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RANCHO CUCAMONGA, Calif., Aug. 25, 2022 /PRNewswire/ -- A little kindness and inclusion can go a long way.
Inland Empire Health Plan (IEHP) received the Riverside Medical Clinic Charitable Foundation's (RMCCF) 2022 HERO Business of the Year Award at its annual fundraiser Aug. 18. RMCCF also recognized IEHP Community Partnerships Manager LuAnna Jauregui with a HERO Award for outstanding cooperation and capturing the spirit of being a true hero.
The HERO Program annual awards recognize organizations and individuals who demonstrate leadership and exceptional efforts in supporting and promoting kindness, empathy and inclusion within the community.
For the last four years, IEHP has partnered with the RMCCF and its Anti-Bullying Institute's programs that help children, parents, schools and youth organizations deal with bullying.
"IEHP has been a foundation community partner for many years. They are receiving our 2022 HERO Business of the Year Award because of their generous support for our growing programs," said RMCCF's Executive Director Lynda Bailey. "They continue to reach out to us with open communication to assist us in meeting the needs in our community. They make our 'small but mighty non-profit' feel heard and supported."
For over 25 years, IEHP has worked tirelessly to "do the right thing" for the Inland Empire community it serves, fostering collaborations that emphasize goodwill and inclusivity.
"IEHP is committed to helping foster a culture where kindness, empathy and inclusion are the rule, not the exception," said IEHP Chief Executive Officer Jarrod McNaughton. "We are honored to receive this award and also proudly congratulate team member, LuAnna Jauregui on the well-deserved recognition of her tireless efforts to make a difference in our communities."
Connecting the dots and helping to facilitate the partnership on behalf of IEHP, LuAnna Jauregui has been heavily involved with RMCCF's bullying prevention efforts, as it holds a special place in her heart.
"Supporting kindness and inclusion in the Inland Empire means more of my neighbors, friends, family and their children have the opportunity to live joyfully," said Jauregui. "Receiving this recognition from RMCCF is truly an honor and I look forward to our continued work, bringing even more compassion to our region."
To learn more about IEHP, visit iehp.org.
With a mission to heal and inspire the human spirit, Inland Empire Health Plan (IEHP) is one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country. In its 26th year, IEHP is supporting more than 1.5 million residents in Riverside and San Bernardino counties who are enrolled in Medicaid or Cal MediConnect Plans and has a growing network of over 7,800 providers and nearly 3,000 team members. Through dynamic partnerships with providers and community organizations, paired with award-winning service and a tradition of quality care, IEHP is fully committed to their vision: We will not rest until our communities enjoy optimal care and vibrant health. For more information, visit iehp.org.
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SOURCE Inland Empire Health Plan (IEHP) | https://www.kxii.com/prnewswire/2022/08/25/iehp-earns-anti-bullying-hero-business-year-award/ | 2022-08-25T19:03:53Z |
DeLorean is back with an updated look
(CNN) – After 40 years, there’s finally a new model of the iconic sports car featured in the “Back to the Future” movies.
The new DeLorean Alpha5 electric car looks nothing like the last model made before the company went out of business in 1982.
It still has the trademark gull-wing doors, but that’s pretty much where the similarities end.
The DeLorean DMC-12 from the movies was an icon of modern design, but the designers of the Alpha5 had a 40-year gap to fill in.
They based the new car on DeLorean’s second model, the DMC-24, which never got made.
The designers pretended the car’s evolution had never stopped, imagining and making quarter-scale models of the Alpha2 through Alpha4 models.
The resulting design was the Alpha5, a real DeLorean forty years in the making.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/30/delorean-is-back-with-an-updated-look/ | 2022-08-30T14:19:59Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Pegasystems Inc. (NASDAQ: PEGA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/pegasystems-inc-loss-submission-form/?id=28323&from=4
This lawsuit is on behalf of all persons and entities that purchased PEGA common stock between May 29, 2020 and May 9, 2022, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 18, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Pegasystems Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian, a principal competitor; (2) defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO; (4) the Company's CEO and other officers and employees did not comply with the Company's written Code of Conduct, including its express prohibition on "stealing" confidential information from a competitor and "misrepresenting your identity in hopes of obtaining confidential information"; (5) the Company was "unable to reasonably estimate damages" in the lawsuit filed by Appian as a result of the foregoing misconduct (the "Appian Litigation"); and (6) as a result of the foregoing, defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/06/10/pega-shareholder-alert-jakubowitz-law-reminds-pega-shareholders-lead-plaintiff-deadline-july-18-2022/ | 2022-06-10T11:21:02Z |
Uptake teams with AWS to Bring Predictive Maintenance Software to Transportation, U.S. Department of Defense
CHICAGO, July 26, 2022 /PRNewswire/ -- Uptake, a leader in industrial intelligence, announced today that its predictive maintenance software for the on-highway and public sectors, Uptake Fleet and Uptake Federal, are available in the AWS Marketplace. Customers can access the products from the AWS Marketplace, a curated digital catalog that customers use to find, buy, deploy, and manage third-party software, data, and services to build solutions and run their businesses on Amazon Web Services (AWS). The listings streamline onboarding Uptake's products on AWS so organizations can quickly and securely improve asset uptime, maintenance, and supply chain efficiency.
"Uptake and AWS have a common mission to deliver value for our customers through easy-to-use software. We're excited about this next step in our strategic relationship to make it even easier for fleets to turn data into more reliable operations," said Kayne Grau, CEO, Uptake. "AWS Marketplace simplifies account management, enabling fleets to quickly deploy our products and see top risks in operations before they further impact deliveries or mission readiness."
More than 200,000 commercial vehicles rely on Uptake Fleet to boost on-highway performance and improve vehicle maintenance, including private fleets like PepsiCo and for-hire carriers such as United Road, an auto transport and logistics company that ships over 4 million units annually across North America.
"Uptake Fleet keeps our drivers happy and safe on the road," shared Mark Anderson, President & CEO, United Road. "The software allows our maintenance team to predict and prevent breakdown from the various sensor readings of a truck's engine, just with a few valuable insights. It's critical to our ability to haul cars and meet and exceed our customers' expectations."
With predictive insights on impending vehicle conditions and an up-to-date overview of asset survivability, maintenance and operations teams proactively make cost-effective repairs and avoid roadside breakdowns. Uptake Fleet empowers teams to better plan repair shop operations. Integrations with fleet management systems like Geotab and Trimble plug predictive insights into existing workflows.
"AWS Marketplace makes it easier for customers to identify, purchase, and adopt industry-leading software and professional services," said Manish Govil, Global Segment Leader, Supply Chain, AWS. "Uptake brings expertise in predictive maintenance analytics through intuitive and impactful software for their transportation and logistics customers. With the pay-as-you-go model in AWS Marketplace, commercial fleets and governmental agencies have the affordable and secure access to get started."
Uptake Federal provides maintenance analytics software on ground assets for the U.S. Department of Defense. Through predictive insights on equipment performance and suggested part levels, commanders and asset managers in the DoD have the data-backed support to plan mission logistics, increase troop readiness, improve equipment availability, and protect warfighter safety.
The availability of Uptake Fleet and Federal in the AWS Marketplace comes as Uptake recently announced that small fleets and owner-operators could also leverage predictive maintenance analytics to improve uptime. A plug-in with TruckSuite allows small carriers to tap the managed services of the TruckSuite Technology Platform to operationalize predictive insights on their vehicles and avoid road calls, expensive repairs, or extended downtime.
For more on how to get started with Uptake Fleet or Federal, visit Uptake's listing in the AWS Marketplace or talk to an expert.
Uptake provides industrial intelligence software-as-a-service (SaaS), translating data into smarter operations. Driven by unified data management and industrial data science, Uptake enables and delivers actionable insights that predict asset failure, advance ESG initiatives, mitigate catastrophic risk, optimize maintenance strategy, and protect operator safety. With 48 patents and recognition by Gartner, Verdantix, the World Economic Forum, CNBC, and Forbes, Uptake is based in Chicago, with an office in Mississauga, Ontario, and has a presence around the world. To stay up-to-date on what we're doing, visit us at www.uptake.com and follow us on LinkedIn and Instagram.
CONTACT
Uptake
press@uptake.com
+ 1 312-242-2167
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SOURCE Uptake | https://www.wibw.com/prnewswire/2022/07/26/uptake-deepens-relationship-with-aws-adds-offerings-aws-marketplace/ | 2022-07-26T16:52:52Z |
PITTSBURGH (AP) — Pat Bostick’s official title at the University of Pittsburgh is “Senior Associate Athletic Director of Development, Major Gifts.”
There’s an unofficial title that pops up fairly regularly for the quarterback who helped the Panthers pull off one of college football’s greatest upsets of the 21st century.
“I joke sometimes people think when they see my face they think of a score before they think of my name,” Bostick said with a laugh.
That’s because across a significant stretch of the Appalachians and western Pennsylvania foothills, “13-9” lives on forever.
Pitt’s stunner over West Virginia in 2007 deflated a stadium, derailed a season, and redefined a rivalry, one that will be renewed for the first time in more than 10 years on Thursday night when the 17th-ranked Panthers host the Mountaineers in the return of “The Backyard Brawl.”
Well over a decade removed from that cold December night in Morgantown, West Virginia, the details remain fresh in Bostick’s mind.
The way Pitt’s bus swayed as West Virginia fans pushed against it as it made its way to Milan-Puskar Stadium. The sound of something heavy — a battery maybe, Bostick thinks — smacking against the bus’s frame over and over again. The way running back LeSean McCoy stood up and challenged his teammates to make the impossible possible.
“It was supposed to be a coronation (for West Virginia),” Bostick said. “That team was really, really good.”
It was. Just not on Dec. 1, 2007. Bostick remembers the feeling of disbelief as the Panthers poured onto the field with the Mountaineers’ hopes of crashing the BCS title game gone, soon to be followed by head coach Rich Rodriguez, who bolted for Michigan shortly thereafter.
The renewal of the series after both teams left the Big East for more lucrative pastures — Pitt to the Atlantic Coast Conference, West Virginia to the Big 12 — has already produced a rare home sellout for the Panthers. It also required Bostick and others on both sides to spend the run-up serving as history professors of sorts. After all, the players who will participate in the 105th edition of the Brawl were in elementary school the last time Pitt and West Virginia shared the same field, a 21-20 victory by the Mountaineers in 2011.
“I absolutely do feel a responsibility to share,” Bostick said. “It’s the same responsibility that the seniors had when I was a freshman. I’m also going to encourage them to enjoy it.”
Maybe it’s because, as former Pitt running back LeSean McCoy put it, “nothing else matches up” to the Brawl.
“The rivalry is something special,” said McCoy, who ran for 148 yards during the 2007 win and later embarked on a 12-year NFL career.
A feeling embraced by all involved. For years former WVU linebacker Gary Stills tried to impart the significance of the Brawl to his son Dante, who admittedly didn’t particularly grasp it while growing up.
He does now. Maybe because the Mountaineers’ defensive lineman will find himself thrust into it for the first time on Thursday night.
“I wasn’t, like, locked in, because I’m a kid. I’m just playing around,” Dante Stills said. “I remember just people talking about it growing up as a kid: ‘We don’t like Pitt, we don’t like Pitt.’ But I’m a kid, so I’m like, ‘Why don’t you like Pitt?’ But now, I obviously know.”
At least he thinks he knows. His father isn’t so sure his son will understand the Brawl until he experiences it first-hand.
“That Backyard Brawl, that’s where the beast lives,” Gary Stills said. “I’m going to be excited to watch my son play with my number and with the bloodline still going.”
Pitt has been relying on more than folklore to get emotionally ready. Quarterback Kedon Slovis, who will get the start after transferring from USC over the winter, hinted the Panthers have been familiarizing themselves with “Country Roads,” the iconic John Denver song that doubles as West Virginia’s unofficial state anthem.
The anthem has made its way onto a playlist in Pitt’s weight room, a psychological ploy designed to offer a little extra motivation at the end of a workout.
This isn’t the first time during Pat Narduzzi’s now eight-year tenure that the Panthers have revived a dormant series. Pitt and Penn State played annually from 2016-19. Nearly 70,000 crammed into what was then known as Heinz Field for the 2016 meeting, the biggest crowd to attend a Pittsburgh sporting event of any kind in the city’s history.
Narduzzi declined to offer specifics on what he’s learned about how to prepare for what awaits in front of a packed stadium and a national television audience against essentially a blood rival. Yet he’s well aware of the stakes.
“There’s a lot of hatred on their end — but there’s got to be a lot of hate on our end,” he said. “That’s what it comes down to in rivalry games.”
Even if the hate doesn’t come from history but from happenstance. Pitt linebacker SirVocea Dennis grew up in upstate New York, far outside the specter of the Brawl and doesn’t really know any of the current Mountaineers. That won’t matter once the ball is kicked off.
“Once we (put on) our jerseys and that Pitt script on our helmets,” Dennis said, “whoever they say we don’t like, we don’t like.”
___
AP Sports Writer John Raby in Morgantown, West Virginia contributed to this report.
___
More AP college football:
https://apnews.com/hub/college-football and https://twitter.com/AP_Top25. Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25 | https://cw33.com/sports/ap-sports/ap-the-backyard-brawl-is-where-the-beast-lives-for-pitt-wvu/ | 2022-08-31T20:06:25Z |
The decision by Ohio police officers to handcuff Jayland Walker after they fired dozens of shots, killing the unarmed 25-year-old at the end of a high-speed chase, has come under intense scrutiny by Walker's family and the public, as they continue to demand answers and accountability from city officials.
Walker, who suffered more than 60 gunshot wounds after eight officers fired at him June 27 in Akron, had his hands cuffed behind his back when his body arrived at the coroner's office, according to photos from a preliminary medical examiner's report reviewed by CNN. He died from gunshot wounds to the face, abdomen and upper legs, CNN affiliate WEWS reported, citing an investigative worksheet reviewed by its partner, the Akron Beacon Journal.
The police decision to handcuff Walker after he had been shot was an "added insult to a terrible loss," Walker family attorney Bobby DiCello told CNN Saturday. Walker's family "can't fathom these so-called reasons for safety when they know that Jayland suffered so much injury and lethal force."
"It's bewildering. It sends a symbolic and inhumane message despite the procedure that is involved," DiCello said, adding the incident raises a critical question about what extent compassion comes into play when police officers decide to handcuff someone who had been shot dozens of times.
"If nobody thought he needed to be handcuffed, then why not just out of respect for the loss of human life, avoid it?" DiCello added.
It is common practice nationwide to handcuff a person perceived to be dangerous and armed -- even after they are shot by police -- so the person cannot access weapons or pose any further threat, three law enforcement experts told CNN.
Opting to handcuff someone who was just shot by police is "not a matter of humane or inhumane," said Maria Haberfeld, a police science professor at John Jay College of Criminal Justice. Beyond a wounded suspect, the broader circumstances of the situation can "impact (officers') perception of the threat," she said, adding someone who is already clinically dead can show movement, suggesting they still are alive and dangerous.
"This is the way they think, this is the way they're trained -- that you can never underestimate the level of threat from somebody who was previously shooting at you," Haberfeld said, speaking generally about police encounters with suspects who are believed to be armed.
Details of Walker's case continue to emerge amid public scrutiny of how law enforcement personnel across the United States use force, especially against people of color. Walker was Black, while seven of the eight officers who fired on him are White and one is Black, the city has said. All have been put on paid administrative leave, per department policy.
Officers are told not to tamper with body
Every police department has policies dictating when officers should use deadly force, typically when a weapon is involved and a suspect poses an immediate threat to officers and the public, experts told CNN.
But there is no national standard for restraining a person after they are shot, they said. Most agencies train officers to immediately handcuff a suspect, so they can secure any weapons and assess injuries to give aid, but they don't go into how officers should use restraints beyond guidelines for arrest control and officer safety.
Police say Walker fled as officers tried to pull him over for traffic and equipment violations, and during an 18-minute car pursuit, he fired what appeared to be a gunshot out the window. The chase then briefly shifted to a foot pursuit, during which police shot Walker dead after he quickly stopped and they believed he was reaching toward his waist and "felt that Mr. Walker had turned and was motioning and moving into a firing position," officials have said.
While a gun was found in his car after the shooting, Walker was not armed when he was killed, Akron Police Chief Stephen Mylett said at a news conference July 3, when police released lengthy body camera videos from 13 officers at the scene.
If officers had not handcuffed Walker as they approached him -- since they believed he had fired a weapon at them from his vehicle -- it would have "surprised" Thor Eells, the executive director of the National Tactical Officers Association said.
Even after that, "unless medical professionals make a request to remove the handcuffs, so they can do some sort of advanced life support that would necessitate that, the officers would not remove them," he said.
If a person is pronounced dead at the scene following a police shooting, officers typically are advised not to tamper with the case by touching the body -- including removing handcuffs -- so it can be turned over to the medical examiner's office as part of the shooting investigation, said Eells, a former commander at the Colorado Springs Police Department.
"Once they determine that this is now an officer-involved shooting with a fatality, most agencies are taught not to touch or disturb anything," he said. "Everything is left as is for the corner who has the legal responsibility of assessing all of that in its totality. (The coroner asks) questions like, 'Did anything potentially contribute or aggravate any kind of injuries or otherwise?' "
'It's time to revisit those policies,' expert says
Akron Police Department policy requires officers handcuff a suspect following all officer-involved shootings because the suspect may continue to present a threat, Mylett told affiliate WEWS of Cleveland. All restraints are left on to preserve the crime scene, the chief said.
But the chief conceded the policy needs to be reviewed.
"If this was my brother, if this was my son, if this was my grandson, I would not like that," Mylett told WEWS. "I understand that, I truly do. And I am going to have a conversation with others about the need for that."
The Akron Police Department, the city and police union have not responded to repeated requests from CNN for comment about the practice of restraining suspects, including those who have been shot by officers.
In many cases like this, officers are "simply adhering to their department's rules," but those guidelines may be outdated, said Chuck Wexler, executive director of the Police Executive Research Forum, a nonprofit police research and policy organization.
"Those procedures were put in place a long time ago, and I think it's time to revisit those policies in situations where it's clear that someone has been critically injured and first aid is needed," he said.
In Walker's case, the preliminary report by the Summit County Medical Examiner's Office contains several pages of thumbnail photos showing the young man dead and handcuffed at the scene and after his body arrived at the coroner's office.
A final autopsy report will be turned over to the Ohio Bureau of Criminal Investigation, which is investigating any criminal wrongdoing by the officers, and will be part of what the state attorney general's office considers for presenting a case to a grand jury.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/why-did-ohio-officers-handcuff-jayland-walker-after-shooting-him-dozens-of-times/article_4e57e5fc-736d-5f91-a945-cb407aa0f91a.html | 2022-07-10T01:25:33Z |
Return to in-person shopping and dining globally helps drive results ahead of previously-established outlook
First quarter revenue grew 50% YoY to $173.9M
First quarter GTV grew 36% YoY to $22.1B
First quarter GPV of $3.3 billion increased 96% YoY
Lightspeed reports in US dollars and in accordance with IFRS.
MONTREAL, Aug. 4, 2022 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX: LSPD) (NYSE: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, today announced financial results for the three months ended June 30, 2022.
"Our two flagship offerings, Lightspeed Retail and Lightspeed Restaurant, continued to see excellent market reception this quarter, which helped drive strong revenue growth." said JP Chauvet, CEO of Lightspeed. "Consumers are once again shopping in-store and dining out, and our customers are turning to Lightspeed to help them deliver compelling omni-channel experiences under one comprehensive commerce platform, helping them grow revenue, reduce complexity and lower operating costs."
Although macro-economic conditions have become more concerning in recent months, Lightspeed believes its available growth opportunities of increasing the number of Customer Locations1, improving software adoption amongst these Customer Locations and expanding the amount of GTV1 that is processed by the Company's payments solutions, provide the Company with multiple levers to continue to perform. Lightspeed also believes that the return to in-person shopping and dining can help to mitigate negative influences from deteriorating macro-economic conditions.
"Our diversified business model continued to serve us well this quarter, with hospitality leading GTV growth " said Asha Bakshani, Chief Financial Officer of Lightspeed. "Gross Payment Volume1 hit record levels in the quarter and software adoption amongst our customer locations increased, putting the Company in a strong position to meet our financial commitments and realize our goal of Adjusted EBITDA2 break-even or better next fiscal year3."
First Quarter Financial Highlights
(All comparisons are relative to the three-month period ended June 30, 2021 unless otherwise stated):
- Total revenue of $173.9 million, an increase of 50%
- Subscription revenue of $73.6 million, an increase of 47%
- Transaction-based revenue of $91.5 million, an increase of 62%
- Net loss of ($100.8) million, or ($0.68) per share, as compared to a net loss of ($49.3) million, or ($0.38) per share, representing (58.0)% of revenue versus (42.6)%. After adjusting for certain items such as acquisition-related costs and share-based compensation, Adjusted Loss2 was ($17.6) million, or ($0.12) per share4
- Adjusted EBITDA2 loss of ($15.6) million, representing (9.0)% of revenue4 versus its previously established outlook of an Adjusted EBITDA2 loss of ($16.0) million
- As at June 30, 2022, Lightspeed had ~$915 million in unrestricted cash and cash equivalents
In its third fiscal quarter of 2022, Lightspeed completed the acquisition of Ecwid, Inc. The table below distinguishes certain quarterly financial measures and key performance indicators between Lightspeed's traditional operations and those of the acquired company for the quarter ended June 30, 2022.
- Total revenue of $173.9 million was up 50% year-over-year due primarily to strong organic growth and $16.8 million in revenue from our acquisitions of NuORDER and Ecwid.
- Subscription and transaction-based revenue grew 55% year-over-year to $165.1 million. Organic5 growth in subscription and transaction-based revenues was 38% year-over-year.
- Subscription revenue increased 47% year-over-year to $73.6 million. Subscription revenue was positively impacted by recent acquisitions along with a growing Customer Location base and an expanding ARPU.
- Transaction-based revenue of $91.5 million grew by 62% year-over-year. The strong performance was a result of continued growth in GTV and an increasing portion of that GTV being processed through the Company's payments solutions. GPV increased over 96% to $3.3 billion from $1.7 billion in the same period last year.
- Customer Locations increased to approximately 166,000 from approximately 163,000 in the previous quarter and the monthly ARPU of these Customer Locations grew by 39% to approximately $320 compared to just over $230 in the same quarter last year. Subscription ARPU increased to $136 from $113 a year earlier. The growing ARPU and Customer Locations reflects the Company's ongoing focus on attracting a customer profile that provides strong underlying unit economics, high GTV, and long-term strategic value. The above Customer Location and ARPU numbers exclude 160,000 Customer Locations attributable to the Ecwid eCommerce standalone product, which Customer Locations carry a monthly ARPU of approximately $15 per Customer Location.
- Selected customer wins in the quarter include: Panos, one of the leading bakery groups in Belgium with 100 locations using Lightspeed; the Parker Palm Springs, a premier independent luxury hotel in California; Kualoa Ranch in Hawaii where the Jurassic Park movies were filmed; the Holland Restaurant Group with 5 locations in Covington, Kentucky; and Monterey Plaza Hotel in Menlo Park, California. Additionally, long-standing POS customer, "The One", adopted Lightspeed Payments in their over 40 locations in Australia, and world-renowned luxury brand Michael Kors will be added to Lightspeed B2B.
- For the quarter, Lightspeed's customers processed GTV of $22.1 billion, up 36% year-over-year. Omni-channel retail GTV grew by 32% whereas hospitality GTV grew by 40%. Organic GTV growth was 25% year-over-year, with organic omni-channel retail GTV growing at 15% and organic hospitality GTV growing at 40%. From a geographic perspective, EMEA delivered the strongest GTV growth. The Ecwid eCommerce standalone product contributed $0.7 billion in GTV. In the quarter, Lightspeed continued to observe similar GTV trends to last quarter with a shift in consumer spending resulting in a slowdown in certain retail categories such as bike and garden supplies and a resurgence in other categories such as hospitality, footwear and apparel.
- Adjusted EBITDA2 in the quarter was ($15.6) million versus ($6.0) million in the same quarter last year. As a percentage of revenue4, Adjusted EBITDA2 was (9.0)% versus (5.2)% for the same quarter last year. The increased Adjusted EBITDA2 loss as a percentage of revenue4 was largely due to a recent acquisition with higher Adjusted EBITDA2 losses as a percentage of revenue4, costs associated with Lightspeed's annual sales, partner and customer conference which returned to a live, in-person format in the quarter for the first time since the COVID-19 pandemic began, and increased hardware incentives provided to new customers that negatively impacted gross margins.
- During the quarter, Lightspeed announced the initial launch of its B2B Network, connecting brands and retailers in three key North American verticals: fashion, outdoor and sporting goods. Lightspeed's B2B Network aims to automate the retail supply chain, liberating retailers from time-consuming manual workflows while giving brands sell-through reporting from their SMB channels. By automating and delivering insights across the entire supply chain, Lightspeed hopes to improve revenue for both brands and retailers and get consumers the products they want into their local retailers.
- As of June 30, 2022, $9.4 million of merchant cash advances were outstanding, up 49% from the previous quarter.
- After the quarter, Lightspeed paid down, in full, the $30 million balance outstanding under its acquisition term loan, which was previously drawn in January 2020 in connection with the acquisition of Gastrofix.
Lightspeed's first quarter results were strong, with growing subscription and transaction-based revenue. Although the Company continues to monitor the macro-economic environment, Lightspeed is encouraged by the reception of its new flagship offerings, growing adoption of our payments solutions and the return to in-person shopping and dining. As a result, Lightspeed expects revenue and Adjusted EBITDA2 to be in the following ranges:
Fiscal 2023
- Revenue of $740 - $760 million, in line with our target organic subscription and transaction-based revenue growth rate of 35 - 40%.
- Adjusted EBITDA2 loss of approximately ($35) - ($40) million, or approximately (5)% as a percentage of revenue.
Second Quarter 2023
- Revenue of $178 - $183 million.
- Adjusted EBITDA2 loss of approximately ($10) million, or approximately (6)% as a percentage of revenue.
In addition, the Company remains confident in its expectation that it should reach Adjusted EBITDA2 break even3 for the fiscal year ended March 31, 2024.
Lightspeed will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, August 4, 2022. To access the telephonic version of the conference call, visit https://conferencingportals.com/event/rPYvDbSx. After registering, instructions will be shared on how to join the call including dial-in information as well as a unique passcode and registrant ID. At the time of the call, registered participants will dial in using the numbers from the confirmation email, and upon entering their unique passcode and ID, will be entered directly into the conference. Alternatively, the webcast will be available live on the Investors section of the Company's website at https://investors.lightspeedhq.com.
An audio replay of the call will also be available to investors beginning at approximately 11:00 a.m. Eastern Time on August 4, 2022, until 11:59 p.m. Eastern Time on August 11, 2022, by dialing 800.770.2030 for the U.S. or Canada, or 647.362.9199 for international callers and providing conference ID 74316. In addition, an archived webcast will be available on the Investors section of the Company's website at https://investors.lightspeedhq.com.
Lightspeed's unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three months ended June 30, 2022 are available on Lightspeed's website at https://investors.lightspeedhq.com and will be filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
When calculating the Adjusted EBITDA included in our financial outlook for the second quarter and full year ended March 31, 2023, we considered IFRS measures including revenue, direct cost of revenue, and operating expenses. Our financial outlook is based on a number of assumptions, including that the jurisdictions in which Lightspeed has significant operations do not drastically strengthen or re-strengthen strict measures put in place to help slow the transmission of COVID-19 or put in place new or additional measures in response to a resurgence of the virus or the proliferation of a new variant thereof; requests for subscription pauses and churn rates owing to business failures remain in line with planned levels; our ability to grow our Customer Locations in line with our planned levels; revenue streams resulting from partner referrals remaining in line with historical rates (particularly in light of the continued expansion of our payments solutions, which compete with the solutions offered by some of these referral partners); customers adopting our payments processing solutions having an average GTV at or above that of our planned levels; future uptake of our payments processing solutions remaining in line with past rates and expectations, including that transaction-based revenue growth will be more than twice the rate of subscription revenue growth year-over-year; gross margins reflecting this trend in revenue mix; our ability to price our payments processing solutions in line with our expectations and to achieve suitable margins; our ability to achieve success in the continued expansion of our payments solutions; historical seasonal trends return to certain of our key verticals and impact our GTV and transaction-based revenues; continued success in module adoption expansion throughout our customer base; our ability to successfully integrate the companies we have acquired and to derive the benefits we expect from the acquisition thereof including expected synergies resulting from the recent launches of our flagship Lightspeed Retail and Lightspeed Restaurant offerings; market acceptance and adoption of our flagship offerings; our ability to attract and retain key personnel required to achieve our plans; our ability to manage customer churn; our ability to manage customer discount and payment deferral requests; and assumptions as to inflation, changes in interest rates, consumer spending, foreign exchange rates and other macroeconomic conditions. Our financial outlook does not give effect to the potential impact of acquisitions that may be announced or closed after the date hereof. Our financial outlook, including the various underlying assumptions, constitutes forward-looking information and should be read in conjunction with the cautionary statement on forward-looking information below. Many factors may cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by such forward-looking information, including but not limited to the risks and uncertainties related to: any pandemic such as the COVID-19 pandemic, the risk of any new or continued resurgence of the COVID-19 virus or any variants or mutations in our core geographies and the resulting impact on SMBs, including heightened levels of churn owing to business failures, requests for subscription pauses and delayed purchase decisions; the Russian invasion of Ukraine and reactions thereto; our inability to attract and retain customers; our inability to increase customer sales; our inability to implement our growth strategy; our inability to continue the acceleration of the global rollout of our payments solutions; our reliance on a small number of cloud service suppliers and suppliers for parts of the technology in our payments solutions; our ability to maintain sufficient levels of hardware inventory; our inability to improve and enhance the functionality, performance, reliability, design, security and scalability of our platform; our ability to prevent and manage information security breaches or other cyber-security threats; our inability to compete against competitors; strategic relations with third parties; our reliance on integration of third-party payment processing solutions; compatibility of our solutions with third-party applications and systems; changes to technologies on which our platform is reliant; our inability to obtain, maintain and protect our intellectual property; risks relating to international operations, sales and use of our platform in various countries; our liquidity and capital resources; litigation and regulatory compliance; changes in tax laws and their application; our ability to expand our sales, marketing and support capability and capacity; maintaining our customer service levels and reputation; macroeconomic factors affecting small and medium-sized businesses, including inflation, changes in interest rates, consumer spending trends; and exchange rate fluctuations. The purpose of the forward-looking information is to provide the reader with a description of management's expectations regarding our financial performance and may not be appropriate for other purposes.
Our long-term targets reflect the current trend of customer adoption of our payments solutions resulting in an increased proportion of transaction-based revenue relative to higher margin subscription-based revenue. Our long-term targets also reflect a gradual increase in operating leverage, including as a result of increased ARPU and the benefits of increased scale in our primary operating expense lines. Our long-term targets constitute financial outlook and forward-looking information within the meaning of applicable securities laws. The purpose of communicating long-term targets is to provide a description of management's expectations regarding our intended operating model, financial performance and growth prospects at a further stage of business maturity. Such information may not be appropriate for other purposes.
A number of assumptions were made by the Company in preparing our long-term targets, including:
- Continuation of favorable economic conditions in our core geographies and verticals, including relatively elevated consumer confidence, disposable income, consumer spending and employment.
- The COVID-19 pandemic, including any variants, having durably subsided with broad immunity achieved in our core geographies and verticals, including the elimination of social distancing measures and other restrictions generally in such markets.
- Customer adoption of our payments solutions in line with past rates and expectations, with new customers having an average GTV at or above planned levels.
- Gross margin continuing to decrease as a percentage of revenue as more customers adopt our payments solutions.
- Our ability to price our payment processing solutions in line with our expectations.
- Our ability to achieve success in the continued expansion of our payments solutions.
- Revenue streams resulting from partner referrals remaining in line with historical rates (particularly in light of the continued expansion of our payments solutions, which compete with the solutions offered by some of these referral partners).
- Long-term growth in ARPU of 10% or more per year, including growth in subscription ARPU, in line with past rates and expectations, driven by customer adoption of additional solutions and modules and the introduction of new solutions, modules and functionalities, including our flagship Lightspeed Retail and Lightspeed Restaurant offerings.
- Our ability to price solutions and modules in line with our expectations.
- Our ability to recognize synergies and reinvest those synergies in core areas of the business as we advance our roll out of our flagship Lightspeed Retail and Lightspeed Restaurant offerings;
- Growth in Customer Locations in line with past rates and expectations, including continued organic growth in Customer Locations.
- Our ability to successfully integrate acquired companies and to derive expected benefits from such acquisitions.
- Our ability to attract, develop and retain key personnel.
- The ability to effectively develop and expand our labour force, including our sales, marketing, support and product and technology operations, in each case both domestically and internationally.
- Our ability to manage customer churn.
- Our ability to manage requests for subscription pauses, customer discount and payment deferral requests.
- Assumptions as to foreign exchange rates and interest rates, including inflation.
- Our ability to successfully sell our Lightspeed Capital offering to our customers.
Our financial outlook does not give effect to the potential impact of acquisitions that may be announced or closed after the date hereof. Many factors may cause actual results, level of activity, performance or achievements to differ materially from those expressed or implied by such targets, including risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operation and under "Risk Factors" in our most recent Annual Information Form. In particular, our long-term targets are subject to risks and uncertainties related to:
- The COVID-19 pandemic, including the risk of any new or continued resurgence in our core geographies and the resulting impact on SMBs, including heightened levels of churn owing to business failures, requests for subscription pauses, payment deferrals and delayed purchase decisions.
- The Russian invasion of Ukraine and reactions thereto.
- Supply chain risk and the impact of shortages in the supply chain on our merchants.
- Other macroeconomic factors affecting SMBs, including inflation, changes in interest rates and consumer spending trends.
- Our ability to implement our growth strategy and the impact of competition.
- The substantial investments and expenditures required in the foreseeable future to expand our business.
- Our liquidity and capital resources, including our ability to secure debt or equity financing on satisfactory terms.
- Our ability to increase scale and operating leverage.
- Our ability to continue the acceleration of the global rollout of our payments solutions.
- Our reliance on a small number of cloud service providers and suppliers for parts of the technology in our payments solutions.
- Our ability to improve and enhance the functionality, performance, reliability, design, security and scalability of our platform.
- Our ability to prevent and manage information security breaches or other cyber-security threats;
- Our ability to compete and satisfactorily price our solutions in a highly fragmented and competitive market.
- Strategic relations with third parties, including our reliance on integration of third-party payment processing solutions.
- Our ability to maintain sufficient levels of hardware inventory.
- Compatibility of our solutions with third-party applications and systems.
- Changes to technologies on which our platform is reliant.
- Our ability to obtain, maintain and protect our intellectual property.
- Risks relating to our international operations, sales and use of our platform in various countries.
- Seasonality in our business and in the business of our customers.
- Litigation and regulatory compliance.
- Our ability to expand our sales capability and maintain our customer service levels and reputation.
- Gross profit and operating expenses being measures determined in accordance with IFRS, and the fact that such measures may be affected by unusual, extraordinary, or non-recurring items, or by items which do not otherwise reflect operating performance or which hinder period-to-period comparisons.
- Any potential acquisitions or other strategic opportunities, some of which may be material in size or result in significant integration difficulties or expenditures, or otherwise impact our ability to achieve profitability on our intended timeline or at all.
See also the section entitled "Forward-Looking Statements" in this press release.
Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. The cloud solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financing and connection to supplier networks.
Founded in Montreal, Canada, Lightspeed is dual listed on the New York Stock Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD). With teams across North America, Europe and Asia Pacific, the Company serves retail, hospitality and golf businesses in over 100 countries.
For more information, please visit: www.lightspeedhq.com
On social media: LinkedIn, Facebook, Instagram, YouTube, and Twitter
The information presented herein includes certain financial measures and ratios such as "Adjusted EBITDA", "Adjusted EBITDA as a percentage of revenue", "Adjusted Loss", "Adjusted Loss per Share - Basic and Diluted", "Adjusted Cash Flows Used in Operating Activities", "Non-IFRS gross profit", "Non-IFRS general and administrative expenses", "Non-IFRS research and development expenses", "Non-IFRS sales and marketing expenses", "Non-IFRS gross profit as a percentage of revenue", "Non-IFRS general and administrative expenses as a percentage of revenue", "Non-IFRS research and development expenses as a percentage of revenue" and "Non-IFRS sales and marketing expenses as a percentage of revenue". These measures and ratios are not recognized measures and ratios under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures and ratios presented by other companies. Rather, these measures and ratios are provided as additional information to complement those IFRS measures and ratios by providing further understanding of our results of operations from management's perspective. Accordingly, these measures and ratios should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. These non-IFRS measures and ratios are used to provide investors with supplemental measures and ratios of our operating performance and thus may highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures and ratios. We also believe that securities analysts, investors and other interested parties frequently use non-IFRS measures and ratios in the evaluation of issuers. Our management also uses non-IFRS measures and ratios in order to facilitate operating performance comparisons from period to period, to prepare operating budgets and forecasts and to determine components of management compensation.
"Adjusted EBITDA" is defined as net loss excluding interest, taxes, depreciation and amortization, or EBITDA, as adjusted for share-based compensation and related payroll taxes, compensation expenses relating to acquisitions completed, foreign exchange gains and losses, transaction-related costs, restructuring and litigation provisions.
"Adjusted EBITDA as a percentage of revenue" is calculated by dividing our Adjusted EBITDA by our total revenue.
"Adjusted Loss" is defined as net loss excluding amortization of intangibles, as adjusted for share-based compensation and related payroll taxes, compensation expenses relating to acquisitions completed, transaction-related costs, restructuring, litigation provisions and deferred income tax recovery.
"Adjusted Loss per Share - Basic and Diluted" is defined as Adjusted Loss divided by the weighted average number of common shares (basic and diluted).
"Adjusted Cash Flows Used in Operating Activities" is defined as cash flows used in operating activities as adjusted for the payment of payroll taxes on share-based compensation, the payment of compensation expenses relating to acquisitions completed, the payment of transaction-related costs, the payment of restructuring costs, the payment of amounts related to litigation provisions net of amounts received as insurance and indemnification proceeds and the payment of amounts related to capitalized internal development costs.
"Non-IFRS gross profit" is defined as gross profit as adjusted for share-based compensation and related payroll taxes.
"Non-IFRS gross profit as a percentage of revenue" is calculated by dividing our Non-IFRS gross profit by our total revenue.
"Non-IFRS general and administrative expenses" is defined as general and administrative expenses as adjusted for share-based compensation and related payroll taxes, transaction-related costs and litigation provisions.
"Non-IFRS general and administrative expenses as a percentage of revenue" is calculated by dividing our Non-IFRS general and administrative expenses by our total revenue.
"Non-IFRS research and development expenses" is defined as research and development expenses as adjusted for share-based compensation and related payroll taxes.
"Non-IFRS research and development expenses as a percentage of revenue" is calculated by dividing our Non-IFRS research and development expenses by our total revenue.
"Non-IFRS sales and marketing expenses" is defined as sales and marketing expenses as adjusted for share-based compensation and related payroll taxes and transaction-related costs.
"Non-IFRS sales and marketing expenses as a percentage of revenue" is calculated by dividing our Non-IFRS sales and marketing expenses by our total revenue.
See the financial tables below for a reconciliation of the non-IFRS financial measure and ratios.
We monitor the following key performance indicators to help us evaluate our business, measure our performance, identify trends affecting our business, formulate business plans and make strategic decisions. These key performance indicators are also used to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures and ratios. We also believe that securities analysts, investors and other interested parties frequently use industry metrics in the evaluation of issuers. Our key performance indicators may be calculated in a manner different than similar key performance indicators used by other companies.
ARPU. "Average Revenue Per User" or "ARPU" represents the total subscription revenue and transaction-based revenue of the Company in the period divided by the number of Customer Locations of the Company in the period. For greater clarity, the number of Customer Locations of the Company in the period is calculated by taking the average number of Customer Locations throughout the period.
Customer Locations. "Customer Location" means a billing merchant location for which the term of services have not ended, or with which we are negotiating a renewal contract, and, in the case of NuORDER, a brand with a direct or indirect paid subscription for which the terms of services have not ended or in respect of which we are negotiating a subscription renewal. A single unique customer can have multiple Customer Locations including physical and eCommerce sites and in the case of NuORDER, multiple subscriptions. We believe that our ability to increase the number of Customer Locations served by our platform is an indicator of our success in terms of market penetration and growth of our business.
Gross Payment Volume. "Gross Payment Volume" or "GPV" means the total dollar value of transactions processed, excluding amounts processed through the NuORDER solution, in the period through our payments solutions in respect of which we act as the principal in the arrangement with the customer, net of refunds, inclusive of shipping and handling, duty and value-added taxes. We believe that growth in our GPV demonstrates the extent to which we have scaled our payments solutions. As Customer Locations using our payments solutions generate more sales and therefore more GPV, we see higher transaction-based revenue. We have excluded amounts processed through the NuORDER solution from our GPV because they represent business-to-business volume rather than business-to-consumer volume and we do not currently have a robust payments solution for business-to-business volume.
Gross Transaction Volume. "Gross Transaction Volume" or "GTV" means the total dollar value of transactions processed through our cloud-based software-as-a-service platform, excluding amounts processed through the NuORDER solution, in the period, net of refunds, inclusive of shipping and handling, duty and value-added taxes. We believe GTV is an indicator of the success of our customers and the strength of our platform. GTV does not represent revenue earned by us. We have excluded amounts processed through the NuORDER solution from our GTV because they represent business-to-business volume rather than business-to-consumer volume and we do not currently have a robust payments solution for business-to-business volume.
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward looking information may relate to our financial outlook (including revenue and Adjusted EBITDA), and anticipated events or results and may include information regarding our financial position, business strategy, growth strategies, addressable markets, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate, the achievement of advances in and expansion of our platform, expectations regarding our revenue and the revenue generation potential of our payment-related and other solutions, expectations regarding our gross margins and future profitability, our expected acquisition outcomes and synergies, the future impact of the COVID-19 pandemic and the Russian invasion of Ukraine and reactions thereto, is forward-looking information.
In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "budget", "scheduled", "estimates", "suggests", "outlook", "forecasts", "projection", "prospects", "strategy", "intends", "anticipates" or "does not anticipate", "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will", "will be taken", "occur" or "be achieved", the negative of these terms and similar terminology. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events or circumstances.
Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as of the date of such forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. You should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this news release represents our expectations as of the date of hereof (or as of the date they are otherwise stated to be made), and are subject to change after such date. However, we disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. All of the forward-looking information contained in this news release is expressly qualified by the foregoing cautionary statements.
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SOURCE Lightspeed Commerce Inc. | https://www.wibw.com/prnewswire/2022/08/04/lightspeed-announces-first-quarter-2023-financial-results/ | 2022-08-04T11:48:23Z |
DALLAS, May 3, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that Dharmesh Patel has been named Executive Vice President, Director, Retail Business Services. He will report to Cassandra McKinney, Executive Vice President, Executive Director, Retail Bank.
Patel is a veteran of the banking industry with a successful track record of delivering enterprise-level priorities by leading cross-functional teams from concept to execution. In his role, he will focus on centralizing the services areas of Comerica's business to ensure oversight of execution, growth and performance to enable a single point of contact for the business areas.
Most recently, he served as the Operational Excellence and Transformation Executive for Truist Bank and was responsible for the merger and integration across supporting Truist Business and Operations teams. Prior to joining Truist (formerly SunTrust Bank) in 2013, he spent more than 12 years with Ernst & Young in its management consulting practice supporting global institutions.
"Adding a member to our Retail Bank team with the talent and knowledge of Dharmesh serves to better support our customers and our colleagues," said McKinney. "His experience transforming strategies and operations will play a pivotal role as we continue to address the demands of our business and the evolving retail banking landscape."
Patel earned his bachelor's and master's degrees from the University of London and has also studied at Harvard University and the London School of Economics.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $89.2 billion as of March 31, 2022.
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SOURCE Comerica Incorporated | https://www.mysuncoast.com/prnewswire/2022/05/03/comerica-bank-names-dharmesh-patel-executive-vice-president-director-retail-business-services/ | 2022-05-03T16:45:34Z |
WATERLOO, ON and SHANGHAI, Aug. 1, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) and HOZON NEW ENERGY AUTOMOBILE CO., LTD. (HOZON) today announced that NETA AUTO, China's EV brand owned by HOZON, has selected BlackBerry QNX technology to power its soon-to-be-produced futuristic sports sedan, the NETA S. The deployment will ensure the functional safety, cybersecurity and reliability of the vehicle's critical systems while providing users with an engaging, immersive, and digital-first driving experience.
As part of the agreement, the NETA S will use the BlackBerry QNX® Neutrino® RTOS and QNX® Hypervisor for the vehicle's new intelligent technology cockpit, the 'NETA SPACE'. In addition, NETA AUTO's full-stack NETA PILOT 3.0 intelligent ADAS technology will also feature the QNX® OS for Safety, helping realize intelligent assisted driving in multiple scenarios.
"We are pleased to partner with NETA AUTO to create a next-generation digital cockpit system and intelligent driver assistance system for the NETA S. Since its inception, NETA AUTO has always pursued the development of high-quality vehicles featuring both innovation and technology," said Dhiraj Handa, VP, Asia-Pacific, BlackBerry Technology Solutions. "BlackBerry is pleased to empower China's new energy automotive brands with our latest technologies, helping NETA AUTO to expand its footprint for the future of safe & secure mobility."
"The NETA S is a representative of NETA AUTO's level of technical strength and is dedicated to bringing the sedan to millions of homes with new levels of safety, security, comfort & connectivity. BlackBerry is the industry leader in automotive embedded systems, providing us with a safety-certified software foundation, " said Zhang Qi, Executive Vice President of Intelligent Institution, Neta Auto. "In the future, NETA AUTO will continue to collaborate with BlackBerry to bring more convenient, enriched and intelligent automotive life experiences to our customers."
The NETA S has a digital design style that fully demonstrates the power and athleticism expected of a sports sedan. The interior of the model features a stunning advanced intelligent cockpit with a large 17.6-inch central touchscreen, allowing the driver to receive important information via the minimalist display located behind the steering wheel or from the AR head-up display. Additionally, the front passenger also has an exclusive 12.3-inch passenger infotainment screen. Additional highlights of the NETA S include heated and ventilated massage seats, as well as headrest speakers, with a further 21 speakers installed throughout the car to provide an enjoyable acoustics experience for all passengers.
The NETA S is armed with the 3rd Generation Snapdragon Automotive Cockpit Platform and the highly reliable BlackBerry QNX Neutrino RTOS and QNX Hypervisor, which allows for scalability and flexibility in its intelligent NETA SPACE. The QNX Hypervisor can consolidate multiple systems with mixed-criticality and different operating environments onto a single hardware platform, effectively reducing both the model's initial development and long-term costs of ownership, while still ensuring industry-leading safety and security.
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 215M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow @BlackBerry.
Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.
HOZON is an innovation-drive tech company that integrates the hardware products and software services based on the R&D innovation, intelligent manufacturing and multi-channel sales service. NETA AUTO, a car brand affiliated to HOZON. NETA AUTO's vision is to "make high-quality intelligent NEVs available for all". It shoulders the responsibility of breaking the norm to make travel more comfortable with innovative technologies and operates with the aim to be a popularizer of intelligent vehicles. Focusing on products and advanced technologies, NETA AUTO is dedicated to promoting continuous evolvement of electric vehicles and playing a leading role in future technology development trends.
NETA AUTO's core technologies are derived from Yangtze Delta Region Institute of Tsinghua University, Zhejiang. Currently, the company has cultivated competitive advantages in auto intelligent cockpit, which is called NETA SPACE, autonomous driving, technologies of electrical machine, battery, and electrical control system, etc. and accumulatively applied for over 1,000 patents.
In June 2022, NETA AUTO delivered 13,157 vehicles, with an increase of approximately 156% YOY, an increase of approximately 20% from May 2022, achieving a sales volume increase for 24 consecutive months since July 2020. Specifically, the sales volumes in June 2022 of NETA V and NETA U PRO were 9,147 units and 4,010 units respectively. Moreover, the total sales volume of NETA AUTO in the first half of 2022 was 63,131 units, an increase of approximately 199% from the same period last year.
As a leading force among Chinese NEV manufacturers, NETA AUTO has further increased market share of "Made in China" products in the intelligent manufacturing and new energy field, and strengthened Chinese brand value around the globe.
Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com
NETA Auto Media Relations
+86-18501002778
huxiaoqian@hozonauto.com
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SOURCE BlackBerry Limited | https://www.wibw.com/prnewswire/2022/08/02/neta-auto-selects-blackberry-qnx-power-neta-s-next-generation-ev-sedan-chinese-market/ | 2022-08-02T03:01:24Z |
NEW YORK, June 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Teladoc Health, Inc. (NYSE: TDOC) between October 28, 2021 and April 27, 2022, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than August 5, 2022.
SO WHAT: If you purchased Teladoc Health 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 Teladoc Health class action, go to https://rosenlegal.com/submit-form/?case_id=6818 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 5, 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. 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) increased competition, among other factors, was negatively impacting Teladoc Health's BetterHelp and chronic care businesses; (2) accordingly, the growth of those businesses was less sustainable than defendants had led investors to believe; (3) as a result, Teladoc Health's revenue and adjusted EBITDA projections for its fiscal year 2022 were unrealistic; (4) as a result of all the foregoing, Teladoc Health would be forced to recognize a significant non-cash goodwill impairment charge; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Teladoc Health class action, go to https://rosenlegal.com/submit-form/?case_id=6818 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/06/09/rosen-respected-investor-counsel-encourages-teladoc-health-inc-investors-secure-counsel-before-important-deadline-securities-class-action-tdoc/ | 2022-06-09T20:04:36Z |
SAN JUAN, Puerto Rico (AP) — Shuttered businesses. Sleepless nights. Canceled classes. Hundreds of thousands of people across Puerto Rico remained without power on Friday, nearly two days after a fire at a main power plant sparked an island-wide outage.
Crews have restored power to some 650,000 customers out of nearly 1.5 million, but people in several neighborhoods have complained that the electricity went out once again as the island struggles to emerge from the blackout that also left more than 160,000 clients without water.
The outage forced the government to cancel classes and shutter agencies for the second day in a row on this U.S. territory of 3.2 million people as frustration and anger bubbled over.
“This is unbearable,” said Maribel Hernández, 49, as she wiped her forehead with a small blue washcloth that she hung over her left shoulder.
Hernández, who is recovering from cancer, has been sleeping on the concrete floor in her home’s narrow outdoor patio with only a sheet because her mattress doesn’t fit there. She worries about being mugged because she lives in a working-class neighborhood with a high crime rate, but the heat inside her house is overwhelming.
“Those who have generators are doing well, but what about people like us?” she said, adding that she’s been forced to throw out all her food.
Officials with Luma, which took over transmission and distribution from Puerto Rico’s Electric Power company last year, have said they don’t know exactly when power would be fully restored but note crews have been working nonstop.
“The system is extremely fragile,” said Shay Bahramirad, an engineering vice president with Luma.
The company has said that a circuit-breaker failure could have caused the blackout after a fire erupted late Wednesday at the Costa Sur power plant in southern Puerto Rico, but that it will be weeks before they’ll know the exact cause of the interruption.
Meanwhile, the lack of power prompted at least one city to distribute food to the elderly and ice to those with health conditions including diabetes as many wonder when exactly they’ll have lights again.
“I haven’t slept,” said Fernando García, a 51-year-old construction worker who is more worried about not being able to find work in the past two days given the outage. “I don’t have a budget right now.”
García stood outside a small outdoor cafeteria selling eggs and greasy turnovers known as empanadillas, grateful that the owner allowed him to charge his phone for the day as he continued to look for work.
Luma CEO Wayne Stensby has called the outage “very unusual” and said it demonstrated the fragility of Puerto Rico’s electrical grid, which Hurricane Maria razed in 2017 as a powerful Category 4 storm. Emergency repairs were made at the time, but reconstruction efforts have yet to start on the crumbling electrical grid that has caused weekly outages in dozens of communities
Late Thursday, the U.S. Federal Emergency Management Agency said it had approved nearly $9.5 billion to Puerto Rico’s power company in September 2020 to rebuild the grid, but that it has not yet received any transmission and distribution projects for evaluation and approval of construction funds.
In addition, the Costa Sur generation plant, one of four main ones on the island, was damaged during a series of strong earthquakes that struck southern Puerto Rico in recent years.
Kevin Acevedo, a vice president for Luma, said Friday that the company hopes to have restored power to 1 million customers by late Friday night.
Those who have power back said they are relieved but worry about the impact the outage had on shrinking budgets already hard hit by the island’s more than decade-long economic crisis.
Felicia Serrano, manager of a small grocery store in a community called Barrio Obrero in the capital of San Juan, said she lost $2,000 worth of merchandise as a result of the blackout. The store runs on a small generator that keeps the lights on but doesn’t have the power to keep large refrigerators running.
“Ýou’re working under a lot of stress when you have no lights,” she said as she grabbed large bunches of green plantains and placed them on worn shelves.
Many are now worried about the state of the electrical grid just two months before the Atlantic Hurricane season starts.
Josué Colón, executive director of Puerto Rico’s power company, said those concerns are legitimate: “It’s still a system that is not in prime condition. It’s still a system that has to be rebuilt.”
The outage comes as Puerto Rico’s electric power company tries to emerge from bankruptcy and restructure some $9 billion in public debt. The company has long struggled with corruption, mismanagement and a lack of investment into aging infrastructure. | https://cw33.com/news/u-s-news/ap-u-s-headlines/puerto-rico-struggles-to-emerge-from-outage-as-anger-builds/ | 2022-04-09T14:09:45Z |
FDA chief to detail delays inspecting baby formula plant
WASHINGTON (AP) — Federal plans to inspect a baby formula factory linked to the nationwide shortage were slowed by COVID-19, scheduling conflicts and other logistical problems, according to prepared testimony from the head of the Food and Drug Administration.
FDA Commissioner Robert Califf is set to answer questions Wednesday from House lawmakers probing the events leading to the formula shortage, which has forced the U.S. to begin airlifting products from Europe while many parents still hunt for scarce supplies in stores.
The issue is largely tied to problems at Abbott Nutrition’s Michigan plant, the largest in the U.S., which the FDA shut down in February due to contamination. In prepared remarks, Califf gives the first detailed account of why it took his agency months to inspect the plant after first learning of potential problems last fall.
Members of an Energy and Commerce subcommittee will also hear from three infant formula makers, including a top executive from Abbott.
FDA staff began honing in on Abbott’s plant last year while tracking four bacterial infections in infants who had consumed formula from the facility. The cases occurred between September and January, causing four hospitalizations, including two deaths.
Califf will tell lawmakers that the FDA began planning to visit the Sturgis, Michigan, plant in early December, with inspectors set to arrive on Dec. 30. But Abbott said that about a dozen of its employees had recently tested positive for COVID-19 and requested a delay. As a result, the FDA didn’t begin its inspection until Jan. 31.
After detecting positive samples of bacteria in multiple parts of the plant, the FDA closed the facility and Abbott announced a massive recall of its formula on Feb. 17.
Abbott and the FDA have reached an agreement to reopen the plant next week, requiring the company to regularly undergo outside safety audits. But Califf’s testimony suggests FDA efforts to reopen the plant were slowed by negotiations with Abbott, which had to be codified in a court agreement.
“Because it was a negotiation process with a regulated firm, the U.S. government did not completely control the timeline,” states Califf’s written testimony.
The FDA has also faced questions about its timeline for reviewing an October whistleblower complaint alleging numerous safety violations at Abbott’s plant, including employees falsifying records and failing to test formula. Califf’s testimony details a two-month gap between when regulators received the report and when they actually interviewed the whistleblower.
Several FDA staffers reviewed the complaint in late October, but officials didn’t request an interview until early December. Because of conflicts with the whistleblower’s schedule, the interview didn’t take place until Dec. 22, according to the FDA testimony.
Senior FDA officials did not receive copies of the whistleblower complaint until February due to “an isolated failure in FDA’s mailroom, likely due to COVID-19 staffing issues,” according to the prepared remarks.
Califf is the only administration official who has testified thus far on the shortage, which has become a major political liability for President Joe Biden. Behind the shortage are other distinct factors, including supply disruptions caused by COVID-19 and industry consolidation that’s made the U.S. formula market vulnerable to disruption.
An Abbott executive is expected to tell the committee that his company will invest in additional capacity and supply chain safeguards to avoid future disruptions. After the company restarts production next month it will be able to produce more formula than before the recall, according to prepared remarks from Abbott’s senior vice president, Christopher Calamari.
The company will restate its contention that there is no direct link between its formula and the infant infections investigated by the FDA. Agency regulators have said the small number of cases and incomplete testing data make it hard to draw a direct connection between the illnesses and Abbott’s plant.
Executives from Reckitt and Gerber are also scheduled to testify.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/25/fda-chief-detail-delays-inspecting-baby-formula-plant/ | 2022-05-25T14:36:47Z |
American Mustang Ride to stop in Topeka as it promotes national discovery trail
TOPEKA, Kan. (WIBW) - The American Mustang Discovery Ride will canter through Kansas after it stops in the Capital City to promote awareness of wild American horses and the National Discovery Trails.
A documentary team from the Equus Film Festival will ride through the Capital City as they document the Mustang Discovery Foundation’s American Mustang Discovery Ride through Kansas.
On June 28, the team said it will ride from Kansas City, Kan., to Topeka to meet with Angeline, Kristina and Tony Saliceti - competitors in the Bureau of Land Management Kansas Wild Horse Youth Challenge.
Following the Capital City stop, the team said it would move westward on June 29 and 30 toward Fort Riley to hose a meeting with the Ft. Riley Commanding General’s Mounted Color Guard at Milford State Park. It noted that the Color Guard provides a link to the historic past of Fort Riley as current troopers and horses are dressed in the uniforms, accouterments and equipment from the Civil War. The soldiers even receive instruction from manuals used by Civil War cavalrymen.
The team will then move further west toward Svaty Ranch in Ellsworth where it will host a “Meet the Mustangs” event on July 1 and 2. It said the ranch is only one of four public off-range pastures in the nation which upholds the spirit of the American West.
Next, the team said it will head south to Hutchinson where the Mustang Discovery Ride team will ride in the Patriot’s 4th of July Parade through downtown. It also said the Ride will host a Meet the Mustang Event and film screening of the Robert Redford documentary, “The Mustangs: America’s Wild Horses.” Following the screening, Mustang Discovery Rider Lisanne Fear will host a film discussion.
While in Hutchinson, the team will also visit the Wild Horse Program at the Kansas Department of Corrections. Since 2001, it said inmates have helped the U.S. Department of Interior’s Bureau of Land Management alleviate the overpopulation of wild horses on federal lands in the western U.S. Left unchecked, it said the horses could multiply to unsustainable levels.
Through a cooperative agreement with BLM and Kansas Corrections, the team said a self-supporting unit of a dozen minimum-custody inmates care and train the wild horses to help them become suitable for adoption.
The team also noted that the mission of the American Mustang Discovery Ride is to highlight the American Mustang Horse and American Discovery Trail in H.R. 4878, the National Discovery Trails Act. The bill aims to add the national discovery trials as part of the national trials system. The trail extends from Cape Henlopen State Park in Delaware to Point Reyes National Seashore in California.
To view a trailer for the upcoming documentary, click HERE.
To view a map of the national discovery trail, click HERE.
To keep up with the team and its podcast, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/23/american-mustang-ride-stop-topeka-it-promotes-national-discovery-trail/ | 2022-06-23T16:20:18Z |
SAN FRANCISCO, Sept. 1, 2022 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending September 30, 2022, on the following securities:
- A dividend of $0.79 per share of the company's common stock, payable on September 30, 2022, to common stockholders of record at the close of business on September 15, 2022; and
- A dividend of $1.0675 per share of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock, payable on September 30, 2022, to Series Q stockholders of record at the close of business on September 15, 2022.
ABOUT PROLOGIS
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2022, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.0 billion square feet (95 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,800 customers principally across two major categories: business-to-business and retail/online fulfillment.
FORWARD-LOOKING STATEMENTS
The statements in this document that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which we operate as well as management's beliefs and assumptions. Such statements involve uncertainties that could significantly impact our financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," and "estimates," including variations of such words and similar expressions, are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future—including statements relating to rent and occupancy growth, development activity, contribution and disposition activity, general conditions in the geographic areas where we operate, our debt, capital structure and financial position, our ability to form new co-investment ventures and the availability of capital in existing or new co-investment ventures—are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and, therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic and political climates; (ii) changes in global financial markets, interest rates and foreign currency exchange rates; (iii) increased or unanticipated competition for our properties; (iv) risks associated with acquisitions, dispositions and development of properties; (v) maintenance of real estate investment trust status, tax structuring and changes in income tax laws and rates; (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings; (vii) risks related to our investments in our co-investment ventures, including our ability to establish new co-investment ventures; (viii) risks of doing business internationally, including currency risks; (ix) environmental uncertainties, including risks of natural disasters; (x) risks related to the current coronavirus pandemic; and (xi) those additional factors discussed in reports filed with the Securities and Exchange Commission by us under the heading "Risk Factors." We undertake no duty to update any forward-looking statements appearing in this document except as may be required by law.
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SOURCE Prologis, Inc. | https://www.mysuncoast.com/prnewswire/2022/09/01/prologis-declares-quarterly-dividend/ | 2022-09-01T13:25:12Z |
LP recognized for innovation and excellence among Nashville's public companies
NASHVILLE, Tenn., June 2, 2022 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of high-performance building products, has won Nashville Business Journal's 2022 Best in Business Award for the Public Company category.
Selected by the Nashville Business Journal, the Best in Business Awards are presented to employers in the Middle Tennessee area who exhibited great tenacity and innovation in 2021 in overcoming the challenges the COVID-19 pandemic presented to businesses everywhere.
"As we celebrate our 50th anniversary this year, we are honored to be recognized as a leading public company in Nashville," said LP Chair and Chief Executive Officer Brad Southern. "Nashville is home to many great public companies, making this honor even more gratifying."
Over the past year, LP has continued to focus on the evolution of its business strategy and product portfolio, which has led to heightened financial performance. As part of this evolution, Southern notes that the company's core strengths include safeguarding employees, best-in-class customer service, industry-leading innovations, and community involvement.
"Our purpose, Building a Better World™, continues to guide our work both within the Nashville community and across our North and South American operations," Southern said. "Together, LP employees are helping customers construct beautiful, durable homes and structures, while our shareholders build lasting value."
Beyond the evolution of its business, LP has continued investing in technology to make the construction industry more accessible amid COVID-19 challenges, particularly regarding the digitization of training materials. LP's Diversity, Equity, and Inclusion Pledge for Action has also underscored its commitment to fairness, mutual respect, and equal treatment for all in its operations.
Earlier this year, the Nashville Business Journal recognized LP's Senior Vice President, Chief Human Resources and Transformation Officer Robin Everhart, as a 2022 Women of Influence honoree in the Top Executive category. This and the most recent Best in Business recognition highlight LP's commitment to leading the manufacturing industry, improving its communities, and paving the way for future leaders.
The Best in Business Award is determined by the Nashville Business Journal with input from the community. Nominees were first identified by open submission, and then asked to complete questionnaires, which were scored by an independent panel of judges. The survey evaluated company culture, business plan, and profitability. All Nashville-based businesses in the categories of public company, local office, private company (1–25 employees), private company (26–100 employees), and nonprofit/institution were eligible for nomination.
About LP Building Solutions
As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders, remodelers and homeowners worldwide. LP's extensive offerings include innovative and dependable building products and accessories, such as siding solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, and LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore™ Thermal Insulated Sheathing, and more), LP® TopNotch® Sub-Flooring, and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while our shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 25 plants across the U.S., Canada, Chile, and Brazil. For more information, visit LPCorp.com.
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SOURCE LP Building Solutions | https://www.wibw.com/prnewswire/2022/06/02/lp-building-solutions-awarded-2022-best-business-award-by-nashville-business-journal/ | 2022-06-02T13:23:28Z |
Powerful, Effective, Targeted Topical Treatment Formulated to Prevent and Address Visible Signs of Body Skin Aging
IRVINE, Calif., Aug. 31, 2022 /PRNewswire/ -- Today, Allergan Aesthetics, an AbbVie company (NYSE: ABBV), announces the launch of SkinMedica® Firm & Tone Lotion for Body, the first product from the professional-grade skincare line formulated to prevent and address visible signs of body skin aging for a toned look.1 It is clinically proven to diminish the look of crepey skin, address uneven skin texture, improve the appearance of body skin firmness and tone, and improve the look of sagging skin.1
"The skin on the body represents 95% of our skin. It's unique and different from the skin on our face and neck1. As our body skin ages, it has specific needs and requires a targeted approach," said Carrie Strom, President, Global Allergan Aesthetics and Senior Vice President, AbbVie. "Environmental factors, such as sun exposure and pollutants, and intrinsic factors, including changes in fat distribution and muscle tone, take a toll on the body.2 SkinMedica® Firm & Tone Lotion for Body is a luxurious formula rooted in science that delivers transformative results."
With more than two decades of excellence in innovation, SkinMedica® continues to rely on research to formulate the most advanced and innovative professional-grade skincare products. Following the launch of the brand's Neck Correct Cream for Neck and Décolleté in April 2021, Allergan Aesthetics continues to expand its footprint with SkinMedica® science for every body with this dermatologist-tested product that can be used alone or following a body contouring procedure.
SkinMedica® Firm & Tone Lotion for Body contains carefully curated ingredients including Green Microalgae and Shitake Mushroom Extracts, Lemon Balm Extract, Coffea Arabica Seed Oil, Caffeine, Hydrolyzed Rice Protein, Japanese Parsley, Paradisi (Grapefruit Peel) Oil, and Ginger Root Extract.
The hydrating formula features a scientifically proven technology that targets five pathways related to fat and laxity in the skin and supports the extracellular matrix, firmness and crepiness:1
- Promotes dermal extracellular matrix components
- Supports cellular clearance and recycling
- Enhances skin detoxification via lymphatic system
- Antioxidant protection
- Supports balanced lipid metabolism and localized fat regulation
"Body skin aging begins as early as age 25. The skin on your body becomes thinner with age, which can further accelerate the visible signs of aging3-4," says Dr. Mona Gohara, Dermatologist and Associate Clinical Professor, Yale School of Medicine. "Start prioritizing your body now – the product shows significant results such as skin appearing visibly tighter, smoother and more toned. In addition to adding SkinMedica® Firm & Tone lotion to my patients' overall body care regimen as a standalone, patients can also use the product following body contouring procedures."
In a head-to-head clinical study1 where the products were used twice a day, investigators assessed the following improvements at weeks 4, 8, and 12:
- On the upper arms for sagging
- On the thighs for cellulite
- On both the upper arms and thighs for skin smoothness, skin tone evenness, crepiness, body skin firmness, and body texture
Firm & Tone Lotion showed significant visible improvements vs. a leading professional-grade topical body for body skin crepiness, texture, skin tone evenness, and smoothness.1
At Week 4*:
- Crepiness (arms)
At Week 8†:
- Body skin texture (thighs)
- Skin tone evenness (thighs)
- Skin smoothness (thighs)
At Week 12‡:
- Crepiness (thighs)
With continued results over 12 weeks.
*Week 4, (p ≤ 0.031). †Week 8, (p ≤ 0.022). ‡Week 12, (p ≤ 0.022)
SkinMedica® Firm & Tone Lotion for Body ($165 USD MSRP) is available for purchase at SkinMedica.com, and through a network of licensed physicians and medically supervised spas. For use, dispense the lotion into hands, and massage into the skin until the product is fully absorbed. Apply to desired area twice daily or as needed. Do not apply to broken or irritated skin. SkinMedica® Firm & Tone Lotion for body may be used alone or following a body contouring procedure. For more information follow @SkinMedica on Instagram or click here.
At Allergan Aesthetics, an AbbVie company, we develop, manufacture, and market a portfolio of leading aesthetics brands and products. Our aesthetics portfolio includes facial injectables, body contouring, plastics, skin care, and more. Our goal is to consistently provide our customers with innovation, education, exceptional service, and a commitment to excellence, all with a personal touch. For more information, visit www.AllerganAesthetics.com.
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
The SkinMedica® product described here is intended to meet the FDA's definition of a cosmetic product, an article applied to the human body to cleanse, beautify, promote attractiveness, and alter appearances. This SkinMedica® product is not intended to be a drug product that diagnoses, treats, cures or prevents any disease or condition. This product has not been approved by the FDA and the statements on these pages have not been evaluated by the FDA.
For more information, please talk to your provider or visit SkinMedica.com. To report an adverse reaction, please call Allergan at 1-800-433-8871.
References
- Data on file at SkinMedica®.
- McCullough JL, Kelly JM. Prevention and treatment of skin aging. Ann N Y Acad Sci. 2006;1067:323-331.
- Kim E, Cho G, Won NG, Cho J. Age-related changes in skin bio-mechanical properties: the neck skin compared with the cheek and forearm skin in Korean females. Skin Res Technol. 2013;19(3):236-241.
- Lane K. What really happens to your skin after age 25. https://www.thelist.com/335442/what-really-happens-to-your-skin-after-age-25. February 17, 2021. Accessed July 27, 2021.
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SOURCE AbbVie | https://www.wibw.com/prnewswire/2022/08/31/skinmedica-launches-firm-amp-tone-lotion-body/ | 2022-08-31T13:29:29Z |
WASHINGTON, Sept. 16, 2022 /PRNewswire/ -- NASA will provide live coverage with commentary of the upcoming Artemis I cryogenic demonstration test beginning at 7:15 a.m. EDT on Wednesday, Sept. 21.
The demonstration test will allow teams to confirm the repair to a hydrogen leak seen during an early September Artemis I launch attempt, evaluate updated propellant loading procedures, and conduct additional evaluations. The demonstration will conclude when the objectives for the test have been met.
Live coverage of the test will air on NASA Television, the NASA app, and the agency's website. While NASA is airing coverage of the launch, rendezvous, docking, and hatch opening of the Soyuz MS-22 carrying NASA Astronaut Frank Rubio to the International Space Station on NASA's Television's Public Channel, the Artemis I demonstration test will air only on the Media Channel. During all other times, the test will air on both the Public and Media Channels.
The agency also will host a media teleconference to preview the test at 11:30 a.m. Monday, Sept. 19. Participants include:
- Tom Whitmeyer, deputy associate administrator for Common Exploration Systems Development, NASA Headquarters
- Mike Sarafin, Artemis mission manager, NASA Headquarters
- Jeremy Parsons, deputy manager, Exploration Ground Systems Program, NASA's Kennedy Space Center
- John Blevins, chief engineer, Space Launch System Program, NASA's Marshall Space Flight Center
Audio of the media call will stream live on the agency's website at:
To participate by telephone, media must RSVP no later than two hours prior to the start of the event to: ksc-newsroom@mail.nasa.gov.
Artemis I is an uncrewed flight test. It is the first in a series of increasingly complex missions to provide a foundation for human exploration in deep space and demonstrate our commitment and capability to extend human existence to the Moon and beyond.
Through Artemis missions, NASA will land the first woman and the first person of color on the Moon, paving the way for a long-term lunar presence and serving as a steppingstone to send astronauts to Mars.
For updates, follow along on NASA's Artemis blog at:
https://blogs.nasa.gov/artemis
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SOURCE NASA | https://www.kxii.com/prnewswire/2022/09/16/nasa-televise-artemis-i-demonstration-test-host-media-call/ | 2022-09-16T21:20:58Z |
Parallel Identity Token Brings KYC/AML Compliance to Web3
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Parallel Markets, an identity infrastructure company, announces the launch of the Parallel Identity Token, the first-ever regulatorily compliant KYC/AML solution for Web3.
The PID Token is a fully on-chain, non-transferable identity token that preserves the Web3 principles of decentralized anonymity while confirming critical aspects of a wallet owner's identity. The PID Token never stores or displays any Personal Identifying Information (PII), but does contain necessary information to assure market participants that their counterparties do not have a history of fraud and are not subject to sanctions.
The PID Token is supported by a regulatorily compliant KYC/AML process and indicates:
- whether the owner is a natural person or business entity
- that the owner has submitted information necessary to complete a KYC/AML review
- that the owner is not currently sanctioned and is being monitored for new sanctions.
The PID Token can even assert the owner's 506(c) investor accreditation status. The token can interact directly with smart contracts, which can in turn require all parties to hold a valid PID Token as a condition of participation. In keeping with industry best practices for document renewal, all PID Tokens are monitored for one year against sanctions lists (such as OFAC), after which time token-holders must reconfirm their identity details and wallet ownership.
The PID Token is currently live on Ethereum and is available to be minted at: https://app.parallelmarkets.com/identity-token
Parallel's co-founder and CEO, Tony Peccatiello, says "Building a robust identity solution to support the expansion of Web3 is something we have cared about for a long time — we're very excited to launch the Parallel Identity Token with our partners."
One of those partners is decentralized credit platform Goldfinch, whose co-founder Mike Sall said, "Parallel has been an excellent partner for our KYC/AML and accreditation verification needs, fulfilling a core utility for our network's participants. We're excited that solutions are continuing to develop in this space and look forward to seeing what Parallel builds with the PID Token."
Buildspace partnerships lead Farhaj Mayan also shared his thoughts on the PID Token launch: "I think the most epic thing about on-chain KYC is it brings a lot of trust to on-chain actions for legacy institutions that want to take advantage of composable identity … That's the fundamental change in the world we'll need to actually gain significant adoption for Web3."
About Parallel Markets: Parallel Markets is an identity infrastructure company serving over 75 financial institutions across the Web2 and Web3 ecosystems. Parallel closed its Series A with Union Square Ventures in December 2021.
FAST FACTS
About Parallel Markets
- Parallel has been focused on portable, reusable identity for over 3 years and is in a unique position to support on-chain identity and compliance
- Raised Series A from Union Square Ventures, Lux, Eniac, Comcast and others in December 2021
- Parallel currently works with dozens of traditional financial institutions and Web3 projects doing onboarding and KYC/AML and Accreditation checks
About the PID Token
- Created by Parallel Markets
- Non-transferable (soulbound) NFT
- Currently live on Ethereum
- Never stores or displays PII on-chain
- Only stores key elements of identity and verification on-chain:
- Use cases:
- By using an on-chain KYC credential such as the PID token, a DeFi project can be confident that no value is flowing to or from sanctioned parties — all within Web3 and without directly collecting any PII
- Parties can establish a KYC requirement (PID token) when structuring swap contracts
- DAOs can restrict membership, voting and distributions to wallets with a valid KYC credential (PID token)
- Marketplaces can restrict NFT visibility to wallets with a KYC credential (PID token)
- Marketplaces can restrict bids to sellers or buyers holding a KYC credential (PID token)
- Cryptocurrency exchanges could choose to only accept Eth from wallets with a KYC credential (PID token)
OUR LAUNCH PARTNERS
Suzanne Elovic
President & Head of Partnerships
suzanne@parallelmarkets.com
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SOURCE Parallel Markets Inc. | https://www.wibw.com/prnewswire/2022/09/07/parallel-launches-first-ever-web3-kycaml-compliance-solution/ | 2022-09-07T13:45:10Z |
The data activation company recognized out of over 3,900 nominations across more than 125 countries
SAM RAMON, Calif., July 7, 2022 /PRNewswire/ -- WANdisco, the data activation company, has been recognized as a finalist of the 2022 Microsoft Rising Azure Technology Partner of the Year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.
"This recognition celebrates the continued successful collaboration between WANdisco and Microsoft Azure. Together, we have supported cloud migrations, implementations, and digital transformations of enterprises around the world," said Chris Cochran, VP Cloud Alliances at WANdisco. "Our innovative and turnkey integration with Microsoft continues to deliver exceptional speed, scale, and security for organizations migrating enterprise-scale datasets to the Azure cloud. As we celebrate this milestone achievement, our team is more encouraged than ever to continue delivering exceptional data activation services to our customers alongside Microsoft."
The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft-based applications, services and devices during the past year. Awards were classified in various categories, with honorees chosen from a set of more than 3,900 submitted nominations from more than 100 countries worldwide. WANdisco was recognized for providing outstanding solutions and services while natively integrated into Azure.
"I am honored to announce the winners and finalists of the 2022 Microsoft Partner of the Year Awards," said Nick Parker, Corporate Vice President of Global Partner Solutions at Microsoft. "These partners were outstanding among the exceptional pool of nominees and I'm continuously impressed by their innovative use of Microsoft Cloud technologies and the impact for their customers."
The recognition as a finalist of the 2022 Microsoft Rising Azure Technology Partner of the Year Award continues a landmark year for WANdisco. Earlier this year, the company launched WANdisco Edge to Cloud, an offering that supports enterprises in activating IoT and sensor data – moving it from edge environments to the cloud to support AI and ML initiatives and unleash business value. Built on WANdisco's Data Activation Platform, Edge to Cloud extends WANdisco's data activation capabilities beyond traditional Hadoop to cloud migrations to support enterprise IoT initiatives.
Microsoft Partner of the Year Awards are announced annually prior to the company's global partner conference, Microsoft Inspire, which will take place on July 19-20 this year.
About WANdisco
WANdisco is the first and only data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information about WANdisco, visit www.wandisco.com
Media Contact:
LaunchSquad for WANdisco
wandisco@launchsquad.com
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SOURCE WANdisco | https://www.wibw.com/prnewswire/2022/07/07/wandisco-recognized-finalist-2022-microsoft-rising-azure-technology-partner-year/ | 2022-07-07T14:13:54Z |
COSTA MESA, Calif., Aug. 23, 2022 /PRNewswire/ -- eQ Technologic, the providers of eQube®-DaaS (Data as a Service) Platform, announced earlier today the launch of a new format in which their products can be accessed: a next-gen cloud-native solution for data / application integration and analytics challenges - the eQube® Cloud. eQube® Cloud Free 15-Day Trial | eQ Technologic (1eQ.com)
Dinesh Khaladkar, President & CEO at eQ Technologic said, "eQube® Cloud is a game changer and further democratizes access to powerful data integration and analytics solutions, enabling organizations to accelerate their Digital Transformation journeys."
With eQube® Cloud, one can seamlessly connect, integrate and migrate data from disparate systems, federate, orchestrate, synchronize and mash-up data, rapidly create APIs and 'For-Purpose' Apps, and realize actionable analytics with stunning visualizations of near real-time enterprise-wide data. It allows one to integrate any data, any format, any API, any speed, any application, or any device. All this without writing any code, enabling secure collaboration and honoring security rules.
Sanjeev Tamboli, VP Products & CTO at eQ Technologic commented, "Users will be able to fully harness the strength of the eQube®-DaaS Platform that establishes a robust, resilient, and scalable Data Fabric connecting disparate data sources across the enterprise (COTS, GOTS, Legacy, NoSQL, files, streaming data, IoT, …) with insightful analytics. In other words, eQube®-DaaS accelerates customers' Digital Transformation."
Leverage this opportunity and register now to experience the power of eQube® Cloud!
Godspeed to eQube® Cloud!
About eQ Technologic
eQ Technologic, Inc. ('eQ') is a trusted provider of eQube®-DaaS (Data as a Service) platform that delivers a highly scalable, resilient, and secure Data Fabric for its Customers.
eQube®-DaaS is a powerful Low/No-Code Data Integration and Analytics platform. It establishes a Digital Backbone connecting Enterprise-wide data, applications, and devices. This creates a 'Data Fabric' which puts the power of analytics in the hands of end users, leading to Actionable Insight. eQube®-DaaS platform-based solutions result in substantial productivity gains accelerating Digital Transformation.
Visit https://www.1eQ.com/Free_Trial for more information on eQube® Cloud.
Media contact:
Kanchan Khaladkar
Director, Marketing
Marketing@1eQ.com
Photo: https://mma.prnewswire.com/media/1882394/eQ_Technologic_Cloud.jpg
Logo: https://mma.prnewswire.com/media/1882393/eQ_Technologic_logo.jpg
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SOURCE eQ Technologic, Inc. | https://www.wibw.com/prnewswire/2022/08/23/eq-technologic-revolutionizes-ease-data-integration-amp-analytics-with-eqube-cloud/ | 2022-08-23T13:40:24Z |
FORT LAUDERDALE, Fla., Aug. 30, 2022 /PRNewswire/ -- Since COVID-19 has reduced to endemic levels, many are looking forward to travel going back to normal. Good news is that the trends are already showing high promise of a comeback. Yonder Travel Insurance shares findings of hope for the travel industry and how to navigate travel plan changes.
Traveling feels a bit more normal since levels of COVID-19 restrictions are easing on several fronts. These include the CDC ending testing requirements for U.S. residents returning to the States and other destinations abolishing travel restrictions for foreign travelers.
According to the Transportation Security Administration (TSA), the average volume of travelers nowadays is 2.0 to 2.5 million. These numbers are only 5-10% of what they were in 2019, which was a record-breaking year of travel, but the fact that they remain stable is encouraging. When it comes to who feels more comfortable traveling, 78% of Millennials and 76% of Gen Xers feel most comfortable traveling with Baby Boomers (73%) and Gen Zers (72%) falling shortly behind.
COVID-19 brought an increased awareness to trip cancellations and the importance of travel insurance. For example, in 2021, 48% of Allianz customers bought travel insurance for the first time! Although there are signs of travel improving, the unexpected still happens.
Contracting COVID-19 might cause you to cancel your trip and lose your nonrefundable costs. Flight delays or lost luggage may require you to dig into your travel budget for unplanned expenses like extra toiletries, clothes, extra hotel stays, or meals. Plus, medical emergencies and medical evacuations overseas can be costly and difficult to coordinate on your own. All these events are examples of what travel insurance would protect or cover!
"Travel insurance is becoming essential to travelers for the first time," says Terry Boynton, President, and Co-Founder of Yonder. "Most of the calls we receive daily are first-time travel insurance buyers. Our team of friendly humans maintains a 5-star rating on Google for a reason as they help address questions and concerns regarding travel." The experts at Yonder Travel Insurance have poured over hundreds of policies from the best travel insurance providers in the US to provide the best travel insurance recommendation for how YOU travel.
Contact:
Beckah Morris, Marketing Director
(855-358-6438)
beckah@insureyonder.com
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SOURCE Yonder Travel Insurance | https://www.kxii.com/prnewswire/2022/08/30/is-travel-getting-back-normal-trends-say-yes/ | 2022-08-30T11:50:26Z |
CHINO HILLS, Calif., Sept. 16, 2022 /PRNewswire/ -- As of September 12, 2022, California Regional MLS (CRMLS) is pleased to announce the promotion of Sarah Trent Miranda to CRMLS Chief Relationship Officer. Sarah has led the company's Education and Product Development departments since 2015 and recently became the Director of Business Development for Venture MLS, a new VC firm built by CRMLS to serve brokers, agents, and MLSs.
Sarah will be accountable for the performance and effectiveness of the company's member focused departments including Customer Care, Education, Broker Resources and Member Engagement. She will continue to be deeply involved with aligning business development strategy for CRMLS and the Venture MLS initiative.
On announcing the promotion, CRMLS's CEO Art Carter stated, "With her in-depth knowledge of our industry, consistent professionalism, dedication, and passion to succeed, Sarah [Trent Miranda] brings a lot to the table for CRMLS. I am confident Sarah will excel in her new position. It is always the best feeling in the world to reward someone for their hard work and growth."
With over two decades of experience as a licensed real estate salesperson and a background in practicing real estate, Sarah has excelled in vetting new products, pursuing cutting-edge technology, and forming solid business relationships while at CRMLS.
"I am honored to step into this executive leadership role at CRMLS as we look to deliver on our strategic goals focused on better serving our brokers, agents, and consumers," said Sarah when asked about her promotion.
She added, "CRMLS's current momentum is unquestionable, from the technology solutions we're developing internally, to Venture MLS, and the REdistribute initiative. Our team is working incredibly hard to introduce highly dependable solutions to the real estate industry, and I'm thrilled to be a part of it!"
CONTACT: art@crmls.org.
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SOURCE California Regional MLS | https://www.mysuncoast.com/prnewswire/2022/09/16/crmls-appoints-sarah-trent-miranda-chief-relationship-officer/ | 2022-09-16T18:13:37Z |
Lightning strike near White House leaves 2 dead, 2 injured
WASHINGTON (AP) — Two people who were critically injured in a lightning strike outside the White House have died, police said Friday. Two others remained hospitalized with life-threatening injuries.
James Mueller, 76, and Donna Mueller, 75, of Janesville, Wisconsin, died of their injuries after the lightning strike in Lafayette Park, located directly outside the White House complex, the Metropolitan Police Department said.
The two other people, a man and a woman, were in critical condition, the police department said. Their identities were not immediately released.
Authorities did not reveal how the people were injured, other than to say they were critically hurt in the lightning strike.
Officers with the Secret Service and the U.S. Park Police witnessed the lightning strike Thursday night and ran over to render first aid, officials said.
Emergency medical crews were called to the scene just before 7 p.m. and had transported all of the victims to the hospital with “critical, life-threatening injures,” fire department spokesman Vito Maggiolo said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/05/lightning-strike-near-white-house-leaves-2-dead-2-injured/ | 2022-08-05T14:46:26Z |
Presidential x Rove Moon Rock Pre-Rolls and Blunts launch in dispensaries state-wide on May 16th
LOS ANGELES, May 16, 2022 /PRNewswire/ -- Presidential Cannabis Co. ("Presidential"), one of the largest infused flower cannabis companies and a leading maker of pre-rolls in California, today announced an integrated partnership with Rove, legacy cannabis manufacturer and one of the fastest-growing premium cannabis companies in the nation.
Presidential's newest pre-rolled products feature high-quality flower infused through Presidenitial's proprietary process with premium THC distillate formulated by Rove and coated in the highest-quality kief. The results are potent, slow-burning Moon Rocks, which are then ground and rolled in 1g and 1.5g organic hemp cones and 100% tobacco free blunt wraps, respectively. Presidential x Rove Moon Rock products come individually wrapped and are currently available in the classic sativa strain, Waui. The native Hawaiian strain activates euphoric, stress-relieving qualities and contains notes of sweet pineapple and other tropical flavors. Both Presidential and Rove use flower that is grown without any chemicals or pesticides.
One of the founding fathers of infused products in the U.S., Presidential combines high-quality flower with cutting-edge science and technology to create safe, reliable and innovative products. Rove provides premium, individualized cannabis experiences through its advanced cultivation, extraction and R&D techniques.
"The collaboration between Presidential and Rove has been in the works for a long time and we're excited about what our teams can accomplish together as the products hit shelves," said Everett Smith, co-founder and CEO of Presidential. "We both share the same goals of providing California consumers with meticulously crafted, high-quality products, and it's key that Presidential continues to build on the strength of our products and our growing roster of strategic collaborations as we look to expand our reach into new markets. "
"Presidential is the champion of Moon Rocks and infused pre-rolls," said Paul Jacobson, CEO of Rove. "This collaboration is a superior choice for experienced connoisseurs seeking chemical and pesticide-free flower and potent experiences. We're proud to partner with Presidential on this launch and provide consumers with the best and most innovative products."
Previously, Presidential has launched Moon Rock pre-roll collaborations with renowned cannabis brands including Moxie and THC Design.
For more information please visit, www.presidentialmoonrocks.com and www.rovebrand.com
About Presidential
Launched in 2012, Los Angeles-based Presidential is one of the largest infused flower cannabis companies and the third largest pre-roll brand in California. Presidential products can be found in 400+ retail stores across the state including Medmen, Stiiizy, Harborside, Emjay, MMD, Project Cannabis, Catalyst, Empire, March & Ash, Coachella Smoke Co., Culture and many more.
Dubbed 'The World's Strongest Pre-Rolls', Presidential is renowned and loved as the producer of the #1 ranked Infused Moonrock Blunt and is one of the top-selling brands overall in California. The brand is co-founded by Everett Smith, former professional athlete and entrepreneur, and businessman and entrepreneur John Zapp. Everett and John take pride in continuing to lead product innovation in the cannabis industry and their goal is to combine organically grown cannabis with cutting edge science & technology to create the safest and most reliable products on the market. Together, they have proven that great entrepreneurs and teams are made through experiences, hard work and inspiration.
In 2022, Everett and John debuted a NY-style pizzeria, Esco's, as well as a speak-easy style lounge, the Presidential Suite, located in West Hollywood off of La Brea. Esco's diners can find entry to the Suite through a NYC subway car in the restaurant, which also features monthly-rotating art installations.
Find more about Presidential here and follow on Instagram here.
About Rove
Rove means to wander, and was envisioned in 2016 to encourage enthusiasts to enjoy cannabis while searching for new experiences. Headquartered in California, Rove is a multi-state cannabis manufacturer operating in California, Nevada, Oklahoma, Michigan, Massachusetts, Arizona and Missouri. All Rove products are specially crafted by its in-house product development team and designed to provide the best quality, best tasting, and safest experience to consumers. Rove is the first cannabis manufacturer to implement a QR code-scanning mobile app to ensure authenticity and provide information on cannabinoid and terpene content, as well as ensure any given product is free from pesticides and foreign material.
Presidential Media Contact
Juliet Fairbrother
MATTIO Communications
juliet@mattio.com
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SOURCE Presidential | https://www.mysuncoast.com/prnewswire/2022/05/16/presidential-announces-integrated-partnership-with-rove-california/ | 2022-05-16T18:49:27Z |
GCI expects scores to increase even more as it progresses toward 10 gig internet speeds
ANCHORAGE, Alaska, Aug. 3, 2022 /PRNewswire/ -- For the seventh straight year, GCI has been named Alaska's fastest internet service provider (ISP) by PCMag.com. GCI raised the bar yet again, setting a record high PCMag Speed Index (PSI) score of 176.7.
GCI's PSI score places it well above national providers Cox, Sparklight and AT&T Internet, which scored 143.8, 142.6, and 134, respectively. GCI's PSI score is also nearly three times higher than low earth orbit satellite provider Starlink, which clocked in at 60.5.
According to PCMag.com, "[GCI] set a record high of 149.0 last year for a PSI and eclipsed it again this time with a 176.7. It even has plans to introduce 10-Gig in the coming years."
"We're pleased to be recognized as Alaska's fastest ISP for the seventh year running," said GCI Chief Communications Officer Heather Handyside. "With the launch of residential 2 gig internet speeds last year and the addition of even more communities to our fiber-optic footprint, it's great to see that third-party analysis confirms what we already know — GCI delivers Alaska's fastest internet on the state's most advanced network!"
GCI was the first ISP in Alaska, and among the first in the country, to make 2 gig internet speeds widely available. Currently, GCI provides access to residential 2 gig internet speeds to 80% of Alaskans and is on track to deliver 10 gig service.
"Not only are we offering the best internet experience in Alaska, but we are also offering packages that combine GCI's superior internet service with 5G mobile service to provide cost savings and value for Alaskans," said GCI Chief Marketing Officer Kate Slyker. "Our customers can now get 5G and home broadband together starting at $99 a month for both services — it's a phenomenal deal. We are committed to sharing Alaska's most advanced network for Alaskans at an unmatched value."
GCI continues to expand its fiber footprint in Alaska and expects to launch 2 gig service in six new communities through its AU-Aleutians Fiber Project. The project is scheduled to deliver urban-level speed, service and reliability for the first time to the communities of Unalaska and Akutan by the end of 2022, Sand Point and King Cove by the end of 2023, and Chignik Bay and Larsen Bay in late 2024. GCI is also exploring a potential project to extend its fiber to Bethel, Alaska, which would deliver urban-level internet to the western Alaska community.
GCI's investment in its network doesn't just mean faster internet speeds, it also lays the groundwork for improved wireless service for its customers.
"As our PCMag rating indicates, GCI's internet service is leaps and bounds ahead of the competition, but it's important to point out that we have the same intention for GCI's wireless network," said Handyside. "In fact, we've already achieved that in Anchorage, where our 5G network delivers mobile data speeds that are twice that of AT&T. Alaskans need fast connectivity everywhere, not just at home."
GCI launched Alaska's first 5G network in Anchorage in 2020 and is currently expanding its 5G footprint in the Matanuska Valley. GCI expects to invest approximately $150 million in 2022 to improve wireless connectivity in communities across the state.
To determine a provider's PSI score, PCMag incorporates 80% of the download speed with 20% of the upload speed, based on results from PCMag's speed test tool. ISPs must receive a minimum of 100 different tests to be considered.
About GCI
Headquartered in Alaska, GCI provides data, mobile, video, voice and managed services to consumer, business, government, and carrier customers throughout Alaska, serving more than 200 communities. The company has invested more than $4 billion in its Alaska network and facilities over the past 40 years and recently launched true standards-based 5G NR service in Anchorage, now the nation's northernmost 5G service area. Learn more about GCI at www.gci.com. GCI is a wholly owned subsidiary of Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP). Learn more about Liberty Broadband at http://www.libertybroadband.com.
Visit the GCI Digital Newsroom for the latest news and information
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SOURCE GCI | https://www.kxii.com/prnewswire/2022/08/03/pcmagcom-names-gci-alaskas-fastest-isp-seventh-consecutive-year/ | 2022-08-03T15:21:37Z |
(The Hill) — President Joe Biden is in a tough spot following the FBI’s search of former President Donald Trump’s Mar-a-Lago residence, facing a delicate dance of handling the situation while steadfastly appearing not to politically taint the Department of Justice (DOJ).
Republican lawmakers almost immediately lashed out at Biden following news of the search, which was shared by Trump himself, raising questions about how soon the former president might announce he’s running again in 2024. It comes as Biden navigates skepticism within his own party about whether he should seek reelection — a potential repeat match-up of 2020.
The White House insisted on Tuesday that Biden had no advance notice of the FBI search in Florida the day before, telling reporters that he learned of it through public reports and distancing itself from the DOJ’s investigation into Trump.
“The president and the White House learned about this FBI search from public reports. We learned just like the American public did yesterday, and we did not have advance notice of this activity,” White House press secretary Karine Jean-Pierre said.
She described Biden as completely uninvolved, stressing the president believes the DOJ should conduct its investigations independently.
Democratic strategists argued that is the White House’s best move.
“Unlike Trump, who explicitly politicized the DOJ, and every Republican who cheered him on as they now cry crocodile tears, Biden is doing the right thing by letting the DOJ and FBI — whose director is a lifelong Republican appointed by Trump — do their job without notice to or direction from the White House,” said Democratic strategist Eddie Vale.
The dramatic step by the FBI, which is run by Trump appointee Christopher Wray, in searching the former president’s Mar-a-Lago estate has increased speculation that Trump is in legal jeopardy. The search was reportedly focused on the retention of classified materials and came after the FBI secured a search warrant from a federal magistrate judge.
Trump has decried the situation as politically motivated. As news of the search broke Monday night, the White House would only say that it “did not have notice of the reported action.”
Republican strategist Doug Heye argued that the president’s best strategy is to avoid politicizing the operation to show the differences between Biden and Trump.
“Biden should resist acting as Trump did in politicizing the Department of Justice and FBI and remain above the fray. And he should make that clear every opportunity he gets,” Heye said.
One Democratic strategist said all Biden has to do is “get out of the way.”
“Get out of the way and stay out of the way and let him implode,” the strategist said. “He was bound to implode sooner or later. All the better now while Biden is gaining wins.”
A Democratic donor agreed, adding that the White House should keep quiet.
“Sometimes silence says it all,” the donor said. “Silence is the way to go.”
The search comes as speculation grows over whether — and when — Trump will announce his candidacy in 2024 and whether Biden will be too old if he runs in the next presidential election cycle.
Biden said in an interview that month that he wouldn’t be disappointed if 2024 was a rematch between himself and Trump.
Biden will be 81 years old in 2024. Last month, Democratic Rep. Dean Phillips (Minn.) said he would not support Biden if he ran for reelection.
Other Democrats have dodged the question entirely.
“Is the timing of this event politically awkward? Sure. With Trump around, it always will be. Nonetheless, the FBI and the Justice Department must do their work despite the political environment,” said former Rep. Chris Carney (D-Pa.), a Biden ally.
“Regardless of the fact we are in a highly charged political environment, the Justice Department still has a job to do. The accused will always cry ‘political persecution.’ It’s noteworthy that FBI Director Christopher Wray, a Trump appointee, saw enough evidence to pursue the warrant,” he added.
Many Republicans blamed Biden himself for the search, suggesting that he was using the DOJ to go after a political opponent. When asked how the White House might combat this message — and address how much of the American public might actually believe that — Jean-Pierre continued to refuse to comment, saying she would not talk about any investigation by the DOJ.
Some Republican lawmakers Monday night invoked the president’s son Hunter Biden, who is under federal investigation for his worldwide business dealings, suggesting that federal authorities had not been probing that matter as intensely as Trump’s.
But the White House has doubled down on its approach to remove President Biden from the Trump situation, saying he had not been briefed on the search as of Tuesday and insisted on not getting dragged into it.
Jean-Pierre on Tuesday also would not reveal whether Attorney General Merrick Garland signed off on the search or say if the president had spoken to Garland, whom he appointed.
Heye argued that given the distrust of the DOJ and the FBI that was largely established under Trump, someone in the current administration should answer lingering questions about the search.
”It’s critical that Garland and/or Wray answer whatever questions they can as soon as possible,” Heye said.
Despite many unanswered questions and outrage from Trump and his allies, Democratic strategist Joel Payne suggested the president should stay “above the fray.”
“President Biden does not have to lean into this news,” Payne said. “It tells its story organically. The contrast is clear between the two men, for better and worse.”
Amie Parnes contributed to this report. | https://cw33.com/news/nexstar-media-wire/biden-in-a-tough-spot-on-trump-after-fbi-mar-a-lago-search/ | 2022-08-10T16:13:39Z |
VANCOUVER, BC, Aug. 23, 2022 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or "the Company") (TSX: GAU) (NYSE American: GAU) announces the release of its 2021 Sustainability Report (the "Report"), which marks its continuous progress on environmental, social and governance topics and outlines its vision for sustainability going forward.
In 2021, Galiano further expanded its sustainability efforts to include an assessment of internal governance processes and increased transparency on engagement with stakeholders on material sustainability issues over the medium and long-term.
The Report has been prepared in accordance with the Global Reporting Initiative ("GRI") Core Option. It details our efforts to sustain progress by putting in place the policies, systems, and processes to move towards a more responsible and sustainable business model and highlights the achievements in 2021 in line with our business strategy.
2021 Sustainability Report Highlights:
- Zero significant environmental incidents
- Zero fatalities and no operational downtime during the pandemic
- 0.21 Total Recordable Injury Frequency Rate and 0.10 Lost Time Injury Rate
- Completion of the International Cyanide Management Code (ICMC) Certification
- Completion of third-party occupational health & safety and security audits and the human rights impact assessment
- Commencement of the implementation of improvement measures following the Climate Change Vulnerability Risk Assessment
- Workforce Development Plan (recruitment & training) nearing completion
- Efficacy of malaria reduction program reviewed to identify the ways program can be further improved
- Risk Management System reviewed and updated
- Completed the construction of the Esaase Community Hospital
- Agreement with the Volta River Authority on the future provision of solar power for up to 20% of our energy needs at the mine site
- US$304.2m in-country procurement spend supporting 337 Ghanaian businesses
Todd Romaine, EVP Sustainability and Investor Relations, commented: "2021 was a transformational year for Galiano as we put in place enhanced strategies and plans that provide the foundation for our long-term success.
I am proud to report that we made significant improvements in health and safety performance and reduced both our LTIFR by 50% and TRIFR by over 20% compared to 2020.
Our climate change adaptation plan is progressing well with the identified improvement actions already under implementation. We are already implementing a number of key projects that will reduce our carbon footprint, including the signing of an agreement with the Volta River Authority on the provision of solar power for up to 20% of our energy needs at the mine site.
Our program efforts on human rights initiatives continue to align with national laws and international norms. An independent third-party audit was conducted in 2021 and subsequent to this, an action log was developed to address areas of improvement that align with evolving best practices.
With a sustainable business model grounded in stewarding the Asanko Gold Mine, we strive for operational excellence while reducing emissions, mitigating risks responsibly, and giving back to the local Ghanaian economy.
To view or download a copy of the Report and the GRI register please see the Sustainability section of the Galiano Gold website at https://www.galianogold.com/sustainability/reports-and-publications/default.aspx.
About Galiano Gold Inc.
Galiano is focused on creating a sustainable business capable of long-term value creation for its stakeholders through organic production growth, exploration, and disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa which is jointly owned with Gold Fields Ltd. The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities. For more information, please visit www.galianogold.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements and information contained in this news release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which we refer to collectively as "forward-looking statements". Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future conditions and courses of action. All statements and information other than statements of historical fact may be forward looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking statements in this news release include, but are not limited to: statements relating to the Company's sustainability strategy; statements regarding the strategic priorities and goals, targets, commitments and plans and expectations regarding those goals, targets, commitments and plans; and statements regarding the Company's future plans and goals in the areas of sustainable and economic development, governance, people, health, safety, security, internal and external audits, environment and community development, including the Company's future strategic, operational and sustainability objectives, goals and performance targets, as well as the Company's ability to implement such plans and ability to generate the desired results therefrom. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to: the Company and Gold Fields Ltd. will agree on the manner in which the joint venture ("JV") will operate the Asanko Gold Mine (the "AGM"), including agreement on development plans and capital expenditures; the global financial markets and general economic conditions will be stable and prosperous in the future; the ability of the JV and the Company to comply with applicable governmental regulations and standards; the mining laws, tax laws and other laws in Ghana applicable to the AGM and the JV will not change, and there will be no imposition of additional exchange controls in Ghana; the success of the JV and the Company in implementing its development strategies and achieving its business objectives; the JV will have sufficient working capital necessary to sustain its operations on an ongoing basis and the Company will continue to have sufficient working capital to fund its operations and contributions to the JV; and the key personnel of the Company and the JV will continue their employment.
The foregoing list of assumptions cannot be considered exhaustive.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those anticipated in such forward-looking statements. The Company believes the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and you are cautioned not to place undue reliance on forward-looking statements contained herein. Some of the risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements contained in this news release, include, but are not limited to: risks associated with the Company ceasing its mining operations during 2022; actual production, costs, returns and other economic and financial performance may vary from the Company's estimates in response to a variety of factors, many of which are not within the Company's control; the Company's operations are subject to continuously evolving legislation, compliance with which may be difficult, uneconomic or require significant expenditures; the Company may be unsuccessful in attracting and retaining key personnel; labour disruptions could adversely affect the Company's operations; the Company's business is subject to risks associated with operating in a foreign country; the Company's operations are subject to environmental hazards and compliance with applicable environmental laws and regulations; the effects of climate change or extreme weather events may cause prolonged disruption to the delivery of essential commodities which could negatively affect production efficiency; the Company's operations and workforce are exposed to health and safety risks; unexpected costs and delays related to, or the failure of the Company to obtain, necessary permits could impede the Company's operations; the Company's properties may be subject to claims by various community stakeholders; risks related to limited access to infrastructure and water; the Company's primary asset is held through a JV, which exposes the Company to risks inherent to joint ventures, including disagreements with its JV partner and similar risks; risks related to information systems security threats; and the risk factors described under the heading "Risk Factors" in the Company's Annual Information Form.
Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking statements, you are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements included in, or incorporated by reference in, this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Galiano Gold Inc. | https://www.wibw.com/prnewswire/2022/08/23/galiano-gold-releases-annual-2021-sustainability-report/ | 2022-08-23T22:49:05Z |
OKLAHOMA CITY, May 5, 2022 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric Company ("OG&E") today reported earnings of $1.39 per diluted share, during the three months that ended March 31, 2022, compared to $0.26 per diluted share in the same period 2021.
- OG&E, a regulated electric utility, reported earnings of $0.19 per share in the first quarter, compared with earnings of $0.06 per share in the first quarter last year.
- Natural Gas Midstream Operations reported earnings of $1.15 per share in the first quarter, compared to net income of $0.19 per share in the first quarter 2021.
- The holding company and other operations reported earnings of $0.05 per share compared to $0.01 per share in the first quarter 2021.
"Solid execution and load growth in the first quarter have us on plan for the year" said Sean Trauschke, OGE Energy Corp. Chairman, President and CEO. "We continue to grow our investments in technology and equipment that benefit customers through improved reliability, resiliency, communication and security to energize their homes, businesses and lives."
First Quarter 2022
OG&E's reported net income of $39 million, or $0.19 per share in the first quarter, compared to $11 million, or $0.06 per share, in the same period 2021. The increase in net income was primarily due to higher operating revenues driven by the loss in 2021 from the Guaranteed Flat Bill program during Winter Storm Uri and higher revenues in 2022 from the recovery of capital investments, partially offset by increased depreciation on a growing asset base, and higher operation and maintenance expense.
Natural Gas Midstream Operations contributed net income to OGE Energy Corp. of $230 million, or $1.15 per share in the first quarter, compared to net income of $38 million, or $0.19 per share in the same period 2021.The increase in net income was primarily due to a $282.3 million pre-tax unrealized mark-to-market gain on OGE Energy's investment in Energy Transfer's equity securities, partially offset by a decrease in equity in earnings of Enable, which was driven by the merger of Enable and Energy Transfer closing in December 2021, and higher income tax expense.
Subsequent to March 31, 2022, OGE began the exit of its Energy Transfer investment. Through the end of April 2022, OGE has sold 21.75 million units of Energy Transfer limited partner units, resulting in pre-tax net proceeds of $246 million and a remaining ownership percentage of approximately two percent based on the latest publicly available information filed by Energy Transfer.
Other Operations net income of $10.4 million includes a tax benefit impact due to a consolidating tax adjustment of $11.9 million related to the unrealized gain on OGE's investment in Energy Transfer's equity securities during the period that will reverse over the course of the year.
OGE Energy's net income was $280 million or $1.39 per share in the first quarter, compared to earnings of $53 million or $0.26 per share in the year-ago quarter.
2022 Outlook
OG&E's 2022 earnings guidance is unchanged and is between approximately $375 million to $395 million, or $1.87 to $1.97 per average diluted share. As indicated in its 2021 Form 10-K, OGE Energy did not issue guidance for its natural gas midstream operations segment and therefore did not issue 2022 consolidated earnings guidance. See OGE Energy's 2021 Form 10-K for other key factors and assumptions underlying its 2022 guidance.
Conference Call Webcast
OGE Energy Corp. will host a conference call for discussion of the results on Thursday, May 5, at 8 a.m. CDT. The conference will be available through the Investor Center at www.oge.com.
OGE Energy Corp. is the parent company of OG&E, a regulated electric utility with approximately 882,000 customers in Oklahoma and western Arkansas. In addition, as a result of the merger between Enable Midstream and Energy Transfer LP, OGE Energy Corp. owned approximately two percent of Energy Transfer's limited partnership units at the end of April 2022. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, NGL and refined product transportation and terminalling assets; and NGL fractionation.
Some of the matters discussed in this news release may contain forward-looking statements that are subject to certain risks, uncertainties, and assumptions. Such forward-looking statements are intended to be identified in this document by the words "anticipate," "believe," "estimate," "expect," "intend," "objective, "plan," "possible," "potential," "project," "target" and similar expressions. Actual results may vary materially. Factors that could cause actual results to differ materially include, but are not limited to: general economic conditions, including the availability of credit, access to existing lines of credit, access to the commercial paper markets, actions of rating agencies, inflation rates and their impact on capital expenditures; the ability of the Company and its subsidiaries to access the capital markets and obtain financing on favorable terms as well as inflation rates and monetary fluctuations; the ability to obtain timely and sufficient rate relief to allow for recovery, including through securitization, of items such as capital expenditures, fuel costs, operating costs, transmission costs and deferred expenditures; prices and availability of electricity, coal and natural gas; competitive factors, including the extent and timing of the entry of additional competition in the markets served by the Company; the impact on demand for services resulting from cost competitive advances in technology, such as distributed electricity generation and customer energy efficiency programs; technological developments, changing markets and other factors that result in competitive disadvantages and create the potential for impairment of existing assets; factors affecting utility operations such as unusual weather conditions; catastrophic weather-related damage; unscheduled generation outages, unusual maintenance or repairs; unanticipated changes to fossil fuel, natural gas or coal supply costs or availability due to higher demand, shortages, transportation problems or other developments; environmental incidents; or electric transmission or gas pipeline system constraints; availability and prices of raw materials and equipment for current and future construction projects; the effect of retroactive pricing of transactions in the SPP markets or adjustments in market pricing mechanisms by the SPP; federal or state legislation and regulatory decisions and initiatives that affect cost and investment recovery, have an impact on rate structures or affect the speed and degree to which competition enters the Company's markets; environmental laws, safety laws or other regulations that may impact the cost of operations, restrict or change the way the Company's facilities are operated or result in stranded assets; changes in accounting standards, rules or guidelines; the discontinuance of accounting principles for certain types of rate-regulated activities; the cost of protecting assets against, or damage due to, terrorism or cyberattacks, including losing control of our assets and potential ransoms, and other catastrophic events; creditworthiness of suppliers, customers and other contractual parties, including large, new customers from emerging industries such as cryptocurrency; social attitudes regarding the utility, natural gas and power industries; identification of suitable investment opportunities to enhance shareholder returns and achieve long-term financial objectives through business acquisitions and divestitures; increased pension and healthcare costs; the impact of extraordinary external events, such as the current pandemic health event resulting from COVID-19, and their collateral consequences, including extended disruption of economic activity in the Company's markets with an unclear path to national and global economic recovery; potential employee engagement issues and/or increased rates of employee turnover if federal or state authorities impose COVID-19-related vaccine or testing mandates; global events that could adversely affect and/or exacerbate macroeconomic conditions, including inflationary pressures, supply chain disruptions and uncertainty surrounding continued hostilities or sustained military campaigns; costs and other effects of legal and administrative proceedings, settlements, investigations, claims and matters, including, but not limited to, those described in the Form 10-Q for the period ending March 31, 2022; business conditions in the energy and natural gas midstream industries, including specifically for Energy Transfer that may affect the fair value of the Company's investment in Energy Transfer's equity securities and the level of distributions the Company receives from Energy Transfer; difficulty in making accurate assumptions and projections regarding future distributions associated with the Company's investment in Energy Transfer's equity securities, as the Company does not control Energy Transfer; and other risk factors listed in the reports filed by the Company with the Securities and Exchange Commission, including those listed in Risk Factors in the Company's 2021 Form 10-K for the year ended December 31, 2021.
Note: Condensed Consolidated Statements of Income for OGE Energy Corp., Condensed Statements of Income and Comprehensive Income for Oklahoma Gas & Electric Company, and Financial and Statistical Data for Oklahoma Gas & Electric Company attached.
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SOURCE OGE Energy Corp. | https://www.wibw.com/prnewswire/2022/05/05/oge-energy-corp-reports-first-quarter-2022-results/ | 2022-05-05T12:11:56Z |
Tishomingo moves to stage four for water conservation
TISHOMINGO, Okla. (KXII) - The City of Tishomingo has entered stage four for water conservation.
The city passed Ordinance No. 2022-05 during Monday night’s city council meeting.
According to the city, stage four is triggered when the daily water usage reaches ninety-six percent or more of plant capacity for six consecutive days, or when the USGS Reagan gage drops below five cfs during any two days in a seven-day period, or when the U.S. Drought Monitor for Oklahoma categorizes Johnston County to be in D3 Extreme Drought.
Members of the council said the purpose of further implementing water conservation measures is to “preserve and protect the public health, safety, and general welfare” of Tishomingo customers.
According to the city, the only outdoor watering allowed will be hand watering, including hand watering sports fields, golf greens, and flowerbeds. Additionally, commercial and non-residential users may be contacted to decrease consumption.
The city of Tishomingo said violators of these mandatory conservation measures with be penalized with fines.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/16/tishomingo-moves-stage-four-water-conservation/ | 2022-08-16T18:38:46Z |
SHANGHAI, China and WATERLOO, ON, June 27, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) and PATEO, a leading Internet of Vehicles (IoV) technology service & product provider in China, today announced that PATEO's intelligent cockpit, PATEO CONNECT+, will be powered by BlackBerry® QNX® technology and put into mass production in more than ten individual models across five OEMs, including VOYAH, Hozon New Energy (NETA), a top private car company in China and two international automakers.
Leveraging the QNX® Neutrino® Real-Time Operating System (RTOS) and QNX® Hypervisor to create an intelligent digital cockpit that delivers a more personalized and interactive driving experience, the collaboration marks another milestone following the two companies' agreement earlier this year to launch a pilot integrating BlackBerry IVY™ within PATEO's Service-Oriented Architecture (SOA) solutions with a leading Chinese automobile manufacturer's all-electric model lineup.
Ken (Yilun) YING, founder and Chairman of PATEO, said: "BlackBerry is a leader in the embedded automotive software market and has gone from building secure mobile phones that changed the world to spearheading innovations in the software-defined vehicle space that are revolutionizing how cars are designed and driven. The latest cooperation between PATEO and BlackBerry will bring drivers and passengers alike a safer, more efficient and personalized cockpit experience while ensuring system security and reliability. We look forward to deepening our work together and building on our initial successes with automakers to usher in the next-generation of intelligent vehicle experiences."
"As the market leader for safety-certified embedded software in the automotive sector, BlackBerry is committed to providing a safe, reliable, and secure software foundation for our partners" said Dhiraj Handa, VP, Asia Pacific region at BlackBerry. "Underpinned by BlackBerry QNX technology, we're pleased that PATEO's leading-edge intelligent cockpit has been so heartily embraced by both Chinese and global automakers, enabling growing numbers of drivers around the world to get a first-hand look at where the future of the technology-enabled, in-car experience is headed."
PATEO's intelligent digital cockpit uses multimodal technology to support interactions across multiple screens, including the cluster and center console, while offering the driver a more natural human-computer interaction (HCI) experience through an AI-based voice activated assistant. Augmented by a rich application ecosystem containing multimedia and navigation options, the cockpit provides deep customization capabilities to meet the diverse driving needs of the user.
Combining the high computing power of the Qualcomm Snapdragon SA8155 processor alongside the QNX Neutrino RTOS and QNX Hypervisor, PATEO CONNECT+ is both flexible and scalable. BlackBerry QNX software also enables PATEO to consolidate multiple systems with mixed criticality and different operating environments onto a single powerful hardware and software platform, reducing both the initial development and long-term costs of ownership while still ensuring the highest standards of functional safety and security, providing an enhanced, unified and integrated user experience to all passengers.
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BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 215M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear — to secure a connected future you can trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow @BlackBerry.
Trademarks, including but not limited to BLACKBERRY, EMBLEM Design and QNX are the trademarks or registered trademarks of BlackBerry Limited, its subsidiaries and/or affiliates, used under license, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.
Founded in 2009, PATEO CONNECT+ has now grown to be an IoV enterprise boasting an industry-leading capital structure & business scale in China and rich resources for serving auto clients.
PATEO possesses five core technologies of OS, intelligent voice, hardware, HD map and cloud platform, is mainly engaged in the R&D and manufacturing of intelligent telematics system and provision of subsequent supporting services, and commits itself to building a cross-platform system that integrates vehicle, Internet and mobile phone and centers on car life services.
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com
PATEO Media Relations
+86 (21) 6037 2003
marketing@pateo.com.cn
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SOURCE BlackBerry Limited | https://www.kxii.com/prnewswire/2022/06/28/blackberry-powered-pateo-digital-cockpit-selected-10-new-vehicle-models-across-five-oems/ | 2022-06-28T04:17:53Z |
CHICAGO, June 13, 2022 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or "TWI") today released the following business update.
Last week, Titan's stockholders voted to support the Board's recommendations, with all ballot items receiving the majority of the proxy votes. Morry Taylor, TWI's Chairman of the Board of Directors, stated, "I appreciate the continued support from our stockholders and the recognition of the Company's success. I believe that our stockholders understand the progress we have made over the last several years. We will continue to engage and listen to our investors to get various viewpoints. As always, we invite anyone to come visit us at any of our facilities."
Morry Taylor concluded, "the Board met after the annual stockholders' meeting last week, and we are all struck by the strides that Titan has made over the last several years, but even more so, the outlook is getting stronger, as indicated by this release. I feel like there is nothing but bright skies ahead for TWI."
David Martin, Senior Vice President and Chief Financial Officer, commented, "the business climate continues to be strong for Titan, and our financial performance in the second quarter has exceeded expectations, and the outlook for the remainder of the year continues to be positive. As a result of our strong performance, it is important to update investors prior to the release of our second quarter earnings expected to be released in early August, that we are exceeding expectations. At this point, we expect second quarter sales to be at or exceeding the level of our first quarter sales, while our margins are expected to be stronger. For the full year, we now anticipate sales to be around $2.2 billion, with adjusted EBITDA between $225 million and $240 million, which will be our strongest performance in our history."
Paul Reitz, President and Chief Executive Officer further commented, "not only are we seeing strength in sales, but we are achieving solid flow through to our margins and bottom line, based on improved plant productivity and efficiency, and healthy product mix. Our Titan team continues to manage our supply chain effectively along with handling the unprecedented inflationary environment well. We believe that strength of our end-markets and our performance has a solid runway in front of us for the next couple of years, and this belief is supported by the numerous market factors in place, including high farm commodity prices, low equipment inventory levels, both new and used, and strong farmer balance sheets. Most importantly, the Ag sector should hold up despite the inflationary environment surrounding us, based on these and other fundamentals."
In addition, during the second quarter of 2022, the Company will report approximately $22 million in other income for non-income tax credits in Brazil, based on the formal approval from the Brazilian government this quarter. This matter relates to previously paid indirect taxes that were subject to successful legal claims, which was previously disclosed in the Company's first quarter 2022 10-Q. The cash flow from these tax credits is expected to be realized over the next two years. This positive cash flow will enable the Company to continue to reduce debt over time, and fund ongoing critical investments to advance the business. An additional $10 million in tax credits are still pending formal approval by government authorities and will be recognized when such approval is received. These tax credits will be subject to income taxes in Brazil. Based on the non-recurring nature of these credits, the total is not included in the updated adjusted EBITDA full year guidance.
Safe Harbor Statement: This press release contains forward-looking statements. These forward-looking statements are covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "plan," "would," "could," "potential," "may," "will," and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. Although we believe the assumptions upon which these forward-looking statements are based are reasonable, these assumptions are subject to significant risks and uncertainties. These risk factors include, but are not limited to the effect of the COVID-19 pandemic on our operations and financial performance; the effect of a recession on the Company and its customers and suppliers; changes in the Company's end-user markets into which the Company sells its products as a result of domestic and world economic or regulatory influences or otherwise; changes in the marketplace, including new products and pricing changes by the Company's competitors; availability and price of raw materials; availability and price of supply chain logistics and freight; levels of operating efficiencies; and geopolitical and economic uncertainties relating to the countries in which the Company operates or does business. Additional risks and other factors that could cause actual results or events to differ materially from those contemplated in this release are detailed in the Company's reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission, especially the disclosures under "Risk Factors" in those reports. These forward-looking statements are made only as of the date hereof. The Company cautions that any forward-looking statements included in this press release are subject to a number of risks and uncertainties, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events, or for any other reason, except as required by law.
About Titan: Titan International, Inc. (NYSE: TWI) is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products. Headquartered in West Chicago, Illinois, the company globally produces a broad range of products to meet the specifications of original equipment manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets. For more information, visit www.titan-intl.com.
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SOURCE Titan International, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/13/titan-international-inc-provides-update-strong-business-momentum/ | 2022-06-14T01:09:18Z |
Towne Bank has selected Baker Hill NextGen® as its vendor of choice for a holistic, integrated SaaS solution to power it's lending and portfolio business operations
CARMEL, Ind., July 25, 2022 /PRNewswire/ -- Baker Hill, the leading financial technology provider in delivering integrated technology solutions for loan origination, risk management, and analytics, today announced a revitalized collaboration with TowneBank. The community-minded bank will implement Baker Hill NextGen®, Baker Hill's unified solution that streamlines loan origination and portfolio monitoring.
Founded in 1999, TowneBank is community-oriented financial institution focused delivering the ultimate in customer service that currently has more than 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina. As part of its core commitment to its customers and employees, TowneBank is dedicating to providing quality, upscale banking facilities that house the most efficient technology available. By adapting from Baker Hill's legacy product to Baker Hill NextGen®, TowneBank will continue to develop modern lending proficiencies while streamlining banking operations into the single-solution platform.
"After looking at our options in the marketplace, we selected Baker Hill NextGen® Loan Origination product suite," said Brad Schwartz, President & Chief Operating Officer at TowneBank. "Baker Hill met our requirements for a timely implementation schedule for consumer, small business, and commercial loans along with all the credit and integration components. In the end, we chose Baker Hill to improve our speed to commitment, speed to closing, and ease of use for our bankers and members."
An almost 20-year client of Baker Hill, TowneBank's decision to transition to Baker Hill NextGen® was driven by its commitment to investing in the most effective and enhanced financial technology systems available. Baker Hill's ability to provide a full advisory services team to provide expert guidance, training, and insights as well as the ease of use of a single, unified solution made Baker Hill the standout choice when it came to TowneBank continuing to partner with Baker Hill.
"We are thrilled to continue expanding our partnership with TowneBank," said John M. Deignan, president and chief executive officer of Baker Hill. "As the industry moves into the next phase of banking with an increased focused on digital offerings, transforming the way our long-term colleagues serve their customers brings pride to our entire team."
With over 35 years of industry expertise, Baker Hill is providing state of the art lending and risk management solutions with unparalleled advisory support for community banks and financial institutions.
For more information on Baker Hill NextGen® visit www.bakerhill.com.
Baker Hill is the expert solution for loan origination, portfolio management, and analytics for financial institutions in the United States. The company delivers a single, unified platform with modern solutions to streamline loan origination and portfolio risk management for commercial, small business and consumer lending. The Baker Hill NextGen® platform also delivers sophisticated analytics and marketing solutions that support sound business decisions to mitigate risk, generate growth and maximize profitability.
Media Contact:
Haley Williams
haley.williams@bakerhill.com
317.814.1254
Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a focus of serving others and enriching lives. Dedicated to a culture of caring, Towne values all employees and members by embracing their diverse talents, perspectives, and experiences.
Today, the bank operates over 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina – serving as a local leader in promoting the social, cultural, and economic growth in each community. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. Towne has grown its capabilities beyond banking to provide expertise through its controlled divisions and subsidiaries that include Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. With total assets of $16.67 billion as of March 31, 2022, TowneBank is one of the largest banks headquartered in Virginia.
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SOURCE Baker Hill | https://www.wibw.com/prnewswire/2022/07/25/townebank-expands-enhances-collaboration-with-baker-hill-nextgen/ | 2022-07-25T17:39:40Z |
ALPINE, Utah, Aug. 12, 2022 /PRNewswire/ -- Van Wagner and SponsorCX are pleased to announce they have entered into a partnership. SponsorCX will provide its world-class software to Van Wagner to manage their industry leading multimedia rights college division.
With technology playing an increasingly critical role in every aspect of sponsorship management, more and more organizations, like Van Wagner, are recognizing that they need to accelerate their sponsorship management processes to ensure they have a streamlined solution for sales, on-boarding, and activation with their partners. Van Wagner has been seeking a solution that quickly amasses data and provides a simple, easy-to-use, platform that can be utilized across their portfolio of campus marketing partners.
"This partnership with Van Wagner is the beginning of a much bigger trend we are seeing in the sponsorship industry," says Jason Smith, founder and CEO of SponsorCX. "So many properties across the world are seeking a better solution than what has been provided in the past. We couldn't be prouder to partner with Mike Palisi and the Van Wagner team to lead out in a new and innovative way to manage sponsorships. It's a pleasure to work with forward-thinking organizations that are always looking to take their processes to the next level."
Serving clients across various industries, including sports, entertainment, events, arts, and non-profits, SponsorCX provides a suite of online automated sponsorship management tools, including:
- Relationship Management
- Fulfillment Management
- Inventory Management
"Van Wagner takes pride in bringing innovation, while over-delivering value, to our clients and partners," said Mike Palisi, President, Van Wagner College. "Partnering with SponsorCX, which was developed by Jason Smith who enjoyed a tremendously successful career in our field and uniquely understands our industry, will further streamline communication and enhance collaboration by integrating sponsorship sales and fulfillment into one easily accessible platform."
SponsorCX is a leader in sponsorship management within the sports, entertainment, causes, arts, and events industries. It is a complete sponsorship management tool to assist in managing sales, fulfillment, and inventory to maximize sponsorship revenue. The company was founded in 2017, and continues to grow rapidly as the newest and most innovative sponsorship software solution in the industry. Learn more at sponsorcx.com
Van Wagner Sports, a wholly-owned subsidiary of Van Wagner Group LLC, creates, advises, and sells on behalf of world-class teams, leagues, brands, properties, and colleges. An innovator in the sports and media business, Van Wagner is a global leader in high-impact broadcast visible signage throughout the MLB, NBA, NCAA, and the highest levels of international soccer, sponsorships sales, college multi-media rights, and in-venue content production at the world's biggest sporting events. www.vanwagner.com.
Contact: admin@sponsorcx.com
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SOURCE SponsorCX | https://www.kxii.com/prnewswire/2022/08/12/van-wagner-partners-with-sponsorcx-manage-sponsor-relationships/ | 2022-08-12T12:37:12Z |
Tomorrow.io to Provide Air Force With Global Weather and Ocean Data Under Multi-Year $19.3 Million Contract Funded Through Commercial Weather Data Pilot Program
BOSTON, Sept. 12, 2022 The Tomorrow Companies Inc. ("Tomorrow.io"), developer of a leading platform for global weather and climate security, has completed assembly and testing of its first precipitation radar and delivered the payload to Astro Digital for satellite integration. Tomorrow.io was awarded a multi-year $19.3 million contract last year from the U.S. Air Force, funded through the Air Force's Commercial Weather Data Pilot Program, to support deployment of the company's first four satellites.
Tomorrow.io selected Astro Digital's Corvus-XL satellite platform for the first two satellites of its constellation. Delivery of the radar payload, after Tomorrow.io and the Air Force conducted a successful critical design review earlier this year, puts Tomorrow.io on track to launch its first satellite in early 2023, with a full constellation expected in orbit during 2025.
Tomorrow.io will offer operational satellite data-as-a-service to the U.S. Department of Defense and governmental agencies worldwide, while also ingesting the data into its proprietary modeling suite that powers its Weather and Climate Security Platform, which is used by hundreds of organizations to proactively manage weather-related challenges.
Precipitation measurements are critical to weather forecasting and are ranked the top priority out of 152 Earth observations by the intergovernmental Group on Earth Observations. Radar provides detailed observations of precipitation that no other sensor can see, yet much of the world lacks reliable ground-based radar coverage, including many areas of interest to the Department of Defense.
Tomorrow.io plans to launch a constellation of approximately 30 small satellites to provide high-resolution global coverage of 3-D precipitation and other key parameters—revisiting each point on the globe every hour on average, compared to the 2- to 3-day revisit rate of existing spaceborne radar missions.
"Global environmental data is essential to effective mission planning and execution of air and ground operations," said John Dreher, materiel leader, Weather Systems Branch, in an Air Force news release. "This satellite constellation partnership with Tomorrow.io will give Air Force weather operators a vastly improved awareness of current and forecasted weather conditions."
The constellation will enhance the Air Force Life Cycle Management Center (AFLCMC) mission to provide authoritative and accurate 24/7 global weather intelligence to the warfighter. Capabilities delivered under this contract are expected to further the Department of Defense's ability to address the Joint Requirements Oversight Council Meteorological and Oceanographic Collection Requirements and bolster weather observations around the globe.
Tomorrow.io announced earlier this year the addition of microwave sounders to its planned satellite constellation, which would create the first commercial multi-sensor weather satellite system owned and operated by a private company. The combined sensing capabilities from radars and sounders will allow Tomorrow.io to acquire multiple types of near real-time, global atmospheric data critical to improving operational weather forecasts.
Tomorrow.io is the world's leading Weather and Climate Security Platform, helping countries, businesses, and individuals manage their weather and climate security challenges. The platform is fully customizable to any industry impacted by the weather. Customers around the world, including Uber, Delta, Ford, National Grid, and more use Tomorrow.io to dramatically improve operational efficiency. Tomorrow.io was built from the ground up to help teams prepare for the business impact of weather by automating decision-making and enabling climate adaptation at scale. To learn more, please go to: www.tomorrow.io
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SOURCE The Tomorrow Companies Inc | https://www.wibw.com/prnewswire/2022/09/12/tomorrowio-delivers-first-radar-weather-satellite-constellation-backed-by-us-air-force/ | 2022-09-12T15:51:21Z |
Which flagship smartphone is better, Samsung Galaxy S22 or iPhone 13?
Samsung and Apple have been at the forefront of smartphone design and manufacturing for quite some time. The Galaxy S and iPhone families are long-running industry leaders in terms of performance and popularity, and the latest releases of each are no exception.
Each flagship family comprises three versions, including a base model, upgrade choice and top-of-the-line offering. The base models offer somewhere from mild to moderate upgrades compared to the previous generation, while the upgrade picks hit the sweet spot for many demanding users. The premium models from each company are generally favored by dedicated enthusiasts.
Samsung Galaxy S22
Samsung smartphones run Android OS, which is the most popular operating system on the planet by a wide margin. The Galaxy lineup has been out since 2009 and is, like Android, the biggest name in smartphones. For a lot of users, the customization that Android (and Samsung’s One UI flavor of it) offers makes it the ideal choice for integrating their favorite apps.
Samsung Galaxy S22 pros
- Remarkably high performance: According to benchmarks, the Snapdragon 8 Gen 1 CPU inside the S22 family is as good as it gets.
- High-speed charging: The 45-watt charging speed is Samsung’s fastest to date.
- A comfortable Android experience: There’s a reason why millions of users are happy with Google’s popular OS. Samsung’s OneUI variant offers a wide range of powerful features and customization options to suit anyone’s needs.
- Four years of Android OS updates: Leading Android smartphone manufacturers are promising multiple years of updates to the latest operating system versions.
Samsung Galaxy S22 cons
- Below-average battery life: Watt for watt and minute for minute, the S22 series doesn’t quite match up to the iPhone 13. This is especially true on the base models.
- No microSD card slot: You’ll be limited to the phone’s internal storage and whatever capacity your favorite cloud storage offers.
Samsung Galaxy S22 models
While it makes some sacrifices in terms of display capabilities and hardware performance, the base model S22 is the perfect upgrade for demanding users who like to buy a premium smartphone every two or three years. It’s not terribly large, the camera quality is good and Samsung’s latest implementation of Android is as user-friendly as it gets. Sold by Amazon
The S22+ is right between the base model and Ultra in a lot of ways, including its size and weight, battery life and feature set. Its combination of a high-refresh-rate display, impressive visual fidelity and snappy user experience make it one of the most desirable phones on the market. Sold by Amazon
Samsung went all out with its latest top-of-the-line mobile device. It’s a collection of the most advanced features around and is ideal for those who spend a lot of time planning, emailing, creating and taking notes on their smartphone, partly thanks to the near-perfect integration of the Samsung S Pen stylus. Sold by Amazon
Apple iPhone 13
Apple products may be somewhat niche, but that doesn’t mean they’re not excellent. After moving to in-house chipset development, Apple’s iPhones (similar to its MacBooks) have seen a significant jump in performance. This, coupled with the constantly updated iOS, makes the iPhone the top choice for millions of Americans.
Apple iPhone 13 pros
- The ultimate in a user-friendly experience: The biggest argument for Apple devices, including the iPhone 13, is that they work just about perfectly with little to no tweaking or other user input. Sure, you can customize the OS’s appearance and a number of features, but consumers can trust the iPhone 13 lineup to work right the first time without having to dig through menus to change important settings.
- Powerful camera algorithm: Another of Apple’s calling cards is the ease with which its smartphone cameras take professional-quality pictures with just a single snap. If you know nothing about photography, don’t worry; your iPhone albums will look great.
- Good battery life: The base model iPhone 13 noticeably beats the vanilla S22 in battery life, while the top models also have a small edge.
- Wide variable refresh rate range: The Pro and Pro Max can run at anywhere from 10 to 120 hertz, meaning you’ll never encounter stutter or lost frames.
- The only compact flagship: The iPhone 13 Mini is the only high-end smartphone with a comparably small stature, bar none.
Apple iPhone 13 cons
- No microSD card slot here, either: While this isn’t new or surprising, it’s odd that the two top phones in 2022 don’t allow for any storage expansion.
- Lots of storage costs a lot: As you move past the base level 128-gigabyte models, iPhone prices get expensive fast.
- Subpar base model display: The standard iPhone doesn’t support any kind of variable refresh rate.
- Lackluster physical appearance: There haven’t been any major improvements to the somewhat boxy iPhone form factor in recent years.
Apple iPhone 13 models
If you’ve been known to upgrade to the latest iPhone on a yearly or bi-yearly basis, the base level iPhone 13 is more of the same — but in a good way. It boasts a long battery life in addition to the premium screen and next-level user experience that Apple is so famous for. Sold by Amazon
Arguably the version with the most bang for the buck, the iPhone 13 Pro borrows premium features from the Pro Max such as a lidar scanner to improve photography, an ultra-high-brightness screen and a variable refresh rate. While it’s not cheap, you can expect it to perform well for several years to come. Sold by Amazon
If you insist on having the absolute best-performing iPhone, this is the one for you. While it’s extremely powerful, it’s also quite large, and one of the most expensive, so only the most dedicated enthusiasts should consider it. Sold by Amazon
There aren’t any other flagship-quality smartphones in this size. If you want something that’s easy to use with one hand but doesn’t skimp on component and screen quality, the iPhone 13 Mini is just about your only choice. Sold by Amazon
Should you get a Galaxy S22 or iPhone 13?
The full-size flagship models from both companies are direct competitors, and each level has a decent amount in common in terms of size, capabilities and overall performance.
As far as premium Apple vs. Samsung smartphones in general, the OS capabilities, app ecosystems and user experience are significantly different. It’s far more common that people stick to the operating system they’re familiar with. With that in mind, your choice between Apple and Samsung comes down to which operating system you prefer.
If you’re new to high-end smartphones, the vanilla iPhone 13 is a slightly better choice than the basic S22. Anyone who’s owned a top-of-the-line smartphone before will likely appreciate the improved features and relative value of the mid-level Galaxy S22+ and iPhone 13 Pro, and at this middle level it’s a toss-up. However, only the most seasoned smartphone enthusiasts should consider shelling out for the S22 Ultra or iPhone 13 Pro Max, both of which pack the most impressive features available.
Where Samsung can’t come close, however, is in the compact smartphone department. If you want something you can use with one hand and slide easily into your pocket, there’s no better choice than the iPhone 13 Mini.
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Chris Thomas 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/samsung-galaxy-s22-vs-iphone-13/ | 2022-04-25T23:16:23Z |
The collaboration with CMPC in Brazil is facilitated through SOSA's partnership with the Brazilian National Confederation of Industry (CNI). Through the partnership, CMPC and SOSA will work to identify advanced tech solutions during a four-month innovation project.
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- CMPC, one of Latin America's largest pulp and paper companies, has announced a partnership with CNI and SOSA, the global open innovation company, to improve the efficiency and sustainability of CMPC's forestry supply chain in Brazil.
SOSA scouts and validates startups for corporations and governments, ensuring innovation teams find precisely the technologies they need to solve business problems, identify opportunities, and build new products.
CMPC Brazil aims to harness SOSA's open innovation capabilities to implement cutting-edge tech solutions that will optimize shipments and operational efficiency and ultimately contribute to reducing its carbon footprint even more.
Throughout the scouting and validation process, SOSA will consider the best-fit startup candidates to match CMPC's tech requirements, infrastructure, and local regulations.
The innovation project will consist of:
- Identifying and defining pressing company challenges alongside new opportunities.
- Gaining access to global advanced technology companies and systems.
- Building quality POC's with strategic collaborations for implementation.
The selected startups will be given the opportunity to conduct a proof-of-concept of their solutions on an industrial scale and potentially further support CMPC's efforts to have a more efficient and sustainable supply chain.
"This partnership is in line with our constant search for the evolution and improvement of our processes to reduce interference in the environment and become more sustainable. An example is the adoption of the waterway model for transport, which avoids more than 100 thousand truck trips per year, contributing to reducing carbon dioxide emissions. We believe that the projects presented by the startups participating in this initiative will allow us to increase our operational efficiency in forestry logistics in an even more innovative way", explains the general director of CMPC in Brazil, Mauricio Harger.
"The CNI and SOSA partnership reiterates our efforts to promote open innovation as a competitive strategy, opening a faster and more effective way for companies of all sizes and sectors to enter global value chains. We are sure that the open innovation process we are doing with CMPC will influence their culture of innovation and improve their results in sustainability", says Gianna Sagazio, Innovation Director of CNI.
"Addressing the supply chain given the numerous issues companies have faced in the past two years will enable companies such as CMPC to both improve their bottom line and operate more sustainably," says Uzi Scheffer, CEO of SOSA. "Our collaboration with CMPC through our partnership with CNI hopes to catalyze innovation and offer companies solutions that are both impactful and sustainable."
About CMPC Brazil
CMPC Brasil has its industrial unit located in Guaíba, in Rio Grande do Sul; it is part of the Chilean CMPC group and produces around 2 million tons of cellulose per year – a biodegradable raw material used in the manufacture of personal hygiene products, tissue, packaging, and several other items present in people's daily lives. The largest industry in the state, according to the VPG (Pondered Value of Greatness) index, the company is responsible for creating 45,000 direct, indirect, and induced jobs in the state's economy, with 6,600 professionals working in its industrial, forestry, and port operations. Present in Brazil since 2009, the company is a representative of the bioeconomy, the production of renewable biological resources. Its operations are based on the circular economy concept, transforming 100% solid waste from the industrial process into 13 new products, from raw material for the production of cement and wood panels to soil pH correctors and organic fertilizers. The CMPC group completed 100 years of operations in 2020 and currently has more than 18 thousand employees in 48 industrial units in eight Latin American countries. More information is on the site.
ABOUT CNI
The Brazilian National Confederation of Industry (CNI) represents Brazilian industry. As the highest body in the employers' union system of industry, it has defended the interests of the domestic industry since its founding in 1938. Since then, working in coordination with the executive, legislative, and judiciary branches of government and various entities and organizations in Brazil and abroad. CNI represents 27 federations of industries and 1,250 employer unions affiliated with almost 700,000 enterprises. It directly manages the Social Service of Industry (SESI), the National Services for Industrial Learning (SENAI), and the Euvaldo Lodi Institute (IEL). Together with CNI, these institutions form the Industry System, which also brings together state industry federations and employer unions. For more information, visit http://www.portaldaindustria.com.br/cni/en/
ABOUT SOSA
SOSA is a global open innovation company. We work with innovation teams and business units in corporations (like LG, HP, Schneider Electric, Natura, Klabin, Swiss Re) and governments (like Australia, Brazil, Canada, and Taiwan). We scout and validate startups and technologies to bring our clients the solutions they need to solve acute problems, identify opportunities, or build new products. Think noise-canceling headphones for the endless supply of startups.
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SOURCE SOSA | https://www.kxii.com/prnewswire/2022/08/01/cmpc-one-latin-americas-largest-pulp-paper-companies-partners-with-cni-sosa-optimize-its-supply-chain-efficiency/ | 2022-08-01T14:29:42Z |
MagnifyMoney Survey Finds Many Young Investors Who Withdrew From the Market Regret Their Hasty Decision
CHARLOTTE, N.C., May 16, 2022 /PRNewswire/ -- The traditional advice is to hold on to investments during turbulent times but a new MagnifyMoney survey finds that some investors are going against the experts. Due to the current events of the past year, nearly 40% of investors say they have pulled money from the stock market, with many regretting their knee-jerk reaction.
Key Findings
- 70% of Americans say world news and current events factor into their financial decisions.
- 63% of consumers cited inflation as one of the top current events that impacted their financial decisions and 51% cited the coronavirus pandemic.
- Across Americans who said current events impact their financial decisions, 46% focused on building up emergency savings.
The survey found that younger investors are more likely to pull money from the stock market, with 67% of Gen Z investors and 57% of millennial investors doing so. However, if these investors are in it for the long haul, they possess one of the most valuable assets, time.
"Time is the ultimate weapon when it comes to investing," says Matt Schulz, Chief Credit Analyst at LendingTree. "It gives younger investors a huge advantage over their older counterparts. Unfortunately, however, Gen Z and millennials risk squandering that advantage if they pull their money out of the market when times get tough. Their best move is to stay focused on the future, leave their money in the market, ride the wave and trust that better times are ahead because history has shown that when it comes to the stock market, they almost always are."
Not waiting it out could be why a large number of young investors are more likely to have regrets. Approximately 45% of Millennial investors who withdrew from the market wish they hadn't, along with 39% of Gen Z investors.
While a portion of Americans pulled out of the stock market due to current events, many shifted their focus to saving for emergencies. Looking back on the turbulent past year, the survey shows that more Americans are seeing the value in building up their emergency funds. In fact, among those who said current events affect their money decisions, focusing on emergency savings was the top priority for nearly half (46%) of them.
4 tips for investing in the stock market during turbulent times:
- Avoid checking your investments: If you are in it for the long haul, don't check your investments on a daily basis. Watching them too closely could tempt you to sell.
- Step away from the news: It is easy to get stressed out by bad news by consuming it throughout the day. However you consume news, don't forget to take a break and unplug.
- Focus on the future: Stocks go up and down all the time, but in the long run, they tend to trend upwards. Most portfolios have plenty of time to recover from downturns.
- Invest more: Consider buying a few more shares of your favorite index fund or company while their prices are low so that you can reap the rewards when they trend up again.
Full Report: https://www.magnifymoney.com/news/stock-market-current-events-survey/.
Methodology
MagnifyMoney commissioned Qualtrics to conduct an online survey of 1,050 U.S. consumers, April 15-20, 2022. The survey was administered using a non-probability-based sample, and quotas were used to ensure the sample base represented the overall population. All responses were reviewed by researchers for quality control.
About MagnifyMoney
MagnifyMoney.com, a subsidiary of LendingTree, makes it easy for consumers to shop for the best financial products and get answers to their most important financial questions. MagnifyMoney's unbiased advice and comprehensive product database helps millions of people compare credit cards, loans, checking accounts and savings accounts. MagnifyMoney's newsroom of personal finance experts is dedicated to helping people save money and lead financially healthier lives through strategies and tips for avoiding fees, getting out of debt, paying off student loans, avoiding consumer scams and other financial topics. MagnifyMoney was launched in 2014, was acquired by LendingTree in 2017, and is based in New York, NY. For more information, please visit www.magnifymoney.com.
Media Contact:
Nancy Jones
nancy@lendingtreenews.com
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SOURCE MagnifyMoney.com | https://www.wibw.com/prnewswire/2022/05/16/38-investors-pulled-money-stock-market-due-current-events-past-year/ | 2022-05-16T17:44:53Z |
New value menu allows Guests to customize meals for every occasion
DALLAS, June 2, 2022 /PRNewswire/ -- In 1975, Chili's® Grill & Bar® opened its doors with a menu featuring a trio of tantalizing taste options for value-minded Guests. All these years later, we're still committed to offering a triple threat of delights at an affordable price, and now we're adding the option to customize in numerous ways. Allow us to introduce 3 for Me!
Guests can order customized meals inclusive of a non-alcoholic drink, appetizer and entrée starting at just $10.99. Featuring some of our most crave-worthy creations like chips & salsa, the Oldtimer® Cheeseburger, Chicken Crispers® and more, this menu is one heck of a bargain. But hey, maybe they're feeling a little #extra – Guests can upgrade their 3 for Me choices by spiking, dipping or sweetening their meal with options like our Classic Margarita, a Dip Trio appetizer or cheesecake, each for just $2.49 extra.
"3 for Me gives our Guests unbeatable value with more customization than ever before," said Chili's Senior Vice President of Marketing, Michael Breed. "Especially in today's inflationary environment, it's important that Guests know they can count on us to provide a full Chili's experience at a compelling price point. The breadth of Chili's classic entrees, the inclusion of a beverage and a starter, and the chance to customize the experience for the occasion makes 3 for Me an extraordinary deal."
As the latest and greatest value platform to the Chili's menu, 3 for Me replaces both the 3 for $10.99 and 2 for $25 offerings, while also bringing exciting new options to Guests like Carne Asada and Baked Seafood Pasta and highlighting specific items and ingredients so Team Members can deliver an even better and more efficient Guest experience.
Our weekday lunch crowd will continue to get more bang for their buck as LunchBreak Combos remain. Monday through Friday from 11 a.m. to 4 p.m. local time, Guests can select an appetizer and entrée for just $9. The menu includes fan favorites like our Bacon Ranch Chicken Quesadilla, Chili's OG Chili and Chipotle Chicken Fresh Mex Bowl, as well as the option to take a walk on the wild side with dessert before dinner. Sharing may be caring but we totally support you balling out on a Molten Chocolate Cake all for yourself. (Don't worry. We won't tell.)
The TLDR, you ask? Whether you're feeling more fancy or want to keep things classic, no matter the time of day, there'll be no breaking the bank on our watch when ordering in-restaurant or from home with To-Go and delivery options available when you visit chilis.com.
About Chili's® Grill & Bar
Hi, welcome to Chili's! We're a leader in the casual dining industry and the flagship brand of Dallas-based Brinker International, Inc. (NYSE: EAT). We're known for our big mouth burgers, Texas-sized ribs, full-on sizzling fajitas and hand-shaken margaritas. We take our food seriously — but not ourselves — because dining out should feel like a celebration even if there is nothing to celebrate. Our passion is making every Guest feel special, and every day, our ChiliHeads make it their job to spread #ChilisLove across our more than 1,600 restaurants in 29 countries and two territories. And Chili's cares. We host local Give Back Events to support kids, education and hunger and have raised more than $88 million benefiting St. Jude Children's Research Hospital® through generous guest donations. Find more information about us at chilis.com, follow us on Twitter or Instagram, like us on Facebook @Chilis or join us on TikTok @chilisofficial.
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SOURCE Chili's Grill & Bar | https://www.wibw.com/prnewswire/2022/06/02/chilis-3-me-offers-triple-threat-value-guests/ | 2022-06-02T16:21:55Z |
ArcBest LTL carrier offering hiring bonuses for full-time road and city drivers
FORT SMITH, Ark., Aug. 17, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a two-day hiring event in the Indianapolis area on August 23 and 24, seeking candidates for full-time road and city drivers. The company is offering $10,000 signing bonuses for each of these positions, available on the first day of employment.
"There's never been a better time to join the ABF team," said Seth Runser, ABF Freight president. "Our people are at the heart of our success, and our values-driven culture has created an environment where people can grow and thrive — it's more than just a job, it's a career. If you live in the Indianapolis area and you're looking to join a company with excellent benefits, frequent home time and ongoing training opportunities, we hope to see you at the event."
On August 23 and August 24, ABF will host interested candidates from 7 a.m. to 7 p.m. at its service center, located at 3522 Perry Blvd., Whitestown, IN, 46075. No appointment is necessary. Driver candidates should be at least 21 years old.
At the event, candidates can expect:
- Assistance with job applications
- Interviews with ABF recruiters
- Potential job offers made that day
ABF Freight is one of the nation's largest and most trusted less-than-truckload carriers, operating in both short- and long-haul markets across North America. ABF employs more than 10,000 people across over 240 locations, and over 53 percent of ABF drivers have been employed with the company for more than 10 years.
Full-time ABF drivers and dock workers receive Teamster Union Scale wages, 100 percent company-paid health insurance for employees and their families, personal days, sick leave and paid holidays, and they are covered by a pension plan at no expense to the employee.
For additional information on current job openings across the country or to apply for a job, please visit jobs.abf.com.
ABOUT ARCBEST
ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with over 15,000 employees across more than 250 campuses and service centers, the company is a logistics powerhouse, fueled by the simple notion of finding a way to get the job done. Through innovative thinking, agility and trust, ArcBest leverages its full suite of shipping and logistics solutions to meet customers' critical needs, each and every day. For more information, visit arcb.com.
Media Contact: Autumnn Mahar
Email: amahar@arcb.com
Phone: 479-494-8221
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SOURCE ArcBest | https://www.kxii.com/prnewswire/2022/08/17/abf-freight-host-indianapolis-area-hiring-event/ | 2022-08-17T15:59:21Z |
Fintech Entrepreneur Toan Huynh joins Kestra's Stephen Langlois, Former Northwestern Mutual CIO Karl Gouverneur and SixThirty Ventures' Atul Kamra on Advisory Board to Focus on Business Operations and Product Development
Innovator and Technologist Ramaswamy Nagappan, Chief Information Officer for BNY Mellon, Joins the Latest Funding Round of Next Generation AI-Platform for Financial Advisors
PALO ALTO, Calif., June 7, 2022 /PRNewswire/ -- CogniCor, the Morgan Stanley-backed provider of artificial intelligence-powered business automation and learning platforms for highly regulated industries, today announced it named fintech entrepreneur Toan Huynh to its Advisory Board and technology innovator Ramaswamy Nagappan, Chief Information Officer for BNY Mellon Pershing LLC, personally joined the company's SAFE Investment round.
CogniCor's AI-enabled front and back-office automation platform currently enables Fortune 500 financial firms to augment financial advisors' productivity and redirect valuable employee resources to focus on growth strategies, relieving pressure from traditional staffing models. The company also recently received an investment from Morgan Stanley and was selected for acceleration by its multicultural innovation lab.
"We're facing an unprecedented shift in financial advisor's operations and back-office support structures during the largest wealth transfer in history," said Sindhu Joseph, Ph.D., CogniCor's co-founder and CEO. "I am convinced that the support of our esteemed advisor board members along with Ram's guidance will enable CogniCor to continue its strategic expansion and targeted product development to help wealth management and insurance industries thrive."
Ms. Huynh has served as an investor and advisor for early-stage startups, focusing on B2B SaaS, fintechs and insurtechs, with experience in private equity and venture capital funds. She serves as a non-executive director for private and public boards. Ms. Huynh is a founding mentor for Declare, which looks to close the gender and diversity gap in finance, venture and technology. Prior to her venture and investing career, Ms. Huynh was a cloud technologist and founder and CEO of GlobalOne/Cloud Sherpas (Acquired by Accenture).
Ms. Huynh said: "I am excited to work with Sindhu and CogniCor's executive and advisory leadership at this pivotal moment in this industry's history. The last few years exposed significant shortcomings to the traditional staffing model and CogniCor stands apart in this space for its ability to address these pressing issues through best-in-class technology."
CogniCor's Advisory Board also includes:
- Stephen Langlois, President of Kestra Financial, a Texas-based independent wealth management platform. He has previously served as Chief Revenue Officer and Head of Business Development for Fidelity-backed financial planning software company eMoney.
- Karl Gouverneur,Former Chief Innovation Officer and head of Digital Innovation of Northwestern Mutual has significant experience supporting technology start-ups across a range of industries as an executive, coach, advisor and board member.
- Atul Kamra, Managing Partner of SixThirty. Previously, he served as Head of Advice with Wells Fargo Advisors and President of First Clearing.
- Professor Ramon Lopez de Mantaras, Former director of Institute of Artificial Intelligence (IIIA-CSIC), Spain. Professor Lopez de Mantaras is an international leader of AI research.
Technology and wealth management veteran Ramaswamy Nagappan personally invested in CogniCor as part of a simple agreement for future equity (SAFE). Currently the Chief Information Officer for BNY Mellon Pershing LLC, Mr. Nagappan has served in numerous positions over the past 40 years including as managing director and CTO for iNautix Technologies, a managing director for DLJ Direct and as a serial entrepreneur and investor in the New York City area.
"I'm impressed with CogniCor's unique value proposition of tapping into AI to create efficiencies in advisory and custodian relationships. The firm's ability to leverage reusable knowledge graphs and develop specific use cases for this technology can address broken experiences across the financial services industry," said Mr. Nagappan, who oversees BNY Mellon Pershing's NetX360, the largest custodian platform.
Dr. Joseph concluded, "Bringing aboard, widely recognized and successful experts to our advisory board and larger investor team enables CogniCor to refine and execute on our vision for leveraging our cutting-edge AI-solutions to transform financial services."
CogniCor is a venture-funded, female-founded fintech firm based in Palo Alto, California that is focused on using artificial intelligence solutions to accelerate productivity and growth for wealth management firms, insurance businesses and other financial services companies across the country. Central to the firm's offerings is CIRA, CogniCor's scalable enterprise platform for deploying and managing AI-powered business automation to help wealth management and financial services firms drive client engagement and business efficiency. For more information, please visit https://www.cognicor.com/.
Media Contacts
Donald Cutler or Lorene Yue
Haven Tower Group
424 317 4864 or 424 317 4854
dcutler@haventower.com or lyue@haventower.com
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SOURCE CogniCor | https://www.kxii.com/prnewswire/2022/06/07/ai-business-automation-leader-cognicor-expands-advisory-board-attracts-new-investors/ | 2022-06-07T11:41:54Z |
Walmart seeks to dismiss lawsuit by FTC over money transfers
NEW YORK (AP) — Walmart filed a motion on Monday to dismiss a lawsuit by the Federal Trade Commission in June that accused the nation’s largest retailer of allowing its money transfer services to be used by scam artists, calling it an “egregious instance of agency overreach.”
In its lawsuit, the FTC alleged that for years, Walmart failed to properly secure the money transfer services offered at its stores, stealing “hundreds of millions of dollars” from customers. The agency said Walmart didn’t properly train its employees, failed to alert customers, and used procedures that allowed fraudsters to cash out at its stores. The FTC had asked the court to order Walmart to return money to consumers and to impose civil penalties on the company.
In a 41-page document, filed in U.S. District Court for the Northern District of Illinois Eastern Division, Walmart laid out a number of what it called legally flawed claims, including that the agency lacked “constitutionally valid authority to sue for money or injunctive relief.” It said that the FTC is trying to hold Walmart liable for the criminal actions of completely unrelated third-party fraudsters even as Walmart has embraced a number of steps to stop such scamming.
Walmart argued that the agency is trying to contort a regulation called the Telemarketing Sales Rule that was aimed to go after telemarketers and those who actively help them but that Walmart is neither. Walmart also took issue with the FTC’s claim that Walmart allegedly engaged in an “unfair” act or practice, or any ongoing or imminent misconduct under Section 5 of the FTC Act.
“To be clear, Walmart is now—and always has been—dedicated to its customers and shares the FTC’s goal of protecting customers from fraudsters,” the Walmart filing said. “But this lawsuit is an egregious instance of agency overreach.”
Walmart stores let shoppers to transfer money using three providers — MoneyGram, Ria Financial Services, and Western Union Co.
Walmart, based in Bentonville, Arkansas, said it has developed and implemented a host of anti-fraud measures—including customer warnings and employee trainings. Based on data available to Walmart, out of nearly 200 million money-transfer transactions processed at its U.S. namesake stores between 2015 and 2020, less than 0.08% were reportedly the product of fraud, according to the Walmart filing. And it said that some of that reported fraud may not be fraud at all, making the actual fraud rate even smaller.
In its argument by Walmart that the FTC overreached in its authority, Walmart cited a April 2021 Supreme Court case that makes it difficult for the agency to engage in a long-time practice of seeking to recover ill-gotten gains from individuals or companies that steal from consumers. As a result of the ruling, the agency will now have to rely on other lengthier and more complicated legal maneuvers to recoup dollars from defrauded individuals.
FTC officials couldn’t be immediately reached for comment.
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Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/29/walmart-seeks-dismiss-lawsuit-by-ftc-over-money-transfers/ | 2022-08-29T18:24:37Z |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Tupperware Brands Corporation.
Shareholders who purchased shares of TUP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/tupperware-brands-corporation-loss-submission-form-2/?id=30476&from=4
CLASS PERIOD: November 3, 2021 to May 3, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 15, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/tupperware-brands-corporation-loss-submission-form-2/?id=30476&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TUP during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 15, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/08/03/shareholder-alert-gross-law-firm-notifies-shareholders-tupperware-brands-corporation-class-action-lawsuit-lead-plaintiff-deadline-august-15-2022-nyse-tup/ | 2022-08-03T11:22:12Z |
Users can now outfit their Bitmoji avatars in Carhartt apparel to showcase unique personal styles
DEARBORN, Mich., Aug. 16, 2022 /PRNewswire/ -- Carhartt, in partnership with Snap Inc., today launched a digital collection of workwear that enables users to deck out their Bitmoji avatars in their favorite Carhartt gear. With jackets, double-front pants and T-shirts, users can now rep their favorite Carhartt gear 24/7, 365 days a year.
"From the job site to the great outdoors, Carhartt is worn with pride by those who feel inspired by the brand values and styles," said Janet Ries, vice president of marketing at Carhartt. "We are inspired daily by these people and are excited that the Bitmoji community requested Carhartt become part of their digital wardrobe experience."
Inspired by Carhartt's most popular men and women styles, the new digital offering enables Snapchat and Bitmoji users everywhere to authentically represent themselves in the digital world through a variety of products and colors. The digital attire includes the brand's iconic Detroit Jacket, K87 Short Sleeve Pocket T-shirt, Force Sweatshirt, BO1 Double Front Pants and Duck Bib Overalls.
"Apparel is a form of self-expression and we love to see Bitmoji facilitate that experience in a fun and creative way for so many Carhartt lovers," said Rajni Jacques, Global Head of Fashion and Beauty at Snap Inc. "We value our community feedback, and we are inspired by their passion and desire to feel represented and fashionable both in real-life and in the digital world."
The products that inspired the Carhartt x Bitmoji collection are available to purchase on Carhartt.com, and in select retail stores, so consumers can match their Bitmoji digital look in the real world.
"As we continue into the digital age and explore disruptive ways to deliver our brand experience, this is another example of how we are connecting and engaging with a new generation in an authentic and empowering way," Ries added.
Fans will see their styled Bitmoji avatar in a variety of experiences on-and-off Snapchat, including in Chat and games, on the Snap Map, in Lenses, and personalized content like Bitmoji Stories, and more.
About Carhartt, Inc.
Established in 1889, Carhartt is a global premium workwear brand with a rich heritage of developing rugged products for workers on and off the job. Headquartered in Dearborn, Michigan, with approximately 5,400 employees worldwide, Carhartt is family-owned and managed by the descendants of the company's founder, Hamilton Carhartt. For more information, visit www.carhartt.com.
About Snap, Inc.
Snap Inc. is a camera company. We believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com.
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SOURCE Carhartt | https://www.kxii.com/prnewswire/2022/08/16/carhartt-makes-iconic-workwear-available-bitmoji/ | 2022-08-16T17:08:28Z |
Severe storms blamed for 2 deaths in South Dakota, Minnesota
SIOUX FALLS, S.D. (AP) — Strong winds and possible tornadoes caused widespread damage in parts of the Midwest, where officials said another round of severe weather during a stormy week left two more people dead.
In Minnesota, a grain bin fell onto a car Thursday and killed a passenger near Blomkest, the Kandiyohi County Sheriff’s Office said. And a person died Thursday in Sioux Falls, South Dakota, as a result of severe weather, Mayor Paul TenHaken said, but details weren’t released.
Earlier in the week, storms brought damaging winds, heavy rain and a few reports of tornadoes to Minnesota, where a storm-chasing meteorologist from Mexico City died Wednesday in a car crash — underscoring the dangers of pursuing severe weather. More storms were forecast for Friday from the Upper Great Lakes to the southern Great Plains that could bring damaging winds and hail.
Winds gusted Thursday above 100 mph (161 kph) in parts of South Dakota, the National Weather Service said. Due to storm damage, Sioux Falls police advised that people only travel for emergency purposes.
On Thursday, a nursing home in Salem, South Dakota, sustained extensive damage when part of the roof was torn off. Residents at the Avantara nursing home were evacuated, emergency management officials said.
The storm knocked out power to thousands of customers, including the South Dakota State University campus in Brookings. Only essential employees will be allowed on campus Friday.
On Thursday night, South Dakota Gov. Kristi Noem stopped in the Hamlin County community of Castlewood, where a possible tornado ripped off the roof of a school and brought down walls.
Castlewood High School sophomore Erowyn Funge lives across the street from the school. She said that worst part of the storm lasted about 30 minutes, the Argus Leader reported.
“Our table went flying off our porch. It looked completely black outside,” said Funge.
Uprooted trees, branches and debris were scattered around Castlewood. Power lines were down, including across highways leading to town.
In Minnesota’s Stevens County, winds approaching 70 mph (113 kph) toppled grain silos and pushed down storage sheds near Alberta. The Minnesota State Patrol closed eastbound Interstate 94 for several hours Thursday night after overturned trucks blocked the freeway.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/13/severe-storms-blamed-2-deaths-south-dakota-minnesota/ | 2022-05-13T16:32:56Z |
SHANGHAI, July 28, 2022 /PRNewswire/ -- A major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been held successfully for four consecutive years and is widely regarded as an international public good and the multinational trading system, as well as a pivotal carrier for building an open world economy and a community with a shared future for mankind.
Since its inception in 2018, the CIIE has been growing in scale and influence. The area of its business exhibition increased from 270,000 square meters in 2018 to 366,000 square meters in 2021. Exhibitors at the past four CIIEs launched more than 1,500 new products, technologies and services and clinched tentative deals worth over $270 billion.
As the CIIE enters its fifth year, more and more countries along the Belt and Road have begun to cast their sights on the Chinese market and export their products to China.
At the first CIIE, Ma Yuxia, a Chinese businesswoman based in South America, introduced alpaca plush toys to the Chinese market.
Ma and her Peruvian partners rented a small 9-square-meter booth to display and promote these toys and other traditional hand-made crafts in Peru. They also established their own brand called Warmpaca.
That outing to the expo proved to be incredibly fruitful. After participating in the CIIE for four consecutive years, Warmpaca can now be found in more than 20 malls in China.
To date, more than 80 percent of the planned business exhibition area for the fifth CIIE has been reserved. More than 260 Fortune Global 500 companies and industry leaders will attend the expo this year.
Many countries have confirmed their participation in the country exhibition, while a new World Openness Report and World Openness Index will be released at the Hongqiao International Economic Forum, a major part of the expo.
With so many showing their interest, space will be filling up fast. Be sure to sign up for the fifth edition before time runs out! Click here to register: https://www.ciie.org/exhibition/f/book/register?locale=en.
Contact: Nie Qingxin
Tel.: 0086-21-67008870/67008988
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SOURCE CIIE | https://www.mysuncoast.com/prnewswire/2022/07/28/fifth-ciie-benefits-countries-along-belt-road/ | 2022-07-28T12:40:41Z |
Leaders CU honors Jefferson Award winners, awards scholarships
Humboldt resident Jerry Privitt simply wanted to help others who needed it in emergent situations when he helped start the Humboldt Rescue Squad.
Now decades later, Privitt still serves as chief of that rescue squad and has numerous people willing to tell him how important he is to them because he's helped save their lives either directly when they had an emergency or because of the efforts of those in the squad he helped start.
Privitt was the main honoree on Thursday when Leaders Credit Union and WBBJ-TV hosted the Annual Multiplying Good press conference for the 2021-2022 West Tennessee recipients.
Privitt was selected as the West Tennessee national nominee for the 2022 Jacqueline Kennedy Onassis Award for Outstanding Service Benefiting Local Communities.
The Jefferson Awards honors community champions who are “ordinary people doing extraordinary things without expectation of recognition.” The awards are given at both national and local levels. Since May 2018, a new honoree has been selected each month locally. Recipients are nominated by their peers and selected by the Jefferson Awards/Multiplying Good committee members of West Tennessee. The 2021-2022 West Tennessee winners include Almae Chappell, Hank Shackelford, Patrick Parham, Virginia Conger, Sharon Tubbs, Linda Seaman, Dusty King, Ellen Deming, Ijeoma Oleru and Kim Morris.
Award recipients are volunteers and champions for numerous charities and causes across West Tennessee, including youth mentorships, community events, elderly service, homeless service, animal rescue, emergency response, and beyond. A video package for each recipient can be viewed by visiting the WBBJ-TV website. https://www.wbbjtv.com/multiplyinggood/.
“At Leaders, we are honored to champion our own community heroes and are been blessed to hear each genuine story and witness their passion of how they advocate for positive change,” said Todd Swims, President and CEO of Leaders Credit Union. “Along with WBBJ, we are honored we’ve had the opportunity to shed light on community members who help us move forward and make lives better.”
Leaders Education Foundation awards scholarships
Leaders Education Foundation, a non-profit 501(c)(3), hosted its third annual meeting on Tuesday and awarded $25,000 in scholarships to local graduating high school seniors.
Due to the number of deserving applicants, the Board approved raising its initial $20,000 by $5,000 to award four additional scholarships to support students’ achievements. The scholarships are of varying amounts for high school seniors attending a college or university. Leaders Education Foundation received 48 applications from across West Tenn., and the Financial Wellness Video Scholarship received 10 submissions, with their videos viewed over 25,000 times and reaching over 60,000 people.
Scholarship winners included:
- $2,500 Financial Wellness Video Scholarship – Hunter Lawson - Milan High School
- $2,000 Financial Wellness Video Scholarship – Second Place - Jozie Arnold- Jackson Christian School
- $2,500 Leaders Credit Union Martha Britt Scholarship – Morgan Brasfield- Jackson Christian School
- $1,000 Scholarship in honor of Town & Country Realtors – Macy Chandler- Gibson County High School
- $1,000 Scholarship in honor of Ellis Insurance – Olivia Taylor- Sacred Heart of Jesus High School
- $1,500 Jackson-Madison County Schools Founder’s Scholarship - Joshua Giannini- South Side High School
- $1,000 Jackson- Madison County Schools Founder’s Scholarship- 2nd Place- Zacharie Garcia- JCM Early College High School
- $1,500 Community Scholarship - Gibson County – Alexander Pruett- South Gibson County High School
- $1,000 Community Scholarship - Gibson County –2nd Place- Mackenzie Johnson- Milan High School
- $1,500 Community Scholarship - Obion County – Margaret Suiter - Union City High School
- $1,500 Community Scholarship - Shelby County – Brooke Lampley - Bartlett High School
- $1,500 Community Scholarship - Dyer County – Katie Willis- Dyer County High School
- $1,500 Community Scholarship - West Tennessee – Gabrielle Jerge- University School of Jackson
- $1,000 Community Scholarship - West Tennessee –2nd Place- Anna Goldsby- Crockett County High School
- $1,000 Scholarship – Noah Brandt- HomeLife Academy
- $1,000 Scholarship – Emily Warren- Bradford High School
- $1,000 Scholarship – Erin Brookshire- Crockett County High School
- $1,000 Scholarship – Lydia Runions- Union City High School
“We want to make a positive difference in the lives of young students,” said Eddie Hays, Leaders Education Foundation Board Chair. “We hope by recognizing their achievements and providing funds in their next phase of life will help them reach their scholastic goals.”
Leaders Education Foundation also collectively donated $7,000 to participating Imagination Library Chapters in Madison, Chester, and Haywood counties through an Imagine the Possibilities campaign. This initiative involved the participating Imagination Libraries promoting awareness to the Foundation through a one-time $10 donation or membership fee in honor of a participating Imagination Library. For each new donation or membership in their honor, the Foundation pledged to donate $60 to the participating Imagination Library. Through this campaign, the donation provides one book per month to children in West Tennessee from birth to age 5.
“As the Foundation continues to grow, we will seek new opportunities to support educational initiatives that allow us to fulfill our Mission,” Leaders Education Foundation President Leigh Anne Bentley said. “Our partnership with Imagination Library fits well with our mission to Make Lives Better, Together.” | https://www.jacksonsun.com/story/news/2022/04/25/leaders-cu-honors-jefferson-award-winners-awards-scholarships/7405616001/ | 2022-04-25T17:55:23Z |
Red wave crashing? GOP momentum slips as fall sprint begins
NEW YORK (AP) — The possibility of a great red wave still looms.
But as the 2022 midterm elections enter their final two-month sprint, leading Republicans concede that their party’s advantage may be slipping even as Democrats confront their president’s weak standing, deep voter pessimism and the weight of history this fall.
The political landscape, while still in flux, follows a string of President Joe Biden’s legislative victories on climate, health care and gun violence, just as Donald Trump’s hand-picked candidates in electoral battlegrounds like Arizona, Georgia, Ohio and Pennsylvania struggle to broaden their appeal. But nothing has undermined the GOP’s momentum more than the Supreme Court’s stunning decision in June to end abortion protections, which triggered a swift backlash even in the reddest of red states.
“This midterm looks and feels significantly different than it did six months ago,” said veteran Republican pollster Neil Newhouse. The abortion ruling “has energized some segments, especially the Democratic constituency, and it has thrown a wrench, at least to some extent, into the hopes of winning a ton of seats.”
History suggests Republicans should dominate the November elections.
In the modern era, the party that holds the White House has lost congressional seats in virtually every first-term president’s first midterm election. Ronald Reagan lost 26 House seats, Bill Clinton lost 52, Barack Obama 63 and Trump 40. Only George W. Bush’s Republican Party enjoyed a modest eight-seat gain in his first midterm, coming after the Sept. 11 terrorist attacks.
Nine weeks before Election Day, leading operatives in both parties expect Republicans to pick up roughly 10 to 20 House seats, which would give the GOP a narrow majority in the chamber in November and break up Democrats’ control of the federal government. But many Republicans are losing confidence in the high-stakes fight for the Senate majority and key governorships across the nation.
In Pennsylvania, Democratic gubernatorial candidate Josh Shapiro argues that his focus on public safety, education, the economy and freedom is driving his momentum but concedes that his opponent is also a major factor.
“Folks trust me to get it done,” Shapiro, the state attorney general, told The Associated Press. “And in fairness, in part, it’s because I’m running against the guy who’s by far the most extreme and dangerous candidate in the nation.”
In one of the nation’s most important swing states, Republicans nominated Doug Mastriano as their nominee for governor, even after learning about his leading role in Trump’s push to overturn the 2020 election.
The state senator and retired military officer helped organize the state’s effort to submit fake presidential electors beholden to Trump and was seen outside the Capitol as pro-Trump demonstrators attacked police on Jan. 6, 2021. He has also alienated moderate voters and even some Republicans with divisive positions on several issues, including abortion, which he opposes in all circumstances.
Mastriano’s campaign didn’t respond to an interview request for this story.
Shapiro will launch his first TV ad of the fall campaign on Tuesday, casting Mastriano’s fierce opposition to abortion rights and gay marriage as a threat to Pennsylvania’s economy. The ad is the first spot in a $16.9 million television advertising investment the campaign reserved for the nine weeks leading up to Election Day.
Republican National Committee Chair Ronna McDaniel acknowledged that the GOP must sharpen its message on abortion given the Democrats’ apparent momentum.
“We can’t allow them to control the narrative,” McDaniel said in an interview.
She emphasized Republican leaders’ record of supporting exceptions for abortion in cases of rape, incest and the life of the mother, sidestepping questions about candidates like Mastriano, Georgia Senate nominee Herschel Walker and Florida Sen. Marco Rubio, who oppose such exceptions.
“I’m not going to speak about every candidate and where they’re at,” McDaniel said. “But the past four Republican presidents since Roe believe in the exception, and that is where I think a lot of the American people are, according to polling. But they also believe in limitations, and Democrats have shown no inclination to have any limitation.”
On the Republican Party’s broader midterm outlook, McDaniel said top races were always likely to tighten, despite the conventional wisdom that a massive red wave was building.
“Many of these states are battleground states,” she said. “It’s going to be tight.”
On paper, Republicans continue to enjoy tremendous advantages.
Beyond the weight of history, Democrats are saddled with Biden’s low favorability ratings as roughly 7 in 10 voters believe the country is headed in the wrong direction. Democratic strategists acknowledge serious political headwinds as inflation and pessimism surge, but they note gas prices have ticked down, pandemic worries have waned and Biden has won major legislative victories on several key issues.
“Republicans haven’t taken advantage of the bad political environment. And they punted on having any agenda or getting anything done,” said Biden pollster John Anzalone, who was far less confident about the midterm outlook at the beginning of the summer.
“Historically, this should be a 30- or 40-seat win by Republicans,” he added. “The entire Republican Party has been one big mistake for the past four or five months.”
Senate Republican leader Mitch McConnell has blamed GOP “candidate quality” for why his party was more likely to win the House than the Senate.
Florida Sen. Rick Scott, who leads the Senate GOP campaign arm, sees it differently.
“He and I clearly have a disagreement on this. I think we’ve got great candidates,” Scott told the AP, citing opportunities to challenge Democrats in blue states like Colorado and Washington state. “I think we’re doing fine.”
Scott did acknowledge some uncertainty involving Trump’s role in the coming weeks.
The former president helped his loyalists, most of whom embraced his conspiracy theories about the 2020 election, win primary elections across the country throughout the spring and summer. But it’s unclear how Trump will help them, if at all, as the election moves into the fall.
“He’s got a choice about what he wants to do. He clearly has some candidates that he wanted to get through the primaries and they did,” Scott said. “He’ll make his own decision on what he wants to do.”
At the same time, a disproportionate number of women are registering to vote. And if recent voting patterns hold, that’s good news for Democrats.
In at least seven states, women made up a higher share of newly registered voters following the overturning of Roe v. Wade, according to an AP analysis of voter data from L2, a nonpartisan data provider.
In the five weeks after the court eliminated the constitutional right to abortion, women made up 64% of new Kansas registrations. Then, on Aug. 2, Kansas voters overwhelmingly rejected a ballot measure that would have let state lawmakers impose new restrictions on abortions.
Trump-backed Republicans who oppose abortion rights are fighting for momentum in several swing states.
A leading Republican Senate super PAC recently canceled television ad reservations in Arizona, where Blake Masters is running, while committing $28 million to help Trump loyalist JD Vance in Ohio, a state Trump carried by 8 points in the last election. In Pennsylvania, there are concerns that Mastriano is dragging down the rest of the Republican ticket, while Trump-endorsed GOP Senate nominee Mehmet Oz is struggling with residency questions. And in Georgia, Walker is facing difficult questions about his past and his opposition to abortion in all cases.
Rep. Tom Emmer, the Minnesota Republican who leads the House GOP campaign arm, warned his party against taking anything for granted.
He noted that most of the seats Republicans are targeting this fall are set in districts Biden carried, a contrast from past elections where Republicans found success in GOP-leaning districts.
“Don’t be measuring the drapes,” Emmer told the AP in a message to Republican colleagues. “This isn’t the typical midterm that we’re talking about.”
___
Associated Press writers Aaron Kessler, Hannah Fingerhut and Zeke Miller in Washington and Bill Barrow in Atlanta contributed to this report.
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter, https://twitter.com/ap_politics
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/05/red-wave-crashing-gop-momentum-slips-fall-sprint-begins/ | 2022-09-05T13:29:38Z |
JOHNS CREEK, Ga., July 7, 2022 /PRNewswire/ -- World Financial Group Insurance Agency, LLC (WFGIA) is delighted that Joseph Coughlin and Warren Macdonald will be featured speakers at the company's annual convention, Elevate 2022, scheduled for July 19–22, 2022, in Las Vegas, Nevada.
Joseph Coughlin, Ph.D., leads the Massachusetts Institute of Technology (MIT) AgeLab. He teaches in MIT's Department of Urban Studies and Planning, as well as the Sloan School's Advanced Management Program. Mr. Coughlin conducts research on the impact of global demographic change and technology trends on both consumer behavior and business strategy. In addition to serving on several corporate advisory boards, he has authored several books regarding longevity and the economy. Mr. Coughlin will share what he has learned from his research regarding life, work, and retirement. His innovation in longevity planning is vital to all people and organizations as we move into the future.
"How do you build resilience in times of extraordinary change?" This is one of many questions Warren Macdonald will ask, leading his listeners through the thought process of reframing how we look at our challenges. Mr. Macdonald will speak at the WFG Leadership meeting and will show that with the perception of choice, we have the power to select our future. Warren Macdonald is an Australian environmentalist, explorer, double above-knee amputee and motivational speaker who delivers inspiring presentations. He works with business people looking to develop resilience and foster a mindset shift toward "out of the box" thinking for better outcomes.
In addition to these two powerhouse speakers, Marshall William Faulk will interview a surprise special guest, an NFL Hall of Famer, at WFG Convention 2022. Mr. Faulk is a former American football running back who played in the National Football League for 13 seasons with the Indianapolis Colts and St. Louis Rams. He was inducted to the Pro Football Hall of Fame in 2011 and the College Football Hall of Fame in 2017. These days, in his second career, Mr. Faulk scores wins off the field by working to educate others about finances and insurance and show how people can get their money to work for them. Marshall Faulk runs his own WFGIA agency in San Diego and offers a full list of insurance and financial products.
"I am excited that many of our WFG agents will be attending this year's Elevate 2022 convention," says Rick Williams, President, World Financial Group Insurance Agency of Canada Inc. "We are looking forward to everyone joining us, to learn from our presenters on how to reap the benefits of being a successful business owner."
About World Financial Group
In the United States, life insurance and fixed products are offered by independent agents of World Financial Group Insurance Agency, LLC, World Financial Group Insurance Agency of Hawaii, Inc., World Financial Group Insurance Agency of Massachusetts, Inc., (In California dba World Financial Insurance Agency, LLC), and/or WFG Insurance Agency of Puerto Rico, Inc.
Those agents who are properly licensed may offer securities and investment advisory services through the affiliate broker/dealer, Transamerica Financial Advisors, Inc. (TFA), Member FINRA, MSRB, SIPC and Registered Investment Advisor.
Residents of California who wish to be independent agents with World Financial Group Insurance Agency, LLC must already have a life license. Individuals who reside in California may become sales representatives with WFG Direct, a direct sales marketing platform offered through World Financial Group, Inc.
To learn more, go to: http://www.WorldFinancialGroup.com/
Press Inquiries: WFGpressinquiries@transamerica.com
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SOURCE WFG | https://www.wibw.com/prnewswire/2022/07/07/joseph-coughlin-warren-macdonald-will-be-featured-speakers-wfgs-convention-2022/ | 2022-07-07T12:37:09Z |
JUVÉDERM® Collection of Fillers Continues Position as the World's Number One Chosen Dermal Filler Collection
IRVINE, Calif., Sept. 7, 2022 /PRNewswire/ -- Today, Allergan Aesthetics, an AbbVie company (NYSE: ABBV), announced its manufacturing facility in France has reached the milestone of producing and shipping 100 million syringes of JUVÉDERM® products globally. 1 Since its launch in 2000, the JUVÉDERM® Collection of Fillers has grown to where its products are now available in more than 110 territories worldwide and it remains the world's number one chosen dermal filler collection. 2,3 This remarkable achievement is a milestone years in the making, and further demonstrates the JUVÉDERM® Collection of Fillers' dedication to patients and providers globally.
"This is more than just a number. 100 million JUVÉDERM® syringes is a great source of pride for everyone at Allergan Aesthetics who helped make this happen," said Carrie Strom, President, Global Allergan Aesthetics and Senior Vice President, AbbVie. "It represents the millions of patients who've benefitted from our innovation and robust product offerings. We couldn't have done this without the years of support from all our healthcare professionals who continue to believe in and trust our products. We look forward to forging ahead as a brand, setting new goals, and continuing our legacy as the international category leader."
The global success of JUVÉDERM® is in large part due to its wide range of minimally invasive treatment options specifically designed for different areas of the face. The JUVÉDERM® Collection of Fillers offers products that provide results that are long-lasting and natural-looking for popular treatment areas, including the lips, cheeks, and chin. 4-10 The JUVÉDERM® Collection of Fillers' VYCROSS® technology is the number one chosen dermal filler technology worldwide. The safety and efficacy of the JUVÉDERM® Collection of Fillers has been demonstrated in more than 330 clinical studies. 11
"I am thrilled to celebrate this momentous occasion alongside the JUVÉDERM® Collection of Fillers. I trust the brand in my practice and have successfully offered it for more than 15 years," said Dr. David Shafer, board certified plastic surgeon. "Sixteen years of clinical studies and safety data, the widest range of filler options, and their rigorous testing protocols to ensure patient safety are just some of the reasons why I offer JUVÉDERM® products to my patients. I look forward to the continued innovation from the JUVÉDERM® Collection of Fillers and the rest of the Allergan Aesthetics portfolio for many years to come."
In the U.S., the JUVÉDERM® Collection of Fillers boasts the top chosen fillers for cheeks (JUVÉDERM® VOLUMA® XC), lower face wrinkles and folds (JUVÉDERM® Ultra Plus XC and JUVÉDERM® VOLLURE® XC), lips (JUVÉDERM® Ultra XC and JUVÉDERM® VOLBELLA® XC), and perioral lines (JUVÉDERM® VOLBELLA® XC),2 all top areas of concern among patients and all areas Allergan Aesthetics offers robust training for. The company is dedicated to training aesthetic specialists on the use of all its products and their approved indications.
"I've had the honor of serving as an Allergan Medical Institute (AMI) trainer for more than six years. The training Allergan Aesthetics provides focuses on facial anatomy, considerations for safe injection, appropriate patient selection, and aseptic technique," said Shawna Chrisman, NP. "I work closely with aesthetic specialists across the country to help them use the JUVÉDERM® Collection of Fillers to achieve their patients' aesthetic goals and am truly honored to be a part of this brand's rich history and bright future."
The JUVÉDERM® Collection of Fillers currently offers five specially formulated, modified hyaluronic acid (HA) fillers to address patients' varying facial treatment needs: JUVÉDERM® VOLUMA® XC, JUVÉDERM® VOLBELLA® XC, JUVÉDERM® VOLLURE® XC, JUVÉDERM® Ultra Plus XC, JUVÉDERM® Ultra XC. The latest product approved by the FDA, JUVÉDERM® VOLUX™ XC for improvement of jawline definition, will be available nationwide in early 2023. 4-10 Patients who are interested in HA fillers should schedule a consultation with their aesthetic specialist to see if they're a candidate and discuss a treatment plan customized to their desired outcome.
For more information on the JUVÉDERM® Collection of Fillers, visit Juvederm.com and follow @JUVÉDERM on Instagram.
At Allergan Aesthetics, an AbbVie company, we develop, manufacture, and market a portfolio of leading aesthetics brands and products. Our aesthetics portfolio includes facial injectables, body contouring, plastics, skin care, and more. Our goal is to consistently provide our customers with innovation, education, exceptional service, and a commitment to excellence, all with a personal touch. For more information, visit www.AllerganAesthetics.com.
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
JUVÉDERM® Injectable Gel Fillers Important Information
APPROVED USES
JUVÉDERM® VOLUX™ XC injectable gel is for deep injection to improve moderate to severe loss of jawline definition in adults over the age of 21.
JUVÉDERM® VOLUMA® XC injectable gel is for deep injection in the cheek area to correct age-related volume loss and for augmentation of the chin region to improve the chin profile in adults over 21.
JUVÉDERM® VOLLURE® XC, JUVÉDERM® Ultra Plus XC, and JUVÉDERM® Ultra XC injectable gels are for injection into the facial tissue for the correction of moderate to severe facial wrinkles and folds, such as nasolabial folds. JUVÉDERM® VOLLURE® XC injectable gel is for adults over 21.
JUVÉDERM® Ultra XC injectable gel is also for injection into the lips and perioral area for lip augmentation in adults over 21.
JUVÉDERM® VOLBELLA® XC injectable gel is for injection into the lips for lip augmentation and correction of perioral lines, and for injection into the undereye hollows to improve the appearance of undereye hollows in adults over the age of 21.
IMPORTANT SAFETY INFORMATION
Are there any reasons why I should not receive any JUVÉDERM® formulation?
Do not use these products if you have a history of multiple severe allergies or severe allergic reactions (anaphylaxis), if you are allergic to lidocaine or the Gram-positive bacterial proteins used in these products, or if you have had previous allergic reactions to hyaluronic acid fillers.
What warnings should my doctor advise me about?
- One of the risks with using dermal fillers is the unintentional injection into a blood vessel. The chances of this happening are very small, but if it does happen, the complications can be serious and may be permanent. These complications, which have been reported for facial injections, can include vision abnormalities, blindness, stroke, temporary scabs, or permanent scarring of the skin. Most of these events are irreversible.
- If you have changes in your vision, signs of a stroke (including sudden difficulty speaking, numbness or weakness in your face, arms or legs, difficulty walking, face drooping, severe headache, dizziness, or confusion), white appearance of the skin, or unusual pain during or shortly after treatment, you should notify your health care practitioner immediately.
- The use of dermal fillers where skin sores, pimples, rashes, hives, cysts, or infections are present should be postponed, as this may delay healing or make skin problems worse.
- The effectiveness of removal of any dermal filler has not been studied.
What precautions should my doctor advise me about?
- JUVÉDERM® VOLBELLA® XC should only be injected into undereye hollows by doctors who have completed the necessary training for this treatment area. To find a doctor, visit Juvederm.com/find-a-specialist. Doctors who complete the training will be listed with a symbol
- The safety of these products for use during pregnancy or while breastfeeding has not been studied
- The safety of JUVÉDERM® VOLUMA® XC has not been studied in patients under 35 years or over 65 years for cheek augmentation, or under 22 years and over 80 years for chin augmentation. The safety of JUVÉDERM® VOLUX™ XC, JUVÉDERM® VOLLURE® XC and JUVÉDERM® VOLBELLA® XC has not been studied in patients under 22 years, and the safety of JUVÉDERM® Ultra Plus XC and JUVÉDERM® Ultra XC has not been studied in patients under 18 years
- The safety and effectiveness of treatment with JUVÉDERM® products in anatomical regions outside of their approved uses have not been established in clinical studies
- If you have a history of excessive scarring (thick, hard scars) or pigmentation disorders, treatment in these patients has not been studied and may result in additional scars or changes in pigmentation
- If you are planning other procedures including laser treatments or a chemical peel, there is a possible risk of inflammation at the treatment site if these procedures are performed closely before or after JUVÉDERM® injectable gel treatment
- Tell your doctor if you are on therapy used to reduce your body's natural defense system (such as steroids, chemotherapy, and medicines to treat autoimmune diseases, HIV, and AIDs), as these may increase your risk of infection; and medications that can prolong bleeding (such as aspirin, ibuprofen, or other blood thinners), as these may result in increased bruising or bleeding at the injection site
- Avoid applying makeup for 12 hours after treatment and minimize strenuous exercise, exposure to extensive sun or heat, and alcoholic beverages within the first 24 hours following treatment, as these may cause temporary redness, swelling, and/or itching at the injection site
- JUVÉDERM® VOLUMA® XC was not studied in patients with significant loose skin of the chin, neck, or jaw
- The effect of JUVÉDERM® VOLUMA® XC injection into the chin on facial hair growth has not been studied
- Patients who experience skin injury near the site of JUVÉDERM® VOLUMA® XC injection may be at a higher risk for adverse events
- Tell your doctor if you have already been injected with dermal fillers in the same area as the one(s) you are about to be treated for. This information helps your doctor decide when and whether you should get treatment
What are possible side effects of treatment?
The most commonly reported side effects with JUVÉDERM® injectable gels were redness, swelling, pain, tenderness, firmness, lumps/bumps, bruising, discoloration, and itching. For JUVÉDERM® VOLBELLA® XC, dryness was also reported.
These side effects are consistent with other facial injection procedures and most will resolve within 30 days. Your doctor may choose to treat side effects persisting longer with antibiotics, steroids, or hyaluronidase (an enzyme that breaks down hyaluronic acid).
As with all skin injection procedures, there is a risk of infection.
To report a side effect with any product in the JUVÉDERM® Collection, please call the Allergan® Product Support Department at 1‑877‑345‑5372. Please also visit Juvederm.com or talk to your doctor for more information.
Products in the JUVÉDERM® Collection are available only by a licensed physician or properly licensed practitioner.
References
- Allergan Data on File REF-96593.
- Allergan Data on File, Filler Situational Analysis, 2020.
- Allergan. Unpublished Data. INT/0008/2016(2). JUVÉDERM® is available in over 110 territories worldwide. Feb 2019.
- JUVÉDERM® Ultra XC Patient Label 2020.
- JUVÉDERM® Ultra Plus XC Patient Label 2020.
- JUVÉDERM® VOLLURE® XC Patient Label 2020.
- JUVÉDERM® VOLUMA® XC Patient Label 2020.
- JUVÉDERM® VOLBELLA® XC Patient Label 2020.
- JUVÉDERM® VOLUMA® XC Patient Label 2020.
- JUVÉDERM® VOLUX™ XC Patient Label 2022.
- Allergan Data on File JUVÉDERM® Clinical Studies, 2022.
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SOURCE AbbVie | https://www.mysuncoast.com/prnewswire/2022/09/07/allergan-aesthetics-celebrates-100-million-syringes-juvderm/ | 2022-09-07T13:22:46Z |
Teen accused of killing Spanish high school teacher to be tried as adult, judge ruling
FAIRFIELD, Iowa (KCRG/Gray News) - A judge in Iowa has denied the request to transfer a case involving a teen who is accused of killing a high school teacher to juvenile court.
Jeremy Goodale, 17, and another teen, Willard Miller, are accused of killing Fairfield High School Spanish teacher Nohema Graber last year.
KCRG reports Graber was reported missing on Nov. 3, 2021. Her body was later found at Chautauqua Park, and police said she was beaten with a baseball bat.
Goodale faces charges of first-degree murder and conspiracy to commit a forcible felony in a separate trial from Willard Miller.
State officials report both teens would be charged as adults, and Miller has a motion to move his trial to juvenile court, but that has currently not been ruled on.
Attorneys for Goodale said he was a good candidate for rehabilitative efforts. But the state argued the Iowa State Training School would only hold him until he turned 18, limiting the amount of time available for rehabilitation for such a serious offense.
A jury trial for Goodale is scheduled for Aug. 23.
If both teens are convicted as adults, they face life in prison without parole.
Copyright 2022 KCRG via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/11/teen-accused-killing-spanish-high-school-teacher-be-tried-adult-judge-ruling/ | 2022-05-12T00:31:35Z |
School shooter’s brain exams to be subject of court hearing
FORT LAUDERDALE, Fla. (AP) — A defense mental health expert in the penalty trial of Florida school shooter Nikolas Cruz can pinpoint when he realized the 23-year-old mass murderer still has “irrational thoughts” — the two were making small talk when Cruz began describing plans for an eventual life outside prison.
Wesley Center, a Texas counselor, said that happened last year at the Broward County jail as he fitted Cruz’s scalp with probes for a scan to map his brain. The defense at hearings this week will try to convince Circuit Judge Elizabeth Scherer that Center and other experts should be allowed to testify at Cruz’s ongoing trial about what their tests showed, something the prosecution wants barred.
“He had some sort of epiphany while he was in (jail) that would focus his thoughts on being able to help people,” transcripts show Center told prosecutors during a pretrial interview this year. “His life’s purpose was to be helping others.”
Cruz, of course, will never be free. Since his arrest about an hour after he murdered 14 students and three staff members at Parkland’s Marjory Stoneman Douglas High School on Feb. 14, 2018, there has never been any doubt his remaining years would be behind bars, sentenced to death or life without parole. Surveillance video shows him mowing down his victims with an AR-15-style semiautomatic rifle and he confessed, eventually pleading guilty in October.
Prosecutors made their argument for death to the seven-man, five-woman jury and 10 alternates over three weeks, resting their case Aug. 4 after the panel toured the still-bloodstained, bullet-pocked classroom building where the massacre happened.
The jurors also watched graphic surveillance videos; saw gruesome crime scene and autopsy photos; received emotional testimony from teachers and students who witnessed others die; and heard from tearful and angry parents, spouses and other family members about the victims and how their loved one’s death impacted their lives. They watched video of the former Stoneman Douglas student calmly ordering an Icee minutes after the shooting and, nine months later, attacking a jail guard.
Soon, it will be Cruz’s attorneys arguing why he should be spared, hoping to convince at least one juror their mitigating factors outweigh the prosecution’s aggravating circumstances — a death sentence must be unanimous.
But first, the trial took last week off to accommodate some jurors’ requests to deal with personal matters. The jury will also be absent this week as the sides argue before Scherer, who will decide whether brain scans, tests and other evidence the defense wants to present starting Aug. 22 is scientifically valid or junk, as the prosecution contends.
Center’s test and its findings will be subject to contentious debate. Called a “quantitative electroencephalogram” or “qEEG,” its backers say it provides useful support to such diagnoses as fetal alcohol syndrome, which Cruz’s attorneys contend created his lifelong mental and emotional problems.
EEGs have been common in medicine for a century, measuring brainwaves to help doctors diagnose epilepsy and other brain ailments. But the qEEG analysis, which has been around since the 1970s, goes a step farther — a patient’s EEG results are compared to a database of brainwaves taken from normal or “neurotypical” people. While qEEG findings cannot be used to make a diagnosis, they can support findings based on the patient’s history, examination, behavior and other tests, supporters contend.
A “qEEG can confirm what you already know, but you can’t create new knowledge,” Center told prosecutors in his interview.
Dr. Charles Epstein, an Emory University neurology professor, reviewed Center’s findings for the prosecution. In a written statement to Scherer, he said EEGs using only external scalp probes like the one given Cruz are imprecise, making Center’s qEEG results worthless.
“Garbage in, garbage out,” he wrote.
Florida judges have given mixed rulings about allowing qEEGs since 2010, when the test helped a Miami-area man escape a death sentence for fatally stabbing his wife and severely wounding her mentally disabled 11-year-old daughter. Some judges have since allowed their admission, while others barred them. Scherer, who is overseeing her first death penalty trial, has never had a case where the defense tried to present a qEEG report.
Even if Scherer bars the test, lead defense attorney Melisa McNeill and her team still have evidence that Cruz’s brain likely suffered damage in the womb, including statements by his late birth mother that she abused alcohol and cocaine during pregnancy.
They also have reports giving circumstantial evidence of his mental illness. Cruz got kicked out of preschool for hurting other children. During his years in public school, he spent significant time at a center for students with emotional issues. He also received years of mental health treatment.
Then there are his life circumstances. Cruz’s adoptive father died in front of him when he was 5; he was bullied by his younger brother and his brother’s friends; he was allegedly abused sexually by a “trusted peer;” he cut himself and abused animals; and his adoptive mother died less than four months before the shooting.
His youth will also be an issue — he was 19 when the shooting happened.
Attorneys not involved in the case say if Scherer wants to avoid having a possible death sentence overturned on appeal, she should give the defense wide latitude on what it presents so jurors can fully assess his life and mental health.
“If it’s a close call, I think she is going to bend to the defense — and the prosecution is not going to be happy,” said David S. Weinstein, a Miami criminal defense lawyer and former prosecutor.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/14/school-shooters-brain-exams-be-subject-court-hearing/ | 2022-08-14T15:21:07Z |
Hella Cocktail Co. Secures $5 Million from Whiskey Titan Uncle Nearest's Venture Arm
BROOKLYN, N.Y., June 8, 2022 /PRNewswire/ -- Hella Cocktail Co., a brand of botanically inspired mixers and beverages crafted to elevate cocktail culture for everyone, is proud to announce a $5 million investment from a fellow BIPOC-owned company, Uncle Nearest Premium Whiskey, the fastest-growing American whiskey brand in U.S. history.
From strategy to vision, and from ethos to growth trajectory, the partnership between these two brands truly aligns in every dimension. Standing out with its inclusive category perspective and incredible development, Hella Cocktail Co. secured this investment as part of Uncle Nearest Ventures, which seeks to uplift minority-founded, owned and led spirit companies.
Hella Cocktail Co. was the first BIPOC-founded, owned, and led American beverage brand to be available in all 50 states, and its products are currently sold or used in more than 20,000 stores, bars, hotels, and restaurants. The investment coincides with additional hallmark achievements, including the business' 10-year anniversary and the innovation of a new beverage category with its line of Bitters & Soda. This transformative partnership will propel the brand's next phase of structural growth, funding continued recruitment to Hella's all-star team, stocking warehouses with enough inventory to meet the outpacing demand, and continuing to spread the brand's message of creating a more expansive and inclusive cocktail experience.
The two brands share values and goals that go beyond just business. Both companies are rooted in the diverse backgrounds of their founders and a fundamental dedication to inclusivity. With three leaders of unique heritage, Hella Cocktail Co. inspires confidence in consumers to bring forth their most authentic selves by championing celebration for all.
"We don't see this as just an investment in Hella, but rather an investment in bringing all voices to the table and celebrating different experiences," says Jomaree Pinkard, CEO of Hella Cocktail Co, "This partnership not only enables us to bring our message to more audiences, but aligns us with a fellow minority-owned and led company that understands how integral culture is when creating a successful business. We're thrilled to continue a rapid growth trajectory, as we create premium products where neither taste nor brand values are ever compromised."
Instantly recognizing Hella's deep respect for culture and the incredible way in which this drives the brand's success, the investment from the Uncle Nearest Ventures reflects a new legacy that aims to shape a more diverse landscape for cocktailing.
"Investing in Hella Cocktail Co. was an absolute no brainer," said Fawn Weaver, founder and CEO of Uncle Nearest, Inc. "Our team members were already pairing their Bitters & Soda with Uncle Nearest, so I knew their products were made with excellence. What I didn't know is the brand was founded by three men of African American, Mexican, and Jewish descent. Once I learned that, I reached into Jomaree and said, 'What do you need? It's yours.' We could not be prouder to back these three incredible leaders, who have bootstrapped this brand for a decade, never compromising on quality or messaging, and who have grown their company at such a rapid yet sustained pace that they've proven their brand is here to stay."
To learn more about Hella Cocktail Co. and their non-alcoholic beverage, bitters, and mixer options, visit Hellacocktail.co. For additional information on Uncle Nearest Ventures, visit unclenearest.com/unvf/.
Hella Cocktail Co. is a brand of botanically inspired mixers and beverages that offers daring tastes that elevate and expand cocktail culture for everyone. We are experi-mentors who serve "elevated choice" to these curious experience seekers. Our mission is to inspire confidence in the Hella Curious among us, so that they bring their authentic selves to the table. Because only Hella serves a curated portfolio of cocktailing options, is rooted in the pursuit of bold flavors, and values an inclusive community where all feel invited to gather around the table.
Uncle Nearest Ventures is the investment arm of Uncle Nearest, Inc., created to invest in minority (BIPOC and women) founded, owned, and led brands with the greatest potential to grow into long-standing legacy brands. As the most successful African American founded, owned, and led spirit brand of all time, Uncle Nearest Ventures infuses capital into companies with strong leadership, proven market traction, and a similar excellence as Uncle Nearest in product and delivery. For more information, please visit the Uncle Nearest Ventures website.
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SOURCE Hella Cocktail Co. | https://www.wibw.com/prnewswire/2022/06/08/hella-cocktail-co-celebrates-choice-cocktail-culture-with-new-investment/ | 2022-06-08T13:10:04Z |
Calf Canyon/Hermits Peak Fire becomes largest in New Mexico history at nearly 300,000 acres
By Jennifer Henderson and Jon Passantino, CNN
The growing Calf Canyon/Hermits Peak Fire has become the largest fire in New Mexico history, burning 298,060 acres, officials said.
The blaze, burning east of Santa Fe, is 27% contained with 2,015 personnel working to contain the fire, officials said Monday on a Facebook page providing updates on the effort to quell it.
The Calf Canyon Fire started April 19 and later combined with the Hermits Peak Fire, which has been burning for more than a month, to become the nation’s largest wildfire this year. It has destroyed hundreds of homes.
The wildfire, which has threatened the city of Las Vegas, New Mexico, has prompted President Joe Biden to declare a major disaster. The cause of the fire remains under investigation.
A red-flag warning is in effect for the area surrounding the fire, with near-critical fire weather conditions, dry lightning, and shifting winds expected amid ongoing dry conditions.
“Dry lightning with sudden and strong erratic wind shifts from any nearby storm” could lead to rapid spreading or shifting of the fire lines, the National Weather Service (NWS) office in Albuquerque warned.
Winds from storm outflows could gust as high as 60 mph, in addition to a level 1 of 5 risk for damaging thunderstorm winds with a few of the storms.
“Any new or ongoing fires will be very hard to control,” the warning said.
The cities of Albuquerque, Santa Fe and Roswell in New Mexico all have the potential to tie or break record highs this week, making weather conditions at the Calf Canyon/Hermits Peak wildfire even more dire.
Exacerbating the problem is the mega drought the area has been suffering for years that’s dried out vegetation and turned it into ready fuel for any fires that start.
According to National Interagency Fire Center data, this year has seen more fires nationwide — 24,762 — than any previous year tracked in the last decade. It ranks fourth in the most acres burned to date.
The previous largest fire in New Mexico was the Whitewater-Baldy Fire in 2012 that burned 297,845 acres, the Geographic Area Coordination Centers report.
So far this year, about 480,000 acres have been scorched in New Mexico — more than was burned in the previous two years combined, CNN meteorologist Brandon Miller said. That number is almost double the yearly average of 260,000 acres.
It’s not just the numbers that are frightening: The fire season goes into July, with fire activity across the state typically peaking in June.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Haley Brink, Allison Chinchar and Theresa Waldrop contributed to this report. | https://localnews8.com/cnn-weather-environment/2022/05/16/calf-canyon-hermits-peak-fire-becomes-largest-in-new-mexico-history-at-nearly-300000-acres/ | 2022-05-16T20:24:58Z |
Girl, 14, charged with arson for starting Walmart fire, police say
PEACHTREE CITY, Ga. (CBS46/Gray News) – A 14-year-old girl in Georgia was charged with arson after being accused of setting a fire inside Walmart.
The Peachtree City Police Department believes the teen intentionally started a fire in the paper goods aisle of the store, WGCL reports.
According to police, officers executed a search warrant at the 14-year-old’s home, where they said she admitted to starting the fire.
Investigators said the girl stated no motive behind setting the fire. It was said to be her impulsive decision.
Authorities said the fire was set around 7:20 p.m. Aug. 24. It took firefighters throughout the night to get the fire under control. It was finally extinguished around 4 a.m. the following day.
Although the store’s sprinkler system functioned as designed, the store suffered extensive damage to the interior and the roof.
Three Peachtree City police officers who evacuated the store had to be treated for smoke inhalation, but no one was seriously injured.
Copyright 2022 WGCL via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/31/girl-14-charged-with-arson-starting-walmart-fire-police-say/ | 2022-08-31T16:35:25Z |
GUANGZHOU, China, July 1, 2022 /PRNewswire/ -- Onion Global Limited ("Onion Global", the "Group" or the "Company") (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets, and distributes the world's fresh, fashionable, and future brands to young people in China and across Asia, today announced that it generated over RMB14.8 million in GMV within the first three days of its 2022 Luca Brand Shopping Festival. To address the rapidly evolving needs and expectations of the younger generation, Luca Brand Shopping Festival, one of Onion Global's key promotional events of the year, brings together a collection of "fresh, fashionable and future" high-growth brands designed specifically for Gen Z. Onion Global has been implementing the Luca Brand portfolio strategy since 2018, currently consisting of over 40 new-consumption brands spanning across daily necessities, food, beauty, and healthcare to meet the diversified needs of young consumers. The twelve-day Shopping Festival started on June 17, 2022 and continued until June 29, 2022.
Highlights for the first three days during the 2022 Luca Brand Shopping Festival
- The total GMV during the first three days was over RMB14.8 million, and the total number of orders was over 30,000;
- More than 700 Standard Product Units (SPUs) offered by 36 brands participated in the Luca Brand Shopping Festival this year;
- The total number of buyers exceeded 19,000 with a repurchase rate of higher than 31%;
Mr. Cong (Kenny) Li, Founder, and CEO of Onion Global commented, "As part of our core strategy, the Luca Brand portfolio has helped Onion Global build emotional and personal connections with the younger generation, especially Gen Z, and respond to the ever-changing consumption environment. We believe with new demands bring new opportunities, and the diversification of consumer demand under the new consumption trend will undoubtedly change the landscape of new consumption brands. Against this backdrop, Onion Global helps brands adjust their marketing strategies to keep up with the consumption concepts of the new generation. For example, we helped Baiyunshan Wanglaoji, a functional drinking product, launch a new type of sugar-free and sparkling herbal tea to fit into diverse catering scenarios. We also incubated Soul Mui, a fruit wine brand featuring Chinese cultural elements, to target the alcopop and low alcoholic beverage market favored by the younger generation. This April, we launched Eyelicious, an eye fashion brand, to take advantage of the booming eye makeup market fueled by the regular wearing of face masks. Onion Global will capitalize on the new consumption trends and continue to work with its partners across the value chain, incubating and developing more trendy brands and products, and expand the Luca Brand categories further."
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, the Company's forecasts, general observation of the industry, and business outlook, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "expects," "anticipates," "target," "aim," "future," "intends," "plans," "believes," "potential," "estimates" "continue," "is/are likely to," or other similar statements. Further information regarding these and other risks is included in Onion Global's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Onion Global does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
About Onion Global Limited
Onion Global Limited (NYSE: OG) is a next-generation lifestyle brand platform that incubates, markets, and distributes the world's fresh, fashionable, and future brands, which we refer to as "3F brands," to young people in China and across Asia. The Company's mission is to be the dream factory of lifestyle brands for young people. The Company's platform offers an integrated solution to develop, market, and distribute new and inspiring branded products, thereby reshaping the lifestyle shopping and consumer culture in China. Onion Global Limited has been listed on New York Stock Exchange since May 2021.
For more information, please visit: http://ir.msyc.com/.
Investor Relations Contact
In China:
Onion Global Ltd.
Investor Relations
E-mail: ir@msyc.cc
Christensen
Mr. Eric Yuan
E-mail: eyuan@christensenir.com
Tel: +86-10-5900-1548
In the United States:
Christensen
Ms. Linda Bergkamp
E-mail: lbergkamp@christensenir.com
Tel: +1-480-614-3004
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SOURCE Onion Global Limited | https://www.mysuncoast.com/prnewswire/2022/07/01/onion-global-surpasses-rmb148-million-gmv-first-three-days-during-2022-luca-brand-shopping-festival/ | 2022-07-01T08:45:11Z |
Most recently serving as Life Flight Network's interim Chief Executive Officer, Clayton brings to his new role extensive experience in aviation safety and operations.
AURORA, Ore., July 6, 2022 /PRNewswire/ -- Life Flight Network has selected aviation safety and operations leader Ben Clayton to serve as its Chief Executive Officer. Life Flight Network is the largest not-for-profit air medical transport service in the United States, providing ICU-level care to communities in the Pacific Northwest and Intermountain West. Clayton was selected from a large field of candidates following a robust national search and interview process led by Life Flight Network's board of directors.
Since joining Life Flight Network in 2015, Clayton has served the organization in a variety of operational and safety leadership roles. In his most recent positions as the Chief Operating Officer and Interim Chief Executive Officer, Clayton led the organization through the extraordinary challenges and uncertainty presented by the COVID-19 pandemic. Clayton guided the restructuring of several departments, while at the same time creating sustainable operational efficiencies. Additionally, he oversaw the opening of new Life Flight Network bases in Salem, Oregon, and in Lewiston and Coeur d'Alene, Idaho.
"We are fortunate to have Ben's expertise and experience on our team as we work to increase our capacity to meet the region's growing need for critical medical transport," said Dr. Tom Lorish, Chief Executive of Outreach and Strategic Affiliation for Providence Health and Services and the Life Flight Network Board Chair. "Ben is a proven leader and has helped Life Flight Network provide life-saving air medical resources to our communities during challenging times, while also ensuring we consistently meet the highest standards of safety and quality."
Prior to joining Life Flight Network, Clayton served as a helicopter pilot and Aviation Safety Officer in the United States Marine Corps. During this time, he participated in multiple land and ship-based deployments including to Iraq and several countries in the Western Pacific and Southeast Asia. He trained extensively in complex operations and in aviation safety.
Clayton came to Life Flight Network as a helicopter pilot transporting ill and injured patients, and quickly moved into an aviation training role. With his extensive expertise in safety, Clayton was promoted to Director of Safety and Risk Management before becoming the organization's Chief Safety Officer. His success in that role led to him being named Chief Operating Officer in June 2020.
"I have dedicated my career to ensuring the safety and health of the organizations I've worked for and the people they serve," said Ben Clayton, Chief Executive of Life Flight Network. "It's been an honor to serve the communities in this region for the past seven years, and I look forward to continuing to expand their access to quality healthcare in my new role."
Clayton grew up in Canby, Oregon, and graduated from Oregon State University with a bachelor's degree in general science.
Clayton serves on the boards of directors for both the Association of Air Medical Services and the Air Medical Operators Association.
Life Flight Network, a not-for-profit air medical service, is accredited by the Commission on Accreditation of Medical Transport Systems (CAMTS), the National Accreditation Alliance of Medical Transport Applications (NAAMTA), and Helicopter Association International (HAI). Life Flight Network is the largest not-for-profit air medical transport service in the United States and maintains its own FAA Part 135 Operating Certificate. It offers ICU-level care during air and ground transport across the Pacific Northwest and Intermountain West. Headquartered in Aurora, Oregon, Life Flight Network is owned by a consortium of Legacy Health, Oregon Health and Science University, Providence Health and Services, and Saint Alphonsus Regional Medical Center. It was named the 2021 Program of the Year by the Association for Air Medical Services. For more information about Life Flight Network or to become a member, visit www.lifeflight.org.
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SOURCE Life Flight Network | https://www.kxii.com/prnewswire/2022/07/06/life-flight-network-names-aviation-safety-leader-ben-clayton-chief-executive-officer/ | 2022-07-06T22:36:38Z |
LANGLEY, BC, June 7, 2022 /PRNewswire/ - Green Matters Technologies Inc ("Green Matters") announced today a mutual agreement in the form of a Memorandum of Understanding (MoU), with Greenbriar Capital Corp. ("Greenbriar") to outline the process for Green Matters to design and manufacture sustainable energy recovery systems that will provide the domestic hot water, space heating and cooling for the 995-unit, sustainable "Sage Ranch" housing project in Tehachapi, CA, a 90-minute drive north of Los Angeles.
By incorporating Green Matters technology, the "Sage Ranch" project will add to its mission of creating a socially responsible, sustainable near-zero carbon footprint living community, with carbon offsets amounting to millions of tonnes of CO2 emission reductions.
Green Matter's patented energy recovery system is more than 6 times as efficient as traditional gas fired boilers. It captures waste heat from AC chillers and ambient air to utilize the thermal energy and provide facilities with 100% of their hot water and space heating demands.
Upon installation of a community energy recovery system, Green Matters will monitor and bill its services through smart energy metering, becoming the first of its kind in providing clean heating and cooling to the community as an HVAC utility service provider.
"One of the biggest problems in new real estate development is finding net zero options for heating water. Green Matters has figured out how to do that, and so partnering with them on this project will play a pivotal role in meeting our goals for sustainability."
Jeff Ciachurski, CEO Greenbriar Capitol
"With the exceptionally high efficiencies of our patented energy recovery system, on one side we can provide the cold water needed to run AC systems, while on the other side, convert the waste heat that's generated into domestic hot water and space heating, without the need for fossil fuels. It's a win for both business and the environment."
Michael Caetano, CEO Green Matters Technologies
Sage Ranch will also include rooftop solar panels for electrical generation on detached homes, power walls for electric car charging and energy storage, the capture and reuse of grey stormwater for outdoor irrigation and other non-potable uses, the use of smart meters and smart appliances, and a walkable community design that minimizes the need for daily driving.
Green Matters Technologies creates innovative and disruptive technology solutions in the HVAC (Heat, Ventilation, Air Conditioning) marketplace that are environmentally sustainable and commercially viable. Their "Zero Emission" product lines enable businesses to significantly reduce their carbon footprint while at the same time, deliver substantial energy savings. Moving forward, the company continues to focus their efforts in diversifying their portfolio of clean development solutions in various sectors.
Green Matters Technologies corporate offices and manufacturing facilities are in Langley, just outside of Vancouver, Canada.
Greenbriar is a leading developer of renewable energy and sustainable real estate. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value. Greenbriar trades on the Toronto Venture Exchange under the symbol GRB and on the US OTC market under the symbol GEBRF
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SOURCE Green Matters Technologies Inc | https://www.wibw.com/prnewswire/2022/06/07/green-matters-technologies-announces-mou-with-greenbriar-capital-provide-heating-cooling-995-unit-socially-responsible-near-zero-carbon-footprint-living-community-southern-california/ | 2022-06-07T11:04:30Z |
KNOXVILLE, Tenn., June 15, 2022 /PRNewswire/ -- Pilot Company, one of the leading suppliers of fuel and the largest operator of travel centers in North America, announced today that the company is building upon its current initiatives in the alternative fuels space with a new compressed natural gas (CNG) and hydrogen delivery platform. This expansion includes a partnership with VoltaGrid LLC ("VoltaGrid") to develop a low-carbon fuels network that contributes to reduced emissions and decarbonization for third-party customers in industries like water disposal, dual-fuel applications, water heating operations, and natural disaster response.
Pilot Company's recent investment in a large-scale fleet of CNG and hydrogen trailers and in VoltaGrid's low-carbon oilfield and mining services business is estimated to bring 350,000 gallons equivalent of low carbon fuel to the market daily. This partnership will advance VoltaGrid's power generation venture for electric completions and look at further growth through the joint development of large-scale low-carbon fuel terminals in 2022 and early 2023.
VoltaGrid and Pilot Company will provide customers the ability to:
- Increase resources and streamline operations through seamless transitions between field gas and CNG supply for electric power generation without having to manage multiple suppliers.
- Access a reliable network of CNG, renewable natural gas, diesel, and hydrogen fuel supply paired with VoltaGrid's turnkey power generation package.
- Access Pilot Company's broad infrastructure base to efficiently supply low carbon fuels for grid reinforcement projects.
Pilot Company hired industry veteran Joshua Edge, with more than 20 years of experience in fuel distribution and terminal management, to lead the expansion.
"Pilot Company is a leader in fuel supply and distribution in North America, and we are eager to further diversify our business footprint in the alternative fuels space and scale our capabilities to serve the energy, fuel, and mobility industries," says Joshua Edge, Pilot Company's Senior Director of Compressed Gas Operations. "VoltaGrid's approach to safety, efficiency, cutting-edge technology, and innovative solutions aligns with our corporate goals to help customers lower their carbon footprint and benefits our team members, stakeholders, and customers."
VoltaGrid, founded in 2020, is currently executing a significant growth plan across North America with a focus on reducing emissions and operating cost reductions while increasing the reliability of portable power generation. The company continues to foster long-term partnerships with key organizations focused on reducing their carbon footprint and future capital requirements.
Nathan Ough, Chief Executive Officer and President of VoltaGrid, adds, "With Pilot's expansive network and our joint efforts to produce and provide cleaner and more efficient power, we are excited to bring even more resources and value to our customers. The alternative fuel space is ripe with innovation, and this is just one of many steps both companies are taking in reducing emissions and providing clean energy."
Pilot Travel Centers LLC ("Pilot Company") keeps North America's drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers. Founded in 1958 and headquartered in Knoxville, Tennessee, Pilot Company has grown its network to more than 800 retail and fueling locations and as the third largest tanker fleet in North America, supplies more than 14 billion gallons of fuel per year to the market. Its energy division also supplies DEF, bio and renewable fuels and provides hauling and disposal services to the oil field sector. Pilot Company serves 1.5 million guests per day and provides over 70,000 fleet customers with solutions for fuel, credit, factoring, services and rewards. Its Pilot Flying J Travel Center network includes over 750 locations in 44 states and five Canadian provinces with more than 790 restaurants, 75,000 truck parking spaces, 5,300 deluxe showers, 6,200 diesel lanes and offers truck maintenance and tire service with Southern Tire Mart at Pilot Flying J. The One9 Fuel Network connects a variety of fueling locations to provide smaller fleets and independent professional drivers with everyday value, convenience, credit and perks. More information on locations and rewards are available in the myRewards Plus™ app.
Pilot Company is currently ranked No. 7 on Forbes' list of America's Largest Private Companies. For additional information about Pilot Company, its 28,000 team members and commitment to giving back, visit www.pilotcompany.com.
VoltaGrid is an advanced energy management and generation company that is developing an innovative platform to provide power, energy storage and emissions reductions for the pressure pumping, remote mining, utility, and distributed generation industries. VoltaGrid's fully integrated artificial intelligence platform provides live emissions tracking, asset carbon intensity, automated back-office management and ESG reporting on a centralized database.
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SOURCE Pilot Company | https://www.mysuncoast.com/prnewswire/2022/06/15/pilot-company-expands-into-compressed-natural-gas-partners-with-voltagrid/ | 2022-06-15T19:54:34Z |
GENEVA (AP) — The number of coronavirus cases reported globally has dropped for a second consecutive week and confirmed COVID-19 deaths also fell last week, according to a World Health Organization report issued Wednesday.
In its latest pandemic report, WHO said 9 million cases were reported, a 16% weekly decline, and more than 26,000 new deaths from COVID-19. The U.N. health agency said confirmed coronavirus infections were down in all regions of the world.
However, it warned that the reported numbers carry considerable uncertainty because many countries have stopped widespread testing for the coronavirus, meaning that many cases are likely going undetected.
WHO said it was also tracking an omicron variant that is a recombination of two versions: BA.1 and BA.2, which was first detected in Britain in January. WHO said early estimates suggest the recombined omicron could be about 10% more transmissible than previous mutations, but further evidence is needed.
The agency has continued to warn countries not to drop their COVID-19 protocols too quickly and predicted that future variants could spread easily if surveillance and testing systems are shelved.
Last week, the U.K. said COVID-19 had hit record levels across the country, with government statistics estimating that about 1 in 13 people were infected. Those figures came on the same day the British government abandoned its free testing program.
Meanwhile, Chinese authorities conducted more mass testing this week across Shanghai, which remains in lockdown following another jump in infections; the city has recorded more than 90,000 cases but no deaths during the pandemic.
Despite growing public frustration and concerns about economic effects, China says it is sticking to its hard-line “zero-tolerance” approach mandating lockdowns, mass testing and the compulsory isolation of all suspected cases and close contacts. Following a public uproar, Shanghai authorities said Wednesday they would allow at least some parents to stay with children infected with COVID-19, making an exception to a policy of isolating anyone who tests positive.
___
Follow AP’s coverage of the pandemic at https://apnews.com/hub/coronavirus-pandemic | https://cw33.com/health/ap-health/who-covid-cases-and-deaths-continue-to-fall-globally/ | 2022-04-07T06:22:44Z |
From a petting zoo to milking a fiberglass cow, Destination Ag Day on Sept. 17 promises lifetime memories for all visitors to the Abraham Baldwin Agricultural College Georgia Museum of Agriculture.
TIFTON — From a petting zoo to milking a fiberglass cow, Destination Ag Day on Sept. 17 promises lifetime memories for all visitors to the Abraham Baldwin Agricultural College Georgia Museum of Agriculture.
From 9 a.m.-1 p.m. on that day at the museum, guests can explore how agriculture impacts them in their daily lives through a variety of hands-on activities.
This family-fun filled day includes crafts, a petting zoo, tractor displays, and interactive activities allowing guests of all ages to discover the importance of agriculture. Guests can milk Buttercup, the fiberglass milking cow, experience the challenges birds face during a migration game, and create their own monarch caterpillar-themed bracelet.
“Destination Ag Day is not only just learning about agriculture, but also a celebration of how important it is to each of us every day,” Kelly Scott, the museum’s Agriculture and Natural Resources Supervisor, said.
Destination Ag at the museum has provided field trip experiences in agriculture and natural resources for more than 40,000 elementary-aged children since 2016. The program has also connected with additional students and adults through outreach at schools, regional festivals, the Family Farm Book series, and the Traveling Trunks program in partnership with the Georgia Farm Bureau.
“We are always looking for exciting ways to increase engagement with agriculture and natural resources, and this event will allow us to connect even more children and families with where their food, fiber, and shelter comes from,” Scott said.
Admission for the day is $12 for adults and $10 for senior citizens. A free child (ages 17 and under) admission is included with every paid adult purchase. For more information, interested persons can contact Scott at (229) 391-5221.
Giving Assistant curated a list of six iconic examples of product placement on TV from a variety of sources, including both paid and unpaid sponsorships. Click for more.
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- Termination results in anticipated cash savings of $33.1 million
- Removes last of legacy contracts associated with former plasma-derived therapeutics business
LAVAL, QC and CAMBRIDGE, ENGLAND, Aug. 25, 2022 /PRNewswire/ - Liminal BioSciences Inc. (Nasdaq: LMNL) ("Liminal BioSciences" or the "Company"), a development-stage biopharmaceutical company, announced today that, effective immediately, its long-term legacy Master Services Agreement, entered into in May 2015 as amended, relating to its previously owned plasma-derived therapeutics business ("CDMO Agreement"), was terminated by mutual agreement between the parties. The Company had previously sent an early five-year termination notice to terminate the CDMO Agreement in August 2021. The CDMO Agreement included a minimum purchase commitment of $9 million per year for the remainder of the contract.
This termination of the CDMO Agreement is part of the Company's previously disclosed objective to streamline its business, divest its non-core assets and eliminate contracts associated with its previously owned plasma-derived therapeutics business.
The Termination Agreement results in the termination of the CDMO Agreement effective immediately, and all obligations of the Company associated therewith, including any annual minimum purchase commitments. Under the terms of the Termination Agreement, Liminal BioSciences will pay a total of $18 million, of which $11.2 million was paid upon execution of the Termination Agreement and covers past sums due to the date of termination. The Company will make two further payments of which $3.4 million will be payable in the first quarter of 2023 and the remaining $3.4 million will be payable in the first quarter of 2024. The Termination Agreement contains customary releases.
"We are very pleased to have reached this agreement, which results in anticipated cash savings of approximately $33.1 million, and significantly reduces the last of our financial commitments relating to our previously owned plasma-derived therapeutics business", stated Bruce Pritchard, Chief Executive Officer of Liminal BioSciences.
Liminal BioSciences is a development stage biopharmaceutical company focused on discovering and developing distinctive novel small molecule therapeutics for inflammatory, fibrotic, and metabolic diseases using our drug discovery platform with a data driven approach. The Company is currently developing GPR84 antagonists and OXER1 antagonists. In addition to these programs, the Company continues to explore other development opportunities to add to its pipeline.
Liminal BioSciences has active business operations in Canada and the United Kingdom.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words "anticipate," "expect," "suggest," "plan," "believe," "intend," "estimate," "target," "project," "should," "could," "would," "may," "will," "forecast" and other similar expressions are intended to identify forward-looking statements. These statements include those related to Liminal BioSciences' objectives, strategies and businesses that involve risks and uncertainties. Forward–looking information includes statements concerning, among other things: the potential financial and other benefits of terminating the CDMO Agreement, the Company's ability to streamline its business, divest its non-core assets and eliminate contracts associated with its previously owned plasma-derived therapeutics business, ability to achieve cash savings, advancement of Liminal Biosciences' product candidates, the outcome of anticipated clinical trials; the analysis of our clinical trial data; the potential development of Liminal Biosciences' R&D programs; the properties of our drug candidates; the timing of initiation or nature of preclinical and clinical trials and potential therapeutic areas.
These statements are "forward-looking" because they are based on our current expectations about the markets we operate in and on various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. Among the factors that could cause actual results to differ materially from those described or projected herein include, but are not limited to, risks associated with: the Company's ability to develop, manufacture, and successfully commercialize product candidates, if ever; the impact of the COVID-19 pandemic on the Company's workforce, business operations, clinical development, regulatory activities and financial and other corporate impacts; the availability of funds and resources to pursue R&D projects, manufacturing operations or commercialization activities; the successful and timely initiation or completion of clinical trials; the ability to take advantage of financing opportunities or business opportunities in the pharmaceutical industry; the Company's ability to resolve the Nasdaq listing deficiency and regain compliance with the Nasdaq Listing Rules; uncertainties associated generally with research and development, clinical trials and related regulatory reviews and approvals; and general changes in economic conditions. You will find a more detailed assessment of these risks, uncertainties and other risks that could cause actual events or results to materially differ from our current expectations in the filings and reports the Company makes with the U.S. Securities and Exchange Commission and Canadian Securities Administrators, including in the Annual Report on Form 20-F for the year ended December 31, 2021, as well as other filings and reports Liminal Biosciences' may make from time to time. Such risks may be amplified by the ongoing COVID-19 pandemic and any related impacts on Liminal BioSciences' business and the global economy. As a result, we cannot guarantee that any given forward-looking statement will materialize. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements and estimates, which speak only as of the date hereof. We assume no obligation to update any forward-looking statement contained in this press release even if new information becomes available, as a result of future events or for any other reason, unless required by applicable securities laws and regulations.
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SOURCE Liminal BioSciences Inc. | https://www.kxii.com/prnewswire/2022/08/25/liminal-biosciences-announces-termination-legacy-cdmo-contract/ | 2022-08-25T11:27:21Z |
NEW YORK, Aug. 19, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
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Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA), in connection with the proposed acquisition of IEA by MasTec, Inc. ("MasTec"). Under the terms of the merger agreement, IEA shareholders will receive $14.00 per share in cash and 0.0483 shares of MasTec common stock for each IEA share owned, representing implied per-share merger consideration of approximately $18.01 based upon MasTec's August 18, 2022 closing price of $82.99. If you own IEA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/iea
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Shell Midstream Partners, L.P. (NYSE: SHLX), in connection with the proposed acquisition of SHLX by Shell USA, Inc. ("Shell USA"). Under the terms of the merger agreement, SHLX unit holders will receive $15.85 in cash for each Public Common Unit of SHLX common stock owned. A subsidiary of Shell USA currently owns 269,457,304 SHLX common units, or approximately 68.5% of SHLX common units. If you own SHLX shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/shlx
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Zymergen Inc. (NASDAQ: ZY), connected with the proposed acquisition of ZY by Ginkgo Bioworks Holdings, Inc. ("Ginkgo"). Under the terms of the merger agreement, ZY shareholders will receive 0.9179 shares of Ginkgo common stock for each ZY share owned, representing implied per-share merger consideration of approximately $2.98 based upon Ginkgo's August 18, 2022 closing price of $3.25. If you own ZY shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/zy
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of EVO Payments, Inc. (NASDAQ: EVOP), in connection with the proposed acquisition of EVOP by Global Payments Inc. Under the terms of the merger agreement, EVOP shareholders will receive $34.00 in cash for each share of EVOP common stock owned. If you own EVOP shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/evop
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SOURCE Weiss Law | https://www.wibw.com/prnewswire/2022/08/19/shareholder-alert-weiss-law-reminds-iea-shlx-zy-evop-shareholders-about-its-ongoing-investigations/ | 2022-08-19T22:16:08Z |
GLENDORA, Calif., June 10, 2022 /PRNewswire/ -- CalPortland is pleased to announce that Hamed Maraghechi has joined the company as Director of the Central Research Laboratory. Hamed will be located at the CalPortland Center of Technical Excellence in Southern California where he will conduct new research and testing related to issues such as carbon reduction and sequestration to help the company achieve its commitment to lowering greenhouse gases. He will also oversee all advanced analytical services for customers and for internal operations, in this newly created position.
"Hamed brings valuable experience to CalPortland which will provide strategic guidance for the research and development of new, lower carbon cementitious materials that is instrumental to CalPortland reaching our carbon neutrality goals," said Steve Regis, Senior Vice President, Cement Operations. "By using real, scientific methodologies, CalPortland will continue to find innovative and meaningful solutions to current climate challenges. We are excited to welcome Hamed to the CalPortland family."
Hamed joins CalPortland with extensive research experience with cementitious and concrete materials. He holds a PhD in Civil and Environmental Engineering with a Materials focus from The Pennsylvania State University, a Masters of Science in Civil and Environmental Engineering from the University of Hawaiʻi at Mānoa, and a Masters of Science in Polymer Engineering from the University of Tehran. Hamed was most recently a senior scientist at Fortera working on the design and development of low CO2 cement and concrete formulations. Prior to Fortera, he worked as a scientist at Boral IP Holdings and the École Polytechnique Fédérale de Lausanne (EPFL) in Switzerland. Hamed has authored and contributed to numerous research publications and presentations involving cement and concrete materials.
CalPortland Company is a major producer of cement, ready mixed concrete, aggregates, concrete products and asphalt in the western United States and Canada. Founded in 1891, CalPortland remains a leader in the industry through its commitment to quality, safety, customer service, technical excellence and environmental leadership. The company maintains its headquarters in Glendora, California. For more information about CalPortland Company, visit www.calportland.com.
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SOURCE CalPortland Company | https://www.mysuncoast.com/prnewswire/2022/06/10/calportland-welcomes-hamed-maraghechi-director-central-research-laboratory/ | 2022-06-10T14:37:36Z |
HOUSTON (AP) — Officers shot and wounded a man early Tuesday when he charged at them with a knife after he killed a construction worker with the worker’s own stolen truck, crashed into the lobby of a Houston high-rise and then stabbed someone else, police said.
The suspect carjacked the 59-year-old construction worker’s truck shortly before 3:30 a.m., police said. As the victim was walking to the office of the luxury apartment building west of downtown where he had been working, the suspect ran him over and then crashed into the lobby of the building, which is still under construction but is 30% occupied, police Chief Troy Finner said.
The construction worker, whose name police didn’t release, died at the scene.
The building’s concierge, who was at a desk in the lobby, wasn’t hurt during the crash and barricaded himself inside an office. The suspect got back into the truck and crashed it into the office, but the concierge wasn’t hurt, Finner said.
The suspect then stabbed in the back a 51-year-old man who came to the lobby area after the crashes, Finner said. That victim was in stable condition.
Officers found the suspect walking down the street and told him multiple times to drop the knife but he refused and charged, leading them to shoot him, the chief said.
The suspect, whose name has not been released, was shot at least twice but managed to get up, leading the officers to use their stun guns to subdue him, Finner said.
The suspect was taken to a hospital, where he was in surgery, police said.
“This is a senseless incident. I don’t know what the motivation is, if you can even describe it. What would motivate somebody to do this?” Finner wondered.
___
Follow Juan A. Lozano on Twitter: https://twitter.com/juanlozano70 | https://cw33.com/news/u-s-news/ap-u-s-headlines/police-man-shot-after-running-over-worker-stabbing-another/ | 2022-04-05T18:52:56Z |
TOKYO, Aug. 10, 2022 /PRNewswire/ --
- Despite some unfavorable factors such as a decrease in automobile unit sales due to the semiconductor supply shortage and the lockdown of Shanghai, and an increase in the cost of raw materials, consolidated operating profit for the fiscal first quarter ended June 30, 2022, amounted to 222.2 billion yen (a year-on-year decrease by 20.9 billion yen), securing operating profit margin equivalent to that of the same period last year. This was due primarily to the effect of changes in sales prices and costs, a reduction of incentives and favorable currency effects.
- Consolidated profit for the fiscal first quarter attributable to owners of the parent amounted to 149.2 billion yen (a year-on-year decrease by 73.2 billion yen), due primarily to a decrease in the share of profit of investments accounted for using the equity method in China.
- The previously announced forecast for consolidated operating profit for the current fiscal year (April 1, 2022 through March 31, 2023) was revised upward by 20 billion yen to 830 billion yen. The previously announced forecast for profit for the fiscal year attributable to owners of the parent remains the same, 710 billion yen.
- Honda will acquire its own shares, with the maximum acquisition amount of 100 billion yen, with the purposes including improving efficiency of its capital structure and implementing a flexible capital strategy.
I. Consolidated financial summary and business-by-business results for the fiscal first quarter (3 months) ended June 30, 2022
- Sales revenue: 3,829.5 billion yen (a year-on-year increase of 6.9%)
Although automobile sales decreased, consolidated sales revenue experienced a year-on-year increase due primarily to an increase in motorcycle sales and favorable currency effects. - Operating profit: 222.2 billion yen (a year-on-year decrease of 8.6%)
- Profit for the period attributable to owners of the parent: 149.2 billion yen (a year-on-year decrease of 32.9%)
1) Motorcycle business
Sales revenue: 676.0 billion yen (a year-on-year increase of 30.5%)
Increase due primarily to a sales increase in Asia and favorable currency effects.
Operating profit: 97.8 billion yen (a year-on-year increase of 21.2%)
Increase due primarily to an increase in profit related to changes in sales prices and costs and favorable currency effects.
2) Automobile business
Sales revenue: 2,328.1 billion yen (a year-on-year increase of 3.4%)
Although sales decreased mainly in North America, sales revenue experienced a year-on-year increase due primarily to favorable currency effects.
Operating profit: 38.2 billion yen (a year-on-year decrease of 45.9%)
Decrease due primarily to a decrease in profit attributable to sales impacts.
Combined with operating profit from financial services business related to automobile sales, the estimated operating profit for automobile business is 113.9 billion yen.
3) Financial Services business
Operating profit: 78.8 billion yen (a year-on-year decrease of 14.5%)
Decrease due primarily to a decrease in profit due to lower revenue.
4) Power Product and Other businesses
Operating profit: 7.3 billion yen (a year-on-year increase of 7.7 billion yen)
Aircraft/aircraft engine business, which is included in "Other businesses," accounted for an operating loss of 3.8 billion yen.
II. Forecasts for the Fiscal Year Ending March 31, 2023 (FY23)
- Sales revenue: 16,750 billion yen
(upward revision of the previously announced forecast by 500 billion yen)
- Operating profit: 830 billion yen
(upward revision of the previously announced forecast by 20 billion yen)
- Profit for the fiscal year attributable to owners of the parent: 710 billion yen
(no change from the previously announced forecast)
III. Acquisition of the Company's Own Shares
For the purpose of improving efficiency of its capital structure and implementing a flexible capital strategy, among others, Honda resolved the following details regarding the acquisition of its own shares at the Board of Directors meeting held today.
Consolidated Financial Results for the Fiscal 1st Quarter ended June 30, 2022
Forecasts for the Fiscal Year Ending March 31, 2023 (FY23)
For Additional Information, please visit;
https://global.honda/investors/library/financialresult.html
SOURCE: Honda Motor Co., Ltd
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SOURCE Honda Motor Co., Ltd. | https://www.mysuncoast.com/prnewswire/2022/08/10/honda-motor-co-ltd-hmcnyse-announced-its-consolidated-financial-summary-fiscal-1st-quarter-ended-june-30-2022-forecasts-fiscal-year-ending-march-31-2023/ | 2022-08-10T12:30:05Z |
Two children have died, one 4 years old and one 15, in two separate accidental gun shootings by children in the past two days.
In Georgia, a mother has been charged with cruelty to children after her 4-year-old daughter found a loaded gun in the backseat of a vehicle and shot and killed herself Sunday evening, police said.
Police responding to a call of a person shot on I-85 in metro Atlanta found 4-year-old Kendal Lewis deceased in the backseat, apparently from a gun shot, according to a release from DeKalb County Police Department.
The child's mother, Kaelin Lewis, was driving when her daughter found a firearm in the backseat and discharged it, shooting herself, police said.
Kaelin was arrested and faces a charge of cruelty to children in the second degree, according to police.
CNN has not been able to determine if Lewis has an attorney.
She is currently in the custody of the DeKalb County jail, according to jail logs.
In the second incident, a 9-year-old boy fatally shot a 15-year-old girl in Maryland Saturday while he was playing with a gun and it accidentally went off, according to Baltimore police.
The gun belongs to a relative of the boy who works as an armed security guard, police said.
Due to state law, the boy cannot be charged with a crime, police said, and the investigation is ongoing.
Police are working with the state attorney's office for any possible charges related to the shooting, the Baltimore Police Department said in a release posted on Facebook.
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WASHINGTON — COVID-19 boosters shots are on track to become as frequent as the annual flu shot, though high-risk people may need more than one dose per year, Biden administration officials said this week.
“For a large majority of Americans, we are moving to a point where a single annual COVID shot should provide a high degree of protection against serious illness all year,” White House COVID-19 Response Coordinator Ashish Jha said during a briefing.
Anthony Fauci, chief medical adviser to President Joe Biden and director of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health, conveyed a similar message, saying that “in the absence of a dramatically different variant, we likely are moving toward a path with a vaccination cadence similar to that of the annual influenza vaccine.”
The move could provide clarity and possibly simplicity for people who have been trying to keep track of if and when they should get a COVID-19 booster.
The most recent announcement about booster shots came last week when the Centers for Disease Control and Prevention recommended people 12 and older get another COVID-19 booster dose in the coming weeks.
Jha said he expects there may be updates on the booster for kids under 12 at some point later in the fall.
The Atlanta-based CDC’s Director, Rochelle Walensky, said in a statement about the boosters last week that the new bivalent shots are “formulated to better protect against the most recently circulating COVID-19 variant.”
“They can help restore protection that has waned since previous vaccination and were designed to provide broader protection against newer variants,” she said.
During the briefing, Walensky urged people to get the booster shot, noting that 375 people on average are dying daily from COVID-19 within the U.S.
That number, she said, is “well above the around 200 deaths a day we saw earlier this spring, and in my mind, far too high for a vaccine-preventable disease.”
Despite a lack of new funding from Congress to address COVID-19 domestically and abroad, Biden administration officials stressed that there are enough doses for all eligible people to get a booster shot heading into the winter.
But, Jha said that only happened after officials pulled money from other public health priorities to secure the vaccine doses. He also said it is “critical” U.S. lawmakers provide the White House with the $22.4 billion officials believe is needed to continue responding to COVID-19.
“Congress is aware that if we do not continue to fund the response, things can easily go backwards,” he said.
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COLORADO SPRINGS, Colo., May 20, 2022 /PRNewswire/ -- Century Casinos, Inc. (the "Company") (Nasdaq Capital Market®: CNTY) announced today that the Company will attend the B. Riley 22nd Annual Institutional Investor Conference in Beverly Hills, California, USA, on May 26, 2022.
Peter Hoetzinger, President & Co CEO, will present the Company and hold one-on-one meetings with selected institutional investors.
The current Company presentation will be available at the company's website under https://www.cnty.com/investor/presentations/ on May 26, 2022.
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, Century Resorts Management GmbH, 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 Smooth Bourbon, LLC, which owns the real estate on which the Nugget Casino Resort (the "Nugget") is located in Sparks, Nevada. The Company has an agreement to purchase 100% of the membership interests related to the Nugget. 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.
This release may contain certain "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. Forward-looking statements may be identified by words such as "expect," "anticipate," "believe," "intend," "estimate," "plan," "target," "goal," or similar expressions, or future or conditional verbs such as "will," "may," "might," "should," "would," "could," or similar variations. 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 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 forward-looking statements include, among others, risks described in the section entitled "Risk Factors" under Item 1A in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, and in subsequent periodic and current SEC filings the Company 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.
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SOURCE Century Casinos, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/20/century-casinos-present-b-riley-conference/ | 2022-05-20T12:48:22Z |
Mercury Insurance's 'My First Car' takes an intimate look at music artists' first rides
Train Headlines Show at the FivePoint Amphitheatre in Irvine, CA Friday (7/29)
LOS ANGELES, July 20, 2022 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) and Live Nation have partnered up again to help connect music fans with the artists they love through the creation of Mercury's "My First Car" series, which provides an inside look at artists' fond memories and firsts behind the wheel.
"Most fans dream of learning more about their favorite artists," said Erik Thompson, Vice President and Chief Marketing Officer at Mercury Insurance. "We built the 'My First Car' series with that dream in mind. There are so many memories and experiences associated with owning your first car and having that first sense of freedom. These are the memories we wanted to share with audiences everywhere, and we thought the best way to do this would be to ask artists about their first car experiences."
Train is among several artists participating in the My First Car series.
"I think my first vehicle was a 1978 Chevrolet Chevette," said Pat Monahan, lead singer of Train. "It was my mom's car and she let me drive it. It was pretty sweet! My finest memory of that Chevette was that I was allowed to do it all by myself. I was a 16 year old kid and being able to drive around and pick up [my] friends in Erie, Pennsylvania was a pretty big deal. I can't say I loved anything most about the actual vehicle, [but] the freedom of the vehicle was what I loved most."
For access to Mercury Insurance's 2022 concert series, visit https://www.mercuryinsurance.com/music/.
Watch the Train My First Car video now, at https://www.mercuryinsurance.com/myfirstcar/
See Train's headlining tour live at FivePoint Amphitheatre in Irvine, California Friday July 29, 2022. Other artists performing include Thunderstorm Artis, rock band Blues Traveler, and fellow Mercury concert series artist Jewel. Learn more about the show and buy tickets at Livenation.com
Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier predominantly offering personal auto, homeowners, renters and commercial insurance through a network of independent agents in Arizona, California, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as auto insurance in Florida. Mercury writes other lines of insurance in various states, including business owners and business auto, landlord, home-sharing, ride-hailing and mechanical protection insurance.
Since 1962, Mercury has provided customers with tremendous value for their insurance dollar by pairing ultracompetitive rates with excellent customer service. Mercury has earned A ratings from A.M. Best and Fitch, as well as ranking highest in the J.D. Power 2021 U.S. Insurance Digital Experience StudySM and four consecutive "Best Auto Insurance Company" awards from Insure.com. For more information visit www.MercuryInsurance.com or follow the company on Twitter or Facebook.
Train is an American rock band from San Francisco which was formed in 1993. As of 2022 the band consists of Pat Monahan, Taylor Locke, Hector Maldonado, Jerry Becker, Matt Musty, Sakai Smith, and Nikita Houston. The band achieved mainstream success with their debut album, Train. The album was released in 1998 with the hit "Meet Virginia". Train's 2001 album, Drops of Jupiter, contained the lead single "Drops of Jupiter (Tell Me)". The single won two Grammy Awards in 2002, and the album was certified double platinum. In late 2009, Train released the album, Save Me, San Francisco, that produced three singles—the RIAA six time platinum-certified international hit "Hey, Soul Sister", "If It's Love" and "Marry Me". The album was certified gold by both the RIAA and ARIA. For more information about Train, visit https://savemesanfrancisco.com/.
Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. For additional information, visit www.livenationentertainment.com.
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SOURCE Mercury Insurance | https://www.mysuncoast.com/prnewswire/2022/07/20/members-train-share-first-car-memories/ | 2022-07-20T18:23:54Z |
Professional financial adviser urges workers to protect their earning power
ATLANTA, May 25, 2022 /PRNewswire/ -- Losing the ability to work is one of the greatest risks to financial stability of adults who support themselves, says certified public accountant Rebecca Pavese.
Pavese, a senior client service manager for Palisades Hudson Financial Group LLC, warns that even robust emergency funds typically only cover three to six months of expenses. This may not provide enough of a cushion to recover from a serious illness or injury, even if you eventually recover. For formerly working adults who become permanently disabled or chronically ill, losing earning power can be a serious blow to their financial future.
In an article from Palisades Hudson's newsletter (available online at https://www.palisadeshudson.com/2021/02/insuring-your-own-earning-power/), Pavese observes that medical insurance can help individuals cover the costs of hospital stays and outpatient treatment, but it does not replace income. This means that sole or primary earners may struggle to cover rent, utilities and other essentials – unless they carry disability insurance.
"Without disability insurance, the expenses of daily living can eat through any savings cushion you've set aside," Pavese writes. "You may have to take on burdensome credit card debt if you run out of savings, or the financial burden may fall on your family or friends. Disability coverage can remove this prospective stress."
Pavese advises first checking to see if your employer offers disability insurance. Next, check with organizations you participate in, such as medical or legal associations. If you can't access coverage this way or these options don't provide the coverage you need, you may end up shopping for individual long-term disability coverage.
"Disability prices are fixed by law, so be aware that working through an independent broker will not cost more than buying a policy directly from an insurer," Pavese notes.
Rebecca Pavese has served as a client service manager for more than 15 years, and has been part of the Palisades Hudson team for more than 20. While she is based in the firm's Atlanta office, she serves clients nationwide. A recognized expert on tax and other financial topics, Pavese has been quoted by leading publications including The Wall Street Journal and The New York Times. She also contributed chapters to Palisades Hudson's books "The High Achiever's Guide to Wealth" and "Looking Ahead: Life, Family, Wealth and Business After 55" (both available on Amazon).
Contact: Amy Laburda, amy@palisadeshudson.com
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SOURCE Palisades Hudson Financial Group LLC | https://www.mysuncoast.com/prnewswire/2022/05/25/dont-overlook-disability-insurance/ | 2022-05-25T20:39:46Z |
LONDON and HINGHAM, Mass. and WASHINGTON, Aug. 1, 2022 /PRNewswire/ -- OPEN Health, a global provider of scientific communications and market access services, announced that it signed a binding agreement to acquire The CM Group, a leading US domestic medical communications platform from NaviMed Capital ("NaviMed"). The partnership between OPEN Health and The CM Group expands the platform's global reach and portfolio of best-in-class scientific solutions for the pharma and biotech industry.
Daniel Leonard, CEO of The CM Group, said, "We are thrilled to join OPEN Health and continue the journey of being a strategic partner to pharma and biotech customers. With new colleagues and capabilities to utilize, we now have the ingredients to offer an even better suite of integrated solutions to our clients." In addition, he commented, "I would like to thank NaviMed Capital for their partnership in helping The CM Group develop and execute its vision to strengthen its core competencies while expanding into new services and technologies."
NaviMed's Dr. Bijan Salehizadeh, Co-Founder and Managing Director, and Ryan Ross, Principal, commented, "Our journey with The CM Group began with a strong foundation, which enabled acquisitions and expansions that further entrenched its market position across US scientific communications. We believe that OPEN Health is an ideal partner to lead the company's next growth phase as a global scientific leader, and we are excited about the company's bright future."
"The CM Group provides us with a significant scientific communication offering within the US domestic marketplace. Our clients are global and need providers who understand not only the increasing complexity of the science, but also the ever-changing global and local landscapes," said OPEN Health CEO, Rob Barker.
The terms of the transaction were not disclosed. The transaction is subject to customary regulatory approvals.
OPEN Health brings together deep scientific knowledge, global understanding, and broad specialist expertise to support our clients in improving health outcomes and patient wellbeing. We are united as one flexible organization, harnessing the power of the collective to solve complex challenges. For more information on OPEN Health, please visit www.openhealthgroup.com.
Grounded in science—and powered by the patient voice—The CM Group is an integrated healthcare agency of innovative and imaginative subject-matter experts dedicated to providing scientific and commercialization strategies and services to the life sciences industry. For more information on the CM Group please visit www.thecmgroup.com.
NaviMed is a Washington, D.C.-based private capital firm with over $400 million of assets under management, focused exclusively on the healthcare industry. NaviMed invests in fast-growing lower-middle market healthcare businesses that NaviMed believes are poised to benefit from the reform and technology innovation reshaping the healthcare industry. The firm focuses on healthcare services, healthcare IT, hospital products and pharmaceutical services businesses.
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SOURCE OPEN Health | https://www.mysuncoast.com/prnewswire/2022/08/01/open-health-acquire-leading-us-medical-communications-platform-cm-group-navimed-capital/ | 2022-08-01T09:20:08Z |
Projects represent Borrego's largest energy storage portfolio built for one customer
SAN DIEGO, June 16, 2022 /PRNewswire/ -- Borrego, a leading EPC and O&M provider for large-scale renewable energy projects throughout the United States, has completed construction on 15 solar-plus-energy storage projects in Massachusetts and New York for AES Corporation, a Fortune 500 global energy company. The solar installed across the projects totals 96 megawatts (MW) while the storage portion totals 50 MW/169 megawatt-hours (MWh), representing Borrego's largest storage portfolio built for one customer to date.
The solar-plus-storage systems range in size from 1.6 MW to 12 MW (solar) and 910 KW/1.7 MWh to 9 MW/17 MWh (storage). When fully interconnected, the portfolio will collectively generate enough clean electricity annually to power roughly 10,885 homes and offset 82,659 metric tons of climate-warming carbon dioxide emissions.
The projects are among Borrego's first DC-coupled solar-plus-storage installations. The DC-coupling technology enables the solar arrays to generate up to 30% additional annual energy output for the same interconnection cost as they would have without storage.
These projects benefit the asset owner by taking full advantage of renewable energy state incentives, the utility by storing co-located solar system energy and community energy users as most projects are community solar. They also represent a variety of use cases, such as minimizing system peak demand through the Solar Massachusetts Renewable Target (SMART) program, maximizing the time-value of the plant's energy production under the NY Value of Distributed Energy Resource (VDER) tariff, and enabling wholesale market participation.
"Being an early adopter of energy storage and solar-plus-storage technologies has not been without its challenges, but the completion of the AES portfolio has made it all worthwhile," said John duPont, vice president of solutions at Borrego. "We collaborated with our product partners for years to develop and test the DC-coupled system hardware and energy management system controls that will enable these plants to deliver more solar generation per facility than was previously possible in this market."
Borrego, a leading EPC and O&M provider, accelerates the delivery and maintenance of large commercial, community solar, and utility-scale solar and energy storage projects in the US. Borrego offers a broad range of renewable energy services and has a track record of superior performance in the hundreds of large solar and energy storage projects it has designed, built, and maintains throughout the U.S. Established in 1980, it has regional offices in California, Massachusetts, and New York with a nationwide footprint. Borrego creates value by helping partners make better decisions at critical points in every project's life. Its team brings deep technical expertise to its mission of solving the world's energy problems. For more information, visit www.borregoenergy.com.
Media Contact
Brooke Parker, Kiterocket (for Borrego)
bparker@kiterocket.com
402-639-0884
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SOURCE Borrego Solar Systems Inc | https://www.mysuncoast.com/prnewswire/2022/06/16/borrego-completes-construction-15-solar-plus-energy-storage-systems-massachusetts-new-york/ | 2022-06-16T12:42:49Z |
ATHENS — The senior team from Burke County won first place at the Georgia 4-H State Dairy Quiz Bowl contest recently at the University of Georgia Animal Science Complex. Team members Emmaline Cunningham, Tony Gray, Abby Joyner, Susanna Murray and Holt Sapp were coached by Burke County 4-H Agent Meridith Meckel.
Dairy Quiz Bowl is a fast-paced competition that uses buzzers as contestants respond to questions related to the dairy industry.
The quiz bowl content covers all topics related to dairy production and dairy foods, as well as dairy industry statistics, breed information and dairy organizations. By participating in 4-H Dairy Quiz Bowl, 4-Hers learn greater confidence, independence and compassion.
According to Georgia’s Department of Agriculture, animal agriculture is the largest sector of the agriculture industry and contributes more than $5.8 billion to the state economy. University of Georgia animal and dairy science faculty and industry experts contribute to the curriculum used to train 4-Hers and help connect youth with pertinent applications of the skills they learn.
Heather Shultz, Georgia 4-H UGA Cooperative Extension specialist for livestock programs, said she is grateful for the partnership with UGA.
“We would like to extend sincere thanks to Dr. Jillian Bohlen, University of Georgia dairy specialist, and the numerous UGA animal and dairy science staff and volunteers that helped facilitate the contest,” Shultz said. “In addition to the fun they have at Dairy Quiz Bowl, students gain critical thinking skills and knowledge of how agriculture in Georgia impacts their lives.”
Burke County 4-H will represent Georgia in November at the North American Invitational 4-H Dairy Quiz Bowl Contest in Louisville, Ky.
Three junior teams and three senior teams participated in the state contest. Junior teams are fourth- to eighth-grade 4-Hers and senior teams are ninth- through 12th-graders. The first-place junior team from Oconee County included Sawyer Mathis, Tyson Mathis, Molly Ann McLean and Bryson Woodruff.
Additional winners in the contest included the second-place senior team from Coweta County, the third-place senior team from Monroe County, the second-place junior team from Burke County, and the third-place junior team from Burke County.
For more information about how to get involved with Dairy Quiz Bowl and Georgia 4-H, visit www.georgia4h.org.
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accounts, the history behind an article. | https://www.albanyherald.com/news/burke-county-comes-in-first-in-4-h-state-dairy-quiz-bowl/article_5e19c1e0-ec38-11ec-8839-43ba49569842.html | 2022-06-21T11:28:25Z |
AUSTIN (KXAN) — Gas prices in Texas have reached a record high, according to data from AAA.
The statewide average for a gallon of regular unleaded fuel is now $4.62, up 28 cents from last week and up $1.88 compared to this day last year.
And prices are only expected to climb higher.
“With the national average almost at $5 a gallon, and the statewide average reaching a new record, drivers can expect to see higher prices for the next few weeks – if not months – as Russian oil is off the market for many countries due to its war in Ukraine,” said AAA Texas representative Daniel Armbruster.
El Paso has the most expensive gas in the state. Drivers there are paying, on average, $4.88 per gallon. That’s 34 cents more than a week ago, the biggest increase of any Texas city.
Houston has had the biggest jump in gas prices over the past year, up $1.97 from June 9, 2021, to June 9, 2022.
Meanwhile, drivers in Lubbock have the cheapest gas in the state: an average of $4.42 per gallon.
Texas has the 10th lowest gas price average in the country, according to AAA data. California has the most expensive, at an average of $6.40 per gallon, while Georgia has the lowest at $4.41 per gallon.
The national average is $4.97 per gallon. | https://cw33.com/news/texas/map-which-texas-city-has-the-most-expensive-gas/ | 2022-06-09T22:11:46Z |
Seasoned Executive Brings Expertise with High-Growth Companies as Pharma Programmatic Advertising Spending Dramatically Increases
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- DeepIntent, the leading healthcare advertising technology company built to influence better patient health and business outcomes, today announced the appointment of Amit Chaturvedi as its first Chief Operating Officer.
Chaturvedi joins DeepIntent with more than two decades of operating experience in advertising technology startups and global media companies. In his last role as Executive Vice President of Revenue Operations & Product at WarnerMedia, Chaturvedi led the company's linear and digital revenue operations functions and was accountable for unifying cross-platform revenue offerings and strategy with a particular emphasis on advanced digital solutions, including CTV and audience solutions. During his tenure, revenues grew over 10x with total revenue under management exceeding $5 billion annually. Chaturvedi also previously served as COO of Taykey, a Sequoia and Softbank-backed startup that was acquired by global connected TV (CTV) leader Innovid in 2017, with prior experiences including leadership roles at aQuantive (acquired by Microsoft), IAC/InterActiveCorp, and QualityHealth (acquired by Sharecare).
As DeepIntent's first Chief Operating Officer, Chaturvedi will be responsible for the overall business operations of DeepIntent and report directly to the company's founder and Chief Executive Officer, Chris Paquette. Chaturvedi's primary focus will be further integrating and scaling DeepIntent's sales, campaign management, client success & business development teams as the company executes on its plan to further define itself as the leading platform for digital advertising in healthcare.
"Amit's hands-on operating experience and proven track record with scaling similar-sized companies will be foundational to the next chapter of DeepIntent's growth," DeepIntent founder and CEO Chris Paquette said. "Amit is uniquely qualified to strengthen our core business operations while further evolving it into a world-class, high-performance team capable of unlocking even more value for our clients."
Earlier this year, DeepIntent announced a range of new hires and promotions to solidify its position as the leading omnichannel platform for healthcare marketing, including high-growth channels such as CTV, where platform ad spend increased by more than 25x in 2021.
"The pharma industry is at a crossroads. Healthcare marketers have long recognized the value of advertising, but most brands have historically prioritized linear television. That dynamic is changing as media consumption evolves. With the right people, unique technology, and a clear vision for the future, DeepIntent will continue to lead the shift toward programmatic in pharma," Chaturvedi said.
Chaturvedi is a graduate of New York University with business management certificates from Harvard Business School, the MIT Sloan School of Management, and the Haas School of Business at the University of California, Berkeley.
To learn more about working for DeepIntent, visit deepintent.com/careers/
DeepIntent is leading the healthcare advertising industry with data-driven solutions built for the future. Built purposefully for healthcare marketers, DeepIntent's platform is proven to drive higher audience quality and script performance. It enables marketers to plan, activate, measure, and optimize their campaigns all within a single platform. Conceived by former Memorial Sloan Kettering data scientists, DeepIntent empowers nine of the top ten pharmaceutical companies and the leading healthcare advertising agencies to improve patient outcomes through the artful use of advertising, data science, and real-world health data. For more information, visit DeepIntent.com or find us on Twitter, Facebook, or LinkedIn.
Press Contact:
Finn Partners for DeepIntent
Chris Shattuck
deepintent@finnpartners.com
678 504 6785
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SOURCE DeepIntent | https://www.mysuncoast.com/prnewswire/2022/08/08/deepintent-names-amit-chaturvedi-chief-operating-officer/ | 2022-08-08T13:17:17Z |
Leading online lender recognized as one of Fintech's 50 Best Places to Work in 2022 thanks to high employee satisfaction with company benefits and culture.
ATLANTA, June 15, 2022 /PRNewswire/ - IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today it has been listed as one of the 50 Best Places to Work in Fintech for 2022 by American Banker.
IOU's inclusion on this list was based on employee satisfaction rating, as well as appealing benefits and policies, which make it an open and welcoming workplace in the time of The Great Resignation.
"We are proud to be recognized as one of the best places to work in Fintech," said Robert Gloer, President and CEO. "We strive to offer competitive benefits and create a culture where people look forward to going to work each day, especially in the wake of all the workplace changes since COVID-19."
IOU Financial is one of the only alternative lending companies with a proprietary end-to-end technology platform (IOU360) connecting brokers, merchants, and investors in real time – and supporting dynamic and high performing teams of professionals that deliver growth capital to small businesses across the US in a matter of hours.
Companies from across the U.S. entered a two-part survey process to determine American Banker's (Arizent) Best Places to Work in Financial Technology. The survey looked at workplace policies, practices, philosophy, systems, and demographics as well as the employee experience. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process, analyzed the data, and determined the final ranking.
IOU Financial recently reported its Q1 2022 financial results, highlighting an all-time quarterly record in loan originations of US $59.6 million (representing an increase of 20.2% over Q4 2021 and an increase of 135.5% over Q1 2021), as well as results of its annual shareholders' meeting and the repurchase of approximately $0.6 million of convertible debentures.
IOU Financial Inc. is a wholesale lender that provides quick and easy access to growth capital to small businesses through a network of preferred brokers across the US and Canada. Built on its proprietary IOU360 technology platform that connects underwriters, merchants and brokers in real time, IOU Financial has become a trusted alternative to banks by originating in excess of US$1 billion in loans to fund small business growth since 2009. IOU trades on the TSX Venture Exchange under the symbol IOU (TSXV: IOU), and on the US OTC markets as IOUFF. To learn more about IOU Financial's corporate history, financial products, or to join our broker network please visit www.IOUFinancial.com.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of IOU including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. IOU does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise.
Neither 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.
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SOURCE IOU Financial Inc. | https://www.wibw.com/prnewswire/2022/06/15/iou-financial-recognized-one-50-best-places-work-fintech-2022-by-american-banker/ | 2022-06-15T19:51:00Z |
MIAMI, July 28, 2022 /PRNewswire/ -- Last week Park-Equities announced the sale of the 102-unit Hospitality Inn located in Jacksonville, FL to California based VIVO Living an industry leader in hotel-to-residential conversions. This was Park-Equities 4th hotel sold as a multi-family opportunity with other closed deals located in cities across the country such as Austin, TX and Kansas City.
"Hotel conversions are something I pivoted my focus to as I see the affordable housing crisis continue to grow in the United States. VIVO Living is paving the way in this newly born niche of CRE and understands the complexities that come with these deals. They were a pleasure to work with from start to finish and I look forward to sourcing them more conversion opportunities." Grant said.
The property was an ideal conversion given the low per-unit basis, extended-stay build, and garden style lay-out. Buyer asked to keep purchase price confidential.
Park-Equities is a full-service real estate investment advisory firm with focus on the hospitality and multi-family markets. The firm is a subsidiary of Park Brokerage Inc. which has over 20 years of commercial brokerage experience. Together they have completed transactions in volume of over 1B.
press@park-equities.com
Kelsi Fogel
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SOURCE Park-Equities | https://www.wibw.com/prnewswire/2022/07/28/taylor-grant-park-equities-completes-sale-hospitality-inn-jax-apartments-after-successful-rezone-multi-family-4th-hotel-apartment-conversion-since-2021/ | 2022-07-28T17:38:34Z |
SAN ANTONIO, July 18, 2022 /PRNewswire/ -- GoLive! is the first-of-its-kind conference organized by international, award-winning bellydancer Karen Barbee in partnership with Michael Ibrahim, founder, and conductor of the National Arab Orchestra. The conference is from October 7 - 9, 2022, at the University of Texas San Antonio Downtown Campus.
The unique Arab music and dance conference hosts world-renowned creatives, dancers, instructors, and musicians. The three-day event includes classes, workshops, panel discussions, and three dynamic live concerts open to the public. The weekend highlights "improvisation" as a primary characteristic of Arab music and a fundamental root of Arab dance, with concerts ranging from Classical Arab selections to Spanish-influenced Western Fusion dance in three show-stopping performances.
"The potential impact of GoLive! in San Antonio goes beyond the dance community. Given San Antonio's cultural diversity, I believe hosting a conference featuring live Arab music and dance will be received enthusiastically. Flying twenty-five award-winning Arab musicians from around the United States to work and perform with dancers is extremely rare. I am creating an opportunity for our community to encounter a rich tradition that is not well represented in the larger cultural landscape in the United States! It is a celebration of Arab culture that will inspire and educate. I am beyond proud to be making this happen in my city," said Barbee.
Early Registration is now open at $345 for the entire conference. A la carte classes and concert options will be available in August. (http://karavanstudio.com)
Karen Barbee founded Karavan Studio in 1988 and has operated the studio in San Antonio, Texas. She directed, studied, and performed Middle Eastern Dance in Egypt, Lebanon, Europe, Asia, and Central and South America. She collaborates with some of the most highly acclaimed musicians in the business to provide inspired and comprehensive dance training to students at every level. Karen developed a teaching methodology for belly dancing based on technical precision, soulful innovation, and cultural respect.
A pioneer in online Middle Eastern dance instruction, Karen introduced and populated a library of online instruction simulating her established studio, offering classes in dance technique, combinations, choreographies, improvisation, and music studies.
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SOURCE Karavan Studios | https://www.mysuncoast.com/prnewswire/2022/07/18/texas-native-award-winning-belly-dancer-launches-first-live-arab-music-dance-conference/ | 2022-07-18T13:15:16Z |
TPD stops 126 adults during 2022 Click it or Ticket for not buckling up
Published: Jun. 7, 2022 at 3:46 PM CDT|Updated: 47 minutes ago
TOPEKA, Kan. (WIBW) - During the 2022 Click it or Ticket campaign, the Topeka Police Department stopped 126 adult drivers for not buckling up.
After officers took part in the 2022 Click it or Ticket campaign between May 22 and June 4, the Topeka Police Department says it has tallied up the numbers and 126 people were pulled over for adult seatbelt violations.
TPD said this reminds drivers and passengers of the importance of buckling up - as well as the legal consequences, which include fines, for not wearing a seatbelt.
TPD said officers’ results from the campaign are as follows:
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/07/tpd-stops-126-adults-during-2022-click-it-or-ticket-not-buckling-up/ | 2022-06-07T21:35:23Z |
More Memorial Day travel expected, despite high gas prices
By STEFANIE DAZIO, CHRISTOPHER WEBER and TERRY TANG
Associated Press
LOS ANGELES (AP) — Pandemic-weary U.S. residents are confronting high gas prices as they decide whether to travel this Memorial Day weekend. AAA says the average gas price in the U.S. on Thursday was $4.60 per gallon. In California, it topped $6. But for some, more than two years of pandemic life has them hitting the road or taking to the skies despite a recent surge in cases. AAA estimates that more than 39 million people in the U.S. will travel 50 miles or more from home during the holiday weekend. A record number of almost 90% of those travelers are expected to go by car over the long weekend. | https://localnews8.com/news/ap-national-business/2022/05/26/more-memorial-day-travel-expected-despite-high-gas-prices-2/ | 2022-05-26T19:00:47Z |
Former Chief Executive Officer, President, and Director of Invitation Homes Inc. to Provide Guidance as AvantStay Continues Accelerated Growth
LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- AvantStay, the premier hospitality platform transforming short-term rentals for the way people travel and invest today, announces that Fred Tuomi, former CEO of Invitation Homes Inc. and a preeminent investor, board member, and leader in the real estate industry, has joined its board. Tuomi will work with AvantStay to provide leadership and capital market guidance to help the company bring institutional capital to short-term rentals (STRs) as the next disruptive asset class.
"Fred's breadth of experience and impact on real estate & PropTech over the last 15 years has been foundational to our industry," says Sean Breuner, CEO and Founder of AvantStay. "His leadership in the institutionalization of SFRs as a true asset class, leading the merger of Invitation Homes and Starwood Waypoint Homes, and direct involvement in multiple businesses that are spearheading the digital transformation of our industry has driven meaningful change in the real estate industry. We are proud that Fred has recognized the value of AvantStay's business model, and his appointment to our board signals the strong future of the short-term rental market."
Tuomi served as Chief Executive Officer, President, and Director of Invitation Homes Inc, the nation's largest single-family rental company with a total market capitalization in excess of $23 billion, from 2017 until 2019. Prior to its merger with Invitation Homes, Tuomi served as Chief Executive Officer and Director of Starwood Waypoint Homes. He also served as Co-President and Chief Operating Officer of Colony American Homes, Inc. and as Executive Vice President and President—Property Management for Equity Residential, one of the nation's largest multi-family REIT, leading the growth of its property management group while helping to pioneer its leading operational platform.
"I firmly believe STRs are the next market for institutional investment and growth in the real estate sector," said Tuomi. "I have looked at a number of players in this space and I'm impressed by AvantStay's focus on building the leading hospitality brand in the industry with a true commitment to the consumer. Its proprietary end-to-end technology platform underlying the entire business enables the company to scale a fragmented industry nationally. As the first STR company to raise institutional capital for the asset class, AvantStay is poised to transform how both investors and consumers think about STRs."
Throughout his career, Tuomi has lent his expertise to numerous real estate industry boards and executive committees, serving on National Rental Home Council, National Multi-Housing Council, California Housing Council, California Apartment Association, Atlanta Apartment Association, the USC Lusk Center for Real Estate, and the Audit and Compensation Committees of Tejon Ranch Co.
Tuomi currently serves as a Venture Partner with Real Estate Technology Ventures, and as the Lead Independent Director of SmartRent, the Non-Executive Chairman of Volumetric Building Company, a modular construction firm serving the multi-family and lodging sectors and as a Director for Lessen, a technology enabled property services provider. Mr. Tuomi also serves as an affiliate partner for the private equity firm Lindsay Goldberg as an advisor to Second Avenue, an integrated SFR platform. He also serves as board member for Cure Violence Global, which is dedicated to reducing violence through innovative intervention programs and rated 9th in the world among non-government organizations.
For more information on AvantStay, please visit: www.avantstay.com.
AvantStay is the premier next generation hospitality platform redefining the way in which people travel, transact, and invest. AvantStay delivers a highly curated experience customized to guests' needs, using a proprietary tech platform to power bookings, seamlessly operationalize in-field and remote management, and activate authentic and elevated consumer touch points. AvantStay currently operates in over 100 cities, with a drive-to market approach, including 1,500+ premier properties across their diversified portfolio, and an AUM of more than $2B. In 2019, AvantStay became one of the initial twelve partners of Homes & Villas by Marriott International, and currently offers distribution on more than 60 OTAs. AvantStay was founded by experienced real estate and technology entrepreneurs Sean Breuner and Reuben Doetsch.
Contact: AvantStay@quinn.pr
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SOURCE AvantStay | https://www.wibw.com/prnewswire/2022/08/16/sfr-industry-veteran-fred-tuomi-joins-avantstays-board/ | 2022-08-16T17:49:19Z |
Attorney Aaron Osten and Attorney Alan Van Gelder of Greene Broillet & Wheeler in Los Angeles, California, have secured a $12.2 million jury verdict for a client who suffered a traumatic brain injury after slipping and falling in her office.
LOS ANGELES, April 28, 2022 /PRNewswire/ -- A Los Angeles jury awarded a $12.2 million judgment on Thursday to a young woman who suffered a traumatic brain injury after a slip and fall incident in her office building. The plaintiff, 38-year-old Jessica Vu, worked as a counselor for children with autism in an office building in Hermosa Beach. On August 29th, 2016, Vu was working late studying for her licensing credential exam at the office. That evening, the defendants, a carpet cleaning crew working for DFS Flooring Inc., hired by the defendant building owners, 2447 PCH LLC, and property managers, Mar Ventures Inc., arrived and cleaned the common area hallways.
Vu and two co-workers eventually needed to clear out their offices for the carpet cleaning. During the 3-week trial, the plaintiff's legal team argued that the defendants improperly cleaned the carpet and failed to warn Vu about the wet carpet. "They cleaned the carpet and just left it behind; wet, no warning signs, no-slip mats, and just ignored the basic precautions causing a catastrophic injury to our client who was simply trying to go home," said trial attorney Aaron Osten.
While exiting the building, Vu walked across the wet carpet, opened the door to the stairwell, and walked across an epoxy landing. The epoxy landing had been recently installed and did not have adequate grip-and-slip resistance. According to the complaint, the wetness on Vu's shoes caused her to slip and fall down a flight of stairs hitting her head on the concrete steps.
Vu drove herself home after the fall and went to urgent care the next day, where doctors diagnosed her with a head injury. 48 hours later, she began to suffer headaches and cognitive issues. Within several weeks, Vu's mental and cognitive abilities had declined, forcing her to resign from a career she loved and move back to her hometown in Florida. Six years after her slip and fall, Vu continues to suffer from memory problems, issues with executive function, difficulty multitasking, fatigue, headaches, dizziness, and nausea. She also has emotional problems and anxiety arising from her brain injury.
"We are enormously grateful that the jury recognized the insidious nature of a lifelong traumatic brain injury and our client's need for compensation," said lead trial attorney Alan Van Gelder. "There's more public awareness now about head injuries, which are often difficult to see until you understand the science and how it has affected the individual," added Van Gelder.
The jury found the defendants 100-percent liable for Vu's injury and awarded her for future medical treatment, future and past loss of earnings, and past and future non-economic damages. The plaintiff's legal team included partners Alan Van Gelder, Aaron Osten, and attorney Jenna Edzant with Greene Broillet & Wheeler, LLP.
The Los Angeles law firm has recovered billions of dollars for clients in California and nationwide. Its team of attorneys litigates complex personal injury cases—such as cases involving motor vehicle accidents, insurance bad faith, sexual abuse, catastrophic injuries, and more—exclusively working on the plaintiffs' side.
To learn more about the premier firm and its award-winning trial lawyers, inquiring parties should visit https://www.gbw.law.
Greene Broillet & Wheeler, LLP
Jessica Hogan, JHogan@gbw.law 866-634-4525
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SOURCE Greene Broillet & Wheeler, LLP | https://www.mysuncoast.com/prnewswire/2022/04/28/greene-broillet-amp-wheeler-attorneys-achieve-122-million-verdict-workplace-slip-amp-fall-trial/ | 2022-04-28T21:14:54Z |
COLUMBUS, Ohio (WCMH) — Dublin, Ohio-based Wendy’s is adding a new strawberry-flavored Frosty to its menu for a limited time this summer.
The fast-food giant explains the move is to compliment the return of its Summer Strawberry Chicken Salad, in a release. But seriously, for Frosty fans, the announcement is all about the sweet creamy frozen treat that’s being described as “bursting” with flavor.
Carl Loredo, Chief Marketing Officer for The Wendy’s Company commented on how the new menu item came about in the company’s customary tone that doesn’t hold back the jabs at its competitors.
“We’re always listening to our fans and as the most-requested item, it was a no-brainer for us to bring the Strawberry Frosty to the menu this season,” said Loredo. “While some of our competitors are still trying to get their ice cream machines to work, fans can dip into this new strawberry treat all summer long at Wendy’s.”
Vanilla Frosty devotees might want to note that hidden in the subtext of Wendy’s announcement is the fact that the secondary flavor introduced in 2006, will be on hiatus to make room for the fruity newcomer. The company notes that strawberry is “Joining the Chocolate Frosty for a limited time.”
A recent Wendy’s tweet with a picture of the Strawberry Frosty and the simple caption “Hey.” has had a passionate response on the social media platform with comments like “Get inside of me now.” and “This is about to be life changing” in response to the post.
For anyone who happens to be still interested in the salad, Wendy’s writes that “this entrée boasts sun-ripened, freshly sliced strawberries, crisp Applewood smoked bacon and juicy grilled chicken atop a bed of crispy lettuce and spring mix, and is topped off with an Italian cheese blend, candied almonds and a sweet Champagne vinaigrette.” | https://cw33.com/lifestyle/food-and-drink/wendys-strawberry-frosty-pushes-out-vanilla-for-the-summer/ | 2022-06-07T15:42:06Z |
Tennis ace joins roster of celebs and prominent investors in HALO on their mission to inspire the world to hydrate better.
NEW YORK, June 28, 2022 /PRNewswire/ -- HALO Hydration is pleased to welcome Ashlyn Krueger to the team. Ashlyn is well on her way to the upper echelons of the WTA Tour while transitioning from a successful junior career winning back-to-back Orange Bowl Championships. In the summer of 2021, Ashlyn won the USTA Junior National Championship in singles and doubles awarding her with a wild card into her first Main Draw appearance in the 2021 US Open Women's singles & doubles draw. Since then, Ashlyn has fully transitioned onto the WTA Tour competing in WTA 500 & 1000 level events in Indian Wells, San Jose, and Miami. In the start of 2022, Ashlyn took home her first doubles title at the Arcadia 60K to then carry the momentum into her next tournament to qualify into the main draw of the BNP Paribas Open.
"I am beyond delighted to join Team HALO. I use their hydration products multiple times a day to perform at my best. I'm very excited to be part of the team as I greatly believe in their products and mission. It will be great being on the ground level as HALO takes off globally," said Krueger.
Launched in 2021, HALO's hydration powders have rapidly expanded across the US and EU. Unique in the category, HALO offers a proprietary blend of electrolytes, vitamins, and minerals to keep you optimally hydrated, without the sugar or other artificial ingredients prevalent in other brands. With only 1g of organic, natural cane sugar and 15 calories per stick, tons of Vitamin C, and crisp, refreshing flavors, HALO is ideal as part of your daily hydration and wellness ritual.
Speaking of the partnership, serial entrepreneur, CEO and Founder Anshuman Vohra, said "As an avid tennis player myself, it is a huge honor to welcome Ashlyn to the team. She represents the next generation of tennis, just as we represent the next generation of hydration. Her commitment to her craft and her passion for hydrating with HALO – and performing better as a result – makes it easy for HALO to support Ashlyn's impending meteoric rise."
HALO is available in the US at select Walmart stores, Walmart.com, HALOHydration.com and Amazon. The brand is also available in the UK and parts of Europe for online sale.
HALO Hydration is focused on next generation hydration, including better ingredients, lower sugar (only 1g), a focus on sustainability, and most importantly, creating products that allow people to live better and perform better via HALO's cutting-edge proprietary hydration blend of essential electrolytes, vitamins,
and minerals. HALO was founded by CPG industry experts and veterans and is backed by an elite roster of global athletes and celebrities alike, including tennis player Andy Murray, global soccer star Emerson Palmieri, hip hop mogul Pitbull, and tennis coaching legend Patrick Mouratoglou (Serena William's coach), among others.
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SOURCE HALO Lifestyle | https://www.wibw.com/prnewswire/2022/06/28/halo-hydration-welcomes-tennis-phenom-ashlyn-krueger-team-halos-impressive-roster/ | 2022-06-28T19:03:47Z |
DETROIT, May 6, 2022 /PRNewswire/ -- Opus IVS™, a global diagnostic scanning, ADAS calibration, programming and on-demand remote expert support leader, announced today that Driven Brands®, the largest automotive services company in North America, has approved Opus IVS and it's DriveSafe™ and ScanSafe™ diagnostic devices for use within its franchised and company-owned collision repair shops.
Driven Brands worked with Opus IVS to create an efficient workflow process for DriveSafe™, allowing shops the opportunity to improve cycle time while performing OEM or aftermarket pre-, in-process and post-scans, flash programming and ADAS calibrations – all fully integrated with CCC ONE® software and data.
"Opus IVS is proud to be selected as a co-preferred vendor for Driven Brands, and we are looking forward to serving their collision repair brands," said Brian Herron, President of OPUS IVS. He indicated, "Our team has provided OEM-endorsed solutions to dealerships and independent repairers for over a decade. We provide collision repair facilities with the capability for aftermarket quick-scanning, OEM-endorsed scanning, programming and ADAS calibrations backed by live diagnostic support to complete a quality repair – all coupled with the ability to easily document the results." Herron added, "We are excited that Driven Brands chose to work with Opus IVS to bring innovative solutions to their collision repair brands to support the future of diagnosing, calibrating and programming advanced vehicles."
For DriveSafe, the Opus IVS team has developed a patent pending decision tree and shop profile within the new IVSWizard 2.0 Guided Workflow to recommend scan type based on the vehicle model year, ADAS capabilities, restraint deployments and shop OEM certifications.
DriveSafe also features the patent pending IVSMAP™, a database of ADAS technology and repair information. It produces the IVSMAP Scan Blueprint, which includes an equipment list based on model year, possible ADAS modules and Opus IVS technical recommendations. If ADAS equipment is present, IVSMAP produces the new ADAS Checklist to identify ADAS systems that could be on the vehicle, calibration type, target requirements and status (not done/complete). The user checks off that system calibrations have been completed or orders them from Opus IVS. The post-scan confirms that the ADAS Checklist is completed. DriveSafe™ customers may access IVSRAP™ for ADAS Calibration Checks and Remote Assisted Programming, including full module flash programming and all other electronic configurations.
Herron stated, "Our DriveSafe tool is an ideal device for these collision repair facilities. On top of our current offering of a fast Aftermarket scan, OE scanning and remote diagnostic and programming support, we added IVSWizard 2.0, IVSMAP™ and ADAS Checklist – and deliver it all to collision shops for use on a single screen.
Opus IVS is pioneering the future of safe, complex vehicle repair. The company is an industry leader in in-vehicle communication hardware and remote programming and diagnostic services. It provides a dedicated support team to the collision sector, which includes scanning, ECU programming/coding, ADAS calibration and brand-specific technical support.
Opus IVS will exceed 3M collision scans in 2022. Its industry-leading DriveSafe™ tool helps collision shops reduce subletting and improve cycle time while performing Aftermarket pre-, in-process and post-scans, OE scanning, flash programming and ADAS calibrations. DriveSafe™, now with IVSWizard™ 2.0, IVSMAP™ and ADAS Checklist, is one easy-to-use collision solution that does it all.
About Driven Brands
Driven Brands™, headquartered in Charlotte, NC, is the largest automotive services company in North America, providing a range of consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash. Driven Brands is the parent company of some of North America's leading automotive service businesses including Take 5 Oil Change®, Meineke Car Care Centers®, Maaco®, 1-800-Radiator & A/C®, and CARSTAR®. Driven Brands has more than 4,500 locations across 15 countries, and services over 50 million vehicles annually. Driven Brands' network generates more than $1.6 billion in revenue from more than $4.7 billion in system-wide sales.
About Opus IVS
Opus IVS is the Intelligent Vehicle Support division of Opus Group, formed through the merging of industry-leading companies DrewTech, Autologic, Farsight, BlueLink and AutoEnginuity to develop innovative automotive solutions for more than 50,000 repair shops and dealerships worldwide, giving them the confidence to get the most complex vehicles back on the road safely and fast. Opus IVS develops industry-leading OEM endorsed diagnostic technology with over 60 patents pending related to remote flash programming, pre- and post-repair scanning, remote technical support, ADAS calibrations and vehicle network technology. The Opus IVS remote technical support connects the shop with 100+ brand-specific Master Technicians to help interpret trouble codes, review OEM service procedures and provide diagnostic assistance directly through the tool. Opus IVS is a division of Opus Group, which has over 2,600 employees, 34 offices globally and connects to 30M vehicles per year for OBD testing.
To learn more about DriveSafe™, visit:
www.opusivs.com/products/collision-solutions/drivesafe
collision@opusivs.com
844-678-7487
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SOURCE Opus IVS | https://www.kxii.com/prnewswire/2022/05/06/opus-ivs-driven-brands-launch-nationwide-diagnostic-partnership/ | 2022-05-06T14:36:34Z |
SAN JUAN, Puerto Rico, Aug. 25, 2022 /PRNewswire/ -- Golfers covet destinations where wonderful weather, an array of lodging, restaurants, and other activities beckon. Puerto Rico checks those boxes and provides traveling golfers with the things they prefer.
The tropical climate, beaches, island vibe, and ocean and mountain views from golf courses await. Restaurants, casinos, culture, history, welcoming people, and natural wonders complement the award-winning playing options.
The golf destination is rising as one of the world's best, via 18 courses and numerous resorts on the Island, and through the game's top organizations choosing Puerto Rico to stage high-profile championships.
The PGA TOUR, United States Golf Association, R&A, and Augusta National all hold an event in Puerto Rico, have recently hosted one, or have one upcoming. The Latin America Amateur Championship will be held in the island for the first time in January 2023 – a joint effort by the USGA, R&A and Augusta National, with the winner earning a berth into the 2023 Masters and 2023 Open Championship.
Requiring no passport from American citizens, offering dozens of direct flights daily into San Juan's airport (SJU), and a bilingual culture that uses U.S. currency are some reasons why the island is recognized among travelers as a preferred destination.
Several of the island's courses are top rated. They offer an array of different price points, terrain features, and designs from some of the game's greats. These include Greg Norman, Robert Trent Jones Sr., Chi Chi Rodriguez, Tom Fazio, Tom Kite, Rees Jones, and Gary Player.
El Yunque is a spectacular rain forest that can be seen from several Puerto Rico golf courses, including at Hyatt Regency Grand Reserve's Championship Course (where the PGA Tour's Puerto Rico Open is played annually, likewise from the Ocean and River courses at Wyndham Grand Rio Mar Golf & Beach Resort. Remarkable ocean views await at Royal Isabela and Punta Borinquen, both perched atop seaside cliffs on the Island's Northwest Coast. Near San Juan, Ponce, and Humacao, the courses in Dorado Beach, Bahia Beach, Costa Caribe, and Palmas Athletic Club are adjacent to the ocean, with holes parallel to the sandy beaches and turquoise surf.
Puerto Rico golf venues:
TPC Dorado Beach
Costa Caribe
Fort Buchanan
Wyndham Grand Rio Mar
Rio Bayamon
Hyatt Regency Grand Reserve
The St. Regis Bahia Beach
Caguas Real
Royal Isabela
Deportivo del Oeste
Palmas Athletic Club
Punta Borinquen
El Legado
El Conquistador
For more information: DiscoverPuertoRico.com.
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SOURCE Discover Puerto Rico | https://www.wibw.com/prnewswire/2022/08/25/discover-puerto-rico-golf-late-summer-fall-tropical-island-getaways/ | 2022-08-26T01:32:46Z |
GRAPHIC: Louisville Police release bodycam video of deadly shooting involving US Marshal
LOUISVILLE, Ky. (WAVE/Gray News) — The Louisville Metro Police Department released body camera footage from an LMPD officer that shows what happened when Omari Cryer was shot by a U.S. Marshal on May 20.
According to an arrest warrant, Cryer was being sought for many domestic violence offences, including strangulation and assault.
Officers from the U.S. Marshals Task Force, which includes LMPD officers, were trying to serve a felony warrant on Cryer when the shooting happened. Cryer was armed and ran from officers trying to serve the warrant, LMPD Chief Erika Shields revealed at a press conference after the shooting.
Shields said that Cryer was shot by an officer after being stopped by a fence. The video from the officer’s body camera, which was made public Thursday, shows that Cryer jumped over a chain-linked fence after pulling a handgun out of his shorts; officers were yelling at him to put the gun down.
Cryer can be seen holding the gun in his left hand as he jumps the fence, landing on his back behind a bush, and crouching before being shot.
Cryer is then shot by a U.S. Marshal and falls to the ground. There were no shots fired by LMPD officers.
The remaining footage shows police officers coming to his aid, questioning where on Cryer’s body he was shot, and calling for an ambulance.
“Where are you hit, buddy, where are you hit?” one officer can be heard saying as they pull up Cryer’s shirt, looking for his wounds.
“Omari, stay with us, buddy,” another officer says.
As officers tried to stop the bleeding, it was discovered that Cryer had been shot twice in the upper left shoulder.
Shields said Cryer died before EMS arrived.
WARNING: The video below contains graphic content that could be disturbing to certain audiences.
According to Cryer’s arrest warrant, he hit a sleeping female victim in the face and head on Jan 23.
The victim was also allegedly pushed against a wall as Cryer threatened to “kill” her. The document says Cryer then hit the victim in the face with a semi-automatic weapon and choked her as she began to lose consciousness, according to the warrant.
Cryer was charged with strangulation, domestic violence assault, assault, and terroristic threatening. According to court records, he was also wanted for breaking his parole in a 2019 case for the second time.
Dozens of Cryer’s family members, friends, and other community members have questioned why Cryer was shot on May 20.
Antiya Parker, Cryer’s ex-girlfriend, said on May 23 that she found out about the shooting when she got a phone call while she was asleep.
“I was shocked, because why was he shot?” Parker said. “Why did this happen?”
Parker and Cryer shared a two-year-old son, KJ.
In January, Parker said she reported Cryer to the police for allegedly stealing her car. When asked about the charges of domestic violence against Cryer and if he had ever “laid hands” on her in any way, Parker said, “Yes, he did. He did.”
LMPD provided the redacted version of Cryer’s warrants, which can be viewed below.
Copyright 2022 WAVE via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/27/graphic-louisville-police-release-bodycam-video-deadly-shooting-involving-us-marshal/ | 2022-05-27T03:50:37Z |
20% constant exchange rate revenue growth in H1: Demand for Abcam In-house Products Increases
CAMBRIDGE, England and WALTHAM, Mass., Sept. 12, 2022 /PRNewswire/ -- Abcam plc (NASDAQ: ABCM) (AIM: ABC) ('Abcam', the 'Group' or the 'Company'), a global leader in the supply of life science research tools, today announces its interim results for the six-month period ended 30 June 2022 (the 'period').
* Excludes the amortisation of the fair value of assets relating to the inventory acquired in connection with the acquisition of BioVision.
** Adjusted figures exclude systems and process improvement costs, acquisition costs, amortisation of fair value adjustments, integration and reorganisation costs, amortisation of acquisition intangibles, share-based payments and employer tax contributions thereon, and the tax effect of adjusting items. Such excluded items are described as "adjusting items." Further information on these items is shown in note 4 to the consolidated interim financial statements. Share-based payments have been included in adjusting items from the period ended 30 June 2022; the prior period has been re-presented to be in line with the current period.
*** Net (debt) / cash comprises cash and cash equivalents less borrowings.
FINANCIAL HIGHLIGHTS1
- 20% constant exchange rate ('CER') revenue growth (23% reported revenue growth), driven by in-house product sales and the inclusion of BioVision
- Adjusted gross margin increased 420 basis points aided by in-house product mix, including the accretive impact from the inclusion of BioVision
- Adjusted operating cost increases were primarily driven by higher selling, general & administrative expenses for personnel, IT expenses for our digital strategy, and the inclusion of BioVision. Adjusted operating profit margin expanded 540 bps to 23% driven by favourable product mix and operating leverage. Reported operating profit decreased by £1.0m to £9.3m (H1 2021: £10.3m)
- Adjusted diluted earnings per share were 14.0p up 97% (H1 2021: 7.1p)
- In-house new product development and sales experienced gains. Total in-house revenue (including CP&L and BioVision) now represents 67% of total revenue (H1 2021: 58%)
- The Company's net debt position is a result of the BioVision acquisition but improved as compared to 31 December 2021 (£24.1m)
STRATEGIC & OPERATIONAL HIGHLIGHTS1
- Academic and Research customers returned to their labs, although China continued to be impacted by COVID lockdowns
- Pharmaceutical customers continue their efforts to understand disease-specific biomarkers
- BioVision integration activities on track
- Consistent key performance indicators2
- Product satisfaction rates H1 2022 99.0% (H1 2021: 98.8%)
- Customer transactional Net Promoter Score ('tNPS') H1 2022 +55 (H1 2021: +58) - Ongoing digital and physical infrastructure investments including Waltham expansion, and new Singapore office
- Installation of High Throughput Cell-Engineering Platform for edited cell lines
- H1 2022 New Product Development of over 1,800 products
- Recognised as the company with most CiteAb awards
- Following a positive shareholder response, Board to seek General Meeting before the end of the year to approve the cancellation of its listing on AIM
Commenting on the performance, Alan Hirzel, Abcam's Chief Executive Officer, said:
"I am proud of our team's effort to support our global customers and the results those efforts generated in our first half of 2022. We achieved 20% constant exchange rate revenue growth, 23% reported revenue growth, driven by our multi-year dedication to increasing in-house innovation at Abcam. These investments in innovation and in our broader strategy, have sustained growth and expanded gross margin in the period. As we move into the next phase of our five-year strategic plan, we are moderating investment levels and working toward higher operating leverage and adjusted operating margin expansion. Looking ahead, we are confident in our growth trajectory and committed to delivering our CY2022 plan and CY2024 goals."
CY2022 GUIDANCE
For the full year ending December 2022, we currently estimate total revenue to increase approximately 20% CER including the impact from the acquisition of BioVision, with organic CER growth of mid-teens. We expect the contribution from the sale of higher margin in-house products and the full year effect of BioVision to contribute to a continuing increase in adjusted operating margins.
SHARE TRADING, LIQUIDITY AND LISTING
Having consulted shareholders on its proposal to cancel the admission of the Company's ordinary shares to trading on AIM, leaving it with a listing solely on NASDAQ, and having received positive responses from all consulted, in the coming weeks the Board will issue a circular to convene an extraordinary general meeting to seek shareholder approval for the cancellation of the admission of the Company's shares to trading on AIM.
The circular will contain full details of the proposal, what action shareholders will be required to take and information on the impact of those holding ordinary shares.
Analyst and investor meeting and webcast:
Abcam will host a conference call and webcast for analysts and investors today at 13:00 BST/ 08:00 EDT. For details, and to register, please visit corporate.abcam.com/investors/reports-presentations
For further details please contact FTI Consulting at abcam@fticonsulting.com
A recording of the webcast will be made available on Abcam's website, corporate.abcam.com/investors
Notes:
- Throughout this report, 'H1 2021' and 'H1 2022' refer to the six month periods ended 30 June 2021 and 30 June 2022, respectively.
- Key performance indicators are based on a rolling 12-month average.
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
For further information please contact:
This announcement shall not constitute an offer to sell or solicitation of an offer to buy any securities.
This announcement is not an offer of securities for sale in the United States, and the securities referred to herein may not be offered or sold in the United States absent registration except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1933, as amended. Any public offering of such securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer, which would contain detailed information about the company and management, as well as financial statements.
Forward Looking Statements
This announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this announcement that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation statements of targets, plans, objectives or goals for future operations, including those related to Abcam's products, product research, product development, product introductions and sales forecasts; statements containing projections of or targets for revenues, costs, income (or loss), earnings per share, capital expenditures, dividends, capital structure, net financials and other financial measures; statements regarding future economic and financial performance; statements regarding the scheduling and holding of general meetings and AGMs; statements regarding the assumptions underlying or relating to such statements; statements about Abcam's portfolio and ambitions, as well as statements that include the words "expect," "intend," "plan," "believe," "project," "forecast," "estimate," "may," "should," "anticipate" and similar statements of a future or forward-looking nature. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: a regional or global health pandemic, including the novel coronavirus ("COVID-19"), which has adversely affected elements of our business, could severely affect our business, including due to impacts on our operations and supply chains; challenges in implementing our strategies for revenue growth in light of competitive challenges; developing new products and enhancing existing products, adapting to significant technological change and responding to the introduction of new products by competitors to remain competitive; failing to successfully identify or integrate acquired businesses or assets into our operations or fully recognise the anticipated benefits of businesses or assets that we acquire; if our customers discontinue or spend less on research, development, production or other scientific endeavours; failing to successfully use, access and maintain information systems and implement new systems to handle our changing needs; cyber security risks and any failure to maintain the confidentiality, integrity and availability of our computer hardware, software and internet applications and related tools and functions; failing to successfully manage our current and potential future growth; any significant interruptions in our operations; if our products fail to satisfy applicable quality criteria, specifications and performance standards; failing to maintain our brand and reputation; our dependence upon management and highly skilled employees and our ability to attract and retain these highly skilled employees; and the important factors discussed under the caption "Risk Factors" in Abcam's prospectus pursuant to Rule 424(b) filed with the U.S. Securities and Exchange Commission ("SEC") on 22 October 2020, which is on file with the SEC and is available on the SEC website at www.sec.gov, as such factors may be updated from time to time in Abcam's other filings with the SEC. Any forward-looking statements contained in this announcement speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. Abcam disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this announcement, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.
Interim management report
Introduction
We are pleased with the steady progress of our business over the past six months despite ongoing difficulties from COVID-19 related lockdowns in China. As the pandemic continues to present isolated challenges, we have focused on meeting the needs of our customers driven by the resilience of both our employees and our business, as well as the role Abcam and its customers have in advancing critical life science research. We are convinced more than ever that by continuing to invest in our technologies, people, capabilities, and customer needs, we can extend our market leadership, sustain durable growth, and become an increasingly influential partner within our industry.
Demand for our products, and particularly Abcam's in-house developed products, increased during the period. Whilst the global pandemic situation continues to be fluid – and the risk of further outbreaks and new variants remains – we estimate that overall lab activity is now approaching pre-COVID levels in most of our markets.
Having reached the halfway point in our 2024 Vision strategy, we remain on track to achieve our guided revenues, adjusted operating profit margin, and return on capital employed. As the multi-year period of growth investments moderates, we expect to achieve operating efficiencies resulting in adjusted operating profit margin expansion consistent with the Board's expectations. We are proud of our colleagues and teams around the world who have shown audacity, agility, and dedication in the delivery of our plans – they are fundamental to the Group's future success.
Underpinning our continued progress is our balance sheet and financial position, which enables us to invest in attractive organic and inorganic growth opportunities to accelerate Abcam's strategic execution and focus on in-house innovation and products. We continue to be pleased with the integration of BioVision, a leading innovator of biochemical and cell-based assays.
Looking forward, with our expanding capabilities, financial position and market opportunities for growth, the Company is well-positioned to sustain long-term value creation.
* Revenues for Hong Kong have been reclassified from Rest of Asia to China for the period ended 30 June 2022. The value attributable to Hong Kong for the six months ended 30 June 2022 is £0.8m (30 June 2021: £0.7m). The comparatives presented for the six months ended 30 June 2021 have not been updated for this change due to immateriality.
REVENUE
Revenue of £185.2 million (H1 2021: £150.2m) represents approximately 20% CER growth over the prior period. Regionally, growth was driven in the Americas with broad customer strength. In the current period, BioVision's sales (previously reported as third-party sales) have been treated as in-house from the date of acquisition, resulting in 37% CER revenue growth. Product revenue growth continues to be driven by growth in antibodies, assays, proteins, and cell engineering sales.
GROSS MARGIN
Adjusted gross profit of £140.0 million (H1 2021: £107.2m) equates to adjusted gross margin of 75.6% (H1 2021: 71.4%). Adjusted gross margin expansion was benefitted from favourable product mix from in-house products, including the accretive impact of BioVision. Reported gross profit of £137.3 million (H1 2021: £107.2m) equates to reported gross margin of 74.1% (H1 2021: 71.4%). Adjusted gross profit differs from reported gross profit by £2.7 million impacted by the amortisation of the fair value of assets relating to the inventory acquired in connection with the acquisition of BioVision.
Adjusted operating costs of £97.4 million (H1 2021: £80.7m) represents approximately 21% growth over the prior period. Excluding BioVision, underlying growth was approximately 17% primarily driven by higher selling, general and administrative expenses reflecting increased investments in personnel as we build out our in-house supply chain & logistics, and manufacturing capabilities, as well as planned investments made during the period in our platform to support the Company's growth. On a reported basis, total reported costs were £128.0 million (H1 2021: £96.9m) increased by £31.1 million or 32% reflecting the adjusting items noted below.
ADJUSTING ITEMS
Total reported expenses include the following adjusting items:
- £2.6 million relating to the Oracle Cloud ERP project (H1 2021: £2.0m)
- £6.0 million from acquisition, integration, and reorganisation charges (H1 2021: £3.5m)
- £9.0 million relating to the amortisation of acquired intangibles (H1 2021: £4.0m)
- £13.0 million in charges for share-based payments (H1 2021: £6.7m)
Note 4 in the notes to the interim financial statements provides further detail on adjusting items and a reconciliation between reported and adjusted profit measures.
NET PROFIT
Adjusted net profit was £32.2 million (H1 2021: £16.2m) driven by revenue growth, favourable product mix enabling gross margin expansion and modest cost growth. Reported net profit was £5.8 million (H1 2021 £2.9m).
CASH
Cash of £109.6 million (period ended 31 December 2021: £95.1m) increased by £14.5 million. The reported change is driven by operating activities impacted by ongoing investments in working capital and reduced by moderating investing, and financing activities. The Company has outstanding borrowings net of fees of £119.4 million, resulting from our acquisition of BioVision, resulting in net debt of £9.8 million.
Notes:
- Custom Products & Licensing (CP&L) revenue comprises custom service revenue, revenue from the supply of IVD products and royalty and licence income.
- Sales from our acquisition of BioVision have been treated as in-house from the date of acquisition impacting comparability.
Looking forward
We are achieving good momentum across the business as market activity continues to recover. Investments we have made, and that we continue to make, are enabling the business to sustain growth and we remain committed to generating revenue of £450 – 525m for the year ending 31 December 2024 (calculated at the average exchange rates for the 12 months ended June 2021).
In the more immediate term, uncertainty around the COVID-19 pandemic remains, yet laboratory activity and demand continue to recover in most regions and trading performance year to date, in spite of headwinds in China, is in line with the Board's expectations.
The business' cash generation and financial position continue to provide a foundation from which to pursue opportunities, including innovation, acquisitions, and partnerships. We will continue to invest in our business to enable Abcam to provide innovative, trusted, and improved solutions for our customers. While the rate of investment is moderating from recent levels as we pass the peak for this 2019-2024 strategy implementation, we have a continuing appetite to invest in growing Abcam sustainably for the long term.
Supported by a clear purpose and strategy, and thanks to the efforts of all our employees and partners, we believe that Abcam is well positioned to continue delivering long-term value for our shareholders.
Alan Hirzel
Chief Executive Officer
Michael S Baldock
Chief Financial Officer
12 September 2022
Forward Looking Statements
This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this announcement that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation statements of targets, plans, objectives or goals for future operations, including those related to Abcam's products, product research, product development, product introductions and sales forecasts; statements containing projections of or targets for revenues, costs, income (or loss), earnings per share, capital expenditures, dividends, capital structure, net financials and other financial measures; statements regarding future economic and financial performance; statements regarding the scheduling and holding of general meetings and AGMs; statements regarding the assumptions underlying or relating to such statements; statements about Abcam's portfolio and ambitions, as well as statements that include the words "expect," "intend," "plan," "believe," "project," "forecast," "estimate," "may," "should," "anticipate" and similar statements of a future or forward-looking nature. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: a regional or global health pandemic, including the novel coronavirus ("COVID-19"), which has adversely affected elements of our business, could severely affect our business, including due to impacts on our operations and supply chains; challenges in implementing our strategies for revenue growth in light of competitive challenges; developing new products and enhancing existing products, adapting to significant technological change and responding to the introduction of new products by competitors to remain competitive; failing to successfully identify or integrate acquired businesses or assets into our operations or fully recognise the anticipated benefits of businesses or assets that we acquire; if our customers discontinue or spend less on research, development, production or other scientific endeavours; failing to successfully use, access and maintain information systems and implement new systems to handle our changing needs; cyber security risks and any failure to maintain the confidentiality, integrity and availability of our computer hardware, software and internet applications and related tools and functions; failing to successfully manage our current and potential future growth; any significant interruptions in our operations; if our products fail to satisfy applicable quality criteria, specifications and performance standards; failing to maintain our brand and reputation; our dependence upon management and highly skilled employees and our ability to attract and retain these highly skilled employees; and the important factors discussed under the caption "Risk Factors" in Abcam's prospectus pursuant to Rule 424(b) filed with the U.S. Securities and Exchange Commission ("SEC") on 22 October 2020, which is on file with the SEC and is available on the SEC website at www.sec.gov, as such factors may be updated from time to time in Abcam's other filings with the SEC. Any forward-looking statements contained in this announcement speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. Abcam disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this announcement, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.
Responsibility statement
We confirm to the best of our knowledge:
- the interim financial statements have been prepared in accordance with IAS 34;
- the Financial and Operational highlights, Interim Management Report and Interim Financial statements include a fair review of the information required by the Financial Statements Disclosure and Transparency Rules (DTR) 4.2.7R, being an indication of important events that have occurred during the first six months of the financial period and a description of the principal risks and uncertainties for the remaining six months of the period; and
- the Financial and Operational highlights and Interim Management Report include a fair review of the information required by DTR 4.2.8R, being related party transactions that have taken place in the first six months of the current financial period and that have materially affected the financial position or performance of the entity during the period and also any changes in the related party transactions described in the last Annual Report that could do so.
At the date of this statement, the Directors are those listed in the Annual Report and Accounts 2021 and there were no further changes.
By order of the Board
Alan Hirzel
Chief Executive Officer
Michael S Baldock
Chief Financial Officer
Independent review report to Abcam plc
Report on the condensed consolidated interim financial statements
Our conclusion
We have reviewed Abcam plc's condensed consolidated interim financial statements (the "interim financial statements") in the interim report of Abcam plc for the 6 month period ended 30 June 2022 (the "period").
Based on our review, nothing has come to our attention that causes us to believe that the interim financial statements are not prepared, in all material respects, in accordance with UK adopted International Accounting Standard 34, 'Interim Financial Reporting' and the AIM Rules for Companies.
The interim financial statements comprise:
- the condensed consolidated balance sheet as at 30 June 2022;
- the condensed consolidated income statement and condensed consolidated statement of comprehensive income for the period then ended;
- the condensed consolidated cash flow statement for the period then ended;
- the condensed consolidated statement of changes in equity for the period then ended; and
- the explanatory notes to the interim financial statements.
The interim financial statements included in the interim report of Abcam plc have been prepared in accordance with UK adopted International Accounting Standard 34, 'Interim Financial Reporting' and the AIM Rules for Companies.
Basis for conclusion
We conducted our review in accordance with International Standard on Review Engagements (UK) 2410, 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the Financial Reporting Council for use in the United Kingdom. A review of interim financial information consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures.
A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing (UK) and, consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
We have read the other information contained in the interim report and considered whether it contains any apparent misstatements or material inconsistencies with the information in the interim financial statements.
Conclusions relating to going concern
Based on our review procedures, which are less extensive than those performed in an audit as described in the Basis for conclusion section of this report, nothing has come to our attention to suggest that the directors have inappropriately adopted the going concern basis of accounting or that the directors have identified material uncertainties relating to going concern that are not appropriately disclosed. This conclusion is based on the review procedures performed in accordance with this ISRE. However, future events or conditions may cause the group to cease to continue as a going concern.
Responsibilities for the interim financial statements and the review
Our responsibilities and those of the directors
The interim report, including the interim financial statements, is the responsibility of, and has been approved by the directors. The directors are responsible for preparing the interim report in accordance with the AIM Rules for Companies which require that the financial information must be presented and prepared in a form consistent with that which will be adopted in the company's annual financial statements. In preparing the interim report, including the interim financial statements, the directors are responsible for assessing the group's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or to cease operations, or have no realistic alternative but to do so.
Our responsibility is to express a conclusion on the interim financial statements in the interim report based on our review. Our conclusion, including our Conclusions relating to going concern, is based on procedures that are less extensive than audit procedures, as described in the Basis for conclusion paragraph of this report. This report, including the conclusion, has been prepared for and only for the company for the purpose of complying with the AIM Rules for Companies and for no other purpose. We do not, in giving this conclusion, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.
PricewaterhouseCoopers LLP
Chartered Accountants
Cambridge
12 September 2022
* During the period ended 30 June 2022, share-based payment charges and employer tax contributions thereon have been included in adjusting items. The prior period has been re-presented to be in line with the current period.
Adjusted figures exclude system and process improvement costs, acquisition costs, amortisation of fair value adjustments, integration and reorganisation costs, amortisation of acquisition intangible assets, share-based payments and employer tax contributions thereon, and the tax effect of adjusting items. Such excluded items are described as "adjusting items". Further information on these items is shown in note 4.
* See note 2 for details of the prior period restatement.
Approved by the Board of directors and authorised for issue on 12 September 2022.
* See note 2 for details of the prior period restatement.
(i) Within cash and cash equivalents is £nil (30 June 2021: £1.6m) of cash relating to employee contributions to the Group's share scheme 'AbShare', which is reserved for the purpose of purchasing shares upon vesting.
(ii) Free cash flow comprises net cash generated from operating activities less net capital expenditure, reimbursement of leasehold improvement costs, transfer of cash from/(to) escrow in respect of future capital expenditure, and the principal and interest elements of lease obligations.
Notes to the condensed consolidated interim financial statements
For the six month period ended 30 June 2022
1. General information
The condensed consolidated interim financial statements for the six month period ended 30 June 2022 are unaudited and do not comprise statutory accounts within the meaning of section 434 of the Companies Act 2006, but have been reviewed by the auditor. They do not include all of the information required in annual financial statements in accordance with IFRS, and should be read in conjunction with the consolidated financial statements for the 18 month period ended 31 December 2021. The financial information for the period ended 31 December 2021 does not constitute the Company's statutory accounts for that period, but has been extracted from those accounts, which were approved by the Board of Directors on 14 March 2022 and have been delivered to the Registrar of Companies. The auditor has reported on those accounts, their opinion was unqualified, did not draw attention to any matters by way of emphasis and did not contain any statement under section 498(2) or (3) of the Companies Act 2006.
2. Basis of preparation
The condensed interim financial statements for the six month period ended 30 June 2022 included in this interim financial report have been prepared in accordance with UK adopted International Accounting Standard 34, 'Interim Financial Reporting' and the AIM Rules for Companies, and have been prepared on a going concern basis as described further below.
a. Accounting policies
The accounting policies adopted in the preparation of the condensed consolidated interim financial statements are those as set out in the Group's financial statements for the period ended 31 December 2021, except for the following:
Assets held for sale
Assets are classified as assets held for sale when their carrying amount is to be recovered principally through a sale transaction rather than through continuing use, and a sale is considered highly probable. They are measured at the lower of their carrying amount and fair value less costs to sell. Non-current assets are not depreciated or amortised while they are classified as held for sale. Assets classified as held for sale and the associated liabilities are presented separately from other assets and liabilities on the condensed consolidated balance sheet.
Tax
Taxes on income in the interim periods are accrued using the tax rate that would be applicable to the expected total annual profit. This is described in note 5.
New accounting standards and interpretations
There have not been any new standards or interpretations adopted in the period which would have a material financial impact on, or disclosure requirement for, the Group's interim report.
b. Critical accounting judgements and sources of estimation uncertainty
Judgements and estimates are the same as those as set out in the Group's financial statements for the period ended 31 December 2021, except for the following:
Assets held for sale
Judgement, which is subject to change as new information becomes available, can be required in determining when as asset is classified as held for sale, as described in the accounting policies section. A change in that judgement could result in an impairment charge, depending on whether classification requires a write-down of the asset to its fair value less costs to sell.
c. Going concern
The directors have prepared the interim financial statements on a going concern basis. In considering going concern, the directors have considered the Group's forecasts and projections, taking account of reasonably possible changes in trading performance. These show that the Group is expected to operate within the limits of its available resources.
Accordingly, the directors have a reasonable expectation that the Group has adequate resources to continue in operation for the foreseeable future and a period of not less than twelve months from the date of this report. Accordingly, the going concern basis has been adopted in preparing the interim financial report.
d. Adjusted performance measures
Adjusted performance measures are used by the Directors and management to monitor business performance internally and exclude certain cash and non-cash items which they believe are not reflective of the normal day-to-day operating activities of the Group. The Directors believe that disclosing such non-IFRS measures enables a reader to isolate and evaluate the impact of such items on results and allows for a fuller understanding of performance from period to period. Adjusted performance measures may not be directly comparable with other similarly titled measures used by other companies. A detailed reconciliation between reported and adjusted measures is presented in note 4.
For the period ended 30 June 2022, charges associated with share-based payment schemes have been included as adjusting items. The income statement for the period ended 30 June 2021 has been re-presented to reflect these charges within adjusting items. Although share-based compensation is an important aspect of the compensation of our employees and executives, management believes it is useful to exclude share-based compensation expenses from adjusted profit measures to better understand the long-term performance of our core business. Share-based compensation expenses are non-cash charges and are determined using several factors, including expectations surrounding future performance, employee forfeiture rates and, for employee payroll-related tax items, the share price. These factors are beyond the Group's direct control and generally unrelated to operational decisions and performance in any particular period. Further, share-based compensation expenses are not reflective of the value ultimately received by the recipients of the awards.
e. Restatement of prior period results – Software as a Service ('SaaS') arrangements
In March 2021, The IFRS Interpretations Committee ('IFRIC') published an agenda decision on how an entity should account for costs of configuring or customising application software in a Cloud Computing or Software as a Service ('SaaS') arrangement.
Previously, internal and external costs incurred in connection with the various phases of the Group's ERP implementation and other projects, have been capitalised as an intangible asset in line with IAS 38 'Intangible Assets'. During the period ended 31 December 2021, following an internal review of the impact of adoption of the IFRIC, the Group identified some SaaS costs had previously been capitalised, that should have been expensed.
This change in accounting policy led to adjustments amounting to a £2.7m reduction in the intangible assets, and a £0.5m reduction in the deferred tax liability recognised in the 30 June 2021 balance sheet.
The following tables show the impact of the change in accounting policy on previously reported financial results:
3. Operating segments
The Directors consider that there is only one core business activity and there are no separately identifiable business segments which are engaged in providing individual products or services or a group of related products and services which are subject to separate risks and returns. The information reported to the Group's Chief Executive Officer, who is considered the chief operating decision maker, for the purposes of resource allocation and assessment of performance, is based wholly on the overall activities of the Group. The Group has therefore determined that it has only one reportable segment under IFRS 8 Operating Segments, which is 'sales of antibodies and related products'. The Group's revenue and assets for this one reportable segment can be determined by reference to the Group's income statement and balance sheet.
Geographical information
Revenues are attributed to regions based primarily on customers' location. The Group's revenue from external customers is set out below:
(i) Revenues for Hong Kong have been reclassified from Rest of Asia to China for the period ended 30 June 2022. The value attributable to Hong Kong for the six months ended 30 June 2022 is £0.8m (30 June 2021: £0.7m). The comparatives presented for the six months ended 30 June 2021 have not been updated for this change due to immateriality.
Revenue by type is shown below:
4. Adjusted performance measures
A reconciliation of the Group's adjusted performance measures to reported IFRS measures is presented below:
* During the period ended 30 June 2022, share-based payment charges and employer tax contributions thereon have been included in adjusting items. The prior period has been re-presented to be in line with the current period.
An analysis of adjusting items is presented below:
* During the period ended 30 June 2022, share-based payment charges and employer tax contributions thereon have been included in adjusting items. The prior period has been re-presented to be in line with the current period.
(i) Comprises amortisation of fair value adjustments relating to the acquisition of BioVision. Following the acquisition, the Group recognised a fair value uplift of £6.0m to inventory carried on the Group's balance sheet. This adjustment was amortised over 4 months from November 2021 and are now fully amortised. Such costs are included within cost of sales.
(ii) Comprises costs of the strategic ERP implementation which do not qualify for capitalisation. Such costs are included within selling, general and administrative expenses.
(iii) Comprises legal and other professional fees associated with the acquisition of BioVision. Such costs are included within selling, general and administrative expenses.
(iv) Six months ended 30 June 2022: integration and reorganisation costs relate primarily to the integration of BioVision (comprising mainly retention and severance costs, employee backfill costs for those involved in the integration, settlement costs and professional fees) and footprint costs. Six months ended 30 June 2021: integration and reorganisation costs relate to the reorganisation and property related costs in respect of the alignment of the Group's operating structure and geographic footprint to its strategic goals. These costs are included in selling, general and administrative expenses.
(v) For the six month period ended 30 June 2022, £7.6m (30 June 2021: £3.0m) of amortisation of acquisition intangibles is included in research and development expenses, with the remaining £1.4m (30 June 2021: £1.0m) included in selling, general and administrative expenses.
(vi) Comprises share-based payment charges and employer's tax contributions thereon for all the Group's equity- and cash-settled schemes. Charges of £1.4m (30 June 2021: £0.1m) are included in research and development expenses, with the remaining £11.6m (30 June 2021: £6.6m) included within selling, general and administrative expenses.
5. Income tax
The major components of the income tax charge in the income statement are as follows:
* During the period ended 30 June 2022, share-based payment charges and employer tax contributions thereon have been included in adjusting items. The prior period has been re-presented to be in line with the current period.
(i) Adjusted income tax charge excludes the tax effects of adjusting items as set out in note 4.
The Group reported a net tax charge of £1.6m (30 June 2021: £6.3m). The tax charge for the six months ended 30 June 2021 was higher due to a restatement of certain deferred tax balances in line with the enactment of the change in UK corporation tax rates to 25% with effect from 1 April 2023.
The UK Corporation Tax rate for the six months ended 30 June 2022 was 19% (30 June 2021: 19%). Taxation for other jurisdictions is calculated at the rate prevailing in the relevant jurisdictions.
Effective tax rates represent management's best estimate of the average annual effective tax rate on reported or adjusted profits with these rates being applied to the six months results.
The estimated effective rate of tax on the reported profit for the six months ended 30 June 2022 is approximately 21.6% (30 June 2021: 68.5%), which represents management's best estimate of the average annual effective tax rate on profits expected for the six month period.
The estimated effective rate of tax on adjusted profits for the six months ended 30 June 2022 is approximately 20.9% (30 June 2021: 36.2%).
6. Earnings per share
The calculation of earnings per ordinary share (EPS) and adjusted earnings per ordinary share (adjusted EPS) are based on profit after tax, and adjusted profit after tax, respectively, attributable to owners of the parent and the weighted number of shares in issue during the period.
Adjusted EPS figures have been calculated based on earnings before adjusting items which are considered significant in nature or value and which are described in note 4.
Basic EPS and adjusted EPS are calculated by dividing the earnings attributable to the equity shareholders of the parent by the weighted average number of shares outstanding during the period. Diluted EPS and adjusted diluted EPS are calculated by adjusting the weighted average number of ordinary shares outstanding to assume conversion of all potentially dilutive ordinary shares. Such potentially dilutive ordinary shares comprise share options and awards granted to employees where the exercise price is less than the average market price of the Company's ordinary shares during the period and any unvested shares which have met, or are expected to meet, the performance conditions at the end of the reporting period.
* During the period ended 30 June 2022, share-based payment charges and employer tax contributions thereon have been included in adjusting items. The prior period has been re-presented to be in line with the current period.
7. Notes to the cash flow statement
8. Financial instruments and risk management
The Group's activities expose it to a variety of financial risks that include currency risk, interest rate risk, credit risk and liquidity risk.
The condensed interim financial statements do not include all financial risk management information and disclosures required in the annual financial statements; accordingly, they should be read in conjunction with the Group's financial statements for the period ended 31 December 2021. There have been no changes to the risk management policies since the period ended 31 December 2021.
The table below analyses financial instruments carried at fair value by valuation method. The different levels have been defined as follows:
- Level 1 fair value measurements are those derived from quoted prices (unadjusted) in active markets for identical assets or liabilities;
- Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices); and
- Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable market inputs).
The following table presents the Group's assets and liabilities carried at fair value by valuation method.
There were no transfers between levels during the period.
The Group's Level 2 financial instruments consist of forward foreign exchange contracts fair valued using forward exchange rates that are quoted in an active market.
The Group continues to generate significant amounts of US Dollars, Euros, Japanese Yen and Chinese Renminbi in excess of payments in these currencies and has hedging arrangements in place to reduce its exposure to currency fluctuations.
The following table details the forward contracts outstanding as at the period end:
The Group's Level 3 financial instruments consist of unlisted equity shares.
The fair value of the unquoted equity shares can be determined as management monitors the ongoing performance of the investment.
9. Goodwill
* The beginning of the period is 1 January 2022, 30 June 2020 and 1 January 2021 respectively for the periods presented in the table.
During the six months ended 30 June 2022, there was a cash receipt of £1.2m ($1.5m) relating to a successful claim lodged in relation to the acquisition of NKY Biotech US, Inc and its one wholly owned subsidiary, BioVision, Inc (collectively 'BioVision'). The cash consideration for BioVision was adjustable for certain net working capital balances, for which an estimate was provided on the close date. Subsequent to completing the acquisition balance sheet, it was noted that the actual net working capital balance fell short of the estimated balance and a claim was submitted. The corresponding adjustment to the consideration was recognised on the balance sheet as at 31 December 2021.
There have not been any adjustments to the provisional goodwill balance relating to BioVision in the six months ended 30 June 2022 and the goodwill balance remains provisional as at 30 June 2022. Adjustments to either the consideration paid or the acquired net assets may be recognised during the 12 month post acquisition measurement period, where it has been identified that the adjustment relates to events and circumstances prior to the acquisition.
10. Assets held for sale
Assets held for sale relate to assets and liabilities associated with the group's Fireplex multiplex and assay business. The major classes of assets and liabilities held for sale are Goodwill (£1.6m), Intangible assets (£15.3m), Property, plant and equipment (£0.8m), Inventory (£0.6m) and Deferred tax liabilities (£3.9m).
11. Capital commitments
As at 30 June 2022, the Group had capital commitments of £7.9m (30 June 2021: £8.9m) relating to the acquisition of property, plant and equipment and intangible assets.
Risks and uncertainties
The principal risks and uncertainties which the Group faces in the undertaking of its day-to-day operations and in pursuit of its longer-term objectives are set out in the Annual Report and Accounts 2021 on pages 63 to 67 and in note 4 to the consolidated financial statements. Information on financial risk management is set out in note 26 to the consolidated financial statements. A copy of the Annual Report and Accounts is available on the Group's website www.abcamplc.com/investors/reports-presentations/.
The principal risks and risk profile of the Group have not changed over the interim period and are not expected to change over the next six months.
The principal risks remain as:
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SOURCE Abcam plc | https://www.kxii.com/prnewswire/2022/09/12/abcam-plc-interim-results-six-month-period-ended-30-june-2022/ | 2022-09-12T12:12:17Z |
Three-day online event attracted 14,600+ bidders from 46 countries to compete for 8,300+ items
EDMONTON, AB, Sept. 12, 2022 /PRNewswire/ - Ritchie Bros. latest Edmonton, AB auction included 8,300+ equipment items selling for CA$76+ million (US$58+ million) in gross transaction value, which is a 29% increase over the same event last year.
The three-day online event on September 7 – 9, 2022, attracted more than 14,600 bidders from 46 countries. Approximately 94 percent of the equipment in the unreserved auction was sold to Canadian buyers, including 59 percent sold to Albertans. The remaining six percent of the equipment was sold to international buyers from as far away as Colombia, India, and Ireland.
"We had a lot of happy consignors, with equipment and trucks bringing strong demand and pricing through all three days of the auction," said Andrew Lutic, Regional Sales Manager, Ritchie Bros. "Leading up to the event our Edmonton site was busy with buyers inspecting items to add to their fleet for upcoming projects. For those that were unable to get the equipment they need for the winter season, we have a ton of upcoming buying opportunities including our next big Edmonton auction in late October."
More than 1,100 consignors sold equipment in the Edmonton auction, including a major realignment for Ninkovich Gravel Ltd.
"When you work with Ritchie, you get a company that's thoughtful, considerate, and always looking out for your best interests," said Dave Ninkovich of Ninkovich Gravel Ltd. "They provided direction on how to increase the value of my assets at auction and it worked, as we surpassed my original expectations and hit the price I was hoping for."
- 2017 Komatsu D155AXI-8 dozer – CA$400,000 (US$304,040)
- 2014 Kenworth C500 National NBT45TM 45-ton straight boom truck - CA$357,500 (US$271,736)
- 2015 Caterpillar 740BEJ ejector articulated dump truck – CA$325,000 (US$247,033)
- 2014 Caterpillar 349FL hydraulic excavator – CA$265,000 (US$201,427)
- 2013 Peterbilt 367 2012 vacuum industrial on 8x6 hydro vac truck – CA$260,000 (US$197,626)
- Gross Transaction Value: CA$76+ million (US$58+ million)
- Items Sold: 8,300+
- Bidders: 14,600+
- Consignors: 1,100+
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offering live auction events with online bidding; IronPlanet, an online marketplace with weekly featured auctions and providing the exclusive IronClad Assurance® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Ritchie List, a self-serve listing service for North America; Mascus, a leading European online equipment listing service; Ritchie Bros. Private Treaty, offering privately negotiated sales; and sector-specific solutions GovPlanet, TruckPlanet, and Ritchie Bros. Energy. The Company's suite of solutions also includes Ritchie Bros. Asset Solutions and Rouse Services LLC, which together provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system; SmartEquip, an innovative technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers; plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.
Photos and video for embedding in media stories are available at rbauction.com/media.
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SOURCE Ritchie Bros. | https://www.wibw.com/prnewswire/2022/09/12/ritchie-bros-sells-ca76-million-equipment-september-edmonton-auction/ | 2022-09-12T12:47:30Z |
WEST DES MOINES, Iowa, April 13, 2022 /PRNewswire/ -- More than 6,000 grocery stores across North America now profit from Itasca Retail Inventory Intelligence solutions that track On-Shelf Availability in real time, continuously forecast demand, receive direct store deliveries, and automate store orders with unparalleled accuracy.
Inventory Intelligence is critical for grocery retailers as they confront cost increases, supply chain shorts, demand surges, changing shopper behaviors, labor shortages, and intensified competition from digital-only retailers.
Itasca Retail is leading the charge to modernize inventory practices with its highly rated Itasca Magic™ solutions for computer-generated ordering (CGO), perpetual inventory (PI), demand forecasting, receiving, and data management.
"The Inventory Intelligence built into our software has always helped grocers maintain or increase margins," said Jeff Kennedy, CEO of Itasca. "We'll help them even more in these changing times."
Itasca software brings advantages across crucial dimensions of merchandising performance:
- Best-in-Class Service Levels, with On-Shelf Availability rates above 99.5% and fewer lost sales from OOS
- Highly Accurate Demand Signal enabled by continuously gathering T-LOG data as transactions happen
- Lower Cost of Merchandising Capital by curbing excess safety stock that stifles cash flow
- Fewer Substitutions in digital orders fulfilled in physical stores and distribution points
- Fewer and More Complete Truckload Deliveries from DC to stores
- Compatibility with the latest touch-screen hand-held devices used for inventory management without the need to "sunset" a retailer's investment in legacy devices
These operational benefits are reflected in superior revenues and profits.
Optimization at its Core
Magic™ was originally introduced to supermarkets in 2003. Itasca's development team reasoned that CGO, PI, and supply chain forecasting were essential to an effective solution. Retailers choose the software:
- To counter competitive pressure from industry giants such as Walmart and Amazon who manage inventory as a strategic asset
- To combat food waste and shrink, which is bad for retailers, the consumer economy, and the planet
- To respond to industry and economic changes, like shopping patterns, labor shortages, and supply-chain shifts
- To solve store labor challenges, by making merchandising jobs easier and more efficient, to get more done with fewer hands
About Itasca Retail:
Itasca Retail Inventory Intelligence helps grocers win in today's retail economy. More than 105,000 workers, at more than 6,000 stores, use the platform daily to manage industry and economic changes including changing shopping habits, labor shortages, and supply-chain uncertainty.
Download a detailed fact sheet about Itasca Inventory Intelligence here.
CONTACT: Jason Wirl, 208-863-2603, jwirl@itasca-retail.com
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SOURCE Itasca Retail | https://www.kxii.com/prnewswire/2022/04/13/itasca-retail-extends-reach-its-industry-leading-inventory-intelligence-platform/ | 2022-04-13T14:01:53Z |
(The Hill) – Sen. Bob Menendez (D-N.J.) on Thursday accused Mexican President Andrés Manuel López Obrador of attempting to blackmail President Biden to include non-democratic governments in the guest list for the Summit of the Americas.
Menendez’s comments come as López Obrador skipped the U.S.-hosted summit and has taken to his daily press conference to criticize Cuban American senators, particularly Menendez, for their role in excluding the leaders of Cuba, Venezuela and Nicaragua from the hemispheric event.
“I think President López Obrador basically tried to blackmail President Biden into insisting countries that are not democratic, countries like Venezuela, Cuba, Daniel Ortega’s Nicaragua, that are dictators and despots, should have been invited to the summit,” Menendez told MSNBC’s José Díaz Balart.
López Obrador was the highest-profile leader to skip the summit, ongoing this week in Los Angeles, but he was joined in the snub by the leaders of Honduras, Guatemala and El Salvador.
Menendez told Díaz Balart that Mexico is one of America’s most important bilateral relationships, but said Biden made the right choice to exclude the three countries that have either not signed or openly defy the Inter-American Democratic Charter.
“I applaud President Biden for upholding the standard of the Summit to be a summit of democracies,” said Menendez, who chairs the Senate Foreign Relations Committee.
Still, López Obrador singled out Menendez in his daily press conference Monday, comparing his positions on relations with Cuba, Venezuela and Nicaragua to those of Republican Sens. Marco Rubio (Fla.) and Ted Cruz (Texas).
“Those two gentlemen, I understand them better because they’re Republicans. But this gentleman, he’s in the Democratic Party,” said López Obrador, referring to Menendez.
López Obrador then remarked that former Presidents Obama and Trump “permitted” all the countries in the hemisphere to participate in the Summit of the Americas during their terms in office.
While Cuba did participate in the 2015 and 2018 versions of the summit, neither of those were hosted by the United States, and U.S. officials unsuccessfully pressured Panama to exclude Cuba in 2015.
Trump did not attend the summit in Peru in 2018, sending former Vice President Pence in his stead.
“Now, because of internal pressures, President Biden can’t invite everyone,” said López Obrador. “Because of the influential senator, chairman of the Committee on Foreign Affairs, imagine that.”
López Obrador’s direct tit-for-tats with U.S. senators are unorthodox in a bilateral relationship, where historically conflicts have been managed behind closed doors.
While López Obrador reset Mexican politics with his landslide victory in 2018, he is now in the final two years of his term, historically a vulnerable period for Mexican presidents.
Like Menendez, Rubio has responded to López Obrador’s provocations, tweeting on Tuesday that López Obrador “has turned entire sections of his country over to drug cartels and is an apologist for a tyranny in Cuba, a murderous dictator in Nicaragua and a narco-trafficker in Venezuela.”
Laura Ortiz, Hispanic media director for Rubio’s reelection campaign, said the summit was “shining proof that the Biden Administration has left its foreign policy priorities in the region at the mercy of President López Obrador.”
Menendez told Díaz Balart he wasn’t fazed by López Obrador’s attacks.
“Instead of coming to the summit and strengthening the relationship with us after four years of Donald Trump, he chose to stay away and side with dictators and despots,” said Menendez.
“If that’s what he claims is my problem, then so be it,” he added. | https://cw33.com/news/nexstar-media-wire/mexican-president-tried-to-blackmail-president-biden-senator-says/ | 2022-06-10T00:21:05Z |
SAN DIEGO, Sept. 2, 2022 /PRNewswire/ -- Regulus Therapeutics Inc. (Nasdaq: RGLS), a biopharmaceutical company focused on the discovery and development of innovative medicines targeting microRNAs (the "Company" or "Regulus"), today announced that the Company will participate in two upcoming investor conferences.
Details are as follows:
- Wells Fargo Healthcare Conference taking place September 7-9, 2022, in Boston, MA
- H.C. Wainwright 24th Annual Global Investment Conference taking place September 12-14, 2022, in New York, NY
A replay of the live presentation will be available under "Events and Presentations" through the investor relations section of the Company's website at www.regulusrx.com and archived for 30 days following the presentation date.
About Regulus
Regulus Therapeutics Inc. (Nasdaq: RGLS) is a biopharmaceutical company focused on the discovery and development of innovative medicines targeting microRNAs. Regulus has leveraged its oligonucleotide drug discovery and development expertise to develop a pipeline complemented by a rich intellectual property estate in the microRNA field. Regulus maintains its corporate headquarters in San Diego, CA.
Forward-Looking Statements
Statements contained in this presentation regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the Company's RGLS8429 program, including the expected timing for initiating clinical studies, the expected timing for reporting topline data, and the timing and future occurrence of other preclinical and clinical activities. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "believes," "anticipates," "plans," "expects," "intends," "will," "goal," "potential" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Regulus' current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of discovering, developing and commercializing drugs that are safe and effective for use as human therapeutics and in the endeavor of building a business around such drugs, and the risk additional toxicology data may be negative. In addition, while Regulus expects the COVID-19 pandemic to adversely affect its business operations and financial results, the extent of the impact on Regulus' ability to achieve its preclinical and clinical development objectives and the value of and market for its common stock, will depend on future developments that are highly uncertain and cannot be predicted with confidence at this time, such as the ultimate duration of the pandemic, travel restrictions, quarantines, social distancing and business closure requirements in the U.S. and in other countries, and the effectiveness of actions taken globally to contain and treat the disease. These and other risks are described in additional detail in Regulus' filings with the Securities and Exchange Commission, including under the "Risk Factors" heading of Regulus most recently quarterly report on Form 10-Q. All forward-looking statements contained in this press release speak only as of the date on which they were made. Regulus undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
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SOURCE Regulus Therapeutics, Inc | https://www.kxii.com/prnewswire/2022/09/02/regulus-therapeutics-participate-upcoming-investor-conferences/ | 2022-09-02T20:35:07Z |
AwardCodes create a memorable recognition & reward experience for employees everywhere—whether they're at a desk or not.
PROVO, Utah, Aug. 30, 2022 /PRNewswire/ -- Awardco, the employee recognition and rewards company that builds culture through value-driven recognition, announced a new product today called AwardCodes to help employers recognize and reward all their employees—including their offline, seasonal, and field workforce.
With this new product, Awardco continues to evolve its already dynamic platform by making employee rewards and recognition more inclusive and easier than ever. AwardCodes are customizable codes that can be given to any employee for offline recognition. Upon scanning the AwardCode, points are automatically deposited into their account for immediate redemption on Awardco's vast reward network of millions of items and experiences.
AwardCodes allow any organization to create a memorable recognition and reward experience that is easy to use for any employee. AwardCodes can be used to reward contest winners, facilitate giveaways, incentivize participation, or help build relationships through on-the-spot recognition at any time for any employee.
AwardCodes also provide organizations whose reward programs are dependent on gift cards with a more effective and efficient way to motivate and thank their employees. AwardCodes remove the need to allocate a large sum to purchase gift cards that go undistributed or unused. Usage and redemption rates are all tracked in the Awardco platform, so reward budgets are used exactly where they should be: on rewarding good work.
"AwardCodes are an incredible innovation in the rewards and recognition space," said Awardco founder and CEO Steve Sonnenberg. "Custom-designed AwardCodes can curate a company-specific experience and can be used any time, anywhere. Driving behavior and building culture in an organization is easier than ever as leaders utilize AwardCodes to recognize their employees no matter if they work online or off."
AwardCodes will continue to evolve and provide new avenues for leaders to recognize, reward, and retain their workforce no matter the economic climate.
About Awardco
Awardco incentivizes behavior and builds workplace culture through value-driven recognition and rewards. It's the only employee recognition and total rewards platform to be a featured partner with Amazon Business to offer the power of Amazon for any size organization's incentive programs. Awardco is the largest reward network on the planet — all with zero markups. For more information, visit us online at award.co/offline-recognition.
Media Contact: Sam Stroman, sams@awardco.com
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SOURCE Awardco | https://www.kxii.com/prnewswire/2022/08/30/awardco-pioneers-better-offline-recognition-with-awardcodes-new-employee-recognition-experience/ | 2022-08-30T16:22:14Z |
Ideal temperatures for Friday Night Lights
Rain chances increase next week
Big cumulus clouds and warm easterly wind will greet Texomans heading outside for Friday night high school football tonight. No matter your plans, it will be an ideal evening to start the weekend. We’re keeping an eye on the chance for a rogue shower in Texoma, but it will be brief and minor if it occurs. 99% of Texomans will be warm and dry this evening.
Starting Saturday evening our rain chances start to increase as moisture levels are on the rise going into next week. Some more small pop-up showers will be possible this weekend. The best chance for rainfall will be Monday evening and Tuesday with Texoma looking to get half an inch to an inch of rain. Rain chances still possible on Wednesday, but they will be less likely going into the end of the week.
Even if the rain doesn’t end up being significant in your neighborhood, cooler temperatures will remain. Highs in the 80s are expected for next week heading into September.
As for tonight, it’ll be a great weather day to enjoy some football. As always, Steve hopes your favorite team wins tonight.
Brady Blackstock
Weekend Meteorologist
News 12 / KXII-TV
Copyright 2021 KXII. All rights reserved. | https://www.kxii.com/2022/08/26/ideal-temperatures-friday-night-lights/ | 2022-08-26T22:04:59Z |
Which Kirby plush toy is best?
Kirby might not have as much of the spotlight as Mario, but he is still a keystone character in the Nintendo universe. Outside of his own platforming video games — which are well respected in their own right — Kirby is also a playable character in all of the Super Smash Bros. games. Kirby is best known for his ability to absorb foes and mimic their powers.
Little Buddy currently makes most of Nintendo’s plush toys, including Kirby. The Little Buddy Kirby Adventure All Star Collection 5.5-Inch Kirby Stuffed Plush is an easy recommendation that comes with all the cuteness and charm the pink puff can muster
What to know before you buy a Kirby plush toy
Kirby’s many power-ups
Kirby is famous for absorbing opponents and stealing their powers. Each time Kirby absorbs a foe, he also acquires some of their attire, giving Kirby an ever-changing look. Every iteration of Kirby is amusing and adorable, and there are plush toys made for many of Kirby’s most iconic forms including Knight Kirby, Parasol Kirby, Ice Kirby and so on.
Other famous Kirby characters
Kirby has been adventuring since his original appearance in Kirby’s Dreamland in 1992. Some of his allies and foes have also gotten famous. Many of Kirby’s animal helpers have received plush toys, as well as other iconic characters like Meta Knight and King Dedede. Casual fans might only recognize Kirby, but long-time fans could appreciate a plush of a different character, too.
Gift recipient age
Kirby games tend to be easier than other iconic platforming games, like Sonic the Hedgehog and Donkey Kong Country. They are very accessible to both young children just getting into video games and older players who enjoy the series for its originality and fun factor.
Younger fans tend to prefer heroes and main characters, so they will likely prefer a Kirby plush. Older fans will be more receptive to other characters like Meta Knight and the iterations of Kirby that come from specific games. If you don’t know the franchise well, you are safe going with just about any version of Kirby.
What to look for in a quality Kirby plush toy
Plush size
A small plush is generally less exciting than a larger plush. Most of the plush toys available online range from 5 inches to 14 inches. Bigger characters like King Dedede and the Whispy Woods tend to be taller while Kirby plushies generally sit between 5 inches and 6 inches. There are also smaller plush toys available as keychain attachments.
Your favorite version of Kirby
If possible, try to figure out what version of Kirby is the gift recipient’s favorite. While not every power-up is represented in plush form, many of Kirby’s most iconic styles are. The default Kirby without a power-up is always a crowd-pleaser, but many people will be charmed by other forms like Ninja Kirby.
Official licensing
Everyone wants an authentic plush. Luckily, Kirby has a very simplistic design that translates well into plush form. Little Buddy has been given the nod by Nintendo to bring Nintendo plush toys to the U.S. They make plush toys from many series, including Super Mario Bros., Donkey Kong and Kirby.
Other online sellers like Club Mocchi Mocchi and Sanei also make licensed plush toys, but if you are unsure, always try to check the retailer’s website to see if Nintendo has given them permission to make plush toys.
How much you can expect to spend on Kirby plush toy
Kirby plush toys range from about $15-$30, with the average price being around $20.
Kirby plush toy FAQ
How many abilities does Kirby have?
A. Kirby has over 50 different abilities when it comes to just his games. In Super Smash Bros., he can also copy every other fighter’s abilities, easily giving him over 100 abilities when all his game appearances are taken into account.
What species is Kirby?
A. Though they have no official name, members of Kirby’s species are commonly referred to as just Kirbys. There are other members of the species, such as Keeby, Kirby’s clones and possibly Meta Knight. They are all small, orb-like creatures with short arms and legs.
What’s the best Kirby plush toy to buy?
Top Kirby plush toy
Little Buddy Kirby Adventure All Star Collection 5.5-Inch Kirby Stuffed Plush
What you need to know: This is an official, 5.5-inch Little Buddy Kirby plush in Kirby’s original pink puff form.
What you’ll love: This plush is adorable and nails Kirby’s facial features and stature. Kirby stands 5.5 inches tall and smiles up at you. This is the Kirby form most people know and love.
What you should consider: Some people may want a Kirby that is a little more unique.
Where to buy: Sold by Amazon
Top Kirby plush toy for the money
Little Buddy 1402 Kirby Adventure All Star Collection Meta Knight Plush
What you need to know: This is an official plush of one of Kirby’s greatest foes, Meta Knight.
What you’ll love: Meta Knight comes with his signature mask, sword and cape. All of his facial features and garments are accurate. He stands 5.5 inches tall.
What you should consider: Some people might prefer to stick with Kirby since he is the main character.
Where to buy: Sold by Amazon
Worth checking out
Little Buddy Kirby’s Adventure All Star Collection Kirby Sword Stuffed Plush
What you need to know: This is an official plush of Kirby with a sword and an green and yellow hat.
What you’ll love: This Kirby plush stands 6 inches tall, which is larger than the default Kirby. This is one of the most popular Kirby power-ups of all time.
What you should consider: Casual fans might not have as much of a connection to Kirby with power-ups.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/theme-toys-br/best-kirby-plush-toy/ | 2022-06-10T14:27:50Z |
Hartville's Front Porch Cafe offers fresh eats, large coffee menu
I’ve been to the Hartville Thrift Shoppe many times and always noticed the Front Porch Store and Front Porch Cafe that are right beside it. Somehow it always ended up that the timing wasn’t right to stop for a meal, but my husband, Austin, and I decided to stop in at Front Porch Cafe for lunch on a recent Saturday.
I always thought the front of the restaurant was the part of the building that butts up to the Front Porch Store, which is directly beside the thrift store. It’s not. That’s the side of the cafe, and it offers outdoor seating. You have to turn the corner to get to the entrance.
Prior to our visit, neither of us had heard much about the cafe, and we didn’t look up a menu in advance. I always envisioned it to be a full-service restaurant with an old-school homestyle feel.
I was pleasantly surprised to see a modern interior with a rustic, farm-style/industrial vibe with exposed pipes and twinkle lights strung throughout.
We browsed the chalkboard menu and placed our order. Austin asked what I was getting, and I said I couldn’t decide between the Reuben sandwich platter (full size, $10; half size, $6) and the chicken salad wrap platter (full size, $9.50; half size, $6.50). He was eyeing the same things, so we got one of each, plus a 16-ounce iced macchiato with caramel syrup ($4.50, plus $0.50 for the syrup shot) for me and a 16-ounce fountain drink ($3) for him.
We grabbed our drinks and found a high-top table near the windows. It felt as if our food was delivered in less than five minutes. Talk about speedy service.
We decided to split the Reuben and wrap, so we could each eat both. They already were cut in half, so that made it easy. Each platter came with a bag of chips and a pickle spear.
I tried the chicken salad wrap first, and I immediately noticed how fresh it tasted. Everything about it was crisp and delicious. With grapes, apple slices, celery and lettuce in it, there was a nice crunch to every bite. I liked that it was on a spinach wrap. My only wish was that it was bigger. It seemed a little smaller than expected for the price.
Austin started with the Reuben and really enjoyed it. He said it had a great flavor, and I agreed when I started on my half. The bread was toasted a little more than I would have liked, but the flavor of the corned beef, sauerkraut and Thousand Island dressing more than made up for it. This sandwich felt a lot heavier than the wrap, so I was surprised that it was only 50 cents more for the full size.
I felt full after eating a half of the sandwich and wrap, so I saved the chips for later and finished my meal with the pickle spear. Austin munched on the sea salt chips and said they were good. He mentioned that the meal wasn’t as filling as he’d hoped it would be.
Restaurant review:'I can't get enough of it.' Tasty wraps, delicious chips and dip at Thatsa Wrapp Shack
Restaurant review:Delicious sandwiches and calzones, affordable prices at Michael D's
Throughout the meal, I sipped my caramel macchiato. At first, all of the caramel flavor was at the bottom, so it didn’t taste the best. But once I got a straw and stirred the drink, it tasted very caramel-y and delicious. Because I’m such a slow drinker when it comes to coffee, I was glad it was in a to-go cup so I could enjoy it as we ran other errands.
I was shocked at how many coffee and other drink options Front Porch had to offer. The menu for drinks was almost as large as the food menu. With hot and cold coffee and espresso drinks, as well as teas, hot chocolates and fountain drinks, plus some bottled beverages, there is a lot of choice.
Front Porch Cafe’s food menu includes breakfast, lunch and dinner. The breakfast menu, served from 6:30 to 11 a.m., offers chicken and waffles, a cafe breakfast platter, breakfast sandwich, biscuits and gravy, baked oatmeal, avocado toast and sides.
Restaurant review:Poagie's BBQ in Louisville does barbecue right; offers large portions, expansive menu
The lunch and dinner menu, which is served from 11 a.m. to 4:50 p.m., features a variety of flatbread pizzas, handheld sandwiches, salads, fries and soup. There is also a dessert case with muffins, cookies and other baked goods available.
Front Porch Cafe is at 932 W. Maple St. in Hartville and is open from 6:30 a.m. to 5 p.m. Tuesday through Friday and 6:30 a.m. to 4 p.m. Saturday. For more information and to view the menu, visit frontporchcafehartville.com.
Front Porch Cafe
Taste: Everything tasted fresh and flavorful. 4/5 stars
Ambiance: I loved the vibe inside Front Porch Cafe. It felt laid back, calm and cool. 5/5 stars
Service: The staff was friendly and helpful. 4/5 stars
Concept: It’s not a new concept to serve breakfast and lunch sandwiches and wraps with coffee, but I liked the amount of drink choices available. 4/5 stars
Price: Prices seemed a little high for portion sizes. 3.5/5 stars
Overall rating: 4.1 stars | https://www.cantonrep.com/story/lifestyle/food/2022/08/16/hartville-front-porch-cafe-offers-fresh-eats-sandwiches-wraps-large-coffee-menu/65396921007/ | 2022-08-16T12:59:38Z |
Health care affordability innovator will be available to more than 100 hospitals and clinics in Iowa
SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ -- PayZen, a mission-driven fintech company tackling health care affordability for patients and providers with artificial-intelligence-powered financing solutions, announced a partnership with the Iowa Hospital Association and its subsidiary, ServiShare. The partnership solidifies PayZen as the top patient financing platform for IHA's network of 117 hospitals, 17 health systems and the patients they serve.
After a rigorous review process, IHA selected PayZen for its innovative approach to affordability and best-in-class financing solution, finding an essential opportunity to serve the critical needs of consumers statewide.. By offering flexible payment options, PayZen looks to eliminate medical debt for Iowans and make health care more affordable in the face of a recession, while enabling providers to improve performance and provide the essential care needed for their communities.
"PayZen not only met our standards of service for our members but also demonstrated the ability to work successfully with providers in rural settings," said Perry Meyer, executive vice president of IHA and SeriviShare. "Rural providers are under immense pressure to deliver quality care with limited resources, but with PayZen's unique approach to solving patient affordability, we can provide personalized financial solutions for all Iowans looking to access affordable health care across our member hospitals."
The partnership comes on the heels of a Kaiser Foundation study in June 2022 study in June that provided an in-depth look at the impact of medical debt and its reach across America's population. According to the study, Iowans owe an average of $582 in medical debt with more than 10% of the state's residents with medical debt in collections. PayZen reduces this debt for patients while also bringing in more revenue by boosting patient collections for hospitals struggling to keep their doors open, an issue IHA has highlighted in past reports.
"One of the ways our platform brings value to health care providers, large and small, is its flexibility and ease of integration,'' said Ed Young, vice president of solutions at PayZen. "Our platform can be used by organizations with limited resources and requires no IT investment to implement, while still giving every patient individualized payment options to fit their budgets. We are excited to work with IHA and their members to deliver a better financial experience to their patients."
Using PayZen's technology platform, both patients and providers achieve better financial outcomes. For Iowa hospitals offering PayZen, all patients who apply are automatically approved for PayZen's 0% interest, no-fee payment plans without a credit check. Payment options are determined by an AI algorithm that analyzes more than 30,000 financial data points to present customized monthly installments and terms up to 60 months. For providers, PayZen consistently produces 30% increases in patient collections with no recourse, which means accelerated cash flow, reduced days in accounts receivable and improvements to the bottom line.
To learn more about PayZen, visit www.payzen.com.
PayZen is a mission-driven health care fintech company that aims to tackle the growing patient payment responsibility problem with superior technology and a modern approach, "Care Now, Pay Later." By prioritizing the patient experience and cutting administrative burden, PayZen looks to improve the patient-provider relation and slice the impact of medical debt on both sides. PayZen is backed by leading equity and credit capital investors and is led by proven technology veterans with a successful track record of helping millions of Americans overcome financial struggles.
Headquartered in Des Moines, the Iowa Hospital Association is a voluntary membership organization representing hospital and health system interests to business, government and consumer audiences. IHA provides advocacy on behalf of Iowa's hospitals as well as educational programming and data services. All but one of Iowa's 118 community hospitals are IHA members. Those hospitals employ more than 76,000 people and create an $8 billion impact on the state's economy.
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SOURCE PayZen | https://www.mysuncoast.com/prnewswire/2022/08/09/payzen-announces-partnership-with-iowa-hospital-association/ | 2022-08-09T13:47:10Z |
STOCKHOLM, June 7, 2022 /PRNewswire/ -- Vermiculus has been chosen to deliver a real-time clearing solution to CERC, the main financial market infrastructure specialized in receivables in Brazil. In this cooperation, Vermiculus will provide a solution based on its modern clearing system, VeriClearTM, which is an elastically scalable and AI-powered real-time clearing system.
CERC has the mission to make the market of receivables more efficient and reliable and aims to achieve this by efficiently connecting stakeholders of multiple economic sectors. Attaining this demands a system with immense architectural integrity and flexibility that can adapt to the vast, diverse, and always changing requirements. It also seeks to maintain its cloud integration and therefore requires the most modern architectural solution. Furthermore, with CERC's rapidly increasing business, the need for a multi-functional and greatly advanced settlement clearing system is paramount.
"Vermiculus' VeriClearTM perfectly matches our ambition to modernize and streamline our industry in a powerful way that has never been done before."
– Marcelo Maziero, Co-Founder of CERC
CERC began its operations by pioneering the registry of trade invoices, which was later extended to include receivables from credit and debit cards, among other assets, making it a reference in this sector that moves trillions of Brazilian reais. Aware of this financial potential and the importance of receivables as collateral for credit transactions, CERC is expanding its services and is waiting for authorization from the Brazilian Central Bank (BCB) and Brazilian Securities and Exchange Commission (CVM) to operate a Settlement System and a Central Securities Depository, which will allow it to offer more services to further enhance credit transactions in Brazil.
The Vermiculus and CERC partnership is the beginning of a long and rewarding relationship between both companies. "We are excited to work together with the highly experienced and professional team at Vermiculus to develop a solution that supports our core objective of decentralizing data to reduce information asymmetry and help democratize the supply of credit so that more companies can benefit." says Marcelo Maziero, co-founder of CERC. "In order for us to meet our uniquely advancing business initiatives, extreme flexibility and performance are key, which Vermiculus already delivers."
Vermiculus' multi-asset microservices-based clearing solution, VeriClearTM, provides comprehensive and flexible multi-currency settlement capabilities for clearing houses. The system allows for monitoring and managing receivables and risk in real-time across multiple markets as well as provides an in-depth overview of the transaction chain. The clearing system is optimized for being able to quickly adopt new business initiatives and product developments, with unparalleled scalability, adaptability, and customization. This is powered by intelligent APIs and AI functions which are presented with superior usability through its dynamic GUI dashboard. The analytical dashboard enables efficient drill-down possibilities and error handling through its algorithmic abilities and has the capacity to gather business intelligence.
Taraneh Derayati, CEO of Vermiculus says "Founded in 2015, CERC has built their business into one of the fastest growing marketplaces in Brazil with a uniquely diverse set of offerings. CERC's innovative nature and execution power for diverse growth make them a fantastic client for Vermiculus as we value innovation and progressive ambition. With this collaboration, we will continue to deliver our mission-critical technology with uniquely flexible solutions based on our pioneering microservices and AI architecture."
Derayati adds, "By working with such a forward-thinking client, we are set to deliver a powerful and modern product that is made-to-measure, fully adaptable, and of the highest performance."
About CERC
Headquartered in São Paulo and founded in 2015 with employees throughout Brazil and the USA, CERC is a financial market infrastructure (FMI) operating in several economic sectors with several types of receivables. The company provides solutions that add transparency and security for analyzing, registering, and controlling property and settlement of financial assets, so that these assets can be more easily used as collateral for credit transactions.
CERC is the first cloud-native FMI specialized in receivables with an outstanding role in clearing (settlement registration and control) credit card receivables. It is Brazil's largest FMI by volume of processed transactions. One of CERC's main objectives is to centralize data from thousands of companies' financial assets to reduce the information asymmetry that restricts market growth and supply more credit to businesses.
About Vermiculus Financial Technology
Vermiculus Financial Technology provides cutting-edge trading, clearing and CSD solutions to market participants around the world. Vermiculus solutions are the first to bring together state-of-the-art advances in dynamic microservices architecture with vast experience in clearing house and exchange business requirements.
Vermiculus solutions radically improve robustness, quality, and flexibility by utilizing AI-driven microservices, and can achieve superior environmental performance, elastic scalability, and cost-efficiency through SaaS and cloud-based deployment.
The company started its operation in 2020 and is founded by industry experts with the incentive to revolutionize the technology of exchanges, clearing houses and CSDs. With its headquarters in Stockholm, Sweden, Vermiculus consists of hand-picked industry experts, trained to deliver mission-critical solutions. With decades of accumulated knowledge and expertise, the team has previously completed 75+ projects for the world's largest exchanges, clearing houses and CSDs.
For more information about Vermiculus and its product and service offerings, visit www.vermiculus.se or get in touch through info@vermiculus.se.
For further information, please contact:
Taraneh Derayati - CEO
Vermiculus Financial Technology
Tel +46-(0)73 634 56 26
taraneh.derayati@vermiculus.se
This information was brought to you by Cision http://news.cision.com
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SOURCE VermiculusFT | https://www.wibw.com/prnewswire/2022/06/07/cerc-chooses-vermiculus-clearing-solution-revolutionize-receivables-market/ | 2022-06-07T11:03:31Z |
SALT LAKE CITY, Aug. 25, 2022 /PRNewswire/ -- Whole30®, the leading 30-day personalized dietary program, is proud to announce the return of its 10th Annual Global September Whole30, an annual tradition where Whole30'ers are supported daily with free resources via digital and social community events and access to exclusive offerings from Whole30 Approved partners. This year, those who join the Whole30 will have the opportunity to build a support network, expand their horizons in the kitchen with new recipes, and embark on a personalized well-being journey.
For those unfamiliar with the program, Whole30 is not a weight loss diet, nor is it prescriptive long-term. Instead, it's a 30-day whole foods-based program that combines the benefits of an elimination diet with the science of behavior change, helping you determine which foods work best with your body and lifestyle. Rather than evaluating success by the scale or tape measure, Whole30 focuses on non-scale victories like improved mood, increased energy, better sleep, healthier digestion, and reduced cravings.
"At Whole30, we empower people to trust their own bodies and define health on their own terms. As you leave summer behind and return to a normal routine, September is the perfect time to reprioritize your health and habits and reconnect with your body and food," said co-founder Melissa Urban. "Our community is showing us they're eager to lean into our grounding, supportive practice, and I'm proud to be celebrating thirteen years of the Whole30 with them and for them."
Urban goes on to share mindset tips on how to make the most of your Whole30 to foster a deeper connection to yourself.
- Practice self-care: Prepare yourself for this journey with the Whole30 Dashboard, featuring free resources, recipes, meal planning tips, and shopping lists. Document your journey with companion books including the Whole30 Day-by-Day journal and five Whole30 cookbooks.
- Keep it simple: Prepare meals based on whole food ingredients and add flavor with a dressing or sauce. You'll find thousands of free Whole30 recipes on our website and @Whole30Recipes Instagram feed, where more than 1.5 million people gather to find Whole30 inspiration.
- Shortcut with partner brands: You don't have to make everything from scratch. Tap into partners like Thrive Market, Trifecta, Chipotle, or Made by Whole30 sauces and marinades for approved eats that can lighten your mental load and meal prep.
- Brush up on your boundaries: Use your Whole30 to practice setting and holding boundaries around your health and commitments, to improve your self-confidence and results.
- Celebrate your wins: Get inspired by hundreds of testimonials, and share your non-scale victories when your Whole30 is over. You can also download the free shareable Whole30 graphics and calendar to track your progress.
To connect with others and share your Whole30 journey, use #SeptemberWhole30 on Instagram. For more information on the Global September Whole30, visit whole30.com.
About Whole30®: Whole30, the leading nutritional reset, is a 30-day structured elimination program recognized by many dietitians and medical professionals as the gold standard for identifying food sensitivities. Focused on Non-Scale Victories (NSVs) rather than weight loss, the Whole30 offers life-changing physical, emotional, and mental improvements. The Whole30 was co-founded in 2009 by CEO Melissa Urban, a six-time New York Times bestselling author who has reshaped the health and wellness industry and created a fully integrated ethos to support the Whole30 community and beyond. The Whole30 Approved® trademark is licensed to more than 140 innovative health and lifestyle brands for its endorsement strength, community recognition, and persuasive purchasing power. In 2020, the brand debuted its Made by Whole30 line of salad dressings and dipping sauces made with ingredients that go beyond even the Whole30 standards.
The Whole30 brand's mission is to provide a program and community that empowers people to create positive and sustainable health changes. With a combined social media base of more than 4.4 million fans and followers, the brand's vision is to change lives everywhere, one Whole30 at a time. For more information, visit whole30.com.
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SOURCE Whole30 | https://www.wibw.com/prnewswire/2022/08/25/tenth-annual-global-september-whole30-focuses-self-care-inclusion-acceptance/ | 2022-08-25T16:22:49Z |
While the past couple of years have been trying, at best, it has given us time to recognize, reevaluate and, in some instances, readjust the undesirable patterns we’ve fallen into. One benefit to our altered lifestyle is it has increased outdoor activities, such as hiking, backpacking and camping.
Although getting fresh air and being more active is a good thing, there are a few risks involved with outdoor adventuring. If you’re new to backpacking, you will benefit from a few safety tips and gear recommendations.
Hiking vs. backpacking
It’s normal to categorize similar activities into the same broader categories. It helps keep things simple and organized. Drawing and painting are both artistic pursuits, for instance. However, each has its own specifics that make it unique. Just like hiking and backpacking.
Hiking
Hiking is a vigorous activity. You walk along trails and often challenging terrains for purposes such as exploring, communing with nature, getting away from the hustle and bustle, exercising or just relaxing. It can be done alone or in groups. And you can do it in a single day.
Backpacking
Backpacking is nearly the same thing as hiking. You do all the same things for all the same reasons. The critical difference with backpacking is it lasts more than a single day. Backpacking is a form of independent travel that involves carrying all of your provisions with you on your back. It doesn’t matter if you sleep in a tent in the middle of the wilderness or you plot a route that takes you to a new lodging each night, both are considered backpacking.
Benefits of backpacking
Besides being an economical way to explore the world around you, there are many health benefits to backpacking. According to the Mayo Clinic, just the act of walking (without a backpack) can help you maintain healthy body weight, strengthen your bones and muscles, increase your energy levels, elevate your mood, improve your balance and coordination, strengthen your immune system, reduce stress and more. Additionally, backpacking is an earth-friendly activity. If done conscientiously, you will leave a very small carbon footprint behind.
What to consider before backpacking
If you are new to backpacking, before embarking on your first journey, be sure your fitness level is suitable for the activity. Hiking a few miles in one day can leave you tired and achy. If you are backpacking, you will need to repeat this activity day after day.
Before attempting your first multiday trip, check in with your doctor to get the thumbs-up. Then devote some time to building up your stamina with daily walks. Also, in the beginning, consider mapping out a route that has minimal miles to travel between stops and is on relatively flat terrain. As your body adapts to the activity, you can plot more challenging trips.
Safety tips for backpacking
Before you leave
- Take a class. Consider taking a class or two on hiking, backpacking, wilderness survival, first-aid, or anything that will educate you on what to expect and what to do when backpacking.
- Plot a route. Create a detailed itinerary of how far you will travel each day, where you plan to stop to rest and what your final destination is.
- Inform others of your plans. Before leaving for your adventure, leave your detailed plans with someone who is not going backpacking with you.
- Check the weather. The weather is constantly in flux. Check before you travel to make sure you are prepared.
- Make a gear list. Don’t just hope you will remember everything you need to bring. Create a checklist days or weeks in advance to make sure you do not forget any essentials. Include all medications on that list, such as allergy pills or anything else you take daily.
- Pack a first-aid kit. Pack a comprehensive but compact first-aid kit.
- Bring bear spray. If you are backpacking through the wilderness, make sure to bring bear spray. It is the most effective way to stop an attack.
- Bring a physical map and a compass. If you lose service or power, having a physical map and a compass on hand (that you know how to read and use) can be a lifesaver.
- Create a backup plan. If there’s a problem, have a way out. This could be anything from an alternate route to packing an emergency beacon.
During your journey
- Backpack with a buddy. While it isn’t unheard of to backpack alone, whenever possible, do it with a friend.
- Stick to the plan. If you made a plan and informed others, stick to that plan. If you don’t, and something happens, you will be much more difficult to find.
- Stay away from poison ivy. Identify and avoid brushing against all plants, such as poison ivy, poison oak, and poison sumac, that have oils that cause an adverse reaction.
- Stay hydrated. Not staying properly hydrated can cause many problems, from headaches to fatigue and cramps. After three days, dehydration can become life-threatening.
- Stay fueled. Without fuel, you will run out of energy. Eat smart to keep your strength up.
- Be wary of strangers. While crime is rare on trails, it does happen. If you are alone, be cautious.
- Do not engage with wildlife. If you stumble upon an animal, in many cases, the best strategy is to not appear threatening and slowly back away. Do not run or startle the animal.
Best gear for backpacking
Hyperlite Mountain Gear 3400 Southwest 55L Backpack
This ultralight backpack has removable aluminum stays for rigidity. It is breathable, has a roll-top closure to keep out precipitation and has external pockets for items you need to access frequently.
Sold by Backcountry
Garmin inReach Mini 2 Compact Satellite Communicator
You want to be prepared for emergencies. This compact satellite communicator has two-way messaging, an SOS and TracBack routing, so you can always return to where you came from. In tracking mode, the battery can last up to 14 days.
Sold by Amazon
When you’re in trouble, you don’t want an adequate bear spray. You want the best. This canister sprays up to 40 feet for eight seconds at maximum strength. It comes with a quick-access holster, so the spray is always within reach.
Sold by Amazon
Cascade Mountain Tech Trekking Poles
These lightweight trekking poles are made of durable, aircraft-grade aluminum alloy. The cork handles add comfort, while the tungsten carbide tips provide secure trekking. Each 10.4-ounce pole extends from 26 to 54 inches.
Sold by Amazon and Dick’s Sporting Goods
Sawyer Products Squeeze Water Filtration System
Fresh drinking water is essential. This water filtration system ensures you will never run out as long as there is a nearby natural water source. It can filter out bacteria, protozoa and microplastics. It comes with a reusable 16-ounce, BPA-free collapsible pouch, two adapters, a straw and a syringe filter cleaner.
Sold by Amazon
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Allen Foster 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/camping-outdoors-br/backpacking-safety-tips-and-best-gear-for-enjoying-the-outdoors/ | 2022-05-07T13:26:02Z |
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