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Launching in late 2022, new platform, United for Business Blueprint, to allow corporate customers to design travel programs to include offerings they value most – including United Corporate Preferred status, discounts on leisure travel for employees and more
Airline will also launch new website later this year to make it easier for corporate customers who choose to book their business travel through united.com and the United app to enroll and manage travel
CHICAGO, Aug. 11, 2022 /PRNewswire/ -- United today announces a new platform that will allow corporate customers to fully customize their business travel program contracts with the airline. This could include higher status in United's loyalty programs including United Corporate Preferred, the airline's loyalty program for corporate customers; options to make working while traveling easier, including reserving more spacious seats in Economy Plus® and wi-fi access; and incentives like discounts on leisure travel for employees.
In an innovative shift from discounted airfare being the only option available during the contracting process, customers will now be able to work with a United sales representative to choose from the airline's extensive product catalog to design a program that best fits their business travel needs. With the additional ability to customize these options down to individual flights, travelers and destinations, United is set to be the first airline to offer this level of customization in the contracting process through its new platform, United for Business Blueprint, which is scheduled to launch in late 2022.
"The needs of our customers are changing, and it's the right time to move beyond the one-size-fits-all contracting model that has become standard across the industry," said Doreen Burse, senior vice president of worldwide sales for United. "United has a best-in-class suite of benefits and services and our customers deserve the opportunity to take advantage of the offerings they value most. The voice of our customers played an essential role in how this new platform was built, and will continue to shape how it evolves in the future."
In addition to launching United for Business Blueprint, United will begin rolling out a new website in late 2022 that will make it easier for companies who book business travel on united.com or the United app to enroll in and manage their travel program. The site will have one of the most intuitive sign-up processes in the industry. With just a few clicks, customers can register with United for Business, browse programs and enroll in an option that best meets their business travel needs. Customers will gain access to a variety of new capabilities, including the ability to easily rebook and exchange travel and view and use future flight credits. Customers will also be able to view reports on travel activity based on money spent or trips taken, with the option to filter based by date of travel, origin, destination and more. New customizable booking and payment settings will also give travel administrators more choice in the payment options and spending guidelines they set for their travelers. The site was designed with small businesses in mind but will also bring great value to larger organizations that book their business travel through united.com or the United app.
United will preview the new platforms at this year's Global Travel Business Association (GBTA) Convention in San Diego on August 14, 2022. Companies interested in learning more can visit the United for Business team at GBTA Booth 2325.
About United
United's shared purpose is "Connecting People. Uniting the World." From our U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers. United is bringing back our customers' favorite destinations and adding new ones on its way to becoming the world's best airline. For more about how to join the United team, please visit www.united.com/careers and more information about the company is at www.united.com. United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol "UAL".
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SOURCE United Airlines | https://www.wibw.com/prnewswire/2022/08/11/united-launch-new-platforms-corporate-customers-fully-customize-manage-business-travel-programs/ | 2022-08-11T15:27:19Z |
LAKE OZARK, Mo. (AP) — Former NASCAR driver and Fox Sports analyst Clint Bowyer struck and killed a pedestrian on a highway in southwest Missouri earlier this month, police said.
The crash occurred June 5 on an exit ramp off of U.S 54 near Osage Beach, Missouri, according to a crash report from Lake Ozark police.
Bowyer, a native of Emporia, Kansas, stopped immediately after the collision and called 911, police said. The woman, 47-year-old Mary Jane Simmons, of Camdenton, died at the scene.
The crash report says Bowyer showed no signs of impairment and provided a roadside blood sample that showed no trace of alcohol.
A crystalline substance was found with the woman’s belongings and residents at a recreational vehicle park where she was staying said they believed she was under the influence of drugs, according to the police statement.
Bowyer retired in 2020 after winning 10 Cup Series races over 15 years. His sense of humor has been a hit in the Fox Sports booth since jumping into that job as a second career. | https://cw33.com/sports/ap-sports/former-nascar-driver-clint-bowyer-involved-in-fatal-crash/ | 2022-06-18T13:14:41Z |
TAMPA, Fla. (AP) — The Colorado Avalanche are on the verge of their first Stanley Cup title since 2001, thanks to Nazem Kadri’s overtime goal.
Even if the two-time defending champion Tampa Bay Lightning don’t believe it should have counted.
Kadri scored at 12:02 of the extra period to give Colorado a 3-2 victory in Game 4 of the Stanley Cup Final and move the Avalanche within a win of their first championship in over two decades. Game 5 is Friday night in Denver, where Colorado won the first two games of the series and are 7-2 this postseason.
Without specifically saying Tampa Bay felt Colorado had too many men on the ice just ahead of the final score, Lightning coach Jon Cooper suggested the game-winning goal should not have been allowed.
“We’re all in this together. Players, coaches, refs, everybody. But this one is going to sting much more than others,” Cooper said.
“It’s going to be hard for me to speak. … I’ll speak with you (Thursday). You’re going to see what I mean when you see the winning goal,” Cooper added. “And my heart breaks for the players. Because we probably still should be playing.”
The NHL released a statement said hockey operations staff met with the four officials after the game per usual and “each of the four officials advised that they did not see a too many men on the ice situation on the play.” The league said a too many men penalty is a judgement call, and the situation is not subject to video review.
Back in the lineup after being sidelined since June 4 with a thumb injury, Kadri skated in on Andrei Vasilevskiy and slipped a shot under the goaltender’s right arm to give Colorado a 3-1 series lead.
“That was a huge win. A resilient win,” said Kadri, who had been sidelined since being injured during Game 3 of the Western Conference final against Edmonton.
“I’ve been waiting for this my whole life,” he added. “I figured it was time to join the party.”
The Avalanche outshot the Lightning 11-3 in the extra period. Vasilevskiy stopped Logan O’Connor on a breakaway, and Colorado had a shot clang off the post and another hit the crossbar before Kadri ended it.
Anthony Cirelli scored 36 seconds into the game and Victor Hedman also scored in regulation for the Lightning. They took a 2-1 lead into the third period.
Nathan MacKinnon scored on a second-period power play for Colorado, and Andrew Cogliano tied it early in the third.
Darcy Kuemper, pulled from Game 3 after giving up five goals in a 6-2 loss, stopped 37 shots and had an assist of the winning goal for the Avalanche.
Vasilevskiy finished with 35 saves. He has rebounded from allowing 11 goals in Games 1 and 2 to limit the high-scoring Avalanche to five the past two games.
The Lightning are trying to become the first team to win at least three straight Stanley Cup titles since the New York Islanders won four in a row from 1980-83. The Avalanche last hoisted the Cup in 2001.
The Lightning have rebounded from playing poorly in Games 1 and 2 to make it interesting by neutralizing Colorado’s speed, limiting the Avalanche’s scoring opportunities and turning up the pressure on Kuemper, who was barely tested when he faced just 16 shots in a 7-0 blowout in Game 2.
Cirelli’s goal was the fastest in a Stanley Cup Final since 2006, and the Lightning set the tone for another busy night for Kuemper by outshooting the Avalanche 17-4 in the opening period. Two of Colorado’s shots came while skating short-handed, killing off Tampa Bay’s first power play of the night.
MacKinnon’s first goal of the series and 12th of the playoffs erased Colorado’s early deficit at 5:17 of the second period. The Avalanche pulled even again when Cogliano, assisted by Nico Sturm and Darren Helm, scored on a deflection less than three minutes into the third.
INJURIES
Kadri returned to the lineup after missing four games. He had been out since injuring his thumb when he was boarded by Evander Kane in Game 3 of Colorado’s sweep of Edmonton in the Western Conference final. Kane received a major penalty and was suspended a game.
Tampa Bay also played much of the game without defenseman Eric Cernak, banged up for much of the series.
HELPING HANDS
Mikko Rantanen and Cale Makar assisted on MacKinnon’s goal, giving both of them 20 this postseason — a franchise record for a single playoff year. Peter Stastny had 19 with Quebec in 1985.
___
More AP NHL: https://apnews.com/hub/nhl and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/kadris-ot-goal-lifts-avalanche-over-lightning-3-2-in-game-4/ | 2022-06-24T00:06:49Z |
PITTSBURGH, May 17, 2022 /PRNewswire/ -- "I am a farmer and I pride myself in growing high yielding crops. Every farmer has a keen eye for a good looking crop and tall, thick crops always stand out," said an inventor from Treherne, Canada. "I thought there should be a way for farmers to drive by crop fields and easily see who has the best looking crop, so I invented this."
He invented the patent-pending CORN RULER to provide a measuring system of showing off the current height of planted crops. This helps enable farmers and individuals in the agricultural industry to drive by and see the crop height without stopping, saving them time and money. It also ensures that a farmer is aware of the correct heights of his crops.
Additionally, this device could be easily installed and it could provide fun-loving competitions between farmers who want to show off their flourishing crops.
The original design was submitted to the Toronto sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TRO-559, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/05/17/inventhelp-farm-crop-measuring-device-tro-559/ | 2022-05-17T14:52:54Z |
Doctor accused of poisoning husband with Drano, attorney says
IRVINE, Calif. (KCAL/KCBS) – In California, an Orange County doctor is accused of poisoning her husband with Drano.
Detectives have now released some of the video they said they used to build a case against her.
Steven Hittelman, the lawyer representing Jack Chen, said Chen’s wife tried to kill him by poisoning him with Drano.
Chen said he had three videos to prove it.
Screenshots taken from cameras hidden in the couple’s house were presented. They allegedly show the suspect, 45-year-old Yue Yu, who is also a local physician, pouring the drain cleaner into her husband’s lemonade.
“She takes up the bottle, she pours it in, puts the cap back on and puts it back under the sink as though nothing else was happening in her day,” Hittelman said. “Very calm … very methodical.”
Yu was arrested last week after the images were brought to Irvine police.
Hittelman said his client has been sick for months.
“So, he started to have unusual symptoms back in the spring of this year … March and April,” he said. “He went in to get checked by a doctor and found out he had had some physical effects and he started then to connect the dots.”
Aside from the chemical taste in his mouth, Yu’s husband was diagnosed with stomach ulcers, gastritis and inflammation of the esophagus.
He then set up the cameras in the kitchen at the family home and made the discovery, according to Hittelman.
Soon after, Chen filed a restraining order against his wife, who also goes by the name Emily.
In court documents, Chen alleges longtime verbal, physical and emotional abuse which extended to their two children if they “let Emily know that they enjoyed spending time with me.”
He said the abuse would also occur if the children showed affection towards him. In the documents, Chen said Yu would put the children in their room and yell at them until they stopped showing him affection.
Chen said he has filed for divorce.
Yu was held on $30,000 bail, and has since bailed out.
The district attorney has not yet filed charges.
Copyright 2022 KCAL,KCBS via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/10/doctor-accused-poisoning-husband-with-drano-attorney-says/ | 2022-08-10T18:29:03Z |
Partnership combines scouting and training resources to expand player development opportunities
NFL Alumni Academy players to automatically receive XFL contract at the end of each season
NEW YORK, April 11, 2022 /PRNewswire/ -- The XFL today announced it has entered an exclusive partnership with the NFL Alumni Academy, an elite in-season training program for "NFL Ready" players led by former NFL coaches and players. Together, the XFL and the NFL Alumni Academy will enhance the football ecosystem by combining their scouting and training expertise to develop the next best players in the game and offer more opportunities to play professional football.
"This is a monumental partnership not only for the XFL, but for the entire football ecosystem," said Russ Brandon, XFL President. "The NFL Alumni Academy has found great success over the past two years training and mentoring up-and-coming players, many of whom have gone on to play in the NFL, and we are collaborating to create another avenue of opportunity for players to showcase their talent. We are completely aligned in our player-centric philosophy and we're eager to continue to explore the bounds of this partnership."
The XFL and the NFL Alumni Academy will work together to identify the highest caliber players to train at the NFL Alumni Academy, leveraging combined resources and expertise to seek quality talent. Upon completion of the NFL Alumni Academy at the end of the NFL season, each player will automatically receive an opt-in contract with the XFL. The goal of this partnership is to enhance the entire football ecosystem by extending player cycles and expanding professional playing opportunities that are also complementary with the NFL season and off-season.
"What makes a league successful is its players, which is why we take a holistic approach to player development at the NFL Alumni Academy, ensuring they have skills and resources needed to excel both on and off the field," said Dean Dalton, Executive Director at NFL Alumni Academy. "We are really excited for this strategic partnership with the XFL, which will have a positive ripple-effect across the entire football landscape." Dalton added. "We want to thank our marketing agency, WaV Sports and Entertainment, for bringing The NFL Alumni Academy and XFL together for this unique initiative"
The NFL Alumni Academy develops and trains the top available free-agent football players during the NFL season in preparation to sign an in-season contract with NFL teams looking to replace 500+ active roster players lost each season due to injury. The Academy has successfully placed players on NFL team rosters each season. Entering its third season in 2022, the NFL Alumni Academy is increasing the number of players and expanding the positions welcomed into its program, providing even more players the opportunity to train at the highest level. In addition to providing an elite football training forum, the NFL Alumni Academy offers off-field development opportunities including life skills, cognitive training, and mind-body wellness programs.
For more information, visit XFL.com and follow us on Twitter, Facebook, and Instagram.
The XFL's ownership group, led by Dany Garcia, Dwayne Johnson, and Gerry Cardinale's RedBird Capital Partners, is building a fan-first, fast-paced global professional football league with innovative rules and enhanced 360 game experience. The XFL will bring entertainment to world class football, with the goal of advancing the game of football and expanding player opportunities when it launches in February 2023. www.XFL.com
The NFL Alumni Academy provides a pathway for the top-graded free agent players that were released from NFL training camps to return to the NFL by giving them the opportunity to further develop their skills and realize their potential by training under the tutelage of elite former NFL coaches, players and performance coaches. The Tom Benson Hall of Fame Stadium at the Hall of Fame Village powered by Johnson Controls will initially serve as the NFL Alumni Academy's headquarters and training facility. The Academy will then move to the Center for Performance, which will be located on the Village's campus and is anticipated to be completed in 2022. The Center for Performance will feature an 80,000-square-foot, state-of-the-art indoor field house and training facility, among other amenities. www.NFLalumniacademy.com.
WaV Sports & Entertainment is a global sports marketing firm that specializes in sports property representation, brand side representation, and the management and production of unique sporting and entertainment events. WaV exclusively represents and manages various NFL Alumni initiatives such as their youth educational programming known as the Pro Day Experience and The NFL Alumni Academy. Additional information on the Company can be found at www.WaVsports.com.
Media Contacts for XFL
Jeremy Watkins
jwatkins@hstrategies.com
Dan Gagnier / Lindsay Barber
XFL@gagnierfc.com
Media Contact for The NFL Alumni Academy
Brian Klaasmeyer
brian@WaVsports.com
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SOURCE XFL | https://www.mysuncoast.com/prnewswire/2022/04/11/xfl-announces-exclusive-partnership-with-nfl-alumni-academy/ | 2022-04-11T14:45:40Z |
TUCSON, Ariz., July 18, 2022 /PRNewswire/ -- Universal Avionics (UA) was awarded a contract valued at $33 million to supply ClearVision™ systems –Enhanced Flight Vision Systems (EFVS) from AerSale (NASDAQ: ASLE). The solution featuring the SkyLens™ Head Wearable Display (HWD) and EVS-5000 cameras for the Boeing 737NG, is part of the AerAware™ installation, developed by AerSale.
The deal follows increasing interest in the aviation market for enhanced vision systems that provide significant operational benefits and improved situational awareness at night and in low visibility conditions.
ClearVision provides an innovative Combined Vision System (CVS) displayed to both pilot and copilot on the SkyLens HWD, a certified display for commercial aviation. The intuitive avionics suite includes UA's high-resolution EVS-5000 Enhanced Vision System (EVS) camera, composed of six sensors for a comprehensive and unprecedented multispectral coverage, and a 3D Synthetic Vision System (SVS). ClearVision greatly improves crew resource management in the cockpit of the 737NG and offers pilots the ability to overcome degraded visibility situations day and night allowing them to move in and out of airports faster, saving time and increasing operational efficiency. With SkyLens, pilots continuously operate head-up and can monitor flight information while retaining 3D situational awareness of terrain, and eventually aircraft traffic, through the system's unlimited 360-degree Field of View.
ClearVision is a trusted and certified solution, flying today on several fixed-wing and rotary-wing aircraft, building on more than 20 years of EVS heritage and more than 3000 EVS cameras already in service.
Dror Yahav, CEO of Universal Avionics said: "The ClearVision EFVS solution brings substantial capabilities to the 737NG and has demonstrated its advantages to operations including the ability to overcome degraded visibility solutions during any time of day. I believe that the ability to allow aircraft to operate in conditions well below published minimums is a game-changer."
Nicolas Finazzo, Chairman and CEO of AerSale said: "With this contract, we're ensuring deliverability of the AerAware system to the growing number of airlines who have expressed interest in this solution. We are bringing this innovative solution to commercial operators for improved safety and operational effectiveness and we're seeing a lot of excitement as we conduct demonstration flight tests."
About Universal Avionics
Universal Avionics, an Elbit Systems Company, is a leading manufacturer of innovative commercial avionics systems offered as retrofit and forward-fit solutions for the largest diversification of aircraft types in the industry. To learn more about Universal Avionics, visit www.uasc.com/company/about.
About AerSale
AerSale serves airlines operating large jets manufactured by Boeing, Airbus and McDonnell Douglas and is dedicated to providing integrated aftermarket services and products designed to help aircraft owners and operators to realize significant savings in the operation, maintenance and monetization of their aircraft, engines, and components. AerSale's offerings include: Aircraft & Component MRO, Aircraft and Engine Sales and Leasing, Used Serviceable Material sales, and internally developed 'Engineered Solutions' to enhance aircraft performance and operating economics (e.g. AerSafe™, AerTrak™, and now AerAware™).
Universal Avionics Press Contact
Mathew Devitt
Marketing Manager
mdevitt@uasc.com
+1 520 295 2300 | 800 321 5253
Photo - https://mma.prnewswire.com/media/1860919/Universal_Avionics_1.jpg
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SOURCE Universal Avionics | https://www.wibw.com/prnewswire/2022/07/18/universal-avionics-awarded-33m-deal-with-aersale-deliver-clearvision-enhanced-vision-systems-boeing-737ng/ | 2022-07-18T10:12:43Z |
Parents hoping to get their youngest children vaccinated against COVID-19 got some encouraging news Monday.
Pfizer said three small doses of its vaccine offers strong protection to youngsters under 5, according to preliminary data. That news comes a month after Moderna said it would ask regulators to OK its two doses for the youngest kids.
But a few steps remain before the shots are available. Health officials and their expert panels must first decide they are safe enough and provide enough protection to authorize them.
FDA REVIEW
U.S. Food and Drug Administration vaccine chief Dr. Peter Marks has pledged the agency will “move quickly without sacrificing our standards” in evaluating tot-sized doses from both Pfizer and Moderna.
The FDA has tentatively set a June 15 date for its scientific advisers to publicly review the two companies’ vaccines. After the advisers weigh in, the FDA determines whether to authorize the shot.
Moderna is seeking clearance for two low-dose shots for children under age 6 while Pfizer hopes to offer three extra-low doses to kids under age 5 — differences due to how each company studied its vaccine. Currently, the U.S. recommends vaccinations for everyone age 5 and older, and Pfizer is the only option for those children. Moderna for now is used only in adults in the U.S.
CDC REVIEW
If either vaccine is cleared for the littlest kids, the Centers for Disease Control and Prevention would have to recommend whether all babies, toddlers and preschoolers should receive them or only those at high risk of a serious illness.
The CDC would convene its own panel of advisers to debate the recommendation before issuing its official guidance.
ROLLOUT
The Biden administration has said the shots will roll out rapidly, and most tots are expected to be vaccinated in pediatricians’ offices or health clinics. It’s not clear how much demand there will be to vaccinate the youngest kids, however. Pfizer shots for 5- to 11-year-olds opened in November, but only about 30% of that age group have gotten the recommended initial two doses. | https://cw33.com/news/nexstar-media-wire/whats-next-for-covid-vaccines-for-us-kids-under-5/ | 2022-05-23T22:49:28Z |
Published in JAMDA, research is the first-ever study to evaluate a tunable solid-state (LED) lighting system as an intervention to reduce falls
COTTAGE GROVE, Wis., Aug. 11, 2022 /PRNewswire/ -- A first-of-its-kind, two-year study conducted by investigators at Brigham and Women's Hospital and the Midwest Lighting Institute (MLI), showed a significant 43 percent reduction in the rate of falls in residents at long-term care facilities that utilized a tunable LED lighting system compared to control facilities that maintained standard lighting. The lighting was operated on a schedule developed by Midwest Light Institute that implements specific spectrum and intensity levels timed to regularize sleep-wake cycles and boost the daytime alerting effects of light. The results were published in the Journal of the American Medical Directors Association (JAMDA).
"Falls among care home residents have major health and economic implications, and this study is the first of its kind to translate the known beneficial effects of tunable lighting on neurocognitive responses into a real-world setting and examine if changes in lighting spectrum and intensity throughout the day can reduce the risk of falls in the elderly," said Shadab Rahman, Ph.D. MPH, Investigator in the Division of Sleep and Circadian Disorders at Brigham and Women's Hospital and Assistant Professor of Medicine at Harvard Medical School. "We found that upgrading ambient lighting is a safe, effective, low-cost, low-burden preventative strategy to reduce fall risk in long-term care settings, one that has tremendous potential to save lives and improve patients' health and well-being."
Falls are the leading cause of injury-related death in U.S. adults aged 65 and olderi , and the economic impact of falls is immense, with fatal falls estimated to cost $754 million, and non-fatal falls $50 billion annuallyii. Research has shown that blue-enriched, higher intensity light exposure during the day can improve alertness, cognition, and subsequent nighttime sleep, while blue-depleted lower intensity light exposure at night can help facilitate sleep. Implementing new lighting systems to determine if these improvements could impact patient outcomes had not previously been evaluated in a head-to-head study.
"Fall prevention is a major public health priority given our aging population, and we know that the right lighting at the right time of day can improve alertness, cognition, and sleep, leading to fewer falls," said Rodney Heller, President of MLI and partner at Energy Performance Lighting. "We believe that utilizing modern lighting technology to regularize circadian rhythm could have an enormous impact on a range of health-related outcomes, and we plan to continue our research across other healthcare settings and into specific therapeutic areas."
The study, initiated by MLI and supported by the State of Wisconsin Department of Health Services, was designed to assess the impact of a tunable lighting schedule on the rate of falls in long-term care home residents. The observational study examined two pairs of care homes (four sites total) with 758 residents. One site from each pair was selected for a solid-state tunable lighting system upgrade throughout the facility, while the other site served as a control. Energy Performance Lighting completed the installation at each of the experimental study sites.
At the experimental sites, the intensity and spectrum were changed throughout the day to increase exposure to short-wavelength (blue light) during the day (6 a.m. to 6 p.m.) and decrease it overnight (6 p.m. to 6 a.m.). Intensity and spectrum did not change throughout the day at the control sites with standard lighting. The number of falls was aggregated from medical records covering approximately 126,000 resident days to compare the rate of falls per 1,000 resident days between the experimental and control conditions.
Results indicated a similar rate of falls between experimental and control sites before the lighting upgrade (6.94 vs. 6.62 per 1,000 resident days; p=0.82), whereas following the upgrade, the rate of falls was significantly reduced by 43 percent at the experimental sites compared to the control sites (4.82 vs. 8.44 per 1,000 resident days; p=0.004).
Midwest Lighting Institute's lighting system and its application is patented (US 11,109,467) by the United States Patent and Trademark office.
Midwest Lighting Institute (MLI) is a 501(c)(3) non-profit organization dedicated to transferring laboratory research on light and human physiological response into real-world environments with the goal of speeding up the adoption of lighting methods that deliver healthier environments and lower operating costs. Through investments in research, studies, and patents, MLI believes that proper lighting can improve human health, productivity, and safety while creating an immediate positive impact on the adopting company's bottom line. MLI's mission is to take existing scientific findings about light and well-being and put those into practice in real buildings to benefit people's lives.
i. Burns E, Kakara R. Deaths from falls among persons aged ≥65 years - United States, 2007- 2016. Morb Mortal Wkly Rep. 2018;67(18):509-514. Florence CS, Bergen G, Atherly A, Burns E, Stevens J, Drake C. Medical costs of fatal and nonfatal falls in older adults. J Am Geriatr Soc. 2018;66(4):693-698.
ii. Florence CS, Bergen G, Atherly A, Burns E, Stevens J, Drake C. Medical costs of fatal and 269 nonfatal falls in older adults. J Am Geriatr Soc. 2018;66(4):693-698.
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SOURCE Midwest Lighting Institute | https://www.wibw.com/prnewswire/2022/08/11/new-study-shows-innovative-led-lighting-system-cuts-risk-seniors-falling-long-term-care-facilities-by-43-percent/ | 2022-08-11T12:23:16Z |
SHANGHAI, Aug. 24, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced a proposed offering (the "Notes Offering") of US$870 million in aggregate principal amount of convertible senior notes due 2027 (the "Notes"), subject to market conditions and other factors. The Company intends to grant the initial purchaser in the Notes Offering an option, exercisable for settlement within a 13-day period, beginning on and including the date of the Notes Offering, to purchase up to an additional US$130 million in aggregate principal amount of the Notes.
The Company plans to use a portion of the net proceeds from the Notes Offering to pay the cost of the capped call transactions as described below. The Company plans to use the remainder of the net proceeds from the Notes Offering for (i) enhancement of the scale and capability of our logistics operations; (ii) investment in the logistics ecosystem; and (iii) working capital and other general corporate purposes.
When issued, the Notes will be general senior unsecured obligations of ZTO. The Notes will mature on September 1, 2027, unless earlier redeemed, repurchased or converted in accordance with their terms prior to such date.
Holders may convert the Notes at any time prior to the close of business on the fifth scheduled trading day immediately preceding the maturity date. Upon conversion, the Company will pay or deliver, as the case may be, cash, the Company's American depositary shares, each currently representing one Class A ordinary share (the "ADSs"), or a combination of cash and ADSs, at its election. Holders may elect to receive Class A ordinary shares in lieu of any ADSs deliverable upon conversion, which will be fungible with the Company's Class A ordinary shares listed on the Hong Kong Stock Exchange after the resale restriction termination date (as set forth in the terms of the Notes). The interest rate, initial conversion rate and other terms of the Notes will be determined at the time of pricing of the Notes.
The Company may redeem for cash all but not part of the Notes at any time if less than 10% of the aggregate principal amount of Notes originally issued remains outstanding at such time (the "Cleanup Redemption"). The Company may also redeem for cash all but not part of the Notes in the event of certain tax law changes (the "Tax Redemption").
Holders of the Notes have the option, subject to certain conditions, to require the Company to repurchase any Notes held in the event of a fundamental change.
In connection with the pricing of the Notes, the Company expects to enter into capped call transactions with the initial purchaser and/or its affiliates and/or other financial institutions (the "Option Counterparties"). The capped call transactions are generally expected to reduce potential dilution to the ADSs and the Class A ordinary shares of the Company represented thereby upon conversion of the Notes, and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, with such reduction of potential dilution and/or offset of cash payments, as the case may be, subject to a cap, and subject to the Company's ability to elect, subject to certain conditions, to settle the capped call transactions in cash (in which case the Company would not receive any ADSs from the Option Counterparties upon settlement of the capped call transactions). If the initial purchaser exercises its option to purchase additional Notes, the Company expects to use a portion of the net proceeds from the sale of the additional Notes to enter into additional capped call transactions. The Company has been advised that, in connection with establishing their initial hedge positions with respect to the capped call transactions, the Option Counterparties or their respective affiliates expect to purchase the ADSs and/or enter into various derivative transactions with respect to the ADSs concurrently with, or shortly after, the pricing of the Notes. The effect, if any, of this activity, including the direction or magnitude, on the market price of the ADSs or the price of the Notes will depend on a variety of factors, including market conditions, and cannot be ascertained at this time.
In addition, the Option Counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivative transactions with respect to the ADSs, the Notes or other securities of the Company and/or purchasing or selling the ADSs, the Notes or other securities of the Company in secondary market transactions following the pricing of the Notes and prior to the maturity of the Notes (and are likely to do so following any conversion of the Notes or repurchase of the Notes by the Company on any fundamental change repurchase date, the repurchase date or otherwise, in each case, if the Company elects to unwind the relevant portion of the capped call transactions early). Any of this activity could cause or avoid an increase or a decrease in the market price of the ADSs, other securities of the Company or the price of the Notes, which could affect whether the holders convert their Notes and the value of the consideration that holders will receive upon conversion of their Notes.
The Notes, the ADSs deliverable upon conversion of the Notes, if any, and the Class A ordinary shares represented thereby or deliverable upon conversion of Notes in lieu thereof, have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act") or any state securities laws. They may not be offered or sold within the United States or to U.S. persons, except to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act.
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, nor shall there be a sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
This press release contains information about the pending Notes Offering, and there can be no assurance that the Notes Offering will be completed.
About ZTO
ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK:2057) ("ZTO" or the "Company") is a leading and fast-growing express delivery company in China. ZTO provides express delivery services as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.
ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.
For more information, please visit http://zto.investorroom.com.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. ZTO may also make forward-looking statements in the Company's periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology, such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "confidence," "estimates," "likely to" and similar statements. Forward-looking statements involve inherent risks and uncertainties. Among other things, the terms of the Notes, and whether the Company will complete the Notes Offering, are forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the development of the e-commerce industry in China, its significant reliance on the Alibaba ecosystem, risks associated with its network partners and their employees and personnel, intense competition which could adversely affect the Company's results of operations and market share, any service disruption of the Company's sorting hubs or the outlets operated by its network partners or its technology system. Further information regarding these and other risks is included in ZTO's annual report on Form 20-Fs and other filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is current as of the date hereof, and ZTO assumes no obligation to update such information, except as required under applicable law.
For investor and media inquiries, please contact:
ZTO Express (Cayman) Inc.
Investor Relations
E-mail: ir@zto.com
Phone: +86 21 5980 4508
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SOURCE ZTO Express (Cayman) Inc. | https://www.wibw.com/prnewswire/2022/08/24/zto-announces-proposed-offering-us870-million-convertible-senior-notes/ | 2022-08-24T11:04:26Z |
Teen killed after walking into path of semi-truck, troopers say
Published: Sep. 9, 2022 at 10:06 AM CDT|Updated: 5 minutes ago
DAVENPORT, Iowa (KWQC) – A 16-year-old died Tuesday night after being hit by a semi-truck on a portion of Interstate 80, according to Iowa State Patrol.
Authorities said a semi-truck was heading westbound on I-80 and a car was stopped on the inside shoulder of the road.
The teen got out of the car and walked into the path of the truck and was killed, according to troopers.
The driver of the semi-truck was not hurt.
The crash remains under investigation.
Copyright 2022 KWQC via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/09/teen-killed-after-walking-into-path-semi-truck-troopers-say/ | 2022-09-09T15:12:46Z |
Prenatal marijuana exposure may put kids at risk of mental health disorders, study says
(CNN) – A study found women who use marijuana while pregnant may put their kids at risk of mental health disorders in late adolescence.
Researchers from Washington University in St. Louis analyzed data from an ongoing study tracking nearly 12,000 youths as they grow into young adults.
They found marijuana use by mothers after about five or six weeks into pregnancy was associated with attention, social and behavioral problems that persisted into early adolescence – 11 and 12 years of age.
They said those conditions may put kids at a greater risk of developing mental health disorders and substance abuse in late adolescence, when youths are usually most vulnerable to such disorders and behaviors.
The authors said the results further support caution when it comes to using marijuana during pregnancy.
The study was funded by the National Institutes of Health and published in the journal JAMA Pediatrics.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/09/12/prenatal-marijuana-exposure-may-put-kids-risk-mental-health-disorders-study-says/ | 2022-09-12T18:45:24Z |
- Sales show clear growth, rising by some 20 percent to €530 million
- High customer demand results in incoming orders worth €607 million
- Large order backlog of €969 million provides sound basis for the rest of the financial year
- Noticeable improvement in operating result – EBITDA increases by €20 million to €35 million
- Positive net result after taxes: €5 million
- Forecast for 2022/23 financial year confirmed
HEIDELBERG, Germany, Aug. 10, 2022 /PRNewswire/ -- Heidelberger Druckmaschinen AG (HEIDELBERG) has made a successful start to the new 2022/23 financial year. The first quarter saw significant improvements in both sales and operating profitability, thanks to the continued recovery of the markets in almost all regions and the progressive success in transforming the company. For example, the Group's sales figures between April and June grew by 20 percent year on year to €530 million. This significant increase can largely be attributed to the rise in the number of new machines delivered. The regions of Europe and North America recorded particularly positive developments. By contrast, results in China were sometimes weaker compared to the previous year, due to the extensive lockdowns in the economically relevant cities. Thanks to higher sales and the ongoing reduction of structural costs, HEIDELBERG significantly improved its operating result (EBITDA) in the first quarter, recording an increase of €20 million to €35 million. In addition, it was possible to pass on sustained increases in material costs.
"The positive start to the new financial year gives us cause to be cautiously optimistic as we look forward," commented Dr. Ludwin Monz, CEO of the company. "Provided there is no downturn in the general economic environment, we are confident we will reach the annual targets we have set. We will support our growth by expanding our products and services for digital printing in the label market and launching new, networking-capable wallboxes in the electromobility sector."
Forecast for 2022/23 financial year confirmed
Despite ongoing global uncertainties, HEIDELBERG believes it has good opportunities for profitable growth in the 2022/23 financial year, too. The company continues to expect sales figures to grow to around €2.3 billion (2021/22: €2.183 billion), provided there is no significant downturn in the general economic environment. Profitability is also expected to improve further. HEIDELBERG is forecasting further improvement in the EBITDA margin to at least 8 percent for the 2022/23 financial year (2021/22: 7.3 percent). The net result after taxes is also expected to increase slightly compared to 2021/22 (€33 million).
High level of demand in spite of economic uncertainties
Incoming orders of €607 million in the first quarter showed a return to the pre-pandemic 2019/2020 level (€615 million) – even though business in China was curbed by the two-month COVID-19 lockdown in Shanghai and the war in Ukraine led to weaker demand in Eastern Europe. It was not quite possible to reach the previous year's high figure of €652 million, as this had been unusually high due to the China Print trade show in 2021. However, the order backlog saw a further significant increase of 15 percent during the first quarter, totaling €969 million on June 30, 2022 (previous year: €840 million).
All segments increased their sales during the first quarter. Growth in Packaging Solutions, at around 28 percent, was particularly strong. The Group also recorded slight increases in its incoming orders and sales figures in electromobility, even though the availability of electronic components was restricted to some extent. Further growth in this segment is expected to become slightly weaker due to promotional schemes coming to an end, longer delivery times for electric vehicles, and supply chain bottlenecks on the customer's side (in relation to installation).
Noticeable improvement in operating result
With the significant EBITDA increase to €35 million (same quarter in the previous year: €15 million), the EBITDA margin rose from 3.5 percent to 6.7 percent. The substantially higher sales volume with an improved price quality of orders had a positive impact in this regard, as did the sale of a site in St. Gallen, which generated a slightly double-digit million euro sum. By contrast, however, increased material costs and the temporary closure of the plant in Shanghai had a negative effect. The net result after taxes was positive during the period under review and amounted to €5 million (previous year: €–14 million).
Net financial debt remains low – equity ratio rises
After three months, a close to break-even free cash flow situation was achieved, with a figure of €–1 million (previous year: €29 million). Compared to the previous year, the slight increase in net working capital was noticeable. This rise was due to the high volume of orders and the lower revenues from the sales of assets. With a figure of €5 million, the net financial debt continued to be at a low level (previous year: €41 million). HEIDELBERG also recorded further progress in terms of its equity ratio. Alongside the quarterly profit, this grew to around 18 percent, partly due to the increase in the actuarial interest rate for pensions in Germany.
"In addition to the recovery of the markets, we are increasingly reaping the benefits of the measures we have taken to boost efficiency within the Group," commented HEIDELBERG CFO, Marcus A. Wassenberg. "At the start of the new financial year, HEIDELBERG has again made itself more robust and is in a good financial position. We therefore feel confident as we look to the future, in spite of the economic risks."
The full report for the first quarter of 2022/23, image material, and further information about the company are available in the Investor Relations and Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.
Heidelberg IR also on Twitter:
Link to the IR Twitter channel: https://twitter.com/Heidelberg_IR
On Twitter under the name: @Heidelberg_IR
Further information:
Group Communications
Thomas Fichtl
Phone +49 6222 82-67123
Fax +49 6222 82-67129
E-mail: Thomas.Fichtl@heidelberg.com
Investor Relations
Maximilian Beyer
Phone: +49 6222 82-67120
Fax: +49 6222 82-99 67120
E-mail: maximilian.beyer@heidelberg.com
Important note:
This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.
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SOURCE Heidelberger Druckmaschinen AG | https://www.mysuncoast.com/prnewswire/2022/08/10/heidelberg-makes-successful-start-202223-financial-year-sales-earnings-increase-q1/ | 2022-08-10T07:50:25Z |
Computer experts urge Georgia to replace voting machines
ATLANTA (AP) — A group of computer and election security experts is urging Georgia election officials to replace the state’s touchscreen voting machines with hand-marked paper ballots ahead of the November midterm elections, citing what they say are “serious threats” posed by an apparent breach of voting equipment in one county.
The 13 experts on Thursday sent a letter to the members of the State Election Board and to Secretary of State Brad Raffensperger, who’s a non-voting member of the board. It urges them to immediately stop using the state’s Dominion Voting Systems touchscreen voting machines. It also suggests they mandate a particular type of post-election audit on the outcome of all races on the ballot.
The experts who sent the letter include academics and former state election officials and are not associated with efforts by former President Donald Trump and his allies to overturn the results of the 2020 presidential election.
The midterm elections are just two months away. A switch to hand-marked paper ballots could easily be made by then because state law already provides for them to be used as an emergency backup, the letter says.
State Election Board Chair William Duffey responded in an email to The Associated Press that the “security of our election equipment is of paramount interest to the State Election Board as is the integrity of the election process in Georgia.” He noted that the alleged breach in Coffee County is being investigated by the Georgia Bureau of Investigation and secretary of state’s office investigators and said the FBI has been asked to assist.
“The investigation is active and ongoing,” Duffey wrote. “Information developed will be considered to evaluate the impact of the Coffee County conduct.”
Raffensperger’s office has repeatedly said that Georgia’s elections remain secure because of varied security mechanisms in place. Spokesperson Mike Hassinger said in an email that the office will respond “in due time with due care” and that the response will be “addressed directly to the authors, rather than leaked to the media to obtain some sort of rhetorical advantage.”
The apparent unauthorized copying of election equipment in Coffee County happened in January 2021. It is documented in emails, security camera footage and other records produced in response to subpoenas in a long-running lawsuit that argues Georgia’s voting machines are vulnerable and should be replaced by hand-marked paper ballots.
Those records show that a computer forensics team traveled to the rural county about 200 miles southeast of Atlanta on Jan. 7, 2021, to forensically copy voting equipment. Emails show that Sidney Powell and other Trump-allied attorneys were involved in arranging for the visit.
The security video also shows that Doug Logan and Jeff Lenberg, who were involved in broader efforts to cast doubt on the 2020 election results, visited the office later that month.
The experts who sent the letter Thursday have long criticized Georgia’s voting machines, which print a paper ballot that includes a human-readable summary of the voter’s selections and a barcode that is read by a scanner to tally the votes. They argue the machines already made elections more vulnerable to tampering because voters cannot read the barcode to verify that it accurately reflects their selections.
But the copying and sharing of election data and software from Coffee County “increases both the risk of undetected cyber-attacks on Georgia, and the risk of accusations of fraud and election manipulation,” the letter says.
The expert letter also cites work by University of Michigan computer science professor J. Alex Halderman, who serves as an expert witness in the long-running voting machines lawsuit. He has identified what he says are security vulnerabilities in Georgia’s voting machines. The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency in June issued an advisory based on Halderman’s findings.
In addition to urging a switch to hand-marked paper ballots, the experts say a statewide post-election, risk-limiting audit should be done on all of the races on the ballot. A risk-limiting audit essentially uses a statistical approach to ensure that the reported results match the actual votes cast. Current rules require only one statewide contest to be audited.
At least some of the experts who signed the letter sent to the Georgia State Election Board last year sent a similar letter to California’s secretary of state ahead of a recall election for the state’s governor urging a rigorous audit of that contest. The secretary of state did not act on the recommendations.
___
Associated Press writer Christina A. Cassidy contributed reporting.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/09/computer-experts-urge-georgia-replace-voting-machines/ | 2022-09-09T12:33:32Z |
Natural gas technology and derivative products first step as part of transformational fuel strategy to help reduce carbon footprint, diversify fuel markets, and provide a path to net-zero emissions
PITTSBURGH, May 24, 2022 /PRNewswire/ -- Call it a transformational fuel strategy for the transportation industry to lower costs, reduce emissions, and create jobs – with Pittsburgh leading the way.
Pittsburgh International Airport (PIT) officials announced a new phase of their ongoing partnership with locally-based natural gas exploration, production, midstream, and technology company CNX Resources Corporation (NYSE: CNX) on Friday aimed at further reducing carbon emissions in the transportation industry and related sectors – by using natural gas produced at the airport and converted into alternative fuel with CNX proprietary technology.
"We feel that natural gas and derivative products provide a path for the transportation industry both to reduce carbon emissions in the short-term while working toward a goal of net-zero in the long-term as hydrogen and other potential solutions mature," said Christina Cassotis, CEO, Pittsburgh International Airport. "This is Pittsburgh innovation at work. We believe this strategy can have a global impact."
The agreement comes on the heels of an announcement earlier this week from Pennsylvania Gov. Tom Wolf about a statewide initiative to secure a hydrogen hub and large-scale carbon storage system in Pennsylvania, bringing further partnership opportunities to PIT.
CNX has developed proprietary technology to cost-effectively convert on-site dry natural gas into liquified natural gas (LNG), compressed natural gas (CNG), and electricity for various uses including as a hydrogen feedstock. These technologies will reduce local emissions and further reduce operating costs at the airport.
The strategy also envisions a sustainable fuel hub at PIT utilizing locally sourced, lower-cost, lower-carbon intensity LNG and CNG fueling depots for airlines, transit, cargo, fleet, military, and other energy-intensive business purposes.
CNX President and CEO Nick DeIuliis commented, "CNX views its innovative public-private partnership with PIT as the beachhead market to showcase this technology, and the associated economic development opportunities, through on-site development of low-cost and lower-carbon intensity natural gas derivative products." Mr. DeIuliis continued, "We will produce, process, and consume these natural gas-based products locally first, and, in doing so, unleash countless downstream economic opportunities and help jumpstart the hydrogen economy, leverage the region's unrivalled work ethic, create family-sustaining jobs, better the region's underserved communities, and revitalize Appalachia's middle class in a new, lower carbon economic ecosystem."
As part of the agreement, CNX will develop the Utica shale on airport property representing the first wells from this formation completed and brought into production in Allegheny County. The Utica shale yields a dry gas which is more easily converted into LNG and CNG alternative fuels and hydrogen.
The airport will work with CNX to identify local, end-use opportunities that would benefit from using natural gas derivative products to reduce emissions.
CNX began its natural gas development-related activities at the airport in 2014, bringing its Marcellus shale wells into production in 2016 with the airport sharing the resulting revenue. The airport would similarly collect revenue from new drilling within the new agreement.
Pittsburgh International Airport is already leading the way in energy innovation. Last June, the airport became the first in the world to be completely powered with its own microgrid, fueled by natural gas and more than 10,000 solar panels. Officials are planning to double the size of the solar field, which is built atop an old landfill.
Airport officials noted that the microgrid alone is forecast to reduce emissions by about 8.2 million pounds of carbon dioxide per year within the region.
About Allegheny County Airport Authority:
Allegheny County Airport Authority, which manages Pittsburgh International Airport (PIT) and Allegheny County Airport (AGC), is committed to transforming Pittsburgh's airports to reflect and serve the community, inspire the industry, and advance the region's role as a world leader. PIT was named by Fast Company magazine as One of the Most Innovative Companies in the World as well as a finalist in its World Changing Ideas awards, both in 2020. PIT's first-of-its-kind microgrid has won numerous awards for resiliency and sustainability. For more information, visit www.flypittsburgh.com.
About CNX Resources Corporation:
CNX Resources Corporation (NYSE: CNX) is unique. We are a premier natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 158-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2021, CNX had 9.63 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information is available at www.cnx.com.
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SOURCE CNX Resources Corporation; Pittsburgh International Airport | https://www.mysuncoast.com/prnewswire/2022/05/24/pittsburgh-international-airport-cnx-announce-strategy-reduce-emissions-costs-transportation-other-industries/ | 2022-05-24T11:12:21Z |
ATLANTA, Sept. 6, 2022 /PRNewswire/ -- MoistureShield, a signature composite decking brand at Oldcastle APG, introduces new Catalina to its Meridian™ capped composite decking line, a soft "greige" shade reminiscent of aged shiplap, to easily match today's architectural styles. Greige is a combination of gray and beige, which has become popular in recent years for interiors and named a color of the year by leading decor brands.
"Complementing a wide range of trending aesthetics, Catalina's neutral greige tone can easily be enhanced with fabrics and textures as the perfect palette for any outdoor living space," said Matthew Bruce, VP of Sales, MoistureShield. "Featuring MoistureShield's CoolDeck® and TruTexture™ surface technologies, Catalina delivers the visual appeal of weathered wood decking with the benefits of comfort and long-term performance."
Available nationally as an accessible upgrade from wood decking materials, Meridian's Catalina features MoistureShield's TruTexture Surface to offer the superior scratch resistance of a capped composite with a natural wood-grain finish and reduced pattern repetition for an authentic wood aesthetic.
Other Meridian premium colors include Citadel, a cool Atlantic gray with a subtle patina; Shoreside, a subtly variegated golden sandy blonde; and Mariner, a timeless dark brown with rich undertones. Along with Catalina, MoistureShield's Citadel and Shoreside include MoistureShield's industry-first, proprietary CoolDeck® technology. CoolDeck minimizes heat absorption by up to 35% compared to traditional capped composite boards in a similar color for a more comfortable outdoor living space.
As with all MoistureShield deck products, Meridian features the proprietary Solid Core manufacturing process for protection against moisture absorption, warping, rotting, and damage from insects. It is well-suited for installation in the ground, on the ground or underwater. Meridian is offered in square edge and grooved 1x5.4 deck boards and in 12', 16', and 20' lengths.
MoistureShield decking is proven in the field for 30 years with zero structural failures and is backed by a 50-year transferrable structural warranty for all decking series. Learn more at https://www.moistureshield.com/products/composite-decking/meridian/
MoistureShield is a signature composite decking brand at Oldcastle APG, a CRH Company, that utilizes protective cap, color and surface technologies to create an innovative product with a natural wood look and the ability to withstand impact and water submersion. The brand's CoolDeck® Technology was an industry-first, delivering a solution to deck surface heat absorption. Visit www.MoistureShield.com.
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SOURCE MoistureShield | https://www.mysuncoast.com/prnewswire/2022/09/06/moistureshield-introduces-new-catalina-color-meridian-line-capped-composite-decking/ | 2022-09-06T14:38:56Z |
Ward, Ohtani lead Angels over Guardians 9-5 for 4th straight
By JOE REEDY
AP Sports Writer
ANAHEIM, Calif. (AP) — Taylor Ward hit a grand slam and finished a single shy of the cycle, Shohei Ohtani showed off his two-way prowess and the surging Los Angeles Angels rolled to a 9-5 victory over the Cleveland Guardians for their fourth consecutive win. Mike Trout added a pair of RBI doubles and extended his hitting streak to 10 games for the Angels, who look for their first four-game sweep over Cleveland at The Big A since 1982 on Thursday afternoon. The Guardians dropped their sixth straight despite José Ramírez’s two home runs. | https://localnews8.com/news/2022/04/27/ward-ohtani-lead-angels-over-guardians-9-5-for-4th-straight/ | 2022-04-28T07:12:15Z |
Trial expected to begin for ex-Trump adviser Steve Bannon
WASHINGTON (AP) - Jury selection is scheduled to begin Monday in the trial of Steve Bannon, a one-time adviser to former President Donald Trump who faces criminal contempt of Congress charges after refusing for months to cooperate with the House committee investigating the Jan. 6, 2021, Capitol insurrection.
Bannon is charged in Washington’s federal court with defying a subpoena from the Jan. 6 committee that sought his records and testimony. He was indicted in November on two counts of criminal contempt of Congress, one month after the Justice Department received a congressional referral. Each count carries a minimum of 30 days of jail and as long as a year behind bars.
The trial follows a flurry of activity in the case since July 9. Over a week ago, the former White House strategist notified the committee that he is now willing to testify. His lawyer, Robert Costello, said the change was because Trump has waived his executive privilege claim from preventing the testimony.
Bannon, 68, had been one of the most prominent of the Trump-allied holdouts in refusing to testify before the committee. He has argued that his testimony is protected by Trump’s claim of executive privilege.
Trump has repeatedly asserted executive privilege — even as a former president — to try to block witness testimony and the release of White House documents. The Supreme Court in January ruled against Trump’s efforts to stop the National Archives from cooperating with the committee after a lower court judge noted, in part, “Presidents are not kings.”
The committee has also noted that Trump fired Bannon from the White House in 2017 and Bannon was thus a private citizen when he was consulting with the then-president in the run-up to the riot.
U.S. District Judge Carl Nichols declined motions to delay the trial in separate hearings last week, including Thursday when Bannon’s lawyers raised concerns about a CNN report that has since aired about their client and what they said were prejudicial comments made during a hearing last week held by the House committee investigating the riot.
“I am cognizant of current concerns about publicity and bias and whether we can seat a jury that is going to be appropriate and fair, but as I said before, I believe the appropriate course is to go through the voir dire process,” Nichols said Thursday, referring to the questioning of individual jurors before they are selected. The judge said he intended to get a jury that “is going to be appropriate, fair and unbiased.”
While the judge allowed the trial to move forward, Nichols left open the possibility that the letters about Trump waiving his privilege and Bannon’s offer to cooperate with the committee could be referenced at trial, saying the information was “at least potentially relevant” to Bannon’s defense.
Roscoe Howard Jr., the former U.S. attorney in Washington, D.C., said the best case for Bannon is if the information on his cooperation offer gets to the jury. Even if it does, claiming that executive privilege stopped him from cooperating earlier will be a hard argument to make because Bannon refused to answer the subpoena, Howard said.
“You have to show up to invoke the privilege claim. You can’t phone it in,” he said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/18/trial-expected-begin-ex-trump-adviser-steve-bannon/ | 2022-07-18T10:13:32Z |
SHANGHAI, Aug. 18, 2022 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that the Company will present at the following conferences in August and September 2022:
- Credit Suisse 10th China Internet Conference on August 31, 2022.
- 3rd Annual Jefferies Asia Forum on September 7-8, 2022.
- 29th Annual CITIC CLSA Flagship Investors' Forum 2022 on September 13-14, 2022.
ATRenew's management will host virtual one-on-one or group meetings for interested investors and analysts. There will be a presentation on the Company's recent financial and business highlights, followed by a question-and-answer session during the meetings. For conference registration, please contact the representative or conference organizer for the relevant institution above.
About ATRenew Inc.
Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew's open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China's pre-owned consumer electronics industry.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to 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," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Among other things, quotations in this announcement, contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew's beliefs, plans 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: ATRenew's strategies; ATRenew's future business development, financial condition and results of operations; ATRenew's ability to maintain its relationship with major strategic investors; its ability to provide facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; 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 ATRenew's filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
In China:
ATRenew Inc.
Investor Relations
Email: ir@atrenew.com
In the United States:
ICR LLC.
Email: atrenew@icrinc.com
Tel: +1-212-537-0461
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SOURCE ATRenew Inc. | https://www.kxii.com/prnewswire/2022/08/18/atrenew-present-investor-conferences-august-september-2022/ | 2022-08-18T08:44:25Z |
SUZHOU, China and ROCKVILLE, Md. , Aug. 26, 2022 /PRNewswire/ -- Ascentage Pharma (6855.HK), a global biopharmaceutical company engaged in developing novel therapies for cancers, chronic hepatitis B (CHB), and age-related diseases, today announced its 2022 interim results. During the reporting period, Ascentage Pharma remained steadfastly committed to its strategy of global innovation and made remarkable progress in clinical development and commercialization. Highlighting these results, Ascentage Pharma reported the first half-year sales and the accelerating commercialization of its first approved product, olverembatinib.
During the reporting period, Ascentage Pharma achieved steady improvement to its cash flow. As of June 30, 2022, the company's cash and bank balances were RMB1,698 million, which remained relatively constant when compared with the cash and bank balances as of December 31, 2021. Meanwhile, the company's revenue for the six months ended June 30, 2022 substantially increased by 636.9%, from the same period last year, to RMB95.76 million. This increase in revenue was mainly attributable to the sales of olverembatinib, commercialization license fee income of patented IP and service income from customers. It is worth noting that since its approval in last November till the end of June 2022, olverembatinib has already realized an accumulated invoiced sales revenue amount of RMB95.93 million (unaudited, inclusive of value added tax).
Accelerated the commercialization of olverembatinib while continued to explore the drug's therapeutic potential
Olverembatinib, the first and only drug approved for the treatment of chronic myeloid leukemia (CML) harboring the T315I mutation in China and Ascentage Pharma's core asset that was designated a National Major New Drug Development and Manufacturing Program, effectively ended of the lack of treatment options for patients with CML harboring the T315I mutation, therefore has enormous clinical value. Since being approved till the end of June 2022, olverembatinib has realized an accumulated invoiced sales revenue amount of RMB95.93 million (unaudited, inclusive of value added tax).
To date, Ascentage Pharma has built a commercial organization possessing a wealth of experience in hematology and entered into a strategic collaboration with Innovent Biologics to jointly commercialize olverembatinib in China. In the months since its approval till June 2022, olverembatinib has been included by 34 government-backed local supplementary insurance programs in 10 provinces, substantially expanding the drug's accessibility to patients. Meanwhile, olverembatinib was included into the Chinese Society of Clinical Oncology (CSCO) Guidelines and the China Anti-Cancer Association's (CACA) 2022 Guidelines for the Holistic Integrative Management of Cancers, thus provided clinicians the necessary guidance in their practices. As a China-developed novel drug with clear global best-in-class potentials, olverembatinib is bringing clinical benefits to a growing number of patients around the world.
In partnership with Tanner Pharma, a global pharmaceutical services provider of specialty access solutions, Ascentage Pharma launched an innovative Named Patient Program (NPP) similar to the early access programs seen in the city of Boao in Hainan province, to allow Tanner to supply olverembatinib to healthcare providers on a named patient basis in countries where the drug is not commercially available. The NPP plans to cover more than 130 countries and regions around the world.
In July 2022, the Center for Drug Evaluation (CDE) of China National Medical Products Administration (NMPA) accepted and granted Priority Review designation to a New Drug Application (NDA) that will support the full approval of olverembatinib in patients with chronic-phase chronic myeloid leukemia (CML-CP) who are resistant and/or intolerant of first- and second-generation tyrosine kinase inhibitors (TKIs). Following the conditional approval for olverembatinib in 2021, this marks another milestone development that would expedite olverembatinib's journey to a broader population of patients with CML in China.
Currently, Ascentage Pharma is actively advancing the clinical development of olverembatinib globally. During the reporting period, olverembatinib was cleared by Health Canada to enter a Phase Ib study in patients with refractory CML or Philadelphia chromosome-positive acute lymphoblastic leukemia (Ph+ ALL), making it Ascentage Pharma's first clinical study in Canada. Prior to this, olverembatinib had already been cleared to enter clinical trials in the US.
In addition to hematologic indications, the company is also exploring olverembatinib's clinical utility in other therapeutic areas. At the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting, Ascentage Pharma released the first dataset of olverembatinib in patients with gastrointestinal stromal tumor (GIST). These results showed promising antitumor activity in patients with TKI-resistant succinate dehydrogenase- (SDH-) deficient GIST with a clinical benefit rate (CBR) of 83.3%.
Furthermore, a new preclinical study discovered olverembatinib's therapeutic potential as an alternative treatment for patients with moderate to severe COVID-19 infections. These preclinical data have already been published by the EMBO Molecular Medicine, a renowned scientific journal affiliated to the European Molecular Biology Organization (EMBO).
These studies demonstrated olverembatinib's therapeutic potential and differentiated clinical utility in a wide range of therapeutic areas. With expected further expansion of its indications, olverembatinib will benefit a broad patient population globally.
Executing the strategy of global innovation as a pioneer for the industry
In the first half of 2022, Ascentage Pharma continued to increase its investment in innovation, with the research and development expenses increased by 7.5% year on year, to RMB341 million. Pressing ahead with its global clinical development programs, nine of Ascentage Pharma's candidate drugs have already entered the clinical stage, currently being evaluated in more than 50 Phase I/II clinical studies in China, the US, and Australia. Meanwhile, Ascentage Pharma has further strengthened its intellectual property portfolio, paving the way for its accelerating research and development. As of June 30, 2022, the company holds 205 issued patents and more than 600 patent applications globally, among of which, 148 patents were issued overseas.
During the reporting period, Ascentage Pharma made rapid progress with its momentous clinical development programs covering an array of therapeutic areas. In addition to the company's apoptosis-targeting assets and kinase inhibitors, Ascentage Pharma has also made strides with the development of candidate drugs targeting other novel targets, including its embryonic ectoderm development (EED) protein inhibitor that has attracted widespread interest from the research community. The EED inhibitor, APG-5918, was cleared by the US Food and Drug Administration (FDA) to enter a first-in-human study evaluating the safety, pharmacokinetics, and efficacy of APG-5918 in patients with advanced solid tumors and hematologic malignancies, and the IND for APG-5918 has already been accepted by the CDE in China. As the first China-developed EED inhibitor entering clinical development, APG-5918 underlines Ascentage Pharma's capabilities in discovering and developing first-in-class/best-in-class novel assets.
While making strides with its global innovation, Ascentage Pharma was granted two Fast-Track designations and two Rare Pediatric Disease designations by the US FDA, and a total of 16 Orphan Drug designations by the US FDA and the EMA of the EU, a record number for any Chinese biopharmaceutical company.
Multiple highly differentiated clinical programs are steadily approaching fruition
As a global leader in the development of apoptosis-targeted drugs, Ascentage Pharma has presented the clinical data of its investigational assets at multiple international scientific congresses showcasing the first-in-class and best-in-class potential of these assets.
A Phase II pivotal study of lisaftoclax (APG-2575), the first China-developed Bcl-2 selective inhibitor entering clinical development and a key member of the company's apoptosis-targeted pipeline, for the treatment of patients with relapsed/refractory chronic lymphocytic leukemia/small lymphocytic lymphoma (R/R CLL/SLL) was approved by the CDE at the end of 2021 and dosed its first patients in March 2022, making lisaftoclax the second Bcl-2 selective inhibitor entering pivotal trials globally. To date, lisaftoclax is being investigated in a total of 19 studies globally for the treatment of multiple hematologic malignancies and solid tumors, and has shown promising therapeutic potentials.
During the reporting period, Ascentage Pharma announced the updated data of lisaftoclax in Chinese patients with R/R CLL/SLL at the 2022 ASCO Annual Meeting. These data showed an objective response rate (ORR) of 67.4% and favorable tolerability. In terms of safety, most adverse events were manageable, no dose-limiting toxicity (DLT) was observed at the maximum dose of 800mg, and the risk of clinical tumor lysis syndrome (TLS) in patients on daily dose ramp-up was minimal.
Furthermore, Phase I data of lisaftoclax in Chinese patients with relapsed/refractory non-Hodgkin lymphoma (r/r NHL) were released at the 2022 European Hematology Association (EHA) Hybrid Congress. These data showed, lisaftoclax was well tolerated at doses of up to 800 mg/day, without evidence of TLS, and has antitumor activity in a range of relapsed/refractory hematologic malignancies such as CLL/SLL, marginal zone lymphoma (MZL), mantle cell lymphoma (MCL), and T-cell NHL. In the 11 efficacy evaluable patients with CLL (all of whom were heavily pretreated and had failed prior therapies such as chemoimmunotherapies and Bruton's tyrosine kinase [BTK] inhibitors, and the majority had at least one type of adverse prognostic factors such as 17p deletion/TP53 mutation), there were 8 efficacy evaluable patients in cohorts received 200 mg or higher doses, including 3 complete responses (CRs) and 4 partial responses (PRs), thus demonstrating an ORR of 87.5%. There is a growing body of evidence signifying the global best-in-class potential of lisaftoclax.
While at the 2022 ASCO Annual Meeting, Ascentage Pharma reported the updated clinical data of alrizomadlin (APG-115), a MDM2-p53 inhibitor that is also a key asset in the company's apoptosis-targeted pipeline, in combination with pembrolizumab. These data validated the antitumor efficacy of the combination therapy in patients with immuno-oncologic- (I-O) drug-resistant or recurrent melanoma, including two CRs, an ORR of 11% and a disease control rate (DCR) of 57%. The study also observed promising clinical benefit to patients with malignant peripheral nerve sheath tumor (MPNST), demonstrated by a DCR of 50%. MPNST is a rare pediatric type of sarcoma lacking effective treatment options. These results provide additional evidence validating the synergy and the first-in-class potential of MDM2-p53 inhibitors plus immuno-oncologic drugs.
Also at the 2022 ASCO Annual Meeting, Ascentage Pharma released the first dataset from the Phase I study of the company's novel FAK inhibitor and third-generation ALK/ROS1 TKI, APG-2449, in patients with second-generation TKI-resistant ALK/ROS1+ non-small-cell lung cancer (NSCLC) or mesothelioma. According to these results, 4 of the 14 ALK+ patients resistant to second-generation TKIs achieved PRs, 10 TKI-naïve patients achieved an ORR of 80%, at a DCR of 100%. APG-2449 is the first China-developed third-generation ALK inhibitor. The candidate drug's clinical progress is a manifestation of Ascentage Pharma's R&D capabilities in the field of solid tumors.
Dr. Dajun Yang, Chairman & CEO of Ascentage Pharma, said, "In the first half of 2022, Ascentage Pharma made solid progress in both commercialization and clinical development, successfully navigated the challenging circumstances posted by the COVID-19 pandemic. The rapid and successful commercialization of olverembatinib, the first and only third-generation BCR-ABL inhibitor, in the months after the NDA approval, has led to substantial revenue growth, allowing us to maintain a healthy cash flow that is essential to the company's long-term development.
While forging ahead with the commercialization of olverembatinib in China, we launched a global NPP to offer patient access to olverembatinib in areas where the drug is not yet commercially available, in efforts to meet the unmet medical needs of patients from around the world. The NPP highlights olverembatinib's differentiated clinical value and serves as a very important prelude to the drug's future global launch. To our surprise, we discovered olverembatinib's therapeutic potential as an alternative treatment for COVID-19 infections, and we plan to further evaluate the drug in clinical settings.
Executing on our strategy of global innovation, we presented the latest research data and clinical results of lead assets including olverembatinib, lisaftoclax, alrizomadlin, and APG-2449, at multiple international congresses such as the ASCO, EHA, and AACR annual meetings. These data readouts are indicative of our rich portfolio and promising clinical programs that are steadily approaching the point of fruition.
As a company focused on original pharmaceutical innovation, we will continue to expand the accessibility, advance the indication expansion and global clinical development of olverembatinib, while pressing ahead with the development programs of other investigational assets. We will remain steadfastly committed to global innovation and the mission of addressing unmet clinical needs in China and around the world, to create additional value for our investors and bring much needed novel therapies to our patients as soon as possible."
About Ascentage Pharma
Ascentage Pharma (6855.HK) is a globally focused biopharmaceutical company engaged in developing novel therapies for cancers, chronic hepatitis B, and age-related diseases. On October 28, 2019, Ascentage Pharma was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code 6855.HK.
Ascentage Pharma focuses on developing therapeutics that inhibit protein-protein interactions to restore apoptosis, or programmed cell death. The company has built a pipeline of nine clinical drug candidates, including novel, highly potent Bcl-2, and dual Bcl-2/Bcl-xL inhibitors, as well as candidates aimed at IAP and MDM2-p53 pathways, and next-generation tyrosine kinase inhibitors (TKIs). Ascentage Pharma is also the only company in the world with active clinical programs targeting all three known classes of key apoptosis regulators. The company is conducting more than 50 Phase I/II clinical trials in the US, Australia, Europe, and China. Olverembatinib, the company's core drug candidate developed for the treatment of drug-resistant chronic myeloid leukemia (CML), was granted Priority Review status and a Breakthrough Therapy Designation (BTD) by the Center for Drug Evaluation (CDE) of the China National Medical Products Administration (NMPA) and is already approved for the indication. In addition, olverembatinib was also granted an Orphan Drug Designation (ODD) and a Fast Track Designation (FTD) by the US FDA, and an Orphan Designation by the EU. To date, Ascentage Pharma has obtained a total of 15 ODDs, 2 FTDs, and 2 Rare Pediatric Disease (RPD) designations from the FDA and 1 ODD from the EU for four of the company's investigational drug candidates. Ascentage Pharma has been designated for multiple Major National R&D Projects, including 5 National Major New Drug Discovery and Manufacturing projects, 1 New Drug Incubator status, 4 Innovative Drug Programs, and 1 Major Project for the Prevention and Treatment of Infectious Diseases.
Leveraging its robust R&D capabilities, Ascentage Pharma has built a portfolio of global intellectual property rights and entered into global partnerships with numerous renowned biotechnology and pharmaceutical companies and research institutes such as UNITY Biotechnology, MD Anderson Cancer Center, Mayo Clinic, Dana-Farber Cancer Institute, Merck, AstraZeneca, and Pfizer. The company has built a talented team with global experience in discovering, developing, launching, and commercializing innovative drugs and is setting up world-class commercial manufacturing and Sales & Marketing teams. One pivotal aim of Ascentage Pharma is to continuously strengthen its R&D capabilities and accelerate its clinical development programs, in order to fulfil its mission of addressing unmet clinical needs in China and around the world for the benefit of more patients.
Forward-Looking Statements
The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, Ascentage Pharma undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development.
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SOURCE Ascentage Pharma | https://www.kxii.com/prnewswire/2022/08/26/ascentage-pharma-announces-2022-interim-results/ | 2022-08-26T17:52:23Z |
MONTREAL, April 26, 2022 /PRNewswire/ - Vention, the cloud-based manufacturing automation platform (MAP), is pleased to announce the expansion of its North American footprint with a new office in Boston, United States. The expansion is the second one this year, as the company recently opened its Berlin, Germany office.
Since 2016, Vention has helped some of the world's most innovative manufacturers automate their production floor in just a few days. Vention's manufacturing automation platform (MAP) allows any manufacturing professionals to design, automate, order, and deploy automated equipment and robot cells through an integrated cloud environment. Combining 3D design, code-free industrial programming, next-day e-Commerce logistics, and a library of 1,000+ modular automation components, Vention's customers can drive their industrial automation projects much faster than traditional approaches.
North American customers already using Vention's manufacturing automation platform (MAP) will benefit from enhanced coast-to-coast support from a dedicated client team. The expansion will also enable Vention to tap into the pool of Boston's robotic and engineering software talent to accelerate the development of its platform.
"Vention's manufacturing automation platform has provided the opportunity for companies around the world to automate their factory significantly faster than what is possible today," said Etienne Lacroix, CEO and Co-Founder. "Having a local presence in the United States will bring us closer to our American clients and business partners," he added.
Vention's online-first manufacturing automation platform allows clients to design, automate, order, and deploy automated equipment directly from their web browsers. Vention is headquartered in Montreal, Canada, and has offices in Berlin, Germany, and Boston, United States. The 300-person company serves 3,000+ customers on five continents and across 25 discrete manufacturing industries. To learn more, visit vention.io or follow us on LinkedIn.
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SOURCE Vention | https://www.kxii.com/prnewswire/2022/04/26/vention-expands-its-north-american-footprint-with-new-office-boston-united-states/ | 2022-04-26T11:13:11Z |
WASHINGTON, June 24, 2022 /PRNewswire/ -- Fannie Mae (OTCQB:FNMA) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Debt Notes listed below (the "Notes"), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of June 24, 2022 (collectively, the "Offer Documents"). The Offers will expire at 5:00 PM New York City time on Thursday, June 30, 2022 (the "Expiration Time") unless extended or earlier terminated. Notes tendered may be withdrawn at any time at or before the Expiration Time by following the procedures described in the Offer Documents.
Fannie Mae has engaged BofA Securities as the designated lead dealer manager and Barclays as the designated dealer manager for the Offers. Fannie Mae has engaged Academy Securities, Inc. and Blaylock Van, LLC as Advisors on the transaction. Global Bondholder Services Corporation has been engaged as the tender agent and information agent for the Offers. Fannie Mae is offering to purchase, subject to the conditions of the tender offer, any and all of the Notes listed in the table below during the tender offer period.
The following table summarizes the material pricing terms of the Offers.
Holders must validly tender their Notes at or before the Expiration Time in order to be eligible to receive the Tender Offer Consideration, which will incorporate the monthly Certificate Percentages for the Notes available on June 27, 2022. In addition, holders whose Notes are purchased in the Offer will receive accrued and unpaid interest from the last interest payment date to, but not including, the Settlement Date (as defined in the Offer to Purchase) for the Notes. Fannie Mae expects the Settlement Date to occur on July 5, 2022. Any Notes tendered using the Notice of Guaranteed Delivery and accepted for purchase are expected to be purchased on July 6, 2022, but payment of accrued interest on such Notes will only be made to, but not including, the Settlement Date.
Information on tendering the Notes is set forth in the Offer Documents. Holders of the Notes who would like copies of the Offer Documents may contact the tender agent for the Offers, Global Bondholder Services Corporation, at (855) 654-2015 (toll free) or (212) 430-3774 (banks and brokers) or contact@gbsc-usa.com. Copies of the Offer Documents are available at the following website: https://www.gbsc-usa.com/FannieMae/. Any questions regarding the terms of the Offers should be directed to BofA Securities, Inc. at (888) 292-0070 (toll free) or (980) 387-3907 (collect) or Barclays Capital Inc. at (800) 438-3242 (toll free) or (212) 412-5780 (collect).
This release includes forward-looking statements, including statements relating to the timing and expected settlement and closing of the purchase of the Notes in a tender offer. These forward-looking statements are based on Fannie Mae's present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. Actual results may turn out to be different from these statements. Factors that may lead to different results are discussed in "Risk Factors," "Forward-Looking Statements," and elsewhere in the Offer Documents and the documents incorporated by reference therein. All forward-looking statements are made as of the date of this press release, and Fannie Mae assumes no obligation to update this information.
Related Link:
CAS Debt Tender Offer Frequently Asked Questions
About Fannie Mae
Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog
Fannie Mae Newsroom
https://www.fanniemae.com/news
Photo of Fannie Mae
https://www.fanniemae.com/resources/img/about-fm/fm-building.tif
Fannie Mae Resource Center
1-800-2FANNIE
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae, including the Notes. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase or sale of securities referred to herein must be made solely on the basis of information contained in the Offer Documents, and no reliance may be placed on the completeness or accuracy of the information contained in this press release. The Offers are not being made to holders of the Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Offer to be made by a licensed broker or dealer, the Offer will be deemed to be made on behalf of the Company by BofA Securities, Inc. or Barclays Capital Inc. (as applicable) or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.
You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.
Connecticut Avenue Securities is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.
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SOURCE Fannie Mae | https://www.kxii.com/prnewswire/2022/06/24/fannie-mae-announces-tender-offer-any-all-certain-cas-debt-notes/ | 2022-06-24T13:29:31Z |
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Bonham-Callisburg Highlights
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KXII Staff
Published: Sep. 17, 2022 at 12:03 AM CDT
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Updated: 1 hour ago
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Bonham-Callisburg Highlights
Copyright 2022 KXII. All rights reserved.
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National Weather Service confirms EF1 tornado in Republic Co.
Published: Jun. 8, 2022 at 6:04 PM CDT|Updated: 36 minutes ago
TOPEKA, Kan. (WIBW) - The National Weather Service confirmed an EF1 tornado touched down near Narka on Tuesday night.
The National Weather Service in Topeka says around 10:15 p.m. on Tuesday, June 7, an EF1 tornado touched down in Republic Co. near Narka with wind speeds of up to 90 miles per hour.
The NWS said the weak tornado produced damage in far Northeast Republic Co. from Narka southeast to the Washington Co. border. It said the tornado was on the ground for just over 3 miles and lasted about 10 minutes.
According to the NWS, the 75-yard tornado ended about 3 miles southeast of Narka.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/08/national-weather-service-confirms-ef1-tornado-republic-co/ | 2022-06-08T23:41:27Z |
THIEF RIVER FALLS, Minn., June 10, 2022 /PRNewswire/ -- Digi-Key Electronics, which offers the world's largest selection of electronic components in stock for immediate shipment, will host a webinar in collaboration with TE Connectivity (TE) on Wednesday, June 22, at 10 a.m. CDT titled "Unleash Your Potential in Smart Building."
Buildings are becoming ever smarter with the introduction of new technologies that improve our experiences in them as we live, work and play.
The increasingly smart controls employed in buildings include the regulation of heating, ventilation, and air conditioning to help maintain a positive and healthy environment for employees and visitors, which can be vital for enhanced productivity. A key component of in-building communication systems are antennas that have been designed for a range of different wireless protocols.
Anita Lucia Costamagna, business development manager – appliances, and Mohamad Halabi, business development manager – IoT Solutions, both with TE Connectivity, will discuss the following topics:
- Technology considerations for creating a smart building ecosystem
- Market trends, challenges, and solutions in smart buildings
- Standard embedded and external antenna solutions that can enable reliable wireless connectivity
- Reliable connection solutions for HVAC applications
"The world around us is getting smarter, making it imperative to implement reliable wireless connections in smart building ecosystems," said Jeff Cleveland, director, TE business development at Digi-Key. "We're looking forward to hearing from the experts at TE Connectivity about some of the factors to consider when creating in-building communication systems that help support healthy, comfortable environments for workers and visitors."
"Technology designers and manufacturers commonly have key roles in creating long-term growth in the smart building ecosystem. They do this by choosing the right components to support their designs where usability, flexibility, power consumption, data speeds, and wireless communications are integral to their success," Halabi said. "TE brings a wealth of knowledge and experience to product design for these types of applications, and has global experts to help meet your needs, starting with this educational webinar."
To attend the webinar, submit a registration form. If you are unable to attend the live webinar, Digi-Key will send the recording after the event to those who register.
For more information about TE Connectivity and to order from their product portfolio, visit the Digi-Key website.
About Digi-Key Electronics
Digi-Key Electronics, headquartered in Thief River Falls, Minn., USA, is recognized as both the leader and continuous innovator in the high service distribution of electronic components and automation products worldwide. As the original pioneer in this space, Digi-Key provides more than 13.4 million components from over 2,300 quality name-brand manufacturers with an industry-leading breadth and depth of product in stock and available for immediate shipment. Beyond the products that drive technology innovation, Digi-Key also supports design engineers and procurement professionals with a wealth of digital solutions and tools to make their jobs more efficient. Additional information can be found at digikey.com and on Facebook, Twitter, YouTube, Instagram and LinkedIn.
Editorial Contact
Megan Derkey
Bellmont Partners
+1 612-255-1115
digikey@bellmontpartners.com
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SOURCE Digi-Key Electronics | https://www.wibw.com/prnewswire/2022/06/10/digi-key-electronics-te-connectivity-host-smart-buildings-webinar/ | 2022-06-10T15:39:29Z |
BERLIN, May 17, 2022 /PRNewswire/ -- Leading cloud-native and AI-based open-source neural search provider Jina AI has this week been recognized in CB Insights 2022 AI 100 as one of the most innovative AI startups. This marks the second consecutive year Jina AI has appeared on the list, distinguishing itself from a pool of over 7,000 companies, based on the criteria of R&D activity, proprietary Mosaic score, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. Since its founding in 2020, the company has grown rapidly to a team of 50 people spread over Berlin, Europe, India, China and the USA. The product landscape of Jina AI has also expanded from a single project, Jina, to a comprehensive neural search ecosystem - a new tech stack for comprehending unstructured data with the power of artificial neural networks, with a global community of thousands of developers.
Upon being named on the AI 100 list, Dr. Han Xiao, Founder and CEO of Jina AI said, "We believe in two things: Firstly, neural search will transform traditional search as the main way of comprehending data. Secondly, such technology will serve as infrastructure for high-level data intelligence and thus must be built openly and collaboratively. We are here to make that future a reality."
Jina AI fully embraces the open-source community and offers seven popular open-source projects on GitHub with 28K stars in total.
Jina AI's open-source ecosystem empowers cross-modal search capability for Wordlift, enabling text-to-image cross-modal search. Likewise, Yahaha realizes 3D mesh search with Jina AI where data can be retrieved by converting 3D models into vector representations through the open-source ecosystem.
Myntor.io, New York based online education startup, expanded its product Bumblebee's conversational capability by using Jina, enabling a stochastic approach to delivering real-time feedback to help students learn faster. "With this approach, we've been able to deliver feedback 10 times faster than a live instructor and increase course completion rates three-fold, enabling Myntor to build highly interactive online courses that are faster and more comprehensive than live instruction," said the Founder & CEO Nathan Poon.
Alexander Rosenthal, Software Developer at Myntor, commented, "Two things I like a lot about are how easy it is to deploy and host a neural-search solution with Transformer models and how much support I get from all of the team at Jina AI."
Since its founding in 2020, a variety of new open-source products are being developed by Jina AI to enhance the neural search ecosystem and improve developers' experience:
- DocArray — The data structure for unstructured data.
- Jina — Cloud-native neural search framework for any kind of data
- Hub — A marketplace for sharing and discovering reusable building blocks for neural search applications
- Finetuner — Finetuning any deep neural network for better embeddings on neural search tasks
- NOW —A no-code solution for bootstrapping your image search case in minutes
- CLIP-as-service — Embed images and sentences into fixed-length vectors with CLIP
- JCloud — Simplify deploying and managing Jina projects on Jina Cloud
To learn more about Jina AI, please visit its official website or GitHub repository.
About CB Insights
CB Insights builds software that enables the world's best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com.
About Jina AI
Jina AI provides a cloud-native and AI-based open-source neural search ecosystem, enabling developers and enterprises to build search systems that are fast, scalable, and work with any kind of data. Since its founding in 2020, Jina AI has raised $38M from top investors, including GGV, Canaan Partners, Yunqi, and SAP.io. Jina AI is considered one of the fastest-growing AI startups globally.
Media Contact:
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SOURCE Jina AI | https://www.kxii.com/prnewswire/2022/05/17/jina-ai-shapes-future-search-cb-insights-names-it-100-most-innovative-ai-startups-second-year-running/ | 2022-05-17T16:26:01Z |
Leading Missouri health insurer will leverage Softheon's technology to bring affordable health care to more communities
STONY BROOK, N.Y., Sept. 15, 2022 /PRNewswire/ -- Softheon, a leading cloud-based health insurance exchange and service provider, announced a new partnership with Cox HealthPlans to utilize Softheon's shopping, enrollment, and billing platform for Medicare Advantage. The Medicare-in-a-box solution will enable thousands of members throughout Southwest Missouri to enroll in or renew their Medicare Advantage coverage. By expanding its offerings to include Medicare coverage, Cox HealthPlans can ease the transition for current members in group or individual plans to Medicare.
Enrollments in Medicare Advantage plans have more than doubled over the past decade. 2022 was no exception, seeing an 8.8% increase in Medicare Advantage enrollments compared to 2021. This acceleration in 2022 far exceeds growth estimates made in 2021. Cox recognized the upward trajectory of this market and the increased consumer demand.
Softheon creates significant automation through RPA (Robotic Process Automation) and highly configurable workflow triggers, empowering health plans to scale operations in Medicare, Exchange, or Small Group.
Health plans looking to make serious gains in any new market must have a great, end-to-end user experience. A comprehensive shopping experience, self-service portal, and targeted outreach all contribute to a sense of trust and transparency with members.
As the only locally owned and managed health insurance company in the Ozarks, Cox HealthPlans partnered with Softheon to better serve the rapidly growing population of new Medicare members in Missouri by enabling a high-quality consumer experience for Medicare Advantage shoppers and members through Softheon's leading SaaS (Software as a Service) platform.
Leveraging health insurance industry best practices combined with composable solutions, Softheon provides leading enrollment, billing, and member engagement technology to deliver cost savings, compliance, and revenue growth opportunities for health plans. Softheon's turnkey solution also handles all regulatory and operational requirements, enabling a proactive response to changing regulations and consumer demand.
"When deciding on a solution provider to help us better serve Southwest Missouri's Medicare population, Softheon's unmatched expertise and scalable technology made it the clear choice," said Matt Aug, President of Cox HealthPlans. "User-friendly software will help our Medicare members better navigate the often-complex health insurance enrollment process, saving time and providing them with a more seamless experience to support continuous coverage."
"As Medicare populations continue to grow, it's imperative for health plans nationwide to have a technology partner that can serve their evolving needs as well as those of their members," said Eugene Sayan, CEO and Founder of Softheon. "We're excited to partner with Cox HealthPlans to connect communities in Missouri with affordable health insurance through Softheon's solutions."
For more information about Softheon, please visit http://www.softheon.com/.
Founded in 2000, Softheon's Software-as-a-Service (SaaS) and Business Process-as-a-Service (BPaaS) solutions solve complex challenges for health plans and government health agencies. Currently, Softheon's solutions serve 8 State agencies and over 90 health plans. Issuers and consumers utilizing Medicaid, Medicare, and the ACA (Affordable Care Act) Marketplace benefit from Softheon's innovative technology that reduces administrative overhead and enhances user-experiences. Softheon is an Agent, Broker, and Merchant of Record that facilitates health insurance enrollment, administration, and renewal.
Cox HealthPlans is the only locally based health insurance company in the Ozarks. We are an affiliate of CoxHealth, a locally trusted and nationally renowned resource for comprehensive health services, extraordinary facilities and a remarkably high quality of care. We provide insurance solutions for thousands of members across Southwest Missouri. Locally owned and managed in Springfield, Missouri, we have a staff of experts who can help you with any facet of your insurance plan. Their dedication and knowledge base provide you with the highest quality customer service, accurate and timely claims payment, expert medical management you've come to expect from a leader in the health care industry.
Media Contact for Softheon:
Mitchel Forney
pr@softheon.com
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SOURCE Softheon | https://www.kxii.com/prnewswire/2022/09/15/cox-health-plans-becomes-first-carrier-utilize-softheon-medicare-advantage-cloud/ | 2022-09-15T14:55:05Z |
Rollcall: Texas teachers could have a new certification exam
DENISON, Texas (KXII) - A new exam is headed to desks all over Texas, to see if upcoming teachers can make the grade to get their certification.
That means if you want to become a teacher, you have to pass a harder test.
edTPA, short for education Teacher Performance Assessment, is on its way to replacing the current multiple choice exam.
The Texas Education Agency hopes that means Texas teachers will be even tougher.
News 12 spoke with the director of instruction for Denison ISD, Shonda Cannon, who said this could make their search for the best and brightest a little easier.
“While it is rigorous it is relevant and I think that it will be a reliable measure of those teachers who are ready to be certified and ready to tackle the profession of teaching in the state of Texas,” Cannon said.
On Friday, the State Board for Educator Certification (SBEC) voted yes on a 8-1 vote for edTPA be the new certification exam for future teachers.
The current exam has been in place since 2002.
“We are gonna work with colleges, we are gonna work with our alternative education providers to make sure that if we have someone who wants to teach we are gonna do everything to get them certified,” Cannon said.
Aspiring teachers are required to submit a portfolio assessment of several essays, a lesson plan, a 15 minute video, and a reflection piece regarding student performance on an assessment.
EdTPA did a pilot run in 2019.
“It hasn’t taken off like they had hoped because of COVID, I mean COVID has impacted everything and this is just another example of a program or implementation that has been slowed because of COVID,” Cannon said.
As long as the State Board of Education takes no action in June, EdTPA will be fully implemented in the 2024-2025 school year.
“Dr. Scott has always said that we are only as good as the teachers who are in the classrooms so we want the best and the brightest teaching in Denison ISD,” Cannon said.
Texas Education Agency gave News 12 the following statement :
“Friday’s 8-1 vote supporting edTPA by the State Board for Educator Certification (SBEC) affirms Texas’s commitment to providing teacher candidates with strong, supportive preparation that ensures candidates have demonstrated the knowledge and skills necessary to improve the performance of the diverse student population of Texas. As long as the State Board of Education (SBOE) takes no action in June, edTPA will be adopted as the replacement to the current multiple-choice Pedagogy and Professional Responsibilities (PPR) certification exam, following the three-year implementation timeline in the proposed rule.”
The Texas Tribune said edTPA is nearly $200 more than the current Texas teacher’s licensing exam.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/05/04/rollcall-texas-teachers-could-have-new-certification-exam/ | 2022-05-04T05:31:25Z |
XI'AN, China, June 24, 2022 /PRNewswire/ -- LONGi has announced a new world record conversion efficiency of 26.5% for its silicon heterojunction (HJT) photovoltaic cells. The new record, validated in testing carried out by the Institute for Solar Energy Research (ISFH) in Hamelin, Germany, was achieved on M6 (274.4cm2) full-size monocrystalline silicon wafers, marking a new breakthrough in efficiency for large-size monocrystalline silicon photovoltaic cells.
Through consistent technological innovation, LONGi, the world's leading solar technology company, has achieved continual breakthroughs in PV conversion efficiencies, breaking the world record for HJT cell efficiency twice in one week in October 2021. The company continues to lead the industry, with its speed of innovation and high-efficiency photovoltaic products making a significant contribution to the global energy transition.
About LONGi
Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.
Under its mission of 'Utilizing Solar Energy, Building a Green World' and brand positioning of 'Steadfast and Reliable Technology Leadership', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers, cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has, more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com/en
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SOURCE LONGi | https://www.wibw.com/prnewswire/2022/06/24/longi-once-again-sets-new-world-record-hjt-solar-cell-efficiency/ | 2022-06-24T10:45:12Z |
Jets take Cincinnati CB Ahmad ‘Sauce’ Gardner at No. 4
By DENNIS WASZAK Jr.
AP Pro Football Writer
FLORHAM PARK, N.J. (AP) — The New York Jets are adding some Big Apple Sauce to their defense. Cincinnati cornerback Ahmad “Sauce” Gardner was taken by the Jets with the No. 4 overall pick in the NFL draft Thursday night. The 6-foot-2, 190-pound shutdown cornerback didn’t allow a touchdown reception in his three-year college career. He’ll join free agent signing D.J. Reed to give coach Robert Saleh a new-look secondary with both considered No. 1-type cornerbacks. The Jets also have the 10th overall pick — the first time in franchise history they have two selections in the top 10. | https://localnews8.com/sports/ap-national-sports/2022/04/28/jets-take-cincinnati-cb-ahmad-sauce-gardner-at-no-4/ | 2022-04-29T01:58:20Z |
Which drip coffee maker should I get?
If you love starting your day with a fresh cup of coffee, a drip coffee maker can help make your morning routine more efficient. With different styles of drip coffee makers available, choosing the right one comes down to brewing preference, budget and counter space.
While all drip coffee makers work similarly, combining coffee grounds and hot water to extract flavor, some create bolder tasting cups or brew larger quantities. The Breville Precision Brewer Coffee Maker has a wide array of features and specialized settings and is ideal for any serious coffee lover.
What to know before you buy a drip coffee maker
Types of coffee makers
There are a few different subcategories of drip coffee makers, including electric models, thermal models and pour-over options.
Electric drip coffee maker: The most popular drip coffee makers are electric models. Due to their reliability, affordability and easy-to-use controls, this style of coffee maker is widespread, especially in offices and large households. However, depending on the specific model, you may not always get the strongest flavor.
Thermal drip coffee maker: Thermal coffee makers essentially work using the same method but utilize an insulated carafe that keeps your coffee heated and flavorful without burning it or making it bitter. These tend to be slightly more expensive than standard electric models.
Pour-over coffee maker: The simplest type of drip coffee maker is the pour-over. These coffee makers require the user to manually pour hot water over the grounds in a filter. The filtered coffee empties into a decanter or directly into a mug.
Drink preference
Drip coffee makers are best suited for those who enjoy standard cups of coffee. While you can still add milk or creamer to your drink, drip coffee makers usually are not designed to brew espresso shots used to make lattes and cappuccinos. If you want to be able to make regular coffee and espresso, consider a multi-purpose coffee maker.
Coffee quantity
One of the best aspects of a drip coffee maker is its ability to brew large quantities. This is convenient when hosting parties, serving guests or brewing enough for large households. If you plan to make coffee just for yourself, a single-serve coffee maker or a pour-over is your best option.
Size
As with all kitchen appliances, the size of your drip coffee maker matters. Those with limited counter space may want to opt for a compact model or a pour-over, as they take up the least amount of space.
What to look for in a quality drip coffee maker
Brewing strength
The best drip coffee makers feature settings to control overall brewing strength. It is common to see brewing settings that include light, bold, gold and cold brew. For households with different brewing preferences, a model with multiple settings is the way to go. The type and amount of beans you use will also affect the strength and taste.
Timer setting
Some drip coffee makers will be equipped with a timer function, allowing you to program the machine to brew coffee at a precise time every morning. For people with busy mornings, a model with a timer function is a great choice.
Carafe
The quality of the carafe is another essential factor to consider. Some carafes will rest on a hot plate designed to keep the coffee warm for more extended periods, but this can often lead to burnt or bitter-tasting coffee. The best carafes are made from insulating materials that retain heat without creating any unpleasant aromas or tastes.
Grinder
While most drip coffee makers do not come with a built-in grinder, a few high-end models will contain this helpful feature.
How much you can expect to spend on drip coffee makers
The most basic drip coffee makers can cost as low as $20. Midrange options usually run between $50-$200, and the most advanced models can cost up to $500.
Drip coffee maker FAQ
How long can I expect my drip coffee maker to last?
A. Most electric drip coffee makers will last anywhere from 5-10 years. By regularly cleaning and maintaining your coffee maker, you can help prolong its lifespan. However, the heating element will eventually wear out, requiring you to replace or upgrade your coffee maker.
What’s the difference between a drip coffee maker and a single-serve coffee maker?
A. The main difference is that a single-serve coffee maker utilizes small individual pods filled with coffee grounds to brew your coffee. While they are a highly convenient option, the overall quantity of coffee you’ll be able to brew at one time will be limited. You’ll also need to continuously purchase new pods, which are more expensive than bagged coffee beans.
What’s the best drip coffee maker to buy?
Top drip coffee maker
Breville Precision Brewer Coffee Maker
What you need to know: Breville offers a great coffee maker for those who want precise control over their brewing.
What you’ll love: The sleek design goes well with any kitchen decor, and the custom temperature control allows you to create a delicious cup of joe every time.
What you should consider: This model is one of the more expensive ones on this list.
Where to buy: Sold by Amazon
Top drip coffee maker for the money
Braun MultiServe Coffee Machine
What you need to know: This Braun coffee maker is a relatively affordable option, considering the impressive amount of features and settings it offers.
What you’ll love: You can make both hot and cold brews and choose between seven distinct brewing sizes.
What you should consider: The complexity of the controls may make this device hard to use for some.
Where to buy: Sold by Amazon and Bed Bath & Beyond
Worth checking out
What you need to know: This is an appealing manual pour-over for anyone wanting a more hands-on approach.
What you’ll love: You’ll have complete control over the brewing process, and the 34-ounce thermal-resistant decanter can even be placed on the stovetop over a low heat setting.
What you should consider: Pour overs require more time and attention than automatic models.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/kitchen-br/coffee-accessories-br/best-drip-coffee-maker/ | 2022-07-10T23:18:58Z |
NEW YORK, May 24, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of PCSB Financial Corporation ("PCSB" or the "Company") (NASDAQ: PCSB) in connection with the proposed acquisition of the Company by Brookline Bancorp, Inc. ("Brookline") (NASDAQ: BRKL). Under the terms of the merger agreement, the Company's shareholders will receive $22.00 cash or 1.3284 shares of Brookline common stock for each share of PCSB common stock owned, subject to a maximum 60% stock/40% cash consideration mix. This implies per-share merger consideration of approximately $20.72 based on Brookline's May 23, 2022 pre-merger announcement closing price of $14.96, or total value of approximately $313 million. Using current market prices, however, the implied per-share merger consideration is approximately $17.14 based on Brookline's May 24, 2022 intraday price of $13.90 per share, or total value of approximately $200 million.
If you own PCSB shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/pcsb
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) PCSB's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates PCSB's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/05/24/shareholder-alert-weiss-law-investigates-pcsb-financial-corporation/ | 2022-05-25T00:50:40Z |
WATCH: Teenagers rescue family from burning home
MODESTO, Calif. (KMAX/KOVR) - Three California teenagers are being hailed as heroes after risking their lives for others in distress.
Jesus Madrigal, better known as Chuy to his buddies, saw smoke at a neighbor’s house and ran to make sure everyone was all right. His friends Juan Martinez and Pedro Tejada joined in to help.
“We started banging. We started banging and throwing rocks at the door to try to get them to wake up,” Jesus said.
When that was not enough, he kicked down the door.
“I saw little kids, so I took them to the front. I gave them to someone and then I turned to go back,” Juan said.
Chuy’s sister, Angelica Madrigal, caught all the chaos on camera.
“In my voice in the video, my voice started cracking because I wanted to cry. I was just scared,” she said.
Pedro said he was scared, but he knew he had to help.
“Once I saw Chuy come out, I was just like, ‘I’m going to go in there.’ If something happened to him, I could get him out,” he said.
Lilia Prado, Jesus’ mother, said the boys did something “really, really amazing,” but she was scared for the boys.
“I was scared because I was hearing Chuy’s sister screaming and I was like ‘What is going on?’ You know that fear, of wanting to protect your children,” she said.
Even though it was a scary situation, the boys never hesitated to save their neighbors from a burning house.
“It’s just the right thing to do, you know? Basically, put on your shoes. If your house was burning, would you want someone to help you or not? I would appreciate it if someone came to help me if my house was burning down,” Jesus said.
In another show of bravery and kindness, since some of the children rescued from the house did not have clothes, the teenagers gave them the shirts off their own backs.
Copyright 2022 KMAX/KOVR via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/11/watch-teenagers-rescue-family-burning-home/ | 2022-07-11T12:48:03Z |
LONDON, Aug. 29, 2022 /PRNewswire/ -- vTail is pleased to announce the launch of its newest feature, "vGroups", which allows clinicians to connect, communicate and collaborate with each other in a secure environment. As a key part of this launch, vTail will be used as the conference app for several key fall medical conferences in the wound care market. These include the Leaders in Wound Healing, SerenaGroup, and the Association for the Advancement in Wound Care Fall Conference 2022.
CEO of vTail, Barry Wolfenson states, "What we've seen since our launch a year ago is that clinicians want to discuss difficult cases, new technologies and other industry related topics with their peers. While they sometimes find places on the web or in apps to have these conversations, the existing solutions aren't specifically built for this use, nor do they provide any value-add. Our solution is in a secure, HIPAA-enabled environment, where clinicians have easy access to all of the content within our app to share with their peers. Additionally, we are finding ways in which our platform can help inform these clinicians during their conversations and help them engage better with product manufacturers."
Dr. Thomas Serena, MD is running the Leaders in Wound Healing conference. "I see vTail as a great way to keep productivity consistently high in the wound clinics we manage, as our clinical staff now have great control over their conversations with sales reps – with direct access to them through the app. For our fall conference, we're delighted to be the first to use vTail as a way to engage with all the attendees before, during and after the meeting."
Kara Couch, NP incoming President of the AAWC, stated, "vTail is a no brainer. We get to encourage great interactions between our sponsors and attendees, and the attendees get a valuable app that they'll use all the time after the conference is over when they are taking care of patients."
The company expects the new vGroups feature to help drive the number of users on the platform. Customer companies will establish user groups for their brands; and associations and other organizations will be able to use the feature to communicate and stay informed.
About vTail: vTail is a newly launched digital healthcare communications app serving as an interactive marketing, clinical education and sales platform. The app is designed to be a significant time-saving resource for healthcare professionals (HCPs), providing them with quick and easy access to extensive product information, an automated rolodex to their local reps, a curated newsfeed based on their clinical interests, and more. The company's early focus has been in medical technologies, having launched in the advanced wound care and dental markets and now planning its entry into the orthopedics market.
The service is free to HCPs, and was selected as a Top 10 Clinical Communications & Collaboration Solution Provider for 2021 by MD Tech Review and a Top 10 Innovation in Wound Care 2022 by the Wound Management and Prevention journal.
Media Inquiries: info@vtail.co
vTail Healthcare Telecommunications Limited. Company Number: 12646131. VAT registration number 365102718.
Registered Office: 264 Banbury Road, Summertown, Oxford OX2 7DY, United Kingdom
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SOURCE vTail Healthcare Communications, Inc | https://www.kxii.com/prnewswire/2022/08/29/vtail-healthcare-telecommunications-limited-announces-expanded-usage-clinician-communications-with-initial-launch-app-key-medical-conferences/ | 2022-08-29T14:36:35Z |
Webcast Replay of the Analyst Day is Available on the Company's Website
CENTENNIAL, Colo., Sept. 8, 2022 /PRNewswire/ -- DHI Group, Inc. (NYSE: DHX) today announced that at its 2022 virtual analyst day event held earlier today, the company raised its full year revenue guidance and provided a continued revenue growth outlook for 2023.
"Based on our continued strong bookings growth across both Dice and CJ, we are increasing our full year 2022 revenue guidance and now expect total revenue to be in the range of $148 million to $149 million, representing growth of between 23% and 24% year over year," commented Kevin Bostick Chief Financial Officer of DHI Group, Inc. "We continue to expect third quarter total revenue to be in the range of $37 million to $38 million, representing growth of between 20% and 23% year over year and will continue to operate the business to Adjusted EBITDA margins at or near 20% throughout 2022 as we continue to balance our strong financial performance with increased sales and marketing investment to drive continued double-digit revenue growth.
"While we are not yet providing specific long-term guidance for 2023, DHI intends to maintain its investment strategy in sales and marketing to capture incremental market share for each of its brands' total addressable market. As a result, DHI intends to stay within the Rule of 40 in 2023, with a bias to driving bookings and revenue growth, and anticipates maintaining Adjusted EBITDA margins of approximately 20%. As such, DHI expects to drive bookings and revenue growth in 2023 approaching or near 20% year over year. We anticipate that DHI's business model will see margin expansion approaching approximately 30% Adjusted EBITDA margins over time, however, the near-term focus will remain on investing to drive top-line growth."
DHI's 2022 investor day, with its theme "Where Tech Connects" was hosted by Art Zeile, President and Chief Executive Officer, with presentations by senior management that included details on:
- The tech hiring market and DHI's market opportunity
- The company's products and client needs
- The company's sales growth strategy
- The company's brand and awareness strategy
- The company's view on marketplaces that serve security-cleared talent
- The company's financial model and outlook
Speakers during the event included:
- Art Zeile, Chief Executive Officer
- Paul Farnsworth, Chief Technology Officer
- Arie Kanofsky, Chief Revenue Officer
- Michelle Marian, Chief Marketing Officer
- Evan Lesser, President and Founder of ClearanceJobs
- Kevin Bostick, Chief Financial Officer
Management also hosted a real-time question and answer session at the end of the investor presentation.
A replay of the event is available in the investor relations section of the DHI website at www.dhigroupinc.com.
Investor Contact
Todd Kehrli or Jim Byers
MKR Investor Relations, Inc.
212-448-4181
ir@dhigroupinc.com
Media Contact
Rachel Ceccarelli
VP of Engagement
212-448-8288
media@dhigroupinc.com
About DHI Group, Inc.
DHI Group, Inc (NYSE: DHX) is a provider of AI-powered career marketplaces that focus on technology roles. DHI's two brands, Dice and ClearanceJobs, enable recruiters and hiring managers to efficiently search for and connect with highly skilled technologists based on the skills requested. The Company's patented algorithm manages over 100,000 unique technology skills. Additionally, our marketplaces allow technology professionals to find their ideal next career opportunity, with relevant advice and personalized insights. Learn more at www.dhigroupinc.com.
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SOURCE DHI Group, Inc. | https://www.kxii.com/prnewswire/2022/09/08/dhi-group-inc-raises-full-year-revenue-guidance-2022-analyst-day/ | 2022-09-08T21:20:31Z |
From Odd Noises Coming from the Air Conditioner to Bad Smells and Poor Indoor Air Quality, Home and Business Owners Who Notice These Issues Should Call for A/C Service As Soon As Possible
MOORESVILLE, N.C., May 17, 2022 /PRNewswire/ -- Brian Pysz, owner of the Charlotte HVAC repair company Peace Heating and Air Conditioning, knows firsthand that HVAC systems often provide clues that they are about to go on the fritz.
With summer on the way, Pysz wants to ensure that his customers stay as comfortable as possible when the mercury rises. This inspired him to post a new blog that lists the 10 signs that people need emergency AC service right away.
To check out the new blog, please visit https://peaceheatingandairconditioning.com/2022/04/11/signs-you-need-emergency-ac-service-right-away/.
As the blog notes, a strange sound coming from the AC unit is probably the most reliable and common early warning sign that something is amiss. This can include rattling, banging, pinging or gurgling from within the system.
"Call Peace Heating & Air Conditioning for 24-hour emergency AC service if you notice these noises," the blog notes, adding that it is typically a lot less expensive and more cost-effective to have air conditioner repair services done at the first indication of a problem.
A musty or damp smell emanating from the unit can also signify a problem that could include ice in the AC system or that the unit needs to have its drain cleaned out. If a business owner or homeowner notices smoke or the smell of something burning, the system and breaker should be turned off immediately.
Bad indoor air quality, visible ice on the unit and poor airflow are also signs that the AC should be serviced as soon as possible.
About Peace Heating and Air Conditioning:
At Peace Heating And Air Conditioning, they are proud to be the local heating and AC & Heat Service experts, and they have the tools and expertise to install, repair and maintain all the climate control systems people need to breathe easily. Their highly qualified technicians provide only the best service, and they always work with each family's needs and long-term comfort in mind. For more information, please visit https://peaceheatingandairconditioning.com/
Peace Heating And Air Conditioning
131 Overhill Dr #110,
Mooresville, NC 28117
(704) 746-9723
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SOURCE Peace Heating and Air Conditioning | https://www.wibw.com/prnewswire/2022/05/17/hvac-company-peace-heating-air-conditioning-lists-10-signs-people-need-emergency-ac-service-right-away/ | 2022-05-17T21:18:09Z |
Multiple tires slashed, feces reportedly spread on cars in Society Hill vandalism spree: Residents
By Web Staff and Corey Davis
Click here for updates on this story
PHILADELPHIA, Pennsylvania (WPVI) — Police are investigating after residents said a rash of vandalism left blocks of cars with flat tires and smeared feces on some vehicles in the Society Hill section of Philadelphia.
The cars parked on the entire block on Lombard Street between 5th and 6th streets are now undrivable.
Tires were slashed and most vehicles were keyed on the driver’s side with words written on one that appeared to say “I kill people.”
This is the situation on several blocks along Lombard and Pine.
“I was walking on my way to work and I saw a car had a flat tire, then I saw another on that car, and then I saw the entire block. Most of the cars had two or four (flat) tires,” said resident Chloe Beiler.
Beiler said she noticed the damage Friday morning, but victims on other blocks were just discovering the damage Monday morning.
“I thought it was my error driving into a pothole or something,” said resident Tera Huemmrich.
But when the tow truck driver showed up and tried to put air in the tires, they realized all four were slashed.
“I’ve parked in this neighborhood for over two years and haven’t had any trouble parking or any other issues with vandalism, just tree sap, which is part of the neighborhood’s charm,” said Huemmrich. “An inconvenience for me, but maybe a safety issue for others.”
The vandalism didn’t just stop at slashed tires and scratched-up cars.
“Someone had smeared poop all over my front door lock,” said resident Tia Cavallaro.
It was also reportedly smeared onto cars.
“When it affects you directly, it really hits home. The crime has picked up in Philadelphia and we haven’t really felt it much here in Society Hill,” said Cavallaro. “You know, it’s scary because if they’re going to smear poop and slash tires, you just don’t know what’s going through their heads and what they’re going to do next.”
Residents said they spoke with officers who were out investigating the situation.
“I don’t know why someone would have to do that. It’s not the worst thing in the world, but it’s just a reflection on things in general. It’s just lawlessness,” said resident Eric Levine.
Neighbors said they hope the recent rash of vandalism is over and that investigators are able to catch who’s responsible.
“I think part of it is city council needs to change their directive on petty crimes because again, when they know they can get away with all the small stuff, they push the envelope,” said resident David Shelly.
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/2022/04/11/multiple-tires-slashed-feces-reportedly-spread-on-cars-in-society-hill-vandalism-spree-residents/ | 2022-04-11T20:39:10Z |
Ahead of the company's appearance at the leading European digital games trade fair Gamescom, Zilliqa announces the name of its first game, WEB3WAR, a first-person shooter game with AAA-level design at its core
LONDON, Aug. 23, 2022 /PRNewswire/ -- Zilliqa (https://www.zilliqa.com/), a high-performance, high-security, and low-fee layer-1 blockchain protocol, announces the name of the new first-person shooter (FPS) game, WEB3WAR. This announcement comes ahead of Zilliqa's attendance this week at Gamescom, Europe's leading trade fair for digital games culture.
As of 2021, the video game industry is estimated to be worth $178.7 billion, an increase of 14.4% from 2020, with some estimates predicting the market size will reach $268 billion by 2025. Emergen Research statistics also show that FPS games are the most popular within esports, a thriving market for the Zilliqa community.
What separates WEB3WAR from other blockchain games is its focus on gameplay and intuitive design, which makes it easy to pick up, play, and enjoy from the very beginning, making it appealing to the entire gaming community.
Alongside an AAA-level approach to game development, the team has adopted the skill-to-earn gaming model over the more common play-to-earn model. This serves as the foundation for a more sustainable business model that allows players to win rewards in the form of customised items and tokens secured by the Zilliqa blockchain, depending on their level of skill. The better they play, the more valuable the reward.
In-game tokens and digital items will also be available to purchase in the form of customizable skins like armour, helmets, or weapons for a player's character. By implementing a skills-based reward system into a familiar and AAA-level interface, WEB3WAR allows players of all profiles to rake in earnings that are commensurate to the time they spend in it, making it a pioneer in the gaming Industry.
Other features of the game include:
- Five unique gaming maps with additional maps coming soon
- Multiplayer settings available with a best-in-class software stack
- Cross-play and cross-progression at the core of the game architecture
- Available on Windows, Mac, Linux, Android, iOS
When WEB3WAR launches, it will be free to play with seasonal components that will require tokens to access.
"We're on a mission to help gamers adopt crypto and welcome them into the Zilliqa community. Web3War is a game designed to meet the preferences of modern gamers, and also offer them a fresh experience -- by introducing the opportunity to earn rewards as they have fun. Our focus is on creating a game that not only has utility but also has the player's enjoyment at its heart," says Matt Dyer, Head of Growth at Zilliqa. "Gamescom is the perfect event for us to announce WEB3WAR, since we see it first and foremost as a game that just happens to have blockchain elements built into it. WEB3WAR is just the tip of the iceberg for what Zilliqa has in store for the gaming community."
Visit the Zilliqa team at their Gamescom booth - Hall 02.2, Stand A-052 - and get a sneak peek at the game.
If you can't make the event, please check out the WEB3WAR website (http://www.w3w.game) or join the Discord channel (https://discord.gg/JmENmPsU).
About Zilliqa:
Zilliqa provides highly-performant, scalable, and secure blockchain solutions for enterprises and decentralised applications. Founded in 2017, Zilliqa was developed by a team of global business and industry experts, experienced scientists, leading engineers, financial services specialists, and venture creators. Zilliqa's mission is to become the blockchain destination of choice for building and developing Web3 applications. Committed to developing innovative and scalable blockchain solutions with a user-centric approach, Zilliqa is working to catalyse and transform digital infrastructures across global communities and industries. Businesses and brands across the world are leveraging Zilliqa's technology to build applications that support their strategic growth and scale their business — from financial services to entertainment, esports and gaming, and digital advertising.
To date, the Zilliqa blockchain has processed over 40 million transactions since launching its main net and is home to a flourishing decentralised application ecosystem of over 250 projects. For more information, visit: zilliqa.com
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SOURCE Zilliqa Research Pte. Ltd. | https://www.wibw.com/prnewswire/2022/08/23/zilliqa-enters-gaming-space-with-shooter-game-web3war/ | 2022-08-23T13:46:39Z |
UPPSALA, Sweden, July 14, 2022 /PRNewswire/ --
Good tailwind in the financial development
Q2 2022 highlights
- Total net revenues of SEK 147.8 m (142.8)
- EBITDA of SEK -32.5 m (-41.1)
- Net earnings of SEK -35.8 m (-73.7)
- US Pharma segment (ZUBSOLV® US) net revenues of SEK 139.6 m (126.0), in local currency USD 14.2 m (15.0), US Pharma EBIT of SEK 77.2 m (61.6)
- Cash flow from operating activities of SEK 14.5 m (-20.9), cash and invested funds of SEK 467.7 m (679.7)
- Earnings per share before and after dilution amounted to -1.04 (-2.15)
- Christine Rankin and Michael J Matly were elected as Board members at the Annual General Meeting. They replace David Colpman and Kirsten Detrick who have declined re-election.
- Orexo´s partner Gesynta Pharma's drug candidate GS-248 (OX-MPI) granted Orphan Drug Designation in the US by the FDA for the treatment of systemic sclerosis
Important events after the period
- First clinical study initiated for OX640, a nasal adrenaline rescue medication for allergic reactions
- The digital therapy deprexis® reimbursed within the US Veterans Affairs Federal Supply Schedule
- Financial outlook 2022 reiterated
CEO Comments
A leader in providing new innovative treatment solutions for patients suffering from opioid dependence
"I am pleased to report ZUBSOLV® demand fully stabilized versus Q1, contributing to an improved development for our main business, US Pharma. Comparing to last year US Pharma net revenues increased by 11 percent driven by a strong USD and a favorable payer mix, offsetting a negative development in ZUBSOLV® demand. With a significant exposure to the US dollar also in our expenses, I am particularly pleased to see a continued improved EBITDA compared to last year, which supports an increase in our cash position of 30 million. The financial development should be seen in the light of our continued investment in future growth drivers, in particular the finalizing of OX124, our opioid overdose rescue medication, for registration in the US later this year. Additionally, we are launching and in parallel running a large clinical trial for MODIA®, our digital therapy for opioid use disorder (OUD), also in the US. These investments are all important elements in a comprehensive solution to improve access to treatment and outcome for patients suffering from OUD."
To read the full CEO Comments view attached PDF.
For further information, please contact
Nikolaj Sørensen, President and CEO, Joseph DeFeo, EVP and CFO, or Lena Wange, IR & Communications Director
Tel: +46 18 780 88 00, +1 855 982 7658, E-mail: ir@orexo.com
Presentation
At 2 pm CET the same day as the announcement of the report Orexo invites analysts, investors and media to
attend a presentation where Nikolaj Sørensen, CEO, Joseph DeFeo, CFO, and Dennis Urbaniak, SVP Digital Therapeutics, will present the report and host a Q&A.
Please view the instructions below on how to participate
Internet: https://tv.streamfabriken.com/orexo-q2-2022
Telephone: SE: +46 8 56 64 27 04 UK: +44 33 33 00 92 63 US: +1 64 67 22 49 56
Prior to the call presentation material will be available on Orexo´s website Investors/Reports, presentations, audiocasts.
This information is information that Orexo AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 8.00 am CET on July 14, 2022.
This information was brought to you by Cision http://news.cision.com
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SOURCE Orexo | https://www.kxii.com/prnewswire/2022/07/14/orexo-interim-report-q2-2022/ | 2022-07-14T07:17:04Z |
BERLIN (AP) — Members of the Group of Seven major economies pledged Tuesday to create a new ” climate club ” for nations that want to take more ambitious action to tackle global warming, putting them on a possible collision course with China.
The idea, championed by G-7 summit host German Chancellor Olaf Scholz, will see countries that join the club agree on tougher measures to reduce greenhouse gas emissions.
Countries that are part of the club will try to ensure their national measures are transparent and comparable, avoiding the need for members to impose climate-related tariffs on each others’ imports. The European Union in particular has touted such tariffs as a way to prevent companies which reduce emissions from being undercut by foreign rivals that don’t have to abide by strict environmental rules.
Speaking at the end of the three-day summit, Scholz said the aim was to “ensure that protecting the climate is a competitive advantage, not a disadvantage.”
The G-7 say that the new club will be “will be inclusive in nature and open” to countries that are committed to fully implementing the 2015 Paris climate accord, but the idea is likely to find little favor particularly with China, the world’s biggest emitter. Beijing has made clear that it strongly opposes climate-related tariffs and has tried to rally support against the idea from other emerging and developing countries.
Scholz said details of the planned climate club would be finalized this year.
The G-7 also made clear their continued support for efforts to cap global warming at 1.5 Celsius (2.7 Fahrenheit) this century compared to preindustrial times, outlining numerous measures they will take to curb their own emissions and help poorer nations do the same.
Environmental campaigners expressed relief that existing pledges to phase out coal use and boost the uptake of electric cars hadn’t been rolled back, though the G-7 did soften their commitments on ending public support for fossil fuel investments.
In their final statement following three days of talks in Elmau, the G-7 leaders said that because of the exceptional circumstances arising from the war in Ukraine, “publicly supported investment in the gas sector can be appropriate as a temporary response.”
Environmental campaigners, scientists and U.N. Secretary-General Antonio Guterres have urged rich, developed nations to end all public finance for fossil fuel projects, warning that these could lock in increased carbon emissions or become obsolete in just a few years.
Scholz, whose country has scrambled to find replacements for Russian natural gas supplies cut due to the war in Ukraine, defended the decision.
“Gas will be needed temporarily and that is why there may be investments that make sense, in this transition phase, and that therefore may need to be supported,” he told reporters after the summit.
One of the arguments made by German officials in favor of supporting new natural gas development projects is that this could prevent them having to resort to burning more polluting coal to meet their energy needs.
But experts said it is unclear whether investments in natural gas projects — such as one that Germany is considering supporting in Senegal — even make financial sense when countries have committed not to release any additional emissions into the atmosphere by mid-century.
“The simple truth is gas, oil and coal have got much more expensive while clean alternatives like wind and solar look an even better, and far cheaper bet,” said Gareth Redmond-King of the environmental think tank Energy and Climate Intelligence Unit. “It will be critical not to risk fossil fuel stranded assets that, by the time they come online, find the world has moved on towards net zero.”
___
Follow AP’s coverage of the G-7 summit at https://apnews.com/hub/g-7-summit and climate issues at https://apnews.com/hub/climate | https://cw33.com/news/science-technology/ap-science/g-7-aims-to-create-club-of-nations-to-boost-climate-action/ | 2022-06-29T02:44:04Z |
PHOENIX, June 16, 2022 /PRNewswire/ -- WorldHotels announced today that it expects a surge in international travel in the coming weeks due to the decision by the Centers for Disease Control and Prevention (CDC) to lift Covid-19 testing requirements for inbound travelers to the United States. Not only will this result in a boost in summer travel to the United States, but it will also enable U.S. citizens to travel abroad without needing to show proof of a negative test upon re-entry. According to the U.S. Travel Association, the repeal of this restriction will bring nearly than 5.4 million visitors to the U.S. and an additional $9 billion in travel spending in the remainder of 2022. With nearly 200 upper upscale and luxury properties in key destinations around the world, WorldHotels is well-positioned to welcome travelers to their properties.
"We are already experiencing a strong summer at our hotels with occupancy surpassing 2019 levels in many parts of the world," said Ron Pohl, President, WorldHotels. "The decision by the CDC to repeal the unnecessary restriction for travelers to show a negative Covid test upon entering the United States will certainly make it easier for travelers this summer. WorldHotels looks forward to welcoming guests at our exquisite properties in iconic destinations across the world and providing the unforgettable experiences that are at the heart of our brand."
Envisioned by hoteliers dedicated to unique luxury and lifestyle, WorldHotels has curated a collection of the finest independent hotels and resorts in popular destinations like Miami, New York City, Chicago, Bangkok, Rome and Madrid. To welcome visitors back and cater to the unique needs and preferences of guests, WorldHotels and its collection of curated hotels are ramping up operations across these destinations.
Below is selection of a few of WorldHotels properties in key cities:
Eden Roc (Miami Beach)
Hotel Bijou (San Francisco)
The Kimberly Hotel (New York City)
The ACME Hotel (Chicago)
Royal Garden Hotel (London)
The Marmara Hotel Taksim (Istanbul)
Hotel Quirinale (Rome)
Hotel Villa Real (Madrid)
Hotel Kung Carl (Stockholm)
Goodwood Park Hotel (Singapore)
SereS Springs Resort & Spa (Ubud)
Carlton Hotel Bangkok Sukhumvit (Bangkok)
Caravelle Saigon (Ho Chi Minh City)
Sir Stamford at Circular Quay (Sydney)
For more information on these hotels and other distinguished WorldHotels properties, visit www.worldhotels.com.
About WorldHotels™ Collection
WorldHotels Collection is a privately held hotel soft brand within the BWH Hotel Group® global network. Founded by independent hoteliers dedicated to the art of hospitality, and celebrating its 50th year anniversary in 2021, WorldHotels offers one of the finest portfolios of independent hotels and resorts around the globe, expertly curated to inspire unique, life enriching experiences that connect people and places. WorldHotels is comprised of four unique collections, each with its own personality and style to appeal to the needs of today's traveler. The collections include: WorldHotels Luxury, WorldHotels Elite, WorldHotels Distinctive and WorldHotels Crafted.
CONTACT: Paige Sclar, 754-888-6309
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SOURCE WorldHotels | https://www.wibw.com/prnewswire/2022/06/16/worldhotels-poised-welcome-international-travelers-testing-requirements-lifted/ | 2022-06-16T15:59:45Z |
PHOTOS: At this Hawaii hospital, most of the patients are endangered
HONOLULU (HawaiiNewsNow/Gray News) - The Hawaii Wildlife Center cares for critical species ― native birds and bats that come to the Big Island animal hospital either sick or injured.
The center’s founder and president, Linda Elliot, said there are currently 40 animals at the hospital located in North Kohala.
“You never know from day to day what you’re going to get in as a patient,” she said.
The non-profit treats its patients for problems ranging from bodily injuries to poisonings. It could be a nene goose or a Hawaiian hoary bat that needs help.
HWC’s team of veterinarians nurse them back to health.
“We know that when they’re in care it’s not normal for them,” Elliott said. “They’re not like our domestic animals that like to be held or petted or talked to.”
The need to rehabilitate injured animals has grown by leaps and bounds. The center also takes in patients from Midway and Kure atolls, two ring-shaped reefs located in the Pacific ocean.
Elliott said since the center opened, HWC has cared for close to 3,000 birds and bats.
“We treat them and get them back into the wild,” she said.
This year marks the wildlife center’s 10-year anniversary. Its release rate is more than 80%.
“Our happiest moment is when we release them back into the wild and they fly away without looking back. Then we know we’ve done what we needed to do to get them back out,” Elliott said.
HWC depends on grants and contributions from businesses and individuals to continue the important work.
Its small staff receives help from volunteers and veterinarians statewide who assist with medical treatment and transportation.
“We always look for training new people within our own community, within the state, so that we have the expertise here to protect our native biodiversity,” Elliott said.
The Hawaii Wildlife Center cares for a lot more native birds and bats than Elliott envisioned it would when the hospital opened a decade ago, and that need is never-ending.
For more information or to donate, visit the Hawaii Wildlife Center website.
Copyright 2022 KHNL, KGMB via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/17/photos-this-hawaii-hospital-most-patients-are-endangered/ | 2022-08-17T18:05:54Z |
STOCKHOLM, May 5, 2022 /PRNewswire/ -- The Annual General Meeting of Mycronic AB (publ) was held on May 5, 2022. The Annual General Meeting was carried out with the physical presence of shareholders and representatives. The shareholders were also allowed to exercise their voting rights prior to the general meeting by advance voting, so-called postal voting.
The following decisions were made at the Annual General Meeting.
Income statements and balance sheets
The Annual General Meeting adopted the income statement and the balance sheet and the consolidated income statement and the consolidated balance sheet for the financial year 2021.
Dividend
The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, on an ordinary dividend of SEK 3.00 per share. The record date for receiving dividend was set to May 9, 2022, and the dividend is expected to be distributed on May 12, 2022.
Discharge from liability
The members of the Board of Directors and the CEO were discharged from liability for the administration of the company during the financial year 2021.
Election of members of the Board of Directors etcetera
The Annual General Meeting resolved, in accordance with the nomination committee's proposal, that the Board of Directors for the period running up until the end of the next Annual General Meeting shall be composed of seven ordinary members with no deputy members.
The Annual General Meeting re-elected, in accordance with the nomination committee's proposal, Patrik Tigerschiöld, Arun Bansal, Anna Belfrage, Katarina Bonde, Staffan Dahlström and Robert Larsson, and new-elected Bo Risberg as members of the Board of Directors for the period running up until the end of the next Annual General Meeting. Patrik Tigerschiöld was re-elected Chairman of the Board of Directors.
Election of auditor
The Annual General Meeting resolved, in accordance with the nomination committee's proposal, that one registered accounting firm shall be elected as auditor for the period running up until the end of the next Annual General Meeting.
The Annual General Meeting re-elected, in accordance with the nomination committee's proposal, the auditing firm Ernst & Young as auditor for the period running up until the end of the next Annual General Meeting.
The Authorized Public Accountant, Erik Sandström, will be the responsible auditor.
Board of Directors' and auditors' fees
The Annual General Meeting resolved, in accordance with the nomination committee's proposal, on remuneration to the Board of Directors of a total of SEK 3,395,000 for the period running up until the end of the next Annual General Meeting to be distributed as follows. The Chairman of the Board of Directors shall receive a raised remuneration amounting to SEK 850,000 and each of the six other members of the Board of Directors shall receive a raised remuneration amounting to SEK 340,000. In addition, the Annual General Meeting resolved that remuneration to the Chairman of the audit committee shall be raised to SEK 125,000 and that remuneration to each of the other members of the audit committee shall be raised to SEK 75,000. Furthermore, remuneration to the Chairman of the remuneration committee shall be raised to SEK 100,000 and remuneration to each of the other members of the remuneration committee shall be raised to SEK 65,000.
The Annual General Meeting resolved, in accordance with the nomination committee's proposal, that the auditor's fee shall be taken on current account for the period running until the end of the next Annual General Meeting.
Approval of the remuneration report
The Annual General Meeting approved the Board of Directors' remuneration report pursuant to Chapter 8, Section 53 a of the Swedish Companies Act.
Guidelines for remuneration to senior executives
The Annual General Meeting resolved to adopt guidelines for remuneration to senior executives in accordance with the Board of Directors' proposal.
Principles for the appointment of a nomination committee
The Annual General Meeting resolved, in accordance with the nomination committee's proposal, that the nomination committee for the Annual General Meeting 2023 shall consist of three members representing the three largest owner-registered or otherwise known shareholders at the end of August and the Chairman of the Board of Directors, a total of four members.
Authorization to resolve on issue of new shares
The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to authorize the Board of Directors to, on one or several occasions, during the period up until the next Annual General Meeting, resolve on an issue of new shares with deviations from the shareholders' preferential rights. The issue price shall be determined on marketable grounds and the number of issued shares may not exceed ten percent of the total number of outstanding shares in the company per the date of the notice to the Annual General Meeting 2022.
Authorization to resolve on acquisition of the company's own shares
The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to authorize the Board of Directors to, on one or several occasions, during the period up until the next Annual General Meeting, resolve to acquire the company's own shares. Acquisition of shares in the company may only be made on Nasdaq Stockholm (the "Exchange"). Acquisition may only be made by a maximum of so many shares that, at any given time, the company's own holdings do not exceed five percent of all shares in the company. Acquisition of shares on the Exchange may only take place at a price within the price range recorded on the Exchange at any given time.
Long-term incentive program 2022 (LTIP 2022)
The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to introduce a long-term performance share program (LTIP 2022) aimed at certain key employees. The intention with LTIP 2022 is to encourage personal long-term ownership in Mycronic as well as to increase and enhance its ability to recruit, retain and motivate employees. The intention is also to use LTIP 2022 to unite the interest of the employees with the interests of shareholders.
The proposal was divided into four items:
A. Terms of LTIP 2022
B. Transfer of the company's own shares under LTIP 2022 and hedging activities
C. Hedging of LTIP 2022 via an equity swap agreement with a third party
D. Other matters related to LTIP 2022
The Annual General Meeting approved the terms of LTIP 2022, in accordance with item A above, as well as transfer of the company's own shares under LTIP 2022 and hedging activities in accordance with item B above.
LTIP 2022 is directed towards a maximum of 70 employees, divided in three categories of participants:
CEO (maximum 1 person)
Management Group (maximum 10 persons)
Other key employees (maximum 59 persons)
Participants will, after a qualification period, be given the opportunity to receive allotment of ordinary shares in Mycronic at no consideration. The number of shares allotted will depend on fulfilment of certain performance targets. Allotment of shares within LTIP 2022 will be made during a limited period of time following the Annual General Meeting 2025. The period up to this date is referred to as the qualification period. A condition for the participant to receive allotment of shares is that the participant remains an employee of the Mycronic Group during the full qualification period up until allotment. Allotment of shares also requires that the EPS performance targets are fulfilled.
The intention is to launch LTIP 2022 as soon as practically possible after the Annual General Meeting 2022. The term of LTIP 2022 is more than three years. LTIP 2022 will comprise a maximum of 125,500 shares in total, which corresponds to 0.13 percent of the total outstanding shares and votes in the company on a fully diluted basis.
Statutory meeting of the Board of Directors
At the statutory meeting of the Board of Directors that was held after the Annual General Meeting 2022, the Board of Directors resolved to appoint as members of the remuneration committee Patrik Tigerschiöld, Arun Bansal and Robert Larsson, and as members of the audit committee Anna Belfrage, Katarina Bonde and Staffan Dahlström.
Furthermore, the Board of Directors resolved, based on the authorization given by the Annual General Meeting 2022, to acquire a maximum of so many of the company's own shares that, at any given time, the company's own holdings does not exceed five percent of all shares in the company. The purpose of the acquisition is to enable delivery of shares to participants in LTIP 2022 and to be able to continuously adjust the company's capital structure to the company's capital requirements.
The Board of Directors' resolution may be executed up until the next Annual General Meeting. Acquisition shall be made on the Exchange and shall take place at a price per share which is within the price range recorded on the Exchange at any given time. Payment for the shares shall be made in cash.
For additional information, please contact:
Sven Chetkovich
Director Investor Relations
Tel: +46 70 558 39 19
E-mail: sven.chetkovich@mycronic.com
The information in this press release was published on May 5, 2022, at 8:00 p.m. CEST.
About Mycronic
Mycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic's headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, the Netherlands, Singapore, South Korea, United Kingdom and the United States. Mycronic is listed on Nasdaq Stockholm. www.mycronic.com
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SOURCE Mycronic AB | https://www.wibw.com/prnewswire/2022/05/05/communiqu-annual-general-meeting-statutory-meeting-board-directors-mycronic-ab-publ/ | 2022-05-05T18:36:23Z |
- Results from the SELECT-AXIS 2 non-radiographic axial spondyloarthritis (nr-axSpA) study demonstrated significantly greater improvements in signs and symptoms, pain, function, disease activity, health-related quality of life, and MRI-detected SI joint inflammation with upadacitinib (RINVOQ®) compared to placebo at week 141
- Results from the SELECT-AXIS 2 ankylosing spondylitis (AS) bDMARD-IR study demonstrated significantly greater improvements in signs and symptoms, pain, function, disease activity, health-related quality of life, and MRI-detected spine inflammation with upadacitinib compared to placebo at week 142
- Safety data were consistent with the known safety profile of upadacitinib, with no new risks observed1,2,3,4,5
NORTH CHICAGO, Ill., June 1, 2022 /PRNewswire/ -- AbbVie (NYSE: ABBV) today announced the presentation of full results from two studies from the Phase 3 SELECT-AXIS 2 program evaluating upadacitinib (RINVOQ®), an oral therapy, in adult patients with active non-radiographic axial spondyloarthritis (nr-axSpA) and patients with treatment-refractory active ankylosing spondylitis (AS) with an inadequate response (IR) to biologic disease-modifying antirheumatic drugs (bDMARDs). Both studies met the primary endpoint of Assessment of SpondyloArthritis international Society 40 percent response criteria (ASAS40) at week 14 versus placebo.1,2
In the SELECT-AXIS 2 nr-axSpA study, significantly more nr-axSpA patients achieved the primary endpoint of ASAS40 at week 14 with upadacitinib versus placebo (45 percent versus 23 percent; p<0.0001).1 Statistical significance was also achieved in the first 12 of 14 multiplicity-controlled secondary endpoints compared to placebo at week 14 including change from baseline in patient's assessment of total back pain, Bath Ankylosing Spondylitis Functional Index (BASFI), Ankylosing Spondylitis Disease Activity Score (ASDAS) Low Disease Activity, Ankylosing Spondylitis Quality of Life (ASQoL), and MRI Spondyloarthritis Research Consortium of Canada (SPARCC) score for SI joints.1
"The new data observed from SELECT-AXIS 2 reinforce the potential of upadacitinib for patients across the spectrum of axial spondyloarthritis disease," said Neil Gallagher, M.D., Ph.D., vice president, development, chief medical officer, AbbVie. "At AbbVie, the needs of patients drive us to continue to innovate new ways to change the treatment landscape. We are encouraged by these positive data, which we hope will lead to the availability of a new treatment option for patients with nr-axSpA."
These findings, for which AbbVie disclosed topline results in 2021, were submitted as part of the regulatory applications to the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) to treat adults with active nr-axSpA with objective signs of inflammation who have responded inadequately to nonsteroidal anti-inflammatory drugs (NSAIDs).
"Non-radiographic axial spondyloarthritis is a progressive and disabling inflammatory disease, with limited treatment options. It often affects young adults, causing spinal inflammation that leads to back pain and stiffness and can significantly decrease quality of life," said Filip Van den Bosch, M.D., SELECT-AXIS 2 investigator and professor in the Department of Rheumatology at the University Hospital of Ghent University.* "These data suggest the potential of upadacitinib to help counter inflammation, relieve pain and improve function, helping patients living with nr-axSpA take control of their disease."
In the SELECT-AXIS 2 AS bDMARD-IR study, significantly more patients achieved the primary endpoint of ASAS40 at week 14 with upadacitinib versus placebo (45 percent versus 18 percent; p<0.0001).2 Statistical significance was also achieved in all multiplicity-controlled secondary endpoints compared to placebo at week 14, including change from baseline in patient's assessment of total back pain, BASFI, ASDAS low disease activity, ASQoL, and MRI SPARCC score for spine.2
No new safety risks were identified with upadacitinib when compared with its known safety profile.1,2,3,4,5 Through week 14 in the nr-axSpA study, the proportion of patients who experienced an adverse event (AE) was similar between both treatment groups (upadacitinib at 48 percent and placebo at 46 percent).1 Serious AEs were reported in four patients on upadacitinib and in two patients on placebo.1 Through week 14 in the AS bDMARD-IR study, the proportion of patients who experienced an adverse event was also similar (upadacitinib at 41 percent and placebo at 37 percent).2 In both the nr-axSpA study and the AS bDMARD-IR study, there were no reports of malignancy, major adverse cardiovascular events, venous thromboembolic events or death in patients receiving upadacitinib.1,2
The full results for both studies will be presented at the EULAR 2022 Congress. The SELECT-AXIS 2 nr-axSpA study results will be presented in an oral presentation on 1 June, 4:35 – 4:45pm (CEST) (OP0016) and the SELECT-AXIS 2 AS bDMARD-IR study results will be presented in a poster tour on 4 June, 11:37 – 11:45am (CEST) (POS0306).
Use of upadacitinib in nr-axSpA is not approved in the U.S. or EU, and its efficacy and safety are currently under review by the respective regulatory authorities.
About the SELECT-AXIS 2 program
SELECT-AXIS 2 (NCT04169373) was conducted under a master protocol and includes two separate studies (SELECT-AXIS 2 AS bDMARD-IR study, or Study 1, and SELECT-AXIS 2 nr-axSpA study, or Study 2). AbbVie previously announced topline data showing that upadacitinib 15 mg met the primary endpoint vs placebo at week 14 in Study 1 and Study 2.
More information on the SELECT-AXIS 2 program is available at www.clinicaltrials.gov (NCT04169373).
Study 1: SELECT-AXIS 2 bDMARD-IR AS study1
A randomized, double-blind, placebo-controlled, Phase 3 trial, which evaluated the efficacy and safety of upadacitinib compared with placebo, in 420 patients with a clinical diagnosis of AS who fulfilled the modified New York criteria, had BASDAI score ≥4 and total back pain score ≥4 (based on a numerical scale of 0-10), and had an inadequate response to bDMARD therapy.
Study 2: SELECT-AXIS 2 nr-axSpA study2
A randomized, double-blind, placebo-controlled, Phase 3 trial which evaluated the efficacy and safety of upadacitinib compared with placebo, in 314 patients with a clinical diagnosis of nr-axSpA. Patients enrolled in the study had active signs of inflammation consistent with axSpA on MRI of the sacroiliac (SI) joints, and/or high sensitivity C-reactive protein (hs-CRP) >upper limit of normal (2.87 mg/L) at screening, and who had BASDAI score ≥4 and a total back pain score ≥4 (based on a numerical scale of 0-10).
*Dr. Van den Bosch is a consultant and advisor for AbbVie.
About Axial Spondyloarthritis (axSpA)
Axial spondyloarthritis is a chronic inflammatory disease that affects the spine, causing back pain, limited mobility, and structural damage.6 It consists of two subsets that have been clinically defined as radiographic axial SpA (ankylosing spondylitis) and non-radiographic axial spondyloarthritis (nr-axSpA).6 In ankylosing spondylitis, patients have definitive structural damage of the sacroiliac joints visible on x-rays.6 Non-radiographic axial spondyloarthritis is clinically defined by the absence of definitive x-ray evidence of structural damage to the sacroiliac (SI) joint by plain x-ray.6
About RINVOQ® (upadacitinib)5
Discovered and developed by AbbVie scientists, RINVOQ is a selective JAK inhibitor that is being studied in several immune-mediated inflammatory diseases. In human cellular assays, RINVOQ preferentially inhibits signaling by JAK1 or JAK1/3 with functional selectivity over cytokine receptors that signal via pairs of JAK2.5
In the EU, RINVOQ is approved for the treatment of adults with moderate to severe active rheumatoid arthritis who have responded inadequately to, or who are intolerant to one or more disease-modifying anti-rheumatic drugs; for the treatment of active psoriatic arthritis (PsA) in adult patients who have responded inadequately to, or who are intolerant to one or more DMARDs; for the treatment of active ankylosing spondylitis (AS) in adult patients who have responded inadequately to conventional therapy; and for adults (15 mg and 30 mg) and adolescents (15 mg) with moderate to severe atopic dermatitis.
Phase 3 trials of RINVOQ in atopic dermatitis, axial spondyloarthritis, Crohn's disease, ulcerative colitis, giant cell arteritis and Takayasu arteritis are ongoing.7,8,9,10,11,12 Use of RINVOQ in nr-axSpA is not approved and remains under review by regulatory authorities.
EU Indications and Important Safety Information about RINVOQ® (upadacitinib)5
Indications
Rheumatoid arthritis
RINVOQ is indicated for the treatment of moderate to severe active rheumatoid arthritis in adult patients who have responded inadequately to, or who are intolerant to one or more disease-modifying anti-rheumatic drugs (DMARDs). RINVOQ may be used as monotherapy or in combination with methotrexate.
Psoriatic arthritis
RINVOQ is indicated for the treatment of active psoriatic arthritis in adult patients who have responded inadequately to, or who are intolerant to one or more DMARDs. RINVOQ may be used as monotherapy or in combination with methotrexate.
Ankylosing spondylitis
RINVOQ is indicated for the treatment of active ankylosing spondylitis in adult patients who have responded inadequately to conventional therapy.
Atopic dermatitis
RINVOQ is indicated for the treatment of moderate to severe atopic dermatitis in adults and adolescents 12 years and older who are candidates for systemic therapy.
Important Safety Information
Contraindications
RINVOQ is contraindicated in patients hypersensitive to the active substance or to any of the excipients, in patients with active tuberculosis (TB) or active serious infections, in patients with severe hepatic impairment, and during pregnancy.
Special warnings and precautions for use
Immunosuppressive medicinal products
Use in combination with other potent immunosuppressants is not recommended.
Serious infections
Serious and sometimes fatal infections have been reported in patients receiving upadacitinib. The most frequent serious infections reported included pneumonia and cellulitis. Cases of bacterial meningitis have been reported. Among opportunistic infections, TB, multidermatomal herpes zoster, oral/esophageal candidiasis, and cryptococcosis have been reported with upadacitinib. As there is a higher incidence of infections in patients ≥65 years of age, caution should be used when treating this population.
Viral reactivation
Viral reactivation, including cases of herpes zoster, was reported in clinical studies. The risk of herpes zoster appears to be higher in Japanese patients treated with upadacitinib.
Vaccinations
The use of live, attenuated vaccines during or immediately prior to therapy is not recommended. It is recommended that patients be brought up to date with all immunizations, including prophylactic zoster vaccinations, prior to initiating upadacitinib, in agreement with current immunization guidelines.
Malignancy
The risk of malignancies, including lymphoma is increased in patients with rheumatoid arthritis (RA). Malignancies, including nonmelanoma skin cancer (NMSC), have been reported in patients treated with upadacitinib. Consider the risks and benefits of upadacitinib treatment prior to initiating therapy in patients with a known malignancy other than a successfully treated NMSC or when considering continuing upadacitinib therapy in patients who develop a malignancy.
Hematological abnormalities
Treatment should not be initiated, or should be temporarily interrupted, in patients with hematological abnormalities observed during routine patient management.
Diverticulitis
Upadacitinib should be used with caution in patients with diverticular disease and especially in patients chronically treated with concomitant medications associated with an increased risk of diverticulitis.
Cardiovascular risk
RA patients have an increased risk for cardiovascular disorders. Patients treated with upadacitinib should have risk factors (e.g., hypertension, hyperlipidemia) managed as part of usual standard of care.
Lipids
Upadacitinib treatment was associated with dose-dependent increases in lipid parameters, including total cholesterol, low-density lipoprotein cholesterol, and high-density lipoprotein cholesterol.
Hepatic transaminase elevations
Treatment with upadacitinib was associated with an increased incidence of liver enzyme elevation compared to placebo.
Venous thromboembolisms
Events of deep vein thrombosis (DVT) and pulmonary embolism (PE) have been reported in patients receiving JAK inhibitors, including upadacitinib. Upadacitinib should be used with caution in patients at high risk for DVT/PE.
Adverse reactions
The most commonly reported adverse reactions in rheumatoid arthritis, psoriatic arthritis, and ankylosing spondylitis clinical trials (≥2% of patients in at least one of the indications) with upadacitinib 15 mg were upper respiratory tract infections, blood creatine phosphokinase (CPK) increased, alanine transaminase (ALT) increased, bronchitis, nausea, cough, aspartate transaminase (AST) increased, and hypercholesterolemia.
The most commonly reported adverse reactions in atopic dermatitis trials (≥2% of patients) with upadacitinib 15 mg or 30 mg were upper respiratory tract infection, acne, herpes simplex, headache, CPK increased, cough, folliculitis, abdominal pain, nausea, neutropenia, pyrexia, and influenza. The most common serious adverse reactions were serious infections.
The safety profile of upadacitinib with long term treatment was generally similar to the safety profile during the placebo-controlled period across indications.
Overall, the safety profile observed in patients with psoriatic arthritis or active ankylosing spondylitis treated with upadacitinib 15 mg was consistent with the safety profile observed in patients with RA. In atopic dermatitis, dose-dependent increased risks of infection and herpes zoster were observed with upadacitinib. Based on limited data, there was a higher rate of overall adverse reactions with the upadacitinib 30 mg dose compared to the 15 mg dose in patients aged 65 years and older.
The safety profile for upadacitinib 15 mg in adolescents was similar to that in adults. The safety and efficacy of the 30 mg dose in adolescents are still being investigated. Dose-dependent changes in ALT increased and/or AST increased (≥ 3 x ULN), lipid parameters, CPK values (> 5 x ULN), and neutropenia (ANC < 1 x 109 cells/L) associated with upadacitinib treatment were similar to what was observed in the rheumatologic disease clinical studies.
This is not a complete summary of all safety information.
See RINVOQ full summary of product characteristics (SmPC) at www.ema.europa.eu/en.
Globally, prescribing information varies; refer to the individual country product label for complete information.
About AbbVie in Rheumatology
For more than 20 years, AbbVie has been dedicated to improving care for people living with rheumatic diseases. Our longstanding commitment to discovering and delivering transformative therapies is underscored by our pursuit of cutting-edge science that improves our understanding of promising new pathways and targets in order to help more people living with rheumatic diseases reach their treatment goals. For more information on AbbVie in rheumatology, visit https://www.abbvie.com/our-science/therapeutic-focus-areas/immunology/immunology-focus-areas/rheumatology.html.
About AbbVie
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
Forward-Looking Statements
Some statements in this news release are, or may be considered, forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "project" and similar expressions, among others, generally identify forward-looking statements. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to, failure to realize the expected benefits from AbbVie's acquisition of Allergan plc ("Allergan"), failure to promptly and effectively integrate Allergan's businesses, competition from other products, challenges to intellectual property, difficulties inherent in the research and development process, adverse litigation or government action, changes to laws and regulations applicable to our industry and the impact of public health outbreaks, epidemics or pandemics, such as COVID-19. Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie's operations is set forth in Item 1A, "Risk Factors," of AbbVie's 2021 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission, as updated by its subsequent Quarterly Reports on Form 10-Q. AbbVie undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.
References
1 Deodhar, A, et al. Efficacy and Safety of Upadacitinib in Patients with Active Non-Radiographic Axial Spondyloarthritis: a Double-Blind, Randomized, Placebo-Controlled Phase 3 Trial. EULAR 2022 Congress; 2534.
2 Van der Heijde, D, et al. Efficacy and Safety of Upadacitinib in Patients With Active Ankylosing Spondylitis Refractory to Biologic Therapy: a Double-Blind, Randomized, Placebo-Controlled Phase 3 Trial. EULAR 2022 Congress; 2518.
3 Cohen et al. Ann Rheum Dis. 2020 Oct 28;80(3):304-11.
4 Burmester et al. Rheumatol Ther. 2022;9(2):521-39.
5 RINVOQ [Summary of Product Characteristics]. AbbVie Deutschland GmbH & Co. KG; May 2022. Available at: https://www.ema.europa.eu/en/documents/product-information/rinvoq-epar-product-information_en.pdf. Accessed May 2022.
6 Deodhar AA, Understanding Axial Spondyloarthritis: A Primer for Managed Care. Am J Managed Care. 2019;25:S319-S330.
7 Evaluation of Upadacitinib in Adolescent and Adult Patients With Moderate to Severe Atopic Dermatitis (Eczema) (Measure Up 1). ClinicalTrials.gov. 2021. Available at: https://clinicaltrials.gov/ct2/show/NCT03569293. Accessed on April 1, 2022.
8 A Study to Evaluate Efficacy and Safety of Upadacitinib in Adult Participants With Axial Spondyloarthritis (SELECT-AXIS 2). ClinicalTrials.gov. 2021. Available at: https://clinicaltrials.gov/ct2/show/NCT04169373. Accessed on April 1, 2022.
9 A Study of the Efficacy and Safety of Upadacitinib (ABT-494) in Participants With Moderately to Severely Active Crohn's Disease Who Have Inadequately Responded to or Are Intolerant to Biologic Therapy. ClinicalTrials.gov. 2021. Available at: https://clinicaltrials.gov/ct2/show/NCT03345836. Accessed on April 1, 2022.
10 A Study to Evaluate the Safety and Efficacy of Upadacitinib (ABT-494) for Induction and Maintenance Therapy in Participants With Moderately to Severely Active Ulcerative Colitis (UC). ClinicalTrials.gov. 2021. Available at: https://clinicaltrials.gov/ct2/show/NCT02819635. Accessed on April 1, 2022.
11 A Study to Evaluate the Safety and Efficacy of Upadacitinib in Participants With Giant Cell Arteritis (SELECT-GCA). ClinicalTrials.gov. 2021. Available at: https://clinicaltrials.gov/ct2/show/NCT03725202. Accessed on April 1, 2022.
12 A Study to Evaluate the Efficacy and Safety of Upadacitinib in Subjects With Takayasu Arteritis (TAK) (SELECT-TAK). ClinicalTrials.gov. 2021. Available at: https://clinicaltrials.gov/ct2/show/NCT04161898. Accessed on April 1, 2022.
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SOURCE AbbVie | https://www.kxii.com/prnewswire/2022/06/01/abbvie-presents-positive-results-phase-3-select-axis-2-trials-upadacitinib-rinvoq-patients-with-axial-spondyloarthritis-eular-2022/ | 2022-06-01T15:21:23Z |
Two Pennsylvania Senate candidates become top targets at events they didn’t attend
By Dan Merica and Eric Bradner, CNN
Republican David McCormick and Democrat John Fetterman opted to skip separate events with their Senate primary opponents this weekend where they became the central targets of attacks, underscoring their statuses in their respective primary fields just six weeks before Election Day in Pennsylvania.
McCormick, the former hedge fund manager turned Senate candidate, skipped a Republican forum on Saturday outside Harrisburg, leading his opponents to attack his business dealings in China and the fact that he recently lived in Connecticut. On Sunday, Fetterman skipped a Democratic primary debate in Allentown, leaving an empty lectern on the stage and allowing his two opponents, Rep. Conor Lamb and state Rep. Malcolm Kenyatta, to attack the lieutenant governor’s fitness for the Senate.
While the events opened both McCormick and Fetterman up to unanswered and pointed attacks, they also cemented the candidates as front-runners in their respective races just weeks before the May 17 primary. Pennsylvania’s race to replace retiring Republican Sen. Pat Toomey is among the nation’s marquee contests in November’s midterm elections and could represent Democrats’ best chance of picking up a GOP-held seat.
McCormick’s chief attacker at the Republican forum was Mehmet Oz, the celebrity heart surgeon, who claimed at the conservative Pennsylvania Leadership Conference that scrutiny of McCormick’s ties to China are the reason he didn’t attend.
“I think it’s because he knew that the subject of China was going to come up,” said George Bochetto, a Philadelphia attorney also running for Senate.
Businessman Jeff Bartos, another Republican running for the nomination, zeroed in on the fact that McCormick, until recently, lived in Connecticut.
“Traffic to get from Connecticut to Harrisburg on a weekend is terrible, and I’m told that Grade A jet fuel is also expensive,” Bartos quipped.
Jess Szymanski, a McCormick spokesperson, said the candidate was “unable to attend the Saturday forum for scheduling reasons,” citing an event kicking off trout season in central Pennsylvania and additional events in the Scranton area.
While McCormick has adopted his own tough-on-China rhetoric and attempted to use his experience as an advantage, comparing his business record to former President Donald Trump, his opponents have made it their central attack against him. To date, the attacks haven’t knocked McCormick from his pedestal. Polls show him alongside Oz at the front of the GOP primary field, and McCormick’s personal wealth and the support of a super PAC largely funded by hedge fund billionaire Ken Griffin, have helped flood the airwaves.
An empty lectern
While Fetterman declined to attend Sunday’s Democratic debate, organizers — after inviting him repeatedly — did not remove his lectern, allowing Lamb and Kenyatta to use the empty place on the stage to argue that the lieutenant governor can’t answer tough questions.
Lamb said Fetterman’s decision not to attend showed he doesn’t “respect you enough to show up today,” while Kenyatta added, “If John can’t show up to talk to other Democrats about the importance of this race … who the hell really believes John is going to be able to show up and stand up and fight for our values in Washington?”
Then Kenyatta used the lectern as a prop, telling the audience that a candidate who gets attacked gets 30 seconds to respond and he wanted to give Fetterman — via his empty position — the chance.
Fetterman’s campaign announced on Friday that it would not attend on Sunday by pledging to attend three different debates later in April and May. The campaign’s main complaint was that Sunday’s contest was not televised in primetime.
“While today’s debate was seen by very few voters, John has agreed to 3 debates that will be televised in every major media market in the state, because he’s proud of his record and more than ready to talk about it,” Joe Calvello, a Fetterman spokesman, said after the contest.
Lamb and Kenyatta focused much of their attention on a 2013 incident in which Fetterman left his home, shotgun in tow, to confront what turned out to be an unarmed Black jogger, after hearing the sound of gunshots in the area and calling 911.
Fetterman has addressed the incident, writing in a Medium post shortly after he announced his Senate bid that he didn’t know the individual’s race or gender and never pointed his gun at him. He’s noted that the Sandy Hook massacre had taken place a little more than a month before and said that the jogger was going in the direction of a local elementary school.
“Profiling and the history in minority communities is a real thing,” Fetterman said in an interview with CNN last year, “so I understand why people might be concerned, but this had nothing to do with race.”
But the issue has loomed over his Senate bid and his Democratic opponents argued Sunday that the story will be a powerful attack used by Republicans if Fetterman is the party’s nominee.
“It was wrong what he did, and he skipped the debate today because he doesn’t think he has to answer for it,” said Lamb, repeating a line of attack he began on Twitter last week. “Given everything that has gone on in this country, that is fatal to his campaign.”
Kenyatta, a few minutes later, piled on: “It doesn’t matter the color of the skin of the jogger. John doesn’t have to be racist to be wrong. He was dead wrong. And now he refuses to come here, and he expects you to vote for him. That is a problem.”
Calvello responded to the debate by saying the attacks are “the kind of scrutiny that comes with being the frontrunner in the most high-profile Senate race in the country.”
“He’s faced the attacks and addressed them one by one, and he’s not just still standing — he’s still winning,” he added.
Fetterman, who already holds statewide elected office and has been the fundraising leader, has been the dominant figure in the Democratic primary, using his appeal to Democrats in western Pennsylvania and his positioning as a progressive populist with a level of national prominence. Lamb, a more moderate Democrat who has won a series of high-profile congressional races in GOP-leaning areas, has argued the lieutenant governor hasn’t been tested and will give Republicans countless attack opportunities if he is the nominee.
Lamb closed the debate by reiterating that argument.
“You deserve to have us answer your questions and be put in situations of pressure and see what we really believe. That is what you did not get from John Fetterman here today,” the congressman said. “It is unacceptable and that is how you know he is not ready for this. And I am.”
This story has been updated with comment from the McCormick campaign.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/04/two-pennsylvania-senate-candidates-become-top-targets-at-events-they-didnt-attend/ | 2022-04-04T14:29:41Z |
A smart, fun and hassle-free way to experience the best of small-farmed wines. Curated by a Master of Wine. Intelligently tailored.
LOS ANGELES, May 4, 2022 /PRNewswire/ -- Stompy, an ultra-personalized and expertly curated wine experience, is pleased to announce its official launch. Created to deliver a better wine experience accurately matched to each person's taste, Stompy employs a revolutionary taste technology that organizes the world of wine and taste perception into a succinct new system. This approach was developed by Master of Wine Stephen Wong alongside co-founder Andy Williams, a veteran of technology, branding and advertising. Each wine available at Stompy is a carefully curated celebration of organic and sustainable small-farm vineyards. Stompy brings a new level of transparency to wine buying, focusing on wine growers and winemakers who are going further to create something better for humans and the planet.
The Stompy experience makes it easy to find wine that suits anyone's taste, no matter what their level of knowledge. It departs from traditional industry wine language and introduces a more holistic way to describe how and why people like (or dislike) different wines. Initially developed on the floor of restaurants and hotels, Stompy's algorithm tracks each person's preferences for more than 900 subtle variations in wine flavor to create a detailed taste map that is unique to each person, like a fingerprint. Each wine in Stompy's curation is then measured against each person's taste map and the best-matched wines are offered up. Customers can personalize their recommended selections even further by choosing a price tier and wine style preference, as well as filtering for organic, vegan or natural wines. As each customer enjoys and rates their personalized wines, their taste map improves and evolves with their preferences.
"Our platform helps solve the part of wine most people struggle with: accurately matching their tastes to wines without first trying them. Not everyone has access to a sommelier or expert wine friend. We want to bring that same intelligence and accuracy while introducing a curation of the best of sustainable small producers," says Williams. Wong adds, "The existing system of wine buying and categorization is universally objective and driven by discrete attributes, which is not the way the majority of people experience wine. Stompy aims to reimagine that system and implement one that is fluid, subjective and opens up a whole new world of rewarding, soulful and beautiful wine experiences for each individual."
Customers can experience Stompy's expertly curated and eco-responsible wines through a flexible subscription or through a one-time order anytime, with new wines being added to the website regularly. Stompy guarantees it can match people accurately to wine, and if a customer doesn't love one of their choices, Stompy will refund the bottle.
At its core, Stompy makes better, ethical, harder-to-find wine more accessible to the public by combining expert curation with taste-mapping technology to create a personalized wine experience tailored to each person's palate. Stompy truly believes that everyone deserves a great bottle, every time.
About Stompy
Stompy is a new way to discover wine that accurately matches palates with (better) wines. It cuts through the hassle and confusion of wine buying with pioneering taste technology, expert curation and a hassle-free subscription. This new approach to wine allows anyone to consistently experience great wine made by sustainable small-farm producers. Stompy was founded in 2020 by college friends Stephen Wong MW, a leading expert in wine innovation, and Andy Williams, a veteran of technology, branding and advertising. With Stompy, you always know where, by whom and how your wine was made. For more information, please visit www.stompy.co.
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SOURCE Stompy | https://www.wibw.com/prnewswire/2022/05/04/introducing-stompy-better-wine-subscription-built-your-taste/ | 2022-05-04T17:10:59Z |
INDIANAPOLIS (WTTV) – Glass baby bottles are being recalled because they violate the United States federal lead content ban.
The Consumer Product Safety Commission said the recall involves NUK-branded First Choice glass baby bottles. They have a latex nipple intended for children 0-6 months old. The brand name NUK is in white lettering, a graduated volume scale in white markings, and white and gray stars are on the outside of the bottle.
The recall was initiated because the glass bottle’s outside markings contain lead levels that exceed the U.S. federal lead content ban.
The CPSC said lead is toxic if ingested by young children. It can cause adverse health issues such as:
- Damage to the brain and nervous system
- Slowed growth and development
- Learning and behavior problems
- Hearing and speech problems
Children who experience these adverse effects can have a lower IQ, decreased ability to pay attention, and underperformance in school. The CDC said there is also evidence that childhood exposure to lead can cause long-term harm.
Recall highlights differences in lead regulations
The CPSC said the recalled baby bottles were manufactured for the UK market. They were not intended for sale in the United States. However, they were unintentionally sold to people in the U.S. and Canada through the Amazon.com third-party seller Astir Care.
NUK said they rigorously and routinely test their products for consumer safety and are in compliance with industry standards set by different global regions. However, the U.S. and UK regulate lead content differently.
In the UK, where the bottles were intended for sale, they test and regulate for lead migration. This means they test to make sure the lead stays put on the bottle, that it does not leach and cannot be absorbed during use. In the U.S., however, they test and regulate for overall lead content levels on the bottle.
What to do if you have the recalled bottle?
NUK encourages U.S. consumers who bought the recalled bottle to immediately stop using it. After verifying that the bottle is part of the recall, they can send it back to NUK for a full refund.
NUK says people can verify it is included in the recall if it meets all the following requirements
- The bottle is GLASS and NOT plastic
- The bottle was purchased exclusively through Amazon.com
- The bottle’s outside markings are white and gray stars
- The NUK name is in white lettering
- The nipple is latex
- Volume size is 240 mL (approx. 8 ounces)
After verifying that the bottle is included in the recall, people can complete a form on NUK’s website. They will get a return mailer so they can return their bottle to NUK. Once NUK gets the bottle and verifies that it is included, a refund check will be sent out.
NUK says people can expect up to four weeks to get the return mailer. Once the bottle is returned, it can take 12-16 weeks to get a refund. | https://cw33.com/news/nexstar-media-wire/recalled-baby-bottles-violate-federal-lead-content-ban/ | 2022-07-28T22:40:22Z |
Indiana's Republican attorney general said Thursday that authorities in his state are investigating -- for potential failure to report child abuse -- a doctor who said she recently helped a 10-year-old rape victim from Ohio obtain an abortion in Indiana, even as the attack already had been reported by the girl's mother and Ohio police were investigating.
Attorney General Todd Rokita first made the announcement Wednesday on Fox News.
Dr. Caitlin Bernard, an Indianapolis-based Ob-Gyn, told CNN earlier this month that she helped the girl after Ohio banned abortion as early as six weeks of gestation following the US Supreme Court's ruling that overturned Roe v. Wade. The young girl was raped in early May and police in Columbus were first alerted of her pregnancy on June 22, according to police documents and court testimony. A little more than a week later, the girl underwent an abortion in Indiana.
In a statement Thursday, Rokita said he's investigating whether Bernard reported the abortion and abuse, as is required under Indiana law.
"The failure to do so constitutes a crime in Indiana, and her behavior could also affect her licensure. Additionally, if a HIPAA violation did occur, that may affect next steps as well. I will not relent in the pursuit of the truth," Rokita said in the statement.
HIPAA -- or the Health Insurance Portability and Accountability Act -- sets privacy standards for protecting patients' personal medical information.
CNN has reached out to Bernard and the attorneys general of Indiana and Ohio for comment.
A Columbus, Ohio, man was charged this week with raping the girl, according to court proceedings CNN obtained through affiliate WBNS.
Gerson Fuentes, 27, was arrested Tuesday, according to Columbus police and court documents. He has been charged with felony rape of a minor under age 13, according to the Franklin County Municipal Court. Fuentes is being held on $2 million bond following his first court appearance Wednesday, according to the court. CNN has reached out to his attorney for comment.
The case has attracted international attention. Bernard told CNN in early July she helped the Ohio girl obtain an abortion in Indiana after she was contacted by a child abuse doctor in neighboring Ohio. The girl was six weeks and three days into the pregnancy, the doctor said July 4.
US political officials since then have referenced those details, with some Democrats pointing to it as a consequence of the Supreme Court's landmark ruling, while some Republicans expressed doubt about the case or whether the girl even existed.
Fuentes confessed to police Tuesday he raped the young girl at least twice, Det. Jeffrey Huhn testified Wednesday at Fuentes' arraignment. He "spoke with us and admitted to having vaginal intercourse with the victim on no less than two occasions" and then was arrested, he said.
Police first were alerted to the child's pregnancy in late June through a referral by a local children's services department that was made by the 10-year-old's mother, Huhn testified. The incident reported to police happened May 12, according to a police affidavit. Columbus police were notified of it June 22 and began their investigation that day.
The girl underwent a medical abortion in Indianapolis on June 30, Huhn testified.
The girl on July 6 identified Fuentes as her assailant, and police on Tuesday with a search warrant obtained a swab of Fuentes' saliva DNA, the affidavit states. Fuentes that day went to police headquarters for questioning where he confessed to raping the minor, it says.
DNA from the Indianapolis clinic was being tested against samples from Fuentes and the child's siblings, the detective said.
Fuentes' next court appearance is July 22, court documents show. He is an undocumented immigrant, a US Immigration and Customs Enforcement spokesperson confirmed to CNN.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/indianas-republican-ag-says-hes-investigating-doctor-who-helped-10-year-old-rape-victim-get/article_15b6d581-6cac-59f5-8620-1a2735e3cdde.html | 2022-07-14T21:49:47Z |
Brand to celebrate new designs by Antenna Design, Marc Newson, Dan Grabowski, Piero Lissoni
EAST GREENVILLE, Pa., June 6, 2022 /PRNewswire/ -- Knoll will present Welcoming Spaces for Work Anywhere at the first MillerKnoll Design Days that will take place in Chicago from June 13–15. At 811 W. Fulton Market, Knoll will introduce designs by Antenna Design, Dan Grabowski, Piero Lissoni and Marc Newson.
The Welcoming Spaces Showroom will feature a variety of settings for hybrid work that support connection, forge culture and foster collaboration—all illustrating the power of hospitality in today's workplace.
The Fulton Market Space will showcase brands from the MillerKnoll collective, including Knoll furnishings and accessories; DatesWeiser conference room furniture; Spinneybeck and FilzFelt architectural and acoustic materials; KnollTextiles fabrics, wallcoverings and drapery; and Muuto furniture and accessories.
Alana Stevens, Knoll Brand President stated, "As companies have embraced hybrid work solutions, the communal vibrancy of a welcoming workplace is more important than ever."
As companies return to the workplace after more than two years of work-from-home and limited time in the office, they need to plan for a successful hybrid experience, with products that blur the lines between office and home, with solutions for remote, hybrid and resident workers.
Successful hybrid work environments offer people a holistic experience, leverage technology to connect people across locations—remote and in person—and provide a place where people come together to collaborate with a sense of purpose, freedom and fulfillment at work.
Ms. Stevens added, "now that people can work from anywhere, companies are realizing the importance of creating a space that creates connectivity and community across the workplace ecosystem."
The Fulton Market space displays how the value of offering people a fluid and equitable experience, and places for in-person interaction to complement remote work —from getaway spaces to shared areas for teams and groups to "physgital" meeting spaces— enables organizations' success throughout the workplace ecosystem, from work in the office to work from home and anywhere in between.
Introducing the Newson Task Chair
The first step to greatness is sitting down. From the trailblazing design Marc Newson, Newson Task is ready to take you to the next level—just take a seat. The chair features an organic, fluid design that's packed with sophisticated hidden technology and a level of luxe material refinement. A quiet confidence creates an interesting duality: the ability to stand out as a statement piece or blend into its surroundings.
Antenna® Workspace Enhancements
Design Days 2022 will showcase enhancements to Antenna Workspaces, which captures the energy of people coming together with the best technology, furniture, and spaces for their work.
- Hybrid Storage pairs wood shelves with sleek steel side panels in a lean footprint, allowing ample storage capacity and options for integrated cable management.
- Antenna Power Beam expands on the center beam at the heart of the Antenna Workspaces Big Table. By decoupling worksurfaces from the power structure, Power Beam enables flexibility and agility, providing maximum performance in a minimal footprint.
New Office Collection Designed by Dan Grabowski
Work continues to evolve and, with this collection, the private office keeps pace, reflecting new approaches to planning and timeless aesthetic. It pairs streamlined design with a refined scope of thoughtful product features, including a new approach to managing technology, all the while maintaining Knoll's tradition of sustainable wood craftsmanship and design flexibility.
The collection, designed primarily for private offices but also for the shared spaces that often adjoin them, features a slim profile with thin surfaces and beveled edges in all the right places. It has a refreshing lightness of scale and proportion, and it features honest materials that are the hallmarks of modernism—wood, glass, and more. The collection has individual, scalable components fit for private or open spaces of any size, from modest to expansive. Through this refined design, it delivers a unique pairing of wood craftsmanship with the latest design and features found in today's signature workspaces.
Dividends Horizon® Enhancements
Dividends Horizon remains a solid, go-to panel-based solution for space delineation and power distribution.
- Dividends Horizon Elevated Spine. Accessibly-priced elevated spine with ample power and data capabilities for flexible planning with freestanding elements in the open plan. Available with two planning horizons and a broad scope of material options.
Quoin™ Storage Additions
Quoin offers streamlined metal solutions for individual and group storage needs and plans for the total workplace. An innovative cantilever shelf support system allows for a clean aesthetic in open and enclosed units, with no visible adjustment holes.
- Credenza. Shallow 15" depth, low 1H elevation and options for tray tops and new configurations
- Pull Options. New rubber grommet pull option offers a more casual and playful aesthetic.
Inlet Screens
These lightweight, moveable screens, designed by Dan Grabowski, define space while providing visual privacy and acoustic dampening. Available in two finishes with markerboard and novel porthole options.
KN Collection Additions
Milan-based designer Piero Lissoni has a thirty-year history in the fields of architecture, landscape, interiors, product and graphic design—with the human experience at the center of his work. His growing body of work with Knoll is characterized by its elegance, attention to proportion and exquisite detailing. His KN Collection of seating for Knoll complements a range of spaces – from collaborative meetings to individual refuge – with elevated detailing and comfort. New arm and armless side chairs, KN06 and KN07, are available fully upholstered in selected textiles and Spinneybeck leathers, with painted or polished aluminum metal legs.
KnollTextiles celebrates its 75th anniversary by introducing The Heritage Collection: eight archive-inspired textiles that continue to evolve the modernist tradition by combining the best archival design with next-generation technology. KnollTextiles will preview the collection along with an exhibit of corresponding archival fabrics. Also on display are the performance-oriented Focus and Pattern Play Collections. The Focus Collection is subtly evocative of details from nature with performance upholstery, drapery, privacy fabric and wallcoverings that range from graphic to gestural in a palette of sophisticated modern neutrals. The Pattern Play Collection offers vibrant upholstery and color combinations and wallcovering with unexpected design elements. The lively patterns exude a sense of optimism while inviting visual and tactile exploration.
For this year's Design Days, Muuto is inviting visitors to explore their immersive space to ask themselves:
What makes a space feel just right to me?
Recognizing that there is more to design than meets the eye, Muuto is investigating what design can do to make us feel more at ease, focused and grounded in our surroundings. Everyone experiences design in vastly different ways—what deeply resonates with you might not with someone else. Take a walk through their showroom on the 5th floor and reflect on five key elements that help make a space feel just right—light, color, tactility, nature and form.
With forward-looking materials, techniques and bold creative thinking, Muuto shares their latest new perspectives on Scandinavian design.
New Linear System Series
The Linear System Series, designed by Thomas Bentzen, brings a warm, hospitable oak expression to the evolving needs of the modern workspace, hospitality settings and educational institutions. Its configurable design—tables, lighting, screens and trays—alongside its custom integrated power solution, allows one to tailor the design to the exact needs of any space. Choose between 3 pre-configurations or configure your own.
New Linear Steel Series Addition
The Linear Steel Chair offers a new perspective on modern outdoor furniture with its clean lines, half-circular intersecting legs, and a smoothly curved backrest for an enveloping comfort. The small spacing allows for easy removal of water. Available with or without arms, in four colors.
Connect Soft Modular Sofa
Designed by Andersson & Voll, the Connect Soft Modular Sofa brings together elegant proportions and deeply inviting comfort. With its slimmer profile and softer seat than the original Connect Sofa, the Connect Soft is ideal for hospitality and residential settings. Choose between 9 pre-configurations or create your own.
Introducing Oslo Lounge Chair (Available in Q3 2022)
Marrying its compact design with comfort and elegance, the Oslo Lounge Chair by Andersson & Voll offers an embracing and dynamic seat with a classic, yet distinctly contemporary expression. The combination of sculptural qualities and functional design makes it an ideal piece for public spaces. Available with either a Tube or Swivel base.
Introducing Sketch Toolbox (Available in Q3 2022)
Cast in one monolithic piece with a handle for portability, the Sketch Toolbox, designed by Thomas Bentzen, is a friendly companion for daily life in the nomadic workplace. The versatile toolbox is manufactured in Denmark using a minimum of 91% recycled plastic.
A New addition to the Fiber Chair Family (Available in Q3 2022)
The Fiber Conference Chair's wider, cushioned seat make it ideal for conference or hospitality settings. Its interior shell is made of 99% recycled plastic, while its spacious seat and embracing curves are fully upholstered with a soft, fixed cushion for maximum comfort. Choose from 6 swivel bases. Designed by Iskos Berlin
A globally recognized leader in modern design and the founding sponsor of the World Monuments Fund Modernism at Risk program, Knoll uses modern design to create places people love to be. Our commitment to modern design and ongoing dialogue with designers and customers has yielded a timeless collection of pioneering products for high-performance workplaces, work-from-home settings, and luxury residential interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian's Cooper-Hewitt, National Design Museum, Knoll has championed sustainable practices in manufacturing and can help organizations meet their sustainability goals.
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SOURCE Knoll | https://www.mysuncoast.com/prnewswire/2022/06/06/knoll-showcase-welcoming-spaces-work-anywhere-millerknoll-design-days-2022/ | 2022-06-06T17:16:40Z |
With Three-Year Revenue Growth of 2,983% Percent, Qonkur Media Receives Ranking No. 173 Among America's Fastest-Growing Private Companies
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Today, Inc. revealed that Qonkur Media is No. 173 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"Being named to this prestigious list means Qonkur Media is now part of a very exclusive community that consists of some of the most successful and renowned companies in the world," said Mike Berro, CEO and Founder at Qonkur. "Our incredible growth during difficult economic times has been made possible by our amazing team, and I take this opportunity to congratulate the entire Qonkur family on this momentous achievement."
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
"We're confident that this is the first of many. Qonkur's No.15 ranking in Advertising & Marketing moves us closer to dominating the industry," said Berro.
Qonkur is no stranger to the ranks. This list officially places them as the fastest-growing Cannabis Agency in America. They represent clients in over 10 states and have delivered billions of everlasting impressions for their clients.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
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SOURCE QONKUR MEDIA GROUP LLC | https://www.wibw.com/prnewswire/2022/08/19/qonkur-media-ranks-no-173-2022-inc-5000-annual-list/ | 2022-08-19T13:07:42Z |
Britney Spears has posted an open letter to her sons.
The Grammy winner took to Instagram on Thursday and responded to an interview her son, Jayden Federline, 15, gave for an upcoming British ITV documentary about the Federline family.
Britney Spears has posted an open letter to her sons.
The Grammy winner took to Instagram on Thursday and responded to an interview her son, Jayden Federline, 15, gave for an upcoming British ITV documentary about the Federline family.
The documentary has been previewed by the British newspaper the DailyMail, and an article about the interview was written by the filmmaker, Daphne Barak for the tabloid. Photos of the Federline family, including with their father, Kevin, and other family members are shown, including Spears' other son, Sean Preston, 16.
In the article, Barak writes,"They are both handsome, creative and curious about what life might offer them."
Jayden Federline reportedly said that despite choosing to not see his mother for several months, he hopes time will heal their family.
"I love you a lot," Jayden Federline said of his mother. "I hope for the best for you. Maybe one day we can sit down like this and talk again."
In Spears' post, she wrote, "I say to my son Jayden that I send all the love in the world to you every day for the rest of my life !!!! My love for my children has no boundaries."
Federline reportedly addressed the challenges both he and his older brother, who did not do an on-camera interview for the documentary, have felt in recent years.
"We've both been through so much pressure in the past that this is our safe place now, to process all the emotional trauma we've been through to heal, heal our mental state," Federline reportedly said in the documentary.
Spears seemed to respond to those specific comments in her post, writing, "It deeply saddens me to know his outcry of saying I wasn't up to his expectations of a mother."
Spears also took issue with her son defending their father, Kevin Federline, and her parents, Jamie and Lynne Spears.
Spears' Instagram post comes days after the star posted and then made private a 22-minute audio clip on YouTube in which she addressed her conservatorship and the alleged abuse she says she was put through by her family.
CNN has reached out to Spears' representatives for further comment.
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™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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A receipt was sent to your email. | https://www.albanyherald.com/entertainment/britney-spears-responds-to-sons-comments-on-her-mental-health-and-conservatorship/article_b5d84d47-2551-5cdc-8453-23a84ff8e7ae.html | 2022-09-02T19:43:02Z |
Through pilot program, company is working to create 225 pollinator-friendly acres by 2025
AKRON, Ohio, June 17, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is on track to exceed its goal of developing 225 acres of pollinator habitat across its service territory by 2025, including the creation of new habitat in transmission right of ways, at its utility substation properties and at parks and nature preserves. After beginning with a pilot program in 2020, the company has expanded the initiative within its service territory and is on pace to reach nearly 190 pollinator-friendly acres by the end of third quarter in 2022.
Insects and small animals that pollinate plants, such as birds, bats, bees, butterflies and beetles, help to sustain ecosystems. By helping plants reproduce, they play a vital role in producing natural resources such as fruits and vegetables, preventing soil erosion and increasing carbon sequestration.
Many pollinator populations are in decline due to a loss in feeding and nesting habitats, according to Pollinator Partnership, a nonprofit organization dedicated to the protection and promotion of pollinators and their ecosystems. The organization initiated and manages Pollinator Week, an annual celebration in support of pollinator health that runs from June 20-26 this year.
In early 2020, FirstEnergy's transmission vegetation management group established a pilot program to find opportunities to restore work areas following transmission construction projects with flowering vegetation to develop a pollinator-friendly habitat. The company worked with a horticulturist in Meadville, Pennsylvania, to develop two seed mixes with more than 20 flowering species which are native throughout the six states in which FirstEnergy operates. One of the mixes contains added grasses that will help it take root along steep slopes, and both mixes can be used across the company's service territory.
FirstEnergy's 2022 plans include the development of 90 pollinator-friendly acres by the end of the third quarter. In April, the company seeded 28 acres at a substation property in Potomac Edison's service territory in the Eastern Panhandle of West Virginia, and in May the company seeded an additional 25 acres at a new transmission substation and line in Trumbull County, Ohio, as well as 14 acres at a substation in southwestern Pennsylvania. The company is also conducting follow-up site inspections and examining best practices for pollinator cultivation after seeding, including invasive species prevention and strategic mowing to promote native pollinator species.
"Environmental stewardship is a key part of our company's mission, and with this initiative, we are taking steps to increase biodiversity through the responsible replacement of vegetation and supporting the creation of pollinator habitats across our service territory," said Michael Haines, supervisor of transmission construction vegetation management, who is managing the program.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com and on Twitter @FirstEnergyCorp.
Editor's Note: Photos of pollinator habitat developed by FirstEnergy are available for download on Flickr
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SOURCE FirstEnergy Corp. | https://www.mysuncoast.com/prnewswire/2022/06/17/firstenergy-pace-exceed-pollinator-habitat-development-goal/ | 2022-06-17T14:38:43Z |
NEW YORK, June 16, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Spero Therapeutics, Inc. ("Spero" or the "Company") (NASDAQ: SPRO) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Spero investors who were adversely affected by alleged securities fraud between October 28, 2021 and May 2, 2022. Follow the link below to get more information and be contacted by a member of our team:
SPRO 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) the data submitted in support of the New Drug Application ("NDA") for the Company's product candidate, Tebipenem HBr, were insufficient to obtain approval from the U.S. Food and Drug Administration ("FDA"); (ii) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (iii) the foregoing would necessitate a significant workforce reduction and restructuring of Spero's operations; 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 Spero during the relevant time frame, you have until July 25, 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.kxii.com/prnewswire/2022/06/16/spro-lawsuit-alert-levi-amp-korsinsky-notifies-spero-therapeutics-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-16T10:32:36Z |
TAIPEI, Sept. 5, 2022 /PRNewswire/ -- Delta Electronics, a global leader in power and thermal management, and smart energy-saving solutions, won the 2022 AUSTRALIA-TAIWAN Business Partnership Award at the annual ANZCham Business Awards in Taipei, Taiwan for its significant contribution to business in Australia and deep partnerships with local Australian firms.
Since its establishment in 1996, Delta Electronics (Australia) Pty Ltd has built a solid market presence with a comprehensive product portfolio and local service network. Today, the company is rapidly expanding its solutions for mission critical infrastructure, industrial automation and the renewable energy market including energy storage and EV charging. Delta Australia has offices in Sydney and Melbourne and 60+ employees.
Mr. Victor Cheng, Delta's Senior Vice President and General Manager of ICTBG (Information & Communication Technology Business Group), represented Delta to accept the prestigious award. He emphasized, "Delta is honoured to win the 2022 AUSTRALIA-TAIWAN Business Partnership Award. As climate change continues to impact the planet, we welcome collaboration with local and global partners who share our passion for energy efficiency and commitment to sustainable energy transition. Delta will continue leveraging our global R&D capability and experience to support our Australian partners."
Country Manager for Delta Electronics (Australia), Mr. David Leal, was excited at winning this award celebrating Delta Australia's partnerships.
He stated, "The 2022 AUSTRALIA-TAIWAN Business Partnership Award is a recognition of the strong partnerships that Delta has built in Australia. With over 20 years of outstanding growth in Australia, Delta has forged mutually beneficial relationships with many Australian companies in a broad range of industries including Australia Post, Sydney Trains, EVO Power, NHP, and Australia's fastest growing hyperscale Data Centre company. These partnerships have been built on the back of Delta's commitment to innovation in smart and energy-efficient solutions for the Australian market."
In Australia, Delta continues to work with all the major Australian telecom companies to develop industry-leading power solutions to increase telecommunication network resilience countrywide. Delta has also in more recent years focused on large high-efficiency power and cooling solutions to support the expansion of the Data Centre industry throughout Australia and across the APAC region.
Delta's passion for energy efficiency and innovation continues to enrich its partnerships with Australian businesses day to day. With more the 70 R&D centres and over 9,000 R&D engineers worldwide, Delta is able to provide some of the most energy-efficient power products such as telecom power with up to 98% efficiency that alone has helped global customers save over 390 million kWh of electricity in the past 5 years.
About Delta
Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.
Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 11 consecutive years. In 2021, Delta was also recognized by CDP with leadership level ratings for its substantial contribution to climate change and water security issues and named Supplier Engagement Leader for its continuous development of a sustainable value chain.
For detailed information about Delta, please visit: www.deltaww.com
About Delta Electronics (Australia) Pty Ltd
Delta Electronics (Australia) Pty Ltd is a subsidiary of Delta Electronics (Thailand) PCL. As a Delta Group company, Delta Australia is committed to its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow". Delta Group is a global producer of power and thermal management products and solutions, which is supported by sales offices worldwide and by R&D centres and manufacturing facilities in Taiwan, China, USA, Europe, Thailand, Japan, Singapore, India, Mexico, and Brazil.
Delta's business categories include Power Electronics, Automation, and Infrastructure. In Australia, Delta is rapidly expanding into solutions for Electric Vehicle Chargers, Renewable Energy Solutions, Energy Storage, Industrial Automation, Power Quality, and Data Centre.
To find out more about Delta Australia please visit: www.deltaelectronics.com.au
About ANZCham Business Awards
The Australia and New Zealand Business Association (ANZBA) was formed in 1991 to represent Australians and New Zealanders doing business in Taiwan and to complement other organizations promoting trade, investment, and general relations among the three nations. The ANZCham Business Awards were presented for the first time in 2005, designed to recognize companies that have made a significant contribution to business between Australia, New Zealand and Taiwan.
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SOURCE Delta Electronics | https://www.mysuncoast.com/prnewswire/2022/09/05/delta-electronics-wins-2022-australia-taiwan-business-partnership-award-anzcham-taipei/ | 2022-09-05T09:33:36Z |
New hire brings nearly 20 years of experience scaling business growth, driving efficiency, and maximizing business value
SUNNYVALE, Calif., Sept. 15, 2022 /PRNewswire/ -- Playvox, the leading provider of Workforce Engagement Management solutions for the digital-first and CRM-centric contact center, today announced Andrew Kaufman as its new Chief Financial Officer (CFO). He reports directly to Louis Bucciarelli, Chief Executive Officer of Playvox.
"Andrew possesses an extensive background in software, professional services and cybersecurity; he has been leading and helping high-growth organizations reach their financial, operational and strategic objectives for more than 18 years," said Louis Bucciarelli, Chief Executive Officer of Playvox. "Andrew's accomplishments driving scalable business growth, maximizing efficiency, and accelerating business value made him the ideal candidate for the role."
Most recently, Kaufman served as CFO of Critical Start, a Managed Detection & Response service provider, during a period of 400+% growth, where he helped lead the effort in securing a $215M growth investment from Vista Equity Partners. Prior to this, Kaufman served as CFO of STRAIT Capital (now Sanne Group), a leading global fund services provider. He also held other senior leadership roles at Armor Cybersecurity, PeopleMatter, and Aprima Medical Software.
"Playvox has an incredible history and trajectory. Since its inception 10 years ago, it has taken the contact center space by storm, transforming customer care by helping customers unlock the full potential in every employee and every interaction," said Andrew Kaufman, Chief Financial Officer of Playvox. "I am thrilled and humbled to collaborate with the leadership team and colleagues to further Playvox's mission to build software and relationships that power operational excellence in service teams globally."
Kaufman earned a BS in business management from the University of Missouri and a master's in business administration from Southern Methodist University. He is also a licensed CPA in the state of South Carolina.
Web: https://www.playvox.com
Blog: https://blog.playvox.com
Twitter: @playvoxcx
LinkedIn: https://www.linkedin.com/company/playvox
Facebook: https://www.facebook.com/playvox
Instagram: https://www.instagram.com/playvox.cx
Playvox's powerfully simple Workforce Engagement Management solutions transform customer care. We understand that exceptional employee engagement produces extraordinary customer experiences, and we love creating solutions that help our customers unlock the full potential in every employee and every interaction. Playvox powers the world's fastest-growing brands and proudly serves expanding digital experience pioneers such as Noom, NuBank, SoFi, Stitch Fix, Twitter and Zendesk. Our agent-empowering suite of scheduling, performance, learning, quality feedback and gamification lives seamlessly in the modern support operations ecosystem with platforms like Amazon Connect, Kustomer, Salesforce, Slack, and Zendesk.
For more information:
media@playvox.com
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SOURCE Playvox | https://www.kxii.com/prnewswire/2022/09/15/playvox-appoints-andrew-kaufman-chief-financial-officer/ | 2022-09-15T13:29:19Z |
...A strong thunderstorm will impact portions of southwestern
Dougherty, northeastern Mitchell and northeastern Baker Counties
through 530 PM EDT...
At 423 PM EDT, Doppler radar was tracking a strong thunderstorm near
Baconton, or 7 miles southeast of Putney, moving west at 15 mph.
HAZARD...Winds in excess of 40 mph and pea size hail.
SOURCE...Radar indicated.
IMPACT...Gusty winds could knock down tree limbs and blow around
unsecured objects. Minor damage to outdoor objects is
possible.
Locations impacted include...
Newton, Baconton, Lester, Flint, Freeman, Red Store Crossroads and
Greenough.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
If outdoors, consider seeking shelter inside a building.
Torrential rainfall is also occurring with this storm and may lead to
localized flooding. Do not drive your vehicle through flooded
roadways.
&&
MAX HAIL SIZE...0.25 IN;
MAX WIND GUST...40 MPH
Once again, the Democrats have come through for working and retired people. Thanks for passing the Inflation Reduction Act. It’s interesting how this bill will include everyone, even the Republican constituents whose party voted against along party lines. They’ll be first in line to receive the benefits. I don’t understand voting against your own interests.
The power of the Squawkbox is amazing. Not long after I complained about the left-hand salute in the Camp Lejeune lawyer ad, I noticed that it was eliminated in further commercials. No need to thank me.
I read the letter Mr. King wrote about his healthy eating habits. I couldn’t agree more. Most of our “medical issues” are a direct result of a poor, highly-processed, sugary diet. I was, however, reminded of a line from one of my favorite movies, “Moonstruck,” when Rose tells Cosmo: “No matter what you do, you’re still gonna die.”
It seems that when Democrats propose a new spending bill, they come up with a name that is the opposite of what the bill does. For example, the “Inflation Reduction Act” should really be called the “Spend more money we don’t have, raise your taxes and super-size the IRS Act.”
Fletcher, what do you call 25 attorneys buried up to their chins in cement? Not enough cement.
Now you are out of the closet, stripped off your hoods and robes and have donned your brown shirts and colorful arm bands. CPAC is holding its annual strategy meeting headlined by Viktor Orban, Trump and Bannon in Houston. The agenda for the meeting? Race-based, focused on “We will not be replaced.” Where have we seen and heard this before?
The only ones doing well playing the market these days are the ones utilizing insider information. So we know about you squawker.
You want to understand how the blue-collar Republicans are led/bamboozled by the elite in their party? They talk about tax increases in the Inflation Reduction Act as if it will impact them, but the only ones who will see an increase in taxes are the super wealthy. Try thinking for yourself, and quit being a tool for the wealthy.
Those that choose to disrespect our flag have never been handed a folded one.
Republican Congressman Andy Biggs called for defunding the FBI and DOJ. He wants to impeach judges who render rulings he doesn’t like. I can’t wait for Republicans to attack him like they attacked Stacey Abrams. They won’t because they’re hypocrites who only care about having power and will use any lie to make that happen. The Equality Man
Give Kelly Loeffler some credit. How many multimillionaire/billionaires would be out mixing with the rabble in order to hold on to their political agenda? You think Brian Kemp would ever get his hands dirty like that? David Perdue? David Shafer? At least she’s willing to work.
Never fails. Democrats love to raise taxes on the poor and middle class for their Utopian dreams. The green dream spending is laughable because at the same time China, the world’s biggest polluter, is building aircraft carriers and expanding coal mining. The Patriot
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
According to the July jobs report, employment is back to pre-pandemic levels. Read more about the report here!
This poll is not scientific - results reflect the opinions of respondents. | https://www.albanyherald.com/features/squawkbox/article_83049970-172c-11ed-8bf4-0fc6ad15c106.html | 2022-08-08T21:12:39Z |
Strategic Acquisition Creates a Vertically Integrated Omnichannel Platform for Aftermarket Automotive Parts and Accessories
GREENWOOD VILLAGE, Colo. and COMPTON, Calif., June 16, 2022 /PRNewswire/ -- Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and in partnership with management, today announced it has entered into a definitive agreement to acquire Transamerican Auto Parts ("TAP" or "the Company") from Polaris Inc. (NYSE: PII), the global leader in powersports. TAP is a vertically integrated manufacturer, distributor, retailer and installer of off-road Jeep and light truck parts and accessories. In 2021, TAP generated nearly $760 million in revenue.
"We are thrilled to combine with TAP and build a vertically integrated omnichannel platform for aftermarket automotive enhancements across a wide range of vehicles," said Randy White, Co-Founder and CEO, and Brian Henderson, Chief Strategy Officer, at Wheel Pros. "TAP's extensive product portfolio, proprietary brands, manufacturing capabilities, and omnichannel platform have resulted in an automotive and off-roading enthusiast following that we have long admired. We look forward to working with the TAP team as we undertake new initiatives to accelerate the growth of the combined business and continue to drive value for our customers, suppliers, and partners."
Headquartered in Compton, California, TAP sells and installs an extensive line of parts and accessories for Jeep and truck enthusiasts, including products manufactured under its six proprietary aftermarket brands: SMITTYBILT®, PRO COMP®, RUBICON EXPRESS, POISON SPYDER™, G2™, and 4WP FACTORY. TAP's omnichannel platform operates under the 4 WHEEL PARTS brand, and serves automotive and off-roading enthusiasts through retail, eCommerce, and wholesale. The Company has a growing online presence via 4WheelParts.com and 4WD.com, and TAP's integrated platform enables buy online, pick-up, and install in store.
"TAP is a scaled player in the aftermarket automotive industry, and the combination with Wheel Pros creates a vertically integrated omnichannel platform that better serves automotive and off-roading enthusiasts," said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner, at Clearlake. "We look forward to continuing to leverage our O.P.S.® framework in partnership with the Wheel Pros team to drive both organic and inorganic growth as the company builds upon its position as a premier automotive aftermarket enthusiast platform."
"With this combination, we have brought together two well-known businesses in the automotive aftermarket industry," said Dilshat Erkin, Senior Vice President at Clearlake. "We are excited to welcome the TAP team to the Wheel Pros organization and continue to support the combined business as they embark on new innovative projects to accelerate growth."
The transaction is expected to close early in the third quarter, subject to customary closing conditions. Baird acted as financial advisor to Polaris in connection with the transaction. Kirkland & Ellis LLP served as legal counsel to Wheel Pros and Clearlake.
Founded in 1995, Wheel Pros serves the automotive enthusiast industry with a wide selection of vehicle enhancements from its portfolio of lifestyle brands, including Fuel-Off-Road, American Racing, KMC, Rotiform and Black Rhino. Utilizing its expanding global network of distribution centers spanning North America, Australia and Europe, Wheel Pros serves over 13,500 retailers and has a growing ecommerce presence to provide enthusiast consumers with access to the products they desire. More information is available at www.wheelpros.com.
TAP sells and installs an extensive line of parts and accessories for Jeep and truck enthusiasts, including products manufactured under its six proprietary aftermarket brands: SMITTYBILT®, PRO COMP®, RUBICON EXPRESS, POISON SPYDER™, G2™, and 4WP FACTORY. TAP's omnichannel platform operates under the 4 WHEEL PARTS brand, and serves automotive and off-roading enthusiasts through retail, eCommerce, and wholesale. More information is available at www.transamericanautoparts.com.
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are technology, industrials, and consumer. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.
Contact
For Wheel Pros:
Max Krapff
Backbone Media
970.658.5252 ext. 1174
max.krapff@backbone.media
For Clearlake:
Jennifer Hurson
Lambert & Co.
+1 845-507-0571
jhurson@lambert.com
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SOURCE Wheel Pros; Clearlake Capital | https://www.mysuncoast.com/prnewswire/2022/06/16/clearlake-capital-backed-wheel-pros-agrees-acquire-transamerican-auto-parts-polaris/ | 2022-06-16T21:48:05Z |
2-year-old dies after falling into septic tank, coroner says
GAFFNEY, S.C. (WHNS/Gray News) – A toddler died Tuesday after he fell into a septic tank in South Carolina, officials said.
Dispatchers received a call at 11 a.m. for a child that was stuck in a septic tank in Gaffney, along the state’s northern border.
The Cherokee County Coroner’s Office said 2-year-old Hawkins Abercrombie of New York died after he was rushed to the hospital.
Hawkins was visiting friends in South Carolina with his mother and two siblings. The coroner said his mom noticed he was missing, and during a search of the home, they found the lid on the septic tank upside down.
Hawkins’ pacifier was floating in the water when they removed the lid.
The boy was recovered from the septic tank and CPR was started, but he was pronounced dead at Cherokee Medical Center.
“This is such a tragic event,” coroner Dennis Fowler said. “This family needs our prayers.”
The incident remains under investigation.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/10/2-year-old-dies-after-falling-into-septic-tank-coroner-says/ | 2022-05-10T22:22:48Z |
TOKYO, June 9, 2022 /PRNewswire/ -- Nippon Express Co., Ltd. (hereinafter "Nippon Express"), a group company of Nippon Express Holdings, Inc., launched on May 30 a logistics service capable of handling goods requiring ultra-low temperatures (-20 C to -85 C) for the pharmaceutical industry.
Logo: https://kyodonewsprwire.jp/img/202206072182-O1-1zA70963
Photo: Products to be handled (examples)
https://kyodonewsprwire.jp/img/202206072182-O2-zds69HQG
Photo: Envisioned uses for service
https://kyodonewsprwire.jp/img/202206072182-O3-9s8evO6B
As a priority approach for the core business growth strategy outlined in the "NX Group Business Plan 2023 - Dynamic Growth," the NX Group has positioned the pharmaceutical industry as a priority industry and is moving forward in developing quality control systems and improving its business infrastructure both inside and outside Japan in accordance with the Good Distribution Practices (GDP) established for pharmaceuticals.
Nippon Express has heretofore provided a pharmaceutical distribution platform with strict temperature control in two ranges -- 2 C to 8 C (refrigerated) and 15 C to 25 C (constant temperature) -- and has recently introduced innovations that will enable it henceforth to handle goods requiring ultra-low temperatures in the -20 C to -85 C range.
These enhancements will permit ultra-low temperature storage and transport of pharmaceutical products at the research and development stage and in the formulation process. Nippon Express is thus able to offer temperature-controlled logistics services for a broad spectrum of pharmaceutical commodities, including raw materials, intermediates and active pharmaceutical ingredients as well as finished products.
Going forward, Nippon Express will continue expanding and developing its services globally to meet demand for increasingly sophisticated and diversified end-to-end pharmaceutical logistics services.
Dedicated website for pharmaceutical logistics services
URL: https://www.nipponexpress.com/industries/pharma/
Nippon Express website: https://www.nipponexpress.com/
NX Group's official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
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SOURCE Nippon Express Holdings, Inc. | https://www.wibw.com/prnewswire/2022/06/09/nippon-express-launches-ultra-low-temperature-controlled-logistics-service-pharmaceutical-industry/ | 2022-06-09T07:32:20Z |
James Rado, who co-created pioneering ‘Hair,’ dies at 90
NEW YORK (AP) — James Rado, co-creator of the groundbreaking hippie musical “Hair,” which celebrated protest, pot and free love and paved the way for the sound of rock on Broadway, has died. He was 90.
Rado died Tuesday night in New York City of cardio respiratory arrest, according to friend and publicist Merle Frimark.
“Hair,” which has a story and lyrics by Rado and Gerome Ragni and music by Galt MacDermot, was the first rock musical on Broadway, the first Broadway show to feature full nudity and the first to feature a same-sex kiss.
“Hair” made possible other rock musicals like “Jesus Christ Superstar” and “Rent.” Like “Hamilton,” it was one of only a handful of Broadway shows in the past few decades to find its songs on the pop charts.
The so-called “American tribal love-rock musical,” had its world premiere at the Public Theater in New York City’s East Village in 1967 and transferred the following year to Broadway, where the musical ran more than 1,800 performances. Rado played Claude, a young man about to be drafted and sent to the war in Vietnam.
Clive Barnes, theater critic for The New York Times, called the show “the first Broadway musical in some time to have the authentic voice of today rather than the day before yesterday.” The New York Post said it had “unintentional charm,” contagious high spirits and a “young zestfulness” that “make it difficult to resist.” Variety, however, called it “loony.”
It lost the Tony in 1969 to the more traditional “1776″ but won a Grammy Award. The 2009 revival won the best revival Tony. The show was revived on Broadway in 1977 and again in 2009. It was made into a movie directed by Milos Forman in 1979 starring Treat Williams and Beverly D’Angelo.
“Hair” spawned four top four singles on the American pop charts, including the No. 1 hit “Aquarius/Let the Sunshine In” by the Fifth Dimension, which won the Grammy Award for record of the year and best pop vocal performance by a group in 1970. Others included “Hair” by the Cowsills, “Good Morning, Starshine” by the singer Oliver and “Easy to Be Hard” by Three Dog Night. The cast album itself stayed at No. 1 on the Billboard 200 for 13 weeks
“Hair” tells the story of Claude and Berger, best buddies who find freedom in the late 1960s. Between draft-card burnings, love-ins, bad LSD trips and a parade of protest marches, the two wander through a New York filled with flower children, drugged-out hippies and outraged tourists who don’t approve of the wild goings-on. In one song, Claude poignantly sings, “Why do I live, why do I die, tell me where do I go, tell me why.”
The show is playful and chaotic, but there’s also a sense of outrage in its protests against war, racism, sexism, pollution and the general hypocrisy of an era dominated by the American involvement in Vietnam.
“I’d still like ‘Hair’ to be about what it was about then,” Rado told The Associated Press in 1993. “‘Hair’ had a spiritual message, and it has a mystical message I hope is coming through — there’s more to life than the way it’s been devised for us, explained to us, taught to us.”
The songs of “Hair” have been used in everything from the films “Forrest Gump,” “Minions” and “The 40-Year-Old Virgin” to TV shows like “Glee,” “So You Think You Can Dance” and “My Name Is Earl.” Billboard magazine lists “Aquarius/Let the Sunshine In” at No. 66 of all-time top 100 songs.
In 2019, the original 1968 Broadway cast recording was inducted into the National Recording Registry of the Library of Congress. Librarian of Congress Carla Hayden deemed “these aural treasures worthy of preservation because of their cultural, historic and aesthetic importance to the nation’s recorded sound heritage.”
Rado was born in Venice, California, and raised in Rochester, New York, and Washington, D.C. After serving two years in the U.S. Navy, he moved to New York and studied acting with Paula and Lee Strasberg.
Rado was part of the ensemble of the Broadway play “Marathon ‘33″ in 1963 and played Richard Lionheart in “The Lion in Winter” in 1966 opposite Christopher Walken. He met Ragni when he was cast in the off-Broadway musical “Hang Down Your Head and Die.”
The two were interested in birthing a new kind of show and focused on the hippie scene. They wrote the script while sharing an apartment in Hoboken, New Jersey. Rado originated the “Hair” role of the draftee Claude on Broadway.
“Hair” met resistance across the country. In addition to the use of four-letter words, the flouting of authority, sexual references and gross-out humor, the end of Act 1 had the entire cast strip naked to “Where Do I Go” and there was what many believed was desecration of the American flag.
There were church pickets in Evansville, Indiana. Municipal officials in Chattanooga, Tennessee, denied a request to stage the show, determining that it would not be “in the best interest of the community.” In Denver, police threatened to arrest anyone who appeared nude onstage. A Boston visit was challenged in court on the basis of flag desecration.
The original Public Theater production had cut the nude scene, but the creators wanted it back for the Broadway debut. Under the law at that time, New York City allowed nudity onstage onstage as long as the actors weren’t moving, which is why the whole cast of “Hair” stood together in a row, nude and perfectly still.
After “Hair,” Rado wrote the music and lyrics of the off-Broadway show “Rainbow,” co-authoring the book with his brother, Ted Rado. He later teamed up with Ragni to create the book and lyrics for the show “Sun.” Ragni died in 1991. Rado wrote a new show called “American Soldier” with his brother.
In 2009, Rado, MacDermot and Ragni were inducted into the Songwriters Hall of Fame. Marilyn McCoo and Billy Davis Jr., of the group The Fifth Dimension, were joined onstage by the Broadway cast at the time for a finale that brought the ceremony’s approximately 1,000 guests to their feet. MacDermot died in 2018.
Rado told the Hudson Reporter in 2009 that none of the show’s creators anticipated that it would have such an enormous impact. “We thought we’d stumbled on a great idea, and something that potentially could be a hit on Broadway, never thinking of the distant future.”
He is survived by his brother Ted Rado, sister-in-law Kay Rado, nieces Melanie Khoury, Emily DiBona and Melissa Stuart, great-nieces and a great-nephew.
___
Mark Kennedy is at http://twitter.com/KennedyTwits
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/22/james-rado-who-co-created-pioneering-hair-dies-90/ | 2022-06-22T14:14:04Z |
- Enterprise Solutions revenue achieves modest growth despite lockdown measures in China –
- Enterprise Solutions revenue contribution hit a historic high of 36% –
HONG KONG, Aug. 25, 2022 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (Nasdaq: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced unaudited financial results for the second quarter ended June 30, 2022.
Jian "T.J." Tang, Chairman, Chief Executive Officer and Co-Founder of iClick, said, "In order to effectively combat the latest resurgence of the COVID-19 pandemic, various regions in China were operating under restrictive measures or in lockdown during the second quarter of 2022, which inevitably had an adverse impact on our performance. Conjunctively, the unpredictable macro environment continued to drive conservatism on advertising spending and promotional activities. As a result, the Company's total revenue declined by 51% year-on-year, primarily as a result of a 62% year-on-year decrease in our Marketing Solutions revenue, and recorded a goodwill impairment of US$24.9 million in the second quarter of 2022 for its Marketing Solutions reporting unit, both of which contributed to the net loss for the quarter.
On a positive note, the Company achieved the modest growth in Enterprise Solutions revenue, which accounted for a historically high 36% of total revenue for the second quarter of 2022, despite the lockdown restricting the implementation of our go-to-market strategy.
Looking to the future, we believe our value proposition to top-tier brand clients remains intact, and we expect better performance once overall market sentiment and client operations recover. We believe our strategic wind-down of the Marketing Solutions business will enable the Company to better align its resources to continue investing in Enterprise Solutions. With the backdrop of the digital transformation trend in China, we also expect to further develop our SaaS+X business model, with the aim of driving long-term growth and enlarging our overall market share."
Second Quarter 2022 Results:
Revenue for the second quarter of 2022 was US$38.1 million, compared with US$78.0 million for the second quarter of 2021, mainly due to the decrease in revenue from Marketing Solutions, which was partially offset by the slight increase in revenue from Enterprise Solutions.
Revenue from Marketing Solutions declined to US$24.3 million for the second quarter of 2022, compared with US$64.6 million for the second quarter of 2021, primarily because we strategically reduced lower margin and higher risk businesses within the Marketing Solutions segment. The decline in revenue from Marketing Solutions was also due to the tightened regulation targeting certain industries in which our clients operate, which led to a broad-based advertising market slowdown in China, and the strict anti-pandemic measures implemented in China.
Revenue from Enterprise Solutions slightly grew to US$13.8 million for the second quarter of 2022, from US$13.4 million for the second quarter of 2021.
Gross profit for the second quarter of 2022 was US$9.3 million, compared with US$24.3 million for the second quarter of 2021, mainly due to the decline in Marketing Solutions segment. Gross profit margin decreased to 24.3% for the second quarter of 2022 from 31.2% for the second quarter of 2021, primarily as a result of the slowdown of broad-based advertising market in China, and the strict anti-pandemic measures implemented in China.
Total operating expenses were US$26.8 million for the second quarter of 2022, compared with US$23.4 million for the second quarter of 2021, primarily due to an additional expected credit loss provision, as a result of the volatile business environment with resurgence of COVID-19 and lockdown conditions.
Operating loss was US$17.5 million for the second quarter of 2022, compared with an operating income of US$0.9 million for the second quarter of 2021. This decline was as a result of the decrease in gross profit and an additional expected credit loss provision.
Goodwill impairment of US$24.9 million was recorded in the second quarter of 2022 for Marketing Solutions reporting unit, primarily due to the volatile digital advertising industry, which resulted in a shortfall between the carrying value and the estimated fair value of this reporting unit as of June 30, 2022.
Net loss totalled US$45.8 million for the second quarter of 2022, compared with net income of US$0.6 million for the second quarter of 2021, primarily due to the goodwill impairment incurred, decrease in gross profit and an additional expected credit loss provision.
Net loss attributable to the Company's shareholders per basic and diluted ADS for the second quarter of 2022 were US$0.45, compared with a net income attributable to the Company's shareholders per basic and diluted ADS of US$0.02 for the second quarter of 2021.
Adjusted EBITDA for the second quarter of 2022 was a loss of US$13.2 million, compared with earnings of US$6.1 million for the second quarter of 2021. For a reconciliation of the Company's adjusted EBITDA from net (loss)/income, its most comparable GAAP measure, please refer to "Unaudited Reconciliations of GAAP and Non-GAAP Results."
Adjusted net loss for the second quarter of 2022 was US$15.0 million, compared with an adjusted net income of US$2.6 million in the second quarter of 2021. For a reconciliation of the Company's adjusted net (loss)/income from net (loss)/income, its most comparable GAAP measure, please refer to "Unaudited Reconciliations of GAAP and Non-GAAP Results."
Gross billing[2] was US$58.1 million for the second quarter of 2022, compared with US$194.2 million for the second quarter of 2021, primarily as a result of the decline in gross billing from Marketing Solutions segment.
As of June 30, 2022, the Company had cash and cash equivalents, time deposits and restricted cash of US$83.5 million, compared with US$88.7 million as of December 31, 2021.
Share Repurchase Program
On December 22, 2021, the Company announced a share repurchase program in which it may purchase its own ADSs with an aggregate value of up to US$20.0 million from January 1, 2022 to December 31, 2022. As of June 30, 2022, the aggregate value of purchased shares was approximately US$7.2 million.
Conference Call
The Company will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 25, 2022 (8:00 PM Beijing/Hong Kong time on August 25, 2022). Participants may join the call through either of the below methods:
1. Dial-in to the conference call:
Participants are asked to pre-register for the call via the following link:
Upon registering, participants will be provided with dial-in numbers, Passcode and unique access PIN.
2. Webcast:
Participants may also join a live and archived webcast of the call through the below link:
A live and archived webcast of the conference call will be available on iClick's investor relations website at https://ir.i-click.com.
A webcast replay of the call will be available approximately two hours after the end of the call through August 25, 2023. The webcast replay can be accessed through the above link.
About iClick Interactive Asia Group Limited
Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a leading enterprise and marketing cloud platform in China. iClick's mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in eleven locations across Asia and Europe. For more information, please visit https://ir.i-click.com.
Non-GAAP Financial Measures
The Company uses adjusted EBITDA, adjusted net (loss)/income, and diluted adjusted net (loss)/income per ADS, each a non-GAAP financial measure, in evaluating the Company's operating results and for financial and operational decision-making purposes. The Company believes that adjusted EBITDA, adjusted net (loss)/income, and diluted adjusted net (loss)/income per ADS help identify underlying trends in the Company's business that could otherwise be distorted by the effect of the expenses and gains that the Company includes in net (loss)/income. The Company believes that adjusted EBITDA and adjusted net (loss)/income provide useful information about the Company's operating results, enhance the overall understanding of the Company's past performance and future prospects, assess operating performance on a consistent basis, and allow for greater visibility with respect to key metrics used by the Company's management in its financial and operational decision-making.
Adjusted EBITDA, adjusted net (loss)/income, and diluted adjusted net (loss)/income per ADS should not be considered in isolation or construed as an alternative to net (loss)/income or any other measure of performance or as an indicator of the Company's operating performance. Investors are encouraged to review the historical non-GAAP financial measures to the most directly comparable GAAP measures. Adjusted EBITDA, adjusted net (loss)/income, and diluted adjusted net (loss)/income per ADS presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company's data. The Company encourages investors and others to review the Company's financial information in its entirety and not rely on a single financial measure.
For more information on these non-GAAP financial measures, please see the table captioned "Unaudited Reconciliations of GAAP and Non-GAAP results" set forth at the end of this press release.
These non-GAAP financial measures were presented with the most directly comparable GAAP financial measures together for facilitating a more comprehensive understanding of operating performance between periods.
Safe Harbor Statement
This announcement contains forward-looking statements, including those related to the Company's business strategies, operations and financial performance. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. 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 fluctuations in growth; its success in its strategic shift away from Marketing Solutions to focus on Enterprise Solutions; its success in implementing its SaaS + X business model; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favourable contractual terms; market competition; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; the duration of the COVID-19 outbreak and its potential impact on the Company's business and financial performance; fluctuations in foreign exchange rates; general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and other 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:
(financial tables follow)
ICLICK INTERACTIVE ASIA GROUP LIMITED
Unaudited Reconciliations of GAAP and Non-GAAP Results
(US$'000, except share data and per share data, or otherwise noted, unaudited)
Adjusted EBITDA represents net (loss)/income before (i) depreciation and amortization, (ii) interest expense, (iii) interest income, (iv) income tax (benefit)/expense, (v) share-based compensation, (vi) goodwill impairment, (vii) other losses/(gains), net, (viii) convertible notes and shares issuance cost, (ix) net loss attributable to non-controlling interests, (x) share of losses from an equity investee, and (xi) cost related to new business setup or acquisitions.
The table below sets forth a reconciliation of the Company's adjusted EBITDA from net (loss)/income for the periods indicated:
Adjusted net (loss)/income represents net (loss)/income before (i) share-based compensation, (ii) goodwill impairment, (iii) other losses/(gains), net, (iv) convertible notes and shares issuance cost, (v) net loss attributable to non-controlling interests, and (vi) share of losses from an equity investee, and (vii) cost related to new business setup or acquisitions. There is no material tax effects on these non-GAAP adjustments.
The table below sets forth a reconciliation of the Company's adjusted net (loss)/income from net (loss)/income for the periods indicated:
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SOURCE iClick Interactive Asia Group Limited | https://www.kxii.com/prnewswire/2022/08/25/iclick-interactive-asia-group-limited-reports-2022-second-quarter-unaudited-financial-results/ | 2022-08-25T11:26:20Z |
NEW YORK (AP) — The New York attorney general’s lawsuit against the National Rifle Association is no mere “witch hunt,” a New York judge ruled Friday in dismissing the gun rights advocacy group’s claims that the case is a political vendetta.
Manhattan Judge Joel M. Cohen’s decision means the nearly 2-year-long legal fight can continue.
The ruling comes after mass shootings last month in New York and Texas reanimated debate over U.S. gun policy and refocused attention on the NRA.
The New York case began when James, a Democrat, filed a lawsuit that accused some top NRA executives of financial improprieties and sought to dissolve the group. The attorney general’s job includes oversight of nonprofit organizations incorporated in the New York, where the NRA was chartered in 1871.
In March, Cohen rebuffed James’ bid to shutter the NRA. But the judge let the case go on, with the potential for fines or other remedies if the attorney general prevails.
The NRA accused James in a court filing last year of waging “a blatant and malicious retaliation campaign” because of its views. The group sought to halt the lawsuit.
Cohen rejected those arguments.
“The narrative that the attorney general’s investigation into these undeniably serious matters was nothing more than a politically motivated — and unconstitutional — witch hunt is simply not supported by the record,” he wrote, noting that the probe was sparked by reports of misconduct and “uncovered additional evidence.”
James applauded the decision, saying it confirms the suit’s “legitimacy and viability.”
“Our fight for transparency and accountability will continue,” she said in a statement.
NRA lawyer William A. Brewer III said the group was disappointed but would keep fighting the case and still believes it was unfairly targeted.
“The NRA believes the NYAG’s pursuit was fueled by her opposition to the association and its First Amendment activities in support of the Second Amendment,” he said in a statement, using an abbreviation for the attorney general’s title.
In the wake of the recent shootings in Buffalo, New York, and Uvalde, Texas, Congress is under renewed pressure to respond after years of partisan logjams over gun legislation.
The House has passed bills that would raise the age limit to buy semiautomatic weapons and establish federal “red flag” laws, which allow for taking guns from people at extreme risk of harming themselves or others. Such initiatives traditionally have faltered in the Senate.
Democratic and Republican senators have been talking about a framework for addressing the issue, but no agreement has been announced.
The NRA — a longtime political force that has lost some influence amid financial scandals in recent years — has long insisted that mass shootings are no reason to limit access to guns, arguing that the solution instead is for law-abiding people to have firearms to defend themselves and others.
The message was echoed at the group’s convention in Houston last month, days after a gunman killed 19 children and two teachers in Uvalde.
Rallies calling for significant changes to gun laws are planned in Washington and around the country this weekend and are expected to draw tens of thousands of people.
Meanwhile, the Supreme Court also is caught up in the national tug of war over the place of guns in America. The justices are expected soon to issue their most consequential gun ruling in more than a decade, potentially making it easier to be armed on the streets of New York and other large cities. | https://cw33.com/news/u-s-news/ap-us-headlines/new-yorks-lawsuit-against-nra-can-move-forward-judge-rules/ | 2022-06-11T20:44:44Z |
GREENSBORO, N.C., July 15, 2022 /PRNewswire/ -- The Brooks Group promoted Russ Sharer to Chief Sales Officer.
Russ' new role will utilize his 30+ years of B2B Sales and Marketing and leadership experience to ensure The Brooks Group meets its growth and sales revenue targets while successfully navigating organizational and marketplace complexities to drive real results to the company's bottom line.
He will get to focus his sales expertise and passion for helping people maximize their strengths to improve sales performance into The Brooks Group's own internal sales team, while also maintaining relationships with existing clients. Russ has been associated with The Brooks Group for 10 years, most recently serving as Director of Strategic Sales Excellence.
Russ is the co-author of Agile & Resilient: Sales Leadership for the New Normal and is one of The Brooks Group's most sought after facilitators. He has spent the past several years helping Brooks Group program participants connect the dots with his practical, "easy-to-learn" approach and style. He is an incredible leader, educator, and the natural choice to lead the company's sales efforts.
"Russ is an exceptional leader. I'm very happy that our own sales team will now directly benefit from his vast experience." remarked Gary Fly, CEO of The Brooks Group.
About The Brooks Group
The Brooks Group teaches straightforward, actionable sales training skills to sales managers and their teams. Their IMPACT Selling® Sales Training Program has been taught to over one million sales professionals nation-wide, and they've been recognized as one of the top sales training companies annually since 2010.
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SOURCE The Brooks Group | https://www.kxii.com/prnewswire/2022/07/15/brooks-group-names-russ-sharer-chief-sales-officer/ | 2022-07-15T13:43:42Z |
WASHINGTON (AP) — In the waning moments of Democrats’ four-decade hold on the House, I saw a gesture that seems unthinkable today. On the evening of Nov. 29, 1994, they let the top Republican preside, briefly, over the chamber.
It was a display of respect and affection toward Minority Leader Bob Michel, R-Ill., retiring after a 38-year House career served entirely under Democrats. He embraced with outgoing Speaker Tom Foley, D-Wash. Republicans were taking over in January under the combative Rep. Newt Gingrich, R-Ga., abandoning Michel’s consensus-building style.
Those feelings between leaders are all but gone. In their place are suspicion and even hostility, most starkly symbolized by magnetometers lawmakers must pass through before entering the House chamber.
Speaker Nancy Pelosi, D-Calif., installed the metal detectors over GOP objections after the brutal Jan. 6, 2021, Capitol attack by supporters of then-President Donald Trump. Democrats also expressed concerns about Republican lawmakers who carry guns.
As I retire after nearly four decades covering Capitol Hill, that contrast and the forces behind it illustrate why I’ve loved covering Congress — and why I’ve recently felt dispirited.
___
Congress is dominated by masters of political hardball who’ve survived a Darwinian culling of the nation’s most ambitious politicians. Covering them is like attending a riveting theatrical drama, except you get to wander behind the curtain and chat up the actors.
In a moment of irony, I saw Gingrich in 1998, then speaker, lash out at the very conservatives who’d powered his own rise after they opposed his budget deal with President Bill Clinton as a surrender. Gingrich mocked them as the “perfectionist caucus,” a bow to the compromises needed in a divided government. He soon announced his retirement.
Near midnight on Sept. 11, 2001, I watched Democrats and Republicans, in a show of solidarity on the Capitol steps, spontaneously sing “God Bless America.”
Pelosi triumphantly waved the gavel aloft in 2007 when she became the first female speaker. “For our daughters and our granddaughters, we have broken the marble ceiling,” the California Democrat said.
Eight years later, I saw awe in the eyes of House Speaker John Boehner, R-Ohio, a Catholic, as he greeted Pope Francis, whom he’d invited to address Congress.
I saw shock on Republicans’ faces the very next morning as they left a Capitol basement meeting where Boehner revealed he was quitting, hounded by a new generation of hard-right conservatives, the House Freedom Caucus.
Democrats and Republicans cheered when No. 3 House GOP leader Steve Scalise of Louisiana limped into the chamber in 2017, three months after being gravely wounded when a gunman attacked a Republican baseball practice.
I’ve seen change. Since Pelosi’s 1987 arrival, the number of women in Congress has multiplied from 25 to 146. There are around 130 lawmakers of color, up from 38.
And I’ve witnessed upheaval. Starting in 2017, Sen. Al Franken, D-Minn., and others resigned amid the #MeToo sexual harassment movement.
I had one deeply embarrassing close encounter with a freshly sworn-in president in 2001. I was assigned to a ceremonial Senate room where new presidents sign papers immediately after their inaugural address.
Someone brushed my elbow. Standing beside me was President George W. Bush. I tried drawing him out with a folksy, “So, how’d it go?” He parried what was likely his first reporter’s question as president with a nod, adding, “Good.”
___
Since coming to Washington in 1983, I’ve seen debates over wars, terrorism, recessions, government shutdowns and taxes. Three of history’s four presidential impeachment trials. Fights over social justice, abortion, a pandemic.
I still overhear Democrats and Republicans making dinner plans. The sorrow over this month’s traffic accident death of Rep. Jackie Walorski, R-Ind., and two aides was bipartisan and heartfelt.
Yet today’s common ground seems narrower, the atmosphere darker, the stakes higher.
Pelosi referred to House Minority Leader Kevin McCarthy, R-Calif., as a “moron” after he opposed mask mandates in the House as the coronavirus pandemic spiked. McCarthy said it would be “hard not to hit her” with the gavel if he becomes speaker. His spokesperson called it a joke.
Both parties have fewer moderates. House districts increasingly drawn for partisan advantage push Democrats left, Republicans right as they appeal to their most activist primary voters.
Voters self-sort among social media and news outlets they believe. That hardens constituents’ views, further constraining lawmakers’ willingness to compromise.
Senate filibusters requiring bills to garner 60 votes are commonplace, derailing nearly anything without broad bipartisan support.
Through early this century, most Supreme Court nominees were approved easily.
In 2016, Senate Majority Leader Mitch McConnell, R-Ky., refused to let President Barack Obama fill a Supreme Court vacancy, citing upcoming elections a full nine months away. Then just weeks before Election Day 2020, McConnell sped a Trump appointee through the Senate, giving the court a 6-3 conservative majority and McConnell a legacy achievement that outraged Democrats.
___
None of that approximates Trump’s baseless assertion that the 2020 election was stolen from him, a claim rejected by dozens of courts, local officials and his own attorney general.
His false construct fueled the Jan. 6 insurrection. I wasn’t in the Capitol because of the pandemic, but there is no forgetting the death, injury, destruction and disheartening sense that democracy itself had been defiled.
Just hours after the mob was dispersed, more than half of House Republicans and eight GOP senators voted against certifying Democrat Joe Biden’s victory. McCarthy initially said Trump “bears responsibility” for the attack but later blocked a bipartisan investigation.
Many Republicans have downplayed or deflected attention from that calamitous day. Trump remains his party’s dominant figure.
Republicans have backed Trump’s claims that this month’s court-sanctioned search of his Mar-a-Lago estate was politically motivated. The FBI is led by Trump-appointed Director Christopher Wray and emerged with sensitive national security documents that are federal property.
Anti-government rhetoric by politicians is not new. But these latest assaults on faith in government and the election system underpinning it — by potent influencers like a former president and his elected supporters — come amid authorities’ warnings about increased calls for violence, even civil war.
___
Despite ever-tighter security, reporters still walk unfettered in most Capitol corridors.
I’ve bumped into celebrities from Muhammad Ali to Jon Stewart. But politicians have left the most lasting impressions.
Senate Republican leader Bob Dole of Kansas wielded light-speed wit. After the newly elected Clinton dined with GOP senators in a gesture of bipartisanship, he described a novel he’d read involving a murdered Democratic senator. “A happy ending!” Dole replied.
Gingrich’s hardening of partisan enmity — he counseled describing Democrats with focus group-tested words like “traitors” and “sick” — was sometimes answered in kind. Rep. Sam Gibbons, D-Fla., angrily left one 1995 House hearing on Medicare cuts Republicans wanted. “I had to fight you guys 50 years ago,” shouted Gibbons, who parachuted into France behind Nazi lines on D-Day.
I’ve seen agreements to authorize a military response to 9/11, keep the 2008 Great Recession from getting even worse and spend trillions of dollars to counter the pandemic.
Republicans have enacted huge tax cuts and created Medicare prescription drug coverage. Senate Majority Leader Chuck Schumer, D-N.Y., recently muscled a top Biden priority to passage bolstering environment and health initiatives.
___
Trump’s norm-busting four years featured constant clashes with Congress including Republicans, from whom he tolerated no dissent.
I prodded one Republican, privately critical of Trump, to talk on the record. “He’d send me to Gitmo,” he said.
House Speaker Paul Ryan, R-Wis., just 48, announced in early 2018 that he would retire. He later told author Tim Alberta he could not endure two more years working with Trump.
The cautious McConnell and impulsive Trump long had a fraught relationship. It was severed as McConnell, who voted to acquit Trump over Jan. 6 on the grounds that he’d already left the White House, immediately afterward blistered him as being “practically and morally responsible” for the riot.
I’ve seen lawmakers risk their jobs by backing the party line. Democrats lost dozens of seats in 1994 after rallying behind a Clinton deficit-reduction package. They lost again in 2010 after enacting Obama’s health care law.
And I’ve seen some infuriate colleagues by straying. Sen. John McCain, R-Ariz., elicited gasps with his decisive thumbs-down that derailed Trump’s effort to repeal Obama’s health care statute.
Ten House Republicans voted to impeach Trump over the insurrection. At least eight, including Rep. Liz Cheney, R-Wyo., Trump’s most relentless GOP foe, will not be in Congress next year.
Lawmakers have recently approved accords helping Ukraine and veterans and modestly restricting guns — glimmers suggesting they can still work together.
Yet the confluence of today’s forces chipping away at faith in government institutions would not be recognizable to Foley and Michel.
___
Follow AP’s coverage of Congress at https://apnews.com/hub/congress. | https://cw33.com/news/politics/ap-politics/ap-decades-on-capitol-hill-from-civility-to-open-hostility/ | 2022-08-30T04:41:33Z |
GILBERT, Ariz., Aug. 31, 2022 /PRNewswire/ -- ZEVX, a world-wide leader in design and development of high energy-dense battery pack solutions and electric powertrains announces the industry's first fully electric 2022 MB Sprinter designed for last mile delivery in all climates. ZEVX is ready to deliver solutions that transition your fleets to BEV now! Come see our BEV Sprinter during the Home Delivery World show at booth 1025.
ZEVX aims to be the worldwide leader in battery electric power systems and data intelligence for e-mobility applications. ZEVX has a series of battery electric powertrain and power system products that quickly migrate commercial fleet assets to zero carbon. ZEVX has a service mission to support customers through a deep partner network using existing automotive service infrastructure. This provides rapid adoption through the service network to install and deliver advanced data intelligence from fleet assets to optimize the carbon transition.
Media Contacts:
Shannon Kendall
Investor Relations
ZEVX, Inc.
+1 832-643-3459
skendall@ZEVX.com
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SOURCE ZEVX, Inc. | https://www.kxii.com/prnewswire/2022/08/31/zevx-electrifies-home-delivery-world-2022/ | 2022-08-31T19:51:20Z |
DAVIE, Fla., July 25, 2022 /PRNewswire/ -- Green Scientific Labs Holdings Inc. ("Green Scientific Labs" or the "Company"), leading multi-state provider of innovative cannabis and hemp testing technologies and methods, has launched its new laboratory information management system (LIMS) for immediate use across all its laboratory operations.
The company's proprietary LIMS technology contains a robust set of cutting-edge features including Artificial Intelligence to ensure compliance with state regulations on COAs, real-time turnaround time (TAT) tracking to identify bottlenecks and to ensure industry-leading testing times, digital batch downloading, and real time audit logs that compile a record of events and changes within the software.
"There is a huge tech component to GSL's testing process that sets us apart from other testing labs in the industry. The LIMS that we built and used during the first three years of operations helped us service more than 1000 clients," said Michael Richmond, Chairman of Green Scientific Labs "In order to take Green Scientific Labs to the next level, support our rapid expansion, maintain turnaround times, and future proof ourselves for eventual FDA style regulations, we needed to take everything we learned and create something special. That's exactly what we did."
The custom-designed software built for the cannabis industry contains a host of new features:
- Complete digitization of batch records, robust audit logging, instant verification of quality control samples, and automatic assignment of qualifiers based on state regulations
- The ability to create custom client packages, create or update quality control target values, and define rules on a state-by-state basis
- Better efficiency without reliance on outside development provides the ability to build new labs more quickly than the competition
"Successful cannabis laboratories must be able to keep up with continuously evolving regulations and requirements without sacrificing quality, consistency, or accuracy," said Dr. Kristofer Marsh, Chief Scientific Officer of Green Scientific Labs. "Our new LIMS is faster, smarter, and perhaps most importantly, tailored specifically to our unique processes. Having full control of the technology that manages laboratory data allows us to continuously improve internal processes and create custom solutions for clients and employees."
About Green Scientific Labs
Green Scientific Labs (CSE: GSL) is a leading, multi-state provider of innovative cannabis and hemp testing technologies and methods. The company's labs perform product testing to help cultivators, manufacturers, and retailers stay compliant with state and federal regulations. Green Scientific Labs delivers superior marijuana, cannabis, hemp, and CBD testing services, and provides unmatched customer service for its clients. For more information, please visit https://www.greenscientificlabs.com/.
Cautionary Statement Regarding Forward-Looking Statements
This news release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company and statements with regard to the issuance of additional Company Shares in satisfaction of earn-out payments and the expansion of the Company's operations. Words such as "expects", "continue", "will", "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on the Company's current projections and expectations about future events and financial trends that management believes might affect its financial condition, results of operations, business strategy and financial needs, and on certain assumptions and analysis made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors management believes are appropriate. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.
The Canadian Securities Exchange has not reviewed, approved, or disapproved the content of this news release.
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SOURCE Green Scientific Labs | https://www.wibw.com/prnewswire/2022/07/25/green-scientific-labs-launches-new-proprietary-laboratory-information-management-system-lims-that-better-manages-cannabis-hemp-testing-process/ | 2022-07-25T13:01:48Z |
BEIJING, Aug. 16, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") in China, today announced that its operating affiliate eMapGo Technology (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has received the 2022 Enterprise with the Greatest Growth Potential in the Geospatial Industry Award from the China Association for Geospatial Industry and Sciences ("CAGIS"), recognizing EMG's compound growth rate of 122.5% over the past three years in its geospatial business. The Company ranked second in compound growth rate among approximately 50 companies that were recognized with this honor.
CAGIS is a non-profit national industrial organization, authorized and supervised by the Ministry of Civil Affairs and the Ministry of Natural Resources, which currently has thousands of members including several well-known geospatial enterprises within China. CAGIS recently released a report titled "China Geographic Information Industry Development Report (2022)", which states that the output value of China's geographic information industry reached RMB752.4 billion in 2021, an increase of 9.2% year over year, with the scale expected to continue to increase.
Mr. Xuesong Song, Luokung's Chairman and CEO, stated, "We are thrilled that EMG's growth in recent years has been recognized by CAGIS. It is a validation of EMG's significant achievement in autonomous driving, road-vehicle collaboration and digital twin market through constant research and development on HD maps. In the future, as we continue to enhance its core capabilities, we believe EMG will be able to optimize, deepen and expand its services to additional industries, solidifying its leading position in the market."
About Luokung Technology Corp.
Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS for various industries in China. Backed by its proprietary technologies and expertise in multi-sourced intelligent spatial-temporal big data, Luokung has established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including smart transportation (autonomous driving, smart highway and vehicle-road collaboration), natural resource asset management (carbon neutral and environmental protection remote sensing data service), and LBS smart industry applications (mobile Internet LBS, smart travel, smart logistics, new infrastructure, smart cities, emergency rescue, among others). The Company routinely provides important updates on its website: https://www.luokung.com.
ABOUT EMAPGO
eMapgo, a variable interest entity ("VIE") of Luokung, is a leading provider of navigation and electronic map services in China, as well as a leading provider in Internet map services, geographic information system engineering and other A-level mapping qualifications. EMG possesses the National Class-A qualification certificates of navigable Surveying and Mapping, and actively develops autonomous driving and HD Map services. In March 2021, Luokung closed on the acquisition of EMG through the purchase of the equity interests of Saleya Holdings Limited, which, through a series of contracts between its wholly-owned subsidiary DMG Infotech Co., Ltd. and EMG, made EMG Luokung's VIE. For more information, please visit EMG's website: www.emapgo.com.cn.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding our or our management's expectations, hopes, beliefs, intentions or strategies regarding the future and other statements that are other than statements of historical fact. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "may", "might", "plan", "probable", "potential", "should", "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination and analysis of the existing law, rules and regulations and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you the statement herein will be accurate. As a result, you are cautioned not to rely on any forward-looking statements.
CONTACT:
The Company:
Mr. Jay Yu
Chief Financial Officer
Tel: +86-10-6506-5217
Email: ir@luokung.com
Investor Relations:
Ms. Carolyne Sohn
Vice President
The Equity Group Inc.
Tel: 415-568-2255
Email: csohn@equityny.com
Ms. Alice Zhang
Investor Relations Analyst
The Equity Group Inc.
Tel: 212-836-9610
Email: azhang@equityny.com
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SOURCE Luokung Technology Corp. | https://www.mysuncoast.com/prnewswire/2022/08/16/luokung-affiliate-emapgo-wins-china-association-geospatial-industry-sciences-2022-enterprise-growth-award/ | 2022-08-16T13:35:19Z |
WASHINGTON (AP) — U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing.
Tuesday’s report from the Labor Department showed that the producer price index — which measures inflation before it reaches consumers — rose at slightly slower pace last month than in April, when it jumped 10.9% from a year earlier, and is down from an 11.5% yearly gain in March.
On a monthly basis, producer prices climbed 0.8% in May from April, above the previous month, when they increased 0.4%.
Energy prices, led by gas, rose 5% just in May from April. Another big driver of the price gains last month was a sharp 2.9% increase in the cost of truck freight hauling, a sign that supply chain problems still aren’t fully resolved. Food costs were unchanged.
The figures indicate that rising prices will continue to erode Americans’ paychecks and wreak havoc on household budgets in the coming months. Inflation has created major political headaches for President Joe Biden and congressional Democrats and has forced the Federal Reserve into a series of rapid interest rate hikes intended to slow the economy and cool price increases.
On Friday, the government reported that inflation — as measured by the consumer price index — jumped to a new 40-year high of 8.6% in May, a surprise gain that disappointed expectations that price increases might be slowing. Gas and food costs rose sharply, pushed higher by Russia’s invasion of Ukraine, but the costs for rent, new and used cars, medical care, and clothing also rose, evidence that inflation is spreading more broadly through the economy.
The Federal Reserve is expected to hike its short-term interest rate by three-quarters of a point on Wednesday, the largest increase since 1994, as it ramps up its efforts to rein in higher prices.
The producer price data captures inflation at an earlier stage of production and can sometimes signal where consumer prices are headed. It also feeds into the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures price index.
Strong consumer spending has pushed up demand for a range of goods and services, which has in turn overwhelmed supply chains, creating shortages in some cases and pushing up prices. Greater demand for travel this spring and summer has also sent hotel and airfare prices soaring.
How long that consumer demand will last is a key question for the economy going forward. Millions of Americans have enjoyed solid pay raises in the past year, including lower-income workers at restaurants, hotels, and warehouses.
Consumers also have greater savings than is typically the case from government stimulus checks and because they weren’t able to spend as much on travel and entertainment in the past two years. Those savings are supporting ongoing spending even amid high prices.
Yet prices are rising at a faster pace than wages, on average, suggesting that eventually consumers may have little choice but to pull back on spending. | https://cw33.com/business/ap-business/may-us-producer-prices-soared-10-8-as-energy-prices-jumped/ | 2022-06-15T01:01:54Z |
Agreement between Farmworkers Institute of Education & Leadership Development (FIELD) and Cadiz will bolster FIELD's workforce development programs and train students in sustainable water management amid worsening climate change while advancing FIELD's mission of fostering prosperity in California's underserved communities.
TEHACHAPI, Calif. and CADIZ, Calif., Sept. 15, 2022 /PRNewswire/ -- Farmworkers Institute of Education & Leadership Development (FIELD) and Cadiz Inc. (NASDAQ: CDZI) today announced an agreement to create a state-of-the-art technology innovation and learning center to provide education, work-based training and business opportunities in poor, minority communities.
FIELD's Innovation Campus will be located at Cadiz Ranch, the Company's 45,000-acre property in the Mojave Desert, and will provide hands-on, intensive instruction and work-based training in water conservation, groundwater management and sustainable agriculture – critical need areas as California adapts to the impacts of climate change on water supplies and food production.
The new initiative is part of FIELD's Workforce Development division and operates under the Career Technical Education (CTE) program, which is part of FIELD's EPIC de Cesar Chavez High School, accredited by the Western Association of Schools and Colleges. FIELD is a non-profit founded in 1978 by renowned farmworker leader Cesar Chavez whose vision was to uplift the economic prospects of underserved populations in poor and minority communities. FIELD's CTE program prepares students for the changing workforce by developing academic knowledge and technical skills in a variety of career pathways, including Early Childhood Education, Solar Photovoltaics, Firefighting, Agriculture, Construction, Recycling and Natural Resources. FIELD's CTE program at Cadiz Ranch will focus on water conservation, water quality, groundwater management and strategies to adapt to the impacts of climate change on water resources and agriculture. FIELD's work-based training programs support a continuum of self-sufficiency and empowerment in underserved communities through the creation of "social enterprises" – businesses that are created, owned and operated by FIELD students/graduates.
Over three decades of farming in California's Mojave Desert, Cadiz has developed sophisticated groundwater water conservation techniques to support farming in extreme arid conditions by intercepting and capturing groundwater before it evaporates. The Company's groundwater management plan includes extensive use of sensor technologies to monitor soil moisture, evaporation rates and groundwater movement to maximize the conservation of groundwater. Conserved water not used for irrigation will be stored in the aquifer and transported through underground pipelines as part of the Cadiz Water Conservation and Storage Project, creating a critical new water supply for drought-stricken communities in Southern California.
In partnership with FIELD, Cadiz will create classroom space, housing and other facilities at the Cadiz Ranch for an estimated 30-60 students per academic year as they learn best practices in promoting sustainable water management and conservation in a time of increasing climate change and worsening drought.
"As California's water supply grows increasingly scarce, climate-adaptive technologies and practices will be key to health, safety and economic survival, especially for traditionally underserved communities," said FIELD Present and CEO David Villarino-Gonzalez. "We are thrilled to partner with Cadiz in creating work-based training programs and business opportunities for our students so they can build a sustainable future, not only for themselves, but for their communities."
"This partnership is our future," said Cadiz Executive Board Chair Susan Kennedy. "Aridification is a rapidly growing threat that will change everything about how we live in the Southwest. FIELD's focus on combining sustainability and self-sufficiency to create business opportunities for students is exactly what we need to address climate change."
The FIELD program will include direct, hands-on training for students in managing sustainable farm operations at Cadiz Ranch, groundwater management and water quality monitoring, business operations, wellfield development, and other areas. FIELD students will also gain experience supporting the first-ever conversion of an existing oil and gas pipeline for use conveying water. The program is expected to begin in the spring of 2023, with an English as a Second Language program for FIELD students available at the Cadiz Innovation Center beginning this fall.
The creation of the Cadiz Innovation Center is the Company's latest initiative to deliver clean water solutions to disadvantaged communities. In August, Cadiz agreed to dedicate 5,000 acre-feet of water per year to the Salton Sea Authority and Torres Martinez Desert Cahuilla Indians and provide well treatment technology on tribal lands, as well as up to $5 million in pipeline infrastructure to ensure access to clean, safe drinking water.
About FIELD
The Farmworkers Institute of Education & Leadership Development (FIELD) is committed to uplifting the economic prospects of our underserved populations in poor, minority communities. We are a 501(c)3 non-profit founded and established in 1978 by Farmworker Leader Cesar E Chavez. Cesar's ultimate vision was to inspire farmworkers & the rural workforce to gain self-sufficiency through employee owned social enterprises. Our Core Purpose is to empower the underserved to be self-sufficient with a mission to promote economic & social prosperity. FIELD carries out this mission through a continuum of educational and workforce development programs that assist underserved communities in achieving empowerment, self-sufficiency, and a better quality of life. FIELD has served over 130,000 people since 2002 by making a major investment in an education and training infrastructure. For more information, please visit www.farmworkerinstitute.org or email info@fieldinstitute.org
About Cadiz Inc.
Founded in 1983, Cadiz Inc. (NASDAQ: CDZI) is a California business with more than 70 square miles of property, significant infrastructure, and water rights. The Company's mission is to deliver sustainable solutions to California's clean water challenges. The Cadiz Water Conservation and Storage Project is an innovative aquifer storage project that will create a new water supply for 400,000 people a year by conserving billions of gallons of renewable groundwater currently being lost to evaporation and salt contamination at Mojave Desert dry lakes. With state-of-the-art groundwater management technology, the Project will put conserved water to beneficial use and create a much-needed groundwater bank interconnecting California's existing water infrastructure. For more information, please visit the Company's website www.cadizinc.com or review the Company's filings with the Securities and Exchange Commission.
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SOURCE Cadiz Inc.; Farmworkers Institute of Education & Leadership Development (FIELD) | https://www.wibw.com/prnewswire/2022/09/15/field-cadiz-inc-announce-agreement-create-state-of-the-art-technology-innovation-center-career-tech-training-focused-clean-water/ | 2022-09-15T22:54:15Z |
DALLAS (KDAF) — A new study from WalletHub is looking at patriotism in America, ranking which states are the most and least patriotic in the nation.
So what about the Lone Star State? Where does Texas’ patriotism rank amongst the rest?
This may come as a surprise to some but Texas ranked in the lower half of states, securing the 31st spot in the nation.
Officials say despite having high military engagement, civic engagement was one of the lowest in the country, with Texas ranking 46th in the nation for civic engagement.
Study officials compared all 50 states across 13 different metrics of patriotism including military enlistees, the share of veterans, the share of adults who voted in the 2020 presidential election and AmeriCorps volunteers per capita.
The top 10 most patriotic states are as follows:
- Alaska
- Montana
- Virginia
- North Dakota
- Oregon
- Maryland
- Hawaii
- Vermont
- New Hampshire
- Washington
For the full report, visit WalletHub. | https://cw33.com/news/local/study-ranks-which-states-are-the-most-least-patriotic-where-does-tx-rank/ | 2022-06-20T18:38:41Z |
Free back-to-school immunization clinic set Saturday
SARASOTA, Fla. (WWSB) - The Florida Department of Health will hold a free school immunization in Sarasota Aug. 6 for eligible children in preparation for the new school year.
The clinic will be held from 8 a.m. to noon at the health department office at at 2200 Ringling Blvd.
Parents of kindergartners and seventh graders are encouraged to review their children’s immunization record to ensure they are ready for the upcoming school year.
Students entering college are also encouraged to ensure their immunizations are up to date.
The following vaccines are required for children entering preschool and grades K-12: diphtheria, tetanus, pertussis (whooping cough), measles, mumps, rubella, polio, varicella (chickenpox) and hepatitis B. Students entering college should check with the health services at their college regarding immunization requirements.
If your child is due for a vaccine, please visit your family health care provider or one of our health department clinics. Visit ImmunizeFlorida.org to learn more about immunizations your child may need or call your local county health department to find out locations and times for immunization services available near you.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/05/free-back-to-school-immunization-clinic-set-saturday/ | 2022-08-05T19:20:16Z |
The Special "BROS Presents Your Favorite ComRoms" Screenings Will
Include Exclusive Pre-Show Commentary from BROS Director
Nicholas Stoller and Stars Billy Eichner and Luke Macfarlane
September 19, 20 and 21
DENVER, Aug. 24, 2022 /PRNewswire/ -- The guys behind Universal Pictures' new, groundbreaking, R-rated romantic comedy BROS (in theaters September 30) are here to save date night! BROS director Nicholas Stoller, along with star and co-screenwriter Billy Eichner and star Luke Macfarlane are bringing some of their favorite, hilarious movies back to theaters—"Forgetting Sarah Marshall," "Trainwreck" and "Knocked Up"—each for ONE NIGHT ONLY events on September 19, 20 and 21.
Join them for a "thruple" of exclusive screenings on three consecutive nights in select theaters nationwide, with each screening preceded by a unique introduction from Stoller, Eichner or Macfarlane that highlights why the film is one of his favorite romantic comedies.
Tickets for "BROS Presents Your Favorite ComRoms" can be purchased at www.FathomEvents.com or at participating theater box offices. Fans throughout the U.S. will be able to enjoy the event in select movie theaters; for a complete list of theater locations visit the Fathom Events website (theaters and participants are subject to change).
VIEW TRAILER HERE:
Event Overview:
Monday, September 19 at 7:00 pm local time
BROS PRESENTS – FORGETTING SARAH MARSHALL
- General Event Description: Peter (Jason Segel) is a struggling musician who finds his world turned upside down when his TV celebrity girlfriend, Sarah Marshall (Kristen Bell), dumps him for a tragically hip rock star (Russell Brand). Directed by Nicholas Stoller from a screenplay by Jason Segel.
Tuesday, September 20 at 7:00 pm local time
BROS PRESENTS – TRAINWRECK
- General Event Description: Since she was a little girl, Amy (Amy Schumer) has been taught that monogamy isn't realistic. Now a magazine writer, Amy lives by that credo, but when she finds herself starting to fall for the subject of an article she's writing (Bill Hader), Amy starts to wonder if other grown-ups might be onto something. Directed by Judd Apatow from a screenplay by Amy Schumer.
Wednesday, September 21 at 7:00 pm local time
BROS PRESENTS – KNOCKED UP
- General Event Description: They say that opposites attract. Well, for slacker Ben (Seth Rogen) and career girl Alison (Katherine Heigl), that's certainly the case—at least for one intoxicated evening. Two months and several pregnancy tests later, Ben and Alison go through a hysterically funny, anxious and heartwarming journey to parenthood. Written and directed by Judd Apatow.
About BROS
This fall, Universal Pictures proudly presents the first romantic comedy from a major studio about two gay men maybe, possibly, probably, stumbling towards love. Maybe. They're both very busy.
From the ferocious comic mind of Billy Eichner (Billy on the Street, 2019's The Lion King, Difficult People, Impeachment: American Crime Story) and the hitmaking brilliance of filmmakers Nicholas Stoller (the Neighbors films, Forgetting Sarah Marshall) and Judd Apatow (The King of Staten Island, Trainwreck, The Big Sick), comes Bros, a smart, swoony and heartfelt comedy about how hard it is to find another tolerable human being to go through life with.
Starring Billy Eichner, the first openly gay man to co-write and star in his own major studio film—and featuring an entirely LGBTQ+ principal cast, including Luke Macfarlane (Killjoys), Ts Madison (The Ts Madison Experience), Monica Raymund (Chicago Fire), Guillermo Díaz (Scandal), Guy Branum (The Other Two) and Amanda Bearse (Married …with Children)—Bros is directed by Nicholas Stoller from his screenplay with Eichner. The film is produced by Judd Apatow, Stoller and Josh Church (co-producer Trainwreck, Step Brothers) and is executive produced by Eichner and Karl Frankenfield.
About Fathom Events
Fathom is a recognized leader in the entertainment industry as one of the top distributors of content to movie theaters in North America. Owned by AMC Entertainment Inc. (NYSE: AMC); Cinemark Holdings, Inc. (NYSE: CNK); and Regal, a subsidiary of the Cineworld Group (LSE: CINE.L), Fathom operates the largest cinema distribution network, delivering a wide variety of programming and experiences to cinema audiences in all of the top U.S. markets and to more than 45 countries. For more information, visit www.FathomEvents.com.
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SOURCE Fathom Events | https://www.kxii.com/prnewswire/2022/08/24/fathom-events-universal-pictures-announce-special-three-night-block-classic-com-roms-celebrate-release-new-romantic-comedy-bros/ | 2022-08-24T17:07:13Z |
Topmarq solves the chaotic and time consuming direct from consumer purchasing model with its innovative comparison platform.
AUSTIN, Texas, May 16, 2022 /PRNewswire/ -- Topmarq Inc today announced the launch of our novel vehicle acquisition platform that allows car dealerships to quickly and easily start buying cars from local sellers. The online service makes acquiring vehicles from private sellers simpler with automated bidding and seller appointment setting. The platform is being released as a limited public beta.
The US vehicle market is in the midst of yet another massive shift as prices simmer from all time highs through the pandemic. Though pricing is showing signs of residing, dealers across the country are still at a loss for how to increase their used inventory. Typical channels like wholesale auctions are seeing near-retail pricing that makes them a difficult choice for the average dealer.
Topmarq is positioned to help dealers solve this problem by going directly to the source - local private sellers. Rather than let a quality used vehicle slip into the wholesale channel, dealers can now get access to thousands of local sellers looking for a reasonable trade-in offer. The platform gives dealers access to submit custom offers directly to sellers based on detailed vehicle condition reports and VIN-based data. Topmarq's proprietary tracking system manages sellers through the pipeline until they set an appointment with a specific dealer, thereby removing the wasted dealer effort on lost leads.
Topmarq is currently focused on the Texas market, with plans for expansion to other major metros shortly. The company is led by CEO and founder Quinn Osha, a Caltech graduate and former engineer at Axon. James Mark, a Director of Finance at LegalZoom and formerly TrueCar, is an advisor with the company.
About Topmarq
Topmarq is a software tool for car dealers to automatically buy vehicles from local private sellers to improve their bottom line. Easily buy cheaper inventory through consumer sales in an auction-like format. Its innovative seller pipeline management means dealers don't waste time on lead chasing while sellers can schedule appointments directly with them.
Quinn Osha
(832) 271-8134
pr@topmarq.com
www.Topmarq.com
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SOURCE Topmarq, Inc | https://www.wibw.com/prnewswire/2022/05/16/topmarq-expands-novel-vehicle-acquisition-platform-car-dealers/ | 2022-05-16T17:50:03Z |
CHICAGO, Aug. 22, 2022 /PRNewswire/ -- As material costs increase and supply chain challenges continue to delay production, manufacturers' optimism has declined, according to a new industry report. The latest Sikich Industry Pulse: Manufacturing and Distribution found that 58% of manufacturers rated their optimism about business prospects over the next six months at a seven or higher on a scale of one to 10. At the same time last year, more than 80% of manufacturers rated their optimism at a seven or higher. And just three months ago, nearly 70% of manufacturers rated their optimism at a seven or higher.
When asked what factors have contributed to the decline in optimism, nearly one quarter (22%) of manufacturers cited inflation and economic decline. The report found that 100% of respondents said they have experienced an increase in material cost in the last 12 months, and all but 1% made the decision to pass price increases on to customers. The majority of respondents (69%) are passing 50% to 100% of increased material costs on to customers.
At the same time, demand has increased for two-thirds of manufacturers, and companies are struggling to keep up. Half of companies with revenue under $100 million reported being unable to keep up with their current demand, and 70% of respondents from companies with more than $100 million in revenue said they are unable to keep up with demand. Unsurprisingly, more than 40% of manufacturers cited supply chain challenges as the reason they cannot meet demand, while 39% cited employee shortages.
"Given current economic trends, it's understandable that manufacturers' optimism is declining," said Jerry Murphy, partner-in-charge of manufacturing and distribution services at Sikich. "Yet, increased demand offers some promising news. To keep up, business leaders should diversify their material suppliers and challenge logistics providers to find ways to tighten delivery times. And, to address employee shortages, companies must revisit their talent strategies and implement comprehensive recruitment and talent development programs."
Talent acquisition was the third-most common reason manufacturers cited for their decreased optimism. Further, nearly 40% of survey respondents reported employee shortages a factor contributing to challenges meeting demand.
One way to attract more talent is to offer sign-on bonuses to shift workers. Currently, only 28% of manufacturers offer sign-on bonuses, according to the Sikich report. But, of those companies, nearly half (45%) say the bonuses are helping them attract more talent. The majority of manufacturers offering sign-on bonuses are offering between $500 and $1,500, and require new hires to stay with the company for 4 to 12 weeks before receiving the bonus.
"Just as manufacturers are struggling with inflation, so are the individuals companies are trying to hire," said Laura Fischer, a managing director on Sikich's human capital management and payroll consulting team. "A sign-on bonus can be a useful tool for companies with hiring challenges amid the labor shortage. For example, it can help a manufacturer attract more job applicants to a role that requires high-demand skillsets. Though, in addition to implementing a sign-on bonus, manufacturers competing for talent must also prioritize their recruitment strategy, training programs and workplace culture to attract and retain top talent."
Sikich surveys manufacturers and distributors multiple times throughout the year on a range of business topics to create industry benchmark data. In June, Sikich surveyed more than 100 executives from manufacturing and distribution companies across sectors including industrial equipment, wholesale and distribution, metal fabrication, food and beverage, apparel, footwear and textiles, and transportation. View the latest Sikich Industry Pulse: Manufacturing and Distribution report here.
Sikich LLP is a global company specializing in technology-enabled professional services. With more than 1,400 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies and ranks as one of the largest CPA firms in the United States. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services* and products to help them improve performance and achieve long-term, strategic goals.
*Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC. Investment advisory services offered through Sikich Financial, an SEC Registered Investment Advisor.
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SOURCE Sikich | https://www.kxii.com/prnewswire/2022/08/22/manufacturers-optimism-declines-amid-rising-inflation-continued-supply-chain-challenges-report-finds/ | 2022-08-22T13:24:14Z |
A leading registered investment advisory firm is making available its team of financial planners and network of attorneys and tax professionals…for FREE!
WHEATON, Ill., June 1, 2022 /PRNewswire/ -- To support and encourage anyone taking that first step in preparing or modifying their financial plan, Fairhaven Wealth Management is hosting a pro bono financial planning day on Thursday, June 16th.
"Anyone who thinks financial planning is only for the wealthy or those approaching retirement has it backwards. Financial planning can be an important component to get you started on the path to building wealth and hitting goals like paying for college, buying that first car or house, and setting yourself up for retirement.", said Marc Horner, Founder and CEO Fairhaven Wealth Management. "Financial literacy needs improvement. But we also need to improve financial planning accessibility to help people get started sooner."
A recent survey by LendingTree of more than 2,000 U.S. consumers revealed disturbing emotional responses to the financial challenges of the pandemic:
- More than 4 out of 10 Americans have cried about money during the pandemic; 84% of those who cried about money did so more than once.
- Regardless of income level, the top reasons for crying over money were job or income loss (42%), not being able to provide for their family (33%) and too much debt (31%).
- Few people took action; of those that reported crying during the pandemic, less than 1 in 5 created a plan to tackle the financial issues they worried about.
"Writing down and visualizing your goals + a public commitment + ongoing accountability greatly improves your chances of hitting your goals. But taking action is the single most important step.", said Marc Horner. "Making planning resources available for free is one way Fairhaven is trying to help more people take control of their financial futures."
For more information on Fairhaven's Pro Bono Financial Planning Day, including scheduling your timeslot, visit: https://www.fairhavenwealth.com/event-details/pro-bono-financial-planning-day-june-16th
Earlier this year, Fairhaven Wealth Management was named by Inc. Magazine as the top financial planning employer in the entire state of Illinois: https://www.inc.com/best-workplaces/2022. Fairhaven was one of only seven financial planning employers across the entire United States to be recognized by Inc.
Today the Fairhaven team serves more than 450 clients across the country. For more information, visit www.fairhavenwealth.com.
Fairhaven is an independent, privately-owned SEC-registered investment and wealth management firm. Our values are summed up in the Fairhaven Way /fair•haven/: 1. Listen more than we speak 2. Provide unbiased financial advice 3. Tailor strategies to client goals 4. Deliver prudent investment management 5. Focus on tax efficiency 6. Remain disciplined in a world of uncertainty 7. Communicate candidly & consistently. To learn more, visit www.fairhavenwealth.com. Or follow the firm on LinkedIn, Facebook, Instagram, or Twitter.
LendingTree commissioned Qualtrics to conduct an online survey of 2,050 U.S. consumers from Aug. 2-6, 2021. The survey was administered using a non-probability-based sample, and quotas were used to ensure the sample base represented the overall population. All responses were reviewed by researchers for quality control.
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SOURCE FAIRHAVEN WEALTH MGMT LLC | https://www.kxii.com/prnewswire/2022/06/01/fairhaven-wealth-management-launches-pro-bono-financial-planning-day/ | 2022-06-01T20:10:05Z |
Corporate attorney James Repking will replace outgoing General Counsel Stanton Towne, who retires after 14 years of service
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Savills has named James Repking its general counsel in North America, effective August 1. Repking, formerly associate general counsel, will succeed retiring General Counsel and Executive Vice President L. Stanton Towne. Repking will relocate to the company's North American headquarters in New York and work closely with the firm's CEO and its president, providing strategic planning advice and guidance regarding all legal matters and services for Savills.
"With significant in-house and private practice experience, James has established himself as an invaluable member of our internal legal team," said Mitchell E. Rudin, chairman and CEO, Savills. "In a short time, James has demonstrated his ability to advance our strategic priorities and thoughtfully navigate complex issues. We are proud to have a professional of his caliber in the role and join the firm's leadership group."
Repking, an accomplished attorney with 20 years of legal expertise, joined Savills in 2021. He brings deep knowledge of corporate and commercial law and the real estate brokerage industry. Before Savills, he spent 10 years at CBRE as senior counsel based in Los Angeles. Prior to that, Repking spent nearly eight years as an associate with the national real estate law firm Cox, Castle & Nicholson and another three years with the multinational law firm Latham & Watkins. He holds a JD from the University of California, Berkeley.
"I've enjoyed working with the firm's management and my colleagues in the legal department and am glad to be leaving Savills North America in capable and experienced hands," said Towne.
Towne joined the company in 2008 after a career as one of the leading real estate leasing lawyers in North America. He was previously a partner at McDermott Will & Emery and at Towne, Dolgin, Sawyier & Horton, a firm he co-founded and co-managed for eight years.
"Stan cemented his legacy at Savills long ago, and the foundation he built within our legal team will benefit this firm for years to come. His expertise and diligence have helped guide us through business acquisitions and growth initiatives," said David Lipson, president, Savills. "I'd like to thank Stan for his exceptional leadership, countless contributions and unwavering dedication to this company and our people and clients."
Savills has more than 40 offices and 900 employees across the United States and Canada. The global real estate advisory firm provides local and international clients with an integrated platform of services and solutions encompassing tenant representation, workplace strategy, capital markets, workforce and incentives strategy, labor analytics, project management and additional areas of commercial real estate.
Savills helps organizations find the right solutions that ensure employee success. Sharply skilled and fiercely dedicated, the firm's integrated teams of consultants and brokers are experts in better real estate. With services in tenant representation, workforce and incentives strategy, workplace strategy and occupant experience, project management, and capital markets, Savills has elevated the potential of workplaces around the corner, and around the world, for 160 years and counting.
For more information, please visit Savills.us and follow us on LinkedIn, Twitter, Instagram and Facebook.
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SOURCE Savills | https://www.kxii.com/prnewswire/2022/08/02/savills-north-america-appoints-new-general-counsel/ | 2022-08-02T16:29:20Z |
Kids playing with loaded gun leads to fatal shooting of 14-year-old girl, sheriff says
HANCOCK COUNTY, Miss. (WLOX/Gray News) - A 14-year-old girl died in what authorities call an unintentional shooting after a group of kids were playing with a loaded gun.
WLOX reports Hancock County Sheriff Ricky Adam said the shooting occurred earlier this week at a duplex in the Bayside Park community.
According to the sheriff, a 10-year-old and a 15-year-old walked over to a 14-year-old girl and her 10-year-old brother’s home to hang out.
The two kids who were visiting reportedly brought two guns with them, and all four kids then went into a bedroom, according to police.
The sheriff said the guns ended up on a bed when one of the kids picked one up. Thinking it was empty, the juvenile pointed the weapon toward the 14-year-old girl and pulled the trigger.
A shot was fired, and a bullet struck the girl below her left eye. She died instantly, according to the sheriff.
Authorities later identified the teen killed as Alexis Sky Pierson.
The sheriff said the investigation has determined the shooting was not intentional. But the case will be taken to Hancock County Youth Court to decide any charges in the incident.
No adults are currently charged with any crime. However, the sheriff said it’s too soon to tell if any future charges will be filed, and the investigation is ongoing.
Kolby Sims, a neighbor, said he has lived near Pierson for over three years and was with another neighbor outside when the shooting happened. He said they heard a loud thud and thought the children dropped something before all the kids started running out.
Sims said the neighborhood kids often play together, including his younger brother. He said he was devastated once he found out a gunshot caused the noise.
“It just made me sick to my stomach, especially so close to my little brother and me having a son of my own. It hits different,” Sims said.
Alexis’ great-grandmother Polly Boswell described the teen as an angel who loved her family and had the biggest heart.
“She’s been special since she was little. I can’t really describe what it was about her. It’s like she just shined with love. " Boswell said. “There was just something about her that you knew that she was special.”
Alexis, also known as Lexi, was a sixth-grade student at Hancock Middle School. The school district released a statement Wednesday afternoon expressing their profound sadness:
“We extend our sympathy and prayers to the family during this difficult time,” the statement read. “Today, counselors, teachers and other support staff have been, and will continue to be, available to students, staff, and parents. How children react in these situations varies. Children may ask questions about death, be sad or afraid. We encourage parents to listen to their children and if they want to talk, answer his or her questions simply and honestly.”
Copyright 2022 WLOX via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/07/kids-playing-with-loaded-gun-leads-fatal-shooting-14-year-old-girl-sheriff-says/ | 2022-04-07T20:22:14Z |
NASHVILLE, Tenn., May 18, 2022 /PRNewswire/ -- Maestro Igor Babailov, world-renowned American portrait artist to three Popes, world leaders, presidents and prime ministers, Fortune 500 CEOs, Noble Prize Laureates, royalty, celebrities, and distinguished individuals, was awarded the Ellis Island Medal of Honor from the Ellis Island Honors Society (EIHS) 35th Anniversary at Ellis Island on May 15, 2022, in NYC. He was selected for his outstanding leadership and achievements in arts and culture and philanthropic and humanitarian contributions to our nation. The U.S. Senate and House of Representatives have officially recognized the Ellis Island Medals of Honor, and each year the recipients are listed in the Congressional Record. To see the full list of 2022 recipients, please visit: http://medalists.eihonors.org/.
According to EIHS chairman Nasser Kazeminy, in his opening remarks: This year's distinguished medalists come from a range of industries and backgrounds. We honor them, not for where they came from, but for what they bring to our great nation. Each of them represents a thread from which the fabric of this great nation is woven. A fabric rich in color and diversity and incapable of being torn apart.
About the Ellis Island Honors Society
Since the Medal was founded in 1986, EIHS has honored distinguished and diverse Americans including eight Presidents of the United States; Nobel Prize recipient Elie Wiesel; Generals Norman Schwarzkopf and Colin Powell; Justice Ruth Bader Ginsburg, Secretaries of State Madeline Albright, Condoleezza Rice, and Hillary Clinton; Albert II, Prince of Monaco; Bob Hope; Muhammad Ali; Frank Sinatra; Rosa Parks; Mike Wallace, and Oscar-winning actress Rita Moreno and many others. The evening's event culminated with the honorees being ferried back to Manhattan with fireworks that lit up the sky over the Statue of Liberty, a tribute to the Chairman and the medalists.
About Maestro Igor Babailov
Igor Babailov, Hon.RAA, KStA, MFA(PhD), D.Litt. (Hon.Causa) is a world-renowned American portraitist, Honorary Academician of the Russian Academy of Arts (est.1757) and one of the most sought-after portrait artists today. Knighted Chevalier of the Order of St. Anne, he is a Distinguished Fellow at Catholic University of America and received an Honorary Doctorate from Cumberland University.
He has painted over 2,000 commissioned portraits including Presidents, Prime Ministers, royalty and three Popes for the Vatican. His George Washington portrait hangs in Mount Vernon Museum. The Vatican Curator acknowledged Babailov as Maestro for his portrait of Pope Benedict XVI, selected by the Pope for the Vatican Splendors Museum Tour, where it hung alongside the works of Michelangelo, Giotto, Bernini, and other Renaissance Masters. He was the only living artist in the exhibition. Other honors include the Vatican Pontifical Medal, George Washington Presidential Coin; Award for Excellence from General David Petraeus and the Joe DiMaggio Official Major League Baseball Award presented at Yankee Stadium.
Maestro Babailov's philanthropic endeavors support children's health, STEM for kids of diversity, special needs, veterans with PTSD, and other causes. He is a scholar, philosopher, master teacher, author, and is also known for his original grand-scale multi-figure masterworks such as his soon to be released humanitarian epic painting, MERCY. His mid-south studio is in Nashville, TN. www.Babailov.com
Photo Credit: (Photo by Noam Galai/Getty Images for Ellis Island Honors Society)
Contact: marycalia@bellsouth.net
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SOURCE Igor Babailov | https://www.wibw.com/prnewswire/2022/05/18/celebrity-portrait-artist-maestro-igor-babailov-awarded-ellis-island-medal-honor-one-nations-most-prestigious-awards/ | 2022-05-18T15:38:32Z |
HOUSTON, June 7, 2022 /PRNewswire/ -- Enchanted Rock, the leading provider of electrical resiliency-as-a-service, announced the hiring of three new executives to its growing team: Sanjeev Kumar joins as Chief Financial Officer (CFO), Paul Froutan as Chief Technology Officer (CTO), and Jayesh Goyal as Chief Revenue Officer (CRO). Together, they will help lead Enchanted Rock in powering companies, critical infrastructure, and communities to ensure operational continuity during unexpected power outages.
"As we look towards our continued growth, we are focused on building a team that represents the character and integrity we value so much at Enchanted Rock," said Thomas McAndrew, CEO of Enchanted Rock. "We are very excited to welcome Sanjeev, Paul, and Jayesh to our team. As part of the leadership team, they will play a critical role in guiding our growth in the coming years."
Sanjeev Kumar joins as CFO, bringing with him extensive expertise from the energy industry with the majority of his career in cleantech and renewable energy. Sanjeev spent a decade at Occidental Petroleum and has previously served as CFO in both public and private energy companies. He has completed two successful IPOs - Enphase Energy and Terraform Power, which is now a part of Brookfield Renewable, and has raised significant financing globally including through VC funding, debt, and equity capital issuances in private and public markets as well as structured and project financings.
"As a veteran of the energy industry, Enchanted Rock's mission of providing energy resilience is one that resonated strongly with me," said Kumar. "Enchanted Rock is leading the way in providing the most reliable, affordable, and sustainable power solution for businesses which has helped build incredible momentum, and I'm looking forward to building on this positive trajectory."
Enchanted Rock's previous CTO, Ian Blakely, has moved up to Chief Strategic Officer, and is now responsible for overseeing the planning and development of corporate strategy and new product offerings, as well as leading corporate development activities. Paul Froutan, Enchanted Rock's new CTO, previously led Google's Global Data Center Operations. At Google, he was responsible for designing, building, and managing their worldwide data center and server operations. He also served as the Vice President of Engineering for Rackspace, where he built a team that pioneered the launch and operations of their data centers, IP network, cloud, and other key managed services. Paul also served as CFO and COO of Xenex Disinfection Services.
"In my previous roles in the data center space, maintaining resilience to unexpected outages was paramount," said Froutan. "I'm excited to offer my expertise in this space as well as across all industries to expand our business. The energy resiliency industry is experiencing incredible growth, and I couldn't be happier to be in a position to support the leading role that Enchanted Rock plays."
With over 25 years of experience in commercial leadership roles in the energy and telecommunications industries, Jayesh Goyal joins Enchanted Rock as its CRO. Prior to Enchanted Rock, Goyal was Senior Vice President of Sales and Marketing for Aggreko's Rental Solutions business, and CEO of Younicos, an energy storage startup acquired by Aggreko in 2017. He has also led sales organizations in the utility scale solar market, as well as in the telecom industry.
"Enchanted Rock has doubled in size in recent years, and as a testament to this growth, will be moving headquarters to a new campus in 2023," said Goyal. "Building on this success and continuing the exponential growth will be an exciting challenge, and I look forward to expanding our customer base and the segments we serve. The fact that the organization is so mission driven is an additional bonus, as we can support businesses, and municipalities nationwide in maintaining power."
Founded in 2006, Enchanted Rock is the national leader in electrical resiliency-as-a-service, powering companies, critical infrastructure and communities to ensure business continuity during unexpected power outages from extreme weather, infrastructure failures, cyberattacks and other grid disruptions. Enchanted Rock's electrical microgrids use natural gas and renewable natural gas (RNG) offsets to produce significantly lower carbon emissions and air pollutants than diesel generators, capable of achieving resiliency with net-zero emissions. Additionally, the company's end-to-end microgrid software platform, GraniteOS™, provides real-time 24/7/365 system monitoring and optimization, including forecasting of electricity market conditions to ensure worry-free reliable power to customers. For more information, please visit www.enchantedrock.com or visit Twitter or LinkedIn.
Media Contact
Carlos Villacis
enchantedrock@antennagroup.com
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SOURCE Enchanted Rock, LLC | https://www.mysuncoast.com/prnewswire/2022/06/07/enchanted-rock-appoints-three-new-executives-strengthen-its-position-energy-sector/ | 2022-06-07T11:35:47Z |
(NEXSTAR) – People go nuts for doughnuts, especially on National Doughnut Day.
First celebrated in 1938, National Doughnut Day was organized by the Salvation Army to celebrate the volunteers who traveled overseas during WWI to provide support for the troops, sometimes by frying up doughnuts on the front lines. These “Donut Lassies,” as they came to be known, helped to popularize the treat among returning GIs, according to the Salvation Army.
Today, National Doughnut Day is celebrated every year on the first Friday in June (and also, somewhat strangely, in early November). Despite all the empty calories, there’s a whole lot to celebrate too: The doughnut has had a long, interesting history in the United States.
Curious to know why doughnut boxes in movies are always pink? Or how they came to be associated with police? Here’s a dozen things you might not have known about one of America’s favorite treats.
- Matt Groening, the creator of “The Simpsons,” once revealed to Entertainment Weekly that Homer’s snack of choice was a doughnut because Groening’s own father, who was also named Homer, was a big fan. “Homer originated with my goal to both amuse my real father, Homer, and just annoy him a little bit,” Groening said in the 2010 interview. Groening admitted that Homer Simpson shared no other attributes with his real father, who was an “athletic, creative, intelligent filmmaker.”
- There’s a reason we associate police officers with doughnuts, and it’s not as silly as comedians would have you believe. Cops working the graveyard shift in the middle of the 20th century had few options for late-night or early-morning meals, but most doughnut shops and bakeries would start making their goods before the sun came up. “They could pack lunch, pray for an all-night diner on their beat, or fill up on doughnuts,” said Norm Stamper, the former chief of the Seattle Police Department, as quoted in “The Donut: History, Recipes and Lore from Boston to Berlin” by Michael Krondl. “Doughnuts usually won out,” he said.
- Speaking of cops and doughnuts: In 2013, amid the aftermath of the Boston Marathon Bombing, the Boston Police Department specifically requested that several Dunkin’ locations remain open despite an area-wide lockdown, specifically so they could feed officials who were out hunting the second suspect. “At the direction of authorities, select Dunkin’ Donuts restaurants in the Boston area are open to take care of needs of law enforcement and first responders,” a spokesperson for the chain said at the time, as reported by Boston.com. Those locations provided coffee and food to police and first responders free of charge.
- Doughnut boxes are often depicted as being pink in television or movies because pink doughnut boxes are common in Southern California, where most of those shows or films are made. “Any time you see a movie or sitcom set in New York and a pink doughnut box appears, you know [filming] obviously took place in L.A.,” one of the box manufacturers told the Los Angeles Times in 2017.
- Another thing about pink doughnut boxes: Those boxes likely became ubiquitous in Southern California thanks to Cambodian refugee Ted Ngoy and his protegee Ning Yen, according to the L.A. Times. Stories differ, but relatives and local businesspeople agree that either Ngoy or Yen (or both) asked their supplier for a more affordable alternative to the then-standard white boxes. Pink was cheaper, and it soon became the color of choice for other Cambodian immigrants who opened their own doughnut shops in Southern California. (Yen’s son offered a different explanation to the L.A. Times, claiming that his father originally wanted red boxes — red being a symbol of good fortune — but “the mills kept sending it back pink.”)
- Elvis Presley only did one commercial during his career, singing the jingle for Southern Maid Donuts in 1954. “You can get them piping hot after 4 P.M., you can get them piping hot,” he sang. “Southern Maid Donuts hits the spot, you can get them piping hot after 4 P.M.” According to the company, Presley became a fan of Southern Maid Donuts while appearing at the Louisiana Hayride Show in Shreveport, and even “frequented” the local shop while he was there.
- Despite persisting rumors to the contrary, President Kennedy did not tell the crowds in West Berlin that he was a “doughnut” during his famous “Ich bin ein Berliner” speech in 1963. It’s true that “Berliner” can be interpreted as “jelly doughnut” in certain contexts (mostly outside of Berlin), but Kennedy was correct in his usage of the term in conveying that he was a resident of Berlin in spirit, The Atlantic reported. The speech was also reviewed beforehand for accuracy by Robert Lochner, a Berlin-born chief German interpreter for the United States, as well as the mayor of Berlin, according to Snopes.
- Krispy Kreme’s history dates back to 1933, but it wasn’t until 1937 that its shops began selling doughnuts directly to customers. As the story goes, Krispy Kreme founder Vernon Rudolph was selling his doughnuts wholesale to grocery stores during the first few years, but the demand from passersby outside of his North Carolina shop convinced him to cut a hole in the wall and begin selling to customers on the sidewalk.
- The doughnut hole treats at Dunkin’ and Krispy Kreme, the two leading doughnut chains in the U.S., are not produced by traditional methods (i.e., by punching a hole from the center of uncooked dough, and then frying the resulting “rings” and the “holes” separately). Both chains currently make their doughnuts by pressing out the dough in rings — and not circles — meaning there’s no need to punch any “holes” in the dough, and therefore no excess “hole” portion to use for the specific purposes of making Munchkins or doughnut holes.
- There are more doughnut shops in Canada, per capita, than any other nation on the planet — and the residents of Canada eat more doughnuts than anyone else, the Canadian Broadcasting Corporation once reported. It’s likely this statistic remains accurate today. Canada’s largest restaurant chain is the Tim Hortons coffee-and-doughnut shop, which, by its own account, is visited by 80% of Canadians “at least once a month.”
- Our neighbors to the north may consume the most doughnuts per capita, but America is no slouch, either — especially in the Northeast. A recent study conducted by BestPlaces.net determined that the Providence-Warwick metro area in Rhode Island had the most doughnut shops per capita of anywhere in the country, followed by metro areas in Massachusetts, Connecticut, Pennsylvania and New York. In fact, only one major region from outside the Northeast cracked the study’s “Top Ten Donut Cities” list: the Dallas-Fort Worth-Arlington metro area, which came in at No. 9.
- The Salvation Army still celebrates National Doughnut Day. Past events have included fundraisers, special deliveries to veterans, doughnut drop-offs to first responders and frontline workers, and other charitable nationwide events. For those who want to participate, the Salvation Army suggests frying up a batch using the original “Donut Lassies” recipe and then sharing the sweets with “whomever needs them most.” | https://cw33.com/news/nexstar-media-wire/national-doughnut-day-a-dozen-tasty-tidbits-you-never-knew-about-doughnuts-2/ | 2022-06-03T13:12:48Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Pegasystems Inc. ("Pegasystems" or the "Company") (NASDAQ: PEGA). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Pegasystems and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 29, 2020, Pegasystems was sued by one of its principal competitors, Appian Corporation ("Appian"), in Virginia circuit court, alleging that Pegasystems had stolen Appian's trade secrets and violated Virginia's computer crime law. Then, on May 9, 2022, Pegasystems disclosed that the Virginia circuit court jury awarded Appian more than $2 billion for Pegasystem's misappropriation of trade secrets. According to press reports, during the seven-week trial, the jury was presented with substantial evidence supporting Appian's claims, including videos, emails, and text messages, and evidence that Alan Trefler, Pegasystem's Founder and Chief Executive Officer, personally attended a meeting in which Appian trade secrets were provided to Pegasystems. The jury found that Pegasystems engaged in "willful and malicious" misappropriation of Appian's trade secrets.
On this news, Pegasystem's stock price fell $13.68 per share, or 20.75%, to close at $52.25 per share on May 10, 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.kxii.com/prnewswire/2022/06/28/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-pegasystems-inc-pega/ | 2022-06-28T02:48:31Z |
A myriad of cutting-edge treatments including Ozone, Stem Cell, and Exosomes Therapies are now available at the award-winning resort
MAUI, Hawaii, May 4, 2022 /PRNewswire/ -- Four Seasons Resort Maui at Wailea is redefining the wellness travel experience in collaboration with Next|Health, a revolutionary health optimization and longevity center. Through customizable and cutting-edge methodologies tailor made to enhance each guest's vitality, Next|Health's team of professionals are able to offer premium white-glove wellness for travelers seeking an upgraded spa experience.
Now, wellness seekers searching for a boost during their vacation can do so through the luxury resort's new slate of offerings including Ozone Therapy, Stem Cell Therapy, and Exosomes Therapy, ranging in price from $1,200 - $12,000. These new advanced therapies build upon the resort's existing suite of services from Next|Health including NAD+ IV Drips, IV Therapy Drips, a Selection of Vitamin Shots, and Biomarker Wellness Testing for guests and visitors in search of further amplifying their wellness experiences.
Providing accessible wellness services through cutting edge technology, Four Seasons Resort Maui is embracing the future of wellness travel through an integrative wellness program.
"What makes the program stand out is that these high-level treatments can be accessed in the serene setting of a luxury resort," explains Four Seasons Resort Maui Senior Spa Director Pat Makozak. "More than ever, our guests are seeking advanced results-driven treatments. Our collaboration with Next|Health allows us to continue to push forward as leaders in the wellness travel space."
Four Seasons Resort Maui, Next Health's new services include:
- Ozone Therapy: Involving the separation and oxygenation of blood, this process encourages bio-rejuvenation, which may promote whole-body healing, creating feelings of revitalization and readiness to reach new heights.
- Stem Cell Therapy: Stem cells are called the "conductors" of cell communication. According to research, they can help orchestrate and improve cell communication, optimizing the efficiency of a variety of bodily processes, which may improve overall vitality.
- Exosomes Therapy: Exosomes are proteins that are considered "the brain" of stem cells. These powerful proteins are vital in cell communication, meaning they can help improve a variety of bodily functions. Optimized cell communication may produce feelings of rejuvenation and readiness to take on any challenge.
"It's no surprise that Four Seasons Resort Maui is creating yet another revolutionary experience by taking wellness to the next level," says Next Health Co-Founder and President, Kevin Peake. "It's an honor for Next|Health to be able to deliver these cutting-edge regenerative services here at Four Seasons Resort Maui."
Next|Health's wellness services are available for adults aged 18 to 69 years old at Four Seasons Resort Maui, subject always to the medical evaluation of each guest by an appropriate healthcare provider.
For more information, visit the website here. Appointments are required and can be booked by calling the Resort at (808) 874-8000.
About Four Seasons Resort Maui at Wailea
Maui's legendary Forbes Five-Star resort is nestled on 15 acres of the breathtaking Wailea Coast. The 383-room oceanfront property is world-renowned for its comfortable opulence, impeccable service, luxurious amenities, and for living in harmony with its environment and community. The resort in Maui is also home to one of the nation's top-rated spas committed to wellness and three of Hawai'i's most acclaimed restaurants—Ferraro's Bar e Ristorante, Spago Maui and DUO Steak and Seafood. This sophisticated home away from home caters to the needs and interests of all generations—offering world-class outdoor adventures and one-of-a-kind Unforgettable Experiences, cultural activities, a museum-quality art collection, three pools overlooking the azure-blue Pacific Ocean including an adults-only Serenity Pool with exclusive Missoni-designed cabanas, and more. Four Seasons Resort Maui, a Hawaiian vacation destination geared to action adventurers, those guests wishing to practice the fine art of doing nothing at all, and everyone in between. For more information, please visit https://www.fourseasons.com/maui/
About Next|Health - Your partner for vitality, longevity, and personalized health
Next|Health champions modern, proactive healthcare with its state-of-the-art Health Optimization and Longevity Centers. Beautifully designed locations in Los Angeles and New York provide its members and guests with a convenient one-stop access to the future of wellness technology and sets the highest standard in advanced medical services such as: Hyperbaric Oxygen Chambers, IV Therapy, Specialized Biomarker Testing, Infrared Therapy, Cryotherapy, Hormone Optimization, NAD+ Therapy, and Aesthetics. Members and guests also receive personalized care and guidance on how to take charge of and optimize their health from an expert, knowledgeable team that cares. It is the brand's core belief that health is the abundance of vitality, not the absence of disease. For more information, please visit www.next-health.com.
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SOURCE Four Seasons Resort Maui | https://www.mysuncoast.com/prnewswire/2022/05/04/new-wave-nexthealth-wellness-lands-shores-four-seasons-resort-maui/ | 2022-05-04T10:36:17Z |
Reaction to the death of Hall of Fame quarterback and broadcaster Len Dawson:
“With wife Linda at his side, it is with much sadness that we inform you of the passing of our beloved Len Dawson. He was a wonderful husband, father, brother and friend. Len was always grateful and many times overwhelmed by the countless bonds he made during his football and broadcast careers. He loved Kansas City and no matter where his travels took him, he could not wait to return home.” — Dawson family statement.
“My family and I are heartbroken. Len Dawson is synonymous with the Kansas City Chiefs. Len embraced and came to embody Kansas City and the people that call it home. You would be hard-pressed to find a player who had a bigger impact in shaping the organization as we know it today than Len Dawson did. I admired Len my entire life — first as a Hall of Fame player on the field, and later as he transitioned into a successful broadcasting career. Throughout his remarkable career, Len made it a priority to give back to the community that he loved. The franchise has lost a true legend. Our thoughts and prayers go out to Linda and his family.” — Chiefs owner Clark Hunt.
“RIP to the legend Len Dawson. The legacy and impact you made on Kansas City will live on forever. Prayers to his family.” — Chiefs quarterback Patrick Mahomes.
“Len grew up only a few miles from where the Pro Football Hall of Fame later was built, and fans in the area have always taken a special pride in seeing one of the greats from this region enshrined in Canton. Fans connected with Len’s story of perseverance, appreciating how he gave the game one more try after five nondescript seasons when many others would have quit. The American Football League, and Hall of Fame coach Hank Stram, gave Len a true opportunity, and he made the most of it, building the Chiefs into a Super Bowl contender, and eventually a world champion. Our thoughts and prayers extend to his wife, Linda, and to all of Len’s family and friends in Kansas City and in Alliance, Ohio. The flag at the Pro Football Hall of Fame will be flown at half-staff in his honor.” — Hall of Fame president Jim Porter.
“Len Dawson is an American legend, a Super Bowl champion, a world class broadcaster, and will forever be among the most important and beloved figures in our city’s history. The Royals send sympathy and support to the Chiefs and the Dawson family.” — Statement from the Kansas City Royals, whose stadium sits adjacent to Arrowhead Stadium.
“Rest in peace, Len Dawson. One of Kansas City’s greatest on the field, in broadcasting and in our community. My thoughts are with his wife, Linda, his family, and the many friends he made over a tremendous lifetime.” — Kansas City, Missouri mayor Quinton Lucas.
“My thoughts & prayers go out to the family and loved ones of legendary QB Len Dawson. Everyone that has ever been a part of Chiefs Kingdom knows his impact on the field and in the community. I’m thankful for the great memories I had with him during my time in KC. He’ll be missed.” — Former Chiefs quarterback Matt Cassel.
“We lost a true legend and wonderful human being Chiefs nation with the passing of Len Dawson. HOF QB, broadcaster and all-around great guy. RIP brother!” — Former NFL quarterback and TV analyst Rich Gannon.
“So sad to hear of the passing of Len Dawson. Lenny was a fantastic QB! Also had a tremendous career as a broadcaster. Was a class act. Rest In Peace my friend.” — Former NFL quarterback and broadcaster Ron Jaworski.
“Kansas City lost a legend in Len Dawson. Whether it was on the football field, in broadcasting or in our communities, his impact on our city will be remembered forever. My prayers are with his family, friends, and colleagues during this difficult time. May he rest in peace.” — U.S. Rep. Emanuel Cleaver.
“RIP Len Dawson. An amazing person who also was a HOF quarterback and a HOF broadcaster. Love and prayers to his family and friends.” — Former Chiefs quarterback and CBS analyst Trent Green.
___
More AP NFL: https://apnews.com/hub/nfl and https://apnews.com/hub/pro-32 and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/ap-reaction-to-the-death-of-hall-of-fame-qb-len-dawson/ | 2022-08-25T12:09:01Z |
Leading Stretching Concept Kicks off Countdown to 200 Locations with Expansion in Severna Park and Potomac
POTOMAC, Md., June 16, 2022 /PRNewswire/ -- Stretch Zone, the world's first and largest practitioner-assisted stretching franchise, announced today the addition of two new studios in Maryland: Potomac, located at 7901 Tuckerman Lane open on June 13, and Severna Park, situated at 550 Governor Ritchie Hwy., opening on June 20.
With three established locations currently in Maryland, the additional studios come at an impressive time for the brand. Occurring two weeks before its 200th studio opening, Stretch Zone's momentum is continuing to skyrocket. Each studio provides local residents with proprietary, practitioner-assisted stretching sessions to help enhance their quality of life.
"Our model is proven time and time again with the countless success stories of clients' lives being positively changed — it simply cannot be duplicated. Chiropractors and healthcare professionals alike swear by our patented methodology," said Tony Zaccario, CEO at Stretch Zone. "There's a reason why we offer our first stretch free for all clients — once they see the first-hand benefits of Stretch Zone, they are hooked."
Using principles of neuromuscular behavior, each 30-minute practitioner-assisted stretching session at Stretch Zone is designed to improve circulation and create a more ideal resting muscle tone. Whether someone is an athlete or looking to improve their mobility so they can spend quality time with their grandchildren, Stretch Zone is customized to meet everyone's personal needs and goals. Practitioners are nationally accredited through an internally developed training and qualification program to ensure a valuable experience to its clients.
Stretch Zone offers franchisees a full range of programs and accreditations. The Stretch Zone franchise opportunity differentiates itself with a simplistic, franchisee-first business model backed by a science-based, patented stretching system. In 2021, the brand partnered with Drew Brees, who sits on the Board of Directors, which strategically positions Stretch Zone to continue its stature as a leader in the industry.
For more information about the Stretch Zone studios in Severna Park and Potomac, visit www.stretchzone.com/locations/severna-park/ and www.stretchzone.com/locations/potomac/.
Stretch Zone is the leading franchised stretching concept that offers proprietary, practitioner-assisted stretching sessions to help clients achieve enhanced quality of life. It was founded by Jorden Gold in 2004 after seeing the first-hand benefits assisted stretching brought to his grandfather. With a steady cadence of location openings, Stretch Zone is on the Road to 200, a milestone they will hit in late June. The brand has set a goal to reach 300 locations within one year of hitting the 200-location mark. As a pioneer within the health and wellness space, Stretch Zone uses its patented Stretch Zone Stabilization System to aid in increased mobility and muscle function. The system enables clients to accomplish Flex-ability for Life® with processes to train muscles to move with a greater range of motion, allowing for an easier golf swing or comfortable night's rest. Clients are welcomed into Stretch Zone by nationally accredited practitioners, a relaxing atmosphere and secure equipment. For more information about Stretch Zone, visit www.stretchzone.com.
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SOURCE Stretch Zone | https://www.mysuncoast.com/prnewswire/2022/06/16/stretch-zone-reaches-across-maryland-with-192nd-193rd-studio-openings/ | 2022-06-16T18:46:03Z |
GÖTEBORG, Sweden, April 22, 2022 /PRNewswire/ -- First quarter
- Sales of SEK 752 (379) million, corresponding to an increase of 98% in SEK whereof currency effect 13%, acquired growth 74% and organic growth 11%.
- Consumables increased sales by 26% in SEK, Technologies by 4% in SEK, and Genetic Services contributed with sales of SEK 304 million.
- Strong growth in all market regions: Americas 255%, EMEA 85%, Japan Pacific 21% and Asia 19% in local currencies.
- Operating income before depreciation and amortisation (EBITDA) was SEK 228 (163) million, corresponding to a margin of 30.4% (43.0). EBITDA per share increased 13%.
- Net income was SEK 82 (119) million, resulting in earnings per share of SEK 0.60 (1.09).
Pro forma - Sales, adjusted for discontinuing Covid business, increased by 18% in SEK, and 11% in local currencies.
- EBITDA margin of 30.4% (34.4%).
Gothenburg, April 22, 2022
VITROLIFE AB (publ)
Thomas Axelsson, CEO
Queries should be addressed to:
Thomas Axelsson, CEO, Tel: +46 31 721 80 01
Patrik Tolf, CFO, Tel: +46 31 766 90 21
This information is information that Vitrolife AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 8.00 am CET on April 22, 2022.
This information was brought to you by Cision http://news.cision.com
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SOURCE Vitrolife AB (publ) | https://www.mysuncoast.com/prnewswire/2022/04/22/vitrolife-ab-interim-report-january-march-2022-building-our-strong-growth-momentum/ | 2022-04-22T08:23:04Z |
YORK, Pa., July 21, 2022 /PRNewswire/ -- On July 21, 2022, the Board of Directors of Traditions Bancorp (OTC Pink: TRBK), parent company of Traditions Bank, declared a quarterly cash dividend of eight cents per common share. The dividend will be paid on August 15, 2022 to shareholders of record at the close of business on August 5, 2022.
Formed in 2002 with administrative headquarters in York, Pennsylvania, Traditions Bank operates seven full-service branch offices located in York, Hanover, and Lancaster, as well as a loan production office in Lemoyne, Cumberland County. With assets of $748 million as of March 31, 2022 and 170 associates, Traditions Bank provides depository and borrowing services to businesses and individuals located in south-central Pennsylvania. The Bank is a leading provider of residential mortgages and has been a Bauer Financial recommended financial institution for more than a decade.
To learn more about Traditions Bancorp, visit www.traditionsbancorp.com.
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SOURCE Traditions Bancorp, Inc. | https://www.kxii.com/prnewswire/2022/07/21/traditions-bancorp-announces-second-quarter-cash-dividend/ | 2022-07-21T22:04:20Z |
Brand-new products shine with ultra-large color displays and all-round health tracking
CUPERTINO, Calif., June 15, 2022 /PRNewswire/ -- Amazfit, a leading global smart wearables brand of Zepp Health (NYSE: ZEPP), has officially introduced its new generation of best-value smartwatches, the Amazfit Bip 3 and Amazfit Bip 3 Pro, which feature ultra-large color displays and all-round health functions. Following the slogan "Think Big, Think Bip," the new additions to the Amazfit Bip series are designed to inspire a productive, active and practical way of living.
EMBOLDENED DESIGN
Super-large Color Display
The Amazfit Bip 3 and Bip 3 Pro both feature an incredibly large 1.69" color display. Made from 2.5D tempered glass and covered in an anti-fingerprint coating, the super-large screen allows users to see all their notifications, like incoming calls, messages, reminders, and health and fitness data in pristine clarity.
Personalize the Watch Face
The Amazfit Bip 3 Series features a massive range of over 50 watch faces, some of which are customizable with editable widgets, all available for download in the Zepp App. Users can even enjoy the option to make their display unique by uploading their own photos, to freely express their personalities.
PRACTICAL SPORTS COMPANION
14-day Battery Life
The Amazfit Bip 3 Series is designed for maximum practicality. The smartwatches pack a powerful battery, with a 280 mAh rated value capacity, into their super slim and light body – which allows them to run for 14 days straight on one charge with typical usage.
High-precision Positioning
The Amazfit Bip 3 Pro has built-in GPS, and supports a total of 4 satellite positioning systems to help users track their movements with high precision, while the Amazfit Bip 3 supports connection to mobile phone GPS.
5 ATM Water-resistance
With a 5 ATM grade, the Amazfit Bip 3 Series can resist water-pressure equivalent to a depth of up to 50 meters, so users can enjoy a splash of fun in the water. The Bip 3 Pro even has an Open Water Swimming sports mode, made possible by the built-in GPS, that enables users to track their swimming data.
60+ Sports Modes
The Amazfit Bip 3 features 60 sports modes that allow users to track data for all different kinds of sports, including indoor and outdoor walking, running and cycling, as well as strength training, yoga, and other types of freeform training. While both smartwatches feature a Target Pace[1] function which allows users to set pace goals, the Bip 3 Pro is equipped with an additional Open Water Swimming mode for extra activity tracking.
COMPREHENSIVE HEALTH MANAGEMENT
Blood-oxygen Saturation Measurement
To help users easily understand their physical condition, both the Amazfit Bip 3 and Bip 3 Pro are equipped with a blood-oxygen saturation measurement feature that can provide a result in as fast as 25 seconds. Users can track their blood-oxygen whenever they feel uncomfortable or out of breath, for a real-time health check.
Sleep Better, Stress Less
The Amazfit Bip 3 Series tracks essential health data such as heart rate, stress level, sleep quality (including sleep stages and daytime naps), and female menstrual cycles. And when it detects a high level of stress, these smartwatches can even remind the user to take the built-in breathing exercise to help calm themselves.
PAI Health Assessment
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PRICING AND AVAILABILITY
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About Amazfit
Amazfit, a leading global smart wearables brand focused on health and fitness, is part of Zepp Health (NYSE: ZEPP), a health technology company. Offering a wide selection of smartwatches and bands, Amazfit's brand essence is "Up Your Game", encouraging users to live their passions and express their active spirits freely. Amazfit is powered by Zepp Health's proprietary health management platform that delivers cloud-based 24/7 actionable insights and guidance to help users attain their wellness goals. With outstanding craftsmanship, Amazfit smartwatches have won many design awards, including the iF Design Award and the Red Dot Design Award.
Launched in 2015, Amazfit is today embraced by millions of users. Its products are available in more than 90 countries across the Americas, and EMEA and APAC regions. For more information about Amazfit, visit www.amazfit.com. For more information about Zepp Health, visit www.zepphealth.com.
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Fiscal Year 2022 Financial Highlights
- Total revenues were $707.5 million, an increase of 19.2% compared to the comparable prior year period.
- Gross margin was 33.8%, compared to 36.8% for the comparable prior year period. Non-GAAP gross margin was 34.0%, compared to 36.8% for the comparable prior year period.
- Net income attributable to Hollysys was $83.2 million, a decrease of 7.3% compared to the comparable prior year period. Non-GAAP net income attributable to Hollysys was $94.2 million, a decrease of 5.5% compared to the comparable prior year period.
- Diluted earnings per share was $1.35, a decrease of 7.5% compared to the comparable prior year period. Non-GAAP diluted earnings per share was $1.53, a decrease of 5.6% compared to the comparable prior year period.
- Net cash provided by operating activities was $54.5 million.
- Days sales outstanding ("DSO") of 171 days, compared to 180 days for the comparable prior year period.
- Inventory turnover days of 58 days, compared to 51 days for the comparable prior year period.
Fourth Quarter of Fiscal Year 2022 Financial Highlights
- Total revenues were $182.1 million, an increase of 14.7% compared to the comparable prior year period.
- Gross margin was 33.7%, compared to 37.8% for the comparable prior year period. Non-GAAP gross margin was 33.9%, compared to 37.9% for the comparable prior year period.
- Net income attributable to Hollysys was $23.0 million, an increase of 4.9% compared to the comparable prior year period. Non-GAAP net income attributable to Hollysys was $24.7 million, a decrease of 12.0% compared to the comparable prior year period.
- Diluted earnings per share was $0.37, an increase of 2.8% compared to the comparable prior year period. Non-GAAP diluted earnings per share was $0.40, a decrease of 13.0% compared to the comparable prior year period.
- Net cash provided by operating activities was $38.8 million.
- DSO of 174 days, compared to 194 days for the comparable prior year period.
- Inventory turnover days of 73 days, compared to 47 days for the comparable prior year period.
See the section entitled "Non-GAAP Measures" for more information about non-GAAP gross margin, non-GAAP net income attributable to Hollysys and non-GAAP diluted earnings per share.
BEIJING, Aug. 12, 2022 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for fiscal year 2022 and the fourth quarter ended June 30, 2022. Dr. Changli Wang, the CEO and director of Hollysys, stated:
"We are delighted to report another fiscal year and the fourth quarter with solid financial and operational performance and firmly adhered to our tenet of automation for better lives, even under an unfavorable environment of the COVID-19 pandemic which constantly brings challenges. We are confident with our outstanding technologies, satisfactory services and established huge customer bases. Looking forward, Hollysys will unswervingly make progress based on the united efforts of our motivated and inspired management team, experts and employees, and will embrace jointly with our customers and investors for a more prosperous and vigorous future."
The Industrial Automation ("IA") business maintained its strong momentum with increased market shares as Hollysys undertook more key and challenging projects, which are expected to relieve the pain points of relevant industries by enhancing the efficiency in operation and contribute to achieving the national carbon peaking and carbon neutrality goals. In the chemical and petrochemical field, we adhere to the development strategy of enhancing our focus on significant projects in addition to normal projects. For example, a one-million-ton ethylene project was signed in Tianjin in which we will provide over 100,000 and 20,000 input/output ("I/O") points that will be connected to our Optical Bus Control System ("OCS")—the new released version of Distributed Control System ("DCS"), and Safety Instrumented System ("SIS"), along with Gas Detection System ("GDS"), respectively. The success in signing this project proves that Hollysys is capable of supplying control systems for any chemical process, as the advanced control of ethylene is known as the most sophisticated and critical process in the industry. Meanwhile, we present remarkable achievements and maintain our cooperation with national key customers like Sinopec Group and China National Petroleum Corporation ("CNPC"). For instance, a contract of huge SCADA system for the Guangxi Long-distance Natural Gas Pipeline Project was signed with Sinopec. Additionally, Hollysys also provided CNPC with Hia Advanced Process Control ("Hia APC") for producing 450,000 tons of synthetic ammonia / 800,000 tons of urea fertilizer, which as another milestone, was the first set of a 100% domestic control system application in the large chemical fertilizer industry in China.
We have also manifested remarkable performance and witnessed business growth in the valve and instrument market. For example, we signed with a world leading copper pipe and rod manufacturer for a Phase I project of 150,000 tons of high-performance copper foil, in which Hollysys provided holistic customized integrated, intelligent solutions, and over 4000 sets of various types of meters and valves. The project represents another milestone for Hollysys in electrical instrument installation engineering.
We continue our business growth by upgrading the capabilities of products in the pharmaceutical field. For example, a project for a pharmaceutical company was delivered in which Hollysys provided a customized intelligent control system based on HiaBatch. HiaBatch is remarkably flexible and efficient, which facilitates customers to operate more smartly and is highly recognized among customers in the industry. We successively signed new projects, including a Good Manufacturing Practice ("GMP") Application Programming Interface ("API") pilot test and production project along with the supply of DCS, SIS, electrical instrument and Batch Processing System ("BATCH").
Meanwhile, we constantly upgrade our Engineering Procurement Construction ("EPC") capacity. In the fourth fiscal quarter, we signed two breakthrough EPC projects regarding the whole workshop's engineering, which the lays foundation for our further exploration of EPC projects in the future.
Our business has witnessed continuous development in Indonesia and other overseas markets, and our control system, instruments and technologies are widely recognized. We have signed with Indonesian companies a contract for an electrical instrument engineering project and an additional contract of Phase II DCS and electrical instruments. To further cultivate and grow our business in the Central and Southeast Asia market, Hollysys will persevere in attracting talented people, optimizing market promotion and enhancing its overseas brand image.
In the high-speed rail sector, we continued to deliver on existing projects while retaining our market position. We provided on-ground solutions for Xiangyang East-Wanzhou North high-speed railway and participated in the reconstruction of the Beijing Fengtai Hub, which is now Asia's largest railway hub. Meanwhile, we continued to explore opportunities in service markets, covering replacement and overhaul, upgrades, spare parts sales, etc. The highlight for the service business is the successful launch of China's fifth high-speed railway with an operating speed of 350 km/h, the Shijiazhuang-Wuhan High-speed Railway. In this project, Hollysys actively responded to our client's demand for speed acceleration by upgrading the existing on-board and on-ground products. In the subway sector, our SCADA system for Kunming Subway Line 5 was successfully delivered. This marked another contribution of Hollysys to Kunming rail construction following the successful completion of the Kunming Subway Line 3 project and Kunming Changshui Airport Express project ("Kunming Airport project"),. In the subway signaling business, we won the automated people mover project of the T3B terminal and the fourth runway of Chongqing Jiangbei International Airport. This project, which follows our first subway signaling project—Kunming Airport project—represents another significant advancement for Hollysys in subway signaling. The project will utilize our proprietary GoA4 Fully Automatic Operation system and achieve effective and energy-saving operations. We are grateful for the industry recognition gained from our clients in the past year and we expect to make more contributions to China's urban rail transit system in the future.
The mechanical and electrical solutions ("M&E") segment of the Company manifests a stable performance with our smooth executions on various projects. The risk monitor and control will still be our future focus in this field.
With our continuous dedication to the industry and the support of experienced and passionate experts, we believe that we will continue to create greater value for our clients and shareholders.
________
Operational Results Analysis for the Fiscal Year Ended June 30, 2022
Compared to the prior fiscal year, the total revenues for fiscal year 2022 increased from $593.5 million to $707.5 million, representing an increase of 19.2%. Broken down by the revenue types, integrated solutions contracts revenue increased by 24.6% to $573.6 million, products sales revenue increased by 34.3% to $38.5 million, and services revenue decreased by 8.8% to $95.4 million.
The Company's total revenues can also be presented by segment as shown in the table below:
Gross margin was 33.8% for fiscal year 2022, as compared to 36.8% for the prior fiscal year. Gross margins for integrated solutions contracts, product sales, and services rendered were 26.4%, 73.4% and 62.7% for fiscal year 2022, as compared to 26.9%, 81.5% and 68.1% for the prior fiscal year, respectively. Non-GAAP gross margin was 34.0% for fiscal year 2022, as compared to 36.8% for the prior fiscal year. Non-GAAP gross margin of integrated solutions contracts was 26.6% for fiscal year 2022, as compared to 27.0% for the prior fiscal year. See the section entitled "Non-GAAP Measures" for more information about non-GAAP gross margin and non-GAAP gross margin of integrated solutions contracts.
Selling expenses were $45.3 million for fiscal year 2022, representing an increase of $10.1 million, or 28.7%, compared to $35.2 million for the prior fiscal year. The increase was in line with our sales growth. Selling expenses as a percentage of total revenues were 6.4% and 5.9% for fiscal year 2022 and 2021, respectively. The increase of selling expenses was mainly due to the significant increase of sales scale year over year.
General and administrative expenses were $80.2 million for fiscal year 2022, representing an increase of $10.3 million, or 14.7%, compared to $70.0 million for the prior fiscal year, which was primarily due to a $7.5 million increase in credit losses and a $5.7 million increase in labor cost. Share-based compensation expenses were $9.7 million and $9.7 million for fiscal year 2022 and 2021, respectively. General and administrative expenses as a percentage of total revenues were 11.3% and 11.8% for fiscal year 2022 and 2021, respectively.
Research and development expenses were $69.6 million for fiscal year 2022, representing an increase of $13.6 million, or 24.4%, compared to $56.0 million for the prior fiscal year, which was primarily due to our increased investments in research and development in connection with the upgrading of mainstream products and new products developed to meet the needs of the digital infrastructure market, such as the new generation DCS Macs V7, SIS Upgrade, OCS, smart factory and smart city rail. R&D expenses as a percentage of total revenues were 9.8% and 9.4% for fiscal year 2022 and 2021, respectively.
The VAT refunds and government subsidies were $30.3 million for fiscal year 2022, as compared to $30.1 million for the prior fiscal year, representing a $0.2 million, or 0.7%, increase.
The income tax expenses and the effective tax rate were $16.6 million and 16.7% for fiscal year 2022, as compared to $20.6 million and 18.7% for the prior fiscal year. The effective tax rate fluctuates, as the Company's subsidiaries contributed different pre-tax income at different tax rates.
Net income attributable to Hollysys was $83.2 million for fiscal year 2022, representing a decrease of 7.3% from $89.7 million reported in the prior fiscal year. Non-GAAP net income attributable to Hollysys was $94.2 million or $1.53 per diluted share. See the section entitled "Non-GAAP Measures" for more information about non-GAAP net income attributable to Hollysys.
Diluted earnings per share was $1.35 for fiscal year 2022, representing a decrease of 7.5% from $1.46 in the prior fiscal year. Non-GAAP diluted earnings per share was $1.53 for fiscal year 2022, representing a decrease of 5.6% from $1.62 in the prior fiscal year. These were calculated based on 61.6 million and 61.5 million diluted weighted average ordinary shares outstanding for the fiscal year ended June 30, 2022 and 2021, respectively. See the section entitled "Non-GAAP Measures" for more information about non-GAAP diluted earnings per share.
Operational Results Analysis for the Fourth Quarter Ended June 30, 2022
Compared to the fourth quarter of the prior fiscal year, the total revenues for the three months ended June 30, 2022 increased from $158.8 million to $182.1 million, representing an increase of 14.7%. Broken down by the revenue types, integrated solutions contracts revenue increased by 18.3% to $149.3 million, products sales revenue increased by 66.6% to $11.8 million, and services revenue decreased by 17.4% to $21.0 million.
The Company's total revenues can also be presented by segment as shown in the table below:
Gross margin was 33.7% for the three months ended June 30, 2022, as compared to 37.8% for the same period of the prior fiscal year. Gross margin of integrated solutions contracts, product sales, and service rendered was 27.1%, 75.4% and 57.1% for the three months ended June 30, 2022, as compared to 27.8%, 84.3% and 74.6% for the same period of the prior fiscal year, respectively. Non-GAAP gross margin was 33.9% for the three months ended June 30, 2022, as compared to 37.9% for the same period of the prior fiscal year. Non-GAAP gross margin of integrated solutions contracts was 27.3% for the three months ended June 30, 2022, as compared to 27.9% for the same period of the prior fiscal year. See the section entitled "Non-GAAP Measures" for more information about non-GAAP gross margin and non-GAAP gross margin of integrated solutions contracts.
Selling expenses were $10.9 million for the three months ended June 30, 2022, representing an increase of $1.3 million, or 13.1%, compared to $9.6 million for the same period of the prior fiscal year. The increase was in line with our sales growth. Selling expenses as a percentage of total revenues were 6.0% and 6.0% for the three months ended June 30, 2022 and 2021, respectively.
General and administrative expenses were $23.3 million for the three months ended June 30, 2022, representing a decrease of $6.9 million, or 22.9%, compared to $30.3 million for the same period of the prior fiscal year, which was primarily due to a $7.4 million decrease in third-party consulting fees and a $4.7 million decrease in share-based compensation expenses. Share-based compensation expenses were $1.3 million and $6.0 million for the three months ended June 30, 2022 and 2021, respectively. General and administrative expenses as a percentage of total revenues were 12.8% and 19.1% for the three months ended June 30, 2022 and 2021, respectively. The decrease of G&A in the fourth quarter is mainly due to the lower third-party consulting fees year-over-year.
Research and development expenses were $16.6 million for the three months ended June 30, 2022, representing an increase of $2.4 million, or 17.2%, compared to $14.2 million for the same period of the prior fiscal year. Research and development expenses as a percentage of total revenues were 9.1% and 8.9% for the three months ended June 30, 2022 and 2021, respectively.
The VAT refunds and government subsidies were $8.6 million for three months ended June 30, 2022, as compared to $9.7 million for the same period in the prior fiscal year, representing a $1.1 million, or 10.9%, decrease.
The income tax expenses and the effective tax rate were $3.9 million and 14.5% for the three months ended June 30, 2022, respectively, as compared to $6.3 million and 22.4% for the comparable period in the prior fiscal year, respectively. The effective tax rate fluctuates, as the Company's subsidiaries contributed different pre-tax income at different tax rates.
Net income attributable to Hollysys was $23.0 million for three months ended June 30, 2022, representing an increase of 4.9% from $21.9 million reported in the comparable period in the prior fiscal year. Non-GAAP net income attributable to Hollysys was $24.7 million or $0.40 per diluted share. See the section entitled "Non-GAAP Measures" for more information about non-GAAP net income attributable to Hollysys.
Diluted earnings per share was $0.37 for the three months ended June 30, 2022, representing an increase of 2.8% from $0.36 for the comparable period in the prior fiscal year. Non-GAAP diluted earnings per share was $0.40 for the three months ended June 30, 2022, representing a decrease of 13.0% from $0.46 for the comparable period in the prior fiscal year. These were calculated based on 61.8 million and 61.0 million diluted weighted average ordinary shares outstanding for the three months ended June 30, 2022 and 2021, respectively. See the section entitled "Non-GAAP Measures" for more information about non-GAAP diluted earnings per share.
Contracts and Backlog Highlights
Hollysys achieved $1,057.9 million and $289.9 million in terms of the value of new contracts for the fiscal year and the three months ended June 30, 2022, respectively. The order backlog of contracts was $944.3 million as of June 30, 2022. The order backlog of contracts represents the amount of unrealized revenue to be earned from the contracts that Hollysys won. The detailed breakdown of new contracts and backlog by segment is shown in the table below:
Cash Flow Highlights
For the fiscal year ended June 30, 2022, the total net cash inflow was $23.5 million. The net cash provided by operating activities was $54.5 million. The net cash provided by investing activities was $13.3 million, mainly consisting of $100.6 million maturity of short-term investments, $3.8 million proceeds from disposal of a subsidiary, $9.5 million proceeds received from disposal of equity investments, which was partially offset by $26.4 million purchases of property, plant and equipment, $64.4 million purchases of short-term investments, and $8.7 million cash prepaid for acquisition of a subsidiary. The net cash used in financing activities was $19.6 million, mainly consisting of $19.8 million payment of dividends.
For the three months ended June 30, 2022, the total net cash inflow was $6.9 million. The net cash provided by operating activities was $38.8 million. The net cash provided by investing activities was $23.6 million, mainly consisting of $37.8 million maturity of short-term investments, which was partially offset by $7.3 million purchases of property, plant and equipment, $6.9 million purchases of short-term investments. The net cash used in financing activities was $19.4 million, mainly consisting of $19.8 million payment of dividends.
Balance Sheet Highlights
The total amount of cash and cash equivalents was $679.8 million, $669.8 million, and $664.3 million as of June 30, 2022, March 31, 2022, and June 30, 2021, respectively.
For fiscal year ended June 30, 2022, DSO were 171 days, as compared to 180 days from the prior year, and inventory turnover was 58 days, as compared to 51 days from the prior year.
For the three months ended June 30, 2022, DSO was 174 days, as compared to 194 days for the comparable prior fiscal year and 215 days for the last fiscal quarter; inventory turnover days were 73 days, as compared to 47 days for the comparable prior fiscal year and 69 days for the last fiscal quarter. The significant increase in inventories was mainly due to the company's increase in safety stock in response to supply chain fluctuations.
Financial Performance Guidance
Based on information available as of the date of this press release, Hollysys provides the following financial performance guidance for the full fiscal year 2023：
- The revenue is expected to be between $810 million and $885 million, with a year-on-year increase of 15% to 25%.
About Hollysys Automation Technologies Ltd.
Hollysys is a leading automation control system solutions provider in China, with overseas operations in eight other countries and regions throughout Asia. Leveraging its proprietary technology and deep industry know-how, Hollysys empowers its customers with enhanced operational safety, reliability, efficiency, and intelligence which are critical to their businesses. Hollysys derives its revenues mainly from providing integrated solutions for industrial automation and rail transportation automation. In industrial automation, Hollysys delivers the full spectrum of automation hardware, software, and services spanning field devices, control systems, enterprise manufacturing management and cloud-based applications. In rail transportation automation, Hollysys provides advanced signaling control and SCADA (Supervisory Control and Data Acquisition) systems for high-speed rail and urban rail (including subways). Founded in 1993, with technical expertise and innovation, Hollysys has grown from a research team specializing in automation control in the power industry into a group providing integrated automation control system solutions for customers in diverse industry verticals. As of June 30, 2021, Hollysys had cumulatively carried out more than 35,000 projects for approximately 20,000 customers in various sectors including power, petrochemical, high-speed rail, and urban rail, in which Hollysys has established leading market positions.
SAFE HARBOR STATEMENTS
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident," or similar expressions, involve known and unknown risks and uncertainties. Such forward-looking statements, based upon the current beliefs and expectations of Hollysys' management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
For further information, please contact:
Hollysys Automation Technologies Ltd.
www.hollysys.com
+8610-58981386
investors@hollysys.com
Non-GAAP Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, in evaluating our results, we use the following non-GAAP financial measures: non-GAAP gross profit and non-GAAP gross margin, non-GAAP gross profit and non-GAAP gross margin of integrated solutions contracts, non-GAAP net income attributable to Hollysys Automation Technologies Ltd., as well as non-GAAP basic and diluted earnings per share.
These non-GAAP financial measures serve as additional indicators of our operating performance and not as any replacement for other measures in accordance with U.S. GAAP. We believe these non-GAAP measures help identify underlying trends in the Company's business that could otherwise be distorted by the effect of the share-based compensation expenses, which are calculated based on the number of shares or options granted and the fair value as of the grant date, and amortization of acquired intangible assets. They will not result in any cash inflows or outflows. We believe that using non-GAAP measures help our shareholders to have a better understanding of our operating results and growth prospects.
Non-GAAP gross profit and non-GAAP gross margin, non-GAAP gross profit and non-GAAP gross margin of integrated solutions contracts, non-GAAP net income attributable to Hollysys Automation Technologies Ltd., as well as non-GAAP basic and diluted earnings per share should not be considered in isolation or construed as an alternative to gross profit and gross margin, gross profit and gross margin of integrated solutions contracts, net income attributable to Hollysys Automation Technologies Ltd., basic and diluted earnings per share, or any other measure of performance, or as an indicator of the Company's operating performance. Investors are encouraged to review the historical non-GAAP financial measures to the most directly comparable GAAP measures. Non-GAAP gross profit and gross margin, non-GAAP gross profit and non-GAAP gross margin of integrated solutions contracts, non-GAAP net income attributable to Hollysys Automation Technologies Ltd., as well as non-GAAP basic and diluted earnings per share presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company's data. The Company encourages investors and others to review the Company's financial information in its entirety and not rely on a single financial measure.
We define non-GAAP gross profit and non-GAAP gross margin as gross profit and gross margin, respectively, adjusted to exclude non-cash amortization of acquired intangibles. The following table provides a reconciliation of our gross profit and gross margin to non-GAAP gross profit and non-GAAP gross margin for the periods indicated.
__________
We define non-GAAP gross profit and non-GAAP gross margin of integrated solutions contracts as gross profit and gross margin of integrated solutions contracts, respectively, adjusted to exclude non-cash amortization of acquired intangibles associated with integrated solutions contracts. The following table provides a reconciliation of the gross profit of integrated solutions contracts to non-GAAP gross profit and non-GAAP gross margin of integrated solutions contracts for the periods indicated.
__________
We define non-GAAP net income attributable to Hollysys as net income attributable to Hollysys adjusted to exclude the share-based compensation expenses and non-cash amortization of acquired intangible assets. The following table provides a reconciliation of net income attributable to Hollysys to non-GAAP net income attributable to Hollysys for the periods indicated.
Non-GAAP basic (or diluted) earnings per share represents non-GAAP net income attributable to Hollysys divided by the weighted average number of ordinary shares outstanding during the periods (or on a diluted basis). The following table provides a reconciliation of our basic (or diluted) earnings per share to non-GAAP basic (or diluted) earnings per share for the periods indicated.
________
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SOURCE Hollysys Automation Technologies Ltd | https://www.mysuncoast.com/prnewswire/2022/08/12/hollysys-automation-technologies-reports-unaudited-financial-results-fiscal-year-fourth-quarter-ended-june-30-2022/ | 2022-08-12T11:39:15Z |
The 2023 Beyond Service User Conference, being held January 8-11, 2023, in Orlando, once again unites the industry's leading field service companies with one exciting and impactful event
HOLMDEL, N.J., June 15, 2022 /PRNewswire/ -- WorkWave®, a leading provider of SaaS software solutions that support every stage of a service business's life cycle, has opened registration for its 2023 Beyond Service User Conference, one of the field service industry's biggest and most exciting events of the year. This year's conference, being held January 8-11, 2023, in Orlando, Florida, will once again bring together WorkWave experts and customers from its family of brands: PestPac, ServMan, Real Green, WorkWave Service, Coalmarch, Slingshot, Servicebot (formerly known as Lawnbot) and — for the first time — TEAM Software.
Since being acquired by WorkWave in fall 2021, TEAM Software has continued to be a leading provider of software and solutions for the cleaning, janitorial, security and facilities management industries. WorkWave is thrilled to welcome the TEAM Software family and its customers to the Beyond Service User Conference this year, where attendees can not only gain knowledge and build expertise around themes relevant to all field service industries, but also reap the benefits from a conference that offers the opportunity to bring together members of all types of service industries to network, learn and grow together.
"The success of last year's inaugural Beyond Service User Conference far exceeded what we could have imagined, as we combined the WorkWave family of brands into one exciting and inspiring event for the first time," says WorkWave CEO David F. Giannetto. "WorkWave has created a unique experience that brings together the most diverse group of service leaders from more industries than found anywhere in the world, all with one thing in common — all are focused on succeeding and growing every area of their service business. We are looking forward to bringing this even more diverse group together again this year as we aim to make the 2023 Beyond Service User Conference our best experience yet."
The Beyond Service User Conference will feature more than 200 training and thought leadership sessions and customer success stories to empower users to gain expertise across WorkWave's portfolio of solutions, so they can grow and run their businesses more efficiently. This year's conference will offer thought-provoking workshops, networking opportunities with 1,000-plus service professionals, and exciting entertainment and social events.
Please visit our website to learn more, and click here to register for the event. Our website will continue to be updated with this year's keynote speaker, session information and other details.
About WorkWave
For nearly 40 years, WorkWave has been building best practices into its market-leading field service and last mile software solutions to allow best-in-class companies to grow their business, service their customers and maximize their money. Its solutions empower service-oriented companies to reach their full potential through scalable, cloud-based software solutions that support every stage of a business life cycle, including marketing, sales, service delivery, customer interaction and financial transactions. WorkWave is a trusted partner for thousands of customers across a wide variety of industries, including pest control, lawn care, cleaning, HVAC, plumbing and electrical, and last mile delivery. WorkWave's award-winning culture and solutions have been recognized in the SaaS Awards, the Cloud Awards, the American Business Awards, the NJBIZ Best Places to Work Awards, and the Stevie Awards for Great Employers. For more information, visit workwave.com.
Media Contact
Brittany Boyle
Director of Strategic Communications, WorkWave
Email: bboyle@workwave.com
Media Contact
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE WorkWave | https://www.kxii.com/prnewswire/2022/06/15/workwave-opens-registration-its-2023-beyond-service-user-conference/ | 2022-06-15T14:50:22Z |
Jesus mural survives devastating church fire on Good Friday
CHICAGO (WLS) - A Chicago-area church suffered extensive damage last week, but a large painting of Jesus has remained untouched.
Members of the Antioch Missionary Baptist Church said the fire started just two hours after a Good Friday service. They believe the fire was caused by some construction work, but the mural inside the building survived.
The church’s pastor Gerald Dew said he sees it as a sign that the congregation and the church will rise again.
“He promised that he would return. And so just as he has risen and has ascended, we believe also that we will rise from this,” Drew said.
Local engineers said questions remain when it comes to the stability of the church’s walls regarding a rebuild.
Copyright 2022 WLS via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/04/20/jesus-mural-survives-devastating-church-fire-good-friday/ | 2022-04-22T09:28:18Z |
North America's largest provider of comprehensive fertility services uses the national observance to spotlight the professionals, components involved in the complex fertility process
HOUSTON, April 25, 2022 /PRNewswire/ -- In observance of National Infertility Awareness Week® (#NIAW – April 24-30, 2022), Inception Fertility™ (Inception) launches The Faces of Fertility, a campaign aimed at highlighting the multi-disciplinary team of specialists within Inception's clinical network who use training, science and technology, lab skills and a compassionate approach to exceptional care throughout each patient's unique journey.
To further build awareness around the complex and emotional fertility process, The Faces of Fertility is also comprised of special content to inform, engage, and support every individual and family experiencing infertility including More Than Infertility, a dedicated page with fertility facts, testimonials, and introductions to Inception's expert professionals within its family of brands.
"Inception is committed to the movement to change the perception of fertility, and that starts with pulling back the curtain to feature all who are involved in a patient's journey to parenthood," says Nicole R. Braley, Chief Marketing Officer at Inception. "The Faces of Fertility sheds light on the medical professionals within our clinical network who have dedicated their careers to building families and those Family members who guide patients, ensure their accessibility to care and provide compassion along the way."
Founded in 1989 by RESOLVE, the National Infertility Association, NIAW® is a national observance dedicated to removing stigmas and changing the conversation around infertility. As a tech-enabled company improving patient experience through an ecosystem of fertility brands, Inception is committed to shattering that stigma, highlighting accessibility, and providing exceptional care to aspiring parents.
Inception Fertility™ (Inception) is a family of fertility brands committed to helping patients build their own families. Built by patients for patients, Inception's purpose is to achieve the highest bar in experience, science and medicine in an effort to enhance each patient's experience and achieve better outcomes.
Inception's medical experts are leading pioneers in fertility care. Our doctors are some of the first to use breakthrough assisted reproductive technologies (ART) – including in vitro fertilization (IVF), pregenetic implantation testing (PGT) and fertility preservation services – and they continue to lead the industry by building on these technologies by through development, research and thought leadership.
Its growing family of national organizations is an ecosystem of care, which touches every part of the fertility journey including diagnostics and treatment to financial accessibility. Through this unique ecosystem, Inception is working to deliver on its promise to push the envelope of what is possible for exceeding patient expectations.
# # #
Mia Humphreys
Krupp Kommunications
239-297-6592
MHumphreys@kruppnyc.com
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SOURCE Inception Fertility | https://www.kxii.com/prnewswire/2022/04/25/inception-fertility-launches-faces-fertility-celebration-national-infertility-awareness-week/ | 2022-04-26T00:24:43Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- As companies are seeking to refresh the composition of their boards, they are moving away from policies that mandate turnover of their directors based on age or tenure. They are instead pursuing other avenues that provide for a tailored approach to opening up board seats for directors who will bring fresh perspectives, skills, experiences, and diversity to the board room.
The Conference Board report, using data provided by ESGAUGE, reveals that, in the S&P 500 the percentage of companies with mandatory retirement policies based on age dropped from 70 percent in 2018 to 67 percent as of July 2022. The policies also dropped in the Russell 3000, from 40 percent to 36 percent. Moreover, mandatory retirement policies based on tenure remain unchanged and uncommon, used by just six percent of the S&P 500 and four percent of the Russell 3000.
While mandatory turnover policies have been on the decline, the analysis reveals that substantially more companies are now conducting comprehensive board evaluations—a combination of board, committee, and individual director assessments. In the S&P 500, the share of firms that evaluate all three areas rose from 37 percent in 2018 to 52 percent in 2022, and from 18 percent to 34 percent in the Russell 3000.
This has been accompanied by a marked rise in the share of companies using an independent facilitator to conduct board evaluations. While most companies still do not disclose using an independent facilitator, from 2018 to 2022 the share that have done so has more than doubled in both indices. These in-depth and independent evaluations can open fruitful discussions about many challenging topics, such as identifying areas where the current board's composition does not meet the needs of the board and the company, and thereby facilitate appropriate board turnover.
There has also been an increase in the percentage of companies with overboarding policies that limit the number of other public company boards on which a director can serve. The share of S&P 500 firms with an overboarding policy grew from 64 percent in 2018 to 72 percent in 2022, and in the Russell 3000, from 45 percent in 2018 to 50 percent in 2022. These policies trigger discussions with directors about those boards on which they may no longer serve.
Even with the steps companies are taking to refresh their boards, the share of newly elected directors at larger companies remains relatively unchanged: Since 2018, the percentage of newly elected directors in the S&P 500 has held steady at nine percent. This equates to approximately one new director joining an S&P 500 company board each year, which have an average of 11 directors. The appropriate level of turnover at each company will vary, reflecting a balance between adjusting the mix of skills and backgrounds on the board to serve the company's strategic priorities, while also maintaining board cohesion and successfully onboarding each new director.
The report includes insights and data—as recent as July 2022—relating to board refreshment policies and director evaluations at S&P 500 and Russell 3000 companies. It is the final installment in a three-part series, with the first report examining board composition and the second report examining board leadership, meetings, and committees.
Findings and insights from this new report include:
Unchanged: the rate at which new directors are elected at larger companies
- Stable in the S&P 500: The share of newly elected directors has held steady at nine percent since 2018.
- A slight increase in the Russell 3000: The share ticked up from nine percent in 2018 to 11 percent in 2022.
"Boards can use several mechanisms to promote board refreshment, including policies that require board turnover and trigger a discussion of turnover. Most importantly—and what doesn't get emphasized enough—boards can promote a culture of board refreshment, in which there is no stigma associated with rotating off a board member before one is officially required to leave," said Merel Spierings, author of the report and Researcher at The Conference Board.
"Creating a culture in which it's fully acceptable for directors to rotate off a board before they are required to do so can be accomplished not only by establishing guidelines on average board tenure. Firms can also achieve this through setting initial expectations for director tenure through the director recruitment and onboarding process, as well as candid discussions about how the current mix of directors matches the company's needs during the annual board evaluation and director nomination processes," said Paul Washington, Executive Director of The Conference Board ESG Center.
In decline: mandatory retirement policies based on age
- A decline in the S&P 500: The share with such a policy decreased from 70 percent in 2018 to 67 percent in 2022.
- An even bigger decline in the Russell 3000: The share decreased from 40 percent in 2018 to 36 percent in 2022.
"Another sign that age-based director retirement policies are losing ground is that companies that have such policies are increasingly building in some flexibility. Indeed, the percentage of firms whose policy permits no exceptions whatsoever saw notable drops in both indices: In the S&P 500, the share decreased from 41 percent in 2018 to 34 percent as of July 2022, and from 24 percent to 18 percent in the Russell 3000," noted Paul Rodel, Partner at Debevoise & Plimpton LLP.
Unchanged and uncommon: mandatory retirement policies based on tenure
- Little movement in the S&P 500 and Russell 3000: The share with such a policy remained virtually unchanged in the S&P 500, from five percent in 2018 to six percent in 2022. The share also remained virtually unchanged in the Russell 3000, from three percent in 2018 to four percent in 2022.
The largest companies are most likely to adopt director term limits; the smallest firms are least likely
- The largest companies—$50 billion and over in annual revenues: As of July 2022, 12 percent have a policy that sets a maximum tenure based on years of service.
- The smallest companies—under $100 million in annual revenues: Just one percent of these companies have such a policy.
"Tenure-based retirement polices continue to be rare in the US. Many boards prefer to retain the flexibility to have directors with a mix of tenures. Additionally, these policies can force the departure of long-serving directors who are strong contributors to board deliberations. For example, directors whose service predates that of the CEO may have particularly useful institutional memory and may be more willing to challenge management," said Annalisa Barrett, senior advisor with the KPMG Board Leadership Center.
Growing in popularity: companies that conduct comprehensive, three-part performance evaluations of the full board, committees, and individual directors
- A substantial increase in the S&P 500: The share reporting that they conduct full board, committee, and individual director evaluations has now become the most common practice, rising from 37 percent in 2018 to 52 percent in 2022.
- The approach nearly doubles in the Russell 3000: The share taking this approach soared from 18 percent in 2018 to 34 percent in 2022.
To conduct board assessments, companies are increasingly using independent facilitators
- The approach more than doubles in the S&P 500: The share disclosing their use of an independent facilitator for board assessments increased from 14 percent in 2018 to 29 percent in 2022.
- The approach more than doubles in the Russell 3000: While the share taking this approach remains minimal, it increased from six percent in 2018 to 15 percent in 2022. Given that many companies only use an outside facilitator every two or three years, this could signal a major shift.
"Individual director evaluations and the use of independent facilitators allow companies to have open conversations about sometimes challenging subjects that are often ignored by check-the-box based assessments. More importantly, these practices—which the latest data show are gaining popularity—can help boards not just talk about difficult issues, but resolve them, leading to more effective and enjoyable board service," said Rich Fields, Head of the Board Effectiveness Practice at Russell Reynolds Associates.
A rise in restrictions: companies are increasingly limiting the number of other public company directorships their board members can accept
- An increase in the S&P 500: The share with an overboarding policy applicable to all directors grew from 64 percent in 2018 to 72 percent in 2022.
- An increase in the Russell 3000: The share grew from 45 percent in 2018 to 50 percent in 2022.
"Director overboarding policies are a relatively even-handed way of ensuring that directors are not overcommitted in this era of increasing workload. They also can prompt a thoughtful discussion between directors and the companies on whose boards they serve as to whether the director is over-committed and should consider stepping down from a particular board," said Justin P. Klein, Director of the John L. Weinberg Center for Corporate Governance.
"Regardless of their approach to board refreshment, companies should expect continued investor scrutiny in this area," said Umesh Chandra Tiwari, Executive Director of ESGAUGE. "Indeed, while institutional investors may defer to the board on whether to adopt mandatory retirement policies, many are keeping a close eye on average board tenure and the balance of tenures among the directors serving on the board."
The project is led by The Conference Board in collaboration with data analytics firm ESGAUGE, along with Debevoise & Plimpton, the KPMG Board Leadership Center, Russell Reynolds Associates, and the John L. Weinberg Center for Corporate Governance.
About The Conference Board ESG Center
The Conference Board ESG Center serves as a resource, platform, and partner to help Member companies address their priorities in corporate governance, sustainability, and citizenship. www.conferenceboard.org/esg
About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conferenceboard.org
About ESGAUGE
ESGAUGE is a data mining and analytics firm uniquely designed for the corporate practitioner and the professional service firm seeking customized information on U.S. public companies. It focuses on disclosure of environmental, social, and governance (ESG) practices such as executive and director compensation, board practices, CEO and NEO profiles, proxy voting and shareholder activism, and CSR/sustainability disclosure. Our clients include business corporations, asset management firms, compensation consultants, law firms, accounting and audit firms, and investment companies. We also partner on research projects with think tanks, academic institutions, and the media.
About Russell Reynolds Associates
Russell Reynolds Associates is a global leadership advisory firm. Our 520+ consultants in 47 offices work with public, private and nonprofit organizations across all industries and regions. We help our clients build teams of transformational leaders who can meet today's challenges and anticipate the digital, economic and political trends that are reshaping the global business environment. From helping boards with their structure, culture and effectiveness to identifying, assessing and defining the best leadership for organizations, our teams bring their decades of expertise to help clients address their most complex leadership issues. We exist to improve the way the world is led. www.russellreynolds.com
About the John L. Weinberg Center for Corporate Governance
The John L. Weinberg Center for Corporate Governance was established in 2000 at the University of Delaware and is part of the Lerner College of Business and Economics. It is one of the longest-standing corporate governance centers in academia, and the first and only corporate governance center in the State of Delaware, the legal home for a majority of the nation's public corporations. The Center is recognized as a thought leader in the corporate governance field. www.weinberg.udel.edu
About Debevoise & Plimpton
Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients' most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.
About the KPMG BLC
The KPMG Board Leadership Center (BLC) champions outstanding corporate governance to drive long-term value and enhance stakeholder confidence. Through an array of insights, perspectives, and programs, the BLC—which includes the KPMG Audit Committee Institute and close collaboration with other leading director organizations— promotes continuous education and improvement of public and private company governance. BLC engages with directors and business leaders on the critical issues driving board agendas—from strategy, risk, talent, and ESG to data governance, audit quality, proxy trends, and more. Learn more at www.kpmg.com/us/blc
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SOURCE The Conference Board | https://www.mysuncoast.com/prnewswire/2022/08/08/companies-are-moving-away-mandatory-director-retirement-policies-pursuing-other-ways-achieve-board-refreshment/ | 2022-08-08T17:49:38Z |
BINGO! Capper wins big from Prairie Band promotion
TOPEKA, Kan. (WIBW) - A local organization got a boost in its bid to build abilities.
Representatives from Prairie Band Casino and Resort visited Capper Foundation Wednesday afternoon. They brought a check for $7,416.
Capper was the casino’s March partner to receive half of its bingo game sales. Prairie Band chooses a different non-profit for the promotion each month.
“We’re a big part of northeast Kansas - the tribe, the casino,” John Tuckwin, marketing director for Prairie Band Casino and Resort, said. “I think we’ve always wanted to stay involved in this community. This is our community, and to give back to this community - some of it comes back to us, too.”
The big winners are the children and adults with disabilities who receive services at capper.
“$7,500 makes a tremendous impact for our pediatric therapies, so our speech therapy, the occupational therapy and physical therapy, will be able to serve and support a lot of our children,” Zach Ahrens, Capper Foundation President and CEO, said.
Bingo players also could give directly to Capper.
Prairie Band’s April bingo partner is the Prairie Band Boys and Girls Club.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/13/bingo-capper-wins-big-prairie-band-promotion/ | 2022-04-13T22:58:17Z |
NEW YORK, June 9, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Bob Bakish, President and Chief Executive Officer, will participate in a virtual question and answer session during the Credit Suisse Communications Conference on Tuesday, June 14, 2022, at 10:40 a.m. ET.
A live audio webcast will be available on Paramount's Investor Relations homepage at ir.paramount.com. A replay of the audio webcast will be available in the Events, Webcasts & Annual Meetings section shortly after the conclusion of the presentation.
About Paramount
Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, Paramount's portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. Paramount delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution and advertising solutions.
For more information about Paramount, please visit www.paramount.com and follow @Paramount on social platforms.
PARA-IR
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SOURCE Paramount Global | https://www.mysuncoast.com/prnewswire/2022/06/09/paramount-global-ceo-bob-bakish-participate-credit-suisse-communications-conference/ | 2022-06-09T14:18:45Z |
The round consists of predominantly woman-owned, woman-led investors to support the brand's mission to create a more equitable future
LOS ANGELES, June 16, 2022 /PRNewswire/ -- Saysh, the community-centered lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced today their Series A round closed at $8 million, led by specialist consumer fund IRIS and Gap Inc.'s performance lifestyle brand Athleta. Additional investors in the round include Redpoint Ventures and Springbank Collective.
Saysh will use the new funding to scale its branded eCommerce, wholesale distribution, and community-based retail footprint, something the founders see as a big growth opportunity. The investment will also support an expanded product offering and the launch of several new activity-specific sneakers. Through the brand's existing platform, they have been able to successfully test different ideas and concepts to inform their product portfolio moving forward.
"This is an exciting next step for the brand, and we're so grateful to those partners who see the potential for Saysh to help shape a better future for us all," said Wes Felix, Co-founder and CEO of Saysh. "Saysh, at its core, celebrates women and their voices, and this funding further empowers us to lead in that regard. We are now, more than ever, positioned to understand and meet the needs of our customers, delivering more value than ever before."
Championing women on and off the track, Allyson is focusing on Saysh in partnership with the company's CEO and co-founder Wes. Intentionally created by and for women, the brand's mission to achieve gender equality has been poignantly illustrated by the company's debut product: the Saysh One, the first women's athletics sneaker to be built from the sole up for a woman's foot. In line with this mission, Saysh was seeking woman-owned, woman-led funding for their Series A round. The advisor to IRIS Fund I FCRE, IRIS Ventures leads the round as a specialist consumer fund that bets on categories where women are the majority end consumer such as health, wellness, beauty, and education.
Athleta, a performance lifestyle brand that champions women, will continue its partnership with Allyson, now as an investor in Saysh. Athleta's investment was brokered by Gap Inc.'s Strategic Growth Office (SGO), a unit of the company that seeks out opportunities to fuel growth and accelerate new capabilities across its portfolio of brands. As part of the investment, Gap Inc. has acquired an equity stake in Saysh and Athleta has entered into a partnership to showcase the brand's footwear on Athleta.com.
Allyson and Athleta's partnership began when she became their first sponsored athlete in 2019. In June 2021, shortly after Saysh's launch, they partnered to offer a collection of athletic wear, as well as offering an exclusive Rose colorway version of the Saysh One on Athleta.com. That same year, Athleta and Allyson partnered to launch The Power of She Fund: Child Care Grants, a first-of-its-kind grant program that committed $200,000 to help fund childcare costs for professional mom-athletes traveling to competitions, including six who participated in the Tokyo Olympics. During her final games, the Olympian proudly sported Athleta attire and Saysh Spikes to become the most decorated Track & Field athlete in history.
"When we signed Allyson Felix as our first-ever sponsored athlete in 2019, we knew we wanted to do things differently by supporting her as a mom, athlete and advocate," said Mary Beth Laughton, president and CEO, Athleta. "Today we are proud to continue supporting Allyson as an entrepreneur while fueling growth to the Athleta brand with our investment in Saysh."
Additionally, Springbank Collective, an early-stage investor in the infrastructure for working women and their families, brought together a group of valuable angel investors to support Saysh via a Special Purpose Vehicle. Participants include Anne-Marie Slaughter, an internationally renowned gender and policy expert; Kerin Hempel, CEO of New York Road Runners; and Sabia Wade, founder of The Black Doula and Black maternal health advocate. A formal advisor for Springbank Collective, Allyson is passionate about their mission for a more equal future.
"Our community is proud to support Allyson," said Jen Koss, founding partner, Springbank Collective. "She's a fierce champion for women in her business, in her advisory work with Springbank, and on the track."
The 50% women early-stage team at Redpoint, an industry venture capital that has successfully invested in companies like Netflix and Sonos, has also joined the funding round.
A long-time sponsored athlete, Allyson decided to leave a sportswear giant after the company attempted to reduce her pay during her pregnancy with her first child. Being forced to choose between being a mother and a professional athlete birthed Saysh, a brand that represents hope, acceptance, and the power to create change. Saysh continues to advocate for improved maternity leave for athletes and working mothers, as well as better access to healthcare for Black mothers.
Saysh's vision is a future in which inequality is undermined by female creativity and athleticism. This Series A funding round, as well as their recently announced first-of-its-kind Maternity Returns Policy, further supports this vision.
Saysh is a community-centered lifestyle brand for and by women focused on ethical conscience, aesthetic sensibility and an athletic mindset. Saysh is co-founded by Allyson Felix, the most decorated Track and field Olympian; and Wes Felix, her brother and business partner. The brand's debut lifestyle sneaker is the Saysh One. The Saysh Collective is the overarching community that offers customers early access to product drops and opportunities to connect with like-minded individuals through inspirational conversations, energizing workouts and exclusive member perks. Visit Saysh.com and join us at @bySaysh on Instagram, Facebook and Twitter.
IRIS Ventures is the advisor to IRIS Fund I FCRE, a growth equity fund targeting European and US purpose-led consumer-centric brands and tech-enabled solutions that solve for healthier, happier and more convenient lives. IRIS Ventures has a presence in Barcelona, London and New York.
A certified B Corporation, Athleta is a performance lifestyle brand with a mission of empowering a community of active women and girls. Athleta's versatile premium performance lifestyle apparel is designed by women for women with inclusivity at its core. Founded in 1998, Athleta integrates performance and technical features across its collection to support women across their entire lifestyle – from yoga and training to travel and sleep. In 2016, the company launched Athleta Girl mirroring its signature performance in styles for the next generation. Based in San Francisco, CA and a Gap Inc. brand (NYSE: GPS), Athleta apparel is available at its over 200 retail stores across the United States, through its catalog, and at Athleta.com.
Springbank Collective is an early-stage investor in the infrastructure that supports all women and working families to close the gender gap. We invest across the themes of Career, Care and Household Consumer. These sectors collectively comprise a nearly trillion dollar market opportunity with major secular tailwinds.
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SOURCE Saysh | https://www.wibw.com/prnewswire/2022/06/16/saysh-closes-8-million-series-round-led-by-iris-athleta/ | 2022-06-16T17:25:05Z |
Grand jury indicts Buffalo shooting suspect on terrorism charge
BUFFALO, N.Y. (AP) — A grand jury on Wednesday charged the white 18-year-old accused of fatally shooting 10 Black people at a Buffalo supermarket with domestic terrorism motivated by hate and 10 counts of first-degree murder.
Payton Gendron, who has been in custody since the May 14 shooting, is scheduled to be arraigned Thursday in Erie County Court.
The 25-count indictment also contains charges of murder and attempted murder as a hate crime and weapons possession.
Gendron had previously been charged with first-degree murder in the shooting, which also injured three people. He has pleaded not guilty. Prosecutors told a judge May 20 the grand jury had voted to indict Gendron but was continuing its investigation.
Federal authorities also are investigating the possibility of hate crime charges against Gendron, who apparently detailed his plans and his racist motivation in hundreds of pages of writings he posted online shortly before the shooting. The attack was livestreamed from a helmet-mounted camera.
Gendron drove about three hours from his home in Conklin, New York, intending to kill as many Black people as possible, investigators have said.
His attorney, Brian Parker, said he had not seen the indictment and could not comment, adding that prosecution and defense attorneys have been barred by a judge from discussing the case publicly.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/01/jury-indicts-buffalo-shooting-suspect-terrorism-charge/ | 2022-06-01T18:53:55Z |
A Michigan retiree is suing a Detroit bank after she says employees refused to cash a check she received from a casino after winning a jackpot.
Lizzie Pugh told CNN she won more than $12,000 on a slot machine at Soaring Eagle Casino & Resort in Mt. Pleasant, Michigan, during a church outing earlier this year.
On April 11, 2022, Pugh went to Fifth Third Bank in Livonia, Michigan, to open a savings account and deposit her winnings into a newly created account, according to court documents. Pugh's complaint alleges she was told by three White bank employees at Fifth Third Bank that the check was "fraudulent."
The 71-year-old Detroit public school retiree says she was then forced to confront bank employees who initially refused to give her check back.
According to the complaint, Pugh asked the bank employees to call 911 because she was not leaving without her check. Pugh then spoke with a third bank employee who also said the check was fraudulent and because of that the bankback would not allow Pugh to open an account and deposit the check. Eventually the bank employees gave Pugh her check back.
Fifth Third Bank, N.A. and Fifth Third Financial Corporation filed a response this week denying the allegations, including that their employee decided that the check was "fraudulent." They also dispute that any events occurred that would warrant damages or other relief, according to the court filing.
"We are committed to fair and responsible banking and prohibit discrimination of any kind. From our review of the claims, we believe the facts to be different than what is alleged. Our employees are trained to help every customer with their banking needs, and our employees follow procedures to facilitate the opening of any new account," a spokesperson for Fifth Third Bank said in a statement to CNN.
In a statement to CNN, Pugh's attorney Deborah Gordon said, "What happened to Ms. Pugh is yet another example of the hurdles and indignities facing Black Americans as they try to get through the day. It is not only young Black men who are profiled. Fortunately, Michigan has a strong statute prohibiting discrimination in 'public accommodations,' including banks."
Pugh says she was able to cash it at another bank.
"I had this check, and I didn't want it on me now," Pugh told CNN.
"I was so upset; I just took a picture of the bank on my way out because I didn't know the address," she added.
Pugh's niece, Yolanda McGee, told CNN, "She is afraid to go in any bank or any type of business. She had some events in her life from living back in Alabama as a young girl where she's been discriminated against, and you know it's heavy on her heart." McGee says she initially had to convince her aunt to file the lawsuit because her aunt was terrified to do anything.
In its statement, Fifth Third Bank says it stands by its employees, "From our review of the claims, we believe our employees' actions have been misinterpreted. That said, we regret Ms. Pugh has come away feeling mistreated after her interactions at our branch, as our employees' actions were consistent with our process and the dual goals of serving our customers while also preventing potential frauds that can victimize both the bank and our customers."
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TOKYO, Aug. 17, 2022 /PRNewswire/ -- NX AgriGrow Co., Ltd. headquartered in Hokuto City, Yamanashi Prefecture, a group company of NIPPON EXPRESS HOLDINGS, INC., received a visit from H.E. Vu Hong Nam, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Japan, on Thursday, August 4.
Logo: https://kyodonewsprwire.jp/img/202208125063-O1-64cXX1Yl
Photo: Third from right: Ambassador Vu Hong Nam; second from right: NX AgriGrow President Nami Moroi
https://kyodonewsprwire.jp/prwfile/release/M103866/202208125063/_prw_PI2fl_2PE7Ty7W.jpg
The Nippon Express Group established NX AgriGrow (formerly Nittsu Farm Co., Ltd.) in Hokuto City, west of Tokyo, in 2016, and the company has since been working with the local community on projects aimed at eliminating abandoned farmland, contributing to local employment and resolving other issues facing the city. In February this year, NX AgriGrow concluded a comprehensive partnership agreement with Hokuto City to promote the sustained development of agriculture and revitalize the local economy, and it is striving through Hokuto's key industry of agriculture to create a new model for sustainable regional development.
Vietnamese Ambassador to Japan Vu Hong Nam recently made a tour of companies in Hokuto City during which NX AgriGrow was recommended to him by Hokuto Mayor Eiji Kamimura as a firm engaged in cutting-edge agriculture, prompting the ambassador to visit NX AgriGrow in person.
The Nippon Express Group has been teaming up with individuals, companies, and communities to make forward progress alongside society, and it will continue fulfilling its responsibilities and actively striving to bring about a sustainable society.
Nippon Express website: https://www.nipponexpress.com/
Nippon Express Group's official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
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SOURCE NIPPON EXPRESS HOLDINGS, INC. | https://www.mysuncoast.com/prnewswire/2022/08/17/vietnamese-ambassador-visits-nx-agrigrow/ | 2022-08-17T07:38:45Z |
Thieves steal $14,000 worth of Chanel perfume from Ulta store, police say
TULSA, Okla. (Gray News) – Three women and one man were arrested in Tulsa for stealing $14,000 worth of Chanel perfume, according to police.
The Tulsa Police Department said officers were called to an Ulta Beauty store Sunday afternoon where they learned the three women reportedly stole more than 270 items, totaling $14,000 in products.
Ulta employees told police the women walked in with their own bags and were only in the store for about two minutes. The manager yelled at the women to stop, but the suspects ran out of the store and into a getaway car.
Because some of the stolen products had GPS trackers on them, officers were able to track down the suspects and arrest them.
Police said the three women were identified as Yasmin Knight, Monica McGuire, and Delisha Logan. They were all charged with grand larceny after former conviction of a felony.
The driver of the getaway car was identified as Micah Goff, who was charged with larceny.
“We are not sure what the fragrance of the jail is, but we’re fairly certain it’s not Chanel No. 9,” police wrote in a Facebook post.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/05/thieves-steal-14000-worth-chanel-perfume-ulta-store-police-say/ | 2022-07-05T19:09:57Z |
One nursing educator will win an exclusive semester-long Sentinel U virtual clinical bundle for one class or cohort.
WATERBURY, Conn., Sept. 7, 2022 /PRNewswire/ -- Healthcare Simulation Week, which takes place from Sept. 12 to 16, celebrates the professionals who improve the safety, effectiveness, and efficiency of healthcare delivery through virtual simulation. In line with this year's theme, "Excellence in a New Era," Sentinel U®, a leading provider of comprehensive web-based simulation education solutions for nurses and healthcare professionals, will host a digital scavenger hunt to give nurse educators a chance to win an exclusive semester-long Sentinel U virtual clinical bundle for one class or cohort.
From now through Sept. 14, nursing educators are invited to follow the clues for their chance to win. Winners may choose from a variety of Sentinel U products for their prize bundle, including Advanced Practice Series™, a new simulation series offering authentic virtual encounters for nurse practitioners, physician assistants/associates (PA) and medical students to hone their clinical judgement and decision-making skills; and ALIGN℠ Community Health Course Digital Teaching Resources, a digital program providing nurse educators with 16 weeks of content that complement any community health course curriculum, eliminating the need for physical textbooks.
"Virtual simulation is a critical component driving the future of healthcare education," said Vice President of Clinical Learning Resources at Sentinel U, Laura Gonzalez, Ph.D., APRN, CNE, CHSE-A, ANEF, FAAN. "During Healthcare Simulation Week, not only are we honoring simulation professionals for all they do, but we also are raising awareness to its importance by arming nursing educators with the latest products, which can easily be incorporated into their curricula."
Completed scavenger hunt entries must be received by midnight EDT on Wednesday, Sept. 14. Winners will be announced on Sept. 16 at the culmination of Healthcare Simulation Week.
For more information or to register for participation, please visit https://explore.sentinelu.com/healthy-sim-week-2022/.
About Sentinel U®
Sentinel U® is a leading provider of health care simulations and learning innovations for nursing students and healthcare professionals. Its authentic virtual simulations and clinical experiences are the best practice in engaging learners in real-world scenarios to gain unparalleled clinical judgement and critical thinking experience. A division of American Sentinel College of Nursing & Health Sciences at Post University, Sentinel U is an industry leader in virtual simulation education for more than 130,000 learner experiences worldwide. To learn more about Sentinel U and its full portfolio of virtual simulation products, visit www.sentinelu.com.
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SOURCE Sentinel U | https://www.mysuncoast.com/prnewswire/2022/09/07/sentinel-u-celebrates-healthcare-simulation-week-with-its-inaugural-digital-scavenger-hunt/ | 2022-09-07T16:34:13Z |
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