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NEW YORK, May 20, 2022 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced a reverse split of the Global X Cannabis ETF (POTX) ("the Fund").
Effective after market close on June 10, 2022, the Fund will affect a reverse split at a ratio of 1:6. The reverse split will increase the price per share of the Fund with a proportionate decrease in the number of shares outstanding. For example, every six pre-split shares will result in receipt of one post-split share, which will be priced six times higher than the net asset value (NAV) of a pre-split share.
Illustration of Reverse Split
The following table shows the effect of a hypothetical 1:6 reverse split:
Fractional Shares
As a result of the reverse split, a shareholder of the Fund's shares could potentially hold fractional shares. In this case, a Fund will redeem the cash value (at NAV) of any fractional shares resulting from the reverse split. Receipt of cash in lieu of fractional shares may result in a taxable event to shareholders, and each shareholder should consult with the shareholder's own tax advisers with respect to the appropriate treatment of the receipt of such cash payment.
About Global X ETFs
Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features over 90 ETF strategies and over $40 billion in assets under management.i While we are distinguished for our Thematic Growth, Income and International Access ETFs, we also offer Core, Commodity, and Alpha funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $640 billion in assets under management worldwide.ii Mirae Asset has an extensive global ETF platform ranging across the US, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $80 billion in assets under management.iii
Media Contact
Frank Taylor
Dukas Linden Public Relations
frank@dlpr.com
(646) 808-3647
Important Disclosures
This information is not intended to be individual or personalized investment or tax advice and should not be used for trading purposes. Please consult a financial advisor or tax professional for more information regarding your investment and/or tax situation.
Investing involves risk, including the possible loss of principal. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Carefully consider the Funds' investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund's summary or full prospectuses, which are available at globalxetfs.com. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments.
Information provided by Global X Management Company LLC (Global X ETFs or Global X).
iSource: Global X, as of 4/04/22
iiMirae Asset, as of December 2021
iiiMirae Asset, as of 4/04/22
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SOURCE Global X Management Company LLC | https://www.kxii.com/prnewswire/2022/05/20/global-x-etfs-announces-etf-reverse-stock-split-potx/ | 2022-05-20T20:36:40Z |
'You live on in our hearts': Bryant Young salutes late son Colby at his Enshrinement
CANTON — A devastating injury almost cost Bryant Young his career ... and his leg.
The pain the Pro Football Hall of Fame defensive tackle suffered that day was nothing compared to the pain he and his family experienced years later.
Young spoke of his late son Colby during Saturday's Enshrinement. Colby Young died of pediatric cancer at age 15 in 2016.
"Colby loved life and had an infectious smile," Young said. "He had many interests, including football. He was a happy kid."
Colby was starting to have headaches in the fall of 2014. A CAT scan revealed a brain tumor.
Five days later, surgeons removed Colby's tumor.
"They told us it was cancer," Young said.
Despite the grim news, Colby was in high spirits when he returned to school a week later. Young said he had the heart of lion.
Colby underwent intense treatments. HIs family felt encouraged when he started to feel well.
The following fall, Colby said he had another headache. The cancer was back.
"It spread too far too fast," Young said. "Colby sensed where things were heading and had questions. He didn't fear death as much as the process of dying. Would it be painful? Would he be remembered?"
Young assured his son he would keep his memory alove. He did it again during his Enshrinement speech.
"Colby ... ," Young said as he choked back tears. "You live on in our hearts. We will always speak your name."
Reach Mike at mike.popovich@cantonrep.com
On Twitter: @mpopovichREP | https://www.cantonrep.com/story/sports/pro/pro-football-hof/2022/08/06/pro-football-hall-of-fame-enshrinement-speech-bryant-young-son-colby-san-francisco-49ers/65392080007/ | 2022-08-06T20:52:15Z |
SAN FRANCISCO and SUZHOU, China, June 12, 2022 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of oncology, metabolic, autoimmune, ophthalmology and other major diseases, announces that the results of high-dose cohorts in a phase 1 clinical trial of mazdutide (IBI362), a glucagon-like petide-1 (GLP-1) and glucagon receptor dual agonist, in Chinese adults with overweight or obesity are presented as an on-demand poster (ODP014) at ENDO 2022.
This randomized, double-blind, placebo-controlled multiple-ascending-dose study (ClinicalTrials.gov, NCT04440345) evaluated the safety, tolerability and PK/PD characteristics of mazdutide in Chinese participants with overweight or obesity. Twelve participants in each of the five cohorts were randomized 2:1 to receive subcutaneous 1.0-2.0-3.0 mg (cohort 1), 1.5-3.0-4.5 mg (cohort 2), 2.0-4.0-6.0 mg (cohort 3), 2.5-5.0-7.5-10.0 mg (cohort 4) or 3.0-6.0-9.0 mg (cohort 5) mazdutide or placebo once weekly, with each dose level administered for 4 weeks. Each cohort of participants received administration for 12 weeks in total except that participants in cohort 4 received administration for 16 weeks.
- In cohort 1-3 (low-dose), mazdutide demonstrated favorable tolerability and a safety profile, with mean percent reduction from baseline in body weight of up to 6.4% for participants receiving mazdutide at week 12. Meanwhile, improvements in BMI, waist circumference, blood pressure, lipid and serum uric acid were observed in participants receiving mazdutide. The results have been published in EclinicalMedicine1.
- Results of cohort 4 and 5 (high-dose) were firstly presented at ENDO 2022. The mean reduction (percent reduction) from baseline in body weight were 7.62 kg (9.5%) for participants receiving mazdutide at week 16 in cohort 4, and 9.23 kg (11.7%) for participants receiving mazdutide at week 12 in cohort 5. Four participants (50%) receiving mazdutide in each cohort achieved ≥10% weight loss and two (25%) receiving mazdutide in each cohort achieved ≥15% weight loss during the study. Improvements in BMI, waist circumference, blood pressure, lipid and serum uric acid were similar with those observed in the low-dose cohorts.
- Mazdutide up-titrated to 10 mg and 9 mg showed a similar safety profile with that of low-dose cohorts. No participant discontinued the study due to adverse events. No dose adjustment of mazdutide was made. No serious adverse event was reported.
Professor Linong Ji, the Principal Investigator of the Study, Peking University People's Hospital, stated: "The obese population in China exceeded 100 million. Most patients failed to achieve weight loss goals by lifestyle intervention, underlying the urgent need for safe and highly efficacious weight loss treatments. We are delighted to see high-dose mazdutide showed a similar safety profile as low-dose mazdutide, while demonstrated more robust weight loss efficacy, as well as multiple benefits in metabolic parameters. High-dose mazdutide may offer bariatric surgery-equivalent weight loss and potentially provides an encouraging treatment option for patients with severe obesity. Based on the current data and R&D progress, I believe that mazdutide has the full potential to become an innovative anti-obesity drug buster. I am also confident that mazdutide will achieve a great success in the phase III clinical studies scheduled in the second half of this year. I hope that mazdutide can be approved and launched-to-market and benefit patients in the foreseeable future."
Dr. Lei Qian, Vice President of Clinical Development of Innovent, said "High-dose mazdutide showed favorable safety, tolerability, and robust efficacy on weight loss in Chinese adults with overweight or obesity. Mazdutide is the only molecule that achieve a 12-week weight loss by more than 11.5% among single-agent anti-obesity molecules approved or under development. This result demonstrates the superiority of GLP-1 and glucagon receptor dual agonists over GLP-1 receptor mono-agonists in terms of weight loss efficacy. Meanwhile, this study further validated the multiple metabolic benefits offered by mazdutide to patients with overweight or obesity. We will continue to develop high-dose mazdutide in overweight or obesity and other potential indications and expect more exciting results."
1Ji L, Jiang H, An P, et al. (2021) IBI362 (LY3305677), a weekly-dose GLP-1 and glucagon receptor dual agonist, in Chinese adults with overweight or obesity: A randomised, placebo-controlled, multiple ascending dose phase 1b study. EClinicalMedicine 39: 101088. 10.1016/j.eclinm.2021.101088
China has the largest obese population in the world, with a gradual increasing trend. Obesity can lead to a range of complications or related diseases that impact life expectancy and lead to a decrease in quality of life. In more severely obese patients, the incidence and mortality of cardiovascular disease, diabetes, and certain cancer increase significantly. Obesity is a chronic disease that requires long-term management, and there is a lack of long-term effective and safe treatments. Lifestyle intervention is the first choice and the most basic treatment for patients with overweight or obesity. However, a considerable number of patients cannot achieve the desired weight loss goal due to various reasons and may use medications. Traditional anti-obesity drugs are associated with limited weight-loss effects and safety concerns.
Innovent entered into a licensing agreement with Eli Lilly and Company (Lilly) for the development and potential commercialization of OXM3 (also known as IBI362, LY3305677 or mazdutide), a GLP-1 and glucagon receptor dual agonist, in China. In parallel, Lilly is developing OXM3 outside China. mazdutide is a long-acting synthetic peptide related to mammalian oxyntomodulin (OXM), which uses a fatty acid side chain to prolong the duration of action and allow once-weekly administration. Mazdutide is thought to exert its biological effects by activating GLP-1 receptor and glucagon receptor in human beings, which is estimated to improve glucose tolerance and induce weight loss, mimicking the effects of endogenous oxyntomodulin.
In addition to the effects of GLP-1 receptor agonists on promoting insulin secretion, lowering blood glucose and reducing body weight, mazdutide may also increase energy expenditure and improve hepatic fat metabolism through the activation of glucagon receptor. The treatment of metabolic diseases by activating multiple metabolism-related targets simultaneously is currently the worldwide trend in drug development.
Inspired by the spirit of "Start with Integrity, Succeed through Action," Innovent's mission is to develop, manufacture and commercialize high-quality biopharmaceutical products that are affordable to ordinary people. Established in 2011, Innovent is committed to developing, manufacturing and commercializing high-quality innovative medicines for the treatment of cancer, autoimmune, metabolic, ophthalmology and other major diseases. On October 31, 2018, Innovent was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 01801.HK.
Since its inception, Innovent has developed a fully integrated multi-functional platform which includes R&D, CMC (Chemistry, Manufacturing, and Controls), clinical development and commercialization capabilities. Leveraging the platform, the company has built a robust pipeline of 32 valuable assets in the fields of cancer, autoimmune, metabolic, ophthalmology and other major therapeutic areas, with 7 products approved for marketing in China – TYVYT® (sintilimab injection), BYVASDA® (bevacizumab biosimilar injection), SULINNO® (adalimumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection) , Pemazyre® (pemigatinib oral inhibitor) and olverembatinib (BCR-ABL TKI) and Cyramza® (ramucirumab), 2 asset under NMPA NDA review, 4 assets in Phase 3 or pivotal clinical trials, and an additional 19 molecules in clinical studies.
Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts. The company has also entered into strategic collaborations with Eli Lilly and Company, Adimab, Incyte, MD Anderson Cancer Center, Hanmi and other international partners. Innovent strives to work with many collaborators to help advance China's biopharmaceutical industry, improve drug availability and enhance the quality of the patients' lives. For more information, please visit: www.innoventbio.com. and www.linkedin.com/company/innovent-biologics/.
Note:
TYVYT® (sintilimab injection) is not an approved product in the United States.
BYVASDA® (bevacizumab biosimilar injection), SULINNO®, and HALPRYZA® (rituximab biosimilar injection) are not approved products in the United States.
TYVYT® (sintilimab injection, Innovent)
BYVASDA® (bevacizumab biosimilar injection, Innovent)
HALPRYZA® (rituximab biosimilar injection, Innovent)
SULINNO® (adalimumab biosimilar injection, Innovent)
Pemazyre® (pemigatinib oral inhibitor, Incyte Corporation). Pemazyre® was discovered by Incyte Corporation and licensed to Innovent for development and commercialization in Mainland China, Hong Kong, Macau and Taiwan.
CYRAMZA® (ramucirumab, Eli Lilly). Cyramza® was discovered by Eli Lilly and licensed to Innovent for commercialization in Mainland China.
Disclaimer:
- This indication is still under clinical study, which hasn't been approved in China.
- Innovent does not recommend any off-label usage.
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent Biologics, Inc. ("Innovent" or "Company") , are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment and political, economic, legal and social conditions.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialise or turn out to be incorrect.
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SOURCE Innovent Biologics | https://www.wibw.com/prnewswire/2022/06/13/innovent-releases-results-high-dose-cohorts-phase-1-clinical-study-mazdutide-ibi362-chinese-adults-with-overweight-or-obesity-endo-2022/ | 2022-06-13T00:17:49Z |
CHICAGO, June 27, 2022 /PRNewswire/ -- Asher Funk, an attorney who focuses on representing health care providers in transactions, regulatory counseling, compliance matters, government investigations, and enforcement actions, has joined Troutman Pepper's Health Sciences Transactional Practice Group in Chicago as a partner. Funk comes to the firm from Polsinelli PC, and is the sixth attorney to join the firm's national Health Sciences Department in recent months. In April, the firm welcomed three partners to the team, data privacy Partner Jonathan Ishee and corporate Partners Geoff Starr and Abe Kwon. Lori Trujillo and Brian Wong also joined the firm as counsel in its Los Angeles and New York offices, respectively, earlier this month.
"Our Health Sciences Department is a strategic pillar for the firm. We continue to expand our health care and life sciences footprint in key practice areas and geographies, growing capabilities based on client need," said Rachael Bushey, chair of Troutman Pepper's Health Sciences Department. "We are delighted to have Asher join us. His addition strengthens our presence in the Midwest and will be an asset to our health care and life sciences clients throughout the country."
"Asher's background and combination of regulatory compliance, white collar litigation, and transactional experience in the health care vertical brings significant value to Health Sciences and to the firm, and contributes to our aggressive growth throughout the country," added partner John Jones, who leads Troutman Pepper's Health Care Private Equity, Transactions, and Regulatory practices.
Funk maintains a diverse practice representing hospitals, health systems, skilled nursing facilities, rehabilitation providers, home health and hospice companies, pharmacies, durable medical equipment suppliers, and behavioral health providers. He has deep experience with the Stark Law, Anti-Kickback Statute, Civil Monetary Penalties Law, and issues related to quality of care, medical necessity, billing, and reimbursement. Funk is also an expert on the federal False Claims Act — and similar state laws — having routinely represented providers during investigations and litigation initiated by the government and private whistleblowers.
"I've spent my career partnering with clients and helping them navigate the complex issues facing health care and life sciences organizations during transactions, government audits, investigations, and litigation," said Funk. "Troutman Pepper has invested in dynamic thought leaders to take Health Sciences forward. This provides an excellent platform for lateral partners, like me. I am pleased to join the Department, and to continue to grow my practice and build relationships with clients and my new colleagues at Troutman Pepper."
Funk earned his JD from the Northeastern University School of Law and his BA degree from University of Michigan.
Troutman Pepper's multidisciplinary Health Sciences Department has more than 150 professionals who serve clients across the health care and life sciences spectrum. Clients include innovative biotech, pharmaceutical, and medical device developers and manufacturers; physicians, hospitals, and other health care providers; health insurers and other payors; and a wide range of members of the health care supply chain. The team has been recognized by top industry authorities, including Chambers USA.
Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. The firm's litigation, transactional, and regulatory practices advise a diverse client base, from start-ups to multinational enterprises. The firm provides sophisticated legal solutions to clients' most pressing business challenges, with depth across industry sectors, including energy, financial services, health sciences, insurance, and private equity, among others. Learn more at troutman.com.
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SOURCE Troutman Pepper Hamilton Sanders LLP | https://www.mysuncoast.com/prnewswire/2022/06/27/troutman-pepper-adds-talented-health-care-regulatory-transactional-partner-chicago-powerhouse-health-sciences-department/ | 2022-06-27T17:40:44Z |
Starbucks will cover travel for workers seeking abortions
(AP) – Starbucks said Monday it will pay the travel expenses for U.S. employees to access abortion and gender-confirmation procedures if those services aren’t available within 100 miles of a worker’s home.
The Seattle coffee giant said it will also make the travel benefit available to the dependents of employees who are enrolled in Starbucks’ health care plan. Starbucks has 240,000 U.S. employees but the company didn’t say what percentage of them are enrolled in its health care plan.
Starbucks is among the most high-profile companies to have adopted a travel benefit in the wake of a leaked draft opinion from the Supreme Court that would abolish the nationwide right to abortion.
“Regardless of what the Supreme Court ends up deciding, we will always ensure our partners have access to quality health care,” Sara Kelly, Starbucks acting executive vice president of partner resources, wrote in a letter to employees.
Amazon is also covering up to $4,000 in travel and lodging expenses for employees seeking non-life threatening medical treatments, including abortions and gender-confirming procedures. According to messages sent to staff, the benefit has been in place since the beginning of this year and applies if the procedure is not available within within 100 miles of an employee’s home.
Tesla also said earlier this month it would cover travel costs for employees seeking out-of-state abortions. Some companies, including Levi Strauss & Co., Yelp and Citigroup, have pledged to pay travel costs for Texas employees who seek abortions, in response to a 2021 Texas law banning abortions after roughly six weeks of pregnancy.
But many other companies, including Walmart and Facebook, have stayed silent on the hot-button issue for now.
Starbucks said the travel benefit would be extended to employees on the company’s health care plan even if they work in stores that have voted to unionize. At least 69 of the company’s U.S. stores have voted to unionize since the end of 2021, and many more have petitioned the federal government to hold union elections. Starbucks opposes unionization.
Earlier this month, Starbucks angered labor organizers when it announced enhanced pay and benefits for workers at its non-union stores. Starbucks CEO Howard Schultz said at the time that the company isn’t legally allowed to offer benefits at union stores, since those stores must negotiate their own contracts.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/16/starbucks-will-cover-travel-workers-seeking-abortions/ | 2022-05-16T19:48:43Z |
Hillary Clinton personally approved plan to share Trump-Russia allegation with the press in 2016, campaign manager says
By Marshall Cohen
Hillary Clinton personally approved her campaign’s plans in fall 2016 to share information with a reporter about an uncorroborated alleged server backchannel between Donald Trump and a top Russian bank, her former campaign manager testified Friday in federal court.
Robby Mook said he attended a meeting with other senior campaign officials where they learned about strange cyberactivity that suggested a relationship between the Trump Organization and Alfa Bank, which is based in Moscow. The group decided to share the information with a reporter, and Mook subsequently ran that decision by Clinton herself.
“We discussed it with Hillary,” Mook said, later adding that “she agreed with the decision.”
A campaign staffer later passed the information to a reporter from Slate magazine, which the campaign hoped the reporter would “vet it out, and write what they believe is true,” Mook said. Slate published a story on October 31, 2016, raising questions about the odd Trump-Alfa cyber links.
The testimony came in the criminal trial of Clinton campaign lawyer Michael Sussmann, who is being prosecuted by the Trump-era special counsel John Durham. Durham is investigating potential misconduct tied to the FBI’s Trump-Russia probe. The trial has shed light on the dark arts of political opposition research — and how campaigns dig up dirt and plant stories in the press.
Federal investigators ultimately concluded there weren’t any improper Trump-Alfa cyber links.
Clinton officials say they didn’t authorize FBI meeting
Sussmann passed along the same information about Trump and Alfa Bank to an FBI official in September 2016. Prosecutors charged him with lying to the FBI and allege that he falsely told the FBI official that he wasn’t there for a client, even though he was there on Clinton’s behalf.
He has pleaded not guilty and maintains that he went “to help the FBI” as a concerned citizen, and that the Clinton campaign wouldn’t have wanted him to meet with the FBI in the first place.
Mook and another top Clinton campaign official, general counsel Marc Elias, reinforced that assertion this week on the witness stand. They both testified they didn’t authorize or direct Sussmann to go to the FBI with the explosive Trump tip. Mook said Friday that he didn’t even know who Sussmann was during the 2016 campaign, and would’ve opposed an FBI meeting.
“Going to the FBI does not seem like an effective way to get information out to the public,” Mook said. “You do that through the media, which is why the information was shared with the media.”
Earlier in the week, Elias told the jury that he didn’t authorize Sussmann’s meeting with the FBI, which occurred on September 19, 2016. Elias said he hadn’t learned about the fateful meeting between Sussmann and then-FBI General Counsel James Baker until Sussmann was indicted.
In addition to going to the FBI, Sussmann provided the technical internet data to a reporter from The New York Times, who was working on a story that the FBI spiked after learning about it from Sussmann. A staffer from Fusion GPS, an opposition research firm hired by the Clinton campaign, testified that she met with a Slate reporter to discuss the Trump-Alfa allegations.
Testimony from witnesses suggested the media outreach wasn’t closely coordinated, though the situation isn’t fully clear. Mook said he didn’t know about Perkins Coie, the law firm where Sussmann and Elias worked, “playing a role with us sharing the information with the media.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Hannah Rabinowitz contributed to this report. | https://localnews8.com/politics/cnn-us-politics/2022/05/20/hillary-clinton-personally-approved-plan-to-share-trump-russia-allegation-with-the-press-in-2016-campaign-manager-says/ | 2022-05-20T21:01:29Z |
Very low introductory fares start at $59
BALTIMORE and WASHINGTON, June 30, 2022 /PRNewswire/ -- Avelo Airlines this week begins service to two new destinations from Washington D.C. / Baltimore: Orlando, Florida and Wilmington, North Carolina. Very low one-way fares from BWI to Orlando and Wilmington starting at $59* are available at AveloAir.com.
Flights from Baltimore / Washington International Airport (BWI) to Orlando International Airport (MCO) begin today and BWI to Wilmington International Airport (ILM) begin tomorrow, Friday, July 1. These flights offer the National Capital region a convenient and affordable getaway to North Carolina's most accessible coastal destination and the Theme Park Capital of the World.
Avelo Chairman and CEO Andrew Levy said, "There's growing demand for air service from BWI and Avelo's unmatched convenience and affordability make traveling to Orlando and Wilmington easier than ever. The start of these two new routes, in addition to our existing service to Southern Connecticut, provide more choice for our Customers' next vacation, weekend getaway, or reconnecting with family and friends."
Avelo will fly its Boeing Next-Generation 737 aircraft on both routes. The Orlando route will operate five times per week and the Wilmington route will operate three times per week. Flight days and times below:
"Avelo has plans to grow, and we're excited that the airline will offer our local residents and visitors added low fare travel options," said Ricky Smith, Executive Director of BWI Marshall Airport. "These continuous inaugurals, highlights the strength and appeal of our market."
In late May, Avelo began its first route from BWI to Connecticut's most convenient airport – Tweed-New Haven Airport (HVN).
Avelo flies this route seasonally, five days a week: Thursday through Monday. Wonder awaits in Orlando with endless excitement and unforgettable adventures. Whether it's a trip for families, couples, single travelers or a group of friends, Orlando is the perfect destination that ensures a memorable vacation filled with unique experiences for every visitor. While Orlando is known as the Theme Park Capital of the World for its incredible parks and attractions, there's so much more to enjoy. The destination is also home to sizzling nightlife and a vibrant entertainment scene, craft breweries, wineries, professional sports teams and so much more.
"Orlando International Airport prides itself on offering the traveling public options in both airlines and destinations," said Kevin Thibault, Greater Orlando Aviation Authority Chief Executive Officer. "What we're getting with Avelo is even more than a new connection between Central Florida and Baltimore. It is an additional access point for business to the popular northeast corridor from our region."
Avelo flies this route three days a week: Monday, Friday and Saturday. ILM is the perfect-sized airport and huge on hospitality and convenience. As the fifth largest airport in North Carolina, Southern hospitality greets visitors with beautiful public arts, a putting green and rocking chairs bidding welcome to the gateway to southeastern North Carolina.
"We're thankful Avelo Airlines selected Wilmington International Airport and are thrilled to be part of their network expansion especially with a new route to Washington, D.C. / Baltimore," said Jeffrey Bourk, Airport Director. "Avelo's low fares offer additional travel choices and even more reasons to book a flight to ILM."
From Wilmington's vibrant riverfront and scenic Riverwalk that winds around the storied Cape Fear River to three colorful island beaches, there is something about the water that surrounds, transforms, and enthralls visitors. One destination with four unique settings creates a bounty of vibrant vacation experiences. From horse-drawn carriage rides on the old brick-lined streets to the rhythm of live music along the riverfront, Wilmington embraces influences from the past and present.
At Avelo, there are no change or cancellation fees. Avelo offers several unbundled travel-enhancing options that give Customers the flexibility to pay for what they value, including priority boarding, checked bags, carry-on overhead bags, and bringing a pet in the cabin.
The American-made Boeing 737 jets Avelo flies offer a more spacious and comfortable experience than the small regional aircraft historically operating at many of the small hometown airports Avelo serves. Customers may choose from several seating options, including seats with extra leg room, as well as pre-reserved window and aisle seating.
Avelo is distinguished by its Soul of Service culture. The culture is grounded in Avelo's "One Crew" value which promotes a welcoming and caring experience. By caring for one another and owning their commitments, Avelo Crewmembers focus on anticipating and understanding Customer needs on the ground and in the air.
Avelo Airlines was founded with a simple purpose — to Inspire Travel. The airline offers Customers time and money-saving convenience, low everyday fares, and a refreshingly smooth and caring experience through its Soul of Service culture. Operating a fleet of Boeing Next-Generation 737 aircraft, Avelo serves 25 popular destinations across the U.S., including its three bases at Los Angeles' Hollywood Burbank Airport (BUR), Southern Connecticut's Tweed-New Haven Airport (HVN) and Orlando International Airport (MCO). For more information visit AveloAir.com or the Avelo Newsroom at AveloAir.com/Newsroom.
Media Contacts:
Avelo Airlines
Courtney Goff
cgoff@AveloAir.com
Baltimore/Washington International Thurgood Marshall Airport
Jonathan Dean
jdean@bwiairport.com
*One-way introductory fares include government taxes and fees. The very low one-way fares start at $59. Fares are available on a limited number of flights and seats. Additional fees for carry-on and checked bags, assigned seats and other optional services may apply. A $20 charge applies to all bookings or changes made through Avelo's Customer Support Center. For full terms and conditions, please see Avelo's Contract of Carriage.
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SOURCE Avelo Airlines | https://www.wibw.com/prnewswire/2022/06/30/avelo-airlines-begins-two-more-nonstop-routes-baltimore-washington-orlando-wilmington-nc/ | 2022-06-30T17:04:51Z |
- Companies sign MOU for cooperation on the development of renewable energy resources to supply Sempra Infrastructure facilities
HOUSTON, July 26, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), and Entergy Texas, Inc. (NYSE: ETI) today announced they have entered into a memorandum of understanding (MOU) to develop options designed to accelerate the deployment of new renewable energy generation resources and to increase the resiliency of power supply in Entergy Texas' Southeast Texas service area, where Sempra Infrastructure's facilities are under development.
"We look forward to working collaboratively with Entergy Texas to achieve both of our companies' sustainability goals," said Martin Hupka, president of LNG and Net-zero Solutions for Sempra Infrastructure. "Sempra Infrastructure has greenhouse gas reduction goals for our facilities through the utilization of lower-carbon technologies, including electrification of key processes, carbon dioxide sequestration and the use of cost-effective renewable energy, and we are excited about the opportunity to jointly develop a renewable electricity plan that could provide an efficient, resilient and economic path to achieve our goals."
The referenced MOU is non-binding and sets forth a framework for Entergy Texas and Sempra Infrastructure to collaborate on developing a renewable electricity plan, including an implementation schedule for renewable energy procurement that would supply Sempra Infrastructure affiliated facilities in the state, subject to approval by the Public Utility Commission of Texas.
Sempra Infrastructure is developing the Port Arthur LNG project in Jefferson County, Texas. Phase 1 of the Port Arthur LNG project is permitted and expected to include two natural gas liquefaction trains and LNG storage tanks, as well as associated facilities capable of producing, under optimal conditions, up to approximately 13.5 Mtpa of LNG. A similarly sized Phase 2 project is also under active marketing and development.
Additionally, Sempra Infrastructure is developing the proposed Port Arthur Pipeline Louisiana Connector, which would transport and provide natural gas to the proposed Port Arthur LNG project and exploring additional opportunities to co-locate lower-carbon hydrogen production and storage at or near its other facilities.
"We look forward to partnering with Sempra Infrastructure to help reduce their emissions through clean electrification and integration of renewable energy into their operations," said Eliecer "Eli" Viamontes, president and CEO of Entergy Texas. "We seek to be a strategic partner with our customers and communities to help meet their sustainability goals while increasing the reliability and resiliency of our system."
Entergy Texas plans to invest over $2.5 billion by the end of 2024 to build a cleaner, more resilient and sustainable energy future for Southeast Texas. Last year, Entergy Texas filed a request for approval of the Orange County Advanced Power Station, a 1,215-megawatt, dual-fuel combined cycle power facility that will have the capability to use a combination of natural gas and hydrogen. Electric generation using hydrogen as the fuel source produces zero carbon emissions.
Entergy Texas also has entered into a 20-year power purchase agreement with Umbriel Solar for 150 megawatts of solar. The facility will be in Polk County, Texas and is expected to be operational beginning in 2024. Entergy Texas is evaluating additional solar resources that would provide economical, clean energy for customers, with plans to reach over 500 megawatts by 2025 and more by 2030. These resources will increase the diversity of Entergy Texas' power generation portfolio.
This is the second MOU Sempra Infrastructure has signed with energy providers along North America's Gulf Coast to advance the integration of renewable energy into its projects. Earlier this year, the company signed an MOU with Entergy Louisiana to collaborate on developing additional options for renewable energy procurement for Sempra Infrastructure affiliated facilities in Louisiana.
The development of Sempra Infrastructure's projects in Texas and Louisiana is subject to a number of risks and uncertainties, including reaching definitive customer, partnership, construction and other agreements, securing all necessary permits, obtaining financing and incentives, and reaching a final investment decision.
Sempra Infrastructure delivers energy for a better world. Through the combined strength of its assets in North America, the company is dedicated to enabling the energy transition and beyond. With a continued focus on sustainability, innovation, world-class safety, championing people, resilient operations and social responsibility, its more than 2,000 employees develop, build and operate clean power, energy networks and LNG and net-zero solutions, that are expected to play a crucial role in the energy systems of the future. For more information about Sempra Infrastructure, please visit www.SempraInfrastructure.com and Twitter.
Entergy Texas, Inc. provides electricity to more than 486,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation, a Fortune 500 company headquartered in New Orleans. Entergy powers life for 3 million customers through its operating companies across Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. Our approximately 12,500 employees are dedicated to powering life today and for future generations.
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.
In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "opportunity," "target," "outlook," "maintain," "continue," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.
Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits and other authorizations, and other actions by (i) the U.S. Department of Energy, Comisión Reguladora de Energía, U.S. Federal Energy Regulatory Commission, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental entities and regulatory bodies; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, arbitrations, and property disputes; changes to laws, including changes to certain of Mexico's laws and rules that impact energy supplier permitting, energy contract rates, the electricity industry generally and the ability to import, export, transport and store hydrocarbons; cybersecurity threats, including by state and state-sponsored actors, to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business, all of which have become more pronounced due to recent geopolitical events and other uncertainties, such as the war in Ukraine; failure of foreign governments and state-owned entities to honor their contracts and commitments; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our debt service obligations; the impact of energy and climate policies, legislation, rulemaking and disclosures, as well as related goals set and actions taken by companies in our industry, including actions to reduce or eliminate reliance on natural gas generally and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to timely and economically incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas; the impact of the COVID-19 pandemic, including potential vaccination mandates, on capital projects, regulatory approvals and the execution of our operations; volatility in foreign currency exchange, inflation and interest rates and commodity prices, including inflationary pressures in the U.S., and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain current or potential counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control.
These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.
Sempra Infrastructure is not the same company as San Diego Gas & Electric Company or Southern California Gas Company, and neither Sempra Infrastructure nor any of its subsidiaries is regulated by the California Public Utilities Commission.
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SOURCE Sempra North American Infrastructure | https://www.kxii.com/prnewswire/2022/07/26/sempra-infrastructure-entergy-texas-advance-renewable-energy-supply-resiliency/ | 2022-07-26T12:25:26Z |
ANAMBRA, Nigeria (AP) — Nigerian lawmakers have taken steps to bar the payment of ransoms to kidnappers at a time when thousands are in captivity, including passengers kidnapped during a train attack in late March near the nation’s capital.
Nigeria’s Senate has passed a bill amending the country’s Terrorism Prevention Act to bar the ransom payments. It said the amendment will “prevent terrorist groups from laundering money.”
However, the legislation could cause more harm to kidnap victims and their families if the bill is signed into law by President Muhammadu Buhari, activists and Amnesty International’s Nigeria office told The Associated Press on Thursday.
The West African nation has struggled to stem the rise of armed violence in its troubled northwest, and central regions where remote communities are often targeted by armed groups.
Thousands have been killed in the violence, data from the U.S.-based Council on Foreign Relations shows, while travelers are often abducted and kept in detention for weeks usually in forest reserves until ransoms are paid for their release.
The kidnap-for-ransom business is a lucrative enterprise with over $18 million paid to kidnappers between 2011 and 2020, according to Lagos-based SBM intelligence research firm.
Nigeria’s federal authorities have been trying to target the practice for some time. Earlier this month, federal authorities barred calls from more than 70 million unregistered lines in an attempt to target kidnappers and make it difficult for them to contact the families of those held.
When the bill passed on Wednesday becomes a law, it can “turn around not only the security situation in Nigeria but even the economic fortunes of our country,” said Nigeria Senate President Ahmad Lawan.
“We have done so much as a government in terms of infrastructural development in all parts of this country, but because the security situation is not the kind of situation that we all want, this tends to overshadow most of these tremendous and remarkable developments in our country,” said Lawan.
However, activists say the proposed law does not address “the root cause” of Nigeria’s security problems and endangers the lives of those kidnapped.
“If you cannot protect people, why then are you punishing them for finding a way to protect themselves?” asked Festus Ogun, a Nigerian lawyer and human rights activist.
The bill also creates “more opportunities for further violations of people’s rights,” Osai Ojigho, Nigeria director of Amnesty International told AP. She identified the “lack of resources” for security forces to investigate and prosecute crimes as a big challenge in Nigeria’s quest for peace.
Authorities should instead focus on “the root cause” of the kidnappings rather than “criminalizing family members who are distressed” by the abduction of their loved ones,” Ojigho said. | https://cw33.com/news/international/ap-international/nigerias-senate-passes-bill-to-bar-kidnap-ransom-payments/ | 2022-04-29T07:06:16Z |
Highlights:
- Heart disease is the leading cause of death of US women
- Breast arterial calcifications* have been shown to be associated with cardiovascular disease outcomes1
- The collaboration's intent is to expand breast cancer screening programs' ability to make cardiovascular assessments from routine mammograms
- Volpara Health, based in Wellington, NZ, is a leader in artificial intelligence for breast cancer detection and risk assessment
SEATTLE, Aug. 4, 2022 /PRNewswire/ -- Volpara Health Technologies ("Volpara," "the Group," or "the Company"; ASX: VHT), a global health technology software leader providing an integrated platform for personalized breast care, today announced a new research and development agreement with Microsoft to accelerate the creation of a solution that detects and quantifies breast arterial calcifications (BAC).
The collaboration shows a commitment to improving women's health through science and innovation. The solution will build upon Volpara's approach to quantitative and objective breast density scoring using artificial intelligence (AI). Capitalizing upon Volpara's recent BAC patent, the solution will create a tissue composition map that identifies and quantifies BAC from a mammogram, helping radiologists identify the need to take steps toward prevention of heart disease. Integrating Microsoft Azure Machine Learning, part of the Azure AI platform, will help improve Volpara's BAC model and data processing.
This project is an expansion of the companies' relationship over the last decade. Last year, Volpara's innovative work in supporting healthcare providers was recognized with its SaaS (Software as a Service) Award win at the Microsoft New Zealand Partner Awards. Microsoft SaaS and cloud products have played a fundamental role in supporting Volpara's development of the latest, FDA-cleared version of their core AI algorithm. To date, the algorithm has been used to assess the breast composition of more than 14.5M women through Volpara's analysis of over 67M mammography and tomosynthesis images. These images, representing one of the world's largest de-identified image datasets, will prove a pivotal resource for the BAC project.
The BAC product, as a cardiac decision-support tool for radiologists, would mark Volpara's entrance into a new area of care, part of a US$146.4B2 cardiovascular disease market. With access to over 35 percent of the US breast screening market, Volpara has the installation base to facilitate rollout and adoption of the product, creating a new revenue stream. For women, the BAC product would add a new dimension to their regular breast screenings, providing important information about their cardiovascular health. Any significant BAC findings could be delivered through the Volpara® Breast Health Platform™ directly to the healthcare provider or through Volpara's partner network.
Recently, Volpara announced Teri Thomas as the new Chief Executive Officer, with cofounder and former CEO Ralph Highnam, PhD, transitioning to Chief Science and Innovation Officer. As part of his new role, Highnam will spearhead the BAC initiative.
Of the joint project Highnam said: "The trusted relationship we have built with Microsoft over the years is important to Volpara's future, especially our utilization of Azure for machine learning and product development. Our mission and vision around the future of healthcare align well with Microsoft's. Though we are in the early stages of BAC product development, this collaboration will accelerate our efforts as we advance science together."
"Early detection of heart disease can have lifesaving implications. With early knowledge, patients can work with their physician to stop or slow progression," said Tom McGuinness, corporate vice president, Global Healthcare & Life Sciences, Microsoft. "Integrating Azure Machine Learning as a service with Volpara's solution allows providers to connect data and look for meaningful signals through predictive analytics. Through this technology, physicians can identify cardiac risk in patients who may not be aware that they're at higher risk, empowering them and their provider to take proactive steps towards their health."
*Breast arterial calcifications are clusters and patterns of calcification that appear on the mammogram image and may indicate heart disease or high risk of disease.
This announcement was authorised by the CEO of Volpara Health Technologies Limited.
About Volpara Health Technologies Limited (ASX:VHT)
Volpara Health Technologies is a global leader in the research and development of artificial intelligence for the early detection of breast cancer. Volpara's software provides clinicians feedback on breast density, compression, dose, and quality, enabling them to offer their patients personalized breast care and enhanced risk assessment.
Founded in 2009 on research originally conducted at the University of Oxford, Volpara has seen its technology and services used by customers and/or research projects in 40 countries. Volpara's ground-breaking work is supported by 100 patents, over 200 peer-reviewed publications, the most rigorous security certifications, and numerous trademarks and regulatory registrations, including FDA clearance and CE marking. Since listing on the ASX in April 2016, Volpara has raised A$132 million. With offices in Seattle and Boston, Volpara is based in Wellington, New Zealand.
For more information, visit www.volparahealth.com.
Microsoft enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
For more information, visit www.microsoft.com.
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SOURCE Volpara Health | https://www.wibw.com/prnewswire/2022/08/04/volpara-health-collaborates-with-microsoft-accelerate-research-development-software-that-uses-mammograms-identify-potential-cardiovascular-issues/ | 2022-08-04T19:23:14Z |
KOLKATA, India, July 5, 2022 /PRNewswire/ -- TCGLS is a global CRO and CDMO company with operations in Kolkata, Hyderabad, Richmond, VA, and Princeton, NJ; offering seamless and integrated R&D services to pharma, biotech, agriscience, animal health, specialty chemicals, and related industries. It employs more than 1,200 scientists and other technical personnel from the best talent pool around its strategic locations.
Pune, Maharashtra, with its proximity to Mumbai and Gujarat, offers a great ecosystem of talents, scientific institutions, and relevant industry players which TCGLS plans to leverage to build a major presence there. It is taking up approximately 100,000 SFT of space to build a comprehensive discovery services center. Starting with an efficient team of chemists and support personnel in July 2022, TCGLS foresees the ability to accommodate a sizeable batch of chemists, biologists, and formulation scientists in the coming years. It is also looking at opportunities in specialty chemicals and polymer sciences activities in line with its parent company, The Chatterjee Group's investments in those domains.
"Pune, being an education hub of the country, produces a large number of postgraduates. We want to induct and nurture these young talents coming from the reputed academic institutes and research laboratories and provide them an excellent foundation for their career growth," commented Mr. Anirban Mitra, Head of Human Resource Development at TCGLS.
The current team is headed by existing and highly experienced TCGLS leadership team members. The center is equipped with high-end scientific infrastructure, equipment, and analytical instruments to address the diverse and complex requirements of its clients and partners. The labs are equipped with automation devices, safety instrumentation, and regular and walk-in fume hoods. It is supported by general access to scientific journals/databases, IT systems with secured networks, human resource officers, and best practices in safety and supply chain.
"Setting up this new facility in Pune further demonstrates our commitment towards building a world-class provider of CRO and CDMO services. In particular, we will strive to provide our customers and partners with cutting-edge science, best-in-class practices and on-time deliveries," says Dr. Goutam Saha, Vice President and site head of the Pune operations.
About TCG Lifesciences Pvt. Ltd.
TCG Lifesciences Pvt. Limited (formerly "Chembiotek Research International") is a leading global Contract Research and CDMO company delivering innovative R&D services in the areas of pharmaceutical, biotech and related industries. We started our operations in 2001 in Kolkata, India, and currently have our presence in the United States, Europe, and Japan.
TCGLS and its subsidiaries have a strong talent pool of approximately 1200 scientists, of which over 280 have PhDs and the balance hold master's degrees; drawn from leading global academic institutions and industry. Our services span chemistry synthesis, in vitro and in vivo pharmacology, DMPK, analytical development and validation and data science. We offer specific/functional solutions to integrated projects across multiple therapeutic areas with a specific focus on Inflammation & Pain, Infectious Diseases, Central Nervous systems, and Oncology. Our infrastructure includes world-class chemistry and biology laboratories, AAALAC certified animal facility, electrophysiology laboratory, BSL 2 laboratory, and cGMP kilo labs and US FDA accredited manufacturing company.
Logo: https://mma.prnewswire.com/media/1853473/TCGLS_Logo.jpg
Photo: https://mma.prnewswire.com/media/1853472/Pune_facility_TCGLS.jpg
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SOURCE TCG Lifesciences Pvt. Ltd. | https://www.wibw.com/prnewswire/2022/07/05/tcg-lifesciences-inaugurates-new-rampd-facility-pune-part-major-expansion/ | 2022-07-05T13:12:52Z |
For 12 Consecutive Years, Echo Has Ranked as a Top 10 Third-Party Logistics Provider
CHICAGO, July 12, 2022 /PRNewswire/ -- Echo Global Logistics, Inc. ("Echo"), a leading provider of technology-enabled transportation and supply chain management services, was voted the #1 third-party logistics provider (3PL) for the sixth consecutive year by Inbound Logistics readers in the magazine's influential 2022 Top 10 3PL Excellence Awards. This year is also the 12th year in a row that Inbound Logistics readers chose Echo as a top 10 3PL.
"This award is especially meaningful because it can only be earned with the votes of Inbound Logistics readers, who have direct experience with the services we provide," said Doug Waggoner, Chief Executive Officer at Echo. "Customers know how effectively our technology and employees work together to simplify transportation management, and it's an honor to be recognized for excellence for six years in a row by the people who know us best — our customers."
"I'd like to thank Inbound Logistics readers for their support. I'm also grateful to our Echo team members, whose willingness to go the extra mile for customers made it possible for the company to receive this honor six years running," said Dave Menzel, President and Chief Operating Officer at Echo. "Our people set us apart in the 3PL space, along with proprietary technology, including AI and machine learning created by in-house data scientists to help drive better transportation management decision-making."
An annual tradition for two decades and counting, Inbound Logistics' Top 10 3PL Excellence Awards recognize 3PL companies that earn customer trust with highly responsive and flexible service. Thousands of the publication's readers participate by voting for their favorite 3PL partners. For a dozen years, Echo has been included in the top 10 while maintaining or improving its ranking every year.
"The competition for a spot in the Top 10 3PL Excellence Awards is fierce each year, which makes it all the more impressive that Echo has maintained its #1 ranking for six years in a row," said Felecia Stratton, Editor of Inbound Logistics. "We congratulate the entire Echo team for this incredible accomplishment."
About Echo Global Logistics
Echo Global Logistics, Inc. is a leading Fortune 1000 provider of technology-enabled transportation and supply chain management services. Headquartered in Chicago with more than 30 offices around the country, Echo offers freight brokerage and Managed Transportation solutions for all major modes, including truckload, partial truckload, LTL, intermodal, and expedited. Echo maintains a proprietary, web-based technology platform that compiles and analyzes data from its network of over 50,000 transportation providers to serve 35,000 clients across a wide range of industries and simplify the critical tasks involved in transportation management. For more information on Echo Global Logistics, visit: www.echo.com.
ECHO: Corporate
MEDIA CONTACT:
Christopher Clemmensen
SVP of Marketing
Echo Global Logistics
312-784-2132
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SOURCE Echo Global Logistics, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/12/echo-global-logistics-voted-1-top-3pl-sixth-year-row-inbound-logistics-top-10-3pl-excellence-awards/ | 2022-07-12T22:07:20Z |
PALO ALTO, Calif., June 21, 2022 /PRNewswire/ -- Zendure, a Silicon Valley company that specializes in mobile power solutions and flashy aesthetics, has just released their new wireless charger, SuperMini GO, on Indiegogo.
SuperMini GO is a pocket-sized external battery with 10,000mAh of charge capacity. While it's not Zendure's first wireless charger, it is the first to include magnetic docking for a secure connection. SuperMini GO wirelessly charges Qi-compatible mobile devices at up to 15W.
With wireless charging, USB-C 20W PD, and one USB-A port, SuperMini GO can charge 3 devices at the same time. SuperMini GO's LCD screen intuitively displays battery and charging status.
Like many of Zendure's previous offerings, SuperMini GO is available in black or silver. The company has added a third option for their new wireless charger: Cyan Sunset. The colorful ombre finish strikes a balance of sophistication and playfulness.
In addition to the multi-faceted safety measures commonly seen in Zendure products, SuperMini GO has foreign object detection. This prevents SuperMini GO from overheating and wasting energy if a foreign object is detected within the wireless charging zone.
Zendure's SuperMini Go Wireless charger is now available on Indiegogo, with shipping planned for September. Limited-time discounts are available for early backers.
Zendure is an outdoor consumer electronics company located in Silicon Valley in the United States and the Guangdong - Hong Kong - Macao Greater Bay Area in China. Zendure has continuously launched innovative products, made rapid breakthroughs in the core technologies of outdoor energy storage and power supplies, and continues to bring pleasant surprises to the user experience. The company recently received a multi-million dollar series-A round of funding through a joint investment from Shanghai GP Capital and YOTRIO group.
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SOURCE Zendure | https://www.kxii.com/prnewswire/2022/06/21/zendure-announces-stylish-wireless-powerbank/ | 2022-06-21T17:02:10Z |
Supply Secure product line mitigates risk of supply chain disruption, backed by an SLA on IoT hardware delivery.
SAN FRANCISCO , May 5, 2022 /PRNewswire/ -- Particle, an integrated IoT Platform-as-a-Service, has announced the launch of its Supply Secure hardware portfolio, which delivers a resilient and dependable component supply to its Enterprise customers, allowing them to continue production during crises of supply chain disruption.
These portfolio products provide a predictable and reliable supply of chip-based components, giving Enterprise customers confidence in their production forecasts and end user delivery commitments. The majority of Particle's Supply Secure products will be available for customer prototyping in calendar Q3 2022, and for mass manufacturing in calendar Q4 2022.
"Ongoing silicon shortages — caused by fluctuating market conditions, COVID-19's continued strain on global manufacturing capacity and the demand for connected devices — has made hardware components scarce, with unpredictable lead times and unexpected discontinuation," said Chief Operating Officer, Dan Jamieson. "The inability to secure components has forced many manufacturers to either delay delivery of products, miss deadlines or lose business. Our Supply Secure hardware roadmap and diversified supplier network will always prioritize customer needs and continuity above all else to ensure minimal disruption to their operations, mitigate risk, and enable customers to continue shipping products and gaining market share relative to competitors."
To make agile migration between components easy, Particle has thoughtfully designed each element to be as similar and interchangeable as possible to its predecessor. This means customers can replace legacy SKUs with new Supply Secure SKUs without pulling product or design resources away from strategic or forward-looking projects. All designs are API-compatible and footprint-compatible with the products they replace; many are electrically compatible and require no mechanical or electrical changes at all. In addition, the Particle engineering team thoroughly tests and pre-certifies new Supply Secure components to the same degree as their predecessors.
"Delayed or unavailable components mean costly reallocation of resources or full product re-designs, which inhibits innovation, stalls product development, and delays time-to-market strategies, " said Technology Trace Co-Founder and CEO Michael Becker. "We're thrilled that the industry leaders at Particle have taken the proactive initiative in their Supply Secure product line for us to partner with confidence and be with them for the long term."
To bolster customer confidence in the Supply Secure line, Particle has backed their commitment with a Service Level Agreement (SLA) to Enterprise customers. This means that hardware delivery is guaranteed on a predetermined timeline, with financial compensation to eligible customers if missed.
Particle's new Supply Secure products include updated offerings to the company's most in-demand and widely-used Enterprise offerings, including:
- A new Enterprise Wi-Fi product line, which adds support for Bluetooth, a more powerful processor, more memory, and broader support for enterprise Wi-Fi configurations.
- A global SIM device, which adds support for Bluetooth Low Energy (BLE), more memory, and support for global connectivity powered by 350 cellular carriers worldwide.
- Turnkey asset tracker devices, adding support for cutting-edge cellular and GNSS IoT chipsets as well as global connectivity.
About Particle:
Particle provides an integrated IoT Platform-as-a-Service that helps businesses connect, manage, and deploy software applications to connected devices, from edge to cloud and back. Particle powers IoT products from hundreds of businesses — from fast-growing start-ups to Fortune 100 companies — and is used by more than 240,000 developers for IoT product development. Our expertise goes beyond world-class technology, enabling next-generation business intelligence, insights, and expert customer support to make sure IoT projects succeed — so you can build the business of tomorrow, today. For more information visit www.particle.io.
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SOURCE Particle | https://www.wibw.com/prnewswire/2022/05/05/particle-introduces-supply-secure-hardware-portfolio-protect-customers-disruption-amidst-global-supply-chain-delays/ | 2022-05-05T15:30:51Z |
What images of Russian trucks say about its military’s struggles in Ukraine
By Brad Lendon, CNN
Think about modern warfare and it’s likely images of soldiers, tanks and missiles will spring to mind. But arguably more important than any of these is something on which they all rely: the humble truck. Armies need trucks to transport their soldiers to the front lines, to supply those tanks with shells and to deliver those missiles. In short, any army that neglects its trucks does so at its peril.
Yet that appears to be exactly the problem Russia’s military is facing during its unprovoked invasion of Ukraine, according to experts analyzing battlefield images as its forces withdraw from areas near Kyiv to focus on the Donbas.
Photographs of damaged Russian trucks, they say, show tell-tale signs of Moscow’s logistical struggles and suggest its efforts are being undermined by its reliance on conscripts, widespread corruption and use of civilian vehicles — not to mention the huge distances involved in resupplying its forces, or Ukraine’s own highly-motivated, tactically-adept resistance.
“Everything that an army needs to do its thing comes from a truck,” says Trent Telenko, a former quality control auditor for the United States’ Defense Contract Management Agency, who is among those parsing the images for clues as to how the war is going.
“The weapon isn’t the tank, it’s the shell the tank fires. That shell travels by a truck,” Telenko points out. Food, fuel, medical supplies and even the soldiers themselves — the presence of all of these rest on logistical supply lines heavily reliant on trucks, he says. And he has reason to believe there’s a problem with those supply lines.
Canary in the coal mine
Telenko describes one recent photo of tire damage on a multimillion-dollar mobile missile truck, a Pantsir S1, as the canary in the coal mine for Russia’s logistical efforts.
As such an expensive piece of equipment, he would have expected its maintenance to be first-rate. Yet its tires were crumbling just a few weeks into the war — what Telenko refers to as “a failure mode.”
If trucks are not moved frequently the rubber in their tires becomes brittle and the tire walls vulnerable to cracks and tears. Telenko says the problem is common when tires are run with low inflation to cope with the sort of muddy conditions that Russian forces are facing in the Ukrainian spring.
For Telenko, who for more than a decade specialized in maintenance problems in the US military’s truck fleet, the condition of the Pantsir S1 is a revealing mistake.
“If you’re not doing (preventive maintenance) for something so important, then it’s very clear the entire truck fleet was treated similarly,” he says.
Telenko’s theory has echoes of US World War II Gen. Omar Bradley’s famous quote that “amateurs talk strategy, professionals talk logistics.” And he is not the first to have detected a lack of professionalism in Russia’s military, which includes hundreds of thousands of conscripts.
In one notorious incident early in the war, a 40-mile (64-kilometer) convoy of Russian tanks, armored vehicles, and towed artillery became stalled 19 miles (30 km) outside Kyiv, bogged down according to Britain’s Ministry of Defense not only by Ukrainian resistance but “mechanical breakdowns” too.
Last month, US Defense Secretary Lloyd Austin told CNN’s Don Lemon that Russia had made “missteps” and “struggled with logistics,” while on Saturday a senior US defense official said the Russians had still not solved “their logistics and sustainment problems” and would be unable to reinforce their forces in eastern Ukraine “with any great speed.”
Another ‘bad sign’
Phillips O’Brien, professor of strategic studies at the University of St Andrews in Scotland, sees another “bad sign” for Russian truck logistics: its use of civilian trucks to replace military ones lost in battle.
“Civilian trucks are not made to military grade. They’re not made to carry the loads, they’re not made to carry the specific pieces of equipment,” and in many cases cannot even operate off roads, O’Brien says.
The rigors of war are already trying enough for the sturdiest military grade truck, let alone a civilian one.
“A single mile in peacetime, if you drive it in wartime is like 10 or 20 miles (16 to 32 km) because you are pushing the truck hard with huge payloads,” O’Brien says.
Switching between the two introduces a maintenance problem, as spare parts may not be compatible. And, as O’Brien points out, “You don’t want to have to get a new truck every time an old one breaks down.”
Compounding the problem, according to Alex Vershinin, a former US Army officer who served four tours in Iraq and Afghanistan, is that when vehicles do break down Russia has limited resources to recover them.
The Russian army’s battalion tactical groups — those at the spearhead of its advances into Ukraine — normally have only one light and one heavy recovery vehicle, even in units featuring dozens of vehicles, Vershinin wrote last month for the US Military Academy’s Modern War Institute. This means combat vehicles sometimes need to be diverted to towing duties and sometimes broken down “vehicles need to be towed up to a hundred miles,” wrote Vershinin.
O’Brien suggests Russia has neglected its trucks largely because they are not glitzy enough for a military keen to show off its cutting edge weapons systems.
In recent years, Putin has boasted about Russia’s hypersonic missiles like the Zircon and Kinzhal, stealth fighter jets like the Su-57, and its modern fleet of 11 ballistic missile submarines.
“Often glamorous dictator militaries are good at the showy weapons, they buy the fancy aircraft and the fancy tanks, but they don’t actually buy the less glamorous stuff,” O’Brien says.
Conscription and corruption
At the root of Russia’s logistical problems, experts say, are two things that plague its military: conscription and corruption.
About 25% of the Russian military’s million troops are conscripts, according to the Center for Strategic and International Studies — though many experts believe that figure may be misleading, suspecting some of the non-conscript troops are either coerced or tricked into enlisting.
Russia’s conscripts tend to serve one-year stints, occupy the lower ranks, and fill many of the positions in the logistics chain, including vehicle maintenance.
“You can’t really learn anything in a year about maintaining military systems,” Telenko says.
Conscripts also have little motivation as they know their time in the job is so limited, he says.
A senior US defense official said Wednesday said Washington is seeing morale problems among Russia’s conscripts, who make up “almost half” of its forces in Ukraine.
“We have evidence, even recent evidence, that they have been disillusioned by this war, weren’t properly informed, weren’t properly trained, weren’t ready, not just physically but weren’t ready mentally for what they were about to do,” the US official said.
By contrast, in the US military vehicle maintenance is handled by a volunteer non-commissioned officer corps, professional sergeants and corporals who stay for extended enlistments and are motivated by pay rises and promotions.
“You want to have as good people maintaining logistics as you do for every other branch,” says O’Brien, at the University of St Andrews. He adds, in reference to Russia’s apparent struggles, “Were they in a shape for a logistics war or did they not just take it seriously?”
Then there is the corruption that experts say has dogged the Russian military for years.
Matthew Stephenson, a Harvard Law School professor and editor in chief of the Global Anti-corruption Blog, wrote in March that corruption had a particularly corrosive effect on the Russian military’s maintenance and supply logistics.
“All of these problems that anti-corruption experts and national security specialists had been emphasizing for years do seem to be manifesting in the current Russian invasion,” he wrote.
“Corruption — in the form of embezzlement or bribery — can also lead to the purchase of substandard equipment, for example by giving the contract for equipment or maintenance to a less qualified supplier that is more willing to pay kickbacks. Or the person in charge of allocating the maintenance or procurement budget can simply report spending the full budgeted amount on high quality products or services, but then purchase low quality substitutes and pocket the difference.
Telenko’s view is that some of the effects are now being seen on the battlefield. He says money that should have been used for maintenance is “likely lining the pockets of officers in charge of the conscripts who would be servicing the trucks.”
A truck too far?
There are other, subtler, signs of Russian struggles that might easily be missed by anyone who isn’t logistically minded, experts say.
For instance, says Alex Lord, Europe and Eurasia analyst at the Sibylline strategic analysis firm in London, Russia’s military has historically relied on its large manpower reserves to handle logistics, rather than mechanized systems using wooden pallets and forklifts.
Telenko gives the example of loading artillery shells onto a truck. A forklift can lift a pallet of two dozen shells in a single go, while manually lifting individual shells onto a truck would consume far more time and manpower.
This makes Russian logistics around 30% less efficient than leading Western militaries, says Jason Crump, CEO of Sibylline and a veteran of 20 years in the British military.
“This means that it takes more trucks to do a given task in the same time, so greater fuel use and wear and tear,” Crump says.
It also means Russian trucks spend more time standing still while loading and unloading, according to Lord.
“This provides opportunities for Ukrainian forces to target them — as we have seen Ukrainian commanders exploit numerous times during the current campaign,” he says.
All these problems only exacerbate the problems facing Moscow in what is already an uphill struggle for its forces given the distances involved.
Trucks can usually operate up to 90 miles (145 kilometers) from their supply depot, Telenko points out.
But Ukraine is about the size of Texas, almost 800 miles (1,287 kilometers) wide and 350 miles (563 kilometers) long.
That means Russia would need to open numerous supply depots inside Ukraine for its troops to advance farther into Ukraine’s interior.
With Moscow already pulling back under fierce Ukrainian resistance that seems like a tall order. Russia is already thought to have lost a substantial number of trucks.
Building more to replace them could take at least six months, Telenko estimates, by which time more losses would be likely.
“I don’t see how the Russians can maintain their current positions, let alone make any offensive moves with their current truck fleet,” he says.
“Trucks are the backbone of any modern mechanized military force, and if you don’t have them you walk.”
And if you walk, you don’t win.
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CNN’s Michael Conte contributed to this report. | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2022/04/13/what-images-of-russian-trucks-say-about-its-militarys-struggles-in-ukraine/ | 2022-04-14T07:11:27Z |
MELBOURNE, Australia, May 12, 2022 /PRNewswire/ -- Incannex Healthcare Limited (Nasdaq: IXHL) (ASX: IHL), ('Incannex' or the 'Company') a clinical-stage pharmaceutical company developing unique medicinal cannabinoid pharmaceutical products and psychedelic medicine therapies for unmet medical needs, advises that it has entered into a Share Sale and Purchase Agreement to acquire 100% of the issued share capital in APIRx Pharmaceuticals USA, LLC (APIRx) (Acquisition).
The stakeholders in APIRx (Sellers) will be issued a total of 218,169,506 new Shares at a value of $0.573 per Share the sale and purchase of APIRx, the price agreed at the signing of the binding terms sheet and announced on March 24, 2022. As a result of the Acquisition, APIRx will become a wholly owned subsidiary of the Company.
Completion of the proposed acquisition is subject to Incannex's shareholders approving the issue of the new Shares to the Sellers under ASX Listing Rule 7.1 and other customary conditions. The new Shares will be issued to the Sellers at completion of the Acquisition, which is scheduled to occur in June 2022.
The Sellers give warranties and indemnities to IHL that are typical for a transaction of this kind, subject to customary liability qualifications, acknowledgements, and limitations, including in respect of minimum claim amounts, claim time limitations, maximum claim cap, no consequential loss and third-party payment reimbursements. The Sellers provide an indemnification of Incannex for any liability incurred by any APIRx group entity arising in relation to or in connection with the APIRx group entity's failure to comply with any of its obligations arising under law, equity, or statute in respect of the intellectual property rights in the period before the completion date. The Sellers must also ensure that APIRx carries on its business in the ordinary and normal course ahead of completion.
The Sellers have entered a voluntary escrow deed restricting the disposal of any interest in any of the Shares to be issued (Escrowed Shares). The Escrowed Shares will be escrowed for a period of 12 months from completion of the Acquisition.
CEO and managing director of Incannex, Mr Joel Latham said; "The acquisition of APIRx presents us with clear long and short-term opportunities for significant value growth. Several drug candidates have shortened regulatory pathways to break into areas of patient need representing very large global markets. These candidates are our initial development priority".
"Incannex's strong cash position allows us to pursue these near-term product opportunities at the same time as moving at pace to develop the Incannex combination drug candidates. Once the acquisition of APIRx has been finalised, Incannex will have many diverse projects under development, the progress over which we will update the stock exchanges with ongoingly".
This announcement has been approved for release to ASX by the Incannex board of directors.
Incannex is a clinical stage pharmaceutical development company that is developing unique medicinal cannabinoid pharmaceutical products and psychedelic medicine therapies for the treatment of anxiety disorders, obstructive sleep apnoea (OSA), traumatic brain injury (TBI)/concussion, lung inflammation (ARDS, COPD, asthma, bronchitis), rheumatoid arthritis and inflammatory bowel disease. U.S. FDA approval and registration, subject to ongoing clinical success, is being pursued for each drug and therapy under development. Each indication represents major global markets and currently have no, or limited, existing registered pharmacotherapy (drug) treatments available to the public.
Incannex has a strong patent filing strategy in place as it develops its products and therapies in conjunction with its medical and scientific advisory board and partners. Incannex is listed on the Australian Stock Exchange (ASX) with stock code "IHL" and also has American Depository Shares listed on NASDAQ under code "IXHL".
Website: www.incannex.com.au
Investors: investors@incannex.com.au
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations and estimates, as well as the beliefs and assumptions of management. The forward-looking statements included in this press release represent Incannex's views as of the date of this press release. Incannex anticipates that subsequent events and developments may cause its views to change. Incannex undertakes no intention or obligation to update or revise any forward-looking statements, whether as of a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Incannex's views as of any date after the date of this press release.
Contact Information
Incannex Healthcare Limited
Mr Joel Latham
Managing Director and Chief Executive Officer
+61 409 840 786
joel@incannex.com.au
US IR Contact
Rx Communications Group
Michael Miller
+1-917-633-6086
mmiller@rxir.com
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SOURCE Incannex Healthcare Limited | https://www.mysuncoast.com/prnewswire/2022/05/12/incannex-completes-share-sale-purchase-agreement-wholly-acquire-apirx-pharmaceuticals-usa-llc/ | 2022-05-12T12:52:45Z |
SINGAPORE, Aug. 15, 2022 /PRNewswire/ -- EQONEX Limited (Nasdaq: EQOS) ("EQONEX" or the "Company"), a digital assets financial services company, today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2022 with the U.S. Securities and Exchange Commission ("SEC") on August 15, 2022. The annual report can be accessed on the Company's investor relations website at https://group.eqonex.com/ as well as the SEC's website at http://www.sec.gov.
The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to EQONEX Investor Relations Department at ir@eqonex.com.
About EQONEX
EQONEX Limited (NASDAQ: EQOS) is a technology driven digital assets financial services group that provides institutional grade infrastructure and a full suite of trading, custody and asset management solutions to clients. The Group's digital assets ecosystem has been designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security they are accustomed to in traditional financial markets. EQONEX's ecosystem primarily encompasses Digivault, a FCA- registered custodian, Asset Management which encompasses investment products, and Bletchley Park, a fund of crypto-hedge funds, and Brokerage which includes Structured Products, OTC and lending services.
For more information visit: https://group.eqonex.com/
Follow EQONEX on social media on Twitter @eqonex, on Facebook @eqonex, and on LinkedIn.
Forward-Looking Information
Any forward-looking statements in this press release are based on available current market material and management's expectations, beliefs and forecasts concerning future events impacting EQONEX. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, as well as assumptions, which, if they were to ever materialize or prove incorrect, could cause the results of EQONEX to differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements made in this press release speak only as of the date hereof and we disclaim any obligation, except as required by law, to provide updates, revisions or amendments to any forward-looking statements to reflect changes in our expectations or future events.
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SOURCE EQONEX | https://www.wibw.com/prnewswire/2022/08/15/eqonex-files-annual-report-form-20-f-fiscal-year-2022/ | 2022-08-15T18:51:49Z |
Partnership will transform ASC cardiovascular care delivery and expand patient access
PHOENIX and NEPTUNE BEACH, Fla., June 28, 2022 /PRNewswire/ -- Atlas Healthcare Partners – which specializes in developing and managing ambulatory surgery centers (ASCs) – and MedAxiom – which is dedicated to cardiovascular organizational performance improvement – today announced the formation of a first-of-its-kind cardiovascular-focused ASC company. Together, Atlas and MedAxiom will transform cardiovascular care by expanding access to high quality, patient-centered heart care in ASCs.
Cardiology, which has long been on the forefront of healthcare innovation by embracing transformative technologies and trends, is seeing a rapid shift of care to ASCs. The new company will collaborate with health systems and physicians to improve patient outcomes, experience, and access to cardiovascular care in ASCs. Atlas will lead ASC development and management while MedAxiom will oversee cardiovascular ASC clinical and operational outcomes.
Atlas, the fastest growing company in the ASC industry, takes a highly integrated approach with its health system and physician partners by focusing on aligning physicians and ASCs with the health system's delivery network and strategy.
"We're very excited about the opportunity to partner with MedAxiom," said Aric Burke, Atlas CEO. "MedAxiom has an excellent national reputation as the cardiovascular performance management leader. Together, we will bring a new level of cardiovascular ASC expertise and experience to health systems and physicians throughout the country."
As the leader in cardiovascular operational excellence and performance improvement, MedAxiom unites cardiovascular programs, leaders and industry partners to achieve the Quadruple Aim of high-quality outcomes, lower costs, enhanced patient experience and high physician satisfaction. MedAxiom is shaping the future of cardiovascular care by bridging technology, innovation and care delivery.
"MedAxiom's mission to transform cardiovascular care and improve heart health requires novel strategies and strong partnerships," said Jerry Blackwell, MD, MBA, FACC, MedAxiom president and CEO. "With a clear line of vision into the evolution of ASC service lines, Atlas is a proven leader and authority in outpatient care. By coupling Atlas' extensive ASC experience with MedAxiom's cardiovascular-specific expertise, health systems and physicians looking to expand into the outpatient procedure space now have a solution."
Marc Toth has been named the Atlas Cardiovascular Market president and will lead strategy and business development for the new partnership. The Atlas vice president of Cardiovascular Development, Trey Domann, will lead development efforts with health systems and cardiology groups.
Atlas Healthcare Partners (Atlas) specializes in the development and management of ambulatory surgery centers (ASCs). Atlas was formed in 2018 to develop and manage Banner Health's ASC network in Arizona, Colorado and Wyoming. Over a four-year period, Atlas has helped Banner more than triple its ASC network from 8 to 27 ASCs, which has significantly increased its market share and expanded its ASC service line offerings. Atlas now partners with additional health systems to develop and manage ASC networks in their markets. Atlas has a unique value proposition through its commitment to health system integration and physician partnerships. For more information, visit www.atlashp.com.
MedAxiom, an ACC Company, is the cardiovascular community's premier source for organizational performance solutions. MedAxiom is transforming cardiovascular care by combining the knowledge and power of 450+ cardiovascular organization members, thousands of administrators, clinicians and coders and 40+ industry partners. Through the delivery of proprietary tools, smart data and proven strategies, MedAxiom helps cardiovascular organizations achieve the Quadruple Aim of better outcomes, lower costs, improved patient experience and improved clinician experience. For more information, visit www.medaxiom.com.
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SOURCE Atlas Healthcare Partners | https://www.kxii.com/prnewswire/2022/06/28/atlas-healthcare-partners-medaxiom-announce-first-of-its-kind-cardiovascular-asc-solution/ | 2022-06-28T13:26:48Z |
GREENBELT, Md., Aug. 16, 2022 /PRNewswire/ -- Yesterday Joseph, Greenwald & Laake, P.A., filed a Complaint (Cosmann v. Booz Allen Hamilton Inc.) to hold national consulting firm Booz Allen Hamilton (NYSE: BAH) accountable for refusing to provide reasonable accommodations for an employee's disability, actively preventing her from seeking additional billable client projects, and then ultimately terminating her employment as a result. The lawsuit seeks relief for unlawful disability discrimination and retaliation in violation of the Americans with Disabilities Act as amended ("ADA") and the Virginia Values Act ("VVA").
The Complaint alleges the following: Plaintiff Deirdre N. Cosmann alleged in the Complaint that she was a long time, high performing employee of Defendant Booz Allen Hamilton, all until she encountered a new manager who did not want to accommodate her disability. Ms. Cosmann was diagnosed with migraines and required telework approximately six to eight days a month for her disability. Booz Allen granted this accommodation back in 2013, but in the Complaint, Ms. Cosmann alleges that when she moved on to a new project in June 2019 her new "Job Manager" refused to abide by the existing accommodation, despite Ms. Cosmann's disability needs and the fact that other employees on the project teleworked. Ms. Cosmann alleges in the Complaint that the Job Manager intentionally scrutinized her work, berated her in front of her client and colleagues, and demanded Ms. Cosmann show detailed activity logs of her time spent teleworking, a requirement not extended to any other teleworking employee. According to the Complaint, Ms. Cosmann continued to request accommodations for her disability and escalated the issue with official complaints to Booz Allen, but the company did not intervene. Ms. Cosmann alleges that Booz Allen removed her from her project and then refused to consider her for other jobs due to her need for telework.
According to Ms. Cosmann as detailed in the Complaint, when Booz Allen switched to full time telework due to the onset of the COVID-19 pandemic in early 2020, Booz Allen still did not accommodate, and denied Ms. Cosmann the telework benefits it provided to all other employees. Booz Allen allegedly insisted that Ms. Cosmann (and only Ms. Cosmann) could not work at Booz Allen jobs due to her need to telework, and unceremoniously terminated her in the midst of the pandemic.
As outlined in the Complaint, filed in federal court, Booz Allen's actions were in direct violation of the ADA. Additionally, Booz Allen blatantly disregarded its commitment to The Federal Procurement Policy, which "permit[s] telecommuting by employees of Federal Government contractors in the performance of contracts entered into with executive agencies," and Booz Allen's obligations under the Federal Acquisition Regulations, which state that a federal "agency shall generally not discourage a contractor from allowing its employees to telecommute in the performance of Government contracts." Booz Allen also did not abide by its Contract and Preliminary Work Statement with the federal government (Ms. Cosmann's client), which did not prohibit telework.
"Booz Allen repeated denial of Ms. Cosmann's requests for reasonable accommodations for her disability is nothing short of a blatant refusal to comply with federal anti-discrimination laws. Booz Allen failed Ms. Cosmann at every stage, from repeatedly denying her accommodations, allowing her Job Manager to retaliate against her, removing her from her project just two weeks after she finally got a formal reasonable accommodation in place, refusing to consider her for jobs because she needed episodic telework, and then terminating her due to her disability," said Michal Shinnar, Senior Counsel at Joseph Greenwald & Laake, PA, and co-counsel for Ms. Cosmann. "Booz Allen should have had systems in place to stop all of this misconduct and ensure its employee received equal treatment and accommodations. But, instead, Booz Allen at all levels condoned these blatant violations of the ADA. We believe a jury will agree that Booz Allen acted unlawfully and will award Ms. Cosmann with the proper damages."
"Booz Allen denied Ms. Cosmann the telework benefits it gave to other employees during the COVID-19 pandemic, removed her from a major contract despite protests from the client, refused to give her new work, and terminated her in early 2020 even when Booz Allen had instituted a company-wide policy to not lay off employees until July 2020," said Lenore Garon of the Law Office of Lenore Garon, PLLC, and co-counsel for the Plaintiff. "No employee should have been fired due to their need to occasionally telework for a disability at a time when everyone in the company was teleworking due to COVID-19. It is evident that Booz Allen Hamilton actively penalized and targeted Ms. Cosmann for her disability which is a clear violation of the Americans with Disabilities Act."
To learn more about Joseph, Greenwald & Laake's Labor and Employment practice, click here.
Joseph, Greenwald & Laake, P.A., is one of the most trusted law firms serving Washington, D.C., and the suburban Maryland area. For more than 50 years, our law firm has represented a variety of clients, including individuals, small businesses and multimillion-dollar corporations. From simple to complex legal needs, our law firm is prepared to deliver strategic solutions with high standards. Call or e-mail us at Joseph, Greenwald & Laake, P.A. to schedule a consultation with an experienced attorney. We offer reliable counsel on how best to proceed and what your rights and responsibilities are.
Media Contact:
Lauren Smith, MBA
media@jgllaw.com
(202) 656-1774
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SOURCE Joseph Greenwald and Laake | https://www.wibw.com/prnewswire/2022/08/16/booz-allen-hamilton-sued-blatant-refusal-follow-federal-antidiscrimination-laws-retaliating-against-employee-with-disability/ | 2022-08-16T16:13:35Z |
DALLAS, July 12, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) will issue its second quarter 2022 results on Tuesday, July 26 with a news release issued via PR Newswire and First Call at approximately 6:30 a.m. CDT.
In addition to the news release, the company will make available prepared management remarks from Kimberly-Clark's Chairman and CEO Mike Hsu and CFO Nelson Urdaneta at approximately 7 a.m. CDT. These materials, as well as a link to the company's live question and answer webcast for analysts at 9 a.m. CDT, will be provided through the Investors section of Kimberly-Clark's website at www.kimberly-clark.com.
Kimberly-Clark will continue to post the date of future quarterly earnings releases and related webcasts on its website. Interested stockholders and others should monitor the website for these announcements.
About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold the No. 1 or No. 2 share position in 80 countries. We use sustainable practices that support a healthy planet, build stronger communities, and ensure our business thrives for decades to come. To keep up with the latest news and to learn more about the company's 150-year history of innovation, visit kimberly-clark.com.
[KMB-F]
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SOURCE Kimberly-Clark Corporation | https://www.kxii.com/prnewswire/2022/07/12/kimberly-clark-announces-schedule-second-quarter-2022-financial-results/ | 2022-07-12T18:46:53Z |
Study: Ohio ideal place to build hydrogen industry
Ohio is an optimal location to develop the hydrogen industry, according to a new study commissioned by JobsOhio and the Stark Area Regional Transit Authority.
The state has a plentiful supply of natural gas, as well as energy from nuclear, solar, wind and even biomass sources like landfills that can be used in the process to produce hydrogen, Cleveland State University researchers concluded in the report "Developing a Hydrogen Economy in Ohio: Challenges and Opportunities."
SARTA is a founding member of the Ohio Clean Energy Hub Alliance, which wants to create a hydrogen hub in the region.
The study, which was released earlier this month, also noted that the state's natural gas pipelines can be repurposed to more cheaply transport hydrogen, which can be costly to move by truck. Ohio has several industries that would find it efficient and economical to use hydrogen in manufacturing and to fuel heavy-duty zero-emission vehicles that use fuel cells like buses, forklifts and trucks. And Ohio has the storage capacity and manufacturing applications to capture the carbon emitted when using natural gas to make hydrogen.
More:SARTA seeks to build support for hydrogen hub in Ohio
The 75-page study projected higher demand for hydrogen whether the federal or state government mandates zero-carbon emissions.
But the study by Mark Henning and Andrew R. Thomas of the Midwest Hydrogen Center of Excellence at Cleveland State also points out the challenges of adopting hydrogen. Hydrogen is more costly to store and transport than other energy sources. The two wrote that for hydrogen to be viable and eventually carbon free decades down the road, Ohio's hydrogen development must have an "all of the above" approach.
The cost of extracting natural gas to make the hydrogen will eventually increase as the Utica Shale's natural gas reserves are drained decades from now. That will require a transition to other energy sources, which for now require a higher cost to make hydrogen and are not yet as plentiful. And using natural gas to make hydrogen results in the emission of carbon, which has to be mitigated to be a true carbon-free technology that reduces climate change.
The study did not do an in-depth analysis of establishing a hydrogen industry in other states.
"So it's basically a point to start a discussion of what the needs of the state are in the future," said Kirt Conrad, the CEO of SARTA C, a major local proponent of hydrogen and fuel-cell technology.
Conrad said the study contains information proponents can cite when arguing for Ohio's government to invest in developing the state's hydrogen industry. It also can be used to persuade the U.S. Department of Energy that Ohio should get $2 billion in funding from the infrastructure bill passed by Congress in November to develop a hydrogen hub.
The Ohio Clean Energy Hub Alliance has scheduled a press conference at the Ohio Chamber of Commerce Thursday afternoon to release details of its campaign and application for the federal funding later this year.
Conrad said his agency and JobsOhio paid about $60,000 for the study. He said SARTA used federal grant funds. SARTA has 20 fuel-cell vehicles powered by hydrogen, with another to be delivered within four weeks. Its Gateway headquarters in Canton has the only publicly available hydrogen fueling station in Ohio.
Hydrogen-powered fuel-cell vehicles and battery-powered electric vehicles can co-exist in the drive toward transitioning to zero-emission vehicles, Conrad said.
Reach Robert at (330) 580-8327 or robert.wang@cantonrep.com. Twitter: @rwangREP. | https://www.cantonrep.com/story/news/2022/04/26/study-ohio-has-infrastructure-industries-develop-hydrogen-hub-sarta-cleveland-state/7450902001/ | 2022-04-26T16:40:35Z |
White Castle also introduces "Cheesy 10 Sack," a special price for 10 cheese sliders,
giving cravers great taste at a great value
COLUMBUS, Ohio, Sept. 2, 2022 /PRNewswire/ -- Just four months after launching The 1921 Slider, White Castle is introducing two new taste-tempting variations to the burger that has proven to be a favorite among cravers.
Beginning today, the 1921 BBQ Bacon Slider and the 1921 Ghost Slider will join White Castle's menu of hot-and-tasty sliders.
Like The 1921 Slider, both variations are thick, juicy 100% beef patties, seared and seasoned to perfection, topped with lettuce, pickles, a slice of Roma tomato, and grilled caramelized onions, and served on White Castle's signature bun. The 1921 BBQ Bacon Slider also features bacon, smoked cheddar cheese and Sweet Baby Ray's Honey BBQ Sauce. For those who crave the heat, the 1921 Ghost Slider includes a slice of ghost pepper cheese, a creamy jack cheese infused with flakes of ghost peppers, one of the hottest peppers on the planet.
"White Castle has been well-known for its slider innovations over the years, and these two new versions of our 1921 Slider reflect our desire to keep our crave-ability quotient going strong," said Jamie Richardson, vice president at White Castle. "We think people of great taste everywhere are going to love these new twists to such a classic burger."
White Castle, a 101-year-old family-owned business, introduced The 1921 Slider as a permanent menu item in late spring as a way to honor the burger that launched the fast-food industry. In 1921, White Castle founder Billy Ingram had the idea of making a hamburger by pressing a beef meatball into a flat, circular patty, and later even invented an industrial strength spatula to press the meatball more easily on the grill. That's how the iconic White Castle slider came to be.
The 1921 Ghost Slider and the 1921 BBQ Bacon Slider will be available through the end of November.
There's more big news coming from White Castle besides the two new 1921 Sliders. Between now and November 27, White Castle is offering its Cheesy 10 Sack for just $8.99 ($9.99 in New York, New Jersey and Scottsdale).
As the name suggests, the Cheesy 10 Sack features 10 delicious cheese sliders. Customers can pick either American, spicy jalapeño, smoked cheddar or the new, smoking-hot ghost pepper cheese.
"Our Cheesy 10 Sack is a terrific value, providing Cravers with a hot and tasty, affordable meal," Richardson said.
White Castle is also introducing two Coca-Cola Freestyle soft drinks to celebrate its standing as the after-hours scene for food and fun. Sprite Midnight, a mix of the familiar lemon-lime taste of Sprite and delicious berry and grape flavors, is the perfect complement to any slider and will help keep the late-night party going. Powerade Midnight, featuring the refreshingly smooth taste of grape and a citrusy splash of lemonade, is an ideal choice to rehydrate after a night of fun.
White Castle, America's first fast-food hamburger chain, has been making hot and tasty Sliders as a family-owned business for 101 years. Based in Columbus, Ohio, White Castle started serving The Original Slider® in 1921. Today White Castle owns and operates more than 350 restaurants dedicated to satisfying customers' cravings morning, noon and night and sells its famous fare in retail stores nationwide. The Original Slider, named in 2014 as Time magazine's "Most Influential Burger of All Time," is served alongside a menu of creatively crafted Sliders and other mouthwatering food options, including White Castle's Impossible™ Slider, named by Thrillist in 2019 as the "Best Plant-Based Fast-Food Burger." White Castle's commitment to maintaining the highest quality products extends to the company owning and operating its own meat processing plants, bakeries and frozen-food processing plants. In 2021, 100 years after the first Slider was sold, Fast Company named the fast-food pioneer one of the "10 Most Innovative Dining Companies." White Castle is known for the legendary loyalty of its team members, more than 1 in 4 of whom have worked for White Castle for at least 10 years, and also for its faithful fans ("Cravers"), many of whom compete each year for entry into the Cravers Hall of Fame. The official White Castle app, available at iTunes App Store or Google Play, makes it easy for Cravers to access sweet deals and place pickup orders at any time. They can also have their orders delivered using one of White Castle's delivery partners. For more information on White Castle, visit whitecastle.com.
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SOURCE White Castle | https://www.mysuncoast.com/prnewswire/2022/09/02/white-castle-adds-1921-slider-line-up-with-two-new-great-tastes-available-limited-time/ | 2022-09-02T12:42:09Z |
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Unilever PLC (NYSE: UL) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of all persons who purchased or otherwise acquired Unilever American Depositary Receipts between September 2, 2020 and July 21, 2021, inclusive.
Lead Plaintiff Deadline: August 15, 2022
No obligation or cost to you.
Learn more about your recoverable losses in UL:
https://www.kleinstocklaw.com/pslra-1/unilever-plc-loss-submission-form?id=30640&from=4
CLASS ACTION CASE DETAILS: The filed complaint alleges that Unilever PLC made materially false and/or misleading statements and/or failed to disclose that: a) in July 2020, the board of Ben & Jerry's, one of Unilever's marquee brands, passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" ; and b) this boycott decision risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Unilever you have until August 15, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Unilever securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the UL lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/unilever-plc-loss-submission-form?id=30640&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/08/09/ul-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-15-2022-class-action-filed-behalf-unilever-plc-shareholders/ | 2022-08-09T16:49:32Z |
CLEVELAND, July 27, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the pricing of its previously announced offering of $725 million in aggregate principal amount of senior notes due 2030 (the "notes") in an offering exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The notes will bear interest at an annual rate of 7.125% and will be issued at a price of 100% of their principal amount. The closing of the notes offering is expected to occur on August 10, 2022, subject to customary closing conditions.
Avient intends to use the net proceeds from the offering, along with borrowings under a new term loan and cash on hand, to finance its pending acquisition from Koninklijke DSM N.V. ("Royal DSM") of (a) all of the equity of DSM Protective Materials International B.V., DSM Protective Materials B.V., and DSM Protective Materials LLC, and (b) certain other assets related to Royal DSM's protective materials business (including the Dyneema® Brand) (the "Acquisition"), as well as pay for expenses related to the Acquisition and the financing.
The closing of the offering is expected to occur prior to, and is not conditioned upon, the consummation of the Acquisition. The notes will be subject to a "special mandatory redemption" if (i) the Acquisition is not consummated on or prior to April 19, 2023 or (ii) prior to April 19, 2023, the purchase agreement is terminated, other than in connection with the consummation of the Acquisition, and is not otherwise amended or replaced. If a special mandatory redemption event occurs, Avient will be required to redeem the notes at the "special mandatory redemption price" equal to 100% of the aggregate principal amount thereof together with accrued and unpaid interest, if any, on the notes from the date of initial issuance or the last date on which interest has been paid up to, but not including, the special mandatory redemption date.
The notes will be offered only to persons believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-U.S. persons in reliance on Regulation S of the Securities Act. The notes will not be and have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Avient
Avient Corporation (NYSE: AVNT) provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Avient's products include specialty engineered materials, advanced composites, color and additive systems and polymer distribution. Avient is also a highly specialized developer and manufacturer of performance enhancing additives, liquid colorants and fluoropolymer and silicone colorants.
Forward-Looking Statements
In this press release, statements that are not reported financial results or other historical information are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including without limitation, any supply chain and logistics issues; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; any material adverse changes in the acquired DPM protective materials business; our ability to achieve the strategic and other objectives relating to the Acquisition and the possible sale of the Distribution business segment; and other factors described in our Annual Report on Form 10-K for the year ended December 31, 2021 under Item 1A, "Risk Factors." The above list of factors is not exhaustive.
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
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SOURCE Avient Corporation | https://www.mysuncoast.com/prnewswire/2022/07/27/avient-announces-pricing-725-million-7125-senior-notes-due-2030/ | 2022-07-27T22:50:52Z |
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The three White men who killed Ahmaud Arbery each could receive another life sentence on August 8, when they are due to appear in federal court in Georgia to learn how they will be punished for convictions on hate crime charges.
The three White men who killed Ahmaud Arbery each could receive another life sentence Monday, when they are due to appear in federal court in Georgia to learn how they will be punished for convictions on hate crime charges.
Travis McMichael, his father Gregory McMichael and their neighbor William "Roddie" Bryan were found guilty in February of interference of rights -- a federal hate crime -- and attempted kidnapping in connection with the 25-year-old Black man's 2020 killing, with the jury accepting prosecutors' argument the defendants acted out of racial animus toward Arbery.
Travis McMichael, who fatally shot Arbery, was also found guilty of using and carrying a Remington shotgun while his father, Gregory was found guilty of using and carrying a .357 Magnum revolver.
For their federal convictions, the McMichaels and Bryan could face additional life sentences and steep fines. To make their case, federal prosecutors focused on how each defendant had spoken about Black people in public and in private, using inflammatory, derogatory and racist language.
Prosecutors and Arbery's family had said he was out for a jog -- a common pastime for the former high school football player -- on February 23, 2020, when the defendants chased and killed him in their neighborhood outside Brunswick, Georgia.
Defense attorneys argued the McMichaels pursued Arbery in a pickup truck through neighborhood streets to stop him for police, believing he matched the description of someone captured in footage recorded at a home under construction. Prosecutors acknowledged Arbery had entered the home in the past, but he never took anything.
The defense also argued Travis McMichael shot Arbery in self-defense as they wrestled over McMichael's shotgun. Bryan joined the pursuit in his own truck after seeing the McMichaels follow Arbery in their pickup as he ran; Bryan recorded video of the shooting.
Two prosecutors initially instructed Glynn County police not to make arrests, and the defendants weren't arrested for more than two months -- and only after Bryan's video of the killing surfaced, sparking the nationwide outcry.
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accounts, the history behind an article. | https://www.albanyherald.com/news/ahmaud-arberys-killers-are-set-to-be-sentenced-today-on-federal-hate-crime-convictions/article_cc30a45d-906e-57bd-9f06-328f25966f12.html | 2022-08-08T13:33:34Z |
BOGOTA, Colombia (AP) — Colombian presidential front-runner Gustavo Petro pledged on Monday that he will not expropriate private property if he wins the nation’s presidency this year as critics in the South American country accuse the leftist candidate of wanting to make radical changes to the country’s economy.
Petro made the electoral promise in a public notary in Bogota, where he signed a document that said that “nothing or nobody will be expropriated” if he becomes president. In the document, Petro said he was obliged to make the unusual pledge, because his campaign has been tarnished by “lies and fear mongering.”
“The campaign for profound and true change in Colombia is being attacked constantly with rumors and misinformation,” the document read. “With clarity, I affirm that my proposal to transform this country is not based on, or includes any kind of expropriation.”
As the presidential race in Colombia enters its final month, Petro’s opponents have accused him of wanting to implement economic policies similar to those of Hugo Chavez. The former Venezuelan president nationalized dozens of industries, eroded the independence of his country’s central bank and imposed exchange controls as he vastly increased the government’s role in the economy.
In recent years, almost two million Venezuelans have fled to Colombia to escape their country’s economic troubles — including hyperinflation and the lowest wages in South America — which makes comparisons to Venezuela relevant among many voters in Colombia.
In presidential debates, Petro, who formerly described Chavez as a “great Latin American leader,” has distanced himself from the Venezuelan economic model, affirming that it relied too heavily on oil income. He’s added that if he becomes president he would like to promote alternative sources of energy and agricultural growth.
Petro is currently leading presidential polls in Colombia as the country reels from high unemployment rates, growing rates of poverty and a sluggish recovery from the pandemic that led to massive protests last year.
The senator obtained an 11 point lead over his closest rival in a survey conducted during the first week of April by the Centro Nacional de Consultoria polling firm, but is still short of the 50 percent required to win the May 29 election without a run off.
Petro leads a coalition of leftist parties known as the Historical Pact that has promised to increase corporate taxes, slow down oil exploration and put tariffs on some imported goods, to benefit local farmers.
German Navas, a law professor and congressman for the leftist Polo Democratico party, said on Colombia’s Blu Radio that the document signed by Petro at the notary on Monday is not legally binding, but is meant to clarify his positions.
In his campaign manifesto Petro does not mention the word expropriation but has promised to “democratize” access to land in Colombia by increasing taxes on large rural estates that are deemed unproductive.
The candidate has said that landowners who do not wish to pay the new fees can instead hand some of their land over to the government as payment. It will then be distributed among landless peasants or people who were displaced from their villages by decades of violence in the countryside.
Petro has also promised to reform the nation’s pension system by transferring the savings of people making less than two monthly minimum wages from privately run companies into a state-owned pension fund. The changes would shake up the pensions system, as they would affect a majority of the nation’s contributors, and some critics have likened them to nationalizing pension funds.
Petro said that these changes would help to provide payments to millions of people who are currently not covered by the system. | https://cw33.com/news/international/ap-international/colombian-candidate-says-he-wont-nationalize-property/ | 2022-04-19T10:51:57Z |
US Navy can no longer separate service members who are unvaccinated and sought religious exemption, federal judge rules
By Ellie Kaufman, CNN
The US Navy can no longer separate service members who are unvaccinated and have sought a religious exemption from getting a Covid-19 vaccine, a federal judge in Texas ruled on Monday.
A group of Navy SEALs brought the original suit against the US government last fall after the US military implemented a Covid-19 vaccine mandate. The group of SEALs asked that they not be reprimanded or denied deployments because they had requested a religious exemption to not be inoculated against the coronavirus, and it had not been granted yet.
In January, the lawyers representing the Navy SEALs filed a class action request, asking that all US Navy service members who have requested religious exemptions, over 4,000 of them, not be reprimanded or separated from service for requesting a religious exemption.
The federal judge from the Northern District of Texas, Reed O’Connor, granted the class action request in a court filing on Monday.
The Supreme Court last week agreed to temporarily freeze part of the lower Northern District of Texas court’s opinion requiring the Navy to deploy the Navy SEALs in the case, even though they remained unvaccinated per their religious exemption request. In O’Connor’s filing granting the class action, he issued an order in line with that Supreme Court move and said that the Navy could still take into account the service members’ vaccination status in deployment decisions.
While the Navy can no longer separate service members for requesting a religious exemption to remain unvaccinated, the Navy is not required to deploy unvaccinated service members, per the Supreme Court’s ruling.
The Navy released updated guidance to comply with the district court order granting the class action request on March 30. In accordance with the court order, the Navy will not impart any “adverse administrative consequences” on service members who have requested religious exemption from the Covid-19 vaccine.
According to a news release from the Navy, 4,282 active-duty US Navy service members and 3,267 US Navy Ready Reserve service members remain unvaccinated as of March 30, and as of March 24, the Navy has separated 732 members from the service for “refusing the COVID-19 vaccine.”
There have been 4,187 religious accommodation requests from active-duty US Navy service members and US Navy reserve members, the release said. There have been zero religious exemptions granted for active-duty or reserve Navy service members.
The deadline for active-duty US Navy service members to be fully vaccinated against Covid-19 had been November 28, 2021 and for reserve members, it was December 28, 2021.
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CNN’s Tierney Sneed contributed to this report. | https://localnews8.com/politics/cnn-us-politics/2022/03/31/us-navy-can-no-longer-separate-service-members-who-are-unvaccinated-and-sought-religious-exemption-federal-judge-rules/ | 2022-04-01T04:18:23Z |
NEW YORK, May 23, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Digital Turbine, Inc. ("Digital Turbine" or the "Company") (NASDAQ: APPS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Digital Turbine and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 17, 2022, Digital Turbine issued a press release "announc[ing] . . . that it will restate its financial statements for the interim periods ended June 30, 2021, September 30, 2021, and December 31, 2021, following a review of the presentation of revenue net of license fees and revenue share for the Company's recently acquired businesses." Digital Turbine specified that "[t]he revenue for certain product lines of the recently acquired businesses, which are separate reportable segments, will now be reported net of license fees and revenue share, rather than on a gross basis, as had been previously reported. The changes have the offsetting effect of decreasing both revenue and license fees and revenue share in a like amount, while simultaneously increasing reported gross profit margin and Non-GAAP Adjusted EBITDA margin, in the interim financial statements for each relevant period. There is no change to the previously reported GAAP income from operations, GAAP net income/loss, Non-GAAP gross profit, Non-GAAP Adjusted EBITDA and Non-GAAP free cash flow results. Restated interim consolidated financial statements for each of the affected quarters will be filed as amendments to the respective Company's Form 10-Q filings with the Securities and Exchange Commission on or before May 31, 2022."
On this news, Digital Turbine's stock price fell $1.93 per share, or 7.09%, to close at $25.28 per share on May 18, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/05/23/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-digital-turbine-inc-apps/ | 2022-05-24T00:30:24Z |
Deal Involves 500+ Acres and 84+ MW of Community Solar Projects in New York
ROCKVILLE, Md., Aug. 1, 2022 /PRNewswire/ -- SolaREIT, a solar real estate investment fund, has executed agreements totaling $12.2 million for solar land with developer Norbut Solar Farms. The deal involves four projects across 500+ acres of land in New York on which are sited more than 84 megawatts (MW) of community solar. SolaREIT, which launched in late 2020, provides an innovative model for financing solar land and offers options to compensate landowners for utilizing their land to host solar farms.
"We're excited to work with Norbut Solar Farms to grow their business by financing their land holdings. Dave Norbut and his team have been developing projects throughout New York for more than two decades and are one of the most well-respected developers in the state. Solar projects require large expanses of land and lease payments that tie-up capital and increase costs for developers. Now more than ever, developers need financial flexibility, so they can focus on doing what they do best—develop solar projects," said Laura Pagliarulo, President of SolaREIT.
"SolaREIT is providing valuable financial innovation and flexibility to the solar development industry. We are accessing capital through this deal, which will fuel the expansion of our early-stage solar development efforts across New York. Financial innovation has helped expand residential solar over the past decade; now SolaREIT is bringing innovation to community solar development," said Dave Norbut, Norbut Solar Farms.
Community solar development is land and capital intensive. SolaREIT can offer alternative options to developers and project owners that free up capital or reduce their lease costs. Last year, SolaREIT announced their "Pre-Paid Solar Land Lease" allowing solar developers to provide landowners with up-front payment for up to 30-years of lease payments.
About SolaREIT: SolaREIT, based in Rockville, Maryland, focuses on making investments in acquiring, developing, and managing climate-friendly solar assets that support the transformation to a low-carbon economy. We aim to provide unique products to clients while generating attractive returns for our investors. For more information, please visit www.solareit.com.
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SOURCE SolaREIT | https://www.kxii.com/prnewswire/2022/08/01/solareit-closes-12-million-land-deals-with-norbut-solar-farms/ | 2022-08-01T13:04:34Z |
31 Patriot Front members arrested near Idaho pride event
(AP) - Authorities arrested 31 members of the white supremacist group Patriot Front near an Idaho pride event Saturday after they were found packed into the back of a U-Haul truck with riot gear.
The men were standing inside the truck wearing khakis, navy blue shirts and beige hats with white balaclavas covering their faces when Coeur d’Alene police stopped the U-Haul and began arresting them on the side of the road.
“They came to riot downtown,” Coeur d’Alene Police Chief Lee White said at a news conference.
All 31 were charged with conspiracy to riot, a misdemeanor, White said. The men were going through the booking process Saturday afternoon and are scheduled to be arraigned on Monday, he said.
Based on evidence collected and documents, authorities found that the group was planning to riot in several areas of downtown, not just the park, White said.
Police found riot gear, one smoke grenade, shin guards and shields inside the van, White said. They wore arm patches and logos on their hats that identified them as members of Patriot Front, he said.
Police learned about the U-Haul from a tipster, who reported that “it looked like a little army was loading up into the vehicle” in the parking lot of a hotel, White said. Officials spotted the truck soon after and pulled it over, he said.
Videos of the arrest posted on social media show the men kneeling on the grass with their hands zip-tied behind their backs.
“Reclaim America” was written on the back of one shirt.
Police led the men, one by one, to the front of patrol cars, took off their masks and then brought them to a police van.
Those arrested came from at least 11 states, including Washington, Oregon, Texas, Utah, Colorado, South Dakota, Illinois, Wyoming, Virginia, and Arkansas, White said.
Only one was from Idaho, he said.
The truck was stopped near where the North Idaho Pride Alliance was holding the Coeur d’Alene Pride in the Park event. Police had stepped up their presence in the area during the event.
“It appears these people did not come here to engage in peaceful events,” Kootenai County Sheriff Bob Norris told a Coeur d’Alene Press reporter.
Patriot Front is described by the Southern Poverty Law Center as “a white nationalist hate group” that formed after the deadly “Unite the Right” rally in Charlottesville, Virginia in 2017.
“Patriot Front focuses on theatrical rhetoric and activism that can be easily distributed as propaganda for its chapters across the country,” the Southern Poverty Law Center said of the group.
The group’s manifesto calls for the formation of a white ethnostate in the United States, the Southern Poverty Law Center said.
___
Bellisle reported from Seattle.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/12/31-patriot-front-members-arrested-near-idaho-pride-event/ | 2022-06-12T01:21:24Z |
Kensick to focus on enhancing customer experience, easing navigation and streamlining of verification times
MCLEAN, Va., July 7, 2022 /PRNewswire/ -- ID.me, Inc., the secure digital identity network, announced the appointment of David Kensick as Chief Experience Officer. In his new role, Kensick will focus on continuing to improve the customer experience for the over 90 million users of ID.me.
"With his experience managing the complexity of global flight operations for United Airlines, David has the ideal skill set to help ID.me continue to improve the video chat verification experience, ease navigation for users, and help enhance appointment features –so users spend even less time waiting in line," said Blake Hall, ID.me co-founder and CEO.
Kensick said, "It is critical that our customers who use ID.me – especially first-time users – have a positive time that flows as smoothly as possible. My background in the military and the airline industry will help ID.me identify friction points and smooth them out to deliver a safer and more convenient experience for the people we serve."
Kensick joined ID.me after working at United Airlines for over 20 years with an extensive operations background in process improvement, and predictive data analytics, most recently as Managing Director for United Airlines Global Operations Center, where he was responsible for the execution of over 4000 daily flights.
Kensick also served in the U.S. Air Force for over 20 years as an F-16 pilot and holds an MBA from the University of Chicago Booth School of Business. In his role at ID.me, David will focus on maintaining low wait times as the network continues to grow and finding ways to make the experience even better for our users.
About ID.me
The ID.me secure digital identity network includes partnerships in 30 states, 10 federal agencies, and over 500 name-brand retailers. The company provides identity proofing, authentication and group affiliation verification for organizations across sectors. The company's technology meets the federal standards for consumer authentication and is approved as a NIST 800-63-3 IAL2 / AAL2 conformant credential service provider by the Kantara Initiative. ID.me's Identity Gateway also maintains a Federal Risk and Authorization Management Program (FedRAMP) Moderate Authority to Operate (ATO). ID.me strives towards its mission of "No Identity Left Behind" to enable all people to have secure access to services. To learn more, visit https://www.ID.me
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SOURCE ID.me | https://www.wibw.com/prnewswire/2022/07/07/idme-names-david-kensick-chief-experience-officer/ | 2022-07-07T17:10:20Z |
RTC Women in Tech Fund to provide rapid-access funding for as many as 1,000 low-income women pursuing computing degrees and careers.
DURHAM, N.C., Aug. 1, 2022 /PRNewswire/ -- Today, Rewriting the Code (RTC) and Last Mile Education Fund released the RTC Women in Tech Fund, a $1.5M collaborative fund that will invest in degree completion for undergraduate women in computing facing financial obstacles to graduation.
Funds are awarded to female-identifying college undergraduates within four semesters of completing a computing-related degree. Though enrollment in computing degree programs is growing, many students don't make it over the finish line to graduation. Nationally, less than 20% of students from the bottom two income quartiles earn a degree within six years of starting college, and financial obstacles are often the cause.
"It's a critical period where traditional financial aid and scholarships dwindle or run out alongside growing costs associated with adult independence," Sue Harnett, founder and president of Rewriting the Code, said. "What many consider minor trip-ups—a dying computer or broken-down car—can completely pull low-income, often marginalized students out of a degree program."
In addition to unforeseen crises and basic living expenses like bills, groceries, housing, and transportation, low-income students in computing often can't afford to participate in critical resume- and skill-building activities like clubs, conferences, hack-a-thons, and even paid internships that require an upfront investment in relocation.
The fund will provide rapid-turnaround mini-grants to address urgent needs, and larger grants to cover catastrophic events, access to opportunities, and tuition shortfalls. Applications are open now to members of Rewriting the Code.
Isha Brown is an RTC member who received a grant from Last Mile in March. She said the impact of someone believing in her future as a female technologist is significant.
"Their generous grant covered my housing costs for the Spring semester, allowing me to focus on my studies. I was able to carry a full course load so I can graduate later this year with a degree in software development!" she said. "As a first-generation college student, I never imagined I would get this far! Learning to code and having the privilege of education has changed my life."
Last Mile's first-of-its-kind approach, launched in late 2019, has garnered attention from media outlets like CNBC, Forbes, Reuters, and TechCrunch. The RTC Women in Tech Fund, seeded with an initial $1.5 million from Goldman Sachs, joins a portfolio of Last Mile partners and investors that includes Microsoft, philanthropist Ken Griffin, Capital One, SAP, AnitaB.org, CodePath, and Breakthrough Tech, among others.
"What we're doing isn't charity. It fills the half-million-engineer gap and creates gender and cultural diversity that we know drives innovation," Ruthe Farmer, CEO and founder of Last Mile, said. "An investment in the last mile of a student's journey to a technical degree is an extremely light lift that profoundly accelerates their ability to become high-earning, economy-building technologists," she added. "It's the difference between having more technical assets in the workforce and not having them. Right now, we need them more than ever."
Last Mile Education Fund has set an ambitious goal to invest $60M in 30,000 striving tech and engineering students over the next decade. That number is estimated to produce more than $2.5Bn in wages, increase social mobility for low-income students and their families, and address the talent and diversity crises in tech.
Read more at rewritingthecode.org/women-in-tech-fund.
Rewriting the Code is a 501(c)(3) nonprofit organization that has developed a community of exceptional college and early-career women passionate about technology. RTC empowers women to become the next generation of engineers and tech leaders by providing community, industry education, professional and personal development, and hands-on experience through partnerships with companies across North America. RTC's community comprises 15,500+ women—4,800+ undergraduates, 700 graduate students, and 10,000+ early-career professionals.
For additional information, visit RewritingtheCode.org and LinkedIn.
Last Mile Education Fund offers a disruptive approach to both social inequity and increasing diversity in technology by addressing critical funding gaps for low-income, underrepresented students within reach of a degree. Last Mile takes an abundance approach, investing in students demonstrating commitment to a technical degree, providing agile, just-in-time support for challenges they face beyond their control, and incubating them to be the next generation of innovators—because sometimes the last dollar invested is the most important of all. Since 2020, Last Mile has awarded over 1,600 grants. Last Mile grantees are 40% Black, 25% Hispanic, 16% Asian, 9% White, and 2% Native American.
For additional information, visit LastMile-ed.org and Twitter.
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SOURCE Rewriting the Code | https://www.mysuncoast.com/prnewswire/2022/08/01/new-collaborative-fund-invest-undergraduate-women-computing/ | 2022-08-01T10:54:47Z |
Missouri to connect statewide finance and HR systems by moving to the cloud, increasing productivity, reducing costs, and improving employee experience
VIRGINIA BEACH, Va., June 28, 2022 /PRNewswire/ -- Mythics™ has been selected as the partner to support the State of Missouri's decision to move to Oracle Fusion Cloud Applications Suite. The state will use Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Human Capital Management (HCM) to connect its statewide finance and HR systems, eliminating duplicative systems and standardizing processes. This will in turn, help improve transparency, reduce repetitive manual work, and increase efficiency across departments.
"The State of Missouri is looking forward to partnering with Mythics and Oracle for its new ERP solution after a thorough procurement process," said Stacy Neal, Director of Accounting, State of Missouri's Office of Administration. "Mythics and Oracle both have a long history and have demonstrated success in state government providing the ideal partnership to begin our modernization journey."
The state chose Oracle Fusion Applications after a thorough review of available solutions. In a scoring assessment of Oracle, SAP, Workday, Infor, and other solutions, Oracle Cloud ERP and Oracle Cloud HCM scored the highest in both software and hosting capabilities. Now, the state can utilize a cloud-based solution to deliver more modern functionalities while reducing the administrative burden of system fixes and upgrades, and improving alignment across state agencies. With the help of Mythics, Missouri expects to eliminate data silos to improve reporting, access to information across departments, and proactive decision-making with Oracle Fusion Applications. In addition, Missouri and Mythics will improve IT security with Oracle's consistent, automatic patching and benefit from the delivery of hundreds of new features every 90 days.
"Mythics is honored to support The State of Missouri with the replacement of its legacy statewide administration system with a full suite of Oracle Fusion Applications," says Mythics Sector President, Doug Altamura. "Mythics has a proven track record of helping the Public Sector solve large and complex business and IT challenges. We look forward to supporting the State with this important digital transformation initative and realize the benefits of Oracle's solutions."
"Government agencies are always looking to achieve more with limited resources; the more mundane and duplicative tasks that can be tackled by technology, the more resources can be dedicated to higher value work," said Gene Casciola, senior vice president of healthcare, higher education, and public sector at Oracle. "Using Oracle Cloud ERP and Oracle Cloud HCM, Missouri will benefit from a modern, integrated system to improve efficiencies across the state's agencies and free up resources to support their constituents."
To learn more about how you can transform and modernize your state's digital infrastructure, reach out to the experts at Mythics by emailing sales@mythics.com.
Mythics is an award-winning Oracle systems integrator, consulting firm, managed services provider and member of the Oracle PartnerNetwork representing Oracle product lines across cloud, software, support, hardware, engineered systems and appliances. Mythics delivers technology solutions serving the Federal Government, State and Local Governments, Commercial, Higher Education, Utilities and Healthcare sectors and is a trusted partner to organizations worldwide. For more information or to place an order, contact Mythics at 866-698-4427; email sales@mythics.com or visit https://www.mythics.com or @mythics on LinkedIn and Twitter.
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SOURCE Mythics, Inc. | https://www.kxii.com/prnewswire/2022/06/28/state-missouri-selects-mythics-inc-partner-support-move-oracle-fusion-cloud-applications/ | 2022-06-28T15:06:14Z |
SAN FRANCISCO , June 29, 2022 /PRNewswire/ -- Hagens Berman urges Inotiv, Inc. (NASDAQ: NOTV) investors who suffered significant losses to submit your losses now.
Class Period: Sept. 21, 2021 – June 13, 2022
Lead Plaintiff Deadline: Aug. 22, 2022
Visit: www.hbsslaw.com/investor-fraud/NOTV
Contact An Attorney Now: NOTV@hbsslaw.com
844-916-0895
Inotiv, Inc. (NASDAQ: NOTV) Securities Fraud Class Action:
The litigation challenges Inotiv's claims regarding its Envigo business, which the company acquired in Sept. 2021, including that Envigo maintained "high standards of animal welfare" at its Cumberland, Virginia facility and other animal testing sites.
Defendants misrepresented and concealed that: (1) the Cumberland facility engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and the Cumberland facility continuously violated the AWA; (3) Envigo and Inotiv didn't properly remedy issues with regard to animal welfare at Cumberland; (4) as a result, Inotiv was likely to face increased scrutiny and government action; (5) Inotiv would imminently shut down Cumberland; and, (6) Inotiv didn't perform proper due diligence of Envigo.
On May 20, 2022, Inotiv announced that on May 18 federal and state law enforcement conducted a search and seizure warrant on the Cumberland facility. The company also announced the DOJ sued Envigo for violations of the ACA.
On May 21, 2022, the court in the DOJ's case ordered a halt to violations of the AWA at Cumberland. The court's order observed that hundreds of beagle puppies died in the Cumberland facility (many of which were not given anesthesia before they were euthanized by intracardiac injection), nursing female beagles were denied food, and many puppies died from cold exposure. About 3 weeks later, Inotiv announced it was closing Cumberland.
These events sent the price of Inotiv shares crashing lower.
"We're focused on investors' losses and proving Inotiv misled investors about its adherence to animal welfare standards," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Inotiv and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding Inotiv should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email NOTV@hbsslaw.com.
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
FOR IMMEDIATE RELEASE
Contact:
Reed Kathrein, 844-916-0895
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SOURCE Hagens Berman Sobol Shapiro LLP | https://www.mysuncoast.com/prnewswire/2022/06/29/notv-alert-hagens-berman-national-trial-attorneys-encourages-inotiv-inc-notv-investors-with-significant-losses-contact-firms-attorneys-securities-fraud-case-filed/ | 2022-06-29T14:13:09Z |
BARCELONA, Spain, April 25, 2022 /PRNewswire/ -- The IOT Solutions World Congress (IOTSWC), the largest international event devoted to industry transformation through disruptive technologies, will hold its sixth edition from May 10 to 12 at Fira de Barcelona's Gran Via venue to give new impetus to the digital transformation of businesses and companies. Under the theme Game-changing technologies for industry transformation, IOTSWC will gather over 310 exhibitors with technological solutions that provide an edge to companies across many industries, and 200 speakers to discuss the latest trends in digital transformation through disruptive technologies.
Organised by Fira de Barcelona in partnership with the Industry IOT Consortium® (IIC™), the 2022 edition will showcase the solutions of 310 exhibiting companies including ABB, Altair, Amazon Web Services, BrainCube, Crowdstrike, Deloitte, Device Authority, EMnify, Faircom Corporation, Fiware, Hornet Security, Huawei, Kaspersky, KNX, Libellium, Palo Alto, Richardson RFPD, Relayr, Siemens, Sternum and Trellix, TXOne Networks.
Industry transformation reimagined
IOTSWC will structure its congress program in five themes that express a new cross-industry approach: Business optimization, Artificial Intelligence, Connectivity, Security and Customer Experience.
The list of speakers includes Ann Dunkin, Chief Information Officer at the US Department of Energy and author of Industrial Digital Transformation: Accelerate digital transformation with business optimization, AI, and Industry 4.0; Lucien Engelen, world-renowned innovator and founder and CEO Transform.Health; Shafi Ahmed, a colorectal surgeon, futurist and innovator; Hiroshi Yamamoto, Corporate VP of Digital Innovation Technology Center and Corporate Digitization at Toshiba; Mark Geckeler, DPP Alliance Head at the Volkswagen Group; Gunter Beitinger, Senior VP of Manufacturing & Head of Factory Digitalization at Siemens; Stuart Bashford, CTO at Buhler Group; Matthias Kuss, CEO, FMC Data Solutions at Fresenius Medical Care; Juha Pankakoski, Chief Digital Officer at Konecranes; and Jesper Toubol, VP of Operations – Moulding Production at Lego Group.
Testbed Area
IOTSWC will also feature a testbed with 10 examples of new services and solutions that are being developed and tested in real life conditions with the aim of being deployed in a scalable manner. The selected projects include solutions for the Automotive, Construction, Food, and Urban management sectors such as a smart refrigerator using AI cameras to reduce food waste and apply dynamic pricing, a digital twin service designed to implement a pay-per-use service for the Construction industry, and an intelligent heritage conservation system capable of anticipating asset maintenance needs through virtual reality and remote monitoring.
Photo - https://mma.prnewswire.com/media/1802849/IOTSWC.jpg
Logo - https://mma.prnewswire.com/media/659718/Fira_Barcelona_Logo.jpg
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SOURCE Fira de Barcelona | https://www.wibw.com/prnewswire/2022/04/25/iot-solutions-world-congress-2022-gives-new-impetus-digital-transformation-industries/ | 2022-04-25T15:08:57Z |
SCOTTSDALE, Ariz., May 18, 2022 /PRNewswire/ -- The Association of Marketing and Communication Professionals has named Amendola, a nationally recognized, award-winning healthcare and health IT public relations and marketing agency, as a Gold Winner in the 2022 Hermes Creative Awards competition. Amendola earned the award in the Strategic Campaigns category for a thought leadership program the agency executed on behalf of value-based care (VBC) administration pioneer HSBlox.
In a VBC system, providers such as hospitals and doctors are paid by health insurers based on patient outcomes rather than the current "fee-for-service" model. Ultimately, payers reward medical providers for helping patients become healthier.
The award-winning thought leadership campaign, which ran from February 2021 through February 2022, focused on raising awareness of data and payment exchange challenges—and solutions—associated with VBC models. Specifically, the program illustrated how HSBlox technology enables timely payment of services to social services agencies.
Amendola built a weekly cadence of media campaigns that included proactive, issues-based media pitching, company news and general thought leadership. Amendola successfully crafted new, creative story angles for media around emerging VBC models and secured briefings with top analyst firms covering payer markets.
The campaign yielded impressive results, including 17 briefings with eight analyst firms, 19 pieces of vendor-neutral content placed in high-value media outlets and five podcast appearances.
"The value-based care landscape is a crowded, competitive market that makes it difficult for any one player to stand out," agency CEO Jodi Amendola explained. "To set HSBlox apart, we targeted analysts and publications focused on value-based care and health equity and positioned HSBlox as an innovator and valued resource."
HSBlox solutions assist healthcare stakeholders at the intersection of value-based care and precision health with a secure, information-rich approach to event-based, patient-centric digital healthcare processes—empowering whole health in traditional care settings, the home and in the community.
"Our team's work armed HSBlox's sales leaders with high-value content to help move prospects through the sales funnel by underscoring the value of their digital infrastructure for success in a value-based care environment," Amendola said.
AMCP's Hermes Creative Awards is an international competition for creative professionals involved in the concept, writing and design of traditional and emerging media. AMCP consists of several thousand marketing, communication, advertising, public relations and digital media professionals.
About Amendola
Amendola is an award-winning, insights-driven public relations and marketing firm that integrates media relations, social media, content and lead gen programs to move healthcare, health IT and life sciences decision-makers to action. The agency represents some of the industry's best-known brands as well as groundbreaking startups that are disrupting the status quo. Nearly 90% of its client base represents multi-year clients and/or repeat client executives. Amendola's seasoned team of PR and marketing pros understand the ongoing complexities of the healthcare ecosystem and provide strategic guidance and creative direction to drive positive ROI, boost reputation and increase market share. Making an impact since 2003, Amendola combines traditional and digital media to fuel meaningful and measurable growth. For more information about the industry's "A-Team," visit www.acmarketingpr.com, and follow us on Twitter and LinkedIn.
Media contact:
Marcia Rhodes
MRhodes@acmarketingpr.com
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SOURCE Amendola Communications | https://www.kxii.com/prnewswire/2022/05/18/amendola-nabs-hermes-creative-award-hsblox-thought-leadership-campaign/ | 2022-05-18T15:13:11Z |
ALEXANDRIA, Va., June 23, 2022 /PRNewswire/ -- Today, United Way Worldwide (UWW) announced the appointment of Marc Bitzer as the Worldwide Board of Trustees Chair.
Bitzer has been a key asset to the Worldwide Board since his election in June 2018, serving on the Executive Compensation Committee and Succession Strategy Subcommittee. His contributions over the last four years have been invaluable. As Board Chair, Marc will provide leadership as United Way Worldwide works to elevate equitable solutions around the globe that ensure equal access to financial stability, educational opportunities, and good health through community-driven solutions.
"It is an honor to take on a further leadership role at United Way Worldwide," said Marc Bitzer, Whirlpool Corp. Chairman and CEO. "Whirlpool Corporation is a global company made up of small towns and communities where our employees and customers live and work. I have witnessed United Way's ability to mobilize care in these communities and have a genuine impact on people's lives, especially during these turbulent times, and I look forward to helping the organization continue its important mission."
Bitzer has more than 25 years of experience leading organizations, being named Chief Executive Officer of Whirlpool Corporation in 2017 and elected to Whirlpool Corporation Chairman of the Board in 2019. Bitzer joined Whirlpool Europe in 1999, serving as Vice President from 2009-2013. He served as President of Whirlpool North America, President of U.S. operations, and later was named Vice Chairman, including leadership of North America, Europe, Middle East, and Africa (EMEA).
Before joining Whirlpool Europe, Bitzer worked as Vice President for eight years at the Boston Consulting Group in Munich and Toronto. Bitzer earned his MBA and Doctorate from the St. Gallen Graduate School of Business, Economics, and Law in Switzerland.
United Way brings people together to build strong communities where everyone thrives. As the world's largest privately funded charity serving 95% of U.S. communities and 37 countries and territories, our humanitarian aid supports 48 million people every year. Through United Way, communities tackle tough challenges and work with private, public, and nonprofit partners to boost education, economic solutions, and health resources. United Way is the mission of choice for 2.5 million volunteers, 7.7 million donors, and 45,000 corporate partners in more than 1,100 communities worldwide in our second century of service. Together, we are building resilient, equitable communities across the globe. Learn more at UnitedWay.org. Follow us: @United Way and #LiveUnited.
CONTACT: Omoiye Kinney, omoiye.kinney@uww.unitedway.org
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SOURCE United Way Worldwide | https://www.wibw.com/prnewswire/2022/06/23/united-way-worldwide-appoints-marc-bitzer-worldwide-board-trustees-chair/ | 2022-06-23T14:58:46Z |
DALLAS (KDAF) — Breakfast is the most important meal of the day everybody knows that, something else that people probably know or at least should know is that breakfast foods are great for any time of the day.
One of those food items that can be had at breakfast, lunch, dinner, or dessert is the humble waffle. Whether you prefer it savory, sweet, extravagant, or simple, it’s time to truly celebrate the greatness that is the waffle on Wednesday, August 24, National Waffle Day!
NationalToday explains, “With so many varieties — Belgium, Hong Kong, stroopwafels, galettes – to enjoy in countless ways from adding classic toppings like butter and syrup, fruit, and chocolate, to waffle sandwiches and hotdog buns, we can’t wait to eat them at every meal.”
So, we wanted to make sure you were in the know of just who has the best waffles in Dallas. We checked out Yelp’s list of the best Belgian waffles and best waffles in general in the city:
Belgian waffles
- Maple Leaf Diner – North Dallas
- i see waffles – Downtown
- Press Waffle Co.
- Toulouse Cafe and Bar
- The Original Pancake House – North Dallas
- Waffle O’licious
- Street Waffles
- Mama’s Daughters’ Diner
- Bread Winners Cafe & Bakery – Uptown
- Cream And Crepes Cafe
Waffles
- i see waffles – Downtown
- Press Waflle Co.
- Street Waffles
- Dolly Llama – Uptown
- The Original Pancake House – Uptown
- Waffle O’licious
- Brew & Batter
- Mister James Delicious Foods
- Jess Waffle House – North Dallas | https://cw33.com/lifestyle/food-and-drink/whos-got-the-best-waffles-in-dallas-for-you-to-eat-when-craving-breakfast-check-out-this-list/ | 2022-08-24T20:27:04Z |
Indianapolis Investment Management Firm
INDIANAPOLIS, June 7, 2022 /PRNewswire/ -- The Auer Growth Fund's 2022 performance was featured in a recent article by Paul Katzeff of Investor's Business Daily, who described it as "one of the fortunate few mutual funds that's making its way" in this year's stock market.
Never straying from its investing strategy, the Fund selects stocks of companies whose quarterly year-over-year profit growth is 25% with quarterly year-over-year revenue growth of at least 20%; stock must also have a price-to-earnings ratio of less than 12 times earnings. It's this disciplined approach, according to IBD, which has led to investing in stocks that "climbed to dizzying heights" in 2022 so far.
SBAuer was established in 2008 when, after twenty years of investing with the strategy, father and son team Bryan and Bob Auer converted their portfolio into a retail mutual fund—the Auer Growth Fund. Currently, lead manager Bob Auer and managers Eric McKenzie and Auer's brother Paul oversee the Fund's investment picks. Any stock that doesn't meet the firm's demanding criteria on a quarterly basis is removed from the portfolio, plus a stock is sold if it doubles in value.
The Auer Growth Fund usually consists of 100 or more stocks, typically half small-cap, with the other half equal parts of mid-cap and large-cap. The total growth expense ratio is 2.57% as of 3/30/2021; please see sbauerfunds.com/performance for standardized performance.
"We are very much a small-cap deep value fund," Auer told IBD.
SB Auer, LLC, is an SEC-registered, registered investment advisor with $28.4 million AUM as of 3/31/2022.
All of its assets are in the Auer Growth Fund, with the sole objective being capital appreciation. Visit sbauerfunds.com for information.
The thoughts and opinions expressed in the linked Investor's Business Daily article are solely those of the author. The discussion is designed to provide a reader with an understanding of how the Fund's investment adviser manages the Fund's portfolio. This information should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
Performance quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than what is stated. Investment return and principal value will vary with market conditions so that an investor's shares, when redeemed, may be worth more or less than the original cost. For current to most recent month-end performance, please visit sbauerfunds.com/performance or call us at 888-711-2837. The Fund imposes a 1% redemption fee on proceeds redeemed or exchanged within 7 days of purchase. The performance illustrated does not include the effect of the redemption charge. If it did, performance would have been lower.
The S&P 500 Index is a widely recognized unmanaged index of equity prices and is representative of a broader market and range of securities than is found in the Fund's portfolio. The Index returns do not reflect the deduction of expenses, which have been deducted from the Fund's returns. The Index return assumes reinvestment of all distributions and does not reflect the deduction of taxes and fees.
Top 10 Holdings of the Auer Growth Fund as of 3/31/2022:
Epsilon Energy Ltd. (EPSN) was added to the Auer Growth Fund on 4/15/22 as 1.08% of its holdings. Portfolio holdings are subject to change and should not be considered investment advice.
An investor should consider the investment objectives, risks, charges and expenses carefully before investing. A prospectus containing this and other information may be obtained by calling 888-711-2837. Please read the prospectus carefully before investing.
Auer Growth Fund is distributed by Ultimus Fund Distributors, LLC, Member FINRA.
14913708-UFD 05/02/2022
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SOURCE SBAuer Funds, LLC | https://www.kxii.com/prnewswire/2022/06/07/auer-growth-fund-featured-investors-business-daily/ | 2022-06-07T14:45:26Z |
CHICAGO, Aug. 13, 2022 /PRNewswire/ --Gary Perinar, Executive Secretary-Treasurer (EST) of the Mid-America Carpenters Regional Council, was unanimously re-elected to another four-year leadership term on Saturday by the union's delegate body. As EST, Perinar oversees operations of a union that represents 52,000 carpenters in 324 counties across Illinois, Missouri, Kansas and Eastern Iowa.
Perinar is a third-generation business representative of the union and a 44-year member of Carpenters Local 174 in Joliet. In addition to his leadership role in the Carpenters Union, Perinar is an active civic leader and sits on the boards of both the Illinois Toll Highway Authority and the Chicago Federation of Labor.
"It is the honor of my lifetime to be re-elected to lead the 52,000 hardworking men and women of the Mid-America Carpenters Regional Council," said Perinar. "These are exciting times for the labor movement and I look forward to continuing to grow our market share and improve the lives of the members we represent."
The Mid-America Carpenters Regional Council is one of the largest labor unions in North America, with 15 training centers across four states. The Regional Council prides itself on its unparalleled training, safety and productivity, ensuring that union contractors have the highest skilled workforces in order to remain competitive.
Under Perinar's leadership, the Regional Council negotiated a first-of-its-kind 5-year contract with employers, passed historic pension improvements, and extended health insurance eligibility for members who lost work during the COVID-19 pandemic. Perinar was also at the helm during the 2021 merger of the former Chicago Regional Council of Carpenters and St. Louis-Kansas City Carpenters Regional Council to form the Mid-America Carpenters Regional Council. Perinar was elected EST of the then-Chicago Regional Council of Carpenters in 2018.
"I am confident that the progress we've made will help build a brighter future for all of our carpenters and the entire construction industry," said Perinar. "I thank our delegates for the confidence they have placed in me. The best is yet to come for our union."
About the Mid-America Carpenters Regional Council
The Mid-America Carpenters Regional Council represents 52,000 working men and women in 324 counties across Illinois, Missouri, Kansas and Eastern Iowa. The Mid-America Council provides the construction and maintenance industries with productive, competitive and certified professionals, encompassing a wide variety of crafts and skills.
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SOURCE Mid-America Carpenters Regional Council | https://www.mysuncoast.com/prnewswire/2022/08/13/gary-perinar-re-elected-leader-52000-member-mid-america-carpenters-regional-council/ | 2022-08-13T18:06:40Z |
DETROIT (AP) — Miguel Cabrera was intentionally walked in the eighth inning with 2,999 career hits, setting off a loud chorus of boos and derisive chants at Comerica Park as the Detroit Tigers beat the New York Yankees 3-0 Thursday.
Cabrera was 0 for 3 with two strikeouts, forcing him and Detroit fans to wait at least another day for him to hit the 3,000 mark, a milestone just 32 players have reached in Major League Baseball history.
Ahead 1-0, the Tigers loaded the bases with no outs in the eighth against Miguel Castro. Reliever Lucas Luetge got Jeimer Candelario to hit a comebacker that was turned into a double play.
That brought Cabrera to the plate with two outs and runners on second and third. The 39-year-old slugger didn’t make even make it into the batter’s box when New York manager Aaron Boone held up four fingers to give Cabrera, a former Marlins teammate, a free pass to the unoccupied base.
Boone said “it’s a baseball call all the way.”
“Obviously, understanding the moment in time,” he said. “A little more gut-wrenching than usual.”
The 236th intentional walk of Cabrera’s career, while strategically sound, triggered perhaps the loudest boos ever heard at a Tigers game since Comerica Park opened in 2000.
Boone said he the crowd reaction wasn’t a surprise.
“Of course, certainly understand that,” he said, adding, “you don’t necessarily like being in that position.”
The crowd of 21,529 quickly turned the jeers into cheers when Austin Meadows blooped a two-run double on a lefty vs. lefty matchup to put Detroit ahead by three.
When the inning ended, Cabrera put out his hands as if to tell that crowd he was OK with how things went. He then put up three fingers and gestured to the scoreboard to indicate the runs his team had scored on a sunny, 60-degree day in the Motor City.
“That’s the beautiful game of baseball,” Cabrera said outside the clubhouse when the game ended.
Michael Pineda (1-0) gave up just three hits over five innings in his Detroit debut against one of his former teams. Jacob Barnes, Wily Peralta, Alex Lange and Gregory Soto, who earned his third save, followed with four innings of scoreless relief.
The Yankees were shut out for the third time this season and their 39 runs are their fewest through 13 games since 1972.
Jordan Montgomery (0-1) became the first Yankee to finish six innings this year. He gave up only one run on three hits while striking out five, but he teammates didn’t provide any help offensively.
Robbie Grossman hit an RBI double in the third, scoring Victor Reyes.
New York was limited to four hits over seven innings against three pitchers before Boone put a pair of pinch-hitters in the game in the hopes of providing an offensive spark.
Josh Donaldson hit a double on Lange’s first pitch of the eighth, Gleyber Torres singled on the fourth pitch of the inning and Aaron Judge drew a one-out walk to end right-hander’s brief appearance. Soto got the Tigers out of the bases-loaded, one-out jam by getting Anthony Rizzo to hit a comebacker, leading to a force out at home, and Giancarlo Stanton to ground out to first.
TRAINER’S ROOM
Tigers: RHP Matt Manning (shoulder discomfort) went on the 10-day injured list two days after RHP Casey Mize (elbow sprain) last week and he might be ready to throw a bullpen in a few more days. “Manning is ahead of Mize,” manager A.J. Hinch said.
UP NEXT
Yankees: Plan to start RHP Jameson Taillon (0-1, 3.72) to begin a six-game homestand Friday night.
Tigers: Continue a six-game homestand with LHP Tarik Skubal (0-1, 3.72) expected to face Colorado on Friday night.
___
More AP baseball: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/cabrera-intentionally-walked-with-2999-hits-tiger-fans-boo/ | 2022-04-21T21:57:12Z |
More Than 30% of Consumers Would Fully Switch Their Diets to Alternative Proteins to Make a Positive Climate Impact, Reports the First BCG and Blue Horizon Multi-Market Survey of Alternative Proteins
BOSTON, July 8, 2022 /PRNewswire/ -- Dramatic, above-inflation price increases for animal-based products over the course of the pandemic led to an unprecedented spike in the sales, funding, and public awareness of the alternative protein sector. Increasing global concerns about food security and climate impact have further fueled this development. With 25% of global greenhouse gas emissions caused by the food value chain, the shift to alternative proteins may be the most capital-efficient and high-impact solution to addressing the climate crisis. Projected to represent at least 11% of all meat, seafood, eggs, and dairy consumed globally by 2035, alternative proteins will save 3x the emissions for each dollar invested compared with the next-best tool in the box—decarbonizing cement—according to a forthcoming report from Boston Consulting Group (BCG) and the impact investor Blue Horizon.
The report, The Untapped Climate Opportunity in Alternative Proteins, will present findings from a survey of more than 3,700 consumers in seven countries (China, France, Germany, Spain, the United Arab Emirates, the United Kingdom, and the United States) regarding their reasons for trying alternative proteins and the inhibitors that keep them from buying even more. Three-quarters of survey respondents cited a healthier diet as their primary motivator for consuming alternative proteins, while more than 30% of consumers would fully switch their diets to alternative proteins if they believed doing so would have a major positive impact on climate (see exhibit).
Across all markets surveyed, consumers view alternative proteins positively: 76% are aware of the category, and approximately nine out of ten said they like at least some of the alternative-protein products they have tried. While consumers in China and Germany are the most willing to pay close to parity with protein equivalents, no consumer in any region is willing to pay a premium for alternative proteins that match meat for taste, texture, and nutrition—a price premium requires value add.
"Nearly one in three people across the world are plagued by food insecurity. Coupled with the impact of the continued geopolitical crises on the supply chain and food prices, there is immense pressure on the global food system," says Ben Morach, a BCG managing director and partner. "Pivoting away from animal-based proteins will lead to shorter, more resilient, and potentially more local supply chains. Widespread adoption of alternative proteins can remove the risk of supply chain disruptions and play a critical role tackling climate change, with consumers playing a key part in propelling this transition."
Bjoern Witte, CEO of Blue Horizon, adds: "The products consumers are seeing on the shelves today will be followed by a wave of cleaner, healthier, and tastier alternative proteins, as technology allows for increasing innovation. We've seen the fast-paced development of these technologies in our own portfolio as well as the wider food-tech industry, leading to an overall better consumer product range. This is great news for today's consumers, but we're just at the beginning, really. Future generations will benefit greatly from the demonstrable impact this will have on the environment, as shown through our analysis of climate data. This is the second report from BCG and Blue Horizon confirming that protein transformation is the most capital-efficient way to avoid emissions and deliver Impact of Capital Employed (IoCE). If we reach 11% market penetration by 2035, which is our goal, we could save more carbon emissions than decarbonizing 95% of the aviation sector. The positive impact is absolutely massive, and secular drivers have never been stronger—the time to invest is now."
An Acceleration in Funding
Capital invested in alternative proteins rose at an annual rate of 124%, from $1 billion in 2019 to $5 billion in 2021, with investments in fermentation and animal-cell-based companies leading the way. Investment in alternative proteins is increasingly global. Middle East funders, which tend to focus on animal-cell-based investments, made up 11% of worldwide investment in alternative proteins last year while APAC investment, fueled by plant-based deals, increased by 92%.
For investors, a key finding of the report is the fact that investments in plant-based proteins are more CAPEX-efficient with regard to carbon dioxide and methane emission reductions than in any other industry. Plant-based protein market penetration as forecasted in the Food for Thought I base case would save 0.85 gigaton of emissions by 2035. This savings potential is equivalent to decarbonizing a majority of the aviation industry. Investing in plant-based proteins has the highest emission savings per invested capital—at least twice as effective as investments in cement, iron, steel, chemicals, or transport. Blue Horizon developed a proprietary impact framework whereby every investment is assessed via a theoretical impact value, allowing the company to calculate a precise IoCE.
Significant Progress in the Regulation of Alternative Proteins
Sensible and effective regulation is imperative to ensure that the rapid innovation and growth of the alternative protein market deliver safe, healthy, and transparent food to customers. There has been an acceleration, around the globe, to provide regulatory approval for fermentation-based and animal-cell-based products. In 2015, Israel led the way by announcing that its novel framework for regulating food safety would apply to alternative proteins. And in its latest five-year plan released in January 2022, China acknowledged the need to "expand beyond traditional crops, livestock, and poultry to more abundant biological resources" and made animal-cell-based meat and other alternative proteins part of its food security strategy.
Learn more about key findings from the report here: https://www.bcg.com/publications/2022/combating-climate-crisis-with-alternative-protein
Media Contacts:
BCG
Eric Gregoire
+1 617 850 3783
gregoire.eric@bcg.com
Blue Horizon
Marc Duckeck
+41 79 639 42 38
marc.duckeck@bluehorizon.com
About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
About Blue Horizon
Blue Horizon is accelerating the transition to a Sustainable Food System that delivers outstanding returns for investors and the planet. The company is a global pioneer of the Future of Food. As a pure play impact investor, Blue Horizon has shaped the growth of the alternative protein and food tech market. The company invests at the intersection of biology, agriculture and technology with the aim to transform the global food industry. Blue Horizon was founded in 2016 and is headquartered in Zurich, Switzerland. To date, the company has invested in more than 70 companies. Its business model offers an attractive opportunity to invest in the evolution of the global food system while contributing to a healthy and sustainable world. www.bluehorizon.com
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SOURCE Boston Consulting Group (BCG) | https://www.wibw.com/prnewswire/2022/07/08/transition-alternative-proteins-continues-accelerated-by-consumers-motivated-by-healthier-diets-having-positive-impact-climate/ | 2022-07-08T05:25:42Z |
- 45% of workers want to choose their own work start and end times
- Almost one fifth of workers (18%) would work a four-day work week for less pay
- A culture of trust is important; 71% of workers need trust in leadership to thrive
- Well-being now an essential strategy for hiring and business success
MILWAUKEE, Wis., June 9, 2022 /PRNewswire/ -- Workers are calling for more from their employers to help them shift from surviving to thriving, prioritizing flexibility along with factors such as trust, purpose, and well-being, according to new research from ManpowerGroup (NYSE: MAN), and Thrive, the leading behavior change technology company founded by Arianna Huffington.
The research "What Workers Want: From Surviving to Thriving at Work," part of ManpowerGroup's What Workers Want series, is based on a survey of more than 5,000 workers across five countries and reveals that almost all workers (93%) now view flexibility as important. However, the nature of that flexibility varies. Workers from all backgrounds are now asking for flexibility on their own terms with 45% wanting to choose their own start and end times and 18% willing to reduce pay to work a four day week to achieve better balance. The results also point to a changing role for leaders as trust and shared values are increasingly significant – with workers willing to vote with their feet if they do not feel adequately supported.
"A lasting legacy of the pandemic will be flexibility, but it's not one-size-fits-all. Workers want more choice, autonomy and consideration for their well-being." said Jonas Prising, ManpowerGroup Chairman & CEO. "We're seeing the highest talent shortages in 16 years, giving workers at almost every level and in every sector the upper hand. Employers have no choice but to pay attention. The challenge for leaders will be to listen, adapt and think differently about how to approach flexibility, not just flexible working."
ManpowerGroup partnered with Thrive to identify immediate actions that employers can take to support employee well-being. By adopting practices like Entry Interviews, creating a culture of compassionate directness, and encouraging employees to practice Microsteps, companies can create long-lasting cultural change.
"The disruptions of the past two years have forced us to consider what we really value, and we have a once-in-generation opportunity to rethink the way we work and live," said Arianna Huffington, Founder and CEO of Thrive. "We were in the middle of a global epidemic of stress and burnout even before COVID. Then the pandemic hit, and employee well-being and resilience shot to the top of the agenda for companies all over the world. At Thrive, we work with companies who realize that their most important resource is their people. They're seeing the direct connection between the long-term health of their bottom line and the health and well-being of their employees."
Trust is important for a thriving workforce, according to the survey. Trust in colleagues was rated second only to fair pay and safe working conditions by workers (79%), while trust in leaders was rated highly by more than two-thirds (71%). Additionally, workers want to work for companies that share their values and beliefs, with 70% seeking meaning in their daily work.
The pandemic put mental health firmly at the top of public and corporate agendas and workers now see well-being as a shared responsibility with employers. Stress levels have dropped since the peak of the pandemic (42% to 38%) but are still higher than pre-March 2020. Increasingly employers will be called on to address burnout, build resilience and boost mental fitness.
The What Workers Want: From Surviving to Thriving at Work data provides clear insight and practical recommendations for organizations to understand what workers want to thrive at work, and what employers need to do now to ensure both organizations and individuals are primed to succeed.
Explore the new research: What Workers Want: From Surviving to Thriving at Work here.
About ManpowerGroup
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantially more value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2022 ManpowerGroup was named one of the World's Most Ethical Companies for the thirteenth year - all confirming our position as the brand of choice for in-demand talent.
About Thrive
Thrive is a leading behavior change technology company founded by Arianna Huffington in 2016 with the mission to end the stress and burnout epidemic. Thrive helps individuals and organizations improve well-being, performance and mental resilience with its AI-powered behavior change technology platform. Thrive's Microsteps – small, science-backed steps to improve health and productivity – have been adopted by employees at more than 125 organizations in over 140 countries, from frontline and call center workers to executives at multinational companies. Thrive Global is headquartered in New York City and has offices in San Francisco, Dublin, Athens, Bucharest and Melbourne. For more information, visit www.thriveglobal.com.
*About the Research: ManpowerGroup researched and analyzed responses from over 5,000 frontline, corporate, and call center workers, as well as job seekers, across five countries (Australia, France, Italy, United Kingdom and United States) to learn what it means to thrive at work. And we've partnered with leading behavior change technology company Thrive to help turn those insights into action to ensure both organizations and individuals alike are resilient and primed to succeed. Research was carried out by Reputation Leaders surveying workers aged 18 and over, balanced by age, gender in 5 countries, across five countries, Australia, France, Italy, United Kingdom and United States.
The research "What Workers Want: From Surviving to Thriving at Work," part of ManpowerGroup's What Workers Want series, is based on a survey of more than 5,000 workers across five countries and reveals that almost all workers (93%) now view flexibility as important. However, the nature of that flexibility varies. Workers from all backgrounds are now asking for flexibility on their own terms, with 45% wanting to choose their own start and end times, and 18% willing to reduce pay to work a four-day week to achieve better balance. The results also point to a changing role for leaders as trust and shared values are increasingly significant – with workers willing to vote with their feet if they do not feel adequately supported.
"A lasting legacy of the pandemic will be flexibility, but it's not one-size-fits-all. Workers want more choice, autonomy, and consideration for their well-being." said Jonas Prising, ManpowerGroup Chairman & CEO. "We're seeing the highest talent shortages in 16 years, giving workers at almost every level and in every sector the upper hand. Employers have no choice but to pay attention. The challenge for leaders will be to listen, adapt, and think differently about how to approach flexibility, not just flexible working."
ManpowerGroup partnered with Thrive to identify immediate actions that employers can take to support employee well-being. By adopting practices like Entry Interviews, creating a culture of compassionate directness, and encouraging employees to practice Microsteps, companies can create long-lasting cultural change.
"The disruptions of the past two years have forced us to consider what we really value, and we have a once-in-generation opportunity to rethink the way we work and live," said Arianna Huffington, Founder and CEO of Thrive. "We were in the middle of a global epidemic of stress and burnout even before COVID. Then the pandemic hit, and employee well-being and resilience shot to the top of the agenda for companies all over the world. At Thrive, we work with companies who realize that their most important resource is their people. They're seeing the direct connection between the long-term health of their bottom line and the health and well-being of their employees."
Trust is important for a thriving workforce, according to the survey. Trust in colleagues was rated second only to fair pay and safe working conditions by workers (79%), while trust in leaders was rated highly by more than two-thirds (71%). Additionally, people want to work for companies that share their values and beliefs, with 70% seeking meaning in their daily work.
The pandemic put mental health firmly at the top of public and corporate agendas and workers now see well-being as a shared responsibility with employers. Stress levels have dropped since the peak of the pandemic (42% to 38%) but are still higher than pre-March 2020. Increasingly, employers will be called on to address burnout, build resilience and boost mental fitness.
The What Workers Want: From Surviving to Thriving at Work data provides clear insight and practical recommendations for organizations to understand what workers want to thrive at work, and what employers need to do now to ensure both organizations and individuals are primed to succeed.
Explore the new research: What Workers Want: From Surviving to Thriving at Work here.
About ManpowerGroup
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantially more value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2022 ManpowerGroup was named one of the World's Most Ethical Companies for the thirteenth year - all confirming our position as the brand of choice for in-demand talent.
About Thrive
Thrive is a leading behavior change technology company founded by Arianna Huffington in 2016 with the mission to end the stress and burnout epidemic. Thrive helps individuals and organizations improve well-being, performance and mental resilience with its AI-powered behavior change technology platform. Thrive's Microsteps – small, science-backed steps to improve health and productivity – have been adopted by employees at more than 125 organizations in over 140 countries, from frontline and call center workers to executives at multinational companies. Thrive Global is headquartered in New York City and has offices in San Francisco, Dublin, Athens, Bucharest and Melbourne. For more information, visit www.thriveglobal.com.
*About the Research: ManpowerGroup researched and analyzed responses from over 5,000 frontline, corporate, and call center workers, as well as job seekers, across five countries (Australia, France, Italy, United Kingdom and United States) to learn what it means to thrive at work. And we've partnered with leading behavior change technology company Thrive to help turn those insights into action to ensure both organizations and individuals alike are resilient and primed to succeed. Research was carried out by Reputation Leaders surveying workers aged 18 and over, balanced by age, gender in 5 countries, across five countries, Australia, France, Italy, United Kingdom and United States.
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SOURCE ManpowerGroup | https://www.kxii.com/prnewswire/2022/06/09/surviving-global-pandemic-thriving-work-manpowergroup-research-explores-what-flexibility-means-workers-partners-with-thrive-identify-ways-employers-can-support-employee-well-being/ | 2022-06-09T06:20:57Z |
- 1957 Ferrari 250 GT LWB Berlinetta Scaglietti "Tour de France" tops Broad Arrow's inaugural auction at $5,500,000
- Ferrari F50 leads supercar highlights, setting a new world record price of $5,175,000
- First appearance of rostrum veteran Lydia Fenet as Broad Arrow's Principal Auctioneer
- Broad Arrow Auctions calendar continues in October with private collection sale 'Passion for the Drive: The Cars of Jim Taylor' followed by debut of West Palm Beach Auction in November 2022
- Hagerty names Broad Arrow Auctions as the official auction house of 'The Amelia' starting in 2023
TRAVERSE CITY, Mich., Aug. 22, 2022 /PRNewswire/ -- Broad Arrow Auctions, a Hagerty (HGTY) company, today announced that sales from its August 18 live auction at the Monterey Jet Center totaled nearly $55.3 million with 88 percent of all 93 lots on offer sold.
The Thursday auction was held in conjunction with Hagerty's reimagined Motorlux event (formerly McCall's Motorworks Revival) on Wednesday evening, with thousands of guests across the two events viewing the cars on offer.
The crowded auction room included bidders from around the world, both in person and via telephone, internet and absentee bids. Auction veteran Lydia Fenet commanded the room from the rostrum, making her debut as Principal Auctioneer for Broad Arrow. The evening sale was led by a three-owner, 5,000-mile, Classiche-certified 1995 Ferrari F50, which set a new world record price for the model at auction of $5,175,000, following an intense bidding battle between parties in the room and on the phone.
Additional well-sold supercars included a 2015 Ferrari LaFerrari, offered from The Halo Car Collection in immaculate "new-in-the-box" condition at $3,910,000, a well-preserved Ferrari Classiche-certified 1990 Ferrari F40 at $1,985,000 and a stunning 2015 Porsche 918 Spyder Weissach Package at $1,930,000.
Further stand-out auction highlights include:
- A meticulously prepared 1964 Aston Martin DB5 offered from the Estate of Sir Sean Connery at $2,425,000. A significant portion of the proceeds will benefit the Sean Connery Philanthropy Fund. A personal drive with Sir Jackie Stewart was included as part of the purchase.
- A highly desirable 1971 Mercedes-Benz 600 LWB Landaulet, one of just 26, six-door 600 Pullman landaulets built between 1963 and 1981, brought an auction record $2,590,000.
- A 1981 BMW M1 achieved $692,500, yet another new record price at auction for a road model.
- One of the top-billing cars, a 1957 Ferrari 250 GT LWB Berlinetta Scaglietti "Tour de France" was sold following the sale for a final price of $5,500,000.
- A 1930 Duesenberg Model J Willoughby Limousine for $1,000,000, and other notable cars were also sold immediately after the auction.
"We are very excited about the success of the inaugural Broad Arrow auction," said McKeel Hagerty, CEO of Hagerty. "The quality and diversity of the offerings clearly hit the mark with buyers and validated the trends we are seeing in the marketplace. If anyone had any questions about whether this would be a strong year in the collectible car market, this week proved that demand is strong and there are cars available for every taste."
"This was an incredible debut, and we are tremendously grateful for the trust and support of our consignors, bidders and car collector community," said Kenneth Ahn, CEO of Broad Arrow Group & President of Hagerty Marketplace. "This event was not only important for establishing Broad Arrow as one of the premier auction houses in the industry, but it was also the first collaborative event under Hagerty's stewardship. We look forward to hosting a series of world class events and auctions, including at The Amelia, to better serve car collectors and enthusiasts globally."
Complete results from Broad Arrow's debut Monterey Jet Center event can be found at broadarrowauctions.com.
On the heels of a successful Monterey Jet Center Auction, Hagerty CEO McKeel Hagerty announced Broad Arrow Auctions as the official auction house of The Amelia starting in March 2023. The Amelia is a four-day celebration of world-class collectible cars, automotive enthusiasts, car culture and auctions in Amelia Island, Florida. Formerly known as the Amelia Island Concours d'Elegance, the event was acquired by Hagerty in 2021 and rebranded as The Amelia. It has been considered one of the world's finest concours events since 1996. Tickets for The Amelia (March 2-5, 2023) will go on sale October 1 at www.ameliaconcours.com/event.
Additional Broad Arrow Auctions this year include the company's first private collection offering, "Passion for the Drive: The Cars of Jim Taylor." This single owner collection of more than 120 motor cars and nearly 500 lots of memorabilia will be presented in Mr. Taylor's hometown of Gloversville, New York on October 14-15. The collection represents one of the finest assemblages of European, British and American sports and vintage cars anywhere, with many having been rallied and shown around the world.
The company will host its debut West Palm Beach Auction, November 18-19 at the Palm Beach County Convention Center. The sale will offer approximately 300 collector cars ranging from pre-war classics to modern supercars.
NOTE: All prices are listed in USD and are inclusive of the applicable buyer's premium. Broad Arrow's buyer's premium for all motor car lots is equal to the sum of twelve percent (12%) of the first $250,000 of the Hammer Price and ten percent (10%) of the amount by which the Hammer Price exceeds $250,000. Buyer's premium for all non-motor car lots is twenty percent (20%) of the Hammer Price. Results include post-auction transactions that were completed immediately following the sale.
Broad Arrow Group, a Hagerty (NYSE: HGTY) company, is an advisor, market maker, and financier for car collectors, with commitment to integrity, trust, and innovation. Broad Arrow Group operates Broad Arrow Auctions, Broad Arrow Capital, and Collectors Garage and is headquartered in Grosse Pointe, Michigan. Learn more at broadarrowgroup.com.
Based in Traverse City, Michigan, Hagerty's purpose is to save driving and car culture for future generations and its mission is to build a global business to fund that purpose. Hagerty is an automotive enthusiast brand offering integrated membership products and programs as well as a specialty insurance provider focused on the global automotive enthusiast market. Hagerty is home to Hagerty Drivers Club, DriveShare, Hagerty Valuation Tools, Hagerty Media, Hagerty Drivers Club magazine, MotorsportReg, Hagerty Garage + Social, The Amelia, the Concours d'Elegance of America, the Greenwich Concours d'Elegance, the California Mille, Motorlux, the Hagerty Drivers Foundation and more. For more information on Hagerty, please visit www.hagerty.com, or connect with us on Facebook, Instagram and Twitter.
For more information, visit newsroom.hagerty.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current intentions, expectations, or beliefs regarding the business. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that are difficult to predict and may be outside of our control. Some of the factors that may cause our actual results to differ materially from those contemplated by our forward-looking statements include: (i) our ability to recognize the anticipated benefits of the subject of this press release; (ii) our ability to compete effectively within our industry and attract and retain members; and (iii) the other risks and uncertainties listed in our Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC") on March 24, 2022. This press release should be read in conjunction with the information included in our other press releases, reports and other filings with the SEC. Understanding the information contained in those filings is important in order to fully understand our reported financial results and our business outlook for future periods. We do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.
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SOURCE Hagerty | https://www.mysuncoast.com/prnewswire/2022/08/22/hagertys-newly-acquired-broad-arrow-auctions-exceeds-expectations-with-553-million-sales-inaugural-monterey-jet-center-event/ | 2022-08-22T20:19:28Z |
Did you lose money on investments in Lucid Group? If so, please visit Lucid Group, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, May 17, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the common stock of Lucid Group, Inc. ("Lucid" or the "Company") (NASDAQ: LCID) between November 15, 2021 and February 28, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Northern District of California and alleges violations of the Securities Exchange Act of 1934.
Lucid designs, engineers, builds, and sells luxury electric vehicles ("EVs"). Lucid currently sells an electric sedan, the Lucid Air, and plans to launch an electric SUV, the Lucid Gravity.
On February 22, 2021, prior to the commercial launch of the Lucid Air, Lucid announced its plans to merge with Churchill Capital Corp. IV ("Churchill"), a special purpose acquisition company, in a transaction that would allow Lucid securities to be publicly traded and provide Lucid with $4.4 billion in capital (the "Merger").
As Lucid transitioned into a publicly traded company, Defendants assured investors that Lucid would produce 577 EVs in 2021, 20,000 EVs in 2022, and 49,000 EVs in 2023 (including 12,000 of the Project Gravity SUV, which would launch that year).
Defendants also repeatedly assured investors that Lucid's production capacity was rapidly increasing and that Lucid would reach its production targets.
The Complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the Company's business and operations. Specifically, Defendants overstated Lucid's production capabilities while concealing that "extraordinary supply chain and logistics challenges" were hampering the Company's operations from the start of the Class Period.
On February 28, 2022, the Company admitted that it: (1) had only delivered approximately 125 EVs in 2021 and still had only produced approximately 400 EVs by February 28, 2022; (2) would only produce between 12,000 and 14,000 EVs in 2022; and (3) would delay the launch of the Lucid Gravity until 2024. Individual Defendant Peter Rawlinson, Lucid's Chief Executive Officer and Chief Technology Officer, attributed the slashed production outlook to "the extraordinary supply chain and logistics challenges [Lucid] encountered."
On this news, the price of Lucid common stock fell more than 13%, closing at $24.99 per share on March 1, 2022.
If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased LCID common stock, and/or would like to discuss your legal rights and options please visit Lucid Group, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
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Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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SOURCE Bernstein Liebhard LLP | https://www.mysuncoast.com/prnewswire/2022/05/17/lucid-group-inc-nasdaq-lcid-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-lucid-group-inc-nasdaq-lcid/ | 2022-05-17T19:09:42Z |
STOCKHOLM, July 22, 2022 /PRNewswire/ --
Record sales and higher operating margin
Reported revenue is the highest ever and operating profit continues to grow during the second quarter. Loomis' strong development is supported by the opening of societies post the pandemic in Europe, and continued success for SafePoint in the USA. Loomis Pay transaction volumes show an encouraging development, and we have now initiated a pilot in Spain.
The Group's second quarter organic growth was 16.1 percent (17.3) and operating margin (EBITA %) was 10.0 percent (9.0). In terms of organic growth Loomis Group have now reported three consecutive quarters with higher revenue than before the pandemic started. Excluding Loomis Pay, operating margin is 10.8 percent (9.6). The quarter's positive development confirms Loomis strength despite significant macroeconomic and geopolitical uncertainties.
Comments on quarter 2
- Revenue for the quarter was SEK 6,217 million (4,779). Real growth was 17.7 percent (22.7) of which organic growth was 16.1 percent (17.3).
- Operating income1) (EBITA) for the period was SEK 620 million (428) and EBITA operating margin was 10.0 percent (9.0). Excluding Loomis Pay, the operating margin amounted to 10.8 percent (9.6).
- Operating income (EBIT) before items affecting comparability for the period was SEK 539 million (388) and operating margin (EBIT) before items affecting comparability was 8.7 percent (8.1).
- Income before taxes SEK 438 million (338) and net income SEK 296 million (251).
- Earnings per share before and after dilution were SEK 4.02 (3.33).
- Cash flow2) from operating activities SEK 644 million (290), equivalent to 104 percent (68) of operating income (EBITA).
- Loomis AB repurchased 824,000 own shares during the second quarter.
- The Board of Directors has resolved to continue the repurchase of own shares that was initiated earlier this year.
1) Earnings Before Interest, Taxes, Amortization of acquisition-related intangible fixed assets, Acquisition-related costs and revenue and Items affecting comparability.
2) Cash flow from operating activities is exclusive of impact from IFRS 16.
This press release is also available on the company's website, www.loomis.com
CONTACT:
Kristian Ackeby
Chief Financial Officer
Mobile: +46 70 569 69 98
Email: kristian.ackeby@loomis.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Loomis AB | https://www.wibw.com/prnewswire/2022/07/22/loomis-interim-report-january-june-2022/ | 2022-07-22T07:09:00Z |
Company demonstrates execution of Multi-Domain Operations (MDO) in real-world mission simulation
ARLINGTON, Va., July 20, 2022 /PRNewswire/ -- Royce Geospatial Consultants (Royce Geo) today announced the successful execution of its multi-domain capabilities in support of Valiant Shield 2022, a U.S.-only, large-scale war game exercise held in the INDOPACOM Area of Responsibility (AOR). The real-world training environment showcased how Royce Geo's solutions better enable the U.S. military and Intelligence Community (IC) to identify, monitor, anticipate and directly address threats to the U.S. and its partners.
Royce Geo is revolutionizing the way commercial and national Intelligence, Sensors and Reconnaissance (ISR) data is tasked, processed, exploited and disseminated through its CURVE Cloud Operational Environment. The company provides a capability for multi-intelligence (multi-INT) and cross-domain operations that automates the delivery of time-sensitive intelligence to the warfighter and IC.
Royce Geo executed several key objectives for U.S. Army Pacific (USARPAC) in support of Valiant Shield 2022 by accelerating TC-PED workflows through automation. Royce Geo automates repeatable TC-PED processes through its Workbench solution, enabling low-code/no-code data modeling.
Adam Estrada, CTO, Royce Geo, said: "We integrated our CURVE Cloud solution with the existing Army Program of Record (PoR) during the exercise to address several modernization objectives to include gap in collection. Along with our partners Planet and ICEYE, Royce Geo addressed the Army's gap in collection by accelerating commercial satellite tasking orchestration through automation as well as exploited commercial data through machine-driven automation for operational use. Our team automated reporting for monitoring and alerting into a messaging workflow feeding into the Joint Fires Network, which reduced latency in the kill chain process."
Dave Sterling, CEO, Royce Geo, said: "Through participation in Valiant Shield's exercise, our team integrated, demonstrated and fine-tuned our capabilities on the fly in a real-world mission scenario. Being able to verify the adaptability of our technology in the field is essential in ensuring operators across all branches can get the data they need to make critical decisions at a moment's notice. We value the participation and rapid feedback from our Warfighter partners across multiple units and commands. This was the best example of a collaborative effort, building novel solutions that truly integrate and increase capability of our partners' current systems."
Valiant Shield builds an alliance between participating military branches to demonstrate the ability to detect, track and engage units at sea, in the air, and on land west of the International Date Line at a moment's notice, ensuring the U.S. military maintains its competitive advantage. Using Live-Virtual-Constructive training enablers, the exercise simulates live tactical forces with constructive, synthetic opposing forces. An impending exponential increase in the volume of consumable data sets creates a very challenging PED cycle for the limited number of military analysts available in a mission setting. Royce Geo's solution demonstrated how field operators can synthesize oceans of data at mission speed through proven automation tradecraft, created over several years supporting DoD and IC partners, supporting warfighter functions of Valiant Shield 2022.
Royce Geo is an advanced intelligence solutions and services company providing support across the Intelligence Community (IC) and Department of Defense (DoD), both CONUS and abroad. Royce Geo's core business delivers advanced tradecraft, specifically leveraging advanced Big Data and intelligence methodologies, data automation/visualization, Artificial Intelligence (AI), Machine Learning (ML) and Computer Vision (CV), Natural Language Processing (NLP), collection management and automated tasking orchestration, exploitation, and dissemination services.
Royce Geo employs experienced Intelligence Analysts, Data Science professionals, Intelligence Tradecraft Instructors, and Intelligence Applications & Data Engineers, who work closely with our Defense and Intelligence Community clients to provide top-quality Multi-INT tradecraft. We are global: Royce Geo delivers superior mission analytic solutions and services at facilities around the continental U.S. and embedded with deployed mission partners, around the globe. For more information on our CURVE Cloud Operational Environment please contact us at www.roycegeo.com.
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SOURCE Royce Geo | https://www.wibw.com/prnewswire/2022/07/20/royce-geo-delivers-isr-modernization-capabilities-support-valiant-shield-22/ | 2022-07-20T12:36:11Z |
- For the six months ended June 30, 2022, net income attributable to Icahn Enterprises was $195 million, or $0.64 per depositary unit. For the six months ended June 30, 2021, net income attributable to Icahn Enterprises was $26 million, or $0.10 per depositary unit. For the six months ended June 30, 2022, Adjusted EBITDA attributable to Icahn Enterprises was $742 million compared to $627 million for the six months ended June 30, 2021
- Second quarter net loss attributable to IEP was $128 million with Adjusted EBITDA attributable to IEP of $126 million. This represents an improvement of $8 million of net loss attributable to IEP and a decrease of $66 million of Adjusted EBITDA attributable to IEP compared to Q2 2021
- Indicative Net Asset Value increased to $6.6 billion as of June 30, 2022, an increase of $1.5 billion compared to December 31, 2021. The change in indicative net asset value includes, among other things, changes in the fair value of certain subsidiaries which are not included in our GAAP earnings
- Board approves quarterly distribution of $2.00 per depositary unit (the 69th consecutive quarterly distribution since 2005)
SUNNY ISLES BEACH, Fla., Aug. 4, 2022 /PRNewswire/ -- Icahn Enterprises L.P. (Nasdaq:IEP) believes activism is the best paradigm for investing. We are putting our activist principles into effect at our majority-controlled companies as well as the minority positions held in our investment segment, and currently have representatives on fourteen public company boards. Additionally, we believe strongly in hedging our positions to mitigate risk, especially in markets that we are living in today.
Icahn Enterprises L.P. is reporting revenues of $7.6 billion and net income attributable to Icahn Enterprises of $195 million, or $0.64 per depositary unit, for the six months ended June 30, 2022. For the six months ended June 30, 2021, revenues were $6.4 billion and net income attributable to Icahn Enterprises was $26 million, or $0.10 per depositary unit. Adjusted EBITDA attributable to Icahn Enterprises was $742 million for the six months ended June 30, 2022, compared to $627 million for the six months ended June 30, 2021.
Second quarter 2022 revenues were $3.5 billion and net loss attributable to Icahn Enterprises was $128 million, or a loss of $0.41 per depositary unit. For the three months ended June 30, 2021, revenues were $3.0 billion and net loss attributable to Icahn Enterprises was $136 million, or a loss of $0.53 per depositary unit. For the three months ended June 30, 2022, Adjusted EBITDA attributable to Icahn Enterprises was $126 million compared to $192 million for the three months ended June 30, 2021.
For the six months ended June 30, 2022, indicative net asset value increased by $1.5 billion to $6.6 billion. The change in indicative net asset value includes, among other things, changes in the fair value of certain subsidiaries which are not included in our GAAP earnings reported above.
On August 3, 2022, the Board of Directors of the general partner of Icahn Enterprises declared a quarterly distribution in the amount of $2.00 per depositary unit, which will be paid on or about September 28, 2022, to depositary unitholders of record at the close of business on August 19, 2022. Depositary unitholders will have until September 16, 2022, to make a timely election to receive either cash or additional depositary units. If a unitholder does not make a timely election, it will automatically be deemed to have elected to receive the distribution in additional depositary units. Depositary unitholders who elect to receive (or who are deemed to have elected to receive) additional depositary units will receive units valued at the volume weighted average trading price of the units during the five consecutive trading days ending September 23, 2022. Icahn Enterprises will make a cash payment in lieu of issuing fractional depositary units to any unitholders electing to receive (or who are deemed to have elected to receive) depositary units.
Icahn Enterprises L.P., a master limited partnership, is a diversified holding company owning subsidiaries currently engaged in the following continuing operating businesses: Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion and Pharma.
Caution Concerning Forward-Looking Statements
Results for any interim period are not necessarily indicative of results for any full fiscal period. This release may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will" or words of similar meaning and include, but are not limited to, statements about the expected future business and financial performance of Icahn Enterprises and its subsidiaries. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors, including risks related to economic downturns, substantial competition and rising operating costs; risks related to the severity, magnitude and duration of the COVID-19 pandemic and its impact on the global economy, financial markets and industries in which our subsidiaries operate; the impacts from the
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conflict, including economic volatility and the impacts of export controls and other economic sanctions
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risks related to our investment activities, including the nature of the investments made by the private funds in which we invest, declines in the fair value of our investments as a result of the COVID-19 pandemic, losses in the private funds and loss of key employees; risks related to our ability to continue to conduct our activities in a manner so as to not be deemed an investment company under the Investment Company Act of 1940, as amended; risks related to our energy business, including the volatility and availability of crude oil, other feed stocks and refined products, declines in global demand for crude oil, refined products and liquid transportation fuels as a result of the COVID-19 pandemic, unfavorable refining margin (crack spread), interrupted access to pipelines, significant fluctuations in nitrogen fertilizer demand in the agricultural industry and seasonality of results; risks related to our automotive activities and exposure to adverse conditions in the automotive industry, including as a result of the COVID-19 pandemic; risks related to our food packaging activities, including competition from better capitalized competitors, inability of our suppliers to timely deliver raw materials, and the failure to effectively respond to industry changes in casings technology; supply chain issues; inflation, including increased costs of raw materials and shipping, including as a result of the
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conflict; labor shortages and workforce availability; risks related to our real estate activities, including the extent of any tenant bankruptcies and insolvencies; risks related to our home fashion operations, including changes in the availability and price of raw materials, and changes in transportation costs and delivery times; and other risks and uncertainties detailed from time to time in our filings with the Securities and Exchange Commission. Additionally, there may be other factors not presently known to us or which we currently consider to be immaterial that may cause our actual results to differ materially from the forward-looking statements. Past performance in our Investment segment is not indicative of future performance. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.
Use of Non-GAAP Financial Measures
The Company uses certain non-GAAP financial measures in evaluating its performance. These include non-GAAP EBITDA and Adjusted EBITDA. EBITDA represents earnings from continuing operations before interest expense, income tax (benefit) expense and depreciation and amortization. We define Adjusted EBITDA as EBITDA excluding certain effects of impairment, restructuring costs, certain pension plan expenses, gains/losses on disposition of assets, gains/losses on extinguishment of debt and certain other non-operational charges. We present EBITDA and Adjusted EBITDA on a consolidated basis and on a basis attributable to Icahn Enterprises net of the effects of non-controlling interests. We conduct substantially all of our operations through subsidiaries. The operating results of our subsidiaries may not be sufficient to make distributions to us. In addition, our subsidiaries are not obligated to make funds available to us for payment of our indebtedness, payment of distributions on our depositary units or otherwise, and distributions and intercompany transfers from our subsidiaries to us may be restricted by applicable law or covenants contained in debt agreements and other agreements to which these subsidiaries currently may be subject or into which they may enter into in the future. The terms of any borrowings of our subsidiaries or other entities in which we own equity may restrict dividends, distributions or loans to us.
We believe that providing EBITDA and Adjusted EBITDA to investors has economic substance as these measures provide important supplemental information of our performance to investors and permits investors and management to evaluate the core operating performance of our business without regard to interest, taxes and depreciation and amortization and certain effects of impairment, restructuring costs, certain pension plan expenses, gains/losses on disposition of assets, gains/losses on extinguishment of debt and certain other non-operational charges. Additionally, we believe this information is frequently used by securities analysts, investors and other interested parties in the evaluation of companies that have issued debt. Management uses, and believes that investors benefit from referring to, these non-GAAP financial measures in assessing our operating results, as well as in planning, forecasting and analyzing future periods. Adjusting earnings for these charges allows investors to evaluate our performance from period to period, as well as our peers, without the effects of certain items that may vary depending on accounting methods and the book value of assets. Additionally, EBITDA and Adjusted EBITDA present meaningful measures of performance exclusive of our capital structure and the method by which assets were acquired and financed.
EBITDA and Adjusted EBITDA have limitations as analytical tools, and you should not consider them in isolation, or as substitutes for analysis of our results as reported under generally accepted accounting principles in the United States, or U.S. GAAP. For example, EBITDA and Adjusted EBITDA:
- do not reflect our cash expenditures, or future requirements for capital expenditures, or contractual commitments;
- do not reflect changes in, or cash requirements for, our working capital needs; and
- do not reflect the significant interest expense, or the cash requirements necessary to service interest or principal payments on our debt.
Although depreciation and amortization are non-cash charges, the assets being depreciated or amortized often will have to be replaced in the future, and EBITDA and Adjusted EBITDA do not reflect any cash requirements for such replacements. Other companies in the industries in which we operate may calculate EBITDA and Adjusted EBITDA differently than we do, limiting their usefulness as comparative measures. In addition, EBITDA and Adjusted EBITDA do not reflect the impact of earnings or charges resulting from matters we consider not to be indicative of our ongoing operations.
EBITDA and Adjusted EBITDA are not measurements of our financial performance under U.S. GAAP and should not be considered as alternatives to net income or any other performance measures derived in accordance with U.S. GAAP or as alternatives to cash flow from operating activities as a measure of our liquidity. Given these limitations, we rely primarily on our U.S. GAAP results and use EBITDA and Adjusted EBITDA only as a supplemental measure of our financial performance.
Use of Indicative Net Asset Value Data
The Company uses indicative net asset value as an additional method for considering the value of the Company's assets, and we believe that this information can be helpful to investors. Please note, however, that the indicative net asset value does not represent the market price at which the depositary units trade. Accordingly, data regarding indicative net asset value is of limited use and should not be considered in isolation.
The Company's depositary units are not redeemable, which means that investors have no right or ability to obtain from the Company the indicative net asset value of units that they own. Units may be bought and sold on The Nasdaq Global Select Market at prevailing market prices. Those prices may be higher or lower than the indicative net asset value of the depositary units as calculated by management.
See below for more information on how we calculate the Company's indicative net asset value.
Investor Contact:
Ted Papapostolou, Chief Financial Officer
(305) 422-4100
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SOURCE Icahn Enterprises L.P. | https://www.mysuncoast.com/prnewswire/2022/08/04/icahn-enterprises-lp-reports-second-quarter-2022-financial-results/ | 2022-08-04T22:35:44Z |
Chick-fil-A expands its commitment to education by honoring 12 community service-minded students
ATLANTA, Aug. 9, 2022 /PRNewswire/ -- Today, Chick-fil-A, Inc. opens applications for its newest education initiative, Chick-fil-A™ Community Scholars. This new scholarship program will award 12 scholarships of $25,000 annually to community service-minded leaders, helping them pursue their goals through furthering their education. Recipients will also have the opportunity to participate in a one-year leadership development program.
The Chick-fil-A Community Scholars program is an expansion of Chick-fil-A's existing education initiatives – including the Remarkable Futures™ Scholarship program, which has awarded more than $136 million to more than 80,000 Chick-fil-A® restaurant Team Members through its Leadership Scholarships and True Inspiration™ Scholarships. The Chick-fil-A Community Scholars program is an extension of Chick-fil-A's commitment to care for people and its communities by providing service-minded students of any age with opportunities to help them pursue their academic passions.
"Investing in access to education is one of the greatest ways we can care for others," said Rodney Bullard, vice president of Corporate Social Responsibility at Chick-fil-A, Inc. "It is our pleasure to support the advancement of students throughout the communities that Chick-fil-A serves – ultimately creating brighter futures by providing educational opportunities that will help them become the leaders of tomorrow."
The Chick-fil-A Community Scholars program will offer recipients several benefits, including:
- Up-front payment: Chick-fil-A Community Scholars are awarded to recipients up front and can be directly applied to tuition, housing and other on-campus expenses, without requiring tuition reimbursement.
- Applicable at any qualifying school, college or university: Scholarships can be applied in any area of study at any accredited institution of the recipient's choice, including two- or four-year colleges and universities, online programs, or vocational-technical schools.
- Participation in the Chick-fil-A™ Scholars Program: Recipients will have the option to participate in the Chick-fil-A Scholars Program, a one-year engagement that includes mentoring and leadership development opportunities.
Applicants who are interested in applying to the Chick-fil-A Community Scholars program must meet the following criteria:
- Be a resident of the United States, Puerto Rico or Canada
- Be recommended by a teacher, coach or community leader
- Be a postsecondary undergraduate or graduate student, or intend to enroll in undergraduate or graduate study for the 2023-2024 academic year
In addition, applicants must demonstrate academic success, devotion to community service and financial need. All applications must be completed and submitted by Wednesday, November 2, 2022. For more information about the new Chick-fil-A Community Scholars program, eligibility requirements and how to apply, please visit chick-fil-a.com/communityscholars.
While current Chick-fil-A Team Members are not eligible for the Chick-fil-A Community Scholars program, they are eligible to apply for the Remarkable Futures Scholarship program. These applications opened on July 28, 2022 and will close October 27, 2022. For more information about the Remarkable Futures Scholarship program, please visit www.chick-fil-a.com/remarkable-futures-scholarships.
To learn more about other corporate social responsibility efforts at Chick-fil-A, visit chick-fil-a.com/givingback.
Atlanta-based Chick-fil-A, Inc. is a restaurant company known for the Original Chick-fil-A® Chicken Sandwich and signature hospitality. Represented by more than 170,000 Team Members, Operators and Staff, Chick-fil-A® restaurants serve guests freshly prepared food at more than 2,700 restaurants in 47 states, Washington, D.C., Puerto Rico and Canada. The family-owned and privately held restaurant company was founded in 1967 by S. Truett Cathy and is committed to serving the local communities in which its franchised restaurants operate.
Known for its leadership and growth opportunities, in 2022 Chick-fil-A, Inc. was named a Best Employer in America by Forbes and a top company for career opportunities for Black employees by Glassdoor. The company was also awarded the Employee's Choice by Glassdoor honoring top CEOs and was named a Culture 500 Culture Champion in 2020. A leader in customer service, Chick-fil-A was named QSR magazine's Drive-Thru Restaurant of the Year in 2021. More information on Chick-fil-A is available at www.chick-fil-a.com and @ChickfilANews.
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SOURCE Chick-fil-A, Inc. | https://www.kxii.com/prnewswire/2022/08/09/chick-fil-a-announces-new-community-scholarship-program/ | 2022-08-09T12:58:12Z |
SAN JOSE, Calif., May 11, 2022 /PRNewswire/ -- Vectra AI, a leader in AI-driven threat detection and response for hybrid and multi-cloud enterprises, today announced that the company has been named a finalist in the Security Independent Software Vendor (ISV) of the Year category of the Microsoft Security Excellence Awards. Vectra was honored among a global field of industry leaders that demonstrated success across the security landscape during the past 12 months.
Vectra enables Microsoft customers to complement their Microsoft 365 protection beyond the Defender Secure Score, enhance their Security Operations Center (SOC) capabilities and prevent attackers from establishing a foothold with its platform's deep integration with both Microsoft Defender for Endpoint and Microsoft Azure Sentinel.
"Millions of organizations utilize Microsoft and its suite of productivity and collaboration tools daily, making them an incredibly rich, high value target for attackers," said Michael Porat, Senior Vice President, Corporate & Business Development at Vectra. "Over the last few years, we have launched several deep product integrations that provide Microsoft customers with in-depth protection guidance, greater visibility into and control over their cloud, data center, Azure AD, and M365 environments, helping security teams block and isolate attacks in the most-efficient way possible. We are honored to be recognized by Microsoft as a finalist in their security excellence awards, as we continually work together with one common goal – preventing and stopping malicious activity."
At the Microsoft Security Excellence Awards on June 5, 2022, Microsoft will celebrate finalists in 10 award categories honoring partner trailblazers, solution innovators, customer, and technology champions, and changemakers. Formerly known as the Microsoft Security 20/20 Awards, this is the third year recognizing Microsoft partners for their outstanding work in the security landscape. All finalists are members of the Microsoft Intelligent Security Association (MISA), an ecosystem of independent software vendors and managed security service providers (MSSPs) that have integrated their security products and services with Microsoft's security technology.
"The Microsoft Intelligent Security Association has grown into a vibrant ecosystem comprised of the most reliable and trusted security software vendors across the globe", said Maria Thomson, Microsoft Intelligent Security Association Lead. "Our members share Microsoft's commitment to collaboration within the cybersecurity community to improve our customers' ability to predict, detect, and respond to security threats faster. We're thrilled to honor our incredible finalists in the Microsoft Security Excellence Awards and recognize their achievements during the past year."
MISA was established to bring together Microsoft leaders, ISVs and MSSPs to work together to defeat security threats and make the world a safer place. The industry veterans in MISA and Microsoft will vote to select the winners of the Microsoft Security Excellence Awards, providing an opportunity for colleagues to honor their peers for delivering exceptional work to our shared customers.
Additional Resources
- Vectra Sentinel Solution
- Vectra Cognito Threat Detection and Response
- Vectra Sensor & Stream for Azure
- Cognito Detect for O365
About Vectra AI
Vectra® is a leader in threat detection and response for hybrid and multi-cloud enterprises. The Vectra platform uses AI to detect threats at speed across public cloud, identity, SaaS applications, and data centers. Only Vectra optimizes AI to detect attacker methods—the TTPs at the heart of all attacks—rather than simplistically alerting on "different". The resulting high-fidelity threat signal and clear context enables security teams to respond to threats sooner and to stop attacks in progress faster. Organizations worldwide rely on Vectra for cybersecurity resilience in the face of dangerous cyber threats and to prevent ransomware, supply chain compromise, identity takeovers, and other cyberattacks from impacting their businesses. For more information, visit vectra.ai.
Media Contact
Allison Arvanitis
Lumina Communications for Vectra
Vectra@luminapr.com
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SOURCE Vectra | https://www.kxii.com/prnewswire/2022/05/11/vectra-ai-recognized-microsoft-security-excellence-awards-finalist-security-isv-year/ | 2022-05-11T19:24:08Z |
BLOOMFIELD, Conn., April 11, 2022 /PRNewswire/ -- Global health services company Cigna Corporation (NYSE:CI) will be hosting its Investor Day on Friday, June 3, 2022 in New York City.
The event will feature in-depth presentations on corporate strategy and financial targets. It will begin at 8:30 a.m. ET and conclude by 1:30 p.m. ET. A live webcast of the presentation will be available at https://investors.cigna.com/events-and-presentations/default.aspx in the Investor Relations section of Cigna's website.
To listen to this presentation live on the Internet, visit https://investors.cigna.com/events-and-presentations/default.aspx at least 15 minutes prior to the presentation to download and install any necessary audio software. Following the event, a replay will be available on the website for four weeks.
About Cigna
Cigna Corporation is a global health services company dedicated to improving the health, well-being and peace of mind of those we serve. Cigna delivers choice, predictability, affordability and access to quality care through integrated capabilities and connected, personalized solutions that advance whole person health. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Connecticut General Life Insurance Company, Evernorth companies or their affiliates and Express Scripts companies or their affiliates. Such products and services include an integrated suite of health services, such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits and other related products.
Cigna maintains sales capability in over 30 countries and jurisdictions, and has over 185 million customer relationships around the world. To learn more about Cigna®, including links to follow us on Facebook or Twitter, visit www.cigna.com.
Investor Relations Contact
Ralph Giacobbe
1 (860) 787-7968
Ralph.Giacobbe@cigna.com
Media Contact
Justine Sessions
1 (860) 810-6523
Justine.Sessions@cigna.com
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SOURCE Cigna | https://www.wibw.com/prnewswire/2022/04/11/cigna-corporation-host-investor-day-new-york-city-june-3/ | 2022-04-11T14:01:58Z |
The nearly 30-year industry veteran will focus on increasing organic growth, recruiting high-quality financial advisors and the continued expansion of Strategic Blueprint, the firm's fast-growing RIA
ATLANTA, Aug. 11, 2022 /PRNewswire/ -- SFA Partners (SFAP), a family of companies focused exclusively on empowering independent financial advisors, announced today that it named Bryan Yvon as Director of Business Development. In his new position, Mr. Yvon will focus on bringing financial advisors into the SFA Partners community and promoting the organic growth of its existing professionals.
He will report to Jamie Mackay, SFA Partners Executive Vice President and Chief Operating Officer. Mr. Mackay was named to that role earlier this year.
Mr. Yvon is a longtime financial services industry veteran, starting in 1994 as a financial advisor at Allmerica Financial. Later, he embarked on a distinguished wholesaling career in 1998 with a stint at The Phoenix Funds.
From there, he spent more than two decades wholesaling across the Southeast for some of the largest asset managers in the country, including Transamerica, Prudential and WP Carey. Mr. Yvon most recently served as Director of Investment Relations at BC Partners.
Mackay said, "I'm thrilled to welcome Bryan to the SFA Partners community. His experience, not only as a wholesaler but as an advisor, makes him a perfect fit to accelerate our current growth trajectory. I look forward to partnering with him as he works to bring aboard new advisors and expand Strategic Blueprint, which has fast become a go-to destination for growth-focused, advice-based independent financial professionals."
SFA Partners has a wide range of affiliation options. Advisors can join as registered representatives or hybrid advisors via The Strategic Financial Alliance or as Register Investment Advisors through Strategic Blueprint, which has doubled its assets under management in the past two full years, growing from approximately $800 million to $1.6 billion.
Launched in 2017, Strategic Blueprint caters to entrepreneurial-minded independent advisors who want to grow their advisory businesses but don't want to deal with the time commitment, complexities and risks associated with running their own RIA firms.
Mr. Yvon said, "After 24 years of wholesaling, I'm excited to take on this new challenge. SFA Partners has a strong reputation in the industry and a very compelling story that I cannot wait to share with the marketplace. I think my skill set, extensive experience and contacts will allow me to hit the ground running, so I look forward to working with Jamie, existing advisors and recruits to not only reach but exceed the ambitious growth goals we have set for ourselves."
SFA Partners provides shared services for The Strategic Financial Alliance, Strategic Blueprint, and SFA Insurance Services.
About SFA Partners
SFA Partners provides shared services to a family of companies focused exclusively on empowering independent financial advisors. SFA Partners includes The Strategic Financial Alliance, Inc. (SFA), member FINRA/SIPC, a broker-dealer and investment adviser; Strategic Blueprint, LLC, a registered investment adviser; and SFA Insurance Services. Our wide breadth of services enables us to support a variety of advisor business models. Parent company, SFA Holdings, Inc. is owned by advisors, employees, and individual investors. SFA is a privately owned independent broker-dealer and Registered Investment Adviser, which serves approximately 150 independent financial advisors across the country, collectively supporting approximately $6 billion in advisory and brokerage assets as of March 31, 2022. Strategic Blueprint provides independent advisors the advantages of having their own RIA but none of the hassles through a range of services, including turnkey compliance, supervisory and back-office support; expert due diligence; an integrated technology stack; and a broad universe of asset management services. SFA Insurance Services provides advisors access to insurance solutions, supporting their ability to address the risk management needs of their clients.
Media Contact:
Michael Dugan
Haven Tower Group
424-317-4852 / mdugan@haventower.com
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SOURCE SFA Partners | https://www.wibw.com/prnewswire/2022/08/11/sfa-partners-names-bryan-yvon-director-business-development/ | 2022-08-11T13:56:45Z |
The past few pandemic years have not made for ideal circumstances for our children to make or deepen friendships.
At first, there was physical isolation, a clear and obvious hindrance to building or maintaining connection. Then we moved on to navigating each individual family's Covid-19 policies. Sure, our kids want to hang out. But are the parents and caregivers on the same page with masking, open windows and runny-nose monitoring? This was hard enough to determine with old friends, let alone with a family we'd just met.
Things loosened, many parents and caregivers let their guards down a bit, but by then the kids were rusty. Maybe they had friends, but from the parents' and caregivers' perspective, something was missing: an intimacy or dependency they recalled from their childhood friendships. Or maybe your kids went through the school year without reporting much in the way of anything about friends, new or old. Sometimes, this lack of connection didn't even seem to bother them.
"There was nothing we could do about social setbacks," said Anya Kamenetz, an education reporter and author of the upcoming book "The Stolen Year: How COVID Changed Children's Lives, and Where We Go Now." "Now there is some social catching up to do."
Odds are that all of our kids could use a little help rebuilding social ties as they enter this school year. Here are some ways to approach this latest challenge.
The challenge: Parents and caregivers, we can help our kids make new friends, and deepen friendships with current friends without embarrassing them on the playground or in group texts. Helicopter parenting is not necessary.
Why it's important: Friendships are an essential part of childhood, experts say. Not only for the self-evident reasons that connecting with others feels good, but also because they create important developmental opportunities that lead to higher functioning at school and in life.
"For young people, a lot of how they are building their identity is through their peers," said Karen VanAusdal, senior director of practice at CASEL, the Collaborative for Academic, Social and Emotional Learning. "Friendships are the places where we get to try out new ideas, practice new social skills, branch out of our comfort zone, and share our feelings." As important as family bonds are, friends provide a critical social outlet outside the family, where children can have more space to figure out who they are, she said.
Here are several expert-approved ways to approach it.
Start at the beginning
"Kids need to practice small things, like introducing themselves. Things as simple as "Hello, my name is ... What is your name? Do you want to play with me?" VanAusdal said. "Help them with conversation starters, how to talk about apologizing and sharing, and have them practice with their family first."
Last week, our 5-year-old -- who tends to struggle in new social situations -- had his first kindergarten playdate. As we were preparing him for meeting his new classmates the night before, I put this advice to work. Sadly, we had never explicitly taught him how to introduce himself before.
He didn't exactly ace it the next day — according to his reports, he forgot to share his name, or ask kids their names — but that script in his head made him feel more comfortable going up to new kids and asking them if they wanted to play.
Model curiosity
"I think parents can help their kids develop deeper friendships by asking their kids questions about their friends," said Maurice J. Elias, professor of psychology at Rutgers University in New Jersey and coauthor of "Emotionally Intelligent Parenting." "One of the reasons friendships aren't as deep, is because a lot of times kids are just focused on themselves."
If your kids are like mine, they won't know the answer to half of the questions you ask them about their friends, new and old. But I have noticed that our asking those questions on a regular basis has made our children excited to share any new details they learn about their friends with us. (Except for the times when they let me know there are secrets involved, which is a sign of curiosity, too.)
Modeling curiosity can take place in fictional realms as well. "Read books or watch movies together, and then talk about how the character is feeling. It is a really great way to have a conversation about feelings," Kamenetz said. In my experience, kids might not put the lessons they took from "Trolls World Tour" and their classroom dynamic together immediately, but these insights tend to seep out over time, and in meaningful ways.
You can also talk about your own life, which isn't as exciting as a movie or TV show but has the added value of being real. "Share examples of how friendship is important for you, so young people begin to understand the value of maintaining friendships over time," VanAusdal said.
Be open about potential friends
We parents and caregivers, whether we realize it or not, tend to have ideas about who is a suitable friend for our children, and who isn't. Kamenetz suggests we broaden our ideas about what kind of friends our kids might make, and where those friends might come from. "Some kids are going to do better with kids that are younger, and some might do better with kids who are older. Be supportive of that, too."
Preach inclusivity. Be proactive about making sure your kids know that everyone belongs, and everyone is potential friend material. "We can all think of ways of how to be better allies and work on being more inclusive of kids in our class who are neurodivergent, or who come from different races or religions (than our family)," Kamenetz said.
One bonus about discussing inclusivity in our house is that it has made our kids feel more comfortable about their differences — whether it's a quirky hobby, or the fact that we are Jewish. By envisioning a world that is an inclusive place, they see themselves as belonging too, and enter social situations a little more sure-footed.
Limit playdate screentime
This one is an evergreen, but try, if you can, to encourage analog play.
"Friendships can get stuck in the stage of parallel play for too long, because of electronic devices," Elias said. Parallel play, which is common in very young children, is when children are playing next to each other, but not engaging with each other. This kind of play makes it hard to connect through conversation, which is the bread and butter of lasting relationships, he said.
For kids who might need a small dose of digital time to help feel comfortable socializing again, Elias suggests trying to get them to play a game that is collaborative. "Make sure there is interaction and conversation, and they are working together on something," he said.
Take it slow
Whether they have clinically diagnosed anxiety disorder or they are neurodiverse or a little extra sensitive to the social stresses of the pandemic, there are some kids who will need more hand-holding or support than others when it comes to repairing friendships and friend-making. The most important thing is to take it slow, experts say.
All of the above guidance may take longer, or happen in fits and starts or small doses, and that's OK. Getting the school involved can help, too. Kamentez said she has heard of some schools doing lunch bunches — small groups of kids who eat lunch with a teacher in a classroom, or somewhere else far away from the potentially overwhelming cafeteria.
"My younger daughter was expressing angst about birthday parties," Kamentez said. "But I knew it was not helpful to just say to her 'Hey, why don't you want to go to a birthday party! They are fun,' and instead tell her that we just have to go for five minutes, and then we can leave."
The first time, they followed that plan. But each consecutive time they stayed longer and longer, and her daughter had more and more fun — all at the pace that worked for her.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/your-kids-may-need-help-making-friends-after-the-big-pandemic-pause-heres-how/article_5b41ea44-8739-50ca-b1f9-66d672cf9bef.html | 2022-08-09T12:28:17Z |
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 10, 2021 to its short form base shelf prospectus dated October 27, 2021.
VANCOUVER, BC, July 5, 2022 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE-American: GLDG) is pleased to announce the closing of the previously announced grant of an option on the Company's Almaden Project (the "Project"), located in Idaho, U.S.A. to a subsidiary of NevGold Corp. ("NevGold") and the Company's strategic investment in NevGold. As consideration for the option, the Company received consideration of C$3.0 million, which was satisfied by NevGold by issuing 4,444,444 common shares of NevGold ("NevGold Shares").
The Option
Pursuant to the option agreement between the parties (the "Option Agreement"), the Company's subsidiary has granted NevGold's subsidiary an option to acquire a 100% interest in the Project. To exercise the option, NevGold must, among other things:
- make a total of C$6 million of additional payments to GoldMining's subsidiary between January 1, 2023 and January 1, 2024, which payments may be satisfied by NevGold in cash or through the issuance of NevGold Shares, on the following schedule:
In the event that NevGold elects to satisfy any of the foregoing payments by issuing NevGold Shares, the number of such shares will be based upon the volume weighted average price of the NevGold Shares for the then-applicable 30-trading day period.
- complete qualifying expenditures on the Project aggregating to C$2.25 million, comprised of C$1.5 million on or before June 1, 2023 and a further C$0.75 million on or before December 31, 2023.
Strategic Investment
The Company has completed its initial strategic investment in NevGold by subscribing for 1,481,481 NevGold Shares at a price of C$0.675 per share for total subscription proceeds of C$1.0 million.
In connection with the closing of the initial option grant and the strategic investment, GoldMining and NevGold have entered into an investor rights agreement on customary terms, which provides for, among other things, the grant of certain anti-dilution rights by NevGold to GoldMining and the right to nominate one board member of NevGold, provided the Company maintains an equity interest in NevGold above 4.99%.
Pursuant to the Option Agreement, GoldMining has agreed to purchase additional NevGold equity in an amount to the lesser of C$1.25 million and 40% of the total gross proceeds raised by NevGold in the event NevGold completes a qualifying financing prior to November 30, 2022.
Early Warning Report
Prior to the acquisition of NevGold Shares disclosed herein, the Company did not beneficially own or exercise control and direction of any NevGold Shares. Immediately thereafter, the Company beneficially owned and exercised control and direction of 5,925,925 NevGold Shares, representing approximately 10.53% of the outstanding NevGold Shares, based upon 50,344,287 outstanding NevGold Shares as of July 3, 2022 prior to the issuance of the NevGold Shares to the Company.
The NevGold Shares were acquired by the Company for investment purposes, and in the future, the Company may acquire additional securities of NevGold, dispose of some or all of the existing or additional securities the Company holds or will hold, or may continue to hold its current position, depending on market conditions, reformulation of plans and/or other relevant factors.
An early warning report (the "Report") will be filed by the Company pursuant to NI 62-103 on SEDAR at www.sedar.com under the profile of NevGold. The Company's head office is located at 1030 West Georgia Street, Suite 1830, Vancouver, British Columbia, V6E 2Y3. To obtain a copy of the Report, please contact the Company as follows:
GoldMining Inc.
Attn: Pat Obara, Chief Financial Officer
1030 West Georgia Street, Suite 1830
Vancouver, BC V6E 2Y3
Tel: (855) 630-1001
About GoldMining Inc.
The Company is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, the Company now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, U.S.A., Brazil, Colombia and Peru. The Company also owns more than 20 million shares of Gold Royalty Corp. (NYSE American: GROY).
Forward-looking Statements
This document contains certain forward-looking statements that reflect the current views and/or expectations, including statements regarding the exercise and any future payments or expenditures under the Option Agreement and the expected benefits of the transactions under the Option Agreement. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: delays to plans caused by restrictions and other future impacts of COVID-19 or any other inability of the Company or NevGold to meet expected timelines for planned project activities; the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, the ability of NevGold to exercise the option under the Option Agreement, risks related to government and environmental regulation, social, permitting and licensing matters, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMiningꞌs Annual Information Form for the year ended November 30, 2021, and other filings with Canadian securities regulators and the U.S. Securities and Exchange Commission, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
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SOURCE GoldMining Inc. | https://www.mysuncoast.com/prnewswire/2022/07/05/goldmining-completes-grant-option-almaden-project-strategic-investment-nevgold/ | 2022-07-05T11:54:22Z |
DALLAS (AP) — Travelers flying home from July Fourth getaways faced flight delays Monday, but airlines were canceling fewer flights than in the days leading up to the holiday weekend.
Airlines had canceled more than 2,200 U.S. flights, and another 23,000 were delayed, since holiday weekend travel picked up on Thursday.
Airports were packed.
More than 9 million flyers flocked to U.S. airports between Thursday and Sunday, peaking at 2.49 million, a pandemic-era record, on Friday, according to figures from the Transportation Security Administration.
By early Monday afternoon on the East Coast, more than 1,300 U.S. flights had been delayed and nearly 200 canceled, according to FlightAware.
The good news: Those numbers were down sharply from recent days.
Flying during the peak vacation season has always been challenging. Big crowds and summer thunderstorms can quickly overwhelm an airline’s operations. That has been compounded this summer by shortages of pilots and other workers.
“It’s not just in North America, it’s everywhere,” said John Grant, an analyst for OAG, a travel-date provider based in the United Kingdom. “It’s a combination of available resources and demand picking up much more quickly than anyone anticipated.”
Grant said labor shortages in Europe and North America have affected airlines, their suppliers including caterers and aircraft fuelers, airports and air traffic controllers. He sees no reason to think the situation will improve anytime this summer.
In the U.S., the rate of cancellations over the last two weeks is up 59% from the same period in 2019, before the pandemic, likely due to a combination of weather, staffing shortages and air-traffic issues.
However, the rate of delayed flights is only slightly worse than it was in the last summer before the pandemic — 19.7% then, 21.5% now, according to FlightAware numbers.
While some of the disruption was due to bad weather, especially along the East Coast for part of the weekend, airlines also made unforced errors.
American Airlines accidentally dropped pilot assignments for thousands of flights in July because of a glitch in its scheduling program. A spokesman for the airline said Monday that the problem had been fixed and crew assignments had been restored for “the vast majority” of flights. He said the issue had no effect on July Fourth travel.
Ed Sicher, the new president of the union representing American’s pilots, said the airline had disregarded their contract by unilaterally reassigning pilots to about 80% of the affected flights. | https://cw33.com/business/ap-business/flight-cancellations-ease-slightly-as-july-4-weekend-ends/ | 2022-07-04T19:31:00Z |
- Reports Rumble's results for the full year 2021 -
- 1Q22 reflects new all-time records for Rumble across all key performance measures -
- Updates timing of proposed merger business combination completion -
NEW YORK and TORONTO, May 13, 2022 /PRNewswire/ -- CF Acquisition Corp. VI (Nasdaq: CFVI), a special purpose acquisition company sponsored by Cantor Fitzgerald, and Rumble Inc. ("Rumble"), the neutral video platform, announced today that CFVI has filed with the U.S. Securities and Exchange Commission ("SEC") an amended registration statement on Form S-4 (the "Registration Statement") in connection with the proposed business combination with Rumble. The Registration Statement, filed with the SEC today, includes Rumble's 2021 full year financial performance.
Rumble's strategy is currently focused on continuing its significant growth in users and user engagement, as well as building the tools that will enable future monetization of this consumption. As previously reported, Rumble's user base hit a new record in the first quarter of 2022, rising to an average of 41 million monthly active users ("MAUs") in the quarter, representing a 22% increase in MAUs relative to the fourth quarter of 2021.
The first quarter of 2022 included a record 10.5 billion minutes watched per month, and the platform received an average of 6,158 hours of uploaded video per day, representing increases of 23% and 88% respectively, over the fourth quarter of 2021. Rumble's significant growth in these metrics is a reflection of the platform's deep and growing pool of content creators, Rumble's continued value proposition as competing platforms continue to censor and cancel the voices of creators, increased uploads from a cloud services customer, and a number of new platform features.
CFVI and Rumble announced on December 1, 2021 that they entered into a definitive business combination agreement. The transaction will provide approximately $400 million of proceeds at close,[1] including $100 million of proceeds from a PIPE financing and $300 million of cash held in the trust account of CFVI. The proceeds will be used to attract new content creators to the Rumble and Locals platforms, continue to build out Rumble's independent infrastructure, expand Rumble's teams, begin robust marketing of the platform and services, make future acquisitions, and for other general corporate purposes.
The transaction has been unanimously approved by the board of directors of each of CFVI and Rumble and is expected to close early in the third quarter of 2022 subject to the Registration Statement being declared effective by the SEC, approval by CFVI and Rumble stockholders, Ontario court approval, and other customary closing conditions. The Rumble stockholders have agreed to support the transaction.
About Rumble
Rumble is a high-growth neutral video platform that is creating the rails and independent infrastructure designed to be immune to cancel culture. Rumble's mission is to restore the Internet to its roots by making it free and open once again.
About CF Acquisition Corp. VI
CFVI is a blank check company led by Chairman and Chief Executive Officer Howard W. Lutnick and sponsored by Cantor Fitzgerald.
About Cantor Fitzgerald
Cantor Fitzgerald, with over 12,000 employees, is a leading global financial services group at the forefront of financial and technological innovation and has been a proven and resilient leader for 77 years. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting and PIPE placements, prime brokerage, and commercial real estate on its global distribution platform. Cantor Fitzgerald & Co. is one of 24 primary dealers transacting business with the Federal Reserve Bank of New York. For more information, please visit: www.cantor.com.
Important Information and Where to Find It
The proposed transactions will be submitted to CFVI's stockholders for their consideration and approval at a special meeting of stockholders. In connection with the proposed transactions, CFVI has filed the Registration Statement, which included a preliminary proxy statement / prospectus in connection with CFVI's solicitation of proxies for the vote by CFVI's stockholders in connection with the proposed transactions and other matters as described in such Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Rumble's shareholders in connection with the completion of the proposed transactions. After the Registration Statement has been declared effective, CFVI will mail a definitive proxy statement / prospectus and other relevant documents to its stockholders as of the record date established for voting on the proposed transactions. Investors and security holders of CFVI are advised to read the preliminary proxy statement and any amendments thereto, and, when available, the definitive proxy statement / prospectus, in connection with CFVI's solicitation of proxies for its special meeting of stockholders to be held to approve the proposed transactions because the proxy statement / prospectus will contain important information about the proposed transaction and the parties to the proposed transactions. Investors and security holders will be able to obtain free copies of the Registration Statement, including the proxy statement / prospectus and all other relevant documents filed or that will be filed with the SEC by CFVI through the website maintained by the SEC at www.sec.gov. The documents filed by CFVI with the SEC also may be obtained free of charge upon written request to CFVI at 110 East 59th Street, New York, NY 10022.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PRESS RELEASE, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS PRESS RELEASE. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.
Participants in the Solicitation
CFVI and Rumble and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from CFVI's stockholders in connection with the proposed transactions. CFVI's stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and executive officers of CFVI in the Registration Statement. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from CFVI's stockholders in connection with the proposed business combination is set forth in the Registration Statement.
No Offer or Solicitation
This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of CFVI or Rumble, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the proposed transaction between CFVI and Rumble. Such forward-looking statements include, but are not limited to, statements regarding the closing of the transaction and CFVI's, Rumble's, or their respective management teams' expectations, hopes, beliefs, intentions or strategies regarding the future. The words "anticipate", "believe", "continue", "could", "estimate", "expect", "intends", "may", "might", "plan", "possible", "potential", "predict", "project", "should", "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to assumptions, risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of CFVI and Rumble. Many factors could cause actual future events to differ from the forward looking-statements in this press release, including but not limited, to (i) the risk that the transaction may not be completed in a timely manner or at all, (ii) the failure to satisfy the conditions to the consummation of the transaction, (iii) the inability to complete the PIPE offering, (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement , (v) the outcome of any legal proceedings that may be instituted against Rumble and/or CFVI related to the business combination agreement, (vi) the ability to maintain the listing of CFVI stock on Nasdaq (or, if applicable, to list and maintain the listing of the combined entity on the NYSE), (vii) costs related to the transactions and the failure to realize anticipated benefits of the transactions, (viii) the effect of the announcement or pendency of the transaction on Rumble's business relationships, operating results, performance and business generally, (ix) changes in the combined capital structure of Rumble and CFVI following the transactions, (x) changes in laws and regulations affecting Rumble's business, (xi) risks related to Rumble's potential inability to achieve or maintain profitability and generate cash, (xii) the enforceability of Rumble's intellectual property, including its patents and the potential infringement on the intellectual property rights of others, (xiii) the potential for and impact of cyber related attacks, events or issues effecting Rumble, its business and operations, and (xiv) other risks and uncertainties indicated from time to time in the filings of CFVI, including the definitive Registration Statement that CFVI will file, which will include a proxy statement/prospectus related to the potential business combination. 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. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Rumble and CFVI assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither Rumble nor CFVI gives any assurance that either Rumble or CFVI will achieve its expectations.
- Assumes no redemptions by CFVI's public stockholders and prior to payment of transaction expenses and stock repurchase.
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SOURCE Rumble and CFVI | https://www.mysuncoast.com/prnewswire/2022/05/13/cf-acquisition-corp-vi-rumble-announce-filing-amended-registration-statement-connection-with-their-proposed-business-combination/ | 2022-05-13T11:46:05Z |
Tragedies prove some labor is still risky, dangerous
If you think unions and government safety regulations are needless and unnecessary burdens to business, drive over to Alliance and tell that to the family of the late Joseph Ferrall.
Ferrall, just 34, recently left behind a wife and three small sons, after a fatal industrial accident July 26 at the TimkenSteel Faircrest plant in Perry Township.
Ferrall was severely burned when a furnace exploded. He died three weeks later, on Aug. 19. Two others also were injured, but survived.
Regardless of how many computers and robots have been installed, many blue-collar jobs like the ones found in steel mills remain dangerous places.
More Charita Goshay:July 4, 1776, was only the start
We've been lulled into thinking technology has reduced the need for unions and for such agencies as the U.S. Occupational Safety and Health Administration.
Both entities often are accused of making it harder to do business. But unions, which have been demonized since the Gilded Age, are the reason there are eight-hour work days, paid vacations, health care benefits and until recently, pensions.
From the coal fields of West Virginia to the slaughterhouses of Chicago, people fought and died for the benefits and humane working conditions we take for granted as basic rights.
Yes, there are cases of abuse and fraud within union ranks. We also know the very same can be said for white-collar America. It wasn't shop stewards who triggered the banking crisis of 2008-2009, which nearly took this country over the cliff.
Fast forward to the billions stolen from the Paycheck Protection Program by people who would rather risk prison than carry a lunch pail and do an honest day's work.
Unions are the reason why your 10-year-old grandchild isn't digging ditches or assembling overpriced sneakers, unlike in other countries where there are no child-labor laws.
Unions are why, once upon a time, America had a strong middle class.
Attacks on unions, and outsourcing jobs under the guise of globalization are why we now don't.
Labor Day, by the way, is a union holiday enjoyed by the very people who oppose them.
It's hard to understand why life at times seems grossly unfair. Not that they are of less value, but there are a lot of people wandering about these days with no purpose, and aren't looking for one. Meanwhile, a husband and father dies for simply doing his job?
Those who knew and loved Joseph Ferrall say he was wholly committed to his wife, Amber, whom he met when they were 8 years old, and their sons Tucker, 8, Colton, 6, and Jaxxon, 3.
His death is just the latest for TimkenSteel, which was tagged as a "severe violator" by OSHA in 2015.
In 2015, a worker suffered a 40-foot fall from a crane while performing maintenance at the Faircrest plant. OSHA investigators reported a lack of guardrails, safety devices, and protective equipment. It was the second serious injury that year.
In May of that same year, 1,000 pounds of equipment fell from a crane onto a worker at TimkenSteel's Gambrinus plant.
This past June, TimkenSteel was fined $315,000 by OSHA due to a fatality that occurred at its Gambrinus plant in December 2021.
The face of working America is Joseph Ferrall. It is Ray Sullivan, a 27-year-old from Waynesburg who died last week following accidental exposure to hydrogen sulfide at the U.S. Ecology Co. in Canton Township. A total of five workers were injured. OSHA is investigating.
A recent story by Massillon Independent reporter Amy L. Knapp states that Ferrall told family and friends he didn't want to work at Faircrest because it was dangerous.
In 2016, a Faircrest employee died from asphyxiation after entering a room filled with nitrogen gas.
Today, Ferrall's family and friends are holding a 21-day protest to bring attention to his death and to what they say are still dangerous conditions in the plant.
The men and women who work to build America deserve safety and protection. It's a standard that shouldn't require demands from a union, the government or a grieving family.
It should be the American way.
Charita M. Goshay is a Canton Repository staff writer and member of the editorial board. Reach her at 330-580-8313 or charita.goshay@cantonrep.com. On Twitter: @cgoshayREP | https://www.cantonrep.com/story/opinion/columns/2022/09/04/charita-goshay-many-working-americans-are-still-at-risk-timkensteel-joseph-ferrall-osha/65461808007/ | 2022-09-04T10:14:20Z |
Nonprofit hosts town hall ahead of Oklahoma primary
DURANT, Okla. (KXII) - A Durant nonprofit hosted an Oklahoma candidate town hall Monday evening.
“We had candidates across the ballot were able to come out and give us their platform, engage with people,” said Kara Byrd, executive director of Imagine Durant.
Monday evening outside the Donald W. Reynolds Library in Durant, Vote 580 hosted a town hall free to the public ahead of Oklahoma’s primary election.
“It’s just really an opportunity for our constituents in our community to be informed before heading to the polls tomorrow,” said Byrd.
Vote 580 is a nonpartisan branch of Imagine Durant, a non profit. It was their first election event as a group.
“It’s really laid back and you know they get to share their platform, what they want to do in office. And there’s a lot of people that showed up here. And I believe the 580 has done a great job here to educate people,” said James Dry, a Bryan County voter.
Dry was impressed by the candidates’ honesty to the community.
“Try to get 5 to 10 people that you know to go out and vote and let’s set a record here in Southeastern Oklahoma on voter turnout,” said Dry.
All Republican and Democrat candidates on the ballot were invited to speak. 17 showed up to take the mic and shake hands with local voters.
“Well I am long time involved in government in our political situation, very concerned about America, concerned about Oklahoma,” said Bill Ledbetter, a Bryan County voter.
If you missed the town hall, be sure to do your research on who will be on your ballot before you head to your local polling place.
“The people are responsible for their Congress. Whether we have problems or whether we’re doing well, that’s our responsibility, not theirs,” said Ledbetter.
Find Election Day information here, and be sure to follow the election with coverage on News 12.
“These people are making decisions that affect your future, they shape your history,” said Byrd.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/28/nonprofit-hosts-town-hall-ahead-oklahoma-primary/ | 2022-06-28T04:00:15Z |
Company also makes $60,000 contribution to send 10 kids to camp
WHEATLEY HEIGHTS, N.Y., Aug. 9, 2022 /PRNewswire/ -- Aflac and Sunrise Association, delivered My Special Aflac Ducks® to more than 150 children and families facing childhood cancer today at Sunrise Day Camp – Long Island in Wheatley Heights, New York, and in the following days will make My Special Aflac Duck available to Sunrise campers across the United States. The deliveries are part of a national sponsorship with Sunrise Association, whose mission is to bring back the joys of childhood to children with cancer and their siblings in the U.S. and abroad.
My Special Aflac Duck is an award-winning social robot developed by Aflac to help provide comfort, joy and distraction to children with cancer and sickle cell. It is a cornerstone of Aflac's 27-year commitment to helping children with cancer and blood disorders, which also includes more than $160 million in contributions to the Aflac Cancer and Blood Disorders Center at Children's Healthcare of Atlanta. In 2018, Time Magazine named My Special Aflac Duck one of the top 50 inventions of the year.
"We are thrilled to introduce My Special Aflac Duck to campers at the Sunrise Day Camps in Long Island and at their various camps across the country, as we have done for more than 16,000 children in the U.S., Japan and Northern Ireland since 2018," The Aflac Foundation, Inc. President Kathelen Amos said. "The Aflac Duck has become a tangible, innovative companion for children as they go through their journey. We are making an impact on such an important cause and couldn't be more proud."
In addition to making My Special Aflac Ducks available to children participating in the eight Sunrise Association camps in the U.S., Aflac will also help send 10 children to camp in the coming year through a $60,000 contribution to the organization. Sunrise Association does not charge families for their camp experiences.
"Aflac's contribution will help us to continue offering our programs to these amazing children and families without ever having to charge a fee. Their My Special Aflac Duck program also aligns perfectly with our mission to bring joy to these children through our camp experiences," said Sunrise Association's President and CEO Arnie Preminger. "We could not be more pleased with this new relationship with one of America's strongest and more purposeful brands."
Features of My Special Aflac Duck include an interactive mobile app that allows children to virtually bathe and feed their duck, customizable soundscapes that provide soothing visuals and sounds, smart sensors that enable touch and awareness of light and sounds, and a calming heartbeat and breathing vibrations. To help children express themselves, the duck also comes with seven feeling discs that, when tapped individually to a sensor on the duck's chest, prompt My Special Aflac Duck to emulate each different emotion. Since 2018, Aflac has distributed – free-of-charge - more than 16,000 My Special Aflac Ducks to children in the United States, Japan and Northern Ireland. Each unit costs the company approximately $200.
Healthcare providers, support organizations and families seeking to order My Special Aflac Duck for their children or patients 3 years or older who have been diagnosed with cancer or sickle cell disease may do so by visiting https://aflacchildhoodcancer.org. All My Special Aflac Ducks are provided and delivered free of charge.
ABOUT AFLAC INCORPORATED
Aflac Incorporated (NYSE: AFL) is a Fortune 500 company helping provide protection to more than 50 million people through its subsidiaries in Japan and the U.S., paying cash fast when policyholders get sick or injured. For more than six decades, insurance policies of Aflac Incorporated's subsidiaries have given policyholders the opportunity to focus on recovery, not financial stress. In the U.S., Aflac is the number one provider of supplemental health insurance products1. Aflac Life Insurance Japan is the leading provider of medical and cancer insurance in Japan, where it insures 1 in 4 households. In 2021, Aflac Incorporated was proud to be included as one of the World's Most Ethical Companies by Ethisphere for the 16th consecutive year. Also in 2021, the company was included in the Dow Jones Sustainability North America Index and became a signatory of the Principles for Responsible Investment (PRI). In 2022, Aflac Incorporated was included on Fortune's list of World's Most Admired Companies for the 21st time and Bloomberg's Gender-Equality Index for the third consecutive year. To find out how to get help with expenses health insurance doesn't cover, get to know us at aflac.com or aflac.com/español. Investors may learn more about Aflac Incorporated and its commitment to ESG and social responsibility at investors.aflac.com under "Sustainability."
1 LIMRA 2021 U.S. Supplemental Health Insurance Total Market Report
ABOUT SUNRISE
The Sunrise Association brings the magic of childhood to children with cancer and their siblings at 11 Summer Day Camps around the world, Year-Round Programs, and In-Hospital Recreational Activities, all offered free of charge. Sunrise Day Camps are located in New York (3 locations), Baltimore, Metro DC, Atlanta, Israel (3 locations), Greater Philadelphia, and online (Sunrise VX Virtual eXperience).
Media contact: Jon Sullivan, 706-763-4813 or jsullivan@aflac.com
Analyst and investor contact: David A. Young, 706-596-3264, 800-235-2667 or dyoung@aflac.com
Aflac | WWHQ | 1932 Wynnton Road | Columbus, GA 31999
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NEW YORK, Aug. 30, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
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this notice or your rights or interests, please contact:
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Lottery.com Inc. (NASDAQ: LTRY)
Weiss Law is investigating possible breaches of fiduciary duty and violations of the federal securities laws by the Board of Directors and certain Company officers of Lottery.com Inc. (NASDAQ: LTRY) relating to: (i) an admitted lack of adequate internal controls and procedures over financial reporting, including the failure to report entry into to a line of credit, failure to properly recognize revenue and the reporting of cash, and the inability to continue as a going concern; and (ii) noncompliance with state and federal laws governing the sale of lottery tickets. . If you own LTRY shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/ltry
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Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Professional Holding Corp. (NASDAQ: PFHD) in connection with the proposed acquisition of PFHD by Seacoast Banking Corporation of Florida ("Seacoast"). Under the terms of the merger agreement, PFHD shareholders will receive 0.8909 shares of Seacoast common stock for each PFHD share owned, representing implied per-share merger consideration of approximately $29.08 based upon Seacoast's August 29, 2022 closing price of $32.64. If you own PFHD shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/pfhd
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SOURCE Weiss Law | https://www.wibw.com/prnewswire/2022/08/30/shareholder-alert-weiss-law-reminds-ltry-mstr-gbt-pfhd-shareholders-about-its-ongoing-investigations/ | 2022-08-30T18:56:51Z |
WASHINGTON (AP) — More than two years into the COVID-19 pandemic, U.S. health officials are beginning to grapple with how to keep the vaccines updated to best protect Americans from the ever-changing coronavirus.
On Wednesday, a panel of vaccine advisers to the Food and Drug Administration spent hours debating key questions for revamping the shots and conducting future booster campaigns. They didn’t reach any firm conclusions.
The questions facing the experts included: How often to update the vaccines against new strains, how effective they should be to warrant approval and whether updates should be coordinated with global health authorities.
Last week, the FDA authorized a fourth dose of the Pfizer or Moderna vaccines for anyone 50 or older and for some younger people with severely weakened immune systems. It’s an effort to get ahead of another possible surge.
But the FDA’s vaccine chief Dr. Peter Marks acknowledged at the meeting “we simply can’t be boosting people as frequently as we are.” He called the latest booster update a “stopgap” measure to protect vulnerable Americans while regulators decide whether and how to tweak the current vaccines.
Marks cautioned that waning vaccine protection, new variants and colder weather in the fall could raise the risk of more surges.
“Our goal here is to stay ahead of future variants and outbreaks and ensure we do our best to reduce the toll of disease and death due to COVID-19,” said Marks, adding that he expects more meetings of the vaccine panel in coming months.
Some of the key questions the panel discussed:
HOW SHOULD THE U.S. DECIDE WHEN TO LAUNCH FUTURE ROUNDS OF BOOSTER SHOTS?
One area where experts appeared to agree is that vaccines should be judged on their ability to prevent severe disease that leads to hospitalization and death.
“We need to focus on the worst case, which is severe disease, and we need to change strains when we’re losing that battle,” said Dr. Mark Sawyer of the University of California, San Diego.
By that measure, the current vaccines have held up remarkably well.
During the last omicron-driven surge, two vaccine doses were nearly 80% effective against needing a breathing machine or death — and a booster pushed that protection to 94%, federal scientists recently reported.
But only about half of Americans eligible for a third shot have gotten one. And many experts said it was unsustainable to continue asking Americans to get boosted every few months.
A panelist from the Centers for Disease Control and Prevention suggested that the 80% protection from severe disease could become the standard for evaluating the vaccines.
“I think we may have to accept that level of protection and then use other alternative ways to protect individuals with therapeutics and other measures,” said Dr. Amanda Cohn, CDC’s chief medical officer.
Presentations at the meeting by government health officials and independent researchers underscored the challenges of predicting when the next major COVID-19 variant might appear.
Trevor Bedford, a disease modeler with the Fred Hutchinson Cancer Research Center, said a major new strain like omicron could emerge anywhere from every 1.5 years to once a decade, based on currently available data. Given that unpredictability, researchers will need methods to quickly determine whether current vaccines work against emerging variants.
WHAT’S THE PROCESS FOR UPDATING VACCINES TO ADDRESS NEW VARIANTS?
All three COVID-19 vaccines now used in the U.S. are based on the original coronavirus version that emerged in late 2019. Updating the vaccines will be a complex task, likely requiring coordination between the FDA, manufacturers and global health authorities.
To speed the vaccines to market, the FDA relied on research shortcuts to judge effectiveness, mainly looking at their early impact on the immune system’s antibody levels. A number of panelists said Wednesday they wanted more rigorous data from studies that track patients over time to see who gets sick or dies.
But that approach would likely be too time consuming.
“We’re looking at a conundrum here in that it’s going to be hard to generate all the data we want in short order when a new variant emerges,” said Dr. Ofer Levy of Harvard Medical School.
A representative for the U.S. Biomedical Advanced Research and Development Authority laid out the narrow window that manufacturers could face to reformulate, study and mass produce an updated vaccine by September.
“If you’re not on your way to a clinical trial by the beginning of May, I think it’s going to be very difficult to have enough product across manufacturers to meet demand,” said Robert Johnson, deputy assistant secretary of BARDA.
The process for updating annual flu vaccines offers one possible model, as laid out by a representative from the World Health Organization.
Twice a year, WHO experts recommend updates to flu vaccines to target emerging strains. The FDA then brings those recommendations to its own vaccine panel, which votes on whether they make sense for the U.S., setting the stage for manufacturers to tweak their shots and begin mass production.
But COVID-19 hasn’t yet fallen into a predictable pattern like the flu. And as the coronavirus evolves, different strains may become dominant in different regions of the world.
Several experts said they would need more meetings with more data and proposals from the FDA to decide on a strategy.
“We’ve never been here before. We’re all working together to do the best we can and it’s very complex,” said Oveta Fuller of the University of Michigan’s Medical School.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content. | https://cw33.com/health/ap-health/us-experts-discuss-covid-boosters-for-the-fall-and-beyond/ | 2022-04-07T06:22:37Z |
Together, BARR Certifications and BARR Advisory are one of nine U.S. firms accredited to issue both ISO/IEC 27001 and 27701 certifications and SOC 2 audit reports, respectively.
KANSAS CITY, Mo., Aug. 16, 2022 /PRNewswire/ -- BARR Certifications, a partner of the cybersecurity compliance solutions provider BARR Advisory, recently earned accreditation for ISO/IEC 27701 by the ANSI National Accreditation Board (ANAB).
The accreditation by the ANAB—the largest multi-disciplinary accreditation body in North America—validates BARR's competence in performing certification services to both ISO/IEC 27001 and 27701 standards.
ISO/IEC 27001 defines the requirements of an Information Security Management System (ISMS). Obtaining the ISO/IEC 27001 certification from an accredited certification body like BARR means an organization has demonstrated adherence to a global framework that includes controls surrounding the security of services, data, intellectual property, and more.
An extension of ISO/IEC 27001, ISO/IEC 27701 focuses on data privacy and outlines requirements for establishing, implementing, maintaining, and continually improving an organization's Privacy Information Management System (PIMS). The internationally accepted standard is essential for organizations that process Personally Identifiable Information (PII).
"For organizations eager to stand out in a crowded market of cloud service providers, these certifications serve as differentiators that not only demonstrate the maturity of your information security management systems, but also affirm your commitment to protecting and securing consumer and third-party data," said BARR Certifications and BARR Advisory founder and president Brad Thies.
Together, BARR Certifications and BARR Advisory are one of only nine firms in the U.S. that meet the requirements of the ANAB and the American Institute of Certified Public Accountants (AICPA) to issue both ISO/IEC 27001 and 27701 certifications and SOC 2 audit reports, respectively.
"We're excited that our recent accreditation for certification to ISO/IEC 27701 gives us another tool in our belts to help companies achieve their security and compliance goals," Thies said. "In the months and years to come, we look forward to continuing to find new ways to work toward our mission of creating a more secure world."
Learn more about achieving certification to ISO/IEC 27001 and 27701 with BARR: https://barrcertifications.com/how-it-works/iso-iec-27701/
BARR is a cloud-based security and compliance solutions provider specializing in cybersecurity consulting and compliance for companies with high-value information in cloud environments like AWS, Microsoft Azure, and Google Cloud Platform. A trusted advisor to some of the fastest growing cloud-based organizations around the globe, BARR simplifies compliance across multiple regulatory and customer requirements in highly regulated industries including technology, financial services, healthcare, and government.
BARR Advisory and BARR Certifications services include:
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SOURCE BARR Advisory | https://www.mysuncoast.com/prnewswire/2022/08/16/barr-certifications-earns-accreditation-certification-isoiec-27701/ | 2022-08-16T15:01:42Z |
(The Hill) – Senate Democrats fell short of an effort Sunday to overrule a decision by the parliamentarian that effectively struck down a proposal sponsored by Sen. Raphael Warnock (D-Ga.) to cap out-of-pocket insulin costs at $35 a month for people not covered by Medicare.
Sen. Lindsey Graham (R-S.C.), the ranking member of the Budget Committee, sought to enforce the parliamentarian’s ruling that Warnock’s cap on insulin prices violated the Byrd Rule because it would set prices in the commercial market and therefore couldn’t pass with a simple majority vote.
Senate Democrats insisted on a vote to waive the procedural objection to put Republican senators on record, including Sen. Ron Johnson (R-Wis.), the most vulnerable member of the GOP conference, as opposing a popular proposal to rein in insulin prices.
The Senate voted 57-43 to waive the procedural objection against the insulin price cap but Democrats scored a symbolic victory when seven Republicans voted with the Democrats: Sens. Bill Cassidy (R-La.), Susan Collins (R-Maine), Josh Hawley (R-Mo.), Cindy Hyde-Smith (R-Miss.), John Kennedy (R-La.), Lisa Murkowski (R-Alaska) and Dan Sullivan (R-Alaska).
“We’re going to force them to vote no and put them on the record,” said one Democratic senator before the vote, explaining the political strategy ahead of a vote lawmakers knew ahead of time was going to fail.
All 43 “no” votes came from Republicans.
The vote was unusual as the majority party rarely insists on a vote to overrule the parliamentarian’s decision on whether a legislative proposal is protected by the special budgetary rules that allow it to pass with a simple-majority vote.
Senate Health Committee Chairwoman Patty Murray (D-Wash.) said colleagues who voted to override the parliamentarian would allow “people to get insulin at $35 a month.”
“Thirty-seven million people in our country have diabetes, and it’s absolutely wrong that many of them cannot afford the insulin they need to live,” she said. “I’ve heard from people in my state who risk their life and ration insulin to make ends meet, all the while drug companies are jacking up prices.”
“The cost of insulin has tripled over the last decade,” she said.
Democrats won a partial victory, however, because the parliamentarian allowed Warnock’s $35 insulin cap to apply to Medicare beneficiaries, which could influence prices in the private market.
A Democratic aide called the cap on insulin for people covered by Medicare “a big deal.”
The aide noted that 1 in every 3 Medicare beneficiaries have diabetes and more than 3.3 million Medicare beneficiaries use common forms of insulin, according to the Centers for Medicare and Medicaid Services.
Senate Minority Whip John Thune (R-S.D) told reporters on Sunday morning that Democrats knew well before the vote that the parliamentarian ruled a cap on insulin prices in the private market a violation of Senate rules.
“She knocked it out. They added it back in and basically, you know, wanted to tempt us to, I guess, vote against it,” Thune said, while taking aim at Democrats for “overruling the parliamentarian.”
He said the effort to overturn the parliamentarian undermined the integrity of Senate procedure and Senate rules.
“It undermines the whole reconciliation process if you if you start doing that,” he said. “So, I mean, I think there’s a right way and wrong way to do it. They want to get that vote, there’s a lot of ways they can get that vote, but doing it this way, was the wrong way to do it.”
Warnock pushed back on Thune’s remarks, telling The Hill ahead of the vote that the blame would fall on Republicans if a major portion of the insulin cap fell out of the bill.
“The parliamentarians’ rules are not self-enforced,” Warnock said. “So, only when we don’t do what 20 other states have already done, many of them red states, is if folks here decide to put politics in front of the people.”
“We can get this done and if it doesn’t get done, it’s on them,” he said.
The vote on Sunday comes a day after another provision was struck from the bill that sought to lower drug prices by targeting drug companies with price increases that outpaced the rate of inflation. | https://cw33.com/news/nexstar-media-wire/democrats-fail-to-overrule-parliamentarian-on-insulin-price-cap-as-gop-votes-no/ | 2022-08-07T17:46:00Z |
MOSCOW (AP) — Russia would be ready to consider a U.K. appeal over the fate of two Britons sentenced to death for fighting for Ukraine, the Kremlin said Tuesday.
Kremlin spokesman Dmitry Peskov said neither Moscow nor the pro-Russian separatists in eastern Ukraine who passed the sentence had heard from London on the issue.
“You need to apply, of course, to the authorities of the country whose court passed the verdict, and that is not the Russian Federation,” Peskov said. “But, of course, everything will depend on appeals from London. And I am sure that the Russian side will be ready to listen.”
The two Britons, Aiden Aslin and Sean Pinner, as well as Moroccan man named Brahim Saadoun, were sentenced to death last week for allegedly fighting as mercenaries by a court in the self-proclaimed Donetsk People’s Republic. The internationally unrecognized territory encompasses parts of Ukraine’s eastern Donetsk region seized by Russia-backed separatists since 2014.
Both U.K. and Ukrainian authorities have declared the verdict null and void, with London decrying proceedings as “a sham.” British Foreign Secretary Liz Truss said earlier Tuesday that the best route to secure Aslin’s and Pinner’s release was “through the Ukrainians,” but added that she would do “whatever it takes.”
Separatist authorities in Donetsk said the men had a month to appeal their sentences. The Ukrainian government in Kyiv has since pledged to try to secure the release of all three through a prisoner swap with Russia.
___
Follow all AP stories on the fighting in Ukraine at https://apnews.com/hub/russia-ukraine. | https://cw33.com/news/international/ap-international/russia-ready-to-listen-should-uk-make-appeal-on-prisoners/ | 2022-06-15T01:07:08Z |
MADRID (AP) — The Latest on the G-7 summit, the annual meeting of the leading democratic economies, which this year is being held in the Bavarian Alps in Germany; and on the NATO summit in Madrid, where leaders begin gathering later Tuesday:
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British Prime Minister Boris Johnson is urging other NATO allies to increase their military spending — but is being accused by his own defense minister of underfunding the U.K.’s armed forces.
Britain is among nine of the 30 NATO countries that meets the alliance’s target of spending at least 2% of Gross Domestic Product on defense. Johnson said Tuesday that the current figure is 2.3%, adding that he would be “having a conversation” about spending at this week’s NATO summit in Madrid.
But Defense Secretary Ben Wallace said the military had been underfunded for years by successive governments and had been fed “a diet of smoke and mirrors, hollowed-out formations and fantasy savings, when in the last few years threats from states have started to increase.”
Despite the increased spending, the size of Britain’s military is shrinking. The British Army is set to be cut from 82,000 troops to 72,500.
Wallace told a think tank conference in London that there is a risk Russia “will lash out against wider Europe” and “it is time to mobilize, be ready and be relevant.”
___
KEY DEVELOPMENTS:
— How a G-7 ban on Russian gold would work
— Zelenskyy tells G-7 summit Ukraine forces face urgent moment
— The AP Interview: Spanish PM says NATO summit to show unity
— NATO holds summit with gaze on Russia — and China
— Tale of 2 summits: ‘America’s back’ to America’s backsliding
___
OTHER DEVELOPMENTS:
The United States and Spain have issued a joint declaration condemning Russia for invading Ukraine, emphasizing their defense partnership through NATO and pledging to promote safe and orderly migration.
U.S. President Joe Biden is in Spain for the NATO summit. He met Tuesday with Spanish Prime Minister Pedro Sánchez.
The four-page declaration says Russia’s February invasion of Ukraine “fundamentally altered the global strategic environment.” It adds that the “aggression constitutes the most direct threat to transatlantic security and global stability since the end of the Cold War.”
It says both countries will work to strengthen legal migration pathways, especially for people from the Caribbean and Latin America. The U.S. and Spain also recognize the importance of cooperating to address what the declaration calls “irregular” migration from North Africa — a pressing problem for Spain.
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NATO Secretary-General Jens Stoltenberg says the military alliance will commit to reaching net zero greenhouse gas emissions by 2050 for its forces at this week’s summit in Madrid.
“NATO is determined to set the gold standard on discussing the security challenges of climate change,” Stoltenberg said Tuesday in Spain’s capital as world leaders arrived for two days of talks.
Stoltenberg says that NATO’s immediate goal will be reducing the greenhouse gas emissions of its military forces by 45% by 2030.
He said climate change is “a crisis multiplier,” so it matters for security.
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WASHINGTON — The United States has announced new sanctions on 29 people and 70 Russian firms related to the Kremlin’s defense industry, as punishment for Russia’s invasion of Ukraine.
The targeted companies include state-owned Rostec, a state-owned defense conglomerate, and its affiliated companies.
The move came in combination Tuesday with the Group of Seven announcement to ban imports of Russian gold, and price caps on Russian oil.
Treasury Secretary Janet Yellen said the sanctions will degrade Putin’s capabilities and further impede his war against Ukraine, which has already been plagued by poor morale, broken supply chains, and logistical failures.”
___
The mayor of the Ukrainian capital Kyiv, Vitali Klitschko and his brother, Wladimir, are in Madrid and have met Spain’s King Felipe VI at a NATO Public Forum debate on the eve of the NATO summit in the Spanish capital.
The two brothers were in the audience when the king made his address to the forum Tuesday and met the monarch as he left.
The king said their presence was “a very pleasant surprise” and that he had conveyed to them Spain’s “support and our deep thoughts and friendship with your nation, with your people.”
The brothers, both former heavyweight boxing champions, work together to keep Kyiv running during the ongoing war with Russia.
NATO has invited Ukrainian President Volodymyr Zelenskyy to the summit, but it is expected that he will appear only by video conference.
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Italian Premier Mario Draghi says a U.N. plan to bring grain out of Ukraine via safe sea corridors could save as much as a month in emptying silos in time for the autumn harvest, since it doesn’t require demining ports.
Draghi said a briefing that G-7 leaders received from U.N. Secretary-General Antonio Guterres on the plan was “one of the most important” of the summit and was, “all in all, good news.” But he said it requires Russia’s swift approval.
Draghi said Tuesday the key elements of the plan involve using existing safe corridors in and out of ports, ensuring cargo ships are protected by the U.N. from possible Russian attacks, and that the ships are then inspected to prevent weapons from arriving. Draghi said Putin had insisted on this.
He said Russia had in principle accepted the three-part involvement in the project of Ukraine, Turkey and the U.N..
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Russia’s state space corporation Roscosmos marked the gathering of leaders for the NATO summit by publishing satellite images and the precise coordinates of a conference hall in Madrid where it’s being held.
It also published on its messaging app channel Tuesday the coordinates of the White House, the Pentagon and of government headquarters in London, Paris and Berlin.
It described them as the “decision-making centers supporting the Ukrainian nationalists” – a reference to Western nations’ support for Kyiv in the face of Russia’s invasion.
The corporation noted that NATO allies were set to declare Russia an enemy at their summit in Madrid, adding that it was publishing precise coordinates “just in case.”
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Italian Premier Mario Draghi says G-7 leaders were concerned about Russian advances in eastern Ukraine but that President Volodymyr Zelenskyy was optimistic about Ukraine’s ability to mount a successful counterattack.
Zelenskyy addressed the Group of Seven meeting via video link.
“One of the things that President Zelenskyy told us was that a counter-offensive would be starting, which he was confident would succeed,” Draghi said.
Asked about reported doubts from the White House, Draghi said: “It’s not so much doubts expressed by President (Joe) Biden as concern for the Russian progress that has taken place. I can’t say anything more on this.”
___
Italian Premier Mario Draghi says the Indonesian presidency of the Group of 20 nations has ruled out in-person participation by Russian President Vladimir Putin at the November meeting of the group in Bali.
The Nov. 15-16 summit risked awkward diplomatic encounters if Putin were to have come. The Kremlin had said earlier that Putin intended to go.
But Draghi, whose country held the G-20 presidency before handing it off to Indonesia, said Tuesday the G-7 had rallied to support Indonesian President Joko Widodo to organize a successful summit.
Asked about the Kremlin’s announcement that Putin would participate, Draghi said: “President Widodo excludes it. He was categorical: (Putin) is not coming. What might happen — I don’t know what will happen but what might happen is perhaps a remote intervention.”
___
French President Emmanuel Macron is calling on oil-producing countries to boost output and thereby lower world prices pushed up by the war in Ukraine.
He said Tuesday the prices are putting European economies in an “untenable” situation.
Speaking at the end of a G-7 summit in Germany on Tuesday, Macron welcomed the group’s discussions on a price cap for oil as “a very good idea,” but added: “The difficulty is technical.”
He said it’s crucial to include all major oil-buying countries in any cap agreement for it to be effective.
Macron said he discussed boosting oil production with the president of the United Arab Emirates, and expressed hope that U.S. President Joe Biden gets a “positive response” in talks about oil in an upcoming visit to Saudi Arabia.
Macron said oil producers have an “immense responsibility given our collective dependence on them.”
He called for expanding Europe’s liquefied natural gas processing capacity and lashed out at speculation by energy traders he called “war profiteers.”
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Canadian Prime Minister Justin Trudeau has called NATO plans to boost its rapid reaction force “measured and proportional” and not meant to provoke Russia.
Speaking Tuesday at the end of a G-7 summit in Germany and before traveling to Spain for a NATO summit, Trudeau said Canada, is “committed to making sure we continue to stand up against Russian threats and Russian posturing.”
According to the government, about 1,400 Canadian troops are currently deployed in central and eastern Europe as part of NATO assurance and deterrence measures.
“The response that we are taking to Russia’s illegal actions is measured and proportional,” he said, adding it should not be considered a “provocative” move.
“We are looking at ensuring that Russia knows we will be there to defend democracies,” Trudeau said.
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French President Emmanuel Macron says Russia “cannot and should not” win the war in Ukraine, a day after a Russian missile strike killed 18 people at a Ukrainian shopping mall.
Speaking at the end of the Group of Seven summit in Germany on Tuesday, Macron said the seven developed economies have devised a plan to support Ukraine and maintain sanctions against Russia “as long as necessary, and with the necessary intensity.”
As fighting in Ukraine rages into the fifth month, Macron said it’s not clear when the war will end but the goal of Western democracies is, “Russia must not win.”
His comments came as rescuers searched through the charred rubble of the shopping mall. Macron called the attack a war crime.
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MADRID — NATO’s chief says Russia’s invasion of Ukraine has sparked a “fundamental shift” in the alliance’s defense policy, and NATO members will have to invest more in military spending in what is now a more unstable world.
NATO Secretary-General Jens Stoltenberg spoke as the alliance’s leaders began gathering Tuesday in Madrid for a summit that will set the course of the alliance for the coming years.
Stoltenberg said the meeting would chart a blueprint for the alliance “in a more dangerous and unpredictable word.”
Top of the agenda is strengthening defenses against Russia and supporting Ukraine in its fight against Moscow’s invasion.
Stoltenberg said “we hope to make progress” at the gathering in breaking a logjam over applications by Sweden and Finland to join the alliance. Turkey is blocking the move and says the Nordic pair must change their stance on Kurdish rebel groups that Turkey considers terrorists.
The three countries’ leaders are due to meet in Madrid, alongside Stoltenberg, later Tuesday.
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German Chancellor Olaf Scholz is defending the decision by Group of Seven leaders to soften their commitments on ending public support for fossil fuel investments.
The leaders say the war in Ukraine means time-limited support for new natural gas extraction projects may be necessary.
The G-7 nations said in a statement Tuesday at the end of their three-day summit that “in these exceptional circumstances, publicly supported investment in the gas sector can be appropriate as a temporary response.”
That contrasts in part with a previous pledge made last month by G-7 climate ministers, who said that the seven major economies would “align official international financing with the goals of the Paris Agreement.”
Environmental campaigners, scientists and U.N. Secretary-General Antonio Guterres have spoken out against any additional fossil fuel investments by rich, developed nations.
But Scholz told reporters that “gas will be needed temporarily and that is why there may be investments that make sense, in this transitional phase, and that therefore may need to be supported.”
One of the arguments made by German officials in favor of supporting new natural gas development projects is that it could spare them having to burn more polluting coal to meet their energy needs.
Environmental groups argue that building additional pipelines and other infrastructure for surging U.S. LNG exports to Europe and for other fossil fuels will lock in increased carbon use for years to come.
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Members of the Group of Seven major democratic economies have vowed to create a new ‘climate club’ for nations wanting to take more ambitious steps on global warming.
The move, championed by G-7 summit host German Chancellor Olaf Scholz, will see countries that join the club agree on tougher measures to reduce greenhouse gas emissions with the aim of keeping global temperatures from rising more than 1.5 Celsius (2.7 Fahrenheit) this century compared to pre-industrial times.
Countries that are part of the club will seek to harmonize their measures so that they are comparable and avoid members imposing climate-related tariffs on each others’ imports.
Speaking at the end of a three-day G-7 summit, Scholz said the aim was to “ensure that protecting the climate is a competitive advantage, not a disadvantage.”
He said details of the planned climate club would be finalized this year.
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Leaders of the world’s wealthiest democracies have taken a united stance to support Ukraine for “as long as necessary,” as Russia’s invasion of its neighbor grinds on for a fifth month.
The final statement from the Group of Seven summit in Germany said Tuesday the countries would “explore” far-reaching steps to cap Kremlin income from oil sales that are financing the war in Ukraine.
The statement left out key details on how the fossil fuel prices caps would work in practice, setting up more discussion in the weeks ahead to assess measures on barring the import of Russian oil above a certain amount.
That would hit a key Russian source of income and, in theory, ease the energy price spikes afflicting the global economy as a result of the war.
Leaders also agreed to a ban on imports of Russian gold and to step up aid to countries hard hit with food shortages by the blockage on Ukraine grain shipments through the Black Sea.
Unity in the seven democracies’ confrontation with Putin was a key theme of the summit at a luxury resort in the Bavarian Alps.
The G-7 countries have set aside $29.5 in Ukraine assistance this year, on top of $60 billion since Russia’s annexation of Ukraine’s Crimea region in 2014.
___
Group of Seven leaders have agreed to spend $4.5 billion on addressing food security issues around the globe exacerbated by rising grain and food costs following Russia’s invasion of Ukraine.
The White House said Tuesday that the United States is pitching in $2.76 billion toward the effort. The funding will be used to assist 47 countries and regional organizations dealing with food insecurity and malnutrition.
The White House says the most immediate needs are in the Horn of Africa, where the Russian blockade of grain from Ukraine has worsened an already desperate situation. The Horn of Africa is experiencing a fourth straight season of drought, with as many as 20 million facing the threat of starvation by year’s end, the White House says.
The Biden administration said in a statement that Russian President Vladimir Putin’s actions “have strangled food and agriculture production and have used food as a weapon of war.”
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ISTANBUL — Turkey’s president says he spoke with U.S. President Joe Biden on Tuesday morning and may meet with him at this week’s NATO summit in Spain.
The White House said Biden “looks forward” to seeing Turkish President Recep Tayyip Erdogan in Madrid.
Erdogan told a press conference in Ankara ahead of his departure to Spain that Biden “expressed his desire to get together again tonight or tomorrow and we said ‘possible.’”
Erdogan said the pair would discuss Turkey’s requests for upgraded F-16s but said there were “diversionary tactics” at play. He didn’t elaborate.
Erdogan is infuriated by U.S. military bases in Greece and says the U.S. has been fixated on Turkey’s purchase of Russian-made S-400 missiles — a step that led to Ankara being kicked off the F-35 stealth jet program.
Erdogan confirmed he plans to meet with the leaders of Sweden and Finland, along with NATO’s secretary general, to continue discussions on Turkey’s objections to the two Nordic countries’ NATO membership bids.
Ankara has objected to Sweden and Finland’s bid to join NATO, citing what it considers to be their lax approach toward groups Turkey deems national security threats, including the Kurdistan Workers’ Party, or PKK, and its Syrian extension. American support for Syrian Kurdish fighters in combatting the Islamic State group has also enraged Turkey for years. | https://cw33.com/news/international/ap-international/live-updates-g-7-talks-draw-to-close-nato-meet-to-begin/ | 2022-06-29T02:41:44Z |
THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR ISSUE OR INVITATION TO PURCHASE OR SUBSCRIBE FOR, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES.
HILVERSUM, Netherlands, June 23, 2022 /PRNewswire/ -- Universal Music Group N.V. ("UMG" or the "Company") today announced that it has successfully priced €500m of 3.000% senior unsecured notes due 2027 and €500m of 3.750% senior unsecured notes due 2032 (collectively, the "Notes"). The offering is expected to close on June 30, 2022, subject to customary closing conditions.
The Notes will be issued from the Company's newly established Euro Medium Term Note programme, listed on Euronext Amsterdam and sold to investors outside the U.S. in reliance on Regulation S under the Securities Act of 1933, as amended.
The proceeds from the issuance will be used for refinancing of existing indebtedness and paying transaction fees and expenses.
BNP Paribas and BofA Securities acted as Global Coordinators and together with Citigroup, Goldman Sachs, MUFG and Société Générale as the Active Bookrunners on the issuance. CACIB, Commerzbank, IMI-Intesa Sanpaolo, ING, Mediobanca, Mizuho, Morgan Stanley Europe SE, Natixis and Santander acted as Passive Bookrunners.
About Universal Music Group
At Universal Music Group (EURONEXT: UMG), we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information on Universal Music Group N.V. visit www.universalmusic.com.
Contacts
Media
James Murtagh-Hopkins – communicationsnl@umusic.com
Investors
Erika Begun – investorrelations@umusic.com
Cautionary Notice
This press release is published by Universal Music Group N.V. and contains inside information within the meaning of article 7 (1) of Regulation (EU) No 596/2014 (Market Abuse Regulation).
Forward-looking statements
This press release may contain statements that constitute forward-looking statements with respect to UMG´s business and plans, including the debt transactions contemplated hereby. Although UMG believes that such forward-looking statements are based on reasonable assumptions, they are not guarantees of future performance. Actual results may differ materially from such forward-looking statements as a result of a number of risks and uncertainties, many of which are related to factors that are outside UMG´s control, including, but not limited to, UMG´s inability to compete successfully and to identify, attract, sign and retain successful recording artists and songwriters, failure of streaming and subscription adoption or revenue to grow or to grow less rapidly than anticipated, UMG´s reliance on digital service providers, UMG´s inability to execute its business strategy, the global nature of UMG´s operations, UMG´s inability to protect its intellectual property and against piracy, UMG´s inability to attract and retain key personnel, changes in laws and regulations and the other risks that have been described in UMG´s 2021 annual report and base prospectus dated June 16, 2022, which are available on UMG's website. Accordingly, UMG cautions readers against placing undue reliance on such forward-looking statements. Such forward-looking statements are made as of the date of this press release. UMG disclaims any intention or obligation to provide, update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Universal Music Group N.V. | https://www.wibw.com/prnewswire/2022/06/23/universal-music-group-nv-successfully-prices-10bn-new-eurobond-notes/ | 2022-06-23T17:56:54Z |
New Scotch celebrates the famous Glasgow distillery of Port Dundas, launching with the release of 75 limited edition Johnnie Walker Blue Label Ghost and Rare available on BlockBar.com
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Johnnie Walker, the world's number one Scotch Whisky1 , is excited to offer whisky lovers the opportunity to own an extremely limited edition Johnnie Walker Blue Label Ghost and Rare Port Dundas Master Set. To bring the Master Set to collectors globally, Johnnie Walker partners with BlockBar.com (the world's first direct to consumer NFT marketplace for luxury wine and spirits) and Vayner3 (the Web3 consultancy under the umbrella VaynerX, founded by serial entrepreneur Gary Vaynerchuk).
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9084151-johnnie-walker-blue-label-ghost-and-rare-series-with-exclusive-nft-drop/
The limited edition Johnnie Walker Ghost and Rare series is crafted using irreplaceable "ghost" whiskies and other incredibly rare expressions from the unparalleled Johnnie Walker reserves used to create the award-winning Johnnie Walker Blue Label. This latest release explores the character of exceptional and rare whiskies from one of world's most famous Grain Whisky distilleries, the Glasgow "ghost" distillery of Port Dundas.
This renowned distillery, nestled on the banks of the Forth and Clyde Canal, shipped its distinct scotch from Glasgow to ports across the world for nearly 200 years. Built in 1811, Port Dundas became a whisky blending powerhouse known for its distinctive sweet and delicate grain character before it closed in 2010.
In commemoration of the fifth installment and first Johnnie Walker Blue Label Ghost and Rare release from Master Blender Emma Walker, collectors can secure 1 of 75 limited edition Ghost and Rare Port Dundas Master Sets exclusively available on BlockBar.com. The Master Sets feature a physical 1L bottle with signature by Emma Walker; the NFT bottle (digital version of the bottle); a unique digital art piece by award-winning generative AI artist and photographer, Ivona Tau; and access to an exclusive virtual storytelling experience with Emma Walker and Ivona Tau where they will share their inspiration behind their respective masterpieces. Those who burn their NFT will have priority access to the next Diageo drop on BlockBar.com.
Ivona's NFT art in this Master Set draws inspiration from the vital element and force of nature, water, and builds upon her "Under the Waves" project. Her process consisted of multiple stages of AI to create 75 unique NFTs that capture the juxtaposition between the constant flow of water and the water tamed within each bottle of Ghost and Rare Port Dundas. Each of the 75 NFTs will differ, making them as rare as the whisky itself.
Ivona Tau says: "It's incredible to see global brands like Johnnie Walker investing in digital creators to bring visibility to our work. I am proud to have had the opportunity to collaborate with Johnnie Walker and share my artistic vision of this limited-edition whisky release with communities in Web3."
The exclusive Johnnie Walker Blue Label Ghost and Rare Master Sets are a celebration of Port Dundas' legacy, the incredible craftsmanship of Johnnie Walker Master Blender Emma Walker and the Web3 cultural revolution.
The Johnnie Walker team of expert whisky makers, led by Johnnie Walker Master Blender Emma Walker, handpicked the most distinctive expressions of maturing whisky from Port Dundas for this new limited edition. Walker chose a small number of distinctive, aged whiskies from the Johnnie Walker reserves, all matured in two different wood types to add depth and layers to the blend. Ghost and Rare Port Dundas features a touch of creamy vanilla notes from whiskies aged in second fill American oak casks and subtle wood spice from scotch matured in first fill highly charred American oak casks.
"Port Dundas was, in its day, one of the finest Grain Whisky distilleries in the world and the rare expressions that we have chosen from our reserves are some of the most distinctive it has ever produced. Their slow maturation allows the sweet and delicate Grain character to blossom," Emma says. "These rare whiskies highlight the distillery character of Port Dundas, perfectly showcasing the wonderful depth of flavor that this Grain Whisky brings to Johnnie Walker Blue Label. It's incredible character inspired us to create something truly extraordinary that pays proper tribute to the whisky makers of this storied Glasgow distillery."
To complement the fragrant wood spice character of Port Dundas, Emma and her team hand-selected two other "ghost" whiskies from the distilleries of Cambus and Brora[2] before combining these with other very rare scotch from five iconic distilleries. Creamy, wood notes from Port Dundas embrace the vanilla and soft smoke from the "ghost" whiskies of Cambus and original stocks of Brora. Other very rare whiskies from Cameronbridge and Glenkinchie reveal notes of spiced apples alongside Clynelish, Dailuaine and Auchroisk, bringing aromas of peaches and berries.
This exclusive NFT opportunity follows the successful Web3 campaigns for the launch of Johnnie Walker Masters of Flavour 48-Year-Old and the Johnnie Walker VeeFriends Gift Goat collaboration earlier this year.
In celebration of the pioneering achievements of Emma Walker and Ivona Tau, Johnnie Walker is creating more opportunities for women to achieve their goals with a dedicated business grant through IFundWomen - the go-to funding marketplace for women-owned businesses. IFundWomen is an ongoing partner in the Johnnie Walker 'First Strides' initiative, which aims to celebrate and enable people and organizations moving culture forward.
"For our second NFT release, we chose to create the Ghost and Rare Port Dundas Master Set because it allows us to take the consumer into the Johnnie Walker world, beyond the tasting of whisky, and explore our iconic, rare reserves," says Sophie Kelly, Senior Vice President of Whiskies, DIAGEO North America. "As a leader in whisky innovation and a champion of collective progress, Johnnie Walker will continue to foster meaningful relationships with consumers by championing the creators and community leaders in Web3. Stay tuned for more exciting collaborations on the horizon."
"BlockBar unlocks exclusive access to some of the scarcest liquids in the world and we're proud to be partnering with one of the most iconic whisky brands for the launch of its Johnnie Walker Blue Label Ghost and Rare Port Dundas," says Dov Falic, BlockBar co-founder & CEO. "One of our missions at BlockBar is to support women in wine, spirits and web3 so we're also delighted to support IFundWomen through this collaboration."
"We are thrilled to partner with Johnnie Walker and the broader Diageo portfolio, as the company continues their journey in Web3, focusing on empowering creators and building exclusive community experiences that speak to their heritage, craftsmanship, and authenticity," said Avery Akkineni, President of Vayner3. "The latest Johnnie Walker Ghost and Rare x Ivona Tau collaborative launch on Blockbar.com will be an opportunity to deliver new and exciting experiences for both spirit collectors and the Web3 community."
The 75 limited edition Ghost and Rare Port Dundas Master Sets will drop on BlockBar.com at 10AM ET on Friday, September 9. The NFT priced at $775 USD (approx. 0.51 ETH) may be purchased from BlockBar.com with ETH or credit card. At 10AM, the first users to reserve the bottle will then have 10 minutes to checkout. Users who successfully check out will receive an NFT (digital version) representing a proof of authenticity and ownership of the physical bottle, which is stored with BlockBar until the bottle owner is ready to "burn" the NFT to redeem. Bottle owners can gift or resell this NFT on the BlockBar.com marketplace.
Notes to Editors:
About Johnnie Walker Blue Label
Johnnie Walker Blue Label is a remarkable Scotch Whisky, crafted by our small team of expert blenders, who have dedicated their lives to the pursuit of excellence. Led by Master Blender Emma Walker, they handpick the rarest whiskies from across the four corners of Scotland including some irreplaceable whiskies from distilleries long since closed.
Only 1 in 10,000 casks in our unparalleled reserves of over 10 million maturing Scotch whiskies has the richness and character required to intricately craft Johnnie Walker Blue Label. Inside every bottle of Johnnie Walker Blue Label is a velvety smooth and vibrant Scotch Whisky with layers of fruit, spice and smoky flavours.
About Johnnie Walker
Johnnie Walker is the world's number one Scotch Whisky brand, enjoyed by people in over 180 countries around the world. Since the time of its founder, John Walker, those who blend its whiskies have pursued flavor and quality above else.
Six generations of skilled Master Blenders have pioneered and crafted bold new flavors that have transformed a small Scottish grocery store business, founded in 1820, into an international whisky business selling stylish, authentic, and iconic blends.
Today's range of award-winning whiskies includes Johnnie Walker Red Label, Black Label, Double Black, Green Label, Johnnie Walker High Rye Blended Scotch Whisky, Gold Label Reserve, Aged 18 Years and Blue Label. Together they account for nearly 19 million cases sold annually (IWSR, 2019), making Johnnie Walker the most popular Scotch Whisky brand in the world.
About Diageo North America
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world.
For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice. Follow at Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
About BlockBar
www.BlockBar.com
Founded in October 2021, BlockBar sells NFTs directly from luxury wines and spirits brands. Each NFT corresponds to an actual physical bottle, exclusive to BlockBar, available to purchase with ETH, credit card or wire transfer. Owners can resell, collect, gift, or at any point «burn» their NFT in exchange for the physical bottle, shipped from BlockBar's secure facility in Singapore with 24/7 security, motion sensors, and temperature control. BlockBar only partners directly with brand owners including LVMH, Diageo, Bacardi, Pernod Ricard, Sazerac, William Grant & Sons and more, and does not take collections from third parties or collectors. BlockBar is democratizing access to luxury wines and spirits allowing anyone, anywhere in the world to participate, whilst offering bottle owners storage, insurance and a marketplace to re-sell their bottles purchased on BlockBar's platform. BlockBar's proprietary smart contracts verify authenticity tracing every transaction directly back to the partnering brand, and its partnership with top cyber- and crypto-security firms ensures that transactions are fully protected and transparent.
About Vayner3
Vayner3 is a consultancy under the umbrella of VaynerX exclusively focused on guiding the world's leading enterprises and intellectual property owners in the next iteration of consumer behavior, and navigating the ground-breaking and ever-evolving world of Web3. For more information, you can visit: www.vayner3.com.
1 IWSR 2021
2 While a new, modern distillery has recently opened on the site of the old Brora distillery and is called Brora, the whiskies it will - in time - produce will be very different to those laid down decades ago in the original Brora Distillery that closed its doors in 1983.
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SOURCE DIAGEO | https://www.kxii.com/prnewswire/2022/09/01/johnnie-walker-announces-fifth-release-johnnie-walker-blue-label-ghost-rare-series-with-exclusive-nft-drop/ | 2022-09-01T17:10:34Z |
KISSIMMEE, Fla., Sept. 13, 2022 /PRNewswire/ -- Experience Kissimmee, the official tourism authority for Osceola County, Florida, and the National Football League UK today announced a partnership that names Experience Kissimmee as the official Travel Destination of the NFL in the UK. The venture, the first of its kind, aspires to promote brand awareness and shine the spotlight on this popular Central Florida destination.
The sponsorship will kick off with the NFL London Games, featuring: Minnesota Vikings vs. New Orleans Saints (Oct. 2), New York Giants vs. Green Bay Packers (Oct. 9) and Denver Broncos vs. Jacksonville Jaguars (Oct. 30). In 2021, the NFL London Games produced a global viewership of more than seven million, with 122,000 attending two sold-out games at Tottenham Hotspur Stadium.
Kissimmee, trademarked as the Vacation Home Capital of the World, houses fun and excitement for all ages through outdoor activities to world-class theme parks. The deal with the NFL in the UK will offer Experience Kissimmee marketing opportunities inside both Tottenham Hotspur Stadium and Wembley Stadium, as well as online digital assets, to showcase Kissimmee as a family-oriented destination, whether it be enjoying the attractions, dining at unique local restaurants or taking part in the American tradition of watching a game from the comfort of a vacation home.
"We are truly excited to partner with the NFL on their London Series," said DT Minich, President/CEO of Experience Kissimmee. "The United Kingdom has been and continues to be our largest international market with more than 800,000 visitors to our destination in 2019. This opportunity will further our reach with our great visitors from the UK but will also enable us to connect with key markets across the United States."
In addition to the NFL London Games, Experience Kissimmee is proud to also support the NFL UK Flag Football program, a non-contact version of American Football that has been gaining popularity in the UK over the past five years. The NFL UK's flag program champions inclusivity, diversity and teaching of strong values through wellbeing and character development for school children from the age of 10.
Henry Hodgson, Managing Director of NFL UK, said: "We are very pleased to be partnering with Experience Kissimmee. Together we can create some exciting opportunities to connect with new audiences and to expand the sport."
"It is a great honor to work with the NFL not only with the London Games, but also beyond," said John Poole, Executive Director of Kissimmee Sports Commission. "We believe this is a great opportunity to receive year-round exposure to a core target audience in the UK. The program is now in more than 380 schools across 20-plus UK regions, and this will allow us to connect with multiple markets across the UK."
This is the second major sports sponsorship that Experience Kissimmee has had in the UK. They previously sponsored West Ham United from 2016-2022.
For more information on Experience Kissimmee, visit experiencekissimmee.com.
For more information on the NFL London Games and tickets, visit nfl.com/uk.
Experience Kissimmee is the official tourism authority for Osceola County, Florida. Located 25 minutes from Orlando International Airport (MCO), Kissimmee offers a perfectly balanced vacation experience with world-famous theme parks and attractions, outdoor activities, and plenty of Florida sunshine. Kissimmee is the Vacation Home Capital of the World®, with options ranging from two-bedroom condos to 15-bedroom mansions. Get inspired at experiencekissimmee.com.
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SOURCE Experience Kissimmee | https://www.kxii.com/prnewswire/2022/09/13/experience-kissimmee-becomes-official-travel-destination-nfl-london-series-games/ | 2022-09-13T17:12:26Z |
NEW YORK, April 5, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Vectrus, Inc. (NYSE: VEC)'s merger with The Vertex Company. If you are a Vectrus shareholder, click here to learn more about your rights and options.
Schweitzer-Mauduit International, Inc. (NYSE: SWM)'s merger with Neenah, Inc. Following the closing of the transaction, Schweitzer-Mauduit shareholders will own approximately 58% of the combined company, and Neenah shareholders will own approximately 42% of the combined company, respectively, on a fully diluted basis. If you are a Schweitzer-Mauduit shareholder, click here to learn more about your rights and options.
Huttig Building Products, Inc. (NASDAQ: HBP)'s sale to Woodgrain Inc. for $10.70 per share. If you are a Huttig Building shareholder, click here to learn more about your rights and options.
Oasis Petroleum Inc. (NASDAQ: OAS)'s merger with Whiting Petroleum Corporation. If you are an Oasis shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.kxii.com/prnewswire/2022/04/06/shareholder-notice-halper-sadeh-llp-investigates-vec-swm-hbp-oas/ | 2022-04-06T10:09:30Z |
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 19, 2022
GUANGZHOU, China, May 19, 2022 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended March 31, 2022.
First Quarter 2022 Highlights
- Total net revenues for the first quarter of 2022 were RMB25.2 billion (US$4.0 billion), as compared with RMB28.4 billion in the prior year period.
- GMV[1] for the first quarter of 2022 was RMB42.6 billion, as compared with RMB46.1 billion in the prior year period.
- Gross profit for the first quarter of 2022 was RMB5.0 billion (US$790.1 million), as compared with RMB5.6 billion in the prior year period.
- Net income attributable to Vipshop's shareholders for the first quarter of 2022 was RMB1.1 billion (US$172.8 million), as compared with RMB1.5 billion in the prior year period.
- Non-GAAP net income attributable to Vipshop's shareholders[2] for the first quarter of 2022 was RMB1.4 billion (US$223.8 million), as compared with RMB1.7 billion in the prior year period.
- The number of active customers[3] for the first quarter of 2022 was 42.2 million, as compared with 45.8 million in the prior year period.
- Total orders[4] for the first quarter of 2022 were 166.4 million, as compared with 175.5 million in the prior year period.
Mr. Eric Shen, Chairman and Chief Executive Officer of Vipshop, stated, "Our business demonstrated strong execution and operational agility in the first quarter, against a challenging macro environment and prolonged COVID-19 impact. We continued to execute on our merchandising strategy to support core brand partners, bring in new and trendy brands, as well as expand high-value customer base. Besides, by leveraging our merchandising capabilities, we expanded non-apparel product offerings to quickly address the changing consumer demand, which partially offset the sluggish demand in discretionary items. We are pleased that our proven business model enabled us to sustain a healthy level of profits. While we remain cautious amid ongoing uncertainties, we are firmly committed to our strategic positioning as a discount platform for branded products, looking to create exceptional value for both brand partners and customers."
Mr. David Cui, Chief Financial Officer of Vipshop, further commented, "In the first quarter, we achieved resilient margins thanks to our initiatives to manage cost and expenses with greater discipline. Looking forward, we will continue to optimize operational efficiency and deliver healthy and sustainable profitability. Besides, we fully utilized the remaining amount under the US$500 million share repurchase program during the first quarter, and announced another US$1 billion program in March 2022. This demonstrates our confidence in our long-term business potential and value creation to our shareholders."
First Quarter 2022 Financial Results
REVENUES
Total net revenues for the first quarter of 2022 were RMB25.2 billion (US$4.0 billion), as compared with RMB28.4 billion in the prior year period, primarily attributable to soft consumer demand for discretionary categories and adverse impact on warehousing and logistics networks caused by COVID-19 resurgence in China.
GROSS PROFIT
Gross profit for the first quarter of 2022 was RMB5.0 billion (US$790.1 million), as compared with RMB5.6 billion in the prior year period. Gross margin for the first quarter of 2022 increased to 19.8% from 19.7% in the prior year period.
OPERATING EXPENSES
Total operating expenses for the first quarter of 2022 decreased by 11.0% year over year to RMB3.9 billion (US$615.1 million) from RMB4.4 billion in the prior year period. As a percentage of total net revenues, total operating expenses for the first quarter of 2022 was 15.4%, which stayed flat as compared with the prior year period.
- Fulfillment expenses for the first quarter of 2022 decreased by 5.5% year over year to RMB1.7 billion (US$267.4 million) from RMB1.8 billion in the prior year period. As a percentage of total net revenues, fulfillment expenses for the first quarter of 2022 was 6.7%, as compared with 6.3% in the prior year period.
- Marketing expenses for the first quarter of 2022 decreased by 41.3% year over year to RMB759.3 million (US$119.8 million) from RMB1.3 billion in the prior year period, primarily attributable to more prudent marketing strategy. As a percentage of total net revenues, marketing expenses for the first quarter of 2022 decreased to 3.0% from 4.6% in the prior year period.
- Technology and content expenses for the first quarter of 2022 increased to RMB390.4 million (US$61.6 million) from RMB337.5 million in the prior year period. As a percentage of total net revenues, technology and content expenses for the first quarter of 2022 increased to 1.5% from 1.2% in the prior year period.
- General and administrative expenses for the first quarter of 2022 were RMB1.1 billion (US$166.4 million), as compared with RMB956.7 million in the prior year period. As a percentage of total net revenues, general and administrative expenses for the first quarter of 2022 was 4.2%, as compared with 3.4% in the prior year period.
INCOME FROM OPERATIONS
Income from operations for the first quarter of 2022 was RMB1.3 billion (US$202.3 million), as compared with RMB1.5 billion in the prior year period. Operating margin for the first quarter of 2022 was 5.1%, as compared with 5.3% in the prior year period.
Non-GAAP income from operations[5] for the first quarter of 2022, which excluded share-based compensation expenses and amortization of intangible assets resulting from business acquisitions, was RMB1.5 billion (US$239.8 million), as compared with RMB1.7 billion in the prior year period. Non-GAAP operating margin[6] for the first quarter of 2022 was 6.0%, as compared with 6.1% in the prior year period.
NET INCOME
Net income attributable to Vipshop's shareholders for the first quarter of 2022 was RMB1.1 billion (US$172.8 million), as compared with RMB1.5 billion in the prior year period. Net margin attributable to Vipshop's shareholders for the first quarter of 2022 was 4.3%, as compared with 5.4% in the prior year period. Net income attributable to Vipshop's shareholders per diluted ADS[7] for the first quarter of 2022 was RMB1.61 (US$0.25), as compared with RMB2.18 in the prior year period.
Non-GAAP net income attributable to Vipshop's shareholders for the first quarter of 2022, which excluded (i) share-based compensation expenses, (ii) investment gain (loss) and revaluation of investments excluding dividends, (iii) reconciling items on the share of equity method investments, (iv) amortization of intangible assets resulting from business acquisitions, and (v) tax effects on non-GAAP adjustments, was RMB1.4 billion (US$223.8 million), as compared with RMB1.7 billion in the prior year period. Non-GAAP net margin attributable to Vipshop's shareholders[8] for the first quarter of 2022 was 5.6%, as compared with 6.0% in the prior year period. Non-GAAP net income attributable to Vipshop's shareholders per diluted ADS[9] for the first quarter of 2022 was RMB2.09 (US$0.33), as compared with RMB2.41 in the prior year period.
For the quarter ended March 31, 2022, the Company's weighted average number of ADSs used in computing diluted income per ADS was 680,268,635.
BALANCE SHEET AND CASH FLOW
As of March 31, 2022, the Company had cash and cash equivalents and restricted cash of RMB14.3 billion (US$2.3 billion) and short term investments of RMB5.0 billion (US$791.8 million).
For the quarter ended March 31, 2022, net cash used in operating activities was RMB1.2 billion (US$188.7 million), and free cash flow[10], a non-GAAP measurement of liquidity, was as follows:
Share Repurchase Program
As of March 31, 2022, the Company had fully utilized its US$500 million share repurchase program that it announced on March 30, 2021, resulting in repurchases of 7,514,514 Class A ordinary shares in aggregate.
On March 31, 2022, the Company's board of directors authorized a new share repurchase program under which the Company may repurchase up to US$1 billion of its ADSs or Class A ordinary shares for a 24-month period.
Business Outlook
For the second quarter of 2022, the Company expects its total net revenues to be between RMB22.2 billion and RMB23.7 billion, representing a year-over-year decrease rate of approximately 25% to 20%. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which is subject to change.
Exchange Rate
The Company's business is primarily conducted in China and the significant majority of revenues generated are denominated in Renminbi. This announcement contains currency conversions of Renminbi amounts into U.S. dollars solely for the convenience of the reader. Unless otherwise noted, all translations from Renminbi to U.S. dollars are made at a rate of RMB6.3393 to US$1.00, the effective noon buying rate on March 31, 2022 as set forth in the H.10 statistical release of the Federal Reserve Board. No representation is made that the Renminbi amounts could have been, or could be, converted, realized or settled into U.S. dollars at that rate on March 31, 2022, or at any other rate.
Conference Call Information
The Company will hold a conference call on Thursday, May 19, 2022 at 7:30 am US Eastern Time, 7:30 pm Beijing Time to discuss the financial results.
All participants wishing to join the conference call must pre-register online using the link provided below. Once pre-registration has been completed, participants will receive dial-in numbers, a passcode, and a unique registrant ID via email. To join the conference, participants should use the dial-in details in the email and then enter the event passcode followed by the registrant ID.
A replay of the conference call will be accessible until May 26, 2022 via the following dial-in details:
A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.vip.com.
About Vipshop Holdings Limited
Vipshop Holdings Limited is a leading online discount retailer for brands in China. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit https://ir.vip.com/.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Vipshop's strategic and operational plans, contain forward-looking statements. Vipshop may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Vipshop's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Vipshop's goals and strategies; Vipshop's future business development, results of operations and financial condition; the expected growth of the online discount retail market in China; Vipshop's ability to attract customers and brand partners and further enhance its brand recognition; Vipshop's expectations regarding demand for and market acceptance of flash sales products and services; competition in the discount retail industry; the potential impact of the COVID-19 to Vipshop's business operations and the economy in China and elsewhere generally; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Vipshop's filings with the SEC. All information provided in this press release is as of the date of this press release, and Vipshop does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Use of Non-GAAP Financial Measures
The condensed consolidated financial information is derived from the Company's unaudited interim condensed consolidated financial statements prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"), except that comparative consolidated statements of income and cash flows for the period presented and detailed footnote disclosures required by Accounting Standards Codification 270, Interim Reporting ("ASC270"), have been omitted. Vipshop uses non-GAAP net income attributable to Vipshop's shareholders, non-GAAP net income attributable to Vipshop's shareholders per diluted ADS, non-GAAP income from operations, non-GAAP operating income margin, non-GAAP net margin attributable to Vipshop's shareholders, and free cash flow, each of which is a non-GAAP financial measure. Non-GAAP net income attributable to Vipshop's shareholders is net income attributable to Vipshop's shareholders excluding (i) share-based compensation expenses, (ii) investment gain (loss) and revaluation of investments excluding dividends, (iii) reconciling items on the share of equity method investments, (iv) amortization of intangible assets resulting from business acquisitions, and (v) tax effects on non-GAAP adjustments. Non-GAAP net income attributable to Vipshop's shareholders per diluted ADS is computed using non-GAAP net income attributable to Vipshop's shareholders divided by weighted average number of diluted ADS outstanding for computing diluted earnings per ADS. Non-GAAP income from operations is income from operations excluding share-based compensation expenses and amortization of intangible assets resulting from business acquisitions. Non-GAAP operating income margin is non-GAAP income from operations as a percentage of total net revenues Non-GAAP net margin attributable to Vipshop's shareholders is non-GAAP net income attributable to Vipshop's shareholders as a percentage of total net revenues Free cash flow is net cash from operating activities adding back the impact from Internet financing activities and less capital expenditures, which include purchase and deposits of property and equipment and land use rights. Impact from Internet financing activities added back or deducted from free cash flow contains changes in the balances of financial products, which are primarily consumer financing and supplier financing that the Company provides to customers and suppliers. The Company believes that separate analysis and exclusion of the non-cash impact of (i) share-based compensation, (ii) investment gain (loss) and revaluation of investments excluding dividends, (iii) reconciling items on the share of equity method investments, (iv) amortization of intangible assets resulting from business acquisitions, and (v) tax effects on non-GAAP adjustments add clarity to the constituent parts of its performance. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses these non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measures are useful supplemental information for investors and analysts to assess its operating performance without the effect of (i) share-based compensation expenses, (ii) investment gain (loss) and revaluation of investments excluding dividends, (iii) reconciling items on the share of equity method investments, (iv) amortization of intangible assets resulting from business acquisitions, and (v) tax effects on non-GAAP adjustments. Free cash flow enables the Company to assess liquidity and cash flow, taking into account the impact from Internet financing activities and the financial resources needed for the expansion of fulfillment infrastructure,technology platform and Shan Shan Outlets. Share-based compensation expenses have been and will continue to be significant recurring expenses in its business. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company's net income for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similar titled measures used by other companies. One of the key limitations of free cash flow is that it does not represent the residual cash flow available for discretionary expenditures.
The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Vipshop Holdings Limited Reconciliations of GAAP and Non-GAAP Results" at the end of this release.
Investor Relations Contact
Tel: +86 (20) 2233-0732
Email: IR@vipshop.com
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SOURCE Vipshop Holdings Limited | https://www.wibw.com/prnewswire/2022/05/19/vipshop-reports-unaudited-first-quarter-2022-financial-results/ | 2022-05-19T09:54:35Z |
NEW ORLEANS, June 24, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 22, 2022 to file lead plaintiff applications in a securities class action lawsuit against CareDx, Inc. ("CareDx" or the "Company") (NasdaqGM: CDNA), if they purchased the Company's shares between February 24, 2021 and May 5, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of California.
What You May Do
If you purchased shares of CareDx as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgm-cdna/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 22, 2022.
About the Lawsuit
CareDx and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On October 28, 2021, the Company disclosed that it was the subject of at least three government investigations related to its "accounting and public reporting practices," including the recent receipt of a civil investigative demand ("CID") from the U.S. Department of Justice ("DOJ") requesting the Company produce documents in connection with the DOJ's False Claims Act investigation. On this news, shares of CareDx fell 27%, from a closing price of $70.34 per share on October 28, 2021, to a closing price of $51.00 per share on October 29, 2021.
Then, on May 5, 2022, post-market, the Company announced its 1Q2022 results, disclosing testing service revenue that fell well short of analysts' expectations and another decline in average sales price for testing in which the Company's average price declined by approximately 4.9% versus the last quarter of 2021. On this news, shares of CareDx fell another 18.5%, from a closing price of $31.66 per share on May 5, 2022, to a closing price of $25.87 per share on May 6, 2022.
The case is Plumbers & Pipefitters Local Union #295 Pension Fund v. CareDx, Inc., et al., No. 3:22-cv-03023.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/06/25/caredx-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-caredx-inc-cdna/ | 2022-06-25T04:35:26Z |
HOUSTON, Aug. 16, 2022 /PRNewswire/ -- Hellas Construction installed a Matrix Helix® synthetic turf system used by the Houston Texans at their 100-yard indoor practice facility. The unique Houston Methodist Training Center mandates installation of a synthetic turf system, which also includes RealFill™ infill by Hellas.
Hellas has been the Preferred Turf of the Houston Texans since it was first installed at NRG Stadium in 2017. The multi-year partnership has allowed Hellas and the Texans to give back to the Houston community.
Previous Texans fields once removed from NRG Stadium have been installed at local schools in the Houston area including C.E. King High School, Yates High School, and Brazoswood High School.
Reed Seaton, Hellas Construction's CEO and President says, "It has been rewarding to see our work and our products perform well for the Texans and contribute to their success."
Matrix Helix has shape memory technology which curls each fiber to secure the infill to prevent migration and 'splash-out' for a uniform, aesthetically pleasing playing surface.
Hellas RealFill infill provides proper fiber support, energy restitution, enhanced shock absorption and rapid drainage to prevent compaction under heavy-use for consistent G-Max ratings over time.
The Texans will play on their Matrix Helix synthetic turf field at NRG Stadium in the fall of 2022 with several new uniforms to choose from. In the past the Texans have always worn steel blue helmets, but now on "Battle Red Day" in November, Houston will sport new red helmets to complete their look with red pants and red jerseys. The Texans will also don the traditional white and blue uniform combinations with the trademark blue helmet as well this season.
Hellas Construction Inc., headquartered in Austin, Texas, is America's largest sports contractor specializing in the construction and installation of sports surfaces. The firm owns and operates its own heavy construction equipment staffed by specially trained and certified employee crews. Controlling the supply chain and workforce means that Hellas can complete any turf, track, or court project – start to finish- without delay. To learn more about Hellas visit www.hellasconstruction.com
The Houston Texans are an American professional football team based in Houston. The Texans compete in the National Football League as a member club of the American Football Conference South division and play their home games at NRG Stadium.
Product Links
https://youtu.be/M_MkI1Sljq8
Media Contact: Jeff Power
Hellas Director of Communications
jpower@hellasconstruction.com
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SOURCE Hellas Construction, Inc. | https://www.wibw.com/prnewswire/2022/08/16/hellas-installs-new-matrix-helix-turf-system-houston-texans-indoor-practice-facility/ | 2022-08-16T17:46:47Z |
This New Employee Benefit Is of No Cost to Companies Participating in Miller-Motte's Preferred Employer
Partnership Program
CHATTANOOGA, Tenn., April 11, 2022 /PRNewswire/ -- Employers looking to boost employee morale, expand the value of their benefits packages and increase company loyalty can now provide their employees an opportunity to further their education thanks to a low-cost college tuition program offered by Miller-Motte College. Employees of companies participating in Miller-Motte's Preferred Employer Partnership program will receive a 50% tuition discount on Miller-Motte's online programs. Immediate family members are also eligible for the reduced rate. Participation as a Preferred Employer Partner is of no cost to employers.
"The Preferred Employer Partnership Program is an easy, no cost way for businesses to show their employees they are valued and appreciated. It allows employees to continue doing a good job at work while pursuing something that's important to them and their families," said Natalie Williams of Ancora Education network of private post-secondary schools and parent company to Miller-Motte.
Queens Medallion Leasing, a New York City taxi fleet, is one of Miller-Motte's first employer partners to participate in the program. The program includes access to Miller-Motte's online offerings, including two new bachelor degree programs.
"The gift of education is a meaningful benefit for our employees. We have decided to extend the program to our drivers as well, who are independent contractors. In our conversations with drivers we have learned that it is a burden to pursue an advanced education due to expensive college tuition. Through this partnership we have implemented an easy way for us to show our employees and drivers that as a company we understand the importance of education and family ," said Danielle DiTomo of Queens Medallion Leasing (QML), a New York taxi company. "Providing this benefit to our employees and our contract drivers and their families is something we are proud to be able to offer."
Benefits for All
Employees and employers benefit from the discount tuition program. Employees and their immediate family members have an opportunity to improve their lives through education at a reduced cost they can afford. For employers, the program:
- Provides an employee benefit that other businesses may not offer employees.
- Is of no cost and does not affect their bottom line.
- Fosters employee loyalty.
- Requires minimal effort to implement.
As a Preferred Employer Partner, employees will have access to Miller-Motte College's career-focused, online vocational programs in four categories:
- Healthcare: Healthcare Information Technology, Pharmacy Technician, Medical Billing & Coding, Allied Health Management
- Technology: Cyber Security, IT Support Specialist
- Education: Early Childhood Education
- Business: Human Resources Management, Marketing, Business Administration, Accounting
The programs listed above include, five bachelors degree offerings including a Bachelors of Science in Allied Health Management, Bachelors of Science in Accounting, Bachelors of Science in Human Resource Management, Bachelors of Science in Business Administration, and Bachelors of Science in Marketing.
The Preferred Employer Partner Tuition Discount is only available through Miller-Motte's online programs. In order to receive the discount, a current employee or applicable immediate family member must provide proof of current employment or immediate family members' current employment at the point of enrollment. The tuition discount is applied equally across each billing term and may impact federal financial aid eligibility.* Applicants must meet the admissions requirements to enroll.
*Financial Aid available to those who qualify.
**Online programs are delivered through the Chattanooga TN campus. Miller Motte College located in Chattanooga, Tennessee and Miller Motte College branch campuses have been approved by the State of Tennessee to participate in the National Council for State Authorization Reciprocity Agreements (NC-SARA). NC-SARA is a voluntary, regional approach to state oversight of post-secondary distance education. Online programs not available to residents of CA state.
About Miller-Motte College
Miller-Motte College has convenient locations located across the country and offers training programs in Business, Healthcare, and Skilled Trades. Miller-Motte College also has online learning for those interested in pursuing careers in Healthcare, Technology, Education and Business. Graduates have access to Career Assistance which includes guidance from our Career Services team, resume updates, workshops, and more. Learn more at www.miller-motte.edu.
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SOURCE Miller-Motte College | https://www.mysuncoast.com/prnewswire/2022/04/11/miller-motte-college-kicks-off-new-initiative-that-helps-businesses-offer-employees-an-avenue-low-cost-college-tuition/ | 2022-04-11T17:11:01Z |
LOS ANGELES, April 19, 2022 /PRNewswire/ -- Employer defense law firm Hudock Employment Law Group announced today that litigator Eliza Landon Oliver has been selected as an honoree in a Los Angeles Business Journal special supplement recognizing the city's most influential women attorneys. The "Women of Influence: Attorneys" list recognizes women lawyers "for exceptional legal skill and achievement across the full spectrum of responsibility, exemplary leadership as evidenced by the highest professional and ethical standards, and for contributions to the Los Angeles community at large," writes the publisher.
"Eliza is an immensely talented attorney, and she has consistently proven her ability to provide the firm's clients with the highest degree of strategy and service," said Managing Partner Robert Hudock. "She is skilled, thoughtful, and resourceful in service of our employer clients and the business community at large."
Oliver is a litigator with over 10 years of experience. Her practice is focused on employment law and her experience includes wage and hour cases; FEHA discrimination, harassment and retaliation cases; and class actions. Oliver's clients are often companies looking at new markets and competitive opportunities, that want to recruit the best talent available, while avoiding distracting workplace issues or lawsuits.
The publication writes that Oliver "enjoys the close contact she has with clients, and the opportunity to brainstorm strategy. 'We don't take a cookie-cutter approach,' she said…'we really think things through and try to develop the best strategies for our clients.'"
Last year, Oliver was recognized by the Los Angeles Times as an "Inspirational Women Award" nominee. Before joining Hudock Employment Law Group, Oliver practiced in several large international firms. She graduated from Loyola Law School at Loyola Marymount University magna cum laude, Order of the Coif, and served as production editor for the Loyola Los Angeles Law Review. She earned her bachelor's degree from Michigan State University, also magna cum laude, with a double major in Economics and Social Policy/Relations.
Hudock Employment Law Group provides employment litigation and counseling services to growth-minded companies in California, helping them protect their reputations and attract top talent. The firm has achieved successful results for clients in the areas of Wage & Hour, Discrimination, Harassment & Retaliation, Wrongful Termination, Employee Leave, Workplace Management, Employment Agreements. For more information, please visit https://hudockemploymentlaw.com/
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SOURCE Hudock Employment Law Group | https://www.mysuncoast.com/prnewswire/2022/04/19/hudock-employment-law-groups-eliza-langdon-oliver-named-los-angeles-woman-influence/ | 2022-04-19T21:03:41Z |
PRESIDENT BIDEN FIGHTING TO MAKE GOOD ON HIS CLIMATE INITIATIVES WHILE BLM MAKES WAY FOR DAMAGING EXTRACTION ON PUBLIC LANDS.
EAST NORWICH, N.Y., July 21, 2022 /PRNewswire/ -- While President Biden finds ways to make good on his climate initiatives to the American People, his Bureau of Land Management (BLM) rushes to round up healthy wild horses and burros at a pace never before seen. In 2020 the BLM crafted a plan to accelerate removals of wild horses, in part, to make way for damaging mining permits and oil and gas leasing.
Nevada, the most arid state in the nation, has been accelerating mining, oil and gas leasing and a litany of other water dependent extractive projects. NV is also home to more wild horses than all other states combined. One again, the BLM NV is preparing to dig in and use millions more gallons of precious water for mining operations while ousting federally protected wild horses from their homes, and continue the destruction of our lands and wildlife.
"Water is at a premium and the government is reckless with its intentions for the American people." Said Manda Kalimian of the CANA foundation.
Mining trucks continue to pour in, rapidly expanding roadways, and setting up the wild horses and burros once again to lose their homes due to the hold hard-rock mining, energy and livestock industry has on western public lands.
The government claims the horses are starving and depleting the range. But organizations like Wild Horse Education, that have spent 15 years observing these lands, claim just the opposite.
"It boggles the mind that BLM needs to remove wild horses from the range because they say there is no water," President and founder Laura Leigh, "There is water. It is simply being guzzled by industry and wild horses and burros are in the way. The vast majority of these horse are healthy and managing the grasses where they are living. When you track wildfire in the West it is becoming a common occurrence to see wildfire the year after a large removal of wild horses."
"BLM has been more than lax in creating management planning to protect and preserve wild horses and the land they stand on, the intention of the 1971 law," Leigh continued, "Instead, the agency created ten-year roundup plans; no additional input, analysis or assessment for ten years. They skip the actual management plan, the HMAP, because they might have to begin to curtail mining and livestock? Seems too convenient to be due to any other factor."
Manda Kalimian of the CANA foundation says "The government is required to prepare Herd Management Area plans (HMAP) and do ongoing environmental assessments in managing the public range lands. With climate change and drought conditions. Modern day science that address the climate crisis is sorely needed. Rewilding techniques and methodology as well can help in managing the lands for wildlife. But shockingly, there are no environmental assessments and only outdated plans for these areas. Birth control is not a management plan for the range and wild horses, it could be only a small piece of the larger puzzle. The American people and our lands deserve better."
CANA foundation and Wild Horse Education have reached out to Jon Raby, State Director of Nevada Bureau of Land Management, at THE BLUE WING COMPLEX and are awaiting a response.
The orgs sent a joint statement to the State Director prior to the start of the ongoing TRIPLE B roundup in NV where at least 4 wild horses have died, in the first 4 days of active trapping. These operations are occurring during foaling season, a prohibited time of the year for the use of helicopter drive trapping. The agency says it is not foaling season. Observers for Wild Horse Education have been documenting numerous foals being run for miles; some appear days or weeks old.
There has been no reply from the NV State Office.
The organizations had hoped there could be a dialogue to address these ongoing issues involving wild horses and burros. The organizations are preparing their next steps.
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SOURCE CANA Foundation | https://www.kxii.com/prnewswire/2022/07/21/cana-foundation-record-breaking-removals-wild-horses-hit-american-public-lands/ | 2022-07-21T14:24:03Z |
Hundreds in Orange County, California, remain under evacuation orders as Coastal Fire engulfs at least 20 homes
By Elizabeth Wolfe, CNN
A brush fire driven by California’s prolonged drought continues to threaten coastal Orange County homes on Friday and has forced hundreds to evacuate as the fire remains just 15% contained.
Concerns loom that embers may restart the fire in the coming days as Southern California is expected to be plagued by abnormally high temperatures through early next week.
The fire, which has grown to about 200 acres, began Wednesday afternoon in the Aliso and Wood Canyons Wilderness park and quickly spread to the city of Laguna Niguel — home to some of California’s wealthiest neighborhoods — according to Orange County Fire Authority Assistant Chief of Field Operations TJ McGovern.
Temperatures will be 10 to 15 degrees above average across California and the Southwest beginning Friday and continuing into early next week, with forecast high temperatures topping 100 degrees in portions of California, according to CNN meteorologist Taylor Ward.
Evacuation orders remained in place overnight into Friday, the Orange County Fire Authority said, as about 900 homes were under evacuation orders Thursday.
Two firefighters have been taken to the hospital with injuries and released as approximately 550 firefighters work to contain the fire, according to Orange County Fire Authority Division Chief and Incident Commander Shane Sherwood.
In an area that plays host to hillside mansions and multi-million dollar properties, the flames have engulfed and destroyed 20 homes and damaged at least 11 others, Orange County officials said Thursday evening.
The sudden coastal blaze is occurring unusually early in a state where the fire seasons have historically peaked in late summer and fall. The fire comes during a week that has seen several climate crisis-driven disasters, including North Carolina homes collapsing into the ocean and water levels in the country’s biggest man made reservoir plunging so low that human remains have been exposed.
This weekend will be particularly hot for the Southern California region. “Today will mark the start of a warming trend that will last into Saturday,” the National Weather Service in Los Angeles said on Thursday. “Max temps will be above normal today through Saturday, with Saturday being the warmest day of the next seven.”
The cause of the fire is still under investigation, though investigators say “circuit activity” was occurring a “close in time” to when the fire was reported, the South California Edison said in an initial incident report released Wednesday. The utility did not provide any more details on the circuit activity and fire officials did not comment or confirm any details during a press conference Thursday morning.
Officials surprised by sudden blaze
The speed and intensity of the Coastal Fire shocked officials and scientists who say there was not a high risk of fire Wednesday.
The winds that helped fuel the fire reached up to 30 mph, according to the National Weather Service. But the gusts were coming in off the Pacific Ocean, meaning they were cool and humid.
“The humidity was high, which isn’t necessarily optimal to get that kind of burning,” said Greg Martin, a meteorologist at NWS San Diego. “I was really surprised when I saw the smoke plume yesterday evening on my commute and wondered what was burning.”
“That was not what I would have thought would be an ideal situation, and yet we had a substantial fire,” he said.
Though the winds were not typical of high fire risk, the region is suffering from a prolonged intense drought, according to the US Drough Monitor. The dry brush and vegetation will increasingly feed fires like the ongoing blaze in Orange County, a local fire official says.
“The fuel beds in this county, throughout Southern California, throughout the West, are so dry that a fire like this is going to be more commonplace,” said Orange County Fire Chief Brian Fennessy.
“We’re seeing spread in ways that we haven’t before,” he said. “Five years ago, 10 years ago, a fire like that might have grown to an acre, couple acres” before firefighters could get it under control. But now, “fire is spreading in this very dry vegetation and taking off,” he said.
Residents of several Laguna Niguel neighborhoods were under mandatory evacuation orders Wednesday and Thursday and city officials declared a state of emergency so resources could be accessed quickly.
Laguna Niguel resident Allan Aguilera told CNN he and his family decided to evacuate when they saw the scope of the flames from a lookout point in the neighborhood.
“When we reached the top we saw the full scale of how big the fire was and witness how quickly it was spreading,” he said. “There were tons of people in the area doing the same, watching the fire before the winds changed and began pushing the flames closer and closer. At that point we decided to leave and go prepare for potential evacuation.”
“The situation was incredibly tense but we kept our cool, gathered our most valuable belongings … and made an early evacuation to avoid any potential bottle necking if the worst case scenario were to play out,” he added.
A new climate reality for the West
The Coastal Fire comes as the West suffers from a multi-year drought that is not expected to abate in the coming months, according to the National Oceanic and Atmospheric Administration’s spring outlook. And California is not being spared.
Experts are concerned with how early fires are striking this year in the state, where fire seasons have historically peak starting in late summer. In January, over 600 acres of the state’s Monterey County were burned by the Colorado Fire.
“It’s a result of climate change, it’s a result of the drought we’re seeing,” Issac Sanchez, Cal Fire’s battalion chief of communications, told CNN. “The Coastal Fire is a graphic example that you don’t need thousands of acres burned to impact you.”
“It’s way too early” for a fire like the Coastal Fire in Southern California, said Bill South, a meteorologist at the National Weather Service in Hanford. “This has the potential to be a very bad fire season. And as everyone knows, we’re in a drought here throughout the entire state of California.”
In the past week alone, extreme drought expanded from covering 40% of the state to 60% of the state, the US Drought Monitor reported Thursday, and January to April were California’s driest first four months of the year on record.
The extreme drought conditions afflicting the West are the worst in centuries, a recent study found. Researchers determined the period from 2000 to 2021 was the driest in 1,200 years.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Rachel Ramirez, Angela Fritz, Chad Myers, Ella Nilsen, Stephanie Elam, Christina Maxouris, Aya Elamroussi, Sarah Moon and Eric Levenson contributed to this report. | https://localnews8.com/news/2022/05/13/hundreds-in-orange-county-california-remain-under-evacuation-orders-as-coastal-fire-engulfs-at-least-20-homes/ | 2022-05-13T09:18:08Z |
Newest FIA offers protection and accumulation, plus access to proprietary J.P. Morgan Factor FocusSM Index
AUSTIN, Texas, Aug. 10, 2022 /PRNewswire/ -- National Western Life Insurance Company (National Western Life) announced the launch of NWL® New Frontiers, an innovative addition to the Company's product suite. This new fixed indexed annuity exclusively offers access to the J.P. Morgan Factor FocusSM Index, while providing customers with the opportunity to take advantage of market gains and help with accumulation.
NWL® New Frontiers offers index strategies with one-year, two-year, and six-year durations. Customers interested in the six-year option can choose the J.P. Morgan Factor FocusSM Six Year Strategy, which includes an innovative Lock-In Index Value option. NWL® New Frontiers will be available exclusively through The Sterling Group, who assisted in the design of the product. This fixed indexed annuity is the second product made available to The Sterling Group and the first developed by the alliance.
"The launch of the NWL® New Frontiers annuity is exciting for all involved," said Chad J. Tope, National Western Life's Chief Marketing Officer and Executive Vice President. "With the help of The Sterling Group, we've created a powerful accumulation product that producers and customers will certainly gravitate toward."
As the Company continues implementing new systems and technological enhancements, the NWL® New Frontiers annuity will be one of several new products available only on the FireLight® platform, allowing producers to submit applications electronically for easier business. This system offers producers a more efficient and streamlined process, plus the ability to provide electronic delivery to clients.
"We look forward to continually enhancing our business process, and NWL® New Frontiers is one of several new and innovative products we are introducing to the marketplace," commented Mr. Tope. "We are excited to share it with customers and producers."
National Western Life Group, Inc. is the parent organization of National Western Life Insurance Company, which is the parent organization of Ozark National Life Insurance Company, both stock life insurance companies in aggregate offering a broad portfolio of individual universal life, whole life and term insurance plans, as well as annuity products. At June 30, 2022, the Company maintained consolidated total assets of $13.3 billion, consolidated stockholders' equity of $2.1 billion, and combined life insurance in force of $20.3 billion.
Release Contact: Chad J. Tope
Executive Vice President, Chief Marketing Officer
ctope@nwlic.com
800- 760-3434, ext. 206
www.nationalwesternlife.com
The J.P. Morgan Factor FocusSM Index ("Index") has been licensed to National Western Life Insurance Company (the "Licensee") for the Licensee's benefit. Neither the Licensee nor any National Western Life fixed indexed annuity (the "Annuity Product") is sponsored, operated, endorsed, recommended, sold, or promoted by J.P. Morgan Securities LLC ("JPMS") or any of its affiliates (together and individually, "J.P. Morgan"). J.P. Morgan makes no representation and gives no warranty, express or implied, to purchasers of the Annuity Product nor does J.P.
Morgan have any liability for any errors, omissions, or interruptions of the J.P. Morgan Index. Such persons should seek appropriate professional advice before making an investment or purchasing insurance. The Index has been designed and is compiled, calculated, maintained, and sponsored by J.P. Morgan without regard to the Licensee, the Annuity Product, or any policyholder. J.P. Morgan is under no obligation to continue compiling, calculating, maintaining, or sponsoring the Index. J.P. Morgan may independently issue or sponsor other indices or products that are similar to and may compete with the Index and the Annuity Product. J.P. Morgan may transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets). These activities could have a positive or negative effect on the value of the Index and the Annuity Product.
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SOURCE National Western Life Insurance Company | https://www.mysuncoast.com/prnewswire/2022/08/10/national-western-life-introduces-newest-fixed-indexed-annuity-nwl-new-frontiers/ | 2022-08-10T15:35:29Z |
FRANKFURT, Germany, May 6, 2022 /PRNewswire/ -- ADO E-Bike, the world-leading electric cycling providers, is launching the special ADO campaign in celebration of its first anniversary.
"My dream: ADO, cross 1,001 cities." —Mr. Sen
Selling 365 days, crossing more than 600 cities and making the lives of more than 12,000 families better and better.
So far, A DECE OASIS (ADO) brand has celebrated its first birthday, marking the completion of the process of 0 to 1 .
ADO Achievements:
Continuous Upgrade of Differentiated Products, Guarded the Commuting Journey of 10,000 Users
"Our products should be what the users really need." Mr. Sen said, the team adhered to enriching the product line from the users' needs and continued to optimize the existing products from the feedback of market users; in order to improve the technology, the 3,300 square meters of electric assisted bicycle R&D base and laboratory had been put into use.
Uphold Customer Side Belief, Enhance Brand Influence
"More and more users are interacting with us on Facebook, which reflects the consumers' trust and the improvement of ADO brand awareness."Mr. Sen said, ADO built a consumer communication window through "official media + KOL"to increase users' engagement.
Until today, ADO brand is conducting "Construction Project of 1,000 online + offline shops", which has achieved more than 100 million export value, 60+ regional agents and 200+ ADO brand shops in 600+ cities in the world have been put into operation successfully, jointly building the local experience of ADO e-bike brand.
Insist On Localized Service, Provide Worry-Free After-Sales Support
"We want to tell consumers that once they buy an ADO product, the brand will definitely take responsibility for you." Mr. Sen is determined to insist on localization service.
Nowadays, ADO brand has 9 overseas warehouses and 3 local after-sales centers. It can achieve 2-7 days delivery, next-day delivery service in some areas, localized technical and after-sales service support; what's more, ADO promises to replace new products for free for users when maintenance is not possible due to quality problems during the product's life cycle.
Grateful Rewarding to Customers, Jointly Create Good Memories of ADO
The first anniversary of ADO Ebike is approaching, in order to express our sincere thanks for your trust,ADO brand has launched the "Grateful Rewarding to Customers" activity to create good memories with users on official store and social media.
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SOURCE ADO EBIKE | https://www.mysuncoast.com/prnewswire/2022/05/07/first-anniversary-ado-ebike-cross-your-city/ | 2022-05-08T03:04:19Z |
Which budget-friendly tablets compare to Apple’s new iPad?
The Worldwide Developers Conference took place a month ago, and Apple had many announcements. Still, the main thing on everyone’s mind is what’s next? Many tech news blogs are speculating on what Apple will announce this September and whether we’ll see a new iPad with an M2 chip.
If you’re saving money for the next Apple iPad, it may be worth understanding what we can expect it to feature and whether there is a budget alternative.
What to consider before buying Apple’s new iPad
What did Apple announce at WWDC?
- iOS 16: Apple officially announced an updated operating system that will release this fall. iOS 16 will feature numerous updates centered around personalization, communication and performance.
- Lock screen updates: The new OS will add new customization options and enhanced widget support.
- Messages updates: You’ll now be able to un-send iPhone messages and mark threads as unread. Additionally, you’ll be able to watch movies in sync with your friends from the iMessage app.
- Live text translations: iOS 16 will let you translate text using your camera. For example, if you see a street sign or restaurant menu written in a different language, your iPhone can translate it to English.
- Apple Pay Later: You’ll now be able to split an Apple Pay payment over four separate transactions.
- iPad screentime limits: Kids can request more screentime from their parents via message.
- iPad Stage Manager: iPad OS will have a new “Stage Manager” feature that lets you run multiple apps as overlapping windows.
- Apple Watch updates: The Apple Watch is getting four new watch faces, new banner notifications and enhanced features for discovering podcasts.
- M2 Chip: Apple’s M1 chip is known for lightning-fast performance and enhanced battery life. At WWDC, Apple announced a new M2 chip that promises to be even faster.
What do we expect to see from the newest iPad?
European Union officials recently announced that all mobile devices sold in the EU will have to transition to USB-C as early as 2024. United States senators are now pushing for the same legislation in the US. Apple is expected to move away from its lightning chargers and embrace the switch, so we expect the next-generation iPads to feature a USB-C charger.
Apple’s 9th generation iPad featured an A13 bionic chip. The A13 was a huge leap forward for Apple, with 40% less power consumption and 20% faster graphics performance than the A12. On the other hand, the iPhone 12 featured an A14 chip with 30% faster graphics performance than the A12. We can expect some of the newest iPads to feature the A14.
Some of Apple’s iPads feature the M1 chip instead of the A13 bionic chip. The M1 is faster, features more memory and is generally more expensive than the A13. With the announcement of the new M2 chip, we can likely expect some of the newest iPads to feature the M2. Still, some reports suggest we won’t see iPads with M2 chips until 2023.
Should you wait to buy the new iPad?
The new iPad is sure to have enhanced multitasking capabilities, making it ideal for those who use it for work. Still, numerous budget-friendly models are ideal for multitasking. Additionally, many older iPads will get similar upgrades when the new iPadOS features are released.
If you’re a massive fan of Apple products and don’t mind spending more to get the latest tech, it may be worth waiting for the new iPad. On the other hand, if you’re just looking for a tablet ideal for working, streaming or gaming, you may be better off buying another model.
Apple iPad FAQ
What is the best iPad currently?
A. The iPad Pro 5th Generation is one of the best models currently available. It features an M1 processor and a high-contrast display ideal for streaming, gaming and digital art. The camera is top-notch, and the battery lasts around 10 hours on a single charge. Still, this is one of the more expensive models.
What are the disadvantages of an iPad?
A. Apple’s iPads are relatively expensive compared to other tablets. In many cases, you may pay anywhere from $200-$1,000 more for an iPad. Additionally, iPads aren’t as good at multitasking as a laptop. Still, the upcoming Stage Manager feature could resolve this issue.
How is iPadOS different from iOS?
A. iOS is the operating system used for iPhones, whereas iPadOS is used for iPads. Generally, they have many of the same features, although iPadOS has more features centered around multitasking.
Best budget alternatives to the new iPad
This entry-level model features the A13 bionic chip. It’s more affordable than most iPads. The high-quality front-facing camera is ideal for video chats. It’s compatible with the 1st-gen Apple Pencil and Smart Keyboard.
Sold by Amazon
This features a 10.5-inch screen and 32 gigabytes of storage, although the operating system takes up a good chunk of this space. You can purchase this option with 64 GB or 128 GB of storage space if you need more storage. Many were impressed with the speakers’ audio quality.
Sold by Amazon
This is the best Lenovo tablet for watching TV and listening to music. The charging dock doubles as a Dolby Atmos smart speaker, making it an ideal smart-home hub. It’s lightweight and features Alexa voice controls.
This features a 10.1-inch screen and weighs roughly one pound. It features 64 GB of storage and has front-and-rear-facing cameras. Many were impressed with its speed and multitasking capabilities.
Sold by Amazon
If you’re planning to buy the new iPad for digital art, you can save a ton of money by opting for a Wacom One. Although it doesn’t feature a screen, it links to your PC to use its display. It’s ergonomic, scratch-resistant and accurately follows your motions.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/tablets-accessories-br/should-you-wait-for-apples-new-ipad-in-the-fall-or-get-a-budget-friendly-tablet-now/ | 2022-07-09T01:42:33Z |
SOMERVILLE, Mass., July 13, 2022 /PRNewswire/ -- Leading national multifamily real estate developer Wood Partners today announced the official grand opening of its newest luxury residential development, Alta Revolution, located just outside Boston in Somerville, Massachusetts.
The new community is located at 290 Revolution Road in the thriving Assembly Square district, which offers an eclectic mix of renowned art, music and food unique to the Somerville area. The new community's prime location provides residents with an ultra-walkable route to nearby retail and entertainment options, including The Row, which features more than 70 shops and restaurants in addition to bowling and a pristine riverfront park. Alta Revolution also places residents in close proximity to some of the area's top employers, including Mass General Brigham, Puma and a soon to be complete business park featuring lab and office space for leading organizations. For those looking to take advantage of all that the city has to offer, downtown Boston is only five miles away via the Orange Line station, which is located just around the corner from the property.
"We are thrilled to finally welcome residents to Wood Partners' newest luxury community—Alta Revolution—just outside of Boston in Somerville's growing Assembly Square district," said Jim Lambert, Managing Director at Wood Partners. "Our latest community provides residents with the best of both worlds—a walkable, thriving neighborhood to call home with the added convenience of all that downtown Boston has to offer just a few minutes away."
Alta Revolution offers 329 apartment homes consisting of studio, one-, two- and three-bedroom floor plans, as well as full townhouse apartments across eight floors. Each spacious home features high-end, sophisticated finishes complete with luxurious chef's kitchens outfitted with quartz countertops, white tile backsplashes, pendant lighting and stainless-steel Samsung appliances. Elegantly designed bathrooms offer quartz countertops, tub and shower surrounds and LED backlit mirrors to welcome residents home after a long day. Additional luxe finishes include wide plank flooring, full-size in-unit washer and dryer sets, sun blocking roller shades, large walk-in closets and Schlage Control smart locks.
Residents of Alta Revolution will also enjoy the community's wide range of sophisticated amenities, including a resort-style swimming pool complete with sundeck, hot tub and outdoor showers, a relaxing courtyard and firepit area featuring communal dining and outdoor games, an outdoor entertainment space with grilling stations, lounge seating, TV and fireplace and an on-site dog park and pet spa. Just inside the community clubhouse, Alta Revolution offers even more for residents to take advantage of including a state-of-the-art fitness center, indoor lounge with community kitchen and coffee station, a private meeting and dining room, a dedicated creative studio with sound booths and work stations, and a game room complete with billiards, shuffle board, air hockey and more.
Alta Revolution is managed by Wood Residential. Visit https://altarevolution.com/ for more information.
Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. The company has been involved in the acquisition and development of more than 90,000 multifamily homes with a combined capitalization of $17.5 billion. The company currently owns 70 properties across the United States representing more than 20,000 homes. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates Wood Residential, an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For two years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.
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SOURCE Wood Partners | https://www.wibw.com/prnewswire/2022/07/13/wood-partners-welcomes-residents-assembly-square-with-newest-luxury-community-outside-boston/ | 2022-07-13T14:10:44Z |
NEW YORK, Aug. 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Wells Fargo securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Wells Fargo class action, go to https://rosenlegal.com/submit-form/?case_id=7261 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 29, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (2) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (3) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (4) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (5) as a result, Wells Fargo's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Wells Fargo class action, go to https://rosenlegal.com/submit-form/?case_id=7261 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/08/10/rosen-leading-law-firm-encourages-wells-fargo-amp-company-investors-secure-counsel-before-important-deadline-securities-class-action-wfc/ | 2022-08-10T04:08:03Z |
Food grade extruder designed for FDM 3D printer, turning the ordinary 3D Printer into a chocolate printer
NANJING, China, June 23, 2022 /PRNewswire/ -- 3D printing is a prime example, ushering in a new era of localized production based on digital fabrication. Many brands of food printers have gained popularity as a result of the coupling of 3D printing technology with food. However, the purpose-built 3D food printers on the market are too expensive. To solve the pain point, Wiiboox launched a food 3D printer extruder named LuckyBot, a versatile, convenient, and cost-effective food extruder which easily turns the FDM 3D printer into a food 3D printer in minutes. Please take a look at how this machine can be customized for 3D food printing.
High Compatibility for FDM 3D Printers
LuckyBot food extruder could be installed on most FDM printers on the market to enable 3D food printing, like Creality Ender 3/3 Pro/3 V2/3 Max, Ender 5/6/7 CR-10 Series, and Anycubic Mega Series, Voxelab Aquila 3D Printers. Upgrade the FDM 3D printer into a food printer easily and creatively brings 3DP technology to the kitchen.
LuckyBot replaces a 3D printer's standard hotend with one designed specifically for printing food material. It has a lightweight and compact body, which can utilize the printing size when adding 3D printers. Non-destructive disassembly makes switching between FDM 3D printers and food 3D printers easy.
Food-Grade Materials, Protective to Health
LuckyBot extruder comes with a food-grade ABS body, stainless steel nozzle, and food-grade PP tubes to enhance the importance of food safety. It has been certified by FDA, FCC, and CE. Enjoy 3D chocolate printing without worrying about food safety anymore.
The 0 - 50°C temperature control range and automatic power-off function greatly increase the safety of the user. One of the most critical aspects impacting food printing is temperature. Thus LuckyBot manages the temperature control accuracy to within 0.5°C using advanced temperature control algorithms. In addition, the motor control system of LuckyBot is instrumental in allowing food printing to achieve the same level of precision as filaments.
Quick to Assemble, Easy to Use
By removing the original hotend of the 3D printer and replacing it with the LuckyBot food extruder, users can easily control temperature and lead screw settings using just three buttons. Beginners and professionals alike can get started in a few minutes.
In terms of the software, LuckyBot can be operated using the same techniques as printing filament. Accessible for 3D printing food and having fun.
Various Printing Ingredients for Unlimited Creativity
LuckyBot supports the 3D printing of various ingredients like chocolate, peanut butter, cream, cheese, jam, mashed potatoes, salad dressing, and more, with no limitations on creativity. Chocolate excels when it comes to 3D food printing. The 3D chocolate printing procedure in LuckyBot is: the tempered chocolate is fed into the food-grade PP tube in LuckyBot and extruded as the nozzle is moved around to trace shapes and form 2D layers one at a time.
Applied to Many Scenarios
LuckyBot can satisfy users' demands for different dimensions in 2D or 3D chocolate/food designs that are eye-catching and creative, especially for dessert shops, coffee shops, the upcoming wedding, or just something to have a bit of fun with family or friends. It is also suitable for hotel, catering, and event gastronomy, ideal for chefs, bakers, culinary enthusiasts, and 3D lovers.
For more information, please visit LuckyBot's official website: http://www.wiibooxluckybot.com
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SOURCE LuckyBot | https://www.mysuncoast.com/prnewswire/2022/06/23/wiiboox-launches-food-3d-printer-extruder-named-luckybot-new-dimension-fdm-3d-printers-food-creations/ | 2022-06-23T17:32:36Z |
NEW YORK (AP) — Hundreds of couples whose weddings were derailed or scaled back due to the COVID-19 pandemic got a do-over at no less than a New York City landmark.
The Lincoln Center for the Performing Arts hosted “Celebrate Love: A (Re)Wedding” for 500 couples on Sunday evening in the pavilion outside the center.
Lincoln Center’s website calls it ”a special day for newlyweds, those whose weddings were canceled or diminished, and people who want to recommit their love to their partners and the city we love.”
It featured a multicultural ceremony — not legally binding — as well as music, dancing and remarks from New York City Mayor Eric Adams. | https://cw33.com/strange-news/ap-strange-news/couples-derailed-by-virus-get-mass-re-wedding-in-new-york/ | 2022-07-11T14:24:29Z |
Police arrested a second suspect and are seeking a third in connection with the mass shooting that took place at Columbiana Centre mall in Columbia, South Carolina, Police Chief W.H. "Skip" Holbrook told said in a Monday news conference.
The shooting left 15 people injured in Saturday's shooting. Police had been reporting for the last two days that 14 people were injured, but another victim was reported Sunday during interviews, Holbrook said. The 15th victim was injured while standing beside someone who was hit by gunfire. Police said that nine people suffered gunshot wounds during the shooting and six others suffered other injuries.
Marquise Love Robinson, 20, was the latest suspect arrested, Holbrook said. Robinson was charged with nine counts of assault and battery of a high and aggravated nature, attempted murder and unlawful carry of a handgun, Holbrook said. Robinson is scheduled for a bond hearing Tuesday morning.
Police believe the motive for the shooting is connected to an ongoing dispute between the suspects. Two handguns have been seized that police believe were used in the shooting, Holbrook said.
Jewayne Price, 22, was arrested the day of the shooting and was charged with unlawful carrying of a pistol, police said in a news release. Holbrook said Monday that Price is now facing additional charges of nine counts of aggravated assault and battery of a high and aggravated nature and attempted murder.
An arrest warrant has also been issued for a third suspect, Amari Sincere-Jamal Smith, 21, Holbrook said. Smith is wanted for nine counts of assault and battery of a high and aggravated nature, attempted murder and unlawful carry of a pistol.
Smith should be considered armed and dangerous, Holbrook said.
It is unknown if Robinson or Smith have attorneys. CNN contacted the solicitor's office for the state's 11th judicial circuit but the messages were not returned.
Price's attorney, Todd Rutherford, told CNN affiliate WIS-TV Sunday that his client "did not do anything to bring about the trouble" and was attacked by two people shooting at him at the mall.
"He called the police, turned himself in, turned over the firearm that was used in this and gave a statement to the Columbia Police Department," Rutherford said. "He owns the gun legally, it is registered to him, he bought it legally, he has no prior record, as you heard in court. He does not have a concealed weapons permit."
Rutherford said his client knew the attackers and that the incident did not stem from a verbal argument turned violent. He added the other suspects allegedly threatened his client on Facebook prior to the shooting.
"This was a situation where they just started to shoot at him," Rutherford said. "His thoughts and prayers go out to those who were injured in this incident. It was unprovoked by him."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/second-person-arrested-in-connection-with-south-carolina-mall-shooting-that-left-15-people-injured/article_aa9aa0f5-ca5c-5ba2-be54-3f9baacc5269.html | 2022-04-19T01:34:35Z |
Oklahoma Legislature sends governor anti-transgender bathroom bill
By Andy Rose and Devan Cole, CNN
Oklahoma’s legislature gave final approval Thursday to a bill that would require students at public schools and public charter schools in the state to use restrooms and locker rooms that match the sex listed on their birth certificates — the latest anti-transgender bill state lawmakers have sent to their Republican governor this year.
The state’s GOP-led Senate passed SB 615 by a vote of 38-7. If signed by Gov. Kevin Stitt, the measure would take effect immediately. CNN has reached out to the governor’s office for comment.
The bill would apply to students in pre-K through 12th grade at public and public charter schools in the state. Transgender students who decline to use the restroom required under the measure would have to use “a single-occupancy restroom or changing room” provided by the school.
School districts that fail to comply would have a portion of their state funding cut and could be sued by school parents.
The bill’s passage comes as conservative state lawmakers around the country have pushed more than 100 anti-trans bills this year, with a particular focus on transgender students. Oklahoma has been front-and-center in this effort, with Stitt having signed at least two bills restricting transgender rights this year alone.
In late March, the governor signed legislation banning transgender women and girls from competing on sports teams consistent with their gender at public schools, public charter schools and public colleges in the state, adding Oklahoma to a growing list of states that have approved such a ban in recent years.
And last month, Stitt signed a law that bans nonbinary gender markers on birth certificates in the state.
Advocates have for years worked to combat bathroom bills like the one passed Thursday, blasting them as an unnecessary and harmful attack on a transgender student’s humanity.
“All this bill does is target transgender people for discrimination,” the American Civil Liberties Union of Oklahoma wrote in a tweet. “All of us, including transgender people, care about safety and privacy in restrooms and locker rooms.”
Young transgender Americans make up a tiny fraction of kids in the US — the US Centers for Disease Control and Prevention has estimated less than 2% of high school students identify as transgender. Health care professionals have said the types of bills Republicans are pushing are likely to further ostracize transgender kids, a group that already struggles with higher rates of depression, anxiety and suicide.
The political debate around which bathroom trans people are allowed to use exploded in 2016 when North Carolina enacted a law that had required people at a government-run facility to use bathrooms and locker rooms that corresponded to the gender on their birth certificate, if the rooms in question were multiple-occupancy. The measure drew intense criticism from businesses and advocates, and it was later repealed.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/05/19/oklahoma-legislature-sends-governor-anti-transgender-bathroom-bill/ | 2022-05-20T05:41:35Z |
Confidential Douglas & London client settles lawsuit with New York City Hotel Group which alleged they turned a blind eye to Sex Trafficking in favor of repeated business
NEW YORK, July 28, 2022 /PRNewswire/ -- The attorneys of Douglas & London are at the forefront of fighting businesses who turn a blind eye to cases of human sex trafficking. Hotels and other businesses benefit from repeated business from human sex traffickers and will either assist to make access easier for sex traffickers or neglect safety measures which would help the victims. These alleged events took place in the boroughs of Manhattan and Queens in New York City.
Human Sex Trafficking is an epidemic in America is happening in plain sight. Globally, Human Trafficking is estimated to bring in profits of about $150 billion – an estimated two-thirds of which is from sexual exploitation. Hotels, motels, and truck stops are popular venues for sex trafficking business operations due to easy access, lack of security, willingness to accept cash, and lack of intervention.
Douglas & London is on the frontlines of fighting those who profit from human trafficking by perpetuating the issue at the expense of sex trafficking victims. As part of the settlement agreement, the hotels, victim, and settlement amount are confidential, but cases and victims remain in New York City and all across the United States. The client was represented by Randolph Janis and Virginia E. Anello.
Since opening in 2002, Douglas & London has recovered over $1 billion on behalf of thousands of clients. Their team of attorneys and support staff work tirelessly for those who have been victimized or neglected, which has earned the firm national acclaim and recognition including awards from Best Lawyers in America, The National Trial Lawyers, Super Lawyers, New York Magazine, and more!
More information on the firm can be obtained at www.douglasandlondon.com.
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SOURCE Douglas & London | https://www.mysuncoast.com/prnewswire/2022/07/28/human-sex-trafficking-victim-settles-lawsuit-with-new-york-city-hotels/ | 2022-07-28T21:50:14Z |
ISLANDIA, N.Y., April 21, 2022 /PRNewswire/ -- Minus Works announces the introduction of Plant-Based, Leak-Proof Gel Packs for shipping perishables. This new refrigerant gel formulation features a biodegradable, plant-based gel that is semi-solid and will not leak or flow if the containment film is broken or punctured.
This gel is a 0°C/32°F refrigerant, perfect for protecting perishables at frozen or refrigerated temperature ranges. Suitable applications include meal kits, online grocery, specialty food delivery, heat sensitive healthcare products, biopharma, and thermosetting chemicals.
"We see this product as a sustainable alternative to the Freezer Brick, which many shippers use as a leak-proof refrigerant that keeps its shape over freeze/thaw cycles. Freezer Bricks are made with open cell phenolic foam, which is a pollutant of priority concern. We believe offering an eco-friendly product of equal performance can help provide shippers with greener options," said Ben Shore, CEO of Minus Works.
For more information about how these Plant-Based, Leak-Proof gel packs can assist you in your cold shipping application, visit www.minusworks.com, email us at cs@minusworks.com or call us at 516-331-1638.
About Minus Works:
Minus Works is an American manufacturing and technology company focused on bringing innovative products to the cold chain industry, including sustainable, high-performance gel packs for the shipping of perishables. We believe in the relentless pursuit of less. Less waste, less environmental impact, less total cost for our customers. For us, less is not more, less is less. And that's good.
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SOURCE Minus Works | https://www.wibw.com/prnewswire/2022/04/21/minus-works-introduces-plant-based-leak-proof-gel-packs-shipping-perishables/ | 2022-04-21T14:26:17Z |
S&T BANCORP, INC. ANNOUNCES SECOND QUARTER 2022 NET INCOME
Published: Jul. 21, 2022 at 6:30 AM CDT|Updated: 1 hour ago
INDIANA, Pa., July 21, 2022 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, with operations in five markets including Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio and Upstate New York, announced net income of $28.9 million, or $0.74 per diluted share, for the second quarter of 2022 compared to net income of $29.1 million, or $0.74 per diluted share, for the first quarter of 2022 and net income of $28.4 million, or $0.72 per diluted share, for the second quarter of 2021.
Second Quarter of 2022 Highlights:
Return on average assets (ROA) of 1.25%, return on average equity (ROE) of 9.83% and return on average tangible equity (ROTE) (non-GAAP) of 14.63%.
Pre-provision net revenue to average assets (PPNR) (non-GAAP) of 1.71%.
Net interest income increased $7.5 million, or 11%, and NIM (FTE) (Non-GAAP) increased 40 basis points compared to the first quarter of 2022.
Strong consumer loan growth of $111.7 million, or 27.5% annualized, compared to March 31, 2022.
Nonperforming assets decreased $20.7 million, or 34.8%, compared to March 31, 2022.
S&T's Board of Directors approved a $0.30 per share dividend compared to $0.28 per share in the same period last year.
"Our performance was strong this quarter with significant growth in net interest income and net interest margin. We also saw significant improvement in our nonperforming assets with a decline of nearly 35% from the first quarter and a 66% decline from a year ago," said Chris McComish, chief executive officer. "We are extremely proud to be recently named by Forbes as a Best-In-State Bank especially on the heels of our recognition by J.D. Power as the highest in overall customer satisfaction with retail banking in the Pennsylvania region. Both awards are an honor and a true reflection of our dedicated employees and the trust our customers have placed in us to help meet their financial needs."
Net Interest Income
Net interest income increased $7.5 million, or 11%, to $75.2 million for the second quarter of 2022 compared to $67.7 million for the first quarter of 2022. The increase in net interest income was primarily due to higher interest rates in the second quarter. The yield on total average loans increased 34 basis points compared to the first quarter of 2022 while the cost of total interest-bearing deposits remained unchanged at 0.14%. Net interest margin on a fully taxable equivalent basis (NIM) (FTE) (non-GAAP) increased 40 basis points to 3.56% compared to 3.16% in the prior quarter.
Asset Quality
Total nonperforming assets decreased $20.7 million, or 34.8%, to $38.8 million at June 30, 2022. The decrease primarily related to the resolution of a $9.9 million commercial and industrial, or C&I, relationship and additional loan pay-offs. Significant progress has been made in reducing nonperforming assets over the past year with a reduction of $74.9 million, or 65.9%, since June 30, 2021. Nonperforming assets to total loans plus other real estate owned, or OREO, decreased 30 basis points to 0.55% at June 30, 2022 compared to 0.85% at March 31, 2022 and 1.62% at June 30, 2021. Net loan charge-offs were $3.0 million for the second quarter of 2022 compared to net loan recoveries of $2.0 million in the first quarter of 2022. Gross loan charge-offs of $7.7 million were offset by recoveries of $4.7 million during the second quarter of 2022. The C&I relationship previously mentioned resulted in a $5.5 million charge-off which was offset by a $3.9 million C&I recovery from a relationship that was charged off in 2019. The provision for credit losses was $3.2 million for the second quarter of 2022 compared to negative $0.5 million in the first quarter of 2022. The negative provision in the first quarter of 2022 was mainly due to the net recovery of $2.0 million. The allowance for credit losses was 1.39% of total portfolio loans as of June 30, 2022 compared to 1.43% at March 31, 2022.
Noninterest Income and Expense
Noninterest income decreased $2.6 million to $12.6 million in the second quarter of 2022 compared to $15.2 million in the first quarter of 2022. Other income decreased $1.9 million primarily related to the decline in the fair value of the assets in a nonqualified benefit plan and a $0.5 million gain on sale of OREO in the first quarter of 2022. Mortgage banking income decreased $0.5 million due to a shift in the volume of loans sold to loans held in the portfolio. Noninterest expense increased $1.0 million to $48.4 million for the second quarter of 2022 compared to $47.4 million in the first quarter of 2022 mainly due to an increase of $1.1 million in salaries and employee benefits related to higher incentives and medical expense offset by a decline in the fair value of the liability in a nonqualified benefit plan. Professional services and legal increased $0.4 million related to various consulting engagements during the second quarter of 2022.
Financial Condition
Total assets were $9.1 billion at June 30, 2022 compared to $9.4 billion at March 31, 2022. The decrease in total assets related to a $479.1 million decline in cash balances which was mainly due to a decrease in total deposits and an increase in loans. Total portfolio loans excluding, Paycheck Protection Program, or PPP, increased by $107.2 million, or 6.2% annualized, compared to March 31, 2022. The consumer loan portfolio grew $111.7 million, or 27.5% annualized, with strong growth in both residential mortgages and home equity compared to March 31, 2022. Noninterest-bearing demand deposits were stable at $2.7 billion compared to March 31, 2022. Interest-bearing deposits declined $344.7 million compared to March 31, 2022. The decline in interest-bearing deposits was concentrated in higher balance, rate sensitive customer accounts. During the second quarter of 2022, 151,220 common shares were repurchased at a total cost of $4.2 million, or an average of $27.46 per share. S&T continues to maintain a strong regulatory capital position with all capital ratios above the well-capitalized thresholds of federal bank regulatory agencies.
Dividend
S&T's Board of Directors approved a $0.30 per share cash dividend on July 18, 2022. This dividend compares to a $0.28 per share dividend declared in the same period in the prior year. The dividend is payable August 18, 2022 to shareholders of record on August 4, 2022.
Conference Call
S&T will host its second quarter 2022 earnings conference call live over the Internet at 1:00 p.m. ET on Thursday, July 21, 2022. To access the webcast, go to S&T's webpage at www.stbancorp.com and click on "Events & Presentations." Select "2nd Quarter 2022 Earnings Conference Call" and follow the instructions. After the live presentation, the webcast will be archived on this website for at least 90 days. A replay of the call will also be available until July 28, 2022, by dialing 1.877.481.4010; the Conference ID is 45770.
About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is a $9.1 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in five markets including Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio and Upstate New York. S&T Bank was recently named by Forbes as a 2022 Best-in-State Bank. S&T Bank also received the highest ranking in customer satisfaction for retail banking in the Pennsylvania region by J.D. Power*. For more information visit stbancorp.com or stbank.com. Follow us on Facebook, Instagram and LinkedIn.
*S&T Bank received the highest score in Pennsylvania in the J.D. Power 2022 U.S. Retail Banking Satisfaction Study of customers' satisfaction with their primary bank. Visit jdpower.com/awards for more details.
This information contains or incorporates statements that we believe are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to our financial condition, results of operations, plans, objectives, outlook for earnings, revenues, expenses, capital and liquidity levels and ratios, asset levels, asset quality, financial position and other matters regarding or affecting S&T and its future business and operations. Forward-looking statements are typically identified by words or phrases such as "will likely result," "expect," "anticipate," "estimate," "forecast," "project," "intend," "believe," "assume," "strategy," "trend," "plan," "outlook," "outcome," "continue," "remain," "potential," "opportunity," "comfortable," "current," "position," "maintain," "sustain," "seek," "achieve," and variations of such words and similar expressions, or future or conditional verbs such as will, would, should, could or may. Although we believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect. The matters discussed in these forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results and trends to differ materially from those made, projected, or implied in or by the forward-looking statements depending on a variety of uncertainties or other factors including, but not limited to: credit losses and the credit risk of our commercial and consumer loan products; changes in the level of charge-offs and changes in estimates of the adequacy of the allowance for credit losses; cyber-security concerns; rapid technological developments and changes; operational risks or risk management failures by us or critical third parties, including fraud risk; our ability to manage our reputational risks; sensitivity to the interest rate environment including a prolonged period of low interest rates, a rapid increase in interest rates or a change in the shape of the yield curve; a change in spreads on interest-earning assets and interest-bearing liabilities; the transition from LIBOR as a reference rate; regulatory supervision and oversight, including changes in regulatory capital requirements and our ability to address those requirements; unanticipated changes in our liquidity position; changes in accounting policies, practices or guidance; legislation affecting the financial services industry as a whole, and S&T, in particular; the outcome of pending and future litigation and governmental proceedings; increasing price and product/service competition; the ability to continue to introduce competitive new products and services on a timely, cost-effective basis; managing our internal growth and acquisitions; the possibility that the anticipated benefits from acquisitions, cannot be fully realized in a timely manner or at all, or that integrating the acquired operations will be more difficult, disruptive or costly than anticipated; containing costs and expenses; reliance on significant customer relationships; an interruption or cessation of an important service by a third-party provider; our ability to attract and retain talented executives and employees; our ability to successfully manage our CEO transition; general economic or business conditions, including the strength of regional economic conditions in our market area; the duration and severity of the coronavirus ("COVID-19") pandemic, both in our principal area of operations and nationally, including the ultimate impact of the pandemic on the economy generally and on our operations; our participation in the Paycheck Protection Program; deterioration of the housing market and reduced demand for mortgages; deterioration in the overall macroeconomic conditions or the state of the banking industry that could warrant further analysis of the carrying value of goodwill and could result in an adjustment to its carrying value resulting in a non-cash charge to net income; the stability of our core deposit base and access to contingency funding; re-emergence of turbulence in significant portions of the global financial and real estate markets that could impact our performance, both directly, by affecting our revenues and the value of our assets and liabilities, and indirectly, by affecting the economy generally and access to capital in the amounts, at the times and on the terms required to support our future businesses.
Many of these factors, as well as other factors, are described in our Annual Report on Form 10-K for the year ended December 31, 2021, including Part I, Item 1A-"Risk Factors" and any of our subsequent filings with the SEC. Forward-looking statements are based on beliefs and assumptions using information available at the time the statements are made. We caution you not to unduly rely on forward-looking statements because the assumptions, beliefs, expectations and projections about future events may, and often do, differ materially from actual results. Any forward-looking statement speaks only as to the date on which it is made, and we undertake no obligation to update any forward-looking statement to reflect developments occurring after the statement is made.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/07/21/sampt-bancorp-inc-announces-second-quarter-2022-net-income/ | 2022-07-21T12:59:57Z |
PITTSBURGH, Sept. 16, 2022 /PRNewswire/ -- "I'm a plumber and I wanted to create a simple way to elevate a water heater to make additional room for water in the drip pan," said an inventor, from Prattville, Ala., "so I invented the WATER HEATER BRIDGE. My design would increase the water capacity of the drip pan to avoid a quick fill and overflow."
The invention provides an improved base for a water heater. In doing so, it allows for additional water capacity in the drip pan. As a result, it helps to prevent water overflow and damage and it provides added peace of mind. The invention features a practical design that is easy to use so it is ideal for plumbers and homeowners. Additionally, a prototype/model is available upon request.
The original design was submitted to the Birmingham sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 21-BRK-4143, 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/2022/09/16/inventhelp-inventor-develops-water-heater-base-prevent-drip-pan-overflow-brk-4143/ | 2022-09-16T19:53:01Z |
WASHINGTON (AP) — For some Afghans who were evacuated as their country fell to the Taliban last summer, the journey to the United States has stalled, and perhaps ended, at a sun-baked cluster of tents and temporary housing on an American base in the Balkans.
While more than 78,000 Afghans have arrived in the U.S. for resettlement since August, the future for those who have been flagged for additional security vetting and diverted to Camp Bondsteel, in the small nation of Kosovo, remains up in the air. The U.S. won’t force the dozens there to return to Afghanistan, where they could face reprisals.
Their frustration is growing. Some Afghans at the base, which has been shrouded in secrecy, took the unusual step this week of staging a protest, holding up signs with messages such as “we want justice,” according to photos sent to The Associated Press.
“They just keep repeating the same things, that it takes time and we must be patient,” one of the Afghans, Muhammad Arif Sarwari, said in a text message from the base.
Their complaints open a window into an aspect of the evacuation and resettlement of Afghans that has gotten little attention because U.S. authorities, and the government of Kosovo, have been reluctant to say much about the people sent to Bondsteel.
The base houses a mix of adults and children, because some of the people who have so far failed to get a visa to the U.S. are traveling with family. Sarwari, a former senior intelligence official with the Afghan government, said there are about 45 people there, representing about 20 or so individual visa cases, after a flight to the U.S. left with 27 of the refugees on Wednesday.
The Biden administration won’t provide details, but acknowledges that some of the evacuees did not make it through what it calls a “a multi-layered, rigorous screening and vetting process” and won’t be permitted to enter the U.S.
“While the vast majority of Afghan evacuees have been cleared through this process, the small number of individuals who have been denied are examples of the system working exactly as it should,” said Sean Savett, a spokesman for the National Security Council.
In all, about 600 Afghans have passed through Bondsteel, according to the government of Kosovo, which initially authorized use of the base for evacuees for a year but recently agreed to extend that until August 2023.
Kosovo, which gained independence from Serbia in 2008 with U.S. support, has also provided little information about the Afghans at Bondsteel, citing the privacy of the refugees. Prime Minister Albin Kurti said in a statement that the government is proud of its role providing temporary shelter to them.
Afghans are housed in a section of Bondsteel called Camp Liya, named for an Afghan child handed to the U.S. Marines over a fence at the Hamid Karzai International Airport during the evacuation, according to a U.S. military publication.
It was the chaotic nature of that evacuation that led to the need for an overseas facility in the first place. As the Afghan government collapsed, thousands of people made it onto military transport planes with minimal screening before they arrived at one of several overseas transit points.
The people sent to Bondsteel were stopped and diverted for a host of reasons, including missing or flawed documents or security concerns that emerged during overseas vetting by the FBI and the Department of Homeland Security, officials have said.
At the same time, some in Congress have criticized the administration for what they say has been inadequate vetting of Afghan refugees.
Sarwari made it to Kuwait from Afghanistan in early September with his wife and two of his daughters and says he doesn’t know why he’s been held up. He was a prominent figure in Afghanistan, serving as the former director of intelligence after the U.S. invasion in 2001. Before that, he was a top official with the anti-Taliban Northern Alliance.
Both positions would make him a target of the Taliban if he were to return.
“The vetting team keeps telling us sorry, Washington is just deciding some political issues,” he said.
Sarwari has applied for a special immigrant visa, which is issued to people who worked for the U.S. government or its allies during the war. He has not received a response, according to his lawyer, Julie Sirrs.
“In theory, he is free to leave but it’s not clear where he could go,” Sirrs said. “He obviously cannot return to Afghanistan. He’s clearly in danger if he returns.”
He and others live a circumscribed existence on Bondsteel. Although technically not detained, they cannot leave the arid, rocky base and have spent months in tents, which were adorned with handwritten signs during this week’s protest. One said “unfair decision,” while another said “children are suffering.”
The Biden administration says authorities have determined that some — it won’t say how many — simply cannot be allowed to enter the U.S. It is working to find other countries that don’t harbor the same security concerns and are willing to accept them for resettlement. No one will be forcibly returned to Afghanistan, the NSC spokesperson said.
_____
Associated Press writer Llazar Semini contributed from Tirana, Albania. | https://cw33.com/news/politics/ap-politics/security-concerns-leave-afghan-evacuees-stuck-in-balkan-camp/ | 2022-06-03T22:46:47Z |
Even at 100 degrees, this weekend is as low as it will get for awhile.
Temperatures are only going to increase next week.
It’s fair to say this summer is already one for the record books. The amount of triple digit heat days we’ve already seen in Texoma put this summer as one of the hottest in recent memory. And looking forward to next week, this summer is far from done with the triple digit days.
So as you head out this weekend, know that a high of 100 or 101 for Saturday and Sunday is as “cool” as it will get for awhile. Next week temperatures will be pushing towards highs of 105 or more.
Though there are some models showing some pop-up showers early Sunday morning for the Oklahoma counties, it’s a very low chance. Even if some counties see some showers Sunday, it will not be enough rain to put a dent in this drought. If any county sees these showers, it will just reduce the daily temperature a few degrees.
My advice is to put on some sunblock, fill up your water bottle and do what you need to do outside this weekend. As next week heat advisories will be likely across Texoma and could be in place for a long period of time.
Brady Blackstock
Weekend Meteorologist
News 12 / KXII-TV
Copyright 2021 KXII. All rights reserved. | https://www.kxii.com/2022/07/15/even-100-degrees-this-weekend-is-low-it-will-get-awhile/ | 2022-07-15T22:25:08Z |
Proud Boys member pleads guilty to conspiracy in Jan. 6 riot
WASHINGTON (AP) — A North Carolina man on Friday became the second member of the extremist group Proud Boys to plead guilty to conspiring with other group members to stop Congress from formally certifying Joe Biden’s 2020 election victory.
Charles Donohoe, 34, pleaded guilty during an appearance in federal court in Washington to charges of conspiracy to obstruct an official proceeding and assaulting or impeding federal officers. His plea agreement includes a provision to cooperate in the ongoing Justice Department cases against other Proud Boys members.
Federal sentencing guidelines call for a prison term of about six to seven years, although terms of his sentence will be up to a federal judge.
The indictment against Donohoe and other members of extremist groups, such as the Proud Boys and Oath Keepers, have been a focus of the Justice Department’s sprawling investigation of the Jan. 6, 2021 insurrection. Donohoe — who had been president of a local Proud Boys chapter in North Carolina — has close ties to the group’s leader, Enrique Tarrio.
More than three dozen people charged in the Capitol siege have been identified by federal authorities as Proud Boys leaders, members or associates.
Tarrio pleaded not guilty this week to charges that he remotely led a plot to stop Congress’ certification of Biden’s 2020 victory in the presidential election. Though he wasn’t at the Capitol during the Jan. 6 riot, prosecutors say Tarrio organized encrypted chats with Proud Boys members in the weeks before the attack, had a 42-second phone call with another member of the group in the building during the insurrection and took credit for the chaos at the Capitol.
A New York man, Matthew Greene, became the first Proud Boys member to plead guilty to conspiracy in December. He agreed to cooperate with authorities as part of a plea agreement.
On the morning of Jan. 6, Proud Boys members met at the Washington Monument and marched to the Capitol before President Donald Trump finished addressing thousands of supporters near the White House.
Around two hours later, just before Congress convened a joint session to certify the election results, a group of Proud Boys followed a crowd of people who breached barriers at a pedestrian entrance to the Capitol grounds, according to one of the indictments. Several Proud Boys also entered the Capitol itself after the mob smashed windows and forced open doors, the indictment says.
Since Jan. 6, 2021, more than 775 people have been arrested in nearly all 50 states for crimes related to the breach of the U.S. Capitol, officials said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/08/proud-boys-member-pleads-guilty-conspiracy-jan-6-riot/ | 2022-04-08T17:43:02Z |
Off a second Super Bowl victory, Von Miller hosts his 6th Annual Pash Rush Summit presented by VirtualStaX
LAS VEGAS, June 6, 2022 /PRNewswire/ -- New Buffalo Bill and pass rush specialist Von Miller hosted his 6th Annual Von Miller Pash Rush Summit presented by VirtualStaX June 3-4 at the M Resort Spa Casino over the weekend. The latest edition of the annual symposium comes off the NFL All-Pro linebacker's victory in Super Bowl LVI with the Los Angeles Rams and continues his ongoing mission to share key techniques among the league's pass rushers while simultaneously fostering a sense of brotherhood.
The summit provides a rare opportunity for both current and former NFL defensive players to unite in one comfortable environment where they can share their skills, knowledge and special techniques with each other. He was also joined by Chuck Smith (Chuck Smith Training Systems), NFL defensive legend DeMarcus Ware, and Diron Reynolds (Stanford University) who together led the event.
"It's not the Von Miller coaching clinic. I'm learning stuff from all the guys too. This is a way for me to give back to the game that has given so much to me," says Von Miller, 2x Super Bowl Champion and founder of the Von Miller Pash Rush Summit.
The Von Miller Pash Rush Summit has brought out the stars for over half a decade. The 2022 summit was no different, featuring over 20 NFL defensive stars who descended on Las Vegas for the weekend event. Attendees included players such as Cam Jordan (Saints), Justin Houston (Ravens), George Karlaftis (Chiefs), Calais Campbell (Ravens), Dee Ford (49ers), Maxx Crosby and Chandler Jones (Raiders), and Miller's new Bills teammates Boogie Basham, AJ Epenesa, and Greg Rousseau. In addition, over 500 other players and coaches attended the live virtual film session. The summit was much more than just a skills clinic: prior to and following on-field training and film sessions, attendees were able to relax and bond during a post-event reception at Lux rooftop and Vue patio at M Resort.
"Von's passion for 'linking and learning', legacy building, and mentoring rising talent through his annual Pass Rush Summit, resonated deeply with our mission. We were excited to support the Summit and embrace Von as a member of the VirtualStaX family."- Rudolf Markgraaff Founder, CEO of VirtualStaX.
"What I love about VirtualStaX is how it creates opportunities to share experiences and build legacies. VirtualStax is an engagement platform that will level the playing field and by doing so it will transform people's lives!" - Von Miller
After hosting the event for the second year, Hussain Mahrous, Vice President & General Manager of M Resort Spa Casino, commented: "We are a proud sponsor of the 6th Annual Von Miller Pass Rush Summit, with access to the players and their best practices- what a weekend! Looking forward to watching these guys play and the season to begin."
Photos available upon request.
The 2022 edition was made possible in part thanks to generous sponsors including:
- VirtualStaX
- M Resort Spa Casino
- Gregory & Appel Insurance
- Vault Aviation
- Pivot Culinary
Additional thanks to product sponsors: Therabody; OnCore; BodyArmor; Aloha; Suja; American Fitness; CHERRISH; Crazy Socks; Liquid Death; CrossFly; Celsius.
ABOUT VON MILLER: Miller is an all-pro linebacker for the Buffalo Bills and 2016 Super Bowl Champion and MVP. He won his second Super Bowl in 2022 with the Los Angeles Rams. Miller was drafted in the first round of the 2011 NFL Draft out of Texas A&M by the Broncos. He's a member of the 100 Sacks Club and his foundation, Von's Vision, has raised over $5 Million for children in need of eye care and eyewear.
ABOUT VIRTUALSTAX: VirtualStaX are blockchain-certificates in talented people that can be bought, owned, and traded by supporters and fans on a global exchange through the VirtualStaX App.
From rising stars to superstars, VirtualStaX provides the opportunity for anyone to create a new stream of income, fund their dreams and strengthen their following by allowing fans to share in their success.
VirtualStaX are available for talented people in all passions of life, Athletes, Musicians, Actors, Artists, Celebrities, Influencers and more.
Launching soon - Professionals and Amateurs can get in line to issue their VirtualStaX on virtualstax.com.
ABOUT M RESORT SPA CASINO: M Resort Spa Casino offers 390 guest rooms and suites, nine restaurants and bars, the Forbes Four-Star Spa Mio, and a modern fitness center. Located just off the strip, provides optimal views of the world-famous Las Vegas skyline. The Official Team Headquarters Hotel of the Las Vegas Raiders. M Resort is operated by Penn National Gaming, Inc.
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SOURCE Vanguard Sports Group | https://www.mysuncoast.com/prnewswire/2022/06/06/von-miller-pass-rush-summit-draws-top-nfl-players-elite-training-experience/ | 2022-06-06T20:17:48Z |
HOUSTON, April 1, 2022 /PRNewswire/ -- As part of its strategy to provide more comprehensive and robust content to serve the rapidly-changing energy industry, Hart Energy Media announces its acquisition of Houston-based Gotham Image Works, a leading video production and corporate event company. This acquisition is closely aligned with the April 8 launch of the Company's new HartEnergy.com website that will prominently feature video content on its homepage.
The acquisition of Gotham Image Works allows Hart Energy to materially expand its video news coverage, webinar, and podcast offerings to its audiences and advertising clients across Hart Energy's digital, event, and social media platforms. Video content has been an integral and growing part of Hart Energy's editorial coverage for years with video profiles of industry executives, analysis, and news.
David Skalsky, Gotham's founder and president, and his team joins the Hart Energy organization today, and the buildout of a state-of-the-art video production studio in Hart Energy's corporate office is currently underway.
Hart Energy CEO John Hartig said, "As the energy landscape undergoes significant transformation, the thirst for high-quality news and information has never been greater. We're expanding Hart Energy's video programming and production capabilities in response to our audiences and advertising clients who engage deeply in our rich media content. Gotham's contributions will become extremely valuable as we increase the breadth and immediacy of video coverage for breaking news, thought leadership, and subjects of interest across the energy industry."
David Skalsky added, "this next chapter for Gotham adds incredible scale for our long-term clients and positions the combined organization for accelerated growth."
About Hart Energy
Since 1973, Hart Energy has been the global energy industry's comprehensive and omni-channel source for news, data, and analysis. At Hart Energy, our mission is to create, aggregate, organize and analyze timely and targeted information across platforms in ways that business professionals and investors can trust for making energy-related decisions.
About Gotham Image Works
Gotham Image Works is a full-service video communications company, specializing in the production of video programming, graphics/animation, and the staging of corporate conferences and special events
Media Contact: John Hartig, CEO
Jhartig@hartenergy.com
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SOURCE Hart Energy | https://www.mysuncoast.com/prnewswire/2022/04/01/hart-energy-media-acquires-gotham-image-works-adds-capabilities-video-digital-media/ | 2022-04-01T22:08:08Z |
SAN JOSE, Costa Rica (AP) — A ransomware gang that infiltrated some Costa Rican government computer systems has upped its threat, saying its goal is now to overthrow the government.
Perhaps seizing on the fact that President Rodrigo Chaves had only been in office for a week, the Russian-speaking Conti gang tried to increase the pressure to pay a ransom by raising its demand to $20 million.
Chaves suggested Monday in a news conference that the attack was coming from inside as well as outside Costa Rica.
“We are at war and that’s not an exaggeration,” Chaves said. He said officials were battling a national terrorist group that had collaborators inside Costa Rica.
Chaves also said the impact was broader than previously known, with 27 government institutions, including municipalities and state-run utilities, affected. He blamed his predecessor Carlos Alvarado for not investing in cybersecurity and for not more aggressively dealing with the attacks in the waning days of his government.
In a message Monday, Conti warned that it was working with people inside the government.
“We have our insiders in your government,” the group said. “We are also working on gaining access to your other systems, you have no other options but to pay us. We know that you have hired a data recovery specialist, don’t try to find workarounds.”
Despite Conti’s threat, experts see regime change as a highly unlikely — or even the real goal.
“We haven’t seen anything even close to this before and it’s quite a unique situation,” said Brett Callow, a ransomware analyst at Emsisoft. “The threat to overthrow the government is simply them making noise and not to be taken too seriously, I wouldn’t say.
“However, the threat that they could cause more disruption than they already have is potentially real and that there is no way of knowing how many other government departments they may have compromised but not yet encrypted.”
Conti attacked Costa Rica in April, accessing multiple critical systems in the Finance Ministry, including customs and tax collection. Other government systems were also affected and a month later not all are fully functioning.
Chaves declared a state of emergency over the attack as soon as he was sworn in last week. The U.S. State Department offered a $10 million reward for information leading to the identification or location of Conti leaders.
Conti responded by writing, “We are determined to overthrow the government by means of a cyber attack, we have already shown you all the strength and power, you have introduced an emergency.”
The gang also said it was raising the ransom demand to $20 million. It called on Costa Ricans to pressure their government to pay.
The attack has encrypted government data and the gang said Saturday that if the ransom wasn’t paid in one week, it would delete the decryption keys.
The U.S. State Department statement last week said the Conti group had been responsible for hundreds of ransomware incidents during the past two years.
“The FBI estimates that as of January 2022, there had been over 1,000 victims of attacks associated with Conti ransomware with victim payouts exceeding $150,000,000, making the Conti Ransomware variant the costliest strain of ransomware ever documented,” the statement said.
While the attack is adding unwanted stress to Chaves’ early days in office, it’s unlikely there was anything but a monetary motivation for the gang.
“I believe this is simply a for-profit cyber attack,” Callow, the analyst said. “Nothing more.”
__
Associated Press writer Christopher Sherman in Mexico City contributed to this report. | https://cw33.com/technology/ap-technology/ransomware-gang-threatens-to-overthrow-costa-rica-government/ | 2022-05-17T14:36:07Z |
DENVER, April 8, 2022 /PRNewswire/ -- Morris Animal Foundation is proud to be recognized by The NonProfit Times as one of the top 50 Best Nonprofits To Work For 2022. The Foundation, which works with researchers from around the world to advance animal health, ranked 17th among medium-sized nonprofits. The award, designed to identify and recognize the best employers in the nonprofit industry, is the second in as many years for the Foundation.
"We are honored to be recognized by The NonProfit Times as a Best Nonprofits To Work For 2022, particularly given the ongoing challenges of the COVID-19 pandemic in workplaces globally," said Tiffany Grunert, Morris Animal Foundation President and CEO. "Year two of primarily remote work came with its own set of unique challenges for us, but I am so proud of how our leadership team, staff members and Board of Trustees were able to adapt and thrive.
"Our mission as a foundation has always been to advance the health and well-being of animals around the world and it's our incredible staff members who make it all possible."
As the pandemic stretched into year two, Morris Animal Foundation continued to practice its safety-first approach and maintain its work-from-home policy. Having a year of remote experience helped the Foundation refine its approach which included new virtual activities to help employees stay connected, expanded benefits, more investment in virtual infrastructure, expanded cybersecurity efforts and other enhancements.
Today, the Foundation continues to focus on investing in its mission and its people by supporting the well-being of all staff members and nurturing a thriving, inclusive culture grounded in the Foundation's core values of excellence, respect, compassion, collaboration, innovation and determination.
The Best Nonprofits To Work For survey and awards process is conducted by Best Companies Group. Winners are announced and published in The NonProfit Times, the leading national business publication for nonprofit managers.
Nonprofits from across the country compete for the prestigious honor by entering a two-part survey process. Part one consists of an evaluation of the organization's workplace policies, practices, philosophies, systems and demographics. The second part of the survey process measures employee satisfaction. When combined, the scores determine which organizations make the list of top 50 nonprofits in the country.
About Morris Animal Foundation
Morris Animal Foundation's mission is to bridge science and resources to advance the health of animals. Headquartered in Denver, and founded in 1948, it is one of the largest nonprofit animal health research organizations in the world, funding more than $142 million in critical studies across a broad range of species. Learn more at morrisanimalfoundation.org.
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SOURCE Morris Animal Foundation | https://www.wibw.com/prnewswire/2022/04/08/morris-animal-foundation-named-one-top-50-best-nonprofits-work-2022-by-nonprofit-times/ | 2022-04-08T19:07:58Z |
GENEVA, May 27, 2022 /PRNewswire/ -- A bondholder led organizational effort has been initiated for holders of the two series of Province of Buenos Aires (the "Province") bonds that did not reach the collective action thresholds (the "PBA Excluded Series") in the wider August 2021 exchange transaction.
The PBA Excluded Series include both the (i) 10.875% USD 2021 Bonds (Reg S XS0584493349/ 144 A XS0584497175), and the (ii) Euro 2020 Bonds (Reg S XS0234085461/ 144 A XS0234085891).
Organizational efforts have the primary objective of facilitating communication among creditors of the PBA Excluded Series and to pursue any appropriate legal or settlement actions with the issuer, as appropriate.
Other holders of PBA Excluded Series bonds who wish to learn more are encouraged to contact:
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SOURCE Holders of PBA Excluded Series Bonds | https://www.wibw.com/prnewswire/2022/05/27/province-buenos-aires-holders-organize-around-excluded-series/ | 2022-05-27T16:12:02Z |
STOCKHOLM, Aug. 3, 2022 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release the financial results for the second quarter 2022 on Thursday August 11, 2022.
The Company will host a conference call Thursday August 11, 2022, at 10AM Eastern Standard Time (EST)/4PM Central European Time (CET) featuring remarks by, and Q&A with, Urban Forssell, CEO, and Fredrik Nihlén, CFO.
To join the conference call, please use the following link: www.redeye.se/events/840076/live-q-neononde or call the dial-in number: +46 8 400 123 24 (international).
For interested individuals unable to join the live event, a digital recording for replay will be available on www.redeye.se.
For more information, please contact:
CONTACT:
Director Marketing
Alana Gordon
E-mail: alana.gordon@neonode.com
Phone: +46 73 682 60 10
Investor Relations
Fredrik Nihlén
E-mail: fredrik.nihlen@neonode.com
Phone: +46 703 97 21 09
About Neonode
Neonode Inc. (NASDAQ:NEON) is a publicly traded company, headquartered in Stockholm, Sweden and established in 2001. The company provides advanced optical sensing solutions for contactless touch, touch, gesture control, and in-cabin monitoring. Building on experience acquired during years of advanced R&D and technology licensing, Neonode's technology is currently deployed in more than 80 million products and the company holds more than 100 patents worldwide. Neonode's customer base includes some of the world's best-known Fortune 500 companies in the consumer electronics, office equipment, automotive, elevator, and self-service kiosk markets.
NEONODE and the NEONODE logo are trademarks of Neonode Inc. registered in the United States and other countries.
For further information, please, visit www.neonode.com
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Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements relating to expectations, future performance or future events. These statements are based on current assumptions, expectations and information available to Neonode management and involve a number of known and unknown risks, uncertainties and other factors that may cause Neonode's actual results, levels of activity, performance or achievements to be materially different from any expressed or implied by these forward-looking statements.
These risks, uncertainties, and factors are discussed under "Risk Factors" and elsewhere in Neonode's public filings with the SEC from time to time, including Neonode's annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. You are advised to carefully consider these various risks, uncertainties and other factors. Although Neonode management believes that the forward-looking statements contained in this press release are reasonable, it can give no assurance that its expectations will be fulfilled. Forward-looking statements are made as of today's date, and Neonode undertakes no duty to update or revise them.
This information was brought to you by Cision http://news.cision.com
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SOURCE Neonode | https://www.kxii.com/prnewswire/2022/08/03/neonode-report-second-quarter-2022-results-august-11-2022/ | 2022-08-03T13:47:19Z |
-- Findings related to the human genome key to future diabetes research --
PHILADELPHIA, Sept. 6, 2022 /PRNewswire/ -- Researchers from Children's Hospital of Philadelphia (CHOP) used advanced three-dimensional mapping techniques at a microscopic level to identify a multitude of genetic variants and corresponding target gene pairings in the pancreas that are implicated in type 2 diabetes. In addition to these discoveries, the resulting datasets will serve as a key resource for researchers all over the world to delve deeper into the genetic origins of type 2 diabetes and further explore the roles of different types of cells in the development of the disease.
The findings were published today in the journal Cell Metabolism.
Type 2 diabetes cases are on the rise and being diagnosed in patients earlier in life than what has been historically observed. However, while many cases can be attributed to a rise in obesity and sedentary lifestyle, increasing evidence suggests a strong role that genetic risk factors play in this relatively common disease. Prior genome-wide association studies (GWAS) have identified hundreds of genetic variants associated with an increased risk of developing type 2 diabetes.
One of the challenges for researching genetic variants is to envision chromosomes functioning while packed densely within microscopic cells. If the DNA from one cell was stretched out end-to-end, it would measure more than six feet long. Protein complexes called chromatin act to fold chromosomes and compact them into each cell. Therefore, genes and variants that appear distant and unrelated in a one-dimensional map of the genome sequence can be closely associated in 3D in a cell, helping to explain the root of how genetic diseases are caused.
"If you do not have an accurate map of how genes are folded together in a cell, you're essentially guessing the role that these genetic variants play," said one of the study's senior authors Andrew D. Wells, PhD, an Associate Professor of Pathology and Laboratory Medicine and Director of the Spatial and Functional Genomics Collaborative at CHOP. "In this study, we applied three-dimensional mapping techniques to chromosomes of highly relevant cell types, which allowed us to identify a series of genes that have never been implicated before in type 2 diabetes."
In this study, researchers created three-dimensional epigenomic profiles of purified acinar, alpha and beta cells in the human pancreas using a variety of techniques that examined each of them at the single-cell level. When comparing these profiles, the researchers found differences in how chromatin was compartmentalized, how the chromatin was looped, and how genes were being regulated and transcribed. As a result, the study team identified a series of causal variants and target gene pairs at 194 different type 2 diabetes signals using the three-dimensional chromatin maps. Additionally, the study revealed that alpha and acinar cells likely play a greater role in the development of type 2 diabetes than previously thought.
One of the limitations of the paper is that these newly implicated gene variant pairings were not fully validated in functional follow up studies. However, the goal of this paper was to provide critical information so that different labs could further explore and validate these discoveries.
"Prior studies appear to support many of the findings we made in the process of this work, and with additional validation and imaging tools, more aggressive drivers of type 2 diabetes pathogenesis at a genetic level can be isolated," said one of the study's senior authors Struan F.A. Grant, PhD, the other Director of the Center for Spatial and Functional Genomics and the Daniel B. Burke Endowed Chair for Diabetes Research at CHOP. "We believe the findings of this study will serve as a crucial resource for the diabetes research community."
This work was supported by National Institutes of Health (NIH) grants 5U01-DK123594 and 5UM-1DK126194. The other senior author was Klaus Kaestner from the Department of Genetics at the University of Pennsylvania.
Su et al, "3D chromatin maps of the human pancreas reveal lineage-specific regulatory architecture of T2D risk." Cell Metab. Published online 2022 September 6. DOI: 10.1016/j.cmet.2022.08.014.
About Children's Hospital of Philadelphia: A non-profit, charitable organization, Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals, and pioneering major research initiatives, the 595-bed hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country. The institution has a well-established history of providing advanced pediatric care close to home through its CHOP Care Network, which includes more than 50 primary care practices, specialty care and surgical centers, urgent care centers, and community hospital alliances throughout Pennsylvania and New Jersey, as well as a new inpatient hospital with a dedicated pediatric emergency department in King of Prussia. In addition, its unique family-centered care and public service programs have brought Children's Hospital of Philadelphia recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.edu.
Contact: Ben Leach
Children's Hospital of Philadelphia
(609) 634-7906
Leachb@email.chop.edu
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SOURCE Children's Hospital of Philadelphia | https://www.mysuncoast.com/prnewswire/2022/09/06/chop-researchers-implicate-multiple-causal-genes-that-drive-type-2-diabetes-risk/ | 2022-09-06T22:07:10Z |
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