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RANCHO MIRAGE, Calif. (AP) — Jennifer Kupcho started fast and kept on going Saturday in The Chevron Championship to take a six-stroke lead into the last round ever at Mission Hills in the major championship.
Kupcho shot an 8-under 64 on anther hot and sunny afternoon in the Coachella Valley for a tournament-record 16-under 200 total — also the lowest three-round score in a women’s major.
“Everything was working,” Kupcho said. “I mean, seriously, this week I think my putting is definitely the props. I have putted really well and you got to make putts in a major championship.”
Defending champion Patty Tavatanakit, playing alongside Kupcho in the second-to-last group, was second after a 70. The Thai player declined to comment after the round.
Kupcho moved into position to win for the first time on the LPGA Tour and take the last victory leap in Poppie’s Pond, three years after passing up a spot in the event to play and win that week in the inaugural Augusta National Women’s Amateur. She watched the Augusta event before her late tee time Saturday.
“That was pretty cool and just brings back those good memories,” Kupcho said. “I don’t know if that was positive vibes, but definitely did watch that. I think it helped to get my mind off this tournament.”
The event that started in 1972 as the Colgate-Dinah Shore Winner’s Circle and became a major in 1983 is moving to Houston after failing to attract a sponsor willing to keep it at history-packed Mission Hills.
Kupcho birdied eight of the first 12 holes in mostly calm conditions. After an opening par, the 24-year-old former Wake Forest star from Colorado birdied the next four. She added a birdie on No. 8 and opened the back nine with three straight birdies.
“Honestly, it’s all a blur,” Kupcho said. “I mean, I hit the fairways, hit the greens and really was just trying to put smooth putting strokes on them. That’s what I did, and they fell.”
Tavatanakit appeared to be in position to cut into the lead on the par-5 11th when she hit her 256-yard second to 6 feet, with Kupcho in the left greenside bunker in two. But Tavatanakit missed the eagle putt and Kupcho got up-and-down for birdie, holing a 6-footer to match Tavatanakit.
Both players bogeyed the par-4 13th, and Kupcho stretched the lead to seven on the par-3 17th when she made a 10-foot birdie putt and Tavatanakit bogeyed the hole. Tavatanakit got one back with a birdie on the par-5 18th.
Kupcho broke the 54-hole record of 14 under set by Pernilla Lindberg in 2018 and matched by Tavatanakit last year. Dottie Pepper set the 72-hole mark of 19-under 269 in 1999.
Kupcho also matched her lowest tour score, hitting all but one fairway and three greens in regulation on the tree-lined layout.
“It’s really special, just to be out here,” Kupcho said. “I love this place. I love stepping on property. You just get positive vibes. It’s such a beautiful course, so I think just taking it all in. But then again, just once it’s time to hit a shot, focusing on that shot.”
Jessica Korda was third at 9 under after a 67.
“They’re baking out these greens, so it’s really tough and you got to keep figuring out where to land it and how much it might roll out,” Korda said. “It’s playing a pretty big factor, especially on some of these pins.”
Annie Park shot a 73 to fall to 7 under.
Lexi Thompson, the 2014 champion, had a 71 to match Brooke Henderson (67), Hannah Green (68), Gabriela Ruffels (71), Hyo Joo Kim (73) and Nanna Koerstz Madsen (72) at 6 under.
“Score-wise, obviously, I have to shoot like lights out, but honestly just overall enjoying every single step of being the last round out here,” Thompson said. “Hopefully, they can get another event out here.”
Koerstz Madsen has a playoff victory and loss in her last two starts, beating Xiyu Lin three weeks ago in Thailand to become the first Danish winner in LPGA Tour history and losing to Atthaya Thitikul last week in Carlsbad.
Second-round leader Hinako Shibuno had a 77 to drop 12 strokes back.
Top-ranked Jin Young Ko, the 2019 winner, was even par after a 74.
Brooke Seay, the Stanford junior who turned down a spot at Augusta to play the final event at Mission Hills, was the only one of the four amateurs in the field to make the cut. She was 1 over after a 75.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/kupcho-takes-6-shot-lead-into-mission-hills-major-finale/
| 2022-04-03T18:42:57Z
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Investment and expansion plans position Repeats as a leader in low-density polyethylene recycling in Europe
AMSTERDAM, June 1, 2022 /PRNewswire/ -- Repeats Group B.V. ("Repeats"), a pan-European plastics recycling platform focused on producing high-quality recycled low-density polyethylene ("LDPE"), today announced that it has made an investment in Daly Plastics ("Daly Plastics," "Daly" or the "Company"), a producer of recycled LDPE located in the eastern part of the Netherlands, near Apeldoorn. Financial terms of the transaction were not disclosed. Repeats is a portfolio company of Ara Partners ("Ara"), a global private equity firm focused on industrial decarbonization.
Repeats' investment in Daly Plastics is an important step in building a pan-European plastics recycling platform. Under Repeats' leadership, Daly plans to nearly double its production capacity to meet the growing demand for recycled LDPE in Europe. The Daly investment builds on Repeats' initial base in Spain, with expansion to other European countries envisioned for later this year.
Daly Plastics utilizes a mechanical process to transform plastic waste from commercial, industrial and agricultural sources into resin suitable for commercial and industrial applications. Daly Plastics, which has supplied recycled LDPE resin to leading customers for over 35 years, is led by Peter Daalder, who has worked at Daly Plastics since its creation in 1985. Mr Daalder will continue leading the Dutch operations and its expansion plans.
"Daly Plastics has an outstanding reputation in the industry as a leading LDPE recycler in the Netherlands and Western Europe," said Greg Rung, Repeats' CEO. "We are thrilled to have Peter Daalder and his team join Repeats and look forward to building on their success to date. We see significant opportunity for Daly Plastics to continue to penetrate the Dutch and German markets while being able to serve more international clients thanks to higher-quality plastic flakes produced with the latest technology available."
"We are excited to partner with Repeats and Ara to further expand our operations and geographic reach," said Peter Daalder, CEO of Daly. "We share Repeats' ambition to become a leading LDPE recycler in Europe and view our efforts as mission-critical to establish a circular solution for the growing plastic waste problem in Europe."
"We are very impressed with the business that Peter, his family and the entire Daly team have built," said Tuan Tran, a Partner at Ara Partners. "The Repeats platform is well positioned for rapid growth and we envision building the largest independent producer of recycled LDPE resins in Europe. Our investment in Daly Plastics will have a meaningful impact on our continuous efforts to decarbonize the European plastics market."
Based in the Netherlands, Repeats — Recycled PE AT Scale — is a pan-European plastics recycling platform transforming polyethylene ("PE") plastic waste into resin suitable for a variety of commercial and industrial flexible plastic applications. Repeats has also invested in Anviplas, a LDPE recycler based in Catalonia in December 2021. For more information on Repeats, please visit www.repeats-group.com.
Founded in 1985 and based in Zutphen, Netherlands, Daly Plastics produces recycled LDPE from both from post-consumer and post-agricultural plastic waste which can be used in packaging applications. For more information on Daly Plastics, please visit www.dalyplastics.nl
Ara Partners is a private equity firm specializing in industrial decarbonization investments. Ara Partners invests in the industrial & manufacturing, chemicals & materials, energy efficiency & green fuels and food & agriculture sectors, seeking to build businesses that provide significant decarbonization impact. It operates from offices in Boston, Massachusetts, Houston, Texas and Dublin, Ireland. Ara Partners closed its second fund with approximately $1.1 billion in capital commitments in September 2021. For more information on Ara Partners, please visit www.arapartners.com
Contacts
Mark Semer / Alex Jeffrey
Gasthalter & Co. LP.
arapartners@gasthalter.com
(212) 257-4170
View original content:
SOURCE Ara Partners
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https://www.kxii.com/prnewswire/2022/06/01/repeats-group-invests-daly-plastics-expand-pan-european-plastics-recycling-platform/
| 2022-06-01T10:23:50Z
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Vaccinated Yankees bring full roster, win streak to Toronto
TORONTO (AP) — All members of the New York Yankees’ active roster were permitted to cross the border into Canada for a three-game series in Toronto against the Blue Jays, indicating they are vaccinated against COVID-19. Canada’s government requires a person must have received a second vaccine dose — or one dose of Johnson & Johnson — at least 14 days prior to entry. During spring training, Yankees slugger Aaron Judge refused to directly answer a question about his vaccine status.
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https://localnews8.com/sports/ap-national-sports/2022/05/02/vaccinated-yankees-bring-full-roster-win-streak-to-toronto/
| 2022-05-02T23:22:15Z
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NEW YORK (AP) — When camp counselor Allie Tarantino was flipping through a magazine years ago, he came upon a familiar name: Mark Zuckerberg. He rifled through boxes of memorabilia in his basement, running his fingers over old photos, newspapers and bus maps before finding a baseball card featuring a very young Zuckerberg grinning in a red jersey and gripping a bat.
Three decades later, Tarantino is hoping that a signed baseball card featuring one of the richest men in the world will bring a fortune when it is put up for auction next month.
“It’s like my version of a midlife crisis. I’m 50 years old — what am I going to do with this?” Tarantino joked.
As told by Tarantino — who still works summers at Elmwood Day Camp in Westchester, New York — Zuckerberg, then age 8 or 9, offered the card he’d had printed as a parting gift at the end of camp 30 years ago.
“As somebody who collects things, it’s always really difficult to part with whatever you have in your collection. But I’ve always been like weirdly curious about how the public would react to something that’s like this that’s a weird combination of pop culture and memorabilia,” he said.
The card will also be auctioned off as a digital collector’s item — a so-called NFT, or non-fungible token, that has become a popular way to own memorabilia.
Zuckerberg posted about the auction Thursday on Instagram, partly as a way to promote NFT technology in general, but also to help promote NFTs across his company’s platforms.
Meta, the parent company of Facebook and Instagram, has recently launched support for digital collectibles.
“We’re going to auction off the card against a one-of-a-kind NFT of the card,” said Stephen Fishler, founder of ComicConnect, which is auctioning off the items.
He called it “a virtual steel cage match,” with bidding on the physical card in U.S. dollars and the NFT done in Ethereum blockchain currency.
Fishler said he’s uncertain of the value of the items, considering they aren’t the usual kinds of memorabilia put up for auction.
In recent years, there’s been lots of interest in collectors’ items involving athletes. Rare baseball cards have gone for millions of dollars. A mint-condition baseball card of Mickie Mantle is expected to fetch $10 million, perhaps more, when it is sold at auction later this month.
Tarantino, now a 5th grade teacher in Connecticut, held on to the Zuckerberg baseball card, not knowing when he filed it away in his basement that the kid would someday become a household name and would be responsible for one of the biggest technological advancements — or time wasters — in social networking.
“I’m a sentimentalist at heart. When people give me something, I hold on to it, I’ve kind of always been like that,” Tarantino said Wednesday evening.
“He was definitely a kid you knew and remembered. I was the kind of kid who just kind of blended into the background. He wasn’t one of those kids,” he said.
Zuckerberg was already larger than life, Tarantino said. “On the back of his card, he put a .920 batting average — which is like impossible in baseball. So even as a little kid, he was aiming big.”
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https://cw33.com/news/nexstar-media-wire/how-much-is-zuckerberg-worth-camp-counselor-selling-baseball-card-signed-by-former-camper/
| 2022-08-04T21:29:05Z
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CORAL SPRINGS, Fla., Aug. 5, 2022 /PRNewswire/ -- AmBase Corporation ("AmBase" or the "Company") (OTC: ABCP) announced today a net loss of $983,000 or $0.02 per share for the three months ended June 30, 2022 and a net loss of $2,040,000 or $0.05 per share for the six months ended June 30, 2022.
For the three months and six months ended June 30, 2021, the Company recorded a net loss of $1,234,000 or $0.03 per share and a net loss of $2,869,000 or $0.07 per share, respectively.
Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted or quantified. Forward-looking statements can be identified by such words as "estimates," "expects," "anticipates," "believes," "plans," "intends" and variations of such words and similar expressions. The Company cautions readers that a variety of factors could cause the Company's actual results to differ materially from the anticipated results or other expectations expressed in the Company's forward-looking statements. These risks and uncertainties, many of which are beyond the Company's control, include, but are not limited to those set forth under the heading "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q, which are incorporated herein by reference. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.
The information in this press release should be read in conjunction with the AmBase Corporation's Quarterly Report on Form 10-Q for the year-to-date period ended June 30, 2022, filed with the Securities and Exchange Commission. A more complete discussion of the Company's annual results and the Company's affairs is included in AmBase Corporation's Annual Report on Form 10-K for the annual period December 31, 2021, filed with the Securities and Exchange Commission.
View original content:
SOURCE AmBase Corporation
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https://www.mysuncoast.com/prnewswire/2022/08/05/ambase-reports-results-second-quarter-six-months-ended-june-30-2022/
| 2022-08-05T19:50:42Z
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Dems seem headed toward triumph on climate, health
WASHINGTON (AP) — It’s been more than a year in the making and has seen plenty of ups and downs. Now, a Democratic economic package focused on climate and health care faces hurdles but seems headed toward party-line passage by Congress next month.
Approval would let President Joe Biden and his party claim a triumph on top priorities as November’s elections approach. They have not forgotten that they came close to approving a far grander version of the bill last year, only to see Sen. Joe Manchin, D-W.Va., one of their most conservative and contrarian members, torpedo it at the eleventh hour.
This time, Senate Majority Leader Chuck Schumer, D-N.Y., has crafted a compromise package with Manchin, to the surprise of everyone, transforming the West Virginian from pariah to partner. The measure is more modest than earlier versions but still checks boxes on issues that make Democrats giddy.
Here’s what they face:
WHAT’S IN IT?
The measure would raise $739 billion in revenue over 10 years and spend $433 billion. More than $300 billion would be left for trimming federal deficits.
Those are meaningful cuts in red ink. But they’re tiny compared with the $16 trillion in new debt the nonpartisan Congressional Budget Office estimates will accumulate over the next decade.
The package would save consumers and the government money by curbing prescription drug prices, and it would subsidize private health insurance for millions of people. It would bolster the IRS budget so the tax agency can collect more unpaid taxes.
The plan would foster clean energy and offshore energy drilling, a balance demanded by Manchin, a champion of fossil fuels. It also would collect new taxes from the largest corporations and wealthy hedge fund owners.
It’s a fraction of the $3.5 trillion package that Biden proposed early in his presidency, which also envisioned sums for initiatives such as paid family leave and universal preschool. It’s also smaller than the roughly $2 trillion alternative the House passed last November after Manchin demanded cuts then derailed the deal anyway, citing inflation fears.
___
IT’S NOW CALLED THE “INFLATION REDUCTION ACT,” BUT ...
... will it do that? It certainly could, but there are dissenters.
First, some context.
By one inflation measure the Federal Reserve studies closely, prices jumped 6.8% in June from a year ago, the biggest increase in four decades. That followed government figures showing the economy shrank anew last quarter, fueling recession worries.
“Improved tax collection, drug savings, and deficit reduction would put downward pressure on inflation,” the Committee for a Responsible Federal Budget said Friday. In what passes for a rave review, the bipartisan fiscal watchdog group called the legislation “exactly the kind of package lawmakers should put in place to help the economy in a number of ways.”
“Deficit reduction is almost always inflation-reducing,” Jason Furman, a Harvard University economics professor who was a top economic adviser to President Barack Obama, wrote Friday in The Wall Street Journal. He said the measure would also “reduce inflation by slowing the growth of prescription-drug prices.”
A more sobering assessment came from the University of Pennsylvania’s Penn Wharton Budget Model, which analyzes economic issues.
“The act would very slightly increase inflation until 2024 and decrease inflation thereafter,” the group wrote Friday. “These point estimates are statistically indistinguishable from zero, thereby indicating low confidence that the legislation will have any impact on inflation.”
A chorus of Republicans say Democrats’ bill would be widely damaging. Senate Minority Leader Mitch McConnell, R-Ky., calls it “a giant package of huge new job-killing tax hikes, Green New Deal craziness that will kill American energy, and prescription drug socialism that will leave us with fewer new life-saving medicines.”
___
CHANGES AHEAD
The 725-page measure will probably still change somewhat.
Schumer said this past week that Democrats planned to add language aimed at reducing patients’ costs of insulin, the diabetes drug that can cost hundreds of dollars monthly.
Insulin price curbs were a highlight of Democrats’ bigger package last year, including a $35 monthly cap for patients who get the drug through Medicare or private insurers. But that fell out this year as the measure was trimmed.
Sens. Jeanne Shaheen, D-N.H., and Susan Collins, R-Maine, have produced a bill capping insulin’s price. That measure’s prospects diminished after the nonpartisan Congressional Budget Office estimated it would cost about $23 billion and actually increase the price of insulin. The two lawmakers also haven’t produced the 10 Republicans who would be needed to succeed in the 50-50 Senate, where most bills need 60 votes.
It’s unclear what the Democrats’ new insulin language would do. Prior language that required private insurers to set a $35 monthly insulin cap may violate the chamber’s rules, which only allow provisions primarily affecting the federal budget.
In addition, under the process Democrats are using to move the measure through the chamber by a simple majority, with Vice President Kamala Harris’ tiebreaking vote, it would face multiple amendments in a voting session that can run through the night, and there is no telling whether some will pass.
___
PROSPECTS
Every Republican seems poised to vote “no.”
Democrats will need all 50 of their own votes in the Senate, where unpredictable Sen. Kyrsten Sinema, D-Ariz., has yet to state her view.
Democrats can lose no more than four House votes to succeed there. Speaker Nancy Pelosi, D-Calif., said Friday that when the Senate approves the package, “We’ll pass it.”
Schumer wants Senate passage next week. He acknowledged that timeline is “going to be hard” because it will take time for the chamber’s parliamentarian to make sure the bill conforms to Senate rules.
This will also take luck. All 50 Democrats, including both independents who support them, will have to be healthy enough to show up and vote.
That’s not guaranteed. The latest, extremely contagious COVID-19 variant is spreading around the country. And the chamber has 33 senators who are 70 years old or more, including 19 Democrats.
Sen. Richard Durbin, D-Ill., 77, was the latest senator to announce he’d contracted the disease. Sen. Patrick Leahy, D-Vt., 82, has been out after hip surgery. Both are expected back next week.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/07/30/dems-seem-headed-toward-triumph-climate-health/
| 2022-07-30T16:15:00Z
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--Record EU DG revenues, high-volume shipments commenced for US Utility-Scale--
-- Maxeon 7 ready to scale with funding secured --
SINGAPORE, Aug. 18, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results for the second quarter ended July 3, 2022.
Maxeon's Chief Executive Officer Jeff Waters noted, "Demand for our technology continues to strengthen, in part because of our direct-to-installer model in DG and our exposure to the US utility-scale business. The DG business posted another record for EU revenues based on higher volume, panel price increases and growing Beyond the Panel mix. In the US, we completed our first direct deliveries to commercial customers and began building the domestic sales team for our residential channel. Utility-scale demand is another bright spot in the US where we added another 1.2 gigawatts of bookings and executed our first contract with price adjustment mechanisms designed to ensure we secure margins consistent with our long-term financial model."
Commenting on result of the Company's fund raising effort, Waters added, "We recently announced a $207 million private convertible bond issuance to our significant shareholder TZE. This transaction will provide the necessary funding for our Maxeon 7 conversion project in the Philippines and Mexico, among other things. This transaction also highlights TZE's continued commitment to, and confidence in, Maxeon's success."
Continued Waters, "In the second quarter of 2022, Maxeon executed further on our multi-year capacity transformation with notable progress on Maxeon 6, Maxeon 7 and our North America Performance Line. We've produced our last ever Maxeon 5 module and are on track to have a fully utilized half gigawatt of Maxeon 6 capacity later this year. The Maxeon 7 pilot line achieved its performance targets and, with funding recently secured, we now plan to scale the technology. Our Performance Line remains on track to reach 1.8 gigawatts early next year and based on recent passage of the Inflation Reduction Act, we are accelerating plans to add an incremental 3 gigawatts in the US."
Third Quarter 2022 Outlook
For the third quarter of 2022, the Company anticipates the following results:
These anticipated results for the third quarter of 2022 are preliminary, unaudited and represent the most current information available to management. The Company's business outlook is based on management's current views and estimates with respect to market conditions, production capacity, the uncertainty of the continuing impact of the COVID-19 pandemic, and the global economic environment. Please refer to Forward Looking Statements section below. Management's views and estimates are subject to change without notice.
For more information
Maxeon's second quarter 2022 financial results and management commentary can be found on Form 6-K by accessing the Financials & Filings page of the Investor Relations section of Maxeon's website at: https://corp.maxeon.com/investor-relations. The Form 6-K and Company's other filings are also available online from the Securities and Exchange Commission at www.sec.gov.
Conference Call Details
The Company will hold a conference call on August 18, 2022, at 5:30 PM U.S. ET / August 19, 2022, at 5:30 AM Singapore Time, to discuss results and to provide an update on the business.
To join the live conference call, participants must first register here, where a dial-in number will be provided.
A simultaneous webcast of the conference call will be available on Maxeon's website at https://corp.maxeon.com/events-and-presentations. A webcast replay will be available on Maxeon's website for one year at https://corp.maxeon.com/events-and-presentations.
About Maxeon Solar Technologies
Maxeon Solar Technologies Ltd (NASDAQ: MAXN) is Powering Positive ChangeTM. Headquartered in Singapore, Maxeon designs and manufactures Maxeon® and SunPower® brand solar panels, and has sales operations in more than 100 countries, operating under the SunPower brand in certain countries outside the United States. The Company is a leader in solar innovation with access to over 1,000 patents and two best-in-class solar panel product lines. Maxeon products span the global rooftop and solar power plant markets through a network of more than 1,700 trusted partners and distributors. A pioneer in sustainable solar manufacturing, Maxeon leverages a +35-year history in the solar industry and numerous awards for its technology. For more information about how Maxeon is Powering Positive ChangeTM visit us at https://www.maxeon.com/, on LinkedIn and on Twitter @maxeonsolar.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding: (a) our expectations regarding pricing trends, demand and growth projections; (b) potential disruptions to our operations and supply chain that may result from epidemics, natural disasters or military conflicts, including the duration, scope and impact on the demand for our products, market disruptions from the war in Ukraine and the pace of recovery from the COVID-19 pandemic; (c) anticipated product launch timing and our expectations regarding ramp, customer acceptance and demand, upsell and expansion opportunities; (d) our expectations and plans for short- and long-term strategy, including our anticipated areas of focus and investment, market expansion, product and technology focus, and projected growth and profitability; (e) our ability to meet short term and long term material cash requirements including our obligations under the long-term polysilicon supply agreement, our ability to complete an equity or debt offering at favorable terms, if at all, and our overall liquidity, substantial indebtedness and ability to obtain additional financing; (f) our technology outlook, including anticipated fab utilization and expected ramp and production timelines for the Company's Maxeon 5 and 6, next-generation Maxeon 7 and Performance line solar panels, expected cost reductions, and future performance; (g) our strategic goals and plans, including partnership discussions with respect to the Company's next-generation technology, and our relationships with existing customers, suppliers and partners, and our ability to achieve and maintain them; (h) our expectations regarding our future performance and revenues resulting from contracted orders, bookings, backlog, and pipelines in our sales channels; (i) our third quarter fiscal year 2022 guidance, including shipments, revenue, gross profit, non-GAAP gross profit, operating expenses, non-GAAP operating expenses, Adjusted EBITDA, capital expenditures, out-of-market polysilicon cost, and related assumptions; and (j) our projected effective tax rate and changes to the valuation allowance related to our deferred tax assets.
The forward-looking statements can be also identified by terminology such as "may," "might," "could," "will," "aims," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Maxeon's operations and business outlook contain forward-looking statements.
These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. Factors that could cause or contribute to such differences include, but are not limited to: (1) challenges in executing transactions key to our strategic plans, including regulatory and other challenges that may arise; (2) our liquidity, substantial indebtedness, terms and conditions upon which our indebtedness is incurred and ability to obtain additional financing for our projects, customers and operations; (3) our ability to manage supply chain cost increases and operating expenses; (4) potential disruptions to our operations and supply chain that may result from damage or destruction of facilities operated by our suppliers, difficulties in hiring or retaining key personnel, epidemics, natural disasters, including impacts of the COVID-19 pandemic, or the war in Ukraine; (5) our ability to manage our key customers and suppliers; (6) the success of our ongoing research and development efforts and our ability to commercialize new products and services, including products and services developed through strategic partnerships; (7) competition in the solar and general energy industry and downward pressure on selling prices and wholesale energy pricing, including impacts of inflation and foreign exchange rates upon customer demand; (8) changes in regulation and public policy, including the imposition and applicability of tariffs; (9) our ability to comply with various tax holiday requirements as well as regulatory changes or findings affecting the availability of economic incentives promoting use of solar energy and availability of tax incentives or imposition of tax duties; (10) fluctuations in our operating results and in the foreign currencies in which we operate; (11) appropriately sizing, or delays in expanding, our manufacturing capacity and containing manufacturing and logistics difficulties that could arise; (12) unanticipated impact to customer demand and sales schedules due, among other factors, to the spread of COVID-19, the war in Ukraine and other environmental disasters; (13) challenges managing our acquisitions, joint ventures and partnerships, including our ability to successfully manage acquired assets and supplier relationships; (14) reaction by securities or industry analysts to our quarterly guidance which, in combination with our results of operations, may cause them to cease publishing research or reports about us, or adversely change their recommendations regarding our ordinary shares, which may negatively impact the market price of our ordinary shares and volume of our stock trading; and (15) unpredictable outcomes resulting from our litigation activities or other disputes. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission ("SEC") from time to time, including our most recent report on Form 20-F, particularly under the heading "Risk Factors". Copies of these filings are available online from the SEC at www.sec.gov, or on the SEC Filings section of our Investor Relations website at https://corp.maxeon.com/investor-relations. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.
Use of Non-GAAP Financial Measures
We present certain non-GAAP measures such as non-GAAP gross loss, non-GAAP operating expenses and earnings before interest, taxes, depreciation and amortization ("EBITDA") adjusted for stock-based compensation, restructuring charges and fees, remeasurement loss on prepaid forward and physical delivery forward, loss on extinguishment of debt, impairment and equity in losses of unconsolidated investees ("Adjusted EBITDA") to supplement our consolidated financial results presented in accordance with GAAP. Non-GAAP gross loss is defined as gross loss excluding stock-based compensation. Non-GAAP operating expenses is defined as operating expenses excluding stock-based compensation and restructuring charges and fees.
We believe that non-GAAP gross loss, non-GAAP operating expenses and Adjusted EBITDA provide greater transparency into management's view and assessment of the Company's ongoing operating performance by removing items management believes are not representative of our continuing operations and may distort our longer-term operating trends. We believe these measures are useful to help enhance the comparability of our results of operations across different reporting periods on a consistent basis and with our competitors, distinct from items that are infrequent or not associated with the Company's core operations as presented above. We also use these non-GAAP measures internally to assess our business, financial performance and current and historical results, as well as for strategic decision-making and forecasting future results. Given our use of non-GAAP measures, we believe that these measures may be important to investors in understanding our operating results as seen through the eyes of management. These non-GAAP measures are neither prepared in accordance with GAAP nor are they intended to be a replacement for GAAP financial data, should be reviewed together with GAAP measures and may be different from non-GAAP measures used by other companies.
As presented in the "Reconciliation of Non-GAAP Financial Measures" section, each of the non-GAAP financial measures excludes one or more of the following items in arriving to the non-GAAP measures:
- Stock-based compensation expense. Stock-based compensation relates primarily to equity incentive awards. Stock-based compensation is a non-cash expense that is dependent on market forces that are difficult to predict and is excluded from non-GAAP gross loss, non-GAAP operating expense and Adjusted EBITDA. Management believes that this adjustment for stock-based compensation expense provides investors with a basis to measure our core performance, including the ability to compare our performance with the performance of other companies, without the period-to-period variability created by stock-based compensation.
- Restructuring charges and fees. We incur restructuring charges and fees related to reorganization plans aimed towards realigning resources consistent with our global strategy and improving its overall operating efficiency and cost structure. Restructuring charges and fees are excluded from non-GAAP operating expenses and Adjusted EBITDA because they are not considered core operating activities. Although we have engaged in restructuring activities and initiatives, past activities have been discrete events based on unique sets of business objectives. As such, management believes that it is appropriate to exclude restructuring charges and fees from our non-GAAP financial measures as they are not reflective of ongoing operating results nor do these charges contribute to a meaningful evaluation of our past operating performance.
- Remeasurement loss on prepaid forward and physical delivery forward. This relates to the mark-to-market fair value remeasurement of privately negotiated prepaid forward and physical delivery transactions. The transactions were entered into in connection with the issuance on July 17, 2020 of the 6.50% Green Convertible Senior Notes due 2025 for an aggregate principal amount of $200 million. The prepaid forward is remeasured to fair value at the end of each reporting period, with changes in fair value booked in earnings. The fair value of the prepaid forward is primarily affected by the Company's share price. The physical delivery forward was remeasured to fair value at the end of the Note Valuation Period on September 29, 2020, and was reclassified to equity after remeasurement, and will not be subsequently remeasured. The fair value of the physical delivery forward was primarily affected by the Company's share price. The remeasurement loss on prepaid forward and physical delivery forward is excluded from Adjusted EBITDA because it is not considered core operating activities. As such, management believes that it is appropriate to exclude the mark-to-market adjustments from our Adjusted EBITDA as it is not reflective of ongoing operating results nor do the loss contribute to a meaningful evaluation of our past operating performance.
- Impairment. This relates to the impairment of assets recorded by our equity method investee, Huansheng Photovoltaic (Jiangsu) Co., Ltd ("Huansheng JV"). Asset impairment is excluded from our Adjusted EBITDA financial measure as it is non-cash in nature and not reflective of ongoing operating results. As such, management believes that it is appropriate to exclude such charges as they do not contribute to a meaningful evaluation of our past operating performance.
- Equity in losses of unconsolidated investees. This relates to the loss on our unconsolidated equity investment Huansheng JV. This is excluded from our Adjusted EBITDA financial measure as it is non-cash in nature and not reflective of our core operational performance. As such, management believes that it is appropriate to exclude such charges as they do not contribute to a meaningful evaluation of our performance.
- Loss related to settlement of price escalation dispute. This relates to loss arising from the settlement of price escalation dispute with a polysilicon supplier related to our long-term, firm commitment polysilicon supply agreement. This is excluded from our Adjusted EBITDA financial measure as it is non-recurring and not reflective of ongoing operating results. As such, management believes that it is appropriate to exclude such charges as the loss does not contribute to a meaningful evaluation of our past operating performance.
©2022 Maxeon Solar Technologies, Ltd. All rights reserved. MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit https://corp.maxeon.com/trademarks for more information.
The following table reconciles our cash and cash equivalents and restricted cash reported on our Condensed Consolidated Balance Sheets and the cash, cash equivalents and restricted cash reported on our Condensed Consolidated Statements of Cash Flows as of July 3, 2022 and July 4, 2021:
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| 2022-08-18T20:59:44Z
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Announces Largest Solar Loan Securitization to Date at $382.7 Million and Expands Executive Team with Two New Hires
OAKLAND, Calif., April 21, 2022 /PRNewswire/ -- Mosaic, a leading financing platform for U.S. residential solar and energy-efficient home improvements, today announced it has surpassed $7 billion in loans funded through the company's platform. This milestone signals a strong first quarter for the mission-driven company, which also achieved its highest monthly loan volume to date in March.
"There's a growing importance of clean renewable energy as an economic engine, a climate imperative, and a matter of national security," said Billy Parish, founder and CEO of Mosaic. "The urgency to deliver affordable financing options for our partners and homeowners is growing, and Mosaic is uniquely positioned to help lead this charge."
The $7 billion milestone was passed in mid-March and was fueled by the company's strong industry relationships, operational capabilities and numerous capital partners. Mosaic also recently completed a $382.7 million securitization. This was Mosaic's largest securitization to date and included the addition of Fitch Ratings, rating the senior (AA-) tranche of the transaction. Mosaic has now completed 12 securitizations over the course of six years, which is more than any other solar loan issuer in the space. Additionally, Mosaic continues to build new forward flow and direct origination partnerships with banks, credit unions, insurance companies and asset managers to further strengthen its diversified funding model.
Mosaic Expands Executive Bench
As Mosaic continues to experience rapid growth, the company has added two new leaders to its team. Kim McNealy has joined as general manager of home improvement and reports to Patrick Moore, president and chief operating officer. And Noura Panaritis has joined as senior vice president of enterprise applications and reports to Nagaraju Bandaru, chief technology officer.
McNealy oversees the home improvement business operations at Mosaic, developing, deploying and maintaining highly competitive products and services throughout the home improvement ecosystem, from OEMs, distributors and SaaS platforms, to installers and sales organizations. He has more than two decades of experience in business development and customer experience strategy focused on high-growth, technology-based companies.
As the SVP of enterprise applications for Mosaic, Panaritis serves as the technology business partner for the sales, marketing, finance, operations and people operations departments. She brings a proven track record in go-to-market, finance and operations technology solutions to Mosaic and most recently worked at LightSpeed Commerce and J.D. Power.
"We are honored to have Kim McNealy and Noura Panaritis join our team," said Moore. "Their unique and compelling experience, coupled with their enthusiasm for growth, make us very excited for the impact they will have on advancing our mission."
About Mosaic
Mosaic makes financing solar, solar plus energy storage systems and other sustainable home improvements accessible and affordable for homeowners by providing a fast and easy way to apply for financing options. Customers learn about Mosaic through approved solar installers and home improvement contractors, as well as other ecosystem partners, and can get a credit decision in minutes for no money down loans with fixed interest rates and multiple term options. Financing applied for and processed through the Mosaic platform is originated by Solar Mosaic LLC or one of its lending/financing partners. For our network of thousands of solar installers and home improvement contractors, Mosaic provides a streamlined financing platform to drive sales growth. Since 2012, Mosaic has helped more than 220,000 households switch to sustainable home improvements with its financing products.
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SOURCE Mosaic
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https://www.wibw.com/prnewswire/2022/04/21/mosaic-surpasses-7-billion-loans-funded-residential-solar-sustainable-home-improvements/
| 2022-04-21T14:26:24Z
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US children under 5 are getting closer to authorized Covid-19 vaccines, but most parents may be reluctant to actually get them when they become available, a new survey found.
According to the Kaiser Family Foundation's Vaccine Monitor survey, published Wednesday, only 18% of parents of children under 5 said they would vaccinate their child against Covid-19 as soon as a vaccine was available.
Nearly 40% of parents of young children said they would "wait and see" before vaccinating their child, 11% said they would get the vaccine only if required, and 27% said they would "definitely not" vaccinate their child against Covid-19.
More than half of parents in this age group said they "don't have enough information about the safety and effectiveness of Covid-19 vaccines for children in this age group," compared with 34% of parents of children ages 5-11 and 25% of parents of children ages 12-17. About 13% of parents of young children said the US Food and Drug Administration's delay in authorizing a vaccine in this age group made them less confident about its safety, and 22% said it made them more confident.
There were similar findings among parents of older children. For the 5 to 11 age group, 39% of parents said their children were vaccinated, and 32% said their children would definitely not be vaccinated. Among parents of children 12 to 17, 56% said their kids had been vaccinated, and 31% said they definitely will not have their children vaccinated.
A majority of parents who took part in the survey also said they felt that their child was at least somewhat safe from Covid-19 while at school, but the answers varied by race.
More than 80% of parents surveyed said their child was very or somewhat safe in school. However, only a third of Black or Hispanic parents said they felt that their child was very safe, compared with 52% of White parents.
The survey found a "large shift" in school mask requirements, with the percentage of parents who said that their child was required to wear a mask at school falling from 69% in September to 16% in April.
"Parents who are Black or Hispanic are more than twice as likely as White parents to say their child usually wears a mask (70% vs. 26%) and five times as likely to say that most other students at their child's school wear masks (9% vs. 47%)," the report authors wrote.
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https://www.albanyherald.com/features/health/fewer-than-1-in-5-us-parents-say-theyll-get-covid-19-vaccines-for-kids/article_d9cacdf7-db87-583c-8ec3-71fe85a7e31a.html
| 2022-05-04T10:01:35Z
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MINNEAPOLIS, July 6, 2022 /PRNewswire/ -- Given the constant changes within the travel industry, it's no wonder there has been a spike in travel insurance claims. With the number of claims being received due to flight delays or travelers contracting COVID-19 while traveling, it's vital you know how to submit your claim right the first time. Yonder Travel Insurance (insureyonder.com) share some tips on how you can avoid getting your travel insurance claim denied.
Did you know you find out the odds your claim gets approved before you even submit it? Understanding what your policy covers, and most importantly doesn't cover, can help you determine the possible outcome of your claim based on the loss you experienced. The friendly humans at Yonder (hello@insureyonder.com) are there to help walk you through a quote and gain an understanding of your policy options and benefits.
Although most providers offer flexibility if something comes up, some have specific timeframes in which you need to get your claim in. It's best to start working on filing your claim once you return home from your trip. Check in your travel insurance documents or reach out to your provider for specific timelines.
It's essential you keep all receipts/invoices and submit them with your claim to give the claims analyst a clear picture of what happened. Most claim forms will tell you what documentation you'll need to submit based on the type of claim you're filing.
"Not submitting all required documentation is usually what causes claims processing delays," says Terry Boynton, co-founder and president of Yonder. "Triple check your claim forms and make copies of the documentation if submitting your claim by mail."
Claims are taking longer to process these days due to high volume, so ask about the current timeline from your travel insurance provider. Most claims departments will reach out via email if they need further documentation or provide updates regarding your claim. Yonder's team of friendly humans also checks on claims frequently, ensuring their customers' claims are being processed promptly and fairly.
The experts at Yonder Travel Insurance have poured over hundreds of policies from the best travel insurance providers in the US to provide the best travel insurance recommendation for how YOU travel.
Contact:
Beckah Morris, Marketing Director
(855-358-6438)
beckah@insureyonder.com
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SOURCE Yonder Travel Insurance
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https://www.wibw.com/prnewswire/2022/07/06/how-avoid-denied-travel-insurance-claim/
| 2022-07-06T12:05:01Z
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MIAMI, July 5, 2022 /PRNewswire/ -- Brand Institute is proud to announce its work with Solasia Pharma K.K. ("Solasia") in developing the brand name DARVIAS®.
DARVIAS®, an organoarsenic compound with anticancer activity, is a novel mitochondrial-targeted agent being developed for the treatment of various hematologic and solid tumors. DARVIAS® provokes cell cycle arrest and apoptosis through disruption of mitochondrial functions and increased production of reactive oxygen species in tumor cells. DARVIAS® is expected to exert an anticancer effect by inducing cell cycle arrest and apoptosis.
DARVIAS® has been approved for relapsed or refractory Peripheral T-Cell Lymphoma by Japan's Ministry of Health, Labour and Welfare (MHLW). Japan is the first country in the world where DARVIAS® has been approved. DARVIAS® has been granted orphan drug designation in the US and EU.
"The entire Brand Institute and Drug Safety Institute team congratulates Solasia on the MHLW approval of the DARVIAS injection," said Brand Institute's Chairman and C.E.O., James L. Dettore.
Brand Institute is the global leader in pharmaceutical and healthcare-related name development, with a portfolio of over 3,800 marketed healthcare brand names, 1,200 USAN/INN nonproprietary names for 1,100 clients. The company partners on over 75% of pharmaceutical brand and nonproprietary name approvals globally every year with healthcare manufacturers. Drug Safety Institute is composed of former naming regulatory officials from global government health agencies, including Food and Drug Administration (FDA), European Medicines Agency (EMA), Health Canada (HC), American Medical Association (AMA), and the World Health Organization (WHO). These regulatory experts co-authored the name review guidelines while with their respective agencies, with many responsible for ultimately approving (or rejecting) brand name applications. Now working for a private company, these professionals provide Brand Institute's clients with industry-leading guidance pertaining to drug name safety (i.e., preventing medication errors), packaging, and labeling.
Contact:
James Dettore
Chairman & C.E.O.
jdettore@brandinstitute.com
www.brandinstitute.com
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https://www.kxii.com/prnewswire/2022/07/05/brand-institute-partners-brand-name-development-treatment-relapsed-or-refractor-peripheral-t-cell-lymphoma-now-approved-by-ministry-health-labour-welfare-japan/
| 2022-07-05T14:36:29Z
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Evergy urges farmers to stay electrically safe during harvest season
TOPEKA, Kan. (WIBW) - With harvest upon most farmers in the Sunflower State, Evergy said they should take a few extra steps to stay electrically safe this season.
Evergy says June marks the beginning of the harvest season for local farmers and with long work days ahead, it is important to remember how to stay safe.
The electric company noted that farmers should watch out for any obstacles in the field like power poles, power lines and guy wires. It noted that extra caution is needed when GPS AutoSteer systems are in use.
Evergy also said farmers should use a spotter when they operate large machinery near powerlines. It said equipment should always be kept at least 30 feet away from power lines in all directions.
Lastly, Evergy noted that farmers should develop an emergency communication plan. It said the essential step will most likely not be needed, however, if it is, farmers will be glad they made one.
For more information about electrical safety, click HERE.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/06/16/evergy-urges-farmers-stay-electrically-safe-during-harvest-season/
| 2022-06-16T18:04:05Z
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Providers will hone their skills to earlier detect and successfully address life-threatening conditions that can present during labor
The simulation technology allows OB providers to more easily access skills-trainings
This effort builds on the health care system's commitment
to combatting maternal mortality disparities present among people of color
NEW YORK and WESTMINSTER, Colo., June 16, 2022 /PRNewswire/ -- NYC Health + Hospitals and Health Scholars today announced the introduction of new virtual reality (VR) technology to NYC Health + Hospitals' course library of obstetrics (OB) simulation trainings. Co-developed with Health Scholars, a provider of innovative VR healthcare simulations, OB providers across the City's health care system will be able to hone in on skills to earlier detect and successfully address rare but life-threatening health conditions that can present during labor and delivery. The new VR technology will complement the training OB providers, including attendings, midwives, physician assistants, and residents, received from in-person training to experience simulated life-like scenarios through a VR headset, improving competencies and promoting knowledge retention at their convenience during shifts. The new VR OB training technology builds on the municipal health care system's commitment to combatting maternal mortality disparities present among people of color, often perpetuated by implicit bias.
"We must do right by all expecting families and close the significant pregnancy-related health disparities that Black and Brown moms face," said New York City Mayor Eric Adams. "By investing in technology to train health care providers on how to safely deliver babies in life-threatening scenarios, we are ensuring that all expecting parents and babies have access to the quality care they deserve."
"We know that Black women are affected disproportionately related to maternal mortality and morbidity and we must utilize every opportunity to close those equity gaps," said Deputy Mayor for Health and Human Services Anne Williams-Isom. "I am excited to see NYC Health + Hospitals leveraging technology in service and support their obstetricians and the New Yorkers they serve. These new tools are yet another part of how the city is working to provide safe, healthy births for every expectant person and family."
"I am proud to say that NYC Health + Hospitals is a leader in virtual reality simulation training," said NYC Health + Hospitals Chief Women's Health Officer Wendy Wilcox, MD, MPH, MBA, FACOG. "Thankfully, serious and life-threatening conditions during childbirth, labor, and the postpartum period are uncommon. However, ensuring that our providers have the skills necessary to deal with these critical situations is paramount."
"Being able to provide convenient, easily accessible, on-site, and realistic simulations is imperative when you want to both provide these important skills-building opportunities without disrupting any patient care," said NYC Health + Hospitals Director of Nursing Simulation Kimberly Campbell-Taylor, MSN-Ed, RN, CHSE. "Being able to offer a diverse suite of high-tech simulations that not only realistically portray the medical scenario, but also reflects what our workforce and patients look like is an important part of training our staff to provide the highest quality, expert care no matter the situation the arises in the delivery room."
The VR technology transports providers to a labor and delivery suite where they can virtually interact with their patient and team members using voice communications and real-time interactions. They are required to direct the clinical team to perform all appropriate managements according to their hospital's protocol, allowing them to realistically practice critical cognitive skills like communication, teamwork, critical thinking and decision-making during an emergency. The municipal health care system will acquire 22 VR headsets, two for each hospital, where OB providers will be able to check them out to complete their training when time permits during shifts. This training will be another arm added to the ongoing obstetrical simulation training and maternal home pre and post-natal care as part of a larger Maternal Mortality Reduction Program. The new VR technology will be available to all OB providers within NYC Health + Hospitals in the near future.
The introduction of the new VR simulation technology allows OB providers across the health care system to more easily access skills-trainings on their time, being able to sign-out the VR headset and joysticks during downtime in their shifts. Prior to the introduction of the VR technology, whole OB teams had to schedule time to travel to simulation labs across the system to complete individual scenarios.
Once the VR technology is signed out, the OB provider dons a headset and completes a short orientation on how to use their voice to interact with virtual team members and manage care. The provider is also given a brief of the patient, like they'd receive in real life through a patient's chart. Transported to a labor and delivery suite, providers can virtually interact with their patient and team members using voice communications and real-time interactions. They are required to direct the clinical team to perform all appropriate managements according to their hospital's protocol. The scenario itself takes 8 to 12 minutes to run through, which is comparable to the time allotted to safely triage the emergency during labor to avoid adverse outcomes. Once the OB provider completes the scenario, they're immediately given a grade to summarize how they reacted to the situation. They're provided a debrief that highlights what could have been done better.
Co-developers, Health Scholars, partnered with NYC Health + Hospitals due to the municipal health care system's comprehensive and high-tech approach to OB simulation trainings. Combining Health Scholars' expertise in VR technology and voice technology with NYC Health + Hospitals' expertise in OB trainings, both groups developed an immersive approach to competency trainings that will facilitate clinical skills building in health systems across the country. The simulations are also configurable so healthcare organizations can teach and validate competencies against national evidence-based guidelines from American Academy of Obstetrics and Gynecology (ACOG) and California Maternal Quality Care Collaborative (CMQCC).
"Moving OB simulation into VR provides educators an affordable, efficient, and easy way to deliver students and healthcare providers the practice required to provide safe and effective care to OB patients," says Health Scholars Medical Director Pam Martin, MD, FACS. "Our VR training enables any size organization to scale readiness and, in a time where healthcare professionals are stretched to the brink, it's time to rethink how we prepare our providers to deliver the very best care possible."
Significant racial and ethnic disparities in pregnancy-related mortality exist. According to the Centers for Disease Control and Prevention, Black patients have a pregnancy-related mortality ratio approximately three times as high as that of their white counterparts. The first scenario available to OB providers will simulate postpartum hemorrhage, which is the leading cause of maternal mortality. Additional scenarios, such as maternal code, shoulder dystocia, and fetal heart monitoring will be developed and added to the VR curriculum in the coming months.
The cast depicted in the VR scenario includes a pregnant patient of color, a partner, and a diverse care team. Previously, OB simulations carried out by NYC Health + Hospitals utilized specially-designed, high-tech, full-body mannequins-of-color.
In 2018, NYC Health + Hospitals maternal mortality rates were lower than New York State's rate of 20.9/100,000 live births.
Learn more about Obstetric Hemorrhage VR Training and all of Health Scholars VR simulation solutions.
NYC Health + Hospitals is the largest municipal health care system in the nation serving more than a million New Yorkers annually in more than 70 patient care locations across the city's five boroughs. A robust network of outpatient, neighborhood-based primary and specialty care centers anchors care coordination with the system's trauma centers, nursing homes, post-acute care centers, home care agency, and MetroPlus health plan—all supported by 11 essential hospitals. Its diverse workforce of more than 42,000 employees is uniquely focused on empowering New Yorkers, without exception, to live the healthiest life possible. For more information, visit www.nychealthandhospitals.org and stay connected on Facebook at https://www.facebook.com/NYCHealthSystem or Twitter at @NYCHealthSystem.
The best training isn't watched or read. It's experienced. At Health Scholars' we're reimagining healthcare training with virtual reality (VR). Our mission is to ensure every provider has the clinical experience needed to be competent and confident in any situation by providing immersive, interactive, and on-demand clinical practice. As the only VR training using voice directed interactions, we're setting a new training standard that improves quality of care. For more information, visit HealthScholars.com or follow us on LinkedIn.
Health Scholars:
Jonathan Epstein
jonathan.epstein@healthscholars.com
617-285-1141
NYCH+H:
212-788-3339; PressOffice@nychhc.org
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| 2022-06-16T20:17:30Z
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New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers' Inventories Too Low; Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies
TEMPE, Ariz., Aug. 1, 2022 /PRNewswire/ -- Economic activity in the manufacturing sector grew in July, with the overall economy achieving a 26th consecutive month of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.
The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee:
"The July Manufacturing PMI® registered 52.8 percent, down 0.2 percentage point from the reading of 53 percent in June. This figure indicates expansion in the overall economy for the 26th month in a row after a contraction in April and May 2020. This is the lowest Manufacturing PMI® figure since June 2020, when it registered 52.4 percent. The New Orders Index registered 48 percent, 1.2 percentage points lower than the 49.2 percent recorded in June. The Production Index reading of 53.5 percent is a 1.4-percentage point decrease compared to June's figure of 54.9 percent. The Prices Index registered 60 percent, down 18.5 percentage points compared to the June figure of 78.5 percent; this is the index's lowest reading since August 2020 (59.5 percent). The Backlog of Orders Index registered 51.3 percent, 1.9 percentage points below the June reading of 53.2 percent. The Employment Index contracted for a third straight month at 49.9 percent, 2.6 percentage points higher than the 47.3 percent recorded in June. The Supplier Deliveries Index reading of 55.2 percent is 2.1 percentage points lower than the June figure of 57.3 percent. The Inventories Index registered 57.3 percent, 1.3 percentage points higher than the June reading of 56 percent. The New Export Orders Index reading of 52.6 percent is up 1.9 percentage points compared to June's figure of 50.7 percent. The Imports Index grew again in July, up 3.7 percentage points to 54.4 percent from 50.7 percent in June."
Fiore continues, "The U.S. manufacturing sector continues expanding — though slightly less so in July — as new order rates continue to contract, supplier deliveries improve and prices soften to acceptable levels. According to Business Survey Committee respondents' comments, companies continue to hire at strong rates, with few indications of layoffs, hiring freezes or headcount reduction through attrition. Panelists reported higher rates of quits, reversing June's positive trend. Prices expansion eased dramatically in July, but instability in global energy markets continues. Sentiment remained optimistic regarding demand, with six positive growth comments for every cautious comment. Panelists are now expressing concern about a softening in the economy, as new order rates contracted for the second month amid developing anxiety about excess inventory in the supply chain. Demand dropped, with the (1) New Orders Index contracting again, (2) Customers' Inventories Index remaining at a low level but approaching 40 percent and (3) Backlog of Orders Index decreasing but still in growth territory. Consumption (measured by the Production and Employment indexes) was mixed during the period, with a combined positive 1.2-percentage point impact on the Manufacturing PMI® calculation. The Employment Index contracted for the third month in a row after expanding for eight straight months (September 2021 through April), but panelists again indicated month-over-month improvement in hiring ability in July. Challenges with turnover (quits and retirements) and resulting backfilling continue to plague efforts to adequately staff organizations. Inputs — expressed as supplier deliveries, inventories and imports — continued to constrain production expansion, but to a significantly lesser extent compared to June. The Supplier Deliveries Index indicated deliveries slowed at a slower rate in July, which was supported by an increase in the Inventories Index. The Imports Index continued to expand in July after one month of contraction preceded by six straight months of growth. The Prices Index increased for the 26th consecutive month, at a much slower rate compared to June.
"Four of the six biggest manufacturing industries — Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; and Machinery — registered moderate-to-strong growth in July.
"Manufacturing performed well for the 26th straight month. There are signs of new order rates softening — cited in 16 percent of general comments, compared to 17 percent in June — as panelists are increasingly concerned about excessive inventories and continuing record-high lead times. Employment activity remained strongly positive in spite of the uncertainty with new order rates," says Fiore.
Eleven manufacturing industries reported growth in July, in the following order: Apparel, Leather & Allied Products; Nonmetallic Mineral Products; Petroleum & Coal Products; Printing & Related Support Activities; Computer & Electronic Products; Transportation Equipment; Machinery; Textile Mills; Primary Metals; Plastics & Rubber Products; and Electrical Equipment, Appliances & Components. The seven industries reporting contraction in July compared to June, in the following order are: Wood Products; Furniture & Related Products; Paper Products; Miscellaneous Manufacturing; Fabricated Metal Products; Food, Beverage & Tobacco Products; and Chemical Products.
WHAT RESPONDENTS ARE SAYING
- "Material extended lead times still affecting business, and the challenging labor market is a huge factor too. Backlog is healthy; we just cannot deliver to customers due to material issues." [Computer & Electronic Products]
- "Inflation is slowing down business. Overstock of raw materials due to prior supply chain issues and slowing orders." [Chemical Products]
- "Chip shortages remain; however, the COVID-19 lockdowns in China are presenting even worse supply issues." [Transportation Equipment]
- "Growing inflation is pushing a stronger narrative around pending recession concerns. Many customers appear to be pulling back on orders in an effort to reduce inventories." [Food, Beverage & Tobacco Products]
- "New order entry has slowed down slightly; however, logistical issues have yet to improve. Long lead times for materials and labor shortages are still a major problem." [Machinery]
- "Our markets are still holding up; however, I believe a slowdown is coming. We are cautious about going out too far with orders. Also, I believe the general market is in the beginnings of a recession." [Fabricated Metal Products]
- "All markets are extremely busy but face headwinds that will eventually take a toll. Lead times and costs make large projects very challenging to budget, plan and execute. Routine work is also very difficult." [Nonmetallic Mineral Products]
- "Current order books are full, but there have been signs of a slowdown beginning in the fourth quarter." [Plastics & Rubber Products]
- "Slight improvement projected for our business for the next quarter." [Primary Metals]
- "Continuing delivery and staffing issues have eaten away the bottom line." [Textile Mills]
Manufacturing ISM® Report On Business® data is seasonally adjusted for the New Orders, Production, Employment and Inventories indexes.
*Number of months moving in current direction.
COMMODITIES REPORTED UP/DOWN IN PRICE AND IN SHORT SUPPLY
Commodities Up in Price
Adhesives and Paint (8); Aluminum* (26); Caustic Soda (5); Corrugate (6); Corrugated Packaging (21); Crude Oil (3); Diesel Fuel* (19); Electrical Components (20); Electricity (2); Electronic Components (20); Freight (21); Labor — Temporary (15); Logistics Services; Maintenance, Repair and Operating (MRO) Supplies; Natural Gas* (13); Petroleum Based Products (3); Plastic Resins* (7); Polyethylene; Rubber Based Products (12); Solvents; and Steel Products* (23).
Commodities Down in Price
Aluminum* (3); Aluminum Products; Copper; Diesel Fuel*; Lumber (2); Natural Gas*; Plastic Resins* (2); Steel (3); Steel — Carbon; Steel — Hot Rolled (3); and Steel Products*.
Commodities in Short Supply
Adhesives and Paints; Aluminum; Electrical Components (22); Electronic Components (20); Hydraulic Components (3); Labor — Temporary (15); Plastic Resins (3); Resin Based Products; Rubber Based Products (2); Semiconductors (20); and Steel Products (4).
Note: The number of consecutive months the commodity is listed is indicated after each item.
*Indicates both up and down in price.
JULY 2022 MANUFACTURING INDEX SUMMARIES
Manufacturing PMI®
The U.S. manufacturing sector grew in July, as the Manufacturing PMI® registered 52.8 percent, 0.2 percentage point lower than the June reading of 53 percent. "The Manufacturing PMI® continued to indicate sector expansion and U.S. economic growth in July. Three of the five subindexes that directly factor into the Manufacturing PMI® (Production, Supplier Deliveries and Inventories) were in growth territory. Of the six biggest manufacturing industries, four — Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; and Machinery — registered moderate-to-strong growth in July. The Production Index decreased 1.4 percentage points but remained in expansion territory. The Supplier Deliveries Index slowed at a slower rate while the Inventories Index increased, indicating at least a slight easing of supply chain congestion. Eight of the 10 subindexes were positive for the period; a reading of 'too low' for the Customers' Inventories Index is considered a positive for future production," says Fiore. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.
A Manufacturing PMI® above 48.7 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the July Manufacturing PMI® indicates the overall economy grew in July for the 26th consecutive month following contraction in April and May 2020. "The past relationship between the Manufacturing PMI® and the overall economy indicates that the Manufacturing PMI® for July (52.8 percent) corresponds to a 1.4-percent increase in real gross domestic product (GDP) on an annualized basis," says Fiore.
THE LAST 12 MONTHS
New Orders
ISM®'s New Orders Index dropped to 48 percent in July, a decrease of 1.2 percentage points compared to the 49.2 percent reported in June. This indicates that new order volumes contracted again after growing for 24 consecutive months. "Only one of the six largest manufacturing sectors — Computer & Electronic Products — increased new orders at a moderate level. Lead times remain at elevated levels, and fundamental raw material prices continue to persuade buyers to remain on the sidelines. Also contributing to order-placement pauses are concerns about future economic growth slowing and the impact to manufacturing inventories caused by additional order placements, which could impact working capital in the near-to-moderate term. Backlogs continued to sag due to the weakness in new orders," says Fiore. A New Orders Index above 52.9 percent, over time, is generally consistent with an increase in the Census Bureau's series on manufacturing orders (in constant 2000 dollars).
Of the 18 manufacturing industries, four reported growth in new orders in July: Nonmetallic Mineral Products; Printing & Related Support Activities; Primary Metals; and Computer & Electronic Products. Seven industries reported a decline in new orders in July, in the following order: Wood Products; Furniture & Related Products; Fabricated Metal Products; Miscellaneous Manufacturing; Plastics & Rubber Products; Chemical Products; and Machinery. Seven industries reported no change in new orders in July as compared to June.
Production
The Production Index registered 53.5 percent in July, 1.4 percentage points lower than the June reading of 54.9 percent, indicating growth for the 26th consecutive month. "Of the top six industries, three —Petroleum & Coal Products; Computer & Electronic Products; and Transportation Equipment — expanded in July. Materials availability continues to show signs of recovery, but factories are still struggling to hit optimum output rates, primarily due to high levels of employee turnover," says Fiore. An index above 52.4 percent, over time, is generally consistent with an increase in the Federal Reserve Board's Industrial Production figures.
Five industries reported growth in production during the month of July: Apparel, Leather & Allied Products; Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; and Plastics & Rubber Products. The six industries reporting a decrease in production in July — in the following order — are: Wood Products; Textile Mills; Miscellaneous Manufacturing; Fabricated Metal Products; Electrical Equipment, Appliances & Components; and Food, Beverage & Tobacco Products. Seven industries reported no change in production levels in July as compared to June.
Employment
ISM®'s Employment Index registered 49.9 percent in July, 2.6 percentage points above the June reading of 47.3 percent. "The index contracted for the third straight month after an eight-month period of expansion. Of the six big manufacturing sectors, three (Transportation Equipment; Petroleum & Coal Products; and Machinery) expanded. Although an overwhelming majority of survey panelists again indicate their companies are hiring, they are still struggling to meet labor management plans. Improvement signs are mixed: A smaller share of comments (7 percent in July, down from 14 percent in June) noted greater hiring ease, and among respondents whose companies are hiring, 35 percent expressed difficulty in filling positions, down from 42 percent in June. Turnover rates remain elevated, with 39 percent of comments citing backfills and retirements, an increase from 29 percent in June. Employment levels, driven primarily by turnover, remain the top issue affecting production growth," says Fiore. An Employment Index above 50.5 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics (BLS) data on manufacturing employment.
Eight of 18 manufacturing industries reported employment growth in July, in the following order: Apparel, Leather & Allied Products; Nonmetallic Mineral Products; Printing & Related Support Activities; Transportation Equipment; Petroleum & Coal Products; Plastics & Rubber Products; Machinery; and Electrical Equipment, Appliances & Components. The six industries reporting a decrease in employment in July — in the following order — are: Textile Mills; Paper Products; Primary Metals; Miscellaneous Manufacturing; Food, Beverage & Tobacco Products; and Chemical Products.
Supplier Deliveries†
The delivery performance of suppliers to manufacturing organizations was slower in July, as the Supplier Deliveries Index registered 55.2 percent, 2.1 percentage points lower than the 57.3 percent reported in June. Of the top six manufacturing industries, five (Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; Machinery; and Chemical Products) reported slower deliveries. "This indicates the best supplier deliveries performance since July 2020, when the index registered 55.9 percent as business began to resurface after the initial pandemic lockdowns. Deliveries slowed at a slower rate compared to the previous month — 21.4 percent of panelists reported slower deliveries in July, compared to 27.4 percent in June. Panelists' comments indicate that suppliers, despite their labor problems, performed better in July compared to previous months," says Fiore. A reading below 50 percent indicates faster deliveries, while a reading above 50 percent indicates slower deliveries.
Ten of 18 manufacturing industries reported slower supplier deliveries in July, in the following order: Textile Mills; Paper Products; Nonmetallic Mineral Products; Primary Metals; Miscellaneous Manufacturing; Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; Machinery; and Chemical Products. Five industries reported faster supplier deliveries in July as compared to June: Wood Products; Electrical Equipment, Appliances & Components; Furniture & Related Products; Plastics & Rubber Products; and Fabricated Metal Products.
Inventories
The Inventories Index registered 57.3 percent in July, 1.3 percentage points higher than the 56 percent reported for June. "Manufacturing inventories expanded at a faster rate compared to June, registering their highest level since July 1984, when the index registered 57.8 percent. Of the six big manufacturing industries, five (Computer & Electronic Products; Petroleum & Coal Products; Machinery; Transportation Equipment; and Chemical Products) grew their inventories of manufacturing raw materials in July. Companies are showing the most concern about their inventory levels since the start of the pandemic in 2020, when a slowing of the manufacturing economy was anticipated," says Fiore. An Inventories Index greater than 44.4 percent, over time, is generally consistent with expansion in the Bureau of Economic Analysis (BEA) figures on overall manufacturing inventories (in chained 2000 dollars).
Of 18 manufacturing industries, the 13 reporting higher inventories in July — in the following order — are: Apparel, Leather & Allied Products; Textile Mills; Computer & Electronic Products; Nonmetallic Mineral Products; Printing & Related Support Activities; Electrical Equipment, Appliances & Components; Wood Products; Petroleum & Coal Products; Machinery; Plastics & Rubber Products; Transportation Equipment; Fabricated Metal Products; and Chemical Products. The three industries reporting contracting inventories in July are: Paper Products; Primary Metals; and Food, Beverage & Tobacco Products.
Customers' Inventories†
ISM®'s Customers' Inventories Index registered 39.5 percent in July, 4.3 percentage points higher than the 35.2 percent reported for June, indicating that customers' inventory levels were considered too low. "Customers' inventories are too low for the 70th consecutive month, a positive for future production growth, but customer inventory requirements are easing compared to previous months," says Fiore.
Three industries (Wood Products; Food, Beverage & Tobacco Products; and Chemical Products) reported customers' inventories as too high in July. The 12 industries reporting customers' inventories as too low — listed in order — are: Nonmetallic Mineral Products; Transportation Equipment; Miscellaneous Manufacturing; Petroleum & Coal Products; Furniture & Related Products; Primary Metals; Plastics & Rubber Products; Computer & Electronic Products; Machinery; Paper Products; Fabricated Metal Products; and Electrical Equipment, Appliances & Components.
Prices†
The ISM® Prices Index registered 60 percent in July, 18.5 percentage points lower compared to the June reading of 78.5 percent, indicating raw materials prices increased for the 26th consecutive month, at a much slower rate. The Prices Index has been at or above 60 percent for 23 straight months. The month-over-month decline of 18.5 percentage points is the fourth biggest decline on record (since 1948) and the steepest since a 22.1-percentage point drop in June 2010. "The slowing in price increases is being driven by (1) volatility in the energy markets, (2) softening in the copper, steel, aluminum and corrugate markets and (3) a significant decrease in chemical demand. Notably, 21.5 percent of respondents reported paying lower prices in July, compared to 8.3 percent in June," says Fiore. A Prices Index above 52.6 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics (BLS) Producer Price Index for Intermediate Materials.
In July, 12 of 18 industries reported paying increased prices for raw materials, in the following order: Nonmetallic Mineral Products; Printing & Related Support Activities; Paper Products; Plastics & Rubber Products; Textile Mills; Computer & Electronic Products; Food, Beverage & Tobacco Products; Chemical Products; Miscellaneous Manufacturing; Machinery; Furniture & Related Products; and Transportation Equipment. The three industries reporting paying decreased prices for raw materials July are: Petroleum & Coal Products; Fabricated Metal Products; and Wood Products.
Backlog of Orders†
ISM®'s Backlog of Orders Index registered 51.3 percent in July, a 1.9-percentage point decrease compared to the 53.2 percent reported in June, indicating order backlogs expanded for the 25th straight month. Of the six largest manufacturing sectors, three — Petroleum & Coal Products; Machinery; and Transportation Equipment — expanded their order backlogs. "Backlogs expanded in July at a slower rate, as new order levels remain low and panelists' customers prepare for a slowing in general manufacturing activity. A slowing in price increases is a positive for future new orders growth and backlogs expansion," says Fiore.
Five industries reported growth in order backlogs in July: Nonmetallic Mineral Products; Petroleum & Coal Products; Printing & Related Support Activities; Machinery; and Transportation Equipment. The seven industries reporting lower backlogs in July — in the following order — are: Furniture & Related Products; Wood Products; Fabricated Metal Products; Chemical Products; Primary Metals; Computer & Electronic Products; and Miscellaneous Manufacturing. Six industries reported no change in backlogs of orders in July as compared to June.
New Export Orders†
ISM®'s New Export Orders Index registered 52.6 percent in July, 1.9 percentage points above the June reading of 50.7 percent. "The New Export Orders Index grew for the 25th consecutive month, at a faster rate in July. Gains were achieved in the month as the European economy stabilizes and China recovers from its recent COVID-19 lockdowns. Of the six big industry sectors, four — Petroleum & Coal Products; Food, Beverage & Tobacco Products; Transportation Equipment; and Computer & Electronic Products — expanded," says Fiore.
The four industries reporting growth in new export orders in July are: Petroleum & Coal Products; Food, Beverage & Tobacco Products; Transportation Equipment; and Computer & Electronic Products. The six industries reporting a decrease in new export orders in July — in the following order — are: Wood Products; Paper Products; Plastics & Rubber Products; Electrical Equipment, Appliances & Components; Miscellaneous Manufacturing; and Chemical Products. Seven industries reported no change in exports in July as compared to June.
Imports†
ISM®'s Imports Index registered 54.4 percent in July, an increase of 3.7 percentage points compared to June's figure of 50.7 percent. "Imports grew in July; activity improved as Asia ports started to clear their backlogs. The index reached its highest level since February (55.4 percent)," says Fiore.
The 10 industries reporting growth in imports in July — in the following order — are: Textile Mills; Printing & Related Support Activities; Petroleum & Coal Products; Primary Metals; Electrical Equipment, Appliances & Components; Transportation Equipment; Computer & Electronic Products; Fabricated Metal Products; Plastics & Rubber Products; and Machinery. Three industries reported lower volumes of imports in July: Paper Products; Miscellaneous Manufacturing; and Chemical Products.
†The Supplier Deliveries, Customers' Inventories, Prices, Backlog of Orders, New Export Orders, and Imports indexes do not meet the accepted criteria for seasonal adjustments.
Buying Policy
The average commitment lead time for Capital Expenditures in July was 183 days, a decrease of three days compared to June. Average lead time in July for Production Materials remained at its all-time high of 100 days. Average lead time for Maintenance, Repair and Operating (MRO) Supplies increased by seven days, to an all-time high of 51 days. (ISM® began tracking lead times data in 1987.)
About This Report
DO NOT CONFUSE THIS NATIONAL REPORT with the various regional purchasing reports released across the country. The national report's information reflects the entire U.S., while the regional reports contain primarily regional data from their local vicinities. Also, the information in the regional reports is not used in calculating the results of the national report. The information compiled in this report is for the month of July 2022.
The data presented herein is obtained from a survey of manufacturing supply executives based on information they have collected within their respective organizations. ISM® makes no representation, other than that stated within this release, regarding the individual company data collection procedures. The data should be compared to all other economic data sources when used in decision-making.
Data and Method of Presentation
The Manufacturing ISM® Report On Business® is based on data compiled from purchasing and supply executives nationwide. The composition of the Manufacturing Business Survey Committee is stratified according to the North American Industry Classification System (NAICS) and each of the following NAICS-based industry's contribution to gross domestic product (GDP): Food, Beverage & Tobacco Products; Textile Mills; Apparel, Leather & Allied Products; Wood Products; Paper Products; Printing & Related Support Activities; Petroleum & Coal Products; Chemical Products; Plastics & Rubber Products; Nonmetallic Mineral Products; Primary Metals; Fabricated Metal Products; Machinery; Computer & Electronic Products; Electrical Equipment, Appliances & Components; Transportation Equipment; Furniture & Related Products; and Miscellaneous Manufacturing (products such as medical equipment and supplies, jewelry, sporting goods, toys and office supplies). The data are weighted based on each industry's contribution to GDP. According to the BEA estimates for 2020 GDP (released December 22, 2021), the six largest manufacturing subsectors are: Computer & Electronic Products; Chemical Products; Transportation Equipment; Petroleum & Coal Products; Food, Beverage & Tobacco Products; and Machinery. Beginning in February 2018 with January 2018 data, computation of the indexes is accomplished utilizing unrounded numbers.
Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers' Inventories, Employment and Prices), this report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction (higher, better and slower for Supplier Deliveries) and the negative economic direction (lower, worse and faster for Supplier Deliveries), and the diffusion index. Responses are raw data and are never changed. The diffusion index includes the percent of positive responses plus one-half of those responding the same (considered positive).
The resulting single index number for those meeting the criteria for seasonal adjustments (Manufacturing PMI®, New Orders, Production, Employment and Inventories) is then seasonally adjusted to allow for the effects of repetitive intra-year variations resulting primarily from normal differences in weather conditions, various institutional arrangements, and differences attributable to non-moveable holidays. All seasonal adjustment factors are subject annually to relatively minor changes when conditions warrant them. The Manufacturing PMI® is a composite index based on the diffusion indexes of five of the indexes with equal weights: New Orders (seasonally adjusted), Production (seasonally adjusted), Employment (seasonally adjusted), Supplier Deliveries, and Inventories (seasonally adjusted).
Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change and the scope of change. A Manufacturing PMI® reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining. A Manufacturing PMI® above 48.7 percent, over a period of time, indicates that the overall economy, or gross domestic product (GDP), is generally expanding; below 48.7 percent, it is generally declining. The distance from 50 percent or 48.7 percent is indicative of the extent of the expansion or decline. With some of the indicators within this report, ISM® has indicated the departure point between expansion and decline of comparable government series, as determined by regression analysis. The Manufacturing ISM® Report On Business® survey is sent out to Manufacturing Business Survey Committee respondents the first part of each month. Respondents are asked to report on information for the current month for U.S. operations only. ISM® receives survey responses throughout most of any given month, with the majority of respondents generally waiting until late in the month to submit responses to give the most accurate picture of current business activity. ISM® then compiles the report for release on the first business day of the following month.
The industries reporting growth, as indicated in the Manufacturing ISM® Report On Business® monthly report, are listed in the order of most growth to least growth. For the industries reporting contraction or decreases, those are listed in the order of the highest level of contraction/decrease to the least level of contraction/decrease.
Responses to Buying Policy reflect the percent reporting the current month's lead time, the approximate weighted number of days ahead for which commitments are made for Capital Expenditures; Production Materials; and Maintenance, Repair and Operating (MRO) Supplies, expressed as hand-to-mouth (five days), 30 days, 60 days, 90 days, six months (180 days), a year or more (360 days), and the weighted average number of days. These responses are raw data, never revised, and not seasonally adjusted.
ISM ROB Content
The Institute for Supply Management® ("ISM") Report On Business® (both Manufacturing and Non-Manufacturing) ("ISM ROB") contains information, text, files, images, video, sounds, musical works, works of authorship, applications, and any other materials or content (collectively, "Content") of ISM ("ISM ROB Content"). ISM ROB Content is protected by copyright, trademark, trade secret, and other laws, and as between you and ISM, ISM owns and retains all rights in the ISM ROB Content. ISM hereby grants you a limited, revocable, nonsublicensable license to access and display on your individual device the ISM ROB Content (excluding any software code) solely for your personal, non-commercial use. The ISM ROB Content shall also contain Content of users and other ISM licensors. Except as provided herein or as explicitly allowed in writing by ISM, you shall not copy, download, stream, capture, reproduce, duplicate, archive, upload, modify, translate, publish, broadcast, transmit, retransmit, distribute, perform, display, sell, or otherwise use any ISM ROB Content.
Except as explicitly and expressly permitted by ISM, you are strictly prohibited from creating works or materials (including but not limited to tables, charts, data streams, time-series variables, fonts, icons, link buttons, wallpaper, desktop themes, online postcards, montages, mashups and similar videos, greeting cards, and unlicensed merchandise) that derive from or are based on the ISM ROB Content. This prohibition applies regardless of whether the derivative works or materials are sold, bartered, or given away. You shall not either directly or through the use of any device, software, internet site, web-based service, or other means remove, alter, bypass, avoid, interfere with, or circumvent any copyright, trademark, or other proprietary notices marked on the Content or any digital rights management mechanism, device, or other content protection or access control measure associated with the Content including geo-filtering mechanisms. Without prior written authorization from ISM, you shall not build a business utilizing the Content, whether or not for profit.
You shall not create, recreate, distribute, incorporate in other work, or advertise an index of any portion of the Content unless you receive prior written authorization from ISM. Requests for permission to reproduce or distribute ISM ROB Content can be made by contacting in writing at: ISM Research, Institute for Supply Management, 309 West Elliot Road, Suite 113, Tempe, Arizona 85284-1556, or by emailing kcahill@ismworld.org. Subject: Content Request.
ISM shall not have any liability, duty, or obligation for or relating to the ISM ROB Content or other information contained herein, any errors, inaccuracies, omissions or delays in providing any ISM ROB Content, or for any actions taken in reliance thereon. In no event shall ISM be liable for any special, incidental, or consequential damages, arising out of the use of the ISM ROB. Report On Business®, PMI®, and NMI® are registered trademarks of Institute for Supply Management®. Institute for Supply Management® and ISM® are registered trademarks of Institute for Supply Management, Inc.
About Institute for Supply Management®
Institute for Supply Management® (ISM®) serves supply management professionals in more than 90 countries. Its 50,000 members around the world manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 as the first supply management institute in the world, ISM is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. ISM leads the profession through the ISM® Report On Business®, its highly regarded certification programs and the ISM® Advance™ Digital Platform. This report has been issued by the association since 1931, except for a four-year interruption during World War II.
The full text version of the Manufacturing ISM® Report On Business® is posted on ISM®'s website at www.ismrob.org on the first business day* of every month after 10:00 a.m. ET.
The next Manufacturing ISM® Report On Business® featuring August 2022 data will be released at 10:00 a.m. ET on Thursday, September 1, 2022.
*Unless the New York Stock Exchange is closed.
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| 2022-08-01T15:33:16Z
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New housing community in Stockton, CA, aims to get veterans off the streets
By Adrienne Moore
Click here for updates on this story
STOCKTON, California (KOVR) — In the city of Stockton, on any given night, an estimated 140 veterans are forced to sleep on the streets.
On Thursday, the city celebrated a new housing community dedicated to cutting that number down.
Liberty Gardens is a 74-unit housing community. From above, the brightly-colored building looks like any other massive apartment complex.
But inside, it’s much more. A man named Willie — and his twins — now call a three-bedroom unit at Liberty Gardens their home.
Willie served two tours in Afghanistan, and 90 days ago, he was sleeping on a friend’s couch. Today, he’s studying to be a nurse.
“It’s really worked out for me,” Willie said. “It works out for everyone.”
Travis Parker, an Air Force veteran, has settled into a one-bedroom unit at Liberty Gardens. He says it saved his life.
“I was on the verge of homelessness,” Parker said.
Stockton Mayor Kevin Lincoln turned out for the special ceremony celebrating the end of the second phase of building.
The $27-million project is paid for with city, state and federal grants. It’s a bright spot in a city where crime rates are high and homicides are also ticking up.
“This is exactly the kind of housing we need,” Lincoln said.
As for rent? That sits between $388 to $500 a month. The community has a computer lab, on-site behavioral health service and a preschool facility in place.
The mayor hopes other cities will follow suit.
“I think other cities and counties should take a close look at what we’re doing with housing here in Stockton,” Lincoln said.
Officials at Liberty Gardens say most applicants qualify for either Section 8 housing or veterans housing vouchers.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
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https://localnews8.com/cnn-regional/2022/03/31/new-housing-community-in-stockton-ca-aims-to-get-veterans-off-the-streets/
| 2022-04-01T04:15:37Z
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HOUSTON, June 27, 2022 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge Energy" or the "Company") today announced that it was listed in the Houston Chronicle's Top 100 Private Companies headquartered in Houston, TX as published on June 19, 2022, and moving of the Houston Corporate Offices currently planned for early 2023.
Surge Energy Ranked 20th for the second consecutive year on the list of top private companies as determined by the Houston Chronicle. The list is based on 2021 revenues and was published in the Houston Chronicle 100 on June 19, 2022. Of the companies listed in the top 20, Surge Energy is the largest exploration and production operator and is the youngest company listed.
Surge Energy plans to move the Houston Corporate office to the Westway Plaza building located in west Houston to better accommodate the Company's current and growing employee base. The move is currently planned for the first quarter of 2023.
"Being recognized on the Houston Chronicle's Top Private Companies list demonstrates the strength of our people and assets," stated Chief Executive Office Linhua Guan. "In Surge's brief history as a company, Surge's people have delivered an impressive track record of growth, cost reduction, innovation, and resiliency during the price downturn of 2020. Coming out of the low-price environment, the company opportunistically executed two acquisitions in 2021 that kick-started our next phase of growth that we expect to continue in the future."
Surge Energy is an independent oil and natural gas company focused on the development, exploitation, production and acquisition of oil and natural gas reserves in the Midland Basin of West Texas, one of three primary sub-basins of the Permian Basin. The Company is headquartered in Houston, Texas, and currently holds approximately 114,000 net acres in the Permian Basin. For more information, visit our website at www.SurgeEnergyA.com.
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| 2022-06-27T20:45:28Z
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Winter Weather Advisory issued April 9 at 2:46PM MDT until April 10 at 3:00PM MDT by NWS Riverton WY
* WHAT…Snow expected. Total snow accumulations of 4 to 8 inches
the mountains, and 2 to 4 inches in the lower elevations.
* WHERE…Teton and Gros Ventre Mountains and Jackson Hole.
* WHEN…From 9 PM this evening to 3 PM Sunday. The heaviest
snow will occur tonight.
* IMPACTS…Plan on slippery road conditions especially over
Teton and Togwotee mountain passes.
* ADDITIONAL DETAILS…Visibility in heavier bursts of snow will
be around a half mile.
Slow down and use caution while traveling.
The latest road conditions for the state you are calling from can
be obtained by calling 5 1 1.
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https://localnews8.com/weather/alerts-weather/2022/04/09/winter-weather-advisory-issued-april-9-at-246pm-mdt-until-april-10-at-300pm-mdt-by-nws-riverton-wy/
| 2022-04-09T21:08:19Z
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HANGZHOU, China, July 18, 2022 /PRNewswire/ -- Broncus Medical (02216.HK) has completed surgeries on the first group of patients using its InterVapor®(including InterVapor Generator and InterVapor Catheter, the "InterVapor®"), after it was approved for marketing in China. This marked the official entry of InterVapor® into the clinical commercialization phase in China and is expected to benefit patients with chronic obstructive pulmonary disease ("COPD"). The surgeries were completed by teams of professionals led by Professor Long Fa of the Department of Respiratory, Shenzhen Hospital, University of Chinese Academy of Science; and Professor Ouyang Haifeng of the Department of Respiratory and Critical Care Medicine, Chest Hospital, Xi'an International Medical Center Hospital, respectively.
The Company's self-developed InterVapor® was granted approval by the National Medical Products Administration of China (the "NMPA") in March 2022. This is the first NMPA-approved thermal vapor energy ablation systems in China and in the world for the treatment of COPD. InterVapor® is a minimally invasive interventional lung volume reduction product that can achieve sequential staged treatment by targeting the lung segments, thereby leading to a new era of interventional pulmonary in China. The Company has obtained an exclusive patent for the use of thermal vapor for pulmonary treatments with a state-of-the-art technology.
During the course of the surgeries, InterVapor® delivered thermal vapor bronchoscopically to the targeted lung segment and transmitted energy through air convection, which overcomes the traditional obstacles of energy transmission due to the high air content in the lungs, and hence treating severely diseased lung segments. This method of treatment significantly improves the quality of life and lung function of patients and their exercise tolerance while preserving more healthy lung tissues.
COPD is a common chronic respiratory disease and the world's third leading cause of death. According to Frost Sullivan, in 2021, there were approximately 226 million COPD patients worldwide, and at least 106 million of COPD patients in China, and the 5-year survival rate of advanced COPD patients is less than 20%. Currently, the treatment strategy of COPD is still based on drug treatment, which can delay the disease progression to a certain extent, but for severe and acutely severe patients, the effect of drug treatment is very limited. By comparing with the other treatment methods, InterVapor®-based treatment technology is highly innovative and represents a breakthrough, clinically proven to be effective and safe, and fills the gap for treatment of patients with severe emphysema. Currently, InterVapor® has been approved for marketing in major European countries, including the United Kingdom, Germany, Switzerland, Italy, and in Asia Pacific, 12 countries in total. The clinical data of STEP-UP trial (Sequential Segmental Treatment of Emphysema With Upper Lobe Predominance Trial) showed significant improvement in patients lung function and improved the quality of life in patients treated with Broncuchoscopic Thermal Vapor Ablation (BTVA) compared to standard treatment of a 12-month follow-up. Such treatment was included in the Guidelines of Global Initiative for Chronic Obstructive Lung Disease (GOLD). for four consecutive years from 2019 to 2022, which is recommended for patients with severe and acutely severe emphysema. In 2019, InterVapor® was awarded the "Breakthrough Device" designation by the U.S. FDA.
About Broncus
Broncus (02216.HK) is a pioneer in the interventional pulmonology medical device market, provides innovative lung solutions in China and globally. Founded in 2012, the Company has assembled a management team with extensive experience in product development, clinical research and commercialization, and has developed into an enterprise with a China-US dual center. Through close ties with key opinion leaders in the global respiratory interventional field and the establishment of a comprehensive relationship from innovative concepts to project development and implementation, the Company has built a respiratory interventional diagnosis and treatment product pipeline comprises of 17 products and major product candidates, and owned a diversified intellectual property portfolio of 686 patents and patent applications. In addition, the Company through clinical training and market education and with its strong brand promotion and commercialization capabilities, has sales to mainstream markets around the world such as the United States, Europe, and Australia. Company's mission is to become a transformative global leader in pulmonology treatment and set its interventional pulmonology diagnosis and treatment solutions as the gold standard.
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| 2022-07-18T14:42:38Z
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NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Unity Software Inc. ("Unity" or the "Company") (NYSE: U) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Unity investors who were adversely affected by alleged securities fraud between March 5, 2021 and May 10, 2022. Follow the link below to get more information and be contacted by a member of our team:
U investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) deficiencies in Unity's product platform reduced the accuracy of the Company's machine learning technology; (ii) the foregoing was likely to have a material negative impact on the Company's revenues; (iii) accordingly, Unity had overstated the Company's commercial and/or financial prospects for 2022; (iv) as a result, the Company was likely to have to reduce its fiscal 2022 guidance; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Unity during the relevant time frame, you have until September 6, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP
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https://www.kxii.com/prnewswire/2022/09/01/u-lawsuit-alert-levi-amp-korsinsky-notifies-unity-software-inc-investors-class-action-lawsuit-upcoming-deadline/
| 2022-09-01T11:06:20Z
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Needle-Free and Pain-Free Hair Restoration
BOCA RATON, Fla., Aug. 11, 2022 /PRNewswire/ -- August officially marks Hair Loss Awareness Month (HLAM) and is advantageous for announcing the most progressive and effective new treatments and technology for the estimated 80 million men and women that are suffering from hair loss (statistics according to the American Hair Loss Association). Amidst the month that focuses on advancements in hair and scalp health, internationally recognized ABHRS-Certified Hair Restoration Surgeon Dr. Alan J. Bauman, the brain behind Biohacking Baldness and new treatment pioneer, is proud to announce the introduction of Alma "Transepidermal Delivery" or Alma TED to his practice. Alma TED is a new needle-free, pain-free, ultrasound-based system with a proprietary tip engineered with Impact Delivery™ that offers a noninvasive, non-traumatic option to treat hair shedding and hair thinning. It is a Class 1 medical device and is clinically proven to minimize shedding, improve hair growth and scalp health within minutes. Alma TED uses painless ultrasonic sound waves and air pressure to drive powerful topical hair growth treatments and serums into the skin and promote increased blood flow to the scalp using a technique called sonophoresis. It is ideal for patients that want to improve the overall thickness and appearance of the hair and is also used to treat Androgenic Alopecia, Telogen Effluvium as well as in conjunction with other therapies for more profound hair growth results. As there is no injection required, no trauma to the scalp, nor blood drawn, Alma TED can be utilized for patients who are averse to the blood draw required for PRP and other treatments involving needles.
At Bauman Medical, Alma TED is being used to address not only thinning hair in both men and women alike, the treatment is ideal for addressing those suffering from Alopecia, COVID Hair Loss, patchy beards, and even patchy eyebrows. Dr. Bauman has already treated female and male patients ranging in age from 26-62 that suffer not only from hair loss but the lack of self-confidence inherently associated with it. Patients describe the experience as "relaxing, similar to a 20-30 minute scalp massage where I could almost fall asleep." Patients have noticed less shedding during their daily routines as early as two weeks. After a month, patients observe thicker and fuller hair accompanied with less shed.
The hair growth results from Alma-TED were revealed and lauded by physicians at the 2022 Boston AAD American Academy of Dermatology scientific meeting and Bauman Medical is one of the first few practices qualified to offer the therapy to patients in the U.S. "TED is truly a game-changer," says Dr. Bauman. "I'm excited because I know all the hair loss sufferers out there who've avoided effective in-office treatments because of their fear of needles or pain will be thrilled to learn about how TED will help them get ahead of their hair loss situation."
Alma TED uses a specialized serum containing dozens of growth factors designed to reactivate dormant hair follicles and anchor hair shafts. It targets follicles to make it grow thicker hair. Also noted in research studies, is that hair grows back in the original hue. After Alma TED, patients can expect to notice improvements within one month of treatment. Generally, a series of three treatments one month apart are recommended for optimal results. To learn more about Alma TED, see additional TED before and after results photos, as well as additional advancements in hair restoration, please visit https://www.baumanmedical.com/ted-transepidermal-delivery/. For media interviews, please contact danna@canpublicity.com
Dr. Alan J. Bauman is a full-time board-certified Hair Restoration Physician who has treated over 33,000 patients and performed over 12,000 hair transplant procedures and over 12,000 Platelet Rich Plasma (PRPs) and other Regenerative Hair Growth Treatments since starting his medical hair loss practice, Bauman Medical, in 1997 in Boca Raton, FL. Dr. Bauman is known for pioneering numerous technologies in the field of hair restoration including minimally invasive Follicular Unit Extraction (FUE), VIP FUE, No-Shave Hair Transplant, Low-Level Laser Therapy, Platelet Rich Plasma (PRP), PDOgro, Eyelash Transplants and more.
Dr. Bauman has been named "#1 Top Hair Restoration Surgeon" in North America by Aesthetic Everything for six years running and recently named by Forbes as one of "The Ten CEOs Transforming Healthcare in America." In addition to lecturing and consulting worldwide, Dr. Bauman sees patients personally and operates in his nearly 12,000 square foot "Hair Hospital" in downtown Boca Raton, FL.
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SOURCE Bauman Medical
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https://www.kxii.com/prnewswire/2022/08/11/thick-hair-loss-awareness-month-top-hair-doctor-introduces-alma-ted-new-breakthrough-non-invasive-technology-improve-hair-growth/
| 2022-08-11T15:21:09Z
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Meet Canton Repository reporter Tim Botos
Local journalism requires local journalists. Every couple of weeks, we will spotlight Canton Repository staff members who serve the Stark County community.
Tim Botos grew up in Akron; graduated from Kenmore High; then the University of Akron with a degree in mass media/communications. After college, he worked at The Massillon Independent for eight years before joining the Canton Repository in early 1999.
Botos is currently a general assignment reporter. During his time in Canton, he's covered a variety of beats, including western Stark County, Canton City Hall and special projects.
More:Meet longtime staff writer Charita Goshay
Why I became a journalist
I've always enjoyed writing and storytelling. Toss in a desire to give a voice to the voiceless, hold the powerful accountable, and a penchant for curiosity, and journalism is a perfect match.
What I like most about my job
The variety of stories and different people we meet. My favorite stories are otherwise untold ones, the type that writing coach Chip Scanlan would dub "extraordinary stories in ordinary lives."
More:PHOTOS: Meet Canton Repository Staff Photographer Scott Heckel
My favorite story or stories I've worked on
I have lots of favorites. The best stories, in my view, contain universal themes. They help pull the reader through by making them eager to learn "what happens next." The most important piece of a well-written story is deep reporting. It allows us to tell a story with authority.
If I had to name two: "11 Hours in Room 407," about a baby born prematurely at Aultman Hospital. He was handed to his parents, so they could hold him until he died — except he didn't. The other is "13 Days with Caiden," about an 11-year-old boy who collided with a car while riding a bike. It's an intimate look at the anguish and soul-searching his religious parents endured in deciding to remove life support in the name of love.
The biggest challenge I face
Finding time to do all the stories I'd like.
More:Meet Canton Repository writer Paige Bennett
What I like to do when I'm not working
I'm a huge fan of sports — from high school through the pros. Since "retiring" from my other favorite job as a volunteer fast-pitch travel softball coach, I have more time to fish, golf, cook and vegetable garden.
Favorite quote
"It's the little details that are vital; little things make big things happen." John Wooden.
More:Meet Canton Repository food and entertainment writer Ed Balint
How to reach me
You can reach me at tim.botos@cantonrep.com, 330-580-8333 or on Twitter at @tbotosREP
Consider subscribing to The Repository
To support Tim's work and all of the essential local journalism The Repository does, go to CantonRep.com/subscribenow.
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https://www.cantonrep.com/story/news/2022/04/29/canton-repositorys-tim-botos-one-staffs-local-journalists/7397208001/
| 2022-04-29T10:19:03Z
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NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Attention Apyx Medical Corporation ("Apyx") (NASDAQ: APYX) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 12, 2021 and March 11, 2022.
If you suffered a loss on your investment in Apyx, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Apyx includes allegations that the Company 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.
DEADLINE: August 5, 2022
Aggrieved Apyx investors only have until August 5, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.kxii.com/prnewswire/2022/08/01/class-action-alert-law-offices-vincent-wong-remind-apyx-investors-lead-plaintiff-deadline-august-5-2022/
| 2022-08-01T11:26:05Z
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Arçelik CEO Hakan Bulgurlu's keynote speech urges businesses to innovate for sustainable change to protect the natural world from environmental decline
BERLIN, Sept. 3, 2022 /PRNewswire/ -- Arçelik, the global household appliances manufacturer and parent company of 12 leading home appliance brands, including two of Europe's well known brands, Beko and Grundig, keynoted at IFA 2022 calling for sector-wide action to tackle climate change.
In his keynote speech, Mr Bulgurlu spoke of the challenge facing the corporate world, highlighting that rising business innovation has led to more consumption, thus contributing to environmental stress.
Mr Bulgurlu believes that getting this balance right is the purpose of innovation, to create tailored technological solutions to the world's environmental challenges. The clean energy transition, the development of regulated, transparent carbon markets, and the phasing out of coal by 2050 were all stressed as essential climate actions the world needs to take if it is to stand any chance of keeping the 1.5C goal alive.
Arçelik's CEO spoke proudly of the corporation's steely focus on hitting many ambitious climate targets, imploring that the 2050 target date for Net Zero is not an abstract international exercise, but about the lives of every living species on the planet.
Protecting water supply has never been more urgent in a warming world
The event also saw Arçelik launch a new technology designed to tackle household water waste. The new cutting edge SaveWater technology in dishwasher and tumble dryer-washing machine couple, unveiled exclusively for the first time at IFA Berlin, has been crafted to provide perfect cleaning, while helping households use water more efficiently.
The enhanced dishwasher technology saves the last rinsing water in the cycle to be used in the beginning of the next wash. While the SaveWater technology in the tumble dryer-washing machine couple saves up to 5.2 litres of water per load, the dishwasher uses only 6.9 litres of water to wash a full load with 16 place settings capacity, saving 2.6 litres of water every wash whilst offering the lowest water consumption in the Beko range. Developed with water efficiency at heart, the new SaveWater line by Beko gives back a total of up to 7.8 litres of water at every cycle, to you and the world*.
In addition to championing resource efficient innovations, Arçelik also leverages the latest technologies across its own production operations to identify water risks and increase efficiency. Over the past 12 years, Arçelik has saved 2.17 million cubic metres of water, equivalent to the daily water consumption of approximately 2.7 million Turkish households.
Additionally, Arçelik collaborates with both global and local partners, to engage communities and promote sustainable water management. This year, Arçelik is proud to commence its partnership with Water.org, to fund water access projects in Kenya to empower local communities and make a lasting impact to provide water and sanitation solutions.
Hakan Bulgurlu, Chief Executive Officer, Arçelik, said: "Our planet is in a state of climate emergency. Humanity stands at a crossroads in the history of our planet that will define us as a generation of doers or naysayers. At a time like this, sustainability should be a mandatory business model and not merely a cost driver.
"All of us in this industry need to prioritise innovation and commit to inventing technologies that make a real difference to energy, water, and environmental issues.
"At Arçelik we want to use our global status and resources to drive the international agenda for climate protection, greater product efficiencies, and durability to help us all get richer, without making our planet far poorer. The SaveWater product line demonstrates our ambition to be the world's most sustainable brand and embrace innovative technologies that will benefit people across the world.
"It's time to step up to the challenge, the reward for our collective climate action will be our security as a viable industry operating in stable markets where people are free to grow their businesses, their families, and their communities without the risk of climate catastrophe looming large on the horizon."
Arçelik is constantly innovating to meet the challenges of the 21st century, from resource efficiency to waste management and recycling. This also includes its approach to environmentally-friendly packaging alternatives. In 2021, Arçelik used 324 tons of 100% recycled and recyclable cardboard and 40 tons of molded pulp instead of EPS in the cooker, hood, small domestic appliances, and consumer electronics categories. Arçelik is the first home appliance manufacturer worldwide to offer a major domestic appliances line-up with EPS-free packaging.
These far-reaching commitments and actions have earned Arçelik important industry accolades, including being listed as the first and only Turkish manufacturer in the Dow Jones Sustainability Index for the third year in a row and acknowledged by the FTSE4Good and BIST Indexes.
Notes to editors
*Disclaimer: *Tumble Dryer saves up to 5.2L of water per cycle for full load 10kg declaration programme. Dishwasher saves 2.6L of water per cycle in Eco Program compared to similar Beko Dishwashers without SaveWater Technology. Beko SaveWater Line saves up to total 7.8 Litres of water at every cycle.
About Arçelik
With over 40,000 employees throughout the world, Arçelik's global operations including sales and marketing offices in 52 countries, and 28 production facilities in 9 countries with 12 brands (Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko). As Europe's second-largest white goods company by market share (based on volumes), Arçelik reached a consolidated turnover of 6.5 billion Euros in 2021. Arçelik's 28 R&D and Design Centers & Offices across the globe, are home to over 2,200 researchers and hold more than 3,000 international patent applications to date. In 2021, Arçelik achieved the highest score in the DHP Household Durables category for the 3rd year in a row in the Dow Jones Sustainability Index of the S&P Global Corporate Sustainability Assessment. Through its leadership position in sustainability and credible decarbonization roadmap for achieving net zero, Arçelik became the first and only company from its industry to receive the Terra Carta Seal by HRH Prince of Wales. Arçelik's mission is 'Respecting the World, Respected Worldwide.'
Photo - https://mma.prnewswire.com/media/1891257/Arcelik_CEO_1.jpg
Photo - https://mma.prnewswire.com/media/1891258/Arcelik_CEO_2.jpg
Photo - https://mma.prnewswire.com/media/1891259/Arcelik_CEO_3.jpg
Photo - https://mma.prnewswire.com/media/1891260/ArCelik_Beko_SaveWater.jpg
Logo - https://mma.prnewswire.com/media/1653921/Arcelik_Logo.jpg
Logo - https://mma.prnewswire.com/media/1663075/Beko_Logo.jpg
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SOURCE Arçelik
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https://www.kxii.com/prnewswire/2022/09/03/arelik-responds-earths-crisis-call-ifa-keynote-with-urgent-appeal-climate-action/
| 2022-09-03T11:47:03Z
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NEW YORK, July 21, 2022 /PRNewswire/ -- Synaptogenix, Inc. (Nasdaq: SNPX) ("the Company"), a clinical-stage biopharmaceutical company developing regenerative therapeutics for neurodegenerative disorders, today announced that it will hold a corporate update conference call for investors. The call will take place on Tuesday, July 26th at 4:30pm ET and will be hosted by the Company's Chief Executive Officer, Dr. Alan Tuchman, and its President and Chief Science Officer, Dr. Daniel Alkon. Drs. Tuchman and Alkon will also take live Q&A following their prepared remarks.
The U.S. toll free dial-in for the conference call is (877) 407-8293, and the international dial-in number is 1-(201) 689-8349.
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. These forward-looking statements include statements regarding the anticipated initiation of a clinical trial to treat Multiple Sclerosis with bryostatin and continued development of use of Bryostatin-1 for Alzheimer's disease, Fragile X and other cognitive diseases. Such forward-looking statements are subject to risks and uncertainties and other influences, many of which the Company has no control over. There can be no assurance that the clinical program for Bryostatin-1 will be successful in demonstrating safety and/or efficacy, that we will not encounter problems or delays in clinical development, or that Bryostatin-1 will ever receive regulatory approval or be successfully commercialized. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Additional factors that may influence or cause actual results to differ materially from expected or desired results may include, without limitation, the Company's inability to obtain adequate financing, the significant length of time associated with drug development and related insufficient cash flows and resulting illiquidity, the Company's patent portfolio, the Company's inability to expand its business, significant government regulation of pharmaceuticals and the healthcare industry, lack of product diversification, availability of the Company's raw materials, existing or increased competition, stock volatility and illiquidity, and the Company's failure to implement its business plans or strategies. These and other factors are identified and described in more detail in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to update these forward-looking statements.
Contact information:
Investors and Media
800-811-5591
ir@synaptogen.com
Robert Weinstein
Chief Financial Officer
Synaptogenix, Inc.
rweinstein@synaptogen.com
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SOURCE Synaptogenix, Inc.
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https://www.wibw.com/prnewswire/2022/07/21/synaptogenix-announces-corporate-update-conference-call/
| 2022-07-21T14:28:19Z
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CHICAGO, May 18, 2022 /PRNewswire/ -- There are clear trends in the car insurance world, and every day the insurance agents at Insurance Navy are working to uncover them. Every year, the cost of car insurance changes, and every make and model is subject to different car insurance rates. While some 2022 car insurance statistics have yet to be released, Insurance Navy has already narrowed down some of the new cars that come with the cheapest car insurance rates.
This year, the cheapest makes and models to insure are the Honda CR-V LX, Jeep Wrangler JL Sport, Subaru Crosstrek, and the Subaru Forester 2.5l. A CR-V LX costs around $1,574 annually to fully insure, and the Forester 2.5l is around $1,613. The rest of the previously mentioned vehicles cost anywhere between this maximum and minimum. This is actually less than the national average of around $1,630.
"We found that small-sized SUVs and minivans are vehicles with some of the lowest auto insurance rates," says Insurance Navy CEO Fadi Sneineh. "These cars are often built for passengers and families, so they have to go above and beyond with their safety features. Car insurance companies like ourselves love these cars for that reason."
Of course, auto insurance discounts also play a big role in car insurance rates, so there is a chance that anyone can save even more when they buy auto insurance on one of these cars. Down the line, it's estimated that car insurance policyholders with safe cars are able to save up to several hundred dollars on their car insurance if they maintain safe driving habits.
Here is what each of these four cars will average in car insurance premiums:
Honda CR-V LX–$1,574
Jeep Wrangler JL Sport–$1,585
Subaru Crosstrek–$1,606
Subaru Forester 2.5I–$1,613
In order to save on car insurance if you don't own one of these cars, it helps to have your car's safety features evaluated and even upgraded. Safety measures go a long way in when shopping for cheap car insurance, and these makes and models are proof of that.
Insurance Navy provides non-standard car insurance to drivers for liability coverage that meets their state's minimum limits. Insurance Navy specializes in providing SR22 insurance, which is a certificate of financial responsibility for high-risk drivers.
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SOURCE Insurance Navy
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https://www.mysuncoast.com/prnewswire/2022/05/18/insurance-navy-names-2022-cars-with-lowest-car-insurance-rates/
| 2022-05-18T18:03:52Z
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NEW YORK, Aug. 13, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Unilever PLC (NYSE: UL) between September 2, 2020 and July 21, 2021, both dates inclusive (the "Class Period"), of the important August 15, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Unilever securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Unilever class action, go to https://rosenlegal.com/submit-form/?case_id=7063 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 15, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that in July 2020, Ben & Jerry's board passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" as well as the risks attendant to the board's decision. Additionally, Unilever's s description of its legal risks was materially false and misleading because Unilever acknowledged that complying with all applicable laws and regulations was important but omitted discussing Ben & Jerry's boycott decision, which risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states ("Anti-BDS Legislation").
On July 19, 2021, Unilever and its hand-picked Ben & Jerry's CEO, finally "operationalized" the Ben & Jerry's board's resolution to boycott. Ben & Jerry's announced on its website and through its Twitter account that, upon the expiration of the current licensing agreement by which its products had been distributed in Israel for decades, Ben & Jerry's would end sales of its ice cream in "Occupied Palestinian Territory" but Ben & Jerry's would purportedly continue to sell its products in Israel.
Ultimately, the states of New York, New Jersey, Florida, Texas, Illinois, Colorado, and Arizona announced decisions to divest their pension fund investments in Unilever due to violations of their Anti-BDS Legislation.
When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Unilever class action, go to https://rosenlegal.com/submit-form/?case_id=7063 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
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https://www.wibw.com/prnewswire/2022/08/13/ul-deadline-alert-rosen-leading-law-firm-encourages-unilever-plc-investors-secure-counsel-before-important-monday-deadline-securities-class-action-ul/
| 2022-08-13T16:23:21Z
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PITTSBURGH, May 15, 2022 /PRNewswire/ -- The United Steelworkers (USW) today said that the union has reached a tentative agreement on a new, four-year master contract with Arconic (NYSE: ARNC) covering roughly 3,400 workers in Davenport, Iowa; Alcoa, Tenn.; Lafayette, Ind.; and Massena, N.Y.
USW District 11 Director Emil Ramirez, who chaired the negotiations, said the tentative agreement features substantial wage and benefit improvements for all Arconic employees.
"For their outstanding work throughout the pandemic and beyond, USW members have earned and deserve a fair agreement," Ramirez said. "The unity and solidarity of our membership across all of the Arconic locations enabled us to negotiate improved security for our earnings, benefits and jobs in this contract."
The USW said that the proposed new contract increases wages by 20 percent over its term, maintains the current health care coverage with no premium increases, improves pensions and includes the addition of Martin Luther King Jr. Day as a holiday.
Members of the USW committee will now return to their locals to discuss the terms of the proposed agreement with workers with the unanimous recommendation that it be ratified.
The USW represents 850,000 men and women employed in metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in tech, higher education, public sector and service occupations.
More information, contact: Tony Montana – (412) 562-2592 or tmontana@usw.org
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SOURCE United Steelworkers (USW)
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https://www.wibw.com/prnewswire/2022/05/15/usw-announces-tentative-agreement-with-arconic-four-year-contract/
| 2022-05-15T13:58:14Z
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CHICAGO (AP) — Luis Arraez had three hits, including a tiebreaking RBI single in Minnesota’s four-run 10th inning, and the Twins beat the Chicago White Sox 6-3 on Monday night.
Arraez’s leadoff grounder against Joe Kelly (0-2) drove in pinch-runner Gilberto Celestino. Jorge Polanco added a sacrifice fly, and Alex Kirilloff made it 6-2 with a two-run single.
Kelly hurt himself with two consecutive walks ahead of Polanco’s fly ball to left. Manager Tony La Russa was thrown out by plate umpire David Rackley as the 10th fell apart for the White Sox.
“He’s a better umpire than today and in a close game like that, that’s a potential difference maker,” La Russa said. “But when you get beat, you get beat. You don’t blame the umpire. He made it tougher for us, but we still had a chance to win.”
Chicago also ran itself into a triple play with an embarrassing baserunning display in the seventh.
The AL Central contenders faced off hours after a gunman opened fire on an Independence Day parade in suburban Chicago, killing at least six people. The White Sox talked to Major League Baseball about postponing the game, but it went on as scheduled.
The postgame fireworks show was canceled, and a moment of silence was observed before the first pitch.
The division-leading Twins (46-37) won for the third time in four games. The White Sox (38-40), who played the first of 19 consecutive games against AL Central opponents, had won three in a row. They missed a chance to reach the .500 mark for the first time since June 21.
Emilio Pagán (3-3) got three outs for the win. Jhoan Duran allowed AJ Pollock’s RBI single in the 10th before closing it out, striking out Tim Anderson with runners on the corners on his final pitch.
Arraez hiked his major league-leading batting average to .348 and extended his hitting streak against the White Sox to 13 games. He is batting .429 (21 for 49) against the Sox since the streak started on June 5, 2021.
“I bet a lot of baseball people would pick Luis Arraez as the guy to come up with a guy on second and the game on the line,” Twins manager Rocco Baldelli said.
Chicago trailed 2-1 before Yoán Moncada singled home José Abreu in the seventh. With pinch-runner Adam Engel on second and Moncada on first, Pollock hit a deep drive to center that Buxton tracked down with an over-the-shoulder catch.
Engel and Moncada were running as Buxton brought in the ball. The Gold Glove-winning center fielder then threw quickly to third baseman Gio Urshela, who tagged Moncada between second and third and stepped on second to complete the Twins’ first triple play since June 6, 2021, at Kansas City.
“This was the weirdest one,” Urshela said.
“I had no idea what was going on,” Baldelli said. “I thought we got one out. And (Buxton) turned and fired it in. And as soon as he fired it in, I saw there was some commotion on the bases. I wasn’t even sure who was where and who was trying to get back and what base they started.”
Buxton also went deep, hitting a two-run homer against Johnny Cueto in the fifth. Buxton extended his hitting streak against the Sox to 10 games, during which he’s batting ,488 (19 for 37) with eight homers and 15 RBIs.
The White Sox had grabbed a 1-0 lead on Abreu’s homer off Dylan Bundy in the second. It was Abreu’s team-high 10th on the season.
White Sox closer Liam Hendriks, who was activated from the 15-day injured list after being sidelined since June 11 due to a right forearm strain, struck out the side in the eighth. Hendricks’ fastball topped out at 97 mph.
TRANSACTIONS
Twins: RHP Trevor Megill (shoulder impingement) was reinstated from the 15-day injured list. RHP Juan Minaya was designated for assignment. RHP Tyler Thornburg cleared waivers and has 48 hours to accept a minor league assignment or refuse it and become a free agent.
White Sox: Engel was reinstated from the 10-day IL. OF Adam Haseley and RHP Jimmy Lambert were optioned to Triple-A Charlotte.
TRAINER’S ROOM
Twins: First baseman Miguel Sano (left knee sprain) started a rehab assignment for Class-A Fort Myers.
White Sox: OF Eloy Jiménez (hamstring tear) could rejoin the team by the end of the week. “It’s closer,” La Russa said of Jiménez, who went 2 for 4 and played the entire game in left field for Charlotte in a 6-3 loss at Gwinnett. … C Yasmani Grandal (back spasms) will resume running the bases Tuesday, but there is no time frame for his return, La Russa said.
UP NEXT
The Twins send RHP Chris Archer (2-3, 3.08 ERA) to the mound Tuesday night. Archer allowed one run in four innings in a 5-3 loss to the Guardians on Thursday. The White Sox will start RHP Michael Kopech (2-5, 2.78 ERA). Kopech allowed four runs in 5 1/3 innings in a 4-1 loss to the Angels on Wednesday.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/arraez-gets-3-hits-as-twins-beat-white-sox-6-3-in-10-innings/
| 2022-07-05T19:34:21Z
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Boston-based fintech partners with First National Bank of Omaha (FNBO) to develop SaaS solution to manage key aspects of cash flow control lifecycle: forecasting, managing receivables and payables, and obtaining credit
BOSTON, April 11, 2022 /PRNewswire/ -- Today Centime, a Boston-based fintech, launched Cash Flow Control: a first-of-a-kind solution purpose built to help small and mid-sized businesses control and manage cash flow.
Effective immediately, Centime Cash Flow Control is available to all U.S.-based businesses using the financial General Ledger applications of Intuit QuickBooks and Oracle NetSuite.
The solution consists of several interconnected modules that work together to support the cash control lifecycle of a business
- Automated rolling 13-week cash flow forecasting uses artificial intelligence (AI) and machine learning to predict cash inflows and outflows
- Accounts receivable management provides increased visibility into payment delays, facilitates on-time payments through automated reminder campaigns, and drives online payments through an integrated merchant account
- Accounts payable management helps determine who, when and how to pay with the goal of maximizing working capital
- Integrated credit solutions facilitate the bridging of cash flow gaps and short-term working capital needed to support growth
- KPI monitoring provides the metrics and insights required to ensure robust cash flow performance
Centime Cash Flow Control gives business leaders a clear picture of how each element of cash flow control affects the other in a real-time, rolling basis and taps into AI and machine learning to blend businesses' historical data with industry trends to deliver visibility, predictions, management and control.
"Businesses have opportunities to grow in good times and bad," Centime founder and CEO BC Krishna said. "And in both good times and bad, cash makes or breaks businesses. For most businesses, cash flow management is poorly understood, overly complicated and inconsistently managed. Centime Cash Flow Control is a simple, easy to use solution that allows businesses to manage one of their most critical resources."
Covid exposed the risks posed to businesses by poor cash management — or simply an uncertain environment. As businesses across America continue to struggle with labor shortages, supply chain disruptions, inflation and uncertainty in the world, they must take ownership of their cash. While the government's Paycheck Protection Program (PPP) helped businesses bridge gaps at the height of the pandemic, and banks stepped in to further accommodate their clients' unforeseen stressors, moving forward requires that business leaders gain control over all aspects of their cash.
Centime was founded just before the global Covid pandemic struck in 2020, creating unexpected disruptions while also opening doors to creative solutions. In the intervening two years, an extended team of 150 engineers, designers, product managers, finance professionals, payments experts and bankers from Centime and its strategic partner FNBO have worked closely to develop this unique, simple, yet comprehensive cash flow control solution.
A beta testing initiative, Centime's Early Access Program (EAP), provided valuable client feedback that has and continues to influence the features and functionality of Cash Flow Control — ensuring it truly provides transformative, actionable insights for businesses.
"That's the hope for a person like me, an average, small to mid-sized business owner and executive officer," said Todd Murphy, CEO at Universal Information Services and a Centime EAP client. "Getting to a point in time when projecting my cash flow is simple, accurate, and meaningful to help me get a pulse on my businesses has been a revelation," he said.
Carrie Zoucha, FNBO's VP, commercial payments, who knows Murphy's business as a member of the team that serves his banking needs, spoke to Centime's product development collaboration with the bank. "From the very beginning, our partnership with Centime has been a relationship built on mutual trust, collaboration and innovation. At FNBO, we take pride in being customer-led and providing guidance to help businesses grow. Our partnership with Centime has allowed us to take a common problem that so many businesses face, and help build a solution to help them thrive. It's been exciting to see Centime come to life, and particularly invigorating to hear about its impact from our customers."
About Centime
Centime, Inc. is a Boston-based fintech led by a veteran team of banking, payments, design and fintech professionals. We are bound by a shared desire to help small to mid-sized businesses thrive through strategic cash flow management. For media queries, email media@centime.com For detailed product information, email sales@centime.com. Learn more at Centime.com, and connect with us on Twitter, Facebook and LinkedIn.
About FNBO
First National Bank of Omaha is a subsidiary of First National of Nebraska. First National of Nebraska and its affiliates have more than $26 billion in assets and nearly 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota, Texas and Wyoming. Learn more at fnbo.com and connect with us on Facebook, Twitter and Instagram.
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SOURCE Centime, Inc.
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https://www.mysuncoast.com/prnewswire/2022/04/11/centime-launches-comprehensive-cash-flow-control-solution-small-mid-sized-businesses/
| 2022-04-11T14:37:11Z
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BOSTON, Aug. 16, 2022 /PRNewswire/ -- Below is the July 2022 Monthly Update for the Liberty All-Star Equity Fund. (NYSE: USA)
Liberty All-Star Equity Fund
Ticker: USA
Monthly Update, July, 2022
Investment Approach:
Fund Style: Large-Cap Core
Fund Strategy: Combines three value-style and two growth-style investment managers. Those selected demonstrate a consistent investment philosophy, decision making process, continuity of key people and above-average long-term results compared to managers with similar styles.
Investment Managers:
Value Managers:
Aristotle Capital Management, LLC
Fiduciary Management, Inc.
Pzena Investment Management, LLC
Growth Managers:
Sustainable Growth Advisers, LP
TCW Investment Management Company
New Holdings
Merck & Co., Inc.
Starbucks Corp.
Holdings Liquidated
Chubb, Ltd.
Textron, Inc.
Walt Disney Co.
The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund's portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount.
Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses. Returns are calculated assuming that a shareholder reinvested all distributions. Past performance cannot predict future investment results.
Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. Shareholders must be willing to tolerate significant fluctuations in the value of their investment. An investment in the Fund involves risk, including loss of principal.
Sources of distributions to shareholders may include ordinary dividends, long-term capital gains and return of capital. The final determination of the source of all distributions in 2022 for tax reporting purposes will be made after year end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its fiscal year and may be subject to changes based on tax regulations. Based on current estimates a portion of the distributions consist of a return of capital. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholder 1099-DIV forms after the end of the year.
All data is as of July 31, 2022 unless otherwise noted.
Liberty All-Star® Equity Fund
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
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https://www.wibw.com/prnewswire/2022/08/16/liberty-all-star-equity-fund-july-2022-monthly-update/
| 2022-08-16T20:55:36Z
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Our First Collaboration is set to Define the Individualism, Fun, Creativity, and Culture of the LGBTQ+ Community at the LA Pride 2022 Christina Aguilera x FUN WINE Pop-Up
MIAMI and LOS ANGELES, June 6, 2022 /PRNewswire/ -- Today, Miami-born Fun Wine announces that Christina Aguilera will join the team as Chief Culture Officer. The company, famed for its ready-to-go wine cocktails, has been committed to encouraging creative self-expression since its origins. Working alongside the company's Founder & CEO, Joe Peleg, Aguilera will also help Fun Wine continue its global expansion across Europe and Asia.
Leading up to her headlining performance at this year's LA Pride Festival, Christina Aguilera will host a merchandise pop-up in Los Angeles in partnership with Fun Wine on June 9th and 10th. There will be an exclusive invite-only pre-opening event on the evening of June 8th where media, influencers, and friends & family will be invited. At this pop-up, customers will have first access to Christina's pride-themed merchandise and the exclusive chance to taste Fun Wine.
Christina Aguilera, Chief Culture Officer at Fun Wine, said of her appointment:
"I am thrilled with this opportunity to be Fun Wine's, Chief Culture Officer. In addition to being a wine enthusiast, I am a believer in encouraging self-expression, which aligns with Fun Wine's colorful and creative aesthetic. My first collaboration with the brand will kick off my role as Chief Culture Officer in the most special way, as we celebrate individualism, fun, creativity, and culture with the LGBTQ+ Community for Pride Month on June 8th, 9th and 10th at our Merch Pop-Up Shop!"
Founder & CEO of Fun Wine, Joe Peleg shares:
"At the heart of the brand has always been this belief that finding and expressing yourself can and should be fun. There is no better person to take this position than Christina as she personifies everything that we care about. We will see Christina spring into action via our first project at LA Pride in June, which will be followed by a packed roster of activities that will take Fun Wine from strength to strength and create a positive change for everyone that the brand touches. Welcome to the team, Christina!"
About Christina Aguilera
Christina Aguilera is a Grammy Award-winning singer-songwriter renowned for her powerful voice and hit songs. Throughout her career, she has sold more than 43 million records worldwide. Aguilera has achieved five No. 1 singles on the Billboard Hot 100 chart making her the fourth female artist to top the chart over three consecutive decades (the 1990s, 2000s, and 2010s). She has won six Grammy Awards, including one Latin Grammy Award. She has also received a star on the Hollywood Walk of Fame and holds the prestigious honor of being the only artist under the age of 30 included in Rolling Stone Magazine's list of the 100 greatest singers of all time. Additionally, in 2021 she received the inaugural Music Icon Award at the People's Choice Awards. Aguilera continues to use her voice for good, having served as the global spokesperson for Yum! Brands' World Hunger Relief effort since 2009 has helped raise over $150 million for the World Food Program and other hunger relief agencies. She continues to be represented by Roc Nation, CAA, and imPRint. www.christinaaguilera.com
About Fun Wine
Fun Wine is a Miami-born, flavor-first, good-to-go wine cocktail pursuing fun through the inspiration of self-expression. Each of the six all-natural ingredient flavors is full of life, bursting with personality, and individuality as well as an unmatchable flavor that packs a punch with only 59 calories per 5oz pour and is sweetened with Monk Fruit. Fun Wine flavors include Peach Passion Moscato™, Coconut Pineapple Chardonnay™, Strawberry Rosé Moscato™, and Sangria as well as The Cafe Graffiti Collection™ - Espresso Cabernet™ and Cappuccino Chardonnay™. Each flavor is sold in a beautifully designed 750 mL glass bottle and 330 mL aluminum bottles. Visit Funwine.com or @funwineofficial to learn more.
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https://www.kxii.com/prnewswire/2022/06/06/fun-wine-announces-iconic-music-artist-christina-aguilera-chief-culture-officer/
| 2022-06-06T17:27:29Z
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NEW YORK, Sept. 1, 2022 /PRNewswire/ -- 5WPR, one of the largest independently-owned PR firms in the U.S., announced today the expansion of its Corporate Communications division with new Environmental, Social and Governance (ESG) team.
The Environmental, Social, and Governance team is increasingly being tapped to build dynamic PR campaigns for ESG companies who assess their clients' ESG risks and help them implement programs to strengthen their organizations and compete in the new corporate paradigm. The team is also relied upon by large companies to amplify their groundbreaking ESG initiatives and demonstrate their exemplary corporate stewardship.
"Companies are rightfully being held to higher standards and expectations, their consumers and investors are expecting the brands they love to more closely align with their personal values and be good corporate citizens," said 5WPR CEO, Matthew Caiola. "We're proud of our ESG clients and the work we do for them in sharing the value they bring to their clients and our society overall."
PR services offered to corporate clients include messaging and positioning, media relations, initial public offering media strategy, new market expansion campaigns, visibility programs, content creation, sponsorships/partnerships, digital media campaigns, event planning, thought leadership and speaking opportunities.
5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 275 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and Digital Marketing (Social Media, Influencer, Paid Media, SEO). Founded by Ronn Torossian nearly 20 years ago, 5W was named to Inc. Magazine's Best Workplaces 2022 list, awarded 2020 PR Agency of The Year, and brings leading businesses a resourceful, bold and results-driven approach to communication.
Media Contact
Matthew Caiola
mcaiola@5wpr.com / 212.999.5585
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https://www.wibw.com/prnewswire/2022/09/01/5wpr-announces-expansion-corporate-communications-offerings-with-dedicated-environmental-social-governance-team/
| 2022-09-01T16:40:30Z
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Letter to the editor: Be concerned about air filtration at schools
All known SARS-CoV variants are predominantly airborne viruses. School starts soon. New school-year meetings will begin, but masking up has become mostly passé.
All parents should be inquiring of school boards and administrators whether anti-microbial HVAC filtration elements (MERV rating of 14 or 16 for 0.3 micron particulates) are installed in all buildings. Additionally, there should be at least five air changes per hour in classrooms (per American Society of Heating, Refrigerating and Air-Conditioning Engineers) where windows are not generally open.
Yes, these are technical specifications, but disease mitigation is a technical field. Schools are – by their nature – potentially "super-spreading" institutions.
Let's keep our communities, and our children, as safe as we possibly can this school year.
James Walker, Massillon
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https://www.cantonrep.com/story/opinion/letters/2022/08/05/letter-editor-concerned-air-filtration-schools/10204528002/
| 2022-08-05T11:04:36Z
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PHOENIX (AP) — Arizona victims of long-ago child sex abuse can proceed with lawsuits against groups like the Boy Scouts of America after the state Supreme Court rejected claims that a state law extending victims’ right to sue was unconstitutional.
Arizona is among many states that have reacted to child sex abuse in recent yearsby allowing victims of even decades-old abuse to sue groups that didn’t protect them from predators. That has led to lawsuits against the Roman Catholic Church, Scouts and others.
The high court last week rejected appeals by Big Brothers Big Sisters of America and its affiliates in central and southern Arizona of lower court rulings that found a 2019 law extending the statute of limitations was constitutional.
The rulings appear to be the first to directly address whether the Arizona law is legal, according to Phoenix attorney Robert Pastor, who represents victims in the two cases the high court considered.
Those lawsuits allege that the group that connects youth called “Littles” with adult mentors known as “Bigs” did not properly oversee the Bigs. The cases involved two men who abused boys, one in 1983 and one in the 1970s, court filings show. The men are not defendants.
Child USA, a national group that pushes for so-called “revival” laws that allow old cases to be pursued in court, urged the high court to uphold the trial court rulings. It noted Arizona was among more than 30 states enacting legislation since 2002 allowing such lawsuits, most in recent years.
“A ruling against (the law’s) revival window would have negative ramifications for all the child sexual abuse survivors throughout Arizona who are embracing the window in pursuit of long overdue justice,” the group’s filing said.
The Utah Supreme Court in 2020 threw out its revival law, but other states have upheld them, including the Connecticut Supreme Court in 2015 in a case involving a Roman Catholic priest.
Arizona’s high court considered appeals from decisions by two Maricopa County Superior Court judges who rejected Big Brothers Big Sisters’ arguments that the Legislature violated its due process rights by extending the statute of limitations.
The judges said in rulings issued last year that courts have long held that changing a statute of limitation is within the rights of legislatures.
The lawsuits were put on hold while the group appealed, but now can proceed.
Big Brothers Big Sisters of America spokeswoman Dvon Williams said the group does not comment on litigation. The CEO of the Southern Arizona chapter, Marie Logan, declined to comment on the suits, and calls and emails to the affiliate in Phoenix were not immediately returned.
Arizona’s 2019 law provided a one-time window for victims of long-ago child sex abuse to sue beyond the existing two-year statute of limitations that began once they turned 18. That window closed at the end of 2020. It also created a much longer time for more recent victims to sue after they turn 18, allowing lawsuits to be filed up to age 30.
The lawmaker who pushed the law said he was pleased with the court rulings.
“I never had any concerns that it wasn’t constitutional,” said Republican state Sen. Paul Boyer, whose insistence on the law held up the state budget in 2019. “I would have loved the window to have been open longer and I would have loved to have it higher than age 30, but it was a compromise.”
Pastor, the attorney who represents the two unidentified men suing over abuse by their “Bigs,” said Thursday that he’ll now be able to find out how much Big Brothers Big Sisters knew about child predators who he says used their organization to groom and victimize children.
He said groups like Big Brothers Big Sisters provide vitally needed support for children, but must be vigilant about keeping predators from using them to find victims.
“What we know as litigators advocating for survivors is that perpetrators will seek out volunteer opportunities in these organizations, because perpetrators need access to children,” Pastor said.
In addition to the cases Pastor is pursuing against Big Brothers Big Sisters, lawsuits have been filed in Arizona against the Boy Scouts of America, the Roman Catholic Church, the state Department of Child Safety and schools and universities, he said.
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https://cw33.com/news/u-s-news/ap-u-s-headlines/arizona-court-wont-halt-sex-suits-naming-boy-scouts-others/
| 2022-04-16T00:59:31Z
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MILWAUKEE, Aug. 19, 2022 /PRNewswire/ -- The following is being released by A.B. Data, Ltd., the Court-appointed Settlement Administrator for the Automobile Antitrust Cases I and II, JCCP Nos. 4298 and 4303, CJC-03-004298 and CJC-03-004303, Superior Court of the State of California for the County of San Francisco.
COURT-AUTHORIZED LEGAL NOTICE
Did you buy or lease a new car or truck in California of any of the following vehicle makes at any time from January 1, 2001 through April 30, 2003?
If so, YOU MAY RECEIVE A PAYMENT from
an $82 million cash class action settlement.
Please Visit www.CalCarsSettlement.com or Call 1-877-354-3833
The settlement resolves a class action antitrust lawsuit titled Automobile Antitrust Cases I and II, JCCP Nos. 4298, 4303, pending in San Francisco County Superior Court. The settlement provides $82 million cash, minus Court-approved fees and costs, for the benefit of Class Members. If you are a Class Member, you must file a claim to receive payment. You may also object to the settlement. Visit the website or call the number above to learn about the lawsuit and the settlement, whether you are a Class Member, and all of your options and the deadlines to act.
ACT NOW. Go to the website to file a claim for payment—
the deadline to file is DECEMBER 31, 2022.
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https://www.mysuncoast.com/prnewswire/2022/08/19/purchasers-lessees-new-cars-california-between-january-1-2001-april-30-2003-may-be-entitled-payment-class-action-settlement/
| 2022-08-19T14:38:31Z
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MACOMB, Mich., Sept. 2, 2022 /PRNewswire/ -- Ascent Aerospace, a leading provider of aerospace tooling systems, factory automation and integration services, will be an exhibitor at the International Manufacturing Technology Show in Chicago, IL at McCormick Place from September 12-17, 2022. As the largest show in the Western hemisphere, and this year being co-located with Hannover Messe, it will be the event of the year with over 2,000 booths and 9 application focused pavilions to cater to each and every industry need.
This year at IMTS, Ascent will be showcasing a parallel kinematic machine (PKM) that has extreme accuracy, flexible mounting options and is customizable to meet specific machining applications for any industry. As an expert in automated solutions and factory integration, Ascent Aerospace can incorporate robots, like this PKM, into new or existing systems to meet specific customer needs and industry requirements. With unmatched expertise, Ascent creates flexible and scalable applications to propel production for customers in the right direction to reduce cycle times or recurring costs while increasing overall quality and a safer work environment for all.
Visit Ascent Aerospace in Level 3 of the North building at booth 236367 to define the best solution to drive your manufacturing excellence.
Ascent Aerospace is a world renowned, single-source provider of turnkey production and automated assembly systems for the aerospace, defense and space industries. Our unique offering consists of a variety of products and solutions to resolve challenging aerostructure assembly requirements, from wing components and fuselage structures to final assembly lines. As the industry's largest tooling and automation group, Ascent produces a full suite of composite tooling, including layup molds, mandrels, bond tools, and trim and drill fixtures, including the largest Invar molds ever made for aerospace. In addition, Ascent offers automated, high-precision drilling and fastening systems, having installed more than 2,200 systems globally. As an assembly line integrator, Ascent works with airframers to develop their project and see it through from process design and engineering through build and installation, to ensure it is an efficient and cost-effective solution. This strategy has allowed Ascent Aerospace to develop long-term, strategic alliances with the world's foremost manufacturers in the commercial aerospace, business aviation, defense, space launch and satellite industries. Visit www.ascentaerospace.com for more information.
Media Contact
Marisa Bennett - Marketing Manager
Marisa.Bennett@ascentaerospace.com
Tel: +1-586-464-4122
www.ascentaerospace.com
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https://www.kxii.com/prnewswire/2022/09/02/ascent-aerospace-exhibit-imts-september/
| 2022-09-02T22:04:17Z
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CAMBRIDGE, Mass., April 20, 2022 /PRNewswire/ -- HubSpot, the customer relationship management (CRM) platform for scaling companies, announced today that it will report its first quarter 2022 financial results after the U.S. financial markets close on Thursday, May 5, 2022.
In conjunction with this report, HubSpot will host a conference call on Thursday, May 5, 2022, at 4:30 p.m. Eastern Time (ET) to discuss the company's first quarter 2022 financial results and its business outlook.
HubSpot First Quarter 2022 Financial Results Conference Call
When: Thursday, May 5, 2022
Time: 4:30 p.m. ET
Conference ID: 67135
Live Call Registration: Dial-in Link
Webcast: Webcast Link
Replay
Domestic: 1-866-813-9403
International: +44 204 525 0658
Conference ID: 734602
An archived webcast of this conference call will also be available on HubSpot's Investor Relations website at ir.hubspot.com.
About HubSpot
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 135,000 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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https://www.wibw.com/prnewswire/2022/04/20/hubspot-announces-date-first-quarter-2022-financial-results-release/
| 2022-04-20T20:35:18Z
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Elotek Will Now Provide Full Sales Representation of the Leader in Force Measurement's Products in California, Arizona, New Mexico, and all of Nevada
SCOTTSDALE, Ariz., April 6, 2022 /PRNewswire/ -- Interface, the leader in force measurement solutions, has announced the expansion of territory coverage by Elotek Systems, a professional, highly-technical marketing organization structured to sell solutions in sensor, data acquisition, instrumentation, OEM, and telemetry markets. Elotek will now offer Interface's extensive catalog of the industry's most accurate and reliable sensors and instrumentation to customers in Arizona, California, New Mexico, and all Nevada.
For several years, Elotek Systems has represented Interface products and services in Colorado, Utah, Wyoming, Idaho, Montana, Alaska, Hawaii, and most of Nevada. The expanded partnership increases the territorial coverage throughout the western regions of the U.S.
"Elotek is excited to add Interface force measurement solutions to the line of products we represent in Arizona, California, New Mexico and Nevada," said Mike Elovitz, president and CEO, Elotek Systems. "With Interface, we are enhancing our offering in these states by bringing a complete line of precision load cells, load pins, torque transducers, multi-axis sensors, instrumentation and more. We have a staff of 19 team members ready to help resolve measurement issues and provide precision quality products."
Elotek Systems, Inc. was founded in 1981. They have decades of experience selling a variety of engineering, manufacturing, and test solutions. Servicing both the engineers and purchasing managers, the organization provides technical assistance and demonstrations of the most complex products.
Elotek's customer base includes organizations across in aerospace and defense, industrial, medical, OEM, R&D, test & measurement labs, universities, and energy markets.
"Elotek Systems is an outstanding sales partner and has our complete confidence in its ability to serve Interface customers in these additional regions," said Brian Peters, vice president of sales, Interface. "We look forward to working in close collaboration to support our existing customers and growing our market share in these areas with those that benefit from utilizing the industry's best in quality and accurate sensor solutions."
To learn more about Interface, our global sales network, growing line of force measurement solutions, please visit https://www.interfaceforce.com/.
About Interface, Inc.
Interface is the world's trusted leader in technology, design, and manufacturing of force measurement solutions. Our clients include a "who's who" of the aerospace, automotive and vehicle, medical device, energy, industrial manufacturing, test and measurement industries. Interface engineers around the world are empowered to create high-level tools and solutions that deliver consistent, high-quality performance. These products include load cells, torque transducers, multi-axis sensors, wireless telemetry, instrumentation, and calibration equipment. Interface, Inc., was founded in 1968 and is a U.S.-based woman-owned technology manufacturing company headquartered in Scottsdale, Arizona. For more information, please visit https://www.interfaceforce.com.
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https://www.kxii.com/prnewswire/2022/04/06/interface-expands-sales-partnership-with-elotek-systems-carry-product-lines-support-four-additional-regions/
| 2022-04-06T23:45:47Z
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FRANKLIN LAKES, N.J., Aug. 22, 2022 /PRNewswire/ -- Becton, Dickinson and Company (NYSE: BDX) (the "Company" or "BD") today announced the consideration payable in connection with its previously announced Tender Offers (as defined below) to purchase for cash up to $500,000,000 aggregate principal amount (which, subject to applicable law, may be increased in the Company's sole discretion, the "Aggregate Offer Cap") of its (i) 3.794% Senior Notes due 2050, (ii) 7.000% Senior Debentures due 2027, (iii) 6.700% Senior Debentures due 2028, (iv) 6.000% Senior Notes due 2039, (v) 5.000% Senior Notes due 2040, (vi) 4.685% Senior Notes due 2044 and (vii) 4.669% Senior Notes due 2047 (collectively, the "Securities" and each a "series"), in the order of priority set forth in the table below (each, an "Acceptance Priority Level"), subject to an aggregate principal amount of each series of Securities that does not exceed the applicable Offer SubCap, if any, set forth in the table below (each, an "Offer SubCap") (collectively, the "Tender Offers"); provided that the Company will only accept for purchase up to an aggregate principal amount of all series of Securities that does not exceed the Aggregate Offer Cap.
The table below sets forth the Total Consideration for each series of Securities.
(1) Subject to the Aggregate Offer Cap, Offer SubCap, if any, and proration if applicable, the principal amount of each series of Securities that is purchased in the Tender Offers has been determined in accordance with the applicable Acceptance Priority Level (in numerical priority order) specified in this column.
(2) Per $1,000 principal amount of Securities validly tendered prior to or at the Early Tender Date (as defined below) and accepted for purchase.
(3) The Total Consideration (as defined below) for each series of Securities validly tendered prior to or at the Early Tender Date and accepted for purchase is calculated using the applicable Fixed Spread and is inclusive of the applicable Early Tender Payment. The Total Consideration for each series of Securities does not include the applicable Accrued Interest (as defined below), which will be payable in addition to the applicable Total Consideration.
The Tender Offers are being made pursuant to the terms and conditions set forth in the offer to purchase, dated August 8, 2022, as amended and supplemented by the Company's press release on August 22, 2022 (as so amended, the "Offer to Purchase") announcing the upsizing of the Offer SubCap applicable to the 3.794% Senior Notes due 2050. The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offers.
The "Total Consideration" listed in the table above per $1,000 principal amount of each series of Securities was determined at 10:00 a.m., New York City time, on August 22, 2022. Only holders of Securities who validly tendered and did not validly withdraw their Securities at or prior to 5:00 p.m., New York City time, on August 19, 2022 (the "Early Tender Date") are eligible to receive the Total Consideration for Securities accepted for purchase. As previously announced, the Company has elected to exercise its right to make payment for the Securities that were validly tendered prior to or at the Early Tender Date and that are accepted for purchase on August 23, 2022 (the "Early Settlement Date"). Holders will also receive accrued and unpaid interest on Securities validly tendered and accepted for purchase from the applicable last interest payment date up to, but not including, the Early Settlement Date ("Accrued Interest"). Since the Tender Offers are fully subscribed at the Early Tender Date, the Company does not expect to accept for purchase any Securities tendered after the Early Tender Date on a subsequent settlement date.
Information Relating to the Tender Offers
Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are the lead dealer managers for the Tender Offers. Academy Securities, Inc., Loop Capital Markets LLC and Siebert Williams Shank & Co., LLC are co-dealer managers for the Tender Offers. Investors with questions regarding the Tender Offers may contact Citigroup Global Markets Inc. at (800) 558-3745 (toll-free) or (212) 723-6106 (collect) or Wells Fargo Securities, LLC at (866) 309-6316 (toll-free) or (704) 410-4759 (collect) or by email at liabilitymanagement@wellsfargo.com. Global Bondholder Services Corporation is the tender and information agent for the Tender Offers and can be contacted at (855) 654-2014 (toll-free) or (212) 430-3774 (collect).
None of the Company or its affiliates, their respective boards of directors, the dealer managers, the tender and information agent or the trustee with respect to any series of Securities is making any recommendation as to whether holders should tender any Securities in response to any of the Tender Offers, and neither the Company nor any such other person has authorized any person to make any such recommendation. Holders must make their own decisions as to whether to tender any of their Securities, and, if so, the principal amount of Securities to tender.
The full details of the Tender Offers, including complete instructions on how to tender Securities, are included in the Offer to Purchase. Holders are strongly encouraged to read carefully the Offer to Purchase, including materials incorporated by reference therein, because they contain important information. The Offer to Purchase may be downloaded from Global Bondholder Services Corporation's website at www.gbsc-usa.com/BectonDickinson or obtained from Global Bondholder Services Corporation, free of charge, by calling toll-free at (855) 654-2014 (bankers and brokers can call collect at (212) 430-3774).
This press release is for informational purposes only and is not an offer to buy, or the solicitation of an offer to sell, any of the Securities and the Tender Offers do not constitute an offer to buy or the solicitation of an offer to sell Securities in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful.
About BD
BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its 75,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care.
Forward-Looking Statements
This press release contains certain estimates and other forward-looking statements (as defined under federal securities laws) regarding BD's performance, including in relation to the consummation of the Tender Offers. All such statements are based upon current expectations of BD and involve a number of business risks and uncertainties. Actual results could vary materially from anticipated results described, implied or projected in any forward-looking statement. With respect to forward-looking statements contained herein, a number of factors could cause actual results to vary materially. These factors include, but are not limited to, the factors discussed in BD's filings with the Securities and Exchange Commission. BD does not intend to update any forward-looking statements to reflect events or circumstances after the date hereof, except as required by applicable laws or regulations.
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SOURCE BD (Becton, Dickinson and Company)
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https://www.kxii.com/prnewswire/2022/08/22/bd-announces-pricing-tender-offers/
| 2022-08-22T22:26:56Z
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Houston area's leading garden center and nursery expands to serve growing community
NORTH RICHLAND HILLS, Texas, May 4, 2022 /PRNewswire/ -- Cornelius Nursery, the leading gardening and landscaping destination for Houston-area homeowners, is opening its fifth Houston-metro location in Spring on Friday, May 6.
The new, 87,000-square-foot nursery will have a captivating selection of begonias, vinca, boxwoods, hydrangeas, abelias and more spring favorites for the garden and patio. In addition to other everyday gardening and landscaping essentials, Cornelius carries a wide variety of pottery, private-label soils and plant foods specifically formulated for Texas gardening conditions.
Cornelius strives to offer trending plants that are popular and well-suited to the Houston climate, and the Spring location will offer access to expert advice from Texas Nursery & Landscape Association Certified Nursery Professionals.
"At Cornelius Nursery, we strive to offer guests a wide selection of high-quality plants, including flowers and herbs, in addition to outdoor decor," said Cornelius Nursery CEO Marce Ward. "As we continue to expand in the Houston area, the growing Spring community is the perfect destination for a Cornelius location to offer new homeowners access to plants and gardening tools that fit the market."
Starting at 8:30 a.m. on May 6, a grand opening celebration and ribbon cutting will welcome the Spring community to the new nursery. Customers who sign up for Cornelius' Blooming Rewards will have a chance to win door prizes, including gift cards, hanging baskets, wind chimes, and indoor and outdoor plants.
For more information on Cornelius Nursery and the new Spring location, visit https://www.calloways.com/cornelius/.
ABOUT CORNELIUS NURSERY
Cornelius Nursery, a subsidiary of North Richland Hills, Texas-based Calloway's Nursery, has been a leading destination for Houston-area homeowners, gardeners and green thumbs since 1938. With five locations in the Houston area, Cornelius offers a wide variety of plants, flowers, shrubs, trees, vines, gardening supplies and decorative items, along with expert planting services through Pick & Plant and Landscape Design and Installation to help customers beautify any exterior space. For more information and inspiration, follow Cornelius Nursery on Facebook and Instagram @corneliusnursery.
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SOURCE Calloway's Nursery, Inc.
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https://www.wibw.com/prnewswire/2022/05/04/cornelius-nursery-opens-new-location-spring-texas/
| 2022-05-04T22:26:05Z
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Stolen dog reunited with her original family 5 years later
BELOIT, Wis. (WMTV/Gray News) - A dog stolen from her family has finally been reunited with them after five years.
The Humane Society of Southern Wisconsin recently announced the happy reunion between Ginger and her owner Barney, according to WMTV.
The agency said that Ginger was stolen from her family about five years ago.
Since then, her family did all they could to get her back and investigated any lost dog that resembled their own, only to be let down.
However, their luck changed when the Beloit Police Department posted a picture on Facebook of a stray dog they found in hopes of reuniting her with her owner.
The dog was taken to the Humane Society where they continued the search.
They reported Barney called a few days later, hoping the lost dog was his Ginger. When he came to the shelter to make sure it was her, the Humane Society reported there was no doubt.
The moment they were reunited, it was as if not a day had gone by.
“The excitement on the family’s faces, as well as Ginger’s, when they were finally reunited, was beyond memorable,” the Humane Society said in a statement.
The family took Ginger back home where she is making up for lost time and getting acclimated to the dogs they adopted while she was gone. She also discovered her human family grew a little with the birth of another child.
Copyright 2022 WMTV via Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/05/12/stolen-dog-reunited-with-her-original-family-5-years-later/
| 2022-05-12T19:04:43Z
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Ky. teacher resigns after controversy over pro-LGBTQ message
ESTILL COUNTY, Ky. (WKYT) - A Kentucky teacher has resigned after writing a message encouraging LGBTQ students on his classroom board that read “You are free to be yourself with me.”
Tyler Morgan was a music teacher at West Irvine Intermediate School, which teaches third through fifth grade students. He posted a photo of the message on his Facebook page, WKYT reports. It included a rainbow flag, a transgender flag and rainbow colors.
“You are free to be yourself with me. You matter,” the message read.
Some parents feel Morgan’s message was inappropriate, and others did not have an issue with it. Dozens in the community said they stand behind Morgan.
Morgan noted he resigned from Estill County Schools on his own recognizance.
“I still firmly believe more work needs to be done in Kentucky, especially in Eastern Kentucky, to ensure that more resources are provided to make sure all students feel safe, secure, and seen,” he wrote on Facebook.
The Estill County Board of Education is investigating.
Superintendent Jeff Saylor said he had no problem with the statement, explaining the district must meet the needs of all students and families. He said the main issue stemmed from a conversation that took place during class.
It’s not clear what that conversation entailed, but the superintendent said it was not related to academic standards.
In a statement, Saylor wrote, “Of course, there are times that conversations may vary from that day’s lesson plan, but these conversations went far beyond the music curriculum. It is my job to make sure that parents are not surprised by these types of situations.”
The Fairness Campaign, an organization that advocates against sexual orientation and gender discrimination, feels the district mishandled the situation.
“I would not be surprised at all if the school is sued,” said Chris Hartman with the Fairness Campaign.
Hartman said talking about LGBTQ issues in the classroom could help students who may be struggling.
“We know that the rates of suicide, self-harm, depression, and isolation among LGBTQ kids is astronomically high,” Hartman said.
In his statement, Saylor said school counselors have been trained to offer support to students dealing with difficult circumstances.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved.
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https://www.mysuncoast.com/2022/04/06/ky-teacher-resigns-after-controversy-over-pro-lgbtq-message/
| 2022-04-08T00:59:52Z
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- Phase IIa study successfully met safety and efficacy endpoints including reducing functional and respiratory deterioration and statistically significant changes in ALS-related biomarkers
- PrimeC has Orphan Drug Designation with the FDA and EMA
CAMBRIDGE, Mass., June 1, 2022 /PRNewswire/ -- NeuroSense Therapeutics Ltd. (Nasdaq: NRSN) ("NeuroSense"), a company developing treatments for severe neurodegenerative diseases, today announced it has enrolled the first patient in its Phase IIb PARADIGM trial for its lead drug candidate PrimeC for the treatment of amyotrophic lateral sclerosis (ALS). PARADIGM will enroll 69 people living with ALS in Israel, Italy, and the U.S. The double blind, placebo controlled, multicenter trial will randomize participants at a 2:1 ratio to receive PrimeC or placebo, respectively. Clinical trial endpoints include assessment of ALS-biomarkers, evaluation of clinical efficacy, and improvement in quality of life to demonstrate an attenuation in disease progression. NeuroSense expects to complete enrollment by the end of 2022 and to report top-line results in Q2 2023.
PrimeC is a novel, patented formulation consisting of specific doses of two FDA-approved drugs, ciprofloxacin and celecoxib, designed to work synergistically on multiple targets by regulating microRNA synthesis, modulating iron accumulation, and reducing neuroinflammation. The Phase IIb study is designed to utilize an optimized dose and improved formulation which aims to maximize the synergistic effect between the compounds in the combination drug, relative to the formulation used in the prior Phase IIa study.
"As PrimeC enters this advanced stage trial, we are hopeful that our enhanced formulation will further improve on the promising results we observed from our combination therapy in our Phase IIa ALS study," stated NeuroSense's CEO, Alon Ben-Noon. "In this well-designed, patient-centric study, we are working in collaboration with cutting-edge technology partners on an extensive panel of biomarkers to elucidate PrimeC's mechanism of action, as we believe this could enable patient stratification and increase likelihood of success in a pivotal trail. Targeting multiple pathological pathways in ALS, synergistically, is a paradigm shift in ALS therapy".
About PrimeC
PrimeC, NeuroSense's lead drug candidate is a combination therapy that was granted Orphan Drug Designation by the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA). NeuroSense completed a Phase IIa clinical study which successfully met its safety and efficacy endpoints including reducing functional and respiratory deterioration and statistically significant changes in ALS-related biological markers indicating PrimeC's biological activity. Through a collaboration with Massachusetts General Hospital in Boston on novel Neuron-Derived Exosomes (NDEs), NeuroSense is working to further determine the biological changes in ALS-related pathologies and the effect of PrimeC on relevant targets. Results from this study are expected Q2 2022.
About ALS
Amyotrophic lateral sclerosis (ALS) is an incurable neurodegenerative disease that causes complete paralysis and death within 2-5 years from diagnosis. Every year, more than 5,000 patients are diagnosed with ALS in the U.S. alone, with an annual disease burden of $1 billion. The number of patients with ALS is expected to grow 24% by 2040 in the U.S. and EU.
About NeuroSense
NeuroSense Therapeutics, Ltd. is a clinical-stage biotechnology company focused on discovering and developing treatments for patients suffering from debilitating neurodegenerative diseases. NeuroSense believes that these diseases, which include amyotrophic lateral sclerosis (ALS), Alzheimer's disease and Parkinson's disease, among others, represent one of the most significant unmet medical needs of our time, with limited effective therapeutic options available for patients to date. Due to the complexity of neurodegenerative diseases and based on strong scientific research on a large panel of related biomarkers, NeuroSense's strategy is to develop combined therapies targeting multiple pathways associated with these diseases.
For additional information, we invite you to visit our website and follow us on LinkedIn and Twitter.
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on NeuroSense Therapeutics' current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and include statements regarding patent applications; the company's PrimeC development program; the potential for PrimeC to safely and effectively target ALS; preclinical and clinical data for PrimeC; the timing of enrolment, completion and reporting of results from current and future clinical trials; the nature, strategy and focus of the company and further updates with respect thereto; and the development and commercial potential of any product candidates of the company. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Forward-looking statements contained in this announcement are made as of this date, and NeuroSense Therapeutics Ltd. undertakes no duty to update such information except as required under applicable law.
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SOURCE NeuroSense
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https://www.wibw.com/prnewswire/2022/06/01/neurosense-enrolls-first-patient-phase-iib-als-trial-its-combination-therapy-primec/
| 2022-06-01T12:51:49Z
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NAIROBI, Kenya (AP) — Mwai Kibaki, the former Kenyan leader whose distinguished political career was tarnished when he won a second presidential term that was followed by deadly post-election violence, has died at the age of 90.
Kibaki’s death was announced Friday by President Uhuru Kenyatta, who said his passing was a sad day for the country and praised his predecessor as a great Kenyan and a statesman.
The cause of death was not given, but Kibaki was in and out of hospitals in recent years as his health failed.
“Mwai Kibaki will forever be remembered as a gentleman in Kenyan politics, a brilliant debater and one who steered development in the country,” Kenyatta said, declaring a period of mourning until his funeral is held.
Kenyatta described Kibaki as a “quintessential patriot whose legacy of civic responsibility will continue to inspire generations of Kenyans.”
Kibaki served two terms as president of the East African country, ruling from 2002 to 2013.
But his reelection to a second term in 2007 put a dent in his reputation as his victory was disputed by his opponent, Raila Odinga. Odinga asserted that the election result had been rigged and that he had really won the poll.
Hundreds of people were killed in weeks of ethnic violence that followed.
Amid the stalemate, Kenya exploded into fighting along tribal lines that forced more than 600,000 people from their homes. The violence shattered Kenya’s standing as a beacon of stability in East Africa.
The international community led by former U.N. Secretary-General Kofi Annan eventually brokered a fragile power-sharing deal between Kibaki and Odinga, who settled for a new role as Kenya’s prime minister.
But the International Criminal Court brought charges of crimes against humanity against Kenyatta, who had backed Kibaki, as well as William Ruto, the current deputy president. The ICC later dropped criminal charges against Ruto and Kenyatta, who had been charged for their alleged roles in the violence. They denied any wrongdoing.
In the wake of the violence, Kibaki oversaw a new constitution for Kenya that was aimed at decentralizing powers and reducing persistent ethnic tensions that continue to flare up during electoral seasons. The new constitution was praised as having some of the most progressive human rights provisions in the world.
Kibaki stepped down in 2013 at the end of his second term.
Emilio Mwai Kibaki was born on Nov. 15, 1931, when Kenya was under British colonial rule.
He studied at Uganda’s Makerere University, where his teachers remembered him as a brilliant economics student. He continued his studies at the London School of Economics.
Back home, he worked as a teacher before joining politics in a country buoyed by independence from colonial role in 1964. He became a lawmaker and served as finance minister, vice president, leader of the opposition — roles that placed him among the most consequential Kenyans of his generation.
Before winning the presidency in 2002, he had run for the top political job twice and lost.
Although generally well-liked, there were often questions about his authority as allegations of corruption swirled around his government. Kibaki’s efforts to tackle official corruption with new legislation largely failed, according to political analysts.
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https://cw33.com/news/international/ap-international/former-kenyan-president-kibaki-is-dead-at-90/
| 2022-04-22T12:07:16Z
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CHARLOTTETOWN, PE, Sept. 15, 2022 /PRNewswire/ - iWave, the industry's top-rated fundraising intelligence solution, today announced the launch of its enhanced user interface and new visualization features. The new iWave interface delivers even more intuitive navigation and a redesigned homepage that improves usability and increases efficiency.
"In the last couple of years, we've delivered seven major new feature releases and many other enhancements in between," explained Mary Cote, Vice President of Product at iWave. "With the addition of so many new features, we wanted to develop an enhanced design that simplifies navigation and makes the overall iWave experience even better. On top of that, we're launching new visualization that will make our industry-leading intelligence even more consumable."
To develop and launch the new experience, iWave consulted with external and internal audiences on navigation preferences and analyzed usage data. The result is a data-driven UI approach that is intuitive and modern, showcasing iWave's innovation and leadership in fundraising intelligence.
iWave's new homepage and navigation menu now feature Smart Search, a robust search engine that leverages AI technology to help users find exactly the records they are looking for. Unlike other search engines, Smart Search uses proprietary algorithms to evaluate the probability that each result matches search criteria—delivering relevant records with much less work.
As part of the platform enhancements, iWave leverages Tableau, a leading global data analytics software, to bring data to life with powerful visualizations. Equipped with dashboards, prospect development professionals can communicate insights from data using narratives and visualizations and make operational and strategic decisions at a glance.
About iWave:
iWave, the industry's top-rated fundraising intelligence solution, enables nonprofit organizations to fundraise with confidence. In a new era of nonprofit fundraising, iWave solves critical challenges facing fundraising professionals today: how to identify, qualify, and retain donors to raise more gifts. iWave's intuitive and easy-to-use solutions give access to the industry's highest quality wealth and philanthropic information so you can determine who to ask, how much to ask for, and when to ask. Many of the largest education, healthcare, and nonprofit organizations in the World, rely on iWave to power their fundraising efforts.
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SOURCE iWave
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https://www.wibw.com/prnewswire/2022/09/15/iwave-showcases-user-centered-innovation-with-enhanced-ui-visualization-features/
| 2022-09-15T15:18:03Z
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LAS VEGAS, Sept. 7, 2022 /PRNewswire/ -- Prime Trust, a leading provider of financial infrastructure for fintech and digital asset innovators, today announced its new branding campaign "The Future Builders" to increase market awareness, improve brand equity and give recognition to the generation of builders and unseen developers who have pushed the crypto and decentralized finance industry forward.
"The Future Builders" campaign is focused on how Prime Trust enables crypto and fintech innovators to build their creations within a stable and strong foundation. Prime Trust's products and services help B2B2C businesses lead in their categories and pave their way to success despite a bear market. Over the past couple of years, the face of finance has changed dramatically, and Prime Trust has become a trusted and integral part of the fintech ecosystem.
"Prime Trust is trailblazing the future of finance with the vision to build a bridge between traditional and decentralized finance,'' said Lizzie Bildner, CMO, Prime Trust. "Over the past six years, we've seen dramatic shifts in what consumers are interested in, and our products and services are helping organizations meet these demands and bridge the gaps in their offerings. While our name is known throughout the industry, Prime Trust also knows our efforts are nothing without the innovations of the community. Whether it's an open-source developer or a Web3 aficionado, we believe that the unseen builders are the most important to our industry. We at Prime Trust recognize their achievements and are truly honored to work with them."
"The industry has a habit of speaking to the public about the evolution of finance as happening automatically, as though there aren't hundreds of people having to push our digital economy forward. We know this isn't the case," said Tom Pageler, CEO of Prime Trust. "There are countless professionals from every background actively working to create the new generation of financial services. These innovators are the backbone of what we do today. Our Future Builders campaign is a way to recognize the incredible, often unseen, people behind the adoption of DeFi."
According to a Prime Trust Market Research Survey that will be released in Q4 2022, fintech innovators are focused on three key findings:
- Desire to work with a trusted and reliable vendor
- Disruption of the the status quo and appeal that crypto is providing inclusivity in this new digital economy
- The need for speed and a fast time to market
This campaign addresses the current market conditions in crypto and the requirements of Prime Trust's customers. It is designed to make the audience feel like they are part of the larger crypto movement, and to deliver a brand campaign that resonates.
Some elements of Future Builders campaign include:
- An evolved brand voice
- New branding for creative assets
- Executive interviews and blog posts
- Updated booth designs
- New employee swag
- New slogans such as:
Prime Trust's "Future Builders" campaign launches on September 7th with:
- Website landing page takeover
- Media buys:
- In Person Events:
To learn more about Prime Trust and its offerings, please visit www.primetrust.com.
Prime Trust powers innovation in the digital economy by providing fintech and digital asset innovators with financial infrastructure. Through a full suite of APIs, we help clients build seamlessly, launch quickly, and scale securely. Regulated by the State of Nevada, Prime Trust processes hundreds of millions of API calls per month. Prime Trust's team has extensive regulatory and financial services backgrounds from the OCC, SEC, Federal Reserve, US Department of Justice, Department of Homeland Security/Secret Service, JPMorgan Chase, American Express, PNC, Bank of America, and Visa. The company is recognized by Forbes as America's Best Startup Employer 2022 and is also Great Place to Work-Certified™ 2022. Prime Trust has also been named to CB Insights Blockchain 50 for 2022. Visit us at www.primetrust.com and connect with us on LinkedIn, Twitter, and Facebook.
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SOURCE Prime Trust
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https://www.wibw.com/prnewswire/2022/09/07/prime-trust-launches-future-builders-brand-campaign-digital-economy-is-just-getting-started/
| 2022-09-07T13:45:38Z
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The tiniest babies: Shifting the boundary of life earlier
BIRMINGHAM, Ala. (AP) — Michelle Butler was just over halfway through her pregnancy when her water broke and contractions wracked her body. She couldn’t escape a terrifying truth: Her twins were coming much too soon.
Dr. Brian Sims entered the delivery room and gently explained that babies born so early likely won’t live. He told Butler he could keep them comfortable as they died.
But she pleaded through tears: “Give my twins a chance to survive.”
And he did.
Until recently, trying to save babies born this early would have been futile. Butler was in the fifth month of her pregnancy, one day past 21 weeks gestation. That’s seven weeks earlier than what doctors once considered “the lower limit of viability,” the earliest an infant could possibly survive outside the womb. But over the last half century, medical science has slowly shifted that boundary downward.
And that’s made viability — a word many associate with the abortion debate — key to decisions about desperately wanted babies at the very edge of life.
Growing numbers of extremely premature infants are getting life-saving treatment and surviving. A pivotal study in the Journal of the American Medical Association this year, which looked at nearly 11,000 such births in a neonatal research network that is part of the National Institutes of Health, found that 30% of babies born at 22 weeks, 56% born at 23 weeks and 71% born at 24 weeks lived at least until they were healthy enough to be sent home home if doctors tried to save them.
Those gains happened gradually and quietly as the notion of viability got a lot more attention in the abortion arena. Viability is mentioned 36 times in the initial draft of the leaked majority opinion by the U.S. Supreme Court that would strike down Roe v. Wade. The decades-old abortion ruling says the Constitution protects a woman’s right to an abortion before viability, a standard Mississippi argues is arbitrary.
But viability has nothing to do with the vast majority of abortions; more than 99% of abortions occur at or before 21 weeks, according to federal statistics. So although viability is central to abortion law, the crux of the argument around the procedure comes down to disagreement about whether and in which cases someone should have the choice to terminate a pregnancy.
Meanwhile, viability is a growing real concern for those who care for premature babies as science keeps moving the line lower and lower.
And in this realm, too, it’s ethically fraught.
Beyond the risk of death, babies at “borderline viability” are highly susceptible to disabilities such as cerebral palsy, cognitive impairments, blindness and severe lung problems. Often, parents and doctors face a heartbreaking question they must answer together: How do they decide what to do?
“There’s a lot of things we can do, a lot of interventions,” said Dr. Barbara Warner, a newborn medicine expert at Washington University medical school in St. Louis. “Should we do them?”
In the case of Butler’s twins, the answer was yes. Curtis and C’Asya Means came into the world on July 5, 2020, at the University of Alabama hospital, each weighing less than a pound and small enough to fit in an adult’s hand.
Their divergent paths reflected both sides of extreme prematurity.
C’Asya lived just one day. Butler keeps her ashes in a tiny pink-and-silver urn.
Curtis became the earliest surviving “micropreemie” in the world – teething, trying solid foods and tooling around the house in his walker.
‘A SLOW EVOLUTION’
Each year in the U.S, about 380,000 babies are born prematurely, or earlier than 37 weeks of a typical 40-week pregnancy. About 19,000 arrive before the third trimester.
Babies born so soon faced bleak prospects until the latter half of the 20th century. That’s when incubator technology evolved, neonatology became a specialty and two medications began to be widely used: steroids during pregnancy to speed up fetal lung development, and synthetic “surfactant” given to babies to keep their airways open.
“I don’t think I could point to a single new technology or new medication or approach that has been the driver of keeping infants alive at these really low limits of gestation,” said Dr. Elizabeth Foglia, a neonatologist at Children’s Hospital of Philadelphia. “It’s just a slow evolution” that cascaded into “a sea change.”
For many years, the “edge of viability” remained around 24 weeks, she said. During her pediatric residency from 2006-2009, “those were the patients that were sort of the earliest we would intervene and the patients we were most worried about.”
Nicholas Hall’s twins, Graham and Reece, were born at 25 weeks in 2006. Graham spent his 45-day life connected to a breathing tube, getting nutrients through an intravenous drip. “He could never rest,” said the Bloomington, Indiana, dad, who with his now ex-wife started a nonprofit to support parents called Graham’s Foundation.
Reece survived. But she spent 119 days in the NICU, needed emergency surgery for a buildup of fluid in her brain, and came home on oxygen. She still has a hearing problem called auditory processing disorder.
Complications remain common even as three decades of research show a progressive increase in survival rates for babies born at 22 to 25 weeks. Care for these babies also remains intense.
Even today, up to a year in the hospital isn’t unusual for micropreemies, and costs can run into the millions of dollars. Most of these infants spend time on ventilators, are warmed in isolettes and get fluids and nutrition through tubes. Their skin, as delicate as a burn victim’s, needs meticulous care.
Hospitals have differing practices on when to provide this sort of care to the very youngest micropreemies, which leads to varying survival rates. One survey found that about six in 10 U.S. hospitals actively treated 22-week babies in 2019, up from 26% in 2007. The data doesn’t include the few surviving babies born during the 21st week of pregnancy.
“If you’re an institution that’s fully committed to resuscitation at 22 weeks, then studies show pretty clearly that just by virtue of offering the full spectrum of intensive care, you are going to be more likely to have babies who survive,” Foglia said.
TINY FIGHTER
Sims, a neonatologist who is also a pediatrics professor at the University of Alabama at Birmingham, said it would have been “perfectly reasonable” not to try to save Butler’s twins. In such cases, whether to resuscitate or continue lifesaving care is a shared decision between parents and the medical team.
“But even when we don’t try anything, a baby that’s trying to live will show you that. You’ll see that the baby’s trying to take a breath,” Sims said. “We support the babies that give us those signs.”
As soon as Curtis and C’Asya arrived, Sims gave each a little bit of oxygen. Curtis’ heart rate quickly rose. His smaller sister didn’t respond as well. Other medical measures for the twins, such as ventilators and surfactant, couldn’t compensate for her immature lungs.
“They told me it was up to me to make the call” about withdrawing treatment, Butler said. “I actually was praying silently to myself. God came to me and told me, ‘If you give me C’Asya, I’ll give you Curtis.’”
Butler cradled her daughter for hours after she died. It was the first time she held her.
Curtis stayed in the NICU for nine more months. Butler made the 90-minute trek from her home in rural Eutaw to Birmingham several times a week. She read books to Curtis and often held him inside her shirt so his skin touched hers.
Curtis went home tethered to oxygen. Butler, a single mom with two older kids, made sure the levels didn’t drop, gave him medicines five times a day and regularly set his feeding pump to dispense the right amount of food into a tube in his stomach.
More than a year later, Curtis is down to one medication for high blood pressure and two inhalers. He can be unhooked from oxygen for an hour a day. At 22 months old and around 20 pounds, he’s an active toddler who crawls, pulls himself up and plays with his older sister and brother.
When Butler woke him one morning, he fussed and fumbled with the feeding tube that still provides much of his nutrition.
But soon he was scooting his walker around the kitchen and curiously opening cabinets as Butler scrambled eggs, one of a growing number of soft and pureed foods he can now ingest.
“Wanna eat-eat?” she coaxed, offering a tiny bit of egg.
He eagerly popped it in his mouth, then smiled and grabbed a much bigger helping from her plate.
BITTERSWEET PROGRESS
In the future, doctors expect more micropreemies like Curtis to survive.
One reason? Saving them will become more accepted and common. Last year, the influential American College of Obstetricians and Gynecologists updated its recommendations to say steroids before birth may be considered if resuscitation is planned at 22 weeks. Previously, the measure was not recommended for babies that young.
And down the road, scientists are working on lifesaving equipment tailored to smaller bodies and an artificial womb they hope could someday grow a fetus outside of a person.
Such advances are sure to deepen ethical dilemmas.
“There always will be a limit of viability. Where that limit is may change over time as technology evolves and our ability to care for less and less mature babies evolves,” Foglia said. But wherever that limit is, “survival may be possible but not guaranteed. And survival without disability is certainly not guaranteed.”
Hall said doctors shouldn’t keep trying to move the viability line down until they can truly reduce the long-term medical problems associated with extremely premature babies born today.
Cori Laemmle of Fort Wayne, Indiana, who gave birth to twin boys in 2020 at 22 weeks, said decisions about whether to treat such infants should consider the individual circumstances and be guided by a question: “Are the interventions going to do more harm than good?”
Washington University’s Warner said everyone needs to think about how the babies might suffer.
This was why Laemmle and her husband decided to let one of her twins go — he was crashing with a collapsed lung. The other twin responded well to treatment. He’s now getting speech and physical therapy and hitting the usual milestones in all areas but speech.
Doctors are hopeful that Curtis Means – he has his father’s last name – will also continue to thrive. Dr. Brett Turner, his pulmonologist, now sees him every two or three months to manage his ongoing lung disease.
“As he grows … those visits will slowly all be able to be spaced out,” Turner said. “Hopefully, he’ll require fewer and fewer doctors to care for him.”
At home, his 35-year-old mother spends less time tending to Curtis’ medical needs and more time just hanging out with him.
One afternoon, she pulled Curtis out of his walker and into her arms. He grabbed at her face. She kissed his hand. She pulled down his Winnie-the-Pooh shirt, and they touched palms in a high five.
Butler, who is studying to be a cosmetologist, envisions Curtis going to school in a few years and becoming a doctor someday.
But as he grows, she always wants him to remember the twin who will never see such a future.
“Anytime he has a party, it’s going to be about her too,” with both names on the cakes, Butler said. “I mention her name every day for him, to let him know he was a twin and ‘your twin is your angel.’ And when he gets bigger, I’m going to get him a necklace where he can keep her ashes with him.”
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/05/11/tiniest-babies-shifting-boundary-life-earlier/
| 2022-05-11T17:01:03Z
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VANCOUVER, BC, June 7, 2022 /PRNewswire/ - Asep Medical Holdings Inc. ("Asep Inc." or the "Company") (CSE: ASEP) (OTCQB: SEPSF) announces that it received a Revocation Order for the Failure-to-File Cease Trade Order (FFCTO) from the British Columbia Securities Commission (BCSC) on June 1, 2022. The Company filed the necessary continuous disclosure documents required under the legislation and is legally authorized to continue trading its shares on the Canadian Securities Exchange (CSE).
All official documents required by the BCSC were filed on May 30, 2022. The company is in good financial standing, and its statements are available to be viewed at www.sedar.com.
Rudy Mazzocchi, Chairman and CEO stated, "Due to these unanticipated circumstances, the Company was unable to facilitate the timely filing of the required Annual Filings leading to the CTO. However, due to the determined efforts of our financial team, auditors, and dedicated support from the officers and directors of the Company, the situation was resolved in a timely manner. As we ensure the proper processes and procedures are in place to avoid future filing delays, the Company continues to focus on critical clinical, business development, and commercialization efforts to optimize shareholder value."
For additional information on the FFCTO, please refer to the Company's news release dated May 11, 2022.
Asep Inc. is dedicated to addressing antibiotic failure by developing novel solutions for significant unmet medical needs. The Company is a consolidation of two existing private companies (Sepset Biosciences Inc. and ABT Innovations Inc.) that are both in the advanced development of both proprietary diagnostic tools, enabling the early and timely identification of severe sepsis as well as broad-spectrum therapeutic agents to address multidrug-resistant biofilm infections.
Sepset Biosciences Inc. is developing a diagnostic technology that involves a patient gene expression signature that predicts severe sepsis, one of the significant diseases leading to antibiotic failure since antibiotics are the primary treatment for sepsis. Despite this, sepsis is responsible for nearly 20% of all deaths on the planet. The SepsetER test is a blood-based gene expression assay that is straightforward to implement, and results are obtained in about an hour in the emergency room or intensive care unit. This proprietary diagnostic technology differs from current diagnostic tests in enabling diagnosis of severe sepsis within 1-2 hours of first clinical presentation (i.e., in the emergency room), while other diagnostics only provide diagnosis after 24-36 hours. Asep Inc. believes this will enable critical early decisions to be made by physicians regarding appropriate therapies and reduce overall morbidity and mortality due to sepsis.
ABT Innovations Inc.'s peptide technology covers a broad range of therapeutic applications, including bacterial biofilm infections (medical device infections, chronic infections, lung, bladder, wound, dental, skin, ear-nose and throat, sinusitis, orthopaedic, etc.), anti-inflammatories, anti-infective immune-modulators and vaccine adjuvants.
All statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results or developments that Asep Inc. anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking statements. Forward-looking statements in this press release include that proper procedures and processes are in place to avoid future filing delays, that our products enable the early and timely identification of severe sepsis, that medical professionals will be able to detect severe sepsis more quickly with our products compared to other products, that early detection will reduce overall morbidity and mortality rates, and that our therapeutics cover a broad range of applications. Asep Inc. believes the material factors, expectations and assumptions reflected in the forward-looking statements are reasonable at this time, but no assurance can be given that these factors, expectations and assumptions will prove to be correct. The forward-looking statements included in this news release are not guarantees of future performance. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements including, without limitation: that our products and technology fails to work as expected or at all; that the intended benefits of our products are not as extensive as expected or there at all; that our technology and products prove to be too expensive to implement broadly; that customers do not adapt our products for being too complex, costly, or not fitting with their current products or plans; our competitors may offer better or cheaper solutions for early detection of sepsis or treatment of bacterial infections; increased costs and expenses; inability to retain qualified employees; inability to raise the funds needed to fund our business plan, product development and commercialization; our technology may not be protected to the extend expected; and certain other risks detailed from time to time in Asep Inc.'s public disclosure documents, copies of which are available on Asep Inc.'s SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list of factors is not exhaustive and are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and Asep Inc. undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Neither the CSE nor any Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
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https://www.wibw.com/prnewswire/2022/06/07/asep-medical-holdings-inc-receives-revocation-cease-trade-order-bc-securities-commission/
| 2022-06-07T14:05:06Z
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Music director of Sarasota Orchestra succumbs to cancer
SARASOTA, Fla. (WWSB) - Bramwell Tovey, the music director of the Sarasota Orchestra, has died, the orchestra announced Wednesday.
Diagnosed with a rare form of sarcoma in May 2019, Tovey underwent surgery in 2021 that left him briefly cancer free. In January, the cancer returned. Tovey had been in declining health in recent days, a spokeswoman for the orchestra said.
Tovey came to Sarasota in In 2021, and well as extending his artistic leadership position with the Rhode Island Philharmonic, and was also appointed as Principal Guest Conductor with Orchestre Symphonique de Québec.
An international musical leader and global citizen, he made an impact on several generations across multiple continents through his music making, conducting and teaching.
“The musical world has lost a real treasure,” said Tom Ryan, board chair of Sarasota Orchestra.
“There was immediate chemistry between Maestro Tovey and our orchestra.” said President and CEO Joseph McKenna.
“We shared with him an expectation of a long partnership. Like so many, all of us at Sarasota Orchestra feel the tremendous loss of a great friend and sincere collaborator. Our heartfelt thoughts are with his family during this most difficult hour.”
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/07/13/music-director-sarasota-orchestra-succumbs-cancer/
| 2022-07-13T19:19:53Z
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How to be a reviver: Five lessons for the C-Suite towards positively different leadership
NEW YORK, June 8, 2022 /PRNewswire/ -- Two in three leaders say they urgently need to refine their leadership approach as workforces look to them to lead the way post-COVID-19, according to new report findings from PA Consulting (PA), the consultancy that's bringing ingenuity to life.
The report, A New Way to Lead, identifies what ingenious leadership looks like, and shows that there are concrete ways of leading that make a tangible difference to the health and happiness of an organization, and wider society. However, leaders who do not put these behaviors into practice risk becoming irrelevant and ineffective.
To better understand the behaviors driving leadership, PA surveyed over 300 business leaders from across the US, UK, and Europe, and developed a snapshot of the issues leaders are facing. The data highlights a worrying split between revivers and survivors:
- over half of the respondents (56%) identified as 'revivers' – leaders focused on continued acceleration, transformation, and investment in growth and innovation. Most revivers originated from the UK and are leaders of tomorrow (those at Director/Head Of level (64%). Revivers tended to come from the Financial Services (73%), or Consumer, Retail and Manufacturing sectors (63%).
- inversely, 44% of respondents identified as 'survivors' – those focused on cost reduction and sustaining pace of change – were likelier to originate from the Nordics or Netherlands (51% and 52%, respectively), or to be C-level leaders (51%). Survivors tended to come from the Government & Public Sector (63%) and Defense & Security sectors (60%).
Leaders focused on survival risk being left behind. Here's how to be a reviver
The report highlights five key steps that can transform leadership behavior:
- Work in the growth zone. All employees need an element of carefully crafted tension to make progress. Great leaders will find way to break down silos and rethink timelines, guiding their team towards opportunities for individual and collective progression.
- Cultivate kindness. Kindness is the most direct way to empower teams to try new things, to take risks, and to do so safe in the knowledge that they won't be targeted as a result. This is where people feel able to try new things and do their best work. Respondents were almost twice as likely to report that their company was performing well financially when leaders were kind. If you're looking to engage employees, kindness is one of the easiest ways to make a major impact.
- Catalyze your internal disruptors. C-suite leaders are often charged with keeping things on track in the short-term. By giving more share of voice to disruptors, boards can broaden perspectives, and support bold and brave leadership at all levels of the organization. CEOs that are willing to try new things, take risks, and be agile can inspire their whole organization.
- Make authenticity everything. Organizations and their leaders can no longer hide from important societal issues, be it inclusion and diversity, the living wage or equitable supply chains and almost four in five leaders say employees, customers and investors are increasingly looking for them to demonstrate behaviors that drive wider social value. This means living up to the purpose you espouse, even when the going gets tough. Leaders need to have a clear purpose and a grand vision to move their companies in the right direction.
- Find the in-between places where innovation and collaboration thrive. For many leaders, the past few years have wiped out some of the in-between spaces where innovation flourishes. On a literal level, there's a lot less time spent commuting where a random thought might crop up. For teams, the informal chats before and after meetings don't exist online in the same way. Leaders need to model what it means to live in the unknown, to make the best choices possible with the information available, to actively seek out the in-between spaces, moments and approaches that call for something new.
Rachael Brassey, Global Lead for People & Change at PA Consulting, says: "Leadership is relevant to everyone, regardless of seniority or rank. Leaders who stepped up during the COVID-19 pandemic were able to inspire a new-found resilience and responsiveness in their teams. The leadership that today and tomorrow demands calls for a subtle shift, and leaders need to nurture optimism, empower teams, build an evolving organization, and seek inspiration in surprising places to carve out a competitive advantage."
Charlene Li, Chief Research Officer at PA Consulting, adds: "As companies move out of the pandemic, they need to decide if they want to be a survivor or a reviver. Now is the time to reexamine leadership styles and prepare for the road ahead. The key action every leader should take is to step out of the comfort zone and into the growth zone to stretch, but not stress, themselves and the team."
Click here to read the full A New Way To Lead report
PA surveyed leaders across the US, UK, Nordics and the Netherlands – speaking to more than 300 leaders about their leadership challenges and the traits and methods they employ to seize new opportunities. Half of these leaders were at the C-Suite level (leaders of today), the other half were directors or heads of department (leaders of tomorrow).
We believe in the power of ingenuity to build a positive human future. As strategies, technologies and innovation collide, we create opportunity from complexity. Our diverse teams of experts combine innovative thinking and breakthrough use of technologies to progress further, faster. Our clients adapt and transform, and together we achieve enduring results. An innovation and transformation consultancy, we are over 4000 specialists in consumer and manufacturing, defense and security, energy and utilities, financial services, government and public services, health and life sciences, and transport. Our people are strategists, innovators, designers, consultants, digital experts, scientists, engineers and technologists. We operate globally from offices across the UK, US, Netherlands and Nordics. Discover more at paconsulting.com and connect with PA on LinkedIn and Twitter. PA. Bringing Ingenuity to Life.
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https://www.mysuncoast.com/prnewswire/2022/06/08/pa-consultings-latest-leadership-report-shares-five-strategies-that-can-help-organizations-their-people-thrive/
| 2022-06-08T15:19:58Z
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Officials: Fire at Coptic church in Cairo kills 41, hurts 14
CAIRO (AP) — A fire ripped through a packed church during morning services in Egypt’s capital on Sunday, killing at least 41 worshippers and injuring 14.
The church quickly filled with thick black smoke, and witnesses said several trapped congregants jumped from upper floors to escape. “Suffocation, suffocation, all of them dead,” said a distraught witness, who only gave a partial name, Abu Bishoy.
The cause of the blaze in the Abu Sefein church in the working-class neighborhood of Imbaba was not immediately known. An initial investigation pointed to an electrical short-circuit, according to a police statement.
Footage from the scene circulated online showed burned furniture, including wooden tables and chairs. Firefighters were seen putting out the blaze while others carried victims to ambulances. Families waited for word on relatives who were inside the church.
Witnesses said there were many children inside the building when the fire broke out.
“There are children we didn’t know how to get to them,” said Abu Bishoy. “And we don’t know whose son this is, or whose daughter that is. Is this possible?”
The country’s health minister blamed the smoke and a stampede as people attempted to flee the fire for causing the fatalities. It was one of the worst fire tragedies in Egypt in recent years.
Witness Emad Hanna said the church includes two places used as a daycare for children, and that a church worker managed to get many children out.
“We went upstairs and found people dead. And we started to see from outside that the smoke was getting bigger, and people want to jump from the upper floor. ... We found the children.”
Egypt’s Coptic Church and the country’s health ministry reported the casualty toll. The church said the fire broke out while a service was underway. The church is located in a narrow street in one of the most densely populated neighborhoods in Cairo.
Fifteen firefighting vehicles were dispatched to the scene to put out the flames while ambulances ferried casualties to nearby hospitals, officials said.
President Abdel Fattah el-Sissi spoke by phone with the Coptic Christian Pope Tawadros II to offer his condolences, the president’s office said. Sheikh Ahmed al-Tayeb, Al-Azhar’s Grand Imam, also offered his condolences to the head of the Coptic church.
“I am closely following the developments of the tragic accident,” el-Sissi wrote on Facebook. “I directed all concerned state agencies and institutions to take all necessary measures, and immediately to deal with this accident and its effects.”
Health Minister Khaled Abdel-Ghafar said in a statement that two of the injured were discharged from a hospital while 12 others were still being treated.
The Interior Ministry said it received a report on the fire at 9 a.m. local time, and that they found that the blaze broke out in an air conditioner in the building’s second floor.
The ministry, which oversees police and firefighters, blamed an electrical short-circuit for the fire, which produced huge amounts of smoke. Meanwhile, the country’s chief prosecutor, Hamada el-Sawy, ordered an investigation and a team of prosecutors were dispatched to the church.
Later on Sunday, emergency services said they managed to put out the blaze and the prime minister and other senior government officials arrived to inspect the site.
Egypt’s Christians account for some 10% of the nation’s more than 103 million people and have long complained of discrimination by the nation’s Muslim majority.
Sunday’s blaze was one of the worst fire tragedies in recent years in Egypt, where safety standards and fire regulations are poorly enforced. In March last year, a fire at a garment factory near Cairo killed at least 20 people and injured 24 more.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/08/14/officials-fire-coptic-church-cairo-kills-41-hurts-14/
| 2022-08-14T14:50:25Z
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Services for Herman Soliz, 75, of Belton will be 2 p.m. Tuesday in Moody Cemetery.
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Services for Herman Soliz, 75, of Belton will be 2 p.m. Tuesday in Moody Cemetery.
Mr. Soliz died Monday, Aug. 15, at a Temple hospital.
He was born Oct. 8, 1946, in Moody to Reynaldo and Maria Sauceda Soliz. He graduated from Moody High School in the early 1960s. He received an associate’s degree in business management from Blinn College. He served in the U.S. Air Force and was stationed at Elmendorf Air Force Base in Anchorage, Alaska. He worked for Burlington Northern Santa Fe Railroad for 36 years. He was a member of the UTU railroad union. He attended the Methodist church in Moody.
Survivors include two sons, Brandon Soliz of Angleton and Jason Soliz of Belton; a brother, Johnny Soliz of Texas City; a sister, Mary Tamez of Belton; 11 grandchildren; and one great-grandchild.
Visitation will be from 10 a.m. to 1 p.m. Tuesday at Hewett-Arney Funeral Home in Temple.
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https://www.tdtnews.com/obituaries/article_4774afba-1f3f-11ed-808c-271c64476772.html
| 2022-08-19T09:50:03Z
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Feds: $401M will add high-speed internet to rural places
LAS VEGAS (AP) — The federal government is pledging $401 million in grants and loans to expand the reach and improve the speed of internet for rural residents, tribes and businesses in remote parts of 11 states from Alaska to Arkansas.
U.S. Agriculture Secretary Tom Vilsack told reporters Wednesday, ahead of the Thursday announcement, that farmers, store owners, schoolchildren and people seeking telehealth medical checkups will benefit from the ReConnect and Telecommunications Infrastructure Loan and Loan Guarantee programs.
“Connectivity is critical to economic success in rural America,” Vilsack said in a statement tallying the number of people who could be helped at about 31,000 in states also including Arizona, California, Colorado, Idaho, Montana, New Mexico, Nevada, North Dakota and Texas.
The statement said the Department of Agriculture plans more spending on high-speed internet in coming weeks as part of a $65 billion Biden administration plan to expand affordable, high-speed internet to all communities in the U.S.
U.S. Sen. Catherine Cortez Masto joined Vilsack and Mitch Landrieu, White House infrastructure coordinator, to point to the effect the grants and loans are expected to have in the northern Nevada community of Lovelock, home to fewer than 2,000 people, and the Lovelock Indian Colony.
“There is a need for this connectivity on so many levels,” Cortez Masto said, “whether it brings telehealth, telemedicine, e-learning, workforce development. A connection is so important for so many Nevadans.”
Internet provider Uprise LLC will receive more than $27 million to connect almost 4,900 people, 130 businesses, 22 farms and seven public schools in Lovelock and surrounding Pershing County, officials said.
Masto, a Democrat seeking reelection in November, said federal funds will offer eligible Nevada residents a $30-per-month discount on their internet bill discount and up to $100 toward a computer.
Elsewhere, Midvale Telephone Co. will get $10.6 million to bring high-speed fiber-optic internet to people, businesses and farms in four central Idaho counties — Elmore, Blaine, Custer and Boise — and five southeast Arizona counties: Gila, Graham, Pinal, Cochise and Pima.
The Arkansas Telephone Co. will receive $12 million to connect almost 1,000 people, 10 businesses and 145 farms to high-speed internet in Searcy and Van Buren counties, with low-cost with voice and voice/data starter packages.
Alaska Power & Telephone, Unicom Inc. and Cordova Telephone Cooperative, combined, are slated to receive almost $55.4 million in to connect almost 3,300 people, 118 businesses and seven schools in remote areas by fiber-optic network.
In New Mexico, Continental Divide Electric Cooperative and ENMP Telephone Cooperative are due to receive a combined $18 million in grants to install affordable fiber networks, and Penasco Valley Telephone Cooperative will get a nearly $29 million loan to connect “socially vulnerable communities” in Chaves, Eddy, Lincoln and Otero counties.
Vilsack said the programs will particularly help residents in what he called “persistent poverty counties,” where he said most have access to broadband, but about one in three don’t have high-speed networks needed for telemedicine and distance learning.
He said the goal was “to do what is necessary to make sure every rural resident, regardless of ZIP code, has access to affordable, reliable high-speed internet.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/07/28/feds-401m-will-add-high-speed-internet-rural-places/
| 2022-07-28T20:09:30Z
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NACKA STRAND, Sweden, June 22, 2022 /PRNewswire/ -- Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, today announced the introduction of the all-new, next-generation Leica BLK360, which dramatically advances reality capture by delivering two of the most sought-after necessities: speed and efficiency.
Drawing on the success and innovative features of the award-winning Leica BLK series, the new BLK360 creates stunning, photorealistic, accurate digital twins within just 20 seconds. Like its predecessor, the new BLK360 encourages new users to introduce reality capture to new industries and markets due to its speed, portability, and ease of use.
Today's projects demand fast, accurate, real-time data collection. The new BLK360 is an ideal sensor for any application requiring fast, up-to-date scanning, such as digital construction and building lifecycle monitoring. It enables users to move quickly about any environment without interruption, viewing and sharing the data during the capture process to provide real-time access to updated digital twins.
"We continue to bring speed and agility to reality capture to accelerate the world's sustainable transformation with Smart Digital Realities that free industry to do its best work. When you have an up-to-date, 1:1 digital twin of reality fused with infinite, real-time data from the physical and digital worlds – you gain ubiquitous access to invaluable insight. Not only can this save time but also eliminate human error to improve safety and reduce waste," says Hexagon President and CEO Ola Rollén.
"If reality capture can continue to keep up, or even outpace, the needs of modern industry while also improving sustainability, everyone wins," continued Rollén. "The new BLK360 is a vital tool for democratising reality capture in so many different applications – from public planning, architecture, construction and environmental applications to the advancement of media & entertainment by supporting the creation of mind-bending visual effects. The possibilities are endless."
The BLK360 accelerates Hexagon's portfolio of sensor-software systems, which form the basis for creating Smart Digital Realities by fusing the digital and physical worlds, in real-time. Combined, the new scanning and imaging technologies onboard the BLK360 enable extremely fast and highly accurate reality capture workflows, speeding up every step of the process. Depending on project scope and size, a BLK360 user could save days or weeks of precious time with rapid scanning, pre-registered data, and high-speed transfer to preferred software workflows. BLK360 data can be automatically uploaded to HxDR, Hexagon's cloud-based reality capture platform where users can build their own Smart Digital Realities.
The new BLK360 was introduced yesterday at HxGN Live Global 2022 in Las Vegas, USA, as part of the keynote address by Thomas Harring, President of Hexagon's Geosystems division. The BLK360 is now available for demonstration and purchase through BLK360.com.
For further information, please contact:
Maria Luthström, Head of Sustainability and Investor Relations, Hexagon AB, +46 8 601 26 27, ir@hexagon.com
Kristin Christensen, Chief Marketing Officer, Hexagon AB, +1 404 554 0972, media@hexagon.com
This information was brought to you by Cision http://news.cision.com
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https://www.kxii.com/prnewswire/2022/06/22/hexagon-disrupts-reality-capture-once-again-with-its-next-generation-ultra-fast-leica-blk360-laser-scanner/
| 2022-06-22T08:09:05Z
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Parents of 12 year old gunned down outside Leavenworth pharmacy working to help troubled kids
By Taylor Johnson
Click here for updates on this story
KANSAS CITY, Missouri (KCTV) — The parents of a Kansas City 12 year old killed by gun violence want to change the lives of troubled juveniles.
Project 9:14 was founded to honor the legacy of Brian “BJ” Henderson. with hopes of giving juveniles a better future.
Just last week a second suspect in BJ’s killing was convicted of first degree murder. He was a juvenile when Henderson was killed in Leavenworth last year.
Knowing this, BJ’s parents developed a heart to keep young people from ending up in the justice system.
“You end up in a situation as worse as ours you know, where you lose a life. It can be something as minor as a light offense, but we want to eliminate that whole process as much as possible, reduce the rate of repeat offenders,” said BJ’s father, Brian.
Project 9:14′s purpose is to give juveniles the chance to live a productive life and contribute to society.
The Hendersons also want to create juvenile probation reform.They say it’s important to them to bridge the gap between the court and probation for juveniles.
The foundation would provide programs related to gun safety, family therapy, suicide prevention and mentorship.
On Saturday, the Hendersons launched a petition to get Project 9:14 recognized by the state.
They’re off to a strong start with over 1,000 signatures. Their goal is 2,000.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
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https://localnews8.com/cnn-regional/2022/05/18/parents-of-12-year-old-gunned-down-outside-leavenworth-pharmacy-working-to-help-troubled-kids/
| 2022-05-18T16:58:40Z
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NEW YORK, July 5, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Zendesk, Inc. (NYSE: ZEN)'s sale to Permira and Hellman & Friedman LLC for $77.50 per share. If you are a Zendesk shareholder, click here to learn more about your rights and options.
USA Truck, Inc. (NASDAQ: USAK)'s sale to DB Schenker for $31.72 per share in cash. If you are a USA Truck shareholder, click here to learn more about your rights and options.
Epizyme, Inc. (NASDAQ: EPZM)'s sale to Ipsen. If you are an Epizyme shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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https://www.kxii.com/prnewswire/2022/07/06/investigation-notice-halper-sadeh-llp-investigates-zen-usak-epzm/
| 2022-07-06T02:46:54Z
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LONDON, Aug. 10, 2022 /PRNewswire/ -- HKA, the leading global consultancy in risk mitigation, dispute resolution, expert witness and litigation support services, has been acquired by PAI Partners, a pre-eminent private equity firm. PAI is backing HKA's management team and partners to accelerate the significant growth achieved under the ownership of international alternative asset fund management group Bridgepoint Development Capital.
Since the carve-out from Hill International in 2017, HKA has grown into a global leader in dispute avoidance, dispute resolution and litigation support for capital projects and infrastructure, while also building a broader set of multi-disciplinary expertise. Over the last three years, HKA has successfully developed complementary specialisms across both forensic technical and engineering services as well as forensic accounting and commercial damages. Today HKA employs more than 1,000 experts, consultants and advisors in 40-plus offices worldwide.
PAI is excited to support HKA's management team and partners in their ambitions of becoming the global consultancy of choice supporting and advising corporate clients and law firms with their dispute and litigation related technical and financial needs across all sectors.
Thanking Bridgepoint for its support over the last five years, Renny Borhan, CEO of HKA, commented: "We are very proud of the success we have achieved over the last five years with Bridgepoint's support. HKA has built a global team with a special collaborative culture and expertise that is unmatched in its depth and breadth. We have also created significant equity value for our investors as well as our 100+ partners, who have a material ownership interest in HKA. The next phase of our growth will be no less exciting. We are delighted to have the backing and expertise of PAI as we seize the many opportunities we see in our markets and accelerate the growth of our business."
Neil McIlroy, Partner at PAI Partners, added: "HKA is uniquely positioned for long-term growth in the large and fragmented risk mitigation and dispute resolution market. We look forward to supporting Renny and his talented team as they deliver HKA's ambitious business goals through organic growth and targeted acquisitions."
"HKA has been a very successful investment for Bridgepoint. Working closely with management, together we built significant value by establishing a strong partnership culture, focusing on strategic geographic markets and undertaking selective M&A as well as a comprehensive operational improvement programme. These initiatives mean that the business is now well positioned for further growth under new ownership," said Jeannele M'Bembath, Director at Bridgepoint Development Capital.
HKA is the world's leading consultancy of choice for multi-disciplinary expert and specialist services in risk mitigation, dispute resolution and litigation support. We employ in excess of 1,000 consultants, experts and advisors in more than 40 offices across 18 countries. For more information about HKA, visit www.hka.com
Media contacts
HKA:
Josephine Guckian, Partner, Chief Marketing and Communications Officer
Tel: +44 7740 421 796
josephineguckian@hka.com
John Paolin, Partner
Tel: 609-320-8276
johnpaolin@hka.com
Greenbrook Communications:
James Madsen – Fanni Bodri
Tel: +44 207 952 2000
pai@greenbrookpr.com
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https://www.wibw.com/prnewswire/2022/08/10/pai-partners-acquires-hka-bridgepoint-development-capital/
| 2022-08-10T17:53:07Z
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SAN MATEO, Calif., June 13, 2022 /PRNewswire/ -- DeepBrain AI was awarded the third place in the "solution development" category at the "T-Challenge" award ceremony of the global technology pitching competition held in Bonn, Germany on June 1st.
T-Challenge is a global technology pitching competition co-hosted by Deutsche Telekom and T-Mobile, the leading telecommunications companies in Germany and the United States. More than 300 global startups participated in this competition to show off new ideas and solutions on the theme of extended reality (XR) solutions that include augmented reality (AR), virtual reality (VR), and mixed reality (MR).
The competition, which received applications for participation since October last year, held qualifiers for all participating companies in February of this year, and selected 10 companies from each category of solution development and design development. Since then, 20 companies have gathered in Germany to hold the final technology pitching competition, and Deep Brain AI came in third place in the 'Solution Development' category, beating the leading global companies.
DeepBrain AI presented its AI Human solution that creates photorealistic virtual humans through deep learning and video synthesis. By introducing practical use cases in several fields, such as finance, education, broadcasting, and commerce, as well as technology development, it emphasizes the marketability and technological innovation of the company.
In addition, DeepBrain AI won 50,000 euros as an award, and also gained the opportunity to establish business partnerships with Deutsche Telekom and T-Mobile in the future.
"It is even more meaningful to be recognized for the technological innovation of DeepBrain AI and the global competitiveness of IT startups by participating in this T-Challenge," said CEO of DeepBrain AI. "We will continue to strive to create various opportunities through active participation in global competitions and expansion of business areas."
Interested parties can contact global@deepbrainai.io for more information before the event.
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https://www.mysuncoast.com/prnewswire/2022/06/13/deepbrain-ai-won-3rd-place-global-pitching-competition-t-challenge/
| 2022-06-13T17:33:07Z
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ANDOVER, Mass.., June 17, 2022 /PRNewswire/ -- On Thursday, May 12th the Galveston Police Department received several 911 calls reporting that a vehicle had just struck a bicyclist and fled the scene. Witnesses stated that the bicyclist received serious injuries and would need immediate medical attention. A few minutes later another 911 caller stated they were just involved in an accident and the suspect vehicle was also fleeing the scene. Dispatchers quickly ascertained that the second collision was just blocks from the first and the vehicle descriptions matched. The second caller stated that they were following the suspect vehicle and continued to give updated locations until patrol units arrived. A patrol officer attempted to initiate a traffic stop of the suspect vehicle, but the driver began to evade officers, leading them on a chase that wound its way through several residential streets. The suspect finally stopped the vehicle in the middle of the roadway near several apartment complexes. The officers then conducted a "high risk stop" where several patrol cars line up behind the suspect vehicle and verbal commands are given over a loudspeaker to the driver and occupants of the car. During this "high risk stop" several commands were given for the driver to exit the car and walk back to the officers but the driver failed to comply, barricading himself in the vehicle.
After approximately 10 minutes with no resolution, officers on scene called for anyone with a long-range less lethal device. Due to the distance and type of situation, a taser or chemical agent aerosol would have been ineffective. Galveston PD Special Operations Units and select patrol officers had recently been issued Byrna SD less-lethal launchers and shortly after the call, a patrol officer carrying a Byrna SD arrived on scene.
At some point during this "high risk stop", the driver had opened his door and left it ajar. The patrol officer warned the driver that if he did not exit the vehicle, he would be utilizing a chemical agent based less-lethal device. With no reaction from the driver, and from approximately 40 feet away, the patrol officer fired five rounds of Byrna Max into the vehicle. The first three rounds struck the dashboard in front of the driver, and he immediately began reacting to the chemical irritant. The next two rounds struck the driver directly at which point he quickly exited the vehicle and began walking backward to the officers where he surrendered without any further resistance.
The driver of the vehicle was arrested for Felony Accident Involving Injury and Felony Evading in a Vehicle. The bicyclist that he struck had suffered severe spinal injury, breaking several vertebrae, several broken ribs, and a broken leg.
Josh Schirard, Byrna's Director of Law Enforcement Operations, stated "we are extremely pleased that Galveston PD was able to use the Byrna SD to great effect in apprehending a suspect, under dangerous conditions, without having to resort to deadly force. This "high risk stop" is exactly what the Byrna SD was designed for – being able to disarm and disorient a non-compliant subject from a significant standoff distance, without risking serious injury or death. No other less-lethal device could have been effective under the circumstances." Click here to see the apprehension from the vantage point of the officer's bodycam video.
Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a non-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company's e-commerce store.
This news release contains "forward-looking statements" within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "intends," "will," "anticipates," and "believes" and statements that certain actions, events or results "may," "could," "would," "should," "might," "occur," or "be achieved," or "will be taken." Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.
Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, prolonged, new, or exacerbated disruption of our supply chain, determinations by third party controlled distribution channels not to carry or reduce inventory of our products, and potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factor. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, ("Risk Factors") in our most recent Form 10-K, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in our SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.
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https://www.mysuncoast.com/prnewswire/2022/06/17/galveston-police-department-deploys-byrna-sd-apprehend-hit-and-run-driver/
| 2022-06-17T13:02:58Z
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NEW YORK, June 8, 2022 /PRNewswire/ -- A new report released today by the Digital Asset Advocacy Group (DAAG) provides new details on the rising use and risks of crypto lending, a financial technology that has grown in tandem with the widespread adoption of cryptocurrencies. Findings show that while innovative tools like crypto lending effectively harness the power of new technologies, there are risks caused by bad actors operating in the new space and more must be done to educate and protect consumers.
The new report, "Crypto Lending and the Need for Consumer Protection," highlights the increased adoption of crypto in the U.S., particularly by millennials. Similarly, there is a rise in acceptance of crypto in retail business, with more than 18,000 companies reporting that they accept crypto as a form of payment for products or services.
It goes on to detail the growing popularity of crypto lending is gaining popularity exponentially. For instance, the demand for crypto loans from crypto lender, Genesis, was seven times higher in 2021 than in 2020 while crypto lender BlockFi saw an almost 2,000% increase in assets under management during that same time frame.
"There's no doubt that crypto and its accompanying financial tools are gaining popularity and that trend will only continue to rise. And as new technologies such as crypto lending are developed and adopted, education and protecting consumers must be top of mind," said Laura Adams, DAAG member and financial expert. "Unfortunately, consumers are already facing significant issues in their dealings with some crypto lenders."
A number of these issues are described in DAAG's new report, including instances of cyber-attacks, platforms that have already filed for bankruptcy and lenders sued by their customers for failure of notice. Additionally, there are numerous complaints of poor customer service, particularly over the last month following the collapse of Terra's LUNA coin and related fall out impacting Nexo customers.
Advocating that protecting consumers should be the top priority, DAAG's report provides advice on the basic protections consumers should expect from crypto lending companies. Loan agreements should have terms and conditions that are easy to understand, and consumers should receive adequate notice from lenders before any changes are made to the agreement or collateral is liquidated. Crypto lending companies should be regulated by the proper regulatory authorities and have sufficient customer service departments with the ability for consumers to receive responses in a timely manner.
Finally, the report provides solutions for consumers who have been harmed by bad-acting crypto lending companies, pointing them to contact their state's regulatory agency and submit complaints to the Consumer Financial Protection Bureau.
Digital Asset Advocacy Group (DAAG) is a non-profit organization that promotes safe and regulated digital currency lending, depository, and other consumer financial practices. DAAG will accomplish its mission through raising awareness on current harmful trends, developing and promoting industry standards with a focus on protecting consumers and businesses, educating the public on the digital currency industry as a whole, and advocating for digital currency stakeholders, consumers and regulators to advance a more secure and ethical emerging market.
Learn more at digitalassetadvocacy.org and connect on Twitter at @DigiAssetAdv.
Contact: lacie@digitalassetadvocacy.org
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https://www.mysuncoast.com/prnewswire/2022/06/08/new-report-details-growth-crypto-lending-need-consumer-protection/
| 2022-06-08T21:21:49Z
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GrubMarket acquires Frantoni and Granite State Software, established providers of trusted software products for food supply chain businesses of all sizes, to grow its technology capabilities and expand its footprint as a provider of comprehensive software functionalities for food wholesalers, distributors, and brokers nationwide.
SAN FRANCISCO, Aug. 22, 2022 /PRNewswire/ -- GrubMarket today announced it has completed the acquisitions of New York-based Frantoni Corporation ("Frantoni") and Kansas-based Granite State Software ("GSS"), highly reputable enterprise software providers that specialize in building advanced food supply chain software solutions, with a focus on the Eastern and Midwest regions of the U.S.
Both companies are led by software veterans with decades of industry experience in the fresh produce space. Founded nearly 40 years ago by experienced computer professional Peter Kimball, GSS is now managed by seasoned software engineer Glenn Sherman, who joined GSS in 1990 and took over ownership of the company in 2014. Frantoni is still run by original owner Frank Gemeinhardt, accomplished tech sales executive and software engineer who built Frantoni into industry-leading software used by many prominent produce wholesalers in New York City. In addition to offering specialized produce ERP software systems, both GSS and Frantoni seamlessly integrate with Orders IO, GrubMarket's innovative, custom-branded eCommerce mobile app for customer ordering and communications. Known for their commitment to customer satisfaction, both Frantoni and GSS have loyal and dedicated customers who have grown with the companies for decades. After the acquisition, GSS and Frantoni will continue to be managed by Glenn Sherman and Frank Gemeinhardt, respectively, and GSS and Frantoni customers will have the opportunity to add on additional modules offered by GrubMarket's Orders IO and WholesaleWare products.
"We are thrilled to join GrubMarket and continue our legacy by working with the team here to improve the archaic and old-school food supply chain industry. Our deep technical expertise from 39+ years of produce wholesale software development experience, combined with our strong customer relationships across the Northeast, Midwest, and Southeast U.S., puts us in a unique position to help further GrubMarket's mission to digitally transform this under-digitized sector," said Glenn Sherman, owner of GSS.
Frank Gemeinhardt, owner of Frantoni, adds: "We are excited to join the GrubMarket team to provide our customers with the opportunity to adopt additional modules offered by the visionary WholesaleWare ERP software. GrubMarket's tech team is among the best in the industry, and we can't wait to collaborate as a greater team to solidify our status as the most impactful technology enabler in the food space."
According to Mike Xu, CEO of GrubMarket: "Both Frantoni and GSS have strong reputations in the software development space for fresh food supply chain players. Both companies have a customer-first philosophy that matches our own here at GrubMarket. They've been in business for decades, have proven track records of high customer satisfaction, and offer strong synergies with our flagship product, WholesaleWare. We're excited to bring Glenn and Frank's considerable expertise to GrubMarket, to help us continue building a best-in-class software and eCommerce experience for our software customers. This acquisition enables us to further strengthen our ability to accelerate digital transformation in this traditional food supply chain space."
GSS and Frantoni's software offerings will become an addition to GrubMarket's eCommerce and software product family, which already includes the innovative and proprietary WholesaleWare software suite, the company's software-as-a-service platform that provides food industry wholesalers and distributors with seamless financial management, powerful sales, and online ordering features, precise inventory management, lot traceability, grower accounting, and automated routing and logistics, as well as Orders IO, GrubMarket's custom branded mobile eCommerce solution.
About GrubMarket
Founded in 2014, GrubMarket is a San Francisco-based food technology company operating in the space of food supply chain eCommerce for both business customers and end consumers, as well as providing related software-as-a-service solutions to digitally transform the American and global food supply chain. Currently, GrubMarket operates in all 50 U.S. States; Ontario and British Columbia (Canada); Argentina, Chile, and Colombia (South America); India, Mexico, South Africa, and Spain, with plans to expand to the rest of the U.S., Canada, South America, and other parts of the world.
For Media Inquiries:
GrubMarket Media Team
media@grubmarket.com
(510) 556-4786
GrubMarket Inc.
1925 Jerrold Ave.
San Francisco, CA, 94124
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https://www.wibw.com/prnewswire/2022/08/22/grubmarket-acquires-produce-software-providers-frantoni-granite-state-software/
| 2022-08-22T14:42:07Z
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Infant formula shortage throws the West Wing into crisis mode
By Edward-Isaac Dovere and Kaitlan Collins, CNN
President Joe Biden’s West Wing has been thrown into crisis mode over a nationwide shortage of baby formula, with top aides undertaking efforts to restock grocery store shelves while coming under fire for a mess they didn’t create and which they’re still working to grasp the scope of.
The shortage has opened yet another political wound going into an already challenging midterm election season, frustrating the West Wing and the rest of the administration as they struggle with how little control they have over a situation which is centered at the US Food and Drug Administration, an independent agency which the White House neither controls nor gets direct reports from.
Officials — who have deployed wartime measures and bypassing normal airfreight routes in response — are now confronting criticism that the FDA moved too slowly to address warning signs. At the same time, they’re attempting to learn whether formula companies are actually short on ingredients, while also trying to tackle potential price gouging.
Officials in multiple states have been slow to report whether they’re having shortages or whether national attention has generated anxiety at the local level.
At the heart of the crisis is a shuttered manufacturing plant in Michigan. The Abbott Nutrition plant, which is poised to restart production soon, closed after two babies who had consumed formula produced there became ill and died, prompting an investigation.
The closure exacerbated shortages caused by supply chain disruptions and highlighted how concentrated the formula industry is. Only once the crisis was already underway did many in the administration even realize how much medically specialized formula for the entire country was produced out of just one plant.
Complicating the issue even further, Abbott Nutrition is the exclusive provider to about half of infants in WIC, the food assistance program that helps feed more than 1.2 million infants.
While White House aides have pointed to actions taken with the WIC program back in February, the FDA has yet to explain the four-month lag from when a whistleblower filed a complaint about the facility last fall and when the agency took action. FDA Commissioner Dr. Rob Califf told CNN that an internal review will be conducted into what went wrong.
Frustration is also mounting on Capitol Hill. During a hearing this week, Democratic Rep. Rosa DeLauro blasted the FDA, saying that if the whistleblower allegations are true, Abbott “lied, cut corners, falsified records” and “knowingly put a contaminated product on the market” and that the FDA knew about this in October, but it took them until late December to act.
Califf said the FDA investigation was not completed yet, and that he was not yet in a position to answer specifics, and that he would be prepared to go into much more detail at an oversight hearing next week.
Another Democratic lawmaker, Rep. Mark Pocan, challenged him on his silence.
“Please take this in the proper vein, but I think there was frustration when you were asked what happened in the answer you gave back as, ‘We’re investigating, we can’t talk about it,” Pocan said. “You can talk about it, and honestly, you should talk about it. One problem that I’ve seen over and over with the FDA in my 10 years here is you guys aren’t good at communicating. And, you know, this is something that parents are asking us about, they want to know what happened.
“You all got to get that down to explaining in a way that real people can understand. I understand there’s science behind it, but it’s not acceptable to say that you can’t comment on it.”
Frustration building in the West Wing
Every move and comment Biden and aides have been making, meanwhile, has been weighed against increasing panic, with administration officials anxious about setting off hoarding, which would only increase the shortage.
As the crisis began to unfold, officials struggled with who should be the face of the crisis: the FDA, the Domestic Policy Council or the National Economic Council. All three were working to address the issue. Health and Human Services Secretary Xavier Becerra was departing for Indonesia. Eventually, officials from the NEC were some of the first to go on television, with the head of the FDA appearing only days later.
Administration officials have felt the solutions were largely out of their control. Though Biden spoke with the Abbott CEO last week, aides have been unable to get a clear answer from the company on why it has yet to reopen the plant.
Internally, frustration has mounted around the FDA itself — an independent agency with which Biden has been adamant about not interfering — for being too slow to approve importing formulas, aides tell CNN, because officials insisted ingredients produced overseas precisely meet US standards and levels, in addition to attributing other delays to having to translate labels and measurements on foreign labels. CNN has reached out to the FDA for comment on the White House’s frustration.
The result: Formula that babies are drinking every day in countries all over the world had not been deemed safe enough for American babies, instead leaving many American babies without any formula at all as FDA officials have defended their efforts as moving carefully to prevent a potential spiral of additional health problems for babies.
A White House spokesman countered that they’re “incredibly grateful for the work FDA has been doing to ensure the health and safety of our children. That is their obligation and together we are focused on solutions to getting more safe infant formula to the American people.”
Defense Production Act not a ‘magic wand’
Biden’s invoking of the Defense Production Act this week, meanwhile, took weeks because he and aides were initially skeptical that the move would have much effect. White House officials have been clear-eyed that the DPA is not a “magic wand” to instantly increase production. Biden’s team debated internally about whether invoking it would move the needle significantly on production before eventually deciding to move forward.
The act, which can force private companies to shift into making needed goods, is the only real tool Biden had directly. As helpful as the DPA was in building up the supply of masks and other protective gear at the start of the pandemic, White House officials didn’t see how other factories or plants could be brought up to speed to create formula, given how specialized the ingredients and machinery are at the Abbott plant.
As officials examined other provisions of the law, though, they saw ways to indirectly accelerate the supply chain and production process, whether by improving delivery of building block ingredients or needed machinery. Transportation Secretary Pete Buttigieg has acknowledged publicly that “a shortage of ingredients is not what led to the shutdown of the facility.”
“We will do things to cut days off of production schedules and timelines to make sure we’re moving things quickly to shelves,” an administration official told reporters Thursday afternoon.
Rep. Abigail Spanberger, a Virginia Democrat facing a tough reelection race who pushed White House chief of staff Ron Klain to invoke the DPA over two conversations last week, acknowledged that in her response to Biden actually doing what she’d asked.
“In addition to invoking the DPA, I’m continuing to press the administration and industry leaders to cut more red tape, get any closed facilities up and running, and increase imports of safe baby formula from other countries,” Spanberger said.
Cabinet secretaries abroad while crisis bubbled up
White House aides also pointed to other moves geared toward minimizing the psychology that leads to panic buying by trying to stabilize consumer confidence.
They’ve issued waivers which allowed customers to switch formula brands without doctors’ notes or increasing potential sales under the WIC food program, guaranteeing a market for companies which have stepped up their own production. White House officials said Thursday that more formula is being produced now than before the Michigan plant was shut down.
Complicating the response: The two Cabinet secretaries with the most direct authority over the situation — Becerra, whose department oversees the FDA, and Agriculture Secretary Tom Vilsack, whose department oversees food production — were both in Europe over the last week for conferences with their G7 counterparts. Their absences were noted by others in the administration who remained in Washington working on both the behind-the-scenes and public responses.
Becerra’s contracting Covid-19 while in Germany added another wrinkle, but his spokesperson Sarah Lovenheim said that the secretary has been stressing to international counterparts that on the need for imported formula, “They all receive the message: quick and safe.”
Lovenheim described “a herculean effort to get more formula safely on shelves,” adding, “Folks have been working around the clock, including over the weekend, and the goal is to continue moving quickly and safely to get formula into the hands of everyone who critically needs.”
HHS is now taking the lead in paying for and arranging incoming shipments for what it’s calling Operation Fly Formula, with the first announced on Thursday evening by the White House to bring 246 pallets with the equivalent of 1.5 million 8-ounce bottles from Switzerland to Indiana.
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https://localnews8.com/politics/cnn-us-politics/2022/05/20/infant-formula-shortage-throws-the-west-wing-into-crisis-mode/
| 2022-05-20T17:59:29Z
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Validates alignment with FinOps standards and framework
BOSTON, June 16, 2022 /PRNewswire/ -- CloudZero, the leading cloud cost intelligence platform, today announced successful completion of the FinOps Foundation Platform Certification, accrediting the company as a top technology provider to help people effectively adopt cloud financial management practices. This achievement attests that CloudZero is aligned to the FinOps Foundation principles, such as cross-team collaboration and engineering ownership of cloud spend.
"As an organization, we're dedicated to bringing together engineering, finance, and other stakeholders with a common understanding of their cloud spend," said J.R. Storment, executive director of the FinOps Foundation. "CloudZero aligns with that mission and we're thrilled to have them join our certified platforms list, which helps more companies successfully adopt cloud financial management best practices aligned with our FinOps standards and framework."
The FinOps Foundation is a program of The Linux Foundation (alongside organizations like Cloud Native Computing Foundation) dedicated to advancing people who practice the discipline of cloud financial management through training and certifications. The FinOps Foundation now serves over 5,700 practitioner members from more than 2,500 organizations.
"At CloudZero, we believe organizations need to evolve how they approach cloud spend to focus on return on investment, in addition to cost," said Phil Pergola, CEO of CloudZero. "This requires unit economics, engineering accountability, and visibility that drives better business outcomes. We are excited that the FinOps Foundation is out there beating the same drum — and we're proud to be a top partner."
To learn more, visit cloudzero.com/finops. CloudZero will also be a sponsor at the FinOps Foundation conference, FinOps X on June 20-21, 2022 in Austin, Texas.
CloudZero is the cloud cost intelligence platform that puts spend into the context of your business. By aligning engineering, infrastructure, and finance teams around metrics like cost per product feature, customer, and development team, CloudZero enables better strategic decisions, improved unit economics, and efficient spending. Trusted by top cloud-driven companies like Rapid7, Ping Identity, and Malwarebytes, CloudZero works with organizations of all sizes to take the next steps toward cloud cost maturity. Visit cloudzero.com to get started today.
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https://www.mysuncoast.com/prnewswire/2022/06/16/cloudzero-platform-now-certified-by-finops-foundation/
| 2022-06-16T18:41:37Z
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The $225 million development will bring boutique restaurants, retail and multifamily to Gilbert
PHOENIX, Sept. 16, 2022 /PRNewswire/ -- Thompson Thrift, a full-service nationally recognized real estate company, announced today the acquisition of a 35-acre parcel in the Phoenix suburb of Gilbert where the company plans to develop The Gilmore, a mixed-use project with luxury apartment homes and more than 200,000 square feet of boutique restaurant and retail space. The company expects to break ground on the development in the first half of 2023.
"As Gilbert's path of growth has extended south in recent years, there is strong demand from residents to have elevated shopping and dining options near where they work and live," said Ashlee Boyd, managing partner for Thompson Thrift Commercial. "We are excited to collaborate across Thompson Thrift's commercial, residential and construction business units to bring a high-end, mixed-use project to the community."
Located just off Loop 202 South Mountain Freeway on the northwest corner of Val Vista Drive and Germann Road, The Gilmore is located in the heart of the southeast valley and is expected to bring a host of regional and local retailers, restaurants, entertainment-based and service-based tenants to the community.
Thompson Thrift has designed The Gilmore to provide a sense of place and will feature a seamless blending of retail, restaurants and residential uses with a Main Street-style entrance, beautiful landscaping, covered walkways, common area seating, local artist murals and multiple outdoor gathering spaces.
"Mixed-use developments like The Gilmore are possible for Thompson Thrift because of the synergy between our Commercial and Residential development companies. This in-house relationship allows us the ability to work with planners and designers to partner with local municipalities to deliver a first-class development that will be well received by local residents," said Josh Purvis, managing partner for Thompson Thrift Residential.
Chris Hake, senior vice president, director of the Southwest region for Thompson Thrift, added, "We expect leasing interest to continue to be robust due to the Gilmore's proximity to the Val Vista and 202 Loop exchange, strong day time population and the high-end residential neighborhoods that surround the site."
Phoenix Commercial Advisors, an experienced Arizona retail commercial brokerage, will be representing Thompson Thrift in leasing the retail component of the project.
"The Gilmore will be a unique, high-density mixed-use project in the southeast Valley. It will include boutique retail, full-service and fast-casual regional and national restaurants along with high-end multifamily residential," said Zach Pace, senior vice president for Phoenix Commercial Advisors.
Gilbert is located southeast of Phoenix in Maricopa County, about 18 miles from Scottsdale. The city's dedicated attention to nurturing local and regional businesses, its attractive cost of living, economic diversity and a highly ranked public school system helped it earn the title as the best place to live in Arizona as well as the most prosperous large city in the nation.
Thompson Thrift is a full-service real estate development company focused on ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. Since its founding more than 30 years ago, Thompson Thrift has invested more than $3.8 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive retail and residential projects.
Thompson Thrift is well-established throughout Arizona with more than 20 retail, multifamily and industrial projects in development, with an estimated volume of more than $1.5 billion.
About Thompson Thrift Real Estate Company
Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, Indiana, Denver, Houston and Phoenix. Three business units drive Thompson Thrift's success—Thompson Thrift Residential which is focused on upscale Class A multifamily communities and luxury leased homes, Thompson Thrift Commercial which is focused on ground-up commercial development, and Thompson Thrift Construction, a full-service construction company. Through these business units, Thompson Thrift is engaged in all aspects of acquisition, development, construction, leasing, and management of quality multifamily, mixed-use, retail, industrial and commercial projects across the country. We are passionate about our customer's success and strive to ensure our projects not only meet the needs of our customers but also the communities we serve. For more information, please visit www.thompsonthrift.com
Contact:
Jennifer Franklin
Spotlight Marketing Communications
949.427.1385
jennifer@spotlightmarcom.com
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https://www.wibw.com/prnewswire/2022/09/16/thompson-thrift-purchases-35-acres-mixed-use-development-near-phoenix/
| 2022-09-16T18:45:29Z
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Company offers tips for customers to manage rising temperatures and energy costs
GREENSBURG, Pa., June 20, 2022 /PRNewswire/ -- With the hot, humid summer months expected to produce higher electric usage and potentially severe weather, West Penn Power, a FirstEnergy Corp. (NYSE: FE) subsidiary, is completing inspections and conducting proactive equipment maintenance in its 24-county western and central Pennsylvania service area to help enhance service reliability for customers.
"We proactively inspect and maintain our equipment to help ensure our system is prepared for increased electrical demand when temperatures soar," said Scott Wyman, president of FirstEnergy's Pennsylvania operations. "These important steps help to minimize the length and impact of service interruptions should summer storms cause power outages."
West Penn Power crews are wrapping up inspections of electrical equipment located along neighborhood power lines to ensure the equipment is ready to perform reliably with elevated summer electrical demand, typically due to air conditioning usage.
Substation electricians use thermovision cameras during summer-readiness inspections to capture infrared images, helping to detect potential problems within substations and on power lines that cannot be observed during regular visual inspections. These images can identify equipment issues such as loose connections, corrosion and load imbalances, and utility workers are able to make repairs to prevent potential power outages in the future.
In addition, helicopter patrols have completed inspections of more than 1,700 miles of power lines owned by West Penn Power and Trans-Allegheny Interstate Line Company (TrAILCo), a FirstEnergy transmission subsidiary, located in the West Penn Power area. The inspections are designed to look for damaged wire, broken cross arms and other hardware problems not visible from the ground. Any potential reliability issues identified during the inspections will be addressed.
West Penn Power employees recently participated in an annual emergency preparedness drill to practice restoration processes and review storm-management tools critical to safely and quickly getting the lights back on following severe weather. The Atlantic hurricane season runs through November 30 and is forecast to be more active than normal this year, continuing a trend seen in recent years.
Customers can get tips to prepare in advance of severe weather, and view restoration updates if storms do cause power outages, by visiting FirstEnergy's 24/7 Power Center at www.firstenergycorp.com/outages.
With the summer storm season also comes higher-than-usual temperatures and rising energy costs. Customers can take steps to beat the heat while also managing their electricity bill this summer. The following tips can help customers use electricity wisely during this period of high demand:
- Set thermostats as high as comfort will allow. Every degree a customer can increase the temperature in their home will result in using about 3 percent less energy during the summer.
- Use fans – moving air cools skin faster, resulting in greater comfort on hot days.
- During sunny weather, close drapes or blinds on windows facing the sun to prevent direct radiant heating from impacting interior temperatures.
- Use a programmable or smart thermostat to keep temperatures higher when no one is home and to reduce the temperature before arrival back home.
- Seal any leaks with caulk or weather stripping to prevent hot air from sneaking into your home.
- Check air conditioner and furnace fan filters. Clogged filters waste energy and money by forcing HVAC systems to work harder than necessary.
- Avoid using heat-producing appliances during the hottest hours of the day. The less heat produced at home, the less work the air conditioner must do.
- Payment arrangements and assistance programs are available for customers who need help with their electric bills. For more information, visit www.firstenergycorp.com/billassist.
Summer is also a time when contractors and homeowners spend more time outdoors completing projects. Important outdoor electrical safety tips are available at www.firstenergycorp.com/publicsafety.
West Penn Power serves approximately 734,000 customers in 24 counties within central and southwestern Pennsylvania. Follow West Penn Power on Twitter @W_Penn_Power and on Facebook at www.facebook.com/WestPennPower.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
Editor's Note: Photos of workers conducting thermovision inspections to enhance service reliability for FirstEnergy customers are available for download on Flickr. A video of utility personnel conducting a thermovision inspection and explaining the work can be found on the company's YouTube channel.
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https://www.wibw.com/prnewswire/2022/06/20/west-penn-power-conducting-inspections-maintenance-help-enhance-service-reliability-customers-through-summer-season/
| 2022-06-20T14:44:16Z
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Tom Cruise plays Capt. Pete “Maverick” Mitchell in Top Gun: Maverick from Paramount Pictures, Skydance and Jerry Bruckheimer Films. Cruise’s latest film has crossed the $1 billion mark at the worldwide box office.
The sequel to the 1986 blockbuster, in which Tom Cruise reprises the famed role of Pete “Maverick” Mitchell, has crossed the $1 billion mark at the worldwide box office, according to Paramount.
“Maverick” is the first film in Cruise’s more than 40-year career to reach the billion-dollar milestone — and it’s also the second-highest-grossing film in Paramount’s long history in terms of domestic figures, behind only 1997’s “Titanic.”
What’s more, “Maverick” notched its impressive box office figures in a sort of old-fashioned way: It scored a record opening over Memorial Day weekend and hasn’t slowed much since.
“It’s rare to get the special kind of alchemy that creates a true event film, and we have been absolutely blown away by the global response,” Brian Robbins, Paramount Pictures’ president and CEO, said in a statement.
“Maverick” has gotten tremendous word of mouth, and audiences — especially ticket buyers over the age of 35 — have gravitated to the film. That’s notable because this demographic has been somewhat reluctant to return to theaters since the onset of the pandemic.
It’s also only the second movie of the pandemic era to make $1 billion at the global box office, joining December’s “Spider-Man: No Way Home.”
“For any film to join the $1 billion club is a monumental achievement,” Paul Dergarabedian, senior media analyst at Comscor, told CNN Business. “But ‘Top Gun: Maverick’ hitting $1 billion during the pandemic is a bit different.”
“It was the perfect movie at the perfect time because it starred one of Hollywood’s last movie stars, in a movie that delivered on all fronts to all audiences around the world,” he added.
Critics have also piled on praise. The movie, in which Maverick returns to teach a new set of pilots how to take on an impossible mission, has a near-perfect 97% score on review site Rotten Tomatoes.
So far, the split for “Maverick” is more than $520 million domestically and more than $468 million overseas. It is the 50th film in history to make more than $1 billion at the global box office, not accounting for inflation.
Over the weekend, “Maverick” took the No. 2 spot at the domestic box office in its fifth weekend, notching $29.6 million. No. 1 was the musical biopic “Elvis,” starring Austin Butler and Tom Hanks, which opened to $31.1 million in North America.
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https://www.albanyherald.com/news/business/top-gun-maverick-becomes-the-first-1-billion-tom-cruise-film/article_2291e1be-032c-54b6-abd8-8d471820caee.html
| 2022-06-27T18:58:06Z
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The Flex Co. is a proud partner of #HappyPeriod, promoting menstrual health education for BIPOC and minority communities in the Los Angeles County area
VENICE, Calif, May 27, 2022 /PRNewswire/ - In anticipation of Menstrual Hygiene Day on May 28, The Flex Co. teamed up with #HappyPeriod for a FLOW period care pop-up – a health education event hosted at The Salt Eaters Bookshop on May 14. Held to benefit the teens of Compton G.IRLS Club, FLOW brought together three prominent Black-owned local organizations to support today's youth.
#HappyPeriod is the first Black-led nonprofit organization that fills a need for menstrual health education, advocacy, and access, especially amongst adolescents, teens, and young adults. Studies have found that 1 out of 5 teens1 in the U.S. miss class because of lack of access to period products and 23% of students1 have struggled to afford period products. The FLOW period care pop-up program was created to combat these issues, especially amongst underserved groups.
FLOW offers a shame-free space to discuss menstruation and introduce self-care methods to have a better period week. As a partner, The Flex Co. supports #HappyPeriods workshop curriculum and provides resources and body-safe period products to all attendees—women, girls, femmes, and gender expansive humans. Education is a cornerstone of Flex's mission, as is creating opportunities for more health education within the minority and BIPOC communities that #HappyPeriod serves. With these FLOW pop-ups #HappyPeriod hopes to garner the attention of local public schools in order to provide a more formal educational service to institutions that are willing to place a higher value on the importance of menstruation.
"It brings me joy to be of service to the Compton G.IRLS Club alongside our incredible partners. This year's kickoff to FLOW period care pop-ups was a huge success and a testament to the impact that Black women and femmes have in the community. We're committed to supporting our underserved youth and grateful to share these experiences," says Chelsea VonChaz, Founder of #HappyPeriod.
The May 14th FLOW period pop-up event was further supported by Shoe Palace Corporation and Nike.
If your organization is interested in hosting a menstrual health educational workshop, please reach out to Happy Period via happyperiod@rebelliouspr.com.
#HappyPeriod acts as a catalyst for the advancement of menstrual care. Moved to movement by the sight of a homeless woman wearing blood stained rags as she crossed the street, mother-daughter duo Chelsea VonChaz and Cherryl Lucy-Warner took action in 2015. Their mission is to produce programs with love centered on menstrual care that empower Black, Indigenous, and Latin adolescents and teens. #HappyPeriod has spread across 15 U.S. cities and is an approved facilitator for the Los Angeles County School District. Through partnerships with brands such as Airbnb, Facebook, The Flex Co., and Google, they advocate for menstrual equity.
Compton G.IRLS Club was founded in 2017 as an after school club based in Compton High School's Library. We started with 12 girls and volunteers from within our own community. We have created a safe space for girls to learn something new without judgment.
The Flex Co. is the top-selling sustainable period care brand known for creating highly differentiated, innovative products. Their product portfolio, including Flex Disc™, Flex Cup™, Flex Reusable Disc™, Flex Plant+ Disc™, Softdisc®, and Softcup®, is sold in nearly 30,000 retailers in the United States. Based in Venice, California, The Flex Co. is FDA-registered and is the sole designer of its products, which are manufactured in the United States and Canada. Learn more at Flexfits.com, and join our #uterati customer community on Instagram, TikTok, and Facebook.
The Salt Eaters Bookshop is a bookstore that prioritizes books, comics, and zines written by and about Black women, girls, femmes, and and gender expansive people in Inglewood, CA. #BlackWomanOwned
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https://www.mysuncoast.com/prnewswire/2022/05/27/time-menstrual-hygiene-day-happyperiod-reinvigorates-flow-period-pop-ups-advocating-health-education/
| 2022-05-27T15:15:25Z
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112-year-old bell returned to Milburn Public School
MILBURN, Okla. (KXII) - An Oklahoma school bell is back at the district it first rang for-over a century ago.
Milburn’s first schoolhouse opened in 1910, but according to the superintendent, over fifty years later that campus burned down.
A member of the Milburn family took the bell from the ashes, and kept it in the family for another fifty years.
This past week, a descendant of the Milburns brought the old bell back to Milburn Public Schools.
Milburn superintendent Joey McBride said students are excited to have a piece of history on campus.
“Super excited, the kids are very interested in the history of the school and the bell just made them that more excited about it,” McBride said. “They’re anxious to see what its gonna look like restored, and where we’re going to put it and how we’re gonna use it moving forward.”
McBride said after the bell is restored, the school will ring it again on special occasions.
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/08/22/112-year-old-bell-returned-milburn-public-school/
| 2022-08-22T05:28:11Z
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Raffaelle Breaks has created top-rated digital products used by millions worldwide
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Unite Us, the enterprise technology company connecting health and social care, welcomes internationally recognized product leader Raffaelle Breaks to serve as Chief Product Officer.
Ms. Breaks joins Unite Us at a pivotal time for the company as it expands its coordinated care network to all 50 states and continues to innovate with its end-to-end technology solutions to identify and address social determinants of health. In her new role, Ms. Breaks oversees the expansion of Unite Us' suite of products and leads a growing team of product managers, designers, and researchers.
For the past 20 years, Ms. Breaks spearheaded the digital transformation of payments leader American Express. Leading a team of nearly 400 people, she oversaw the launch of new payment, servicing, and lending features to more than 28 million customers worldwide. She also led the product development of the American Express mobile application, which repeatedly ranked first place by J.D. Power for customer satisfaction in the financial services category, and its website received the same distinction in 2021.
"Bringing leaders like Raffaelle Breaks to the Unite Us team allows us to expand our impact and connect more individuals across the country with the services they need," said Dan Brillman, CEO and Co-Founder of Unite Us. "Since she joined the team, Raffaelle has put her considerable talents to work to enhance the Unite Us Platform for our customers and partners, and to advance our product roadmap to drive success for our communities."
The timing was perfect for Ms. Breaks' transition to the Unite Us team. "At this stage of my career, I am eager to be part of a mission-driven company that connects individuals to social care and has a real impact on the health of entire communities," Ms. Breaks said. "This is an opportunity to build products and services to address gaps in the nation's existing social care framework."
Learn more about Raffaelle Breaks and Unite Us at uniteus.com.
About Unite Us
Unite Us is a technology company that builds coordinated care networks of health and social service providers. With Unite Us' end-to-end solution, providers across sectors identify social care needs, send and receive secure, electronic referrals, report on tangible outcomes, and transform payment models within a secure and collaborative ecosystem. Unite Us' community engagement teams build sustainable partnerships with local organizations to ensure their networks have solid foundations, launch successfully, and continue to grow and thrive. This HITRUST-certified, social care infrastructure helps communities address social determinants of health and advance health equity. Follow Unite Us on LinkedIn, Twitter, Instagram, and Facebook.
Media Contact
Next PR
uniteus@nextpr.com
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https://www.wibw.com/prnewswire/2022/08/11/unite-us-adds-fortune-100-chief-product-officer-executive-team/
| 2022-08-11T13:58:22Z
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Spider monkey with ‘Batman’ markings born at Florida zoo
By Zoe Sottile, CNN
The “Batman Returns” — at a Florida zoo.
The Brevard Zoo in Melbourne, Florida, announced the birth of a spider monkey in a blog post. But it’s not just any spider monkey: The newborn has a unique marking in the shape of the “Batman” symbol on its nose.
The “Bat-Signal,” showing the silhouette of a bat extending its wings, is used throughout the DC Comics series as a distress signal to summon Batman.
The distinctively marked baby was born to 31-year-old female Rochelle and 25-year-old male Shooter on April 15.
“The youngling is doing well, holding on strong to mom and nursing successfully,” wrote the zoo. The young monkey’s sex is still not known. The zoo noted that Rochelle is an experienced mother and that other members of the spider monkey troop have checked in on the mother and child.
Black spider monkeys, found throughout eastern South America, are classified as “vulnerable” to extinction, according to the World Wildlife Fund. Their population has declined due to the destruction of tropical rainforests and hunting.
“Every Zoo birth is a safeguard against losing these precious species in their natural range,” says the Brevard Zoo.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/news/national-world/cnn-national/2022/04/23/spider-monkey-with-batman-markings-born-at-florida-zoo/
| 2022-04-23T11:48:05Z
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Awarded OUTSTANDING CONTRIBUTION and GLOBAL DESIGN BEST INNOVATOR DISTINCTION at CONNECT 2022 Marriott Select Brands Owner and Franchise Awards
MINNEAPOLIS, Aug. 24, 2022 /PRNewswire/ -- Graves Hospitality is pleased to announce its recognition as the winner of two awards from Marriott International at the recent CONNECT 2022 Marriott Select Brands Owner and Franchise Awards ceremony.
Over the past 47 years, Graves Hospitality has developed and managed a portfolio of more than 100 hotels, restaurants, residential and commercial properties. The distinctive Marriott awards honor two Moxy brand properties brought to market in 2021 by the Minneapolis-based company.
The Arne Sorenson Outstanding Contribution award for significant and outstanding contributions to Marriott brands was given to Graves Hospitality for the Moxy Portland Downtown. Located at the intersection of the lavish Pearl and Culture Districts, the 197-room Moxy embraces local maker-culture with a dose of signature style and splash of outdoor adventure, making it the perfect destination for guests visiting the Rose City. Graves Hospitality recently opened Food Cart Alley - a food hall incorporating distinct culinary purveyors into the heart of the hotel - which allows guests convenient access to a variety of outstanding dining options while simultaneously opening for a seamless street connection to the public. Big E by Chef Justin Sutherland and Fast Feathers by Chef Anthony Brown are now open.
Graves Hospitality was the sole recipient of the Global Design Best Innovator award in recognition for the Moxy Oakland Downtown project. The Global Design Best Innovator award recognizes a superior commitment to creative ideas, resources and construction methods while maintaining strong collaboration, and communication with Marriott's project team. Located at the gateway to the Oakland Arts and Entertainment District, all interior and exterior spaces of the 172-room hotel were expertly designed to reflect the creative urban vitality of the dynamic neighborhood, including a six-story art installation titled, Shapeshift Oakland, created by world-renowned artist Thom Faulders. Innovative in every aspect down to its construction, the hotel's completion marked the first-ever, fully modular Moxy Hotel, capitalizing on the cost-saving advantages as compared to a site-built building in the Bay Area.
The Moxy brand combines dynamic design, spirited service, and approachable pricing for the adventure-seeking, modern-day traveler. Since 2018, Graves Hospitality has developed and managed four of the more than 80 lifestyle centric Moxy hotels open across North America, Europe, and Asia Pacific. Benjamin Graves sits on the Moxy Franchise Advisory Committee and has been actively involved in the brand's development and execution.
Consistently recognized as a results-driven industry leader, Marriott's awards for Innovation and contribution are just two of the more recent accolades received by family-owned Graves Hospitality. With a strong corporate team, focused on the pulse of demographic market drivers, financing strategies and lifestyle trends, Graves Hospitality tenaciously looks for new management partnerships and joint venture development opportunities.
"We're committed to projects that fuel our creative passions, in vibrant markets that excite and inspire, with people we sincerely enjoy. When those elements are rooted at the core of our management and development strategies, outstanding contributions and design innovations just come naturally," said Benjamin Graves, president, and CEO of Graves Hospitality. "We're both humbled and invigorated to have earned these stamps of distinction from Marriott."
The CONNECT 2022 Marriott Select Brands Owner and Franchise Awards honoring Graves Hospitality and other winners was held at the Gaylord Rockies Resort & Convention Center in Denver, CO.
About Graves Hospitality: Graves Hospitality turns ideas into action and Real Estate into enterprise. Graves Hospitality offers a comprehensive range of development and management services adeptly tailored to answer the unique needs of independent and branded hotels, resorts, and restaurants as well as residential and commercial projects. The company's development skills and management services, including sales, marketing, distribution, human resources and accounting, are honed by over 40 years of continued success. Consistently recognized as an industry leader, Graves Hospitality has developed and managed more than 100 hotels and restaurants, as well as residential and commercial developments. Graves Hospitality is passionate about providing owners, guests, and associates with an unparalleled level of service and expertise. Partnering with smart, creative and sincerely enjoyable people and then fiercely maintaining those relationships, results in a positive synergy that naturally fosters success. Graves Hospitality takes great pride in being able to identify, develop, build, and manage projects that create great profits for our investors. To learn more information about Graves Hospitality, visit www.graveshospitality.com.
Moxy offers a playful hotel experience for the young at heart. With more than 80 properties open across North America, Europe, and Asia Pacific, Moxy boldly breaks the rules of a conventional hotel stay across the globe. The nontraditional experience starts with check-in at Bar Moxy and comes to life throughout its social public spaces, like the Lounge and Library, and the small but smart bedrooms. Moxy provides stylish, industrial design and sociable service at an attractive price point, so that guests can splurge on the experiences that matter most to them during their travels. Moxy celebrates nonconformity, open-mindedness, and originality above all – forever giving its guests permission to Play On #atthemoxy. For more information, visit www.moxyhotels.com and join the fun #atthemoxy on Instagram. Moxy is proud to participate in Marriott Bonvoy, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments, and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.com.
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https://www.kxii.com/prnewswire/2022/08/24/graves-hospitality-garners-top-accolades-marriott/
| 2022-08-24T17:07:34Z
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Hong Kong's national security police on Wednesday arrested Cardinal Joseph Zen, a 90-year-old former bishop and outspoken critic of China's Communist Party, drawing concern from the Vatican and condemnation from the United States.
Zen is among four high-profile pro-democracy activists arrested by police -- the other three are Cantopop star Denise Ho, former lawmaker Margaret Ng and academic Hui Po-keung, according to the US State Department.
They were arrested on suspicion of collusion with foreign forces, a charge under the city's sweeping national security law, according to a statement from the Hong Kong Police Force.
The city's national security police alleged the four had asked foreign governments to impose sanctions on Hong Kong, which it said was an act endangering national security. The arrested were released on bail late on Wednesday night, according to the Hong Kong police.
Their arrests are part of a probe into a now-disbanded relief fund for the city's pro-democracy, anti-government protests in 2019, according to public broadcaster RTHK.
The four were trustees of the 612 Humanitarian Relief Fund, which was set up in June 2019 to provide financial aid and legal advice for protesters who were injured or arrested. The fund ceased operation last year, after national security police announced they had launched an investigation into its donation sources and whether its operations involved any contravention of the national security law.
Zen was the former top Roman Catholic cleric in Hong Kong. He is one of the city's most outspoken critics of both the Hong Kong government and Beijing, and is known as the "conscience of Hong Kong" among his supporters.
Responding to Zen's arrest, the Vatican said it learned of the news with "concern" and that it is "following the evolution of the situation with extreme attention," it told CNN in a statement.
The arrests also prompted condemnation from the US and Europe.
"In arresting these veteran activists, scholars and religious leaders under the so-called national security law, Hong Kong authorities have again demonstrated they will pursue all means necessary to stifle dissent and undercut protective rights and freedoms," US State Department spokesperson Ned Price said at a press briefing Wednesday.
The European Union's top diplomat, High Representative Josep Borrell, said on Twitter he was following the developments with "great concern." "The fundamental freedoms, as guaranteed in the Hong Kong Basic Law and in the Sino-British Joint Declaration, must be respected," Borrell said.
Amnesty International's Asia-Pacific Regional Director Erwin van der Borght said in a statement that the arrests represent a "shocking escalation" even by "Hong Kong's recent standards of worsening repression," and demonstrates the Hong Kong authorities' "callous disregard for the basic rights of its citizens."
The arrests came days after John Lee, a former police officer and security chief, was selected as Hong Kong's next leader on Sunday.
They are the latest in a sweeping crackdown on Hong Kong's pro-democracy movement, following the imposition of a controversial National Security Law on the city in 2020. Since then, most of the city's prominent pro-democracy figures have either been arrested or gone into exile, while many independent media outlets and non-government organizations were shuttered.
The Hong Kong government has repeatedly denied criticism that the law -- which criminalizes acts of secession, subversion, terrorism, and collusion with foreign forces -- has stifled freedoms, claiming instead it has restored order in the city after the 2019 protest movement.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/hong-kong-arrests-90-year-old-cardinal-on-national-security-charge/article_70673cbf-c822-577b-bce6-659924cf80a7.html
| 2022-05-12T04:02:02Z
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Lucky Charms cereal under investigation by FDA
The U.S. Food and Drug Administration is investigating Lucky Charms cereal after dozens of customers complained of illness after eating it.
The FDA said Saturday it has received more than 100 complaints related to Lucky Charms so far this year.
"The FDA takes seriously any reports of possible adulteration of a food that may also cause illnesses or injury," the agency said in a statement.
Several hundred people have also posted on a food safety website, iwaspoisoned.com, complaining of nausea, diarrhea and vomiting after eating Lucky Charms.
General Mills Inc., the Minneapolis-based company that makes Lucky Charms, Cheerios and other cereals, said it's aware of those reports and takes them seriously. But the company said its own investigation has not found any evidence of consumer illness linked to Lucky Charms.
General Mills said it encourages consumers to share their concerns directly with the company.
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https://localnews8.com/news/2022/04/17/lucky-charms-cereal-under-investigation-by-fda/
| 2022-04-17T20:07:20Z
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NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Attention Molecular Partners AG ("Molecular Partners") (NASDAQ: MOLN) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022.
If you suffered a loss on your investment in Molecular Partners, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Molecular Partners includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
DEADLINE: September 12, 2022
Aggrieved Molecular Partners investors only have until September 12, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong
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https://www.kxii.com/prnewswire/2022/09/12/class-action-alert-law-offices-vincent-wong-remind-molecular-partners-investors-lead-plaintiff-deadline-september-12-2022/
| 2022-09-12T10:42:39Z
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HOUSTON, Aug. 1, 2022 /PRNewswire/ -- BMC, a global leader in software solutions for the Autonomous Digital Enterprise, announced the appointment of Martyn Etherington as senior vice president and chief marketing officer (CMO). Etherington, who has a distinguished track record of driving top-line results, growing market share, improving customer experience, and enhancing brands, will report to Ayman Sayed, president and chief executive officer.
Etherington joins to lead the BMC Marketing team that encompasses brand, digital, customer marketing, and partner marketing. He and his team are responsible for leading the company in driving the Autonomous Digital Enterprise (ADE) market resonance and alignment to BMC offerings. In addition, he will partner closely with the Sales, Customer Success, and Product organizations to ensure that BMC continues to deliver value to customers and partners.
"BMC's current momentum is unquestionable," said Etherington. "From core to cloud to edge, BMC delivers the software and services that enable the world's leading brands to drive their evolution to be an Autonomous Digital Enterprise. I believe BMC is well positioned to leverage its ADE strategy and is at the cusp of writing its next growth chapter, so I am delighted to join at this critical stage."
Etherington is an industry leader with an outstanding track record for driving growth. He served most recently as the EVP and CMO at Teradata Inc. Prior to that, he held the chief marketing officer title at Cisco/Jasper and marketing leadership positions at Danaher and Mitel.
"It's great to have Martyn here to support ongoing BMC marketing evolution aligned to our growth goals and targets. With his industry expertise and experience, I am confident that our marketing organization will become a competitive advantage for BMC," said Ayman Sayed, president, and chief executive officer, of BMC. "I am incredibly grateful to Saar for his dedication and leadership in growing BMC marketing over the past five years. He has been an important figure in BMC culture and was the champion in launching the Autonomous Digital Enterprise in 2020."
Etherington joins as Saar Shwartz, sitting CMO, transitions to a new leadership role in the company. Shwartz served as CMO for five years and was responsible for BMC brand and demand transformation.
Additional Resources:
- For more information, visit our Corporate Leadership Page
- Discover what it takes to become an Autonomous Digital Enterprise here
- Hear from BMC Customers here
BMC works with 86% of the Forbes Global 50 and customers and partners around the world to create their future. With our history of innovation, industry-leading automation, operations, and service management solutions, combined with unmatched flexibility, we help organizations free up time and space to become an Autonomous Digital Enterprise that conquers the opportunities ahead.
BMC, BMC Software, the BMC logo, and other BMC marks are the exclusive properties of BMC Software, Inc. and are registered or may be registered with the U.S. Patent and Trademark Office or in other countries.
©Copyright 2022 BMC Software, Inc.
BMC—Run and Reinvent
www.bmc.com
Editorial contact:
Sheila Watson
BMC
ExtComms@bmc.com
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SOURCE BMC Software, Inc.
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https://www.mysuncoast.com/prnewswire/2022/08/01/bmc-names-martyn-etherington-new-chief-marketing-officer-bolster-its-autonomous-digital-enterprise-growth-strategy/
| 2022-08-01T12:25:18Z
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Watching Your Wallet - Travel Insurance
InvestigateTV - Summer is almost here and for many, travel is right around the corner. When it comes to those big-ticket trips, deciding on travel insurance can be a tough decision. Consumer Investigator Rachel DePompa talks to Sara Rathner from NerdWallet about what she suggests and whether the added cost is worth it.
Rathner explains, “A lot of travel insurance policies have actually added COVID specific coverage to many of their policies. And that’s a good thing because typically known problems like pandemics are not covered.”
That COVID specific language gives you a little bit of extra protection if COVID is the reason your trip gets canceled or delayed or cut short.
NerdWallet also suggests if you are planning a very expensive trip and you’ve pre-paid for a lot of it, it could be worth looking into travel insurance. But first make sure your travel rewards credit card doesn’t already cover you and come with trip insurance.
Adds Rathner: “There’s still lots of flexibility when it comes to booking airfare, hotels and rental cars. You might be able to get your money back or reschedule without paying an extra fee.”
@2022 InvestigateTV
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/06/07/watching-your-wallet-travel-insurance/
| 2022-06-07T21:35:36Z
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Home with Love
CARIO, Aug. 12, 2022 /PRNewswire/ -- In the new town of Sidi Abdellah in Algiers, there are some red-brown and beige buildings of its Mahelma community. In the evening, some residents walk leisurely on the paths, and groups of children happily playing near the slides. Many young people run on the football field, enjoying the game. This is the apartment complex of the Sidi Abdellah government subsidized housing built by China State Construction Engineering Corporation (CSCEC). Since it was completed and put into use in 2019, it has helped over 10,000 locals realize their dream of living comfortably, and effectively improved local housing conditions.
BENSSADA Loubna's family is a beneficiary of the project. In the past, they huddled together in a shabby community in Ain Benian. Today, owning a home of their own is a source of happiness for them. "In 2019, my family and I moved into the new apartment built by the Chinese. Before that I always worried simply because we didn't have a stable place to live."
"When I opened the door of my new home, the feeling was indescribable, like starting a new life." Loubna said excitedly. Project manager Xuan Shijie said what impressed him most were the smiling faces of those who had moved in and their heartfelt greetings to the builders.
CSCEC borrowed the concept of the Barcelona Superblock to make the inner traffic more people-friendly. The privacy of the residents is also well protected. "This is not a luxury project. But we did spend a lot of efforts in materials and the details of the design and facilities to promote residents' happiness," Xuan said.
Affordable housing also allows more residents to join CSCEC. Omar, a local electromechanical engineer, is one of them. He's worked on the project site for 10 years. He said, "I am so proud to be part of the company and to help improve my compatriots' living conditions." According to statistics, the company has provided job opportunities for more than 27,000 local people.
CSCEC has been involved in the construction in Algeria for 40 years. To date, CSCEC has built over 170,000 dwellings in Algeria, covering an area of about 17 million square meters. It has solved housing problems for nearly 1 million people and in so doing made important contributions to people's livelihoods in Algeria.
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SOURCE China State Construction Engineering Corporation
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https://www.kxii.com/prnewswire/2022/08/12/building-lives-return-visit-affordable-housing-project-algeria/
| 2022-08-12T11:02:10Z
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Survivors of child abuse and neglect want lawmakers to make more people be required to report it
TOPEKA, Kan. (WIBW) - When families of child abuse survivors found out current Kansas law does not consider clergy as mandatory reporters, they knew they had to find a way to make a change.
Survivors and families of survivors are looking to hold a certain group accountable to report child abuse.
“Anyone that is in clergy or minister, if you go to your pastor with the fact that someone has been hurt they will be bound by law to report. That’s the thing that is hitting home the most, why do we need a bill for this, this is common sense why wouldn’t anyone in the state of Kansas want to keep kids safe,” said Lori Cook, mother of abuse victim.
Lawmakers are considering a resolution for a constitutional amendment, adding clergy and religious organizations to the list of mandatory reporters.
One survivor says if this was in place years ago, her abuse could have been prevented.
“The church stood by and didn’t do anything to help me out. They protected my abuser since they were not at that time and still are not mandated reporters so they are not obligated to do anything at the time,” said Joe Cheray.
Supporters say the measure could save thousands of lives.
“Studies show that 90% of children abused, are abused by someone they know. Abusers typically don’t stop after one child, the man who abused me, I know at least six other women he abused and I wasn’t the first and I wasn’t the last,” said survivor Kim Bergman.
A second measure would end the statute of limitations for childhood sexual abuse victims to file a civil lawsuit.
Cook says she feels the state has failed survivors.
“Because of the trauma my family has gone through, it could have been prevented and at night when I go to bed, I pray for all the other kids out there that are falling through the cracks because our state simply won’t take care of it so that they are safe.”
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/03/31/survivors-child-abuse-neglect-want-lawmakers-make-more-people-be-required-report-it/
| 2022-04-01T00:29:49Z
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BANGKOK (AP) — Voters in the Thai capital headed to the polls Sunday to elect a new governor in a contest delayed by a military coup that still reflects a divided country with main candidates either supported by the conservative establishment or the liberal opposition.
A record 31 candidates entered the race, but the battle being watched most closely is between two who registered as independents.
One is former Transport Minister Chadchart Sittipunt, a front-runner, and the other Asawin Kwanmuang, who served as the military-appointed governor since 2016. He stepped down in March to contest the election.
The candidates campaigned on issues including congestion, pollution and persistent flooding. There are 4.4 million registered voters in the city, the country’s biggest. Apart from governor, they’re also electing city council members. Bangkok’s last gubernatorial election was in 2013, a year before the military toppled a democratically elected government.
Neither the main opposition party in Parliament, Pheu Thai, nor the ruling Palang Pracharath party, associated with the military and the ruling conservative establishment, officially have candidates on the ballot.
However, 55-year-old Chadchart is seen by both supporters and opponents as a proxy for Pheu Thai, for which he stood as a prime ministerial candidate in the 2019 general election. He served as transport minister in a Pheu Thai government in 2012-2014.
His main rival is 71-year-old Asawin, who was appointed governor in 2016 by Prayuth Chan-ocha. As army commander, Prayuth seized power in the 2014 coup to lead a military regime, and he dismissed the previous governor over corruption allegations. Prayuth was returned to office following the 2019 election as prime minister in a coalition government.
Prayuth, in power for eight years, is expected soon to face a no-confidence motion in Parliament, and rivals on his own side have long been rumored to be seeking to remove him. Even if he survives, there must be a general election by early next year.
Prayuth was able to rule by decree as head of a military government but has struggled within the limits of parliamentary democracy, taking fire especially for fumbling Thailand’s coronavirus vaccination program and recovery plan.
Other candidates include Suchatvee Suwansawat of the Democrat Party. He’s seen as having an outside chance if conservative voters support him instead of Asawin. The Democrats have historically been a power in Bangkok but have fractured badly in the past two decades of polarized politics that have seen street violence and two coups.
A fourth candidate whose results will be carefully watched is Wiroj Lakkhanaadisorn from the progressive opposition Move Forward Party, which takes a more critical stance than Pheu Thai toward the government.
Political science professor Thitinan Pongsudhirak of Bangkok’s Chulalongkorn University noted this was the first significant election since the 2014 coup.
“People are hungry to have a say,” he said in an email to The Associated Press. “The result, if it clearly goes against ruling Palang Pracharat, would be consequential for Parliament, Prayuth and no-confidence.”
Bangkok is administratively a province as well as a city, and the only one where residents can choose their own governor, who is appointed elsewhere by the country’s Interior Ministry.
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https://cw33.com/news/ap-top-headlines/bangkok-votes-for-governor-in-1st-election-since-2014-coup/
| 2022-05-22T13:20:30Z
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TORONTO, July 13, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 Customer Relationship Management Data Quadrant. Nine providers in the Enterprise and Midmarket spaces have been identified as Gold Medalists.
The Customer Relationship Management (CRM) market has undergone explosive growth over the past five years as organizations seek to grow their capabilities and deliver a united customer experience across marketing, sales, and customer service.
"Organizations are looking for CRM applications that integrate across the enterprise, are easy to use, provide automation, facilitate workflow management, allow for data-driven insights, and utilize artificial intelligence to capitalize on opportunities," says Lisa Highfield, Research Director, Enterprise Applications, at SoftwareReviews. "CRM software is an increasingly essential tool for product, sales, and marketing leaders in 2022. These platforms are the workhorses that centralize customer data and manage the customer experience."
SoftwareReviews has collected and verified survey data from 2,707 end-user reviews to identify the top Enterprise and Midmarket CRM software providers for 2022. These providers received high scores on SoftwareReviews' Data Quadrant.
Providers are ranked by a composite satisfaction score, called a Composite Score (CS), that averages four different areas of evaluation: Net Emotional Footprint, Vendor Capabilities, Product Features, and Likeliness to Recommend.
The 2022 Enterprise Customer Relationship Management Software Gold Medalists are as follows:
- HubSpot CRM Platform, 8.3 CS, ranked high for activity and workflow management.
- Microsoft Dynamics 365 Sales Enterprise, 8.1 CS, ranked high for analytics and reporting.
- Salesforce Sales Cloud Enterprise, 8.1 CS, ranked high for business value creation.
The 2022 Midmarket Customer Relationship Management Software Gold Medalists are as follows:
- ConvergeHub, 9.0 CS, ranked high for ease of customization.
- Zoho CRM, 8.7 CS, ranked high for lead management.
- Pipeliner CRM, 8.6 CS, ranked high for ease of data integration.
- Salesforce Sales Cloud Professional, 8.5 CS, ranked high for sales management.
- SugarCRM, 8.4 CS, ranked high for account and contact management.
- Sage CRM, 8.4 CS, ranked high for ease of implementation.
CRM software enables an organization to manage the complete customer lifecycle, capturing, integrating, and analyzing data across all customer touchpoints. The best CRM software suites allow organizations to increase customer loyalty and improve marketing effectiveness and sales productivity.
"Going forward, as organizations adopt and integrate with other sales tools and capabilities including AI, live chat, and omnichannel service delivery, it is important to choose not just the product, but the partner that can grow with your business needs" adds Highfield.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate Customer Relationship Management software providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' dedicated CRM category page.
For more information about SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
About SoftwareReviews
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
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SOURCE SoftwareReviews
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https://www.wibw.com/prnewswire/2022/07/13/best-crm-software-identified-by-softwarereviews-data-increase-customer-loyalty-this-year/
| 2022-07-13T21:45:32Z
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Which diving light is best?
Whether you’re an experienced diver or just starting, you won’t always be diving in crystal-clear water with the sun shining brightly from above. And as your skill increases or your spirit for adventure heightens, you might try cave diving, explore a shipwreck or go diving at night. Naturally, the sun’s light can’t reach into caves or a wreck’s mangled hull.
So, for any of those scenarios, you need a good-quality flashlight. An excellent diving light can increase your field of view and highlight dangers ahead. It can also serve as an emergency beacon, indicating where you are to other divers. The Scubapro Nova 850R Diving Light is a good choice, as it has a head shroud to keep you from blinding others.
What to know before you buy a diving light
Decide on the light type
There are three types of diving or underwater lights to consider.
- Primary dive lights are the brightest and usually the largest. They tend to be heavier than others but let you see clearly in blackout conditions without hassle.
- Secondary dive lights serve as a backup if the primary light fails. They’re lightweight and smaller.
- Photo or video diving lights aren’t often used, but as the name implies, they’re perfect for illumination when taking underwater photos or video. Photo dive lights are usually strobing and won’t provide constant illumination. Video lights, on the other hand, do.
Consider the type of bulb
Depending on the conditions of the dive site, you can choose from three bulb or light head options.
- Xenon bulbs project a warm natural light and are usually more affordable than others. However, their downside is reduced brightness and a shorter battery life.
- LED light heads are powerful and more energy-efficient but project a bright white beam.
- High-Intensity Discharge bulbs are the most powerful but are susceptible to damage. Their near-white light is perfect as a primary flashlight and for underwater photography.
The lumens indicate the brightness
Arguably the most important factor is the brightness of the flashlight, which is indicated in lumens. It’s a complex measurement that combines the bulb type, the beam’s angle and the Kelvin light temperature.
For recreational diving, 200 lumens is perfect under most circumstances, making objects visible within 33 feet. However, you’ll need something more potent for photography, so the light should be between 900 and 2,500 lumens. LED bulbs are the most powerful for non-photography diving and range from 800 to 4,000 lumens.
What to look for in a quality diving light
Rechargeable battery
As with most electronics, the battery capacity determines how long a flashlight operates. Plenty of diving lights use non-rechargeable batteries, but you then run the risk of the light dying on you halfway through a dive. So instead, a good-quality dive light has a rechargeable battery. These are powered up through a standard USB cable, and if you remember to do so after each dive, you’ll never get a surprise when conditions turn dark.
Wide beam angle
The beam angle is essential for a wider field of field. A narrow beam is excellent for pinpoint lighting, but objects in your peripheral vision won’t be visible.
With a diving mask, your vision is limited to about 100 degrees, so a good-quality dive light should cover at least half of that. Beams between 20 and 75 degrees are excellent as primary lights for night dives, and most of the gadgets have adjustable beam angles. Narrow angles, such as 12 to 20 degrees, provide a strong, focused beam that’s great for peeking into holes or crevasses.
Depth rating
The deeper you go, the higher the underwater pressure becomes, and your light must be able to cope. A good-quality light for recreational diving can easily handle pressure up to 90 feet deep. If you go deeper, you must look for a light that withstands it.
How much you can expect to spend on a diving light
The average price of a diving light largely depends on its technology. You can pick up affordable lights for $15-$25, but high-powered gadgets with rechargeable batteries can retail for $200-$2,500.
Diving light FAQ
What’s most important in maintaining a dive light?
A. No matter if you are diving in the ocean or a lake, always rinse your light under fresh water as soon as you are finished. This will prevent any foreign particles from clinging or salt accumulating inside.
Can you upgrade your light yourself?
A. While you can swap out the bulbs on certain models, it is generally not a good idea. You might unintentionally damage the circuitry by altering the light, which can lead to failure when you need it most.
What’s the best diving light to buy?
Top diving light
Scubapro Nova 850R Diving Light
What you need to know: This diving light has a single Cree XPL LED bulb that provides 850 lumens of light. It also has a light shroud that prevents you from blinding other divers.
What you’ll love: It has a built-in rechargeable battery that can last for two hours at full brightness. To be able to withstand underwater pressure, it has an over-pressure valve that releases gases, and the body is made from durable aluminum.
What you should consider: It has a relatively narrow 8-degree beam angle.
Where to buy: Sold by Amazon
Top diving light for the money
Garberiel Two-Pack Scuba Diving Flashlight
What you need to know: All diving lights are waterproof, but these are “super waterproof” with six O-rings that will never let water in.
What you’ll love: Sold as a pack of two, the lights have three operating modes, one of which is an emergency beacon. They have a brightness of 1,000 lumens, and the rechargeable battery will last for around two hours on full power.
What you should consider: The diving light is only certified for depths of 80 feet.
Where to buy: Sold by Amazon
Worth checking out
Genwiss Scuba Diving Flashlight
What you need to know: This diving light is one of the brightest available, delivering 2,000 lumens — powerful enough to see up to 330 feet ahead of you.
What you’ll love: The light’s body is military-grade aluminum, which has anti-oxidation and anti-seawater-corrosion properties. There is a drawstring lanyard at the back with a rubber section to prevent chafing.
What you should consider: It comes with a battery, but you can’t charge it with a USB cable. Instead, you must use the included one-bay charger.
Where to buy: Sold by Amazon
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Charlie Fripp 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.
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https://cw33.com/reviews/br/camping-outdoors-br/gear-br/best-diving-light/
| 2022-04-27T13:43:01Z
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NEW YORK, May 5, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Riskified Ltd. ("Riskified Ltd." or the "Company") (NYSE: RSKD) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Riskified Ltd. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
RSKD investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
WHAT'S NEXT? If you suffered a loss in Riskified Ltd. during the relevant time frame, you have until July 1, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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https://www.wibw.com/prnewswire/2022/05/05/rskd-lawsuit-alert-levi-amp-korsinsky-notifies-riskified-ltd-investors-class-action-lawsuit-upcoming-deadline/
| 2022-05-05T10:26:00Z
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NEW YORK, June 30, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FCEL, CCL, PLUG, EVFM, and REV.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- FCEL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FCEL&prnumber=063020225
- CCL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CCL&prnumber=063020225
- PLUG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PLUG&prnumber=063020225
- EVFM: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=EVFM&prnumber=063020225
- REV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=REV&prnumber=063020225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver
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https://www.mysuncoast.com/prnewswire/2022/06/30/thinking-about-buying-stock-fuelcell-energy-carnival-corp-plug-power-evofem-biosciences-or-revlon/
| 2022-06-30T16:09:30Z
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McDonald’s to sell its Russian business, try to keep workers
(AP) - McDonald’s said Monday that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people, making it the latest major Western corporation to exit Russia since it invaded Ukraine in February.
The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.”
The Chicago-based company announced in early March that it was temporarily closing its stores in Russia but would continue to pay employees. On Monday, it said it would seek to have a Russian buyer hire those workers and pay them until the sale closes. It did not identify a prospective buyer.
CEO Chris Kempczinski said the “dedication and loyalty to McDonald’s” of employees and hundreds of Russian suppliers made it a difficult decision to leave.
“However, we have a commitment to our global community and must remain steadfast in our values,” Kempczinski said in a statement, “and our commitment to our values means that we can no longer keep the arches shining there.”
As it tries to sell its restaurants, McDonald’s said it plans to start removing golden arches and other symbols and signs with the company’s name. It said it will keep its trademarks in Russia.
The first McDonald’s in Russia opened in the middle of Moscow more than three decades ago, shortly after the fall of the Berlin Wall. It was a powerful symbol of the easing of Cold War tensions between the United States and Soviet Union.
McDonald’s was the first American fast food restaurant to open in the Soviet Union, which would collapse in 1991. McDonald’s decision to leave comes as other American food and beverage giants including Coca-Cola, Pepsi and Starbucks have paused or closed operations in Russia in the face of Western sanctions.
Corporations from British energy giants Shell and BP to French carmaker Renault have pulled out of Russia, taking a hit to their bottom lines as they seek to sell their holdings there. Other companies have stayed at least partially, with some facing blowback.
McDonald’s said it expects to record a charge against earnings of between $1.2 billion and $1.4 billion over leaving Russia.
Its restaurants in Ukraine are closed, but the company said it is continuing to pay full salaries for its employees there.
McDonald’s has more than 39,000 locations across more than 100 countries. Most are owned by franchisees — only about 5% are owned and operated by the company.
McDonald’s said exiting Russia will not change its forecast of adding a net 1,300 restaurants this year, which will contribute about 1.5% to companywide sales growth.
Last month, McDonald’s reported that it earned $1.1 billion in the first quarter, down from more than $1.5 billion a year earlier. Revenue was nearly $5.7 billion.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/05/16/mcdonalds-sell-its-russian-business-try-keep-workers/
| 2022-05-16T10:41:01Z
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NEW YORK, July 21, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 22-cv-03811, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Wells Fargo common stock during the Class Period, you have until August 29, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Wells Fargo is a diversified financial services company that provides banking, investment, mortgage, and consumer and commercial finance products and services in the U.S. and internationally.
In 2020, Wells Fargo expanded its so-called "Diverse Search Requirement", also referred to as a diverse slate hiring policy, requiring that at least 50% of interview candidates must represent a historically underrepresented group with respect to at least one diversity dimension (including race/ethnicity, gender, LGBTQ, veterans, and people with disabilities) for most posted roles in the U.S. with total direct compensation greater than $100,000 per year. In addition, at least one interviewer on the hiring panel must represent a historically underrepresented group with respect to at least one diversity dimension.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On May 19, 2022, the New York Times published an article entitled "At Wells Fargo, a Quest to Increase Diversity Leads to Fake Job Interviews". Citing discussions with "seven current and former Wells Fargo employees", including Joe Bruno, a former executive in the Company's wealth management division, the article reported, in relevant part, that "[f]or many open positions, employees would interview a 'diverse' candidate", but that "often, the so-called diverse candidate would be interviewed for a job that had already been promised to someone else." The article further reported that Mr. Bruno was fired after "complain[ing] to his bosses" about the practice.
On this news, Wells Fargo's common stock price fell $0.44 per share, or 1.04%, over two trading sessions, closing at $41.67 per share on May 20, 2022.
On June 6, 2022, Reuters published an article entitled "Wells Fargo pauses diverse slate hiring policy after reports of fake job interviews." The article reported that "Wells Fargo . . . is pausing a hiring policy that requires recruiters to interview a diverse pool of candidates, after the New York Times reported such interviews were often fake and conducted even though the job had already been promised to someone else." The same article also reported that "[t]he bank also plans to conduct a review of its diverse slate guidelines, Chief Executive Officer Charles Scharf told staff on Monday, according to a memo seen by Reuters."
Then, on June 9, 2022, the New York Times published an article entitled "Federal Prosecutors Open Criminal Inquiry of Wells Fargo's Hiring Practices." The article reported that federal prosecutors are investigating whether Wells Fargo violated federal laws by conducting fake job interviews in order to meet the Company's Diverse Search Requirement. The article also revealed that, since the New York Times' May 19, 2022 article focusing on the bank's wealth management business, "another 10 current and former employees have shared stories about how they were subject to fake interviews, or conducted them, or saw paperwork documenting the practice", and that "sham interviews occurred across multiple business lines, including its mortgage servicing, home lending and retail banking operations."
That same day, Wells Fargo issued a press release entitled "Wells Fargo response to New York Times article", which confirmed that "[e]arlier this week, the [C]ompany temporarily paused the use of its diverse slate guidelines", and that, "[d]uring this pause, the [C]ompany is conducting a review so that hiring managers, senior leaders and recruiters fully understand how the guidelines should be implemented – and so we can have confidence that our guidelines live up to their promise."
Following these disclosures, Wells Fargo's common stock price fell $3.68 per share, or 8.62%, over the following two trading sessions, closing at $38.99 per share on June 13, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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https://www.wibw.com/prnewswire/2022/07/21/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-wells-fargo-amp-company-class-action-lawsuit-upcoming-deadline-wfc/
| 2022-07-21T22:06:31Z
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ATLANTA, June 28, 2022 /PRNewswire/ -- Modera Wealth Management, LLC is pleased to announce that Laurie Vitali has joined the firm as Chief People Officer and Chief Human Resources Officer.
"We are very excited to bring Laurie into our Modera family," said Tom Orecchio, Chief Executive Officer, Principal, and Wealth Manager at Modera Wealth Management, LLC. "Laurie and Modera are 100% aligned in our commitment to hire, develop, and retain exceptional talent across Modera. Laurie's deep talent management experience and her contagious positive energy will be instrumental in successfully leading these efforts for us."
For over two decades, Laurie has held key talent management leadership positions within the legal industry, with demonstrated success in developing and executing strategies to transform workplace performance. For the past 10 years as Director of Talent Management at Kilpatrick, Townsend & Stockton, LLP, Laurie's efforts focused on employee engagement, leadership development, business development training, and other people-centric functions across the global law firm.
"What excites me most about this new opportunity is that Modera employees already understand and buy into the competitive advantages of hiring and investing in a diverse workforce committed to providing exceptional client service," said Laurie Vitali. "Every person I have met at Modera is 100% focused on doing the right thing by both Modera and its clients. I look forward to helping lead the next chapter of Modera's growth through continued key-person hires and building and enhancing our HR infrastructure and talent management initiatives."
Laurie earned her law degree from The College of William and Mary Law School and her bachelor's degree in economics, graduating magna cum laude, from Boston University. In her spare time, she loves reading, spending time at the beach, and periodically traveling to Italy with her native-Italian husband and teenage daughter. Laurie and her family currently live in Acworth, Georgia along with their two ragdoll cats, appropriately named Cappuccino and Latte.
About Modera:
Modera Wealth Management, LLC (Modera) is a fee-only, independent financial planning firm that works with individuals, families, retirement plan sponsors, and non-profit institutions in the areas of portfolio management, retirement planning, estate planning, income tax planning, investment management, risk analysis, and stock option analysis.
As a fiduciary, Modera is required to provide objective counsel and a commitment to the highest level of ethics. Since the firm's inception in 1983, Modera has maintained a client-first philosophy. Modera was formed as a fee-only registered investment adviser which, at that time, was rare in the industry.
To learn more about Modera: www.moderawealth.com
Modera Wealth Management, LLC (Modera) is an SEC registered investment adviser with places of business in Massachusetts, New York, New Jersey, North Carolina, Pennsylvania, Georgia, and Florida. SEC registration does not imply any level of skill or training. Modera may only transact business in those states in which it is notice filed or qualifies for an exemption or exclusion from notice filing requirements. For information pertaining to our registration status, fees and services and/or a copy of our Form ADV, please contact Modera or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov). A full description of our business operations and service offerings is contained in our Disclosure Brochure which appears as Part 2A of Form ADV.
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https://www.wibw.com/prnewswire/2022/06/28/modera-wealth-management-welcomes-laurie-vitali-chief-people-officerchief-human-resources-officer/
| 2022-06-28T16:02:29Z
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PITTSBURGH, June 28, 2022 /PRNewswire/ -- "I suffered from scoliosis since age 11 and wrapping my back/waist helped me," said an inventor from Miami, Fla., "so I invented the BACK BUDDY to help people with spine conditions. This invention is to help children through back pain, lessen the chances of back pain getting worse, and help improve their posture and back support."
The patent-pending invention helps relieve pain associated with tight muscles from the brace's adjusting properties. This encourages the child to wear the brace consistently for better adherence to therapy and improved outcomes. The inventor feels that parents would find this helpful because it could save trips to the doctor. The BACK BUDDY is comfortable, easy to use and promotes a better night's sleep.
The original design was submitted to the Hollywood/Miami sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-HLW-1796, 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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https://www.wibw.com/prnewswire/2022/06/28/inventhelp-inventor-develops-an-enhanced-back-brace-scoliosis-hlw-1796/
| 2022-06-28T16:00:14Z
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Nobel Peace Prize-winning Russian newspaper editor Dmitry Muratov said he was attacked on a Russian train Thursday by an assailant who poured red paint over him, causing severe discomfort to his eyes.
Muratov told Novaya Gazeta Europe, a project launched by newspaper staff after the paper suspended operation last week under government pressure, that the assault occurred on a train heading from Moscow to Samara.
“My eyes are burning terribly,” Muratov was quoted as saying on Novaya Gazeta Europe’s Telegram channel. He said the assailant shouted: “Muratov, here’s one for our boys.”
The post showed photos of Muratov and a train compartment drenched in red liquid.
Novaya Gazeta, Russia’s leading independent newspaper, announced March 28 that it was suspending operations for the duration of what it referred to in quotation marks as “the special operation” in Ukraine, the term that Russian authorities insist media must use for the war in Ukraine.
The newspaper was the last major independent media outlet critical of President Vladimir Putin’s government after others either shut or had their websites blocked since Russia’s invasion of Ukraine began on Feb. 24.
The trigger for the shutdown was a second formal warning from the Russian media regulator Roskomnadzor, which has increasingly taken on the role of a censor in recent years, Novaya Gazeta had long had a difficult relationship with the government.
Longtime editor Muratov shared the 2021 Nobel Peace Prize with Maria Ressa, a journalist from the Philippines.
Exactly why Novaya Gazeta was warned remains unclear. Roskomnadzor told state news agency Tass that the newspaper had failed to identify an unnamed non-governmental organization as a “foreign agent” in its reporting, as required by Russian law. It didn’t specify the report in question.
Novaya Gazeta removed much of its war reporting from its website after Russian lawmakers passed a law March 4 threatening jail terms of up to 15 years for information deemed to be “fake” by Russian authorities. That can include any mention of Russian forces harming civilians or suffering losses on the battlefield.
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Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
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https://cw33.com/news/international/ap-international/russian-nobel-winning-editor-says-he-was-attacked-on-train/
| 2022-04-07T23:53:21Z
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More than 70 Chinese cities have been placed under full or partial Covid lockdowns since late August, impacting more than 300 million people, as local authorities rush to stamp out infections at all cost in the final countdown to leader Xi Jinping's expected third term.
Since August 20, at least 74 cities with a combined population of 313 million have imposed lockdowns that cover entire cities, districts or multiple neighborhoods, according to CNN's calculations. They include 15 provincial capitals and Tianjin, a provincial-level municipality.
Many of the restrictions are still in place. According to Chinese financial magazine Caixin, 33 cities are currently under partial or full lockdowns. Experts say more cities are likely to be added in the coming weeks.
The sweeping restrictions that upend lives and businesses stand in stark contrast with the return to normal life in much of the world, where societies have mostly pivoted to living with the virus.
But China insists that zero-Covid is saving lives. Health officials have cited the relatively low elderly vaccination rate and inadequate rural healthcare as hurdles to relaxing restrictions, but Chinese public health experts say political factors have played an outsized role, too.
Xi, a staunch advocate for the country's uncompromising zero-Covid strategy, is poised to be anointed as the country's top leader for another five years at the 20th Party Congress, scheduled to start on October 16.
The highly choreographed affair is meant to be a moment of celebration and vindication of the achievements of the Party -- and of Xi personally over his decade in power. And a severe outbreak risks undermining that triumphant image, experts say.
"The Party wants to make sure nothing untoward, such as a major outbreak, could potentially threaten social stability, shadow the leadership transition process -- and not to mention tarnish Xi's personal leadership credibility," said Yanzhong Huang, a senior fellow for global health at the Council on Foreign Relations.
The ruling Communist Party has used the zero-Covid strategy to argue that its political model is superior to Western democracies, and Xi has thrown his weight behind the policy.
Earlier this year, a painful two-month lockdown in Shanghai sparked a public backlash and crippled the economy, leading some to question the zero-tolerance approach. In response, Xi issued a strong warning against critics, vowing to "resolutely fight against any words and acts that distort, doubt or deny" his zero-Covid policy.
Officials across the country have taken note. The main lesson they learned from Shanghai, Huang said, is to act more decisively and immediately when facing even the smallest of potential outbreaks.
For local officials, doubling down on zero-Covid is a way to toe the Party line, demonstrate their loyalty to Xi, and prevent any large-scale outbreak that could jeopardize their career weeks before the Party congress.
"This provides a strong incentive for them to undertake heavy-handed, extreme preemptive measures," Huang said. "In the coming month and a half, we're going to see more cities under lockdown."
Sweeping lockdowns and rising discontent
The sweeping lockdowns -- sometimes in response to just a handful of cases -- have hit several metropolises home to more than 10 million people as well as major industry hubs.
In southwestern China, the mega city of Chengdu placed its 21 million residents under lockdown on Thursday. On Sunday, authorities extended the lockdown for most of the city and ordered more mass testing from Monday to Wednesday.
The city's digital system used to register Covid tests has crash repeatedly due to the sudden surge in entries, resulting in long lines at testing sites. Photos circulating on social media show health workers raising their arms and holding mobile phones up in the air -- in a futile attempt to receive better signals. Neusoft Corporation, the Chinese company providing the software, blamed the crashes on "network malfunction" in a statement released over the weekend.
On Sunday, a Chengdu mother said in a tearful video monologue that she lost her critically ill son after he was forcefully quarantined for a week and missed the crucial time window to treat his heart disease. CNN has been unable to interdependently verify her claims and the government has yet to respond, but the video went viral on social media, sparking widespread anger and sympathy.
The costs of zero-Covid have also played out in smaller cities or counties that received far less media or public attention.
Daqing, a city of 2.7 million residents known for its oil fields in northeastern Heilongjiang province, has also locked down major districts after reporting hundreds of cases last week.
The restrictions drew little attention until Friday, when Su Guangyu, a 27-year-old resident, posted online that his pregnant wife miscarried after being denied medical care due to the lockdown. Following an online outcry, Daqing authorities said in a statement Saturday they would "thoroughly investigate" the case.
In the western region of Xinjiang, some residents in Yining county have taken to social media to call for an end to the month-long lockdown, which has led to shortages of food and other daily necessities, according to their posts.
And in the central metropolis of Wuhan, the original epicenter of the pandemic that imposed the world's first Covid lockdown, residents in the Panlongcheng residential community staged a protest over the weekend, demanding authorities lift their week-long lockdown, according to social media footage.
While initially supportive of the zero-tolerance approach, a growing part of the Chinese public has become increasingly frustrated with the unending restrictions on their daily life, as well as the devastating blow to the economy.
But Huang at the Council on Foreign Relations said so far, the social discontent remains manageable for the state.
"It has not reached a tipping point yet. The majority of people are still swayed by the government narrative on the necessity of zero-Covid," he said, citing entrenched fears toward the virus and its long-term health impacts.
Huang said the 20th Party Congress could open up a "political window for a potential policy shift" away from zero-Covid, but any change is likely to come in an incremental approach.
"Expectations for a major policy shift after the congress could be wishful thinking," he said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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https://www.albanyherald.com/news/chinese-cities-rush-to-lockdown-in-show-of-loyalty-to-xis-zero-covid-strategy/article_ce87df24-6e66-562e-8465-b5feaec36c3b.html
| 2022-09-05T10:38:56Z
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Chris Sununu, the Republican governor of New Hampshire, said this at a Washington, D.C., dinner about the last Republican president: “The press often will ask me if I think Donald Trump is crazy. And I’ll say it this way: I don’t think he’s so crazy that you could put him in a mental institution. But I think if he were in one, he ain’t getting out.”
Sununu later said he was only joking, but he was clearly speaking what my dear wife Cokie would have called “vicious truths.” The mere fact that a sitting GOP governor would say such things about Trump reveals a basic fact about politics today. The former president remains the most powerful force in the Republican Party, but his strength is slipping; his flame is flickering.
Trump seems at times like one of those aging stars playing to gray-haired crowds in minor league arenas. He’s singing the same songs, his Golden Oldies, but the cheers echo with nostalgia for the past, not excitement for the future.
In a recent NBC poll, only 36% of Republicans described themselves as primarily Trump supporters, while 56% professed loyalty to the party. During the 2020 election, 53% had identified as Trumpists first. In a CBS survey, only 35% of Americans — Trump’s hardcore base — wanted him to run for president again.
“Things feel like they’ve been shifting,” Republican pollster Patrick Ruffini told The New York Times. Trump voters “are looking at alternatives,” and while they still feel “a strong attachment” to their hero, they are increasingly open to what Ruffini calls a “next-generation Trump candidate.”
Others are betting that Republicans would even consider a non-Trumpist candidate. Maryland’s popular moderate governor, Larry Hogan, is already plotting trips to early primary states and telling the Associated Press: “There is a large and growing lane of Republicans and Americans across the political spectrum who are fed up with toxic politics and want to move in a new direction.”
There are many factors behind the shift Ruffini discerns, but it starts with a sense of fatigue, a desire to forget the insanity and instability that dominated the Trump years. GOP pollster Kristen Soltis Anderson quotes a Republican voter named Barney who joined a focus group discussing Trump’s future. “His show’s over,” Barney concluded. “We need some new blood at the head of the country and different types of leaders. I mean, this divide among the parties is getting really crazy.”
The signs of discontent are sprouting up like spring flowers. During a Trump rally in rural Georgia last month, Greg Bluestein of the Atlanta Journal-Constitution tweeted, “This is the smallest crowd I’ve seen at a rally of his in Georgia since he won the 2016 election.” NPR reporter Stephen Fowler noted that the crowd was “not very enthusiastic” and kept “streaming out,” even as Trump was still speaking.
Then there is Truth Social, the new messaging app Trump created after he got kicked off Twitter and Facebook. Its launch has been marred by technical glitches, the departure of three key executives and waning public interest. “The app, which quickly became Apple’s top free app following its launch on the evening of Feb. 20, has since fallen to No. 84,” reports The Daily Dot.
Sure, Trump retains considerable clout in Republican primaries, but many of his endorsed candidates are faltering. Take Georgia, where Trump is trying to purge Gov. Brian Kemp for committing one unpardonable sin: He told the truth about Trump’s defeat in 2020. But Trump’s preferred candidate, former senator David Perdue, is trailing Kemp by 10 points, and Republican lawmaker Clint Dixon explained to the Times that Georgia voters “have turned the page on the election.”
Trump’s rivals also are emboldened by his mounting legal troubles and the growing possibility that he could be charged with several serious crimes before the next election. Federal District Judge David Carter wrote that “it is more likely than not” that Trump obstructed justice on Jan. 6, 2021. And while the judge cannot bring legal action against Trump, the Justice Department can, and its new budget includes $34 million to hire 80 attorneys to advance that investigation. Other prosecutors, from Atlanta to Albany, are also targeting Trump’s legal liabilities.
It’s not yet certain that the Trump show is over. He still has a lot of money and fervent support from his base. But as the old rocker belts out his Greatest Hits, the lights and the applause are starting to dim.
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https://www.albanyherald.com/opinion/steve-roberts-is-the-trump-show-nearing-its-end/article_841bd98c-b9c5-11ec-8113-d7e5c7f569a3.html
| 2022-04-12T17:25:52Z
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FORT WORTH (STACKER) — At $4.24 per gallon, the national average price of regular gasoline is up ten cents from one week ago, according to data from AAA. Diesel has also seen a meteoric rise in recent weeks, and as of May 5, the national average price was $5.47 per gallon.
Experts note that while gas prices have generally plateaued since March, diesel could continue to see dramatic price increases. Large sectors of the economy reliant on diesel, like the trucking and farming industries, are feeling the impacts most severely, but consumers will feel it too. Many of the items Americans purchase are freighted in diesel-powered vehicles somewhere along the supply chain.
Stacker compiled statistics on gas prices in Fort Worth-Arlington, TX metro area and created free-to-use gas price widgets for every metro area. Gas prices are current as of May 5. State gas tax data is from World Population Review. Three states—Connecticut, Georgia, and Maryland—have temporarily suspended gas taxes to defray costs for consumers while prices are up.
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Fort Worth by the numbers
– Current price: $3.96
— Texas average: $3.90
— Texas gas tax: $0.20 per gallon (#42 highest among all states)
– Week change: +$0.10 (+2.5%)
– Year change: +$1.33 (+50.2%)
– Historical expensive gas price: $4.07 (3/10/22)
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#2. Napa, CA: $5.93
#3. San Francisco, CA: $5.92
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States with the lowest gas tax per gallon
#1. Alaska: $0.0895
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#3. Virginia: $0.162
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https://cw33.com/news/local/how-gas-prices-have-changed-in-fort-worth-in-the-last-week-3/
| 2022-05-09T22:59:41Z
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Spain says masks no longer totally obligatory indoors
By CIARÁN GILES
Associated Press
MADRID (AP) — Spain is taking another step toward a sense of normality amid the pandemic by partially ending the near two-year-long obligatory use of masks indoors. A government decree taking effect Wednesday keeps masks still mandatory in medical centers and in all forms of public transport. It remains unclear what impact the decree will have on workplaces as the government says employers may keep the masks obligatory if there is a health risk. The government called for people to use masks when they are deemed necessary. Masks became obligatory shortly after the beginning of the COVID-19 pandemic in Spain early 2020. Their obligatory use outdoors was lifted in February.
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https://localnews8.com/news/ap-national-business/2022/04/20/spain-says-masks-no-longer-totally-obligatory-indoors/
| 2022-04-20T12:18:08Z
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Police: Pedestrian struck by multiple vehicles in fatal crash on I-35 was Olathe 15-year-old
Published: Jul. 8, 2022 at 4:17 PM CDT|Updated: 2 hours ago
KANSAS CITY, Mo. (KCTV) - The Olathe Police Department stated Friday afternoon the pedestrian who died earlier in the week after he was struck by multiple cars was a 15-year-old.
According to the police department, officers went to the area of northbound I-35, south of Santa Fe Street, at 9:16 p.m. on Wednesday after receiving a call about a fatal crash.
When officers arrived, they found a male pedestrian who had been struck by “multiple passing vehicles.”
The teen from Olathe was pronounced dead at the scene. A name has not been released.
Anyone with information regarding this investigation is asked to call the Olathe Police Department at (913) 971-6363 or the TIPS Hotline at (816) 474-8477.
Copyright 2022 KCTV. All rights reserved.
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https://www.wibw.com/2022/07/08/police-pedestrian-struck-by-multiple-vehicles-fatal-crash-i-35-was-olathe-15-year-old/
| 2022-07-08T23:37:12Z
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DALLAS (KDAF) — “We serve great food with a smile in an atmosphere that feels just like home,” that’s what you can expect at Lucky’s Cafe.
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For more information about Lucky’s Cafe, click here.
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Photography News: Panasonic has launched the Panasonic Lumix S 18mm f/1.8 lens that gives full-frame photographers an expansive ultra-wide-angle view of the world.
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- B&H is excited to announce that Panasonic has rounded out its L-mount family of f/1.8 prime lenses with the addition of the Panasonic Lumix S 18mm f/1.8 lens. This addition gives full-frame mirrorless camera photographers and videographers an ultra-wide-angle view of the world while allowing them to capture expansive landscapes and inject images and videos with a sense of vast scale.
The new ultra-wide-angle prime lens joins its Lumix S 24mm, 35mm, 50mm, and 85mm f/1.8 partners, completing an expansive focal length range from wide-angle to portrait-length telephoto. With a maximum aperture of f/1.8, photographers get serious light-gathering prowess without some of the weight and expense of larger f/1.4 or f/1.2 lenses. With these economics in mind, Panasonic has created this f/1.8 family of prime lenses that are designed to be compatible and virtually interchangeable—featuring identical front filter size, optical performance, and matching designs, as well as similar controls and an overall tactile feel between lenses. Due to the similar form factors, you can swap out these f/1.8 primes on a gimbal with minimal center of gravity shift adjustments needed.
The 18mm lens is designed to produce beautifully sharp images from corner to corner with its 13 lens elements in 12 groups. Three of the lenses are aspherical, three are UED (Ultra Extra-Low Dispersion) optics, and one UHR (Ultra High Refractive Index) lens suppress chromatic aberrations and help create beautiful bokeh. Minimum focus distance is 7.1".
Identical to the other Lumix f/1.8 lenses in the L-mount quiver, the autofocus system features internal focusing along with a linear motor to promote responsive and accurate focusing for both photography and video. Focus breathing is minimized, making the lens a good choice for video work that involves racking focus. Additionally, the manual focus control can be personalized to function in either nonlinear or linear operation, or when used with Lumix cameras, a set rotation angle can be used for improved tactile control and focus indexing. This, combined with a 9-bladed aperture featuring micro-step control for smooth exposure change, makes the lens perfectly suitable for professional quality video capture.
Lastly, the lens is dust and splash resistant and can operate in temperatures down to 14°F, making it ready for the field from the get-go.
Learn More with B&H Explora
As the world's largest source of photography, video, and audio equipment, as well as computers, drones, and home and portable entertainment, B&H is known worldwide for its attentive, knowledgeable sales force and excellent customer service, including fast, reliable shipping. B&H has been satisfying customers worldwide for over 45 years.
Visitors to the website can access a variety of educational videos and enlightening articles. The B&H YouTube Channel has an unmatched wealth of educational content. Our entertaining and informative videos feature product overviews from our in-house specialists. You can view the B&H Event Space presentations from many of the world's foremost experts and interviews with some of technology's most dynamic personalities. Tap into this exciting resource by subscribing to the B&H YouTube Channel here. In addition to videos, the B&H Explora blog presents new product announcements, gear reviews, helpful guides, and tech news written by product experts and industry professionals, as well as our award-winning podcasts.
When youre in Manhattan, take a tour of the B&H Photo SuperStore, located at 420 Ninth Avenue. The techno-carousel spins all year round at the counters and kiosks at B&H. With hundreds of products on display, the B&H Photo SuperStore is the place to test-drive and compare all the latest gear.
Contact Information
Henry Posner
B&H Photo Video
212-615-8820
https://www.bhphotovideo.com/
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SOURCE B&H Photo
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https://www.mysuncoast.com/prnewswire/2022/09/07/panasonic-launches-lumix-s-18mm-f18-lens-full-frame-l-mount-more-info-bamph/
| 2022-09-07T15:01:20Z
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The Amethyst, Pearl and Ammolite open for tours this weekend at Seasons at Montelena
RANCHO CORDOVA, Calif., June 13, 2022 /PRNewswire/ -- Richmond American Homes of California, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to announce that three brand-new, fully furnished model homes will open for tours this weekend at Seasons at Montelena (RichmondAmerican.com/SeasonsAtMontelena). This vibrant new Rancho Cordova neighborhood offers five thoughtfully designed ranch and two-story floor plans from the builder's popular Seasons™ Collection (RichmondAmerican.com/SeasonsSAC), designed to put homeownership within reach for a variety of buyers.
Model tours
Prospective homebuyers and local agents are encouraged to schedule a tour of the new Amethyst, Pearl and Ammolite model homes at Seasons at Montelena for Saturday, June 18, or Sunday, June 19. Visits can be booked by calling 916.472.7384 and making an appointment with a New Home Specialist.
More about Seasons at Montelena:
- New Seasons™ Collection homes from the $500s
- Five ranch and two-story plans with open layouts and designer details
- 2 to 6 bedrooms, approx. 1,400 to 3,040 sq. ft.
- Prime location near American River, Lake Natoma and Sacramento State Aquatic Center
- Close proximity to paved bike trails, historic sites, shopping, dining, wine tasting, entertainment and notable schools
- Amethyst, Pearl and Ammolite models opening this weekend!
Those who choose to build a new home from the ground up at Seasons at Montelena will have the opportunity to work with professional design consultants at the builder's Home Gallery™ to select colors, textures, finishes and fixtures for their new living spaces—a complimentary service!
Seasons at Montelena is located at 3908 Valance Way in Rancho Cordova. Call 916.472.7384 or visit RichmondAmerican.com for more information. View health and safety updates at RichmondAmerican.com/COVID-19.
About M.D.C. Holdings, Inc.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built more than 220,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.
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SOURCE M.D.C. Holdings, Inc.
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https://www.mysuncoast.com/prnewswire/2022/06/13/richmond-american-debuts-new-model-homes-rancho-cordova/
| 2022-06-13T22:08:10Z
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PITTSBURGH, Sept. 15, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of Aug. 31, 2022, is now available in the Products section of FederatedInvestors.com. To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedinv.com or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.
Federated Hermes, Inc. is a global leader in active, responsible investment management, with $631.9 billion in assets under management, as of June 30, 2022. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has nearly 2,000 employees in London, New York and offices worldwide. For more information, visit FederatedHermes.com .
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SOURCE Federated Hermes, Inc.
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https://www.kxii.com/prnewswire/2022/09/15/month-end-portfolio-data-now-available-federated-hermes-premier-municipal-income-fund/
| 2022-09-15T13:27:43Z
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Demand for grocery delivery cools as food costs rise
(AP) - Karen Raschke, a retired attorney in New York, started getting her groceries delivered early in the pandemic. Each delivery cost $30 in fees and tips, but it was worth it to avoid the store.
Then earlier this spring, Raschke learned her rent was increasing by $617 per month. Delivery was one of the first things she cut from her budget. Now, the 75-year-old walks four blocks to the grocery several times a week. She only uses delivery on rare occasions, like a recent heat wave.
“To do it every week is not sustainable,” she said.
Raschke isn’t alone. U.S. demand for grocery delivery is cooling as prices for food and other necessities rise. Some are shifting to pickup — a less expensive alternative where shoppers pull up curbside or go into the store to collect their already-bagged groceries — while others say they’re comfortable doing the shopping themselves.
Grocery delivery saw tremendous growth during the first year of the pandemic. In August 2019 — a typical pre-pandemic month — Americans spent $500 million on grocery delivery. By June 2020, it had ballooned to a $3.4 billion business, according to Brick Meets Click, a market research company.
Companies rushed to fill that demand. DoorDash and Uber Eats began offering grocery delivery. Kroger — the nation’s largest grocer — opened automated warehouses to fulfill delivery orders. Amazon opened a handful of Amazon Fresh groceries, which provide free delivery to Prime members. Hyper-fast grocery delivery companies like Jokr and Buyk expanded into U.S. cities.
But as the pandemic eased, demand softened. In June 2022, Americans spent $2.5 billion on grocery delivery — down 26% from 2020. For comparison, they spent $3.4 billion on grocery pickup, which saw demand drop 10.5% from its pandemic highs.
That’s causing some turmoil in the industry. Buyk filed for bankruptcy in March; Jokr pulled out of the U.S. in June. Instacart — the U.S. market leader in grocery delivery — slashed its own valuation by 40% to $24 billion in March ahead of a potential IPO. Kroger said its digital sales — which include pickup and delivery — dropped 6% in the first quarter of this year.
Some think delivery demand could drop further. Chase Design, a consulting firm, says its surveys show the number of U.S. shoppers who plan to use grocery delivery “all the time” has fallen by half since 2021.
Cost is the biggest reason. Peter Cloutier, the growth and commercial strategy lead at Chase Design, said it’s difficult to get groceries to a customer’s door for less than a $10 premium, which covers labor and transportation. Often, that cost is higher.
Consider a basket of eight staples from Target, including a gallon of milk, a dozen eggs and a pound of ground beef. In store, the order would ring up at $35.12. Target offers curbside pickup for free. Delivery costs $9.99, not including a tip.
DoorDash also offers delivery from Target, but it charges more for each item on its website. The cart rings up at $39.90 from DoorDash, which then adds $12.18 in taxes and delivery fees. If the consumer adds a $10 tip, that totals $62.08.
Both DoorDash and Target offer free delivery through subscriptions, but those come with a monthly or yearly fee.
The premiums are tough to swallow on top of skyrocketing food prices. In June, U.S. grocery food prices were up 12.2% over the last 12 months, the largest increase since April 1979, according to government data.
Cynthia Carrasco White, an attorney for a nonprofit in Los Angeles, got accustomed to grocery delivery during the pandemic. She still prefers it, since her youngest child isn’t fully vaccinated and it saves time.
But earlier this summer, as gas prices approached $7 and a box of strawberries neared $9, she got serious about cutting costs.
White now toggles between Instacart, Uber Eats, Walmart and others, using whichever has the best offers and coupons. She will sometimes spend two hours filling a delivery cart and then wait to see if more promotions are posted before she finishes her order. And she has cut back on the amount she tips drivers.
“The economy has definitely taken the wind out of our sails,” she said. “It’s just this endless pressure.”
Retailers are responding by varying delivery prices by time of day. On a recent morning, Walmart offered to deliver a $35 order within two hours for $17.95; that dropped to $7.95 if the order could be delivered between 3 p.m. and 4 p.m.
But cost isn’t the only reason some consumers are moving away from delivery. Cloutier says many customers are wary of the quality of items selected by workers.
“There’s a trust gap between what the shopper wants to get and what the retailer fulfills,” Cloutier said.
Delivery companies are trying to improve that. Last month, Uber Eats announced upgrades to its online grocery offering, including the ability for consumers to see the products as workers scan them.
But even that may not entice some shoppers.
Diane Kovacs, a college lecturer in Brunswick, Ohio, has been using curbside pickup for nearly a decade. It saves her money, she says, because she doesn’t get sucked into impulse buys inside the grocery.
She got her groceries delivered briefly during the pandemic and she didn’t mind paying $10 or $15 a week for the service. But she still prefers pickup. She likes driving her dogs to the store and chatting with the employees.
“I think that people are not using delivery because they want to get the heck out of the house,” she said.
True demand for grocery delivery is tough to calculate. Usage can swing wildly when COVID cases rise or companies offer discounts, said David Bishop, a partner at Brick Meets Click.
But he sees some patterns emerging. Households with young children and people with mobility issues are sticking with delivery. People over 60 have generally gone back to shopping in person.
Bishop says delivery saw five years of growth in the first three months of the pandemic, and demand is probably still elevated. Eventually, he expects delivery sales to settle into more regular growth of about 10% per year. But delivery won’t go away, he said.
“I don’t see it moving all the way back to pre-COVID levels. That can has been opened up,” he said.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/08/07/demand-grocery-delivery-cools-food-costs-rise/
| 2022-08-07T15:56:51Z
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Arkansas turning down remaining federal rental assistance
By ANDREW DeMILLO
Associated Press
LITTLE ROCK, Ark. (AP) — Arkansas is turning down most of the $146 million in federal pandemic rental assistance the state was set to receive. Republican Gov. Asa Hutchinson on Friday asked Treasury Secretary Janet Yellen that the state be allowed to instead use 39% of the funds, or about $60 million, for “housing stability” programs offered by nonprofit groups. Hutchinson cited the state’s low unemployment rate and economic climate. He said existing rental assistance programs could help instead. Hutchinson’s move follows a similar decision by Nebraska to decline the latest round of rental assistance.
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https://localnews8.com/news/2022/04/22/arkansas-turning-down-remaining-federal-rental-assistance/
| 2022-04-22T23:24:36Z
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CUMMING, Ga., May 26, 2022 /PRNewswire/ -- In 2021 our Legends 115 Wheated Bourbon won the Double Platinum award and was then voted Best in Category making it the Best Wheated Bourbon in the Country.
After the award show wrapped up, Ascot Award founder and highly praised competition judge, Fred Minnick, urged all his followers to seek Legends and this lead to the 115 Wheated Bourbon selling out at the distillery and multiple stores across Georgia.
This spring, Legends Distillery decided to enter our Vodka, 115 Wheated Bourbon and Single Barrel Bourbon into the 2022 Ascot Awards with the goal of retaining our title and the results were amazing. Our vodka received a Platinum award and both our 115 Wheated Bourbon and Single Barrel Bourbon received Double Platinum!
Now we wait to see if we go back to back with the Best in Category Award which will be in June but until then we are celebrating our Ascot Awards and are honored by the judges feedback.
Follow Legends Distillery on social media (Instagram, Facebook, Twitter) using @Legends_Spirits or visit our website at www.legendsdistillery.us and sign up for our updates.
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SOURCE Spirits of the USA
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https://www.mysuncoast.com/prnewswire/2022/05/27/legends-distillery-repeats-double-platinum-accolades-ascot-awards-second-year-running-making-it-42-awards-since-launch-back-2020-including-multiple-platinum-double-platinum-double-golds-most-recently-consumers-choice-award-2022-sip-awards/
| 2022-05-27T16:46:25Z
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