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- First oxybate product to provide both once a night dosing and very low sodium
- Novel formulation developed using Tris's proprietary RaftWorks™ and LiquiXR® Technology
MONMOUTH JUNCTION, N.J., July 27, 2022 /PRNewswire/ -- Tris Pharma, Inc. ("Tris"), a fully integrated pharmaceutical company with a robust portfolio of CNS products announced today that it has successfully developed an oxybate formulation for the treatment of cataplexy or excessive daytime sleepiness (EDS) in patients 7 years of age and older with narcolepsy that has the potential to be significantly advantageous to existing approved therapies, such as Jazz Pharmaceuticals' blockbuster XYWAV® and XYREM® franchise. The Tris oxybate formulation is believed to provide an advantage over approved therapies by utilizing Tris's proprietary LiquiXR technology platform and our newly developed RaftWorks design to provide a unique oxybate formulation offering both once-nightly dosing, and very low sodium content. The Tris oxybate formulation is investigational and not yet approved by any regulatory agency.
Both XYWAV® and XYREM® require twice a night dosing – once at bedtime and again 2.5 to 4 hours later for the second dose. Further, XYREM contains an express warning based on its high sodium content and associated risk to patients with heart failure, hypertension or impaired renal function. The Tris oxybate formulation seeks to improve on existing therapies by providing convenient once per night dosing, and significantly reduced sodium content such that it will contain less than 100 mg of sodium per 9.0 gm of maximum sodium oxybate equivalent dose. Based on the significant potential advantage the Tris oxybate formulation could provide over existing available therapies, Tris is pursuing an Orphan Drug Designation for its unique oxybate formulation.
In a human clinical study, Tris established about 100% bioavailability for one dose of its formulation against two doses of XYREM at 4.5 gm each, equivalent to the 9.0 gm maximum dose of sodium oxybate. If approved, the Tris product will provide significant advantages in that patients will not have to wake up in the middle of the night to take a second dose and will have all the benefits of a very low sodium product.
The Tris oxybate product achieved its clinical objectives by combining two distinct proprietary Tris technologies: the LiquiXR platform, and the newly developed RaftWorks design. Working together, these unique formulation platforms provide an interpenetrating network raft in-situ, in which sodium-free drug particles are entrapped in a raft that allows for extended release of the active ingredient. Many drugs, such as oxybate, are poorly absorbed because they have a narrow window of absorption within the human gastro-intestinal tract. The RaftWorks approach permits a slow and extended release of oxybate from a floating raft in-situ, thereby facilitating absorption of the active ingredient within the targeted area in the gastro-intestinal tract. Further, the raft disintegrates at a predetermined time due to the trigger mechanism that is built into the formulation.
"This unique formulation design by Tris scientists potentially achieves drug delivery capabilities that have never previously been achieved within our industry", said Ketan Mehta, Founder and Chief Executive Officer of Tris. "We are looking to build on this approach and develop extended-release formulations for other drugs that are limited by their narrow window of absorption."
Narcolepsy, a chronic and disabling neurological disorder that affects the stability of sleep and wakefulness, is characterized primarily by excessive daytime sleepiness, with or without episodic loss of muscle tone usually triggered by strong emotions during wakefulness (cataplexy) 1-4. Additional symptoms can vary by person and may include disrupted nighttime sleep, and REM-sleep phenomena (sleep paralysis, hallucinations). The exact number of individuals with narcolepsy in the United States is unknown. Several studies have estimated the prevalence of narcolepsy in the United States to be approximately 1 (range: 0.6 to 1.6) in 2,000 people 2,4-6. There is currently no cure for narcolepsy; treatment of symptoms includes medications and lifestyle modifications 1.
Tris is a fully integrated, innovation-driven CNS company that provides a differentiated approach to target unmet medical needs, including the application of novel technologies designed to enhance patient benefits across therapeutic categories. Tris's CNS portfolio includes treatments for pain; addiction; spasticity in multiple sclerosis, cerebral palsy; narcolepsy; and ADHD. For more information, please visit www.trispharma.com and www.trismedical.com.
- Barker EC, Flygare J, Paruthi S, Sharkey KM. Living with Narcolepsy: Current Management Strategies, Future Prospects, and Overlooked Real-Life Concerns. Nat Sci Sleep. 2020;12:453-466. doi:10.2147/NSS.S162762
- Longstreth WT, Jr., Ton TG, Koepsell T, Gersuk VH, Hendrickson A, Velde S. Prevalence of narcolepsy in King County, Washington, USA. Sleep Med. Apr 2009;10(4):422-6. doi:10.1016/j.sleep.2008.05.009
- Medicine AAoS. International Classification of Sleep Disorders. 3rd ed.
- Scheer D, Schwartz SW, Parr M, Zgibor J, Sanchez-Anguiano A, Rajaram L. Prevalence and incidence of narcolepsy in a US health care claims database, 2008-2010. Sleep. Jul 8 2019;42(7)doi:10.1093/sleep/zsz091
- Acquavella J, Mehra R, Bron M, Suomi JM, Hess GP. Prevalence of narcolepsy and other sleep disorders and frequency of diagnostic tests from 2013-2016 in insured patients actively seeking care. J Clin Sleep Med. Aug 15 2020;16(8):1255-1263. doi:10.5664/jcsm.8482
- Silber MH, Krahn LE, Olson EJ, Pankratz VS. The epidemiology of narcolepsy in Olmsted County, Minnesota: a population-based study. Sleep. Mar 15 2002;25(2):197-202. doi:10.1093/sleep/25.2.197
Both Xyrem® and Xywav® are registered trademarks of Jazz Pharmaceuticals. LiquiXR® is a registered trademark of Tris Pharma.
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SOURCE Tris Pharma, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/27/tris-pharma-announces-development-very-low-sodium-once-nightly-oxybate-formulation/ | 2022-07-27T12:23:21Z |
DALLAS (KDAF) — The Hilton Anatole isn’t just for business trips.
This resort has the hidden gem that is Jade Waters, which is a pool complex featuring 180-foot slides, a lazy river, a swim-up bar, multiple resort-style pools and activities for kids.
They have snow cones, crafts, bounce houses and even a cupcake decorating experience! We chatted with Grant Goulard, Director of Recreation and Wellness at The Hilton Anatole to get the rundown on all the fun summer activities they have lined up.
WATCH the video player for more. To learn more about Jade Waters, visit their website by clicking here. | https://cw33.com/news/inside-dfw/heres-all-the-summer-fun-to-be-had-at-hilton-anatole/ | 2022-07-25T14:59:08Z |
Man accused of stealing TVs from Walmart and selling them in the parking lot, police say
KNOXVILLE, Tenn. (WVLT/Gray News) – A man in Tennessee is accused of stealing TVs from Walmart and selling them in the parking lot of the store, according to an incident report obtained by WVLT.
Officers responded to a Walmart in Knoxville around 9 p.m. Saturday and found Donald Kirkland in possession of stolen items, the report stated.
Police said Kirkland ran from the officers but was eventually taken into custody.
Kirkland told the officers he had stolen three TVs, a karaoke machine and camping equipment from the retail store and was selling the items in the parking lot, according to the report.
A Walmart manager corroborated his story, telling officers he saw Kirkland loading one of the TVs into a cart in the store.
Kirkland was charged with theft of merchandise.
Copyright 2022 WVLT via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/12/man-accused-stealing-tvs-walmart-selling-them-parking-lot-police-say/ | 2022-09-12T17:59:27Z |
Leading Duchenne Organization Expands Certification of Clinics that Provide Optimal Care for People with Duchenne Muscular Dystrophy with 1st Clinic in Pennsylvania
WASHINGTON, July 18, 2022 /PRNewswire/ -- Parent Project Muscular Dystrophy (PPMD), a nonprofit organization leading the fight to end Duchenne muscular dystrophy (Duchenne), announced the expansion of their renowned Certified Duchenne Care Center (CDCC) Program with the certification of the clinic at UPMC Children's Hospital of Pittsburgh.
Rachel Schrader, MS, APRN, CPNP-PC, PPMD's Vice President of Clinical Care and Education says this is an exciting step for the CDCC Program as it is the first certification in the state of Pennsylvania and continues the growth and expansion of the CDCC network into the greater Western Pennsylvania region. "The heart of PPMD's CDCC Program is bringing excellent care to all people with Duchenne and Becker, regardless of where they live. We appreciate that the team at UPMC Children's has made advancements in how they deliver care, and can attest that the quality of care they provide is truly comprehensive and excellent. We are delighted to add them to our growing network of CDCCs throughout the United States, and look forward to working with them for years to come," said Schrader.
UPMC Children's is a growing clinic that currently follows approximately 120 people living with Duchenne and Becker muscular dystrophy, under the guidance of Dr. Hoda Abdel-Hamid, the clinic's co-director and neurologist, and Dr. Jane Taylor, clinic co-director and pulmonologist.
Mena Scavina, DO, PPMD's Certified Duchenne Care Center Program Advisor had the opportunity to visit the site as part of the certification process and praised the team at UPMC Children's. "I would like to congratulate their team on the CDCC designation. Led by Drs. Abdel-Hamid and Taylor, the UPMC Children's team provides comprehensive and compassionate care to individuals living with Duchenne and Becker and their families. The center also participates in several clinical trials to investigate new therapies and treatment options," said Dr. Scavina. "PPMD's Certification Committee was impressed with what we saw from the team. We look forward to working with them and wish them continued success."
"I am very excited that our center at UPMC Children's was awarded the certification as a Certified Duchenne Care Center and is the first to be awarded in the state of Pennsylvania," said Hoda Abdel-Hamid, MD, Associate Professor of Pediatrics, Neurology and Clinical and Translational Science at UPMC Children's. "This speaks to the dedication and the collaborative effort between all experts involved in the care for patients with Duchenne muscular dystrophy."
The center at UPMC Children's provides state of the art care and management of patients and families for all aspects of care for Duchenne which includes diagnosis, medical treatment, assessment of cardiac, pulmonary, orthopedic, and equipment needs for the patients, in addition to other services as well as a chance to participate in therapeutic trials.
PPMD's Certified Duchenne Care Center Program supports standardized, comprehensive care and services for all people living with Duchenne. Certification means centers maintain the highest standards in clinical and sub-specialty services, rapidly apply new evidence-based knowledge, minimize heterogeneity in clinical research outcomes, and comply with standards in clinical care that were established by the CDC's Care Considerations. As part of its ongoing mission to end Duchenne, PPMD continues to insist that all people with Duchenne receive comprehensive care.
To learn more about PPMD's Certified Duchenne Care Center Program, visit PPMD's website. Click here to learn more about the history of PPMD's Certified Duchenne Care Center Program and to access PPMD's first published article on the program.
Duchenne is a fatal genetic disorder that slowly robs people of their muscle strength. Parent Project Muscular Dystrophy (PPMD) fights every single battle necessary to end Duchenne.
We demand optimal care standards and ensure every family has access to expert healthcare providers, cutting edge treatments, and a community of support. We invest deeply in treatments for this generation of Duchenne patients and in research that will benefit future generations. Our advocacy efforts have secured hundreds of millions of dollars in funding and won five FDA approvals.
Everything we do—and everything we have done since our founding in 1994—helps those with Duchenne live longer, stronger lives. We will not rest until we end Duchenne for every single person affected by the disease. Join our fight against Duchenne at EndDuchenne.org. Follow PPMD on Facebook, Twitter, Instagram, and YouTube.
Regionally, nationally, and globally, UPMC Children's Hospital of Pittsburgh is a leader in the treatment of childhood conditions and diseases, a pioneer in the development of new and improved therapies, and a top educator of the next generation of pediatricians and pediatric subspecialists. With generous community support, UPMC Children's Hospital has fulfilled this mission since its founding in 1890. UPMC Children's is recognized consistently for its clinical, research, educational, and advocacy-related accomplishments, including ranking in the top 10 on the 2022-2023 U.S. News Honor Roll of Best Children's Hospitals.
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SOURCE Parent Project Muscular Dystrophy (PPMD) | https://www.kxii.com/prnewswire/2022/07/18/parent-project-muscular-dystrophy-announces-pediatric-certified-duchenne-care-center-upmc-childrens-hospital-pittsburgh/ | 2022-07-18T16:24:00Z |
DALLAS (KDAF) — You scratch my back, I’ll scratch yours is a popular saying in life, but we think you’d much rather be a certain resident of Central Texas who’s scratching their way to a seven-figure payday.
The Texas Lottery reports an Austin resident has claimed $5 million from the Casino Millions scratch ticket game. That ticket was bought at Star Stop 75 on Interstate 35 in the city of Austin.
The winner has chosen to remain anonymous. We’ll see if the NCAA randomly opens up an investigation into the officiating into the Texas, Alabama game. Longhorns fans will do whatever possible to get their team a victory, and all power to them.
The lottery says, “This was the last of four top prizes worth $5 million to be claimed in this game. Casino Millions offers more than $250 million in total prizes. Overall odds of winning any prize in the game are one in 3.57, including break-even prizes.” | https://cw33.com/news/texas/5-million-winning-texas-lottery-scratch-ticket-sold-in-central-texas/ | 2022-09-13T18:13:42Z |
With both companies experts in power efficiency, Powercast sends power over an unprecedented 120 feet to power InPlay's Bluetooth beacon which can communicate using only microwatts, together enabling battery-free, maintenance-free, long-range smart IoT sensor systems
SAN JOSE, Calif., June 27, 2022 /PRNewswire/ -- Sensors Converge – Powercast Corporation, the leader in radio-frequency (RF)-based over-the-air wireless power technology, and InPlay, inventor of the programming-free, ultra-low-cost and low-power Bluetooth sensor NanoBeacon system-on-chip (SoC) technology, have created a platform for designing battery-free, maintenance-free, long-range wireless IoT sensor systems that deploy easily for monitoring in the retail, medical, warehousing and industrial IoT markets.
Powercast (booth #641) and InPlay (booth #333) will both demonstrate at Sensors Converge in San Jose how Powercast's RF-to-DC power harvesting technology is a compelling new option to power InPlay's active Bluetooth sensor IN100, the first of InPlay's NanoBeacon SoC family. The IN100 can be attached to nearly anything for real-time location monitoring, and paired with sensors to monitor conditions such as light, humidity and temperature.
Previously documented to power sensors over 80 feet, Powercast's far-field wireless technology has now powered the NanoBeacon IN100 from 120 feet away from the commercially-available PowerSpot® transmitter, enabling a beacon signal every minute. NanoBeacon's low-power design, which features fast start-up and data transmission using only microwatts of power, supports Powercast in achieving this performance. As the NanoBeacon moves farther from Powercast's RF transmitter, beacon signals become less frequent, while moving it closer allows more frequency if the application requires it.
The new distance achievement is also due to Powercast's new reference design for its PCC110 Powerharvester® chip and companion PCC210 boost converter, which join forces to harvest RF out of the air with up to 75 percent efficiency. The company recently increased its R&D department to push the boundaries of RF power-over-distance technology and reduce costs so it can become ubiquitous. Contact Hank Gasbarro for reference designs: hgasbarro@powercastco.com.
"Powercast's and InPlay's technologies combine to make every microwatt of power count in efficient and green IoT networks powered over the air, now at unprecedented distances, without batteries," said Charles Goetz, CEO of Powercast. "Together we are advancing the IoT, creating the opportunity for new battery-free sensor types, low-power intelligent endpoints, and smart tracking tags used in retail, asset tracking and industrial sensing."
InPlay's NanoBeacon SoC family aims to make smart sensor systems using active RFID technology affordable and easy to deploy, via Bluetooth Low Energy (BLE). It's easily configured via an app, requires no software programming, transmits data up to 300 feet, and features software-defined radio (SDR) edge networking to connect tens of thousands of IoT devices.
"Maintaining billions of battery-powered IoT devices in the field is an expensive challenge, but with Powercast's technology, our customers can design battery-free wireless sensors to avoid downtime and maintenance issues," said Jason Wu, co-founder and CEO of InPlay. "Our technology is already easy and affordable to deploy vs. traditional RFID deployments which normally require technical experts. Now customers can also eliminate battery maintenance, and monitor more asset conditions when adding sensors to the system."
About Powercast
Powercast is the established leader in RF wireless power-over-distance solutions. Since its founding in 2003, Powercast has led the industry in RF wireless power innovations that meet FCC and other global standards. Powercast's technologies eliminate or reduce the need for wires and batteries, working at distances of 120 feet. The company's collaborative approach and expertise in all aspects of product design, from vision through prototyping and commercialization, has resulted in dozens of applications, extensive commercial success in both industrial and consumer applications, and over 10 million units shipped. With more than 100 customers and partner companies globally, Powercast leads the RF wireless power market with 77 early and fundamental patents worldwide and 27 patents pending. www.powercastco.com
About InPlay
InPlay Inc is a fabless semiconductor company whose mission is to provide highly scalable, low-latency, low-power wireless communications technologies that unlock the vast potential of the VR/AR, healthcare and wireless industrial IoT markets. The company was founded by a group of wireless engineers experienced in wireless and mobile communication systems with unique technologies in RF, analog mixed-signal circuits and low-power circuit design. InPlay has a research and development team in Irvine, California, with operations and business development in both the United States and China. https://inplay-tech.com
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SOURCE Powercast | https://www.kxii.com/prnewswire/2022/06/27/powercast-amp-inplay-team-battery-free-ble-sensor-beacon-powered-over-120-feet/ | 2022-06-27T14:42:50Z |
NEW YORK, July 13, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Unilever PLC ("Unilever" or the "Company") (NYSE: UL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Unilever and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Unilever is a British multinational consumer goods company which sells more than 400 products in over 190 countries, including Ben & Jerry's ice cream, which they acquired in 2000. In an attempt to preserve Ben & Jerry's longstanding "Social Mission," Unilever's acquisition of Ben & Jerry's included allowing for an independent board of directors, which was given primary responsibility for preserving and enhancing the objectives of the company's Social Mission (the "B&J Board").
More than 20 years after the acquisition, Ben & Jerry's remains a wholly owned subsidiary of Unilever with an independent board addressing the company's Social Mission. Since the acquisition, the B&J Board continued its Social Mission by engaging in promotions and advocacy across a host of issues concerning the environment, voter turnout, fair trade, and genetically modified organisms. Today, the B&J Board, chaired by Anuradha Mittal ("Mittal"), consists primarily of social activists who joined long after Unilever's acquisition.
The B&J Board passed a resolution in July 2020 to end sales of Ben & Jerry's products in areas that the B&J Board considers to be Palestinian territories illegally occupied by Israel. According to Mittal, Ben & Jerry's CEO Matthew McCarthy ("McCarthy") chose not to "operationalize" the resolution immediately, thus temporarily thwarting the B&J Board's decision. During the morning of July 19, 2021, Unilever and its hand-picked CEO McCarthy "operationalized" the B&J Board's resolution to boycott Israel. Ben & Jerry's announced on its website and through its Twitter account that, upon the expiration of the current licensing agreement by which its products had been distributed in Israel for decades, Ben & Jerry's would end sales of its ice cream in "Occupied Palestinian Territory", but Ben & Jerry's would purportedly continue to sell its products in Israel.
The decision by the B&J Board appeared to arise out of the boycott, divestment, and sanctions ("BDS") movement. The BDS movement is a pro-Palestinian movement promoting boycotts, divestments, and economic sanctions against Israel. The BDS movement's objective is to coerce Israel into making concessions to the Palestinians by using boycotts and the like to exert economic and political pressure. Additionally, and of particular significance here, 35 U.S. states have adopted laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel ("Anti-BDS Legislation").
During the morning of July 22, 2021, CNBC reported that the states of Texas and Florida were examining Ben & Jerry's actions in connection with the states' Anti-BDS Legislation. In addition to condemnation of Ben & Jerry's boycott by Texas Governor Greg Abbott, CNBC reported that Texas State Comptroller Glenn Hegar, who controls billions of dollars in assets for Texas' public pension funds, had already told his office to take action. Similarly, the state of Florida's CFO Jimmy Patronis ("Patronis"), who controls Florida's public pension funds, told CNBC that his office was already discussing the issue. In a letter reportedly sent to Ben & Jerry's CEO, Patronis wrote: "It is my belief that Ben & Jerry's brazen refusal to do business in Israel will result in your placement on the Scrutinized Companies that Boycott Israel List." The letter also stated that Florida would then "be prohibited from investing in Ben & Jerry's or its parent company, Unilever." Being added to the list also meant that Unilever would not be able to enter or renew contracts with the state or any municipality in Florida.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/07/13/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-unilever-plc-ul/ | 2022-07-14T01:54:12Z |
VANCOUVER, BC, June 16, 2022 /PRNewswire/ - CycurID Technologies Ltd. is proud to introduce imme™ (pronounced "I'm Me"), a revolutionary new app that puts the power of reusable personal identity management in consumers' hands.
From the company that modernized B2B digital identity management solutions that go well beyond standard Know Your Customer (KYC) identity verification protocols, imme™ gives consumers and web users the ability to withhold their personal data from third parties when accessing online services.
With security breaches, data leaks and identity theft consistently on the rise, consumers and web users are at risk each time they share their personal information, financial credentials and passwords.
"For far too long, we've simply accepted that giving away our personal information — and assuming the risk of identity theft — is our only option when transacting online," says Gord Jessop, imme™ Co-Founder. "That's not acceptable, and it's no longer true. imme™ represents a revolutionary new way to manage personal information and identity in a reusable manner."
imme's™ proprietary, secure, closed loop and encrypted identity verification and privacy app makes it possible for consumers to set up a social profile, manage crypto funds or make a doctor's appointment without sharing any, or minimal, amounts of personal information.
Powered by technologies such as liveness detection and facial AI recognition, imme™ is able to verify users' identity once without storing their information on third-party servers. The verification process removes the potential for data leaks and identity theft by authenticating user ID without sharing it with third parties or using manual review processes, keeping it in consumers' control while giving businesses the verification they require.
Once verified, users can access online accounts by scanning a QR code with the imme™ app, instead of using a password, uploading their documents or transacting with a credit card number.
"Regulatory bodies, businesses and other participants in the identity space have simply added layers of technology onto archaic thought processes," Jessop says. "Unfortunately, this approach has not been successful in resolving many of the issues plaguing the online environment. If they were successful, data leaks and hacks would not be at an all time high."
For more information about CycurID's complete suite of identity solutions, visit our corporate website https://cycurid.com or contact us through our contact page here. Learn more about imme™ at imme.io.
No Offer or Solicitation. This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any provinces, states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
CycurID Technologies Ltd is a privately held personal identity management and security software developer based in Vancouver, British Columbia. CycurID™ (pronounced "Secure ID") has developed proprietary patent pending identity management and privacy software which is available via its consumer app imme™ (pronounced I'm me). CycurID™ is registered with the Chamber of Commerce, Better Business Bureau, WorkSafe BC and with FINTRAC as Money Service Business (MSB). CycurID™ and imme™ are Registered Trademarks of CycurID Technologies Ltd.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements including without limitation, expected growth and success of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions or other factors should change.
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SOURCE CycurID Technologies Ltd. | https://www.mysuncoast.com/prnewswire/2022/06/16/cycurid-puts-privacy-control-consumers-hands-with-imme-new-game-changing-digital-identity-management-privacy-app/ | 2022-06-16T15:45:38Z |
With Support from American Eagle and Aerie, 50 Grants Will Be Distributed Across the US in Largest Grant Initiative from It Get Better To Date
LOS ANGELES, June 28, 2022 /PRNewswire/ -- Today, the It Gets Better Project, the world's largest storytelling effort to uplift LGBTQ+ youth, announced the recipients of their school-based grant initiative, 50 States. 50 Grants. 5,000 Voices. Through this initiative, middle and/or high schools in every US state, including US territories, were given the opportunity to submit a proposal for a grant of up to $10K to fund new school projects with the aim of uplifting and supporting the wellbeing of local LGBTQ+ students. Grant opportunities were made possible by the generous support of American Eagle Outfitters, Inc. (AEO) through American Eagle and Aerie customer donations from all 50 states via their Real Rewards loyalty program, as well as in-store pin-pad promotion during Pride Month 2021.
The grant submission portal, which opened in November 2021 and closed in March 2022, allowed middle and high school students to apply in partnership with a faculty advisor, educator, or school administrator by preparing a proposal at www.itgetsbetter.org/50states50grants. Fifty grants are being awarded in 40 states plus Washington D.C., including many traditionally conservative areas. Submissions were received from a wide range of small rural towns, average-sized suburbs, and large urban cities.
Grants were prioritized to schools that demonstrate a diverse student population, have a recognized Title I status, have shown documented support for LGBTQ+ students, and have established a Gender and Sexuality Alliance or a similar club. The winning projects include a school in the conservative area of Mission, TX which will be using the funds to create a regional Queer Youth Conference; a school in Maine that is creating a Gender Sexuality Alliance to train educators and administrators on LGBTQ+ knowledge; a Colorado school remodeling single-gender restrooms into gender-neutral ones; a school in Minnesota which will offer a LGBTQ+ history and pop culture class; and a gender-inclusive closet providing affirming clothes for trans and gender non-conforming students in New Mexico.
"The It Gets Better Project understands the importance of partnering with local leaders who have an intimate understanding of their community's needs. The 50 States. 50 Grants. 5,000 Voices. grantmaking effort places funds directly into the hands of those who know how to allocate them effectively," says Brian Wenke, Executive Director of the It Gets Better Project. "This initiative strives to put power back into the hands of young LGBTQ+ people, so they can begin to build the world in which they want to live -- starting with their local community. I am grateful for the support AEO brought forth to make this possible, and I cannot wait to see the work in action!"
"It is incredibly gratifying to know that the support of AEO and our AE and Aerie customers is giving students across the country the chance to create more inclusive communities within their schools," said Jennifer Foyle, President - Executive Creative Director, AE and Aerie. "We are so proud of the partnership we have built with It Gets Better Project and the positive impact our work together has upon empowering and uplifting LGBTQ+ youth."
Grants will be awarded to the following schools (for a detailed list of winning projects, please go to https://itgetsbetter.org/blog/meet-the-grantees/):
Since the beginning of their partnership in 2017, AEO has generated more than $3 million for the It Gets Better Project. In 2019, AEO became the It Gets Better Project's first Legacy Partner, signifying lifetime contributions of $1 million or more. AEO will continue to raise funds to support LGBTQ+ youth in partnership with the It Gets Better Project during Pride Month 2022.
Further information on upcoming projects is available at www.itgetsbetter.org.
Launched in 2010 as the result of one of the most successful viral video campaigns in YouTube's history, the It Gets Better Project is a 501(c)3 nonprofit organization that strives to uplift, empower, and connect LGBTQ+ youth around the globe. The It Gets Better Project provides critical support and hope to LGBTQ+ youth around the world by leveraging the power of media to reach millions of people each year. Its origins in storytelling and media have expanded to include It Gets Better EDU, which exists to ensure educators and student leaders have access to It Gets Better series plus easy-to-use resources, information, and more wherever learning takes place, and It Gets Better Global, our Global Affiliate Network which can be found in 19 countries and in eight different languages.
The It Gets Better Project received the 2012 Governor's Award from the Academy of Television Arts and Sciences and has been highlighted in a wide range of films and television programs, including a Saturday Night Live sketch in February, 2021. The project has garnered support from President Joe Biden, former President Barack Obama, and former Secretary of State Hillary Clinton, along with numerous celebrities, including Kelly Clarkson, Gabrielle Union, Zachary Quinto, Mj Rodriguez, Josie Totah, and Gigi Gorgeous. More than 750,000 people have taken the It Gets Better pledge to share messages of hope and to speak up against intolerance.
Connect with the It Gets Better Project at www.itgetsbetter.org and join the conversation on TikTok, Instagram and Twitter at @ItGetsBetter; Facebook.com/ItGetsBetterProject; and YouTube.com/ItGetsBetterProject.
American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle® and Aerie® brands. Our purpose is to show the world that there's REAL power in the optimism of youth. The company operates stores in the United States, Canada, Mexico, and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle and Aerie merchandise also is available at more than 200 international locations operated by licensees in 33 countries. For more information, please visit www.aeo-inc.com.
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SOURCE It Gets Better Project | https://www.kxii.com/prnewswire/2022/06/28/it-gets-better-project-announces-recipients-500k-grant-initiative-benefiting-lgbtq-youth/ | 2022-06-28T13:30:32Z |
Pa. Senate GOP primary too close to call, recount likely
HARRISBURG, Pa. (AP) — Pennsylvania’s Republican primary for an open U.S. Senate seat is too close to call and is likely headed for a statewide recount to decide the winner of the contest between heart surgeon-turned-TV celebrity Dr. Mehmet Oz and former hedge fund CEO David McCormick.
A recount would mean that the outcome of the race might not be known until June 8, the deadline for counties to report their results to the state.
Oz, who was endorsed by former President Donald Trump, led McCormick by 1,079 votes, or 0.08 percentage points, out of 1,340,248 ballots counted as of 5 p.m. Friday. The race is close enough to trigger Pennsylvania’s automatic recount law, with the separation between the candidates inside the law’s 0.5% margin. The Associated Press will not declare a winner in the race until the likely recount is complete.
Both campaigns have hired Washington-based lawyers to lead their recount efforts, and both have hired Philadelphia-based campaign strategists who helped lead the operation to observe vote-counting on Election Day for Donald Trump’s presidential campaign in 2020.
The two campaigns already had dozens of lawyers and volunteers fanned out around the presidential battleground state as election workers and election boards toiled through the remaining ballots.
The big field of Republican candidates and their super PACs reported spending more than $70 million during the primary campaign. The winner will face Democratic Lt. Gov. John Fetterman in November in what Democrats see as their best opportunity to pick up a seat in the closely divided Senate.
Fetterman won the Democratic nomination while in the hospital recovering from a stroke four days before the election. The incumbent, Republican Sen. Pat Toomey, is retiring after serving two terms.
Trump’s clout is again on the line, as he looked for a third straight win in Republican Senate primaries after “Hillbilly Elegy” author JD Vance prevailed in Ohio earlier this month and U.S. Rep. Ted Budd easily scored a victory in North Carolina on Tuesday.
County election boards began meeting Friday to sort out problematic or provisional ballots, even as election workers processed the last of the mail-in ballots and election-day ballot tallies from precincts.
The state’s 67 counties have until Tuesday’s deadline in state law to certify their results to the state. Then the state’s top election official has until next Thursday to issue a recount order, which is mandatory — unless the losing candidates asks in writing that it not be carried out.
Counties have until three weeks after the election — June 7 — to finish the recount and another day to report results to the state.
The initial result could change: A recount of a statewide judicial race last November ended up padding the winner’s margin by more than 5,500 votes in a race where more than 2 million ballots were cast.
Before that, there could be a flurry of lawsuits contesting the decisions of certain counties on whether to count ballots that may be difficult to read or bear some kind of irregularity.
As of yet, neither campaign has gone to court, and both candidates have expressed confidence in victory.
Oz and McCormick dominated the seven-person GOP field, blanketing the state’s TV screens with political ads for months and spending millions of their own money, before conservative activist Kathy Barnette surged in the campaign’s final days.
The fiery, hard-line pro-Trump alternative blistered both Oz and McCormick as “globalists,” pro-Trump pretenders, carpetbaggers and too wealthy to help regular people.
Oz, who is best known as the host of daytime TV’s “The Dr. Oz Show,” had to overcome misgivings among hardline Trump backers about his conservative credentials. Rivals also charged that his dual citizenship with Turkey would compromise his loyalties to the United States. If elected, Oz would be the nation’s first Muslim senator.
McCormick was virtually unknown four months ago and emphasized his credentials as a hometown success story.
He not only had to overcome Trump’s endorsement of Oz, but Trump also attacked McCormick viciously and repeatedly in the final two weeks of the race, calling him a Wall Street liberal, a sellout to China and the candidate of “special interests and globalists and the Washington establishment.”
McCormick got help from a super PAC supporting him that spent $20 million, giving him a massive cash advantage, much of it from Wall Street figures that paid for TV ads to attack Oz.
Both men reported assets of more than $100 million and moved from out of state to run — Oz from a mansion in Cliffside Park, New Jersey, above the Hudson River overlooking Manhattan, and McCormick from Connecticut’s ritzy Gold Coast.
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Follow Marc Levy on Twitter at https://twitter.com/timelywriter.
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This story has been corrected to show that more than 2 million ballots were cast in the November judicial contest, not 5.1 million ballots.
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Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter at https://twitter.com/ap_politics.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/20/pa-senate-gop-primary-too-close-call-recount-likely/ | 2022-05-20T21:59:34Z |
WASHINGTON, July 7, 2022 /PRNewswire/ -- RegCheck® by Asurity Technologies, LLC ("Asurity") is pleased to announce that mortgage loan compliance industry veteran Karol Villavicencio has joined the team as Director of RegCheck Product Management and Operations.
RegCheck is a best-in-class Software-as-a-Service (SaaS) solution that enables loan officers and compliance specialists to accelerate loan closings with greater confidence and accuracy. Leveraging the advantages of innovative technology and deep domain expertise, it rapidly identifies root cause compliance failures in loan applications and pinpoints the specific data gaps that need to be addressed throughout the loan origination process, accelerating processing timelines, reducing errors, as well as making loans more serviceable and saleable.
With its ease of use, seamless integration and reporting clarity, RegCheck delivers complete compliance confidence. It tests across HOEPA, Qualified Mortgage Rule, Federal HPML, TILA, TRID and more; and helps save time and costs by easily calculating if a test has passed or failed - explaining the underlying cause within minutes. And, for record purposes, RegCheck also produces a downloadable PDF compliance certificate.
Prior to joining RegCheck, Karol served as the VP of Client and Partner Success at SitusAMC where she was responsible for user support experience including onboarding, product support, integration and examination support.
"We are excited to have Karol on the team. RegCheck is a best-in-class lending compliance solution for loan officers and compliance specialists," said Luke Wimer, Chief Operating Officer at Asurity, "Her knowledge and experience will play a key role in helping us continue to innovate and ensure we are meeting the evolving needs of our clients."
As the newest addition to Asurity's suite of industry leading compliance products and solutions tailored for consumer lenders, RegCheck runs on MISMO 3.4 standard through integrations with LOS applications such as Vesta, Calyx, and Encompass, or can be added as a service to Asurity's Propel document platform. Karol joins the RegCheck team with more than a decade of mortgage industry experience. She has held a variety of roles across the loan origination cycle and is experienced in identifying opportunities where technology can ease lender burdens and solve their pain points. She is a zealous advocate for client needs and possesses the know-how to design scalable solutions.
Karol commented, "I am excited to join the RegCheck team. I look forward to applying my experience and passion to help clients be more operationally efficient. I also look forward to working cross-functionally with internal and external stakeholders to continue to drive RegCheck to the next level of innovation for all loan officers and compliance specialists."
For more about RegCheck by Asurity or to inquire about partnerships contact us at info@asurity.com or (202) 765-2150.
Asurity delivers compliance-focused solutions to the mortgage and consumer lending industries. RegCheck was developed with input from Asurity's internal compliance experts and Asurity's legal partners to deliver complete compliance confidence. The system provides built-in compliance testing and highly accurate methodologies that take into account the ever-changing regulations. An interactive PDF compliance report and alert system point out data elements that require attention and correction, reducing the time it takes to identify any non-conforming aspects of a loan package. Built-in APIs provide seamless integration to Loan Origination Systems. For additional information, visit www.asurity.com.
Media Contact:
Era Williams
Director of Marketing
(214) 257-1763
ewilliams@asurity.com
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SOURCE Asurity | https://www.wibw.com/prnewswire/2022/07/07/mortgage-industry-leader-karol-villavicencio-joins-asuritys-regcheck-loan-compliance-solutions-team/ | 2022-07-07T15:40:45Z |
#TheCaz100 campaign commits to making up for two years of canceled plans
CORAL GABLES, Fla., May 16, 2022 /PRNewswire/ -- Tequila Cazadores, one of the most popular premium tequilas in Mexico and the United States, is commemorating the 100th anniversary of its original tequila recipe. Perfected by a hard-working visionary in 1922 in the highland town of Arandas in Jalisco, Mexico, this closely guarded secret recipe was passed down by word of mouth for generations and is still used to create every single bottle of Tequila Cazadores.
Made with 100 percent Blue Weber Agave—nothing more, nothing less–Tequila Cazadores is brought to life through a modern and fully sustainable production process that creates zero waste to produce an award-winning tequila that is enjoyed around the world.
To honor the 100-year-old recipe, Tequila Cazadores is unveiling '#TheCaz100' campaign to celebrate the milestone and make up for 100 celebrations tequila lovers have missed out on over the past couple years. As part of the campaign, consumers will enter for a chance to claim back a variety of celebrations that went uncelebrated including the following:
- Wedding: After finally finding your person, you postponed the chance to celebrate, so we vow to make that right. Tequila Cazadores will give your wedding the full Jalisco treatment with a prize pack full of surprises. Save the date for a night your nearest, your dearest, and your third cousin Juan will never forget.
- Birthday Bash: Birthday celebrations fall through over the past two years? Tequila Cazadores will make this year's really sing with a personalized painting of yourself stylized like royalty. But the royal treatment won't stop with artwork. Your friends will really flip out when you reveal that the painting swings out to reveal a secret mini bar we've built into your wall.
- Office Party: Remote work has been a game-changer for many employees, but the missed happy hours and team bonding have paid a toll. Tequila Cazadores will put in overtime to give you an office fiesta that will win over even the toughest bosses - we're talking entertainment, a bar cart, piñatas and more so you can show off those mixology skills you've been practicing at-home.
- Taco Tuesday: Nothing goes together like tequila and tacos—except maybe Taco Tuesday and friends. Tequila Cazadores has cooked up the perfect accessory to help you put Taco Tuesday back on the menu: the ultimate Taco Tuesday margarita glass. These custom glasses are built to help you navigate the age-old problem of how to enjoy your margarita and taco simultaneously—by holding them both at the same time.
- Anniversary: Did your anniversary go unnoticed the last two years? Have you and your partner fallen into a long-term relationship with your sweatpants and couch? Tequila Cazadores wants to bring the romance back by offering a couples spa package, wardrobe upgrade, and some other surprises.
Head to cazadores.com/caz100 to enter for a chance to claim back your missed celebrations.
"As a real tequila for real people, Tequila Cazadores wants to celebrate this once-in-a-lifetime centennial anniversary milestone with our fans, and nothing brings us more joy than creating ways for consumers to make up for missed celebrations, both big and small, that they had to postpone or cancel over the last few years," said Jay Needham, Tequila Cazadores Brand Director.
The Cien Años Fiesta
To kick off #TheCaz100 celebrations, Tequila Cazadores will be hosting the ultimate Mexican fiesta in Brooklyn, NY on Wednesday, May 18th featuring special guest award-winning chef Aarón Sánchez, live music, cocktails, and Mexican-inspired bites.
But that's not all. During the fiesta, guests will have the chance to try their luck at Tequila Cazadores Lotería, a Mexican bingo game, to win unique prizes for celebrating those special moments that were missed over the last few years.
Last week, consumers were invited to register for the event on exploretock.com and the first 100 sign-ups will be joining Tequila Cazadores in person as they raise a glass to celebrate 100 years of one hard-working man's vision. All guests must be 21+ to attend.
For more information on Tequila Cazadores, please visit https://www.cazadores.com/. Follow Tequila Cazadores on Facebook and Instagram #TheCaz100 for updates on how we are celebrating!
Media Contact: Cazadores@mbooth.com
About Tequila CAZADORES®
Tequila CAZADORES® is one of the most popular premium tequilas in Mexico and the United States. In 1922, a hard-working visionary in the highlands of Jalisco, Mexico perfected the Tequila CAZADORES® recipe. The same original secret recipe passed down by word of mouth for generations is still used today, 100 years later, to create every single bottle of the high quality, 100% agave tequila. Tequila CAZADORES® is made with 100% Blue Agave grown, harvested, and distilled in the Highlands of Jalisco, Mexico, recognized as the premier agave growing region in the world, resulting in a smoother, more flavorful taste. The Tequila CAZADORES® brand is part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International www.CAZADORES.com.
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SOURCE Tequila Cazadores | https://www.kxii.com/prnewswire/2022/05/16/tequila-cazadores-celebrates-100-year-old-recipe-by-giving-back-100-missed-celebrations/ | 2022-05-16T14:54:54Z |
Local and federal authorities are searching for a suspect who they believe intentionally set fire to an abortion clinic set to open in Casper, Wyoming, later this month.
The suspected arson took place in the early morning hours of May 25, according to a news release from the Casper Police Department.
Surveillance video from inside the Wellspring Health Access clinic shows the suspect, whose face is covered with a surgical mask most of the time, carrying a red gas canister. Police released the footage earlier this week.
When police responded to the business shortly after the suspect was caught on video, they found a broken window and saw a fire, according to the police news release.
Authorities believe the suspect is a white female and acted alone, according to the news release.
The Denver field division of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is offering a $5,000 reward to anyone who provides information leading to the suspect's arrest, police said. Authorities are also working with the FBI, police said.
The clinic was set to open in mid-June, but the open date has now been pushed back for months.
"We're still working with our contractors and insurance adjuster to determine the full extent and cost of the damages. At this point, we're anticipating that the clinic opening will be delayed by around six months," Julie Burkhart, president and founder of the Wellspring Health Access told CNN in a statement on Friday.
"Despite these setbacks, we are undeterred in our mission to give the people of Casper access to comprehensive reproductive health care, including abortion care," Burkhart added.
The clinic in Casper is "strategically located so that people in areas of low access states such as western Nebraska, western South Dakota, and the southeastern corner of Montana will be able to more easily access health care services," according to the clinic's website.
Casper, a city of nearly 60,000 residents, is in the central part of the state.
When it does open, the clinic is expected to become the only clinic offering both medication and surgical abortions in the state of Wyoming, according to Wellspring Health Access.
Currently, the sole abortion provider in the state, Women's Health and Family Care in Jackson, Wyoming, only provides medication abortions for pregnancies under 10 weeks, the clinic said.
Wyoming is among a handful of other states that have passed "trigger laws," which are bans designed to go into effect if Roe v. Wade is overturned. The 1973 court decision affirmed the right to receive an abortion under the 14th Amendment, ruling abortions were constitutionally protected up until about 23 weeks when a fetus could be able to live outside the womb.
Signed into law earlier this year, Wyoming's bill added a provision which would make it illegal to perform an abortion if Roe is overturned, with extremely limited exceptions for cases of sexual assault, incest, or the risk of death or severe injury to the person giving birth.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/wyoming-authorities-search-for-a-suspect-believed-to-have-set-an-abortion-clinic-on-fire/article_a9cf1c8e-c254-562c-98a1-4e9b45dedd90.html | 2022-06-11T04:54:48Z |
PITTSBURGH, Sept. 7, 2022 /PRNewswire/ -- "I thought there could be a better design for a wet/dry vacuum filter to reduce clogs and increase flow rates," said an inventor, from Sacramento, Calif., "so I invented the HIGH FLOW SHOP VAC FILTER WON'T CLOG. My design could be adapted for use with most makes and models of wet/dry vacuum cleaners."
The invention provides an improved filter for a wet/dry vacuum cleaner. In doing so, it offers greater flow rates and it helps to reduce clogs. As a result, it increases overall performance, convenience and efficiency. The invention features a practical design that is easy to use so it is ideal for the owners and users of wet/dry vacuums. Additionally, it is producible in design variations.
The original design was submitted to the Sacramento sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SOG-553, 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/2022/09/07/inventhelp-inventor-develops-improved-wetdry-vacuum-filter-sog-553/ | 2022-09-07T16:26:08Z |
Lincoln Intermediate Unit 12 partners with Proactive MD opening two state-of-the-art Health Centers, offering school district employees new healthcare benefits.
NEW OXFORD, Pa., Aug. 9, 2022 /PRNewswire/ -- Lincoln Intermediate Unity (LIU) 12 has tapped Proactive MD, the transformative and rapidly-growing advanced primary care provider, to serve more than 2,800 educators in South Central Pennsylvania. With extensive experience serving school districts across the country, Proactive MD will take LIU12's healthcare to a whole new level with two new Health Centers serving York, Adams, and Franklin counties.
"We're thrilled to expand into Pennsylvania and are committed to providing the best possible care to those we serve in LIU12," said John Collier, founder and CEO of Proactive MD. "Each life we touch is precious to us. We look forward to making a difference in the healthcare journeys of these educators and to help contain costs for the school districts."
Proactive MD partners with employers to provide broad-scope advanced primary care that extends beyond the clinic walls, offering a patient-centric model that guides the patient journey, delivers high-touch and high-quality care, and leverages data to cut costs for employers.
"We chose Proactive MD as our healthcare solution because they demonstrate relentless commitment to quality care – in many school districts and other industries," said Dr. Jeff West, executive director of LIU12. "They don't just refer patients to a specialist and expect them to figure it out themselves. They play a quarterback role in the entire continuum of care, ensuring patients get the best possible outcome."
LIU12 is a member of an innovative healthcare consortium known as the Lincoln Benefit Trust (LBT) managed by Marty Schuj. The LBT identifies and administers benefit offerings to the schools with attention to addressing rising health care costs and improving the value of the school's health benefits. Reasonably, LIU12 sought to evaluate the benefits of an onsite advanced primary care model. LIU12 contracted with Erin Eason, National Director of CBIZ's clinical consulting practice who performed a feasibility study, stakeholder interviews, and an in-depth needs analysis before proceeding with a review of vendors in a public Request for Proposals (RFP). Erin shared, "they were diligent in their selection process while ensuring they selected the partner that would best help them achieve their specific goals, their team members' overall health and well-being needs were always in the forefront."
Proactive MD was selected by LIU12 to serve their faculty, staff, and their families to provide better access to advanced primary care. The advanced primary care health center model is a service LIU12 is making available to employees and families of other member schools within the LBT and currently planning to open a third health center campus in Franklin County.
"As Pennsylvania School Districts seek to curb rising health care costs and protect the value of their health benefits, we could not recommend Proactive MD more highly," said Marty Schuj, Trust Manager at LBT. "Their mission fits hand in hand with ours, and we look forward to seeing consistent and improved healthcare in our schools."
The Health Centers opened in Spring of 2022 serving all LIU12 employees and their families covered on the LIU12 benefits plan.
Patients and employers benefit from Proactive MD's total health care and population health management solution, which offers Advanced Primary Care Health Centers at member companies. By elevating the standard of primary care and going above and beyond the typical boundaries of health care, Proactive MD meets each employee's unique care needs. Proactive MD's model is built on the foundation of strong physician-patient relationships and dedicated Patient Advocates, empowered by advanced population health insights, to personally guide and advise employees through the full care continuum. Today, Proactive MD is headquartered in Simpsonville, SC and operates in 17 states with more than 70 Health Centers across the U.S. For more information, please contact us at info@proactive.md or visit https://www.proactive.md.
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SOURCE Proactive MD | https://www.wibw.com/prnewswire/2022/08/09/proactive-md-expands-into-pennsylvania-delivering-advanced-primary-care-educators-york-adams-franklin-counties/ | 2022-08-09T19:04:32Z |
Oreo is bringing back pumpkin spice
Published: Aug. 3, 2022 at 12:59 PM CDT|Updated: 15 minutes ago
(CNN) – Nothing marks the end of summer like the return of pumpkin spice – lattes, cinnamon rolls, beer, you name it.
Now, another company is getting back in on the fun weeks ahead of the fall season.
After a five-year hiatus, Oreo’s pumpkin spice sandwich cookies are returning.
The limited-edition cookie hits shelves Aug. 15.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/03/oreo-is-bringing-back-pumpkin-spice/ | 2022-08-03T18:15:03Z |
COLLINSVILLE, Ill., May 18, 2022 /PRNewswire/ -- After a distinguished 20-year career in the energy sector and 45 years of business and civic leadership, Richard J. Mark, chairman and president, Ameren Illinois, announced his intention to retire on Aug. 1, 2022. Upon reaching a final decision, Ameren leaders will announce Mark's successor.
"Richard has been a difference-maker for our company, having served in leadership positions for both Ameren Missouri and Ameren Illinois," said Martin J. Lyons, Jr., president and chief executive officer, Ameren Corporation. "He has always focused on doing what's best for our customers and I extend my gratitude for his many contributions to Ameren and our communities."
Mark was promoted to president of Ameren Illinois in 2012 after 10 years in executive leadership for Ameren Missouri. Since joining Ameren Illinois, he has helped shape constructive regulatory policy that has modernized the energy sector in the state. Under his direction, Ameren Illinois has undertaken a transformative overhaul of the Illinois electric grid and natural gas infrastructure, installing advanced technologies, improving reliability, reducing outages, and creating thousands of jobs in communities throughout central and southern Illinois. Mark's focus on customer satisfaction earned Ameren Illinois a top-tier ranking among Midwest Large Utilities by JD Power.
"Leading Ameren Illinois has been the privilege of my lifetime," said Mark, a Collinsville, Illinois native. "I have been fortunate to be surrounded by a dedicated team that shared my passion for our customers. I'm proud of what we have accomplished together and I'm confident that even better things are ahead for Ameren Illinois."
Among his accomplishments, Mark is credited with increasing Ameren Illinois' corporate philanthropy efforts and focusing on building stronger local communities. In 10 years, he directed more than $22 million in donations to Downstate Illinois non-profits and service organizations and stepped up the company's volunteer efforts for charitable causes. As a champion of diversity, Mark opened doors for more minorities to grow into leadership positions in Ameren Illinois and increased the value of goods and services purchased from minority- and women-owned suppliers by 34% over ten years.
Prior to joining Ameren, Mark spent 11 years in hospital administration, including six years as president and chief executive officer of St. Mary's Hospital in East St. Louis and five years as chief operating officer. He also led the East St. Louis District 189 Financial Oversight Panel.
Mark has received three honorary doctorate degrees for his civic and community work, along with hundreds of community service and leadership awards. Later this month, he will be honored with the Lifetime Achievement Award by the Boy Scouts of America. He has been recognized by Black Enterprise and Savoy magazines as one of the top 100 most influential black businessmen in America. He received the Senator Richard H. Newhouse Award from the Illinois Legislative Black Caucus Foundation and a Leadership Award from the Midwest Energy Efficiency Alliance.
Mark serves on multiple boards of directors, including Tenet Healthcare Corporation, Madison Mutual Insurance Company, the Abraham Lincoln Presidential Library Foundation, and Fontbonne University; and he is chairman of the Leadership Council of Southwestern Illinois. He is a founding director of the Illinois Utilities Business Diversity Council and serves on the board of directors of the American Gas Association.
About Ameren Illinois
Ameren Illinois delivers energy to 1.2 million electric and more than 800,000 natural gas customers in Illinois. Our mission is to power the quality of life. Our service territory covers more than 1,200 communities and 43,700 square miles. For more information, visit AmerenIllinois.com, find us on Twitter @AmerenIllinois or Facebook.
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SOURCE Ameren Illinois | https://www.wibw.com/prnewswire/2022/05/18/ameren-illinois-chairman-president-richard-j-mark-announces-plan-retire-aug-1/ | 2022-05-18T15:37:34Z |
Group Announces Transformation of Golden Circle Loyalty Programme and New Monthly Offers to Bring Even More Value to Members
HONG KONG, June 1, 2022 /PRNewswire/ -- Shangri-La marked a new chapter in its pioneering Asian hospitality with the transformation of its award-winning Golden Circle loyalty programme on 28 April. A contemporary travel and lifestyle platform, Shangri-La Circle goes beyond the traditional hotel loyalty programme by offering members more: simplicity, flexibility, privileges, recognition, and convenience. Furthering its commitment to enhancing the guest journey, Shangri-La Circle will launch its new 'Circle the Sixth' Members Day initiative, giving members even more ways to live the good life with Shangri-La.
Built on the idea that life is meant to be fun, limitless, exciting, and full of possibilities, the innovative new Shangri-La Circle programme curates exclusive experiences and offers unprecedented flexibility across the brand's portfolio of hotels, restaurants and bars, wellness facilities, and family experiences. Members will enjoy exclusive rates and deals, enhanced benefits, and a simplified process for earning and redeeming Shangri-La Circle Points while staying, dining, and shopping with Shangri-La. The platform will also celebrate members' personal journeys through unparalleled insider and backstage access and curated personalised experiences.
Shangri-La Circle comprises four membership tiers, including Polaris, a new, invitation-only membership tier offering the highest level of personalised privileges. Benefits include unrestricted access to Shangri-La facilities worldwide—even without staying overnight—a dedicated global Polaris concierge, Polaris Discovery experiences, and Diamond status gifting to share memorable experiences with loved ones.
Members also have access to the new Shangri-La Circle App, where they can plan a getaway, reserve a table, or shop for merchandise on the Shangri-La Boutique. Through the app, members can also manage their account in one convenient place, and decide whether to use cash or points—or a combination of both—for bookings.
With the June launch of 'Circle the Sixth,' Shangri-La Circle offers members even more exclusive experiences with limited-time monthly offers. Starting from 6 June, the Members Day will see the release of new offers that will only be available for 48 hours each month, starting at 9am (Hong Kong Time) on the 6th and ending at 9am (Hong Kong Time) on the 8th. The special offers will be curated by the Shangri-La Circle team to offer exciting new ways to live the good life.
For the inaugural Members Day, Shangri-La Circle will debut more than 20 staycation packages bundled with curated dining and wellness experiences that allow guests to personalise their Shangri-La journeys. Shangri-La Circle members will be rewarded with six times the Points when they book these special offers through the dedicated Members Day website or Shangri-La Circle Mobile App. In addition, Shangri-La Circle members in Hong Kong, Singapore, Kuala Lumpur and Taipei will receive six times the Points when they shop the Shangri-La Boutique during the 48-hour Members Day period.
New members will earn 300 Bonus Points with their first Shangri-La Circle experience, and up to 1,500 additional Bonus Points with continued spending through 31 July 2022. These Points can then be used for their next celebratory dining experience, weekend getaway, or wellness escape.
With the launch of the new Shangri-La Circle platform and its 'Circle the Sixth' Members Day initiative, Shangri-La is continuing to pioneer new horizons in hospitality.
For more info: https://www.shangri-la.com/en/corporate/shangrilacircle/
A selection of images can be downloaded via this link.
Media Contact:
Shangri-La Group Corporate Communications: corpcomms@shangri-la.com
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SOURCE Shangri-La Group | https://www.wibw.com/prnewswire/2022/06/01/shangri-la-launches-shangri-la-circle-platform-members-day/ | 2022-06-01T15:55:25Z |
In NCAA women’s gymnastics, a Texas-sized hole
By WILL GRAVES
AP Sports Writer
FORT WORTH, Texas (AP) — Participation in NCAA women’s gymnastics is booming. Just not in Texas. There are currently no Division I women’s programs in a state that has produced three Olympic champions over the last 20 years and features some of the most accomplished gymnastics clubs in the country. Those within the sport say Texas schools are sitting on a gold mine of talent if they are willing to make the leap. The NCAA is trying to showcase the sport in the state by having Fort Worth host the NCAA championships. All four teams in the finals feature at least one gymnast from Texas. | https://localnews8.com/sports/ap-national-sports/2022/04/15/in-ncaa-womens-gymnastics-a-texas-sized-hole/ | 2022-04-15T23:48:48Z |
The Bluerock High Income Institutional Credit Fund provides investors access to income-producing senior secured loans through an actively managed portfolio of collateralized loan obligations, with the goal of delivering investors high income and portfolio diversification.
NEW YORK, June 30, 2022 /PRNewswire/ -- Bluerock, a leading alternative asset manager, has announced the launch of the Bluerock High Income Institutional Credit Fund (the "Bluerock High Income Credit Fund" or the "Fund", Tickers: IIMAX, IIMCX, IIMWX), an income-focused fund with a portfolio comprised of actively managed pools of diversified collateralized loan obligations (CLOs). The Bluerock High Income Credit Fund is designed to provide investors high current income targeting approximately 8% annually, attractive risk-adjusted total returns, diversification potential through its low correlation to broader markets, and access to an investment class traditionally available only to institutions.
Bluerock has partnered with WhiteStar Asset Management, who serves as sub-advisor to the Fund. WhiteStar is the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group with over $72 billion in combined AUM. The WhiteStar management team has nearly two decades of successful experience in structuring, investing, and managing senior secured loan portfolios, and has overseen the issuance of over $40 billion in CLOs during their careers.
The Bluerock High Income Credit Fund launched with approximately $85 million of initial seed capital. The Fund's initial portfolio provides exposure to $4.7 billion of underlying loans from over 670 unique issuers, a 100% floating rate structure, and a multi-year track record of historical cash flow generation.
"Bluerock High Income Institutional Credit Fund is a continuation of our commitment to develop investment products that provide retail investors with access to investment opportunities traditionally limited to institutions and that have attractive risk-adjusted returns across multiple market cycles," said Ramin Kamfar, CEO and Founder of Bluerock. "With the Bluerock High Income Institutional Credit Fund, we remain dedicated to offering our clients differentiated, income-focused alternative investment strategies through partnerships with best-in-class sub-advisors. We strongly believe that CLOs provide an attractive investment option for investors given the floating rate nature of the senior loan exposure and historically consistent income generation," added Kamfar.
"Working with Bluerock marks another important strategic development for WhiteStar," said José E. Feliciano, Co-Founder and Managing Partner of Clearlake. "In just two years under our ownership, WhiteStar has significantly expanded its operations and business, and we are proud to support our firm's continued leadership in the CLO and senior secured loan space as well as this effort to bring some of our alternative product strategies to individuals and their wealth advisors."
"We are excited to partner with Bluerock in bringing this Fund to market," said Gibran Mahmud, CEO of WhiteStar Asset Management. "We believe that with our differentiated credit views and analysis along with extensive CLO investing experience, we can provide an attractive product to our target markets."
Bluerock believes that access to senior secured loans via CLOs is attractive because of their focus on large cap, broadly syndicated loans to companies with higher revenues and EBITDA compared to middle market loans. CLOs generally benefit from substantial structural safeguards and active management, and have historically delivered attractive cash flows over multiple economic cycles. Past performance is no guarantee of future results.
The Bluerock High Income Institutional Credit Fund marks Bluerock's second interval fund, joining Bluerock Total Income+ Real Estate Fund which has more than $6.3 billion in net assets, making it the largest real estate-focused interval fund and the 3rd largest among all active interval funds1.
1 Source: Bloomberg, intervalfundtracker.com as of June 2022.
For more information about Bluerock and its solutions, please visit bluerock.com.
The Bluerock High Income Intuitional Credit Fund offers individual investors access to private credit, a rapidly growing institutional asset class. The Fund seeks to provide high current income, while secondarily seeking attractive, long-term risk-adjusted returns, with low correlation to the broader markets. The Fund has partnered with WhiteStar Asset Management, LLC, whose management team has overseen the issuance of $40 billion in CLOs since 2001.
Bluerock is a leading institutional alternative asset manager based in New York with regional offices across the U.S. Bluerock principals have a collective 100+ years of investing experience with more than $48 billion real estate and capital markets experience and manage multiple well-recognized real estate private and public company platforms. Today Bluerock has more than $14 billion in acquired and managed assets and offers a complementary suite of public and private investment programs, with both short and long-term goals, to individual investors seeking solutions aimed at providing predictable income, capital growth, and tax benefits.
WhiteStar Asset Management is the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group. Managing more than $72 billion in combined AUM, the firm is focused on private equity, special situations, and credit. WhiteStar is comprised of a stable and seasoned, cohesive team, characterized by a breadth of analytical resources and proprietary market intelligence. WhiteStar has a conservative credit culture focused on fundamental credit work and primarily invests in broadly syndicated senior secured loans and CLO tranches. WhiteStar has approximately $13 billion of fee generating assets and is the staff and services provider for Trinitas Capital Management (whitestaram.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 clearlake.com and on Twitter @Clearlake.
Investing in the Bluerock High Income Institutional Credit Fund (the "Fund") involves risks, including the risk that you may receive little or no return on your investment, and that you may lose part or all of your investment. This is neither an offer to sell nor a solicitation to purchase any security.
The Fund is a closed-end interval fund, the shares have no history of public trading, nor is it intended that the shares will be listed on a public exchange at this time. No secondary market is expected to develop for the Fund's shares. Limited liquidity is provided to shareholders only through the Fund's quarterly repurchase offers for no less than 5% of the Fund's shares outstanding at net asset value. There is no guarantee that shareholders will be able to sell all of the shares they desire in a quarterly repurchase offer. Quarterly repurchases by the Fund of its shares typically will be funded from available cash or sales of portfolio securities. The sale of securities to fund repurchases could reduce the market price of those securities, which in turn would reduce the Fund's net asset value. The Fund is suitable only for investors who can bear the risks associated with the limited liquidity of the Fund and should be viewed as a long-term investment.
Investors should carefully consider the investment objectives, risks, sales charges, and expenses of the Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by visiting bluerockfunds.com. The prospectus should be read carefully before investing.
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SOURCE Bluerock | https://www.wibw.com/prnewswire/2022/06/30/bluerock-introduces-bluerock-high-income-institutional-credit-fund-registered-interval-fund/ | 2022-06-30T14:01:44Z |
New Partnership Marks Jackpocket's Biggest Deal in Sports Broadcasting
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Jackpocket, the leading third-party app in the U.S. to provide a secure way to order official state lottery tickets, announced today that it is now the exclusive sponsor of the ESPN New York sports app.
"Our new partnership with ESPN New York couldn't come at a better time as the summer sports season heats up," said Jackpocket Founder and CEO Peter Sullivan. "ESPN is an iconic brand, and their popularity in the tri-state area is something local fans always rely on for the best and most thorough coverage of New York's famed sports teams."
ESPN New York is the home for all things New York sports, including play-by-play action for the city's major professional teams. This partnership is Jackpocket's largest sports broadcasting promotion, after announcing previous deals with local NYC teams like the Mets and the Jets.
Through this new partnership, Jackpocket will receive access to special ESPN events and experiences related to the New York sports scene. For instance, Jackpocket will receive eight VIP invites to the Yankees' manager Aaron Boone's cocktail event and "Q & A" at the New York Athletic Club.
In addition to giveaways and VIP experiences, Jackpocket will also be promoted by ESPN New York via live reads by popular on-air personalities like Michael Kay, Rick Dipietro, and Peter Rosenberg. Additionally, Jackpocket will receive a tile on the homepage of the ESPN New York app along with a click-through to download the Jackpocket app.
"We are excited to partner with Jackpocket. Adding the Jackpocket tile to the ESPN New York App creates an intersection of sports and gaming, while providing a unique and convenient way to serve our fans," said Vinny DiMarco, Market Manager, ESPN New York. He continued, "We look forward to the future of the partnership as it continues to evolve with event activation and content integration."
This latest deal adds to Jackpocket's growing roster of relationships with major sports brands like the NFL, NBA, and NHL. Jackpocket skyrocketed to the #1 free app on the App Store during the recent historic Mega Millions drawing and hit one million individual users who have ordered winning tickets on the app to date.
Jackpocket is on a mission to create a more convenient, fun and responsible way to play the lottery. The first licensed third-party lottery app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets. Jackpocket is currently available in Arkansas, Colorado, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, and Washington, D.C. and is expanding to many new markets. Download the app on iOS or Android and follow along on Facebook, Twitter, and Instagram.
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SOURCE Jackpocket | https://www.kxii.com/prnewswire/2022/08/11/jackpocket-named-exclusive-sponsor-espn-new-york-sports-app/ | 2022-08-11T18:19:32Z |
Year-over-year total contract value increased by 10% to $349.4 million
CAMBRIDGE, Mass., July 28, 2022 /PRNewswire/ -- Forrester Research, Inc. (Nasdaq: FORR) today announced strong results for the second quarter ended June 30, 2022, headlined by contract value growth of 10% with revenue growth of 15%. On a GAAP basis, earnings per share (EPS) was $0.72, and on an adjusted basis, EPS was $1.00. The Company also reaffirmed its full-year guidance for adjusted operating margin and adjusted EPS.
"This was another strong quarter for us," said George F. Colony, Forrester's chairman and chief executive officer. "We continued to experience double-digit contract value growth and delivered revenue growth of 15% for the period. Additionally, we had strong adjusted EPS performance. We also continued to generate positive cash flow, which allowed us to make investments in our sales, marketing, people, and technology. Given these strong results and our confidence in our ability to manage costs, we are reiterating our guidance for margins and adjusted EPS for the full year.
"Given the uncertain macroeconomic conditions we are reducing our top-line guidance. Our Forrester Decisions product portfolio is continuing to perform well, and I remain confident that Forrester can deliver shareholder value in the quarters and years ahead. I am thankful to all our employees for their continued hard work."
Second-Quarter Consolidated Results
Total revenues for the second quarter of 2022 were $148.2 million, compared with $128.7 million for the comparable quarter in 2021.
On a GAAP basis, net income was $13.9 million, or $0.72 per diluted share, for the second quarter of 2022, compared with $8.3 million, or $0.43 per diluted share, for the same period in 2021.
On an adjusted basis, net income was $19.2 million, or $1.00 per diluted share, for the second quarter of 2022, reflecting an adjusted effective tax rate of 30%. Adjusted net income excludes stock-based compensation of $3.8 million and amortization of acquisition-related intangible assets of $3.4 million. This compares with an adjusted net income of $12.7 million, or $0.66 per diluted share, for the same period in 2021, which reflects an adjusted tax rate of 31%. Adjusted net income for the second quarter of 2021 excludes stock-based compensation of $2.4 million, amortization of acquisition-related intangible assets of $4.0 million, and integration costs of $0.2 million.
Forrester is providing third-quarter and full-year 2022 financial guidance as follows:
Third Quarter 2022 (GAAP):
- Total revenues of approximately $125 million to $129 million
- Operating margin of approximately 2.5% to 3.5%
- Interest expense of approximately $0.6 million
- An effective tax rate of 31%
- Earnings per share of approximately $0.10 to $0.16
Third Quarter 2022 (Adjusted):
Adjusted financial guidance for the third quarter of 2022 excludes stock-based compensation expense of $3.4 million to $3.6 million, amortization of acquisition-related intangible assets of approximately $3.4 million, and any investment gains or losses.
- Adjusted operating margin of approximately 8.0% to 10.0%
- Adjusted effective tax rate of approximately 30%
- Adjusted diluted earnings per share of approximately $0.35 to $0.41
Full Year 2022 (GAAP):
- Total revenues of approximately $535 million to $545 million
- Operating margin of approximately 6.5% to 7.5%
- Interest expense of approximately $2.5 million
- An effective tax rate of 31%
- Earnings per share of approximately $1.25 to $1.35
Full Year 2022 (Adjusted):
Adjusted financial guidance for full-year 2022 excludes stock-based compensation expense of $14.0 million to $14.5 million, amortization of acquisition-related intangible assets of approximately $13.2 million, and any investment gains or losses.
- Adjusted operating margin of approximately 11.5% to 12.5%
- Adjusted effective tax rate of approximately 30%
- Adjusted diluted earnings per share of approximately $2.25 to $2.35
About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, marketing, customer experience, product, and sales functions use customer obsession to accelerate growth. Through Forrester's proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work — to navigate change and put their customers at the center of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave™ evaluations; over 70 million real-time feedback votes; and the shared wisdom of our clients. To learn more, visit Forrester.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, Forrester's financial guidance for the third quarter of and full-year 2022 and statements about the performance of Forrester Decisions, Forrester's ability to manage costs, and Forrester's future financial performance and financial condition. These statements are based on Forrester's current plans and expectations and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors that could cause actual future activities and results to differ include, among others, Forrester's ability to retain and enrich memberships for its research products and services; Forrester's ability to fulfill existing or generate new consulting engagements and advisory services; technology spending; the risks and challenges inherent in international business activities; the impact of health epidemics, including COVID-19, on Forrester's business; Forrester's ability to offer new products and services; Forrester's dependence on key personnel; Forrester's ability to attract and retain professional staff; Forrester's ability to respond to business and economic conditions and market trends; the impact of Forrester's outstanding debt obligations; competition and industry consolidation; possible variations in Forrester's quarterly operating results; concentration of ownership of Forrester; the possibility of network disruptions and security breaches; any failure to enforce and protect Forrester's intellectual property rights; compliance with privacy laws; taxation risks; any weakness in Forrester's system of internal controls; and the amount and timing of the repurchase of Forrester stock. Forrester undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. For further information, please refer to Forrester's reports and filings with the Securities and Exchange Commission.
The consolidated statements of operations and the table of key financial data are attached.
Contact:
Tyson Seely
Vice President, Investor Relations
Forrester Research, Inc.
+1 617-613-6805
tseely@forrester.com
Shweta Agarwal
Senior Director, Public Relations
Forrester Research, Inc.
+1 617-613-6805
sagarwal@forrester.com
© 2022, Forrester Research, Inc. All rights reserved. Forrester is a trademark of Forrester Research, Inc.
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SOURCE Forrester | https://www.mysuncoast.com/prnewswire/2022/07/28/forrester-research-reports-2022-second-quarter-financial-results/ | 2022-07-28T21:49:54Z |
NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Stitch Fix, Inc. ("Stitch Fix" or the "Company") (NASDAQ: SFIX) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Stitch Fix investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of purchasers of Stitch Fix Class A common stock between December 8, 2020, and March 8, 2022, inclusive. Follow the link below to get more information and be contacted by a member of our team:
SFIX investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: According to the filed complaint, Stitch Fix made numerous false and misleading statements to investors concerning the synergy between the Company's Fix and Freestyle programs, and repeatedly denied claims that the Freestyle program could cannibalize the Company's legacy Fix business. Specifically, Stitch Fix repeatedly assured investors that the Company's Freestyle business was "an additive experience" and "complementary" to the Fix business, that "the combination of those two things will allow us to address many more types of clients," and that "we see solid growth in both sides of the business." In truth, Stitch Fix concealed that these programs were not complementary or additive. Stitch Fix knew that the Freestyle program would be much preferred to the Company's original Fix model and that the Freestyle program would inevitably cannibalize the Company's legacy Fix business.
WHAT'S NEXT? If you suffered a loss in Stitch Fix during the relevant time frame, you have until October 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/2022/09/15/sfix-lawsuit-alert-levi-amp-korsinsky-notifies-stitch-fix-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-09-15T10:22:56Z |
DUBLIN, Aug. 11, 2022 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has filed an interim financial report including its unaudited condensed consolidated financial statements and notes for the second quarter ended June 30, 2022 with the U.S. Securities and Exchange Commission (the "SEC"). AerCap's Form 6-K can be accessed on the "Investors" section of the Company's website at www.aercap.com, as well as on the SEC's website at www.sec.gov.
About AerCap
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Abu Dhabi, Seattle, Toulouse and other locations around the world.
Forward-Looking Statements
This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "will," "aim," "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors, including the impacts of, and associated responses to: the Ukraine Conflict, the Covid-19 pandemic, our ability to successfully integrate GECAS' operations and employees and realize anticipated synergies and cost savings; and the potential impact of the consummation of the GECAS transaction on relationships, including with employees, suppliers, customers and competitors, that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com and follow us on Twitter www.twitter.com/aercapnv.
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SOURCE AerCap Holdings N.V. | https://www.kxii.com/prnewswire/2022/08/11/aercap-holdings-nv-announces-filing-interim-financial-report-second-quarter-2022/ | 2022-08-11T16:45:09Z |
Biden offers logistics support to ease formula shortage
WASHINGTON (AP) — President Joe Biden is offering formula manufacturers and retailers transportation and logistics support to ease the nationwide shortage of baby formula, as the administration works to bring the largest domestic plant back on line after it was shut down early this year due to safety issues.
The White House said it is working with all major formula producers to boost production, including reaching out to their suppliers to encourage them to prioritize production and delivery of formula ingredients. It comes as the Biden administration has come under intense pressure over the last week to do more to ease the shortage of formula that has forced parents of infants to go to significant lengths to feed their children.
The shortage stems from a February recall by Abbott, the nation’s largest formula maker, that shuttered the company’s Michigan plant and exacerbated ongoing supply chain disruptions among formula makers, leaving fewer options on stores shelves across much of the country. The shortage has led retailers like CVS and Target to limit how many containers customers can purchase per visit and forced some parents to swap and sell formula online.
On Monday, FDA Commissioner Robert Califf told ABC News’ “Good Morning America” that the federal agency is “working really closely with Abbott” to reopen the closed Michigan factory and he expects that “in a very short period of time we’re going to have an announcement about the path forward.”
Califf said an announcement is forthcoming about importing baby formula from abroad, noting that the key is making sure the instructions for the formula are in languages that mothers and caregivers can understand.
The FDA warned families against making their own baby formula because it has 30 distinct constituents that have to be in the right amount, otherwise the formula can possibly be dangerous to consume.
Abbott’s voluntary recall was triggered by four illnesses reported in babies who had consumed powdered formula from the Michigan plant. All four infants were hospitalized with a rare type of bacterial infection and two died.
After a six-week inspection, FDA investigators published a list of problems in March, including lax safety and sanitary standards and a history of bacterial contamination in several parts of the plant.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/16/biden-offers-logistics-support-ease-formula-shortage/ | 2022-05-16T14:46:10Z |
Automated document analysis and custom dashboards simplify evidence review and vendor management
PHOENIX, Aug. 4, 2022 /PRNewswire/ -- Prevalent, Inc., the company that takes the pain out of third-party risk management (TPRM), today announced the latest release of its Third-Party Risk Management Platform. Version 3.28 introduces automated document analysis and custom dashboards to speed and simplify evidence review and vendor management through the third-party lifecycle.
"According to our 2022 Third-Party Risk Management Study, over 45 percent of organizations have experienced a third-party incident in the last year," stated Alastair Parr, senior vice president of global products and services for Prevalent, Inc. "As companies continue to rely on manual methods to assess their vendors and suppliers, it's nearly impossible for them to gain control over third-party risks. With our latest platform release, we are continuing to automate manual processes and providing organizations with the required visibility to combat today's threats throughout the entire third-party lifecycle."
The Prevalent Third-Party Risk Management Platform is a SaaS solution that enables companies to automate the critical tasks required to onboard, assess, manage, continuously monitor and remediate third-party security, privacy, compliance, operational, and procurement-related risks across every stage of the vendor lifecycle. New release highlights include:
Documents and other artifacts are often uploaded as evidence when answering assessment questions, resulting in third-party risk assessors spending significant time manually reviewing documents to confirm suitability. These manual processes considerably increase the risk of missing important evidence, and affect visible audit trails of review processes.
Prevalent's new release introduces automated document analysis, a natural language processing (NLP) and machine learning (ML)-based method for confirming if a document contains the necessary materials and references to support a question without manual validation and review. The automated document analysis capability includes select pre-built profiles to support evidence scanning in the Prevalent Compliance Framework (PCF) questionnaire, common security policy document sets, SOC2 artifact reviews, plus the ability to create custom document profiles.
Every stakeholder has their own unique tasks to perform in a TPRM solution. Unlike most of today's rigid one-size-fits-all tools where stakeholders have only a single vendor view, Prevalent delivers custom dashboards enabling users to define a unique launchpad utilizing customizable widgets for calendars, scheduling, tasks, and requirements. The My Dashboard enhancement enables users to adapt the landing page of the Prevalent Platform to a unique view that meets their personal needs and improves their productivity.
For more information, please read Alastair Parr's blog or request a demo to discover how Prevalent can help simplify third-party risk analysis and review at every stage of the vendor lifecycle.
Prevalent takes the pain out of third-party risk management (TPRM). Companies use our software and services to eliminate the security and compliance exposures that come from working with vendors and suppliers and throughout the third-party risk management lifecycle. Our customers benefit from a flexible, hybrid approach to TPRM, where they not only gain solutions tailored to their needs, but also realize a rapid return on investment. Regardless of where they start, we help our customers stop the pain, make informed decisions, and adapt and mature their TPRM programs over time.
Media Contact
Angelique Faul, Silver Jacket Communications, 513-633-0897, angelique@silverjacket.net
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SOURCE Prevalent, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/prevalent-expands-industry-leading-third-party-risk-management-platform-further-increase-automation-productivity/ | 2022-08-04T13:38:08Z |
The experienced software developer will accelerate the Los Angeles-based payments facilitation company's technical innovation and growth
LOS ANGELES, April 12, 2022 /PRNewswire/ -- PayEngine, a white-label payments-facilitation platform for vertical SaaS companies, has named software veteran Rashid Kamran as its chief technology officer. Kamran will primarily focus on building and scaling the company's technology stack with an eye on growth.
Kamran has more than 20 years' experience in software development and has built, managed and maintained several large-scale applications along with supporting a global teams' needs. Prior to his new role at PayEngine, Kamran served as vice president for application development at MUFG Union Bank and director of software engineering at ATT/DIRECTV®.
"Rashid's deep technical expertise and passion for building software focused on improving the overall customer experience within the highly regulated payments space makes him uniquely qualified to lead our product and engineering teams," said Spartak Buniatyan, founder and CEO of PayEngine. "I'm looking forward to partnering closely with Rashid as we work to develop new and innovative solutions for our partners."
At PayEngine, Kamran will ensure the company's technology remains cutting-edge so the payments company can continue with its emphasis on innovation and scalability. He will also hire, train and motivate engineers while evangelizing the company's product ideas and technical solutions to investors, partners and clients.
"I look forward to the opportunity to make impactful solutions toward innovation and scalability through my position with PayEngine," Kamran said. "Their focus on growth and delivering value in the vertical SaaS market is right in my wheelhouse as a developer and manager. I'm excited to lead the technology direction to continue PayEngine's mission of delivering more freedom and fewer liabilities for their customers."
When he's not helping PayEngine reach its technological goals, Kamran works on machine learning and artificial intelligence projects and coaches a local middle school robotics team.
"As PayEngine continues to make great strides on our path to powering the vertical software industry with unique and secure payment facilitation solutions, it's more important than ever that we continue to bring on world class talent and provide the best level of service to our partners and their customers," Buniatyan said.
About PayEngine
PayEngine is the unique payments platform designed to help vertical market software vendors maximize payment revenue, eliminate liability and reduce complexity, and own and improve customer experience. With PayEngine's platform, software vendors can set their own rates over interchange, control margins and retain the majority of their profits; eliminate MOR liability and dispute management, PCI/data security and compliance issues; and integrate with APIs, drop-in widgets and customizable UI. For more information, visit https://payengine.co.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE PayEngine | https://www.kxii.com/prnewswire/2022/04/12/payengine-names-rashid-kamran-its-cto/ | 2022-04-12T12:10:16Z |
NEW YORK, April 25, 2022 /PRNewswire/ -- Itiquira Acquisition Corp. (NASDAQ: ITQ) (NASDAQ: ITQRU) (NASDAQ: ITQRW) (the "Company") today announced that it received a letter (the "Nasdaq Letter") on April 19, 2022 from the Nasdaq Stock Market ("Nasdaq") notifying the Company that it had violated Nasdaq Listing Rule 5250(c)(1) because the Company had not yet filed its Annual Report on Form 10-K for the year ended December 31, 2021 (the "2021 Annual Report") with the Securities and Exchange Commission (the "SEC"). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the SEC.
In the Nasdaq Letter, Nasdaq stated that the Company had until June 20, 2022 to submit a plan to regain compliance. If Nasdaq accepted the Company's plan, it could then grant an exception of up to 180 calendar days from the 2021 Annual Report's due date, or until October 12, 2022, to regain compliance. If Nasdaq did not accept the Company's plan, the Company would have had the opportunity to appeal that decision to a Nasdaq Hearings Panel and to request a further stay pending the appeal.
The Company is actively working with its auditors and advisors, and intends to file its 2021 Annual Report as soon as possible to regain compliance.
The Nasdaq Letter has no immediate impact on the listing or trading of the Company's securities on Nasdaq.
About Itiquira Acquisition Corp.
Itiquira Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Although the Company may pursue its initial business combination in any business, industry or geographic location, it currently intends to focus its search for a target located in Brazil in industries that it believes have high-potential for growth and generating strong returns for shareholders.
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the Company's plans with respect to the target industry for a potential business combination. No assurance can be given that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the Company's offering filed with the U.S. Securities and Exchange Commission (the "SEC"). Copies of these documents are available on the SEC's website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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SOURCE Itiquira Acquisition Corp. | https://www.kxii.com/prnewswire/2022/04/25/itiquira-acquisition-corp-receives-notification-deficiency-nasdaq-related-delayed-annual-report-form-10-k/ | 2022-04-25T11:21:55Z |
Girl attacked by cougar shares near-death experience
SPOKANE, Wash. (KXLY) - A young girl from Washington state who was attacked by a cougar is sharing her story of survival and how she’s moving forward from the terrifying ordeal.
Lily Kryzhanivskyy spent a week at the hospital after she was attacked by a cougar in May while playing with friends. Now, months later, you would never know she was on the brink of death. She’s full of life and living hers to the fullest.
Lily described how she fought back against the cougar that almost killed her. She was 9 at the time.
“I started just fighting and kicking and punching. Then, the cougar came right behind me to my head, and he started chewing it. I was really scared. I had to keep on fighting, and I started praying so that way God might be able to save my life,” she said.
Lily believes God did save her life and is now helping her heal. She still sees doctors and not everything has been easy about her recovery, but now, she’s looking for the positives.
“I couldn’t look at myself in the mirror because I was too scared to see how many scars I got and all of the short hair, but then, I noticed that it was actually me. I didn’t change. I’m the same old me,” Lily said.
She’s a little girl who’s braver than many, with a story of survival she isn’t afraid to tell. She’s also wise beyond her years and isn’t letting the attack or anything else hold her back.
“I’m at least happy that the cougar cannot do any more trouble, but I’m happy that at least I’m alive and get to do everything,” Lily said.
Lily celebrated her 10th birthday Saturday. She wasn’t sure if she’d make it after the attack, so it was definitely a big birthday worth celebrating.
“Whoever is going through something hard, they have to stay confident. You can just overcome it, and you can face your biggest fear,” she said.
Copyright 2022 KXLY via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/09/12/girl-attacked-by-cougar-shares-near-death-experience/ | 2022-09-12T04:23:33Z |
RENO, Nevada (AP) — Jim Marchant has been traveling the country repeating the false claims that the 2020 election was stolen from former President Donald Trump and trying to make the case that electronic voting equipment should be tossed out in favor of ballots cast and counted by hand.
Now the businessman and former state lawmaker is on the primary ballot Tuesday in Nevada, a perennial presidential battleground state. His goal: become the state’s top election official.
Marchant is one of several Republicans across the country running to oversee the next presidential election while denying the outcome of the last one.
There is no evidence of any widespread voter fraud or manipulation of voting machines in 2020. But the false claims have sowed doubt among Republican voters, triggered death threats to election officials and led to a host of new voting restrictions in GOP-controlled states, mostly related to mailed ballots.
Nevada’s top election official, Secretary of State Barbara Cegavske, a Republican, has said repeatedly that she found no evidence of widespread voter fraud in the 2020 election. Term limits bar Cegavske from seeking re-election.
Of the seven Republicans hoping to replace her, Marchant stands out for his rhetoric. He claimed during a February candidates forum that elections have long been corrupted.
“Your vote hasn’t counted for decades,” Marchant told the crowd. “You haven’t elected anybody. The people that are in office have been selected. You haven’t had a choice.”
Moments later, Sparks City Councilman Kristopher Dahir — another of the GOP secretary of state candidates — said he took offense to Marchant’s claim “because I think I actually got elected for real.”
Dahir told The Associated Press this week that he does not believe there was widespread fraud in 2020.
“I believe that I am the only candidate that is willing to accept the results, but will work hard to make sure as a Nevadan there is not a reason to have questions surrounding this incredible right we have,” he wrote in an email.
Nationally, there are nearly two dozen Republican candidates running to be their state’s top election official who deny the result of the 2020 presidential election, according to States United Action, a nonpartisan advocacy organization tracking the candidates.
Among those who have advanced to the November election are Kristina Karamo in Michigan, Kim Crockett in Minnesota and Audrey Trujillo in New Mexico. Last month, Georgia’s Jody Hice lost his bid to oust Secretary of State Brad Raffensperger in that state’s GOP primary despite having Trump’s endorsement. Raffensperger drew Trump’s ire after he refused the former president’s request, in a phone call, to “find” enough votes to overturn President Joe Biden’s win in Georgia.
Nevada — a state Trump lost twice but where he remains popular among Republicans — is a top priority for the GOP this year as the party looks to win a majority in the U.S. Senate. Trump has endorsed his 2020 Nevada campaign chair, former state Attorney General Adam Laxalt, in his effort to unseat first-term Democratic Sen. Catherine Cortez Masto. He’s also backed Clark County Sheriff Joe Lombardo for governor.
Laxalt has repeated Trump’s lies about the 2020 election, but faced criticism at a recent debate from one of his primary opponents for not doing enough.
“When President Trump, Nevadans and Americans were relying on you to be the one to challenge any sort of issues in the 2020 election, the only thing you did was file a lawsuit, that by your own admission was late,” said candidate Sam Brown, a former U.S. Army captain who earned a Purple Heart after being severely wounded in Afghanistan.
Laxalt said that as chairman of Trump’s Nevada campaign he “sounded every alarm imaginable as the Democrats radically altered our election” and noted it was the secretary of state, not attorney general, who is responsible for investigating voter fraud in Nevada. For the 2020 election, mail ballots were sent to all registered voters — a temporary move that has since been made permanent.
Trump has yet to weigh in on the secretary of state’s race, though he backed Marchant in his unsuccessful congressional bid in 2020. Trump also hasn’t made an endorsement for state attorney general in the state’s Republican primary, a race that features a pair of Las Vegas lawyers that has focused more on personal attacks than concerns of voter fraud.
In the secretary of state’s contest, Marchant is not the only GOP candidate to question the integrity of elections and specifically the use of voting machines to cast and count votes.
At the February forum, candidate Socorro Keenan compared U.S. elections to other countries “where they know how to cheat,” while candidate Richard Scotti said he agreed with calls to do away with voting machines because “the data that they record in the evening is never the same in the morning.”
Another candidate, businessman and former state lawmaker Jesse Haw, has accused Democrats of changing voting rules to manipulate the system and called for voter ID requirements and new restrictions on mail ballots.
The election claims appear to be resonating with GOP primary voters.
At a recent rally in northern Nevada for Brown, the Senate candidate, several Republicans said they remain convinced Trump won in 2020 and that election integrity is a top concern.
Ingrid Lentz, 70, of Reno, said she believes there were “forces that were unseen” behind the previous election.
“I do believe the election was stolen,” added Ken Gray, chair of the rural Lyon County Board of Commissioners, who’s running for a state legislative seat.
Charlie Fettig, a retired general contractor from Reno, said there were “a lot of illegal things done” in 2020, adding he doesn’t have faith in drop boxes for mail ballots or voting by mail in general.
“It just opens it up for corruption,” Fettig said.
To be clear, the federal government’s leading security experts declared the 2020 presidential election “the most secure in American history,” Trump’s own attorney general had said there was no fraud that would have altered the results, and there has been no evidence to suggest Trump was cheated out of a second term.
Outside money has been funding ads in the GOP primary for secretary of state. Virginia-based Americans for Secure Elections PAC, which has received $1.2 million from three groups that don’t disclose their donors, has been airing ads in support of Haw, according to the Brennan Center for Justice, which is tracking fundraising in these races. The PAC recently launched ads attacking Marchant while another PAC has been airing ads in support of him, according to the Brennan Center.
On the Democratic side, lawyer and former chair of the Nevada Athletic Commission Cisco Aguilar is running unopposed in the primary. In an interview, he praised the current secretary of state for steps to ensure a safe and secure election and said he would build on the work done by the Legislature to expand voting access. He criticized the GOP field for spreading misinformation about the state’s secure voting methods.
“Unfortunately, we have a group of candidates that are looking to scare voters into action,” Aguilar said.
Election experts say candidates who repeat falsehoods and misinformation could pose a danger if they get into a position to oversee elections. They might be motivated to interfere in the administration of future elections or simply use their position to cast doubt on the results.
“That person could create an environment of instability and doubt that is based on lies, and that instability could lead to political violence,” said David Becker, a former U.S. Justice Department attorney who leads the Center for Election Innovation and Research. “That is not a hypothetical, as we saw on Jan. 6.”
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Cassidy reported from Atlanta. Associated Press writer Gabe Stern in Minden, Nevada, contributed to this report. | https://cw33.com/news/u-s-news/ap-us-headlines/conspiracies-dominate-gop-primary-for-nevada-elections-post/ | 2022-06-12T11:25:27Z |
Emergency physicians and nurses call for end to attacks on health care workers
WASHINGTON, May 4, 2022 /PRNewswire/ -- Leaders and members of the American College of Emergency Physicians (ACEP) and the Emergency Nurses Association (ENA) called on Congress Wednesday to pass legislation aimed at reducing violence against health care workers.
Emergency physicians and nurses from the two organizations – which partnered in 2019 on the No Silence on ED Violence campaign – spoke during a Capitol Hill event to raise awareness about the frequency of attacks within the emergency department and to push the Senate to move forward with the "Workplace Violence Prevention for Health Care and Social Service Workers Act."
Sen. Tammy Baldwin, D-Wisc., the bill's lead sponsor, joined the event to express strong support for the dozens of emergency nurses and physicians in attendance, and the thousands across the country, who consistently face the threat of violence in the emergency department.
ACEP and ENA have been longtime proponents of legislation aimed at mitigating workplace violence and strengthening criminal penalties for anyone who assaults a health care worker. The current bill– which passed the House in April 2021 and was introduced in the Senate this week by Baldwin–focuses on directing OSHA to require employers to develop and implement workplace violence prevention plans focused on the safety of health care workers and patients.
ACEP President Gillian Schmitz, MD, FACEP, emphasized the legislation's importance to health care workers and patient care.
"The pandemic continues to show everyone how vital emergency care can be, but it has only exacerbated many of the factors that contribute to violence in the emergency department," Dr. Schmitz said. "The health care professionals in our nation's emergency departments are fully dedicated to caring for patients and saving lives. Now Congress has a critical opportunity to pass legislation to protect each of them from violent attacks on the job."
"Every emergency nurse has lived through the physical and emotional pain caused by violence in the emergency department. When these incidents are dismissed as 'part of the job,' it minimizes the human toll on health care professionals who are injured merely because they went to work to care for patients," said ENA President Jennifer Schmitz, MSN, EMT-P, CEN, CPEN, CNML, FNP-C, NE-BC. "When we say No Silence on ED Violence, it's a call for more health care professionals to speak up about their experiences so that hospital leaders, law enforcement, prosecutors and legislators cannot ignore the chorus calling for change. Sen. Baldwin is helping lead the way toward meaningful, long-term solutions when it comes to workplace violence and, for that, ENA is thankful to her and her congressional colleagues for standing with us."
The bill provides fundamental support to protect health care workers victimized by violence on the job, according to Sen. Baldwin.
"Our nurses, doctors, social services workers and health care professionals deserve to work in a safe environment free from violence," Sen. Baldwin said. "Health care workers have faced unprecedented obstacles just to stay healthy and do their jobs through the pandemic, and on top of it all, they have seen senseless violence against them. It is unacceptable and we must provide basic protections and safety standards to a workforce that serves people during some of their most vulnerable times."
Learn more about the No Silence on ED Violence campaign by visiting stopedviolence.org.
The American College of Emergency Physicians is the national medical society representing emergency medicine. Through continuing education, research, public education, and advocacy, ACEP advances emergency care on behalf of its 40,000 emergency physician members, and the more than 150 million patients they treat on an annual basis. For more information, visit www.acep.org and www.emergencyphysicians.org.
About the Emergency Nurses Association
The Emergency Nurses Association is the premier professional nursing association dedicated to defining the future of emergency nursing through advocacy, education, research, innovation, and leadership. Founded in 1970, ENA has proven to be an indispensable resource to the global emergency nursing community. With 50,000 members worldwide, ENA advocates for patient safety, develops industry-leading practice standards and guidelines, and guides emergency health care public policy. ENA members have expertise in triage, patient care, disaster preparedness, and all aspects of emergency care. Additional information is available at www.ena.org.
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SOURCE American College of Emergency Physicians (ACEP) | https://www.wibw.com/prnewswire/2022/05/04/acep-ena-push-swift-passage-workplace-violence-legislation/ | 2022-05-04T17:07:22Z |
NEW YORK (AP) — Country superstar Dolly Parton, who made a big donation to help fund coronavirus vaccine research in 2020, is among this year’s Carnegie Medal of Philanthropy recipients.
Also being honored are Dallas entrepreneur Lyda Hill, Kenyan industrialist Manu Chandaria, and Lynn and Stacy Schusterman, from the Oklahoma investment family.
The award, presented by the international family of Carnegie institutions to honor innovative philanthropists, debuted in 2001 and is normally awarded every two years. It was not issued in 2021 due to the pandemic.
The 2022 honorees will receive their medals in a private ceremony in New York on Oct. 13. A priority of the ceremony is fostering personal meetings to encourage the exchange of ideas and spur potential collaboration — something this year’s honorees have already done, said Eric Isaacs, president of the Carnegie Institution for Science and a member of the medal selection committee.
Parton’s $1 million donation to Vanderbilt University Medical Center has received plenty of attention. But her fellow honoree Hill, through her Lyda Hill Philanthropies, was also an early donor to the work that would yield the Moderna COVID-19 vaccine.
“I invested before it was anything,” Hill told The Associated Press. “One of the things that Warren Buffett said that stuck with me was, ‘Don’t do what other people can do and will do. Do what other people can’t do and won’t do. And take risks.’ I have had to apply that to my philanthropic investments.”
Hill, who focuses her funding on advances in science and nature conservancy, as well as supporting women in those careers, said she never did get a Moderna shot.
“Unfortunately,” Hill said, “when I went to get my vaccine, I rolled my sleeves up and said, ‘What do you got?’ And she said, ‘Pfizer.’ I said, ‘OK.’”
Parton, in a statement, said she was honored to receive the Carnegie Medal of Philanthropy.
“I’ve always believed that if you are in a position to help, you should help, and I truly hope that I can be an inspiration for others to lift up those around them,” said Parton, who will be inducted into the Rock and Roll Hall of Fame in November, and makes most of her donations through her Dollywood Foundation. “Whether through my Imagination Library or giving to COVID-19 research, I try to support things that have a special meaning for me. I hope everyone can find something they’re passionate about supporting and do what they can to help make this world a better place.”
Considering the intense need created by COVID-19, the pandemic was top of mind while the selection committee was making its decisions, Isaacs said.
“Obviously, this is a very difficult time with the pandemic,” he said. “But we think environmental issues are probably equally, if not more, impactful in the sense that pandemics like COVID-19 are likely to become more frequent as the atmosphere heats up. I think we take the long view in terms of our selections.”
The Schustermans exemplify philanthropists whose donations have made a long-lasting impact, in addition to making timely grants to address current needs.
The Charles and Lynn Schusterman Family Foundation was established in 1987 to invest in systemic change in the United States and Israel on matters of justice and equity. When Charles died in 2000, Lynn Schusterman took over the foundation, expanding its work and becoming an outspoken advocate for inclusion, especially for the LGBTQ community. In 2018, their daughter Stacy Schusterman took over the foundation, which changed its name last year to Schusterman Family Philanthropies and now also includes work in reproductive equity, voting rights and criminal justice — all hot-button issues this summer.
“I hope that work like this will inspire other people to give more now,” Stacy Schusterman told the AP. “It’s important for people to give a meaningful percentage of their family’s assets. And I think the partnership that can exist between philanthropy and the communities that we’re seeking to help is vital. Government can’t address all problems.”
She said she’s thrilled to be carrying on her parents’ work and that she will be celebrated with her mom.
“I’m really excited that we’re being honored together,” she said. “It’s fun to have it happen as a mother-daughter team.”
The Chandaria Foundation had its start as a family enterprise in the 1950s, though the Kenyan-born industrialist of Indian descent had to do some convincing before it began.
When he first brought up the issue, Chandaria remembers his father asking if something was wrong with him and whether he had lived in the United States too long. “We are not the Rockefellers,” Chandaria’s father told him. “You better get to work. There’s a big hole over there.”
But by 1956, they had established a charitable organization providing scholarships in Kenya and, decades later, its work has expanded into building education and healthcare infrastructure in Africa.
“It’s a basic principle of the Gandhian philosophy: If you have wealth, you are not owners of the wealth,” said Chandaria, who also attributes generosity to being a follower of the Indian religion Jainism. “You really should go and help others who cannot help themselves.”
Isaacs said the Carnegie Medal of Philanthropy is meant to recognize the work of the honorees in their various fields and locations. This year, the Carnegie institutions will also launch the Carnegie Catalyst award to “celebrate the transformative power of human kindness,” which will go to World Central Kitchen, the anti-hunger nonprofit founded by chef Jose Andres.
That award was inspired by the late Vartan Gregorian, the president of the Carnegie Corporation of New York and the co-founder of the Carnegie Medal of Philanthropy, who died in 2021.
“World Central Kitchen is an outstanding model of how humankind can respond in times of dire need by activating the inherent goodness in others — an ideal that was embodied through the life and work of Vartan Gregorian,” Thomas H. Kean, chairman of Carnegie Corporation of New York’s board of trustees and former governor of New Jersey, said in a statement.
____
Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy. | https://cw33.com/business/ap-business/dolly-parton-among-carnegie-medal-of-philanthropy-winners/ | 2022-08-03T21:51:37Z |
FALLS CHURCH, Va., Aug. 18, 2022 /PRNewswire/ -- Greenlist recently debuted its peer-to-peer technology with boutique apparel retailer Vestique.
Greenlist's first-of-its-kind proprietary software solution eliminates return shipments back to the warehouse by enabling peer-to-peer returns. This technology integrates with retailer websites for a seamless customer experience that saves customers time, retailers money and reduces the environmental impact.
"We are very excited to launch our technology with Vestique. It will revolutionize the way returns are handled while creating a positive impact on their bottom line and the planet. We are grateful for their partnership," Jess Owens, CEO, Greenlist.
Greenlist signed an agreement with Vestique on March 7, 2022 and debuted its platform on vestique.com on August 8, 2022.
"As soon as we learned about greenlist, we were ready to sign on. The industry has needed something like their peer-to-peer returns for a long time," Adair Kennedy, Chief Creative Officer, Vestique.
The retail apparel industry has been struggling to address the increasing number of returned items that are being sent to landfills. Additionally, online shopping has risen from 10.6% in 2020 to 16.6% in 2021 and returns have escalated from $428B in 2020 to $761B in 2021*. These rising levels of returns have negatively impacted the environment by the strain it adds to shipping these items and the logistical impacts it causes retailers.
"I realized that significant growth in online sales and returns was causing stresses on the retail industry and a solution needed to be found. The industry is slow to innovate so I'm thrilled to launch my technology with such a forward-thinking company like Vestique," stated Owens.
By selecting greenlist on the retailer website, customers may be eligible for a discount since they are choosing to receive their item directly from another consumer shipping it "new with tags."
"Our customers are environmentally conscious and choose to use companies that are leaders in reducing the impact on our planet's natural resources," stated Kennedy.
About Greenlist
Greenlist is a female-founded start-up business that delivers a technology solution for peer-to-peer returns. By streamlining the returns process, Greenlist saves its partner retailers and consumers both time and money while decreasing the negative environmental impact of returns.
*National Retail Federation and Appriss Retail - Jan. 25, 2022 consumer trends report.
Media Contact: David DeCoste
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SOURCE Greenlist | https://www.mysuncoast.com/prnewswire/2022/08/18/start-up-venture-greenlist-launches-proprietary-peer-to-peer-return-technology/ | 2022-08-18T18:43:21Z |
Unity-based deal pleases all
ROSEBURG, Ore., June 15, 2022 /PRNewswire/ -- Umpqua Community College and its faculty union have signed a labor contract that satisfies all parties and benefits students, thanks to a new collaborative approach deployed by UCC President Rachel Pokrandt, and faculty union representatives Dee Winn and Crystal Sullivan.
"Everyone at UCC wants the best for students and the institution, and that was the lens through which we considered all of the issues," Pokrandt said. "Our faculty are a precious resource, and it is important to me that they feel valued and fairly compensated. We have important work to do for our students and the community, and the contract reflects that intention to innovate and be excellent coming out of the pandemic. We wouldn't have come to this outcome without the work of our faculty and their willingness to collaborate."
The UCC Board of Directors voted to ratify the contract in a special meeting on June 13, 2022, stemming from months of unity-building negotiations.
Faculty union members also expressed their satisfaction with the new process and the contract.
"Overall, the students benefit from the trust and improved working conditions transforming our campus between faculty and our new administration," said Crystal Sullivan, chair of Social and Behavioral Sciences. "Rachel also saved the College an enormous amount of money by doing the bargaining herself and without an attorney. Knowing that each side involved really wanted the best for our students and faculty helped us get past many issues that had plagued bargaining in the past."
The team used an approach known as "interest-based bargaining," which started in January and incorporated regular face-to-face discussions between the UCC President and the union leaders. The result was a mutually satisfying contract.
"Many institutions struggle with faculty-administration relationships, and I never wanted that for UCC or our community. Douglas County deserves better than that, and this is a great step toward our ultimate goal, which is to be the very best Community College in the country," Pokrandt said.
The contract will provide a 5% salary increase, and the administration and faculty worked together to reach an agreement on how much faculty will be compensated for additional responsibilities when developing new programs.
The contract begins in July 2022 and runs through June 2025.
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SOURCE Umpqua Community College | https://www.mysuncoast.com/prnewswire/2022/06/15/faculty-contract-umpqua-community-college-secured-using-collaborative-method/ | 2022-06-15T18:23:43Z |
Original Source: https://www.collegefashionista.com/deiji-accessories-nyfw-debut/
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Apart from their household names, what do Lady Gaga, Jackie Kennedy, Oprah, Madonna, and J. Lo have in common? They've each worn the unique work of legendary designer, Mark Schwartz. Now, as Creative Director of luxury accessories brand, DEIJI.com, Schwartz continues to create collections worthy of esteem. This time, for NYFW.
In collaboration with fashion cooperative, Flying Solo, DEIJI made its New York Fashion Week debut on Saturday, September 10. The brand was showcased as part of Flying Solo's seasonal, 'Ones to Watch' runway event — and DEIJI certainly proved itself as one to watch.
Aligning with Flying Solo's mission of collaboration over competition, DEIJI featured looks with swimwear by The De La Cruz Collection, and jewelry by Saulé Label. De La Cruz's glittery swim statements and Saulé's bold, layered designs made for the ideal companions to the original DEIJI collection. The unusual yet complementary coupling of elevated resort-wear and structured, leather accessories fostered a memorable runway experience. I've never considered pairing a belt with a bikini, but when DEIJI did it, it worked.
The luxury Italian brand showcased original bag designs, the Elizabeth I, the Rosa, and the Cleopatra. Additionally, the Iris, and the Veronica belts, and the Nefertiti, Black Rose, Arrow, and Black Dahlia sneakers hit the runway among other pieces. Here are the major style takeaways from DEIJI's NYFW runway show:
Structured Silhouettes
The silhouettes of DEIJI's signature leather totes evidence the timelessness of classic shape. Both the Cleopatra and the Elizabeth I hold simple yet striking structures. To elevate any look (even a swimsuit, as proved by the show), add a bag with a strong, timeless silhouette to your wardrobe.
Natural Tones
Creative Director, Mark Schwartz and DEIJI President and designer, Riva Wilkins both stress that the foundation of the brand is their love of natural beauty. Named after the Korean and Japanese word for daisy, DEIJI is intended to capture the essence of the natural world through its design.
Natural tones are not always associated with major statements. This DEIJI collection however, truly popped on the runway thanks to its use of pumpkin, clay, and beige toned patterns. As fall swiftly approaches and you start grabbing for different pieces in your closet, bear in mind that simple, warm shades can definitely still be exciting.
Playful Metallics
The DEIJI Rosa backpack speaks for itself. Metallics are and always will be the best way to make any look more interesting. Isn't that what accessories are all about? Schwartz's use of metallic elements in this runway collection channels the pieces' royal namesakes. From subtle bag and shoe details to full-blown silver patterned backpacks, the metallics in DEIJI's NYFW collection exude a playful sense of luxury.
Shop the unique DEIJI pieces, or incorporate these elevated style elements into your own wardrobe beyond the NYFW runway.
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SOURCE DEIJI.com | https://www.kxii.com/prnewswire/2022/09/13/everything-you-need-know-about-nyfw-debut-emerging-accessories-brand-deijicom/ | 2022-09-13T18:42:10Z |
Stephanie Moseley Honored with Prestigious Industry Award as She Continues to Grow Her Franchise Portfolio
TOLEDO, Ohio, July 19, 2022 /PRNewswire/ -- Marco's Pizza, the nation's fastest-growing pizza brand*, celebrates multi-unit franchisee Stephanie Moseley for being named a Women Franchisee Rock Star by Franchise Business Review. Each year Franchise Business Review honors franchise owners who set exceptional examples for achieving success within the franchise model. This year's Franchisee Rock Stars were selected from over 30,000 franchisees, representing more than 300 brands, that participated in Franchise Business Review's research throughout the past 18 months.
With four thriving Marco's locations in Virginia, Moseley is well on her way to growing her pizza empire to a desired 10 locations. Prior to entrepreneurship, Moseley spent seven years as an Air Force intelligence analyst with top-secret clearance, running a division that oversaw the highest – and fastest – flying reconnaissance aircraft ever built. A former Air Force Captain, her military experience transitioned into a career in pharmaceutical and biotech sales, as well as entrepreneurship, allowing her to achieve growth.
"It is such an honor to be recognized with this award," said Moseley. "I owe a big thank you to my team – my Chief Operations Officer, General Managers, Marketing Manager, and all team members – along with the ongoing support I receive from Marco's in helping me grow my entrepreneurial dream. This is such a huge achievement as it validates that our efforts have not gone unnoticed. With two more stores set to open by the end of the year, the future is bright and I have more drive than ever to continue on my growth journey."
The Franchise Rock Stars recognized were nominated by their franchise brand leadership teams in one of eight categories as franchisees who set admirable examples when it comes to leadership, business acumen, financial and professional success, and contributing to their community. Categories included: Giving Back, Women, Millennials, Veterans, Family-Owned, "Freshmen," Top-Performers and Multi-Unit Owners.
"Not only is Stephanie a stand-out franchisee for Marco's, but she's earned her place as a leader in the franchise industry," said Tony Libardi, Co-CEO & President of Marco's Pizza. "We're extremely proud of Stephanie on all she's accomplished and look forward to her continuing to play a role in growing and strengthening the Marco's brand."
Marco's is experiencing explosive growth, record-breaking double-digit same-store-sales increases year-over-year, and continues to pilot new programs – investing millions of dollars into technology and innovation – to sustain its performance. On track to reach $1B in annual systemwide sales in 2022, eager and sophisticated entrepreneurs and multi-unit operators are flocking to the franchise opportunity, as now nearly half of the franchise network is made up of multi-unit owners.
With strong growth and performance, Marco's experienced a 12.8% increase in year-over-year Average Unit Volume (AUV), and the Top 50% of Marco's franchised stores generated $1,198,201 AUV for 2021**.
For more information on Marco's Pizza franchise opportunities, visit https://www.marcos.com/franchising/ or call 866-731-8209 to speak with Shannon Iverson, Vice President of Franchise Sales.
ABOUT MARCO'S PIZZA
Marco's Pizza is America's Most Loved and Most Trusted Pizza Brand, according to the 2019 Harris Poll EquiTrend® Study. Headquartered in Toledo, Ohio, Marco's Pizza is the fastest-growing pizza brand in the United States. Marco's was founded in 1978 by Italian-born Pasquale ("Pat") Giammarco and thrives to deliver a high-quality pizza experience, known for its dough made from scratch and its three fresh signature cheeses. The company has grown from its roots as a beloved Ohio brand to operate over 1,100 stores in 33 states with locations in Puerto Rico and the Bahamas. Most recently, Marco's Pizza was ranked No. 2 in the Pizza category on Entrepreneur Magazine's 2022 "Franchise 500" ranking, and No. 4 in the Fastest Growing category on Restaurant Business' 2021 "Top 10 Fastest Growing Chains" ranking. Other recent accolades include a first-time presence on Newsweek's 2022 "America's Best Customer Service" in pizza chains list, ranked No. 42 on QSR's Top 50 and has been featured five consecutive years on Nation's Restaurant News' prestigious "Top 500" ranking.
*Marco's Pizza is the fastest-growing pizza brand based on year-over-year unit growth, according to 2021 NRN Top 500 U.S. Restaurant Ranking LSR Pizza Segment.
**Based on the Average Unit Volume of the top 50% of our Franchised Stores for fiscal year 2021. Based on fiscal year 2021, 146 of 389 Franchised Stores in the category (38%) met or exceeded this average. This information appears in Item 19 of our 2022 FDD – please refer to our FDD for complete information on financial performance. Results may differ. There is no assurance that any franchisee will perform as well.
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SOURCE Marco's Pizza | https://www.kxii.com/prnewswire/2022/07/19/marcos-pizza-multi-unit-franchisee-earns-rock-star-recognition-franchise-business-review/ | 2022-07-19T15:17:48Z |
FLAGSTAFF, Ariz., April 20, 2022 /PRNewswire/ -- U-Haul® is offering help to families displaced by the rapidly spreading Tunnel Fire in Coconino County, providing 30 days free on-site use of U-Box storage containers at its Flagstaff store.
The offer is available until the store's U-Box® inventory is filled.
The Tunnel Fire 14 miles northeast of Flagstaff grew to 16,625 acres overnight Tuesday and has no containment. High winds pushed flames northeast over U.S. Highway 89 toward Bonito Park and the Sunset Crater National Monument area.
Hundreds of households have been forced to evacuate. More homes, businesses and historical sites stand to be impacted.
"This is a scary situation for the families being uprooted from their homes that are in the fire's path," stated Jim Jessup, U-Haul Company of Northern Arizona president. "We want to help our neighbors however we can. If those impacted by the Tunnel Fire want to bring their belongings to our Flagstaff store, we will extend the use of our U-Box containers for a month of storage at no charge."
People seeking more information about the U-Haul disaster relief program or needing to arrange 30 days free on-site U-Box container storage should contact general manager Kathy Battali at the participating facility:
U-Haul Moving & Storage of Flagstaff
1982 E. Huntington Drive
Flagstaff, AZ 86004
(928) 779-5101
In addition to its 30 days free self-storage disaster relief program, U-Haul is proud to be at the forefront of aiding communities in times of need as an official American Red Cross Disaster Responder.
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 176,000 trucks, 126,000 trailers and 46,000 towing devices. U-Haul offers nearly 855,000 rentable storage units and 73.6 million square feet of self-storage space at owned and managed facilities throughout North America. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.
Contact:
Jeff Lockridge
Sebastien Reyes
E-mail: publicrelations@uhaul.com
Phone: 602-760-4941
Website: uhaul.com
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SOURCE U-Haul | https://www.wibw.com/prnewswire/2022/04/21/u-haul-offers-30-days-free-u-box-storage-tunnel-fire-evacuees/ | 2022-04-21T00:39:56Z |
When you board an airplane, the decade-old, bulky inflight entertainment screens can feel like a holdover from another era. For years, travelers have shared feedback about their outdated inflight experiences, and now it appears companies are getting closer to implementing some revolutionary concepts. In fact, if a few tech giants have their way, you'll soon be able to video chat with the flight crew at 30,000 feet.
Here's what else you need to know to Get Up to Speed and On with Your Day.
(You can get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)
1. Uvalde
A Texas House investigative committee released a preliminary report Sunday outlining a series of failures by multiple law enforcement agencies during their response to the mass shooting at Robb Elementary School in Uvalde, Texas. The report, which was first made available to the victims' families, described "an overall lackadaisical approach" by nearly 400 officers. According to the report, law enforcement officials share a "systemic responsibility" for waiting more than an hour before breaching the classroom and killing the shooter. First responders also "lost critical momentum" by treating the situation as a "barricaded subject" scenario, which calls for a more measured response compared to an active shooter. The report said officials were also lacking an effective incident commander, resulting in a breakdown in communication. The gunman who stormed the school killed 19 students and two teachers, making it the second-deadliest shooting ever at a K-12 school in the US.
2. Mall shooting
As communities across the US continue to grapple with the aftermath of mass shootings, another three people were killed and several others injured after a shooter opened fire in a food court at an Indiana shopping mall on Sunday. Around 6:00 p.m. local time, multiple people called 911 to report an active shooter at a mall in Greenwood, Indiana, police said. Investigators believe the unidentified gunman, an adult man, was shot and killed by a lawfully armed 22-year-old man who "observed the shooting in progress," Greenwood Police Department Chief Jim Ison said. Among the injured victims is a 12-year-old girl whose parents brought her to the hospital with minor injuries after the shooting, the chief said, noting she is expected to be "just fine." There have been 350 mass shootings this year, according to Gun Violence Archive.
3. Ukraine
At least 353 Ukrainian children have died and more than 665 have been injured due to Russia's invasion, the Ukrainian Juvenile Prosecutor's Office said today. Most of the injuries were reported in Donetsk, Kharkiv and Kyiv, it said. At least 2,138 educational institutions have been damaged, of which 221 have been completely destroyed. Separately, Ukrainian President Volodymyr Zelensky has fired two of his top officials, accusing members of their staff of treason and collaborating with Russia. One of the dismissed officials was a long-time associate of Zelensky. On the ground, the Ukrainian military said today that the shelling of its defenses across the Donetsk region is continuing, but renewed attempts by Russian forces to win territory have been thwarted.
4. Heat waves
Authorities across southern Europe spent the weekend battling huge wildfires in countries including Spain, Greece and France, with hundreds of deaths blamed on soaring temperatures that scientists say are consistent with climate change. At least 1,000 deaths have been attributed to the heat wave in Portugal and Spain so far. Temperatures in Spain have reached as high as 114 degrees Fahrenheit during the nearly weeklong heat wave. In France, wildfires have forced the evacuations of more than 14,000 people as officials continue to issue red alerts, the highest possible to warn residents. Extremely high temperatures are forecast in Britain today and tomorrow in what would top a previous official record of 102 degrees Fahrenheit. And in the US, several states from the north-central Plains to Texas face possible record high temperatures this week, according to the National Weather Service.
5. Netflix
Netflix will report its second-quarter earnings on Tuesday, and it's shaping up to be one of the most consequential moments in the 25-year history of the company. In April, the streaming giant reported that it lost subscribers in the first quarter of 2022 -- the first time that had happened in any quarter for more than a decade. Netflix's stock subsequently plummeted (it's currently down about 70% so far this year), wiping out billions of dollars in market value. Soon after, the company laid off hundreds of employees. And a weak outlook for the second quarter shocked investors: Netflix predicted it would lose another 2 million subscribers in the spring. According to a market researcher, if that number is higher than 2 million in the report on Tuesday, investors may fully turn their backs on Netflix -- a move that could reshape the future of the company as well as the entire streaming sector.
BREAKFAST BROWSE
Jennifer Lopez and Ben Affleck are married
Do you hear something? Like a ringing noise? It sounds like wedding bells! Nearly 20 years after their first engagement, Bennifer officially tied the knot.
San Francisco opens a park atop a busy highway tunnel
Developers repurposed this unusual space to create a 14-acre urban oasis.
Pilot deploys parachute, plane crashes into sidewalk outside Bruges
Luckily the pilot's life was saved, and the incident caused minimal damage... but it was a close call. Watch footage of the crash-landing here.
Why BMW is offering heated seats on a monthly subscription
Should we add this to the list of odd subscription services? I think so.
10 scenic and remote museums and galleries that are worth the trip
Wow, this museum nestled on a mountain in Italy is absolutely breathtaking. View this list if you appreciate stunning natural beauty.
HAPPENING LATER
Steve Bannon trial
The trial of Steve Bannon, ex-adviser to former President Donald Trump, begins today in Washington, DC. Bannon is charged with contempt of Congress for failing to testify and produce documents following a subpoena from the House Select Committee investigating the January 6 Capitol riot. Bannon has called the committee's investigation a "clown show."
TODAY'S NUMBER
150
That's how many headstones were recently damaged across two cemeteries in Lebanon, Tennessee, after two local men allegedly went on a vandalism spree, according to officials. The two have each been charged with one count of vandalism over $60,000, police said, calling the acts "heinous" and a "senseless crime."
TODAY'S QUOTE
"I think that decision was clearly wrong when it was decided. It was the court overreaching."
-- Texas Republican Sen. Ted Cruz, saying he believes the US Supreme Court was "clearly wrong" in its landmark 2015 Obergefell v. Hodges ruling that legalized same-sex marriage. On Saturday, Cruz echoed views expressed by many conservatives, including Justice Clarence Thomas, that the Supreme Court should revisit past rulings such as Obergefell v. Hodges. His remarks come weeks after the Supreme Court overturned Roe v. Wade, ruling there was no longer a federal constitutional right to an abortion.
TODAY'S WEATHER
AND FINALLY
Cats and Dominoes
This mesmerizing domino trick came together with the help of a few feline friends! (Click here to view)
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/5-things-to-know-for-july-18-uvalde-mall-shooting-ukraine-heat-waves-netflix/article_e018c978-1d57-5296-826c-967a49e19034.html | 2022-07-18T12:38:33Z |
General Motors is offering 2023 Chevrolet Corvette Z06 buyers a financial incentive to keep their cars rather than flipping them for a profit.
In an email to customers first spotted by CorvetteBlogger.com, GM dangled 500,000 My Chevrolet Rewards points—valued at $5,000—to Z06 buyers who keep their cars for at least 12 months from the date of purchase.
Chevy spokesperson Trevor Thompkins confirmed the deal and email to Motor Authority. More specifics will be detailed surrounding the program closer to the Z06’s launch later this year.
While not cash, My Chevrolet Rewards points can be redeemed for parts and accessories at Chevy dealerships, as well as service visits and OnStar data plans.
The email was sent out shortly after GM confirmed pricing for the Z06. It will start at $106,395 (including destination) for the base 1LZ coupe and $113,895 for the 1LZ convertible. Order books open July 28, and production is scheduled to start later this summer.
Those six-figure prices buy what is likely to be the most track-capable production Corvette yet, with a jewel of an engine. The LT6 5.5-liter V-8 develops 670 hp and 460 lb-ft of torque without forced induction. And thanks to a flat-plane crank, it can also rev to 8,600 rpm. It’s also likely to have a short lifespan within the brand, in non-electrified form at least, as Chevy is moving toward hybrid and all-electric Corvette models.
The LT6 should also make the 2023 Z06 an instant collectible, and with so many other new models getting flipped, it’s not surprising that GM would try to incentivize owners to keep their cars. But will $5,000 in rewards points be enough to do that?
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- 1957 BMW 507 hidden for over 40 years heads to auction | https://cw33.com/automotive/internet-brands/keep-your-2023-corvette-z06-for-a-year-and-chevy-will-give-you-5000/ | 2022-08-04T02:03:19Z |
EDITOR’S NOTE: Third in a series of articles on Albany Technical College’s Adult Education program.
ALBANY — The question for Linda Coston, the vice president in charge of Adult Education at Albany Technical College, is a simple one: Is the program having an impact?
And while the answer to that question has its layers of complexity, for Coston, it’s as simple as the question itself.
“Look, I could retire,” the Albany Tech VP who, on ATC President Anthony Parker’s directive drew up and then took over the technical college’s Adult Ed program in 1996, said. “But this program is why I’m still here. There are still things I want to accomplish.
“But, to answer your question, the Adult Ed program has had a significant impact not only on students’ lives, but on this community as well. It’s a program that offers hope.”
“Hope,” being a relative term, Coston provides numbers to back her claim. And while enrollment numbers show a COVID-influenced steady decline in participation from five years ago (1,079 enrolled in 2018, 557 in 2022), the bottom-line number is what carries the most weight. Eight hundred twenty-nine students who went through the Albany Tech program in the past five years have gained employment related to their involvement with the program.
“There’s no question our Adult Education program has had a significant impact,” Parker said. “Of course, it had more of an impact up to 2012, when for some reason I can’t explain or justify, the opportunity for students to dually enroll — in Adult Ed and career classes — was taken away. Maybe there was concern that the Pell Grant numbers had gotten too high, but the powers that be decided students couldn’t take classes in their field of interest until they obtained their GED.
“Thankfully, the option of being dually enrolled has returned, and that’s going to be a big incentive for our students. But we lost all of the momentum we’d gained, and now we have to work to get it back.”
The numbers generated through the Adult Ed program at Albany Tech is particularly key at the southwest Georgia college. The Albany metro area was the lone MSA in the state that lost population from the 2010 to the 2020 census.
“In our seven-county service area, we have 8,000 fewer people now that we did 10 years ago,” Parker said. “So we’re not going to be able to maintain growth through young students. What we’re doing in our Adult Ed program is going back to a group that didn’t get the education they should have, for whatever reason.
“If we’re going to experience economic growth in our region, we can’t leave this group out. We’re relying on them to make up for the fact that we lost population.”
A quick look at Albany Tech’s High School Equivalency numbers attained since the start of the Adult Ed program is telling:
(1996 — 257; 1997 — 428; 1998 — 582; 1999 — 590; 2000 — 679; 2001 — 670; 2002 — 279; 2003 — 459; 2004 — 388; 2005 — 430; 2006 — 181; 2007 — 242; 2008 — 393; 2009 — 330; 2010 — 370; 2011 — 355; 2012 — 376; 2013 — 643; 2014 — 93; 2015 — 176; 2016 — 317; 2017 — 422; 2018 — 373; 2019 — 265; 2020 — 121; 2021 — 128; 2022 — 29)
That’s 9,576 citizens in the community who have utilized the program that offers them a shot at a higher-paying job and a better quality of life. That number should excite individuals who might have fallen through the cracks in their education, Coston said.
“There is not a better time for this program,” she said. “Jobs are available now, and we have programs that train students for jobs that interest them. And we have some 30 programs right now in which Adult Ed students can enroll in even while they’re working to get their GED.
“In today’s job market, we don’t have as many students as the market has need for. It’s puzzling to me that, with our state technical college system providing Adult Education programs at no charge to the students — and I know many, many, many people in the area who could and should be, we have people who are not taking advantage of the opportunities given. It’s disappointing that with something that’s so easily do-able, so many residents are not taking advantage.”
Still, Parker said, the numbers point to a promising inevitability as it relates to job-seekers in today’s market.
“(Georgia Chamber President/CEO) Chris Clark, when he talks about economic development, he talks about competition for talent,” the ATC president said. “Before COVID, he says there were three jobs out there for every qualified applicant. Now, he says there are four, five, six jobs. We have to make our citizens aware ... those numbers don’t lie.”
Talking about students who have always had difficulty navigating the structured education system, Coston offers a story of one recent such student.
“At that time, people who were receiving assistance from DFACS had to be enrolled in GED classes,” Coston said. “So we had a lot of students who were not here by choice. One young lady came to me every night with an issue ... her stomach hurt, her baby had been sick ... she had a million and one reasons not to come to classes. I told her the same thing every time she came to me: ‘Go to class.’
“I kind of lost track of her, and a few months later when we were preparing for graduation, I noticed her name among the graduates. I was a little puzzled because I hadn’t seen her in a while. When they called her name for graduation, though, she ran right to me and hugged me and thanked me. That right there ... that’s why this program is so important.” | https://www.albanyherald.com/features/albany-tech-adult-ed-offers-hope-in-seemingly-hopeless-circumstances/article_dbac7e06-b2b1-11ec-8bee-cf5b57d0b155.html | 2022-04-02T22:05:25Z |
HARTFORD, Conn., June 7, 2022 /PRNewswire/ -- Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced the following monthly distributions:
Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
The Fund provided this estimate of the sources of the distributions:
Information regarding the Fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund's NAV and not the market price of the Fund's shares. Performance figures are not meant to represent individual shareholder performance.
The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.
About the Fund
Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund is a diversified closed-end fund that seeks to provide total return through a combination of current income, current gains and long-term capital appreciation. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company's debt and equity in order to offer an attractive risk/reward profile. Virtus Investment Advisers, Inc. is the investment adviser to the Fund and Allianz Global Investors is its subadviser.
For more information on the Fund, contact shareholder services at (800) 254-5197, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.
Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the end of this press release.
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SOURCE Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund | https://www.mysuncoast.com/prnewswire/2022/06/07/virtus-allianzgi-artificial-intelligence-amp-technology-opportunities-fund-declares-distribution-discloses-sources-distribution-section-19a-notice/ | 2022-06-07T20:55:26Z |
Yellowstone National Park culls just 49 bison this winter
BOZEMAN, Mont. (AP) — Forty-nine Yellowstone National Park bison were shipped to slaughter, killed by hunters or captured for relocation this winter —- well short of officials’ goal to remove 600 to 900 of the animals.
The park has about 5,000 bison, also known as buffalo.
The herds are culled annually under a federal-state agreement that’s meant to keep their numbers from growing and to prevent bison from spreading the disease brucellosis to cattle.
The culling program depends on large numbers of bison migrating into Montana.
But this year’s migration was not very large. | https://localnews8.com/news/top-stories/2022/04/15/yellowstone-national-park-culls-just-49-bison-this-winter/ | 2022-04-15T19:11:36Z |
HAIKOU, China, June 15, 2022 /PRNewswire/ -- Under the guidance of the People's Government of Haikou Municipality, the press conference of "Global Call for Entries: Haikou Urban Element Refining and Creative Design Scheme" was jointly sponsored and held by the Publicity Department of CPC Haikou Municipal Committee and the Tourism, Culture, Radio, Film, Television and Sports Bureau of Haikou City.
As the capital city of Hainan Province, Haikou is the political, economic, scientific and technological, and cultural center of the province, and has the important task of creating the core leading area of Hainan Free Trade Port. The "Global Call for Entries: Haikou Urban Element Refining and Creative Design Scheme" will call for strategic partners from all over the world, inviting enterprises, institutions, social organizations, art and craft colleges and studios engaged in cultural creativity and art design to refine Haikou's urban elements. Based on these elements, a set of urban VI design schemes will be designed with creativity, in line with the city image of "Vibrant Haikou, Opportunity Haikou", showing the regional characteristics and reflecting the characteristics of the city.
To encourage the design team to create the best works, the organizer will award the project partner with the honorary title of "Haikou City Culture Promotion 'Peer'" and a series of specific resources and rights.
For details of the project announcement and specific requirements, please refer to the official website of the People's Government of Haikou Municipality, the official website of the Tourism, Culture, Radio, Film, Television and Sports Bureau of Haikou City, and HKBTV.CN, or follow official WeChat accounts of Haikou's Release, Haikou Broadcasting and Television Station, and other platforms.
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SOURCE HKBTV | https://www.wibw.com/prnewswire/2022/06/16/global-call-refining-creative-design-proposals-haikou-urban-elements/ | 2022-06-16T03:31:35Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Energy Transfer LP (""Energy Transfer or the "Company") (NYSE: ET). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Energy Transfer and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On August 8, 2019, Energy Transfer filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission, reporting the Partnership's financial and operating results for the second quarter ended June 30, 2019 (the "2Q19 10-Q"). The 2Q19 10-Q disclosed that two years earlier, in mid-2017 Federal Energy Regulatory Commission ("FERC") Enforcement Staff began a non-public formal investigation "regarding allegations that diesel fuel may have been included in the drilling mud at the Tuscarawas River HDD." On this news, Energy Transfer's stock price fell $0.65 per share, or 4.6%, over the following two trading days, to close at $13.38 per share on August 12, 2019. Then, on December 16, 2021, FERC publicly issued to Energy Transfer an Order To Show Cause And Notice of Proposed Penalty, which proposed a $40 million fine for the inadvertent release incident.
On this news, the price of Energy Transfer shares declined $0.24, or 2.8% over the course of two trading days, to close at $8.25 per share on December 20, 2021.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/08/01/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-energy-transfer-lp-et/ | 2022-08-01T20:03:56Z |
NEW YORK (AP) — Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons.
The actions, announced Tuesday, come after a pronounced spending shift by Americans, from investments in their homes to money spent on experiences like travel and nights out for dinner and other pre-pandemic routines. Shoppers are also focusing more on non-discretionary items like groceries as inflation makes them more selective. That’s a change that arrived much faster than major retailers had anticipated.
The speed at which Americans pivoted away from pandemic spending was laid bare in the most recent quarterly financial filings from a number of major retailers. Target reported last month its profit for the fiscal first quarter tumbled 52% compared with the same period last year. Sales of big TVs and small kitchen appliances that Americans loaded up on during the pandemic have faded, leaving Target with a bloated inventory that it said must be marked down to sell.
Other retailers including Macy’s, Kohl’s and Walmart cited rising inventories when they reported their quarterly earnings results last month. Walmart said at its annual shareholders’ meeting on Friday that 20% of its elevated inventory were items the company wishes it never had.
Target declined to give a dollar amount of merchandise orders that are being canceled and depths of the discounts.
In aggressively clearing out unwanted goods, Target wants to make room for what is now in demand, including groceries and makeup products. But Target is also facing sharply higher costs for everything from labor to transportation and shipping, and it will offset price cuts where it can with higher prices for goods now in demand.
“Retail inventories are elevated,” Michael Fiddelke, Target’s chief financial officer, told The Associated Press in a phone interview Monday. ”And they certainly are for us, in some of the categories that we misforecast. We determined that acting aggressively was the right way to continue to fuel the business.”
Target is working with suppliers to cover costs for their vendors whose orders are being cancelled. In some cases, some of the raw materials that were meant for some goods will instead be used for other products in higher demand, Fiddelke said. Many of the orders for products being canceled have a long production lead time of nine months, he said.
Target also announced that it will add five distribution centers over the next two fiscal years.
Target said the costs related to the moves will hurt the bottom line in the current quarter. Target now expects its second-quarter operating margin rate will be roughly 2%, down from around 5.3% it had expected last month. For the second half of the year, Target expects an operating margin rate in a range around 6%, a rate it said would exceed the company’s average fall season performance in the years leading up to the pandemic.
Last month, Target forecasted its full-year operating income margin rate would be in the 6% range. Target didn’t give a new full-range prediction. It also said it secured additional space near U.S. ports to hold merchandise to allow for more flexibility.
Target, however, continues to expect full-year revenue growth in the low- to mid-single digit range and expects to maintain or gain market share for the year.
Shares of Target Corp. fell nearly 4%, or $5.93 to $153.74 in afternoon trading Tuesday. | https://cw33.com/news/nexstar-media-wire/target-cuts-prices-vendor-orders-to-clear-out-huge-inventory/ | 2022-06-07T21:46:47Z |
Zendesk (a world-leading customer support platform) recognizes Qtrac's consistently exceptional customer experiences
VALENCIA, Calif., Aug. 4, 2022 /PRNewswire/ -- Qtrac® by Lavi Industries, a world-leading provider of virtual queue management and appointment scheduling systems, today announced it has received a Zendesk Customer Satisfaction Badge, a milestone that highlights how Qtrac customers can depend on reliable and knowledgeable support personnel for exceptional customer service during every engagement.
"Achieving this recognition of exceptional support is a testament to our people, process, and flexible, user-friendly software," said Yoni Lavi, president of Qtrac. "This designation is fully controlled and managed by Zendesk, which ensures credibility and transparency for the recognition. The badge is a form of assurance that our customers are receiving the best-in-class support they deserve."
World-class support is essential with SaaS platforms, and receiving customer feedback, even when service is exceptional, can be a challenge for any organization. Qtrac awards badges to its most engaged customers, which provides positive reinforcement for interacting with the company and incentivizes them to do more.
To determine eligibility for a Customer Satisfaction Badge, Zendesk reviews a partner company's customer ratings. If a partner company has 120 satisfactory ratings overall, and the most recent 100 ratings are satisfactory and above, the partner is awarded the badge.
"Delivering world-class service is critical to our organization's success, and, more importantly, to our customers' success," added Alek Nikolovski, Qtrac's helpdesk manager.
Qtrac customer service is fully accessible for all customers via telephone, email, and live chat. Customers can also find an extensive self-help library through an online help center.
ABOUT ZENDESK
Zendesk is a cloud-based CRM company that builds software designed to improve customer relationships. Tools are fully customizable and can be integrated with a variety of other apps like Google Analytics. The company was founded in 2007 by three friends sitting around a kitchen table and now has more than 5,400 employees located in 160 countries. More information is available at zendesk.com.
ABOUT QTRAC®
Qtrac® provides virtual queue management systems to companies of all sizes and across many different industries around the world. Its virtual queuing technology enhances the customer experience by focusing on the way people interact with businesses in order to eliminate lines, increase sales and improve service. Qtrac was founded by Lavi Industries, the premier provider of public guidance and crowd control solutions. Building on Lavi's 40+ years of experience and success in helping the world's leading companies effectively guide people in, through and out of their facilities, Qtrac helps organizations improve their operations by improving the customer journey. More information is available at lavi.com and qtrac.com.
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SOURCE Qtrac by Lavi Industries | https://www.mysuncoast.com/prnewswire/2022/08/04/qtrac-earns-zendesk-customer-satisfaction-badge/ | 2022-08-04T18:04:35Z |
NEW YORK, July 24, 2022 /PRNewswire/ -- Following a successful seminar on July 4th, New Heaven New Earth, Shincheonji Church of Jesus, the Temple of the Tabernacle of the Testimony, hosted an online event on Saturday, July 23rd for pastors and church leaders around the world.
Titled "Prophecy and Fulfillment of the Old and the New Testaments," the new Bible seminar testified to the 66 books of the Bible's secrets of the kingdom of heaven and the new covenant, the Revelation. The event featured Shincheonji Church Chairman Lee Man-hee as the main speaker, who explained the entire book of Revelation, chapter by chapter.
Chairman Lee emphasized that the prophecy of the book of Revelation was fulfilled and came true. He asked listeners to confirm and believe the testimony of the witness who saw the fulfillment of the events of Revelation. He also spoke directly to the pastors attending the seminar.
"Pastors who have hope in heaven must make a decision right away," Chairman Lee said. "According to the Bible, according to God's will, we must receive the book and hear from the person who witnessed this work in the field."
A series of Shincheonji Church seminars released since the fall of 2021 have attracted more than 20 million YouTube viewers globally. Seminar content has included the introductory, intermediate and advanced curriculum of the church's mission center, which teaches the Bible from Genesis to Revelation, free of charge.
In 2019, 103,764 students graduated from the Zion Christian Mission Center after completing a rigorous theology course in less than one year. Even when the Covid-19 pandemic reached its peak, the mission center had more than 20,000 students graduating in 2020 and 2021, respectively. Another graduation of 100,000 students is planned for the end of 2022.
Shincheonji Church's rapid growth has also continued despite slander and persecution from politicians and more established Christian groups and denominations.
Interest in its teachings and ability to explain the entire Bible clearly has led to requests for the church's educational materials domestically and abroad. Thousands of pastors across multiple continents agreed to sign an MOU (memorandum of understanding) with Shincheonji Church, opening the door for collaboration.
Contact: revelation@scjamericas.org
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SOURCE Shincheonji Church of Jesus | https://www.kxii.com/prnewswire/2022/07/24/bible-seminar-draws-pastors-church-leaders-worldwide/ | 2022-07-24T04:46:59Z |
Courts continue to scrutinize J&J's controversial bankruptcy ploy to avoid liability
MONTGOMERY, Ala., Aug. 12, 2022 /PRNewswire/ -- Legal experts say the decision by Johnson & Johnson (NYSE: JNJ) to halt future sales and distribution of talc-based products worldwide, including its iconic Johnson's Baby Powder, points to mounting pressure on the company to resolve tens of thousands of legal claims brought by ovarian cancer and mesothelioma victims.
Numerous scientific studies spanning decades have established the carcinogenic effects of cosmetic talc, while U.S. and Canadian governmental regulators have called for enhanced testing techniques for products containing the mineral, particularly after independent testing by the U.S. Food & Drug Administration revealed asbestos in consumer samples of talc-based powders. Meanwhile, internal corporate documents presented in trials during the past several years have shown that J&J and its consultants knew of the dangers of the company's products and took steps to deny or otherwise cover up those findings to avoid legal liability.
"J&J has finally done the right thing. Throughout decades of selling talc-based products, the company knew talc could cause deadly cancers to unsuspecting women and men around the world," says Leigh O'Dell of the Beasley Allen Law Firm in Montgomery. "They stopped sales in North America more than two years ago and blamed that move on the litigation. The delay in taking this step is inexcusable. I can only hope J&J will now do the next right: take responsibility and adequately compensate the victims they have needlessly harmed."
The vast majority of the more than 38,000 cases filed by ovarian cancer victims against J&J were consolidated in multidistrict litigation in New Jersey federal court, and bellwether trials had been scheduled to begin last spring. Those proceedings were put on hold in late 2021 when the company chose to pursue a controversial "Texas Two-Step" bankruptcy.
That scheme involved creating a new corporate shell company to hold all talc-related liabilities before taking that entity into bankruptcy. If successful, the tactic would allow Johnson & Johnson to avoid paying cancer victims and protect a market capitalization of approximately a half-trillion dollars. Because of the bankruptcy, all trials in the MDL and others filed in state courts are currently suspended.
The two-step move has raised eyebrows in Congress, where representatives have begun discussing potential changes to the bankruptcy laws that would prevent this sort of consumer harm in future cases.
"The potential loss of a jury trial is not a mere by-product of the filing; the sole purpose of the bankruptcy is to remove tort claimants from the tort system and strip them of their rights against extraordinarily wealthy and highly solvent entities," wrote Erwin Chemerinsky, Dean of the University of California's Berkeley School of Law, in a brief filed with the bankruptcy court.
"The Debtor is a newly created shell, with no business to restructure, no operations to rehabilitate, and no customers or genuine employees to serve. In short, the Debtor has no reorganizational purpose," he noted in the brief, one of many filed by constitutional scholars raising concerns about the "Two-Step."
The propriety of the bankruptcy and accompanying halt to litigation imposed by the bankruptcy court will be reviewed by the U.S. Court of Appeals for the Third Circuit in a hearing Sept. 19.
About Beasley Allen Law Firm
Headquartered in Montgomery, Ala., Beasley Allen is comprised of more than 70 attorneys and 200 support staff. One of the largest Plaintiffs law firms in the country, Beasley Allen is a national leader in civil litigation, with verdicts and settlements in excess of $26 billion. Beasley Allen was one of only 12 firms in the nation named by Law360 to its Most Feared Plaintiffs Firms list in 2015, and the firm was included on the National Law Journal Midsize Law Firm Hot List and the NLJ Elite Trial Lawyers List in 2014. For more information about our firm, please visit our website at www.beasleyallen.com.
Media Contact:
Barry Pound
800-559-4534
Barry@androvett.com
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SOURCE Beasley Allen Law Firm | https://www.mysuncoast.com/prnewswire/2022/08/12/johnson-amp-johnson-ends-global-sales-cancer-causing-baby-powder-amid-increased-scrutiny-consumer-litigation-science/ | 2022-08-12T22:17:43Z |
(The HIll) – President Biden is keeping student loan borrowers in suspense over whether he’ll decide to again extend a freeze on repayments with less than two weeks to go until the Aug. 31 cutoff date.
It’s the smallest window of time borrowers have had so far since the pause in federal loan repayments began at the start of the COVID-19 pandemic, with lawmakers and advocates pressuring the administration to make a decision that revolves around crucial financial planning.
“The stress and anxiety and frankly fear that borrowers are feeling right now, we feel it every day when we’re speaking to them. The very first question is: What do we know? What’s going to happen? What do I need to do to scrounge up money to pay for student loans next month?” said Natalia Abrams, president and founder of the Student Debt Crisis Center.
The delay in announcing a decision and the approaching midterm election raises questions over if the news will include more than a payment pause extension and potentially a long-awaited decision to forgive some amount of such debt.
The freeze has been extended six times since loan payments were first put on hold in March 2020 under former President Trump. The order froze the accrual of interest on federal student loans serviced by the U.S. Department of Education, effectively freezing $1.6 trillion in debt owed by more than 40 million Americans.
Education Secretary Miguel Cardona on Tuesday indicated a decision will be made “soon” on student loan repayments, but wouldn’t say whether the Biden administration plans to extend the pause.
The president said last month that “the end of August” is his timeline for making a decision –– potentially butting an announcement right up to the deadline –– but he’s otherwise kept his next move on student loans a mystery, leaving borrowers and advocates waiting largely in the dark.
“In an economy where millions of people continue to struggle financially amidst inflation and rising housing and rent prices, it’s beyond frustrating that President Biden has yet to provide a clear answer on student loan forgiveness,” said Carlos Moreno, senior campaign strategist with the ACLU, adding that it’s “long past time” for Biden to cancel student debt.
Braxton Brewington, spokesperson for the Debt Collective, said borrowers are tired of “playing red-light-green-light with their monthly bills and financial security” every time another payment pause deadline approaches.
“Dragging out a decision this long and so close to a deadline undermines tens of millions of Americans’ ability to make consequential financial decisions like whether or not they can save for retirement, afford medication or child care, and even pay their rent,” he said.
Biden has also felt pressure from lawmakers. Last month, Sen. Bob Menendez (D-N.J.) led a letter signed by over 100 Democrats in Congress calling for Biden to extend the pause, citing the economic hardship some have faced due to the coronavirus pandemic, as well as the squeeze rising inflation has put on consumers nationwide.
Democrats and advocates have also pushed for the relief as a means to advance racial equity, while pointing to the disproportionate burden faced by borrowers of color, especially Black Americans, who experts say are more likely to borrow at higher rates and struggle with repayment.
Laura Beamer, lead researcher in higher education finance for the left-leaning Jain Family Institute, said that while all borrowers will feel some kind of impact from the ongoing moratorium or any cancellation, the effects would be most felt among Black borrowers.
“Black borrowers are going to feel more of an impact from any cancellation, from any extension for the moratorium, than their peers,” Beamer said. She added that the impact would also be more pronounced for those with “higher debt to income ratios, and those people are disproportionately hailing from disadvantaged groups and low socioeconomic status groups.”
During the 2020 campaign, Biden championed forgiving at least $10,000 in federal student loans per person. Over a year ago, he requested a memo from the Department of Education to determine his authority to forgive student debt through executive action, but the administration has not publicly announced if the memo is complete.
That hasn’t stopped the administration from approving forgiveness for billions in student debt.
Since Biden has taken office, his administration has greenlit over $31 billion in student loan relief for hundreds of thousands of borrowers. But that relief has only extended in certain cases, including for those who have attended schools found to have misled students, borrowers with disabilities, and those participating in the Public Service Loan Forgiveness program.
Biden announced in June that he would cancel nearly $6 billion in student debt for former Corinthian College students. The move came after the school faced immense scrutiny following lawsuits charging it with defrauding students, but the significant round of forgiveness immediately raised pressure on the White House to do more.
Progressives and advocates argue the actions by the administration prove Biden has authority to approve broader student loan relief. But whether he should has been a source of debate among some financial experts and lawmakers.
Many Republicans have come out against the push for widespread forgiveness as well as extensions to the current repayment pause, blasting the relief as unfair for Americans that didn’t attend college and claiming it would add fuel to rising inflation.
By contrast, some experts have downplayed the effects of the payment pause on the decades-high inflation rates seen in recent months. There’s also been some pushback over how much of an impact a potential plan to approve $10,000 in student debt for certain borrowers would have on rising costs.
“The inflationary pressure that cancellation has, especially at an amount at $10,000, is going to be minimal,” Beamer said. She also noted that a chunk of borrowers take longer than 10 years to pay off their debt, which she argued eases the potential impact actions canceling student debt could have on inflation.
However, the borrower relief has also been targeted by budget watchers at a time the government has been facing pressure to cool off spending.
Marc Goldwein, senior vice president of the Committee for a Responsible Federal Budget, said the effects of extending a current pause on payments is “not gigantic.”
“It’s not large relative to the size of the inflation problem. But it’s large relative to the president’s tools to fight inflation,” Goldwein said, while also calling ending the payment freeze “one of the most direct and instantaneous tools that the administration has” to combat inflation. | https://cw33.com/news/nexstar-media-wire/biden-keeps-student-loan-borrowers-in-suspense-over-payment-pause/ | 2022-08-19T11:25:00Z |
BEIJING , June 23, 2022 /PRNewswire/ -- Six months after the Regional Comprehensive Economic Partnership (RCEP) came into force, Cheung Kong Graduate School of Business (CKGSB), in collaboration with Asia House, the Malaysian Chamber of Commerce in China and Indonesian Business School, Prasmul-Eli, hosted the webinar, "New Frameworks: RCEP's Critical Role in Driving the Asian Digital Economy" on June 22 to explore the impacts of the world's largest trade agreement and how it will shape the future of the region. The event featured Vietnam's Vice Minister of Industry and Trade, Tran Quoc Khanh, the Deputy Secretary-General for ASEAN Economic Community, Satvinder Singh, and CKGSB's Founding Dean and Professor of China Business and Globalization, Xiang Bing.
Khanh, started with a speech outlining the significance of RCEP, saying, "It is the most comprehensive free-trade agreement ASEAN has ever signed. RCEP is also the first free-trade agreement that ASEAN have signed with a stand-alone chapter on ecommerce."
Xiang following by saying, "China has been the largest trading partner of Korea for the past 18 years, Japan for 15 years, ASEAN and Australia for 13 years – so there is already very extensive integration of economies in the region. We have a great foundation for going forward."
Singh was also optimistic, saying, "It is one of the most comprehensive forward looking, advanced free trade agreements that we have, not only in terms of market coverage, but in terms of the scope of issues it covers."
Two panel discussions followed, diving deeper into how Southeast Asia will benefit from digitized and streamlined financial transactions and the resulting impact on data sharing and regional supply chains and how the agreement will facilitate trade and the growth of start-ups and small and medium-sized enterprises.
Panelists included Li Haitao, Dean's Distinguished Chair Professor of Finance and Associate Dean at CKGSB; Vince Iswara, CEO and Co-Founder, DANA Indonesia, Treasurer at Indonesian Payment System Association (ASPI); Allan Gepty, The Philippines' Assistant Secretary for Industry Development and Trade Policy, Department of Trade and Industry; Hanim Hamzah Regional, Managing Partner at ZICO Law, Head of the Corporate M&A Practice at Roosdiono & Partners; Raymond Yee Woon Ming, Vice President for Customs and Regulatory Affairs, DHL Express Philippines; David Hardoon, Chief Data and AI Officer at Union Bank of the Philippines, Chief Data Officer at UnionDigital.
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SOURCE Cheung Kong Graduate School of Business (CKGSB) | https://www.kxii.com/prnewswire/2022/06/23/cheung-kong-graduate-school-business-convenes-leaders-asia-pacific-new-frameworks-rceps-critical-role-driving-asian-digital-economy-webinar/ | 2022-06-23T19:11:35Z |
Preclinical data to be presented supports potential of anti-c-kit CAR-T cells as a highly specific and less toxic conditioning regimen for hematopoietic stem cell transplantation
SAN DIEGO, May 2, 2022 /PRNewswire/ -- Poseida Therapeutics, Inc. (Nasdaq: PSTX), a clinical-stage biopharmaceutical company utilizing proprietary genetic engineering platform technologies to create cell and gene therapeutics with the capacity to cure, today announced that preclinical data highlighting the use of anti-c-kit CAR-T cells, P-ckit-ALLO1 as a preconditioning agent to enable hematopoietic stem cell (HSC) transplants, will be presented at the American Society of Gene and Cell Therapy (ASGCT) 25th Annual Meeting, being held in Washington, D.C. and virtually on May 16-19, 2022.
The Company's anti-c-kit CAR-T program leverages its proprietary piggyBac® Gene Delivery System and Cas-CLOVER™ Site-specific Gene Editing System to develop fully allogeneic CAR-T cells targeting human c-kit which is highly expressed on HSCs, as well as on myeloid malignancies such as acute myeloid leukemia (AML), meaning the treatment can be used for either HSC transplant conditioning or as a treatment for AML. In addition to the CAR gene, the piggyBac transposon includes a selection marker for generation of a pure CAR+ product and a proprietary fast-acting safety switch enabling rapid clearance of the reactive CAR-T cells prior to donor HSC transplant.
Presentation details:
Poster Presentation: Anti-c-kit CAR-T Cells Enable HSC Engraftment in a Humanized Model of Stem Cell Transplant Conditioning
Session Title: Cell Therapies II
Session Date/Time: Tuesday, May 17, 2022, 5:30 – 6:30 PM ET
Poster Board Number: Tu-239
Location: Walter E. Washington Convention Center, Hall D
Abstract Number: 734
About Poseida Therapeutics, Inc.
Poseida Therapeutics is a clinical-stage biopharmaceutical company dedicated to utilizing our proprietary genetic engineering platform technologies to create next generation cell and gene therapeutics with the capacity to cure. We have discovered and are developing a broad portfolio of product candidates in a variety of indications based on our core proprietary platforms, including our non-viral piggyBac® DNA Delivery System, Cas-CLOVER™ Site-specific Gene Editing System and nanoparticle- and AAV-based gene delivery technologies. Our core platform technologies have utility, either alone or in combination, across many cell and gene therapeutic modalities and enable us to engineer our portfolio of product candidates that are designed to overcome the primary limitations of current generation cell and gene therapeutics. To learn more, visit www.poseida.com and connect with us on Twitter and LinkedIn.
Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, the potential benefits of Poseida's technology platforms and product candidates, Poseida's plans and strategy with respect to developing its technologies and product candidates, and anticipated timelines and milestones with respect to Poseida's development programs and manufacturing activities. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Poseida's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with development and regulatory approval of novel product candidates in the biopharmaceutical industry and the other risks described in Poseida's filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. Poseida undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
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SOURCE Poseida Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/05/02/poseida-therapeutics-present-american-society-gene-cell-therapy-25th-annual-meeting/ | 2022-05-03T01:24:14Z |
Eligible cardholders can enjoy no delivery fee from hundreds of thousands of restaurants across the country
CHICAGO and CHARLOTTE, N.C., Aug. 18, 2022 /PRNewswire/ -- Grubhub and Bank of America today announced that eligible Bank of America cardholders can receive Grubhub+ free for one year, providing unlimited $0 delivery fees on orders of $12 or more and exclusive Perks from restaurants on Grubhub.
Starting today, eligible cardholders can activate a one-year, complimentary Grubhub+ membership trial, valued at nearly $120. Grubhub+ members also enjoy a donation match on Grubhub+ orders when they are opted into Grubhub's Donate the Change program, which raised more than $25 million in 2021 alone, benefiting more than 20 charitable organizations.
"We're excited to team up with Bank of America to provide even greater value to their cardholders and introduce them to the Grubhub Marketplace," said Launika Raykar, vice president of loyalty at Grubhub. "This is truly a win-win, with Bank of America now rewarding cardholders with deals and perks from restaurants they will love, and Grubhub tapping into Bank of America's loyal and vast customer base to drive even more orders to restaurant owners and drivers."
Grubhub+ members have placed hundreds of millions of orders on the Grubhub Marketplace to date, driving additional sales to restaurants and bringing more earnings opportunities to our delivery partners.
"Giving our clients Grubhub+ free for a year is just one of the ways we're helping them navigate their finances and make every dollar go farther," said Chris Curtin, social media and rewards executive at Bank of America. "We are always looking for ways to do more for our clients and say 'thank you,' and this partnership will bring that message right to their door."
Bank of America debit, credit and small business cardholders who are not already Grubhub+ members can activate their complimentary Grubhub+ trial by visiting grubhub.com/partner/bofa. Cardholders who are not eligible for the offer can receive $5 off their next three orders of $15 or more. More information about Grubhub+ is available at https://www.grubhub.com/plus.
About Grubhub
Grubhub is part of Just Eat Takeaway.com (LSE: JET, AMS: TKWY), and is a leading U.S. food ordering and delivery marketplace. Dedicated to connecting more than 32 million diners with the food they love from their favorite local restaurants, Grubhub elevates food ordering through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. Grubhub features more than 320,000 restaurant partners in over 4,000 U.S. cities.
About Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 55 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, register for email news alerts.
Bank of America clients with a qualifying debit or credit card can take advantage of a year's worth of $0 delivery fees on eligible orders with Grubhub+ by enrolling before 4/20/2023. Benefits last 365 days from enrollment date and subscription will automatically renew at $9.99/mo (or the then-current rate) at the end of the trial period. Offer valid one time only. Offer valid only for eligible Bank of America credit or debit cardholders in the U.S. who do not have an active Grubhub+ membership at the time of sign up. Commercial prepaid cardholders are excluded from the offers. Subject to restaurant and delivery availability in the U.S. only. Offer only valid on purchases made through the Grubhub app or Grubhub.com.
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SOURCE Grubhub Inc. | https://www.wibw.com/prnewswire/2022/08/18/grubhub-bank-america-team-up-offer-grubhub-free-cardholders/ | 2022-08-18T14:07:26Z |
To bring awareness to ocean conservation, the largest boating and fishing retailer will hold beach cleanups during the Long Beach and San Francisco regatta weekends
FORT LAUDERDALE, Fla., June 16, 2022 /PRNewswire/ -- West Marine, America's leading retailer of supplies for the sailing, boating and fishing communities, today announced the second half of the 2022 West Marine US Open Sailing Series in California. As the title sponsor for the second year in a row, the two-part regatta series is a set of six Olympic-Class regattas; the first part of the Series took place in Florida earlier this year (Fort Lauderdale, Miami and Clearwater) and will conclude in California (San Diego, Long Beach and San Francisco) this summer. It serves as the domestic training platform for US Olympic Sailing as the country looks forward to a hometown Los Angeles 2028 Olympic Games and provides annual racing opportunities for prospective Olympic-bound athletes. West Marine is also hosting live and in-person panel discussions with sailing Olympians and Olympic hopefuls at each of the three California marine centers. Kicking off the Olympic Panel series in San Diego will be Paul Cayard, 2004 Olympian and current Executive Director of US Olympic Sailing. To learn more about this event and to sign up, click here.
West Marine will hold beach cleanups on Saturday of the Long Beach and San Francisco regatta weekends as part of its continued commitment to ocean conservation and education. The Long Beach cleanup will take place July 16 from 12-4 p.m. PT at Belmont Pier and San Francisco will be at Crissy Field on August 13.
"As a partner of the sailing community, we love to see the genuine engagement and excitement for the West Marine US Open Sailing Series and for the sport overall," said Eric Kufel, CEO at West Marine. "Looking towards Paris 2024 and LA 2028, the Series is a perfect opportunity for Olympic hopefuls to connect with Olympians, and learn how to hone in on the skills needed to bring home the Gold. We're honored to continue providing the tools, expertise and resources for sailors of all skill levels."
The Series plays a foundational role in the development of America's world-class athletes, from those just beginning their journeys to Olympic Medalists. Over 300 athletes from across the country will compete in the ILCA 4, ILCA 6, ILCA 7, Nacra 15, 29er, I420, I470, Finn and Snipe classes. The regatta dates and locations are below:
- San Diego, June 17-19
- Long Beach, July 15-17
- San Francisco, August 12-14
"Having a partner and title sponsor like West Marine provides our Olympic hopefuls and Olympians the opportunity, resources and support needed to represent the USA on the largest stage," said Cayard. "Having three panel discussions not only helps Olympic hopefuls learn from the best, but also invites new participants into the sport."
For more information about the Series, please visit West Marine, become a fan on Facebook, or follow us on Twitter and Instagram.
About West Marine
Founded in 1968, West Marine is the leading integrated, omni-channel provider of aftermarket products and services to the boating, fishing, sailing, and watersports markets in the U.S. With 236 physical locations across 38 states and Puerto Rico and two eCommerce platforms reaching consumers and professional customers, West Marine is recognized as the leading resource for cruisers, sailors, anglers and water sports enthusiasts. West Marine uses its scale, product breadth, and expert field associates to service all the needs of consumers seeking an exceptional on-water experience.
About US Sailing
The United States Sailing Association (US Sailing), the national governing body for sailing, provides leadership, integrity, and advancement for the sport in the United States. Founded in 1897 and headquartered in Bristol, Rhode Island, US Sailing is a 501(c) (3) non-profit organization. US Sailing offers training and education programs for instructors and race officials, supports a wide range of sailing organizations and communities, issues offshore rating certificates, and provides administration and oversight of competitive sailing across the country, including National Championships and the US Sailing Team. For more information, please visit www.ussailing.org.
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SOURCE West Marine | https://www.mysuncoast.com/prnewswire/2022/06/16/2022-west-marine-us-open-sailing-series-wraps-california-with-over-300-athletes-competing-preparation-paris-2024/ | 2022-06-16T12:41:00Z |
MEDFORD, Ore., June 8, 2022 /PRNewswire/ -- Driveway, LAD's convenient and transparent way for consumers to shop, finance, and sell vehicles online, achieved a monthly volume milestone of 1,050 shop transactions in May. Driveway's monthly shop and sell transactions of 4,300 represents an over 51,000 transaction annual run-rate, considerably ahead of the 40,000 transactions originally targeted for 2022.
Driveway continues to deploy new functionality to innovate and enhance the consumer experience and expand LAD's reach, exceeding two million unique visitors in May.
"We are excited to report that Driveway reached the important 1,000 monthly unit shop milestone significantly faster than other used only e-retailers," said Bryan DeBoer, President and CEO of Lithia & Driveway. "Our Driveway Care Centers are performing exceptionally, and at two million plus visitors, we now have the top of funnel volume to reach our 2023 transaction expectations and are on our pathway to profitability in 2024."
LAD is a growth company focused on profitably consolidating the largest retail sector in North America through providing personal transportation solutions wherever, whenever, and however consumers desire.
Sites
www.lithia.com
www.investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com
Lithia & Driveway on Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ
Lithia & Driveway on Twitter
https://twitter.com/lithiamotors
https://twitter.com/DrivewayHQ
https://twitter.com/GreenCarsHQ
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SOURCE Lithia Motors, Inc. | https://www.kxii.com/prnewswire/2022/06/08/driveway-eclipses-key-monthly-transaction-unique-visitor-milestones/ | 2022-06-08T12:05:09Z |
CEDARHURST, N.Y., May 18, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR, IIPR-PA), if they purchased the Company's securities between May 7, 2020 and April 13, 2022, inclusive (the "Class Period"). Shareholders have until June 24, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nyse-iipr/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.mysuncoast.com/prnewswire/2022/05/19/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-innovative-industrial-properties-inc-iipr-iipr-pa/ | 2022-05-19T03:09:11Z |
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Equum Medical, a fast-growing provider of physician telehealth services, is poised to expand its portfolio of remote clinical care with a new virtual nursing offering and has brought in Blue Cirrus Consulting, the nation's premier telehealth consulting firm, to help design and build it.
"Nursing is in crisis in America today. We have seen the devastating impact of the nursing shortage on quality of care and operating margins at a time of rising patient acuity," said Corey Scurlock, Equum's founder and CEO. "We cannot stand by and watch as the nurse staffing crisis hollows out clinical care in hospitals large and small."
Scurlock cited recent evidence of the stress on nursing. The American Nurses Foundation's recent COVID-19 Two-Year Impact Survey reported that 52% of nurses are leaving or considering leaving their jobs and 89% of them said that their organization is experiencing a staffing shortage. A 2021 study found a 28% spike in the number of central line-associated bloodstream infections and a 17% jump in inpatient falls in the second quarter of 2020 compared to the same period in 2019.
Blue Cirrus has designed telehealth programs for organizations large and small. As a respected thought leader, it educates on and advocates for telehealth across the country. Its staff of advisers, technicians, clinicians and project leaders are the most experienced in telehealth service delivery in the industry.
"We wanted to design a comprehensive program that recognizes the importance of nursing, that tele-RN is not a one-size-fits-all solution but a dynamic solution that supports quality, efficiency, patient flow, and nurse and patient satisfaction," Scurlock said. "We know providers of care across the country are looking to telehealth maturity models as they begin to get a grasp of where they are going post-COVID and so short of RNs, so we want to hit the ground running. For that, we need Blue Cirrus."
Equum brings over 200 years of acute telehealth delivery and implementation experience to the project, as well as clinical resources and workflows. Blue Cirrus brings its implementation and successful partner experience in telehealth to deliver a premium, tested and comprehensive program.
The tele-RN offering will not be a stand-alone product, but instead will build upon the Equum Portfolio of Acute Care Professional Clinical Services to deliver comprehensive virtual care services at a time when health systems are looking to design telehealth maturity models. The initiative encompasses design creation, staff modeling, roles and responsibilities, integrated clinical workflow process flows, performance and outcomes metrics.
"We look forward to our work with Equum. Blue Cirrus is focused on providing proven methodologies and added value to its clients. Developing the virtual nursing program is another way in which we can assist organizations with the real workforce challenges of today," said Michelle Hager, the Managing Partner of Blue Cirrus. "It is exciting to dive into the fast-changing and challenging area of virtual nursing to deliver a premium and comprehensive program to the healthcare industry."
During this years American Telemedicine Association Telehealth Awareness Week Equum Medical, Blue Cirrus and technology partner Caregility will present a collaborative webinar expanding on this thought leadership. Titled "Virtual Nursing and the Digitally Enabled Clinical Workforce of the Future," registrants can learn more through this program on how to successfully design and integrate virtual care across the acute enterprise. Registration for the September 20th session is available here: REGISTER
For more than 10 years, Equum's telehealth-enabled acute care teams have addressed the challenges hospitals and health systems face when trying to fill gaps in coverage. Its flexible, customized approach helps clients improve the lives of on-site clinicians, extends patient care in specialty areas and offers program leadership. Equum enables hospitals and health systems to enhance care and serve more patients, while delivering a positive clinical, operational and financial impact. For more information, visit equummedical.com.
Blue Cirrus is the premier management consulting firm providing skilled advisers, technicians, clinicians and project leaders to develop and deploy virtual health programs. Blue Cirrus has created strategy and business planning, staffing, technology acquisition and initiative implementation throughout the continuum of care. It has worked with large health systems such as Intermountain Healthcare, Prisma Health and Adventist Health, as well as smaller providers, vendors and other organizations. For more go to blue-cirrus.com.
Media contacts:
Equum
Karsten Russell-Wood
karsten.russell-wood@equummedical.com
410-409-7376
Blue Cirrus Consulting
Amanda Powers
Amanda.powers@blue-cirrus.com
800-380-8155 ext 106
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SOURCE Equum Medical | https://www.kxii.com/prnewswire/2022/09/13/equum-medical-blue-cirrus-consulting-jointly-design-implement-national-virtual-nursing-program/ | 2022-09-13T14:10:10Z |
Polish institute classifies cats as alien invasive species
WARSAW, Poland (AP) — A Polish scientific institute has classified domestic cats as an “invasive alien species,” citing the damage they cause to birds and other wildlife.
Some cat lovers have reacted emotionally to this month’s decision and put the key scientist behind it on the defensive.
Wojciech Solarz, a biologist at the state-run Polish Academy of Sciences, wasn’t prepared for the disapproving public response when he entered “Felis catus,” the scientific name for the common house cat, into a national database run by the academy’s Institute of Nature Conservation.
The database already had 1,786 other species listed with no objections, Solarz told The Associated Press on Tuesday. Invasive alien species No. 1,787, however, is a creature so beloved that it often is honored in Poland’s cemeteries reserved for cats and dogs.
Solarz described the growing scientific consensus that domestic cats have a harmful impact on biodiversity given the number of birds and mammals they hunt and kill.
The criteria for including the cat among alien invasive species, “are 100% met by the cat,” he said.
In a television segment aired by independent broadcaster TVN, the biologist faced off last week against a veterinarian who challenged Solarz’s conclusion on the dangers cats pose to wildlife.
Dorota Suminska, the author of a book titled “The Happy Cat,” pointed to other causes of shrinking biodiversity, including a polluted environment and urban building facades that can kill birds in flight.
“Ask if man is on the list of non-invasive alien species,” Suminska said, arguing that cats were unfairly assigned too much blame.
Solarz told the AP that some media reports about the listing created a false impression that the institute was calling for feral and other cats to be euthanized.
Earlier this month, his institute published a post on its website citing the “controversy” and seeking to clarify its position. The institute stressed that it was “opposed to any cruelty towards animals.” It also argued that its classification was in line with European Union guidelines.
As far as categorizing cats as “alien,” the institute noted that “Felis catus” was domesticated probably around 10,000 years ago in the cradle of the great civilizations of the ancient Middle East, making the species alien to Europe from a strictly scientific point of view.
The institute also stressed that all it was recommending was for cat owners to limit the time their pets spend outdoors during bird breeding season.
“I have a dog, but I don’t have anything against cats,” Solarz said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/26/polish-institute-classifies-cats-alien-invasive-species/ | 2022-07-26T16:29:54Z |
Astroworld movie released despite lawyers’ concerns
HOUSTON (AP) — The experiences of panicked concertgoers who couldn’t breathe and had no clear path to escape a massive crowd surge at last year’s deadly Astroworld music festival in Houston are featured in a documentary released Friday.
But lawyers for Live Nation, which is being sued for its role as the festival’s promoter, say they’re concerned that publicity from the documentary, “Concert Crush: The Travis Scott Festival Tragedy,” could “taint the jury pool.” A gag order has been issued in the case, but Live Nation’s lawyers say an attorney who filed lawsuits related to the tragedy also co-produced the documentary. A spokesperson for Scott, who is also being sued, was also critical.
Director Charlie Minn said he believes he has made a balanced and fair film that tries to show the public what happened.
“My job is to make the most truthful, honest, sincere documentary from the victim’s point of view. ... We need to know about these stories to prevent it from happening again,” Minn told The Associated Press.
Around 500 lawsuits have been filed since the Nov. 5 concert headlined by Scott, a popular rapper. Ten people died and hundreds of others were injured during the massive crowd surge.
The documentary, showing in 11 Texas cities including Austin, Dallas and Houston, includes interviews with several people who survived. It also features cellphone video from concertgoers in which people can be heard repeatedly screaming for help.
“It’s hard to explain to friends and family what we saw and what we actually went through and I think (the documentary) will give a lot of people the opportunity, if you weren’t there, to understand,” said Frank Alvarez, who attended the concert but does not appear in the film.
The film highlights what concertgoers experienced and what led to the tragedy, said Minn, who has also made documentaries about the deadly 2018 shooting at a suburban Houston high school and violence along the U.S.-Mexico border.
The film suggests Scott could have done more to prevent the conditions that led to the casualties, but Minn said it isn’t a “hit piece toward Travis Scott.” He said it also questions whether others, including Live Nation and Houston police, could have done more to improve safety or respond more quickly. Minn said Scott, Live Nation and Houston police declined to be interviewed for the documentary. Houston police are investigating the disaster.
In a report released in April, a task force created by Texas Gov. Greg Abbott uncovered problems with permits for such events and called for “clearly outlined triggers” for stopping such a show.
Attorneys for Live Nation expressed their concerns in an April letter to state District Judge Kristen Hawkins, who is handling all pretrial matters in the lawsuits.
“The involvement of plaintiffs’ lawyers in the film, and the publicity the filmmakers and producers are trying to generate for it raise significant issues about efforts to taint the jury pool,” Neal Manne and Kevin Yankowsky, two of Live Nation’s attorneys, wrote in the letter.
But the attorneys have not asked Hawkins to take any specific action regarding the documentary.
Manne and Yankowsky did not respond to emails seeking comment. Live Nation has said it’s “heartbroken” by what happened but has denied responsibility.
In a statement, a spokesperson for Scott faulted the documentary’s conclusions “that falsely blame Mr. Scott for the heartbreaking tragedy that occurred.” The statement also criticized the involvement in the film of attorneys who have filed lawsuits over the disaster and said the film’s goal was “swaying future juries and public opinion.” The spokesperson did not know if Scott has seen the documentary.
“Mr. Scott remains focused on his philanthropic work in his hometown of Houston and in lower-income communities of color across the country, both of which are long-standing efforts,” the spokesperson said in a statement.
Cassandra Burke Robertson, a law professor at Case Western Reserve University in Cleveland, said she would be shocked if the judge took any action regarding the documentary because of First Amendment concerns, even with the gag order.
“I think the public interest here in exploring what happened and avoiding similar tragedies in the future, that’s a really big interest. That is likely to outweigh the interests of the particular outcome of the particular lawsuit,” Robertson said.
Brent Coon, an attorney representing about 1,500 concertgoers who was interviewed in the documentary, said he doesn’t think the film would impact the ability to choose an impartial jury if the case goes to trial, which could be years away.
“I don’t think any lawyer in this case could fan the flames much to change ... what the public’s perception of all this is going to be,” Coon said.
Robertson, who is not involved in the litigation, said the fact that one of the film’s co-producers, Rick Ramos, is representing concertgoers who have filed lawsuits could raise some ethical concerns.
Ramos declined to comment Thursday. Andrea Gomez, a spokeswoman for Ramos, said in an email Friday evening that any profit from the documentary will go to the Texas chapter of the National Alliance on Mental Illness, a mental health organization that helped people impacted by the concert.
“I personally would not co-sponsor something like that during pending civil litigation. I don’t think there’s anything wrong with it. It’s just something I wouldn’t do,” Coon said.
Minn said the questions about Ramos’ participation are valid but he never hid his involvement.
“People have to watch the film and judge it for what that is,” Minn said.
___
Follow Juan A. Lozano on Twitter: https://twitter.com/juanlozano70
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/29/astroworld-movie-set-release-despite-lawyers-concerns/ | 2022-04-30T16:39:42Z |
NEW YORK, April 13, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lucid Group, Inc..
Shareholders who purchased shares of LCID during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Lucid common stock between November 15, 2021, and February 28, 2022, inclusive.
ALLEGATIONS: The filed complaint alleges that defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Lucid's business and operations. Specifically, the Company overstated its production capabilities while concealing that "extraordinary supply chain and logistics challenges" were hampering Lucid's operations. As a result of the defendants' wrongful acts and omissions, and the significant decline in the market value of Lucid's common stock, Lucid investors have suffered significant damages.
DEADLINE: May 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/lucid-group-inc-loss-submission-form/?id=25861&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LCID during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 31, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/04/13/shareholder-alert-gross-law-firm-notifies-shareholders-lucid-group-inc-class-action-lawsuit-lead-plaintiff-deadline-may-31-2022-nasdaq-lcid/ | 2022-04-13T10:56:55Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Upstart, Inc. (NASDAQ: UPST).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/upstart-inc-loss-submission-form/?id=28321&from=4
The lawsuit seeks to recover losses for shareholders who purchased Upstart between March 18, 2021 and May 9, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 12, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Upstart, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Upstart's AI model could not adequately account for macroeconomic factors such as interest rates that impact the market-clearing price for loans; (2) as a result, Upstart was experiencing a negative impact on its conversion rate; (3) as a result, the Company was reasonably likely to use its balance sheet to fund loans; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/06/10/upst-shareholder-alert-jakubowitz-law-reminds-upstart-shareholders-lead-plaintiff-deadline-july-12-2022/ | 2022-06-10T11:11:19Z |
Woman now safe in Sarasota after escaping war in Ukraine
SARASOTA, Fla. (WWSB) - It’s been a long journey for Karolina Harnytska. She just arrrived to Sarasota from Ukraine on Friday. Harnytska is now staying with her sister, brother-in-law and young nephew. She describes what it’s been like living in Ukraine.
“When it all started I heard the bombing, and I was sleeping with my clothes on,” said Harnytska. “As soon as I heard the shelling, I would go and hide in the basement.”
This journey has taken Harnytska from Kyiv to Poland to Paris, through Mexico, and eventually the United States. She says she has witnessed the horrors of war firsthand.
“On my way from my house to the train station, I saw many burned cars and many ruined buildings,” said Harnytska.
Alina Kovalyk says she is so grateful to have her sister in Sarasota safe and sound.
“I’m so happy that she’s finally safe with me because it’s hard to live a normal life here when you know that you’re family is in danger,” said Kovalyk. “Now that she has come to me, I’m so happy.”
Most of their family is still in Ukraine and they are safe. There’s hope the rest of the family members can make it here too. Harnytska came here with just a small bag and some belongings. She says she plans on going back to Ukraine when the war is over.
“It was very hard to leave my home, my friends, my job and going to a different country,” said Harnytska. “But I feel safe here, I feel happy reunited with my sister and the family.”
For more information on how you can help Karolina Harnytska and her family you can go to this link https://www.paypal.com/pools/c/8IOUPTgryz.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/12/woman-now-safe-sarasota-after-escaping-war-ukraine/ | 2022-04-12T03:02:36Z |
LOS ANGELES, July 14, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Digital Turbine, Inc. ("Digital Turbine" or the "Company") (NASDAQ: APPS).
Class Period: August 9, 2021 – May 17, 2022
Lead Plaintiff Deadline: August 5, 2022
If you wish to serve as lead plaintiff of the Digital Turbine lawsuit, you can submit your contact information at www.glancylaw.com/cases/digital-turbine-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the Company's recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) that, as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) that the Company's internal control over financial reporting as to revenue recognition was deficient; and (4) that, as a result of the foregoing, the Company's net revenues was overstated throughout fiscal 2022; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Follow us for updates on LinkedIn, Twitter, or Facebook.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Glancy Prongay & Murray LLP | https://www.wibw.com/prnewswire/2022/07/14/apps-investors-have-opportunity-lead-digital-turbine-inc-securities-fraud-lawsuit/ | 2022-07-14T17:37:08Z |
CHICAGO, June 30, 2022 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today that it has amended its existing asset-based revolving credit facility (as amended, the "Amended Credit Facility") to, among other things, increase the aggregate commitments to $1.3 billion from $1.0 billion and extend the maturity from November 2025 to June 2027. The Company expects to continue to use the facility for general purposes in the ordinary course of business. The Amended Credit Facility is secured by the inventory and accounts receivable of the Company's U.S. and Canadian operating subsidiaries.
Under the Amended Credit Facility, Ryerson will receive pricing benefits if certain financial metrics are achieved. As a result of the refinancing, Ryerson will be able to lower its borrowing costs and significantly increase available liquidity. The Amended Credit Facility was converted from a LIBOR to SOFR base rate with margins eligible to be 12.5 bps lower than the existing rates if certain financial metrics are achieved.
"The revolving credit facility upsize and extension is another important step in transforming and fortifying our balance sheet, allowing Ryerson to leverage its strong "through-the-cycle" operating model and positions us for a successful exit from the high-yield borrower market in July while providing increased optionality as industry conditions remain in flux," stated Jim Claussen, Ryerson's Chief Financial Officer.
Bank of America, N.A. is the Administrative Agent and Collateral Agent and BofA Securities, Inc., JPMorgan Chase Bank, N.A. and Wells Fargo Bank, National Association are Joint Lead Arrangers and Joint Bookrunners.
Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Founded in 1842, Ryerson has around 4,000 employees in approximately 100 locations. Visit Ryerson at www.ryerson.com.
Certain statements made in this presentation and other written or oral statements made by or on behalf of the Company constitute "forward-looking statements" within the meaning of the federal securities laws, including statements regarding our future performance, as well as management's expectations, beliefs, intentions, plans, estimates, objectives, or projections relating to the future. Such statements can be identified by the use of forward-looking terminology such as "objectives," "goals," "preliminary," "range," "believes," "expects," "may," "estimates," "will," "should," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. The Company cautions that any such forward-looking statements are not guarantees of future performance and may involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of various factors. Among the factors that significantly impact our business are: the cyclicality of our business; the highly competitive, volatile, and fragmented metals industry in which we operate; fluctuating metal prices; our substantial indebtedness and the covenants in instruments governing such indebtedness; the integration of acquired operations; regulatory and other operational risks associated with our operations located inside and outside of the United States; impacts and implications of adverse health events, including the COVID-19 pandemic; work stoppages; obligations under certain employee retirement benefit plans; the ownership of a majority of our equity securities by a single investor group; currency fluctuations; and consolidation in the metals industry. Forward-looking statements should, therefore, be considered in light of various factors, including those set forth above and those set forth under "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2021, our quarterly report on Form 10-Q for the quarter ended March 31, 2022, and in our other filings with the Securities and Exchange Commission. Moreover, we caution against placing undue reliance on these statements, which speak only as of the date they were made. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events or circumstances, new information or otherwise.
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SOURCE Ryerson Holding Corporation | https://www.wibw.com/prnewswire/2022/06/30/ryerson-announces-increase-revolving-credit-facility-aggregate-commitments-extension/ | 2022-06-30T21:44:51Z |
CHARLOTTE, N.C., April 7, 2022 /PRNewswire/ -- TUSK Partners ("TUSK"), the premier dental-focused M&A Advisor, advised Endodontic Associates in their sale to Endo1 Partners, a portfolio company of VSS. The transaction was led by Ryan Mingus, Managing Director of M&A at TUSK Partners. Alex Cherniavsky and George May spearheaded the diligence and analytics efforts for TUSK.
Founded in 1960, Endodontic Associates is the leading Endodontic group in Southeast Michigan. With 9 clinic locations, they employ nearly 30-percent of all endodontists in Southeast Michigan. Under the leadership of doctors Jerry Dietz and Craig Duhaime, Endodontic Associates has maintained a first-class organization that has been fully committed to its team, staff, community, and patients for over 60 years.
Dr. Craig Duhaime, Managing Partner Doctor of Endodontic Associates added, "TUSK was extremely thorough in finding the right partner for our practice. Their search included large to midsize specialty DSOs and multi-specialty DSOs to ensure that we explored the entire marketplace for potential partnership. With our practice having 19 Drs. and nine offices, it was crucial that we executed on finding the right strategic partner for every aspect of our business."
Dr. Mark Robinson, Partner Doctor of Endodontic Associates, commented, "My partners and I shopped for practice advisors to represent our business, and after several interviews, going with TUSK was a no-brainer. Their team's commitment to our business, ability to simplify the complex, and overall professionalism was a tremendous resource for us. I couldn't be more pleased with our new partnership and ability to execute on future growth acquisitions."
Ryan Mingus, Managing Director, Mergers & Acquisitions at TUSK, commented. "We could not be happier with the new partnership between Endo Associates and Endo1 Partners. Endodontic Associates has been the industry standard for over 60 years, and the company's growth only further validates the strength and special care it brings to its patient base." Ryan continues, "The Partnership with Endo1, the largest EPO in North America, will offer Endo Associates substantial new resources and opportunities as the company continues to grow. I look forward to the future growth of our client's business alongside their new partner."
Matthew Haddad, Co-CEO of Endo1 added, "We couldn't be more excited for our new partnership with Endodontic Associates. The partners and leadership team have built an incredible group that resembles our core values, and value proposition. We look forward to providing the necessary resources to further enhance Endodontic Associates growth strategy."
About Endodontic Associates:
Endodontic Associates' objective is to provide the highest quality of endodontic services, promptly, efficiently, and consistent with the highest standards of professional and ethical conduct. They offer expertise in all areas of endodontics including conventional root canal treatment, retreatment, routine and complicated surgery and differential diagnosis pain. For more information, visit https://www.endodonticassoc.com.
About Endo1 Partners:
Endo1 Partners is a network of like-minded Endodontic specialists working together to maximize the patient experience. Endo1 Partners is the original EPO. We were the first to provide back-office and practice management support to help partners focus on providing quality patient care. Their goal is to support you and help you run your practice in the most productive, advantageous way. For more information, visit https://endo1partners.com
About TUSK Partners:
TUSK Partners ("TUSK") provides M&A Advisory services in the dental industry. TUSK has completed over $650M of transactions across all specialties. With an in-depth understanding of the marketplace and access to 100's of buyers nationwide, we help our clients confidently pursue M&A transactions that maximize their long-term value. With our significant collective experience of over 40+ years of dental practice transactions, we offer our clients solutions that help them achieve their strategic and financial objectives. For more information, visit https://tusk-partners.com.
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SOURCE TUSK Partners | https://www.wibw.com/prnewswire/2022/04/07/tusk-partners-advises-endodontic-associates-its-partnership-with-endo1-partners-portfolio-company-vss/ | 2022-04-07T16:15:31Z |
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tuya investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons or entities who purchased Tuya American Depositary Shares in or traceable to the Company's March 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
TUYA 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: (a) a material portion of Tuya's China-based customers were engaged in the widespread and systematic manipulation of reviews and product offerings in violation of Amazon.com's terms of use; (b) prior to the initial public offering, a consumer investigation and data breach had exposed an illicit fake review scheme being perpetrated by many of Tuya's clients, among others, which included, inter alia, the exposure of 13 million records of organized fake review scams linked to over 200,000 Amazon account profiles; (c) as a result of (a) and (b) above, there was a substantial risk that a material portion of Tuya's significant customers would be barred from using Amazon.com's platform, negatively impacting Tuya's business, revenue, earnings, and prospects; and (d) as a result of (a)-(c) above, the registration statement's representations regarding Tuya's historical financial and operational metrics and purported market opportunities and expected growth did not accurately reflect the actual business, operations, financial results, and trajectory of the Company at the time of the initial public offering, and such statements were materially false and misleading and lacked a reasonable factual basis.
WHAT'S NEXT? If you suffered a loss in Tuya during the relevant time frame, you have until October 11, 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/2022/09/01/tuya-lawsuit-alert-levi-amp-korsinsky-notifies-tuya-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-09-01T12:42:42Z |
NEW DELHI, Sept. 13, 2022 /PRNewswire/ -- On September 12, the IDF World Dairy Summit 2022 was convened in New Delhi, India. Zhang Jianqiu, CEO of Yili Group, delivered a virtual speech at the World Dairy Leaders' Forum and attended the "Dairy in the Next 25 Years" panel discussion.
Representing the industry's most prestigious honor, the IDF Dairy Innovation Awards are presented simultaneously with the Summit. Among 144 entries, Yili was the only dairy producer in the world to receive two innovation awards. The Yili Food Safety Risk Analysis Model received the innovation award for food safety and Yili Drinkable Cheese received the innovation award for new product development. Yili's low-temperature sterilization and concentration technology and Yili Cute Star precision nutrition formula innovation were also included as finalists for the awards of "Innovation in Sustainable Processing" and "Innovation in Research & Development – Consumer Nutrition", respectively.
In his speech themed "Ushering in Green Growth and Moving Towards a Net-Zero Carbon Future", Zhang Jianqiu said, "To contribute to a net-zero carbon future, the dairy industry should develop net-zero carbon products and build a net-zero carbon supply chain by following a green growth path and embracing digital transformation. Sustainable development of the global dairy industry will add new momentum to the global economy."
Innovation with a consumer-centered philosophy
Commenting on Yili's accomplishment, Song Kungang, Honorary Chairman of the IDF China National Committee, said that the key lies in Yili's consumer-oriented approach, leveraging the strengths of its whole supply chain and promoting industry development as a dairy leader.
The Yili Food Safety Risk Analysis Model pioneers the application of three core technologies, namely early identification of food safety risks, three-graded food safety risk monitoring, and tiered quality control, to ensure the whole-lifecycle safety of products. The model has been operating for six years at Yili, facilitating the company to meet the world-class standard in quality management.
Yili Drinkable Cheese, inspired by infants' breastfeeding habits, has changed the game of "eating cheese". By applying innovative formula and processing techniques, Yili transformed the nutritious cheese into a liquid state. This breakthrough in dairy innovation improved children's cheese consumption experience, and the product won over millions of consumers in the first year of launch.
In addition, Yili's low-temperature sterilization and concentration technology, a finalist for this year's awards, can effectively reduce the loss of nutritional elements, costs, and waste of raw materials. Another finalist, Cute Star, rich in trace elements, not only meets consumers' diversified needs but also alleviates the problem of "hidden hunger" caused by calcium deficiency.
Sustainable dairy
At the panel session, Zhang Jianqiu said that the dairy industry will be healthier, greener, and more innovative in the future. Ultimately, as a nature-based, health-oriented, people-centered industry, it must take up more social responsibilities and build a green-development business model to contribute more to humanity's sustainability.
To date, Yili has taken net-zero actions such as conducting carbon inventory assessments for 12 consecutive years, launching a series of net-zero carbon products and building intelligent pastures and net-zero carbon factories by leveraging digital technologies. The company also released its net-zero carbon roadmap and initiated the Net-Zero Carbon Alliance among global partners. Integrating industrial and urban functions, the Yili Modern Intelligent Health Valley has also been recognized as China's first net-zero carbon demonstration area.
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SOURCE Yili Group | https://www.kxii.com/prnewswire/2022/09/13/yili-scoops-two-idf-dairy-innovation-awards-biggest-winner-among-dairy-producers/ | 2022-09-13T14:17:40Z |
South Manhattan Avenue to close for construction
All traffic from Fort Riley Blvd. to Wildcat Creek to close for about 60 days
TOPEKA, Kan. (WIBW) - Beginning July 5, South Manhattan Avenue will be closed to all traffic from Fort Riley Boulevard to Wildcat Creek to allow the city to begin work on the levee crossing in the area, according to the City of Manhattan. Through traffic will be detoured along Fort Riley Boulevard to South Rosencutter Road and Moehlman Road.
The City said the construction will aim to relocate utilities and improve the stability of the levee system to provide better protection during floods. Work on the levee system has already begun and is proceeding according to schedule. The city expects the area to reopen in early September.
Questions regarding the Manhattan levee project and road closures can be addressed to Bill Heatherman, Stormwater Compliance Engineer, at bill.heatherman@cityofmhk.com
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/21/south-manhattan-avenue-close-construction/ | 2022-06-21T20:48:07Z |
IRVING, Texas, July 26, 2022 /PRNewswire/ -- To keep fans feeling hot and staying cool this Brainfreeze Season™, 7-Eleven, Inc. is releasing unexpected and exclusive collaborations with fan-favorite snack and beverage brands to take wardrobes to an ELEVEN. Customers who purchase participating products at 7Eleven®, Speedway® or Stripes® stores can win bespoke apparel and accessories inspired by the snacks they know and love.
Looking for a sole mate? Sneakerheads are in for a treat because a few lucky customers will win a custom pair of sweet (and unique!) kicks, including:
- Slurpee® x What the Fanta: Designed by Jake Danklefs of Dank & Co., these sneakers are adorned with Slurpee drink branding and shapes that mimic splashes of water.
- 7-Eleven x Dunkaroos™: Nostalgic for the 90's? These kicks, designed by creative agency partner Select and hand-painted by Tyler Wallach, feature Fred – the mascot for the brand's iconic frozen beverage, surrounded by confetti-like patterns.
- Shoe Surgeon x Reese's: These shoes are as irresistible as the candy itself – featuring orange-colored mesh panels, chocolate-hued sides, and a peanut butter-toned ankle panel with a buttoned pocket.
Care more about the 'fit? Customers also have the chance to win a break dancing-inspired Red Bull BC One capsule featuring Fred, complete with a hoodie, drawstring backpack, and hat to encourage fans to dance their way through summer. Or, add some spice with the Flamin' Hot x Braille collection, featuring a crewneck sweatshirt, hat, skateboard and shoes with flame-printed shoelaces.
"Brainfreeze Season is a time for us to help our customers quench their thirst for Slurpee drinks…music…and, of course, fashion," said Marissa Jarratt, 7-Eleven Executive Vice President and Chief Marketing Officer. "We know our customers are always on the cutting edge of culture and style, and are looking for ways to get even closer to the brands they love – so what better way to reward our loyal fans than with these one-of-a-kind designs?"
For a chance to win, 7‑Eleven, Speedway or Stripes customers must purchase select items through the 7Rewards® and Speedy Rewards® loyalty programs or via 7NOW® delivery. Participating products include Big Gulp® fountain beverages, Slurpee drinks, Red Bull, Fanta, Reese's, Dunkaroos, all Doritos, Ruffles and Cheetos varieties, and more. Better yet, when customers purchase the product featured on their 7-Eleven and Speedway app each week, they earn double entries for double the chance to win*.
For more details on how fashionistas can land the season's hottest looks, visit 7-Eleven.com/Catch-The-Collab or download the 7-Eleven and Speedway apps from the App Store or Google Play, or by visiting 7Rewards.com or SpeedyRewards.com.
*NO PURCHASE NECESSARY TO ENTER OR WIN. Begins 5/25/22 at 12:00:01am CT & ends 9/6/22 at 11:00:00 pm CT. Open to legal US residents physically residing in the 50 United States or DC who are 13+ years old (minors must have parental consent to participate). Odds of winning depend on # of eligible entries. Sponsor: 7-Eleven, Inc. For full rules, free and other methods of entry, full prize details, and restrictions, see Official Rules at https://bit.ly/SZN-22.
About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name in the convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada. In addition to 7-Eleven® stores, 7-Eleven, Inc. operates and franchises Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations. Known for its iconic brands such as Slurpee®, Big Bite® and Big Gulp®, 7-Eleven has expanded into high-quality sandwiches, salads, side dishes, cut fruit and protein boxes, as well as pizza, chicken wings and mini beef tacos. 7-Eleven offers customers industry-leading private brand products under the 7-Select™ brand including healthy options, decadent treats and everyday favorites at an outstanding value. Customers can earn and redeem points on various items in stores nationwide through its 7Rewards® loyalty program with more than 50 million members, place an order in the 7NOW® delivery app in over 2,000 cities, or rely on 7-Eleven for bill payment service, self-service lockers and other convenient services. Find out more online at www.7-Eleven.com.
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SOURCE 7-Eleven, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/26/7-eleven-continues-brainfreeze-season-with-snack-inspired-fashion-collabs/ | 2022-07-26T11:47:53Z |
Basketball Hall of Fame coach C. Vivian Stringer has announced her retirement
By Wayne Sterling and Alaa Elassar, CNN
Basketball Hall of Famer C. Vivian Stringer is retiring after 50 years as a women’s college head coach.
The Rutgers Scarlet Knights coach, who led Cheyney State, Iowa, and Rutgers to 1,055 wins, four Final Fours and 28 NCAA Tournament appearances, announced her retirement on Saturday.
“My life has been defined by coaching and I’ve been on this journey for over five decades,” Stringer said in a press release. “It is rare that someone gets to do what they love for this long and I have been fortunate to do that. I love Rutgers University for the incredible opportunity they offered me and the tremendous victories we achieved together.”
She is the first coach (men’s or women’s) to lead three different schools to the Final Four (Cheyney 1982, Iowa 1993, and Rutgers 2000, 2007) and is the first Black Division I coach (men’s or women’s) to reach the 1000-win milestone.
“This was the hardest decision of my life, but I thank God he has allowed me to do the thing I love most,” Stringer said. “I am ready to start my new journey and spending more time with my family, children, and grandchildren. I am truly blessed to have had so many wonderful people in my life.”
The 74-year-old did not coach Rutgers during the 2021-22 season due to Covid-19 concerns.
Rutgers announced that all basketball games at Jersey Mike’s Arena will be played on C. Vivian Stringer Court. The school will also have a dedication ceremony next season.
“Coach Stringer’s impact has been felt across our campuses, around the state and throughout the nation,” Rutgers President Jonathan Holloway said in a statement. “She is an icon whose accomplishments on and off the court are as remarkable as they are inspiring. Naming the court at one of the most notable venues in college basketball after her is a fitting and indelible tribute to one of the greatest coaches of all time.”
In 2009, Stringer was inducted into the Naismith Basketball Hall of Fame. Eight years earlier, she was enshrined in the Women’s Basketball Hall of Fame.
Her retirement will be effective on September 1, according to Rutgers, adding that the search for the next head women’s basketball coach will start immediately.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/sports/cnn-sports/2022/04/30/basketball-hall-of-fame-coach-c-vivian-stringer-has-announced-her-retirement/ | 2022-04-30T22:52:43Z |
DUBLIN, July 14, 2022 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced that the Board of Directors has declared a quarterly cash dividend of $0.56 per share on outstanding Class A Ordinary Shares. The dividend is payable August 12, 2022 to shareholders of record on August 1, 2022.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.
Follow Aon on Twitter and LinkedIn. Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here.
Investor Contact
Investor Relations
investor.relations@aon.com
+1 312 381 3310
Media Contact
Nadine Youssef
mediainquiries@aon.com
+1 312 381 3024
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SOURCE Aon plc | https://www.wibw.com/prnewswire/2022/07/14/aon-declares-quarterly-cash-dividend/ | 2022-07-14T20:39:28Z |
NEW YORK, May 17, 2022 /PRNewswire/ -- Atlantic Street Capital ("Atlantic Street" or "ASC"), a private equity firm that invests in lower middle market companies to unlock equity value through an operationally intensive investment approach, today announced an agreement to increase its investment in its portfolio company, Zips Car Wash ("Zips"). The transaction allows ASC to acquire equity from founding shareholders and build upon an operating strategy that has already driven considerable growth. The transaction is expected to be completed in the second quarter.
Zips is a leading national car wash operator with over 200 locations under a single-brand concept. Atlantic Street Capital Fund IV ("ASC IV") initially invested in Zips in May 2020 and follow-on to this investment, successful organic and inorganic initiatives have increased EBITDA more than six-fold and grown total sites from 185 to 235 locations currently.
During ASC's initial hold, Zips has developed into a top brand with advanced car wash technology and improved customer service. ASC installed a proven management team with a passion for driving growth, brand development and customer experience. Through development of its subscription-based models, Zips Unlimited Wash Club memberships today represent a majority of revenue and contribute to strong revenue stability. "We approach all of our investments as essential service providers," said ASC Managing Partner, Andy Wilkins, "helping professionalize companies, driving organic growth, and building them into industry leaders. Zips is a powerful example of how the combined resources of Atlantic Street's investment team and 30-strong dedicated operating advisor team gives us a sustainable advantage in driving remarkable success – in this case outpacing our underwriting case in just two years."
ASC rolled and increased its GP commitment to Zips and partnered with lead investor, ICG, along with ASC IV rolling LPs, management, and minority owners for the acquisition. The transaction allows ASC to continue executing the company's core growth plan, build upon its organic growth initiatives and accelerate its acquisition strategy to be consolidator of choice in a large, highly fragmented market. Whit Williams, ASC Managing Partner, commented, "The increase in Zips' enterprise value has predominately been a result of operational improvements driving significant organic growth at the company. We still have a long runway for those initiatives to affect even stronger results, and to use our scale and operational capabilities to substantially grow site count in a large, fragmented market. We're excited to partner with our investors, as well as increase the GP's investment in Zips to capitalize on this opportunity."
About Zips Car Wash
Zips, headquartered in Plano, Texas, is the largest privately held car wash operator nationwide. Zips is among the fastest growing express car wash chains in the country, operating 235 locations across 22 states. With over 17 years of car washing experience, Zips has invested in industry leading technology, creative hiring and training methods, local partnerships, and a laser-focus on customer care as driving forces behind Zips growing business model. Zips Car Wash is about much more than getting cars clean. Our #1 purpose is to make people happy, from our community outreach efforts and fundraising programs to our focus on employees. Zips strives for a great, clean, and fun customer experience. To learn more visit: www.zipscarwash.com.
About ICG
ICG provides flexible capital solutions to help companies develop and grow. We are a leading global alternative asset manager with over 30 years' history, managing $71bn of assets and investing across the capital structure. We operate across four asset classes: Structured and Private Equity, Private Debt, Real Assets, and Credit. We develop long-term relationships with our business partners to deliver value for shareholders, clients and employees, and use our position of influence to benefit the environment and society. We are committed to being a net zero asset manager across our operations and relevant investments by 2040. ICG is listed on the London Stock Exchange (ticker symbol: ICP). Further details are available at www.icgam.com. You can follow ICG on LinkedIn and Twitter.
About Atlantic Street Capital
ASC is a private equity firm that invests in lower middle market companies poised for the next level of growth. The firm targets entrepreneurial management partners and fundamentally sound companies between $4 million and $25 million of EBITDA that will benefit from capital investment and ASC's value-added strategic and operational support. As a result, ASC works closely with management to unlock their business' underlying value and help them succeed. For more information, visit www.atlanticstreetcapital.com.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
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SOURCE Atlantic Street Capital | https://www.wibw.com/prnewswire/2022/05/17/zips-car-wash-continue-growth-momentum-with-additional-investment-atlantic-street-capital/ | 2022-05-17T12:09:42Z |
Recent Business Highlights
- Achieved the significant milestone of producing our first domestic fuel cell stack and system, ahead of schedule, utilizing our proprietary in-house membrane electrode assembly ("MEA") production line
- Signed definitive agreement to increase ownership in Hyzon Motors Europe B.V. from 50.5% to 75%
- Entered into a vehicle supply agreement with Hylane for 5 additional Hyzon fuel cell trucks, bringing total Hylane agreements to 23 trucks
- Significant progress in UN Demonstration City, Foshan China; won a public procurement bid for up to $8 million to supply municipal trucks to Hanjie Urban Environmental Management Co., Ltd in addition to the previously announced 8 Hyzon trucks for trial under the Foshan Dump Truck Association MoU
- Recorded first sales of fuel cells to customers validating applications outside of vehicles, one of which went to ZeroAvia
- Appointed Samuel Chong Chief Financial Officer with Mark Gordon transitioned to a Senior Advisor role
ROCHESTER, N.Y., May 6, 2022 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or the "Company"), a leading global supplier of zero-emission fuel cell electric heavy-duty vehicles, today announced first quarter 2022 financial and operational results.
"We celebrated the significant achievement of building our first American-made heavy truck fuel cells for validation and testing. This milestone is the realization of our vision for Hyzon, which showcases our proprietary intellectual property and manufacturing capabilities. We are leading the way to replace diesel engines in the commercial transport sector while unlocking other opportunities in hydrogen ecosystems and global decarbonization. In addition, we delivered fuel cell systems to ZeroAvia for aviation and another confidential customer, both which expands the total addressable market for our core fuel cell technology," said Hyzon Chief Executive Officer Craig Knight.
"In the first quarter, Hyzon commenced the first North American trial of our heavy-duty fuel cell truck with Total Transportation Services Inc. ("TTSI") for daily drayage operations at the Port of Long Beach. To further our progress in North America, we plan to unveil our customer-led solution to mitigate supply chain constraints and decarbonize fleets faster at the Advanced Clean Technology Expo in Long Beach, CA next week. Additionally, we have identified multiple sites in California for hydrogen production hubs which are tied to trial-led customer demand, and we are shaping dispensing solutions with our partners for near-term customer needs," continued Mr. Knight.
Regarding the definitive agreement to increase Hyzon's stake in Hyzon Motors Europe B.V. from 50.5% to 75% ownership, Hyzon Chief Financial Officer Samuel Chong stated, "This is a significant strategic accomplishment to enhance the long-term value of our company. Our focus and commitment to Europe is evident and we are excited to meet the burgeoning demand for zero emission vehicles as investments in hydrogen infrastructure accelerate."
Overall, Mr. Knight concluded, "Hyzon is uniquely positioned to capture the significant momentum in decarbonization mandates in Asia, Europe, Australia and North America."
First Quarter 2022 Financial and Operational Results
For the first quarter ended March 31, 2022, the Company reported revenue of $0.4 million, total operating expenses of $27.1 million and net loss attributable to Hyzon of $8.5 million, resulting in basic and diluted loss per share of $0.03. Net loss included non-cash gains from a change in fair value of an earnout liability of $3.3 million and private placement warrant liability of $1.5 million. In addition, we recognized a non-cash gain of $12.5 million due to a fair value change in equity securities related to our Raven investment. First quarter operating expenses were comprised of $6.2 million in research and development and $20.5 million in selling, general, and administrative expenses. For the prior year first quarter ended March 31, 2021, the Company reported a net loss attributable to Hyzon of $8.1 million, resulting in basic and diluted loss per share of $0.05.
As of March 31, 2022, the Company had $407.3 million in cash and had approximately 247.9 million shares of Class A common stock outstanding.
Non-GAAP Financial Measures
The Company reported EBITDA of $(9.6) million for the three months ended March 31, 2022. The Company reported Adjusted EBITDA of $(22.0) million for the three months ended March 31, 2022. For the three months ended March 31, 2022, Adjusted EBITDA adjustments are primarily driven by (a) non-cash items from change in fair value of earnout liability of $(3.3) million, private placement warrant liability of $(1.5) million, and equity securities of $(12.5) million for a total of $(17.3) million; (b) stock-based compensation of $2.1 million and (c) regulatory and legal expense of $2.7 million. These non-GAAP financial measures have been reconciled to the nearest GAAP measure in the tables under "Non-GAAP Financial Measures" within this press release.
Conference Call Information
The Hyzon management team will host a conference call to discuss its first quarter 2022 financial and operational results on Friday, May 6, 2022, at 8:30 a.m. Eastern Time. The call can be accessed via a live webcast accessible on the Events & Presentations page in the Investor Relations section of Hyzon's website at www.hyzonmotors.com. An archive of the webcast will be available for a period of time shortly after the call on the Investor Relations section of Hyzon's website as well.
About Hyzon Motors Inc.
Hyzon is a global leader in fuel cell electric mobility, with US operations in the Rochester, Chicago and Detroit areas, and international operations in the Netherlands, China, Singapore, Australia, and Germany. Hyzon is an energy transition accelerator and technology innovator, providing end-to-end solutions primarily for the commercial mobility sector with a focus on the commercial vehicle market and hydrogen supply infrastructure. Utilizing its proven and proprietary hydrogen fuel cell technology, Hyzon aims to supply zero-emission heavy duty trucks and buses to customers in North America, Europe and around the world to mitigate emissions from diesel transportation, which is one of the single largest sources of carbon emissions globally. The Company is contributing to the escalating adoption of fuel cell electric vehicles through its demonstrated technology advantage, leading fuel cell performance and history of rapid innovation.
Visit www.hyzonmotors.com.
Use of Non-GAAP Financial Information
To supplement its consolidated balance sheet and statement of operations and comprehensive loss, which are prepared and presented in accordance with U.S. generally accepted accounting principles ("GAAP"), Hyzon Motors Inc. reports EBITDA and Adjusted EBITDA which are non-GAAP financial measures. EBITDA is determined by taking net loss and adding interest, depreciation and amortization. Adjusted EBITDA is determined by taking EBITDA and adding non-cash stock-based compensation expense, change in fair value of private placement warrant liability, change in fair value of earnout liability, change in fair value of equity securities, and other special items determined by management. We believe that these non-GAAP measures, viewed in addition to and not in lieu of our reported GAAP results, provides useful information to investors by providing a more focused measure of operating results, enhances the overall understanding of past financial performance and future prospects, and allows for greater transparency with respect to key metrics used by management in its financial and operational decision making. The non-GAAP measures presented herein may not be comparable to similarly titled measures presented by other companies. EBITDA and Adjusted EBITDA are non-GAAP financial measures, see "Use of Non-GAAP Financial Information" below for important information regarding these non-GAAP financial measures.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. When used in this press release, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyzon disclaims any duty to update any forward -looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Hyzon cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyzon, including risks and uncertainties described in the "Risk Factors" section of Hyzon's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (the "SEC") on March 30, 2022, our Amended Registration Statement on Form S-1 filed with the SEC on April 6, 2021, and other documents filed by Hyzon from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements, such as risks related to the ability to convert non-binding memoranda of understanding into binding orders or sales (including because of the current or prospective financial resources of the counterparties to Hyzon's non-binding memoranda of understanding and letters of intent), the ability to identify additional potential customers and convert them to paying customers, or the ability to manufacture new vehicles, including as a result of disruptions to the supply chain Hyzon gives no assurance that Hyzon will achieve its expectations.
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SOURCE Hyzon Motors Inc. | https://www.kxii.com/prnewswire/2022/05/06/hyzon-motors-inc-reports-first-quarter-2022-financial-operational-results/ | 2022-05-06T11:46:52Z |
Green Day’s Billie Joe Armstrong says he’s moving to the UK following Roe v. Wade decision
Published: Jun. 27, 2022 at 11:35 AM EDT|Updated: 32 minutes ago
(CNN) - The man who wrote the ballad “Good Riddance” may be saying exactly that to the United States.
Green Day frontman Billie Joe Armstrong announced he plans to renounce his U.S. citizenship in the aftermath of the Supreme Court’s decision to overturn Roe v. Wade.
On Friday, during a Green Day show at London Stadium, Armstrong told the audience that he will be moving to the United Kingdom.
Time will tell if he actually makes a permanent trek across the Atlantic.
Armstrong joins a long list of musicians who have publicly blasted the Supreme Court’s decision, including Billie Eilish, Olivia Rodrigo and Kendrick Lamar.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/27/green-days-billie-joe-armstrong-says-hes-moving-uk-following-roe-v-wade-decision/ | 2022-06-27T16:08:20Z |
MUNICH (AP) — About 3,500 protesters gathered in Munich on Saturday as the Group of Seven leading economic powers prepared to hold their annual gathering in the Bavarian Alps in Germany, which holds the G-7′s rotating presidency this year.
Police said earlier they were expecting some 20,000 protesters in the Bavarian city, but initially fewer people showed up for the main protest which started at noon, the German news agency dpa reported.
Fifteen groups critical of globalization, from Attac to the environmental organization WWF, will participate in the demonstrations. Their various demands include a phase-out of fossil fuels, the preservation of animal and plant diversity, social justice on the planet and a stepped-up fight against hunger.
“My demands for the G-7 are, that they have a clear commitment to energy transition, that is the exit from fossil fuels, all forms of fossil fuels, by 2035 at the latest, so we can stop financing wars and conflicts,” said Kilian Wolter from the environmental group Greenpeace who participated in the protest on Munich’s Theresienwiese lawn in the city center.
Earlier on Saturday, members of the antipoverty organization Oxfam posed at a different Munich protest wearing oversized heads of the G-7 leaders demanding more global equality.
“We need concrete action to cope with multiple crises of our times,” Oxfam spokesman Tobias Hauschild told The Associated Press. “That means the G-7 have to act immediately. They have to fight hunger, inequality and poverty.”
Germany’s top security official called on protesters to refrain from violence.
“I expect all demonstrators to protest peacefully, not to hurt anyone and not to destroy any cars or stores,” Interior Minister Nancy Faeser told news portal t-online.
A total of around 18,000 police officers are deployed around the summit site and the protests.
The G-7 leaders — from the United States, Britain, Canada, France, Germany, Italy and Japan — are expected to start arriving in Germany on Saturday afternoon and will tackle issues such as Russia’s war on Ukraine, climate change, energy and the looming food security crisis.
“ Russia’s brutal war against Ukraine is also having an impact here,” German Chancellor Olaf Scholz said in his video podcast on Saturday referring to rising prices for groceries, gas and energy.
The chancellor said the G-7 leaders would discuss the current situation triggered by the war “and at the same time ensure that we stop manmade climate change.”
The G-7 summit will take place in Bavaria’s Elmau from Sunday through Tuesday. After the meeting concludes, leaders of the 30 countries in the NATO alliance will then gather for their annual summit, which is being held Wednesday through Thursday in Madrid.
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Grieshaber reported from Berlin, Philipp Jenne and Pietro De Cristofaro contributed from Munich. | https://cw33.com/business/ap-business/protests-expected-as-g-7-leaders-set-to-arrive-in-germany/ | 2022-06-25T12:21:45Z |
(The Hill) — Republicans are sharpening their knives while the Senate prepares to hunker in for a long weekend as Democrats deploy a special process to pass the party’s sprawling healthcare, tax and climate plan without buy-in from across the aisle.
Republican leaders fumed over the Democratic effort at a press conference on Friday, one day before the Senate is prepared to begin consideration of the plan while taking aim at Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.), two key centrist holdouts, for backing the effort.
“So, what will vote-a-rama be like?” Sen. Lindsey Graham (R-S.C) told reporters on Friday, referring to the voting marathon senators are set to be subjected to in the next few days as part of the process Democrats are using to pass the bill. “It’d be like hell.”
“They deserve this. As much as I admire Joe Manchin and Sinema up for standing up to the radical left at times, they’re empowering legislation that will make the average person’s life more difficult,” Graham said.
The senator, along with Roger Marshall (R-Kan.), also threatened not to vote for a critical funding measure ahead of a September deadline, when government funding is set to lapse, over the effort.
Democrats are using a complicated procedure known as budget reconciliation to try to pass the party’s Inflation Reduction Act, a massive legislative package that would advance key pieces of President Joe Biden’s legislative agenda.
The procedure, which Republicans used to pass former President Donald Trump’s signature tax law in 2017, will allow Democrats to pass a bill in the 50-50 split Senate with a simple majority, bypassing the usual 60-vote threshold.
But to pass the bill using the maneuver, Democrats have to jump through a series of hoops before they bring the bill to the floor for a vote. That includes what’s known as vote-a-rama — an often lengthy and messy voting marathon in which senators can offer a series of amendments for a chance to influence legislation before a final vote on the overall bill.
Republicans have been strategizing in recent days on how to make Democrats feel as much pain as possible during the coming voting session, promising to line up tough votes for the party, which could be used as ammunition for the coming campaign season.
During the recent press conference, Sen. John Barrasso (Wyo.), a member of Republican leadership, said the GOP will be focusing specifically on areas like “energy, inflation, border, and crime.”
Many Republicans have been keeping their cards close to the vest on what amendments they plan to bring up during the voting marathon.
Pressed by The Hill on Thursday about which ones he’ll offer, Sen. John Kennedy (La.) declined to divulge, saying he wants “it to be a surprise.”
“My colleagues will all have plenty of time to read my amendments,” Kennedy said. “But I don’t believe in leading with my chin.”
Republicans have expressed hopes of attaching some of their amendments to the overall bill, despite their overwhelming opposition to the package, in the event it could make the legislation tougher to pass in the House.
Still, there is concern among GOP members around the chances Democrats will introduce what’s known as a wraparound amendment, which could allow for erasure of all amendments adopted during the session.
Sen. John Thune (S.D.), the No. 2 Republican, acknowledged the issue during the press conference on Friday, questioning whether Manchin and Sinema would vote for such an amendment.
“Because they both said that they won’t vote after they felt like, in the American Rescue Plan, they voted for a wraparound amendment, and felt like they were misled by their leadership at the time that they would never vote for one of those again,” Thune said.
The Hill has reached out to the offices of Manchin and Sinema for comment. | https://cw33.com/news/nexstar-media-wire/republicans-vow-hell-for-democrats-over-economic-bill/ | 2022-08-05T18:12:47Z |
-Home price growth slowed in 97 of the 100 largest U.S. housing markets in May, with the national annual appreciation rate pulling back by more than a full percentage point from the month prior
-While the slowdown to 19.3% from a revised 20.4% in April marks the largest single-month deceleration since 2006, prices were still up 1.5% month over month – nearly twice the historical average for May
-Markets experiencing the strongest cooling in home price growth are those with comparatively poor affordability levels and low inventory deficits
-Housing is now the least affordable it has been since the mid-1980s, when sharp Fed hikes led to double-digit mortgage rates and a greater than 50% payment-to-income (P-to-I) ratio
-Tightening affordability then was almost entirely interest rate-driven – with income growth largely keeping up with home prices
-Today's 36.2% ratio is a result of both rising interest rates as well as soaring home values largely driven by historically low inventory levels
-Even though May saw the largest jump in housing inventory in the past five years as pending listings begin to normalize and existing listings sit longer on the market, for-sale inventory remains at a 60% deficit
JACKSONVILLE, Fla., July 6, 2022 /PRNewswire/ -- Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based upon the company's industry-leading mortgage, real estate and public records datasets. This month's report looks at recent cooling in the annual rate of home price appreciation and the intertwined impacts of both affordability and inventory on those trends. According to Black Knight Data & Analytics President Ben Graboske, May marked the second consecutive month of cooling at the national level.
"The annual home price growth rate fell by more than a full percentage point in May, the largest monthly decline at the national level since 2006," said Graboske. "However, even with growth slowing in 97 of the top 100 U.S. markets, overall home prices still rose 1.5% from April – nearly twice the historical average for the month of May. And while any talk of home values and 2006 might set off alarm bells for some, the truth is that price gains would need to see deceleration at this rate for more than 12 months just to get us back to a 'normal' 3-5% annual growth rate. That said, the pace of deceleration could very well increase in the coming months, as we've already begun to see in select markets such as Austin, Boise and Phoenix.
"The record-low listing inventory that had been driving these price gains nationwide has also begun to improve, albeit slightly. Indeed, even with an increase in active listings of 107,000 in May – nearly double the traditional seasonal rise for the month – we are still 60% below the number of active listings we would normally see at this time of year. All major markets are still facing inventory deficits, but some have seen their shortages shrink much faster than others. Among these are some of the hottest housing markets in recent years: San Francisco, San Jose and Seattle. Unsurprisingly, these are also among the markets seeing the strongest levels of cooling so far this year, with annual home price growth rates in each down more than three percentage points in recent months."
As mortgage interest rates continue their upward climb, this month's Mortgage Monitor also examines the resulting further deterioration in home affordability. With 30-year rates hovering close to 6% and home prices up nearly 11% since the start of 2022, home affordability is at its worst point since the mid-1980s – when sharp Fed hikes led to high double-digit mortgage rates that resulted in a greater than 50% payment-to-income ratio. The affordability challenge back then was almost entirely driven by the interest rate environment, while incomes largely kept up with home price growth. Today's falling affordability is due in equal measure to rising rates and soaring home values largely driven by historically low inventory levels. The average home price is now more than six times the median household income, the largest multiple on record since the early 1970s. As of mid-June 2022, it takes 36.2% of the median household income to make the mortgage payment on the average- priced home purchase, well above the 34.1% post-1980s peak in July 2006.
About the Mortgage Monitor
The Data & Analytics division of Black Knight manages the nation's leading repository of loan-level residential mortgage data and performance information covering the majority of the overall market, including tens of millions of loans across the spectrum of credit products and more than 160 million historical records. The combined insight of the Black Knight HPI and Collateral Analytics' home price and real estate data provides one of the most complete, accurate and timely measures of home prices available, covering 95% of U.S. residential properties down to the ZIP-code level. In addition, the company maintains one of the most robust public property records databases available, covering 99.9% of the U.S. population and households from more than 3,100 counties.
Black Knight's research experts carefully analyze this data to produce a summary supplemented by dozens of charts and graphs that reflect trend and point-in-time observations for the monthly Mortgage Monitor Report. To review the full report, visit: https://www.blackknightinc.com/data-reports/
About Black Knight
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.
Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serving their customers. For more information on Black Knight, please visit www.blackknightinc.com/.
For more information:
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SOURCE Black Knight, Inc. | https://www.kxii.com/prnewswire/2022/07/06/black-knight-signs-cooling-nations-least-affordable-markets-inventory-levels-improve-may-sees-largest-monthly-slowdown-home-price-growth-since-2006/ | 2022-07-06T13:29:12Z |
$10 million in grants to be awarded to organizations in Canada and the U.S.
TORONTO and CHERRY HILL, N.J., June 30, 2022 /PRNewswire/ -- TD announced today that applications are now open for the 2022 TD Ready Challenge. This year, TD is seeking to support eligible non-profit and charitable organizations that are focused on solutions to assist people and communities who may be negatively impacted by climate change and the transition to a low-carbon economy.
For 2022, there is a maximum total of 10 grants available of either CDN $1 million or USD $1 million each depending on the country of residence of the applicant.
"Climate change may be impacting everyone, but certain populations are more likely to face worse consequences from its effects," said Janice Farrell Jones, SVP, Sustainability and Corporate Citizenship, TD Bank Group. "As we all work towards a net-zero world, it is crucial that all voices and different perspectives be included in new ways of adapting to environmental changes. This year's TD Ready Challenge will focus on providing support to organizations that are developing scalable solutions to ensure that everyone is supported during the transition to the low-carbon economy of tomorrow."
As both the private and public sectors take steps to mitigate the effects of climate change and move towards an equitable transition to a low-carbon economy, many people and communities may be affected in different and inequitable ways, including:
- Racialized and Indigenous communities
- Seniors, youth, and children
- Newcomers
- Low-income communities
- People with pre-existing health conditions and/or disabilities
- Communities that have traditionally been economically dependent on carbon-intensive industries
As a result, this year's problem statement seeks applications from eligible organizations that have designed scalable and/or replicable solutions, such as providing support to communities seeking to transition to the low-carbon economy, mitigating the effects of climate change on vulnerable populations, supporting the development of the cleantech sector, innovation in sustainable land use, or large-scale green infrastructure solutions.
"Communities across our footprint are incredibly diverse, and we know climate change is likely impacting each differently and often inequitably. That's why the 2022 TD Ready Challenge aims to support organizations helping communities address the impacts of climate change and the transition to the low-carbon economy," said Shelley Sylva, Head of U.S. Corporate Citizenship, TD Bank, America's Most Convenient Bank®. "Community-based organizations understand the greatest needs of their neighbors and we believe, with our support, they will be able to help those disproportionately affected by climate change adapt to these challenges."
The TD Ready Challenge is a key component of the Bank's global corporate citizenship platform, the TD Ready Commitment. Since 2018, the TD Ready Challenge has granted $40 million CAD to 50 charitable organizations to help respond to pressing societal issues tied to several TD Ready Commitment interconnected drivers of change.
TD will be accepting grant applications until August 11, 2022. For complete details about this year's Challenge, please visit td.com/readychallenge.
About the TD Ready Commitment
Our Environmental, Social and Governance (ESG) strategy reflects the commitments we make and is represented by the actions we take together to drive progress towards a more sustainable and inclusive future. It is embedded in our proven business model, guided by our purpose and inspired by our forward focus. The TD Ready Commitment accelerates and amplifies our collective actions in the communities we serve.
As part of its corporate citizenship platform, the TD Ready Commitment, TD is targeting CDN $1 billion (U.S. $775 million) in total by 2030 towards community giving in four areas critical to help open doors for a more inclusive and sustainable tomorrow – Financial Security, Vibrant Planet, Connected Communities and Better Health. Through the TD Ready Commitment, TD aspires to link its business, philanthropy and human capital to help people feel more confident - not just about their finances, but also in their ability to achieve their personal goals in a changing world. For further information, visit td.com/tdreadycommitment.
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SOURCE TD Bank | https://www.mysuncoast.com/prnewswire/2022/06/30/td-launches-5th-td-ready-challenge-focused-equity-based-solutions-climate-change/ | 2022-06-30T11:35:11Z |
NEW YORK, June 28, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ENDP, XELA, LVS, LI, and BOXD.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- ENDP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ENDP&prnumber=062820226
- XELA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XELA&prnumber=062820226
- LVS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=LVS&prnumber=062820226
- LI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=LI&prnumber=062820226
- BOXD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BOXD&prnumber=062820226
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/06/28/thinking-about-buying-stock-endo-international-exela-technologies-las-vegas-sands-li-auto-or-boxed/ | 2022-06-28T17:33:40Z |
LONDON, Sept. 16, 2022 /PRNewswire/ -- Haoma Medica announced a presentation made today at the 2022 American Society for Bone and Mineral Research:
Dr Stephen Hodges, Lead Investigator presented 'A vitamin K catabolite regulates Wnt 16-mediated B-catenin activation leading to increased osteoblast proliferation, with enhanced expression of osteocalcin and osteoprotegrin'.
Previous studies have shown Naquinate, a vitamin K catabolite, to protect against reduction in bone quality and quantity occurring in response to ovariectomy in rat and mouse models. In the data presented today using primary human femoral osteoblasts, Naquinate increased osteoblast proliferation after 3 days compared to control cultures. Cell extracts revealed enhanced expression of osteocalcin, osteoprotegrin and Wnt16 with translocation of B-catenin to the cell nucleus. In a parallel study using liver microsomes in the presence/absence of vitamin K, Naquinate did not affect gamma-carboxylation of osteocalcin.
'These results indicate a dual action for Naquinate on both bone resorption and bone formation pathways and shows that Naquinate does not work through the often-proposed classical bone actions of vitamin K. Naquinate itself appears to have a different and unique biological activity compared to vitamin K. Wnt16 is more active in cortical and Naquinate may be involved in regulating the cortical bone thickness and porosity,' said Dr Stephen Hodges, presenting author.
About Cortical Bone, Osteopenia, Osteoporosis and Fragility Fractures
Cortical bone is the dense outer shell of bone that forms a protective layer around the internal cavity. It is imperative to body structure and weight bearing because of its high resistance to bending and twisting.
Osteoporosis is a silent disease often not presenting with any symptoms until a fracture occurs. It thus remains an underdiagnosed and undertreated disease.
Osteoporosis results in bone loss and changes in bone quality and strength that occurs through the normal aging process leading to fragile bones. Fragile bones lead to fractures, which progresses into a downward spiral of disability, loss of independence and increased mortality with considerable social and economic burden. Fragility fractures are therefore a major obstacle to healthy aging. Worldwide there is a fragility fracture every 3 seconds.
According to the Bone Health and Osteoporosis Foundation about 10 million Americans have osteoporosis and 44 million are at high risk of developing the disease due to low bone mass. Studies suggest one in two women and one in four men aged 50 and older will have a fragility fracture (from low level impact often occurring from a minor bump/fall from standing height) within their lifespan.
People with osteopenia have a lower bone mineral density than normal, but it is not a disease and does not present with signs or symptoms. Having osteopenia, however, increases your chances of developing osteoporosis and fragility fractures can still occur. It is therefore important to talk with your doctor to see how you can improve your bone quality or prevent worsening to reduce the risk of developing osteoporosis and fragility fractures. The right exercise and food choices may help keep bones healthy.
About Haoma Medica and its Nutraceutical Subsidiary, The PuraLife Company
Haoma Medica Ltd is science-led biotech company with pharma pedigree branching into nutraceuticals as The PuraLife Company. The PuraLife Company grew from a science focused foundation, working on new ways to reduce the risk of developing osteoporosis with the aim to manufacture Naquinate and combine it with the best complementary ingredients to support long term bone health - making it available to all before fractures become a reality and a significant health/economic burden to patients, families, and society.
For more information, please visit www.haomamedica.com
Investor Relations Contact:
Name: Carmen Greco
e-mail:carmen.greco@haomamedica.com
Phone: +44(0) 207 629 1954
Logo - https://mma.prnewswire.com/media/1900631/Haoma_Medica_Logo.jpg
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SOURCE Haoma Medica | https://www.kxii.com/prnewswire/2022/09/16/haoma-medica-announces-late-breaking-science-results-naquinate-new-way-support-bone-health-healthy-aging-asbmr-2022-annual-meeting/ | 2022-09-16T10:44:06Z |
Over half report trouble paying for non-health care needs
HAMPTON, Va., Sept. 8, 2022 /PRNewswire/ -- Over 30% of insured patients report trouble paying for health needs, according to a new study from researchers at the University of Alabama-Birmingham using data from the Patient Advocate Foundation (PAF). According to the study, over half of insured respondents reported trouble paying for non-healthcare needs, a notable uptick from pre-pandemic levels and a somber reminder of how a cancer diagnosis can lead to financial toxicity.
Approximately 31% of respondents reported trouble paying for healthcare during that time period. However, this rate was highest among respondents on employer-sponsored plans, 59% of whom reported trouble paying for healthcare.
"Not only is this a story about the high cost of cancer," said Kathleen Gallagher, PAF vice president of health services, "it's also a story about how certain insurance plan benefit designs purposefully shift costs to patients in a way that may cause them to delay seeking care."
In recent years, private insurance has shifted an increasing percentage of cost-sharing onto patients. In 2020, individual silver plan ACA deductibles averaged $4,450 and 26% of individuals with employer-sponsored insurance had annual deductibles of at least $2,000.
The study also reports that over half of respondents, 57%, reported trouble paying for non-healthcare needs. Challenges paying for non-health care needs include trouble paying for food, housing, transportation and internet. Medicaid beneficiaries were the most likely to report trouble affording non-healthcare expenses.
"We already know that households that spend at least 10% of their income on healthcare costs are more likely to delay treatments," said Rebekah Angove, PhD, PAF executive vice president of research and evaluation. "When we look in particular at patients who are on a fixed income, first with the pandemic and now inflation, their financial hardships are more acute than they would have been five years ago. Providers need to be more aware of the financial difficulties that their insured patients may be experiencing and initiate conversations about how they plan to cover these costs and if they need assistance locating resources."
The study surveyed 1,437 respondents, 97% of whom were insured during the covid pandemic. Most respondents were enrolled in Medicare (48%), 22% in employer-sponsored insurance, 13% in Medicaid, 6% in an Affordable Care Act (ACA) plan, and 3% were uninsured.
About Patient Advocate Foundation: PAF is a national non-profit organization that provides free case management and financial assistance to patients diagnosed with a chronic, debilitating or life-threatening condition.
Contact: Caitlin Donovan, Senior Director, Patient Advocate Foundation
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SOURCE National Patient Advocate Foundation | https://www.kxii.com/prnewswire/2022/09/08/over-30-cancer-patients-report-trouble-paying-health-needs-says-new-study/ | 2022-09-08T19:51:10Z |
Tennessee pauses executions, will review lethal injections
NASHVILLE, Tenn. (AP) — Gov. Bill Lee paused executions in Tennessee for the rest of the year on Monday after revealing that the state had failed to ensure its lethal injection drugs were properly tested. The oversight forced Lee to abruptly halt the execution of Oscar Smith an hour before he was to die last month.
Lee did not initially disclose the reason for stopping Smith’s execution other than to say there was an “oversight” in the preparation of the lethal injection drugs. Tennessee’s execution protocols require any compounded drugs to be independently tested for potency, sterility and endotoxins. In his Monday statement, Lee said the drugs for Smith’s execution were tested for potency and sterility, but not endotoxins.
Smith’s attorneys had called for a moratorium on executions and independent review of the problems last week. In a Monday statement, Federal Public Defender Kelley Henry said the Republican governor’s decision shows “great leadership.”
“The use of compounded drugs in the context of lethal injection is fraught with risk,” Henry said. “The failure to test for endotoxins is a violation of the protocol. Governor Lee did the right thing by stopping executions because of this breach.”
Lee appointed former U.S. Attorney Ed Stanton to review circumstances that led to the failure to test for endotoxins. He’ll also review the clarity of the state’s lethal injection manual and look at Tennessee Department of Correction staffing considerations, Lee said in a statement.
“I review each death penalty case and believe it is an appropriate punishment for heinous crimes,” Lee said. “However, the death penalty is an extremely serious matter, and I expect the Tennessee Department of Correction to leave no question that procedures are correctly followed.”
The pause will remain in effect through the end of the year to allow time for the review and corrective action, Lee said.
Henry said last week that the night before the execution, she requested the results of the tests for potency, sterility and endotoxins but received no response. Henry suspects at least two of the three execution drugs were compounded, rather than commercially manufactured, she said, although secrecy rules surrounding Tennessee executions makes it difficult to know for certain.
After a public outcry several years ago, many drug manufacturers refused to sell their medications for executions, making the drugs difficult for prison systems to obtain. Tennessee and many other states also began approving exemptions to open records laws, shrouding the identity of drug suppliers and other information about executions in secrecy.
It was through a public records request that Henry received heavily redacted records from the state’s last lethal injection execution in 2019. She believes the drugs in that case did not pass the required tests. Drugs are supposed to be tested to United States Pharmacopeial Convention (USP) standards. Henry said she believes those drugs were tested but using a standard from a different country, likely because they were sourced from overseas.
Lee’s statement said he has asked Stanton to review the “adherence to testing policies” since the state’s lethal injection manual was last updated in 2018.
While lethal injection was adopted as a humane alternative to the electric chair, it has been the subject of consistent problems and lawsuits.
“Every single time people at my office have raised problems, they’ve had to make adjustments — whether it’s the wrong drug, the wrong potency, or the USP,” Henry said at a news conference last week. The problems were all predicted in a lawsuit challenging the state’s lethal injection procedure, she said.
Tennessee uses a three-drug series to put inmates to death: midazolam, a sedative to render the inmate unconscious; vecuronium bromide, to paralyze the inmate; and potassium chloride, to stop the heart. Officials have said the inmates are unconscious and unable to feel pain. Expert witnesses for inmates, however, have said the inmates would feel like they are drowning, suffocating and being burned alive, all while unable to move or call out.
Of the seven inmates Tennessee has put to death since 2018 — when Tennessee ended an execution pause stretching back to 2009 — five have chosen to die in the electric chair. Smith declined to make a choice, meaning he was scheduled to be executed by the state’s preferred method of lethal injection.
Smith was sentenced to death for fatally stabbing and shooting his estranged wife, Judith Smith, and her teenage sons, Jason and Chad Burnett, at their Nashville home on Oct. 1, 1989. At 72, Smith is the oldest inmate on Tennessee’s death row. His reprieve expires on June 1, after which the state Supreme Court will set a new execution date.
____
Reynolds reported from Louisville, Kentucky
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/02/tennessee-pauses-executions-will-review-lethal-injections/ | 2022-05-02T17:59:11Z |
Boise man sentenced for selling methamphetamine, heroin and stolen firearm
BOISE, Idaho (KIFI) – A Boise man was sentenced to 66 months in federal prison for selling controlled substances and a stolen firearm.
According to court records, in May 2021, Jason William Czech, 42, arranged to meet with an individual at a store parking lot in Boise to sell controlled substances and a firearm. Unknown to Czech at the time, the buyer was a confidential informant who was working at the direction of the Boise Police Department. Czech met with the confidential informant and exchanged methamphetamine and heroin for cash, then later sold a firearm that had recently been reported stolen.
U.S. District Judge Scott W. Skavdahl, from the District of Wyoming, sitting by designation, sentenced Czech to 66 months in federal prison followed by three years of supervised release. Czech pleaded guilty to the crime on December 13, 2021. Czech has four prior felony convictions and was on parole at the time he committed the offenses.
U.S. Attorney Rafael M. Gonzalez, Jr., of the District of Idaho made the announcement and commended the cooperative efforts of the Boise Police Department and Bureau of Alcohol, Tobacco, Firearms and Explosives, which led to charges. | https://localnews8.com/news/crime-tracker/2022/04/22/boise-man-sentenced-for-selling-methamphetamine-heroin-and-stolen-firearm/ | 2022-04-23T01:23:16Z |
BETHESDA, Md., July 15, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the second quarter 2022 on Wednesday, August 3, 2022 after the market closes. A conference call for investors and other interested parties scheduled for the next day has been moved from 9:00 a.m. Eastern Time (ET) to noon (ET) on Thursday, August 4, 2022. The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com.
The conference call will be accessible by telephone and through the internet. Interested individuals are requested to register for the call using this link to obtain dial-in and webcast details. Registration details are also available by visiting https://investor.drhc.com. To participate in the webcast, please follow instructions via the links above 15 minutes before the call to download the necessary software.
For those unable to listen to the call live, a replay of the call will be available two hours after completion of the live call for a limited time via the webcast URL: https://edge.media-server.com/mmc/p/8vnw5rpu.
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 34 premium quality hotels with over 9,500 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.
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SOURCE DiamondRock Hospitality Company | https://www.mysuncoast.com/prnewswire/2022/07/15/diamondrock-hospitality-announces-updated-schedule-second-quarter-2022-earnings-release-conference-call/ | 2022-07-15T22:40:32Z |
Grayson County pauses to remember September 11, 21 years later
SHERMAN, Texas (KXII) - Law enforcement, first responders, and elected officials in Grayson County paused Friday morning as the nation prepares to remember 9/11 on Sunday.
“Time stood still when we watched those planes crash hit the towers,” said Denison Mayor Janet Gott.
The crowd honored the almost 3,000 lives lost 21 years ago and remembered how the moment changed so much for the country.
“It was quite scary,” said Cindy Unerfusser, retired Air Force. “My husband is also in the military, so I was trying to reach him and see if he was okay cause he was stateside, and I was in Korea. That’s when a lot of initiation started, and we ramped up for going to take care of the people that had been hurt.”
Grayson County’s Chief Tony Bennie noted the gravity of the day was felt not only in New York but with local law enforcement everywhere.
“The way that we do our jobs, it’s changed the way our military does their jobs,” said Chief Bennie. “As a law enforcement officer and as a firefighter, the outpouring of love and support that we got from the community.”
That love and support for first responders are carried on more than two decades later.
“There are a lot of police officers that have given their lives, gave their lives on 9/11 2001 and have given their lives ever since and still do so every day,” said Alan McAdams, commander of post 772. “They deserve our respect, they deserve our honor, and I’m just honored to be in their presence today.”
“When the chips are down, we do come together as Americans, and for those kinds of issues, we leave that stuff behind,” said Sherman Mayor David Plyler. “We are Americans first.”
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/09/10/grayson-county-pauses-remember-september-11-21-years-later/ | 2022-09-10T03:26:23Z |
RICHMOND, Va., May 16, 2022 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on May 25, 2022, following the release of its results for the fiscal year 2022 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer.
A live webcast of the conference call will be available online on a listen-only basis at www.universalcorp.com. A replay of the webcast conference call will be available at that site through August 25, 2022. A taped replay of the call will also be available from 8:30 p.m. Eastern Time on May 25th through June 7, 2022, at (866) 813-9403. The telephone replay identification number is 134295.
All remarks made during the conference call will be current at the time of the call, and the language of the call will not be updated to reflect subsequent material developments.
While news media representatives will not be able to ask questions during the webcast, they are welcome to monitor the remarks on a listen-only basis. The use of any comments made by Universal employees or other participants during the call will be restricted for background use only and not for attribution. The contents of the presentation are the property of Universal Corporation, protected by copyright law, and may not be reproduced in any form without the written permission of Universal Corporation. Rebroadcast of the copyrighted call or any portion thereof is prohibited.
Universal Corporation (NYSE: UVV), headquartered in Richmond, Virginia, is a global business-to-business agri-products supplier to consumer product manufacturers, operating in over 30 countries on five continents. We strive to be the supplier of choice for our customers by leveraging our farmer base, our commitment to a sustainable supply chain, and our ability to provide high-quality, customized, traceable, value-added agri-products essential for our customers' requirements. We find innovative solutions to serve our customers and have been meeting their agri-product needs for more than 100 years. Our principal focus since our founding in 1918 has been tobacco, and we are the leading global leaf tobacco supplier. Through our plant-based ingredients platform, we provide a variety of value-added manufacturing processes to produce high-quality, specialty vegetable- and fruit-based ingredients as well as botanical extracts and flavorings for the food and beverage end markets. For more information, visit www.universalcorp.com.
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SOURCE Universal Corporation | https://www.mysuncoast.com/prnewswire/2022/05/16/universal-corporation-announces-conference-call/ | 2022-05-16T21:57:59Z |
‘Stranger Things’ star Millie Bobby Brown enrolled at Purdue University
Published: Aug. 15, 2022 at 9:12 AM EDT|Updated: 29 minutes ago
(CNN) – “Stranger Things” star Millie Bobby Brown is a Purdue Boilermaker.
According to a new interview with Allure magazine, Brown is an online college student at Purdue University.
The 18-year-old is studying the field of human services, which includes human development and family studies.
Ironically, the Netflix TV series she stars in takes place in Indiana and makes reference to Purdue and other Hoosier universities.
In season three, a Purdue T-shirt that appeared in an episode of the show went viral and became a top seller online.
Balancing her online studies, the British actress’ next movie is called “The Electronic State,” which begins production in Atlanta this fall.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/15/stranger-things-star-millie-bobby-brown-enrolled-purdue-university/ | 2022-08-15T13:41:35Z |
Pilots speak after mid-air plane swap stunt goes wrong in Arizona
ELOY, Ariz. (KTVK/KPHO/Gray News) - A Red Bull plane crashed in Arizona over the weekend during a stunt attempt called the “first of its kind.”
Two pilots tried to swap planes at 14,000 feet Sunday. Both pilots landed safely, one by plane and the other by parachute.
The planned stunt featured two skydivers, Luke Aikins and Andy Farrington. According to the Red Bull website, the two are cousins who have flown together several times.
Red Bull shared a video of the flight Monday, which shows both planes in the nosedive position. Video from Luke Aikin’s viewpoint shows him grabbing onto the aircraft, pulling himself inside, and landing safely.
“I mean, we proved that it was possible,” Aikin said. “We’re pushing boundaries out here, and what’s great is I jumped from one, I got in the other one, we landed, I landed safely.”
The stunt quickly went wrong when, according to the Federal Aviation Administration, one of the two single-engine planes spun out of control.
Farrington was forced to deploy a parachute in order to land safely.
“Yeah, I mean, we’re there. All the numbers matched up and everything like that. Everything should’ve been good to go,” Farrington said. “For some reason, it wasn’t that way, but at the end of the day, we’re both here. We’re both good to go, everybody’s safe and sound, and I guess that’s the important part.”
The FAA said in a statement it denied Red Bull’s request for a safety exemption.
According to Red Bull, the pilots had been training in California but decided the actual challenge would take place in Arizona.
The company also mentioned heat can affect the density of the air and could cause the aircraft to fall quicker, though it’s still unclear what caused the stunt to go wrong.
The FAA says it continues to investigate the crash.
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/26/pilots-speak-after-mid-air-plane-swap-stunt-goes-wrong-arizona/ | 2022-04-28T13:39:51Z |
The first movie created about the founding days of Amazon.
MIAMI, July 12, 2022 /PRNewswire/ -- Spanglish Media recently produced the upcoming movie "Bezos", a biopic following Jeff Bezos's founding days of Amazon and the first movie made about Amazon's early days. The movie is executive produced by Marcus Lemonis, star of the hit CNBC Series, The Profit, and tech entrepreneur, Alberto de la Cruz. Lemonis also plays the role of David Shaw, the hedge fund manager and boss of Jeff Bezos before he quit his job to launch Amazon. Jeff Bezos is played by Armando Gutierrez, the well-known producer and star of the hit movies The Little Mermaid, Walt Before Mickey, and Anastasia, among other notable titles. Jeff Bezos' conflicted first employee, Shel Kaphan, is played by Nick Friedman. Friedman is a known entrepreneur and Co-Founder of the $250M company College HUNKS Hauling Junk and is best known for various reality TV appearances, including the first episode of ABC'S Shark Tank and, most recently, Undercover Boss.
The film is based on the book, "Zero to Hero" the story of Jeff Bezos by Tashena Banks. The story follows Jeffrey Bezos, a 31-year-old hedge fund manager, who quits his job and borrows money from his dad to move himself and his wife Mackenzie across the country to launch his dream of creating the world's largest online book store. In a dilapidated garage and with two hard-working techies, Bezos struggles to find investors and finds himself challenged by the CEO of the largest retail bookstore, Barnes and Noble.
"This is the never-been-told story on screen of how Jeff Bezos and Amazon got its start, and its founder's relentless pursuit of excellence," said Lemonis. "As a lifelong investor and entrepreneur, I can identify with Bezos' journey and relentless pursuit of excellence to revolutionize commerce, and we look forward to sharing this movie with audiences worldwide."
"When I read the script, I had to make this movie," added Gutierrez. "After creating the biopic about Walt Disney, I felt compelled to continue creating movies about entrepreneurial stories that inspire and inform. Jeff Bezos is the richest man globally, so naturally, people are drawn to knowing the nitty-gritty behind his success. The humble beginnings of operating out of a garage to creating that first step of launching a website is a story that hasn't been told on-screen."
"This is truly a compelling time for entrepreneurship globally," added Friedman. "Our company College HUNKS started from humble beginnings with one truck, in which I was the first original employee. I look forward to bringing that raw experience to tell the story of Shel Kaplan, Amazon's first employee."
The movie has not yet signed with a streaming platform yet, but the producers are anticipating strong interest from digital platforms such as Netflix, Hulu, Disney+, among others. Other notable actors appearing in the movie include, Grammy-Award Winner Emilio Estefan (Husband of Gloria Estefan) as Bezos' Dad Miguel Bezos, Kevin Sorbo (Hercules: The Legendary Adventures) as Leonard Reggio the Bezos antagonist / CEO of Barnes and Noble, Jevon White (Thunder Force and Startup) as Nico Lovejoy the remaining original employee of Amazon, Alex Mitchell (An American Murder Mystery) as Bezos' wife Mackenzie, Sasha Andreev (Phasma Ex Machina) as Amazon's second employee Paul Davis, Eliana Ghen (7M followers on Tiktok) and a cameo from UFC Champion Jorge Masvidal.
About "Bezos"- The Movie: Written by Allison Burnett & RV Romero (Autumn in New York and Underworld Awakening) and Directed by Khoa Le (Walt Before Mickey), Executive Producers Armando Gutierrez, Alberto de la Cruz, Nick Friedman, and Marcus Lemonis, bring to life this entrepreneurial story of grit, resilience, and startup life.
About Marcus Lemonis
Marcus Lemonis is the CEO of Camping World, and founder of Marcus Entertainment. Along with being the host of various reality tv shows.
About Armando Gutierrez
Armando Gutierrez stars as Jeff Bezos, and is the producer of various movies including The Little Mermaid, Walt Before Mickey, and New York Christmas Wedding.
About Nick Friedman
Nick Friedman stars as Shel Kaphan. Friedman is a known entrepreneur and Co-Founder of the $250M company College HUNKS Hauling Junk and Moving. He has been in various reality TV appearances, including turning down an offer on the first episode of ABC'S Shark Tank and, most recently, Undercover Boss.
Media Contact:
Brianne Barbakoff
786.605.9250
brianne@inklinkmarketing.com
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SOURCE Spanglish Media | https://www.mysuncoast.com/prnewswire/2022/07/12/bezos-new-biopic-jeff-bezos-stars-marcus-lemonis-cnbcs-profit-along-with-founder-college-hunks-creator-little-mermaid/ | 2022-07-12T22:04:46Z |
Former OP home health care business owner sentenced to prison for tax fraud
TOPEKA, Kan. (WIBW) - A former Overland Park home health care business owner has been sentenced to a year and a day in prison for employment tax fraud, which affected his employee’s benefits.
The Internal Revenue Service’s St. Louis Division Criminal Investigation Unit says on Thursday, July 14, Lance Ashley, a former Kansas business owner, was sentenced to one year and one day in prison for employment tax fraud.
The IRS said Ashley was the sole owner and operator of Ashley Home Care Services - a home health care business that provided daily living services in Overland Park. It said the company had received insurance payments from services from insurance companies and the State of Kansas to provide care.
Court documents indicate that Ashley was responsible for all financial matters related to the company - including payroll and collecting and submitting employment taxes to the IRS. However, between 2013 and 2016, its aid the company failed to pay all employee withholdings it collected to the IRS.
Instead, the court found Ashley used the funds to pay for business and personal expenses.
In 2016, the IRS said it took action to collect the unpaid employment taxes and at that time, Ashely provided fraudulent bank records, filed false forms and did not completely disclose all business bank accounts.
Court documents further show that Ashley incorporated Spectrum Home Care, LLC in July 2015 but did not disclose that it existed or identified it as a relevant entity. It said he attempted to use it to conceal the operations of his original company.
The IRS noted that Ashley’s actions cost it about $321,476.
“Employment tax evasion is not a victimless crime. When Mr. Ashley failed to pay these taxes over to the IRS, it affected the future Medicare and Social Security benefits of his employees,” said IRS Criminal Investigation Special Agent in Charge, Tyler Hatcher. “Today’s sentencing reflects the seriousness of failing to meet this obligation.”
In addition to his prison sentence, the IRS said Ashley was ordered to pay the money back in restitution and serve two years of supervised release.
In March, Ashley pleaded guilty to the crimes.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/15/former-op-home-health-care-business-owner-sentenced-prison-tax-fraud/ | 2022-07-15T21:49:59Z |
The Nation's Leading Event Technology Company Unveils Hosted Voice Solution at IVAM's 97th Annual Conference
LAS VEGAS, July 18, 2022 /PRNewswire/ -- Smart City Networks, the nation's leading provider of advanced technology and communication services for trade shows and events, announced today it will be adding Hosted Voice, a cloud-based business voice over internet protocol (VoIP) phone system, to its lineup of products and services.
Hosted Voice is a state-of-the-art telecommunications platform that offers crystal clear call quality, flexibility and a bevy of features to customize the product to each venue's individual needs, whether for administration or event support. Designed to be mobile first and user-friendly, Smart City's Hosted Voice solution offers one-number calling from any device and 24/7 access to admin and user portals that allow individual users to control their phone settings, greetings, out-of-office messages, phone mail and other features.
In addition to its user-designed interface, Hosted Voice also provides state-of-the-art, high quality phone instruments that provides the clearest sound and advanced features compared to traditional PBX systems. Additionally, Smart City Hosted Voice offers a mobile app that allows any device to be used interchangeably for inbound and outbound calling and the system can be integrated with existing Microsoft Teams implementations. Voicemail solutions are also enhanced through voicemail to email dictation, where users can have voicemails sent directly to their email complete with caller ID, .WAV file recordings of the voicemail and a text transcription.
Mark Haley, president of Smart City Networks, addressed the need for a revamped telecommunications product after the previous PBX systems no longer met the modern-day needs of the venue industry.
"For over 35 years, Smart City Networks has been the leader in event telecommunications and technologies," said Haley. "The Smart City Hosted Voice solution is designed with 21st Century sensibilities and modern-day mobility in mind, and its array of features and integration options allows it to be the go-to event communications solution for every business. Our new system moves with you, making it the ideal choice for the pick-up and go nature of our industry."
Hosted Voice allows businesses to access their communication services with only an internet connection, preventing power outages and poor weather conditions from limiting business operations and removing the need to rent PBX equipment. Being a cloud-based communications system, users can also send faxes through their desktop, laptop or smartphone, further reducing unnecessary clutter by eliminating the need to ship a fax machine to the event beforehand.
"It's truly a one stop shop for all your communications," said Dennis O'Gara, Vice President, Operations East Region. "Hosted Voice offers a unified experience for co-workers, event planners and attendees in providing a whole range of advanced features including over 50 customizable calling features, a revolutionized voicemail management system and user-friendly admin portals."
Through the Hosted Voice solution, Smart City Networks has revolutionized communication technology in the event industry, and they continue to be the partner you can rely on for event technology and communications services.
For more information about Smart City Networks products and venue locations, visit www.smartcitynetworks.com.
About Smart City Networks: Founded 35 years ago, Smart City Networks is the nation's largest provider of event telecommunications and technology in the convention industry. Smart City Networks can provide wired and wireless internet services, phone services and digital signage solutions at convention centers and meeting facilities of any size. Smart City Networks designs, installs and maintains data, voice, electrical and utility platforms, coupled with voice, video, and data network engineering, security and monitoring. Since 1987, Smart City has participated in 32 convention center expansions and upgrades. Providing technology services to over 3,000 conventions and meetings annually, Smart City Networks currently serves more than 50 convention and meeting facilities across the U.S., totaling over 17 million square feet of exhibit space. For more information about Smart City Networks, call 702-943-6000 or visit smartcitynetworks.com.
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SOURCE Smart City Networks | https://www.mysuncoast.com/prnewswire/2022/07/18/smart-city-networks-announces-new-cloud-based-telecommunications-service-iavm-venueconnect-2022/ | 2022-07-18T16:13:38Z |
TSX.V: EU
OTCQB:ENCUF
www.encoreuranium.com
CORPUS CHRISTI, Texas, Aug. 2, 2022 /CNW/ - enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU) (OTCQB: ENCUF) today announced continuing positive results from its uranium delineation drilling programs at its 100% owned Rosita Project in South Texas. The on-going drilling program is currently concentrating on the Rosita Extension PAA (Production Authorization Area), adjacent to enCore's fully licensed Rosita ISR (In-Situ Recovery) Processing Plant. The drilling program has confirmed, expanded and upgraded the historic mineralized trends, which will be the initial source of uranium feed for processing at the Rosita Plant.
Highlights of the Rosita Extension Project uranium delineation drill program include:
- Significant mineralization in 59 of 145 holes with Grade Thickness (GT) above 0.3 encountered in 37 holes ("GT" or "Grade Thickness" is defined as the grade multiplied by the thickness of a mineralized intercept). A GT of 0.3 is the established minimum for inclusion in a wellfield for shallow ISR, with 0.45 considered typical ISR ore-grade for shallow deposits;
- High-grade mineralization was encountered in 8 holes which have a GT of 0.85 to 1.73;
- Delineation drill results have established three distinct mineralized horizons in the sandstone host rock as opposed to only one that was previously identified within the PAA;
- The Company has expanded the drill program to four drill rigs on site.
Please visit https://bit.ly/3Q6WJMG to view Rosita project maps and view the Rosita drill program video at: https://www.youtube.com/watch?v=DlFSTsFvPnA&t=1s.
Paul Goranson, enCore Energy Chief Executive Officer said, "enCore continues to be pleased with the drill results in terms of both grade and extent of mineralization at our Rosita Extension area. We look forward to additional drilling results as we advance the project into development. enCore remains on budget and on schedule to meet its 2023 operational plans and contract delivery commitments."
enCore's Rosita Plant, located approximately 60 miles from Corpus Christi, Texas, is a licensed, past-producing in-situ recovery (ISR) uranium plant that is completing refurbishment. The final stage of refurbishment work will be completed with the delivery of six pumps that have been delayed due to unexpected supply chain interruptions. We remain on budget and the delay is not expected to impact scheduled production startup in 2023. The Rosita Plant is designed to process uranium feed from multiple satellite operations, all located in the South Texas area, and is 1 of 11 licensed and constructed uranium processing plants in the United States, 2 of which are owned by enCore Energy.
All drill holes are 5.625-inch diameter rotary-mud holes. Each hole is logged with electrical and gamma methods upon completion. Any anomalous gamma readings are followed up with Prompt Fission Neutron (PFN) surveys which provide direct and accurate in-situ uranium values eliminating any concerns over disequilibrium. The Company owns and operates 2 logging trucks and 5 PFN tools.
Many uranium deposits have a degree of disequilibrium, whereby the radioactivity measured in drill holes using traditional gamma methods does not accurately correspond to ore grade, due to the continued decay of uranium daughter products including potassium, thorium, lead and bismuth relative to radium (Ra226), a significant gamma emitter. Traditionally, accurate uranium values are therefore determined by chemical assay of drill core which is time consuming and expensive.
Without accurate uranium values, the potential for inaccurate estimates of mineralization on both the high and low side is ever present. Real-time PFN analysis accurately eliminates potential errors by using neutron activation to directly detect and quantify uranium content in place down the drill hole.
The PFN tool creates very fast neutrons (14MeV) and fires 108 neutrons per second. Therefore, the neutrons emitted by the PFN tool excite, at an atomic level, in-situ uranium atoms in the drill hole, creating fast (epithermal) neutrons and slow (thermal) neutrons. The ratio of epithermal to thermal neutrons is proportional to uranium, allowing the U3O8 ore grade to be accurately calculated. This provides a relatively inexpensive and instantaneous means for accurate assaying of in-situ ore grades over large areas, and it allows for accurate ore body mapping, resource estimation, and wellfield planning.
Mark Pelizza, MSc. Geo. Eng., CPG-11821, a Director for the Company, and a Qualified Person under NI 43-101, has approved the technical disclosure in this news release.
With approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category1, enCore is the most diversified in-situ recovery uranium development company in the United States. enCore is focused on becoming the next uranium producer from its licensed and past-producing South Texas Rosita Processing Plant by 2023. The South Dakota-based Dewey Burdock project and the Wyoming Gas Hills project offer mid-term production opportunities, with significant New Mexico uranium resource endowments providing long-term opportunities. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to the intended use of the net proceeds of the Offering and the completion of any capital project or property acquisitions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; future legislative and regulatory developments; inability to access additional capital; the ability of enCore to implement its business strategies; and other risks. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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SOURCE enCore Energy Corp. | https://www.kxii.com/prnewswire/2022/08/02/encore-energy-q22022-uranium-drilling-update-new-trend-discovery-rosita-project-texas/ | 2022-08-02T11:49:25Z |
SIGGRAPH 2022 is in Vancouver from August 8 - 11
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- The following event roundup from Cision PR Newswire is a list of featured exhibitors for SIGGRAPH 2022, the premier conference and exhibition on computer graphics and interactive techniques, which takes place from August 8-11 at the Vancouver Convention Centre in Vancouver, British Columbia, Canada.
SIGGRAPH 2022 press kits, news releases and photos are available on the Official Online Press Office, managed by Cision PR Newswire: https://siggraph.vporoom.com/
SIGGRAPH 2022 press kits on the Official Online Press Office
3DConnexion
Booth #642
Press Kit: siggraph.vporoom.com/3DConnexion
For more information, visit 3dconnexion.com/us/.
CG Masters School Of 3D Animation & VFX
Booth #428
Press Kit: siggraph.vporoom.com/CG-Masters
For more information, visit cg-masters.com.
Dimenco
Booth #433
Press Kit: siggraph.vporoom.com/Dimenco
Dimenco unites hardware, software and technology to deliver fast, rich and natural three-dimensional experiences – with no wearables required. We've developed and produced a range of innovative own-brand products with our Built on SR technology, in addition to helping OEMs take the leap from ordinary to extraordinary technology production. Our mission is to push boundaries and achieve the dream of Simulated Reality – one of the world's biggest developments in 3D. Our open approach to the possibilities of spatial computing will result in totally new ways of interacting and experiencing your display, delivering a real-world presence to virtual objects. Learn more at dimenco.eu.
Hammerspace
Booth #1132
Press Kit: siggraph.vporoom.com/Hammerspace
Hammerspace delivers a global data environment which spans across data centers, AWS, Azure, and Google cloud infrastructure. With origins in Linux, NFS, open standards, flash and deeps file system and data management technology leadership, Hammerspace delivers the world's first and only solution to connect global user with their data and applications, on any existing data center infrastructure or AWS, Azure and Google services.
The above press kits will continue to be updated throughout the show. Please check back during SIGGRAPH 2022 for the latest news.
As a global leader in PR, IR, marketing and social media management technology and intelligence, Cision helps brands and organizations to identify, connect and engage with customers and stakeholders to drive business results. Through a suite of IR services, PR Newswire helps companies meet their communications and disclosure needs. A network of over 1.1 billion influencers, in-depth monitoring, analytics and its Brandwatch and Falcon.io social media platforms headline a premier suite of solutions. Cision has offices in 24 countries throughout the Americas, EMEA and APAC. For more information about Cision's award-winning solutions, including its next-gen Cision Communications Cloud®, visit www.cision.com and follow @Cision on Twitter.
If you have questions about Cision PR Newswire's event services, or if you would like to offer feedback on this exhibitor profile roundup, please email the Cision PR Newswire VPO events team at sales@vpoinc.com.
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SOURCE Cision Ltd. | https://www.wibw.com/prnewswire/2022/08/04/cision-pr-newswire-exhibitor-profiles-siggraph-2022/ | 2022-08-04T10:10:49Z |
WASHINGTON , May 17, 2022 /PRNewswire/ -- Parker Tide Corp., provider of professional services and talent to the federal government, appointed Martin Rathmann as chief operating officer (COO). As COO, Rathmann will oversee service delivery and corporate development to support Parker Tide's growing customer base.
Tony Parker, Parker Tide's president and chief executive officer, said, "We are excited that Marty has joined our team. He is passionate about the customer mission, brings deep market knowledge, and has had remarkable success leading business growth and expanding services to customers. Marty will help increase our ability to meet our customers' growing demand for innovation and value."
Rathmann brings over 15 years of experience serving federal customers and most recently served as senior vice president of growth and strategy for GAP Solutions, Inc. During his time as the growth leader for GAP Solutions, he expanded the company's customer base and secured work in new markets, catalyzing its transformation to a large business. His expertise includes managing diverse business portfolios and delivering professional services and workforce solutions for large-scale programs nationwide.
"Parker Tide has earned its reputation for being a reliable service provider with a great team and culture. I am thrilled to serve with this talented workforce as we fulfill our purpose to share responsibility for the customer mission. Our team's customer focus will fuel our growth, drive innovation, and enable us to succeed in this dynamic market," said Rathmann.
About Parker Tide
Parker Tide is a leading provider talent and process optimization to the federal government with nationwide capabilities. For over 20 years, Parker Tide has provided professional services, specializing in human capital, business operations, and security solutions.
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SOURCE PARKER TIDE | https://www.wibw.com/prnewswire/2022/05/17/martin-rathmann-appointed-chief-operating-officer-parker-tide-corp/ | 2022-05-17T12:06:41Z |
BOULDER, Colo., Aug. 5, 2022 /PRNewswire/ -- There is Still Time for Contractors and Sustainable Living Advocates Seeking to Host or Sponsor Free, Solar and Sustainable Sites and Tours, Showcasing Money-Saving Innovations for Homes, Businesses, Non-Profits, and Other Sustainable Entities via the October 1-2 National Solar Tour, America's Largest Grassroots Solar Living Event.
Marking the 27th Anniversary of the National Solar Tour, ASES can't think of a better way to celebrate than having all 50 states represented on the Tour. Last year, this program was so close to delivering a 50 state National Solar Tour, with 49 states featured on the Tour. This year ASES is determined to feature Local Solar Tours and Solar Sites in all 50 states! The Tour is still missing solar and sustainability representation in Alaska, Hawaii, Idaho, Kentucky, Louisiana, Maine, North Dakota, and Texas–among others! Represent your state by signing up to host a Local Solar Tour or Solar Site, either in-person, virtually, or as a hybrid of in-person attendance and virtual photo or video tours by September 15th.
Partnered with The Energy & Environmental Building Alliance (EEBA) this year, the National Solar Tour is an effective program for increasing solar adoption and the implementation of sustainability upgrades by featuring a collection of Local Solar Tours, in addition to single Solar Sites across the country that feature solar and sustainable technologies. This program presents the unique opportunity for solar and sustainability enthusiasts to share their personal process of going solar and implementing sustainable upgrades. Hosts provide genuine recommendations for installers, financing, and accurate information concerning tax credits, rebates, and local laws or issues. Citizens representing every state in the nation and all U.S. territories are invited to show their solar and inspire adoption of energy- and money-saving home and business solutions by hosting or sponsoring a site on the National Solar Tour.
Amplify Your Reach: National Solar Tour Sponsorships Still Available
Sponsorships are still available to elevate sustainable brands, amplify reach, increase ESG affinity, and deliver a traditional and social media bonanza to meet sponsor business and communication objectives and help finance solar and sustainable living improvements now through October 1-2, the official weekend of the National Solar Tour, and through the 2022 calendar year. Email Terri Steele (TourSponsors@ases.org) to reserve your place in the National Solar Tour sun among tens of thousands of qualified consumers.
Be A Climate Champion
Let's inspire friends and neighbors with energy-saving innovations that allow us to live more comfortably, reduce our carbon footprint, improve property values, realize tax credits, and slash energy costs across the US.
Join the National Solar Tour today - and share this message with others who share your passion for a cleaner, more sustainable future.
About the American Solar Energy Society: Established in 1954, the American Solar Energy Society (ASES) is a 501(c)(3) non-profit that advocates for sustainable living and a 100% renewable energy future via in-depth reporting, educational events, Webinars, and conferences that cultivate community and power progress. ASES integrates the perspectives of science, industry, policy and citizens via the award-winning Solar Today magazine, the e-newsletter Solar@Work, monthly Webinars, the ASES National Solar Conference and the National Solar Tour. Learn more at ases.org.
If you have any questions about hosting or attending Local Solar Tours or Solar Sites or if you are interested in partnering with the National Solar Tour, contact solartour@ases.org.
For National Solar Tour sponsorship opportunities, contact toursponsors@ases.org
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SOURCE American Solar Energy Society | https://www.mysuncoast.com/prnewswire/2022/08/05/show-off-your-solar-sustainable-homes-buildings-participate-ases-national-solar-tour/ | 2022-08-05T21:23:41Z |
DA: Officer charged for masturbating in front of victims while investigating disturbance
SAN JOSE, Calif. (Gray News) - A police officer is under investigation for indecent exposure while working a disturbance call last month.
San Jose Police Department Officer Matthew Dominguez, 32, was arrested this week on a misdemeanor indecent exposure charge, according to the Santa Clara District Attorney.
The District Attorney’s office reports Dominguez, with two other officers, responded to a home on April 21 about a mentally ill family member being violent.
After initiating the investigation, Dominguez sent the other officers away to locate the subject, according to the DA’s office. Dominguez then touched himself in front of two female family members and exposed himself to the mother.
County officials said the women left the house and reported the officer’s behavior to their relatives nearby. Another witness also told authorities they saw the officer exposing himself in a dining area.
“The charged behavior is beyond disturbing,” said District Attorney Jeff Rosen. “Law enforcement officers respond to our homes to help crime victims, not terrorize, traumatize, and create new victims.”
Dominguez, who has been with the SJPD for four years, could face a year in jail and be placed on the sexual offender list for 10 years if convicted. The 32-year-old officer is currently on administrative leave, according to the DA.
Officials said Dominguez’s case remains under investigation with a scheduled court appearance on June 22.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/14/da-officer-charged-masturbating-front-victims-while-investigating-disturbance/ | 2022-05-14T17:59:01Z |
(NewsNation) — The co-founders of the Brandon Caserta Foundation, which works to end suicide in the military, said a sailor on the USS George Washington recently attempted to take his life.
The man is now receiving treatment, according to the foundation. NewsNation also spoke on the phone with the sailor’s mother, who confirmed the attempt and said her son is undergoing treatment.
NewsNation agreed not to identify the sailor’s mother for privacy reasons.
The Navy told NewsNation on Thursday it hadn’t received any reports of an attempted suicide.
The aircraft carrier, which is docked and undergoing major maintenance, is connected with a series of deaths — four of them suicides — according to the Navy, with three sailors taking their lives within a week last month.
Reports suggest conditions on the ship were uninhabitable and that sailors were subjected to conditions including constant noise, sleep problems and a lack of electricity.
“How many people need to die before you do something?” asked Patrick Caserta of the Caserta Foundation.
Patrick and Teri Caserta know that pain. Their son Brandon, also a sailor, died by suicide in 2018.
They’ve successfully lobbied Congress to pass The Brandon Act, which expands mental health services in the military.
“It is Brandon’s legacy and I do believe that it can work if it’s allowed to work,” Teri Caserta said. “It has to be implemented correctly, and it has to be pushed down through the ranks.
On Wednesday, Defense Secretary Lloyd Austin acknowledged a problem with the way sailors are housed on ships undergoing repair, not unlike the George Washington.
“Certainly there’s a problem there,” he said. “We’ve got to understand what the problem is a bit more and then we have to figure out what to do to ensure we don’t have these kinds of problems in the future.”
The Navy is undertaking two separate investigations into the suicides and the conditions and culture on the aircraft carrier.
In the last month, it has allowed nearly 260 of about 400 sailors the option to relocate from the ship to temporary housing.
If you or someone you know is thinking of harming themself, the National Suicide Prevention Lifeline provides free support at 1-800-273-8255. Starting on July 16, 2022, U.S. residents can also be connected to the Lifeline by dialing 988. For more about risk factors and warning signs, visit the organization’s official website. | https://cw33.com/news/nexstar-media-wire/new-suicide-attempt-linked-to-uss-george-washington-family-says/ | 2022-05-19T05:31:31Z |
Two years after a 911 dispatcher in rural Pennsylvania refused to send emergency medical assistance to an ailing woman, he was charged with involuntary manslaughter, according to court records.
Dispatcher Leon Price was also charged with recklessly endangering another person, official oppression, and obstruction of the administration of law or other government function related to the July 2020 incident, according to the records.
Around July 1, 2020, Kelly Titchenell called Greene County 911 emergency dispatch to get medical help for her mother, who was jaundiced, incoherent and bleeding because of a hole in her esophagus, according to a civil lawsuit filed by Titchenell in Pennsylvania's Western District court.
When Price answered the 911 call as a dispatcher, Titchenell told him that her mother, 54-year-old Diania Kronk, needed to go to the hospital because she was turning yellow, making noises and had been lying in bed for days, the complaint said.
At the time, Kronk was living at her boyfriend's house in Sycamore, Pennsylvania, where there was no cell service, according to the complaint.
Titchenell says in the complaint that she told the dispatcher, "She is going to die if she doesn't go to the hospital."
Price allegedly told Titchenell that her mother may refuse to go with emergency personnel to the hospital, the complaint said. He instructed her that before an ambulance could be dispatched, she would need to call back from her mother's house and confirm she wouldn't refuse services, the filings allege.
Kronk died the next day, Titchenell told CNN.
Price turned himself in on June 29 on the charges, and was arraigned and released on $15,000 bail, Greene County District Attorney David Russo told CNN.
Price can't formally enter a plea until after his preliminary hearing dates in August and September, a court clerk told CNN. But until then, a not-guilty plea was automatically entered following the informal arraignment hearing, Russo said.
CNN reached out to Price and his attorney for comment but did not hear back.
Family alleges Price's actions harmed Kronk
Titchenell filed a federal lawsuit against Price, Greene County and two other employees of the county's emergency communication dispatch center over the incident, according to court documents.
The suit alleges that Price did not have the authority to deny services to Kronk and says "his actions were a direct and/or proximate cause of" Kronk's death. Titchenell is seeking punitive damages for her "emotional injury," court records show.
It is still unclear why Price didn't listen to her plea to send an ambulance to Kronk's house, Titchenell told CNN, adding that her mother was not in the right state of mind during the 911 call.
There were emergency medical service vehicles available for deployment at the time of the call, according to the complaint.
"These parties will be vigorously defending that matter," attorney Marie Jones, who is representing Greene County and the two other employees, told CNN.
CNN was unable to identify an attorney for Price in the lawsuit.
"I have no animosity toward Mr. Price. I hope he can find peace and forgiveness," Titchenell's attorney, Lawrence Bolind Jr., told CNN. "Unfortunately, what happened to Ms. Kronk must not happen to anyone else in the commonwealth. That is why the civil lawsuit was filed."
Officials plan to evaluate the county's emergency call policies as part of the trial.
"The investigation is being expanded to 911 management to see if this was a result of a potential unwritten 911 management policy in Greene County," Russo told CNN. "No one should be denied emergency services in Greene County or anywhere else. Everyone should have equal protections and access to medical treatment."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/911-dispatcher-charged-with-involuntary-manslaughter-after-allegedly-refusing-to-send-an-ambulance-to-help/article_6dbf9395-7890-5230-ae86-81c05327b926.html | 2022-07-14T03:47:26Z |
- This year's festival will have events throughout the summer and autumn in more than 100 Chinese cities and towns
SHENZHEN, China, July 13, 2022 /PRNewswire/ -- Against the backdrop of sustained improvement in controlling the pandemic and the orderly recovery of tourism, the Overseas Chinese Town Group (OCT Group), one of China's culture and tourism organizations, launched its annual culture and tourism festival on June 24th.
A large panoramic and ecological cultural tourism festival created by OCT Group and the first such event spanning several months founded by a single organization, with a vast lineup of scheduled activities taking place in multiple locations, the OCT Culture and Tourism Festival, now in its fifth year, has become a landmark event in China's cultural and tourism market.
This year's festival will have events throughout the summer and autumn in more than 100 Chinese cities and towns on the premise of the continued effectiveness of current pandemic prevention and control measures. A total of 300+ themed events will take place throughout the festival, and more than 1,000 products will be available for sale at favorable prices.
Interest in cultural events and tourism is expected to grow during the summer period. A mix of rural, urban and patriotism-themed events as well as ones that highlight China's intangible cultural heritage have been scheduled to take place at theme parks, scenic spots, entertainment complexes, resorts and hotels operated by OCT Group. A lineup of comprehensive and customized tourism packages including food, accommodation, travel, shopping and entertainment will be on offer to meet the diversified preferences of visitors. The wide range of musical, cultural, culinary and fashion choices assures that the preferences of all visitors will be met.
Huacheng Tourism, a compressive tourism E-commerce platform owned by OCT Group, has planned to release several travel products and packages with various discounts. It will also upgrade and roll out the OCT Membership Mini-Program available on WeChat, which allows visitors to redeem points for obtaining exclusive privileges, as well as gain access to discounts on tickets to cultural events and creative peripheral products.
In a move to revive enthusiasm for travel following the outbreak of the COVID-19 pandemic in 2020, OCT Group has leveraged the festival to create new demand with innovation-driven products and services. The group has partnered with businesses and organizations across the entire tourism industry chain in a move to support the resumption of production and the return to work. OCT Group's efforts have done much to boost confidence in the sector and help in the recovery of the tourism market. More than 2,300 cultural and tourism products and 900 themed events were rolled out during the 2020 and 2021 festivals, drawing 85 million visitors.
First launched in 2018, the festivals have been crucial in maintaining the tourism sector during the worst of the pandemic as well as in reviving the sector as we move beyond it. OCT Group has been a critically important player in carrying out the social and economic responsibilities of cultural and tourism organizations by continuously strengthening the supply of quality products, creating festival events that meet the changing expectations of attendees, and generally taking actions that increase the enjoyment experienced by all visitors to the extraordinary lineup of events.
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SOURCE Overseas Chinese Town | https://www.kxii.com/prnewswire/2022/07/14/2022-overseas-chinese-town-culture-tourism-festival-kicks-off-with-300-themed-events-be-held/ | 2022-07-14T02:42:14Z |
- Dunn Paper Holdings, Inc. (Dunn Paper or the "Company") obtains forbearance related to its missed March 31, 2022 interest payment from senior lenders.
- New money financing provides liquidity to continue operating the business in the ordinary course, including maintaining valuable relationships with customers and suppliers, and runway to complete a comprehensive financial restructuring to reduce the Company's debt to a sustainable level
- Wade Kemnitz appointed to Chief Executive Officer ("CEO") and is now both President and CEO.
- David Coles of Alvarez & Marsal appointed as Chief Restructuring Officer ("CRO") to assist with the financial restructuring process, enabling the remainder of the Company's officers to focus on operating the business in the ordinary course.
- The Board of Directors expands with the addition of two independent directors, Leslie Lederer and Timothy Pohl. Mr. Lederer and Mr. Pohl will join Michael Zendan on the Company's Transaction Committee, which will oversee the Company's recapitalization efforts to ensure its capital structure and liquidity position the company for long-term success
ALPHARETTA, Ga., April 22, 2022 /PRNewswire/ -- Dunn Paper, a leading paper, tissue, and packaging products manufacturer announced today that it has obtained a new credit facility in order to facilitate the financial restructuring necessary to strengthen its balance sheet and position the Company for future success. The Company has also obtained a forbearance from its senior lenders related to its missed March 31, 2022 interest payment.
Wade Kemnitz, President and CEO of Dunn said, "Today is an important first step toward a more sustainable capital structure. The new credit facility and the support shown by our lenders demonstrate the underlying value of our business as we execute our business plan and continue operating in the ordinary course with our customers and suppliers."
The proceeds of the new credit facility, together with cash generated from daily operations and cash on hand, will be used to fund operating and recapitalization-related expenses. Dunn's management team will continue to manage both the U.S. and Canadian businesses. The Company expects to use the time afforded to it under the forbearance to negotiate the terms of a value-maximizing transaction that will result in a more sustainable long-term capital structure.
Mr. Kemnitz stated, "The current and recent business environment for pulp and other key inputs has led to declining profitability. These factors, together with supply chain disruptions and contractions in trade credit, have resulted in elevated leverage. Dunn's focus has always been on serving its customers, acting as a valued partner to its suppliers, and providing a safe, engaging environment for its employees. Once our recapitalization efforts are complete, I'm confident the Company can return to profitable growth in the various segments in which we excel and where our customers rely on us to serve their packaging and absorbent tissue needs. I'd like to thank our valued customers and suppliers who have supported us over what has been a challenging last twelve months. We intend to continue honoring their ongoing support throughout this process and beyond."
In order to help facilitate the Company's financial restructuring, Dunn Paper's Board of Directors has named David Coles as Chief Restructuring Officer. Mr. Coles is a seasoned financial restructuring expert and a Managing Director of Alvarez and Marsal, a leading restructuring firm.
The expansion of the Board augments the Board's capabilities with seasoned paper industry experience and additional restructuring expertise. The three-person Transaction Committee is tasked with negotiating and promptly implementing a financial restructuring that will position the Company for future success, while causing limited to no disruption to operations.
About Dunn Paper
Dunn Paper is a leading manufacturer and supplier of advanced paper, tissue, and packaging products for use in food, medical, and specialty markets. The company operates 7 paper mills across the United States and Canada and focuses on eco-friendly specialty paper and tissue. Dunn Paper also works with top converters allowing their sustainable paper products to have thousands of potential applications. The company's first mill opened in 1924, and in 2016 the company was acquired by Arbor Investments, a specialized private equity firm with a focus on premier companies in food, beverage, and related industries.
Forward Looking Statement
This press release contains forward-looking statements with respect to our new money credit facility and related matters. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Important factors that could cause our actual results to differ materially from those anticipated in the forward-looking statements include, among other things: (i) the ability of Dunn Paper to develop, prosecute, confirm and consummate a restructuring; (ii) the ability of Dunn Paper to comply with the terms of the new money credit facility; (iii) Dunn Paper's ability to obtain additional financing, as necessary; and (iv) Dunn Paper's ability to retain key management and employees. Other factors and assumptions not identified above are also relevant to the forward-looking statements, and if they prove incorrect, could also cause actual results to differ materially from those projected.
Forward-looking statements speak only as of the date of this release. We undertake no obligation to provide any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or circumstances on which the forward-looking statement is based.
Contact:
Jerry Long, CFO longj@dunnpaper.com
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SOURCE Dunn Paper | https://www.mysuncoast.com/prnewswire/2022/04/22/dunn-paper-obtains-forbearance-new-money-financing-existing-first-lien-lenders/ | 2022-04-22T17:10:42Z |
AUSTIN (KXAN) — Kaitlin Armstrong, the woman accused of killing cyclist Moriah Wilson, was captured at a Costa Rica hostel Wednesday, over a month after the murder.
U.S. Marshals worked with Homeland Security and authorities in Costa Rica to find her at the hostel on Santa Teresa Beach, which borders to Pacific Ocean, the U.S. Marshals Service announced Thursday. She will be deported and returned to the U.S.
Investigators found Armstrong, 34, had used a phony passport on May 18 to board a United Airlines flight from Newark, New Jersey, to San Jose, Costa Rica, according to U.S. Marshals.
U.S. Marshals had already known she was given transportation to the airport in Newark, but no flight reservations were found in her name.
Prior to the May 18 flight, Armstrong was seen on surveillance video at Austin-Bergstrom International Airport on May 14, where she boarded a plane to Houston before catching a connecting flight to New York.
The murder took place May 11, according to past reports from Austin Police. Wilson was shot and killed at a home off Maple Avenue in east Austin. Wilson, a world-class cyclist, was in Texas preparing to compete in a race. She is originally from Vermont.
An anonymous tipster told police that Armstrong believed her boyfriend was romantically involved with Wilson, leading her to become “furious,” “shaking with anger” and wanting to “kill” Wilson.
Both Wilson’s family and Armstrong’s boyfriend, however, have since denied reports that the two were romantically involved at the time of Wilson’s death.
Austin Police questioned Armstrong after the murder but did not arrest her at the time, U.S. Marshals said.
The department also issued a warrant for Armstrong’s arrest on May 17, days after she had already fled the state. Armstrong had also sold her black Jeep to a CarMax dealership in south Austin on May 13 prior to leaving Texas, U.S. Marshals said.
A federal arrest warrant for Armstrong was obtained on May 25 for unlawful flight to avoid prosecution. | https://cw33.com/news/nexstar-media-wire/kaitlin-armstrong-captured-in-costa-rica-officials-say-she-used-a-phony-passport/ | 2022-06-30T17:45:54Z |
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