AL Rookie of the Year went from Houston to Minnesota last offseason, signing a $105.3 million, three-year contract. He can opt out after each of the first two seasons.
After completing a 7-0 homestand Sunday, the Astros open a nine-game road trip. Minnesota has swept three of its last five series and won 14 of 17 since beginning the season 4-8.
PINSTRIPE PITCHING
One day after teammate Nestor Cortes took a no-hitter into the eighth inning, Luis Severino (2-0, 3.75 ERA) starts on eight days’ rest for the New York Yankees against Vladimir Guerrero Jr. and the powerful Blue Jays. Yusei Kikuchi (1-1, 4.35) goes for Toronto in the opener of a two-game series between AL East rivals at Yankee Stadium.
New York, which has won 13 of 15, boasts the best record in the majors at 20-8 — including 12-4 at home. The Yankees are 4-3 this season against Toronto, which snapped their 11-game winning streak last week.
HUNTED GREENE
Reds rookie Hunter Greene seeks redemption in his second straight start against NL Central-leading Milwaukee after he allowed five homers last time out. Greene’s eye-catching velocity has been up and down in his first month as a big leaguer, and he topped 100 mph just once while allowing eight runs against Milwaukee last Thursday.
Of course, everything is going wrong in Cincinnati. Mike Moustakas became the 14th Reds player on the injured list Monday when he was added without designation, the latest Cincinnati player apparently sidelined by COVID-19 issues on the last-place club.
First baseman Joey Votto and second baseman Jonathan India are also out for COVID-19-related reasons. Outfielder Tyler Naquin returned from the COVID-19 IL on Saturday.
MADBUM’S BACK
Arizona’s Madison Bumgarner returns to the mound against Miami after being ejected in the first inning of his previous start during a foreign substance check.
The veteran left-hander got into an argument with first base umpire Dan Bellino during the check, and the shouting match led to Bumgarner’s second career ejection. Bellino issued a public apology for his role in the exchange a few days later.
LONDON CALLING
Major League Baseball intends to play regular-season games in London in 2023, 2024 and 2026. The Cardinals and Cubs are the leading candidates to play in London next year after their scheduled 2020 meeting there was canceled due to the pandemic.
The New York Yankees swept two games against the Boston Red Sox at London’s Olympic Stadium in June 2019, MLB’s first games ever in Europe.
Baseball Commissioner Rob Manfred and London Mayor Sadiq Khan announced the formation of the MLB London Legacy Group on Monday that will include members from the Greater London Authority and Baseball Softball UK.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/leading-off-verlander-pitches-as-astros-face-twins-correa/ | 2022-05-10T15:34:37Z |
DALLAS (KDAF) — Saturday, April 16, is a day of celebrating the life of iconic Texas artist Selena and North Texas is full of ways to celebrate.
Here are some of the things going on in the area:
- Selena Day at Legacy Hall
- Texas Theatre screening the movie Selena
- 214Selena Art Show Dallas
- La Mina x Selena: A Night of Celebration
- Selena’s 51st Birthday Celebration at Jaxon Beer Garden | https://cw33.com/news/local/selena-day-is-april-16-heres-how-you-can-celebrate-in-north-texas/ | 2022-04-14T23:30:27Z |
ST. PAUL, Minn., July 11, 2022 /PRNewswire/ -- 3M (NYSE: MMM) today announced the following investor event:
- Second-quarter 2022 earnings conference call on Tuesday, July 26, 2022, at 8 a.m. CDT. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S.
This event will be webcast live and a replay will be available on 3M's Investor Relations website at http://investors.3M.com.
About 3M
3M (NYSE: MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas, and science to reimagine what's possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Learn how we're working to improve lives and make what's next at 3M.com/news or on Twitter at @3M or @3MNews.
Investor Contact:
Bruce Jermeland
(651) 733-1807
Diane Farrow
(612) 202-2449
Media Contact:
Tim Post
tpost3@mmm.com
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SOURCE 3M | https://www.wibw.com/prnewswire/2022/07/11/3m-announces-upcoming-investor-event/ | 2022-07-11T14:35:25Z |
(All amounts are in U.S. dollars unless otherwise indicated)
TORONTO, Aug. 4, 2022 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE: NGD) reports second quarter results for the Company as of June 30, 2022. The Company will host a conference call and webcast today at 8:30 am Eastern Time to discuss the second quarter consolidated results (details are provided at the end of this news release). For detailed information, please refer to the Company's Second Quarter Management's Discussion and Analysis (MD&A) and Financial Statements that are available on the Company's website at www.newgold.com and on SEDAR at www.sedar.com. The Company uses certain non-GAAP financial performance measures throughout this news release. Please refer to the "Non-GAAP Financial Performance Measures" section of this news release and the MD&A for more information. Numbered note references throughout this news release are to endnotes which can be found at the end of this news release.
Consolidated Second Quarter Highlights
- Gold equivalent1 ("gold eq.") production for the quarter of 70,514 ounces (52,431 ounces of gold, 7.4 million pounds of copper and 117,318 ounces of silver)
- Operating expenses3 of $1,277 per gold eq. ounce
- All-in sustaining costs2 of $2,373 per gold eq. ounce, including total cash costs2 of $1,296 per gold eq. ounce
- Average realized gold price2 of $1,879 per ounce and average realized copper price2 of $4.14 per pound
- Cash generated from operations of $37 million, or $0.05 per share
- Cash generated from operations, before changes in non-cash operating working capital2 of $27 million, or $0.04 per share
- Net loss of $38 million, or $0.06 per share
- Adjusted net loss2 of $17 million, or $0.02 per share
- June 30, 2022 cash and cash equivalents of $277 million
- During the quarter, the Company provided an update to its 2022 consolidated operational outlook (refer to the Company's July 11, 2022 news release for further information)
- During the quarter, the Company successfully completed the previously announced redemption of its outstanding $100 million aggregate principal amount of its 6.375% Senior Notes due 2025 (refer to the Company's May 16, 2022 news release for further information)
"While the operational outlook changes to this year are unfortunate, our teams remained resilient during a challenging quarter and I remain confident that we are positioned to have a stronger second half of the year, and deliver on our updated guidance," stated Renaud Adams, President & CEO. "Heavy rainfall and flooding in the quarter impacted Rainy River's mine plan, but over the last month, we have made tremendous progress on our dewatering efforts and mining at the bottom of the pit has resumed. Our priority for the remainder of the year continues to be on positioning the open pit operations to their optimal conditions. Both of our operations also continue to review optimization opportunities and assess cost reduction initiatives to mitigate against inflationary challenges experienced across the industry. We continue to maintain a very healthy balance sheet while also paying down $100 million of our debt in the quarter, with no additional debt due until 2027. As we move forward and look beyond 2022, both of our operations continue to advance the Company's mid to long-term strategy of increasing production and decreasing costs, leading to free cash flow generation. I strongly believe this strategy remains intact. All while we continue to execute on our drilling programs and assess the potential of our significant remaining Mineral Resource inventory. Finally, we have executed on strategic opportunities to secure our cash position and liquidity profile to enable us to execute on our short-term capital projects allowing us to unlock the maximum value at both assets.
At Rainy River, the objective over the 2022 to 2026 period is to execute a plan that extracts our remaining open pit Mineral Reserves at the lowest cost possible, and ramp-up underground operations as incremental ore to the mill, to maximize free cash flow. Our year-end 2021 open pit Mineral Reserve estimate at Rainy River contained approximately 44 million tonnes of ore at approximately 1 g/t (inclusive of low-grade ore and exclusive of stockpile material) at an attractive strip ratio of 2.32:1 per the latest technical report, which has further been reduced at the end of the second quarter. We are facing the same inflationary pressures felt by our peers and across the industry, but I remain positive on several opportunities available to us. The increase in fuel prices has had the largest impact to Rainy River, and one opportunity to reduce our fuel consumption is to minimize the amount of rehandling required to feed the mill by optimizing the in-pit blending strategy to maximize direct feed which will reduce stockpile movement. Our current technical report included approximately 22 million tonnes of ore to be rehandled during the 2022 to 2026 period. Minimizing this represents a significant opportunity to reduce fuel consumption, and improve grade at the mill, while reducing our carbon footprint. Other consumable prices have also increased, and we continue to evaluate additional opportunities to reduce our consumption. In the pit, we are improving on pumping, haulage conditions and other operational delays, all of which will have a positive impact in the near-term. Sequencing and better timing with mill operations will be key as we execute our near-term plans. Recently, we have experienced additional downtime at the mill, and we are working to address this and reduce our maintenance costs, as we look to increase our milling capacity moving forward. We continue to advance the development of the underground Intrepid zone with mining expected to begin in the fourth quarter. As we ramp-up Intrepid and incorporate other underground mining zones located below the pit over the next five years, our production growth profile at reduced costs remains very attractive with further potential to convert additional underground Mineral Resources to Mineral Reserves.
New Afton has historically proven to be a prolific block cave operation, a low-cost producer, and high free cash flow generator. We are working to return to these results as we near the completion of B3 development and continue to advance the C-Zone. With these new zones in production, we expect to return the asset, from 2024 forward, to years of low sustaining capital and higher grade, leading to increased production at low costs. Like Rainy River, New Afton has also experienced inflationary pressures however, mitigation efforts are underway including the ongoing use of a conveying system and continued efforts in electrifying the mobile fleet. These efforts should contribute significantly in reducing fuel consumption and improving our carbon footprint. Returning the mill to its full capacity should have a significant impact on reducing processing unit costs and we continue to assess further optimization opportunities. Exploration drilling programs continue to advance, with our priority on adding new higher-grade ore, to improve the mine life. There remains a meaningful inventory of Mineral Resources outside of the current mine plan, which could potentially provide further opportunities to enhance New Afton's mine plan," added Mr. Adams.
During the quarter, the Company provided an update to its 2022 consolidated operational outlook (refer to the Company's July 11, 2022 news release for further information). All other consolidated and mine site capital investment and exploration estimate guidance, including sustaining capital and sustaining leases and growth capital, remain unchanged.
Consolidated Financial Highlights
- Revenue decreased over the prior-year periods due to lower gold and copper sales volume, partially offset by higher realized gold prices. Lower sales in the quarter were impacted by the timing of concentrate shipments at New Afton of approximately 7,500 gold eq.1 ounces which have been deferred to the third quarter, a quarterly impact of approximately $700 and $140 per gold eq. ounce on New Afton and consolidated all-in sustaining costs2.
- Operating expenses were lower than the prior-year periods due to lower gold and copper sales volumes.
- Net loss increased over the prior-year periods primarily due to lower revenue and a higher loss on revaluation of investments, partially offset by lower operating expenses and a loss on revaluation of the New Afton free cash flow interest obligation in the prior-year periods.
- Adjusted net loss2 increased over the prior-year periods primarily due to lower revenues.
- Cash generated from operations decreased over the prior-year periods due to lower revenues.
Operational Highlights
- Rainy River's priority for the remainder of the year continues to be on positioning the open pit operations to its optimal conditions with the team focusing on operational efficiencies including optimizing the fleet and advancing our mining at an appropriate rate as the pit gets deeper and narrower. Significant progress has been made on dewatering the open pit and mining at the bottom of the pit has resumed and will continue to ramp-up throughout the year. Concurrently, the operation continues to make meaningful progress advancing the underground plan. The Intrepid zone continues to advance on time and on budget, with initial production expected to begin later this year. Advancing the underground plan is expected to lead to increasing production at attractive all-in sustaining costs, and at current commodity prices should generate strong margins and free cash flow over the next decade.
- Open pit tonnes mined per day decreased over the prior-year periods due to the adverse impact from heavy rainfall around the Fort Frances area in northwestern Ontario, resulting in flooding in the Rainy River open pit and impacting the mine plan. Approximately 1.1 million ore tonnes and 8.9 million waste tonnes (including 7.1 million capitalized waste tonnes) were mined from the open pit at an average strip ratio of 7.96:1. The higher-than-average strip ratio was a result of limited access to ore zones due to the in-pit flooding during the quarter, as such, equipment was re-allocated to advance waste and overburden stripping. The strip ratio is expected to average approximately 2.1:1 for the remainder of the open pit life.
- Tonnes milled per calendar day decreased over the prior-year periods due to extra mechanical maintenance and the processing of harder ore from the North Lobe. Mining from the North Lobe open pit is expected to be completed in the first half of 2023.
- Gold eq.1 production was 43,759 ounces (42,516 ounces of gold and 93,210 ounces of silver), a decrease over the prior-year period primarily due to lower gold grade because of the use of stockpiled low-grade ore during the quarter. Quarterly gold grade milled positively reconciled with the reserve model and approximately 50% of the tonnes milled during the quarter was low-grade material. For the six-month period ended June 30, 2022, gold eq.1 production was 103,654 ounces (101,349 ounces of gold and 172,831 ounces of silver), a decrease over the prior-year period primarily due to lower tonnes processed.
- Operating expense3 per gold eq. ounce increased over the prior-year period primarily due to lower sales volume and inflation-driven price increases of diesel, electricity, grinding media, and other inputs attributing to the higher unit costs. For the six-month period ended June 30, 2022, operating expense3 per gold eq. ounce was in-line with the prior-year period.
- All-in sustaining costs2 per gold eq. ounce increased over the prior-year periods due to higher sustaining capital spend and lower sales volume.
- Total capital and leases for the quarter were $45 million, and $87 million for the six-month period ended June 30, 2022, an increase over the prior-year periods due to higher sustaining capitalized waste mining costs as a result of the higher strip ratio. Sustaining capital2 during the quarter primarily related to $29 million of capitalized waste, as well as capital maintenance, and the advancement of the annual tailings dam raise. Growth capital2 primarily related to the development of the Intrepid underground zone, which advanced an additional 774 metres during the quarter.
- Free cash flow2 for the quarter ended June 30, 2022, was $0.2 million (net of a $7 million stream payment), a decrease over the prior-year period due to a decrease in revenue. Free cash flow2 for the six months ended June 30, 2022, was $15 million (net of a $13 million stream payment), consistent with the prior-year period due to an increase in cash generated from operations offset by an increase in capital expenditures.
Operational Highlights
- At New Afton, with the Lift 1 zone and recovery level now closed, the priority for the remainder of the year is to complete B3 development and ramp-up production in the fourth quarter. Additionally, C-Zone development continues to advance with first production expected to commence in the latter part of 2023. Gold and copper production are expected to significantly increase during the C-Zone period, with all-in sustaining costs to significantly decrease, leading to robust free cash flow during that time.
- Underground tonnes mined per day decreased over the prior-year periods due to the planned completion of Lift 1 mining activities, as well as the closure of the low grade-higher cost recovery level zone in June, earlier than planned. Production ramp-up of the B3 zone continued on schedule during the quarter, with development expected to be completed by September.
- Tonnes milled per calendar day decreased over the prior-year periods as planned and is currently incorporating lower grade surface stockpiles to supplement the overall lower tonnes mined.
- Gold eq.1 production was 26,755 ounces (9,916 ounces of gold and 7.4 million pounds of copper), and for the six-month period ended June 30, 2021, gold eq.1 production was 54,556 ounces (19,183 ounces of gold and 15.6 million pounds of copper), a decrease over the prior-year periods due to lower tonnes processed and lower gold and copper grades.
- Operating expense3 per gold eq. ounce increased over the prior-year periods, primarily due to lower sales volume, inflation-driven price increases, and a $4 million ($250 per gold eq. ounce in the quarter) non-cash provision related to the write down of inventory to net realizable value.
- All-in sustaining costs2 per gold eq. ounce increased over the prior-year periods, primarily due to lower sales volume, and higher sustaining capital spend for the six-month period. Sales in the quarter were impacted by timing of concentrate shipments with approximately 7,500 gold eq.1 ounces deferred to the third quarter, an impact of approximately $700 per gold eq. ounce for the quarter.
- Total capital and leases for the quarter were $34 million, and $69 million for the six-month period ended June 30, 2022, a decrease over the prior-year periods, primarily due to timing of growth capital spend. Sustaining capital2 in the quarter primarily related to B3 mine development and tailings management and stabilization activities. Growth capital2 in the quarter primarily related to C-Zone development, which advanced 1,009 metres during the quarter.
- Free cash flow2 for the quarter and six-month period ended June 30, 2022 was a net outflow of $43 million and $76 million, a decrease over the prior-year periods due to lower revenue.
- The Company will host a webcast and conference call today at 8:30 am Eastern Time to discuss the Company's second quarter consolidated results.
- Participants may listen to the webcast by registering on our website at www.newgold.com or via the following link https://produceredition.webcasts.com/starthere.jsp?ei=1556145&tp_key=026884e3d6
- Participants may also listen to the conference call by calling North American toll free 1-888-664-6383, or 1-416-764-8650 outside of the U.S. and Canada, passcode 67678068
- A recorded playback of the conference call will be available until September 4, 2022 by calling North American toll free 1-888-390-0541, or 1-416-764-8677 outside of the U.S. and Canada, passcode 678068. An archived webcast will also be available at www.newgold.com.
New Gold is a Canadian-focused intermediate mining company with a portfolio of two core producing assets in Canada, the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds approximately 5% equity stake in Artemis Gold Inc., and other Canadian-focused investments. New Gold's vision is to build a leading diversified intermediate gold company based in Canada that is committed to the environment and social responsibility. For further information on the Company, visit www.newgold.com.
Total Cash Costs per Gold eq. Ounce
"Total cash costs per gold equivalent ounce" is a non-GAAP financial performance measure that is a common financial performance measure in the gold mining industry but does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold reports total cash costs on a sales basis and not on a production basis. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, this measure, along with sales, is a key indicator of the Company's ability to generate operating earnings and cash flow from its mining operations. This measure allows investors to better evaluate corporate performance and the Company's ability to generate liquidity through operating cash flow to fund future capital exploration and working capital needs.
This measure is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. This measure is not necessarily indicative of cash generated from operations under IFRS or operating costs presented under IFRS.
Total cash cost figures are calculated in accordance with a standard developed by The Gold Institute, a worldwide association of suppliers of gold and gold products that ceased operations in 2002. Adoption of the standard is voluntary and the cost measures presented may not be comparable to other similarly titled measures of other companies. Total cash costs include mine site operating costs such as mining, processing and administration costs, royalties, and production taxes, but are exclusive of amortization, reclamation, capital and exploration costs. Total cash costs are then divided by gold equivalent ounces sold to arrive at the total cash costs per equivalent ounce sold.
In addition to gold, the Company produces copper and silver. Gold equivalent ounces of copper and silver produced or sold in a quarter are computed using a consistent ratio of copper and silver prices to the gold price and multiplying this ratio by the pounds of copper and silver ounces produced or sold during that quarter.
Notwithstanding the impact of copper and silver sales, as the Company is focused on gold production, New Gold aims to assess the economic results of its operations in relation to gold, which is the primary driver of New Gold's business. New Gold believes this metric is of interest to its investors, who invest in the Company primarily as a gold mining business. To determine the relevant costs associated with gold equivalent ounces, New Gold believes it is appropriate to reflect all operating costs incurred in its operations.
All-In Sustaining Costs per Gold eq. Ounce
"All-in sustaining costs per gold equivalent ounce" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold calculates "all-in sustaining costs per gold equivalent ounce" based on guidance announced by the World Gold Council ("WGC") in September 2013. The WGC is a non-profit association of the world's leading gold mining companies established in 1987 to promote the use of gold to industry, consumers and investors. The WGC is not a regulatory body and does not have the authority to develop accounting standards or disclosure requirements. The WGC has worked with its member companies to develop a measure that expands on IFRS measures to provide visibility into the economics of a gold mining company. Current IFRS measures used in the gold industry, such as operating expenses, do not capture all of the expenditures incurred to discover, develop and sustain gold production. New Gold believes that "all-in sustaining costs per gold equivalent ounce" provides further transparency into costs associated with producing gold and will assist analysts, investors, and other stakeholders of the Company in assessing its operating performance, its ability to generate free cash flow from current operations and its overall value. In addition, the Human Resources and Compensation Committee of the Board of Directors uses "all-in sustaining costs", together with other measures, in its Company scorecard to set incentive compensation goals and assess performance.
"All-in sustaining costs per gold equivalent ounce" is intended to provide additional information only and does not have any standardized meaning under IFRS and may not be comparable to similar measures presented by other mining companies. It should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The measure is not necessarily indicative of cash flow from operations under IFRS or operating costs presented under IFRS.
New Gold defines "all-in sustaining costs per gold equivalent ounce" as the sum of total cash costs, net of capital expenditures that are sustaining in nature, corporate general and administrative costs, capitalized and expensed exploration that is sustaining in nature, lease payments that are sustaining in nature, and environmental reclamation costs, all divided by the total gold equivalent ounces sold to arrive at a per ounce figure. The "Sustaining Capital Expenditure Reconciliation" table below reconciles New Gold's sustaining capital to its cash flow statement. The definition of sustaining versus non-sustaining is similarly applied to capitalized and expensed exploration costs and lease payments. Exploration costs and lease payments to develop new operations or that relate to major projects at existing operations where these projects are expected to materially increase production are classified as non-sustaining and are excluded. Gold equivalent ounces of copper and silver produced or sold in a quarter are computed using a consistent ratio of copper and silver prices to the gold price and multiplying this ratio by the pounds of copper and silver ounces produced or sold during that quarter.
Costs excluded from all-in sustaining costs are non-sustaining capital expenditures, non-sustaining lease payments and exploration costs, financing costs, tax expense, and transaction costs associated with mergers, acquisitions and divestitures, and any items that are deducted for the purposes of adjusted earnings.
Sustaining Capital and Sustaining Leases
"Sustaining capital" and "sustaining lease" are non-GAAP financial performance measures that do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold defines "sustaining capital" as net capital expenditures that are intended to maintain operation of its gold producing assets. Similarly, a "sustaining lease" is a lease payment that is sustaining in nature. To determine "sustaining capital" expenditures, New Gold uses cash flow related to mining interests from its consolidated statement of cash flows and deducts any expenditures that are capital expenditures to develop new operations or capital expenditures related to major projects at existing operations where these projects will materially increase production. Management uses "sustaining capital" and "sustaining lease" to understand the aggregate net result of the drivers of all-in sustaining costs other than total cash costs. These measures are intended to provide additional information only and should not be considered in isolation or as substitutes for measures of performance prepared in accordance with IFRS.
Growth Capital
"Growth capital" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold considers non-sustaining capital costs to be "growth capital", which are capital expenditures to develop new operations or capital expenditures related to major projects at existing operations where these projects will materially increase production. To determine "growth capital" expenditures, New Gold uses cash flow related to mining interests from its consolidated statement of cash flows and deducts any expenditures that are capital expenditures that are intended to maintain operation of its gold producing assets. Management uses "growth capital" to understand the cost to develop new operations or related to major projects at existing operations where these projects will materially increase production. This measure is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.
The following tables reconcile the above non-GAAP measures to the most directly comparable IFRS measure on an aggregate basis.
Consolidated OPEX, Cash Cost and All-in Sustaining Costs Reconciliation
Sustaining Capital Expenditures Reconciliation Table
Adjusted Net Earnings/(Loss) and Adjusted Net Earnings per Share
"Adjusted net earnings" and "adjusted net earnings per share" are non-GAAP financial performance measures that do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. "Adjusted net earnings" and "adjusted net earnings per share" excludes "loss on repayment of long term debt" and "other gains and losses" as per Note 3 of the Company's condensed consolidated financial statements. Net earnings have been adjusted, including the associated tax impact, for loss on repayment of long term debt and the group of costs in "Other gains and losses" on the condensed consolidated income statements. Key entries in this grouping are: the fair value changes for the gold stream obligation, fair value changes for the free cash flow interest obligation, fair value changes for copper price option contracts, foreign exchange gains/loss and fair value changes in investments. The income tax adjustments reflect the tax impact of the above adjustments and is referred to as "adjusted tax expense".
The Company uses "adjusted net earnings" for its own internal purposes. Management's internal budgets and forecasts and public guidance do not reflect the items which have been excluded from the determination of "adjusted net earnings". Consequently, the presentation of "adjusted net earnings" enables investors to better understand the underlying operating performance of the Company's core mining business through the eyes of management. Management periodically evaluates the components of "adjusted net earnings" based on an internal assessment of performance measures that are useful for evaluating the operating performance of New Gold's business and a review of the non-GAAP financial performance measures used by mining industry analysts and other mining companies. "Adjusted net earnings" and "adjusted net earnings per share" are intended to provide additional information only and should not be considered in isolation or as substitutes for measures of performance prepared in accordance with IFRS. These measures are not necessarily indicative of operating profit or cash flows from operations as determined under IFRS. The following table reconciles these non-GAAP financial performance measures to the most directly comparable IFRS measure.
Cash Generated from Operations, before Changes in Non-Cash Operating Working Capital
"Cash generated from operations, before changes in non-cash operating working capital" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. Other companies may calculate this measure differently and this measure is unlikely to be comparable to similar measures presented by other companies. "Cash generated from operations, before changes in non-cash operating working capital" excludes changes in non-cash operating working capital. New Gold believes this non-GAAP financial measure provides further transparency and assists analysts, investors and other stakeholders of the Company in assessing the Company's ability to generate cash from its operations before temporary working capital changes.
Cash generated from operations, before non-cash changes in working capital is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. This measure is not necessarily indicative of operating profit or cash flows from operations as determined under IFRS. The following table reconciles this non-GAAP financial performance measure to the most directly comparable IFRS measure.
Free Cash Flow
"Free cash flow" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold defines "free cash flow" as cash generated from operations and proceeds of sale of other assets less capital expenditures on mining interests, lease payments, settlement of non-current derivative financial liabilities which include the gold stream obligation and the Ontario Teachers' Pension Plan free cash flow interest. New Gold believes this non-GAAP financial performance measure provides further transparency and assists analysts, investors and other stakeholders of the Company in assessing the Company's ability to generate cash flow from current operations. "Free cash flow" is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. This measure is not necessarily indicative of operating profit or cash flows from operations as determined under IFRS. The following tables reconcile this non-GAAP financial performance measure to the most directly comparable IFRS measure on an aggregate and mine-by-mine basis.
Average Realized Price
"Average realized price per ounce of gold sold" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. Other companies may calculate this measure differently and this measure is unlikely to be comparable to similar measures presented by other companies. Management uses this measure to better understand the price realized in each reporting period for gold sales. "Average realized price per ounce of gold sold" is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The following tables reconcile this non-GAAP financial performance measure to the most directly comparable IFRS measure on an aggregate and mine-by-mine basis.
For additional information with respect to the non-GAAP measures used by the Company, refer to the detailed "Non-GAAP Financial Performance Measure" section disclosure starting on page 27 in the MD&A for the three and six months ended June 30, 2022 filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this news release, including any information relating to New Gold's future financial or operating performance are "forward-looking". All statements in this news release, other than statements of historical fact, which address events, results, outcomes or developments that New Gold expects to occur are "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "targeted", "estimates", "forecasts", "intends", "anticipates", "projects", "potential", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved" or the negative connotation of such terms. Forward-looking statements in this news release include, among others, statements with respect to: the Company's expectations and guidance regarding production, costs, capital investments and expenses on a consolidated and mine-by-mine basis, and the factors and timing contributing to those expected results; an anticipated stronger second half of the year and delivering on updated guidance; the Company's planned priorities, activities and focus areas for the mine sites for the remainder of the year; the continued review of optimization opportunities and assessment of cost reduction initiatives; the Company's mid to long-term strategy of increasing production and decreasing costs at both sites, and the expected free cash flow to be generated therefrom; the Company's planned objectives for the 2022-2026 period, and the anticipated results; the continued evaluation of and potential opportunities relating to reducing consumption; the projected reduction in fuel consumption and improvement of the Company's carbon footprint;; development of the Intrepid zone and anticipated production timing; the ramp-up of production at B3 and expectations regarding timing for development completion and reaching nameplate mining rates in the fourth quarter; C-Zone development and projected timing for production; advancing exploration activities at both sites and expected delivery of an exploration update during the third quarter; the potential for additional conversion of Mineral Resources to Mineral Reserves over time and an associated extension of mine life; expectations regarding the strip ratio at Rainy River for the remainder of the open pit; projected fourth quarter access to higher grade ore material at Rainy River; anticipated short and long term benefits from advancing the underground plan at Rainy River; expected timing for completion of the North Lobe open pit mining; and the Company's projections regarding free cash flow and the factors contributing thereto.
All forward-looking statements in this news release are based on the opinions and estimates of management that, while considered reasonable as at the date of this press release in light of management's experience and perception of current conditions and expected developments, are inherently subject to important risk factors and uncertainties, many of which are beyond New Gold's ability to control or predict. Certain material assumptions regarding such forward-looking statements are discussed in this news release, New Gold's latest annual MD&A, its most recent annual information form and technical reports on the Rainy River Mine and New Afton Mine filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. In addition to, and subject to, such assumptions discussed in more detail elsewhere, the forward-looking statements in this news release are also subject to the following assumptions: (1) there being no significant disruptions affecting New Gold's operations other than as set out herein; (2) political and legal developments in jurisdictions where New Gold operates, or may in the future operate, being consistent with New Gold's current expectations; (3) the accuracy of New Gold's current mineral reserve and mineral resource estimates and the grade of gold, silver and copper expected to be mined and the grade of gold, copper and silver expected to be mined; (4) the exchange rate between the Canadian dollar and U.S. dollar, and to a lesser extent, the Mexican Peso, and commodity prices being approximately consistent with current levels and expectations for the purposes of 2022 guidance and otherwise; (5) prices for diesel, natural gas, fuel oil, electricity and other key supplies being approximately consistent with current levels; (6) equipment, labour and materials costs increasing on a basis consistent with New Gold's current expectations; (7) arrangements with First Nations and other Aboriginal groups in respect of the New Afton Mine and Rainy River Mine being consistent with New Gold's current expectations; (8) all required permits, licenses and authorizations being obtained from the relevant governments and other relevant stakeholders within the expected timelines and the absence of material negative comments or obstacles during any applicable regulatory processes; (9) there being no significant disruptions to the Company's workforce at either the Rainy River Mine or New Afton Mine due to cases of COVID-19 (including any required self-isolation requirements due to cross-border travel to the United States or any other country or any other reason) or otherwise; (10) the responses of the relevant governments to the COVID-19 outbreak being sufficient to contain the impact of the COVID-19 outbreak; (11) there being no material disruption to the Company's supply chains and workforce that would interfere with the Company's anticipated course of action at the Rainy River Mine and the New Afton Mine; and (12) the long-term economic effects of the COVID-19 outbreak not having a material adverse impact on the Company's operations or liquidity position.
Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Such factors include, without limitation: price volatility in the spot and forward markets for metals and other commodities; discrepancies between actual and estimated production, between actual and estimated costs, between actual and estimated Mineral Reserves and Mineral Resources and between actual and estimated metallurgical recoveries; equipment malfunction, failure or unavailability; accidents; risks related to early production at the Rainy River Mine, including failure of equipment, machinery, the process circuit or other processes to perform as designed or intended; the speculative nature of mineral exploration and development, including the risks of obtaining and maintaining the validity and enforceability of the necessary licenses and permits and complying with the permitting requirements of each jurisdiction in which New Gold operates, including, but not limited to: obtaining the necessary permits for the New Afton C-Zone; uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the C-Zone permitting process; changes in project parameters as plans continue to be refined; changing costs, timelines and development schedules as it relates to construction; the Company not being able to complete its construction projects at the Rainy River Mine or the New Afton Mine on the anticipated timeline or at all; volatility in the market price of the Company's securities; changes in national and local government legislation in the countries in which New Gold does or may in the future carry on business; controls, regulations and political or economic developments in the countries in which New Gold does or may in the future carry on business; the Company's dependence on the Rainy River Mine and New Afton Mine; the Company not being able to complete its exploration drilling programs on the anticipated timeline or at all; disruptions to the Company's workforce at either the Rainy River Mine or the New Afton Mine, or both, due to cases of COVID-19 or any required self-isolation (due to cross-border travel, exposure to a case of COVID-19 or otherwise); the responses of the relevant governments to the COVID-19 outbreak not being sufficient to contain the impact of the COVID-19 outbreak; disruptions to the Company's supply chain and workforce due to the COVID-19 outbreak; an economic recession or downturn as a result of the COVID-19 outbreak that materially adversely affects the Company's operations or liquidity position; there being further shutdowns at the Rainy River Mine or New Afton Mine; significant capital requirements and the availability and management of capital resources; additional funding requirements; diminishing quantities or grades of Mineral Reserves and Mineral Resources; actual results of current exploration or reclamation activities; uncertainties inherent to mining economic studies including the Technical Reports for the Rainy River Mine and New Afton Mine; impairment; unexpected delays and costs inherent to consulting and accommodating rights of First Nations and other indigenous groups; climate change, environmental risks and hazards and the Company's response thereto; tailings dam and structure failures; actual results of current exploration or reclamation activities; fluctuations in the international currency markets and in the rates of exchange of the currencies of Canada, the United States and, to a lesser extent, Mexico; global economic and financial conditions and any global or local natural events that may impede the economy or New Gold's ability to carry on business in the normal course; compliance with debt obligations and maintaining sufficient liquidity; taxation; fluctuation in treatment and refining charges; transportation and processing of unrefined products; rising costs or availability of labour, supplies, fuel and equipment; adequate infrastructure; relationships with communities, governments and other stakeholders; geotechnical instability and conditions; labour disputes; the uncertainties inherent in current and future legal challenges to which New Gold is or may become a party; defective title to mineral claims or property or contests over claims to mineral properties; competition; loss of, or inability to attract, key employees; use of derivative products and hedging transactions; counterparty risk and the performance of third party service providers; investment risks and uncertainty relating to the value of equity investments in public companies held by the Company from time to time; the adequacy of internal and disclosure controls; conflicts of interest; the lack of certainty with respect to foreign operations and legal systems, which may not be immune from the influence of political pressure, corruption or other factors that are inconsistent with the rule of law; the successful acquisitions and integration of business arrangements and realizing the intended benefits therefrom; and information systems security threats. In addition, there are risks and hazards associated with the business of mineral exploration, development, construction, operation and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance or inability to obtain insurance to cover these risks) as well as "Risk Factors" included in New Gold's most recent annual information form, MD&A and other disclosure documents filed on and available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Forward looking statements are not guarantees of future performance, and actual results and future events could materially differ from those anticipated in such statements. All forward-looking statements contained in this news release are qualified by these cautionary statements. New Gold expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.
Technical Information
The scientific and technical information relating to the Mineral Resources and Reserves contained herein has been reviewed and approved by Michele Della Libera, Director, Exploration for the Company. All other scientific and technical information contained in this news release has been reviewed and approved by Patrick Godin, Executive Vice President and Chief Operating Officer of New Gold. Mr. Della Libera is a Professional Geologist and a member of the Association of Professional Geoscientists of Ontario and the Engineers and Geoscientists British Columbia. Mr. Godin is a Professional Engineer and member of the Ordre des ingénieurs du Québec. Mr. Della Libera and Mr. Godin are each a "Qualified Person" for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
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SOURCE New Gold Inc. | https://www.wibw.com/prnewswire/2022/08/04/new-gold-reports-2022-second-quarter-results/ | 2022-08-04T11:49:14Z |
DALLAS (KDAF) — WalletHub has released a new study ranking all 50 states, including Washington D.C., based on which states are the most and least financially literate.
This has Texans wondering where the Lone Star State ranks compared to the rest of the nation. According to the survey, Texas ranks 23rd in the nation based on financial literacy.
Here are more key findings regarding Texas:
- 42nd – WalletHub’s ‘WalletLiteracy Survey’ Score
- 45th – % of Adults Aged 18+ Who Spend More than They Earn
- 43rd – % of Adults Aged 18+ with Rainy-Day Funds
- 44th – % of Unbanked Households
- 42nd – % of Adults Aged 18+ Paying Only Minimum on Credit Card(s)
- 41st – % of Adults Aged 18+ Who Compare Credit Cards Before Applying
- 7th – High-School Financial Literacy Grade
Here are the top 10 most financially literate states in the nation:
Source: WalletHub
For the full report, visit WalletHub. | https://cw33.com/news/local/new-study-ranks-most-least-financially-literate-states-where-does-tx-rank/ | 2022-04-06T16:46:42Z |
Schalke promoted back to Bundesliga after ending Russia ties
GELSENKIRCHEN, Germany (AP) — Schalke is coming back to the Bundesliga after a year of transformation on and off the field. A humiliating relegation from the top division galvanized one of Germany’s traditional giants to make changes on the field. Then came the war in Ukraine and Schalke cut ties with the Russian state gas company Gazprom. Schalke’s late surge for promotion this season was mirrored in the game Saturday which secured its return to the Bundesliga. Schalke was down 2-0 at halftime against promotion rival St. Pauli before recovering to win 3-2. | https://localnews8.com/sports/ap-national-sports/2022/05/09/schalke-promoted-back-to-bundesliga-after-ending-russia-ties/ | 2022-05-09T17:02:01Z |
BELTON — The Dog Ridge Water Supply Corp. on Sunday issued a boil water notice after a main line break on the Interstate 14 frontage road.
Customers who live on the north side of the freeway are affected by the notice. They are urged to boil their water prior to consumption.
To ensure the destruction of all harmful bacteria and other microbes, water for drinking, cooking and making ice should be brought to a vigorous, rolling boil for two minutes before use. In lieu of boiling, customers can purchase bottled water or obtain water from another suitable source.
The supplier will issue a rescind notice when the water is safe to drink.
Customers with questions can call Dog Ridge at 254-939-6533.
To reach the Texas Commission on Environmental Quality, call 512-239-4691. | https://www.tdtnews.com/news/business/article_ca6ee7c0-cf06-11ec-a6b0-dfa060e49d8f.html | 2022-05-08T22:39:30Z |
NEW YORK, July 12, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Apyx Medical Corporation (NASDAQ: APYX) alleging that the Company violated federal securities laws.
Class Period: May 12, 2021 to March 11, 2022
Lead Plaintiff Deadline: August 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in APYX:
https://www.kleinstocklaw.com/pslra-1/apyx-medical-corporation-loss-submission-form-2?id=29701&from=4
Apyx Medical Corporation NEWS - APYX NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Apyx Medical Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Apyx you have until August 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Apyx securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the APYX lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/apyx-medical-corporation-loss-submission-form-2?id=29701&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/07/12/apyx-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-5-2022-class-action-filed-behalf-apyx-medical-corporation-shareholders/ | 2022-07-12T10:30:41Z |
Company surpasses goal of 1 GW in first year post-RTO
TORONTO, June 1, 2022 /PRNewswire/ - Westbridge Energy Corporation (TSXV: WEB) (OTCQB: WEGYF) (FRA: PUQ3) ("Westbridge" or the "Company") is pleased to announce the addition of the Dolcy Solar and Battery Storage Project ("the Dolcy Project"), located in the Municipality of Provost, in east-central Alberta, Canada, to its portfolio. The Project is targeting a total capacity of 250MWac solar photovoltaic and 100MW of Battery Energy Storage System ("BESS").
Stefano Romanin, CEO, commented, "With the addition of Dolcy to our portfolio, we now control four utility-scale solar PV development projects totalling 985 MW, and 300 MW of battery storage capacity for a total of 1,285 MW. This project complements our robust portfolio in Alberta, where we continue to see significant opportunities for origination and acquisitions, particularly as we progress the Georgetown solar project. The Dolcy Project confirms our ability to originate greenfield projects and allows the Company to surpass our 1GW target before the anticipated milestone of 12 months after RTO."
The Dolcy Project has secured site control in the form of a long-term solar lease covering approximately 1,025 acres with private landowners. It is currently in Stage 1 of the Alberta Electric System Operator (the "AESO") interconnection process, with environmental studies underway in accordance with Alberta Environment and Parks guidelines.
The Company's origination team continues to evaluate multiple solar and battery storage development projects to further scale and strengthen its portfolio, with a vision of maximizing the return on renewable energy assets through accretive project monetization and retention of royalties. This approach is expected to enhance long-term cashflow and build long-term shareholder value. The current portfolio of projects is listed below.
Westbridge Energy Corporation develops best-in-class solar PV projects. The Company plans to deliver attractive, long-term returns by originating, executing, and developing an international portfolio of renewable assets for investors and utilities. Management has a strong track-record with 40+ projects developed worldwide, obtaining, and executing permits on time and within budget. As one of the very few listed pure-play Canadian solar development companies, Westbridge provides its investors with valuable access to greenfield solar projects. This means the Company can invest at the earliest stage of solar energy development benefiting from the full value chain as well as the expected wider adoption of renewable energy going forward. Westbridge brings together regulators, corporate buyers, and landowners with the goal of delivering clean, sustainable electricity to end users.
On behalf of the Board of Directors,
Scott M. Kelly
Executive Chair & Director
Westbridge Energy Corporation
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information set forth in this document contains forward-looking information and statements including, without limitation, management's business strategy, management's assessment of future plans and operations. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project", "potential" or similar words suggesting future outcomes or statements regarding future performance and outlook. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company.
This news release contains forward-looking statements about the Dolcy Project, the expansion of the Company's solar PV portfolio, if at all, the need to obtain additional financing to develop the Company's solar PV projects, the uncertainty of meeting anticipated program milestones for the Company's solar PV projects and anticipated steps, timing and costs thereof, exits of projects, if any, the Company's objectives and strategies, the ability of the Company to achieve its goals, each of which are forward-looking in nature and, as a result, are subject to certain risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include general business, economic, competitive, regulatory, policy and social uncertainties, and availability of permits and financing upon terms acceptable to the Company or at all. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, market risks, operating history, competition, and the other risks identified under the headings "Risk Factors" in the Company's management's discussion and analysis dated March 29, 2022 and other disclosure documents available on the Company's profile on SEDAR at www.sedar.com.The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.
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SOURCE Westbridge Energy Corporation | https://www.mysuncoast.com/prnewswire/2022/06/01/westbridge-announces-origination-250-mw-dolcy-solar-pv-project-100-mw-battery-storage-system-alberta/ | 2022-06-01T11:00:00Z |
NEW YORK, July 20, 2022 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) (the "Fund") with information regarding the sources of the distribution to be paid on July 29, 2022 and cumulative distributions paid fiscal year-to-date.
In December 2012, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2022 (January 1, 2022 through June 30, 2022) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2022. In addition, the Fund's Average Annual Total Return for the five-year period ending June 30, 2022 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2022. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
SOURCE: Cohen & Steers, Inc.
Website: https://www.cohenandsteers.com
Symbol: (NYSE: CNS)
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, and Tokyo.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
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SOURCE Cohen & Steers, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/20/cohen-amp-steers-quality-income-realty-fund-inc-rqi-notification-sources-distribution-under-section-19a/ | 2022-07-21T00:25:19Z |
First and Only Index Fund for Private Real Estate Open to Accredited Investors, Using Same Strategy as Some of the World's Largest Pensions Funds
INDEPENDENCE, Ohio, Aug. 2, 2022 /PRNewswire/ -- IDR Investment Management, LLC ("IDR"), the innovators behind the first and only index fund for private real estate, have expanded access to wealth management platforms serving high net worth individuals ("Accredited Investors"). New investors now have the opportunity to participate in an indexing strategy previously limited only to institutional investors.
The IDR Core Property Index Fund (the "ODCE Index Fund") – with over $4 billion in AUM and patented investment models – has closely replicated the return performance of the NCREIF Open-End Diversified Core Equity Index (or "ODCE Index") with less than 12 bps of tracking error since launching the Fund in 2018. The ODCE Index has been tracking market performance for the past 45 years and today is considered to be among the most comprehensive benchmarks for U.S. private real estate. The index is similar to what the S&P 500 is for the largest publicly traded stocks. More than 75% of global institutional real estate investors use ODCE as their benchmark.
The ODCE Index is comprised of over $337 billion in market value that is capitalized by more than 4,000 global investors. Its roughly 3,300 properties are geographically diversified across the 35 largest U.S markets. Property types include industrial, apartment, office, retail and specialty, which individually average approximately $100 million in value per asset. The ODCE Index has produced a 9.9% net total return over the past 10 years as of March 31, 2022 and due to inflation, property supply imbalances and strong rent growth, 27.3% over the past year.
"Other asset classes have benefited from the use of passive investment strategies in portfolio management. The ODCE Index Fund provides investors of all sizes with low-cost access to private real estate in an efficient index fund structure," said Gary Zdolshek, CEO of IDR. "We are excited to welcome accredited investors to join our institutional investor base in what we believe should be the third leg of a compelling investment strategy alongside equities and bonds."
Garrett Zdolshek, IDR's portfolio manager added, "Diversified private real estate investment provides many potential portfolio benefits and historically has provided a hedge against inflation, stable income and low correlation to stocks and bonds. Indexing also reduces single property and manager selection risk while providing potentially attractive returns over a full market cycle."
IDR investors include several of the largest pensions in the U.S. including the Teachers' Retirement System of Texas ("TRS"), which initially backed the Fund in 2018. Jared Morris, Investment Manager of Real Assets for TRS noted: "We have seen a deep level of interest in public markets for index products such as ETF's on the S&P 500. What IDR is doing is a major innovation for private equity real estate and will bring the same portfolio benefits to both the large institutions and qualified retail investors."
IDR maintains a strategic partnership with USAA Real Estate, which has a 40-year track record of market performance and over $36 billion in assets under management operating out of ten global offices in the United States, Europe and Asia.
IDR has provided private equity real estate investment management services for over 15 years to institutional investors. IDR professionals developed and manage the first and only index fund for the private equity real estate asset class. In January 2017, IDR entered a strategic relationship with USAA Real Estate pursuant to which USAA Real Estate owns a majority interest in IDR Investment Management, LLC. IDR is headquartered in Independence, OH and currently has over $4 billion in assets under management. For more information, visit www.idrinvestments.com
Along with its affiliate companies, USAA Real Estate invests across the risk spectrum for a global client base, managing over $36 billion in net assets under management within a diversified portfolio across North America and Europe. USAA Real Estate provides strategic equity and debt capital, including to capitalize on the accelerating demand for technology-driven real estate assets, to meet the critical need for housing solutions, and for other market and capital structure opportunities exhibiting compelling risk-return characteristics. For more information, visit usrealco.com.
The Fund is a continuously offered private fund that is only offered pursuant to a private placement memorandum, which describes risks related to an investment in the Fund. The Fund is not registered under the Securities Act or any state securities laws, and is offered to accredited investors under Section 506(c). Shares of the Fund are not publicly traded or listed on any securities exchange, shares are redeemable only through the share repurchase program and investor have no right to require the Fund to repurchase shares and therefor is not appropriate for investors requiring liquidity. You may receive little or no return on your investment or you may lose money by investing in the Fund. The ODCE Index is a core capitalization weighted index that includes only open-end diversified core strategy funds with at least 95% of their investments in U.S. markets.
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SOURCE IDR Investment Management | https://www.wibw.com/prnewswire/2022/08/02/idr-odce-index-fund-now-open-accredited-investors/ | 2022-08-02T15:27:47Z |
ST. PAUL, Minn., Aug. 1, 2022 /PRNewswire/ -- Johnson // Becker, PLLC is a nationwide products liability law firm with extensive experience representing victims of pressure cooker explosions. The firm has represented over 500 clients who have been severely burned by exploding pressure cookers designed and sold by numerous manufacturers.
Johnson//Becker filed this Complaint against manufacturer Pick Five Imports, on behalf of Kimberly Harbin, a resident of Canton, North Carolina, alleging that Ms. Harbin's Maxi-Matic pressure cooker exploded during normal use due to a defective and unsafe lid locking mechanism.
The Maxi-Matic pressure cooker explosion left Ms. Harbin with "serious and substantial burn injuries" after the steaming-hot contents of the cooker were explosively projected onto her when she attempted to open the lid. The explosion happened despite Maxi-Matic's claims of "safety," including the contention that the unit cannot open while its contents are still under pressure. The Complaint alleges Maxi-Matic "put profit ahead of safety by continuing to sell its pressure cookers to consumers" and failing to warn consumers or recall its defective product.
This suit is filed by Adam J. Kress and Anna R. Rick of Johnson // Becker, PLLC. Adam exclusively handles injury cases, with an emphasis on national products liability litigation, including cases involving burn injuries from defective products.
If you or a loved one has been injured by a defective Maxi-Matic pressure cooker, you may want to speak with the lawyers at Johnson//Becker. We are filing new pressure cooker lawsuits across the country, and you may be entitled to financial compensation for your defective pressure cooker injuries.
We offer a free case evaluation. To learn more about Johnson // Becker's product liability cases, or to arrange a free, no obligation case review, please visit Johnson // Becker at https://www.johnsonbecker.com/product-liability/pressure-cooker-lawsuit/, https://www.johnsonbecker.com/product-liability/elite-bistro-and-elite-platinum-pressure-cooker-lawsuits/ or contact Johnson // Becker directly at (800) 279-6386.
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SOURCE Johnson // Becker, PLLC | https://www.mysuncoast.com/prnewswire/2022/08/01/maxi-matic-lawsuit-filed-north-carolina/ | 2022-08-01T21:40:00Z |
BELTON — A jury trial for Carmen DeCruz, a former Temple Police Department officer accused of fatally shooting Michael Dean on Dec. 2, 2019, has been pushed back six months to January 2023.
Almost three years after the shooting, DeCruz, 55, of Killeen, remains free on bond for his second-degree felony manslaughter charge in the shooting death.
The trial was initially scheduled to begin Monday but was moved to Jan. 23 due to discovery issues in the case, according to court records.
DeCruz was charged on 2019 after an investigation by Texas Rangers found enough evidence to produce a criminal charge.
According to an arrest affidavit filed by the investigative unit from the Texas Department of Public Safety, on Dec. 2, 2019, DeCruz, then an officer, attempted to stop a vehicle for speeding.
“The vehicle did not stop immediately, and Officer DeCruz pursued the vehicle,” the affidavit said. “The vehicle approached the intersection of Little River Road and Loop 363.”
Once the vehicle stopped, bodycam video showed DeCruz blocked off the car and approached with his police-issued handgun drawn, the affidavit said.
DeCruz ordered Dean to turn off the vehicle and hand him the keys.
“Officer DeCruz is seen reaching into the vehicle … with his left hand while holding his duty issued firearm, a handgun, on his right hand,” the affidavit said. “Officer DeCruz had the handgun pointed at Dean with his finger on the trigger. Affiant observed on the video that Officer DeCruz pulled on the keys with his left hand and his right hand also pulls backwards, causing the handgun to fire, striking Michael Dean in the head.”
Dean was taken out of his car as DeCruz, and other officers performed medical aid on him. Dean died from his injuries at the scene, the affidavit said.
The city of Temple has denied the public release of bodycam video despite numerous requests from the Telegram and other media outlets to obtain the footage.
Texas Attorney General Ken Paxton’s office issued an opinion in 2020 saying the city of Temple must withhold all videos connected with the shooting due to the active criminal case.
The Texas Rangers noted on the affidavit examining DeCruz’s handgun and found no malfunctions detected during a test firing by the Texas Department of Public Safety Crime Laboratory.
An autopsy report prepared by the Southwestern Institute of Forensic Sciences said Dean died from a headshot wound.
A grand jury indictment filed on March 18, 2020, said DeCruz “Recklessly caused the death of … Michael Lorenzo Dean, by maintaining his finger on the trigger of the handgun causing the handgun to discharge and shooting said Michael Dean while the defendant was attempting to gain control of the keys of the vehicle operated by Michael Lorenzo Dean,” the indictment said.
A second paragraph of the indictment alleges DeCruz recklessly caused the death of Dean by applying pressure to the trigger of the handgun that killed him.
DeCruz resigned from the Temple Police Department on Feb. 18, 2020, instead of being indefinitely suspended by interim Police Chief Jim Tobin. DeCruz’s resignation prompted the termination of an internal investigation, which yielded no results released to the public.
However, City Manager Brynn Myers previously told the Telegram in an interview that DeCruz violated at least three department policies determined through the internal investigation.
DeCruz was initially arrested on a $500,000 bond in February 2020.
A month later, in March 2020, 264th Judicial District Judge Paul LePak lowered his bond to $80,000. DeCruz was freed after posting the lower bond. | https://www.tdtnews.com/news/central_texas_news/article_68ee5c78-0c6f-11ed-8015-6b2bd2f10098.html | 2022-07-26T00:34:20Z |
Regal will show MovieFarm's Beautiful Blue Eyes in 400+ theaters alongside JAWS
- Roy Scheider sadly died before filming wrapped, so the filmmakers had to wait for AI tech advances to release the movie as originally envisioned, more than a decade later
- Scheider asked for the movie title to be changed to reflect a moving scene within it
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Excitement for movie lovers that started with news of the re-release of Steven Spielberg's epic JAWS in RealD 3D and IMAX, starring two-time Academy Award Nominee Roy Scheider (The French Connection, All That Jazz), is now bigger than ever. Global distributor MovieFarm announced today that Scheider's powerful final performance in the thriller Beautiful Blue Eyes, will also be seen by audiences exclusively at 431 Regal theaters across the US, from September 9, with its world premiere at NYC's Regal Union Square on September 8.
Movie critic Pete Hammond, said of writer/director Joshua Newton's film, "A beautifully made movie that will have audiences talking long afterward."
The story is about a NYPD cop (Scheider) who has spent decades haunted by the murder of his family during WWII. When he believes he has found the Nazi responsible, he enlists his estranged son to help him exact revenge.
September is the first time Roy Scheider has been seen widely on the big screen in decades, creating a once-in-a-lifetime opportunity to see two Roy Scheider movies on the big screen in unison. Beautiful Blue Eyes will play in every Regal location where JAWS is playing, across 431 theaters.
The cast also includes Scott Cohen (The Americans, The Marvelous Mrs. Maisel), Sarah Bolger (A Good Woman is Hard to Find, The Tudors), Helmut Berger (The Damned, The Godfather: Part III), and Alexander Newton – who plays the young Joseph (Roy Scheider's character). Alexander also wrote and performed the title song.
Scheider's wish to the director of Beautiful Blue Eyes
Scheider told director Joshua Newton that he signed on to star in the film (then with a working title of "Iron Cross"), because of the meaning of "Beautiful Blue Eyes" in the film. Three days before his passing, Scheider asked Newton to change the movie's name to Beautiful Blue Eyes, which Newton has done in Scheider's honor.
Sadly, Scheider never got to see Beautiful Blue Eyes, as he passed away in 2008 after battling with multiple myeloma, a rare blood cancer that came back after he cut his leg while moving house.
A previously unreleased movie now completed with the help of AI
It's no secret that making movies is hard. To make matters even harder for Beautiful Blue Eyes' director Newton, the film was incomplete when Scheider passed away in 2008. Due to a fault with one of the cameras, some shots had to be left out.
But now, AI technology has repaired the damaged frames allowing Newton to edit and release the movie, as he originally envisioned.
A previous version of the movie won awards at festivals, but the film was never distributed. Instead, Newton and fellow producer Kevin Farr, decided to hold back the release of Beautiful Blue Eyes until a time when it would be possible to show the correct version of the film to a wide audience in theaters.
Originally filmed in 2008 and re-post-produced in 2022, Beautiful Blue Eyes is being released in 4K.
- Tickets for Beautiful Blue Eyes will be available to pre-order at regmovies.com from August 26.
- Beautiful Blue Eyes trailer
- Beautiful Blue Eyes song video
- Images
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SOURCE MovieFarm | https://www.wibw.com/prnewswire/2022/08/19/roy-scheider-returns-big-screen-with-two-movies/ | 2022-08-19T22:16:01Z |
Energy Innovation Capital, Williams, Shell Ventures and Chevron Technology Ventures Invest to Help Unlock One of the Cleanest and Most Economical Forms of Hydrogen Production
EDMONTON, AB, Aug. 1, 2022 /PRNewswire/ -- Aurora Hydrogen, a company developing emission-free, hydrogen production technology, has raised $10M USD in Series A funding led by Energy Innovation Capital. Participating investors include Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. This funding adds to additional funding by the Natural Sciences and Engineering Research Council of Canada (NSERC) that the team received earlier this year.
As the world looks to quickly decarbonize transportation and industry, hydrogen demand is expected to increase dramatically, from $130B today to $2.5T in 2025, according to the Hydrogen Council. There is an urgent need to develop new low-cost and low-carbon technologies for hydrogen production. Aurora Hydrogen is scaling their proprietary and highly efficient microwave pyrolysis technology to produce hydrogen and solid carbon without generating CO2 emissions or consuming water. Aurora's technology is highly scalable, with units that can supply a broad range of applications from distributed fueling to hydrogen injection and industrial processes.
Hydrogen production from the Aurora technology has the potential to significantly reduce global CO2 emissions by over 900 million tonnes per year. Additionally, Aurora uses 80% less electricity than electrolysis, the conventional method of producing clean hydrogen, requiring far less electrical generation capacity per kg of hydrogen. And, unlike electrolysis, the process does not require water as a feedstock, preserving another critical and scarce resource.
"At Aurora, we are producing low-cost hydrogen at the point of use, at the exact scale required, and without generating any CO2," said Andrew Gillis, CEO, Aurora Hydrogen. "We use existing energy pipelines and distribution systems to move the energy, then produce hydrogen where it's needed, eliminating the need for any new costly hydrogen transportation infrastructure."
The recent funding will be used to build and operate a 200 kg-H2/day demonstration plant for field trials in Edmonton, Canada. Current hydrogen production is either expensive and distributed or low-cost and centralized, requiring additional costs to transport. Aurora's technology has the potential to unlock many new hydrogen markets and applications by providing low-cost hydrogen at the point of use, fast-tracking the path to decarbonization in heavy transportation, residential and commercial heating, and many industrial processes.
"Energy Innovation Capital invests in innovative companies commercializing technology for clean, abundant and affordable energy for all," said Christopher Smith, managing director, Energy Innovation Capital. "Aurora's novel and thermodynamically sound approach has the opportunity to decarbonize the current carbon intensive hydrogen industry and lead the commercialization of new low-carbon hydrogen applications. The team at Aurora is uniquely positioned to produce hydrogen in one of the fastest, most economical and cleanest ways ever seen on the market."
Aurora Hydrogen's founding team is made up of Andrew Gillis, PhD, MBA, P.Eng, Erin Bobicki, PhD, P.Eng, and Murray Thomson, PhD, P.Eng. Andrew has spent over a decade in the development, scale-up, and commercialization of clean technology in the natural resource industry; Erin is a world-leading expert in novel applications of microwave energy for industrial processes; and Murray is a world-leading expert in thermofluid reactions with a focus on combustion and pyrolysis.
"Aurora has assembled an impressive strategic investor syndicate to commercialize and scale emissions-free hydrogen that includes two of the world's largest energy companies and a leading U.S. energy infrastructure company," added Smith. "Aurora can be a significant contributor to achieving global net-zero targets and is very well aligned with EIC's focus on the future of energy, Chevron's commitment to industrial decarbonization and energy decentralization, Shell's strategy to invest in low carbon energy and Williams' hydrogen development program. The syndicate provides Aurora a powerful commercialization platform with global reach."
About Aurora Hydrogen
Aurora Hydrogen is developing a clean hydrogen production technology that utilizes efficient microwave energy without generating any CO2 emissions or consuming water. The technology is highly scalable, units can be installed anywhere and can scale from small fueling stations to the largest industrial applications. Hydrogen production using Aurora's technology has the potential to reduce global CO2 emissions by over 900 million tonnes per year. The company was founded in 2021 and is based in Edmonton, Canada. For more information, please visit: www.aurorahydrogen.com.
About Energy Innovation Capital
Energy Innovation Capital is the premier capital provider for innovators serving the energy industry. EIC provides early and growth-stage funding for visionary entrepreneurs tackling global energy challenges with transformative, market-leading solutions. EIC's team leverages our industry expertise, networks and collaborative approach to help talented entrepreneurs push the boundaries of what's possible and build great companies. To learn more, visit www.energyinnovationcapital.com.
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SOURCE Aurora Hydrogen | https://www.kxii.com/prnewswire/2022/08/01/aurora-hydrogen-raises-10m-develop-emission-free-low-cost-hydrogen-technology/ | 2022-08-01T14:28:15Z |
Partnership Integrates Parchment As EAB's In-Application Transcript Request Service
SCOTTSDALE, Ariz., June 8, 2022 /PRNewswire/ -- Today Parchment, the industry leader in academic credentials management, announced a partnership with EAB, the leading provider of education research, technology, and marketing and enrollment solutions, to integrate Parchment for requesting transcripts and supporting admissions documents for EAB undergraduate member institutions. The partnership brings Parchment's national network and best-in-class transcript solutions to learners, Counselors, and Admissions Offices, which will make the process of requesting, fulfilling, and receiving official documents faster and smoother.
Enrollment declines continue to challenge higher education admissions offices. With the percentage of high school graduates applying for college declining, creating a simple way for learners who have applied to complete their applications becomes paramount to meeting enrollment goals. To reduce the friction that affects learners completing applications, EAB is integrating Parchment as its in-application transcript and supplemental document request solution so that EAB partner institutions can make it easier for students to apply to their schools.
EAB and Parchment's partnership offers advantages for all parties invested in helping learners apply and enroll in college.
Learners
With Parchment, learners no longer have to take multiple, disconnected steps to complete college applications. EAB's integration of Parchment's modern ordering experience makes it easy for college applicants to collect all documents from their high school seamlessly from EAB's leading custom application platform. Parchment also gives learners a single place to collect, manage, and order all of the credentials they earn throughout their life.
Higher Education Admissions Offices
Colleges and universities see faster application completion times through Parchment's modern request and fulfillment process. Adding the High School Counselors and Registrars that get requests from EAB's 140+ colleges and universities to the 6.2K schools and districts already in the Parchment network, Admissions Offices have a more unified inbox where all their application documents can be collected and managed. Institutions with Parchment Receive Premium will also benefit from application files, transcripts and supporting documents automatically being delivered into their CRM, imaging system, or SIS.
High Schools and Districts
The EAB and Parchment partnership will enable all high schools in the US to use Parchment services to streamline the process for sending official admission documents to colleges. High schools who are already using Parchment will have these new application-driven requests seamlessly integrated into their existing workflow, making the pathway for undergraduate admissions even easier. Now all High School Counselors and Registrars are able to save significant time and have confidence that their learners' records are protected by the most trusted partner in credential exchange.
"For more than 30 years, EAB has worked to reduce barriers to student enrollment," said Chris Marett, President of Marketing and Enrollment Solutions at EAB. "Partnering with Parchment gives our college and university partners another way to reduce friction in the application process to help boost their enrollment."
"The people at EAB and Parchment believe that postsecondary education transforms lives. We are excited about this partnership as it smooths the path for learners in pursuit of their postsecondary goals," said Kevin Martin, General Manager of Higher Education at Parchment. "Our platform was built to create a seamless exchange of credentials and our partnership with EAB will help Admissions Offices efficiently collect and process applications, getting decisions to learners faster and increasing their likelihood to enroll."
"High schools and districts are under-resourced and strapped for time," said Sarah Kiley, General Manager of K-12 at Parchment. "Giving Counselors and Registrars a streamlined way to support their learners' college pathway will give them back much needed time to engage with their learners in meaningful ways."
For more information, visit parchment.com and eab.com.
About Parchment
Parchment believes credentials matter in the lifelong journey of a learner. Offering the most comprehensive academic credential management platform, Parchment helps learners, academic institutions and employers request, verify and share transcripts, diplomas, and other credentials in simple and secure ways. Our platform has helped millions of learners, over 13K districts, university registrar offices, state education agencies, and receivers (including university admissions offices, background check companies, employers, college application services, OPMs, and certification and licensing boards) exchange more than 140 million transcripts, diplomas, certificates, comprehensive learner records (CLRs) and other credentials globally. Parchment is headquartered in Scottsdale, AZ and Melbourne, Australia, with offices in Roseville, CA and Loveland, OH. We help turn credentials into opportunities. Follow Parchment on Twitter, Facebook and LinkedIn.
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SOURCE Parchment LLC | https://www.wibw.com/prnewswire/2022/06/08/parchment-eab-partner-streamline-application-completion-institutions/ | 2022-06-08T17:44:07Z |
(NEXSTAR) – Nine newly-designated trails in seven states will add nearly 600 miles to the National Trails System, which already includes more than 1,300 trails throughout the U.S. and Puerto Rico.
Secretary of the Interior Deb Haaland announced the designations in celebration of Great Outdoors Month and National Trails Day on June 4.
National recreation trails are jointly overseen by the National Park Service and the U.S. Forest Service, often alongside federal and nonprofit partners. Unlike national parks, trails can be designated by either the Secretary of the Interior or the Secretary of Agriculture on existing local or regional trails. National recreation trails are managed locally but “recognized for their contribution to the Nation’s system of public trail access and outdoor enjoyment,” according to NPS.
Among the new trails is Florida’s Seven Mile Loop Trail in the Crystal River Preserve State Park about 85 miles north of Tampa. Primarily on limestone, the trail takes hikers, runners, and bikers over three tidal creeks, which ebb and flow with the ocean tides.
To the north is another new recreation trail, the South Carolina Revolutionary Rivers Trail. Found in the state’s Florence County, the 60-mile trail follows the Lynches Scenic River to “the cypress and tupelo laden stomping grounds of Revolutionary War hero General Francis Marion.” Visitors can paddle into the swampland like Marion and his fellow soldiers could hide from the British.
Further up the East Coast is Virginia’s Back Bay National Wildlife Refuge Trail System. Comprised of seven interconnected trails covering just under three miles, the system is home to seven habitats to explore. Originally established in 1938, the Back Bay National Wildlife Refuge is located on the southeast corner of Virginia Beach.
Two trails in New York received national recognition – the Inwood Hill Park Orange Trail and the New York State Canalway Water Trail. The first traverses 1.43 miles through Manhattan’s only forest while the latter covers 450 miles of upstate New York waterway flows.
Ohio also has two trails receiving national recognition: the Conotton Creek Bike Trail and the Little Miami State Park. About 73 miles south of Akron, the Conotton Creek Bike Trail stretches over 11 miles along a former rail line. The Little Miami State Park spans 50 miles of a former rail line along the Little Miami River in southwestern Ohio.
To the west is Missouri’s Fulbright Spring Greenway Trail, a nearly seven-mile-long loop commonly referred to as “the emerald necklace.” Found near Springfield, it connects four parks, a school, subdivisions, and other trail systems. Texas’ Bob Woodruff Park and Oak Point Park and Nature Preserve Trails round out the newest trail installations. The almost 10-mile-long trail connects two parks, encompassing 1,100 acres.
Haaland’s announcement of nine new trails is part of the Biden-Harris administration’s “America the Beautiful” initiative, which aims to “conserve, connect, and restore” one-third of the U.S.’s lands and waters by 2030 “for the sake of our economy, our health, and our well-being.”
Agencies, state entities, and local communities can nominate a trail for national recognition. To receive status, trails must meet set criteria. That includes the trail being open to public use for at least 10 consecutive years, complying with applicable land use plans and laws, and supported in a letter from its respective State Trail Administrator. | https://cw33.com/news/nexstar-media-wire/nearly-600-miles-have-been-added-to-the-national-trails-system-heres-where/ | 2022-06-12T13:27:50Z |
Neighborhood cameras help nab two burglary suspects in Shawnee Co.
TOPEKA, Kan. (WIBW) - Authorities are crediting the help of the community and use of neighborhood cameras for nabbing two burglary suspects.
The Shawnee County Sheriff’s Office said overnight on June 2nd several thefts were reported and a 2014 Lincoln MKX SUV was stolen in the 6000 block of SW Pointe Dr. They said the stolen items were worth thousands of dollars and included cash, personal items, financial cards, and more.
The sheriff’s office said they used neighborhood and local businesses cameras during the investigation to gather photos and videos of where the stolen credit cards were used. They also used social media to ask the community for help identifying the two people involved.
A little over a week later, authorities arrested the pair involved. Aaron Griffith, 25, of Topeka was found June 14th by Topeka Police in the 2400 block of SW Hillcrest Rd. Halie Clinton, 27, of Topeka was taken into custody that same day by deputies near SW 61st St. and SW Urish Rd. following a hit and run investigation. They said she also had a warrant for her arrest.
Griffith was booked for conspiracy, identity theft, burglary to a vehicle, theft, criminal damage and criminal use of a financial charge. He also faces additional charges from the Topeka Police Department.
Clinton faces charges of conspiracy to commit burglary.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/21/neighborhood-cameras-help-nab-two-burglary-suspects-shawnee-co/ | 2022-06-21T15:06:55Z |
Responsibilities include product management, technology advancement, and overseeing the training department and support teams to drive growth for the Motto Mortgage and wemlo brands
DENVER, June 9, 2022 /PRNewswire/ -- Motto® Mortgage, the first and only national mortgage brokerage franchise in the U.S., and wemloSM, the first third-party mortgage processing solution with an all-in-one digital platform, today announces it has appointed industry veteran, Chris Erickson, as Vice President of Product & Strategy for both brands.
Chris brings nearly two decades of experience in the financial services industry, previously serving as VP of Product Management for Guaranteed Rate, Head of Product for Rental Property Solutions at CoreLogic, Assistant VP & Product Manager for Mr. Cooper (previously Nationstar Mortgage) and holding various product management roles at CitiBank, Caliber and Primary Residential Mortgage. Throughout his career, Chris has been heavily involved in the end-to-end mortgage origination process, overseeing the strategic, tactical product management, and development of mortgage origination workflow solutions. His work has also been integral to building proprietary systems that create improved, simplified and easy-to-use platforms for end users.
"We are thrilled to welcome Chris to the team to help propel the growth of these young, thriving brands," said Ward Morrison, President and CEO of Motto Franchising, LLC and wemlo, LLC. "His extensive industry experience has allowed him to learn the challenges originators and consumers face in the home buying experience and he will work to develop solutions that improve and streamline the process for our franchisees and customers."
In his new role, Erickson's primary responsibilities include product management, the procurement and advancement of technology solutions, and overseeing the training department and support teams for Motto Mortgage and wemlo. For the Motto Mortgage brand, Chris's primary focus is to ensure the product ecosystem for franchisees is streamlined. He will also work to introduce new technology to the mortgage broker network that will allow franchisees to build and scale their businesses more effectively. For wemlo, Erickson will focus on enhancing the existing loan processing platform to improve user experience and continue building unique and innovative technology solutions for the mortgage brokerage channel.
"I've always prided myself on being a leader who turns ideas into action, leveraging my refined skill set to take a concept from ideation to go-to-market in the most effective way," said Chris Erickson, VP of Product & Strategy. "I am excited to join the Motto and wemlo teams during this time of rapid growth and am honored to be leading the charge in the development of an origination platform that is poised to disrupt the mortgage industry."
Each Motto Mortgage franchise is independently owned, operated and licensed. To learn more about Motto Mortgage, visit www.MottoMortgage.com. For more information on wemlo, visit www.wemlo.io.
The Motto Mortgage network is breaking the mold by giving the power of choice back to consumers with less jargon, more transparency, and even more options to choose from as they shop for the right home loan. With over 175 offices open in almost 40 states, Motto Franchising, LLC's unique national franchise mortgage brokerage model is the first of its kind in the United States. Created to disrupt the mortgage industry, the Motto Mortgage network connects loan originators and real estate agents to provide a seamless, personalized experience and one-stop shop for consumers. Motto Mortgage is the second member of the RE/MAX Holdings, Inc. family of brands. Each Motto Mortgage office is independently owned, operated and licensed. To learn more about Motto Mortgage, or for license information for a Motto Mortgage office, email newsroom@mottomortgage.com, or visit www.mottomortgage.com/offices.
wemlo℠ NMLS #1853218, is a technology-focused mortgage loan processing startup that is reshaping the mortgage broker channel. It developed the first service for mortgage brokers, combining third-party loan processing with an all-in-one digital platform. Its product is marketed and sold to mortgage brokerages and loan originators across the country. Wemlo is a subsidiary of RE/MAX Holdings, which includes RE/MAX®, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage®, the first national mortgage brokerage franchise brand in the U.S.
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SOURCE Motto Mortgage; wemlo | https://www.wibw.com/prnewswire/2022/06/09/motto-mortgage-wemlo-appoint-industry-veteran-chris-erickson-new-vice-president-product-amp-strategy/ | 2022-06-09T13:47:39Z |
As summer sets in, warm bowls of chewy, satisfying ramen and soba can take a refreshing turn to become the center of refreshingly chilled salads such as hiyashi chuka.
The Japanese dish typically is served as a cone of chilled ramen noodles covered with julienned strips of several ingredients, including cucumber, ham, omelet, ginger and carrot. Poached shrimp and chicken also are common additions.
We took loose inspiration from this salad for a chilled noodle recipe in our book “COOKish,” which limits recipes to just six ingredients without sacrificing flavor. Paring down the ingredient list to essentials was key, and happily shrimp, scallions, noodles and a flavorful dressing didn’t leave us needing more. That’s partly thanks to using seasoned rice vinegar, which is flavored with sugar and salt, making it a three-in-one ingredient that punches above its weight.
When shopping, look for non-instant dried ramen, sometimes called chukamen or chuka soba; the noodles may be straight or curly. Additional options for topping the salad include shredded carrots, slivers of tomato and shredded lettuce.
Ramen salad with shrimp and scallions
Start to finish: 25 minutes
Servings: 4
10 ounces non-instant dried ramen noodles
⅓ cup low-sodium soy sauce
2 tablespoons seasoned rice vinegar
2 teaspoons toasted sesame oil, plus more to serve
1 pound cooked, peeled shrimp, cut into ½-inch pieces OR 2 cups cooked shredded chicken
1 bunch scallions, thinly sliced OR 1 small cucumber, halved lengthwise and thinly sliced OR both
Cook the noodles in a large pot of boiling water until tender, then drain, rinse with cold water and drain again. In a large bowl, mix the soy, vinegar and sesame oil. Add the noodles and toss. Divide among 4 serving bowls, then top with shrimp and scallions. Drizzle each portion with additional sesame oil.
Optional garnish: Toasted sesame seeds OR pickled ginger OR both
Editor’s note: This story was distributed by The Associated Press. For more recipes visit www.tdtnews.com/life/food. | https://www.tdtnews.com/life/food/article_7b9def28-fc66-11ec-ba95-3789673defe4.html | 2022-07-06T07:46:29Z |
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