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NEW YORK, July 21, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of The Charles Schwab Corporation ("Charles Schwab" or the "Company") (NYSE: SCHW). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Charles Schwab Therapeutics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On July 2, 2021, Charles Schwab disclosed in a filing with the U.S. Securities and Exchange Commission ("SEC") that the Company "has been responding to an investigation by the [SEC] arising from a compliance examination" and that "[t]he investigation largely concerns historic disclosures related to the Schwab Intelligent Portfolios® (SIP) digital advisory solution. "Accordingly, Charles Schwab disclosed that "[g]iven the investigation's status, Schwab's second quarter 2021 financial results will include a liability and related non-deductible charge of $200 million."
On this news, Charles Schwab's stock price fell $2.03 per share, or 2.79%, to close at $70.77 per share on July 6, 2021, the next trading day.
Then, on June 13, 2022, the SEC announced that it "charged three Charles Schwab investment adviser subsidiaries" who "agreed to pay $187 million to harmed clients to settle the charges. "The SEC charged Charles Schwab with misleading investors that used its robo-adviser product, Schwab Intelligent Portfolios. Instead of the touted "disciplined portfolio construction methodology" that sought "optimal return[s]", Charles Schwab's "own data showed that under most market conditions, the cash in the portfolios would cause clients to make less money even while taking on the same amount of risk."
On this news, Charles Schwab's stock price fell $1.98 per share, or 3.18%, to close at $60.24 per share on June 13, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/07/22/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-charles-schwab-corporation-schw/ | 2022-07-22T01:02:35Z |
NEW YORK , May 22, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volta Inc. f/k/a Tortoise Acquisition Corp. II (NYSE: VLTA, VLTA-WT, SNPR) between August 2, 2021 and March 28, 2022, inclusive (the "Class Period"), of the important May 31, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Volta 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 Volta class action, go to https://rosenlegal.com/submit-form/?case_id=4819 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Volta had improperly accounted for restricted stock units issued in connection with the Business Combination; (2) Volta had understated its net loss for third quarter 2021; (3) there were material weaknesses in Volta's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, Volta would restate its financial statements; (5) Legacy Volta's founders would imminently exit the Company; (6) Volta's financial results would be adversely impacted; and (7) as a result of the foregoing, defendants' positive statements about Volta's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Volta class action, go to https://rosenlegal.com/submit-form/?case_id=4819 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/05/22/rosen-leading-law-firm-encourages-volta-inc-fka-tortoise-acquisition-corp-ii-investors-with-losses-secure-counsel-before-important-may-31-deadline-securities-class-action-vlta-vlta-wt-snpr/ | 2022-05-22T20:30:16Z |
NEW ORLEANS, Aug. 10, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Silverback Therapeutics, Inc. (the "Company") (NasdaqGM: SBTX) with ARS Pharmaceuticals, Inc. pursuant to which Silverback shareholders will end up owning just approximately 37% of the combined company, subject to certain adjustments. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-sbtx/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.kxii.com/prnewswire/2022/08/10/silverback-therapeutics-investor-alert-by-former-attorney-general-louisiana-kahn-swick-amp-foti-llc-investigates-merger-silverback-therapeutics-inc-sbtx/ | 2022-08-10T21:02:44Z |
Federal meteorologists are forecasting a record-shattering seventh straight unusually busy Atlantic hurricane season.
The National Oceanic and Atmospheric Administration predicted Tuesday that the summer in the Atlantic will produce 14 to 21 named storms, six to 10 becoming hurricanes and three to six turbo-charging into major hurricanes with winds greater than 110 mph. Even with normals shifting upwards to reflect more active storm seasons in recent decades, these predictions are above the 30-year average of 14 named storms, seven hurricanes and three major hurricanes.
The National Hurricane Center ran out of names for Atlantic storms in the last two years, with a record-setting 30 named storms in 2020 and 21 last year. In the past five years there have been more Category 4 and 5 hurricane landfalls in the United States than in the previous 50 years combined.
This hurricane season “is going to be similar to last year and given that you need only one bad storm to dramatically affect your life, if you fail to plan around this outlook, you’re planning to fail,” NOAA Administrator Rick Spinrad told The Associated Press Tuesday. “You can take this outlook to the bank literally when it looks to protecting your property.”
Every weather factor pointed to a busier season, said Matthew Rosencrans, lead hurricane season outlook forecaster for NOAA’s Climate Prediction Center. He pointed to a multi-decade long trend to more storms in the Atlantic, an active monsoon season in West Africa, a La Nina — the natural and occasional cooling of parts of the equatorial Pacific that changes weather worldwide — and warmer than normal ocean temperatures, which scientists say are stoked by climate change.
Several outside hurricane experts agree with NOAA that the Atlantic conditions are ripe for yet another active hurricane season. They say La Nina reduces wind shear that could decapitate storms. The warmer water — about half a degree warmer (0.3 degrees Celsius) than last year in storm-forming areas, according to Rosencrans — serves as hurricane fuel. A reduction in pollution particles in the air has taken away artificial cooling in the Atlantic and a new study links that to increasing storms.
Last week President Joe Biden also warned the nation about “another tough hurricane season” coming.
“We’re seeing these storms happen more frequently. They’re lasting longer,” FEMA Director Deanne Criswell said in a New York City press conference. NOAA says 13 people in the city died during Hurricane Ida with 11 of them dying in flooded basements. It is also the 10th anniversary of Superstorm Sandy, a downgraded hurricane that became one of the most expensive weather disasters in American history with massive flooding in New York.
“We’ve seen such a dramatic change in the type of weather events that could be seen as a result of climate change,” Criswell said.
NOAA said there’s a 65% chance for an “above-normal” hurricane season, a 25% chance for a normal season and only a one in 10 chance for an unusually quiet season.
One key indicator, that takes into account the number of storms, how strong they are and how long they last, is called Accumulated Cyclone Energy index or ACE and Rosencrans said this year could be as much as double what’s been normal since 1950. The calculation is used when determining what is an average season and what’s above average.
The average ACE since 1950 is just shy of 100, while the last six years have ranged from 132 to 225 in 2017.
That stretch of six straight above-average years is a record, smashing the old mark of three-in-a-row, said Colorado State University hurricane researcher and seasonal forecaster Phil Klotzbach. He said it is highly likely that the record will stretch to seven this year.
“It’s really a strange thing that we’ve had six consecutive seasons be so active,” said University of Miami hurricane researcher Brian McNoldy.
NOAA’s predictions mesh with ten o ther meteorological teams — government, university and private — that have made their hurricane season predictions. The average of their predictions is 20 named storms, eight becoming hurricanes and four becoming major hurricanes.
Because La Nina has a different effect in the Pacific and conditions usually are opposite, earlier this month NOAA predicted a quieter than normal Pacific storm season.
Atlantic hurricane season starts June 1.
___
Follow AP’s climate coverage at https://apnews.com/hub/climate
___
Follow Seth Borenstein on Twitter at @borenbears
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content. | https://cw33.com/news/science-technology/ap-science/stormy-repeat-noaa-predicts-busy-atlantic-hurricane-season/ | 2022-05-25T08:07:00Z |
BEIJING, Sept. 5, 2022 /PRNewswire/ -- A news report from China.org.cn on Chongqing's mountain fire and the greatness of the ordinary people:
This video you see was filmed just several days ago in Chongqing, China.
The red captures the blazing forest mountain fires, while the light blue emanates from the headlamps of all those walking towards the fire.
Chongqing, a metropolis in south-west China, is aptly dubbed the "mountain city". So much of the city is built on the mountains that it's hard to distinguish between the two. The scorching heat in late August set alight mountain fires across multiple spots in Chongqing. Some of the fires lasted for days, and in order to prevent them from rampaging to residential areas, fire fighters immediately got down to business.
The mountains, home to dense forests and perilous slopes, render them virtually impassable to automobiles. In such case, motorcycles are the most ideal option for carrying goods and personnel to the frontline. On hearing this, motorcycle dealers, motorcycle lovers, or even delivery drivers lined up to volunteer. Ding Yuncong, a fresh college graduate who claims himself to be "a lazy heat-fearing" guy, joined the volunteers without the slightest hesitation. Lacking a luggage rack on his motorbike, Ding carried all the goods on his shoulder. 25-year-old female rider Wu Puhui is an experienced motorcyclist. She rode up the mountain several dozen times every day, carrying more than 40 kilos of goods. The red bow she tied on her helmet adds a vivid spectacle to the dusty mountain paths. After a few days of volunteering, many motorbikes were worn out and needed repair. The owners, who have always cherished their motorbikes, did not say a single word of complaint.
While the motorcyclists kept the lifeblood of supplies running, many others did not sit around idly. Francis Stonier, an associate professor at Southwest University, responded quickly when he learned that experienced chainsaw users were needed. Together with other volunteers, he assembled 50 chainsaws on short notice. He said Chongqing is also his home. A restaurant owner in Chongqing provided food for frontline firefighters, and when preparing the food, she kept telling her staff to "pack more meat" for them. Firefighters who went downhill after fighting the flames took a rest at a villager's courtyard, and some were so tired that they fell asleep on the ground. The 95-year-old owner felt great sympathy and cooked porridge for them. She said: "I just want to feed these kids." Helping with fire-fighting, patrolling, creating fire breaks, transporting supplies, coordinating, logistical support… People despite their age, gender or origin, devoted themselves to these challenging tasks. They are all just ordinary people. But in the face of devouring fires, the love and selflessness that come from within has made every ordinary person a hero.
All the mountain fires in Chongqing have now been put out. In the wake of this disaster, locals are planning to plant new trees to rejuvenate the mountains in Chongqing next spring.
China Mosaic
http://www.china.org.cn/video/node_7230027.htm
Walking towards fire Everyday citizens, also heroes
http://www.china.org.cn/video/2022-09/05/content_78405464.htm
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SOURCE China.org.cn | https://www.mysuncoast.com/prnewswire/2022/09/05/walking-towards-fire-everyday-citizens-also-heroes/ | 2022-09-05T14:09:06Z |
SACRAMENTO, Calif., June 3, 2022 /PRNewswire/ -- EVENT: On Monday, June 6, 2022 from 12 pm - 2 pm on the west side of the State Capitol in Sacramento, California (1305 10th Street), the Union of American Physicians and Dentists (UAPD) and other organizations will be holding an event to call attention to the plight of incarcerated and institutionalized mentally ill people, who lack access to basic psychiatric care.
In addition to public-sector psychiatrists, invited speakers include state legislators, advocacy agencies for inmates and the mentally ill, and affected family members. Participants will be marching near the capitol with picket signs.
THE ISSUE: In California there are nearly a hundred thousand prison inmates and 5,700 state mental hospital patients who need psychiatric care, and not nearly enough psychiatrists on hand to treat them. It's creating a hidden crisis inside these institutions, which spills over into California communities as inmates and patients are released.
Early this year, there was a 52% vacancy rate for civil service psychiatry positions in the California state hospitals and a 48% vacancy rate for those positions in state prisons. Five of the California State Prisons had no psychiatrists on staff at all.
As a result, many patients and inmates go without desperately needed care. There are instances of patient suicide and self-mutilation in these institutions that would have been prevented with timely access to psychiatrists. In one horrific case that was described in court documents, an inmate in a state of acute psychosis gouged out her own eye then ate it. The report by Dr. Michael Golding1, who at the time was the chief psychiatrist for the prison system, stated that multiple subsequent psychiatrists who heard about this event agreed that medications had been needed, but there was no psychiatrist in the facility or on-call to write the prescription.
The State of California has been less than transparent about these problems. Year after year, the State has put a band-aid over the psychiatrist shortage by hiring temporary, privately contracted psychiatrists, paying up to $390 per hour, which is more than double what civil service psychiatrists are paid. These contract psychiatrists, several of whom make over $100,000 per month, cost California taxpayers about a hundred million dollars a year in total. The quality of psychiatric care suffers because of the on-again-off-again nature of these contract workers, as well as the long hours they are allowed to work. One contract psychiatrist working in a California prison made $130,000 in June 2021 by combining 480 hours of work with 170 hours of on-call time – that is equivalent to working more than 16 hours a day for all 30 days in June then being on-call an additional 5 hours per day.
The California Department of Corrections (CDCR) and the Department of State Hospitals (DSH) need to immediately step up their efforts to recruit and retain more onsite civil service psychiatrists. A coalition of organizations and the union that represents State psychiatrists has asked the legislature for a modest budget augmentation to hire enough civil service psychiatrists to meet the legally-mandated standard of care.
1 REPORT of MICHAEL GOLDING, 10-31-2018
Contact: Sue Wilson, 510-926-0408, communications@uapd.com
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SOURCE Union of American Physicians and Dentists | https://www.mysuncoast.com/prnewswire/2022/06/03/mental-health-madness-california-refuses-provide-psychiatric-care-those-needing-it-most/ | 2022-06-03T14:42:45Z |
LOS ANGELES, June 3, 2022 /PRNewswire/ -- From North America to Asia, Europe to Africa, and nearly every corner of the planet, global superstar Kenny Rogers touched millions of people all over the world with his music for more than six decades. This was especially true in Jamaica as generations of Jamaicans, whose love of country music dates back to the 1950s when the Caribbean nation's first commercial radio station arrived in Kingston bringing with it an eclectic mix of country, pop, R&B, classical and more, grew up on Rogers' music, a staple on the radio as well as a fixture on the island's sound systems. Since the '70s, Rogers' songs have been covered by reggae and dancehall artists like Delroy Wilson & Jennifer Lara, Busy Signal, Sister Nancy and many others. Rogers himself collaborated with Wyclef Jean on a dub plate version of his beloved song "The Gambler," which helped Jean's Refugee Sound System win one of Jamaica's most popular soundclashes in 2000. The song was featured on Jean's album, The Ecleftic – 2 Side II A Book, later that year as "Kenny Rogers – Pharoahe Monch Dub Plate."
To celebrate Jamaica's love for Kenny Rogers and to bridge country and reggae music, two seemingly different genres with many common threads and a fascinating intertwined history, the legendary Sly Dunbar of the acclaimed reggae rhythm section, Sly & Robbie and The Taxi Gang, has created a reggae mix of "The Gambler," one of the world's best known American country songs. For his inspired reinterpretation, and the first-ever officially sanctioned reggae remix of a Kenny Rogers song, Dunbar, who along with the late bassist Robbie Shakespeare were one of the most prolific musical duos and production teams – estimated to have played on or produced more than 200,000 tracks, from countless reggae artists to The Rolling Stones, Grace Jones, Bob Dylan, No Doubt and Paul McCartney – kept Rogers' original vocal and the track's lead guitar and had his band re-record the music like it was a 1978 recording session with Peter Tosh. The end result is a song that pays homage to Rogers' influence on Jamaican music while creating a new version filled with tropical beach vibes that will serve as the perfect soundtrack for summertime, family road trips, poolside hangs, tiki bar singalongs and a great addition on playlists alongside "Three Little Birds," "Margaritaville" and "It's Five O'Clock Somewhere." "The Gambler (Sly's TAXI Gang Remix)" is available now on all streaming and download services.
Stream/Share "The Gambler" (Sly's TAXI Gang Remix)
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"I am a great fan of Kenny Rogers so when I got the call to do this remix for 'The Gambler' I couldn't believe it and thought wow this should be great for me because most of his songs have this kind of reggae kind of twist, country and western has this kind of reggae feel to it," said Sly Dunbar from Sly & Robbie and the Taxi Gang. "Everyone in Jamaica listens to a lot of country and western, especially Kenny Rogers. The people know his songs and when he came to Jamaica to perform the people were singing all his songs. I enjoyed doing this remix and want to say thanks to the Kenny Rogers Estate for giving me the opportunity to create a reggae remix for this legendary song."
Despite Jamaica's love for Rogers, it wasn't until "The Gambler" performed in the country for his first time in January 2004 at the Air Jamaica Jazz & Blues Festival that he found out how truly popular he was there. "We just assumed it was a show, until it took us four hours to get from our hotel to the concert because so many people were walking to the venue," Rogers said. "I never assume people know my music, [but] they knew every word. [It was] one of the most fun performances I've ever done. Jamaicans live music, they don't just listen to it." So overwhelmed by the response he received, Rogers returned for an encore performance later that year in Kingston in November at King's House, the official residence of the Governor-General of Jamaica, drawing an enormous crowd. As the rave review in the Jamaica Gleaner exclaimed, "Kenny Rogers could have been a coward – or at least played it safe – at King's House on Thursday night. Instead, he gambled and won jackpot after jackpot of applause from the huge crowd gathered on the lawns of the Governor-General's residence for 'One Night Only'."
Rogers fell in love with the island and its people who welcomed him with open arms and would return for additional concerts and several vacations over the years. Upon hearing the news of his death, the Prime Minister of Jamaica, Andrew Holness, sent his condolences: "I pause to acknowledge the passing of one of the greatest singers and performers of our time, Kenny Rogers. Like many Jamaicans, I grew up listening to his 'story telling to music' country and western hits in the 70s and 80s. My favorite was 'Coward of the County' and '[The] Gambler.' May his soul Rest In Peace."
Country music has long been embraced by Jamaica, from being some of the first music to be played on the country's first commercial radio station, Radio Jamaica Rediffusion – aka RJR, to Jamaica's love of Westerns and cowboy movies, which inspired the names of many dancehall artists. After hearing Claude Gray's 1961 country hit, "I'll Just Have Another Cup Of Coffee (Then I'll Go)," Bob Marley reinterpreted the song in 1962 for his second single "One Cup Of Coffee." Years later Marley gave Darrell Glenn's "Crying In The Chapel" a makeover as "Selassie Is The Chapel." In 1963, the Skatalites covered Johnny Cash's "Ring of Fire" as an instrumental, leading the way for a tradition of ska and reggae-tinged instrumental versions of country hits. In 1972, Toots & The Maytals released their reggae take on John Denver's "Take Me Home, Country Roads," transporting the song from West Virgina to West Jamaica. Almost as soon as Kenny Rogers' music made its way to the Caribbean, reggae and dancehall artists began to pay tribute with their own covers, which continues to this day.
Originally written by Don Schlitz, "The Gambler" hit #1 on the Billboard Country singles chart in 1978 for three weeks. The song was so successful and popular that it also spawned a TV movie on CBS, starring Rogers himself in the title role. The film was a smash hit on the airwaves and generated four other follow-ups, making it the longest running miniseries franchise on television. It also was the beginning of Rogers' second career as an actor on television and movies.
In a career that spanned more than six decades, Kenny Rogers left an indelible mark on the history of American music. His songs have endeared millions of music lovers around the world. Chart-topping hits like "The Gambler," "Lady," "Islands In The Stream," "Lucille," "She Believes In Me," and "Through the Years" are just a handful of Kenny Rogers' songs that have inspired generations of artists and fans alike. Rogers, with twenty-four number-one hits, was a Country Music Hall of Fame member, six-time CMA Awards winner, three-time GRAMMY® Award winner, recipient of the CMA Willie Nelson Lifetime Achievement Award in 2013, CMT Artist of a Lifetime Award honoree in 2015 and has been voted the "Favorite Singer of All Time" in a joint poll by readers of both USA Today and People.
Kenny Rogers is now on TikTok: https://www.tiktok.com/@kennyrogersofficial
Website – https://kennyrogers.com/
Instagram – https://www.instagram.com/_kennyrogers
Facebook – https://www.facebook.com/KennyRogersOfficial
Twitter – https://twitter.com/_KennyRogers
YouTube – https://youtube.com/c/KennyRogersOfficial
TikTok – https://www.tiktok.com/@kennyrogersofficial
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SOURCE UMe | https://www.mysuncoast.com/prnewswire/2022/06/03/reggae-legend-sly-dunbar-sly-amp-robbie-creates-first-ever-officially-sanctioned-reggae-remix-kenny-rogers-classic-gambler/ | 2022-06-03T14:43:59Z |
NEW YORK, June 20, 2022 /PRNewswire/ -- Attention Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. ("Li-Cycle") (NYSE: LICY) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 16, 2021 and March 23, 2022.
If you suffered a loss on your investment in Li-Cycle, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Li-Cycle includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Li-Cycle's largest customer, Traxys, is not actually a customer, but merely a broker providing working capital financial to the Company while Traxys tries to sell Li-Cycle's product to end customers; (2) the Company engaged in highly questionable related party transactions; (3) the Company's mark-to-model accounting is vulnerable to abuse and gave a false impression of growth; (4) a significant portion of the Company's reported revenues were derived from simply marking up receivables on products that had not been sold; (5) the Company's gross margins have likely been negative since inception; (6) the Company will require an additional $1 billion of funding to support its planned growth (which is a figure greater than the Company raised via the merger); and (7) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
DEADLINE: June 20, 2022
Aggrieved Li-Cycle investors only have until June 20, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/06/20/class-action-alert-law-offices-vincent-wong-remind-li-cycle-investors-lead-plaintiff-deadline-june-20-2022/ | 2022-06-20T11:10:45Z |
ATLANTA (AP) — Tuesday’s election in Georgia marked the biggest test yet of new voting restrictions enacted by Republicans in one of the nation’s most important battleground states as voters decide hotly contested primary races for governor and the U.S. Senate.
Election officials, poll workers and voters navigated new rules put in place by the GOP-controlled Legislature and Republican governor after the 2020 presidential election amid a concerted effort by former President Donald Trump to cast doubt on his loss with unsubstantiated claims of fraud.
They added restrictions to mail voting, limited drop boxes and changed rules that could make it harder for voters who run into problems on Election Day to have their ballots counted. That’s despite no evidence of widespread fraud that would have changed the results of the 2020 presidential election in Georgia, a state that Democrat Joe Biden won by about 11,800 votes.
Voting groups were watching for long lines, voter confusion, problems with voting equipment or any other hitch that could hinder voters from casting their ballots. By early afternoon, no major or systemwide issue had been reported in Georgia. There were sporadic reports of polling locations opening late, minor equipment troubles and some voters finding themselves at the wrong voting location.
Election Day capped a record-setting early voting period in Georgia. Nearly 860,000 ballots had been cast through Friday, the majority of which were done in-person as opposed to mail. State election officials said the early turnout marked a 168% increase from the 2018 primary and a 212% increase from 2020.
Republicans have touted the early voting numbers as evidence that the Georgia elections law, known as Senate Bill 202, has not harmed voters.
“Now we are seeing the hard evidence that as we all knew, the hysteria was never based on fact to begin with,” Senate Minority Leader Mitch McConnell, R-Ky., said on the Senate floor Tuesday. “Shame, shame on the Democrats who pushed the big lie that a grand scheme was afoot to prevent millions of Americans from voting. It was never true.”
Since primaries tend to draw more experienced voters, it may be too soon to draw any sweeping conclusions about the effects of the Georgia law. In the fall, more first-time and infrequent voters — those who are more likely to encounter challenges at the polls — will be casting ballots.
Georgia’s primary also was expected to draw far higher turnout among Republicans because of the closely contested GOP contests for governor, U.S. Senate and secretary of state. Democrats running for governor and U.S. Senate were uncontested.
“That voters have been able to overcome these restrictions does not change the fact that SB202 places cumbersome, confusing and — in some cases — inhumane barriers to the ballot box,” said Sophia Lin Lakin, deputy director of the ACLU’s Voting Rights Project. “Nothing I have seen so far has changed the fact that Georgia could have celebrated the historic turnout we saw in 2020 and made voting more accessible.”
Georgia was among three states, along with Alabama and Arkansas, holding regular primaries Tuesday. Texas has runoff elections for the GOP primary for attorney general and for a Democratic congressional seat, while Minnesota is holding a special primary for the seat of former Republican U.S. Rep. Jim Hagedorn, who died in February.
Georgia —- along with other states that have held early primaries — has seen a dramatic decline in the use of mailed ballots since the record numbers reported in 2020 at the height of the COVID-19 pandemic, when voters were seeking alternatives to crowded polling places.
Election officials in Atlanta’s Fulton County credited the large number of early voters with a relatively smooth Election Day morning. Some 91,000 voters in the heavily Democratic county had voted either by mail or in-person during the state’s early voting period.
“I have not heard of any long lines at this point,” Nadine Williams, interim director of registration and elections, told reporters. “The bulk of the voters came out for advance voting.”
The new Georgia elections law made several changes. It made it harder to request a mail ballot by shortening the period voters can apply for one and added new ID requirements to the applications and the ballot itself. Voters could request a ballot online two years ago, but now they must print or obtain a paper form, sign it in ink and send it in by mail, email or fax. Trump’s unsubstantiated attacks on mailed ballots also have taken a toll on voter confidence.
As of Monday, about 72,000 mail ballots had been returned out of nearly 97,000 requested by Georgia voters. About 1,300 applications were rejected for arriving past the new, earlier deadline, or about 1.4% of all applications submitted. Those voters, if able, can still vote in person on Tuesday.
Texas primary voters in March were tripped up by new identification requirements, resulting in an abnormally high rate of mail ballot rejections. Lawmakers in Alabama and Arkansas also shortened the period for those requesting absentee ballots.
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Associated Press writer Alan Fram in Washington contributed to this report. | https://cw33.com/news/politics/ap-politics/georgia-voters-navigate-rules-passed-after-2020-election/ | 2022-05-24T19:26:00Z |
GARDEN CITY, N.Y., Aug. 9, 2022 /PRNewswire/ -- Stratos Wealth Partners (Stratos), a Stratos Wealth Holdings company, is pleased to welcome Paul C. Serie and his firm, Serie Wealth Advisory.
Formerly with TIAA-CREF Wealth Management, Serie provides advice and solutions to individuals and families in the academic and medical fields.
"I saw an opportunity to partner with Stratos, a strong, fast-growing RIA Firm that will enable me to execute much more efficiently for my clients. Big corporations are losing sight of what is important to serve client needs," said Paul Serie, Owner and Advisor. "Serie Wealth Advisory now can utilize a multi-custodial platform, provide tax efficient investing/transfers from their current holdings and a variety of managed strategies that re-balance client assets based on the risk tolerance and market volatility."
Managing Partner with Stratos, Michael O'Brien, said, "Upon first meeting Paul, I immediately gained insight into his entrepreneurial spirit and dedication to clients. The best part is that we get to help Paul achieve his vision for Serie Wealth Advisory – to provide comprehensive, personalized advice to clients and be present for the long-term as individuals and families grow and evolve."
"I am thrilled that we are attracting top talent like Paul to our organization," said Jeff Concepcion, CEO, and Founder of Stratos. "We believe advisor talent like Paul belongs in a creative and independent environment like Stratos. We look forward to supporting Paul's rapid growth and continued success."
Serie Wealth Advisory will operate out of Stratos' established branch office in Garden City, New York.
About Stratos Wealth Partners
Stratos Wealth Partners, Ltd., an SEC Registered Investment Advisor, manages over $10.1 billion in advisory assets, and advises through LPL Financial, over $7.1 billion in brokerage and third party managed assets for a total of $17.2 billion as of June 30, 2022. Stratos offers operational, strategic and revenue-generating resources, as well as, a reliable infrastructure allowing advisors the flexibility to develop and grow his/her own business. Since its founding, Stratos has grown to 275 independent advisors, has over 60 home office staff, and is located throughout the U.S. in over 87 locations.
Securities offered through LPL Financial, Member FINRA & SIPC. Investment advisory services offered through Stratos Wealth Partners, Ltd, a registered investment advisor. Serie Wealth Advisory and Stratos Wealth Partners are separate entities from LPL Financial.
Media Contact:
Kevin Elvington
(440) 505-5608
stratoswealth.com
kelvington@stratoswp.com
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SOURCE Stratos Wealth Partners | https://www.mysuncoast.com/prnewswire/2022/08/09/serie-wealth-advisory-launches-into-independence-with-ria-giant-stratos-wealth-partners/ | 2022-08-09T15:21:05Z |
NEW YORK, May 25, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lucid Group, Inc..
Shareholders who purchased shares of LCID during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Lucid common stock between November 15, 2021, and February 28, 2022, inclusive.
ALLEGATIONS: The filed complaint alleges that defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Lucid's business and operations. Specifically, the Company overstated its production capabilities while concealing that "extraordinary supply chain and logistics challenges" were hampering Lucid's operations. As a result of the defendants' wrongful acts and omissions, and the significant decline in the market value of Lucid's common stock, Lucid investors have suffered significant damages.
DEADLINE: May 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/lucid-group-inc-loss-submission-form/?id=27632&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LCID during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 31, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/05/25/shareholder-alert-gross-law-firm-notifies-shareholders-lucid-group-inc-class-action-lawsuit-lead-plaintiff-deadline-may-31-2022-nasdaq-lcid/ | 2022-05-25T11:38:15Z |
Leading Ready-to-Drink Cocktail Brand Introduces Jalapeño Lime & Pink Lemonade Infused Tequilas Crafted From 100% Blue Weber Agave
LAS VEGAS, Aug. 10, 2022 /PRNewswire/ -- Rancho La Gloria, the largest wine-based ready-to-drink alcoholic beverage brand, today announced its expansion into the spirits category with the launch of premium Infused Tequilas. Available in two refreshing flavors, Jalapeño Lime and Pink Lemonade, Rancho La Gloria Infused Tequila offers a distinctive and delicious drinking experience for tequila lovers across all borders.
Like all Rancho La Gloria products, the premium blanco tequilas are crafted from 100% Blue Weber Agave. It is then infused and bottled at 35% ABV, to deliver an exceptional spirit that celebrates culture, family and innovation. Pink Lemonade Infused Tequila features notes of lemon zest and sweet meyer lemon. The lemon notes are heightened by hints of ripe berry and lemon blossom and finished with layers of clean agave and bright citrus. Jalapeño Lime Infused Tequila packs a punch with flavors of freshly sliced jalapeño balanced by juicy key lime and zesty lime peel with notes of roasted agave and the perfect amount of heat.
Infused Tequilas join the brand's award-winning portfolio of agave-based bottled cocktails, with both flavors already touting their own accolades, earning top scores and medal wins from highly accredited industry competitions, including: Ultimate Spirit Challenge, Denver International Spirits Competition, New York International Spirits Competition and Chilled 100 Spirits Awards.
"At Patco Brands, we have a bold vision for the future of agave and with tequila continuing to dominate as a top 3 spirit in the category for U.S. drinkers, we saw an opportunity to innovate and expand our portfolio," said Joey Parris, CMO of Patco Brands. "Whether in a cocktail or sipped on its own, our infused tequilas offer consumers a fun approachable spirit that is authentically unique and we're thrilled to share this creation with the world."
Rancho La Gloria Infused Tequilas can now be found at retailers throughout the U.S. Rolling out in select markets for $29.99 per 750mL bottle, both flavors will initially be available in 12 states–AZ, CA, CT, IL, IN, MA, MO, MN, NE, NJ, NY, NV, TX– with additional distribution slated for CO, DE, FL, HI, KS, LA, PA, OK, RI, TN, WA, WI in 2022. For more information, visit RanchoLaGloria.com and follow along on Instagram @DrinkRancho.
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Launched in 2010, Rancho La Gloria offers an array of premium, agave-based alcoholic beverages, including infused tequilas, ranch water and canned, bottled and frozen cocktails. All Rancho La Gloria products are made with 100% Blue Weber Agave, real lime juice and premium ingredients, and adds a subtle twist to the classic recipe with natural flavors. Paying homage to the iconic margarita cocktail enjoyed around the world, Rancho La Gloria serves up a variety of twists on its classic original including modern takes on the Peach and Watermelon Margarita. A growing go-to and beloved favorite amongst tequila and margarita enthusiasts, as well as ready to drink fans, Rancho La Gloria is one of the top performing RTD brands in focus markets around the US. Website: www.rancholagloria.com | Instagram: @DrinkRancho
MPL Brands NV is a privately held import, distribution, marketing and sales company for innovative premium alcohol beverages. Dedicated to making award winning, ready-to-drink wine-based products, tequilas, hard seltzers and other ready-to-drink offerings, the MPL mission is innovation, quality and consistency. For more information, please visit rancholagloria.com
Media Contact
Kim Bizenov
rancholagloria@powerdigital.com
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SOURCE MPL Brands NV, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/10/rancho-la-gloria-expands-into-spirits-category-with-premium-infused-tequilas/ | 2022-08-10T14:07:49Z |
DENVER, April 7, 2022 /PRNewswire/ -- DaVita Inc. announced today that its board of directors appointed a new independent director, Jason M. Hollar, to join the board, effective May 6, 2022.
Mr. Hollar brings more than 25 years of financial experience spanning the health care, transportation, manufacturing and retail sectors to the board. Mr. Hollar currently serves as chief financial officer of Cardinal Health, Inc., a globally integrated health care services and products company with over $160 billion in 2021 revenues. Mr. Hollar leads financial activities across the Cardinal Health enterprise, including financial strategy, capital deployment, treasury, tax, investor relations, accounting and reporting.
"Jason brings a wealth of financial and operational experience to our board that will help us continue to execute on our strategy to transform kidney care," said Javier Rodriguez, CEO of DaVita Inc.
Before joining Cardinal Health, Inc. in 2020, Mr. Hollar served as chief financial officer for Tenneco Inc., a global automotive products and services company, and as chief financial officer for the Sears Holdings Corporation. Prior to that, he served in senior leadership positions at Delphi, Inc. and Navistar International Corporation.
Mr. Hollar earned his Master of Business Administration from the University of Chicago and his Bachelor of Science degree in business from Indiana University.
"DaVita's unwavering commitment to its patients, partners and teammates, combined with its drive to transform kidney care, reinforced my decision to join this team," said Mr. Hollar. "I look forward to sharing my perspective and incorporating my financial expertise as DaVita continues to execute its innovative strategy."
Mr. Hollar will serve on the Audit Committee of DaVita's board.
"We're excited to welcome Jason to our board," said Pamela Arway, independent chair of the DaVita Inc. board of directors. "The expertise Jason has cultivated throughout his career will help DaVita continue to grow and lead the kidney care transformation."
With the addition of Mr. Hollar, the DaVita board comprises 10 highly qualified directors, with 30% racial/ethnic and 40% gender diversity.
To learn more about DaVita and its board of directors, visit DaVita.com/About.
About DaVita Inc.
DaVita (NYSE: DVA) is a comprehensive kidney care provider focused on transforming care to improve the quality of life for patients globally. The company is one of the largest providers of kidney care services in the U.S. and has been a leader in clinical quality and innovation for more than 20 years. DaVita is working to help increase equitable access to care for patients at every stage and setting along their kidney health journey—from slowing progression of kidney disease to streamlining the transplant process, from acute hospital care to dialysis at home. As of December 31, 2021, DaVita served 203,000 patients at 2,815 outpatient dialysis centers in the U.S. The company operated an additional 339 outpatient dialysis centers in ten countries worldwide. DaVita has reduced hospitalizations, improved mortality and worked collaboratively to propel the kidney care community to adopt an equitable, high-quality standard of care for all patients, everywhere. To learn more, visit DaVita.com/About.
Investor Contact Information
Jim Gustafson
Jim.gustafson@davita.com
310-536-2585
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SOURCE DaVita | https://www.wibw.com/prnewswire/2022/04/07/davita-announces-jason-m-hollar-join-its-board-directors/ | 2022-04-08T02:47:29Z |
World's largest cruise company provides updates on its 2030 goals and 2050 aspirations, reflecting progress across environmental, social and governance focus areas
Report details key initiatives from the company and its nine cruise line brands, focusing on advancing six focus areas guiding the company's long-term sustainability vision, execution and performance
MIAMI, July 13, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK), the world's largest cruise company, today released its 12th annual sustainability report, detailing the key initiatives and progress made in 2021 toward its 2030 sustainability goals and 2050 aspirations.
Titled "Sustainable from Ship to Shore," the 2021 Carnival Corporation sustainability report was developed in accordance with the widely recognized Global Reporting Initiative (GRI) standard and again incorporates two additional disclosure frameworks, the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD). The full report is available on the company's sustainability website at www.CarnivalSustainability.com.
Following the achievement of its 2020 sustainability goals, Carnival Corporation introduced its sustainability goals for 2030 and aspirations for 2050, which incorporate six focus areas that align with key United Nations' Sustainable Development Goals. These areas include climate action; circular economy; sustainable tourism; good health and well-being; diversity, equity and inclusion; and biodiversity and conservation.
The company's latest report provides updates on current sustainability initiatives and efforts supporting its long-term sustainability vision and commitments under these focus areas, including the company's 2030 commitments to reduce carbon emission intensity and aspirations to achieve net carbon-neutral ship operations by 2050.
The company has updated the baseline year for its 2030 carbon intensity reduction goals to 2019 from its initial 2008 baseline, measured in both grams of CO2e per ALB-km and kilograms of CO2e per ALBD. Both 2030 carbon intensity reduction goals now require a 20% improvement from 2019. With the updated baseline year, the company strengthened its goal measured in kilograms of CO2e per ALBD since the initial 2030 goal would only have required a further 15% reduction from 2019 levels. Its goal measured in grams of CO2e per ALB-km remains the same. This new baseline year will help the company better communicate recent progress against its climate goals to its investors and stakeholders as well as modernize its disclosures in alignment with developing best practice and reporting standards.
"Thanks to the dedication, support and proactive efforts of our entire global team, ship and shore, we continue to make strong progress in advancing our sustainability program across our six focus areas," said Arnold Donald, CEO and chief climate officer for Carnival Corporation. "This effort includes our deep commitment to climate action and sustaining positive momentum toward achieving our carbon reduction goals for 2030, while working to be part of the solution to establish a path to net carbon-neutral cruising over time."
Added Bill Burke, chief maritime officer for Carnival Corporation: "At Carnival Corporation, our highest responsibility and top priority is always compliance, environmental protection, and the health, safety and well-being of our guests, the people in the communities we touch and serve, and our shipboard and shoreside personnel. This commitment has guided our sustainability journey and approach over time throughout all aspects of our global operations as we continue to progress our environmental, social and governance focus areas each year."
KEY HIGHLIGHTS OF THE CARNIVAL CORPORATION 2021 SUSTAINABILITY REPORT
The latest annual sustainability report showcases that the company is on track to meet its targets for 2030, while increasing initiatives to support its aspirations for 2050. Detailed below are key highlights and progress made through the end of 2021 under its six focus areas.
Climate Action
Carnival Corporation remains focused on decarbonization. The company and its brands are committed to continuing to reduce carbon emission intensity and have long-term aspirations to achieve net carbon-neutral ship operations by 2050. To achieve these goals, the company supports the adaptation of alternative fuels and is testing new technologies as they become available, developing and installing advanced air quality systems, and partnering with various organizations and stakeholders to support and accelerate its decarbonization efforts. 2021 sustainability highlights under the climate action focus area include:
- Carbon Emission Goal: Carnival Corporation remains on track to achieve a 20% carbon intensity reduction by 2030 relative to its 2019 baseline, measured in both grams of CO2e per ALB-km and kilograms of CO2e per ALBD. To reaffirm and strengthen its initial carbon intensity reduction goals for 2030, the company has updated the baseline year for both goals to 2019 from a 2008 baseline.
- Shore Power: As of the end of 2021, 46% of the company's fleet was equipped with shore power capabilities, enabling ships to use shoreside electric power where available while in port.
- Liquefied Natural Gas (LNG): As part of its goal to expand its LNG program, the company introduced additional LNG ships to the fleet in 2021, for a total of six cruise ships currently in operation with the ability to be powered by LNG.
- Advanced Air Quality Systems (AAQS): As of the end of 2021, 90% of the fleet (excluding LNG ships) was equipped with AAQS, capable of removing nearly all sulfur from exhaust, enabling cleaner air emissions at port and at sea with no negative impact to the marine environment.
- New Technologies: The company is investing in a first-of-its-kind lithium-ion battery storage system, installing hull air lubrication systems, testing fuel cells powered by hydrogen derived from methanol, and exploring carbon capture and storage.
Circular Economy
As the world shifts towards a circular economy model where materials flow around a "closed loop" system, Carnival Corporation and its brands are also shifting how the company works with its supply chain partners to reduce waste. 2021 highlights under the circular economy focus area include:
- Reducing Single-Use Plastics: Achieved goal of reducing single-use plastic items by 50%, despite the pandemic and the need to continue using many of these type of items for public health and sanitation purposes.
- Food Waste Reduction: Achieved a 24% food waste reduction per person in 2021, making great progress toward its 2022 goal of a 30% food waste reduction per person and its 50% food waste reduction per person by 2030.
- Biodigesters: As of the end of 2021, the company completed the installation of over 500 biodigesters throughout its fleet, in support of ongoing food waste management efforts.
- Advanced Waste Water Treatment Systems (AWWTS): Carnival Corporation remains on track to achieve its goal of increasing AWWTS coverage to over 75% of its fleet capacity, with 59% coverage of its fleet capacity as of the end of 2021.
Good Health & Well-Being
Providing a safe environment and working conditions for all employees, and all others working on the company's behalf, is at the core of all operations for Carnival Corporation and its brands. As part of this commitment, Carnival Corporation remains focused on expanding its well-being programs to support the physical and mental health of its employees, encouraging social connectivity with family and friends, and promoting a balanced lifestyle. Health and well-being efforts in 2021 include:
- Employee Outreach and Well-Being: Increased focus on employee outreach and wellness, as it relates to the unique needs of shoreside and shipboard employees.
- Job Creation: Increased the number of employees on board a number of its ships from reduced levels during the pause in guest cruise operations, in addition to opening a significant number of shoreside positions.
- Company Culture Metrics: As part of its ongoing effort to establish measurable company culture metrics and set annual improvement targets, in 2021 the company continued an employee survey program and introduced training sessions and internal communications designed to promote its "Culture Essentials" program focused on further strengthening corporate culture.
- CSMART Academy Training Update: During 2021, the CSMART Academy – officially the Center for Simulator Maritime Training Academy, part of the Arison Maritime Center – continued to provide online and onboard training to the fleet while also advancing preparations for the restart of onsite training in 2022. The CSMART team has made advances in developing and delivering online curriculum through courses, tailored events such as remote ''newbuild training,'' and through ongoing webinars.
Sustainable Tourism
As a global company, Carnival Corporation and its brands recognize the collective responsibility to respect and help maintain the culture, history and natural resources of the communities in which it operates. 2021 highlights under the sustainable tourism focus area include:
- Disaster Relief: Supported disaster relief efforts to the victims of the La Soufrière volcano eruption in St. Vincent and the Grenadines, as well as communities in Barbados impacted by volcanic ash.
- Destination Partnerships: The company's Italy-based Costa Cruises kicked off its "Traditions in the Future" project, which supports the preservation of traditional arts and crafts to a new generation of artisans.
- Community Relationships: Carnival Corporation's P&O Cruises and Cunard brands partnered with Travelife, a leading certification initiative supporting tour operations and travel agencies toward sustainable tourism. Additionally, in 2021 the company's European brands donated over 20 tons of food items to address hunger throughout communities in need, in partnership with three regional initiatives, including the European Foodbank, UK Harvest and the Banco Alimentare.
Biodiversity & Conservation
Carnival Corporation is committed to biodiversity and conservation practices, as the health and vitality of the marine and land ecosystems in the places the company's ships visit is essential to providing memorable guest experiences. As part of this focus area, the company's efforts focus on implementing best practices across its operations, investing in programs that support biodiversity and conservation, working with its supply chain and partnering with the communities it visits to help maintain and improve their ecosystems. Biodiversity and conservation efforts include:
- NGO Partnerships: In the first quarter of 2022, Carnival Corporation joined the Ocean 100 Dialogues, an initiative supported by the World Economic Forum that accelerates ocean stewardship with a focus on climate change, biodiversity and equity.
- Ports & Destinations: The company continued its efforts to support biodiversity and conservation, including creating a new mangrove nursery, planting trees and ornamental plants, and collecting waste through coastal cleanup initiatives in the ports it owns and operates.
Diversity, Equity & Inclusion
As a global company with employees from over 100 countries around the world, Carnival Corporation is committed to providing an inclusive and supportive work environment with equal opportunities for professional growth, as the company's success depends on the diversity, talent and dedication of its global employee base. As part of the diversity, equity and inclusion focus area, 2021 highlights include:
- Catalyst: Carnival Corporation continued to work with Catalyst, the leading U.S. nonprofit with the mission to expand opportunities for women in leadership.
- Awards & Recognitions: In 2021, the company received a series of recognitions for its companywide operations and dedication to diversity, equity and inclusion, including honors from Forbes on the publication's annual listings of the World's Best Employers and World's Top Female-Friendly Companies. The company was also recognized as a Glassdoor Employees' Choice Award Winner, honoring the best 100 U.S. places to work, and on Newsweek's list of America's Most Responsible Companies, in addition to earning a fifth consecutive perfect score of 100 on the Human Rights Campaign's Corporate Equality Index, designating the company as one of the Best Places to Work for LGBTQ+ Equality.
About Carnival Corporation & plc
Carnival Corporation & plc is one of the world's largest leisure travel companies with a portfolio of nine of the world's leading cruise lines sailing to all seven continents. With operations in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.
Additional information can be found on www.carnivalcorp.com, www.carnival.com, www.princess.com, www.hollandamerica.com, www.seabourn.com, www.pocruises.com.au, www.costacruise.com, www.aida.de, www.pocruises.com and www.cunard.com.
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SOURCE Carnival Corporation & plc | https://www.wibw.com/prnewswire/2022/07/13/carnival-corporation-releases-2021-sustainability-report/ | 2022-07-13T14:02:27Z |
RADNOR, Pa. , May 14, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that the firm has filed a securities class action lawsuit against AbbVie, Inc. (AbbVie) (NYSE: ABBV) on behalf of all persons and entities who purchased or otherwise acquired AbbVie securities between April 30, 2021, and August 31, 2021, inclusive (the "Class Period").
CLICK HERE TO SUBMIT YOUR ABBVIE LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/abbvie-inc?utm_source=PR&utm_medium=link&utm_campaign=abbvie&mktm=r
TO VIEW OUR VIDEO, PLEASE CLICK HERE
TO VIEW OUR COMPLAINT, PLEASE CLICK HERE
LEAD PLAINTIFF DEADLINE: JUNE 6, 2022
CLASS PERIOD: APRIL 30, 2021 through AUGUST 31, 2021
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. (484) 270-1453 or Email at info@ktmc.com
Kessler Topaz is one of the world's foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
ABBVIE'S ALLEGED MISCONDUCT
AbbVie is one of the world's largest pharmaceutical companies. The company's revenues will come under significant pressure in the coming years when its best-selling drug, Humira, will lose patent protection in 2023. Accordingly, AbbVie's future revenue and earnings depend in large part on its ability to develop new sources of revenue to offset Humira's lost sales. Rinvoq—an anti-inflammatory drug manufactured by AbbVie and used to treat rheumatoid arthritis (RA) and other diseases by inhibiting Janus kinase (JAK) enzymes—was touted as one such drug. Rinvoq was initially approved in the United States to treat only moderate to severe RA. However, AbbVie was actively pursuing additional treatment indications and, in 2020, asked the U.S. Food and Drug Administration (FDA) to approve Rinvoq for the treatment of several other diseases.
As is relevant here, Rinvoq is similar to other JAK inhibitor drugs, including Xeljanz, manufactured by Pfizer Inc. When the FDA approved Xeljanz in 2012 for the treatment of RA, it required an additional safety trial to evaluate Xeljanz's risk of triggering certain serious side effects. Beginning in February 2019, the FDA repeatedly warned the public that the safety trial indicated that Xeljanz's use could lead to serious heart-related issue, cancer, and other adverse events. Notwithstanding the similarities between Rinvoq and Xeljanz, during the Class Period, Defendants assured investors that Rinvoq was far safer than Xeljanz and not subject to the same regulatory risks.
However, investors began to learn the truth about Rinvoq's significant risks on June 25, 2021, when AbbVie revealed that the FDA was delaying its review of expanded treatment applications for Rinvoq due to the safety concerns associated with Xeljanz. On this news, the price of AbbVie common stock declined $1.76 per share, or approximately 1.5%, from a close of $114.74 per share on June 24, 2021, to close at $112.98 per share on June 25, 2021.
Then, on September 1, 2021, the FDA announced that final results from the Xeljanz safety trial established an increased risk of serious adverse events, even with low doses of Xeljanz. As a result, the FDA determined that it would require new and updated warnings for Xeljanz and Rinvoq because Rinvoq "share[s] similar mechanisms of action with Xeljanz" and "may have similar risks as seen in the Xeljanz safety trial." The FDA also indicated that it would further limit approved indications for Rinvoq as a result of these safety concerns. On this news, the price of AbbVie common stock declined $8.51 per share, or more than 7%, from a close of $120.78 per share on August 31, 2021, to close at $112.27 per share on September 1, 2021.
After the Class Period, on December 3, 2021, AbbVie announced that the FDA had updated Rinvoq's label to require additional safety warnings and limit marketing of Rinvoq to only its use after treatment with other drugs has failed. On January 11, 2022, Defendants admitted that these changes to Rinvoq's label would negatively impact sales, forcing the Company to reduce its long-term guidance for Rinvoq's sales in 2025.
The complaint alleges that, throughout the Class Period, the Defendants made materially false and/or misleading statements, about the company's business and operations. Specifically, Defendants misrepresented and/or failed to disclose that: (1) safety concerns about Xeljanz extended to Rinvoq and other JAK inhibitors; (2) as a result, it was likely that the FDA would require additional safety warnings for Rinvoq and would delay the approval of additional treatment indications for Rinvoq; and (3) therefore, Defendants' statements about the company's business, operations, and prospects lacked a reasonable basis, As a result of the Defendants' wrongful acts and omissions, and the significant decline in the market value of AbbVie's securities, AbbVie investors have suffered significant damages.
WHAT CAN I DO?
AbbVie investors may, no later than June 6, 2022, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages AbbVie investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
WHO CAN BE A LEAD PLAINTIFF?
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
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SOURCE Kessler Topaz Meltzer & Check, LLP | https://www.kxii.com/prnewswire/2022/05/14/abbv-deadline-kessler-topaz-meltzer-amp-check-llp-reminds-investors-abbvie-inc-deadline-securities-fraud-class-action-lawsuit-encourages-investors-with-substantial-losses-contact-firm/ | 2022-05-14T22:46:35Z |
NEW YORK (AP) — Walmart Inc. said Monday it has signed a deal with Paramount Global to offer the entertainment company’s streaming service as a perk to subscribers of the discounter’s shipping subscription service.
The move is part of efforts by the nation’s largest retailer to better compete with Amazon’s Prime membership program, which offers an array of perks.
Starting in September, subscribers to Walmart+ will be have access to the Paramount+ Essential Plan, which includes ads and offers original dramas such as “1883” and “Star Trek: Strange New Worlds,” along with the preschool franchise “PAW Patrol,” recent blockbuster films such as “Sonic the Hedgehog 2,” and live sports.
The cost of Walmart+ will remain $98 a year, or $12.95 a month, the retailer said. It includes free shipping on items and discounts on gasoline. An Amazon Prime membership costs $139 a year, or $14.99 a month, and includes the Amazon Video service, original programming and free gaming, among other perks.
Walmart, which is based in Bentonville, Arkansas, has never disclosed the number of members it has signed up but said on Monday that it has had monthly growth in membership since its launch in September 2020.
Terms of the deal with New York-based Paramount Global were not disclosed. | https://cw33.com/business/ap-business/walmart-deal-with-paramount-gives-members-streaming-perks/ | 2022-08-16T00:44:16Z |
Semien, Seager RBI singles for Texas in 6-2 win over Astros
By STEPHEN HAWKINS
AP Baseball Writer
ARLINGTON, Texas (AP) — Marcus Semien and Corey Seager had RBI singles in the decisive seventh, and Adolis Garcia added a three-run double an inning later as the Texas Rangers beat the Houston Astros 6-2 in the opener of a four-game series. Willie Calhoun opened the Texas seventh with a pinch-hit double. He scored on a single by Semien, who then scored the go-ahead run on Seager’s single. It was only the second win for Texas in seven home games this season. Yordan Alvarez hit his fourth homer for Houston. Astros starter Framber Valdez allowed only an unearned run over six innings. | https://localnews8.com/news/2022/04/25/semien-seager-rbi-singles-for-texas-in-6-2-win-over-astros/ | 2022-04-26T07:40:39Z |
Premium Italian coffee brand Lavazza invites attendees to "Sip into the US Open" as exclusive coffee partner for 2022 US Open and celebratory "Breakfast of Champions" menu at Harry's Table by Cipriani
NEW YORK, Aug. 29, 2022 /PRNewswire/ -- Lavazza, the 127-year old iconic Italian coffee company, is returning as the official coffee sponsor for the US Open taking place August 29th - September 11th while celebrating the renewal of their ongoing partnership until 2025. Having served as the exclusive coffee partner since 2015, and the official coffee of three of the Grand Slams, Lavazza is dedicated to creating premium experiences for coffee and tennis fans alike. The brand is ready to play anytime, anywhere, and "Sip into the US Open", with their convenient ready-to-drink (RTD) organic Cold Brew Coffees that will be available on-site throughout the tournament grounds. Launched earlier this year, and making its way throughout the country all summer, Lavazza is excited to bring their newest coffee innovation into the hands of US Open attendees, providing them the energy and refreshing sip they're looking for.
As a preview to the US Open, Fan Week returned last week for the first time since 2019 allowing the public a sneak peek to the excitement surrounding the tournament. Lavazza created a "Journey to Italy'' activation for fans to escape the concrete of New York and take photos with scenic Tuscany views. Beginning at Fan Week and continuing throughout the remainder of the tournament, guests will be able to participate in a variety of ready-to-drink organic Cold Brew Coffee giveaways and sign up on-site for the chance to win a trip to Italy.
In celebration of this year's partnership, Lavazza is teaming up with fellow Italian heritage brand and one of its partners, Harry's Table by Cipriani, to create a curated "Breakfast of Champions'' menu featuring "coffee-tails" made with Lavazza's ready-to-drink Cold Brew Coffees. The menu includes best-selling breakfast items from Harry's Table by Cipriani like an Italian V-Mule paired with a Mini Panino Cotto and Asiago; a Cold Brew Tonic paired with a Mini Croissant Prosciutto Crudo di Parma and Mozzarella di Bufala; a Bittersweet Paloma paired with Mini Croissant Eggs and Smoked Salmon with Lemon Zest; and a Cappuccino Cold Brew paired with Mini Bombolone Crema Pasticcera. This limited time menu complements both brands' Italian roots and will be available to customers during the US Open finals with the unique "coffee-tails" also being served on-site at the US Open in Lavazza's VIP Suite.
"It is an honor to be back at US Open in 2022 for the Tournament's return in grand style after two very difficult years, and we are thrilled that our partnership has been extended until 2025. To mark this moment, we will be again serving up new and innovative products to fans, including our ready-to-drink Cold Brew Coffees. This celebration of sports, tradition and excellence is something we look forward to and cherish each year." said Davide Riboni, President of BU Americas at Lavazza & CEO of Lavazza US.
With cafes located on-site at the USTA Billie Jean King National Tennis Center's Food Village, Lavazza will be showcasing its latest invention to athletes and fans attending the sporting event with a variety of specialty coffee beverages - allowing attendees to "Sip into the US Open". Lavazza's ready-to-drink organic Cold Brew Coffee products, which will be showcased for the first time at this year's US Open, marrying coffee excellence with convenience in the form of four ready-to-drink cans: Original Cold Brew, Nitro Cold Brew, Cappuccino Cold Brew with Milk, and Double Shot Cold Brew with Oat Milk. Each low-calorie can offers premium flavor profiles from sweet and fruity aromas to tastes of nutty, creamy chocolate, helping to elevate the category that traditionally focuses on high caffeine content over flavor quality. Made with USDA Certified Organic, Rainforest Alliance Certified, 100% Arabica coffee, these flavors deliver a refreshing twist to the authentic Lavazza coffee experience … a journey of the senses with every sip.
To mark the Group's dedication to the world of professional tennis, Lavazza has also recently renewed its partnership until 2025 with Roland-Garros and Wimbledon, while continuing to be a Platinum Partner of the Nitto ATP Finals 2021-2025 held in Turin. These collaborations showcase Lavazza's ongoing commitment to support tennis on a global scale and form part of Lavazza's wider narrative to champion premium sporting events. This year, Lavazza also is proud to have Italian professional tennis player Jannik Sinner as an Ambassador of the brand further showcasing their roots in the sport and support for Italy in the US.
Lavazza, founded in Turin in 1895, has been owned by the Lavazza family for four generations. Today the Group is one of the leading players on the global coffee scene, with turnover of over € 2.3 billion and a portfolio of top brands that lead their respective markets, such as Lavazza, Carte Noire, Merrild and Kicking Horse. It is active in all business sectors and has operations in 140 markets, with 9 manufacturing plants in 6 countries and over 4,200 collaborators all over the world. The Group's global presence is the result of over 125 years of growth and the more than 30 billion cups of Lavazza coffee produced every year are a testament to a remarkable success story, with the goal of continuing to offer the best coffee possible, in all forms, by focusing on every aspect of the supply chain, from the selection of the raw material to the product in the cup.
Lavazza Group has revolutionized coffee culture by investing continuously in research and development: from the intuition that marked the company's earliest success - the coffee blend - to the development of innovative packaging solutions; from the first espresso sipped in Space to the dozens of industrial patents. The ability to be ahead of the times is also reflected in the focus on sustainability - economic, social and environmental - which has always been a benchmark for guiding corporate strategies. "Awakening a better world every morning" is the corporate purpose of Lavazza Group, with the aim of creating sustainable value for shareholders, collaborators, consumers and the communities in which it operates, combining competitiveness with social and environmental responsibility.
Media Contact: Lavazza@autumncommunications.com
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SOURCE Lavazza | https://www.wibw.com/prnewswire/2022/08/29/ready-play-anytime-anywhere-lavazza-remains-perfect-match-2022-us-open-tennis-championship/ | 2022-08-29T12:23:29Z |
FORT WORTH, Texas (KDAF) — The MTV Video Music Award nominations have been released and it looks like North Texas is getting a shoutout.
Amongst the many nominations, the music video for Kendrick Lamar’s song ‘N95’ received a nomination for Best Cinematography.
What does this have to do with North Texas? Well, the video was shot in Fort Worth, featuring the Kimberly Art Museum and Fort Worth Water Gardens.
The video, co-directed by Kendrick, shows the rapper playing piano in the museum’s Piano Pavilion Auditorium, first featured 53 seconds in.
Museum officials confirmed this in a tweet sent back in May, saying “We were honored to host such a legendary artist. In the video, you can see natural light pouring in through the auditorium backdrop. The Piano Pavilion has never looked better!”
To watch the video and see it for yourself, click here. | https://cw33.com/news/local/mtv-video-music-awards-kendrick-lamar-music-video-shot-in-fort-worth-nominated-for-best-cinematography/ | 2022-07-27T19:48:18Z |
New confectionery and sweet packaged foods products will be developed in the new 45,000 square foot Innovation Center, which will also bring together Ferrero teams from across the U.S.
PARSIPPANY, N.J., July 14, 2022 /PRNewswire/ -- Ferrero North America, part of the global confectionery company Ferrero Group, today announced plans to open an Innovation Center in Chicago's Marshall Field and Company Building. The new 45,000 square foot facility will bring together Ferrero's R&D teams throughout the U.S. and also house employees from Ferrero's Old Post Office location representing Fannie May, Nutella Café, Keebler, Famous Amos, Mother's, and other distinctive cookie brands in the Ferrero portfolio.
"Our goal for this space is to reflect Ferrero's unique heritage and provide an opportunity to create greater synergies among our teams. This new space will foster the collaboration, creativity and culture that Ferrero is known for around the world," said Todd Siwak, President, and Chief Business Officer of Ferrero North America. "I am proud of our growing footprint in Illinois and strongly believe that this innovation center will propel our teams forward to become leaders in the sweet packaged foods category."
The new innovation center, R&D lab, and offices, located on the eighth and ninth floors at 24 East Washington, will bring about 170 cross-functional team members to Chicago's Loop neighborhood.
"We are thrilled to join Ferrero as it announces that Chicago will be home to the company's first innovation center in the United States," said Chicago Mayor Lori E. Lightfoot. "Chicago is a global destination for innovation and Ferrero will be well-placed here, benefitting from the city's connectivity to the world and its strong network of companies driven by tech and innovation. I congratulate Ferrero on this move and welcome them to Chicago as I look forward to more companies realizing Chicago's incredible potential."
The announcement is the latest in a series of milestones in Ferrero's growth in North America. The company is building a chocolate processing facility and a new plant to make Kinder Bueno products in Bloomington, Illinois and is expanding capacity in its Brantford, Ontario plant. In the past few years, it has opened new distribution centers in Pennsylvania, Georgia, and Arizona and expanded its North American headquarters in Parsippany, New Jersey.
The move will take place over two phases, with all current Ferrero Chicago employees moving to a temporary office space while construction is completed on the final space. The final office at the Marshall Field & Co. building is set be complete by Spring of 2023.
About Ferrero
For over 70 years, Ferrero has created products loved by generations. We've grown from a bakery in Alba, Italy into the third largest confectionery company in the world. Ferrero entered the North American market in 1969 and continues to spread joy with Ferrero Rocher®, Nutella®, Kinder®, Tic Tac® and Fannie May® chocolates. Ferrero Group expanded its portfolio in 2018 with the addition of Butterfinger®, CRUNCH®, Baby Ruth®, 100Grand® and other legendary chocolate brands.
We're proud to be a family-owned company with 3,000 employees in eight offices and ten plants and warehouses in North America, including a cocoa processing plant in Brantford, Ontario and a planned chocolate processing factory in Bloomington, Illinois. Instilled in every aspect of our business is the entrepreneurial spirit of our founders, and their passion for quality, creativity, and innovation. Follow @FerreroNACorp on Twitter and @FerreroNACorp on Instagram. www.ferreronorthamerica.com
About Brookfield Properties
Brookfield Properties is a leading global developer and operator of high-quality real estate assets. We are active in nearly all real estate sectors, including office, retail, multifamily, hospitality and logistics, operating more than 800 properties and over 375 million square feet of real estate in gateway markets on behalf of Brookfield Asset Management, one of the largest asset managers in the world. With a focus on sustainability, a commitment to excellence, and the drive for relentless innovation in the planning, development and management of buildings and their surroundings, Brookfield Properties is reimagining real estate from the ground up. For more information, visit www.brookfieldproperties.com.
About 24 E. Washington Street (The Marshall Field and Company Building)
In 2021, Brookfield Properties completed a major restoration and overhaul of the iconic Marshall Field building – 24 E. Washington Street -- the seven-story, 636,000-square-foot building into a unique and modern office property with 15-foot ceilings and oversized windows. The adaptive reuse of the historic building resulted in significant energy efficiency and other environmentally sustainable gains, as well as a lower carbon footprint than what demolition and new construction would have yielded. The building is centrally located with easy transportation access, including proximity to all seven CTA lines, the Metra, connections to both airports, and Ogilvy and Union Stations. It is steps from Michigan Avenue and Millennium Park.
About JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
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SOURCE Ferrero North America | https://www.kxii.com/prnewswire/2022/07/14/ferrero-chooses-chicagos-historic-marshall-field-building-new-innovation-center-with-strategic-rampd-lab/ | 2022-07-14T15:00:02Z |
Hundreds of Ukrainians fleeing Russia's invasion of their country have arrived at the Mexican border city of Tijuana to seek US asylum and more are expected, a Tijuana city official and a volunteer told CNN on Saturday.
"Approximately at this moment in Tijuana, there are about 1,500 Ukrainians," said Enrique Lucero, director of migrant affairs for the city. "We had a surprising influx in the past four days, mainly because after the conflict we started seeing arrivals as of March 11," and the numbers of people arriving have grown greatly since, Lucero said.
Inna Levien, who lives in Orange County, California, and is part of a group spearheading volunteer efforts to help Ukrainians near the border, told CNN the number of Ukrainians quadrupled in the past three days.
Lucero told CNN that while he expects all the migrants to enter the US, American authorities have been slow to process them, and that's why so many people have gathered.
"They're processing like 100, 150 a day or even 200 a day and it takes nearly three hours to process them," Lucero said. "That's the reason why we have seen this minicamp at the border."
The Department of Homeland Security is allowing Ukrainians, on a case-by-case basis, to be exempted from Trump-era pandemic restrictions that allowed for the expulsion of migrants encountered at the US-Mexico border and that were continued to be used by the Biden administration.
Those restrictions will end on May 23, the US Centers for Disease Control and Prevention announced on Friday.
CNN has reached out to the State Department and US Customs and Border Protection but did not receive a response Saturday.
Providing a little relief
Levien's volunteer group -- which is made up of California mothers who met on Facebook -- has provided arriving families with essentials such as food, blankets, tents, and toys to keep their children occupied.
Those who are financially able to are encouraged to stay in hotels, which cost roughly $40-60 a night, Levien said.
The group also helps by putting the people arriving at the border on a list and assigning them a number, so that they won't have to stay in line the entire time they wait for entry -- a wait that can take more than 24 hours.
But the city of Tijuana has also been instrumental in providing some relief, Levien said: the city recently converted a bus stop into a temporary shelter while a network of churches stepped up to help house families who are waiting for their turn to be processed.
The city is also working to convert a sports facility into a temporary shelter, Lucero said.
"We've been told that about 500 migrants will arrive on these next flights, so it would increase to two thousand during the course of the day," he said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/the-number-of-ukrainians-seeking-asylum-at-the-us-mexico-border-is-growing-by-the/article_8973dc88-8674-50ca-9263-2ea7a1dd1f97.html | 2022-04-03T06:25:28Z |
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- GLO Pharma, the parent company of breakthrough subtopical skincare brand Ourself, today announces the appointment of Dayna Quanbeck to its Board of Directors. The Rothy's CFO will join the board effective immediately, and her appointment adds a new seat to the GLO Pharma board, which is led by Chairman Scott L. Glenn. The GLO Pharma Board now consists of five members, four of which are women.
Ms. Quanbeck brings to the Board a deep passion for and relevant experience with consumer products. She spent the first half of her career in public accounting and investment banking, including seven years at Bank of America Merrill Lynch in the retail, apparel and footwear sector working on mergers and acquisitions and public and private market transactions. After her banking career, Ms. Quanbeck moved to the operating side, serving in financial leadership roles at Charlotte Russe and now the DTC footwear brand Rothy's, where she serves as CFO and as a member of the Rothy's Board. Her responsibilities as CFO include finance, strategy, data and analytics, and consumer insights. At Rothy's, she has been instrumental in growing the company valuation to $1 billion.
Ms. Quanbeck's background in growing new business concepts and scaling companies globally makes her a valuable addition to the GLO Pharma board of directors. "Dayna brings the best of both worlds to our Board: strong analytical skills, coupled with strategic acumen," says GLO Pharma Chairman Scott Glenn. "She is proficient not only at contributing to strategy development, but also has an innate ability to constructively analyze businesses to ensure growth and profitability. We are honored to have her join our early stage company as we enter into a phase of high growth."
This appointment comes on the heels of GLO Pharma's first consumer brand launch, Ourself, in February 2022, and the recent announcement of Ourself President Vimla Black-Gupta's role to include CEO. Ourself is backed by $40M in funding to date from investors including Lightspeed Venture Partners, First Round Capital, and Mr. Glenn.
Media Contact:
Factory PR // Liz Hill
liz@factorypr.com
About GLO Pharma:
GLO Pharma is a biotechnology company dedicated to developing innovative approaches to beauty and aesthetics. It was founded in 2018 by Scott Glenn and Lauren Otsuki, innovators within the biotechnology space for over 20 years. Mr. Glenn and Ms. Otsuki previously founded and developed professional skincare companies Alastin Skincare and SkinMedica, along with numerous pharmaceutical companies aimed at solving some of the toughest medical issues in infertility, diabetes, cardiovascular disease, and cancer. In 2022, GLO Pharma launched its first consumer brand, Ourself, as the first-ever Subtopical Skincare System™, bridging the gap between traditional skincare products and clinical procedures through the use of biotechnology.
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SOURCE GLO Pharma | https://www.kxii.com/prnewswire/2022/08/10/glo-pharma-appoints-rothys-cfo-dayna-quanbeck-its-board-directors/ | 2022-08-10T16:23:59Z |
CYE Wins "Market Leader Vulnerability Assessment, Remediation and Management" Award & Inbar Ries, CPO Wins "Top Women in Cybersecurity" in 10th Annual Global InfoSec Awards at #RSAC 2022
SAN FRANCISCO, June 7, 2022 /PRNewswire/ -- CYE is proud to announce we have won the following award(s) from Cyber Defense Magazine (CDM), the industry's leading electronic information security magazine:
"Market Leader Vulnerability Assessment, Remediation and Management & Inbar Ries, CPO- Top Women in Cybersecurity"
"We're honored to receive these two cybersecurity awards from Cyber Defense Magazine. This is a quickly growing space and we thank the panel of judges of leading infosec experts from around the globe for recognizing our impact as well as the leadership of Inbar Ries, our Chief Product Officer," said Reuven Aronashvili, CEO of CYE.
"We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cybercrime. CYE is absolutely worthy of these coveted awards and consideration for deployment in your environment," said Yan Ross, Editor of Cyber Defense Magazine.
We're excited to be a member of this group of winners, located here: http://www.cyberdefenseawards.com/
Please join us virtually at the #RSAC RSA Conference 2022, https://www.rsaconference.com/usa. We will proudly be displaying these trophies online together with the additional award we received at RSA.
About CYE
CYE's cybersecurity optimization platform enables businesses to visualize, quantify, and mitigate cyber risk so they can make better security decisions and invest in effective remediation. CYE combines technology with red team activity to deliver the most comprehensive organizational security assessments and contextual risk analysis and insights.
With headquarters in Israel and offices in New York and London, the company serves Fortune 500 and mid-market companies in multiple industries around the world.
CYE is funded by investors including EQT Private Equity and 83North. Visit us at cyesec.com.
For more information, please visit www.cyesec.com
About CDM InfoSec Awards
This is Cyber Defense Magazine's tenth year of honoring InfoSec innovators from around the Globe. Our submission requirements are for any startup, early stage, later stage, or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service. Learn more at www.cyberdefenseawards.com
About the Judging
The judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking "What's Next?" so we are looking for best of breed, next generation InfoSec solutions.
About Cyber Defense Magazine
Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.
GKPR for CYE:
Contact: Rebecca Ash, Associate
Email: rebecca@gkpr.com
Website: http://gkpr.com
CDM Media Inquiries:
Contact: Irene Noser, Marketing Executive
Email: marketing@cyberdefensemagazine.com
Toll Free (USA): 1-833-844-9468
International: 1-646-586-9545
Website: www.cyberdefensemagazine.com
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SOURCE CYE | https://www.kxii.com/prnewswire/2022/06/07/cye-named-winner-coveted-global-infosec-awards-during-rsa-conference-2022/ | 2022-06-07T16:18:42Z |
Original Gerber baby, Ann Turner Cook, dies at 95
(Gray News) - The original Gerber baby Ann Turner Cook has died.
Gerber announced Cook’s death at the age of 95 on Friday in an Instagram post.
“Gerber is deeply saddened by the passing of Ann Turner Cook, the original Gerber baby, whose face was sketched to become the iconic Gerber logo more than 90 years ago,” the company said. “We extend our deepest sympathies to Ann’s family and to anyone who had the pleasure of knowing her.”
Cook’s face was sketched to become the iconic Gerber logo more than 90 years ago.
In 1928, her neighbor Dorothy Hope Smith entered a charcoal sketch of her as a baby into Gerber’s advertising campaign contest, according to the company website.
The illustration became so popular that Gerber adopted it as its official trademark in 1931. Since then, the Gerber Baby has appeared on all Gerber packaging and in every Gerber advertisement.
“Many years before becoming an extraordinary mother, teacher and writer, her smile and expressive curiosity captured hearts everywhere and will continue to live on as a symbol for all babies,” the company said.
Gerber originally kept the identity of its Gerber baby a secret for 40 years before it was revealed that Cook was indeed the iconic baby in the late 1970s.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/04/original-gerber-baby-ann-turner-cook-dies-95/ | 2022-06-04T17:59:27Z |
PORTLAND, Ore., May 26, 2022 /PRNewswire/ --
June 1st – July 9th, 2022
First Thursday June 2nd 5pm – 8pm
First Saturday June 4th 1pm – 5pm
Gallery Hours: Tuesday – Saturday 11am to 5:30pm
Ambivalence is Yoshihiro Kitai's fourth solo exhibition with Froelick Gallery and includes nine works on paper and canvas. The paintings flow with colorful Gansai pigment dots, and reflective gold leaf clouds are layered on top of Kitai's signature textured gessoed patterns.
This exhibition draws upon Kitai's ongoing observations of American life through the lens of an immigrant. Although now, Kitai has spent half of his life outside of his native Japan, he expresses the difficulty in navigating what he believes are cultural norms.
Kitai writes about Ambivalence, "My visual work is what I observe – borderless energy that flows between groups, countries, and cultures. The cloud shapes in the sky reflect how the world is connected." Kitai's metallic clouds form interactions with radiating dot patterns, each single dot representing an individual person that together then become larger communities, taking the shapes of clouds themselves. The viewer seems to be observing the movement of these elements from a bird's eye view, "...a place from a non-disruptive and fair distance." (Kitai). These elegant examinations of societal and cultural structures ultimately pay homage to Japanese art traditions.
Yoshihiro Kitai has been represented by Froelick Gallery since 2016.
Kitai holds an MFA in Printmaking and Drawing from Washington University, St. Louis, MO and a BFA in Printmaking from Pacific Northwest College of Art, Portland, OR. He is currently an associate professor in the printmaking department. His works are found in collections including Nomura Bank, London; The Hallie Ford Museum of Art, Salem, OR; Oregon Health Sciences University, Portland, OR; The Multnomah County Court House, Portland, OR; The Montefiore Medical Center, The Bronx, NY.
Please contact the gallery for reproduction quality images.
CONTACT:
Charles Froelick
info@froelickgallery.com
503.222.1142
714 NW Davis St, Portland, OR 97209
www.froelickgallery.com
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SOURCE Froelick Gallery | https://www.mysuncoast.com/prnewswire/2022/05/27/froelick-gallery-solo-exhibit-yoshihiro-kitai-ambivalence/ | 2022-05-27T03:02:14Z |
TORONTO, June 29, 2022 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR), (NYSE: QSR), (TSX: QSP) will release its second quarter 2022 financial results on Thursday, August 4, 2022 and will host an investor conference call that morning at 8:30 a.m. Eastern Time.
The earnings call will be webcast on the company's investor relations website (http://rbi.com/investors) and a replay will be available for 30 days following the release. Investors may also access the conference call via the following dial-in numbers: 1 (646)-904-5544 for U.S. callers, 1 (226)-828-7575 for Canadian callers, and 1 (929)-526-1599 for callers from other countries. For all dial-in numbers please use the following access code: 194063.
About Restaurant Brands International Inc.
Restaurant Brands International Inc. ("RBI") is one of the world's largest quick service restaurant companies with over $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities. To learn more about RBI, please visit the company's website at www.rbi.com.
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SOURCE Restaurant Brands International Inc. | https://www.wibw.com/prnewswire/2022/06/29/restaurant-brands-international-inc-report-second-quarter-2022-results-august-4-2022/ | 2022-06-29T12:04:36Z |
KYIV, Ukraine (AP) — Finland’s leaders Thursday came out in favor of applying to join NATO, and Sweden could do the same within days, in a historic realignment on the continent 2 1/2 months after Russian President Vladimir Putin’s invasion of Ukraine sent a shiver of fear through Moscow’s neighbors.
The Kremlin reacted by warning it will be forced to take retaliatory “military-technical” steps.
On the ground, meanwhile, Russian forces pounded areas in central, northern and eastern Ukraine, including the last pocket of resistance in Mariupol, as part its offensive to take the industrial Donbas region, while Ukraine recaptured some towns and villages in the northeast.
The first war-crimes trial of a Russian soldier since the start of the conflict is set to open Friday in Kyiv. A 21-year-old captured member of a tank unit is accused of shooting to death a civilian on a bicycle during the opening week of the war.
Finland’s president and prime minister announced that the Nordic country should apply right awayfor membership in NATO, the military defense pact founded in part to counter the Soviet Union.
“You (Russia) caused this. Look in the mirror,” Finnish President Sauli Niinisto said this week.
While the country’s Parliament still has to weigh in, the announcement means Finland is all but certain to apply — and gain admission — though the process could take months to complete. Sweden, likewise, is considering putting itself under NATO’s protection.
That would represent a major change in Europe’s security landscape: Sweden has avoided military alliances for more than 200 years, while Finland adopted neutrality after its defeat by the Soviets in World War II.
Public opinion in both nations shifted dramatically in favor of NATO membership after the invasion, which stirred fears in countries along Russia’s flank that they could be next.
Such an expansion of the alliance would leave Russia surrounded by NATO countries in the Baltic Sea and the Arctic and would amount to a stinging setback for Putin, who had hoped to divide and roll back NATO in Europe but is instead seeing the opposite happen.
NATO Secretary-General Jens Stoltenberg has said the alliance would welcome Finland and Sweden with open arms.
Russia’s Foreign Ministry warned that Moscow “will be forced to take retaliatory steps of military-technical and other characteristics in order to counter the emerging threats to its national security.”
NATO’s funneling of weapons and other military support to Ukraine already has been critical to Kyiv’s surprising success in stymieing the invasion, and the Kremlin warned anew in chilling terms Thursday that the aid could lead to direct conflict between NATO and Russia.
“There is always a risk of such conflict turning into a full-scale nuclear war, a scenario that will be catastrophic for all,” said Dmitry Medvedev, deputy head of Russia’s Security Council.
While Russia’s advance in the Donbas has been slow, its forces have gained some ground and taken some villages.
Four civilians were killed Thursday in three communities in the Donetsk region, which is part of the Donbas, the regional governor reported.
Britain’s Defense Ministry said Russia’s focus on the Donbas has left its remaining troops around the northeastern city of Kharkiv vulnerable to counterattack from Ukrainian forces, which recaptured several towns and villages around the city.
Russian rocket strikes Thursday killed one person and wounded three in a suburb of Kharkiv, the regional governor said.
Fighting across the east has driven many thousands of Ukrainians from their homes.
“It is terrible there now. We were leaving under missiles,” said Tatiana Kravstova, who left the town of Siversk with her 8-year-old son Artiom on a bus headed for the central city of Dnipro. “I don’t know where they were aiming at, but they were pointing at civilians.”
Ukraine also said Russian forces had fired artillery and grenade launchers at Ukrainian troops in the direction of Zaporizhzhia, which has been a refuge for civilians fleeing Mariupol, and attacked in the Chernihiv and Sumy regions to the north.
Overnight airstrikes near Chernihiv, in northern Ukraine, killed at least three people, Ukraine’s military said. It said that Russian troops fired rockets at a school and student dormitory in Novhorod-Siversky and that some other buildings, including private homes, were also damaged.
And eight to 12 Russian missiles struck an oil refinery and other infrastructure in the central Ukrainian industrial hub of Kremenchuk on Thursday, the region’s acting governor, Dmytro Lunin, wrote in a Telegram post. In early April, he said, the refinery, which had been the last fully functional one in Ukraine at the time, was knocked offline by an attack.
In the southern port of Mariupol, which has largely been reduced to smoking rubble with little food, water or medicine, or what the mayor called a “medieval ghetto,” Ukrainian fighters continued to hold out at the Azovstal steel plant, the last stronghold of resistance in the city.
Ukrainian Deputy Prime Minister Iryna Vereshchuk said negotiations were underway with Russia to win the release of 38 severely wounded Ukrainian defenders from the plant. She said Ukraine hoped to exchange them for 38 “significant” Russian prisoners of war.
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Yesica Fisch in Bakhmut, David Keyton in Kyiv, Yuras Karmanau in Lviv, Mstyslav Chernov in Kharkiv, Jari Tanner in Helsinki, and other AP staffers around the world contributed.
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Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/ukraine-offers-to-swap-prisoners-for-hurt-mariupol-fighters/ | 2022-05-12T21:17:38Z |
SEATTLE, Sept. 14, 2022 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) has announced plans to open three new Nordstrom Rack stores in fall of 2023. The new stores will be located in Union Gap and Olympia, WA and Salem, OR.
"We look forward to opening these new Nordstrom Rack locations in Union Gap, Olympia and Salem communities, strengthening our network of stores, and introducing new customers to the Rack's unique product offering," said Carl Jenkins, Senior Vice President of Nordstrom Rack Stores. "In addition to shopping the brands they love at a great price, even more customers in Washington and Oregon can take full advantage of these convenient new locations to pick up online orders and make returns."
With the addition of these three new locations, Nordstrom will operate 12 Nordstrom Rack stores and six Nordstrom stores in Washington and seven Nordstrom Rack stores and two Nordstrom stores in Oregon.
In Union Gap, Wash., Nordstrom Rack will open a 28,000 square-foot store at Valley Mall, the premier shopping destination in central Washington that features over 80 local, regional and national retailers and restaurants located in the heart of Yakima Valley including Cabela's, Guitar Center, and Bath & Body Works. Valley Mall is owned and managed by CenterCal Properties, LLC.
"We are truly excited to announce the addition of Nordstrom Rack to our fine group of tenants at Valley Mall," said Fred Bruning, Chairman and Founder, CenterCal Properties. "Bringing the famous Nordstrom name back to the valley has been a goal of ours for many years, and we are sure they will be welcomed warmly by the local community. The addition of Nordstrom Rack underscores our commitment to keeping Valley Mall vibrant and the leader in retail shopping for the entire valley."
In Olympia Wash., Nordstrom Rack will open a 32,000 square-foot store in Cooper Point Marketplace, a regional shopping center serving West Olympia and Thurston County that also includes HomeGoods, Ashley Furniture and Kaiser Permanente. Cooper Point Marketplace is owned and managed by Merlone Geier Partners and is ideally located at the corner of Black Lake Boulevard SW and Cooper Point Road SW.
"Merlone Geier is excited to welcome Nordstrom Rack to Cooper Point Marketplace," said Heather Beal, Managing Director of Merlone Geier Partners.
In Salem, Ore., Nordstrom Rack will open a 25,000 square-foot store at the Willamette Town Center, a regional power shopping center and a Salem, Oregon fixture for retail, dining, and family entertainment for over 45 years. This enclosed shopping center is also home to Best Buy, Ulta, DSW and HomeGoods. Willamette Town Center is owned and managed by C.E. John Co. and is ideally located near Center Street NE and 99E.
"Willamette Town Center has become a draw for the entire mid-Willamette Valley for shopping and dining," said the ownership group of Willamette Town Center. "Adding Nordstrom Rack to our tenant mix only strengthens what we believe to be one of Oregon's most dominant shopping centers offering the county's strongest and move exciting tenants."
Nordstrom Rack is the off-price retail division of Nordstrom, Inc. and plays a critical role in the company's Closer to You strategy, which focuses on delivering customers a more convenient and interconnected experience across its stores and digital platforms. Nordstrom Rack offers customers up to 70 percent off on-trend apparel, accessories, beauty, home and shoes from many of the top brands sold at Nordstrom stores as well as core services like online order pickup for Nordstrom.com and NordstromRack.com, easy returns and alterations at select stores. Nordstrom Rack is the largest source of new customers to Nordstrom.
Nordstrom is committed to giving back to the diverse communities where it operates. Since 2019 along with its customers, Nordstrom has donated more than $1.5 million in support of its long-term partnership with Big Brothers Big Sisters of the United States and Canada. These proceeds support the recruitment, training and engagement of adult mentors and mentorship moments between Bigs and Littles, including preparing for an interview, learning to tie a tie and helping with homework.
At Nordstrom, Inc. (NYSE: JWN), we exist to help our customers feel good and look their best. Since starting as a shoe store in 1901, how to best serve customers has been at the center of every decision we make. This heritage of service is the foundation we're building on as we provide convenience and true connection for our customers. Our digital-first platform enables us to serve customers when, where and how they want to shop – whether that's in-store at more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations or digitally through our Nordstrom and Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it.
CenterCal Properties, LLC, founded in 2004 by Fred Bruning and Jean Paul Wardy, is a full-service commercial real estate company in the business of investing, developing, leasing, and managing its projects. CenterCal excels in, and is best known for, creating destinations throughout the western United States with a unique strategy of "place-making," which emphasizes the importance of developing spaces with a sense of community.
Bruning and Wardy's creative vision and passion for development, coupled with CenterCal's internal expertise, is evident in the properties the company owns and operates today. In the Pacific Northwest, those include: Bridgeport Village, Nyberg Rivers and Nyberg Woods in Oregon, and The Village at Totem Lake, Valley Mall, The Terminal at Ballard and The Trails at Silverdale in Washington. The Intermountain Region properties include: Mountain View Village, Station Park and Canyon Corners in Utah and The Village at Meridian and Treasure Valley Marketplace in Idaho. California is home to: Bay Street Emeryville, The Veranda, The Collection at Riverpark, 2nd & PCH and Plaza 183. CenterCal Properties also provides our valued partners with 3rd Party Management services at Manhattan Town Center in Manhattan, Kansas. For more information on all of CenterCal's properties, please visit www.centercal.com.
Merlone Geier Partners is a vertically integrated and regionally focused firm. We invest in West Coast retail properties and actively perform our own leasing, property management, construction management, design and capital formation. We have acquired, to date, 173 West Coast properties representing in excess of 28.6 million square feet. Our firm – managed by Peter J. Merlone, Bradley A. Geier, Scott A. McPherson, Gabriela F. Parcella and Jonathan C. Lischke – has raised more than $4.5 billion of discretionary institutional equity capital over the past 29 years. We provide our institutional investors the opportunity for attractive risk-adjusted returns through active real estate management, including leasing, redevelopment and densification. We closed our thirteenth fund, Merlone Geier Partners XIII, L.P., in April 2022. For more information, visit our website www.merlonegeier.com
C.E. John Co. is a third-generation family-owned and operated real estate development company located in Vancouver, WA. Hummelt Development Company is a family-owned and operated development company located in Wilsonville, OR.
MEDIA CONTACT:
Caroline Mattingly
Nordstrom, Inc.
NordstromPR@Nordstrom.com
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SOURCE Nordstrom, Inc. | https://www.kxii.com/prnewswire/2022/09/14/nordstrom-rack-open-three-new-stores-union-gap-olympia-wa-salem-or/ | 2022-09-14T16:07:37Z |
DENVER (AP) — It’s no secret Tampa Bay has played more hockey over the past two years than any other team in the NHL.
That may — finally — be taking a toll on the two-time defending champ Lightning against the Colorado Avalanche, who took a much shorter route to the Stanley Cup Final and lead the best-of-seven series 2-0 going into Game 3 on Monday in Tampa.
“The shot blocking, the groins, the hips, the cuts, the bruises, playing every second night: That’s the toll,” coach Jon Cooper said Sunday. “And so when you get to the end, even though it doesn’t look like they’re banged up, they’re missing guys, we’re missing guys. We’ve got banged-up guys. That’s what the playoff toll does. It’s not what happened last year.”
What happened last year was the Lightning became the second franchise since the salary cap era began in 2005 to win the Cup back-to-back. This year, they beat Toronto in seven games, swept Florida and advanced to the final by coming back to beat the New York Rangers in six.
Tampa Bay has played 67 postseason games since Aug. 1, 2020 — the most by one team over the span of three playoffs. Because the pandemic pushed the 2020 playoffs into the summer and early fall, it’s all condensed more than normal. It would make sense for players to run out of gas.
“You’ve played an extraordinary amount of games, and playoff games are obviously just a little bit more physical, a little bit more everything as you play them,” said three-time Cup champion Justin Williams, who’s becoming an NHL Network analyst starting with Game 3. “As of right now, these guys are fading. Listen, they’ve played a lot of hockey, but once you get this far in the playoffs, you’re running mostly on adrenaline right now.
“You feel pretty good, and an excuse to have played too much hockey is one that I’m sure that they’re not prepared to use right now.”
The Lightning didn’t put themselves on the verge of becoming the NHL’s first three-peat champion since the New York Islanders of the early 1980s by making excuses. Even after getting trounced 7-0 in Game 2 Saturday night and looking unable to keep up with the speedy Avalanche, the players pointed to overcoming this same deficit against the Rangers in the Eastern Conference final as reason to believe this series isn’t close to being over.
“We’re in the same situation,” veteran winger Corey Perry said. “And we found a way to win Game 3 at the end of the game there. It rejuvenated us, it got us going again and now we’re going home.”
The Avalanche are already rejuvenated. After finishing first in the West in the regular season, they swept Nashville in the first round, took out St. Louis in six and then finished off another sweep of Edmonton to give themselves more than a week off before the start of the Stanley Cup Final.
It appears to be paying dividends with fresh legs and crisper plays.
“I think it’s physics that when you get rest you’re rested,” forward Mikko Rantanen said. “If you play every other day for a long period of time, it’s going to wear you down. But they’ve been here before, they’ve played too long seasons before, so we can’t think about that too much that we’re the fresh team.”
The Avalanche do look like the fresher team, and that has allowed them to keep up the pressure on the Lightning despite an experience disadvantage at this stage of the playoffs. Colorado got here by flustering opponents into making mistakes, and that recipe is working again in the final.
Tampa Bay’s challenge now is to figure out how to counteract the situation it’s faced with. Motivation, at least, won’t be an issue.
“This time of year there’s only two teams and this is the best time of the year to play hockey and it’s the finals,” Perry said. “Why wouldn’t you want to be here? Why would you want to just say ‘Hey, we play a lot of hockey.’ There’s no point saying that. So we’re excited to be here. We want to be here.”
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Follow AP Hockey Writer Stephen Whyno on Twitter at https://twitter.com/SWhyno
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More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/lightning-may-be-running-out-of-gas-vs-fresher-avalanche/ | 2022-06-20T08:48:54Z |
NEWARK, N.J., April 28, 2022 /PRNewswire/ -- It was revealed today that music industry veteran Vincent Searcy has joined Sherrese Clarke Soares' global alternative asset management company HarbourView Equity Partners (HarbourView) as a strategic advisor.
Searcy will provide strategic advice and recommendations regarding acquisitions of or any other investment in music IP and related rights. Searcy's diligence and respected connections greatly contribute to HarbourView's industrialized and systematized sourcing effort.
"Searcy is a highly skilled and savvy executive whose achievements, reputation and track record speaks for itself," said Sherrese Clarke Soares. "Having known Searcy for quite some time, I've always been impressed with his eye for talent and how he navigates the complexities of the music industry, figuring out creative ways to enhance the business interests of the artists who work with him. We're very happy to welcome him to the HarbourView family."
Said Searcy, "I am incredibly grateful to be a part of the HarbourView team! I had the pleasure of meeting Sherrese when she first began working in the catalog acquisition and brokering space. She is a dedicated business leader and expert at what she does. I am honored to be included in all of the history that Harbourview is and will be making. It is important that I always put forth my best efforts to attract the best results. The best advice I have received is, "If you buy into the system, trust the process, be a great operator, you will win big!"
Vincent Searcy is a highly respected entertainment executive and entrepreneur with an intense passion for music and entertainment, and a natural gift for identifying talent. Based in Atlanta, Searcy founded and continues to run Crown World Entertainment (CWE), a full-service entertainment company specializing in music, TV & film, catalog acquisition, and publishing. Searcy's diligence and respected connections go a long way when generating opportunities for him, his team and its impressive roster of talent. From film and television, to music, publishing and more, Searcy's interests are as diverse as his artists' talents and abilities. Since its conception, Searcy has discovered and introduced to the masses music industry heavyweight songwriter / producer Rico Love, and R&B sensation Jacob Latimore (RCA Records), among others.
HarbourView Equity Partners is focused on investment opportunities in the media and entertainment space. Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, "Apollo") is a strategic relationship and Apollo clients and funds serve as lead investors in HarbourView
HarbourView combines decades of industry experience and investing expertise, supported by the scale of a global platform like Apollo's, to present a fresh take on investment management, built on intellectual curiosity. Clarke Soares is a seasoned investor and tenured player in the entertainment and media industries, with 20+ years of relevant industry experience with stops at CIT, Morgan Stanley and Tempo Music.
Launched just seven months ago, the company strives to be the industry standard for excellence and integrity in investing in assets and companies driven by premier intellectual property, boasting a very talented team with investment and financial services expertise in and around esoteric asset classes, including in music, film, TV, and sports.
HarbourView is a global investment firm focused on niche markets and esoteric investments opportunities that build enduring value and deliver superior returns. The company is headquartered in Newark, NJ.
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SOURCE HarbourView Equity Partners | https://www.wibw.com/prnewswire/2022/04/29/vincent-searcy-joins-harbourview-equity-partners-an-advisor/ | 2022-04-29T11:17:13Z |
Buffalo massacre puts spotlight on hate-filled website
By Donie O’Sullivan, CNN Business
On Saturday afternoon, an anonymous user on the online forum 4chan wrote, “just 20 mins ago I just witnessed a mass shooting at a tops supermarket live on twitch with like 20 other viewers.”
The hate-filled forum 4chan, where all users post anonymously, appears to be at the center of the made-for-the-internet massacre that took place in a Buffalo supermarket on Saturday — from discussion on the platform apparently helping inspire the alleged attacker to spreading the gruesome video of the shooting.
A 180-page document that has been attributed to the man suspected of the shooting, in which 10 people were killed, references how he was influenced by what he saw on 4chan, including how he was inspired by watching a video of the 2019 mass shootings in Christchurch, New Zealand — which were also streamed live.
Ben Decker, the CEO of Memetica, a threat analysis company, told CNN, “this is a step-by-step copycat attack of Christchurch, in both the real-world attack; planning and selecting the target, and online; coordinating the livestream and manifesto dissemination across fringe message boards.”
4chan, which was created in 2003, claims it receives 22 million unique visitors a month, half of whom it says are in the United States.
While the site hosts forums on a variety of topics — including video games, memes and anime — and says it has rules against racism, its lax approach to content moderation means that hate speech not allowed by more mainstream platforms spreads more freely on 4chan.
4chan is part of the internet’s Wild West. While Big Tech platforms like Facebook and Twitter at least try to police their sites, almost anything goes on 4Chan. Some parts of its forums are almost exclusively dedicated to the sharing of racist and antisemitic memes and tropes.
A similar site, 8kun — which was originally called 8chan, and was spun out of 4chan when that forum banned the movement known as Gamergate — has been linked to other atrocities.
Immediately following the Buffalo shooting, some users on 4chan did not discuss the horrific loss of human life but instead shared methods for reuploading the shooting video so it could be seen by more people.
Twitch, the Amazon-owned service on which the shooter had livestreamed part of the attack, said it removed the video for violating its policies two minutes after the violence in the video began. The actual live stream itself had only been seen by a small number of people, perhaps as few as 20 or so, according to screenshots that have circulated of the stream.
4channers who had apparently screen-recorded the live stream discussed tactics for re-uploading the video to other sites, and services that could be used to hide their identity as they did so.
By Sunday, copies of the video were circulating across the internet. Some of those copies were reportedly viewed millions of times.
Platforms like Facebook and Twitter banned the sharing of the video on their sites, but the companies were clearly struggling Sunday to contain its spread.
We don’t have statistics for the Buffalo video yet, but in the 24 hours after the Christchurch shooting, Facebook said it removed 1.5 million copies of the shooter’s video.
The preservation and sharing of these videos by far-right communities on 4chan and other fringe message boards can help inspire further bloodshed, according to Decker, as evidenced by what the Buffalo suspect wrote in his alleged document.
CNN has reached out to 4chan for comment.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-social-media-technology/2022/05/16/buffalo-massacre-puts-spotlight-on-hate-filled-website-2/ | 2022-05-16T20:25:24Z |
Leading transportation sales and marketing professionals gather to welcome new administration
TAMPA, Fla., June 7, 2022 /PRNewswire/ -- The Transportation Marketing and Sales Association (TMSA) today announced Mark Derks, Chief Marketing Officer at BlueGrace Logistics, as incoming President at the organization's annual Logistics Marketing and Sales Conference in Orlando, Florida. He will lead TMSA's executive board for the next two years, through mid 2024. Derks is a long-time supporter of the association, most recently serving as Director of Finance and Strategy.
"It's an honor and privilege to serve as President of TMSA. I'm excited to continue our work towards improving the sales and marketing professional experience across supply chain logistics. TMSA has an impressive roster of members whose volunteerism has led to its continued success. I look forward to collaborating with them to grow our non-profit impact for the industry," said Mark Derks, incoming president of TMSA.
The Cleveland headquartered non-profit is the only association dedicated to advancing the success of marketing and sales professionals in all modes of the commercial freight transportation market. As president, Derks looks to modernize and bring organizational changes to all aspects of the association, including leadership and staffing, technology, operations, finance, education, member experience, brand, communications and more.
Derks has 25-plus years leading marketing teams and strategy for global brands in the logistics and supply chain space. Currently, Derks is the Chief Marketing officer for BlueGrace Logistics, one of North America's leading Third-Party Logistics (3PL) providers. He leads brand development, marketing strategy and public relations, while playing a key role in sales enablement, product innovation and customer experience.
Last year, TMSA's Board of Directors selected Jennifer Karpus-Romain as Executive Director to manage the association as it ushers in a new era. "Mark is already a great asset to TMSA, always bringing forward new and innovative perspectives," said Jennifer Karpus-Romain, executive director of TMSA. "I am excited for the opportunity to work side-by-side with him throughout his presidency as we guide the association to new heights."
TMSA is the only association dedicated to advancing the success of marketing and sales professionals in all modes of the commercial freight transportation market. TMSA enable sales and marketing professionals to learn and give back to the transportation and logistics industry through education, connections, and resources, ultimately strengthening their individual development, their businesses and the industry-at-large. For more information, visit www.TMSAtoday.org.
BlueGrace Logistics offers customizable transportation management solutions as a full-service Third-Party Logistics (3PL) provider that helps shippers manage their freight spend through industry leading technology with a large network of established carriers across the country. With 12 offices strategically located in major transportation hubs across the U.S., including national headquarters in Tampa, BlueGrace serves over 10,000 customers annually through its proprietary technology platform, BlueShip®, that has connectivity with more than 250,000 carrier suppliers. BlueGrace is part of the technology portfolio of Warburg Pincus, a leading global private equity firm. For more information on BlueGrace, visit www.mybluegrace.com.
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SOURCE BlueGrace Logistics | https://www.mysuncoast.com/prnewswire/2022/06/07/transportation-marketing-sales-association-names-bluegrace-logistics-chief-marketing-officer-mark-derks-president/ | 2022-06-07T14:50:20Z |
Bucks, Clippers resting most of their starters Friday
MILWAUKEE (AP) — Giannis Antetokounmpo and three other usual Milwaukee Bucks starters won’t be available for their Friday night game with the Los Angeles Clippers. Both the Bucks and Clippers played overtime games Thursday night. The Bucks won 120-119 at Brooklyn and the Clippers lost 135-130 at Chicago. Four of the Clippers’ starters from Thursday’s game also have been ruled out for Friday’s game. Unavailable Bucks players include Khris Middleton, Jrue Holiday and Brook Lopez. Clippers ruled out for Friday include Paul George, Nicolas Batum, Marcus Morris Sr. and Reggie Jackson. | https://localnews8.com/sports/ap-national-sports/2022/04/01/bucks-clippers-resting-most-of-their-starters-friday/ | 2022-04-01T20:43:20Z |
DALLAS (KDAF) — If you are looking for a different kind of hotel experience — we’ve got your high-rise destination, Airbnb style!
The Guild is a traditional hotel experience reimagined, that gives you the feeling of home but in a hotel.
What sets aside them from the rest of the hotel industry is that you have the option to stay for a day, a month or even full time in a furnished apartment.
“Whether you’re a digital nomad exploring new cities, you’re traveling a few days for work, or you want to live in a connected community — we have the option for you,” the hotel says.
They have locations in the following cities:
- Miami
- San Antonio
- Cincinnati
- Dallas
- Denver
For more information, visit The Guild at theguild.co | https://cw33.com/lifestyle/inside-dfw/stay-a-day-month-or-even-full-time-at-the-guild-hotel-in-dallas/ | 2022-05-16T16:08:12Z |
DUBLIN, Sept. 6, 2022 /PRNewswire/ -- Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, will present at the Morgan Stanley 10th Annual Laguna Conference, September 14 at 2:35 p.m. Pacific Time.
A simultaneous webcast will be available on the Aptiv Investor Relations website at ir.aptiv.com.
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling a more sustainable future of mobility. Visit aptiv.com.
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SOURCE Aptiv PLC | https://www.mysuncoast.com/prnewswire/2022/09/06/aptiv-present-morgan-stanley-10th-annual-laguna-conference/ | 2022-09-06T22:06:10Z |
Innovative solutions will focus on lighting, HVAC, water conservation and more
ATLANTA, Aug. 30, 2022 /PRNewswire/ -- The Southern Company system is partnering with the U.S. General Services Administration (GSA) to increase energy efficiency in 12 federal buildings across Georgia, reducing GSA's carbon footprint and improving overall sustainability. Innovative solutions from the Southern Company system will focus on three key areas – energy efficiency, resiliency and greenhouse gas reductions.
Southern Company subsidiaries Atlanta Gas Light and PowerSecure are coordinating the improvements, planned for completion in 2024, and are expected to reduce GSA's annual energy and water costs by nearly $3.3 million.
The GSA announced the award of the $117 million Utility Energy Service Contract, which is part of the Biden-Harris Administration's Climate Smart Buildings Initiative. The improvements are expected to enhance building performance and efficiency, while reducing operating costs by approximately 45%. In addition, carbon emissions are expected to be reduced by 18,000 to 21,000 metric tons per year across all 12 GSA buildings.
"This project is a model for how public-private partnerships bring immense value to solving federal government challenges," said Chris Cummiskey, executive vice president and Chief Commercial and Customer Solutions Officer for Southern Company. "Southern Company sourced expertise across our portfolio of companies to help ensure government requirements are met in the most reliable, holistic and economical manner possible, demonstrating our commitment to lead the utility sector to a clean energy economy."
"The investments we're making in Georgia demonstrate how investing in sustainability is a triple win – creating good-paying clean-energy jobs, reducing energy costs, and tackling climate change to help ensure a healthier future for the next generation," said GSA Administrator Robin Carnahan.
The project will replace and modernize equipment, such as chillers and boiler plants, air and water distribution and direct digital control systems. In addition, improvements will also include the conversion of more than 60,000 light fixtures to LED technology, as well as the installation of high-efficiency water fixtures. The project is expected to cut energy consumption by 40-50 percent across the 12 sites.
Also included is a $944,000 grant from the Department of Energy to reclaim water for use inside the buildings, and $900,000 in utility rebates.
Six of the facilities are located within metro Atlanta, along with buildings in Athens, Augusta, Valdosta, Macon and Brunswick. This includes the Martin Luther King Jr., Sam Nunn Atlanta Federal Center, and Richard B. Russell federal buildings in Atlanta.
Atlanta Gas Light is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Atlanta Gas Light provides natural gas delivery service to approximately 1.7 million customers in Georgia. In operation since 1856, the company is one of the oldest corporations in the state. For more information, visit atlantagaslight.com.
PowerSecure, a Southern Company subsidiary, is the nation's leading distributed energy innovation company. Our team of experts has developed, installed, managed and serviced 2+ GW of microgrid capacity over the past 20 years, as well as implemented over $800 million of energy efficiency upgrades. We take a full-facility, lifecycle approach through production and management, delivering clean and resilient energy to our customers at the best possible value. By combining our product innovation capabilities with our 360 integrated processes, we offer the best custom solution for your needs, backed by an unmatched level of expertise, quality and service. To learn more, visit www.powersecure.com.
Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Forbes and the Women's Choice Award. To learn more, visit www.southerncompany.com.
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SOURCE Southern Company | https://www.wibw.com/prnewswire/2022/08/30/southern-company-partners-with-general-services-administration-reduce-energy-costs-improve-sustainability-gsas-georgia-federal-buildings/ | 2022-08-30T14:27:43Z |
HERZOGENAURACH, Germany, Sept. 7, 2022 /PRNewswire/ -- Sports company PUMA has unveiled its first ever metaverse website experience, called Black Station, which features exclusive NFTs with limited edition redeemable physical sneakers, as part of its 'FUTROGRADE' show during New York Fashion Week.
PUMA Black Station has been imagined as an immersive and interactive place to experience the future of the brand. As a blank and ever-evolving 3D canvas, Black Station will become a dynamic destination to visit, connecting consumers with various web3 activations emerging over the course of the next year and beyond.
"Twenty years ago, Black Station was PUMA's home for our most innovative designs in fashion," said Adam Petrick, PUMA's Chief Brand Officer. "Given the boundaries we are pushing from a product design and digital standpoint, we found it fitting to bring Black Station back as a new portal for digital exploration across fashion, sport performance, our heritage classics, and innovation."
The experience begins with visitors entering a hyper-realistic digital lobby space with three separate portals. The first two portals, accessible beginning September 7th, will unveil exclusive never-seen-before Nitro NFRNO and Nitro Fastroid sneakers linked to PUMA's recent NFT Nitropass mint.
Those who minted a Nitropass can receive two NFTs – one tied to physical products and one that unlocks a customized experience linked to their chosen shoe. Following the Futrograde show, minters can claim their physical sneakers by burning their product-claimed NFT. This marks unchartered territory for the brand in the web3 space, establishing its first PUMA-owned NFT that links digital design with in-real-life physical products for consumers.
For the digital product design, PUMA encouraged their in-house designers to push the creative boundaries to envision what a 3D digital sneaker could look like. "Our team of designers took a lot of liberties when envisioning these footwear styles. We told them the sky is the limit. As a result, we were able to harness their creativity without the typical confines and limitations of our shoe production process," said Heiko Desens, Global Creative Director and Head of Innovation. "What is just as impressive as the actual designs is the fact that we were actually able to work with development to bring these stunning designs to life."
The sneakers recontextualize iconic PUMA features through bold, innovative designs. Fastroid takes a performance tech silhouette to the extreme with exaggerated volumes of Nitro foam in gradient high-impact hues. With "sport is art" as the guiding ambition, NFRNO appears like a hybrid collision of the past and future, drawing inspiration from obscure archive styles to arrive at a multi-part molded construction.
The third portal of Black Station will function as the entry to the digital NYFW metaverse fashion show. Visitors will be immersed into an interactive space abstracted with point cloud style effects. They will journey through a digital adaptation of the show, where visitors can interact with the collection's pieces.
The Black Station metaverse, developed by creative ventures company FTR, has been built with Unreal Engine 5 to produce cutting-edge graphics.
David Stamatis, Executive Creative Director and Partner at FTR explains, "We're dedicated to bringing great creative ideas to life through immersive experience, technology, and community. This project, and our partner in PUMA, gave us agency and trust to push into the unknown and test how these creative components can be put together to innovate in the storytelling around product, fashion, and brand. Creating a truly phygital experience has opened our eyes to the immense opportunity for brands in the future."
Visitors can enter PUMA's Black Station experience at blackstation.puma.com. A limited quantity of NFTs and subsequently exclusive sneakers exist. Visit PUMA's discord page to learn more about the project.
PUMA
PUMA is one of the world's leading sports brands, designing, developing, selling and marketing footwear, apparel and accessories. For more than 70 years, PUMA has relentlessly pushed sport and culture forward by creating fast products for the world's fastest athletes. PUMA offers performance and sport-inspired lifestyle products in categories such as Football, Running and Training, Basketball, Golf, and Motorsports. It collaborates with renowned designers and brands to bring sport influences into street culture and fashion. The PUMA Group owns the brands PUMA, Cobra Golf and stichd. The company distributes its products in more than 120 countries, employs about 16,000 people worldwide, and is headquartered in Herzogenaurach/Germany.
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SOURCE PUMA | https://www.mysuncoast.com/prnewswire/2022/09/07/black-station-puma-reveals-first-ever-metaverse-experience-with-exclusive-nfts-new-york-fashion-week/ | 2022-09-07T05:41:08Z |
- Clarke Energy has secured a project to build and supply a 280kW combined heat and power (CHP) system to support the operation of a biogas plant treating dairy farm waste in Maine, USA.
- A CoEnergy 280NC combined heat and powered system with black start capability and a 500kW KOHLER natural gas fired back up generator will help support Peaks Renewables' biogas plant's energy sufficiency and resiliency.
CLINTON, Maine, Aug. 30, 2022 /PRNewswire/ -- Clarke Energy USA, Inc., a KOHLER Company, has secured a project to supply Peaks Renewables, LLC, a subsidiary of Summit Utilities, Inc., with a new natural gas fired combined heat and power (CHP) system, as well as a KOHLER back-up gas-fuelled generator.
Peaks Renewables is partnering with Maine's dairy industry to develop locally produced renewable natural gas at an anaerobic digestion facility in Clinton, Maine.
Cow manure will be collected and processed through the anaerobic digester owned and operated by Peaks. Once in the digester, the manure will be heated and decomposed, creating biogas. The gas then will be cleaned to make it pipeline quality. From there, Peaks will sell the renewable energy credits to third parties who need them for their own decarbonization requirements. The natural gas itself will be purchased by Peaks' affiliate company, Summit Natural Gas of Maine, and will be used to provide reliable gas service to its thousands of customers throughout the state.
Clarke Energy's CoEnergy products include CHP engines working in the sub 500kW range. These engines are assembled and containerized in an Upton, Massachusetts facility. The CHP system will deliver 280kW of electricity to support the operations and approximately 1.5 MMBtu of thermal energy which will be used to process hot water for the biogas plant. This is done at high efficiency - helping to reduce carbon emissions and save on fuel costs.
The CHP also has black start capability, meaning the facility can restore electric power without having to rely on the external electric power transmission network. In addition, Clarke Energy is supplying a 500kW KOHLER Power back up gas-fuelled generator. Both units will ensure energy efficiency and resilience for the project in the event of unexpected occurrences.
Ryan Morris, Peaks Renewables said:
"Our anaerobic digestion facility will enable us to treat farm waste sustainably and in parallel generate renewable natural gas which will help to reduce carbon emissions. We selected Clarke Energy to supply both our CHP plant and back up gas generator to deliver fuel efficiency and resilience to our operations."
Clarke Energy USA's Sales Director Alan Howard commented:
"We are delighted to be supplying a high efficiency CHP unit at Peaks Renewables anaerobic digestion facility in Maine. This CHP plant will reduce operational costs and carbon emissions for the site which is producing renewable natural gas."
Notes to editor
About Peaks Renewables, LLC
Peaks Renewables is a renewable energy development company specializing in the development of low carbon, carbon-neutral, and carbon-negative fuels like renewable natural gas and green hydrogen. Our goal is to help states, communities, utilities, homeowners, and industries reduce emissions while creating economic growth and providing access to clean, safe, reliable, and affordable energy solutions.
Peaks is a subsidiary of Summit Utilities, Inc.
To learn more, visit: www.peaksrenewables.com
About Summit Utilities, Inc
Summit Utilities, Inc. owns natural gas distribution and transmission subsidiaries that operate in Arkansas, Colorado, Maine, Missouri, Oklahoma, and Texas. The company provides safe, clean and affordable natural gas to businesses and residents in six states through Arkansas Oklahoma Gas, Colorado Natural Gas, Summit Natural Gas of Maine, Summit Natural Gas of Missouri, Summit Utilities of Arkansas, and Summit Utilities of Oklahoma. Each of Summit's natural gas distribution and transmission subsidiaries constructs and installs natural gas distribution systems with the goal of supporting economic development by providing clean-burning, safe and reliable natural gas to residential and commercial customers through exceptional customer service and commitment to community. Overall, Summit entities serve approximately 625,000 customers and operate more than 23,400 miles of pipeline.
About Clarke Energy
Clarke Energy, a KOHLER Company, is a leader in the engineering, design, installation and long-term maintenance of gas engine-based power plants. Clarke Energy employs over 1,300 staff and has over 7.4 GW of gas engines installed globally, 1.4GW of which is from biogas, a renewable fuel.
Clarke Energy USA, Inc. is an authorised distributor of INNIO's Jenbacher gas engines in the USA and a supplier of TPI's membrane-based biogas upgrading facilities. Clarke Energy's USA business supplies gas engines into a range of applications, including sub 500kW units assembled in Massachusetts by CoEnergy. These engines have a multitude of applications including- combined heat and power plants at industrial and commercial facilities, grid firming stations, CHP units for greenhouses, and hybrid solutions integrating energy storage and other forms of renewable power generation.
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SOURCE Clarke Energy | https://www.wibw.com/prnewswire/2022/08/30/summit-utilities-support-rng-biogas-plant-resilience-with-chp/ | 2022-08-30T11:22:17Z |
2 men arrested with enough fentanyl to kill 4.7 million people, officials say
BUENA PARK, Calif. (Gray News) - Officials in Southern California report police have taken two men into custody with hundreds of pounds of drugs, which has resulted in the biggest bust in the last 16 years in Orange County.
According to the Orange County District Attorney’s Office, a lethal dose of fentanyl is as little as 2 milligrams, and authorities recovered nearly 21 pounds of fentanyl pills after Buena Park police pulled over a minivan leaving a house on March 17.
Police also said they found about 821 pounds of methamphetamine and 190 pounds of cocaine.
Edgar Alfonso Lamas, 36, and Carlos Raygozaparedes, 53, were the men arrested in the drug bust. The district attorney’s office reports the two face several felony charges, including possession of a controlled substance and the sale or transportation of a controlled substance.
Police said the alleged two drug dealers were also charged with felony enhancements that the controlled substances exceeded 80 and 20 kilograms by weight or 400 liters by liquid volume.
“Millions of unsuspecting people have the grim reaper looking over their shoulder. They have no idea how close they actually are to dying from taking a single pill,” said Orange County District Attorney Todd Spitzer. “Fentanyl is cheap, it’s easy to get, and it is killing our children, our co-workers, and tens of thousands of innocent Americans who don’t have to die. Drug dealers don’t care about you or your loved ones – they only care about their bottom line and making as much money as possible.”
Lamas and Raygozaparedes face a maximum sentence of 37 years and four months in jail if convicted on all charges. According to the district attorney’s office, the two have pled not guilty and remain in custody on a $5 million bail.
According to court records, a preliminary hearing is scheduled for the two men on June 7 in Fullerton, California.
“With fentanyl in an estimated 40 percent of street drugs, it’s not a matter of if but when someone you know, and love dies from fentanyl. We have to continue to do everything we can to combat this deadly drug epidemic and save lives,” Spitzer said.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/07/2-men-arrested-with-enough-fentanyl-kill-47-million-people-officials-say/ | 2022-04-07T05:55:49Z |
NEW YORK (AP) — Seven months after being fired by CNN, Chris Cuomo is emerging publicly with a new podcast and plans to host a prime-time television show again starting this fall on NewsNation.
Cuomo made the latter announcement Tuesday on NewsNation, a fledgling cable news outlet created by Nexstar Communications in 2020 to replace WGN America. He was interviewed by Dan Abrams, who hosts a prime-time show there.
“I’ve been jealous of you while I’ve been away, out watching and I want to help,” Cuomo told Abrams. “I want to find a way to help people.”
NewsNation said Wednesday that Alexandra “Dusty” Cohen, who spent 20 years behind the scenes at “The View,” will be Cuomo’s executive producer. No show name, time slot or premiere date has been announced.
Cuomo, once CNN’s most popular prime-time personality, was fired in December after the network said he wasn’t forthcoming about the extent to which he was helping his brother, former New York Gov. Andrew Cuomo, try to weather a sexual harassment scandal.
During the inaugural episode of “The Chris Cuomo Project” that appeared on YouTube and on podcast services last week, Cuomo said that, “as for CNN, I’ll never be a hater.” He does, however, consider his firing unfair and has asked an arbitrator to award him $125 million.
“This has been a very heavy period for me personally,” Cuomo told Abrams. “I didn’t really see what was coming my way.”
Cuomo cited the litigation in not responding specifically to some of Abrams’ questions about the circumstances surrounding his firing. “I’m telling you, I never lied and there were no secrets,” he said.
In NewsNation, he’ll join a network that has ambitions to be a 24-hour news outlet but currently airs news in morning and evening hours. Ashleigh Banfield and Leland Vittert, formerly of MSNBC and Fox News, respectively, have prime-time shows.
Last year, the network had a prime-time average audience of 46,000 viewers, compared to CNN’s 1.1 million, the Nielsen company said.
CNN has not named a full-time host to replace Cuomo in the 9 p.m. Eastern slot.
Cuomo’s free-wheeling YouTube show was filmed in his house. The first episode stretched to two hours, including a 45-minute interview with actor Sean Penn conducted through a video service. They talked about Penn’s Ukraine documentary, and Cuomo also showed video from his recent visit to the war zone.
“Thank you for checking in on me and the family and for telling me to get back here,” Cuomo said in an opening monologue. “I really appreciate it more than you could imagine.”
Through Wednesday afternoon, “The Chris Cuomo Project” had received more than 47,000 views on YouTube in nearly a week.
Cuomo told listeners that “now more than ever before, I’m talking to you as me… these words are only my own. Nobody is telling me to stay on a story even if it has been run into the ground.”
The son and brother of two men who spent more than two decades as Democratic governors of New York, Cuomo said that he was not a Democrat. Or a Republican. He said he was “anti two-party partisanship.”
He also revealed that his first vote — while his father was governor in 1988 — was for Republican George H.W. Bush for president. | https://cw33.com/entertainment-news/ap-entertainment/ex-cnn-anchor-chris-cuomo-returning-with-online-cable-shows/ | 2022-07-28T08:03:39Z |
HONG KONG, June 23, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 16,000,000 of the Company's American Depositary Shares ("ADSs") (or pre-funded warrant to purchase certain ADSs ("ADS Equivalent") in lieu thereof), Series A Warrants to purchase up to an aggregate of 16,000,000 ADSs and Series B Warrants to purchase up to an aggregate of 16,000,000 ADSs, at a combined purchase price of US$1.00 per ADS (or ADS Equivalent) and associated warrants, in a registered direct offering. Each ADS represents ten (10) Class A ordinary shares, par value US$0.00005 per share, of BIT Mining. The offering is expected to close on or about June 27, 2022, subject to satisfaction of customary closing conditions.
H.C. Wainwright & Co., LLC is acting as the exclusive placement agent for the offering.
The Series A Warrants will have an exercise price of $1.10 per ADS, will be exercisable at any time upon issuance and will expire 5 years from the date of issuance. The Series B Warrants will have an exercise price of $1.00 per ADS, will be exercisable at any time upon issuance and will expire 2.5 years from the date of issuance.
The gross proceeds from the offering (without taking into account any proceeds from any future exercises of warrants issued), before deducting the placement agent's fees and other estimated offering expenses payable by the Company, are expected to be approximately US$16 million. The Company intends to use the net proceeds of the registered direct offering to invest in mining machines, build new data centers, expand infrastructure, and improve working capital position.
The securities described above are being offered by BIT Mining pursuant to a "shelf" registration statement on Form F-3 (File No. 333-258329) originally filed with the U.S. Securities and Exchange Commission (the "SEC") on July 30, 2021 and declared effective by the SEC on May 17, 2022. The offering of such securities is being made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and the accompanying prospectus relating to the securities being offered will be filed with the SEC. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, on the SEC's website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About BIT Mining
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, and data center operation. The Company owns the world's top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multi-currency mining services including BTC, ETH and LTC. The Company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, completing the Company's vertical integration with its supply chain, increasing its self-sufficiency and strengthening its competitive position.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "going forward," "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Important factors that could cause BIT Mining's actual results to differ materially from those indicated in the forward-looking statements include, among others: the completion of the registered direct offering; the satisfaction of customary closing conditions related to the registered direct offering and the intended use of net proceeds from the registered direct offering. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
For further information:
BIT Mining Limited
ir@btcm.group
ir.btcm.group
www.btcm.group
The Piacente Group, Inc.
Brandi Piacente
Tel: +1 (212) 481-2050
Email: BITMining@thepiacentegroup.com
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SOURCE BIT Mining Limited | https://www.wibw.com/prnewswire/2022/06/23/bit-mining-announces-us16-million-registered-direct-offering/ | 2022-06-23T13:19:26Z |
HARRISBURG, Pa., Aug. 1, 2022 /PRNewswire/ -- Centric Bank has promoted Maura E. Cohen to Vice President, Director of Mortgage Services and Consumer Lending, announces Patricia (Patti) A. Husic, President & CEO of Centric Bank and Centric Financial Corporation (OTC Pink: CFCX).
"Maura was one of our earliest team members when we embarked on the Centric Bank vision of community banking, and she has been a dedicated Centric Bank employee for 15 years," says Husic. "She keeps our customers at the center of every process, enabling her to move from a top consumer loan underwriter into a management role in mortgage operations to this promotion as a leader of the mortgage department. As Director of Mortgage Services, Maura's focused, consistent, and intentional sales culture will increase and sustain the bank's profitability. An early ambassador of our Centric Bank Way, she continues to expand our community outreach to first-time homebuyers."
In Cohen's previous Centric Bank role as Vice President, Mortgage Operations and Consumer Lending Manager, she monitored mortgage originations, processing, and settlements, all of which ensured adherence to quality control standards that contributed to the bank's record-breaking loan growth. With her promotion, she will be responsible for eight team members—four mortgage loan officers and four in the areas of processing, underwriting, loan closings, and quality control for mortgages and all consumer lending.
"Helping individuals and families realize their dreams of homeownership and helping them take the first step to create generational wealth and economic stability is a real passion for me," says Cohen. "Being part of a team that is a true partner to our mortgage clients throughout their home-buying and refinancing processes makes work a pleasure."
A key member of Centric Bank's four-time American Banker Most Powerful Women in Banking Top Team, Cohen previously worked for Dauphin Deposit Bank for 10 years in consumer lending and served as Assistant Vice President and Senior Retail Lender. Cohen earned her bachelor's degree from Shippensburg University.
An American Banker 2021, 2020, 2019, and 2018 Best Banks to Work For, four-time American Banker Most Powerful Women in Banking Top Team, three-time Best Places to Work, and Top 50 Fastest-Growing Companies for eight years, Centric Bank is headquartered in south central Pennsylvania with assets of $1.1 billion and remains a leader in organic loan growth. A locally owned, locally loaned community bank, Centric Bank provides highly competitive and pro-growth financial services to businesses, professionals, individuals, families, and to the health care and dental industries with the Doctor Centric Bank Division. Centric Bank was named one of the Top 200 Community Banks in the U.S. in 2022, 2021, 2020, and 2019.
Founded in 2007, Pennsylvania-based Centric Bank has financial centers located in Harrisburg, Hershey, Mechanicsburg, Camp Hill, Doylestown, Devon, and Lancaster, as well as commercial loan offices in Devon, Doylestown, Lancaster, and an Operations and Executive Office campus in Hampden Township, Cumberland County. To learn more about Centric Bank, call 717.657.7727 or visit CentricBank.com. Connect with them on Twitter, Facebook, LinkedIn, and Instagram.
Centric Financial Corporation is traded over the counter (OTC-Pink) with the ticker symbol CFCX.
Contact: Anne Deeter Gallaher
Tel. 717.580.4856
adg@deetergallahergroup.com
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SOURCE Centric Bank | https://www.wibw.com/prnewswire/2022/08/01/centric-bank-promotes-maura-cohen-vice-president-director-mortgage-services-consumer-lending/ | 2022-08-01T16:20:02Z |
TIANJIN, China, Aug. 18, 2022 /PRNewswire/ -- From August 19 to 20, the first World Vocational and Technical Education Development Conference (https://m.wvtedc.com/m/en-US?_t=ReI) will be held in north China's Tianjin. Centering on the new changes, new approaches and new skills during the development of vocational and technical education in the post-pandemic era, the conference has attracted about 700 delegates from 123 countries.
This conference is sponsored by the Ministry of Education (MOE), the National Commission for UNESCO of China and the Tianjin Municipal People's Government, and undertaken by the Vocational Education Development Center of the MOE, the Open University of China, the China Association for International Exchange of Education, the China Vocational and Technical Education Association and the Tianjin Municipal Education Commission.
During the conference, the first world vocational college skills competition and the cloud expo of the integration of industry and education of world vocational education will be held, and the initiative of preparing for the world vocational and technical education development alliance will be issued, forming a new platform and paradigm for international exchange and cooperation of vocational education that include a variety of forms.
The opening ceremony and the main forum will be held on August 19. Education ministers or ambassadors from 18 countries, representatives of some international organizations, industry organizations, well-known enterprises and vocational colleges will deliver speeches. On August 20, 14 parallel forums will be held, featuring attendance of more than 250 renowned experts and scholars from various countries. The conference will issue the proposal for the establishment of the world vocational and technical education development alliance and the Tianjin Initiative.
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SOURCE Tianjin Municipal People's Government | https://www.wibw.com/prnewswire/2022/08/19/first-world-vocational-technical-education-development-conference-held-north-chinas-tianjin/ | 2022-08-19T00:52:57Z |
VANCOUVER, BC, June 7, 2022 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX: NUAG) (NYSE: NEWP) is pleased to announce the commencement of drilling at Jisas prospect, a satellite concession located in the north block, approximately 3 kilometres north of the Silver Sand Project. The Company owns 100% interest in the Jisas prospect.
As the infill and step-out drilling at the Silver Sand Project for mineral resource update to be incorporated into the Preliminary Economic Assessment (the "PEA") due by the end of 2022 has been concluded in mid-May, 2022, the Company has now deployed one rig to carry out an initial 2,000 metre ("m") exploration drilling program at the Jisas prospect.
The Jisas prospect has undergone small scale underground mining prior to acquisition by the Company. Silver mineralization in bleached sandstones is similar to that at Silver Sand. Chip samples from surface outcrops and underground workings as well as grab samples from mining dumps taken by the Company returned silver grades ranging from tens of grams up to nine hundreds of grams per tonne.
The scientific and technical information contained in this news release have been reviewed and approved by Alex Zhang, P. Geo., Vice President of Exploration, who is a Qualified Person for the purposes of National Instrument 43-101 — Standards of Disclosure for Mineral Projects ("NI 43-101"). The Qualified Person has verified the information disclosed herein, including the sampling, preparation, security and analytical procedures underlying such information, and is not aware of any significant risks and uncertainties that could be expected to affect the reliability or confidence in the information discussed herein.
New Pacific is a Canadian exploration and development company with precious metal projects in Bolivia. The Company's flagship project, the Silver Sand Silver Project, is waiting for a new mineral resource update and PEA by the end of this year. Recently discovered Carangas silver-gold project is undergoing a 40,000 m drill program. Regarding the third project, the Silverstrike silver-gold project, the Company will commence an initial test drilling in June 2022.
New Pacific Metals Corp.
Phone: (604) 633-1368
U.S. & Canada toll-free: 1-877-631-0593
E-mail: investor@newpacificmetals.com
www.newpacificmetals.com
To receive company news by e-mail, please register using New Pacific's website at www.newpacificmetals.com.
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. Such statements include, but are not limited to: statements regarding the anticipated timing, amount and completion of exploration, drilling, development, construction, and other activities or achievements of the Company; anticipated outcomes therefrom; future economics of the Company's projects; timing of receipt of permits and regulatory approvals; estimates of the Company's revenues and capital expenditures; and other future plans, objectives or expectations of the Company.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks relating to: global economic and social impact of COVID-19; fluctuating equity prices, bond prices, commodity prices; calculation of resources, reserves and mineralization, general economic conditions, foreign exchange risks, interest rate risk, foreign investment risk; loss of key personnel; conflicts of interest; dependence on management, uncertainties relating to the availability and costs of financing needed in the future, environmental risks, operations and political conditions, the regulatory environment in Bolivia and Canada; risks associated with community relations and corporate social responsibility, and other factors described under the heading "Risk Factors" in the Company's Annual Information Form and its other public filings. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information.
The forward-looking statements are necessarily based on a number of estimates, assumptions, beliefs, expectations and opinions of management as of the date of this news release that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates, assumptions, beliefs, expectations and options include, but are not limited to, those related to the Company's ability to carry on current and future operations, including: the duration and effects of COVID-19 on our operations and workforce; development and exploration activities; the timing, extent, duration and economic viability of such operations; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the stabilization of the political climate in Bolivia; the Company's ability to obtain and maintain social license at its mineral properties; the availability and cost of inputs; the price and market for outputs; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits, including the ratification and approval of the Mining Production Contract with COMIBOL by the Plurinational Legislative Assembly of Bolivia; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.
Although the forward-looking statements contained in this news release are based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by these cautionary statements. Accordingly, readers should not place undue reliance on such statements. Other than specifically required by applicable laws, the Company is under no obligation and expressly disclaims any such obligation to update or alter the forward-looking statements whether as a result of new information, future events or otherwise except as may be required by law. These forward-looking statements are made as of the date of this news release.
The disclosure in this news release and referred to herein was prepared in accordance with NI 43-101 which differs significantly from the requirements of the U.S. Securities and Exchange Commission (the "SEC"). The terms "proven mineral reserve", "probable mineral reserve" and "mineral reserves" used in this news release are in reference to the mining terms defined in the Canadian Institute of Mining, Metallurgy and Petroleum Standards (the "CIM Definition Standards"), which definitions have been adopted by NI 43-101. Accordingly, information contained in this news release providing descriptions of our mineral deposits in accordance with NI 43-101 may not be comparable to similar information made public by other U.S. companies subject to the United States federal securities laws and the rules and regulations thereunder.
Investors are cautioned not to assume that any part or all of mineral resources will ever be converted into reserves. Pursuant to CIM Definition Standards, "Inferred mineral resources" are that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Such geological evidence is sufficient to imply but not verify geological and grade or quality continuity. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource and must not be converted to a mineral reserve. However, it is reasonably expected that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures.
Canadian standards, including the CIM Definition Standards and NI 43-101, differ significantly from standards in the SEC Industry Guide 7. Effective February 25, 2019, the SEC adopted new mining disclosure rules under subpart 1300 of Regulation S-K of the United States Securities Act of 1933, as amended (the "SEC Modernization Rules"), with compliance required for the first fiscal year beginning on or after January 1, 2021. The SEC Modernization Rules replace the historical property disclosure requirements included in SEC Industry Guide 7. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of "Measured Mineral Resources", "Indicated Mineral Resources" and "Inferred Mineral Resources". In addition, the SEC has amended its definitions of "Proven Mineral Reserves" and "Probable Mineral Reserves" to be substantially similar to corresponding definitions under the CIM Definition Standards. During the period leading up to the compliance date of the SEC Modernization Rules, information regarding mineral resources or reserves contained or referenced in this news release may not be comparable to similar information made public by companies that report according to U.S. standards. While the SEC Modernization Rules are purported to be "substantially similar" to the CIM Definition Standards, readers are cautioned that there are differences between the SEC Modernization Rules and the CIM Definitions Standards. Accordingly, there is no assurance any mineral reserves or mineral resources that the Company may report as "proven mineral reserves", "probable mineral reserves", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the standards adopted under the SEC Modernization Rules.
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SOURCE New Pacific Metals Corp. | https://www.mysuncoast.com/prnewswire/2022/06/07/new-pacific-commences-drilling-jisas-prospect-satellite-concession-north-silver-sand-project/ | 2022-06-07T11:37:53Z |
CHARLOTTESVILLE, Va. , April 11, 2022 /PRNewswire/ -- A clever new credential phishing attack known as "Browser-in-the-Browser" (BitB) has recently emerged which could catch many employees off-guard, leading to dangerous account takeover attacks that impact corporations.
The BitB attack, which is now being used by the Ghostwriter hacking group, is nearly invisible to its victims since it deftly exploits the single sign-on (SSO) authentication method common on websites. The attack imitates a legitimate SSO popup window, such as "Sign in with Google" or "Sign in with Facebook," and is even able to spoof a real URL address, which makes it difficult to tell if the login window is fake.
SafeGuard Cyber is warning companies to expect more targeted BitB attacks, since this credential phishing tactic is extremely convincing and easy for criminal hackers to implement. As the world's leading provider of security and compliance solutions for today's communications-based threats, SafeGuard Cyber has created a helpful online explainer of the BitB attack method, along with key security advice for companies to follow.
"BitB is a new social engineering tactic that only recently came to light, but it is likely to become a popular tactic among many criminal and nation-state groups due to its effectiveness and ease of use," said Chris Lehman, CEO of SafeGuard Cyber. "This is part of a larger strategy shift we are seeing among threat actors to target companies through the periphery, such as employees' personal accounts, where there is less security monitoring in place. By attacking an employee's personal email or social media account, the threat actor can more easily harvest a credential that may be reused on a corporate account. But they can also utilize these personal email and social media accounts as a staging ground for secondary social engineering attacks on other employees within the company."
Here are several security tips about BitB:
- Human detection will be difficult: The credential phishing windows will look nearly identical to real SSO popups, including legitimate URLs, so the targeted employee is unlikely to see any obvious 'red flags.'
- Technical indicators may not work: BitB attacks are based on simple HTML scripts that are not themselves malicious in nature, so it is hard to create a technical indicator for BitB attacks that won't flood you with false positives.
- Link detection is also problematic: While up-to-date link/URL detections may work some of the time, the site hosting the BitB attack may be too new to have been added to a detection database.
- Focus your defense on "the lure": Something has to lure the victim to click on the link and visit the site hosting the BitB attack in the first place. In most phishing attacks, this tends to be an email message, social media post, or direct message in some other application (such as Slack, LinkedIn, or WhatsApp). It is here, with the lure, that companies can add extra layers of protection in the form of employee education and automated language analysis of incoming messages to the enterprise.
- Automated language analysis is critical: Modern social engineering attacks like BitB evade standard cybersecurity protections, which is why enterprises need to incorporate automated language analysis (using Natural Language Understanding technology) into their security programs. When implemented across all communication channels, automated language analysis can identify any attempt made by an attacker to compromise employees using social engineering tactics, including BitB.
For more information about the BitB attack and how to defend against it, read SafeGuard Cyber's online explainer: "New BitB Attacks Show Credential Phishing Isn't Just an Email Problem."
About SafeGuard Cyber
SafeGuard Cyber provides security and compliance for human connections so enterprises can trust modern communications. With patented Natural Language Understanding technology, our security solutions deliver comprehensive visibility, detection and response to threats across the disparate communication methods used by today's digitally enabled businesses. In addition, cloud-based machine learning provides compliance solutions for governance and policy enforcement that empower customers to communicate through modern apps and social networking. Learn more at www.safeguardcyber.com.
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SOURCE SafeGuard Cyber | https://www.wibw.com/prnewswire/2022/04/11/safeguard-cyber-provides-security-advice-defending-against-browser-in-the-browser-bitb-attacks/ | 2022-04-11T17:10:47Z |
No Changes to All Reported GAAP Income from Operations, GAAP Net Income/Loss, Non-GAAP Gross Profit1, Non-GAAP Adjusted EBITDA2 and Non-GAAP Free Cash Flow3 Results
Re-Affirms Guidance for Non-GAAP Adjusted EBITDA2 and Non-GAAP Adjusted EPS4 for Fiscal Year Ended March 31, 2022
AUSTIN, Texas, May 17, 2022 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced today that it will restate its financial statements for the interim periods ended June 30, 2021, September 30, 2021, and December 31, 2021, following a review of the presentation of revenue net of license fees and revenue share for the Company's recently acquired businesses. The revenue for certain product lines of the recently acquired businesses, which are separate reportable segments, will now be reported net of license fees and revenue share, rather than on a gross basis, as had been previously reported. The changes have the offsetting effect of decreasing both revenue and license fees and revenue share in a like amount, while simultaneously increasing reported gross profit margin and Non-GAAP Adjusted EBITDA margin, in the interim financial statements for each relevant period. There is no change to the previously reported GAAP income from operations, GAAP net income/loss, Non-GAAP gross profit1, Non-GAAP Adjusted EBITDA2 and Non-GAAP free cash flow3 results. Restated interim consolidated financial statements for each of the affected quarters will be filed as amendments to the respective Company's Form 10-Q filings with the Securities and Exchange Commission on or before May 31, 2022.
"We believe that this change will also help facilitate peer comparisons for analysts and investors," said Barrett Garrison, CFO. "Furthermore, we believe that it will help us to more effectively highlight the relative gross margin and EBITDA margin profile of our profitable business model."
Guidance for Fiscal Year Ended March 31, 2022
The Company is re-affirming its previously issued guidance for Non-GAAP Adjusted EBITDA2 between $195 million and $197 million, and Non-GAAP Adjusted EPS4 of between $1.66 and $1.68, for the full fiscal year ended March 31, 2022. Previously issued guidance for revenue for the full fiscal year is no longer applicable as per today's reported accounting restatement. The Company expects to report full fiscal year 2022 financial results on May 31, 2022.
It is not reasonably practicable to provide a business outlook for GAAP net income because the Company cannot reasonably estimate the changes in stock-based compensation expense, which is directly impacted by changes in the Company's stock price, any adjustment to the contingent earn-out provisions, which will continue to be adjusted to fair value through the end of the earn-out periods, or other items that are difficult to predict with precision.
About Digital Turbine, Inc.
Digital Turbine is the leading independent mobile growth platform and levels up the landscape for advertisers, publishers, carriers and OEMs. By integrating a full ad stack with proprietary technology built into devices by wireless operators and OEMs, Digital Turbine supercharges advertising and monetization. The company is headquartered in Austin, Texas, with global offices in New York, Los Angeles, San Francisco, London, Berlin, Singapore, Tel Aviv and other cities serving top agency, app developer and advertising markets. For additional information visit www.digitalturbine.com.
Use of Non-GAAP Financial Measures
To supplement the Company's consolidated financial statements presented in accordance with GAAP, Digital Turbine uses non-GAAP measures of certain components of financial performance. These non-GAAP measures include non-GAAP adjusted net income and earnings per share ("EPS"), non-GAAP gross profit, non-GAAP adjusted EBITDA and non-GAAP free cash flow.
Non-GAAP measures are provided to enhance investors' overall understanding of the Company's current financial performance, prospects for the future and as a means to evaluate period-to-period comparisons. The Company believes that these non-GAAP measures provide meaningful supplemental information regarding financial performance by excluding certain expenses and benefits that may not be indicative of recurring core business operating results. The Company believes the non-GAAP measures that exclude such items when viewed in conjunction with GAAP results and the accompanying reconciliations enhance the comparability of results against prior periods and allow for greater transparency of financial results. The Company believes non-GAAP measures facilitate management's internal comparison of its financial performance to that of prior periods as well as trend analysis for budgeting and planning purposes. The presentation of non-GAAP measures is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.
1Non-GAAP gross profit is defined as GAAP gross profit adjusted to exclude the effect of stock-based compensation, amortization of intangibles, adjustments in the fair value of earn-out liabilities associated with acquisitions, and transaction-related expenses and compensation costs. Readers are cautioned that non-GAAP gross profit should not be construed as an alternative to comparable GAAP net income figures determined in accordance with U.S. GAAP as an indicator of profitability or performance, which is the most comparable measure under GAAP.
2Non-GAAP adjusted EBITDA and non-GAAP adjusted net income and EPS are used by management as internal measures of profitability and performance. They have been included because the Company believes that the measures are used by certain investors to assess the Company's financial performance before non-cash charges and certain costs that the Company does not believe are reflective of its underlying business.
3Non-GAAP free cash flow, which is a non-GAAP financial measure, is defined as net cash provided by operating activities (as stated in our Consolidated Statement of Cash Flows), excluding acquisition-related contingency payments, reduced by capital expenditures. Readers are cautioned that free cash flow should not be construed as an alternative to net cash provided by operating activities determined in accordance with U.S. GAAP as an indicator of profitability, performance or liquidity, which is the most comparable measure under GAAP.
4Non-GAAP adjusted net income and EPS are defined as GAAP net income and EPS adjusted to exclude the effect of stock-based compensation expense, amortization of intangibles, adjustments in the fair value of earn-out liabilities associated with acquisitions, and transaction-related expenses and compensation costs. Readers are cautioned that non-GAAP adjusted net income and EPS should not be construed as an alternative to comparable GAAP net income figures determined in accordance with U.S. GAAP as an indicator of profitability, performance or liquidity, which is the most comparable measure under GAAP.
Forward-Looking Statements
This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this news release that are not statements of historical fact and that concern future results from operations, financial position, economic conditions, product releases and any other statement that may be construed as a prediction of future performance or events, including financial projections and growth in various products are forward-looking statements that speak only as of the date made and which involve known and unknown risks, uncertainties and other factors which may, should one or more of these risks uncertainties or other factors materialize, cause actual results to differ materially from those expressed or implied by such statements. These factors and risks include:
- a decline in general economic conditions nationally and internationally
- decreased market demand for our products and services
- market acceptance and brand awareness of our products
- risks associated with indebtedness
- the ability to comply with financial covenants in outstanding indebtedness
- the ability to protect our intellectual property rights
- risks associated with adoption of our platform among existing customers (including the impact of possible delays with major carrier and OEM partners in the roll out for mobile phones deploying our platform)
- actual mobile device sales and sell-through where our platform is deployed is out of our control
- risks associated with our ability to manage the business amid the COVID-19 pandemic
- the impact of COVID-19 on our partners, digital advertising spend and consumer purchase behavior
- the impact of COVID-19 on our results of operations
- risks associated with new privacy laws, such as the European Union's GDPR and similar laws which may require changes to our development and user interface for certain functionality of our mobile platform
- risks associated with the activities of advertisers
- risks associated with the timing of our platform software pushes to the embedded bases of carrier and OEM partners
- risks associated with end user take rates of carrier and OEM software pushes which include our platform
- new customer adoption and time to revenue with new carrier and OEM partners is subject to delays and factors out of our control
- risks associated with fluctuations in the number of our platform slots across US carrier partners
- required customization and technical integration which may slow down time to revenue notwithstanding the existence of a distribution agreement
- risks associated with delays in major mobile phone launches, or the failure of such launches to achieve the scale
- customer adoption that either we or the market may expect
- the difficulty of extrapolating monthly demand to quarterly demand
- the challenges, given the Company's comparatively small size, to expand the combined Company's global reach, accelerate growth and create a scalable, low-capex business model that drives EBITDA (as well as adjusted EBITDA)
- ability as a smaller company to manage international operations
- varying and often unpredictable levels of orders; the challenges inherent in technology development necessary to maintain the Company's competitive advantage such as adherence to release schedules and the costs and time required for finalization and gaining market acceptance of new products
- changes in economic conditions and market demand
- rapid and complex changes occurring in the mobile marketplace
- pricing and other activities by competitors
- technology management risk as the Company needs to adapt to a rapidly developing mobile device marketplace, complex specifications of different carriers and the management of a complex technology platform given the Company's relatively limited resources
- system security risks and cyberattacks
- risks and uncertainties associated with the integration of the acquisition of AdColony, including our ability to realize the anticipated benefits of the acquisition
- risks and uncertainties associated with the integration of the acquisition of Fyber, including our ability to realize the anticipated benefits of the acquisition and the satisfaction of related earn-out provisions
- risks associated with the failure or inability to pay the future consideration due in the Fyber acquisition
- challenges and risks associated with our rapid growth by acquisitions and resulting significant demands on our management and infrastructure
- challenges and risks associated with our global operations and related business, political, regulatory, operational, financial, and economic risks as a result of our global operations
- other risks including those described from time to time in Digital Turbine's filings on Forms 10-K and 10-Q with the Securities and Exchange Commission (SEC), press releases and other communications.
You should not place undue reliance on these forward-looking statements. The Company does not undertake to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Form 8-K Filing
As the Company completes the restatement analysis, financial close and reporting process, and financial statement audit, the interim period financial statements will reflect any additional adjustments that are required. For additional details, as well as preliminary estimates for select data, please reference the Company's Form 8-K filed on May 17, 2022.
Investor Relations Contact:
Brian Bartholomew
Digital Turbine, Inc.
brian.bartholomew@digitalturbine.com
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SOURCE Digital Turbine, Inc. | https://www.kxii.com/prnewswire/2022/05/17/digital-turbine-announces-fiscal-2022-quarterly-results-be-restated-reflect-recognition-revenue-net-basis-certain-product-lines-recently-acquired-businesses/ | 2022-05-17T22:27:24Z |
BOCA RATON, Fla., Aug. 18, 2022 /PRNewswire/ -- Newsmax announced today that it has signed an exclusive US Hispanic ad sales partnership with El American.
Newsmax will serve as El American's digital marketing agent to reach conservative US Hispanics.
Jorge Granier Phelps, CEO El American said, "We believe the Newsmax Ad Sales team and broader brand integrity are uniquely positioned to accelerate El American's growth, while offering marketers a one-stop shop to reach conservative audiences."
"Hispanics are patriots, and many came here because they wanted a better life. Many US Hispanics fled their home countries, such as Cuba, Venezuela and Nicaragua, searching for freedom and opportunity, and are increasingly voting conservative."
A recent WSJ poll shows that Republicans have made rapid gains among a crucial voting demographic that has long favored Democrats, and that Hispanics are now evenly split between the parties.
Chris Ruddy, CEO Newsmax said, "US Hispanic conservatives deserve high-quality journalism that embraces faith, family, and entrepreneurship. We're delighted to empower El American's rapid growth to provide an underserved audience a voice they deserve."
About Newsmax
Newsmax Media, Inc. operates Newsmax, the nation's fourth highest-rated cable news network and a top 25 cable channel, according to Nielsen. Newsmax is carried on all major cable and satellite systems, and is also available in more than 100 million U.S. homes through most streaming platforms. Newsmax's media properties reach more than 40 million Americans regularly through Newsmax TV, the Newsmax App, its popular website Newsmax.com, publications like Newsmax Magazine. Forbes has called Newsmax "a news powerhouse."
About El American
El American is the bilingual digital media platform focused on providing information, opinion, analysis and real journalism to the fastest growing audience in the United States: Hispanics. El American is consumed by conservative and libertarian Hispanics across the U.S. and has a monthly reach of over 5 million individuals, with more than 250 million interactions across social media. The company is set to launch a 24/7 nationally syndicated television network.
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SOURCE El American | https://www.kxii.com/prnewswire/2022/08/18/newsmax-el-american-sign-exclusive-us-hispanic-ad-sales-partnership/ | 2022-08-18T21:00:23Z |
More than 230 children hunt for Easter eggs in North Canton despite rain
NORTH CANTON — Armed with Easter baskets, grocery bags and even a giraffe backpack, children fanned out across the grass scooping up as many plastic eggs as they could.
After two years of cancellations due to the coronavirus pandemic, the North Canton Jaycees' annual Easter Egg Hunt returned Saturday for its 21st year.
More Easter egg hunts:Looking for an Easter egg hunt or Easter activity? Here's the list in Stark County
The rainy skies and increasingly cold weather didn't stop friends Irelynn Carden and Maria Welstead, both age 6, from filling up their baskets. It was their first time at the event.
They were among the roughly 230 children age 12 and younger who attended Saturday.
With 6,500 eggs in the outfield of the Hoover High School softball fields, most children were able to fill their baskets and even stash more in their pockets.
The event also raised 15 crates of nonperishable food for the Stark County Hunger Task Force's Backpack for Kids Program. | https://www.cantonrep.com/story/news/local/north-canton/2022/04/16/north-canton-jaycees-easter-egg-hunt-attracts-230-kids-6-500-eggs/7324233001/ | 2022-04-16T18:43:11Z |
NORTH CHICAGO, Ill., Sept. 9, 2022 /PRNewswire/ -- The board of directors of AbbVie Inc. (NYSE: ABBV) today declared a quarterly cash dividend of $1.41 per share.
The cash dividend is payable November 15, 2022, to stockholders of record at the close of business on October 14, 2022.
Since the company's inception in 2013, AbbVie has increased its dividend by more than 250 percent. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years.
About AbbVie
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.
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SOURCE AbbVie | https://www.wibw.com/prnewswire/2022/09/09/abbvie-declares-quarterly-dividend/ | 2022-09-09T16:04:58Z |
CEDARHURST, N.Y., Sept. 7, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Abbott Laboratories (NYSE: ABT), if they purchased the Company's shares between February 19, 2021 to June 8, 2022, inclusive (the "Class Period"). Shareholders have until October 31, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nyse-abt/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.mysuncoast.com/prnewswire/2022/09/08/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-abbott-laboratories-abt/ | 2022-09-08T04:30:35Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating CatchMark Timber Trust, Inc. (CTT), relating to its proposed acquisition by PotlatchDeltic Corp. Under the terms of the agreement, CTT shareholders will receive 0.23 shares of PotlatcDeltic per share they own. Click here for more information: http://monteverdelaw.com/case/catchmark-timber-trust-inc. It is free and there is no cost or obligation to you.
About Monteverde & Associates PC
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.
If you own common stock in CTT and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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SOURCE Monteverde & Associates PC | https://www.kxii.com/prnewswire/2022/06/01/shareholder-alert-mampa-class-action-firm-announces-an-investigation-catchmark-timber-trust-inc-ctt/ | 2022-06-01T04:50:41Z |
Freeland, Rockies reach $64.5M, 5-year deal, avoid hearing
DENVER (AP) — Pitcher Kyle Freeland and his hometown Colorado Rockies have agreed to a $64.5 million, five-year contract, avoiding a salary arbitration hearing that had been scheduled for May 24. Freeland gets $7 million this season, $10.5 million in 2023, $15 million in 2024 and $16 million each in 2025 and 2026. Freeland is 0-2 with a 10.00 ERA in two starts this season and 40-42 with a 4.28 ERA in six seasons. | https://localnews8.com/sports/ap-national-sports/2022/04/19/freeland-rockies-reach-64-5m-5-year-deal-avoid-hearing/ | 2022-04-19T23:05:43Z |
NEW ORLEANS, April 22, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 16, 2022 to file lead plaintiff applications in a securities class action lawsuit against Grab Holdings Limited (NasdaqGS: GRAB, GRABW), if they purchased the Company's securities between August 2, 2021 and March 3, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.
Get Help
Grab investors should visit us at https://claimsfiler.com/cases/nasdaq-grab/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Grab and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On March 3, 2022, the Company announced its 4Q2021 results, disclosing "a 44% decline YoY" in revenue and a $1.1 billion loss for the quarter due to "invest[ing] heavily" in driver incentives and that it would take one or two quarters "to get that equilibrium between drivers and riders, between supply and demand."
On this news, shares of Grab fell $2.04, or 37.3%, to close at $3.28 per share on March 3, 2022, on unusually heavy trading volume.
The case is Peccarino v. Grab Holdings Limited, et al., No. 22-cv-2189.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler | https://www.mysuncoast.com/prnewswire/2022/04/23/grab-holdings-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-grab-holdings-limited-grab-grabw/ | 2022-04-23T06:42:04Z |
Evergy to purchase Oklahoma wind farm benefitting Missouri customers
TOPEKA, Kan. (WIBW) - Evergy is in the midst of the purchase of an Oklahoma wind farm for $250 million, which will serve customers in western Missouri.
Evergy says on Tuesday, Aug. 9, that a new partnership with both Scout Clean Energy and Elawan Energy will fund the $250 million purchase of the 199-megawatt Persimmon Creek Wind Farm in western Oklahoma.
Evergy noted that the renewable energy from the wind farm will serve customers in the Evergy Missouri West service area. This service area includes Clinton, St. Joseph and Chillicothe, Mo.
“Evergy continues to tap into the Midwest’s affordable renewable energy resources to serve our customers,” said David Campbell, Evergy president and CEO. “Expanding our portfolio of renewable generation positions us to ensure customers receive the long-term benefits of these assets.”
Over the next decade, Evergy indicated that it plans to add more than 3,500 MW of renewable energy and retire more than 1,900 MW of coal-based fossil generation. It said it has set a goal of 70% carbon reduction by 2030 - relative to 2005 levels - and a target to reach net-zero carbon emissions by 2045.
The utility company noted that it expects a combination of supportive energy policies and evolving technology to ensure the net-zero goal.
“Evergy’s commitment to affordable, reliable, and sustainable electricity drives our planning, and Persimmon Creek Wind Farm supports those three tenants,” Campbell said. “This addition is part of our responsible transition to cleaner energy that includes maintaining a balanced mix of generation sources to ensure we reliably deliver the power our customers need.”
Evergy said Persimmon Creek Wind Farm became a commercial operation in 2018 with 80 General Electric turbines across 17,000 acres in Dewey, Ellis and Woodward counties in Oklahoma.
Evergy noted that the acquisition of the farm - which is expected to close by early 2023 - remains subject to closing conditions, including regulatory approvals. It said its legal advisor on the transaction was Morgan, Lewis & Bockius LLP and Scout and Elawan’s legal advisor was McDermott Will & Emery LLP.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/09/evergy-purchase-oklahoma-wind-farm-benefitting-missouri-customers/ | 2022-08-09T14:18:51Z |
Stigma-free monkeypox information is essential to combat disease, health officials say
DENVER (KUSA) - State officials in Colorado report 68 people have tested positive for monkeypox, and cases are rising internationally.
Since the beginning of the global outbreak of monkeypox, public health officials have struggled to share good information with at-risk people that doesn’t also create a stigma against certain populations.
“The LGBTQ+ community, historically has had a problematic relationship with the medical and mental health field.” Said Steven Haden, founder of Envision You, a Denver-based nonprofit focused on the mental health and well-being of Colorado’s LGBTQ+ community.
Monkeypox is spread through close or intimate contact. Most cases today are among men who have sex with men.
But public health officials stress this can and has spread beyond one population.
“When you closely associate a public health concern like this with a certain population, it prevents people who are not part of that population from seeking care,” Haden said.
Headlines matter. “The problem with that headline (focusing on men who have sex with men) is suggesting this is a disease that should only impact gay men. And, in fact, that’s not true,” he said.
And history matters, said Haden, from the HIV/AIDS epidemic of the 80s and 90s to the modern-day political battles over LGBTQ rights.
“The community is already experiencing profound mental health challenges through stigma, discrimination, targeted harassment,” he said. “As you think about how do we target messages, especially around public health emergencies like Monkeypox, we need to be very thoughtful about how we craft and target certain populations with messaging, how do we engage people in way they feel safe and understood. And using culturally relevant and affirming language is essential.”
Haden said there is another recent example - and a warning - about the risks of targeting certain populations.
During COVID-19, the U.S. saw a rise in anti-Asian discrimination and even violence.
Copyright 2022 KUSA via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/01/stigma-free-monkeypox-information-is-essential-combat-disease-health-officials-say/ | 2022-08-01T13:58:37Z |
JOHNSTOWN, Pa., April 20, 2022 /PRNewswire/ -- AmeriServ Financial, Inc. (the "Company") (NASDAQ: ASRV), will hold the Company's 2022 Annual Meeting of Shareholders virtually via webcast.
Although shareholders will not be able to attend the annual meeting in person, virtual attendance capabilities will provide shareholders the ability to participate and ask questions during the meeting. Additionally, the Company's shareholders will be deemed "present" if they access the annual meeting through the virtual platform and they will be able to vote their shares at the annual meeting, or revoke or change a previously submitted vote, through the virtual platform.
The virtual meeting will be held on Tuesday, April 26, 2022 at 1:30 p.m. As described in the proxy materials for the annual meeting, the Company's shareholders are entitled to participate in the annual meeting if they were a shareholder of record as of the close of business on February 11, 2022, which is the record date for the annual meeting.
Shareholders will be able to attend the meeting online, vote their shares electronically, and submit their questions during the meeting by visiting https://www.virtualshareholdermeeting.com/ASRV2022.
The Company urges shareholders to consider voting and submitting proxies in advance of the annual meeting using one of the available methods described in the proxy materials previously provided to the Company's shareholders.
Pertinent User Information:
What: 2022 Annual Meeting of Shareholders
When: 1:30 p.m. ET, Tuesday, April 26, 2022
Where: https://www.virtualshareholdermeeting.com/ASRV2022.
Participants are asked to register for the webcast approximately 10 to 15 minutes prior to the beginning of the meeting. The replay of the meeting will be available at the same site 24 hours after the meeting has concluded.
About AmeriServ Financial, Inc.
AmeriServ Financial, Inc. is the parent of AmeriServ Financial Bank and AmeriServ Trust and Financial Services Company in Johnstown, Pennsylvania. The Company's subsidiaries provide full-service banking and wealth management services through 18 community offices in southwestern Pennsylvania and Hagerstown, Maryland. The Company also operates loan production offices in Altoona and Monroeville, Pennsylvania. At March 31, 2022, AmeriServ had total assets of $1.3 billion and a book value of $6.65 per common share. For more information, visit www.ameriserv.com.
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SOURCE AmeriServ Financial, Inc. | https://www.wibw.com/prnewswire/2022/04/20/ameriserv-financial-inc-hold-virtual-annual-shareholders-meeting/ | 2022-04-20T12:57:40Z |
AMSTERDAM, May 23, 2022 /PRNewswire/ -- Spaceti, a Holistic Building Experience platform, announced today a funding round led by Watheeq Proptech Venture and Venture to Future Fund.
"Spaceti is on a mission to help real estate managers make data-driven decisions to improve operational efficiencies while enhancing building user experience," said Max Verteletskyi, CEO & Cofounder at Spaceti.
Spaceti solutions, distributed via its partner's network in more than 20 countries, create hybrid, flexible, and sustainable built environments. Spaceti's platform serves large Enterprise clients such as Vodafone, Deloitte, Steelcase, and asset managers like CBRE, British Land, and PFA, covering more than 30mil. + square feet.
Khaled Zaidan, Managing Partner at Watheeq Proptech Venture from Saudi Arabia, said: "There has been a rapid growth in the adoption of digital technologies in the real estate sector, but the sector requires comprehensive knowledge. Spaceti is the heart of this acceleration, improving sustainability, well-being and reducing costs. Based on that, we are proud to have Spaceti as our first investment opportunity in Europe. We are looking to assist the company in expanding their solutions to the MENA region."
Matej Říha, Chairman of the Board of Directors at Venture to Future Fund, a joint initiative of the European Investment Bank, the Ministry of Finance of the Slovak Republic, and the Slovak Investment Holding, stated, "As the demand for safe and smart working spaces in the post- COVID world rapidly increased, VFF sees huge potential in the PropTech sector, and Spaceti proved it has what we have been looking for to bring these solutions to more customers globally and in Slovakia as well."
The funds will be used to further enhance Spaceti's product offering and make it more accessible for Small and Medium-Sized Enterprises. Moreover, the company plans to grow its engineering teams in Czechia and Slovakia and open regional headquarters in KSA and USA to strengthen key partner/customer support personnel.
About Spaceti:
Founded in 2016, Spaceti Holding B.V. helps tenants and landlords drive customer value with a Hybrid work app (booking of desks, meeting rooms, parking lots, lockers) and with Workplace analytics of IoT data (occupancy, temperature, humidity, CO2).
Existing Investors: Reflex Capital, Lighthouse Ventures, Fast Forward, Kamil Vacek
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SOURCE Spaceti Holding B.V. | https://www.kxii.com/prnewswire/2022/05/23/spaceti-receives-new-funding-accelerate-european-american-growth-expand-middle-east/ | 2022-05-23T09:36:19Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) alleging that the Company violated federal securities laws.
Class Period: May 7, 2021 to February 25, 2022
Lead Plaintiff Deadline: June 14, 2022
No obligation or cost to you.
Learn more about your recoverable losses in AUPH:
https://www.kleinstocklaw.com/pslra-1/aurinia-pharmaceuticals-inc-loss-submission-form?id=28117&from=4
CLASS ACTION CASE DETAILS: The filed complaint alleges that Aurinia Pharmaceuticals Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Aurinia was experiencing declining revenues; (ii) Aurinia's 2022 sales outlook for the Company's only product which it offers for the treatment of adult patients with active lupus nephritis, LUPKYNIS, would fall well short of expectations; (iii) accordingly, the Company had significantly overstated LUPKYNIS's commercial prospects; (iv) as a result, the Company had overstated its financial position and/or prospects for 2022; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Aurinia Pharmaceuticals Inc. you have until June 14, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Aurinia Pharmaceuticals Inc. securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the AUPH lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/aurinia-pharmaceuticals-inc-loss-submission-form?id=28117&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/06/07/auph-alert-klein-law-firm-announces-lead-plaintiff-deadline-june-14-2022-class-action-filed-behalf-aurinia-pharmaceuticals-inc-shareholders/ | 2022-06-07T10:02:43Z |
LINCOLN, Neb., Aug. 15, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the second quarter of 2022.
Second Quarter 2022 Highlights:
- GAAP net income was $9.3 million compared to a $(5.0) million GAAP net loss incurred in the second quarter of 2021. GAAP earnings were $2.47 per share (diluted) versus the $(1.34) per-share loss in Q1 2021.
- GAAP total revenue was slightly negative at $(122,000) compared to total revenue of $8.9 million in the second quarter of 2021. Total revenue was increased by net investment income of $10.5 million compared to $3.2 million in second quarter of 2021, as invested assets grew to $1.2 billion as of June 30, 2022, compared with $834.5 million as of June 30, 2021. This increase was offset by a decline in the market value of derivatives.
- Annuity direct written premium under statutory accounting principles ("SAP"), a non-GAAP measure, was $156.0 million, up 59% compared to $98.1 million in first quarter of 2022 and up from $125.9 million in 2021's second quarter. The mix of our new business was 45% Multi-Year Guaranteed Annuities (MYGA) and 55% Fixed Indexed Annuities (FIA).
- Ceded premiums (SAP) were $59.9 million compared with $86.1 million in the year-earlier quarter. The cession rate, or that portion of our written premiums that we reinsured, was 38.4% compared with 68.4%.
- Total expenses benefited from negative interest credited due to the fall in value of the options embedded in our liabilities and the gain on mark-to-market value of the options allowance classified in other operating expenses.
Georgette Nicholas, CEO of Midwest noted, "We are seeing strong results from the actions we took in the first quarter to position the Company for growth relating to distribution, pricing, products, investment management, and reinsurance. We are investing in technology and foundational capabilities to strengthen the business. We saw strong trends in premiums written in the second quarter. We are benefiting from movements in interest rates, as consumers seek stable returns, and from the performance of our investment portfolio. Overall, the second quarter showed very positive trends and positioned us for a strong start to the third quarter."
Ms. Nicholas concluded: "Our opportunities are substantial to build on the value of our platform. The focus of the team continues to be on the key drivers of growth and profitability: Deepening distribution relationships, state expansion to achieve sales growth, reinsurance, investment management, and operational readiness and efficiency. With these five keys to our strategy, we will deliver on our commitment to shareholders to produce strong growth paired with a high return on capital."
Q2 2022 versus Q2 2021 on a GAAP basis
Midwest reported GAAP net income of $9.3 million in the second quarter of 2022 compared to a $(5.0) million GAAP net loss incurred in the second quarter of 2021. On a diluted, per-share basis, this year's quarterly net income was 2.47 cents compared with the (1.34)-cent per-share loss reported in the second quarter of 2021.
Investment income in 2022's second quarter was $10.5 million compared with $3.2 million in the prior- year's second quarter. Driving the change was an increase in invested assets as well as performance on those assets, benefiting from core capabilities developed around sourcing assets with a higher yield – generating approximately a 5.5% return on the investment portfolio.
Amortization of deferred gain on reinsurance reached $1.0 million in the second quarter of 2022 compared with $588,000 in the second quarter of 2021 primarily due to growth in the deferred gain on co-insurance on our balance sheet, which reflects ceding commissions received on reinsurance of business to third parties.
Service fee revenue was $416,000 versus $672,000 in the prior year second quarter. Service fee revenue consists of fee revenue generated for our asset-management services provided to third-party clients. Assets under management for third parties was $471.1 million on June 30, 2022, compared to $455.4 million on March 31, 2022.
Other revenue finished at $514,000 compared with $358,000 in the prior-year quarter. Other revenue consists primarily of revenue we generate by providing ancillary services, such as policy administration, to third parties and policy surrender charges.
Our total expenses on a GAAP basis were a negative $(1.4) million versus $13.1 million in the prior year second quarter. Total expenses were helped by negative interest credited due to the decrease in value of the options embedded in our liabilities of $2.0 million and an increase in mark-to-market value of our options allowance of $5.3 million. Salaries and benefits were $4.2 million in Q2 2022 compared to $4.5 million in Q2 2021 as we continue to seek operational improvement and work on technology initiatives.
Guidance
We continue to see intense competition in the fixed annuity market around pricing and new competitors. We have taken actions to maintain a competitive position and have seen positive results from these actions and improved sales momentum in the second quarter. With these positive trends and the premium written so far along with the backlog in process, we have had a strong start to the third quarter.
State expansion efforts remain a key priority. We have active applications in process and will provide updates as they progress.
Given these dynamics, we are confident in anticipated premiums written being in the range of $500 million to $600 million (SAP) for the year. We expect the mix in product sales to be 60% towards MYGA this year, given increasing interest rates and market volatility and 40% FIA. We would expect that to move back towards 75% FIA and 25% MYGA in future years.
The goal is to cede, on average, approximately 70-90% of our premium in the year to generate ceded commission fees and manage capital, although currently we are running at approximately 40%. Timing of closing additional reinsurance deals can be delayed due to various factors and will vary quarter to quarter as new agreements are reached. Demand from our existing reinsurance partners is strong and we have capacity in place to cover anticipated written premium through them with the potential to grow along with additional potential reinsurance transactions in the pipeline.
We are making progress towards bringing general and administrative expenses on a management basis, a non-GAAP measure, within approximately $27 to $28 million for the full year 2022.
Q2 2022 Key Performance Indicators and Non-GAAP Financial Measures
In addition to GAAP measures, Midwest's management utilizes a series of key performance indicators (KPIs) and non-GAAP measures to, among other things:
1) monitor and evaluate the performance of our business operations and financial performance;
2) facilitate internal comparisons of the historical operating performance of our business operations;
3) review and assess the operating performance of our management team;
4) analyze and evaluate financial and strategic planning decisions regarding future operations;
5) plan for and prepare future annual operating budgets and determine appropriate levels of operating investments; and
6) facilitate comparison of results between periods and to better understand the underlying historical trends in our business and prospects.
These non-GAAP measures are not a substitute for GAAP measures; however, management believes that when used in conjunction with the GAAP measures, the non-GAAP measures can contribute to investors' understanding of our business. Non-GAAP financial measures used by us may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. These non-GAAP financial measures should be considered along with, but not as alternatives to, our operating performance measures as prescribed by GAAP.
Annuity Premiums (a KPI)
For the second quarter of 2022, annuity direct written premiums were $156.0 million compared with $98.1 million at first quarter of 2022 and up from $125.9 million in the second quarter of 2021. Ceded premiums were $59.9 million in second quarter of 2022 compared to $40.1 million in 2022's first quarter. whereas ceded premiums were $86.1 million in the second quarter of 2021. Of the second quarter 2022 sales, approximately 45% was in the MYGA category and the remaining 55% consisted of sales of FIAs.
Fees Received for Reinsurance (a KPI)
We use this non-GAAP figure to measure our efforts to secure third-party capital to back our reinsurance programs. Fees Received for Reinsurance sums two components: Amortization of deferred gain on reinsurance, which is a line item in our Consolidated Statements of Comprehensive Income (Loss), and deferred coinsurance ceding commission, which is a line item in our Consolidated Statements of Cash Flows.
For the second quarter of 2022, fees received for reinsurance totaled $3.2 million compared with $4.9 million in the second quarter of 2021.
General and Administrative Expenses (a non-GAAP measure)
We monitor this figure to track our overhead. It includes salary and benefits and other operating expenses; however, it excludes non-cash stock-based compensation and the non-cash mark-to-market-adjustment of our option budget allowance.
G&A expense in the second quarter of 2022 was $7.0 million, down from $8.9 million at first quarter 2022 and compared with $5.9 million in the prior year second quarter. We continue to build foundational capabilities to support potential growth in the business and work on technology initiatives.
Management Expenses (a non-GAAP measure)
We use this metric to monitor the expenses of our business on a cash basis. Importantly, we exclude from the calculation of management expenses the index interest credited related to our FIAs because this expense is hedged. Instead, we add back to Management Expenses the period's amortization of options previously purchased to provide this hedge. We view this amortized cost as our true cost of funds. Management Expenses also excludes the mark-to-market adjustment of our option budget allowance.
Management Expenses and non-cash stock-based compensation
SPECIAL CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained or incorporated by reference in this release constitute forward-looking statements. These statements are based on management's expectations, estimates, projections and assumptions. In some cases, you can identify forward-looking statements by terminology including "could," "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "intend," or "continue," the negative of these terms, or other comparable terminology used in connection with any discussion of future operating results or financial performance. These statements are only predictions and reflect our management's good faith present expectation of future events and are subject to a number of important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.
Factors that may cause our actual results to differ materially from those contemplated or projected, forecast, estimated or budgeted in such forward-looking statements include among others, the following possibilities:
- intense competition, including pricing, competitive pressures from established insurers with greater financial resources, the entry of new competitors, and the introduction of new products by new and existing competitors;
- our business plan, particularly including our reinsurance strategy, may not prove to be successful;
- our reliance on third-party insurance marketing organizations to market and sell our annuity insurance products through a network of independent agents;
- adverse changes in our ratings obtained from independent rating agencies;
- failure to maintain adequate reinsurance;
- our inability to expand our insurance operations outside the 22 states and District of Columbia in which we are currently licensed;
- our annuity insurance products may not achieve significant market acceptance;
- we may continue to experience operating losses in the foreseeable future;
- the possible loss or retirement of one or more of our key executive personnel;
- adverse state and federal legislation or regulation, including decreases in rates, limitations on premium levels, increases in minimum capital and reserve requirements, benefit mandates and tax treatment of insurance products;
- fluctuations in interest rates causing a reduction of investment income or increase in interest expense and in the market value of interest-rate sensitive investment;
- failure to obtain new customers, retain existing customers, or reductions in policies in force by existing customers;
- higher service, administrative, or general expense due to the need for additional advertising, marketing, administrative or management information systems expenditures;
- changes in our liquidity due to changes in asset and liability matching;
- possible claims relating to sales practices for insurance products; and
- lawsuits in the ordinary course of business.
Earnings Teleconference information and Details
Midwest Holding has announced plans to host a conference call to discuss financial and operating results for the second quarter of 2022 on August 16, 2022, at 8:30 a.m. Eastern Time. The Company also posted those results on the investor relations section of its website at https://ir.midwestholding.com after the close of the financial markets on August 15, 2022.
To register for this conference call, please use the following link: https://ige.netroadshow.com/registration/q4inc/11308/midwest-holding-inc-reports-second-quarter-2022-results/. Registrants will receive a confirmation email with dial-in details.
The call may also be accessed via webcast at this link: https://events.q4inc.com/attendee/619100939
A replay of the webcast will be made available after the call on the Investor Relations page of the Company's website at https://ir.midwestholding.com
About Midwest Holding Inc.
Midwest Holding Inc. is a growing, technology-enabled, services-oriented annuity platform. Midwest designs and develops annuity products that are distributed through independent distribution channels, to a large and growing demographic of U.S. retirees. Midwest originates, manages and typically transfers these annuities through reinsurance arrangements to asset managers and other third-party investors. Midwest also provides the operational and regulatory infrastructure and expertise to enable asset managers and third-party investors to form and manage their own reinsurance capital vehicles.
For more information, please visit www.midwestholding.com
Investor contact: ir@midwestholding.com
Media inquiries: press@midwestholding.com
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SOURCE Midwest Holding Inc. | https://www.mysuncoast.com/prnewswire/2022/08/15/midwest-holding-inc-reports-second-quarter-2022-results/ | 2022-08-15T22:05:13Z |
TOPEKA, Kan. (AP) — Kansas appears unlikely to join other states this year in keeping transgender athletes from competing in girls’ and women’s school sports, partly because conservative state lawmakers want the ban to apply to elementary school students.
The Republican-controlled Legislature approved a proposed ban early Saturday with solid majorities in both chambers — but not the two-thirds needed to override an almost-certain veto from Democratic Gov. Laura Kelly. She rejected a similar bill last year, saying it would send “a devastating message that Kansas is not welcoming to all children and their families.”
Republicans nationwide have pushed the issue to appeal to a broad swath of voters, framing it as fairness in competition and access to scholarships. At least 12 other states have enacted such laws, including Arizona and Oklahoma this week. Supporters in Kansas believe the issue grew even more compelling for athletes and their families with the University of Pennsylvania’s Lia Thomas recently becoming the NCAA’s first transgender champion in women’s swimming.
But enough GOP lawmakers in Kansas keep breaking with Republican colleagues that LGBTQ-rights advocates probably will prevail for a second consecutive year. Several of those dissident Republicans said having a ban apply as early as kindergarten is a problem for them. State Sen. John Doll, a western Kansas Republican, has voted both ways and was a “no” early Saturday because he wasn’t able to persuade colleagues last month to exempt elementary school students from the ban.
“To be honest, I don’t know where I’m at with it,” he said Saturday of a ban overall. “When it comes to a veto, I can’t say that I would vote to override the veto.”
The vote Friday night in the House was 74-39, leaving supporters 10 votes short of a two-thirds majority. While a dozen of the House’s 125 members were absent, at least five were likely to vote “no.”
The state Senate’s vote early Saturday was 25-13 and sent the bill to Kelly. But supporters were two votes short of a two-thirds majority, and the Republicans who were absent have split over the proposal in the past.
“The focus now on, again, the very, very young kids who have no concept of ‘transgender’ — it just didn’t feel appropriate,” said state Sen. Brenda Dietrich, a Topeka Republican and a former local school district superintendent who has consistently voted “no.”
Besides attacking proposed bans as anti-LGBTQ discrimination, critics across the U.S. have noted there have been relatively few transgender athletes. In Kansas, the state association overseeing extracurricular activities for grades 7 through 12 says it has been notified of only six or seven transgender athletes in those grades.
Kansas opponents of a ban have accused backers of picking on young children and suggested that schools could be forced to inspect children’s genitals to settle disputes about their participation.
State Rep. Heather Meyer, an Overland Park Democrat, said Friday the bill told transgender children that “they are not valid.” After speaking about her transgender 12-year-old son in sixth grade and their transgender best friend, she wiped her eyes with a tissue as the debate continued.
“This is my child, and I’m going to stand up for them. I’m going to stand up for their friends. I’m going to stand up for their peers,” Meyer said. “This is just wrong.”
Supporters of the bill argued during debates Friday night and into early Saturday that schools could rely on birth certificates and other language to settle disputes.
They also argued that children are entering puberty at younger ages, making the unfair advantages of transgender girls appear earlier.
“It needs to be taken care so things don’t go out of hand,” said Rep. Barbara Wasinger, another Republican from western Kansas.
The bill’s supporters said they are showing support for young girls who want to play sports and older girls who strive for college scholarships. Supporters of a proposed ban often refer to transgender athletes as “biological” boys, men or males.
“It makes me sad that the women in the room don’t realize that we biological women are being bullied,” said Republican Rep. Tatum Lee, also from western Kansas. “We do everything we can to protect those being bullied, and I feel bullied.”
But Democratic state Rep. Stephanie Byers, of Wichita, the state’s first and only elected transgender lawmaker, said that when she returns home, “There will be families that come to my porch and look at me and say, ‘Can you tell us that this is going to be OK?’”
“I promise you, your constituents will write ME, and those letters start with, ‘I would tell my representative, but they won’t listen,’” she added.
___
Follow John Hanna on Twitter: twitter.com/apjdhanna | https://cw33.com/news/u-s-news/ap-u-s-headlines/including-young-kids-likely-to-sink-kansas-trans-sports-ban/ | 2022-04-02T18:45:50Z |
Restorative justice resolves alleged assault at Indiana lake
INDIANAPOLIS (AP) - A judge says restorative justice was successfully used in Indiana to remediate a confrontation in which a Black man said a group of white men assaulted him and threatened to “get a noose” while at a southern Indiana lake more than a year ago.
The alleged assault gained national attention in July 2020 when Vauhxx Booker, a local civil rights activist and member of the Monroe County Human Rights Commission, said he called 911 after five men assaulted him and pinned him to a tree at Lake Monroe, just south of Bloomington.
Judge Lance Hamner, who presided over the case, said it was the first time he’s seen a criminal case resolved through restorative justice, a process that includes a conference between the offender and victim and which gives the offender an opportunity to apologize.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/03/31/restorative-justice-resolves-alleged-assault-indiana-lake/ | 2022-04-01T19:14:42Z |
SINGAPORE, Sept. 12, 2022 /PRNewswire/ -- MVNOs on Plintron MVNA / MVNE platform can offer differentiated services using 5G like; Ultra HD 4K to 8K video streaming, Augmented Reality /Virtual Reality based media and 360-degree immersive media experience. Hence e-learning, Telemedicine consultation, Video-conferencing, Real-time IoT application-based services can be offered.
Subhashree Radhakrishnan, Vice Chairman and Co-Founder, Plintron Group said, "The Plintron MVNA/ MVNE platform supports 5G NSA Option 3 to step into 5G compliance. This will enable MVNOs on our platform to offer differentiated services and applications."
The Plintron 5G services is live with several MVNOs in USA and in 4 European countries with more to follow soon in its worldwide network. The Plintron MVNA / MVNE platform has 5G Non-Standalone (NSA) deployed on its platform commercially since January 2021 to meet the immediate 5G technology requirements of its MVNO customers. The Plintron platform supports extended AMBR DL which supports speeds higher than 4.2 Gbps like 10 Gbps.
Plintron has deployed 5G NSA initially, as most of the initial 5G rollouts by Mobile Network Operators (MNO) have been NSA deployments. For MNOs that are looking to deliver mainly high-speed connectivity to consumers with 5G-enabled devices, NSA is most appropriate, as it allows them to leverage their existing 4G LTE network investments in transport and mobile core and reduce capital costs of deploying an end-to-end complete 5G network.
In 5G NSA, the existing 4G-LTE network is used for everything except the 5G data plane, which is based on 3GPP Release 15 version of 5G NR. Hence it is the best solution for MNOs looking to deliver quickly better data speeds via Enhanced Mobile Broadband (eMBB) or handle urgent LTE congestion issues.
Plintron looks forward to continue adopting new technologies and innovating to support its MVNO customers and partners in the future as well.
About Plintron
Plintron is a digital communication technology company enabling brands to acquire and engage customers. It is the world's largest Multi Country end-to-end MVNA / MVNE with a client base in 6 continents. With mobile network services in over 30 countries spanning 6 continents supported by 1000+ telecom professionals, Plintron has launched 143+ MVNOs and 165 million+ mobile subscribers. Plintron has won many global industry awards including 'MVNE of the Year' at the MVNOs World Congress 2022.
Visit www.Plintron.com
Media contact:
Shamik Biswas
marketing@plintron.com
Logo: https://mma.prnewswire.com/media/1839055/Plintron_Logo.jpg
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SOURCE Plintron | https://www.kxii.com/prnewswire/2022/09/12/mvnos-plintron-mvna-mvne-platform-have-differentiation-opportunities-with-5g-technology/ | 2022-09-12T03:03:35Z |
ROCHESTER, Minn. (AP) — Dr. Scott Jensen, a skeptic of the government’s response to COVID-19, won the Minnesota GOP’s endorsement after a wild ride on Saturday to challenge Democratic Gov. Tim Walz in the November election, going over the top on the ninth ballot with 65% of the vote.
Jensen, a former state senator who led on the first two ballots, regained the lead on the seventh ballot with 59%, just below the 60% needed to claim the endorsement, once Lexington Mayor Mike Murphy backed him after being eliminated on the sixth ballot.
“Game over,” Jensen told the delegates, accompanied by his running mate, former Minnesota Viking and Baltimore Raven Matt Birk, who used repeated football metaphors to fire up their supporters.
Jensen’s comeback ended a surge by business executive Kendall Qualls, who fell to 33% on the final ballot after taking the lead on the fourth ballot. But Jensen hit a bump in the road when Qualls, who was trying to become the Minnesota GOP’s first Black gubernatorial endorsee, told the delegates that Murphy falsely claimed that Qualls had offered to make Murphy his running mate, then took back the offer.
The claim angered some Qualls delegates and forced two extra ballots. And Qualls conspicuously did not appear on stage with Jensen for the traditional show of party unity, ending the convention on a note of discord.
But Qualls and most other candidates pledged to honor the party’s endorsement and forego the right to run in the Aug. 9 GOP primary, and State Chairman David Hann told reporters he did not expect Jensen to face a serious challenge. Former President Donald Trump, still a potent force within the party, has not endorsed anyone in the Minnesota races.
“Minnesota Republicans have chosen the most extreme and dangerous candidate to lead their party in the fall,” Minnesota Democratic Party Chairman Ken Martin said in a statement. “In just the last two weeks, Scott Jensen has promised to ban abortion for rape victims and to throw one of his political opponents in jail. Minnesotans want their leaders to focus on helping working families, but Scott Jensen is only interested in his far-right political agenda.”
Jensen, who came into the convention as the presumptive front-runner, acknowledged that he got nervous when he fell behind for four ballots in a row.
“But what made me even more nervous was that I didn’t have a clue what was going to happen next,” Jensen said. “And, you know, as physician the last thing you want is to be in a position where you don’t have control of the situation. So it was a wild ride. I wouldn’t make any bones about it.”
The 2,100 delegates were aiming to complete their work by a soft 6 p.m. Saturday deadline for vacating the Rochester Mayo Civic Center, but the relatively fast and smooth electronic voting process Friday reduced the chances of running out of time and leaving without an endorsement. Delegates and party leaders are hoping at least one of their candidates becomes the first Republican elected to statewide office since Gov. Tim Pawlenty was reelected in 2006.
Jensen, a family physician from Chaska, got the earliest start in the race and raised the most money. He built a national following as he framed his COVID-19 vaccine skepticism — and opposition to mask mandates and school and business closures — as support for medical freedom. He stressed in his speech his efforts as a state senator to stand up against the Walz administration’s handling of the pandemic.
“Everyone in this room has grasped at some level that Tim Walz has failed. He’s done. But who’s going to step forward? Who’s going to serve for the benefit, security and the protection of all the people? Who’s going to help Minnesota find its way back to be the bright and shining Star of the North?” Jensen asked in a video preceding his speech. “The answer is you.”
Jensen was repeatedly accompanied on stage by Birk, who reminded delegates that he refused to visit the White House after the Ravens’ 2013 Super Bowl victory because of President Barack Obama’s support for abortion rights.
Qualls highlighted his rise from poverty, to going to college, to becoming an Army officer and a business leader. He said his life is a testament to the failure of the Democratic agenda and shows that the American dream is still alive.
“The radical left thinks I shouldn’t be here. The media doesn’t think I should be here. Tim Walz wishes I wasn’t here at all,” Qualls said to loud applause. “And poor Joe Biden, he tells people that look like me that I’m not Black, that we’re not Black, we didn’t vote for him. Well, after voting for Donald J. Trump for president — both times — and I’m still Black. And I’m still Republican. And I’m going to be Joe Biden’s and Tim Walz’s worst nightmare.”
Former Senate Majority Leader Paul Gazelka, a state senator from East Gull Lake who stressed his support for law enforcement, dropped out after the third ballot and threw his support to Qualls. Sen. Michelle Benson, of Ham Lake, who had been a candidate but dropped out before the convention, joined Gazelka in backing Qualls.
However, it wasn’t clear Saturday if Jensen would escape a serious primary challenge. Former Hennepin County Sheriff Rich Stanek, who had been seeking the endorsement, was sidelined by a recent car accident, skipped the convention while he recovers and hasn’t announced a decision. Hann acknowledged he hadn’t spoken recently with the Stanek campaign.
“Rich and his campaign team are evaluating all options for moving forward to beat Walz in November,” his campaign said in a statement Saturday.
On Friday night, the convention endorsed business attorney Jim Schultz for attorney general, an office Minnesota Republicans haven’t won since 1968. He’s hoping to oust incumbent Keith Ellison, a former congressman who led the prosecution team that won the murder conviction of ex-Officer Derek Chauvin in Floyd’s death.
Schultz defeated Doug Wardlow, who was the party’s candidate in 2018 and is general counsel at MyPillow. That company’s CEO, Mike Lindell, has risen to national prominence for perpetuating the false claim that Trump won the 2020 election. Also losing were former Washington County judge Tad Jude and attorney Lynne Torgerson. Former legislator Dennis Smith plans to challenge Schultz in the GOP primary. | https://cw33.com/news/politics/ap-politics/minnesota-gop-reconvenes-to-back-candidate-for-governor/ | 2022-05-15T06:04:51Z |
NEW YORK, April 1, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Acutus Medical, Inc. (NASDAQ: AFIB) between May 13, 2021 and November 11, 2021, inclusive (the "Class Period") of the important April 18, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Acutus Medical 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 Acutus Medical class action, go to https://rosenlegal.com/submit-form/?case_id=3255 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 April 18, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) a material percentage of the AcQMap systems under evaluation had been randomly installed at sites with little, if any, consideration given to whether the healthcare providers at the selected locations were likely to adopt, or desire, Acutus Medical's products; (2) a material percentage of the AcQMap systems under evaluation had been installed in locations where Acutus Medical did not possess the infrastructure necessary to appropriately educate, train, and support medical service providers on the system's operations; (3) as a result, Acutus Medical was in the process of designing a strategic plan to terminate and relocate approximately 20% of then-existing AcQMap systems evaluation arrangements; (4) Acutus Medical's management discussion and analysis was materially false and misleading and failed to disclose that the termination and relocation of approximately 20% of existing AcQMap systems evaluation arrangements was reasonably likely to have a material adverse effect on Acutus Medical's 2021 financial results; and (5) Acutus Medical's risk factor discussions were materially false and misleading and made reference to potential risks without disclosing that such risks were then-existing or adequately describing the specific nature of the risks then facing Acutus Medical. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Acutus Medical class action, go to https://rosenlegal.com/submit-form/?case_id=3255 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.
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The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/04/01/rosen-national-investor-counsel-encourages-acutus-medical-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-afib/ | 2022-04-02T13:56:29Z |
MIAMI (AP) — Arizona Diamondbacks pitcher Madison Bumgarner was ejected Wednesday right after his hand was checked for a foreign substance.
Bumgarner gave up a leadoff homer to Jon Berti in the first inning at Miami, and then retired the next three batters. As he was walking to the dugout, the veteran left-hander gestured with his arm before holding his hand out for first base umpire Dan Bellino to take a look.
Bumgarner said something to Bellino as the check was ending, and the umpire threw him out. Bumgarner then started yelling at Bellino and had to be restrained by some coaches.
It was Bumgarner’s second career ejection. He also was thrown out on June 11, 2018, for arguing balls and strikes.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/arizonas-bumgarner-ejected-after-1st-inning-at-miami/ | 2022-05-05T05:07:04Z |
Which KidKraft train tables are best?
Train toys are loved by children and adults alike. For collectors and historical train lovers, accuracy is the goal, favoring trains that mimic the real thing. But for children, it’s simpler; all they need to have a good time is a smooth surface, trains and some tracks. With a train table, you get them all wrapped in one.
Train tables offer a multitude of benefits to young minds. They encourage problem-solving skills, creativity and imagination and help develop fine motor skills. The trusted and well-loved brand KidKraft has a handful of models with all of these in mind, such as the Waterfall Mountain Wooden Train Set & Table.
What to know before you buy a KidKraft train table
Size
Train tables come in different sizes, though many models are larger, roughly the size of a coffee table. Size is important to consider if you’re working with a limited amount of space. All KidKraft train tables include their dimensions in their description, so be sure to take a look and be sure it will fit.
Age
People of all ages enjoy using train sets, whether for play or for collecting. There are many train sets available that focus on realistic functions and details, built to look as much like real trains as possible. These are popular with collectors and may be too advanced or delicate for children to use. Be sure that the train table you get has age-appropriate trains that your child will enjoy playing with.
Number of children
An important thing to keep in mind is how many children will be using your KidKraft train table. Most offer a double-sided design that makes it easy for children to access and play with from both sides of the table. Some are only big enough for one or two children, while others can occupy from four to six.
What to look for in a quality KidKraft train table
Durability
To withstand constant play, your train table should be made out of durable material. Some KidKraft models are made of plastic pieces, which have smooth sides to prevent injuries and make the table sturdy. Others are made from wood. This is the most durable material; however, it is the more expensive option and is much heavier.
Tracks
Whether your train tracks came included with your train table or were purchased separately, they should be plentiful and diverse enough to allow for endless track combinations. The most common types of tracks are straight, curved, split, overpasses and bridges. Different tracks make every newly built route feel unique.
Additional accessories
While trains and tracks alone are enough to have fun on a train table, additional accessories can add to the fun and help make the scene feel more realistic. These include trees, road signs, people and different community buildings. Some tables include helipads and runways as well. If your train table does not include any additional accessories, they can be bought separately.
How much you can expect to spend on a KidKraft train table
KidKraft train table prices fall in the range of $65-$200. Prices vary depending on the size of the table, if additional pieces are included and, if so, how many.
KidKraft train table FAQ
Are trains from other brands compatible with my KidKraft train table?
A: All KidKraft train tables are compatible with Thomas & Friends and Brio trains.
Is it possible to buy a train table that doesn’t include any accessories?
A: If you would rather supply your train table with trains you already own or would rather buy a separate kit, KidKraft offers some train tables that don’t include any train accessories.
I lost my instructions. Where can I get a replacement?
A: If your train set arrives without instructions or they are lost, no worries! Assembly instructions for all KidKraft products can be found on the KidKraft website. Simply type in the product name or item number and the assembly instructions will pop up.
What’s the best KidKraft train table to buy?
Top KidKraft train table
KidKraft Waterfall Mountain Wooden Train Set & Table
What you need to know: This beautifully detailed train table is double-sided and large enough for multiple children to use at once.
What you’ll love: Under the table are several red bins that are great for easy, out-of-the-way storage. It comes with 120 colorful pieces that include trains, tracks, road signs, community buildings and trees to play with on a vibrant landscape surface.
What you should consider: Some reviewers said the train tracks didn’t fit together properly.
Where to buy: Sold by Amazon
Top KidKraft train table for the money
KidKraft 2-in-1 Reversible Top Activity Table
What you need to know: One side of the tabletop has an illustrated landscape surface for train tracks and the other is a LEGO-compatible surface, making this table perfect for train and LEGO lovers alike.
What you’ll love: This train table includes a 30-piece train set and 200 building bricks. When not in use, all pieces can be stored easily under the tabletop in a convenient storage bin.
What you should consider: This is a smaller table, and the included train set may be too basic for older children.
Where to buy: Sold by Amazon and Kohl’s
Worth checking out
KidKraft Metropolis Wooden Train Set & Table
What you need to know: Built from beautiful and sturdy wood material, this train table has a city landscape and includes everything that you’d see in a city.
What you’ll love: Besides trains, this set has 100 pieces that include a bulldozer, crane, airplane, helicopter and cars. The crane is functional, allowing kids to pick up blocks and move them. When playtime is over, all pieces can be stored conveniently in the large drawer below the table.
What you should consider: Some reviewers say that the tracks did not fit together well.
Where to buy: Sold by Amazon, Kohl’s and Buy Buy Baby
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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-kidkraft-train-table/ | 2022-06-15T01:13:06Z |
As Amber Group's Chief Lawyer and head of global legal and compliance, Benjamin will strengthen the firm's risk management capabilities to support its international expansion
SINGAPORE, July 3, 2022 /PRNewswire/ -- Amber Group, a leading global digital asset platform, today announced the appointment of Benjamin Bai as its Chief Legal Officer. An industry veteran, Benjamin joins from Ant Group where he served as its Vice President and Chief Intellectual Property (IP) and International Litigation Counsel.
Benjamin joins Amber Group at a critical time amid an ever-evolving digital asset landscape, where the impetus for regulation is growing in importance. As the new Chief Legal Officer, Benjamin will spearhead the development of robust risk management frameworks and approaches as Amber Group enters different markets with diverse regulatory environments. Benjamin will provide business-enabling legal and compliance guidance and work closely with Amber Group's leadership team and its stakeholders to consolidate its industry leadership.
"As a fervent advocate for emerging technology, I have witnessed the rapid growth of the digital asset ecosystem in recent years that has underlined its tremendous potential in fundamentally reshaping the global financial ecosystem. As digital assets adoption continues to be on the rise globally, regulation and compliance will be key to sustain its role in the transformation of the financial ecosystem, and I am thrilled to join Amber Group at such a key moment to lead its global Legal and Compliance team. I look forward to working with the team to continue to uphold the highest standards of regulatory compliance, in all of the jurisdictions it operates in," said Benjamin Bai.
Benjamin had previously been a partner at top international law firms, Jones Day and Allen & Overy in the United States and China where he focused on high-stake IP litigation and licensing. With over two decades of legal experience, he has gained recognition for his work and was awarded prestigious accolades including China Law and Practice's IP Lawyer of the Year in 2015. Benjamin was also named one of the World's Top 300 IP Strategists and one of the World's 50 Most Influential People in IP in 2020 by Intellectual Asset Management and Managing Intellectual Property respectively.
Bringing his wealth of experience in legal practice to Amber Group, Benjamin will provide strategic advice to the company's senior leadership team as the company makes moves to strengthen its commitment to regulatory compliance and engage with policymakers and regulators globally.
"I am excited to welcome Benjamin to the Amber Group team. As our team focuses on expanding our products and services offering to effectively accelerate our growth, we believe that Benjamin's experience and legal knowledge will prove to be an invaluable asset to us," said Wayne Huo, Chief Operating Officer at Amber Group. "Armed with expertise in blockchain patent filings, IP protection and a background of leadership experience, I am confident that he will strategically steer our team to set new industry standards for regulatory compliance and implement risk management best practices as we embark on our next phase of growth globally."
Amber Group is a leading digital asset company operating globally with offices in Asia, Europe, and the Americas. The firm provides a full range of digital asset services spanning investing, financing, and trading. Amber Group is backed by prominent investors including Sequoia, Temasek, Paradigm, Tiger Global, Dragonfly, Pantera, Coinbase Ventures, and Blockchain.com.
For more information, please visit www.ambergroup.io.
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SOURCE Amber Group | https://www.kxii.com/prnewswire/2022/07/04/amber-group-appoints-benjamin-bai-chief-legal-officer-global-head-legal-compliance/ | 2022-07-04T03:31:48Z |
SAN RAMON, Calif. (AP) — Google’s corporate parent on Tuesday posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror.
For most companies, the numbers announced by Alphabet Inc. would be a cause for celebration. But tech companies are sized up differently, with investors typically measuring them by how much growth they deliver each quarter compared to the previous year.
Alphabet began this year with growth trends shifting dramatically downward. That already contributed to a 20% decline in its stock price since it peaked at about $3,030 in early February before a widespread sell-off in tech stocks. The shares shed another 4% in extended trading Tuesday after the latest quarterly numbers came out.
The concerns about slowing growth have become an even bigger worry amid rising interest rates aimed at tamping down the highest inflation rates in more than 40 years. Higher borrowing costs, coupled with the economic upheaval caused by the war between Russia and Ukraine, are more likely to cool off the U.S. economy and create on even bigger drag on growth.
Alphabet’s revenue during the January-March period totaled $68 billion, a 23% increase from the same time last year. That was the first time since 2020 that the company has reported as year-over-year revenue gain of less than 30%. The figure fell about $40 million below the average estimate among analysts polled by FactSet Research
The first-quarter profit drooped 8% from last year to $16.4 billion, or $24.62 per share. That was also below the average analyst projection of $25.47 per share, according to FactSet.
As usual, advertising funneled through Google’s dominant search engine and a vast network that snakes through most of the digital economy. Google’s ad sales totaled $54.7 billion, during the first quarter, a 22% increase from the same time last year.
The comparisons from last year were bound to be difficult for Google and a wide range of other tech companies. Their digital services and gadgets were in hot demand during a pandemic that forced most people to spend far more time at home, often by themselves, amid government lockdowns and other restrictions.
Initially, Google was hurt by economic jitters that resulted in its first-ever year-over-year decline in quarterly revenue during the first few months of the pandemic. But the company based in Mountain View, California, rebounded robustly as a surge in electronic commerce spurred a flood of advertising.
But now that uptick appears to be over, confronting Alphabet with a more challenging year ahead. With its stock now in the doldrums, the company announced plans to buy back up to $70 billion of its stock when it sees fit.
“Alphabet is facing the same headwinds as the other major digital platforms — with the war in Ukraine and rising inflation added to the comparison against hyper growth quarters during COVID lockdowns, and these results reflect that,” said Tom Johnson, chief digital officer for WPP Mindshare, a worldwide media agency.
Ruth Porat, Alphabet’s chief financial officer, appeared to be preparing for another quarter of sluggish growth during the current April-June period by reminding analysts during a conference call late Tuesday that the company posted a 62% gain last year. That, she said, will make for a “tough” comparison that will be compounded by Google’s suspension of operations in Russia in protest of its invasion of Ukraine.
But at least Google isn’t yet facing as much pressure as some other once high-flying tech companies, such as video streaming leader Netflix, which suffered its first loss of subscribersin more than a decade at the beginning of this year after reveling in meteoric growth at the pandemic’s outset.
In an effort to regain its lost momentum, Netflix plans to crack down on subscribers who have been sharing their passwords with freeloading viewers and may start showing ads on a lower-priced version of its service for the first time. | https://cw33.com/technology/ap-technology/google-parent-suffers-1q-growth-slowdown-profit-decline/ | 2022-04-27T13:47:33Z |
ST. JOHNS, Fla., June 23, 2022 /PRNewswire/ -- With its overabundance of unneeded new roofs on homes, and flashy lawyer billboards at every turn claiming massive settlements on claims, Florida's insurance market is on the verge of failure. Even more, this manmade catastrophe is causing financial strain on resident consumers, as the annual cost of an average Florida homeowners insurance policy will skyrocket to $4,231 in 2022, nearly three times more than the U.S. annual average of $1,544, according to an Insurance Information Institute (Triple-I) analysis.
"Floridians pay the highest homeowners insurance premiums in the nation for reasons having little to do with their exposure to hurricanes," said Sean Kevelighan, CEO, Triple-I. "Floridians are seeing homeowners insurance become costlier and scarcer because for years the state has been the home of too much litigation and too many fraudulent roof replacement schemes. These two factors contributed enormously to the net underwriting losses Florida's homeowners insurers cumulatively incurred between 2016 and 2021."
Two major hurricanes made landfall in the state since 2016: 2017's Irma and 2018's Michael. No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida's insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor's office.
To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys' fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida's homeowners insurers totaled more than $1 billion each year.
"The state's homeowners insurers have been forced to respond to these unfortunate market trends this year by restricting new business, non-renewing existing policies and even canceling policies mid-term. What's more, four homeowners insurance companies have been declared insolvent since February – all while more Americans are moving to Florida than any other state" Kevelighan stated.
Citizens Property Insurance Corp., the state-backed property insurer of last resort in Florida, has seen its policy count rise to nearly 900,000 this month statewide. Its policy count figure stood at about 420,000 in October 2019. Citizens provides insurance coverage to homeowners unable to find a private-sector insurer willing to sell them a homeowners insurance policy.
Placing further pressure on the affordability and availability of homeowners insurance in the state, third-party rating bureaus have downgraded the financial ratings of some homeowners insurers who operate in Florida.
The typical Florida homeowners insurance policyholder paid $2,505 for coverage in 2020, the Triple-I found, and that figure rose to $3,181 in 2021. Triple-I's analysis was based on data and analyses from Florida's OIR, the National Association of Insurance Commissioners (NAIC), and Triple-I's estimates of what insurers are paying today for home replacement costs (e.g., lumber).
During a special Legislative session in May 2022, Florida state lawmakers passed Senate Bill 2B. It was signed into law by Gov. Ron DeSantis and is aimed at easing homeowners insurance premium increases and reducing excessive litigation.
To help Floridians and others residing in natural disaster-prone states better manage risk and become more resilient, Triple-I launched a few years ago its Resilience Accelerator initiative, Kevelighan said. The Resilience Accelerator's goal is to demonstrate the power of insurance as a force for resilience by telling the story of how insurance coverage helps governments, businesses and individuals recover faster and more completely after natural disasters.
"The insurance industry's focus on resilience is starting to pay dividends as more Americans recognize the very real risks their residences face from floods, hurricanes and other natural disasters," Kevelighan concluded.
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SOURCE Insurance Information Institute | https://www.mysuncoast.com/prnewswire/2022/06/23/triple-i-extreme-fraud-litigation-causing-floridas-homeowners-insurance-markets-demise/ | 2022-06-23T17:31:48Z |
WATCH: Man accused of trying to abduct student at bus stop
AKRON, Ohio (WOIO/Gray News) – Officers with the Akron Police Department arrested a man accused of trying to abduct a student waiting at a bus stop.
Da Aron Jackson, 29, was charged with abduction and taken to the Summit County Jail, according to police.
WOIO reports the attempted kidnapping happened around 6:25 a.m. Friday at a city bus stop.
Police say the 16-year-old girl explained she was on her way to school when Jackson approached her.
She told police Jackson walked around near her, trying to start a conversation before grabbing her from behind and trying to pull her in the direction of his vehicle, which was parked around the corner.
Akron police said the girl held onto a chain-link fence and broke free of Jackson’s grasp.
Jackson initially left with the girl’s cellphone but threw it back to her before driving away, according to police.
A spokesperson with the Ohio Department of Rehabilitation and Correction said Jackson had been released from prison just three days prior.
According to the ODRC spokesperson, Jackson was behind bars from Dec. 2013 to Sept. 2017 for an aggravated robbery conviction.
In September of 2021, he was sent back to prison for a post-release control sanction, the spokesperson said, and served the maximum amount of time allowed before being released on April 24, 2022.
Copyright 2022 WOIO via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/02/watch-man-accused-trying-abduct-student-bus-stop/ | 2022-05-03T13:29:10Z |
Sponsored - The following content is created on behalf of Guild Mortgage and does not reflect the opinions of Gray Media or its editorial staff. To learn more about Guild Mortgage, visit https://www.guildmortgage.com/
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- RSVP | https://www.kxii.com/sponsored/guild-mortgage/affordable-lending-market-watch-seminar-june-th/ | 2022-06-14T20:28:29Z |
LONDON (AP) — As you were in the pursuit of Champions League qualification. At the other end of the Premier League, though, the relegation scrap just got even tighter.
Arsenal remained in fourth place after Gabriel’s header secured a 2-1 win at West Ham to stay two points ahead of Tottenham after its north London rival beat Leicester 3-1 on Sunday through Son Heung-min’s double.
Chelsea looks well placed to qualify for the Champions League despite now being only three points ahead of Arsenal with four games remaining after losing 1-0 at Everton.
It’s a result — secured by Richarlison — that gives Everton renewed hope of avoiding relegation after a 68-year stay in the top division.
Everton moved two points from safety with five matches to go and a game in hand over both Leeds and Burnley, which are just above the drop zone.
FLARE THROWN
Richarlison’s four goals in his last five league matches is as many as he scored in his first 21 games of the season.
The latest came 59 seconds into the second half at Goodison Park. Richarlison and Demarai Gray pressured Chelsea defender Cesar Azpilicueta into losing possession and the Brazilian benefited by sweeping a shot past goalkeeper Edouard Mendy.
But Richarlison could face Football Association action after picking up a lit blue flare during his goal celebrations and throwing it back into the stand.
Everton relied on Jordan Pickford’s saves to preserve the win — denying Cesar Azpilicueta, Ruben Loftus-Cheek and Thiago Silva.
“We’re still in a massive scrap,” captain Seamus Coleman said. “We’ve got to keep going and keep battling.”
Third-place Chelsea has only four points from its last four games.
“We struggle to play without big mistakes,” Chelsea manager Thomas Tuchel said. “And that is why we struggle to have results.”
SON DOUBLE
Son is now on a career-high 19 Premier League goals in a season, only three behind Liverpool striker Mohamed Salah in the race for the Golden Boot.
Before scoring against Leicester, Son also provided the opener in the 22nd minute by delivering a corner for the unmarked Harry Kane to head into the bottom corner to end a five-game goalless run.
It also was Tottenham’s first attempt on target in 221 minutes.
The hosts struggled for another sight of goal until the hour mark when they doubled their lead.
Cristian Romero was the architect as he produced a crunching tackle on Caglar Soyuncu on the halfway line which set Dejan Kulusevski free and the Swede raced clear and teed up Son, who found the bottom corner.
Son’s second came after he picked up the ball on the right, cut inside and curled a shot high into the net in the 79th minute from distance. The South Korea forward was denied a shot at a hat trick after being substituted by manager Antonio Conte
“We are talking about a great player, fantastic player,” Conte said. “But it’s important at the end of the season to celebrate a big achievement with the team. Otherwise it remains only a personal success to score these types of goals.”
Kelechi Iheanacho scored a stoppage-time consolation for Leicester, which is 11th in the standings and focused on its Europa Conference League semifinal against Roma on Thursday after drawing 1-1 in the first leg.
DEFENDERS’ HEADERS
Like Leicester, seventh-place West Ham’s focus is on Europe and its second-leg game in the Europa League semifinals against Eintracht Frankfurt on Thursday.
Arsenal still found it hard going before Bukayo Saka’s corner was headed in by Rob Holding in the 38th minute for his first-ever Premier League goal since making his debut in 2016.
The lead lasted seven minutes as Jarrod Bowen leveled from close range before the break. But Arsenal went in front again nine minutes into the second half when Gabriel Martinelli crossed to an unmarked Gabriel for a diving header that beat former Arsenal goalkeeper Lukasz Fabianski at the far post.
After three straight losses, Arsenal has now won three in a row.
“It’s nice and close and we’ll have to keep going for the rest of the season,” Holding said. “Your heart rate will be going high at times, but if we can keep controlling what we do and picking up points that’s all we can worry about.”
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/arsenal-spurs-maintain-cl-chase-survival-boost-for-everton/ | 2022-05-01T20:35:17Z |
ROME (AP) — Abel Ferrara, whose gritty New York exploitation films of the 1980s and 1990s delved into the soulless evils of drug addiction, corruption and sexual violence, pays homage to one of Italy’s best-known and most revered saints in his newest film, “Padre Pio.”
That the film, which stars Shia LaBeouf and premieres at the Venice Film Festival next week, confirms a change of pace for the cult director is an understatement, one that Ferrara, 71, chalks up to a decade of sobriety and a new life in Italy.
“Once we kicked the drugs and the alcohol, we started to see a different way of life, of living in a different life,” the “Bad Lieutenant” director said in an interview in his new hometown of Rome. “I think it’s more just trying to get our game right.”
The film chronicles a particular moment in the 20th century history of Italy and Padre Pio, the mystic Capuchin monk best known for having displayed the “stigmata” wounds of Christ: He bled from his hands, feet and sides. Padre Pio died in 1968 and was canonized in 2002 by St. John Paul II, going on to become one of the most popular saints in Italy, the U.S. and beyond.
Ferrara’s treatment is no biopic, and frankly ignores some of the juiciest bits of the Padre Pio saga, which involved a dozen Vatican investigations into purported dalliances with women, alleged financial improprieties and doubts about the stigmatas. In their place, Ferrara weaves a parallel tale about the beginnings of fascism in Italy that is, unexpectedly, utterly relevant today.
The film takes as its starting point Padre Pio’s arrival at a Capuchin monastery in San Giovanni Rotondo, a poverty-wracked town in southern Italy, at the time its soldiers were returning home from World War I. The town was almost feudal-like, with the Catholic Church and wealthy large landowners trying to hold onto power amid the first inklings of Italy’s post-war socialist movement that saw factory unrest and peasant strikes.
That social unrest erupted into a little-known police massacre of peasants in San Giovanni after the socialists won a 1920 local election, the results of which the entrenched, church-backed ruling class refused to respect. When the winning socialists tried to hang their red flag on the municipal building and install their mayor on Oct. 14, 1920, police were on hand, shots rang out and 14 people were killed and 80 injured. For Ferrara, the “Massacre of San Giovanni Rotondo” helped foretell the spread of fascism in Italy.
Ferrara, who has lived in Italy for some two decades, began making the film five years ago, long before the Jan. 6 insurrection in his native U.S., in which supporters of President Donald Trump stormed the U.S. Capitol after refusing to respect the results of the 2020 election, or the rise of the far-right Brothers of Italy party in his adopted country. The Brothers of Italy, which has neo-fascist roots, leads the polls ahead of Italian parliamentary elections next month. Add to the mix Russia’s invasion of Ukraine, and Ferrara sees history repeating itself.
“When Jan. 6 happens after you’ve been working on this film for five years, it’s like: Right, elections are great until you lose,” he said.
The film is dedicated to the victims of the 1920 massacre as well as the people of Ukraine. Why? “What I’m looking at is a rerun of World War II. Seventy-five million people died 70 years ago. That’s like, yesterday. It’s happening right in front of our eyes,” he said.
The context of the film, he said solemnly, is: “You’re looking at the end of the world.”
Ferrara’s concern with Italian history, Catholicism and his fascination with Padre Pio are not new: The Bronx-born Ferrara was raised Catholic and introduced to both Italy and the saint by his grandfather, who was born in a town not far from Padre Pio’s hometown of Pietrelcina.
Those interests have emerged in Ferrara’s more recent films, including “Pasolini” which paid tribute to the scandalous life and violent death of Italian director Pier Paolo Pasolini and premiered at Venice in 2014; and “Mary,” about an actor (Juliette Binoche) playing Mary Magdalene in a film, which won the Grand Jury prize at Venice in 2005.
Both “Pasolini” and “Padre Pio” relied heavily on the diaries, writings and documentation of their subjects, and Ferrara first made a documentary about the saint’s life before deciding to zero in on the particular period of his arrival in San Giovanni Rotondo, his doubts about his faith and the events surrounding the 1920 massacre.
“I thought the confluence between the massacre and his stigmata both happening in the same place at the same time … I mean how could you not make a movie about that?” Ferrara said.
But Ferrara is well aware that his early genre work — he has done pornography, rape-revenge, the 1993 cult classic about a corrupt, drug-addicted cop “Bad Lieutenant,” and his earlier “The Driller Killer,” about a New York artist who randomly kills people with a power drill — gave him something of a reputation.
“Given the list of films I’d made you’d be wondering,” Ferrara admits. But he said church officials and the Capuchin friars who advised on set were entirely supportive of the project and its star, LaBeouf, who has admitted to alcoholism and has been accused by a former girlfriend of abuse. LaBeouf spent four months in a California monastery preparing for the role, Ferrara said, and has said the chance to play “Padre Pio” was a miracle for him personally.
“It’s just that these cats have got that optimistic take,” Ferrara said admiringly of the church. “Don’t judge someone on their worst moment.”
—-
For more on the Venice Film Festival, visit: www.apnews.com/VeniceFilmFestival | https://cw33.com/entertainment-news/ap-entertainment/ap-gritty-cult-director-ferrara-gets-religion-in-padre-pio/ | 2022-08-26T11:09:04Z |
Credit Union Branches Accepting Donations of New Backpacks for Elementary and Middle School Students
SAN DIEGO, July 5, 2022 /PRNewswire/ -- North Island Credit Union has launched a school backpack drive to benefit local elementary and middle school students in partnership with the Boys & Girls Clubs of Greater San Diego.
Through July 23rd, North Island Credit Union invites community members to make a difference in a student's life by dropping off a school backpack to any branch location in San Diego County. A complete list of North Island Credit Union locations is available here.
Donated backpacks should be new and appropriate for elementary/middle school students. The credit union will fill all donated backpacks with essential school supplies. The Boys & Girls Clubs of Greater San Diego will distribute the stuffed backpacks to Club kids in need in time for the fall school year.
"We're asking our community to join with us in helping every student start the school year ready to learn and thrive. Many families in our community are challenged to provide new back-to-school backpacks, and together we can make a difference in a child's life and academic success," said North Island Credit Union CEO Steve O'Connell. "Every backpack brought to one of our branches will be filled with school supplies and given to local students so they can begin the school year with the tools they need to succeed."
The Boys & Girls Clubs of Greater San Diego changes lives through quality youth programs and guidance in a safe, affordable and fun environment. The Clubs serve kids ages 5-18 at 20 community-based sites countywide, making a difference in the lives of San Diego's future leaders – today's youth. Through its Back 2 School Drive, its members receive all the basic necessities to start the school year off right.
More information about North Island Credit Union's School Backpack Drive in partnership with the Boys & Girls Clubs of Greater San Diego can be found here.
California Credit Union is a federally insured, state chartered credit union founded in 1933 that serves public or private school employees, community members and businesses across California. With more than 165,000 members and assets of over $4 billion, California Credit Union has 24 branches throughout Los Angeles, Orange and San Diego counties. The credit union operates in San Diego County as North Island Credit Union, a division of California Credit Union. California Credit Union offers a full suite of consumer, business and investment products and services, including comprehensive consumer checking and loan options, personalized financial planning, business banking, and leading-edge online and mobile banking. Please visit northisland.ccu.com for more information or follow the credit union on Instagram® or Facebook® @northislandcu.
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SOURCE North Island Credit Union | https://www.wibw.com/prnewswire/2022/07/05/north-island-credit-union-launches-school-backpack-drive-partnership-with-boys-amp-girls-clubs-greater-san-diego/ | 2022-07-05T16:11:43Z |
Seymour-based martial arts school showcases Brazilian Jiu-Jitsu discipline to the public with competitive grappling event in Maryville on Aug. 20
SEYMOUR, Tenn., Aug. 11, 2022 /PRNewswire/ -- Gracie Jiu-Jitsu Foothills, one of the area's only Gracie affiliated martial arts schools, is set to host Mat Monster Grappling Series 5 at 2 p.m. on Saturday, Aug. 20. The tournament will take place at Porter Elementary's Galen Johnson Gymnasium, located at 4520 Wildwood Springs Road in Maryville, and will pit some of East Tennessee's top grapplers against each other.
Mat Monster is a grappling series event with competitors separated into different brackets based on age and skill level. Winners of each match will be determined by submission only. Mat Monster 5 will feature white, blue and purple belt competitors, plus 10 brown and black belt competitors from schools throughout East Tennessee.
While competitors will be battling for prestige and the chance to win medals, Jerry Burns, head instructor of Gracie Jiu-Jitsu Foothills and founder of Mat Monster, says that the event is a great chance for people to compete on a local stage.
The event will also be open to the public for the first time, giving those interested in the sport an opportunity to see live competition and learn more.
"While jiu-jitsu has increased in popularity thanks to MMA promotions like the UFC and Bellator, it's beneficial for more than just competitive fighting," Burns said. "For some people, practicing martial arts is a great way to relieve stress. For others, it empowers them with self-defense strategies. If you have ever considered jiu-jitsu or mixed martial arts, the Mat Monster event is a great opportunity to see what jiu-jitsu is all about without any pressure."
Just as Jiu-Jitsu itself draws students with diverse backgrounds and individual reasons for studying the art, the Mat Monster event attracts competitors from many walks of life. Participants include both military and law enforcement personnel as well as professional mixed martial arts athletes.
Mat Monster will be $20 cash at the door for spectators. Children 12 and under can accompany their parents free. For more information, visit the event's Facebook page at www.facebook.com/matmonstergs.
Gracie Jiu-Jitsu Foothills is a martial arts training center is located in the foothills of the Great Smoky Mountains National Park. Instructor Jerry Burns, a Black Belt in Brazilian Jiu-Jitsu, teaches realistic and practical self-defense skills in a friendly environment. Jiu-Jitsu will increase focus, concentration, patience, mood, and confidence. Gracie Jiu-Jitsu Foothills' classes remain authentic to the original program developed by Master Luiz Palhares, who teaches at his own prestigious Jiu-Jitsu Academy in Jacksonville, Florida. Palhares was trained directly by the Gracie family, first under Rolls Gracie, then later under Rickson Gracie. Gracie Jiu-Jitsu Foothills welcomes beginners and all skill level adults from Seymour, Sevierville, Maryville, Knoxville and the surrounding areas.
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE Gracie Jiu-Jitsu Foothills | https://www.mysuncoast.com/prnewswire/2022/08/11/gracie-jiu-jitsu-foothills-host-mat-monster-grappling-series-5/ | 2022-08-11T12:52:38Z |
COPENHAGEN, June 9, 2022 /PRNewswire/ -- MC2 Therapeutics A/S, a commercial stage pharmaceutical company, has named Lars Iversen, MD, DMSc an esteemed chair professor in dermatology at Aarhus University Hospital and at Aarhus University, its new full-time Chief Medical Officer (CMO) as of October 1st, 2022.
Professor Lars Iversen will be a key member of the Executive Team at MC2 Therapeutics. He will be responsible for continued high quality in the strategy, direction, and execution of the company's clinical development plans. His tasks will also include identification of new first-in-indication or best-in-class projects within auto-immune and inflammatory conditions (I&I) and maintenance and expansion of MC2 Therapeutics' network of healthcare professionals, patient organizations and medical and scientific advisors in USA and Europe.
"Lars Iversen brings substantial experience and an extensive international network in the field of dermatology to the company," said Jesper J. Lange, CEO of MC2 Therapeutics. "Within his research and participation in many clinical trials, Lars has received several honors for his work. His expertise will play a central role in our commitment to redefine the treatment experience of patients and address unmet needs for people with autoimmune and chronic inflammatory conditions."
Professor Lars Iversen has been a member of the International Psoriasis Council (IPC) board of directors since 2017. He has done a wide array of national and international committee work and collaboration and has been invited speaker at several international conferences in Asia, Europe, and USA. Lars Iversen is author or co-author of 250 articles, reviews or book-chapters and patents and has served as sub-investigator or principal investigator, as well as national coordinator on several clinical trials during the last 20 years. In 2019 he established the National Center of Autoimmune Diseases at Aarhus University Hospital.
"I look very much forward to joining MC2 Therapeutics. I have been following the company for years and I am impressed how the team has successfully managed all the aspects of the development and launch of Wynzora in US and EU. In addition, the pipeline is exciting, comprising first-in-indication novel drug candidates based on MC2's groundbreaking research into urea derived diseases," said Professor Lars Iversen. "I have been devoted to the field of dermatology and autoimmune diseases my entire career and by joining MC2 I now get the opportunity to more directly influence and initiate new projects addressing the needs of patients together with an equally committed team."
Lars Iversen takes on the role as CMO after Johan Selmer, MD who has decided to devote more time to his family after a long and very impressive career. Johan Selmer will continue to work for MC2 Therapeutics as Executive Medical Advisor and focus his efforts on identifying and assisting in the early and clinical development of novel therapies with a unique clinical profile within auto-immune and inflammatory conditions.
Biography Professor Lars Iversen
Lars Iversen (Professor, MD, DMSc) is chair professor in dermatology at University of Aarhus since 2012. He graduated as a doctor from Aarhus University in 1991 and in 2003 he became a specialist in dermato-venerology. In 2019 he established the National Center of Autoimmune Diseases at Aarhus University Hospital.
National and international committee work and collaboration:
From 2008- 2015 he was a member of the Scientific Advisory board of the European Skin Research Fund under the European Society of Dermatological Research (ESDR); from 2014-2017 Chairman of the Topical Treatment Working Group of the International Psoriasis Council; since 2017 a member of the International Psoriasis Council (IPC) board of directors; from 2017-2018 President elect of the Danish Dermatological Society (DDS); from 2018-2020 President of the Danish Dermatological Society (DDS); and from 2019-2020 board member of the Nordic Dermatological Association.
About MC2 Therapeutics A/S
MC2 Therapeutics A/S is a privately held commercial stage pharmaceutical company committed to redefine the treatment experience and address unmet needs for people with autoimmune and chronic inflammatory conditions. MC2 Therapeutics has developed and commercialized a next generation topical treatment for plaque psoriasis based on its unique formulation and delivery system, PAD Technology™, and is developing a pipeline of new first-in-indication therapies such as CKD-ap 3-5 (uremic pruritus), lichen sclerosus and Sjogren dry eye. MC2 Therapeutics has also recently launched its biotech-derived biomee™ skin care line for people with dry, itchy and sensitive skin.
For additional information on MC2 Therapeutics Group, please visit www.mc2therapeutics.com
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SOURCE MC2 Therapeutics | https://www.mysuncoast.com/prnewswire/2022/06/09/professor-lars-iversen-joins-mc2-therapeutics-new-chief-medical-officer/ | 2022-06-09T06:27:56Z |
NATIONAL PARK FOUNDATION CONGRATULATES 2021 PHOTO CONTEST WINNERS AND INVITES AMATEUR PHOTOGRAPHERS TO ENTER THIS YEAR'S COMPETITION
WASHINGTON, June 22, 2022 /PRNewswire/ -- The National Park Foundation and partners are excited to announce the winners of the 2021 Share the Experience photo contest and launch the 2022 contest. The Share the Experience photo contest invites amateur photographers to submit their favorite views, moments, memories, and adventures from national parks and public lands across the United States, with safety top of mind.
View the collection of winning photos here.
"The winning photos capture the imagination and inspire wonder," said Will Shafroth, president and CEO of the National Park Foundation. "Congratulations to this year's contest winners whose park experiences and captivating images invite people to connect with the natural beauty and history preserved in national parks."
Nearly 11,000 photos were submitted to the contest which ran from June 17, 2021, through December 31, 2021.
Top Three Winners
- The peaceful blue sky overlooks Sequoia and Kings Canyon National Parks as a rocky mountain peak seems to pierce the sky in this scenic photograph. This photo, captured by Karla Rivera, is the grand prize winner of the 2021 Share the Experience photo contest and will be featured on the National Parks and Federal Recreational Lands Pass.
- A photograph by Norman Lathrop of a sunlit creek surrounded by stunning greenery in Great Smoky Mountains National Park took second place.
- Third place went to Christopher Neal for his photo of a breathtaking moment where he stopped on a wooden trail to capture the star filled sky illuminating a dimly light lighthouse in a quiet field at Cape Hatteras National Seashore.
The National Park Foundation is also excited to launch the 2022 Share the Experience photo contest with co-sponsor Booz Allen Hamilton, the contractor and partner for the Recreation.gov platform. This year's contest invites amateur photographers to submit their favorite recent shots, while continuing to keep safety top of mind.
"We at Booz Allen Hamilton celebrate the Share the Experience contest, and congratulate this year's winners who so vividly captured the beauty of our national lands," said Julie McPherson, executive vice president, Booz Allen Hamilton. "Our firm's hope is that ever more Americans will see these images and feel inspired to visit parks and make their own memories; when they do, the Recreation.gov website and mobile app are there to make the experience all the more welcoming and accessible to everyone."
The grand prize for the winning image is $10,000, followed by $5,000 and $3,000 for second and third place. Winners also receive outdoor gear provided by Celestron and Hydro Flask, hotel vouchers courtesy of Historic Hotels of America®, and an annual National Parks and Federal Recreational Lands Pass.
Prizes will also be awarded for the following six categories:
Adventure & Recreation
- Share photos of your favorite activities and adventures highlighting the diversity of exhilarating moments that can be experienced on recreational lands and waters across the country – from fishing to hiking to interpretive tours and more. And be sure to #RecreateResponsibly!
Outdoors for All
- Featuring people, of all ages, backgrounds, and abilities, who love to explore and experience recreational lands and waters. Share photos of family and friends that demonstrate how recreational lands and waters can be enjoyed by all.
Historical & Cultural
- From the homes of civil rights leaders to spaces that bore witness to national movements, to battlefields where people fought for freedom and more, this category spotlights the multifaceted and multicultural stories of the United States and the places that preserve them.
Scenic, Seasons & Landscapes
- The scenic vistas, sweeping landscapes, and beautiful flora of recreational lands and waters can be found in far-off locales or closer to home than you think. Capture fall foliage, forests, winter wonderlands, flowers, mountains, deserts, canyons, lakes, seashores, rivers, and more.
Wildlife
- Take a walk on the wild side with photos of the incredibly diverse array of animals that call recreational lands and waters home. Remember to keep your distance and stay safe!
Night Skies
- Capture the magic of a night out under the stars. Slow the shutter speed down and see what develops!
The 2022 Share the Experience photo contest is hosted by the National Park Foundation and Booz Allen Hamilton in partnership with the National Park Service, the Bureau of Land Management, the Bureau of Reclamation, the U.S. Army Corps of Engineers, the U.S. Fish and Wildlife Service, the U.S. Forest Service, and Recreation.gov. Share the Experience is the official photo contest of America's national parks and federal recreational lands and waters, showcasing the more than 500 million acres of federal lands and waters and drawing entries from across the United States. The 2022 contest is now open and accepting entries through December 31.
Please visit sharetheexperience.org to learn more about the contest, including how to submit an image, the full list of prizing, and contest rules. You can also follow @NationalParkFoundation on Instagram for photo inspiration.
The National Park Foundation works to protect wildlife and park lands, preserve history and culture, educate and engage youth, and connect people everywhere to the wonder of parks. We do it in collaboration with the National Park Service, the park partner community, and with the generous support of donors, without whom our work would not be possible. Learn more at nationalparks.org.
Related Links:
- America the Beautiful – the National Parks and Federal Recreational Lands Pass
- RecreateResponsibly
- Keep Safety in the Picture
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SOURCE National Park Foundation | https://www.wibw.com/prnewswire/2022/06/22/awe-inspiring-images-capture-wonder-national-parks/ | 2022-06-22T15:46:39Z |
More than 200 chargers planned at 10 properties in 2022
NEW YORK, Aug. 24, 2022 /PRNewswire/ -- Xeal, a leading provider of electric vehicle (EV) charging stations and smarter technology for the multifamily industry, today announced a partnership with Stoneweg U.S., LLC (Stoneweg US), a real estate investment firm specializing in multifamily acquisitions and developments, to install more than 100 charging stations at 10 of Stoneweg US' properties. The deal will add 40 chargers at two properties in Florida, more than 40 at four properties in Kentucky and over 19 at one property in North Carolina.
Stoneweg US believes Xeal's vanguard all-in-one solution aligns with Stoneweg US' Environmental, Social and Governance (ESG) strategy and commitment to enhancing the resident experience at the properties it owns. The partnership with Xeal will enable Stoneweg US to meet its goals while future-proofing its properties to meet current and upcoming charging demands, ensuring that residents and visitors have access to the most intelligent charging technology available.
"It was important for us to implement a system that would provide consistent reliability and 100% uptime to guarantee the high-quality EV charging experience management wants for its residents," said Thomas Stanchak, Director of Sustainability for Stoneweg US. "We were extremely impressed with Xeal's flawless, innovative, and resilient infrastructure and approach. Stoneweg US is confident that this partnership will allow us to continue to drive our sustainability initiatives and goals forward, while delivering the exceptional value we've pledged to our stakeholders."
Xeal's charging platform relies on its patent-pending Apollo protocol, which uses encrypted tokens and distributed ledger technology for connectivity, eliminating the need for an active internet connection to a central server. The self-reliant Apollo protocol also eliminates the need for costly IT/network infrastructure and upgrades entirely, reducing capex and maximizing ROI.
The simple, user-friendly platform ensures residents can operate the charging stations through token-based connectivity via distributed smartphones, rather than rely on notoriously unreliable WiFi or cellular connection to a single point of failure. Xeal's holistic power optimization technology also empowers owner/operators the ability to install up to 3x as many charging stations without electrical upgrades.
"Stoneweg US understands the role it plays in supporting the environment and the explosive growth of electric vehicles and that Xeal's EV charging technology and self-reliant communication architecture is the most dependable and environmentally-conscious investment for their residents and visitors now and into the future," said Regan Hartley, Vice President of Sales at Xeal. "Our partnership will enable Stoneweg US to offer sufficient charging for today's EV drivers and demonstrate exceptional leadership for the multifamily industry."
Xeal is a hyper-growth, venture-backed technology startup headquartered in New York City. Xeal offers multifamily and commercial real estate owners and operators the ability to seamlessly install smart EV charging in their communities with little to no infrastructure upgrades. Clients manage these smart EV charging stations remotely through Xeal's dashboard, providing real-time data on charging sessions, energy management, utilization, and revenue share. Xeal's driver app employs a token-based technology for EV drivers to gain reliable access to charging stations without relying on cellular or garage IT infrastructure. Through Apollo, a groundbreaking decentralized communication protocol, building owners can remotely control and monitor smart charging stations through a bi-directional management channel between user smartphones and EV chargers to establish a more secure, reliable, and cost-effective way to stay connected. Xeal delivers an entirely self-sufficient smart charging experience for drivers, enabling 100% uptime, 50x faster processing speed, and a frictionless user experience. Experience Xeal's recent deployments here or visit www.xealenergy.com for more information.
Stoneweg US is a multifamily real estate investment firm located in the heart of downtown St. Petersburg, FL, with a portfolio valuation of approximately $2 Billion comprised of ~15,000 units. Dedicated to redefining multifamily housing, Stoneweg US acquires and develops communities through sustainable housing solutions and proven value-add strategies to drive healthy returns and enhance the resident experience. For more information on Stoneweg US, please visit: www.stoneweg.us
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SOURCE Xeal | https://www.kxii.com/prnewswire/2022/08/24/xeal-partners-with-stoneweg-us-ev-charging-rollout/ | 2022-08-24T12:41:08Z |
Fast Casual Dining Powerhouse with Deliciously-Crafted Menu Now Open
ALISO VIEJO, Calif., Sept. 8, 2022 /PRNewswire/ -- Capriotti's Sandwich Shop, known for its award-winning, hand-crafted cheesesteaks, turkey subs and more, debuted its newest location in Aliso Viejo at 27032 La Paz Rd. on September 6. Capriotti's brings the Aliso Viejo community its 45-year-old tradition of slow-roasting whole, all-natural turkeys in-house – and hand-pulling them every morning, along with other savory favorites like the made-from-scratch meatballs using premium, fresh ingredients.
Capriotti's is known for its wide array of sandwiches including 'The Bobbie,' made with fresh oven-roasted turkey, cranberry sauce, stuffing and mayo; 'The Capastrami,' made with hot pastrami, Swiss cheese, Russian dressing and homemade coleslaw; and cheesesteak varieties made with premium steak, chicken or Impossible™ plant-based meat with melted cheese and peppers. Among their many sandwiches they also offer a variety of salads, including the Caps Chopped Salad, Balsamic Chicken Salad, and more. The Aliso Viejo Capriotti's will offer a convenient order-ahead option, in addition to third-party delivery services. The new shop will also provide 20 new jobs to the Aliso Viejo community.
The new location is owned and operated by local entrepreneurs, and mother-son team, Haydee Docasar and Alec Martin. Docasar has a background as a physician, while her son spent time as a sous-chef in California and New Orleans. When the pandemic hit, they found themselves together again at their home in Orange County. Determined to start something new and exciting, the duo decided to bring three Capriotti's locations to the area, with the help of other family members.
"When we were discussing business opportunities, it was really important to Alec that we only use high quality and fresh ingredients," says Docasar. "With Capriotti's, we know we can provide great food to our community. The brand is passionate about their products and their people, so we're excited for our family to take part in that time-tested legacy."
Capriotti's fans in Aliso Viejo can download the CAPAddicts Rewards app on iOS and Android to earn and redeem rewards and score free food. The restaurant also features online ordering. The Aliso Viejo location also offers catering for any event, from corporate events to birthday parties, with items such as party trays featuring cold subs, box lunches or a hot homemade meatball bar.
Capriotti's is open from 10 am – 8 pm every day. For additional information, visit www.capriottis.com or call the location at 760-851-0531.
About Capriotti's Sandwich Shop
Founded in 1976, Capriotti's Sandwich Shop is an award-winning national franchised restaurant chain that remains true to its 45-year tradition of slow-roasting whole, all-natural turkeys in-house every day. Capriotti's fresh ingredients, homemade subs and unique menu items have won numerous accolades including being named one of the "10 Great Places for a Surprising Sandwich" by USA Today and many "Best of" awards across the country. Capriotti's cold, grilled and vegetarian subs, cheese steaks and salads are available at more than 100 locations across the U.S. Capriotti's signature sub, The Bobbie®, was voted "The Greatest Sandwich in America" by thousands of readers across the country and reported by AOL.com. Capriotti's fans can also download the CAPAddicts Rewards app for iOS and Android, where they can earn and redeem rewards. For more information, visit capriottis.com. Like Capriotti's on Facebook, follow on Twitter or Instagram.
Media Contact: Olivia Quarrier, Fishman PR | oquarrier@fishmanpr.com | 765-606-7442
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SOURCE Capriotti's Sandwich Shop | https://www.kxii.com/prnewswire/2022/09/08/mother-son-team-bring-award-winning-sandwich-shop-aliso-viejo-first-three/ | 2022-09-08T16:49:00Z |
MILFORD, Conn., July 21, 2022 /PRNewswire/ -- Splash Car Wash, headquartered in Milford, Connecticut, today announced the acquisition of Clean Co Car Wash & Laundromat, an express site located in Montgomery, New York. This marks Splash's 52nd location and 35th in New York state.
"We're so excited to have this site back in the Splash family," added Glen Sheeley, Splash's Director of Development in the New York metro and Connecticut regions. "Montgomery was an express wash that my dad, Wayne, and I developed and owned for 8 years, and we now are excited to watch the site grow under Splash's ownership." Post-closing, Splash intends to make various upgrades to the site, including the addition of pay stations and self-service vacuums.
Splash also announced the zoning approval of two new express wash locations – Milford, Connecticut and Henrietta, New York. This will bring Splash's total number of new washes in or soon to be under construction to 10, with more than 15 other sites in various stages of zoning and approval. Dave Clements and Jeff Arnold, Development Partners for Splash in upstate New York and the co-founders of the Classy Chassy chain, handled the application for Henrietta and will lead the wash's development.
ABOUT SPLASH CAR WASH, INC
Splash Car Wash was started in 1981 by Mark Curtis and Chris Fisher with a single location in Greenwich, Connecticut. Since that time, Curtis & Fisher, along with their experienced team and partners, have developed over 50 locations, and currently operate carwash tunnels in Connecticut, Vermont, and New York. Many sites include detailing operations, six locations provide oil change services, and one location has a laundromat.
Splash has been named "Best Carwash" by numerous publications over 40 times and has been recognized as a "Top Workplace in Connecticut" this year by Hearst Publications. Four General Managers employed by Splash have been recognized as "Most Valuable Carwasher" by Professional Carwash & Detailing Magazine. Splash has been awarded the US Chambers of Commerce prestigious "Blue Chip Enterprise Award" and has been inducted into the Connecticut Business Hall of Fame.
ABOUT PALLADIN CONSUMER RETAIL PARTNERS (PCRP)
Palladin Consumer Retail Partners is a private equity firm with extensive experience investing in and building leading consumer brands. Founded in 1998, the firm prides itself on working closely with management teams to create value through strategic and operational initiatives. Its principals have previously held CEO and other senior executive roles at several wholesale, retail, and financial services companies, and have invested in, financed, or managed over 100 public and private companies. Palladin partnered with Splash in 2018. Other current and former investments include Tailwind Hospitality, Leapfrog Brands, Decowraps, PB Metro, KT Tape, Nic+Zoe, InMotion Entertainment, J. McLaughlin, Things Remembered, Restoration Hardware, Spencer Gifts, Jamba Juice, Worldlynx, Multi-Flow, and Kwik-Tek.
CONTACT:
Mark Curtis
mark@splash1.org
203-324-5400 ext. 7011
Patricia Donnelly
pdonnelly@pcrp.com
617-585-3800
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SOURCE Palladin Consumer Retail Partners, LLC | https://www.mysuncoast.com/prnewswire/2022/07/21/splash-acquires-clean-co-car-wash-receives-approval-two-new-locations/ | 2022-07-21T18:47:27Z |
BEIJING, June 25, 2022 /PRNewswire/ -- Chinese President Xi Jinping highlighted the significance of placing development at the center of the international agenda at Friday's High-level Dialogue on Global Development, stressing China will take pragmatic steps to continue supporting the UN 2030 Agenda for Sustainable Development, including adding $1 billion to a Global Development and South-South Cooperation Fund.
It is important that we put development front and center on the international agenda, deliver on the 2030 Agenda for Sustainable Development, and build political consensus to ensure everyone values development and all countries pursue cooperation together, Xi said while chairing the High-level Dialogue on Global Development in Beijing via video link on Friday evening.
He called on countries to build an open world economy and shape a global governance system and institutional environment that is more just and equitable.
Friday's dialogue was taken after Thursday's BRICS Summit, and leaders from 18 countries attended Friday evening's event.
In addition to BRICS members, leaders from nations including Algeria, Argentina, Egypt, Indonesia, Iran, Kazakhstan, Senegal and Uzbekistan also attended the event.
Chinese analysts said the BRICS mechanism represents the future development direction of the world and a fast-emerging force that makes the world more equitable and inclusive.
Cooperation between BRICS nations and developing countries is pushing for a multipolar world, which is the future direction of the world order featuring balance, efficiency, equality and justice, analysts said.
To support the UN 2030 Agenda, Xi put forth the Global Development Initiative (GDI) at last year's UN General Assembly session, and he said China will take pragmatic steps to continue supporting the UN agenda.
China will upgrade the South-South Cooperation Assistance Fund to a Global Development and South-South Cooperation Fund, and add $1 billion to the fund on top of the $3 billion already committed, the Chinese president said.
Xi said China will advance cooperation with all sides to deepen global cooperation on poverty reduction, build capacity for food production and supply and promote clean energy partnerships.
The Dialogue issued a Chair's Statement saying leaders reached extensive consensus including commitment to multilateralism, development and people-centered approach.
And the Deliverables of the dialogue said China will take measures, such as providing 100,000 training opportunities for other developing countries to facilitate post-COVID economic recovery and social development, establishing an International Vaccines Research, Development and Innovation Alliance and officially launching the China-FAO South-South Cooperation Trust Fund Phase III of$50 million to support global development.
BRICS countries - Brazil, Russia, India, China, and South Africa - represent 40 percent of the world population, account for 25 percent of the global economy and 18 percent of world trade, and contribute 50 percent to the world's economic growth.
Chinese and foreign analysts believe the BRICS provides developing countries a platform to build consensus on addressing acute development challenges, and the GDI is an accelerator to achieving the UN development goals.
Wang Wen, a professor and executive dean of the Chongyang Institute for Financial Studies at Renmin University of China, told the Global Times on Friday that one of the core tasks for achieving the UN Sustainable Development Goals (SDGs) is to end poverty, which is also the common goal for developing countries, and BRICS nations have made remarkable contributions to it. He noted BRICS nations are expected to help the world better achieve the UN 2030 Agenda with their experiences.
Carlos Watson, the Representative of the Food and Agriculture Organization of the United Nations in China, told the Global Times that BRICS countries, which account for more than 40 percent of the world's population and produce more than one-third of global cereal production, are well-placed to take a leadership role in helping eradicate global hunger and poverty by 2030. He said developing countries look to the success of BRICS countries in economic development over the past few decades as an example to follow.
The GDI has received warm responses from the international community, with more than 100 countries expressing their support. In January 2022, the Group of Friends of the GDI was launched at the UN, and more than 50 countries have joined the group so far, according to the Global Development Report, published by the Center for International Knowledge on Development on Monday.
BRICS Plus
Friday's event was attended by representatives of emerging markets and other developing countries aside from BRICS nations. Wang Wen believes the meeting was a format of "BRICS Plus" which demonstrated BRICS' openness, inclusiveness and flexibility, especially compared with the closed and exclusive G7.
As the BRICS chair country, China actively supports the BRICS in starting the membership expansion process and expanding the "BRICS Plus" cooperation, and China will encourage all BRICS parties to formulate standards and procedures for membership expansion based on consensus, Chinese Foreign Ministry spokesperson Wang Wenbin said at Friday's media briefing.
In the past years, each BRICS meeting invited different representatives of developing countries to better target that year's main task, and this year, BRICS invited countries including Indonesia, the G20 presidency, and Argentina, the representative of Latin America, Wang Wen said.
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SOURCE Global Times | https://www.kxii.com/prnewswire/2022/06/25/global-times-xi-stresses-placing-devt-center-intl-agenda-global-devt-dialogue/ | 2022-06-25T09:15:59Z |
Dozens of teachers placed on unpaid leave for allegedly using fake vaccine cards
By Aundrea Cline-Thomas
Click here for updates on this story
NEW YORK (WCBS) — Dozens of New York City public school teachers are on the verge of being fired after allegedly submitting fake proof of COVID vaccination.
The teachers’ union, however, is threatening a lawsuit.
Those dozens of teachers will not be returning to the classroom after spring break, instead getting placed on leave without pay.
“I’m really disappointed to learn there were fake vaccination cards. Not only is it illegal, it undermines our entire trust,” Mayor Eric Adams said.
The Department of Education says fewer than 100 employees are impacted but did not explain how it determined the vaccination cards were fake, only adding law enforcement is investigating.
“It’s not safe for our kids, for us, too,” parent Jazmin Mendez told CBS2’s Aundrea Cline-Thomas.
“People have been faking the cards since the pandemic started. It’s nothing new, and the fact that the DOE is just finding out about it now, it’s too little, too late,” parent Moe Green said.
In a statement, the United Federation of Teachers said the accusations are based on “unproven allegations,” adding cutting teachers’ pay before showing proof is “a clear violation of the basic notion of due process.”
“I don’t support any fraudulent or illegal activity, but I understand when people feel desperate,” said Michael Kane, founder of Teachers for Choice.
In February, after 14 years as a teacher, Kane was among the 900 education employees to lose their jobs for failure to comply with the city’s vaccination mandate, a law Adams says he’s not changing despite providing some exemptions.
“We now have Eric Adams saying if you’re a high paying performer or athlete, you don’t have to abide by this rule, but if you’re part of the working class, you do,” Kane said. “What we have now is not public health. We have class warfare.”
But as COVID cases rise again in the city, so does the threat.
The teachers’ union threatened to sue if the Department of Education does not reverse its decision by the end of the day.
Former Mayor Bill de Blasio instituted a vaccine mandate for school and other city employees in the fall, drawing several unsuccessful legal challenges.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/23/dozens-of-teachers-placed-on-unpaid-leave-for-allegedly-using-fake-vaccine-cards/ | 2022-04-23T16:33:48Z |
NEW YORK, July 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Amazon.com, Inc. (NASDAQ: AMZN).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/amazon-com-inc-loss-submission-form/?id=29404&from=4
The lawsuit seeks to recover losses for shareholders who purchased Amazon between February 1, 2019 and April 5, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 5, 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, Amazon.com, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the defendants' public statements throughout the class period were materially false and/or misleading.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/07/01/amzn-shareholder-alert-jakubowitz-law-reminds-amazon-shareholders-lead-plaintiff-deadline-july-5-2022/ | 2022-07-01T10:15:34Z |
NANJING, China, May 8, 2022 /PRNewswire/ -- InxMed Co., Ltd, a clinical-stage biotechnology company dedicated to developing innovative therapies targeting stroma microenvironment and drug resistance for hard-to-treat solid tumors, today announced that it had completed $15 million in Series B+ Financing. The Series B+ was funded by Hyfinity Investments.
InxMed will use the funds to accelerate ongoing clinical trials of IN10018 for multiple cancer types in both US and China, including the initiation of pivotal trials in the second half year, and advance more stroma targeting pipelines into clinics in both US and China this year, and strengthen the R&D capabilities in Nanjing.
IN10018 is a potent and highly selective adenosine triphosphate competitive FAK inhibitor, and InxMed has its exclusive global development and commercial operation rights. InxMed Nanjing Translational Medicine Center has conducted extensive original exploratory research on IN10018 and FAK targets and has published research results in renowned academic journals. Early clinical data on IN10018 showed its safety and efficacy in multiple tumor types, and the latest research results and preclinical data demonstrated that IN10018 can also be effective in combination therapies. It is expected to overcome the tumor-associated fibrosis barrier and improve local immunity, and therefore has the potential to act as an important anchor molecule in synergy with different therapeutic modalities including immunotherapy, chemotherapy, and targeted therapy.
IN10018 received fast track designation from the U.S. Food and Drug Administration (FDA) in August 2021, and breakthrough designation from China National Medical Products Administration (NMPA) for the treatment of patients with platinum-resistant ovarian cancer. The company plans to disclose more data on IN10018 at the Annual Meeting of the American Society of Clinical Oncology in June 2022.
"InxMed is focused on the development of innovative treatments to address the true global unmet medical needs. Our strategy is targeting the ecosystem fostered by tumor cells including tumor microenvironment to develop effective therapeutic regimens to combat or even cure cancer. We have built robust pipelines with different, yet complementary Mechanism of Actions, and promising preliminary efficacy data. Building partnership is also our important strategy to maximize the value of our assets, and we are actively exploring global partnership opportunities to accelerate more value inflections of IN10018 and other programs," said Dr. Zaiqi Wang, Founder and Chief Executive Officer of InxMed.
Dr. Xin He, managing partner of Hyfinity Investments, added, "InxMed's vision and pipeline strategy aligns with the purpose of our fund. In past three years, InxMed has proven its value and potential through its capability of global innovation, strong execution, highly synergistic pipeline and encouraging clinical efficacy of IN10018. We think InxMed is well positioned to become the first-tier China-based biotechnology innovator with a global impact and we are pleased to partner with InxMed and provide our unreserved support all along."
For more information, visit http://en.inxmed.com/e
InxMed is a clinical-stage biotech company established in the end of 2018. The company dedicates on developing innovative therapies targeting stroma microenvironment and solid tumor resistance and metastasis, especially new drug development on anti PD-1/PD-L1 treatment drug resistance. InxMed committees to building an efficient engine for clinical translational science and proof of concept platform driven by in-depth understanding of disease biology and being a China based biotech company with global impact. We have built translational medicine and clinical development team across Shanghai, Beijing, Nanjing, United States, Canada and Australia. We have built a highly differentiated pipeline and established partnership with various multinational pharmaceutical companies including Merck, Roche and Boehringer Ingelheim.
Hyfinity Investments are led by senior partners from top-tier investment institutions in China, with years of experiences in healthcare investment, local operation, and overseas licensing. Hyfinity Investments devote to advance the global innovations, focus on upgrading of medical industry in China, depending on rich of clinical experience and industry resources. Hyfinity Investments specialize in immunity, regeneration, precision therapeutics and other high-growth and high-barrier areas. The mission is to foster industry leaders through converging resources globally.
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SOURCE InxMed | https://www.wibw.com/prnewswire/2022/05/09/inxmed-raised-15-million-series-b-financing-advance-innovative-therapies-drug-resistant-cancers/ | 2022-05-09T10:02:25Z |
10th annual Hatch Off competition brings Afro-fusion restaurant to Detroit
DETROIT, July 22, 2022 /PRNewswire/ -- Little Liberia has been crowned the winner of the 2022 Comerica Hatch Detroit Contest, taking home the $100,000 grand prize from Comerica Bank to open the brick-and-mortar business of their dreams in Detroit.
As the winner of the 10th annual Hatch Off, Little Liberia will receive $100,000 from Comerica Bank and a package of pro bono support and counsel from Hatch Detroit powered by its partners to bolster its opportunity for success. The annual contest supports brick-and-mortar business growth in Detroit, Highland Park and Hamtramck.
Little Liberia is an Afro fusion pop-up restaurant looking to find a permanent space to introduce Liberia's rich multicultural cuisines to the people of Metro Detroit. They serve authentic Liberian dishes, a cuisine whose heritage is a mixture of African, Caribbean, and Antebellum-South African American influences and would serve as the first ever Liberian restaurant in Michigan.
Owner and founder of Little Liberia, Ameneh Marhaba, decided to open a business back in 2016 when she started hosting pop-up dinners as a means to pay bills. She continued to pursue her business and love of cooking and hopes to open a storefront in Midtown, Greek Town or Corktown. Marhaba draws business inspiration from Hatch Detroit alumnus, Mamba Hamasi after his success in the Detroit small business community with Baobab Fare.
"We are eager to support and spotlight Little Liberia as the newest addition to the city's growing small business environment," said Vittoria Katanski, executive director, Hatch Detroit. "After 10 years of the Comerica Hatch Detroit Contest, it is so evident how strong and deep the entrepreneurial spirit in Detroit runs, and Little Liberia is a prime example of tenacity and hard work paying off. As an organization, Hatch Detroit continues to support its alumni and winners even after the competition, and we look forward to seeing where this victory takes Little Liberia."
Little Liberia was announced as the winner in front of a live audience at the contest's Hatch Off event that took place Thursday, July 21 at the Wayne State University Industry Innovation Center in Detroit. The event functions similarly to a 'Shark Tank' style pitching competition where the top five businesses had the opportunity to present their business pitch to a panel of judges as well as a live audience. Public voting, along with the judges' deliberation, determined that Little Liberia was the winner.
"Comerica Bank congratulates Little Liberia as they join the previous nine winners and the special network of Hatch alumni after a momentous and well-deserved victory," said Mike Ritchie, Comerica Bank Michigan Market President. "After a decade of Hatch Detroit competitions, we are still continually amazed and in awe of the innovators and talent this contest inspires. It's truly what makes this such a rewarding partnership with Hatch Detroit and TechTown, and we're overjoyed to support Little Liberia and the other finalists as they work tirelessly to open their doors and join Detroit's vibrant small business community."
Ten semi-finalists in the Comerica Hatch Detroit Contest were announced to the public for voting in early June. After tens of thousands of votes were cast, the five finalists, COLFETARIE, Detroit Farm and Cider, Gajiza Dumplins, Lily's & Elise and Little Liberia were selected by and introduced to the public. A second round of public voting took place and each finalist pitched their business idea live to a panel of judges and an audience of their peers during the Hatch Off event.
"The overwhelming support and continued success of Hatch alumni is a testament to the sense of community and drive for innovation in Detroit. We're confident we will see great things from Little Liberia and the other four finalists," said Ned Staebler, president and CEO of TechTown. "We are so fortunate to be in a city like Detroit where the community rallies around self-starters and rewards ingenuity, and we are thrilled with the results from TechTown's first year leading Hatch Detroit."
Little Liberia joins previous Comerica Hatch Detroit Contest winners La Feria (2012), Sister Pie (2014), Live Cycle Delight (2015), Meta Physica Massage (2016), Baobab Fare (2017) and 27th Letter Books (2019). Together, Hatch Detroit alumni have opened 49 businesses, employ more than 500 people and have invested more than $7 million in their businesses.
To learn more about Little Liberia, visit HatchDetroit.com.
About Hatch Detroit
Hatch Detroit supports both existing and new retail initiatives in the cities of Detroit, Highland Park and Hamtramck. Hatch Detroit was founded in 2011 to give residents and aspiring entrepreneurs an opportunity to have a voice in neighborhood retail development and joined TechTown Detroit's suite of entrepreneurial programs and services in 2022. Beyond the contest, Hatch Detroit provides funding, exposure and mentoring in support of its alumni entrepreneurs. With support from Hatch Detroit, 49 alumni have opened businesses. They employ over 500 people and have invested over $7 million in economic development. To learn more, visit hatchdetroit.com.
About Comerica Bank
Comerica Bank, a subsidiary of Comerica Incorporated, has served Michigan longer than any other bank with a continuous presence dating back over 172 years to its Detroit founding in 1849. It is the largest bank employer in metro Detroit and over 4,500 employees (FTE) statewide. With one of the largest banking center networks in Michigan, Comerica nurtures lifelong relationships with unwavering integrity and financial prudence. Comerica positively impacts the lives of Michigan residents by helping customers be successful, providing financial support that assists hundreds of charitable organizations, and actively participating in Detroit's downtown revitalization. Comerica Incorporated (NYSE: CMA) is a financial services company strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Follow on Facebook: www.facebook.com/Comerica, Twitter: @ComericaBank and Instagram: @comerica_bank.
About TechTown Detroit
TechTown is a nonprofit business service organization that provides programs, education and resources for early- to growth-stage small businesses and tech entrepreneurs. By building bridges for entrepreneurs to succeed, TechTown is accelerating an inclusive economy for Detroit and Southeast Michigan. Since 2007, TechTown has supported more than 4,500 companies, which created 1,600 jobs and raised more than $172 million in startup and growth capital. For more information, visit techtowndetroit.org.
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SOURCE Comerica Bank | https://www.mysuncoast.com/prnewswire/2022/07/22/little-liberia-wins-100000-comerica-hatch-detroit-contest-powered-by-techtown/ | 2022-07-22T11:26:27Z |
VANCOUVER, BC, April 7, 2022 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce the appointment of Tim Smith as Vice President Exploration of the Company and as Chief Executive Officer ("CEO") of U.S. GoldMining Inc. ("U.S. GoldMining"), its recently created subsidiary that will be focused on advancing the Company's Whistler gold-copper project, located in Alaska, USA.
Alastair Still, Chief Executive Officer of GoldMining commented: "With a proven and successful track record of exploring for gold systems globally for more than 25 years, including as Vice President Exploration for Kaminak Gold where he led the team at the Coffee Gold Deposit in Yukon, Canada and which was acquired by Goldcorp for C$520 million in 2016, and as Regional Director Generative Exploration, North America for Newmont from June 2019 to April 2022, I am delighted to welcome Tim to the GoldMining team. As we continue to de-risk and advance our projects to unlock value from within our extensive portfolio of gold and gold-copper assets within the Americas, Tim's experience in exploration and project development working for junior and major operating mining companies will be a tremendous benefit to GoldMining as we create value for our shareholders. In particular, the experience Tim brings from leading teams in the north, in Yukon will be a tremendous strength to our newly created subsidiary, U.S. GoldMining as we advance our Whistler gold-copper project in Alaska."
Tim Smith commented: "With an impressive portfolio of gold and gold-copper assets located throughout the Americas, including many with untested exploration potential, I am excited to be joining the GoldMining team. Especially when combined with the opportunity to develop and lead a team to advance and explore the Whistler project in Alaska, the potential to create and add value for our shareholders is compelling and I enthusiastically look forward to leading the next exciting phase of growth for the Company."
Mr. Smith has more than 25 years mineral industry exploration and mining experience, principally exploring for gold mineral systems including orogenic lode gold, porphyry, intrusion related and volcanogenic massive sulphide systems at locations throughout Australia and Canada. Mr. Smith is experienced in exploration project management from generative greenfields to deposit drill-out to feasibility studies. Mr. Smith has a track record of discovery of major gold systems including as Vice President Exploration for Kaminak Gold Corporation where he led the team at the Coffee Gold Deposit in Yukon, Canada and which was acquired by Goldcorp Inc., for C$520 million in 2016. Mr. Smith was Regional Director Generative Exploration, North America for Newmont Corporation from June 2019 to April 2022 and Exploration Director, Goldcorp Inc., from August 2016 to June 2019.
Mr. Smith is a Registered Professional Geoscientist with Professional Geoscientists Ontario and Engineers and Geoscientists British Columbia and holds a Bachelor of Science and Master of Science in Geology from University of Canterbury, New Zealand. Mr. Smith was a co-recipient of the Association for Mineral Exploration British Columbia H.H "Spud" Huestis Award for excellence in prospecting and mineral exploration in 2013, for the drill discovery of the Coffee Gold Deposit.
The Company is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, the Company now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, U.S.A., Brazil, Colombia and Peru. The Company also owns 20 million shares of Gold Royalty Corp. (NYSE American: GROY).
This document contains certain forward-looking statements that reflect the current views and/or expectations of GoldMining with respect to its plans to advance and de-risk its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMiningꞌs Annual Information Form for the year ended November 30, 2020, and other filings with Canadian securities regulators and the U.S. Securities and Exchange Commission, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
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SOURCE GoldMining Inc. | https://www.mysuncoast.com/prnewswire/2022/04/07/goldmining-announces-appointment-tim-smith-vice-president-exploration-ceo-us-goldmining-inc/ | 2022-04-08T01:31:49Z |
Lusha's Salesforce Data Enrichment solution enriches CRMs with Lusha's extensive database of highly accurate customer data, transforming faulty and incomplete records into new business opportunities
TEL AVIV, Israel, Aug. 2, 2022 /PRNewswire/ -- Lusha, the B2B data community and sales intelligence platform, announced today the launch of Salesforce Data Enrichment (SFDE) - an automated enrichment solution enabling users to continuously enrich their Salesforce contact and company database's with fresh and relevant data. SFDE enables sales professionals to bolster their Salesforce CRMs with Lusha's extensive and accurate database and transform faulty and missing data into new business opportunities.
According to Salesforce's own research, on average, 90% of the contacts in their customers' CRM databases are incomplete, with 20% of records found to be useless. This includes 74% of records requiring updates and more than 25% found to be duplicates. Outdated, inaccurate, and irrelevant data translates into missed business opportunities.
Lusha's sales intelligence platform provides sales professionals and teams easy access to its crowdsourced unique database of highly accurate and complete data, helping them to identify, engage, and close qualified prospects. The new SFDE solution enables enterprise organizations to integrate the Lusha sales intelligence platform into their Salesforce database, bridging the two platforms to enable automated and ongoing enrichment of existing contact data. By eliminating the need for manual data cleansing, and ensuring that their contacts are always up-to-date, Lusha's SFDE solution saves Sales Operations Managers and their teams precious time, enables them to reach every prospect in their CRM, and discover their most relevant prospects.
"Companies spend huge amounts of resources building CRMs of both current and prospective leads, but suffer from the speed the data becomes outdated and irrelevant," said Yoni Tserruya, CEO & Co-Founder of Lusha. "B2B sales organizations rely on their CRM to identify the right prospects - so when this data is incomplete or inaccurate, their time is wasted and opportunities are lost. With our new SFDE solution, sales teams are given direct access to Lusha's extensive database of accurate contact and company information to automatically enrich their existing data and gain new insights on their prospects to scale business results."
Key features of the Salesforce Data Enrichment solution include:
- Auto-Enrichment: Automated data enrichment for future audience-based candidates.
- Custom Audiences: Audience based rules and filters to define audience qualification criteria based on user-specific needs.
- Recommended Templates: Data-driven recommended enrichment templates based on users' Salesforce and sales activity.
- High Quality Data: Gain full access to the leaders in B2B contact and company data, backed up by Lusha's 7 Trust-Filters™
Lusha's crowdsourced data community and sales intelligence platform comprises an extensive database of highly accurate and complete prospect data, including over 100 million business profiles, 60 million email addresses, 50 million direct dials, and 15 million company profiles.
For more information on the Salesforce Data Enrichment solution visit here.
About Lusha:
Lusha is a crowdsourced data community and sales intelligence platform which empowers B2B sales professionals to identify, engage and close qualified prospects thanks to accurate and accessible data. Lusha recommends relevant prospects and organizations, eliminating cumbersome research and allowing salespeople to focus on selling. Lusha's community approach ensures that salespeople from organizations of all sizes have access to accurate sales data. Lusha was founded in 2016 by Assaf Eisenstein and Yoni Tserruya and is headquartered in Tel Aviv, Israel. Lusha's community has expanded to nearly 800,000 sales professionals and 273,000 sales organizations including Google, Zendesk, Aircall and Sisense. For more information, visit www.lusha.com.
Media Contacts
Terri Shapiro
terri@headline.media
+1 347 344 5316
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SOURCE Lusha | https://www.mysuncoast.com/prnewswire/2022/08/02/lusha-launches-solution-ensure-company-crms-are-automatically-kept-accurate-complete/ | 2022-08-02T14:24:12Z |
FORT LAUDERDALE, Fla., Aug. 9, 2022 /PRNewswire/ -- Haig Partners LLC, the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive buy-side advisor to Semersky Enterprises on the acquisition of Audi Kirkwood, located near St Louis, MO, from LeadCar.
"We are excited to add Audi Kirkwood to the Semersky family of Audi dealerships and bring our passion for Audi to another great city in the Midwest where we've been the leading Audi dealer for over 45 years," shared Ernie Semersky, CEO of Semersky Enterprises. "We look forward to working with the Audi Kirkwood team and bringing our best-in-class client experience to the St. Louis marketplace." Semersky Enterprises owns 3 Audi dealerships in the greater Chicago and St. Louis markets including one of the largest stores in the nation.
Kevin Nill of Haig Partners which represented the buyer, said, "We congratulate Ernie Semersky on his acquisition of Audi Kirkwood and the continued expansion of their Audi portfolio. While we normally represent sellers of dealerships, Semersky Enterprises wanted an advisor to help them identify the best fit for their growth strategy, help them analyze the opportunity, and negotiate the deal. We are grateful to Ernie and his team for placing their trust in us to help them meet their strategic objectives. This is another transaction demonstrating the confidence buyers have in the future of auto retail and the willingness to grow."
Haig Partners LLC is the leading buy-sell advisory firm for owners of auto, heavy truck and RV dealerships. The team at Haig Partners has unmatched experience with executives from leading retail dealer groups and financial institutions. They have advised on the purchase or sale of more than 575 dealerships for over $9.0 billion and have represented 23 groups that qualify for the annual Automotive News Top 150 Dealer Groups list, more than any other firm. Haig Partners leverages its expertise and relationships to lead clients through a confidential and customizable sales process that also maximizes the value of their businesses. They author the Haig Report, the leading industry quarterly report that tracks trends in auto retail and their impact on dealership values, and are co-author of NADA's Guide, "Buying and Selling a Dealership." For more information, visit www.haigpartners.com.
Transaction Contact:
Kevin Nill, Partner
Haig Partners
kevin@haigpartners.com
(904) 234-0008
Media Contact:
Aimee Allen, Director of Marketing and Business Development
Haig Partners
aimee@haigpartners.com
(603) 933-2194
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SOURCE Haig Partners | https://www.mysuncoast.com/prnewswire/2022/08/09/haig-partners-serves-exclusive-advisor-semersky-enterprises-one-largest-audi-dealers-us-acquisition-audi-kirkwood/ | 2022-08-09T15:16:07Z |
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Molecular Partners AG ("Molecular Partners" or the "Company") (NASDAQ: MOLN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Molecular Partners investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022. Follow the link below to get more information and be contacted by a member of our team:
MOLN investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT'S NEXT? If you suffered a loss in Molecular Partners during the relevant time frame, you have until September 12, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/08/04/moln-lawsuit-alert-levi-amp-korsinsky-notifies-molecular-partners-ag-investors-class-action-lawsuit-upcoming-deadline/ | 2022-08-04T11:07:21Z |
BALTIMORE, Sept. 5, 2022 /PRNewswire/ -- Transamerica Financial Advisors, Inc. (TFA) is pleased to announce that five of the organization's independent representatives have been recognized as top-ranked financial security professionals in their respective states. Forbes and SHOOK Research have ranked the top professionals in the wealth planning, protection, and insurance industry in their annual list of Top Financial Security Professionals 2022. The annual list spotlights the nation's top-performing advisors, who are evaluated on quantitative and qualitative criteria, including personal interviews, industry experience, compliance records and revenue produced.
This year's list includes an overall ranking of the best insurance professionals across the country and the top candidates in each state. Jan Zhuang was recognized as one of America's Top Financial Security Professionals for the 2022 national list, a repeat honor after appearing on the 2021 national list. Ms. Zhuang also attained the 2022 Best-In-State ranking for Florida. In addition, TFA recognizes and congratulates Brian Loiseau of Colorado, R.J. Cunningham of Utah, Nikki Dorch-Cannon of California and Fradel Barber of Florida for their rankings on the respective Best-In-State lists.
Jan Zhuang, Brian Loiseau, Fradel Barber, R.J. Cunningham, and Nikki Dorch-Cannon are registered representatives and investment advisor representatives with TFA, a broker/dealer and registered investment advisor. They are also licensed independent insurance agents, with World Financial Group Insurance Agency (WFGIA), an affiliate of TFA. With these qualifications, these respected financial professionals can provide securities and investment advisor products and services, in addition to life insurance, to individuals, families and businesses.
"We are delighted Jan Zhuang, Brian Loiseau, R.J. Cunningham, Nikki Dorch-Cannon and Fradel Barber have ranked highly on the Forbes Top Financial Security Professionals Best-In-State 2022 list," said George Chuang, President of TFA. "This is a fantastic achievement for each of them and shows that our agents and representatives know how to help their clients achieve financial security and success."
With a history that dates back more than 100 years, Transamerica is recognized as a leading provider of life insurance, retirement and investment solutions, serving millions of customers throughout the United States. Recognizing the necessity of health and wellness during peak working life, Transamerica's dedicated professionals work to help people take the steps necessary to live better today so they can worry less about tomorrow. Transamerica serves nearly every customer segment, providing a broad range of quality life insurance and investment products, individual and group pension plans, as well as asset management services. In 2021, Transamerica fulfilled its promises to customers, paying more than $52 billion in insurance, retirement, and annuity claims and benefits, including return of annuity premiums paid by the customer. Transamerica's corporate headquarters is located in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa and Denver, Colorado. Transamerica is part of the Aegon group of companies. Based in the Netherlands, Aegon is a diversified financial services group focused on providing investment, protection, and retirement solutions. For the full year of 2021, Aegon managed over $1.1 trillion in revenue generating investments. For more information, go to www.transamerica.com.
Transamerica Financial Advisors, Inc. (TFA) is a broker-dealer and registered investment advisor located in the United States that's in the business of helping people. TFA is a part of Transamerica, a company with over 100 years of history, and is recognized as a leading provider of investment solutions. TFA's representatives strive to serve people from all backgrounds and encourage clients to think differently about their future in pursuit of their financial success. Properly licensed representatives may offer securities and investment advisory services through Transamerica Financial Advisors, Inc. (TFA), Member FINRA, MSRB, SIPC, and Registered Investment Advisor.
To learn more, go to https://www.tfaconnect.com/
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 Transamerica | https://www.mysuncoast.com/prnewswire/2022/09/05/tfa-representatives-recognized-by-forbes-americas-top-financial-security-professionals/ | 2022-09-05T18:41:58Z |
CDC launches forecasting center to be like a ‘National Weather Service for infectious diseases’
By Deidre McPhillips, CNN
The US Centers for Disease Control and Prevention launched its Center for Forecasting and Outbreak Analytics on Tuesday. The center aims to be like the “National Weather Service for infectious diseases,” helping to guide decision-making at all levels.
Data-driven weather forecasts help leaders know when to deploy resources to respond to hurricanes and individuals decide whether they need to bring an umbrella with them when they go out. Similarly, the CDC’s new disease forecasting center aims to guide decisions about broad public health needs like developing vaccines or deploying antivirals, and helping individuals decide whether it’s safe for them to go to the movie theater, Dylan George, epidemiologist and director of operations for the new center, said during a call with reporters.
George and a small team of colleagues are faced with tackling a “critical need” to improve the government’s “ability to forecast and model emerging health threats.”
“In short, we need to use data more effectively to guide response efforts,” he said.
Planning for the center began in August, backed by $200 million in initial funding from the 2021 Covid-19 stimulus package, the American Rescue Plan.
In the months since plans for the center were first announced, the team estimated the severity of the Omicron variant, as well as the timing and impact of the surge in the United States. They’ve also contributed to analyses that informed policies on test-to-stay in schools, international travel and vaccine boosters.
This launch comes as the CDC is in the midst of a sweeping review of its “structures, systems, and processes.”
“At the conclusion of this collective effort, we will develop new systems and processes to deliver our science and program to the American people, along with a plan for how CDC should be structured to facilitate the public health work we do,” CDC Director Dr. Rochelle Walensky wrote in an email to staffers.
Throughout the Covid-19 pandemic, the CDC has faced criticism for muddy communication, along with slow and disjointed data coming through an outdated system.
The CDC “does not have the ability or the authority to direct public health data collection,” which can be “quite a pinch point,” said Caitlin Rivers, associate director for the new center.
Currently, the CDC has to form new data use agreements with each jurisdiction for each new public health issue. But with this new center, there is opportunity for the CDC to be more directly involved with the data collection process and bring in more standardized data more quickly, she said — like specifying race and ethnicity on more data points, for example.
The new forecasting and analytics center has three key areas of focus: predict, inform and innovate.
So far, $21 million has been awarded to academic institutions and $5 million to federal partners to advance modeling and forecasting methodology, with additional investments to be announced in the months ahead.
The center is also building its own outbreak analytics team tasked with developing models and forecasts that allow for quick action and collaborative decision-making, along with a team of people who can effectively communicate these insights with the public sector, the private sector and general society.
Building the weather service into what it is today “took decades” and it will take “the same sort of consistent and sustained funding and effort” to fully realize this new capability, George said, and the work is “truly just beginning.”
“Pandemics threaten our families and communities at speed and scale — our response needs to move at speed and scale, too. The Center will provide critical information to communities so we can respond efficiently and effectively,” he wrote in a statement announcing the effort in August. “The U.S. desperately needs this capability, and I am grateful for the opportunity to help build it.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/health/cnn-health/2022/04/19/cdc-launches-forecasting-center-to-be-like-a-national-weather-service-for-infectious-diseases/ | 2022-04-19T16:12:34Z |
Big Data auto security company announces the launch of its regulation crowdfunding raise
BALTIMORE, June 1, 2022 /PRNewswire/ -- Project Overlord, the company behind the first advanced technology designed to eliminate wheel theft on various vehicle types globally, is announcing today its most recent third-party valuation of $37.3M, giving it an IoT valuation of $261M. Project Overlord's initial product RimTech, the world's first patented app-controlled wheel anti-theft system, is launching its regulation crowdfunding raise on StartEngine.
Recent reports have shown that incidents of auto theft have decreased by 72% due to advancements in technology, while tire theft has been on the rise and up 187% due to the lack of security. Currently, the only form of protection on the market is provided by wheel locks that can be defeated in less than 10 seconds. Without the ability to track, identify, recover and enforce prosecution, consumers and insurance companies have been forced to pay over $18 billion a year replacing wheels and tires as well as other physical vehicle damage.
RimTech protects car, truck and SUV owners from becoming a statistic. In the attempt to remove the tires, the security device sends a notification to the owner's phone or tablet, in addition to setting off an audible alarm. RimTech's built-in GPS will track the wheels and vehicle, if still attached, should the tires continue to be tampered with or the theft has not been deterred. In addition, the technology will alert the authorities of an in-progress theft with the location and vehicle information for recovery. The ongoing GPS tracking occurs in real-time with an accuracy range of 10 feet. The technology also possesses EMI/RFI coating for protection from electromagnetic pulses.
Project Overlord secured its first patent in the US in 2017 and spent the last several years securing patents in 42 additional countries, including the UK, China, India and South Africa; with $338M in sales commitments at launch, in addition to monitoring and data analytics revenue as well as additional global future orders upon product completion. Surpassing the proof of concept phase, the company is currently in the last stage of development. The numbers are expected to continue to rise as Project Overlord has additional interest from several major automotive manufacturers for integration.
"We recognized the changing landscape of how data has transformed our world when it comes to consumer products and have transitioned the company from being an automotive accessory company to a big data company," said Project Overlord Chief Operating Officer, David Snider. "Our value proposition to vehicle owners, dealers and the vehicle manufacturers is a technologically updated protection leap of one of the only two last parts of the vehicle that are unprotected from theft."
"RimTech garnered international media coverage for its disruptor status to the wheel theft prevention field and has a fast-mover advantage in this market, but given our data revenue potential on top of everything else we have done to position ourselves properly, we believe our new valuation is a reflection of our higher value proposition as a pre-revenue startup," said Project Overlord Founder, Terrence Gaskin. "I'm tremendously excited for where we are headed. RimTech's ability to notify vehicle owners and police of an in progress theft is a complete game changer for theft prevention."
Project Overlord has assembled a dynamic team of leading industry-specific C-Suite executives on its advisory board for unicorn status scaling; including advisors from big data, automotive manufacturers, manufacturing, retail, fleet, telematics, government and military contracting, as well as social media and branding.
RimTech will be compatible with iPhones, Androids, Ipads, Android tablets and company provided fleet management tablet solutions, and will be available in the App Store, Android Market and Google Play Store.
For more information on RimTech visit www.projectoverlordsystem.com and on Project Overlord visit www.projectoverlordcorp.com. To learn more about the raise, visit www.startengine.com/rimtech.
About Project Overlord
Launched in 2015, Project Overlord's mission is to build a technologically advanced mobile app-driven product that helps consumers conquer the unsolved problem of wheel theft before it occurs, as well as theft of other personal and commercial vehicles. Project Overlord's core product lines are a range of products ranging from personal and fleet vehicles, motorsports equipment to commercial-grade vehicles.
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SOURCE Project Overlord | https://www.mysuncoast.com/prnewswire/2022/06/01/project-overlord-releases-companys-new-valuation-373m-it-prepares-launch-rimtech/ | 2022-06-01T14:05:29Z |
Fire damages Sarasota home; firefighter injured
Published: Jul. 1, 2022 at 12:28 PM EDT|Updated: 14 minutes ago
SARASOTA, Fla. (WWSB) - A firefighter was injured battling a house fire early Friday in Sarasota County, officials said.
At 7 p.m. Thursday, firefighters responded to a report of smoke at the home, in the 1900 block of Rain Forest Trail. They found no fire but monitored the home for about two hours before clearing the scene, a county spokeswoman said.
Crews were called back to the home at about 12:45 a.m. Friday; crews found the home on fire. The fire was extinguished at 3 a.m., officials said.
One firefighter was injured and taken to the hospital. He has since been released.
The State Fire Marshal’s Office is investigating.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/01/fire-damages-sarasota-home-firefighter-injured/ | 2022-07-01T16:44:25Z |
BENSALEM, Pa., June 13, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. ("Li-Cycle" or the "Company") (NYSE: LICY).
Class Period: February 16, 2021 – March 23, 2022
Lead Plaintiff Deadline: June 20, 2022
Investors suffering losses on their Li-Cycle investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Li-Cycles largest customer, Traxys North America LLC, is not actually a customer, but merely a broker providing working capital financial to the Company while Traxys tries to sell Li-Cycles product to end customers; (2) the Company engaged in highly questionable related party transactions; (3) the Company's mark-to-model accounting is vulnerable to abuse and gave a false impression of growth; (4) a significant portion of the Company's reported revenues were derived from simply marking up receivables on products that had not been sold; (5) the Company's gross margins have likely been negative since inception; (6) the Company will require an additional $1 billion of funding to support its planned growth (which is a figure greater than the Company raised via the merger); and (7) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith | https://www.wibw.com/prnewswire/2022/06/13/licy-investors-have-opportunity-lead-li-cycle-holdings-corp-fka-peridot-acquisition-corp-securities-fraud-lawsuit/ | 2022-06-13T15:48:30Z |
Patients charged hundreds of dollars to get Covid drugs already paid for by taxpayers
By Elizabeth Cohen and Danielle Herman, CNN
For more than a year, Americans have been vaccinated for free against Covid-19, but many of the nation’s most vulnerable citizens are being charged hundreds of dollars to get immunity to the virus, according to a CNN investigation.
Doctors and hospitals are charging fees to give Evusheld, the only drug that works to prevent Covid-19 for many immune-compromised people, even though the government is distributing the drug for free.
Evusheld, a monoclonal antibody, is the only Covid prevention option for many people with weak immune systems, as vaccines failed to give them antibodies.
“It’s completely unjust to have a public health policy that requires the most vulnerable to Covid to pay their own way for protective treatment,” said Art Caplan, director of medical ethics at NYU’s Grossman School of Medicine. “It makes no ethical sense.”
In a recording since removed from a federal government website, a health official said in February that officials were aware patients were being charged large sums for monoclonal antibodies and that this violated the government’s goal to have equitable access to Covid-19 drugs.
But officials have offered no plan, at least not publicly, to fix the situation, leaving some immune-compromised people hit with sticker shock when they go to the doctor to get Evusheld.
A patient in Fort Myers, Florida, said she already spends hundreds of dollars a month on prescription drugs for her rare muscle condition, and can’t afford the $520 she was told it would cost her to get Evusheld, even with her health insurance. She never got the drug.
She said she will “just wait and hope I don’t get Covid and die.”
“To be hit by that bill was just like a smack in the face,” she added. “It’s here, but we’re going to charge you what we want. And there’s nothing you can do about it.”
A woman in Mission Viejo, California, said she paid $1,100 to get Evusheld, on top of what her insurance paid.
“I called it opportunistic billing,” said the patient, who is immune-suppressed because of medicine she takes to treat a rare kidney condition. “I’m thankful that my family can afford [it]. But my thoughts went instantly to – there’s a lot of families who couldn’t do this.”
A kidney transplant patient in Charlottesville, Virginia, said she was charged more than $400 to get Evusheld, and that was on top of the nearly $2,000 her insurance paid. The drug requires a doctor’s prescription and like the vaccine is given in two shots, although for Evusheld both are given in one appointment.
“It’s a real slap in the face to be told, ‘Oh, we have protection for you, but you better cough it up or else you don’t get it at all,” she said.
Several of the patients interviewed for this story requested anonymity for fear their doctors might retaliate against them for speaking publicly about their ordeals.
The US Department of Health and Human Services distributes Evusheld.
“COVID-19 therapeutics are provided at no cost to patients, however, patients may be charged an administration fee for monoclonal antibody treatments, including Evusheld, based on their insurance status or type,” according to an emailed statement from HHS spokesperson Jorge Silva.
Another HHS spokesperson, who asked not to be named, had a suggestion for patients being charged high fees — they said “providers charging exorbitant fees during a Public Health Emergency should be reported to their state medical board” and health department.
The spokesperson did not explain why they wanted to be anonymous.
Caplan, the ethicist, called the response “ludicrous.” “People need protection quickly, not protection after a two-month bureaucratic review,” he said. “It’s a miserable non-answer. It’s inadequate.”
‘In violation of our planning priorities’
Government health officials have been aware for months that some patients have had to pay high prices for Evusheld.
In a Zoom call in February with state public health agencies, a federal health official said officials had received reports of places “charging several thousand dollars” for antibody drugs, according to Endpoints, a news outlet covering the biopharmaceutical industry.
“Obviously, this would be in violation of our planning priorities,” said Dr. Derek Eisnor, a medical officer at HHS, according to Endpoints, “which again is to maintain equitable access of all procured therapeutics for all Americans, regardless of their ability to pay.”
Endpoints obtained a recording of the call from the HHS website. Sometime after the publication of their article, HHS removed that recording. When CNN inquired, HHS spokespersons did not deny Eisnor’s quotes and declined to supply a transcript or audio of the meeting or explain why the Zoom recording had been removed.
HHS regulations forbid hospitals, clinics, or any other providers from charging patients for Covid-19 vaccinations; they can’t charge for the vaccines themselves or for administering them. But HHS regulations do allow providers to charge an administrative fee for giving Evusheld, and there is no limit on the size of that fee. Sometimes insurance will cover the fee and sometimes all or part of it gets passed on to the patient.
“They’re leaving this to the private market, which is what American health care is for most people,” said Michael Fraser, the CEO of the Association of State and Territorial Health Officials. “What Dr. Eisnor said about this violating the government’s planning priorities is right, but that doesn’t change the situation for patients who are being charged for this.”
Medicare and Medicaid patients do not have to pay a fee for Evusheld.
Dr. Dorry Segev, a transplant surgeon at NYU Langone Health and a leading researcher on the effectiveness of Covid-19 vaccines for the immune-compromised, asked whether HHS could have made the rules for Evusheld similar to the rules for vaccines.
“I wonder whether they could have required insurance companies to cover it or have Covid emergency funds cover it as they did for other treatments and vaccinations,” he said.
As it stands now, providers charge a fee to give Evusheld because they can, he noted.
“People will play within the letter of the law often in contrast to the spirit of the law,” he said.
HHS spokespersons did not respond to CNN’s inquiry about Segev’s comments.
‘It’s infuriating’
Some patients have managed to negotiate better rates for Evusheld.
Michelle Fontenot, a kidney transplant patient in St. Charles, Illinois, said she argued with her health insurance company when they said she would have to pay $800 for Evusheld. After weeks of calls and emails, she says she ended up not having to pay anything.
“It just seems kind of unfair that if you’re immuno-competent, you can just wander into Walgreens and get your vaccines and sit there for 15 minutes and off you go,” Fontenot said, but if you’re immune compromised, “you’re charged $800 for (Evusheld) simply because your body didn’t respond to the mRNA vaccines. That just doesn’t seem right.”
Fontenot is a former insurance broker, and Segev noted that the system is set up to benefit patients like her who are particularly well-educated or savvy, which is in contradiction to the government’s goal of equitable access.
“This is yet another example of the disparities that have arisen during the pandemic,” he said.
The woman from Fort Myers with the rare muscle condition said she couldn’t figure out a way to avoid paying the $520 fee.
She has been essentially sequestered at home during the pandemic, and limiting her children’s activities to decrease the chance that they’ll contract Covid and pass it along to her. She and her family were elated when her doctor said she could Evusheld.
“We told them there’s a new medicine that can help protect me [and] they were so excited, they actually cheered,” she said. “They got up and danced around.”
Then she had to let her children, ages 7, 10 and 12, know they couldn’t afford the $520 fee to get the drug.
“I can’t even put into words how frustrating it is — it’s beyond frustrating,” she said. “It’s infuriating. It makes me angry to know that it’s there and it’s just out of reach.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/13/patients-charged-hundreds-of-dollars-to-get-covid-drugs-already-paid-for-by-taxpayers/ | 2022-05-13T17:39:03Z |
ABI Research releases its latest Competitive Ranking roundup
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- ABI Research analysts around the globe are constantly collecting data and information from technology providers, partners, and end users. The results are routinely published in Competitive Ranking reports, which offer comprehensive insight into different markets, assessing companies' implementation and innovation strategies. Global technology intelligence firm ABI Research summarized the results of 10 recent Competitive Rankings in the just released whitepaper, 37 Technology Companies Leading the Way in 2022.
The technology landscape is constantly changing, with new solutions, new products, and new players emerging daily. "This continuous state of flux can prove challenging—both for technology companies trying to understand how they stack up to their competition and for companies looking for the best technology providers. Our Competitive Rankings offer unparalleled insight into a company's performance and standing in comparison to its competitors and are proving to be an invaluable tool for our clients," explains Stuart Carlaw, Chief Research Officer at ABI Research.
The overall leaders are:
- PTC – Enterprise Augmented Reality Platforms
- Nokia – Open RAN Platforms
- Device Authority – IoT Device Identity Lifecycle Management
- VMware – 5G Telco Cloud-Native Platforms
- Ericsson – Massive MIMO Platforms
- AutoStore – Micro-Fulfillment Automated Storage and Retrieval System Vendors
- Utimaco – Hardware Security Module OEMs
- Entrust – Centralized Personalization and Issuance Solutions
- Huawei – Device Management for Massive IoT
- Blue Yonder – Supply Chain Visibility Solution Providers
For a full look at all the leaders, top innovators, and top implementors, download the whitepaper, 37 Technology Companies Leading the Way in 2022.
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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SOURCE ABI Research | https://www.kxii.com/prnewswire/2022/08/02/ptc-huawei-autostore-utimaco-among-37-companies-leading-way-2022-beyond/ | 2022-08-02T13:26:02Z |
South Florida woman gets 12 years prison for ‘child modeling’
TAMPA, Fla. (AP) — A Florida woman described as a bookkeeper for international “child modeling” websites that sexually exploited young Eastern European children has been sentenced to more than 12 years in prison.
Tatiana Power, 41, of Weston, Florida, handled many financial aspects of a business called Newstar Websites, the U.S. Justice Department said in a news release Wednesday.
The sentence was imposed by Tampa U.S. District Judge Mary S. Scriven after Power pleaded guilty earlier this year to a money laundering conspiracy charge.
Prosecutors say the company recruited people under age 18 from Ukraine, Moldova, and other Eastern European countries under the guise they would become “child models” on the websites. In fact, prosecutors say, they were used to make about 4.6 million exploitative videos and images that were sold on the websites to customers in 101 different countries.
The children, some as young as 6, were engaged in sexual conduct wearing outfits like police and cheerleader costumes, transparent underwear, pantyhose and miniskirts, officials said.
The business used fraudulent bank accounts to launder some of the $9.4 million it made. Officials have disabled Newstar’s servers and are seeking forfeiture of that money.
Power was one of six people charged in connection to the case. Two have died, two others were sentenced to prison and the last defendant is not in U.S. custody.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/14/south-florida-woman-gets-12-years-prison-child-modeling/ | 2022-04-16T02:37:01Z |
SALEM, Ore. (AP) — One summer night, Misty Castillo stepped out of her house in Salem, Oregon, called 911 and asked for the police, saying her son was mentally ill, was assaulting her and her husband and had a knife.
“He’s drunk and he’s high and he’s mentally ill,” Castillo told the emergency dispatcher, emphasizing again her son’s mental condition. Less than five minutes later, a police officer burst into the house and shot Arcadio Castillo III dead as he stood, his mother said later, “frozen like a deer in headlights.”
“He didn’t try to calm him down. He just came in and immediately shot my son,” Castillo said.
Time and time again across the U.S., people experiencing mental health crises are being killed by police, but the exact number remains unknown because of a yawning governmental information gap.
The 21st Century Cures Act, passed by Congress with bipartisan votes in 2016, requires the Department of Justice to collect and publish data on how often federal, state and local officers use force, how many times that force ends up being fatal and how often the deceased had a mental illness. But the law doesn’t require police departments to tell the DOJ how many people their officers killed.
The FBI tries to collect the statistics, but for the first quarter of this year it estimated that only 40% of all sworn law enforcement agencies submitted use-of-force numbers. That figure is far below the participation level necessary to justify policy changes.
Arcadio’s parents had sought mental health treatment for their 23-year-old son, but the system, such as it is, failed them. In the weeks before he was killed, they couldn’t get him diagnosed or committed.
Across the country, in West Virginia, another system failure, another death.
Matt Jones was apparently suffering from a severe manic episode while standing on a highway with a handgun. Police were everywhere, sirens wailing. The scene on July 6 in the community of Bradley was captured by a bystander on video. One officer took a shot and then others opened fire, killing Jones in a hail of bullets.
The 36-year-old had been unable to get his medication refilled and was experiencing delusions and hallucinations, his fiancée, Dreamer Marquis, said.
“He desperately wanted help,” Marquis said. “He knew that he needed the medication in order to live a normal life because he knew that he would have manic episodes that would get him in trouble.”
Advocates for people with mental illness say it’s clear they face greater risk of a police encounter resulting in their death.
Hannah Wesolowski, chief advocacy officer of the National Alliance on Mental Illness, said the deaths of Castillo and Jones “highlight a larger systemic problem that we have in helping people who are struggling with their mental health or are in a mental health crisis.”
Many communities lack a mental health crisis infrastructure, with nearly 130 million people in the United States living in an area with a shortage of mental health providers, she said.
“So when somebody might be acting out as a result of their symptoms, the only option often is to send police, and that can escalate the situation and lead to these tragic outcomes,” she said. “I think we are failing people much earlier in the process because we’re letting it get to the point of crisis.”
The launch in July of 988, a national hotline for mental health emergencies, is an enormous step forward, she said.
“It’s really spurring this development of a crisis system, but it’s going to take years to get there,” Wesolowski said. “I think we’re closer to the starting line than the finish line of reimagining our crisis response in this country.”
Nearly one in five U.S. adults has a mental illness, according to the National Institute of Mental Health. Yet people with untreated mental illness are 16 times more likely to be killed during a police encounter than other people approached by law enforcement, the Treatment Advocacy Center said in a 2015 report.
In Portland, Oregon, for example, 72% of the 85 people who were shot to death by police from 1975 to 2020 were affected by mental illness, drugs or alcohol, or some combination thereof, according to Jason Renaud of the Mental Health Association of Portland. The group does not have the numbers for those affected by mental illness alone, but sometimes they’re intertwined. Long-term methamphetamine use, for instance, can cause psychosis.
In 2012, the federal government sued the city of Portland over the Portland Police Bureau’s disproportionate use of violence against people with mental illness. But since then, use of force on the mentally impaired actually increased, according to an analysis presented in federal court.
Renaud said that of 25 people shot and killed by law enforcement officers from various agencies in the Portland metro area since 2012, every one was suffering from mental illness, substance-abuse disorders, or both.
Lt. Nathan Sheppard, a Portland Police Bureau spokesperson, said he couldn’t confirm those numbers. He emphasized that all Portland police officers receive crisis intervention training. The department also established a unit to coordinate the response of law enforcement and the behavioral health system to people in crisis from mental illness and drug or alcohol addiction.
But Sheppard said more must be done to address what he described as a “public health emergency that has existed for decades in which services and treatment are not readily available or easily accessible for those in need of mental health treatment.”
“There is need for more proactive, appropriate, individual-person-centered approaches to assisting persons with mental illness,” Sheppard said.
A year after Arcadio Castillo III was killed by a police officer on July 9, 2021, his mother is suing the officer and the city of Salem in federal court for the failure to use crisis intervention tactics and training before resorting to deadly force.
A grand jury found the shooting was justified. The Marion County district attorney’s office said Arcadio rushed towards the officer, who was not wearing a body camera, with a knife raised in a stabbing position.
“He never did that. He never rushed him,” Arcadio’s mother said as she stood over the spot in the living room where her son died after being hit by four bullets. She said the family “feels betrayed because a person who is supposed to serve and protect us in a time of crisis took away my child.”
After symptoms of mental illness emerged in Arcadio’s teens, Marion County mental health workers diagnosed him with attention deficit disorder and prescribed Ritalin, but the anxiety only got worse, his mother said. He began using drugs and alcohol to cope. A case worker at a psychiatric crisis center said she couldn’t diagnose Arcadio because of the drug and alcohol use, according to Castillo.
Arcadio’s parents tried to have him committed to a psychiatric institution, “but everywhere we turned we were told he wasn’t sick enough to be committed,” Castillo said. “And one week later he was killed.”
“It was so frustrating to me because he just wasn’t getting the right diagnosis, treatment, or medication that he desperately needed, and his anxiety kept getting worse and worse,” she said.
Arcadio’s ashes are kept in a teardrop-shaped blue urn on the mantelpiece in the family’s rental house. His mother plans to have some of the remains placed in cremation necklaces for his loved ones.
A video of the West Virginia killing hit social media before Jones’ loved ones were informed about his death.
Nicole Jones, his sister-in-law, was scrolling through Facebook when she clicked on a video that showed a man with blond shoulder-length hair walking on a highway, pursued by at least eight police officers with guns drawn. The man held his arms above his head, a pistol in one hand as he backed away from the officers. He pointed the gun at his own head briefly.
Jones’ heart dropped as she recognized the man’s mannerisms — his walk, the way he flipped his hair over his shoulder with the shake of his head — and realized it was her husband’s brother.
State police have concluded their investigation into the shooting and sent their report to Raleigh County Prosecuting Attorney Ben Hatfield, who will determine whether the deadly force was justified. Hatfield said Matt Jones had carjacked at least one vehicle at gunpoint shortly before he was shot.
He had been in and out of incarceration for almost two decades. His brother, Mark Jones, said it was clear to the family that Matt, who was a star baseball player and wrestler, struggled with mental health since childhood. His parents took him to counseling and tried to find a medication that would help.
Matt built a landscaping and tree removal company but was also getting in trouble — often DUIs or driving without a license. Most of his charges stemmed from violating probation, his family said.
In jail, Matt was diagnosed with bipolar disorder and placed on medication, which helped. But he got trapped in a cycle where he’d struggle to get care, experience a mental health crisis and get arrested again.
He lived for a while at his brother and sister-in-law’s house in Culpeper, Virginia. Nicole Jones recalls him spending hours playing with her kids on a tire swing. But after a while he had trouble sleeping and said he was hearing voices. He asked her to help him schedule an appointment with a psychiatrist, but the counselor never called back.
Weeks before his death, Matt was running low on pills and broke down crying, his fiancée said.
Matt didn’t have a driver’s license. His social security card and birth certificate were elsewhere. That made it difficult to make medical appointments, Marquis said. They eventually went to a walk-in clinic that would tend to people without ID, but left after waiting for eight hours without being seen, she said.
Mark Jones was at work landscaping when he saw the video of his brother being shot.
“I was trying to understand, ‘What was he thinking?’” he said. “What I keep coming back to is that he was lost and he really wanted help — not just one time, but his whole life.”
___
Willingham reported from Charleston, West Virginia. Associated Press reporter Gary Fields in Washington contributed to this report. | https://cw33.com/news/u-s-news/ap-us-headlines/ap-tragic-outcomes-mentally-ill-face-fatal-risk-with-police/ | 2022-09-01T19:19:32Z |
Expansion follows European investor demand for differentiated private credit solutions
LONDON and NEW YORK, June 23, 2022 /PRNewswire/ -- Deerpath Capital Management, LP, the $4.5 billion private credit manager and one of the largest providers of customized, cash-flow based senior debt financing to lower-middle market companies across North America, today announced the launch of its newest international office in London, England.
The office, located in Berkeley Square, will serve as Deerpath's European headquarters, and is led by private markets specialist Tania Kutner, Head of European Investor Partnerships. Tania previously worked at Lloyds Investment and Commercial Banking in Leveraged Finance and subsequently at Aerius Associates, a London based placement agent.
"Deerpath has been active in the UK and mainland Europe for several years," said Antonella Napolitano, Global Head of Investor Relations and Capital Formation for Deerpath. "As institutional demand for differentiated private credit solutions accelerates, we felt the time was right to establish a local office that would formalize our presence in the region and allow us to better serve the nuanced requirements of its investors."
Deerpath is actively growing its London office and believes this on-the-ground presence is key to the firm's expansion within the European investor market. Deerpath has a variety of institutional investors across the UK and mainland Europe including pension funds, insurance companies, fund of funds, family offices and asset managers. Established in 2007, Deerpath has deployed more than $6.5 billion of capital across a broad range of investment products, transaction types, and industries. The firm typically targets U.S. companies with Enterprise Value between $50 million and $150 million, owned by private equity sponsors and with long operating histories and strong recurring revenue.
The news follows Deerpath's closing of Deerpath CLO 2022-1, a $375 million collateralized loan obligation (CLO) secured by a portfolio of senior secured loans to middle market, private equity-backed companies. It represents the fifth CLO issued by Deerpath since 2018 and brings the firm's total CLO assets under management to approximately $1.8 billion.
About Deerpath Capital Management, LP
Founded in 2007, Deerpath Capital Management, LP is one of the largest providers of customized, cash-flow based senior debt financing to lower-middle market companies across diverse industries. For more information, please visit www.deerpathcapital.com.
Media
Aidan O'Connor
Prosek Partners (On behalf of Deerpath Capital)
(646) 818-9283
aoconnor@prosek.com
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SOURCE Deerpath Capital Management, LP | https://www.kxii.com/prnewswire/2022/06/23/deerpath-capital-opens-london-office-serve-european-investors/ | 2022-06-23T11:35:16Z |
BEIJING, April 29, 2022 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission (the "SEC") on April 29, 2022.
The annual report, which contains the Company's audited consolidated financial statements, can be accessed on the Company's investor relations website at http://ir.tuanche.com/ or the SEC's website at www.sec.gov. The Company will provide a hard copy of the annual report, free of charge, to its shareholders and American Depositary Share holders upon request.
About TuanChe
Founded in 2010, TuanChe Limited (NASDAQ: TC) is a leading integrated automotive marketplace in China. TuanChe offers services to connect automotive consumers with various industry players such as automakers, dealers and other automotive service providers. TuanChe provides automotive marketing and transaction related services by integrating its online platforms with offline sales events. Through its integrated marketing solutions, TuanChe turns individual and isolated automobile purchase transactions into large-scale collective purchase activities by creating an interactive many-to-many environment. Furthermore, leveraging its proprietary data analytics and advanced digital marketing system, TuanChe's online marketing service platform helps industry customers increase the efficiency and effectiveness of their advertising placements. For more information, please contact ir@tuanche.com.
For investor and media inquiries, please contact:
TuanChe Limited
Investor Relations
Tel: +86 (10) 6397-6232
Email: ir@tuanche.com
Brandi Piacente
Tel: +1 (212) 481-2050
Email: tuanche@tpg-ir.com
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SOURCE TuanChe Limited | https://www.wibw.com/prnewswire/2022/04/29/tuanche-files-its-annual-report-form-20-f/ | 2022-04-30T11:14:31Z |
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