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Intercell Connect Boards, Battery Disconnect Units Enhance EV Performance
SOUTHFIELD, Mich., Sept. 14, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, announced it has been selected by General Motors Co. to supply key electrification technologies for the automaker's Ultium global electric vehicle platform.
"We are honored to have been selected to provide technologies to support GM's vision for a zero-emissions future," said Ray Scott, Lear's President and Chief Executive Officer. "Lear's unique electrification engineering knowledge and molding and precision stamping capabilities, combined with our strategically located manufacturing facilities, perfectly positioned Lear to win this new business, which includes the largest award to date for our Connection Systems business."
The technologies Lear will provide include:
- Battery Disconnect Units (BDU) - BDUs are the primary interface between the battery pack and the vehicle's electrical system. Lear's patent-holding and PACE Award-winning BDU has first-to-market thermal management innovations that enable vehicles to charge faster and drive farther.
- Intercell Connect Boards (ICB)- ICBs are the electrical and mechanical frames that hold together multiple individual battery cells to form an integrated battery module.
- Wire Harnesses – Wire harnesses provide electric voltage and distribute power safely and efficiently throughout the vehicle.
Lear's decades of experience with electric vehicle architectures, precision metal stampings, and connection systems, along with the overmolding capabilities obtained through the 2021 acquisition of M&N Plastics, provide the expertise required to engineer and produce complex parts for the Ultium program.
Scott continued, "This award is a reflection of our focus on, and commitment to, using Lear's full range of in-house capabilities to develop cutting-edge innovations to meet our customers' needs."
About Lear Corporation
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 186 on the Fortune 500. Further information about Lear is available at lear.com or on Twitter @LearCorporation.
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SOURCE Lear Corporation | https://www.kxii.com/prnewswire/2022/09/14/lear-supply-electrification-technologies-gms-ultium-battery-platform/ | 2022-09-14T16:06:29Z |
LONDON (AP) — Britain’s governing Conservative Party said Wednesday that it has delayed sending out ballots for the party’s leadership election after a warning from the U.K. intelligence services about the risk of fraud.
Ballots had been due to be mailed out early this week to about 180,000 party members, who are selecting a new leader for the party and the country.
The party said it decided to “enhance security” on the advice of the National Cyber Security Centre, part of U.K. electronic spy agency GCHQ.
The party had intended to allow members to vote online or by postal ballot, with an option to change the vote up until voting closes on Sept. 2. It now says each member will get a unique code that allows one, unchangeable vote, either online or by post.
It said members should receive their ballot packs by Aug. 11.
The National Cyber Security Centre said it had “provided advice to the Conservative Party on security considerations for online leadership voting,” but did not give details of the advice. The Daily Telegraph newspaper reported that the changes were made in response to concerns about the vulnerability of the voting process to hackers, rather than because of a specific threat from a group or state.
Tory members are choosing between Foreign Secretary Liz Truss and former Treasury chief Rishi Sunak to replace Prime Minister Boris Johnson, who resigned as party leader in July after months of ethics scandals.
The winner will be announced Sept. 5 and will automatically become prime minister. The new leader won’t have to face voters until the next general election, due to be held by 2024.
Supporters of Sunak hope the delay will give him time to close the gap on front-runner Truss, who leads in polls of party members and had gained backing from several high-profile Cabinet ministers.
Sunak is running as an experienced minster who can guide the country through the economic turbulence caused by the pandemic and the war in Ukraine. He accuses Truss of peddling “fairy tales” with her promise to slash taxes within weeks of taking office. Sunak argues it is vital to get inflation under control first
But he is facing a backlash from some Conservatives for resigning from Johnson’s Cabinet last month as the government floundered amid ethics scandals. More than 50 government ministers went on to quit, leaving Johnson no choice but to resign.
___
Follow all AP stories on British politics at https://apnews.com/hub/boris-johnson. | https://cw33.com/news/international/ap-international/uk-leadership-election-rules-changed-over-security-fears/ | 2022-08-03T21:56:10Z |
NEW YORK, July 5, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sanofi SA ("Sanofi" or the "Company") (NASDAQ: SNY). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Sanofi and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On June 30, 2022, Sanofi announced that "[t]he U.S. Food and Drug Administration (FDA) has placed Phase 3 studies of tolebrutinib in multiple sclerosis (MS) and myasthenia gravis on partial clinical hold. As a result, new enrollment in the United States (U.S.) is paused, and participants in the U.S. who have been in the trial for fewer than 60 days shall suspend study drug." Sanofi stated that "[t]he FDA action was based on a limited number of cases of drug-induced liver injury that have been identified with tolebrutinib exposure in Phase 3 studies."
On this news, Sanofi's stock price fell $2.64 per share, or 5.01%, to close at $50.03 per share on June 30, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/07/06/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-sanofi-sny/ | 2022-07-06T04:21:03Z |
Smart Meter's iBloodPressure Can Help Reduce the More than 795,000 Americans that Suffer from Strokes Each Year by Tracking Measurements in Real Time
TAMPA, Fla., May 16, 2022 /PRNewswire/ -- Smart Meter, continues to lead the way in the remote patient monitoring (RPM) sector because of its superior cellular-enabled devices and robust data. During Stroke Awareness Month, Smart Meter wants to remind patients and providers that high blood pressure, which can lead to strokes, can be controlled, but it must be measured on a regular basis in order to spot trends and make diet and lifestyle adjustments.
According to the American Stroke Association1, nearly half of American adults have high blood pressure or hypertension (measurements higher than 120/80), but many don't even know it and that is why it is called the "silent killer." Actually, the risk of stroke increases at blood pressure levels above 115/75 mm Hg, and high blood pressure (BP) is the most important modifiable risk factor for stroke, associated with 54% of episodes of stroke worldwide2.
In a recent article from the Mayo Clinic, its staff advised that "home monitoring can help you keep tabs on your blood pressure, make certain your lifestyle changes are working, and alert you and your doctor to potential health complications. Talk to your doctor about home monitoring before you get started."3
Providing at-risk patients with an easy way to measure their blood pressure at home is the key to developing a habit of testing. Smart Meter can provide the technology needed to help improve outcomes.
"With Smart Meter's reliable and easy-to-use iBloodPressure® monitor, patients are more likely to test frequently, giving their healthcare professional real-time insight into current blood pressure readings, said Casey Pittock, Smart Meter's CEO. "We have seen firsthand the positive impact on patient outcomes when our cellular-enabled iBloodPressure monitor is used in a remote patient monitoring (RPM) program."
The iBloodPressure is one of Smart Meter's most popular devices because it features a 4/5G cellular connectivity via the secure and reliable AT&T IoT network. Once the patient has tested using the iBloodPressure system, the results are transmitted immediately to a provider, with no syncing or pairing required by the patient.
About Smart Meter, LLC
Now serving more than 100,000 patients, Smart Meter is the leading supplier of cellular-enabled virtual care technologies that include the iGlucose®, iBloodPressure®, iPulseOx®, iScale®, and SmartRPM™ cloud platform, as well as data, and services. Smart Meter's remote patient monitoring solutions are recognized as the standard for the RPM industry and are regarded for their high patient retention and satisfaction. The unique combination of reliable health data, patient-friendly devices, and platform integrations enable and enhance RPM, CCM, Employee Wellness, Population Health, and Telehealth programs for more than 300 RPM distribution partners across the United States. For more information, visit SmartMeterRPM.com
1High Blood Pressure and Stroke | American Stroke Association
2Blood Pressure Control and Primary Prevention of Stroke: Summary of the Recent Clinical Trial Data and Meta-Analyses - PMC (nih.gov)
310 ways to control high blood pressure without medication - Mayo Clinic
Smart Meter, LLC
201 E. Kennedy Blvd., Suite 880
Tampa, FL 33602
813-773-4080
Media Contact
Keith Tolbert
keith.tolbert@iglucose.com
336-509-8024
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SOURCE Smart Meter, LLC | https://www.mysuncoast.com/prnewswire/2022/05/16/with-high-blood-pressure-being-no-1-controllable-risk-factor-stroke-smart-meter-can-help-patients-during-stroke-awareness-month/ | 2022-05-16T15:53:29Z |
OneSignal enables customers to personalize omnichannel customer messaging at scale
SAN MATEO, Calif., Sept. 13, 2022 /PRNewswire/ -- OneSignal, one of the most widely used customer messaging and engagement solutions, today announced its availability on Google Cloud Marketplace, offering more customers the ability to personalize customer engagement at scale. OneSignal users will now be able to streamline the procurement and deployment process, increase customer retention, and create more powerful mobile applications on Google Cloud.
"We've been highly impressed with the quality of the Google Cloud ecosystem and the support they offer to their partners. We're excited for this partnership to better support our mutual customers and grow awareness of OneSignal within the Google Cloud community," said George Deglin, CEO and Co-Founder of OneSignal.
As a Google Cloud partner, OneSignal offers gaming and media customers the ability to scale personalized customer engagement in a Google Cloud native environment. Key features include:
- Easy implementation and seamless connection to Google Cloud services
- Improved user journeys driving increased in-app purchases
- Secure, fast, and scalable message delivery across multiple channels
- Robust SDKs and APIs to leverage real-time user behavior for personalization without additional engineering work or app store updates
"Game and media companies are increasingly seeking out solutions that allow them to enhance the end-user experience with technologies compatible with their own cloud environment," said Kip Schauer, Global Head of Media and Entertainment Partnerships, Google Cloud. "By making its solution available on Google Cloud Marketplace, OneSignal is demonstrating its commitment to helping Google Cloud customers drive enhanced customer experiences with easy-to-implement cloud technology."
To learn more about OneSignal's role as a Google Cloud Partner, please visit https://onesignal.com/integrations/google-cloud-platform.
OneSignal is the market-leading customer engagement solution, powering customer journeys across mobile and web push notifications, in-app messaging, SMS, and email. The powerful and easy-to-use omnichannel platform enables over a million businesses to deliver 10 billion messages daily. OneSignal supports 500,000 mobile applications — nearly 15% of all apps — enabling companies in 140 countries, including Zynga, USA Today, Bitcoin.com, Sweetgreen, Upwork, Tribune, and more. OneSignal was founded in 2014 as a mobile app development company by Y Combinator alums George Deglin and Long Vo and is venture-backed by SignalFire, Rakuten Ventures, Y Combinator, Hubspot, and BAM Elevate. The company is based in San Mateo, California, with offices in London and Singapore.
Dex Polizzi
Lumina Communications
Onesignal@luminapr.com
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SOURCE OneSignal | https://www.wibw.com/prnewswire/2022/09/13/onesignal-launches-google-cloud-marketplace/ | 2022-09-13T13:10:02Z |
61 shots fired on street, surveillance video released
By WPVI Digital Staff
Click here for updates on this story
PHILADELPHIA (WPVI) — Philadelphia police have released surveillance video of a shooting incident where 61 shots were fired.
It happened shortly after 7 a.m. on March 18 on the 2500 block of South Shields Street in Southwest Philadelphia.
Police say no one was injured, but several parked, unattended vehicles were damaged by the gunfire.
Authorities on Wednesday released doorbell video that captured the shooting. The sounds of gunfire can be heard in the video.
According to police, three male suspects are seen running southbound down the block firing at a fourth male.
The suspects get into a newer model Toyota Prius and flee the scene.
Anyone with information is asked to call Southwest Detective Division at 215-686-3183/3184.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/06/61-shots-fired-on-street-surveillance-video-released/ | 2022-04-06T22:39:06Z |
French bulldog gives rare birth to 13 puppies
MORNING VIEW, Ky. (WXIX/Gray News) – A French bulldog in Northern Kentucky achieved something incredibly rare – giving birth to 13 puppies.
According to the website French Bulldog Owner, the average French bulldog will have around three puppies in a litter. Having seven puppies is rare, the website claims.
The dog’s owner, Jamie Walker, was expecting her dog to go into labor and noticed she was larger than most pregnant dogs.
“We went to the vet, and he said, ‘She might have six or seven [puppies],’ and he came back out with a basket behind me full of 13 puppies,” Walker told WXIX. “And that’s just unheard of.”
Walker is now wondering if his French bulldog is a record-setter.
Regardless, the mother and her puppies are healthy. The pups will be adopted to new homes when they are ready.
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/15/french-bulldog-gives-rare-birth-13-puppies/ | 2022-09-15T18:09:55Z |
ATLANTA – Gov. Brian Kemp announced that lithium-ion battery recycler and raw materials provider SungEel Recycling Park Georgia LLC. will locate its first U.S. recycling facility in Georgia. A subsidiary of the Korea-based global industry leader SungEel HiTech Co. Ltd., the company will invest more than $37 million in the new facility and create 104 jobs in Stephens County.
"Georgia recently announced record-breaking numbers for Fiscal Year 2022, and companies like SungEel are evidence that the rapidly growing electric mobility ecosystem continues to generate new jobs for hard-working Georgians across the state," Kemp said in a news release. "Korea has been a key partner in Georgia’s growing sustainable technology industry, and I’m excited that SungEel chose the Peach State for their first U.S. facility. Welcome to Georgia."
With more than 10 years of patented technology, SungEel specializes in complete recycling technology using a 100% full circulatory system. This system, which recycles end-of-life batteries and battery manufacturing scrap, has a metal recovery rate of more than 95%. Recovered metals include nickel, cobalt and lithium.
"SungEel HiTech's entry into Georgia is the last piece of the puzzle to build a sustainable ecosystem of Georgia’s electric vehicle supply chain," Suk Jae Yim, a representative of SungEel Recycling Park Georgia, said. "SungEel Recycling Park Georgia will conduct its full responsibility to build a U.S. eco-friendly industrial ecosystem in line with the expectations of the state of Georgia and Stephens County."
SungEel Recycling Park Georgia’s new facility will be located at the Hayestone Brady Business Park, a Georgia Ready for Accelerated Development-certified site, in Toccoa. The GRAD Program is a proactive effort by Georgia’s economic development community to develop a portfolio of available sites ready for fast-track development. Operations are expected to begin in early 2024. Over the next few years, the company will hire technicians, operators, administrators and sales personnel. Those interested in learning more about SungEel should visit www.sungeelht.com/en or contact info@sungeel.com.
"It has been a pleasure working with SungEel HiTech over the past eight months and learning more about the company and its processes; this is an exciting time for Toccoa-Stephens County and a solid boost for our local job market," Brian Akin, chairman of the Stephens County Development Authority, said. "The investments that we have made in infrastructure, work force development, and education were all significant factors in the selection process, and we couldn’t be any happier with their decision to expand here. We are looking forward to working alongside them for years to come."
Director of Korean Investment Yoonie Kim represented the Georgia Department of Economic Development on this competitive project in partnership with the Stephens County Development Authority and Georgia EMC.
"SungEel is a company at the cutting edge of sustainable technology, and we believe SungEel’s proximity to other members of Georgia’s electric mobility ecosystem will lead to amazing success," GDEcD Commissioner Pat Wilson said while meeting with SungEel in Korea this week. "Creating the jobs of the future and protecting the opportunities of today means preparing key industries, such as the auto industry, for the next technological revolution. We are grateful to our partners in Stephens County for their investment in speed-to-market solutions like site preparation, and we are excited to welcome SungEel to Georgia."
Georgia’s prime location, extensive infrastructure, skilled work force, and business-friendly climate has made it an attractive location for a diverse array of rapidly developing industries focused on creating a sustainable future. Georgia is cultivating a vertically integrated supply chain that will help companies increase efficiencies by reducing the reliance on imported materials. EV-related projects have contributed more than $13 billion in investments and more than 18,100 new jobs to Georgia since 2020.
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NEW YORK, April 23, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Synopsys, Inc. ("Synopsys" or the "Company") (NASDAQ: SNPS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Synopsys and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On April 13, 2022, Bloomberg published an article reporting that Synopsys "is under investigation by the U.S. Department of Commerce for possibly passing key technology to banned Chinese companies". Citing "people familiar with the matter", the article reported that "[i]nvestigators are looking into allegations that Synopsys, working with affiliates in China, provided chip designs and software to Huawei Technologies Co.'s HiSilicon unit for manufacture at Semiconductor Manufacturing International Corp." As the article noted, "U.S. companies are barred from selling some types of technology to Huawei and SMIC because they've been designated as threats to national security by the Commerce Department's Bureau of Industry and Security." On this news, Synopsys's stock price fell sharply over the following two trading sessions.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/04/23/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-synopsys-inc-snps/ | 2022-04-23T23:51:53Z |
New study shows participants are staying the course and eager to get better educated about retirement savings amid rising inflation and heightened market volatility
BALTIMORE, Sept. 15, 2022 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, has published a report detailing plan sponsors' and participants' reactions to increased inflation and market volatility in the first two quarters of 2022. The report examines retirement behavioral trends and correlations between the challenging economy and job tenure with rates of savings for retirement.
Despite increased inflation and market volatility in the first half of 2022, participants have not changed their loan, distribution, or withdrawal behavior significantly. Participants who invested fully in target date products continued to exchange between investment choices at lower rates than plan participants at large.
The research also saw that while distribution rates have normalized since the height of the pandemic, financial hardship withdrawals increased slightly in the first half of 2022 compared to the previous two years. This is largely due to the fact that special COVID-related distributions are no longer available.
The report also found that participants consumed a greater amount of digital retirement planning and savings content during the second quarter of 2022, specifically around financial wellness. These popular programs focused on budgeting, retirement readiness, and maximizing 401(k) plans.
Key Highlights:
- Participants have not changed their loan, distribution, or withdrawal behavior significantly, despite increased inflation and market volatility
- More than 99% of participants who invested fully in a target date product did not make an exchange
- Participants accessed three times more retirement planning and savings content than in the same period last year
- Longer-tenured employees' average deferral rate is 48% higher than the average for new hires
- Hiring and termination rates reached five-year highs in the first half of 2022
"While we are seeing difficult economic conditions, we are encouraged to see participants continuing to maintain savings levels and take advantage of retirement education," said Rachel Weker, senior retirement strategist for Retirement Plan Services at T. Rowe Price. "For those participants who consume additional education, we are seeing overall fewer distributions as they continue to stay the course."
To view a copy of the report highlights, click here.
About the REPORT
The Q2 Reactions Report was published by T. Rowe Price Retirement Plan Services, Inc. This report is part of an ongoing series of topical insights derived from analyzing our full-service universe of retirement plans, which includes more than 2 million participants. Prior reports analyzed retirement savings behaviors in the early stages of the COVID-19 pandemic, as a result of CARES Act provisions, and in reaction to Russia's invasion of Ukraine.
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price (NASDAQ-GS: TROW), is a global investment management organization with $1.34 trillion in assets under management as of August 31, 2022. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The organization also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research. For more information, visit troweprice.com, Twitter, YouTube, LinkedIn, or Facebook.
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SOURCE T. Rowe Price Group, Inc. | https://www.kxii.com/prnewswire/2022/09/15/t-rowe-price-publishes-report-featuring-401k-plan-sponsor-participant-behavior-first-half-2022/ | 2022-09-15T15:02:32Z |
NEW YORK (AP) — Stocks fell in morning trading on Wall Street Friday, continuing a dismal streak as markets worry about high inflation and the possibility that higher interest rates could bring on a recession.
The S&P 500 fell 0.4% as of 10:23 a.m. Eastern. The Dow Jones Industrial Average fell 160 points, or 0.5%, to 30,614 and the Nasdaq fell 0.2%.
The market is mired in a deep slump. The S&P 500 on Thursday closed out its worst quarter since the onset of the pandemic in early 2020 and its performance in the first half of 2022 was the worst since the first six months of 1970.
The benchmark index has been in a bear market since last month, meaning an extended decline of 20% or more from its most recent peak. It’s now down 21% from the peak it set at the beginning of this year.
The latest slip precedes a long holiday weekend. Financial markets in the U.S. will be closed on Monday for Independence Day.
Bond yields fell significantly. The yield on the 10-year Treasury, which helps set mortgage rates, fell to 2.84% from 2.97% last Thursday. The yield on the 2-year Treasury slipped to 2.80% from 2.92%.
Wall Street remains concerned about the risk of a recession as economic growth slows and the Federal Reserve aggressively hikes interest rates. The Fed is raising rates to purposefully slow economic growth to help cool inflation, but could potentially go too far and bring on a recession.
Economic data over the last few weeks has shown that inflation remains hot and the economy is slowing. The latter has raised hopes on Wall Street that the Fed will eventually ease off its aggressive push to raise rates, which have been weighing on stocks, especially pricier sectors like technology. Analysts don’t expect much of a rally for stocks until there are solid signs that inflation is cooling.
The latest economic update on Friday for the manufacturing sector shows a continued slowdown in growth in June that was sharper than economists expected. On Thursday, a report showed that a measure of inflation that is closely tracked by the Fed rose 6.3% in May from a year earlier, unchanged from its level in April.
Earlier this week, a worrisome report showed that consumer confidence slipped to its lowest level in 16 months. The government has also reported that the U.S. economy shrank at an annual rate of 1.6% in the first quarter and weak consumer spending was a key part of that contraction.
Energy and technology stocks were among the big losers on Friday. Hess fell 2.4% and chipmaker Micron shed 5.6% after giving investors a disappointing profit forecast.
Retailers and other companies that rely directly on consumer spending made solid gains. Amazon rose 1.3% and Starbucks rose 2.7%. | https://cw33.com/business/ap-business/asian-shares-mostly-lower-after-pessimistic-tankan-survey/ | 2022-07-01T15:04:08Z |
Gary Brown: Enjoying breakfast with the family
Here are a few things I recently learned from my loved one about preparing and enjoying breakfast for grandchildren who are visiting from afar:
• Preparing for an enjoyable breakfast with grandchildren must begin an hour before the day of the meal, at a time prior to the week before they actually eat, in reality sometime the year before their arrival, especially if preparing certain foods that the grandchildren really like (even though that list of preferred foods changes every month).
• Special foods served to grandchildren – and all foods served to grandchildren are special – must include all foods that are their favorites, a variety of foods that they might not prefer but at least have eaten at some point in their young lives, and a host of foods that grandma thinks they should have but the grandchildren will leave on their plates or throw on the floor without any hint of shame or embarassment.
• At least two of the foods served will need to be bought 10 to 15 minutes before the grandchildren arrive, during a last-minute rush trip to the grocery. This is why you generally see so many old guys wandering around the bakery aisle at 7:01 a.m. looking for boxes of obscure fruits or cherished brands of pancake mix.
Helping with the prep process
• The safest thing for a grandfather or significant grand-other to do to help during preparation of the breakfast, as my loved one explains it, is to "stay out of my area." Her area, by the way, includes not only the kitchen, but the dining room, nearby bathroom, large portions of the living room, and most of the bedroom if you stay under the covers looking disinterested. The wisest helpful move is to sit off to one side, within sight, appearing as though you are reading, but listening intently for the words that call you to action. "You know what you could do?" You won't know, but do it when told.
• At some point during the food preparation period – either be during "recipe testing" days before the actual breakfast or at some frantic point of last-minute worry – you might be told to try a certain food item to determine its worthiness, both in taste and texture, to be served to the grandchildren. Hope the phone rings at that moment. Otherwise, be positive and encouraging at all costs. Any negative reviews – "No, I don't think it's too dry; you got any juice?" – open you to the risk of needing to begin the preparation operation all over again, perhaps starting with another trip to the grocery.
• Under no circumstances try to be rational and calming by observing "What does it matter, they're only kids?" They are NOT only kids. They are the loved one's grandchildren. How many glares does it take to get that into a guy's head?
• You know what else you could do? Get the extra chairs from the loft. And there is a booster chair in the guest bedroom.
A few random lessons
• When the grandchildren arrive, they must eat immediately, even before the grandchildren's parents get offered coffee. There is a small window available before they lose interest and want to play with toys. Take advantage of it or you will be stuck with a stack of pancakes, a tower of waffles, a bunch of boxes of cereal, enough fruit for a community-sized salad and so many blueberry muffins that there soon will be a worldwide breakfast food shortage and hordes of grandchildren from throughout the world will begin showing up at your door asking if they can eat out of your freezer.
• After the grandchildren are finished eating, if you own a piano in the living room, there will be somewhat soothing after-breakfast music. And by that I mean loud and unrecognizable notes – the kind that are created by untrained fingers pounding on piano keys, no matter how many times you have tried to teach them to "just touch the keys softly." Be advised, however, that this is not a teaching moment. If there still is a family discussion taking place at the dining room table, just talk louder.
• If, after the music has faded, the grandchildren return to the table asking for more food, get them fresh food. Do not look at the food they left on their plates, or the food they spread around their section of the table, the food that dropped onto their chairs, or so much food that fell onto the floor that the neighbor's dog is scratching at the door. And – don't ask me how I know – stop yourself before joking about how "I think there's half an egg sandwich that rolled over toward the window ..."
• When the grandchildren leave to engage in some other activity away from your home, take a breath, smile, clean up, and then start preparing for the next breakfast with the grandchildren. These moments are to be savored. When it comes to grandchildren, they never can come again too soon or too often.
Reach Gary at gary.brown.rep@gmail.com. On Twitter: @gbrownREP. | https://www.cantonrep.com/story/lifestyle/2022/06/12/gary-brown-enjoying-breakfast-family/7554658001/ | 2022-06-12T10:58:17Z |
WASHINGTON (AP) — President Joe Biden’s administration is putting final touches on an agenda for next week’s Summit of the Americas in Los Angeles, but it’s still unclear if Mexican President Andrés Manuel López Obrador will attend.
His absence would be a setback for the United States, which is hosting the summit for the first time since 1994. Mexico is a top U.S. trading partner and Latin America’s second-most populous country.
López Obrador has said that he doesn’t want to go unless every country in the region is invited, but the U.S. has resisted inviting autocratic governments like Cuba, Nicaragua and Venezuela. He said Monday that Biden “has not been able to give us an answer, but there is time, and we trust him and we’re going to wait.”
“If all countries are invited, I am going to attend the summit,” López Obrador said. “If not all countries are invited, the government representative Foreign Affairs Secretary Marcelo Ebrard is going to attend.”
White House press secretary Karine Jean-Pierre said the final guest list was still being ironed out.
Senior administration officials, who declined to be identified while discussing planning for the summit, played down questions about whether López Obrador will be there. Although they insisted that the event, which is held every few years, is an important opportunity for national leaders to meet, they also said López Obrador’s attendance would not undermine U.S. efforts to tackle issues like migration.
The officials said the U.S. is planning an ambitious agenda, but shared few details. Vice President Kamala Harris will lead a new partnership focused on climate change in the Caribbean, the officials said, and the administration is preparing a new effort to bolster health care systems throughout the hemisphere. More conversations are planned on migration.
One question about the summit’s attendance appears to have been cleared up. Brazilian President Jair Bolsonaro has decided to go, according to three top officials from his government.
An ally of former President Donald Trump, the right-wing leader of Brazil has yet to meet one-on-one with Biden.
___
Associated Press writer Christopher Sherman in Mexico City contributed to this report. | https://cw33.com/news/politics/ap-politics/americas-summit-agenda-takes-shape-but-who-will-show-up/ | 2022-06-01T02:02:28Z |
GRAND RAPIDS, Mich., April 18, 2022 /PRNewswire/ -- The United Food and Commercial Workers (UFCW) Local 951 announced today that workers at Heritage Provisioning, a Battle Creek retail cannabis facility, became the first such group to authorize union representation in West Michigan.
"UFCW 951 is committed to raising the standards for all workers in this unique and rapidly developing industry," John Cakmakci, UFCW 951 president, said. "We celebrate with the workers today and look forward to bargaining a contract that will give them the guarantees and protections in the workplace they deserve, along with competitive wages and quality healthcare. I'm excited and hopeful this will serve as a pathway to expanding union coverage to include more workers in the cannabis industry."
Workers at the dispensary see UFCW 951 union representation as a step in the right direction when it comes to a lasting career in an industry known for high employee turnover. One hundred percent of the workers at the facility signed up to join the union and a committee will soon start to bargain their first contract.
"I'm really excited to be a part of something bigger than just myself," Riley Boles, a worker at Heritage Provisioning, said. "My dad is a union member and I'm proud to not only become one also, but to make history as the first UFCW 951 organized cannabis facility."
Heritage Provisioning is owned and operated by William McKenzie, CEO and co-founder of Left Coast Holdings, a company quickly expanding with multiple dispensaries throughout Michigan.
"We see our company values strongly aligned with those of the UFCW," McKenzie said. "It felt like a synergistic move to partner with the union; creating a platform where people can get a good paying job that turns into a career."
UFCW 951 is a progressive labor union representing over 28,000 workers across Michigan in a variety of industries including cannabis, grocery, retail, food processing and pharmacy, who are employed at a variety of companies including Meijer, Kroger, Rite Aid, JBS, JLL, Knouse Foods, Polly's and Harding's. There are over 1.3 million UFCW members nationwide.
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SOURCE UFCW 951 | https://www.wibw.com/prnewswire/2022/04/18/west-michigan-cannabis-workers-celebrate-420-by-saying-union-yes/ | 2022-04-18T18:27:34Z |
NEW ORLEANS, Sept. 9, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 17, 2022 to file lead plaintiff applications in a securities class action lawsuit against MINISO Group Holding Limited (NYSE: MNSO), if they purchased or acquired the Company's securities pursuant and/or traceable to the Company's October 2020 initial public offering (the "IPO"). This action is pending in the United States District Court for the Central District of California.
MINISO investors should visit us at https://claimsfiler.com/cases/nyse-mnso/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
MINISO and certain of its executives are charged with failing to disclose material information in its IPO Registration Statement, violating federal securities laws.
On July 26, 2022, market researcher Blue Orca Capital reported on a myriad of issues involving the China-based company, including that "there is overwhelming evidence that MINISO misleads the market about its core business" and that "Chinese corporate filings also indicate, in our view, that the chairman siphoned hundreds of millions from the public company through opaque Caribbean jurisdictions as the middleman in a crooked headquarters deal," among other things.
On this news, the price of MINISO's American Depositary Shares fell $1.08, or 14.98%, to close at $6.13, on unusually heavy trading volume.
The case is Ashraf v. MINISO Group Holding Limited, No. 22-cv-05815.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler | https://www.wibw.com/prnewswire/2022/09/10/miniso-group-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-miniso-group-holding-limited-mnso/ | 2022-09-10T04:19:35Z |
DALLAS (KDAF) — The National Weather Service center in Fort Worth reports rain chances are moving into North Texas over the Fourth of July weekend.
The center says, “Temperatures will be around to slightly above seasonal normals late this week into the 4th of July weekend. Highs in the 90s with lows mainly in the 70s can be expected. Daily rain and thunderstorm chances increase across the region during entering the weekend, with the best chances expected across East Texas.”
It’s forecasted that a slow-moving low will be gradually moving west and enter the Texas Coastal Bend late Thursday or early Friday morning. North Texas will see rain chances ranging 20-40% arrive late in the week, into the weekend; highest rain chances will be from the Lower Brazos Valley into East Texas. | https://cw33.com/news/local/what-to-know-about-potential-rain-chances-over-4th-of-july-weekend-in-north-texas/ | 2022-06-29T17:40:42Z |
TEMPLE, Texas, June 29, 2022 /PRNewswire/ -- Temple Economic Development Corporation (Temple EDC) today announced that H-E-B, the San Antonio based supermarket chain, will be expanding their Temple, Texas distribution facilities with a new automated frozen distribution line. Pending final negotiations with Temple EDC and the City of Temple the project will grow H-E-B's current facility footprint by 325,000 sq. ft. and will add over 100 jobs to the local economy.
"It is our privilege to continue to work with H-E-B as they grow their presence in Temple, Texas" said Adrian Cannady, President and CEO of Temple Economic Development Corporation. "H-E-B has seen many cycles of growth and expansion throughout their time in Temple and we are proud of the opportunities they continue to bring to our region. This expansion project, paired with Temple's strategic location and immediate access to I-35, will work to strengthen H-E-B's operations in Texas."
"As H-E-B grows into new markets across Texas, expansion of our Temple facilities supports our commitment to be the best retailer in Texas," said Chad Madison, group vice president of H-E-B warehousing.
H-E-B's Temple Distribution warehouse supports over 100 H-E-B retail stores across the region, from Austin to Dallas, and has been operating in the Temple community since 2010. With over 117 years in business H-E-B is one of the nation's largest independently owned food retailers and sees $36 billion in annual sales. The company is in the permit stage of the expansion with construction slated to begin by the end of 2022, and project completion expected in 2024.
"Temple is a community where growing businesses like H-E-B can thrive. We are thrilled that H-E-B has chosen to expand its footprint in our city and look forward to the new opportunities that will be available to our community," said Assistant City Manager of Temple, Erin Smith.
To learn more about this project and sites available in Temple, Texas, visit www.templeedc.com.
The Temple Economic Development Corporation (Temple EDC) is a nonprofit organization that serves as the designated economic development entity for the City of Temple, Texas. Temple EDC strengthens relationships, builds partnerships, and provides solutions that cause entities to choose Temple. To learn more about doing business in Temple, visit TempleEDC.com.
H-E-B, with sales of $36 billion, operates over 420 stores in Texas and Mexico. Known for its innovation and community service, H-E-B celebrates its 117th anniversary this year. Recognized for its fresh food, quality products, convenient services, and a commitment to environmental responsibility and sustainability, H-E-B strives to provide the best customer experience and lowest prices. Based in San Antonio, H-E-B employs 145,000 Partners in Texas and Mexico and serves millions of customers in more than 300 communities. For more information, visit HEB.com and HEB.com/newsroom.
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SOURCE Temple Economic Development Corporation | https://www.mysuncoast.com/prnewswire/2022/06/29/h-e-b-expanding-temple-tx-with-planned-frozen-distribution-center/ | 2022-06-29T15:49:10Z |
PORTLAND, Ore., Aug. 31, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, today announced that Craft Canning + Printing has printed and delivered more than two million cans from its Argyle printing operation. Craft acquired a Hinterkopf D240 digital can printer early in 2022 and started its aluminum digital can printing operation during the second quarter of 2022. The Company has ramped up printing to include two shifts and has reached the two million cans printed milestone earlier this month. Craft is supplying digitally printed cans to craft beverage customers throughout the Pacific Northwest.
Geoffrey Gwin, Eastside's Chief Executive Officer commented, "we have received an enthusiastic reaction from both existing and new customers since starting our digital can printing operation. This two million can milestone is just the first of many to come."
Craft's digitally printed cans have a number of benefits including high magazine quality printing, flexibly changing artwork and reducing supply chain costs. However, one of the greatest benefits is the fact all digitally printed cans are recyclable, which is not the case with some other forms of can decoration such as shrink sleeve applications.
Eastside Distilling, Inc. (NASDAQ: EAST) and its wholly owned Craft Canning + Printing have been producing high-quality, award-winning craft spirits as well as servicing craft beverage in Portland, Oregon, since 2008. The Company is distinguished by its highly decorated product lineup that includes Azuñia Tequilas®, Burnside Whiskeys®, Hue-Hue Coffee Rum®, and Portland Potato Vodka®. All Eastside spirits are crafted from natural ingredients for quality and taste. Eastside's Craft Canning + Printing subsidiary is the Northwest's leading independent mobile canning businesses and recently began digital can printing and co-packing through its recent asset acquisition.
Certain matters discussed in this press release may be forward-looking statements. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the impact of COVID-19 and related business disruption, the Company's ongoing financing requirements and ability to achieve any financing, acceptance of the Company's products in the market; the Company's success in obtaining new customers; the Company's success in product development; the Company's ability to execute its business model and strategic plans; the Company's success in integrating acquired entities and assets, and all the risks and related information described from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"), including the financial statements and related information contained in the Company's Annual Report on Form 10-K and interim Quarterly Reports on Form 10-Q. Examples of forward-looking statements in this release may include statements related to our strategic focus, product verticals, anticipated revenue and profitability, our ability to reduce operating or other expenses, the anticipated demand from the craft beer industry, the effects of COVID-19, including the impact on sales, and the success of initiatives implemented to address the business disruption resulting from COVID-19. The Company assumes no obligation to update the cautionary information in this press release.
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SOURCE Eastside Distilling, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/31/eastside-distilling-inc-updates-craft-canning-printing-milestones/ | 2022-08-31T14:03:35Z |
SAN DIEGO, June 7, 2022 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced the commercial launch of TLANDO™ (testosterone undecanoate), an oral treatment indicated for testosterone replacement therapy in adult males for conditions associated with a deficiency or absence of endogenous testosterone (primary or hypogonadotropic hypogonadism). TLANDO™ was approved by the U.S. Food and Drug Administration (FDA) on March 28, 2022.
"We are delighted to announce the commercial availability of TLANDO and provide patients with a convenient oral dosing option for testosterone replacement therapy. The launch of TLANDO represents our second testosterone replacement therapy product, following the 2018 launch of XYOSTED, a weekly subcutaneous auto-injector. The TLANDO approval and commercial launch demonstrate our continued commitment to developing new drug delivery options for patients," commented Dr. Helen Torley, president and chief executive officer of Halozyme. "We look forward to expanding our market share in this growing therapeutic category with both XYOSTED and TLANDO."
"Our sales organization is well positioned to leverage its experience and physician relationships established through the commercialization of XYOSTED," said Joe Renda, senior vice president, commercial of Halozyme. "We believe TLANDO's oral formulation and convenient dosing, which requires no titration, are key benefits for physicians and patients."
For full prescribing information, please visit www.TLANDO.com.
Male hypogonadism is an endocrine disorder in which the body fails to produce enough testosterone. Hypogonadism is a common condition in the male population, with a higher prevalence in older men, obese men, and men with type 2 diabetes. It is estimated that approximately 35% of men older than 45 years of age and 30-50% of men with obesity or type 2 diabetes have hypogonadism1. Hypogonadism can be treated with testosterone replacement therapy.
1 Endocrine Society
IMPORTANT SAFETY INFORMATION
TLANDO (testosterone undecanoate) capsules, for oral use, CIII
Initial U.S. Approval: 1953
IMPORTANT SAFETY INFORMATION
WARNING: BLOOD PRESSURE INCREASES (See Boxed Warning on Product Label for more information)
- TLANDO can cause blood pressure (BP) increases that can increase the risk of major adverse cardiovascular events (MACE), including non-fatal myocardial infarction, non-fatal stroke and cardiovascular death with greater risk in patients with established cardiovascular disease or risk factors for cardiovascular disease.
- Before initiating TLANDO, consider the patient's baseline cardiovascular risk and ensure blood pressure is adequately controlled.
- Three weeks after initiating therapy monitor for and treat new-onset hypertension or exacerbations of pre-existing hypertension.
- Re-evaluate whether the benefits of TLANDO outweigh its risks in patients who develop cardiovascular risk factors or cardiovascular disease on treatment. Due to this risk, use TLANDO only for the treatment of men with hypogonadal conditions associated with structural or genetic etiologies.
TLANDO (testosterone undecanoate) is indicated for testosterone replacement therapy in adult males for conditions associated with a deficiency or absence of endogenous testosterone.
- Primary hypogonadism (congenital or acquired)
- Hypogonadotropic hypogonadism (congenital or acquired)
- Safety and efficacy of TLANDO in males less than 18 years old have not been established.
TLANDO is contraindicated in:
- Patients with carcinoma of the breast or known or suspected carcinoma of the prostate.
- Women who are pregnant. Testosterone can cause virilization of the female fetus when administered to a pregnant woman.
- Known hypersensitivity to testosterone undecanoate or any of TLANDO's ingredients.
- Men with hypogonadal conditions, such as "age-related hypogonadism", that are not associated with structural or genetic etiologies. The efficacy of TLANDO has not been established for these conditions, and TLANDO can increase BP that can increase the risk of MACE.
Increase in Blood Pressure: In Study 18-001, TLANDO increased systolic BP after 4 months of treatment by an average of 4.3 mmHg based on ambulatory blood pressure monitoring (ABPM) and 4.8 mmHg from baseline based on blood pressure cuff measurements [see Adverse Reactions (6.1)].
These BP increases can increase the risk of major adverse cardiovascular events (MACE), with greater risk in patients with established cardiovascular disease or risk factors for cardiovascular disease.
In some patients, the increase in BP with TLANDO may be too small to detect but can still increase the risk for MACE.
Before initiating TLANDO, consider the patient's baseline cardiovascular risk and ensure blood pressure is adequately controlled. Check BP approximately 3 weeks after initiating TLANDO and periodically thereafter. Treat new-onset hypertension or exacerbations of pre-existing hypertension. Re-evaluate whether the benefits of continued treatment with TLANDO outweigh its risks in patients who develop cardiovascular risk factors or cardiovascular disease.
Polycythemia: Increases in hematocrit levels, reflective of increases in red blood cell mass, may require discontinuation of TLANDO. Check hematocrit prior to initiating TLANDO. Evaluate hematocrit approximately every 3 months during the first year of treatment, and then every 6 months thereafter while the patient is taking TLANDO. If hematocrit becomes elevated, stop TLANDO until hematocrit decreases to an acceptable concentration. If TLANDO is restarted and again causes hematocrit to become elevated, stop TLANDO permanently. An increase in red blood cell mass may increase the risk of thromboembolic events
Cardiovascular Risk: Long term clinical safety trials have not been conducted to assess the cardiovascular outcomes of testosterone replacement therapy in men. To date, epidemiologic studies and randomized controlled trials have been inconclusive for determining the risk of major adverse cardiovascular events (MACE), such as non-fatal myocardial infarction, non-fatal stroke, and cardiovascular death, with the use of testosterone compared to non-use. Some studies, but not all, have reported an increased risk of MACE in association with use of testosterone replacement therapy in men.
TLANDO can cause BP increases that can increase the risk of MACE. Patients should be informed of this possible risk when deciding whether to use or to continue to use TLANDO.
Worsening of Benign Prostatic Hyperplasia (BPH) and Potential Risk of Prostate Cancer: Patients with BPH treated with androgens are at an increased risk for worsening of signs and symptoms of BPH. Monitor patients with BPH for worsening signs and symptoms. Patients treated with androgens may be at increased risk for prostate cancer. Evaluate patients for prostate cancer, including measurement of prostate specific antigen (PSA), prior to initiating and during treatment with androgens
Venous Thromboembolism: There have been post marketing reports of venous thromboembolic events, including deep vein thrombosis (DVT) and pulmonary embolism (PE), in patients using testosterone replacement products such as TLANDO. Evaluate patients who report symptoms of pain, edema, warmth, and erythema in the lower extremity for DVT and those who present with acute shortness of breath for PE. If a venous thromboembolic event is suspected, discontinue TLANDO and initiate appropriate workup and management
Abuse of Testosterone and Monitoring of Serum Testosterone Concentrations: Testosterone has been subject to abuse, typically at doses higher than recommended for the approved indication and in combination with other anabolic androgenic steroids. Anabolic androgenic steroid abuse can lead to serious cardiovascular and psychiatric adverse reactions.
If testosterone abuse is suspected, check serum testosterone concentrations to ensure they are within therapeutic range. However, testosterone levels may be in the normal or subnormal range in men abusing synthetic testosterone derivatives. Counsel patients concerning the serious adverse reactions associated with abuse of testosterone and anabolic androgenic steroids. Conversely, consider the possibility of testosterone and anabolic androgenic steroid abuse in suspected patients who present with serious cardiovascular or psychiatric adverse events.
Not for Use in Women: Due to lack of controlled studies in women and the potential for virilizing effects, TLANDO is not indicated for use in women. Potential for Adverse Effects on Spermatogenesis: With large doses of exogenous androgens, including TLANDO, spermatogenesis may be suppressed through feedback inhibition of pituitary follicle-stimulating hormone (FSH) possibly leading to adverse effects on semen parameters including sperm count. Patients should be informed of this possible risk when deciding whether to use or to continue to use TLANDO.
Hepatic Adverse Effects: Prolonged use of high doses of orally active 17-alpha-alkyl androgens (e.g., methyltestosterone) has been associated with serious hepatic adverse effects (peliosis hepatis, hepatic neoplasms, cholestatic hepatitis, and jaundice). Peliosis hepatis can be a life-threatening or fatal complication. Long-term therapy with intramuscular testosterone enanthate has produced multiple hepatic adenomas. TLANDO is not a 17 alpha-alkyl androgen and is not known to produce hepatic adverse effects associated with 17-alpha-alkyl androgens.
Nonetheless, patients should be instructed to report any signs or symptoms of hepatic dysfunction (e.g., jaundice). If these occur, promptly discontinue TLANDO while the cause is evaluated.
Edema: Androgens, including TLANDO, may promote retention of sodium and water. Edema, with or without congestive heart failure, may be a serious complication in patients with preexisting cardiac, renal, or hepatic disease [see Adverse Reactions (6.1)]. In addition to discontinuation of the drug, appropriate work up and management of edema may be required.
Sleep Apnea: The treatment of hypogonadal men with testosterone products may potentiate sleep apnea in some patients, especially those with risk factors such as obesity or chronic lung diseases.
Gynecomastia: Gynecomastia may develop and persist in patients being treated for hypogonadism.
Lipid Changes: Changes in serum lipid profile may require dose adjustment of lipid lowering drugs or discontinuation of testosterone therapy. Monitor the lipid profile periodically after starting testosterone therapy.
Hypercalcemia: Androgens, including TLANDO, should be used with caution in cancer patients at risk of hypercalcemia (and associated hypercalciuria). Monitor serum calcium concentrations periodically in these patients.
Decreased Thyroxine-binding Globulin: Androgens, including TLANDO, may decrease concentrations of thyroxin-binding globulins, resulting in decreased total T4 serum concentrations and increased resin uptake of triiodothyronine (T3) and thyroxine (T4). Free thyroid hormone concentrations remain unchanged, however, and there is no clinical evidence of thyroid dysfunction.
Increases in Prolactin: Increases in serum prolactin have been reported in patients treated with TLANDO in clinical trials. Evaluate serum prolactin levels prior to initiating treatment with TLANDO. Re-evaluate serum prolactin levels 3 to 4 months after starting treatment. If serum prolactin remains elevated, discontinue TLANDO.
The safety of TLANDO was evaluated in 2 clinical studies in a total of 233 men.
Study 18-001: 138 hypogonadal males were treated with TLANDO 225 mg twice daily with morning and evening meals for approximately 4 months.
Study 16-002: 95 hypogonadal males were treated with TLANDO 225 mg twice daily with morning and evening meals for approximately 24 days.
The most commonly reported adverse reactions (≥ 2%) were: increased blood prolactin, hypertension, increased hematocrit, upper respiratory tract infection, weight increased, headache, and musculoskeletal pain.
Insulin: Changes in insulin sensitivity or glycemic control may occur in patients treated with androgens. In diabetic patients, the metabolic effects of androgens may decrease blood glucose and, therefore, insulin requirements.
Oral Anticoagulants: Changes in anticoagulant activity may be seen with androgens. Frequent monitoring of INR and prothrombin time may be necessary in patients taking anticoagulants, especially at the initiation and termination of androgen therapy.
Corticosteroids: The concurrent use of testosterone with corticosteroids may result in increased fluid retention and should be monitored cautiously, particularly in patients with cardiac, renal or hepatic disease.
Drugs that May Also Increase Blood Pressure: Some prescription drugs and nonprescription analgesic and cold medications can increase blood pressure. Concomitant administration of these medications with TLANDO may lead to additional increases in blood pressure.
Pregnancy: TLANDO is contraindicated in pregnant women and not indicated for use in females. Testosterone is teratogenic and may cause fetal harm when administered to a pregnant woman based on data from animal studies (see Data) and its mechanism of action. Exposure of a female fetus to androgens may result in varying degrees of virilization. In animal developmental studies, exposure to testosterone in utero resulted in hormonal and behavioral changes in offspring and structural impairments of reproductive tissues in female and male offspring. These studies did not meet current standards for nonclinical development toxicity studies. Lactation: TLANDO is not indicated for use in females.
Females and Males of Reproductive Potential: During treatment with large doses of exogenous androgens, including TLANDO, spermatogenesis may be suppressed through feedback inhibition of the hypothalamic-pituitary-testicular axis. Reduced fertility is observed in some men taking testosterone replacement therapy. The impact on fertility may be irreversible. Testicular atrophy, subfertility, and infertility have also been reported in men who abuse anabolic androgenic steroids.
Pediatric Use: The safety and effectiveness of TLANDO in pediatric patients less than 18 years old have not been established. Improper use may result in acceleration of bone age and premature closure of epiphyses.
Geriatric Use: There have not been sufficient numbers of geriatric patients in controlled clinical studies with TLANDO to determine whether efficacy or safety in those over 65 years of age differs from younger subjects. Of the 95 patients enrolled in Study 16-002, the 24-day major safety and effectiveness study utilizing TLANDO, 16 (16.8%) were over 65 years of age. Additionally, there is insufficient long-term safety data in geriatric patients utilizing TLANDO to assess the potentially increased risk of cardiovascular disease and prostate cancer.
Geriatric patients treated with androgens may also be at risk for worsening of signs and symptoms of BPH and hypertension.
DRUG ABUSE AND DEPENDENCE
TLANDO contains testosterone undecanoate, a Schedule III controlled substance.
Abuse and misuse of testosterone are seen in male and female adults and adolescents. Testosterone, often in combination with other anabolic androgenic steroids may be abused by athletes and bodybuilders.
Serious adverse reactions have been reported in individuals who abuse anabolic androgenic steroids and include cardiac arrest, myocardial infarction, hypertrophic cardiomyopathy, congestive heart failure, cerebrovascular accident, hepatotoxicity, and serious psychiatric manifestations, including major depression, mania, paranoia, psychosis, delusions, hallucinations, hostility and aggression.
The following adverse reactions have also been reported in men: transient ischemic attacks, convulsions, hypomania, irritability, dyslipidemias, testicular atrophy, subfertility, and infertility.
The following additional adverse reactions have been reported in women: hirsutism, virilization, deepening of voice, clitoral enlargement, breast atrophy, male-pattern baldness, and menstrual irregularities.
The following adverse reactions have been reported in male and female adolescents: premature closure of bony epiphyses with termination of growth, and precocious puberty.
Withdrawal symptoms can be experienced upon abrupt discontinuation in patients with addiction. Withdrawal symptoms include depressed mood, major depression, fatigue, craving, restlessness, irritability, anorexia, insomnia, decreased libido, and hypogonadotropic hypogonadism. Drug dependence in individuals using approved doses for approved indications has not been documented.
For more information, call 1-844-996-7833.
Please see full Prescribing Information, including Boxed Warning and Medication Guide.
Halozyme is a biopharmaceutical company bringing disruptive solutions to significantly improve patient experiences and outcomes for emerging and established therapies. As the innovators of the ENHANZE® technology with the proprietary enzyme rHuPH20, Halozyme's commercially-validated solution is used to facilitate the delivery of injected drugs and fluids in order to reduce the treatment burden to patients. Having touched more than 600,000 patient lives in post-marketing use in five commercialized products across more than 100 global markets, Halozyme has licensed its ENHANZE® technology to leading pharmaceutical and biotechnology companies including Roche, Baxalta, Pfizer, AbbVie, Eli Lilly, Bristol-Myers Squibb, Alexion, argenx, Horizon Therapeutics, ViiV Healthcare and Chugai Pharmaceutical.
Halozyme also develops, manufactures and commercializes, for itself or with partners, novel therapeutic products using its advanced auto-injector technology that are designed to provide commercial or functional advantages such as improved safety and efficacy, convenience, improved tolerability, and enhanced patient comfort and adherence. The Company has a commercial portfolio of proprietary products including XYOSTED®, TLANDO™ and NOCDURNA® and partnered commercial products and ongoing product development programs with industry leading pharmaceutical companies including Teva Pharmaceutical, Covis Pharma, Pfizer and Idorsia Pharmaceuticals.
Halozyme is headquartered in San Diego, CA and has offices in Ewing, NJ and Minnetonka, MN. Minnetonka is also the site of its operations facility.
For more information visit www.halozyme.com and connect with us on LinkedIn and Twitter.
In addition to historical information, this press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements concerning the Company's commercial launch of TLANDO™, the Company's potential expansion of market share in the testosterone replacement therapeutic category as well as the potential growth of this therapeutic category, and the potential benefits TLANDO™ will provide for physicians and patients. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance, achievements or prospects to be materially different from any future results, performance, achievements or prospects expressed in or implied by such forward-looking statements. In some cases you can identify forward-looking statements by terminology such as ''may'', ''will'', ''should'', ''would'', ''expect'', ''intend'', ''plan'', ''anticipate'', ''believe'', ''estimate'', ''predict'', ''potential'', ''seem'', ''seek'', ''future'', ''continue'', or ''appear'' or the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including but not limited to, unexpected results or delays in the commercial launch of TLANDO™, including any potential delays caused by the current COVID-19 global pandemic, unexpected market acceptance, payor coverage or future prescriptions and revenue generated by TLANDO™, unexpected actions by the FDA or other regulatory agencies with respect to the Company's products, competitive conditions and unexpected adverse events or patient outcomes from being treated with TLANDO™. Additional information concerning these and other factors that may cause actual results to differ materially from those anticipated in the forward-looking statements is contained in the "Risk Factors" section of the Company's Annual Report on Form 10-K, and in the Company's other periodic reports and filings with the Securities and Exchange Commission. The Company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. All forward-looking statements are based on information currently available to the Company on the date hereof, and the Company undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances after the date of this press release, except as required by law.
Contacts:
Tram Bui
VP, Investor Relations and Corporate Communications
609-359-3016
tbui@antarespharma.com
Dawn Schottlandt / Claudia Styslinger
Argot Partners
212-600-1902
Halozyme@argotpartners.com
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SOURCE Halozyme Therapeutics, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/07/halozyme-announces-commercial-launch-tlando-an-oral-treatment-testosterone-replacement-therapy/ | 2022-06-07T13:13:57Z |
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Today, the Committee for Economic Development, the public policy center of The Conference Board (CED), issued a new Solutions Brief, Pandemic Regulatory Changes: Should They Stay or Should They Go? The report—the latest in CED's Sustaining Capitalism series—examines the regulatory impact on health care policy during the depths of COVID-19, providing insights and recommendations through the lens of a smart regulatory approach, for public and private sector leaders to prioritize as the US emerges from the pandemic
CED has promoted "smart regulation"—the idea that regulation should achieve the purpose for which it was imposed at the lowest possible cost and with the maximum possible benefits. Specifically, the Solutions Brief assesses three areas, each of which shows the powerful impact of regulation and provides insights into broader guidelines for regulatory policy. Two pertain to waivers that remove regulation or apply regulatory flexibility: pandemic waivers from the Centers for Medicare and Medicaid Services (CMS), and efforts by the Food and Drug Administration (FDA). The third pertains to an added regulation: the Department of Labor's (DOL) and the Department of Health and Human Services' (HHS) regulations on employee vaccinations.
"The pandemic showed that well-planned regulatory waivers, considered by Congress in advance, mitigated the fallout from COVID-19—most importantly, saving lives. They also offered US businesses a lifeline to expand beyond the limits of normal operations, both in research and development and in the provision of care," said Lori Esposito Murray, President of CED. "Now, the US government should take these lessons and work with business leaders to plan for the next public health emergency, and, more broadly, consider other areas in which more regulatory flexibility would help to achieve the maximum possible benefits at the lowest possible cost."
As the Solutions Brief details, the CMS and FDA initiatives were successful, while the actions from the DOL and HHS tested—and exceeded—the limits of regulation. Highlights from the report's case studies include:
The CMS provided reimbursement for an expanded set of health care services, opening pathways to provide services such as telehealth:
- At the pandemic's onset, the CMS issued waivers that allowed the agency to reimburse hospitals, physicians, and other providers for services that it would ordinarily not cover.
- Due to CMS waivers, telehealth grew rapidly and has proven both popular and durable. In the pandemic's first year, over 28 million of all Medicare beneficiaries—43 percent—used a telehealth service of some kind, marking an 88-fold increase over 2019.
FDA's use of regulatory flexibility accelerated vaccine development:
- Because of the public health emergency, in coordination with the FDA, drug companies were permitted to work on different stages of clinical trials for vaccine development in parallel rather than sequentially.
- Taking this approach expedited the timeline for vaccine development and saved lives. Phase 1 and 2 trials were combined, human clinical trials were successful, and Emergency Use Authorizations for COVID-19 vaccines were approved starting on December 11, 2020.
A cautionary tale on vaccine mandate regulations:
- Citing the risks of COVID-19 to workers, the Occupational Safety and Health Administration (OSHA) published an Emergency Temporary Standard (ETS) in November 2021. The ETS mandated that employers with more than 100 employees require either vaccination of their workers, with certain exemptions, or the alternative of wearing a face mask to work and agreeing to weekly testing for COVID-19.
- Reaction from some employers and segments of the public, in addition to legal actions, was swift. While the Court of Appeals for the Sixth Circuit initially permitted the rule to take effect, litigation continued. This culminated in an appeal to the Supreme Court, which agreed that OSHA had exceeded its powers, resulting in the ETS being overturned.
Key Recommendations from the Solutions Brief:
CED calls on policy and business leaders to seize this opportunity by conducting a comprehensive review of overall regulatory policy during the pandemic, as well as applying this approach more broadly to regulatory policy. Doing so will help in determining the scope of regulatory policy going forward. Recommendations featured in the Solutions Brief include:
- Close cooperation between the federal government, state governments, and the private sector for regulation is essential.
- Regulators should take account of the experience of those who would be subject to the regulations. This will promote innovation in regulation and spur US research and development.
- States should move toward reciprocal licensing of physicians and other health care professionals. As an interim step, however, states that are not part of interstate medical licensure compacts should move to join them, to provide greater uniformity to the licensing system for physicians and as a step toward reciprocal licensing.
- The federal government should conduct a study of the use of telehealth and other waivers during the pandemic. Regulations should be considered for possible permanent modification (or not) based on an examination of how they were used during the pandemic and a study of the balancing of benefits and costs.
- The Department of Health and Human Services (HHS), in conjunction with the private sector, should undertake a comprehensive review of the Food and Drug Administration's exercise of regulatory flexibility during the pandemic to determine how effective it was and whether it can or should be applied more broadly without compromising safety and efficacy, potentially leading to faster approval of new therapies.
- Congress should speak in clear language—as clear as possible—in stating the powers it chooses to delegate and not to delegate to agencies.
- Agencies should ground their regulatory activities firmly and only within those delegations.
- Safe harbors in regulation are appropriate in a number of circumstances, but particularly in areas of great uncertainty and in instances when conditions change rapidly.
- Business leadership should participate actively and robustly in the regulatory process, particularly at the comment stage of notice-and-comment rulemaking.
The new Solutions Brief, Pandemic Regulatory Changes: Should They Stay or Should They Go?, can be accessed here.
About CED
The Committee for Economic Development (CED) is the public policy center of The Conference Board. The nonprofit, nonpartisan, business-led organization delivers well-researched analysis and reasoned solutions in the nation's interest. CED Trustees are chief executive officers and key executives of leading US companies who bring their unique experience to address today's pressing policy issues. Collectively they represent 30+ industries, over a trillion dollars in revenue, and over 4 million employees. www.ced.org
About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org
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SOURCE Committee for Economic Development of The Conference Board (CED) | https://www.wibw.com/prnewswire/2022/09/13/ced-report-regulatory-changes-during-pandemic-reveal-critical-lessons-and-valuable-opportunities-for-future-regulatory-policy/ | 2022-09-13T14:34:37Z |
In a pair of campaign ads this GOP primary season, Alabama Gov. Kay Ivey falsely declares the election was stolen from Donald Trump and accuses the federal government of “shipping illegal immigrants” to the state.
“My message to Biden: No way, Jose,” she says.
But a competing ad by former Trump ambassador Lindy Blanchard calls Ivey a “tax-hiking Fauci-loving” liberal, swiping at her for actions during the COVID-19 pandemic and a gas tax increase.
Alabama’s Republican primary has become a race to the right, with candidates staking out extreme positions on abortion, immigration and LGBTQ issues. The race was supposed to be a cake walk for Ivey — who still remains favored to win a second full term — but right flank opponents are trying to make it a referendum on conservative credentials as they seek to push the Alabama governor into a runoff.
Blanchard, who left the U.S. Senate race to run for governor, said there are GOP voters who are not happy with Ivey’s leadership on a number of issues. She particularly cited Ivey’s support for the gas tax increase and mask mandate and business closures during the peak of the coronavirus pandemic.
“I don’t want the government anywhere near my health care telling me what to do,” Blanchard said. “I want the people of Alabama to know that if you like Gov. DeSantis and Kristi Noem, then you’ll like Gov. Blanchard,” she said referencing the Florida and South Dakota governors.
It is historically difficult for a primary challenger to defeat an incumbent governor. None of the primary challengers have the footprint to defeat Ivey alone. They instead are placing hopes that they can collectively garner enough primary votes and keep Ivey below 50% of the vote to spark a runoff and a new political ballgame.
Ivey faces a total of eight primary challengers, including Blanchard, businessman Tim James — the son of former Gov. Fob James — and Lew Burdette, who runs King’s Home, a Christian-based nonprofit with group homes throughout the state.
Former Morgan County Commissioner Stacy Lee George, Opelika pastor Dean Odle, businessman Dean Young, Donald Trent Jones and Springville Mayor Dave Thomas are also challenging Ivey.
James has also criticized past mask mandates and the gas tax increase that includes a provision for automatic increases based on the National Highway Construction Cost Index.
“Governor Ivey and the political crowd found a way to raise taxes forever without having to vote on them,” James said in the ad. James in other ads called transgender swimmer Lia Thomas, “a man in a woman’s bathing suit” and criticized a first of its kind charter school in Homewood that was created to welcome LGBTQ students.
An Ivey campaign spokesman said the governor is confident she will win without runoff. Spokesman William Heartsill said the governor’s record speaks for itself. “Governor Ivey has done what other people are only talking about doing.”
Among other actions, the campaign cited her record on job creation and her signing of legislation to try to ban abortion at any stage of pregnancy, forbid transgender girls from playing on girls’ sports teams at schools and outlawing the use of puberty-blockers and hormones to treat transgender minors.
“Kay Ivey is the most conservative governor our state has ever had. She has always been a fighter for conservative values and that will never change,” Heartsill said.
Blanchard, who was Trump’s ambassador to Slovenia, ran an ad that questioned why Ivey didn’t appear on stage with Trump at a Cullman rally. It was there that a cantankerous crowd jeered U.S. Rep. Mo Brooks for suggesting that voters focus energy on the next election since they couldn’t change the outcome of the most recent presidential contest. Ivey greeted Trump at the airport and her office distributed photos of the meeting. Trump has not weighed in on the Alabama race.
The dynamic is playing out in other states. J.D. Vance, the author of “Hillbilly Elegy,” won the Republican primary for an Ohio Senate seat in a race where contenders competed to be the most Trump-like candidate.
State Rep. Mike Ball, who is retiring after 20 years in the Alabama Legislature, said the candidates all have staunchly conservative positions and are in a race amongst themselves to be the most conservative of all.
“There are some extreme positions being taken in this primary. Look at the ads on these hot button issues,” he said.
David Mowery, an Alabama-based political consultant, said right now there is “a lot of sound and fury and we’ll see what it signifies on Election Day.”
“Ivey still has the upper hand and at least a solid shot of winning without a runoff,” he said. | https://cw33.com/news/politics/ap-politics/ivey-challengers-race-to-right-in-alabama-gop-primary/ | 2022-05-20T02:32:54Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- On May 24, 2022, Silver Golub & Teitell LLP and Selendy Gay Elsberg PLLC filed a federal securities class action complaint (the "Complaint") in the Southern District of California on behalf of its client and putative class of all similarly-situated investors who suffered losses investing in the following mutual funds (the "Mutual Funds"):
- the AllianzGI Structured Return fund;
- the AllianzGI U.S. Equity Hedged fund;
- the AllianzGI PerformanceFee Structured US Equity fund;
- the AllianzGI PerformanceFee Structured US Fixed Income fund; and
- the Nationwide Multi-Cap Portfolio fund
The Complaint alleges, inter alia, that AllianzGI committed securities fraud from 2015 through 2020 through a scheme to defraud prospective and current AllianzGI Mutual Fund investors by making false and misleading statements regarding the risks taken by the Mutual Funds. Instead of managing the Mutual Funds as represented, the Complaint alleges that AllianzGI took unreasonable risks that prioritized returns over risk management in ways fundamentally inconsistent with AllianzGI's representations concerning the Mutual Funds "Principal Investment Strategies." As a result, the Complaint alleges, when financial markets crashed in February and March 2020, Mutual Fund investors who thought they were protected from these events via their Mutual Fund investments suffered catastrophic losses.
On May 17, 2022, AllianzGI and two employees that managed the mutual funds pleaded guilty to securities fraud as a result of, inter alia, much of the conduct alleged in the Complaint. To date, AllianzGI has paid over $6 billion to in settlements, fines, and restitution, but has yet to compensate mutual fund investors.
If you purchased, sold, or liquidated shares in the AllianzGI-run Mutual Funds during the Class Period as defined above and wish to learn more about your rights, visit SGT's website or contact Ian W. Sloss at isloss@sgtlaw.com or at (203) 325-4491, or Jordan Goldstein at jgoldstein@selendygay.com or at (212) 390-9008.
The class action is titled Cole v. Allianz Global Investors U.S. LLC, No. 22-CV-0747 (J. Curiel) (S.D. Cal.).
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SOURCE Silver Golub & Teitell LLP | https://www.kxii.com/prnewswire/2022/06/10/silver-golub-amp-teitell-llp-amp-selendy-gay-elsberg-pllc-file-class-action-behalf-former-allianzgi-mutual-fund-investors/ | 2022-06-10T17:25:33Z |
Highlights include:
Hole C22-187 – Gran Bestia
- 0.82 g/t gold equivalent over 336 metres from surface
- Including 1.12 g/t gold equivalent over 60 metres and 1.68 g/t gold equivalent over 12 metres
- Extends existing higher-grade breccia area to northeast
Hole C22-185 – Cangrejos
- Five intervals above cut-off grade total 318 metres in a 410 metre interval from surface in a vertical hole
- Including 1.39 g/t gold equivalent over 38 metres
- Extends deposit margin to east
Lumina has decided to increase its drill program by 4,000 to 6,750 metres at Gran Bestia
- Success with northwest ridgeline step-out drilling has led Lumina to believe it can potentially add significant indicated mineral resources and enhance the already excellent strip ratio at the secondary pit
VANCOUVER, BC, May 31, 2022 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the "Company" or "Lumina") is pleased to announce results from thirteen drill holes at its Cangrejos project (the "Project") in Ecuador. Seven of the reported drill holes are from Cangrejos and six are from Gran Bestia (see Table 1). To date, eighty three drill holes have been completed, totalling approximately 27,000 metres of drilling.
Lumina is also pleased to announce increasing the total drill program at Gran Bestia by an additional 4,000 to 6,750 metres. The drill program has been designed to define the northwestern step-out area to at least an indicated category of mineral resource, so that it can be incorporated into a Pre-feasibility study mine plan. In addition to adding indicated mineral resources to the pit, the program has the potential to enhance the already excellent strip ratio at Gran Bestia.
The original planned infill and step-out drill program will be completed in mid-June and the additional drilling will take approximately one and a half months to complete.
Hole C22-185 was drilled on the eastern margin of the deposit and intercepted 83m from 178m down the hole grading 1.19 g/t gold and 0.14% copper, for 1.39 g/t Au Eq., in hydrothermal breccias cutting strongly potassic and tourmaline altered quartz diorite mineralized with chalcopyrite and pyrite. Including intervals above and below this, a total of 318 metres exceeding the cut-off grade were drilled in the uppermost 410m from surface in hole C22-185 (see Table 1). This hole extends the eastern margin of the Cangrejos deposit.
Holes C22-186, C22-194 C22-195 were drilled in the southwestern quadrant of Cangrejos and all holes contain multiple intercepts reported in Table 1, including 30 metres from 54 metres down the hole grading 0.83 g/t gold and 0.08% copper, for 0.97 g/t Au Eq in hole C22-195 and 36 metres from 244 metres down the hole grading 0.75 g/t gold and 0.08% copper, for 0.88 g/t Au Eq in hole C22-186. Holes C22-184, C22-189 and C22-190 were drilled along the northern margin of the Cangrejos deposit and grades were typical of those encountered in this area, except for the previously reported vein encountered by hole C22-178 (10 metres from 148 metres down the hole grading 19.33 g/t gold with 0.12% copper for a gold equivalent 19.51 g/t).
At Gran Bestia, hole C22-187 intersected 12m grading 1.46 g/t gold with 0.12% copper for a gold equivalent of 1.68 g/t gold from surface, 60m grading 0.96 g/t gold with 0.10% copper for a gold equivalent of 1.12 g/t gold from 82m down the hole and 28m grading 1.01 g/t gold with 0.07% copper for a gold equivalent of 1.12 g/t gold from 200m.
These intervals extend the higher-grade breccia zone by approximately 50m to the northeast from those reported for hole C22-181 (see Figure 2 and Table 2). This higher grade breccia is further defined to the southwest by holes C22-170, C22-167 and C22-157. Hole C22-192, which was collared on top of the Gran Bestia ridge and angled east-northeast towards the higher grade breccia, contained six intervals but did not extend deep enough to intersect the breccia. At Gran Bestia, the corridor where the higher grade breccias occur over a northeast-southwest oriented axis, measures at least 500m in length and 200-300m in width. This irregular breccia has gradational margins and is open to northeast, to depth, and laterally in all directions except the southwest where it appears to have been closed off by drilling.
Also at Gran Bestia, holes C22-193 and C22-196 were drilled along the eastern margin of the deposit and encountered grades typical of this area. Similarly, hole C22-191 was drilled at the southern margin of the deposit and also encountered grades characteristic of the deposit limit.
Table 1: Drill Hole Results
Table 2: Intervals of higher-grade breccia preciously released by Lumina, shown in Figure 2. Note that drill holes 6 and hole 8 on Figure 2 (full designation C99-06 and C99-08 respectively), are not listed as they are historic in nature.
All Lumina sample assay results have been independently monitored through a quality control / quality assurance program that includes the insertion of blind standards, blanks and pulp and reject duplicate samples. Logging and sampling are completed at Lumina's secure facility located at the Cangrejos project. Drill core is sawn in half on site and half drill-core samples are securely transported to either Bureau Veritas Labs' ("BV") or ALS Labs' ("ALS") sample preparation facilities in Quito, Ecuador. Sample pulps are sent to BV's or ALS' chemical labs in Lima, Peru for analysis. Gold content is determined by fire assay of a 30 gram charge with total copper content determined by four-acid digestion with ICP finish. Both labs are independent from Lumina.
Lumina is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.
Leo Hathaway, P.Geo., Senior Vice President of Lumina and the Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the Cangrejos Project has reviewed, verified and approved the contents of this news release and has verified the data underlying the contents of this news release.
Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. Cangrejos is being advanced to a Pre-Feasibility Study and is the largest primary gold deposit in Ecuador. Lumina has an experienced management team with a successful track record of advancing and monetizing exploration projects.
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Further details are available on the Company's website at https://luminagold.com/. To receive future news releases please sign up at https://luminagold.com/contact.
LUMINA GOLD CORP.
Signed: "Marshall Koval"
Marshall Koval, President & CEO, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the size of the expanded Gran Bestia drill program, and the timing for completion of the drill program, upgrading mineral resource estimates for the project, adding mineral resources or potentially improving the Gran Bestia strip ratio. Often, but not always, forward-looking statements or information can be identified by the use of words such as "will" or "projected" or variations of those words or statements that certain actions, events or results "will", "could", "are proposed to", "are planned to", "are expected to" or "are anticipated to" be taken, occur or be achieved.
With respect to forward-looking statements and information contained herein, the Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the prices of gold and copper, and anticipated costs and expenditures. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the mining industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks relating to inaccurate geological and engineering assumptions (including with respect to the tonnage, grade and recoverability of reserves and resources); risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters); risks relating to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities administrators. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE Lumina Gold Corp. | https://www.wibw.com/prnewswire/2022/05/31/drilling-continues-expand-gran-bestia-higher-grade-breccia-extends-cangrejos-east/ | 2022-05-31T12:22:02Z |
Consumers and businesses gain faster, secure payment options integrated into digital banking experiences
MONETT, Mo., June 22, 2022 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is supporting the faster payments strategies of hundreds of regional and community financial institutions with JHA PayCenter™, its proprietary payments hub that provides seamless connections to The Clearing House's RTP® network and the Zelle Network®, provided by Early Warning Services, LLC. More than 250 financial institutions are leveraging one or both networks today.
JHA PayCenter provides a quicker, more cost effective, more efficient conduit to the faster payments' networks. The proprietary hub also enables financial institutions to accelerate time to market with proven faster payment solutions that expedite funds availability, improve cash flow, and ultimately improve the financial health of consumers and businesses. Since launching in 2018, JHA PayCenter has already processed more than $2 billion in faster payments and is expected to continue to increase adoption among regional and community financial institutions.
- More than 170 Jack Henry clients are live on the RTP network, representing over $800 million in processed transactions, with approximately 60 more scheduled for implementation. RTP Send capabilities were recently added, allowing financial institutions to support accountholders with the ability to seamlessly request payments.
- Financial institutions are expected to process over $3 billion via the Zelle Network® by the end of 2022. Jack Henry is supporting over 200 clients live with Zelle® with another 134 in various stages of the implementation process. Third-party digital platform providers can also take advantage of JHA PayCenter's seamless integration with the faster payment networks.
- Jack Henry is also working closely with the Federal Reserve's FedNowSM team on the network's development and will participate in the depository integration test environment.
Tede Forman, vice president, payment solutions at Jack Henry & Associates said, "Faster payments are quickly becoming competitive necessities for financial institutions and as practical uses cases continue to emerge, we expect demand will materially increase. We strategically built JHA PayCenter to support the diverse faster payments strategies of Jack Henry clients, financial institutions using third-party core and digital platforms, as well as other fintechs. The payments hub virtually eliminates the inherent technology and staffing challenges experienced by financial institutions that elect to build and maintain direct connections to one or multiple faster payments networks."
About The Clearing House
The Clearing House operates U.S-based payments networks that clear and settle more than $2 trillion each day through wire, ACH, check image, and real-time payments. It is the nation's most experienced payments company, with a long track record of providing secure and reliable systems, payments innovation, and strategic thought leadership to financial institutions. In 2017, The Clearing House revolutionized U.S. payments by introducing the RTP® network, which supports the immediate clearing and settlement of payments, along with the ability to exchange related payment information across the same secure channel. These RTP capabilities enable all financial institutions to offer safer, faster, and smarter digital transaction services for their corporate and retail customers. Learn more at https://www.theclearinghouse.org/.
About Zelle®
Brought to you by Early Warning Services, LLC, an innovator in payment and risk management solutions, Zelle® makes it fast, safe, and easy for money to move. The Zelle Network® connects financial institutions of all sizes, enabling consumers and businesses to send fast digital payments to people and businesses they know and trust with a bank account in the U.S. Funds are available directly in bank accounts generally within minutes when the recipient is already enrolled with Zelle®. To learn more about Zelle® and its participating financial institutions, visit www.zellepay.com.
About Jack Henry & Associates, Inc.
Jack Henry (NASDAQ: JKHY) is a leading SaaS provider primarily for the financial services industry. We are a S&P 500 company that serves more than 8,000 clients nationwide and goes to market through three distinct brands: Jack Henry Banking® provides innovative solutions to community and regional banks; Symitar® provides industry-leading solutions to credit unions of all sizes; and ProfitStars® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 45 years, we are well-positioned as a driving market force in cloud-based digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at https://www.jackhenry.com/pages/default.aspx.
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SOURCE Jack Henry & Associates, Inc. | https://www.wibw.com/prnewswire/2022/06/22/jack-henry-enables-faster-payments-more-than-250-financial-institutions/ | 2022-06-22T12:47:34Z |
- 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.wibw.com/prnewswire/2022/08/22/hagertys-newly-acquired-broad-arrow-auctions-exceeds-expectations-with-553-million-sales-inaugural-monterey-jet-center-event/ | 2022-08-22T20:48:57Z |
BOSTON, April 20, 2022 /PRNewswire/ -- Today, Vilas S. Dhar, a technologist, human rights advocate, and President of the Patrick J. McGovern Foundation, was named a 2022 Young Global Leader (YGL) by the World Economic Forum. Dhar is being recognized as a visionary leader at the intersection of philanthropy, technology, and civil society, bringing a unique sense of humanity to an increasingly digital future. The Young Global Leaders are an esteemed cohort of individuals under the age of 40, whose members have gone on to become Nobel Prize recipients, heads of state, CEOS of Fortune 500 companies, and Grammy Award winners.
As the head of a 21st-century philanthropy, Dhar is driving an ambitious agenda connecting technological capacity to grand social challenges ranging from climate change to the delivery of front-line health services - all while reshaping philanthropy in the process. As a global expert on artificial intelligence (AI), Dhar co-chairs the Global AI Action Alliance at the World Economic Forum, has orchestrated an unprecedented philanthropic merger with a technology-focused foundation, and launched an in-house Data and Society team that partners with non-profit organizations to create pathways to data maturity at scale.
"Vilas is reimagining the role of civil society in shaping our shared digital future. He recognizes the urgent opportunity to foster relationships between philanthropy, governments, and the private sector to ensure technological tools are being harnessed for people and outcomes over product," said Sir Bill English KNZM, former Prime Minister of New Zealand. "Vilas sees past the technology itself and pinpoints the precise ways in which tech, data science, and artificial intelligence can solve our most pressing human challenges."
Dhar brings a dynamic professional background to the YGL Class of 2022. His career has included work as a human rights lawyer, CEO, and board director, and he has served as the Gleitsman Fellow on Social Change at Harvard University, an Expert on AI for the Organisation for Economic Cooperation and Development, and a Senior Fellow of the Berggruen Institute. Dhar holds a J.D. from New York University School of Law, a Master's in Public Administration from the Harvard Kennedy School of Government, and dual Bachelor's degrees in Biomedical Engineering and Computer Science from the University of Illinois. He is currently completing his doctoral dissertation at the University of Birmingham, where his research drives novel approaches to economic and policy infrastructure for a data-enabled society to support and empower vulnerable populations.
The Forum of Young Global Leaders supports visionary changemakers in accelerating solutions to global challenges. Dhar embraces the opportunity to work with fellow YGLs to build within the civil sector the same technological capacity and expertise that drives private sector advancements, and to stand with communities to catalyze technological solutions. Through collaboration with civil society leaders, technologists, and policymakers across the YGL community, Dhar is determined to advance an ethically-grounded, tech-enabled future that amplifies the very best of our shared humanity.
The Patrick J. McGovern Foundation is a global 21st-century philanthropy bridging the frontiers of artificial intelligence, data science, and social impact to create a thriving, equitable, and sustainable future for all. The Foundation's work focuses on bringing together academia, practitioners, and civil society to pursue the potential of AI and data science to address some of the world's most urgent challenges.
Media contact:
George Mastoras
george.mastoras@mcgovern.org
(914) 489-5282
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SOURCE Patrick J. McGovern Foundation | https://www.wibw.com/prnewswire/2022/04/20/patrick-j-mcgovern-foundation-president-vilas-s-dhar-named-young-global-leader-by-world-economic-forum/ | 2022-04-20T09:55:51Z |
HELENA, Mont. (AP) — It’s been a month since a Montana judge temporarily blocked enforcement of a state law that required transgender people to undergo surgery before they could change their gender on their birth certificate, and the state still isn’t in compliance with the court order, the ACLU of Montana said.
Jon Ebelt, spokesperson for the state health department, said the agency is still working with the Department of Justice to review the April 21 ruling and its implications. He did not respond to an email asking if that meant the state was evaluating whether to appeal the order.
“We have continued to be patient in allowing the state time to comply with the court ordered preliminary injunction,” the ACLU of Montana said in a recent statement. “However, close to one month has passed and the State’s willful indifference to the court order is inexcusable.”
Montana is among a growing list of Republican-controlled states that have moved to restrict transgender rights, including requiring student-athletes to participate in sports based on their gender assigned at birth or making it illegal for transgender minors to be treated with hormones or puberty blockers.
Beginning in late 2017, transgender residents could apply to change the gender on their Montana birth certificate by filing a sworn affidavit with the health department. District Court Judge Michael Moses’ order requires the state to revert back to that process while the challenge to the new law is pending.
“The fact that the state refuses … evidences its lack of respect for the judiciary and utter disregard for the transgender Montanans who seek to have a birth certificate that accurately indicates what they know their sex to be,” the ACLU said.
If the state continues to violate the preliminary injunction, ACLU of Montana staff attorney Akila Lane said the organization would ask the court to step in.
“We’re only looking for the state to comply” with the preliminary injunction, Lane said Friday.
A week after the ruling was issued, Billings attorney Colin Gersten inquired about an updated gender designation application form on behalf of a friend. The Office of Vital Records responded saying: “We will contact you once we are able to discuss your options.”
Gersten made another inquiry about the proper form on May 11 and did not receive a reply, according to emails shared with The Associated Press.
Many transgender people choose not to undergo gender-confirmation surgeries. Such procedures are sometimes deemed unnecessary or too expensive, two transgender Montanans argued in their July 2021 lawsuit.
Republican state Sen. Carl Glimm, who sponsored the legislation, has argued that the Department of Public Health and Human Services overstepped its authority in 2017 by changing the designation on a birth certificate from “sex” to “gender” and then setting rules by which the designation could be changed.
Half the states, plus the District of Columbia, allow transgender residents to change the gender designation on their birth certificates without surgical requirements or court orders, according to the policy organization Movement Advancement Project. Just over a dozen states require surgical intervention, and such barriers are being challenged in several states, including Montana.
Over the past few years, other legislation has been aimed at transgender people, and the new laws are being challenged in court.
Alabama passed a law making it a felony to prescribe gender-confirming puberty blockers and hormones to transgender minors, but a judge has blocked the law. In Texas, Gov. Greg Abbott ordered child welfare officials to investigate parents of children receiving puberty blockers and other gender-confirming care as potential abuse. That, too, was blocked by a judge.
At least a dozen states have recently passed laws to ban transgender girls and women from participating in female sports, most recently Utah. | https://cw33.com/health/ap-health/montana-not-following-transgender-birth-certificate-ruling/ | 2022-05-21T17:02:08Z |
MEMPHIS, Tenn., July 13, 2022 /PRNewswire/ -- Pittco Management, LLC, a single-family office located in Memphis, TN, has appointed Jon Hottinger as Principal, Investments. In his new role, Jon will oversee a portion of Pittco's alternatives portfolio. This will include sourcing and overseeing the hedged equities, absolute return, and energy/natural resources strategies.
"Jon brings a much-needed skillset to our investment team. His career to date and accomplishments are impressive and the perspective that comes with his over 16 years of investment banking experience will be of immediate value. I am excited to welcome Jon to Pittco," said Henry Guy, Pittco President & Chief Investment Officer.
Over his 20-plus year career, Jon has served as a trusted advisor to corporate executives, private equity firms, entrepreneurs, business owners, and high net worth families on acquisitions, divestitures, business strategy, and investments. He joins Pittco following many years in investment banking at FORVIS Corporate Finance, BB&T Capital Markets, and Avitas Capital. Additionally, Jon spent five years as Director of Corporate Development for Synalloy Corporation. In these roles, Jon led and executed more than 25 business acquisitions and divestitures totaling more than $1.6 billion in value. Jon began his career with a boutique technology and management consulting firm and, after business school, worked for a single-family office in New York City. He holds an MBA from Vanderbilt University and a BS in Systems Engineering from the University of Virginia.
When asked about this new transition, Jon said "joining Pittco is a once-in-a-career opportunity. I am thrilled to work with talented and service-minded colleagues to support, honor and enhance the Hyde family's incredible legacy of entrepreneurship and engaged philanthropy."
Pittco Management is a single-family office for the family of Pitt Hyde, founder of AutoZone, and his wife, Barbara. Pittco was established over 30 years ago, and provides investment, accounting, tax and financial services from its headquarters in Memphis, Tennessee.
Media Contact:
Pittco Management, LLC
media@pittcomanagement.com
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SOURCE Pittco Management, LLC | https://www.wibw.com/prnewswire/2022/07/13/pittco-adds-jon-hottinger-principal-investments/ | 2022-07-13T15:39:42Z |
- Three-year data from the BE BRIGHT open-label extension study are being presented at the 31st EADV Congress
- Over eight out of 10 patients who achieved complete skin clearance (PASI 100) at week 16 maintained PASI 100 responses and health-related quality of life outcomes through to three years
- Analysis of pooled safety data from up to three years of treatment in Phase 2 and 3 clinical trials showed bimekizumab was generally well tolerated with no new safety signals identified over three years
BRUSSELS and ATLANTA, Sept. 7, 2022 /PRNewswire/ -- UCB, a global biopharmaceutical company, today announced new three-year results from the BE BRIGHT open-label extension (OLE) study evaluating the long-term safety, tolerability and efficacy of bimekizumab in adults with moderate to severe plaque psoriasis who completed one of three pivotal Phase 3 studies.1 These data, together with a three-year safety analysis of pooled data from Phase 2 and Phase 3 studies,2 are being presented at the 31st European Academy of Dermatology and Venereology (EADV) Congress in Milan, Italy, September 7-10. A total of 11 abstracts highlighting data related to bimekizumab in psoriasis are being presented at the congress.
Data presented from the BE BRIGHT OLE study showed that over eight out of 10 patients who achieved complete skin clearance (PASI 100) following 16 weeks of bimekizumab treatment maintained PASI 100 response and health-related quality of life outcomes through to three years with continuous maintenance dosing. In addition, approximately nine out of 10 patients who achieved absolute PASI (PASI ≤2) at week 16 maintained this response through to three years.1 Pooled data from up to three years of treatment in Phase 2 and 3 clinical trials showed that bimekizumab was generally well-tolerated over this period with no safety signals identified.2 Bimekizumab is an investigational product; its efficacy and safety have not been established for any indication in the U.S. and it is not approved by the U.S. Food and Drug Administration (FDA).
"These positive results highlight the deep and long-lasting skin clearance achieved with bimekizumab, along with a consistent safety and tolerability profile, and reinforce the positive relationship clearing skin has on patients' quality of life. These new data add to the growing body of evidence supporting longer-term use of bimekizumab in moderate to severe plaque psoriasis," said Emmanuel Caeymaex, Executive Vice President, Immunology Solutions and Head of U.S., UCB.
"The findings presented today show that bimekizumab provided maintenance of completely clear skin and health-related quality of life outcomes in the majority of patients with moderate to severe plaque psoriasis over a three year period," said Dr. Bruce Strober, Clinical Professor of Dermatology at Yale University, New Haven, Conn. "The goal of psoriasis treatment often is complete clearance of skin symptoms, and the availability of long-term data across treatment options is important since it supports healthcare providers and patients to be more informed when making treatment decisions."
All patients who had completed one of the pivotal Phase 3 studies (BE SURE, BE VIVID and BE READY) were eligible to enter the BE BRIGHT OLE study.1 On OLE entry, patients were assigned to bimekizumab 320 mg every four weeks (Q4W) or every eight weeks (Q8W) based on PASI 90 response at the end of the respective Phase 3 study.
In all bimekizumab-randomized patients: 1¥
- Among week 16 PASI 100 responders (N=503), 89.3 percent achieved PASI 100 at year one (week 52) and 82.0 percent at year three (OLE week 96)
- Among week 16 PASI ≤2 responders (N=694), 96.5 percent achieved PASI ≤2 at year one (week 52) and 94.2 percent at year three (OLE week 96)
- Among week 16 PASI 100 responders in BE SURE and BE READY only (N=330), 92.0 percent achieved the Dermatology Life Quality Index (DLQI) 0/1 at year one (week 56), and 88.0 percent at year three (OLE week 96)
In bimekizumab-randomized patients (320 mg Q4W for 16 weeks, and then every eight weeks [Q8W] through three years, BE SURE and BE READY only):1¥
- Among week 16 PASI 100 responders (N=147), 93.6 percent achieved PASI 100 at year one (week 52) and 84.4 percent at year three (OLE week 96)
- Among week 16 PASI ≤2 responders (N=189), 98.9 percent achieved PASI ≤2 at year one (week 52) and 96.8 percent at year three (OLE week 96)
- Among week 16 PASI 100 responders (N=147), 95.8 percent achieved DLQI 0/1 at year one (week 56) and 92.5 percent at year three (OLE week 96)
Total bimekizumab exposure was 4245.3 patient-years (PY; N=1789) across the Phase 2 and 3 trials, and 3876.4 PY (N=1495; Q4W: 1965.6 PY; Q8W: 1914.5 PY) in the Phase 3 trials.2 Treatment emergent adverse events (TEAEs) occurred at an exposure-adjusted incidence rate (EAIR) of 186.1 per 100 PY: serious TEAEs were seen at an EAIR of 5.6 new cases per 100 PY and TEAEs leading to discontinuation at 3.5 new cases per 100 PY.2
The most common TEAEs in the Phase 2 and 3 trials with bimekizumab were nasopharyngitis, oral candidiasis and upper respiratory tract infection at EAIRs of 15.3, 10.2 and 7.1 new cases per 100 PY, respectively.2 The EAIR for oral candidiasis showed a decrease compared with two years of bimekizumab treatment (10.2 versus 12.6 new cases per 100 PY) and was lower with bimekizumab dosed Q8W compared with Q4W (7.1 and 15.9 per 100 PY, respectively).2 The vast majority of oral candidiasis events were mild to moderate (99.4 percent), and none were serious.2 Serious infections occurred at a rate of 1.2/100 PY. The most frequently reported were serious coronavirus infections (0.2 per 100 PY).2
¥ Modified non-responder imputation analyses
Notes to editors :
BE BRIGHT (NCT03598790) is an ongoing, multicenter, open-label extension study assessing the long-term safety, tolerability and efficacy of bimekizumab in adult patients with moderate to severe chronic plaque psoriasis.3 Patients who completed one of three bimekizumab Phase 3 studies, BE READY, BE VIVID and BE SURE, were eligible to enroll in the BE BRIGHT study.4 More details on BE BRIGHT can be found at ClinicalTrials.gov.3
BE VIVID, BE READY and BE SURE evaluated the efficacy and safety of bimekizumab in the treatment of adults with moderate to severe plaque psoriasis versus placebo and ustekinumab, versus placebo, and versus adalimumab, respectively.4,5,6
Psoriasis is a chronic inflammatory disease with primary involvement of the skin.7 Psoriasis signs and symptoms can vary but may include red patches of skin covered with silvery scales; dry, cracked skin that may bleed; and thickened, pitted or ridged nails.8 Psoriasis also has a considerable psychological and quality-of-life impact, potentially affecting work, recreation, relationships, sexual functioning, family and social life.9 This skin condition affects men and women of all ages and ethnicities.7
Bimekizumab is a humanized monoclonal IgG1 antibody that is designed to selectively inhibit both interleukin 17A (IL-17A) and interleukin 17F (IL-17F), two key cytokines driving inflammatory processes.10,11
In August 2021, bimekizumab was approved in the European Union (EU)/European Economic Area (EEA) and in Great Britain, for the treatment of moderate to severe plaque psoriasis in adults who are candidates for systemic therapy.10,12 In January 2022, bimekizumab received marketing authorization in Japan for the treatment of plaque psoriasis, generalized pustular psoriasis and psoriatic erythroderma in patients who are not sufficiently responding to existing treatments.13 In February and March 2022, bimekizumab was approved in Canada and Australia, respectively, for the treatment of moderate to severe plaque psoriasis in adults who are candidates for systemic therapy or phototherapy.14,15
Bimekizumab is an investigational product; its efficacy and safety have not been established for any indication in the U.S. and it is not approved by the U.S. Food and Drug Administration (FDA).
For further information, contact UCB:
Investor Relations
Antje Witte
T +32.2.559.94.14
email antje.witte@ucb.com
U.S. Immunology Communications
Nicole Herga
T +1.404.226.7591
email nicole.herga@ucb.com
UCB, Brussels, Belgium (www.ucb.com) is a global biopharmaceutical company focused on the discovery and development of innovative medicines and solutions to transform the lives of people living with severe diseases of the immune system or of the central nervous system. With approximately 8,600 people in approximately 40 countries, the company generated revenue of €5.8 billion in 2021. UCB is listed on Euronext Brussels (symbol: UCB). Follow us on Twitter: @UCB_news.
This press release may contain forward-looking statements including, without limitation, statements containing the words "believes", "anticipates", "expects", "intends", "plans", "seeks", "estimates", "may", "will", "continue" and similar expressions. These forward-looking statements are based on current plans, estimates and beliefs of management. All statements, other than statements of historical facts, are statements that could be deemed forward-looking statements, including estimates of revenues, operating margins, capital expenditures, cash, other financial information, expected legal, arbitration, political, regulatory or clinical results or practices and other such estimates and results. By their nature, such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions which might cause the actual results, financial condition, performance or achievements of UCB, or industry results, to differ materially from those that may be expressed or implied by such forward-looking statements contained in this press release. Important factors that could result in such differences include: the global spread and impact of COVID-19, changes in general economic, business and competitive conditions, the inability to obtain necessary regulatory approvals or to obtain them on acceptable terms or within expected timing, costs associated with research and development, changes in the prospects for products in the pipeline or under development by UCB, effects of future judicial decisions or governmental investigations, safety, quality, data integrity or manufacturing issues; potential or actual data security and data privacy breaches, or disruptions of our information technology systems, product liability claims, challenges to patent protection for products or product candidates, competition from other products including biosimilars, changes in laws or regulations, exchange rate fluctuations, changes or uncertainties in tax laws or the administration of such laws, and hiring and retention of its employees. There is no guarantee that new product candidates will be discovered or identified in the pipeline, will progress to product approval or that new indications for existing products will be developed and approved. Movement from concept to commercial product is uncertain; preclinical results do not guarantee safety and efficacy of product candidates in humans. So far, the complexity of the human body cannot be reproduced in computer models, cell culture systems or animal models. The length of the timing to complete clinical trials and to get regulatory approval for product marketing has varied in the past and UCB expects similar unpredictability going forward. Products or potential products, which are the subject of partnerships, joint ventures or licensing collaborations may be subject to differences disputes between the partners or may prove to be not as safe, effective or commercially successful as UCB may have believed at the start of such partnership. UCB's efforts to acquire other products or companies and to integrate the operations of such acquired companies may not be as successful as UCB may have believed at the moment of acquisition. Also, UCB or others could discover safety, side effects or manufacturing problems with its products and/or devices after they are marketed. The discovery of significant problems with a product similar to one of UCB's products that implicate an entire class of products may have a material adverse effect on sales of the entire class of affected products. Moreover, sales may be impacted by international and domestic trends toward managed care and health care cost containment, including pricing pressure, political and public scrutiny, customer and prescriber patterns or practices, and the reimbursement policies imposed by third-party payers as well as legislation affecting biopharmaceutical pricing and reimbursement activities and outcomes. Finally, a breakdown, cyberattack or information security breach could compromise the confidentiality, integrity and availability of UCB's data and systems.
Given these uncertainties, you should not place undue reliance on any of such forward-looking statements. There can be no guarantee that the investigational or approved products described in this press release will be submitted or approved for sale or for any additional indications or labelling in any market, or at any particular time, nor can there be any guarantee that such products will be or will continue to be commercially successful in the future.
UCB is providing this information, including forward-looking statements, only as of the date of this press release and it does not reflect any potential impact from the evolving COVID-19 pandemic, unless indicated otherwise. UCB is following the worldwide developments diligently to assess the financial significance of this pandemic to UCB. UCB expressly disclaims any duty to update any information contained in this press release, either to confirm the actual results or to report or reflect any change in its forward-looking statements with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless such statement is required pursuant to applicable laws and regulations.
Additionally, information contained in this document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction.
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SOURCE UCB, Inc. | https://www.wibw.com/prnewswire/2022/09/07/new-three-year-bimekizumab-data-reinforce-long-term-maintenance-complete-skin-clearance-moderate-severe-plaque-psoriasis/ | 2022-09-07T12:05:50Z |
NEW YORK, April 5, 2022 /PRNewswire/ -- OUOZZZ is a doll brand that believes in the power of smiles and commits to giving humanistic care to children, including those with depression and anxiety disorders. Inspired by the beauty and power of African-American fashion styles, OUOZZZ is now having its new characters on archetypes of inclusive skin-toned girls who have "Afro" hairstyles.
Looking back at the history of fashion evolution, many female icons wearing natural afros set a precedent for what it means to be "IT" girls—to embrace and take pride in their natural beauty. OUOZZZ believes beauty coming in all colors and the newly released products speak to its will: children who play, cuddle and hug to sleep with OUOZZZ dolls will feel happy, confident, and more represented.
OUOZZZ genuinely understands children and designs dolls to truly address their needs. When playing with dolls, children want to feel like spending time with their closest friends, and dolls are someone they can trust and develop a sense of belonging with, rather than simply sleeping partners. By releasing the new line iFrodoll, OUOZZZ wants to convey the message to its customers, especially baby girls, that they are always supported to be confident in their own looks, regardless of their race, ethnicity, or background, and they should be brave enough to fight the stereotypical standard of beauty.
The new iFrodoll line has three different characters which are the cute girl Nevaeh, the sleeping Dora, and the outgoing Ash. And instead of leaving it at that, OUOZZZ also creates a sub-category of accessories based on the characters, like backpacks and blankets matching the dolls, to offer a more complete experience for children.
Before iFrodoll, OUOZZZ's doll family has four characters: the sleeping Iris, the gentle Abby, the joyful Becky, and the brave boy Carl. OUOZZZ dolls are designed to bring smiles to children, with textures that are often cited as "incredibly soft" and "super comfortable" by its fans. Now by releasing the new line, OUOZZZ is growing as a brand not only innovative and caring but also inclusive.
About OUOZZZ
Designed by a new dad, OUOZZZ is a subordinate brand of Starpony. Starpony is a professional toy company that aims to design and create world-class toys while providing an extraordinary customer experience. Starpony devotes itself to enriching families and providing educational toys by inspiring creativity and sparking curiosity.
OUOZZZ products are sold on Amazon and Walmart.
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SOURCE OUOZZZ | https://www.kxii.com/prnewswire/2022/04/06/ouozzz-launches-new-dolls-make-inclusive-skin-toned-children-feel-more-represented/ | 2022-04-06T10:06:15Z |
The HR Tech Awards recognized When I Work for giving autonomy to employees while serving employers' core business needs
MINNEAPOLIS, May 18, 2022 /PRNewswire/ -- Today When I Work, the market leader in shift-based workforce management software, received a 2022 HR Tech Award from Lighthouse Research & Advisory. When I Work won for Best SMB-Focused (Small and Midsize Business) Solution in the Core HR/Workforce category.
The HR Tech Awards recognize solutions that are purpose-built to serve employers and the workforce and address HR problems that customers truly care about.
The program is judged by a panel of independent practitioners, consultants, and educators providing inputs on each submission.
"Our data show that one of the highest priorities for employees is having more autonomy in their work," said Ben Eubanks, chief research officer at Lighthouse Research & Advisory. "Solutions like When I Work help by putting the power into the hands of every employee, helping them clock in, swap shifts and communicate securely with their leaders. On the employer side, this supports compliance needs, insights to reduce overtime costs and more."
"We're incredibly proud of this recognition from Lighthouse Research & Advisory," said Martin Hartshorne, CEO of When I Work. "Our company's mission is to make shift work awesome and we are excited to keep finding new ways to deliver on that mission while serving the unique needs of small and midsize shift-based workplaces and their employees."
About When I Work
When I Work is a market leader in shift-based workforce management software and delivers a powerful, employee-first experience that creates happier and more productive teams. Trusted by more than 200,000 workplaces worldwide, When I Work puts scheduling and collaboration at the center of workplace operations and brings empathy, agility, and consumer simplicity to organizations of all sizes. For more information, please visit wheniwork.com.
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SOURCE When I Work | https://www.kxii.com/prnewswire/2022/05/18/when-i-work-receives-2022-hr-tech-award-best-smb-focused-solution/ | 2022-05-18T19:52:22Z |
Shesterkin, Chytil help Rangers top Hurricanes, force Game 7
By VIN A. CHERWOO
AP Sports Writer
NEW YORK (AP) — Igor Shesterkin stopped 37 shots and became the fifth goalie to have two assists in a playoff game, Filip Chytil scored twice in the second period and the New York Rangers beat the Carolina Hurricanes 5-2 to force a deciding Game 7 in their second-round series. Tyler Motte, Mika Zibanejad and Artemi Panarin also scored and Adam Fox had two assists. The Rangers set a franchise record with their sixth straight home win this postseason and won their fourth straight elimination game. Brady Skjei had a goal and an assist, and Vincent Trochek also scored for the Hurricanes. Carolina became the first team to lose its first six road games in a postseason. Game 7 is in Raleigh, North Carolina, on Monday night. | https://localnews8.com/sports/ap-national-sports/2022/05/28/shesterkin-chytil-help-rangers-top-hurricanes-force-game-7/ | 2022-05-29T04:46:05Z |
SAN FRANCISCO, June 14, 2022 /PRNewswire/ -- Infinitus Systems, Inc., the leading VoiceRPA company focused on reducing time to therapy for patients via automation, today announced that it has received the 2021 Google Cloud Social Impact Partner of the Year - Healthcare award. Infinitus was recognized for the company's achievements in the Google Cloud ecosystem, creating and promoting initiatives that made a positive and lasting impact on the world.
Infinitus helps patients get access to therapies as quickly as possible by automating the tedious, manual communications that happen between various healthcare backoffices. This automation enables its customers to support more patients and to focus on the more creative and empathetic parts of their healthcare businesses by reducing administrative burden. Infinitus built a SOC 2 Type II compliant automation platform that transforms its customers' phone calls into API calls. Infinitus receives requests for a variety of routine, healthcare phone calls via secure, HIPAA compliant APIs and then completes the entire call process, from initiating calls, sitting on hold, interacting with humans on the other end of the line, to returning required information back to its customers via secure APIs. Through its platform, Infinitus is Taking Healthcare Off HoldTM.
In early 2021, the team learned that VaccinateCA volunteers were calling hundreds of local pharmacies daily to check for vaccine availability and were seeking help to improve their coverage of Covid-19 sites. "We immediately asked ourselves: how can our platform help this volunteer effort? Four days later we were automating calls to more than 2500 pharmacies per day across eight states and increasing the efficacy of the volunteer callers by an order of magnitude", said Shyam Rajagopalan, Infinitus Co-Founder and CTO. "We are proud to be recognized for this effort and glad that our platform could help our community in this time of need."
"Over the last year, Infinitus Systems has demonstrated its continued commitment to helping drive positive outcomes across healthcare with innovative technology and solutions, resulting in long-lasting and impactful outcomes for customers and their communities," said Bronwyn Hastings, VP of Global ISV Partnerships and Channels, Google Cloud. "We're proud to recognize Infinitus Systems as Social Impact Partner of the Year for Healthcare."
To meet the needs of its existing and growing customer base, including three of the four Fortune 10 companies in healthcare, Infinitus is continuing to invest in hiring diverse top talent across the entire organization. Today, Infinitus is also excited to announce the appointment of Renee Covi as Operations Lead. Covi brings more than 20 years of experience leading teams of leaders and tens of thousands of employees across Operations and Product groups at companies like Amazon and Wells Fargo. She has a BA from Harvard University and an MBA from UCLA.
"We're delighted to welcome Renee Covi to Infinitus' leadership team at this exciting time for our company and industry," said Ankit Jain, Infinitus CEO and Co-Founder. "Renee is a proven leader with an impressive track record driving operational rigor and growing teams. Given her experience with both enterprises and fast-growing companies, I am confident that Renee will scale our operations and help us deliver on our mission to reduce time to therapy for patients."
Despite clear and growing evidence that diverse teams contribute to better financial outcomes, women in tech hold less than 28% of the leadership positions according to a 2021 report by BCG. With the addition of Covi to the leadership team, women now make up more than half of the Infinitus leadership team and more than 56% of people managers at the company are women.
In addition to the new Operations Lead position, Infinitus plans to further expand its leadership team and double its overall employee headcount by the end of the year to meet growing demand for its healthcare automation. For more information about open positions, please visit infinitus.ai/careers.
Infinitus Systems is a healthcare-focused conversational AI company. Infinitus' automation platform is SOC 2 Type II compliant and leverages HIPAA compliant APIs. Headquartered in San Francisco, CA, the Great Place to Work® certified company was founded in 2019 by Ankit Jain and Shyam Rajagopalan, leaders in scalable AI responsible for Google Play, Google Login and Snapchat Security. The company has raised over $50M to date and is backed by top tier VCs including Kleiner Perkins, Coatue Management and GV (formerly Google Ventures) as well as many healthcare and tech industry veterans.
Learn more at www.infinitus.ai
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SOURCE Infinitus Systems, Inc. | https://www.wibw.com/prnewswire/2022/06/14/infinitus-systems-wins-google-cloud-social-impact-partner-year-healthcare-2021-award/ | 2022-06-14T17:51:46Z |
Mr. Rubino to join from Edelman Financial Engines to lead the firm's retirement business
Brant Wong appointed as Head of Retirement Platform across product, service and sales
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- J.P. Morgan Asset Management today announced the appointment of Steve Rubino as Head of Retirement and Chair of the firm's Defined Contribution Operating Committee (DCOC), commencing September 14.
Mr. Rubino brings nearly 30 years of experience in financial services and fintech, having spent the last two decades driving growth & transformation at the helm of workplace retirement & innovation at Edelman Financial Engines.
As Head of Retirement and DCOC Chair, Mr. Rubino will lead J.P. Morgan Asset Management's $255B workplace retirement business, developing and executing the firm's retirement strategy, managing the group's distribution teams, and working closely with investment teams on new product development, including retirement income solutions and next generation target date funds. He will report to Andrea Lisher, Head of Americas, Client, J.P. Morgan Asset Management.
"Retirement is at heart of all we do, and we're firmly committed to driving stronger retirement outcomes for all Americans," said George Gatch, Chief Executive Officer, J.P. Morgan Asset Management. "We are uniquely positioned to leverage the scale and reach of JPMorgan Chase to help individuals cross the retirement finish line, and we are thrilled to have someone of Steve's caliber head up our retirement efforts."
"Steve's deep passion for workplace retirement, his proven distribution leadership and his differentiated fintech experience are highly complementary to our existing strengths and aligned with changing industry dynamics" said Andrea Lisher, Head of Americas, Client at J.P. Morgan Asset Management. "We have exceptional people, solutions and insights dedicated to helping Americans retire with dignity, and I am thrilled to welcome Steve to lead our next leg of growth."
The firm also announced that Brant Wong will expand his role to lead J.P. Morgan Asset Management's retirement platform businesses, Everyday 401k and Retirement Link, across product, service and sales as Head of Retirement Platform. Mr. Wong will continue to head the firm's Retirement National Accounts efforts, reporting to Steve Rubino and will join the Americas Client Leadership Team. Mr. Wong has been a key member of J.P. Morgan Asset Management's workplace retirement efforts since its inception and responsible for building many foundational aspects of the business.
The appointment of Mr. Rubino and expansion of Mr. Wong's role follows on from the recent appointment of Investment Specialist Daniel Yem to support business & product strategy across the firm's Defined Contribution business, including product innovation across J.P. Morgan's target date and retirement income strategies.
Steve will join J.P. Morgan Asset Management from Edelman Financial Engines (EFE) where his time spans nearly 20 years, most recently as Head of Workplace Distribution and Innovation, responsible for leading direct sales and distribution partnerships, relationship management, consultant and advisor relations, and innovation efforts. In this role, Steve became a key member of the executive leadership team that grew EFE from a start-up to the largest independent Registered Investment Advisor (RIA) in America with over $240 billion in AUM.
Prior to this, he was Head of Distribution and Institutional Services at EFE, leading the overall institutional business. While at EFE, Steve founded the Edelman Financial Engines Client Advisory Council, a board of senior executives representing the largest companies in the U.S. Steve also helped bring to market retirement income solutions deployed by hundreds of leading employers.
Before his time at EFE, Steve held roles in relationship management at Thomson Financial (now Thomson Reuters) and as an analyst at State Street Corporation. Steve has an M.B.A. from Suffolk University and a B.A. in Economics from Denison University. He is a member of the American Benefits Council's Retirement Income Task Force and Defined Contribution Institutional Investment Association.
J.P. Morgan Asset Management, with assets under management of $2.5 trillion (as of 6/30/2022), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.
J.P. Morgan Asset Management is the marketing name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorgan Chase had $3.8 trillion in assets and $286.1 billion in stockholders' equity as of June 30, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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SOURCE J.P. Morgan Asset Management | https://www.mysuncoast.com/prnewswire/2022/08/22/jp-morgan-asset-management-hires-steve-rubino-head-retirement/ | 2022-08-22T14:23:33Z |
BEIJING, May 2, 2022 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading cross-border career educational and technology service provider, today announced that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission (the "SEC") on May 2, 2022.
The Annual Report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov. The Company will provide a hard copy of the Annual Report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to ir@ambow.com or the Company's Investor Relations at Ambow Education Holding Ltd., 12th Floor, Tower 1, Financial Street, Chang'an Center, Shijingshan District, Beijing 100043, China.
About Ambow Education Holding Ltd.
Ambow Education Holding Ltd. is a leading cross-border career educational and technology service provider, offering high-quality, individualized services and products. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in China and the United States of America.
Follow us on Twitter: @Ambow_Education
For investor and media inquiries please contact:
Ambow Education Holding Ltd.
Tel: +86 10-6206-8000
Email: ir@ambow.com
The Piacente Group | Investor Relations
Tel: +1 212-481-2050 or +86 10-6508-0677
Email: ambow@tpg-ir.com
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SOURCE Ambow Education Holding Ltd. | https://www.wibw.com/prnewswire/2022/05/02/ambow-files-its-annual-report-form-20-f-fiscal-year-2021/ | 2022-05-02T22:30:42Z |
VANCOUVER, BC, June 8, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$0.30 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 8, 2022 to shareholders of record on June 22, 2022. The quarterly dividend has been increased from the prior US$0.25 per share in order to distribute a substantially similar amount of capital to investors through the dividend in light of the share count reduction resulting from execution of the current normal course issuer bid as well as completion of the recent substantial issuer bid.
"Providing a sustainable quarterly dividend remains a key priority within West Fraser's capital allocation strategy, and we are pleased to increase our dividend this quarter and to have completed the recent actions we've taken to return capital to our shareholders," said Ray Ferris, West Fraser's President & CEO.
Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our website at www.westfraser.com in the "Investors/Stock Information/Dividends" section.
About West Fraser
West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe. From responsibly sourced and sustainably managed forest resources, the Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals, and renewable energy. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers, tissue, and box materials.
Forward-Looking Statements
This news release contains forward-looking information or forward-looking statements (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities laws, including statements relating to our capital allocation strategy and the sustainability of our quarterly dividend. Any such forward-looking statements are based on information currently available to us and are based on assumptions and analyses made by us in light of our experience and our perception of historical trends and current conditions. Readers should also refer to the risk factors set forth in the Company's annual information form and management's discussion and analysis for the year ended December 31, 2021, each dated February 15, 2022, available at SEDAR (www.sedar.com) and EDGAR (www.sec.gov/edgar.shtml). There can be no assurance that the plans, intentions or expectations upon which forward-looking statements are based will be realized. Actual results may differ, and the difference may be material and adverse to the Company and its shareholders.
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SOURCE West Fraser Timber Co. Ltd. | https://www.kxii.com/prnewswire/2022/06/08/west-fraser-increases-quarterly-dividend/ | 2022-06-08T12:09:25Z |
DAVIS, Calif., May 23, 2022 /PRNewswire/ -- ELEVAI LABS, INC., ("ELEVAI" or the "Company") a science-based, data-driven regenerative aesthetic skincare company is pleased to announce it has retained Univest Securities, LLC for investment banking and advisory services.
About Univest Securities, LLC
Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally including brokerage and execution services, sales and trading, market making, investment banking and advisory, wealth management. It strives to provide clients with value-add service and focuses on building long-term relationship with its clients. For more information, please visit: www.univest.us.
Graydon Bensler stated "We are very enthusiastic to be able to work with Univest Securities. Not only does the team have an impressive track record with go-public transactions in the healthcare and technology space, but are sophisticated and clearly taking a long-term fundamental based partnership approach to each client".
About ELEVAI LABS, INC.
ELEVAI LABS, INC. is a medical aesthetic biotechnology company developing cutting-edge regenerative skincare applications. The company solves the unmet needs in the regenerative aesthetics space through a combination of cutting-edge science and next-generation consumer applications. Elevai Labs develops state-of-the-art topic aesthetic and pharmaceutical-grade skin care for the physician-dispensed market, with a focus on leveraging stem cell exosome technology. Learn more about Elevai Labs at www.elevaiskincare.com.
For further information: Kendra Ciardiello, Associate Director, Contact@ELEVAILabs.com, 1-866-794-4940 CO: ELEVAI Labs Inc.
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SOURCE Elevai Labs Inc. | https://www.mysuncoast.com/prnewswire/2022/05/24/elevai-labs-inc-is-pleased-announce-it-has-retained-leading-wall-street-investment-bank-univest-securities-llc/ | 2022-05-24T02:00:57Z |
AUGUSTA, Ga., June 21, 2022 /PRNewswire/ -- U-Haul® is announcing plans for a state-of-the-art retail, moving and self-storage facility at an undeveloped site at 1070 Claussen Road in Augusta.
U-Haul Moving & Storage of River Watch is scheduled for completion by June 2024. The Company's preliminary plans call for the creation of a four-story building with indoor climate-controlled self-storage, outdoor drive-up storage buildings, and a separate U-Box® portable storage container warehouse.
The facility will offer more than 700 ADA-accessible self-storage rooms with high-tech security features at affordable price points. Customers will also have access to U-Haul truck and trailer sharing, moving supplies and boxes, towing equipment, professional hitch installation, propane and much more. U-Haul acquired the 10.76-acre property on June 14.
Reserve equipment at uhaul.com or contact Reservations at 1-800-GO-UHAUL.
"This property has great visibility from the interstate and River Watch Parkway, making it an attractive location for a full-service U-Haul center," said Kevin Anderson, U-Haul Company of South Carolina president whose territory includes eastern Georgia. "Home to The Masters® golf tournament, Augusta is a growing community. We see thousands of visitors every year, many of whom set their sights on moving here. With all the growth we're seeing in and around Augusta, there is a clear need for us to expand operations and offer residential mobility to more families."
Anderson intends to hire at least 20 Team Members to staff the new store. U-Haul will look to hire locally to promote job growth within the Augusta community. U-Haul, honored as a "Best for Vets 2020" leading veteran-friendly employer by The Military Times, actively recruits veterans and gives them preference in the hiring process. Find U-Haul careers at uhauljobs.com.
"We're eager to get to work and create a state-of-the-art facility that everyone here can be proud of," Anderson added. "The northern Augusta and Martinez neighborhood is underserved in terms of quality self-storage. Our U-Haul dealers in Martinez are also some of the busiest in the region, so we hope to alleviate some of the stress on our dealer network and attend to that demand with a beautiful new Company store."
U-Haul dealers in and around Augusta continue to be available to serve DIY movers. U-Haul has partnered with independent dealers to offer rental equipment since 1945. During these challenging times for small businesses, more than 21,000 dealers across the U.S. and Canada are generating supplemental income through their U-Haul partnership. When customers rent from U-Haul dealers, they are directly supporting small businesses in their community. Because no financial investment is required, dealers are not U-Haul franchises. They are simply small businesses committing their lot space for U-Haul equipment and their time to meet the mobility needs of customers. Learn more about how to partner with U-Haul by visiting uhaul.com/dealer.
About U-HAUL
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers 876,000 rentable storage units and 75.1 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.
Contact:
Andrea Batchelor
Jeff Lockridge
E-mail: publicrelations@uhaul.com
Phone: 602-263-6981
Website: uhaul.com
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SOURCE U-Haul | https://www.wibw.com/prnewswire/2022/06/21/coming-augusta-u-haul-building-moving-storage-facility-by-2024/ | 2022-06-21T18:11:42Z |
Waguespack To Be Only Transgender Leader Of A National Homelessness and Housing Justice Organization
NEW YORK, July 25, 2022 /PRNewswire/ -- Today, True Colors United's Board of Directors announced Dylan Waguespack as the organization's next Chief Executive Officer. Waguespack, who has been serving as Chief Policy Officer at True Colors United, will immediately assume the role.
"Over the past three years, we have witnessed Dylan Waguespack's strategic, empathetic, and inspiring leadership as he helped advance True Colors United's mission to implement innovative solutions to youth homelessness," said Cyndi Lauper, Lisa Barbaris, and Gregory Lewis, Co-Founders of True Colors United. "We could not be more excited for him becoming Chief Executive Officer and demonstrating those same qualities as True Colors United navigates the challenging times the world finds itself in. Our collective work to center equity and the needs of LGBTQ+ and BIPOC youth are more crucial than ever. We are grateful and confident that Dylan will further build upon the collaborative advancements True Colors United has made over the past 15 years to ensure that every young person has a safe, stable place to call home and are able to be their true selves."
Waguespack, who identifies as transgender and nonbinary and uses he/him and they/them pronouns, grew up in Louisiana and brings his lived experience of homelessness as a young person to the position. He will become the only transgender leader of a national homelessness and housing justice organization.
"I'm thrilled to have been chosen as the new CEO at True Colors United and continue my work with this brilliant team as we enter our exciting new chapter. Young people are powerful and change the world every day. I'm excited to continue to deepen our investment in youth action, because only through the leadership of people with lived experience of homelessness will we achieve housing justice together," Waguespack said. "I look forward to adding to the strong foundation that's been laid over the past fifteen years by our outgoing CEO and co-founder Gregory Lewis. As a trans person from the deep south with lived experience of homelessness, I know what it's like to navigate systems that are built to work against you. In my new role, I will stand shoulder-to-shoulder with young people in breaking down systemic barriers, fighting for liberation, and building a future where all of us have the freedom of self-expression and self-determination."
Waguespack's selection caps a national search process facilitated by Koya Partners, an executive search firm. A broad candidate pool was narrowed in stages by a diverse search committee.
Waguespack joined True Colors United in 2019, where he developed, directed, and implemented the organization's federal, state, and local administrative and legislative public policy agenda. He also served as the organization's primary spokesperson and is a trusted thought leader within the housing justice and LGBTQ equality movements. In 2021, Waguespack led the on-the-ground media and advocacy response to anti-trans bills introduced in the Louisiana Legislature, and his work ultimately helped defeat each bill.
At True Colors United, Waguespack achieved a number of other notable wins, including co-designing and co-chairing a national campaign that secured a record-breaking 66,000+ public comments in opposition to the Trump Administration's proposed rule in 2020 that would have gutted protections for transgender and gender-nonconforming people experiencing homelessness. The proposal was ultimately defeated. In 2020, he also co-founded House of Tulip, a Community Land Trust, in New Orleans to create permanent housing solutions for transgender and gender-nonconforming people experiencing homelessness in response to the economic devastation of the COVID-19 pandemic. As the primary fundraiser, he secured more than $1.5 million in foundation, major donor, and grassroots funding in less than 18 months.
Prior to joining True Colors United, Waguespack was a political communications and advocacy consultant working in Baton Rouge, LA and Washington, DC. As part of his work, he coordinated the lobbying strategy on the first ever transgender-specific legislation to pass the U.S. House of Representatives in 2019.
"In the near-decade I've known Dylan, he has shown up every day and put his considerable talents to use in building a better world for LGBTQ+ and BIPOC young people, one where every young person, no matter where they come from or who they are, can be their authentic selves. Dylan is hardworking, politically talented, and—perhaps most importantly—driven by a fierce sense of duty to ensure that today's young people have better and more equitable opportunities than the generations before them," said Congressman Troy Carter (LA-2). "I'm proud to be his mentor and friend, and I can't wait to see the impact he makes as the incoming CEO at True Colors United and as the national leader of the movement to end LGBTQ+ youth homelessness."
Waguespack also served as Executive Director of Louisiana Progress, a progressive movement-building partnership where he began his career. While there, he drafted or successfully lobbied for bills to expand opportunities for children, youth, and families impacted by homelessness, including protection from eviction for survivors of domestic abuse, expanded eligibility for child care assistance for families experiencing homelessness, and in-state tuition and campus housing for current and former homeless and foster youth in postsecondary education.
At the beginning of this year, Gregory Lewis, who served as True Colors United's Executive Director and Chief Executive Officer since co-founding the organization, announced he would step down after 15 years upon the appointment of his successor.
Waguespack is a proud New Orleanian, a 10th generation Louisianan, and a graduate of Ben Franklin High School. He currently lives in Chicago with his husband Ira.
About True Colors United: True Colors United was co-founded in 2008 by Cyndi Lauper. We implement innovative solutions to youth homelessness that focus on the unique experiences of LGBTQ young people. Through a broad array of training and education, youth action, technical assistance, and advocacy programs, True Colors United is creating a world where all young people can be their true selves. www.truecolorsunited.org
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SOURCE True Colors United | https://www.mysuncoast.com/prnewswire/2022/07/25/true-colors-united-announces-dylan-waguespack-next-chief-executive-officer/ | 2022-07-25T12:44:34Z |
Acquires Tekfor, a Leading Specialist in Formed and E-Mobility Components
DETROIT, April 11, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it has entered into a definitive agreement under which AAM will acquire Tekfor Group for an enterprise value of €125 million.
"This acquisition leverages the core strengths of AAM with significant synergy potential, diversifies our geographic and customer sales mix and increases our electrification product portfolio. In addition, this purchase fits nicely with our recent tactical M&A approach," said AAM's Chairman and Chief Executive Officer, David C. Dauch. "We are excited to expand our metal forming technologies to serve a broad range of global customers."
Based in Hausach, Germany, Tekfor Group is a leading specialist in automotive fasteners and metal formed components for driveline, powertrain, and E-mobility applications. Tekfor generated sales of approximately €285 million in 2021.
Subject to regulatory approval and other customary closing requirements, the transaction is expected to close in the second quarter of 2022.
About AAM
As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with nearly 80 facilities in 17 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.
About Tekfor Group
Tekfor Group is a leading specialist for mission-critical high-performance components, modules and fasteners. Products include traditional powertrain and driveline (for both internal combustion and hybrid applications) as well as a strongly increasing number of E-mobility components. Headquartered in Hausach, Germany, Tekfor Group has eight sites and employs approximately 2,100 associates in Europe and the Americas covering the whole value chain from engineering to manufacturing.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements with respect to the transaction and the anticipated consequences and benefits of the transaction and other information relating to matters that are not historical facts. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties include the receipt and timing of necessary regulatory approvals and the other factors detailed from time to time in the reports we file with the SEC, including those described under "Risk Factors" in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this communication. We expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
For more information:
Investor Contact:
David H. Lim
Head of Investor Relations
(313) 758-2006
david.lim@aam.com
Media Contact:
Christopher M. Son
Vice President, Marketing & Communications
(313) 758-4814
chris.son@aam.com
Or visit the AAM website at www.aam.com.
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SOURCE American Axle & Manufacturing Holdings, Inc. | https://www.wibw.com/prnewswire/2022/04/11/aam-continues-pivot-towards-electrification/ | 2022-04-11T12:22:36Z |
Russia’s war to shrink Ukraine economy 45%, World Bank says
LONDON (AP) — The World Bank says Ukraine’s economy will shrink by 45.1% this year because of Russia’s invasion, which has shut down half of the country’s businesses, choked off imports and exports, and damaged a vast amount of critical infrastructure. The World Bank also said Sunday that unprecedented sanctions imposed by Western allies in response to the war are plunging Russia into a deep recession and will lop off more than a tenth of its economy in 2022. The Washington-based lender said in its “War in the Region” economic report that the war is set to inflict twice the amount of economic damage across Europe and Central Asia that the COVID-19 pandemic did. | https://localnews8.com/news/ap-national-business/2022/04/11/russias-war-to-shrink-ukraine-economy-45-world-bank-says/ | 2022-04-11T11:25:38Z |
FERMONT, Calif., May 27, 2022 /PRNewswire/ -- ASUS today announced the ASUS Infinity campaign. The campaign will run from now until the end of June, featuring multiple deals across all ASUS product lines.The campaign covers special promotions through Memorial Day and Father's Day for eligible products while supplies last, including:
- TUF Gaming RTX 3080TI OC 12GB graphics card, now $300 off
- ROG Strix RTX 3080TI OC 12GB graphics card, now $250 off
- ROG Strix RTX 3080 OC 12 GB Graphics Card, now $200 off
- TUF Gaming RTX 3080 OC 12 GB Graphics Card, now $200 off
- ROG Strix 850G WHITE power supply unit, now $90 off
- ROG Strix 1000G power supply unit, now $80 off
- ROG Strix Z690-E GAMING WIFI, now $70 off
- The ROG Rapture GT-AX6000 router, now $50 off
- ROG Strix Scope Keyboard in NX Red, now $50 off
- TUF Gaming VG28UQL1A Gaming Monitor, now $50 off
- VG27AQ Gaming Monitor, now $40 off
- ROG Keris Wireless mouse, now $35 off
Whether you're looking to upgrade your PC or purchase new accessories, don't stop the game with ASUS Infinity!
For more information, please visit the ASUS Infinity shopping guide and retailer information at https://www.asus.com/us/site/ASUS-Infinity-2022/
About ASUS
ASUS is a global technology leader that provides the world's most innovative and intuitive devices, components and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, ASUS is world-renowned for continuously reimagining today's technologies for tomorrow, garners more than 11 awards every day for quality, innovation and design, and is ranked among Fortune's World's Most Admired Companies.
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SOURCE ASUS Computer International | https://www.mysuncoast.com/prnewswire/2022/05/27/asus-launches-asus-infinity-campaign/ | 2022-05-27T19:46:55Z |
Tinuiti continues to push boundaries of agency culture with new spin on 'OOO' including more than 69 paid days off a year plus paid sick time for employees
NEW YORK, May 18, 2022 /PRNewswire/ -- Tinuiti — the largest independent performance marketing firm across Streaming TV and the Triopoly of Google, Meta, and Amazon — today announced "Owning Our Offline" (OOO), a new boundary-pushing initiative borne of the firm's culture of ownership which empowers individuals to 'own' their offline. Collectively, OOO is designed to maximize the time employees spend unplugged and offline and includes three mandatory, company-wide weeklong office closures, holidays, PTO, mental wellness days and Flex Fridays, that combined together, provides Tinuiti employees with a total of more than 69 paid days off a year in addition to sick time to take advantage of. With OOO in place, Tinuiti now offers one of the most generous time off policies in the industry.
The new program's name takes the usual 'OOO' typically seen in an automated email response and purposefully turns it on its head. Tinuiti's OOO is not about simply setting up an away message — it's about making the time for everyone to unplug and re-energize. This is vital because at Tinuiti performance is measured by the employee happiness that fuels the growth of clients' businesses – not by how many hours people are tethered to their desks and logged into their computers.
At Tinuiti, employee happiness also serves as a key driver for clients success — simply put, happy employees are better equipped to do their best work for Tinuiti's client partners. The program was brought to life by Tinuiti's Chief Client Officer Diana DiGuido, who recognized the need for a recharge in the midst of the Omicron surge in Fall 2021. With employees juggling busy work days and the everyday challenges of their personal lives — on top of the chronic stress of an ongoing global pandemic — it was abundantly clear it was time for a break. DiGuido suggested a companywide mandatory closure to offer everyone the chance to step back and recharge, hence the name 'Tinuiti Recharge.' The week-long, all-employee, paid time-off, company-mandated holiday in early October took direct aim at pandemic fatigue and allowed employees to step back, focus on mental health and reset. In the weeks following Tinuiti Recharge the firm experienced an increase in productivity across divisions leading to client business growth.
Zach Morrison, Chief Executive Officer of Tinuiti, said: "'People-first' is something that's easy to say and hard to do. A lot of companies say it, but Tinuiti has been saying it and doing it since before it was cool. OOO is our way of continuing to put people before everything else—before clients, before profit, before anything. And, after these past two-plus incredibly unpredictable and tumultuous years, people need this now more than ever. Thanks to Diana DiGuido, our Chief Client Officer, for continuing to look for ways to grow both employee and client happiness, and for her role in bringing this program to fruition. OOO is not only a direct reflection of our culture of ownership, but a key ingredient of Tinuiti's collective success as a top-performing agency."
Diana DiGuido, Chief Client Officer at Tinuiti, said: "It's no secret happy employees are simply better equipped to take on the work day — whether it's navigating unexpected challenges, brainstorming better solutions, or tackling an especially busy time of year. Feeling rested, recharged and ready to dive in is what ultimately drives top-tier performance. At Tinuiti, this understanding is paramount to who we are and how we do what we do. As a result, OOO is simply a natural extension of our people-first culture of ownership, and also our way of showing up for our client partners and continuing to bring them our best, day in and day out."
Jeff Batuhan, Chief People Officer of Tinuiti, said: "Tinuiti has proven time, and time again that people are its first priority, and this has made all the difference. Despite the 'Great Reassessment' of 2021, the ever-tightening labor market, and an ongoing talent war, Tinuiti is growing and growing rapidly. In the last 12 months alone, the firm has grown seven-fold, welcoming nearly 700 new employees, and is continuing to attract the brightest minds in the industry. This is made possible by a business model that not only prioritizes employee happiness but exercises accountability in the form of forward-thinking, people-first programs like OOO."
Empowering every employee to participate in the shared financial value of Tinuiti's success is another fundamental pillar of the firm's culture of ownership. As such, OOO is a natural extension of Tinuiti's people-first business model, which provides employees' with direct equity and a meritocratic compensation structure that rewards teams for their clients' success.
Collectively, OOO encompasses three unique pillars that all ensure employees are truly out of office — these include:
- OOO Weeks – Three company-wide mandatory days off, scheduled strategically throughout the year. The first, in late Spring provides employees with a meaningful reset before the summer sale season ramps up. The second, in September, gives teams a chance to recharge before Black Friday-fueled chaos hits in Q4. The final week, in December, offers end-of-year respite and plenty of time to recover from the holiday madness and return fresh in the new year. Against each of these closures, all clients will be provided with contact information for the on-call critical response team to address any unforeseen business needs. The 2022 dates are:
- PTO – Tinuiti employees are encouraged to take a minimum of 20 PTO days per year. This does not include the 17 recognized company holidays.
- Flex Fridays – All employees have the option of starting their weekends early and signing off at 1 p.m. local time on Fridays. This includes avoiding scheduling any non-vital client or internal meetings in order to provide employees with time to wrap up the week's work and plan for the week ahead.
Tinuiti is one of the industry's most highly awarded independent performance marketing firms. The firm's unique culture of ownership and people-first ethos has garnered a slew of industry awards, including Inc. Magazine Best Workplaces 2022, Employer of the Year and Top Boss awards from Digiday, as well as Ad Age's Best Places to Work four years running, including the No. 1 spot in 2019 and 2020. The firm consistently pulls in Employee Net Promoter Scores unheard of in the industry with a consistent eNPS of over 50 and ranks way above the industry average for its employee retention rates.
Since 2017, Tinuiti has experienced rapid expansion with a headcount now surpassing 1,100, the agency has experienced an unprecedented 59% year-over-year increase and is continuing to climb with an additional 10% in 2022. Tinuiti is continuing to hire for multiple roles across divisions to keep pace with growth. For a closer look at Tinuiti's culture, please visit https://tinuiti.com/culture/.
About Tinuiti
Tinuiti is the largest independent performance marketing firm across Streaming TV and the Triopoly of Google, Meta, Amazon, with more than $3 billion in digital media under management and over 1,000 employees. With industry-leading expertise in search, social, Amazon and marketplaces, addressable TV and mobile apps, CRM and email marketing, and more, Tinuiti understands that success requires both strategy and channel expertise. Each solution is delivered through Tinuiti's performance planning framework, GAMMA, and is enabled by a proprietary suite of marketing intelligence and media activation technology – Mobius. For more information visit http://www.tinuiti.com.
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SOURCE Tinuiti | https://www.kxii.com/prnewswire/2022/05/18/tinuiti-announces-three-companywide-office-closures-with-bold-new-ooo-program-owning-our-offline/ | 2022-05-18T15:22:17Z |
NEW YORK, July 19, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Amazon.com, Inc. (NASDAQ: AMZN) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired shares of Amazon common stock between July 30, 2021, and April 28, 2022, inclusive.
Lead Plaintiff Deadline: September 6, 2022
No obligation or cost to you.
Learn more about your recoverable losses in AMZN:
https://www.kleinstocklaw.com/pslra-1/amazon-com-inc-loss-submission-form-2?id=29934&from=4
Amazon.com, Inc. NEWS - AMZN NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Amazon.com, Inc. made materially false and/or misleading statements and/or failed to disclose that: 1) defendants knew or recklessly disregarded that the Company's infrastructure and fulfillment network investments substantially outpaced demand; 2) those investments were a massive, self-imposed, undue drain on Amazon's financial condition; 3) contrary to defendants' public statements and undisclosed to investors, defendants had already implemented cutbacks to Amazon's fulfillment capacity by July 2021; and 4) as a result of defendants' misrepresentations and omissions, Amazon's common stock traded at artificially inflated prices during the class period.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Amazon you have until September 6, 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 Amazon 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 AMZN lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/amazon-com-inc-loss-submission-form-2?id=29934&from=4.
ABOUT KLEIN LAW FIRM
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.kxii.com/prnewswire/2022/07/19/amzn-alert-klein-law-firm-announces-lead-plaintiff-deadline-september-6-2022-class-action-filed-behalf-amazoncom-inc-shareholders/ | 2022-07-19T10:35:27Z |
VALLETTA, Malta, June 21, 2022 /PRNewswire/ -- Kindred Group signs a partnership with Dutch football club AFC Ajax. The announcement follows the decision to grant Kindred Group a license to operate in the Dutch market as of 8 June 2022. In addition to the commercial partnership, the two parties will work together in the field of prevention of betting-related match-fixing, mental health and responsible gambling.
Kindred Group plc (Kindred) and its flagship brand Unibet enters a commercial partnership with AFC Ajax. Unibet, as a brand, works actively to give back to sports and society. In addition to a commercial partnership, Ajax and Unibet will work together in the field of prevention of betting-related match-fixing, mental health and responsible gambling. Increasing social engagement through partnerships and active sponsorships is a core pillar of Kindred's sustainability strategy and sits at the heart of our `Unibet Impact' programme which is solely dedicated to foster a safer and more responsible online gambling industry.
"We are extremely proud to work together with Ajax. Within our partnership, we will invest in Unibet Impact, which is is a unique program based on partnerships with professional and amateur sportclubs, and societal organisations. Unibet Impact is dedicated to fostering a safer and more responsible online gambling industry, while bringing fun and entertainment to the Dutch society. Specifically with Ajax, we want to focus on responsible gambling in relation to mental health", says Lennart Kessels, General Manager Netherlands, Kindred Group.
"We are delighted to have Unibet as our newest partner. Kindred Group and its brands are well known for their dedication within the field of responsible gambling. This will receive explicit attention in our partnership. Unibet distinguishes itself through their high-quality product offering that is enjoyed by fans. We will support this with joint content and initiatives. Above that, we will also commit to Unibet Impact", says Menno Geelen, Commercial Director, AFC Ajax.
CONTACT:
Maria Angell Dupont, External Communications Manager, Kindred Group
press@kindredgroup.com
+46 72 165 15 17
This information was brought to you by Cision http://news.cision.com
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SOURCE Kindred Group | https://www.kxii.com/prnewswire/2022/06/21/kindred-signs-partnership-with-afc-ajax/ | 2022-06-21T09:17:59Z |
WASHINGTON (AP) — A federal grand jury investigating efforts to undo the results of the 2020 presidential election has subpoenaed the White House counsel under then-President Donald Trump and his top deputy, according to a person familiar with the matter.
The subpoenas to Pat Cipollone and Patrick Philbin suggest an intensifying Justice Department investigation into the events surrounding the deadly Jan. 6 insurrection at the U.S. Capitol, when Trump loyalists stormed the building in hopes of halting the certification of election results. They also suggest that prosecutors regard close advisers to Trump as potentially vital witnesses.
Cipollone was the top White House lawyer in the final days of the Trump administration and was part of the legal team that defended the Republican president in his first House impeachment trial in 2020. But Cipollone vigorously resisted attempts by Trump and his allies to undo the results of the presidential election Trump lost to Democrat Joe Biden, saying he did not agree that there was sufficient fraud to have affected the outcome of the race.
The grand jury subpoenas were confirmed to The Associated Press by a person familiar with the matter who insisted on anonymity to discuss an ongoing investigation. Cipollone, Philbin and a lawyer who has been representing them did not return messages seeking comment.
What happens next is unclear, though there may be negotiations over the scope of the grand jury testimony given that Cipollone and Philbin were lawyers inside the White House and were privy to numerous private conversations with the president. Executive privilege generally protects a president’s ability to obtain candid counsel from advisers without fear of immediate public disclosure, though there are limits.
Federal prosecutors have been especially focused on a scheme by Trump allies to elevate fake electors in key battleground states won by Biden as a way to subvert the vote, issuing subpoenas in recent weeks to multiple state Republican party chairmen.
Other subpoena recipients have included Marc Short, who was the chief of staff to former Vice President Mike Pence and who has testified before the grand jury.
The Justice Department investigation into the Jan. 6, 2021, insurrection and into the efforts to overturn the election has been proceeding alongside a separate probe by a House committee, which has held several public hearings, including in prime time.
Cipollone was interviewed privately by that panel last month and refused to discuss his conversations with Trump, citing executive privilege.
But portions of Cipollone’s private interview were featured prominently in recent hearings of the Jan. 6 panel, including video clips of him discussing a heated December 2020 meeting at the White House during which outside aides and advisers to Trump discussed a proposed executive order calling for the seizure of voting machines.
“To have the federal government seize voting machines? That’s a terrible idea for the country. That’s not how we do things in the United States,” Cipollone testified, adding, “I don’t understand why we even have to tell you why that’s a bad idea for the country.”
___
Follow Eric Tucker on Twitter at http://www.twitter.com/etuckerAP. | https://cw33.com/news/politics/ap-politics/trump-white-house-lawyers-subpoenaed-by-1-6-probe-grand-jury/ | 2022-08-05T13:16:26Z |
NEW YORK, Aug. 25, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in TG Therapeutics, Inc. ("TG Therapeutics" or the "Company") (NASDAQ: TGTX) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of TG Therapeutics investors who were adversely affected by alleged securities fraud between January 15, 2020 and May 31, 2022. Follow the link below to get more information and be contacted by a member of our team:
TGTX investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) clinical trials revealed significant concerns related to the benefit-risk ratio and overall survival data of the Company's therapeutic product candidates, Ublituximab and Umbralisib; (ii) accordingly, it was unlikely that the Company would be able to obtain approval from the U.S. Food and Drug Administration of the Umbralisib marginal zone lymphoma and follicular lymphoma New Drug Application, the Biologics License Application for Ublituximab in combination with Umbralisib, the supplemental New Drug Application for Ublituximab in combination with Umbralisib, or the Ublituximab relapsing forms of multiple sclerosis Biologics License Application in their current forms; (iii) as a result, the Company had significantly overstated Ublituximab and Umbralisib's clinical and/or commercial prospects; and (iv) therefore, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in TG Therapeutics during the relevant time frame, you have until September 16, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/08/25/tgtx-lawsuit-alert-levi-amp-korsinsky-notifies-tg-therapeutics-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-08-25T10:08:50Z |
Storm slowly moving toward Florida
Updated for new advisory
SARASOTA, Fla. (WWSB) - Potential Tropical Cyclone One continues to slowly move across the southeastern Gulf of Mexico.
Aircraft data indicates the disturbance has changed little in organization during the past several hours, with heavy rains spreading across western Cuba and South Florida.
A tropical storm warning was issued early Friday for Sarasota and parts of Manatee counties.
A warning means tropical storm conditions are expected somewhere within the warning area within 36 hours.
As of 2 p.m. Friday, the disturbance was centered near latitude 22.6 North, longitude 86.4 West. The system is moving toward the northeast at about 5 mph and this general motion is expected to continue with an increase in forward speed starting later today.
Maximum sustained winds are near 40 mph with higher gusts. The system is expected to develop a well-defined center and become a tropical storm later today, and some slight strengthening is possible while it approaches Florida today and tonight. Additional strengthening is possible after the system moves past Florida over the western Atlantic late Saturday and Sunday.
For the Suncoast it means periods of heavy rains starting this afternoon and going into Saturday morning and possibly afternoon as well. Total rain amounts are estimated at 1 to 3 inches but there is a potential for as much as 6 or even more.
If the center is found to be in a farther north location and the track adjusted northward, we could see stronger wind gusts. Regardless, the seas will be angry and boaters should stay off the water.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/03/storm-slowly-moving-toward-florida/ | 2022-06-03T19:10:49Z |
Scientists warn of new ocean pollution threat called ‘plastitar’
SAN FRANCISCO (KGO) - Scientists are worried two forms of ocean pollution are joining together to form a sort of super pollution.
Some of them are sounding the alarm bell now to try to stop the problem from getting worse.
For years, environmental groups have warned of the dangers from microplastics reaching San Francisco Bay.
Microscopic fragments often break off from the kinds of plastic trash we find washing up on our beaches.
Peter Roopnarine, with the California Academy of Sciences in San Francisco, says, taken together, plastics, and microplastics present a significant threat to marine life and the coastal environment.
“We’re finding them everywhere, we’re finding them in high concentrations in the open ocean,” Roopnarine said.
But now, researchers believe plastics are combining with a second substance, oil, to create a different form of pollution.
In a small study, a team on the Canary Islands documented dangerous microplastics embedded in oily tar balls, created from spills or oil leaking from ships or pipelines.
A combination being dubbed “plastitar.”
Roopnarine says the micro spills are common around the world.
“So anything that any process that can aggregate these small particles, which we know, dense petroleum can is going to aggregate microplastics,” Roopnarine said.
One concern is that once the fragments are embedded on a beach or coastline, they could degrade even further, finding their way into the food chain and marine environment.
“So we have a lot of ships coming and going. And they’re coming and going through some of the most biodiverse waters in the world,” Jennifer Stack said. “So we are always looking to how to best take care of these waters to prevent oil spills from happening.”
Stack is with the Greater Farallones and Cordell Bank National Marine Sanctuaries. The group organizes volunteers who routinely monitor the bay area coastline for signs of spilled oil that could threaten wildlife.
So far, researchers say it’s unclear if the “plastitar” phenomenon is limited to the Canary Islands or how widespread it may be.
But they say it could be viewed as a red flag for the dual-threat to our oceans from microplastics and industrial pollution.
Copyright 2022 KGO via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/15/scientists-warn-new-ocean-pollution-threat-called-plastitar/ | 2022-06-15T14:39:55Z |
CAMERON — Services for Dominga Alonso, 56, of Rogers will be 10 a.m. Wednesday at St. Monica Catholic Church in Cameron.
Burial will be in Rogers City Cemetery.
Mrs. Alonso died Thursday, June 16, at a Temple Hospital.
She was born March 14, 1966, in Mexico to Hilario and Maria Reyes. She married Magdaleno Alonso. She was a homemaker. She attended St. Matthew Catholic Church in Rogers.
Survivors include her husband of Rogers; two sons, Hector Alonso and Gabriel Alonso, both of Rogers; three daughters, Martha Espanoza, Breanna Leos and Maria Alonso, all of Rogers; two brothers, Fernando Reyes and Victor Reyes, both of Cameron; three sisters, Juanita Castillo of Rogers, Rosa Cardona and Maria Rios, both of Cameron; and eight grandchildren.
Visitation will be 7 p.m. Tuesday at Marek-Burns-Laywell Funeral Home in Cameron. | https://www.tdtnews.com/obituaries/article_7f3a99e8-ee91-11ec-aacb-e3ff9c771611.html | 2022-06-18T08:20:32Z |
NEWPORT NEWS, Va., June 1, 2022 /PRNewswire/ -- BayPort Credit Union is pleased to announce it was honored with a Diamond Award by the Credit Union National Association (CUNA) Marketing and Business Development Council for Excellence in Marketing at the March 2022 Council Conference.
The most prestigious annual credit union industry competition, the CUNA Diamond Awards recognize and reward creative excellence and outstanding results.
BayPort won in the Complete Campaign category for its consumer checking campaign. The campaign, called "BayPort Smart," recognizes that people have many options when it comes to finding the best financial institution to put their hard-earned money. That's why BayPort introduced their two newly created checking account choices: High Yield Checking and Cash Back Checking.
This year, CUNA received 1,195 entries from credit unions all over the U.S., but only 262 entries were selected as Diamond Award winners. Judges evaluated entries based on strategy, design, production, creative concept, and campaign results.
BayPort's award-winning consumer checking campaign launched in January 2021 and features TV spots, digital executions, radio, outdoor, and print.
About BayPort
In 1928, nine shipyard workers from Newport News Shipbuilding formed an organization with a specific purpose as a low-interest source of loans and a trusted place to deposit money. Today, BayPort Credit Union is rated a Superior 5-Star credit union by Bauer Financial, managing $2.2 billion in assets and servicing nearly 148,000 individuals and businesses with 27 branch locations across the Virginia Peninsula and Southside communities. Visit us at www.bayportcu.org.
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SOURCE BayPort Credit Union | https://www.kxii.com/prnewswire/2022/06/01/bayport-credit-union-wins-industry-cuna-marketing-award-checking-campaign/ | 2022-06-01T18:33:22Z |
SS&C GlobeOp Forward Redemption Indicator: May notifications 1.97%
WINDSOR, Conn., May 20, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the SS&C GlobeOp Forward Redemption Indicator for May 2022 measured 1.97%, up from 1.48% in April.
"SS&C GlobeOp's Forward Redemption Indicator for May 2022 was 1.97%, representing a decrease in termination notices compared to the 2.46% reported for the same period a year ago," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "This reduction in terminations continues the recent favorable trend in hedge fund asset retention and is especially noteworthy as it comes in the wake of significant declines in equity and fixed income markets."
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the SS&C GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the SS&C GlobeOp platform. Forward redemptions as a percentage of SS&C GlobeOp's assets under administration on the SS&C GlobeOp platform have trended significantly lower since reaching a high of 19.27% in November 2008. The next publication date is June 21, 2022.
Published on the 15th business day of the month, the SS&C GlobeOp Forward Redemption Indicator presents a timely and accurate view of the redemption pipeline for investors in hedge funds on the SS&C GlobeOp administration platform. Movements in the Indicator reflect investor confidence in their allocations to hedge funds. Indicator data is based on actual investor redemption notifications received. Unlike subscriptions, redemption notifications are typically received 30-90 days in advance of the redemption date. Investors may, and sometimes do, cancel redemption notices. In addition, the establishment and enforcement of redemption notices may vary from fund to fund.
SS&C GlobeOp Hedge Fund Performance Index
SS&C GlobeOp Capital Movement Index
SS&C GlobeOp Forward Redemption Indicator
About the SS&C GlobeOp Hedge Fund Index®
The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp. A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.
The SS&C GlobeOp Hedge Fund Index is available at www.sscglobeopindex.com.
The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Flash estimate, interim and final values are provided, in each of three months respectively, following each business month-end.
While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV). Funds acquired through the acquisition of Citi Alternative Investor Services are integrated into the index suite starting with the January 2017 reporting periods. SS&C GlobeOp's total assets under administration on the SS&C GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector. The investment strategies of the funds in the indices span a representative industry sample. Data for middle and back office clients who are not fund administration clients is not included in the Index, but is included in the Company's results announcement figures.
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
SOURCE: GlobeOp SS&C
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter, LinkedIn and Facebook.
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SOURCE GlobeOp SS&C | https://www.mysuncoast.com/prnewswire/2022/05/20/ssampc-globeop-forward-redemption-indicator/ | 2022-05-20T09:41:59Z |
PITTSBURGH, Aug. 9, 2022 /PRNewswire/ -- "We wanted to create a fast and easy way to remove the membrane from a rack of ribs," said one of two inventors, from Baldwin City, Kan., "so we invented THE RIBSTICK. Our design ensures straight and clean removal of the membrane while also reducing excessive stress and strain on the hands."
The patent-pending invention provides an improved way to remove the membrane from a rack of ribs. In doing so, it offers an alternative to using the hands and a paper towel. As a result, it increases efficiency and it enhances comfort and safety. The invention features a durable and practical design that is easy to use so it is ideal for households and commercial kitchens. Additionally, it is producible in design variations and a prototype/model is available upon request.
The original design was submitted to the Jackson sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JKK-143, 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/2022/08/09/inventhelp-inventors-develop-membrane-removal-tool-rack-ribs-jkk-143/ | 2022-08-09T17:33:35Z |
This food company will pay you $10K to be its Chief Taco Officer
By Zoe Sottile, CNN
Feeling hungry for a new job?
Favor, a Texas-based food delivery company, is looking for a voracious eater to sample tacos all over the state as their first-ever “Chief Taco Officer.” The lucky employee will receive $10,000 in exchange for taste-testing tacos and documenting the experience on social media during June and July, according to the job listing.
The Chief Taco Officer will drive across Texas, staying in each city for two days and eating tacos delivered by Favor for at least two meals, so you can have tacos for breakfast and dinner. The winning candidate will receive free food, accommodation, and transportation along their journey and free delivery from the company for a year.
Interested eaters can create a video application and submit a short form on Favor’s website before May 12.
“Tacos are one of the top favored foods across all of the cities we serve throughout Texas,” said Jag Bath, Favor’s CEO, in a statement shared with CNN.
“The history and culture behind one of the most iconic foods in the Lone Star State vary from city to city, and we’re excited for our new Chief Taco Officer to discover some of the best and most authentic tacos out there.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/24/this-food-company-will-pay-you-10k-to-be-its-chief-taco-officer/ | 2022-04-25T00:28:31Z |
PITTSBURGH, Aug. 15, 2022 /PRNewswire/ -- "I wanted to create a homemade sauce with an authentic, Jamaican taste to serve at my restaurants," said one of two inventors, from Tarrytown, N.Y., "so we invented BMMW DIPPING JERK SAUCE. Our formula can be used as a flavor-enhancing sauce, dipping sauce, condiment or marinade."
The invention provides a delicious sauce to enhance the flavor of a variety of foods. In doing so, it can be used with chicken, steak, pork, seafood, etc. As a result, it eliminates the need to prepare a flavorful sauce from scratch. The invention features a versatile and satisfying design that is easy to serve and enjoy so it is ideal for consumers and commercial kitchens. Additionally, it is producible in design variations.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CTK-1037, 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.mysuncoast.com/prnewswire/2022/08/15/inventhelp-inventors-develop-new-flavor-enhancing-sauce-ctk-1037/ | 2022-08-15T18:57:33Z |
MILWAUKEE (AP) — New York Yankees slugger Aaron Judge hit his 58th and 59th home runs of the season on Sunday, moving within two of Roger Maris’ American League record with 16 games remaining.
Judge’s 11th multihomer game tied the season record set by Detroit’s Hank Greenberg 1938 and matched by the Chicago Cubs’ Sammy Sosa in 1998. The two homers against Milwaukee totaled 857 feet.
Seeking a Triple Crown, Judge had four hits and four RBIs. He leads the major leagues in homers and with 127 RBIs. His two-run double in the ninth raised his batting average to .3162, third behind Minnesota’s Luis Arraez at .317 and Boston’s Xander Bogaerts at .3164.
Judge hit his first of the day on a sinker from Jason Alexander with a 2-0 count in the third inning. The 414-foot, opposite-field drive left the bat at 112 mph.
Then in the seventh against Luis Perdomo, Judge pulled a slider with a 1-2 count for a 443-foot shot to left.
Judge, had not homered in his previous three games since going deep twice at Boston’s Fenway Park.
Philadelphia’s Kyle Schwarber is second in the major leagues with 39 homers.
Maris hit 61 homers for the Yankees in 1961, one more than Babe Ruth in 1927.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-yanks-aaron-judge-hits-58th-homer-3-shy-of-maris-al-mark/ | 2022-09-18T22:51:19Z |
JERICHO, N.Y., July 28, 2022 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the holding company for Esquire Bank, National Association ("Esquire Bank"), today announced its regular quarterly cash dividend of $0.09 per share of common stock, payable on September 1, 2022, to each stockholder of record on August 15, 2022.
About Esquire Financial Holdings, Inc.
Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York and an administrative office in Boca Raton, Florida. Its wholly-owned subsidiary, Esquire Bank, National Association, is a full service commercial bank dedicated to serving the financial needs of the legal industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area. The bank offers tailored products and solutions to the legal community and their clients as well as dynamic and flexible payment processing solutions to small business owners. For more information, visit www.esquirebank.com.
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SOURCE Esquire Financial Holdings, Inc. | https://www.wibw.com/prnewswire/2022/07/28/esquire-financial-holdings-declares-regular-quarterly-cash-dividend-common-stockholders/ | 2022-07-28T22:08:15Z |
Hugo Middle School conducted a lockdown after a verbal threat
Published: Sep. 8, 2022 at 9:29 AM CDT|Updated: 21 minutes ago
HUGO, Okla. (KXII) -Hugo Middle school was under lockdown after a verbal threat Thursday morning.
According to Hugo Schools, a student made verbal threats that they were going to shoot up the school.
Only the middle school was under lockdown while a search was conducted.
Hugo Schools stated nothing was found during the search.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/09/08/hugo-middle-school-under-lockdown-after-verbal-threat/ | 2022-09-08T14:51:39Z |
Homebuilder offers versatile floor plans with hundreds of design options
RIO RANCHO, N.M., June 24, 2022 /PRNewswire/ -- Richmond American Homes of New Mexico, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce the grand opening of Seasons at Broadmoor Heights (RichmondAmerican.com/BroadmoorHeights), its debut community in the Albuquerque area. Prospective homebuyers and area agents who would like to learn more about the latest addition to the sought-after Broadmoor Heights masterplan are encouraged to schedule an appointment as homesites are limited.
- New Seasons™ Collection homes from the upper $300s
- Five inspired ranch and two-story floor plans
- 3 to 6 bedrooms, approx. 1,610 to 2,630 sq. ft.
- Airy 9' main-floor ceilings and granite countertops included
- Center-meet doors and 3-car garages available (per plan)
- Community parks, trails and open space
- Easy access to Unser Boulevard and Highway 528
- In the notable Rio Rancho Public Schools district
Those who choose to build a new home from the ground up at Seasons at Broadmoor Heights will have the opportunity to work with professional design consultants to select colors, textures, finishes and fixtures for their new living spaces—a complimentary service!
The exceptional new community is located at 2394 Sandra Loop NE in Rio Rancho. Call 505.510.6600 or visit RichmondAmerican.com for more information. View health and safety updates at RichmondAmerican.com/COVID-19.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built more than 220,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.
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SOURCE M.D.C. Holdings, Inc. | https://www.wibw.com/prnewswire/2022/06/24/richmond-american-opens-debut-community-near-albuquerque/ | 2022-06-24T21:28:14Z |
- SaaS Strength: Annual Recurring Revenue of $368 million, up 41%
- Profit of $0.71 per diluted share, non-GAAP diluted EPS of $0.44, Adjusted EBITDA of $50 million
- Future contracted revenue surpasses $3 billion
SCOTTSDALE, Ariz., Aug. 9, 2022 /PRNewswire/ --
Dear Shareholders,
Our second quarter financial results reflect continued momentum throughout the business, including notable across-the-board strength in new product adoption.
Revenue growth of 31% year over year was driven by strong demand for Axon Cloud SaaS solutions, Axon Body 3 and Axon Fleet 3 systems, and our TASER 7 platform. Revenue from new SaaS products — such as productivity solutions, real-time operations, Axon Air, ALPR and VR(1) — nearly tripled year over year, highlighting our ability to drive customer adoption of our new software solutions.
We also executed against several key priorities in the quarter that position us well for future growth — including deepening our relationships with key partners and strategically investing to build out the Axon Ecosystem.
In June, we renewed our strategic technology partnership with Microsoft Azure — signing a six-year agreement that provides long-term pricing certainty and cost visibility for our Axon Cloud business. The renewal will support our software gross margin target of 80%+, and enables us to offer pricing predictability to our own customers. We discuss other ecosystem developments in more detail, below.
Customers are increasingly demonstrating their confidence that we are the right technology partner for them, for the next decade. We make it easy for our customers to bet on us, because we deliver. In the second quarter, 108 customers signed contracts for longer than five years. The quality of the deal flow is also strong. About a third of our top 100 deals were for a decade or more. This drives our confidence in our ability to continue scaling a rapidly growing, highly recurring SaaS business, with virtually zero churn.
(1) ALPR is the industry acronym for automatic license plate recognition. Enabled by artificial intelligence, Axon's ALPR solution comes standard with the Axon Fleet 3 in-car camera system. Plate read data that is collected during patrol is then retained and can be queried through Axon Evidence for later investigations.
VR is Axon's virtual reality training solution, which is included stand-alone or included in our highest value bundled offerings.
Select Highlights:
Management updates
Josh Isner, COO
In June, we appointed Josh Isner to the role of Chief Operating Officer, a newly created position to expand the office of the CEO. Josh is an executive familiar to investors who have tuned into Axon's earnings calls, which we've hosted over Zoom since early 2020. He's had an outsized impact on Axon, including during his most recent tenure as chief revenue officer. As CRO, Josh was responsible for Axon's global growth, customer service, professional services, and sales operations. He has been instrumental in building Axon's revenue stream to support our 2022 guidance above $1 billion, and was a key member of the executive team responsible for driving historical annual revenue growth rates exceeding 25%. He now oversees Axon's operational functions including business operations and execution, policies and employees.
Isaiah Fields, CLO
In July, we appointed Isaiah Fields to the role of Chief Legal Officer, where he will spearhead Axon initiatives across legal operations, government affairs, risk management and compliance. In Isaiah's previous role as general counsel, he drove success across all elements of our global organization. We are confident that Isaiah's leadership, devotion to his team and passion for our mission will help Axon successfully navigate this phase of rapid growth as we scale in complexity and expand globally.
CFO search
Our search process for a permanent CFO is progressing well and includes a strong pipeline of quality candidates. We hope to welcome shortly an outstanding executive who brings an appetite for strong financial rigor, along with the operational expertise to continue to drive scale and long-term growth at Axon.
Customers & Product
New VR simulator promotes de-escalation for public safety: The Phoenix Police Department and New Castle County Police in Delaware are the first agencies to deploy Axon's latest improvement in its VR offerings. The new simulator allows officers to train from anywhere. Trainees learn to operate TASER 7 devices and training firearms in VR. Scenarios include indoor range and an outdoor, nighttime setting. The fast-paced exercises help trainees learn safety features, recognize proper spread and probe placement on moving subjects, manage clothing disconnects, and practice for higher effectiveness when deploying TASER cartridges. More than 1,000 U.S. agencies now use Axon VR training.
TASER 7 Device adoption accelerates in Canada: Police services in Ontario, including Toronto, found that simply presenting a TASER device de-escalates a situation between 70% to 90% of the time, without having to deploy a cartridge. Recent TASER 7 device adoption in Canada has included the Calgary Police Service, York Regional Police, Peel Regional Police, Toronto Police Service and the Edmonton Police Service.
U.S. federal funding momentum: Axon's Federal business outlook continues to strengthen with recent developments signaling broad support for body camera adoption. In May, the White House issued an executive order that mandated body cameras for federal law enforcement. In addition, the White House's proposed FY2023 budget includes body camera funding for the Justice Department. We are also seeing support in Congress for body camera programs among the following federal law enforcement customers: Justice Department agencies, including the FBI, the U.S. Marshals, the U.S. Drug Enforcement Administration, the Bureau of Alcohol, Tobacco, Firearms and Explosives; Department of Homeland Security agencies, including U.S. Customs & Border Patrol, and U.S. Immigration & Customs Enforcement; and Department of Interior agencies. The House is also proposing funding for state and local agency matching grants to drive body camera adoption.
Strategic initiatives:
In May, we hosted our seventh annual Axon Accelerate — our user conference that has become the largest technology conference in public safety. On display was the strength of the Axon Ecosystem, featuring a growing network of partnerships and integrated products. Our go-to-market strategy for the Axon Ecosystem has graduated from an idea to now delivering tangible customer value.
In addition to extending our technology partnership with Microsoft, highlighted at the beginning of this letter, we also executed several new key strategic initiatives during the second quarter:
- Foundry 45: In April, we announced the acquisition of Foundry 45, a VR studio focused on delivering immersive training modules to large organizations. The acquisition bolsters Axon's VR team in transforming public safety by making training more accessible, relevant and affordable — with the goal of better preparing officers for real-life situations.
- Fūsus: In May, we announced a strategic partnership with Fūsus along with a $21 million non-controlling minority investment. Fusus is the U.S. market leader in real-time crime center solutions for public safety. The partnership makes it easier and more cost-effective for communities to aggregate live feeds from public and private cameras in addition to live video feeds from Axon Body 3, Axon Fleet 3 and Axon Air connected drones, creating a unified operational picture for first responders.
- Skydio: In May, we also announced live-streaming from Skydio drones into our Axon Respond platform. The integration with Respond will enable command staff and 911 dispatchers to combine the live-streaming capabilities of Axon body-worn and in-car cameras with the Skydio drone's aerial perspective to provide a more comprehensive operational picture.
- Dedrone: In June, we closed a $25 million non-controlling minority follow-on investment in Dedrone, a market leader in counter unmanned aircraft systems. Axon led the company's oversubscribed $30 million Series C-1 financing round, which follows our initial $25 million investment in Dedrone in December 2021. Dedrone is accelerating on a path towards making the world safer from unauthorized and malicious drones. After conducting extensive due diligence to evaluate opportunities to participate in the rapidly growing air security market, we were impressed by Dedrone's technology, team and commercial traction.
- DroneSense: In June, we also closed a $15 million non-controlling minority investment in DroneSense in support of our previously announced partnership to implement its piloting, program management and operations solution via Axon's unmanned aircraft program, Axon Air. DroneSense has also integrated its software platform with Axon's digital evidence management platform, Axon Evidence, and real-time operations hub, Axon Respond, to provide agencies with a comprehensive solution to start and operate a drone program. This integration streamlines first responder and drone pilot communications — allowing live streaming from the UAS into Axon's real-time operations platform and digital footage to be stored in Axon's evidence management platform.
In addition to these recent new initiatives, we are also seeing positive momentum across our broader ecosystem. In late 2021, we acquired Occam Video Solutions, a leader in digital video investigations software. The business has been integrated with Axon, and, in addition to powering our Third-Party Video Playback solution, Occam's flagship investigative software, iNPUT-ACE, has been relaunched as Axon Investigate, and is seeing growing interest from our customers.
Our partnerships with Flock Safety and RapidSOS are also expanding in value for the Axon Ecosystem. We are seeing strong adoption of Flock Safety's ALPR cameras nationwide. Plate reads captured by Flock Safety's cameras can be shared to cases with a single-click and managed within Axon Evidence workflows. RapidSOS's technology powers Axon's recently launched consumer focused smart phone app for personal safety, Axon Protect (available in the Apple App Store and on Google Play), which enables users to connect with a live Axon agent. We also recently launched an Axon Respond integration with RapidSOS, which enables 911 operators that use the company's Jurisdiction View software platform to see live locations of first responders equipped with Axon Body 3 cameras and also live-stream videos from those cameras.
Summary of Q2 2022 results
- Quarterly revenue of $286 million grew 31% year over year, exceeding our expectations, and led by software and sensors segment growth of 41%.
- Total company gross margin of 60.9% improved 20 basis points sequentially.
- Operating profit was $21 million. Operating expenses for the quarter of $153 million included $20 million in stock based compensation expenses.
- $5 million tied to hiring that supports our long-term growth profile
- $3 million tied to higher bonuses paid to employees at the senior director level and below,
- $2 million tied to annual company bonus accruals resulting from our improved outlook, and
- $1 million tied to our annual user conference.
- We expect expense growth, excluding stock-based compensation, to moderate in the back half of the year.
- Our quarterly net income of $51 million, or $0.71 per diluted share, included $21 million in stock based compensation expenses, a $12 million non-cash, unrealized, mark-to-market loss related to our strategic investment in Cellebrite, and $60 million in net unrealized gains related to strategic investments.
- Non-GAAP net income was $32 million, or $0.44 per share.
- Adjusted EBITDA was $50 million.
- Operating cash flow of $19 million supported free cash flow generation of $7 million and adjusted free cash flow generation of $10 million. We define free cash flow as operating cash flow less capital expenditures and purchases of intangible assets. Adjusted free cash flow excludes campus investments.
- As of June 30, 2022 Axon had $356 million in cash, equivalents and investments.
- Axon has zero debt.
(2) These innovative stock-based compensation plans were approved by shareholders in 2018 and 2019 and align the interests of management and employees with shareholders.
Financial commentary by segment:
- TASER segment revenue growth was driven by demand for our TASER 7 platform, with units up 85% year over year.
- Q2 2022 TASER segment gross margin slightly declined sequentially. We expect further TASER 7 automation to come online in the back half of this year and contribute to segment gross margin improvement in 2023. We also expect to generate leverage on our fixed cost base as we grow into our expanding manufacturing footprint.
- Axon Cloud revenue grew 35%year over year to $82 million, reflecting strong user growth for our Axon Evidence (Evidence.com) platform, and software features including transcription and body-camera enabled real-time operations capabilities across location-based services, live streaming and incident event alerts.
- Axon Cloud gross margin of 70.4% included expected costs to scale our cloud business. This includes the low-to-no margin professional services costs of teams who help our customers deploy Axon's solutions. The software-only revenue in this segment, which is annually recurring and includes cloud storage and compute costs, has consistently carried a gross margin above 80%.
- Sensors & Other revenue grew 49% year over year to $68 million, reflecting growth in Axon Fleet 3 shipments followed by body camera unit growth.
- Sensors & Other gross margin was 42.9%, reflecting a favorable product mix. As a reminder, we manage toward a 25% gross margin for camera and sensors hardware, and the gross margin will fluctuate quarter to quarter depending on the customer mix.
- Annual Recurring Revenue (ARR) grew 41% year over year to $368 million.
- Net revenue retention was 119% in the quarter, reflecting our ability to deliver additional value to our customers over time and de minimis attrition. We drive adoption of our cloud software solutions through integrated bundling. Our law enforcement agency customers often sign up for five to ten-year subscriptions. This SaaS metric purposely excludes the hardware portion of customer subscriptions. We further define this metric under "Statistical Definitions."
- Total company future contracted revenue grew to $3.33 billion, reflecting strong bookings in the quarter. This metric is also known as "remaining performance obligations." Most of our bookings are for multi-year contracts. See definition of this metric under "Statistical Definitions."
- The percentage of TASER devices sold on a subscription was 76% in the quarter, reflecting a stronger mix of our TASER 7 devices, which are mostly sold on a subscription. As a reminder, Axon has been successfully transitioning its TASER hardware business into a subscription service in more mature markets and expanding into new markets where some initial sales are not on a subscription, with the intention of building subscription businesses in those markets over time.
Outlook
The following forward-looking statements reflect Axon's full year 2022 expectations as of August 9, 2022, and are subject to risks and uncertainties.
- Axon's upwardly revised full year 2022 revenue expectation has improved to a range of $1.07 billion to $1.12 billion, reflecting approximately 27% annual growth at the midpoint. Previously, Axon had guided to a range of $1.05 billion to $1.1 billion, reflecting 25% growth at the midpoint.
- We now expect to deliver 2022 Adjusted EBITDA at the higher end of the previously communicated range of $190 million to $200 million.
- We expect stock-based compensation expense to be more than $104 million for the full year. Because our stock-based compensation expense may vary based on changes in the probability of attaining certain operational or market capitalization metrics or attainment of such metrics and with changes in the expected or actual timing of such attainment, it is inherently difficult to forecast future stock-based compensation expense.
- We are maintaining our expected adjusted free cash flow range of $125 million to $145 million in 2022, compared with $85 million in 2021. This range reflects our expectations for operating cash flow, minus our expected purchases of property and equipment (CapEx) of $80 million to $90 million, excluding any investments made in our campus facility, which we expect to be less than $25 million.
- We are revising our expected 2022 capital expenditures to a range of $80 million to $90 million, compared with our previous expectation of $135 million to $160 million.
We are energized by the momentum in our business, superior execution by our teams and the underlying strength of our model, all of which sets us up to continue accelerating growth and profitability.
Thank you for investing in our mission to protect life.
-The Axon team
Quarterly conference call and webcast
We will host our Q2 2022 earnings conference call webinar on Tuesday, August 9, at 2 p.m. PT / 5 p.m. ET.
The webcast will be available via a link on Axon's investor relations website at https://investor.axon.com (https://investor.axon.com/), or can be accessed directly via https://axon.zoom.us/j/98326867283.
Statistical Definitions
Bookings: We consider bookings to be a statistical measure defined as the sales price of orders (not invoiced sales), including contractual optional periods we expect to be exercised, net of cancellations, inclusive of renewals, placed in the relevant fiscal period, regardless of when the products or services ultimately will be provided, so long as they are expected to occur within five years. Most bookings will be invoiced in subsequent periods. Due to municipal government funding rules, in some cases certain of the future period amounts included in bookings are subject to budget appropriation or other contract cancellation clauses. Although we have entered into contracts for the delivery of products and services in the future and anticipate the contracts will be fulfilled, if agencies do not exercise contractual options, do not appropriate funds in future year budgets, or enact a cancellation clause, revenue associated with these bookings may not ultimately be recognized, resulting in a future reduction to bookings. Bookings, as presented here, represent total company bookings inclusive of all product. Certain customers sign contracts for time periods longer than five-years, which generates a larger-sized booking — but the expected exercise amounts after the five-year period is not included in bookings, as described here, in order to facilitate comparisons between periods.
Net revenue retention: Dollar-based net revenue retention is an important metric to measure our ability to retain and expand our relationships with existing customers. We calculate it as the software and camera warranty subscription and support revenue from a base set of agency customers from which we generated Axon Cloud subscription revenue in the last month of a quarter divided by the software and camera warranty subscription and support revenue from the year-ago month of that same customer base. This calculation includes high-margin warranty but purposely excludes the lower-margin hardware subscription contingent of the customer contracts, as it is meant to be a SaaS metric that we use to monitor the health of the recurring revenue business we are building. This calculation also excludes the implied monthly revenue contribution of customers that were added since the year-ago quarter, and therefore excludes the benefit of new customer acquisition. The metric includes customers, if any, that terminated during the annual period, and therefore, this metric is inclusive of customer churn. This metric is downwardly adjusted to account for the effect of phased deployments -- meaning that for the year-ago period, we consider the total contractually obligated implied monthly revenue amount, rather than monthly revenue amounts that might have been in actuality smaller on a GAAP basis due to the customer not having yet fully deployed their Axon solution. For more information relative to our revenue recognition policies, please reference our SEC filings.
Total company future contracted revenue: Total company future contracted revenue includes both recognized contract liabilities as well as amounts that will be invoiced and recognized in future periods. The remaining performance obligations are limited only to arrangements that meet the definition of a contract under Topic 606 as of June 30, 2022. We expect to recognize between 15% - 20% of this balance over the next twelve months, and generally expect the remainder to be recognized over the following ten years, subject to risks related to delayed deployments, budget appropriation or other contract cancellation clauses.
Non-GAAP Measures
To supplement the Company's financial results presented in accordance with GAAP, we present the non-GAAP financial measures of EBITDA, Adjusted EBITDA, Non-GAAP Net Income, Non-GAAP Diluted Earnings Per Share, Free Cash Flow and Adjusted Free Cash Flow. The Company's management uses these non-GAAP financial measures in evaluating the Company's performance in comparison to prior periods. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing its performance, and when planning and forecasting our future periods. A reconciliation of GAAP to the non-GAAP financial measures is presented herein.
- EBITDA (Most comparable GAAP Measure: Net income) - Earnings before interest expense, investment interest income, income taxes, depreciation and amortization.
- Adjusted EBITDA (Most comparable GAAP Measure: Net income) - Earnings before interest expense, investment interest income, income taxes, depreciation, amortization, non-cash stock-based compensation expense, realized and unrealized gains/losses on strategic investments and marketable securities and pre-tax certain other items (identified and listed below in the reconciliation).
- Non-GAAP Net Income (Most comparable GAAP Measure: Net income) - Net income excluding the costs of non-cash stock-based compensation and excluding any net gain/loss/write-down/disposal/abandonment of property, equipment and intangible assets; realized and unrealized gains/losses on strategic investments and marketable securities; loss on impairment; costs related to strategic investments and business acquisitions; costs related to the FTC litigation and pre-tax certain other items (listed below). The Company tax-effects non-GAAP adjustments using the blended statutory federal and state tax rates for each period presented.
- Non-GAAP Diluted Earnings Per Share (Most comparable GAAP Measure: Earnings Per share) - Measure of Company's Non-GAAP Net Income divided by the weighted average number of diluted common shares outstanding during the period presented.
- Free Cash Flow (Most comparable GAAP Measure: Cash flow from operating activities) - cash flows provided by operating activities minus purchases of property and equipment and intangible assets.
- Adjusted Free Cash Flow (Most comparable GAAP Measure: Cash flow from operating activities) - cash flows provided by operating activities minus purchases of property and equipment and intangible assets, excluding the net impact of investments in our new Scottsdale, Ariz. campus.
Caution on Use of Non-GAAP Measures
Although these non-GAAP financial measures are not consistent with GAAP, management believes investors will benefit by referring to these non-GAAP financial measures when assessing the Company's operating results, as well as when forecasting and analyzing future periods. However, management recognizes that:
- these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company's GAAP financial measures;
- these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company's GAAP financial measures;
- these non-GAAP financial measures should not be considered to be superior to the Company's GAAP financial measures; and
- these non-GAAP financial measures were not prepared in accordance with GAAP or under a comprehensive set of rules or principles.
Further, these non-GAAP financial measures may be unique to the Company, as they may be different from similarly titled non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company's results to the results of other companies.
About Axon
Axon is the global leader in connected public safety technologies. We are a mission-driven company whose overarching goal is to protect life. Our vision is a world where bullets are obsolete, where social conflict is dramatically reduced, where everyone has access to a fair and effective justice system and where racial equity, diversity and inclusion is centered in all of our work. Axon is also a leading provider of body cameras for US public safety, providing more transparency and accountability to communities than ever before.
You may learn about our Environmental, Social, and Governance (ESG) and Corporate Social Responsibility (CSR) efforts by reading our ESG report at investor.axon.com.
We work hard for those who put themselves in harm's way for all of us. More than 270,000 lives and countless dollars have been saved with the Axon Network of devices, apps and people. Learn more at www.axon.com or by calling (800) 978-2737. Axon is a global company with headquarters in Scottsdale, Arizona, and a global software engineering hub in Seattle, Washington, as well as additional offices in the US, Australia, Canada, Finland, Vietnam, the UK and the Netherlands.
Apple and App Store are trademarks of Apple, Inc., Cellebrite is a trademark of Celebrite Mobile Synchronization Ltd.; Dedrone is a trademarks of Dedrone Holdings, Inc.; DroneSense is a trademark of DroneSense, Inc., Facebook is a trademark of Facebook, Inc.; Flock Safety is a trademark of Flock Group, Inc., dba Flock Safety; Google Play is a trademark of Google, Inc.; Microsoft and Azure are trademarks of Microsoft Corporation; RapidSOS is a trademark of Rapid SOS, Inc.; Skydio is a trademark of Skydio, Inc.; Twitter is a trademark of Twitter, Inc.; and Zoom is a trademark of Zoom Video Communications, Inc.
Axon, the Delta Logo, Axon Accelerate, Axon Air, Axon Body, Axon Evidence, Axon Fleet, Axon Network, Axon Respond, TASER, TASER 7 and Protect Life are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved.
Follow Axon here:
- Axon on Twitter: https://twitter.com/axon_us
- Axon on Facebook: https://www.facebook.com/Axon.ProtectLife/
Forward-looking statements
Forward-looking statements in this letter include, without limitation, statements regarding: proposed products and services and related development efforts and activities; expectations about the market for our current and future products and services; strategies and trends relating to subscription plan programs and revenues; strategies and trends, including the benefits of, research and development investments; the timing and realization of future contracted revenue; the fulfillment of bookings; expectations about customer behavior; statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results and future economic performance, including our outlook for 2022 full year revenue, stock-based compensation expense, adjusted EBITDA, adjusted free cash flow, and capital expenditures; statements of management's strategies, goals and objectives and other similar expressions; as well as the ultimate resolution of financial statement items requiring critical accounting estimates, including those set forth in our Form 10‑K for the year ended December 31, 2021. Such statements give our current expectations or forecasts of future events; they do not relate strictly to historical or current facts. Words such as "may," "will," "should," "could," "would," "predict," "potential," "continue," "expect," "anticipate," "future," "intend," "plan," "believe," "estimate," and similar expressions, as well as statements in future tense, identify forward-looking statements. However, not all forward-looking statements contain these identifying words.
We cannot guarantee that any forward-looking statement will be realized, although we believe we have been prudent in our plans and assumptions. Achievement of future results is subject to risks, uncertainties and potentially inaccurate assumptions. The following important factors could cause actual results to differ materially from those in the forward-looking statements: the potential global impacts of the COVID-19 pandemic; our exposure to cancellations of government contracts due to appropriation clauses, exercise of a cancellation clause, or non-exercise of contractually optional periods; our ability to design, introduce and sell new products or features; our ability to defend against litigation and protect our intellectual property, and the resulting costs of this activity; our ability to manage our supply chain and avoid production delays, shortages, and impacts to expected gross margins; the impact of stock compensation expense, impairment expense, and income tax expense on our financial results; customer purchase behavior, including adoption of our software as a service delivery model; negative media publicity regarding our products; the impact of product mix on projected gross margins; defects in our products; changes in the costs of product components and labor; loss of customer data, a breach of security, or an extended outage, including by our third party cloud-based storage providers; exposure to international operational risks; delayed cash collections and possible credit losses due to our subscription model; changes in government regulations in the U.S. and in foreign markets, especially related to the classification of our products by the United States Bureau of Alcohol, Tobacco, Firearms and Explosives; our ability to integrate acquired businesses; our ability to attract and retain key personnel; and counter-party risks relating to cash balances held in excess of FDIC insurance limits. Many events beyond our control may determine whether results we anticipate will be achieved. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from past results and those anticipated, estimated or projected. You should bear this in mind as you consider forward-looking statements. The Annual Report on Form 10‑K that we filed with the Securities and Exchange Commission ("SEC") on February 25, 2022 lists various important factors that could cause actual results to differ materially from expected and historical results. These factors are intended as cautionary statements for investors within the meaning of Section 21E of the Exchange Act and Section 27A of the Securities Act. Readers can find them under the heading "Risk Factors" in the Report on Form 10‑K, and investors should refer to them. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.
Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our Form 10-Q, 8-K and 10-K reports to the SEC. Our filings with the SEC may be accessed at the SEC's web site at www.sec.gov.
Update on Legal Matters:
Axon v. FTC
Axon continues to vigorously prosecute its federal court constitutional case against the Federal Trade Commission (FTC) while the FTC's separate antitrust administrative action against the company regarding its 2018 acquisition of Vievu LLC remains stayed.
On January 24, 2022, the U.S. Supreme Court accepted review of an important jurisdictional issue raised by Axon's constitutional challenges to the FTC's internal administrative structure and procedures. The high Court's action is a critical first step for all businesses seeking to vindicate their constitutional rights and hold government regulators accountable. Oral argument is now set at the Supreme Court for November 7. A decision is unlikely before March 2023. Links to all court filings and opinions can be found on Axon's FTC Investor Briefing page at https://www.axon.com/ftc.
Parallel to these matters Axon is evaluating strategic alternatives to litigation, which Axon might pursue if determined to be in the best interests of shareholders and customers. This could include a divestiture of the Vievu entity and/or related assets. While Axon continues to believe the acquisition was lawful and a benefit to Vievu's customers, the cost, risk and distraction of protracted litigation merit consideration of settlement if achievable on terms agreeable to the FTC and Axon.
For investor relations information please contact Investor Relations via email at IR@axon.com.
CONTACT:
Investor Relations
Axon Enterprise, Inc.
IR@axon.com
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SOURCE Axon | https://www.kxii.com/prnewswire/2022/08/09/axon-reports-record-revenue-up-31-286-million-raises-full-year-outlook/ | 2022-08-09T20:34:47Z |
LEHI, Utah, May 17, 2022 /PRNewswire/ -- PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, announced today the completion of a strategic partnership with Belter Insurance located in Orland, California, supported by insurance mergers and acquisitions advisory firm Sica | Fletcher.
Founded in 1982, brothers Matt and Mitch Belter led the recreational marine property and casualty (P&C) insurance agency to bridge the gap between the insurance and marine industries for boat dealers, marine manufacturers, marinas and resorts, and marine specialties throughout the U.S.
"We are excited to welcome Matt and Mitch Belter to the PCF family," says Peter Foy, Chairman, Founder & CEO of PCF Insurance. "PCF Insurance is intentional in selecting Agency Partners, like Belter Insurance, who believe in the PCF business strategy, possess a proven track record of success, are highly entrepreneurial, and looking to grow beyond their current capacity. We are a people-centric organization, fueled by the fundamental belief that through collaboration, PCF and its Agency Partners grow and prosper together."
Belter Insurance becomes the latest addition to an extensive list of successful PCF specialty insurance agencies to benefit from its vast infrastructure of resources and services. The partnership will allow Belter Insurance to simplify its business functions with finance and accounting, human resources, information systems, carrier relations, communications and marketing, and growth operations.
"Our family grew up making memories on Trinity Lake in California. Our love for the water brought us together, so we designed our careers around our passion. Our partnership with PCF welcomes the independence and autonomy we've always enjoyed but also supercharges our national infrastructure and reach, providing the rocket fuel needed for unprecedented growth," said Mitch Belter, owner of Belter Insurance. "It's a win-win, and we're thrilled to become part of the PCF team."
Belter Insurance are experienced representatives of the marine industry building custom insurance programs that are competitive and scalable for boat dealers, marinas, and recreational businesses across the U.S. Learn more at belterinsurance.com.
Headquartered in Lehi, Utah, PCF Insurance Services is a leading full-service consultant and insurance brokerage firm offering a broad array of commercial, life and health, employee benefits, and workers' compensation solutions. A top 20 U.S. broker, PCF's agency-centric operating model and entrepreneurial environment supports its tremendous growth profile, offering partners alignment through equity ownership, significant leadership incentives, and resources to over 2,000 employees throughout the U.S. Learn more at pcfins.com.
Sica | Fletcher is a strategic and financial advisory firm focused exclusively on the insurance industry. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $11,000,000,000 ($11 billion) in insurance agency and brokerage transactions since 2014. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2021 in terms of total deals advised on. Learn more at SicaFletcher.com.
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SOURCE PCF Insurance Services | https://www.kxii.com/prnewswire/2022/05/17/marine-specialists-belter-insurance-joins-pcf-insurance-services/ | 2022-05-17T16:26:41Z |
NEW YORK, June 9, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in CareDx, Inc. ("CareDx" or the "Company") (NASDAQ: CDNA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CareDx investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons or entities who purchased CareDx common stock between February 24, 2021, and May 5, 2022. Follow the link below to get more information and be contacted by a member of our team:
CDNA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) defendants had engaged in a variety of improper and illegal schemes to inflate testing services revenue and demand, including pushing a surveillance protocol through inaccurate marketing materials, offering extravagant inducements or kickbacks to physicians and other providers, and improperly bundling expensive testing services with other blood tests as part of the Company's RemoTraC service for remote, home-based, blood-drawing; (2) these practices, and others, subjected CareDx to an undisclosed risk of regulatory scrutiny; (3) these practices rendered the Company's testing services revenue reported throughout the class period artificially inflated; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT'S NEXT? If you suffered a loss in CareDx during the relevant time frame, you have until July 22, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/06/09/cdna-lawsuit-alert-levi-amp-korsinsky-notifies-caredx-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-09T11:06:07Z |
MISSION, Texas, Aug. 8, 2022 /PRNewswire/ -- The Gulf Intracoastal Waterway (GIWW) runs around the Gulf of Mexico spanning 1,100 miles from Florida all the way to the Rio South Texas community of Brownsville, Texas, at the southernmost tip of the state. The GIWW is the nation's third busiest commercial waterway, only trailing the Mississippi and Ohio rivers, to which it also connects to. This trifecta moves domestic and international cargo between some of the largest industrial centers in North America.
In Rio South Texas, three ports, the Port of Brownsville, Port of Port Isabel, and the Port of Harlingen, service the GIWW, providing companies the opportunity to move supplies and products along this highly efficient route. Products like petroleum, steel materials, and windmill components are just some of the commodities that pass through these Rio South Texas ports. From here, these products are transported throughout the U.S. and beyond via other marine highways or terrestrial transportation routes such as I-69, I-2, and locally present Class I railroads.
Moving large volumes of product is more efficient via waterborne transport, and the GIWW is an integral part of the North American supply chain. Rio South Texas itself is located at the heart of the North American supply chain and the GIWW, situated at our region's footsteps, carries 77.7 million tons of goods (2018) on an average of 45,000 vessels per year – that is equivalent to 5.2 million trucks. Via the GIWW, Rio South Texas gains waterborne access to the 18,000-mile inland waterway system of the U.S. and thereby to major U.S. inland industrial hubs. The connections span from Rio South Texas/Gulf Coast to ports as far north as the Great Lakes and as far east as Pennsylvania.
The GIWW efficiently moves millions of tons of cargo, provides a safer route of transport, and produces less greenhouse emissions by moving commodities on the water. Rio South Texas is a fast-growing bi-national region at the heart of the North American supply chain. From Rio South Texas, you can take your products anywhere, quickly and efficiently, via the GIWW or other modes of transport. If you are looking to manufacture in North America for North America, look at what Rio South Texas has to offer. Our team at COSTEP would be glad to assist you, so please visit us at www.costep.org or follow us at @COSTEP to learn more.
Contact: Matt Ruszczak, +1.956.682.6371, info@costep.org
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SOURCE Council for South Texas Economic Progress | https://www.mysuncoast.com/prnewswire/2022/08/08/rio-south-texas-intercoastal-waterway-your-continental-connection/ | 2022-08-08T11:47:42Z |
Several more products with Jif peanut butter recalled
(Gray News) - Check your pantry and fridge. More items are being recalled in connection to the Jif peanut butter recall.
Initially, there were more than 45 types of peanut butter products recalled because of potential salmonella contamination.
In the latest updates, the FDA said many companies - including Mary’s Harvest, Country Free, Taher and Garden Cut - are voluntarily recalling products as well.
The recalled items include fruit snack trays and celery snack cups that contain Jif peanut butter. Information about specific lot numbers can be found on the products’ recall pages.
Albertsons is recalling products sold under several brand names: Albertsons, Safeway, Lucky, Haggen, Carrs-Safeway, Eagle, Tom Thumb, United, Amigos, Market Street, Albertsons Market, Andronico’s Community Markets, Vons, Pak ‘N Save, Shaw’s, Star Market, Randalls, Vons, Jewel-Osco, ACME, King’s and Balducci’s.
Albertsons products include snack cups and other treats and were sold in Alaska, Arkansas, California, Colorado, Connecticut, the District of Columbia, Delaware, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Maryland, Massachusetts, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Oregon, Pennsylvania, Rhode Island, South Dakota, Texas, Utah, Vermont, Virginia, Washington state, and Wyoming.
Country Fresh’s recalled products were distributed under the brands Snack Fresh, Snack Sensations, Giant, Wegmans and Market32. They were sold in retail stores in Alabama, Connecticut, Delaware, the District of Columbia, Georgia, Florida, Louisiana, Maryland, Massachusetts, Mississippi, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, South Carolina, Tennessee, Virginia, Vermont, and West Virginia.
Coblentz Chocolate Company is recalling its products with peanut butter distributed nationwide between Nov. 12, 2021, and May 21. The products include lot numbers 1315-2140. A long list of products are affected, including Peanut Butter Spread, Milk Chocolate Peanut Butter Cup, Graham Peanut Butter Sandwich and Ritz Peanut Butter Sandwich.
Garden Cut, LLC, Indianapolis, Indiana, is recalling some of its sweet apple wedges, tart apple wedges and celery bites, all with peanut butter. The products were distributed in seven states: Kentucky, Illinois, Indiana, Michigan, Ohio, West Virginia, and Wisconsin.
Mary’s Harvest Fresh Foods Inc, of Portland, Oregon, is voluntarily recalling perishable Celery Peanut Butter Cup G&G and Apple Peanut Butter Cup G&G distributed in Oregon and Washington state.
Taher Inc. is recalling its 6.3 ounce packages of Fresh Seasons Power Packs, distributed in Minnesota and Western Wisconsin in retail stores and vending machines.
Cargill is voluntarily recalling select lots of Milk and Dark Chocolate Covered Peanut Butter Ritz Crackers, Peanut Butter Meltaways, Peanut Butter Eggs and Fudge sold locally through the Wilbur Chocolate Retail Store in Lititz, Pennsylvania and online at Wilburbuds.com.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/25/several-more-products-with-jif-peanut-butter-recalled/ | 2022-05-25T16:04:23Z |
NEW YORK, June 16, 2022 /PRNewswire/ -- Today, Modern Aviation announced it has closed the acquisition of the FBO assets and operations at Superior Aviation Company's ("SACjet") three Sacramento, CA FBO operations from Sacramento International Jet Center Incorporated (operating as Capitol Jet Center) at Sacramento International Airport, Mather Jet Center, Inc. (operating as Mather Jet Center) at Mather Airport, and Patterson Aviation Company (operating as Executive Jet Center) at Sacramento Executive Airport.
Modern Aviation's CEO, Mark Carmen, said, "We are excited for Modern Aviation to be expanding its presence on the west coast of the United States. We look forward to building a long-term relationship with the Sacramento County Department of Airports and investing in the growth of the airports and communities they serve."
Carmen continued, "We are thrilled to welcome approximately 65 new team members to the Modern Aviation family. We also extend a warm welcome to all our new customers and look forward to providing them the best service in the industry, consistently and safely."
About Modern Aviation
Modern Aviation is a growing company that is building a national network of premium FBO properties. Modern Aviation's strategy is to acquire and develop FBO operations in growth markets and to focus on providing exceptional service, extraordinary quality, and industry-leading safety. Modern Aviation is backed by the growth-oriented infrastructure private equity fund, Tiger Infrastructure Partners. Modern Aviation is actively engaged in pursuing additional FBO acquisitions and development opportunities in North America and the Caribbean. For more information visit: https://modern-aviation.com.
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SOURCE Modern Aviation | https://www.kxii.com/prnewswire/2022/06/16/modern-aviation-closes-acquisition-superior-aviation-companys-three-sacramento-ca-fbos/ | 2022-06-16T16:38:43Z |
Feature-packed release delivers an intuitive interface and seamless experience across iOS and Android platforms
TORONTO, Aug. 9, 2022 /PRNewswire/ -- 1Password, the leader in human-centric security and privacy, today unveiled 1Password 8 for iOS and Android, marking the completion of the 1Password 8 roll-out across all supported devices. With a modern design, streamlined productivity features and intuitive security protections, the next generation of 1Password for mobile brings more feature parity between the desktop and mobile apps than ever before. It enables seamless security on the go, making it even easier for anyone to protect their digital life, without hassle, from whichever device they prefer.
"1Password is relentlessly focused on making it easy for anyone to get more done online while staying safe. As we increasingly live and work on our phones, it's essential to provide robust device security that flows just as naturally as the apps we rely on," said Jeff Shiner, CEO of 1Password. "1Password 8 for iOS and Android ushers in a new era for our mobile apps – enabling greater personalization, deepening our human-centric platform and helping to eliminate the headache of logins on mobile devices. Importantly, our updated app reflects our commitment to ensuring people have a seamless experience across all devices and platforms."
The phone is the center of many of our digital lives. People conduct critical activities on their phones, from banking to workplace communications, and the average adult spends nearly four and a half hours each day on mobile devices.
Today's version of 1Password 8 for mobile takes into account direct customer feedback that was gathered during the early access launches of 1Password 8 for iOS and Android earlier this year, to continue raising the bar for usability. Enhancements include:
Productivity - more intuitive features to help users get more done, faster.
- Access items immediately: Highlight favorites, see recently created items, pin specific fields from a login and more.
- Manage sensitive information quickly and easily: Login credentials and sensitive information are automatically created and saved in 1Password, allowing users to seamlessly autofill passwords, credit card information, addresses and more into apps and websites.
- Provide search suggestions: 1Password will automatically suggest potential item matches as users type in search terms, helping them to find what they need, fast.
Security and Privacy - helps users stay ahead on their online security and easily improve protections.
- Refreshed notifications enable easy security updates: The new Watchtower dashboard provides actionable alerts and a holistic view of security risks and vulnerabilities, making it easy for 1Password admins and users to protect themselves by quickly identifying and updating weak passwords, inactive 2FA and compromised passwords that put them at risk.
- Unlock with biometrics: Using Face ID or a fingerprint on their devices allows users to securely and conveniently access 1Password.
Modern Design - enables users to experience 1Password in the way that visually works for them, including Dark Mode.
- Customize 1Password with a new home screen: Allows users to personalize their 1Password experience by highlighting favorites, reordering sections and adding quick actions.
- Find items even more quickly: An updated always-on navigation bar allows users to quickly access their home screen, search for items, and open Watchtower or app settings. It also includes new item icons, typography, detailed views for items and vaults and more.
For more information about 1Password 8 for mobile (iOS and Android), visit this blog post, or download it from your app store.
About 1Password
1Password's human-centric approach to security keeps people safe, at work and at home. 1Password is the only solution built from the ground up to enable anyone – no matter the level of technical proficiency–to navigate the digital world without fear or friction. The company's award-winning credentials management security platform is re-shaping the future of authentication and is trusted by over 100,000 businesses, including IBM, Slack, Snowflake, Shopify, and Under Armour. 1Password protects the most sensitive information of millions of individuals and families across the globe, helping consumers and businesses get more done in less time – with security and privacy as a given. Learn more at 1Password.com.
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SOURCE 1Password | https://www.mysuncoast.com/prnewswire/2022/08/09/1password-deepens-human-centric-approach-with-1password-8-mobile/ | 2022-08-09T13:40:12Z |
End-users can avoid costly delays waiting on new replacement components by repairing electronics
SPRINGFIELD, Mo., Aug. 1, 2022 /PRNewswire/ -- When electronic parts begin to throw error codes or stop working all together in equipment, users can face delays in work, which often cost time and money. Equipment owners have options with how to fix electronic issues and get their machinery up and running again. One pathway for equipment owners to get back to work faster and in a more sustainable way is the electronics repair program at CNH Industrial Reman, available through authorized Case IH, New Holland Agriculture & Construction, Case Construction dealers. This program often provides repair for electronic parts that are obsolete and no longer available. Also, with extended supply chain issues in the market, the repair solution can help avoid delays when new replacement parts are limited or experiencing long lead times.
"With current market conditions impacting the delivery of new machines, we are seeing larger than normal demand for older machine parts support," said Travis Stewart, product manager for electronics at CNH Industrial Reman. "That's what makes the electronic repair program so important. New parts for older equipment may be obsolete and no longer available. Our resources can repair and sometimes reverse engineer obsolete electronic components that are critical for machines to operate. It's providing end-users with an alternative solution to get back to work in a sustainable way."
Stewart says partnerships with key vendors are critical to providing broad access to repaired electronic parts. For example, CNH Reman partners with Breizelec, Inc. to complete repairs on CNH Industrial branded electronic parts. By partnering with companies that already have repair and redesign electronics capabilities as well as understand how the machinery works, CNH Reman can repair parts that otherwise might not be available.
"The partnership between Breizelec and CNH Reman is beneficial to end users because it keeps their equipment operating," said Lisa Trudel, General Manager of the North America Division at Breizelec, Inc. "Dealerships can offer customers a timely repair option that is also sustainable for a reasonable price. In some cases, repaired parts may be available as soon as the next day."
Through strategic partnerships and constant discovery, CNH Reman is continuously increasing electronic repair capabilities to support agricultural and construction machines. Equipment owners facing delays for new replacement parts or having difficulty with locating obsolete parts are encouraged to work with their Case IH, New Holland Agriculture & Construction, or Case Construction dealerships on exploring the option for electronic repairs.
To learn more about CNH Reman, visit mycnhreman.com.
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SOURCE CNH Industrial Reman | https://www.mysuncoast.com/prnewswire/2022/08/01/cnh-industrial-reman-electronics-repair-program-provides-sustainable-option-equipment-owners/ | 2022-08-01T23:01:41Z |
Which ceramic cookware sets are best?
Ceramic cookware has the same benefits as nonstick: healthy cooking and easy cleanup. Ceramic also has the benefit of not releasing toxic fumes or chemicals. However, many ceramic sets require special care, and can’t withstand high temperatures while on the stovetop or in the oven. If you want a do-it-all ceramic cookware set, then the GreenPan SearSmart Hard Anodized Health Ceramic Nonstick Cookware Set is a great choice.
What to know before you buy a ceramic cookware set
Handle and clean with care
The most important thing to consider when choosing a ceramic cookware set is your own cooking and cleaning habits. To avoid the risk of damage, always read cooking and care instructions before purchasing. Some pots and pans cannot be exposed to heat when they are empty and require non-metal utensils. If you like to brown or sear your food, consider stainless steel or cast-iron cookware instead.
Some ceramic cookware sets don’t last long
Many ceramic and nonstick cookware sets on the market lose their coating after a year or so of use. In addition, cooking with a pan at high heat or using metal utensils can remove the nonstick properties, shortening the life of your cookware even more. However, cookware that has a diamond-reinforced coating is less perceptible to damage from overheating and scratches from metal utensils.
Not all pots and pans are oven-safe
Some recipes require starting or finishing your dish in the oven, and the materials used in some ceramic cookware are not conducive to high heat. Cookware with plastic, wood or silicone handles may crack when put in the oven.
What to look for in a quality ceramic cookware set
Material
Many people are attracted to ceramic cookware for its nonstick coating, but it is also important to look at the other materials used to make the pans before purchasing. For example, hard-anodized pans are guaranteed to last longer than aluminum-made pans. Moreover, if you prefer using metal utensils when cooking, make sure the pan’s ceramic coating is durable.
Pieces
Ceramic cookware sets can contain many different size pots, pans and lids. If you plan on using ceramic cookware for most of your cooking or are building your collection up from scratch, then a larger set with a couple of different size saucepans and skillets would be great. Some brands that require special wood or plastic utensils will include them in the set.
Induction stove
Not all the ceramic cookware sets on the market are safe for induction stoves. Pots and pans with flat bottoms made with magnetic materials like iron and steel are ideal for induction stoves. Most product descriptions include what cooktops their pots and pans can and cannot be used on.
How much you can expect to spend on ceramic cookware sets
Ceramic cookware sets can include as least five pieces and as many as 16 pieces. You can expect to pay $70–$350, depending on the size of the set.
Ceramic cookware set FAQ
How is ceramic cookware different from nonstick?
A. Some nonstick pans are made with a coating containing polytetrafluoroethylene, also known as Teflon, which is manufactured using perfluorooctanoic acid. Toxicologists at the University of North Carolina send warning messages about how dangerous these chemicals are when pans are heated above 500 degrees.
Ceramic coated pans are not made with PFOA, per- and polyfluoroalkyl substances, lead or cadmium. If a pan is exposed to high heat, chemicals will not leach into the food you are cooking.
Is ceramic cookware dishwasher-safe?
A. Some ceramic cookware sets are advertised as dishwasher-safe, but the brand may recommend that the user hand-wash for the best care. Oftentimes, warranties are considered void if a cook has put their pans in the dishwasher, so read the fine print in the care instructions.
What are the best ceramic cookware sets to buy?
Top ceramic cookware set
GreenPan SearSmart Hard Anodized Health Ceramic Nonstick Cookware Set
What you need to know: This ceramic cookware from GreenPan is great for the home cook who still wants to brown their food without the tough cleanup.
What you’ll love: These pots and pans come in a 10-piece set, but you can also purchase just a frying pan or a couple of saucepans. They are dishwasher-safe and oven-safe up to 600 degrees. Metal utensils can also be used on their diamond-infused surface.
What you should consider: This is one of the more expensive sets on the market. If you have an induction stove, these pans are not the best option for you.
Where to buy: Sold by Amazon
Top ceramic cookware set for the money
GreenPan Prime Midnight Hard Anodized Healthy Ceramic Nonstick Cookware Set
What you need to know: This set from GreenPan is affordable yet has many of the same features as more expensive cookware.
What you’ll love: This is one of the only sets on the market that comes with a steamer. The hard anodization makes the cookware durable and scratch-resistant. Similar to GreenPan’s other products, these pans are dishwasher- and oven-safe up to 600 degrees.
What you should consider: These pots and pans are not suitable for induction stovetops. There are also fewer options to mix and match, as it only comes in a set of five or 11 pieces.
Where to buy: Sold by Amazon
Worth checking out
Nutrichef Excilon Nonstick Cookware Set
What you need to know: This versatile ceramic cookware set comes with utensils and is great for people with induction stovetops.
What you’ll love: Nutrichef’s ceramic pots and pans are an affordable and stylish option. Their reinforced aluminum base makes them durable and safe for any cooktop. The cookware also has silicone handles for cool touch handling in the kitchen.
What you should consider: This cookware set requires special care. Metal utensils will scratch and damage the surface of these pans. Also, the silicone handles cannot withstand high oven temperatures.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/kitchen-br/cookware-cooking-sets-br/best-ceramic-cookware-set/ | 2022-06-10T14:27:23Z |
HONG KONG, June 16, 2022 /PRNewswire/ -- Global Cord Blood Corporation (NYSE: CO) ("GCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services, is pleased to announce that Cellenkos, Inc. ("CLNK") recently announced that the U.S. Food and Drug Administration ("FDA") has cleared its Investigational New Drug ("IND") application to initiate a Phase 1b, open-label study of CK0804 as an add on therapy to ruxolitinib in patients with myelofibrosis who experience a suboptimal response to ruxolitinib. Details related to this news can be found via the following Cellenkos news announcement:
Ms. Ting Zheng, Chief Executive Officer and Chairperson of GCBC commented, "The Global Cord Blood team is encouraged by the above news announced by CLNK which highlights a potentially transformative treatment for myelofibrosis patients. We congratulate CLNK team on this development."
About Global Cord Blood Corporation
Global Cord Blood Corporation is an umbilical cord blood banking operator serving multiple regions in China. Global Cord Blood Corporation provides cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services. For more information, please visit the Company's website at: http://www.globalcordbloodcorp.com.
For more information, please contact:
Global Cord Blood Corporation
Investor Relations Department
Tel: (+852) 3605-8180
Email: ir@globalcordbloodcorp.com
ICR, Inc.
William Zima
Tel: (+86) 10-6583-7511
U.S. Tel: (646) 405-5185
Email: William.zima@icrinc.com
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SOURCE Global Cord Blood Corporation | https://www.kxii.com/prnewswire/2022/06/16/global-cord-blood-corporation-announced-cellenkos-receives-fda-clearance-ind-application-ck0804-add-therapy-ruxolitinib-treatment-myelofibrosis/ | 2022-06-16T21:10:49Z |
GOBankingRates' 'How Well Do You Know Your Money?' franchise aims to help readers understand important terminology, strategies and risks related to crucial personal finance topics like investing and retirement planning.
LOS ANGELES, April 4, 2022 /PRNewswire/ -- For financial literacy month, GOBankingRates wants to help people become more knowledgeable and empowered when it comes to all aspects of managing their money. Its new "How Well Do You Know Your Money?" franchise provides a wide range of content that will give readers the confidence they need to make smart financial decisions.
This month-long guide, which has over 100 pieces of content, covers the five key principles of financial literacy according to the Financial Literacy and Education Commission: earn, save and invest, spend, borrow and protect. It also takes a closer look into financial literacy and how it can help you to build wealth and how financial literacy compares around the world.
GOBankingRates' franchise also features exclusive survey data revealing how Americans have been monetarily hurt by financial illiteracy, which money topics they feel like they need more education on and more. The franchise will also help people at different stages of their lives as it covers how financial literacy changes once you're retired and how families can work together to make sure they all stay educated about money.
"Simple money topics like understanding what APR and APY mean and how they impact you can really help people to make better financial decisions. We can end up spending more or not making the most of our savings simply because we haven't received enough education on these matters, and that's something that we hope to help change," said Molly Sullivan, senior editor at GOBankingRates.com. "Financial literacy isn't going to solve all the money problems people have, but it can make a big impact."
If you have any questions or wish to speak to a GOBankingRates editorial representative, please direct all media inquiries to:
Contact:
Carly Brashears
GOBankingRates.com
cbrashears@consumertrack.com
About GOBankingRates
GOBankingRates.com is a personal finance news and features website dedicated to helping visitors Live Richer™. From tips on saving money to investing for retirement or finding a good interest rate, GOBankingRates helps turn financial goals into milestones and money dreams into realities. Its content is regularly featured on top-tier media outlets, including MSN, Yahoo!, FOX Business, CNBC, Business Insider, USA Today and dozens of others. GOBankingRates specializes in connecting consumers with the financial institutions and products that best match their needs. Start your journey toward a rich mind and full wallet with us at www.gobankingrates.com.
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SOURCE GOBankingRates | https://www.wibw.com/prnewswire/2022/04/04/gobankingrates-kicks-off-financial-literacy-month-with-comprehensive-guide-personal-finance/ | 2022-04-04T15:30:45Z |
LA Mayor Eric Garcetti joined developer CADI and project team members to celebrate permanent supportive housing coming to Los Angeles and made possible through Measure HHH and No Place Like Home programs
CULVER CITY, Calif., July 26, 2022 /PRNewswire/ -- Century Housing (Century) joined LA Mayor Eric Garcetti to celebrate the groundbreaking of The Banning, an all-new permanent supportive housing (PSH) development coming to the Los Angeles Harbor region neighborhood of Wilmington to provide 64 affordable homes for small families and individuals experiencing homelessness.
Developer Century Affordable Development, Inc. (CADI) thanked financial partners including the City of Los Angeles which contributed Measure HHH funding. "Through Proposition HHH, Angelenos funded opportunities for people to start anew. The Banning will provide more than just a place to stay, it will offer hope and stability," said Mayor Eric Garcetti. "Thank you to our partners and to the voters who believed in Proposition HHH."
LA Councilman Joe Buscaino remarked, "Solving homelessness requires a comprehensive housing system that meets unhoused residents at all levels of their journey. The final step to that journey is a place they can call their own. I am happy to know that 64 people will be housed and supported through The Banning development here in Wilmington. Every time our communities say yes to housing solutions, we move one step closer to solving the homelessness crisis."
Supplementing City support, the County of Los Angeles provided No Place Like Home funds. Together, these voter-approved programs have helped accelerate the rate of permanent housing development throughout Los Angeles and will help thousands of low-income and unhoused seniors, families, and individuals find a quality home with appropriate services available on-site.
Construction financing was provided by Wells Fargo while permanent financing will be delivered from Citibank. The Federal Home Loan Bank of San Francisco also provided AHP financing through Wells Fargo. "Century is proud to partner with the City of Los Angeles and the County of Los Angeles along with Wells Fargo and Citi from the private sector to deliver these beautiful homes to individuals and families in need," said Brian D'Andrea, Senior Vice President of Century Housing.
Gilbert Gonzales, Development Manager at Century Housing and project lead on The Banning, said "This site has been vacant for decades. Community members in Wilmington have expressed that this has led to blight, illegal dumping, and other issues. The Banning will replace a large vacant lot with a modern beautiful building and extensive landscaping."
CADI recognized the contributions of the project team, which includes architect GGA+ and contractor Walton Construction Services. The team took care to design a community that prioritizes resident needs, fits the scale of the neighborhood and provides plentiful onsite parking. All residents will have access to on-site supportive services provided by Century. The Banning will build upon Century's larger permanent supportive housing footprint in SPA 8, including the City of Long Beach.
"Our goal is to develop projects that foster community and comfort and are responsive to our resident's lived experiences. The Banning will have engaging indoor and outdoor spaces designed for both structured and organic interactions between residents, in a setting that feels safe and creates a pride in home," said Oscar Alvarado, Vice President of Housing at Century.
Development will adhere to prevailing wage labor rates and local hire labor requirements. Century has enlisted the support of Los Angeles Housing Compliance and Power2Workers to maximize job creation for Harbor area residents. The Banning is expected to be completed in December 2023.
Century Housing is a mission-driven Community Development Financial Institution (CDFI) supporting quality affordable home development throughout California. Century Housing provides innovative end-to-end financing from acquisition to permanent loans and serves as a reliable partner to state and local agencies, municipalities and other CDFIs in pioneering impactful financing programs like GSAF or LACHIF. Century's in-house development affiliate, Century Affordable Development, Inc., operates a portfolio of more than 2,100 affordable homes with several thousand in the pipeline. Visit www.century.org and www.centuryaffordable.org for more information.
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SOURCE Century Housing | https://www.kxii.com/prnewswire/2022/07/26/century-housing-breaks-ground-banning-64-supportive-apartment-homes-people-experiencing-homelessness-wilmington/ | 2022-07-26T13:38:11Z |
WASHINGTON, July 15, 2022 /PRNewswire/ -- The National Press Club, the world's leading professional organization for journalists, has chosen Sean Cummings of Portland, Oregon, as the recipient of its 2022 Shirley & Dennis Feldman Fellowship. The award for graduate students is a one-time scholarship of $5,000.
Cummings, a freelance writer, has had work appear in the Santa Barbara Independent, Mountain Journal, and The Stanford Daily, as well as in a few regional environmental newsletters in Southern California. He will pursue a science communication master's degree at the University of California Santa Cruz.
The judges were very impressed with Cumming's writing skills and work portfolio. He holds a Bachelor of Arts with Honors in Environmental Humanities from Whitman College.
"I love that every pitch and assignment lets me admit ignorance and learn something new. I love the puzzle of arranging words to not only describe the scientific process but also the wonder and grief of its discoveries—a crucial responsibility during the climate crisis," Cummings wrote in his application.
As an intern with The Santa Barbara Independent, Cummings has covered a number of environmental issues, including a proposed housing development's potential ecological impacts and the debut of a new whale detection system, designed by scientists and oceanographers to minimize collisions between whales and shipping vessels in the Santa Barbara Channel.
"Sean has the key traits a journalist needs: a strong sense of curiosity, a humble intelligence, the ability to do research and ask smart questions, and the talent to boil down a quantity of information into a good and readable story," wrote Jean Yamamura, intern coordinator for The Santa Barbara Independent, in her recommendation letter. "Sean also displayed the courage a writer needs to tackle an unfamiliar and daunting story. His coverage of an acrimonious city council recall election in Solvang, California, resulted in persistent emails and calls from sources, many of them passionate local characters with hotly conflicting perspectives, tasks he shouldered gracefully."
Cummings turned to writing and reporting after discovering studying science went differently than he'd imagined.
"My first day on the reef during Stanford's Wrigley Field Program in Hawaii rendered me useless
as a scientist. I'd hoped to get a taste for field science and on that day, it meant counting fish," he wrote in his application essay. "I didn't want to count fish. I wanted to follow them around in childish stupefaction, to memorize their shapes, movements and hues. I enjoyed learning about the reefs but proved a sloppy data-gatherer, too fascinated with the sensory euphoria to focus on transect surveys."
Cumming's work as a reporter has unleashed a passion which could well lead him into a significant career in journalism, wrote academic advisor Don Snow in a recommendation letter:
"He sees the profession as a form of public service. As a former journalist … I can readily applaud his motives for wanting to enter into the work of the fourth estate."
Judges said Cummings's background in science would bring a much needed perspective to journalism.
"We are excited to celebrate Sean's direction in science journalism," said Jen Judson, National Press Club president. "With his strong writing skills and desire to show readers how the world works around them, he is poised for success."
This year's runner-up is Mariama Jallow of Salem, North Carolina.
Scholarship winners and runners-up are awarded one-year complimentary membership to the National Press Club.
CONTACT: Julie Moos, National Press Club Journalism Institute; jmoos@press.org
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SOURCE National Press Club | https://www.kxii.com/prnewswire/2022/07/15/national-press-club-awards-sean-cummings-2022-shirley-amp-dennis-feldman-fellowship/ | 2022-07-15T21:21:53Z |
Free meals available for kids this summer
Published: Jun. 6, 2022 at 12:35 PM EDT|Updated: 27 minutes ago
SARASOTA, Fla. (WWSB) - All Faiths Food Bank wants to remind parents who rely on free or reduced cost school lunches for their children still access free meals over the summer.
Meals are still available through the Food Bank, in partnership with Food and Nutrition Services of Sarasota and DeSoto counties.
The summer months can be especially difficult for the children of families struggling to put food on the table.
The distribution schedules can be found here.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/06/free-meals-available-kids-this-summer/ | 2022-06-06T17:04:11Z |
Type Certification will allow Matternet to scale drone delivery operations in the US and gives the company a strong competitive advantage
MOUNTAIN VIEW, Calif., Sept. 7, 2022 /PRNewswire/ -- Matternet, developer of the world's leading urban drone delivery system, today announced that the Matternet M2 drone has achieved Type Certification by the Federal Aviation Administration (FAA). As the first non-military unmanned aircraft to achieve Type Certification in the US, this gives Matternet a strong competitive advantage in the drone delivery market. The completion of the four-year rigorous evaluation by the FAA proves the safety and reliability of the M2 aircraft, a key step in scaling US commercial drone operations.
"We are incredibly proud that Matternet M2 has met the very rigorous safety standards of the FAA and is the first drone delivery system to be Type Certified in the United States," said Andreas Raptopoulos, founder and CEO of Matternet. "Drone delivery will revolutionize healthcare and e-commerce in the US. We've been at the forefront of this revolution since launching US operations in 2019 — we are now ready for scale."
For the last four years, a select number of UAS, including the Matternet M2, have been operating under Part 135, the FAA framework for revenue on-demand air carrier operations, using an exemption while the systems are evaluated. With a Type Certification, implementing new networks and getting approvals will be a more streamlined and predictable regulatory process. Additionally, air carrier operating licenses such as Part 135 on-demand transportation can only use Type Certified aircraft.
"This is a victory for not only Matternet, but for the whole UAS industry as it indicates a maturing of the industry and a shift away from exemptions and waivers towards more standard regulation," said Jim O'Sullivan, vice president of regulatory strategy for Matternet. "Matternet would like to thank the FAA, as well as our advisors at End State Solutions."
The evaluation process imposes stringent requirements on the design of the aircraft, how it's documented, and how it's tested across a wide range of conditions and over thousands of flights. As a result, it was proven that the M2 drone is airworthy and eligible for commercial delivery operations in the US.
Matternet is the leading developer of commercial drone delivery systems for urban and suburban environments. The company ships the Matternet M2 drone and Matternet Software Platform and operates its technology directly for customers or in partnership with logistics organizations, such as UPS. In 2017, Matternet became the first company in the world to be authorized for commercial BVLOS operations of drone logistics networks over cities in Switzerland. In 2019, Matternet and UPS partnered to launch drone delivery services in the US and together started the first revenue drone delivery operations in the US. In 2021, Matternet announced its first city-wide drone delivery network in partnership with the Department of Health of Abu Dhabi. In 2022, Matternet M2 became the first drone delivery system to achieve Type Certification by the Federal Aviation Administration in the US. To date, Matternet technology has enabled over 20,000 commercial flights. For more information about Matternet, please visit: https://mttr.net.
Media Contact
Jenny Russo
jenny@matternet.us
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SOURCE MATTERNET, INC. | https://www.kxii.com/prnewswire/2022/09/07/matternet-m2-drone-delivery-system-first-achieve-faa-type-certification/ | 2022-09-08T00:00:03Z |
- HGC has partnered with a leading SFC licence applicant for operating an STO trading platform in Hong Kong
XIAMEN, China, Aug. 18, 2022 /PRNewswire/ -- HGC (BVI) Info Tech Ltd. ("HGC"), the issuer of Trucpal Tokens ("Trucpal"), officially announced its Global Partnership Program. Hong Kong Digital Asset Ex Limited ("HKbitEX") became one of HGC's first partners. Trucpal has been offered globally on July 25, 2022 through INX Securities, LLC, a registered broker-dealer and a member of FINRA/SIPC in the United States. Each Trucpal represents an entitlement to a portion of the qualifying revenue of HGC.
HGC is a leading digital SaaS service provider serving the Chinese freight market. HGC maintains its strengths and position through continuous business innovation and an open system. With an annual output value of US$1.5 trillion in 2020 and annual transportation volume of 52.1 billion tons in 2021 in the Chinese freight market, HGC believes that China is the world's most promising digital freight market.
HKbitEX is a leading digital asset exchange headquartered in Hong Kong. HKbitEX is committed to providing a compliant and regulated digital asset spot trading and over-the-counter (OTC) trading platform for global professional investors. HKbitEX is one of the first organizations in Asia-Pacific to apply for a license to operate as a virtual asset service provider from the Securities and Futures Commission in Hong Kong (SFC), which will further enable it to offer compliant, secure and reliable digital asset trading services to global professional and institutional investors. In 2022, HKbitEX was selected as one of the top ten emerging financial technology (Fintech) giants in Hong Kong in the report "Emerging Giants in Asia Pacific" jointly released by KPMG and HSBC.
HGC aims to cooperate with all compliant trading platforms to list Trucpal globally. Based on that, HGC announced the Global Partnership Program. It is expected that Trucpal will become one of the first security tokens that can be traded in multiple securities trading platforms and markets worldwide.
This collaboration between HGC and HKbitEX will bring the parties to work together to coordinate compliance solutions, to seek regulatory approvals and to meet relevant registration requirements in both the United States and Hong Kong. The collaboration will also allow HGC and HKbitEX to jointly develop technical solutions that comply with the digital securities regulations and regional legal requirements and seize market opportunities together.
Wendong Zhang, Founder of HGC commented: "We are pleased to see more and more compliant trading platforms participating in the STO market. HKbitEX will certainly be one of the most active platforms among them, and we are happy to cooperate with HKbitEX to potentially list Trucpal and to provide compliant securities token trading in the Hong Kong market in the future. It will foster collaboration amongst each other, and encourage HGC and HKbitEX to explore the future of digital securities together."
Dr. Shibin Wang, Director of HKbitEX commented: "Hong Kong has solid financial infrastructure and legal system, as well as a well-developed Fintech innovation environment. We are pleased to see that Hong Kong has established a complete digital asset regulatory framework in the past three years. HKbitEX has been working hard to liaise with the regulators on the licensing matters for the trading of STOs. STOs, as a combination of physical assets and blockchain technology, help improve the efficiency of financial markets. We will keep building a compliant and safe trading platform, and remain open to cooperate with projects worldwide after obtaining the required licences and approvals from the regulatory authorities."
About HGC
HGC operates a blockchain based freight service SaaS platform in China. HGC believes that China is the world's most promising digital freight market. HGC maintains its strengths and position through continuous business innovation and an open system. The HGC/Trucpal Team has been developing and operating in the field of freight and crypto for many years. Since its official launch in February 1, 2021, the Trucpal App has a record of 300 million RMB on gross merchandise value. More than 7,000 cooperatives and 4.5 million Trucpoints have been mined by its users.
About HKbitEX
HKbitEX is a leading digital asset exchange headquartered in Hong Kong. HKbitEX is committed to providing a compliant and regulated digital asset spot trading and over-the-counter (OTC) trading platform for global professional investors. HKbitEX is one of the first organizations in Asia-Pacific to apply for a licence to operate as a virtual asset service provider from the Securities and Futures Commission in Hong Kong (SFC).
Integrating both financial technology (Fintech) and regulation technology (RegTech), HKbitEX has strong capabilities in tracking and interpreting regulatory policies for digital assets. The team also has significant technology expertise and regularly engages with regulators in order to provide efficient and effective compliance processes for users. The founders and the management team of HKbitEX have extensive experience and advanced technological knowledge in areas such as exchange operations, cyber security, Fintech, asset management and securities brokerage. The HKbitEX team is committed to making HKbitEX the role model in a new era for digital asset trading.
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SOURCE HGC (BVI) Info Tech Co. Ltd. | https://www.wibw.com/prnewswire/2022/08/18/trucpal-token-seeks-be-traded-hong-kong-financial-market-future/ | 2022-08-18T14:13:01Z |
BEIJING, Sept. 7, 2022 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that, based on a notification letter the Company received from the New York Stock Exchange (the "NYSE") on September 1, 2022, the Company has regained compliance with the NYSE's continued listing standard for minimum share price.
On May 31, 2022, the NYSE notified the Company that it was not in compliance with the NYSE's continued listing standards because, as of May 27, 2022, the average closing price of the Company's American depositary shares (the "ADSs") was less than US$1.00 per ADS over a consecutive 30 trading-day period.
On September 1, 2022, the Company received a confirmation from the NYSE that a calculation of the Company's average ADS price for the 30-trading days ended August 31, 2022 indicated that the Company's ADS price was above the NYSE's minimum requirement of US$1.00 based on a 30-trading day average. Accordingly, the Company is no longer considered below the US$1.00 continued listing criterion. As a result, the Company has regained compliance within the prescribed time, and the ADSs will continue to be traded on the NYSE, subject to the Company's continued compliance with all applicable continued listing standards.
About Cloopen Group Holding Limited
Cloopen Group Holding Limited is a leading multi-capability cloud-based communications solution provider in China offering a full suite of cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). Cloopen's mission is to enhance the daily communication experience and operational productivity for enterprises. Cloopen aspires to drive the transformation of enterprise communications industry by offering innovative marketing and operational tactics and SaaS-based tools.
For more information, please visit https://ir.yuntongxun.com.
Forward-Looking Statements
This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Cloopen may also make written or oral forward-looking statements in its reports filed with or furnished 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. Any statements that are not historical facts, including statements about Cloopen's beliefs and expectations as well as its financial outlook, are forward-looking statements. These forward-looking statements are based on Cloopen's current expectations and involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Cloopen's filings with the SEC. All information provided in this press release is current as of the date of the press release, and Cloopen does not undertake any obligation to update such information, except as required under applicable law. All forward-looking statements are qualified in their entirety by this cautionary statement, and you are cautioned not to place undue reliance on these forward-looking statements.
For investor and media inquiries, please contact:
Cloopen Group Holding Limited
Investor Relations
Email: ir@yuntongxun.com
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SOURCE Cloopen Group Holding Limited | https://www.mysuncoast.com/prnewswire/2022/09/07/cloopen-regains-compliance-with-nyse-minimum-price-requirement/ | 2022-09-07T13:24:39Z |
Margaritaville at Sea offers free paradise cruise for military, first responders and educators
(Gray News) - A popular cruise line says it’s honoring frontline workers by helping cover their select cruise fare to the Bahamas.
The Margaritaville at Sea cruise line recently announced a “Heroes Sail Free” program.
According to a news release, the program provides one free cruise to the Bahamas for U.S. military service members, police, emergency medical service workers and educators.
“Welcome aboard, heroes, with a big thank you for your service,” said singer-songwriter Jimmy Buffett. “Now, we feel honored to serve you at sea.”
The cruise line said the three-day, two-night getaway starts from the Port of Palm Beach and sails to Freeport in the Bahamas aboard its Margaritaville at Sea Paradise cruise ship.
According to the company, its flagship vessel features several gourmet foods and beverage options, spa treatments and much more.
“To show our sincere gratitude for their ongoing service, we wanted to offer these frontline heroes a chance to kick off their boots and work shoes and flip flop into a relaxing getaway,” said Kevin Sheehan, Jr., CEO of Margaritaville at Sea.
The cruise program is a partnership between Margaritaville at Sea and GovX.com, the largest military and government e-commerce site.
The cruise line said the program is running through Dec. 29, 2023.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/10/margaritaville-sea-offers-free-paradise-cruise-military-first-responders-educators/ | 2022-09-10T18:00:21Z |
BENSALEM, Pa., June 13, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. ("Li-Cycle" or the "Company") (NYSE: LICY).
Class Period: February 16, 2021 – March 23, 2022
Lead Plaintiff Deadline: June 20, 2022
Investors suffering losses on their Li-Cycle investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Li-Cycles largest customer, Traxys North America LLC, is not actually a customer, but merely a broker providing working capital financial to the Company while Traxys tries to sell Li-Cycles product to end customers; (2) the Company engaged in highly questionable related party transactions; (3) the Company's mark-to-model accounting is vulnerable to abuse and gave a false impression of growth; (4) a significant portion of the Company's reported revenues were derived from simply marking up receivables on products that had not been sold; (5) the Company's gross margins have likely been negative since inception; (6) the Company will require an additional $1 billion of funding to support its planned growth (which is a figure greater than the Company raised via the merger); and (7) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith | https://www.mysuncoast.com/prnewswire/2022/06/13/licy-investors-have-opportunity-lead-li-cycle-holdings-corp-fka-peridot-acquisition-corp-securities-fraud-lawsuit/ | 2022-06-13T16:01:48Z |
NEW YORK, Sept. 2, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of LifeStance Health Group, Inc. (NASDAQ: LFST).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/lifestance-health-group-inc-loss-submission-form/?id=31302&from=4
This lawsuit is on behalf of all purchasers of LifeStance common stock pursuant and/or traceable to the documents issued in connection with LifeStance's June 10, 2021 initial public stock offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until October 11, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, LifeStance Health Group, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the number of virtual visits clients were undertaking utilizing LifeStance Health was decreasing as the COVID-19 lockdowns were being lifted, thereby flatlining LifeStance Health's out-patient/virtual revenue growth; (ii) the percentage of in-person visits clients were undertaking utilizing LifeStance Health was increasing as the COVID-19 lockdowns were being lifted, thereby causing LifeStance Health's operating expenses to increase substantially; (iii) LifeStance Health had lost a large number of physicians due to burn-out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the initial public offering's registration statement, and LifeStance Health had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (iv) as a result, LifeStance Health's business metrics and financial prospects were not as strong as the initial public offering's registration statement represented.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/09/02/lfst-shareholder-alert-jakubowitz-law-reminds-lifestance-shareholders-lead-plaintiff-deadline-october-11-2022/ | 2022-09-02T11:02:08Z |
SHANGHAI, June 29, 2022 /PRNewswire/ -- On Jun 24th, 2022, autonomous trucking startup Inceptio Technology was approved to test its L4 autonomous trucks without drivers in the driver's seat on public roads in Deqing, Zhejiang.
With this testing permit, Inceptio Technology now can conduct autonomous driving tests in a designated area without a safety driver present in the truck. From now on, Inceptio will enter a broader and higher-level stage of "Driverless" testing which parallel with a commercial scenario.
Previously, on December 23, 2021, Inceptio Technology completed China's first L4 driverless heavy-duty truck test based on Inceptio's mass production capability on a closed highway in Laiwu, Shandong. Inceptio's trucks successfully handled a wide range of highway scenarios and traffic flow without any human intervention.
Julian Ma, the founder and CEO of Inceptio Technology, said, "Becoming the first company to obtain the L4 autonomous heavy-duty truck road testing permit in Deqing greatly recognizes Inceptio's expertise in autonomous driving technology. Inceptio will maximize this advantage to further advance its leadership in technology and products, and contribute new breakthroughs to China's autonomous driving industry."
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SOURCE Inceptio Technology | https://www.kxii.com/prnewswire/2022/06/29/inceptio-technology-became-first-company-china-receive-driverless-public-road-testing-permit-l4-autonomous-driving-heavy-duty-trucks/ | 2022-06-29T07:43:32Z |
NEW LONDON, Conn. (AP) — The growing offshore wind industry is often touted as a boon for job creation, but who will do the work?
The U.S. energy secretary and Danish wind developer Orsted say they want American union workers to build offshore wind farms to dot the U.S. coastlines — the building trades workers who could otherwise be left out of a transition to renewable resources.
A majority of onshore wind and solar farms have been built either with non-union workers or without collective bargaining agreements, except for in California where unions are more involved in the industry, according to North America’s Building Trades Unions. Orsted signed a project labor agreement this month with the national union representing 3 million people in the building trades to construct the company’s U.S. offshore wind farms with an American union workforce.
“Our recent experience in the last two decades with onshore wind and solar has been that the majority of those projects are not built with us,” NABTU Secretary-Treasurer Brent Booker said this week. “So this is groundbreaking in setting the standard for an emerging industry here.”
The Biden administration wants to deploy 30 gigawatts of offshore wind energy by 2030, generating enough electricity to power more than 10 million homes. Energy Secretary Jennifer Granholm visited the New London State Pier facility last week to see how Orsted, energy provider Eversource and the state of Connecticut are transforming it into a hub for the offshore wind industry.
At a press conference after, the Democratic governor and Democratic congressmen spoke about creating American jobs — messaging that will surely play into their reelection campaigns.
Gov. Ned Lamont said there are “hundreds of good paying jobs right here” and “we’re just getting started.”
U.S. Sen. Richard Blumenthal thanked the unions, saying “this is the future of energy in the United States of America right here.” U.S. Rep. Joe Courtney said they’re maximizing every opportunity for the state to grow in a sustainable way.
U.S. Sen. Chris Murphy, the only one not up for reelection, echoed the same message, saying offshore wind is the “holy grail of public policy” because it creates jobs, helps the local economy, makes the country more secure and helps save the planet.
Flanked by building trades members, Granholm said the administration is committed to creating “union jobs in America in this clean energy economy.” She said she wants predominantly American union workers to build U.S. offshore wind farms and would like to see project labor agreements in all aspects of the energy transition, drawing cheers from workers at the pier.
“That’s what we’d like, all union,” she told The Associated Press.
Allison Ziogas, Orsted’s U.S. labor relations manager, said one of the reasons they sought the agreement with NABTU was to assure workers, particularly in the fossil fuel industry, that they can have good-paying jobs in offshore wind.
“There is not the same level or quality of jobs with the solar industry, so it’s kind of created a false narrative that you can have good jobs or a healthy climate but not both,” she said. “And we really recognized that if we didn’t have everyone on board, we knew how things would wind up. It would wind up in gridlock.”
Orsted currently has six projects in five states. The “National Offshore Wind Agreement” covers contractors working on those projects and future ones, with no termination date on the project labor agreement. It sets the terms and conditions for union workers to build offshore wind farms, with targets to ensure a diverse workforce. It contains provisions for training to ensure they can construct the complex infrastructure.
Ziogas said nearly all of the total work hours on each project will be done with union labor, with a team from abroad with experience installing turbines supporting the offshore work. She said Orsted is committed to “creating an American industry,” and hopes the agreement sets the bar for it.
Keith Brothers, head of the building trades in Connecticut, said he briefly spoke with Granholm at the pier about the project labor agreement. Brothers said it’s about creating opportunities, not only for a longtime tradesman but also for a new apprentice looking for a career in the emerging U.S. offshore wind industry.
“That’s what’s exciting about it, it’s new. We really don’t know what it’s going to bring or how many jobs. But we know it’s a lot,” he said. “We know it’s new and there’s a lot coming.”
The first U.S. offshore wind farm began operating off Block Island, Rhode Island, in late 2016. Orsted acquired the developer and now operates that five-turbine wind farm. The first commercial-scale project is off the coast of Massachusetts.
The Biden administration has also approved the construction and operations for South Fork Wind, a joint venture between Orsted and Eversource. Its transmission system will connect to the electric grid on Long Island, New York, making it the state’s first offshore wind farm and jumpstarting the offshore wind industry there. The onshore construction started in February. | https://cw33.com/business/ap-business/energy-secretary-us-offshore-wind-jobs-should-be-union-jobs/ | 2022-05-28T13:07:25Z |
GOTHENBURG, Sweden, Sept. 7, 2022 /PRNewswire/ -- Isofol Medical AB (publ), (Nasdaq Stockholm: ISOFOL) today reported data from the AGENT study that formed the basis for its assessment that it was not justified to continue the study. Isofol will continue to collect and review data related to, among other areas, subgroups and gene expression, in order to identify possible commercial value. Data has so far failed to show any concrete results of value, which means severely limited commercial potential. The AGENT study will be terminated in accordance with applicable ethical considerations and regulatory requirements, which will occur during the autumn. Parallel to this, Isofol's Board of Directors will evaluate possible courses of action to secure the greatest possible value for Isofol's shareholders.
The information in this press release is intended for investors.
On August 3, 2022 Isofol presented top-line results showing that the AGENT study met neither its primary endpoint nor its key secondary endpoints. On August 31, 2022 the company announced that based on available data[1], it was not justified to continue conducting the AGENT study further. Today, Isofol is able to present data from the AGENT study that formed the basis for this assessment and that indicate a severely limited clinical and commercial value for Isofol:
- The P-value[2] for the primary endpoint of objective response rate (ORR) was approximately 0.85 and the study arms displayed no difference in outcome. Data for this endpoint is deemed to be final.
- Progression-free survival (PFS) was approximately 12.8 months for the arfolitixorin arm and 11.6 months for the control arm, with a P-value of 0.76. Data for this endpoint is not final but it is not deemed to change significantly moving forward.
- Analysis of overall survival (OS), one of the AGENT study's safety endpoints, showed a preliminary indication of a non-significant detrimental trend for the experimental arm of the study compared with the control arm.
- There was no difference between the study arms with regards to key safety data.
- No significant differences between the study arms in any subgroups have been identified so far.
Isofol will continue to collect and analyze study data throughout the autumn so that the final study report can be compiled. This work will cover final analysis of subgroups, gene expression and additional safety data to identify possible clinical and commercial value. Parallel to this, work continues to close down the AGENT study in line with applicable ethical aspects and regulatory requirements for termination of phase III studies. This process will require both company time and resources during the autumn. Moreover, Isofol must take into consideration patients who are still undergoing treatment and follow up and this process must be completed in an ethically sound way. The AGENT study will be concluded when all patients have been taken care of, all data is available, and all analyses are finalized.
"The clinical results that we have access to right now point to a severely limited clinical and commercial value. This is a huge disappointment given the large medical need for new treatments of advanced colorectal cancer. Even if the opportunities of finding results that indicate commercial value are limited, we will continue to analyze the AGENT study's data as it becomes available. At the same time, we are focusing on closing down the study appropriately with regards to ethics and regulations, as well as optimizing the company's resources as new information becomes available," said Ulf Jungnelius, CEO of Isofol.
Isofol is actively implementing measures to decrease costs and thereby protect the company's financial position. Isofol's current assessment is that additional in-house studies cannot be justified.
As communicated on August 31, Isofol's Board of Directors has taken the decision to investigate potential courses of action to secure the greatest possible value for Isofol's shareholders. These options can consist of, among others, structural deals such as clinical collaborations or a potential merger with another company. The Board of Directors will consider additional options should they arise.
[1] Final clinical data is not yet available but Isofol's assessment is that the current data will not change significantly moving forward.
[2] The P-value describes the probability that the result is a matter of chance. Values close to 1 do not indicate statistical difference, while a low value (often below 0.05) indicates a statistically significant difference.
Isofol Medical AB (publ)
Jarl Ulf Jungnelius, M.D., Chief Executive Officer
E-mail: jungnelius@isofolmedical.com
Phone: +46 (0) 709 16 89 55
Roger Tell, M.D., PhD, Chief Medical Officer
E-mail: roger.tell@isofolmedical.com
Phone: +46 (0) 760 293 911
The information was submitted for publication, through the agency of the contact person set out above, at 12.00 CEST on September 7, 2022.
The Phase III AGENT Study is the first to evaluate a meaningful alternative to the standard of care for most patients with metastatic colorectal cancer (mCRC) in 20 years and involves approximately 90 clinics in the U.S., Canada, Europe, Australia, and Japan. The Phase III randomized, controlled, multi-center study of 490 patients assessed the efficacy and safety of arfolitixorin, [6R]-5,10 methylene-THF (MTHF), compared to leucovorin, both used in combination with 5-U, oxaliplatin, and bevacizumab, in first line mCRC patients.
The study was designed to show that arfolitixorin was better than leucovorin and that the results would be statistically significant. Patients were randomized in a 1:1 ratio with the primary endpoint being an overall response rate (ORR) >10 percent improvement vs. the control arm. The key secondary endpoint is a clinically meaningful positive trend in progression free survival (PFS). Other secondary endpoints include duration of response (DOR), number of curative metastasis resections, safety, and patient reported outcomes such as quality of life (QoL). Exploratory endpoints include pharmacokinetic (PK) measurements and level of gene expression of folate relevant genes in tumor cells.
In the AGENT study, patients with non-resectable mCRC treated with arfolitixorin in combination with 5-FU, oxaliplatin and bevacizumab did not achieve a statistically significant overall response rate of ≥ 10% as compared to patients treated with the standard of care (leucovorin + 5-FU, oxaliplatin and bevacizumab).
About Isofol Medical AB (publ)
Isofol Medical AB (publ) is a clinical stage biotech company that is developing and progressing the current standard of care for patients suffering from cancer by working to improve the efficacy of the current chemotherapeutic standards of care. Isofol is focused on developing a first line treatment of metastatic colorectal cancer (mCRC) and seeks to elevate current clinical practice by unlocking the full strength of 5-FU with the addition of arfolitixorin. Isofol holds a worldwide exclusive licensing agreement with Merck & Cie, Darmstadt, Germany to develop and commercialize arfolitixorin for use in oncology. Isofol Medical AB (publ) is traded on Nasdaq Stockholm.
This information was brought to you by Cision http://news.cision.com
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SOURCE Isofol Medical AB (publ) | https://www.mysuncoast.com/prnewswire/2022/09/07/isofol-reports-data-agent-study/ | 2022-09-07T11:53:44Z |
MUSCATINE, Iowa, May 17, 2022 /PRNewswire/ -- KENT Corporation is proud to announce it has been selected as a 2022 US Best Managed Company for the third consecutive year. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams.
The 2022 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people and fostering a dynamic, resilient culture, as well as strong financials. This year's designees continued to propel their businesses forward by prioritizing purpose, investing in their workforces, and demonstrating their commitment to diversity, equity and inclusion.
The award was first announced at the KENT internal 2022 Service Awards, at which 211 employees were honored for 5, 10, 15, up to 50-years for their contributions to the 95-year-old family business. KENT is the only Iowa-based company on the awardee list, and one of only a handful of recipients to be honored for the third consecutive year.
"This award is a testament to all of our employees," said Gage Kent, Chairman and CEO. "The efforts of our people to innovate through changing market conditions was recognized by the judges, as was our continued focus on our purpose to help a growing world do more through the innovative manufacturing of food, beverage and ingredients, agriculture and pet care products for the whole family."
Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. They join a global ecosystem of honorees from more than 40 countries recognized by the Best Managed Companies program.
About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.
About KENT Corporation
From Field to Family™ KENT is helping a growing world do more through the manufacture of food, beverage and ingredients, agriculture and pet care products. KENT is led by third-generation family member Gage A. Kent. The KENT family of companies serves customers around the world and employs 2,000 people.
Contact
Carol Reynolds
Corporate Spokesperson
KENT Corporation
Carol.Reynolds@kentww.com
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SOURCE KENT Corporation | https://www.kxii.com/prnewswire/2022/05/17/kent-corporation-recognized-three-time-us-best-managed-company/ | 2022-05-17T16:26:14Z |
SAN JOSE, Calif. (AP) — A federal judge in California ruled Tuesday that three golfers who joined Saudi-backed LIV Golf will not be able to compete in the PGA Tour’s postseason.
U.S. District Judge Beth Labson Freeman made her decision in San Jose after attorneys for the sides each spoke for about an hour. Freeman said she didn’t consider the golfers faced irreparable harm because of the big money they were guaranteed by joining LIV, a key issue in the case.
“There simply is no irreparable harm in this case,” PGA Tour attorney Elliot Peters said.
The three suspended golfers were seeking a temporary restraining order, which Freeman denied. Talor Gooch, Matt Jones and Hudson Swafford claimed they should be able to play where they want to, each saying in letters last month to the PGA Tour, “I am a free agent and independent contractor.” They are among 10 players who filed an antitrust lawsuit against the PGA Tour last week — including Phil Mickelson.
Robert Walters, an antitrust litigator representing the golfers, noted this would be their opportunity on a big playoff stage, “effectively the Super Bowl of golf” because of its “significant income opportunities.” Freeman responded that the LIV Tour earnings potential was also great and asked whether players might have been able to wait until the conclusion of the PGA Tour season to depart for the new tour.
Walters argued there were only 48 spots and they would have filled up according to LIV Golf CEO Greg Norman, to which Freeman said she agreed with that stance but that the golfers stood to gain far more financially joining LIV than the money they might have earned on the PGA Tour.
“This is an extraordinarily attractive financial opportunity but it’s much more than that,” Walters said, saying the harm done is that “players lose intangible benefits” such as qualifications for the major tournaments as well as other marquee invitationals.
“This is the holy grail because everybody wants to compete in and prevail in major championships, but it’s not just the majors,” Walters said. He noted that the PGA Tour inferred these golfers would put a “taint” or “stench” on the tour’s image by playing, perhaps even wearing LIV Tour gear in PGA Tour tournaments.
“We’re disappointed that Talor Gooch, Hudson Swafford and Matt Jones won’t be allowed to play golf. No one gains by banning golfers from playing,” LIV Golf said in a statement.
The first of three FedEx Cup playoff events begin Thursday. Two tournaments offer $15 million prize funds, and the player who wins the FedEx Cup at East Lake in Atlanta gets $18 million — thus the urgency for Freeman to rule. This case could go to trial next year, with the possibility of an injunction hearing in late September or early October, according to Peters.
Peters said lifting the suspensions of the golfers and allowing them to play would “change the status quo” for the PGA Tour and “give them a fabulous platform” to promote the LIV tour while competing in a PGA event.
“I think it’s a huge problem,” he said. “… The Commissioner needs the ability to protect the Tour. This is a very dire situation for the Tour.”
Gooch (No. 20), Jones (No. 65) and Swafford (No. 67) are among nine players who have joined LIV Golf and finished the regular season among the top 125 in the FedEx Cup standings. The other six who joined LIV Golf are not asking to play in the tour’s postseason.
PGA Tour Commissioner Jay Monahan issued a memo to members that included: “With today’s news, our players, fans and partners can now focus on what really matters over the next three weeks: the best players in the world competing in the FedEx Cup Playoffs, capping off an incredibly compelling season with the crowning of the FedEx Cup champion at the Tour Championship.”
___
AP Golf Writer Doug Ferguson contributed to this report.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/federal-judge-denies-liv-golfers-bid-for-pga-tour-postseason/ | 2022-08-10T18:08:08Z |
TROY, Mich., June 28, 2022 /PRNewswire/ -- E7 Solutions, an enterprise service management leader with a focus on digital transformation, announced it has become an official Atlassian Specialized Partner in Cloud. Having already achieved Atlassian's Platinum Solution Partner requirements, this specialization further demonstrates E7's deep knowledge, extensive experience, and ability to deliver impactful cloud related services all of which result in high customer satisfaction and meaningful outcomes. Ultimately, E7's mission is to enhance the velocity of information within client's organizations, so they can deliver their best and most meaningful work.
E7 Solutions has achieved the Atlassian Cloud Specialization since the program was launched on May 11, 2021.
"Atlassian would like to recognize E7 Solutions for their specialized solution practice, as they have proven success migrating operations and supporting enterprise- level use cases across the Atlassian Cloud Platform," said Ko Mistry, Atlassian's Head of Global Channel.
"The level of commitment in the Cloud Specialization Program recognizes these Atlassian Partners' effort and dedication to delivering consistent, high-quality services to optimize a customer's experience and success."
Cloud Specialized Partners have success migrating enterprise clients from server to the Atlassian Cloud. Specialized Partners deliver consistent, high-quality services to optimize customer satisfaction and outcomes. These partners earn Specialization by fulfilling rigorous requirements within particular Atlassian solution areas.
"We're excited to be part of the Atlassian Cloud Specialized Program. The team has done an outstanding job, and we're all very proud of this achievement," said Edmond Delude, E7 Solutions, CEO, Visionary, and Founder. "We really appreciate the opportunity to grow together with Atlassian and look forward to continued, mutual success."
E7 Solutions works with medium to enterprise organizations to create robust digital transformations as they relate to cloud migrations and modernized ITSM approaches. Their full service approach results in realizing revenue faster, maximizing the return on investment, and enabling continuous innovation and improvement.
Leveraging the Atlassian Cloud can increase revenue and profit while enabling an organization for growth. The journey to the cloud requires a guide. E7 brings a thorough, accurate, and reliable migration plan as well as the expertise and tools to get it done. Streamline your organization's transition from server or Data Center to Cloud with E7 Solutions today.
For three consecutive years, E7 Solutions has been recognized by Atlassian with these awards: 2020 Partner of the Year for Cloud Services, 2019 Partner of the Year: Cloud, and 2018: Rising Star.
Contact: Ashleigh Laabs
ashleigh.laabs@e7solutions.com
989-780-4090 cell/text
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SOURCE E7 Solutions | https://www.kxii.com/prnewswire/2022/06/28/e7-solutions-becomes-an-official-atlassian-specialized-partner-cloud/ | 2022-06-28T18:01:36Z |
LAS VEGAS, Sept. 8, 2022 /PRNewswire/ -- Realty ONE Group, a modern, purpose-driven lifestyle brand and ONE of the fastest growing franchisors today, has sold the franchise rights to a new owner in the South American country of Bolivia as the dynamic COOLTURE-driven organization continues its expansion around the world.
Paul Viscarra and Fernando Barba, childhood friends who have been business partners for most of their lives, are the new owners who will bring the unique benefits of the brand, business coaching and Realty ONE Group's recession-proof business model to this thriving country.
"Paul and Fernando are successful businessmen - and devoted family men - who are exactly what we look for in strategic partners for our global expansion," said Kuba Jewgieniew, CEO and Founder of Realty ONE Group. "They believe in all that we created and know there's nothing like the Realty ONE Group brand in Bolivia."
"We strongly believe that not only will our lives change but we'll change the lives of Bolivian real estate professionals and the citizens that we serve," said new Co-Owner Paul Viscarra.
"Our ONE Purpose will be to impact so many with our combined business and real estate experience and bring Realty ONE Group's COOLTURE and commitment to community service to our country," said Co-Owner Fernando Barba.
This year, Realty ONE Group was ranked a Top 100 Recession-Proof franchise by Franchise Business Review and the company claimed the No.1 spot for real estate franchisors on Entrepreneur's highly competitive 2022 Franchise 500(R) List.
Realty ONE Group now has more than 18,000 real estate professionals in more than 400 offices in 49 states, Washington D.C., Puerto Rico and now the countries of Canada, Costa Rica, Ecuador, Italy, Portugal, Singapore and Spain.
Learn more at www.OwnAOne.com.
About Realty ONE Group
Founded in 2005, Realty ONE Group is an industry disruptor, radically changing the face of real estate franchising with its unique business model, fun coolture, technology infrastructure and superior support for its real estate professionals. The company has rapidly evolved to include more than 18,000 real estate professionals in over 400+ offices across 49 U.S. states, Washington D.C., Puerto Rico, Bolivia, Canada, Costa Rica, Ecuador, Italy, Portugal, Spain and Singapore. Realty ONE Group ranks in the top one percent in the nation by REAL Trends and has been recognized by Entrepreneur Magazine as the number ONE real estate brand. Realty ONE Group is surging ahead, opening doors, not only for its clients but for real estate professionals and franchise owners. To learn more, visit www.RealtyONEGroup.com.
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SOURCE Realty ONE Group | https://www.kxii.com/prnewswire/2022/09/08/realty-one-group-open-bolivia/ | 2022-09-08T19:51:41Z |
Murray Co. escapee captured in Sulphur
SULPHUR, Okla. (KXII) - The man who escaped custody as he was being booked into the Murray County Jail early Thursday morning has been captured.
Sulphur Police said Ryan Christopher Dill, 35, was able to break away while handcuffed as he was being booked into the Murray County Jail for aggravated assault around 2 a.m. Thursday.
Dill had been arrested by Chickasaw Nation Lighthorse Police for allegedly assaulting someone.
While he was inside the sheriff’s office waiting to be booked into jail around 2 a.m., he was able to leave through an unsecured door when no one was looking.
Dill has two previous assault convictions, and Sulphur Police said Dill uses knives, calling him a “slasher” or “stabber.”
They also said Dill recently told his mother he will not go back to prison.
Details on his apprehension are not yet known, other than he was taken into custody at W. 12th St. and Muskogee in Sulphur.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/05/20/murray-co-escapee-captured-sulphur/ | 2022-05-20T20:52:25Z |
MILANO — A 17-year-old was seriously wounded in a shooting at a prom after-party early Sunday morning, the Milam County sheriff said.
The incident occurred at about 1:50 a.m. Sunday in the 8000 block of U.S. Highway 79 in Milano, Sheriff Mike Clore said in a news release.
“The residents of the property where the shooting occurred, were throwing an after-party for the Milano prom,” Clore said of the party not affiliated with Milano ISD. “At some point a firearm was displayed by an as-yet, unidentified male, who then fired the weapon, striking a 17-year-old male.”
The suspect then fled the party in an unknown vehicle.
The male shooting victim was flown to a local hospital and is in serious condition, Clore said.
“Investigators interviewed several people at the party, processed the scene, and are following up on leads,” he said. “There are no further safety concerns subsequent to this incident.”
Anyone with information can contact the Milam County Sheriff’s Office at 254-697-7033. | https://www.tdtnews.com/news/central_texas_news/article_9d5182d4-d488-11ec-891b-5f00c339ce28.html | 2022-05-15T23:09:01Z |
BERWYN, Pa., July 20, 2022 /PRNewswire/ -- Triumph Group (TRIUMPH) [NYSE:TGI] and NAVSUP have entered into a five-year maintenance, repair and overhaul agreement extension for the C and D variants of the F/A-18 Hornet Airframe Mounted Accessory Drive gearboxes (AMAD). Designed and manufactured by TRIUMPH Geared Solutions, this advanced and supportable AMAD extends time on wing. The work will be performed at TRIUMPH's gearbox center of excellence in Park City, Utah.
"TRIUMPH is a premier designer, manufacturer and maintenance provider of complex, high-performance gearboxes, including AMAD's for the US Military. We are a long-standing supplier to the U.S. Navy, and we look forward to supporting them well into the future," said Pete Gibson, President of TRIUMPH Geared Solutions.
TRIUMPH Geared Solutions, the largest independent aerospace gear and gear box provider, supplies complex geared solutions including design, development, manufacture and support of complete transmission and gearbox assemblies as well as complex gears and housing.
TRIUMPH, headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems and components. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.
More information about TRIUMPH can be found on the company's website at www.triumphgroup.com.
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SOURCE Triumph Group | https://www.wibw.com/prnewswire/2022/07/20/triumph-awarded-fa-18-gearbox-mro-agreement-united-states-navy/ | 2022-07-20T07:54:46Z |
New Service Releases Cyber Energy into Managed Extended Detection and Response Market
PHOENIX, June 28, 2022 /PRNewswire/ -- Avertium, a cyber fusion company, today announced the launch of Fusion MXDR, the company's threat-informed, managed extended detection and response (MXDR) service. Unlike traditional managed detection and response (MDR), Fusion MXDR also includes exposure management, NIST CSF framework, and other professional services as part of a cyber maturity program.
Avertium's new service fuses threat intelligence, attack surface monitoring, and vulnerability management with endpoint protection, security orchestration, and incident response automation into a single MDR service.
"We are tearing down the wall between professional and managed services, but more importantly, we are fusing threat-informed services with security operations to create a more effective response," said Jeff Schmidt, CEO at Avertium. "Customers are demanding a MXDR approach that incorporates third party risk and compliance assessments as part of a cyber maturity program. The result is a MXDR response that is greater than the sum of its parts."
Schmidt explains Fusion MXDR can support XDR platforms such as LogRhythm, SentinelOne, and Microsoft Defender and Microsoft Sentinel.
According to Schmidt, at the center of Avertium's new service is the company's Fusion Engine, an open architecture platform that combines security information and event management (SIEM) and endpoint protection and response (EDR) technologies with the company's own advanced intelligence orchestration. Fusion Engine contains threat progression methodology based on a mathematical framework known as Set Theory.
"Fusion MXDR uses the insights from vulnerability management, endpoint protection, and attach surface monitoring to improve the other response elements of the service," said Schmidt. "The result is an MXDR service with connected capabilities that not only inform one another but also measurably improve an organization's cyber maturity over time in a programmatic way."
More information can be found at https://www.avertium.com/fusion-mxdr.
Avertium is the security partner that companies turn to for end-to-end cybersecurity solutions that attack the chaos of the cybersecurity landscape with context. By fusing together human expertise and a business-first mindset with the right combination of technology and threat intelligence, Avertium delivers a more comprehensive, more programmatic approach to cybersecurity - one that drives action on the ground and influence in the boardroom. That's why over 1,200 mid-market and enterprise-level organizations across 15 industries turn to Avertium when they want to be more efficient, more effective, and more resilient when waging today's cyber war. Show no weakness.®-
Tommy Smith
865.567.6211
Tommy.smith@avertium.com
www.avertium.com
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SOURCE Avertium | https://www.mysuncoast.com/prnewswire/2022/06/28/avertium-announces-fusion-mxdr/ | 2022-06-28T16:35:26Z |
Menu-priced pizzas ordered online are half off this week
ANN ARBOR, Mich., June 6, 2022 /PRNewswire/ -- Domino's Pizza, Inc., (NYSE: DPZ) the largest pizza company in the world, knows that pizza lovers always want the best deal, and starting today, they can take advantage of one so special, it hasn't been offered in more than two years! Hungry pizza fans can take advantage of 50% off menu-priced Domino's pizza when they order online between June 6-12.
"With wallets being squeezed and summer gatherings starting up, we thought this was a good time to bring back this tremendous deal," said Joe Jordan, Domino's president —U.S. and global services. "There's no better way to celebrate summer than by enjoying a delicious pizza by the pool or at a picnic. With half off pizza, everyone can celebrate with a food they love at a great price."
Domino's 50% off deal is available on menu-priced pizzas ordered through the following online ordering channels:
- Domino's website (dominos.com)
- Domino's ordering apps for iPad®, iPhone®, Android™ and Kindle Fire®
- Domino's AnyWare ordering including through Google Home, Alexa, Slack and Facebook Messenger
The 50% off pizza deal is a great time to try some of Domino's great specialty pizzas, such as the ExtravaganZZa, MeatZZa or the Honolulu Hawaiian. Customers can order any size pizza or any of the crust varieties available at Domino's, including pan, Brooklyn, gluten-free or crispy thin crust.
About Domino's Pizza®
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout pizza. It ranks among the world's top public restaurant brands with a global enterprise of more than 19,000 stores in over 90 markets. Domino's had global retail sales of nearly $17.8 billion in 2021, with over $8.6 billion in the U.S. and over $9.1 billion internationally. In the first quarter of 2022, Domino's had global retail sales of over $4.0 billion, with over $1.9 billion in the U.S. and nearly $2.1 billion internationally. Its system is comprised of independent franchise owners who accounted for 98% of Domino's stores as of the end of the first quarter in 2022. Emphasis on technology innovation helped Domino's achieve more than half of all global retail sales in 2021 from digital channels. In the U.S., Domino's generated more than 75% of U.S. retail sales in 2021 via digital channels and has developed several innovative ordering platforms, including those for Google Home, Facebook Messenger, Apple Watch, Amazon Echo, Twitter and more. In 2019, Domino's announced a partnership with Nuro to further its exploration and testing of autonomous pizza delivery. In mid-2020, Domino's launched a new way to order contactless carryout nationwide – via Domino's Carside Delivery®, which customers can choose when placing a prepaid online order.
Order – dominos.com
Company Info – biz.dominos.com
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SOURCE Domino's Pizza | https://www.mysuncoast.com/prnewswire/2022/06/06/dominos-50-off-pizza-deal-is-back/ | 2022-06-06T12:42:24Z |
DALLAS (KDAF) — Southwest Airlines is celebrating a huge milestone on June 18 with Wanna Get Away Day in order to honor the 50th anniversary of its first flight. Along with this new holiday, it’s engaging with its customers with a sweepstakes.
Here’s what you need to know:
“In celebration of Southwest’s 50th Anniversary, the carrier is giving Customers the chance to win a total of 50 million Rapid Rewards® bonus points from June 1, 2021, through June 18, 2021.* Customers will have daily opportunities to win Rapid Rewards bonus points, with Southwest gift cards, and Companion Passes also up for grabs on June 18. Visit Southwest50.com/WannaGetAway to view full terms and conditions and to enter for a chance to win.”
Southwest’s Vice President of Marketing says, “In true Southwest Spirit, we are turning our 50th Anniversary into Wanna Get Away Day, allowing Customers the opportunity to celebrate our 50-year history of Heart, low-fares, legendary Hospitality, and flexible policies by giving them opportunities to turn ‘Wanna get away’ into ‘Gonna’ get away.”
To learn more about Southwest’s 50th birthday celebration and more about the sweepstakes and how to truly enjoy Wanna Get Away Day, click here. | https://cw33.com/news/southwest-airlines-celebrating-50th-anniversary-with-sweepstakes-wanna-get-away-day/ | 2022-06-13T20:43:10Z |
Amber Alert issued for missing Georgia 1-year-old
Published: Apr. 16, 2022 at 11:18 PM CDT|Updated: 1 hours ago
MONROE, Ga. (Gray News) - Police in Monroe, Georgia, have issued a Levi’s Call (Georgia’s Amber Alert) for a missing 1-year-old girl.
The Monroe Police Department is searching for Nala Norwood, 1. She has black curly hair and weighs about 20 pounds.
Police say she was abducted by Gregory Deonte Norwood, 31. He is 6 feet tall, has brown eyes and black hair, and weighs about 185 pounds.
They are believed to be in a blue Chevy Malibu with Georgia license CRU7471.
Anyone who has information about their whereabouts is asked to call the Monroe Police Department at 770-267-1111.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/17/amber-alert-issued-missing-ga-1-year-old/ | 2022-04-17T05:55:04Z |
Which gas range is best?
Gas ranges are a favorite of chefs the world over for their ability to finely tune how much heat is being applied to your cookware and food. They are more than just a stovetop, however, as they also include a standard oven. In terms of safety, gas ranges require ventilation. Without ventilation, you’ll need to make do with an electric range.
The best gas range is the Samsung 30-Inch 6-Cubic-Foot Slide-In Gas Range. It has five burners and is smart-home integrated.
What to know before you buy a gas range
Freestanding vs. slide-in ranges
Gas range installation is either freestanding or slide-in.
- Freestanding models are installed separately from cabinetry and counters. They are designed so that all four sides of the oven can be seen. The only limit on their placement is whether your prospective location has a gas line and electrical hookup.
- Slide-in models are installed between cabinetry and counters. They are designed knowing that only the front, or occasionally front and one side, can be seen.
Ventilation options
Ventilation for the fumes of burning gas is handled with overhead, downdraft or microwave systems.
- Overhead ventilation is accomplished with a large, open duct situated above the range that draws fumes up and out of your home. It’s costly, but it’s the best option.
- Downdraft ventilation draws the fumes down into a filtration system using fans. It’s best for smaller homes but still pricey.
- Microwave ventilation is the most affordable option and the best for cramped kitchens. The microwave serves as an overhead vent.
Fuel source
Most gas ranges draw their fuel from your home’s natural gas line. If you don’t have a gas line and live in an area where one can’t be installed, it’s possible to find gas ranges that run on propane instead. However, it’s more likely you’ll need to buy an adapter kit to allow a natural gas range to use propane instead.
What to look for in a quality gas range
British thermal units
A gas range’s heat levels are typically given in BTUs. The higher its BTU, the hotter it gets. Burners can range from 5,000-22,000 BTU while ovens typically range from 9,000-15,000 BTU.
Burners
Gas ranges typically have two to six burners. Budget ranges with two burners are rarely good for more than single-person households, so aim for at least four if this isn’t the case. Some ranges with five burners use one burner for a specialty area on the range, such as a griddle, so you’ll still only have four standard burners.
How much you can expect to spend on a gas range
Gas ranges cost $200-$2,000 with costs reflecting the size and power of the range. Budget modes typically cost $800 or less while top-of-the-line models usually start at $1,200.
Gas range FAQ
Is gas better than electric?
A. Generally speaking, yes. Gas burners are much easier to finely control and you can eye the flame and easily gauge how much heat is being added or subtracted. You can also immediately reach full strength or shut it down instantly. Electric burners need to build their energy up and have to let their heated elements slowly lose power. You can never be sure how much heat is being generated.
Are gas ranges safe?
A. There’s no such thing as a perfectly safe range. High levels of heat are inherently dangerous and both electrical and gas energy sources have their share of risks. That said, so long as your gas range is installed by a professional, has its gas connection checked regularly and you have the proper ventilation, you will be safe.
Can gas range flames damage my cookware?
A. It’s possible, though unlikely. Most cookware is designed to withstand incredible temperatures, but thinner and cheaper cookware may take some damage when used on the most powerful burners for long enough.
What’s the best gas range to buy?
Top gas range
Samsung 30-inch 6-Cubic-Foot Slide-In Gas Range
What you need to know: Among the most advanced gas ranges, it can connect over Wi-Fi to have its stovetop and oven temperatures monitored, plus it can be controlled through voice.
What you’ll love: It has one power burner that can reach 17,000 BTUs. It has a storage drawer on the bottom and the oven has a wide view window.
What you should consider: All smart-home functionality must be routed through Samsung’s SmartThings app. Some consumers had issues with broken knobs. Others had issues with heat damage to the finish over time.
Where to buy: Sold by Home Depot
Top gas range for the money
What you need to know: This freestanding range is perfect for households on a budget.
What you’ll love: It has four sealed burners placed under heavy-duty grates with a fifth oval burner underneath a center griddle large enough to cook eight grilled cheese sandwiches at once. The oven has six rack levels and a self-cleaning feature. It’s offered in four finishes.
What you should consider: The oven controls are on the back panel, so using it and the stovetop simultaneously can be uncomfortable. Some customers received rusted oven racks.
Where to buy: Sold by Home Depot
Worth checking out
Zline 36-inch 4.6-Cubic-Foot Dual Fuel Range With Gas Stove And Electric Oven
What you need to know: This range is for professional-level cooking. It’s freestanding and has six evenly heated burners and a 4.6-cubic-capacity oven.
What you’ll love: The cooktop is made of heavy-duty Italian porcelain with no crevices for easy cleaning. Its height can be adjusted between 36-38.5 inches. It comes in nine finishes, including red, blue and white.
What you should consider: It’s extremely expensive. The oven is large enough to cause long preheating times. There’s no bottom drawer for extra storage.
Where to buy: Sold by Amazon and Home Depot
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Jordan C. Woika writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-gas-range/ | 2022-04-19T16:21:40Z |
AN 18-PIECE JAZZ BIG BAND ENSEMBLE WILL ACCOMPANY THE SCREENING OF THE OSCAR®-WINNING FILM
TICKETS GO ON SALE ON FRIDAY, JULY 22
LOS ANGELES, July 21, 2022 /PRNewswire/ -- The world premiere of WHIPLASH IN CONCERT will debut at the Orpheum Theatre in Boston on Saturday, October 28th. Oscar®-winning composer Justin Hurwitz will conduct his score performed by an 18-piece jazz big band ensemble, accompanying the screening of the original film. Whiplash is written and directed by Damien Chazelle, who won the Oscar® for Best Director for La La Land, his second collaboration with Hurwitz.
Whiplash tells the story of a promising young drummer (Miles Teller) who enrolls at a music conservatory, only to fall under the wing of a cut-throat instructor (JK Simmons) who will stop at nothing to awaken his student's true potential. The intense relationship between mentor and protégé is punctuated with a rich and diverse score and soundtrack that highlights the challenges of performing music at a world-class level. Whiplash won three Academy Awards® including Best Sound Mixing, Best Film Editing and Best Supporting Actor for Simmons.
"It's going to be a thrill and a high-wire act to perform all of the jazz big band and incredible drum solos in sync with the movie," said Hurwitz. "Also, I just love this movie, have been very affected by the movie, and am excited for people to revisit Damien's brilliant writing and directing on a big screen."
WHIPLASH IN CONCERT is a co-production between Cutting Edge Group and Hurwitz Concerts in association with Bold Films. Following the world premiere in Boston, WHIPLASH IN CONCERT will debut in select locations across the globe including Toronto on October 30th followed by a festival premiere in Seoul in November.
"Cutting Edge was honored to be a small part of the original film production of Whiplash during which we got to experience firsthand the power and genius of the film's soundtrack," said Tara Finegan, COO of Cutting Edge Media Music. "I am delighted that we can now bring the film and its music to fans around the world in a live concert event that gives audiences a front row seat to these awe-inspiring musical moments."
"Watching Whiplash In Concert with Justin Hurwitz leading a live orchestra is a unique and memorable way to experience this iconic film," according to the film's producer, Bold Films.
Tickets go on sale on Friday, July 22 at 7am PT/10 am ET and may be purchased at the following links:
Boston, MA - Orpheum Theatre – October 28,2022:
Purchase Tickets Here
Toronto, ON, CA - Danforth Music Hall – October 30, 2022:
Purchase Tickets Here
Kitchener, ON, CA - Centre in the Square – November 1, 2022
Purchase Tickets Here
Hurwitz Concerts is a company started in 2022 to produce live concerts of Justin Hurwitz's scores.
Cutting Edge Media Music are the experts in music for media - film, televisions, games, advertising, Broadway - across its publishing, label, services, and marketing verticals and owns and controls the music IP in some of most popular media properties and franchises in the world.
Cutting Edge operates as a financier, publisher, record label and has provided a range of music services to over 1000 feature films, tv shows, musical theatre productions and games, including such films and television shows as: Stranger Things, Bridgerton, The King's Speech, Moonlight, Drive, Star Trek: Discovery, Fury, John Wick, Sicario, Whiplash, Hacksaw Ridge, and The Walking Dead; such Broadway shows as Matilda, The Color Purple, Anastasia, and My Fair Lady; and such triple AAA games as: Sunset Overdrive, Assassins Creed Valhalla, Red Dead Redemption and Cyberpunk 2077.
Cutting Edge's divisions include Lakeshore Records (Soundtrack Label), Music.Film (Film & TV Music Licensing Platform), Broadway Records (Musical Theater Label), Cutting Edge Music Publishing (Music Publisher), 12on12 (Specialty Vinyl), White Stork (Custom Music House) and CEG Analytics (Royalty Tracking & Analysis).
Bold Films, founded in 2004, is an independent entertainment production and finance company dedicated to providing an artistic haven for creative talent. Bold Films' mission is to produce original, studio-quality film and television projects, which have worldwide commercial appeal. Bold Films financed and produced Academy Award®-nominated films such as Dan Gilroy's "Nightcrawler," starring Jake Gyllenhaal and Rene Russo; Damien Chazelle's "Whiplash," starring Miles Teller and J.K. Simmons; and Nicholas Winding Refn's "Drive," starring Ryan Gosling, Carey Mulligan and Oscar Isaac. Most recently, Bold Films produced Antoine Fuqua's "The Guilty" starring Jake Gyllenhaal released by Netflix, as well as Emmy-nominated "Oslo" based on the Tony Award-winning drama, released by HBO.
For booking inquiries, please contact:
Scott Morris
CAA
(212) 277-9000
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SOURCE Hurwitz Concerts | https://www.mysuncoast.com/prnewswire/2022/07/22/whiplash-concert-debuts-with-world-premiere-boston/ | 2022-07-22T02:17:24Z |
JACKSON, Miss., Aug. 11, 2022 /PRNewswire/ -- Magnolia Health Plan (Magnolia) announced today it has been selected by the Mississippi Division of Medicaid (DOM) to continue serving the state's Coordinated Care Organization Program, which will consist of the Mississippi Coordinated Access Network (MSCAN) and the Mississippi Children's Health Insurance Program (CHIP). The new contract term is four years and includes the option for two, one-year renewals.
"The Mississippi Division of Medicaid has established a clear path for the health of our state, centered on a vision for health equity and a value-based healthcare system for Mississippi," said Aaron Sisk, Plan President and CEO for Magnolia. "We look forward to the next chapter in our partnership with the state, healthcare providers, and community organizations during this pivotal moment in healthcare transformation."
Nearly 1 in 4 Mississippians' healthcare is covered through the state's Medicaid managed care program, which provides access to physical health, behavioral health, pharmacy, hospital, and other services.
With this renewed contract, Magnolia will offer several new benefits and services for its enrollees. These include community-based services for maternity care, respite and housing assistance for members experiencing homelessness, and expanded resources to address social determinants of health. Additionally, Magnolia will expand its quality-based advanced payment models and support for healthcare providers. These programs will take effect as of the new contract period, expected to begin in July 2023.
Since first serving members in 2011, Magnolia has grown to serve more than 150,000 Medicaid enrollees and 30,850 healthcare providers statewide. As the health plan moves forward in the new contract period, its focus will remain the same: partnering with healthcare professionals and community organizations to ensure that members receive the highest quality of coordinated, integrated and whole-person care.
"Our provider and community partners play a valuable role in our mission to transform health in our state, one person at a time. We appreciate their continued support and are excited about the opportunity to continue to work together to build a healthier Mississippi," said Sisk.
About Magnolia Health
Magnolia Health is a long-term solution to help the state of Mississippi enhance care for Medicaid recipients, while most effectively managing taxpayer dollars. A physician-driven, Mississippi-based Coordinated Care Organization (CCO), Magnolia is backed by its parent company, Centene Corporation (Centene). Centene has more than 30 years of experience in Medicaid and other government-funded programs such as Supplemental Security Income (SSI) and long-term care. For more information about Magnolia, visit www.magnoliahealthplan.com.
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SOURCE Magnolia Health | https://www.wibw.com/prnewswire/2022/08/11/magnolia-health-plan-selected-continue-statewide-medicaid-services/ | 2022-08-11T12:21:24Z |
Purposeful — not more — investments enable greater strategic innovation outcomes
NEW YORK, June 22, 2022 /PRNewswire/ -- Today, Deloitte released the findings of its "US Future of Cloud Survey Report: Closing the Cloud Strategy, Technology and Innovation Gap," which reflects the sentiments of 500 U.S.-based senior cloud decision makers regarding the impact of cloud maturity on business priorities and innovation. On average, there is a 14.5 percentage point innovation gap between information technology's established strategic priories for cloud and where and how much organizations actually are succeeding in innovating with these new technologies.
The survey classified participants into four organizational profiles (Leaders, Drivers, Moderates and Hopefuls) depending on how they ranked their strategic priorities and the extent to which they reported a high level of success at driving innovation across those priorities.
The reported value of the cloud widely varies across different cloud services. For example, Leaders gain more value than Hopefuls from the following cloud services:
- 10 times more value from blockchain
- 5 times more value from AR and VR
- 3.5 times more value from containers
- 2.9 times more value from cloud native
- 2.3 times more value from cyber security
- 1.7 times more value from AI and ML
"Purposeful investments in cloud yield impactful results. These include the acceleration of the product development lifecycle, improved margins and greater efficiency," said Chris Thomas, principal, Deloitte Consulting LLP. "Interestingly, Leaders have invested purposefully — but not necessarily more — than Drivers, Moderates and Hopefuls. In today's market, purposeful investment includes acquisition and retention of software engineering talent to maximize the flexibility and upside of cloud strategies. This is relevant in the current market where efficient capital deployment with near-term return on investment is a priority."
Overall, 88% of the decision makers surveyed believe that the cloud is the "cornerstone of [their] digital strategy," and organizations that use cloud as a "force multiplier" are noticing significant value from their cloud investments. Cloud is also credited as a key factor in driving revenue and solidifying a strong marketplace position.
Similarly, most (89%) consider "increasing efficiency and agility" to be the top strategic priority for their organizations when using cloud, and survey respondents overwhelmingly agree cloud is adding value in this area, as well as many others. While Leaders (95%) are successfully innovating in this area, Hopefuls (80%) are softer in terms of innovation outcomes achieved. The same disconnect applies to building net new products or service revenue, with nearly all Leaders (97%) achieving innovation outcomes and Hopefuls trailing behind (61%) them.
Overall, cloud investments are set to increase by 6 to 19%, according to more than half of the cloud decision makers surveyed — and over a third of respondents plan to increase their spend by 20% or more.
"As we move beyond cloud migration, into the next phase of cloud innovation, our newly-identified innovation gap will be a key marker for IT decision makers as they determine where to invest their future cloud spend," said Cathleen Domes, managing director, Deloitte Consulting LLP. "Decision makers should remain focused on efficiency and agility, as well as on optimizing costs, but should also prioritize developing new ideas, approaches and methodologies to advance their overall innovation strategies."
Additional key findings from this report include:
- Leaders say cloud investments are driving positive outcomes across strategic measures and at rates far higher than Hopefuls, including:
- Multi-cloud adoption is now an essential strategy for anyone investing in cloud, with most (79%) respondents using two or more cloud providers.
- Industry clouds are poised to transform the cloud market with unique, customized solutions.
- Cyber security remains a top priority for all business leaders when developing cloud strategies.
"Cloud-based platforms and adoptions are foundational to digital transformation — allowing organizations to focus on outcome-based opportunities, including improved decision making, empowered workforce, enhanced innovation and accelerated business initiatives," said Vikram Kunchala, Deloitte Risk & Financial Advisory cyber cloud leader and principal, Deloitte & Touche LLP. "It's imperative for organizations to prioritize cloud security risk management in order to confidently execute their cloud strategies and navigate a constantly evolving threat landscape."
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's more than 345,000 people worldwide connect for impact at www.deloitte.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
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SOURCE Deloitte | https://www.wibw.com/prnewswire/2022/06/22/category-leaders-use-cloud-force-multiplier-maximize-value-cloud-investments-deloitte-survey-says/ | 2022-06-22T14:16:34Z |
SHENZHEN, China, July 11, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, today announced the initiation of TME Producers Alliance, the first producer alliance in China's music industry to support full-circle high-quality music production, empowering talented producers to realize both artistic and commercial value.
The TME Producers Alliance has adopted a partnership structure to integrate resources at every stage, from music production, to promotion and distribution. Based on a professional content creation system and a healthy commercialization system, the TME Producers Alliance provides more opportunities for music producers and supports their career advancement and professional growth. It also connects producers with industry partners to create high-quality popular singles and maximize music exposure among music lovers.
In order to help producers with common challenges, such as a lack of resources or weak commercial distribution, the TME Producers Alliance has implemented financial incentives to support the career development of different types of producers.
As of the release time, around 90 talented producers from China, Malaysia, Singapore and other countries and regions have joined the TME Producers Alliance, including recent award winners of The 33rd Golden Melody Awards, such as Chris Hou, Huang Shao Yong, and Howe Chen. The alliance is now planning several initiatives, targeting to bring more superior music works from producers of different generations to all music lovers.
Going forward, TME will continue its efforts to provide platform resources to support the growth of producers and high-quality music creation, bringing music professionals a better stage and promoting the development of the original Chinese music market.
About Tencent Music Entertainment
Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to use technology to elevate the role of music in people's lives by enabling them to create, enjoy, share and interact with music. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.
Media Contact
TME.PR@icrinc.com
+1 (646) 992-2986
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SOURCE Tencent Music Entertainment Group | https://www.wibw.com/prnewswire/2022/07/12/tencent-music-entertainment-group-introduces-first-producers-alliance-chinas-music-industry-promote-music-production-quality/ | 2022-07-12T04:21:17Z |
Evan Lang joins as portfolio manager and senior analyst
CHICAGO, Aug. 22, 2022 /PRNewswire/ -- Duff & Phelps Investment Management Co., an affiliated manager of Virtus Investment Partners, Inc., today announced that Evan Lang, CFA has joined Duff & Phelps as a Portfolio Manager on their Water strategy.
Lang will serve as a managing director, portfolio manager, and senior research analyst for the Duff & Phelps Water Strategy. Lang reports to David Grumhaus, president and chief investment officer, and the two will share co-portfolio management duties of the Virtus Duff & Phelps Water Fund (Institutional Shares: AWTAX).
Lang has been actively following the water sector throughout his investment industry career. His research focuses on supply, quality, and efficiency within the water sector, and he has extensive knowledge of the companies comprising the water universe, industry trends, and best practices in sustainability. Prior to joining Duff & Phelps, he was a portfolio manager at TortoiseEcofin, where he co-managed a sustainable global water strategy. He also built a water universe that evolved into an index that launched a global water ESG ETF.
Lang holds a B.B.A. in finance and entrepreneurial management from Texas Christian University's Neeley School of Business and John V. Roach Honors College. He has also earned the Chartered Financial Analyst (CFA®) designation.
"This is an exciting time at Duff & Phelps as we continue to build out our investment strategies with industry veterans," said Grumhaus. "Evan's background and expertise will be invaluable as we further resource our water team."
Lang said, "What attracted me to Duff & Phelps was their deep history in real assets, their commitment to ESG, and the strength of the analyst team that will support the water strategy." He added, "We share a similar approach and process, and I am excited to hit the ground running."
Duff & Phelps managed $13.2 billion of assets, including $800 million in water assets, as of July 31, 2022, and offers a variety of specialized investment strategies with exceptional depth of resources and expertise to institutional and individual investors.
About Duff & Phelps Investment Management
Duff & Phelps Investment Management Co., an affiliated manager of Virtus Investment Partners, Inc., began in 1932 as a fundamental research firm and has been managing assets since 1979. The firm seeks to provide specialty investment strategies that enhance client outcomes through active portfolio management and customized solutions, utilizing a process with values that include quality, reliability, and specialization. Investment strategies include U.S. and global real estate securities, global listed infrastructure, energy infrastructure, water and clean energy.
About Virtus Investment Partners, Inc.
Virtus Investment Partners is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs.
Important Risk Considerations
Issuer Risk: The portfolio will be affected by factors specific to the issuers of securities and other instruments in which the portfolio invests, including actual or perceived changes in the financial condition or business prospects of such issuers. Market Volatility: Local, regional, or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, or other events could have a significant impact on the portfolio and its investments, including hampering the ability of the portfolio manager(s) to invest the portfolio's assets as intended. Sustainable Investing: Because the portfolio focuses on investments in companies that the Manager believes exhibit strong environmental, social, and corporate governance records, the portfolio's universe of investments may be smaller than that of other portfolios and broad equity benchmark indices. Equity Securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk. Water-Related Risk: Because the portfolio focuses its investments in water-related companies, it is particularly affected by events or factors relating to this sector, which may increase risk and volatility. Focused Investments: To the extent the portfolio focuses its investments on a limited number of issuers, sectors, industries or geographic regions, it may be subject to increased risk and volatility. Foreign Investing: Investing in foreign securities subjects the portfolio to additional risks such as increased volatility; currency fluctuations; less liquidity; less publicly available information about the foreign investment; and political, regulatory, economic, and market risk.
Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate so your shares, when redeemed may be worth more or less than their original cost.
Please consider a fund's investment objectives, risks, charges, and expenses carefully before investing. For this and other information about any Virtus Fund, contact your financial representative, call 800-243-4361, or visit virtus.com for a prospectus or summary prospectus. Read it carefully before investing.
Virtus Mutual Funds are distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc.
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SOURCE Duff & Phelps Investment Management Co. | https://www.mysuncoast.com/prnewswire/2022/08/22/duff-amp-phelps-bolsters-water-strategy-with-new-hire/ | 2022-08-22T21:51:11Z |
HUALIEN, Taiwan (AP) — Taiwan is staging military exercises to show its ability to resist Chinese pressure to accept Beijing’s political control over the self-governing island, following new rounds of threatening drills from China.
The exercises Wednesday off the southeastern county of Hualien follow days of Chinese missile firings and incursions into Taiwan’s sea and airspace by ships and planes from the People’s Liberation Army, the military wing of China’s ruling Communist Party.
“We strongly condemn Communist China’s continuous military provocations around Taiwan’s sea and air that undermine regional peace,” Taiwan Defense Ministry spokesperson Sun Li-fang told reporters at Hualien Air Force Base.
“Communist China’s military operations just provide us with the opportunity for combat-readiness training,” Sun said.
Taiwan’s Foreign Ministry spokesperson Joanne Ou said China was using recent visits by U.S. Congress members including House Speaker Nancy Pelosi as a pretext for escalating its attempts to intimidate Taiwan into accepting what it calls its terms for “peaceful reunification.”
“China launched military provocations on these grounds. This is absurd and a barbaric act, which also undermines regional stability and interferes with shipping and commercial activities in the Indo-Pacific region,” Ou said.
China sees the island as a breakaway province to be annexed by force if necessary, and considers visits to Taiwan by foreign officials as recognizing its sovereignty.
Alongside its military threats, China imposed visa bans and other sanctions Tuesday on Taiwanese political figures. China exercises no effective legal authority over Taiwan and it’s unclear what effect the sanctions would have.
China has refused all contact with Taiwan’s government since shortly after the 2016 election of President Tsai Ing-wen of the pro-independence Democratic Progressive Party. Tsai was overwhelmingly reelected in 2020.
The DPP also controls the legislature, while the vast majority of Taiwanese favor maintaining the status quo of de facto independence along with strong economic and social connections between the sides.
China accuses Washington of encouraging the island’s independence through the sale of weapons and engagement between U.S. politicians and the island’s government. The U.S. says it does not support independence and has no formal diplomatic ties with the island, but it is legally bound to ensure Taiwan can defend itself against threats from China, including a blockade.
Aside from putting its military on alert, Taiwan has largely played down the threat from the Chinese exercises and life has continued as normal among a population of 23 million that has lived under the shadow of bellicose rhetoric and saber rattling from China for more than seven decades. | https://cw33.com/news/international/ap-international/taiwan-china-hold-opposing-military-drills-amid-tensions/ | 2022-08-17T23:40:21Z |
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