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Only 10% of vulnerabilities remediated each month; Only 60% of companies improving security postures; Nearly a quarter facing more than 1,000 vulnerabilities according to global study with The Cyentia Institute
NEW YORK, June 6, 2022 /PRNewswire/ -- New research from SecurityScorecard, the global leader in cybersecurity ratings, and The Cyentia Institute, an independent cybersecurity research firm, revealed only 60% of organizations have improved their security posture despite a 15-fold increase in cyber-attacks over the last three years. The joint research sought to measure the speed of vulnerability remediation from 2019 - 2022 and revealed only modest progress in the area of vulnerability remediation. The research found that 53% of the 1.6 million organizations assessed had at least one exposed vulnerability to the internet, while 22% of organizations amassed more than 1,000 vulnerabilities each, confirming more progress is required to protect organizations' critical assets.
"The speed of vulnerability remediation is a top indicator of an organization's cybersecurity health, and we are in a race to help these organizations shore up defenses and better assess the risks from the growing array of third-party software," said Aleksandr Yampolskiy, co-founder and CEO, SecurityScorecard. "This confirms that in today's rapidly evolving threat landscape, organizations must take swift action to reduce vulnerabilities faster. The time to act is now."
The findings are explained in SecurityScorecard's report, The Fast and Frivolous: Pacing Remediation of Web-Facing Vulnerabilities.
To measure the speed and progress of remediation, SecurityScorecard's research examined how quickly issues were addressed and how long they persisted across assets. The research showed the financial sector to be among the slowest remediation rates (median to fix 50% = 426 days), while utilities ranked among the fastest (median = 270 days). Somewhat surprisingly, despite a 15-fold increase in exploitation activity for vulnerabilities with published exploit code, there was little evidence that organizations in this sector fixed exploited flaws faster. Regardless of how many total vulnerabilities existed across their domain(s), organizations typically fixed about 10% of weaknesses each month.
"Vulnerabilities likely exist with vendors and service providers, which necessitates the need for continuous visibility into the entire ecosystem," said Wade Baker, partner and co-founder at the Cyentia Institute. "With greater visibility, organizations can prioritize risks and remediation based on data. This is key to effectively addressing cyber vulnerabilities."
The research shows the "Information" sector (62.6%) and "Public" sector (61.6%) had the highest prevalence of open vulnerabilities. The "Financial" sector (48.6%) exhibited the lowest proportion of open vulnerabilities; however, there is less than a 10% difference between this and other sectors in terms of industries with the most open vulnerabilities. The analysis revealed that it typically takes organizations 12 months to remediate half of the vulnerabilities in their internet-facing infrastructure. When firms have fewer than 10 open vulnerabilities, it can take about a month to close just half of them, but when the list grows into the hundreds, it takes up to a year to reach the halfway point.
SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. Additionally, SecurityScorecard Ratings with Attack Surface Intelligence provides visibility into IP, network, domain or vendor's attack surface risk data, all in one pane of glass. This actionable, deep threat intelligence helps customers identify all of an organization's connected assets, expose previously unknown threats, conduct investigations at scale and prioritize vendor remediation.
For more information on the SecurityScorecard cybersecurity ratings platform or to request a demo, visit www.securityscorecard.com.
Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating. For more information, visit securityscorecard.com or connect with us on LinkedIn.
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SOURCE Security Scorecard | https://www.kxii.com/prnewswire/2022/06/06/too-fast-too-frivolous-cyber-attacks-speed-ahead-by-15x-while-companies-stall-addressing-vulnerabilities-according-securityscorecard-research/ | 2022-06-06T14:30:58Z |
SANTA FE, N.M. (AP) — A film production company is contesting sanctions by New Mexico officials for alleged workplace safety violations on the set of “Rust,” where actor and producer Alec Baldwin fatally shot a cinematographer in October, according to filings posted Wednesday by state regulators.
Rust Movie Productions is challenging the basis of a $137,000 fine against the company by state occupational safety regulators who say production managers on the set of the Western film failed to follow standard industry protocols for firearms safety.
At a ranch on the outskirts of Santa Fe on Oct. 21, 2021, Baldwin was pointing a gun at cinematographer Halyna Hutchins inside a small church during setup for the filming of a scene when it went off, killing Hutchins and wounding the director, Joel Souza.
Baldwin said in a December interview with ABC News that he was pointing the gun at Hutchins at her instruction when it went off without his pulling the trigger.
“The law properly permits producers to delegate such critical functions as firearm safety to experts in that field and does not place such responsibility on producers whose expertise is in arranging financing and contracting for the logistics of filming,” Rust Movie Productions said in its filing. The company “did not ‘willfully’ violate any safety protocol, and in fact enforced all applicable safety protocols.”
In April, New Mexico’s Occupational Health and Safety Bureau imposed the maximum fine against Rust Movie Productions and distributed a scathing narrative of safety failures, including testimony that production managers took limited or no action to address two misfires of blank ammunition on set prior to the fatal shooting.
The bureau also documented gun safety complaints from crew members that went unheeded and said weapons specialists were not allowed to make decisions about additional safety training.
Rust Movie Productions responded in its filing by saying that misfires prior to the fatal shooting of Hutchins did not violate safety protocols and that “appropriate corrective actions were taken, including briefings of cast and crew.”
“In fact, a safety meeting was held the morning of the incident,” the company said, apparently referring to the shooting of Hutchins. The filing does not elaborate further.
Rust Movie Productions also is challenging allegations that film set armorer Hannah Gutierrez Reed was overburdened, asserting that she had sufficient time to properly inspect and safeguard all firearms and ammunition on set. The production company cites comments by a costume designer who said Reed had “plenty of time” to do her job properly.
State investigators say that Gutierrez Reed was limited to eight paid days as an armorer to oversee weapons and training, and was assigned otherwise to lighter duties as a props assistant. As her time as an armorer ran out, Gutierrez Reed warned a manager and was rebuffed.
The sheriff investigating the fatal film-set shooting has described disorganization and neglected safety measures in the making of the low-budget movie. Santa Fe County Sheriff Adan Mendoza has said he is waiting on a forensic analysis of the weapon, projectile, fingerprints and more from the FBI and state medical examiners before turning the case over to prosecutors to decide whether criminal charges will be filed.
State findings and sanctions against Rust Movie Productions hold implications for at least five lawsuits that have been filed over the shooting, including a wrongful death suit brought by Hutchins’ family against Baldwin and the movie’s other producers.
The lawsuit on behalf of widower Matt Hutchins and his 9-year-old son alleges a “callous” disregard in the face of safety complaints on the set.
The state fines would apply to a film with a budget of about $7 million. Baldwin was assigned a salary of $250,000 as an actor and producer and may have put some of that money back into the production.
Rust Movie Productions says in its filing that all personnel on set were instructed that they had authority to cease activities at any time until safety concerns were resolved, with film union stewards on site to ensure compliance with labor-union safety protocols. | https://cw33.com/entertainment-news/ap-entertainment/film-producers-defend-safety-in-alec-baldwin-shooting/ | 2022-05-11T21:19:16Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bed Bath & Beyond Inc. (NASDAQ: BBBY) resulting from allegations that Ryan Cohen, his investment firm RC Ventures LLC, and/or the Company may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased or sold Bed Bath & Beyond securities between August 15, 2022 and August 19, 2022, both dates inclusive, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=8240 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.
WHAT IS THIS ABOUT: On March 6, 2022, through his investment firm RC Ventures LLC, Ryan Cohen, the billionaire co-founder of Chewy Inc. who also serves as chairman of GameStop Corp., sent a letter to Bed Bath & Beyond's board which announced that he owned a 9.8% stake in Bed Bath & Beyond and in which he criticized the Company's management. On this news Bed Bath & Beyond stock to closed 34% higher on March 7, 2022 compared to its close on March 4, 2022, the previous trading day, on extremely heavy trading volume. On March 25, 2022, Bed Bath & Beyond added three new directors appointed by Ryan Cohen's investment firm, RC Ventures LLC.
On August 15, 2022, Ryan Cohen, through his investment firm RC Ventures LLC, announced in an SEC filing purchases of over one million January 2023 call options with exercise prices at $60, $75, and $80—significantly higher than Bed Bath & Beyond shares were trading. On this news, Bed Bath & Beyond stock to closed 29% higher on August 16, 2022 compared to its close on August 15, 2022, on extremely heavy trading volume.
Then, on August 18, 2022, Ryan Cohen, through his investment firm RC Ventures LLC, announced that he would sell his entire stake in Bed Bath & Beyond. Also on August 18, 2022, Bloomberg published an article entitled "Bed Bath & Beyond Taps Kirkland & Ellis for Help Addressing Debt Load" which revealed the Company hired a law firm for help with its debt. On this news, Bed Bath & Beyond shares fell $4.53 per share, or 19%, to close at $18.55 per share on August 18, 2022, on extremely heavy trading volume. Bed Bath & Beyond shares continued to drop on August 19, 2022, falling $7.52 per share, or 40%, from its August 18, 2022 close, to close at $11.03 per share, on extremely heavy trading volume.
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 litigate securities class actions. 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.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/09/06/rosen-global-investor-counsel-encourages-bed-bath-amp-beyond-inc-investors-inquire-about-securities-class-action-investigation-bbby/ | 2022-09-06T17:36:16Z |
SAN FRANCISCO, May 16, 2022 /PRNewswire/ -- GliderAI has hired staffing industry leader Nimitt Sharma as VP of Strategic Solutions. In his new role, he will assist with the overall product roadmap, which includes developing and selling newer product lines for Glider. With an 18-year progressive career in the talent services space, he most recently served as Head of Client Acquisition and Business Development at Pyramid Consulting.
In research conducted by SIA, data showed customers using Glider AI recruiting software observed a 2.8x greater confidence in their hiring decisions. Glider's transformative technology was a key reason Sharma decided to join Glider. He shares, "I see the staffing industry at the epicenter of societal change, leading us to a more just, diverse and inclusive workplace. Glider's technology helps remove bias and ambiguity from the hiring process and empowers enterprises to hire with confidence. For candidates, Glider AI serves as the accelerator and vehicle that connects the right skills to the right job regardless of background or formal credentials."
As the company continues its journey to transform the recruiting industry, Glider AI CEO, Satish Kumar, plans to leverage Sharma due to his long history of supporting enterprise contingent hiring programs and DE&I initiatives. "We're elated about Nimitt's decision to join the team. His experience is invaluable and a differentiator for our company."
In 2021, the company reported high growth and brought in industry veteran Ben Walker to lead Operations and Customer Success. Since then, the company has hired other notable staffing industry veterans, including Christina Hilton from Pontoon Solutions and Eric Messinger, with former roles at Allegis, TEKSystems, and Kelly Services.
About Glider AI
Glider AI Talent Quality Platform, 2021 SIA winner for most innovative HR technology, provides hiring solutions including virtual assessments, live coding/video interviews, recruitment automation and more to scale hiring quality talent for the Enterprise, Staffing Firms, and MSPs.
Global brands like Intuit, PwC, Amazon, Capital One, and FINRA trust Glider to validate candidate quality and fit across any role in any industry. On average, customers see a 3x placement rate, a 50% reduction in time-to-fill, and a 98% improvement in candidate satisfaction. For more information, visit Glider AI.
CONTACT: Joseph Cole, 415-272-2077, joseph.cole@glider.ai
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SOURCE Glider | https://www.mysuncoast.com/prnewswire/2022/05/16/staffing-leader-sia-40-under-40-nimitt-sharma-joins-glider-ai-lead-strategic-solutions/ | 2022-05-16T15:52:19Z |
WALNUT CREEK, Calif., Aug. 1, 2022 /PRNewswire/ -- Kisco Senior Living is pleased to announce the expansion of its senior lifestyle offerings with the addition of The Kensington at Walnut Creek to its portfolio, a senior living community located in Walnut Creek, CA, as of August 1, 2022. The Kensington will serve as Kisco's second community in Walnut Creek, along with sister community Byron Park. For over 30 years, Kisco Senior Living has specialized in owning, developing and managing five-star, full-service, senior living communities that provide exemplary service in safe, secure and friendly environments.
"We are pleased to add The Kensington to our portfolio as a senior living community," said Andy Kohlberg, president and CEO of Kisco Senior Living. "At Kisco we strive to provide our residents with an environment that exudes best-in-class standards all while providing a welcoming atmosphere. The Kensington is known for its reputation for excellence, and we could not be more excited about how this addition will further enable Kisco to serve the Walnut Creek community."
Well known in the local community, The Kensington offers 184 spacious one- and two-bedroom floorplans for assisted living and memory care residences, each complete with their own outdoor space providing residents a magnificent view of the redwood trees surrounding the property. The community's amenities and services, such as lushly landscaped courtyards, walking paths and a putting green, gives residents the ability to enjoy their lives and daily activities on their own terms. Residents are regularly seen on their way to a variety of robust programming that includes exercise classes, community outings, live entertainment and much more. The community's dining program, which uses only the freshest ingredients, rivals Walnut Creek's finest restaurants.
The Kensington affords residents all the comforts of home, as it is conveniently located in a residential neighborhood on the border of Walnut Creek and Pleasant Hill. The community's ideal location allows residents easy access to a hub of culture, shopping and dining experiences. With a vast array of activities and proximity to the greater Walnut Creek community, The Kensington is the ideal place to make new friends, learn something new and pursue one's passions.
"At Kisco we believe in the importance of providing experiences that empower our residents to do what they love most," said Kohlberg. "Our aim is to give our residents a variety of opportunities to pursue their passions and purpose, all while surrounded by a vibrant environment. We are proud to introduce the Kisco philosophy and lifestyle to the associates, residents and families of The Kensington at Walnut Creek."
ABOUT THE KENSINGTON AT WALNUT CREEK
Situated on 6 acres in Walnut Creek, The Kensington at Walnut Creek has served Walnut Creek seniors for 34 years with a reputation for excellence and person-centered care. With 184 spacious one- and two-bedroom floor plans for assisted living and memory care residences, the community enables a place for residents to age in place regardless of a change in healthcare needs. As a fully licensed assisted living community, The Kensington provides residents and their families with peace of mind, instilled by an atmosphere of loyalty and compassion. For more information, please call (925) 722-5030 or visit TheKensingtonatWalnutCreek.com.
ABOUT KISCO SENIOR LIVING
Kisco Senior Living, based in Carlsbad, California, operates 22 full service senior living communities in six states offering independent living, assisted living and in some locations, memory care and skilled nursing. For more than 30 years, Kisco Senior Living has specialized in developing and managing full-service senior living communities with a portfolio featuring a wide spectrum of individualized services and lifestyle options. Our unique approach and philosophy, called Kisco Confidence, is centered on giving residents and associates peace of mind knowing that our communities deliver on safety and security, trust and transparency, health and wellbeing and a 5-star lifestyle experience. For more information, please call (760) 804-5900 or go to kiscoseniorliving.com.
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SOURCE Kisco Senior Living | https://www.wibw.com/prnewswire/2022/08/01/kisco-senior-living-announces-addition-kensington-walnut-creek-walnut-creek-california/ | 2022-08-01T20:58:03Z |
DUBLIN , July 27, 2022 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO), a leading provider of Consumer Self-Care Products, today announced that it will release its second quarter 2022 financial results on Tuesday, August 9, 2022. The Company will also host a conference call beginning at 8:30 A.M. (EDT).
The conference call will be available live via webcast to interested parties in the investor relations section of the Perrigo website at http://perrigo.investorroom.com/events-webcasts or by phone at 888-317-6003, International 412-317-6061, and reference ID # 4031017. A taped replay of the call will be available beginning at approximately 12:00 P.M. (EDT) Tuesday, August 9, until midnight Tuesday, August 16, 2022. To listen to the replay, dial 877-344-7529, International 412-317-0088, and use access code 3460338.
Perrigo Company plc (NYSE; PRGO) is a leading provider of Consumer Self-Care Products and over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed. Visit Perrigo online at www.perrigo.com.
Certain statements in this press release are "forward-looking statements." These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "would," "should," "expect," "forecast," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential" or the negative of those terms or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control, including: the effect of the coronavirus (COVID-19) pandemic and its variants and associated supply chain impacts on the Company's business; general economic, credit, and market conditions; the impact of the war in Ukraine and any escalation thereof, including the effects of economic and political sanctions imposed by the United States, United Kingdom, European Union, and other countries related thereto; the outbreak or escalation of conflict in other regions where we do business; future impairment charges; customer acceptance of new products; competition from other industry participants, some of whom have greater marketing resources or larger market shares in certain product categories than the Company does; pricing pressures from customers and consumers; resolution of uncertain tax positions, including the Company's appeal of the draft and final Notices of Proposed Assessment ("NOPAs") issued by the U.S. Internal Revenue Service and the impact that an adverse result in any such proceedings would have on operating results, cash flows, and liquidity; pending and potential third-party claims and litigation, including litigation relating to the Company's restatement of previously-filed financial information and litigation relating to uncertain tax positions, including the NOPAs; potential impacts of ongoing or future government investigations and regulatory initiatives; uncertainty regarding anticipated regulatory approvals; potential costs and reputational impact of product recalls or sales halts; the impact of tax reform legislation and/or changes in healthcare policy; the timing, amount and cost of any share repurchases; fluctuations in currency exchange rates and interest rates; the Company's ability to achieve the benefits expected from the sale of its Rx business and the risk that potential costs or liabilities incurred or retained in connection with the transaction may exceed the Company's estimates or adversely affect the Company's business or operations; the Company's ability to achieve the benefits expected from the acquisition of HRA Pharma and the risks that the Company's synergy estimates are inaccurate or that the Company faces higher than anticipated integration or other costs in connection with the acquisition; risks associated with the integration of HRA Pharma, including the risk that growth rates are adversely affected by any delay in the integration of sales and distribution networks; the consummation and success of other announced and unannounced acquisitions or dispositions, and the Company's ability to realize the desired benefits thereof; and the Company's ability to execute and achieve the desired benefits of announced cost-reduction efforts and strategic and other initiatives, including the Company's ability to achieve the expected benefits from its supply chain reinvention program. An adverse result with respect to the Company's appeal of any material outstanding tax assessments or pending litigation, including securities or drug pricing matters, could ultimately require the use of corporate assets to pay such assessments, damages from third-party claims, and related interest and/or penalties, and any such use of corporate assets would limit the assets available for other corporate purposes. There can be no assurance that the FDA will approve the sale of daily oral contraceptives without a prescription in the United States. These and other important factors, including those discussed under "Risk Factors" in the Company's Form 10-K for the year ended December 31, 2021, as well as the Company's subsequent filings with the United States Securities and Exchange Commission, may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements in this press release are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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SOURCE Perrigo Company plc | https://www.kxii.com/prnewswire/2022/07/27/perrigo-release-second-quarter-2022-financial-results-august-9-2022/ | 2022-07-27T12:42:03Z |
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VTYX, ATER, ADTX, RMED, and SPPI.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- VTYX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=VTYX&prnumber=091220221
- ATER: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ATER&prnumber=091220221
- ADTX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ADTX&prnumber=091220221
- RMED: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RMED&prnumber=091220221
- SPPI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SPPI&prnumber=091220221
(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 | https://www.kxii.com/prnewswire/2022/09/12/thinking-about-buying-stock-ventyx-biosciences-aterian-aditxt-ra-medical-systems-or-spectrum-pharmaceuticals/ | 2022-09-12T13:53:19Z |
JACKSON, Mich., April 12, 2022 /PRNewswire/ -- CMS Energy announced today it will provide 2022 first quarter results along with a business and financial outlook at 9:00 a.m. EDT on Tuesday, May 3, 2022.
A webcast of the presentation will be available on CMS Energy's website, cmsenergy.com. An audio replay will be available approximately three hours after the webcast and will be archived for 30 days on CMS Energy's website in the "Investor Relations" section.
CMS Energy (NYSE: CMS) is a Michigan-based energy company featuring Consumers Energy as its primary business. It also owns and operates independent power generation businesses.
For more information on CMS Energy, please visit our website at cmsenergy.com. To sign up for email alert notifications, please visit the Investor Relations section of our website.
Check out Consumers Energy on Social Media
Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy
Instagram: https://www.instagram.com/consumersenergy
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SOURCE CMS Energy | https://www.kxii.com/prnewswire/2022/04/12/cms-energy-announce-2022-first-quarter-results-may-3/ | 2022-04-12T21:12:52Z |
In partnership with Getty Images, Popsync enables rapid image search, organization and curation to accelerate creative processes
REDWOOD CITY, Calif., July 14, 2022 /PRNewswire/ -- Bluescape today announced the launch of Popsync, a collaborative image search and curation experience that allows users to create with free and premium images from across the web within their Bluescape workspace. In one search, anyone can quickly view multiple libraries at once, including exclusive agency partnerships with Getty Images, iStock and Unsplash, along with Google Images and more, combining speed and creativity like never before.
"We are constantly striving to make our content more accessible to our customers where and when they need it and are thrilled to team up with Bluescape to provide creatives with a seamless and fast way to collaborate using visuals," said Peter Orlowsky, Senior Vice President of Strategic Development for Getty Images. "Popsync is a powerful way to search that brings millions of our premium images directly into a Bluescape customer's hands, helping them to explore ideas faster than ever before."
"Images are the universal language, and Popsync represents a new frontier in image search," said Peter Jackson, CEO of Bluescape. "Gone are the days of searching for images in a dozen different places. With Popsync, you only search once, and your results are immediately available to share or use in a Bluescape workspace."
Popsync takes advantage of Bluescape's visual collaboration capabilities, allowing content creators, designers, educators and more to search for the right picture and share a wide variety of content for collaboration. Once the results are presented in Bluescape, individuals and teams can collectively move, annotate, and present the visuals for anything from brainstorms to creative reviews.
Whether it's an artist creating mood boards or an advertising team searching for the perfect picture for a logo, teams can quickly find and discuss the content they need for the job. Bluescape presents illustrations, photos, and videos all in pixel-perfect detail, making it a favorite for creative teams.
"Popsync does in seconds what used to take days," says Zak Noyle, Co-Founder and Creative Director at creative agency Eleven 17. "We build a lot of storyboards for clients and spend hours scouring the internet for high-quality photography. It's a pain in the neck, usually, to find the exact lighting or scene I have in my mind. Popsync opens a whole new world. Searching for images this way and seeing all our options in one collaborative space will simplify the entire workflow."
Popsync is now available to try today at https://www.popsync.io.
Media Contact: Peyton Francum, Peyton.Francum@RuderFinn.com
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SOURCE Bluescape Software | https://www.mysuncoast.com/prnewswire/2022/07/14/bluescape-launches-popsync-collaborative-image-search-experience/ | 2022-07-14T13:40:56Z |
NEW YORK, May 18, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided $30 million for the acquisition of an apartment complex in Phoenix, Arizona.
The Madison Grove Apartments is a 171-unit multifamily complex located in the North Phoenix area, located between Piestewa Peak Park and Scottsdale. The residences are within convenient walking distance to restaurants, shopping and parks and the complex features numerous on-site amenities.
The borrower is an affiliate of Brass Enterprises, a privately held real estate investment company focused on the acquisition, management, and operation of multi-family real estate in select markets throughout the U.S.
"Demand is strong for rental housing in the Phoenix market and this property is uniquely well-positioned to offer attractive opportunities for residents," said Aryeh Berger, COO of Brass Enterprises. "We appreciated CIT's expertise and agility in arranging financing for this acquisition."
"Brass Enterprises is well-known as a smart and experienced operator and investor in multi-family properties," said Chris Niederpruem, managing director and group head for CIT Real Estate Finance. "We were pleased to arrange this acquisition financing on their behalf and look forward to potential new opportunities to support their investments in the future."
CIT's Real Estate Finance business originates and underwrites senior secured real estate transactions. With deep market expertise, underwriting experience and industry relationships, the group provides financing for single properties, property portfolios and loan portfolios.
About CIT
CIT is a division of First Citizens Bank, the largest family-controlled bank in the United States, continuing a unique legacy of strength, stability and long-term thinking that has spanned generations. Parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $100 billion in assets. The company's commercial banking segment brings a wide array of best-in-class lending, leasing and banking services to middle-market companies and small businesses from coast to coast. First Citizens also operates a nationwide direct bank and a network of more than 600 branches in 22 states, many in high-growth markets. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. Discover more at cit.com/firstcitizens.
MEDIA RELATIONS:
John M. Moran
212-461-5507
john.moran2@firstcitizens.com
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SOURCE CIT, a division of First Citizens Bank | https://www.kxii.com/prnewswire/2022/05/18/cit-provides-30-million-acquisition-apartment-complex-arizona/ | 2022-05-18T13:43:31Z |
- Ringier AG's investment values LiveScore Group's gaming and media business at £500 million
- New strategic partnership unites two of the most exciting players in global sports media
- Ringier continues to strengthen its sports growth strategy via its new dedicated sports vertical Ringier Sports Media Group
- LiveScore Group is home to LiveScore, LiveScore Bet and Virgin Bet, three pioneering brands within the sports and gaming industries
LONDON and ZURICH, Sept. 7, 2022 /PRNewswire/ -- LiveScore Group and Ringier AG have today announced a landmark strategic partnership, with the Swiss-based media and technology company making a substantial investment in LiveScore Group's rapidly growing sports media and gaming business.
The deal will fuel the expansion of the industry-disrupting business which incorporates leading brands LiveScore, LiveScore Bet and Virgin Bet. LiveScore Group is a rapidly scaling business, which has made significant share gains in highly competitive markets. This has been achieved through leveraging its differentiated customer acquisition funnel with bespoke gaming integrations across its LiveScore assets.
As the latest evolution within one of Europe's pre-eminent media businesses, the recently created Ringier Sports Media Group division boasts a thriving portfolio of innovative businesses which are changing the way global audiences interact and engage with sport. The new strategic investment in LiveScore Group will specifically accelerate growth across key Central and Eastern European territories, a notable strength of Ringier's sports media assets.
Following the investment, Stilian Shishkov will join the Supervisory Board of LiveScore Group. Shishkov is currently Senior Partner of the Ringier Sports Media Group, as well as founder and CEO of Ringier`s Sportal Media Group in Bulgaria.
The significant new investment comes after three-years of eye-catching performance for LiveScore Group, founded in 2019 by former Gamesys Chairman and co-founder Noel Hayden, and led by industry veteran Sam Sadi.
Sam Sadi, CEO LiveScore Group: "This is a hugely significant day for LiveScore Group, as we take a significant step forward following a £50 million strategic investment from Ringier which values our business at £500 million. Ringier, with its Sports Media Group, is the perfect partner as we look to accelerate our expansion into Central and Eastern European territories, given their outstanding expertise, assets and relationships."
Noel Hayden, Executive Chairman LiveScore Group Board: "I'm excited to see two of the most innovative sport and media businesses form a game-changing new relationship. This is a breakthrough moment which will allow LiveScore Group to maximise strategic opportunities together with Ringier, and to deliver better experiences and value for sports fans around the world."
Marc Walder, CEO Ringier AG: "From delivering real-time sports scores and free-to-air live streams to millions of global users, to offering the most innovative and trusted sportsbook betting opportunities, LiveScore Group has demonstrated it is already a true industry leader and will be a fantastic business partner for Ringier. Together, we aim to enhance, and increase the enjoyment of sport, through innovative products, and immersive experiences under the operational lead of the Ringier Sports Media Group. With LiveScore Group's support we will better understand the way people feel about sport and what it means to them. Our vision is to fuel the fans' passion for sport."
Robin Lingg, Chairman of the Ringier Sports Media Group Supervisory Board: "Sports media is THE place where sports audiences, athletes and advertisers meet. Within its three-month existence, Ringier Sports Media Group has very purposefully put into practice its founding promise, to unite leading digital sports media brands under its umbrella. The participation in LiveScore Group is another decisive step to develop innovative products based on common technologies in the future and to benefit from the exchange of know-how. That a leading business such as LiveScore Group has agreed to work closely with us in strategic partnership is truly a tribute to our vision of sports media at Ringier."
The Ringier Sports Media Group includes the sports brands of Sportal Media Group and Digital Ventures OOD in Bulgaria, Gazeta Sporturilor in Romania, Sportal.rs in Serbia and Pulse in Africa. The group`s portfolio is set to grow strongly in the coming months through mergers and acquisitions as well as newly launched products.
Moelis & Company LLC acted as financial advisor and CMS acted as legal advisor to LiveScore Group. DLA Piper acted as legal advisor and KPMG as financial advisor to Ringier AG.
About LiveScore Group
LiveScore Group is home to LiveScore, LiveScore Bet and Virgin Bet, three of the most exciting brands in the sports and gaming industries today. The Group was demerged from the Gamesys group of companies (now part of Bally's Corporation) in September 2019. LiveScore was previously acquired in 2017 as a means of moving into the sports media industry, while Virgin Bet was launched in 2019 following a partnership with Virgin to enter the sports betting market. Today, LiveScore Groups sits within the Anzo Group of companies.
Whether it is LiveScore delivering real-time sports scores or free-to-air live streams to its users across 200 territories, or LiveScore Bet and Virgin Bet offering innovative and trusted sportsbook betting opportunities, we bring our audiences closer than ever to the sports they love with our best-in-class products.
- About LiveScore
An early pioneer in the online sports media space, LiveScore™️ was founded in 1998 and is one of the world's leading sports updates and streaming services. Following its acquisition in 2017, the LiveScore business was subsequently demerged into the Anzo Group in 2019. With millions of global users across over 200 territories, it's long been an essential part of the match-day experience for football fans who rely on the service to provide the simplest, fastest, and most reliable updates on matches that matter to them.
- About LiveScore Bet
LiveScore Bet™, is a sportsbook offering customers in the UK, Ireland, and Netherlands a new and improved betting experience. Building on the existing user relationship with the trusted LiveScore brand that is already a core part of the live sport experience, LiveScore Bet seeks to deliver a best-in-class product and represents a new opportunity for customers to bet responsibly.
- About Virgin Bet
Virgin Bet™ was launched in the UK in May 2019. With access to a huge range of betting markets across all the top sports, as well as the nation's most popular casino products, Virgin Bet delivers a top-quality experience for its customers and has the perfect line-up to disrupt the sportsbook industry. VIRGIN and the Virgin Signature Logo are trademarks of Virgin Enterprises Limited and are used under licence.
About Ringier
Ringier is a Media- and Technology Company Swiss by nature. The Group includes over 130 companies operating numerous leading media brands, digital platforms, and marketplaces. Ringier addresses every walk of life and touches the lives of millions of people – every day around the globe in 19 countries. 73 percent of operating profit comes from the digital sector. This puts Ringier in the group of leading European media companies. The family-owned enterprise believes in entrepreneurship, collaboration, innovation, trust and courage for nearly 190 years. In a world that's becoming ever more complex and challenging, Ringier`s mission is to keep interest alive and to ensure that customers, users, or readers never lose sight of what connects them: We create interest in the world around you – and beyond. www.ringier.com
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SOURCE LiveScore Group | https://www.wibw.com/prnewswire/2022/09/07/livescore-group-accelerate-global-expansion-following-50-million-strategic-investment-ringier-ag/ | 2022-09-07T07:28:52Z |
A man fatally shot his infant daughter before killing himself in Georgia on Sunday morning after kidnapping the baby from her mother, according to police.
Darian Bennett also shot and killed the baby's mother and injured the baby's grandmother by gunfire at their home in Covington on Saturday night, Sergeant Jack Redlinger from the Newton Sheriff's office told CNN. The Georgia Bureau of Investigation (GBI) identified the infant as Jaquari Bennett. Authorities have not yet identified the baby's mother or grandmother.
Covington police received a 911 call shortly before 11:30 p.m. on Saturday about an individual who was shot in the area, Redlinger said, and officers encountered two unidentified juveniles, ages 11 and 12, once they arrived at the location.
When the officers entered the home, they found a woman's deceased body and an older woman with multiple gunshot wounds. The older woman was taken to the Atlanta Medical Center by helicopter and is in critical condition, Redlinger said.
The two women who were found at the Covington home were later identified as Jaquari's mother and grandmother, according to Redlinger.
"Darian Bennett was the one that shot the baby's mother and took the baby with him and left the scene," he added.
An Amber Alert was issued by GBI on behalf of the Newton County Sheriff's office for the missing toddler.
On Sunday morning, Riverdale police received a call from a man saying he was going to take his own life, Redlinger said.
"Officers were able to track where the call came from and located a vehicle in the parking lot of a church and began searching for the man when they heard gunshots coming from the church," he added.
Officers went on to search the gazebo area of the church in Riverdale, Redlinger said, and found the man -- later identified as Bennett -- and Jaquari both deceased from gunshot wounds.
The GBI also confirmed the deaths of Bennett and Jaquari in a post on their Facebook page.
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accounts, the history behind an article. | https://www.albanyherald.com/news/georgia-man-kills-daughter-then-himself-after-fatally-shooting-babys-mother-and-injuring-grandmother/article_608cfe8e-0164-5687-b51a-ae13280604b2.html | 2022-06-12T20:35:19Z |
The award-winning property management arm of development powerhouse Related Group manages over 120 properties across 75 U.S. markets
MIAMI, July 13, 2022 /PRNewswire/ -- TRG Management – the industry leading property management arm of leading developer Related Group (Related) – is now offering its best-in-class services to owners outside of the Related portfolio. Founded in 1984, TRG Management's expansion into third-party management services will allow the firm to address the increased demand for exceptional multifamily housing through the delivery of thoughtful, people-focused property management services needed to cultivate thriving communities.
"With an unprecedented need for multi-unit housing across every market in the U.S., expanding our property management offerings to the industry at-large is the natural progression of our long-term growth strategy," said Doreen Jaworski, Co-President of TRG Management. "Every member of our team prides themselves in building communities everyone can feel proud to call home and we look forward to bringing our innovative, flexible and purposeful solutions to even more communities across the country."
For nearly 40 years, TRG Management has provided bespoke property management services for Related Group-developed luxury, workforce, affordable and single-family housing communities. The firm offers a full suite of management services including property operations, asset repositioning and management, construction management, IT services and more. Their current portfolio is comprised of over 100 properties housing over 20,000 residences within high-rise, mid-rise, garden style and mixed-use communities.
"TRG Management's 360-degree approach goes far beyond typical property management services; we create experiences and foster diverse, thriving communities," said Marilyn Pascual, Co-President of TRG Management. "Our proven track record of successfully managing housing for many different types of income levels and populations that preserve the culture of their respective regions makes us well positioned to expand our portfolio."
Managed by more than 450 team members, TRG Management's current portfolio includes properties in 75 sub-markets such as Virginia, North Carolina, Georgia, Florida, Texas and Arizona.
To learn more about TRG Management and their property management solutions, visit trgmanagementcompany.com.
Established in 1984, TRG Management is a premier property management company based in South Florida founded on thoughtful urban planning, provocative design and inspirational art. A subsidiary of Related Group, Florida's leading developer of sophisticated metropolitan living and one of the country's largest real estate conglomerates, TRG Management manages approximately 20,000 units across several states and with a portfolio of over 100 properties. Their expertise serves housing of all types, including subsidized, workforce and affordable, mid-rises, high-rises, luxury rentals and single-family.
Established in 1979, Related Group is Florida's leading developer of sophisticated metropolitan living and one of the country's largest real estate conglomerates. Since its inception, the privately held company has built, rehabilitated and managed over 100,000 condominium, rental and commercial units. The firm is one of the largest Hispanic-owned businesses in the United States with a development portfolio in excess of $40 billion over 40+ years.
Related Group has earned international status for its visionary designs and development of luxury condominiums, market-rate rentals, mixed-use centers and affordable properties – often in emerging neighborhoods that impact the lives of all demographics. Related Group has redefined real estate by diversifying both its products and buyers, expanding internationally while also sponsoring public art installations that enhance cities' global culture and streetscapes. Currently, Related Group has 90+ projects in varying phases of development.
Contact:
Lennie Gomez
Lennie.gomez@rbbcommunications.com
(305) 409-7291
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SOURCE TRG Management Company | https://www.kxii.com/prnewswire/2022/07/13/trg-management-launches-third-party-management-business-brings-best-in-class-services-national-real-estate-industry/ | 2022-07-13T20:43:58Z |
Bill Murray on Saturday acknowledged that his behavior on set led to a complaint from a woman and the suspension of filming on his latest movie.
The actor and comedian, in his first comments about the shutdown of “Being Mortal,” described the incident as a “difference of opinion” but declined to provide specifics on what transpired, or who it involved.
“I did something I thought was funny and it wasn’t taken that way,” he told CNBC during an interview at the annual shareholders meeting for Berkshire Hathaway. “The movie studio wanted to do the right thing so they wanted to check it all out, investigate it and so they stopped the production.”
Murray said he and the unnamed woman are talking it through and “trying to make peace with each other.” He didn’t say when or if production would resume and whether he’d continue to take part in the film.
“We’re both professionals,” Murray said of the woman. “We like each other’s work. We like each other I think and if you can’t really get along and trust each other, there’s no point in going further working together or making a movie as well.”
The 71-year-old “Ghostbusters” and “Caddyshack” comedian suggested the changing nature of what’s considered appropriate humor was a factor.
“It’s been quite an education for me,” he said. “The world is different than it was when I was a little kid. What I always thought was funny as a little kid isn’t necessarily the same as what’s funny now. Things change and the times change so it’s important for me to figure it out.”
Murray added: “I think it’s a sad dog that can’t learn anymore. I don’t want to be that sad dog and I have no intention of it.”
Searchlight Pictures has confirmed production was suspended but has so far declined to elaborate, citing the ongoing inquiry. The entertainment website Deadline reports the complaint against Murray was filed earlier this month and production was halted last week.
“Being Mortal” stars Murray, Seth Rogen, Keke Palmer and Aziz Ansari, who is writing, directing and producing the movie.
Production started in Los Angeles in March and the film was slated to be released in theaters next year. The film is based on surgeon and author Dr. Atul Gawande’s 2014 non-fiction book on end-of-life care, “Being Mortal: Medicine and What Matters in the End.” | https://cw33.com/entertainment-news/ap-entertainment/bill-murray-says-his-behavior-led-to-complaint-films-pause/ | 2022-05-01T14:59:12Z |
UserWay's accessibility technologies and AI-powered solution now available to federal, state and local government agencies
WILMINGTON, Del. , Aug. 3, 2022 /PRNewswire/ -- UserWay, the leading digital accessibility company, is partnering with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, to make federal, state and local government agency websites more accessible for people with disabilities. Under the agreement, Carahsoft will serve as UserWay's Master Government Aggregator®, making UserWay's technologies and AI-powered accessibility solution available to the public sector through Carahsoft's reseller partner network, NASA Solutions for Enterprise-Wide Procurement (SEWP) V and National Association of State Procurement Officials (NASPO) ValuePoint contracts.
"Public sector agencies need a simple accessibility solution for their websites and other digital assets that won't break their budgets," said Allon Mason, CEO of UserWay. "Our AI-powered solution is easy to install and immediately begins making sites more compliant with WCAG standards and ADA requirements."
Creating and maintaining websites that meet accessibility standards is important for government agencies at all levels. Unfortunately, many struggle to keep up with digital accessibility requirements, leaving them vulnerable to lawsuits.
To address this problem for the public sector, UserWay partnered with Carahsoft to include its services into Carahsoft's Customer Experience and Engagement portfolio. This will enable Carahsoft's dedicated Solutions Divisions to proactively market UserWay technologies to government agencies as well as educational and healthcare organizations.
"UserWay's privacy protections, affordability and high-quality are just a few of the major advantages of its robust digital accessibility services," said Tiffany Goddard, Sales Director for Customer Experience and Engagement Solutions at Carahsoft. "We look forward to working with UserWay and our reseller partners to help agencies better manage accessibility for their websites and other digital assets."
UserWay solutions do not require website visitors to disclose if they have a disability or label them as having one through tracking techniques like cookies. UserWay also does not collect or store any user data, and maintains the strictest compliance levels within WCAG, ADA, GDPR, UNRUH, EN 301 549, COPPA, and HIPAA regulations.
UserWay offers more than 80 accessibility functions and supports more than 40 languages. A website can begin to be substantially more compliant within minutes of the UserWay widget being installed. All website visitors can access the widget through a button in the corner of the browser window, and it adds customizations that include a dyslexia-friendly font, bigger font sizes, a screen reader, and the ability to pause animations.
UserWay's digital accessibility solution is available through Carahsoft's SEWP V contracts NNG15SC03B and NNG15SC27B and NASPO ValuePoint Master Agreement #AR2472. For more information, contact the UserWay team at Carahsoft at (703) 673-3570 or UserWay@carahsoft.com.
Carahsoft's Customer Experience and Engagement solutions encompass a variety of industry-leading software and services that analyze and disseminate information to constituents, the public, and the community. To learn more about Carahsoft's Customer Experience and Engagement solutions, visit www.carahsoft.com/solve/customer-experience-and-engagement.
About UserWay
UserWay is the #1 global digital accessibility solution leader, committed to enabling the fundamental human right of digital accessibility for everyone. UserWay radically simplifies a website's ability to become fully accessible and ADA compliant. The UserWay widget has been installed on more than 1 million websites and is relied on by more than 60 million users with disabilities. With UserWay's CaaS (Compliance as a Service) technology that includes human-in-the-loop interventions, website owners can quickly reach compliance with WCAG 2.1, ADA, ATAG 2.0, EN 301-549 and Section 508 regulations, as required by US and international governmental and regulatory bodies.
About Carahsoft
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles.
Media Contact:
Jill Burkes
jill@now-you.co.il
Mary Lange
703-230-7434
pr@carahsoft.com
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SOURCE UserWay | https://www.kxii.com/prnewswire/2022/08/03/userway-partners-with-carahsoft-improve-government-website-accessibility/ | 2022-08-03T13:50:11Z |
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un attended a massive civilian parade in the capital, Pyongyang, celebrating a milestone birth anniversary of his state-founding grandfather in which thousands marched in a choreographed display of loyalty to the Kim family, state media said Saturday.
The reports didn’t mention any speech or comments made by Kim during Friday’s event and it appeared the country passed its biggest holiday without showcasing its military hardware, amid heightened tensions over its nuclear program.
Commercial satellite images in recent weeks have indicated preparations for a large military parade in Pyongyang, which could take place on the April 25 founding anniversary of North Korea’s army and display the most advanced weapons in Kim’s nuclear arsenal, such as intercontinental ballistic missiles.
There’s also expectation that Pyongyang will further escalate its weapons testing in the coming weeks or months, possibly including a resumption of nuclear explosive tests or test-flying missiles over Japan, as it attempts to force a response from the Biden administration while it’s preoccupied with Russia’s invasion of Ukraine and a rivalry with China.
State media images showed Kim waving from a balcony looking over Kim Il Sung Square, which is named after his grandfather, as huge columns of people carrying red plastic flowers and floats with political slogans marched below.
Ri Il Hwan, a member of the ruling Workers’ Party Politburo, issued a call for loyalty, saying in a speech that North Koreans will “always emerge victorious” under Kim’s guidance. It appeared Kim didn’t deliver a speech and state media didn’t mention any comments regarding the United States or rival South Korea.
The parade came hours before thousands of young people performed a mass dance in the square as fireworks launched from a nearby riverbank lit up the night sky.
Kim Il Sung’s birthday is the most important national holiday in North Korea, where the Kim family has ruled under a strong personality cult since the nation’s founding in 1948. This week’s celebrations marking the 110th anniversary of his birth came as his grandson revives nuclear brinkmanship aimed at forcing the United States to accept the idea of North Korea as a nuclear power and remove crippling economic sanctions.
North Korea has opened 2022 with a slew of weapons tests, including its first flight test of an ICBM since 2017. South Korea’s military has also detected signs that North Korea is rebuilding tunnels at a nuclear testing ground it partially dismantled weeks before Kim’s first summit with then-U.S. President Donald Trump in June 2018.
Kim Jong Un’s defiant displays of his military might are also likely motivated by domestic politics, experts say, as he doesn’t otherwise have significant accomplishments to trumpet to his people after a decade in power.
His stated goals of simultaneously developing nuclear weapons and bringing economic prosperity to his impoverished populace derailed after the collapse of his second summit with Trump in 2019, when the Americans rejected North Korea’s demands for major sanctions relief in exchange for a limited surrender of its nuclear capabilities. The COVID-19 pandemic unleashed further shock on his broken economy, forcing him to acknowledge last year that the North was facing its “worst-ever situation.”
Sung Kim, the top U.S. official on North Korea, is scheduled to visit South Korea next week for talks on the international community’s response to the North’s recent missile tests.
North Korea has recently resumed its trademark harsh rhetoric against its rivals. One of its international affairs commentators labeled U.S. President Joe Biden as “an old man in senility,” while Kim’s powerful sister, Kim Yo Jong, called South Korea’s defense minister “a scum-like guy” and threatened to annihilate South Korea with nuclear strikes.
“Kim Jong Un’s stated goal of deploying tactical nuclear weapons, Kim Yo Jong’s recent threats toward Seoul and satellite imagery of tunneling activity at Punggye-ri all point to an upcoming nuclear test,” said Leif-Eric Easley, a professor of international studies at Ewha Womans University in Seoul. “Additional missile launches are also expected for honing weapons delivery systems.” | https://cw33.com/news/international/ap-international/north-koreas-kim-attends-parade-honoring-grandfather/ | 2022-04-17T00:54:02Z |
BEIJING, June 5, 2022 /PRNewswire/ -- The International Finance Forum (IFF) will start accepting applications for the annual IFF Global Green Finance Award, from June 5, which is also the World Environment Day.
Echoing the theme of World Environment Day ,"Only One Earth", which stresses on the need to change through policy changes and our choices to live in harmony with nature in a sustainable way, the IFF Global Green Finance Award is targeting applicants offering green financial solutions that promote the transformation of economic growth modes, contribute to pollution prevention and control and address climate change, as well as improve energy efficiency, energy conservation and emission reductions. This year's award is a global call for innovations and application practices in policy, system, industry, services, technology and talent building.
The Earth is our only home, and we must protect its limited resources. Unsustainable consumption and production are contributing to climate change, natural degradation and biodiversity loss, as well as pollution and waste crisis. All of these issues intersect and overlap, seriously jeopardizing the future of the planet.
Natural resources are the basis for most goods, services and facilities, and the foundation that supports our economy. However, the linear "take-make-dispose" model is driving the global economy while consuming vast amounts of natural resources. Nature is in the "emergency mode" and we have little time left.
To limit global warming to 1.5°C this century, we must ensure that annual global greenhouse gas emissions are cut in half by 2030. However, due to the ongoing impact of the COVID-19 pandemic over the past three years and the recent intense geopolitical turmoil in the world, economies around the globe are sliding to the brink of economic and energy crises. We must take urgent action to address the looming crisis. However, all these require strong financial support.
Faced with the dual challenges of climate change and global economic crisis, green finance has become strong tool that countries around the world are striving to promote. Many pioneering practices and attempts have been made in terms of policies, systems, industries, and human resources development. It is crucial to promote these successful best practices globally and accelerate the popularization of green finance in order to promote green growth and sustainable development.
The IFF Global Green Finance Award was launched by the IFF in 2020, and is judged by a panel of 25 globally influential and authoritative financial leaders and elites from the financial and environmental sectors. In 2022, the award will include 10 Innovation Awards for innovative projects and 10 Annual Awards for institutions.
Annual Awards for Institutions are granted to institutions that have made outstanding contributions to global, regional or national sustainable development through green finance practices, including achieving carbon peak and carbon neutrality, addressing climate change and biodiversity conservation. The green finance business of the institutions must be sustainable and profitable.
Innovation Awards for Innovative Projects are granted to projects that demonstrate significant innovation in the field of green finance, in particular those that have made significant contributions to achieving carbon peak and carbon neutrality, addressing climate change and promoting biodiversity conservation.
Any institution that carries out activities which foster green finance development and produce real benefits are eligible to apply for the Awards, including public, private and non-profit organizations.
"Finance is a resilient and effective tool to foster sustainable development, and green finance is going to play an increasingly important role. The winners of 'the IFF Global Green Finance Innovation Award' are pioneers, initiators and advocators of green and low-carbon industries. They guide the flow of green investments to the sustainable development sector," said Han Seung-soo, chairman of the Jury Committee, IFF co-chairman, the 56th president of UN General Assembly and former prime minister of Republic of Korea.
"'The IFF Global Green Finance Innovation Award' will continue to push forward the development of green finance and support a sustainable world with shared benefits for the mankind."
The IFF has been highly praised by the United Nations and several international organizations and widely recognized for its important role in promoting the practice of green and sustainable development by financial institutions. In the annual reports and CSR reports disclosed by Chinese financial institutions in 2022, Bank of China, China Securities, Postal Savings Bank of China, Industrial and Commercial Bank of China, Bank of Qingdao, Industrial Bank and Huaxia Bank, among others, have announced the award to the public as an important achievement in strictly fulfilling their social responsibility and vigorously developing green finance. In addition to promoting the practice of green finance by financial institutions, the IFF Global Green Finance Award also plays an active role in helping local governments to implement the dual carbon goals.
The International Finance Forum (IFF) is an independent, non-profit, non-governmental international organization founded in Beijing in October 2003, and established by financial leaders from G20 countries, emerging markets and international organizations including China, the United States, the European Union and the United Nations, the World Bank and the IMF. IFF is a long-standing, high-level platform for dialogue and communication, as well as a research network in the financial realm, and has been upgraded to F20 (Finance 20) status.
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SOURCE International Finance Forum (IFF) | https://www.kxii.com/prnewswire/2022/06/05/iff-kicks-off-annual-green-finance-award-selection-world-environment-day/ | 2022-06-05T13:59:56Z |
HOHENWALD, Tenn., Aug. 12, 2022 /PRNewswire/ -- Today, the U.S. Postal Service celebrated the majestic, playful, and highly intelligent elephant with a first-day-of-issue stamp ceremony at The Elephant Discovery Center.
"We love elephants because of their physical characteristics, social intelligence, capacity for empathy, self-awareness, teamwork and because they share so many of our own best qualities," said Jeffery Adams, USPS corporate communications vice president, who served as the dedicating official. "What a pleasure it is to honor these magnificent creatures on World Elephant Day with a beautiful Forever stamp."
Joining Adams for the ceremony were master of ceremonies Vicki Yates, Channel 5 Nashville News anchor; Todd Montgomery, senior manager of external relations of The Elephant Sanctuary, the organization that oversees The Elephant Discovery Center; Dan Ashe, president and chief executive officer of the Association of Zoos and Aquariums; Richard Rhonda, board chair of The Elephant Sanctuary; Breanne Black, coordinator of community outreach and engagement for Working Dogs for Conservation; and Crystal Nash, director of the Lewis County Public Library and Archives.
"The Elephant Sanctuary in Tennessee has provided refuge and lifetime care for captive elephants for 27 years. The release of the Elephants Forever stamp offers an exciting opportunity to highlight the importance of elephants as a keystone species and to help spread awareness of the challenges they face in captivity and the wild," said Janice Zeitlin, chief executive officer of The Elephant Sanctuary. "We are thrilled to be hosting the U.S. Postal Service, and special guest speakers for the dedication ceremony at The Elephant Discover Center in downtown Hohenwald."
The stamp's fanciful, digital illustration of an elephant and its young calf depicts the affectionate nature of the beloved animals. Two stylized plants and a bright orange sun add whimsy and color to this lighthearted stamp. In the upper left-hand corner, the word "Forever" is in black, and the letters "USA" are in gray. The booklet cover includes a detail of the adult elephant, with a green plant and orange sun to the left. The title "Elephants" is in a black serif font. Artis Rafael López created the original art and designed the stamp. Derry Noyes was the art director.
The Elephants stamp is being issued as a Forever stamp in booklets of 20. News of the Elephants stamps are being shared with the hashtag #ElephantsStamps.
Background on Elephants in America
Americans have been intrigued by elephants since the first one arrived on our shores in 1796.
What is it about elephants that make people love them? The flapping ears and the mouth seemingly curved into a smile are charming, of course, but it is more than that. We seem to see ourselves in them: Their social complexity and expansive emotional range reflect those of humans. They practice teamwork, demonstrate the capacity for empathy and grief, and establish lifelong bonds of family. Herds are organized into complex matriarchal societies; calves are raised and mentored by the entire herd.
America's feelings toward elephants have evolved since the 18th-century introduction. The relationship was hard on elephants. While Americans loved the floppy-eared giants, they were not always conscientious in providing care and nurturing for the emotional and sensitive creatures. However, changing attitudes in the United States have increased the awareness of conditions for captive elephants, enabled legislation to ban ivory importation and encouraged conservation efforts for elephants in the wild.
These cute, fun stamps celebrate the affection and ever-evolving connection between humans and elephants.
Postal Products
Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide.
Forever stamps will always be equal in value to the current First-Class Mail 1-ounce price.
A video of the ceremony will be available on facebook.com/usps. Information for ordering first-day-of-issue postmarks and covers is at usps.com/shop.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
Please Note: For U.S. Postal Service media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Follow us on Twitter, Instagram, Pinterest and LinkedIn. Subscribe to the USPS YouTube channel, like us on Facebook and enjoy our Postal Posts blog. For more information about the Postal Service, visit usps.com and facts.usps.com.
Contact: Felicia Lott
felicia.m.lott@usps.gov
usps.com/news
Local: Sherwin Salla
sherwin.s.salla@usps.gov
usps.com/news
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SOURCE U.S. Postal Service | https://www.mysuncoast.com/prnewswire/2022/08/12/elephants-star-forever-stamps-world-elephant-day/ | 2022-08-12T17:44:20Z |
PITTSBURGH, July 6, 2022 /PRNewswire/ -- Schneider Downs, one of the 60 largest certified public accounting and business advisory firms in the United States, is proud to announce the addition of five new shareholders, as well as one new partner, to its affiliate, Schneider Downs Wealth Management Advisors, LP.
"We are thrilled to add these new members to our leadership team. At Schneider Downs, we are committed to the professional development of our people, so it is especially rewarding when we can draw from existing talent to expand our ownership group," says Christopher S. McElroy, Co-CEO of Schneider Downs. "We have watched these talented individuals grow throughout their years with us, and we are confident that each of them will advance the future of our firm and community in their new roles. What is particularly exciting is that these leaders join 7 new shareholders and partners from last year–as well as the recent additions of 3 lateral shareholder hires–to bring our new leader total to 15 in just the past two years. Growth creates opportunities."
The new promotions reach across several areas of the firm's service offerings, including the firm's tax, audit and consulting practices, as well as the growing wealth management practice.
Included among those promoted to Shareholder at Schneider Downs are:
David J. Mitros joined the firm in 2019. He has 14 years of experience working with national and regional firms, providing tax services to a variety of manufacturing, construction and real estate clients. David has a focus on privately held organizations, working with management, owners and other stakeholders to identify and achieve tax related objectives. With Schneider Downs, he has frequently been a valuable resource, assisting the firm's clients in significant M&A activity by leading transaction structuring negotiations. He is a graduate of Miami University and a member of both the American Institutes of Certified Public Accountants and the Ohio Society of Public Accountants.
Patricia R. Giudici joined the firm in 2016, following 12 years working for a regional and national firm. She has experience serving a diverse group of privately owned companies within the technology, distribution and logistics, manufacturing, real-estate and employee benefit plan industries, including significant experience working with start-up, private equity and venture capital backed companies. She is a graduate of Clarion University and is a member of the American and Pennsylvania Institutes of Certified Public Accountants. Patricia leads the firm's Employee Benefit Plan Group. She is also a board member of Bethlehem Haven, an advisory council member for Standing Firm, a member of the planning committee for the St. Jude Gala, and a member of the Women's Executive Board for the Pittsburgh Chapter of ACG.
Carley R. Taslov began her career at Schneider Downs in 2009 after graduation from Washington & Jefferson College. She specializes in helping clients identify, assess and manage risks through internal audit and risk management services. She delivers additional value to organizations in a variety of ways, including business process optimization and digital transformation. Carley's expertise spans multiple industries and her contributions to the firm have come from within the Risk Advisory Services and External Audit departments.
She is a member of the Pennsylvania Institute of Certified Public Accounts (PICPA) and the Institute of Internal Auditors (IIA), as well as a board member for Lending Hearts, a Pittsburgh-based not-for-profit.
Eric M. Fair joined Schneider Downs in 2011 and has 11 years of experience leading teams and clients collaboratively through IT governance, risk & compliance initiatives, including but not limited to IT internal audit co-sourcing and outsourcing, SSAE 18, business continuity, disaster recovery, data privacy and cybersecurity consulting. Eric holds an M.S. in Internet Information Systems from Robert Morris University, a B.S. in Information Systems Management from Robert Morris University and an M.S. in Accounting from Liberty University. He currently serves on a local advisory board and as a co-chair to a local chapter dedicated to the industry. He has previously served on a local non-profit board and continues to participate in the mentorship program for his alma mater. Eric is one of only 95 active Certified Business Continuity Lead Auditors (CBCLA) globally and is also a Certified Information Systems Auditor (CISA).
Derek J. Eichelberger has been with Schneider Downs Wealth Management Advisors, LP (SDWMA) since 2015 and serves as the practice's Managing Partner. He advises high net-worth individuals, foundations, endowments and retirement plans. He is a graduate of Penn State University and received a Master of Business Administration from the University of Pittsburgh.
Schneider Downs Wealth Management Advisors, LP (SDWMA) also announced the promotion of a team member to the role of partner:
Michael J. Bucci has been with Schneider Downs for 12 years and currently leads the Investment Advisory practice for the SD Retirement Solutions division of Schneider Downs Wealth Management Advisors. He is a graduate of East Carolina University and a Certified Investment Management Analyst®
Schneider Downs is a top 60 independent Certified Public Accounting (CPA) firm providing accounting, tax, audit and business consulting services to public and private companies, not-for-profit organizations and global companies. The firm offers Risk Advisory; Technology Consulting; Software Solutions; Personal Financial Services; Retirement Plan Solutions and Corporate Finance Services. Schneider Downs serves individuals and companies in Pennsylvania (PA), Ohio (OH), West Virginia (WV), New York (NY), Maryland (MD), and additional states in the United States with offices in Pittsburgh, PA, Columbus, OH and Washington D.C.
Schneider Downs Wealth Management, LP ("SD Wealth Management" or "SDWMA") is an SEC Registered Investment Advisor specializing in the Investment Management and Financial Planning Services for Individual Investors; Investment Management and Investment Committee Services for Institutions and Non-Profits; and Corporate Solutions and ERISA Fiduciary Services. Registration with the SEC does not imply any level of skill or training.
Contact: Alicia Furlan
afurlan@schneiderdowns.com
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SOURCE Schneider Downs | https://www.kxii.com/prnewswire/2022/07/06/schneider-downs-announces-six-new-members-ownership-group/ | 2022-07-06T18:05:33Z |
Chicory's Annual Recipe Usage Report Highlights At-Home Cooking Trends Amid Inflation
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- Chicory, the leading contextual commerce advertising platform, today released findings from its Annual Recipe Usage Report. The report, which features results from a survey of over 2,000 U.S. consumers, provides insight into how grocery shoppers are using digital recipes amid inflation and accelerated digital adoption.
"This year, double the number of respondents said they are using recipes daily," says Chicory CEO and Co-Founder Yuni Sameshima. "During this period of inflation, as consumers cook at home more, digital recipes are proving to be a powerful tool for the home cook and for brands looking to reach shoppers in moments of inspiration."
Key findings detailed in the official report include:
The Majority of Consumers Use Digital Recipes
Nearly all respondents, or 89%, reported using digital recipes, indicating that recipes are a widely accepted meal-planning tool. Reaffirming this conclusion, the gender gap in digital recipe usage has halved since 2020. Further, each age group surveyed, 18-29, 30-44, 45-60 and 60-85, has a recipe usage rate that exceeds 80%.
Digital Recipe Usage is Increasing Amid Inflation
Daily recipe usage doubled year-over-year, according to respondents. This may be a response to inflation: 43% said that cooking from home more due to inflation has inspired them to use digital recipes. As consumers cook more meals at home, they are seeking out ways to simplify the meal planning and preparation process. Nearly 40% of respondents reported that they use recipes to save time planning meals, grocery shopping or cooking.
Recipes are the Top Driver of New Product Trial
Recipes attract high-intent shoppers. When asked "What inspires you to try a new grocery product?", 60% of respondents said it's because the product is called for in a recipe they plan to cook. Respondents also selected organic search as the most common mechanism for recipe discovery. This suggests that many recipe users have a particular goal, or meal, in mind before landing on the recipe page.
The report, which features insights from a leading CPG brand and recipe publisher, also reveals year-over-year trends and the top drivers of digital recipe usage. To read the entire report, please download it here: Chicory's Annual Recipe Usage Report 2022.
Survey Methodology
Chicory surveyed 2,126 American consumers, ages 18-85, on June 27, 2022. To complete the survey, 1,890 respondents qualified as digital recipe users. The margin of error is +/- 2.3%.
About Chicory
Chicory, the leading contextual commerce advertising platform, transforms recipe content into commerce media. The platform powers a network of recipe publishers and retailers that CPG brands use to reach 110 million high-intent grocery shoppers each month. Chicory's contextual advertising and shoppable recipe solutions can be found on over 5,200 websites including Taste of Home, The Kitchn, LandOLakes.com and thousands of food blogs. Sites enabled with Chicory's technology take grocery shoppers from inspiration to checkout in just a few clicks, driving products to cart for 60+ leading retailers.
Contact:
Madeline Lenahan
PR Manager
pr@chicory.co
(917) 463-3434
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SOURCE Chicory | https://www.wibw.com/prnewswire/2022/08/09/chicory-survey-2x-more-respondents-rely-recipes-daily/ | 2022-08-09T17:23:10Z |
MUIRFIELD, Scotland (AP) — Playing in borrowed clothes doesn’t seem to bother Jessica Korda at the Women’s British Open.
Still waiting for her suitcase to arrive in Muirfield, Korda recovered from an early bogey to shoot a 5-under 66 in the first round Thursday, putting her one shot behind leader Hinako Shibuno of Japan.
Korda made four birdies and an eagle on the 17th despite missing her normal clothes after her luggage got stuck at an airport in Switzerland.
“If anyone knows anyone at the Zurich airport that would like to put my suitcase on the one flight a day that they have coming into Edinburgh, I’d deeply appreciate it,” Korda said. “I know where it is, I have an air tag on it. I can’t get anyone to actually go get it. … Monday I wore Megan Khang’s pants. Tuesday, I wore my sister’s pants and Wednesday I wore Alison Lee’s pants. Today I’m wearing FootJoy pants.”
Shibuno, the 2019 champion, made birdies on the first three holes and went on to card eight in total in her 65. Scotland’s Louise Duncan and Mexico’s Gabby Lopez were tied for third, two shots back.
“It has been a long time since I’ve played this well, especially putting. Honestly it was a little frightening,” Shibuno said through an interpreter. “I haven’t changed much. My caddie told me that my body balance was off when I was missing putts. Once I focused on this, I could play much better.”
Nelly Korda, Jessica’s sister, was tied for 13th after shooting a 70.
Catriona Matthew, also a former Women’s British Open champion and two-time winning captain in the Solheim Cup, was selected to hit the opening tee shot Thursday after growing up close to Muirfield, which is hosting the event for the first time. It was only six years ago that Muirfield didn’t allow women to even set foot in the clubhouse.
Matthew struggled to a 5-over 76, making double bogeys on the first and 10th and failing to make a single birdie.
“Being the first women’s pro event to be played here, it’s great, and me being local it was a huge honor to hit the first tee shot,” Matthew said. “Apart from the two doubles I actually played quite well. It’s a little frustrating.”
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/in-borrowed-clothes-korda-makes-strong-start-at-muirfield/ | 2022-08-05T13:20:15Z |
NEW YORK, May 26, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of International Business Machines Corporation (NYSE: IBM) between April 4, 2017 and October 20, 2021, inclusive (the "Class Period"), of the important June 6, 2022 lead plaintiff deadline.
SO WHAT: If you purchased IBM 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 IBM class action, go to https://rosenlegal.com/submit-form/?case_id=5104 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 June 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Strategic Imperatives Revenue and growth, CAMSS (the sectors of "Cloud," "Analytics," "Mobile," "Security," and "Social") and CAMSS Components' revenue and growth, and the Company's Segments' revenue and growth were artificially inflated as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives Revenue; (2) IBM's present success and positive future growth prospects concerning its Strategic Imperative business strategy were being fueled by the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperative Revenue; (3) as a result of the foregoing, defendants misled the market by portraying IBM's Strategic Imperative's financial performance and future prospects more favorable than they actually were as a result of the fraudulent scheme and/or the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives; and (4) Total Revenue and IBM's Segments' revenue and growth were artificially inflated as a result of the fraudulent scheme and/or the wrongful reclassification of revenues from non-strategic to strategic and/or the wrongful recognition of revenue. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the IBM class action, go to https://rosenlegal.com/submit-form/?case_id=5104 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/05/27/rosen-leading-investor-counsel-encourages-international-business-machines-corporation-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-ibm/ | 2022-05-27T11:17:08Z |
HOUSTON, Sept. 8, 2022 /PRNewswire/ -- The Great Place to Work Institute® has ranked Venterra in the #12 spot on their first-ever Best Workplaces in Real Estate recognition, as published by FORTUNE©.
Given that the recognition is the first of its kind from the institute, and that Best Workplaces in Real Estate organizations were selected based on an analysis of survey responses from more than 23,000 team members from Great Place to Work-Certified™ companies in the real estate industry, the award is particularly meaningful. Meeting The Great Place to Work Institute's® "Certified" standard is an honorable distinction on its own, but Venterra's most recent team member survey revealed that the majority, 92% of colleagues, feel Venterra is a great place to work. A number 35% higher than the average U.S. company, this positive feedback provided Venterra the opportunity to be considered for this selective recognition.
Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience regardless of race, gender, age, disability status, or any other individual employee aspect or role.
"We're honored to have been named on Great Place to Work's first-ever real estate recognition alongside such reputable leaders in the industry," said Venterra CEO, John Foresi. "Direct feedback from our colleagues and residents continues to be the driver behind our initiatives and innovations, allowing us to make changes when our customers need them most. That, coupled with the care our teams deliver, differentiates us in the space and continues to be noticed outside of the organization."
"The way that our team members embody our Core Values and Employer Promises has resulted in countless amazing experiences for our residents and colleagues portfolio-wide. We are humbled to have colleagues who take pride in their communities, who are validated when their properties are highly rated by current and previous renters, and who strive to create a positive experience for those who choose to call Venterra home. This unique company culture has ultimately led to Venterra being worthy of recognitions like this one," said Venterra Chairman, Andrew Stewart.
"These companies have adapted to the challenges of an ever-changing workplace by their commitment to inclusive, high-trust cultures where employees are treated as human beings first and foremost," says Michael C. Bush, CEO of Great Place to Work. "Congratulations to the Best Workplaces in Real Estate."
The Great Place to Work® Institute has recognized our workplace culture numerous times in the past. In addition to the Best Workplaces in Real Estate award, we've ranked on lists including Best Workplaces for Millennials, Best Workplaces for Women, Best Workplaces for Diversity, Best Workplaces in Canada, Best Workplaces for Today's Youth in Canada, and Best Workplaces in Texas. Take a moment to explore our previous awards and find out more about our latest Great Place to Work® survey results from our company profile.
Founded in 2001, Venterra Realty owns and manages 75 communities and more than 22,000 apartment units across 17 US cities that provide housing to over 39,000 people and 12,000 pets. The organization has completed approximately $8.7 billion in real estate transactions and currently manages a portfolio of multi-family real estate assets valued at over $4.7 billion. Venterra is committed to improving the lives of its residents by delivering industry-leading customer experience. Find out more about Venterra Realty and its award-winning company culture at Venterra.com.
Media Contact:
Allie Foard
Communications Manager & Brand Specialist
Venterramedia@venterraliving.com
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SOURCE Venterra Realty | https://www.kxii.com/prnewswire/2022/09/08/venterra-named-one-best-workplaces-real-estate-by-great-place-work/ | 2022-09-08T16:51:40Z |
Web3 is coming—here’s what you should know
JLStock // Shutterstock
Web3 is coming—here’s what you should know
Web3 will bring down Big Tech.
Web3 is too good to be true.
Web3 is just a new name for the same old thing.
Web3 is simultaneously any, all, or none of these things. At its core, Web3 is the next iteration of the world wide web—an aspirational view of what the internet could be if it weren’t so entwined with monopolistic companies like Google, Amazon, and Meta that dominate our online lives. For proponents of Web3, it is a natural evolution from Web1—which introduced simple websites with static images—to Web2, which is the responsive and interactive internet we know today that has brought us social media, online shopping, and cloud-based apps. Web3 aims to be a decentralized internet based on blockchain, which proponents believe provides data privacy and control, tamper-proof records of transactions, greater transparency, and equal ownership and opportunities for monetization among users.
But taking down Big Tech and ushering in a more equal internet will be a proverbial David and Goliath match-up—one that skeptics aren’t convinced can happen. Harvard Business Review reports that roughly 84% of all businesses identify Microsoft as a top-three vendor. WhatsApp, owned by Meta, serves more than 2 billion active monthly users. Amazon Web Services runs more than one-third of the internet, and while no single person, governing agency, or corporation owns the internet, they may be the closest to it. Google is so ubiquitous that it is a verb, not just an entity or a service. You get the point—and the problem. The power and the profit of the internet are controlled by a handful of companies, and whether or not you believe in Web3 as a product, its goal is to put more control in the hands of users and even the online playing field.
Web3, as a concept, has existed since 2014, and several integral components to this next version of the internet, like cryptocurrency, blockchain, and non-fungible tokens (NFTs) are growing more popular. But as a complete product, Web3 remains largely theoretical. So what would this look like, in theory? A democratized decentralized digital utopia? Or the Wild West? Maybe both.
Distributed systems underpin Web3, meaning that data is not hosted and served from a single server but rather multiple locations. This makes data-sharing more reliable, easier to scale, and resistant to influence like censorship or error.
On Web3, Decentralized Autonomous Organizations (DAO)—or internet-based organizations that are collectively owned and controlled by members—will replace Web2’s traditional organizations which have a central governing body and hierarchical structure.
Dapps—or decentralized applications—will replace the traditional apps that we know today, where each is owned and controlled by a single organization. Decentralizing them would theoretically give users greater data autonomy and privacy as the programs would run via several computers in a network, not just one centralized location. Smart contracts, in which the terms of an agreement are encoded and immutable, create a uniformly trusted environment, eliminating the need for third-party mediators. This is the sort of technology that enables the purchase of digital art and the utilization of cryptocurrency.
The vision and technology upon which Web3 will be built are changing by the day. To bring you up to speed, EWR Digital compiled a list of nine things everyone should know about Web3 and how it’s expected to change the way people use the internet.
NicoElNino // Shutterstock
Blockchains will be the foundation for Web3
The internet we know and use today is built on servers owned by individuals or corporations like Amazon Web Services. Proponents of Web3 envision breaking apart single-entity control by building programs using blockchain technology, which enables characteristics including decentralization, greater transparency and security, and immutability, meaning transactions cannot be changed. Web3 users could instead buy and sell information, goods, and services directly with each other without middlemen like banks or corporations. Using a dapp, or decentralized app, for payment, a user could pay another user directly, and the digital transaction would be verified and logged into a public record—or distributed ledger—on the blockchain without any banking institution.
Black Salmon // Shutterstock
Noncustodial wallets connect to Web3 economy
When you complete a financial transaction online, your bank provides a custodial service by verifying specific details and brokering the transaction. On Web3, users will no longer rely on an intermediary institution like a bank, instead keeping money and other assets in a noncustodial wallet. With this type of wallet, you alone control—and are responsible for—these assets. It would also protect your privacy because it eliminates the need for the protocols to verify user identities that are currently required by banks. With the next version of the internet inextricably linked to cryptocurrencies and blockchain technology, noncustodial wallets will be crucial so users can interact with dapps, giving them access to this new type of online economy.
Smith Collection/Gado // Getty Images
NFTs open a market for digital art
Just as digital marketplaces took real-world services online, Web3 and NFTs will do the same. In October 2021, a digital artist named Beeple sold an NFT of a digital collage for $69 million dollars. What that buyer purchased was the digital proof—a unique file on the blockchain—that showed they own the original. People can still right-click on web images and “save as” all day long, but they only own a copy, not the original. Sales like this are happening all over the internet—people paying real money for NFTs that authenticate digital art. Artists can even ensure they receive royalties with each future sale of that specific NFT.
one photo // Shutterstock
It may be censorship-resistant
Within the internet’s current structure, anyone, particularly bad actors, with access to a server can alter or remove the data it houses. This isn’t just hypothetical—there are plenty of examples of this happening already. But with a decentralized internet, no one entity can control where the data is housed, which makes it significantly less susceptible to censorship. Companies also won’t be able to silence or shut down individual accounts on their platforms. Users can access content that is stored in multiple places instead of one centralized server. And, because blockchain is immutable, data cannot be altered.
PixieMe // Shutterstock
Web3 is “trustless”
Web2 relies on an intermediary between two internet users who do not know or necessarily trust each other. These peer-to-peer services control user data and set rules and protocols for interactions. Trust is placed in these third parties and not, necessarily, between individual users. But in this current environment, your data is not truly private or controlled by you. A “trustless” internet may sound even more dangerous and reckless, but according to experts, “equally credible” may be a better term. In Web3, blockchain will ensure all users will operate within the same set of rules, eliminating the need for trust and cutting down the risk of harmful or fraudulent transactions. Bitcoin’s early success is an example of a trustless internet.
ArtemisDiana // Shutterstock
It removes traditional hierarchy in a business or service
DAOs, or decentralized autonomous organizations, are the equivalent of a CEO-less company collectively owned and operated by its members. They are governed by the open and transparent codes written into smart contracts—essentially a computer program—and these contracts execute themselves. An enormous amount of bureaucracy and inefficiencies are eliminated when the bottleneck of a governing agency is removed. Every member has the right to propose and vote on changes. Some charitable organizations have started adopting DAOs as a more efficient way to raise funds and respond to urgent needs.
Justin Sullivan // Getty Images
Major tech companies are already working on it
Recognizing both the potential of Web3 and the risk of losing top talent to startups pursuing the next iteration of the internet, current tech giants like Microsoft, Amazon and YouTube are investing in the future with job postings seeking experts in blockchain emerging technologies. Google announced in January 2022 that the company is forming a group to focus on blockchain and the next generation of “distributed computing and data storage technologies.” Even Facebook rebranding to Meta with a focus on the metaverse, which is the idea of an immersive online world where people use emerging technologies such as virtual reality, augmented reality, and holograms to interact with others online. Though different from Web3, both concepts hope to fundamentally change the future of the internet.
Justin Sullivan // Getty Images
Tech employees are leaving established Silicon Valley companies to join Web3 startups
High-profile tech executives are leaving companies like Google and Amazon to help build and cash in on what they view to be the next big thing—crypto and Web3. While this does not necessarily guarantee either will reach the same levels of success or become as ubiquitous in our lives, it suggests that they are worthy of the attention of the brightest minds. YouTube, Meta, Uber, Airbnb, and Amazon, among others, have all lost top talent to new Web3 startups.
SOPA Images // Getty Images
Its rise to prominence may not be inevitable, though
Skeptics and critics have called Web3 a scam, a multilevel marketing campaign, and a Ponzi scheme. While promoted under the guise of freedom, ownership, and an “of the people, by the people, for the people” narrative, critics say Web3 is simply going to make those already deeply embedded—and invested—in cryptocurrency and blockchain even richer. Critics also point to the hype and relatively limited scope and success of technology like augmented reality, or the fact that crypto is not a more widely adopted currency as evidence that Web3 may not come to prominence as proponents hope.
This story originally appeared on EWR Digital
and was produced and distributed in partnership with Stacker Studio. | https://localnews8.com/stacker-news/2022/04/21/web3-is-coming-heres-what-you-should-know/ | 2022-04-22T07:41:12Z |
FBI seeks public’s help in identifying ‘Jane Doe 46’ as part of child exploitation investigation
(Gray News) - The FBI is asking the public for information that could lead to the identification of a person known as “Jane Doe 46.”
The agency said in a release that it “is believed that this individual may have critical information pertaining to the identity of a child victim in a sexual exploitation investigation.”
The FBI described Jane Doe 46 as a white female with a distinctive tattoo on her left wrist, and said “initial video” of her “shown with a child was first seen and likely created in May of 2022.”
The FBI said the woman’s face isn’t visible in the video, but she’s heard speaking English. In audio released by the FBI, she’s twice heard saying, “Stand up.”
In its bulletin, the agency shared photos of the woman’s wrist tattoo, a ring on her finger and the background of a room.
The FBI release did not include information about where an alleged crime is believed to have taken place.
The FBI is asking anyone with information about the case to call the agency’s toll-free tip-line at 1-800-CALL-FBI (1-800-225-5324), to contact a Crimes Against Children Investigator at a local FBI office, or to contact the nearest American embassy or consulate.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/13/fbi-seeks-publics-help-identifying-jane-doe-46-part-child-exploitation-investigation/ | 2022-07-13T21:03:51Z |
Man hit by truck while running across the country for a cause, not expected to survive
PORTLAND Ore. (KPTV/Gray News) - A Portland man running across the country to bring awareness to those impacted by the pandemic is expected to succumb to his injuries after being hit by a truck along a road in Texas earlier this week.
Grady Lambert’s parents, Mark and Julie, said their son was running from Cannon Beach, Oregon, to Hilton Head, South Carolina, a 4,000-mile journey, all for a good cause.
“He had always talked about running across cross-country,” Julie Lambert said. “So I kind of knew it was going to happen at some point. And of course, once again, he didn’t run it by us. He just said, ‘This is what I’m doing.’”
His parents were at Cannon Beach on March 16 when he set off on his journey. It was a moment that took a lot of preparation before heading east from Oregon.
“We wanted to make sure that he was sufficiently prepared because it was an enormous undertaking,” Mark said.
Along the way, Grady Lambert documented his journey on Instagram, making his way down to California, across Arizona and New Mexico, then into Texas. He raised thousands of dollars along the way for frontline workers and took pictures with nearly everyone he met.
“That was a hard day, watching your son leave on something that you knew was dangerous,” Julie Lambert said. “We recognized the danger of what he was doing.”
But hiss journey came to a tragic end in Amarillo, Texas, on Sunday. A truck hit him while he was running along a road in the city, leaving him with life-threatening injuries that his parents said he won’t survive. Mark and Julie Lambert will donate their son’s organs so he can help more people after he’s gone.
His parents said they are also setting up a scholarship in his name for students graduating from Lincoln Academy Alternative High School in his hometown of Stillwater, Oklahoma. The money will be awarded to a student who is going to pursue a career in nursing. A scholarship, Grady’s parents said, is aligned with his mission of the journey he couldn’t complete.
Though he couldn’t complete his run, Mark and Julie Lambert said they are going to do it for him. Before he left, Grady Lambert told his mother in the car that if anything bad happens to him, to finish his journey.
“He said, so I want you to take my ashes and spread them from where I stop to the end,” Julie said. “So Mark and I will have an epic road trip and spread Grady’s ashes along the way.”
Mark and Julie Lambert said they’ll remember their son the same way as everyone else he met throughout his life, a warm, compassionate, young man who was always thinking about others.
If you would like to donate to Grady Lambert’s scholarship fund, click here.
Copyright 2022 KPTV via Gray News. All rights reserved. | https://www.mysuncoast.com/2022/09/01/man-hit-by-truck-while-running-across-country-cause-not-expected-survive/ | 2022-09-01T16:20:44Z |
WARSAW, Poland (AP) — The number of detected illegal migration entries into the European Union in the first five months of 2022 was more than 86,000, or 82% more than in the same period in 2021, the agency monitoring the EU’s external borders said Monday.
Crossings in May alone numbered some 23,500 — 75% up from May last year, according to preliminary data released by Frontex.
The European Border and Coast Guard Agency said that the figure didn’t include refugees from almost four months of war in Ukraine, whose number it pegged at some 5.5 million. They are authorized to enter the EU.
The routes taken most often by migrants are through the Western Balkans, which accounted for almost 41,000 crossings, mostly migrants from Syria and Afghanistan, and through the Central and Eastern Mediterranean, where Egyptians, Bangladeshis, Tunisians, Nigerians and Congolese are common.
The figures show the number of entries and do not take account of the fact that sometimes the same person makes multiple attempts.
___
Follow AP’s coverage of migration issues at https://apnews.com/hub/migration | https://cw33.com/news/international/ap-international/border-agency-illegal-entries-into-eu-up-82-this-year/ | 2022-06-14T06:57:03Z |
The Government Finance Officers Association of the United States and Canada awarded the Temple Independent School District with its Certificate of Achievement for Excellence in Financial Reporting.
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LONGWOOD, Fla., Aug. 1, 2022 /PRNewswire/ -- Waste Pro USA, Inc. ("Waste Pro"), a regional privately-held provider of non-hazardous waste collection, transfer, recycling, and disposal services, announced today that it has completed the remarketing of two solid waste disposal revenue bond offerings with an aggregate principal amount of $50.0 million.
The remarketing consisted of $32.5 million of Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds (Waste Pro USA, Inc. Project), Series 2017 (the "Florida Bonds"), and $17.5 million of Mississippi Business Finance Corporation Solid Waste Disposal Revenue Bonds (Waste Pro USA, Inc. Project), Series 2017 (the "Mississippi Bonds" and, together with the Florida Bonds, the "Bonds").
The Florida Bonds, which bear a 5.25% coupon for a seven-year fixed term interest rate period, will mature on August 1, 2029, and are guaranteed by certain subsidiaries of Waste Pro, pursuant to the terms of the Indenture relating to the Florida Bonds.
The Mississippi Bonds, which bear a 5.00% coupon for a five-year fixed term interest rate period, will mature on February 1, 2036, and are also guaranteed by certain subsidiaries of Waste Pro, pursuant to the terms of the Indenture relating to the Mississippi Bonds.
"Despite more challenging market conditions than in previous years, this transaction was significantly oversold," stated Cort Sabina, Chief Financial Officer of Waste Pro. "I am pleased by the investment community's continued confidence in Waste Pro's financial strength and future growth."
"As a privately owned, family-run company, Waste Pro has proven itself to be a financially stable platform committed to long-term, sustainable growth. Our focus on service and commitment to our people has led the way for operations to go from a single truck in 2001 to over 3,000 trucks today in nine states with revenues projected to exceed $900 million this year," added Sean Jennings, President and Chief Executive Officer of Waste Pro.
Citigroup Global Markets Inc. served as the sole remarketing agent for the Bonds. CTBH Partners LLC served as financial advisor to Waste Pro. Greenberg Traurig, P.A. served as counsel to Waste Pro.
The Bonds were offered only to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
The Bonds have not been and will not be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Bonds, nor shall there be any sale of the Bonds in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
Waste Pro USA, Inc. is one of the country's fastest-growing privately-owned waste collection, recycling, processing, and disposal companies, operating in nine southeastern states. Waste Pro, with revenues projected to exceed $900 million in 2022, serves more than two million residential and approximately 100,000 commercial customers from 95 operating locations. Waste Pro is headquartered in Longwood, Florida, and maintains over 260 exclusive municipal contracts and franchises.
Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such by the context of the statements, including words such as Waste Pro "will," "intends," and other similar expressions. Among the forward-looking statements in this press release are statements regarding the offering and sale of the Bonds. All of these forward-looking statements are based on current expectations and estimates and management's beliefs and assumptions. Waste Pro expressly disclaims any obligation to update such statements to reflect any change in its expectations whether as a result of new information, future events or otherwise, except as required.
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SOURCE WASTE PRO USA, INC. | https://www.kxii.com/prnewswire/2022/08/01/waste-pro-usa-inc-announces-closing-500-million-remarketed-solid-waste-disposal-revenue-bonds/ | 2022-08-01T19:08:06Z |
PRODUCED BY 11-TIME GRAMMY® NOMINATED MIXER/PRODUCER
MARK NEEDHAM (FLEETWOOD MAC, IMAGINE DRAGONS, MT. JOY)
FULL-LENGTH ALBUM DUE OUT IN 2023
STREAM/PURCHASE "SET ME UP"
LOS ANGELES, Aug. 19, 2022 /PRNewswire/ -- Today, Bluphoria share their major label debut single "Set Me Up" - a high-energy alternative rock song with blues and psych-rock influences that satisfyingly takes the listener on a journey from anger into a cathartic dance party.
"'Set Me Up' was one of those surprising songs that didn't take long to write," says Reign LaFreniere (lead vocals, lead guitar). "From the Stones-esque beats to the catchy breaks we hope y'all enjoy this song as much as we do!"
Today's release is the first sampling of Bluphoria's forthcoming self-titled album, due out in 2023.
The band worked with GRAMMY® award-winning producer Mark Needham (Fleetwood Mac, Imagine Dragons, P!NK, Mt. Joy) at East Iris Studios in Berry Hill, as well as Needham's personal Nashville studio.
Adds Needham, "I loved working on this song ("Set Me Up") with Bluphoria. They are a great young band with instinctive pop sensibilities combined with a cool edginess and rawness that make the song sound like a car driving almost out of control!"
"The second we stepped into the studio, we could feel the years of experience Mark brought to the table," LaFreniere said. "He helped us be better musicians. We got locked in. Everyone was on the same page."
In addition to local Portland area shows, the band recently played to a packed house at Hotel Cafe for LA tastemakers and received glowing reviews.
For more information on Bluphoria please visit http://www.bluphoriaband.com/.
About Bluphoria:
Bluphoria is an alternative rock band with blues rock and psychedelic rock influences. Formed in 2019, the band hails from Eugene, Oregon and is fronted by Reign LaFreniere, 22 (lead vocals, lead guitar) along with Dakota Landrum, 19 (rhythm guitar, background vocals) Rex Wolf, 21 (bass, background vocals) and Dani Janae, 21 (drums, background vocals).
Bluphoria began playing together in their sophomore year at the University of Oregon and was signed to EDGEOUT Records/Ume/UMG in early 2021.
About EDGEOUT Records:
EDGEOUT Records focuses on the development and curation of young mainstream rock bands and artists that will be the future rock movement in the music industry through their program THE STUDIO.
EDGEOUT is an American independent record label, founded by Tony Guanci (Danny Wimmer Presents, Maloof Entertainment and Cheryl-Benson Guanci in 2018. EDGEOUT is partnered through Universal Music Group / Universal Music Enterprises in a global services and distribution agreement.
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SOURCE EDGEOUT/UMG/UMe | https://www.mysuncoast.com/prnewswire/2022/08/19/bluphoria-bring-their-alternative-rock-blues-psych-rock-influences-their-major-label-debut-single-set-me-up-edgeout-records-ume-umg/ | 2022-08-19T11:30:49Z |
VANCOUVER, BC, June 29, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) ("WELL" or the "Company"), a digital health company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to provide an update regarding its majority owned subsidiary, Wisp. As the fastest, most accessible sexual and reproductive telehealth service in the U.S. today, Wisp is committed to providing specialized services to address the most intimate of issues from bacterial vaginosis to herpes to birth control and emergency contraception.
In light of the U.S. Supreme Court's verdict on Roe v. Wade, Wisp is announcing its commitment to helping people get the healthcare they need and will be donating 1% of proceeds from its emergency contraceptive and birth control categories for the next 2 months in addition to matching employee donations. Proceeds will be donated to Wisp's long-standing partners, Sexuality Information and Education Council of the United States (SIECUS) which advances sex education through advocacy, policy and coalition building and The New York Birth Control Access Project (NYBCAP) which helps break down barriers and increases access, so all New Yorkers are able to obtain the birth control they need. Wisp is also paying travel costs for employees that need support with reproductive health services.
"Since launching in 2018, Wisp's mission has always been to make sexual and reproductive healthcare inclusive, cost-effective, and accessible—for everyone," said Ahmad Bani, CEO. "For this reason, we are working extremely hard to advance and accelerate our product development efforts to introduce new products that improve access to reproductive health."
After the U.S. Supreme Court overturned the Roe v. Wade ruling, Wisp saw an unprecedented 3,000% surge in its emergency contraceptive category within 24 hours.
"The decision fueled consumer demand for emergency contraceptives from trusted and reliable sources," commented Dr. Laura Purdy, MD and Wisp Medical Director. "We're committed to continuing to offer patients safe, accessible and convenient options."
For more information on Wisp please visit hellowisp.com.
WELL is a practitioner focused digital health company whose overarching objective is to positively impact health outcomes to empower and support healthcare practitioners and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end to end practice management tools inclusive of virtual care and digital patient engagement capabilities as well as Electronic Medical Records (EMR), Revenue Cycle Management (RCM) and data protection services. WELL uses this platform to power healthcare practitioners both inside and outside of WELL's own omni-channel patient services offerings. As such, WELL owns and operates Canada's largest network of outpatient medical clinics serving primary and specialized healthcare services and is the provider of a leading multi-national, multi-disciplinary telehealth offering. WELL is publicly traded on the Toronto Stock Exchange under the symbol "WELL" and trades on the OTCQX under the symbol "WHTCF". To learn more about the Company, please visit: www.well.company.'
About Wisp.
Wisp is a US technology leader and innovator whose objective is to make reproductive and sexual healthcare inclusive, cost-effective, and accessible for all. Wisp began by providing discreet sexual health treatments online and has grown to offer a comprehensive menu of products and telehealth services, including prescription medication, OTC prevention, primary care consultations, contraception delivery, and more. Wisp is a growing and profitable company with run-rate revenues exceeding $40M USD and is majority-owned by WELL. To learn more, please visit www.hellowisp.com.
Forward-Looking Information
This news release may contain "Forward-Looking Information" within the meaning of applicable Canadian securities laws, including without limitation Wisp's response initiatives, and commitment plans. Forward-Looking Information is based upon several estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-Looking Information generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking Information involves known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by such Forward Looking Information and, which are not guarantees of future performance. WELL's statements expressed or implied by Forward Looking Information are subject to several risks, uncertainties, and conditions, many of which are outside of WELL 's control, and undue reliance should not be placed on such statements. Forward-Looking Information is qualified in their entirety by inherent risks and uncertainties, including: direct and indirect material adverse effects from the COVID-19 pandemic; adverse market conditions; risks inherent in the primary healthcare sector in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions; that market competition may affect the business, results and financial condition of WELL and other risk factors identified in documents filed by WELL under its profile at www.sedar.com, including its most recent Annual Information Form. Except as required by securities law, WELL does not assume any obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.
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SOURCE WELL Health Technologies Corp. | https://www.wibw.com/prnewswire/2022/06/29/well-provides-business-update-wisp-leader-reproductive-health/ | 2022-06-29T12:05:44Z |
Goal! Maradona’s ‘Hand of God’ shirt sets auction record
By JILL LAWLESS
Associated Press
LONDON (AP) — The shirt worn by Diego Maradona when he scored the controversial “Hand of God” goal against England in the 1986 World Cup has sold for 7.1 million pounds ($9.3 million), the highest price ever paid at auction for a piece of sports memorabilia.
Auctioneer Sotheby’s sold the shirt in an online auction that closed Wednesday. It did not identify the buyer.
Maradona scored two goals during the quarter-final game in Mexico City on June 22, 1986, just four years after Britain and Argentina had fought a war over the Falkland Islands. The Argentine great’s first goal was ruled a header, but the ball had bounced off Maradona’s fist, out of sight of the referee.
Maradona said afterward that it had been scored “a little with the head of Maradona, and a little with the hand of God.”
Maradona’s second goal saw him dribble the ball past almost the entire English team before beating goalkeeper Peter Shilton. In 2002, it was voted “goal of the century” in a FIFA poll.
Argentina won the game 2-1 and went on to win the World Cup.
After the game Maradona swapped shirts with England midfielder Steve Hodge, who loaned it long-term to England’s National Football Museum in Manchester before putting it up for sale.
Maradona, considered by many to be the greatest player of all time, struggled with cocaine abuse and other excesses and died in November 2020 at age 60.
After Sotheby’s announced the coming sale last month, relatives of Maradona expressed doubt the blue No. 10 jersey was the shirt the soccer star had worn in the second half of the game, when he scored both goals. The auction house said the shirt’s identify was confirmed by sports memorabilia photo-matching firm Resolution Photomatching and confirmed by Sotheby’s chief science officer.
Brahm Wachter, Sotheby’s head of streetwear and modern collectables, said the shirt was “a tangible reminder of an important moment not only in the history of sports, but in the history of the 20th century.”
The previous record for sports memorabilia was $8.8 million paid at a December 2019 auction for the manifesto that launched the modern Olympic movement. The previous record for a piece of sportswear was $5.64 million for a Babe Ruth New York Yankees jersey in 2019.
The sale prices include an auction house charge known as the buyer’s premium. | https://localnews8.com/sports/ap-national-sports/2022/05/04/goal-maradonas-hand-of-god-shirt-sets-auction-record/ | 2022-05-04T18:05:11Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman is investigating the proposed acquisition of Convey Health Solutions Holdings, Inc. (NYSE: CNVY) by its principal shareholder, TPG Capital.
To learn more about the investigation, click here.
Through its funds, TPG already owns approximately 75% of Convey Health's outstanding shares of common stock. Under the companies' merger agreement, announced on June 21, 2022, TPG will acquire the remaining outstanding shares of Convey Health for $10.50 per share in cash, which represents an enterprise value for the company of approximately $1.1 billion. The acquisition could close as early as September 21, 2022.
Julie & Holleman is investigating potential legal claims available to Convey Health's shareholders regarding the proposed acquisition, including claims relating to TPG's and management's conflicts of interest and the adequacy of the $10.50 per share acquisition price.
If you would like more information about Julie & Holleman's investigation, or about the acquisition in general, please contact W. Scott Holleman by email at scott@julieholleman.com or by telephone at (929) 415-1020. You may also visit the firm's website by clicking here.
Julie & Holleman is a boutique law firm that focuses on shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations. The firm's attorneys litigate in state and federal courts across the nation. For more information about the firm, please visit www.julieholleman.com. This notice may constitute attorney advertising.
CONTACT INFORMATION
Julie & Holleman LLP
W. Scott Holleman, Esq.
157 East 86th Street
4th Floor
New York, NY 10028
(929) 415-1020
www.julieholleman.com
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SOURCE Julie & Holleman LLP | https://www.wibw.com/prnewswire/2022/09/06/cnvy-special-alert-julie-amp-holleman-reminds-investors-contact-firm-about-proposed-acquisition-convey-health-solutions-holdings-inc/ | 2022-09-06T11:29:47Z |
Sky-high diesel prices squeeze truckers, farmers, consumers
NEW YORK (AP) — When long-haul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an empty truck in between deliveries.
And if a customer’s load is too far away or they can’t pay more for fuel? She turns the job down.
“It breaks my heart because I either have to say, ‘No, I can’t afford to,’ or ‘I can, but you’re going to have to pay some of my fuel to get me there,’ " LaBree said. “I hate doing both of those things because it’s not the customer’s fault. It’s not our fault.”
The price of diesel fuel has skyrocketed in recent months — much more even than regular gasoline — especially after Russia invaded Ukraine in February. Moscow’s attack led numerous nations to spurn Russian fuel, removing from the market a major source of oil, the main component of diesel fuel, and driving prices drastically up.
For months, motorists have felt the pain of high gasoline prices. Many may not know that they’re also absorbing the impact of much costlier diesel fuel. That’s because the goods consumers buy — from cereal and orange juice to Amazon deliveries of diapers — are delivered by trucks, trains or ships that run on diesel. Those inflated prices are then passed on from company to company until they reach consumers in the form of costlier goods.
“People pay less attention to diesel prices because people aren’t going to the pump and using it,” said Matt Smith, lead oil analyst at Kpler, a research firm. “But diesel has a more far-reaching impact and is already having a real big impact across the economy.”
Diesel fuel was averaging $5.52 a gallon nationally Tuesday — up a scorching 68% from a year ago, when it was selling for just $3.28. By comparison, a gallon of regular gasoline is averaging $4.50, up 42% from a year ago.
High gasoline prices have eased somewhat in recent weeks. But diesel has remained chronically high, with American refineries operating near capacity. Unless prices ease, the ripple effects of high diesel fuel could worsen because the costs are deterring some truck companies from accepting jobs unless they can persuade their customers to pay more for fuel.
“There will be more logistical shortages,” said Phil Verleger, a longtime energy economist. “Americans will find more empty shelves and higher prices.”
If they’re not rejecting jobs, many truckers are choosing lighter loads or working longer hours to make up for money lost on fuel, according to interviews with truckers and industry executives. Farmers harvesting hay and planting corn with diesel-fired tractors are absorbing a financial hit. Delivery companies are installing their own fueling pumps to cut costs. Ultimately, consumers are left bearing the burden.
“If you’re a farmer, then your energy costs are higher, and therefore it’s costing more to produce grain, and that’s pushing the price of grain up, and that’s pushing the price of food up,” said Smith, the analyst at Kpler.
Even more than gasoline, high diesel prices are magnifying the costs of goods because the delivery cost has risen so much. Consumer prices soared 9.1% in June compared with 12 months earlier, the government reported last week. The fuel oil portion of the consumer price index nearly doubled from the same time last year.
“Those energy costs are working their way into products, all manner of different consumer products,” Smith noted.
One reason why diesel prices haven’t yet declined as gasoline has is that OPEC nations have slowed their supply of oil, and Middle East oil typically produces more diesel fuel than, say, parts of Texas do. Another factor is that China has reduced its diesel exports, presumably to help achieve its net-zero greenhouse gas emissions goals.
And within the United States, refineries that produce diesel from crude oil are essentially maxed out. The nation has 11 fewer refineries operating today than before the pandemic, according to the American Petroleum Institute. One refinery that had served the East Coast closed after an explosion in 2019 and never re-opened. And some refineries in California are closed for retrofitting to process renewable fuel.
“We use a lot of diesel, probably more than what these refineries can produce,” said Bob Costello, chief economist of the American Trucking Associations.
President Joe Biden’s visit last week to Saudi Arabia was intended, in part, to encourage OPEC to produce more oil, which would mean more diesel fuel globally. Though no major deal was announced, Prince Mohammed bin Salman hinted that Saudi Arabia could potentially produce more oil.
But expecting OPEC to export more oil during high-demand summer months might be unrealistic, said Amy Myers Jaffe, an energy expert at Tufts University.
“The important thing,” she said, “is to make sure that our allies, together with OPEC, don’t decrease any flows to the market at any junction, especially if we have some kind of disruption.”
Even if American oil and gas producers increase production, tough challenges would remain — namely, finding additional refinery space and then enough pipeline capacity to transport any additional diesel.
In the meantime, some truckers are struggling to adjust while keeping goods moving. Sherri Brumbaugh, who runs a fleet of 90 trucks as head of Garner Trucking, has installed more fuel pumps on-site in Findlay, Ohio, because she can obtain diesel more cheaply than her truckers can on the road.
She also monitors where her drivers are buying fuel to make sure they’re making wise decisions. And she tries to absorb the higher fuel costs herself as much as possible.
But “at some point,” she said, “you’ve got to go to the customer and say, ‘I’ve got to increase this rate.’”
Brumbaugh declined to say how much she’s raised rates on her customers, which range from bottled beverage companies to dishwasher manufacturers.
Lately, she said, there’s been less retail freight to haul. “It may be an indication of a recession,” she said. “I hope not.”
Cargo Transporters, which runs 470 trucks and 1,800 trailers, raised its rates, too, and has been turning down some jobs to Florida, where trucks often must return without a load, said Shawn Brown, a company executive. When there’s no cargo on a truck, no one pays the trucking company. But the driver still has to be paid, and fuel is still burned.
“When that trailer’s not loaded and there’s no revenue being generated and a mile is run, we’re eating that,” Brown said.
UPS and FedEx have more than doubled their fuel surcharges on ground deliveries year-over-year, according to calculations by Cowen Research and AFS Logistics.
Farmers also face higher costs. But they can’t easily raise prices, because they often don’t control the price of their goods. Milk and grain prices, for example, are set by the market.
“It’s costing us more for freight to get things delivered to the farm, and it’s costing more to haul things away,” said David Fisher, a dairy farmer in Madrid, New York, who is president of the New York Farm Bureau, which lobbies governments on behalf of farmers. “We’re planting crops and harvesting crops, and the cost of those are going to be higher, but we don’t know if we can recoup those costs.”
To burn less fuel, he’s considered skipping a tillage pass, a maneuver whereby a tractor manipulates soil to enhance crop growth. But doing so would risk having fewer crops to harvest.
A year ago, Fisher was spending $8,000 a week on fuel. This year, he said, the figure reached around $20,000.
“Everybody I talk to has quite a bit of anxiety over these fuel prices,” Fisher said.
Biden has called on Congress and states to suspend their gasoline or diesel taxes for a few months to help alleviate pain for drivers, but Congress appears unwilling to enact a tax holiday. Some states temporarily suspended some taxes on diesel and other motor fuels.
With high diesel prices persisting, LaBree and her husband are working more hours to manage costs. They used to stay on the road for four days and come home to Missouri for three. Now, she said, “we have to stay out for five — sometimes six — days to make up for what we’ve lost from fuel.”
“Most truckers like to think of ourselves as, we’re serving our country, moving goods around to keep America going,” LaBree said. “But at what point are we doing it for free? I can’t run a business that way.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/20/sky-high-diesel-prices-squeeze-truckers-farmers-consumers/ | 2022-07-20T12:28:03Z |
‘No one cares’: Father of special needs students frustrated by school bus problems
By Juli McDonald
Click here for updates on this story
BOSTON (WBZ) — A West Roxbury dad is defeated. Just so tired of the headaches and the hounding – trying to get his special needs sons safely to school.
“It doesn’t matter who you call. Nothing gets done. No one cares,” Barry Wiener said. “All I want – what most normal people want – the best for their children.”
Barry isn’t even asking for the best ride – but a ride. A wheelchair bus that shows up on time to bring Andy and Dan to and from Perkins School for the Blind.
“I’m dragging my kids out of bed at 5:40 in the morning to get ready for the bus at 7 o’clock. I ended up calling back at 7:10. There was no bus or driver. Again,” he said, frustrated. It was the third issue just this week.
Barry has to wait on hold for the transportation line, which can take a while. The transportation line calls the bus company. The school is private; the boys are on Boston IEPs. It’s a giant game of telephone. When there’s no ride, it isn’t clearly and quickly communicated.
“He was at school. He’s in a diaper. He’s drenched in urine because there’s no bus. I have no knowledge of no bus,” Barry said of son Andy, who is nonverbal and uses a wheelchair.
In a statement to WBZ, Boston Public Schools wrote:
“We hear the frustration of this family and want to do all that we can to remedy this situation and improve our communication with them. BPS Transportation has been experiencing ongoing driver shortage issues throughout the 2021-22 school year. These shortages are a result of the ongoing national bus driver shortage, high staff absence rates due to the impact of COVID-19, and daily attendance challenges. Our system currently has more than 30 open bus driver positions. As a result, a relatively small number of trips each day this year have been without a driver due to the driver shortage. We are working with urgency to fill driver vacancies so that no families have to navigate these issues.”
Barry has been begging for change for years. But he’d do anything for all three of his boys.
“That’s what I live for, basically,” he said. “It’s what I live and breathe for. That’s why I’m here on the planet to take care of them and watch over them.”
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. | https://localnews8.com/news/2022/04/29/no-one-cares-father-of-special-needs-students-frustrated-by-school-bus-problems/ | 2022-04-29T15:07:32Z |
SHANGHAI, May 20, 2022 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727. HK) has announced that a series of milestones have been made for its major international projects since the start of this year. As a world's leading energy solutions provider, the company continues to ramp up its effort in accelerating the progress of its construction undertakings around the world amid global uncertainties brought on by renewed COVID-19 resurgences and prolonged supply chain disruptions.
Two of its landmark projects – the Rupsha 800-Megawatt combined cycle power plant project and the Japan Yakai photovoltaic power plant project – are well underway, with Shanghai Electric Guoxuan New Energy Technology Co., Ltd (Electric Guoxuan), a subsidiary of Shanghai Electric Power Generation Group, having recently signed a contract with Pacific Green Technologies Group (PGTK) of REP 1&2 battery energy storage project in the UK during the online conference.
UK's REP 1&2 Energy Storage Project
Consisting of two sites with a total capacity of 100MW/100MWH, the UK's REP 1&2 energy storage project, located in the Ridgeborough Energy Park, Kent, is part of the exclusive agreement between PGTK and TUPA Energy Limited to develop up to 1,100MW of battery energy storage systems ("BESS") in the country.
It is the first time for Shanghai Electric Power Generation Group to participate in an international project as the main contractor, working in tandem with PGTK to pool the best of their expertise and resources to help the UK expedite energy transformation. The two parties have commenced the designing process, with the first batch of supplies expected to be delivered in the third quarter of 2022.
Bangladesh's Rupsha 800-Megawatt Combined Cycle Power Plant Project
Financed by the Asian Development Bank, the project features two one-on-one F-class combined-cycle gas turbines and it will be the largest gas turbine power station ever built in the country. Sitting in the Khulna Division, the second largest division of Bangladesh, the project aims to ease the strain on the power supply in the southwestern regions of the country as part of Bangladesh's national strategy to further strengthen its energy security, playing an essential role in boosting the national economy and providing more job opportunities for the local residents.
The construction of the project has recently made major progress after Shanghai Electric announced that the hoisting work of the No.1 gas turbine was completed, paving the way for the installation stage of its main equipment. The announcement came after the on-site construction operation was stalled by multiple challenges caused by the COVID-19 pandemic and the dry season that hindered the delivery of large-size construction materials. Facing difficulties and challenges , Shanghai Electric coordinated with all teams to ensure deliveries were made on time, significantly speeding up the overall progress.
Japan's Yakai Photovoltaic Power Plant Project
On April 14, the Yakai photovoltaic power plant in Japan was successfully connected to the power grid with the support of local subcontractors and power companies. The solar plant, the first of its kind developed by Shanghai Electric in the country, is now operating at full capacity to provide over 20-megawatts of renewable energy to local households and businesses.
The on-time completion of the project is the result of the joint efforts of Shanghai Electric's teams and its partners to mitigate the impact of Japan's seventh wave of COVID-19 outbreak and the magnitude-7.3 earthquake that struck Fukushima on March 16. Shanghai Electric also coordinated with the local government and power companies to enable the power plant to enter commercial operation ahead of schedule in compliance with local laws and regulations, allowing the owner to maximize returns on the project.
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SOURCE Shanghai Electric | https://www.mysuncoast.com/prnewswire/2022/05/20/shanghai-electric-works-with-partners-ensure-progress-its-international-projects/ | 2022-05-20T09:41:52Z |
Plain Local superintendent Brent May to lead state association
PLAIN TWP. − A Stark County superintendent is now leading the statewide association of superintendents and administrators.
Brent May, who has been superintendent for Plain Local Schools since 2010, has been installed as the 53rd president of the Buckeye Association of School Administrators. More than 80 guests attended last week's installation ceremony at GlenOak High School.
May is the first superintendent from Region 7 to serve as BASA president since 2014. Region 7 includes Coshocton, Tuscarawas, Stark, Carroll, Harrison, Jefferson, Guernsey, Noble and Belmont counties.
During the installation, May thanked his family, colleagues and mentors who have shaped him as a leader.
"Leadership matters, and I think we have a great responsibility during some of the most uncertain and chaotic times of our lifetime," he said. "I believe that how we respond will define what our future will look like."
David Axner, executive director of BASA, described May as a quiet leader who will always stand up for kids and public education.
BASA is a private, not-for-profit organization that serves school superintendents and other administrators throughout the state of Ohio. BASA, established in 1969, is an affiliate of the American Association of School Administrators. | https://www.cantonrep.com/story/news/education/2022/08/16/plain-local-superintendent-brent-may-to-lead-basa-as-president/65399174007/ | 2022-08-16T16:50:25Z |
LOS ANGELES, Sept. 16, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against LifeStance Health Group, Inc. ("LifeStance" or the "Company") (NASDAQ: LFST).
Class Period: June 2021 IPO
Lead Plaintiff Deadline: October 11, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the number of virtual visits clients were undertaking utilizing LifeStance was decreasing as the COVID-19 lockdowns were being lifted, thereby flatlining the Company's out-patient/virtual revenue growth; (2) that the percentage of in-person visits clients were undertaking utilizing LifeStance was increasing as the COVID-19 lockdowns were being lifted, thereby causing the Company's operating expenses to increase substantially; (3) that LifeStance had lost a large number of physicians due to burn-out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the Registration Statement and the Company had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.kxii.com/prnewswire/2022/09/16/lfst-investors-have-opportunity-lead-lifestance-health-group-inc-securities-fraud-lawsuit/ | 2022-09-16T18:22:42Z |
Caraway honored for his entrepreneurial spirit, purpose, growth and impact
HUMBLE, Texas and HOUSTON, May 17, 2022 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company" or "Third Coast"), the bank holding company for Third Coast Bank, SSB, and Ernst & Young LLP (EY US) today announced that Bart Caraway was named an Entrepreneur Of The Year® 2022 Central South Award finalist. Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies.
Mr. Caraway was selected by a panel of independent judges according to the following criteria – entrepreneurial spirit, purpose, growth and impact – among other core contributions and attributes.
"Being named a finalist for such a prestigious award is humbling," said Mr. Caraway. "Third Coast started as a $17 million de novo bank in 2008 with five employees working on temporary folding tables in the Humble, TX headquarters. In November 2021, Third Coast completed its IPO. Fast forward to today, Third Coast is a $3 billion bank and one of the fastest growing financial institutions in the nation.
"I strongly believe that Third Coast Bank's accomplishments are not about one individual, rather our combined achievements. Therefore, I am excited to share this very special recognition with our management team and more than 330 employees in 13 branches across the state of Texas," concluded Caraway.
For over 35 years, EY US has celebrated the unstoppable entrepreneurs who are building a more equitable, sustainable and prosperous world for all. The Entrepreneur Of The Year program has recognized more than 10,000 US executives since its inception in 1986. Entrepreneur Of The Year Award winners have exclusive, ongoing access to the experience, insight and wisdom of fellow alumni and other members of the entrepreneurial community in over 60 countries — all supported by vast EY resources.
About Third Coast Bancshares, Inc.
Third Coast Bancshares, Inc. is a commercially focused, Texas-based bank holding company operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary, Third Coast Bank, SSB. Founded in 2008 in Humble, Texas, Third Coast Bank, SSB conducts banking operations through 13 branches and one loan production office encompassing the four largest metropolitan areas in Texas. Please visit https://www.tcbssb.com for more information.
About the Entrepreneur Of The Year Program
Entrepreneur Of The Year is the world's most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind.
The Entrepreneur Of The Year celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. Regional award winners will be announced on June 23, 2022. The regional winners will then be considered by the National independent judging panel, and National awards will be presented in November at the Strategic Growth Forum®, one of the nation's most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2023. More information about the Entrepreneur Of The Year is available at www.ey.com/us/eoy.
About EY Private
As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit www.ey.com/us/private for more information.
About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit www.ey.com.
Contact:
Ken Dennard / Natalie Hairston
Dennard Lascar Investor Relations
(713) 529-6600
TCBX@dennardlascar.com
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SOURCE Third Coast Bancshares | https://www.wibw.com/prnewswire/2022/05/17/ey-names-bart-caraway-third-coast-bancshares-chairman-ceo-finalist-entrepreneur-year-2022-central-south-award/ | 2022-05-17T21:17:22Z |
Benefit added in response to employee Great Place To Work survey feedback
CHICAGO, Aug. 4, 2022 /PRNewswire/ -- Enlivant, one of the largest senior living providers in the U.S., announced today all full-time employees are now eligible to receive New Child Leave benefits. As part of Enlivant's commitment to providing employees comprehensive health care, this new benefit supports employees following the birth, adoption or fostering of a child and supports their overall health, safety and well-being. Enlivant added the benefit in response to employee feedback from the Great Place to Work survey.
"Enlivant strives to create a compassionate and inclusive workplace that supports every employee having the opportunity to live their best life," says CEO Dan Guill. "We are thrilled to be able to expand our benefits package to support our employees and their families across the organization."
Enlivant's nationwide workforce consists of 84 percent women, and the company is committed to increasing women in leadership positions. Liezl Tolentino was recently promoted to serve as Chief Human Resources Officer in April, the first woman in Enlivant's history at the C-Suite level.
"We are committed to listening to employees, responding and providing benefits that support all employees and their families," says Liezl Tolentino, Chief Human Resource Officer. "Our New Child Leave benefit is an important commitment to the ongoing health and well-being of our employees."
As part of the New Child Leave policy, Enlivant will provide qualified full-time employees with up to six weeks of time off for New Child Leave, of which four weeks will be paid at the employee's normal pay level. The company's new benefit will enable employees to deliver, care for and bond with a newborn or a newly placed child and help balance the demands of a career and family.
Enlivant was recently certified as a "Great Places to Work" for the fourth year in a row. In the survey, 91 percent of employees said they feel treated fairly regardless of gender, 92% feel treated fairly regardless of sexual orientation, 89% of employees say people are treated fairly regardless of their race, and 90% of employees say their work has special meaning: This is not "just a job."
Since 1981, Enlivant has delivered a pioneering approach to senior living designed to give residents a supportive, stimulating environment where they thrive in mind, body, and soul. With more than 200 communities across the United States and more than 7,000 residents, the company strives to be the nation's most trusted senior living provider. Enlivant is a certified "Great Places to Work" for four years in a row and is the first senior living portfolio to earn the WELL Health-Safety Rating, recognizing their ongoing commitment to support the health and safety of everyone who walks through their doors. Enlivant has 117 communities that are recognized by U.S. News & World Report as a 2022-23 Best Senior Living Community in the categories of Best Assisted Living and Best Memory Care, the highest number of recognitions in the Best Assisted Living category. Learn more at enlivant.com.
Media Contact
Amanda Pollard
apollard@tellyourstoryinc.com
312-914-4417
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SOURCE Enlivant | https://www.wibw.com/prnewswire/2022/08/04/enlivant-expands-support-its-diverse-workforce-with-paid-child-leave/ | 2022-08-04T14:50:36Z |
HANGZHOU, China, June 28, 2022 /PRNewswire/ -- STAR.VISION AEROSPACE GROUP LIMITED, a Chinese space technology innovator, has recently won the second place in the Multimodal Learning for Earth and Environment (MultiEarth 2022) competition during the IEEE Conference on Computer Vision and Pattern Recognition (CVPR 2022). They also topped the rankings in another track "CropHarvest 2022" which focuses on crop classification, using testing data set from Kenya, Togo and Brazil.
Organized by MIT Lincoln Laboratory, the MultiEarth 2022 competition focused on using machine learning to address global problems in earth and environmental monitoring such as the decline of the Amazon rainforest. "Deforestation in the Amazon rainforest accounts for the largest share, contributing to reduced biodiversity, habitat loss, and climate change. Since much of the region is difficult to access, satellite remote sensing offers a powerful tool to track changes in the Amazon." stated the organizers. The workshop aims to gather a wide audience of researchers in academia, industry, and related fields to leverage remote sensing images collected by multiple sensors for positive environmental impact.
The Chinese company won honors in two tracks of the MultiEarth 2022 competition, including the "matrix completion" and "multimodal image translation", providing a new perspective for long-term monitoring of rainforest changes, and helping resolve frequently encountered "headaches" in optical satellite image acquisition due to dense cloud coverage.
Conference on Computer Vision and Pattern Recognition (CVPR), widely recognized as the world's best known AI competition, is a technical event hosted by the Institute of Electrical and Electronics Engineers (IEEE) on yearly basis. Previous winners of championships include tech giants of Google, Alibaba and top research organizations across the world.
Headquartered in Hangzhou, Eastern China, and specializing in AI-driven remote sensing satellites R&D and business intelligence services, the company is dedicated to integrating state-of-the-art AI technology with the on-going revolutionized space industry.
Dr. Yashu Kang, head of STAR.VISION's AI team, said that the company hopes to use space technology to "improve the earth from space", adding that "as a space company, it is our first time to participate in a top-tier international competition along with many great AI companies and respective players. Achieving such a result is encouraging, which strengthens our determination of improving the remote sensing satellite and its service with AI technology."
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SOURCE STAR.VISION AEROSPACE GROUP LIMITED | https://www.mysuncoast.com/prnewswire/2022/06/29/chinese-space-company-wins-top-intl-ai-competition/ | 2022-06-29T04:40:14Z |
VALLETTA, Malta, Sept. 14, 2022 /PRNewswire/ -- At today's Capital Markets Day in London, UK, Kindred Group's CEO Henrik Tjärnström and CFO Johan Wilsby, joined by members of the executive management team and senior managers, will provide a detailed update of Kindred's strategic direction, operations and financial performance.
In connection with the Capital Markets Day, Kindred Group will present new financial targets for 2025 consisting of:
- Revenue of above GBP 1.6 billion
- Underlying EBITDA margin of 21 - 22 per cent
- Distribution policy of ~75 - 100 per cent of free cash flow (after M&A)
Kindred Group plc (Kindred) will host a Capital Markets Day (CMD) in London, UK, today at 12:00 BST. During the event, CEO Henrik Tjärnström and members of the management team will present Kindred's long-term strategic direction and priorities for the coming years.
Priorities include:
- Gaining further market share by being a trusted source of entertainment in Kindred's existing core markets in Europe and Australia, which are expected to grow with a CAGR of 7 per cent between 2021 and 2026.
- Developing a strong position in the Netherlands, a market generally expected to grow significantly in the coming years according to H2 Gambling Capital, thanks to the efficient completion of a stringent license process, trusted brand recognition and local experience.
- Leveraging strategic investments such as the Relax Gaming acquisition and the development of the Kindred Sportsbook Platform ("KSP"), where increased flexibility, scalability and access to unique product content will differentiate Kindred from competition.
- Building on the solid market foundation established in North America as this region matures and focus on customer experience increases.
"I am delighted to share a more detailed view of our strategic direction and priorities we have set out at Kindred. We have been a driving force in the transformation of the industry and understood early on the requirements to succeed in a locally regulated and complex environment. We now have critical building blocks in place, and I am fully confident in the direction we are taking", says Henrik Tjärnström, CEO Kindred Group.
"It is also very encouraging to see the progress being made in the development of our Kindred Sportsbook Platform, with key milestones already achieved, towards a selected market launch around year-end 2023", says Henrik Tjärnström, and continues. "The entry into the Netherlands has also exceeded our expectations and we are well under way to reach our ambition of a 15 per cent market share by the end of the year."
2025 financial targets
Kindred will present detailed information underpinning how the Group is accelerating the execution of its strategy, including new financial targets that the Board has decided on.
- Revenue of above GBP 1.6 billion
The expected revenue increase is built on Kindred's focused strategy and by utilising the significant growth opportunities in the existing markets. Kindred operates a balanced portfolio of markets in different stages of maturity, providing opportunities to benefit from both the expected underlying market growth and further market share gains. Netherlands is expected to be an important contributor during the coming years along with improved product differentiation and unique content supply.
- Underlying EBITDA margin of 21 - 22 per cent
Kindred's focus on increased product control and scalability are fundamental in driving profits in locally regulated markets. The expected revenue growth combined with continued cost optimisation and scalability is anticipated to support Kindred's target to reach an Underlying EBITDA margin of 21 - 22 per cent in 2025. The investment in KSP will drive scalability and is expected to generate positive cash flow contribution in 2025. The total costs for Kindred's sports betting business are expected to decrease by approx. 30 per cent after full implementation, which is expected beyond 2025.
- Distribution policy of ~75 - 100 per cent of free cash flow (after M&A)
The Board of Directors has decided to revise the previous dividend policy. Kindred's new dividend policy is to generate a stable ordinary dividend in absolute GBP denominated terms, paid in two equal tranches in the second and fourth quarter. In addition, Kindred will complement dividends with share buybacks.
The total pay-out of dividends and buybacks will be based on an assessment taking into account Kindred's financial position, capital structure and future investments needs, including acquisition opportunities. The total pay-out ratio of dividends and buybacks should over time equal about 75 - 100 per cent of free cash flow. Free cash flow is defined as cash flow from operations excluding movements in customer balances, less cash flow from investment activities (including acquisitions) and payments for lease liabilities.
In addition to the financial targets for 2025, Kindred Group will also present guidance elements in relation to the share of Gross winnings revenue from locally regulated markets and capital expenditure.
- Share of locally regulated Gross winnings revenue of around 90 per cent in 2025
Kindred has a strategic objective to generate sustainable and profitable growth in locally regulated markets. During the first half of 2022, the share of locally regulated Gross winnings revenue reached 78 per cent and over the coming years, the share is expected to gradually increase and reach around 90 per cent in 2025.
- Stable Capex as a per cent of revenue
As a per cent of revenues, Kindred's capital investments have been around 4 per cent during the last few years. Kindred will continue to invest in the development and enhancement of the proprietary and bespoke technology platform to improve among others customer experience and data analytics and meet changes in local licensing requirements. Kindred will also continue to invest in the development of KSP and despite these ongoing development projects, the capital investments are expected to remain relatively stable as a percentage of revenue.
Trading update and indicative guidance for the third quarter 2022
As part of the CMD, Kindred provides more clarity on the performance for the period 1 July to 11 September and a non-recurring indicative guidance for the third quarter 2022. The trading update shows a solid Gross winnings revenue development driven by high activity across markets.
The average daily Gross winnings revenue for the Group, up to and including 11 September 2022, was GBP 2.9 million, 12 per cent (12 per cent in constant currency) lower than the daily average for the full third quarter of 2021. Excluding the Netherlands, the average daily Gross winnings revenue for the Group, up to and including 11 September 2022, was GBP 2.6 million, 6 per cent (7 per cent in constant currency) higher than the daily average for the full third quarter of 2021.
On the completion of a stringent license application and regulatory review process, Kindred launched in the Netherlands on 4 July and, during the period from going live up to and including 11 September, the average daily Gross winnings revenue for the Netherlands was GBP 317 thousand, increasing gradually throughout the period.
Depending on activity levels and the sports betting margin for the remainder of the quarter, Kindred estimates the revenue for the third quarter of 2022 to be in the range of GBP 270 to 280 million.
Underlying EBITDA for the third quarter of 2022 is estimated to be in the range GBP 37 to 42 million (Q3-2021: GBP 84.8 million).
Capital Markets Day presentation and video recording
The presentation material will be made available on www.kindredgroup.com/investors/capital-markets-day-2022/ at around 13:00 CEST on 14 September 2022, and the video recording from the day will be made available on www.kindredgroup.com later the same day.
This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 14-09-2022 07:30 CET.
For more information:
Patrick Kortman, Director - Corporate Development & Investor Relations, +46 723 877 438
Linda Lyth, Investor Relations Manager, +46 767 681 337
ir@kindredgroup.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Kindred Group | https://www.kxii.com/prnewswire/2022/09/14/kindred-group-presents-new-financial-targets-provides-detailed-update-its-strategy/ | 2022-09-14T06:53:17Z |
- Distinctive notches on the Touch Card allow blind and partially sighted people to easily distinguish card
DUBAI, UAE, Sept. 1, 2022 /PRNewswire/ -- Mastercard and Ajman Bank have strengthened their commitment to inclusion through a new initiative designed to expand access to the digital economy. The world-first Touch Card is an accessible payment card that will allow blind and partially sighted people to easily facilitate payments and distinguish between their cards.
There are few effective ways for those who are blind or who have reduced vision to quickly determine whether they're holding a credit, debit, or prepaid card, particularly as more cards move to flat designs without embossed names and numbers. Mastercard is addressing this challenge with a simple innovation and has introduced a system of notches on the side of the card to help consumers use the right card, the right way.
"At Ajman Bank inclusion is an integral aspect of our corporate culture and social responsibility. Innovation has the power to change the world for the better. We are delighted to partner with Mastercard to be the first movers to help drive this innovative solution that will help us to respond to everyone's needs. For visually impaired customers, selecting the right card can very often be a challenging experience. Touch Card allows consumers to quickly distinguish which card they are using through the three distinct notches. We've always appreciated Mastercard's vision for thinking of new ways to innovate and do things differently to serve more people," said Mohamed Amiri, Chief Executive Officer, Ajman Bank.
Moza Al Akraf Al Suwaidi, Undersecretary of the Ministry of Community Development said: "Accessibility is a human right and this latest initiative by Mastercard will open new possibilities for the inclusion of individuals with visual impairment into the digital economy. Ajman Bank's collaboration with Mastercard will make daily life easier for a lot of people. It aligns with UAE's social and community goals to promote an inclusive environment for everyone by tapping into the infinite power and potential of technology to enrich people's wellbeing regardless of their capabilities."
"This initiative is taking inclusion to the next level as we look to promote accessibility in new and meaningful ways. This world-first collaboration with Ajman Bank to introduce the Mastercard Touch Card will offer a greater level of independence and security to blind and partially sighted individuals across the UAE," shared Raja Rajamannar, Chief Marketing & Communications Officer and President of Healthcare, Mastercard.
The Touch Card has been designed to work with point-of-sale terminals and ATMs, ensuring they can be deployed at scale - the credit cards have a squarish notch; debit cards have a rounded notch; and prepaid cards have a triangular notch. As well as blind and partially sighted consumers, anyone in a low-light environment or reaching into a wallet or purse one-handed can benefit from the Touch Card design.
The Ajman Bank Touch Card further offers benefits to suit each cardholder's unique needs, including cash back benefits of up to 10 per cent that can be selected from across four categories: fuel, online spend, groceries and school fees.
According to the latest available data, 15% of the global population experience some form of disability, constituting the largest minority group in the world. The World Health Organization estimates that, globally, at least 2.2 billion people have sight problems. A recent Mastercard study, Bridging the Disability Gap: An Opportunity to Make a Positive Impact, revealed that digital inclusion is the pathway to financial inclusion for persons with disabilities. It highlights that there is a clear opportunity for the industry to work collaboratively to make a positive impact on the lives of millions of people around the world.
Mastercard's concept has been vetted and endorsed by The Royal National Institute of Blind People (RNIB) in the UK and VISIONS/Services for the Blind and Visually Impaired in the US. The card was co-designed by IDEMIA, the global leader in Augmented Identity, providing trusted solutions in the physical as well as digital space.
Notes to the editor:
The Touch Card has received several recognitions for its innovative concept and design, namely:
- Touch Card was named a finalist in Fast Company's prestigious World Changing Ideas Awards in the "General Excellence" category
- The Royal National Institute of Blind People (RNIB) honored Touch Card as a finalist in the "Design for Everyone" category in their annual awards program
- Disability:IN awarded the 2022 Marketplace Innovator of the Year Award to Mastercard for Touch Card
- Touch Card won two Silver and 1 Bronze at the Cannes Lions Awards
- Earlier this year, the card design itself was named a finalist at the International Card Manufacturers Association (ICMA) Elan Awards
About Mastercard
Mastercard (NYSE: MA), www.mastercard.com, Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Photo - https://mma.prnewswire.com/media/1889896/ULTRACASH_FCARD.jpg
Logo - https://mma.prnewswire.com/media/1889894/Ajman_Bank_Logo.jpg
Logo - https://mma.prnewswire.com/media/1889895/Mastercard_Logo.jpg
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SOURCE Ajman Bank & Mastercard | https://www.wibw.com/prnewswire/2022/09/01/ajman-bank-launch-worlds-first-mastercard-touch-card-driving-inclusion-across-uae/ | 2022-09-01T13:42:01Z |
BEIJING (AP) — China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities shut down to fight coronavirus outbreaks, but the government said a “stable recovery” is under way after businesses reopened.
The world’s second-largest economy shrank by 2.6%, down from the January-March period’s already weak 1.4%, official data showed Friday. Compared with a year earlier, which can hide recent fluctuations, growth slid to 0.4% from the earlier quarter’s 4.8%.
Activity was “much weaker than expected,” Rajiv Biswas of S&P Global Market Intelligence said in a report.
Asian stock markets were mixed following the news. Hong Kong was down 0.8% at mid-morning while Shanghai, Tokyo and Seoul gained.
Anti-virus controls shut down Shanghai, site of the world’s busiest port, and other industrial centers starting in late March, fueling concerns global trade and manufacturing might be disrupted. Millions of families were confined to their homes, depressing consumer spending.
Factories and offices were allowed to start reopening in May, but economists say it will be weeks or months before activity is back to normal. Economists and business groups say China’s trading partners will feel the impact of shipping disruptions over the next few months.
“The resurgence of the pandemic was effectively contained,” the statistics bureau said in a statement. “The national economy registered a stable recovery.”
Data on factory output, consumer spending and other activity suggest overall growth was even weaker than the headline figure, Julian Evans-Pritchard of Capital Economics said in a report.
“Even accounting for June’s strength, the data are consistent with negative y/y (year-on-year) growth last quarter,” Evans-Pritchard wrote. “This isn’t the first time that the official GDP figures have seemingly understated the extent of an economic downturn.”
The slump hurts China’s trading partners by depressing demand for imported oil, food and consumer goods.
China’s infection numbers are relatively low, but Beijing responded to its biggest outbreak since the 2020 start of the pandemic with a “zero-COVID” policy that aims to isolate every person who tests positive. The ruling party has switched to quarantining individual buildings or neighborhoods with infections but those restrictions covered areas with millions of people.
Repeated shutdowns and uncertainty about business conditions have devastated entrepreneurs who generate China’s new wealth and jobs. Small retailers and restaurants have closed. Others say they are struggling to stay afloat.
Cheng Hong, a mother of one who owns the Qifei Travel Agency in Shijiazhuang, southwest of Beijing, said business is down more than 80%.
“I almost couldn’t hold on, but I am lucky to see the start of a recovery,” said Cheng.
The ruling Communist Party is promising tax refunds, free rent and other aid to get companies back on their feet, but most forecasters expect China to fail to hit the ruling party’s 5.5% growth target this year.
Other major economies report growth compared with the previous quarter, which makes their levels look lower than China. Beijing for decades reported only growth compared with the previous year, which hid short-term fluctuations, but has started to release quarter-on-quarter figures.
Forecasters say Beijing is using cautious, targeted stimulus instead of across-the-board spending, a strategy that will take longer to show results. Chinese leaders worry too much spending might push up politically sensitive housing costs or corporate debt they worry is dangerously high.
Growth for the first half of the year was 2.5% over a year earlier, one of the weakest levels in the past three decades.
Retails sales were off 0.7% from a year earlier in the first half after plunging 11% in April.
Song Haixia, a shopkeeper who sells food and cigarettes in the northern city of Taiyuan, said sales have fallen by up to 70% to as little as 300 yuan ($45) a day. She said migrant workers who were among her customers were driven away by anti-virus measures.
“People are just not making money,” said Song, 45, the mother of two children. “I am not very optimistic about future prospects.”
Investment in factories, real estate and other fixed assets climbed 6.1%, reflecting the ruling party’s effort to stimulate growth by boosting spending on public works construction and ordering state-owned companies to spend more.
China also faces headwinds from weak global demand. Exports jumped 17.9% in June over a year earlier, but forecasters say that reflected ports clearing out cargo after anti-virus curbs lifted. They say growth is likely to fall back.
Slowing growth in the United States and Europe “could weaken demand for China’s manufacturing exports,” said Biswas.
China rebounded quickly from the pandemic in 2020, but activity weakened as the government tightened controls on use of debt by its vast real estate industry, which supports millions of jobs. Economic growth slid due to a slump in construction and housing sales.
Investors are waiting to see what happens to one of China’s biggest developers, Evergrande Group. It has struggled since last year to avoid defaulting on $310 billion owed to banks and bondholders.
___
AP researcher Yu Bing in Beijing contributed. | https://cw33.com/business/ap-business/chinas-economic-growth-falls-to-0-4-amid-virus-shutdowns/ | 2022-07-15T18:59:56Z |
At 908 Smithfield Way, Suite 104
FORT MILL, S.C., Aug. 15, 2022 /PRNewswire/ -- BenchMark Physical Therapy opened an outpatient clinic today at 908 Smithfield Way, Suite 104.
The Fort Mill-Doby's Bridge clinic, as it is known, is open 7 a.m. to 7 p.m. Monday through Thursday and 7 a.m. to 3 p.m. Friday. To make an appointment, call 803-470-4933 or visit benchmarkpt.com.
BenchMark offers outpatient orthopedic physical therapy, including manual therapy, injury prevention, return to performance, total joint replacement and pelvic health programs.
Clinic director Melissa Terpstra earned a bachelor's degree in kinesiology from Chapman University in Orange, Calif., and a doctor of physical therapy degree from the University of Southern California.
Terpstra, who has more than 15 years of experience with outpatient orthopedic rehabilitation, is certified in dry needling and is a women's health specialist, treating pelvic pain, incontinence, bowel and bladder conditions, prolapse and post-partum recovery.
Benchmark has more than 20 clinics in the Charlotte region and more than 50 in North Carolina.
BenchMark, part of the Upstream Rehabilitation family of clinical care, offers access to care within 24 hours and works with all insurance types.
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SOURCE Upstream Rehabilitation | https://www.mysuncoast.com/prnewswire/2022/08/15/benchmark-physical-therapy-opens-fort-mill-dobys-bridge-outpatient-clinic-south-carolina/ | 2022-08-15T15:54:05Z |
DALLAS (KDAF) — Cherry, easily one of the best flavors out there. It goes well in everything: on ice cream, in Coke, and more.
National Cherry Day is Saturday, July 16, and in celebration of cherries, we thought we would check out one of the best cherry dishes: cherry pie. Here are the best places to get cherry pie in Dallas, according to Yelp:
- MeLisa The Pie Lady
- Emporium Pies
- Chances Pie & Coffee Shop
- 9 Rabbits Bakery
- Sugar and Spice Bakery
- Haute Sweets Patisserie
- Norma’s Cafe
- Cindy’s NY Deli & Restaurant
For more suggestions, visit Yelp. | https://cw33.com/news/local/where-to-get-the-best-cherry-pie-in-dallas-according-to-yelp/ | 2022-07-16T15:51:43Z |
New "Chuck Norris-Approved" Emergency Food Supply Kit Is a Convenient, Shelf-Stable Storage Solution, Great For Everyday and Emergency Use, Keeping You Prepared and Ready for Whatever Comes Next
HOUSTON, April 13, 2022 /PRNewswire/ -- From natural disasters to outdoor adventures to life's daily demands, new emergency preparedness foods, and dietary supplements brand Roundhouse Provisions™ has launched today, providing an easy and healthy way to be prepared and satisfied in any situation. Chuck Norris, who is recognized around the world as an action hero, an authority on health and fitness, and an avid outdoorsman, will offer his stamp of approval, and act as spokesperson for the emergency preparedness foods and dietary supplements brand.
"Food access instability caused by job loss, the pandemic, and natural disasters is at an all-time high. Roundhouse Provisions provides you peace of mind and helps make sure you're always prepped and ready no matter what comes next. They use delicious, high-quality ingredients that help you and your family stay strong and ready to tackle any situation, in any location, any time without notice," said Norris.
The company's first product at launch is an Emergency Food Supply Kit ($249.95). Like all Roundhouse Provisions products, this one is "Chuck Norris approved." These meals are the ultimate in easy preparation, requiring just water and heat to prepare delicious and nutritious food to maximize performance when you need it the most. Utilizing stackable containers to provide easy, efficient storage, each container holds 76 tasty, individually packaged, nutrient-packed meals, ready to go at a moment's notice. Meal options include spicy Habanero Chili, Baked Potato Cheese Soup, Creamy Pasta Primavera, Chicken Flavored Teriyaki with Rice, and more. These meals are also an easy alternative to cooking or daily delivery when you experience a limitation in food choices due to location and environment. When you experience extremes beyond your control, you need a product as effective as Chuck Norris' famous roundhouse kick.
For more information on Roundhouse Provisions products and to purchase online, visit roundhouseprovisions.com.
VIDEO AVAILABLE HERE; PHOTOS AVAILABLE HERE
Keeping you prepared and ready for whatever comes next. Everyone needs a Preparedness Kit. The goal of Roundhouse Provisions™ is to make sure people are always prepared and ready, from every day to the emergency to the extraordinary circumstance that can occur at any time without notice. American martial artist, film and television star, an authority on health and fitness, and avid outdoorsman Chuck Norris will act as spokesman for Roundhouse Provisions. Roundhouse Provisions uses high-quality ingredients to give people a delicious way to stay strong and ready to handle any situation that life throws their way. Roundhouse Provisions specializes in crafting food and dietary food supplements to support people to reach their maximum performance when they need it the most. Emergencies can occur any time without notice and when they do, Roundhouse Provisions wants to help you be ready. Follow on Instagram @roundhouseprovisions, on Twitter @RoundhouseProv, on YouTube @RoundhouseProvisions.
Film and television star Chuck Norris is recognized the world over as an action hero. He's also lived the role in real life — as the former Karate World Champion and a member of the U.S. Air Force. Like the heroic characters he portrays, people know Chuck as a man who's honest, always prepared, and good to have around in an emergency. Follow him on Instagram @chucknorris.
Media Contact:
Ashley Beenen
Stanton & Company
ashley@stanton-company.com
231-878-0888
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SOURCE Roundhouse Provisions | https://www.kxii.com/prnewswire/2022/04/13/announcing-roundhouse-provisions-new-emergency-preparedness-foods-dietary-supplements-brand-master-outdoorsman-action-hero-chuck-norris/ | 2022-04-13T13:57:28Z |
ORLANDO, Fla., Sept. 6, 2022 /PRNewswire/ -- As Mississippi's capital city, Jackson, faces an unprecedented water shortage crisis, National Airlines donated and airlifted hundreds of cases of drinking water to the city, as part of its social responsibility initiative. Over 150,000 people in the city are left without safe running water after the city's main water treatment facility failed due to the recent flooding.
The National Airlines A330-200 flight from Fort Lauderdale to Jackson was transporting a prominent school band along with their specialized equipment in the cargo belly. The crew and operations team used the remaining luggage space as an opportunity to load the water cases, making sure the needed supplies reached Jackson on time for distribution.
"National has always been in the forefront of transporting immediate relief supplies to crisis-hit regions. Be it COVID-19 medical supplies or essential supplies during natural calamities, National Airlines aircraft airlifts supplies to the most affected areas for timely distribution. The recent efforts to bring drinking water to Jackson, is yet another opportunity for us to serve people when in dire need", remarked Christopher Alf, Chairman, National Air Cargo Holdings, Inc.
The recent flooding of the Pearl River led to the failure of pumps at the Jackson water treatment plant. This decreased the water supply to households this week. Currently, state officials and voluntary organizations are coordinating efforts to distribute safe drinking water to each household as the situation gets better in the region. People are also advised to boil water before using it for essential purposes.
National Airlines is a U.S. FAA-certificated Part 121 air carrier, with a fleet of B747-400Fs, along with A330-200 and B757 200 which are used to provide global cargo and passenger solutions. National Air Cargo provides international freight forwarding, sea-to-air multi-modal transportation, and logistics solutions worldwide. Established in 1991, the global reach of National is maintained via strategically located offices around the world; these locations include the U.S., Germany, Japan, Malaysia, Netherlands, United Arab Emirates, and China. Learn more about National at www.GoNational.com
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SOURCE National Airlines | https://www.kxii.com/prnewswire/2022/09/06/national-airlines-airlifts-hundreds-drinking-water-cases-amidst-crisis-mississippi/ | 2022-09-06T20:36:05Z |
Celebrate Childhood Cancer Awareness Month by joining the Tampa St. Jude Walk/Run
Published: May. 26, 2022 at 4:59 PM EDT|Updated: 17 minutes ago
SARASOTA, Fla. (WWSB) - St. Jude Children’s Research Hospital is holding a walk/run in honor of childhood cancer awareness month at Amalie Arena.
Registration for this event is available online and in-person and the fee for all walkers is $25 who would like to Opt-In to be a timed runner.
This event is a family-friendly event that unites people together behind the lifesaving mission: finding cures and saving children.
The goal of this event is to raise funds and awareness for the St Jude mission which assists them in strategic plans that could help kids having cancer.
For more information on this event contact Nicole Haau at nicole.huau@alsac.stjude.org or 813-541-1306
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/26/celebrate-childhood-cancer-awareness-month-by-joining-tampa-st-jude-walkrun/ | 2022-05-26T21:18:35Z |
Which clear phone case is best?
Phone manufacturers work hard to make visually engaging phones, but most people immediately cover their hard work with colorful phone cases. If you enjoy your phone’s natural design but still want a little protection, grab a clear case instead. Some cases meet in the middle by including a touch of color or some other design element without becoming opaque.
The best clear phone case is the Oribox Clear Phone Case. It packs in multiple layers of protection and offers tinted clear cases in addition to a standard clear option.
What to know before you buy a clear phone case
What phone do I have?
This is the first question to ask yourself before you begin shopping for a clear phone case. Every phone is built differently, even phones from the same manufacturer that look like they’re identical. If you don’t buy a case that’s specifically made for your phone, you could cover the ports, buttons and camera lenses.
If you don’t know the answer, finding it is easy. All you need to do is go into your phone’s settings and look for the “about” section. Your model name and number are there, and either can be used to narrow your search results to matching cases.
Design
Clear phone cases are usually just plainly translucent all over, but they don’t have to be. Many are tinted with a range of colors, either only on the sides or all over. Other cases may have an opaque design on the back that still leaves room for translucency around it.
What to look for in a quality clear phone case
Protection level
Clear phone cases offer different degrees of protection.
- Light: Most clear phone cases offer light protection. These cases cling tightly to the phone to avoid adding bulk. Mild drop protection is about all you can expect.
- Moderate: Bulkier clear cases offer moderate protection. This can include strong drop protection, raised edges to protect the screen and camera lenses and anti-slip sides for a better grip.
- Heavy: Few, if any, clear cases offer heavy protection, as this class usually involves hiding the phone in multiple thick layers.
Screen protector
Some clear cases come with either a built-in screen protector or are bundled with a screen protector you need to apply.
- Built-in screen protectors are typically thin sheets of plastic that cover the screen. These can make it harder for your phone to detect inputs, but it’s also easier to use and maintain.
- Bundled screen protectors are separate sheets of plastic or glass that need to be applied. Your inputs aren’t affected, but the application process can be difficult; trapping specks of dust underneath is one of the most common issues.
Wireless charging compatibility
As wireless charging continues to become more utilized, many phone case manufacturers look to ensure their cases are thin enough not to block wireless charging from working. Most clear cases are thin enough, but thicker and more protective cases may not be compatible.
How much you can expect to spend on a clear phone case
Clear phone cases are typically more simple than other cases, so their cost is frequently lower. Most cost around $5-$15 but some of the more rugged or brand-name options might cost up to $30.
Clear phone case FAQ
Do clear phone cases offer warranties?
A. Some do. Whether a phone case offers a warranty is an easy way to determine its quality. The best offer lifetime warranties and will send you a replacement case for free should the original break in the line of duty.
Are clear phone cases made of recycled materials?
A. Some are. This isn’t a feature that’s often clearly promoted though. You may need to look hard before you find a case that’s both made of recycled materials and worth buying. Additionally, clear cases made of recycled materials tend to be more expensive.
An easier option to find is a clear case made of recyclable materials such as something plant-based. These are also more expensive than most plastic cases.
What’s the best clear phone case to buy?
Top clear phone case
What you need to know: This is the perfect blend of protection with limited visual impact.
What you’ll love: The case uses a hard inner layer for high protection and a soft outer layer for impact absorption and hand comfort. The sides have nonslip stripes to make it easier to hold. It comes in plain clear or tinted gray, purple or light blue.
What you should consider: With the extra protection comes extra weight and bulk. Some consumers were unhappy with the case’s degree of water protection.
Where to buy: Sold by Amazon
Top clear phone case for the money
What you need to know: It is slim and offers a solid amount of protection for a good price.
What you’ll love: It has military-grade drop protection and raised edges around the screen and camera lenses to protect it from direct falls. The back is acrylic for scratch protection. It’s compatible with wireless charging. The edges can be plain clear or tinted with black or red.
What you should consider: The camera flash can be caught by the case, lowering its effectiveness. A few customers noted that the red option looks closer to pink.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This case is a good choice if you want as little weight and bulk added as possible.
What you’ll love: It fits tightly against the phone to add effectively no bulk or weight while still helping to prevent scratches and other basic damage. The edges can be plain clear or tinted red or blue. The ports and buttons are precisely cut out so there’s no interference in operation.
What you should consider: There’s no grip assistance, so it can feel a little slick. A few purchasers found the case yellowed over time, starting as soon as six months.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/cell-phones-accessories-br/best-clear-phone-case/ | 2022-08-03T14:43:37Z |
UL Solutions verified Vancouver International Airport's health and wellness measures as travelers return to the skies.
NORTHBROOK, Ill., July 19, 2022 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced that Vancouver Airport Authority has achieved a UL Verified Healthy Building Mark for the Vancouver International Airport (YVR), the world's first airport to receive this designation. Located 12 km from downtown Vancouver on Sea Island in Richmond, British Columbia, and the second busiest airport in Canada, the 378,255 square meter facility recently underwent an extensive process to earn the Verification, demonstrating excellent indoor air quality (IAQ) and water quality. The Vancouver Airport Authority, the not-for-profit organization that manages YVR, a diverse global hub, hosted UL Solutions at YVR as part of the verification process. These visits by UL Solutions included visual inspections, IAQ and water quality performance testing, assessments and recommendations for improved management of all building systems.
"As passenger travel rebounds, it is a critical time for airports to demonstrate a commitment to travelers, employees and the indoor environment by leading with science to help validate quality and cleanliness," said Sean McCrady, director, Asset and Sustainability Performance, Real Estate Properties at UL Solutions. "By being the first ever to earn the UL Verified Healthy Building Mark for Indoor Air and Water for an airport, the Vancouver Airport Authority has taken a significant step in advancing indoor environmental health. Their bold action demonstrates a commitment to putting the health and well-being of YVR passengers and employees first, and we're pleased they are placing their trust in UL Solutions to help them deliver on that promise."
A UL Verified Healthy Building Mark for Indoor Air and Water demonstrates that indoor spaces at YVR provide healthier indoor air quality. It also shows a commitment by the Vancouver Airport Authority to create and maintain indoor environments that support occupant health, well-being and comfort, backed by the globally recognized expertise of UL Solutions in IAQ and building health.
To achieve the UL Verified Healthy Building Mark for Indoor Air and Water, the Vancouver Airport Authority hosted visual inspections and performance testing at YVR to evaluate a range of building conditions. These included:
- Evaluation of building spaces against rigorous methodologies to IAQ and of policies and plans for the continual advancement of IAQ
- Inspections of HVAC systems to verify preventative maintenance and a focus on ventilation, filtration and hygiene to help ensure excellent indoor air quality in the future
- Assessment of building spaces to establish water quality for both human consumption and the prevention of waterborne pathogens
Backed by more than 40 years of indoor environment inspections based on science and data, the UL Verified Healthy Building program utilizes testing methods to verify both indoor air and water quality and aligns with program criteria of industry-recognized, third-party organizations, such as the Environmental Protection Agency (EPA), the National Institute for Occupational Safety and Health (NIOSH), the World Health Organization (WHO), the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), among others.
"YVR is a global connection hub, and we have a responsibility to provide a safe, clean and efficient space for employees, travelers and the general community to move through," said Arran McAteer, director, Facilities Maintenance at Vancouver International Airport. "While the highest environmental health and wellness standards have always been a priority for us, becoming the first airport to earn the UL Verified Healthy Building designation further demonstrates our commitment to providing a best-in-class experience for all who move through YVR."
About UL Solutions
A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers' products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains and grow sustainably and responsibly into the future. Our science is your advantage.
Press Contacts:
Steven Brewster
UL Solutions
ULNews@UL.com
T 1+847.664.8425
Vancouver Airport Authority
media_relations@yvr.ca
T:604-880-9815
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SOURCE UL Solutions | https://www.mysuncoast.com/prnewswire/2022/07/19/vancouver-airport-authority-becomes-first-achieve-ul-verified-healthy-building-mark-an-airport/ | 2022-07-19T19:34:10Z |
Rosalie Lehnert Mueck
Rosalie Lehnert Mueck, 96, of Cameron died Thursday, May 5, 2022 in a Cameron nursing and rehab facility. Visitation will be Wednesday 12:00 noon until 1:00 pm followed by a rosary at 1:00 pm with a funeral Mass at 1:30 pm all at St. Monica Catholic Church. Entombment will be at the St. Monica Mausoleum.
Mrs. Mueck was born April 18, 1926 in Cameron, one of six children born to Richard and Philomena Lehnert. She grew up in Cameron and graduated from CH Yoe High School. She married Paul Mueck on July 5, 1952 and together farmed, ranched and raised their children, Laura and Paul, Jr.
Rosalie was a lifelong member of St. Monica’s Catholic Church where she served with the Ladies Society. Rosalie’s life was serving others and her greatest joy was her children, grandchildren and great grandchildren. She was preceded in death by her husband Paul Mueck and her five siblings. She is survived by: her children, Laura Hawkes and husband Billy, Paul Mueck and wife Sherry; her grandchildren, Lane Hawkes and wife Chelsea, Brandon Hawkes & wife Christina, Princess Burnett and husband Jason; and by her great grandchildren, Scotlyn and Henley Burnett and Landon and Jaxson Hawkes.
Memorials may be made to the St. Monica Church restoration fund or Stained Glass Fund.
Marek-Burns-Laywell Funeral Home in Cameron is in charge of arrangements.
Paid Obituary | https://www.tdtnews.com/obituaries/article_b65add76-cfd7-11ec-9c69-4f360214128b.html | 2022-05-10T10:13:44Z |
Vaccine rollout plan already underway for children under 5
(CNN) - The first COVID-19 vaccinations for children under 5 could start as early as the week of June 20. But as parents wait for a final decision on vaccines for this age group, a rollout plan is already underway.
It’s what many parents have been waiting for: the protection of a COVID-19 vaccine for young children.
“Realistically, it means we could see shots in arms in kids under 5 as early as the week of June 20,” Dr. Ashish Jha, the White House COVID-19 response coordinator, said.
Food and Drug Administration vaccine advisers are set to meet next week to discuss authorizing emergency use of Moderna’s COVID-19 vaccine for children 6 months through 5 years old and Pfizer’s vaccine for children 6 months through 4 years of age.
Pending those decisions, the Centers for Disease Control and Prevention will make final recommendations about the vaccines.
But before that happens, the White House says it’s planning for all scenarios.
Last week, 10 million vaccine doses were made available to preorder for children under 5 and millions more will be ready to go in the coming weeks.
“This approach allows us to seed communities with enough vaccine, so that it is readily accessible and equitably distributed across the country,” said Dawn O’Connell, Health and Human Services assistant secretary for preparedness and response.
While most parents are expected to seek a vaccine from their pediatrician, a senior administration official says additional vaccine clinics and sites will be set up at easy-to-access locations. This would include pharmacies, schools, children’s hospitals, diaper banks, community health centers, clinics, museums, libraries and organizations serving minority communities across the country.
The White House says it’s partnering with state and local governments, health care providers, federal pharmacy partners, national and community-based organizations, and others to ship and distribute vaccines across the country.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/10/vaccine-rollout-already-underway-children-under-5/ | 2022-06-10T17:22:43Z |
OPELOUSAS, La., June 23, 2022 /PRNewswire/ -- St. Landry Homestead Federal Savings Bank ("St. Landry Homestead"), which has proudly served St. Landry Parish and beyond since 1922, announced today it has officially changed its name to Catalyst Bank. The name change comes on the heels of the bank's mutual to stock conversion this past October and the organization of Catalyst Bancorp, Inc. as its parent holding company.
"Our customers played a key role in helping us raise over $50 million in completing our mutual to stock conversion," said Joe Zanco, President and Chief Executive Officer. "Their investment has positioned us to serve as a key catalyst for economic growth across Acadiana like never before. Our new name reflects this commitment."
"Our customers can expect the same incredible service from the same faces they've come to know over the years," said Zanco. "It's important to us that our community understands our new name is not the result of us merging with another institution. We're the same bank, and we're still based right here in St. Landry Parish."
The new name will not affect the bank's normal business operations. From a customer perspective, account numbers, PINs, routing numbers, and other account information will remain the same. Debit cards, credit cards and checks will continue to function normally. Debit card customers will be receiving a new card with the same account number and PIN in July. The new bank name and logo are now reflected across our internet and mobile banking platforms. Visitors to stlandryhomestead.com will be automatically redirected to catalystbank.com. New outdoor signage will be highlighted at local branches during a series of ribbon cuttings on June 27.
"We've been blessed to serve this community for 100 years," said Zanco. "As we begin our second century of service, we're focused on helping businesses grow so they can increase employment and create opportunities for people across our community to better their lives."
Catalyst Bank, formerly St. Landry Homestead, has been in operation in the Acadiana region of south-central Louisiana for 100 years. Catalyst Bank offers commercial and retail banking products through its six full-service branches located in Carencro, Eunice, Lafayette, Opelousas, and Port Barre. With a focus on fueling business and improving lives throughout the region, Catalyst Bank is a full-service bank with $287.3 in assets at March 31, 2022, and is a wholly-owned subsidiary of Catalyst Bancorp, Inc. (Nasdaq: CLST). To learn more about Catalyst Bank, visit www.Catalystbank.com.
For more information:
Joe Zanco, President and Chief Executive Officer
(337) 948-3033
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SOURCE St. Landry Homestead Federal Savings Bank | https://www.wibw.com/prnewswire/2022/06/23/st-landry-homestead-changes-name-catalyst-bank/ | 2022-06-23T13:26:50Z |
BEIJING, June 13, 2022 /PRNewswire/ -- Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE: JT), a leading independent open platform for the discovery and recommendation of financial products in China, today announced that it has changed the timing of its previously announced earnings release and the conference call for the quarter ended March 31, 2022 to Friday, June 17, 2022.
Jianpu's management team will now host its earnings conference call at 8:00 AM US Eastern Time on Friday, June 17, 2022 (8:00 PM Beijing/Hong Kong time on June 17, 2022).
Dial-in details for the earnings conference call are as follows:
Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for "Jianpu Technology Inc.".
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.jianpu.ai.
A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until June 24, 2022, by dialling the following telephone numbers:
About Jianpu Technology Inc.
Jianpu Technology Inc. is a leading independent open platform for the discovery and recommendation of financial products in China. The company connects users with financial service providers in a convenient, efficient, and secure way. By leveraging its proprietary technology, Jianpu provides users with customized search results and recommendations tailored to each user's particular financial needs and profile. The Company also enables financial service providers with sales and marketing solutions to reach and serve their target customers more effectively through integrated channels and enhance their competitiveness by providing them with tailored data, risk management services and solutions. The Company is committed to maintaining an independent open platform, which allows it to serve the needs of users and financial service providers impartially. For more information, please visit http://ir.jianpu.ai.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition and results of operations; the Company's expectations regarding demand for, and market acceptance of, its solutions and services; the Company's expectations regarding keeping and strengthening its relationships with users, financial service providers and other parties it collaborates with; trends, competition and regulatory policies relating to the industries the Company operates in; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Jianpu Technology Inc.
(IR)Oscar Chen, E-mail: IR@rong360.com
(PR)Amanda Hu, E-mail: Media@rong360.com
Tel: +86 (10) 6242-706
Christensen Advisory
Suri Cheng, E-mail: scheng@christensenir.com
Tel: +86 185 0060 8364
Anthony Cheong, E-mail: acheong@christensenir.com
Tel: +852 2232 3922
In US:
Christensen Advisory
Linda Bergkamp, E-mail: lbergkamp@christensenir.com
Tel: +1 480 353 6648
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SOURCE Jianpu Technology Inc. | https://www.wibw.com/prnewswire/2022/06/13/jianpu-technology-inc-changes-date-report-first-quarter-2022-financial-results-june-17-2022/ | 2022-06-13T23:26:01Z |
Chipotle Rewards means real food becomes real free real fast
NEWPORT BEACH, Calif., June 14, 2022 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG), today announced it has officially launched its loyalty program, Chipotle Rewards, in Canada. This is the latest advancement in Chipotle's efforts to make the brand more accessible and to strengthen the relationship with its Canadian community. Chipotle implemented its U.S. loyalty program in 2019 and in only three years, 28 million members have enrolled, making it among the fastest growing loyalty programs in the history of the restaurant industry.
"Chipotle Rewards is another access point for guests to engage with our promise of real ingredients prepared fresh daily, and a way for us to say thank you for joining our mission of Cultivating a Better World," said Anat Davidzon, Managing Director, Chipotle Canada.
To start earning free Chipotle with Chipotle Rewards, fans can sign up in the Chipotle app or at CHIPOTLE.CA/REWARDS. Members of Chipotle Rewards in Canada earn 10 points for every $1 CAD spent in the restaurant, online or in the app. After as few as two purchases, Chipotle Rewards members can earn enough points to start unlocking free Chipotle. Full terms for Chipotle Rewards in Canada can be found at CHIPOTLE.CA/ABOUT-US/REWARDS-TERMS.
Chipotle Rewards brings instant gratification to guests with free chips and guac* after the first purchase as a member and a surprise birthday reward every year. Chipotle Rewards members can earn extra points and collect achievement badges with Extras. The gamified loyalty experience offers personalized challenges allowing members to level up and earn free Chipotle faster.
"We're excited to engage with our Canadian guests in a brand new way with Chipotle Rewards," said Chris Brandt, Chief Marketing Officer. "Our personalized loyalty program allows members to select how they redeem points, earn Extras by participating in challenges, and achieve badges for their achievements."
* Free chips and guac offer legal terms
Free chips and guac offer is for Chipotle Rewards account holders only and may be earned after the first purchase as a participant in the program. $5.00 CAD minimum purchase and presentation of valid Chipotle Rewards account is required. Redemption of free chips and guac is subject to availability, may not be combined with other coupons, promotions or special offers, is not valid on catering orders, and is void where prohibited. Offer expires 12/31/22; additional restrictions may apply.
Guests ordering digitally can also round up their bill to the next highest dollar amount to donate to Chipotle's nonprofit partners. To celebrate Pride month, Chipotle is spotlighting Egale, Canada's leading organization for 2SLGBTQI people and issues, in its app and on CHIPOTLE.CA. Since launching its Round Up for Real Change program in 2020, Chipotle has raised over $12 million USD for non-profit partners in the U.S.
Chipotle is Cultivating a Better World by serving responsibly sourced, classically-cooked Mexican-inspired cuisine with wholesome ingredients and no artificial colours, flavours or preservatives. Committed to Food with Integrity, Chipotle's real food is cooked fresh daily with no freezers or can openers in its restaurants.
Chipotle is the only restaurant company of its size that owns and operates all of its restaurants. The company currently has 28 restaurants in Canada, with plans to open four additional locations in British Columbia and Ontario this summer. Last week, Chipotle opened its 10th restaurant in Toronto in the Liberty Village neighborhood. The new location at 109 Atlantic Avenue, Toronto, ON M6K 2K1 serves healthy and nourishing bowls, burritos, tacos, and salads daily from 10:45 a.m. to 10 p.m.
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colours, flavours or preservatives. Chipotle had over 3,000 restaurants as of March 31, 2022, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. Chipotle is ranked on the Fortune 500 and is recognized on the 2022 list for Fortune's Most Admired Companies. With over 100,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. For more information or to place an order online, visit WWW.CHIPOTLE.CA.
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SOURCE Chipotle Mexican Grill, Inc. | https://www.wibw.com/prnewswire/2022/06/14/chipotle-expands-digital-access-with-loyalty-program-launch-canada/ | 2022-06-14T13:16:57Z |
8-year-old detained by police in New York
SYRACUSE, N.Y. (WSTM) - A video of an 8-year-old child being led to a police car in tears has gone viral.
It is now the focus of an internal review by police, who said the child was not handcuffed, arrested or charged, but authorities said they are still reviewing body camera video from all three officers and from a nearby surveillance camera.
Kenneth Jackson saw police leading the boy to a patrol car and felt compelled to start recording.
“I felt his terror and decided to intervene,” he said.
In the video, Jackson accuses the police of detaining the boy over a bag of chips. He feels police did not handle the situation properly.
“There’s a way that the police need to interact with kids, and what they did that day was completely unacceptable,” he said.
Policing expert Dr. Keith Taylor said that after seeing the video himself, he thinks police did what they are supposed to do.
They detained the child, put him in the back of the car and drove him home to his family.
“You don’t see any inappropriate use of force by the officers. They’re simply doing their job,” he said.
The video shows Jackson yelling at the officers to let the boy go and officers raising their voices at Jackson, saying he does not know what is happening.
Jackson said he wishes he would have handled the interaction with officers a bit differently.
“Maybe I could’ve toned down my dialect, the profanity, things of that nature. Those things I could’ve done,” he said.
Taylor said that while many times a community member wants to protect any young person being detained, he said in this case, police were doing their job.
“Officers will wait for their supervisor to respond. If the supervisor is delayed, and they’re sitting and waiting there, meanwhile, the community is getting more people, and they’re getting more and more outraged and they’re feeling their own concern,” he said.
Taylor said the focus of the story has now changed.
“The focus seems to be on a bag of chips and not on the concerns of the store owners, the potential pattern and the child himself,” he said.
Ben Walsh, the mayor of Syracuse, said the officers knew the child from prior interactions. He said the officer explained to the child that he would be taken home.
The officers are still on duty.
Copyright 2022 WSTM via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/04/20/8-year-old-detained-by-police-new-york-caught-video/ | 2022-04-22T09:26:57Z |
Largest Black-Owned Bank Joins with Black-Led Small Business Lender
LOS ANGELES, April 11, 2022 /PRNewswire/ -- OneUnited Bank, the nation's largest Black-owned bank, joins with Lendistry, a Black-led fintech, to provide small business loans to OneUnited Bank customers. The Bank's continuing mission is to close the racial wealth gap by providing a resource for term loans and non-revolving lines of credit to small businesses nationwide.
As part of its mission, OneUnited Bank introduced its OneTransaction program and podcast to encourage Black Americans to focus on "one transaction" to close the wealth gap for their family. The six options include a profitable business, homeownership, savings & investments, an improved credit score, wills, and insurance. With Lendistry, the Bank can support customers who are business owners seeking funds to expand, buy an existing business or finance working capital.
Lendistry is a Black-led fintech and a leader in providing equal access to capital for small business owners. Since 2015, minority, women and veteran-owned businesses have trusted Lendistry to help them grow. Lendistry offers funding for working capital, expansion, tenant/leasehold improvements, debt consolidation and to buy existing businesses.
"We began our relationship with Lendistry in 2020 with the Paycheck Protection Program (PPP) and continued in 2021 with our OneTransaction Program," states Teri Williams, OneUnited Bank President. "We're proud to expand our relationship in 2022 to offer small business loans to our customers nationwide".
"Access to capital for the expansion of small businesses is what we do," said Kerrington Eubanks, SVP of Strategic Partnerships for Lendistry. "We are happy to be a resource for OneUnited Bank's small business customers to connect with us directly to explore new economic opportunities."
Lendistry is a resource for all OneUnited Bank customers for small business loans through OneUnited Bank's online banking platform and highly rated mobile app. Business owners can access the resource, in its app or in online banking, even if their business does not have a business banking relationship with OneUnited Bank. Qualifications, terms, and conditions apply which are determined by Lendistry.
For more information, please visit: www.oneunited.com/businessloan.
Media Contact: Suzan McDowell, Circle of One Marketing, suzan@circleofonemarketing.com, or 305-576-3790
About OneUnited Bank
OneUnited Bank (www.oneunited.com) is the premier bank for urban communities, the largest Black-owned bank, the first Black internet bank and a Community Development Financial Institution (CDFI). Its mission is to provide affordable financial services to support economic development in urban communities and maintain superior financial performance to maximize shareholder value. OneUnited is an FDIC insured bank and an equal housing lender.
About Lendistry
B.S.D. Capital, Inc. dba Lendistry (www.lendistry.com) is a Black-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certifications. Lendistry is one of the top ranked SBA Community Advantage Lenders nationwide, providing responsible financing to small business owners and their underserved communities. Lendistry is a member of the Federal Home Loan Bank of San Francisco, headquartered in a Los Angeles Opportunity Zone. During the COVID-19 pandemic, Lendistry provided Paycheck Protection Program (PPP) loans to small businesses in all 50 states and was selected by the states of California, Pennsylvania and New York to administer their small business relief programs, which distributed grants to businesses that lost significant revenues during the pandemic. Lendistry is dedicated to supporting economic opportunities and progressive growth for underserved urban and rural small business borrowers and their communities.
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SOURCE OneUnited Bank | https://www.wibw.com/prnewswire/2022/04/11/oneunited-bank-joins-with-lendistry-offer-small-business-loans-nationwide/ | 2022-04-11T15:38:57Z |
LOS ANGELES, June 15, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Energy Transfer LP ("Energy Transfer" or the "Company") (NYSE: ET).
Class Period: April 13, 2017 – December 20, 2021
Lead Plaintiff Deadline: August 2, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Energy Transfer had inadequate internal controls and procedures to prevent contractors from engaging in illegal conduct with regards to drilling activities, and/or failed to properly mitigate known issues related to such controls and procedures; (2) Energy Transfer through its subsidiary Rover Pipeline, LLC hired third-party contractor to conduct HDD for the Rover Pipeline Project, whose conduct of adding illegal additives in the drilling mud caused severe pollution near the Tuscarawas River when a large inadvertent release took place on April 13, 2017; (3) Energy Transfer continually downplayed its potential civil liabilities when the FERC was actively investigating the Company's wrongdoing related to the April 13 Release and consistently provided it with updated information about FERC's findings on this matter; (4) these issues were foreseeably likely to subject Energy Transfer to increased governmental scrutiny and enforcement, as well as increased reputational and financial harm, and would also materially impact Energy Transfer's financial results; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.mysuncoast.com/prnewswire/2022/06/15/et-investors-have-opportunity-lead-energy-transfer-lp-securities-fraud-lawsuit/ | 2022-06-15T15:26:20Z |
WASHINGTON, April 25, 2022 /PRNewswire/ -- This World Malaria Day 2022, Malaria No More India and Facebook owner Meta, announce an expansion of their malaria campaign partnership established in 2020 to combat the deadly disease in India.
Over the next five years, in an effort to help India achieve its goal to become malaria free by 2030, the partnership commits to expanding the successful "Bite Ko Mat Lo Lite" (Hinglish for "Don't Take the Bite Lightly") national campaign, raising awareness around the risk of vector-borne diseases during India's monsoon season.
The campaign will build upon its 2020 and 2021 outreach efforts that reached over 300 million people via a Facebook ad campaign to deliver life-saving messages about preventing malaria, getting tested, and seeking treatment within 24 hours.
In India's rural communities, where internet connectivity is less accessible – and yet India's malaria burden is at its highest - the partnership aims to leverage Meta's community-based WhatsApp messenger service to support grass roots messaging and peer-to-peer learning among vulnerable populations.
The Bite Ko Mat Lo Lite campaign in India has been shown to increase knowledge about malaria among vulnerable populations, and to influence preventative behavior such as the use of long-lasting insecticide treated bed nets. Malaria No More and Meta have designed the campaign to be easily replicated in other malaria-affected countries with minor modifications to meet epidemiologic and cultural differences.
"We are delighted to partner with Meta as we expand our work in India, leveraging their unique ability to tailor and target our life-saving messages using hyperlocal platforms like WhatsApp," says Martin Edlund, Malaria No More CEO. "Multimedia campaigns like Bite Ko Mat Lo Lite are a critical factor in ending the world's oldest and deadliest pandemic, in one of the world's most populous countries."
"At Meta, we understand the power of communities and how behavior change can be driven by effective campaigns. Bite Ko Mat Lo Lite is an excellent example of inculcating preventive behavior at the grassroot level towards eliminating malaria. Our partnership with Malaria No More India, reiterates our commitment to be the force of good in the country and leveraging our platforms for improving lives. Since its inception, in 2020, the campaign has successfully encouraged individuals, families and communities to take steps to protect themselves from this preventable yet deadly disease," says Ajit Mohan, Vice President and Managing Director, Meta India.
Media Contact: Mindy Mizell, mindy.mizell@malarianomore.org
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SOURCE Malaria No More | https://www.wibw.com/prnewswire/2022/04/25/malaria-no-more-meta-announce-expansion-malaria-campaign-partnership/ | 2022-04-25T19:44:07Z |
SAVANNAH, Ga., June 1, 2022 /PRNewswire/ -- City Wide Facility Solutions, the leading management company in the building maintenance industry, is opening a location in Savannah — making this the third location in Georgia. The new office in Savannah serves several areas, from down south in Brunswick to up north into Orangeburg, South Carolina.
Local building owners and property management companies throughout Savannah and surrounding areas now have access to a single-source solution for all their facility management needs. Rick Cobden, president, and Nick MacKinnon, general manager, have partnered to open City Wide Facility Solutions at 6001 Chatham Center Drive, Suite 255 in Savannah. This is the third City Wide Facility Solutions office opened by Rick with the other offices in Greenville and Charleston.
"Nick is a big reason why we have the ability to open another location. He has helped us expand significantly when it comes to our client base," said Cobden. "Both Nick and I want to continue the City Wide mission of spreading the ripple and making a positive impact on our communities whether that be through the work we do every day or what we do outside of work — Savannah is the perfect opportunity to do that."
Cobden has been involved with City Wide since 2009 — finding it rewarding to be able to build the brand in the Carolinas through the years. Nick MacKinnon joined Cobden at City Wide Facility Solutions in 2013 as a sales associate. He then worked his way up to director of operations before taking on his role as general manager. For the past two years, he has been managing both the offices in Greenville and Charleston with a focus on growth, leading to the locations earning the highest honor of 'Platinum Market' from the City Wide Home Office for having more than $1 million in revenue and a 95% client retention rate.
Playing an instrumental role in boosting local economies, City Wide Facility Solutions puts business back into the community by partnering with smaller, independent and locally owned companies to execute services. Aligning with independent companies ensures clients have access to more specialized services while providing an opportunity for small businesses to develop alongside a reputable national company.
For more information about City Wide Facility Solutions in Savannah and the services it offers, please visit savannah.gocitywide.com or call (864) 327-1751.
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SOURCE City Wide Facility Solutions | https://www.wibw.com/prnewswire/2022/06/01/city-wide-facility-solutions-opens-new-office-savannah/ | 2022-06-01T17:20:30Z |
The 50-million-dollar investment will place the Company as world leader in the production and commercialization of chili-based products.
HOUSTON, April 12, 2022 /PRNewswire/ -- Industrias Tajín®, makers of the popular chili lime seasoning and hot sauces under the Tajin Brand, announced the opening of its Center for Research and Field Experimentation (CICE) and new LEED certified manufacturing plant in Jalisco, Mexico with a 50-million-dollar investment.
The 161, 458 square-foot state-of-the-art facility, located on nearly 20 acres, includes three warehouses and 10 production lines, and will have the capacity to process up to 5.3 million lbs. of product per month, increasing the Company's overall production capability by 80 percent. The increased production capability will place Tajin as the world leader in the production and commercialization of chili-based products.
"The global consumption of chili peppers and chili-based products shows no signs of letting up," said Javier Leyva, Director of Tajín® U.S. "Currently, the U.S. is our biggest market outside of Mexico and represents 50 percent of our global sales. With Tajin's presence in more than 65 countries and expanding, our multi-million-dollar investment will allow us to meet this growing demand and increase our global footprint," added Leyva.
The investment in the CICE in Jalisco, Mexico, is a first of its kind in the sector and aims to transform the local region into a state-of-the-art zone to produce the highest quality chili peppers.
Tajín sees the work being done at its new facilities as having huge ripple effects across the supply chain. With an emphasis in the production of non-genetically modified seeds and sustainability, the CICE will deliver these to local farmers and producers, giving them a path to enter the fast-growing global chili pepper market.
Today, Tajín Clásico Seasoning, is the leading brand for Industrias Tajín® and the number one chili powder in both the U.S. and Mexico. In addition to its chili powder products, Tajin has expanded its offering into the hot sauce category with Tajín Mild Hot Sauce and Tajín Fruity Chamoy Mild Hot Sauce.
About Tajín
Industrias Tajín is a 100% Mexican company, leader in Mexico and United States markets in chili powder, and one of the most important in the production and commercialization of products derived from chili worldwide. It has presence in more than 65 countries around the world. It was founded in 1985, surprising consumers with the perfect blend of lime, chili, and sea salt. In 1993, Tajín exports to the United States for the first time and Tajin International Corporation is established in Houston, TX, from where all the commercial activity of the brand in the U.S. is managed. The brand arrived in the Central American and European markets in 2006.
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SOURCE Tajín International Corporation | https://www.kxii.com/prnewswire/2022/04/12/tajn-announces-opening-world-class-manufacturing-plant-research-facility/ | 2022-04-12T16:47:20Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- Attention Outset Medical, Inc. ("Outset Medical") (NASDAQ: OM) 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 all persons or entities who purchased Outset Medical common stock between September 15, 2020, and June 13, 2022.
If you suffered a loss on your investment in Outset Medical, 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 Outset Medical includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's flagship product, Tablo Hemodialysis System ("Tablo"), would require an additional 510(k) application to be filed with The United States Food and Drug Administration ("FDA"), as defendants had "continuously made improvements and updates to Tablo over time since its original clearance"; (2) as a result, the Company could not conduct a human factors study on a cleared device in accordance with FDA protocols; (3) the Company's inability to conduct the human factors study subjected the Company to the likelihood of the FDA imposing a "shipment hold" and marketing suspension, leaving the Company unable to sell Tablo for home use; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and /or lacked a reasonable basis at all relevant times.
DEADLINE: September 6, 2022
Aggrieved Outset Medical investors only have until September 6, 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 | https://www.wibw.com/prnewswire/2022/08/08/class-action-alert-law-offices-vincent-wong-remind-outset-medical-investors-lead-plaintiff-deadline-september-6-2022/ | 2022-08-08T10:39:12Z |
LOS ANGELES (AP) — A person with knowledge of the decision says Darvin Ham has accepted an offer to be the next head coach of the Los Angeles Lakers.
The person spoke with The Associated Press on Friday on condition of anonymity because the deal has not been publicly announced.
The 48-year-old Ham is getting his first head coaching job as the 28th coach in Lakers history. He has been an assistant to Mike Budenholzer with the Milwaukee Bucks since 2018, and he played a significant role in their run to the 2021 NBA title.
Ham will be the successor to Frank Vogel, who was fired one day after the Lakers wrapped up one of the most disappointing seasons in NBA history by going 33-49 and missing the playoffs.
The Lakers flopped despite another impressive season from LeBron James, who welcomed his new head coach on social media even before the move was publicly announced.
“So damn EXCITED!!!!!!!!” James tweeted. “Congrats and welcome Coach DHam!!”
Ham will be the 15th Black coach currently in the NBA, the most ever at one time.
Ham was a player development assistant coach with Kobe Bryant’s Lakers from 2011-13 on the staffs of head coaches Mike Brown and Mike D’Antoni. Ham then had a five-year stint on the Atlanta Hawks’ staff under Budenholzer, developing a reputation as an effective communicator with versatile tactical knowledge.
Budenholzer’s staffs with the Hawks also included Taylor Jenkins, Quin Snyder and Kenny Atkinson, who all became NBA head coaches.
Vogel led the Lakers to the franchise’s 17th title exactly 18 months before his firing. He failed to coax a winning season out of a veteran-laden roster led by James, oft-injured Anthony Davis and newcomer Russell Westbrook, who had a dismal first season with his hometown team. Westbrook is under contract for another season with the Lakers.
Ham played eight seasons in the NBA and won a championship with the Detroit Pistons in 2004 before moving into coaching in 2008. The Michigan native played collegiately at Texas Tech.
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AP Basketball Writer Tim Reynolds contributed to this report.
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More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-source-lakers-choose-darvin-ham-as-next-head-coach/ | 2022-05-28T22:24:02Z |
WASHINGTON, July 25, 2022 /PRNewswire/ -- Steel produced by electric arc furnace (EAF) steelmakers in the U.S. has a carbon intensity that is approximately 75% lower than traditional blast furnace steelmakers. This is the finding of an independent study of steelmakers worldwide conducted by CRU Group, a global business intelligence firm specializing in metals manufacturing. The study was released today by the Steel Manufacturers Association (SMA), the largest steel association in the U.S., representing the EAF steel industry and over 70% of steel made in the U.S. The study marks a new milestone in objectivity, accuracy, and comprehensiveness of measurement for greenhouse gas (GHG) emissions by the steelmaking industry.
"Something that can't be measured can't be managed, and our new study conclusively measures and validates how using recycled scrap-based EAF technology is the most sustainable means of producing steel today," said Philip Bell, president, SMA. "Using an established, proven steelmaking process, EAF producers are making steel at far lower carbon-intensity levels than traditional steelmakers around the globe. There is a lot of inaccurate and misleading information about steelmaking, and we believe this independent study will help further our efforts to achieve a low carbon future."
Study Methodology and Major Findings
The study was conducted from November 2021 to June 2022 and was independently managed by CRU. This included researching a majority of the world's steelmaking companies and industry data sources, surveying various steelmaking players through anonymous methods, and synthesizing data from a multitude of private, industry, and government resources. Throughout the study, CRU adhered to definitions and practices established by the Intergovernmental Panel on Climate Change (IPCC), the United Nations body for assessing the science related to climate change. An executive summary of the study is available at https://steelnet.org/steelmaking-emissions-report-2022/.
Among the study's major findings, the average Scope 1 and Scope 2 GHG emissions intensity at the crude and hot-rolled steelmaking phases is 75% lower for EAF steelmakers compared with blast furnace steelmakers. Although the Paris Agreement and industry standards exclude Scope 3 emission in the supply chain, blast furnace producers crude steelmaking GHG intensity is still 210% higher than EAF steelmakers and 189% higher at the hot-rolled steelmaking phase when including all three scopes.
"Sustainability has become one of the most important issues in business today, and the steelmaking industry has long faced the challenge of being incorrectly perceived as one that relies on antiquated, inefficient, and highly polluting processes," said Mark Millett, chairman, SMA, and co-founder, chairman, and CEO, Steel Dynamics. "This new study, which has been long overdue, raises the bar for the way we validate our progress in this area. EAF steel offers the greenest, safest, and most energy-efficient method of steelmaking, and our latest study makes our argument and evidence for this significantly stronger and clearer."
Blast furnace steel, which represents about 70% of global steel manufacturing, is produced at large steel plants that use coal to melt raw materials into iron and then process it into steel. EAF steel, which represents approximately 70% of steelmaking in the U.S., is produced at steel plants that primarily use electricity and recycled ferrous scrap to make steel, resulting in a lower carbon emission and less energy-intensive process. As the electrical power grid in the U.S. continues to decarbonize through the efforts of utilities and individual companies, the carbon intensity of EAF steelmaking will drop to even lower levels.
"CRU is privileged to have been able to play a leading role in this extensive global industry study that will have a genuine impact on sustainability in the steel industry," said John Ball, president, CRU North America. "To ensure the highest level of objectivity and prevent any potential conflicts of interest, the SMA completely entrusted CRU with the management of this project to allow us to research, collect, and analyze data from a wide range of steelmakers to produce the most accurate and comprehensive report possible. Our partnership serves as a model for the way that similar industry organizations can strengthen the integrity of their data by joining forces with a trusted partner that can independently and proficiently validate data."
For more information about the study, access the executive summary at https://steelnet.org/steelmaking-emissions-report-2022/ .
About the SMA
The Steel Manufacturers Association (SMA) is the largest steel association in America. Representing the electric arc furnace (EAF) steel industry, which accounts for over 70% of steel made in the U.S. today, we are the advocates behind public policy solutions and member services that enable steelmakers to build their businesses, employees to build their lives, and communities to build their futures. Vastly more energy-efficient than traditional steelmaking, EAF steel is made using electrical currents to melt scrap steel and other recycled metals. Beyond the improved environmental impacts, EAF steel can be produced at higher efficiency and with more flexibility than blast furnace steel. For more information, please visit our website at www.steelnet.org or our LinkedIn page.
About CRU
CRU offers unrivaled business intelligence on the global metals, mining and fertilizer industries through market analysis, price assessments, consultancy and events. Since our foundation by Robert Perlman in 1969, we have consistently invested in primary research and robust methodologies, and developed expert teams in key locations worldwide, including in hard-to-reach markets such as China. CRU employs over 300 experts and has more than 10 offices around the world, in Europe, the Americas, China, Asia and Australia.
Media Contact:
Philip K. Bell
bell@steelnet.org
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SOURCE Steel Manufacturers Association | https://www.mysuncoast.com/prnewswire/2022/07/25/independent-study-validates-that-steelmaking-by-electric-arc-furnace-manufacturers-us-produces-75-lower-carbon-emissions/ | 2022-07-25T21:53:43Z |
UFC fighter Michael Chandler and Olympian Lauren Sesselmann help build buzz as Speede launches on Indiegogo
CHICAGO, June 28, 2022 /PRNewswire/ -- Speede Fitness, a Chicago-area strength training startup that is launching a revolutionary connected fitness machine in fall 2022, stunned the crowd at the IHRSA convention as the first company to make isokinetic, eccentric and isotonic training available in one machine. Now available for purchase on Indiegogo, the groundbreaking Speede Challenger quickly became the talk of Miami Beach during the fitness industry's premiere event.
"From the show floor to the after-parties, people I talked to were buzzing about Speede," said Debra Strougo Frohlich, founder of Rowhouse and member of the National Health & Fitness Alliance Advisory Council. "They drew a huge crowd and were the clear consensus as the most innovative and disruptive company at IHRSA this year."
Speede's live training session with Michael Chandler drew over 200 attendees to its booth on Thursday, June 23, when the UFC lightweight contender demonstrated a variety of movements in Speede's isotonic and isokinetic modes, including upper body and lower body exercises. Leveraging Speede's ability to handle the demands of elite athletes, Chandler briefly squatted with over 1,100 lbs of resistance.
"I've been talking about it and working out on it, but it was time for the whole world to see it," said Chandler, who serves as Speede's Chief Athletic Officer. "This machine is going to help everyone get stronger faster, and it was an honor to help share Speede's technology with so many people."
During the event, attendees also took part in their own personal demos, talked with Speede's engineering team, and met Speede Pro Athlete Lauren Sesselmann, a professional soccer player and former member of the Canada National Team.
In addition to Chandler and Sesselmann, Speede has earned praise from athletes across major sports leagues, including Justin Fields, Cole Kmet and Jaylon Johnson from the Chicago Bears, Justin Simmons from the Denver Broncos, Marquez Valdes-Scantling from the Kansas City Chiefs, and Mason Plumlee from the Charlotte Hornets, all of whom have become equity holders in the company.
"Our breakthrough technology has been one of the best-kept secrets in fitness and recovery—until now," said Dan Mooney, Co-Founder of Speede. "We were blown away by the response at IHRSA, and we can't wait to reach more people through our Indiegogo campaign which goes live today. People everywhere are about to discover Speede for themselves and find out what we've known for so long: that this is going to be the most effective and efficient machine that the strength training industry has ever seen," said Greg Tepas, Co-Founder of Speede.
To pre-order the Speede Challenger consumer model, visit our INDIEGOGO campaign page. To pre-order the commercial model, contact Speede at info@speede.fit.
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SOURCE Speede | https://www.wibw.com/prnewswire/2022/06/28/speede-fitness-draws-massive-crowds-ihrsa-company-continues-disrupt-fitness-industry/ | 2022-06-28T19:05:56Z |
UTRECHT, the Netherlands, Aug. 10, 2022 /PRNewswire/ -- Travel management company BCD Travel announced today that they will leverage FairFly's market-leading technology and artificial intelligence to power their Air Price Assurance (APA) solution. With FairFly's global automated GDS coverage, BCD will be able to offer their APA solution to its entire customer base. The technology will allow BCD to maximize automated savings on air spend for clients.
BCD Air Price Assurance, powered by FairFly, predicts when fare changes will occur and automatically cancels and rebooks tickets at lower rates. The APA solution helps save time and generates savings up to 4.8% of overall air spend with zero disruption to the traveler.
BCD is expanding their strategic multiyear partnership with FairFly which has been available to BCD customers through the SolutionSource® marketplace since 2018. In this time, FairFly's unique, real-time price monitoring engine has proven to generate substantial savings for BCD customers.
"Automated price assurance is critical to an effective digital booking strategy," said Yannis Karmis, senior vice president of Product Planning and Development at BCD Travel. "For several years, BCD customers using FairFly re-shopping technology through our partner marketplace have realized substantial savings with no disruption to travelers. We want to pass those savings on to all our customers as a standard offering. With unmatched savings, ease of use, and seamless implementation, we recognize FairFly's solution as best-in-class and the type of technology we look for when choosing partners to complement our core investments."
As air prices continue to increase, this partnership is well-positioned to make an immediate, positive impact on customers' air spend through a quick implementation with no onboarding or maintenance fees, further advancing BCD's strong reputation for leading the digital transformation of travel management.
"We've been vocal about our mission to bring innovative technology to the travel industry that enables business travel managers and TMCs alike," said Aviel Siman Tov, Founder & CEO of FairFly. "We applaud BCD for its ongoing commitment to empowering its customers and complementing its excellent service and teams with technology. Strong partnerships, the ability to white-label our solutions, and our enterprise-ready, scalable technology are all key to driving change. We look forward to deepening our relationship with BCD and bringing tangible value and outstanding saving results to BCD customers."
The phased, broad rollout started in the U.S. in the third quarter. Additional countries will go live throughout 2022 and 2023.
About FairFly
FairFly is the leading independent travel price assurance and travel data platform with a truly global reach. Customers rely on FairFly to ensure their travel spend is used to its best. FairFly turns airfare and hotel rate volatility into savings. Customers experience no disruption to the traveler and enjoy automated rebooking solutions. Its travel data analytics and reports deliver insights for optimizing travel programs. For more information, visit www.fairfly.com.
Press contact
Dr. Ursula Ron
FairFly
ursula@fairfly.com
About BCD Travel
BCD Travel helps companies make the most of what they spend on travel. We give travelers innovative tools that keep them safe and productive and help them make good choices on the road. We partner with travel and procurement leaders to simplify the complexities of business travel, drive savings and satisfaction, and move whole companies toward their goals. In short, we help our clients travel smart and achieve more. We make this happen in 106 countries with a global client retention rate of 97%, the highest in the industry. For more information, visit www.bcdtravel.com.
About BCD Group
BCD Group is a market leader in the travel industry. The privately owned company was founded in 1975 by John Fentener van Vlissingen and consists of BCD Travel (global corporate travel management and its subsidiary BCD Meetings & Events, global meetings and events agency) and Park 'N Fly (off-airport parking). For more information, visit www.bcdgroup.com.
Press contact
Janneke Kraanen
BCD Travel
janneke.kraanen@bcdtravel.nl
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SOURCE Fairfly; BCD Travel | https://www.wibw.com/prnewswire/2022/08/10/bcd-travel-extends-partnership-with-fairfly-power-air-price-assurance-across-its-global-customer-base/ | 2022-08-10T10:12:08Z |
Local 174 Members Nearly Unanimously Say 'No' to Employer Proposal
TUKWILA, Wash., Aug. 2, 2022 /PRNewswire/ -- A full year after the expiration of their contract, Teamsters Local 174 members have again voted overwhelmingly to reject the latest subpar offer from their concrete industry employers.
The secret-ballot 170-1 vote sends a clear message to the companies and echoes a late 2021 result, when concrete Teamsters voted 212-1 to reject an earlier substandard offer. Since then, multiple similar offers have been rejected by voice vote, ultimately leading to the group walking off the job in an unfair labor practice strike that lasted 145 days.
Teamsters returned to work in April in a gesture of good faith as contract negotiations continued with help from federal mediators. But the group of concrete employers continued to put forth their same offensive proposals, leading to today's strong rejection by the Teamsters.
"This entire contract negotiation process has felt like the Twilight Zone in terms of how little sense the companies are making," said CalPortland driver and bargaining committee member Brett Gallagher. "From the beginning, our demands have been clear and reasonable. There's nothing outrageous at all, but these companies just will not listen. It blows my mind that somehow, we are painted as the villains because we want a fair deal for our families."
"Today we told them again that their offer isn't good enough — which they should have known after 145 days without a single Teamster mixer driver crossing the picket lines, but apparently they needed to hear that message again," said Denny Emerson, a Cadman driver and bargaining committee member. "It feels like we've rejected this same offer 20 times at this point, but now the ball is back in their court and it's time for them to make a real move in their proposal rather than continuing to move the deck chairs around on the Titanic. Make a real proposal that we can all vote for and let's get back to the business of delivering concrete and move on with our lives."
Founded in 1909, Teamsters Local 174 represents 8,600 working men and women in Seattle and the surrounding areas. "Like" us on Facebook at www.facebook.com/TeamstersLocal174.
Contact:
Jamie Fleming, (425) 281-0166
jfleming@teamsters174.org
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SOURCE Teamsters Local 174 | https://www.kxii.com/prnewswire/2022/08/02/teamsters-reject-latest-proposal-concrete-companies/ | 2022-08-02T16:30:11Z |
Spirit tells shareholders to reject hostile bid from JetBlue
By MICHELLE CHAPMAN
AP Business Writer
Spirit Airlines is advising shareholders to reject a tender offer for shares from JetBlue three days after it went hostile in its bid to create what would be the nation’s fifth largest airline. Spirit repeated Thursday that any attempt to merge with JetBlue would face substantial regulatory hurdles, largely because of JetBlue’s alliance with American Airlines in the Northeast. The Justice Department is suing to block that deal. JetBlue offered to buy Spirit Airlines after a proposed acquisition of that carrier by Frontier Airlines, a deal that Spirit is backing despite a lower offering price. | https://localnews8.com/news/ap-national-business/2022/05/19/spirit-tells-shareholders-to-reject-hostile-bid-from-jetblue/ | 2022-05-19T12:52:24Z |
Existing multi-unit partner, turned Area Developer to open 24 locations in Illinois
CHICAGO, July 19, 2022 /PRNewswire/ - Little Kitchen Academy (LKA), the key ingredient for an independent child and the first-of-its-kind, Montessori-inspired cooking academy for kids ages three through teen, announced current multi-unit partner, Randall Barba, will share the gift of Little Kitchen Academy with even more families in Illinois as LKA's Area Developer for the Greater Chicago area. Already working to open LKA Lincoln Park, LKA Naperville, and LKA Plainfield, local entrepreneur Randall Barba, alongside partners Chris Cukrowski and Phable Meyerhoff, will make an even more significant impact on communities throughout Illinois, opening a total of 24 locations. Barba, the former CEO and President of Antique Reflections, a design, manufacturing, and import company, owns and operates six Goldfish Swim Schools in Illinois, New Jersey, and New York, employing more than 100 people. Barba's first location in Illinois, LKA Lincoln Park, will open in Chicago this Fall.
"I am so excited to take on this role and make a greater impact as we share the gift of Little Kitchen Academy with more communities in Illinois," said Randall Barba, multi-unit partner turned Area Developer. "We have been so impressed by the systems the LKA Team has developed to support their partners, so when the opportunity came to expand Little Kitchen Academy's presence further in Illinois, we knew we were the right people to open more locations in the Greater Chicago Area. Little Kitchen Academy's empowering environment will profoundly impact children in the area for many years to come, and it's an honor to be a part of that."
"We are delighted to welcome such a passionate and like-minded group of people to share Little Kitchen Academy with even more communities throughout the great state of Illinois," said Brian Curin, co-founder/co-CEO and president of Little Kitchen Academy. "Not only is Chicago an important place to me, having grown up in the area and lived in the city, but it is also an important market that continues our expansion throughout the Midwest. We can't wait to see students in the area experience our safe, inspiring environment, leaving one inch taller from the pride they feel at what they accomplished in class."
This announcement comes on the heels of the opening of Little Kitchen Academy's second location in the United States in Portland. This new deal for the rapidly growing concept, which opened its first location in Vancouver, Canada, just three years ago, brings the total number of LKA locations in development to 231 towards the company's target of 423 globally by the end of 2025. The company currently has nine locations open throughout North America, with more to come.
LKA is currently seeking like-minded multi-unit franchise and development partners based exclusively in Arizona, California, Illinois, Michigan, North Carolina, Oregon, South Carolina, Texas, Washington, and Wisconsin. In Canada, there are limited opportunities in Alberta, British Columbia, and Ontario. Globally, Australia, Brazil, China, Columbia, Ethiopia, France, Italy, Japan, MENA Region, Mexico, Nigeria, Singapore, Spain, and the U.K. are markets available for development.
Little Kitchen Academy is the key ingredient for an independent child. The first-of-its-kind, Montessori-inspired cooking academy for kids ages three through teen is focused on providing a safe, inspiring, and empowering space for children to identify, develop, and refine their senses. Based in Vancouver, Canada, the concept was co-founded by proven global brand and franchise expert and serial entrepreneur Brian Curin, his wife, Montessori-trained, culinary expert, and visionary Felicity Curin, and social impact investor and entrepreneur Praveen Varshney, on the belief that by empowering children with practical life skills and knowledge in a positive and joyful environment, they and their company will effect positive lifestyle changes that result in a healthier world. True to its mission, LKA lives to create a more educated, able, and healthy society through mindful, healthy eating choices, and is committed to changing lives, from scratch to consumption. Part of that mission includes empowering students to learn how they can make the world a better place through How Can I Help by Little Kitchen Academy, LKA's signature philanthropic program, supporting Crisis Text Line, The Global FoodBanking Network, Kids Help Phone, and One Tree Planted. In addition to charitable partnerships, LKA has forged strategic global brand partnerships with Iron Chef Cat Cora, AeroGarden, BIRKENSTOCK, ChefWorks, Emeco, ChopValue, Welcome Industries, and PRISE Inc. Little Kitchen Academy's flagship venues are located in Vancouver, B.C., and Los Angeles, Calif.
For a taste of Little Kitchen Academy, visit littlekitchenacademy.com or join its communities on Facebook, Instagram, Twitter, LinkedIn, and YouTube.
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SOURCE Little Kitchen Academy Ltd. | https://www.mysuncoast.com/prnewswire/2022/07/19/little-kitchen-academy-key-ingredient-an-independent-child-will-be-changing-even-more-lives-scratch-with-major-commitment-across-greater-chicago/ | 2022-07-19T16:36:34Z |
TAMPA, Fla., June 9, 2022 /PRNewswire/ -- Smart Meter, continues to lead the way in the remote patient monitoring (RPM) sector because of its superior cellular-enabled devices and robust data that facilitate better care management. During Men's Health Month, Smart Meter wants to remind patients and providers that high blood pressure and obesity, which can lead to cardiovascular disease (CVD), can be controlled, but must be measured on a regular basis to spot trends and make diet and lifestyle adjustments.
Heart disease is the number one cause of death among American men1. Providing at-risk patients with an easy way to track their blood pressure and weight at home is the key to spotting concerning trends early. Smart Meter can provide the technology needed to help improve outcomes.
According to American Heart Association research2, "real-time monitoring programs can reduce systolic blood pressure (SBP) and diastolic blood pressure (DBP) significantly, compared to traditional self-monitoring. This can lower the incidence of hypertension-related acute events, cutting costs of hospital stays and ER visits."
With Smart Meter's cellular-enabled iBloodPressure® and iScale®, the measurement is sent immediately to the patient's provider with no extra steps required by the patient. One barrier to more equitable health care for minorities is the fact that many of today's at-home medical devices rely on Bluetooth® technology, requiring a smartphone and a wireless internet connection.
Recent research from the PEW Institute3 found minorities are almost 20 percent less likely to have access to broadband internet. The iBloodPressure and iScale from Smart Meter have proprietary cellular technology that utilizes the fast and secure 4/5G AT&T IoT network for reliable transmissions every time.
"The ability to track key factors that can lead to heart disease is now even easier than ever with the iBloodPressure and iScale", said Casey Pittock, Smart Meter's CEO. "Our cellular technology means that the patient isn't required to do anything after they test. We have seen firsthand the positive impact on patient outcomes when our iBloodPressure monitor and iScale is used in a remote patient monitoring (RPM) program."
Now serving more than 100,000 patients, Smart Meter is the leading supplier of cellular-enabled virtual care technologies that include the iGlucose®, iBloodPressure®, iPulseOx®, iScale®, and SmartRPMTM cloud platform, as well as data, and services. Smart Meter's remote patient monitoring solutions are recognized as the standard for the RPM industry and are regarded for their high patient retention and satisfaction. The unique combination of reliable health data, patient-friendly devices, and platform integrations enable and enhance RPM, CCM, Employee Wellness, Population Health, and Telehealth programs for more than 300 RPM distribution partners across the United States. For more information, visit SmartMeterRPM.com
1 Men and Heart Disease | cdc.gov
2remote-patient-monitoring-guidance-2019.pdf (heart.org)
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SOURCE Smart Meter, LLC | https://www.wibw.com/prnewswire/2022/06/09/almost-1-every-4-adult-male-deaths-united-states-is-caused-by-heart-disease-african-american-men-account-100000-more-cardiovascular-disease-deaths-than-caucasian-men/ | 2022-06-09T18:15:44Z |
EU poised to unveil rules forcing Big Tech to protect users
By KELVIN CHAN
AP Business Writer
LONDON (AP) — European Union officials are nearing agreement on a set of new rules aimed at protecting internet users by forcing big tech companies like Google and Facebook to step up their efforts to curb the spread of illegal content, hate speech and disinformation. EU officials are negotiating Friday over the final details of the legislation, dubbed the Digital Services Act. It’s part of a sweeping overhaul of the 27-nation bloc’s digital rulebook, highlighting the EU’s position at the forefront of the global movement to rein in the power of online platforms and social media companies. Negotiators are working to hammer out a deal ahead of French elections Sunday. | https://localnews8.com/news/ap-national-business/2022/04/22/eu-poised-to-unveil-rules-forcing-big-tech-to-protect-users/ | 2022-04-22T16:38:35Z |
NBA tweaks design of trophies, adds conference finals MVPs
NEW YORK (AP) — The NBA’s championship trophy has a new look. And the league will hand out some new trophies for the first time during these playoffs. The league unveiled a slightly redesigned Larry O’Brien Trophy on Thursday and announced changes to the Bill Russell NBA Finals MVP trophy. The Eastern Conference championship trophy has been renamed for Bob Cousy, the Western Conference championship trophy for Oscar Robertson. And there will be MVP’s of the conference finals for the first time. The East finals MVP will receive the Larry Bird Trophy and the West finals MVP will receive the Magic Johnson Trophy. | https://localnews8.com/sports/ap-national-sports/2022/05/12/nba-tweaks-design-of-trophies-adds-conference-finals-mvps/ | 2022-05-12T14:02:17Z |
44% revenue growth driven by high demand across all markets
NORTHBOROUGH, Mass., July 27, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the second quarter of 2022, which ended June 30, 2022, and discussed recent business developments.
Total revenue for the second quarter of 2022 was $45.6 million, compared to $31.7 million in the second quarter last year. Second quarter net loss was $24.1 million, compared to a net loss of $6.7 million in the second quarter of 2021. Net loss per share for the second quarter was $0.68, compared to $0.23 in the second quarter last year.
Adjusted EBITDA for the second quarter of 2022 was $(18.3) million, compared to $(3.4) million in the second quarter of 2021. A reconciliation of non-GAAP Adjusted EBITDA to net loss is provided in the financial schedules that are part of this press release. An explanation of this non-GAAP financial measure is also included below under the heading "Non-GAAP Financial Measures."
Second Quarter Highlights and Recent Business Developments
- Grew total revenue 44% year-over-year to $45.6 million
- Generated $10.8 million of PyroThin® thermal barrier revenue
- Increased Energy Industrial revenues to $34.8 million
- Ended second quarter with cash of $162.2 million
- Shipped first production parts from Mexico assembly facility
"We are pleased with the increasing market adoption of our high-performance thermal and EV safety solutions," noted Donald R. Young, President and CEO. "Aspen continues its strong growth trajectory, with accelerated demand for both our PyroThin® thermal barrier solutions for EVs and energy industrial products which address energy efficiency, asset resiliency, and safety in traditional energy settings and LNG facilities. Total second quarter revenue grew 44% year-over-year and 19% sequentially. We are increasing the level of our investment in personnel, infrastructure, and related activities, primarily focusing on Phase 1 of our second aerogel manufacturing facility located in Georgia ("Plant II"); a high-volume thermal barrier assembly operation in Mexico; and enhancing the technical, commercial and operational teams that support our commercial markets. The positive impact of these investments and the leveraging of growing volumes set the stage for reaching our revenue and profitability goals."
2022 Financial Outlook
Aspen's full year outlook remains unchanged.
- Total revenue is expected to range between $180.0 million and $200.0 million
- Net loss is expected to range between $79.8 million and $86.8 million
- Adjusted EBITDA is expected to range between $(55.0) million and $(62.0) million
- Net loss per share is expected to range between $2.16 and $2.35
The Company's 2022 outlook assumes depreciation and amortization of $9.7 million, stock-based compensation expense of $8.2 million, interest expense of $6.8 million and weighted average shares outstanding of 37.0 million for the full year.
Ricardo C. Rodriguez, Chief Financial Officer and Treasurer, added, "Our thermal barrier design, prototype, quoting and fabrication activities continue to accelerate, and we maintain our growth targets for a doubling of revenue from 2021 to 2023 and a tripling of revenue from 2023 to 2025 to approximately $720 million. We believe that the considerable investments we are making in 2022 will pave the way for Aspen to grow through the decade and to become cash flow positive in 2024."
A reconciliation of non-GAAP Adjusted EBITDA to net loss for the 2022 financial outlook is provided in the financial schedules that are part of this press release. An explanation of this non-GAAP financial measure is also included below under the heading "Non-GAAP Financial Measures."
Aspen Aerogels may incur, among other items, additional charges, realize gains or losses, incur financing costs or interest expense, or experience other events in 2022, including those related to the planned capacity expansion, supply chain disruptions or further cost inflation, that could cause actual results to vary materially from this outlook.
Conference Call and Webcast Notification
A conference call with Aspen management to discuss second quarter 2022 results and recent business developments will be held at 8:30 am ET on July 28, 2022. During the call, management will respond to questions concerning, but not limited to, Aspen's financial performance, business conditions, and financial outlook. Management's discussion and responses could contain information that has not been previously disclosed.
Shareholders and other interested parties may call 844-200-6205 (domestic) or +1 929-526-1599 (international) and referencing conference ID 750795 a few minutes before 8:30 a.m. ET on Thursday, July 28, 2022. In addition, the conference call and an accompanying slide presentation will be available live as a listen-only webcast hosted on the Investors section of Aspen's website at www.aerogel.com.
Following the live event, an archived version of the webcast will be available on Aspen's website for convenient on-demand replay for at least a year. A copy of this press release is posted in the Investors section on Aspen's website.
Non-GAAP Financial Measures
In addition to providing financial measurements based on generally accepted accounting principles in the United States of America ("GAAP"), Aspen provides additional financial metrics that are not prepared in accordance with GAAP ("non-GAAP"). The non-GAAP financial measure included in this press release is Adjusted EBITDA. Management uses non-GAAP financial measures, in addition to GAAP financial measures, as a measure of operating performance because the non-GAAP financial measures do not include the impact of items that management does not consider indicative of Aspen's core operating performance. In addition, management uses Adjusted EBITDA (i) for planning purposes, including the preparation of Aspen's annual operating budget, (ii) to allocate resources to enhance the financial performance of its business, and (iii) as a performance measure under its bonus plan.
Management believes that these non-GAAP financial measures reflect Aspen's ongoing business in a manner that allows for meaningful comparisons and analysis of trends in its business, as they exclude expenses and gains not reflective of Aspen's ongoing operating results or that may be infrequent and/or unusual in nature. Management also believes that these non-GAAP financial measures provide useful information to investors in understanding and evaluating Aspen's operating results and future prospects in the same manner as management and in comparing financial results across accounting periods and to those of peer companies. These non-GAAP measures may not be comparable to similarly titled measures presented by other companies.
The non-GAAP financial measures do not replace the presentation of Aspen's GAAP financial results and should only be used as a supplement to, not as a substitute for, Aspen's financial results presented in accordance with GAAP. In this press release, Aspen has provided a reconciliation of Adjusted EBITDA to net loss, the most directly comparable GAAP financial measure. Management strongly encourages investors to review Aspen's financial statements and publicly filed reports in their entirety and not rely on any single financial measure.
About Aspen Aerogels, Inc.
Aspen is a technology leader in sustainability and electrification solutions. The Company's aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, e-mobility and clean energy. Aspen's PyroThin® products enable solutions to thermal runaway challenges within the electric vehicle ("EV") market. Aspen Battery Materials, the Company's carbon aerogel initiative, seeks to increase the performance of lithium-ion battery cells to enable EV manufacturers to extend the driving range and reduce the cost of EVs. Aspen's Spaceloft® products provide building owners with industry-leading energy efficiency and fire safety. The Company's Cryogel® and Pyrogel® products are valued by the world's largest energy infrastructure companies. Aspen's strategy is to partner with world-class industry leaders to leverage its Aerogel Technology Platform™ into additional high-value markets. Headquartered in Northborough, Mass., Aspen manufactures its products at its East Providence, R.I. facilities. For more information, please visit www.aerogel.com.
Special Note Regarding Forward-Looking and Cautionary Statements
This press release and any related discussion contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements, including statements relating to Aspen's 2022 financial outlook. These statements are not historical facts but rather are based on Aspen's current expectations, estimates and projections regarding Aspen's business, operations and other factors relating thereto, including with respect to Aspen's 2022 financial outlook. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expects," "intends," "plans," "projects," "believes," "estimates," "outlook," "assumes," "targets," "opportunity," and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include statements regarding, among other things, Aspen's expectations about capacity, revenue, backlog, costs, expenses, profitability, cash flow, gross profit, gross margin, operating margin, net loss, Adjusted EBITDA, Adjusted EBITDA margin and related decreases, improvements, timing, variability or trends; beliefs about higher than expected demand from General Motors and Toyota and how they may enable path to profitability, expectations about improvement in ability to absorb fixed costs and reduction of conversion costs as a percentage of sales and the same leading to target gross margins; beliefs about the general strength, weakness or health of Aspen's business; acceleration in demand; demand increase from General Motors and Toyota for 2022, energy industrial demand book acceleration in 2022, level of penetration in EV market, growth in energy industrial markets; beliefs about current or future trends in the energy, energy infrastructure, chemical and refinery, LNG, sustainable building materials, EV thermal barrier, EV battery materials or other markets and the impact of these trends on Aspen's business; beliefs about the strength, effectiveness, productivity, costs, profitability or other fundamentals of Aspen's business; beliefs about the role of Aspen's technology and opportunities in the electric vehicle market; beliefs about Aspen's ability to provide and deliver products and services to electric vehicle customers; beliefs about content per vehicle, revenue, costs, expenses, profitability, investments or cash flow associated with Aspen's electric vehicle opportunities, including the EV thermal barrier business; beliefs about revenue growth and profitability; beliefs about the performance of PyroThin® including its ability to mitigate the propagation of thermal runaway in electric vehicles; beliefs about Aspen's ability to expand the market for PyroThin, to achieve design wins, to commence shipments of production parts, and to become an industry standard solution for thermal runaway management; beliefs about Aspen's thermal barrier design, prototype, quoting and assembly activities; expectations about the cost of the capital projects, including Plant II, expectations about the commissioning of Phase I of Plant II in Q4 2023; beliefs about our planned Mexico assembly facility and its timely operations, its ability to meet the demand, the growth in thermal barrier demand to match the assembly operation and vice versa; ability to shift assembly operations from East Providence to Mexico in a timely manner. All such forward-looking statements are based on management's present expectations and are subject to certain factors, risks and uncertainties that may cause actual results, outcome of events, timing and performance to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, the following: inability to execute the growth plan through 2025, inability to complete construction and commissioning the Phase I of Plant II by Q4 2023 and reasonably within budget, inability to manage supply chain disruptions to avoid undue delay or impact on operations or construction of Plant II and Mexico assembly facility, inability to create new product, partnership and market opportunities; any sustained downturn in the industry or energy prices; any sustained downturn in the energy, energy infrastructure, chemical and refinery, LNG, sustainable building materials, EV thermal barrier, EV battery materials or other markets due to the coronavirus pandemic, COVID-19 or any other factor; any failure to sustain project-based demand in the subsea, LNG, on-shore or other markets; the right of EV thermal barrier customers to cancel contracts with Aspen at any time and without penalty; any costs, expenses, or investments incurred by Aspen in excess of projections used to develop pricing under the contracts with EV thermal barrier customers; any failure of Aspen or PyroThin to meet contractual specifications and requirements under contracts with EV thermal barrier customers; Aspen's inability to create customer or market opportunities for, including PyroThin; any other battery performance and safety products, battery materials or for other new products developed from Aspen's aerogel technology; any disruption or inability to achieve expected capacity levels in any of our three existing production lines in East Providence, RI or the Mexico assembly facility, including due to the coronavirus pandemic, COVID-19 or any other factor; any inability to expand manufacturing capacity in a second manufacturing facility in Bulloch County, Georgia or at any other location; any inability to establish or timely establish thermal barrier assembly operations in Mexico or any other location; the failure to receive all regulatory or other approvals required to operate, maintain or expand any of Aspen's facilities; any failure to achieve demand for Aspen's products; any failure to achieve expected price increases or average selling prices for Aspen's products; any significant increase in the cost of raw materials, utilities or any other manufacturing consumable; shortages of raw materials, utilities or any other manufacturing consumable due to the coronavirus pandemic, COVID-19 or any other factor; the failure to generate sufficient operating cash flow or to obtain significant additional capital to pursue Aspen's strategy; any failure to timely raise sufficient capital to fund various capital projects; the failure of Aspen's products to become widely adopted; the competition Aspen faces in its business; any failure to enforce any of Aspen's patents; any failure to protect or expand Aspen's Aerogel Technology Platform™; any future finding of invalidity of any of Aspen's patents in any jurisdiction; any failure to generate sufficient operating cash flow or to obtain sufficient additional capital to continue to pursue Aspen's new business, technology, patent enforcement, or patent defense strategy; any failure of Aspen's products to meet applicable specifications and other performance, safety, technical and delivery requirements; the general economic conditions and cyclical demands in the markets that Aspen serves; the economic, operational and political risks associated with sales and expansion of operations in foreign countries including Mexico; the loss of any direct customer, including distributors, contractors and OEMs; compliance with health and safety laws and regulations; the maintenance and development of distribution channels; and the other risk factors discussed under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021 and filed with the Securities and Exchange Commission ("SEC") on March 1, 2022, as well as any updates to those risk factors filed from time to time in our subsequent periodic and current reports filed with the SEC. All statements contained in this press release are made only as of the date of this press release. Aspen does not intend to update this information unless required by law.
Square Foot Operating Metric
The following chart sets forth Energy Industrial product shipments in square feet associated with recognized revenue.
Reconciliation of Non-GAAP Financial Measures
The following tables present a reconciliation of the non-GAAP financial measure included in this press release to the most directly comparable GAAP measure:
Reconciliation of Adjusted EBITDA to Net loss
We define Adjusted EBITDA as net income (loss) before interest expense, taxes, depreciation, amortization, stock-based compensation expense and other items, which occur from time to time and which we do not believe are indicative of our core operating performance.
For the three and six months ended June 30, 2022 and 2021:
For the 2022 full year financial outlook:
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SOURCE Aspen Aerogels, Inc. | https://www.kxii.com/prnewswire/2022/07/27/aspen-aerogels-inc-reports-second-quarter-2022-financial-results-recent-business-developments/ | 2022-07-27T21:43:44Z |
Strong growth and enterprise adoption fuel further investment for LucidLink to continue its leadership in cloud-native file collaboration solutions
SAN FRANCISCO, May 17, 2022 /PRNewswire/ -- LucidLink, an innovative SaaS solution connecting creative teams around the world, today announced it has raised $20 million in funding from investors in its Series B funding round. The new capital infusion was led by Headline's Global Growth strategy in collaboration with existing investors Baseline Ventures and Bright Cap Ventures - and new investor, Top Tier Capital Partners. LucidLink has raised $40 million to date.
The latest funding comes after a year of tremendous success for LucidLink that includes sustained 12% month-over-month growth resulting in over 400% revenue increase, 154% net customer retention and a doubling of its workforce. During this period, LucidLink also benefited from a 400% increase in storage capacity. In addition, LucidLink Filespaces was recognized with the NAB Product of the Year Award - Cloud Computing and Storage for 2022.
"The progress we've made in growing the business over the past year proves LucidLink's unique approach in solving the market need for a cloud-native file service targeting hybrid and remote collaboration - especially when dealing with big files and large sets of data," said Peter Thompson, co-founder and CEO, LucidLink. "We are ready to hit the accelerator and can think of no better partners with whom to do this than the investors we already have on board."
The phenomenal performance of LucidLink to date reflects a strong product market fit and wide technical lead in the cloud native remote collaboration space. The $20 million investment will fuel a number of growth priorities for LucidLink – including the expansion of sales, marketing, and development teams.
"LucidLink is at the forefront of cloud service evolution, and has fulfilled the vision of truly accessible cloud storage," said Conrad Chu, Partner at Headline, a global venture capital firm with a portfolio that includes notable companies like Segment, Gopuff, SEMrush, and Sonos. "The company has designed a revolutionary file system to handle today's modern cloud-computing environment and distributed workstreams. A true testament to the explosive growth LucidLink has experienced thus far, we're excited to continue working with them to expand their global customer base."
The global pandemic served as a sudden accelerant to accepting the cloud as the critical connective tissue of organizations. According to Pew Research, today 59% of Americans who say they can perform their jobs remotely are currently working from home all or most of the time. LucidLink enables creative talent to collaborate no matter where they are located, without friction or disruption.
"We've put together an exciting roadmap significantly extending the lead we've already built-in addressing how people and companies utilize the cloud to solve tough remote collaboration problems," added co-founder and CTO George Dochev. "Part of this round will be used to grow the technical team with world-class engineers, who are interested in solving challenging problems our customers face both today and in the future."
LucidLink is hiring across departments and geographies. For more information on open roles, please visit Careers.
For more information about LucidLink, contact info@lucidlink.com, follow the company on Twitter and LinkedIn, and visit www.lucidlink.com.
About LucidLink
LucidLink offers an innovative cloud-native file service designed specifically for extensive data access over distance. LucidLink Filespaces provides best-in-class security and high-performance scalability to run file-based workloads on object storage for maximum efficiency and productivity. The service is compatible with Microsoft Azure Blob and any Amazon S3 compatible object storage provider that utilizes the cloud, on-prem, or hybrid storage. It supports all major operating systems, including Linux, Windows, and macOS. Investors include Baseline Ventures, Headline, Adobe, Bright Cap Ventures, Bain Capital Ventures, S28 Capital, and Fathom Capital. LucidLink is privately held and headquartered in San Francisco, California. The company maintains an office in Sofia, Bulgaria, with remote employees across North America, Europe, and Australia.
Contact:
Julie O'Grady
LucidLink
julie.ogrady@lucidlink.com
+1 (650) 269-9989
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SOURCE LucidLink | https://www.mysuncoast.com/prnewswire/2022/05/17/lucidlink-raises-20-million-series-b-solve-remote-collaboration-challenges-global-creative-teams/ | 2022-05-17T09:58:35Z |
KANSAS CITY, Mo., April 11, 2022 /PRNewswire/ -- Custom Truck One Source, Inc. ("Custom Truck" or the "Company") (NYSE: CTOS) today announced that Vice Admiral Mary Jackson U.S. Navy (Retired) was appointed to its Board of Directors, filling a vacancy. Vice Admiral Jackson was also appointed to serve on both the Audit and Compensation Committees of Custom Truck's Board. The Company has determined that Vice Admiral Jackson is an independent director under the New York Stock Exchange and Securities and Exchange Commission rules.
"We are extremely fortunate that Vice Admiral Jackson has agreed to become a member of our Board," said Fred Ross, Custom Truck's CEO. "Her distinguished and impressive service to our country, as well as her post-civil service accomplishments, would be beneficial to any organization. Everyone at Custom Truck very much looks forward to working with Vice Admiral Jackson."
Marshall Heinberg, Custom Truck's Chairman, stated, "I have had the pleasure to know and work with Vice Admiral Jackson in the past and her experience and knowledge will certainly add value to our Board and Company. Her specific experience in logistics and supply-chain management from her naval career will assist Custom Truck in navigating current and future supply chain environments."
Commenting on her appointment to the Company's Board Vice Admiral Jackson said, "I am happy to be joining the Custom Truck team and lending my experience and knowledge to the Company, the Board and its Audit and Compensation Committees."
About Vice Admiral Jackson
Vice Admiral Jackson retired in July 2020 after over three decades of service in the United States Navy. She began her career as a Surface Warfare Officer serving on and off Navy warships achieving command of USS McFAUL (DDG 74), an Arleigh Burke class destroyer. She subsequently went on to command the Navy's largest Navy base, Naval Station Norfolk where she was the equivalent of a city manager or Mayor for a city with a population of 64,000 people, managing operational and service industries while managing the Navy's relationship with local agencies, surrounding communities, regulators, and national media. Upon selection as a Flag Officer, Vice Admiral Jackson served in Shore installation Regional and Enterprise level (Navy Installations Command) assignments ultimately accountable for $7.5 billion and 53,000 personnel executing efficient and effective operational, material and personnel programs from facility management, utilities, port and air operations, security, crisis response, and Sailor/family support services (lodging, food services, childcare, fitness) for 71 Navy installations across 10 Regions providing global support to the Navy and Joint forces.
Currently, Vice Admiral Jackson remains engaged through a portfolio of activities, including service as an Independent Director, consulting as an advisor to clients, and serving as a board member for the Greater Jacksonville Area USO and the Surface Navy Association. Additionally, she is the Chair of the Steven A. Cohen Military Family Clinic at Centerstone Jacksonville Advisory Council and serves on the Blue Star Families Racial Equity Committee.
Vice Admiral Jackson holds a Bachelors Degree in Physics (Oceanography emphasis) from the United States Naval Academy and a Masters of Engineering Management from The George Washington University.
About Custom One Truck One Source
Custom Truck One Source, Inc. (NYSE: CTOS) is a leading provider of specialized truck and heavy equipment solutions to the utility, telecommunications, rail and infrastructure markets in North America. The Company's solutions include rentals, sales, aftermarket parts, tools, accessories and service, equipment production, manufacturing, financing solutions, and asset disposal. With vast equipment breadth, the Company's team of experts service its customers across an integrated network of locations across North America. For more information, please visit customtruck.com.
Investor Contact
Brian Perman, Vice President, Investor Relations
844-403-6138
investors@customtruck.com
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SOURCE Custom Truck One Source, Inc. | https://www.kxii.com/prnewswire/2022/04/11/custom-truck-one-source-announces-appointment-vice-admiral-mary-jackson-board-directors/ | 2022-04-11T20:49:44Z |
Reno, Nev., July 12, 2022 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce that initial step-out drilling to test the southern extension potential of the Ruby Deeps deposit has intersected multiple zones of high-grade mineralization at the Company's 100%-owned Ruby Hill Property ("Ruby Hill" or "the Property") located in Eureka County, Nevada.
Highlight results from initial southern step-out drilling in the Ruby Deeps horizon:
- iRH22-06 – four intervals:
- Including 14.1 g/t Au over 7.2 m (0.41 oz/ton – 23.5 ft)
Hole iRH22-06 is the southernmost core hole drilled to test the Ruby Deeps horizon and confirms the potential to expand high-grade mineralization within the Ruby Deeps Zone that remains open along strike to the north and south, and to the east. In the southern portion of the deposit, drilling is intersecting multiple (4) structures, suggesting the potential to define resources in multiple horizons (see Figures 1 & 2 and Table 1). As in previous drilling in the Ruby Deeps Zone, ground conditions appear to be very favourable and intersection widths have met or exceeded expectations. The primary zone, located beneath the "Bullwacker" sill, returned an impressive 19.8 grams per tonne (g/t) gold (Au) over 33.2 metres (m), interpreted to be near true width.
Additional drilling is now being completed in the southern portion of the deposit. The Ruby Deeps deposit is comprised of the 426 Zone; the upper part of the deposit interpreted to consist of sub-vertical mineralization hosted within or proximal to the northeast striking 426 fault structure, and the deeper Ruby Deeps Zone; a flat-lying, north-south striking, sulphide zone located in the hanging wall of the Holly fault structure. Both zones remain open for expansion.
Due to substantial success of the 2022 program at Ruby Hill has been expanded such that more than 20,000 metres of drilling will be completed. This program is focused on defining, and expanding, the Ruby Deeps Deposit, including the upper "426" horizon, while also testing several high-potential exploration targets on the Property. Initial results from drilling in the 426 horizon are expected in the coming weeks.
The ongoing infill and step-out drill program will aide in the advancement of the Company's plan to develop an underground mine at Ruby Hill, accessed via ramp from the Archimedes open pit. Infill drilling is being completed for initial mine planning and to upgrade resources for the completion of an economic study. Step-out drilling is also being completed with a focus on expanding mineralization in advance of completing a revised resource estimate at year-end. The current program at Ruby Hill is one of several ongoing and planned drill programs on i-80 projects in 2022 that collectively are expected to comprise in excess of 50,000 metres.
It is expected that refractory mineralization from the planned underground operation at Ruby Hill will be trucked to the Company's Lone Tree facility, once operational, and oxide mineralization can be processed on-site at the existing heap leach pad, or at the existing CIL plant. i-80's substantial existing infrastructure at Lone Tree and Ruby Hill is expected to reduce potential exposure to the current inflationary environment.
"It is extremely encouraging to see multiple zones of high-grade mineralization developing in the southern portion of the Ruby Deeps zone, continuing to demonstrate the property's potential to host a world-class, Carlin-type, gold deposit.", stated Ewan Downie, CEO of i-80. "In addition to successfully expanding mineralization in the primary target zones, significant alteration and mineralization has been observed in multiple exploration targets that have been tested. The footprint of the alteration system at Ruby Hill is comparable to Nevada's most productive gold districts. I have been fortunate to have been a part of several significant discoveries and the delineation of major deposits, but perhaps have not participated in a project with the upside potential we are seeing at Ruby."
The Ruby Hill Property is one of the Company's primary assets and is host to the core processing infrastructure within the Eureka District of the Battle Mountain-Eureka Trend including a CIL plant and an active heap leach facility. The Property is host to multiple gold, gold-silver and poly-metallic (base metal) deposits.
All samples were submitted to ALS Minerals (ALS) of Sparks, NV, which is an ISO 9001 and 17025 certified and accredited laboratory, independent of the Company. Samples submitted through ALS are run through standard prep methods and analysed using Au-AA23 (Au; 30g fire assay) and ME-ICP41 (35 element suite; 0.5g Aqua Regia/ICP-AES) for ALS. ALS also undertakes their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. i-80 Gold Corp's QA/QC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results.
Tim George, PE, Mine Operations Manager, reviewed the technical and scientific information contained in this press release and is a Qualified Person within the meaning of NI 43-101.
i-80 Gold Corp. is a well-financed, Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of multiple deposits within the Company's advanced-stage property portfolio with processing at i-80's centralized milling facility that includes an autoclave.
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to, the expansion or mineral resources at Ruby Hill and the potential of the Ruby Hill project. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to: material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
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SOURCE i-80 Gold Corp | https://www.mysuncoast.com/prnewswire/2022/07/12/i-80-gold-intersects-198-gt-au-over-332-m-southmost-step-out-hole-ruby-hill/ | 2022-07-12T11:25:33Z |
Massive catch! Man sets state record with 104-pound catfish
NATCHEZ, Miss. (Gray News) - A Mississippi man has raised the bar with his latest catch.
According to the Mississippi Department of Wildlife, Fisheries, and Parks, Christopher Halley caught a 104-pound blue catfish in the Mississippi River near Natchez on a trotline.
The department shared Halley’s catch on Tuesday regarding the new State Trophy Record Blue Catfish.
Officials said Halley’s fish was 3 pounds heavier than the previous record that was set in 1997 by the team of Freddie Parker and Brad Smith.
According to the department, this was the second blue catfish state record broken this year. Eugene Cronley of Brandon landed a 131-pound Blue Catfish in April using a rod and reel also in the Mississippi River near Natchez.
Mississippi fishing records are separated into three categories: Rod and Reel, Trophy and Fly Fishing. Those current records can be seen here.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/10/massive-catch-man-sets-state-record-with-104-pound-catfish/ | 2022-08-10T02:34:08Z |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tupperware investors who were adversely affected by alleged securities fraud between November 3, 2021 and May 3, 2022. Follow the link below to get more information and be contacted by a member of our team:
TUP 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) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) 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 Tupperware during the relevant time frame, you have until August 15, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/06/30/tup-lawsuit-alert-levi-amp-korsinsky-notifies-tupperware-brands-corporation-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:02:33Z |
Since the medicine's first approval in 2016, nearly 130,000 people in the U.S. have been treated with Taltz
INDIANAPOLIS, Aug. 8, 2022 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) announced today the availability of a new, citrate-free formulation of Taltz® (ixekizumab) injection 80 mg/mL. The new formulation, which was recently approved by The U.S. Food and Drug Administration in May 2022, includes the same active ingredient as the original formulation. The new Taltz formulation significantly reduced injection site pain experienced by some people immediately following injection as shown by an 86% decrease in a visual analog scale (VAS) of pain versus the original formulation. Taltz is approved to treat adults and children six years and older with moderate to severe plaque psoriasis who are candidates for systemic therapy or phototherapy, adults with active psoriatic arthritis, active ankylosing spondylitis (AS) and active non-radiographic axial spondyloarthritis (nr-axSpA) with objective signs of inflammation.
"Taltz has long delivered effective treatment with a well-established safety profile that addresses symptoms for people living with plaque psoriasis, psoriatic arthritis, AS and nr-axSpA," said Ashley Diaz-Granados, vice president, U.S. Immunology at Lilly. "We're proud of our investment in research that keeps the patient experience at the center. This new formulation provides yet another reason to choose Taltz, and we look forward to introducing it to patients who have not yet tried Taltz and providing a seamless transition for those already enjoying the medicine's benefits."
Taltz citrate-free demonstrated a safety profile consistent with the original formulation. The safety information for Taltz can be found below.
Existing Taltz patients will not need a new prescription, nor should they experience a gap in their therapy. The new formulation is currently being shipped across the U.S. with anticipated broad availability for both new and existing Taltz patients by the end of the month. In the interim, the original formulation of Taltz continues to be available until it is replaced by the citrate-free formulation. The citrate-free formulation of Taltz was approved by the European Medicines Agency in December 2021 with several markets launching now and many more anticipated in the coming months.
"Today is an exciting milestone for the nearly 30 million people around the world who live with the challenging symptoms of these autoimmune diseases that affect the skin and joints," said April Armstrong, M.D., MPH, professor of dermatology and associate dean of clinical research, Keck School of Medicine at the University of Southern California. "In my six years of prescribing Taltz, I've seen firsthand the significant impact Taltz has had for patients across multiple indications. The availability of Taltz as a citrate-free formulation represents an important advance in patient care that will allow more patients to experience less injection-site pain."
Lilly is committed to improving experiences for people treated with Taltz, providing the same active ingredient in a new citrate-free formulation. Lilly's investment into patient-centric research is evident as Taltz has been studied in more than 10,000 people in clinical trials globally and has been available in most markets for more than five years.1 In the U.S., more people living with psoriasis are treated with Taltz compared to any other IL-17A antagonist, adding to the nearly 130,000 people in the U.S. who have been treated with the medicine.2
To learn more about real success stories with Taltz, please visit Taltz.com.
IMPORTANT SAFETY INFORMATION FOR TALTZ
CONTRAINDICATIONS
Taltz is contraindicated in patients with a previous serious hypersensitivity reaction, such as anaphylaxis, to ixekizumab or to any of the excipients.
WARNINGS AND PRECAUTIONS
Infections
Taltz may increase the risk of infection. In clinical trials of adult patients with plaque psoriasis, the Taltz group had a higher rate of infections than the placebo group (27% vs 23%). A similar increase in risk of infection was seen in placebo-controlled trials of adult patients with psoriatic arthritis, ankylosing spondylitis, non-radiographic axial spondyloarthritis, and pediatric patients with plaque psoriasis. Serious infections have occurred. Instruct patients to seek medical advice if signs or symptoms of clinically important chronic or acute infection occur. If a serious infection develops, discontinue Taltz until the infection resolves.
Pre-Treatment Evaluation for Tuberculosis
Evaluate patients for tuberculosis (TB) infection prior to initiating treatment with Taltz. Do not administer to patients with active TB infection. Initiate treatment of latent TB prior to administering Taltz. Closely monitor patients receiving Taltz for signs and symptoms of active TB during and after treatment.
Hypersensitivity
Serious hypersensitivity reactions, including angioedema and urticaria (each ≤0.1%), occurred in the Taltz group in clinical trials. Anaphylaxis, including cases leading to hospitalization, has been reported in post-marketing use with Taltz. If a serious hypersensitivity reaction occurs, discontinue Taltz immediately and initiate appropriate therapy.
Inflammatory Bowel Disease
Patients treated with Taltz may be at an increased risk of inflammatory bowel disease. In clinical trials, Crohn's disease and ulcerative colitis, including exacerbations, occurred at a greater frequency in the Taltz group than the placebo group. During Taltz treatment, monitor patients for onset or exacerbations of inflammatory bowel disease and if IBD occurs, discontinue Taltz and initiate appropriate medical management.
Immunizations
Prior to initiating therapy with Taltz, consider completion of all age-appropriate immunizations according to current immunization guidelines. Avoid use of live vaccines in patients treated with Taltz.
ADVERSE REACTIONS
Most common adverse reactions (≥1%) associated with Taltz treatment are injection site reactions, upper respiratory tract infections, nausea, and tinea infections. Overall, the safety profiles observed in adult patients with psoriatic arthritis, ankylosing spondylitis, non-radiographic axial spondyloarthritis, and pediatric patients with plaque psoriasis were consistent with the safety profile in adult patients with plaque psoriasis, with the exception of influenza and conjunctivitis in psoriatic arthritis and conjunctivitis, influenza, and urticaria in pediatric psoriasis.
Please see full Prescribing Information and Medication Guide for Taltz. See Instructions for Use included with the device.
IX HCP ISI 07MAY2020
About Taltz®
Taltz® (ixekizumab) is a monoclonal antibody that selectively binds with interleukin 17A (IL-17A) cytokine and inhibits its interaction with the IL-17 receptor. IL-17A is a naturally occurring cytokine that is involved in normal inflammatory and immune responses. Taltz inhibits the release of pro-inflammatory cytokines and chemokines.
About the Citrate-Free Injection Pain Study
The citrate-free injection pain study (N=70) was a subject-blind, randomized, crossover study in healthy participants ages 18-75 years to determine injection site pain differences between Taltz citrate-free formulation compared to the original formulation of Taltz. The primary endpoint, pain intensity on injection, was measured by the Visual Analog Scale (VAS) of pain 0-100mm.3
About Lilly
Lilly unites caring with discovery to create medicines that make life better for people around the world. We've been pioneering life-changing discoveries for nearly 150 years, and today our medicines help more than 47 million people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges, redefining diabetes care, treating obesity and curtailing its most devastating long-term effects, advancing the fight against Alzheimer's disease, providing solutions to some of the most debilitating immune system disorders, and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/newsroom or follow us on Facebook, Instagram, Twitter and LinkedIn.
P-LLY
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about Taltz as a treatment for people with moderate to severe plaque psoriasis, active psoriatic arthritis, active ankylosing spondylitis and active non-radiographic axial spondyloarthritis and other conditions and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there is no guarantee that future study results will be consistent with study results to date. For further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
PP-IX-US-5653 08/2022 © Lilly USA, LLC 2022. All rights reserved.
Taltz® is a registered trademark owned or licensed by Eli Lilly and Company, its subsidiaries, or affiliates.
- Data on file. Lilly USA, LLC. DOF-IX-US-0310
- Data on file. Lilly USA, LLC. DOF-IX-US-0307
- Chabra S, Gill BJ, Gallo G, et al. Ixekizumab citrate-free formulation: results from two clinical trials. Adv Ther. 2022;Epub (Incl Suppl Inf):1-11, 1-4. https://doi.org/10.1007/s12325-022-02126-0
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SOURCE Eli Lilly and Company | https://www.mysuncoast.com/prnewswire/2022/08/08/lillys-taltz-ixekizumab-now-available-new-citrate-free-formulation-reduce-injection-site-pain-improved-patient-experience/ | 2022-08-08T11:46:58Z |
Celebrate with Us from June 7th to 14th
MERCED, Calif., June 7, 2022 /PRNewswire/ -- Multiracial Heritage Week is the national week of celebration for the Biracial and Multiracial population. This year we are excited to introduce our new mascot, Kai, who represents our community.
The Multiracial population went from 2.9 percent in 2010 to 10.2 percent in the 2020 Census, a 276 percent increase! And we continue to grow. Multiracial children will now have a companion in Kai.
We are also introducing Classification Rights for Multiracial Individuals, which is part of the presentation found here: https://tinyurl.com/classificationofrights
Project RACE was founded in 1990 as Project RACE (Reclassify All Children Equally) to ensure that Multiracial people have an appropriate and respectful word to describe themselves and to check on forms used by schools, in medicine, on the U. S. Census, etc. We have over 30 years of accomplishments on state and federal levels. We have been given the Congressional Certificates of Special Recognition in 2021 and 2022. We have testified before Congressional Subcommittees five times at their request. You can find more information at our website www.projectrace.com or by looking at our presentation at: https://tinyurl.com/mhwpresentation
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SOURCE Project RACE | https://www.mysuncoast.com/prnewswire/2022/06/07/project-race-introduces-new-mascot-multiracial-heritage-week/ | 2022-06-07T14:48:10Z |
LOS ANGELES, Aug. 23, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today announced that Lingo Management, LLC ("Lingo"), a B. Riley Principal Investments portfolio company, has completed the acquisition of BullsEye Telecom Inc. ("BullsEye"). BullsEye follows B. Riley's recent acquisition of Lingo in which the Company increased its ownership interest to 80% on May 31, 2022.
Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, said, "The addition of BullsEye continues our principal investments approach and offers further revenue diversification and cashflows for B. Riley. This acquisition aligns with our long-stated intention to continue to use our platform of services and capabilities to source proprietary opportunities that can generate additional recurring revenue and stable EBITDA."
BullsEye is an award-winning single source communications and cloud technology provider that serves thousands of businesses ranging from one location companies to multi-location enterprises. Lingo is a global provider of cloud-based voice and data solutions serving small and medium sized businesses and consumers. The combination of Lingo and BullsEye on a single platform provides increased scale and technology expertise and leverages B. Riley Principal Investments' existing portfolio of communications companies and operational expertise.
Through B. Riley Principal Investments, the Company invests in, owns, and operates several portfolio companies across various vertical markets including telecommunications entities such as United Online, Inc., an Internet access and services provider, magicJack VoIP Services, LLC, a leading VoIP cloud-based communications company, and Marconi Wireless Holdings, LLC, a mobile virtual network operator (MVNO).
B. Riley Securities Inc. served as financial advisor in connection with the transaction. King & Spalding LLP acted as legal advisor and Cahill, Gordon & Reindel LLP acted as regulatory advisor to Lingo.
Financial terms of the transaction were not disclosed.
About B. Riley Financial
B. Riley Financial is a diversified financial services platform that delivers tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. B. Riley leverages cross-platform expertise to provide clients with full service, collaborative solutions at every stage of the business life cycle. Through its affiliated subsidiaries, B. Riley provides end-to-end, collaborative financial services across investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction, and liquidation services. B. Riley opportunistically invests to benefit its shareholders, and certain registered affiliates originate and underwrite senior secured loans for asset-rich companies. B. Riley refers to B. Riley Financial, Inc. and/or one or more of its subsidiaries or affiliates. For more information, please visit www.brileyfin.com.
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SOURCE B. Riley Financial | https://www.kxii.com/prnewswire/2022/08/23/b-riley-subsidiary-lingo-management-announces-closing-bullseye-telecom-acquisition/ | 2022-08-23T13:41:48Z |
Topeka City Council votes to invest $1.2 million in Townsite parking garage repairs
TOPEKA, Kan. (WIBW) - City officials say the Townsite parking garage needs immediate repairs, so the City Council discussed whether to make the investment or hand off the garage to another owner.
On Tuesday, the City Council voted to take $1.2 million out of the parking garage reserve fund to repair issues, which includes about more than 60 lights.
As for the City’s residency requirements, City workers now must live only within the state of Kansas, rather than city limits.
The Council said it should help with filling open positions, but there are exceptions.
“Still within Kansas, not within the city, department heads in the county and the judges and city manager in the city. There is a five year review period on that so it’s got a sunset in it. So, it can be addressed again in five years but it can happen sooner of course,” said Councilwoman Karen Hiller.
Hiller said they will still need to make a final decision on whether to sell of any of the parking garages on a later date.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/07/topeka-city-council-votes-invest-12-million-townsite-parking-garage-repairs/ | 2022-09-07T03:33:35Z |
NEW YORK, Aug. 29, 2022 /PRNewswire/ -- Attention Outset Medical, Inc. ("Outset Medical") (NASDAQ: OM) 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 all persons or entities who purchased Outset Medical common stock between September 15, 2020, and June 13, 2022.
If you suffered a loss on your investment in Outset Medical, 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 Outset Medical includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's flagship product, Tablo Hemodialysis System ("Tablo"), would require an additional 510(k) application to be filed with The United States Food and Drug Administration ("FDA"), as defendants had "continuously made improvements and updates to Tablo over time since its original clearance"; (2) as a result, the Company could not conduct a human factors study on a cleared device in accordance with FDA protocols; (3) the Company's inability to conduct the human factors study subjected the Company to the likelihood of the FDA imposing a "shipment hold" and marketing suspension, leaving the Company unable to sell Tablo for home use; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and /or lacked a reasonable basis at all relevant times.
DEADLINE: September 6, 2022
Aggrieved Outset Medical investors only have until September 6, 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 | https://www.wibw.com/prnewswire/2022/08/29/class-action-alert-law-offices-vincent-wong-remind-outset-medical-investors-lead-plaintiff-deadline-september-6-2022/ | 2022-08-29T10:43:46Z |
US: Russia looks to step up hits on Ukraine infrastructure
WASHINGTON (AP) — The U.S. State Department on Monday issued a security alert warning that Russia is stepping up efforts to launch strikes against Ukraine’s civilian infrastructure and government facilities in the coming days.
The U.S. Embassy in Kyiv urged U.S. citizens still in Ukraine to depart the country immediately.
“If you hear a loud explosion or if sirens are activated, immediately seek cover,” the State Department said in its alert. “If in a home or a building, go to the lowest level of the structure with the fewest exterior walls, windows, and openings; close any doors and sit near an interior wall, away from any windows or openings.”
The State Department issued the alert after the U.S. intelligence community on Monday declassified a finding that determined that Russia would increasingly target Ukrainian civilian infrastructure, according to a U.S. official familiar with the intelligence. The official was not authorized to comment publicly about the finding and spoke on the condition of anonymity.
The new intelligence comes as Russia’s brutal invasion of Ukraine will hit the six-month mark Wednesday, which coincides with Ukraine’s independence day from Soviet Union rule.
President Joe Biden spoke Sunday with British Prime Minister Boris Johnson, French President Emmanuel Macron and German Chancellor Olaf Scholz about concerns about shelling near the Zaporizhzhia nuclear plant in southeastern Ukraine and called for the United Nations nuclear watchdog to visit the power plant.
The official said, however, that the intelligence finding is not specifically tied to concerns about Zaporizhzhia.
The Biden administration is battling to keep western allies — and Washington — focused on maintaining pressure on Russian President Vladimir Putin.
Senate Republican leader Mitch McConnell said Monday the “single most important thing going on in the world right now is to beat the Russians in Ukraine.”
Speaking at a luncheon event in Scott County, Kentucky, McConnell said the one fear he has is that the U.S. and others will “all kind of lose interest” as the war drags on.
“We need to stick with them,” McConnell said. “It’s important to us, and to the rest of the world, that they succeed.”
—
AP Congressional Correspondent Lisa Mascaro contributed reporting.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/23/us-russia-looks-step-up-hits-ukraine-infrastructure/ | 2022-08-23T02:23:12Z |
ST. PETERSBURG, Fla., Aug. 25, 2022 /PRNewswire/ -- Isleworth Healthcare Acquisition Corp. (the "Company") (Nasdaq: ISLE; ISLEW) today announced that it has cancelled its special meeting of shareholders that was previously scheduled for August 26, 2022, and that it will redeem all of its outstanding ordinary shares that were included in the units issued in its initial public offering (the "public shares"), effective as of the close of business on August 29, 2022, as the Company will not consummate an initial business combination on or prior to September 1, 2022.
Pursuant to the Amended and Restated Certificate of Incorporation, if the Company does not complete its initial business combination by September 1, 2022, then the Company will: (i) cease all operations except for the purpose of winding up, (ii) promptly redeem the public shares within ten business days thereafter, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Company's trust account including interest earned on the funds held in the trust account (less taxes payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders' rights as shareholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) thereafter, subject to the approval of the Company's remaining shareholders and its board of directors, dissolve and liquidate, subject in each case to the Company's obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.
The per-share redemption price for the public shares will be approximately $10.01.
The public shares will cease trading as of the close of business on August 26, 2022. As of the close of business on August 26, 2022, the public shares will be deemed cancelled and will represent only the right to receive the redemption amount.
The redemption amount will be payable to the holders of the public shares upon delivery of their shares. Beneficial owners of public shares held in "street name," however, will not need to take any action in order to receive the redemption amount.
There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.
The Company expects that the Nasdaq Stock Exchange will file a Form 25 with the United States Securities and Exchange Commission (the "Commission") to delist the Company's securities. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this press release may be deemed to constitute forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events, including, without limitation, the redemption of the Company's public shares and the Company's subsequent dissolution and liquidation and its delisting from the Nasdaq Stock Exchange and its termination of registration with the Commission. These statements may be preceded by, followed by or include the words "may," "might," "will," "will likely result," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or similar expressions. Such statements are subject to certain risks and uncertainties that could cause our actual results in the future to differ materially from the Company's historical results and those presently anticipated or projected. The Company wishes to caution investors not to place undue reliance on any such forward-looking statements. Any forward-looking statements speak only as of the date on which such statements are made, and the Company undertakes no obligation to update such statements to reflect events or circumstances arising after such date. The Company assumes no obligation to update forward-looking statements except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect to those or other forward-looking statements.
Media Contact
Dan Halvorson
EVP & CFO, Director
dan@isleworthhealthcare.com
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SOURCE Isleworth Healthcare Acquisition Corp. | https://www.wibw.com/prnewswire/2022/08/25/isleworth-healthcare-acquisition-corp-announces-cancellation-special-meeting-shareholders-redemption-public-shares-subsequent-dissolution/ | 2022-08-26T00:00:48Z |
In vitro study of the ELIAS Cancer Immunotherapy (ECI®) showed personalized T cell immunotherapy initiated a significant immune response against target cancer cells.
OLATHE, Kan., Aug. 10, 2022 /PRNewswire/ -- ELIAS Animal Health recently presented new mechanism of action data for the ELIAS Cancer Immunotherapy (ECI®) at the 2022 American College of Veterinary Internal Medicine Forum.
ECI is an adoptive cell therapy that stimulates a patient's immune system to recognize and attack cancers. ECI uses a personalized vaccine made from a patient's own cancer cells to "prime" the immune cells to recognize the cancer. These primed immune cells—which are collected from the patient through a procedure called apheresis—are activated and expanded ex vivo for reinfusion into the patient, where they travel to the cancer cells and attack them.
The mechanism of action for ECI has been demonstrated in an in vitro study using cancer cells and T cells collected from pet dogs being treated with ECI for osteosarcoma, a deadly form of bone cancer. In the presence of target cancer cells, activated T cells from vaccinated dogs demonstrated cytotoxic activity, meaning the T cells acted in such a way to kill cancer cells.
Read: ECI® Mechanism of Action Technical Summary
Results from a previously reported clinical trial evaluating ECI in pet dogs with appendicular osteosarcoma were impressive, with several long-term survivors.
A second ECI trial completed enrollment early 2022, with over 100 pet dogs enrolled at 10 sites across the United States. Results from that study are expected late 2022.
ELIAS Animal Health is a medical biotechnology company advancing novel targeted T cell-based immunotherapies for the treatment of canine cancers. The ELIAS Cancer Immunotherapy is available to veterinarians commercially under 9 CFR 103.3 as an experimental autologous prescription product for the treatment of canine osteosarcoma. The company's novel therapeutic approach offers the prospect of improved clinical outcomes and the potential for fundamentally changing the way cancer is treated. Learn more at www.eliasanimalhealth.com.
Media Contact:
Jessica Wiley
1-816-800-0504
jwiley@eliasah.com
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SOURCE Elias Animal Health | https://www.kxii.com/prnewswire/2022/08/10/elias-animal-health-research-demonstrates-cancer-killing-capabilities-its-activated-t-cell-immunotherapy/ | 2022-08-10T11:49:49Z |
AP Automation leader earns three prestigious awards from employee-review site Comparably.
MOUNTAIN VIEW, Calif., July 26, 2022 /PRNewswire/ -- Stampli, the Accounts Payable (AP) Automation leader, today announces it has been recognized by Comparably as a Top 100 company in three prestigious categories including: Best CEO for Diversity, Best CEO for Women, and Best Leadership Teams.
Comparably is an employee review site that collects anonymous employee ratings and feedback in order to help prospective hires evaluate a company, while also giving company's insight into areas where employees believe the company excels and opportunities for improvement. The aggregated reviews reveal valuable information on a company's culture and market compensation, offering a fair and accurate display of employer brands.
The Top 100 highest-rated companies for each category are assigned based on positive responses surrounding an employee's overall satisfaction, according to a set of criteria determined by Comparably.
"Our employees are the lifeblood at Stampli – we couldn't do what we do without them. We encourage them to bring their unique backgrounds, ideas, critiques, and experiences to the table and we're a stronger team, company, and leadership group because of great employees," shared Jena Garrett, Stampli's Director of Employee Success. "We are thrilled that we've been recognized in these categories and are committed to creating leadership and career growth opportunities within our organization."
In addition to Stampli's placement for Best CEO for Diversity, Best CEO for Women, and Best Leadership Teams, Stampli also earned top marks for quality of coworkers, total compensation, and in employee happiness.
Previously, Stampli was recognized by Comparably for "Best Company Outlook," "Best Company Work-Life Balance," "Best CEO," "Best Company for Women," "Best Company for Diversity," and "Best Company Culture."
Stampli currently has United States office locations in Mountain View, California and Nashville, Tennessee, and internationally in Tel Aviv, Israel and Kiev, Ukraine. Stampli was most recently recognized in G2's 2022 Best Software Awards for "Best Software Products," "Best Accounting & Finance Products," "Best Mid-Market Products," and "Highest Satisfaction Products." Stampli also earned recognition as "The Best AP Solution for 2022" in the FinTech Breakthrough Awards; named on the "Top Fintech Companies of 2021" list by CB Insights; designated one of the "Top 50 Most Promising Startups in Israel" by CTech; named "The Best AP Automation Company in the USA" from New World Report.
Stampli is a complete AP Automation platform that brings together accounts payable communications, documentation, corporate cards, and payments all in one place, allowing AP to have full control and visibility over corporate spending. By centering communications on top of the invoice itself, AP departments collaborate and communicate better with approvers, vendors, and anyone else involved with purchases, allowing approvals to happen 5x faster.
In addition, Stampli's AI, Billy the Bot, learns an organization's unique patterns to simplify GL-coding, automate approval notifications, identify duplicate invoices, and reduce time spent on manual data entry. Stampli's flexible platform fits seamlessly into any existing process and integrates with financial systems, including Dealertrack, Microsoft Dynamics 365 Finance, Microsoft Dynamics GP, Oracle NetSuite, QuickBooks Desktop, QuickBooks Online, Sage 100, Sage Intacct, SAP, and more. For more information, visit www.stampli.com.
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SOURCE Stampli | https://www.wibw.com/prnewswire/2022/07/26/stampli-receives-comparablys-best-leadership-team-best-ceo-diversity-best-ceo-women-awards/ | 2022-07-26T16:51:52Z |
One couple celebrating Fourth of July and 50 years of marriage
TOPEKA, Kan. (WIBW) - Dona and Ubaldo Ciminieri met at Topeka West High School where Ubaldo was a foreign exchange student from Buenos Arias, Argentina while Dona is a Topkea native.
Dona says she was a junior and Ubaldo was a senior at the time when they met in Gymnastics class.
She told 13 News they got engaged a year later, then married in 1972, celebrating 50 years of marriage.
The family has owned a house up at Lake Wabaunsee since 1975 and has been going back ever since.
“It’s just the tradition of carrying on those values and everybody loves one another and accepts one another and enjoys being together,” Dona’s brother’s wife Laurie said.
“I’ve enjoyed watching them in their marriage and all of their grandchildren and they’ve been fun to be with,” Dona’s brother Ron said.
“If I look around right now there are probably 60, between grandkids, kids and wife and I’m just really happy to have the opportunity to come to the United States,” Ubaldo said.
Dona told 13 News she spent three months out in Argentina to visit Ubaldo’s family. They both say they try to come up every year and celebrate the Fourth of July.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/04/one-couple-celebrating-fourth-july-50-years-marriage/ | 2022-07-04T02:45:24Z |
Collaboration leverages BNY Mellon's global capabilities with Emirates NBD's regional expertise and deep footprint in the UAE market
DUBAI, United Arab Emirates, July 5, 2022 /PRNewswire/ -- BNY Mellon, one of the world's largest financial institutions, and Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, have announced a strategic alliance aimed at accelerating the growth of United Arab Emirates' (UAE) capital markets. The collaboration unites BNY Mellon's global footprint with Emirates NBD's regional expertise to provide clients, across the UAE and globally, access to world-leading capital markets infrastructure and technology.
Robin Vince, CEO-elect of BNY Mellon, said, "BNY Mellon is proud to continue to build on our rich decades-long history in the Middle East and play an important role in enhancing the region's vibrant market infrastructure with Emirates NBD, one of the UAE's leading financial institutions. We look forward to collaborating to further our vision of trust and innovation in the Middle East."
Shayne Nelson, Group CEO of Emirates NBD, said, "Our strategic collaboration comes at a pivotal time of transformation in the UAE's capital markets and is testament to Emirates NBD's ongoing commitment to enhancing local market infrastructure. The alliance brings Emirates NBD's on-ground strengths, reach and long-standing reputation as a trusted financial services partner to individuals and businesses in the UAE together with BNY Mellon's global expertise as the world's largest custodian to create a win-win proposition for regional and overseas investors alike."
BNY Mellon and Emirates NBD will work together to increase international investor access to the UAE's dynamic market through digitization. The UAE is currently experiencing an expansion of capital markets with multiple new listings and significant increase in market liquidity on both Dubai Financial Market and Abu Dhabi Securities Exchange.
Akash Shah, Chief Growth Officer at BNY Mellon, said, "Emirates NBD's regional excellence together with our global expertise will transform our collective client experience. It comes at an opportune moment, with a number of local champions coming to market through the UAE's IPO boom. Together, we will help create the infrastructure to capture long-term value from the UAE's financial ecosystem, increase operational efficiencies and investor access."
Ahmed Al Qassim, Group Head, Corporate and Institutional Banking at Emirates NBD, said, "We are delighted to begin this strategic alliance, which will significantly enhance our proposition to UAE investors by enabling seamless global market access. In addition, overseas investors can now tap into the exciting opportunities created by UAE's upcoming IPOs, strengthening the investor base and liquidity in the local bourse."
BNY Mellon works with a wide range of sovereign wealth funds, financial institutions, governments, and other clients throughout the region, offering asset servicing and ancillary services, corporate trust and treasury services.
Emirates NBD Group serves customers, businesses, governments and institutions with a range of financial products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.
ABOUT BNY MELLON
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2022, BNY Mellon had $45.5 trillion in assets under custody and/or administration, and $2.3 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
ABOUT EMIRATES NBD
Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Turkey) region with a presence in 13 countries, serving over 14 million customers. As at 31st March 2022, total assets were AED 694 billion, (equivalent to approx. USD 189 billion). The Group has operations in the UAE, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 901 branches and 4,060 ATMs / SDMs.
Emirates NBD Group serves customers, businesses, governments and institutions with a range of financial products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.
The Group is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. The Group also operates E20., a digital business bank for entrepreneurs and SMEs and Liv., the lifestyle digital bank for millennials. Emirates NBD is an active participant and supporter of the UAE's main development and sustainability initiatives, including financial literacy and the inclusion of people with disabilities. Emirates NBD Group is a Premier Partner and the Official Banking Partner for Expo 2020 Dubai.
Press Contacts:
Garrett Marquis
+1 (949) 683-1503 (m)
garrett.marquis@bnymellon.com
Ibrahim Sowaidan
Senior Vice President
Head - Group Corporate Affairs
Emirates NBD
Telephone: +971 4 609 4113 / +971 50 6538937
e-mail: ibrahims@emiratesnbd.com
Tricia Kaul
Vice-president, Finance Practice
asda'a bcw, Dubai, UAE
Tel: 971-4-4507600
Email: Tricia.Kaul@bcw-global.com
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SOURCE BNY Mellon | https://www.mysuncoast.com/prnewswire/2022/07/05/emirates-nbd-group-bny-mellon-announce-strategic-alliance-accelerate-growth-uae-capital-markets/ | 2022-07-05T11:54:08Z |
Company provides anticipated impact to second quarter 2022 financial results due to recently completed business development transactions
TARRYTOWN, N.Y., July 1, 2022 /PRNewswire/ -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that it has completed the acquisition of Sanofi's stake in Libtayo® (cemiplimab), providing Regeneron with exclusive worldwide development, commercialization, and manufacturing rights to the medicine originally discovered in Regeneron's laboratories. The intent to purchase Libtayo was announced on June 2, 2022.
In 2015, Regeneron and Sanofi entered into the Immuno-oncology License and Collaboration Agreement whereby the companies split Libtayo's worldwide operating profits equally and co-commercialized Libtayo in the U.S., with Sanofi solely responsible for commercialization outside the U.S. With today's closing, Regeneron will now record 100% of global net sales and expenses for Libtayo.
Regeneron intends to update its full year 2022 financial guidance to reflect the Libtayo purchase during its second quarter 2022 earnings announcement in early August.
There is no financial or accounting impact to second quarter 2022 financial results as a result of the Libtayo transaction.
On May 31, 2022, Regeneron announced that it had successfully acquired Checkmate Pharmaceuticals, Inc. for a total equity value of approximately $250 million. As a result of the Checkmate acquisition, Regeneron expects to record in the second quarter of 2022 an acquired in-process research and development (IPR&D) charge of approximately $195 million, which would negatively impact GAAP and non-GAAP diluted earnings per share by approximately $1.70. This acquired IPR&D charge and its resultant impact on diluted earnings per share represent unaudited estimates that have not been subject to Regeneron's quarterly financial statement closing procedures, and therefore actual amounts could differ from what the Company currently anticipates.
Regeneron (NASDAQ: REGN) is a leading biotechnology company that invents life-transforming medicines for people with serious diseases. Founded and led for nearly 35 years by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to nine FDA-approved treatments and numerous product candidates in development, almost all of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, pain, hematologic conditions, infectious diseases and rare diseases.
Regeneron is accelerating and improving the traditional drug development process through our proprietary VelociSuite® technologies, such as VelocImmune®, which uses unique genetically humanized mice to produce optimized fully human antibodies and bispecific antibodies, and through ambitious research initiatives such as the Regeneron Genetics Center, which is conducting one of the largest genetics sequencing efforts in the world.
For additional information about the company, please visit www.regeneron.com or follow @Regeneron on Twitter.
This press release includes forward-looking statements that involve risks and uncertainties relating to future events and the future performance of Regeneron Pharmaceuticals, Inc. ("Regeneron" or the "Company"), and actual events or results may differ materially from these forward-looking statements. Words such as "anticipate," "expect," "intend," "plan," "believe," "seek," "estimate," variations of such words, and similar expressions are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Risks that may cause these forward-looking statements to be inaccurate include, among others: risks related to the Company's ability to realize the anticipated benefits of the restructuring (the "Restructuring") of the Company's Immuno-oncology Collaboration with Sanofi related to Libtayo® (cemiplimab-rwlc) and/or the acquisition (the "Acquisition") of Checkmate Pharmaceuticals, Inc. ("Checkmate") discussed in this press release, including the possibility that the expected benefits from the Restructuring and/or the Acquisition will not be realized or will not be realized within the expected time period and that Checkmate will not be integrated successfully; the impact of the Restructuring on Regeneron's business, operating results, and financial condition, as well as effects of the consummation of the Restructuring on the market price of the Company's common stock; future costs associated with the Restructuring and/or integration of Checkmate; the impact of SARS-CoV-2 (the virus that has caused the COVID-19 pandemic) on Regeneron's business and its employees, collaborators, and suppliers and other third parties on which Regeneron relies, Regeneron's and its collaborators' ability to continue to conduct research and clinical programs, Regeneron's ability to manage its supply chain, net product sales of products marketed or otherwise commercialized by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Products"), and the global economy; the nature, timing, and possible success and therapeutic applications of Regeneron's Products, product candidates being developed by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Product Candidates") and research and clinical programs now underway or planned, including without limitation Libtayo; uncertainty of the utilization, market acceptance, and commercial success of Regeneron's Products and Regeneron's Product Candidates and the impact of studies (whether conducted by Regeneron or others and whether mandated or voluntary) on any of the foregoing or any potential regulatory approval of Regeneron's Products and Regeneron's Product Candidates; the likelihood, timing, and scope of possible regulatory approval and commercial launch of Regeneron's Product Candidates and new indications for Regeneron's Products (such as Libtayo); the extent to which the results from the research and development programs conducted by Regeneron and/or its collaborators or licensees may be replicated in other studies and/or lead to advancement of product candidates to clinical trials, therapeutic applications, or regulatory approval; the ability of Regeneron's collaborators, licensees, suppliers, or other third parties (as applicable) to perform manufacturing, filling, finishing, packaging, labeling, distribution, and other steps related to Regeneron's Products and Regeneron's Product Candidates; the ability of Regeneron and/or its collaborators to manufacture and manage supply chains for multiple products and product candidates; safety issues resulting from the administration of Regeneron's Products and Regeneron's Product Candidates in patients, including serious complications or side effects in connection with the use of Regeneron's Products and Regeneron's Product Candidates in clinical trials; determinations by regulatory and administrative governmental authorities which may delay or restrict Regeneron's ability to continue to develop or commercialize Regeneron's Products and Regeneron's Product Candidates; ongoing regulatory obligations and oversight impacting Regeneron's Products, research and clinical programs, and business, including those relating to patient privacy; the availability and extent of reimbursement of Regeneron's Products from third-party payers, including private payer healthcare and insurance programs, health maintenance organizations, pharmacy benefit management companies, and government programs such as Medicare and Medicaid; coverage and reimbursement determinations by such payers and new policies and procedures adopted by such payers; competing drugs and product candidates that may be superior to, or more cost effective than, Regeneron's Products and Regeneron's Product Candidates; unanticipated expenses; the costs of developing, producing, and selling products; the ability of Regeneron to meet any of its financial projections or guidance and changes to the assumptions underlying those projections or guidance; the potential for any license, collaboration, or supply agreement, including Regeneron's agreements with Sanofi, Bayer, and Teva Pharmaceutical Industries Ltd. (or their respective affiliated companies, as applicable), to be cancelled or terminated; and risks associated with intellectual property of other parties and pending or future litigation relating thereto (including without limitation the patent litigation and other related proceedings relating to EYLEA® (aflibercept) Injection, Dupixent® (dupilumab), Praluent® (alirocumab), and REGEN-COV® (casirivimab and imdevimab)), other litigation and other proceedings and government investigations relating to the Company and/or its operations, the ultimate outcome of any such proceedings and investigations, and the impact any of the foregoing may have on Regeneron's business, prospects, operating results, and financial condition. A more complete description of these and other material risks can be found in Regeneron's filings with the U.S. Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2021 and its Form 10-Q for the quarterly period ended March 31, 2022. Any forward-looking statements are made based on management's current beliefs and judgment, and the reader is cautioned not to rely on any forward-looking statements made by Regeneron. Regeneron does not undertake any obligation to update (publicly or otherwise) any forward-looking statement, including without limitation any financial projection or guidance, whether as a result of new information, future events, or otherwise.
Regeneron uses its media and investor relations website and social media outlets to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Regeneron is routinely posted and is accessible on Regeneron's media and investor relations website (http://newsroom.regeneron.com) and its Twitter feed (http://twitter.com/regeneron).
This press release includes non-GAAP net income per share, which is a financial measure that is not calculated in accordance with U.S. Generally Accepted Accounting Principles ("GAAP"). This non-GAAP financial measure is computed by excluding certain non-cash and/or other items from the related GAAP financial measure. The Company also includes a non-GAAP adjustment for the estimated income tax effect of reconciling items. The Company makes such adjustments for items the Company does not view as useful in evaluating its operating performance. Management uses this and other non-GAAP measures for planning, budgeting, forecasting, assessing historical performance, and making financial and operational decisions, and also provides forecasts to investors on this basis. Additionally, such non-GAAP measures provide investors with an enhanced understanding of the financial performance of the Company's core business operations. However, there are limitations in the use of such non-GAAP financial measures as they exclude certain expenses that are recurring in nature. Furthermore, the Company's non-GAAP financial measures may not be comparable with non-GAAP information provided by other companies. Any non-GAAP financial measure presented by Regeneron should be considered supplemental to, and not a substitute for, measures of financial performance prepared in accordance with GAAP.
Regeneron Media Relations
Alexandra Bowie
Tel: +1 914-847-3407
Alexandra.bowie@regeneron.com
Regeneron Investor Relations
Ryan Crowe
Tel: +1 914-847-8790
ryan.crowe@regeneron.com
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SOURCE Regeneron Pharmaceuticals, Inc. | https://www.wibw.com/prnewswire/2022/07/01/regeneron-completes-purchase-sanofis-stake-libtayo-cemiplimab/ | 2022-07-01T11:22:44Z |
NEW YORK, July 25, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) and its board of directors concerning the proposed acquisition of the company by MasTec (NYSE: MTZ). Stockholders will receive $10.50 in cash and 0.0483 shares of MasTec common stock for each share of Infrastructure and Energy Alternatives stock that they hold. The transaction is valued at approximately $1.1 billion and is expected to close in the fourth quarter of 2022.
If you are a stockholder of Infrastructure and Energy Alternatives, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at:https://rowleylawpllc.com/investigation/iea/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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SOURCE Rowley Law PLLC | https://www.wibw.com/prnewswire/2022/07/25/alert-rowley-law-pllc-is-investigating-proposed-acquisition-infrastructure-energy-alternatives-inc/ | 2022-07-25T23:44:25Z |
NEW YORK, June 8, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Credit Suisse Group AG ("Credit Suisse" or the "Company") (NYSE: CS) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 22-cv-02477, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Credit Suisse securities between March 19, 2021 and March 25, 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 Credit Suisse securities during the Class Period, you have until June 28, 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.
Credit Suisse, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The Company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services, and financing and lending, and multi-shore platform solutions.
Credit Suisse has a history of business dealings with Russian oligarchs, or ultra-high net worth business leaders possessing significant political influence. For example, an article published by Financial Times on February 7, 2022, entitled "Credit Suisse securitizes yacht loans to oligarchs and tycoons", cited a recent investor presentation for a synthetic securitization deal, in which Credit Suisse sold off $80 million worth of risk related to a $2 billion portfolio of loans backed by assets owned by certain of the bank's ultra-high net worth clients (the "Securitization Deal"), which disclosed that, in 2017 and 2018, Credit Suisse experienced 12 defaults on yacht and aircraft loans, a third of which were related to U.S. sanctions against Russian oligarchs. Press reports at the time indicated that Russian billionaires Oleg Deripaska, Arkady Rotenberg, and Boris Rotenberg had to terminate private jet leases with Credit Suisse in those years.
Beginning in or around October 2021, Russia commenced a major military build-up near the Russo-Ukrainian border, in apparent preparation for an invasion of Ukraine. Although the Russian government repeatedly denied it had plans to invade or attack Ukraine, the U.S. later released intelligence of Russian invasion plans, including satellite photographs showing Russian troops and equipment near the Russo-Ukrainian border.
In November 2021, as Russia's military buildup on the Russo-Ukrainian border continued, the Company entered the Securitization Deal.
Just months later, on February 24, 2022, Russian military forces invaded Ukraine. In the immediate aftermath of the invasion, Western governments including, among others, the U.S., Canada, and the European Union, imposed significant sanctions on Russia. The sanctions included, inter alia, measures targeting Russia's ultrawealthy oligarchs by denying them access to the global financial system and by, in some cases, authorizing the seizure of certain of their high-value assets located outside of Russia.
Barely a week after the commencement of the Russian invasion and the retaliatory sanctions imposed by Western nations, news outlets reported that Credit Suisse had requested non-participating investors who received information about the Company's loan portfolio to destroy and permanently erase any confidential information that Credit Suisse provided to them regarding the Securitization Deal.
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) Credit Suisse had deficient disclosure controls and procedures and internal control over financial reporting; (ii) Credit Suisse's practice of lending money to Russian oligarchs subject to U.S. and international sanctions created a significant risk of violating rules pertaining to those sanctions and future sanctions; (iii) the foregoing conduct subjected the Company to an increased risk of heightened regulatory scrutiny and/or enforcement actions; (iv) the Securitization Deal concerned loans that Credit Suisse made to Russian oligarchs previously sanctioned by the U.S.; (v) the purpose of the Securitization Deal was to offload the risks associated with these loans and mitigate the impact on Credit Suisse of sanctions likely to be implemented by Western nations in response to Russia's invasion of Ukraine; (vi) Credit Suisse's request that non-participating investors destroy documents related to the Securitization Deal was intended to conceal the Company's noncompliance with U.S. and international sanctions in its lending practices; (vii) the foregoing, once revealed, was likely to subject the Company to enhanced regulatory scrutiny and significant reputational harm; and (viii) as a result, the Company's public statements were materially false and misleading at all relevant times.
On March 28, 2022, the U.S. House of Representatives Committee on Oversight and Reform sent Credit Suisse a letter asking the Company to turn over information and documents about a portfolio of loans backed by yachts and private jets owned by clients, potentially including sanctioned Russian individuals. In the letter, House Oversight Chair Carolyn Maloney and Rep. Stephen Lynch, chair of the Subcommittee on National Security, questioned Credit Suisse's request that hedge funds and other non-participating investors "destroy documents" related to yachts and private jets owned by the bank's clients. "Given the timing of this request and its subject matter," the House Democrats wrote, "Credit Suisse's action raises significant concerns that it may be concealing information" about whether participants in the deal may be "evading sanctions" imposed by the West after Russia's invasion of Ukraine.
On this news, Credit Suisse's stock price fell $0.21 per share, or 2.58%, to close at $7.94 per share on March 28, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/06/09/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-credit-suisse-group-ag-class-action-lawsuit-upcoming-deadline-cs/ | 2022-06-09T00:19:44Z |
WILMINGTON, Mass., July 20, 2022 /PRNewswire/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of detection solutions for concealed weapons and threats, is pleased to announce that it has finalized plans for the start of the upcoming beta trials of its HEXWAVE™ walkthrough security detection system, with the first beta unit on track to be delivered to its testing location by the end of August 2022.
The Company will deploy beta units in several settings, including a place of worship, an MLB stadium, a large state university, and in major airports for airline employee screening. Liberty has also expanded the number of planned beta sites to include more locations given the increased level of interest in the HEXWAVE and its ability to screen people efficiently for concealed metallic and non-metallic threats. These testing sites will expand to include more target market verticals including a cruise ship terminal, government buildings, and more. Beta testing will continue over the coming 12 weeks.
Since the last product update, the Company has continued to significantly improve the performance of the HEXWAVE system and has collected over 45,000 scenes incorporating a wide range of threat types, threat orientation, and various body types to train its Artificial Intelligence (AI) software. This improved performance of the walkthrough system will allow for advanced detection of today's evolving threats that include 3D printed guns, as well as liquid, plastic, and powder explosives.
HEXWAVE uses millimeter wave, advanced 3D imaging, and AI for enhanced detection capability, processing over 720 people per hour depending on the concept of operations. The system provides security operators with an automatic go/no-go decision, and a seamless experience for patrons and passengers.
"Liberty has continued to hire the best and the brightest to support building out an extremely robust software and hardware configuration as we prepare to launch the beta," says Liberty Defense CEO Bill Frain. "We are thrilled with the progress and look forward to getting HEXWAVE into real-world testing locations next month starting at our first beta site."
In other news, Liberty Defense will be among a select group of companies presenting in person in Boston, MA, at the Canaccord Genuity 42nd Annual Growth Conference on August 10, 2022, at 3:30 p.m. ET. The presentation can be viewed at the link following the conference: https://wsw.com/webcast/canaccord76/lddff/2613024.
For updates and news, please visit the Company website to subscribe to email alerts or follow Liberty Defense on social channels.
On Behalf of Liberty Defense
Bill Frain
CEO & Director
Liberty Defense (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com
When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).
Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
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SOURCE Liberty Defense Holdings Ltd. | https://www.wibw.com/prnewswire/2022/07/20/liberty-defense-announces-beta-trial-update/ | 2022-07-20T12:34:20Z |
ALBUQUERQUE, N.M. (AP) — Multiple miscalculations, inaccurate models and a lack of understanding of just how dry things are in the Southwest resulted in a planned burn to reduce the threat of wildfire turning into the largest blaze in New Mexico’s recorded history, the U.S. Forest Service said Tuesday.
The agency quietly posted an 80-page review that details the planning missteps and the conditions on the ground as crews ignited the prescribed fire in early April. The report states officials who planned the operation underestimated the amount of timber and vegetation that was available to fuel the flames, the exceptional dry conditions and the rural villages to water supplies that would be threatened if things went awry.
Within hours of lighting a test fire on that April day, multiple spot fires were reported outside containment lines and there were not enough resources or water to rein them in.
“The devastating impact of this fire to the communities and livelihoods of those affected in New Mexico demanded this level of review to ensure we understand how this tragic event unfolded,” U.S. Forest Chief Randy Moore wrote. “I cannot overstate how heartbreaking these impacts are on communities and individuals.”
As of Tuesday, the blaze had charred more than 533 square miles (1,380 square kilometers), making it the largest fire to have burned this spring in the U.S. It comes during a particularly ferocious season in which fire danger in overgrown forests around the West has reached historic levels due to decades of drought and warmer weather brought on by climate change.
The number of acres burned so far this year is more than two and half times the national average for the past 10 years, according to the National Interagency Fire Center. So far, 31,000 wildfires have burned more than 5,000 square miles (12,950 square kilometers) in the United States.
Anger and frustration have been simmering among residents and elected officials in northern New Mexico, where several hundred homes have been destroyed and thousands of residents were displaced.
Many mountainsides have been reduced to ash and once towering ponderosa pine trees have been turned into charred toothpicks. Spots considered sacred by the ranching and farming families who have called the region home for generations have been wiped out.
U.S. Rep. Teresa Leger Fernández called the Forest Service review incredibly disturbing, pointing to the multiple errors in the calculations that went into planning for the prescribed burn.
“Forest Service failures destroyed many rich and proud New Mexico communities,” she said in a statement. “The rains may cause a second flood disaster. As the report notes, the Forest Service put numerous homes, communities, lives, historic sites, and watersheds at risk.”
The report stated that the crew believed they were within the approved limits for the planned burn and had a plan to construct a line where they could check the fire’s progress and cease ignitions if the parameters were exceeded.
But the fire was burning in much drier conditions than the crew understood, according to the Forest Service’s analysis of fuel and weather information.
“Persistent drought, limited snow and rain, fine fuel accumulation, and fuel loading from burn unit preparation all contributed to increasing the risk of escape,” the report stated.
A mix of spot weather forecasts and on-site observations were the only methods of weather collection used. The days preceding the ignition of the prescribed fire were described as a “weather roller coaster,” and the agency said more data should have been used to assess the conditions.
The report also said managers failed to accurately assess the complexity of the planned burn, providing a picture that indicated risks has been reduced when in fact that wasn’t the case.
President Joe Biden recently flew over the fire and stopped briefly in New Mexico to assure residents the federal government would take responsibility for its role in causing the blaze. | https://cw33.com/news/u-s-news/ap-us-headlines/miscalculations-errors-blamed-for-massive-new-mexico-blaze/ | 2022-06-21T17:47:42Z |
Sergio Pérez wins dramatic Monaco Grand Prix after heavy rain causes long delay
By Ben Church, CNN
Sergio Pérez produced a brilliant drive as Red Bull capitalized on a dramatic Monaco Grand Prix on Sunday.
The Mexican driver started the race third but leapfrogged the leaders during an action-packed race.
While Pérez won the sport’s showpiece for the first time, his teammate Max Verstappen finished third with Ferrari’s Carlos Sainz in second.
Ferrari’s Charles Leclerc had started on pole but finished his home race down in fourth after his team’s pit stop strategy allowed Red Bull to overtake the Monegasque driver.
It means Verstappen extends his lead over Leclerc at the top of the driver’s championship.
Ferrari blunder
There was drama even before the race got underway, with a long rain delay pushing the start back by over an hour.
Leclerc finally led the field away and controlled the early stages of the damp race.
But it wasn’t to be for the Ferrari driver.
Leclerc found himself behind Pérez after stopping to switch to intermediate tires and then fell behind Verstappen and Sainz after a botched pit stop saw him drop to fourth.
Ferrari had tried to change its mind and told LeClerc to stay out instead, but it was too late with the driver already in the pit lane.
The safety car was back out after Mick Schumacher crashed heavily — the driver was unharmed — but the top positions remained unchanged on a track that is notoriously hard to overtake on.
‘Dream come true’
Despite Leclerc’s disappointment — and anger at times — an emotional Pérez was worthy of the win and celebrated in style as Red Bull left Monaco the happiest team.
“It’s a dream come true,” Pérez said. “After your home race it’s the most special race to win.”
After a two-week break, the season returns for a race in Baku, Azerbaijan, before drivers head to Montreal, Canada.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/29/sergio-perez-wins-dramatic-monaco-grand-prix-after-heavy-rain-causes-long-delay/ | 2022-05-29T18:17:56Z |
TORONTO, April 20, 2022 /PRNewswire/ -- QuadFi, a mission driven global fintech firm headquartered in Canada, today announced that it has entered into an agreement for a new financing facility of up to US $100M (CAD $127M) with Crayhill Capital Management, a New York-based minority-owned private credit manager. The facility will be used by QuadFi to provide personal loans to people with limited credit history, but with a strong current income and a bright financial outlook, including young people and immigrants.
Unlike traditional risk rating models which rely only on the historical behavior and income of customers, QuadFi's novel and adaptive underwriting model is forward-looking and considers a customer's future income and career trajectory. This innovative model is especially useful for customers with thin credit history but bright prospects, mainly newcomers, and younger demographic groups.
Further, the company offers immigrants the benefit of utilizing their home country financial history even after having left. Dr. Manny Nikjoo, Co-Founder and CEO of QuadFi noted, "Canada welcomes 400,000 new immigrants every year – and they deserve access to fair and affordable financial products. Our model incorporates credit data from their home countries, alternative data and open banking to provide accurate underwriting and deliver financial inclusion today. This partnership allows us to take a big step toward achieving our long-term pursuit of fostering financial inclusion and helping our customers, who are young, ambitious and educated, achieve the financial access they deserve. Crayhill understands our objectives, and now we have the runway to accelerate our growth, which will have benefits for our customers, investors, and communities," said Dr. Nikjoo. He added, "Our data-driven approach to lending was created to replace the outdated financial practices that currently lead to inequality of access to financial products for all groups."
"We are incredibly excited to partner with QuadFi and support their mission-driven growth. We believe that their cutting-edge technology and business model will enable them to deliver value to investors, clients and stakeholders across the economy," said Sloan Sutta, Managing Director at Crayhill Capital Management.
About QuadFi
QuadFi provides underserved credit groups, including immigrants and young people, with access to fair and affordable financial products. The company leverages data science to challenge outdated, biased, inaccurate underwriting, combining alternative data from domestic and international sources with proprietary AI/ML modeling.
QuadFi identifies opportunities to address financial exclusion by focusing on the intersection of global migration, financial data, and personal data. Created by first-generation immigrants and proudly based in Toronto, Canada, QuadFi is building a borderless financial future.
For more information on Quad-Fi, please contact Mehdi Ghaffari at m.ghaffari@quadfi.com.
About Crayhill Capital Management
Crayhill Capital Management LP is a New York-based, minority-owned alternative asset management firm that specializes in asset-based investment opportunities. The firm was launched in August 2015 and is registered with the U.S. SEC as an investment adviser. Crayhill strives to deliver capital solutions through tailored financing structures. Its asset-based investment strategies draw on deep sector expertise and relationships throughout the structured finance and specialty finance markets. For more information, please visit https://crayhill.com or email info@crayhill.com.
Crayhill Media Contacts
Josh Clarkson / Archana Kannan / Ethan Thomas
Prosek Partners
jclarkson@prosek.com / akannan@prosek.com / ethomas@prosek.com
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SOURCE Crayhill Capital Management | https://www.wibw.com/prnewswire/2022/04/20/quadfi-secures-us-100m-cad-127m-financing-facility-with-crayhill-capital-management/ | 2022-04-20T13:05:59Z |
COLUMBUS, Ohio, April 4, 2022 /PRNewswire/ -- AEP Energy Partners (AEPEP), a wholly owned subsidiary of American Electric Power (Nasdaq: AEP) company, seeks proposals for off-take from new and existing solar and wind facilities located in the PJM service region to support the company's growing retail and wholesale loads in Ohio including the recently passed Columbus, Ohio Electric Service Aggregation Program.
AEPEP is seeking renewable energy purchase agreements of 10, 12 or 15 years for new solar or wind projects and 5 to 15 years for existing projects (including incremental power from re-powering wind sites).
Notice of intent to bid must be received by AEPEP on or before Friday, April 13, 2022. Proposal packages are due no later than 5 p.m. EST, Friday, April 28, 2022 and should be submitted by email to abgough@aepes.com. Complete details about the Requests for Proposals are available on AEP's website or by calling Andrew Gough (614) 214-8009.
About AEP and AEP Energy Partners
American Electric Power (Nasdaq: AEP) subsidiaries AEP Renewables, AEP Energy, OnSite Partners, and AEP Energy Partners, deliver a wide array of innovative competitive energy solutions nationwide. As one of the largest wholesale suppliers in the country, AEP Energy Partners specializes in offering customized wholesale power supply products based on the specific needs of customers' electric systems within ERCOT, MISO, PJM and SPP. AEP Energy Partners also sells renewable energy through long-term contracts with utilities, electric cooperatives, municipalities and corporate customers. With a commitment to a clean energy future, AEP's competitive businesses currently own over 1,900 megawatts of wind, solar and energy storage on both a utility scale and distributed scale basis. Solving energy problems for customers, AEP Energy Partners and its competitive affiliates own and operate over 90 behind-the-meter projects in 26 different states and have an active development pipeline across the U.S. As a competitive retail electricity and natural gas supplier, AEP Energy serves over 700,000 residential and business customers in 28 service territories in six states and Washington, D.C. Based in Columbus, Ohio, Chicago, Illinois and San Diego, California, AEP's family of competitive companies takes pride in making it easy for customers and partners to buy, manage and use energy. For more information, visit https://www.aep.com/about/businesses/aepenergypartners
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SOURCE American Electric Power | https://www.wibw.com/prnewswire/2022/04/04/aep-energy-partners-seeks-solar-wind-projects-pjm/ | 2022-04-04T15:26:48Z |
‘I felt tears welling up in my eyes’: Woman unknowingly buys skates she originally sold 40 years earlier
(CBC) – A Canadian woman says she had a Cinderella moment when she went shopping for used roller skates.
As fate would have it, she coincidentally came across the same pair of skates she parted ways with 40 years earlier.
Renée Forrestall hadn’t laced up a pair of roller skates in more than 40 years. She wanted to try it again as a fun way to exercise, so she bought new skates last month.
She practiced for a week, but she said they didn’t fit right, not like the ones she had when she was young.
She searched online classified sites and quickly found a similar pair in questionable condition.
“They said, ‘Well, here it is, if you think that’s going to fit your foot, you’re welcome to try it,’” she said. “And I thought, ‘Ah, that’s a bit dodge.’ So, I kind of kept scrolling, but I said, ‘40 dollars, that’s a good deal.’ And I thought, ‘They do look like the ones I used to have.’”
Forrestall said they were pretty dirty when she first saw them.
Once she got her foot in one of the skates, however, she knew she found a good fit.
“It’s like Cinderella and the slipper moment,” she said. “It was very strange. It was like the perfect fit. I couldn’t believe it. And they felt good. It wasn’t even like the new ones that I had. It was like they were broken into my feet.”
Forrestall said she started asking the seller where he got the skates when things got even stranger.
“As he’s telling me, I flip back the tongue and there’s my name,” she said. “And I was like, ‘What?’ I thought, I couldn’t even believe it. I thought, ‘Who? How?’ I said, ‘This is me! These were mine.’ When I saw my name, the shock kind of absorbed me, and I felt tears welling up in my eyes. and I think because … suddenly I was reeled back to my youth. Like, 40 years ago. It was like … life flashed before my eyes.”
Watching this all take place was James Bond, the man selling the skates.
He said the moment filled his heart with joy.
“When she saw her name written on the insides, she just started tearing up and I thought that was so cool,” Bond said. “I feel like they could make a Disney movie out of the whole thing.”
Bond is selling a lot of items online right now because he’s getting ready to move. He had a strict first come first serve policy.
But something was different about this woman asking about the old roller skates.
“She explained a few things, just in probably three or four quick messages before she said she was going to come pick them up,” Bond said. “It was mainly just her tone in the message saying that she wanted to get back into roller skating. and wanted to find a good pair, so, it was just a gut feeling really.”
For Forrestall, it can’t be a coincidence. She felt a desire to roller skate again, she logged online to find the right pair and she was reunited with her 40-plus year old skates.
“The universe works in mysterious ways, you know? And I think things come around for a reason,” she said.
But Bond said this was meant to happen one way or another because he said he doesn’t believe in coincidence.
Copyright 2022 CBC via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/05/31/i-felt-tears-welling-up-my-eyes-woman-unknowingly-buys-skates-she-originally-sold-40-years-earlier/ | 2022-05-31T18:28:28Z |
Services for Floyd O. Fuchs, 96, of Temple are pending with Scanio-Harper Funeral Home in Temple.
Mr. Fuchs died Friday, May 20, at his residence.
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Partly cloudy in the morning followed by scattered thunderstorms in the afternoon. Potential for severe thunderstorms. High 92F. Winds SSE at 10 to 20 mph. Chance of rain 50%..
Scattered thunderstorms. Low 59F. Winds NNE at 10 to 20 mph. Chance of rain 60%.
Updated: May 21, 2022 @ 2:23 am
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To submit a paid obituary, please email advertiz@tdtnews.com with verbiage, along with an optional photograph. | https://www.tdtnews.com/obituaries/article_6d7f81ec-d89c-11ec-ace5-7fd12ee059e6.html | 2022-05-21T07:53:45Z |
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