text stringlengths 102 99.6k | url stringlengths 31 426 | crawl_date timestamp[us, tz=UTC]date 2022-04-01 00:29:49 2022-09-19 04:34:15 |
|---|---|---|
Supreme Court reinstates Trump-era water rule for now
WASHINGTON (AP) — The Supreme Court on Wednesday reinstated for now a Trump-era rule that curtails the power of states and Native American tribes to block pipelines and other energy projects that can pollute rivers, streams and other waterways.
In a decision that split the court 5-4, the justices agreed to halt a lower court judge’s order throwing out the rule. The high court’s action does not interfere with the Biden administration’s plan to rewrite the rule. Work on a revision has begun, but the administration has said a final rule is not expected until the spring of 2023. The Trump-era rule will remain in effect in the meantime.
The court’s three liberal justices and Chief Justice John Roberts dissented. The court’s other conservative justices, including three nominated by President Donald Trump, voted to reinstate the rule.
Writing for the dissenters, Justice Elena Kagan said the group of states and industry associations that had asked for the lower court’s ruling to be put on hold had not shown the extraordinary circumstances necessary to grant that request.
Kagan said the group had failed to demonstrate their harm if the judge’s decision were left in place. She said the group had not identified a “single project that a State has obstructed” in the months since the judge’s decision and had twice delayed making a request, indicating it was not urgent.
Kagan said the court’s majority had gone “astray” in granting the emergency petition and was misusing the process for dealing with such requests. That process is sometimes called the court’s “shadow docket” because the court provides a decision quickly without the full briefing and argument. The liberal justices have recently been critical of its use.
As is typical, the justices in the majority did not explain their reasoning.
Kagan wrote that her colleagues’ decision “renders the Court’s emergency docket not for emergencies at all.”
The Biden administration had told the justices in a court filing that it agreed that the U.S. District Court Judge William Alsup lacked the authority to throw out the rule without first determining that it was invalid. But the administration had urged the court not to reinstate the rule, saying that in the months since the Alsup’s ruling, officials have adapted to the change, reverting to regulations in place for decades. Another change would “cause substantial disruption and disserve the public interest,” the administration said.
Alsup was nominated to the bench by President Bill Clinton.
EPA spokesman Tim Carroll said in an email that the agency is reviewing the Supreme Court’s order as well as “moving forward with rulemaking to restore state and Tribal authority to protect water resources that are essential to public health, ecosystems, and economic opportunity.”
LeRoy Coleman, a spokesman for the National Hydropower Association, one of the groups that had sought to halt the lower court judge’s order, said in a statement that the court’s decision will “ensure that the Biden administration properly considers this important rule as it considers changes promulgated by the Environmental Protection Agency less than two years ago.”
The section of federal law at issue in the case is Section 401 of the Clean Water Act. For decades, it had been the rule that a federal agency could not issue a license or permit to conduct any activity that could result in any discharge into navigable waters unless the affected state or tribe certified that the discharge complied with the Clean Water Act and state law, or waived certification.
The Trump administration in 2020 curtailed that review power after complaints from Republicans in Congress and the fossil fuel industry that state officials had used the permitting process to stop new energy projects. The Trump administration said its actions would advance then-President Donald Trump’s goal to fast-track energy projects such as oil and natural gas pipelines.
States, Native American Tribes and environmental groups sued. Several mostly Republican-led states, a national trade association representing the oil and gas industry and others have intervened in the case to defend the Trump-era rule. The states involved in the case are: Arkansas, Louisiana, Mississippi, Missouri, Montana, West Virginia, Wyoming and Texas.
___
Associated Press reporter Matthew Daly in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/06/supreme-court-reinstates-trump-era-water-rule-now/ | 2022-04-07T05:55:22Z |
Hardly a day passes without a mailer arriving of this “Temple ISD registered voter” asking for our YES Vote for the bond.
I wonder what it costs to send out these fancy flyers. Transparency USA said the “Vote Yes for Our Kids” PAC paid Spinner Printing of Carrolton over $9,200 and almost $3,000 to Decisive Campaigns of Pearland since the unsuccessful Nov. 2, 2021 bond election.
This election only failed by two votes. It seems to me that a PAC that is courting the votes of Temple voters could at least spend the donations of mostly Temple area builders and leading (read, very wealthy) citizens on Temple businesses.
Although some Temple entities seem to come out just fine with expenditures of this PAC, including two payments to the Temple Independent School District of $1,500 on 11/17/21 and $1,000 on 11/18/21.
What was the message of voters last November? Our taxes are already high enough. Instead of spending our hard-earned (and constantly growing) tax dollars on massive boondoggles, maybe we should live within our means? Food for thought.
John Slaughter
Temple | https://www.tdtnews.com/news/letters_to_the_editor/article_19d6e648-cd61-11ec-97be-076420127d38.html | 2022-05-07T11:14:11Z |
CHAMBERSBURG, Pa., July 8, 2022 /PRNewswire/ -- IMI, the original developer of the turnkey MILCURE steel wheel refinishing system and process, has partnered with Lesta to introduce automation into their solution by using robotics to apply powder coating to truck wheels.
"Inconsistencies in the powder coating application process can lead to excessive mil thickness on the surface of the wheel, which impacts torque and the overall safety of the wheel," says Faith Bramlet, Senior Director of Marketing at IMI. "We are pleased to team up with Lesta to bring a new, automated solution to our Commercial Tire Dealer customer base that enables them to add a self-learning robotic process to consistently apply the accurate amount of powder coating to the wheel each and every time."
Whether Tire Dealers are concerned about labor shortages, throughput, quality, or productivity, IMI has enhanced its MILCURE system with the Lesta robot to be a resource for the entire commercial trucking industry.
"We are very excited to offer this to our customers so they can take their steel Wheel Refinishing quality and production capacity to the next level," said IMI's President, Bob Fogal.
Lesta's President Derek DeGeest says, "We are happy to partner with IMI to take this new automation to their Wheel Refinishing market. After receiving inquiries from a few of the major Commercial Tire Dealers that led to installations, we discovered that IMI was a key player in this market with a solid reputation for their products and service. Our companies are nicely aligned by our focus on taking care of the customer."
Visit the IMI website to learn more about MILCURE Automated Finishing Solutions https://www.imiproducts.com/lesta-self-learning-robot/
About the Company
Based in Chambersburg, PA, IMI was founded in 1973. IMI has since led the way in developing innovative truck tire, wheel, and fuel-preserving solutions for the commercial trucking industry. With over 300 years of combined industry experience, IMI's success has come from understanding the challenges facing commercial trucking Fleets and their Dealers by creating exceptional products that increase productivity and improve safety on the road. Our goal at IMI is to deliver extra miles in extraordinary ways by providing high quality solutions and exceptional customer service. Solutions like IMI FLEXX, MILCURE, ALUMINATOR, STS Tire Sealants, and CHECKPOINT lead the industry with rigorous testing and scientifically proven advantages to meet industry challenges.
View original content to download multimedia:
SOURCE IMI | https://www.wibw.com/prnewswire/2022/07/08/imi-announces-new-automation-solution-partnership/ | 2022-07-08T19:24:41Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Volta Inc. ("Volta" or the "Company") (NYSE: VLTA). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Volta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 28, 2022, Volta announced that both of its co-founders had resigned—namely, the Company's Chief Executive Officer and President, both of whom served as Directors of the Company.
On this news, Volta's stock price fell $0.76 per share, or 18.4%, to close at $3.37 per share on March 28, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content:
SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/04/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-volta-inc-vlta-vlta-ws/ | 2022-04-12T01:17:13Z |
NEW ORLEANS, June 10, 2022 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF continues its investigation into ATI Physical Therapy, Inc. (NYSE: ATIP; ATIP WS) f/k/a Fortress Value Acquisition Corp. II. (NYSE: FAII; FAII WS).
On February 22, 2021, ATI and Fortress Value Acquisition Corp. II announced a proposed merger that would take ATI public. On June 17, 2021, the Company announced that it had completed its Business Combination with Fortress. Then, on July 26, 2021, the Company reported its financial results for 2Q2021, the period in which the Business Combination was completed, disclosing that "the acceleration of attrition among [its] therapists in the second quarter and continuing into the third quarter, combined with the intensifying competition for clinicians in the labor market, prevented us from being able to meet the demand we have and increased our labor costs" and reduced its fiscal 2021 forecast due to the foregoing factors.
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information in violation of federal securities laws, which remains ongoing.
KSF's investigation is focusing on whether ATI's officers and/or directors breached their fiduciary duties to the Company's shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of ATI Physical Therapy shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-atip/ to learn more.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
View original content to download multimedia:
SOURCE Kahn Swick & Foti, LLC | https://www.wibw.com/prnewswire/2022/06/11/ati-physical-therapy-investigation-continued-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-continues-investigate-officers-directors-ati-physical-therapy-inc-fka-fortress-value-acquisition-corp-ii-atip/ | 2022-06-11T04:00:13Z |
ISLAMABAD — Pakistan’s embattled prime minister faces a tough no-confidence vote Saturday, introduced by political opponents who say they have the votes to defeat him.
A combined opposition that spans the political spectrum from the left to the radically religious says it has the 172 votes it needs in Pakistan’s 342-seat Parliament to oust Prime Minister Imran Khan.
Khan took to national television on the eve of the vote calling on supporters to take to the streets to protest on Sunday, an indication he believed he would lose the vote. Pakistan’s five-member Supreme Court on Thursday blocked Khan’s bid to stay in power, ruling that his move to dissolve Parliament and call early elections was illegal.
Thursday’s court decision set the stage for a no-confidence vote, which was likely to go against Khan after several of his ruling party members and a small but key coalition partner defected. The timing of the vote was unclear but the Supreme Court ruling says it should happen before Saturday before midnight strikes.
In a brief exchange in Parliament on Saturday, opposition leader Shahbaz Sharif warned against further delays. Sharif is a likely candidate for prime minister should Khan lose the vote. The opposition introduced the motion last month, accusing the prime minister of economic mismanagement that has driven up prices and interest rates.
Khan’s Foreign Minister Shah Mahmood Qureshi, meanwhile, demanded an investigation into ruling party allegations that the no-confidence vote was a ploy by the opposition and America to unseat Khan, who was not present.
Some of Khan’s party members were vitriolic in their attacks on America. His Human Rights Minister and ally Shireen Mazari slammed what she called Washington’s history of regime changes in Central and South America, saying Pakistan’s long relationship with Washington was good only when Islamabad was “subservient.”
Khan ran afoul of America, she said, because of his independence: he sharply criticized U.S. drone strikes in Pakistan and refused to allow the U.S. military to fly over its air space to carry out attacks in Afghanistan, after its chaotic departure from that country.
In an impassioned speech Friday, Khan doubled down on his accusations that his opponents colluded with the United States to unseat him over his foreign policy choices, which often seemed to favor China and Russia and defied the U.S.
Khan said Washington opposed his Feb. 24 meeting with Russian President Vladimir Putin in the Kremlin hours after tanks rolled into Ukraine, launching a devastating war in the heart of Europe.
The U.S. State Department has denied any involvement in Pakistan’s internal politics. Deputy State Department spokeswoman Jalina Porter told reporters on Friday there was “absolutely no truth to these allegations.”
“Of course, we continue to follow these developments and support Pakistan’s constitutional process, but again these allegations are absolutely not true,” she said.
Still, Khan urged his supporters to take to the streets, particularly the youth who have been the backbone of his support since the former cricket star turned conservative Islamist politician came to power in 2018. He said they needed to protect Pakistan’s sovereignty and oppose U.S. dictations.
“You have to come out to protect your own future. It is you who have to protect your democracy, your sovereignty and your independence. ... This is your duty,” he said. “I will not accept an imposed government.”
Khan’s options are limited and should he see a big turnout in support, he may try to keep the momentum of street protests as a way to pressure Parliament to dissolve and go to early elections.
A no-confidence vote loss for Khan on Saturday would bring to power some unlikely partners.
Among them is a radically religious party that runs scores of religious schools. The Jamiat-e-Ulema-Islam, or Assembly of Clerics, teaches a deeply conservative brand of Islam in its schools. Many of Afghanistan’s Taliban and Pakistan’s own homegrown violent Taliban graduated from JUI schools.
The largest among the opposition parties — the Pakistan People’s Party, led by the son of slain former Prime Minister Benazir Bhutto, and the Pakistan Muslim League — have been tainted by allegations of widespread corruption.
Pakistan Muslim League leader and former Prime Minister Nawaz Sharif was convicted of corruption after being named in the so-called Panama Papers. That’s a collection of leaked secret financial documents showing how some of the world’s richest hide their money and involving a global law firm based in Panama. Sharif was disqualified by Pakistan’s Supreme Court from holding office.
If the opposition wins the no-confidence vote, it is up to Parliament to choose a new head of government, which could be Sharif’s brother, Shahbaz Sharif. If the lawmakers are unsuccessful, early elections would be called. | https://www.tdtnews.com/news/article_cb50569c-b859-11ec-8052-87792904095a.html | 2022-04-10T06:51:53Z |
11 Artists & Bands Performed at SHOWCASE to Large Audiences
TAIPEI, June 29, 2022 /PRNewswire/ -- The series of Golden Melody Festival events executed by Taiwan Television Enterprise officially closed on June 26th. This year, exhibitions were curated around two themes: Music X Drama and Music X Games. Golden Melody Festival events included international conferences, workshops, business matchmaking events, a GMA SHOWCASE Concert, and a biz-matching program. The events attracted people across the music, film, and gaming industry. International speakers attended many of the events through video conferencing, sharing with their peers in Taiwan, their practical experiences abroad and the industry landscape. OST Yeram LIM of South Korea's CJ ENM, CEO Mark Frieser of U.S.'s Sync Summit, and Chairman Gary Calamar of GO Music shared their experiences creating film scores. Garry Schyman, an award-winning American composer, dissected the background of gaming music and gave students of the master workshop a professional critique of their work. Alongside many top professionals in Taiwan's film and gaming industry, Garry Schyman also explored his experiences and challenges when creating music and integrating scores with the film. Their discussions were invaluable to participants. A total of 259 businesses attended the 2022 GMA.
The GMA SHOWCASE Concert, highly anticipated by music fans, was a three-day festivity. Mixer, recipient of the Best Band Award at the 25th GMA, kicked off the first day with an invigorating performance. Lead singer Wu Shenghao shared that they were "incredibly honored to return to Kaohsiung for the Golden Melody Festival and happy that the world gets to see a little bit more of Kaohsiung." In 2022, Mixer also welcomed their tenth anniversary with a surprise announcement: a new album and concert in the works. ?te, known for her lazy drawl, revealed that she's still looking forward to her first performance at a music festival abroad, shouting on stage to "Give me a change!" Cosmospeople, having been out of the stage lights for a while, was especially excited about their performance at the GMA SHOWCASE Concert and announced that they will be holding a concert at the end of the year, also in Kaohsiung. On the second day, the duo JADE delivered seven songs in their stunning on-stage performance and expressed their gratitude to music festivals in Taiwan: "The current landscape of Taiwanese bands was nurtured by the many outstanding music festivals of Taiwan." Indigenous singer Sauljaljui opened her performance with a nose flute solo and invited the audience to sing with her in her native tongue. Sauljaljui unleashed her musical prowess and used four different instruments during her performance. She closed her performance with "Singing for Each Other," a lighthearted but moving song. Last on was Best Band nominee - Flesh Juicer. When asked about their nomination, all five of the members said that were "very happy." Flesh Juicer closed the second day with an infectious performance filled with captivating videos and stunning lights.
OVDS opened the third day with an enlivening performance and expressed that "the GMA has fostered the music industry in Taiwan for a very long time and continued to propel musicians forward. It is a very valuable award. Last year's GMA nomination prompted us to reassess why we first became musicians." Last but not least, Sweet John from Tainan closed the show with their natural vocals. The band expressed an interest in performing in Japan and shared their disappointment with their delayed concert in Australia. Lastly, they expressed their wishes to meet their fans as soon as possible. In addition to musicians and bands from Taiwan, the GMA also invited Saji from Hokkaido, Japan, Bonander from Sweden, and Paolo Sandejas from the Philippines to perform online for the Golden Melody Festival audience. The three musicians were recommended by global strategic alliance partners and delivered incredible performances.
Please visit the official GMA website, follow us on Facebook, or GMA YouTube Channel for more information on the 2022 Golden Melody Festival events.
Golden Melody Festival Clips: https://youtu.be/wkKA3BVQML4
GMA website: https://gma.tavis.tw/GM33/index.htm
GMA Facebook page: https://www.facebook.com/GMAGMF
View original content to download multimedia:
SOURCE Taiwan Television Enterprise | https://www.wibw.com/prnewswire/2022/06/30/2022-golden-melody-festival-facilitates-music-x-film-x-gaming-talks/ | 2022-06-30T03:20:48Z |
- First quarter 2022 net income of $50.1 million decreased 19% compared to the first quarter of 2021 and decreased 9% compared to the fourth quarter of 2021
- First quarter 2022 diluted earnings per common share of $1.02 decreased 24% compared to the first quarter of 2021 and decreased 11% compared to the fourth quarter of 2021
- Total assets of $9.7 billion decreased 1%, compared to March 31, 2021, and decreased 14% compared to December 31, 2021
- Return on average assets was 1.92% in the first quarter of 2022 compared to $2.49% in the first quarter of 2021 and 2.02% in the fourth quarter of 2021
- Tangible book value per common share of $18.70 increased 27% compared to $14.72 in the first quarter of 2021 and increased 4% compared to $17.96 in the fourth quarter of 2021
- Credit quality remained strong, as nonperforming loans represented 0.08% of loans receivable compared to 0.08% at March 31, 2021 and 0.01% at December 31, 2021
- Quarterly dividends were increased by 17%, to $.07 per common share
- The Company was recognized as the 2021 best-performing bank in the U.S. among public U.S. banks with more than $10 billion in assets, according to the 2021 S&P Global Market Intelligence Ranking
CARMEL, Ind., April 28, 2022 /PRNewswire/ -- Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today reported first quarter 2022 net income of $50.1 million, or diluted earnings per common share of $1.02. This compared to $62.0 million, or diluted earnings per common share of $1.35 in the first quarter of 2021, and compared to $55.2 million, or diluted earnings per common share of $1.14 in the fourth quarter of 2021.
"We were honored in March to be named as the 2021 best-performing large public bank in the country by S&P Global Market Intelligence. Our focus on profitability and safety and soundness has continued into 2022 despite the headwinds of industry volume declines in single-family loans as market interest rates have increased. With a tangible book value of $18.70 per share, an industry-leading return on average assets of 1.92% and an efficiency ratio of just 30.9% in the quarter, we are off to a great start this year," said Michael F. Petrie, Chairman and CEO of Merchants.
Michael J. Dunlap, President and Chief Operating Officer of Merchants, added, "Our strong results will continue to be driven by the exceptional team we have assembled across the country as we expand our relationship-based product offerings to a larger geographic footprint, while maintaining our hallmarks of efficiency and credit quality. Our diverse business model positions us to enhance revenue streams well into the future."
Net income for the first quarter 2022 decreased by $11.9 million, or 19%, compared to the first quarter of 2021, primarily driven by a $9.4 million, or 21%, decrease in noninterest income that reflected a 37% decrease in gain on sale of loans. Also contributing to the lower net income was a $6.2 million, or 9%, decrease in net interest income that reflected a 4% decrease in interest income that reflected lower loan balances.
Net income for the first quarter 2022 decreased by $5.1 million, or 9%, compared to the fourth quarter of 2021, primarily driven by a $5.7 million, or 14%, decrease in noninterest income that reflected a 37% decrease in gain on sale of loans. Also contributing to the lower net income was a $7.0 million, or 10%, decrease in net interest income that reflected a 8% decrease in interest income. Partially offsetting these items was a $6.6 million, or 18%, decrease in noninterest expenses from a 16% decrease in salaries and employee benefits, including commissions.
Total Assets
Total assets of $9.7 billion at March 31, 2022 decreased 1%, compared to March 31, 2021, and decreased $1.6 billion, or 14%, compared to December 31, 2021. The decrease compared to December 31, 2021 was primarily due to a decrease in cash and loans held for sale.
Return on average assets was 1.92% for the first quarter of 2022 compared to 2.49% for the first quarter of 2021 and 2.02% for the fourth quarter of 2021.
Asset Quality
The allowance for credit losses on loans of $32.1 million at March 31, 2022 increased $3.0 million compared to March 31, 2021 and increased $0.8 million compared to December 31, 2021. The increases compared to December 31, 2021 were primarily in the multi-family and healthcare loan portfolios. The Company implemented its current expected credit losses ("CECL") model during the quarter, in accordance with the new accounting standard. As of March 31, 2022, the Company had only one loan remaining in a COVID-19 payment deferral arrangement, with an unpaid balance of $36.8 million.
Non-performing loans were $4.7 million, or 0.08%, of loans receivable at March 31, 2022, compared to $4.7 million, or 0.08% of loans receivable at March 31, 2021, and compared to $0.8 million, or 0.01%, of loans receivable at December 31, 2021.
Total Deposits
Total deposits of $7.5 billion at March 31, 2022 decreased $587.4 million, or 7%, compared to March 31, 2021, and decreased $1.5 billion, or 17%, compared to December 31, 2021. The decrease compared to December 31, 2021 was primarily due to a decrease in brokered demand and certificates of deposits.
Total brokered deposits of $379.9 million at March 31, 2022 decreased $478.2 million, or 56%, from March 31, 2021 and decreased $1.8 billion, or 82%, from December 31, 2021. Brokered deposits represented 5% of total deposits at March 31, 2022 compared to 11% of total deposits at March 31, 2021 and 24% of total deposits at December 31, 2021.
Liquidity
Cash balances of $411.5 million at March 31, 2022 increased by $142.1 million compared to March 31, 2021 and decreased by $621.1 million compared to December 31, 2021. The Company also continues to have significant borrowing capacity, with unused lines of credit totaling $2.2 billion at March 31, 2022 compared to $3.7 billion at March 31, 2021 and $2.4 billion at December 31, 2021. This liquidity enhances the ability to effectively manage interest expense and asset levels in the future.
Net Interest Income
Net interest income of $65.7 million in the first quarter of 2022 decreased $6.2 million, or 9%, compared to the first quarter of 2021 and decreased $7.0 million, or 10%, compared to the fourth quarter of 2021.
The 9% decrease in net interest income compared to the first quarter of 2021 reflected a 4% decrease in interest income from lower average loan balances. The interest rate spread of 2.55% for the first quarter of 2022 decreased 38 basis points compared to 2.93% in the first quarter of 2021. The net interest margin of 2.62% for the first quarter of 2022 decreased 37 basis points compared to 2.99% for the first quarter of 2021. The decrease in net interest margin compared to the first quarter of 2021 reflected lower average loan balances at lower average yields, higher average cash balances, and higher average deposit balances at higher yields.
The 10% decrease in net interest income compared to the fourth quarter of 2021 reflected lower average loan balances that offset higher loan yields. The interest rate spread of 2.55% for the first quarter of 2022 decreased 7 basis points compared to 2.62% in the fourth quarter of 2021. The net interest margin of 2.62% for the first quarter of 2022 decreased 8 basis points compared to 2.70% for the fourth quarter of 2021.
Interest Income
Interest income of $76.0 million in the first quarter of 2022 decreased $3.5 million, or 4%, compared to the first quarter of 2021 and decreased $6.6 million, or 8%, compared to the fourth quarter of 2021.
The 4% decrease in interest income compared to the first quarter of 2021 was primarily due to a decrease in average loan balances and slightly lower average yields. The lower interest income reflected a $329.4 million, or 4%, decrease in the average balance of loans, including loans held for sale, as warehouse volumes declined. Average loans were $8.0 billion for the first quarter of 2022 compared to $8.4 billion for the first quarter of 2021. The average yield on loans and loans held for sale of 3.64% for the first quarter of 2022 decreased 2 basis points compared to 3.66% for the first quarter of 2021.
The 8% decrease in interest income compared to the fourth quarter of 2021 reflected a $1.0 billion, or 11%, decrease in the average balance of loans, including loans held for sale, as warehouse volumes declined. Average loans were $8.0 billion for the first quarter of 2022 compared to $9.1 billion for the fourth quarter of 2021. The average yield on loans and loans held for sale of 3.64% for the first quarter of 2022 increased 27 basis points compared to 3.37% for the fourth quarter of 2021.
Interest Expense
Total interest expense increased $2.7 million, or 36%, to $10.3 million for the first quarter of 2022 compared to the first quarter of 2021 and increased $0.4 million, or 5%, compared to the fourth quarter of 2021. Interest expense on deposits of $8.8 million for the first quarter of 2022 increased $2.7 million, or 44%, compared to the first quarter of 2021 and increased $0.3 million, or 4%, compared to the fourth quarter of 2021.
The 36% increase in interest expense on deposits compared to the first quarter of 2021 was primarily due to increases in average balances of money market accounts and certificates of deposits, which was partially offset by lower average rates for certificates of deposit. The average balance of interest-bearing deposits of $8.0 billion for the first quarter of 2022 increased $557.3 million, or 7%, compared to the first quarter of 2021. The average yield of interest-bearing deposits was 0.44% for the first quarter of 2022, which was a 11 basis point increase compared to 0.33% in the first quarter of 2021.
The 5% increase in interest expense on deposits compared to the fourth quarter of 2021 was primarily due to higher average balances of money market accounts. The average balance of interest-bearing deposits of $8.0 billion for the first quarter of 2022 decreased $260.9 million, or 3%, compared to the fourth quarter of 2021. The average yield of interest-bearing deposits was 0.44% for the first quarter of 2022, which was a 3 basis point increase compared to 0.41% in the fourth quarter of 2021.
Noninterest Income
Noninterest income of $34.6 million for the first quarter of 2022 decreased $9.3 million, or 21%, compared to the first quarter of 2021 and decreased $5.7 million, or 14%, compared to the fourth quarter of 2021.
The 21% decrease in noninterest income compared to the first quarter of 2021 was primarily due to a $10.7 million decrease in gain on sale of loans, partially offset by an increase in loan servicing fees of $1.8 million. Included in loan servicing fees for the first quarter of 2022 was a $7.6 million positive fair market value adjustment to servicing rights, which compared to a $6.9 million positive fair market value adjustment for the first quarter of 2021.
The 14% decrease in noninterest income compared to the fourth quarter of 2021 was primarily due to a $10.5 million decrease in gain on sale of loans, as well as a $4.7 million decrease in low-income housing tax credit syndication fees, partially offset by an increase in loan servicing fees of $8.3 million. Included in loan servicing fees for the first quarter of 2022 was a $7.6 million positive fair market value adjustment to servicing rights, which compared to a $1.9 million positive fair market value adjustment for the fourth quarter of 2021.
At March 31, 2022, servicing rights were valued at $121.0 million, an increase of 10% compared to December 31, 2021 and an increase of 26% compared to March 31, 2021. These increases were driven by higher loan balances of serviced assets and higher interest rates that impacted fair market value adjustments in the first quarter of 2022. The value of servicing rights generally increases in rising interest rate environments and declines in falling interest rate environments due to expected prepayments.
Noninterest Expense
Noninterest expense of $31.0 million for the first quarter of 2022 increased $0.9 million, or 3%, compared to the first quarter of 2021 and decreased $6.6 million, or 18%, compared to the fourth quarter of 2021.
The 3% increase in noninterest expense compared to the first quarter of 2021 was due primarily to increases in professional fees, technology expenses and other expenses, offset by a decrease in loan expenses. The efficiency ratio of 30.9% for the first quarter of 2022 compared to 26.0% for the first quarter of 2021.
The 18% decrease in noninterest expense compared to the fourth quarter of 2021 was primarily due to a $4.1 million, or 16%, decrease in salaries and employee benefits, including commissions. The efficiency ratio of 30.9% for the first quarter of 2022 compared to 33.3% for the fourth quarter of 2021.
Segments
Banking
For the first quarter of 2022, net income of $28.8 million for Banking increased 25% from the first quarter of 2021, reflecting higher net interest income that was partially offset by lower noninterest income from gains on sale of loans. Included in noninterest income for the first quarter of 2022 was a $4.3 million positive fair market value adjustment to servicing rights, which compared to a $4.7 million positive fair market value adjustment for the first quarter of 2021.
Net income for this segment increased 27% from the fourth quarter of 2021 primarily due to higher net interest income and loan servicing fees, partially offset by higher noninterest expenses from higher salaries and employee benefits. Included in loan servicing fees for the first quarter of 2022 was a $4.3 million positive fair market value adjustment to servicing rights, which compared to a $0.9 million positive fair market value adjustment for the fourth quarter of 2021.
Multi-family Mortgage Banking
For the first quarter of 2022, net income of $11.5 million for Multi-family Mortgage Banking decreased 4% compared with the first quarter of 2021, primarily due to lower noninterest income from gain on sale of loans that was partially offset by higher loan servicing fees and other income. The increase in loan servicing fees reflected a positive fair market value adjustment of $3.3 million on servicing rights in the first quarter of 2022 compared to a positive fair market value adjustment of $2.1 million in the first quarter of 2021.
Compared to the fourth quarter of 2021, net income for this segment decreased 19%, reflecting lower noninterest income from gain on sale of loans that was partially offset by higher loan servicing fees. The increase in loan servicing fees reflected a positive fair market value adjustment of $3.3 million on servicing rights in the first quarter of 2022 compared to a positive fair market value adjustment of $1.0 million in the fourth quarter of 2021.
Mortgage Warehousing
For the first quarter of 2022, net income of $13.2 million for Mortgage Warehousing decreased 55% compared to the first quarter of 2021 and decreased 38% compared to the fourth quarter of 2021. The decreases compared to the prior periods reflected lower net interest income and mortgage warehouse fees as industry volumes declined.
About Merchants Bancorp
Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business, including Federal Housing Administration ("FHA") multi-family housing and healthcare facility financing and servicing; mortgage warehouse financing; retail and correspondent residential mortgage banking; agricultural lending; and traditional community banking. Merchants Bancorp, with $9.7 billion in assets and $7.5 billion in deposits as of March 31, 2022, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, Merchants Capital Servicing, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. For more information and financial data, please visit Merchants' Investor Relations page at investors.merchantsbancorp.com.
Forward-Looking Statements
This press release contains forward-looking statements which reflect management's current views with respect to, among other things, future events and financial performance. These statements are often, but not always, made through the use of words or phrases such as "may," "might," "should," "could," "predict," "potential," "believe," "expect," "continue," "will," "anticipate," "seek," "estimate," "intend," "plan," "projection," "goal," "target," "outlook," "aim," "would," "annualized" and "outlook," or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about the industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control, such as the potential impacts of the COVID-19 pandemic. Accordingly, management cautions that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. A number of important factors could cause actual results to differ materially from those indicated in these forward-looking statements, including the impacts of the COVID-19 pandemic, such as the severity, magnitude, duration and businesses' and governments' responses thereto, on the Company's operations and personnel, and on activity and demand across its businesses, and other factors identified in "Risk Factors" or "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K and other periodic filings with the Securities and Exchange Commission. Any forward-looking statements presented herein are made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
View original content to download multimedia:
SOURCE Merchants Bancorp | https://www.mysuncoast.com/prnewswire/2022/04/28/merchants-bancorp-reports-first-quarter-2022-results/ | 2022-04-28T21:17:25Z |
HOUSTON, Aug. 22, 2022 /PRNewswire/ -- GATE Energy, the Houston-based engineering, commissioning and field services firm is pleased to announce that they have been awarded the commissioning management and execution contract for LLOG's Salamanca development.
The scope of this work includes pre-commissioning and commissioning planning and execution at both the onshore fabrication site and offshore. The GATE commissioning team will also support initial startup activities offshore.
Mark Myhre, President of GATE Commissioning, said, "This Salamanca award exemplifies our relationship and partnership with LLOG following our success on the Delta House project. GATE Energy continues to enjoy our strong position in the commissioning segment with 10 major deepwater commissioning projects awarded to us in just the past 9 years. Our culture and backlog are strong with the investment in our people and processes continuing to show dividends. We look forward to ensuring LLOG succeeds on Salamanca and are excited for the future of our people, clients, and industry."
The Salamanca FPS will be located in Block 689 of the Keathley Canyon to tap into the Leon and Castile discoveries. The deepwater platform sits in approximately 6,400 ft, capable of producing 60,000 BOPD, 25,000 BWPD, and 40 MMSCFD of natural gas.
GATE Energy is a family of companies that provide scalable, fit-for-purpose services for the energy sector including engineering, commissioning, and specialty field services.
For more information on GATE Energy, visit www.gate.energy
View original content to download multimedia:
SOURCE GATE Energy | https://www.mysuncoast.com/prnewswire/2022/08/22/gate-energy-awarded-salamanca-commissioning/ | 2022-08-22T20:19:08Z |
(NewsNation) — The fatal film-set shooting of a cinematographer by actor Alec Baldwin last year was an accident, according to a determination made by New Mexico’s Office of the Medical Investigator following the completion of an autopsy and a review of law enforcement reports.
The medical investigator’s report was made public Monday by the Santa Fe County Sheriff’s Office along with numerous reports from the FBI on the revolver and ammunition that were collected after the shooting.
The FBI forensic report shows that the .45-caliber revolver used in the fatal shooting on the “Rust” movie set could not have been fired without pulling the trigger.
Baldwin, however, told ABC’s George Stephanopoulos in December “the trigger wasn’t pulled. I didn’t pull the trigger.” Baldwin also said he believed he was handling a “cold gun” — meaning one without any live ammunition.
Baldwin spoke about the incident with incoming NewsNation host Chris Cuomo on his podcast. The full episode will be released Tuesday.
While the FBI report does not provide proof of any intent or suggest that the incident was anything other than a tragic accident, it does call Baldwin’s credibility into question.
Cinematographer Halyna Hutchins was fatally shot on the set on Oct. 21, and film director Joel Souza was wounded.
In a statement, an attorney for Baldwin said: “This is the third time the New Mexico authorities have found that Alec Baldwin had no authority or knowledge of the allegedly unsafe conditions on the set, that he was told by the person in charge of safety on the set that the gun was ‘cold,’ and believed the gun was safe.”
The Associated Press contributed to this report. | https://cw33.com/news/nexstar-media-wire/medical-investigator-rules-baldwin-set-shooting-an-accident/ | 2022-08-16T13:23:42Z |
Bradenton Marauders celebrate historical negro league team
Published: Jul. 30, 2022 at 5:18 PM EDT|Updated: 1 hour ago
SARASOTA, Fla. (WWSB) - The Bradenton Marauders hosted a tribute night for one very important local baseball player and his team. Morris Paskell played for the Bradenton Nine devils, the city’s historical negro league team. From 1937 to 1956, the Nine Devils played baseball on the same field in LECOM park.
Paskell started the night off by throwing the first pitch. According to the former player, being back around the game he loves in the ballpark he used to play in made him feel like being at home again. Friday is a tribute to the Bradenton Nine Devils baseball team.
Saturday night the Marauders are offering free backpacks for the first 500 kids ages 12 and under.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/30/bradenton-marauders-celebrate-historical-negro-league-team/ | 2022-07-30T22:21:10Z |
CAMERON — Services for Brianne Sheree Piper, 29, of Austin will be 2 p.m. Tuesday at Marek-Burns-Laywell Funeral Home in Cameron.
Burial will be at a later date.
Ms. Piper died Wednesday, May 4, at her residence.
She was born Aug. 6, 1992, in Houston to Calvin Dwane and Paula Ann McGaughey Piper.
Survivors include a son, James Piper of Cameron; a daughter, Eliana Piper of Cameron; her mother of Austin; and a brother, Matthew A. Piper of Austin.
Visitation will be 1 p.m. Tuesday at the funeral home. | https://www.tdtnews.com/obituaries/article_caf1b99a-da4e-11ec-9242-332df9860eff.html | 2022-05-23T05:55:52Z |
FinancialNewsMedia.com News Commentary
Palm Beach, FL, July 18, 2022 /PRNewswire/ -- Particulate matter or particle pollution is a significant contributor to heart and lung disease. Individuals most affected by poor air quality have asthma, chronic obstructive pulmonary disease (COPD), and heart disease. Some of the companies tackling these soaring health problems include GlaxoSmithKline (NYSE: GSK), AstraZeneca (NASDAQ: AZN), Regeneron Pharmaceuticals Inc (NASDAQ: REGN), and Cardiol Therapeutics (NASDAQ: CRDL) (TSX: CRDL).
Particulate matter pollution is prevalent because their minuscule size means people often inhale these particles effortlessly. They then infiltrate blood vessels, damaging the heart and lungs. Familiar sources include automobile and diesel generator emissions, wood and tobacco smoke, wildfires and even fireworks.
Despite extensive efforts to combat climate change, it seems the world has a long way to go to achieve clean air all around. This means any help to alleviate the associated health concerns is warmly welcomed.
Last year GSK began an R&D program to redevelop and redesign its rescue metered-dose inhalers (MDIs) to lower its carbon emissions while continuing to provide relief to asthmatics.
A recent asthma study published in the British Medical Journal (BMJ) showed that patients switching from a pressurized metered-dose inhaler (pMDI) to a dry powder inhaler (DPI)-based maintenance therapy more than halved their inhaler carbon footprint without loss of asthma control.
Regeneron Pharmaceuticals, along with The National Institute of Allergy and Infectious Diseases (NIAID) and Sanofi, are co-funding a Phase 2 clinical trial. This will test whether a monoclonal antibody, dupilumab, can reduce asthma attacks and improve lung function and asthma symptoms in children with poorly controlled allergic asthma who live in low-income urban neighborhoods.
Meanwhile, AstraZeneca is on a mission to transform the treatment of asthma and COPD by driving earlier, biology-led treatment, eliminating preventable asthma attacks, and removing COPD as a top-three leading cause of death.
However, cardiovascular diseases remain the world's primary cause of death. Indeed, more than 800,000 Americans suffer from heart attacks annually, according to the Centers for Disease Control and Prevention (CDC). Furthermore, 2018 CDC data indicates more than 30 million Americans live with heart disease.
Inhaling microscopic pollution particles can lead to arrhythmia, inflammation and hypercoagulation.
Cardiol Therapeutics (NASDAQ: CRDL) (TSX: CRDL) is one company attempting to tackle the debilitating effects of heart conditions. The company aims to treat inflammatory heart conditions of acute myocarditis, recurrent pericarditis, along with diastolic heart failure.
Cardiol Therapeutics is developing CardiolRx™, a pharmaceutically produced oral cannabidiol formulation to potentially treat acute inflammation associated with heart disease.
Cardiol currently has one multi-national clinical trial ongoing with another expected to commence imminently. Plus, it recently announced its third FDA IND authorization for its flagship formulation CardiolRx™ in cardiovascular disease.
Altogether, the company is looking to treat three areas of concern that would greatly benefit from an alternative treatment breakthrough.
PHASE II RECURRENT PERICARDITIS TRIAL
Cardiol's latest IND authorization is for a multicenter Phase II open-label pilot study of CardiolRx™ for recurrent pericarditis. This study will run parallel to the company's multi-national Phase II acute myocarditis trial.
Cardiol's recurrent pericarditis study will also assess the improvement in objective measures of disease and, during an extension period, evaluate the feasibility of weaning concomitant background therapy, including corticosteroids, while taking CardiolRx™.
Allan L. Klein, MD, FRCP (C), FACC, FAHA, FASE, FESC, Director Center of Pericardial Diseases and Professor of Medicine, Heart and Vascular Institute, Cleveland Clinic, will serve as study Chair and provide leadership throughout the trial.
Cardiol's study is expected to enroll 25 patients at major clinical centers specializing in pericarditis in the United States. The study protocol has been designed in collaboration with well-established thought leaders in pericardial disease.
Cardiol Therapeutics' Chief Medical Officer, Dr. Andrew Hamer, commented:
"With Investigational New Drug authorization now in place, we look forward to ramping up initiation of this important study. We also anticipate benefiting from the clinical trial infrastructure already established for our multi-national acute myocarditis study, which is expected to commence patient enrollment imminently."
Pericarditis refers to inflammation of the pericardium – the membrane or sac surrounding the heart. Symptoms include debilitating chest pain, shortness of breath, and fatigue, which result in physical limitations, reduced quality of life, emergency department visits, and hospitalizations.
Based on the time of presentation, acute pericarditis is a symptomatic event lasting less than four to six weeks. The diagnosis is based on meeting two of four criteria: chest pain, pericardial rub; electrocardiogram changes; and new or worsening pericardial swelling. Elevation of inflammatory markers such as CRP and evidence of pericardial inflammation by an imaging technique (computed tomography scan or cardiac magnetic resonance) may help diagnose and monitor disease activity.
Although generally self-limited and not life-threatening, acute pericarditis is diagnosed in 0.2% of all in-hospital cardiovascular admissions. It is responsible for 5% of emergency room admissions for chest pain in North America and Western Europe.
Recurrent pericarditis is the reappearance of symptoms after a symptom-free period of at least 4–6 weeks following an episode of acute pericarditis. These recurrences appear in 15% to 30% of acute cases, usually within 18 months. Up to 50% of patients with a recurrent episode of pericarditis experience more recurrences.
Cardiol believes there is a significant opportunity to develop a novel, well-tolerated, and safe therapy for treating recurrent pericarditis to prevent multiple recurrences in the first place.
Moreover, both acute myocarditis and recurrent pericarditis have a prevalence under 200,000 people in the United States. This means CardiolRx™ is eligible for orphan drug status in two indications, potentially adding significantly more value to the company.
Air pollution is a rapidly growing primary health concern around the world. Medical solutions are the next best option if pollution can't be eradicated.
GlaxoSmithKline (NYSE: GSK) is a leader in treating respiratory disease, producing MDIs that use a propellant to deliver the medicine and Dry Powder Inhalers (DPIs) which are propellant free. GSK's latest generation of inhaler products that use the Ellipta device were developed and launched as DPIs and have an acknowledged lower carbon footprint than MDIs.
AstraZeneca (NASDAQ: AZN) is working with governments and policymakers worldwide to address systemic challenges and make COPD a public health priority. It aims to cut the COPD exacerbation rate in half by 2030 and thus reduce the associated cardiovascular mortality risk.
Regeneron Pharmaceuticals Inc (NASDAQ: REGN) enjoyed European Commission (EC) approval of its Dupixent (Dupilumab) drug for the treatment of severe asthma in children aged 6 to 11 years in April 2022.
DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult =a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated twenty six hundred dollars for news coverage of the current press releases issued by Cardiol Therapeutics by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Contact Information:
Media Contact email: editor@financialnewsmedia.com - +1(561)325-8757
View original content:
SOURCE Financialnewsmedia.com | https://www.kxii.com/prnewswire/2022/07/19/air-pollution-is-global-heart-lung-health-concern/ | 2022-07-19T19:43:40Z |
January-March 2022 compared to January-March 2021
ÖSTERSUND, Sweden, May 4, 2022 /PRNewswire/ --
Highlights according to segment reporting:
- Revenue amounted to SEK 37.8 billion (34.4); adjusted for currency effects revenue increased 3 percent.
- Operating income amounted to SEK 1.9 billion (2.3); adjusted for currency effects operating income decreased 23 percent.
- Earnings per share amounted to SEK 3.62 (4.59).
- Operating cash flow from operations amounted to SEK -2.8 billion (3.3), according to IFRS.
- Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 15.4 billion (December 31, 2021: 17.7), according to IFRS.
- Order bookings in Construction amounted to SEK 30.0 billion (34.9); adjusted for currency effects order bookings decreased 20 percent. The order backlog amounted to SEK 207.6 billion (December 31, 2021: 207.0).
- Operating income in Construction amounted to SEK 0.8 billion (0.7), representing an operating margin of 2.3 percent (2.5).
- Operating income in Project Development amounted to SEK 1.3 billion (1.7).
- Return on capital employed in Project Development was 10.8 percent (10.5).
- Return on equity was 18.3 percent (23.9).
This report will also be presented via a telephone conference and a webcast at 10:00 CET on May 4, 2022.
The telephone conference will be webcasted live at www.skanska.com/investors, where a recording of the conference will also be available later.
To participate in the telephone conference, please dial +46 (0)8 5051 00 31, or +44 (0)207 107 06 13, or +1 (1) 631 570 56 13 .
This and previous releases can also be found at www.group.skanska.com/investors.
This is information that Skanska AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
The information was submitted for publication, through the agency of the Senior Vice President Investor Relations set out below, at 07:30 CET on May 4, 2022.
For further information, please contact:
Magnus Persson, Executive Vice President and CFO, Skanska AB, tel +46 10 448 8900
Antonia Junelind, Senior Vice President, Investor Relations, Skanska AB, tel +46 10 448 6261
Karolina Cederhage, Senior Vice President, Communications, Skanska AB, tel +46 10 448 0880
Jacob Birkeland, Head of Media Relations and Public Affairs, Skanska AB, tel +46 10 449 1957
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE Skanska | https://www.mysuncoast.com/prnewswire/2022/05/04/three-month-report-january-march-2022-skanska/ | 2022-05-04T08:15:16Z |
IRVINE, Calif., May 23, 2022 /PRNewswire/ -- Profound Logic (www.profoundlogic.com), the leader in IBM i innovation and transformation solutions, has pre-built a Salesforce API integration example to demonstrate the full power of Profound API's low-code solutions.
With this API, a Salesforce administrator could connect to their company's IBM i databases without knowing any code, freeing up IT's time to focus on revenue-driving activities.
Profound API allows users to build integrations to software such as Salesforce, HubSpot, ADP, and more, all without writing a single line of code.
"It can take months to learn how to build, test, deploy and manage API properly," says Profound Logic Chief Revenue Officer Jordan Antonoff. "With low-code technology, you don't need to be a developer to build integrations between any system."
Profound API empowers your teams by:
- Significantly reducing the complexity of API development
- Monitoring performance with real-time dashboards, allowing you to detect issues easily
- Ensuring security through a simplified design, development, and deployment process
- Future-proofing your business with modern API development standards and automatic documentation
- Seamlessly integrating with IBM i and most popular databases
- Speeding up development
- Write once, run on any platform
At no additional cost, you will also receive Profound.js, a low-code development framework to help you rapidly build new business applications and extend the capabilities of Profound API.
Give your developers, new and experienced, RPG or other, a development framework that facilitates collaboration and the transfer of tribal knowledge.
To learn more about our solutions and services and contact our professional team, visit www.profoundlogic.com.
About Profound Logic
Profound Logic delivers innovation and transformation within reach. We are the only IBM i modernization partner with a fully integrated solution stack to solve today's complex business challenges. For more than 20 years, we've helped you innovate for the future through application modernization, integration, and development. Profound Logic Solutions supports flexible code transformation, system integration and API modernization, rapid application and low code development, application interface and database modernization, and professional services and staff augmentation.
We have offices in Ohio, Wisconsin, and Mississippi and partners located around the world. Learn more at www.profoundlogic.com or contact us at 877-224-7768.
View original content to download multimedia:
SOURCE Profound Logic | https://www.mysuncoast.com/prnewswire/2022/05/23/profound-logic-builds-ibm-i-salesforce-api-integration-example-without-writing-single-line-code/ | 2022-05-23T15:32:49Z |
MINNEAPOLIS, July 20, 2022 /PRNewswire/ -- Challenged by the pandemic, inflation and economic uncertainty, B2B marketers are pressed more than ever to attract, engage and retain customers. To become more relevant in a crowded marketplace, many marketers have turned to influencer marketing. Despite growing momentum around the practice, there are many unanswered questions about working with B2B influencers.
To help brands capitalize on the opportunity with B2B influencers, TopRank Marketing has published the second edition of the B2B Influencer Marketing Report. This new report was created in partnership with top B2B brand marketers and influencers from LinkedIn, SAP, Dell Technologies, AT&T Business, IBM, MarketingProfs and others.
The survey research findings from TopRank Marketing are complemented with case studies, insights from top B2B marketers, and predictions on the future of influence in the B2B marketing mix.
The 2022 B2B Influencer Marketing Report is an essential guide for B2B brands to develop an influencer marketing strategy, best practices, and approach to engaging with software and agency resources.
The research shows that while interest in B2B influencer marketing is continuing to gain momentum, many brands find themselves still lacking a plan:
- 48% of B2B marketers say their top challenge with B2B marketing is a lack of a documented strategy
- 53% of B2B marketers either do not have a strategy or it's not documented
Although many lack a documented strategy, their belief in the effectiveness of influencer marketing is strong:
- 85% of respondents believe there will be increased interest in working with influencers in the coming 12 months
- More than half think their budget for influencer marketing will increase during that same time frame
Brands are seeing the impact of B2B influencer marketing:
- 95% of those using influencer marketing report that it has helped them achieve at least one of their marketing goals
- The most common goals marketers have achieved include improved brand reputation (72%) and increased brand awareness (70%)
- One-third report influencer marketing has led to increased sales/revenue
"But what's next? What do digital-first B2B influencers look like? What are the best practices and technologies? How important is it for B2B brands to build influence with their employees?" writes Lee Odden, co-founder and CEO of TopRank Marketing, in the report's introduction, "This report answers all of those questions and more."
The 2022 B2B Influencer Marketing Report is available for free here: https://www.toprankmarketing.com/get-the-2022-b2b-influencer-marketing-report/?utm_source=Media&utm_medium=email&utm_campaign=2022+B2B+IM+Report&utm_id=2022+B2BIMR&utm_content=218854763
ABOUT TOPRANK® MARKETING:
TopRank® Marketing is a trusted digital marketing agency that dares to elevate the world of B2B marketing. We're passionate about doing this in three ways; giving voice to talent, humanizing B2B, and creating new and improved marketing experiences. Our talented team helps companies innovate, collaborate and accelerate in the ever-changing world of B2B marketing through our core services: influencer marketing, content, and SEO.
MEDIA CONTACT:
Katelyn Drake
Director of Agency Marketing, TopRank® Marketing
kdrake@toprankmarketing.com
248-533-8086
View original content to download multimedia:
SOURCE TopRank Marketing | https://www.kxii.com/prnewswire/2022/07/20/new-report-reveals-86-b2b-marketers-are-successfully-working-with-influencers/ | 2022-07-20T15:36:22Z |
CLEVELAND, June 23, 2022 /PRNewswire/ -- A new Freedonia Group analysis projects growth in demand for yogurt pouches to continue to outpace that of other yogurt packaging formats, boosted by a healthy increase in sales of squeezable yogurt products. Bottles will also log above average growth due to ongoing interest in drinkable yogurts including kefir and other non-dairy yogurt alternatives, particularly among health-conscious adults. In contrast, slow growth in the mature spoonable segment will limit opportunities for cups and tubs.
Demand for yogurt packaging is forecast to grow 1.3% per year to $605 million in 2025, limited by slow growth in overall yogurt consumption and stagnation in the dominant spoonable yogurt market. Factors supporting growth include:
- the ongoing popularity of yogurt as a convenient, healthy snack and as a meal supplement/substitute
- increasing use of value-added yogurt packaging products such as multi-compartment cups, paper cups (which provide sustainability advantages), and pouches with fitments that facilitate on-the-go consumption
- rising use of higher value stand-up pouches in lieu of traditional tubs for larger volumes of yogurt to reduce food waste and lightweight packaging
- growing sales of single-serving yogurt multipacks, which are more packaging-intensive than products sold individually
Yogurt Packaging, now available from the Freedonia Group, provides historical data (2010, 2015, and 2020) and forecasts for 2025 for yogurt packaging demand by value in current dollars (including inflation) by application, product, and material.
Applications:
- spoonable yogurt
- squeezable yogurt
- drinkable yogurt
Products:
- cups
- tubs
- bottles and jars
- pouches (e.g., pillow, stand-up, and side seal) and bags
- boxes and folding cartons
- other yogurt packaging (e.g., lidding, sleeves)
Materials:
- plastic (including bioplastics)
- other materials (e.g., paper and paperboard, glass, foil)
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ contact us for custom research: +1 440.842.2400.
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
View original content to download multimedia:
SOURCE The Freedonia Group | https://www.wibw.com/prnewswire/2022/06/23/pouches-amp-bottles-benefit-growth-squeezable-amp-drinkable-yogurt/ | 2022-06-23T19:26:57Z |
COVID-19 third leading cause of death in 2021, study says
(CNN) - The coronavirus was the leading cause of death for people between the ages of 45 to 54 last year, according to a new study published Monday in JAMA Internal Medicine.
The study also found that for 2020 and 2021, COVID-19 was the third leading cause of death overall in the United States.
Cancer and heart disease were the top two causes of death overall the past two years.
Researchers looked at death certificates from the Centers for Disease Control and Prevention to gather the information.
According to data from the CDC on Tuesday, the omicron offshoot BA.5 is now the dominant subvariant in the U.S.
Several studies have shown that BA.4 and BA.5 are able to evade much of the immune protection from vaccines and prior infections, which is likely what is helping the virus spread so quickly.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/05/covid-19-third-leading-cause-us-deaths-2021-study-says/ | 2022-07-05T18:37:11Z |
NEW YORK, July 14, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Apyx investors who were adversely affected by alleged securities fraud between May 12, 2021 and March 11, 2022. Follow the link below to get more information and be contacted by a member of our team:
APYX 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) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Apyx during the relevant time frame, you have until August 5, 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
View original content to download multimedia:
SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/07/14/apyx-lawsuit-alert-levi-amp-korsinsky-notifies-apyx-medical-corporation-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-14T09:55:00Z |
STAMFORD, Conn., July 18, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock.
The dividend on common shares will be payable August 17, 2022, to shareholders of record as of August 2, 2022.
On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.125 per share ($0.328125 per each depositary share, 1,000 of which represent one share of Series F Preferred Stock), payable September 15, 2022, to shareholders of record on September 1, 2022.
On its Series G Preferred Stock, Webster declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share, 40 of which represent one share of Series G Preferred Stock), payable October 15, 2022, to shareholders of record on October 1, 2022.
About Webster
Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. and its HSA Bank Division. Webster is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and its HSA Bank division, one of the country's largest providers of employee benefits solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with more than $65 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.
Media Contact:
Alice Ferreira, 203-578-2610
acferreira@websterbank.com
Investor Contact:
Emlen Harmon, 212-309-7646
eharmon@websterbank.com
View original content:
SOURCE Webster Financial Corporation | https://www.wibw.com/prnewswire/2022/07/18/webster-financial-corporation-declares-common-preferred-dividends/ | 2022-07-18T22:23:28Z |
Sahlen Packing Co. Adds Signature Tender Casing, Natural Casing & New Grilled For You™ Hot Dogs to New England Grocery Retail Stores
BUFFALO, N.Y., June 29, 2022 /PRNewswire/ --Three varieties of Sahlen's Hot Dogs, in various packaging sizes, can now be found at Big Y retail locations in Connecticut and Massachusetts, including one- and three-pound packs of Sahlen's most sought-after hot dog product—Tender Casing Pork & Beef Smokehouse Hot Dogs.
Other Sahlen products to hit Big Y include Sahlen's Natural Casing Pork & Beef Hot Dogs and nine-ounce packages of Sahlen's new Grilled For You™ Pork & Beef Smokehouse Hot Dogs, which come pre-grilled.
Having previously launched in the Western New York market both in retail and grab-and-go foodservice locations, Sahlen's Grilled For You™ Hot Dogs make it possible for Big Y customers unable to grill due to lack of time, space, or grilling equipment to experience the premium ingredients, Smokehouse seasonings, and signature snap of an Original Sahlen Hot Dog. Big Y's new addition, and Sahlen's latest product release Grilled For You™ Hot Dogs, adds a convenient time-saving option for on-the-go consumers, able to be heated quickly in a variety of methods such as air frying, sautéing, broiling, microwaving, and others.
Founded in 1869, and now in its fifth generation of family ownership, Sahlen Packing Co. has delivered premium hot dogs, sausages, and deli meats to consumers, foodservice operators, and grocery retail chains across the country. Now, Big Y shoppers can find Sahlen's Tender Casing Pork & Beef, Natural Casing Pork & Beef, and Grilled For You™ Hot Dogs throughout Connecticut and Massachusetts, in time for one of the biggest grilling, BBQ, and cookout holidays of the year.
Sahlen's VP of Marketing, Kenneth Voelker, on the new product offering at Big Y, "We couldn't be more excited to offer our retail partner and their loyal customers across New England with the premium hot dogs they deserve. We believe that no matter an individual's familiarity with Sahlen's Hot Dogs, it only takes one taste to create a lifelong loyalist. We look forward to doing just that with the introduction of our original Smokehouse Tender Casing, Natural Casing, and Grilled For You™ Hot Dogs at nearly 100 Big Y locations."
Sahlen's Tender Casing Pork & Beef, Natural Casing Pork & Beef, and Grilled For You™ Hot Dogs are crafted with whole and fresh pieces of meat, contain gluten-free ingredients, use a savory blend of Smokehouse seasonings, and are produced at a state-of-the-art facility in Buffalo, NY.
With the addition of these three products to Big Y before Independence Day, more expats and current Sahlen Packing Co. loyalists can have regular access to their favorite hot dog products, while new customers can experience an elevated hot dog experience—whether they look to grill the signature Smokehouse Hot Dogs over a charcoal grill or need a meal on-the-go made possible by Grilled For You™ Hot Dogs.
Big Y customers can find and purchase these new Sahlen products at a location near them, as they prepare for their summer cookouts and Fourth of July gatherings around the grill. For further information on Big Y, or to find a nearby grocery location, visit bigy.com.
For more information on the products and history of Sahlen Packing Co., please visit sahlen.com.
Sahlen Packing Co. | 318 Howard St., Buffalo, NY 14206 | sahlen.com
Sahlen Packing Co.
318 Howard Street
Buffalo, NY 14206
716-852-8677
View original content to download multimedia:
SOURCE Sahlen Packing Co. | https://www.kxii.com/prnewswire/2022/06/29/new-sahlens-hot-dogs-now-available-big-y/ | 2022-06-29T16:55:33Z |
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose to their highest level in two months this week, providing no relief for a slumping housing market.
Mortgage buyer Freddie Mac reported Thursday that the 30-year rate rose to 5.66% from 5.55% last week. One year ago, the rate stood at 2.87%.
The average rate on 15-year, fixed-rate mortgages, popular among those looking to refinance their homes, jumped to 4.98% from 4.85% last week. Last year at this time the rate was 2.18%.
A once red-hot housing sector has cooled considerably, with many potential home buyers getting pushed out of the market as higher interest rates have added hundreds of dollars to monthly mortgage payments. As a result, sales of existing homes in the U.S. have fallen for six straight months, according to the National Association of Realtors.
“The increase in mortgage rates is coming at a particularly vulnerable time for the housing market as sellers are recalibrating their pricing due to lower purchase demand, likely resulting in continued price growth deceleration,” said Sam Khater, Freddie Mac’s chief economist.
Mortgage rates don’t necessarily mirror the Fed’s rate increases, but tend to track the yield on the 10-year Treasury note. That’s influenced by a variety of factors, including investors’ expectations for future inflation and global demand for U.S. Treasurys.
Recently, faster inflation and strong U.S. economic growth have sent the 10-year Treasury rate up sharply, to 3.24%.
The Fed has raised its benchmark short-term interest rate four times this year, and Chairman Jerome Powell said last week that the central bank will likely need to keep interest rates high enough to slow the economy “for some time” in order to tame the worst inflation in 40 years.
The government reported that U.S. economy shrank at a 0.6% annual rate from April through June, a second straight quarter of economic contraction, which meets one informal sign of a recession. Most economists, though, have said they doubt that the economy is in or on the verge of a recession, given that the U.S. job market remains robust. | https://cw33.com/business/ap-business/ap-mortgage-rates-rise-to-5-66-weighing-on-housing-market/ | 2022-09-01T19:11:24Z |
At least 23 hurt when car drives into crowd outside Argentina theater
Published: Jul. 11, 2022 at 8:37 AM CDT|Updated: 10 minutes ago
GODOY CRUZ, Argentina (CNN) - A car drove into a crowd outside a theater in western Argentina Sunday evening, according to local authorities.
Police say the car was conditioned for disabled drivers.
At least 23 people were injured in the incident. Three of them were hospitalized.
Authorities said people were leaving a play at the time of the incident.
GRAPHIC WARNING: The video below contains images that some may find disturbing.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/11/least-23-hurt-when-car-drives-into-crowd-outside-argentina-theater/ | 2022-07-11T13:48:53Z |
TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01
VANCOUVER, BC, July 13, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.
Desert Mountain Energy is pleased to announce the spudding of the Gunnar Dome Wildcat Well. The intended depth of this well is 4,500'+- and is designed to test all zones to the top Granite Formation. DME will be utilizing the same successful drilling procedures, including multiple casing strings designed to protect all zones and the environment. Our geologic modelling suggests that the gas composition should contain high concentrations of nitrogen.
Due to market conditions, the Company has decided to cancel the previously announced private placement for $7.5 million dated 2022-06-28.
ABOUT DESERT MOUNTAIN ENERGY
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
View original content:
SOURCE Desert Mountain Energy Corp. | https://www.kxii.com/prnewswire/2022/07/13/desert-mountain-energy-corp-spuds-gunnar-dome-wildcat-well-cancels-private-placement/ | 2022-07-13T16:04:42Z |
Online Doctorate Program the First of its Kind to be Offered at Herzing
MILWAUKEE, June 13, 2022 /PRNewswire/ -- Herzing University announced today the launch of its new online Doctor of Nursing Practice (DNP) scheduled to begin enrollment on September 7, 2022. This two-year program is geared toward advanced practice nurses and those who have earned a master's degree in nursing.
Herzing's DNP program focuses on multidisciplinary knowledge, leadership, and innovation, as well as the tools needed to significantly impact nursing, healthcare systems, and public health change.
"This program is the first of its kind to be offered at our university and is an example of the full breadth and depth of Herzing's effort to provide a pathway to all students interested in a career in nursing — from certifications and diplomas to associate and bachelor's degree options all the way to our existing master's programs and this new doctorate degree," said Dr. Tricia Wagner, Associate Dean of Online and Graduate Nursing. "Our hope is that this program will provide students with the necessary skills to advance in their careers but also that it will address the current healthcare talent shortage by creating an even more comprehensive and skilled talent pool for employers to select from."
Developed in compliance with the American Association of Colleges of Nursing (AACN) New Essentials, the program provides a personalized experience led by Herzing's first-rate faculty. While classes will be held online, students will still take part in beneficial in-person clinical experiences and graduate with all expected competencies.
Upon completion of their program, students should be able to:
- Demonstrate competency-based judgement and holistic caring skills
- Generate, synthesize, translate, apply, and disseminate scientific evidence for advanced nursing practice
- Apply ethical principles to shape the future of healthcare delivery with a focus on diversity, equity, and inclusion; systems‐based practice; team-based care collaboration, informatics, and technology; and career‐long learning
Earning a DNP can result in access to a greater range of high-paying healthcare roles, including opportunities unavailable to professionals with just a Master of Science in Nursing (MSN) or related degree. Some of the most common job opportunities for those who've completed a DNP are advanced practice registered nurse, nurse educator, and nurse leader.
Herzing University has more than 50 online programs in technology, business, healthcare, and public safety, as well as 10 campus locations across the country. For more information on Herzing University's new DNP program, visit www.herzing.edu/nursing/dnp/post-masters-dnp.
Herzing University is an accredited, private nonprofit institution with 10 campuses across seven states, a continuing education division and an online division. Founded in Milwaukee in 1965, more than 40,000 students have graduated from the University's career-focused and flexible master's, bachelor's, and associate degree, diploma and continuing education programs. Fields of study span nursing, healthcare, technology, business and public safety. From 2013 through 2022, U.S. News & World Report has continually recognized Herzing University as having some of the best online programs nationally. In June 2022, Herzing introduced a new Doctor of Nursing Practice (DNP) program designed to allow students access to another career-focused pathway driven by current and future industry demand. Herzing University is accredited by the Higher Learning Commission. More information about Herzing University is available at www.herzing.edu.
Media Contact:
Brett Gerrish
CBD Marketing
bgerrish@cbdmarketing.com
517.899.7795
View original content to download multimedia:
SOURCE Herzing University | https://www.kxii.com/prnewswire/2022/06/13/herzing-university-launches-new-doctor-nursing-practice-program-summer-2022/ | 2022-06-13T16:59:26Z |
NASA collaboration results in ultralight automotive brakes expected to change the standard for price, performance, safety, and sustainability
SANTA ROSA, Calif., July 5, 2022 /PRNewswire/ -- Developed in partnership with NASA, and highly anticipated within the automotive industry, Orbis Brakes has announced the launch of its Periodic Wave™ disc brake line, expected to shake up the category.
Although considered the most important part of any car or truck, brakes have not seen a significant disruption since the introduction of carbon-ceramic brakes 20 years ago. Orbis had been pioneering a design innovation that would cool brakes more efficiently when a NASA engineer offered his agency's heat-dissipation expertise. The partnership resulted in the patented Periodic Wave™ disc brake, which uses advanced aerodynamics to provide superior surface cooling, reduce dangerous brake fade, and extend vehicle range and fuel efficiency.
"This is a collaboration of some of the smartest people on the planet," says Orbis co-CEO and co-Founder Marcus Hays. "We decided from the beginning that it wasn't innovation unless it produced real-world results, and that's exactly what we've done."
Lighter, cooler, and vastly more efficient, Orbis Brakes are slated to deliver the kind of market disruption carbon-ceramic brakes couldn't: racetrack performance at consumer prices. Its first product, the NextWave, is an innovative superlight disc brake rotor and pad expected to retail at a fraction of comparable performance brakes. The EcoWave is an environmentally-driven high-performance replacement brake rotor and pad priced to compete with entry-level brakes. The company will also be introducing LightWave, the lighter, cooler, high-performance replacement rotor, monoblock caliper, and vented pad, and CarbonWave, the world's first integral wheel and brake, delivering the lowest unsprung weight in the industry.
While performance, safety, and price are key values in any braking equation, Orbis Brakes have added another revolutionary advantage: lower environmental impact. The Orbis brake weighs 50% less on average than conventional cast iron brakes, reducing the energy needed to manufacture them by half and lowering carbon consumption across the supply chain. A global upgrade to Periodic Wave brakes could remove billions of pounds of Co2 from the atmosphere.
Made from 100% recyclable iron, the unique design also dramatically reduces brown emissions, the particulate matter from brakes, tires, and road surfaces that is considered exponentially more toxic than tailpipe emissions and is expected to become a major environmental issue in coming years. Next month, Europe will be including brake pad pollution for the first time in issuing its Euro 7 regulatory mandates.
Industry analysts expect high-performance and commercial vehicle owners to be a prime audience for the Orbis upgrade, as well as the fast-growing number of electric car owners looking for aftermarket products that share their high-efficiency, low-emission values.
Orbis Brakes plans launch the NextWave Q3 2022, and EcoWave Q1 2023, and is currently taking pre-orders at orbisbrakes.com
MotorTrend
https://www.motortrend.com/news/nasa-orbis-high-performance-brakes-tesla-model-s-plaid
"There's about to be a new name in lightweight, high-performance brakes: Orbis."
"The result is the new Periodic Wave Disc Brake Rotor, said to rival the best performance aftermarket brakes available today."
"Ideal for the Tesla Plaid crowd"
"Configured to replace conventional rotors and calipers inside any manufacturer's wheel."
Media Contact:
Chance Claxton
chance@orbisbrakes.com
Marcus Hays
415.225.1094
View original content to download multimedia:
SOURCE Orbis Brakes Inc. | https://www.mysuncoast.com/prnewswire/2022/07/05/orbis-brakes-debuts-revolutionary-brake-technology-surprising-environmental-benefits/ | 2022-07-05T16:30:23Z |
Data show loss of patent and loss of exclusivity are lowering the costs of some drugs in the US, the US continues to lead in inpatient costs across every measured intervention, however outpatient costs in the US are not always higher than other countries.
LONDON, July 20, 2022 /PRNewswire/ -- The International Federation of Health Plans (iFHP), an executive network of the global health insurance industry based in London, in partnership with the Health Care Cost Institute (HCCI) in the United States, and iFHP member companies in multiple countries, today published the latest International Health Cost Comparison Report.
The expanded report compares the cost of a selection of inpatient treatments, outpatient treatments and prescribed drugs as reported by iFHP members in eleven countries in 2019.
Data in the report demonstrate that where you live continues to have an enormous influence on the cost of your healthcare. Several types of care may be up to ten times more expensive in some countries over others that are otherwise geographically, politically, and economically similar.
"While healthcare in the United States is commonly thought to be among the most expensive in the world, this latest report suggests this may no longer be true for all health costs," said Chris Watney, CEO of iFHP. "Although international comparisons need to be made carefully, it's our hope that strategies employed to challenge the status quo on drug pricing and some outpatient procedures are starting to bring some median US costs in line with, or better than international benchmarks."
Drug Cost Comparison
iFHP and HCCI compared the price of fifteen drugs in 2019 across nine countries worldwide. The drugs were chosen for the relative cumulative cost they represent as a proportion of the overall drug expenditure of private health insurers. Prices represent the median cost per drug.
Key Findings:
While US drug prices remained higher than other countries for many of the drugs studied, a look at generic drugs provides a clearer picture of the price shifts that occur when a drug loses its patent or exclusivity protection in a market.
- Drug costs in most countries were less than half the US costs for nearly all of the non-generic administered, and prescription drugs included in this study.
- The prices paid for Sertraline (generic Zoloft), an antidepressant, were lower in the US than in any other country surveyed.
- Similarly, the price of Escitalopram (generic Lexapro), also an antidepressant, was lower in the US than any country surveyed except Kazakhstan.
Inpatient Procedures Costs Comparison
The study compares the median claims cost of nine inpatient treatments in 2019 across eleven countries worldwide. As in previous studies, the median costs borne by private insurers for health care services in the United States were almost always higher than those reported in the other countries included in the study.
There is significant variability in the costs across countries which can be attributed to several variables. For instance, some of the variability can be explained by international differences in the number of days a patient will stay in the hospital.
Key Findings:
The survey's latest findings are broadly consistent with those of previous studies, with the United States consistently presenting the highest costs for inpatient treatments, and usually significantly so.
- Prices in Kazakhstan were the lowest among all countries for most of the services included in the study.
- Outside of the US, prices in Switzerland and New Zealand were often among the highest prices in the study.
- Coronary bypass surgery and gallbladder removal (cholecystectomy) were less than half the price of the US in all the other countries included in the study.
- Spain had among the lowest prices for hip and knee replacements with costs less than 25% of the US price. The median cost of a knee replacement in Switzerland was the closest to the US at nearly 70% of the price.
Outpatient Procedure Costs Comparison
iFHP and HCCI compared the median cost of ten outpatient treatments in 2019 across eleven countries worldwide. The treatments were chosen for the relative cumulative cost they represent as a proportion of the overall treatment costs expensed by private health insurance companies. Outpatient procedures may be performed in a hospital/facility setting or in an office/non-facility setting.
The objective of this study is to highlight price disparities internationally. Due to the differences in billing practices, it is not always possible to provide an exact match between what is measured in each claim per country, and those differences are noted in the survey.
Key Findings:
The picture has changed since the report of 2017 data, when costs in the United States outstripped other countries' costs in all but one category (cataract). In 2019, the US data trended more towards the centre of the countries studied, and the US price was not the highest for any procedure.
- Outside of the US, prices in New Zealand were often among the highest prices for many of the procedures included in the study.
- Kazakhstan, Chile and Germany reported the lowest prices for several of the procedures surveyed.
Comparisons across different countries are complicated by differences in market dynamics and fee schedules, and prices may not be representative of prices paid by other plans in that market. The study attempts to minimize these limitations by focusing on services with very specific definitions enabling respondents to match the procedures that are the basis of the US payment system. The drugs costs are taken from claims data and as such they are influenced by both list price and confidential contractual agreements or rebates. All drug prices were adjusted to reflect the most commonly prescribed standard dosage and units.
Representing 70+ private and statutory health insurers in over 24 countries and 6 continents, covering a total of more than 250 million lives, the International Federation of Health Plans (iFHP) supports equitable access to healthcare for all populations across the world and the sustainability of the private and statutory health insurance industry.
The Health Care Cost Institute (HCCI) is an independent, non-profit organization with leading health claims datasets that enable research, policy, and journalism. HCCI stands for truth and consensus around the most important trends in health care, particularly those economic and policy issues that are critical to a sustainable, equitable, and accessible high-quality health care system.
The 2022 International Health Cost Comparison Report compares the cost of a selection of inpatient treatments, outpatient treatments and prescribed drugs as reported by iFHP members in ten countries in 2019. (Note: 2019 represents the most complete and recent dataset not affected by the COVID-19 pandemic.) The drugs and treatments featured in the study were selected due to the high cumulative cost they typically represent in total claims for health plans around the world. The objective of this study is to highlight cost disparities as a basis for further research into the contributing factors to those disparities.
The full 2022 report is available at https://healthcostinstitute.org/images/pdfs/international_health_cost_comparison_report_2022.pdf
The prior report, published in 2019, is available at: https://healthcostinstitute.org/hcci-research/international-comparisons-of-health-care-prices-2017-ifhp-survey?highlight=WyJpZmhwIl0=
View original content to download multimedia:
SOURCE The International Federation of Health Plans | https://www.mysuncoast.com/prnewswire/2022/07/20/ifhp-hcci-release-2022-international-health-cost-comparison-report/ | 2022-07-20T15:21:44Z |
SnapDragon joins Bills Mafia as the first official apple sponsor of the Buffalo Bills
LOCKPORT, N.Y., Aug. 30, 2022 /PRNewswire/ -- Crunch Time Apple Growers is excited to announce that SnapDragon™ is now the official apple of the Buffalo Bills, a match made in the Empire State. Born at Cornell University and grown across the state by over 150 family farmers, SnapDragon is as New York as the Buffalo Bills, so it's only natural for the two to join forces.
"The Buffalo Bills organization is top-notch, from the players and coaches to the people working behind the scenes, and Crunch Time is thrilled to join the team as the first-ever official apple of the Bills," said Jessica Wells, executive director, Crunch Time Apple Growers. "With both the Bills and SnapDragon having Western New York roots, it seemed like a perfect match. SnapDragon apples are the perfect snack to fuel game day – on the field, in the stands, or on the couch!"
SnapDragon apples boast a legendary spicy-sweet flavor with a hint of vanilla; think Sweet with a Snap. The apples are perfect for snacking, so as the Bills make their way toward a winning season this year, fans can make their way to grocery stores throughout New York State, including Wegmans, Aldi and Tops, to grab a SnapDragon apple for a healthy half-time treat. For fans outside of New York, they are also available at Publix, ShopRite, HEB, The Fresh Market, Harris Teeter, and many other retailers.
"We are thrilled to welcome SnapDragon to the Buffalo Bills partnership family," said Dan Misko, senior vice president of business development at Pegula Sports and Entertainment. "As the first-ever apple partner, we are excited to see SnapDragon apples throughout Highmark Stadium on game day and at different events centered around youth, health and wellness."
Fans will be able to learn about and taste SnapDragon apples on the Billevard during the October 30 game (against Green Bay) and during the December 11 game (against the NY Jets). SnapDragon apples will also be featured in select menu items throughout the stadium.
To learn more about this exciting partnership and about SnapDragon apples, please visit https://snapdragonapple.com/score-big.
About SnapDragon & Crunch Time Apple Growers
When you bite into a Crunch Time apple, you're not just tasting an incredible apple, but the incredible love and labor of over 150 family farmers across New York State. Every Crunch Time apple is non-GMO — super crunchy, delightfully juicy, beautifully colored and carefully grown. When you purchase a Crunch Time apple, you're biting into history while also helping to sustain the future of family farming for generations to come. For more information please visit CrunchTimeAppleGrowers.com, SnapDragonApple.com or RubyFrostApple.com.
About the Buffalo Bills
Founded in 1959, the Buffalo Bills are one of the most storied franchises in the National Football League (NFL). The Bills have won two American Football League (AFL) Championships (1964 - 1965) and won an NFL record four straight AFC Championships (1990 - 1993) that included four trips to the Super Bowl. Owned by Terry and Kim Pegula, the Bills are proud to be a member of the Western New York community for more than 60 years. For more information regarding the Bills, visit buffalobills.com.
View original content to download multimedia:
SOURCE Crunch Time Apple Growers | https://www.kxii.com/prnewswire/2022/08/30/snapdragon-apples-kick-off-new-multi-year-partnership-with-buffalo-bills/ | 2022-08-30T13:26:21Z |
NEW YORK, April 11, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Celsius Holdings, Inc. (NASDAQ: CELH) between August 12, 2021 and March 1, 2022, inclusive (the "Class Period"), of the important May 16, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Celsius securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=4162 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 16, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Celsius had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, Celsius's financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius's internal controls over financial reporting; and (4) as a result of the foregoing, defendants' positive statements about Celsius's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=4162 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/04/11/rosen-trusted-investor-counsel-encourages-celsius-holdings-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-celh/ | 2022-04-11T22:22:27Z |
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today pending changes to its Realty Majors Portfolio Index (RMP), Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective as of the close of business on August 19, 2022.
These free-float adjusted, modified market capitalization-weighted total return indexes of selected real estate equity securities are quoted intraday on a real-time basis by the Chicago Mercantile Exchange. The Indexes' modified capitalization-weighted approach and qualitative screening process emphasize companies that Cohen & Steers believes are leading the securitization of real estate globally.
The Indexes can be used as indexing benchmarks, stock selection universes, underlying indexes for derivative instruments or performance benchmarks. All index weightings are independently calculated by Standard & Poor's.
Website: https://www.cohenandsteers.com/
Symbol: (NYSE: CNS)
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.
View original content:
SOURCE Cohen & Steers, Inc. | https://www.kxii.com/prnewswire/2022/08/12/cohen-amp-steers-announces-changes-realty-indexes/ | 2022-08-12T21:42:44Z |
DUBLIN, Aug. 17, 2022 /PRNewswire/ -- In response to speculative commentary regarding ranitidine (Zantac®) litigation from a news story that contained certain misleading and inaccurate information, Perrigo Company plc (NYSE: PRGO), a leading provider of Consumer Self-Care Products, today issued the following statement:
On August 4, 2022, Perrigo was dismissed from the Madison County, IL, case of Bayer v. Boehringer Ingelheim, et al, with prejudice, meaning the plaintiff's claims against Perrigo in that litigation cannot be refiled. The August 16, 2022 notice of dismissal of claims, and impending trial, against the branded companies did not involve Perrigo. Contrary to the news story, plaintiff's filings contradict the false report that the plaintiff only purchased private label product. In fact, plaintiff's complaint claimed purchases of both brand name Zantac® and private label ranitidine.
Importantly, there have been no material developments regarding ranitidine-related litigation to what has been previously disclosed. The industry maintains strong defenses to such claims based on the body of scientific evidence, which indicates there is no causal relationship between ranitidine and cancer. Further, as a private label manufacturer, Perrigo has additional defenses under federal preemption. These defenses have been successfully used to obtain dismissals in the majority of ranitidine cases involving Perrigo. To date, Perrigo has successfully won multiple Motions to Dismiss in the federal multi-district litigation and state court actions in California and Maryland.
Perrigo will continue to vigorously defend itself against all meritless claims.
About Perrigo
Perrigo Company plc (NYSE; PRGO) is a leading provider of Consumer Self-Care Products and over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed. Visit Perrigo online at www.perrigo.com.
Forward-Looking Statements
Certain statements in this press release are "forward-looking statements." These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "would," "should," "expect," "forecast," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential" or the negative of those terms or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control, including: the effect of the coronavirus (COVID-19) pandemic and its variants and associated supply chain impacts on the Company's business; general economic, credit, and market conditions; the impact of the war in Ukraine and any escalation thereof, including the effects of economic and political sanctions imposed by the United States, United Kingdom, European Union, and other countries related thereto; the outbreak or escalation of conflict in other regions where we do business; future impairment charges; customer acceptance of new products; competition from other industry participants, some of whom have greater marketing resources or larger market shares in certain product categories than the Company does; pricing pressures from customers and consumers; resolution of uncertain tax positions, including the Company's appeal of the draft and final Notices of Proposed Assessment ("NOPAs") issued by the U.S. Internal Revenue Service and the impact that an adverse result in any such proceedings would have on operating results, cash flows, and liquidity; pending and potential third-party claims and litigation, including litigation relating to the Company's restatement of previously-filed financial information and litigation relating to uncertain tax positions, including the NOPAs; potential impacts of ongoing or future government investigations and regulatory initiatives; uncertainty regarding the timing of, and the Company's ability to obtain and maintain, certain regulatory approvals, including the sale of daily over-the-counter oral contraceptives; potential costs and reputational impact of product recalls or sales halts; the impact of tax reform legislation and/or changes in healthcare policy; the timing, amount and cost of any share repurchases; fluctuations in currency exchange rates and interest rates; the Company's ability to achieve the benefits expected from the sale of its Rx business and the risk that potential costs or liabilities incurred or retained in connection with the transaction may exceed the Company's estimates or adversely affect the Company's business or operations; the Company's ability to achieve the benefits expected from the acquisition of HRA Pharma and the risks that the Company's synergy estimates are inaccurate or that the Company faces higher than anticipated integration or other costs in connection with the acquisition; risks associated with the integration of HRA Pharma, including the risk that growth rates are adversely affected by any delay in the integration of sales and distribution networks; the consummation and success of other announced and unannounced acquisitions or dispositions, and the Company's ability to realize the desired benefits thereof; and the Company's ability to execute and achieve the desired benefits of announced cost-reduction efforts and strategic and other initiatives, including the Company's ability to achieve the expected benefits from its supply chain reinvention program. An adverse result with respect to the Company's appeal of any material outstanding tax assessments or pending litigation, including securities or drug pricing matters, could ultimately require the use of corporate assets to pay such assessments, damages from third-party claims, and related interest and/or penalties, and any such use of corporate assets would limit the assets available for other corporate purposes. There can be no assurance that the FDA will approve the sale of daily oral contraceptives without a prescription in the United States. These and other important factors, including those discussed under "Risk Factors" in the Company's Form 10-K for the year ended December 31, 2021, and Form 10-Q for the quarter ended July 2, 2022, as well as the Company's subsequent filings with the United States Securities and Exchange Commission, may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements in this press release are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
View original content to download multimedia:
SOURCE Perrigo Company plc | https://www.mysuncoast.com/prnewswire/2022/08/17/perrigo-releases-statement-recent-market-trading-activity/ | 2022-08-17T21:20:59Z |
WASHINGTON, June 24, 2022 /PRNewswire/ -- Learning Without Tears, a leading early childhood education company, is announcing new literacy initiatives at International Society for Technology in Education's ISTELive 22 conference and expo. Widely seen as the leading EdTech event for the Education industry, ISTELive 22 is taking place June 26-29 both virtually and in-person. After being shut down for years due to the pandemic, ISTELive 22 is generating a great deal of buzz and excitement in the education world.
"Our presence at ISTELive 22 is expanding as is our portfolio of powerful solutions," explained CEO Terry Nealon. "Learning Without Tears saw significant growth and interest during the pandemic, and our teams have responded to the growing and changing needs of the market with exciting new products and professional learning that are research based, outcomes driven and using all formats, technology, print, manipulatives and services to ensure teachers are best equipped to meet the needs of their students. We will be announcing and presenting new products, new partnerships, greatly enhanced product features, integrated print and digital curricula, and efficacy research that demonstrates the quantifiable effectiveness our products have on successful learning. There is no better place for us to make these exciting announcements than ISTELive 22."
Learning Without Tears will be launching and demonstrating for the first time Phonics, Reading, and MeÔ - a K-3 supplemental phonics program designed to help children learn the skills they need to become proficient readers. This breakthrough literacy program provides an integrated print/digital instruction model and combines the powerful use of technology, assessment and embedded professional learning for teachers. With a partnership with Dublin-based SoapBox Labs - which will also be announced at ISTE - Phonics, Reading, and Me will leverage speech recognition technology to provide first-of-its-kind digital assessments, making it easier for teachers to provide personalized learning paths and instruction for each student. It will be a first introduction for many to the new A-Z Mat Man and MeÒ program, the new assessment for Pre-K in Get Set for SchoolÒ and the new digital assessment teaching for Keyboarding Without TearsÒ. All these programs are supported by new Professional Learning and Development.
"This is a pivotal time in education," Nealon continued. "Students have fallen behind, foundational learning skills like reading have suffered, and teachers are exhausted. For 40 years, Learning Without Tears has leveraged its expertise in early childhood education to meet the needs of teachers and students, and we are continuing to do so today - putting equity and access at the center of our products, so all young students have the opportunity for successful learning and a bright future."
There will be a reception on Monday, June 27 6:30-8:30pm at the Kimpton Hotel Fontenot, where Learning Without Tears' leaders will share exciting information about upcoming news.
Company education experts will be presenting Modern Test Prep for a New Age of Online Assessments– a new approach to prepare students for online assessments on Wednesday, June 29, 9:30-11:00am in the La Nouvelle Ballroom, Table 19.
Learning Without Tears will be exhibiting in booth 2848 in the Ernest N. Morial Convention Center in New Orleans.
Learning Without Tears is a leading early education company offering a proven and unique approach to teaching and learning, from crucial readiness skills in Pre-K to foundational writing and typing skills, including handwriting, keyboarding and cursive. The elementary school-level programs benefit all learners with multisensory, developmentally appropriate, proven practices, and are used by millions of students around the world. Learning Without Tears professional development programs deliver early education expertise to thousands of teachers, tutors, and occupational therapists in the US and across the globe.
View original content:
SOURCE Learning Without Tears | https://www.mysuncoast.com/prnewswire/2022/06/24/early-childhood-education-leader-learning-without-tears-making-multiple-product-announcements-istelive-22/ | 2022-06-24T22:22:35Z |
NEW YORK, Aug. 5, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EVFM, PLUG, FUBO, STAF, and ACMR.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- EVFM: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=EVFM&prnumber=080520221
- PLUG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PLUG&prnumber=080520221STAF
- FUBO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FUBO&prnumber=080520221
- STAF: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=STAF&prnumber=080520221
- ACMR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ACMR&prnumber=080520221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
View original content to download multimedia:
SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/08/05/thinking-about-buying-stock-evofem-biosciences-plug-power-fubotv-staffing-360-solutions-or-acm-research/ | 2022-08-05T13:50:03Z |
RALEIGH, N.C., June 7, 2022 /PRNewswire/ -- Blair Duron, a leading specialty flooring installation company enabling clients to achieve cGMP flooring compliance, attains ISO 9001:2015 certification. ISO 9001:2015 is a globally recognized quality management standard developed and published by the International Organization for Standardization (ISO).
"I am extremely proud of the entire Blair Duron team," said David Fedor, Blair Duron's President and CEO. "Achieving ISO 9001:2015 certification is more than writing documents and putting procedures in place. It represents a commitment to our clients that our entire enterprise is dedicated to being the best commercial, industrial, and institutional flooring company in the business."
Blair Duron's ISO 9001:2015 certificate was issued by Perry Johnson Registrars, an internationally accredited management systems certification body. The scope of certification includes Commercial, Industrial, and Institutional specialty flooring services: cement (repair, refinish and polish), epoxy, and terrazzo.
"One of the factors that made certification possible is that unlike nearly every other firm in our industry, we don't subcontract labor. Firms that subcontract labor usually lack fundamental disciplines like safety, quality, and schedule management, which significantly increases project risk. That is why risk averse clients repeatedly choose Blair Duron as their preferred installation provider," said R.J. Smith, Blair Duron's Chief Financial Officer.
To obtain more information about Blair Duron's installation services, e-mail info@blairduron.com or call (919) 745-8215.
Blair Duron's mission is to elevate our clients' floors to the highest level by providing superior workmanship and materials, while also ensuring on-time delivery, unrivaled safety, endurance, and value. We serve commercial, industrial, and institutional clients that operate pharmaceutical plants, laboratories, food and beverage production facilities, hospitals and healthcare centers, distribution centers, stadiums and arenas, educational facilities, and other manufacturing and process plants across the Mid-Atlantic and Southeastern United States. Learn more about Blair Duron at www.blairduron.com.
Media Contact:
Mark Roberts
mark.roberts@blairduron.com
(919) 745-8215
View original content:
SOURCE Blair Duron | https://www.mysuncoast.com/prnewswire/2022/06/07/blair-duron-raises-floors-higher-quality-standard/ | 2022-06-07T13:10:33Z |
Veterinary Innovative Partners has implemented the GlobalVetLink Compliance Assistant platform in their veterinary hospitals to streamline pet travel appointments
AMES, Iowa, Sept. 15, 2022 /PRNewswire/ -- Veterinary Innovative Partners has partnered with GlobalVetLink to implement the GlobalVetLink Compliance Assistant in their veterinary hospitals. The GVL Compliance Assistant is a comprehensive SaaS platform designed to streamline animal health compliance for all veterinary practices. Adding the GlobalVetLink platform to a veterinary hospital's suite of tools allows for seamless compliance and increased efficiency for veterinarians and hospital staff.
"We have seen a drastic shift of more pet parents traveling with their pets. The search for regulations and keeping up with the often-changing requirements had our doctors spending hours creating a valid Hawaii or International Health Certificate," said Brett Shorenstein, VMD, founder of Veterinary Innovative Partners. "When we brought GVL to our practices, the team has decreased time spent creating these documents and they are confident they are accurate when using the GlobalVetLink platform."
The GlobalVetLink Compliance Assistant platform is used by over 10,000 veterinary practices for creation and electronic submission of compliant health records for companion, production, and equine focused practices. The GVL Pet TravelPass automates regulatory research with built-in intelligent rule checking to streamline International and Hawaii pet travel. This replaces time consuming manual research processes and eliminates mistakes that prevent many veterinary practices from offering pet travel documentation services.
"As our team began to learn about the VIP team's current process, we were able to uncover how the GVL platform can help them," said Daniel Levine, Chief Revenue Officer at GlobalVetLink. "Seeing how our platform can save their teams hours per week, we are excited to be able to give the VIP team time back in their day to focus on their patients. As demand picks up for travel we are confident that the GlobalVetLink platform will continue to provide a compliant and efficient way to produce these documents for the VIP team and other practices throughout the country."
GlobalVetLink is the leading digital animal health company. Over 180 million animals per year in the pet travel, equine, and production animal sectors utilize GlobalVetLink's health records for state, federal, and international animal health compliance. Learn more at globalvetlink.com.
GlobalVetLink empowers and supports people to provide the best in animal care and safety. The GVL Compliance Assistant is a comprehensive SaaS platform designed to streamline animal health compliance for all veterinary practices. The Certificate Creator is the core of the platform and is managed by an intelligent Compliance Engine that verifies all certificates are compliant with state, federal and international rules and regulations. The GVL Health Record stores data for easy repeat certificate creation and ensures streamlined access to completed certificates. The Compliance Assistant platform automatically submits key animal health certificates to all 50 state animal health offices, and streamlines the submission to USDA-APHIS for international pet travel. Learn more at globalvetlink.com.
Media Inquires: Rebecca Haugland, 515-817-5075, rhaugland@globalvetlink.com
View original content to download multimedia:
SOURCE GlobalVetLINK | https://www.kxii.com/prnewswire/2022/09/15/globalvetlink-veterinary-innovative-partners-announces-partnership-streamline-clinic-processes/ | 2022-09-15T17:59:11Z |
ATLANTA — Illegal drugs laced with fentanyl have caused a surge of overdoses recently in Georgia, state health officials say.
Over the last two months, at least 66 emergency room visits in the state involved the use of cocaine, methamphetamines, counterfeit pills or other drugs likely containing fentanyl, a dangerous synthetic opioid that can be up to 100 times more powerful than morphine.
The overdoses have also involved fentanyl contained in crack, heroin, painkillers and marijuana, said the Georgia Department of Public Health.
Fentanyl (rhymes with sentinel) is mostly being smuggled into this country from China and Mexico.
One area seeing a fentanyl-related overdose uptick is Savannah. Dr. Jay Goldstein, medical director of the emergency department at Memorial Health, said Friday that many habitual drug users who have overdosed reported being surprised at the effect of the substance they took.
“They’re getting a bigger [narcotic] effect than they expected,” Goldstein told GHN. That includes teenagers who are experimenting with drugs, he said.
“I don’t think they believe they’re getting fentanyl,’’ he added.
Naloxone, a drug to reverse the effects of overdoses, has become more available to authorities and the general public in recent years. The drug works very well in saving overdose victims, Goldstein said.
“It’s an amazing reversal,’’ he noted.
Just this week, law enforcement officials reported seizing 65 kilos of meth, 1 kilo of heroin, and a quarter-kilo of fentanyl in Gwinnett County. The seizure involved the Gwinnett Sheriff’s Office, ATF Atlanta, Homeland Security Investigations and the Georgia Bureau of Investigation.
The GBI Gang Task Force said the fentanyl seized represented 125,000 lethal doses, the AJC reported.
A spokeswoman for the GBI, Nelly Miles, said the agency is seeing “a significant increase’’ in fentanyl, as well as a rise in overdose clusters, opioid-related deaths, and seizures of fentanyl.
“In the crime lab alone, the lab has seen an 80% increase of fentanyl results in the last year,’’ Miles said. “We’ve also seen a disturbing trend of samples called ‘purple heroin/purp’ that contains heroin and fentanyl.”
A national study published Thursday said that law enforcement seizures of pills containing illicit fentanyl increased nearly 50-fold from the first quarter of 2018 to the last quarter of 2021.
“This is a national phenomenon,’’ Hannah Cooper, the Rollins chair of Substance Use Disorders Research at Emory University, said.
Fentanyl is used in producing these substances in order to reduce the amount of the more expensive drug, such as heroin, that the dealer is selling.
“It comes down to efforts by manufacturers and dealers to cut costs,’’ she said.
Over the past few years, it’s been mixed with stimulants such as cocaine and meth, Cooper added.
Fentanyl-related overdose deaths have been increasing in Georgia since the start of the COVID-19 pandemic. Between May 1, 2020 and April 30, 2021, fentanyl-involved overdose deaths jumped more than 100 percent as compared with the previous time period, Public Health said.
Cooper said that harm-reduction strategies can stem the tide of overdoses and deaths.
These tactics include making fentanyl-testing strips — which can detect the substance in a drug product — more available, as well as Naloxone (Narcan). Another strategy is to improve access to effective drug treatment services, Cooper added.
Public Health officials emphasize:
— If you suspect a drug overdose, call 911 immediately, provide the location of the overdose and stay with the individual until help arrives.
— Georgia has a medical amnesty law that protects individuals who may be experiencing an overdose and callers seeking medical attention for drug overdoses.
— Naloxone can be obtained from pharmacies in Georgia without a prescription under a standing order from the Public Health commissioner.
— For access to services and immediate crisis help, the Georgia Crisis & Access Line, 1-800-715-4225, is available 24/7. | https://www.albanyherald.com/news/georgia-sees-surge-of-fentanyl-laced-drug-overdoses/article_2817fa78-b36f-11ec-a92c-53367815ae07.html | 2022-04-04T06:59:16Z |
ATLANTA -- Fellow Republicans are going after GOP U.S. Senate candidate Herschel Walker.
A political action committee started by Republicans opposed to former President Trump launched a $1 million ad campaign Monday targeting the former University of Georgia football player.
The 30-second ad funded by the Republican Accountability PAC features Walker’s ex-wife, Cindy DeAngelis Grossman, describing how Walker tried to choke her and held a gun to her head.
“Character matters,” the ad concludes.
Allegations of domestic violence committed by Walker have been campaign fodder since he entered the race against Democratic U.S. Sen. Raphael Warnock nearly a year ago.
Walker addressed the allegations last December, telling Axios he is accountable for everything he has ever done and speaking frankly about his past mental health struggles.
The ad targeting Walker is part of a $10 million campaign by the Republican Accountability PAC aimed at GOP candidates supported by Trump in several battleground states. That includes Pennsylvania, where the group is running ads targeting Republican gubernatorial candidate Doug Mastriano.
The anti-Walker ad will air on MSNBC, FOX, and CNN in the Atlanta market as well as major TV stations across Georgia.
“Herschel Walker might have been a great football player, but he clearly doesn’t deserve to be a senator,” Sarah Longwell, the PAC’s treasurer, said.
The Walker campaign did not immediately respond to a request for comment on the ad.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/republican-pac-launches-ads-targeting-herschel-walker/article_dad020fc-1740-11ed-b553-47eabac22570.html | 2022-08-08T18:09:14Z |
Comedy, Acrobatics, Music and Mayhem Abound in New Las Vegas Production
LAS VEGAS, May 27, 2022 /PRNewswire/ -- Mad Apple – the newest Las Vegas production from live entertainment leader Cirque du Soleil – celebrated its mad debut at New York-New York Hotel & Casino in Las Vegas last night. Mad Apple is a high-energy cocktail of comedy, music, dance and high-flying acrobatics that delivers New York's wildest night out under the Vegas lights. Tickets are available here.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9053851-mad-apple-cirque-du-soleil-las-vegas-premiere/
Notable entertainers and athletes joining to fête the new production on opening night included: GRAMMY Award-winner Anderson .Paak, Vegas Golden Knights players Reilly Smith, Deryk Engelland, Shea Theodore and Laurent Brossoit; and Discovery+'s Ghost Adventures stars Aaron Goodwin and Jay Wasley.
Credit: Cirque du Soleil
Featuring stand-up comedy, a first in a Cirque du Soleil show, Mad Apple's headlining comedians Brad Williams and Harrison Greenbaum, and freestyle comedy rapper Chris Turner entertain guests with on-the-spot, often rowdy improvs. Featuring a live musical tour-de-force celebrating the best of NYC music past and present led by musical director Xharlie Black, five lead vocalists and a five-piece band; six daring acrobatic acts; and 48 cast members from around the world, the show blurs the lines between circus, live entertainment and New York nightlife culture.
"We are thrilled to get the joyous Mad Apple party started in Las Vegas," said Simon Painter, Mad Apple's co-creator and executive producer. "From the moment guests enter the theater, they are whisked away to one of the most beloved cities in the world with a show that fuses hilarious acts from multiple comedians and daring acrobatics with the entertainment and eclecticism of New York City. It's a crazy celebration straight away, and we can't wait for guests from around the world to see it."
Eric Grilly, Cirque du Soleil president of resident and affiliate show divisions, said, "Mad Apple is a completely new approach to Cirque du Soleil entertainment. It's an action-packed experience designed for today's audience, who increasingly want to consume entertainment as they do content - in an exciting, highly compelling and ever-shifting manner. With Mad Apple, you never know what's coming next - from vocals, off-script comedy, and live music with our horns and drum line to acrobatics - all wrapped in an incredibly fun party atmosphere that differentiates it from other shows."
Mad Apple entertains guests before the show even begins. Forty-five minutes before the curtain rises, guests are welcomed into the theater for a pre-show party with a modern-day Studio 54 vibe complete with boozy libations at the DownStage and UpStage Bars, flair bartenders, up-close magicians and entertainers, and live music.
The set of Mad Apple takes audiences through all five boroughs of NYC – from Uptown to Downtown, to the tips of skyscrapers and everything in between. Featured at the top of the stage and shown throughout the show is a 31-foot-long crown structure inspired by Lady Liberty's signature headpiece. The star of the set is the DownStage Bar, which acts as a functioning bar pre-show, then is transformed into the stage at showtime. Guests will notice the Chrysler Tower as the backdrop to the DownStage Bar. Two bars on stage - the UpStage Bars - are designed to look like an upscale NY club and available to guests during the pre-show party. Approximately 600 bottles lining the UpStage Bar are filled with an illuminated LED liquid that changes colors throughout the show.
Co-created by Simon Painter and Neil Dorward, Mad Apple is the first show in collaboration between Cirque du Soleil and The Works, Painter's company that was purchased by Cirque du Soleil in 2019.
SHOW SCHEDULE
Mad Apple is performed Friday through Tuesday, with no shows on Wednesdays and Thursdays. There are two shows nightly at 7 p.m. and 9:30 p.m. Schedule may vary on select dates.
TICKET INFORMATION
Ticket prices start at $59 and are available at MadAppleLV.com.
AGE REQUIREMENTS
Due to adult themes and content, children under 16 are not permitted. Children under the age of 18 must be accompanied by an adult.
About Cirque du Soleil Entertainment Group
Cirque du Soleil Entertainment Group is a world leader in live entertainment. On top of producing world-renowned circus arts shows, the Canadian organization brings its creative approach to a large variety of entertainment forms such as multimedia productions, immersive experiences, theme parks and special events. Going beyond its various creations, Cirque du Soleil Entertainment Group aims to make a positive impact on people, communities and the planet with its most important tools: creativity and art. For more information about Cirque du Soleil Entertainment Group, please visit CirqueduSoleilEntertainmentGroup.com.
About New York-New York Hotel & Casino
Inspired by the famous energy and landmarks of the iconic original, New York-New York offers all the excitement of the hotel's namesake, from the thrilling Roller Coaster to tantalizing restaurants including Gallagher's Steakhouse and Nine Fine Irishmen, an authentic pub offering the best of Irish drink, food and music. In May 2022, New York-New York will become home to Mad Apple, a delicious new, wickedly fun Cirque du Soleil cocktail of music, comedy, magic and mayhem putting NYC nightlife under the Las Vegas lights. Located adjacent to The Park, New York-New York is home to a selection of Strip-front dining and retail destinations including a two-story flagship Hershey's Chocolate World, Shake Shack and Tom's Urban. New York-New York is operated by MGM Resorts International (NYSE: MGM). For more information and reservations, visit newyorknewyork.com, call toll free at (866) 815-4365, or find us on Instagram, Facebook and Twitter.
View original content:
SOURCE Cirque du Soleil | https://www.mysuncoast.com/prnewswire/2022/05/27/mad-apple-by-cirque-du-soleil-premieres-new-york-new-york-hotel-amp-casino-las-vegas/ | 2022-05-27T19:47:57Z |
ST. PETERSBURG, Fla., Aug. 29, 2022 /PRNewswire/ -- Vault E&S Insurance Company (Little Rock, AR) and Vault Reciprocal Exchange (St. Petersburg, FL), collectively referred to as Vault Insurance Group ("Vault") announced A.M. Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Vault.
The A.M. Best report highlights, "Vault's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance" in addition, "Vault's management implemented effective capital management initiatives that returned risk-adjusted capitalization to the strongest level, as measured by BCAR."
"We are very proud of what we have accomplished and A.M. Best's continued positive assessment of Vault's financial strength," said Charles Williamson, Chief Executive Officer. "Our strong financial foundation is important to us and our customers and ensures that we are able to continue to best serve our clients' risk management needs."
Launched in October 2017, Vault has continued to progress as a fast-growing disruptor in high-net-worth personal insurance. Vault's growth has been fueled by a modern technology approach, strong underwriting, and an unrivaled business model, acting as a reciprocal insurance exchange, managing general agent, and excess-surplus insurance provider.
Media Contacts
Vault
Katelin Azzarelli
Katelin.azzarelli@vault.insurance
View original content:
SOURCE Vault | https://www.kxii.com/prnewswire/2022/08/29/am-best-has-affirmed-financial-strength-rating-a-excellent-vault/ | 2022-08-29T15:58:55Z |
Yearly event was back in person after two-year virtual hiatus, gathering patients and families who were treated in the Center for Fetal Diagnosis and Treatment
PHILADELPHIA, June 5, 2022 /PRNewswire/ -- Today, more than 3,000 people gathered at the Philadelphia Zoo to celebrate the 26th Children's Hospital of Philadelphia (CHOP) Fetal Family Reunion, with patients and families from more than 20 states attending the first in-person reunion in two years. The event, hosted by CHOP's Richard D. Wood Jr. Center for Fetal Diagnosis and Treatment (CFDT), provided an opportunity for those treated in the center to reconnect with their care team and other families who share an indescribable bond.
The reunion brings together a unique community of families who have shared similar struggles. Nearly all of the children in attendance were prenatally diagnosed with a birth defect, such as spina bifida, congenital diaphragmatic hernia, or twin-twin transfusion syndrome, that had potentially devastating outcomes. Babies diagnosed with these birth defects before birth either underwent fetal surgery to treat the condition before birth or received highly complex care immediately after birth.
"It is truly inspiring to see so many children, who as babies likely could have died, now running around and growing up healthy and strong," said N. Scott Adzick, M.D., Surgeon-In-Chief at CHOP and Director of the CFDT. "The Fetal Family Reunion has always been my favorite day of the year, but it carries even more significance today to gather in-person together once again."
CHOP's Fetal Family Reunion has been an annual occurrence since 1997 and has grown from a handful of attendees the first year to more than 650 families today. CHOP's CFDT is a pioneer in the field of fetal medicine and is one of only a few programs worldwide to offer comprehensive care, including prenatal diagnosis, fetal surgery and therapy, and the option of delivering at a leading pediatric hospital.
"Babies with special needs require highly specialized and experienced care, both before and after birth. The families gathered here today represent an important segment of the more than 28,000 expectant mothers, from all 50 states and over 70 countries, we've treated in our center," said Julie S. Moldenhauer, M.D., Obstetrical Director of the CFDT and Medical Director of CHOP's Garbose Family Special Delivery Unit. "The high volume of patients we see from around the world with incredibly complex, rare conditions makes all the difference in achieving favorable outcomes and allows us to offer hope and support to so many families."
Each week at CHOP, surgical teams perform highly sophisticated procedures, such as spina bifida closure and interventions other birth defects in the womb, placing fetal shunts to treat life-threatening congenital conditions and performing minimally invasive procedures in the mother's uterus to treat various complications. The team has also managed thousands of pregnancies complicated by birth defects in which newborns need immediate specialized medical care or surgery after delivery.
About Children's Hospital of Philadelphia: A non-profit, charitable organization, Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals, and pioneering major research initiatives, the 595-bed hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country. The institution has a well-established history of providing advanced pediatric care close to home through its CHOP Care Network, which includes more than 50 primary care practices, specialty care and surgical centers, urgent care centers, and community hospital alliances throughout Pennsylvania and New Jersey, as well as a new inpatient hospital with a dedicated pediatric emergency department in King of Prussia. In addition, its unique family-centered care and public service programs have brought Children's Hospital of Philadelphia recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.edu.
Media Contact:
Ashley Moore
215-630-4683
Moorea1@chop.edu
View original content to download multimedia:
SOURCE Children's Hospital of Philadelphia | https://www.wibw.com/prnewswire/2022/06/05/childrens-hospital-philadelphia-celebrates-26th-annual-fetal-surgery-family-reunion-philadelphia-zoo/ | 2022-06-05T23:52:29Z |
COVINA, Calif., Sept. 6, 2022 /PRNewswire/ -- Victor Mineros, a longtime Teamsters Local 396 business representative and organizer, is the union's new Secretary-Treasurer after Ron Herrera announced his retirement last week following nearly two decades leading the local.
Local 396's Executive Board voted for Mineros to serve out the current three-year term after Herrera shared his decision to retire on Aug. 31 in a letter to the membership. The former Secretary-Treasurer had served in the position since 2003, helping to create a pathway through a Teamster contract to a better life for thousands of essential workers.
Mineros began his career as a rank-and-file UPS Teamster, participating in the 1997 UPS strike. He then became an organizer and business agent for Local 396, representing members at UPS and in sanitation. Teamsters General President Sean M. O'Brien recently selected him to serve as Assistant Director of the Teamsters Package Division for the Western Region.
The transition at Local 396 occurs amid the 2023 UPS contract campaign, which kicked off Aug. 1. More than 340,000 Teamsters, including members of Local 396, are fighting to win the strongest possible contract at UPS, seeking to end excessive overtime, eliminate the two-tier wage 22.4 job classification, increase part-time pay and full-time jobs, improve job security for feeder and package drivers, safeguard from heat illness, and end management harassment.
"As I take on this new role as Secretary Treasurer, I am grateful for leaders like Ron Herrera, who mentored rank-and-file Teamsters like myself to speak up and be militant. We have a strong foundation here at Teamsters Local 396, and I look forward to building upon that proud legacy," Mineros said. "It's my honor to serve the membership of Local 396 in this new role as Principal Officer during this historic moment when support for unions in the U.S. is at an all-time high. Whether it's the 2023 UPS contract fight, fighting for essential workers in the sanitation industry, or organizing workers at Amazon, Local 396 will be on the frontlines, fighting to ensure a better life for both current and future generations of Teamsters."
Contact:
Adan Alvarez, (626) 915-3636
View original content to download multimedia:
SOURCE Teamsters Local 396 | https://www.wibw.com/prnewswire/2022/09/06/victor-mineros-voted-secretary-treasurer-teamsters-local-396-herrera-retires/ | 2022-09-06T19:12:23Z |
US consumer debt jumped by $40 billion in February
By Anneken Tappe, CNN Business
Americans got into a lot more debt in February as rampant inflation kept up the pressure, the Federal Reserve’s consumer credit report showed Thursday.
Debt levels jumped by nearly $42 billion to a total of almost $4.5 trillion. That’s an annual increase of 11.3%, seasonally adjusted, far outperforming economists’ expectations and setting a new high. In January, total credit had grown only 2.4%.
The Fed’s historical consumer credit data goes back to the early 1940s.
Revolving credit, which includes credit cards, jumped by 20.7% to about $1.1 trillion. The category increased by only 4% in the prior month.
Nonrevolving credit, such as student or car loans, grew by 8.4% to $3.4 trillion, also outpacing a smaller January gain.
Americans have been challenged with a rapid pace of price increases everywhere, from the grocery store to the gas station. Year-over-year inflation has increased at a pace not seen in 40 years.
Consumer spending has kept up the pace so far, but it is not immediately clear whether that’s because people are paying more for the same items that got more expensive or are actually buying more goods and services.
In late February, Russia’s invasion of Ukraine jolted global energy markets and boosted the price of gasoline. With prices at the pump rising higher in March, credit card spending is unlikely to have gone down after the February jump.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/07/us-consumer-debt-jumped-by-40-billion-in-february/ | 2022-04-07T23:28:38Z |
PITTSFIELD, Mass., July 20, 2022 /PRNewswire/ -- General Dynamics Mission Systems, a business unit of General Dynamics (NYSE: GD), announced today it was awarded a U.S. Navy contract to support development, production and installation of fire control systems for the Columbia- and Dreadnought-classes of ballistic missile submarines.
The contract as awarded has a value of $272.9 million over the next six years. This contract is the second for General Dynamics Mission Systems and is comprised of development, production and installation support for U.S. and U.K. submarine strategic weapons systems and subsystems. It will also support strategic weapons systems upgrades on currently fielded U.S. and U.K. strategic ballistic missile submarines. Work will primarily be performed in Pittsfield, Massachusetts, and is expected to be complete by July 2028.
General Dynamics Mission Systems' Maritime and Strategic Systems line of business will deliver the fire control system for the U.S. Navy's second and third Columbia-class submarine and the third U.K. Dreadnought class submarine as well as installation support and pre-deployment planning for both U.S. and U.K. sites. This contract also includes Columbia and Dreadnought design completion scope and continuation of design activities for the first planned refresh of the Columbia and Dreadnought fire control system.
"The U.S Columbia and U.K. Dreadnought class submarines are of strategic importance to our nation and our allies. General Dynamics has been supporting previous submarine programs for more than 65 years and we are extending our support through the development, production and installation of mission critical systems for this new fleet of submarines," said Carlo Zaffanella, vice president and general manager at General Dynamics Mission Systems.
General Dynamics Mission Systems provides mission-critical solutions for defense, intelligence and cybersecurity customers across all domains. Headquartered in Fairfax, Virginia, General Dynamics Mission Systems employs approximately 13,000 people worldwide. More information about General Dynamics Mission Systems is available at gdmissionsystems.com.
General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated $38.5 billion in revenue in 2021. More information about General Dynamics is available at www.gd.com.
View original content to download multimedia:
SOURCE General Dynamics Mission Systems | https://www.kxii.com/prnewswire/2022/07/20/general-dynamics-mission-systems-awarded-2729-million-contract-us-uk-submarine-fire-control-systems/ | 2022-07-20T17:03:58Z |
Well-being solution meets demands of a changing workforce
PORTLAND, Ore., Aug. 9, 2022 /PRNewswire/ -- Responding to the needs of a changing workforce, WebMD Health Services today announced a new partnership with Wellbeats, Inc., a LifeSpeak company (TSX: LSPK) and the leading provider of on-demand, virtual well-being content designed to help employers and health plans meet the challenges of supporting a remote hybrid workforce.
The new offering features more than 1,000 videos and instructor-led streaming classes that enhance employer well-being offerings at a time of dynamic workplace shifts, while helping participants meet their goals, including fitness, nutrition, mindfulness, and mental health, on a pace and schedule that can be personalized to their needs.
Organizations can integrate the new programming into their current WebMD Health Services well-being platform, ensuring a seamless end-to-end experience. Participants can easily access classes and videos and select programming that reflects their fitness level, interests, and lifestyle. Approachable class instructors reflect a diversity of ages, races and body types.
"Our Wellbeats partnership builds on our newest solutions, which give clients new ways to tailor their well-being programs to the evolving needs of the hybrid workforce," said Bruce Foyt, Vice President of Partnerships, WebMD Health Services. "Offering employees of all ages, abilities and interests the ability to exercise, meditate, stretch or make better food choices – on a schedule that makes sense for them -- will help them incorporate well-being into their daily lives, increase employee satisfaction and engagement, and support productivity."
"We are excited to partner with WebMD Health Services at this pivotal time," said Jason Von Bank, Wellbeats President and LifeSpeak COO. "This partnership will expand access to Wellbeats for employers and make it even easier for them to help employees and their families make health and well-being an integral, and ongoing part of their routine."
About WebMD Health Services
WebMD Health Services, a part of WebMD Health Corp., has over 20 years of experience driving positive behavior changes. Consumers trust WebMD for reliable, accurate, and clear answers to their most pressing health-related questions. At WebMD Health Services, we tap into these valuable consumer insights to design and implement successful, engaging solutions to help individuals meet their well-being needs. We understand that there are numerous paths to reach well-being goals. Our expertise, combined with a variety of third-party partner integrations, enables us to deliver unique and personalized experiences across a wide range of industries. See how we support these diverse populations at webmdhealthservices.com.
About WebMD Health Corp.
WebMD, an Internet Brands company, is at the heart of the digital health revolution that is transforming the healthcare experience for consumers, patients, healthcare professionals, employers, health plans and health systems. Through public and private online portals, mobile platforms, and health-focused publications, WebMD delivers leading-edge content and digital services that enable and improve decision-making, support and motivate health actions, streamline and simplify the healthcare journey, and improve patient care.
The WebMD Health Network includes WebMD Health, Medscape, Jobson Healthcare Information, MediQuality, Frontline, Vitals Consumer Services, Aptus Health, Krames, PulsePoint, The Wellness Network, SanovaWorks, MedicineNet, eMedicineHealth, RxList, OnHealth, Medscape Education, and other owned WebMD sites. WebMD®, Medscape®, CME Circle®, Medpulse®, eMedicine®, MedicineNet®, theheart.org® and RxList® are among the trademarks of WebMD Health Corp. or its subsidiaries.
About Wellbeats, a LifeSpeak company
Based in St. Louis Park, MN, Wellbeats, a LifeSpeak company, is the premier provider of on-demand, virtual wellness content and programming for use in corporate wellbeing initiatives. With more than 1,000 fitness, nutrition, and mindfulness classes, programs, and fitness assessments available anytime and anywhere, Wellbeats allows employers to support employees with wellness resources that fit their needs, lifestyle, and schedule. Wellbeats provides best-in-class content that appeals to more than 2.3 million members of all ages, interests, and fitness levels. Wellbeats content is easily accessible through apps for iOS, Android, and Apple TV, any modern Web browser, Chromecast, Airplay, and Roku. To learn more, visit www.wellbeats.com, follow on LinkedIn, or check out a sampling of the company's fitness classes during a Facebook Live session.
View original content to download multimedia:
SOURCE WebMD Health Services | https://www.wibw.com/prnewswire/2022/08/09/webmd-health-services-partners-with-wellbeats-offering-on-demand-streaming-content/ | 2022-08-09T20:32:12Z |
Advanced FTTP Network to Reach Over 120,000 Potential Customers in Texas by End of 2023
CHARLOTTE, N.C., June 15, 2022 /PRNewswire/ -- Brightspeed today announced details for its planned fiber optics network build in the state of Texas. By the end of 2023, the company will deliver over 120,000 new fiber passings in the first phase of deployment in the state. Brightspeed plans to add 160,000 more passings in its Texas operating territory – for a total of up to 280,000 – in subsequent years of the network build.
Brightspeed will initially be comprised of the incumbent local exchange carrier (ILEC) assets and associated operations of Lumen Technologies (NYSE: LUMN), which are the subject of a pending acquisition by Apollo-managed funds (NYSE: APO). The parties expect to obtain regulatory approvals in the third quarter, and to close the transaction in early fourth quarter of this year.
The Texas build is part of Brightspeed's comprehensive plan to invest at least $2 billion in its multi-state fiber optics transformation, which is expected to reach up to 3 million homes and businesses over the next five years, including in many locations where fiber and advanced technology have not historically been deployed.
"We believe all customers should have access to the highest-quality, most user-friendly internet service possible. Brightspeed's mission is to expand and accelerate the availability of internet connectivity that will enable our communities to thrive," said Chris Creager, Chief Administration Officer of Brightspeed. "We have an incredible team in place that knows how to execute this critical copper-to-fiber technology transformation. We are thrilled for the opportunity to bring our Brightspeed services to the customers in our Texas footprint."
Brightspeed's 2022-2023 build plan will bring faster, more reliable internet and Wi-Fi services to over 120,000 residential and business locations in portions of the Atascocita, Killeen, Kings Crossing, and Port Aransas communities. These new fiber-enabled addresses are incremental to 26,000 existing fiber passings that Brightspeed will assume upon the close of the transaction between the Apollo funds and Lumen.
"I am excited to welcome Brightspeed's investment in Texas," said Texas Comptroller Glenn Hegar. "My agency was tasked with creating Texas' first-ever broadband development office with a goal to expand high-speed internet access to areas most in need. Brightspeed's commitment to developing connectivity solutions and expanding fiber based-internet access in Texas is an encouraging development towards reaching that goal."
After the close of the transaction between the Apollo funds and Lumen, Brightspeed will begin to sign customers onto its network. Brightspeed will be pioneering technology innovations designed to help the company accelerate network deployment and market availability of XGSPON-based internet services with symmetrical speeds that exceed 1Gbps.
Brightspeed plans to announce its other state-specific build information over the coming weeks.
For more information about Brightspeed, visit the company's website, www.brightspeed.com.
About Brightspeed
Headquartered in Charlotte, N.C. and expected to have assets and associated operations in 20 states, Brightspeed will provide broadband and telecommunications services through a network platform capable of serving more than 6 million homes and businesses. The company aims to bridge the digital divide by deploying a state-of-the-art fiber network and a customer experience that makes staying connected simple and seamless. For more information about Brightspeed, visit the company's website, www.brightspeed.com.
Media
Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
pr@brightspeed.com
View original content:
SOURCE Brightspeed | https://www.kxii.com/prnewswire/2022/06/15/brightspeed-announces-initial-fiber-build-markets-texas/ | 2022-06-15T14:41:27Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- The Samuel Law Firm announces that purchasers or acquirers of Coinbase Global, Inc. (NASDAQ: COIN) securities between April 14, 2021 and May 13, 2021, inclusive (the "Class Period") have until October 28, 2022 to seek appointment as lead plaintiff in Alicandro v. Coinbase Global, Inc., No. 22-cv-6816 (S.D.N.Y.) The Coinbase class action lawsuit charges Coinbase and certain of its top executives, directors and early private investors with violations of the Securities Exchange Act of 1934 and the Securities Act of 1933.
If you suffered substantial losses and wish to serve as lead plaintiff, please provide your information here:
You may also contact attorneys Michael Samuel or Andrew Beresin at the Samuel Law Firm by calling (212) 563-9884 or via e-mail at michael@thesamuellawfirm.com or andrew@samuelandstein.com.
CASE ALLEGATIONS: The Coinbase class action lawsuit alleges that in advance of the April 2021 direct listing public offering of Coinbase common stock, defendants made false or misleading statements and failed to disclose that Coinbase insiders intended to sell Coinbase shares as early as April 14, 2021, the first day of public trading in Coinbase stock.
On multiple occasions between February 25, 2021, and April 14, 2021, Coinbase disclosed that "there can be no assurance that any registered stockholders or other existing stockholders will sell any of their shares of Class A common stock" and "there may initially be a lack of supply of, or demand for, shares of Class A common stock on the Nasdaq Global Select Market…."
Coinbase also repeatedly disclosed during that same period that "we have not consulted with registered stockholders or other existing stockholders regarding their desire or plans to sell shares in the public market following the listing…."
On April 14, 2021, the first day of public trading in Coinbase common stock, six officers or directors who personally signed those disclosures, along with three other Coinbase insiders sold in excess of seven million shares of Coinbase Class A common stock, including more than 1.3 million shares at the Market opening that day, collectively receiving more than $2.7 Billion in proceeds from such sales.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Coinbase securities during the Class Period to seek appointment as lead plaintiff. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Coinbase class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Coinbase class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Coinbase class action lawsuit.
ABOUT THE SAMUEL LAW FIRM: The Samuel Law Firm has substantial experience litigating hundreds of lawsuits, including collective and class action lawsuits, on behalf of plaintiffs in the state of New York, both in state and federal court. Senior counsel, Andrew Beresin, has expertise in securities fraud matters, as well as significant professional securities trading experience on Wall Street. Please visit the following page for more information about The Samuel Law Firm.
Attorney advertising.
Past results do not guarantee future outcomes.
CONTACTS
The Samuel Law Firm
1441 Broadway – Suite 6085
New York, NY 10018
Michael Samuel, Esq.
Andrew Beresin, Esq.
(212) 563-9884
Michael@TheSamuelLawFirm.com
Andrew@TheSamuelLawFirm.com
View original content:
SOURCE The Samuel Law Firm | https://www.wibw.com/prnewswire/2022/08/31/investor-notice-investors-coinbase-global-inc-with-substantial-losses-have-opportunity-lead-class-action-lawsuit-coin/ | 2022-08-31T16:27:35Z |
The partnership brings the classic candy bar flavor to life in a new way, reimagining the limits of coffee
BURLINGTON, Mass. and FRISCO, Texas, July 19, 2022 /PRNewswire/ -- The Original Donut Shop® Coffee today announced its new product innovation, The Original Donut Shop SNICKERS® Coffee K-Cup pods. The newest addition to the coffee portfolio is inspired by the always satisfying, deliciously gratifying flavors of SNICKERS® — creamy milk chocolate, gooey caramel, and just a touch of nuttiness.
"We're excited to unveil a new and delicious coffee flavor that allows our fans to treat their taste buds," said Scott Christensen, Senior Director Brand Marketing, Keurig Dr Pepper. "Inspiring discovery through flavorful coffee experiences is at the core of our brand purpose and The Original Donut Shop SNICKERS® Coffee does just that."
With the press of a button, your Keurig brewer can treat you to a delicious SNICKERS® flavored coffee where the always satisfying candy bar meets the deliciousness of coffee. The light roast, caffeinated blend is certified Orthodox Union Kosher, and each K-Cup® pod delivers a perfectly great-tasting cup of coffee every time.
"At Mars, we are consumer obsessed. So, we are thrilled to team up with The Original Donut Shop® Coffee to deliver a delicious new offering for both SNICKERS® and coffee lovers alike," said Michelle Deignan, Senior Director, Mars Wrigley. "The Original Donut Shop SNICKERS® Coffee combines the satisfying taste of SNICKERS® with a classic roast, which is sure to inspire moments of happiness every morning for consumers in a way only SNICKERS® can deliver on."
The Original Donut Shop SNICKERS® Coffee will be available at major retailers nationwide beginning this summer and is currently available for purchase at Keurig.com and Amazon.
To learn more about The Original Donut Shop® Coffee, visit https://www.keurig.com/content/theoriginaldonutshop and follow @theoriginaldonutshop on Instagram, @OriginalDonutShop on Facebook and @origdonutshop on Twitter.
*Check locally, not recycled in all communities. Packaging may vary.*
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America with annual revenue approaching $13 billion and approximately 27,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability. For more information, visit www.keurigdrpepper.com.
ABOUT MARS, INCORPORATED
For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This idea is at the center of who we have always been as a global, family-owned business. Today, Mars is transforming, innovating, and evolving in ways that affirm our commitment to making a positive impact on the world around us.
Across our diverse and expanding portfolio of confectionery, food, and petcare products and services, we employ 133,000 dedicated associates who are all moving in the same direction: forward. With $40 billion in annual sales, we produce some of the world's best-loved brands including DOVE®; EXTRA®; M&M's®; MILKY WAY®; SNICKERS®; TWIX®; ORBIT®; PEDIGREE®; ROYAL CANIN®; SKITTLES®; BEN'S ORIGINAL™; WHISKAS®; COCOAVIA®; 5™; and take care of half of the world's pets through our nutrition, health and services businesses, including AniCura, Banfield Pet Hospitals™, BluePearl®, Linnaeus, and VCA™.
We know we can only be truly successful if our partners and the communities in which we operate prosper as well. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our associates to take action every day to help create a world tomorrow in which the planet, its people and pets can thrive. The Mars Compass, inspired by the Economics of Mutuality, is used to measure the company's progress in service of its purpose--the world we want tomorrow starts with how we do business today.
For more information about Mars, please visit mars.com. Join us on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
View original content to download multimedia:
SOURCE The Original Donut Shop | https://www.wibw.com/prnewswire/2022/07/19/original-donut-shop-coffee-mars-turn-everyday-into-delicious-treat-with-satisfying-taste-snickers/ | 2022-07-19T13:45:36Z |
NEW YORK, Aug. 18, 2022 /PRNewswire/ -- VIVA Entertainment Group, AKA Vivalivetv Inc. (OTTV) ("VIVA" or "the Company"), a distributor of Over-The-Top (OTT) IPTV content to consumers in a bundled subscription format, today announces CFC Cagebound Fighting Championship and Knockout Artist Promotions come together to bring the most action-packed channel in fighting history. The network, set to launch Aug. 20, 2022 on VivaLive TV's channel 56, kicks-off with four title fights; The pay-per-view event to be aired on Vivalivetv channel 1 includes Ex-Bellator and UFC fighters McWilliams, Gonzalez, Donaldson and Costa. 125 pound Cammo State Title and the 125 pound CFC Vacant Title. The main event concludes with the USFL United States Fight League future stars of MMA competing for the chance to represent the United States on the world stage at the Olympics and Abu Dhabi Championships.
"I'm excited about this amazing match-up on the network," said Dan Lipman, COO of the KOA Channel. "Aug. 20th the world will see just a glimpse of all the action-packed fights we have coming up."
The pay-per-view event can be purchased now on the VivaLive TV app channel 1 with a special offer at only $9.99.
To purchase tickets for the live event, visit PurplePass.com/Modesto or Modesto Centre Plaza.
Viva Entertainment chief executive officer, Johnny Falcones, commented, "Viva is excited to offer this exclusive fights to our members and new customers.
About VIVA Entertainment Group, Inc.
VIVA Entertainment Group, Inc. is a global entertainment and technology company connecting content owners and video distributors to deliver premium content on any smart device with a screen. Viva has developed an OTT system through which television services are delivered using the Internet protocol suite over a network such as the Internet, instead of being delivered through traditional terrestrial, satellite signal and cable television formats. Viva, your entertainment partner, provides subscribers access to the content they want anywhere, anytime. With a WiFi connection our customers can watch Live TV from around the world, TV shows, as well as movies on demand, and many other interactive features. Independent and Major film studios, television networks, Telecoms, Cable Companies, and emerging ISPS partner with Viva for enhanced capabilities in multi platform video distribution. The only true end-to-end provider of premium content technology services, VIVA has licensed and deliver to traditional and OTT video distributors across the world. VIVA is a publicly traded company under the stock symbol OTTV
www.vivalivetv.com www.vivamusic.net www.vivalivetv.net
The aforementioned statement should be read in conjunction with the company's period filings made with the Securities and Exchange Commission.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control.
Email us at:
Johnny Falcones, Chairman & CEO
info@vivalivetv.com
(407)300-8271
Like VIVA on Twitter
https://twitter.com/vivaentgroup
Like us on Facebook
https://www.facebook.com/Vivalivestreaming
Like us on Instagram
https://www.instagram.com/vivalive.tvofficial/?hl=en
View original content:
SOURCE Viva Entertainment Group Inc. | https://www.kxii.com/prnewswire/2022/08/18/viva-entertainment-groupaka-vivalivetv-cage-bound-fighting-championship-knock-out-artists-promotions-announces-most-action-packed-channel-history-kicks-off-with-4-title-fights/ | 2022-08-18T13:28:23Z |
Major outage forces Puerto Rico to shutter schools, offices
By DÁNICA COTO
Associated Press
SAN JUAN, Puerto Rico (AP) — More than a million customers in Puerto Rico remain without electricity after a fire at a main power plant caused an island-wide blackout that forced the U.S. territory to cancel classes and shutter government offices in the biggest outage yet this year. Wednesday night’s outage also left some 160,000 customers without water. A private company that took over transmission and distribution from Puerto Rico’s Electric Power Authority last year said the blackout could have been caused by a circuit breaker failure at the Costa Sur generation plant. It is one of four main plants on the island. | https://localnews8.com/news/ap-national-business/2022/04/07/major-outage-forces-puerto-rico-to-shutter-schools-offices/ | 2022-04-07T15:46:52Z |
- Pioneers in the blockchain industry, OpenSea, Chainalysis and Polygon are setting the foundation for Web3.
- Celebrity-led cannabis brands Monogram and Houseplant are bringing sophistication to the space as they emerge into the spotlight.
- Brands including Arcadia and Folx Health are prime examples of how technology is supporting the climate and health industries to propel them forwards.
NEW YORK, June 21, 2022 /PRNewswire/ -- Interbrand, the world's leading brand consultancy, today launched its 2022 Breakthrough Brands Report – with Web3, Climate Tech and boutique health brands set to go mainstream.
The influential Breakthrough Brands Report reveals the 30 innovative brands that are set to disrupt the US market. This is the 5th edition of the report, which has a track record of successfully identifying game-changing challenger brands before they become household names. Previous years' Breakthrough Brands have included Miro and Athletic Brewing (2021), A24 and Maven Clinic (2020), Square and Slack (2017), and Sweetgreen and Headspace (2016), all of which have seen exponential growth since being featured in Interbrand's previous reports.
The brands included in this year's report span a range of fast-growing industries, including celebrity-led cannabis brands (Houseplant and Monogram), women's health (Tia and Kindbody), blockchain (Mythical Games, Bored Ape Yacht Club and MoonPay), and Climate Tech (Watershed, Arcadia and Pachama). More than 50% of 2022's Breakthrough Brands have founders or C-suite members who are women or people of color.
The three emerging topics from this year's Breakthrough Brands report are:
- The next generation of the internet: As Web3 is coming of age, blockchain-based companies are moving into new avenues such as NFTs and decentralized autonomous organizations. Brands like Polygon, Chainalysis and MoonPay are building the on-ramp to more users on Web3.
- Carbon measurement fuelling accountability: The conversation around climate change is becoming more focused on measurable action for decarbonization and reaching net-zero by 2050. Brands including Watershed, Planet Labs, and Doconomy are creating the software-based tools to help companies with their carbon accounting.
- Rebuilding the healthcare industry: Boutique health brands such as Folx Health, Thirty Madison, and Kindbody are reimagining the experience for different demographics that have been underserved while driving accessibility and reducing costs.
Daniel Binns, CEO, Interbrand New York, said: "After another year with many uncertainties being faced by businesses, we see genuine hope in so many innovative brands emerging across a range of sectors. We're expecting to see these brands continue to achieve impressive growth and become key disruptors within the US market."
Naeiri Zargarian, Strategy Director at Interbrand New York, said: "It's all about systems change – whether it is to decentralize the internet, demystify healthcare, or decarbonize the planet, these brands are laying the groundwork for the next decade."
Interbrand expanded its number of "Human Truths" metrics this year to include Diversity, Equity, and Inclusion (DE&I), Accessibility, and Sustainability. To conduct its analysis, Interbrand partnered with Infegy Atlas, Vox Media, and Circus.
The full report can be downloaded, here: https://interbrand.com/new-york/breakthrough-brands/
Interbrand's Breakthrough Brands 2022:
100 Thieves - Esports hype brand
Arcadia - API-based energy measurement
Axie Infinity - Play-to-earn gaming
Boom Supersonic - Bringing back supersonic flight
Bored Ape Yacht Club - Blockbuster NFT community
Chainalysis - Blockchain compliance
Daring Foods - Plant-based chicken
Doconomy - Financially incentivized decarbonization
Eat Just - High fidelity vegan eggs
Figment - Blockchain infrastructure and services
Folx Health - Healthcare for LGBTQIA+
Houseplant - Mid-century cannabis lifestyle products
JuneShine - Hard kombucha
Kindbody - End-to-end fertility care
Masterworks - Art investment platform
Monogram - Jay-Z's cannabis brand
MoonPay - Payments infrastructure for crypto
Mythical Games - Blockchain-based gaming studio
Nomi Health - Streamlining healthcare operations
OpenSea - NFT marketplace
Pachama - Forest-centric carbon accounting
PARK - Social impact sports brand
Planet Labs - Satellite imaging to track climate change
Polygon - Ethereum scaling infrastructure
Thirty Madison - House of brands focused on chronic conditions
Tia - Holistic and digital-first women's healthcare
Too Good To Go - Creating a circular food economy
Watershed - Holistic carbon measurement for businesses
Whatnot - Livestream auctions
YouthForia - TikTok approved clean beauty
For more information, please contact:
Emma Walkom, emma@pumpkin.uk.com, +44 (0) 7531474626
interbrand@pumpkin.uk.com
Photo - https://mma.prnewswire.com/media/1842261/Seth_Rogan.jpg
Photo - https://mma.prnewswire.com/media/1842260/Interbrand_Breakthrough_Brands.jpg
View original content to download multimedia:
SOURCE Interbrand Group | https://www.mysuncoast.com/prnewswire/2022/06/21/interbrand-launches-2022-breakthrough-brands-report-showcasing-30-emerging-brands-that-will-disrupt-us-market/ | 2022-06-21T05:31:41Z |
HONG KONG, Aug. 22, 2022 /PRNewswire/ -- JS Global Lifestyle Company Limited (HKEX stock code: 1691) ("JS Global" or the "Company"), a leading producer of household appliances, announces its inclusion to the Hang Seng Corporate Sustainability Index, effective on September 5, 2022.
JS Global was one of the 96 companies included in the index, among 2800 companies listed on the Hong Kong Stock Exchange. The Hang Seng Corporate Sustainability Index is the official benchmark for sustainability investments in Hong Kong and evaluates companies' performance in Environmental, Social and Governance ("ESG") indices.
JS Global places great importance to sustainable corporate development and to high standards in ESG initiatives. The Company has built a complete ESG indicator system and management mechanism in line with the United Nations Sustainable Development Goals.
The SharkNinja segment was the one of the first to achieve its carbon neutral target at its European headquarters. The Joyoung segment, through its Joyoung Hope Fund, has built a total of 1,306 Joyoung Kitchens in China for primary and secondary schools in need, positively impacting over 500,000 teachers and students across the country.
As such, JS Global Lifestyle was ranked in the top three for the "Best ESG Management Company" in consumer necessities sector by leading international financial magazine Institutional Investor in June 2022.
Mr. Wang Xuning, Chairman and CEO of JS Global said: "We are very pleased by our inclusion to the Hang Seng Corporate Sustainability Index, which demonstrates recognition of our ongoing corporate sustainability efforts. As we look to the future, we are eager to continue to grow and develop our ESG programs and deepen our sustainability practices. We would like to thank all those who contributed to the Company's development in ESG, and we will continue to emphasize the importance of taking responsibility to create a sustainable future and create greater value for all our stakeholders."
About JS Global
JS Global Lifestyle Company Limited (Hong Kong: 1691) is a world leading producer of small household appliances. It ranks fourth globally in the small household appliance industry and third among small household appliance-focused companies. It primarily operates three major brands: Shark, Ninja and Joyoung. The Company's success is centered around its deep understanding of consumer needs, and is built on its strong product innovation and design capability powered by a global research and development platform, marketing strengths driving high brand engagement, and an omni-channel distribution coverage with high penetration.
About SharkNinja
SharkNinja is an innovation leader in the housewares industry and creator of the familiar household brands Shark® and Ninja®. SharkNinja provides the latest in easy-to-use innovative technology with a growing line of solutions that consist of Shark cleaning and home care products and Ninja kitchen appliances. Products are sold at major retailers and through distributors around the world. Ninja and Shark are registered trademarks of SharkNinja Operating LLC. SharkNinja is a subsidiary of JS Global Lifestyle Company Limited (Hong Kong: 1691) a leader in small household appliance innovation.
About Joyoung
Joyoung (002242.SZ) is SharkNinja's sister brand and has become a well-known small household electrical appliance enterprise and one of the market share leaders in China. Joyoung invented the first soymilk maker in China and closely connect the concept to plant-based solutions. With 28 years of experience and over 10,000 patented technologies, Joyoung specializes in the research and development, design, manufacturing, and sale of its innovative product categories including small household appliances, primarily focusing on kitchen. Joyoung is a subsidiary of JS Global Lifestyle Company Limited (Hong Kong: 1691) a leader in small household appliance innovation.
Company Contacts
Venus Zhao, Head of Investor Relations, Public Relations and Compliance, JS Global Lifestyle
venus.zhao@jsgl.com
Adam Quigley, VP of Finance at SharkNinja
AQuigley@sharkninja.com
Investor Relations
ir@jsgl.com
View original content:
SOURCE JS Global Lifestyle Company Limited | https://www.kxii.com/prnewswire/2022/08/22/js-global-announces-inclusion-hang-seng-corporate-sustainability-index/ | 2022-08-22T08:44:26Z |
Which tie-dye kits are best?
Tie-dye is a creative way to add a splash of color to your wardrobe or harken back to the flower power fashion of the 1960s. Tie-dye kits come with everything you need to create this vibrant look at home, but when faced with so many similar products, which kit should you choose?
Before making your purchase, there are several factors to consider, but for a simple starter kit with easy-to-follow instructions, the Tulip One-Step 12-Color Tie-Dye Kit is the top choice.
What to know before you buy a tie-dye it
What clothes can I tie-dye?
Almost any article of clothing can be tie-dyed, from shirts and handkerchiefs to hats and even pillowcases. Fabrics like cotton and linen are commonly used with a tie-dye kit because they absorb most, but nearly any natural fiber can be dyed.
How to tie-dye clothes
Always follow the instructions included in your tie-dye kit, as exact application steps can vary.
-
Clean your work area: The dye found in tie-dye kits can easily stain tabletops and furniture, so take the kit outside or prepare your area by laying down newspaper or plastic bags. Gloves are also recommended, so the dye doesn’t stain your hands.
- Pre-soak the garment: Most kits come with a soda ash solution used before dying to help set the ink. Read the instructions for exact pre-soak times.
- Twist and tie: Once your garment is pre-soaked, twist the fabric tightly and secure it with rubber bands. The twisting is what produces the iconic tie-dye look.
- Use the dye: Prepare the dye by following your kit’s instructions and use an applicator to add color.
- Allow your dye to set: The exact time needed to set the dye typically depends on the quality of your kit.
- Rinse and enjoy: The final step is to rinse any excess dye and admire your colorful creation! For best results, air dry your finished garments.
- Soak in vinegar (optional): Many fans of the craft recommend soaking your new tie-dye garments in a mixture of equal parts vinegar and water to lock in the color.
What to look for in a quality tie-dye kit
Items in a tie-dye kit
Tie-dye kits almost always have everything you need to make colorful clothing at home, but the exact accessories and tools can vary. Look for a kit that includes at least some of the following items:
- Dye: While every tie-dye kit should come with at least a few dye options, some products will specialize in certain fun colors like pastel or neon. The more you’re willing to spend on a kit, the more colors you’re likely to receive.
- Applicators: These small bottles hold the dye and usually have a pointed tip for design precision.
- Ties: Often found in the form of rubber bands, small ties are used to secure the twisted fabric during the dying process.
- Instructions: Every product is different, so make sure your kit contains detailed instructions to achieve the best results. Instruction booklets can also include fun design ideas and patterns.
- Soda ash solution: Also known as fixer, a soda ash solution is used to soak the fabric before the dying process begins. Many modern kits don’t require this solution, so don’t worry if your kit doesn’t have it.
How much you can expect to spend on a tie-dye kit
Tie-dye kits are usually affordable, but prices can vary slightly depending on accessories and how many dyes are included. Most people can expect to spend around $10-$30 for a solid kit with multiple colors of dye.
Tie-dye kit FAQ
How do I wash tie-dye clothing?
A. The first time you wash your tie-dye garment, run it through a cold cycle with no other items and hang it to dry. After that, you can wash the garment with your regular loads of laundry.
Can kids use a tie-dye kit?
A. Yes. Tie-dying clothes can be a fun activity for any kid over the age of eight. To avoid a mess, wear gloves and spread newspaper or a plastic tarp onto your work surface.
What’s the best tie-dye kit to buy?
Top tie-dye kit
Tulip One-Step 12-Color Tie Dye Kit
What you need to know: This popular kit comes with twelve dyes and easy-to-use applicator bottles.
What you’ll love: Great for small parties and gatherings, this simple tie-dye kit only requires water to activate. No soda ash pre-soak is needed. The instruction booklet also comes with eight design ideas.
What you should consider: The applicator bottles are a little small, and colors fade more quickly than advertised.
Where to buy: Sold by Amazon
Top tie-dye kit for the money
Just My Style Pretty Pastel Tie Dye Kit
What you need to know: Pastel dyes can be tricky to find, so this affordable kit is popular among tie-dye artists.
What you’ll love: Including fun pastel colors like pink, orange and teal, this affordable kit produces tie-dye garments that hold on to color for a longer time than comparably-priced kits. The instructions are fully illustrated and include design ideas.
What you should consider: The pastel dye may produce lighter colors than what some users expected.
Where to buy: Sold by Amazon
Tie-dye kit worth checking out
What you need to know: This versatile starter kit comes with a lot of dye and four cotton shirts.
What you’ll love: This easy tie-dye kit is huge, featuring twelve non-toxic dyes, including uncommon colors like black and light blue. There are tons of bonus accessories like two disposable tablecloths and a dozen gloves, and the instruction manual is loaded with tips and tricks.
What you should consider: Some users felt that the included T-shirts were of poor quality.
Where to buy: Sold by Amazon
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Patrick Farmer 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/br/lawn-garden-br/tools-br-lawn-garden-br/arts-crafts-br/best-tie-dye-kit/ | 2022-05-08T18:59:57Z |
KYIV, Ukraine (AP) — The Russian military sustained a major blow Thursday when the flagship of the country’s Black Sea fleet was badly damaged and its crew evacuated. Ukrainian officials said their forces hit the vessel with missiles, while Russia acknowledged a fire aboard the Moskva but no attack.
The warship named for the Russian capital was 60 to 65 nautical miles south of Odesa when the fire ignited, and the vessel was still battling flames hours later while heading east, according to a Pentagon official. The loss of the ship would be a major military setback and a devastating symbolic defeat for Moscow as its troops regroup for a renewed offensivein eastern Ukraine after retreating from much of the north, including the capital.
The Moskva was moving on its own, a senior U.S defense official said, contrary to an early report from one Ukrainian official saying the ship had sunk. The U.S. official, who spoke on condition of anonymity to discuss internal military assessments, said the Pentagon could not confirm what caused the fire.
Russia said the fire aboard the ship, which would typically have 500 sailors on board, forced the entire crew to evacuate. It later said the blaze had been contained and that the ship would be towed to port with its guided missile launchers intact.
The ship can carry 16 long-range cruise missiles, and its removal from combat would greatly reduce Russia’s firepower in the Black Sea. Regardless of the extent of the damage, any attack would represent a huge blow to Russian prestige in a war already widely seen as a historic blunder. Now entering its eighth week, Russia’s invasion has stalled because of resistance from Ukrainian fighters bolstered by weapons and other aid sent by Western nations.
Satellite photos from Planet Labs PBC show the Moskva steaming out of the port of Sevastopol on the Crimean Peninsula on Sunday. But cloud cover on Thursday made it impossible to use satellite images to locate the ship or determine its condition.
The news of the flagship’s damage overshadowed Russian claims of advances in the southern port city of Mariupol, where they have been battling the Ukrainians since the early days of the invasion in some of the heaviest fighting of the war — at a horrific cost to civilians.
Russian Defense Ministry spokesman Maj. Gen. Igor Konashenkov said Wednesday that 1,026 Ukrainian troops surrendered at a metals factory in the city. But Vadym Denysenko, adviser to Ukraine’s interior minister, rejected the claim, telling Current Time TV that “the battle over the seaport is still ongoing today.”
It was unclear how many forces were still defending Mariupol.
Russian state television broadcast footage that it said was from Mariupol showing dozens of men in camouflage walking with their hands up and carrying others on stretchers. One man held a white flag.
Mariupol’s capture is critical for Russia because it would allow its forces in the south, which came up through the annexed Crimean Peninsula, to fully link up with troops in the eastern Donbas region, Ukraine’s industrial heartland and the target of the coming offensive.
The Russian military continues to move helicopters and other equipment together for such a effort, according to a senior U.S. defense official, and it will likely add more ground combat units “over coming days.” But it’s still unclear when Russia could launch a bigger offensive in the Donbas.
Moscow-backed separatists have been battling Ukraine in the Donbas since 2014, the same year Russia seized Crimea. Russia has recognized the independenceof the rebel regions in the Donbas.
The loss of the Moskva could delay any new, wide-ranging offensive.
Maksym Marchenko, the governor of the Odesa region, across the Black Sea to the northwest of Sevastopol, said the Ukrainians struck the ship with two Neptune missiles and caused “serious damage.”
Oleksiy Arestovych, an adviser to Ukraine’s president, then said the ship sank, calling it an event of “colossal significance.” But Yuriy Sak, an adviser to Ukraine’s defense minister, later said he was unable to confirm that the ship was sunk or even hit by Ukrainian forces. He said he was aware of the comments by other Ukrainian officials but “could neither confirm nor deny” what happened.
“If or when this is confirmed, if it is confirmed, we can only have a sigh of relief because this means that fewer missiles will reach Ukrainian cities,” he told The Associated Press.
Russia’s Defense Ministry said ammunition on board detonated as a result of a fire, without saying what caused the blaze. It said the “main missile weapons” were not damaged. In addition to the cruise missiles, the warship also had air-defense missiles and other guns.
The Neptune is an anti-ship missile that was recently developed by Ukraine and based on an earlier Soviet design. The launchers are mounted on trucks stationed near the coast, and, according to the Washington-based Center for Strategic and International Studies, the missiles can hit targets up to 280 kilometers (175 miles) away. That would have put the Moskva within range, based on where the fire began.
The U.S. was not able to confirm Ukraine’s claims of striking the warship, U.S. national security adviser Jake Sullivan said Thursday. Still, he called it “a big blow to Russia.”
“They’ve had to kind of choose between two stories: One story is that it was just incompetence, and the other was that they came under attack, and neither is a particular the good outcome for them,” Sullivan told the Economic Club of Washington.
During the first days of the war, The Moskva was reportedly the warship that called on Ukrainian soldiers stationed on Snake Island in the Black Sea to surrender in a standoff. In a widely circulated recording, the soldier responds: “Russian warship, go (expletive) yourself.”
The AP could not independently verify the incident, but Ukraine and its supporters consider it an iconic moment of defiance. The country recently unveiled a postage stamp commemorating it.
Russia invaded on Feb. 24 and has lost potentially thousands of fighters. The conflict has killed untold numbers of Ukrainian civilians and forced millions more to flee.
It’s also further inflated prices at grocery stores and gasoline pumps because Ukraine and Russia are major producers of crops and energy, while dragging on the global economy. The head of the International Monetary Fund said Thursday that the war helped push the organization to downgrade economic forecasts for 143 countries.
Also Thursday, Russian authorities accused Ukraine of sending two low-flying military helicopters across the border and firing on residential buildings in the village of Klimovo in Russia’s Bryansk region, some 11 kilometers (7 miles) from the frontier. Russia’s Investigative Committee said seven people, including a toddler, were wounded.
Russia’s state security service had earlier said Ukrainian forces fired mortar rounds at a border post in Bryansk as refugees were crossing, forcing them to flee.
The reports could not be independently verified. Earlier this month, Ukrainian security officials denied that Kyiv was behind an air strike on an oil depot in the Russian city of Belgorod, some 55 kilometers (35 miles) from the border.
___
Associated Press journalists around the world contributed to this report.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/neighbors-back-ukraine-demand-accountability-for-war-crimes/ | 2022-04-14T19:45:49Z |
- Wishpond expects to achieve record revenue in the second quarter ended June 30, 2022, with annualized revenue run-rate now exceeding $20 million.
- The Company's recent cost saving initiatives and operational efficiencies will result in more than $1.0 million in annual cost savings.
- Wishpond is the recipient of three awards from Gartner recognizing the Company's innovative and easy-to-use marketing technology software products.
VANCOUVER, BC, July 20, 2022 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of marketing-focused online business solutions, is pleased to provide a business update for the second quarter of 2022.
Wishpond is expecting Q2-2022 to be the strongest quarter in the Company's history, with revenues exceeding the previous record of $4.7 million achieved in Q4-2021. The Company's growth has not been hindered to date by macroeconomic challenges such as high inflation, increasing interest rates and significant supply chain disruptions affecting other industries around the globe. Wishpond has a diversified customer base of small-medium sized businesses. The demand for the Company's products and services remains robust with organic growth over the past year largely driven by investments in Wishpond's sales and marketing teams.
Wishpond posted higher monthly recurring revenue ("MRR") in each of April, May and June compared to each month in the first quarter of 2022 and the Company continues to experience similar growth thus far in July. Based on last month's revenue in June, Wishpond's annualized revenue run-rate ("ARR") now exceeds $20 million for the first time in the Company's history.
Ali Tajskandar, Wishpond's Chairman and CEO commented, "We are thrilled with our preliminary results for the second quarter of 2022. Our sales pipeline remains robust and our revenue growth shows tremendous resilience despite the uncertain economic environment. The success we are achieving indicates that our products and services are valuable tools for our customers which they need to generate leads and sales, especially when operating in an uncertain business environment. Furthermore, I am happy to note that Wishpond expects to be cash flow positive in the second half of the year as a result of the growth we have experienced as well as the cost saving initiatives that we have implemented."
In addition to the revenue growth, the Company renewed its focus on integrating its acquisitions during the second quarter and implemented a number of cost-saving initiatives and operational efficiencies designed to conserve cash. As a result, the Company expects to realize more than $1.0 million in cost savings over the course of the next twelve months.
"The management team spent a considerable amount of time on operational and efficiency reviews during the quarter and we are very happy with the results of these efforts." said David Pais, Wishpond's CFO. "The Company is committed to a laser focus on realizing cost efficiencies while it keeps one foot on the pedal of its sales generation engine. Our financial success is predicated on doing more with less – we expect to maintain our sales growth even while we run the business cost effectively. We believe that these two objectives are not mutually exclusive."
Wishpond remains on track to implement several planned product and feature enhancements. As part of these enhancements, it recently announced a new market leading website builder product. It also previously announced improvements to its native advertising platform and its new email marketing platform.
Wishpond is also excited to announce three new awards from Gartner, one of the world's most significant platforms for business software reviews and research. Once again, Wishpond has been recognized by Gartner as a leading marketing software solution across various categories.
Wishpond has won the GetApp Category Leaders Award for content marketing - a major achievement. This means Wishpond is one of the most popular and highest-rated content marketing platforms available. Wishpond has also won the Software Advice Front Runners award, and was included in the Capterra shortlist for 2022.
These badges show that Wishpond is a powerful and well-trusted software solution for small businesses. Gartner is a premier company with an excellent reputation for picking winners, and Wishpond's recognition and success on this platform reveals just how much value the software provides its clients.
Wishpond will be having a webinar to provide an update on the business on Thursday, July 21, 2022 at 11:00 am PT (2:00 pm ET). The call will be hosted by: Ali Tajskandar, Chief Executive Officer and David Pais, CFO.
On Behalf of the Board of Directors
Per: "Ali Tajskandar"
Ali Tajskandar
Chairman and Chief Executive Officer
Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond's vision is to become the leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company offers an "all-in-one" marketing suite that provides companies with marketing, promotion, lead generation, and sales conversion capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 3,700 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions and continues to add new features and applications with great velocity. The Company employs a Software-as-a-Service (SaaS) business model where substantially all the Company's revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker "WISH", and on the OTCQX Best Market under the ticker "WPNDF". For further information, visit: www.wishpond.com.
In this press release, Wishpond has used the following terms ("Non-GAAP Financial Measures") that are not defined by International Financial Reporting Standards ("IFRS"), but are used by management to evaluate the performance of Wishpond and its business: Annualized Revenue Run-Rate ("ARR") and Monthly recurring revenue ("MRR"). These measures may also be used by investors, financial institutions and credit rating agencies to assess Wishpond's performance and ability to service debt. Non-GAAP Financial Measures do not have standardized meanings prescribed by GAAP and are therefore unlikely to be comparable to similar measures presented by other companies. Securities regulations require that Non-GAAP Financial Measures are clearly defined, qualified, and reconciled to their most comparable GAAP financial measures. Except as otherwise indicated, these Non-GAAP Financial Measures are calculated and disclosed on a consistent basis from period to period. Specific items may only be relevant in certain periods. The intent of Non-GAAP Financial Measures is to provide additional useful information to investors and analysts, and the measures do not have any standardized meaning under IFRS. The measures should not, therefore, be considered in isolation or used as a substitute for measures of performance prepared in accordance with IFRS. Other issuers may calculate Non-GAAP Financial Measures differently. Non-GAAP Financial Measures are identified and defined by Wishpond as follows:
- Annualized revenue run-rate: Annualized revenue run rate considers revenue over a number of specified recent months during the year and projects them over a 12-month period to estimate the annual revenues of the company based on recent performance.
- Monthly recurring revenue: Normalized measure of predictable monthly revenue.
Statements that are not reported financial results or other historical information are forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate, including statements about, among other things, all information with respect to the financial and operational results of the Company, current and future MRR and ARR achieved by the Company, the expected efficiencies, synergies and cost savings to be realized by the Company, as well as future plans and expected results for the operations of the Company, expectations, beliefs, plans, future operations, origination of additional targets in which the Company may hold an interest and acquisition opportunities for the Company, business and acquisition strategies, opportunities, objectives, prospects, assumptions, including those related to trends and prospects, and future events and performance. Sentences and phrases containing or modified by words such as "expect", "anticipate", "plan", "continue", "estimate", "intend", "expect", "may", "will", "project", "predict", "potential", "targets", "projects", "is designed to", "strategy", "should", "believe", "contemplate" and similar expressions, and the negative of such expressions, are not historical facts and are intended to identify forward-looking statements. Readers are cautioned to not place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by forward-looking statements. Although the Company believes that the expectations reflected in forward-looking statements in this press release are reasonable and are based on, among other things, the expectations and analysis of current market trends and opportunities of management of the Company and preliminary financial results of the Company, such forward-looking statements has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including, but not limited to, economic uncertainty and instability as a result of ongoing refinement and review of the financial statements and operations of the Company, revisions to the financial calculations and results of the Company, changes in the operations of the Company, the ongoing COVID-19 pandemic, Russia-Ukraine war, interest rate hikes instituted by various countries central banks, instability in global commodity and securities markets, shifts in consumer and institutional spending and marketing strategies, the changing global market and competition for the products and services supplied by the Company, and the additional risk factors discussed in the continuous disclosure materials of the Company which are available under the Company's profile on SEDAR at www.sedar.com. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
View original content to download multimedia:
SOURCE Wishpond Technologies Ltd. | https://www.wibw.com/prnewswire/2022/07/20/wishpond-provides-business-update-with-record-revenue-expected-q2-2022/ | 2022-07-20T12:38:22Z |
Users can now custody, trade, exchange and participate in 'Flexible Staking' and 'Fixed Income' investment products with Toncoin
SINGAPORE, July 5, 2022 /PRNewswire/ -- Matrixport, one of the world's largest digital assets financial services ecosystem, has announced support for The Open Network (TON) ecosystem across its range of crypto financial services with the listing of Toncoin on the Matrixport app.
The collaboration reflects Matrixport's ongoing commitment to grow the wider blockchain ecosystem and support the next wave of digital asset adoption. This includes the world's first institutional custody and escrow services of TON's native token Toncoin, via Cactus Custody™, Matrixport's third-party institutional custody service.
Designed by Telegram as a fully decentralized layer-1 blockchain for mass adoption and distribution, the TON network boasts ultra-fast transactions, low fees and easy-to-use dApps.
Steve Yun, Founding Member of TON Foundation, said: "Matrixport has become an integral part of the TON ecosystem. With Cactus Custody™, TON participants can now access the innovative products of TON with the maximum comfort that the crypto industry can offer. We are impressed at the quality of execution demonstrated by the Cactus Custody team and thrilled for many more cutting-edge products to come. We are grateful to be partners with Matrixport."
Cynthia Wu, Chief Operating Officer of Matrixport & Head of Cactus Custody™, said: "We are delighted to work with TON as the first custodian to support the TON blockchain and its native token, and look forward to contributing to its community. TON's heritage and roadmap, along with its strong performance, have given us confidence in its immense potential. We expect our clients to recognise its value and embrace it. Matrixport's wide range of innovative products, trading and asset management tools will help accelerate the growth of the TON ecosystem."
Toncoin holders will benefit from Matrixport's rich offerings to get more out of their Toncoin. Users can earn passive income with 'Flexible Staking' and 'Fixed Income' investment products, with transactions settled in Toncoin.
Additionally, those seeking to collateralize Toncoin can look forward to secure, transparent, and efficient institutional grade custodian services. Through Cactus Custody™, users can look forward to making instant, low-cost transfers of Toncoin, 24/7 on TON, Ethereum and BNB blockchain networks, as well as a seamless and secure connection with DeFi protocols, through Cactus Custody™'s MetaMask Institutional (MMI) integration.
About TON
TON is a third-generation proof-of-stake blockchain designed in 2018 by the Durov brothers, who are most famous for founding Telegram Messenger. The Open Network (TON) is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly. Toncoin, the native token of TON, is used for paying transaction fees, securing the blockchain through staking, deciding how the network develops, and settling payments. For more information, go to https://ton.org/
About Matrixport
Matrxiport is one of the world's largest and most trusted digital assets financial services ecosystem and forges strategic collaborations with early stage Web3 innovators, helping them build, grow and scale. With USD4B in digital assets actively managed, it provides one-stop crypto financial services to meet the emerging needs of generating long term wealth in digital assets. The company's services include Cactus Custody™, spot OTC, fixed income, structured products, lending as well as asset management.
With its mission to make crypto easy for everyone, Matrixport has a relentless focus on product innovation and offers a comprehensive suite of market leading crypto investment products. In 2021, the number of investors using its app increased by 427%, year-on-year, and the fintech company achieved pre-money unicorn valuation within two years after its inception.
Headquartered in Singapore, Matrixport serves both institutions and retail customers across Asia and Europe. The company holds licenses in Hong Kong and Switzerland. For more information, visit www.matrixport.com.
Instagram: @matrixport_
Twitter: @realMatrixport
LinkedIn: @Matrixport
View original content to download multimedia:
SOURCE Matrixport | https://www.kxii.com/prnewswire/2022/07/06/matrixport-launches-support-open-network-ton-ecosystem-amp-toncoin-native-token/ | 2022-07-06T02:47:13Z |
SALT LAKE CITY, Aug 25, 2022 /PRNewswire/ -- ClassRanked Inc, a higher education software company, announced today that it has pivoted its efforts to provide a straightforward experience for faculty and administrators, reflecting a significant change to the company's mission.
First gaining recognition as the data-centric platform aiding students with course selections, ClassRanked is shifting focus to offer seamless products to simplify and derive meaningful insights from institutional data, beginning with the development of a platform that reimagines the course evaluation process.
Conversations with university partners validated this desire, as administrators expressed a need for software that could consolidate data silos and make copious quantities of data intelligible for accreditation, promotion, and other reporting needs.
To mark these new efforts, the company is rebranding its core products and services, including an updated look to articulate ClassRanked's mission to make higher-education's data simple, meaningful, and collaborative. Along with these changes, ClassRanked is also retiring its current course selection service to signify its commitment to creating enterprise education software.
"I am incredibly proud of the work done by the entire ClassRanked team. This shift marks the start of an exciting future for the company," said Hayden Hall, founder and CEO of ClassRanked. "Educators and administrators spend precious time interacting with outdated software, attempting to manually derive insights from data. We aim to take away the busy work, enabling institutions to focus on what matters most - delivering the best educational experience possible."
About ClassRanked
ClassRanked is an education technology company headquartered in Salt Lake City, Utah. Founded at Duke University in 2018, ClassRanked's software enables institutions to make more informed decisions and unlock student voices through its straightforward course evaluation, reporting, and survey management tools.
Related Links
CONTACT: contact@classranked
View original content to download multimedia:
SOURCE ClassRanked | https://www.wibw.com/prnewswire/2022/08/25/classrankeds-new-product-initiative-highlights-change-company-strategy-mission/ | 2022-08-25T14:46:30Z |
Lynda Marshall (Pruett) Tippeconnic
Having lived an adventurous life of 81 years, Lynda Marshall (Pruett) Tippeconnic of Tulsa, Oklahoma, passed away on August 31, 2022. Born November 15, 1940, in Olney, Texas, to Clifford LaRue and Juanita (Lindley) Pruett.
Lynda spent her childhood with her grandmother and great-grandmother in the Bartlett, Texas, area, where she played basketball and cheered. Lynda then started her career at Phillips Petroleum in Borger, Texas, where she met her husband, David James Tippeconnic. Over the course of their life together, Lynda and Dave lived in Texas, France, Puerto Rico, North Carolina, Kentucky, Illinois, and Oklahoma.
Lynda’s greatest joy was spending time with her family. She was an adored and adoring wife and a loving mother to two daughters. She especially doted on her grandchildren, creating gardens for them, hosting tea parties, and baking endless loaves of banana bread. Lynda and Dave enjoyed taking family vacations and making memories with their loved ones all around the globe. Lynda filled her life with love, purpose, and fun.
For a time, you could find her driving a fire truck at a somewhat alarming speed as a volunteer firefighter. Her children never knew what stray animal they’d discover Lynda had rescued while they were at school. She enjoyed playing golf with the ladies. She was an entrepreneur, opening a clothing store, Lynda’s Pretty Clothes, in West Columbia, Texas. She enjoyed bridge luncheons and helping with most any philanthropic cause. If building houses can be considered a hobby, it was her favorite one; she enjoyed the challenge and didn’t mind the numerous decisions to be made. Nothing seemed too daunting for Lynda, even constructing an entire neighborhood in South Tulsa, Stonewall Estates. She will be dearly missed by her family and a multitude of friends.
Lynda was preceded in death by her husband of 57 years, David James Tippeconnic, her parents, sister LaJuana Daughtery, and brother Keenan Pippin. She is survived by her daughters, Marylyn Tippeconnic and Tanya Tippeconnic-Shaw; her son-in-law Conley Phipps; grandchildren, Tynan Shaw, Tierney Shaw, Mackenzie Phipps, Trey Phipps, and Mollie Phipps; siblings Susan Gonzalez, Kevin Pippin, Jeri Pippin, Hal Pippin, and Joseph Pippin.
In lieu of flowers, donations can be made in memory of Lynda Tippeconnic to StreetCats, 6520 E 60th St., Tulsa 74145. She had a love of all animals, but felines were her favorite.
A celebration of life will be held at Montereau, 6800 S Granite Ave, Tulsa, OK 74136.
September 25th, 4-6 PM.
Ninde Brookside | Mosaic Memorial, 918-742-5556, www.ninde.com
Paid Obituary | https://www.tdtnews.com/obituaries/article_f5c58cb4-2eea-11ed-8eca-e3b6c097960e.html | 2022-09-11T11:11:12Z |
Aetna CVS Health Individual and Family Plans combine the quality health insurance coverage of Aetna®, with affordable care options at CVS Pharmacy® locations to help members achieve their best health.
WOONSOCKET, R.I., Sept. 8, 2022 /PRNewswire/ -- Aetna, a CVS Health® company (NYSE: CVS), is entering the individual insurance exchange marketplace in Delaware with its Aetna CVS Health co-branded insurance product, providing affordable access to health care for more Delaware residents.
"With millions of Americans being uninsured or underinsured, our plans provide quality care, at an affordable price and the ability to conveniently access this care using virtual technology and in-person care in their communities," said Bill Ott, MD, Senior Medical Director, Delaware, Aetna. "By bridging the gap between people and the support and services they need, we can offer a human-centered approach where, when and how they need us."
With the launch of these plans, members will have access to Aetna's comprehensive network of primary care doctors, mental health providers, specialists and hospitals. Plus, convenient and affordable care that removes barriers to accessing care.
Aetna CVS Health ACA exchange products bring together the coverage of Aetna and the convenience of CVS Health. It's health insurance done differently and features:
- Quality care with Aetna's network of primary care doctors, specialists and hospitals
- Affordable care with plans that include in-network $0 virtual care*
- Care on your schedule with 24/7 access to virtual care, plus $0 walk-in visits at 1,100 MinuteClinic® locations nationwide**
"We understand that everyone has their own unique circumstances and making health care simple, easy and affordable is how we are meeting them where they are on their journey," said Michael Cole, Keystone Market President, Aetna. "We're ensuring more Delawareans – and Americans – can get access to Aetna's quality care. We are uniquely positioned to work with the member to achieve better outcomes."
The Aetna CVS Health ACA plans are comprehensive health care plans that provide care and coverage for:
- Pediatric services, including oral and vision care
- Ambulatory patient services (outpatient services)
- Emergency services
- Hospitalization
- Maternity and newborn care
- Mental health and substance use disorder services, including behavioral health treatment
- Prescription drugs
- Rehabilitative and habilitative services (those that help patients acquire, maintain, or improve skills necessary for daily functioning) and devices
- Laboratory services
- Preventive and wellness services and chronic disease management
*Members may be required to pay a cost-share based on what medical services were received and the type of provider a member visits. Please consult benefit documents for more details. Includes select services. Members enrolled in qualified high-deductible health plans must meet their deductible before receiving covered non-preventative services at no cost-share. However, such services are covered at negotiated contract rates.
** Includes select MinuteClinic services. Not all MinuteClinic services are covered. Please consult benefit documents to confirm which services are included. Members enrolled in qualified high-deductible health plans must meet their deductible before receiving covered non-preventative MinuteClinic services at no cost-share. However, such services are covered at negotiated contract rates. This benefit is not available in all states. Access to MinuteClinic and other participating walk-in clinics may vary by geography. MinuteClinic services are not available within the state of Delaware. For a complete list of participating walk-in clinics, log in to Aetna.com and use our provider search tool.
Filings in Delaware are complete. Final approval to entry is pending state and federal reviews/certifications.
About Aetna
Aetna, a CVS Health business, serves an estimated 34 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental and behavioral health plans, and medical management capabilities, Medicaid health care management services, workers' compensation administrative services and health information technology products and services. Aetna's customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, visit www.aetna.com and explore how Aetna is helping to build a healthier world.
About CVS Health
CVS Health® is the leading health solutions company, delivering care like no one else can. We reach more people and improve the health of communities across America through our local presence, digital channels and over 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that's managing chronic diseases, staying compliant with their medications or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day. Follow @CVSHealth on social media.
Media contact
Jeff Swallow
401-601-4116
swallowj@cvshealth.com
View original content to download multimedia:
SOURCE CVS Health | https://www.mysuncoast.com/prnewswire/2022/09/08/aetna-cvs-health-enter-affordable-care-act-aca-individual-insurance-exchange-marketplace-delaware-january-1-2023/ | 2022-09-08T13:44:25Z |
COLORADO SPRINGS, Colo., May 6, 2022 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) today announced its financial results for the three months ended March 31, 2022.
- Net operating revenue was $103.1 million, an increase of 42% from the three months ended March 31, 2021.
- Earnings from operations was $13.0 million, an increase of 58% from the three months ended March 31, 2021.
- Net earnings attributable to Century Casinos, Inc. shareholders was $0.2 million, an increase of 115% from the three months ended March 31, 2021.
- Adjusted EBITDA** was $23.8 million, an increase of 62% from the three months ended March 31, 2021.
- Basic and diluted earnings per share attributable to Century Casinos, Inc. shareholders were $0.01.
- Book value per share*** at March 31, 2022 was $4.85.
The COVID-19 pandemic impacted the Company's results of operations in the first half of 2021 because of closures at the Company's Canada and Poland properties during this period. The Company's casinos have varied their operations based on the governmental health and safety requirements in the jurisdictions in which they are located. Currently the Company's operations have no health and safety requirements for entry and few other COVID-19 related restrictions. The duration and ultimate impact of the COVID-19 pandemic otherwise remains uncertain.
On April 1, 2022, the Company purchased 50% of the membership interest in Smooth Bourbon, LLC ("PropCo") for approximately $95.0 million (the "PropCo Acquisition"). Pursuant to a definitive agreement and subject to approval from the Nevada Gaming Commission, the Company will purchase 100% of the membership interests in Nugget Sparks, LLC ("OpCo") for $100.0 million (subject to certain adjustments) (the "OpCo Acquisition" and together with the PropCo Acquisition, the "Acquisition"). The OpCo Acquisition is expected to occur within one year. OpCo owns and operates the Nugget Casino Resort in Sparks, Nevada and PropCo owns the real property on which the casino is located and leases the real property to OpCo for an annual rent of $15.0 million.
On April 1, 2022, the Company also entered into a Credit Agreement with Goldman Sachs Bank USA (the "Goldman Credit Agreement"). The Goldman Credit Agreement provides for a $350.0 million term loan (the "Term Loan") and a $30.0 million revolving credit facility (the "Revolving Facility"). The Company drew $350.0 million under the Term Loan and used the proceeds as well as $29.3 million of cash on hand to fund the PropCo Acquisition, to repay approximately $166.2 million outstanding under the Company's credit agreement with Macquarie ("Macquarie Credit Agreement"), to fund an escrow fund that will be used to purchase OpCo, and for related fees and expenses. The Goldman Credit Agreement replaces the Macquarie Credit Agreement. The Company did not draw on the Revolving Facility on the closing date of the PropCo acquisition.
The consolidated results for the three months ended March 31, 2022 and 2021 are as follows:
"We are very pleased with the results of the first quarter. Revenue grew in each of our three reportable segments with overall growth of 42% compared to the first quarter of 2021. All of our properties are now operating with very few COVID-19 restrictions. We maintained the 23% Adjusted EBITDA margin that we had in the fourth quarter of 2021 and increased that margin by 800 basis points compared to our first quarter 2019 Adjusted EBITDA margin of 15%," Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos remarked. "As we announced in April, we have completed the first portion of our acquisition of the Nugget Casino Resort and are excited to enter the growing Reno/Sparks Nevada market with this transaction. The addition of the Nugget is expected to grow Adjusted EBITDA of our United States segment to approximately 80% of our total Adjusted EBITDA," Messrs. Haitzmann and Hoetzinger concluded.
The table below shows the Company's reporting units and operating segments that are included in each of the Company's reportable segments as of March 31, 2022:
The Company's net operating revenue increased by $30.7 million, or 42%, for the three months ended March 31, 2022, compared to the three months ended March 31, 2021. Following is a summary of the changes in net operating revenue by reportable segment for the three months ended March 31, 2022, compared to the three months ended March 31, 2021:
The Company's earnings from operations increased by $4.8 million, or 58%, for the three months ended March 31, 2022, compared to the three months ended March 31, 2021. Following is a summary of the changes in earnings (loss) from operations by reportable segment for the three months ended March 31, 2022, compared to the three months ended March 31, 2021:
Net earnings (loss) attributable to Century Casinos, Inc. shareholders increased by $1.6 million, or 115%, for the three months ended March 31, 2022, compared to the three months ended March 31, 2021. Following is a summary of the changes in net earnings (loss) attributable to Century Casinos, Inc. shareholders by reportable segment for the three months ended March 31, 2022, compared to the three months ended March 31, 2021:
Items deducted from or added to earnings from operations to arrive at net earnings (loss) attributable to Century Casinos, Inc. shareholders include interest income, interest expense, gains (losses) on foreign currency transactions and other, income tax expense and non-controlling interests.
Adjusted EBITDA** increased by $9.1 million, or 62%, for the three months ended March 31, 2022 compared to the three months ended March 31, 2021. Following is a summary of the changes in Adjusted EBITDA** by reportable segment for the three months ended March 31, 2022 compared to the three months ended March 31, 2021:
As of March 31, 2022, the Company had $117.2 million in cash and cash equivalents compared to $107.8 million in cash and cash equivalents at December 31, 2021. As of April 1, 2022, after giving effect to the PropCo Acquisition, the Company had approximately $87.9 million in cash and cash equivalents. Cash and cash equivalents as of April 1, 2022 do not include restricted cash, which includes $100.0 million in escrow to fund the OpCo Acquisition. As of April 1, 2022, after giving effect to the Goldman Credit Agreement and repayment of the Macquarie Credit Agreement, the Company had $372.1 million in outstanding debt compared to $189.2 million in outstanding debt at December 31, 2021. The outstanding debt as of April 1, 2022 included $350.0 million related to the Term Loan under the Goldman Credit Agreement (of which $100.0 million is in escrow to fund the OpCo Acquisition), $0.2 million of bank debt related to Casinos Poland, $6.4 million of bank debt related to Century Resorts Management GmbH ("CRM"), and $15.6 million related to a long-term land lease for Century Downs Racetrack and Casino ("CDR"). The Company also has a $282.2 million long-term financing obligation under its triple net master lease ("Master Lease").
Today the Company will post a copy of its quarterly report on Form 10-Q filed with the SEC for the quarter ended March 31, 2022 on its website at www.cnty.com/investor/financials/sec-filings/. The Company will also post a presentation of the first quarter results on its website at www.cnty.com/investor/presentations/.
The Company will host its first quarter 2022 earnings conference call today, Friday, May 6, at 10:00 am EDT / 8:00 am MDT. U.S. domestic participants should dial 800-954-0695. For all international participants, please use 212-231-2939 to dial-in. Participants may listen to the call live at cc.callinfo.com/r/1b1mmo9yt0bla&eom or obtain a recording of the call on the Company's website until May 31, 2022 at www.cnty.com/investor/financials/sec-filings/.
Century Casinos, Inc. is a casino entertainment company. The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; and the Century Mile Racetrack and Casino in Edmonton, Alberta, Canada. Through its Austrian subsidiary, CRM, the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner and operator of eight casinos throughout Poland; and a 75% ownership interest in Century Downs Racetrack and Casino in Calgary, Alberta, Canada. Through its United States subsidiary, Century Nevada Acquisition, Inc., the Company owns a 50% membership interest in PropCo, which owns the land and building of OpCo in Sparks, Nevada. The Company has an agreement to purchase 100% of the membership interests related to the operations of OpCo. The Company also has an agreement to operate one ship-based casino. The Company continues to pursue other projects in various stages of development.
Century Casinos' common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.
CENTURY CASINOS, INC. AND SUBSIDIARIES
UNAUDITED SUPPLEMENTAL INFORMATION
This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management. Such forward-looking statements include, but are not limited to, statements regarding future results of operations, including statements about operating margins and Adjusted EBITDA, the impact of the current coronavirus (COVID-19) pandemic, estimates of the financial impact of COVID-19, the adequacy of cash flows from operations and available cash to meet our future liquidity needs, particularly if we cannot operate our casinos due to COVID-19 or their operations are restricted, operating efficiencies, synergies and operational performance, the prospects for and timing and costs of new projects, projects in development and other opportunities, our Goldman Credit Agreement and obligations under our Master Lease and our ability to repay our debt and other obligations, investments in joint ventures, outcomes of legal proceedings, changes in our tax provisions or exposure to additional income tax liabilities, certain plans, expectations, goals, projections, and statements about the benefits of the transaction, as well as our plans, objectives, expectations, intentions, and other statements relating to cash flow, operating results and debt repayment; the possibility that the OpCo Acquisition does not close when expected or at all because regulatory or other conditions to closing are not satisfied on a timely basis or at all; potential adverse reactions or changes to business or employee relationships, including those resulting from the completion of the Acquisition; the possibility that the anticipated benefits of the Acquisition are not realized when expected or at all and plans for our casinos and our Company. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements include, among others, the risks described in the section entitled "Risk Factors" under Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2021, and in subsequent periodic and current SEC filings we may make. Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.
View original content to download multimedia:
SOURCE Century Casinos, Inc. | https://www.kxii.com/prnewswire/2022/05/06/century-casinos-inc-announces-first-quarter-2022-results/ | 2022-05-06T11:45:09Z |
OSHKOSH, Wis., July 25, 2022 /PRNewswire/ -- Boeing's [NYSE: BA] 2022 Pilot and Technician Outlook (PTO) forecasts demand for 2.1 million new aviation personnel over the next 20 years to safely support the recovery in commercial air travel and meet rising long-term growth.
The long-term forecast shows that 602,000 pilots, 610,000 maintenance technicians and 899,000 cabin crew members will be needed to support the global commercial fleet over the next two decades. The worldwide fleet is expected to nearly double and grow to 47,080 airplanes by 2041, according to Boeing's recently released Commercial Market Outlook.
This year's PTO represents a 3.4 percent increase from 2021, excluding the Russia region, which is not forecast in this year's PTO due to sanctions that prohibit exports of aircraft manufactured in western countries and market uncertainty. China, Europe and North America represent over half of the total new personnel demand. The fastest growing regions are Africa, Southeast Asia and South Asia, with all three regions expected to grow more than 4 percent over the forecast period.
"As the commercial aviation industry recovers from the pandemic and plans for long-term growth, we anticipate a steady and increasing demand for aviation personnel, as well as the ongoing need for highly effective training," said Chris Broom, vice president, Commercial Training Solutions, Boeing Global Services. "Our customer-centric approach and digital expertise includes a commitment to delivering data driven, competency-based training and assessment solutions as well as technologies that meet the evolving needs of our customers."
New digital solutions to enhance the efficacy and efficiency of training would include immersive learning experiences and virtual learning platforms.
Projected demand for new pilots, technicians and cabin crew by global region for the next 20 years is approximately:
Learn more about the Pilot and Technician Outlook
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
Certain statements in this release may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "may," "should," "expects," "intends," "projects," "plans," "believes," "estimates," "targets," "anticipates" and similar expressions generally identify these forward-looking statements. Examples of forward-looking statements include statements relating to our future plans, business prospects, financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on expectations and assumptions that we believe to be reasonable when made, but that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict.
Many factors could cause actual results to differ materially and adversely from these forward-looking statements, including lower than planned production rates and/or delivery rates; economic conditions in the United States and globally; general market and industry conditions as they may impact us or our customers; reliance on our commercial customers, our U.S. government customers and our suppliers; the overall health of our aircraft production system, as well as the other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and we assume no obligation to update or revise any such statement, whether as a result of new information, future events or otherwise, except as required by law.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.
Contact
Jennifer Non
Boeing Global Services
Communications & Media Relations
571-344-2619
jennifer.c.non@boeing.com
View original content:
SOURCE Boeing | https://www.wibw.com/prnewswire/2022/07/25/boeing-forecasts-demand-21-million-new-commercial-aviation-personnel-enhanced-training/ | 2022-07-25T14:31:33Z |
Police: Woman who opened fire at Dallas airport shot at officer
DALLAS (AP) — A woman accused of firing several gunshots inside a Dallas airport faces a charge of aggravated assault of a public servant because she allegedly fired one round toward a police officer, according to an arrest warrant.
The officer shot and wounded Portia Odufuwa, who was taken to a hospital after Monday’s shooting at Dallas’ Love Field Airport.
Odufuwa, who had no luggage, entered the ticketing area, then went into a restroom, emerging with her hands in the pockets of a hooded sweatshirt, according to the arrest warrant. She then went toward a ticket counter and witnesses reported hearing a disturbance before she shouted, “I’m going to blow this (obscenity) up!” and pulled a handgun.
She fired two rounds in the ceiling and as she was confronted by a police officer, she fired in his direction, the arrest warrant said. The officer was not struck.
Police were set to give a Tuesday afternoon news conference on the shooting. Jail records do not list an attorney who is representing her on the charge.
Dallas police Chief Eddie Garcia has said Odufuwa was shot in her “lower extremities.” He said no one else was injured.
Airport operations at Love Field, one of the Dallas-Fort Worth-area’s two major airports, were suspended for hours and dozens of flights were canceled.
Authorities have not released a motive for the shooting, but Odufuwa has been arrested several times in recent years and has been found incompetent for trial more than once.
A judge last year found her incompetent to stand trial after she was charged with making a false report, court records show. The judge found that she wasn’t a danger to others and referred her to outpatient mental health services.
In that case, she was accused of pulling a fire alarm at a hotel after the clerk refused to extend her stay, The Dallas Morning News reported, citing police. Records show the charge was dismissed.
In 2019, she was found incompetent to stand trial after she was accused of robbing a bank in the Dallas suburb of Wylie. She underwent treatment, and court records show the case was eventually dismissed.
Also that year, she was arrested for arson after telling a police officer who had responded to a house fire in the Dallas suburb of Mesquite that she started it and was “God’s prophet,” according to a police report. She also told police she was married to singer Chris Brown, the police report said. The Dallas County district attorney’s office said that charge was rejected for lack of scientific evidence to support a conviction.
On Monday at the airport, she also was heard making comments about Brown, according to the arrest warrant.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/26/police-woman-who-opened-fire-dallas-airport-shot-officer/ | 2022-07-26T20:52:25Z |
BEIJING, July 5, 2022 /PRNewswire/ -- iQIYI, an innovative market-leading online entertainment service in China, announced on Jul. 5 the latest released interactive drama series The Lord of Losers had achieved high audience participation rate. From interactive dramas to participatory variety shows and XR concerts, iQIYI continues to push the boundary of participation with rich choices of plots and immersive settings.
It further demonstrates iQIYI's commitment to employing ever-evolving technology to enhance user experience and forge greater connection between the audience and the content.
Wider choices and more immersive experience
Released on Jun. 18 under iQIYI's LAUGN ON Theatre, The Lord of Losers is a sitcom featuring the office life of young professionals. In the interactive fifth episode "Virtual Partner," audience are invited to help make choices for the leading character as he experiences the company of the virtual character during the epidemic.
Viewers can choose the clothes for the virtual character as well as decide a major storyline. The episode has 15 optional settings with 22 achievements for the audience to accomplish in total. In addition to a wider variety of choices than existing interactive dramas, the episode has equipped each different possible ending with a unique theme song in an attempt to present more complete and immersive storytelling.
The innovative features resulted in 93% audience participation rate and an average user viewing time of over 30 minutes.
The Lord of Losers marks iQIYI's latest interactive drama series with ever-evolving features, after the likes of the first interactive drama series in the industry titled His Smile in 2019, and the widely anticipated title iPartment Season 5 in 2020.
Laying the foundation with technology
In May 2019, iQIYI introduced the Interactive Video Guideline (IVG), the world's first such framework, and Interactive Video Platform (IVP), to help content creators develop high-quality interactive entertainment experiences more conveniently and efficiently, from concept development to plot-setting.
"The guideline not only lays a good foundation for the industry, but also reduces iQIYI's cost of configuring interactive content across its ever-expanding array of content," said a representative of Interactive Content at IQIYI.
"With growing cases and experience, the content team will be able to transplant existing settings to emerging content and employ IVP with less support from technical teams," said the representative, adding some of the interactive capabilities from The Lord of Losers have been reused in the trailer for The Detectives' Adventures 2.
In addition to dramas, iQIYI has applied interactive functions to different areas, including variety shows and XR concerts. The variety show Game of Shark introduced the Shark Mode, allowing users to directly take on the identity of a character and join their favorite celebrities in collecting hidden clues and identifying the murderer. Meanwhile, iQIYI launched in March 2021 its THE9 "X-City" extended reality (XR) concert. Backed by its cutting-edge XR technologies and interactive video technology, the concert brought to life the high level of immersion and real-time interaction between THE9 and their fans.
ZHENG Xiaoyi, Vice President of iQIYI, emphasized the vital role interactive features play in offering enhanced user experience and building a well-connected community. "iQIYI will continue to develop IP content as a core business strategy, to create a fully immersive interactive experience with technology, to build stronger bond with audience with digital assets, and to build a new social universe based on users' interests."
CONTACT: iQIYI Press, press@qiyi.com
View original content to download multimedia:
SOURCE iQIYI | https://www.mysuncoast.com/prnewswire/2022/07/05/iqiyi-continues-deliver-immersive-viewing-experience-with-drama-lord-losers-hitting-high-participation-rate/ | 2022-07-05T10:21:36Z |
UScellular reports first quarter 2022 results
Published: May. 5, 2022 at 3:05 PM CDT|Updated: 56 minutes ago
2022 guidance reaffirmed
CHICAGO, May 5, 2022 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on May 6, 2022, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.uscellular.com.
United States Cellular Corporation (NYSE:USM) reported total operating revenues of $1,010 million for the first quarter of 2022, versus $1,023 million for the same period one year ago. Service revenues totaled $787 million, versus $771 million for the same period a year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $49 million and $0.57, respectively, for the first quarter of 2022 compared to $60 million and $0.69, respectively, in the same period one year ago.
"UScellular's first quarter results showed growth in retail service revenue, driven by the positive impact of ARPU," said Laurent Therivel, UScellular President and CEO. "We continue to focus on our growth areas of the business, which include prepaid, business and government, and fixed wireless. Fixed wireless gross additions increased year-over-year, and momentum continues to build in our tower business, which produced double-digit revenue growth for the first quarter.
"I continue to be impressed with the hard work and dedication of our associates, and I'd like to thank all of them for their contributions this quarter."
UScellular's current estimates of full-year 2022 results are shown below. Such estimates represent management's view as of May 5, 2022 and should not be assumed to be current as of any future date. UScellular undertakes no duty to update such estimates, whether as a result of new information, future events, or otherwise. There can be no assurance that final results will not differ materially from estimated results.
The following table reconciles EBITDA, Adjusted EBITDA and Adjusted OIBDA to the corresponding GAAP measures, Net income or Income before income taxes. In providing 2022 estimated results, UScellular has not completed the below reconciliation to Net income because it does not provide guidance for income taxes. Although potentially significant, UScellular believes that the impact of income taxes cannot be reasonably predicted; therefore, UScellular is unable to provide such guidance.
During the first quarter of 2022, UScellular repurchased 363,821 of its Common Shares for $10 million.
Conference Call Information
UScellular will hold a conference call on May 6, 2022 at 9:00 a.m. Central Time.
- Access the live call on the Events & Presentations page of investors.uscellular.com or at https://event.on24.com/wcc/r/3725342/CDC132CA9BF52C2B44DEED054F08A623
- Access the call by phone at (888)330-2384 conference ID: 1328528.
Before the call, certain financial and statistical information to be discussed during the call will be posted to investors.uscellular.com. The call will be archived on the Events & Presentations page of investors.uscellular.com.
United States Cellular Corporation provides a comprehensive range of wireless products and services, excellent customer support, and a high-quality network to customers with 4.8 million retail connections in 21 states. The Chicago-based company had 4,800 full- and part-time associates as of March 31, 2022. At the end of the first quarter of 2022, Telephone and Data Systems, Inc. owned 83 percent of UScellular. For more information about UScellular, visit uscellular.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: All information set forth in this news release, except historical and factual information, represents forward-looking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations. These statements are based on current estimates, projections, and assumptions, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Important factors that may affect these forward-looking statements include, but are not limited to: intense competition; the ability to attract people of outstanding talent throughout all levels of the organization; USM's smaller scale relative to larger competitors; the ability to obtain or maintain roaming arrangements with other carriers on acceptable terms; the ability to obtain access to adequate radio spectrum to meet current or anticipated future needs, including participation in FCC auctions; changes in demand, consumer preferences and perceptions, price competition, or churn rates; advances in technology; impacts of costs, integration problems or other factors associated with acquisitions, divestitures or exchanges of properties or wireless spectrum licenses and/or expansion of UScellular's businesses; the ability of the company to successfully construct and manage its networks; uncertainties in UScellular's future cash flows and liquidity and access to the capital markets; the ability to make payments on UScellular indebtedness or comply with the terms of debt covenants; conditions in the U.S. telecommunications industry; the value of assets and investments; the state and federal regulatory environment; pending and future litigation; cyber-attacks or other breaches of network or information technology security; potential conflicts of interests between TDS and UScellular; disruption in credit or other financial markets; deterioration of U.S. or global economic conditions; the impact, duration and severity of public health emergencies, such as the COVID-19 pandemic. Investors are encouraged to consider these and other risks and uncertainties that are more fully described under "Risk Factors" in the most recent filing of UScellular's Form 10-K, as updated by any UScellular Form 10-Q filed subsequent to such Form 10-K.
For more information about UScellular, visit: www.uscellular.com
View original content:
SOURCE United States Cellular Corporation
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/05/05/uscellular-reports-first-quarter-2022-results/ | 2022-05-05T21:01:38Z |
Report: Rents in US hit record high
Published: May. 19, 2022 at 4:40 PM EDT|Updated: 24 minutes ago
(CNN) – Renters across the U.S. are paying more to stay in their homes, and the trend looks like it will continue.
A report from realtor.com shows the national median rent for the 50 largest U.S. metropolitan areas was over $1,800 a month in April.
That’s a jump of nearly 17% from a year ago, and the highest on record.
If the trend continues, the report projects the national median rent could be more than $2,000 a month by August.
There are, however, signs of possible relief for renters. Rent growth slowed for the third straight month in April after peaking in January.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/05/19/report-rents-us-hit-record-high/ | 2022-05-19T21:04:52Z |
IRVING, Texas, May 31, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the launch of an offering of $500.0 million in aggregate principal amount of unsecured senior notes (the "notes") by Darling. The offering is subject to market and other conditions.
The notes will initially be guaranteed by all of Darling's restricted subsidiaries, other than foreign subsidiaries, that are borrowers under or that guarantee Darling's senior secured credit facilities under its Second Amended and Restated Credit Agreement dated January 6, 2014, as amended (the "Credit Agreement"). The guarantors of the notes are the same guarantors as for Darling's existing dollar-denominated notes. The gross proceeds of the notes offering are expected to be used (i) for general corporate purposes, including acquisitions, repayment of indebtedness and capital expenditures; and (ii) to pay the costs, commissions, fees, and expenses incurred in connection with the offering of the notes, (including the initial purchasers' discount). Darling may temporarily apply proceeds to reduce revolving credit indebtedness or invest in cash equivalents, U.S. government securities and other high-quality debt investments pending application of the proceeds.
The notes and related guarantees will be offered in the United States to persons reasonably believed to be "qualified institutional buyers" in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non–U.S. persons in reliance on Regulation S under the Securities Act. The notes and related guarantees will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes and related guarantees, nor shall there be any offer to sell, solicitation of an offer to buy or sale of the notes and related guarantees, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About Darling
Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates 250 plants in 17 countries and repurposes nearly 15% of the world's meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals and pet food ingredients. To learn more, visit darlingii.com. Follow us on LinkedIn.
Cautionary Statements Regarding Forward-Looking Information
This press release contains "forward-looking" statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the statements. Statements that are not statements of historical facts are "forward-looking" statements and are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Words such as "estimate," "project," "planned," "contemplate," "potential," "possible," "proposed," "intend," "believe," "anticipate," "expect," "may," "will," "would," "should," "could" and similar expressions are intended to identify "forward-looking" statements. "Forward-looking" statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. The Company cautions readers that any such "forward-looking" statements it makes are not guarantees of future performance and that actual results may differ materially from anticipated results or expectations expressed in its "forward-looking" statements as a result of a variety of factors, including many that are beyond the Company's control. These factors include, among others, existing and unknown future limitations on the ability of the Company's direct and indirect subsidiaries to make their cash flow available to the Company for payments on the Company's indebtedness or other purposes; global demands for bio-fuels and grain and oilseed commodities, which have exhibited volatility, and can impact the cost of feed for cattle, hogs and poultry, thus affecting available rendering feedstock and selling prices for the Company's products; reductions in raw material volumes available to the Company due to weak margins in the meat production industry as a result of higher feed costs, reduced consumer demand or other factors, reduced volume from food service establishments or otherwise; reduced demand for animal feed; reduced finished product prices, including a decline in fat and used cooking oil finished product prices; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs like the U.S. government's renewable fuel standard, low carbon fuel standards and tax credits for biofuels both in the United States and abroad; possible product recall resulting from developments relating to the discovery of unauthorized adulterations to food or food additives; the occurrence of 2009 H1N1 flu (initially known as "Swine Flu"), highly pathogenic strains of avian influenza (collectively known as "Bird Flu"), severe acute respiratory syndrome ("SARS"), bovine spongiform encephalopathy ("BSE"), porcine epidemic diarrhea ("PED") or other diseases associated with animal origin in the United States or elsewhere, such as the outbreak of African Swine Fever ("ASF") in China and elsewhere; the occurrence of pandemics, epidemics or disease outbreaks, such as the current novel coronavirus (COVID-19) outbreak; unanticipated costs and/or reductions in raw material volumes related to the Company's compliance with the existing or unforeseen new U.S. or foreign (including, without limitation, China) regulations (including new or modified animal feed, Bird Flu, SARS, PED, BSE, ASF or similar or unanticipated regulations) affecting the industries in which we operate or our value added products; risks associated with the DGD Joint Venture, including possible unanticipated operating disruptions and issues relating to the announced expansion project; risks and uncertainties relating to international sales and operations, including imposition of tariffs, quotas, trade barriers and other trade protections imposed by foreign countries; difficulties or a significant disruption in the Company's information systems or failure to implement new systems and software successfully, risks relating to possible third party claims of intellectual property infringement; increased contributions to the Company's pension and benefit plans, including multiemployer and employer- sponsored defined benefit pension plans as required by legislation, regulation or other applicable U.S. or foreign law or resulting from a U.S. mass withdrawal event; bad debt write-offs; loss of or failure to obtain necessary permits and registrations; continued or escalated conflict in the Middle East, North Korea, Ukraine or elsewhere; uncertainty regarding the exit of the United Kingdom from the European Union; and/or unfavorable export or import markets. These factors, coupled with volatile prices for natural gas and diesel fuel, climate conditions, currency exchange fluctuations, general performance of the United States and global economies, disturbances in world financial, credit, commodities and stock markets, and any decline in consumer confidence and discretionary spending, including the inability of consumers and companies to obtain credit due to lack of liquidity in the financial markets, among others, could cause actual results to vary materially from the "forward-looking" statements in this press release or negatively impact the Company's results of operations. Among other things, future profitability may be affected by the Company's ability to grow its business, which faces competition from companies that may have substantially greater resources than the Company. Other risks and uncertainties regarding the Company, its business and the industries in which it operates are referenced from time to time in the Company's filings with the Securities and Exchange Commission. The Company is under no obligation to (and expressly disclaims any such obligation to) update its "forward-looking" statements whether as a result of change of circumstances, new events or otherwise.
For More Information, contact:
Suann Guthrie, Vice President, Investor Relations, Sustainability and Global Communications
Suann.Guthrie@darlingii.com
(1) 469-214-8202
View original content to download multimedia:
SOURCE Darling Ingredients Inc. | https://www.wibw.com/prnewswire/2022/05/31/darling-ingredients-inc-announces-private-offering-5000-million-unsecured-senior-notes/ | 2022-05-31T13:54:28Z |
OKLAHOMA CITY, April 20, 2022 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN), the parent company of Oklahoma City-based Bank7, is pleased to announce continued recognition for outstanding performance, as we have once-again been recognized as a recipient of the annual Raymond James Community Bankers Cup award. Raymond James & Associates is an American Investment Bank and a leader in the global financial services industry. Each year, Raymond James evaluates all exchange-traded domestic banks between $500 million and $10 billion in assets, and this award recognizes the top 10% of community banks in that category. Of the 229 banks evaluated last year, BSVN was one of 23 banks to be recognized for superior performance, and the only Oklahoma-based bank to receive the award.
The award measures banks in 6 different categories, including asset quality, core deposit strength, net interest margin, efficiency ratio, return on assets, and return on equity. Thomas L. Travis, BSVN President and CEO said, "On behalf of our Board of Directors, all of our team members, and also the customers of Bank7, we thank the Raymond James Company for this award, and we are pleased to once-again be recognized as one of the nation's top performing banks."
Bank7 Corp. is a $1.4 billion bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate twelve branches serving communities in Oklahoma, Texas, and Kansas. Bank7 Corp. is listed on the Nasdaq Stock Market under the symbol of BSVN.
For more information about BSVN please visit ir.bank7.com or Bank7 at bank7.com.
Contact:
Terri Metzger
Bank7
1039 N.W. 63rd St.
Oklahoma City, OK. 73116
Ph: 405-810-8600 / terri.metzger@bank7.com
View original content to download multimedia:
SOURCE Bank7 Corp. | https://www.wibw.com/prnewswire/2022/04/20/bank7-corp-bsvn-receives-raymond-james-community-bankers-cup-top-10-us-community-banks-2021/ | 2022-04-20T15:44:04Z |
Which Adidas baseball cleats are best?
Whether you’re a budding baseball star or a casual player who participates in recreational leagues, wearing cleats is essential. Baseball cleats are designed to give you the right amount of traction and protection you need to perform at a high level.
If you’re looking to upgrade your cleats, Adidas is a brand known for its high-quality sporting gear. For example, the Adidas Men’s Adizero Afterburner 8 NWV TPU Baseball Cleats are terrific if you want durable and lightweight shoes that offer plenty of stability and ankle support.
What to know before you buy Adidas baseball cleats
Cleat type
There are three types of baseball cleats:
- Molded cleats have plastic studs and are more versatile than metal cleats, as they don’t wear out as quickly and provide excellent traction on muddy fields.
- Metal cleats offer the best traction on grass and stiff infields, but are usually more expensive and not as durable.
- Turf cleats don’t provide as much grip as metal or molded cleats, but they’re the most comfortable and flexible and the best shoes to wear on artificial surfaces.
What position do you play?
Any baseball cleat will suffice no matter what position you play, but some can be more beneficial than others if you want to optimize your performance. Outfielders spend most of their time on grass, so metal cleats are ideal for them because they don’t pick up as much grass. Molded cleats are the most common for infielders, but metal cleats can also be suitable if the infield’s surface is dry and stiff.
Size and fit
Choosing the correct size isn’t difficult as it’s very much like buying regular shoes. You should wear shoes that fit you snugly and comfortably, but it’s best to ensure that they’re not too tight as that can cause discomfort or pain. Many baseball cleats have a narrow fit and build, and while some take a bit of time to break in, it might be best to consider wider cleats if you have a broad foot.
What to look for in quality Adidas baseball cleats
Ankle cut
If you have weak ankles and want to prevent rolling them as much as possible, mid-cut or high-cut cleats are your best bet as they extend well above the ankles, creating extra support. Mid-cut and high-cut shoes are usually heavier than low-cut shoes, so although you might sacrifice some speed, the additional ankle support can help you feel more comfortable.
Material
Most baseball cleats offer excellent protection, but that depends on the materials. Cleats are usually made with synthetic leather for a durable build and some water resistance, and they also have mesh material around the front and upper for breathability.
Interchangeable cleats
Interchangeable cleats give you the freedom to switch between metal and plastic studs. They’re easy to use, often just requiring you to screw them on and off, and their versatility makes them attractive for players who want to enhance their performance for both training and in-game purposes.
How much you can expect to spend on Adidas baseball cleats
If you’re looking for a reliable pair of cleats, you can find something for $50-$100. Cleats made with more durable materials or engineered with the latest performance technology can cost $100-$160.
Adidas baseball cleats FAQ
How are baseball cleats different from soccer and football cleats?
A. Baseball cleats have different stud patterns than soccer cleats. Football cleats are generally heavier, and although they can be used for baseball, they might slow you down due to their bulkier build.
How do you clean baseball cleats?
A. Smack your cleats together to remove any mud and other debris, then use a washcloth or old toothbrush with a laundry detergent and water solution to remove any stains.
What are the best Adidas baseball cleats to buy?
Top Adidas baseball cleats
Adidas Men’s Adizero Afterburner 8 NWV TPU Baseball Cleats
What you need to know: These mid-cut shoes offer excellent ankle support and are ideal for those looking for durable, spikeless cleats.
What you’ll love: These shoes are available in three stylish colors and have a flexible and lightweight upper made with Sprintskin. They have a thermal polyurethane outsole plate for superior grip, a midsole packed with super-light cushioning for comfort and the lacing system to give players a more locked-down fit.
What you should consider: The mid-cut ankle bootie extension makes them difficult to put on.
Where to buy: Sold by Dick’s Sporting Goods
Top Adidas baseball cleats for the money
Adidas Men’s Afterburner 6 Grail Cleats Baseball Shoe
What you need to know: These cleats have a classic Adidas look and are lightweight and flexible, making them ideal for speedy players
What you’ll love: The upper, tongue and toe point are made with durable, high-quality materials, and the molded rubber outsole has a textile lining for superior grip that lets players move with agility. They provide a locked-down feel and come in four colors.
What you should consider: They’re not suitable for those with wide feet and run small, so it’s best to purchase a size up.
Where to buy: Sold by Amazon
Worth checking out
Nike Men’s Vapor Ultrafly Elite 4 Metal Baseball Cleats
What you need to know: These metal cleats have a sleek design and are made with premium materials for a durable build.
What you’ll love: These shoes are lightweight but provide excellent protection, thanks to the overlays covering the mesh upper. The lacing system creates extra lateral support, and the soft cushioning in the midsole provides extra comfort, so your feet don’t get sore from the metal studs.
What you should consider: The studs are molded, so they can’t be replaced if damaged.
Where to buy: Sold by Dick’s Sporting Goods
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Kevin Luna 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/br/sports-fitness-br/baseball-softball-br/best-adidas-baseball-cleats/ | 2022-05-25T08:09:21Z |
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Hoth Therapeutics, Inc. (NASDAQ: HOTH), a patient-focused biopharmaceutical company, today announced today announced the company will be presenting at the Sidoti Investor Conference taking place on August 17-18, 2022.
To learn more about the Sidoti Investor Conference or register to attend visit https://www.sidoti.com/events
About Hoth Therapeutics, Inc.
Hoth Therapeutics is a clinical-stage biopharmaceutical company dedicated to develop innovative, impactful, and ground-breaking treatments with a goal to improve patient quality of life. We are a catalyst in early-stage pharmaceutical research and development, elevating drugs from the bench to pre-clinical and clinical testing. Utilizing a patient-centric approach, we collaborate and partner with a team of scientists, clinicians, and key opinion leaders to seek out and investigate therapeutics that hold immense potential to create breakthroughs and diversify treatment options. To learn more, please visit https://ir.hoththerapeutics.com/.
Investor Contact:
LR Advisors LLC
Email: investorrelations@hoththerapeutics.com
www.hoththerapeutics.com
Phone: (678) 570-6791
View original content to download multimedia:
SOURCE Hoth Therapeutics, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/12/hoth-therapeutics-announces-pipeline-presentation-2022-sidoti-investor-conference/ | 2022-08-12T19:15:10Z |
CARLSBAD, Calif. , July 12, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced Virgin Atlantic has selected Viasat's industry-leading in-flight connectivity (IFC) solution for its new Airbus A330-900 aircraft. Viasat's IFC system can enable high quality, full video streaming, browsing, messaging, social media scrolling and more to every connected device on the aircraft, operating with a level of connectivity made possible through the Company's robust satellite network capacity.
The Viasat IFC equipment will be factory-installed ("linefit") on the 16 new Virgin Atlantic Airbus A330-900s at the Airbus Center of Excellence production site in Toulouse, France, ensuring in-flight internet service is available on each aircraft upon delivery. Virgin Atlantic's fleet of Airbus A330-900s is scheduled to enter service with intercontinental flights between the Americas and the United Kingdom in the second half of this year.
Viasat's ability to deliver an exceptional internet experience on Virgin Atlantic's new fleet will be enabled, in part, by two factors: industry-leading capacity across Viasat's planned global satellite network and the Company's ability to leverage that capacity efficiently. The critical challenge to great connectivity in aviation is that passenger demand is exponentially higher in the most heavily concentrated geographical areas, such as large airport hub cities (London and New York, for example) and busy flight corridors. The adaptability of Viasat's satellite network is designed to meet this demand density challenge with ample capacity, which is critical to address the continually rising data requirements of the most bandwidth intensive applications of the internet.
Don Buchman, Viasat's vice president and general manager, Commercial Aviation, added, "We're thrilled that Virgin Atlantic – an airline with innovation and customer service at its core -- has chosen Viasat as its IFC partner on its new Airbus aircraft. We have a strong history of delivering quality IFC on long-haul flights and look forward to bringing our technology and service capabilities to Virgin Atlantic and its customers."
How connectivity will work onboard Virgin Atlantic's Airbus A330-900s
Fast in-flight internet connections are made possible by connecting passenger devices directly to Viasat's network of owned and partner Ka-band satellites. Viasat's onboard equipment on Virgin Atlantic's new aircraft is designed to be forward-compatible with the Company's next-generation satellite constellation, ViaSat-3, offering Virgin Atlantic additional capacity and expanded global coverage.
More information on Viasat's commercial aviation solutions can be found here.
About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include among others, statements related to Viasat and Virgin Atlantic's relationship; the introduction of Viasat's IFC service on Virgin Atlantic's Airbus A330-900 aircraft;; the availability, capabilities and performance of the Viasat in-flight internet equipment; the number of aircraft, location of service, and the timing to connect the Virgin Atlantic fleet; the ability to direct capacity to demand; the forward compatibility of Viasat's IFC system; the satellites used to provide the service, and the expected global capacity gains that will be provided by future Viasat satellites. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: our ability to successfully implement our business plan for our broadband services on our anticipated timeline or at all; risks associated with the construction, launch and operation of the satellite(s) used to supply these services, including the effect of any anomaly, operational failure or degradation in satellite performance; contractual problems; product defects; manufacturing issues or delays; regulatory issues; changes in relationships with, or the financial condition of, key suppliers; technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and other factors affecting the aviation sector generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.
Copyright © 2022 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
View original content:
SOURCE Viasat, Inc. | https://www.wibw.com/prnewswire/2022/07/12/virgin-atlantic-selects-viasat-in-flight-connectivity-its-new-airbus-a330-900-fleet/ | 2022-07-12T18:09:44Z |
- Exro has initiated the process to obtain UL certification for its Energy Storage System (ESS), powered by its patented Battery Control System™ (BCS) technology.
- Exro's ESS is designed to maximize the lifespan of batteries in first-life and second-life, creating an option for reuse of electric cell battery packs, minimizing waste and establishing a pathway to a circular economy.
- Submission for UL certification marks a significant milestone for Exro's ESS in its path to commercialization.
- Exro is positioning itself to meet high demand for low-cost energy storage solutions for the commercial and industrial market.
CALGARY, AB, Aug. 9, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has initiated the process to obtain Underwriter Laboratories ("UL") certification for its Energy Storage System (ESS), powered by its patented Battery Control System™ (BCS) technology.
Exro's BCS technology expands the capabilities of batteries in their first and second life by enabling a greater depth of control on the cells. The technology optimizes battery packs for health and performance at the cellular level, extending battery life and permitting stationary energy storage systems to operate more safely, with less down time.
Exro's ESS has a modular design for ease of installation and utilizes modular compact inverters to replace the traditional centralized design of most energy storage systems, resulting in reduced operation and maintenance costs in commercial and industrial applications. Exro's ESS can not only maximize the lifespan of first-life batteries, but also utilize second-life batteries, creating an option for reuse of electric cell battery packs, minimizing waste and establishing a pathway to a circular economy.
The submission for UL certification marks a significant milestone for Exro's ESS in its continued path to commercialization. The submission enables the Company to secure pilot locations and proceed with in-field validations of the ESS on specific locations and comes ahead of the Company's anticipated timing. UL certifications demonstrate that products have been tested to applicable industry-wide standards. UL is widely recognized as the long-time safety science leader and the organization's expertise provides credibility to regulators and the broader marketplace.
The goal of the process is to fully certify Exro's ESS as a deployed commercial and industrial product per North American regulations and to receive UL9540A certification. The process is anticipated to take approximately nine months. Upon successful completion of the UL certification process, the Company will be able to produce and provide units to the burgeoning energy storage market. In parallel to the UL certification process, Exro will begin marketing the ESS and working to secure the first pilots and orders to ensure the commercialization and delivery of the product by Q4 2023.
"Our patented cellular level battery control offers a reliable solution to power a system that is not only cost-effective, but also helps to prevent thermal runaway making it a safe, dependable option for commercial and industrial applications," said Exro CEO Sue Ozdemir. "Energy storage in the U.S. has become a booming billion-dollar annual market, but there are not enough available batteries to meet demand due to raw materials shortages and competition with the EV market. We are maximizing battery lifespans and helping to advance battery recycling with our ESS to provide low-cost energy storage solutions that support the grid of the future."
Exro is a clean technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators, and batteries. Exro enables the application to achieve more with less energy consumed.
Exro's advanced motor control technology, the Coil DriverTM, expands the capabilities of electric powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring their technology to the electric mobility industries and beyond.
For more information visit our website at www.exro.com.
To view our Corporate Presentation visit us at www.exro.com/investors
Visit us on social media @exrotech.
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company with the Canadian securities regulators, including the Company's annual information form for the financial year ended December 31, 2021, and financial statements and related MD&A for the financial year ended December 31, 2021, filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this press release.
View original content to download multimedia:
SOURCE Exro Technologies Inc. | https://www.wibw.com/prnewswire/2022/08/09/exro-announces-submission-energy-storage-system-ul-certification/ | 2022-08-09T12:50:29Z |
2 injured when man crashes boat into floating trampoline, police say
Published: Aug. 1, 2022 at 1:31 PM EDT|Updated: 25 minutes ago
HUBBARDTON, Vt. (WCAX/Gray News) – Two people were hurt this weekend when a man crashed a boat into a floating trampoline on a lake in Vermont, police say.
According to police, two children were on the floating trampoline when Joseph Moffit drove into it with a boat.
One child was injured in addition to a man who was trying to help the children, WCAX reported.
Police believe Moffit was driving while under the influence of alcohol at the time of the crash.
He was charged with boating while intoxicated.
Copyright 2022 WCAX via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/01/2-injured-when-man-crashes-boat-into-floating-trampoline-police-say/ | 2022-08-01T17:57:01Z |
GUELPH, Ontario, June 22, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual and Special Meeting of Shareholders on June 22, 2022. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved:
1. The election of Dr. Shawn (Xiaohua) Qu, Dr. Harry E. Ruda, Mr. Andrew (Luen Cheung) Wong, Mr. Lap Tat Arthur Wong, Ms. Lauren C. Templeton, Mr. Karl E. Olsoni, Mr. Leslie Li Hsien Chang, Mr. Yan Zhuang and Dr. Huifeng Chang each as a director of the Company until the next annual meeting of shareholders of the Company or until their successors are elected or appointed;
2. The re-appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as the auditors of the Company until the close of the next annual meeting of shareholders of the Company at such remuneration as may be fixed by the directors and the authorization of the directors of the Company to fix such remuneration;
3. A special resolution authorizing and approving the continuance of the Company from the provincial jurisdiction of the Province of British Columbia under the Business Corporations Act (British Columbia) to the provincial jurisdiction of the Province of Ontario under the Business Corporations Act (Ontario).
About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 20 years, Canadian Solar has successfully delivered around 71 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 6.6 GWp in over 20 countries across the world. Currently, the Company has around 800 MWp of solar projects in operation, 5.3 GWp of projects under construction or in backlog (late-stage), and an additional 18.5 GWp of projects in pipeline (mid- to early-stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Canadian Solar Inc. Contacts
View original content:
SOURCE Canadian Solar Inc. | https://www.mysuncoast.com/prnewswire/2022/06/22/canadian-solar-inc-announces-results-2022-annual-special-meeting-shareholders/ | 2022-06-22T12:22:39Z |
CHICAGO — A single ticket bought in a Chicago suburb beat the odds and won a $1.337 billion Mega Millions jackpot.
According to megamillions.com, there was one jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in Des Plaines.
The winning numbers were: 13-36-45-57-67, Mega Ball: 14.
“We are thrilled to have witnessed one of the biggest jackpot wins in Mega Millions history,” Ohio Lottery Director Pat McDonald, the current Lead Director for the Mega Millions Consortium, said in a statement on the lottery’s website. “We’re eager to find out who won and look forward to congratulating the winner soon!”
The jackpot was the nation’s third-largest lottery prize. It grew so large because no one had matched the game’s six selected numbers since April 15. That’s 29 consecutive draws without a jackpot winner.
Lottery officials had estimated the winning take at $1.28 billion, but revised the number up to $1.337 billion on Saturday.
The total prize is for winners who choose the annuity option, paid annually over 29 years. Most winners opt for the cash option, which for Friday night’s drawing was an estimated $780.5 million.
The odds of winning the jackpot are 1 in 302.5 million.
According to the Illinois Lottery, the store that sold the ticket is a pretty big winner, too; it will receive half a million dollars just for selling the ticket. A clerk at the Speedway store who answered the phone but declined to give his name said the store has not been officially notified officially that it sold the winning ticket and that he learned about it from reporters calling for comment.
Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. The game is coordinated by state lotteries.
Illinois is among the states where winners of more than $250,000 can choose to not reveal their names and Illinois Lottery spokeswoman Emilia Mazur said the vast majority of those winners do just that.
Even lottery officials may not know for a while who won because winners don’t have to come forward straight away. And the winning ticket may have been bought by a group of people.
“We won’t know whether it’s an individual or it’s a lottery pool until the winner comes forward to claim their prize,” National Mega Millions spokeswoman Danielle Frizzi-Babb said.
Emily Irwin, managing director, Advice & Planning, at Wells Fargo’s Wealth & Investment Management, said Friday that the winner should consider keeping a low profile and resist going on an eyebrow-raising spending spree that everyone knows the winner cannot afford.
“This is not the time to start calling everybody you know, saying, ‘Hey, I have a big secret. Can you keep it?’” Irwin said.
This is necessary to avoid being inundated with requests for money.
“There are scammers and others who follow big winners,” she said, admitting that sudden wealth can put a lottery winner in physical danger.
“Privacy equals safety,” she said.
One thing the winner must do immediately is sign the ticket. That’s because if the ticket hasn’t been signed then it really isn’t yours. If the winner loses an unsigned ticket and another person finds it and signs it, the ticket now belongs to them.
Irwin suggests a step further to survive a legal battle over ownership.
“Take a Polaroid of you holding it and (put) it in a safe deposit box or somewhere else safe,” she said.
Pratik Patel, the head of Family Wealth Strategies at BMO Family Office in Chicago, said the winner should work with a financial planner to map out their future.
“I would run a Monte Carlo market simulation,” Patel said, explaining that this is an analysis of what a winner’s annual income might be and what the proceeds from various investments might be. “What you’re doing is using analytics to inform your spending.”
Frizzi-Babb agrees that talking to a financial planner is a good idea.
“I would suggest that you do that before you even set foot in a lottery office,” she said.
One expert who has worked with past lottery winners, says the winners should avoid going to the lottery office altogether, instead sending an attorney or financial adviser to preserve their anonymity — if lottery officials allow.
“There are going to be people doing everything they can to figure out who the winner is,” said Kim Kamin, who was a trusts and estates attorney for 17 years and now teaches estate planning at Northwestern University’s law school. “There are going to be many eyes watching.”
There is also a question nobody wants to answer at that particular time: What happens to the money when you die?
Irwin said don’t leave this unanswered; you must take action to ensure the bulk of your estate goes to your beneficiaries rather than the government.
“You need a manager who specializes in this and understands this world,” said Patel. “Someone making $60,000 a year might need a certain type of professional manager and they may want to switch to someone who does ultra wealth.”
Whatever the winner does, it is important to do it slowly.
“You can absolutely indulge but let’s be smart about it,” Patel said. “It’s a lot of money but until you figure out what you can afford, there are still limitations.”
For example, he said, consider chartering a private jet before diving in and buying one.
“You may be interested in owning your favorite basketball team,” he warned, “but maybe that isn’t a good idea if it uses up all your money.” | https://www.tdtnews.com/news/article_da3f566a-1026-11ed-ac39-73b44258dd0b.html | 2022-07-30T17:57:23Z |
- EBITDA OF $5.4 MILLION FOR THE SECOND QUARTER OF 2022
- ADJUSTED EBITDA OF $9.4 MILLION FOR THE SECOND QUARTER OF 2022
- NET LOSS OF $19.4 MILLION FOR THE SECOND QUARTER OF 2022
- EBITDA OF $29.7 MILLION FOR THE SIX MONTHS ENDED JUNE 30, 2022
- ADJUSTED EBITDA OF $33.6 MILLION FOR THE SIX MONTHS ENDED JUNE 30, 2022
- NET INCOME OF $2.1 MILLION FOR THE SIX MONTHS ENDED JUNE 30, 2022
- COMPANY REITERATES THAT IT EXPECTS TO OPEN 20 NEW FACILITIES BY THE END OF 2024
HOUSTON, Aug. 22, 2022 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, technology-enabled integrated healthcare delivery system comprised of 21 state-of-the-art micro hospitals in 8 states and primary care-centric, risk-bearing physician networks, today announced fiscal year 2022 2nd Quarter financial results for the three months ended June 30, 2022 and the filing of its current report on Form 10-Q for the period ended June 30, 2022 ("10-Q") with the Securities and Exchange Commission.
Financial Highlights for the Three Months Ended June 30, 2022 (Unaudited):
- Net revenue of $58.0 million.
- Net loss attributable to Nutex Health of $19.4 million. In Q2, the Company recognized a one-time non-cash charge of $18.4 million, net to income tax expense during the three months ended June 30, 2022 for the change in tax status of Nutex Health Holdco LLC and release of acquired valuation allowance of Clinigence. Additionally, the Company recognized one-time acquisition expenses of $3.9 million related to the merger of Nutex Health Holdco LLC and Clinigence Holdings, Inc. Please read "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our 10-Q.
- EBITDA of $5.4 million.
- Adjusted EBITDA of $9.4 million.
- As of June 30, 2022, the Company had total assets of $871.8 million, including cash and cash equivalents of $47.6 million.
Financial Highlights for the Six Months Ended June 30, 2022 (Unaudited):
- Net revenue of $137.2 million.
- Net income attributable to Nutex Health of $2.1 million.
- EBITDA of $29.7 million.
- Adjusted EBITDA of $33.6 million.
Note: EBITDA and Adjusted EBITDA are non-GAAP financial metrics. A reconciliation of non-GAAP to GAAP measures is included below in this earnings release.
Notes to the Financial Highlights for the Three Months Ended June 30, 2022:
- Clinigence Holdings, Inc. and Nutex Health Holdco LLC completed their merger on April 1, 2022. Therefore, the Second Quarter 2022 financial results reflect the consolidated financial results of post-merger Clinigence Holdings, Inc. and Nutex Health Holdco LLC.
- The Company recognized a one-time non-cash charge of $18.4 million, net to income tax expense during the three months ended June 30, 2022 for the change in tax status of Nutex Health Holdco LLC and release of acquired valuation allowance for Clinigence. Prior to the merger with Clinigence, Nutex Health Holdco LLC and the Nutex Subsidiaries were pass-through entities treated as partnerships for U.S. federal income tax purposes. No provision for federal income taxes was provided for these periods as federal taxes were obligations of these companies' members. After the merger, Nutex Health Holdco LLC became a wholly-owned subsidiary of Clinigence and will be included in its future consolidated corporate tax filings.
- The Company anticipates opening 20 new facilities by the end of 2024. These facilities are either under construction or in advanced planning stages. Three are expected to open in late 2022, with another 17 expected to open in 2023 and 2024. There can be no assurance that these new facilities will open in the anticipated timeframes or that they will open at all.
"In the second quarter, our management team focused on integrating our two companies post-merger," stated Jon Bates, Chief Financial Officer of Nutex Health. "We believe this integration has now been substantially completed."
"We are very proud of the hard work of our physicians, nurses, hospital staff and corporate staff to get to this stage. We continue our efforts to grow the Company while providing the best patient care possible. This philosophy dictates all of our decision making as an organization," stated Tom Vo, M.D., MBA, Chairman and Chief Executive Officer of Nutex Health. "We are also excited about our pipeline of new facilities which are either under construction or in advanced planning stages throughout the country."
"The Company has formed two new independent practice associations (IPAs), one in Houston and one in South Florida. We are actively working on contracting with primary care physicians as well as specialists. Once this phase is completed, the Company expects to contract with health insurance plans and start enrolling patients in 2023," stated Warren Hosseinion, M.D., President of Nutex Health. "We believe that our unique integrated model which combines our cloud-based data analytics platform, micro hospitals and IPAs will create long-term value for our shareholders."
For more details on the Company's Second Quarter 2022 financial results, please refer to our Quarterly Report on Form 10-Q filed with the U.S. Securities & Exchange Commission and accessible at www.sec.gov.
Non-GAAP Financial Measures
EBITDA and Adjusted EBITDA. EBITDA and Adjusted EBITDA are used as supplemental non-GAAP financial measures by management and external users of our financial statements, such as industry analysts, investors, lenders and rating agencies. We believe EBITDA and Adjusted EBITDA are useful because these measures allow us to more effectively evaluate our operating performance.
We define EBITDA as net income plus net interest expense, depreciation and amortization, and Adjusted EBITDA is further adjusted for stock-based compensation and any acquisition related costs. A reconciliation of net income to EBITDA and Adjusted EBITDA is included below. Neither EBITDA nor Adjusted EBITDA is intended to serve as an alternative to U.S. GAAP measures of performance and may not be comparable to similarly-titled measures presented by other companies.
About Nutex Health Inc.
Headquartered in Houston, Texas and founded in 2011, Nutex Health Inc. is a physician-led, technology-enabled healthcare services company with approximately 1500 employees nationwide and is partnered with over 800 physicians. The Company has two divisions: a Hospital division and a Population Health Management division. The Hospital division currently owns and operates 21 facilities in eight different states. The division implements and operates different innovative health care models, including micro hospitals, specialty hospitals and hospital outpatient departments (HOPDs). The Population Health Management division owns and operates provider networks such as Independent Physician Associations (IPAs). Through our Management Services Organizations (MSOs), we provide management, administrative and other support services to our affiliated hospitals and physician groups. Our cloud-based proprietary technology platform aggregates clinical and claims data across multiple settings, information systems and sources to create a holistic view of patients and providers, allowing us to deliver greater quality care more efficiently.
Forward-Looking Statements
Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. When used in this press release, the words or phrases "will", "will likely result," "expected to," "will continue," "anticipated," "estimate," "projected," "intend," "goal," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, many of which are beyond the control of the Company. Such uncertainties and risks include, but are not limited to, our ability to successfully execute our growth strategy, changes in laws or regulations, economic conditions, dependence on management, dilution to stockholders, lack of capital, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth and demand for products and services of the Company, newly developing technologies, the Company's ability to compete, conflicts of interest in related party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition and the ability of the Company to obtain future financing. An extensive list of factors that can affect future results are discussed in the Current Report on Form 10-Q for the period ended June 30, 2022 under the heading "Risk Factors" in Part I, Item IA thereof, and other documents filed from time to time with the Securities and Exchange Commission. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release.
View original content:
SOURCE Nutex Health, Inc. | https://www.kxii.com/prnewswire/2022/08/22/nutex-health-reports-second-quarter-2022-financial-results/ | 2022-08-22T22:28:00Z |
NEW YORK, July 14, 2022 /PRNewswire/ -- Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and teleconference information for its fourth quarter and fiscal year 2022 earnings release:
- Earnings Release: Thursday, July 21, 2022 at approximately 4:00 PM (Eastern) by public distribution and on the Company's websites at investor.scholastic.com and mediaroom.scholastic.com.
- Conference Call: Thursday, July 21, 2022 at 4:30 PM (Eastern) hosted by Peter Warwick, President and CEO and Kenneth Cleary, CFO. A live webcast of the call will be available on the "Investor Relations" page of the Scholastic Corporation's website at Online Registration. To access the conference call by phone, please go to this link (Phone Registration), and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
- Archived Webcast and Audio Replay: The archived webcast and accompanying slides will be available on the Company's website, investor.scholastic.com, shortly after the completion of the live call.
About Scholastic
For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputation as a trusted partner to educators and families, Scholastic is the world's largest publisher and distributor of children's books, a leading provider of literacy curriculum, professional services, and classroom magazines, and a producer of educational and entertaining children's media. The Company creates and distributes bestselling books and e-books, print and technology-based learning programs for pre-K to grade 12, and other products and services that support children's learning and literacy, both in school and at home. With 15 international operations and exports to 165 countries, Scholastic makes quality, affordable books available to all children around the world through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online. Learn more at www.scholastic.com.
SCHL: Financial
View original content to download multimedia:
SOURCE Scholastic Corporation | https://www.kxii.com/prnewswire/2022/07/14/scholastic-corporation-announces-date-fourth-quarter-fiscal-2022-earnings-release-teleconference/ | 2022-07-14T16:30:14Z |
Every Storyblok Certified Partner receives a $5K co-marketing budget along with other benefits
LINZ, Austria , July 14, 2022 /PRNewswire/ -- Storyblok, a headless content management system (CMS) that enables developers and marketers to deliver powerful content experiences on any digital platform, today announced the launch of its $1.5M Partner Fund. This new fund enables Storyblok to support the growth and success of its agency partners and develop co-marketing activities that evangelize a best-of-breed, headless architecture as the foundation to allow agencies to create and scale better content experiences for their clients.
The money will be distributed to partners through multiple initiatives, including a $5K budget that every Storyblok Certified Partner can use to highlight its collaboration with Storyblok in any way they want: events, guerilla marketing, content development, ad campaigns, etc. From now until September 10th, Storyblok is running a contest for Certified Partners to submit their most creative co-marketing ideas for the chance to double their dedicated budget to $10K.
In addition to the Partner Fund, Storyblok Certified Partners receive benefits such as free development spaces with Storyblok's CMS, revenue share, the ability to build custom apps, a dedicated success team, and much more.
"Partners played an important role in the growth of Storyblok during the past couple years," said Barry D'Arcy, VP of Partners at Storyblok. "We appreciate the steps they took to help us get where we are today, and so we as a partner team and Storyblok as a whole would like to pay those good deeds forward to all of our partners, both old and new. The Partner Fund is one example of how we want to support our partners' growth and boost their businesses with Storyblok. We all have stories to tell—let's do it together."
"We've seen so many great marketing initiatives around Storyblok that allowed our partners to grow," said Thomas Peham, VP of Marketing at Storyblok. "With the $1.5M Partner Fund, we not only want to help our partners with a dedicated marketing budget, but also team up with them to tell more stories at scale while shaping the future of digital storytelling together."
Get more details in the Partner Playbook, and visit the Partner Program page to learn how to become a Storyblok Certified Partner.
Resources
- View Storyblok's press kit: https://www.storyblok.com/press
- See case studies: https://www.storyblok.com/case-studies
- Learn more about Storyblok: https://www.storyblok.com
Storyblok is a headless CMS that enables developers and marketers to deliver powerful content experiences on any digital platform. Developers create flexible components that are independently managed by content teams through a collaborative visual editor and customizable workflow. Published content is delivered through an API, so changes are made once and will appear everywhere: websites, mobile, IoT, the metaverse, and beyond. This approach reduces maintenance and makes content management more efficient. Leading brands such as Adidas, Renault, and Marc O'Polo use Storyblok to manage and share their content with the world. Storyblok was named the #1 CMS for 2022 by G2.
For more information, visit https://www.storyblok.com and follow Storyblok on LinkedIn and Twitter.
Press Contact
Brandon Watts
brandon.watts@storyblok.com
View original content:
SOURCE Storyblok | https://www.wibw.com/prnewswire/2022/07/14/storyblok-launches-15m-partner-fund-help-agencies-shape-future-digital-storytelling/ | 2022-07-14T08:26:49Z |
Funds remain available for Sarasota County’s Emergency Rental Assistance Program
SARASOTA, Fla. (WWSB) - The Sarasota County Emergency Rental Assistance Program has distributed more than $11 million to aid Sarasota County residents with their rent and utilities over the course of the last year, but more help is available.
The program started accepting ERAP applications on May 5, 2021 after receiving a total of $17.2 million from the U.S. Department of the Treasury .
So far, the program has assisted 900 households with a total of 8,400 months of rent and 3,500 months of utility payments during the COVID pandemic.
After the eviction mortarium ended last August, several active eviction proceedings have been dropped because of funding provided by ERAP.
In an ongoing survey given to funded ERAP applicants, over 90 percent of respondents said receiving Sarasota County ERAP funding prevented an eviction or loss of their home and 85 percent of respondents said that receiving rental assistance allowed them to pay other critical bills.
As applications are still being accepted, Sarasota County needs the community’s help to spread the word about ERAP, encouraging those who may be eligible to visit our website at www.scgov.net/RENT. Along with calling 861-RENT or visiting scgov.net/RENT, ERAP Ambassadors continue to be available in libraries and community spaces across Sarasota County, providing in-person assistance to renters and landlords.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/01/funds-remain-available-sarasota-countys-emergency-rental-assistance-program/ | 2022-06-01T19:58:47Z |
First Alert Weather Day as heavy rain is possible on the Suncoast
SARASOTA, Fla. (WWSB) - Conditions remain in place to support numerous showers and thunderstorms streaming across the Suncoast today.
The morning commute will be calm with partly cloudy skies and, except for an isolated shower or two, should stay dry. To our north, across the Sunshine Skyway Bridge into Tampa Bay, the weather could be more active and the farther north you drive the more likely it will be to run into a downpour.
Our weather becomes wetter by the early afternoon. Embedded in widespread showers this afternoon will be a few thunderstorms. A few of these thunderstorms could become strong to severe.
The most likely time for that would be between 1-5 p.m. Total rainfall amounts will be in the 1.5″ to 3″ range or more. Due to the heavy rains yesterday the ground is nearly saturated and additional heavy rain could cause minor flooding with ponding water on some roads and filled drainage culverts.
A flood watch is in effect for coastal areas of Sarasota and Manatee.
Saturday will also be a wet day. Rains will lighten up a bit on Sunday and Monday but another bit of upper air energy will pass by on Tuesday and increase rain chances once again.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/09/first-alert-weather-day-heavy-rain-is-possible-suncoast/ | 2022-09-09T10:56:42Z |
The global toll of sudden and unexplained hepatitis in children has risen to 621 cases from 34 countries, the European Centre for Disease Prevention and Control said in an update on Thursday.
About half of those cases come from just two countries—the United States and the UK. On Thursday, investigators from both those countries said they were working diligently to get answers.
One of their first tasks has been to try to figure out whether these cases of sudden and often severe liver damage in kids represent a true increase over past years. The answer is that it depends on where you look.
The UK has better data on its hepatitis cases than many other countries because it only sees children with liver disease at three national hospitals.
"The care of these children is highly centralized," said Diedre Kelly, a professor of pediatric hepatology at the University of Birmingham, in the UK, in a press call for reporters on Thursday, which was hosted by the independent nonprofit Science Media Centre.
In an average year, Kelly says they would see about 20 children who suddenly develop hepatitis without an obvious cause for their liver inflammation. This year, they've seen 176 such cases, a nearly 8-fold increase.
That's in contrast to European countries. Kelly said she was recently part of a study that counted children's hepatitis cases at liver specialty centers across Europe, and "they saw absolutely no increase in the numbers of acute, severe hepatitis" or in liver transplants compared to previous years.
Kelly says they're still trying to figure out what that means. "Either Europe is behind us and has still got to catch up, or it's a phenomenon that's not occurring in Europe," she said.
In the United States, unexplained cases of hepatitis are not routinely reported to public health authorities, making it difficult to know whether the 180 cases under investigation here are an increase over what doctors normally see.
On a CDC call for clinicians on Thursday, Amanda Ingram, an epidemiologist with the Alabama Department of Public Health said state investigators there had seen an increase in emergency department visits across the state for children presenting with hepatitis, jaundice, and liver failure for roughly a month between November 21 and December 25, 2021. Alabama was the first state to flag a cluster of 9 unexplained hepatitis cases in children.
Investigators don't have a smoking gun. But they have been able to narrow some of the things they're looking at.
So far, they say, based on questionnaires collected from cases they've been able to rule out contact with dogs as a potential contributor to the illnesses, said Dr. Calum Semple, a pediatrician and professor of child health and outbreak medicine at the University of Liverpool.
Many of the children under study had pet dogs or reported recent contact with dogs, so that possibility was initially on the list, but after further study, researchers say it's been ruled out as a factor.
"We've looked very carefully at case control data and also those with severe disease and those without severe disease and there's no difference at all between these children regarding dog contacts," Semple said
Though Covid-19 has not been fully ruled out, it seems less and less likely to be playing a role.
"I don't think we're ruling out Covid completely," Semple said, "I'm saying I think Covid is moving down that list" of possibilities under consideration, "and adenovirus and adeno-associated viruses and other viruses like it are moving up the list," he said.
That's not to say, however, that the pandemic, with its social distancing, masks and other behavioral changes, may not have a hand in all this. It could very well be that after nearly two years of minimal exposure to infections, our immune systems are behaving differently.
Investigators in the UK are looking at the T-cell responses in affected children to see if there's some unusual activation of these immune defenders in these otherwise run-of-the-mill infections.
About 70% of children in the UK and more than half of children in the US have tested positive for adenovirus 41F in their blood, making the association hard to ignore.
But researchers aren't sure, if they tested children the same age and same sex that didn't have hepatitis, if they would find just as many with adenovirus in their blood. That's called a case-control study, and Will Irving, a professor of virology at the University of Nottingham, in the UK, said that data may be coming shortly.
"Adenovirus is the leading contender here, but we do need more data to be convinced, at least I do," said Irving.
Scientists are skeptical because adenovirus 41 isn't usually a big player when it comes to viral infections. It isn't even among the top 10 in terms of adenoviruses that make people sick every year, Ingram said.
"It's very difficult to know whether this is the cause, which instinctively we would feel it wasn't, or whether it was a trigger in the child who was susceptible for some other reason," Kelly said.
In the Alabama cases, the sickest children—those who eventually needed liver transplants—had the highest levels of adenovirus in their blood, which suggests a dose response—something researchers look for when trying to understand whether two things that are associated are linked because one has caused the other or because of pure coincidence.
Curiously, though, while many of the children test positive for adenovirus in their blood, samples of their destroyed liver tissue aren't usually finding any virus.
Researchers say they don't know what that means, but say it is unusual. When adenovirus 5 attacks the liver, for example, and you look at liver cells under a microscope.
"The liver cells are absolutely stuffed full with new adenovirus particles. So there's no question that the virus itself is infecting the hepatocytes and killing them. We do not have that link yet," Irving said.
So there are a couple of factors to consider, then, Irving said. Maybe the virus isn't acting alone. Or may it's triggering a damaging immune reaction.
In Alabama, 75% of cases—nine out of 12 children currently identified as having sudden, unexplained hepatitis--had more than one virus detected at the time of their illness.
In addition to adenovirus 41, the children tested positive for viruses known to cause upper respiratory infections including rhinovirus, enterovirus, respiratory syncytial virus (RSV), a type coronavirus OC43, human metapneumovirus, and rotavirus—which typically causes diarrhea. None were positive for a current Covid-19 infection.
What's clear from the detailed study of the children in Alabama is that the kids were very sick.
Nearly all of them had been throwing up, more than half had diarrhea and fever. Almost all had yellow in the whites of their eyes or a yellowish orange tint to their skin, a symptom called jaundice.-
Reassuringly, at least in the UK, there don't seem to be any geographical or social links between the cases, meaning the children don't know each other or live in the same areas. "It's sporadic really," Kelly says.
If the hepatitis is being caused by an infection, or infections, but there it's not happening to children in the same area, what does that mean?
Irving, the virologist, said he thinks that could mean that many, many children and maybe adults too are being infected, but for most, those infections aren't resulting in serious liver problems.
"Which then begs the question, what is special about these young children?" who are being diagnosed with liver problems, Irving said.
For that, researchers are turning to genetics to try to unravel the mystery behind these cases, with several projects already underway to study genetic traits of the affected children and their parents to see if they had any unrecognized risk factors for their liver problems.
While the puzzle of these cases is fascinating, the researchers say they're trying to keep the affected families at the center of their work.
"We mustn't forget that there's 170 families [in the UK] who are highly distressed about this mystery disease that is causing such problems with their kids, and to get a liver transplant is a life changing event," Semple said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/as-global-cases-rise-researchers-race-to-solve-puzzle-of-mysterious-hepatitis-cases-in-children/article_92cb5b7e-1aa4-5f5c-8539-bb491d2aa669.html | 2022-05-20T11:52:05Z |
BOSTON, June 15, 2022 /PRNewswire/ -- BNY Mellon Wealth Management named Tom Assad as senior client strategist. Tom works with ultra-high-net-worth families, business owners, corporate executives, private equity and hedge fund principals and their family offices, as well as foundations and endowments on their comprehensive wealth needs. Tom is based in Boston and reports to Matt Santangelo, head of Client Strategies and Business Development, New England.
Tom joins BNY Mellon Wealth Management from Wells Fargo Private Bank, where he served as senior vice president and wealth advisor. He led a team to develop tailored wealth management solutions for high-net-worth clients. Prior to that, Tom was an executive director, Private Bank at JP Morgan Chase.
"Over his more than three decades in the financial services industry, Tom has established himself as a trusted leader in the region," said Santangelo. "His emphasis on planning-based advice combined with his understanding of the complexities of high-net-worth and ultra-high-net-worth individuals and families will strengthen the delivery of our Active Wealth framework."
Tom earned a Bachelor of Arts in International Relations and a Master of Arts in Law and Diplomacy from Tufts University. He is an active member of his community and currently serves as a member of the Boston Estate Planning Council.
For more than two centuries, BNY Mellon Wealth Management has provided services to financially successful individuals and families, their family offices and business enterprises, planned giving programs, and endowments and foundations. It has $305 billion in total client assets as of March 31, 2022, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which delivers leading wealth advice across investments, banking, custody, and wealth and estate planning, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. A line of business within Wealth Management, BNY Mellon Investor Solutions includes the firm's institutional multi-asset solutions business. The Investor Solutions AUM/AUA is $28.7bn as of March 31, 2022. For more information, visit www.bnymellonwealth.com or follow us on Twitter @BNYMellonWealth.
Media Contact:
Ben Tanner
212-635-8676
Ben.Tanner@bnymellon.com
View original content to download multimedia:
SOURCE BNY Mellon Wealth Management | https://www.kxii.com/prnewswire/2022/06/15/bny-mellon-wealth-management-named-tom-assad-senior-client-strategist-boston/ | 2022-06-15T13:09:51Z |
Chris West, along with U.S. House District 2 Republican candidates Vivian Childs, Jeremy Hunt, Wayne Johnson, Rich Robertson and Paul Whitehead, are scheduled to attend a Saturday candidate’s forum at Doublegate Country Club in Albany.
ALBANY — Area voters will get to meet the six candidates vying to be the Republican nominee in U.S. House District 2 during a Saturday forum, where the office seekers will lay out their platforms and engage in a meet-and-greet before and after.
There is no charge to attend the forum, which starts at 7 p.m. at Doublegate Country Club at 3800 Old Dawson Road. A pre-forum reception runs from 5:30-6:30 p.m., with a charge of $35 per person or $60 per couple.
The forum is being presented by the Dougherty County and the Lee County Republican parties.
“The candidates are going to have an opportunity to address the group,” Bill Morehead, a Dougherty County Republican Party member, said. “They will have three minutes to give their story. (Then) the moderator is going to ask three questions.”
The candidates will be given the questions in writing and will have the opportunity to answer them in any order they choose.
The order of speakers will then be reversed with an opportunity for each to make a closing four-minute statement. Each candidate will have a total of 12 minutes of time allotted for the three segments.
The forum is probably the first time in the last three or so election cycles that all candidates in a race have been featured together, Morehead said.
“We tried to do something different this time,” he said. “We’re going to give the Republican candidates the opportunity to give their pitch to voters. I don’t think we’ve done this in a while.”
The candidates in the race are Vivian Childs, Jeremy Hunt, Wayne Johnson, Rich Robertson, Chris West and Paul Whitehead.
The winner in the May 24 primary will face the Democratic challenger, likely long-time U.S. Rep. Sanford Bishop, in the fall. Bishop is being challenged in the Democratic primary by Joseph O’Hara.
“I think the Republican nominee this year has a bona fide chance to win,” Morehead said.
After the forum, candidates will be available to speak with attendees and campaign teams and distribute campaign stickers and yard signs.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/gop-u-s-house-district-2-candidates-set-to-appear-at-albany-forum/article_9bfe5ed4-c0d8-11ec-a9b1-e707d50d4eae.html | 2022-04-20T21:56:22Z |
HONOLULU (AP) — A Hawaii couple have dropped their petition for a temporary restraining order against actor Ezra Miller, who is known for playing “The Flash” in “Justice League” films and allegedly harassed patrons of a karaoke bar in a Big Island town last month.
According to court documents, a judge dismissed the restraining order case Monday after the couple requested it.
William Dean, a lawyer who represents the couple, declined comment Tuesday on why his clients no longer want to pursue the petition that accused Miller of bursting into their bedroom and threatening them in Hilo, the same town where Miller was arrested.
A judge had granted the restraining order petition, saying it was needed to prevent future harassment and had set a hearing for Wednesday. It’s unclear if the hearing will be held now that the case is dismissed.
A judge on Tuesday granted a request by Miller’s lawyer, Francis Alcain, to postpone a hearing on a separate case involving an alleged traffic violation for Miller in Hilo until April 26 because Miller and prosecutors are in what Alcain described as “pre-negotiations” for an agreement on the two outstanding cases. Alcain did not disclose details of the potential agreement. A hearing for the arrest case is also scheduled for April 26.
In the traffic case against Miller, police were called to a dispute in downtown Hilo on March 19, where Miller was “uncooperative and refused to leave the area and continued to obstruct the sidewalk,” Hawaii Police Department Assistant Chief Kenneth Quiocho said Tuesday. Miller was cited for obstructing a highway, Quiocho said.
On March 27, police police were called to Margarita Village in Hilo, where they said Miller yelled obscenities, grabbed a mic from a singing woman and lunged at a man playing darts.
Miller was arrested and charged with disorderly conduct and harassment.
The day after Miller was released on $500 bail, the couple filed a petition for a temporary restraining order. | https://cw33.com/entertainment-news/ap-entertainment/hawaii-couple-drop-restraining-order-against-ezra-miller/ | 2022-04-13T14:28:42Z |
CALGARY, AB, June 22, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it has closed a short-term debt financing from an arm's length credit provider (the "Lender") for CAD$5 million (the "Loan"). The Company has chosen to proceed with a small debt facility at this time as the Company's proposed non-dilutive credit facilities with ConnectFirst Credit Union for CAD$30 million (as previously announced on April 18, 2022) has been delayed until July 2022. The Company issued the Lender a non-convertible subordinated secured debenture of the Company (the "Debenture").1 The Debenture matures on June 21, 2023 and bears interest at a fixed rate of 10% per annum, payable quarterly. The Company shall have a right to prepay part of or the entire principal amount of the Debentures at par plus accrued and unpaid interest at any time by providing a minimum of 5 days and a maximum 60 days notice to the Lender.
"Our first of its kind discount club model is clearly working, as evidenced by rapid same store sales growth, and has now defined us as the clear leader in the Canadian cannabis retail landscape as it continues to gain popularity in communities large and small. We want to continue building on this momentum by setting up additional Canna Cabana locations in all Canadian provinces where we operate with a goal of reaching at least 150 locations by the end of this year," said Raj Grover, President and Chief Executive Officer of High Tide. "Our due diligence with Connect First Credit Union is ongoing, and their facility is expected to close sometime in July. In the meanwhile, given our growth prospects, inbound opportunities and the current state of capital markets, we believe that securing this additional $5 million in debt is the most prudent approach for our shareholders," added Mr. Grover.
High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 126 current locations spanning Ontario, Alberta, Manitoba, and Saskatchewan. High Tide was featured in the third annual Report on Business Magazine's ranking of Canada's Top Growing Companies in 2021 and was named as one of the top 10 performing diversified industries stocks in the 2022 TSX Venture 50™. The Company is also North America's first and only cannabis discount club retailer, featuring Canna Cabana, Meta Cannabis Co., and Meta Cannabis Supply Co. banners, with additional locations under development across the country. High Tide's portfolio also includes retail kiosk and smart locker technology – Fastendr™. High Tide has been serving consumers for over a decade through its established e-commerce platforms including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com, FABCBD.com, BlessedCBD.co.uk, and BlessedCBD.de, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value.
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
For more information about High Tide, please visit www.hightideinc.com, its profile page on SEDAR at www.sedar.com, and its profile page on EDGAR at www.sec.gov.
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the Company securing the Loan and proposed credit facilities on the terms and within the timelines set out in this news release; the use of proceeds from the Loan and proposed credit facilities being utilized as outlined herein; the anticipated effects of the Loan and proposed credit facilities on the business and operations of the Company; the Company receiving all necessary approvals, including TSXV approval; the Company adding the number of additional cannabis retail store locations the Company proposes to add to the Company's business upon the timelines indicated herein; and the Company's plans to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value.
Forward-looking information in this press release are based on certain assumptions and expected future events, namely: current and future members of management will abide by the Company's business objectives and strategies from time to time established by the Company; the Company will retain and supplement its board of directors and management, or otherwise engage consultants and advisors having knowledge of the industries (or segments thereof) within which the Company may from time to time participate; the Company will have sufficient working capital and the ability to obtain the financing required in order to develop and continue its business and operations; the Company will continue to attract, develop, motivate and retain highly qualified and skilled consultants and/or employees, as the case may be; no adverse changes will be made to the regulatory framework governing cannabis, taxes and all other applicable matters in the jurisdictions in which the Company conducts business and any other jurisdiction in which the Company may conduct business in the future; the Company will be able to generate cash flow from operations, including, where applicable, distribution and sale of cannabis and cannabis products; the Company will be able to execute on its business strategy as anticipated; the Company will be able to meet the requirements necessary to obtain and/or maintain authorizations required to conduct the business; general economic, financial, market, regulatory, and political conditions, including the impact of the COVID-19 pandemic, will not negatively affect the Company or its business; the Company will be able to successfully compete in the cannabis industry; cannabis prices will not decline materially; the Company will be able to effectively manage anticipated and unanticipated costs; the Company will be able to conduct its operations in a safe, efficient and effective manner; general market conditions will be favourable with respect to the Company's future plans and goals; Cabana Club loyalty program membership will continue to increase; the Company will add the additional cannabis retail store locations to the Company's business and remain on a positive growth trajectory; the Company will complete the development of its cannabis retail stores; the Company will secure the Loan and proposed credit facilities (and will have the ability to obtain all requisite approvals) on the terms and within the timelines anticipated; the use of proceeds from the Loan and proposed credit facilities will be utilized as outlined herein; and the Company will utilize the Loan and proposed credit facilities as outlined herein.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company's inability to attract and retain qualified members of management to grow the Company's business and its operations; unanticipated changes in economic and market conditions (including changes resulting from the COVID-19 pandemic) or in applicable laws; the impact of the publications of inaccurate or unfavourable research by securities analysts or other third parties; the Company's failure to complete future acquisitions or enter into strategic business relationships; interruptions or shortages in the supply of cannabis from time to time available to support the Company's operations from time to time; unanticipated changes in the cannabis industry in the jurisdictions within which the Company may from time to time conduct its business and operations, including the Company's inability to respond or adapt to such changes; the Company's inability to secure or maintain favourable lease arrangements or the required authorizations necessary to conduct the business and operations and meet its targets; the Company's inability to secure desirable retail cannabis store locations on favourable terms; risks relating to projections of the Company's operations; the Company's inability to effectively manage unanticipated costs and expenses, including costs and expenses associated with product recalls and judicial or administrative proceedings against the Company; risk that Cabana Club loyalty program membership will decrease and/or plateau; risk that the Company will be unable to add additional cannabis retail store locations to the Company's business and remain on a positive growth trajectory; risks that the Company will be unable to complete the development of any or all of its cannabis retail stores; and risk that the Company will be unable to secure the Loan and/or proposed credit facilities and/or will be unable to utilize the Loan and/or proposed facilities on the terms and within the timelines anticipated.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
View original content to download multimedia:
SOURCE High Tide Inc. | https://www.wibw.com/prnewswire/2022/06/22/high-tide-secures-cad5-million-subordinated-debt-financing-power-continued-growth/ | 2022-06-22T11:10:33Z |
KCDC hosts kindergartners ahead of first year in school
TOPEKA, Kan. (WIBW) - The Kansas Children’s Discovery Center welcomed Topeka kids preparing for their first year of school.
They were able to enjoy play time with other kids their age at the Discovery Center’s annual Discovery Kindergarten Fair. The fair also allows parents to visit and learn about other non-profits and organizations in the community.
“It’s a really fun chance to celebrate all these kiddos going to school for the first time and make sure their caregivers get connected to resources, too,” Laura Burton, KCDC Director of Marketing, said.
The Greater Topeka Partnership works with the city’s school districts to sponsor the fair, keeping it free for families. You can learn more about the Discovery Center and other services they provide at KansasDiscovery.org.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/26/kcdc-hosts-kindergartners-ahead-first-year-school/ | 2022-07-26T03:45:42Z |
Company's antigen rapid testing kit checks for multiple viruses with results in 10-15 minutes
CLEVELAND, Aug. 9, 2022 /PRNewswire/ -- MedAir Labs President and CEO Dr. William Kedia will discuss the Solon, Ohio-based startup's innovative antigen rapid testing kit at this year's virtual Invention-Con: Inspiring and Redefining the Innovative Mindset, the United States Trademark and Patent Office's (USPTO's) annual conference for independent inventors, entrepreneurs and small business owners. Kedia will join three other innovative leaders in a panel discussion on August 11 to share how they are using technology to drive positive change.
MedAir Labs' antigen rapid testing kit checks for multiple viruses – including COVID-19 – using one nasal swab, with accuracy rivaling a PCR test and results available within 10-15 minutes. According to Kedia, the superior sensitivity and specificity of the testing kit will effectively reduce the cost of diagnosis and improve the patient experience.
"I'm grateful to have been invited to participate in such a prestigious conference and to join this exclusive inventor class recognized by the USPTO for driving innovation for humanity," said Kedia. "I believe it is a testament to the groundbreaking nature of MedAir Labs' innovative products, and I'm excited to share how we're inspiring innovation in the healthcare and life sciences fields."
The company is planning to submit an application by the end of August seeking approval from the U.S. Food and Drug Administration for the kit.
"Our antigen rapid testing kit is a game changer," said Kedia. "The way it has been developed as well as its phenomenal accuracy with results delivered in such a short timeframe makes it truly unique."
MedAir Labs plans to market the innovation as a point-of-care test administered initially at physician's offices, urgent care centers and emergency rooms, with plans to offer it over the counter in the future.
The idea to create a startup driven to develop innovative healthcare technology to improve the quality of people's lives was sparked over a firepit conversation during the height of the COVID-19 pandemic in early 2020.
MedAir Labs, which was co-founded by Kedia, Murthy Talasila and Sonny Verma, was created to develop more accurate, effective and less obtrusive solutions to assist in the global health crisis.
Kedia served as a primary care physician as president of Family Medical Care Plus, with offices in Hudson and Tallmadge, from March 2002 until February of this year when he sold the practice to focus on his role with MedAir Labs.
"The company was born out of my initial experiences with patients during the pandemic," said Kedia. "Our company is based on accurate diagnosis and prevention of disease. We're still in the startup phase but are excited for what's on the horizon."
MedAir Labs first garnered attention and accolades for its Serenio product. To learn more, visit Serenio.com.
For more information and to register to attend the USPTO's 2022 Invention-Con, visit uspto.gov/about-us/events. To learn more about MedAir Labs and its products, visit MedAirLabs.com.
About MedAir Labs
MedAir Labs is a life sciences startup based in Solon, Ohio, driven to inspire innovation in the healthcare and life sciences fields by improving people's experiences through a human-centered design approach. The company was founded during the height of the COVID-19 pandemic in 2020 to develop meaningful solutions in the areas of diagnostics and therapeutics to assist in the global health crisis. As part of its mission, MedAir Labs has invested significant resources to develop Serenio, a revolutionary patented technology that neutralizes airborne and surface coronaviruses including COVID-19; antiviral personal protective equipment (PPE) solutions; and advanced triple antigen testing kits.
CONTACT:
Murthy Talasila
216-338-2674
murthy@medairlabs.com
Bhuvana Krishnan
770-317-1895
bhuvana@medairlabs.com
View original content:
SOURCE MedAir Labs | https://www.kxii.com/prnewswire/2022/08/09/medair-labs-ceo-discuss-startups-innovative-technology-usptos-invention-con/ | 2022-08-09T17:34:30Z |
BEIJING, Sept. 2, 2022 /PRNewswire/ -- A news report from CRI Online:
Recently, a delegation of ambassadors from Brazil, Georgia, Guatemala, Italy, Mexico, Pakistan, South Korea, Spain, and the United Kingdom, as well as a delegation of online influencers and foreign media journalists, toured the Three Gorges Dam area to learn about the combined effects of the Three Gorges project in water conservancy and hydropower, clean energy and ecological protection.
After completion, the Three Gorges project has demonstrated a wide range of benefits: the risk of a flood event along the Jing Jiang River, the weakest section of the Jianghan Plain, has been raised from "one in 10 years" to "one in 100 years"; annual power generation capacity from the project exceeds 100 billion kilowatt-hours, benefiting half of China; the annual freight volume passing through the Three Gorges surpasses 100 million tons, six times higher than before construction of the reservoir, while transportation costs have been trimmed by nearly 40%, transforming the Yangtze River into a veritable "golden waterway".
The delegation climbed to the top of the Three Gorges Dam to take in a panoramic view of the wide "water highway" where cargo ships can be seen shuttling freely, turning the natural fortress of the Gorges into an open road. While standing atop the Three Gorges Dam, the visitors learned more about the role of the project in transforming the Yangtze River in terms of shipping, flood control, power generation, and water resources utilization. Celia, a video blogger from Guatemala, said, "I am deeply impressed with the ability of the Three Gorges Dam to generate electricity. I am deeply struck by the fact that it can serve as a bulwark against mega-floods while also vastly improving navigation along the huge waterway."
View original content to download multimedia:
SOURCE CRI Online | https://www.kxii.com/prnewswire/2022/09/02/international-web-influencers-visit-three-gorges-dam-area-gain-an-understanding-combined-benefits-massive-project/ | 2022-09-02T17:31:36Z |
When two separate Texas grand juries declined to indict Deshaun Watson on criminal complaints stemming from allegations of sexual assault or harassment by 24 women, it didn’t clear the three-time Pro Bowl quarterback from facing consequences from the NFL.
Watson and the Cleveland Browns found out the severity of his punishment on Monday, when he was suspended six games for violating the league’s personal conduct policy. He won’t be paid while suspended, though he won’t lose as much as he would have if the NFL had its way.
Disciplinary officer Sue L. Robinson made the decision after the NFL pushed for an indefinite suspension of at least one year and Watson’s legal team argued for no punishment during a three-day hearing that concluded June 30.
A look at the issue:
WHY WAS WATSON DISCIPLINED IF HE NEVER FACED LEGAL CHARGES?
A player does not have to be convicted or even charged with a crime to be disciplined for conduct detrimental to the league, per the collective bargaining agreement between the NFL and the NFL Players’ Association. Ezekiel Elliott, Ben Roethlisberger, Jameis Winston and Kareem Hunt are among the many players who have received suspensions for various infractions despite not being charged criminally.
Some legal experts are critical of the process.
“Normally arbitration is reserved for civil matters in workplaces, which is what makes the NFL’s investigation of criminal allegations wholly unique and, in my opinion, potentially unfair,” said attorney Amy Dash, founder of League of Justice, a website that reports on sports and the law. “The determinations create a presumption of guilt by many people in the public forum. But so far courts have not wanted to disturb the outcomes because the whole process was negotiated and agreed upon in the CBA by the players’ union reps and the league.”
Dash also noted that sometimes players are being investigated for criminal allegations in the arbitration process and they “don’t have the same protections a defendant in the criminal courts would have such as presumption of innocence, a burden to prove guilt beyond a reasonable doubt, the same rules of evidence and discovery, etc.”
But the league negotiated its disciplinary process with the union so it has the power, as an employer, to impose punishment.
WHAT WAS DIFFERENT ABOUT WATSON’S CASE?
The major difference in Watson’s case was the discipline came from an independent arbiter. The league and union agreed in the 2020 CBA that a disciplinary officer would determine whether a player violated the personal conduct policy and whether to impose discipline. Previously, NFL Commissioner Roger Goodell had the authority to do it.
This was the first case for Robinson, who was jointly appointed by the league and the union.
However, Goodell still has the right to overturn her decision if either side appeals. Per the CBA, an appeal would be heard by Goodell or a person he designates and the written decision would be final.
After learning the ruling was imminent, the NFLPA issued a joint statement with Watson on Sunday night saying they would not appeal Robinson’s ruling and urged the league to follow suit.
Goodell wasn’t directly involved in Robinson’s decision, but the league made it clear it wanted an unprecedented punishment. The NFL is well aware of public perception. Fallout from its decision in the Ray Rice case in 2014 — when the league increased its suspension only after video of the former Ravens running back hitting his fiancee emerged — led the NFL to vow it would levy harsher penalties in cases involving violence and sexual assault against women.
WHAT IS THIS COSTING WATSON?
Watson settled 23 of the civil lawsuits from 24 women alleging sexual harassment and assault during private massage therapy sessions when he played for the Houston Texans.
Watson, who signed a fully guaranteed $230 million, five-year contract, will lose only $345,000 if the suspension is unchanged because his base salary this season is $1.035 million. His $45 million signing bonus is not affected by the suspension.
After one of the grand juries declined to indict Watson in March, Harris County District Attorney Kim Ogg said: “We respect our justice process. I love the law. It’s designed to get to the truth. That’s really what people want. I don’t think as a culture we can live with injustice. Remember, a grand jury no bill is not an exoneration. People, even when they clear the criminal justice system, often face accountability and repercussions in other parts of our legal system. And so I think to determine whether justice was done in this case you’re going to have to wait and see how it all comes out on the civil side of things and then through the NFL on the administrative side of things. And then people will determine whether that’s justice.”
The administrative part has now been decided.
___
More AP NFL coverage: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/explainer-watson-discipline-didnt-require-legal-charges/ | 2022-08-01T23:25:25Z |
AP source: Giuliani interviewed for hours by 1/6 committee
WASHINGTON (AP) - Rudy Giuliani, who as a lawyer for then-President Donald Trump pushed bogus legal challenges to the 2020 election, met for hours with the House committee investigating the Jan. 6, 2021 insurrection at the U.S. Capitol, a person familiar with the interview said Saturday.
The interview with Giuliani took place virtually and lasted for much of the day on Friday, according to the person, who spoke to The Associated Press on condition of anonymity to discuss the private meeting. A spokesperson for the committee declined to comment.
Giuliani had been scheduled to meet with the committee earlier this month, but a spokesperson for the panel said that meeting was rescheduled.
The former New York mayor is seen as a critical aide for the committee, which has interviewed nearly 1,000 witnesses, including family members of Trump and advisers in his inner circle. The panel plans a series of hearings in June.
In January, the committee subpoenaed Giuliani and other members of the Trump legal team who sought to overturn election results in battleground states through lawsuits that made unsupported claims of vast election fraud. Trump’s own attorney general, William Barr, has said there were no widespread irregularities that could have affected the outcome of the race won by President Joe Biden, and judges across the country have dismissed the allegations.
At the time of the subpoena, the committee said it was seeking records and an interview with Giuliani, and that it wanted information about Giuliani’s reported encouragement of Trump to direct the seizure of voting machines and his efforts to persuade state legislators to take steps to overturn the election results.
Giuliani also spoke at the rally in front of the White House that preceded the Jan. 6 insurrection.
CNN first reported Friday’s interview with Giuliani.
____
Associated Press writer Farnoush Amiri in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/22/ap-source-giuliani-interviewed-hours-by-16-committee/ | 2022-05-22T07:37:09Z |
BATON ROUGE, La. (AP) — A pregnant Louisiana woman who was denied an abortion — even though her fetus has a rare and fatal condition — demanded on Friday that Gov. John Bel Edwards and the legislature call a special session to clarify the state’s restrictions on the procedure.
Nancy Davis, who is 15 weeks pregnant, said she will travel out of state next week for a “medically necessary” abortion. A state law currently in effect bans all abortions except if there is substantial risk of death or impairment to the woman if she continues her pregnancy and in the case of “medically futile” pregnancies. Davis, 36, and abortion-rights advocates for months have criticized the legislation as vague and confusing.
Their concerns are being echoed in numerous other states that, like Louisiana, passed so-called trigger laws when the U.S. Supreme Court overturned Roe v. Wade, the landmark 1973 decision guaranteeing a constitutional right to abortion. Roughly a dozen states currently ban abortions at all stages of pregnancy, with some allowing for narrow exceptions such as in cases of rape, incest or when the pregnant woman’s life is in danger.
“Ms. Davis was among the first women to be caught in the crosshairs of confusion due to Louisiana’s rush to restrict abortion, but she will hardly be the last,” Ben Crump, an attorney for Davis, said during a news conference held on the state’s Capitol steps Friday.
Ten weeks into Davis’ pregnancy, doctors at Woman’s Hospital in Baton Rouge diagnosed the fetus she is carrying with acrania, a rare and fatal condition in which the baby’s skull fails to form in the womb. Davis was told that if she brought the pregnancy to full term and gave birth, the baby would likely survive for a very short amount of time — anywhere from several minutes to a week. The physicians advised Davis to get an abortion, but said they could not perform the procedure.
“Basically, they said I had to carry my baby to bury my baby,” Davis said. “They seemed confused about the law and afraid of what would happen to them.”
If a doctor performs an illegal abortion in Louisiana, they could face up to 15 years in prison.
In a statement last week to news outlets, spokesperson Caroline Isemann said Woman’s Hospital was not able to comment on a specific patient, but reiterated that it is the hospital’s mission to provide the “best possible care for women” while complying with state laws and policies.
Since then, the law’s author, Sen. Katrina Jackson, and other legislators have said that Davis qualifies for an abortion and that the hospital “grossly misinterpreted” the statute. Yet in a written statement Tuesday signed by Jackson and 35 others, including nine other women, they indicated that many of them share a religious faith that would “compel us to carry this child to term.”
Davis and her attorneys said they don’t blame the doctors, but the vagueness of the law.
“The law is clear as mud,” Crump said. “Every women’s situation is different and subject to interpretation, so of course medical professionals don’t want to risk prison or to have to pay hundreds of thousands of dollars of fines for making the wrong call. Who would just take somebody’s word for it when their liberty is in jeopardy?”
A lawsuit filed by an abortion clinic in Shreveport and others has been in process since the new law took effect. The legislation has by turns been blocked and then enforced as the suit makes its way through the courts. The most recent ruling allowed enforcement of the law. Plaintiffs challenging the ban don’t deny the state can now prohibit abortions; they argue that the law’s provisions are contradictory and unconstitutionally vague.
While Davis has not filed a complaint or lawsuit, she wants Louisiana legislators to hold a special session to clarify the law. Their next regular session is scheduled for April 2023.
“Imagine how many women may be affected before (lawmakers) come back into session,” Crump said. “How many more Nancy Davises will have to endure the mental anguish and mental cruelty before the legislators clear up these vague and ambiguous laws.” | https://cw33.com/health/ap-health/ap-louisiana-woman-denied-abortion-wants-vague-ban-clarified/ | 2022-08-27T11:20:19Z |
WASHINGTON, June 24, 2022 /PRNewswire/ -- The Food and Drug Administration (FDA) has proposed a ban on menthol cigarettes, flavored cigars and vapes, Menthol Is Not A Crime has discovered the multitude of reasons why law enforcement overwhelmingly opposes the ban.
The ban will ".. give birth to yet another very profitable illicit market." In 2020 of the $203 billion cigarettes sold, 37% were menthol. "...Transitioning from a regulated market to an illicit one will lead to about $30 billion of an illicit market," said Major Neill Franklin, former Executive Director of the Law Enforcement Action Partnership (LEAP).
If the FDA bans menthol cigarettes this will "create crime," and you will get "homemade menthol cigarettes," said retired Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) Agent John Rotunno.
Charles Giblin from the Center for the Advancement of Public Safety and Security stated, "Despite the good intentions… The ban will have unintended consequences. Cross border smuggling will fill the gap of the prohibition."
Others highlighted the racist implications of the ban since more than 80% of African Americans who smoke prefer menthol cigarettes.
"Bans do not work. During the 'War on Drugs' more Black and Brown people went to jail than in all of slavery. About 90% of people targeted by stop-and-frisk were Black and Brown people," according to Former Police Chief John Dixon III of Petersburg, VA and former President of National Organization of Black Law Enforcement Executives (NOBLE).
"We are not promoting people to smoke," but "we don't want another situation like that of Eric Garner [Garner was killed by NYPD officers after they approached him on suspicion of selling single cigarettes]," said Charles Billups, founding member of the NCJP, Retired Law Enforcement Officer, and Chairperson of the New York State Grand Council of Guardians (GCGNY).
Franklin expanded, "An illicit market is even more problematic for the Black community. Law enforcement will have no option other than to aggressively enforce smuggling and smoking bans… In an effort to identify smugglers police will 'creatively interact' with citizens for minor crimes, like jaywalking, loitering, trespassing, traffic violations– using those crimes for leverage for information on their tobacco sources. This is the same tactic we use for locating guns and drugs."
The public has until August 2 to submit a written comment via the FDA website at https://www.regulations.gov/commenton/FDA-2021-N-1349-0001.
View original content:
SOURCE Menthol Is Not A Crime | https://www.wibw.com/prnewswire/2022/06/24/police-admit-menthol-cigarette-ban-will-inevitably-lead-more-racial-profiling/ | 2022-06-24T13:54:28Z |
RICHMOND, Va. (AP) — A federal ruling that gender dysphoria is covered by the Americans with Disabilities Act could help block conservative political efforts to restrict access to gender-affirming care, advocates and experts say.
A panel of the 4th U.S. Circuit Court of Appeals last week became the first federal appellate court in the country to find that the 1990 landmark federal law protects transgender people who experience anguish and other symptoms as a result of the disparity between their assigned sex and their gender identity.
The ruling could become a powerful tool to challenge legislation restricting access to medical care and other accommodations for transgender people, including employment and government benefits, advocates said.
“It’s a very important and positive ruling to increase people’s access to gender-affirming care,” said Rodrigo Heng-Lehtinen, executive director of the National Center for Transgender Equality.
The ruling is binding in the states covered by the Richmond-based 4th Circuit — Maryland, North Carolina, South Carolina, Virginia and West Virginia — but will inevitably be cited in cases in other states, said Kevin Barry, a law professor at Quinnipiac University.
The decision came in the case of a transgender woman who sued the Fairfax County sheriff in Virginia for housing her in a jail with men. The decision is not limited to transgender people challenging jail policies, but also applies broadly to all areas of society covered by disability rights law, including employment, government benefits and services and public accommodations, Barry said.
“This decision destigmatized a health condition — gender dysphoria — and it says that what Congress did in 1990 wasn’t OK,” Barry said.
The sheriff’s office did not respond to phone messages seeking comment.
Some Republican leaders who have led efforts to limit access to transition treatment for youths have labeled it a form of child abuse. Texas Gov. Greg Abbott this year, for instance, ordered the state’s child welfare agency to investigate reports of gender-affirming care for children as abuse.
A new rule in Florida restricts Medicaid coverage for gender dysphoria treatments for youths and adults. The state health agency previously released a report stating that puberty blockers, cross-sex hormones and sex reassignment surgery have not been proven safe or effective in treating gender dysphoria.
And Florida Gov. Ron DeSantis, who is widely touted as a potential 2024 Republican presidential candidate, recently tweeted that children should not be able to take puberty blockers “or mutilate their body by getting a sex change.”
But leading medical entities contradict those positions, Heng-Lehtinen said.
“This health care is under attack politically in a lot of the country, but medically all of the credible professionals involved — the American Psychiatric Association, the American Medical Association and others — have all recognized for years that this is essentially primary care,” Heng-Lehtinen said.
In the case before the 4th Circuit, Kesha Williams was initially assigned to live on the women’s side of the Fairfax County jail when she arrived in 2018.
Williams told the nurse she is transgender, has gender dysphoria and received hormone treatments for the previous 15 years. But after she explained that she had not had genital surgery, she said, she was assigned to the men’s section under a policy that inmates must be classified according to their genitals.
In her lawsuit, Williams said that she was harassed and that her prescribed hormone medication was repeatedly delayed or skipped. Deputies ignored her requests to refer to her as a woman and instead called her “mister,” “sir,” “he” or “gentleman,” she said. Her requests to shower privately and for body searches to be conducted by a female deputy were denied, she said.
A federal judge granted a motion by the sheriff’s office to dismiss the lawsuit, finding that because the Americans with Disabilities Act excluded “gender identity disorders not resulting from physical impairments,” Williams could not sue under the law.
A three-judge panel of the 4th Circuit reversed that ruling, sending the case back to U.S. District Court.
The 4th Circuit panel said in its ruling Aug. 16 that there is a distinction between gender identity disorder and gender dysphoria. The court cited advances in medical understanding that led the American Psychiatric Association to remove gender identity disorder from the current Diagnostic and Statistical Manual of Mental Disorders and to add gender dysphoria, defined in the manual as the “clinically significant distress” felt by some transgender people. Symptoms can include intense anxiety, depression and suicidal ideation.
The modern diagnosis of gender dysphoria “affirms that a transgender person’s medical needs are just as deserving of treatment and protection as anyone else’s,” Judge Diana Gribbon Motz wrote in the majority opinion.
Judge A. Marvin Quattlebaum Jr. dissented in part.
“Whether we focus on when Congress passed the ADA or look beyond to today, the distinction Williams attempts to draw between gender identity disorder and gender dysphoria fails,” Quattlebaum wrote. | https://cw33.com/news/ap-top-headlines/ap-gender-dysphoria-covered-by-disability-law-court-rules/ | 2022-08-25T12:01:48Z |
WASHINGTON, Sept. 11, 2022 /PRNewswire/ --The following statement was issued by Dan Stein, president of the Federation for American Immigration Reform (FAIR) on the 21st anniversary of the attacks of 9/11:
"On this September 11, it is important to note that the Biden administration has forgotten nearly every lesson learned on that tragic day. By loosening immigration inspections, border controls, document security, interior enforcement, and screening standards, America is no longer secure.
"The threat of state-sponsored radical Islamic terrorism is still a very clear and present danger, as we have been reminded in just the last few months. The stabbing of Salman Rushdie, the plot to kidnap former National Security Adviser John Bolton, and the attempted assassination of an Iranian dissident in Brooklyn remind us that our enemies understand our vulnerabilities and are prepared exploit them.
"As we remember the lives of the 2,977 people who were slaughtered 21 years ago, in part due to lax immigration enforcement policies, we must also recognize the even more massive loss of life going on right now as a result of the Biden administration's deliberate sabotage of border enforcement. Last year, under President Biden's watch, 36 times as many Americans, 107,622, died of drug overdoses – including 71,238 from the fentanyl that is pouring across a wide-open border.
"If we owe anything to those who died on this day 21 years ago, their families, first responders who rushed to the scenes of devastation at the Pentagon and World Trade Center, as well as the men and women who fought and died in Iraq and Afghanistan, it is to make sure that such events are never repeated on U.S. soil. Sadly, on September 11, 2022, it seems that many of the lessons of 9/11 are being forgotten."
ABOUT FAIR
Founded in 1979, FAIR is the country's largest immigration reform group. With over 3 million members and supporters nationwide, FAIR fights for immigration policies that serve national interests, not special interests. FAIR believes that immigration reform must enhance national security, improve the economy, protect jobs, preserve our environment, and establish a rule of law that is recognized and enforced.
Contact: Ron Kovach, Email: rkovach@fairus.org
View original content to download multimedia:
SOURCE Federation for American Immigration Reform (FAIR) | https://www.wibw.com/prnewswire/2022/09/11/we-commemorate-21st-anniversary-911-important-lessons-are-being-forgotten-warns-fair/ | 2022-09-11T13:49:16Z |
BOSTON, June 24, 2022 /PRNewswire/ -- Haemonetics Corporation (NYSE: HAE), a global medical technology company focused on delivering innovative medical solutions to drive better patient outcomes, today announced that it has fully commenced operations at its new manufacturing Center of Excellence in Clinton, PA. The custom-built facility occupies approximately 200,000 square feet at 1300 Clifford Ball Drive in Clinton Commerce Park near Pittsburgh International Airport. Haemonetics previously operated a manufacturing facility in nearby Leetsdale, PA since 1990.
Initial manufacturing began earlier this year at the Clinton site, where Haemonetics makes use of both resources from its previous facility in Leetsdale as well as new, advanced technology and manufacturing equipment to support demand for the production of critical disposables and consumables across Haemonetics' Plasma and Hospital businesses. The Clinton facility also incorporates several environmentally-focused features, including smart controls on the HVAC systems, a recycled compressor heat system for more efficient temperature control and a closed loop process water system that allows for free process cooling in the winter months and reduced chemical treatment needs.
"Haemonetics has been part of the Pittsburgh area for more than 30 years, and our new, state of the art Clinton facility highlights the value we place in this region and the skilled team we've developed here," said Christopher A. Simon, Haemonetics' President and Chief Executive Officer. "This facility also underscores Haemonetics' continued focus on operational excellence by investing in the resources we need to ramp up production with a quality-first mindset and deliver for our customers and the donors, patients, collection centers and hospitals counting on our solutions."
Haemonetics conducts business in more than 90 countries and has approximately 2,800 global employees, with over 250 in the Pittsburgh area. Information about available career opportunities with Haemonetics in Clinton, PA and throughout the world can be found at https://www.haemonetics.com/careers.
About Haemonetics
Haemonetics (NYSE: HAE) is a global healthcare company dedicated to providing a suite of innovative medical products and solutions for customers, to help them improve patient care and reduce the cost of healthcare. Our technology addresses important medical markets: blood and plasma component collection, the surgical suite and hospital transfusion services. To learn more about Haemonetics, visit www.haemonetics.com.
View original content to download multimedia:
SOURCE Haemonetics Corporation | https://www.kxii.com/prnewswire/2022/06/24/haemonetics-completes-move-new-manufacturing-facility-clinton-pa/ | 2022-06-24T11:57:00Z |
- Colton Herta prevails in treacherous, constantly changing conditions to win the GMR Grand Prix of Indianapolis
- Simon Pagenaud completes 1-2 result for Honda
- Marcus Ericsson claims fourth following late-race charge in heavy rain
SPEEDWAY, Ind., May 16, 2022 /PRNewswire/ -- Constantly changing weather conditions – from wet to dry, back to wet again, and finally extremely wet – made for an extremely challenging GMR Grand Prix today on the road course at the Indianapolis Motor Speedway. But at the end of two hours of intense competition, Colton Herta scored his first race win of 2022 and led fellow Honda driver Simon Pagenaud home for a 1-2 finish for the manufacturer.
Herta and his Andretti Autosport team were among the first to change from wet weather "rain" tires to "slick" dry weather tires as the track dried early in the race, and were equally quick to change back to wet weather tires as conditions warranted. A mistake-free day from both driver and team netted Herta his seventh career INDYCAR victory, and first of the 2022 season.
Behind Herta, Meyer Shank Racing's Simon Pagenaud completed a 1-2 result for Honda with a charging drive from 20th on the starting grid to second at the checkers. Equally impressive, Marcus Ericsson recovered from early-race contact – and a resulting long pit stop for repairs – to put on a late-race charge when conditions were at their worst, to finish fourth.
GMR Grand Prix of Indianapolis Honda Race Results
- 1st Colton Herta Andretti Autosport Honda
- 2nd Simon Pageaud Meyer Shank Racing Honda
- 4th Marcus Ericsson Chip Ganassi Racing Honda
- 8th Takuma Sato Dale Coyne Racing with RWR Honda
- 9th Christian Lundegaard-R Rahal Letterman Lanigan Honda
- 10th Scott Dixon Chip Ganassi Racing Honda
- 11th Alexander Rossi Andretti Autosport Honda
- 12th David Malukas-R Dale Coyne Racing with HMD Honda
- 13th Jack Harvey Rahal Letterman Lanigan Honda
- 14th Helio Castroneves Meyer Shank Racing Honda
- 16th Graham Rahal Rahal Letterman Lanigan Honda
- 19th Romain Grosjean Andretti Autosport Honda
- 20th Alex Palou Chip Ganassi Racing Honda
- 21st Devlin DeFrancesco-R Andretti Autosport Honda
- 22nd Jimmie Johnson Chip Ganassi Racing Honda
R – Rookie
Quotes
Colton Herta (#26 Andretti Autosport Honda) Finished 1st: "This is awesome! That was the hardest race I think I've ever done. [The early change to dry weather 'slick' tires] sure helped us a lot, we gained a lot of positions there. And the other [strategy] calls came at just the right time, too. Wet-to-dry; back to wet, incredible. And thank you to all the fans for sticking around in this kind of weather. Love you guys."
Simon Pagenaud (#60 Meyer Shanki Racing Honda) Finished 2nd: "Visibility was a real problem at the end, it was really difficult to drive at the end. It was really unfortunate, as the car was really good to drive, but it was so hard to see. I was looking at the [signaling] lights on the side [of the track] to find my braking points at the end. It was really tough to even finish the race. Congrats to [winner] Colton [Herta], and it was an amazing job from everyone at Meyer Shank Racing. We made the right calls on the tires, even though it was tricky, really tricky to decide. But overall, a great day for us, a really good job."
Marcus Ericsson (#8 Chip Ganassi Racing Honda) Finished 4th: "It was one of those days, you know? Just a crazy race. My car was really good in the wet, though. We made good progress at the beginning, then got spun around and had to replace the rear wing, and still had damage on the rear of the car for the rest of the race. The guys on the team made really good calls on strategy and then when the rain came again at the end, my car was great in the wet. It gave us another opportunity and I made some good moves. So P4 is a very good result."
Wayne Gross (Manager, Trackside Support, Honda Performance Development) on today's GMR Grand Prix: "This was a great result for us. We've had our chances to win some of these early-season races, but things didn't go our way. Today, when conditions were at their most challenging, Colton Herta and Andretti Autosport made all the right moves and scored a most impressive victory. Simon Pagenaud and the Meyer Shank team again showed their prowess at the Indianapolis Motor Speedway to complete an outstanding 1-2 result for Honda; and Marcus Ericsson's charge at the end – when conditions were at their worst – was inspiring. Thanks to everyone at HPD for keeping their heads down and focusing on the job at hand this weekend, and let's go on to the '500'."
Fast Facts
- The "Month of May" began this weekend at the Indianapolis Motor Speedway with the GMR Grand Prix. Held on the IMS infield road course, Saturday's 85-lap race kicked off three weeks of on-track activities leading up to the 106th running of the Indianapolis 500 on May 29.
- Prior to today's win by Colton Herta, Honda's most recent victory at the GMR Grand Prix came in 2020, when Scott Dixon and Graham Rahal scored a 1-2 finish for Honda. Honda drivers went on to win the Indianapolis 500 in both 2020 (Takuma Sato, his second '500' victory) and 2021 (Helio Castroneves, for his record-tying fourth win at the Brickyard).
- The 14 Indianapolis 500 wins by Honda at the famed Indianapolis Motor Speedway lead all other major automobile manufacturers.
Next
Activities at the Indianapolis Motor Speedway continue this week, but move to the historic 2.5-mile oval with four days of practice, starting Tuesday, followed by qualifying next weekend for the 106th running of the Indianapolis 500 on May 29.
Honda Racing social media content and video links from the GMR Grand Prix can be found on Instagram (www.instagram.com/hondaracing_hpd), Twitter (twitter.com/HondaRacing_HPD) and Facebook (www.facebook.com/HondaRacingHPD). Additional features and long-form videos can be found on the Honda Racing/HPD YouTube channel (https://www.youtube.com/HondaRacingHPDTV).
View original content to download multimedia:
SOURCE Honda Racing/HPD | https://www.wibw.com/prnewswire/2022/05/16/honda-scores-1-2-finish-wet-amp-wild-indy-road-race/ | 2022-05-16T16:16:06Z |
Home’s hidden room has big reveal on video
RENO, Nev. (KOLO/Gray News) - Justine Sidie went to visit her parents in Reno. They had just bought a new house, and her dad noticed what he thought was a fake wall in the garage.
“If you look at the window, there’s only a two-inch gap between the window and the wall and then on the outside there was like a 5-foot gap,” said Sidie.
So her dad grabbed a saw, creating a small hole in the wall. Sidie filmed the whole thing, posting what they found on TikTok.
“We cut a little hole in the wall, and I stuck my phone through the hole and we saw all these shelves,” she said.
Sidie’s TikTok went viral, and millions of people wanted to know what they found in the hidden room.
“Thousands of likes and comments and questions, and everybody was demanding for a part two,” Sidie said.
When Sidie and her dad crawled through the hole, they saw what they thought was a door.
“When we were inside, we found where there would have been a door,” she said. “You can’t see it from the garage because there’s a shelf built into the wall to block it, so it just looks like a shelf.”
Once you get inside, the space is about 5-feet wide, and six shelving units run the length of the garage. Most of the shelves were stacked high with boxes, full of food, medical supplies and survival kits.
After reaching out to a former owner of the house, Sidie’s parents guess that the room was created and stocked in the early 2000′s.
While they didn’t find anything of significant value, Sidie is ready to go back and keep searching.
“A lot of the comments were, you know, check for a shelter underground or buried stuff throughout the property,” Sidie said.
Copyright 2022 KOLO via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/06/homes-hidden-room-has-big-reveal-video/ | 2022-05-06T18:34:11Z |
Acquisition Extends BDA's Reach into the Quick Serve Restaurant, Video Game and Entertainment Categories
WOODINVILLE, Wash., June 16, 2022 /PRNewswire/ -- Bensussen Deutsch & Associates, LLC (BDA), the nation's premier Merchandise Agency™ for iconic brands including the MLB, The Home Depot and Mercedes Benz, today announced it has completed the acquisition of consumer insight and merchandise innovations agency, Idea Planet.
The acquisition provides Idea Planet with expanded global reach by broadening access to additional sourcing, manufacturing and distribution channels. The combination will allow both companies to grow their strategic merchandise and collectibles programs, while increasing support for new and existing clients through enhanced control of customer strategy, ideation, manufacturing and logistics.
"The entire Idea Planet team has a tremendous skill set in product design and developing innovative, strategy-driven merchandise campaigns that tell brand stories," said Jay Deutsch, CEO and Co-founder of BDA. "The combination of our deep creative and manufacturing resources will bring our ability to deliver merchandise collections, high-end collectibles, and turnkey direct-to-consumer sales channels to world-class levels. If our clients can dream it, we can make it come to life!"
Idea Planet, headquartered in Dallas, Texas with offices globally, is led by Mike Flecker, Mike Ableman and Kim Flecker. The company brings a deep roster of client relationships to BDA including globally recognized video game developers, including Ubisoft, Sega, Gearbox, 2K/Rockstar Games, Sony Interactive Entertainment, and consumer brand powerhouses such as Chick-Fil-A and Samsung.
"There's a natural synergy between our client rosters, and the acquisition presents an opportunity to leverage our industry's top creative forces to drive growth," said Michael Flecker, President of Idea Planet. "By aligning ourselves with a proven market leader like BDA, we gain access to proven expertise in global manufacturing and logistics. This will enable us to increase our footprint and deliver an even higher level of service to our clients."
For almost 40 years, BDA has led the market in the branded merchandise industry. From turnkey offline and online retailing solutions, high-end collectibles, innovative promotions, and sponsorship and licensing expertise, BDA is one of the world's largest promotional merchandise agencies. With offices in the United Kingdom, France, Manila, Shanghai, Shenzhen, over 40 locations in North America, and a service network around the globe, BDA is the premier choice for enterprise clients looking for a true partner for their branded merchandise.
For more information, visit www.bdainc.com.
Bensussen Deutsch & Associates, LLC (BDA) is an award-winning modern Merchandise Agency™ for iconic brands, providing customized marketing, merchandising, e-commerce and fulfillment solutions for major industry leaders across the globe, including sports and entertainment properties and Fortune 1000 enterprises. A global firm with almost 40 years of experience, BDA operates over 40 domestic and eight international offices. Clients like Dell, FedEx, The Home Depot, Johnson & Johnson, and Major League Baseball rely on BDA to activate, motivate and promote their events, employees and brands. For more information on the power of merchandise, visit www.bdainc.com.
Idea Planet is a global leader in bringing entertainment, gaming, and brand experiences to life through custom, fan-inspired, physical products that ignite fan passion. Headquartered in Dallas, Texas, with offices in Los Angeles, California and Shenzhen, China, Idea Planet has more than 20 years of experience in strategic insights and product concept, design, engineering, safety & compliance, manufacturing, quality assurance, and logistics. Visit www.ideaplanetlp.com for more information.
View original content to download multimedia:
SOURCE Bensussen Deutsch & Associates, LLC | https://www.kxii.com/prnewswire/2022/06/16/bda-acquires-dallas-based-idea-planet-part-ongoing-global-growth-plan-category-expansion-strategy/ | 2022-06-16T18:05:47Z |
New features for the Profile Navigator, Relationship Indicator, and expanded awards search capabilities will equip arbitration practitioners with faster and on-target research and actionable insights
NEW YORK, June 16, 2022 /PRNewswire/ -- Wolters Kluwer Legal & Regulatory U.S. today announced new enhancements to several tools within Kluwer Arbitration Practice Plus (KAPP). These additions will expand KAPP's capabilities to guide practitioners in finding the most suitable arbitrator or expert witness and evaluating their relationships for potential conflicts of interest as well as easily finding relevant awards to support their case.
KAPP is a practical extension to Kluwer Arbitration, the world's leading research solution for international arbitration. The Profile Navigator tool within the platform, which helps to verify the initial selection of a potential arbitrator by using data driven information, has been expanded to include expert witness and counsel profiles as well. Wolters Kluwer has also added the option to select an arbitrator, expert witness, or counsel based on specific criteria, making the selection process more inclusive by expanding the pool of usual suspects and helping to achieve a better balance regarding experience and geographical representation.
Wolters Kluwer has also made updates to the Relationship Indicator tool, which provides a comprehensive review of current and previous relationships of arbitrators, expert witnesses or other stakeholders involved in the case for potential conflicts of interest. With this latest enhancement, users can explore relationships of law firms, states, and commercial parties, so the assessment does not have to start with an individual. The enhancement provides more flexibility for exploring these relationships, as well as a broader range of results.
Users can now search more easily through Kluwer Arbitration's rich set of 6000+ commercial and investment awards, thanks to filters that Wolters Kluwer has added to the capability. The new filters assist the user to find awards based on required criteria, such as economic sector, applicable law, seat of arbitration, and more in order to receive targeted results relevant to the case.
"These additions within KAPP offer a broader range of data-driven resources for arbitration practitioners," said David Bartolone, Vice President and General Manager for the International Group within Wolters Kluwer Legal & Regulatory U.S. "With these enhanced features, we are providing our customers with more powerful research capabilities to streamline the arbitrator selection process and increase their chances of success."
To learn more, visit: https://www.wolterskluwer.com/en/solutions/kluwerarbitration/practiceplus
About Wolters Kluwer Legal & Regulatory U.S.
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Twitter, Facebook, and YouTube.
MEDIA CONTACT:
Linda Gharib
Director, Brand & Communications
Wolters Kluwer Legal & Regulatory U.S.
Tel: +1 (646) 887-7962
Email: lrusmedia@wolterskluwer.com
View original content to download multimedia:
SOURCE Wolters Kluwer Legal & Regulatory U.S. | https://www.mysuncoast.com/prnewswire/2022/06/16/wolters-kluwer-announces-suite-enhancements-kluwer-arbitration-practice-plus/ | 2022-06-16T17:18:43Z |
NEC Chooses DDN's Data Solutions for Modern Workloads to Power Advanced AI Research
CHATSWORTH, Calif., May 18, 2022 /PRNewswire/ -- DDN®, the global leader in artificial intelligence (AI) and multicloud data management solutions, today announced that NEC Corporation (NEC) has selected DDN storage for its new supercomputer dedicated to AI research.
With a raw compute performance of 580 PFLOPS, the new research supercomputer will provide data scientists at NEC with access to the largest AI-focused development environment in the industry in Japan and assist in the rapid development of advanced AI.
The AI research supercomputer relies on the DDN EXAScaler® parallel file system, which has been used in HPC environments around the world for more than 20 years, and more recently to support emerging large-scale AI use cases. The storage environment consists of multiple DDN ES400NVX EXAScaler appliances with a total capacity of 16 PB, providing 400 GB/sec read and 320 GB/sec write IO performance, and around 24 million IOPS. The AI research supercomputer's hardware system is configured with NVIDIA's A100 80GB Tensor Core GPU for processing and NVIDIA Spectrum SN3700 switches for networking, which are tightly integrated with the DDN solutions.
"NEC has been developing various advanced AI technologies such as biometric authentication, image recognition, video analysis, and data analytics. Therefore, we handle a wide variety of large-scale data, including images, video, audio, and text," said Mr. Takatoshi Kitano, senior AI platform architect, Digital Technology Development Laboratory, NEC Corporation. "After a year of technical verification and operation, we decided to adopt DDN's high-performance storage, which can handle a wide variety of I/O workloads. Another deciding factor in our decision was DDN Japan's excellent technical development and maintenance capabilities. We expect both companies to collaborate on the development of the AI supercomputer and take on the challenge of creating new social value in the future."
In AI, the "data pre-processing" phase—from data ingestion to data transfer to training—is the most critical phase for a storage environment. DDN's EXAScaler appliances not only provide high-performance storage for a variety of workloads but also offer the security and management features that are essential for enterprises' AI workloads. DDN's EXAScaler storage system provides GPU Direct Storage integration, the CSI driver necessary for storage access through Kubernetes, and multi-tenancy—standard features that enable secure and simplified management without compromising on performance improvements when utilized in a leading-edge deep learning environment.
"Data has become a strategic tool to address a wide variety of business opportunities," said Robert Triendl, general manager of DDN Japan. "We are excited by this opportunity to supply NEC with an efficient solution to help drive their data-centric AI initiatives."
DDN's data storage solutions will fully support the new AI research supercomputer to realize NEC's objective of "AI research and development to accelerate the digital transformation of society." The NEC supercomputer for AI research has already entered production and is expected to reach its planned capacity in March 2023.
About DDN
DDN is the world's largest private data storage company and the leading provider of intelligent technology and infrastructure solutions for Enterprise At Scale, AI and analytics, HPC, government, and academia customers. Through its DDN and Tintri® divisions, the company delivers AI, Data Management software and hardware solutions, and unified analytics frameworks to solve complex business challenges for data-intensive, global organizations. DDN provides its enterprise customers with the most flexible, efficient and reliable data storage solutions for on-premises and multi-cloud environments at any scale. Over the last two decades, DDN has established itself as the data management provider of choice for over 11,000 enterprises, government, and public-sector customers, including many of the world's leading financial services firms, life science organizations, manufacturing and energy companies, research facilities, and web and cloud service providers.
Contact:
Walt & Company, on behalf of DDN
Sharon Sumrit
DDN@walt.com
©2022 All rights reserved. DDN, EXAScaler and Tintri are registered trademarks owned by DataDirect Networks. All other trademarks are the property of their respective owners.
View original content to download multimedia:
SOURCE DataDirect Networks (DDN) | https://www.mysuncoast.com/prnewswire/2022/05/18/nec-selects-ddn-storage-japans-largest-corporate-ai-research-supercomputer/ | 2022-05-18T13:36:54Z |
ATLANTA, Aug. 18, 2022 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a second quarter cash dividend of $1.90 per share. The dividend is payable on September 15, 2022, to shareholders of record on the close of business on September 1, 2022. This is the 142nd consecutive quarter the company has paid a cash dividend.
The board of directors also authorized a new $15 billion share repurchase program, replacing its previous authorization.
The Home Depot is the world's largest home improvement specialty retailer. At the end of the second quarter, the Company operated a total of 2,316 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs approximately 500,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
View original content to download multimedia:
SOURCE The Home Depot | https://www.wibw.com/prnewswire/2022/08/18/home-depot-declares-second-quarter-dividend-190-announces-15-billion-share-repurchase-authorization/ | 2022-08-18T21:49:36Z |
TORONTO, June 2, 2022 /PRNewswire/ - Global IT research and advisory firm Info-Tech Research Group has published its newest research-backed blueprint, titled Satisfy Digital End Users With Low- and No-Code. IT departments are increasingly experiencing capacity constraints due to the current talent shortage and the overwhelming demand to meet business priorities while maintaining mission-critical applications. This timely research will help IT teams leverage low- and no-code solutions to solve their software delivery challenges and explore new digital capabilities.
Low- and no-code (LCNC) application builders leverage graphical user interfaces (GUI) and configurations to define and build databases, business logic, process flows, forms, and other application artifacts with minimal hand-coding. These tools convert the developer's designs into workable software that can then be deployed to corporate systems.
Low-code technologies, alongside customizable scripts and configurations, assist GUI designers in defining and building applications. Similar to low-code, no-code technologies create deployable and functioning solutions to develop applications primarily for people who are not familiar with coding.
However, without the right training, adoption plan, and governance structure for LCNC, IT can become quickly overwhelmed with product quality, management challenges, and maintenance. Info-Tech advises organizations must work with IT for LCNC to succeed.
"Low- and no-code empowers users to tailor the tools they need to be more productive and innovative," says Info-Tech's Senior Research Analyst Andrew Kum-Seun. "This capability also encourages the business and IT to build trust, respect, and accountability with each other by working more closely together."
Although LCNC has been around for years, it has recently become a popular choice among organizations. For example, Info-Tech's 2022 Tech Trends Report revealed that 69% of IT practitioners had digital transformation as a high priority for their organization during the pandemic. Additionally, according to a 2021 TechRepublic survey, 47% of respondents indicated that their organizations use LCNC platforms, which provide numerous benefits and help with transformation by easing the implementation of key initiatives. Info-Tech's blueprint breaks down why LCNC is an attractive option for organizations, outlined below:
- Extendable & Scalable: LCNC solutions are extendable and adaptable with out-of-the-box connectors and/or representational state transfer API. The plug-and-play architecture allows non-technical staff to bridge LCNC to third-party systems and explore new use cases.
- Seamless Deployment: Most LCNC vendors offer one-click deployment to their proprietary platform as well as cloud services such as PaaS, IaaS, or direct publishing to app stores. Built-in automated tests ensure compatibility with the target environment.
- Extensive LCNC Use Cases: The LCNC marketplace is extensive and offers a broad range of use cases. 17% of organizations are planning on using LCNC to automate workflows, 15% to create new apps, and 15% plan to use it to speed up development time (Source: TechRepublic, 2021).
- Operational Change Acceptance: Stakeholders realize that fighting shadow IT is a losing battle, so they are finding ways to embrace it. They also recognize that IT operations and organizational culture must change to see the full benefits of LCNC in a business-managed environment. LCNC is a notable option given its centralized administration capabilities and compatibility with existing systems.
- Hands-Off Operational Support: Many LCNC solutions operate in an as-a-service model where the underlying and integrated technologies are managed by the vendor and abstracted away from the end user. AI and machine learning are often used to reconfigure or load balance the system as needed.
LCNC is the perfect solution to remove the stress that comes from traditional software development. Only a single codebase is needed to create solutions across different form factors, minimizing the need for platform-specific expertise and toolsets.
View and download the complete Satisfy Digital End Users With Low- and No-Code blueprint.
To learn more about Info-Tech Research Group and to download all the latest research, visit www.infotech.com and connect via LinkedIn, Twitter, and Facebook. Media professionals are encouraged to register for Info-Tech's Media Insiders program for more research and insights. This program provides unrestricted, on-demand access to IT, HR, and software industry content and subject matter experts from a group of more than 200 research analysts. To apply for access, contact pr@infotech.com.
Info-Tech Research Group is one of the world's leading information technology research and advisory firms, proudly serving over 30,000 IT professionals. The company produces unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. For 25 years, Info-Tech has partnered closely with IT teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
View original content to download multimedia:
SOURCE Info-Tech Research Group | https://www.mysuncoast.com/prnewswire/2022/06/02/low-no-code-is-future-app-development-amid-talent-shortages-says-info-tech-research-group/ | 2022-06-02T17:22:19Z |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.