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Portion of state Route 171 in Carroll County to be closed for days after train crash
A portion of state Route 171 north of Carrollton may be closed until Saturday because a train crash damaged a railroad crossing and pavement, the Ohio Department of Transportation said.
The state agency estimated that it will take until Saturday to complete repairs so the road can be reopened. The crash occurred Monday afternoon.
More roadwork:ODOT's new U.S. Route 62 restrictions, ramp closures for $13.7 million project in Stark County
The stretch of Route 171 from state Route 43 to the west to state Route 9 to the east will be closed to traffic.
Route 171 in that area connects Waynesburg and Mechanicstown.
The detour involves Route 43, state Route 39 and Route 9.
Further details about the crash weren't immediately available.
This story will be updated.
Reach Robert at robert.wang@cantonrep.com. Twitter: @rwangREP | https://www.cantonrep.com/story/news/2022/06/28/route-171-closed-carroll-county-days-following-crash/7758045001/ | 2022-06-28T18:47:35Z |
Funding to develop proprietary targeted alpha radiopharmaceutical pipeline for the treatment of highly prevalent cancers
CAMBRIDGE, Mass., Aug. 25, 2022 /PRNewswire/ -- Aktis Oncology, a biotechnology company discovering and developing novel classes of targeted alpha radiopharmaceuticals to treat a broad range of solid tumors, today announced it has raised a Series A Extension financing of $84 million, bringing the total capital raised to date to $161 million. The extension included participation from new premier healthcare investors Cowen Healthcare Investments, MRL Ventures Fund, the therapeutics-focused corporate venture fund of Merck & Co., Inc., ArrowMark Partners, Mirae Asset Venture Investment, Timefolio Capital (formerly known as NS Investment), Pappas Capital, and other undisclosed participants. All existing investors MPM Capital, Vida Ventures, EcoR1 Capital, Octagon Capital, TCG Crossover, Bristol Myers Squibb, and Novartis participated in the financing.
"We are gratified to have the support of an impressive array of new and existing investors who share our vision for translating the science of targeted radiopharmaceuticals into transformative patient impact," said Matthew Roden, PhD, President and Chief Executive Officer of Aktis Oncology. "This additional funding will fuel the advancement of our miniprotein programs into the clinic and enable further investment in our differentiated development capabilities as well as our end-to-end supply chain and distribution strategy."
Aktis Oncology is working at the forefront of radiopharmaceutical therapies to treat solid tumors. Aktis' proprietary technology leverages the power of potent alpha radiation to more effectively destroy cancer cells. The company is pioneering a novel approach to radiopharmaceuticals to selectively target and deeply penetrate tumors, while also clearing rapidly from the rest of the body to minimize harm to healthy tissue.
"In just two years from inception, Aktis has made impressive progress building and broadening its platforms and pipeline, enhancing its supply capabilities, and attracting highly skilled and experienced industry professionals to lead all key functional areas," said Todd Foley, Chairman of Aktis Oncology, and Managing Director of MPM Capital. "We are excited to continue our support of the leadership team in the execution of its bold strategy to bring alpha radiotherapy into the mainstream of cancer care."
Aktis also announced that in conjunction with the Series A Extension, Kevin Raidy, Managing Partner at Cowen Healthcare Investments and Jason Ruth, Partner at MRL Ventures will be joining Aktis' Board of Directors as Observers. Mr. Raidy and Dr. Ruth join the existing Board and its Observers and Scientific Advisors, which can be found on www.aktisoncology.com.
About Aktis Oncology
Aktis Oncology is a biotechnology company pioneering the discovery and development of a new class of targeted alpha radiopharmaceuticals to treat a broad range of solid tumor cancers. Founded and incubated by MPM Capital, the company has developed proprietary platforms to generate tumor targeting agents with ideal properties for alpha radiotherapy. Designed for high tumor penetration and long residence time, Aktis Oncology's molecules will quickly clear other areas of the body, thereby maximizing tumor elimination while minimizing side effects of treatment. This approach would enable clinicians to visualize and verify target engagement prior to exposure to therapeutic radioisotopes. To learn more about Aktis Oncology, visit www.aktisoncology.com.
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SOURCE Aktis Oncology | https://www.kxii.com/prnewswire/2022/08/25/aktis-oncology-raises-84-million-advance-novel-targeted-alpha-radiopharmaceuticals/ | 2022-08-25T11:23:46Z |
TORONTO, June 9, 2022 /PRNewswire/ - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX") is pleased to announce the first issuance of its proprietary Collateralized Put Options (CPOs) and Collateralized Reference Notes (CRNs), marking the first institutional issue of this new class of structured products. The inaugural transactions were completed in conjunction with custodian BNY Mellon, placement agent LPS Capital, and two institutional investor accounts. This successful process marks a major milestone for DelphX, finalizing a multi-year development effort and initiating the long-awaited commercialization phase.
With the success of these first transactions, DelphX has now proven the process for issuance of its CPOs and CRNs, validating the relevance of these solutions as part of institutional investor credit strategies. The Company relied on significant industry interaction and feedback during the lengthy development process, creating widespread awareness within the fixed-income community prior to launch. This "go-live" set of transactions will now enable DelphX to pursue a full product roll out via leading bond dealers who have been monitoring the development of these industry-first products. The Company also anticipates strong interest from financial entities who cannot or will not utilize CDS or similar derivatives due to their investment mandates, but are able to use DelphX CPO and CRN products.
The timing of the launch coincides with a sharp increase in transaction volume of the closest competing financial vehicle, credit default swaps (CDS), which Tradeweb reported rose to US$811 billion in March 2022, up from US$330 billion in February 2022. Recent growth in this market represents a major acceleration from 2021, when global dealer banks' outstanding notionals of over-the-counter CDS grew 5% to $8.8 trillion (as reported by the Bank for International Settlements). The DelphX product offerings represent a timely new set of risk mitigation and yield-enhancement securities fundamentally improved over CDS and other existing structured products.
"I would like to thank everyone who helped us bring to market what we believe are some of the most exciting new structured products in more than a decade," said DelphX CEO Patrick Wood. "Credit Default Swaps have been in the news a lot lately with world affairs forcing high profile segments of that market into disarray. So, our timing in offering a better alternative to these necessary but historically flawed CDS financial instruments could not be better. Another way to look at DelphX is as a kind of CDS 2.0, but with a vastly improved risk structure via full collateralization; a transparent, pre-defined default resolution process; and enhanced yield backed by the safety of U.S. treasuries."
"The fixed income space is experiencing conditions not seen in decades, so we are coming to market at a time when managers have a heightened need for tools to manage both risk and yield. This is an exciting time at DelphX, with our revenue stage now in sight, a motivated pool of potential customers ready to try our products, and a highly leverageable, high-margin model targeting an underserved market. With these attributes, we have the ability to become profitable early in our roll-out phase, with margins similar to SaaS (Software as a Service) or other transaction-oriented Fintech companies when we reach scale. Just as importantly, this structure enables us to benefit from enhanced transaction volume, without exposure to the risks of the underlying bonds."
As a reminder, the DelphX CPO/CRN products are structured as private placement securities, making them acceptable for use by managers who cannot, or will not, utilize traditional derivatives or swaps. The initial target market is significant, currently estimated to represent over $15 trillion in Credit Default Swaps and U.S. Investment Grade Corporate Bonds, based on ISDA Global Credit Default Swaps Market Study, September 2019 and SIFMA US Corporate Bonds Statistics as at Q4 2021.
DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables fixed income dealers to offer new private placement securities that optimally transfer and diffuse credit risk, while allowing the enhancement of yield. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:
- Collateralized put options (CPOs) that provide secured default protection for underlying corporate, municipal and sovereign securities;
- Collateralized reference notes (CRNs) that enable credit investors to take on the default exposure of an underlying security in exchange for enhanced yield.
All CPOs and CRNs are fully collateralized and held in custody by BNY Mellon. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.
For more information about DelphX, please visit www.delphx.com.
This news release contains certain "forward-looking statements". Such forward-looking statements involve risks and uncertainties, both known and unknown, that may cause actual results or events to be materially different from those expressed or implied by such forward-looking statements, including but not limited to, business, economic and capital market conditions, regulatory uncertainties, and the demand for our products. The forward-looking statements in this news release are based on factors and assumptions regarding, among other things, the state of the capital markets, the ability of DelphX to successfully manage the risks inherent in pursuing business opportunities in the financial services industry, and the ability of DelphX to obtain qualified staff, equipment and services in a timely and cost-efficient manner to develop its business. Any forward-looking statement reflects information available to DelphX as of the date of this news release and, except as may be required by applicable laws, DelphX undertakes no intent or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or results or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE DelphX Capital Markets Inc. | https://www.kxii.com/prnewswire/2022/06/09/delphx-completes-first-cpo-crn-issuance-introduces-revolutionary-yield-risk-tools-global-bond-market/ | 2022-06-09T17:00:39Z |
WASHINGTON (AP) — The head of the Food and Drug Administration has asked for a review of the agency’s food and tobacco programs following months of criticism over their handling of the baby formula shortage and e-cigarette reviews.
Tuesday’s announcement comes as FDA Commissioner Robert Califf attempts to push past several controversies that have dominated his second stint running the agency, including the delayed response to contamination problems at the country’s largest infant formula plant.
“Fundamental questions about the structure, function, funding and leadership need to be addressed” in the agency’s food program, Califf said in a statement. The agency’s tobacco center, which regulates traditional cigarettes and vaping products, is facing challenges navigating policy and enforcement issues from “an increasing number of novel products that could potentially have significant consequences for public health,” he said.
Califf said the Reagan-Udall Foundation — a non-governmental research group created by Congress to support FDA’s work — would convene experts to deliver evaluations within 60 business days of both the food and tobacco operations. The experts are expected to consult with FDA staff along with outside groups to gather a broad range of opinions. Califf and his team have already begun meeting with outside stakeholders, the FDA noted.
The review announcement comes one day before Califf is scheduled to testify before the Senate agriculture committee about FDA’s oversight of food safety.
More than two dozen consumer groups have called on Califf to appoint one official to oversee all FDA food operations, which are dispersed across multiple centers responsible for nutrition standards, plant inspections and animal food. But Califf told The Associated Press in an interview that he believes more fundamental changes are needed.
“I don’t think structure alone is really the fix, or that leadership alone is the fix,” Califf said. “There’s a consistent concern out there that we need to really fix the fundamentals, which includes all those elements.”
Califf said he agreed with critiques that the food program has been underfunded compared with FDA’s drug program, which receives more than $1 billion annually in industry user fees. The agency recently sought more food funding and authority to help track supply chains in order to head off future shortages.
Parents and politicians also have expressed frustration over the agency’s handling of a recent decision to ban all e-cigarettes from Juul, the leading U.S. vaping company. A federal court quickly blocked the agency’s order. FDA then backtracked further in court, saying it needed more time to review Juul’s application due to its “unique scientific issues.”
The FDA has also struggled to review millions of other applications from vaping companies, prompting multiple missed regulatory deadlines over the last two years.
Califf again cited funding challenges, pointing out that the FDA cannot collect user fees from vaping companies who submit their products. The agency has asked Congress for that authority.
“I don’t think anyone anticipated that there would be 6.7 million vaping product applications that came rolling in during a pandemic that was stressing the entire agency,” Califf said.
Last week, the FDA announced it would miss another deadline to remove thousands of illegal e-cigarettes that use synthetic nicotine. FDA officials specifically asked Congress to give the agency authority over those products, which had used a legal loophole to skirt regulation.
Sen. Dick Durbin, an Illinois Democrat, suggested Califf should resign if the agency can’t swiftly remove such products.
President Joe Biden tapped Califf for the FDA job largely because of his prior experience at the agency, which he briefly led during the Obama administration. A cardiologist and respected researcher, Califf planned to focus his time at FDA on fighting medical misinformation and streamlining the agency’s data systems.
But those efforts have been eclipsed by newer controversies, including political outrage over the formula shortage, which has forced the U.S. to airlift millions of containers of formula from Europe. Recently, the FDA said it would help foreign manufacturers stay on the U.S. market for the long term, in an effort to diversify the formula supply here.
Califf previously predicted the formula shortage could last until July. He said Tuesday that retail data show that supplies have improved with increases in both U.S. production and imports.
“What you’re going to see is a gradual climbing out of the current situation as more and more formula becomes available,” Califf said.
In May, Califf testified before Congress about missteps that slowed the agency’s response to contamination problems at the Michigan formula plant that triggered the shortage. While many of the problems happened before Califf started on the job, he struggled to explain who was ultimately responsible for food safety within FDA’s bureaucracy.
FDA’s food program has a byzantine leadership structure in which there is a director for food and a separate deputy commissioner for “food policy and response.” The deputy commissioner has more of a safety focus, but has no direct authority over food center staff nor regional personnel who inspect plants.
“You have serious structural leadership issues,” Rep. Rosa DeLauro told Califf during the hearing.
DeLauro, a Connecticut Democrat, said Tuesday the FDA’s evaluation must contain input from non-FDA experts and interest groups to be credible.
“A report that includes recommendations to preserve the status quo is unacceptable,” she said in an emailed statement.
Responding to multiple crises is a standard part of leading the FDA, which regulates industries that account for an estimated one-fifth of all U.S. consumer spending.
Despite the recent controversies, some experts say Califf has done a good job, considering the increasing polarization surrounding the issues and products FDA oversees.
“Leading the FDA is becoming as complicated as, maybe more complicated than, leading a cabinet-level executive department,” said Daniel Carpenter, a professor of government at Harvard University. “I think Califf has navigated a pretty politically fraught environment and he has done it with remarkable skill.”
___
Follow Matthew Perrone on Twitter: @AP_FDAwriter
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content. | https://cw33.com/health/ap-health/fda-weighs-oversight-changes-after-juul-formula-troubles/ | 2022-07-20T16:25:17Z |
Innovative multipurpose port injector also can deliver compressed natural gas, and dimethyl ether (DME) fuels
DETROIT, Sept. 14, 2022 /PRNewswire/ -- Stanadyne, a leading global fuel and air management systems supplier, is unveiling a new alternative fuel injector for medium-duty and heavy-duty commercial vehicle powertrains at the 2022 North American International Auto Show (aka Detroit Auto Show). The company has developed a multipurpose port injector for delivering hydrogen, compressed natural gas, and dimethyl ether (DME) fuels.
"Demand for gaseous fuel injection is expected to increase significantly on the path to net zero, driven by the transport market (heavy trucks, trains)," said Stanadyne CEO John Pinson. "Our alternative fuel delivery systems lower emissions, increase efficiency, and improve performance on the path towards zero-carbon fuel compatibility."
Stanadyne's new low-pressure fuel injector is capable of high flow rates and has flexible packaging for a variety of port fuel injection applications. The higher flow capacity and fuel-air mixing features of the new injector permit equivalent energy density fuel delivery when compared to traditional hydrocarbon fuels. Its modular design is based on improved materials for robust hydrogen, compressed natural gas, and DME compatibility.
"Stanadyne is working hard on near-term solutions bridging the significant adoption gap between fossil-fueled propulsion and low-carbon or zero-carbon fueled vehicles," said Pinson. "Decarbonization of the transportation sector is, and will remain, a defining global priority."
Natural gas, diesel, and gasoline internal combustion engines are forecasted to remain the dominant medium-duty and heavy-duty commercial vehicle powertrain through at least 2040. Renewable fuels offer an effective means to reduce the carbon footprint of these powertrains on the way to reaching global climate goals.
Stanadyne's hydrogen-compatible injector is making its industry debut at the Detroit Auto Show. It will be on display at the company's Automobili-D vehicle pod during Industry Days being held September 14-15, 2022.
Stanadyne designs, manufactures, and remanufactures fuel delivery systems and components for gasoline and diesel engines, as well as low-carbon alternative fuels. Founded in 1873, the company specializes in pioneering technology for engines that move our world and remanufactured components that help keep them operating efficiently. The company provides customers with customized design, engineering, and manufacturing solutions from its United States, China, Italy, India, and United Arab Emirates locations in partnership with its global aftermarket service dealers and distributor network. For more information, visit stanadyne.com.
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SOURCE Stanadyne LLC | https://www.wibw.com/prnewswire/2022/09/14/stanadyne-unveils-new-hydrogen-fuel-injector-detroit-auto-show/ | 2022-09-14T18:02:08Z |
VANCOUVER, BC, Aug. 5, 2022 /PRNewswire/ - Sparx Technology Inc. (TSXV: SPRX) (OTCQB: STCXF) ("Sparx" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC").
DTC eligibility is expected to simplify the process of trading and enhance liquidity of Sparx shares in the United States. The Company's shares recently began trading on the OTCQB® Venture Market ("OTCQB") under the ticker symbol "STCXF".
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.
Al Thorgeirson
CEO and President
Sparx is an interactive media technology company whose principal activities are providing media companies and sports teams with technologies to engage audiences. The patented Sparx platform enables broadcasters, streamers, and video producers to engage viewers for longer, generate new revenue opportunities, and create lean-forward experiences for audiences eager to join the action. Millions of users can connect to the Sparx platform and interact simultaneously on their mobile phone, tablet, or computer anywhere in the world, in real time.
For more information about Sparx, visit the Company's website at www.sparxtechnology.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements included in this news release, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature, are intended to be, and are hereby identified as, "forward–looking statements". Forward-looking statements include, among other matters, the anticipated use of proceeds from the Financing. Forward–looking statements may be, but are not always, identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward–looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties (including risks that the Transaction does not proceed, or proceed on the expected terms, geopolitical risk, regulatory, Covid-19 and exchange rate risk) that could cause actual results to differ materially from those indicated in the forward–looking statements. There can be no assurance that any forward-looking statement will prove to be accurate or that management's assumptions underlying such statements, including assumptions concerning the Company or future developments, circumstances or results will materialize. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake to update or revise any forward-looking information included herein, except in accordance with applicable securities laws.
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SOURCE Sparx Technology Inc. | https://www.mysuncoast.com/prnewswire/2022/08/05/sparx-announces-dtc-eligibility/ | 2022-08-05T13:53:57Z |
WASHINGTON (AP) — President Joe Biden will deliver a prime-time address “on the continued battle for the soul of the nation” Thursday outside Independence Hall in Philadelphia, the White House announced Monday.
Billed as a major address just over two months before the midterm elections, Biden, the White House said, will discuss how the nation’s standing in the world and its democracy are at stake.
“He will talk about the progress we have made as a nation to protect our democracy, but how our rights and freedoms are still under attack,” the White House said. “And he will make clear who is fighting for those rights, fighting for those freedoms, and fighting for our democracy.”
Biden has increasingly sought to portray the November elections as a choice for voters between “ultra-MAGA Republicans” — a reference to former President Donald Trump’s “Make America Great Again” campaign slogan — and Democrats. He told supporters last week that they had “to vote to literally save democracy once again” — and labeled some Republican ideology as “semi-fascism.”
NBC News was first to report on Biden’s plans for the address. | https://cw33.com/news/politics/ap-politics/ap-biden-to-deliver-prime-time-speech-on-battle-for-democracy/ | 2022-08-30T04:41:26Z |
...HIGH FIRE DANGER CONDITIONS CONTINUE TODAY OVER SOUTHWEST AND
SOUTH CENTRAL GEORGIA...
This will be the hottest day of the ongoing heat wave, with
record-breaking triple-digit heat. Unseasonably low relative
humidity values of 22-30 percent are expected. A deeply mixed
layer will support very high dispersion and tall, well-developed
smoke columns if a fire generates enough heat.
Dead fuels will dry quickly. Live fuels will become stressed and
wilty.
Please refer to your local burn permitting authorities whether
you may burn outdoors. If possible, delay burning until next
week. If you do burn outside, use extreme caution.
Weather Alert
...HEAT ADVISORY REMAINS IN EFFECT UNTIL 8 PM EDT /7 PM CDT/ THIS
EVENING...
...HEAT ADVISORY IN EFFECT FROM 10 AM EDT /9 AM CDT/ TO 9 PM EDT
/8 PM CDT/ FRIDAY...
* WHAT...For the Heat Advisory, heat index values up to 108
expected.
* WHERE...Portions of southeast Alabama, south central and
southwest Georgia and Panhandle Florida.
* WHEN...For the first Heat Advisory, until 8 PM EDT /7 PM CDT/
this evening. For the second Heat Advisory, from 10 AM EDT /9
AM CDT/ to 9 PM EDT /8 PM CDT/ Friday.
* IMPACTS...Hot temperatures and high humidity may cause heat
illnesses to occur.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Drink plenty of fluids, stay in an air-conditioned room, stay out
of the sun, and check up on relatives and neighbors. Young
children and pets should never be left unattended in vehicles
under any circumstances.
Take extra precautions if you work or spend time outside. When
possible reschedule strenuous activities to early morning or
evening. Know the signs and symptoms of heat exhaustion and heat
stroke. Wear lightweight and loose fitting clothing when
possible. To reduce risk during outdoor work, the Occupational
Safety and Health Administration recommends scheduling frequent
rest breaks in shaded or air conditioned environments. Anyone
overcome by heat should be moved to a cool and shaded location.
Heat stroke is an emergency! Call 9 1 1.
&&
Weather Alert
...HEAT ADVISORY REMAINS IN EFFECT UNTIL 8 PM EDT /7 PM CDT/ THIS
EVENING...
...HEAT ADVISORY IN EFFECT FROM 10 AM EDT /9 AM CDT/ TO 9 PM EDT
/8 PM CDT/ FRIDAY...
* WHAT...For the Heat Advisory, heat index values up to 108
expected.
* WHERE...Portions of southeast Alabama, south central and
southwest Georgia and Panhandle Florida.
* WHEN...For the first Heat Advisory, until 8 PM EDT /7 PM CDT/
this evening. For the second Heat Advisory, from 10 AM EDT /9
AM CDT/ to 9 PM EDT /8 PM CDT/ Friday.
* IMPACTS...Hot temperatures and high humidity may cause heat
illnesses to occur.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Drink plenty of fluids, stay in an air-conditioned room, stay out
of the sun, and check up on relatives and neighbors. Young
children and pets should never be left unattended in vehicles
under any circumstances.
Take extra precautions if you work or spend time outside. When
possible reschedule strenuous activities to early morning or
evening. Know the signs and symptoms of heat exhaustion and heat
stroke. Wear lightweight and loose fitting clothing when
possible. To reduce risk during outdoor work, the Occupational
Safety and Health Administration recommends scheduling frequent
rest breaks in shaded or air conditioned environments. Anyone
overcome by heat should be moved to a cool and shaded location.
Heat stroke is an emergency! Call 9 1 1.
&&
The Southwest Georgia Public Health District is joining Greater Than AIDS and Walgreens in a National HIV Testing Day Community Partnership event Monday.
ALBANY -- The Southwest Georgia Public Health District is joining Greater Than AIDS and Walgreens in a National HIV Testing Day Community Partnership event Monday.
Free HIV testing and information will be available at the Walgreens at 300 N. Slappey Blvd. from 10 a.m.-3 p.m. Counselors from the Health District will be available to answer questions about HIV prevention and treatment options.
Participants must be registered by 2 p.m. in order to receive the free testing.
HIV testing is recommended as part of routine health care, yet many Americans are not being tested as often as advised. Whether living with HIV or not, there are more options than ever to stay healthy. The first step is an HIV test. National HIV Testing Day is an opportunity to normalize HIV testing and encourage people to make it part of their routine health care.
The National HIV Testing Day Community Partnership is part of an ongoing effort between Walgreens, Greater Than AIDS, health departments, and HIV/AIDS service organizations to broaden the reach of HIV testing and information in non-traditional settings and help people understand the latest in HIV prevention, treatmen, and care. More than 275 health departments, AIDS service organizations, and other community organizations are supporting the 2022 activation.
BioLytical Laboratories, Chembio Diagnostics and OraSure Technologies Inc. are donating test kits, and Abbott Rapid Diagnostics is providing support for outreach.
The COVID-19 pandemic brought into focus an indisputable fact: access to quality internet service is key to full participation in society and the economy. But inequitable access to high-speed internet has been an issue for much longer than the last two years. Policymakers and business leader… Click for more.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
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accounts, the history behind an article. | https://www.albanyherald.com/local/free-hiv-tests-available-monday-at-walgreens/article_94dfca26-f31d-11ec-b852-3f9f97d1744c.html | 2022-06-23T20:12:03Z |
squawkbox@albanyherald.com
Can an Albany Democrat tell me why the Democrats want to eliminate the police? Is it because they want lawlessness. Is it because they want people to be able to steal whatever they want? They may not want us to have police protection, but you can bet your a— they will have private security. Abrams needs to move tp L.A. as she will fit in there.
I’ve found Will Thault’s columns to be kind of “hit-or-miss” for me, but his column Sunday was a definite hit. He captured the essence of the American experience with his inspirational yet heart-breaking column. More like that, sir.
I guess Hershel will run down the field with wings flapping because he is too chicken to debate in the senate race.
Thank you, Albany Herald, for the story on Steven Belk. We needed some good news in our city government, and this is certainly that. Our recreation department has been allowed to devolve to the point of uselessness. Men like Mr. Blaylock and Mr. Brock led a great recreation department. We need to get back to that.
If we can’t use our own oil because of “climate change,” then what about the climate where the imported oil comes from?
Herschel Walker is a very flawed man, and putting him in the Senate would be a travesty. Georgia would have another Marjory Taylor Greene casting worthless ballots and making a mockery of our Republic.
Congratulations to The Albany Herald staff for your Georgia Press Association wins. A lot of us appreciate the fact that, despite fighting an uphill battle, you still give us professional journalism and keep us informed about our community.
On one hand, Democrats want to let criminals out of jail and weaken our police force. On the other, they want to make it harder to get protection from said criminals. Not gonna happen, hypocrites.
I hope The Herald will dig deeper into the Rails to Trails fiasco. What was a good and very do-able idea has become a pi$$ing contest between people whose egos are larger than their worth.
Why don’t we get an editorial picture of Will Thault? I’d like to see if I know this man so I can shake his hand for the beautiful column he wrote in Sunday’s paper.
Now an SMR is complaining about Biden canceling $5.8 billion in student loans. They appear to be angry because no one was implicated for wrongdoing. Squawkbox, could you find the squawk where that same SMR complained about no one going to jail during the housing market crash of 2008 under Bush? That crash cost $12.8 trillion. Signed, Yours Truly
Say what you want to about the Dougherty coroner, but every child or adult who gets taught how to swim is a potential life saved. Well done, sir.
The pro-abortionist say people don’t have the right to tell them what to do with their bodies, but these same people are the ones trying to preach to young children trying to tell them they are in the wrong body.
Well-done, Mr. Thault.
Liz Chaney is a warmonger. She is really a Democrat. She should change her party. She hates president Trump because he didn’t respect Mr. Chaney.
How can any self-respecting Republican even consider voting for Herschel Walker? | https://www.albanyherald.com/features/squawkbox/article_9aaf26fe-e599-11ec-bf48-cf8c1f5771de.html | 2022-06-06T20:36:40Z |
Two employee benefits industry experts bring key insights to further elevate Holmes Murphy's differentiated services.
MINNEAPOLIS, May 25, 2022 /PRNewswire/ -- Holmes Murphy is pleased to announce the additions of Nathan Cassin as Pharmacy Director and Nick Karls as Compliance Director to its ever-growing Employee Benefits team as they work to share their knowledge and expertise with Holmes Murphy clients across the nation.
In addition to his decade of experience in the pharmaceutical industry, Cassin is well-respected as a financial thought leader and negotiator. His expertise in financial analysis, strategic consulting, and contract language will lead to financial savings and best-in-class pharmacy contracts for Holmes Murphy clients.
Prior to joining Holmes Murphy, Cassin served as the Vice President of Pharmacy at Aon. During his time there, he focused on industrywide trend analysis, served as the leading consultant for Aon's foremost clients, and managed the operations and delivery team. His consulting experience includes work on behalf of both public and corporate plan sponsors, as well as coalitions seeking to improve the quality of prescription drug benefits, while lowering consumer costs. Cassin also previously held additional leadership positions at Aon.
"We are thrilled to be able to bring Nathan's unique perspective to the Holmes Murphy team," said Charisse Vaughn, Senior Vice President, Employee Benefits at Holmes Murphy. "The combined depth and breadth of his financial expertise in the pharmaceutical industry are going to play a vital role in our constant efforts to create savings for our clients."
As Compliance Director, Karls will create tremendous value for Holmes Murphy clients by keeping them abreast of the ever-frequent changes within the employee benefits regulatory landscape. His experience in employee benefits compliance will allow Holmes Murphy to stay on the leading edge in the industry and demonstrate the company's commitment to exceeding client expectations.
Prior to joining Holmes Murphy, Karls led the Regulatory and Legislative Strategy Group at a national brokerage. In this position, Karls led a team of attorneys and compliance specialists, with the goal of using compliance services as a way to acquire and retain clients for the brokerage. He has also been nationally recognized for his expert understanding of compliance topics and has been a frequent speaker on subjects such as the Affordable Care Act, the Employee Retirement Income Security Act, and COBRA.
"Nick's deep understanding of regulatory compliance will prove invaluable to Holmes Murphy clients," said Vaughn. "I am confident that Nick will steer each and every one of our clients' employee benefits regulatory strategies with a steady hand. I'm excited to see how both Nick and Nathan build on the great work already being done within our employee benefits expertise team and the opportunities they can create for our clients."
About Holmes Murphy
"Caring for Your Unique Potential is Our Soul Purpose." That statement is the core of how we do business. We ask the tough questions, avoid the easy path, believe fully in caring for the unique challenges of our clients, impact the industry through innovation, and leverage our greatest assets — the hearts and minds of our people — to advocate on behalf of our clients. That's our approach to risk management and benefits consulting, and it's worked for us since our inception in 1932. As an independent brokerage, we serve clients in every industry and of almost every size, with the ultimate goal of providing exceptional service and caring for our clients' unique potential. We are also the co-founder and co-owner of BrokerTech Ventures, the industry's first broker-led convening platform and accelerator. For more information, visit www.holmesmurphy.com. You can also follow us on Twitter.com (@holmesmurphyins) or on Facebook, LinkedIn, or Instagram.
Contact:
Adam Scheurenbrand
515.205.4080
ascheurenbrand@ls2group.com
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SOURCE Holmes Murphy | https://www.mysuncoast.com/prnewswire/2022/05/25/holmes-murphy-welcomes-nathan-cassin-nick-karls/ | 2022-05-25T13:10:34Z |
THOROFARE, N.J., May 2, 2022 /PRNewswire/ -- Checkpoint Systems, the only vertically integrated solution provider for retail, is delighted to have received the Good Design® distinction from The Chicago Athenaeum Museum of Architecture and Design for its unique NS40 Electronic Article Surveillance (EAS) antenna.
Launched in late 2020, Checkpoint's NS40 provides grocery retailers with a discreet but powerful in-lane loss prevention solution. Featuring a brushed steel finish as standard, the NS40 has an ultra-slim design, with patented 360 circular array technology along with the benefits of Bluetooth connectivity for easy deployment.
Developed to be unobtrusive and effortlessly fit within grocery stores, the antenna can be painted, powder-coated or vinyl wrapped to match any store's visual identity, while custom voice messages and a variety of sounds and coloured LEDs can be created for different alarm events.
The NS40 also pushes the boundaries when it comes to performance. Able to be installed at the end of a checkout offers earlier detection, giving retailers a better chance of theft recovery before merchandise reaches the store exit. Not only that, cases of non-deactivation by store staff can be quickly corrected, causing minimal embarrassment to honest shoppers.
And thanks to its Bluetooth connectivity installation is easier than ever before, with fewer cables and less floor cutting meaning retailers can save time and money on installation and in-store changes.
Founded in 1950, Good Design is one of the world's most prestigious, recognized and oldest design awards programmes. Organized annually by The Chicago Athenaeum Museum of Architecture and Design, in cooperation with the European Centre for Architecture, Art, Design and Urban Studies, it covers inventive consumer products, graphics and packaging designed and manufactured around the world.
"For years store designers had to work around large, plastic antennas that were necessary to deter thieves but were designed for functionality without the key element of design so the aesthetics were less critical. When we launched the NS40 we effectively showed retailers that antennas could become a design feature of stores. The aesthetics has become a key design requirement for Checkpoint's newer systems.
"This award shows how far we have taken EAS design, even a few years ago it would have been unheard of to win a design award for a loss prevention antenna. We're incredibly proud of our team that developed this latest generation of solutions which are enabling retailers to balance store design with loss prevention to protect profits and attract more people into a store."
Checkpoint Systems is currently working on developing an update to the NS40 that will enable retailers to place the antenna in even more store locations.
--ends-
A division of CCL Industries, Checkpoint Systems is the only vertically integrated RF/RFID solution provider for retail. With consumer demands accelerating at an extraordinary rate driven by technology, Checkpoint delivers intelligent solutions – bringing clarity and efficiency into the retail environment anytime, anywhere. Through a unique offering of software, hardware, labels, tags and connected cloud-based solutions, Checkpoint optimizes retail operations and efficiencies with real-time intuitive data delivered throughout the supply chain and in-store resulting in improved profitability and an enriched consumer experience. Checkpoint's intelligent retail solutions are built upon 50 years of radio frequency technology expertise, innovative high-theft and loss prevention solutions, market-leading software, RFID hardware and comprehensive labeling capabilities to brand, secure and track merchandise from source to shelf.
Twitter: @CheckpointSys
CCL Industries Inc., a world leader in specialty label and packaging solutions for global corporations, small businesses and consumers, employs approximately 19,000 people and operates 150 facilities in 25 countries on six continents with corporate offices in Toronto, Canada, and Framingham, Massachusetts. For more information, visit www.cclind.com.
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SOURCE Checkpoint Systems, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/02/checkpoint-receives-good-design-award-its-ns40-eas-antenna/ | 2022-05-03T00:45:13Z |
SHANGHAI, Sept. 8, 2022 /PRNewswire/ -- Shanghai Electric moved up to 40th place on the 2022 Top 250 International Contractors list released by Engineering News-Record (ENR), a world-renowned academic publication for news, analysis, commentary and data on the global engineering and construction industry.
The company placed 51st last year, rising swiftly to this higher position on the list in just a short period. Widely considered as the industry barometer, the annual ENR list is a highly influential, authoritative ranking that comprehensively reflects the trends taking place across the international engineering market throughout the year.
The list ranks the world's construction companies based on revenue generated by the sum of the projects they are involved in. Shanghai Electric made the list by virtue of 11 of its major international projects, including a photovoltaic-thermal (PV-T) facility and Phase 5 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, the Thar Block-1 Integrated Coal Mine in Pakistan, a gas-fired thermal power plant in Pancevo, Serbia, a solar facility in Cyprus as well as power plants in Rupsha, Bangladesh and Wassit province, Iraq.
In addition, the firm took third position among China's state-owned power engineering enterprises on the list, up by one position from last year, while ranking among the top ten on the regional list for the Middle Eastern market.
Despite the continued impact of the COVID-19 pandemic in 2021, Shanghai Electric achieved several major milestones by overcoming unprecedented challenges and continuing the implementation of its overseas projects, ensuring the uninterrupted growth of revenue from the projects while contributing significantly to the rise of the firm's ranking on the ENR list.
The milestones included the grid connection of Zone 1 of the company's PV-T facility in Dubai and of Pancevo's gas turbine units, the temporary handover of Zone A at Phase 5 of Dubai Solar Park, the hydraulic testing of boilers at the Thar power plant, the connection of Thar Coal Mine's PV power station to the power grid in Bangladesh (a grid that is currently over-reliant on fossil fuels), and the concrete pouring for Rupsha's steam turbine base.
In 2022, 79 mainland Chinese companies were included in the list, making China the first in the world in terms of the number of firms that made the ranking. Four of them are involved in the power engineering sector, aside from Shanghai Electric, they include Power Construction Corporation of China (PowerChina), China Energy Engineering Group (Energy China) and China National Machinery Industry Corporation. Shanghai Electric also ranked among the top ten on the regional list alongside PowerChina, Energy China, China State Construction Engineering Corporation and China Railway Construction Group Corporation.
According to the ENR list, the global infrastructure construction market showed a recovery in 2021. Combined contracting revenue of the Top 250 increased 5.1% year on year to $547.2 billion last year, while combined international turnover of the companies declined 5.4% to US$397.9 billion, a vast improvement compared to the drop of 11.1% in 2020. Among the 236 companies that have made the list for two consecutive years in 2021 and 2022, 62.3% saw an increase in international turnover.
All of the top 250 companies have built distinctive competencies in their respective regional markets. Most notably, Chinese contractors continued their leadership role in Africa (with a share of 59.3%), Asia (55.3%) and the Middle East (40%). In 2021, turnover from the transportation construction business of the Top 250 reached US$132.17 billion, accounting for 33.2 per cent of the total, followed by housing construction, petrochemical and power engineering, with combined turnover of the four business types making up 80.1% of the total.
About Shanghai Electric
Shanghai Electric Group Company Limited (SEHK: 2727, SSE: 601727) is a world-class high-end equipment manufacturer, focusing on smart energy, intelligent manufacturing and smart infrastructure to provide green and intelligent industrial-grade system solutions. It has a global presence in industries such as new energy, efficient clean energy, industrial automation, medical devices and environmental protection.
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SOURCE Shanghai Electric | https://www.wibw.com/prnewswire/2022/09/08/shanghai-electric-jumps-40th-enrs-2022-top-250-international-contractors-list/ | 2022-09-08T11:06:07Z |
Additional valet service creates more capacity at some of the busiest stations and complements City of Boston's free 30-day pass offer
BOSTON, Aug. 18, 2022 /PRNewswire/ -- To help support Metro Boston residents during the upcoming Orange and Green Line shutdowns, Bluebikes title sponsor Blue Cross Blue Shield of Massachusetts (Blue Cross) will sponsor additional valet service at four Bluebikes stations, expanding accessibility to the public bike share system at peak usage times. Bluebikes is owned by the system's 11 municipalities and operated by Lyft.
With an expected increase in Bluebikes ridership during the Orange and Green Line closures, the valet service will help expand bike and dock availability at some of the busiest stations and provide an accessible and alternative mode of transportation during the shutdowns. The additional valet support, sponsored by Blue Cross and in partnership with the City of Boston, will be available to riders at select Bluebikes stations weekdays from Monday, August 22, through Friday, September 16, during the hours of 7-11 am and 3-7 pm. To find real-time valet service locations, please visit the System Map on the Bluebikes website or the Bluebikes app and look for the Valet icon at your destination station to confirm service is active.
"We're committed to promoting accessible, healthy transit options in our communities, including through continued collaboration with our partners across the Bluebikes municipalities," said Jeff Bellows, vice president of corporate citizenship and public affairs at Blue Cross. "We hope that our support of Bluebikes will help support greater Boston residents through the MBTA shutdowns."
In conjunction with the additional valet support during this time, the City of Boston has also announced free 30-day Bluebikes passes during the MBTA closures to further support the community. To access free passes, which are available beginning August 19, residents can download the Bluebikes app or navigate to Bluebikes.com/join and select a Monthly Membership. Existing Bluebikes users can log into their online account and select "Renew Membership." Current monthly members with auto-renew turned on will not be charged for the new pass this month.
Blue Cross is in the fifth year of a six-year Bluebikes title sponsorship, which launched in May 2018. Through its partnership with the municipal owners of Bluebikes, Blue Cross continues to support system growth and accessibility, including station expansions, upgrades, and additional bikes, and is pleased to be able to support the city of Boston during this scheduled MBTA maintenance.
Bluebikes is public transportation by bike. The system is jointly owned and managed by the Cities of Boston, Cambridge, Everett, Salem and Somerville and the Town of Brookline. Blue Cross Blue Shield of Massachusetts is the system's title sponsor. Riders can find 400 stations and 4,000 bikes across 11 municipalities in Metro Boston. Since 2011, more than 14 million trips have been taken by bike share. For more information about Bluebikes, visit bluebikes.com.
Blue Cross Blue Shield of Massachusetts (bluecrossma.org) is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We are committed to the relentless pursuit of quality, affordable and equitable health care with an unparalleled consumer experience. Consistent with our promise to always put our members first, we are rated among the nation's best health plans for member satisfaction and quality. Connect with us on Facebook, Twitter, YouTube, and LinkedIn.
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SOURCE Blue Cross Blue Shield of Massachusetts | https://www.wibw.com/prnewswire/2022/08/18/blue-cross-blue-shield-massachusetts-sponsors-bluebikes-valets-help-expand-bike-availability-during-mbta-shutdowns/ | 2022-08-18T20:16:51Z |
Chronic treatment with HT-ALZ (>5 weeks) demonstrated significant improvement in behavioral and cognitive function tests in an Alzheimer's disease (AD) mouse model supporting a positive therapeutic potential of HT-ALZ for treatment of AD
NEW YORK, July 12, 2022 /PRNewswire/ -- Hoth Therapeutics, Inc. (NASDAQ: HOTH), a patient-focused biopharmaceutical company, today announced proof-of-concept data generated using cognitive and behavioral assessments in an Alzheimer's disease mouse model (aged APP/PS1+/- mice), supporting the therapeutic cognitive potential of HT-ALZ after chronic oral dosing. The research was conducted as part of the company's Sponsored Research Agreement with Washington University in St. Louis. HT-ALZ is a therapeutic in development under the 505(b)(2) regulatory pathway for the treatment of dementia related to Alzheimer's disease (AD).
The chronic dosing experiments, conducted by Carla Yuede, PhD, Associate Professor of Psychiatry, and John Cirrito, PhD, Associate Professor of Neurology, at Washington University School of Medicine, included a battery of behavioral assessments (eg, pre-pulse inhibition, novel object recognition, cued and contextual fear conditioning) after >5 weeks oral treatment with HT-ALZ. These behavioral assessments are considered the gold standard for predictive cognitive, learning, and memory improvement potential for AD therapeutics. All of the behavioral tests performed after >5 weeks treatment showed a significant improvement in the HT-ALZ treated groups compared to the vehicle treated groups, with similar cognitive and behavioral trends in the HT-ALZ-treated groups compared to the wild type (non-AD) animals. Overall, the results support the therapeutic potential of HT-ALZ to provide cognitive improvement as an AD therapeutic.
Dr. Cirrito commented, "Chronic dosing had a significant effect on four behavioral deficits that these mice develop due to Aβ pathology. Such results provide confidence that the investigational treatment is having a meaningful impact in the brain."
Other behavioral assessments performed at earlier treatment periods (less than 5 weeks treatment) with HT-ALZ did not show a significant improvement compared to vehicle treated animals, however, were trending in a positive predictive manner towards improvement; this data suggests a time-dependent improvement after initiation of HT-ALZ treatment consistent with other AD therapeutics1. These other behavioral assessments are currently being repeated after longer HT-ALZ dosing periods (eg, 6 weeks).
AD is a neurodegenerative disease that is characterized by aggregates of amyloid β (Aβ) plaques and neurofibrillary tangles of Tau protein in the brain, which contribute to the clinical symptoms of the disease such as dementia. Previously Hoth reported study results focused on investigating the effect of orally administered HT-ALZ to reduce the concentration of Aβ in the brain interstitial fluid, using an established Alzheimer's Disease mouse model (aged APP/PS1+/- mice). The initial data from these studies shows a significant decrease in Aβ in both male and female APP/PS1+/- mice after acute treatment with HT-ALZ, compared to placebo-treated animals and baseline Aβ levels. Further work is underway to determine how HT-ALZ impacts Aβ pathology following chronic treatment.
Future research studies to be conducted by Dr. Cirrito and Dr. Yuede will investigate the effect of HT-ALZ on memory, anxiety, and executive function in the APP/PS1+/- mice model after chronic dosing (6 weeks) with HT-ALZ at 4 different dose levels to determine if there is a dose-dependent response for selection of the human equivalent dose for future clinical trials with HT-ALZ.
Reference:
1Carrion C, Folkvord F, Anastasiadou D, Aymerich M. Cognitive Therapy for Dementia Patients: A Systematic Review. Dement Geriatr Cogn Disord. 2018;46(1-2):1-26. doi: 10.1159/000490851. Epub 2018 Aug 9. PMID: 30092585.
About Hoth Therapeutics, Inc.
Hoth Therapeutics is a clinical-stage biopharmaceutical company dedicated to develop innovative, impactful, and ground-breaking treatments with a goal to improve patient quality of life. We are a catalyst in early-stage pharmaceutical research and development, elevating drugs from the bench to pre-clinical and clinical testing. Utilizing a patient-centric approach, we collaborate and partner with a team of scientists, clinicians, and key opinion leaders to seek out and investigate therapeutics that hold immense potential to create breakthroughs and diversify treatment options. To learn more, please visit https://ir.hoththerapeutics.com/.
Forward-Looking Statement
This press release includes forward-looking statements based upon Hoth's current expectations which may constitute forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 and other federal securities laws, and are subject to substantial risks, uncertainties and assumptions. These statements concern Hoth's business strategies; the timing of regulatory submissions; the ability to obtain and maintain regulatory approval of existing product candidates and any other product candidates we may develop, and the labeling under any approval we may obtain; the timing and costs of clinical trials, the timing and costs of other expenses; market acceptance of our products; the ultimate impact of the current Coronavirus pandemic, or any other health epidemic, on our business, our clinical trials, our research programs, healthcare systems or the global economy as a whole; our intellectual property; our reliance on third party organizations; our competitive position; our industry environment; our anticipated financial and operating results, including anticipated sources of revenues; our assumptions regarding the size of the available market, benefits of our products, product pricing, timing of product launches; management's expectation with respect to future acquisitions; statements regarding our goals, intentions, plans and expectations, including the introduction of new products and markets; and our cash needs and financing plans. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. You should not place reliance on these forward-looking statements, which include words such as "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" or similar terms, variations of such terms or the negative of those terms. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee such outcomes. Hoth may not realize its expectations, and its beliefs may not prove correct. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, market conditions and the factors described in the section entitled "Risk Factors" in Hoth's most recent Annual Report on Form 10-K and Hoth's other filings made with the U. S. Securities and Exchange Commission. All such statements speak only as of the date made. Consequently, forward-looking statements should be regarded solely as Hoth's current plans, estimates, and beliefs. Investors should not place undue reliance on forward-looking statements. Hoth cannot guarantee future results, events, levels of activity, performance or achievements. Hoth does not undertake and specifically declines any obligation to update, republish, or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law.
Investor Contact:
LR Advisors LLC
Email: investorrelations@hoththerapeutics.com
www.hoththerapeutics.com
Phone: (678) 570-6791
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SOURCE Hoth Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/07/12/hoth-therapeutics-announces-ht-alz-therapeutic-shows-cognitive-improvements-alzheimers-disease-mouse-model/ | 2022-07-12T15:09:55Z |
Airlines count on business travelers to keep recovery going
DALLAS (AP) — With summer vacations winding down, airlines are counting on the return of more business travelers to keep their pandemic recovery going into the fall.
Air travel in the United States, bolstered by huge numbers of tourists, has nearly recovered to pre-pandemic levels.
Inflation — and especially this year’s sharp rise in airfares — raises concern about how long vacationers can afford to keep flying at their current pace. Airlines say they see no signs of a slowdown in leisure travel.
Business travel, however, remains about 25% to 30% below 2019 levels, according to airlines and outfits that track sales.
And it is not clear when — or if — road warriors will return to their old travel habits.
“The whole challenge for the industry is around the return of the corporate traveler, and whether he is going to come back in enough volume and frequency that is going to help these airlines,” says John Grant, an analyst with travel-data provider OAG.
The Global Business Travel Association recently predicted that corporate travel won’t fully return until mid-2026, 18 months later than the trade group had previously forecast.
Business travelers generally pay higher fares, so their absence has an outsized impact on airline revenue and profit.
Business travel is slower to return because it is more complicated than somebody deciding they want to take a vacation after staying home during the first two years of the pandemic, says Chuck Thackston, who leads data research at the Airlines Reporting Corp., a ticket-settlement firm that operates as a middleman between airlines and travel agents.
“On the corporate side, it just takes a little more to restart that because there are so many moving parts,” Thackston said. “If you want to go visit clients in New York, it could be that nobody is in the office in New York. That is slowly building back.”
Conventions and other big meetings are another key driver of business travel, and also seem to be coming back, Thackston said.
Airline officials say that travel by small-business operators has recovered nearly fully, but that many corporate travelers have not returned to the road or skies.
The chief commercial officer of Southwest Airlines, Andrew Watterson, said that since business travel began picking up this spring, “it was skewed toward smaller businesses and government and education were traveling. Our largest corporates are the ones that are lagging, particularly banking, consulting and technology.”
Watterson said that among Southwest’s biggest corporate accounts, they all have employees traveling — but not as many of them, and not as often.
The nature of business travel is changing as companies become accustomed to smaller travel budgets. Some trips are being replaced by video calls, perhaps permanently. Speculative sales trips could be especially easy for companies to cut.
Conventions now routinely offer a “hybrid” format with an option to stay behind and watch online — although that means missing the hallway conversations and other opportunities to network.
Standard & Poor’s said this week that many convention center operators are running summer and fall schedules similar to those in 2019, but a recession or new COVID-19 variant are still risks.
Vasu Raja, the chief commercial officer at American Airlines, said demand has dropped for one-day business trips in which someone leaves in the morning and flies home that evening.
“But interestingly, we’ve seen more demand for blended trips where somebody leaves on a Thursday from Dallas to go to New York, they don’t return on the Friday — they stay through the weekend and they come back on Sunday,” he said. Sometimes a spouse goes with them, he added.
Business travel is big business worldwide. The Global Business Travel Association estimates that it was worth more than $1.4 trillion in 2019, then plummeted by more than half each of the next two years. The trade group estimates that after being hindered by the omicron variant early this year, business travel will hit $933 billion in 2022 — still 35% below the pre-pandemic mark.
The widespread availability of vaccines and better treatment of COVID-19 — along with relaxation of mandatory quarantines and other travel restrictions — have boosted leisure and corporate travel. However, travel is now threatened by deteriorating economic conditions including surging inflation and labor shortages. New COVID-19 variants remain a concern among travel managers, particularly in Asia.
The cost of travel is expected to keep rising, putting pressure on corporate budgets. A recent report from travel-management company CWT predicted that fares paid by business travelers will rise nearly 50% this year and 8% next year, and hotel rates will rise 19% this year and 8% in 2023.
Most U.S. airlines reported profits for the April-through-June second quarter. For American and United, it was their first profitable quarter excluding government aid since the pandemic started, and they should be in the black for the third quarter, which ends with vacation-heavy July and August.
Business travel traditionally enjoys a peak in the spring and another in September and October. Airlines are about to find out whether that happens this year.
“There has been a lot of discussion about, yeah, business travel is coming back, and U.S. airline CEOs being quite bullish about it,” said Grant, the OAG analyst. “But the hard evidence now needs to come forward.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/06/airlines-count-business-travelers-keep-recovery-going/ | 2022-09-06T13:50:05Z |
Neurologist guilty on 12 counts of sexually abusing patients
NEW YORK (AP) — A once-prominent neurologist was found guilty Friday on charges of sexually abusing patients while treating them with pain medications.
A New York City jury reached the verdict after deliberating for about three days at the trial of Dr. Ricardo Cruciani.
Cruciani, 68, was convicted on 12 criminal counts — one count of predatory sexual assault, one of attempted rape, one of sex abuse, two of rape and seven of criminal sexual acts. He was acquitted on two other counts.
“We entrust doctors to respect our bodies and health when we go to them for help, yet Dr. Cruciani utterly violated that duty,” District Attorney Alvin Bragg said in a statement. Cruciani, Bragg added, “left in his wake six survivors who continue to suffer from debilitating diseases, and now, years of trauma.”
The doctor had denied the allegations. His attorney, Fred Sosinsky, said Friday there would be an appeal.
“My client and his beautiful family are crushed by today’s verdict,” the lawyer said. “In the end, it appears that the collective weight of six accusers, rather than a fair consideration of each of their problematic accounts, carried the day.”
Cruciani, who had been out on bail, was jailed after the verdict was announced.
Prosecutors alleged Cruciani groomed vulnerable patients by overprescribing pain killers, sometimes to treat serious injuries from car wrecks and other accidents. Six women testified the sexual abuse often occurred behind closed doors during appointments in 2013 at a Manhattan medical center, where the doctor would expose himself and demand sex.
“He didn’t finish writing my prescriptions until I did something for him,” one told the jury.
In closing arguments, prosecutor Shannon Lucey called the behavior “just pure evil,” adding, “This defendant is nothing but a drug dealer who used his prescription pad as a weapon.”
Sosinsky countered by arguing the witnesses weren’t credible, telling the jury the women “were willing to lie” and “dispute the indisputable” to make the charges stick.
Cruciani is also facing federal charges accusing him of abusing multiple patients over 15 years at his offices in New York City, Philadelphia and Hopewell, New Jersey.
The federal charges and state trial follow years of public complaints by Cruciani’s accusers that authorities in some places were not taking his crimes seriously, particularly in Philadelphia, where he pleaded guilty to relatively minor misdemeanor groping counts involving seven patients.
___
This story has been corrected to show that Cruciani was found guilty on 12 criminal counts, not five.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/29/neurologist-guilty-12-counts-sexually-abusing-patients/ | 2022-07-29T18:02:03Z |
$25 million headed to plug abandoned wells in Kansas
TOPEKA, Kan. (WIBW) - About $25 million is headed to Kansas to help plug abandoned oil and water wells.
The Kansas Corporation Commission says it has been awarded $25 million in grant funds to help plug abandoned wells in the Sunflower State. It said the grant is part of $1.15 billion earmarked under the https://transportation.house.gov/committee-activity/issue/infrastructure-investment-and-jobs-act#:~:text=The%20Infrastructure%20Investment%20and%20Jobs,create%20good%2Dpaying%20union%20jobs. to help remediate abandoned oil and gas wells.
The KCC said a total of $4.7 billion has been allocated over the next 8 years to plug abandoned wells. It is eligible to receive another $33.6 million in future formula grant funds.
“These federal grants provide Kansas with a one-time opportunity to help address the issue of abandoned wells in Kansas while helping the economy by providing good paying jobs for several years,” said Ryan A. Hoffman, KCC Conservation Division Director.
The KCC noted that it plans to use the initial $25 million grant to pay for eight projects to plug more than 2,300 abandoned wells over the next two to three years. It said four projects are in Eastern Kansas with the others located in Central and Western Kansas.
KCC indicated that a well is considered “abandoned” when it has been permanently taken out of production, is not properly plugged to prevent possible air or groundwater pollution, and the rightful legal owner cannot be found or take responsibility.
While the federal grants will help reduce the total number of abandoned wells in the Sunflower State, they are insufficient to address the entire issue. It wills till rely on industry-generated funds to plug the thousands of remaining wells after the federal program expires.
More than 11,000 abandoned wells have been plugged since the establishment of the state well-plugging fund in 1995. The KCC said oil and gas drilling in the state began in the 1860s and record keeping by early operators was not as precise as today. It said it is not uncommon for older abandoned wells to be found by landowners who were unaware they existed.
“These federal grant funds will provide important assistance in plugging abandoned wells in Kansas. However, to adequately protect Kansas freshwater resources, it will also be necessary to continue funding the plugging of abandoned wells with state well-plugging fund resources provided by oil and gas industry fee assessments,” said Dwight D. Keen, Chair of the KCC.
To view a map of the project locations, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/29/25-million-headed-plug-abandoned-wells-kansas/ | 2022-08-29T19:55:54Z |
Hartville Village Council selects new village solicitor
Hartville Village Council
Tuesday meeting
KEY ACTION: Named Hartville attorney Eric J. Williams, of the law office of Eric J. Williams LLC, as village solicitor following the resignation of solicitor Ron Starkey.
DISCUSSION: Mayor Cynthia Billings said a contract proposal would be sent to Williams, including the position's current salary and job description. Councilwoman Bev Green noted that, per Williams' schedule, council meetings will need to be changed from Tuesday to either Monday or Wednesday.
South Prospect Avenue resident Tim Hayden asked how the village made its selection and if a bid process was used. Billings said a bid process was not used, which is often the case with professional services contracts. Village officials solicited recommendations for an attorney with municipal law experience. Councilman Steve Reish noted there are a limited number of attorneys with such experience.
Hayden also asked if Williams' salary has been established and if it is currently in the village budget. Billings said the salary has not been determined and would be part of the pending contract, adding a budget amendment adjusting the current solicitor salary would be likely because Starkey had "given us a very special deal and charged us basically nothing." "We were lucky to have Ron as long as we did," Billings said. Starkey resigned as village solicitor last month citing dissatisfaction with recent council votes and the overall direction of council.
OTHER ACTIONS:
- Village Engineer Sam Awadallah reported that his department is performing Ohio Department Of Transportation condition ratings on all village roads to determine if a preliminary list of roads for paving in 2022 and 2023 "makes sense." Awadallah stressed the list of Grand Trunk; Lake Street; Erie Avenue; two east-west alleys between Lake and Erie; Howard Court, from Lincoln Street to East Maple; Wagner Court; Miller Avenue and Miller Extension; Robson Avenue; three north-south alleys between West Maple and Wagner Court; and 200 feet of entrance and 200 feet of exit on Glenberry Avenue is preliminary and can be adjusted based upon the road condition study and budget.
- Approved the village’s 2022 mowing contract for village properties at $135 per mow up to 265 mowings.
- Had a second reading of a rezoning request for two parcels in the 600 block of Woodland Street from R-1 to R-2 contingent upon the parcels being combined, with council members Reish and Ben Ohler voting against. The request will have its third and final reading before council at the May 17 regular meeting.
UP NEXT: Meets for its next regular meeting at 7 p.m. May 17 at Hartville Village Hall, 202 W. Maple St., and online at www.facebook.com/VillageofHartville. | https://www.cantonrep.com/story/news/2022/05/04/hartville-village-council-selects-new-village-solicitor/9643222002/ | 2022-05-04T17:32:26Z |
BISMARCK, N.D., Aug. 1, 2022 /PRNewswire/ -- As the summer sun begins to dip below the horizon earlier each day, fields of sunny yellow sunflowers will start to blanket the North Dakota landscape. Throughout August the golden flowers bloom ubiquitously throughout the state, and North Dakota Tourism invites visitors to experience these awe-inspiring fields.
For visitors planning a picture-perfect trip, North Dakota Tourism has launched the state's 2022 Sunflower Blooms Guide detailing the location of 20 stunning sunflower fields. Weekly bloom updates will highlight the progress of vibrant yellows as they sweep across the state. In addition, Field of Sunflowers, one of North Dakota's Legendary Road Trips, is the perfect way to make the most of your remaining summer days and to check out the seas of brilliant yellow hues.
"As one of the nation's largest producers of sunflowers, North Dakota has a Legendary reputation as the best place in the United States to experience the vast sunflower blooms," said North Dakota Department of Commerce Tourism and Marketing Director Sara Otte Coleman. "Our golden fields attract visitors from all over who are captivated by the bright flowers and warm hospitality found across North Dakota each summer."
North Dakota came to be a leader in growing the fan favorite flowers after Ukrainian immigrants settled in the state via the Homestead Act of 1867. Sunflowers have long been a significant part of Ukraine's economy - the country produces upwards 70 to 80 percent of the global sunflower oil exports - and proudly recognize it as the nation's official flower. When Ukrainians settled in North Dakota, they brought their sunflower crops with them and cultivated the land into sweeping fields of brilliant yellow flowers.
Sunflower fans chasing photo opportunities should keep in mind the following tips for capturing the iconic blooms:
- In general, landowners and farmers don't mind visitors stopping to look at the fields as long as you are respectful and don't enter or drive into the fields.
- Looking for that perfect golden hour shot? Arrive early so you can scout your location for the optimal setting to capture your just-after sunrise or just-before sunset pic. It's a race against time, so you'll want to be set up and ready to go when the light turns that perfect hue. Phone apps such as Sun Seeker or Sun Surveyor can help visitors gauge the timing in any location.
- Happen to visit on a cloudy day? You're in luck, as those are often the best days to capture vivid close-up shots.
- Share your love for the sunny bloom and tag your photos and videos on social media using #BeNDLegendary.
As one of the top two sunflower producing states annually, North Dakota raises an impressive 40 percent of the nation's sunflowers. The state is also the top producer of the edible or "confection" sunflower seeds in the U.S. Visitors with a taste for sunflowers should scoop up a bag (or two!) of Wahpeton, North Dakota's Giants Snacks sunflower seeds in original or a variety of flavors, and try the deliciously creamy SunButter made from roasted sunflower seeds in Fargo.
North Dakota Tourism is also bringing the scrumptious seeds to the fields with packets of sunflower seeds in mailboxes for an on-the-road snack. More sunflower recipes, videos and little-known facts are available at Brighten Your Day with the Amazing Sunflower.
For more about the sunflower bloom in North Dakota and planning a trip, visit NDtourism.com.
Follow North Dakota Tourism on Facebook at www.facebook.com/TravelND, on Instagram at https://www.instagram.com/northdakotalegendary/ on TikTok at https://www.tiktok.com/@travelnorthdakota or on Twitter at http://twitter.com/NorthDakota and get tips on what to see and do all year long.
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SOURCE North Dakota Tourism Division | https://www.mysuncoast.com/prnewswire/2022/08/01/let-north-dakota-sunflowers-put-smile-your-face/ | 2022-08-01T20:02:15Z |
LOS ANGELES, June 15, 2022 /PRNewswire/ -- VinFast US announces the "VinFast Charged-Up Program", offering a one-year VinFast Smart Driving package and attractive charging options for customers who reserve a VF 8 or VF 9 from now until the end of September 2022.
The "VinFast Charged-Up Program" applies to VF 8 and VF 9 reservations made in the US from May 31, 2022 to September 30, 2022.
Two Charged-Up Program Charging Options:
Option 1: Customers will have access to complimentary charging for three years, with unlimited sessions, from the day they take delivery of their new VinFast vehicle, through our charging collaboration with Electrify America across their coast-to-coast network. As the largest public charging network with an abundance of 150 and 350 kW ultra-fast chargers, Electrify America enables customers the freedom to move about the country in their VinFast vehicles and stay charged.
Option 2: Customers can instead choose to receive one free VinFast Level 2 Home Charger and a $1,200 credit to be applied toward installation by a VinFast service partner. This option is designed to help customers feel secure with professional installation service and enjoy the convenience of fast charging at home.
VinFast Smart Driving Package included with Charged-Up Program. Customers who reserve under the Charged-Up Program will also receive a free one-year VinFast Smart Driving package, including Level 2+ ADAS and Smart Services suite with the purchase of their vehicle. This premium package includes , but is not limited to , the following features: automated lane changing assist, smart parking assist, remote parking assist, smart summon mode, voice assistants (including Cerence and Alexa), geo-fencing, time-fencing, live traffic, satellite view, in-car shopping, mobile home and office enabling virtual assistant, streaming apps, games, web browsers, smart home control, and many more.
All customers who purchase VF 8 and VF 9 in 2022 and 2023, will enjoy a rewarding permanent battery subscription rate for the entire vehicle life.
With the announcement of the VinFast Charged-Up Program, VinFast continues to affirm its determination of making premium EV ownership attainable for everyone, and to encourage global customers to join the electrified mobility revolution and co-create a sustainable future for everyone.
Learn more about the VinFast Charged-Up Program and Join the Charge at: https://vinfastauto.us/.
About VinFast
VinFast - a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.
Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com.
About Vingroup
Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion from three publicly traded companies (as of November 4, 2021). Vingroup currently focuses on three main areas: Technology and Industry, Services and Social Enterprise. Find out more at: https://www.vingroup.net/en.
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SOURCE VinFast Automotive | https://www.mysuncoast.com/prnewswire/2022/06/15/vinfast-us-announces-its-vinfast-charged-up-program-offering-charging-solutions-vinfast-smart-driving-package/ | 2022-06-15T18:26:29Z |
Disney Cruise line dropping vaccine requirement for children
Published: Aug. 16, 2022 at 10:01 AM CDT|Updated: 32 minutes ago
(CNN) - Some children do not need to be vaccinated against COVID-19 to go on a Disney cruise.
Disney Cruise Line decided to drop its vaccination requirement for children younger than 12 years old on cruises leaving from the United States and Canada beginning Sept. 2.
Vaccines are still required for anyone 12 and older, and everyone is still required to go through COVID-19 testing.
A number of other cruise lines have updated their vaccine policies as well.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/08/16/disney-cruise-line-dropping-vaccine-requirement-children/ | 2022-08-16T15:35:40Z |
The edgy and bold göt2b brand to work closely with Tati to embrace self-expression through new hair colors and an expanded styling range for diverse hair types and textures
STAMFORD, Conn., July 21, 2022 /PRNewswire/ -- Henkel's göt2b® hair color and styling brand announces an exciting collaboration with Actor & Philanthropist Tati Gabrielle, best known for her screen-stealing acting role in Season 3 of the Netflix hit series "You." Tati has been recognized as one of Forbes' "Hollywood 30 Under 30" and is committed not only to her craft as an actor, but also to her passion for philanthropy. Tati has never been one to shy away from expressing herself, whether it's through fashion, giving back to others or advocacy of causes she believes in. Now, she will be extending her avenues of self-expression through collaborating with göt2b to promote iconic color and styling products and everlasting trends that everyone can try in order to be whoever they want to be.
As a brand, göt2b's mission has always been to enable its consumers to break free from society's expectations. The brand's selection of forward-thinking, trendy hair colors and styling products empower people to switch up their looks, self-experiment and self-express without limits so that they feel free to be whoever they want to be. When looking for a brand ambassador, there was no one better to represent who you want to be through hair color and styles than Tati. Tati not only embodies this same philosophy through her fashion sense and attitude, but she exudes confidence and encourages those around her to self-express and own their unique style.
"We are so excited to work with Tati Gabrielle as our ambassador for göt2b as she is the epitome of what our brand stands for and authentically connects with our diverse set of consumers," said Melinda V. Johnson, Director of Marketing at Henkel. "Tati seamlessly represents the brand both on the color and styling business through her positive attitude, free spirit and creativity," continued Johnson. "We are excited to begin our journey with her and continue spreading our message of self- expression and self-acceptance as we look to 2022 and 2023."
To kick off our collaboration, Tati joined göt2b and its brand partner, global youth charity Ditch the Label, as a panelist for the brand's first-ever Virtual Self-Expression Summit, held in their own metaverse on Stop Cyberbullying Day (June 17, 2022). Hosted by Digital Creator Avani Gregg and moderated by Ditch the Label Founder & CEO Liam Hackett, Tati and other inspirational panelists participated in an open discussion about how they have overcome fears, obstacles and setbacks to find their voice and gain confidence. Tati will continue to work with the brand through marketing, digital, public relations, and social media promotions to share the brand's message of self-acceptance and being who you want to be.
"I'm extremely excited that göt2b thought of me to be a brand ambassador! I love what they stand for as they encourage their audience to be whoever they dream to be," said Actor & Philanthropist Tati Gabrielle. "It's so important to HONOR our individuality and what makes us unique, and I look forward to joining göt2b in sharing that message loud and proud throughout this collaboration."
göt2b is excited to be working with Tati Gabrielle across new brand and product innovation for 2023, digital and social brand activations.
About Henkel in North America:
In North America, Henkel operates across its three business units: Adhesive Technologies, Beauty Care, and Laundry & Home Care. Its portfolio of well-known consumer and industrial brands includes Schwarzkopf® hair care, Dial® soaps, Persil®, Purex®, and all® laundry detergents, Snuggle® fabric softeners as well as Loctite®, Technomelt® and Bonderite® adhesives. With sales close to 6 billion US dollars (5 billion euros) in 2021, North America accounts for 25 percent of the company's global sales. Henkel employs over 8,000 people across the U.S., Canada and Puerto Rico. For more information, please visit www.henkel-northamerica.com, and on Twitter @Henkel_NA.
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SOURCE got2b | https://www.wibw.com/prnewswire/2022/07/21/gt2b-henkels-trend-setting-styling-color-brand-announces-actor-amp-philanthropist-tati-gabrielle-brand-ambassador/ | 2022-07-21T17:28:16Z |
MECHANICSBURG, Pa., July 20, 2022 /PRNewswire/ -- West Shore Home®, one of the fastest growing home remodeling companies in America, today announced it has acquired Design Center, Inc. Based in St. Paul, Minn., the company specializes in mobile app development, virtual reality solutions and custom software. The acquisition establishes West Shore Home as the technological leader in the home remodeling industry.
West Shore Home has become an industry leader through its use of technology to simplify the home remodeling experience. This acquisition enhances its ability to innovate and improve the customer experience. Utilizing its Don't Blink® mindset, West Shore Home is reinventing home remodeling, allowing consumers to drive the process through its tech-driven platform. What traditionally would take weeks and months, West Shore Home completes in a fraction of the time by giving consumers a seamless, self-service digital experience.
"One of our core values at West Shore Home is to Get Better Every Single Day. As we look to the future of the company, technology is key to our continued growth," said B.J. Werzyn, CEO, West Shore Home. "Bringing this established, well-respected software designer under our roof furthers our vision of becoming America's Most Admired Home Improvement Brand®."
Design Center specializes in mobile application development; user experience research; consulting and implementation; content management solutions; custom software platforms and integrations; website design; user interface design; graphic design services; 3D modeling; animation and visualization; virtual reality and augmented reality. The acquisition brings 23 new teammates to West Shore Home.
Founded in 2006, West Shore Home has grown into a national brand with 33 operational locations in 15 states. They include Alabama, Arizona, Colorado, Florida, Georgia, Indiana, Kentucky, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, Utah and Virginia. It has continued national expansion plans
With a mission of Bringing Happiness to Every Home®, the company makes home improvement convenient and hassle-free. With its iPad design app, homeowners can customize their bath, shower or window project from dozens of product and hardware combinations. Most of its home remodeling projects are completed in just one day.
About West Shore Home®
West Shore Home®, headquartered in Mechanicsburg, PA., is a leading technology-enabled home remodeling services provider with an expanding national footprint. Founded in 2006, West Shore Home's national brand promise is Bringing Happiness to Every Home® by delivering a fast, easy and convenient home remodeling experience. From the first phone call to the final installation, customers have a streamlined experience and associate the West Shore Home brand with consistent high quality, transparency, and trust. For additional information visit westshorehome.com.
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SOURCE West Shore Home | https://www.mysuncoast.com/prnewswire/2022/07/20/west-shore-home-acquires-software-designer-developer-design-center-inc/ | 2022-07-20T18:27:29Z |
NEW YORK, May 30, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Spero Therapeutics, Inc. ("Spero" or the "Company") (NASDAQ: SPRO) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 22-cv-03125, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Spero securities between October 28, 2021 and May 2, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Spero securities during the Class Period, you have until July 25, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Spero, a clinical-stage biopharmaceutical company, focuses on identifying, developing, and commercializing treatments for multi-drug resistant bacterial infections and rare diseases in the United States. The Company's product candidates include Tebipenem Pivoxil Hydrobromide (HBr), an oral carbapenem-class antibiotic to treat complicated urinary tract infections, including pyelonephritis for adults.
On October 28, 2021, Spero announced that it had submitted a New Drug Application ("NDA") to the U.S. Food and Drug Administration ("FDA") for Tebipenem HBr for the Treatment of Complicated Urinary Tract Infections including Pyelonephritis (the "Tebipenem HBr NDA").
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the data submitted in support of the Tebipenem HBr NDA were insufficient to obtain FDA approval; (ii) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (iii) the foregoing would necessitate a significant workforce reduction and restructuring of Spero's operations; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On March 31, 2022, Spero issued a press release announcing the Company's fourth quarter and full year 2021 financial results. In the press release, Spero disclosed that "[t]he U.S. Food and Drug Administration (FDA) has notified Spero that, as part of its ongoing review of Spero's New Drug Application (NDA) for tebipenem HBr, it has identified deficiencies that preclude discussion of labeling and post-marketing requirements/commitments at this time."
On this news, Spero's stock price fell $1.59 per share, or 18.27%, to close at $7.11 per share on April 1, 2022.
Then on May 3, 2022, Spero issued a press release announcing "that it will immediately defer current commercialization activities for tebipenem HBr based on feedback from a recent Late Cycle Meeting with the U.S. Food and Drug Administration (FDA) regarding Spero's New Drug Application (NDA) for tebipenem HBr[,]" and that, "[a]lthough the review is still ongoing and the FDA has not yet made any final determination regarding approvability, the discussion suggested that the data package may be insufficient to support approval during this review cycle." Specifically, the FDA advised the Company, in relevant part, that the FDA's separate analysis of the relevant study population had "reduce[d] the number of evaluable patients in the primary analysis population compared with those resulting from the trial's pre-specified micro-ITT population as outlined in the statistical analysis plan and [a]s a result, the FDA considers that the pre-specified non-inferiority margin of -12.5% was not met." Further, the press release advised that, "[i]n connection with this development, Spero announced that it is undertaking a reduction in its workforce by approximately 75% and a restructuring of its operations to reduce operating costs and reallocate resources."
On this news, Spero's stock price fell $3.24 per share, or 63.65%, to close at $1.85 per share on May 3, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/05/30/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-spero-therapeutics-inc-class-action-lawsuit-upcoming-deadline-spro/ | 2022-05-30T22:22:07Z |
JOHANNESBURG (AP) — U.S. Secretary of State Antony Blinken began his three-nation tour of Africa Sunday by visiting a museum in South Africa commemorating how the country’s Black youths helped to end white racist rule.
Blinken’s visit to Africa is seen as part of a competition between Russia and Western powers for support from African countries over the war in Ukraine. His trip to Africa follows recent tours by Russian Foreign Minister Sergey Lavrov and French President Emmanuel Macron.
South Africa is one of many African countries that have maintained a neutral stance on the war and have not publicly criticized Russia.
After an early morning arrival, Blinken visited the Hector Pieterson memorial in Soweto township, on the outskirts of Johannesburg, which honors a student killed in 1976 when protesting South Africa’s regime of racial oppression, apartheid, which ended in 1994.
Blinken laid a wreath at the memorial accompanied by Pieterson’s sister, Antoinette Sithole. He also toured the museum, which contains artifacts, photographs and videos of South Africa’s struggle against apartheid.
“Hector’s story is one that really resonates because we have our own struggle for freedom and equality in the United States and South Africa’s story is unique but there are also so many common elements, and that resonates powerfully,” said Blinken.
Sithole, who also participated in the 1976 student protests, said the museum is a highlights the role played by South Africa’s youth in bringing an end to white minority rule in the country.
“The museum is a reminder for generations to come. We must know where we come from and where we are going, and don’t forget that the youth took a stand for us to be better today,” said Sithole.
On Monday, Blinken will describe the United States’ strategies for sub-Saharan Africa in a major policy speech at the University of Pretoria. Africa has been hard-hit by the effect of the global COVID-19 pandemic and the rising food and oil prices caused by Russia’s war in Ukraine.
Blinken and Pandor will also hold a press conference Monday in which the two countries’ different positions on the Ukraine war are expected to be visible.
Blinken will go on to visit Congo and Rwanda this week to end his international tour which also took him to Cambodia and the Philippines. | https://cw33.com/news/international/ap-international/us-secretary-of-state-blinken-in-south-africa-on-africa-tour/ | 2022-08-07T19:03:05Z |
NEW YORK, May 4, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Volta Inc..
Shareholders who purchased shares of VLTA 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: August 2, 2021 to March 28, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially 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 of Volta Industries, Inc. ("Legacy Volta") and Tortoise Acquisition Corp. II; (2) as a result, the Company had understated its net loss for third quarter 2021; (3) there were material weaknesses in the Company's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, the Company would restate its financial statements; (5) as a result of the foregoing, Legacy Volta's founders would imminently exit the Company; (6) as a result, the Company's financial results would be adversely impacted; and (7) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/volta-inc-loss-submission-form/?id=26670&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of VLTA 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.wibw.com/prnewswire/2022/05/04/shareholder-alert-gross-law-firm-notifies-shareholders-volta-inc-class-action-lawsuit-lead-plaintiff-deadline-may-31-2022-nyse-vlta/ | 2022-05-04T10:48:01Z |
CHICAGO, June 9, 2022 /PRNewswire/ --
The following table sets forth the estimated amounts of the current distribution, payable June 10, 2022 to shareholders of record May 31, 2022, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2021 to October 31, 2022. All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations.
The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.
The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
* Simple arithmetic average of each of the past five annual returns.
DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified investment management company. The Fund's primary investment objectives are current income and long-term growth of income. The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry. For more information, visit the Fund's website at www.dpimc.com/dnp or call the Fund at (800) 864-0629.
Source: DNP Select Income Fund Inc.
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SOURCE DNP Select Income Fund Inc. | https://www.kxii.com/prnewswire/2022/06/09/dnp-select-income-fund-inc-section-19a-notice/ | 2022-06-09T21:36:06Z |
ATLANTA, April 1, 2022 /PRNewswire/ -- The Board of Trustees of each of the Invesco closed-end funds listed below today declared the following dividends.
Form 1099-DIV for the calendar year will report distributions for federal income tax purposes. The Fund's annual report to shareholders will include information regarding the tax character of Fund distributions for the fiscal year.
1 A portion of this distribution is estimated to be from a return of principal rather than net income. The Section 19 notice referenced below provides more information and can be found on the Invesco website at www.invesco.com.
The final determination of the source and tax characteristics of all distributions in 2022 will be made after the end of the year.
In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, each Fund will provide its shareholders of record on the record date with a Section 19 Notice disclosing the sources of its dividend payment when a distribution includes anything other than net investment income. The Section 19 Notice is not provided for tax reporting purposes but for informational purposes only. If applicable, this Section 19 Notice information can be found on the Funds' website at www.invesco.com
The amount of dividends paid by each fund may vary from time to time. Past amounts of dividends are no guarantee of future dividend payment amounts.
Investing involves risk and it is possible to lose money on any investment in the funds.
For additional information, shareholders of the closed end fund may call Invesco at 800-983-0903.
About Invesco Ltd.
Invesco Ltd. is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $1.6 trillion in assets on behalf of clients worldwide as of December 31, 2021. For more information, visit Invesco.com.
Invesco Distributors, Inc. is the US distributor for Invesco Ltd. It is an indirect, wholly owned subsidiary of Invesco Ltd.
Note: There is no assurance that a closed-end fund will achieve its investment objective. Shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.
NOT A DEPOSIT l NOT FDIC INSURED l NOT GUARANTEED BY THE BANK | MAY LOSE VALUE | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
—Invesco—
CONTACT: Jeaneen Terrio 212-278-9205 Jeaneen.Terrio@invesco.com
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SOURCE Invesco Ltd. | https://www.mysuncoast.com/prnewswire/2022/04/01/invesco-closed-end-funds-declare-dividends/ | 2022-04-01T18:16:08Z |
Help wanted: Job openings continue to outnumber workers
Published: Jul. 7, 2022 at 2:44 PM EDT|Updated: 1 hour ago
(CNN) - The job market doesn’t appear to be cooling off as we continue through the summer.
The U.S. Labor Department reports employers had about 11.4 million job openings in April.
When the numbers are broken down, it shows there were close to two vacancies for every person that applied for work in April.
The findings were published in the labor department’s Job Openings and Labor Turnover Survey.
Additionally, the survey shared that the services sector had the largest employment gaps, with the leisure and hospitality industry experiencing an 8.9% vacancy rate.
The overall U.S. economy remains more than a million available jobs below its peak in February 2020.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/07/help-wanted-job-openings-continue-outnumber-workers/ | 2022-07-07T20:05:43Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Attention Pegasystems Inc. ("PEGA") (NASDAQ: PEGA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all persons and entities that purchased PEGA common stock between May 29, 2020 and May 9, 2022, inclusive.
If you suffered a loss on your investment in PEGA, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/pegasystems-inc-loss-submission-form?prid=28386&wire=4
ABOUT THE ACTION: The class action against PEGA includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian, a principal competitor; (2) defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO; (4) the Company's CEO and other officers and employees did not comply with the Company's written Code of Conduct, including its express prohibition on "stealing" confidential information from a competitor and "misrepresenting your identity in hopes of obtaining confidential information"; (5) the Company was "unable to reasonably estimate damages" in the lawsuit filed by Appian as a result of the foregoing misconduct (the "Appian Litigation"); and (6) as a result of the foregoing, defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
Aggrieved PEGA investors only have until July 18, 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.wibw.com/prnewswire/2022/06/13/class-action-alert-law-offices-vincent-wong-remind-pega-investors-lead-plaintiff-deadline-july-18-2022/ | 2022-06-13T11:14:12Z |
JUNO BEACH, Fla., June 14, 2022 /PRNewswire/ -- As previously announced, NextEra Energy, Inc. (NYSE: NEE) will host an investor conference from 8:30 a.m. to 12:30 p.m. ET today, June 14, in New York City. The members of the senior management team plan to discuss, among other things, that NextEra Energy is increasing its adjusted earnings per share expectations for 2022, 2023, 2024 and 2025, subject to the usual caveats. NextEra Energy now expects adjusted earnings per share for 2022, 2023, 2024 and 2025 to be in the range of $2.80 to $2.90, $2.98 to $3.13, $3.23 to $3.43 and $3.45 to $3.70, respectively.
Beginning at 8 a.m. ET today, investors and other interested parties will be able to access the presentation materials at www.NextEraEnergy.com/investors. A live audio webcast will be available on the previously named site beginning at 8:30 a.m. ET. For those unable to listen to the live webcast, a replay will be available for 30 days by accessing the same links as listed above.
The adjusted earnings expectations exclude the cumulative effect of adopting new accounting standards; the effects of non-qualifying hedges and unrealized gains and losses on equity securities held in NextEra Energy Resources, LLC's nuclear decommissioning funds and other than temporary impairments, none of which can be determined at this time. Adjusted earnings expectations also exclude the effects of NextEra Energy Partners, LP net investment gains, differential membership interests-related and an impairment charge and ongoing costs related to NEE's investment in Mountain Valley Pipeline, LLC. In addition, adjusted earnings expectations assume, among other things, normal weather and operating conditions; positive macroeconomic conditions in the U.S. and Florida; supportive commodity markets; current forward curves; public policy support for wind and solar development and construction; market demand and transmission expansion to support wind and solar development; market demand for pipeline capacity; access to capital at reasonable cost and terms; divestitures to NextEra Energy Partners, LP; no acquisitions; no adverse litigation decisions; and no changes to governmental policies or incentives. Please see the accompanying cautionary statements for a list of the risk factors that may affect future results. Expected adjusted earnings amounts cannot be reconciled to expected net income because net income includes the effect of certain items which cannot be determined at this time. NextEra Energy's management uses adjusted earnings, which is a non-GAAP financial measure, internally for financial planning, analysis of performance, reporting of results to the board of directors and as an input in determining performance-based compensation under the company's employee incentive compensation plans. NextEra Energy also uses earnings expressed in this fashion when communicating its financial results and earnings outlook to analysts and investors.
NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns Florida Power & Light Company, which is the largest vertically integrated rate-regulated electric utility in the United States as measured by retail electricity produced and sold, and serves more than 5.7 million customer accounts, supporting more than 12 million residents across Florida with clean, reliable and affordable electricity. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry on Fortune's 2022 list of "World's Most Admired Companies," recognized on Fortune's 2021 list of companies that "Change the World" and received the S&P Global Platts 2020 Energy Transition Award for leadership in environmental, social and governance. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.
Cautionary Statements and Risk Factors That May Affect Future Results
This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but instead represent the current expectations of NextEra Energy, Inc. (together with its subsidiaries, NextEra Energy) regarding future operating results and other future events, many of which, by their nature, are inherently uncertain and outside of NextEra Energy's control. Forward-looking statements in this release include, among others, statements concerning adjusted earnings per share expectations and future operating performance. In some cases, you can identify the forward-looking statements by words or phrases such as "will," "may result," "expect," "anticipate," "believe," "intend," "plan," "seek," "potential," "projection," "forecast," "predict," "goals," "target," "outlook," "should," "would" or similar words or expressions. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance. The future results of NextEra Energy and its business and financial condition are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, or may require it to limit or eliminate certain operations. These risks and uncertainties include, but are not limited to, those discussed in this news release and the following: effects of extensive regulation of NextEra Energy's business operations; inability of NextEra Energy to recover in a timely manner any significant amount of costs, a return on certain assets or a reasonable return on invested capital through base rates, cost recovery clauses, other regulatory mechanisms or otherwise; impact of political, regulatory, operational and economic factors on regulatory decisions important to NextEra Energy; disallowance of cost recovery based on a finding of imprudent use of derivative instruments; effect of any reductions or modifications to, or elimination of, governmental incentives or policies that support utility scale renewable energy projects or the imposition of additional tax laws, tariffs, duties, policies or assessments on renewable energy or equipment necessary to generate it or deliver it; impact of new or revised laws, regulations, interpretations or constitutional ballot and regulatory initiatives on NextEra Energy; capital expenditures, increased operating costs and various liabilities attributable to environmental laws, regulations and other standards applicable to NextEra Energy; effects on NextEra Energy of federal or state laws or regulations mandating new or additional limits on the production of greenhouse gas emissions; exposure of NextEra Energy to significant and increasing compliance costs and substantial monetary penalties and other sanctions as a result of extensive federal regulation of its operations and businesses; effect on NextEra Energy of changes in tax laws, guidance or policies as well as in judgments and estimates used to determine tax-related asset and liability amounts; impact on NextEra Energy of adverse results of litigation; effect on NextEra Energy of failure to proceed with projects under development or inability to complete the construction of (or capital improvements to) electric generation, transmission and distribution facilities, gas infrastructure facilities or other facilities on schedule or within budget; impact on development and operating activities of NextEra Energy resulting from risks related to project siting, planning, financing, construction, permitting, governmental approvals and the negotiation of project development agreements, as well as supply chain disruptions; risks involved in the operation and maintenance of electric generation, transmission and distribution facilities, gas infrastructure facilities, retail gas distribution system in Florida and other facilities; effect on NextEra Energy of a lack of growth or slower growth in the number of customers or in customer usage; impact on NextEra Energy of severe weather and other weather conditions; threats of terrorism and catastrophic events that could result from terrorism, cyberattacks or other attempts to disrupt NextEra Energy's business or the businesses of third parties; inability to obtain adequate insurance coverage for protection of NextEra Energy against significant losses and risk that insurance coverage does not provide protection against all significant losses; a prolonged period of low gas and oil prices could impact NextEra Energy's gas infrastructure business and cause NextEra Energy to delay or cancel certain gas infrastructure projects and could result in certain projects becoming impaired; risk of increased operating costs resulting from unfavorable supply costs necessary to provide full energy and capacity requirement services; inability or failure to manage properly or hedge effectively the commodity risk within its portfolio; effect of reductions in the liquidity of energy markets on NextEra Energy's ability to manage operational risks; effectiveness of NextEra Energy's risk management tools associated with its hedging and trading procedures to protect against significant losses, including the effect of unforeseen price variances from historical behavior; impact of unavailability or disruption of power transmission or commodity transportation facilities on sale and delivery of power or natural gas; exposure of NextEra Energy to credit and performance risk from customers, hedging counterparties and vendors; failure of counterparties to perform under derivative contracts or of requirement for NextEra Energy to post margin cash collateral under derivative contracts; failure or breach of NextEra Energy's information technology systems; risks to NextEra Energy's retail businesses from compromise of sensitive customer data; losses from volatility in the market values of derivative instruments and limited liquidity in over-the-counter markets; impact of negative publicity; inability to maintain, negotiate or renegotiate acceptable franchise agreements; occurrence of work strikes or stoppages and increasing personnel costs; NextEra Energy's ability to successfully identify, complete and integrate acquisitions, including the effect of increased competition for acquisitions; environmental, health and financial risks associated with ownership and operation of nuclear generation facilities; liability of NextEra Energy for significant retrospective assessments and/or retrospective insurance premiums in the event of an incident at certain nuclear generation facilities; increased operating and capital expenditures and/or reduced revenues at nuclear generation facilities resulting from orders or new regulations of the Nuclear Regulatory Commission; inability to operate any of NextEra Energy's owned nuclear generation units through the end of their respective operating licenses; effect of disruptions, uncertainty or volatility in the credit and capital markets or actions by third parties in connection with project-specific or other financing arrangements on NextEra Energy's ability to fund its liquidity and capital needs and meet its growth objectives; inability to maintain current credit ratings; impairment of liquidity from inability of credit providers to fund their credit commitments or to maintain their current credit ratings; poor market performance and other economic factors that could affect NextEra Energy's defined benefit pension plan's funded status; poor market performance and other risks to the asset values of nuclear decommissioning funds; changes in market value and other risks to certain of NextEra Energy's investments; effect of inability of NextEra Energy subsidiaries to pay upstream dividends or repay funds to NextEra Energy or of NextEra Energy's performance under guarantees of subsidiary obligations on NextEra Energy's ability to meet its financial obligations and to pay dividends on its common stock; the fact that the amount and timing of dividends payable on NextEra Energy's common stock, as well as the dividend policy approved by NextEra Energy's board of directors from time to time, and changes to that policy, are within the sole discretion of NextEra Energy's board of directors and, if declared and paid, dividends may be in amounts that are less than might be expected by shareholders; NextEra Energy Partners, LP's inability to access sources of capital on commercially reasonable terms could have an effect on its ability to consummate future acquisitions and on the value of NextEra Energy's limited partner interest in NextEra Energy Operating Partners, LP; effects of disruptions, uncertainty or volatility in the credit and capital markets on the market price of NextEra Energy's common stock; and the ultimate severity and duration of public health crises, epidemics and pandemics, and its effects on NextEra Energy's business. NextEra Energy discusses these and other risks and uncertainties in its annual report on Form 10-K for the year ended December 31, 2021 and other Securities and Exchange Commission (SEC) filings, and this news release should be read in conjunction with such SEC filings. The forward-looking statements made in this news release are made only as of the date of this news release and NextEra Energy undertakes no obligation to update any forward-looking statements.
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SOURCE NextEra Energy, Inc. | https://www.kxii.com/prnewswire/2022/06/14/nextera-energy-announces-increased-adjusted-earnings-per-share-expectations-2022-2025-during-investor-conference/ | 2022-06-14T12:53:31Z |
North Port Police seeing rise in rental scams
Published: May. 26, 2022 at 2:29 PM EDT|Updated: 55 minutes ago
SARASOTA, Fla. (WWSB) - North Port Police are warning citizens of a series of scams in the area involving phony real estate listings, officials said.
Police explain the scam in a YouTube video like this: Scammers copy photos and descriptions of legitimate rental property listings and post them on sites such as Craigslist or Facebook Marketplace, often at a lower price.
Potential buyers send deposits to the scammers, who then disappear.
Police spokesman Josh Taylor says they have discovered 15 such incidents in the area in the past year.
Anyone who feels they have been the victim of such a scam is urged to call North Port Police at 941-429-7300.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/26/north-port-police-seeing-rise-rental-scams/ | 2022-05-26T19:26:32Z |
Services for Patsy Jean Dunn, 73, of Leander are pending with Young’s Daughters Funeral Home & Bereavement Center in Temple.
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NEW YORK and LOS ANGELES, July 20, 2022 /PRNewswire/ -- Demonstrating its commitment to an inclusive work environment, Fox Corporation (Nasdaq: FOXA, FOX) ("FOX") today announced it has been recognized as a top-scoring company by the Disability Equality Index (DEI). FOX is among the Fortune 1000 companies to receive the "Best Places to Work for Disability Inclusion" achievement, which was created by the DEI Advisory Committee, a diverse group of business leaders, policy experts and disability advocates.
"We're honored to receive the distinction of 'Best Places to Work for Disability Inclusion' for the third year in a row," said Fox Corporation Executive Vice President of Human Resources Kevin Lord. "Fostering a diverse and inclusive environment is a top priority for FOX, and we're committed to continuing to expand opportunities to employees with disabilities, whose contributions have an incredible impact across all our FOX businesses."
As part of FOX's commitment to maintaining a workplace that treats all employees with dignity and respect, the Company also established ABLE, an employee resource group for FOX colleagues with disabilities. ABLE promotes and advances an inclusive environment through advocacy and allyship.
In addition to this recognition, Fox Corporation has been acknowledged by many organizations for its pledge to diversity and inclusion. Since becoming a standalone entity in 2019, the Company has been appointed to the Top Military Friendly® Employer list and was also recognized by DiversityComm as a Top Employer. Additionally, Black EOE Journal, HISPANIC Network Magazine, Professional WOMAN's Magazine and U.S. Veterans Magazine all listed Fox Corporation as a top employer.
The DEI is a national, transparent benchmarking tool that offers businesses an opportunity to self-report their disability inclusion policies and practices. Now in its eighth year, the DEI exists to help businesses make a positive impact on the unemployment/underemployment of people with disabilities. It was launched by two national leaders, American Association of People with Disabilities (AAPD) and Disability:IN.
Fox Corporation produces and distributes compelling news, sports, and entertainment content through its primary iconic domestic brands, including FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations, and leading AVOD service Tubi. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develop deeper consumer relationships, and create more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that shapes our strategy to capitalize on existing strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com.
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SOURCE Fox Corporation | https://www.wibw.com/prnewswire/2022/07/20/fox-corporation-recognized-best-places-work-disability-inclusion-by-disability-equality-index-third-consecutive-year/ | 2022-07-20T12:33:13Z |
NEW YORK, July 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Missfresh Limited (NASDAQ: MF) resulting from allegations that Missfresh may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Missfresh securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7370 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.
WHAT IS THIS ABOUT: On April 29, 2022, Missfresh announced that it could not timely file its fiscal 2021 annual report because it was conducting "an internal review of certain matters, including those relating to transactions between the Company and certain third-party enterprises."
On this news, Missfresh's stock fell $0.19, or 27%, to close at $0.52 or April 29, 2022, damaging investors.
Then, on July 1, 2022, Missfresh announced that, based on substantial completion of the internal review, certain revenue reported during fiscal 2021 "may have been inaccurately recorded." Specifically, the review identified "questionable transactions" carried out by the Next-Day Delivery Business Unit in 2021, including "undisclosed relationships between suppliers and customers, different customers or suppliers sharing the same contact information, and/or lack of supporting logistics information."
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 litigate securities class actions. 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.
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
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/07/09/nationally-ranked-rosen-law-firm-encourages-missfresh-limited-investors-inquire-about-securities-class-action-investigation-mf/ | 2022-07-10T10:45:46Z |
FLAGSTAFF, Ariz. (AP) — Natalia Sells has a list of qualities she wants to see in the next Navajo Nation president: Approachable. Adaptable. Inspiring. Someone who upholds traditional values but also is progressive.
She’ll join thousands of other tribal members on Tuesday in casting their vote for one of 15 presidential hopefuls in the nonpartisan race. The field includes incumbent Jonathan Nez, former Navajo Vice President Frank Dayish Jr., former tribal Attorney General Ethel Branch, attorney Justin Jones, and Buu Van Nygren, the vice presidential candidate from 2018.
“I’m trying to go into this with an open mind,” said Sells. “It’s a very hot topic in my family. Everyone is voting differently. I think it’s going to be an interesting election season.”
The Navajo Nation is largest Native American reservation in the U.S., spanning 27,000 square miles (69,930 square kilometers) of high desert, forests, wind-swept mesas and mountains bordering New Mexico, Arizona and Utah. Its population of 406,000 is second to only the Cherokee Nation of Oklahoma, which has 420,000 enrolled members.
The top two vote-getters in the Navajo primary will move on to the November general election. More than 122,000 Navajos are registered to vote, and the tribe generally sees around a 50% turnout for the primaries. Polls are open Tuesday from 6 a.m. to 7 p.m. Mountain time.
Nez’s term has been dominated by response to the coronavirus pandemic in which he enacted some of the strictest measures in the U.S. to help slow the virus. The tribe at one point had one of the highest infection rates in the country. A mask mandate on the reservation remains in place.
Nez recently approved legislation to spend more than $1 billion in federal pandemic relief funding to improve water, sanitation, housing and communications infrastructure where many residents live without basic necessities. It came after months of wrangling between the tribe’s executive and legislative branches about what should be prioritized.
“Continuity is very important, I’m sure to our Navajo people, because the learning curve is going to be high,” Nez told The Associated Press. “We offer in our administration, that continuity, no on-the-job training. We are just going to continue to move forward and implement these projects.”
Sells, a law student at Arizona State University, said she’s struggling with experience over change. Whoever wins, she wants to be assured they will find ways to bring the younger generation back to the reservation.
“They want people to come home, but the pay doesn’t always match the skillset,” said Sells, who votes in Teec Nos Pos. “And on top of that, there’s no housing, really.”
Branch is among six candidates hoping to become the first woman to become Navajo Nation president. Only one woman, Lynda Lovejoy, has made it past the tribe’s primary even as some Navajos warned that a woman as president portends an ominous future for the tribe. That notion isn’t as prevalent now, at least not publicly.
Branch has been critical of what she says was the Navajo Nation’s slow response to the pandemic under Nez’s administration. She co-founded a relief fund, raising millions of dollars to provide food, water and other supplies to Navajo and Hopi families.
“There’s a lot of resources that get to Window Rock, there’s a lot of money that gets to Window Rock and it doesn’t make it to the people,” she said at a recent rally in Kayenta.
The other women in the race are: educator Dolly Mason; scholar Leslie Tsosie; Chinle Chapter President Rosanna Jumbo-Fitch; Frankie Davis, who has advocated for extracting natural resources; former New Mexico state legislator Sandra Jeff, and Emily Ellison, who says she will push the federal government to give the Navajo Nation title to its land if elected.
All the candidates speak Navajo but to varying degrees.
Nygren sees himself as a young, energetic diplomat set on running the government more efficiently and partnering with tribal lawmakers on initiatives. He said the Navajo Nation’s internal regulations have stalled economic development, and the tribe hasn’t honed in on tourism as a major revenue source.
“If you come in very hard-headed and ‘my way or the highway,’ the Navajo Nation Council will put you in check just as quick as you can in,” said Nygren who has a background in construction management.
Jones said he already knows what the problems are with the tribal government as an attorney who has sued over elections, the Navajo preference in employment law and other things. He’s staking his platform on supporting small business like vendors at flea markets, janitorial services, waste management companies and contractors.
“Once the Navajo-owned businesses get on their feet, they’re going to start hiring Navajo people,” he said. “That means the Navajo dollar is going to stay around.”
Dayish is one of the only veteran politicians in the group and has work experience in the housing, mining, aeronautical, and health care industries. He ran for president in 2006 but came in third behind Lovejoy. He has set a goal to boost the number of homes with electricity and running water, high school and college graduates and the tribal budget by 5 percentage points.
“At least we have a target,” he said. “Obviously we want to go 100%, but based on all of the regulations, all the funding limitations, that’s what we would be confronted with.”
The other candidates are: Greg Bigman, chairman of the Diné College Board of Regents; Ts’ah Bii Kin Chapter manager Earl Sombrero; and Dineh Benally and Kevin Cody, both of whom sought the tribal presidency in 2018. | https://cw33.com/news/politics/ap-politics/navajos-narrow-list-of-15-presidential-hopefuls-in-primary/ | 2022-07-29T17:46:20Z |
Biden signs bill to protect Supreme Court justices into law
WASHINGTON (AP) — President Joe Biden signed a bill Thursday that will give around-the-clock security protection to the families of Supreme Court justices.
The new law, which passed the House this week and the Senate last month, comes eight days after a man carrying a gun, knife and zip ties was arrested near Justice Brett Kavanaugh’s house after threatening to kill the justice.
The bill calling for the expansion of security protections was approved unanimously by the Senate and passed shortly after the leak of a draft court opinion that would overrule Roe v. Wade and sharply curtail abortion rights in roughly half the states.
Supporters of the legislation said threats to the justices have increased since then, with protesters sometimes gathering outside their homes. Justices were provided 24-hour protection by the U.S. Marshals. The new law expands that protection to their families.
The bill was initially delayed in the House as Democrats sought to broaden the measure to include protection for families of court employees. Republicans ramped up pressure to pass the proposal after the arrest of Nicholas John Roske, 26, of Simi Valley, California, at Kavanaugh’s house. Roske was indicted by a federal grand jury Wednesday, charged with a single count of attempting to murder a Justice of the United States. Prosecutors say he traveled from California to the justice’s home in Chevy Chase, Maryland, with the intent of killing Kavanaugh.
The House passed the bill Tuesday, 396-27. Democrats said they would pursue the protections for families of court employees separately.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/17/biden-signs-bill-protect-supreme-court-justices-into-law/ | 2022-06-17T02:31:06Z |
Update to deadly stabbing in Venice, FL
SARASOTA, Fla. (WWSB) - A deadly stabbing left two dead in the city of Venice. Deputies of the Sarasota County Sheriff’s Office (SCSO) were notified of the incident at about 5:00 p.m. on August 26th.
According to a report from the SCSO, the first deputy arrived on the scene in the 800 block of E. Seminole Drive and was approached by a suspect armed with a knife. The suspect, bleeding profusely from his torso, continued to approach the deputy despite verbal commands instructing him to drop the knife.
The report continues to state that the deputy utilized non-lethal force to bring the suspect to the floor after he threw the knife at the deputy and charged him. Once the suspect complied, deputies entered the residence to find both a female and an animal suffering from multiple severe stab wounds.
Paramedics arrived and attempted lifesaving efforts on the suspect and the stabbing victim, but both have since been pronounced deceased. The animal is currently in critical condition.
The suspect was identified as 49-year-old Eduardo Lopez Garcia. Garcia was previously arrested on August 24 for Domestic battery and released the next day on bond. The female victim has been identified as well, but her family has chosen not to release her identity citing Marcy’s Law.
Detectives believe that the deaths are the result of a murder-suicide according to the report.
Official causes of death will be determined and released by the Medical Examiners’ office.
The investigation is ongoing, more information to follow.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/27/update-deadly-stabbing-venice-florida/ | 2022-08-27T20:53:34Z |
Louisiana mother considered restraining order against man accused of killing her execution-style
NEW ORLEANS (WVUE/Gray News) - A desk at the First City Court in New Orleans sat empty Tuesday after Casandra Jones was murdered by a man she reportedly considered filing a restraining order against.
The First City Clerk of Court, Austin Badon, says Jones was leaving her house, headed for work and that’s when suspect BJ Brown shot her just before 9:30 a.m.
Cell phone video of her horrific execution-style killing was widely shared on social media.
In the harrowing video, a man believed to be Brown walks over to Jones after she’s shot and nearly dead in the apartment parking lot and fires two more rounds into her body.
“Walked down the street with a gun, a long gun, without any fear of repercussions and shoots someone for whatever reason in broad daylight,” Badon said. “Seemingly, this individual walked away and came back and finished her off.”
After the shooting, Brown fled to Tennessee where he reportedly shot a cop during a traffic stop and escaped into the woods. The New Orleans Police Department obtained an arrest warrant for Brown for second-degree murder.
Badon says Jones had domestic issues with Brown and even considered filing a temporary restraining order against him.
We spoke about it, and I told her she had my full support, and I encouraged her to go through with it, but I believe she decided not to,” he said.
Actor and mentor Ameer Baraka says the video shows Brown hunting down his victim.
“This generation has no fear... they have no fear,” Baraka said. “Animals don’t do this. This is barbaric. This is inhuman behavior. It is pure evil to do something like that.”
Badon, like others, is upset that the brutal killing was circulated on social media.
“What did we come to as a society when we put that stuff out there on social media?” he asked. “It’s just heartbreaking that instead of rendering aid and help, people decided to pull out their phones and put that stuff out there.”
Jones leaves behind two children. She’s described as being a hard worker, only trying to provide for her family.
“Her future has now been cut short,” Badon said. “Now she’s a statistic for gun violence and domestic violence.”
A search is underway in the small city of Erin, Tennessee, about 65 miles west of Nashville.
Brown is considered armed and dangerous. If you know anything about his whereabouts, you’re asked to call the police.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/29/louisiana-mother-considered-restraining-order-against-man-accused-killing-her-execution-style/ | 2022-06-29T01:20:10Z |
HACKENSACK, N.J., June 10, 2022 /PRNewswire/ -- We have exciting news to report on the scientific front – Diamond Braces' very own Dr. Anil Ardeshna received a research grant from Align Technology! Dr. Ardeshna currently serves as Diamond Braces' Chief Scientific Officer and will serve as the Primary Investigator for his study, "A clinical study on biofilm development and progression on Invisalign tray and Vivera retainer materials." Dr. Ardeshna's study was only one of three US-based studies to be funded.
The funded research studies cover a wide range of topics for projects seeking to better understand orthodontic and dental treatments, including, but not limited to: distalization, stability in retention, pre-surgical treatment of cleft palate, maintenance of space in mixed dentition with aligners, consideration of periodontal conditions in treatment, and the demand for education regarding treatment with aligners.
"As evidenced by the number of first-time applicants, more and more universities are engaging in advanced research to further the capabilities of digital and clear aligner treatment in all types of malocclusion and segments of the population. Align Technology is honored to be able to continue providing funding that enables universities around the globe to better understand the science involved in the field of dentistry and orthodontic treatment," said Dr. Mitra Derakhshan, Align senior vice president, global clinical in a statement.
"Dr. Ardeshna brings a high level of experience, value, and credibility to our company," said Dr. Oleg Drut, Chief Dental Officer of Diamond Braces. "I am thrilled for Dr. Ardeshna and look forward to reading his findings once the study is complete."
The study will be conducted at Rutgers University, where Dr. Ardeshna also serves as an associate professor and Postgraduate program director in the Department of Orthodontics.
Diamond Braces, a Diamond Plus Invisalign Provider, is a leader in high-quality orthodontic care on the East Coast. For over 20 years, Diamond Braces has been guided by its principles of affordability, accessibility, and amazing service. For more information, visit www.diamondbraces.com
Contact: Jeff Kotuby, jeffk@diamondbraces.com
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SOURCE Diamond Braces | https://www.wibw.com/prnewswire/2022/06/10/diamond-braces-chief-scientific-officer-dr-anil-ardeshna-receives-grant-align-technology-conduct-invisalign-study/ | 2022-06-10T18:49:03Z |
- Nuvaxovid™ is the first protein-based COVID-19 vaccine authorized for use in Switzerland
GAITHERSBURG, Md., April 13, 2022 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, today announced that Swissmedic, the Swiss Agency for Therapeutic Products, has granted Novavax conditional marketing authorization (CMA) for Nuvaxovid™ COVID-19 Vaccine (recombinant, adjuvanted) for active immunization to prevent COVID-19 caused by SARS-CoV-2 in individuals 18 years of age and older. The vaccine, also known as NVX-CoV2373, is the first protein-based vaccine to be authorized for use in Switzerland.
"We are proud that Switzerland is part of the growing list of countries to authorize Nuvaxovid and that people in Switzerland will have a protein-based COVID-19 vaccine option," said Stanley C. Erck, President and Chief Executive Officer, Novavax. "As we continue to fight COVID-19, we think it is incredibly important that people have a choice in vaccine options. Nuvaxovid offers something different from the current portfolio of vaccines by using a more tried and tested technology platform, while still providing a strong efficacy and safety profile."
The Swissmedic decision was based on the totality of preclinical, manufacturing and clinical trial data submitted for review. This includes two pivotal Phase 3 clinical trials: PREVENT-19, which enrolled approximately 30,000 participants aged 18 years and older in the U.S. and Mexico and was published in the New England Journal of Medicine (NEJM); and a trial with almost 15,000 adult participants in the U.K. which was also published in NEJM. In both trials, the vaccine demonstrated efficacy and a reassuring safety and tolerability profile. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups. The most common adverse reactions observed during clinical studies (frequency category of very common ≥1/10) were headache, nausea or vomiting, myalgia, arthralgia, injection site tenderness/pain, fatigue, and malaise. Novavax will continue to collect and analyze real-world data, including the monitoring of safety and the evaluation of variants, as the vaccine is distributed.
Novavax previously announced an agreement with the government of Switzerland for up to six million doses of Novavax' COVID-19 vaccine. For more information on Nuvaxovid, including the Summary of Product Characteristics with Package Leaflet, Prescribing Information and Important Safety Information, adverse event reporting instructions, or to request additional information, please visit the following websites:
The brand name Nuvaxovid™ has not yet been authorized for use in the U.S. by the FDA.
Authorization of Nuvaxovid™ in Switzerland
Swissmedic has granted authorisation under Art. 13TPA for Nuvaxovid™ COVID-19 Vaccine (recombinant, adjuvanted) for active immunization to prevent COVID-19 caused by SARS-CoV-2 in individuals 18 years of age and older.
Important Safety Information
- Nuvaxovid is contraindicated in persons who have a hypersensitivity to the active substance, or to any of the excipients.
- Events of anaphylaxis have been reported with administration of COVID-19 vaccines. Appropriate medical treatment and supervision should be available in case of an anaphylactic reaction following the administration of the vaccine. Close observation for at least 15 minutes is recommended and a second dose of the vaccine should not be given to those who have experienced anaphylaxis to the first dose of Nuvaxovid.
- Anxiety-related reactions, including vasovagal reactions (syncope), hyperventilation, or stress‐related reactions may occur in association with vaccination as a psychogenic response to the needle injection. It is important that precautions are in place to avoid injury from fainting.
- Vaccination should be postponed in individuals suffering from an acute severe febrile illness or acute infection. The presence of a minor infection and/or low-grade fever should not delay vaccination.
- Nuvaxovid should be given with caution in individuals receiving anticoagulant therapy or those with thrombocytopenia or any coagulation disorder (such as haemophilia) because bleeding or bruising may occur following an intramuscular administration in these individuals.
- The efficacy of Nuvaxovid may be lower in immunosuppressed individuals.
- Administration of Nuvaxovid in pregnancy should only be considered when the potential benefits outweigh any potential risks for the mother and foetus.
- The effects with Nuvaxovid may temporarily affect the ability to drive or use machines.
- Individuals may not be fully protected until 7 days after their second dose. As with all vaccines, vaccination with Nuvaxovid may not protect all vaccine recipients.
- The most common adverse reactions observed during clinical studies were headache, nausea or vomiting, myalgia, arthralgia, injection site tenderness/pain, fatigue, and malaise.
For additional safety information, including the full Summary of Product Characteristics with Package Leaflet, please visit www.NovavaxCovidVaccine.com.
Information on this medicine is also available on the Swissmedic website.
About NVX-CoV2373
NVX-CoV2373 is a protein-based vaccine engineered from the genetic sequence of the first strain of SARS-CoV-2, the virus that causes COVID-19 disease. NVX-CoV2373 was created using Novavax' recombinant nanoparticle technology to generate antigen derived from the coronavirus spike (S) protein and is formulated with Novavax' patented saponin-based Matrix-M™ adjuvant to enhance the immune response and stimulate high levels of neutralizing antibodies. NVX-CoV2373 contains purified protein antigen and can neither replicate, nor can it cause COVID-19.
Novavax' COVID-19 vaccine is packaged as a ready-to-use liquid formulation in a vial containing ten doses. The vaccination regimen calls for two 0.5 ml doses (5 mcg antigen and 50 mcg Matrix-M adjuvant) given intramuscularly 21 days apart. The vaccine is stored at 2°- 8° Celsius, enabling the use of existing vaccine supply and cold chain channels. Use of the vaccine should be in accordance with official recommendations.
Novavax has established partnerships for the manufacture, commercialization and distribution of NVX-CoV2373 worldwide. Existing authorizations leverage Novavax' manufacturing partnership with Serum Institute of India (SII), the world's largest vaccine manufacturer by volume. They will later be supplemented with data from additional manufacturing sites throughout Novavax' global supply chain.
About Matrix-M™ Adjuvant
Novavax' patented saponin-based Matrix-M™ adjuvant has demonstrated a potent and well-tolerated effect by stimulating the entry of antigen-presenting cells into the injection site and enhancing antigen presentation in local lymph nodes, boosting immune response.
About Novavax
Novavax, Inc. (Nasdaq: NVAX) is a biotechnology company that promotes improved health globally through the discovery, development and commercialization of innovative vaccines to prevent serious infectious diseases. The company's proprietary recombinant technology platform harnesses the power and speed of genetic engineering to efficiently produce highly immunogenic nanoparticles designed to address urgent global health needs. NVX-CoV2373, the company's COVID-19 vaccine, has received conditional authorization from multiple regulatory authorities globally, including the European Commission and the World Health Organization. The vaccine is also under review by multiple regulatory agencies worldwide. In addition to its COVID-19 vaccine, Novavax is also currently evaluating a COVID-seasonal influenza combination vaccine in a Phase 1/2 clinical trial, which combines NVX-CoV2373 and NanoFlu, its quadrivalent influenza investigational vaccine candidate. These vaccine candidates incorporate Novavax' proprietary saponin-based Matrix-M™ adjuvant to enhance the immune response and stimulate high levels of neutralizing antibodies.
For more information, visit www.novavax.com and connect with us on LinkedIn.
Forward-Looking Statements
Statements herein relating to the future of Novavax, its operating plans and prospects, its partnerships, the timing of clinical trial results, the ongoing development of NVX-CoV2373 and NanoFlu, its COVID-seasonal influenza investigational vaccine candidate, the scope, timing and outcome of future regulatory filings and actions, including Novavax' plans to supplement existing authorizations with data from the additional manufacturing sites in Novavax' global supply chain, the potential impact and reach of Novavax and NVX-CoV2373 in addressing vaccine access, controlling the pandemic and protecting populations, and the efficacy, safety and intended utilization of NVX-CoV2373 are forward-looking statements. Novavax cautions that these forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, without limitation, challenges satisfying, alone or together with partners, various safety, efficacy, and product characterization requirements, including those related to process qualification and assay validation, necessary to satisfy applicable regulatory authorities; difficulty obtaining scarce raw materials and supplies; resource constraints, including human capital and manufacturing capacity, on the ability of Novavax to pursue planned regulatory pathways; challenges meeting contractual requirements under agreements with multiple commercial, governmental, and other entities; and those other risk factors identified in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Novavax' Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the Securities and Exchange Commission (SEC). We caution investors not to place considerable reliance on forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov and www.novavax.com, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of the statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Contacts:
Investors
Erika Schultz | 240-268-2022
ir@novavax.com
Media
Ali Chartan | 240-720-7804
Laura Keenan Lindsey | 202-709-7521
media@novavax.com
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SOURCE Novavax, Inc. | https://www.kxii.com/prnewswire/2022/04/13/swissmedic-grants-conditional-marketing-authorization-novavax-covid-19-vaccine/ | 2022-04-13T10:58:26Z |
(KTLA) – As drought-plagued Western states enter peak wildfire season, you may be wondering if all those COVID-19 masks you have laying around will also protect you from fire smoke.
The short answer: It depends.
What are some of the harmful effects of wildfire smoke?
The contaminants in wildfire smoke, especially the smaller PM 2.5 particles that penetrate deeply into the lungs, may impair the body’s natural defense and clearance mechanisms. For this reason, people exposed to the wildfire smoke may be more likely to get infections after exposure and might even become more ill after infection, according to Dr. Richard Castriotta, a pulmonologist with Keck Medicine of USC.
Those with asthma may develop worsening bronchoconstriction and need more medications.
“Every wildfire is somewhat similar in terms of burning of plants and trees and so forth,” said Ed Avol, professor of clinical preventive medicine at the USC Keck School of Medicine. “Obviously, each specific fire can be quite different, depending on what is consumed. For example, buildings, or particular commodities such as cars or fuel or solvents and products that you might have in the garage, or plastics and so forth.”
So there are some specialty aspects, but in general, wildfire smoke is usually thought of as containing a number of high-concentration, different-sized particles and a wide range of different kinds of gases, he added.
“Generally, breathing smoke is not healthy for any of us,” Avol said. “But there are susceptible subgroups in our population at especially high risk.”
Those include young children, pregnant mothers, patients with heart disease, asthma and with pre-existing respiratory disease such as chronic obstructive pulmonary disease or pulmonary fibrosis.
So do COVID masks protect you from fire smoke?
Yes, N95 respirator masks are best and they do protect from wildfire contaminants, Castriotta said.
Avol, who studies air pollution and respiratory health and lung health development, echoed the sentiment.
“The so-called N95 masks, which are certified masks that have been measured and are produced in a fairly careful way and tested — assuming they fit your face properly — do a good job of protecting you from the particles in the air,” Avol said.
A regular cloth mask doesn’t do a very good job, he added, depending on what kind of cloth it’s made of and how it’s manufactured.
And as for the surgical masks (which are generally those loose-fitting, blue disposable ones), they “may do something to protect you against COVID, but it doesn’t work very well against wildfire smoke,” Avol said.
What’s the best way to protect yourself from wildfire smoke?
The best way to protect yourself from wildfire smoke is to minimize exposure to the extent that you can, which might mean staying indoors with the windows and doors shut.
Additional measures to take include:
- Stay inside with a good air conditioning system.
- Use a HEPA filter or air purifier with the air conditioner for added protection.
- Place wet rags on the floor and at the window interface so that the air doesn’t come through underneath.
- When going outside, wear an N95 mask for optimal protection
- If you’re in a car, keep the windows rolled up and have a car ventilation system operate and recirculate.
- Restrict physical activity so that you don’t increase your breathing rate and take in more air.
“Generally speaking, exercise is great for you but under these conditions where it might be smoky … we have to be a little more thoughtful about where and how and when we exercise,” Avol explained.
Checking the air quality index is helpful before going outside to do any exercise or work, he added. It can help make more informed decisions about whether to wear a mask or take “some sort of careful avoidance procedures to take care of our health because there are both short term and long term effects that we want to try to avoid.”
How can you tell the difference between symptoms from smoke exposure and COVID-19?
COVID-19 symptoms that smoke exposure does not share include changes in smell and taste and a fever, Dr. Castriotta siad. | https://cw33.com/news/nexstar-media-wire/will-a-covid-mask-protect-you-from-wildfire-smoke/ | 2022-07-30T22:42:40Z |
FDA issues final rule opening the market to over-the-counter devices, broadening choices for millions of Americans who need hearing help
ROCKVILLE, Md., Aug. 16, 2022 /PRNewswire/ -- Millions of American adults with mild to moderate hearing loss will soon have more choices in hearing aids, and the ability to get them without seeing a doctor or hearing care professional first. The Hearing Loss Association of America (HLAA) – the leading voice for the growing number of Americans with hearing loss – calls the step a win for millions of adults who have hearing loss and may have been waiting to get the help they need.
The FDA on August 16 issued the final rule for how over-the-counter hearing aids will be sold to consumers, and devices are expected to be available within the coming months. HLAA advocated for consumer protection pieces in the rule, including a clear return policy and labeling on cellphone connectivity.
HLAA is providing free resources available for anyone considering over-the-counter hearing aids at hearingloss.org/OTC.
"We are hopeful that over-the-counter options will inspire some to take a first step to treat their hearing loss sooner. Ultimately this can mean a better quality of life, and avoiding the increased risk of dementia, falls and isolation associated with untreated hearing loss," says HLAA Executive Director Barbara Kelley.
It's expected that the new over-the-counter class of hearing aids – recommended only for adults with mild to moderate hearing loss – will be significantly less expensive than those currently on the market which can average thousands of dollars a pair.
Forty-eight million Americans have hearing loss, and most never get diagnosed or treated. Cost and stigma are common barriers, even though untreated hearing loss is linked with other serious illnesses, isolation and even poor job performance. Hearing loss is often progressive, and HLAA thinks OTC products could inspire some people to get help earlier in the process, when they notice hearing changes in certain situations.
"This is an exciting step, but it's still important to remember there's no one-size-fits-all approach to hearing loss. For many, a hearing care professional will still be a part of an effective treatment plan. But opening more options is a big step in the right direction, for a growing problem that affects 1 in 7 Americans," says Kelley.
HLAA also urges all Americans to get their hearing checked, and not to wait to get treated, no matter what option you choose. HLAA provides ongoing advocacy, resources, and support to empower people to live full lives with hearing loss.
The Hearing Loss Association of America (HLAA) is the nation's leading organization representing the growing number of people with hearing loss in the U.S. Its mission is to open the world of communication to people with hearing loss through information, education, support and advocacy.
HLAA was instrumental in the passage of the Americans with Disabilities Act (ADA) more than 30 years ago, and still fights for the rights of people with hearing loss at local and national levels and offers support online and in chapters across the country.
Walk4Hearing events raise awareness and funds in cities across the country and offer support to families dealing with hearing loss. HLAA also publishes Hearing Life magazine and other news and important resources at hearingloss.org.
Carrie Johnson
cjohnson@hearingloss.org
301.657.2248 ext. 109
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SOURCE Hearing Loss Association of America | https://www.mysuncoast.com/prnewswire/2022/08/16/new-class-hearing-aids-will-soon-be-available-directly-consumers-without-prescription/ | 2022-08-16T18:02:18Z |
ROTCE of 13.0% and Adjusted ROTCE of 14.7% with tangible book value per share of $10.46*
MEMPHIS, Tenn., April 19, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported first quarter 2022 net income available to common shareholders ("NIAC") of $187 million, or earnings per share of $0.34, compared with fourth quarter 2021 NIAC of $219 million, or earnings per share of $0.40.
First quarter 2022 results were reduced by a net $24 million after-tax, or $0.04 per share, of notable items compared with a net $41 million, or $0.08 per share, in fourth quarter 2021. Excluding notable items, adjusted first quarter 2022 NIAC of $211 million, or $0.38 per share, decreased from $260 million, or $0.48 per share in fourth quarter of 2021. The decrease was led by a $0.04 per share reduction tied to lower provision credit.
"Our underlying results this quarter reflect the tremendous opportunities and momentum inherent in our higher-growth markets with C&I loan growth of 4% before the impact of paycheck protection program and mortgage warehouse loans," said President and Chief Executive Officer Bryan Jordan. "While higher long-term rates and global uncertainty impacted our countercyclical businesses, our highly asset-sensitive balance sheet is well positioned to benefit from rising short-term rates. I'm particularly proud of the hard work and dedication of our associates who contributed to the successful completion of the IBERIABANK systems and signage integration during the quarter. With that work behind us, we remain focused on driving value for our associates, clients, communities and shareholders as we look forward to completing the proposed transaction with TD Bank Group."
Jordan continued, "With the war in Ukraine, our hearts go out to the families, clients and associates directly impacted by this crisis and we hope that peace, safety and freedom can be quickly restored."
The first quarter 2022 earnings materials are available on https://ir.firsthorizon.com. In addition, the financial results and earnings presentation will be furnished on a Form 8-K that will be available on the Securities and Exchange Commission website at www.sec.gov.
Forward-Looking Statements
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements pertain to FHN's beliefs, plans, goals, expectations, and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results, or other developments. Forward-looking statements can be identified by the words "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward," and other expressions that indicate future events and trends.
Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic, and competitive uncertainties and contingencies, many of which are beyond FHN's control, and many of which, with respect to future business decisions and actions (including acquisitions and divestitures), are subject to change and could cause FHN's actual future results and outcomes to differ materially from those contemplated or implied by forward-looking statements or historical performance. Examples of uncertainties and contingencies include those mentioned: in this document; in Items 2.02 and 7.01 of FHN's Current Report on Form 8-K to which this document has been filed as an exhibit; in the forepart, and in Items 1, 1A, and 7, of FHN's most recent Annual Report on Form 10-K, as amended; and in the forepart, and in Item 1A of Part II, of FHN's Quarterly Report(s) on Form 10-Q filed this year.
FHN assumes no obligation to update or revise any forward-looking statements that are made in this document or in any other statement, release, report, or filing from time to time.
Use of Non-GAAP Measures and Regulatory Measures that are not GAAP
Certain measures included in this report are "non-GAAP," meaning they are not presented in accordance with generally accepted accounting principles in the U.S. and also are not codified in U.S. banking regulations currently applicable to FHN. Although other entities may use calculation methods that differ from those used by FHN for non-GAAP measures, FHN's management believes such measures are relevant to understanding the financial condition, capital position, and financial results of FHN and its business segments. Non-GAAP measures are reported to FHN's management and Board of Directors through various internal reports.
The non-GAAP measures presented in this earnings release are fully taxable equivalent measures, core net interest income ("NII"), pre-provision net revenue ("PPNR"), loans and leases excluding paycheck protection program ('PPP") and/or Loans to Mortgage Companies ("LMC"), return on average tangible common equity ("ROTCE"), tangible common equity ("TCE") to tangible assets ("TA"), tangible book value ("TBV") per common share, and various consolidated and segment results and performance measures and ratios adjusted for notable items.
Presentation of regulatory measures, even those which are not GAAP, provide a meaningful base for comparability to other financial institutions subject to the same regulations as FHN, as demonstrated by their use by banking regulators in reviewing capital adequacy of financial institutions. Although not GAAP terms, these regulatory measures are not considered "non-GAAP" under U.S. financial reporting rules as long as their presentation conforms to regulatory standards. Regulatory measures used in this financial supplement include: common equity tier 1 capital ("CET1"), generally defined as common equity less goodwill, other intangibles, and certain other required regulatory deductions; tier 1 capital, generally defined as the sum of core capital (including common equity and instruments that cannot be redeemed at the option of the holder) adjusted for certain items under risk based capital regulations; and risk-weighted assets, which is a measure of total on- and off-balance sheet assets adjusted for credit and market risk, used to determine regulatory capital ratios.
Important Other Information
In connection with the proposed transaction with TD, First Horizon has filed a preliminary proxy statement and other materials with the SEC, and intends to file additional relevant materials with the SEC, including a definitive proxy statement on Schedule 14A. All preliminary materials are subject to completion.
Neither this report nor any exhibit constitutes an offer to sell or a solicitation of an offer to buy any securities or a solicitation of any vote or approval.
SHAREHOLDERS OF FIRST HORIZON ARE URGED TO READ, WHEN AVAILABLE, ALL RELEVANT DOCUMENTS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED WITH THE SEC, INCLUDING FIRST HORIZON'S PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT FIRST HORIZON AND THE PROPOSED TRANSACTION WITH TD.
Investors and shareholders of First Horizon will be able to obtain a free copy of the definitive proxy statement as well as other relevant documents filed with the SEC without charge at the SEC's website (http://www.sec.gov). Copies of the definitive proxy statement and the filings with the SEC that will be incorporated by reference in that proxy statement can also be obtained, without charge, by directing a request to Clyde A. Billings Jr., First Horizon Corporation, 165 Madison, Memphis, TN 38103, telephone (901) 523-4444.
Participants in the Solicitation
First Horizon and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction under the rules of the SEC. Information regarding First Horizon's directors and executive officers is available in the proxy statement for its 2022 annual meeting of shareholders, which was filed with the SEC on March 14, 2022, and certain of its Current Reports on Form 8-K. Other information regarding the participants in the solicitation of proxies in respect of the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC. Free copies of these documents, when available, may be obtained as described in the preceding paragraph.
First Horizon Corp. (NYSE: FHN), with $88.7 billion in assets as of March 31, 2022, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Contact: Investor Relations, Ellen Taylor (901) 523-4450
Media Relations, Beth Ardoin, (337) 278-6868
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SOURCE First Horizon Corporation | https://www.wibw.com/prnewswire/2022/04/19/first-horizon-corporation-reports-first-quarter-2022-net-income-available-common-shareholders-187-million-or-eps-034-211-million-or-038-an-adjusted-basis/ | 2022-04-19T22:07:44Z |
Skylar uses Datameer and Snowflake to Streamline and Speed Up Data Engineering Processes
LAS VEGAS, June 14, 2022 /PRNewswire/ -- Datameer, a leading provider of hybrid no-code and SQL data transformation solutions for Snowflake's Data Cloud, announced the increased adoption of Datameer with Snowflake in the retail and e-commerce verticals.
Marketing is the heartbeat of a retail and ecommerce business. In the age of 'we can measure and model everything', very few organizations are actually able to accurately track the ROI of their marketing spend. Retail and e-commerce organizations have hired massive data teams, often larger than their marketing team counterparts, with complex and expensive data stacks to get to this holy grail but usually with limited success. The sheer complexity of the marketing data landscape, the legacy technologies, and the level of technical and engineering expertise needed to extract and create the datasets needed for analysis make it difficult to translate into real time adjustments of marketing campaigns.
Nimble e-commerce start-ups that have adopted Datameer and Snowflake are able to get to these insights in quasi real time with only a fraction of the resources of some of their larger more established peers. These state-of-the art teams analyze marketing campaign results, overall customer acquisition journeys, and resulting customer orders with ease which, in turn, allow them to iterate quickly, optimize spend and targeting, and ultimately drive profitable growth.
This is because Datameer with its no-code interface makes it possible for a marketing analyst to combine and create the data models they need for their ROI or CLV calculations without having to write complex and lengthy SQL code.
"Snowflake and Datameer's partnership can help joint customers in retail and ecommerce reimagine what's possible with data, helping them govern and share data seamlessly to deliver personalized customer experiences, optimize supply chains, and make data-driven merchandising decisions," said Rosemary Hua, Global Retail and CPG Industry GTM lead at Snowflake
Skylar, a rapidly growing provider of all-natural, hyper-allergenic perfumes, uses Datameer and Snowflake as central components in their modern cloud-centric data stack. A particular emphasis of the data and analytics team has been to use Datameer to rapidly transform their raw data in Snowflake for marketing, customer acquisition, and customer order analytics. The results Skylar has seen are an expanded and deeper set of marketing analytics, faster time to marketing insights, and agile, streamlined data operations.
With its dual code and no-code interfaces, experienced SQL developers also love to use Datameer. "Datameer is a great solution for SQL power users. It allows us to streamline and speed up operations that would otherwise be complex and time-consuming and compose them in a straightforward, step-by-step sequence where we can quickly and easily see the underlying SQL and preview output of underlying data at every step of the process ." says Tim Nolan, head of technology at Skylar.
Skylar joins a long list of successful Datameer customers in the retail, e-commerce, and consumer services industries, including Oxxo, the NPD Group, JCPenney, Kickback Systems, and Vivint. These companies have used Datameer to streamline their data operations, generate faster insights, and greatly expand the suite of analytics provided to their business users.
"Retail and e-commerce organizations require an agile, modern data stack that Datameer facilitates to keep up with rapidly changing consumer dynamics," said George Shahid, CEO of Datameer. "Our retail and e-commerce customers have gained great competitive and market advantages by speeding and expanding their data operations with Datameer."
You can see the Datameer SaaS data transformation platform in action at the Snowflake Summit at booth #1928 from June 13-16. Datameer SaaS is available to any organization today and offers a 14-day free trial.
Datameer is a fully-managed SaaS offering designed for both technical and non-technical teams to explore, transform and publish trusted datasets to the Snowflake Data Cloud. The dual SQL code and no-code UI, auto-documentation, integrated catalog, collaboration, and native Snowflake architecture allow organizations to increase Snowflake analytics adoption and accelerate data engineering workflows. Datameer is headquartered in San Francisco with operations in Germany and the UK.
Datameer Press Contact
Benoîte Yver
Chief Marketing Officer, Datameer Inc,
benoite@datameer.com
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SOURCE Datameer | https://www.mysuncoast.com/prnewswire/2022/06/14/retail-e-commerce-companies-select-datameer-snowflake-track-customer-lifetime-value-marketing-roi/ | 2022-06-14T19:36:13Z |
BENSALEM, Pa., May 20, 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 Riskified Ltd. ("Riskified" or the "Company") (NYSE: RSKD).
Class Period: July 2021 IPO
Lead Plaintiff Deadline: July 1, 2022
Investors suffering losses on their Riskified 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 Defendants failed to disclose to investors that: (1) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in the Registration Statement), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (2) Riskified had expanded its customer base into industries with relatively high rates of fraud including partnerships with cryptocurrency and remittance business in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (3) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (4) 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.
Contacts
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.kxii.com/prnewswire/2022/05/20/rskd-investors-have-opportunity-lead-riskified-ltd-securities-fraud-lawsuit/ | 2022-05-20T16:04:28Z |
HOUSTON, Sept. 7, 2022 /PRNewswire/ -- Attorneys from the Houston-based intellectual property law firm Heim, Payne & Chorush LLP congratulate former firm partner James "Boone" Baxter on being named Magistrate Judge for the U.S. District Court for the Eastern District of Texas in the Texarkana Division.
Mr. Baxter practiced at Heim, Payne & Chorush LLP for nearly six years before being unanimously selected by the judges in the Eastern District to fill the spot vacated by former Magistrate Judge Caroline Craven, who retired in May after 24 years on the federal bench.
"Everyone at our firm is extremely proud of our former partner, Judge Baxter," says Heim, Payne & Chorush LLP managing partner Michael Heim. "The Eastern District Court, the attorneys who practice there, and the parties who appear before him will immediately benefit from the depth of legal knowledge and attention to detail Judge Baxter brought to the table during our years of work together in private practice."
The national legal publication Law360 published a profile of Judge Baxter during his first days on the bench, where he talked about a series of aptitude and personality tests that spurred him to become an attorney.
"All of the tests told me to be a lawyer," he told Law360 in the article you can read here.
Heim, Payne & Chorush LLP is home to an experienced team of seasoned intellectual property attorneys and some of the brightest young lawyers in the profession. The firm's attorneys are regularly honored on the annual Texas Super Lawyers and Texas Rising Stars lists of the state's leading legal practitioners. Several firm lawyers are additionally recognized on the Chambers USA listing of the country's top attorneys and the exclusive annual guide to The Best Lawyers in America.
Heim, Payne & Chorush LLP represents plaintiffs and defendants in litigation across a broad range of technologies and business sectors. With a wide variety of technical and scientific backgrounds, firm attorneys handle all facets of intellectual property litigation for some of the largest energy and technology firms, as well as individuals and smaller companies. Ranked among the most active and top-performing firms in matters before the U.S. Patent Trial and Appeal Board by Patexia Insights, the firm takes pride in its ability to partner with other attorneys and firms to bring the best possible trial team together for the benefit of the client. To learn more about the firm and the work it does, visit www.hpcllp.com.
For more information, please contact Bruce Vincent at 214-763-6226 or bruce.vincent@muselegalpr.com.
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SOURCE Heim, Payne & Chorush | https://www.mysuncoast.com/prnewswire/2022/09/07/houston-intellectual-property-law-firm-heim-payne-amp-chorush-llp-congratulates-james-boone-baxter-federal-judicial-post/ | 2022-09-07T19:27:15Z |
Tennessee governor won’t release records on execution error
NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee has refused to release records that could illuminate his decision to abruptly halt the execution of Oscar Smith last month, citing attorney-client privilege and the disputed “deliberative process privilege.”
In response to a records request by The Associated Press, the Republican governor’s office released emails containing Lee’s April 21 public statement granting Smith a reprieve. The office also released a series of emails from reporters asking for more details about the problems that led Lee to halt the execution. The reporters were referred to the public statement, which said only that there was an “oversight” in the preparation of the drugs.
On Monday, Lee finally elaborated in a new statement, saying the drugs to be used in Smith’s execution were tested for potency and sterility, but not endotoxins, as required by the state’s execution protocols. Lee placed a temporary moratorium on executions through the end of the year and appointed former U.S. Attorney Ed Stanton to review circumstances that led to the failure.
Lee has repeatedly cited deliberative process when declining to release documents. The exemption is not in state law but was described in a 2004 intermediate appeals court decision. In that ruling, the court determined certain documents could remain secret if officials deemed them part of their decision-making process.
Early in his administration, Lee’s office also cited “executive privilege” more than a dozen times as a reason for withholding records, though his team argued they were using the term interchangeably with deliberative process. Tennessee statutes, including the state’s open records laws, do not define executive privilege. The Tennessee Constitution does not mention it.
Lee initially promised to overhaul the state’s public records laws to provide more government transparency when he came into office, but he has yet to significantly change the statutes.
Smith, 72, was sentenced to death for fatally stabbing and shooting his estranged wife, Judith Smith, and her teenage sons, Jason and Chad Burnett, at their Nashville home on Oct. 1, 1989.
Smith’s execution was to be the first of five scheduled in 2022, the most of any state other than Texas, which also scheduled five executions, according to the Death Penalty Information Center. It was also to be Tennessee’s first execution since the pandemic halted executions in 2020.
___
Associated Press writer Kimberlee Kruesi contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/03/tennessee-governor-wont-release-records-execution-error/ | 2022-05-03T21:03:21Z |
Seasoned executive to help drive Axon's next phase of growth
SCOTTSDALE, Ariz., June 9, 2022 /PRNewswire/ -- Axon (NASDAQ: AXON), the global leader in connected public safety technologies, has announced the appointment of Josh Isner to the role of Chief Operating Officer (COO). In this newly created role to expand the office of the CEO, Isner will oversee Axon's operational functions including business operations and execution, policies and employees.
"Josh has had a tremendous positive impact on Axon, including most recently during his tenure as chief revenue officer," says Axon CEO and founder, Rick Smith. "Given his passion for our mission and ability to execute, I am eager to continue working with Josh in his expanded role, as our entire company builds the public safety ecosystem of the future."
"I love Axon and our mission. I'm humbled by the trust our team, customers, and shareholders have placed in me," says Isner, Axon's new COO. "We're going to work our hardest every day to create and deliver value for each of those populations. And most of all, we will pursue our goal of protecting life with relentless vigor."
As Chief Revenue Officer, Isner was responsible for Axon's global growth, customer service, professional services, and sales operations. He helped to build Axon's revenue stream to support our 2022 guidance above $1 billion, driving historical annual growth rates exceeding 25%. He joined Axon as a member of the Leadership Development Program, and after rotating through several departments in the company, he eventually helmed and led the domestic video and cloud sales team to a record year in 2014. Josh previously held the roles of Director of Leadership Development, Northeast Regional Sales Executive, and VP of Video and Cloud Sales at TASER. He holds a BS in Government & Political Science from Harvard University.
Isner's expanded role was first disclosed in an 8-K filing last week.
Axon is a network of devices, apps and people that helps public safety personnel become smarter and safer. With a mission of protecting life, our technologies give customers the confidence, focus and time they need to keep their communities safe. Our products impact every aspect of a public safety officer's day-to-day experience with the goal of helping everyone get home safe.
We work hard for those who put themselves in harm's way for all of us. To date, more than 266,000 lives and countless dollars have been saved with the Axon Network of devices, apps and people. Learn more at www.axon.com or by calling (800) 978-2737. Axon is a global company with headquarters in Scottsdale, Ariz. and global software engineering hub in Seattle, Wash., as well as additional offices in Australia, Canada, Finland, Vietnam, the UK and the Netherlands.
Facebook is a trademark of Facebook, Inc.; Corporation and Twitter is a trademark of Twitter, Inc.. Axon, Axon Network, and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved.
- Axon on Twitter: https://twitter.com/axon
- Axon on Facebook: https://www.facebook.com/Axon.ProtectLife/
Please visit http://investor.axon.com, https://www.axon.com/press, www.twitter.com/axon_us and https://www.facebook.com/Axon.ProtectLife/ where Axon discloses information about the company, its financial information and its business.
MEDIA CONTACT:
Corinne Clark
Public Relations Manager
Press@axon.com
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SOURCE Axon | https://www.mysuncoast.com/prnewswire/2022/06/09/axon-appoints-josh-isner-chief-operating-officer/ | 2022-06-09T12:41:07Z |
Study: Millennials are ahead of their parents in retirement savings
(CNN) - A new study from investment firm Charles Schwab shows the younger generation is already stashing cash away in their mid-20s.
The younger generation also has higher balances in their 401(k)s than Gen Xers did at the same age.
The study says younger people are saving more because they don’t expect to get pension plans.
In 1981, 84% of full-time workers at large companies had pensions; by 2020, that number dropped to 28%.
Researchers found that millennials are worse off in nearly all aspects of their financial well-being.
They graduated into the great recession, dealt with the COVID and a second recession. They’re also gearing up for what financial analysts predict will be another recession paired with high inflation levels.
But there is one thing millennials are focused on and that is cryptocurrency.
The study found that 25% of millennials plan to invest in digital currencies, compared with about 5% of baby boomers.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/27/study-millennials-are-ahead-their-parents-retirement-savings/ | 2022-04-27T22:21:08Z |
- An 18-year-old could sign a rental agreement without permission from their parents
(researched by OHEYAGO)
TOKYO, May 31, 2022 /PRNewswire/ -- A research about the change of the legal adult age in Japan and what it brings to the real estate market has been recently released by OHEYAGO( https://oheyago.jp/ ). OHEYAGO is a self-tour house hunting service owned by ITANDI.Co.,Ltd. which is a sub company of GA technologies. GA technologies Co., Ltd (Headquarters: Minato-Ku, Tokyo; CEO: Ryo Higuchi / Securities Code: 3491) is a company provides a comprehensive, one-stop real estate platform service in Japan. ITANDI focuses on bringing technology into the process of real estate transactions to make the whole process smoother and user friendly. Recently, a research result has been released by OHEYAGO based on the recent law revision of lowering the legal adult age from 20 to 18 years old in Japan(1) and what it will bring to the rental & lease market. It was an online questionnaire carried out among OHEYAGO's Twitter followers, and the answers received was 259.
- When it comes to the question that "Did you know that young adults could sign a rental contract without parents' permission" based on the fact that the legal adult age has been lowered to 18 years old in Japan. Around 40% of the people being researched answered with "No".
- 57.1%, expressed their worries about this change.
- 67.6% of the people feel positive about the change. The reason for this is that "An 18-year-old is mature enough to take responsibility for themselves." In which there are also many 18-year-old already started to support themselves as adults.
- 77.7% of the people expressed their worries as "most people do not have much knowledge about the real estate market and how does it work."
- More than 80% of the people answered that they hope "the realtor should take the responsibility and explain as detailed as possible regarding the basic flow of a rental contract, rules and anything that a client needs to know. (especially to young adults)"
1. Changes it brought to the rental & lease market along the change of the legal adult age
About 96.1% of the people researched confirmed that they do know the change about change that the legal adult age has been lowered to 18-year-old from the original 20-year-old started from April 1st, 2022, in Japanese citizen law,
When it comes to the question" Did you know young adults could sign a rental contract without parents' permission once they reached 18?" 62.5% answered "Yes", while 37.5% answered with "No". We can see that about 40% of the people do know that the legal adult age has been lowered, but some people do not know the changes it also brings to the real estate contract process.
2.How do you feel about the fact that an 18-year-old could sign a rental contract without parents' permission?
About 45.9% of the people expressed that "they are a little bit worry" about an 18-year-old is in charge of a rental contract on his / her own without parents' permission. 29% showed that "overall they are more or less lean towards the positive side of the change." 13.9% believe that "the change is definitely a good sign." 11.2% answered that "they are certainly worried about such a change." We could see that overall, 57.1% which is more than half of the people are feeling some kind of anxiety about the change.
3.Following the question above, what is your reason for that?
There are 67.7% of the people believe that it is either certainly good or overall positive about such a change. People believe that many 18-year-old already entered the workforce to support themselves as adults, and they should be able to take the responsibility to determine a rental contract by themselves. 47.7% answered that "An 18-year-old should be mature enough to make a decision on their own." While 38.7 % of the people believe that by deciding a house contract on their own will be a lesson to these young adults about "what a sense of responsibility is."
On the other hand, 77.7% of the people worried that an 18-year-olds usually does not have much knowledge about the real estate market and how it works exactly. 70.9% worried that young adults usually do not have a stable finance to afford a rent or any expenses that come with a rental contract. While 57.4% pointed out that many 18-year-olds are still high school students and do not have the ability to support themselves independently.
【Why do you think it is good for young adults to be able to take charge of a rental contract all by themselves?】
67.7%: "There are many 18-year-old already started to support themselves as adults"
47.7%:" An 18-year-old is old enough to make decisions for oneself"
38.7%:" By deciding a contract for themselves can teach these young adults a sense of responsibility"
12.6%:" Most countries set 18 as the legal adult age so why not Japan?"
9%:" A rental contract usually does not cost as much as a purchasing contract, and it is easier to terminate the contract if you want / must"
Why do you feel anxious about such a change?
77.7%: "Most 18-year-old don't know much about how real estate transaction works"
70.9%: "It is worrisome that young adults might not have the money to pay the rent and other expenses"
57.4%: "Many 18-year-old are still high school students which don't have the money to support themselves"
53.4%:" Young adults have to be careful not to get fooled around or becoming the target by / of some of the realtors"
29.7%:" I just do not think it is OK to change the legal adult age suddenly. It is just worrisome"
4. Advice for young adults when signing a rental contract
69.1% hoping that realtors should take the responsibility and explain the details to these young adults to make the whole process as smooth as possible. 64.5% of the people worried that these young adults might get into trouble even for crimes if not paying attention to the details of the contract. 60.2% expressed their worries that it will be difficult to terminate a contract once it has been signed.
69.1%: "Realtors should explain the contracting process, rules etc. as much detailed as possible"
64.5%: "Young adults should watch out for themselves not to get into troubles when signing a contract"
60.2%: "Young adults should be careful that sometimes it might be difficult to terminate a contract once you have signed it"
40.5%: "Plan everything you need to do before & after you move accordingly"
25.5%: "Get familiar with the surrounding environment as quick as possible"
5. The responsibility of realtors when helping these first-time contractors
81.1% of the people are requesting the realtors should take the responsibility to explain the rules and process of a rental contract thoroughly in helping these young adults as first-time contractors. While "the delivery of the necessary information and documents to the contractors" comes in second with 62.2%. "An 18-year-old will still need to grant a permission from the parents if the individual is still a student before signing a contract" comes in third with 51.7%. And 38.2% of the people hoping that the realtors could also advise these young adults about the manners, rules, tips when living by themselves the first time. From the list we could see that different advises are given to the young adults in order to prepare them for a smooth transition into living alone by themselves.
What about foreigners?
There are few advice from the Ministry of Land, Infrastructure, Transport & Tourism of Japan on finding a house in Japan as a foreigner (2).
- A guarantor or use of a rental guaranteed company is usually required: A guarantor is often required when a foreigner decided to sign a rental contract for a Japanese house. Most rental properties required the applicant to provide a contact information as the guarantor usually an individual who resides in Japan. For those of who are not able to provide a guarantor, a rental guaranteed company is often suggested. Foreigners are also recommended to seek for help from their employers or schools.
- The purpose of a guarantor: The purpose of a guarantor is to cover the unpaid expenses including but not limited to unpaid rent or unpaid repair costs when the applicant has difficulty in paying or do not pay the expenses himself / herself.
- Required documents: The following documents are required when foreigners sign the contract. Passport, residency card, proof of earnings, employment certificate (if applied), student Visa (if applied). Contact information of the guarantor or a rental guaranteed company will also be required if being used.
- Required fees: The following payments are usually required when rent a house in Japan. Security deposit, key money, agency fee, damage insurance premium, rent for the first month paid in advance, common management fee. These could vary depending on the property or the location.
- Renewal of the contract: The rental lease agreement in Japan is usually signed for 2 years. There will be a renewal fee involved if the renter plans to continue the agreement.
- About "OHEYAGO"(https://oheyago.jp/)
OHEYAGO is a self-tour house viewing service with 3 main characteristics. ① Everything can be done online ② Only offers a property that is definitely available on the market (3) ③ Provides you with great service with a reasonable price(4)OHEYAGO provides our customers with a fast and smooth house viewing service. House seekers can reserve an appointment 30 minutes prior based on one's own schedule. We offer a complete online service starting from house searching to the final contract signing. Customers can find a house easily all by using a smartphone. What's more is that, with an amendment revision that is going to be enacted on May 18th. Originally, the documents those required to be provided in paper form including the agreement of important matters can be offered in an electronic file(5). OHEYAGO is putting its effort in promoting the evolution in the real estate industry of bringing a brand-new way of real estate transaction that is purely online.
- Data Collection Method
Time period: March 24,2022 ~ April 14,2022
Number of answers received: 259
Source of research: OHEYAGO Twitter followers
Research method: Online（ Q1,Q2: single reply only, Q3,Q4,Q5: multiple answers allowed ）
- About ITANDI
Company name: ITANDI Co.,Ltd.
Representative: Shinpei Noguchi
Website: https://www.itandi.co.jp/
Head office: 40F of Sumitomo real estate Roppongi Grand Tower, Roppongi 3-2-1, Minato-Ku, Tokyo, Japan
Established: June 2012
Capital fund: 36,000,000 JPY
Service:
- The development & operation of "ITANDI BB" : SaaS for the real estate people (B2B)
- The development & operation of "ITANDI BB +" : SaaS for accelerating the digital transformation of the real estate business (B2B)
- The development & operation of "OHEYAGO" : a B2C self-tour house hunting site
- About GA technologies
Company: GA technologies Co., Ltd.
Representative: Ryo Higuchi
URL: https://www.ga-tech.co.jp/en/
Head office: 40F of Sumitomo Fudosan Roppongi Grand Tower, Roppongi 3-2-1, Minato District, Tokyo
Year of founding: March 2013
Capital fund: 7,224,816,203 JPY (by March 2022)
What we do:
- Running the RENOSY service, an online, one-stop real estate service platform
- Running the ITANDI BB service, a cloud service targets at real estate management companies
- Sub companies: ITANDI Co.,Ltd, Modern Standard Co., Ltd, Shenjumiausuan Co.,Ltd and 8 other companies
Reference:
- Promotion video of "OHEYAGO"(https://youtu.be/IeolLfS11Yc)
- "OHEYAGO" on Twitter(https://twitter.com/OHEYAGO)
- "OHEYAGO Journey": Lifestyle magazine(https://journey.oheyago.jp/)
- "OHEYAGO App", the iOS version(https://apps.apple.com/jp/app/id1561076788)
- Reference source: Citizen laws amendments; "Revision of the legal adult age"; Ministry of Justice
https://www.moj.go.jp/MINJI/minji07_00218.html - Reference source: "Housing advises for dealing with foreigners (rental & leasing)" Ministry of Land, Infrastructures, Transport & Tourism
https://www.mlit.go.jp/jutakukentiku/house/jutakukentiku_house_tk3_000017.html - A usual way of advertising in the real estate market is that sometimes customers would find houses that are actually not available for renting for some reasons or that has been leased out already, even a house that cannot be viewed but is posted online only for advertising purposes etc. Sometimes, these situations happened because of the administrative process on the agency's side or purely for advertising reasons. OHEYAGO is working hard to prevent such a situation from happening to provide the most updated and accurate information to our customers.
- OHEYAGO is bringing technology into the transaction process with a low rate of commission fee and a total online service. We are hoping to help lowering the expenses our customers have to pay by providing a new business model.
- Reference source: Revision on "Real estate transaction laws & regulations & laws for protecting elderly customers benefits"; Ministry of Land, Infrastructure, Transportation and Tourism
https://www.mlit.go.jp/report/press/tochi_fudousan_kensetsugyo16_hh_000001_00035.html
CONTACT: Nami, (+81-90-1503-9158), Judy, GA technologies Co., Ltd., MAIL: pr@ga-tech.co.jp
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SOURCE GA technologies Co., Ltd. | https://www.mysuncoast.com/prnewswire/2022/05/31/japanese-people-show-their-anxiety-towards-revision-legal-adult-age/ | 2022-05-31T16:45:22Z |
- WELL forms a new business unit to consolidate its Canadian outpatient clinic businesses into a highly integrated national 'bricks and clicks' clinic platform reflecting 'hybrid' care. The new business unit will include WELL's Primary Care, Allied Health, and MyHealth Specialized Care businesses and supports almost 1,300 healthcare practitioners.
- WELL has expanded its $200 million senior secured credit facilities(1) led by Royal Bank of Canada ("RBC") and supported by a syndicate of lenders to encompass the Canadian Clinics Business Unit and extended it until 2026, providing the Company with additional access to credit to help grow WELL's fleet of outpatient clinic locations.
- WELL is ramping up its growth in new clinics. In the last couple of weeks, WELL has expanded its clinical presence with two new clinics: one each in Ontario and British Columbia and has established a strong pipeline of new prospects.
VANCOUVER, BC, July 14, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (the "Company" or "WELL"), a practitioner focussed digital health company positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce it has formed a new legal entity called WELL Health Canada Clinics Inc. ("Canadian Clinics Business Unit") to house its Canadian omni-channel clinical businesses. These businesses include the Company's previous Primary Care, Allied Care and MyHealth Specialized Care business units.
The Canadian Clinics Business Unit represents WELL's owned and operated fleet of Omni-Channel outpatient clinics leveraging WELL's highly integrated 'hybrid' brick and mortar and virtual service capabilities and includes the Company's primary care, specialized care, allied health, and diagnostics services but does not include the Company's TiaHealth.com service which is part of WELL's Virtual Services division. This business unit supports almost 1,300 healthcare practitioners who provide 1.87 million patient visits annually on a run-rate basis(2); over 40% of these patients are seen remotely via one of WELL's virtual or telehealth platforms, with the remainder treated in one of WELL's 81 Canadian clinics(3). This business is also expected to generate revenues exceeding $160 million with double digit operating Adjusted EBITDA(4) margins. Driven by WELL's consolidation and capital allocation efforts, this business has been experiencing organic growth rates approaching double digit percentage growth. The Canadian Clinics business unit is a key pillar in WELL's mission to empower practitioners.
Dr. Michael Frankel, WELL's Chief Medical Officer, said "This consolidation of our Canadian clinics business provides WELL with the proper foundation to become a national health system providing the very best in highly integrated 'bricks and clicks' care. We are excited to provide healthcare practitioners with a compelling home where they are supported with exceptional front and back-office support and technology solutions so they can provide critical care to their patients. We intend on further developing our services from coast to coast."
WELL will look to continue its consolidation and modernization of healthcare resources in Canada powered by its organic growth and with the help of its funding partners RBC, the Bank of Montreal, HSBC Bank Canada, The Toronto-Dominion Bank, ICICI Bank Canada and Laurentian Bank of Canada (collectively the "Lenders"). RBC is the Lead Arranger, Sole Bookrunner, and Administrative Agent on the financing. The Lenders have amended previous MyHealth credit facilities to include the newly formed Canadian Clinics Business Unit, as well as provided an extension of their credit commitments for an incremental year, extending the maturity to June 2026. The facilities are currently priced at an interest rate which is equivalent to SOFR/CDOR plus 1.25% to 3.25%(5), depending on the debt to Adjusted EBITDA ratio of the consolidated results for the Canadian Clinics Business Unit.
WELL's goal is to continue to grow Canada's largest network of outpatient clinics using a combination of greenfield sites and new acquisitions. WELL is pleased to confirm that it has added a primary care clinic in Vancouver to its network and a new greenfield haemorrhoid treatment center in Hamilton, Ontario. The Company's combined investment to add these two clinics to the network is less than $100k. The combined annual revenues of the two clinics are expected to exceed $2 million in their first year under WELL and be profitable. The Company's recently announced acquisition of Calgary based InLiv, a premium provider of healthcare services in the Province of Alberta, will also be part of the Canadian Clinics Business Unit upon closing and is expected to exceed $7 million per year in revenues with 85% of such revenue reflecting recurring membership revenue.
"We are thrilled to have the continued support of our banking partners and to announce the amendments to our existing Canadian credit facilities" said Hamed Shahbazi, CEO and Founder of WELL. "Our ability to expand our Canadian credit agreement with favourable terms in the present challenging macroeconomic environment is not only a testament to the fantastic support we are receiving from our banking partners but also the strength of WELL's outpatient clinic business. The updated credit facilities allow us to more efficiently deploy capital towards our strategic priorities and generate more shareholder value by improving our revenue and Adjusted EBITDA per share metrics."
WELL's objective is to continue to grow its Canadian Clinics Business Unit both organically and inorganically and continue to demonstrate market leadership as the country's first pan-Canadian clinical network with a highly integrated network of tech-enabled outpatient healthcare clinics across the country.
- The credit facilities amended are referenced in the press release dated 8 June 2021. The facilities include commitments for C$140 million senior secured credit facilities and an additional C$60 million uncommitted accordion feature.
- Run-rate patient visits is calculated by annualizing May 2022 patient visits figures.
- The 81 clinics include the primary care clinic in Vancouver and the haemorrhoid treatment centre in Hamilton. It does not include InLiv as the transaction has not closed.
- Non-GAAP financial measure. Earnings before interest, taxes, depreciation, and amortization ("EBITDA") and Adjusted EBITDA should not be construed as alternatives to net income/loss determined in accordance with IFRS. EBITDA and Adjusted EBITDA do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. WELL defines Adjusted EBITDA as EBITDA before transaction, restructuring, and integration costs, time-based earn-out expense, change in fair value of investments, share of loss of associates, foreign exchange gain/loss, and stock-based compensation expense. The Company considers Adjusted EBITDA a financial metric that measures cash that the Company can use to fund working capital requirements, service future interest and principal debt repayments and fund future growth initiatives.
- SOFR is a USD denominated benchmark interest rate based on transactions in the Treasury repurchase market, where investors offer banks, overnight loans backed by their bond assets. CDOR is a benchmark reference rate for bankers' acceptance (BA) borrowings denominated in Canadian dollars.
Per: "Hamed Shahbazi"
Hamed Shahbazi
Chief Executive Officer, Chairman and Director
WELL is a practitioner focused digital healthcare company whose overarching objective is to positively impact health outcomes to empower and support healthcare practitioners and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end to end practice management tools inclusive of virtual care and digital patient engagement capabilities as well as Electronic Medical Records (EMR), Revenue Cycle Management (RCM) and data protection services. WELL uses this platform to power healthcare practitioners both inside and outside of WELL's own omni-channel patient services offerings. As such, WELL owns and operates Canada's largest network of outpatient medical clinics serving primary and specialized healthcare services and is the provider of a leading multi-national, multi-disciplinary telehealth offering. WELL is publicly traded on the Toronto Stock Exchange under the symbol "WELL" and on OTCQX under the symbol "WHTCF". To learn more about the Company, please visit: www.well.company.
This news release may contain "Forward-Looking Information" within the meaning of applicable Canadian securities laws, including without limitation WELL's future growth plans. Forward-Looking Information is based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-Looking Information generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking Information involves known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by such Forward Looking Information and, which are not guarantees of future performance. WELL's statements expressed or implied by Forward Looking Information are subject to a number of risks, uncertainties, and conditions, many of which are outside of WELL 's control, and undue reliance should not be placed on such statements. Forward-Looking Information is qualified in their entirety by inherent risks and uncertainties, including: direct and indirect material adverse effects from the COVID-19 pandemic; adverse market conditions; risks inherent in the primary healthcare sector in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions; that market competition may affect the business, results and financial condition of WELL and other risk factors identified in documents filed by WELL under its profile at www.sedar.com, including its most recent Annual Information Form. Except as required by securities law, WELL does not assume any obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.
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SOURCE WELL Health Technologies Corp. | https://www.wibw.com/prnewswire/2022/07/14/well-forms-canadian-clinics-business-unit-expands-credit-agreement-ramps-up-clinic-growth/ | 2022-07-14T11:34:57Z |
Marlborough, Mass., May 2, 2022 /PRNewswire/ -- Phio Pharmaceuticals Corp. (Nasdaq: PHIO), a clinical stage biotechnology company developing the next generation of therapeutics based on its proprietary self-delivering RNAi (INTASYL™) therapeutic platform, announced today that it will present new preclinical data on PH-894 for use in adoptive cell therapy (ACT) at the American Society for Gene and Cell Therapy (ASGCT) 25th Annual Meeting, which is being held May 16-19, 2022 in-person in Washington, D.C. and virtually.
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Poster Details are as follows:
About Phio Pharmaceuticals Corp.
Phio Pharmaceuticals Corp. (Nasdaq: PHIO) is a clinical stage biotechnology company developing the next generation of immuno-oncology therapeutics based on its self-delivering RNAi (INTASYL™) therapeutic platform. The Company's efforts are focused on silencing tumor-induced suppression of the immune system through its proprietary INTASYL platform with utility in immune cells and the tumor microenvironment. The Company's goal is to develop powerful INTASYL therapeutic compounds that can weaponize immune effector cells to overcome tumor immune escape, thereby providing patients a powerful new treatment option that goes beyond current treatment modalities. For additional information, visit the Company's website, www.phiopharma.com.
Contact Phio Pharmaceuticals Corp.
ir@phiopharma.com
Investor Contact
Ashley R. Robinson
LifeSci Advisors
arr@lifesciadvisors.com
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SOURCE Phio Pharmaceuticals Corp. | https://www.kxii.com/prnewswire/2022/05/02/phio-pharmaceuticals-announces-upcoming-presentation-ph-894-data-asgct-25th-annual-meeting-2022/ | 2022-05-03T01:24:07Z |
The funding round led by JVP poised to reduce cultivate meat production costs by 300% making it more affordable
Erel Margalit JVP Chairman: "Biobetter has the key to scale up production of cultivated meat, make it accessible to consumers globally and protect our planet"
KIRYAT SHEMONA, Israel, Sept. 7, 2022 /PRNewswire/ -- FoodTech start-up BioBetter, Ltd., has secured USD10M in its A –round funding. The round was led by Jerusalem Venture Partners (JVP), with additional investment from Milk and Honey Investments, LLC, and the Israeli Innovation Authority (IIA). This significant injection of capital will be instrumental in accelerating cell-cultured meat closer to its ambitions for broad scale production.
BioBetter harnesses the inherent advantages of tobacco plants as bioreactors for creating the growth factors necessary for the cellular development of cultivated meat. This landmark botanical development could significantly reduce the cost of cultured meat and help rapidly advance its commercialization. The start-up is on a mission to relieve one of the biggest bottlenecks in this emerging industry: the steep costs and limited availability of growth factors that play a critical role in multiplying cultured meat cells.
BioBetter has pioneered a unique protein manufacturing platform for producing growth factors (GFs) using tobacco plants (Nicotiana tabacum) as natural, self-sustaining, animal-free bioreactors. The field-grown tobacco plants offer a new, sustainable, efficient, and flexible response to the market need for more competitively priced GFs, specifically insulin, transferrin, and FGF2. These compounds are necessary to make cultivated meat commercially viable.
"Biobetter has the key to scale up production of cultivated meat, make it accessible to consumers globally and protect our planet," declares Erel Margalit, Founder & Executive Chairman of JVP & Margalit Startup City. "This is not only because of the sheer volumes of GFs it can produce but also by virtue of its ability to substantially reduce their cost." Growth factors form the key building blocks for cell-cultured proteins. But costs currently run anywhere from USD50,000 to USD500,000 per gram of FGF2, for example. BioBetter's technology has the potential to bring these costs down to just one US dollar per gram
BioBetter will expand to a larger pilot plant within the Tel Hai Industrial Park in the Upper Galilee Region of Israel. The establishment of the new site will substantially increase its tobacco plant-processing capacity, enabling it to meet its current pool of commissions emanating from cell-based meat cultivators globally. The new funding also will be applied to broaden BioBetter's product portfolio of growth factors. BioBetter currently is recruiting sufficient new talent to double its workforce.
"Biobetter has the potential to create global and regional impact," enthuses Nisan Zeevi, Director of JVP and VP of Margalit Startup City Galil. "Closer to home, this venture will create a significant new source of income for local farmers. As cellular agricultural expands, we will dedicate some 500 acres here in the galilee of tobacco plantations to support the industry. This also helps growers find new purpose in the burgeoning alternative protein scene following a reduction in smoking over the last decade that has left many tobacco fields idle and tobacco farmers suffering financial loss."
"World population growth, combined with dwindling natural resources, are going to put incredible strain on meat supply—and the already fragile environment—in the coming decades," explains Amit Yaari, PhD, CEO of BioBetter. "Cultivated meat offers a promising solution to these problems and can ensure a more resilient supply chain with better economic and environmental returns.
"Thanks to the Biobetter platform, tobacco is set to make a pivotal comeback as a catalyst for bringing better food security," adds Dana Yarden, MD, co-founder of BioBetter. "As a result of this funding round, we can scale up production in 2023 and expect to go commercial with our tobacco plant-derived, food-grade GF portfolio by 2024."
Biobetter is one of the dozens of food-tech start-ups that work under the umbrella of the new the international foodtech center of Margalit Start-up City Galil launched last year by the globally renowned VC. The new ecosystem was established as part of a strategic move to transform Israel's Galilee region into a new nerve center for Agri-food tech innovation and to engender fruitful collaboration between the network of academic institutions and businesses rooted in these fields that exist in the region.
About BioBetter
BioBetter was founded by Oded Shoseyov, PhD, a serial entrepreneur and researcher at The Hebrew University in Jerusalem; Dana Yarden MD, MBA, a biotech business expert; and Avi Tzur, an industrialist with an avid vision to put tobacco plant to positive use and the first investor in the technology. BioBetter pioneers novel protein expression platforms to address the fast-growing demand for complex recombinant proteins.
The new technology will alleviate one of the biggest bottlenecks in advancing cultured meat to mass production. The start-up previously raised USD5M for its growth factor production platform from private investors, including Institutional VC and Alpha Capital Anstalt. The company participates in the Israel Innovation Authority program and the Good Food Institute, which also helps support the company's financing.
About JVP
JVP, founded in 1993 by Dr. Erel Margalit, is an internationally renowned VC fund. It is among the pioneering firms of the Israeli VC industry and has raised over $1.6bn. Over the years, JVP has built over 160 companies and has been listed numerous times by Preqin, as one of the top-ten consistently performing VC firms worldwide. JVP has been instrumental in building some of the world's largest companies to emerge, facilitating 12 IPOs on NASDAQ, including CyberArk Software ($4.7 billion mkt. cap.), QLIK Technologies ($4 billion mkt. cap.) as well as many large industry sales. Over the past decade, JVP has spearheaded the creation of international Centers of Excellence, including the AI and Media center in Jerusalem, the Cyber center in Beer Sheva, the FoodTech center in the Galilee, and the International Cyber and FinTech center in NYC, in partnership with NYC/EDC and the leading universities of the city. https://www.jvpvc.com.
Company contact
BioBetter
Dana Yarden, Co-Founder
E-mail: info@biobetter.bio
Web: www.biobetter.bio
Press contact
NutriPR
Liat Simha
Tel: +972-9-9742893
E-mail: liat@nutripr.com
Twitter: @LiatSimha
Web: www.nutripr.com
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SOURCE BioBetter | https://www.wibw.com/prnewswire/2022/09/07/biobetter-lands-usd10m-funding-relieve-cultivated-meats-bottleneck-using-tobacco-plants/ | 2022-09-07T12:00:34Z |
MONTEREY, Calif., Aug. 15, 2022 /PRNewswire/ -- At the beginning of August, Retro Stage, a trendy brand dedicated solely to vintage fashion, released exclusive new designer products to help modern women feel the charm of classic styles and lead the way in revitalizing retro aesthetics. These new arrivals feature unique retro-inspired elements, combine cutting-edge and vintage design ideas, and display fine cuts and silhouettes, giving the public more possibilities for distinctive styles. Find out more about the online new product release press conference.
Although everything changes so quickly in today's age, retro fashion will always make a comeback. That's the beauty of the classics: they never go out of style. "Thanks to our talented designers, they take inspiration from the fashionable clothing of the 20th century and bring the classic elements of that clothing to modern women instead of just the women in movies and magazines," the Retro Stage team said.
Butterfly elements have always been favored by retro designers, and designers at Retro Stage do the same. Inspired by dancing butterflies in nature, Retro Stage offers a wide variety of butterfly skirts, from butterfly prints to butterfly embroidery, from monochrome to colorful, and from pencil skirts to swing skirts. According to customers' positive feedback, designers keep bringing forth new ideas with butterflies. In this design activity, they combine butterfly embroidery with delicate mesh tulle to create elegant and romantic dresses, making it easy for people to show off their pure beauty. Meanwhile, this classic element is also applied to rompers and jumpsuits, bringing more options to the public for different places—work events, social gatherings, and even date nights. The best part is that Retro Stage will invite customers with original design ideas to participate in the Design Month activity and present the same butterfly fabric to the customers in a new way to make their design dreams come true.
Flowers are an essential part of life. At Retro Stage, all kinds of flower-themed clothing can be found; bright roses, warm sunflowers, and romantic lavender. In the new arrivals, people can also see the possibility of fresh daisies on the skirt. For example, this White Daisy Dreamer Vintage Dress, fully decorated with lovely daisies in different shapes, can give the wearer an endless sense of wonder as well as a real feeling of nature. Those delicate and lifelike daisy prints are full of vitality, making it seem as if the wearer is surrounded by the fragrance and elegance of flowers.
Polka dots, a classic element at Retro Stage, have been applied to various types of clothing in multiple ways. From black and white to colored dots, from small polka dots to big polka dots, from pencil skirts to fishtail skirts, from swing dresses to jumpsuits, and even swimwear. Retro Stage's designers believe that polka dots always signify youthful and lively attitudes in fashion. Their delightful visual appeal shows off the wearer's positive and enterprising spirit. This time, designers skillfully capture the inspiration of unpredictable polka dot art and mesh, and then apply it to delicate, artistic skirts.
Retro Stage also launches special seasonal red velvet and pumpkin clothing this time. The delicate velvet dress was once a symbol of nobility that stood out at various social gatherings, balls, and court banquets. Nowadays, as seen in the Wine Red Velvet Bodycon Vintage Dress, the red velvet, evoking the ancient trends of the Middle Ages, is a declaration of classicism and aristocracy, a beautiful interpretation of modernity blended with majesty. Full, rich pumpkin color is always warm and sophisticated—especially in autumn when it mimics the harvest sunrise and sunset. Just like the Ruffle Lace-up Fishtail Dress and the Halter Pencil Dress, their pumpkin color evokes a retro flavor and a sense of chic and luxury.
In addition, Retro Stage also introduces leopard-print garments as their innovative design. As seen on the Off-Shoulder Leopard Pencil Dress and Leopard V-Neck Jumpsuit, this spiritual pattern, paired with exquisite cuts and silhouettes, always represents a seamless fusion of retro and modern trends, highlighting the independence and confidence of women.
Retro Stage has always been dedicated to innovation, experimenting with numerous retro-inspired looks, and consistently adding new categories so that the public can find additional fashion inspiration. By using design, they want to express the attitude of appreciating life rather than adhering to traditional fashion trends and bringing interest to clothing through originality and creativity.
"It is the greatest privilege for Retro Stage to work with these talented designers. They keep innovating and seeking inspiration; pick out the most satisfying designs from a number of concepts; then give new definitions to retro style," the Retro Stage team said, "Classics never go out of style, as they are the gifts of history. We will keep retro styles alive and design more surprising vintage-style clothing for our customers to help them pursue elegant and liberating lifestyles."
About Retro Stage
Retro Stage is a popular vintage fashion brand featuring classic clothing and accessories from the 1920s, 1950s, and 1960s. As a vintage style pioneer, Retro Stage is more than a brand; it's also a way of life that helps every customer step into the history of fashion with chic and glamorous retro style. "Beauty never fades," the Retro Stage team said. "All we have to do is encourage women to seek out a better life and confidently embrace their natural beauty."
Instagram: @retrostage_official
Facebook: @RetroStageOfficial
TikTok: @retrostage_us
Twitter: @RetroStagecom
YouTube: Retro Stage
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SOURCE Retro Stage | https://www.wibw.com/prnewswire/2022/08/15/retro-stage-launches-exclusive-new-designer-products-classics-never-go-out-style/ | 2022-08-15T15:51:52Z |
Memorial Weekend rain chances off and on
SARASOTA, Fla. (WWSB) - A weak Low Pressure in the upper atmosphere sits right over Florida this weekend. That Low will enhance our rain chances off and on for a few days, starting with scattered showers Saturday morning to early afternoon. We have a quiet night followed by lower chances for rain Sunday. Guess which day has the best chance for the afternoon and evening storms? That would be Monday for Memorial Day. From 2pm on Monday thunderstorms could start popping up, so having an indoor Plan B is a great idea. Even if you don’t get a rain shower over you Monday, lightning is still a risk from storms that could develop. Rain chances are lower for the workweek, but as we move into June on Wednesday, which means getting more into rainy season, isolated afternoon storms are possible every day.
So far tropical weather is quiet. This could be the first year since 2014 with no named tropical storms in May, before the official start of hurricane season on June 1st!
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/28/memorial-weekend-rain-chances-off/ | 2022-05-28T10:11:10Z |
PITTSBURGH, July 11, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend on its common shares. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT).
The fund has commenced a three-year special terms period with respect to its Variable Rate Municipal Term Preferred Shares, Series 2019, during which it will pay dividends on such shares at a fixed spread over a prevailing short-term tax-exempt rate.
Investors can view additional portfolio information in the Products section of FederatedInvestors.com.
Federated Hermes, Inc. is a global leader in active, responsible investment management, with $631.1 billion in assets under management, as of March 31, 2022. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has nearly 2,000 employees in London, New York and offices worldwide. For more information, visit FederatedHermes.com.
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SOURCE Federated Hermes, Inc. | https://www.kxii.com/prnewswire/2022/07/11/federated-hermes-premier-municipal-income-fund-declares-dividend/ | 2022-07-11T13:52:39Z |
Families celebrate Easter weekend with egg hunts
SHERMAN, Texas (KXII) - Its Easter weekend and you know what that means, eggs hunts, candy and quality time with loved ones.
“On your mark, get set, hunt,” shouted Post Oak Fellowship Pastor, Randy Shoulders.
Come rain or shine, families around Texoma took to the outdoors this weekend to have some fun.
“Everybody loves egg hunts, I grew up with egg hunts,” Shoulders said.
On Saturday, Post Oak Fellowship held their first annual egg hunt.
“This is just a great event for us to just take care of our community, show them we love them and want them to enjoy life,” said Shoulders.
In addition to the 5,000 eggs to be collected, attendees enjoyed food, games and raffles.
“There’s ring toss, bean bag throws, we have face painting,” said Jamie Reason, Post Oak Fellowship Director.
Hunters also took to the water for an untraditional egg hunt.
“We have eggs that are floating on the top for some of the younger ones and then we have sunken ones for them to practice their dive skills in a safe, protected manor,” said Dori Smith, Aquatics Program Coordinator.
In Denison, Waterloo pool celebrated its second annual underwater egg hunt. In honor of Denison’s 150 birthday, 150 golden prized eggs were amongst the 4,500 eggs spread out in the water.
“The prizes are very sweet, we have some baskets and some goodies stuff, lots of candy, of course you know can never get enough candy,” said Smith.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/04/17/families-celebrate-easter-weekend-with-egg-hunts/ | 2022-04-17T23:09:39Z |
MORRISVILLE, N.C., Aug. 18, 2022 /PRNewswire/ -- JupiterOne, the industry's leading provider of cyber asset attack surface management (CAASM) technology, today announced that it was named as a Sample Vendor for CAASM in the latest release of the Gartner Hype Cycle for Cyber Risk Management, 2022.
According to Gartner, "In 2022, the global risk landscape continues to be impacted by the ongoing COVID-19 pandemic conditions, the Russian invasion of Ukraine, labor shortage, worsening climate change, and inflation. In particular, the increased inflation rate and labor market tightness mean that organizations must do more with fewer resources."
The Gartner report notes that security and risk management (SRM) leaders continue to struggle to:
- "Position risk management as a decision-making practice. Either because of their rigid focus on framework-based controls or inability to scale their security and risk controls for individual projects
- Inform cyber and technology decisions in an ever-expanding operating ecosystem
- Gain sufficient transparency in evaluating environmental, social and governance risks and incidents, local and worldwide.
- Mitigate global supply chain risks as these risks continue to form a web of complexity and volatility.
- Look for ways to automate and inform risk assessment with data-driven insights."
One solution category that addresses these challenges is the cyber asset attack surface management (CAASM) space, where solutions aggregate and track assets such as endpoints, servers, devices, and applications. By consolidating internal and external cyber assets, users can use queries to find gaps in coverage for security tools such as vulnerability assessment and endpoint detection and response (EDR) tools. JupiterOne pioneered a graph-based approach to CAASM that allows customers to track and monitor IP addresses and analyze and map all intra-asset relationships.
As the Gartner analysts explained, "CAASM enables security teams to improve basic security hygiene by ensuring security controls, security posture, and asset exposure are understood and remediated. Organizations that deploy CAASM reduce dependencies on homegrown systems and manual collection processes, and remediate gaps either manually or via automated workflows. Organizations can visualize security tool coverage, support attack surface management (ASM) processes, and correct systems of record that may have stale or missing data."
The drivers of CAASM adoption, according to Gartner, include:
- "Full visibility into all information technology (IT), Internet of Things (IoT) and operational technology (OT) assets under an organization's control, which improves understanding of the attack surface area and existing security control gaps or serves as part of a wider ASM process.
- Quicker audit compliance reporting through more accurate, current and comprehensive asset and security control reports.
- Consolidation of existing products that collect asset and exposure information into a single normalized view, which reduces the need for manual processes or dependencies on homegrown applications.
- Access to consolidated asset views for multiple individuals and teams across an organization, such as enterprise architects, security operations teams and IT administrators, who can benefit from viewing and querying consolidated asset inventories with a view to achieving business objectives."
The recent Gartner report on Top Trends in Cybersecurity 2022 cited "Attack Surface Expansion" as one of the year's top security trends resulting from the expanding digital footprint of modern organizations. According to the report, "A dramatic increase in attack surface is emerging from changes in the use of digital systems, such as new hybrid work, accelerated use of public cloud, more tightly interconnected supply chains, expansion of public-facing digital assets and increased use of operational technology." In our opinion, security leaders who reinvent the cybersecurity function and technology architecture can better position their organizations to maintain and grow value in an increasingly agile, distributed, and decentralized environment.
JupiterOne was named a Sample Vendor for CAASM in the latest release of the Gartner Hype Cycle for Security Operations, 2022. The report is available for complimentary download from JupiterOne.
Additionally, Gartner recognized JupiterOne as a Representative Provider for CAASM in the Innovation Insights for Attack Surface Management and as a Sample Vendor in the Gartner Hype Cycle for Workload and Network Security, 2022 research reports.
Quotes
Erkang Zheng, Founder and CEO at JupiterOne
"JupiterOne is honored to receive yet another recognition from Gartner. Right now, the world is full of uncertainty, making it challenging to conduct business. More than ever, businesses must prioritize effective security measures. Security leaders can get invaluable insights by tracking their assets and making efficient use of their resources. Overall, organizations can make better data-driven business decisions while keeping security risks in mind."
Related Links
- Blog: Gartner Shares Innovative Tech for Your Shifting Attack Surface
- Resource: Gartner Hype Cycle for Security Operations, 2022 Andrew Davies, July 5, 2022
- Resource: Gartner, Top Trends in Cybersecurity 2022, Peter Firstbrook, Sam Olyaei, Pete Shoard, Katell Thielemann, Mary Ruddy, Felix Gaehtgens, Richard Addiscott, William Candrick, 18 February 2022.
- Resource: Gartner, Hype Cycle for Workload and Network Security, 2022, Charlie Winckless, 27 July 2022.
- Resource: Gartner, Hype Cycle for Cyber Risk Management, 2022, Jie Zhang, Deepti Gopal, 27 July 2022.
- Resource: Gartner, Innovation Insight for Attack Surface Management, Mitchell Schneider, John Watts, Pete Shoard, 24 March 2022.
Follow
- Twitter: @JupiterOne
- LinkedIn: JupiterOne
- YouTube: JupiterOne
Gartner Disclaimer
Gartner does not endorse any vendor, product, or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner and Hype Cycle are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About JupiterOne
JupiterOne is a cyber asset attack surface management (CAASM) platform company providing visibility and security into your entire cyber asset universe. Using graphs and relationships, JupiterOne provides a contextual knowledge base for an organization's cyber asset operations. With JupiterOne, teams can discover, monitor, understand, and act on changes in their digital environments. Cloud resources, ephemeral devices, identities, access rights, code, pull requests, and much more are collected, graphed, and monitored automatically by JupiterOne.
Contact:
Nathaniel Hawthorne for JupiterOne
Lumina Communications
(661) 965-0407
JupiterOne@LuminaPR.com
Melissa Pereira
Director of Communications, JupiterOne
(833) 578-7663
pr@jupiterone.com
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SOURCE JupiterOne | https://www.mysuncoast.com/prnewswire/2022/08/18/jupiterone-recognized-sample-vendor-cyber-asset-attack-surface-management-caasm-gartner-hype-cycle-cyber-risk-management-2022/ | 2022-08-18T12:38:35Z |
WASHINGTON (AP) — Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike by the Federal Reserve, with higher borrowing costs to follow.
Consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981, and up from an 8.6% jump in May. On a monthly basis, prices rose 1.3% from May to June, another substantial increase, after prices had jumped 1% from April to May.
The ongoing price increases underscore the brutal impact that inflation has inflicted on many families, with the costs of necessities, in particular, rising much faster than average incomes. Lower-income and Black and Hispanic Americans have been hit especially hard, because a disproportionate share of their income goes toward such essentials as housing, transportation and food.
Some economists have held out hope that inflation might be reaching or nearing a short-term peak. Gas prices, for example, have fallen from the eye-watering $5 a gallon reached in mid-June to an average of $4.66 nationwide as of Tuesday — still far higher than a year ago but a drop that could help slow inflation for July and possibly August.
In addition, shipping costs and commodity prices have begun to fall. Pay increases have slowed. And surveys show that Americans’ expectations for inflation over the long run have eased — a trend that often points to more moderate price increases over time.
Yet for now, the relentless spike in inflation has caused a steep drop in consumers’ confidence in the economy, sent President Joe Biden’s approval ratings tumbling and posed a major political threat to Democrats in the November congressional elections. Forty percent of adults said in a June AP-NORC poll that they thought tackling inflation should be a top government priority this year, up from just 14% who said so in December.
In the immediate aftermath of the 2020 pandemic recession, as Americans focused their spending on items for the home, like furniture, appliances and exercise equipment, supply chains became overwhelmed and prices for physical goods soared. But as consumer spending has gradually shifted away from goods and toward services like vacation travel, restaurants meals, movies, concerts and sporting events, some of the highest price increases have occurred in services.
Housing, in particular, has been seized by some of the highest inflation rates in the economy, causing hardships for many. A shortage of houses for sale has sent home prices skyrocketing just as mortgage rates have also soared.
With many people priced out of the market for houses and looking instead to rent, demand for apartments has sent rental rates beyond affordable levels. The national median home price jumped 14.8% in May from a year earlier to $407,600. That’s an all-time high according to data to 1999, according to the National Association of Realtors.
The persistence of high inflation has unnerved Chair Jerome Powell and other Fed officials, who are engaged in the fastest series of rate hikes since the late 1980s to try to slow the price spikes. The central bank is expected to raise its key short-term rate later this month by a hefty three-quarters of a point, as it did last month, with potentially more large rate hikes to follow.
Powell has stressed that the central bank wants to see “compelling evidence” that inflation is slowing before it would dial back its rate hikes. Such evidence would need to be a “series of declining monthly inflation readings,” Powell said at a news conference last month.
Many economists worry that the Fed’s drive to quell inflation will cause it to tighten credit too aggressively even while the economy, by some measures, is slowing. Much higher borrowing costs could trigger a recession, potentially by next year.
Consumers have started to pull back on spending, home sales are falling as mortgage rates rise and factory output slipped in May. Yet steadily robust job growth points to an economy that is still expanding, with little sign of an imminent recession.
Though inflation is likely to slow later this year, it’s not clear by how much. Oil prices fell Tuesday to about $96 a barrel. And other commodities, including metals such as copper, have also become less expensive, mostly because of recession fears in both the United States and Europe.
With fewer ships stuck at the Port of Los Angeles and Long Beach, America’s largest, shipping costs for international freight have fallen. Wholesale gas prices have fallen to about $3.40 a gallon, which suggests that retail prices could drop to as low as $4.20 by August, according to Omair Sharif, founder of Inflation Insights.
And wholesale used car prices are also falling, which point to declining used car prices in the coming months.
Yet plenty of items are still rising in price, notably apartment rents. The average cost of new leases has jumped 14% in the past year, according to real estate brokerage Redfin, to an average of $2,016 a month.
Rents as measured by the government’s inflation index have risen more slowly because they include all rents, including existing leases. But economists expect the rising expense of new leases to send the government’s inflation measure higher in coming months.
Inflation has spiked overseas as well. It reached 9.1% in the United Kingdom in May, the highest level in four decades, driven mostly by higher gas and food prices. Annual inflation in the eurozone’s 19 countries hit 8.6% in June, surging past the 8.1% recorded in May. Inflation is now at its highest level since recordkeeping for the euro began in 1997. | https://cw33.com/news/nexstar-media-wire/us-inflation-rose-9-1-in-june-reached-new-40-year-high/ | 2022-07-13T14:16:58Z |
TUCSON, Ariz., Aug. 26, 2022 /PRNewswire/ -- Raytheon Missiles & Defense, a Raytheon Technologies (NYSE: RTX) business, was awarded a $182 million contract for the National Advanced Surface-to-Air Missile System, also known as NASAMS™, a highly adaptable mid-range air defense solution. These systems are expected to be provided to Ukraine in response to that nation's need to defend against advanced air threats.
"Raytheon Missiles & Defense and our partners are working diligently to quickly deliver this critical, proven air defense capability to help the Ukrainian people defend their homeland," said Tom Laliberty, president of Land Warfare & Air Defense, a Raytheon Missiles & Defense business area. "Ukraine will join a dozen nations around the globe who rely on NASAMS to defeat a multitude of threats, including cruise missiles, aircraft, and unmanned systems."
Jointly developed and produced by RMD and Norway's Kongsberg Defence & Aerospace, NASAMS consists of the Sentinel radar, Advanced Medium Range Air-to-Air Missile, and KDA's Fire Distribution Center. NASAMS provides air defenders with a tailorable, state-of-the-art defense system that can maximize their ability to identify, engage and destroy current and evolving enemy aircraft, unmanned aerial vehicles and emerging cruise missile threats.
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, Virginia.
Media Contact
Carolyn Beaudry
RMDPR@rtx.com
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SOURCE Raytheon Missiles & Defense | https://www.mysuncoast.com/prnewswire/2022/08/26/us-army-awards-raytheon-missiles-amp-defense-182-million-nasams-contract-ukraine/ | 2022-08-27T10:34:41Z |
TOKYO, May 18, 2022 /PRNewswire/ -- OriCiro Genomics K.K. a pioneer in cell-free synthesis and amplification of genome-scale large DNA for advanced therapeutics and synthetic biology, today announced the open US office in North America.
In the midst of the genomic revolution, OriCiro is on a mission to Accelerating the Bioeconomy through innovative DNA technologies.
OriCiro has rapidly developed its cell-free cloning technology over the past two years, launching three cell-free DNA tools as reagent kits and 700 reagent kits have been sold worldwide so far.
At the same time, OriCiro has expanded custom services to accept up to 200 kb size of DNA. They have been ordered and delivered for seven projects that were failure or difficult to synthesize using PCR or cell-based cloning methods. 60% of their sales come from customer outside of Japan.
To further expand their business, OriCiro is entering North America, the largest market in the life science industry.
The US office will cover North America and Canada. They already have a sales force in place. They can accept order directly from those territories and customers in the following product and services.
OriCiro Cell-Free Cloning system
- Multiple fragments can be assembled and amplified up to 50 kb circular DNA
- Efficient amplification of repeat sequence, GC rich and cytotoxic sequence
- 10,000 times more accurate amplification vs PCR (Taq polymerase)
OriCiro Cell-Free Switching system
- Skip primer design, and simply mix your plasmid in the tube reaction
- Applicable to pUC-, pET- and pGEM-based vectors of 4-13 kb
- Efficient cloning for cytotoxic sequences
Custom service
- Amplification of long DNA (up to 200kb) and sequences difficult to amplify by PCR or E.coli
- Making a library of Plasmid DNA for transfection
- Phage/Virus genome production, DNA repair templates for gene editing in T cells therapy
For more information, please visit https://www.oriciro.com/.
About OriCiro Genomics
OriCiro is focused on the development and commercialization of cell-free synthesis and amplification technology of genome-scale large DNA for applications in gene/cell-based therapy and synthetic biology. OriCiro's proprietary technology is positioned to unlock the possibility of advanced therapy and synthetic biology by providing a powerful tool used for research, development and manufacturing in multiple industries including pharmaceutical, diagnostics, agriculture and food sectors. The company is located in Tokyo, Japan.
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SOURCE OriCiro Genomics, Inc. | https://www.kxii.com/prnewswire/2022/05/18/oriciro-genomics-expand-into-boston-open-new-office-north-america/ | 2022-05-18T15:19:24Z |
TAMPA BAY, Fla., April 12, 2022 /PRNewswire/ -- TeamViewer, a global leading provider of remote connectivity and workplace digitalization solutions, today announced that its connectivity solution is integrated into the professional aerial drones provided by SB C&S (SoftBank Commerce & Service). TeamViewer's software enables the real-time sharing of aerial video and audio streams captured by the drones' cameras to multiple remotely connected devices. Commercial use cases for this technology include for example joint infrastructure inspections, as well as joint aerial inspection of disaster sites or other locations that are difficult to access.
Via TeamViewer's solution, images or videos captured by the drone-carried camera can be seamlessly streamed to multiple remotely connected devices through a 4G or LTE mobile network. Also, the images from devices such as infrared cameras for temperature measurements or LiDARs could be transmitted and streamed through the solution.
Katsumi Moriya, Vice President, Deputy Head of ICT Unit, Head of Cloud Service Promotion Division, Cloud Service Unit at SB C&S, said: "In recent years, there has been an increasing need to remotely check real-time video footage of aerial photography using drones and to give instructions directly to the operator. We are pleased that we can now offer this effective utilization of our drones together with TeamViewer. We will continue solving customer issues together with TeamViewer in response to the rapidly increasing need for aerial drones in different kinds of scenarios."
"The real-time aerial imagery transmissions enable people located in different parts of the world to efficiently work together on exploring remote locations", said Sojung Lee, President APAC at TeamViewer. "Although our solution is perfectly working with 4G and LTE networks, the worldwide introduction of 5G networks will enable various additional use cases, with even higher image resolutions and larger amounts of data to be transmitted and shared in real-time. We are happy to work with our strong partner SB C&S to address challenges and explore use cases of various customers from industry as well as public authorities."
About TeamViewer
TeamViewer is a leading global technology company that provides a connectivity platform to remotely access, control, manage, monitor, and repair devices of any kind – from laptops and mobile phones to industrial machines and robots. Although TeamViewer is free of charge for private use, it has more than 625,000 subscribers and enables companies of all sizes and from all industries to digitize their business-critical processes through seamless connectivity. Against the backdrop of global megatrends like device proliferation, automation and new work, TeamViewer proactively shapes digital transformation and continuously innovates in the fields of Augmented Reality, Internet of Things and Artificial Intelligence. Since the company's foundation in 2005, TeamViewer's software has been installed on more than 2.5 billion devices around the world. The company is headquartered in Goppingen, Germany, and employs around 1,500 people globally. In 2021, TeamViewer achieved billings of EUR 548 million. TeamViewer AG (TMV) is listed at Frankfurt Stock Exchange and belongs to the MDAX. Further information can be found at www.teamviewer.com.
About SB C&S
SB C&S Corp. provides a wide range of services by harnessing the synergies of the SoftBank Group, including the business of distributing IT-related commodities, the operations of which is where it all began for the SoftBank Group, as well as the manufacture and sales of mobile accessories and IoT equipment, the provision of various cloud-computing services and ICT solutions, and the operations of Web services and a purchasing-support business. Visit our website for more information. https://cas.softbank.jp/en/
Press Contact
Julia Gottschalk
Tel.: +49 7161 60692 3895
E-mail: press@teamviewer.com
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SOURCE TeamViewer | https://www.kxii.com/prnewswire/2022/04/12/teamviewer-enables-real-time-remote-video-sharing-industrial-aerial-drones-by-sb-camps-softbank-commerce-amp-service/ | 2022-04-12T15:16:10Z |
RALEIGH, N.C., Aug. 3, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the second quarter ended June 30, 2022.
"I am proud of the operating discipline that enabled us to deliver results that exceeded expectations on both the top and bottom line. Our second quarter results and customer wins demonstrate our execution and focus on serving enterprise customers amidst an uncertain macroeconomic environment," said David Morken, Bandwidth's Chief Executive Officer. "I am confident we are well positioned because we provide mission-critical cloud communications that reduce costs for large enterprises."
Second Quarter 2022 Financial Highlights
The following table summarizes the consolidated financial highlights for the three months ended June 30, 2022 and 2021 (in millions, except per share amounts). (1)
"Our over performance in the second quarter demonstrates that we continue to execute through the isolated customer headwinds we previously discussed," said Daryl Raiford, Chief Financial Officer of Bandwidth. "While we have now over-achieved expectations in the first two quarters of this year, we recognize the macroeconomic conditions remain uncertain. Accordingly, as a measure of prudence, we are maintaining our revenue and profitability outlook for the full year."
Second Quarter Customer and Operational Highlights
- A top U.S. bank, one of the largest issuers of Visa and Mastercard credit cards in the U.S., migrated an additional business unit's contact center to Bandwidth to leverage the power of the Bandwidth platform and our expanding enterprise contact center ecosystem.
- Four large enterprises spanning retail, healthcare, Fortune 500 global manufacturing and contact center outsourcing chose Bandwidth to power their Genesys contact centers in the cloud, an affirmation of our collaborative, co-creation mentality, enterprise-grade CPaaS platform and global network.
- A company that provides technology support for state credit unions selected Five9 and Bandwidth to modernize its contact center. Bandwidth's integrations with best-in-class cloud contact center technologies and operational excellence streamlined this customer's journey to the cloud.
- One of the largest and fastest-growing text messaging commerce companies turned to Bandwidth because of our ability to reliably deliver at scale, our APIs, and our customer experience.
- Bandwidth achieved global accreditation with its ISO 27001:2013 certification extending the gold standard in information security management from its North American network to its entire global network. Bandwidth is the only global cloud communications platform to achieve this accreditation. Additionally, Bandwidth has now completely implemented STIR/SHAKEN throughout our IP network.
Financial Outlook
Bandwidth's outlook assumes a continuation of current business conditions, current foreign currency exchange rates, and includes the impact of recent divestitures and an estimated impact of $16 million - $24 million in 2022 arising from the previously disclosed DDoS attacks in 2021. Bandwidth is providing guidance for its third quarter and full year 2022 as follows:
Bandwidth has not reconciled its third quarter and full-year guidance related to non-GAAP net earnings or loss to GAAP net earnings or loss and non-GAAP earnings or loss per share to GAAP earnings or loss, because stock-based compensation cannot be reasonably calculated or predicted at this time. Accordingly, a reconciliation is not available without unreasonable effort.
Upcoming Investor Conference Schedule
- Canaccord Genuity 42nd Annual Growth Conference in Boston, MA. Fireside chat on Wednesday, August 10 at 12:30PM Eastern Time.
Live webcasts and replays of the presentation will be available on the Investor Relations section of the Bandwidth's website at https://investors.bandwidth.com.
About Bandwidth Inc.
Bandwidth (NASDAQ: BAND) is a global communications software company that helps enterprises connect people around the world with cloud-ready voice, messaging and emergency services. Backed by a network reaching 60+ countries covering 90 percent of global GDP, companies like Cisco, Google, Microsoft, RingCentral, Uber and Zoom use Bandwidth's APIs to easily embed communications into software and applications. Bandwidth has more than 20 years in the technology space and was the first Communications Platform-as-a-Service (CPaaS) provider offering a robust selection of APIs built on our own global network. Our award-winning support teams help businesses around the world solve complex communications challenges every day. More information is available at www.bandwidth.com.
Conference Call
Conference call to discuss Bandwidth's financial results for the second quarter ended June 30, 2022 on August 3, 2022, via the investor section of its website at https://investors.bandwidth.com where a replay will also be available shortly following the conference call.
Conference Call Details
August 3, 2022
5:00 pm ET
Domestic dial-in:
800-926-9174
International dial-in:
212-231-2920
Replay information
An audio replay of this conference call will be available through August 10, 2022, by dialing (844) 512-2921 or (412) 317-6671 for international callers, and entering passcode 22019850.
Forward-Looking Statements
This press release includes forward-looking statements. All statements contained in this press release other than statements of historical facts, including, without limitation, future financial and business performance for the quarter ending September 30, 2022 and year ending December 31, 2022, the success of our product offerings and our platform, the value proposition of our products, and our assessment of the impact of the distributed denial of service ("DDoS") attacks discussed herein and in previous press releases are forward-looking statements. The words "anticipate," "believe," "continue," "estimate," "expect," "intend," "guide," "may," "will" and similar expressions and their negatives are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, including, without limitation, risks related to our rapid growth and ability to sustain our revenue growth rate, competition in the markets in which we operate, market growth, our ability to innovate and manage our growth, our ability to expand effectively into new markets, macroeconomic conditions both in the U.S. and globally, legal, reputational and financial risks which may result from the DDoS attacks or other cybersecurity incidents, risks that the anticipated benefits of the acquisition of Voxbone may not be fully realized or may take longer to realize than expected, our ability to operate in compliance with applicable laws, as well as other risks and uncertainties set forth in the "Risk Factors" section of our latest Form 10-K filed with the Securities and Exchange Commission and any subsequent reports that we file with the Securities and Exchange Commission. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, we cannot guarantee future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. We are under no obligation to update any of these forward-looking statements after the date of this press release to conform these statements to actual results or revised expectations, except as required by law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.
Non-GAAP Financial Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with Generally Accepted Accounting Principles in the United States, or GAAP, we provide investors with certain non-GAAP financial measures and other business metrics, which we believe are helpful to our investors. We use these Non-GAAP financial measures and other business metrics for financial and operational decision-making purposes and as a means to evaluate period-to-period comparisons. We believe that these Non-GAAP financial measures and other business metrics provide useful information about our operating results, enhance the overall understanding of past financial performance and future prospects and allow for greater transparency with respect to metrics used by our management in its financial and operational decision-making.
The presentation of Non-GAAP financial information and other business metrics is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with GAAP. While our Non-GAAP financial measures and other business metrics are an important tool for financial and operational decision-making and for evaluating our own operating results over different periods of time, we urge investors to review the reconciliation of these financial measures to the comparable GAAP financial measures included above, and not to rely on any single financial measure to evaluate our business.
We define Non-GAAP gross profit as gross profit after adding back depreciation, amortization of acquired intangible assets related to acquisitions and stock-based compensation. We add back depreciation, amortization of acquired intangible assets related to acquisitions and stock-based compensation because they are non-cash items. We eliminate the impact of these non-cash items, because we do not consider them indicative of our core operating performance. Their exclusion facilitates comparisons of our operating performance on a period-to-period basis. Therefore, we believe that showing gross margin, as adjusted to remove the impact of these non-cash expenses, such as depreciation, amortization of acquired intangible assets related to acquisitions and stock-based compensation, is helpful to investors in assessing our gross profit and gross margin performance in a way that is similar to how management assesses our performance. We calculate Non-GAAP gross margin by dividing Non-GAAP gross profit by revenue less pass-through messaging surcharges, expressed as a percentage of revenue.
We define Non-GAAP net (loss) income as net (loss) income adjusted for certain items affecting period to period comparability. Non-GAAP net (loss) income excludes stock-based compensation, amortization of acquired intangible asset related to acquisitions, amortization of debt discount and issuance costs for convertible debt, acquisition related expenses, impairment charges of intangibles assets, loss (gain) on sale of business, loss (gain) on disposal of property and equipment, net cost associated with early lease terminations and leases without economic benefit, estimated tax impact of above adjustments, net of valuation allowances.
We define adjusted EBITDA as net (loss) income adjusted to reflect the addition or elimination of certain statement of operations items including, but not limited to: income tax (benefit) provision, interest (income) expense, net, depreciation and amortization expense, acquisition related expenses, stock-based compensation expense, impairment of intangible assets, loss (gain) on sale of business, loss (gain) from disposal of property and equipment and net cost associated with early lease terminations and leases without economic benefit. We have presented Adjusted EBITDA because it is a key measure used by our management and board of directors to understand and evaluate our core operating performance and trends, generate future operating plans, and make strategic decisions regarding the allocation of capital. In particular, we believe that the exclusion of certain items in calculating Adjusted EBITDA can produce a useful measure for period-to-period comparisons of our business.
We define free cash flow as net cash provided by or used in operating activities less net cash used in the acquisition of property and equipment and capitalized development costs for software for internal use. We believe free cash flow is a useful indicator of liquidity and provides information to management and investors about the amount of cash generated from our core operations that can be used for investing in our business. Free cash flow has certain limitations in that it does not represent the total increase or decrease in the cash balance for the period, it does not take into consideration investment in long-term securities, nor does it represent the residual cash flows available for discretionary expenditures. Therefore, it is important to evaluate free cash flow along with our consolidated statements of cash flows.
We believe that these Non-GAAP financial measures provide useful information about our operating results, enhance the overall understanding of past financial performance and future prospects and allow for greater transparency with respect to metrics used by our management in its financial and operational decision-making.
While a reconciliation of Non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis as a result of the uncertainty regarding, and the potential variability of, many of these costs and expenses that we may incur in the future, we have provided a reconciliation of Non-GAAP financial measures and other business metrics to the nearest comparable GAAP measures in the accompanying financial statement tables included in this press release.
We define an active customer account at the end of any period as an individual account, as identified by a unique account identifier, for which we have recognized at least $100 of revenue in the last month of the period. We believe usage of our platform by an active customer at or above the $100 per month threshold is a stronger indicator of potential future engagement than trial usage at levels below $100 per month. A single organization may constitute multiple unique active customer accounts if it has multiple unique account identifiers, each of which is treated as a separate active customer account. Customers who pay after using our platform and customers that have credit balances are included in the number of active customer accounts.
To calculate the dollar-based net retention rate, we first identify the cohort of customers that generate revenue and that were customers in the same quarter of the prior year. The dollar-based net retention rate is obtained by dividing the revenue generated from that cohort in a quarter, by the revenue generated from that same cohort in the corresponding quarter in the prior year. The dollar-based net retention rate reported in a quarter is then obtained by averaging the result from that quarter, by the corresponding results from each of the prior three quarters. Customers of acquired businesses are included in the subsequent year's calendar quarter of acquisition. Our dollar-based net retention rate increases when such customers increase usage of a product, extend usage of a product to new applications or adopt a new product. Our dollar-based net retention rate decreases when such customers cease or reduce usage of a product or when we lower prices on our solutions. For comparative purposes, the dollar-based net retention rate presented herein has been updated to reflect the change in our reporting segments.
Cost Alignment
During the quarter ended March 31, 2022, Bandwidth changed its presentation of certain costs to align with the definitions of cost of revenue, research and development, sales and marketing, and general and administrative expenses used by many of our peers. As part of the benchmarked definitions, Bandwidth has included allocations of facilities and shared IT costs based on employee headcount within the cost of revenue, research and development, sales and marketing, and general and administrative expense categories.
Additionally, expense related to our product management function is now included in research and development rather than general and administrative as previously reported and the customer billing and collections function and amortization of acquired customer relationship intangible assets is now included in sales and marketing rather than general and administrative as previously reported. Management believes use of the benchmarked definitions will enhance the comparability of our performance to that of our peers. Financial data from prior periods have been conformed to the current definitions of cost of revenue, research and development, sales and marketing, and general and administrative expenses. There was no impact to revenue or net income for any periods presented. The condensed consolidated balance sheets, condensed consolidated statements of changes in stockholders' equity, and condensed consolidated statements of cash flows are not affected by these changes.
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SOURCE Bandwidth Inc. | https://www.wibw.com/prnewswire/2022/08/03/bandwidth-announces-second-quarter-2022-financial-results-exceeding-guidance/ | 2022-08-03T20:32:48Z |
12 Startup Founders Highlighted at Event Designed to Spur Technology Innovation in Africa
AUSTIN, Texas, June 10, 2022 /PRNewswire/ -- Flapmax, in partnership with Microsoft, announced this week the launch of the FAST Accelerator Founder Series, showcasing the work of its FAST Accelerator program graduates – 12 startup founders representing countries across Africa. The 12-week accelerator program, created to help African startups scale more sustainably, launched this year with participants chosen from 800 applicants.
The event highlighted the impact of participation in the FAST Accelerator Program, with startup founders strengthening their business development, marketing, and growth plans. Together with Microsoft, Flapmax will continue to support these startup founders, including with cloud support and go-to-market, AI integration, and a host of other services.
FAST Accelerator startup participants were chosen from over 800 applications, representing diverse industries, including education, fintech, agtech, sustainability and health. The innovations developed by the startups address the United Nations' Sustainable Development Goals (SDGs) bothering on equality, education, and poverty reduction, among others.
The FAST Accelerator Founder Series is designed to amplify African startups, share how their founders are leveraging technology to scale sustainable operations, highlight the solutions being offered by diverse entrepreneurs across Africa, expand startup brand recognition, and build a global community of brand ambassadors. The first FAST Accelerator Founder Series event, held to mark the culmination of the 12-week accelerator program, included:
- Mustapha Suberu, Capsa Technology, who shared that the FAST Accelerator training program was a sort of mini-MBA
- Vincent Okeke, LegitCar, who shared that participation in the FAST Program led to an uptick in brand awareness, exposure of their product, and increase in their business development activities
- Ryan Panderis, Lynkwise's founder, said working on Microsoft product integrations was impactful as much as the networking opportunity provided by Flapmax was a huge success to their business expansion throughout Africa
- Jesse Mutimba, from KaCyber said they greatly appreciated the Azure Credits and talented interns provided as part of FAST, stating that the program delivered a quicker digital transformation and much faster traction for their business at a scale larger than they initially thought they would.
Other founders represented at the event were Edwin Lubanga – Snark Health, Karim Amer – VAIS, Dominique Kavuisya – Taimba, Lekan Omotosho – Pade, Dayo Adeniran – DayDone, Ronald Mutuku – Silqu, Paulus Indongo – K-12Plus, and Dr. Trish – Tumaini La Maisha.
"We were proud to share the work of each graduate of our first program, and hope their success inspires the next generation of entrepreneurs," said Dave Ojika, CEO, Flapmax. "In addition to the next cohort of Accelerator participants, the Founders Series will continue to shine a light on the work of entrepreneurs across Africa. We are already planning a demo day to come this fall."
Representing Microsoft at the event, EduAbasi Chukwunweike, Partner Development Manager at Microsoft-Cloud, shared, "Microsoft offers solutions focused on enhancing the growth of startups in Africa, and these informed the recent intervention programs in form of acceleration, incubation, and access to Microsoft enterprise solutions to Startups across Africa."
FAST is interested in helping all 800 startup founders who applied for the first accelerator program grow sustainably, as well as new business-to-business startups and subject matter experts in Africa, inclusive of small and medium-sized enterprises (SMEs), communities and governments.
Learn more: https://www.fastaccelerator.com
Email: team@fastaccelerator.com
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SOURCE Flapmax | https://www.kxii.com/prnewswire/2022/06/10/microsoft-flapmax-highlight-tech-solutions-addressing-un-sustainable-development-goals-with-fast-accelerator-founder-series/ | 2022-06-10T18:55:53Z |
LONG ISLAND CITY, N.Y., July 22, 2022 /PRNewswire/ -- Fidelis Care, a health plan serving more than 2.5 million members across New York State, is proud to announce the continuation of a long-standing partnership with New York City Football Club (NYCFC), the reigning champion of Major League Soccer. As NYCFC's official health insurance partner, Fidelis Care is working with the team to promote health and wellness in local communities.
Highlighting the partnership is "Free Football for All," a unique youth soccer program offering free soccer clinics across New York City boroughs, Long Island, and Westchester County. Launched in 2021, Free Football for All has already reached more than 1,500 children and continues to attract youth ages 7-14 with the opportunity to play soccer and learn teamwork and leadership skills in safe, outdoor settings – all at no cost for families. Families interested in registering may visit https://www.nycfc.com/youth/freefootball.
"Fidelis Care is proud to extend our partnership with New York City Football Club," said Pam Hassen, Chief Member Engagement Officer. "As a leading local health plan, our goal is to promote the importance of health and wellness not only for our members, but also for communities across the greater metropolitan area. We value the relationship with NYCFC and look forward to providing even more children with safe spaces for play and connection through the sport of soccer."
Fidelis Care will also be the presenting partner of the annual Soccer Bloc Party, a community festival that uses the power of soccer to connect, educate, and celebrate children and families across New York City. Co-hosted with NYCFC, the Soccer Bloc Party will take place at one of the 50 New York City Soccer Initiative (NYCSI) mini pitches. The annual event will feature food, entertainment, and soccer, bringing families together to play, celebrate diversity, and focus on health and wellness.
"Fidelis Care has been an incredible partner of New York City Football Club since 2017. We love working with like-minded organizations to create programs that add value to the communities we serve. Through the 'Free Football For All' program, we've reached over 1,500 children throughout the New York City metropolitan area and given kids the opportunity to enjoy our sport and learn important life skills. We're excited to renew our partnership and are committed to helping even more children," said Andres Gonzalez, NYCFC Vice President of Partnerships.
Additionally, Fidelis Care Representatives will be present at select NYCFC games to provide parents with information about quality, affordable health insurance and answer questions.
About Fidelis Care:
Fidelis Care is a mission-driven health plan offering quality, affordable coverage for children and adults of all ages and at all stages of life. With more than 2.5 million members statewide, Fidelis Care believes that all New Yorkers should have access to affordable, quality health insurance. Follow us on LinkedIn at linked.com/fideliscare, on Twitter at @fideliscare, Instagram at @fideliscare, and on Facebook at facebook.com/fideliscare. For more information, call Fidelis Care at 1-888-FIDELIS (1-888-343-3547) or visit fideliscare.org.
About New York City Football Club:
New York City Football Club (NYCFC) is an American professional soccer team that competes in Major League Soccer (MLS) in the Eastern Conference of the League. It was announced as the League's 20th franchise on May 21, 2013 and is the first and only MLS Club located within the five boroughs of New York City. NYCFC kicked off its inaugural MLS season in March 2015 and is majority owned by City Football Group (CFG). Since its inaugural season, the Club has qualified for the MLS Cup Playoffs the last six consecutive seasons. In 2021, NYCFC won the MLS Cup in the Club's first ever appearance, becoming the first professional sports franchise based in New York to win a championship in a decade. NYCFC's Academy currently features teams from the U-12 to U-18 age groups and became the first Academy in the country to win back-to-back national titles at the U-19 level. NYCFC proudly supports City in the Community (CITC) foundation to use the power of soccer to uplift communities; one of the programs, New York City Soccer Initiative (NYCSI) is a first-of-its-kind public-private community partnership to open 50 mini-soccer pitches in underserved NYC neighborhoods in five years.
Media Contact:
MediaInquiries@fideliscare.org
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SOURCE Fidelis Care | https://www.wibw.com/prnewswire/2022/07/22/fidelis-care-renews-partnership-with-new-york-city-football-club-official-health-insurance-partner/ | 2022-07-22T16:18:57Z |
PITTSBURGH, Sept. 7, 2022 /PRNewswire/ -- "Being a rider and driver, I recognized how difficult it was to see motorcyclists and bicyclists when on a roadway," said the inventor from Idyllwild, Calif. "I thought of this idea to help improve visibility and provide safety for all riders on the roadways."
He created WIRELESS INTEGRATED HELMET LIGHTING SYSTEM that enables others to quickly and easily identify a rider or pedestrian from a distance. This would provide enhanced safety and convenience to the user. It could improve motorcycle and bicycle rider awareness and visual communication capabilities. Additionally, this can help keep motorcyclists from being accidentally overlooked to enhance travel safety on busy roadways.
The original design was submitted to the San Diego sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 21-SDB-1526, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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RICHMOND, Va., June 16, 2022 /PRNewswire/ -- Travel insurance and assistance company Allianz Partners took home wins in both travel insurance categories at the 2022 TravelAge West WAVE (Western Advisors' Votes of Excellence) Awards, including Travel Insurance Company Providing the Best Travel Advisor Support and Travel Insurance Company Providing the Highest Client Satisfaction. This is the sixth consecutive year that Allianz Partners has been named a top travel insurance provider in the prestigious WAVE Awards.
Now in its 17th year, the goal of TravelAge West's WAVE Awards is to give travel advisors in the West the opportunity to recognize the outstanding qualities and services of their travel-supplier partners. The Editor's Picks were chosen by Publisher/Editor-in-Chief Ken Shapiro and the entire editorial team of TravelAge West. Review methods included product analysis, on-site visits and a survey of a select group of travel advisors and industry experts.
"As the travel industry starts to regain its footing, we want to help our readers celebrate the companies that have continued to serve travel advisors and their clients throughout the darkest days of the pandemic," said Shapiro. "The WAVE Awards are a pillar of the travel industry in the West, and we know many in the industry look forward to them each year, so we are very happy that we can once again bring this program to our partners."
During a black-tie dinner at The Ritz-Carlton, Marina Del Rey on June 9, Editor's Pick recipients were honored for their achievements and TravelAge West will feature a special WAVE Awards section in the July 11 issue, highlighting award winners.
"We are elated to continue our winning streak at the TravelAge West WAVE Awards and are incredibly thankful to everyone who helped us achieve this milestone," said Richard Aquino, Vice President, Head of Sales at Allianz Partners USA. "It means the world to us to once again be recognized in both client satisfaction and travel advisor support, and it's a true testament to how deeply our team cares about our customers evolving needs."
For a full list of this year's WAVE Award recipients, visit: https://www.travelagewest.com/Wave/Winners
About TravelAge West
TravelAge West is the leading trade media outlet for travel advisors and the travel industry in the 15 Western U.S. states. Serving more than 21,000 readers for 53 years, the brand is a main source of news and product information for the region's agents and travel executives. TravelAgeWest.com is a two-time winner of a Gold Award from the North American Travel Journalists Association for Best Travel Journalism Website. TravelAge West is a part of Northstar Travel Group LLC, a worldwide provider of information, news and data for the travel and hospitality industry. Northstar Travel Group is based in Secaucus, N.J.
About Allianz Partners
In the United States, Allianz Partners USA (AGA Service Company) offers Allianz Travel-branded travel protection plans and serves millions of customers each year. In addition to travel protection, the company offers event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. AGA Service Company is doing business as Allianz Global Assistance Insurance Agency in California (License # 0B01400) and Massachusetts. Allianz Partners USA is part of the Allianz Partners group. Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, mobility and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech, high-touch products and solutions that go beyond traditional insurance. Present in over 75 countries, our 19,400 employees speak 70 languages, handle over 58 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world.
** While the new Epidemic Coverage Endorsement adds certain covered reasons that apply to specific epidemic-related situations, products otherwise generally do not cover claims due to known, foreseeable, or expected events, epidemics, government prohibitions, warnings, or travel advisories, or fear of travel, and coverage can vary by state. Please see our Coverage Alert for information about other temporary accommodations that may be available. Benefits for quarantines only apply when an eligible traveler is specifically named and individually ordered to quarantine by order or official directive of a government, public regulatory authority, or the captain of a commercial vessel on which that eligible traveler is booked to travel during the covered trip, based on that eligible traveler's exposure to COVID-19. The benefit does not cover travel restrictions (whether or not they are referred to as "quarantine") that apply generally or broadly (a) to some segment or all of a population, geographical area, building, or vessel (including without limitation shelter-in-place, stay-at-home, safer-at-home, or other similar restriction), or (b) based on to, from, or through where the person is traveling. Coverage may not cover the full cost of your quarantine and is subject to applicable benefit limits. See your plan for details.
For Allianz Partners USA products offered and sold in the U.S.: Terms, conditions, and exclusions apply to all plans. Plans are available only to U.S. residents. Not all plans are available in all jurisdictions. Availability of Epidemic Coverage Endorsement, including specific benefits and covered reasons described here, varies by product and by state. Products may not include all benefits or covered reasons described here. All benefits are subject to maximum limits of liability, which may in some cases be subject to sublimits and daily maximums. Benefits and limits vary by plan. For a complete description of the coverage and benefit limits offered under your specific plan, carefully review your plan's Letter of Confirmation/Declarations and Certificate of Insurance/Policy. Insurance coverage is underwritten by BCS Insurance Company (OH, Administrative Office: Oakbrook Terrace, IL), rated "A" (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated "A+" (Superior) by A.M. Best Co., under Jefferson Form No. 101–C series or 101–P series, depending on state of residence. Except as otherwise specified, AGA Service Company d/b/a Allianz Global Assistance is the licensed producer and administrator of Allianz Travel-branded travel protection plans in the U.S. and an affiliate of Jefferson Insurance Company. Allianz Global Assistance, TravelSmart, and AgentSmart are marks of AGA Service Company or its affiliates. The insured shall not receive any special benefit or advantage due to the affiliation between Allianz Global Assistance and Jefferson Insurance Company. Plans include insurance and assistance services. Noninsurance benefits/products are provided and serviced by Allianz Global Assistance. SmartBenefits proactive payments and "no receipts" payments available only on certain plans. For plans that include proactive payments: when you opt in and provide flight information, Allianz Global Assistance will monitor flights and send flight status and benefit alerts, including alerts about flight delays that qualify for automated travel delay payments. Standard message/data rates apply to SMS alerts. Automated claims and payment system availability is not guaranteed and is subject to our sole discretion. All claims subject to policy terms, conditions, and exclusions.
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SOURCE Allianz Partners | https://www.wibw.com/prnewswire/2022/06/16/allianz-partners-sweeps-both-travel-insurance-categories-travelage-west-wave-awards/ | 2022-06-16T21:57:59Z |
WASHINGTON (AP) — Last Fourth of July, President Joe Biden gathered hundreds of people outside the White House for an event that would have been unthinkable for many Americans the previous year. With the coronavirus in retreat, they ate hamburgers and watched fireworks over the National Mall.
Although the pandemic wasn’t over yet, Biden said, “we’re closer than ever to declaring our independence from a deadly virus.” Across the country, indoor masking requirements were falling as the number of infections and deaths plummeted.
Within weeks, even some of the president’s allies privately admitted that the speech had been premature. Soon the administration would learn that the delta variant could be transmitted by people who had already been vaccinated. Masks went back on, then came polarizing vaccination mandates. The even-more-contagious omicron variant would arrive months later, infecting millions and causing chaos during the holiday season.
“We were hoping to be free of the virus, and the virus had a lot more in store for us,” said Joshua Sharfstein, vice dean of the Johns Hopkins Bloomberg School of Public Health. The number of people in the United States who died from COVID-19 nearly doubled, from 605,000 to more than 1 million, over the past year.
That sunny speech one year ago marked a crossroads for Biden’s presidency. The pandemic appeared to be waning, the economy was booming, inflation was negligible and public approval of his job performance was glowing.
As Biden approaches his second Fourth of July in the White House, his standing couldn’t be more different. A series of miscalculations and unforeseen challenges have Biden struggling for footing as he faces a potentially damaging verdict from voters in the upcoming midterm elections. Even problems that weren’t Biden’s fault have been fuel for Republican efforts to retake control of Congress.
The pandemic’s resurgence was swiftly followed last summer by the debacle of the U.S. withdrawal from Afghanistan, when the Taliban seized control of the country faster than the administration expected as the U.S.-backed regime collapsed. Then, negotiations over Biden’s broader domestic agenda stalled, only to collapse altogether in December.
The Russian invasion of Ukraine in late February caused a worldwide spike in gas prices, exacerbating inflation that reached a 40-year high. Another blow came last month, when the Supreme Court overturned the constitutional right to abortion under Roe v. Wade and curtailed the Environmental Protection Agency’s ability to regulate greenhouse gas emissions.
Suddenly a reactive president, Biden has been left trying to reclaim the initiative at every step, often with mixed results. The coronavirus is less of a threat than before and infections are far less likely to lead to death, but Congress is refusing to supply more money to deal with the pandemic.
He signed new gun restrictions into law after massacres in New York and Texas, and he’s leading a reinvestment in European security as the war in Ukraine enters its fifth month. But he has limited tools at his disposal to deal with other challenges, such as rising costs and eroding access to abortion.
“People are grouchy,” said Lindsay Chervinsky, a presidential historian.
The latest poll from The Associated Press-NORC Center for Public Affairs Research shows that his approval rating remains at 39%, the lowest since taking office and a steep slide from 59% one year ago. Only 14% of Americans believe the country is headed in the right direction, down from 44%.
Douglas Brinkley, another historian, said Biden suffered from a case of presidential hubris after a largely successful run in his first five months in office, which included an overseas trip to meet with allies excited about welcoming a friendly face back to the international scene. He compared Biden’s Fourth of July speech last year to President George W. Bush’s infamous “Mission Accomplished” moment during the second Iraq War.
“He was trying to deliver good news but it didn’t pan out for him,” Brinkley said. “Suddenly, Biden lost a lot of goodwill.”
White House officials reject the comparison, noting that Biden warned about the “powerful” delta variant in his 2021 speech. Chris Meagher, a spokesman, said deaths from the virus are at a record low now, reducing disruptions in workplaces and classrooms.
“Fighting inflation and lowering prices is the president’s number one economic priority, and he’s laser focused on doing everything he can to make sure the economy is working for the American people,” he said. “And we’re in a strong position to transition from our historic jobs recovery to stable and steady growth because of the work we’ve done to bring the pandemic under control. COVID is not the disruptive factor it has been for so long.”
The promise to competently address the COVID-19 pandemic is what helped put Biden in the Oval Office and send President Donald Trump to defeat. From the start of Biden’s tenure, his public pronouncements were sober and cautious, wary of following his predecessor in predictions that went unfulfilled. The nation’s vaccination program found its stride under Biden, and by April 19, 2021, all adults were eligible to be vaccinated.
Michael Osterholm, director of the Center for Infectious Disease Research and Policy at the University of Minnesota, was an adviser to Biden’s transition team. But as the Fourth of July approached last year, he was worried and felt that the administration wasn’t heeding his warnings.
“Everyone was in this position of wanting to believe it was over with, and not fully understanding or appreciating the potential of the variants,” he said.
Even now, a full year later, Osterholm is reluctant to say what the future holds.
“I want answers too,” he said. “But I don’t know what the variants are going to bring us. I don’t know what human immunity is going to look like.”
Biden said the virus “has not been vanquished” in his Fourth of July speech, and he held another event two days later to talk about the delta variant.
“It seems to me that it should cause everybody to think twice,” he said as he appealed to people who had not yet been vaccinated.
Leana Wen, a public health professor at George Washington University, said there’s more reason to be optimistic this year than last. Immunity from vaccines or previous infections is much more widespread, and antiviral treatments are effective at preventing hospitalization and death in vulnerable patients.
“It was premature to declare independence from COVID-19 last year,” she said. “But this year the country is in a totally different place, and in a much better place.”
But Wen said Biden might be wary, given how things went before.
“The administration is hesitant to make those proclamations now, when actually this is the time to do so,” she said.
Biden’s early strategy of underpromising and overdelivering on COVID-19 was part of a concerted strategy to rebuild the public’s trust in government. The resurgence of the virus eroded some of that trust and diminished confidence in Biden’s job performance.
Rebuilding that has proved difficult, especially as the country faces challenges, some, frustratingly for Biden, outside of his control.
“We expect the president to be all powerful and be able to fix every problem,” said Chervinsky, the presidential historian. “It’s a completely unrealistic expectation and, frankly, a dangerous one.”
President Bill Clinton stumbled through his first two years in office, then faced a wave of Republican victories in his first midterm elections. But he later became the first Democratic president to be reelected since Franklin Delano Roosevelt.
Chervinsky cautioned that today’s political polarization could make such a rebound more difficult for Biden.
A key question, she said: “Is our partisan system so inflexible that it won’t allow for him to go back?” | https://cw33.com/health/ap-health/from-one-july-fourth-to-the-next-a-steep-slide-for-biden/ | 2022-07-03T12:39:59Z |
In midst of parade shooting, strangers save a young boy
CHICAGO (AP) — A woman — stunned and speechless in the chaos of a July 4 parade massacre — walked up to Greg Ring and handed him a 2-year-old boy, covered in blood.
Ring had fled the scene in the Chicago suburb of Highland Park with his wife and three children to an area behind a popular pancake house.
“We kind of met eyes and didn’t say anything.... I put my arms out, and she gave him to me,” Ring said Thursday, when describing the exchange with the unidentified woman, who then laid down in front of their car in shock.
The boy pointed in the direction of the parade route, saying “Mommy, Daddy, Mommy, Daddy.”
Ring’s wish to help the boy carried him back to the scene. He tucked the boy’s face in his chest, so he couldn’t see the carnage. But Ring quickly realized it was too dangerous.
“Active shooter! Get back down!” a police officer shouted. Ring fled again.
He and his family got to their car and took the boy to a Highland Park fire station. “I have a boy. He’s not ours,” he told the department staff, who asked him to keep the boy as authorities searched for the shooter and helped the wounded.
“They were getting ready for war,” Ring said.
WARNING: Video contains graphic content.
The family drove to Ring’s in-laws, where they hunkered down. There, the boy sat with Ring’s 4-year-old, watching a Mickey Mouse show.
“He asked my wife to wipe him off because he had blood on him that wasn’t his,” said Ring, an insurance broker from Highland Park.
They were later able to identify the boy and reunite him with his grandparents.
Aiden McCarthy’s parents, Kevin and Irina, both died in the shooting, which left five others dead and more than two dozen wounded.
Friends of the McCarthys said Irina’s parents would care for the boy going forward.
“Aiden ... will have a long road ahead to heal, find stability, and ultimately navigate life as an orphan. He is surrounded by a community of friends and extended family that will embrace him with love, and any means available to ensure he has everything he needs as he grows,” Irina Colon, a family friend, wrote on a GoFundMe account she created for the family and Aiden. The account has raised more than $2 million.
On Thursday, Ring was still trying to process what happened at the July 4 parade. He said he’s not a hero and just did what anyone would have done in the situation.
“I’m just filled with immense gratitude. I’m really sad. I don’t know, I don’t know how I feel. I have not slept for a minute the last two nights,” he said.
“What could’ve happened — it is nothing short of a miracle that the five of us — me, my wife and my three kids — one of us or all of us isn’t dead. I do not understand. Everybody around us was hit or got shot.”
The five others who were killed were identified Tuesday as Katherine Goldstein, 64; Jacquelyn Sundheim, 63; Stephen Straus, 88; Nicolas Toledo-Zaragoza, 78; and Eduardo Uvaldo, 69.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/06/midst-parade-shooting-strangers-save-young-boy/ | 2022-07-06T19:06:08Z |
SINGAPORE, June 1, 2022 /PRNewswire/ -- JOYY Inc. (NASDAQ: YY) ("JOYY" or the "Company", formerly known as YY Inc.), a global video-based social media company, announced its unaudited financial results for the first quarter of 2022.
JOYY's total revenues in the first quarter of 2022 were US$623.8million, with BIGO's revenues reaching US$534.6 million. In the first quarter of 2022, JOYY's non-GAAP net income[1] (excluding YY Live) was US$20.9 million with a corresponding non-GAAP net income1 margin of 3.3%, compared to net loss margin of 3.7% in the first quarter of 2021. BIGO generated US$59.9 million in net income with a corresponding net income margin of 11.2%. In the first quarter of 2022, JOYY recorded positive net operating cash flow of US$59.2 million.
JOYY continued to execute its share repurchase programs, demonstrating the Company's confidence in its long-term growth and profitability prospects. In the first quarter of 2022, the Company bought back US$80.2 million of its shares. As of March 31, 2022, the Company had repurchased a cumulative US$315.8 million of its shares, out of the $1.2 billion newly added repurchase plan.
David Xueling Li, Chairman and CEO of JOYY, commented, "Despite the macroeconomic uncertainties and challenges, our diversified global product matrix and continuous operating efficiency improvements have provided our global business with extra resilience. We achieved steady improvement in both our GAAP and non-GAAP profitability when compared with prior year periods, and realized a positive operating cash flow of $59.2 million. At the same time, we continued to enhance returns to shareholders through share repurchase programs."
"Looking forward, we remain confident in the mid- to long-term growth potential of the global social entertainment market. We will continue to execute our globalization strategy, prioritize the cultivation of our content and social ecosystems, and seek to maintain strong cash flows while seizing emerging business opportunities along the way. We remain committed to delivering long-term value to our shareholders." Mr. Li concluded.
First Quarter 2022 Financial Highlights
- Net revenues for the first quarter of 2022 were US$623.8 million.
- Non-GAAP net income1 from continuing operations attributable to controlling interest and common shareholders of JOYY for the first quarter of 2022 was US$20.9 million, compared to non-GAAP net loss of US$24.1 million in the first quarter of 2021. Non-GAAP net income1 margin for the first quarter of 2022 was 3.3%, compared to non-GAAP net loss margin of 3.7% in the first quarter of 2021.
- As of March 31, 2022, JOYY had cash and cash equivalents, restricted cash and cash equivalents, short-term deposits, restricted short-term deposits and short-term investments of US$4,478.9 million. For the first quarter of 2022, net cash from operating activities was US$59.2million.
First Quarter 2022 Business Highlights
Bigo Live
In the first quarter, Bigo Live's MAU grew by 8.8% year over year to 31.7 million, as it continued to diversify its localized premium content offerings. During the quarter, Bigo Live hosted the Europe Talent Champions League, inviting streamers from across the continent to produce locally-themed interactive content for European users. In Malaysia, Bigo Live partnered with WeTV to offer users exclusive access to stream television dramas and reality shows. Thanks to its diversified and premium content, Bigo Live's user engagement improved, as evidenced by the 9.9% and 2.1% sequential increases in the average duration of livestreaming sessions and the average viewer time spent, respectively.
Bigo Live has always been dedicated to fostering an engaging and inclusive community. In March, Bigo launched a new Community feature, enabling users to establish and join different interest groups and quickly connect with like-minded people. Within each community, users can interact with friends' video posts and join their live sessions, thereby significantly improving the efficiency of users' interest based social interactions.
Likee
In the first quarter, Likee continued to cultivate a diversified and vibrant content community by nurturing talented creators through its comprehensive support program. Following the introduction of its Superlike and Superfollow features, Likee launched a personal voice chat feature in certain regions, encouraging additional real-time and direct interactions between creators and their fan groups. In Southern Asia, during the local wedding season, Likee's local operations team launched a number of wedding-related challenges to encourage creators to showcase traditional wedding culture, attracting millions of page views. Thanks to its comprehensive creator support program, the number of Likee's certified content creators increased by 8.4% sequentially in the first quarter.
To meet users' diverse social interaction needs, Likee also launched a Friends feature to allow users to create their own private community groups and exclusively share their personal content with designated groups, enabling individualized social experience on Likee. During the first quarter, Likee continued optimization of its short videos and livestreaming features and enhanced integration between the two, boosting Likee's livestreaming user engagement, with average viewer time spent on livestreaming growing by 45.6% and livestreaming DAU penetration rate increasing by 10.9% sequentially.
Hago
During the first quarter, Hago maintained its monetization growth trajectory, as its livestreaming revenue increased by 24.2% and number of paying users grew by 14.5% year over year. Hago upgraded several product features to explore new innovations in multiplayer social interaction. For example, Hago launched a new feature called Hago Space, allowing users to create their own 3D digital avatars and interact with one another in virtual 3D scenes. Users can engage in a variety of activities in their 3D avatars including voice chat, casual gaming, and gifting.
About JOYY Inc.
JOYY is a leading global social media company that enables users to interact with each other in real time through online live media. On a mission to connect people and enrich their lives through video, JOYY currently operates several social products, including Bigo Live for livestreaming, Likee for short-form videos, Hago for multiplayer social networking, an instant messaging product, and others. The Company has created a highly engaging and vibrant user community for users across the globe. JOYY was listed on the NASDAQ in November 2012.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as JOYY's strategic and operational plans, contain forward-looking statements. JOYY may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Statements that are not historical facts, including statements about JOYY's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: JOYY's goals and strategies; JOYY's future business development, results of operations and financial condition; the expected growth of the online communication social platform market in China; the expectation regarding the rate at which to gain active users, especially paying users; JOYY's ability to monetize the user base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to JOYY's business operations and the economy in China and elsewhere generally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in JOYY's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and JOYY does not undertake any obligation to update any forward- looking statement, except as required under applicable law.
Investor Relations Contact:
JOYY Inc.
Jane Xie/Maggie Yan
Email: joyy-ir@joyy.com
ICR, LLC
Robin Yang
Tel: (+1) 646 915-1611
Email: joyy@icrinc.com
1. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled "JOYY Reports First Quarter 2022 Unaudited Financial Results" issued by the Company on June 1, 2022.
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SOURCE JOYY Inc | https://www.wibw.com/prnewswire/2022/06/01/joyy-reports-first-quarter-2022-results-profitability-steadily-improves-capital-returns-continue/ | 2022-06-01T02:03:35Z |
(Motor Authority) Volkswagen Group in February announced it was considering spinning off Porsche to help raise funds for investment in the key areas of electric vehicles, self-driving technology, and software development.
A lot has changed since then. There’s the ongoing war in Ukraine, worldwide political strife, raging inflation, rising interest rates, an energy crisis, and stock markets declining across all sectors.
Despite these challenges, VW Group will go ahead with a planned initial public offering of Porsche in the fourth quarter of the year, Arno Antlitz. VW Group’s chief financial officer, said late last month during an investor presentation in Germany.
Citing people familiar with the matter, Bloomberg reported VW Group is lining up investment banks to serve as underwriters of the IPO and is considering launching the IPO as soon as September, with an aim to list in October.
Bloomberg also reported in March that the IPO could value Porsche at 90 billion euros (approximately $90.6 billion).
Should the IPO prove successful, VW Group may follow it with an IPO of recently established battery company PowerCo. Speaking at the investor presentation, Antlitz said VW Group’s battery unit has been set up in a way to make a listing next year or 2024 possible. PowerCo is responsible for VW Group’s global battery activities and has announced plans for six battery plants in Europe and is considering establishing plants in North America as well. | https://cw33.com/automotive/vw-group-sticks-to-porsche-ipo-plans-despite-stock-market-rout/ | 2022-07-20T21:45:48Z |
NEW YORK, July 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Riskified Ltd. (NYSE: RSKD).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/riskified-ltd-loss-submission-form/?id=29402&from=4
This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 1, 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, Riskified Ltd. issued materially false and/or misleading statements and/or failed to disclose that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
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/rskd-shareholder-alert-jakubowitz-law-reminds-riskified-ltd-shareholders-lead-plaintiff-deadline-july-1-2022/ | 2022-07-01T10:17:37Z |
BERLIN (AP) — Rich countries including the European Union and the United States have pushed back against efforts to put financial help for poor nations suffering the devastating effects of global warming firmly on the agenda for this year’s U.N. climate summit.
Observers and campaigners attending a ten-day preparatory meeting in Bonn, Germany, that’s wrapping up Thursday expressed frustration at the resistance shown by developed nations to formally discussing how poor countries can get more aid when they’re hit by climate disasters.
“Rich countries, particularly the EU, spiked the discussion about loss and damage at every single turn,” said Teresa Anderson of the campaign group ActionAid International.
Delegates from developing countries had hoped growing awareness of the severe economic cost that global warming is already having for billions of people around the world would help move the needle on an issue that has long split rich and poor nations.
Those hopes were fueled last month, when officials from the Group of Seven leading economies for the first time acknowledged the need for more public and private money to avert and address the “adverse impacts of climate change.”
The meeting in Bonn, which is home to the U.N. climate office, was designed to lay the foundations for the upcoming climate summit in Egypt’s seaside resort of Sharm-el-Sheikh in November.
“Whether it was about setting up a new finance facility, providing funds, organizing technical support, or even just including the issue on the agenda for discussion at COP27 later this year, rich countries continued to block, block, block,” said Anderson.
Noting the drought-induced famine currently threatening millions in the Horn of Africa, she accused rich countries of a “terrifying disconnect” to the real world.
Her comments echoed those of U.N. Secretary-General Antonio Guterres, who this week accused many governments of “dragging their feet” on climate action.
Seasoned watchers of international climate meetings had cautioned against expecting delegates in Bonn to make any big progress on long-standing points of disagreement, particularly those that would entail big financial commitments.
“Many of the issues are above their pay grade,” said Alden Meyer of E3G, an environmental think tank.
Still, the outcome was slimmer than expected, he said.
The issue of ramping up climate aid is likely to come up Friday at a virtual meeting of major economies hosted by U.S. President Joe Biden, and at the G-7 leaders summit in Germany on June 26-28.
The head of the U.N. climate office, Patricia Espinosa, had urged delegates at the start of the meeting in Bonn not to give in to despair, noting the progress made in recent years in tackling global warming.
Participants drew some cheer from an announcement Thursday by Australia’s new government, which formally pledged to raise its target for cutting greenhouse gas reduction to 43% by the end of the decade compared with 2005 levels. The previous government’s goal had been to cut emissions by just 26% to 28% in 2030, far below the targets set by other big polluters.
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Follow AP’s climate coverage at http://apnews.com/hub/climate
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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/international/ap-international/rich-nations-hit-brakes-on-climate-aid-to-poor-at-un-talks/ | 2022-06-16T22:19:13Z |
Creators' Legal Announces Listing Partnership with App Sumo
OAKLAND, Calif., June 17, 2022 /PRNewswire/ -- Creators' Legal announced today a listing partnership with App Sumo, a leading product discovery site.
App Sumo will host a discounted subscription for App Sumo users of the Creators' Legal platform. The placement of Creators' Legal on App Sumo coincides with Creators' Legal recent release of their third version of the product. The listing will go live on June 17, 2022.
The newest version of Creators' Legal includes a contract editor to allow creators the freedom to fully edit their contracts. It also includes the ability to add company logos in the contract. These new features are a step towards Creators' Legal shift to provide a fully integrated legal platform for independent production companies as well as independent creators.
"We are very happy to be on the App Sumo platform, it is a well-known brand in software and product discovery". Said Eric Farber, the Founder, and CEO of Creators' Legal.
Creators' Legal is the first and only DIY legal platform built for the Creator Economy. With close to 50 million people in the United States earning a living off content creation Creators' Legal is quickly becoming the tool of choice for the community.
Creators' Legal has over 170 contracts in more than 10 Creator categories including filmmakers, musicians, NFT creators, Podcasters, Web Series, Digital Creators, and more. The products are available on a per-use basis or through subscription. Creators' Legal boasts close to 1000 creators using the platform for their creative legal contracts. There is also an educational 2 program for students and faculty of creative schools and programs. All can be found at www.CreatorsLegal.com.
For more information on Creators Legal:
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SOURCE Creators’ Legal | https://www.mysuncoast.com/prnewswire/2022/06/17/creators-legal-app-sumo/ | 2022-06-17T19:08:39Z |
Woman ticketed when old license plate turns up 1,200 miles away
OMAHA, Neb. (WOWT) - An 85-year-old woman is among several Iowans who have received undeserved traffic violation notices when their old license plate numbers were caught on traffic cameras in New York City.
The Manhattan skyline is not a sight 85-year-old Barbara Brown has driven to see, but New York City claims she’s driven there by issuing her four traffic fines.
“I was just flabbergasted when I got the first ones because, like I say, I’ve never been there with a car,” Brown told WOWT.
But she has driven to the Pottawattamie County Treasurer’s Office, where in 2014 she turned in old license plates. The same Iowa plate number was caught on traffic cameras speeding in New York City three months ago.
“I think they need to look into these. If the vehicle is not the same as what’s on record, how can they give this person a ticket? They’re not the same vehicle,” said Lea Voss, Pottawattamie County Treasurer.
The treasurer says about 10 other Pottawattamie County residents complain they’ve received New York City traffic violation notices for license plates turned in about a decade ago and destined for Iowa Prison Industries.
“I’ve talked to our investigator. I’ve talked to DOT. They say it went to prisons, and that’s where it got shredded,” Voss said.
A spokesman for the New York City Finance Department said they see fraudulent plates from states throughout the country, and the tickets in Brown’s name have been dismissed - or so she thought.
Thinking all the notices were taken care of, then receiving a letter that says default judgment is worrisome for Brown.
“Well, I sure don’t want them to screw up my credit and come and get my car,” she said.
New York Finance said not to worry about it. The documentation clearly shows Brown is not at fault, so the notices are irrelevant.
Meanwhile, Brown says the old Iowa license plate mystery should be solved by New York’s finest.
“I’d like to have him get caught doing something. What if he wrecks that car or kills somebody? Then where am I at? Yeah, they’ll blame me,” she said.
The Iowa Department of Transportation fraud unit is looking into how old plate numbers could be on vehicles 1,200 miles away.
An investigator said that recent law requires all old plates to be turned into Iowa Prison Industries and destroyed, but it’s unclear how those were handled a decade ago. So, he’ll request New York authorities to look for anyone using the old Iowa plate numbers.
Copyright 2022 WOWT via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/07/woman-ticketed-when-old-license-plate-turns-up-1200-miles-away/ | 2022-07-07T08:01:16Z |
NEWARK, Calif., June 28, 2022 /PRNewswire/ -- The Hines Family Foundation for Education, Innovation and Service (HFF) SILVA Nanolab YCC01 BioModule was successfully delivered to the International Space Station (ISS) via SpaceX Crew-4 on April 27, 2022. Developed by HFF EXPLORES Program and the Space Innovation and Learning Virtual Academy (SILVA), the YCC01 biological cell culture spaceflight technology demonstration project will be used to study the effect of microgravity on the functional behavior and growth of irradiated Saccharomyces cerevisiae (baker's yeast) grown on board the ISS over the course of 30 days compared to samples grown on earth. The Nanolab YCC01 is the first of its kind general educational training tool for students and teachers interested in learning about the effects of space on living systems.
The YCC01 project evolved from collaboration with scientists and technologists from NASA's Biosentinel program, and HFF product development partners, including Triple Ring Technologies. Biosentinel is NASA's first biological mission to fly in deep space, and students who work with the YCC01 will have the opportunity to conduct parallel experiments at their schools.
"The YCC01 platform provides a wonderful opportunity for students to conduct similar flight and ground-based experiments like those being done in formal NASA science missions. This has implications not only for space exploration, but also for advancing student interest in cell and molecular biology, the effects of space exploration and radiation exposure on living systems, biological space flight systems development, genomics, synthetic biology, and biomanufacturing, to name a few. I believe working alongside NASA and with mentorship from other scientists and specialists will motivate students to learn and prepare for future careers in these exciting STEM enabled areas," said John Hines, HFF founder. Following this initial flight aboard the ISS, HFF plans to develop additional STEM student classroom and laboratory devices, STEM learning exercises, and hands on project experiences, both virtually and with complementary at-home and/or in-school learning kits.
"The SILVA virtual academy designed, developed, and delivered the YCC01 Biomodule in an amazing 120 days! The teams worked remotely, but with tight integration, through the global pandemic, to accomplish this impressive feat. We launched the YCC01 Biomodule in ISS-compatible NanoRacks aboard the SpaceX Crew-4 and the systems are now onboard and operational," commented Greg Kovacs, Chief Medical Officer at Triple Ring Technologies, and Chief Engineer and Electronics Lead for the project.
Joe Heanue, CEO of Triple Ring Technologies, "Triple Ring is proud to support The Hines Family Foundation as it furthers its mission of helping underserved and underrepresented students learn and apply the technology and engineering skills necessary to thrive and prosper in the 21st-century STEM enabled workforce."
HFF plans to initiate pilot deployments of STEM Student classroom and laboratory Biological Cell Culture NanoLabs during World Space Week (October 4-10, 2022) in Atlanta, GA.
Additional information can be found at the following links:
Hines Family Foundation: http://www.hinesfamilyfoundation.org/
International Space Station: https://www.nasa.gov/
NASA BioSentinel: https://www.nasa.gov/centers/ames/engineering/projects/biosentinel.html
Triple Ring Technologies: https://www.tripleringtech.com/
About Triple Ring Technologies: Triple Ring Technologies is a co-development company headquartered in Silicon Valley, with offices in Boston, Toronto, and Copenhagen. They partner with clients in medtech, life sciences, and sustainability & the environment to create new technologies, launch innovative projects, and start new ventures. Their capabilities span early R&D, product development, manufacturing, regulatory approval, market access, strategic investment, and incubation. For more information, please visit www.tripleringtech.com.
About Hines Family Foundation: The Hines Family Foundation for Education, Innovation and Service (HFF) (www.HinesFamilyFoundation.org) is an Atlanta, GA based nonprofit private operating foundation whose mission is to enable underserved and under-resourced students, groups, and communities to become viable contributors to and beneficiaries of the 21st century global workforce through STEM4.0 based learning and innovation. Using technical foundations and experiences derived from NASA space programs, HFF develops and enables scholars, teams, learning lessons, training curricula, and real-world hands-on project experiences as learning and training motivators to support and encourage student and teacher interest and involvement. A specific HFF goal is to train students to use and apply Technology and Engineering skills and capabilities necessary to thrive and prosper.
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SOURCE Triple Ring Technologies | https://www.wibw.com/prnewswire/2022/06/28/triple-ring-technologies-hines-family-foundation-collaborate-nanolab-biomodule/ | 2022-06-28T12:58:23Z |
Report Includes New Insights, Statistics Regarding the Rapid Growth in Development, Technology, Equity, Jobs and More in National Landing
ARLINGTON, Va., April 12, 2022 /PRNewswire/ -- National Landing Business Improvement District (BID) today released the National Landing Market Impact Study which includes compelling data and findings defining the area of Pentagon City, Crystal City and Potomac Yard as one of the nation's leading innovation districts. Defined as a dynamic, cohesive downtown, National Landing offers a balanced mix of people, place and program assets to be a premier innovation district. Rivaling successful areas such as Kendall Square in Cambridge, South Lake Union in Seattle, National Landing possesses these key assets, fostering an equitable and successful urban district teeming with opportunities in technology and modernization.
"National Landing is an area that is rapidly evolving – we are a story of innovation, equity, sustainability and competitive advantage," said Tracy Gabriel, President and Executive Director, National Landing BID. "As this region continues to grow, our goal is to continue collaborating with our outstanding partners in development, tech, education and more to maintain a well-balanced and competitive district here in National Landing. We are proud to release the compelling data included in this study that speaks to the incredible progress and achievements of our area as well as the bright future ahead."
Developed over the past six months by HR&A Advisors, the National Landing Market Impact Study breaks down each of the pillars of an innovation district - people, place and program - to showcase the region's exciting progress in attracting two major tech anchors with Amazon and Virginia Tech, top workforce talent, investing in significant transportation and digital infrastructure, creating equitable economic development opportunities and more.
Some of the key findings from the study include:
- National Landing is emerging as a leading compact, mixed-use downtown with more jobs and residents per square mile than its regional competitors.
- National Landing is anticipated to soon become the fastest growing area in the region, eclipsing a position that Capitol Riverfront has held for the last ten years.
- With 8 million square feet of Class A office in the pipeline, National Landing also offers a significant supply of affordable Class B/C office space that innovation districts need to accommodate growing startups.
- Innovation districts are typically 25-50% residential. National Landing has a 1.1 ratio of daytime workers to residents and 47% residential space.
- National Landing offers employers a talented and diverse workforce within a short commute and is well-positioned to support equitable growth and expanded opportunities for people of color. National Landing is also located in a leading County for women in tech in the United States.
- With Amazon's commitment to create at least 25,000 jobs by 2030, National Landing is positioned for a strong job growth trajectory and a resilient recovery in light of COVID-19.
- Through a partnership between JBG SMITH and AT&T, National Landing will become the first 5G-enabled connected city at scale, offering an intelligent, seamless and secure digital experience of the future.
The National Landing Market Impact Study is free and available to the public. To access the study and learn more about the recent and projected growth in National Landing, click here.
About National Landing Business Improvement District
The National Landing Business Improvement District (BID) is a public-private partnership established to promote and activate the area's business, retail, restaurant and residential community through placemaking, public art, transportation, economic development, events, marketing and promotion. This dynamic, mixed-use urban center encompasses the vibrant Crystal City, Pentagon City and Potomac Yard-Arlington neighborhoods, and includes more than 26,000 residents, over 12 million square feet of office space, approximately 5,500 hotel rooms and over 450 restaurants and shops. Already Virginia's largest walkable downtown, National Landing is in the midst of an exciting transformation driven by billions of dollars in public and private investment that will deliver new and enhanced housing, offices, parks, transportation and infrastructure in the coming years. The National Landing BID is helping to steer this growth in ways that are sustainable and enhance the area's diversity and livability. For more information, visit NationalLanding.org.
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SOURCE National Landing Business Improvement District | https://www.mysuncoast.com/prnewswire/2022/04/12/national-landing-bid-releases-study-new-data-defining-region-one-nations-leading-innovation-districts/ | 2022-04-12T11:38:39Z |
RENO, Nev. , June 17, 2022 /PRNewswire/ -- aha!, powered by veteran ExpressJet Airlines, announces special half-price airfare for children with their Kids Fly 50% Off* program when booked this Father's Day weekend for travel June 20 – Sept. 30, 2022.
"The last thing that dad wants is six-to-ten hours of 'are we there yet?'," said Tim Sieber, head of ExpressJet's aha! business unit. "With the gift of affordable travel on a quick, nonstop flight, dad gets to enjoy the view out of the window instead of climbing prices at the gas pump."
Kids Fly 50% Off* launches ahead of the recently announced new aha! routes to Santa Rosa, Calif. service that begins on July 14, 2022 and Idaho Falls, Idaho service that begins on August 22, 2022. All aha! routes qualify for these special family-friendly fares. Kids must travel with an adult booked in the "Standard" fare class on the same itinerary.
For more information or to book a flight, visit www.flyaha.com or call the aha! contact center at 775-439-0888.
Kids Fly 50% Off*
*Based on availability. Bookings must be completed by June 20, 2022. Child must be designated as a 'CHILD' passenger at booking and must travel with at least one adult traveling on a standard 'Standard Fare'. Valid for children ages 2 - 15 years at the time of travel. Limit five (5) children per traveling adult per reservation. Not valid on previously purchased itineraries and not combinable with any other offers. Company reserves all rights including cancellation or modification of this promotion without prior notice.
About aha!
aha! is a leisure brand of ExpressJet Airlines. aha! seeks to provide travelers in smaller communities, many who have seen air service reduced over the past decade through airline mergers, with convenient, short, nonstop flights to high-quality destinations like the Reno-Lake Tahoe region. In addition to offering value-priced, nonstop flights, aha! will soon partner with resorts, casinos and attractions to "bundle" value-priced vacation packages. www.flyaha.com
About ExpressJet Airlines
ExpressJet Airlines operates Embraer ERJ145 regional jet aircraft and has more than 40 years of experience as a regional airline. ExpressJet operates its leisure brand aha!, which provides travelers in smaller communities with convenient, short, nonstop flights to high-quality destinations like the Reno-Lake Tahoe region. The company is expanding its service with specialty charter flights and additional future routes. ExpressJet is majority owned by KAir Enterprises with United Airlines holding a minority interest. www.expressjet.com
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SOURCE aha! | https://www.wibw.com/prnewswire/2022/06/17/aha-celebrates-fathers-day-with-half-price-airfare-kids/ | 2022-06-17T16:22:47Z |
JERSEY CITY, N.J., Sept. 1, 2022 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that bio-Affinity Technologies, Inc. (NASDAQ: BIAF) (NASDAQ: BIAFW), a cancer diagnostics company that develops noninvasive, early-stage diagnostics to detect cancer and diseases of the lung, and is researching targeted therapies to treat cancer, priced its initial public offering of 1,282,600 units of securities at $6.125 per unit. Total gross proceeds from the offering is estimated to be $7,855,925 before deducting underwriting discounts and commissions and other estimated offering expenses.
Each unit, which has no stand-alone rights and will not be certificated or issued as a stand-alone security, consists of one share of common stock, one tradeable warrant to purchase one share of common stock at an exercise price of $7.35 per share, and one non-tradeable warrant to purchase one share of common stock at an exercise price of $7.656 per share. Each warrant is immediately exercisable and will expire five years from the date of issuance. The shares of common stock and the tradable warrants may be transferred separately immediately upon issuance. In addition, bioAffinity has granted the underwriters a 45-day option to purchase up to 192,390 shares of common stock, and/or 192,390 tradeable warrants, and/or 192,390 non-tradeable warrants, or any combination of additional shares of common stock and warrants representing, in the aggregate, up to 15% of the number of the units sold in this offering to cover over-allotments in this offering.
The shares and the tradeable warrants will begin trading on September 1, 2022, on the NASDAQ Capital Market under the ticker symbols "BIAF" and "BIAFW," respectively. The Company intends to use the net proceeds for the commercialization of its diagnostic called CyPath® Lung, a non-invasive test for the early detection of lung cancer that has completed a clinical trial showing 92% sensitivity and 87% specificity in detecting lung cancer in individuals at high risk who have lung nodules less than 2 centimeters. Proceeds also will be used for development of tests, additional clinical trials, regulatory filings, and for working capital and general corporate purposes.
WallachBeth Capital, LLC and Craft Capital Management, LLC are co-managers and co-book running managers for the offering.
bioAffinity's registration statement relating to these securities was declared effective as of August 29, 2022, by the U.S. Securities and Exchange Commission. The offering is being made only by means of a prospectus. Copies of the final prospectus may be obtained on the SEC's website, http://www.sec.gov and by contacting WallachBeth Capital, LLC, Attention: Capital Markets, 185 Hudson Street, Jersey City, NJ 07311, by telephone at 646-998-7608, or by email at cap-mkts@wallachbeth.com.
About bioAffinity Technologies, Inc.
bioAffinity Technologies, Inc. is a Delaware corporation addressing the need for noninvasive diagnosis of early-stage cancer and diseases of the lung, and targeted cancer treatment. The Company develops proprietary noninvasive diagnostic tests and cancer therapeutics using technology that preferentially targets cancer cells and cell populations indicative of a diseased state. The Company's first product called CyPath® Lung is a non-invasive test that has shown high sensitivity and specificity for the detection of early-stage lung cancer. CyPath® Lung is marketed as a Laboratory Developed Test by Precision Pathology Services. Research and optimization of the Company's platform technologies are conducted in its laboratories at The University of Texas at San Antonio.
About WallachBeth Capital LLC
WallachBeth Capital offers a robust range of capital markets and investment banking services to the healthcare community, connecting corporate clients with leading institutions, creating value for both issuers and investors. The firm's experience includes initial public offerings, follow-on issues, PIPE offerings, and private transactions. WallachBeth Capital is a leading provider of institutional execution services, offering clients a full spectrum of solutions to help them navigate increasingly complex markets. The firm's website is located at www.wallachbeth.com.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the anticipated use of proceeds from the Company's offering of its units. Forward-looking statements can be identified by words such as "believes," "expects," "estimates," "intends," "may," "plans," "will" and similar expressions, or the negative of these words. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. Readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.
SOURCE WallachBeth Capital LLC | https://www.mysuncoast.com/prnewswire/2022/09/01/wallachbeth-capital-announce-pricing-bioaffinity-technologies-ipo-6125-per-unit/ | 2022-09-01T19:12:23Z |
MONACO, July 1, 2022 /PRNewswire/ -- The 19th Ritossa Family Office Investment Summit, held under the High Patronage of H.S.H. Prince Albert II of Monaco, brought together dignitaries of the world's leading families this week to discuss how to invest for a better future.
Global leaders, entrepreneurs, prestigious family offices, private investors, Sheikhs, royal families, and leading businesses from 55+ countries representing more than $4.5 trillion convened with a powerful sense of purpose. The closed-door event's theme "Connecting Minds & Investing for a Better Future" featured discussion and debate regarding how to make our world a better place. Previous Summits have raised $2.8US billion in investments for leading global start-ups, entrepreneurs, funds, and philanthropic endeavors and early indications are that the Monaco event will be a similar great success.
"Global family offices are committed to investing for the greater good of mankind and believe that those who wield economic power must do everything within their power to serve as a pioneering global forum for action. I'm incredibly grateful that the Summit was held under the High Patronage of H.S.H. Prince Albert II of Monaco and deeply appreciate H.R.H. Prince Michel de Yougoslavie, H.R.H. Prince AbdulAziz Bin Faisal AlSaud, and our Summit Chairman - Markus Lehner, as well as every member of our "family of family offices," and all the entrepreneurs who attended and contributed thought leadership insights," said Sir Anthony Ritossa, Chairman of Ritossa Family Office & Host of Ritossa Global Family Office Investment Summits, UAE.
"It is an honour and a pleasure to be the 19th Ritossa Family Office Investment Summit Grand Ambassador in Monaco. I have taken part in many events in the past years and have always been amazed at the quality of the participants and at the wealth of information that was circulated," said H.R.H. Prince Michel de Yougoslavie, Grandson of King Umberto of Italy and Prince Paul of Yugoslavia, Monaco.
"Recent times have changed everyone's life faster than ever before because our world has changed from one moment to another. Sir Anthony is guiding his family office conferences best through these times, and that's why they are the world's No 1. summits in all aspects. Therefore, I was even more delighted to serve again as the Chairman of the 19th Ritossa Family Office Investment Summit in Monaco," said Markus Lehner, Chairman of the 19th Ritossa Family Office Investment Summit, Principal of the Markus Lehner Organisation, and Founder of Lehner Investments, Monaco.
Key discussion points at the Summit included:
Monaco's Unique Economy with a Focus on its World-Famous Financial Marketplace
Under the expert leadership of His Serene Highness Prince Albert II, Monaco is thriving as an international financial marketplace with strong credit dynamics, new regulations for residency, and an efficient platform for estate planning. Among its advantages are its lack of debt, balanced budget, favorable tax structures, popularity for entrepreneurs, strong private banks, and support of family offices.
Fighting our Climate Crisis, Today
As part of the quest to make the world a better place and an ocean that's part of the planet we call home, there are new commercially viable processes for the cultivation of micro algae for biofuels and related carbon credits. Its goal is to make net-zero emissions goals a reality and it has the partnerships in place to drive change at a rapid pace.
Family Office Investor Insights
When investing in today's dynamic environment, attendees agreed that it's important to be able to navigate the political climate. We are deep into a geopolitical recession which will last longer than an economic recession. Although we are on an unavoidable path, there are significant investment opportunities that hold the promise of outsized future returns, including areas such as technology. Additionally, infrastructure is a hedge against inflation, Being nimble is essential since markets have a short memory and what is happening now is what matters.
Investment Strategies in the Web 3.0 Era
The time now to invest in the next generation of cryptocurrency and its long-term benefits are evident across many industries, including real estate, gaming, healthcare, among others. The combined valuation of cryptocurrencies has reached US$3.2T but many coins are volatile and are not backed by assets. Unicoin is a next generation of cryptocurrency that is dividend paying and asset backed. Blockchain is equalizing the world in that it can be used to help humanity. Ultimately, finance is about trust.
Legacy & Socially Responsible Investing
Family offices must align their investments with their values. Investing in impactful start-ups that help improve lives is important as is taking into consideration the United Nations Sustainability Goals. We all have choices to make and possess the ability to have a positive impact at some level. Projects related to water desalinization, renewable energy, sustainable housing, and climate change are examples where investment dollars have a needed impact.
AI & Machine Learning
The U.S. leads China in areas such as enterprise software but China remains ahead in speech recognition and industrial robots. A cornerstone of artificial intelligence is the fact that the more intelligent you are the better you can make decisions. AI can write rules that represent the truth. AI makes life easier and facilitates humanity. It is faster and enables us to identify the best way to do things across industries – at fraction of a second.
Family Offices – The Eternal Flame
Challenges may arise when family members do not see eye-to-eye yet certain truths remain the same throughout the years. Human capital lasts over generations and education is critical. We must give the next generation responsibility and let them earn and build wealth independently. Leading family offices stress the importance of investing in education for the next generation. Ambition, leadership, governance, and discipline are critical to success. It's important to be flexible, take a long-term view, understand what you're investing in, have a vision, and invest in great founders dedicated to building their business.
How Champions, Invest Like Champions
An Ultra Exclusive Fireside Chat entitled "How Champions, Invest Like Champions" featured racing legends Mika Hakkinen (The Flying Finn), a 2-Time F1 Champion from Finland; Juan Pablo Montoya (JPM), a F1 Legend from Colombia; and Sebastian Montoya, a Rising Star, FREC from Colombia. Among the areas in which they're investing are the metaverse, online gaming, and cryptocurrency. In all aspects of life, they embrace the concept of teamwork, looking at the world in new ways, learning, and understanding. Importantly, F1 is seeking to make next generation drivers carbon neutral.
Spotlight on Iconic Global Family Office Investors & Co-Investments
Leading families believe in following smart investors and view relationships as important. Focus areas for investment include biotech, fintech, space, India-only, logistics, funds such as activist strategies, and secondaries. Patience is key, a long-term horizon is advisable, and innovative thinking is a trademark of a great manager. Because family offices have on-the-ground, local knowledge, they are valuable in terms of presenting opportunities. It's best to seek partnerships with those you have synergy with and who have skin in the game as an investor. Trust is a Number One priority.
Increased Giving for a Better Tomorrow
Trends include family offices' tireless generosity in challenging times, increased sophistication, and the next generation leading the way. Areas of giving include children, healthcare, women's empowerment, sustainable economy, economic development, education, refugee support, and foster homes. Families agree that philanthropy is a privilege and not an obligation. We must be careful to use philanthropy to create a better community. While historically there was separation between business and philanthropy, we no longer need to make a choice as the two intersect. Today, it is possible to be economically profitable while making a difference.
For more details on upcoming invitation-only Global Family Office Investment Summits, please visit www.RitossaFamilySummits.com
Media Contact:
Charlotte Luer
+1-239-404-6785
charlotte@ritossafamilyoffice.com
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SOURCE Ritossa Family Office | https://www.kxii.com/prnewswire/2022/07/01/19th-ritossa-family-office-investment-summit-monaco-celebrates-connecting-minds-amp-investing-better-future/ | 2022-07-01T17:37:14Z |
Carlos Correa and the Minnesota Twins dodged a major problem this past week.
There were initial concerns that Correa might have a broken finger after Thursday night’s game at Baltimore, but instead it was only bruised. The Twins, who have won 14 of 17, lead the AL Central by three games.
Correa was just 4 for 30 through his first eight games with the Twins, but the star shortstop has hit .313 since then. Correa went from Houston to Minnesota last offseason, signing a $105.3 million, three-year deal. Here’s a look at how some of the other big free agent movers are doing so far:
Freddie Freeman, Dodgers. It sure looks like Freeman will be back in the playoffs after he left the World Series champion Braves and joined the Dodgers on a $162 million, six-year contract. Los Angeles has baseball’s best record, and Freeman is hitting .323 with an OPS of .925.
Max Scherzer, Mets. Scherzer has been a big part of New York’s impressive start, going 4-1 with a 2.92 ERA. A loss Sunday to Philadelphia was his first in his last 25 starts with the Nationals, Dodgers and Mets.
Marcus Semien, Rangers. One of two big middle infield signings by Texas, Semien is hitting just .184 with no home runs.
Corey Seager, Rangers. Seager is batting just .238, although he at least has four homers. He was also intentionally walked with the bases loaded by the Angels in one of the more unusual moments of the season.
Carlos Rodón, Giants. The former White Sox right-hander has been one of the top pitchers in the National League, going 3-1 with a 1.55 ERA.
Robbie Ray, Mariners. Last year’s American League Cy Young winner is 2-3 with a 4.38 ERA.
Kevin Gausman, Blue Jays. Toronto lost Ray but signed Gausman, and so far that exchange is working out well. He’s 3-1 with a 2.13 ERA — and has 46 strikeouts and only one walk.
Kenley Jansen, Braves. The former Dodgers closer joined the defending champions on a $16 million, one-year deal. He has eight saves, but Atlanta is off to a mediocre start.
Trevor Story, Red Sox. It’s been a brutal start for Boston, and Story hasn’t helped much. He’s hitting .194 without a homer.
Javier Báez, Tigers. Báez is hitting .236 with two home runs for a Detroit team that’s been a pretty big disappointment so far.
Starling Marte, Mets. Another nice pickup for the Mets. Marte is hitting .265 with three home runs and four steals.
Kris Bryant, Rockies. The thin air doesn’t seem to be helping Bryant’s power. He has only four extra-base hits — all doubles — to go along with a .281 average.
Nick Castellanos, Phillies. Castellanos provides consistent production with the bat, and this season looks like no exception. He’s hitting .293 with four home runs.
Seiya Suzuki, Cubs. In his first season over from Japan, Suzuki has four home runs and has shown he can get on base for Chicago.
Nelson Cruz, Nationals. Cruz is now in the NL after the addition of the designated hitter in that league, but it’s fair to wonder if he might be slowing down. The 41-year-old is hitting .157.
TRIVIA TIME
Who is the last player to win MVP honors in his first season after signing with a new team via free agency?
LINE OF THE WEEK
Rowdy Tellez of Milwaukee drove in eight runs — a season high for anyone in the majors — in an 18-4 win over Cincinnati on Wednesday night. Tellez went 4 for 6 with two homers and a double.
COMEBACK OF THE WEEK
You didn’t need fancy win probability stats to tell you the Mets were up against it when they trailed the Phillies 7-1 in the top of the ninth inning Thursday night. It took a two-run homer by Francisco Lindor, a double by Pete Alonso and a one-out single by Jeff McNeil just to create a save situation. New York eventually came all the way back, tying the game on a two-out, two-run single by Brandon Nimmo, then going ahead on Marte’s RBI double.
The Mets won 8-7. At the start of the inning, Statcast put their chances at 0.2%.
TRIVIA ANSWER
Vladimir Guerrero in 2004, after signing with the Angels.
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Follow Noah Trister at www.Twitter.com/noahtrister
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More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/correa-avoids-major-injury-division-leading-twins-on-a-roll/ | 2022-05-10T01:08:50Z |
NEW YORK, July 7, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Teladoc Health, Inc. ("Teladoc" or the "Company") (NYSE: TDOC) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Teladoc investors who were adversely affected by alleged securities fraud between October 28, 2021 and April 27, 2022. Follow the link below to get more information and be contacted by a member of our team:
TDOC 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) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Teladoc during the relevant time frame, you have until August 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/07/07/tdoc-lawsuit-alert-levi-amp-korsinsky-notifies-teladoc-health-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-07T10:50:48Z |
GENEVA (AP) — The number of new coronavirus cases fell everywhere in the world last week by about 12%, according to the World Health Organization’s latest weekly review of the pandemic issued Wednesday.
The U.N. health agency reported that there were just under 4.2 million new infections last week and about 13,700 deaths – a 5% drop.
“This is very encouraging, but there is no guarantee these trends will persist,” said WHO Director-General Tedros Adhanom Ghebreyesus at a press briefing. “The most dangerous thing is to assume (that) they will,” he said. He added that even though the number of weekly reported deaths have plummeted more than 80% since February, one person still dies with COVID-19 every 44 seconds and that most of those deaths are avoidable.
In its pandemic report, WHO said COVID-19 deaths dropped in Southeast Asia, Europe and the Middle East, but increased in Africa, the Americas and the Western Pacific.
Maria Van Kerkhove, WHO’s technical lead on COVID-19, noted that the virus has not yet settled into a seasonal pattern and that its continued evolution will require constant surveillance and possible tweaks to diagnostics, treatments and vaccines.
Scientists warn the coronavirus will linger far into the future, partly because it is getting better and better at getting around immunity from vaccination and past infection. Experts point to emerging research that suggests the latest omicron variant gaining ground in the U.S. — BA.4.6, which was responsible for around 8% of new U.S. infections last week — appears to be even better at evading the immune system than the dominant BA.5.
In China, authorities this week locked down 65 million of its citizens under tough COVID-19 restrictions and is discouraging domestic travel during upcoming national holidays.
Across the country, 33 cities including seven provincial capitals are under full or partial lockdown covering more than 65 million people, according to a tally published late Sunday by the Chinese business magazine Caixin.
It said that outbreaks have been reported in 103 cities, the highest since the early days of the pandemic in early 2020.
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Follow all AP stories on the pandemic at https://apnews.com/hub/coronavirus-pandemic | https://cw33.com/health/ap-health/ap-who-covid-cases-drop-everywhere-but-pandemic-not-over/ | 2022-09-07T16:56:50Z |
The winner of Sen. Richard Burr’s seat may end up tipping the Senate’s partisan divide
Voters in North Carolina will select the two finalists vying for Burr’s seat for the November election.
WASHINGTON (Gray DC) - With the Senate split 50-50, Vice President Kamala Harris casts the tie breaking vote for the Democrats in her role as President of the Senate.
Dr. Todd Belt of The George Washington University said that could all change if a Democrat wins Sen. Richard Burr (R-NC)’s seat, which would give Democrats control in the Senate.
“Republicans have a really tough time this election cycle because 21 of the seats that are up are ones they have to defend,” said Dr. Belt.
According to a new poll from The Hill and Emerson College, Trump-endorsed Rep. Ted Budd is the frontrunner for Republicans.
The North Carolina congressman is in the lead with 43% over other Republican candidates.
When it comes to Democrats, Rob Schofield, the director of public policy think tank NC Policy Watch said there appears to be a front runner for the November election.
“The Democrats have already sort of anointed and unified behind a very strong, compelling candidate who has run for statewide office before,” said Schofield.
That candidate is former public defender and judge Cheri Beasley.
But, according to The Hill and Emerson College poll, in a head-to-head matchup, Budd outperforms Beasley 48% to 41%.
Despite the numbers, Schofield said nothing’s final until votes are counted.
“At this point, the pundits are saying it leans republican, but we’re a deeply purple state,” said Schofield.
When it comes to issues important to North Carolina voters, Schofield said with the state’s military ties, war and peace are important as well as abortion rights.
Copyright 2022 Gray DC. All rights reserved. | https://www.mysuncoast.com/2022/05/17/winner-sen-richard-burrs-seat-may-end-up-tipping-senates-partisan-divide/ | 2022-05-17T17:12:49Z |
GRAND RAPIDS, Mich. (AP) — A jury on Tuesday convicted two men of conspiring to kidnap Michigan Gov. Gretchen Whitmer in 2020, delivering swift verdicts in a plot that was broken up by the FBI and described as a rallying cry for a U.S. civil war by anti-government extremists.
The result was a big victory for the U.S. Justice Department. A different jury just four months ago couldn’t reach unanimous decisions on Adam Fox or Barry Croft Jr. but acquitted two other men, a stunning conclusion that led to a second trial.
Their arrests nearly two years ago came at an extremely tense time: the volatile homestretch of the election between Joe Biden and then-President Donald Trump playing out against a backdrop of armed protests over COVID-19 restrictions, especially in Michigan.
Jury selection in the retrial of Fox and Croft coincidentally occurred a day after FBI agents searched Trump’s Mar-a-Lago estate for documents, putting the agency in headlines at the same time that the judge was trying to detect any biases about law enforcement in the jury pool.
Fox and Croft were convicted Tuesday of two counts of conspiracy related to the kidnapping scheme and attempts to use a weapon of mass destruction. Prosecutors said they wanted to blow up a bridge to disrupt police if the abduction could be pulled off at Whitmer’s vacation home.
Croft, 46, a trucker from Bear, Delaware, was also convicted of another explosives charge. The jury deliberated for roughly eight hours over two days.
“Today’s verdicts prove that violence and threats have no place in our politics and those who seek to divide us will be held accountable. They will not succeed,” said Whitmer, a Democrat, who turned 51 years old on Tuesday.
“But we must also take a hard look at the status of our politics,” she added. “Plots against public officials and threats to the FBI are a disturbing extension of radicalized domestic terrorism that festers in our nation, threatening the very foundation of our republic.”
Law enforcement officials across the country have been warning about an increase in threats and the potential for violence against agents or buildings.
Fox and Croft, who face sentences of up to life in prison, just stared at the jury as the verdicts were read. Defense attorney Christopher Gibbons shook his head while another defense lawyer, Joshua Blanchard, removed his glasses.
Jurors declined to speak to reporters outside the courthouse.
“It’s been a good fight. We were hoping for a different outcome,” Gibbons said.
During closing arguments Monday, a prosecutor had a blunt message: No one can strap on an AR-15 rifle and body armor and snatch a governor.
“But that wasn’t the defendants’ ultimate goal,” Assistant U.S. Attorney Nils Kessler said. “They wanted to set off a second American civil war, a second American Revolution, something that they call the boogaloo. And they wanted to do it for a long time before they settled on Gov. Whitmer.”
The investigation began when Army veteran Dan Chappel joined a Michigan paramilitary group and became alarmed when he heard talk about killing police. He agreed to become an FBI informant and spent the summer of 2020 getting close to Fox and others, secretly recording conversations and participating in drills at “shoot houses” in Wisconsin and Michigan.
The FBI turned it into a major domestic terrorism case with two more informants and two undercover agents embedded in the group. Evidence showed the group had many gripes, particularly over stay-at-home orders and other pandemic restrictions imposed by Whitmer.
Fox, Croft and others, accompanied by the government operatives, traveled to northern Michigan to see Whitmer’s vacation home at night and a bridge that could be destroyed. Ty Garbin and Kaleb Franks, too, were on that ride. They pleaded guilty and testified for the prosecution.
Whitmer was not physically harmed; six men were arrested hours away from her home in October 2020.
David Porter, who leads the FBI in western Michigan, hailed the verdicts.
“Here in America, if you disagree with your government you have options. … What you cannot do is plan or commit acts of violence,” he said outside the courthouse.
Defense attorneys tried to put the FBI on trial, repeatedly emphasizing through cross-examination of witnesses and during closing remarks that federal players were present at every crucial event and had entrapped the men.
Fox and Croft, they said, were “big talkers” who liked to smoke marijuana and were guilty of nothing but exercising their right to say vile things about Whitmer and government.
“This isn’t Russia. This isn’t how our country works,” Blanchard, Croft’s attorney, told jurors. “You don’t get to suspect that someone might commit a crime because you don’t like things that they say, that you don’t like their ideologies.”
Gibbons said the FBI isn’t supposed to create “domestic terrorists.” He described Fox, 39, as poor and living in the basement of a Grand Rapids-area vacuum shop, which was a site for meetings with Chappel and an agent.
In separate but related cases, eight other men linked to the scheme are being prosecuted by the Michigan attorney general in state courts.
Whitmer in 2020 blamed Trump for stoking mistrust and fomenting anger over coronavirus restrictions and refusing to condemn hate groups and right-wing extremists like those charged in Michigan.
Trump even recently called the kidnapping plan a “fake deal.”
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Find the AP’s full coverage of the kidnapping plot trial: https://apnews.com/hub/whitmer-kidnap-plot-trial
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White reported from Detroit.
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Follow Ed White at http://twitter.com/edwritez | https://cw33.com/news/u-s-news/ap-us-headlines/deliberations-start-for-2-men-charged-in-gov-whitmer-plot/ | 2022-08-23T20:38:23Z |
Military-grade explosives found in a Colorado neighborhood
COLORADO SPRINGS, Colo. (KKTV/Gray News) - An unexpected discovery in the trash Tuesday morning triggered an investigation in a residential neighborhood east of downtown Colorado Springs.
The Colorado Springs Police Department’s bomb squad was called to the area after someone believed they found a possible grenade in a garbage.
“I was going to put some stuff in the garbage can, and I moved the Walmart bag that was on top, and there was a grenade,” Floyd Clarke told KKTV. “I reached down and touched it. When I moved the bag I touched it. Then I seen what it was and it said ‘grenade frag’ on it, so I went inside and called 911 right away.”
Police announced the Regional Explosive Unit determined the explosives found were “real and also military-grade.”
The device was contained, and the Fort Carson 71st Explosive Ordinance D Unit was called to the area for proper disposal back on post.
Copyright 2022 KKTV via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/15/military-grade-explosives-found-colorado-neighborhood/ | 2022-06-15T11:58:03Z |
Russian cosmonauts ‘blindsided’ by controversy over arriving at ISS in yellow spacesuits, NASA astronaut says
By Katie Hunt, CNN
The three Russian astronauts who boarded the International Space Station last month in spacesuits that echoed the colors of Ukraine’s flag were paying tribute to their university and not protesting Russia’s invasion, NASA astronaut Mark Vande Hei said Tuesday.
The yellow and blue spacesuits surprised many observers, who assumed the Russians were showing support for Ukraine. However, the three cosmonauts are all graduates of Bauman Moscow State Technical University, which has yellow and blue in its emblem.
Vande Hei said cosmonauts Oleg Artemyev, Denis Matveev and Sergey Korsakov were caught off guard by the controversy over their spacesuits.
“All three of them happened to be associated with the same university, and I think they were kind of blindsided by it,” he said at a press conference.
Vande Hei said he didn’t shy away from discussing the war with his ISS crewmates.
“They weren’t very long discussions, but I did ask them how they were feeling and sometimes asked pointed questions, but our focus was on our mission together.”
Vande Hei landed in Kazakhstan in a Russian Soyuz MS-19 spacecraft on March 30 after a record-breaking 355 days spent in space. He traveled back from the space station with cosmonauts Anton Shkaplerov and Pyotr Dubrov.
Geopolitical tensions
His return from the ISS was highly anticipated and drew unprecedented attention because of mounting geopolitical tensions fueled by Russian space agency chief Dmitry Rogozin, who made several fiery social media posts directed at the United States.
This included Rogozin retweeting a partially animated video that appeared to threaten that Russian astronauts would abandon Vande Hei in space. Rogozin also engaged in a Twitter spat with retired NASA astronaut Scott Kelly, who held the record for the longest stint in space by a US astronaut until Vande Hei surpassed him.
Vande Hei said he heard about the tweets from his wife. “I never perceived those tweets as anything to take seriously,” he said, adding he saw the tweets as aimed at a “different audience” other than him.
“I just didn’t spend a lot of emotional energy paying attention to it. I heard about it. I kind of laughed it off and moved on,” he said.
On Saturday, Rogozin suggested in a series of tweets that Russia might end cooperation with the ISS due to international sanctions on Moscow and said Russia would prepare “concrete proposals to our country’s leadership” on the possibility of ending cooperation at the ISS with the space agencies of the US, Canada, the European Union and Japan.
NASA said, “the professional relationship between our international partners, astronauts and cosmonauts continues for the safety and mission of all on board the ISS.”
Other parts of Russia’s space program have been affected by the war in Ukraine. The country’s Mars rover project with the European Space Agency is on hold.
Russian crewmates ‘dear friends’
Vande Hei declined to reveal how the Russians on board felt about the invasion of Ukraine. “Those are things that I would prefer that they get to share directly rather than me sharing how they feel about it,” he said.
He said the invasion itself was “heartbreaking, very sad” and he felt “powerless” learning about it while living in space. Vande Hei said it didn’t change his feelings about his Russian crewmates.
“They were, are, and will continue to be very dear friends of mine. We supported each other throughout everything. And I never had any concerns about my ability to continue to work with them.”
Upon landing after his record-breaking mission, Vande Hei said he was able to walk after about eight hours, though he said he was wobbly.
He said he was also happy to eat some guacamole for the first time in a year and was shocked at how normal it felt to be back on Earth after so long in space.
“It’s a little disappointing how normal it feels.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Rachel Crane and Ross Levitt contributed to this report. | https://localnews8.com/news/national-world/cnn-world/2022/04/05/russian-cosmonauts-blindsided-by-controversy-over-arriving-at-iss-in-yellow-spacesuits-nasa-astronaut-says/ | 2022-04-05T20:35:04Z |
MCLEAN, Va., Aug. 23, 2022 /PRNewswire/ -- BBB National Programs' Children's Advertising Review Unit (CARU) today issued a new compliance warning regarding the application of CARU's Self-Regulatory Guidelines for Children's Advertising to advertising practices directed to children in the metaverse. The announcement was made by Mamie Kresses, vice president, CARU.
Said Kresses: "Our warning puts advertisers, brands, influencers and endorsers, developers, and others on notice that CARU's Advertising Guidelines apply to advertising in the metaverse and that CARU will strictly enforce its Guidelines against metaverse advertising."
CARU's Advertising Guidelines are widely recognized industry standards designed to assure that advertising directed to children is not deceptive, unfair, or inappropriate for its intended audience. CARU monitors child-directed media to ensure compliance with its Advertising Guidelines, seeking the voluntary cooperation of companies and, where necessary, referral for enforcement action to an appropriate federal regulatory body, usually the Federal Trade Commission (FTC), or to a state Attorney General.
In this compliance warning for the metaverse, CARU reminds advertisers that the Advertising Guidelines apply to all advertising, in any medium, directed to children under age 13, and that the Guidelines require that advertising be neither deceptive nor unfair to the children to whom it is directed, as these terms are applied under the FTC Act.
In the metaverse, according to CARU's Kresses, advertisers should be particularly cautious in the following areas:
- Avoid blurring advertising and non-advertising content. Today, advertising can be seamlessly woven into interactive gaming, entertainment, and educational content, along with the blending of influencer marketing and user-generated content, across increasingly connected spaces. In metaverse spaces, the risk of blurring advertising and content is intensified. CARU's Guidelines require that advertising must be easily identifiable as advertising. On this issue, CARU will examine whether and how advertising is identified.
- Influencer and endorser advertising must be clearly disclosed. In the metaverse, influencer marketing, including through avatar influencers that can interact directly with children to promote brands, creates potential confusion as to whether influencers are advertising or simply expressing their own preferences. CARU makes it clear that both advertisers and their influencers are responsible for claims made and will be looking for clear and conspicuous disclosures identifying the material relationship between the influencer and advertiser.
- Manipulative tactics in advertising are prohibited. The risk of manipulating children into unwittingly viewing ads or making purchases is heightened where advertising is interwoven into children's content. Per CARU's Advertising Guidelines, advertising directed to children cannot use manipulative tactics to induce children to view or interact with advertising or make in-game purchases. In addition, CARU's Guidelines also explicitly identify, and CARU will be on the lookout for, the use of other prohibited advertising practices that put undue social or emotional pressure on children.
- Use clear and conspicuous disclosures. Not only does CARU require advertisers to avoid manipulation, blurring, and other deceptive advertising techniques, but CARU's Guidelines require disclosures of material information to be clear and conspicuous. This means disclosures must be understandable to the children in the intended audience, taking into account their limited vocabularies and level of language skills, and must be presented so that they are easily noticeable and prominent so children are likely to see and hear them.
In this compliance warning, CARU alerts industry to its enforcement priorities regarding advertising in the metaverse, as well as in augmented and virtual reality worlds. Kresses encourages advertisers, developers, influencers and endorsers, and others to review CARU's Advertising Guidelines to understand how to truthfully, transparently, and appropriately advertise to children in these and other media.
For the full text of this compliance warning, click here. Access CARU's Advertising Guidelines here.
About BBB National Programs: BBB National Programs is where businesses turn to enhance consumer trust and consumers are heard. The non-profit organization creates a fairer playing field for businesses and a better experience for consumers through the development and delivery of effective third-party accountability and dispute resolution programs. Embracing its role as an independent organization since the restructuring of the Council of Better Business Bureaus in June 2019, BBB National Programs today oversees more than a dozen leading national industry self-regulation programs, and continues to evolve its work and grow its impact by providing business guidance and fostering best practices in arenas such as advertising, child-directed marketing, and privacy. To learn more, visit bbbprograms.org.
About Children's Advertising Review Unit: The Children's Advertising Review Unit (CARU), a division of BBB National Programs and the nation's first Safe Harbor Program under the Children's Online Privacy Protection Act (COPPA), helps companies comply with laws and guidelines that protect children from deceptive or inappropriate advertising and ensure that, in an online environment, children's data is collected and handled responsibly. When advertising or data collection practices are misleading, inappropriate, or inconsistent with laws and guidelines, CARU seeks change through the voluntary cooperation of companies and where relevant, enforcement action.
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SOURCE BBB National Programs | https://www.wibw.com/prnewswire/2022/08/23/childrens-advertising-review-unit-issues-compliance-warning-child-directed-advertising-metaverse/ | 2022-08-23T13:38:51Z |
Barbie unveils its first-ever doll with hearing aids
Leah Dolan, CNN
Barbie, the 63-year-old American doll manufacturer, is releasing a new set of dolls in June as part of its ongoing efforts towards diversity and inclusion. From creating the brand’s first ever Barbie with hearing aids, to a Ken doll with the skin condition vitiligo, 2022’s Fashionista line up — which will be launched in Walmart, Target and Amazon — will help kids “see themselves reflected,” said Mattel’s Global Head of Barbie Dolls, Lisa McKnight, in a press statement.
She added that children should also be encouraged to play with dolls that don’t resemble them to help them “understand and celebrate the importance of inclusion.”
For the Barbie with hearing aids, the company sought the expertise of Dr. Jen Richardson, a leading practitioner in educational audiology, to help accurately imitate behind-the-ear devices for the toy. Richardson said the ponytailed-Barbie complete with hot pink hearing aid could inspire those who have experienced hearing loss. “I’m beyond thrilled for my young patients to see and play with a doll who looks like them,” she said in a press release.
Changes have been made to the stereotypical Barbie body type, too. From smaller chests to fuller-figures and even slender, less-muscular male dolls, the new toys are intended to be more representative of varied body types.
Barbie’s range of dolls have become increasingly diverse in recent years. In 2019 they released a blonde, blue-eyed Barbie in a wheelchair and a brunette doll with a prosthetic leg. In 2020, the company unveiled a Black Barbie with the skin condition vitiligo — it became one of the best sellers from the Fashionista line in the US that year, according to the company. Similarly in 2021, a Black doll with an afro hairstyle was a global success, ranking as one of the top five most popular models worldwide.
Top image: Barbie’s first ever doll with hearing aids, on sale from June 2022.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/11/barbie-unveils-its-first-ever-doll-with-hearing-aids/ | 2022-05-11T15:30:28Z |
HOUSTON, Aug. 10, 2022 /PRNewswire/ -- Melax Tech, a world leader in biomedical Natural Language Processing (NLP) technology, today announced the securing of a Phase One SBIR award focused on developing real-time surveillance of vaccine misinformation from social media platforms using ontology and NLP.
The Phase One SBIR grant, valued at $300,000, has been awarded by the National Institute of Allergy and Infectious Diseases (NIAID) to develop innovative and cutting-edge computational algorithms, including semantic technologies and NLP algorithms to model, extract and synthesize vaccine misinformation from multiple popular social media sources.
"This is a very real topic affecting culture at present and shows that we as a collective business and group of experts continue to be on the cutting-edge of science in the NLP and AI domain," said Andre Pontin, CEO at Melax Tech.
Dr. Jingcheng Du, Director of NLP research at Melax Tech, noted, "A major driver for vaccine hesitancy is widespread and uncontrolled vaccine misinformation. As one of its first kinds, we will build deep learning-based NLP algorithms to extract and normalize vaccine misinformation from social media. Furthermore, to engage a broad community, we will develop an interactive visualization to synthesize the vaccine misinformation into a comprehensible format. We are very excited and enthusiastic about this project and its potential to improve public health."
Melax Tech empowers businesses, laboratories, and other life sciences organizations to use natural language processing (NLP) technology to unlock unstructured textual data. Clients use our AI-powered software to uncover insights, make decisions, and research breakthroughs. With a team whose expertise encompasses more than 20 years of experience in developing clinical NLP technology, Melax Tech has ranked first in a dozen international NLP challenges. This award-winning software is used in computer-assisted medical coding, clinical decision support, surveillance, care quality, patient safety reporting, and client-defined projects.
For more information about Melax Tech's innovative solutions, visit the company website.
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SOURCE Melax Technologies, Inc. | https://www.kxii.com/prnewswire/2022/08/10/melax-tech-receives-niaid-award-develop-real-time-surveillance-vaccine-misinformation-social-media-platforms/ | 2022-08-10T17:56:21Z |
Critical to UK energy security strategy
LONDON, May 13, 2022 /PRNewswire/ -- Bechtel, a trusted engineering, construction, and project management partner to the global nuclear industry for nearly 70 years, today applauded the opening of the UK Future Enabling Fund, a £120 million fund to boost cutting-edge nuclear projects supporting the recently announced British Energy Security Strategy.
"The UK is showing visionary leadership by stimulating competition, research, and development of new nuclear projects in Britain," said Ahmet Tokpinar, general manager of Bechtel's nuclear power business. "We are committed to facilitating the achievement of the net-zero targets set by UK government at pace and scale, and we look forward to engaging in the Expression of Interest process on one or more projects."
Bechtel is currently completing construction of the only new nuclear power plant under construction in the United States, is serving as the engineering, procurement, and construction partner with TerraPower for the Natrium advanced reactor demonstration plant in the state of Wyoming, and is engaged in front-end engineering and design of a new nuclear plant in Poland, which would be that nation's first-ever.
Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Bechtel serves the Infrastructure; Nuclear, Security & Environmental; Energy; and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations. www.bechtel.com
Fred deSousa
T : +1 703 429 6435
C : +1 571 364 5733
tfdesous@bechtel.com
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SOURCE Bechtel | https://www.wibw.com/prnewswire/2022/05/13/bechtel-supports-opening-uk-future-nuclear-enabling-fund/ | 2022-05-14T01:00:43Z |
Published: May. 26, 2022 at 2:15 AM CDT|Updated: 35 minutes ago
Epson to Showcase Live High-Tech Automation Solution Demos and Present Industry Insights on Manufacturing Considerations for Automation Success
LOS ALAMITOS, Calif., May 26, 2022 /PRNewswire/ --
MEDIA ALERT:
About Epson Robots
Epson Robots is a global leader in PC-controlled precision factory automation, with well over 100,000 units sold worldwide1 and a product line of hundreds of models of easy-to-use SCARA and 6-Axis robots based on a common PC-based platform. Building on a four-decade heritage, Epson Robots today delivers robots for precision assembly and material handling applications in the aerospace, appliance, automotive, biotechnology, consumer product, electronics, food processing, medical device, pharmaceutical, plastics, semiconductor, and telecommunication industries. For more information, visit www.epsonrobots.com, or follow our Spotlight page on LinkedIn (https://www.linkedin.com/showcase/epson-america-robots-/)
About Epson
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion. global.epson.com/
EPSON, ColorWorks and Epson RC+ are registered trademarks and EPSON Exceed Your Vision is a registered logomark of Seiko Epson Corporation. IntelliFlex is a trademark of Epson America, Inc. All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in these marks. Copyright 2022 Epson America, Inc.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/05/26/epson-unveil-new-scara-robots-automate-2022/ | 2022-05-26T07:50:32Z |
A Columbus man has been charged with raping a 10-year-old Ohio girl who then had to travel to Indiana seeking an abortion after the Supreme Court overturned Roe v. Wade, according to court proceedings CNN obtained through affiliate WBNS.
Rumors of the case garnered national and international attention, with some US political leaders referencing it in conversations regarding abortion bans.
Gerson Fuentes, 27, was arrested on Tuesday, according to Columbus police and court documents. He has been charged with felony rape of a minor under the age of 13 years old, according to the Franklin County Municipal Court. His first appearance in court was Wednesday, according to the court.
CNN has reached out to Fuentes' attorney for comment.
Police were first alerted to the child's pregnancy in late June through a referral by a local children services department that was made by the 10-year-old's mother, Det. Jeffrey Huhn testified in Fuentes' arraignment on Wednesday.
Fuentes admitted to authorities that he raped the young girl on at least two occasions, Huhn testified.
The 10-year-old girl underwent a medical abortion in Indianapolis on June 30, the detective testified. Huhn said that DNA from the Indianapolis clinic was being tested against samples from Fuentes and the child's siblings.
Fuentes is being held on $2 million bond, according to the court. His next appearance is July 22, court documents show.
In a Wednesday statement, Ohio Attorney General Dave Yost said, "My heart aches for the pain suffered by this young child."
"I am grateful for the diligent work of the Columbus Police Department in securing a confession and getting a rapist off the street," Yost said. "Justice must be served and (the Ohio Bureau of Criminal Investigation) stands ready to support law enforcement across Ohio putting these criminals behind bars."
After Roe v. Wade was overturned, an Ohio law banning abortions as early as six weeks into a pregnancy went into effect.
Dr. Caitlin Bernard, an Indianapolis-based obstetrician-gynecologist, previously told CNN that after being contacted by a child abuse doctor in neighboring Ohio, she recently helped a 10-year-old girl have an abortion in Indiana. The young girl was six weeks and three days into the pregnancy, Bernard told CNN.
The doctor said she saw an immediate influx of patients seeking abortions in Indiana, particularly from bordering states Kentucky and Ohio, which passed laws severely limiting abortion care following the Supreme Court decision.
The Columbus Dispatch newspaper was first to report on the case and arrest. The Columbus Police Department would not immediately provide additional details on the arrest.
"Out of compassion for victims we will not comment on any rapes of juveniles," Columbus police spokesperson Sgt. Joe Albert told CNN.
CNN has reached out to the Ohio Attorney General, Franklin County Child Services and an Indiana-based abortion provider for additional details.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/a-man-was-charged-in-the-rape-of-a-10-year-old-who-traveled-to/article_a71e0a1f-8e94-5463-8ac1-333cdfcdd166.html | 2022-07-14T03:47:32Z |
Man City, Liverpool both win in EPL; Brentford stuns Chelsea
By STEVE DOUGLAS
AP Sports Writer
Liverpool completed its 119-day mission to displace Manchester City from atop the English Premier League but it lasted only a matter of hours. The status quo was maintained in the title race after both teams won. Liverpool was first up in beating Watford 2-0 to make it 10 straight victories in the league. That meant City dropped out of first place for the first time since Dec. 4. Pep Guardiola’s team kicked off barely 30 minutes later at relegation-threatened Burnley and also won 2-0. One point separates City and Liverpool and they meet next weekend. Chelsea lost 4-1 to Brentford and Manchester United was held 1-1 by Leicester. | https://localnews8.com/sports/ap-national-sports/2022/04/02/man-city-liverpool-both-win-in-epl-brentford-stuns-chelsea/ | 2022-04-02T19:13:42Z |
DMYTRIVKA, Ukraine — One of the last working dairy farms on Ukrainian-controlled territory in the eastern Donbas region is doing everything it can to stay afloat in a place where neither workers nor animals are safe from Russia’s devastating war.
Only around 200 head of cattle remain of the nearly 1,300 kept at the farm before Russia invaded Ukraine on Feb. 24. The 8,000-acre farm, set amid rolling hills in embattled Donetsk province, is producing two tons of milk a day compared to 11 tons daily before the war, its managers say.
While a significant proportion of the KramAgroSvit farm’s revenues also once came from cultivating wheat, continuing that work comes with risks. As a farm employee harvested wheat with a grain combine Sunday, the machine hit two land mines, resulting in a fire that burned more than 60% of the worker’s body.
The worker survived, but is in critical condition as doctors tend to an infection.
An inspection by an emergency services team found 19 additional mines in the field, said Ihor Kriuchenko, the farm’s senior livestock technician, adding that going out to harvest now is “very dangerous due to the shelling and mines.” Farmhands drive combines around visible artillery fragments to avoid them.
Such realities of war have created a cascading series of complications that coalesced to drive the farm’s business down dramatically. In the nearby city of Kramatorsk, the provisional capital of Donetsk province, Russia’s attacks and a lack of gas for heating and cooking have caused most residents to evacuate, creating less demand for dairy products and, consequently, falling profits.
Business also took a hit as Russian forces captured several other cities where the farm had distributed its milk and those markets disappeared behind the front line.
Such conditions — disrupted demand and supply chains along with danger from shelling and mines — have made the prospect of farming in eastern Ukraine fraught with risks that threaten the future of the KramAgroSvit farm, which has been in business since 2003.
“This farm was hit (by a rocket), and 38 cows were killed, plus some of our farming equipment and vehicles were destroyed. Investors decided it was too risky to keep so many cows here, so they were sold abroad,” Kriuchenko said.
The farm’s owner had all the pigs and rabbits once raised there slaughtered and sold amid the uncertainty, he said.
Anna Lavrenyuk, general director of Ukraine’s Association of Milk Producers, said at the end of June that Ukrainian dairy farms lost at least 50,000 head of cattle worth an estimated $136 million during the first three months of the war.
Approximately 800 industrial dairy farms lost assets that included animals, barns, farming equipment and animal feed, Lavrenyuk said, while milk yields in front-line and Russian-occupied territories dropped by more than half since the war began.
Ukrainian milk production was likely to fall to 2 million tons for the year, down by 750,000 tons since 2021, she said.
Only around a third of the KramAgroSvit farm’s previous staff of 63 employees remains, Kriuchenko said, and revenues have dropped six-fold since Russian forces launched their offensive to seize the Donbas, an industrial region made up of Donetsk and neighboring Luhansk province.
One such worker, Nataliia Onatska, lined up around 50 cows side by side Wednesday and attached vacuum pumps to their udders in one of the farm’s long, musty milking hangars.
She’s spent her entire life on a farm and calls her job “the point of my life.”
“I wish everything was like it was before and everyone had kept their jobs,” Onatska said. “It’s scary to live now. I’m just living from day to day.”
The farm now feeds its wheat to the cows as grain prices have fallen and logistics costs have spiked, Kriuchenko said. The crop wasn’t profitable on the market because of a Russian naval blockade of Ukraine’s Black Sea ports that a U.N.-brokered agreement is only now slowly remedying.
But of all the myriad challenges facing the farm, he said, the most difficult part has been saying goodbye to colleagues who had invested so much in its success. Amid the cutbacks, he said, he had to fire his wife.
“It was very hard and sad to let all our staff go. Our team was brought together from nothing, and there was great teamwork, everything was good,” he said. “It was a shock for me to say goodbye to them.”
As Halyna Borysenko, another worker in the dairy, finished milking the cows for the day, she said she pitied them for also having to live through the war.
“The animals are acting differently. They’re scared just like we are,” she said. “They just can’t say it out loud.” | https://www.tdtnews.com/article_8f35d764-1b81-11ed-aa88-1ff4a7c6a1fd.html | 2022-08-14T05:50:01Z |
SD high school student told to cut hair or find a new school
SIOUX FALLS, S.D. (KSFY) - A 14-year-old boy in South Dakota will transfer high schools at the end of the semester after he was given the ultimatum to cut his hair or find a new school.
Braxton Schafer, 14, is a freshman at O’Gorman High School, a Catholic school in Sioux Falls, South Dakota. He was told he needed to cut his hair to comply with the school dress code or find a new school.
His parents say the timing of the decision was unfair, KSFY reports.
“He’s had one haircut his entire life, so cutting his hair would be significant,” said Braxton’s father, Derrick Schafer.
The O’Gorman dress code’s hair policy states that boys must keep hair length “above the eyes and not touching the collar.”
“People enroll in our Catholic schools, then they know what we stand for, and they know what we are representing and the structure and environment that we will create for their family,” said Kyle Groos, president of Bishop O’Gorman Catholic Schools.
At an open house on Aug. 24th, the high school’s assistant principal spoke with Braxton’s parents about the teen’s hair. Since then, they’ve met with other administrators.
“We were open to a lot of different compromises. The only one was just not cutting his hair,” Derrick Schafer said.
During his time at O’Gorman Junior High School, Braxton said he hadn’t received any complaints about his hair from staff. That changed after he transitioned to high school.
“There’s some communication that was broken down that was not corrected and needs to be corrected. That’s what probably has us in the situation that we’re talking about right now,” Groos said.
Braxton is an active member of the school band and played his first football game Thursday. His mom, Toni Schafer, spoke with the South Dakota High School Activity Association the next day.
“Since he’s practiced and had a game, he would not be able to transfer into another school and continue with the activity,” she said.
“He just wants to go to school. He just wants to play football. He wants to be in marching band. He wants to hang out with the kids,” Derrick Schafer said.
After extensive conversations, the school decided to let Braxton finish out the semester without cutting his hair, but after that, he will transfer to a different school.
“We’re sitting here talking about haircuts when I’m sending him there for an education, and we’re getting booted because we have long hair,” Toni Schafer said.
Copyright 2022 KSFY via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/31/sd-high-school-student-told-cut-hair-or-find-new-school/ | 2022-08-31T04:32:37Z |
Collaboration Supports Companies' Joint Focus on Medication Adherence and Affordability
SAN FRANCISCO, April 13, 2022 /PRNewswire/ -- Today, Sempre Health announced compelling outcomes achieved during the first year of its collaboration with Sanofi (Nasdaq: SNY), an innovative global healthcare company. The results coming out of this collaboration have already led to health plans expanding their Sempre programs for 2022-2023.
The first year of the Sanofi and Sempre Health collaboration led to substantial improvements in patient outcomes. In an analysis of the program, Sempre's interventions led to an increase of 25 percent in proportion of days covered, the widely used gold-standard measure of medication adherence. On average, in their first year in the program, Sempre patients refilled three more prescriptions than patients in the comparable non-Sempre cohort. These outcomes demonstrate the value proposition of the Sempre Health platform.
Through Sempre Health's collaboration with Sanofi, eligible patients on Lantus® (insulin glargine injection), Toujeo® (insulin glargine injection) and Soliqua® 100/33 (insulin glargine and lixisenatide injection) were able to utilize the Sempre platform.
"Our collaboration with Sempre Health is an important part of Sanofi's continued commitment to serve the needs of the diabetes community worldwide," said Chris Boulton, Vice President, Head of U.S. Diabetes at Sanofi. "Sanofi is continually focused on targeted efforts to provide best-in-class treatment options and innovative strategies to help patients manage their diabetes effectively. I'm looking forward to seeing this collaboration continue which helps expand access of our medicines to those who rely on them."
Unlike traditional coupons, which operate without payor involvement and offer patients static one-size-fits-all discounts, Sempre Health allows payors to turn on point-of-sale discounts for their members who have been prescribed specific chronic disease medications. By providing patients with the opportunity to earn increasing discounts when they remain adherent to their medications, Sempre allows patients to share in the cost savings their responsible health decisions are generating for insurers, care providers, and pharmaceutical companies. The savings realized on the Sempre program are significant -- the program reduces a patient's out-of-pocket costs on their eligible medications by up to 60 percent.
"Dynamic pricing has forever changed the landscape of medication adherence and affordability. Pharmaceutical companies are now able work in alignment with the insurance companies that reimburse for medicines, thereby reducing the burden on patients who have high out-of-pocket costs and incentivizing them to take their medications as prescribed," said Anurati Mathur, CEO of Sempre Health. "We are thrilled to see the meaningful outcomes realized by diabetes patients, a disease that impacts more than 34 million Americans, thanks to our collaboration with Sanofi."
High drug costs are one of the main reasons why roughly half of all Americans with chronic health conditions do not take their medications as prescribed1, according to the Center for Disease Control. Sempre's dynamic discounts, coupled with text message engagement, drive medication affordability and access for patients who need it most.
"This program has saved me a lot of money, and being a retiree, that means more than most people know. It's nice to see a pharma company work with insurance to make needed medicine more affordable," said 59 year old Vaux Adams, a patient from Armada, Michigan.
James Anderson, a 50 year old patient from South Bend, Indiana, noted, "In the past, I had to go without my medicine because it was too expensive. Now I don't have to choose between rent and medication, now I can afford both."
About Sempre Health
Sempre Health works with leading health plans and pharmaceutical companies to reduce the cost of copayments for patients who refill their prescriptions on time. Based on several internally and externally validated studies, Sempre Health boosts medication adherence by up to 15%, dramatically improving the health of millions of people and potentially saving hundreds of billions of dollars in avoidable medical costs. For more information visit: www.semprehealth.com.
Media Contact: Michele Fox, michele@120over80mktg.com
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SOURCE Sempre Health | https://www.kxii.com/prnewswire/2022/04/13/sempre-health-improved-medication-adherence-by-25-diabetes-patients-prescribed-sanofi-medications/ | 2022-04-13T09:22:37Z |
Charlotte Hornets forward Miles Bridges has been charged with felony domestic violence stemming from an incident earlier this week, the Los Angeles Police Department confirmed Friday.
The LAPD posted on Twitter that Bridges was arrested for “intimate partner violence with injury,” a felony, on Wednesday following an incident two days earlier in West Los Angeles.
He was released on $130,000 bond and has a July 20 court date. The LAPD said it does not release police reports on domestic violence arrests.
Mychelle Johnson, the mother of Bridges’ two young children, addressed the incident on Instagram Friday, posting several pictures of injuries and a medical report that read “adult victim of physical abuse by male partner; Assault by strangulation, Brain concussion; Closed fracture of nasal bone; Contusion of rib; Multiple bruises; Strain of neck muscle.”
“I hate that it has come to this but I can’t be silent anymore. I’ve allowed someone to destroy my home, abuse me in every way possible and traumatize our kids for life,” Johnson wrote on Instagram. “I have nothing to prove to the world, but I won’t allow anyone who could do something so horrible to have no remorse and paint a picture of something I’m not. I won’t allow the people around him to continue to silence me and continue to lie to protect this person.”
Bridges’ agent, Rich Paul, has not returned phone calls to The Associated Press and it was unclear whether he has an attorney. Attempts to reach Johnson also were unsuccessful and AP could not locate an attorney of record for her.
The 24-year-old Bridges is a restricted free agent who is expected to command big money in the free agent market this summer following a breakout season.
The 6-foot-7, 225-pound Bridges was the Hornets’ leading scorer last season, averaging 20.2 points and seven rebounds in his fourth NBA season.
The Hornets extended Bridges a qualifying offer earlier this week, allowing them a chance to match any offer sheet made by another team. The team indicated earlier this week — prior to knowledge of Bridges’ arrest — that it wanted to re-sign him.
The Hornets released a statement on Thursday, indicating they are looking into the incident. NBA spokesman Mike Bass said “we are in the process of gathering more information.”
___
More AP NBA coverage: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/lapd-hornets-bridges-charged-with-felony-domestic-violence/ | 2022-07-02T15:11:41Z |
New tech helps leading addiction and mental healthcare provider get patients the resources they need throughout the healing and recovery process
KANSAS CITY, Mo., Aug. 11, 2022 /PRNewswire/ -- The Hazelden Betty Ford Foundation is simplifying the distribution of addiction treatment and recovery support content with the Oracle Cerner electronic health record (EHR) and Xealth's digital therapeutic distribution platform. The new system makes it easier for Hazelden Betty Ford clinicians to personalize care for their patients by assigning them digital content, including therapeutic education, exercises, and workshops, accessible via the EHR's patient portal. The new central repository for patients will be accessible during in-person or online treatment and at later touchpoints throughout their long-term recovery process.
Hazelden Betty Ford, a longtime Oracle Cerner client, is the nation's largest nonprofit system of addiction treatment, mental health care, recovery resources and related prevention and education services.
"We are committed to personalized care and empowering our patients with accessible, relevant resources at every stage of recovery," said Deb Bauman, chief information officer and vice president of technology services at Hazelden Betty Ford, "Digital health content is a critical component of our care and support, and our collaboration with Oracle Cerner and Xealth is helping us get the right content to the right patients at the right time."
In December 2020, Oracle Cerner and Xealth began working together to help health care providers better leverage online content to serve their patients. Caregivers at Hazelden Betty Ford will now have the ability to assign therapeutic content from within their EHR workflow in response to individual patient situations and in anticipation of individual patient needs. In addition, care teams will gain insights into how patients are engaging with the content and how well each is performing via analytics organized in an intuitive dashboard and custom reporting. They can also edit existing content and launch new content as needed.
"Digital health is proving to reshape patient care and helps enable caregivers to create more engaging and effective patient experiences," said Bob Kopanic, Oracle Cerner senior vice president of North American client relationships. "This integration makes it easier for clinical staff to do their most important work - caring for their patients. We're pleased to help make it easier for Hazelden Betty Ford caregivers to meet patients where they are with digital health content that is easy to access and consume when and where they'd like to."
"Hazelden Betty Ford is a world-renowned force of healing and hope for individuals and families affected by the complex challenges of addiction and mental health concerns," said Mike McSherry, CEO and co-founder of Xealth. "We welcome the opportunity to help deepen the connection between patients and care teams by simplifying the process of bringing digital resources to people when and how they need them, getting more patients engaged and enabling more personalized, meaningful care."
A client since 2015, Hazelden Betty Ford uses a variety of Oracle Cerner technology to enhance the clinician and patient experience.
The Hazelden Betty Ford Foundation is a force of healing and hope for individuals, families and communities affected by addiction to alcohol and other drugs. As the nation's leading nonprofit provider of comprehensive inpatient and outpatient addiction and mental health care for adults and youth, the Foundation has treatment centers and telehealth services nationwide as well as a network of collaborators throughout health care. Through charitable support and a commitment to innovation, the Foundation is able to continually enhance care, research, programs and services, and help more people. With a legacy that began in 1949 and includes the 1982 founding of the Betty Ford Center, the Foundation today is committed to diversity, equity and inclusion in its services and throughout the organization, which also encompasses a graduate school of addiction studies, a publishing division, an addiction research center, recovery advocacy and thought leadership, professional and medical education programs, school-based prevention resources and a specialized program for children who grow up in families with addiction. Learn more at HazeldenBettyFord.org and on Twitter.
Oracle Cerner's health technologies connect people and information systems at thousands of contracted provider facilities worldwide dedicated to creating smarter and better care for individuals and communities. Recognized globally for innovation, Oracle Cerner assists clinicians in making care decisions and assists organizations in managing the health of their populations. The company also offers a connected clinical and financial ecosystem to help manage day-to-day revenue functions, as well as a wide range of services to support clinical, financial, and operational needs, focused on people. For more information, visit Cerner.com, Oracle Cerner Perspectives, connect on Facebook, Instagram, LinkedIn, Twitter or join the discussion on Oracle Cerner's podcast Perspectives on Health & Tech.
Xealth scales digital health programs, enabling clinicians to integrate, prescribe and monitor digital health tools for patients to drive engagement and utilization. Through the secure Xealth platform, clinicians can find and order the right digital health tools and programs for patients direct from the EHR workflow, send these digital health orders to the patient's email or patient portal, and then monitor activity. Xealth spun out of Providence St. Joseph Health (PSJH) in 2017, and investors include Atrium Health, Cleveland Clinic, MemorialCare Innovation Fund, Cerner, McKesson Ventures, Novartis, Philips, and ResMed as well as Providence Ventures, UPMC and the Froedtert and Medical College of Wisconsin Health Network. For more information, visit www.xealth.com or follow us on LinkedIn or Twitter.
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SOURCE Oracle Cerner | https://www.mysuncoast.com/prnewswire/2022/08/11/hazelden-betty-ford-taps-oracle-cerner-xealth-simplify-access-addiction-treatment-recovery-content/ | 2022-08-11T15:54:28Z |
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