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The innovative enhanced learning journey prepare executives to Lead, Engage, Advance, Drive (LEAD) — in an increasingly complex and rapidly changing world
FONTAINEBLEAU, France and SINGAPORE and SAN FRANCISCO, June 16, 2022 /PRNewswire/ -- INSEAD, The Business School for the World, today announced the launch of LEAD, its first 12-month flagship online executive education programme to help executives lead in an increasingly complex and rapidly changing world.
As the world's leading pioneer in leadership development, the INSEAD LEAD programme is built to offer a transformative, rigorous and impactful learning journey for executives to respond to volatile and ambiguous contexts, looking beyond short-term gains to understand the larger context and create sustainable value and impact for various stakeholders.
The INSEAD LEAD advantage:
- LEAD yourself, your team and your organisation
The programme goes deeper and further than many other executive education offerings, and is laser-focused on competencies of organisational leadership and aims to thoroughly transform participants' critical competencies and their ability to deliver global impact.
- ENGAGE with world-renowned INSEAD faculty, coaches and an international peer community
The rich and diverse cohort of faculty and coaches will challenge and encourage participants to advance how they navigate through business complexities, and lead with meaningful and sustainable impact.
- ADVANCE your understanding and your personal development
The programme leverages INSEAD's proficiency in online, virtual and blended learning to deliver high-impact, multi-dimensional and interactive learning experiences. Participants will explore critical business areas and continuously rethinking what it means for them to lead.
- DRIVE sustainable value and meaningful change in your leadership and across your organisation
The world is currently facing multiple disruptions, from supply chains challenges to geopolitical and energy crises. Where leaders sometimes struggle is discerning the real trends and shifts that are affecting business. The programme offers the tools and techniques to help participants know precisely where to focus energy and resources –by basing on three core pillars: Sensing Value, Delivering Value, and Sustaining Value.
Charles Galunic, Programme Director for INSEAD LEAD and Professor of Organisational Behaviour, says, "As leaders grapple with today's complex world, they look to create lasting value amidst all the noise and obstacles. INSEAD LEAD enables executives to gain specialised tools to expand their capabilities, and to develop their vision to create enduring value and impact for their stakeholders. The impactful and rigorous 12-month learning journey helps executives to see the world through multiple lenses and drive meaningful impact and relevant results."
Severine Guilloux, INSEAD Chief Marketing Officer, comments, "INSEAD has always been at the forefront of innovation and is one of the leading business schools in the world dedicated towards delivering immersive online executive education experiences, which has resulted in outstanding completion rates and strong engagement of the participants. This programme design reflects the two years that we spent closely looking at the changing needs of executives, not only from the point of view of what they learn, but how they learn. The unique learning design is an excellent fit for busy executives looking to advance their career and make an impact. It will be a truly transformational experience."
Flexible and high-impact learning experience
One big advantage of LEAD is that participants can learn at a pace convenient to their schedules. Complex concepts are delivered in short snippets in the most comprehensible way though online and asynchronous delivery. The learning journey is further enhanced by live (synchronous) touchpoints, live virtual presentations, and an in-person capstone at INSEAD Europe campus.
Learn more about the INSEAD LEAD Programme here. The first intake begins 29 Nov 2022.
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SOURCE INSEAD, The Business School for the World | https://www.wibw.com/prnewswire/2022/06/16/insead-launches-lead-its-first-12-month-transformational-flagship-online-programme/ | 2022-06-16T14:21:00Z |
BEIJING, May 24, 2022 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.
First Quarter 2022 Highlights[1]
- Net Revenues in the first quarter of 2022 were RMB1,471.3 million (US$232.1 million), compared to RMB1,841.6 million in the corresponding period of 2021.
- Net Income attributable to Autohome Inc. in the first quarter of 2022 was RMB318.2 million (US$50.2 million), compared to RMB704.3 million in the corresponding period of 2021 and net income attributable to ordinary shareholders in the first quarter of 2022 was RMB307.5 million (US$48.5 million), compared to RMB633.8 million in the corresponding period of 2021.
- Adjusted Net Income attributable to Autohome Inc. (Non-GAAP)[2] in the first quarter of 2022 was RMB437.5 million (US$69.0 million), compared to RMB735.1 million in the corresponding period of 2021.
- Share Repurchase: As of May 20, 2022, the Company has repurchased 1,574,674 American depositary shares ("ADSs") for a total cost of approximately US$43.9 million.
- New CFO Appointment: On May 6, 2022, the Board of Directors appointed Mr. Craig Yan Zeng as Chief Financial Officer of Autohome, effective on the same day.
Mr. Quan Long, Chairman of the Board of Directors and Chief Executive Officer of Autohome, stated, "Since the beginning of this year, the resurgence of COVID-19 pandemic in multiple cities of China has impacted most industries including the automobile industry. Despite the challenging macro environment, Autohome reported a solid first quarter with revenues totaling RMB1.47 billion, which exceeded the market expectation, and maintained good profitability and high margin level. We believe our steady financial performance and strong cash flow could support Autohome to navigate through market uncertainties and focus on long-term development. Meanwhile, a healthy balance sheet and ample cash reserves allow us to continue to implement our share repurchase program and dividend policy. During this quarter, we significantly enhanced our content offerings with a greater variety of video and live streaming content and upgraded our new energy vehicle ("NEV") platform with a refreshed layout and user-friendly functionalities. These initiatives have successfully strengthened Autohome's content ecosystem while delivering a better user experience and have already gained substantial traction. In March 2022, our aggregated average daily active users grew by 7.5% year-over-year to 45.21 million, according to QuestMobile, further solidifying our leadership position in the auto media sector. In addition, revenues from NEV brands soared by 156.1% in the first quarter of 2022 compared to the same period last year. We are also encouraged by the sustained growth momentum in the number of our dealer customers who have adopt an increasingly variety of our data products. Supported by our strong network effect, innovation capabilities and visionary management team, we believe these advancements will further strengthen our eco-platform and empower us to capture new opportunities in the years to come."
"Furthermore, we are thrilled to welcome Mr. Craig Yan Zeng to Autohome as our Chief Financial Officer. Mr. Zeng has over 20 years' experience in the capital markets and has held various senior management positions at both US-listed and HK-listed companies, including LexinFintech, Hop Hing Group Holdings, VanceInfo Technologies, as well as General Electric in the U.S. We believe his extensive experience, skills and leadership will be valuable asset to the Company and help Autohome achieve the next stage of growth." concluded Mr. Long.
Mr. Zeng, Chief Financial Officer of Autohome, added, "I am pleased to join Autohome's senior management team and look forward to contributing to the Company's long-term development. For the first quarter of 2022, we delivered better-than-expected results. The year-over-year revenue growth rate for our NEV brands and used car business both outperformed the market, demonstrating our value proposition and industry demand for our innovative products. Looking ahead, we will continue to focus on long-term business development and invest strategically to remain at the forefront of innovation while maintaining a high-quality growth standard. With the solid foundation we have built, our strong balance sheet and ample cash reserves, we believe we are well-positioned to achieve sustainable growth and deliver long-term value to our shareholders."
Unaudited First Quarter 2022 Financial Results
Net Revenue
Net revenues in the first quarter of 2022 were RMB1,471.3 million (US$232.1 million), compared to RMB1,841.6 million in the corresponding period of 2021.
- Media services revenues were RMB266.8 million (US$42.1 million), compared to RMB604.8 million in the corresponding period of 2021. The decline was attributable to the decrease in average revenue per automaker advertiser, which was primarily due to the ongoing chip shortage as well as the impact of the COVID-19 pandemic on certain cities in China in 2022.
- Leads generation services revenues were RMB708.2 million (US$111.7 million), compared to RMB697.6 million in the corresponding period of 2021.
- Online marketplace and others revenues were RMB496.3 million (US$78.3 million), compared to RMB539.1 million in the corresponding period of 2021. The decrease was primarily attributable to the impact of the COVID-19 pandemic on certain cities in China in 2022.
Cost of Revenues
Cost of revenues was RMB255.0 million (US$40.2 million) in the first quarter of 2022, compared to RMB243.1 million in the corresponding period of 2021. Share-based compensation expense included in cost of revenues in the first quarter of 2022 was RMB3.5 million (US$0.5 million), compared to RMB6.8 million in the corresponding period of 2021.
Operating Expenses
Operating expenses were RMB1,084.1 million (US$171.0 million) in the first quarter of 2022, compared to RMB1,115.8 million in the corresponding period of 2021.
- Sales and marketing expenses were RMB592.3 million (US$93.4 million) in the first quarter of 2022, compared to RMB682.6 million in the corresponding period of 2021, primarily due to the decrease in promotional spending. Share-based compensation expense included in sales and marketing expenses in the first quarter of 2022 was RMB8.4 million (US$1.3 million), compared to RMB11.1 million in the corresponding period of 2021.
- General and administrative expenses were RMB136.6 million (US$21.5 million) in the first quarter of 2022, compared to RMB128.6 million in the corresponding period of 2021. Share-based compensation expense included in general and administrative expenses in the first quarter of 2022 was RMB16.1 million (US$2.5 million), compared to RMB7.6 million in the corresponding period of 2021.
- Product development expenses were RMB355.2 million (US$56.0 million) in the first quarter of 2022, compared to RMB304.6 million in the corresponding period of 2021. The increase was primarily attributable to higher investment in research and development activities for digital products. Share-based compensation expense included in product development expenses in the first quarter of 2022 was RMB12.9 million (US$2.0 million), compared to RMB28.3 million in the corresponding period of 2021.
Operating Profit
Operating profit was RMB241.2 million (US$38.1 million) in the first quarter of 2022, compared to RMB566.6 million in the corresponding period of 2021.
Income Tax Expense
There was an income tax expense of RMB8.0 million (US$1.3 million) in the first quarter of 2022, compared to income tax expense of RMB65.0 million in the corresponding period of 2021. The decrease was primarily attributable to a preferential rate of 5% for withholding tax on cash dividends which was obtained in 2022.
Net Income attributable to Autohome Inc.
Net income attributable to Autohome Inc. was RMB318.2 million (US$50.2 million) in the first quarter of 2022, compared to RMB704.3 million in the corresponding period of 2021.
Net Income attributable to Ordinary Shareholders and Earnings per Share/ADS
Net income attributable to ordinary shareholders was RMB307.5 million (US$48.5 million) in the first quarter of 2022, compared to RMB633.8 million in the corresponding period of 2021. Basic and diluted earnings per share ("EPS") were RMB0.61 (US$0.10) and RMB0.61 (US$0.10), respectively, in the first quarter of 2022, as compared to basic and diluted EPS of RMB1.31 and RMB1.31, respectively, in the corresponding period of 2021. Basic and diluted earnings per ADS were RMB2.44 (US$0.38) and RMB2.44 (US$0.38), respectively, in the first quarter of 2022 as compared to basic and diluted earnings per ADS of RMB5.24 and RMB5.22, respectively, in the corresponding period of 2021.
Adjusted Net Income attributable to Autohome Inc. (Non-GAAP) and Non-GAAP Earnings per Share/ADS
Adjusted net income attributable to Autohome Inc. (Non-GAAP) was RMB437.5 million (US$69.0 million) in the first quarter of 2022, compared to RMB735.1 million in the corresponding period of 2021. Non-GAAP basic and diluted EPS were RMB0.87 (US$0.14) and RMB0.87 (US$0.14), respectively, in the first quarter of 2022 as compared to non-GAAP basic and diluted EPS of RMB1.52 and RMB1.51, respectively, in the corresponding period of 2021. Non-GAAP basic and diluted earnings per ADS were RMB3.47 (US$0.55) and RMB3.47 (US$0.55), respectively, in the first quarter of 2022, compared to non-GAAP basic and diluted earnings per ADS of RMB6.08 and RMB6.06, respectively, in the corresponding period of 2021.
Balance Sheet and Cash Flow
As of March 31, 2022, the Company had cash and cash equivalents and short-term investments of RMB20.27 billion (US$3,197.3 million). Net cash provided by operating activities in the first quarter of 2022 was RMB496.2 million (US$78.3 million).
Employees
The Company had 5,715 employees as of March 31, 2022, including 2,179 employees from TTP Car, Inc. ("TTP").
Conference Call Information
The Company will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 24, 2022 (8:00 PM Beijing Time on the same day).
Dial-in details for the earnings conference call are as follows:
Please dial in ten minutes before the call is scheduled to begin and provide the passcode to join the call.
A replay of the conference call may be accessed by phone at the following numbers until May 31, 2022:
Additionally, a live and archived webcast of the conference call will be available at http://ir.autohome.com.cn.
About Autohome Inc.
Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online destination for automobile consumers in China. Its mission is to engage, educate and inform consumers about everything auto. Autohome provides original generated content, professionally generated content, user-generated content, and AI-generated content, a comprehensive automobile library, and extensive automobile listing information to automobile consumers, covering the entire car purchase and ownership cycle. The ability to reach a large and engaged user base of automobile consumers has made Autohome a preferred platform for automakers and dealers to conduct their advertising campaigns. Further, the Company's dealer subscription and advertising services allow dealers to market their inventory and services through Autohome's platform, extending the reach of their physical showrooms to potentially millions of internet users in China and generating sales leads for them. The Company offers sales leads, data analysis, and marketing services to assist automakers and dealers with improving their efficiency and facilitating transactions. Autohome operates its "Autohome Mall," a full-service online transaction platform, to facilitate transactions for automakers and dealers. Further, through its websites and mobile applications, it also provides other value-added services, including auto financing, auto insurance, used car transactions, and aftermarket services. For further information, please visit www.autohome.com.cn.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to 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, Autohome's business outlook, Autohome's strategic and operational plans and quotations from management in this announcement contain forward-looking statements. Autohome may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission ("SEC"), in announcements made on the website of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Autohome'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: Autohome's goals and strategies; Autohome's future business development, results of operations and financial condition; the expected growth of the online automobile advertising market in China; Autohome's ability to attract and retain users and advertisers and further enhance its brand recognition; Autohome's expectations regarding demand for and market acceptance of its products and services; competition in the online automobile advertising industry; relevant government policies and regulatory environment of China; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Autohome's filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Autohome does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Use of Non-GAAP Financial Measures
To supplement net income presented in accordance with U.S. GAAP, we use Adjusted Net Income attributable to Autohome Inc., Non-GAAP basic and diluted EPS and earnings per ADS, Adjusted net margin and Adjusted EBITDA as non-GAAP financial measures. We define Adjusted Net Income attributable to Autohome Inc. as net income attributable to Autohome Inc. excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisition, certain noncontrolling interests adjustments for TTP (starting in the first quarter of 2021 for the first time, which included interest income related to convertible bond investment to TTP and is eliminated in consolidation), investment loss relating to non-operating impact of a write-down of the initial investment in a financial product, and (gain)/loss pickup of equity method investments, with all the reconciliation items adjusted for related income tax effects. We define Non-GAAP basic and diluted EPS as Adjusted Net Income attributable to Autohome Inc. divided by the basic and diluted weighted average number of ordinary shares. We define Non-GAAP basic and diluted earnings per ADS as Adjusted Net Income attributable to Autohome Inc. divided by the basic and diluted weighted average number of ADSs. We define Adjusted net margin as Adjusted Net Income attributable to Autohome Inc. divided by total net revenues. We define Adjusted EBITDA as net income attributable to Autohome Inc. before income tax expense, depreciation expenses of property and equipment, amortization expenses of intangible assets and share-based compensation expenses. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance, in addition to net income prepared in accordance with U.S. GAAP. We believe these non-GAAP financial measures are important to help investors understand our operating and financial performance, compare business trends among different reporting periods on a consistent basis and assess our core operating results, as they exclude certain non-cash charges or items that are non-operating in nature. The use of the above non-GAAP financial measures has certain limitations as they excluded certain items that have been and will continue to be incurred in the future, but such items should be considered in the overall evaluation of our results. These non-GAAP financial measures should be considered in addition to financial measures prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliation of non-GAAP and GAAP Results" set forth at the end of this press release.
For investor and media inquiries, please contact:
In China:
Autohome Inc.
Investor Relations
Tel: +86-10-5985-7483
E-mail: ir@autohome.com.cn
The Piacente Group, Inc.
Jenny Cai
Tel: +86-10-6508-0677
E-mail: autohome@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: autohome@tpg-ir.com
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SOURCE Autohome Inc. | https://www.mysuncoast.com/prnewswire/2022/05/24/autohome-inc-announces-unaudited-first-quarter-2022-financial-results/ | 2022-05-24T11:07:11Z |
A verdict has been reached in the federal civil suit against the Los Angeles County Sheriff and Fire Departments over graphic photos taken of the helicopter crash that killed Kobe Bryant, his daughter Gianna, and seven others.
After listening to 11 days of at times graphic testimony, a group of nine federal jurors deliberated for approximately three and a half hours before reaching their decision.
The deliberations began shortly after an attorney for Los Angeles County argued that the trial is a "pictures case with no pictures," noting that the gruesome photos of human remains have never actually been seen by the public -- or even the plaintiffs, Vanessa Bryant and Christopher Chester.
"No pictures is good. No pictures means no public dissemination... no risk of other people making mistakes," county attorney Mira Hashmall said in closing arguments of the trial.
In an emotional rebuttal, Bryant's attorney Luis Li argued Wednesday the actions of the county in taking such photos were reckless and inhumane and caused emotional distress.
"They poured salt into an unhealable wound and that's why we're all here today," he said.
The trial against LA county, the Sheriff's Department, Fire Department and others is centered on photos of human remains taken after the helicopter crash that killed NBA star Kobe Bryant and his daughter Gianna, Chester's wife Sarah and his daughter Payton and five others in January 2020.
The National Transportation Safety Board determined the helicopter pilot pushed the limits of bad weather flying rules before he crashed into a hillside in Calabasas, California.
Vanessa Bryant and Christopher Chester have argued that the taking and sharing of those photos caused emotional distress and violated their constitutional rights. Their attorneys asked the jury for damages of up to $42.5 million for Bryant and $32.5 million for Chester. Los Angeles County, though, has argued that it acted appropriately to investigate and delete the photos and prevent them from ever spreading.
Witnesses during the trial included a deputy who said he showed graphic images from the scene while at a bar, another deputy who said he shared photos while playing a video game, a deputy who sent dozens of photos to someone he didn't know, and a fire official who showed the images to other personnel during an awards ceremony cocktail hour.
In September 2020, California Gov. Gavin Newsom signed an invasion-of-privacy bill called the "Kobe Bryant Act" that makes it illegal for first responders to share photos of a dead person at a crime scene "for any purpose other than an official law enforcement purpose." The misdemeanor crime is punishable by up to $1,000 per violation.
Coincidentally, Los Angeles has named Wednesday, August 24, as "Kobe Bryant Day" to honor the Los Angeles Lakers star's two jersey numbers, 8 and 24, that he wore during his NBA career. The Lakers have retired both numbers.
Defense asks to separate emotions from legality
In closing arguments Wednesday, attorneys for Los Angeles County sought to separate Vanessa Bryant's emotional testimony from the legal issues the jury must consider.
Hashmall argued the county's actions to delete the photos resulted in them never being distributed publicly, and she argued further that first responders taking photos did not violate Bryant's rights.
She urged the jury to consider the law, which only allows for a verdict against the county if it can be proven county policies were deficient enough to prevent the spread of the photos or if there is a longstanding custom of such behavior within the sheriff and fire departments.
"If the county didn't take (the photo sharing) seriously, why is this whole case based on the county's investigation?" she said.
Jurors also will have to wrestle with what constitutes "the public" in this case. The plaintiffs argued any deputy without an investigatory reason to have the photos should be considered the public. One of the deputies shared photos containing human remains with another deputy as they were playing the video game "Call of Duty," and another showed them to a bartender he considered a friend.
Hashmall agreed that was wrong, but asked the jury to consider whether it "shocked the conscience," a legal threshold the jury must consider in rendering its verdict.
"Does it shock the conscience that he needed to talk?" Hashmall asked. She also noted that the deputy was disciplined for his actions. "That's not a constitutional issue, that's a county issue," she said.
In their rebuttal, Bryant's attorneys argued the photos could still exist because one of the deputies AirDropped them to a firefighter that hasn't been identified. They also argue the county inadequately investigated the incident, which has allowed for photos of human remains to potentially surface.
The rebuttal evoked tears from Vanessa Bryant and Lakers general manager Rob Pelinka in the courtroom. Li, Bryant's attorney, said the jury's decision is "important to families throughout the United States who might suffer a tragedy someday."
Referring to testimony given by veteran law enforcement officials including Sheriff Alex Villanueva, Li reminded the jury of a practice of first responders keeping "death books" since the Polaroid was around. Li said to the jury: "This has been going on for decades. Make it stop."
Vanessa Bryant cried audibly and grabbed tissues when Li stated that photos of family members' bodies torn apart are private and should not be shared with deputies just "because they're wearing a badge the next morning, to offer [the photos] to their wife."
In describing how deputies had to have gone out of their way to find Gianna Bryant's remains in a ravine to photograph her, Li asked, "Does that shock the conscience?"
Li said that while there is no jury form to check a box for better training, better policies, or more discipline, there is only a box jurors can check for damages: "Whatever you put in that box will serve to shine a light on the legacy of Kobe and Gianna Bryant."
Li concluded with applauding the two whistleblowers, one of whom sat in the courtroom. Li was emotional as he said: "But for those people, we may never have heard of this."
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The partnership optimizes Entromy's expertise in advanced technology-driven organizational and leadership insights with Summit's expert capabilities in leadership and organization assessment, development, and improvement – resulting in increased value for our clients
CHARLOTTE, N.C., May 17, 2022 /PRNewswire/ -- Summit Leadership Partners, selected by Forbes as one of America's best management consulting firms for advising boards, investors, CEOs and management teams on accelerating leadership and organization performance, and Entromy, a leading organizational insights platform powered by AI and natural language processing, today announced a commercial partnership to advance leadership and organization assessment and performance improvement.
The partnership will allow both firms to provide complementary capabilities and solutions to their clients in a more seamless and efficient way. The combination of Entromy's superior technology platform and Summit's experienced team of talent and organization consultants will bolster investor and executive decision making to increase growth, mitigate risk, and accelerate investor returns. In addition, Entromy and Summit will continue to work together to drive innovation and new solutions as the industry is increasingly recognizing the value of talent and organizational insights to drive better business performance.
"With the ever changing business landscape, our clients are facing a growing pressure to make quicker, more informed talent decisions to ensure optimal performance for organizations," said Dan Hawkins, Founder and CEO, Summit Leadership Partners. "Summit's new partnership with Entromy will allow our team of advisors to provide investors, CEOs, management teams and their organizations faster, deeper, and more actionable insights so they can reach peak organization performance. Our complementary capabilities and experienced team of advisors will be a significant benefit to our clients now and in the future."
"We are excited to expand our collaboration with Summit in a manner that will help executive teams better drive the changes needed and unveiled by Entromy's insights," said Jan Jamrich, Founder & CEO, Entromy. "Both Summit and Entromy share appreciation for driving business performance through talent and organizational insights. Partnering with Summit will give our clients access to a consulting partner who can help take actions needed to mitigate risk and further accelerate value creation. Our partnership will take the leadership advisory industry to the next level."
About Summit Leadership Partners, LLC
Summit Leadership Partners advises boards, investors, CEOs, and senior leaders on scaling business and improving organization performance through talent assessment, executive coaching, management team acceleration, leadership development and organization assessment and improvement. In addition to using advanced behavioral science and data driven tools to uncover opportunities and challenges, our exceptional consulting team deploys real-world solutions based on proven business experience and acumen. Summit has been recognized as one of America's Best Management Consulting Firms in 2022 by Forbes, ranked as one of the Inc. 5000's Fastest Growing Private Companies in America in both 2020 and 2021, and was listed as #5 on Consulting Magazine's 2020 Fastest Growing Companies. Summit also made the top 10 spot in Charlotte Business Journal's 2020 Fast 50. Summit Leadership Partners is located in Austin, Charlotte, Dallas, Denver, Los Angeles, Miami, Nashville, New York, and San Francisco. For more information, visit www.summitleadership.com, and follow us on LinkedIn, Twitter, and Facebook.
About Entromy
Entromy delivers leading advanced organizational assessments and leadership insights to help private equity firms and their portfolio companies mitigate risk and drive value creation without requiring months of manual effort. Based in Boston, Entromy has developed an innovative technology platform to surface specific key business risks, issues, and ideas in real-time – previously only possible through days of interviews, content alignment, and reporting effort. Entromy leverages cutting-edge natural language processing and organizational network analytic capabilities to synthesize insights in real-time to inform leadership addressing organizational health, business transformations, M&A due diligence and PMI, rapid growth of distributed teams, and overall business performance. For more information, visit www.entromy.com and LinkedIn.
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SOURCE Summit Leadership Partners | https://www.mysuncoast.com/prnewswire/2022/05/17/summit-leadership-partners-entromy-announce-partnership-advance-leadership-organization-insights/ | 2022-05-17T13:14:38Z |
Northwestern Medicine hospitals are among "America's Best Hospitals" in annual rankings
CHICAGO, July 26, 2022 /PRNewswire/ -- Northwestern Memorial Hospital retained its position as the No. 1 hospital in Illinois and Chicago and is again recognized among the top hospitals in the country ranking No. 9 on the prestigious "America's Best Hospitals" Honor Roll by U.S. News & World Report in its 2022-2023 "America's Best Hospitals" rankings.
In addition to Northwestern Memorial's No. 1 ranking, several Northwestern Medicine hospitals were recognized as Best Hospitals in Chicago Metro and Illinois, including:
- Northwestern Medicine McHenry, Huntley, Woodstock Hospitals ranked No. 9 in Chicago Metro and No. 9 in Illinois.
- Northwestern Medicine Central DuPage Hospital and Northwestern Medicine Lake Forest Hospital tied with both ranked as No. 12 in Chicago Metro and No. 12 in Illinois
- Northwestern Medicine Palos Hospital ranked No. 14 in Chicago and No. 14 in Illinois
- Northwestern Medicine Delnor Hospital is ranked No. 18 in Chicago Metro and No. 20 in Illinois
"This recognition is a direct reflection of our Patients First mission and our relentless quest to improve, innovate and deliver world class outcomes to the patients we are privileged to serve," said Dean M. Harrison, chief executive officer, Northwestern Memorial HealthCare. "These rankings amplify the expertise, dedication and compassion of more than 33,000 physicians, nurses and staff who come together to provide exceptional care, train future generations of clinicians, advance medicine through cutting edge research all in the pursuit of health for individuals and the communities they call home."
Northwestern Memorial is nationally ranked in 10 out of 15 specialties ranked by U.S. News. Of the 10 nationally ranked specialties, six clinical programs at Northwestern Memorial are ranked among the top 10 in the country:
- Northwestern Memorial is ranked No. 7 in the country for Gastroenterology & GI Surgery. "The recognition of our program as one of the nation's best reflects our commitment to innovation and precision medicine in Gastroenterology," said John E. Pandolfino, MD, chief of the gastroenterology and hepatology at Northwestern Memorial. "Patients with complex diseases trust the expertise of our physicians and team members, and we are proud to provide them life-changing and lifesaving care. We continue to research new ways to provide leading-edge, personalized care for patients in Chicagoland and beyond."
"This is an exceptional honor for our gastrointestinal surgery team, made more meaningful by the close relationships we have with colleagues in other specialties at the Northwestern Medicine Digestive Health Center," said Scott A. Strong, MD, chief of the gastrointestinal surgery at Northwestern Memorial. "Our integrated patient-centered care model combines advanced research and innovation as we strive to improve patient outcomes, develop new devices, and establish leading quality-assurance protocols." - Northwestern Memorial is ranked No. 8 in the country for Cardiology & Heart Surgery. "At Bluhm Cardiovascular Institute, we strive to improve heart care by pioneering advanced treatments, performing groundbreaking clinical research, and incorporating innovative technology and artificial intelligence into clinical practice. We are humbled that the best and the brightest aspire to join our outstanding team," said Patrick M. McCarthy, MD, chief of cardiac surgery at Northwestern Memorial and executive director of Northwestern Medicine Bluhm Cardiovascular Institute. "Since day one, the goal of the Bluhm Cardiovascular Institute has been to bring world-class cardiovascular care to Chicago. We have achieved this and more. We are rapidly growing across northern Illinois as we bring advanced care and this exceptional team close to where our patients live and work. Patients now seek cardiovascular care from across the US, and around the world. The greatest honor is knowing that countless lives have been saved and improved by this relentless pursuit of our Patients First mission."
"We are grateful for nearly a decade of top tier ranking as one of the very best Cardiology and Heart Surgery Programs in the country. This top tier recognition from U.S. News & World Report doesn't happen without exceptional team work, breakthrough research, outstanding patient care and a dedication to training the next generation of extraordinary cardiovascular physicians and care providers" said Clyde W. Yancy, MD, MSc, chief of cardiology at Northwestern Memorial and associate director of the Bluhm Cardiovascular Institute. "Our mission to provide world-class care to all patients remains steadfast and fuels our success. No accomplishment or accolade eclipses the satisfaction of relieving the burden of disease and restoring health in our patients. That is our everyday celebration. I am especially enthused that as we continue our quest for excellence, we do so with an eye on equity and an unyielding commitment to bring excellent and empathetic cardiovascular care to more patients around Chicagoland. We are driven to discover solutions improving heart health in our varied communities, our state, and our nation." - Northwestern Memorial is ranked No. 8 in the country for Geriatrics. "I'm extremely proud of our strong all-female faculty team of geriatricians who deservedly garner national recognition year-over-year for our innovative and robust research program, top notch medical training and outstanding clinical care for senior patients," said Lee A. Lindquist, MD, MPH, MBA, chief of geriatrics at Northwestern Memorial. "To be named a top hospital in the country for geriatrics is a testament to the strong teamwork, expertise, compassion and drive that makes our division unique. Our physicians, nurses, social workers and staff are passionate and dedicated to improving the health and quality of life for our older adults who we are privileged to care for every day."
- Northwestern Memorial is ranked No. 9 in the country for Cancer. "At Lurie Cancer Center, we are driven by our mission to translate scientific discovery into the highest level of care for our patients, while also seeking to innovate and find the treatments of the future through a world-class clinical research program," said Leonidas Platanias, MD, PhD, director of the Robert H. Lurie Comprehensive Cancer Center of Northwestern University at Northwestern Memorial Hospital. "This continued recognition as a top cancer program is a testament to our extraordinary team of physicians, nurses and staff who combine talent and expertise with compassion and dedication to bring the very best in cancer care to Chicago."
- Northwestern Memorial is ranked No. 10 in the country for Diabetes & Endocrinology. "We are honored to be recognized as one of the nation's leading programs for Diabetes and Endocrinology," said Joseph T. Bass, MD, PhD, chief of the endocrinology, metabolism and molecular medicine at Northwestern Memorial. "Our multidisciplinary team keeps patients at the center of our research as we continue to seek innovative ways to support individuals with endocrine diseases and obesity. This recognition is the result of close collaboration between our physicians, certified diabetes educators, nurse practitioners, psychologists and other colleagues."
- Northwestern Memorial is ranked No. 10 in the country for Neurology & Neurosurgery. "We're honored for this recognition as one of the top neurosurgery programs in the country, especially during another year of unprecedented difficulty and uncertainty. Throughout the COVID-19 pandemic, our department continued to provide outstanding clinical care and collaborative research, solving big problems in new ways," said Maciej S. Lesniak, MD, chair of neurological surgery at Northwestern Memorial Hospital. "This ranking reflects the reputation of our physicians and highlights our ability to advance the science and care of neurological patients. We're grateful to our colleagues and patients for their unwavering trust and support."
"We are honored to again rank in the top 10 U.S. programs for neurology. Our skilled clinicians and innovative scientists continue to raise the bar for treating patients with diverse and complex neurological conditions," said Dimitri Krainc, MD, PhD, chair of neurology at Northwestern Memorial Hospital. "As we move into these later stages of the COVID-19 pandemic, our physician-scientists continue to expand the knowledge of its neurological impact and are especially dedicated to understanding and treating long-haul symptoms."
In addition to its top 10 programs, Northwestern Memorial was also nationally ranked in the following specialties: Urology (No. 12); Pulmonology & Lung Surgery (No. 13); Orthopaedics (No. 15); and Obstetrics & Gynecology (No. 18). Northwestern Memorial was also recognized as High Performing in Rheumatology, as well as High Performing in 19 procedures and conditions rated by U.S. News.
Northwestern Medicine hospitals were also recognized for the following:
- Northwestern Medicine Lake Forest Hospital is ranked No. 28 for Pulmonology & Lung Surgery and No. 49 for Neurology & Neurosurgery; the hospital is also recognized as High Performing in Cancer, Gastroenterology & GI Surgery, Geriatrics, Orthopaedics, and Urology as well as High Performing in five Procedures and Conditions.
- Northwestern Medicine McHenry, Huntley, Woodstock Hospitals are recognized as High Performing in Cardiology & Cardiac Surgery, Gastroenterology & GI Surgery, Geriatrics, Neurology & Neurosurgery, Orthopaedics, Pulmonology & Lung Surgery and Urology, as well as High Performing in 10 Procedures and Conditions.
- Northwestern Medicine Delnor Hospital is recognized as High Performing in Orthopaedics and High Performing in seven Procedures and Conditions.
- Northwestern Medicine Central DuPage Hospital is recognized as High Performing in 15 Procedures and Conditions.
- Northwestern Medicine Palos Hospital is recognized as High Performing in 11 Procedures and Conditions.
- Northwestern Medicine Kishwaukee Hospital is recognized as High Performing in five Procedures and Conditions.
To learn more about Northwestern Medicine, visit www.nm.org/about-us.
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SOURCE Northwestern Medicine | https://www.kxii.com/prnewswire/2022/07/26/northwestern-memorial-hospital-again-named-top-hospital-illinois-top-10-country-by-us-news-amp-world-report/ | 2022-07-26T04:20:26Z |
Anheuser-Busch's NÜTRL Hosts The Seltzer Graduation in NYC, Including a Commencement Speech by SNL's Chris Redd
NEW YORK, June 8, 2022 /PRNewswire/ -- NÜTRL Vodka Seltzer, the new light and refreshing hard seltzer with a deliciously clean taste, is here to help consumers "graduate" to the next stage of life and upgrade their seltzers, leaving behind the basic beverages of their past.
As part of its campaign to kick-start this next phase of life and hard seltzer choices, NÜTRL will help one lucky winner upgrade their living situation and graduate from sharing a space with roommates to living solo – plus a year's supply of NÜTRL. NÜTRL is an easy to drink hard seltzer made with three simple ingredients: vodka, seltzer and real juice.
This ultimate upgrade opportunity is launching on the heels of NÜTRL's Seltzer Graduation event on June 7, a "graduation" ceremony and party at New York City's Hudson Yards to celebrate the graduation to a better tasting hard seltzer. Actor, comedian and Saturday Night Live star Chris Redd delivered the commencement speech to the graduating class of hard seltzer drinkers, which was followed by a party honoring the Seltzer Grads who made the upgrade to NÜTRL. Guests were treated to "upgrade stations" showing how easy it is to elevate their wellness, food, style, travel and more. Highlights from the upgrade stations include hair and makeup styling, beard grooming, professional headshots, tarot card readings, on-site massages and facial treatments and travel giveaways.
"When I was in my mid-twenties, I wish someone took me by the shoulders and shook me into realizing I needed to throw away the 2-in-1 shampoo and conditioner and stop sleeping on a futon on the floor – if this sounds like you, it's time to grow up," said actor, comedian and Saturday Night Live star, Chris Redd. "I'm honored to have addressed the first NÜTRL graduating class and to help people upgrade their adult beverages and their lives – something that took me a long time to do."
"NÜTRL is here to help people graduate to that next phase of life, starting with their hard seltzers," says Marisa Siegel, Head of Marketing RTD Spirits, Anheuser-Busch. "We're excited for people everywhere to experience the simple and refreshing taste of NÜTRL. Cheers to upgrading your seltzer and upgrading your summer."
To enter NÜTRL's Upgrade Your Seltzer sweepstakes, anyone 21+ across the U.S. simply need to follow NÜTRL @NUTRLUSA and comment on NÜTRL's social posts on Facebook, Instagram or Twitter using the hashtag #UpgradeYourSeltzer and #Sweepstakes for the chance to win $15,000 plus a year's worth of NÜTRL. The sweepstakes is live starting June 7 and ends on June 24.
Made with real, simple ingredients – vodka, seltzer and fruit juice – NÜTRL Vodka Seltzer offers a deliciously clean taste, proving that when it comes to the superior seltzer choice, simple means more. In fact, in taste tests, 90% of consumers prefer NÜTRL's taste versus competitors (Source: Anheuser-Busch Consumer Testing). At just 100 calories and an ABV of 4.5%, NÜTRL is gluten free and its core variety pack includes no added sugar.
NÜTRL is a vodka-based seltzer made with simple ingredients: vodka, seltzer and real fruit juice. Light and refreshing with a deliciously clean taste, NÜTRL is 100 calories, gluten free and has an ABV of 4.5%. NUTRL is available nationwide in three variety pack flavors: Fruit Variety Pack, which includes Pineapple, Mango, Raspberry and Watermelon; Lemonade Variety Pack, which includes Classic Lemonade, Blackberry Lemonade, Peach Lemonade and Strawberry Lemonade; and Cranberry Variety Pack, which includes Classic Cranberry, Cranberry Orange, Cranberry Grapefruit and Cranberry Apple.
For more information, visit www.nutrlusa.com or follow along on social media via Instagram @Nutrl.USA.
At Anheuser-Busch, our purpose is to create a future with more cheers. We are always looking to serve up new ways to meet life's moments, dream big to move our industry forward, and make a meaningful impact in the world. We hope to build a future that everyone can celebrate, and everyone can share. For more than 160 years, Anheuser-Busch has carried on a legacy of brewing great-tasting, high-quality beers that have satisfied beer drinkers for generations. Today, we own and operate more than 120 facilities, including breweries, wholesaler distribution centers, agricultural facilities and packaging plants, and have more than 19,000 colleagues across the United States. We are home to several of America's most loved beer brands, including Budweiser, Bud Light, Michelob ULTRA and Stella Artois, as well as a number of regional brands that provide beer drinkers with a choice of the best-tasting craft beers in the industry. From responsible drinking programs and emergency drinking water donations to industry-leading sustainability efforts, we are guided by our unwavering commitment to supporting the communities we call home. For more information, visit www.anheuser-busch.com or follow Anheuser-Busch on LinkedIn, Twitter, Facebook and Instagram.
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SOURCE NÜTRL | https://www.kxii.com/prnewswire/2022/06/08/ntrl-vodka-seltzer-will-help-you-graduate-next-phase-life-pgrade-your-seltzer-pay-you-move-out-your-own/ | 2022-06-08T13:41:41Z |
FORT WORTH, Texas (KXAN) — A Texas man was arrested Thursday after officials said he attempted to use a drone to deliver drugs and other contraband into a federal prison.
Bryant LeRay Henderson, 42, was federally charged by criminal complaint with attempting to provide contraband in prison, serving as an airman without an airman’s certificate and possession with intent to distribute a controlled substance, according to the U.S. Attorney for the Northern District of Texas.
“Contraband drone deliveries are quickly becoming the bane of prison officials’ existence. Illicit goods pose a threat to guards and inmates alike – and when it comes to cell phones, the threat often extends outside prison walls. We are determined to stop this trend in its tracks,” said U.S. Attorney Chad Meacham.
Court documents said Henderson, a Smithville resident, flew a drone into the airspace over FMC Fort Worth, a federal prison, on May 4. The drone crashed inside the facility, and it was recovered by staff.
“Affixed to the drone was a package containing 46 grams of crystal methamphetamine, 87 grams of pressed THC, two prepaid smartphones, and nine mp3 players,” a release said.
Nearby surveillance pulled by law enforcement showed a man drive up, remove a drone and a package from the vehicle, launch the drone towards the prison and then drive off.
Additional footage was reviewed by officials. The footage helped law enforcement identify the vehicle, and they were able to pull a license plate number. The vehicle was later found abandoned in the middle of the road, so it was impounded.
Officials searched the vehicle and found Henderson’s debit card, a drone controller, various drone accessories, 18 smartphones, tobacco products and vacuum-packed containers with steroid labels connected to a fishing line and a key ring.
According to reports, when powered on, the drone controller from the vehicle immediately paired with the drone recovered from the prison yard.
Flight logs from the drone showed it was flown into the FMC Fort Worth’s airspace four times and over the FCI Seagoville, another federal correctional center, twice.
A release said contraband delivered from drones was an “increasingly vexing problem” for the Federal Bureau of Prisons and state corrections officials.
If convicted, Henderson faces up to 45 years total in prison: 20 years for attempting to provide contraband in prison, five years for serving as an airman without an airman’s certificate and 20 years for possession with intent to distribute a controlled substance. | https://cw33.com/news/nexstar-media-wire/texas-man-accused-of-flying-drone-over-prison-to-deliver-drugs-contraband/ | 2022-08-14T01:27:14Z |
Winter Weather Advisory issued April 12 at 9:44AM MDT until April 12 at 6:00PM MDT by NWS Riverton WY
* WHAT…Snow. Additional snow accumulations of 1 to 3 inches.
* WHERE…Yellowstone National Park.
* WHEN…Until 6 PM MDT this evening.
* IMPACTS…Travel could be very difficult.
Slow down and use caution while traveling.
The latest road conditions for the state you are calling from can
be obtained by calling 5 1 1. | https://localnews8.com/weather/alerts-weather/2022/04/12/winter-weather-advisory-issued-april-12-at-944am-mdt-until-april-12-at-600pm-mdt-by-nws-riverton-wy-3/ | 2022-04-12T16:45:24Z |
PITTSBURGH, Sept. 15, 2022 /PRNewswire/ -- "I wanted to create a device to effectively remove earwax and other debris from the ears," said an inventor, from Brampton, Ontario, Canada, "so I invented the CLEAN EAR. My design would help to prevent the user from packing the wax against the eardrum."
The patent-pending invention provides an improved method for cleaning the ears. In doing so, it enables the user to easily remove wax and dirt from the ears. As a result, it increases convenience and safety and it offers an alternative to using a cotton swab. The invention features a practical and durable design that is easy to use so it is ideal for the general population. Additionally, it is producible in design variations.
The original design was submitted to the Toronto sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TOR-9055, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/09/15/inventhelp-inventor-develops-effective-ear-cleaning-tool-tor-9055/ | 2022-09-15T16:29:18Z |
"Black-ish" crammed a lot into its series finale, from a callback to its premiere to a cameo by gymnast Simone Biles, from moving out of the family's house -- and the memories that elicited -- to a raucous New Orleans-style funeral. But it was the last scene that really sold the episode, offering a reminder of a show that consciously sought to raise the bar for the network sitcom.
The focus of this final chapter, subtitled "Homegoing," involved Dre (Anthony Anderson) deciding that he needed to shake up his life by moving from the mostly White area where the family had lived and watched the children grow up to a Black neighborhood -- or as he wryly put it, one of those places where they filmed "Insecure."
"Seventeen years on the same street, and the whole neighborhood was still whispering about us behind our backs," he said in voiceover, before being relieved to discover that his wife Rainbow (Tracee Ellis Ross) was on the same page.
The move brought back a flood of nostalgia about all that the couple had experienced and push-back from their kids, who understandably felt some reluctance about leaving the only home they'd known.
Nominated for multiple Emmys during its eight-season run, "black-ish" became a signature series for ABC, as well as a throwback to the days when sitcoms dealt with provocative issues. Although the network welcomed the adulation it didn't always embrace the controversy, famously shelving an episode in 2017 that slyly allowed Dre to address concerns about an America that would elect Donald Trump via a bedtime story that conveyed his fears. (Titled "Please, Baby, Please," the program eventually saw the light of day in 2020 on sister streaming service Hulu.)
For all that, the network and producers probably did the show no favors by overly milking its success, spinning off the Freeform series "grown-ish" and short-lived prequel "mixed-ish."
Still, the most resonant note actually came at the very end, which showed a young Latinx couple moving into the Johnsons' house, filled with similar hopes and thoughts of achieving the American dream -- right before that reverie is snapped, just as Dre's was, by an awkwardly bigoted interaction with the nosy next-door neighbor played by Nicole Sullivan.
It was a reminder that life goes on and issues persist, even if long-running sitcoms periodically come to an end. While the finale was until then sweet and sentimental, perhaps appropriately given Biles' presence, that sequence helped "black-ish" stick the landing.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/black-ish-covers-a-lot-but-manages-to-stick-the-landing-with-its-series-finale/article_5c5a6d03-0895-58d7-86e7-f407acec824d.html | 2022-04-20T16:03:28Z |
In the first of its kind, KitchData's (KDS) collaboration with blockchain leader Harmony.one enables KDS' Delivery-1st Food Brands to extend their offering and monetize advanced fan engagement activities such as: creating SMS crypto wallets; minting NFTs and digital collectibles; redeeming merchandise discounts; accessing VIP content; and participating in myriad gated web3 media interactions with the brand.
LOS ANGELES, Aug. 25, 2022 /PRNewswire/ -- Kitchen Data Systems (KitchData/KDS) today announced plans to roll out a next generation brand affinity program built on the Harmony.one (Harmony) blockchain and leveraging Harmony's groundbreaking digital products. The program serves KDS' Delivery-1st virtual restaurant brands, allowing them to extend their fan clubs and loyalty/reward programs with Web3 experiences.
"Tying together Delivery-1st restaurants with digital media technology is the next logical step for KitchData," said KDS CEO Mike Jacobs. "Our popular brands are already stars on media outlets, have legions of followers, sell merchandise, and participate in real world events with their fans. Adding food via KitchData made sense for them, and now we're bringing yet another revenue stream in this program with Harmony."
The relationship amplifies KDS' market position as a leading technology and services provider for Delivery-1st brands, which the company defines as virtual restaurants created by established, popular brands, operated by 'real restaurants cooking real food,' and distributed via apps like Uber Eats.
In a complementary move, Harmony--a fully Ethereum compatible blockchain--is expanding into pop culture, opening an office in Los Angeles and supporting projects geared at mass adoption. Having developed a pioneering, user-friendly SMS crypto wallet, the tech team also unveils with the KDS initiative a tool that allows people to mint NFT access passes that people can easily buy with a credit card or Apple Pay.
"Our team is excited to roll out the KitchData affinity program," said Brian Felsen, Harmony's Head of Integrations and Communications. "Not only does it harness the power of our technology, it showcases how user friendly and scalable our applications are for the general public and creators. By enabling its brand partners to integrate Harmony's tools into their rewards and loyalty programs, KitchData ushers in the next generation of our commercial blockchain."
Key KitchData Delivery-1st brands invited to participate include WWE legend Ric Flair's Wooooo! Wings, DaMandyz Donutz, Powerbomb Pizza and Dancing Pizza, the latter's menu comprised of award-winning dance stars adored by international audiences of stage and screen.
"Our team couldn't be more excited," added Jacobs. "With Harmony, we're integrating the real world of retail and merchandise, historical levers like coupons, innumerable forms of creative digital content, and fan interactivity with 21st century crypto transactions. That's wonderful, but not amazing—Covid might have accelerated it, but data always was expected to drive the future for brands and restaurants. 'Data' sits at the center of our name—Kitchen Data Systems—for a reason. Data rules the future."
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SOURCE Kitchen Data Systems Inc. | https://www.kxii.com/prnewswire/2022/08/25/kitchdata-partners-with-harmonyone-blockchain-offer-web3-experiences-its-delivery-1st-restaurant-brands/ | 2022-08-25T14:30:57Z |
PNS's 2-year anniversary celebration features 10 new crossover events, and 4 character skins from AMC's iconic television series.
GUANGZHOU, China, Aug. 2, 2022 /PRNewswire/ -- 37GAMES, the publisher of the zombie themed match-3 game Puzzles & Survival, is celebrating the game's second anniversary with the launch today of a global crossover event in collaboration with AMC's global smash hit television series The Walking Dead. With a total of ten in-game events over the month of August, there promises to be enough zombie survival mayhem for even the most diehard fans.
During this global collaboration event, fans will also be able to play as, and fight alongside, iconic characters such as Negan, Daryl Dixon, Rick Grimes, and Michonne. Construct new buildings and obtain unique items to help turn back both the undead horde and threats from other survivors.
Players can obtain resources from Rick Grimes in the [Help From Rick's Group] event, and find new ways to uncover secrets about the villainous Saviors in [Decrypt Saviors' Message]. Players can then complete [Collect Weapon Clues] events to obtain more weapons and items, which help them in [Community Duel] PVP events, and to help them fight against the Saviors. Lastly, players will be able to earn limited-edition The Walking Dead Sticker packs during the collaboration, as well as discover other in-game Easter eggs. For further details about the crossover events, log into the game to learn more.
This crossover will not only pit humans against zombies, but also humans from the Saviors against survivors from the Alexandria Safe Zone. Are players prepared to solve the match-3 puzzles needed to fend off the undead horde and defeat their opponents. The war is about to begin for players worldwide, but fans can get a head start by collecting two free gift packs that will give them an advantage over their opponents by using the codes [PNSNEGAN] and [PNSTWD] to claim them as soon as possible.
For more information about in-game events, please visit 37GAMES' website, or follow the social media accounts listed below.
- Download: https://pse.is/pnstwd06
- Official Fan Page: https://www.facebook.com/PnS.37Games
About AMC
AMC is home to some of the most popular and acclaimed programs on television. AMC was the first basic cable network to ever win the Emmy® Award for Outstanding Drama Series with Mad Men in 2008, which then went on to win the coveted award four years in a row, before Breaking Bad won it in 2013 and 2014. The network's series The Walking Dead is the highest-rated series in cable history. AMC's current original drama series are Better Call Saul, Kevin Can F*** Himself, 61st Street, The Walking Dead, Fear the Walking Dead, and the forthcoming series Dark Winds, Anne Rice's Interview with the Vampire, Anne Rice's Mayfair Witches, and Tales of the Walking Dead, among others. AMC also explores authentic worlds and discussion with original shows like Talking Dead, AMC Visionaries and Ride with Norman Reedus. AMC is owned and operated by AMC Networks Inc. and its sister networks include IFC, SundanceTV, BBC America and WE tv. AMC is available across all platforms, including on-air, online, on demand and mobile.
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SOURCE 37 GAMES | https://www.mysuncoast.com/prnewswire/2022/08/02/puzzles-amp-survival-x-walking-dead-crossover-event-has-officially-begun/ | 2022-08-02T14:26:48Z |
The widely respected RealTrends + Tom Ferry "The Thousand" list confirms RE/MAX has more of the nation's elite agents
DENVER, June 10, 2022 /PRNewswire/ -- The prestigious RealTrends + Tom Ferry The Thousand ranking released today confirms RE/MAX again has more of the nation's 1,000 most prolific home-selling agents than any other brand. Of the 1,000 rankings based on transaction sides and sales volume, RE/MAX agents claimed 131 spots – more than any other brand. RE/MAX agents have claimed the most spots in this survey in seven of the past nine years.
"When RE/MAX agents and teams achieve such great results year after year, it confirms the unmatched value of affiliating with the most productive network in real estate," said Nick Bailey, President and CEO. "Seeing so many RE/MAX top producers recognized in this respected survey speaks to the tenacity and skill that make up a RE/MAX agent."
Among the 502 participating individuals and teams closing the most residential transaction sides, 117 (23%) were RE/MAX agents. RE/MAX agents have earned the highest number of rankings for transaction sides for nine consecutive years from 2014-2022.
Highlighted in The Wall Street Journal, the annual RealTrends + Tom Ferry "The Thousand" list ranks participating U.S. real estate agents by number of homes sold in the previous year, as well as by sales volume. The five categories are: individual producers, small teams, medium teams, large teams and mega teams.
Productivity, professionalism and dedication are traits commonly found in RE/MAX agents. In the first half of 2022, three major U.S. industry rankings – The RealTrends 500, RISMedia Power Broker Top 1,000 and the T3 Sixty Mega 1,000 – showed that RE/MAX agents at large brokerages, on average, outsell the competition 2 to 1, based on 2021 transaction sides. Also, earlier this year it was announced that RE/MAX became the first real estate brand to close over 2 million total transaction sides in one year.
Added Bailey: "Those who commit to being full-time real estate professionals continue to set the bar high for the rest of the industry – and that serves the interests of homebuyers and sellers everywhere."
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices and a presence in more than 110 countries and territories. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit news.remax.com.
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SOURCE RE/MAX, LLC | https://www.kxii.com/prnewswire/2022/06/10/once-again-remax-has-more-top-ranked-agents-than-any-other-brand/ | 2022-06-10T17:24:55Z |
LONGMONT, Colo., May 16, 2022 /PRNewswire/ -- S&W Seed Company (Nasdaq: SANW) today announced financial results for the third quarter of fiscal year 2022 ended March 31, 2022.
"Over the last few months, S&W has undergone a strategic review of its operations and future growth opportunities to identify key centers of value, while moving to align our cost structure to support those key centers and assess other potential value generating transactions to drive the business towards profitability," commented Mark Wong, President & CEO of S&W Seed Company. "Going forward, we intend to primarily focus our efforts on three key components of value within S&W, including our U.S. sorghum operations led by Double Team, our international forage operations, and our specialty crops consisting of stevia and camelina. Additionally, we are working on various alternative strategies for unlocking value within our U.S. forage operations, which includes unique germplasm, as well as valuable research and production facilities. The culmination of this focus should position S&W to drive towards profitability and enable value creation in the years to come as we work to further grow market share and prove out high potential opportunities."
"We continue to expect the Double Team sorghum solution to be a lead value driver for us. We are currently working on maximizing our production capabilities to meet the strong demand in the market as well as potential licensing opportunities. The farmer response, shown by strong sales of the product in this first year, has been tremendous, reinforcing our vision of revolutionizing the sorghum market by introducing a first of its kind non-GMO herbicide tolerant solution."
"In connection with the strategic review, we plan to take certain steps that are expected to reduce our annual operating expenses by approximately $5 million, are exploring the possibility of combining our wheat efforts in Australia and are taking steps to rationalize our European sunflower operations. Further, during February and March 2022, we raised approximately $11.2 million through a combination of a private placement and ATM sales to help improve our balance sheet," Wong concluded.
ATM Sales and Private Placement
On February 18, 2022, S&W Seed Company entered into a Securities Purchase Agreement with MFP Partners, L.P., pursuant to which the Company sold and issued equity securities in a private placement for aggregate gross proceeds of approximately $5.0 million.
For the three months ended March 31, 2022, the Company received gross proceeds of approximately $6.2 million from the sale of 2,633,900 shares of its common stock pursuant to an At Market Issuance Sales Agreement.
Financial Results
Core Revenue (which we define as total revenue, excluding product revenue attributable to Pioneer) for the third quarter of fiscal 2022 was $23.2 million, compared to Core Revenue for the third quarter of fiscal 2021 of $23.9 million, a decrease of ($0.7) million or (2.9%).
As announced in May 2019, S&W entered into a termination agreement and an alfalfa license agreement with Pioneer Hi-Bred International, a subsidiary of Corteva Agriscience, to replace its prior alfalfa distribution agreement with Pioneer. Due to these agreements with Pioneer, S&W discloses Core Revenue as a metric to track performance of its business for periods in which product revenue attributable to Pioneer is reflected. The decrease in Core Revenue for the third quarter of fiscal 2022 can be primarily attributed to lower sales into Australia and South Africa regions, offset by higher sales in the United States.
Total revenue for the third quarter of fiscal 2022 was $23.2 million, compared to total revenue for the third quarter of fiscal 2021 of $32.4 million. As of March 31, 2021, S&W had fully recorded all revenue from Pioneer under the May 2019 agreement. During the three months ended March 31, 2022, S&W recorded no sales to Pioneer, compared to $8.5 million for the three months ended March 31, 2021.
GAAP gross margins during the third quarter of fiscal 2022 were 11.7% compared to GAAP gross margins of 19.1% in the third quarter of fiscal 2021. Adjusted gross margins, excluding the impact of inventory write-downs (see Table A1), were 16.6% in the third quarter of fiscal 2022 compared to 20.0% in the third quarter of fiscal 2021.
GAAP operating expenses for the third quarter of fiscal 2022 were $8.9 million, compared to $8.2 million in the third quarter of fiscal 2021. Operating expenses for the third quarter of fiscal 2021 included the impact of a one-time $1.3 million gain on the sale of the Five Points facility in January 2021.
GAAP net loss for the third quarter of fiscal 2022 was $(7.4) million, or $(0.19) per basic and diluted share, compared to GAAP net loss of $(1.8) million, or $(0.05) per basic and diluted share, in the third quarter of fiscal 2021.
Adjusted net loss (see Table A2) for the third quarter of fiscal 2022 was $(7.2) million, or $(0.18) per basic and diluted share, excluding change in contingent consideration obligation, and interest expense – amortization of debt discount. Adjusted net loss (see Table A2) for the third quarter of fiscal 2021, excluding change in contingent consideration obligation and interest expense – amortization of debt discount, was $(2.4) million, or $(0.07) per basic and diluted share.
Adjusted EBITDA (see Table B) for the third quarter of fiscal 2022 was $(4.5) million, compared to adjusted EBITDA of $(0.2) million in the third quarter of fiscal 2021.
Fiscal 2022 Revenue Guidance
S&W continues to expect fiscal 2022 Core Revenue and Total Revenue to be within a range of $80 to $85 million, representing an expected increase of 15% to 20% compared to fiscal 2021 Core Revenue of $69.8 million.
Conference Call
S&W Seed Company has scheduled a conference call for Monday, May 16, 2022, at 11:00 am ET (8:00 am PT) to review these results and provide more information regarding the Company's recent strategic review. Interested parties can access the conference call by dialing (844) 861-5498 or (412) 317-6580 or can listen via a live Internet webcast, which is available in the Investor Relations section of the Company's website at http://www.swseedco.com/investors A teleconference replay of the call will be available for three days at (877) 344-7529 or (412) 317-0088, confirmation #7014747. A webcast replay will be available in the Investor Relations section of the Company's website at http://www.swseedco.com/investors for 30 days.
Accompanying today's financial results, the company has issued a slide presentation further discussing its important components of its strategic review and focus on key centers of value which will be accessible on the Investor Relations section of the Company's website at http://www.swseedco.com/investors.
Non-GAAP Financial Measures
In addition to financial results reported in accordance with accounting principles generally accepted in the United States of America ("GAAP"), we have provided the following non-GAAP financial measures in this release and the accompanying tables: adjusted gross margins; adjusted net loss; adjusted net loss per share; and adjusted EBITDA. We use these non-GAAP financial measures internally to facilitate period-to-period comparisons and analysis of our operating performance and liquidity, and believe they are useful to investors as a supplement to GAAP measures in analyzing, trending and benchmarking the performance and value of our business. However, these measures are not intended to be a substitute for those reported in accordance with GAAP. These measures may be different from non-GAAP financial measures used by other companies, even when similar terms are used to identify such measures.
For reconciliations of historical non-GAAP financial measures to the most comparable financial measures under GAAP, see Tables A-1, A-2 and B accompanying this release.
In order to calculate these non-GAAP financial measures, we make targeted adjustments to certain GAAP financial line items found on our Consolidated Statement of Operations, backing out non-recurring or unique items or items that we believe otherwise distort the underlying results and trends of the ongoing business. We have excluded the following items from one or more of our non-GAAP financial measures for the periods presented:
Selling, general and administrative expenses; operating expenses. We exclude from operating expenses a portion of SG&A expense related to non-recurring transaction expenses related to acquisitions. Such acquisition-related expenses include non-recurring transaction fees, due diligence costs and other direct costs associated with our acquisitions. These amounts are unrelated to our core performance during any particular period and are impacted by the timing of the acquisition. We exclude acquisition-related expenses from our SG&A expense and total operating expenses to provide investors a method to compare our operating results to prior periods and to peer companies, as such amounts can vary significantly based on the frequency of acquisitions and the magnitude of acquisition expenses.
Change in contingent consideration obligation. The change in contingent consideration obligation represents our estimated change in the value of contingent earn-out related to the February 2020 acquisition of Pasture Genetics. These amounts are non-cash and are unrelated to our core performance during any particular period. We believe it is useful to exclude these amounts in order to better understand our business performance and allow investors to compare our results with peer companies.
Interest expense – amortization of debt discount. Amortization of debt discount and debt issuance costs are primarily related to our working capital lines of credit and term loans. These amounts are non-cash charges and are unrelated to our core performance during any particular period. We believe it is useful to exclude these amounts in order to better understand our business performance and allow investors to compare our results with peer companies.
Descriptions of the non-GAAP financial measures included in this release and the accompanying tables are as follows:
Adjusted gross margins. We define adjusted gross margins as gross margins, adjusted to exclude the impact of inventory write-downs. We believe that the use of adjusted gross margins is useful to investors and other users of our financial statements in evaluating our operating performance because it provides a method to compare our operating results to prior periods and to peer companies after making adjustments for amounts that can vary significantly from period to period.
Adjusted net loss and loss per share. We define non-GAAP net loss as net loss less non-recurring transaction costs, change in contingent consideration obligation and interest expense - amortization of debt discount. We believe that these non-GAAP financial measures provide useful supplemental information for evaluating our operating performance.
Adjusted EBITDA. We define Adjusted EBITDA as GAAP net loss, adjusted to exclude non-recurring transaction costs from SG&A, depreciation and amortization, non-cash stock-based compensation, foreign currency (gain) loss, change in contingent consideration obligation, interest expense – amortization of debt discount, interest expense, gain on sale of marketable securities and provision for income taxes. We believe that the use of adjusted EBITDA is useful to investors and other users of our financial statements in evaluating our operating performance because it provides them with an additional tool to compare business performance across companies and across periods. We use adjusted EBITDA in conjunction with traditional GAAP operating performance measures as part of our overall assessment of our performance, for planning purposes, including the preparation of our annual operating budget, to evaluate the effectiveness of our business strategies and to communicate with our board of directors concerning our financial performance. Management does not place undue reliance on adjusted EBITDA as its only measure of operating performance. Adjusted EBITDA should not be considered as a substitute for other measures of financial performance reported in accordance with GAAP.
Financial Tables
For a complete press release including financial tables, please view online at: https://swseedco.com/investors/press-releases/
About S&W Seed Company
Founded in 1980, S&W Seed Company is a global agricultural company headquartered in Longmont, Colorado. S&W's vision is to be the world's preferred proprietary seed company which supplies a range of forage and specialty crop products that supports the growing global demand for animal proteins and healthier consumer diets. S&W is a global leader in proprietary alfalfa, sorghum and pasture seeds, with significant research and development, production and distribution capabilities. S&W's product portfolio also includes hybrid sunflower and wheat and the company is utilizing its research and breeding expertise to develop and produce stevia, the all-natural, zero calorie sweetener for the food and beverage industry. For more information, please visit www.swseedco.com.
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." Forward-looking statements in this release include, but are not limited to: the implementation and anticipated benefits of our strategic review of our operations and future growth opportunities, including its impact on our positioning for improved financial performance; enablement of value creation and ability to drive the business towards profitability; our expectations for Double Team to be a lead value driver; our plans to take steps to reduce operating expenses and the results of those steps; our strategy regarding Double Team, including pursuit of potential licensing opportunities and our vision of revolutionizing the sorghum market; the potential joint venture with Trigall Genetics; our guidance on Core Revenue and Total Revenue for the fiscal year ending June 30, 2022; and our plans for the advancement of our business strategy. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including risks and uncertainties related to: the continued effects of the COVID-19 pandemic on our business and operations; our need to comply with the financial covenants included in our loan agreements, refinance certain of our credit facilities and raise additional capital in the future and our ability to continue as a "going concern"; the preliminary, nonbinding discussions with Trigall Genetics may not result in a consummated transaction; changes in market conditions, including any unexpected decline in commodity prices, may harm our results of operations and revenue outlook; our proprietary seed trait technology products, including Double Team, may not yield their anticipated benefits; changes in the competitive landscape and the introduction of competitive products may negatively impact our results of operations; demand for our Double Team sorghum solution may not be as strong as expected; our business strategic initiatives may not achieve the expected results; previously experienced logistical challenges in shipping and transportation of our products may become amplified, delaying our ability to recognize revenue and decreasing our gross margins; and the risks associated with our ability to successfully optimize and commercialize our business. These and other risks are identified in our filings with the Securities and Exchange Commission, including, without limitation, our Annual Report on Form 10-K for the year ended June 30, 2021 and in other filings subsequently made by the Company with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.
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SOURCE S&W Seed Company | https://www.wibw.com/prnewswire/2022/05/16/sampw-announces-third-quarter-fiscal-2022-financial-results/ | 2022-05-16T13:15:27Z |
W. Sean Ford to Succeed G. Steven Kokinos
BOSTON, July 27, 2022 /PRNewswire/ -- Algorand, a leading blockchain technology company, today announced the appointment of the firm's current COO W. Sean Ford as Interim CEO, effective July 27, 2022. Mr. Ford succeeds G. Steven Kokinos, who is leaving the company to pursue other interests and will stay on as a senior advisor until mid-2023.
Founded by Turing award winner and MIT professor Silvio Micali in 2017, Algorand is a fully decentralized, secure, and scalable blockchain network that provides a common platform for building products and services for a borderless economy. As COO, Mr. Ford was responsible for go-to-market execution and operations including product management, engineering, marketing and global community development.
"We thank Steven for his time and dedication to Algorand. He has been instrumental to the initial success of our business, and we appreciate his commitment to a seamless transition," said Mr. Micali. "Sean is well positioned to partner with me to keep the company operations running business as usual, and to help us transition Algorand to our next phase of growth."
Mr. Kokinos stated: "It has been a pleasure serving as CEO of Algorand. As we move into this next phase, I am excited about the company's future and am confident that the team will keep things running smoothly."
"I am honored to step in and partner with Silvio during this transition," said Mr. Ford. "Algorand has experienced monumental growth since its inception, and we look forward to our continued expansion as we take Algorand to the next level."
Algorand has experienced significant growth this year. The company was recently appointed the official blockchain platform of the Fédération Internationale de Football Association (FIFA), the international governing body of association football, and will help the organization develop its digital assets strategy.
Mr. Ford joined Algorand in 2018 from LogMeIn, where he was the Chief Marketing Officer responsible for global marketing strategy, product marketing, ecommerce, communications, brand leadership, and demand generation. An experienced operations and go-to-market executive, Sean previously worked at Avid Technology, where he led worldwide marketing strategy and operations as a member of the company's Executive Leadership Team. He has also held several executive leadership roles including CMO and COO of Zmags, CMO of Syncsort, and as vice-president of Global Business Unit (GBU) marketing at Oracle.
At the start of his professional career, Mr. Ford spent seven years as a senior strategy consultant with Monitor Group, and in 1999 he co-founded Upromise, Inc. where he was vice-president of product management and product marketing. He earned a BA in English from Williams College and an MBA from Harvard University Graduate School of Business.
Algorand is transforming economic models and economies of all kinds. Founded by Turing Award–winning cryptographer Silvio Micali, Algorand's high–performing Layer-1 blockchain is unparalleled for bringing fast, frictionless, and inclusive technologies to everyone. Algorand is reshaping every industry–from TradFi and DeFi to new creator economies and beyond. With an extraordinary commitment to interoperability and consistent delivery, our sustainable technology powers more participation, transparency, and efficiency for all. As the technology of choice for 2000+ global organizations, the Algorand ecosystem is transforming the next generation of financial products, protocols and exchange of value. For more information, visit www.algorand.com.
Media Contacts
Steve Bruce / Keely Gispan
ASC Advisors
sbruce@ascadvisors.com / kgispan@ascadvisors.com
(203) 992-1230
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SOURCE Algorand | https://www.mysuncoast.com/prnewswire/2022/07/27/algorand-names-interim-ceo/ | 2022-07-27T15:18:33Z |
McPherson County clocking speeders over 100 mph
Published: Sep. 1, 2022 at 12:44 PM CDT|Updated: 2 hours ago
WICHITA, Kan. (KWCH) - The McPherson County Sheriff’s Office said drivers’ “speeds have surpassed the temperature many times in the last month.”
Since June, more than two dozen drivers have been ticketed for driving at least 90 mph. In August, more than 10 drivers were cited for driving over 100 mph. At least once, a driver’s speed reached 115 mph. Most of the infractions came in a 75 mph zone.
“These speeds are not just a violation of the maximum speed laws, but they are extremely DANGEROUS,” the sheriff’s office wrote on social media.
McPherson County said the public has helped by reporting dangerous drivers.
Copyright 2022 KWCH. All rights reserved. To report a correction or typo, please email news@kwch.com | https://www.wibw.com/2022/09/01/mcpherson-county-clocking-speeders-over-100-mph/ | 2022-09-01T19:44:16Z |
A library where Rosa Parks, John Lewis and other civil rights leaders forged strategies that would change the world is mired in controversy over who gets to tell its story.
On one side are preservationists who want to turn the Highlander Folk School library into a historic site. On the other, political organizers say Highlander never stopped pursuing social justice and should recover the building as a stolen part of its legacy.
Enraged by race-mixing at the Highlander Folk School in the 1950s, Tennessee officials confiscated the property and auctioned it off in pieces in a vain attempt at stifling the civil rights movement. The library is one of the few remaining campus buildings.
But Highlander as an institution never really closed — it just moved locations. It lives on today as the Highlander Research and Education Center, whose leaders are rallying opposition to listing the library in the National Register of Historic Places, saying they were frozen out of the process.
David Currey, a board member at the Tennessee Preservation Trust, has managed the library’s restoration since the trust bought the site in 2014, saving it from redevelopment. He said his goal has always been to preserve the site so that visitors can learn about the momentous events that happened there in the first half of the 20th Century. There would be few books or movies if stories could only be told by those directly involved, he said, and “Nobody owns the past.”
“It’s a myth that they are best suited to tell our history,” said Ash-Lee Woodard Henderson, Highlander’s first Black co-director. “People who made that history are still alive.”
A letter Highlander sent to the historic registry says the Trust is not fit to serve as stewards, stoking racial tension over a place that promoted a shared struggle for interracial harmony.
“Approving the nomination of the Highlander Folk School Library in its current form will allow an elite, white-led institution to coopt and control the historical narrative of a site most significant for its work with Black, multiracial, poor and working-class communities,” states the letter, which also accuses trust members of having glorified the Confederacy.
Currey, who is white, frames the issue much differently. He says the trust stepped in to preserve the property when no one else would, and plans to celebrate Highlander’s past accomplishments.
“Our cause from the start has been an honorable endeavor to recognize and pay tribute to the history and legacy of the early 20th century’s social justice movements in Tennessee, including labor struggles and Civil Rights, and its leaders,” Currey wrote in an email to the AP.
Founded in the 1930s as a center for union organizing, the school in Monteagle, Tenn., counted first lady Eleanor Roosevelt among its early supporters. Protest music was integral to its work, with Woody Guthrie leading singalongs to inspire future demonstrations, and Pete Seeger workshopping “We Shall Overcome” into an anthem sung by activists ever since.
Highlander’s co-founder and longtime leader, Myles Horton, a white man, created a space almost unique in the Jim Crow South, where activists white and Black could build and strengthen alliances.
Parks attended a Highlander workshop a few months before refusing to move to the back of a segregated city bus in Montgomery, Alabama. “It was one of the few times in my life up to that point when I did not feel hostility from white people,” she wrote in her autobiography.
Lewis had a similar experience, long before he became a civil rights icon and congressman. Highlander “was the first time in my life that I saw black people and white people not just sitting down together at long tables for shared meals, but also cleaning up together afterward, doing the dishes together, gathering together late into the night in deep discussion,” he wrote in a memoir.
The school’s success made it a target — labeled communist, investigated by the FBI and raided by the state of Tennessee, which eventually revoked its charter. Original buildings were destroyed. The library was converted to a single-family home.
But Highlander didn’t disappear — it just moved three hours northeast to New Market, Tenn., near Knoxville.
“The property was stolen from us because it was bringing Black and white people together to preserve democracy,” Henderson said. “The land should be repatriated, back to the Highlander Folk School, which is now the Highlander Research and Education Center.”
The trust has spent seven years restoring the library to its original form. Local Grundy County donors contributed most of the funding, but Currey said he’s also spent thousands of his own dollars. His vision is to spin off a nonprofit, separate from the trust, that would own and operate the library as both a historic site and community resource, and Highlander could run a program explaining its ongoing justice and education work.
Henderson said she’s grateful the trust stepped in when the center couldn’t afford to, but she doesn’t see the old Folk School as separate from Highlander now, which is celebrating 90 years of organizing with a homecoming later this month. She said the center recently offered to buy the library from the trust, but got no definitive answer.
“If there’s going to be a transfer, why wouldn’t it be to Highlander?” Co-director Allyn Maxfield-Steele asked. If Highlander controlled the building, it would develop a plan for its use together with “folks on the ground in Grundy County,” he said.
Currey still hopes the trust and center can work together to promote the legacy of a building both organizations see as incredibly important.
Getting listed in the National Registry would open up new sources of funding in a state that doesn’t provide tax incentives for historic preservation, Currey said. He worries that the controversy over Highlander will make preservationists less likely to take on a similar project in the future.
“It’s already so difficult in Tennessee to save some of our historic resources,” Currey said. “This may be one of the most high-profile civil rights sites — as John Lewis told me — in the nation.” | https://cw33.com/news/u-s-news/ap-us-headlines/ap-who-gets-to-tell-the-story-of-a-historic-civil-rights-site/ | 2022-09-03T18:19:17Z |
The implementation of this complete customer engagement platform has enabled TDG to consolidate disparate systems, reduce costs, and develop deeper customer relationships and brand loyalty.
NEW YORK, July 22, 2022 /PRNewswire/ -- Package.ai, the leading Conversational AI Engagement Platform, through integration with STORIS, the leading provider of retail software solutions to home furnishings and appliance retailers, has enabled TDG to turn their post-purchase operation into a full brand experience, re-defining loyalty and driving more sales.
TDG had previously relied on four siloed solutions to manage the various stages of its customer lifecycle, but these failed to deliver the seamless end-to-end customer experience needed to foster loyalty and repeat business.
With Package.ai, TDG was able to consolidate these separate solutions into a single platform for all customer engagement and fulfillment operations. The seamless integration of STORIS post-purchase data and Package.ai, empowered TDG to provide a more effective and personalized post-purchase experience to their customers, resulting in:
- An 85% increase in delivery confirmation rates, reducing costs and increasing customer experience levels.
- A 239% increase in automated customer support chat, lowering costly human customer service interactions.
- A 45% feedback rate on delivery experience, resulting in increased positive reviews.
"Package.ai represents a transformation for our business, giving us one platform to manage all customer interactions and providing all departments a complete line of sight for each of our customers," says Norman Alegria, Director of Customer Service at The Dufresne Group (TDG). "The future of retail is relationship rather than transactional, and Package.ai is helping TDG make that future into a reality."
The integration of Package.ai with STORIS has helped TDG build deeper, on-going customer relationships that drive more sales.
When we partnered with Package.ai, we recognized the value of connecting STORIS' robust post-purchase information with Package.ai's seamless-reputation and optimized last-mile logistics management," says Todd Rutler, STORIS' Product Services Manager. "It is gratifying to see the transformational impact being realized at The Dufresne Group from our partnership with Package.ai."
The automation and centralization of customer interactions has resulted in TDG re-aligning its fulfillment, sales and marketing around the customer, allowing it to uncover new sales and marketing opportunities.
"Package.ai creates truly customer-centric organizations, enabling them to foster a stronger connection with their customers and turn them into brand advocates and repeat buyers," says Ralph Shulberg, General Manager North America at Package.ai. "With the help of STORIS, we are proud to have helped TDG achieve this and witness the immediate results regarding delivery confirmation rates, customer support automation and increased positive customer reviews."
Now that the initial implementation is up and running, the companies are working on adding sales-related capabilities to the automated communications platform, in order to turn the phenomenal customer engagement levels into incremental sales.
About Package.ai
Package.ai is a complete customer engagement platform for high-value retailers and home service providers, bringing together sales, marketing and fulfillment into one full customer-centric experience. Powered by conversational AI, workflow automation and last-mile intelligence, it allows brands to effectively form meaningful relationships with their customers, re-define loyalty and drive more sales. Package.ai is trusted by leading retailers, such as Ashley Canada, Big Sandy Superstore, Don's Appliances and Spencers TV & Appliance. For more information visit www.package.ai.
About STORIS
Founded in 1989, STORIS continues to be the leading provider of Retail Software Solutions and Services to the home furnishings industry. Over 500 clients utilize STORIS' Unified Commerce Solution, which includes the mobile POS, ERP, eCommerce, inventory control, customer experience management, merchandising, business intelligence, kiosk, logistics, accounting, and more.
About The Dufresne Group (TDG)
The Dufresne Group (TDG) is the largest Ashley Furniture retailer in Canada and the parent company of Dufresne Furniture & Appliances. It currently has 46 retail locations, a growing e-commerce business and six distribution centers handling over a thousand deliveries every day.
Logo - https://mma.prnewswire.com/media/1863863/Package_ai_Logo.jpg
Media contact:
Roni Dagan
roni.dagan@package.ai
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SOURCE Package.ai | https://www.kxii.com/prnewswire/2022/07/22/dufresne-group-tdg-achieves-239-increase-automated-customer-support-workflows-using-packageais-conversational-ai-engagement-platform-integrated-with-storis-erp/ | 2022-07-22T16:14:58Z |
Biden administration announces official end to Title 42, the Trump-era pandemic restrictions at the US border
By Priscilla Alvarez, CNN
The Biden administration will end Trump-era pandemic restrictions that effectively blocked migrants from entering the United States on May 23, the US Centers for Disease Control and Prevention announced Friday.
Former President Donald Trump invoked a public health authority, known as Title 42, at the onset of the coronavirus pandemic, a move that was immediately met with skepticism by immigrant advocates, public health experts, and even officials within the administration who believed it to be driven by political motivations. Yet the Biden administration continued to lean on Title 42 despite objections from its allies.
“In consultation with the Department of Homeland Security (DHS), this termination will be implemented on May 23, 2022, to enable DHS time to implement appropriate COVID-19 mitigation protocols, such as scaling up a program to provide COVID-19 vaccinations to migrants and prepare for resumption of regular migration under Title 8,” the CDC said in a highly anticipated announcement.
“After considering current public health conditions and an increased availability of tools to fight COVID-19 (such as highly effective vaccines and therapeutics), the CDC Director has determined that an Order suspending the right to introduce migrants into the United States is no longer necessary,” the agency added.
The lifting of the pandemic-restrictions is expected to have immediate ramifications and would mean a return to traditional immigration protocols.
The Department of Homeland Security is preparing for a worst-case scenario of up to 18,000 people trying to cross the border daily, a number sure to overwhelm the already full border facilities.
With the lifting of Title 42, migrants might be detained or removed if they don’t have an asylum claim. Migrants may also be released into the US while they go through their immigration proceedings, and if released, might be enrolled in alternative detention programs for continued monitoring.
This story has been updated with additional background information.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/01/biden-administration-announces-official-end-to-title-42-the-trump-era-pandemic-restrictions-at-the-us-border/ | 2022-04-01T18:05:27Z |
Jeffrey Gibson • The Guitar in American Art • Contemporary African American Collage
Beatrix Potter • Spanish American Art from 1500 to 1800
Otobong Nkanga • Ron Jude • Raqib Shaw
NASHVILLE, Tenn., Sept. 7, 2022 /PRNewswire/ -- The Frist Art Museum is excited to announce its 2023 schedule of exhibitions. In the Ingram Gallery, the year begins with Jeffrey Gibson: The Body Electric, a survey of the celebrated Indigenous multidisciplinary artist's vibrant paintings, sculpture, video, and installations. Storied Strings: The Guitar in American Art is the first exhibition to explore the instrument's symbolism in American art from the early 19th century to the present through 125 works of art and 35 musical instruments. Multiplicity: Collage in Contemporary America is the first landmark museum exhibition that explores how an intergenerational array of contemporary artists leverages the technique of collage to reflect the breadth and complexity of Black identity.
In the Upper-Level Galleries, the family-friendly Beatrix Potter: Drawn to Nature traces the creative and ecological achievements of the beloved English author and illustrator. Art and Imagination in Spanish America, 1500–1800: Highlights from LACMA's Collection features paintings, sculptures, decorative arts, and more created in Mexico and Central and South America during the early modern era.
In the Gordon Contemporary Artists Project Gallery, the Frist presents Nigerian Belgian artist Otobong Nkanga's tapestries, drawings, videos, and sculptures that feature narratives of wounding and healing, making metaphorical links between the landscape and the traumatized human body. Ron Jude's large-scale black-and-white photographs depict natural phenomena in Oregon, California, Hawaii, and Iceland. Raqib Shaw's alluring paintings fuse influences from Asian and Western traditions to create sumptuously detailed visions of magical environments.
The Frist Art Museum is supported in part by The Frist Foundation, Metro Arts, the Tennessee Arts Commission, and the National Endowment for the Arts.
Connect with us @FristArtMuseum #TheFrist
Accredited by the American Alliance of Museums, the Frist Art Museum is a 501(c)(3) nonprofit art exhibition center dedicated to presenting and originating high-quality exhibitions with related educational programs and community outreach activities. Located at 919 Broadway in downtown Nashville, Tenn., the Frist Art Museum offers the finest visual art from local, regional, national, and international sources in exhibitions that inspire people through art to look at their world in new ways. Information on accessibility can be found at FristArtMuseum.org/accessibility. Gallery admission is free for visitors ages 18 and younger and for members, and $15 for adults. For current hours and additional information, visit FristArtMuseum.org or call 615.244.3340.
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SOURCE Frist Art Museum | https://www.kxii.com/prnewswire/2022/09/07/frist-art-museum-announces-2023-schedule-exhibitions/ | 2022-09-07T16:24:35Z |
ICE says it’s working to address delays causing long waits for migrants in Orlando
By Melissa Gray and Rosa Flores, CNN
US Immigration and Customs Enforcement said Monday it’s working to address processing delays at its Orlando, Florida, office, days after a US lawmaker said hundreds of migrants are being forced to wait in long lines and even sleep in tents and cars as they wait for appointments.
US Rep. Darren Soto said in a letter he posted on Twitter that at least 250 people were experiencing delays. He wrote the letter, dated April 29, to Department of Homeland Security Secretary Alejandro Mayorkas and acting ICE Director Tae Johnson.
“Our immigrant families deserve more respect than this inhumane treatment,” Soto, who represents part of Orlando, tweeted Saturday.
US Rep. Val Demings also wrote a letter Friday to Johnson and Corey Price, the executive associate director of ICE’s enforcement and removal operations, asking them to address the situation at the Orlando office.
“Reports indicate that hundreds of individuals, including young and infant children, have been requested to appear in person to meet with ICE officials. However, due to long lines, many are required to wait outside the facility for hours or even days following their scheduled appointments,” wrote Demings, whose district covers Orlando.
“We are a nation of laws, and immigrants in Orlando who are acting in good faith to fulfill their legal obligations have met with unacceptable delays due to staffing shortages,” she tweeted.
Migrants processed by federal immigration agents at the US southern border are allowed to travel within the United States to meet their families. They are usually given a deadline to check in with the local immigration office upon arrival at their final destination.
“They’re only taking in about 60 people a day,” Miquel Garcia told CNN affiliate WESH-TV on Friday. Garcia said he had been waiting outside the immigration office for five days and that a list of 200 names had been penned to honor places in line.
Garcia, a Venezuelan national, crossed into the US through Texas three months ago and was ordered to wear an ankle monitor with a tracking system when he was processed by immigration agents, he told WESH. The deadline for Garcia’s ICE check-in is unclear.
“Many of these people have recently arrived in the United States and are seeking appointments with immigration agents. Men, women and young children have been seen sleeping in cars and tents in the Florida heat as they wait to be processed,” Soto said in his letter, asking for an investigation and swift solution.
In a statement Monday, ICE said the Covid-19 pandemic had exacerbated processing delays.
“U.S. Immigration and Customs Enforcement (ICE) is working to address current processing delays at the Orlando ICE office,” the statement said.
ICE encouraged migrants to make an appointment online, which “allows ICE to process noncitizens more efficiently as they await their immigration proceedings.”
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CNN’s Rosalina Nieves contributed to this report. | https://localnews8.com/news/national-world/cnn-national/2022/05/02/ice-says-its-working-to-address-delays-causing-long-waits-for-migrants-in-orlando/ | 2022-05-03T01:38:32Z |
LAS VEGAS, April 12, 2022 /PRNewswire/ -- Nitches Inc., (NICH) (the "company") which blends high-tech with high-end fashion to create exclusive clothing lines and NFTs, today announced it will design and manufacture its own exclusive clothing and merchandise to promote positive thinking and mindfulness. While working on its own line of apparel, the company will continue to collaborate with celebrities and influencers to develop high-quality streetwear collections that reflect the stars' personalities and passions.
"The COVID-19 pandemic, Ukraine war and recent social and political unrest have made taking care of our mental well-being a necessity," said John Morgan, Nitches' CEO. "We want to use our platform to champion the importance of practicing positive mindfulness to alleviate stress and depression, improve sleep and treat physical ailments, such as heart disease, high blood pressure, and chronic pain."
Nitches is already working on designs and slogans for its one-of-a-kind collection, which will include t-shirts, hoodies, hats and more. The company's famed Creative Director Anthony Piper will also create collectible NFTs (non-fungible tokens) of each of the items, as well as digital campaigns that promote the importance of staying healthy mentally. The items will be sold online on nitchescorp.com, along with other collections from well-known influencers.
According to KFF (Kaiser Family Foundation), a nonprofit that focuses on national health issues, nearly half of US adults reported having problems with anxiety or depression during the pandemic. Only one in 10 adults reported these symptoms prior to the pandemic from January to June 2019.
"Every time someone puts on one of our t-shirts or hats or sees someone wearing our merchandise, we want them to be reminded that it's important for all of us to take care of our mental health," said Morgan. "In the near future, we plan to take this campaign beyond clothing to our communities to encourage real discussions about staying positive during this difficult time."
About Nitches Corporation
Nitches is a diversified technology and exclusive clothing company that blends high-tech with high-end fashion to design luxury clothing items and NFTs. We specialize in creating limited-edition athleisure and streetwear apparel and accessories that are sustainable, authentic and exclusive. We collaborate with fashion-forward influencers and celebrities to create capsule collections that reflect their vision and brand. We develop innovative technology to protect our intellectual property and prevent counterfeiting. Nitches strives for creativity, excellence and value in all that we do for our collaborators, customers and stakeholders.
Forward Looking Statements:This press release contains forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has 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 and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Factors or events that could cause our actual results to differ may emerge, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
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SOURCE Nitches Inc. | https://www.mysuncoast.com/prnewswire/2022/04/12/nitches-develop-its-own-exclusive-clothing-line-promote-mental-well-being/ | 2022-04-12T13:14:06Z |
- Earnings per share ("EPS")* was $2.08 for the first quarter of 2022, an increase of $0.12, or 6.1 percent, compared to $1.96 for the first quarter of 2021
- Quarter-over-quarter growth driven primarily by the acquisition of Diversified Energy, pipeline expansions, natural gas organic growth, regulatory initiatives and higher earnings in the Company's unregulated businesses
- Continued investment in low carbon energy sources including the successful testing of blended hydrogen with natural gas power at the Company's Combined Heat and Power ("CHP") plant and completion of our first compressed natural gas ("CNG") fueling station near the Port of Savannah, capable of distributing renewable natural gas ("RNG") for fleet vehicles
- Issued $50 million of 2.95 percent Senior Notes in support of the Company's long-term financing strategy
- Continued focus on organic growth and expansion projects as well as ESG initiatives, including renewable energy opportunities to further enhance sustainability in our local communities
DOVER, Del., May 3, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced its financial results for the first quarter of 2022.
The Company's net income for the quarter ended March 31, 2022 was $36.9 million, a 7.2 percent increase over the $34.5 million reported in the same quarter of 2021. Diluted EPS in the quarter was $2.08, a 6.1 percent increase compared to $1.96 reported in the same prior-year period.
Higher first quarter earnings were driven by the 2021 acquisitions of Diversified Energy Company ("Diversified Energy") and the natural gas metering station located in Escambia County, Florida (the "Escambia Meter Station") natural gas distribution and transmission pipeline expansions, regulated infrastructure programs, organic growth in the Company's natural gas businesses, as well as improved profitability in the Company's propane distribution business. Partially offsetting growth was lower propane customer consumption in the first quarter of 2022 compared to the same period in 2021.
"Despite headwinds brought on by the current inflationary environment and inconsistent weather impacts across our footprint within the quarter, Chesapeake Utilities began the year with solid earnings growth," commented Jeff Householder, president and CEO. "Our team continues to deliver positive results through our business growth and transformation initiatives, which led to higher margins and earnings in the quarter.
"We remain focused on executing our mission and providing our customers with safe, affordable, reliable and sustainable energy delivery solutions. We continue to capitalize on our organic growth initiatives, which led to year-over-year customer growth of 5.3 percent and 4.0 percent in our Delmarva and Florida service territories, respectively. Supporting that customer growth, we continue to make prudent investments in our utility systems and other projects that drive shareholder value – exemplified by this quarter's contributions from Diversified Energy, which we acquired in late 2021. Finally, we remain on track with the expansion of our renewable energy investments, with successful completion in the first quarter of our first hydrogen test and CNG fueling station which is also capable of distributing RNG for fleet vehicles. These investments, the steps we have taken to further strengthen our financial position and the unrelenting dedication of our talented employees continue to firmly position Chesapeake Utilities for long-term, sustainable success," concluded Householder.
COVID-19 Update
In March 2020, the U.S. Centers for Disease Control and Prevention ("CDC") declared a national emergency due to the rapidly growing outbreak of COVID-19. In response to this declaration and the rapid spread of COVID-19 within the United States, federal, state and local governments throughout the country imposed varying degrees of restrictions on social and commercial activity to promote social distancing in an effort to slow the spread of the illness. These restrictions significantly impacted economic conditions in the United States beginning in 2020 and persisted, to a lesser extent throughout 2021. Chesapeake Utilities is considered an "essential business," which allowed the Company to continue operational activities and construction projects while social distancing restrictions were in place. Previously existing states of emergency in all of the Company's service territories expired during the second and third quarters of 2021 eliminating a majority of restrictions initially implemented to slow the spread of the virus. The expiration of the states of emergency along with the settlement of the Company's limited proceeding in Florida, has concluded its ability to defer incremental pandemic related costs for consideration through the applicable regulatory process. At this time, the Company has adjusted its operating practices accordingly to ensure the safety of its operations and will take the necessary actions to comply with the CDC, and the Occupational Safety and Health Administration, as new developments occur.
Capital Expenditures Forecast and Earnings Guidance Update
The Company reiterates its long-term capital expenditures and EPS guidance ranges. These include capital expenditures in the range of $750 million to $1 billion in 2021 through 2025 and an EPS guidance range of $6.05 to $6.25 for 2025. Additionally, the Company reiterates its capital expenditures guidance range of $175 million to $200 million for 2022. The Company continues to review its projections and remains supportive of this guidance.
*Unless otherwise noted, EPS information is presented on a diluted basis.
Non-GAAP Financial Measures
**This press release including the tables herein, include references to non-Generally Accepted Accounting Principles ("GAAP") financial measures, including adjusted gross margin. A "non-GAAP financial measure" is generally defined as a numerical measure of a company's historical or future performance that includes or excludes amounts, or that is subject to adjustments, so as to be different from the most directly comparable measure calculated or presented in accordance with GAAP. Our management believes certain non-GAAP financial measures, when considered together with GAAP financial measures, provide information that is useful to investors in understanding period-over-period operating results separate and apart from items that may, or could, have a disproportionately positive or negative impact on results in any particular period.
The Company calculates Adjusted Gross Margin by deducting the purchased cost of natural gas, propane and electricity and the cost of labor spent on direct revenue-producing activities from operating revenues. The costs included in Adjusted Gross Margin exclude depreciation and amortization and certain costs presented in operations and maintenance expenses in accordance with regulatory requirements. Adjusted Gross Margin should not be considered an alternative to Gross Margin under US GAAP which is defined as the excess of sales over cost of goods sold. The Company believes that Adjusted Gross Margin, although a non-GAAP measure, is useful and meaningful to investors as a basis for making investment decisions. It provides investors with information that demonstrates the profitability achieved by the Company under the Company's allowed rates for regulated energy operations and under the Company's competitive pricing structures for unregulated energy operations. The Company's management uses Adjusted Gross Margin as one of the financial measures in assessing a business unit's performance. Other companies may calculate Adjusted Gross Margin in a different manner.
Operating income during the first quarter of 2022 was $54.9 million, an increase of $3.3 million, or 6.3 percent, compared to the same period in 2021. Higher performance in the first quarter of 2022 was generated from propane and natural gas acquisitions completed in 2021, continued pipeline expansion projects, organic growth in our natural gas distribution businesses, incremental contributions associated with regulated infrastructure programs and increased propane margins per gallon and fees. The increase in operating income was partially offset by reduced propane consumption in the first quarter. The Company recorded higher depreciation, amortization and property taxes related to recent capital investments and operating expenses associated primarily with growth initiatives, including payroll, benefits and other employee-related expenses as well as increased vehicle expenses due to higher fuel costs.
Operating income for the Regulated Energy segment for the first quarter of 2022 was $34.7 million, an increase of $2.0 million, or 6.3 percent, over the same period in 2021. Higher operating income reflects continued pipeline expansions by Eastern Shore and Peninsula Pipeline, organic growth in the Company's natural gas distribution businesses, incremental contributions from regulated infrastructure programs, and operating results from the Escambia Meter Station acquisition completed in 2021. Operating expenses increased by $2.3 million compared to the prior year quarter primarily due to a higher level of depreciation, amortization and property taxes as well as a greater amount of costs related to payroll, benefits and other employee related expenses.
The key components of the increase in adjusted gross margin** are shown below:
The major components of the increase in other operating expenses are as follows:
Operating results for the Unregulated Energy segment for the first quarter of 2022 increased by $1.1 million, or 5.6 percent compared to the same period in 2021.
Higher operating results during the first quarter were driven by contributions from the Company's acquisition of Diversified Energy, increased propane margins including higher service fees and margin improvement from Aspire Energy of Ohio ("Aspire Energy"). These increases were partially offset by reduced consumption in our propane operations. Additionally, the Company experienced increased operating expenses associated with the acquisition of Diversified Energy as well as increased payroll, benefits and employee related expenses, depreciation, amortization and property taxes, and increased vehicle expenses due to rising fuel costs.
The major components contributing to the change in adjusted gross margin** are shown below:
The major components of the increase in other operating expenses are as follows:
Environmental, Social and Governance ("ESG") Initiatives
ESG initiatives are at the core of Chesapeake Utilities' well-established culture, guiding the Company's strategy and informing its ongoing business decisions. In February 2022, Chesapeake Utilities published its inaugural sustainability report. In the report, the Company outlines its ESG commitments:
- Chesapeake Utilities will be a leader in the transition to a lower carbon future.
- The Company will continue to promote a diverse and inclusive workplace and further the sustainability of the communities we serve.
- The Company's businesses will be operated with integrity and the highest ethical standards.
These commitments guide the Company's mission to deliver energy that makes life better for the people and communities it serves. They impact every aspect of the Company and the relationships it has with its stakeholders. The Company encourages its investors to review the report and welcomes feedback as it continues to enhance its ESG disclosures.
During the first quarter, some of the Company's most recent ESG advancements included:
Environmental:
- Successfully completed first test of hydrogen and natural gas blend to fuel the Company's Eight Flags CHP facility
- Opened the Company's first CNG fueling station near the Port of Savannah, capable of distributing RNG for fleet vehicles
Social:
- Named a 2022 Top Workplaces USA award recipient for mid-sized companies for the second consecutive year
- Initiated two new Employee Resource Groups within the Company
Governance:
- Increased transparency with the enhancement of our director skills matrix in the Proxy Statement distributed to shareholders in March 2022
- In April 2022, we joined governance leaders as a member of the Advisory Board for the John L. Weinberg Center for Corporate Governance
Additionally, the Company established its Environmental Sustainability Office ("ESO") and ESG Committee ("ESGC") during the first quarter of 2022. The ESO was established to identify and manage emission-reducing projects both internally, as well as and those that support the Company's customers' sustainability goals. The ESGC was established to bring together a cross-functional team of leaders across the organization to identify, assess, execute and advance the Company's strategic ESG initiatives. The Company looks forward to highlighting the progress of these initiatives in future sustainability reports.
Forward-Looking Statements
Matters included in this release may include forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those in the forward-looking statements. Please refer to the Safe Harbor for Forward-Looking Statements in the Company's 2021 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the first quarter of 2022, for further information on the risks and uncertainties related to the Company's forward-looking statements.
Conference Call
Chesapeake Utilities will host a conference call on Wednesday, May 4, 2022 at 4:00 p.m. Eastern Time to discuss the Company's financial results for the three months ended March 31, 2022. To participate in this call, dial 877.224.1468 and reference Chesapeake Utilities' 2022 First Quarter Results Conference Call. To access the replay recording of this call, the accompanying transcript, and other pertinent quarterly information, use the link CPK - Conference Call Audio Replay, or visit the Investors/Events and Presentations section of the Company's website at www.chpk.com.
About Chesapeake Utilities Corporation
Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange. Chesapeake Utilities Corporation offer sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions, and other businesses. For more information, visit www.chpk.com.
Please note that Chesapeake Utilities Corporation is not affiliated with Chesapeake Energy, an oil and natural gas exploration company headquartered in Oklahoma City, Oklahoma.
For more information, contact:
Beth W. Cooper
Executive Vice President, Chief Financial Officer, Treasurer and Assistant Corporate Secretary
302.734.6799
Michael Galtman
Senior Vice President and Chief Accounting Officer
302.217.7036
Alex Whitelam
Head of Investor Relations
215.872.2507
Recently Completed and Ongoing Major Projects and Initiatives
The Company constantly pursues and develops additional projects and initiatives to serve existing and new customers, and to further grow its businesses and earnings, with the intention to increase shareholder value. The following table includes the major projects/initiatives recently completed and currently underway. Major projects and initiatives that have generated consistent year-over-year margin contributions are removed from the table. In the future, the Company will add new projects and initiatives to this table once negotiations are substantially final and the associated earnings can be estimated.
Detailed Discussion of Major Projects and Initiatives
Pipeline Expansions
West Palm Beach County, Florida Expansion
Peninsula Pipeline is constructing four transmission lines to bring additional natural gas to our distribution system in West Palm Beach, Florida. The first phase of this project was placed into service in December 2018 with multiple phases placed into service leading up to the project's final completion in the fourth quarter of 2021. The project generated incremental adjusted gross margin of $0.1 million during the first quarter 2022 compared to the first quarter 2021. The Company estimates that the project will generate annual adjusted gross margin of $5.2 million in 2022 and beyond.
Del-Mar Energy Pathway
In December 2019, the Federal Energy Regulatory Commission ("FERC") issued an order approving the construction of the Del-Mar Energy Pathway project. The project was placed into service in the fourth quarter of 2021. The new facilities: (i) include an additional 14,300 Dts/d of firm service to four customers, (ii) provide additional natural gas transmission pipeline infrastructure in eastern Sussex County, Delaware, and (iii) represent the first extension of Eastern Shore's pipeline system into Somerset County, Maryland. Including interim services in advance of completion, the project generated additional adjusted gross margin of $0.8 million for the three months ended March 31, 2022. The estimated annual adjusted gross margin from this project, including natural gas distribution service in Somerset County, Maryland, is approximately $7.0 million in 2022 and growing each year thereafter, as the distribution system serving Somerset County further expands to meet demand.
Guernsey Power Station
The Company's subsidiary, Aspire Energy Express, LLC ("Aspire Energy Express") and unrelated party Guernsey Power Station, LLC ("Guernsey Power Station"), entered into a precedent agreement for firm transportation capacity whereby Guernsey Power Station will construct a power generation facility and Aspire Energy Express will provide firm natural gas transportation service to this facility. Guernsey Power Station commenced construction of the project in October 2019. Aspire Energy Express completed construction of the gas transmission facilities in the fourth quarter of 2021. This project added $0.2 million of adjusted gross margin in the first quarter and is expected to produce adjusted gross margin of approximately $1.4 million in 2022 and $1.5 million in 2023 and beyond.
Southern Expansion
Pending FERC authorization, Eastern Shore plans to install a new natural gas driven compressor skid unit at its existing Bridgeville, Delaware compressor station that will provide 7,300 Dts of incremental firm transportation pipeline capacity. The project is currently estimated to go into service in the fourth quarter of 2022. Eastern Shore expects the Southern Expansion project to generate annual adjusted gross margin of $0.4 million in 2022 and $2.3 million in 2023 and thereafter.
Winter Haven Expansion
In May 2021, Peninsula Pipeline filed a petition with the Florida PSC for approval of its Transportation Service Agreement with our Central Florida Gas Division ("CFG") for an incremental 6,800 Dts/d of firm service in the Winter Haven, Florida area. As part of this agreement, Peninsula Pipeline will construct a new interconnect with FGT and a new regulator station for CFG. The additional firm service will be used to support new incremental load due to growth in the area, including providing service, most immediately, to a new can manufacturing facility, as well as reliability and operational benefits to CFG's existing distribution system in the area. In connection with Peninsula Pipeline's new regulator station, CFG is also extending its distribution system to connect to the new station. The Company expects this expansion to generate additional adjusted gross margin of $0.4 million in 2022 and $1.0 million in 2023 and thereafter.
Beachside Pipeline Extension
In June 2021, Peninsula Pipeline and Florida City Gas entered into a Transportation Service Agreement for an incremental 10,176 Dts/d of firm service in Indian River County, Florida, to support Florida City Gas' growth along the Indian River's barrier island. As part of this agreement, Peninsula Pipeline will construct approximately 11.3 miles of pipeline from its existing pipeline in the Sebastian, Florida, area east under the Intercoastal Waterway and southward on the barrier island. The Company expects this extension to generate additional annual adjusted gross margin of $1.8 million in 2023 and $2.5 million thereafter.
North Ocean City Connector
Pending receipt of the remaining permits, the Company expects to begin construction in the second quarter of 2022 of an extension of service into North Ocean City, Maryland. The Company's Delaware Division and Sandpiper Energy plan to install approximately 5.7 miles of pipeline across southern Sussex County, Delaware to Fenwick Island, Delaware and Worcester County, Maryland. The project will produce additional capacity to serve new customers and reinforce our existing system in Ocean City, Maryland. The Company expects this expansion to generate additional annual adjusted gross margin of $0.4 million in 2023 and beyond.
Virtual Pipeline Solutions (CNG, RNG & LNG)
Marlin Gas Services provides CNG RNG and liquefied natural gas ("LNG") temporary hold services, contracted pipeline integrity services, emergency services for damaged pipelines and specialized gas services for customers who have unique requirements. For the quarter ended March 31, 2022, Marlin Gas Services generated additional adjusted gross margin of $0.1 million compared to the quarter ended March 31, 2021. The Company estimates that Marlin Gas Services will generate annual adjusted gross margin of approximately $8.5 million in 2022, and $9.5 million in 2023, with potential for additional growth in future years. Marlin Gas Services continues to actively expand the territories it serves, as well as leverage its patented technology to serve other markets, including pursuing liquefied natural gas transportation opportunities and renewable natural gas transportation opportunities from diverse supply sources to various pipeline interconnection points, as further outlined below.
RNG Infrastructure
Noble Road Landfill RNG Project
In October 2021, Aspire Energy completed construction of its Noble Road Landfill RNG pipeline project, a 33.1-mile pipeline, which transports RNG generated from the Noble Road landfill to Aspire Energy's pipeline system, displacing conventionally produced natural gas. In conjunction with this expansion, Aspire Energy also upgraded an existing compressor station and installed two new metering and regulation sites. The RNG volume is expected to represent nearly 10 percent of Aspire Energy's gas gathering volumes.
Bioenergy DevCo
In June 2020, the Company's Delmarva natural gas operations and Bioenergy DevCo ("BDC"), a developer of anaerobic digestion facilities that create renewable energy and healthy soil products from organic material, entered into an agreement related to a project to extract RNG from poultry production waste. BDC and the Company's affiliates are collaborating on this project in addition to several other project sites where organic waste can be converted into a carbon-negative energy source.
Marlin Gas Services will transport the RNG source created from the organic waste from the BDC facility to an Eastern Shore interconnection, where the sustainable fuel will be introduced into the Company's transmission system and ultimately distributed to its natural gas customers.
CleanBay Project
In July 2020, the Company and CleanBay Renewables Inc. ("CleanBay") announced a new partnership to bring RNG to the Company's Delmarva natural gas operations. As part of this partnership, the Company will transport the RNG produced at CleanBay's planned Westover, Maryland bio-refinery, to the Company's natural gas infrastructure in the Delmarva Peninsula region. Eastern Shore and Marlin Gas Services, will transport the RNG from CleanBay to the Company's Delmarva natural gas distribution system where it is ultimately delivered to the Delmarva natural gas distribution end use customers.
At the present time, the Company expects to generate adjusted gross margin of $1.0 million in 2022 and beyond from renewable natural gas transportation. As the Company continues to finalize contract terms associated with some of these projects, additional information will be provided regarding incremental margin at a future time.
Acquisitions
Diversified Energy
On December 15, 2021, the Company's subsidiary, Sharp Energy, Inc. ("Sharp Energy") acquired the propane operating assets of Diversified Energy for approximately $37.5 million net of cash acquired. There are multiple strategic benefits to this acquisition including it: (i) expands the Company's propane territory into North Carolina and South Carolina while also expanding our existing footprint in Pennsylvania and Virginia, and (ii) includes an established customer base with opportunities for future growth. Through this acquisition, the Company added approximately 19,000 residential, commercial and agricultural customers, along with distribution of approximately 10.0 million gallons of propane annually. For the three months ended March 31, 2022, Diversified Energy contributed $4.0 million in adjusted gross margin and is expected to generate $11.3 million of additional adjusted gross margin in 2022 and $12.0 million in 2023.
Escambia Meter Station
In June 2021, Peninsula Pipeline purchased the Escambia Meter Station from Florida Power and Light and entered into a Transportation Service Agreement with Gulf Power Company to provide up to 530,000 Dts/d of firm service from an interconnect with FGT to Florida Power & Light's Crist Lateral pipeline. The Florida Power & Light Crist Lateral provides gas supply to their natural gas fired power plant owned by Florida Power & Light in Pensacola, Florida. The Company generated $0.3 million in additional adjusted gross margin for the three months ended March 31, 2022 and estimates that this acquisition will generate adjusted gross margin of approximately $1.0 million in 2022 and beyond.
Regulatory Initiatives
Florida Gas Reliability Infrastructure Program ("GRIP")
Florida GRIP is a natural gas pipe replacement program approved by the Florida PSC that allows automatic recovery, through rates, of costs associated with the replacement of mains and services. Since the program's inception in August 2012, the Company has invested $189.5 million of capital expenditures to replace 348 miles of qualifying distribution mains, including $23.6 million of new pipes during 2021. GRIP generated additional gross margin of $0.8 million for the quarter ended March 31, 2022 compared to March 31, 2021. The Company is currently projecting to complete this program in 2022 and expects to generate adjusted gross margin of $18.8 million and $19.5 million in 2022 and 2023, respectively. The adjusted gross margin on GRIP investments will continue until the Company requests the remaining net GRIP investment, and the associated expenses, be included in its next base rate proceeding.
Capital Cost Surcharge Programs
In December 2019, the FERC approved Eastern Shore's capital cost surcharge to become effective January 1, 2020. The surcharge, an approved item in the settlement of Eastern Shore's last general rate case, allows Eastern Shore to recover capital costs associated with mandated highway or railroad relocation projects that required the replacement of existing Eastern Shore facilities. For the first quarter of 2022 there was $0.5 million of adjusted gross margin generated pursuant to the program. Eastern Shore expects to produce adjusted gross margin of approximately $2.0 million in 2022 and 2023 from relocation projects, which is ultimately dependent upon the timing of filings and the completion of construction.
Elkton Gas Strategic Infrastructure Development and Enhancement ("STRIDE") Plan
In June 2021, the Company reached a settlement with the Maryland PSC Staff and the Maryland Office of the Peoples Counsel regarding a five-year plan to replace Aldyl-A pipelines and recover the associated costs of those replacements through a fixed charge rider. The STRIDE plan went into service in September 2021 and is expected to generate $0.2 million of adjusted gross margin in 2022 and $0.4 million annually thereafter.
COVID-19 Regulatory Proceeding
In October 2020, the Florida PSC approved a joint petition of the Company's natural gas and electric distribution utilities in Florida to establish a regulatory asset to record incremental expenses incurred due to COVID-19. The regulatory asset will allow the Company to seek recovery of these costs in the next base rate proceedings. In November 2020, the Office of Public Counsel filed a protest to the order approving the establishment of this regulatory asset treatment, contending that the order should be reversed or modified and to request a hearing on the protest. The Company's Florida regulated business units reached a settlement with the Office of Public Counsel in June 2021. The settlement allowed the business units to establish a regulatory asset of $2.1 million. This amount includes COVID-19 related incremental expenses for bad debt write-offs, personnel protective equipment, cleaning and business information services for remote work. The Company's Florida regulated business units will amortize the amount over two years beginning January 1, 2022 and recover the regulatory asset through the Purchased Gas Adjustment and Swing Service mechanisms for the natural gas business units and through the Fuel Purchased Power Cost Recovery clause for the electric division. This results in annual additional adjusted gross margin of $1.0 million that will be offset by a corresponding amortization of regulatory asset expense for both 2022 and 2023.
Florida Natural Gas Base Rate Proceeding
On March 24, 2022, the Florida natural gas distribution business units of the Company, Florida Public Utilities Company, the Florida Division of Chesapeake Utilities Corporation, Florida Public Utilities Company – Indiantown Division, and Florida Public Utilities Company – Fort Meade (jointly, "the Florida Natural Gas Companies"), filed a joint notification with the Florida PSC, stating their intent to file a consolidated natural gas base rate proceeding and request consolidation of the Florida distribution operations under Florida Public Utilities Company for all Florida regulatory purposes. The Florida Natural Gas Companies anticipate filing the consolidated base rate case as soon as practicable after the expiration of the notification period, but not before May 24, 2022.
The Florida Natural Gas Companies estimate that an increase in the revenue requirement of $18 million to $21 million is necessary to produce sufficient revenues to allow the Florida Natural Gas Companies, once consolidated, to continue to provide the safe and reliable natural gas service the Company's customers deserve and have come to expect, while continuing to invest in the safety of the Company's employees, customers, and communities, as well as the natural gas distribution system itself. The Florida Natural Gas Companies' request will seek an effective date for new rates of January 1, 2023. The Florida Natural Gas Companies will also be requesting interim rate relief, subject to refund, in accordance with the applicable statute using the period January 1, 2021 through December 31, 2021, as the test period. The Company currently cannot estimate the ultimate outcome of the consolidated base rate proceeding.
Other major factors influencing adjusted gross margin
Weather Impact
For the three months ended March 31, 2022, weather conditions accounted for $0.4 million of decreased adjusted gross margin compared to the same period in 2021. Assuming normal temperatures, as detailed below, adjusted gross margin would have been higher by $0.9 million. The following table summarizes HDD and CDD variances from the 10-year average HDD/CDD ("Normal") for the three months ended March 31, 2022 and 2021.
Natural Gas Distribution Adjusted Margin Growth
Customer growth for the Company's natural gas distribution operations, as a result of the addition of new customers (excluding acquisitions) and the conversion of customers from alternative fuel sources to natural gas service, generated $1.2 million of additional adjusted gross margin for the three months ended March 31, 2022. The average number of residential customers served on the Delmarva Peninsula increased 5.3 percent for the three months ended March 31, 2022, while Florida customers increased by 4.0 percent, for the same period. A larger percentage of the adjusted gross margin growth was generated from residential growth given the expansion of natural gas into new housing communities and conversions to natural gas as the Company's distribution infrastructure continues to build out. The Company anticipates continued customer growth as new communities continue to build out due to population growth and infrastructure is added to support the growth, there is also increased load from new commercial and industrial customers. Details are provided in the following table:
Capital Investment Growth and Associated Financing Plans
The Company's capital expenditures were $25.6 million for the three months ended March 31, 2022. The following table shows a range of the forecasted 2022 capital expenditures by segment and by business line:
The capital expenditure projection is subject to continuous review and modification. Actual capital requirements may vary from the above estimates due to a number of factors, including changing economic conditions, capital delays that are greater than currently anticipated, customer growth in existing areas, regulation, new growth or acquisition opportunities and availability of capital. Historically, actual capital expenditures have typically lagged behind the forecasted amounts.
The Company's target ratio of equity to total capitalization, including short-term borrowings, is between 50 and 60 percent. The Company's equity to total capitalization ratio, including short-term borrowings, was 52 percent as of March 31, 2022.
The Company may utilize more temporary short-term debt, when the financing cost is attractive, as a bridge to permanent long-term financing, or if the equity markets are more volatile. The Company currently maintains a multi-tranche $400.0 million syndicated revolving line of credit (the "Revolver"), with multiple participating lenders to meet its short-term borrowing needs. The two tranches of the facility consist of a $200.0 million 364-day short-term debt tranche and a $200.0 million five-year tranche, both of which have three (3) one-year extension options which can be authorized by our Chief Financial Officer. The Company is eligible to establish the repayment term for individual borrowings under the five year tranche of the facility and to the extent that an individual loan under the revolver exceeded 12 months, the outstanding balance would be classified as a component of long-term debt.
The 364-day tranche of the Revolver expires in August 2022 and the five-year tranche expires in August 2026; both tranches are available to provide funds for the Company's short-term cash needs to meet seasonal working capital requirements and to temporarily fund portions of the Company's capital expenditures. As of March 31, 2022, the pricing under the 364-day tranche of the Revolver does not include an unused commitment fee and maintains an interest rate of 0.70 percent over LIBOR. As of March 31, 2022, the pricing under the five-year tranche of the Revolver included an unused commitment fee of 0.09 percent and an interest rate of 0.95 percent over LIBOR. The Company's total available credit under the Revolver at March 31, 2022 was $256.3 million.
The Company issued $50 million of 2.95 percent Senior Notes on March 15, 2022 under a private placement agreement with MetLife Investment Advisors. The Company used the proceeds received from the issuances of the Senior Notes to reduce short-term borrowings under its revolving credit facility and to fund capital expenditures. These Senior Notes have similar covenants and default provisions as the existing senior notes, and have an annual principal payment beginning in the eleventh year after the issuance.
In terms of equity capital, the Company maintains an effective shelf registration statement with the Securities and Exchange Commission for the issuance of shares under its Dividend Reinvestment and Direct Stock Purchase Plan (the "DRIP"). In June 2020, the Company also filed a shelf registration statement with the Securities and Exchange Commission, which provides for the issuance of shares of its common stock via a variety of offering types. In August 2020, the Company filed a prospectus supplement under the shelf registration statement for an At-the-Market ("ATM") program under which the Company may issue and sell shares of common stock up to an aggregate offering price of $75.0 million under which $62.5 million has been issued.
During the first quarter of 2022, the Company issued less than 0.1 million shares of common stock through its DRIP program and received net proceeds of approximately $3.2 million which were added to the Company's general funds.
Depending on the Company's capital needs and subject to market conditions, in addition to other debt and equity offerings, the Company may consider, as necessary in the future, issuing additional shares under the direct stock purchase component of the DRIP, the ATM program, or pursuant to its shelf registration statement. More information about financing activities is included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and the Company's First Quarter 2022 Form 10-Q.
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SOURCE Chesapeake Utilities Corporation | https://www.wibw.com/prnewswire/2022/05/03/chesapeake-utilities-corporation-reports-first-quarter-2022-results/ | 2022-05-04T02:15:21Z |
The latest of several recent awards from NRL in India, demonstrating superior performance of technologies and customer confidence
HOUSTON, July 18, 2022 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a recent contract award from Numaligarh Refinery Ltd. (NRL). The award is for a new 360 KTA polypropylene (PP) unit using Novolen® technology at NRL's refinery in Golaghat, Assam, India. Lummus' scope includes the technology license, basic design engineering, training, technical services and catalyst supply.
"We are honored to continue supporting NRL's business and are grateful for their confidence in Lummus' technologies," said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. "Novolen is currently the industry's most-licensed polypropylene technology throughout the world, including in India. This leading position is the result of continuous innovation and our customer commitment to provide technologies and solutions that yield maximum profitability, performance, and product quality and flexibility."
In 2021, NRL licensed Indmax FCC technology from Lummus and LC-FINING technology from Chevron Lummus Global, a joint venture between Chevron and Lummus.
Lummus Novolen Technology GmbH licenses the industry leading Novolen® PP technology and provides engineering, technical support and advisory services to the hydrocarbon processing industry. The Novolen portfolio includes NPM™ advanced process controls system, PPConnect™ digital data analysis platform and Lummus O3S™ operator training simulator. Novolen technology includes NEON® low volatile extrusion equipment and components, and Novolen ComPPact® process reactors, which can be used by implementing the proprietary VRC® reactor system, allowing for maximum product range and capacity flexibility. Catalysts are available to licensees to produce high-performance and special PP grades and include Novolen CirPPlus™ recycled polymers, Novolen Enhance™ performance polymers, PPure™ polymers and Novocene® metallocene catalysts.
Lummus Technology is the global leader in developing process technologies that make modern life possible and focus on a more sustainable, low carbon future. Lummus is a master licensor of clean energy, petrochemical, refining, gas processing and renewable technologies, and a supplier of catalysts, proprietary equipment, digitalization and related lifecycle services to customers worldwide. To learn more about Lummus, visit www.LummusTechnology.com.
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SOURCE Lummus Technology, LLC | https://www.kxii.com/prnewswire/2022/07/18/nrl-selects-lummus-novolen-technology/ | 2022-07-18T14:52:40Z |
N. Korea fires 3 ballistic missiles amid 1st virus outbreak
SEOUL, South Korea (AP) — North Korea fired three short-range ballistic missiles toward the sea on Thursday, South Korea’s military said, in the latest of a series of weapons demonstrations this year that came just hours after it confirmed its first case of the coronavirus since the pandemic began.
The launches could underscore North Korea’s determination to press ahead with its efforts to expand its arsenal despite the virus outbreak to rally support behind the leader, Kim Jong Un, and keep up pressure on its rivals amid long-dormant nuclear diplomacy.
South Korea’s Joint Chiefs of Staff said in a statement the three missiles launched from the North’s capital region on Thursday afternoon flew toward the waters off the country’s eastern coast.
It said South Korea’s military has boosted its readiness and surveillance while maintaining close coordination with the United States.
Japan also detected the North Korean launches.
Japanese Prime Minister Fumio Kishida instructed officials to do their utmost to analyze the launch, ensure safety of aircraft and vessels in the area and take precaution and readiness for any possible emergencies, according to his office.
The Japanese coast guard said that a possible ballistic missile from North Korea was believed to have landed at sea. It urged vessels around the Japanese coasts to watch out for falling objects and report them to the authorities.
Earlier Thursday, North Korean state media confirmed the country’s first COVID-19 infections as Kim ordered nationwide lockdowns to slow the spread of the virus. Kim also ordered officials to bolster the country’s defense posture to avoid any security vacuum.
In recent months, North Korea has test-launched a spate of missiles in what experts call an attempt to modernize its weapons and pressure the United States and its allies into accepting it as a nuclear state and relax sanctions on the North. Some observers say that despite the elevated anti-virus steps, North Korea would likely continue its weapons tests to try to boost public morale at home and strengthen loyalty toward the Kim leadership.
Thursday’s launches were the North’s first weapons fired since since the inauguration of new conservative South Korean President Yoon Suk Yeol on Tuesday. Yoon’s office said his national security adviser Kim Sung-han was planning to convene a meeting to discuss the launches.
North Korea has a history of rattling new governments in Seoul and Washington in an apparent bid to boost its bargaining chips in future negotiations. The North Korean nuclear threat will likely top the agenda when Yoon meets visiting U.S. President Joe Biden in Seoul next week.
The North Korean weapons tested recently included a variety of nuclear-capable missiles that could potentially reach South Korea, Japan or the mainland U.S.
Last Saturday, South Korea detected a North Korea ballistic missile launch likely from a submarine in its first underwater-launched weapons test since last October. There are also signs that the North is preparing to conduct its first nuclear test in nearly five years at a remote testing ground in its northeast.
___
Associated Press writer Mari Yamaguchi in Tokyo contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/12/n-korea-fires-3-ballistic-missiles-amid-1st-virus-outbreak/ | 2022-05-12T11:33:30Z |
NEW YORK, July 20, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CareDx, Inc. (NASDAQ: CDNA) between February 24, 2021 and May 5, 2022, both dates inclusive (the "Class Period"), of the important July 22, 2022 lead plaintiff deadline.
SO WHAT: If you purchased CareDx securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the CareDx class action, go to https://rosenlegal.com/submit-form/?case_id=2700 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 22, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants had engaged in a variety of improper and illegal schemes to inflate testing services revenue and demand, including pushing a surveillance protocol through inaccurate marketing materials, offering extravagant inducements or kickbacks to physicians and other providers, and improperly bundling expensive testing services with other blood tests as part of the RemoTraC service; (2) these practices, and others, subjected CareDx to an undisclosed risk of regulatory scrutiny; (3) these practices rendered the Company's testing services revenue reported throughout the Class Period artificially inflated; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the CareDx class action, go to https://rosenlegal.com/submit-form/?case_id=2700 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/07/20/cdna-final-deadline-friday-rosen-highly-recognized-law-firm-encourages-caredx-inc-investors-with-losses-secure-counsel-before-important-july-22-deadline-securities-class-action-cdna/ | 2022-07-20T20:06:48Z |
The World Health Organization (WHO) has declared the monkeypox outbreak a public health emergency of international concern.
The decision was announced Saturday morning after WHO convened its second emergency committee on the issue on Thursday.
"I have decided that the global monkeypox outbreak represents a public health emergency of international concern," WHO Director-General Tedros Adhanom Ghebreyesus announced on Saturday morning.
Tedros said while the committee was unable to reach a consensus, he came to the decision after considering the five elements required on deciding whether an outbreak constitutes a public health emergency of international concern.
He added that while he was declaring monkeypox a public health emergency of international concern, "For the moment this is an outbreak that's concentrated among men who have sex with men, especially those who have multiple partners, that means that this is an outbreak that can be stopped with the right strategies in the right right groups."
WHO initially stopped short of declaring the monkeypox outbreak a public health emergency of international concern after its first emergency committee meeting on June 23. At the time, Tedros said the emergency committee advised that at the moment, "the event does not constitute a Public Health Emergency of International Concern" but acknowledged the "evolving health threat" that WHO would be following extremely closely.
WHO defines a public health emergency of international concern, or PHEIC, as "an extraordinary event" that constitutes a "public health risk to other States through the international spread of disease" and "to potentially require a coordinated international response."
The organization's emergency committee on monkeypox first met in late June, when its members reported serious concerns about the scale and speed of the virus outbreak but said it didn't constitute a PHEIC. Tedros reconvened the committee in order to provide the latest information, he has said.
The PHEIC designation comes from the International Health Regulations created in 2005, and it represents an international agreement to help the prevent and respond to public health risks that have the potential to spread around the globe.
The US Centers for Disease Control and Prevention describes the regulations as "a legally binding agreement of 196 countries to build the capability to detect and report potential public health emergencies worldwide. IHR require that all countries have the ability to detect, assess, report, and respond to public health events."
There are two ongoing public health emergencies: polio, which began in 2014, and Covid-19, starting in 2020.
Four other PHEICs have been declared since the regulations were put into place: H1N1 influenza from 2009 to 2010; Ebola from 2014 to 2016 and from 2019 to 2020; and the Zika virus in 2016.
Currently, the US is reporting over 2,800 probable or confirmed monkeypox cases in 44 states, DC and Puerto Rico, according to data from the US Centers for Disease Control and Prevention. Globally, there are over 16,500 cases reported in 74 countries.
Monkeypox is a much less severe cousin of the now-eradicated smallpox virus. It is endemic to parts of West and Central Africa and is usually contracted from a rodent or small mammal.
The monkeypox virus can spread through contact with body fluids, sores or items such as clothing and bedding contaminated with the virus. It can also spread from person to person through respiratory droplets, typically in a close setting, according to the CDC.
Anyone who has had contact with someone with a monkeypox-like rash, or who has had contact with someone who has a probable or confirmed case of monkeypox, is at high risk for infection. A large number of cases this year have been in men who have sex with men, and public health officials are focusing their prevention efforts in this group.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/who-declares-monkeypox-a-public-health-emergency-of-international-concern/article_6807cceb-6459-5d37-9719-5f7ea0369862.html | 2022-07-23T16:22:17Z |
What a day it was. Tuesday, May 24. A day that will live in infamy. While we were deciding the candidates that will face off in the November general election in Georgia, a crazed gunman walked into an elementary school in Uvalde, Texas, and killed 19 children and two teachers before being killed himself.
Nineteen children, second- to fourth-grade, who will never see another sunrise, hear the sound of rain, ride a bike, make a silly face, kick a ball, take a school trip, fall in love, laugh or cry, or have a family of their own.
Was there among them an outstanding athlete, an inventor, a business executive, an opera star, an artist, a senator or just some plain good folks who would have made this a better world by their very presence? Sadly, we will never know.
I grieve for the parents whose lives have been changed forever. I know what it is like to outlive a young family member. It should not happen. And these families should not have had their children slaughtered like cattle. And don’t forget the brave teachers who gave their lives shielding the students from the shooter.
I think of my own brood: Cameron, Hayden, Hadley and Harper, Henry and Noah. How safe are they? Will their schools become military-style bunkers? Armed camps? I think of my own school days. The most frequent examples of what passed in those times for violence was an occasional duke-it-out after school and no hard feelings afterwards.
At about noon our time, 18-year-old Salvador Ramos entered Robb Elementary to begin his rampage. By 4 p.m., the full impact of what had taken place began to be known. By 7 p.m., the finger-pointing was underway and those innocent babes who had their lives snuffed out were the equivalent of yesterday’s news.
The topic now was who was to blame. Fox News said liberals. CNN said it’s the NRA’s intransigence. Politicians blathered and postured, depending on which side of the issue they stand. Social media was doing its usual superb job of providing misinformation and conspiracy theories. (Anonymously, of course.)
And I am sure there are those among you ready to weigh in on the issue. I am ready to hear them. But before you do, I suggest that you take a few minutes and pray for each individual victim and for their families. If you aren’t into prayer, meditate or do whatever it is you do, but put the victims and their families ahead of your personal opinions on guns. That really isn’t that important at the moment.
Here are the names of the children: Uziyah Garcia, Jose Flores, Amerie Jo Garza, Xavier Javier Lopez, Nevaeh Bravo, Alithia Ramirez, Tess Marie Mata, Alexandria Aniya Rubio, Layla Salazar, Makenna Lee Elrod, Jayce Luevanos, Jailah Nicole Silguero, Eliana “Ellie” Garcia, Eliahana Cruz Torres, Annabell Guadalupe Rodriguez, Jacklyn “Jackie” Cazares, Maite Yuleana Rodriguez, Rogelio Torres, Miranda Matthis and their teachers, Eva Mireles and Irma Garcia.
Their names are unfamiliar to us, but they could be your children or grandchildren or nieces or nephews or neighbors. Uvalde could be somewhere in Georgia. And there could be some sick individual just waiting for the opportunity to wreak havoc on our community.
By the way, one time is not enough. Pray and meditate until the horror becomes ingrained in your mind and you want to do something about our sick society besides finger-pointing and blaming somebody else. We just might be a part of the problem.
According to the Center for Homeland Defense and Security, there have been more than 2,000 school shootings in the United States since the 1970s with nearly 700 killed, including Uvalde. No other country comes close.
Our propensity for killing each other is a multidimensional problem, involving more than guns. Gun violence is a manifestation of a country that has become increasingly polarized and angry. I see no end to it.
There is a lack of respect for authority. A lack of respect for institutions. A lack of tolerance for differences of opinion. Stifling political correctness. Racism — black and white. Drugs. Violence. Irresponsible social media. Pandering politicians. Into this mix, we throw in guns-vs.-gun control and more polarization.
Frankly, I am not sure what the answer is. I wish I knew. All I know is I am going to spend this time praying for 21 innocent people who did not deserve to die and who should be with us today. Please join me. Let’s save the finger-pointing for later. | https://www.albanyherald.com/opinion/dick-yarbrough-thoughts-on-a-day-that-will-live-in-infamy/article_00a1c37a-de8f-11ec-a2c2-93208f16b7a8.html | 2022-05-29T23:10:32Z |
78,000 pounds of infant formula arrives in US
INDIANAPOLIS (AP) — Enough specialty infant formula for more than half a million baby bottles arrived Sunday in Indianapolis.
The formula, weighing 78,000 pounds (35,380 kilograms), was being transported by military plane, White House press secretary Karine Jean-Pierre told reporters aboard Air Force One as President Joe Biden flew from South Korea to Japan.
It is the first of several flights carrying infant formula from Europe expected this weekend to relieve the deepening shortage in the U.S. The flights were authorized by Biden.
Agriculture Secretary Tom Vilsack was in Indianapolis to greet the arrival of the first shipment in Indianapolis.
The Biden administration — which has struggled to address a nationwide shortage of formula, particularly hypoallergenic varieties — has dubbed the effort “Operation Fly Formula.” The crisis follows the closure of the nation’s largest domestic manufacturing plant in Michigan in February due to safety issues.
The White House has said 132 pallets of Nestlé Health Science Alfamino Infant and Alfamino Junior formula was to leave Ramstein Air Base in Germany for the U.S. Another 114 pallets of Gerber Good Start Extensive HA formula were expected to arrive in the coming days. Altogether, about 1.5 million 8-ounce bottles of the three formulas, which are hypoallergenic for children with cow’s milk protein allergy, are expected to arrive this week.
Indianapolis was chosen because it is a Nestle distribution hub. The formula will be offloaded into FedEx semitractor-trailers and taken to a Nestle distribution center about a mile away where the company will do a standard quality control check before distributing the supplies to hospitals, pharmacies and doctor’s offices, according to an administration official on site.
Air Force planes are transporting the initial batch of formula because no commercial flights were available this weekend.
The flight was the first of several to provide “some incremental relief in the coming days” as the government works on a more lasting response to the shortage, Brian Deese, director of the White House National Economic Council, said Sunday.
Reese told CNN’s “State of the Union” that Sunday’s flight brought 15% of the specialty medical grade formula needed in the U.S., and because of various actions by the government, people should see “more formula in stores starting as early as this week.”
Longer term, he said, the U.S. needs more formula providers “so that no individual company has this much control over supply chains.”
Under “Operation Fly Formula,” the Department of Agriculture and the Department of Health and Human Services are authorized to request Department of Defense support to pick up overseas infant formula that meets U.S. health and safety standards, so it can get to store shelves faster, according to the USDA.
Alfamino is primarily available through hospitals and home health care companies that serve patients at home.
U.S. regulators and the manufacturer, Abbott Nutrition, hope to have its Michigan plant reopened next week, but it will take about two months before product is ready for delivery. The Food and Drug Administration this week eased importation requirements for baby formula to try to ease the supply crunch, which has left store shelves void of some brands and some retailers rationing supply for parents nervous about feeding their children.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/22/white-house-78000-pounds-infant-formula-heading-us/ | 2022-05-22T16:27:13Z |
Which budget gifts for your girlfriend are best?
Finding the right gift for your girlfriend can be challenging, especially if you’re on a budget. Fortunately, you don’t have to spend loads of cash to show you care. Think about your girlfriend’s interests, what she likes and things she’s mentioned in the past. If you’re still not sure, then go broad. Pick something with wide appeal, but enough sentiment so that she knows you’ve clearly been thinking about her. So whether it’s a birthday, holiday or any old Tuesday, here are the best gifts to get your girlfriend when you’re on a budget.
Best sentimental gifts
DakotaDesignsJewelry Pocket Hug Gift
This handmade “pocket hug” is a round disc made from solid pewter, so your girlfriend can carry a hug from you wherever she goes. The size of a quarter, this token can be hand-stamped with three words of your choosing.
Sold by Etsy
ToltonAvenue “I Love You Because …” Mini Notebook
Here is a wooden 4-by-2.25-inch notebook with the phrase “I love you because …” on the cover. It includes 30 sheets of blank paper so you can write personal messages and make this gift extra customized.
Sold by Etsy
WoodLittleThings Personalised Glass Music Plaque
This 5-by-7-inch glass plaque features a message of your choice on top with a personalized photo or album cover and a specially chosen song title and artist below. The plaque is acrylic, and a wooden stand is available at additional cost.
Sold by Etsy
TorianicJewelry Combined Birth Month Flower Bouquet Necklace
This sweet, personalized necklace features three birth flowers on a disc with a matching chain. Options include gold, rose gold or sterling silver. The flowers also can be customized to feature your girlfriend’s birth flower or both of yours together. Each month has a different birth flower.
Sold by Etsy
TheArtofRachel Custom Pet Portrait
Here is a custom pen and watercolor pet portrait that your animal-loving girlfriend will love. Each portrait is unique and made with care, nothing digital or photoshopped, and measures 4 by 6 inches. Frame not included.
Sold by Etsy
JazzieJsJewelry Actual Handwritten Compact Mirror
With this silver-toned compact mirror, you can have a handwritten message etched onto the outside, so she can take a personal note from you wherever she goes. The compact features one standard mirror and one magnified mirror.
Sold by Etsy
Best playful gifts
ASELFAD Badass Morse Code Bracelets
This unique wax-rope bracelet features sterling silver beads that spell out “Bad Ass” in Morse code. The rope is adjustable, and the Morse code adds a fun twist on a standard jewelry gift. Additional style options include other words/phrases like “Love,” “My Person” and “Strength.”
Sold by Amazon
Snoozies Pairables Womens Slippers – But First Sloffee
These extra-soft slipper socks are green on the outside with cozy Sherpa fleece on the inside. One slipper features a cute sloth in a mug, and the other has “but first … Sloffee” embroidered on it. The slippers are machine-washable and have anti-slip soles. Sizes range from small to extra-large.
Sold by Amazon
CrazyDogTshirts Sarcastic “Yeah, No” Shirt
This preshrunk scoop-neck T-shirt is black with big, bold yellow lettering that reads “YEAH, NO.” across the front. It’s 60% cotton and 40% polyester.
Sold by Etsy
FamilyTStore Yoda Best Girlfriend Mug
This 11-ounce mug has a cute “Baby Yoda” illustration on the side along with the text “YODA BEST GIRLFRIEND” printed across the front. The mug is available in white or white and black, plus it’s microwave- and dishwasher-safe.
Sold by Etsy
ImperialCustomCreate Dinner Spinner
If you and your girlfriend often struggle with what to eat for dinner, there’s this entertaining wooden dinner spinner. It can be customized with your names and includes a spinning arrow with choices listed all around. Dinner options can be customized based on what you both enjoy eating, whether it be a specific restaurant or something more general such as a type of food, like pizza or tacos.
Sold by Etsy
Famitile Dachshund Throw Blanket
Here is a fun, lightweight blanket with a playful Dachshund dog print. The blanket is 100% machine-washable polyester and measures 47 by 60 inches.
Sold by Amazon
Best practical gifts
TRIBE Water-Resistant Cell Phone Armband Case Running Holder
This cell phone armband is great for a girlfriend who is into jogging or fitness in general. It is water-resistant, comfortable to wear and fits most iPhone and Samsung phones.
Sold by Amazon
Stash Herbal & Decaf Tea Sampler
Tea drinkers will appreciate this collection of 40 tea bags in 20 decaffeinated black, herbal and green tea flavors. The box even includes honey sticks that are additive-free.
Sold by Amazon
Amorcitto Pastel Soft Cover Notebook
Available in 10 lovely pastel colors, this faux-leather-cover journal contains 160 pages for notes, journaling or whatever else your girlfriend might want to use it for. It’s only 4 by 6 inches in size, so it’s highly portable and convenient.
Sold by Etsy
Bodum Brazil French Press Coffee and Tea Maker
Surprise her with this glass French press coffee maker that comes in three different sizes and two different colors. It’s dishwasher-safe and requires no paper filters. If you want, also get her some new coffee to try out with it.
Sold by Amazon
Earnest Living White Ceramic Essential Oil Diffuser
This ceramic essential oil diffuser has an attractive design and some great features, including auto-shut-off, timers and a nightlight function with seven different color options. The unit produces a very fine mist, and it isn’t noisy.
Sold by Amazon
LOVERY Lavender and Jasmine Home Spa Set
This lavender-themed gift basket comes with lotions, bath salts, bubble bath and other treats, so your girlfriend can have a relaxing at-home spa day. All products are 100% paraben-free and cruelty-free.
Sold by Amazon
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Emily Verona writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/the-best-budget-gifts-for-your-girlfriend/ | 2022-05-21T17:08:27Z |
(The Hill) – Virginia Gov. Glenn Youngkin (R) urged Defense Secretary Lloyd Austin to “indefinitely postpone” the implementation of the department’s coronavirus vaccine mandate for Army National Guard Troops in a new letter obtained by The Hill on Tuesday.
The letter, which was also signed by Republican Virginia Reps. Bob Good, Rob Whittman, Ben Cline and Morgan Griffith, argues that the mandate will drive members of Virginia’s national guard away.
“This directive will unnecessarily impact troop readiness, at a time when the Virginia National Guard has substantial deployments and as our nation enters hurricane season. These guardsmen deserve the opportunity to continue to serve, and we need them,” the letter reads.
Additionally, the letter cites recently dropped mask and vaccine mandate in other jurisdictions, natural immunity to the virus, and the use of therapeutics as reasons for dropping the mandate.
“We know you share our great appreciation and respect for the brave men and women of our National Guard. Their service and sacrifice reflect their commitment to our country and the principles embodied in our nation,” the letter concludes. “A select number of them have made a decision not to get vaccinated and whether that decision is based on sincerely held religious beliefs, their own medical choices, or another matter of conscience, our nation should respect and accommodate it.”
Other Republican governors, including Texas Gov. Greg Abbott (R) and Oklahoma Gov. Kevin Stitt (R), have also voiced objections to the vaccine mandate for the National Guard.
Austin has argued that as defense secretary, he has the authority to set medical requirements.
The letter is the latest effort from Republicans to urge Austin to do away with the mandate. Soldiers in the Army Reserve and Army National Guard have until Thursday to receive the vaccine or get an exemption. If they do neither, they could face punishment or removal from service.
Roughly 60,000 Army Reserve and National Guard soldiers are still unvaccinated against COVID-19. According to the Military Times, 3,400 troops have been involuntarily separated from service for refusing to get the shot. | https://cw33.com/news/nexstar-media-wire/youngkin-urges-defense-secretary-to-indefinitely-postpone-national-guard-vaccine-mandate/ | 2022-06-28T21:48:38Z |
An Exclusive Human Milk Diet with Prolacta's Fortifiers Reduces Risk of BPD, Late-Onset Sepsis, NEC, and ROP While Improving Neurological Development, Clinical Data Demonstrate
DUARTE, Calif., July 27, 2022 /PRNewswire/ -- Prolacta Bioscience®, the world's leading hospital provider of 100% human milk-based nutritional products for critically ill, premature infants, reports that data from a growing body of peer-reviewed clinical studies show a reduced risk of several comorbidities among premature infants who received Prolacta's 100% human milk-based fortifiers as part of Exclusive Human Milk Diet (Prolacta's EHMD), compared to premature infants fed cow milk-based fortifiers.1-13
"Premature infants are susceptible to life-threatening complications that risk not only their very survival but also their long-term health and development," said Melinda Elliott, MD, FAAP, and chief medical officer of Prolacta. "Multiple peer-reviewed studies found that Prolacta's nutritional fortifiers, when used as part of an EHMD, play an integral role in helping reduce rates of the most common comorbidities in these fragile infants while also improving their long-term neurodevelopment."1-13
Neonatal intensive care units (NICUs) worldwide are working to reduce complications in premature infants. Mounting clinical evidence shows that replacing cow milk-based fortifiers with Prolacta's EHMD delivers the concentrated nutrition premature infants need to promote adequate growth and development,10 increases feeding tolerance,8 and reduces several of the most serious complications, including bronchopulmonary dysplasia (BPD),5,7,8 late-onset sepsis,5-7 necrotizing enterocolitis (NEC),9,11,13 and retinopathy of prematurity (ROP).5,8,10
An infant's lungs are among the last organs to fully develop inside the womb, leaving many premature infants at high risk of developing BPD. BPD is also called chronic lung disease (CLD) of prematurity. It is one of the most serious complications of prematurity and can cause respiratory morbidity, longer hospital stays, and long-term neurodevelopmental impacts. The longer a premature infant receives supplemental oxygen or mechanical ventilation, the higher the risk of developing BPD.14
Several studies have reported significant decreases (weighted average of 9.7%) in the incidence of BPD in premature infants fed Prolacta's EHMD compared to those fed cow milk-based nutritional products.5,7,8 Another study revealed that time is of the essence: Early fortification with Prolacta's fortifiers as part of an EHMD led to a 15% reduction in the incidence of BPD, compared with late fortification.2
Late-onset sepsis is a dangerous systemic infection with subsequent inflammatory response and the leading cause of mortality in NICUs. It is estimated that premature infants have up to a 26% chance of developing this serious complication.5-7 Late-onset sepsis is associated with several potential complications, including increased ventilation use, neurodevelopmental disabilities, predisposition to other comorbidities like BPD and ROP, longer NICU stays, and higher NICU costs.2,5,7,12
Several studies show that premature infants fed Prolacta's EHMD are less likely to develop late-onset sepsis than those fed cow milk-based fortifiers.5-7
NEC is a serious intestinal disease among extremely preterm infants (those born < 28 weeks gestational age) and is one of the leading causes of mortality among these very fragile, young patients.12 NEC is especially prevalent in premature infants who are fed cow milk-based fortifiers. Mortality for premature infants with NEC requiring surgical intervention can be as high as 34.9%, and 20.3% mortality in infants with medical NEC.15
Several studies have reported that premature infants who received Prolacta's EHMD instead of cow milk-based fortifiers have a reduced incidence of medical NEC or surgical NEC.7-9,11,13,16
ROP is an eye disease primarily affecting premature infants that results in abnormal development of retinal blood vessels. Between 40% and 80% of preterm infants develop ROP, making it a leading cause of blindness and decreased vision in children worldwide with a direct impact on neurodevelopment.17-20
Multiple studies have shown that infants fed Prolacta's EHMD have lower incidence and/or severity of ROP than those who are fed cow milk-based fortifiers.5-8
"The significant body of clinical evidence supporting short- and long-term health benefits with the use of an EHMD with Prolacta's fortifiers is encouraging and positively impacts not only the infants but also their families, communities, and the health system as a whole," said Scott Elster, president and CEO of Prolacta. "Addressing premature infant complications through nutrition in the NICU means getting these babies home sooner and healthier, and ultimately reducing hospital costs."8,12,21
In addition to reducing the risk of life-threatening comorbidities, Prolacta's EHMD has been clinically shown to:
- Lower mortality and morbidity7-9,11
- Achieve adequate growth2,4,9,10,22
- Shorten stays in the NICU8
- Reduce hospital costs8,12,21
- Improve long-term outcomes such as neurological development1,3
- Reduce feeding intolerance8
The major difference between cow milk-based and human milk-based products is the composition — notably, the bioactive components that are unique to human milk. These include immunoglobulins, lactoferrin, milk fat globule membrane, and the wide spectrum of prebiotics known as human milk oligosaccharides (HMOs), which are not easily manufactured and thus are greatly decreased or missing from cow milk-based nutritional products.23 Bioactivity is thought to support infants' immunity, development, growth, and long-term health.24
Prolacta's 100% human milk-based nutritional products have the highest bioactivity in the human milk industry.25 Prolacta's nutritional products are vat pasteurized using profiles defined by the U.S. Food and Drug Administration (FDA) to ensure pathogen inactivation and the highest level of safety while retaining as much of the natural bioactivity of the milk as possible.25 Prolacta's vat pasteurized products retain higher bioactivity than products processed using other methods, including retort sterilization and ultra-high-temperature (UHT) processing.26,27
Prolacta Bioscience® Inc. is a privately held, global life sciences company dedicated to Advancing the Science of Human Milk® to improve the health of critically ill, premature infants. Prolacta's 100% human milk-based nutritional products have been evaluated in more than 20 clinical studies published in peer-reviewed journals. More than 80,000 premature infants have benefited from Prolacta's nutritional products worldwide to date.* Established in 1999, Prolacta is the world's leading provider of human milk-based nutritional products for hospital use and is also exploring the therapeutic potential of human milk across a wide spectrum of diseases. Prolacta maintains the industry's strictest quality and safety standards for screening, testing, and processing human donor milk. Operating the world's first pharmaceutical-grade human milk processing facilities, Prolacta uses vat pasteurization and a patented, U.S. Food and Drug Administration-reviewed manufacturing process to ensure pathogen inactivation while protecting the nutritional composition and bioactivity of its human milk-based products. Prolacta is a global company with headquarters in Duarte, California, and can be found online at www.prolacta.com, on Twitter, Instagram, Facebook, and LinkedIn.
*Estimated number of premature infants fed Prolacta's products from January 2007 to December 2021; data on file.
Media Contact:
Loren Kosmont
Lkosmont@prolacta.com
310-721-9444
1. Bergner EM, Shypailo R, Visuthranukul C, et al. Growth, body composition, and neurodevelopmental outcomes at 2 years among preterm infants fed an exclusive human milk diet in the neonatal intensive care unit: a pilot study. Breastfeed Med. 2020. 15(5):304-311. doi:10.1089/bfm.2019.0210
2. Huston R, Lee M, Rider E, et al. Early fortification of enteral feedings for infants <1250 grams birth weight receiving a human milk diet including human milk-based fortifier. J Neonatal Perinatal Med. 2020;13(2):215-221. doi:10.3233/NPM-190300
3. Rahman A, Kase J, Murray Y, et al. Neurodevelopmental outcome of extremely low birth weight infants fed an exclusive human milk diet is not affected by growth velocity. Breastfeed Med. 2020;15(6):362-369. doi:10.1089/bfm.2019.0214
4. Lucas A, Boscardin J, Abrams SA. Preterm infants fed cow's milk-derived fortifier had adverse outcomes despite a base diet of only mother's own milk. Breastfeed Med. 2020;15(5):297-303. doi:10.1089/bfm.2019.013
5. Delaney Manthe E, Perks PH, Swanson JR. Team-based implementation of an exclusive human milk diet. Adv Neonatal Care. 2019;19(6):460-467. doi:10.1097/ANC.0000000000000676
6. O'Connor DL, Kiss A, Tomlinson C, et al. Nutrient enrichment of human milk with human and bovine milk-based fortifiers for infants born weighing <1250 g: a randomized clinical trial [published corrections appear in Am J Clin Nutr. 2019;110(2):529 and Am J Clin Nutr. 2020;111(5):1112] Am J Clin Nutr. 2018;108(1):108-116. doi:10.1093/ajcn/nqy067
7. Hair AB, Peluso AM, Hawthorne KM, et al. Beyond necrotizing enterocolitis prevention: improving outcomes with an exclusive human milk-based diet [published correction appears in Breastfeed Med. 2017;12(10):663] Breastfeed Med. 2016;11(2):70-74. doi:10.1089/bfm.2015.0134
8. Assad M, Elliott MJ, Abraham JH. Decreased cost and improved feeding tolerance in VLBW infants fed an exclusive human milk diet. J Perinatol. 2016;36(3):216-220. doi:10.1038/jp.2015.168
9. Abrams SA, et al. Greater mortality and morbidity in extremely preterm infants fed a diet containing cow milk protein products. Breastfeed Med. June 2014. 9(6): 281-0285. doi:10.1089/bfm.2014.0024. This cohort study included 260 extremely preterm infants born weighing less than 1,250 g who received a diet that ranged from 100% cow milk to 100% human milk.
10. Hair AB, Hawthorne KM, Chetta KE, et al. Human milk feeding supports adequate growth in infants ≤ 1250 grams birth weight. BMC Res Notes 2013;6:459. doi:10.1186/1756-0500-6-459.
11. Cristofalo EA, et al. Randomized trial of exclusive human milk versus preterm formula diets in extremely premature infants. J Pediatr. December 2013. 163(6):1592-1595. doi: 10.1016/j.jpeds.2013.07.011.
12. Ganapathy V, et al. Costs of necrotizing enterocolitis and cost-effectiveness of exclusively human milk-based products in feeding extremely premature infants. Breastfeed Med. February 2012. 7(1):29-37. doi: 10.1089/bfm.2011.0002. This cost-effectiveness analysis of 2,560 extremely premature infants less than 28 weeks gestational age in 257 hospitals nationwide compared the impact of an exclusive human milk diet composed of mother's milk fortified with a human milk-based fortifier versus mother's milk fortified with cow milk-based fortifier.
13. Sullivan S, et al. An exclusively human milk-based diet is associated with a lower rate of necrotizing enterocolitis than a diet of human milk and bovine milk-based products. J Pediatr. April 2010. 156(4):562-567. doi: 10.1016/j.jpeds.2009.10.040.
14. Learn about bronchopulmonary dysplasia. American Lung Association. Accessed March 6, 2020. https://www.lung.org/lung-health-diseases/lung-disease-lookup/bronchopulmonary-dysplasia/learn-about-bpd.
15. Han SM, Hong CR, Knell J, et al. Trends in incidence and outcomes of necrotizing enterocolitis over the last 12 years: A multicenter cohort analysis. J Pediatr Surg. 2020;55(6):998-1001. doi:10.1016/j.jpedsurg.2020.02.046
16. Huston RK, et al. Decreasing necrotizing enterocolitis and gastrointestinal bleeding in the neonatal intensive care unit: the role of donor human milk and exclusive human milk diets in infants <1,500 g birth weight. Infant Child Adolesc Nutr. 10 January 2014. 13:127. doi: 10.1177/1941406413519267.
17. Dutta S, Raghuveer T, Vinekar A, Dogra MR. Can we stop the current epidemic of blindness from retinopathy of prematurity? Indian Pediatr. 2016;53(Suppl 2):S80-S84.
18. Kong L, Fry M, Al-Samarraie M, Gilbert C, Steinkuller PG. An update on progress and the changing epidemiology of causes of childhood blindness worldwide. J AAPOS. 2012;16(6):501-507. doi:10.1016/j.jaapos.2012.09.004
19. Raghuveer TS, Zackula R. Strategies to prevent severe retinopathy of prematurity: a 2020 update and meta-analysis. NeoReviews. 2020;21(4):e249-e263. doi:10.1542/neo.21-4-e249
20. Molloy CS, Anderson PJ, Anderson VA, Doyle LW. The long-term outcome of extremely preterm (<28 weeks' gestational age) infants with and without severe retinopathy of prematurity. J Neuropsychol. 2016;10(2):276-294. doi:10.1111/jnp.12069
21. Iskersky V. Use of an exclusive human milk diet in preterm infants to lower healthcare costs – short-term and long-term perspectives. Neonatal Intensive Care. 2020:37-39.
22. Huston RK, Markell AM, McCulley EA, Gardiner SK, Sweeney SL. improving growth for infants ≤1250 grams receiving an exclusive human milk diet. Nutr Clin Pract. 2018;33(5):671-678. doi:10.1002/ncp.10054.
23. Ballard O, Morrow AL. Human milk composition: nutrients and bioactive factors. Pediatr Clin North Am. 2013 Feb;60(1):49-74. doi: 10.1016/j.pcl.2012.10.002. PMID: 23178060; PMCID: PMC3586783.
24. Gila-Diaz A, Arribas SM, Algara A, Martín-Cabrejas MA, López de Pablo ÁL, Sáenz de Pipaón M, Ramiro-Cortijo D. A review of bioactive factors in human breastmilk: a focus on prematurity. Nutrients. 2019;11(6):1307. doi:10.3390/nu11061307
25. Internal data.
26. Lima HK, Wagner-Gillespie M, Perrin MT, Fogleman AD. Bacteria and bioactivity in Holder pasteurized and shelf-stable human milk products. Curr Dev Nutr. 2017;1(8):e001438. doi:10.3945/cdn.117.001438
27. Meredith-Dennis L, Xu G, Goonatilleke E, Lebrilla CB, Underwood MA, Smilowitz JT. Composition and variation of macronutrients, immune proteins, and human milk oligosaccharides in human milk from nonprofit and commercial milk banks. J Hum Lact. 2018;34(1):120-129. doi:10.1177/0890334417710635
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SOURCE Prolacta Bioscience | https://www.kxii.com/prnewswire/2022/07/27/multiple-peer-reviewed-studies-show-prolactas-100-human-milk-based-nutritional-fortifiers-reduce-risk-life-threatening-comorbidities-premature-infants-compared-cow-milk-based-nutrition/ | 2022-07-27T14:11:22Z |
- This research collaboration marks Antengene's entry into the field of cellular medicines.
SHANGHAI and HONG KONGJuly 19, 2022 /PRNewswire/ -- Antengene Corporation Limited ("Antengene" SEHK: 6996.HK), a leading innovative, commercial-stage global biopharmaceutical company dedicated to discovering, developing and commercializing first-in-class and/or best-in-class therapeutics in hematology and oncology, today announced that it has entered into a pre-clinical research collaboration with Celularity Inc. (NASDAQ: CELU) (Celularity), a clinical-stage biotechnology company developing placental-derived allogeneic cell therapies. Antengene and Celularity will evaluate the potential therapeutic synergy combining Antengene's bispecific antibody with Celularity's cryopreserved human placental hematopoietic stem cell-derived natural killer (NK) cell therapy platform.
Dr. Jay Mei, Antengene's Founder, Chairman and CEO said, "Evaluating new technologies that may have the potential to improve cancer care, either as monotherapy or in synergistic combination with programs, is essential to Antengene's mission. After a careful and comprehensive evaluation, Antengene is very pleased to initiate its first research collaboration in the important field of cellular medicine with Celularity."
Dr. Mei continued, "Celularity's proprietary, novel, allogenic, cryopreserved, off-the-shelf placental-derived cellular medicine platform is very exciting to Antengene. We look forward to collaborating with the company to explore the potential synergies from the combination of Antengene's bispecific antibody, and Celularity's investigational NK cell therapy programs, together or in combination with other agents such as antibodies that target tumor associated antigens (TAA). We are hopeful that this collaboration will yield potential new combination therapies that will improve the treatment of patients with hematological and solid tumor cancers."
Dr. Bo Shan, Antengene's Chief Scientific Officer said, "We are pleased to partner with Celularity's NK cell platform. The rationale for our collaboration is based on two hypotheses, formed from a foundation of preclinical and clinical research. First, that our bispecific antibody, potentially activating NK cells upon immune checkpoint inhibitors (ICI) crosslinking in the tumor microenvironment (TME), can synergize with TAA antibodies to enhance the anti-tumor response. Second, that our bispecific antibody may enhance the proliferation of NK cells and increase their persistence in TME."
Robert J. Hariri, M.D., Ph.D., founder, Chairperson and Chief Executive Officer of Celularity, added, "We are excited to enter into this research collaboration with Antengene to forge new therapeutic strategies for both solid tumors and hematological malignancies using our placental-derived cell therapy platform. There is an immense potential for combining two novel approaches to enhance tumor targeting while also enhancing allogeneic NK cell activation and activity within the tumor microenvironment. This strategy may identify novel therapeutic options targeting a wide range of cancers."
About Antengene
Antengene Corporation Limited ("Antengene", SEHK: 6996.HK) is a leading commercial-stage R&D-driven global biopharmaceutical company focused on the discovery, development, manufacturing and commercialization of innovative first-in-class/best-in-class therapeutics for the treatment of hematologic malignancies and solid tumors, in realizing its vision of "Treating Patients Beyond Borders".
Since 2017, Antengene has a built broad and expanding pipeline of 15 clinical and preclinical assets, of which 10 are global rights assets, and 5 came with rights for Asia Pacific markets including the Greater China region. To date, Antengene has obtained 24 investigational new drug (IND) approvals in the U.S. and Asia, and submitted 6 new drug applications (NDAs) in multiple Asia Pacific markets, with the NDA for XPOVIO® (selinexor) already approved in mainland China, South Korea, Singapore and Australia.
About Celularity
Celularity Inc., headquartered in Florham Park, N.J., USA, is a clinical stage biotechnology company leading the next evolution in cellular medicine by developing allogeneic cryopreserved off-the-shelf placental-derived cell therapies, including therapeutic programs using unmodified NK cells, genetically-modified NK cells, T cells engineered with a CAR (CAR T-cells), and mesenchymal-like adherent stromal cells (ASCs) targeting indications in cancer, infectious and degenerative diseases. In addition, Celularity develops and manufactures innovative biomaterials also derived from the postpartum placenta. Celularity believes that by harnessing the placenta's unique biology and ready availability, it can develop therapeutic solutions that address significant unmet global needs for effective, accessible, and affordable therapies.
To learn more, visit celularity.com.
Forward-looking statements
The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development. For a further discussion of these and other factors that could cause future results to differ materially from any forward-looking statement, see the section titled "Risk Factors" in our periodic reports filed with the Hong Kong Stock Exchange and the other risks and uncertainties described in the Company's Annual Report for year-end December 31, 2021, and subsequent filings with the Hong Kong Stock Exchange.
For more information, please contact:
Investor Contacts:
Donald Lung
E-mail: Donald.Lung@antengene.com
Mobile: +86 18420672158
PR Contacts:
Peter Qian
E-mail: Peter.Qian@antengene.com
Mobile: +86 13062747000
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SOURCE Antengene Corporation Limited | https://www.wibw.com/prnewswire/2022/07/19/antengene-announces-research-collaboration-with-celularity-evaluate-potential-therapeutic-synergy-combining-antengenes-best-in-class-bispecific-antibody-with-celularitys-natural-killer-cell-platform/ | 2022-07-19T10:36:56Z |
BELTON — The American Cutting Horse Association Extravaganza gave out a lot of circuit awards and prizes Saturday and Sunday at the Equine/Livestock Complex of the Bell County Expo Center.
On Sunday afternoon, the youth contestants put on a special riding tribute to commemorate 9/11. There was a large cake decorated like the American flag, said Cary Sims, show secretary.
About 120 riders competed Saturday and about 90 Sunday, she said.
Constantine Caloudas of Brenham won the circuit in the open class and in the 5- and 6-year-old open class. His son, Dylan, got the horses ready to show, he said, and Dylan’s girlfriend, Arwen Bac, won the youth circuit.
“So we had a pretty good week,” he said.
Caloudas has been training cutting horses for the public for 35 years, he said. He brought seven customer-owned horses to the show.
He rides just about every weekend, he said.
“When we’re not at shows on the weekend, we’re at home training the young horses,” he said. “I own a big ranch and have a lot of cattle, so I try to stay in Texas. Most of our shows are in Fort Worth.”
When the horse and rider are cutting a cow out of the herd, he said, the rider keeps a loose rein and the horse does 90% of the work. The rider can help the horse by using his feet.
“It takes two years to train them, because they have to learn how to read a cow, on their own,” he said.
Riding cutting horses is a family-oriented sport, he said, with classes from very young to people 70 and 80 years old.
“It’s a very close family,” he said. “Everybody knows everybody.”
Arwen Bac is a freshman at Blinn College in Brenham. She’s majoring in agricultural science and plans on becoming an equine veterinarian.
She’s had her gelding, Smart Looking Choice, less than a year and has been riding cutting horses only since January.
“I used to do reining and stock horse showing,” she said. “I got tired of that. I found cutting and I said I’m going to try it.
“I love the cows,” she said. “I love that it’s never the same thing. I love to work a lot, so it’s the perfect field for me.”
She likes to think she and her horse get along well, she said.
“I took a chance on him when I bought him, because he was a green horse,” she said. “He still is, but he’s very fast.”
Richard Sims of Kenney wasn’t competing, but said he trained cutting horses for 40 years.
“I’ve started many a person — kids and adults, too,” he said.
He’s worked with them in cutting, general riding and horse care, he said.
Riding cutting horses is “up there with the ultimate family sports,” he said. Often there will be three generations in the same show.
“It has everything to do with the cowboy way,” he said. “There’s something about a child getting on an animal that big — and to get him to go where they want to go — that gives them tremendous esteem.” | https://www.tdtnews.com/news/central_texas_news/article_9e106a66-3255-11ed-b8e4-8340815a6898.html | 2022-09-12T08:58:56Z |
BERLIN (AP) — Germany’s chancellor said Wednesday that he was “disgusted by the outrageous remarks” made by Palestinian President Mahmoud Abbas in Berlin, accusing Israel of committing “50 Holocausts” against Palestinians over the years.
German Chancellor Olaf Scholz’s statement on Twitter came a day after Abbas refused to condemn a deadly attack by Palestinian militants on Israeli athletes at the 1972 Munich Olympics. Instead, Abbas countered by saying he could point to “50 Holocausts” by Israel.
“I am disgusted by the outrageous remarks made by Palestinian President Mahmoud Abbas,” Scholz said. “For us Germans in particular, any relativization of the singularity of the Holocaust is intolerable and unacceptable. I condemn any attempt to deny the crimes of the Holocaust.”
Scholz was criticized both in Germany and Israel for not rejecting Abbas’ comments immediately at the press conference he held with him on Tuesday night at the Chancellery.
A spokesman for Scholz told reporters that his office had summoned the head of the Palestinian mission in Berlin on Wednesday.
The chancellor’s foreign and security policy advisor conveyed that Scholz expects the Palestinian president “to acknowledge the singularity of the Holocaust without any qualification,” Steffen Hebestreit said.
“His gaffe yesterday casts a dark shadow over Germany’s relations with the Palestinian Authority,” Hebestreit said, referring to Abbas’ comments. He added that Scholz has arranged a telephone call with Israeli Prime Minister Lapid for Thursday in order to be able to speak directly with him about this incident as well.
Standing next to Scholz at Tuesday’s press conference, Abbas explicitly used the word “Holocausts” in his reply, drawing a grimace from the German chancellor. Germany has long argued the term should only be used to describe the Nazis’ singular crime of killing 6 million Jews before and during World War II.
While Scholz had earlier rejected the Palestinian leader’s description of Israel’s treatment of Palestinians as “apartheid,” he did not immediately rebuke Abbas for using the term “Holocaust.”
Abbas said that “from 1947 until today, Israel has committed 50 massacres in 50 Palestinian villages.”
“Fifty slaughters. Fifty Holocausts,” he added.
During the Third Reich, the Germans and their henchmen murdered 6 million Jews across Europe.
On Wednesday, Abbas appeared to walk back his comments.
In a written statement, his office said that “President Mahmoud Abbas reaffirms that the Holocaust is the most heinous crime in modern human history.”
The statement stressed that “his answer was not intended to deny the singularity of the Holocaust that occurred in the last century, and condemning it in the strongest terms.”
Abbas’s remarks drew strong condemnation by leaders across Israel’s political spectrum. Caretaker Prime Minister Yair Lapid called the comments, “not only a moral disgrace, but a monstrous lie.”
Dani Dayan, chairman of the Yad Vashem World Holocaust Remembrance Center, had called Abbas’s remarks about the Holocaust “appalling” and urged the German government to respond to the “inexcusable behavior done inside the Federal Chancellery.”
The remarks came a few weeks before the planned commemoration of the 50th anniversary of the Munich attack, in which Palestinian militants killed 11 members of the Israeli Olympic team. Relatives of the slain Israeli athletes said they plan to boycott the ceremony after failing to reach an agreement on bigger compensation from the German government.
Germany’s leading Jewish group also sharply criticized the comment and expressed shock that Scholz did not repudiate Abbas’ comment immediately.
Abbas “tramples on the memory of six million murdered Jews and damages the memory of all victims of the Holocaust,” said Josef Schuster, the head of the Central Council of Jews in Germany. “Such statements cannot be left uncommented. That a relativization of the Holocaust, especially in Germany, at a press conference in the Federal Chancellery, goes unchallenged, I consider scandalous.”
___
Ben Zion reported from Jerusalem. | https://cw33.com/news/international/ap-international/german-leader-condemns-abbas-50-holocausts-remark/ | 2022-08-17T23:39:59Z |
Which Uncommon Goods dinnerware is best?
Founded in 1999 by Dave Bolotsky, Uncommon Goods connects artisans and craftspeople with consumers looking for high-quality, unique home goods. More than 200 artists create and deliver handmade items to households across the globe.
If you’re looking for new dinnerware, its website is a great place to start. For an elegant touch with a rustic flair, the Handmade Wavy Speckled Dinnerware is a perfect choice. It provides a beautiful backdrop for a wide variety of dining room styles.
What to know before you buy Uncommon Goods dinnerware
Materials
Setting the table is almost as personal a statement as choosing a favorite necklace or watch. Part of this journey begins when you select the material for your dinnerware. Uncommon Goods has dinnerware made from:
- Ceramic
- Porcelain
- Marbled glass
- Clay
Colors
Uncommon Goods offers a wide variety of colors for every palette. From neutrals to bright splashes and decorative designs, it’s easy to customize your dinnerware to your overall color scheme and preferences.
Number of pieces
The number of pieces you purchase depends on the number of people in your household and whether or not you plan to entertain routinely. Uncommon Goods offers both sets of dinnerware with two or four place settings as well as individual stock. Purchasing individual stock allows you to buy more of the dinnerware you use most.
What to look for in quality Uncommon Goods dinnerware
Beautiful handiwork
Uncommon Goods partners with craftspeople who are skilled in their trade. Each piece is handmade and beautifully constructed, with textures and finishes applied with exceptional craft and skill.
Microwave- and dishwasher-safe
While some dinnerware requires hand-washing, you can clean most Uncommon Goods pieces in the dishwasher. They are also microwave-safe, and some can also be used in the oven and freezer (check with each piece individually).
Community-minded
Uncommon Goods partners with nonprofit organizations with their Better to Give program. Each purchase you make is eligible for a donation to organizations that include American Forests, International Rescue Committee and The Thurgood Marshall College Fund.
Environmentally friendly
Wherever possible, artists utilize reclaimed or recycled materials in their work. Each piece is packaged in eco-friendly packing materials, too.
Even the Uncommon Goods catalog is good for the environment; it’s printed on Forest Stewardship Council (FSC) certified paper.
How much you can expect to spend on Uncommon Goods dinnerware
Handmade goods with a community focus are not inexpensive. Expect to spend $10-$70 per piece.
Uncommon Goods dinnerware FAQ
What is the return policy at Uncommon Goods?
A. Because each piece of Uncommon Goods dinnerware can be slightly different from the illustration, you may find that they are not what you expected. Uncommon Goods understands this, and they offer a “forever” return policy. If you are unsatisfied with your purchase at any point, you can return it with the following guidelines and restrictions:
- Refunds are applied to the payment method used (or you can opt for a gift certificate).
- If you choose to get your money back, it can take five or more days to post to your account.
- Emailed gift certificates are delivered within 24 hours, but hard copies can take up to a week.
- Shipping charges will not be refunded.
- If you are returning a gift, select the “return a gift” option. This prevents the purchaser from getting a notification that you are returning their gift.
- For gift returns, you’ll receive a gift certificate or replacement. The price can also be refunded to the purchaser.
- The only items not eligible for returns are customized pieces.
What are Uncommon Perks?
A. Uncommon Perks is a membership option that costs $19.90 a year. It comes with a host of benefits, including:
- Free standard shipping
- First access to new products, deals and sales
- Two $5 credits (can be used for six months)
Even better, when you have an Uncommon Perks membership, Uncommon Goods doubles its donation to nonprofit organizations with everything you order.
This annual membership renews automatically, with benefits that continue for as long as you’re a member.
Not sure if it’s the best option for you? Uncommon Goods offers a risk-free 30-day trial.
What is the best Uncommon Goods dinnerware to buy?
Top Uncommon Goods dinnerware
Handmade Wavy Speckled Dinnerware
What you need to know: These are great if you’re looking for dinnerware with a substantial, rustic feel that is anything but plain.
What you’ll love: They are made to order and come in generously sized dinner plates, side plates and bowls. Each piece is handmade and glazed with a neutral cream glaze, with a wavy edge and speckled detail for a one-of-a-kind finish.
What you should consider: These are very expensive, and they are not available as a set. Each piece is ordered individually.
Where to buy: Sold by Uncommon Goods
Top Uncommon Goods dinnerware for the money
Japanese Miso And Rice Bowl Set
What you need to know: This handmade set is a great option if you’re looking for unique pottery on a budget.
What you’ll love: This set of six bowls is perfect for rice, soups and even small desserts. Each bowl is 4.25 inches wide and 2.75 inches tall. Each is hand-glazed with an individual design.
What you should consider: They are too small to be used as cereal bowls.
Where to buy: Sold by Uncommon Goods
Worth checking out
Color Drip Handmade Dinnerware
What you need to know: These kiln-fired, vibrant sets add interest and movement to your tablescape.
What you’ll love: These are available in sets of four each of dinner plates, side plates, low bowls and small bowls. They are available in six glaze options and are handmade in Utah. They are safe in the microwave and the dishwasher.
What you should consider: There is no guarantee that the glaze option you choose will match the vision in your head. Select carefully.
Where to buy: Sold by Uncommon Goods
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Suzannah Kolbeck writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-uncommon-goods-dinnerware/ | 2022-05-20T17:10:13Z |
Teladoc stock plunges as the stay-at-home economy fizzles
By Paul R. La Monica, CNN Business
The huge pandemic boom for virtual health company Teladoc appears to be over.
More people are willing to leave home for doctor visits, and shares of Teladoc plunged more than 45% Thursday. The company warned of a weak sales outlook and higher costs in its earnings report after the closing bell Wednesday.
Teladoc, along with companies like Zoom, Roku and Chewy were major beneficiaries of the shelter-in-place economy during the height of Covid-19 fears in 2020 and the early part of last year. But all of these stocks have now plunged from record high levels.
Teladoc’s stock is down more than 67% this year — and 90% from its peak price in February 2021.
Increased competition is also a factor. Amazon has launched its own telehealth service and other Teladoc rivals are spending heavily on marketing to attract customers. That could be cutting into growth for Teladoc, but CEO Jason Gorevic told analysts that the platform is not going to engage in an ad spending war.
“We continue to take a disciplined approach,” Gorevic said when asked about marketing. “So we are not going to overspend our way through that and follow the lead of irrational competition.”
Gorevic noted that increased competition for telehealth services “has created noise in the marketplace” and that “in the near term we expect this noise to persist.” But he maintained that Teladoc can be the “long-term winner” in virtual health.
But it may take time for Teladoc to get back on track.
Gorevic conceded that as many American workers have begun to return to offices, corporate human resources departments “are getting squeezed … dealing with the Great Resignation and all of the hiring and allocating resources to talent acquisition and retention,” he said.
As a result, Gorevic said many companies are choosing to focus on existing health insurance plans for workers rather than expanding telehealth options from independent providers like Teladoc.
Wall Street is worried too. At least fifteen analysts slashed their price targets on Teladoc Wednesday and Thursday following the earnings report, according to data from Refinitiv.
One of those analysts, Citi’s Daniel Grosslight, wrote in a report Thursday that “increased competitive intensity is weighing on growth and margins” adding that “we are doubtful that we will see the competition-driven headwinds abate anytime soon.”
Teladoc’s plunge is also bad news for superstar investor Cathie Wood. The Ark Invest founder’s flagship fund is a major holder of Teladoc, Zoom and Roku as well as other hard hit momentum stocks such as Tesla, Coinbase and Square owner Block.
The Ark Innovation ETF fell 4% Thursday and has lost more than half its value this year.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/28/teladoc-stock-plunges-as-the-stay-at-home-economy-fizzles/ | 2022-04-28T18:02:36Z |
Carrier once again named on list for its continued investment in Diversity, Equity, and Inclusion
DALLAS, July 27, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) proudly receives more accolades for its continued commitment to making Southwest® a more diverse and inclusive organization, where Employees thrive, feel appreciated, valued, and have an authentic sense of belonging. For the fifth consecutive year, Forbes named Southwest Airlines® as one of America's Best Employers for Diversity in 2022.
"At Southwest, it takes every single one of us to serve our Customers throughout our network every day," said Juan Suarez, Vice President of Diversity, Equity, & Inclusion at Southwest Airlines. "Being named to this list is humbling and continues to motivate us to improve our diversity efforts across the Company and provide the best workplace for our Employees, which in turn helps us serve our Customers."
Forbes partnered with Statista to select 2022 America's Best Employers for Diversity through an independent survey from a sample of more than 60,000 American employees and pinpointed the companies they identified as most dedicated to diversity, equity, and inclusion (DEI). The list is compiled using four criteria areas including employees' opinions about their own workplace, other companies in their respective industry, diversity among top executives and board members, and diversity indicators within a company.
Southwest Airlines was also recently honored by the Disability:IN® Disability Equality Index with a score of 100 (perfect score) on its annual index. To learn more about the airline's commitment to creating a diverse, equitable, and inclusive workplace, visit the Southwest One Report and DEI Report.
Southwest Airlines is dedicated to attracting prospective candidates and retaining Employees—keeping this focus at the forefront of everything it does. It is all about a career with Heart and Purpose. Join the carrier's Talent Community to stay up to date on job opportunities from the Company with Heart.
ABOUT SOUTHWEST AIRLINES CO.
Southwest Airlines Co. operates one of the world's most admired and awarded airlines, offering its one-of-a-kind value and Hospitality at 121 airports across 11 countries. Having celebrated its 50th Anniversary in 2021, Southwest took flight in 1971 to democratize the sky through friendly, reliable, and low-cost air travel and now carries more air travelers flying nonstop within the United States than any other airline1. Based in Dallas and famous for an Employee-first corporate Culture, Southwest maintains an unprecedented record of no involuntary furloughs or layoffs in its history. By empowering its more than 61,0002 People to deliver unparalleled Hospitality, the maverick airline cherishes a passionate loyalty among as many as 130 million Customers carried a year. That formula for success brought industry-leading prosperity and 47 consecutive years3 of profitability for Southwest Shareholders (NYSE: LUV). Southwest leverages a unique legacy and mission to serve communities around the world including harnessing the power of its People and Purpose to put communities at the Heart of its success. Learn more by visiting Southwest.com/citizenship. Southwest is also continuing to develop tangible steps toward achieving carbon neutrality by 2050, including offering Customers an opportunity to help the airline offset its carbon emissions. To be part of the solution, visit Southwest.com/wannaoffsetcarbon.
1) U.S. Dept. of Transportation most recent reporting of domestic originating passengers boarded
2) Fulltime-equivalent active Employees
3) 1973-2019 annual profitability
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SOURCE Southwest Airlines Co. | https://www.kxii.com/prnewswire/2022/07/27/southwest-airlines-named-one-forbes-2022-best-employers-diversity-america-fifth-consecutive-year/ | 2022-07-27T15:45:07Z |
Brooklyn’s Playground will be closed Thursday for annual clean-up and repair
POCATELLO, Idaho (KIFI) - Portneuf Valley Partners and Leadership Pocatello – Chubbuck are teaming up for the annual clean-up and repair of Brooklyn’s Playground.
The clean-up team will be painting, repairing, planting flowers, spreading new bark, etc. to prepare for another season of safe, all-inclusive fun at O.K. Ward Park.
The park will be closed all day Thursday, May 12. O.K. Ward Park/ Brooklyn’s Playground is located at 1400 W. Quinn Road and Northern Lights Drive. | https://localnews8.com/news/pocatello/2022/05/12/brooklyns-playground-will-be-closed-thursday-for-annual-clean-up-and-repair/ | 2022-05-12T17:48:28Z |
Five Mattresses, Including Plank Firm and Midnight Luxe, Earn Prestigious Endorsement
PHOENIX, Aug. 10, 2022 /PRNewswire/ -- Brooklyn Bedding, manufacturer, retailer, and pioneer of the bed-in-a-box mattress, and Helix Sleep, the leading direct-to-consumer custom sleep brand, today announced that five mattresses have been endorsed by the American Chiropractic Association (ACA).
Brooklyn Bedding's Plank Firm and Plank Firm Luxe and Helix's Midnight Luxe, Twilight Luxe, and Plus were approved for endorsement following a thorough review, analysis, testing, and evaluation by a review board of Doctors of Chiropractic with specific and related expertise, including final approval from ACA's Board of Governors. The board reviewed and rated each mattress in several categories, including workmanship, ease of assembly, comfort, durability, and performance.
"We are honored to receive this endorsement from the ACA which represents the highest standard of quality in chiropractic care," said John Merwin, Chief Executive Officer of Brooklyn Bedding. "Having our products recognized by the ACA is a testament to Brooklyn Bedding and Helix Sleep's commitment to creating high-quality mattresses designed for optimal sleep health and comfort."
Brooklyn Bedding's Plank Firm and Plank Firm Luxe mattresses deliver an ultra-firm, flat, flippable surface, creating a neutral spine position that improves spine health and posture overall. Helix's best-selling Midnight Luxe offers the most versatile sleeping experience by using a unique combination of micro-coils and foam to cushion the pressure points in the shoulders and hips. The Twilight Luxe is the firmest of Helix's signature beds and provides uniquely tailored pressure relief and targeted ergonomic lumbar support to help with spine alignment and back pressure relief. Helix Plus, designed for plus-size sleepers, is built with high-density foam and an additional support layer for durability and longevity.
"A good mattress is an important factor in achieving quality sleep, which contributes to overall health and wellness," said Dr. Michele Maiers, President of the ACA. "The American Chiropractic Association is pleased to endorse several mattresses from Brooklyn Bedding and Helix Sleep, which are built on demand and feature premium workmanship and comfort."
For more information on Brooklyn Bedding and Plank Mattresses, please visit www.brooklynbedding.com or www.plankmattress.com. For more information on Helix Sleep, please visit www.helixsleep.com.
Brooklyn Bedding is an American made manufacturer of mattresses, differentiated by master craftsmanship, a wholly owned state-of-the art manufacturing facility and exceptional customer service. Family owned since 1995, the company originated with two brothers delivering mattress products direct to customers' homes. Known as the "mobile mattress guys," John and Rob Merwin evolved their business by learning every aspect of the mattress making process. They tenaciously used every material in their inventory to pass savings on to customers, purchasing high grade manufacturing equipment and pioneering bed-in-a-box online delivery in 2008.
Today, the company owns world class expertise in mattress engineering, achieved through meticulous attention to detail, cutting edge equipment and patented materials created with advanced technology. Brooklyn Bedding designs and creates its entire line of high-quality bedding, on demand, in its manufacturing facility in Arizona. Remaining true to its roots, the company still goes the extra mile to ensure customer satisfaction, offering its expertly crafted mattresses, sheets and pillows at an affordable price with free online shipping, a generous 120-day trial period, and a 10-year hassle free warranty period on mattresses.
Helix is an innovative direct-to-consumer brand platform, operating a portfolio of sleep and home goods brands. The company's flagship brand, Helix Sleep, launched in 2015 with the goal of bringing customization to the category through individually personalized mattresses for you, based on how you sleep. Each mattress is designed to your body type, sleeping position, and feel preference using our proprietary sleep technology. Birch by Helix launched in 2019 as the company's all-natural and sustainable sleep brand, with 100% organic certified products. The company launched Allform by Helix in 2020, representing the first step outside of the bedroom into the living room. Allform brings customization and modularity to the sofa category.
All of Helix's brands celebrate the power of personal preferences and individuality while focusing on outstanding product quality, having won countless independently reviewed awards. Headquartered in New York City, Helix offers free shipping directly to your doorstep, 100-night trial, and value-based pricing on all its products. Additional information on Helix and the company's products can be found by visiting us at www.helixsleep.com.
The American Chiropractic Association (ACA) is the largest professional chiropractic organization in the United States. ACA attracts the most principled and accomplished chiropractors, who understand that it takes more to be called an ACA chiropractor. We are leading our profession in the most constructive and far-reaching ways — by working hand in hand with other health care professionals, by lobbying for pro-chiropractic legislation and policies, by supporting meaningful research and by using that research to inform our treatment practices. We also provide professional and educational opportunities for all our members and are committed to being a positive and unifying force for the practice of modern chiropractic. To learn more, visit acatoday.org.
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SOURCE Brooklyn Bedding | https://www.mysuncoast.com/prnewswire/2022/08/10/brooklyn-bedding-amp-helix-sleep-receive-endorsements-american-chiropractic-association/ | 2022-08-10T14:02:21Z |
LAS VEGAS and RENO, Nev., July 1, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today announced the closing of the sale of the non-US assets of William Hill to 888 Holdings Plc. After the repayment of debt and other working capital adjustments, Caesars received net proceeds of $730 million. Caesars intends to use the net proceeds to reduce outstanding indebtedness.
Deutsche Bank and Linklaters LLP represented Caesars on the transaction.
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment company in the US and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-522-4700. For more information, please visit. www.caesars.com/corporate.
This press release includes forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words "anticipates," "assumes," "believes," "estimates," "expects," "guidance," "intends," "plans," "projects," and similar expressions that do not relate to historical matters. Forward-looking statements include all statements other than statements of historical fact, including statements regarding required regulatory approvals and expected timing of consummation of the proposed transaction. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond Caesars' control and could materially affect actual results, performance, or achievements. Although Caesars believes that in making such forward-looking statements its expectations are based upon reasonable assumptions, there is no assurance that the proposed transaction will be consummated, and such forward-looking statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. Caesars cannot assure you that the assumptions upon which these statements are based will prove to have been correct. Risks and uncertainties regarding the forward-looking statements contained herein include, but are not limited to, the possibility that the proposed sale of the non-US assets of William Hill to 888 Holdings Plc does not close on the terms or in the time period disclosed in this press release or at all, including because required regulatory or required approvals of shareholders of 888 Holdings Plc are not received or other conditions are not satisfied on a timely basis or at all, and other risks that are detailed from time to time in Caesars' filings with the Securities and Exchange Commission. Caesars does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.
Source: Caesars Entertainment, Inc.
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SOURCE Caesars Entertainment, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/01/caesars-entertainment-inc-completes-previously-announced-sale-william-hill-non-us-assets-888-holdings-plc/ | 2022-07-01T13:16:44Z |
SAN ANTONIO, July 22, 2022 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, has opened the Welcome Home Center and sales office for Crescent Hills. The 170-acre, 546-home masterplanned community sits just four miles from Lackland Air Force Base, offering Lennar's trademark quality at a competitive price. Home shoppers are encouraged to visit the community today and tour their 4 bed 2 bath model home. For more information, click here.
"Crescent Hills has something for everyone – from new homebuyers and growing families to those downsizing for a simpler lifestyle," said Lennar Division President Brian Barron. "Its location, close to Lackland Air Force Base, local recreational attractions, and metro San Antonio as a whole, makes it easy to build a life in this charming community."
Homes at Crescent Hills range from 925 to 1,874 square feet, with two to four bedrooms and one to two and a half baths. One- and two-story designs from Lennar's popular Stonehill, Cottage, Watermill and Belmar collections feature the latest home floorplans, offering generous living and kitchen spaces, and resort-style master suites. Pricing begins in the low $200,000s.
All homes come with Lennar's signature Everything's Included® program, where the homebuilder's most popular options and upgrades are built into the base price of the home. At Crescent Hills, this includes granite countertops and backsplashes, designer cabinetry, GE® stainless steel appliances, low-VOC interior paint and a host of other carefully curated interior touches and designer fixtures. The new homes will also include luxury vinyl flooring throughout, gas appliances, energy star certified tankless hot water heaters and 42" kitchen cabinets.
Residents of Crescent Hills will have exclusive access to a private community swimming pool with shaded structures for sunny afternoons. The location is also within close reach to numerous recreation spots, including Millers Pond, Pearsall Park, Salas Family Park and Sea World theme park.
For commuting residents, Crescent Hills is minutes from Interstates 410 and 35, providing direct access to the entire metro San Antonio market.
Children living at Crescent Hills will be served by the award-winning Southwest ISD School District, which prides itself in its wide range of college and career-ready programs.
The Crescent Hills Welcome Home Center and sales office is located at 6911 Solar Ridge, San Antonio, TX 78252. For more information, call (210) 393-8095 or visit the Crescent Hills Community Website or www.lennar.com.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit lennar.com.
Contact: Danielle Tocco
Vice President Communications
Lennar Corporation
Danielle.Tocco@Lennar.com
Direct Line: 949.789.1633
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SOURCE Lennar | https://www.kxii.com/prnewswire/2022/07/22/new-crescent-hills-community-brings-high-quality-lennar-design-an-affordable-price-san-antonios-lackland-air-force-base-market/ | 2022-07-22T13:15:16Z |
Massive Anime Fan Experience Includes THE GUNDAM BASE LOS ANGELES POP-UP, Franchise Showcases, Product Premieres, Exclusive Collectibles, Photo Ops, and Giveaways Plus Team Kamen Rider Showcase with Meet-Up, Guest Panel & Special Screening
ANAHEIM, Calif., June 29, 2022 /PRNewswire/ -- Bandai Namco Toys & Collectibles America ("BNTCA") is set to make U.S. anime industry history this July when it presents the largest-ever location-based entertainment experience at Anime Expo 2022. At this year's convention, BNTCA will offer a massive, immersive experience that not only cuts across the company's product portfolio but also features a collection of its top licensed properties. Fans can look forward to an array of experiences from BNTCA that ranges from special exhibits, displays, statues and life-sized photo ops to dioramas, souvenirs and event exclusives and more. In total BNTCA's location-based entertainment experience at Anime Expo 2022 spans over 10,000 square feet of exhibit space and encompasses five different booths (2602, 2406, 2606, 2211 and E6). BNTCA's showcase will include popular product brands such as Tamashii Nations, MegaHouse, Shokugan and fan-favorite franchises like One Piece, Gundam, Dragon Ball and Digimon. In addition, BNTCA will host a Team Kamen Rider showcase that includes a meet-up and guest panel as well as special screening of the new TV series "Fuuto PI." Attendees are invited to visit any and all of BNTCA's booths daily during regular show hours throughout Anime Expo 2022.
Details of BNTCA's Anime Expo 2022 line-up including promotional offers are as follow:
One Piece U.S.A. Tour | Booth 2602 – Exhibit Hall
- Launch Premiere of One Piece U.S.A. Tour, a multi-city tour celebrating the world of One Piece includes interactive experiences, displays and exhibits including over 60 products from Tamashii Nations, Bandai Hobby, MegaHouse and Banpresto.
- Event Exclusives. Select from this collection of event exclusives available for purchase:
- Online Exclusives. A collection of One Piece exclusives available on the Tamashii Web Shop:
- Products Available. Other products available for purchase include:
- Free Souvenirs. A variety of souvenirs will be offered including fan, badge ribbon, bandana, paper straw hat, Portrait of a Pirate MegaHouse booklet and "One Piece Film Red" bag while supplies last
THE GUNDAM BASE LOS ANGELES POP-UP | Booth 2406 – Exhibit Hall
- Special edition of THE GUNDAM BASE POP-UP Experience that brings THE GUNDAM BASE concept direct to fans and recreates elements from THE GUNDAM BASE Japan or in Japan.
- Event Exclusives. Select from over 100 model kits, including both event exclusives and THE GUNDAM BASE exclusives, available for purchase.
- Promotional Offer. Receive one of three different gifts with purchase while supplies last:
- Free Souvenir. Receive a limited edition THE GUNDAM BASE LOS ANGELES POP-UP sticker for completing a survey while supplies last.
- Ultimate Gundam Giveaway. Multiple winners will receive amazing Gundam prizes from Bandai Hobby, Tamashii Nations, MegaHouse and more! Visit the Contest Page for details.
Digimon & Kamen Rider Booth | Booth 2211 – Exhibit Hall
- From Digimon
- Digimon Devices (Digimon and X)
- Digimon NXEDGE Style
- Digimon Adventure Digicolle Mix
- From Kamen Rider
Tamashii Nations / MegaHouse / Shokugan Booth
- Curated Product Showcase from BNTCA brands Tamashii Nations, MegaHouse and Shokugan featuring such fan-favorite franchises as Dragon Ball, Demon Slayer, Naruto, Jujutsu Kaisen, Evangelion, Animal Crossing, Macross, Ultraman and more.
- From Tamashii Nations
- From MegaHouse and Shokugan
- Buy 2 trading figures and get 10% off
- Buy 4 trading figures and get 15% off
- Buy 6 trading figures and get 20% off
- Buy 10 trading figures and get 30% off
Team Kamen Rider Showcase
- Team Kamen Rider Meet-Up. Connect with team members before the panel.
Booth 2211 | Saturday, July 2 at 2:00pm - Panel: Kamen Rider – What's Next in the U.S. Hear about what's happening next with the Kamen Rider franchise in the U.S. with hosts Team Kamen Rider and BNTC and guest panelists: Director Yousuke Kabashima ("Fuuto PI"), Writer Brandon Easton ("Transformers: War for Cybertron"), plus Crunchyroll and Shout! Factory.
Room 403AB | Saturday, July 2 at 7:30pm - Special Screening of "Fuuto PI." Watch a special screening of the new anime series "Fuuto PI." Room 403AB | Saturday, July 2 immediately after the panel.
Follow BNTCA on Facebook, Twitter and Instagram for the latest news and information.
Bandai Namco Toys & Collectibles America Inc. is a leader in developing engaging, quality toys that capture children's and collector's imaginative spirit and provide endless "Fun For All into the Future." Bandai Namco Toys & Collectibles America is the manufacturer and master toy licensee of some of the most popular brands in collectibles, children's toys and entertainment today, including Gundam, Tamagotchi®, Dragon Ball®, Vital Hero, Anime Heroes®, Tamashii Nations®, Bandai Hobby and MegaHouse. BNTCA is proud to be the official distributor in the US for Storm Collectibles, Flame Toys, nanoblock®, and official Studio Ghibli merchandise. For more information, visit bandai.com.
All other trademarks are the property of their respective owners.
Bandai logo: TM & © 2022 Bandai Namco
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SOURCE Bandai Namco Toys & Collectibles America, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/29/bandai-namco-toys-amp-collectibles-america-launch-one-piece-usa-tour-part-largest-ever-location-based-entertainment-experience-anime-expo-2022/ | 2022-06-29T21:45:35Z |
LOS ANGELES (AP) — A judge on Thursday ruled that Kevin Spacey and his production companies must pay the makers of “House of Cards” nearly $31 million because of losses brought on by his 2017 firing for the sexual harassment of crew members.
The ruling from Los Angeles Superior Court Judge Mel Red Recana gives the force of law to the $30.9 award in favor of MRC and other companies that produced the Netflix series by a private arbitrator who heard the case against Spacey.
Recana wrote that Spacey and his attorneys “fail to demonstrate that this is even a close case” and “do not demonstrate that the damages award was so utterly irrational that it amounts to an arbitrary remaking of the parties’ contracts.”
“We are pleased with the court’s ruling,” MRC attorney Michael Kump said in an email to The Associated Press.
Spacey has denied the allegations through his attorneys and his spokesperson, who did not immediately respond to emails seeking comment.
The arbitrator found that Spacey violated his contract’s demands for professional behavior by “engaging certain conduct in connection with several crew members in each of the five seasons that he starred in and executive produced House of Cards,” according to a filing from Kump requesting the approval.
As a result, MRC had to fire Spacey, halt production of the show’s sixth season, rewrite it to remove Spacey’s central character, and shorten it from 13 to eight episodes to meet deadlines, resulting in tens of millions in losses, according to court documents.
Spacey’s attorneys argued in their own filings that the decision to exclude him from the show’s sixth season came before the internal investigation that led the crew members to come forward, and thus was not part of a contract breach. They argued that the actor’s actions were not a substantial factor in the show’s losses.
The ruling from the private arbitrator came after a legal fight of more than three years and an eight-day evidentiary hearing that was kept secret from the public, along with the rest of the dispute, until a panel of three more private arbitrators rejected Spacey’s appeal and upheld the decision in November.
The 63-year-old Oscar winner’s career came to an abrupt halt late in 2017 as the #MeToo movement gained momentum and allegations against him emerged from several places.
Spacey was fired or removed from projects, most notably “House of Cards,” the Netflix political thriller where for five seasons he played lead character Frank Underwood, a power-hungry congressman who becomes president.
Last month, Spacey pleaded not guilty in London to charges of sexually assaulting three men a decade or more ago, when he was director of the Old Vic theater there. His lawyer said he “strenuously denies” the allegations. He is set to face trial next year.
Another criminal case brought against him, an indecent assault and battery charge stemming from the alleged groping of an 18-year-old man at a Nantucket resort, was dismissed by Massachusetts prosecutors in 2019.
Spacey also faces lawsuits from other men, including actor Anthony Rapp.
___
Follow AP Entertainment Writer Andrew Dalton on Twitter: https://twitter.com/andyjamesdalton | https://cw33.com/entertainment-news/ap-entertainment/judge-kevin-spacey-must-pay-30m-to-house-of-cards-makers/ | 2022-08-05T13:12:01Z |
TORRANCE, Calif., July 12, 2022 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Tuesday, August 2, 2022 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the second quarter ended July 2, 2022. The results will be reported in a press release prior to the call.
CarParts.com, Inc. CEO David Meniane and CFO Ryan Lockwood will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call, please pre-register using this link. Registrants will receive a confirmation email with dial-in details.
The live webcast of the event can be accessed at www.carparts.com/investor/news-events.
A replay of the webcast will be archived on the Company's website at www.carparts.com/investor.
About CarParts.com, Inc.
With over 25 years of experience, and more than 50 million parts delivered, we've streamlined our website and sourcing network to better serve the way drivers get the parts they need. Utilizing the latest technologies and design principles, we've created an easy-to-use, mobile-friendly shopping experience that, alongside our own nationwide distribution network, cuts out the brick-and-mortar supply chain costs and provides quality parts at a budget-friendly price.
CarParts.com is headquartered in Torrance, California.
Investor Relations:
Ryan Lockwood
IR@carparts.com
Media Relations:
Sasha Trosman
strosman@carparts.com
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SOURCE CarParts.com, Inc. | https://www.wibw.com/prnewswire/2022/07/12/carpartscom-sets-second-quarter-2022-conference-call-tuesday-august-2-2022/ | 2022-07-12T21:12:29Z |
Inaugural BIG3 All-Star Game and 2022 Championship Game Tip Off at 4pm on CBS
LOS ANGELES, July 26, 2022 /PRNewswire/ -- Today, the BIG3 announced that the league's first-ever All-Star Game will be held ahead of the 2022 Championship Game at State Farm Arena in Atlanta, GA on August 21. Additionally, following last weekend's games, the bottom four teams have been mathematically eliminated from playoff contention. The remaining eight teams will battle out across the final two weeks of the regular season at Comerica Center in Frisco, TX, where the bottom two teams will also be eliminated from playoff contention each weekend. The final four teams will move on to the playoffs at Amalie Arena in Tampa, FL, to compete for a spot in the 2022 Championship Game. Top players and two coaches from each of the 10 teams not playing in the Championship Game will be selected to play in the All-Star Game.
"We are thrilled to be bringing the best of the best to compete in Atlanta, whether that be for the coveted Dr. J trophy or the title of BIG3 All-Star," said Chris Hannan, BIG3 CEO. "This has been our most competitive season yet with multiple 3-or-4-way tiebreakers deciding last week's standings. Ultimately, only one team can win, but fans will still be able to see their favorite players and coaches show off the best of their skills in Atlanta. Eliminating the bottom four teams will allow us to put on a tremendous show for our fans to close out the 2022 BIG3 season."
This announcement comes as the BIG3 continues to show tremendous growth in viewership throughout the league's fifth season. Last weekend's games on CBS averaged 508k viewers up 17% from Week 6 in 2021, and 13% higher than 2021 season average. With these schedule changes announced and the biggest games ahead, this season's ratings will deliver significant increases returning to pre-pandemic viewership.
Tickets for the remainder of the regular season can be purchased here. Tickets for playoffs and Championship/All-Star Game weekend will go on sale this Friday, July 29th." For more information, go to BIG3.com and follow @thebig3 on twitter and instagram.
BIG3 (BIG3.com) is where FIREBALL3 superstars play. The premier global BIG3 league features many of the greatest, most popular, and skilled professional athletes of all time. Founded by producer, actor, and music legend Ice Cube and entertainment executive Jeff Kwatinetz, the BIG3 combines highly competitive, physical, fast game experiences and incredible fan experiences.
MEDIA CONTACT:
Hannah Palacios, hpalacios@hstrategies.com
Gaby Moran, gmoran@hstrategies.com
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SOURCE BIG3 | https://www.kxii.com/prnewswire/2022/07/26/big3-announces-schedule-adjustments-remainder-2022-season-including-first-ever-big3-all-star-game-state-farm-arena-atlanta-august-21/ | 2022-07-27T00:23:38Z |
VISALIA, Calif., June 15, 2022 /PRNewswire/ -- Kaweah Health is the first in California using a new piece of technology, the SafeGait 360º Balance and Mobility Trainer® to help people who are learning to walk again after they've been injured. The integrated health system serving Central California has also debuted a 100-foot track for its patients – the longest track in the nation.
"It is providing hope in motion and allowing us to take our therapy, specifically our stroke rehab as we are a stroke specialty center, to the next level," said Tara Norman, Kaweah Health Therapy Supervisor.
The SafeGait 360º Balance and Mobility Trainer® is a ceiling-mounted dynamic body-weight support (BWS) and fall protection system. It promotes a safe, efficient therapy session to individuals with a variety of impairments as they practice walking, improve strength, and overcome balance concerns.
The purchase, made possible through the Kaweah Health Hospital Foundation's community fundraising efforts, is in use at Kaweah Health's Rehabilitation Hospital. There, physical therapists are using the track-and-harness system to increase patient confidence and reduce fears of falling as they learn to stand or walk again after a stroke, a spinal cord injury, multiple sclerosis, amputation, and other neurological or neurodegenerative diagnoses. This device tracks patients' movement, so physical therapists can make quick and safe adjustments, while letting patients learn to negotiate stairs, transfers, and floor exercises.
"This system has consistent tension on the patient which is going to allow them to start to be able to regain balance themselves," Norman said.
The road to recovery can be long, but data can give patients hope, said Ruth Toews, Therapy Manager. "We have to help them understand those small changes amount to larger changes down the road," she said.
Physical therapists, too, are benefitting from this equipment, as they are less likely to be hurt catching a fall, which gives them the opportunity to expand their intervention strategies. They no longer have to be on guard for falls, the most likely time for work-related injury to occur. This also means fewer staff are needed to work with one patient, which opens opportunities for other patients. Data provided by the system is also be available to help physical therapists evaluate patient treatment plans.
Kaweah Health is a publicly-owned community healthcare organization that provides comprehensive health services to the greater Visalia region and Tulare County. Visit www.kaweahhealth.org.
CONTACT: Laura Florez-McCusker, lflorez@kdhcd.org
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SOURCE Kaweah Health | https://www.kxii.com/prnewswire/2022/06/16/kaweah-health-unveils-first-safegait-360-balance-mobility-trainer-california/ | 2022-06-16T04:24:01Z |
Mullin wins US Senate GOP runoff in deep-red Oklahoma
OKLAHOMA CITY (AP) — U.S. Rep. Markwayne Mullin won Tuesday’s GOP primary runoff for one of Oklahoma’s U.S. Senate seats, making him a likely favorite to win the seat U.S. Sen. Jim Inhofe is leaving early after nearly 30 years in office.
Mullin, a citizen of the Cherokee Nation, defeated former Speaker of the Oklahoma House and banking executive T.W. Shannon after the two advanced from a 13-candidate Republican primary field in June. Because Inhofe is retiring early, Mullin will serve the remaining four years left on Inhofe’s term.
Mullin, who topped the primary field with nearly 44% of the vote, earned former President Donald Trump’s endorsement shortly after the primary.
Mullin and Shannon were both seeking to replace Inhofe, a fixture in Republican politics in Oklahoma since the 1960s who has held the U.S. Senate seat since being elected in 1994.
Mullin will be heavily favored in November’s general election against former Democratic U.S. Rep. Kendra Horn, along with an independent and a Libertarian. Oklahoma hasn’t elected a Democrat to the U.S. Senate in more than 30 years.
In a state where nearly 10% of the population identifies as American Indian, both Mullin and Shannon are members of Native American tribes — Mullin a Cherokee citizen and Shannon, who is also African American, a citizen of the Chickasaw Nation.
Campaign finance reports show that Mullin raised about $3.6 million, which is nearly three times the $1.3 million that Shannon reported he raised.
In campaign ads and on the stump, both men touted their positions on hot-button issues and vowed to fight President Joe Biden’s policy agenda. Shannon launched an anti-abortion ad in which he labeled Planned Parenthood the “true face of white supremacy,” while Mullin in an ad featuring two of his own children and a montage of transgender collegiate swimmer Lia Thomas, said: “Democrats can’t even tell us what a woman is.”
Also on Tuesday, in the Democratic primary runoff for Oklahoma’s other U.S. Senate seat, cybersecurity expert Madison Horn defeated Jason Bollinger, an Oklahoma City attorney. Horn, who is not related to Kendra Horn, will face incumbent Republican U.S. Sen. James Lankford, who will be the heavy favorite in November, along with a Republican and an independent.
In the race for an open U.S. House seat in eastern Oklahoma, Republicans Josh Brecheen, a former state senator from Coalgate, and state Rep. Avery Frix, of Muskogee, face off in the GOP runoff after emerging as the top two candidates in June’s 14-candidate primary. The winner will face Democrat Naomi Andrews, of Tulsa, and independent Ben Robinson, of Muskogee, in November.
Also on the ballot Tuesday will be Republican primary runoffs for several statewide offices, including state superintendent of public instruction, state treasurer, labor commissioner and corporation commissioner.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/24/mullin-wins-us-senate-gop-runoff-deep-red-oklahoma/ | 2022-08-24T01:47:28Z |
LAS VEGAS, June 17, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the Jefferies Global Consumer Conference on Monday, June 20, 2022. MGM Resorts CFO Jonathan Halkyard will speak in a session that will be available at 8 a.m. EDT. The webcast will be available under the Events & Presentation section of the MGM Investor Relations website at http://investors.mgmresorts.com
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 33 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.
MGM RESORTS CONTACTS
Investment Community:
ANDREW CHAPMAN, Director of Investor Relations
(702) 693-8711, achapman@mgmresorts.com
News Media:
BRIAN AHERN, Executive Director of Communications
media@mgmresorts.com
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SOURCE MGM Resorts International | https://www.kxii.com/prnewswire/2022/06/17/mgm-resorts-international-cfo-speak-jefferies-global-consumer-conference/ | 2022-06-17T13:57:28Z |
BEIJING, June 17, 2022 /PRNewswire/ -- Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE: JT), a leading independent open platform for the discovery and recommendation of financial products in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.
First Quarter 2022 Operational and Financial Highlights:
- The credit card volume and number of domestic loan applications for recommendation services respectively increased by 28.6% to approximately 0.9 million and 77.3% to approximately 3.9 million in the first quarter of 2022 compared with the same period of 2021. As a result, total revenues from recommendation services for the first quarter of 2022 increased by 35.6% to RMB144.1 million (US$22.7 million) from RMB106.3 million in the same period of 2021.
- Revenues from big data and system-based risk management services decreased by 24.9% to RMB20.2 million (US$3.2 million) in the first quarter of 2022 from RMB26.9 million in the same period of 2021. The decrease was mainly attributable to a decrease in the number of overseas paying customers.
- Revenues from advertising and marketing services and other services increased by 248.4% to RMB43.2 million (US$6.8 million) in the first quarter of 2022 from RMB12.4 million in the same period of 2021. The increase was mainly attributable to the growth of insurance brokerage services and initiatives of other new businesses.
- Loss from operations was RMB54.6 million (US$8.6 million) in the first quarter of 2022, compared with RMB67.1 million in the same period of 2021. Operating loss margin was 26.3% in the first quarter of 2022, compared with 46.1% in the same period of 2021. The decrease in loss from operations was mainly attributable to an increase in revenue and a decrease in operating expenses resulting from efficiency improvements and cost optimization.
- Net loss was RMB53.0 million (US$8.4 million) in the first quarter of 2022, compared with RMB51.3 million in the same period of 2021. Net loss margin was 25.6% in the first quarter of 2022 compared with 35.3% in the same period of 2021.
- Non-GAAP adjusted net loss1 was RMB50.7 million (US$8.0 million) in the first quarter of 2022, compared with Non-GAAP adjusted net loss1 of RMB49.4 million in the same period of 2021. Non-GAAP adjusted net loss margin1 was 24.4% in the first quarter of 2022, compared with 33.9% in the same period of 2021.
Mr. David Ye, Co-founder, Chairman and Chief Executive Officer of Jianpu, commented, "We have delivered another strong quarter of growth with total revenues up 42.6% year-over-year despite the challenging macro environment and the resurgence of COVID-19 in China. We concluded the quarter with a more diversified and balanced revenue structure, thanks to the growing revenue contribution from our new business initiatives that continued the success in deploying our omni-channel marketing solutions towards non-financial services categories. With the recovery of our business, we also see greater economies of scale with a clear trend of improvements in operational efficiency. We have also further enhanced our capabilities to enable the digital transformation of the financial industry and other industries, demonstrated by our channel expansion and integration to target a more diversified user base and our increasing strategic cooperations with ecosystem partners."
"Despite the ongoing uncertainties around the ongoing COVID-related lockdowns in China, we continue to be encouraged by broader policy support and remain very confident about the future development of the digital economy and the opportunities it brings us. We will continue our efforts to empower financial institutions' digital transformation and support the development of China's digital economy. We believe the groundwork we have laid and our investments in digital transformation solutions will ultimately deliver greater value to the Company and its shareholders," concluded Mr. Ye.
"Our first-quarter results reflect our persistent efforts in business development and disciplined cost control. Our revenues from recommendation services increased by 35.6% year-over-year, and revenues from advertising, marketing services and other services was up 248.4% year-over-year. We also further optimized our cost structure and improved the productivity of our businesses. As a result, our operating losses decreased by 18.6% year-over-year, and net loss margin further improved by 9.7 percentage points and Non-GAAP adjusted net loss margin1 improved by 9.5 percentage points compared with the same period in 2021. We will continue to implement our cost optimization measures and strive a balance between growth and efficiency," said Oscar Chen, Chief Financial Officer of Jianpu.
First Quarter 2022 Financial Results
Total revenues for the first quarter of 2022 increased by 42.6% to RMB207.6 million (US$32.7 million) from RMB145.6 million in the same period of 2021.
Total revenues from recommendation services increased by 35.6% to RMB144.1 million (US$22.7 million) in the first quarter of 2022 from RMB106.3 million in the same period of 2021.
Revenues from recommendation services for credit cards increased by 24.8% to RMB97.6 million (US$15.4 million) in the first quarter of 2022 from RMB78.2 million in the same period of 2021. Credit card volumes in the first quarter of 2022 and 2021 were approximately 0.9 million and 0.7 million, respectively. The average fee per credit card increased to RMB110.0 (US$17.4) in the first quarter of 2022 from RMB109.8 in the same period of 2021.
Revenues from recommendation services for loans increased by 65.8% to RMB46.6 million (US$7.3 million) in the first quarter of 2022 from RMB28.1 million in the same period of 2021, primarily due to an increase in the number of loan applications on the Company's platform. The number of domestic loan applications on the Company's platform was approximately 3.9 million in the first quarter of 2022, representing a 77.3% increase from that in the same period of 2021. The average fee per domestic loan application increased to RMB11.6 (US$1.8) in the first quarter of 2022 from RMB11.2 in the same period of 2021. The recommendation revenue of loans generated from overseas markets accounted for 2.4% of total loan recommendation revenues in the first quarter of 2022, less than such contribution percentage in the same period of 2021.
Revenues from big data and system-based risk management services decreased by 24.9% to RMB20.2 million (US$3.2 million) in the first quarter of 2022 from RMB26.9 million in the same period of 2021, primarily due to a decrease in the number of overseas paying customers in the first quarter of 2022 compared with the same period in 2021.
Revenues from advertising and marketing services and other services increased by 248.4% to RMB43.2 million (US$6.8 million) in the first quarter of 2022 from RMB12.4 million in the same period of 2021, primarily due to the growth of the Company's insurance brokerage services and initiatives of other new businesses.
Cost of promotion and acquisition2 increased by 63.2% to RMB149.5 million (US$23.6 million) in the first quarter of 2022 from RMB91.6 million in the same period of 2021. The increase was in line with the growth of the Company's revenues from recommendation services and advertising and marketing services and other services.
Cost of operation increased by 8.8% to RMB18.5 million (US$2.9 million) in the first quarter of 2022 from RMB17.0 million in the same period of 2021. The increase was primarily attributable to an increase in software development and maintenance costs and data acquisition costs related to the big data and system-based risk management services, partially offset by a decrease in depreciation expenses.
Sales and marketing expenses decreased by 8.6% to RMB33.9 million (US$5.3 million) in the first quarter of 2022 from RMB37.1 million in the same period of 2021. The decrease was primarily due to a decrease in payroll expenses, partially offset by an increase in call center outsourcing expenses.
Research and development expenses decreased by 19.2% to RMB29.8 million (US$4.7 million) in the first quarter of 2022 from RMB36.9 million in the same period of 2021, primarily due to a decrease in payroll expenses resulting from the Company's continued efforts in cost optimization.
General and administrative expenses slightly increased by 1.3% to RMB30.5 million (US$4.8 million) in the first quarter of 2022 from RMB30.1 million in the same period of 2021, primarily due to an increase in credit loss and payroll expenses, partially offset by a decrease in professional fees.
Loss from operations was RMB54.6 million (US$8.6 million) in the first quarter of 2022, compared with RMB67.1 million in the same period of 2021. Operating loss margin was 26.3% in the first quarter of 2022, compared with 46.1% in the same period of 2021. The decrease in operating loss was mainly attributable to an increase in revenues and a decrease in operating expenses resulting from efficiency improvements and cost optimization.
Others, net decreased by 83.2% to RMB2.8 million (US$0.4 million) in the first quarter of 2022 from RMB16.7 million in the same period of 2021. This was primarily due to the realized investment gain of RMB14.7 million from the Company's investment in Conflux Global, a decentralized applications blockchain solution provider, in the same period of 2021. There is no such gain in the first quarter of 2022.
Net loss was RMB53.0 million (US$8.4 million) in the first quarter of 2022 compared with RMB51.3 million in the same period of 2021. Net loss margin was 25.6% in the first quarter of 2022, compared with 35.3% in the same period of 2021.
Non-GAAP adjusted net loss1 , which excluded share-based compensation expenses from net loss, was RMB50.7 million (US$8.0 million) in the first quarter of 2022, compared with RMB49.4 million in the same period of 2021. Non-GAAP adjusted net loss margin1 was 24.4% in the first quarter of 2022, compared with 33.9% in the same period of 2021.
Non-GAAP adjusted EBITDA3, which excluded share-based compensation expenses, depreciation and amortization, net interest expenses and income tax benefits from net loss, for the first quarter of 2022 was a loss of RMB48.1 million (US$7.6 million), compared with a loss of RMB45.1 million in the same period of 2021.
As of March 31, 2022, the Company had cash and cash equivalents, time deposits, restricted cash and time deposits and short-term investment of RMB685.8 million (US$108.2 million), and working capital of approximately RMB372.3 million (US$58.7 million). Compared to those as of December 31, 2021, cash and cash equivalents, time deposits, restricted cash and time deposits and short-term investment decreased by RMB77.0 million, which was primarily attributable to an increase in net cash used in operating activities.
Subsequent Event
In June 2022, the Company, upon the approval of its Board of Directors, entered into a series of agreements with other minority shareholders of Databook Tech Ltd. ("Databook"). Databook is a subsidiary of the Company and the investment holding company of its subsidiaries and variable interest entity (collectively as "Databook Group"). The business of Databook had been suspended since late 2019. Databook proposed a cash distribution to its shareholders, through which the Company expects to receive a portion of the cash distribution proportionate to its equity interest in Databook. Databook also proposed to issue additional shares to one minority shareholder and change the Company's board seat in Databook to one director. The Company will consequently become a minority shareholder of Databook and no longer have control over the Databook Group after the aforementioned cash distribution, issuance of additional shares and change to the board composition, which are expected to be completed in fiscal year 2022.
Conference Call
The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on June 17, 2022 (8:00 PM Beijing/Hong Kong Time on June 17, 2022).
Dial-in details for the earnings conference call are as follows:
Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for "Jianpu Technology Inc."
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.jianpu.ai.
A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until June 24, 2022, by dialing the following telephone numbers:
About Jianpu Technology Inc.
Jianpu Technology Inc. is a leading independent open platform for the discovery and recommendation of financial products in China. The Company connects users with financial service providers in a convenient, efficient, and secure way. By leveraging its proprietary technology, Jianpu provides users with customized search results and recommendations tailored to each user's particular financial needs and profile. The Company also enables financial service providers with sales and marketing solutions to reach and serve their target customers more effectively through integrated channels and enhance their competitiveness by providing them with tailored data, risk management services and solutions. The Company is committed to maintaining an independent open platform, which allows it to serve the needs of users and financial service providers impartially. For more information, please visit http://ir.jianpu.ai.
Use of Non-GAAP Financial Measures
The Company uses adjusted EBITDA and adjusted net (loss)/income, each a Non-GAAP financial measure, in evaluating its operating results and for financial and operational decision-making purposes.
The Company believes that adjusted EBITDA and adjusted net (loss)/income help identify underlying trends in its business that could otherwise be distorted by the effect of the expenses and gains that the Company includes in (loss)/income from operations and net (loss)/income. The Company believes that adjusted EBITDA and adjusted net (loss)/income provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects and allow for greater visibility with respect to key metrics used by its management in its financial and operational decision-making.
Adjusted EBITDA and adjusted net (loss)/income should not be considered in isolation or construed as alternatives to net (loss)/income or any other measure of performance or as indicators of the Company's operating performance. Investors are encouraged to review the historical Non-GAAP financial measures to the most directly comparable GAAP measures. Adjusted EBITDA and adjusted net (loss)/income presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company's data. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
Adjusted EBITDA represents EBITDA before share-based compensation expenses. EBITDA represents net (loss)/income before interest, tax, depreciation and amortization.
Adjusted net (loss)/income represents net (loss)/income before share-based compensation expenses.
For more information on this Non-GAAP financial measure, please see the table captioned "Unaudited Reconciliations of GAAP and Non-GAAP results" set forth at the end of this press release.
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," "confident" and similar statements. Statements that are not historical facts, including statements about the Company'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: the Company's goals and strategies; the Company's future business development, financial condition and results of operations; the Company's expectations regarding demand for, and market acceptance of, its solutions and services; the Company's expectations regarding keeping and strengthening its relationships with users, financial service providers and other parties it collaborates with; trends, competition and regulatory policies relating to the industries the Company operates in; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company'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 the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Jianpu Technology Inc.
(IR)Oscar Chen, E-mail: IR@rong360.com
(PR)Amanda Hu, E-mail: Media@rong360.com
Tel: +86 (10) 6242 7068
Christensen Advisory
Suri Cheng, E-mail: scheng@christensenir.com
Tel: +86 185 0060 8364
Anthony Cheong, E-mail: acheong@christensenir.com
Tel: +852 2232 3922
In US:
Christensen Advisory
Linda Bergkamp, E-mail: lbergkamp@christensenir.com
Tel: +1 480 353 6648
View original content:
SOURCE Jianpu Technology Inc. | https://www.wibw.com/prnewswire/2022/06/17/jianpu-technology-inc-reports-first-quarter-2022-unaudited-financial-results/ | 2022-06-17T11:48:06Z |
TruHearing Survey Reveals High Interest and Need Around Hearing Benefits Despite Infrequent Offering
DRAPER, Utah, Sept. 13, 2022 /PRNewswire/ -- Health benefits are one of the most attractive offerings an employer can provide, but they often fail to provide enough coverage to meet employee needs and expectations. Dental and vision benefits are typically considered table stakes by employees, with newer health offerings growing in popularity, but for those with hearing loss, coverage can be much harder to find.
In a recent national survey1 conducted by TruHearing, the market leader in hearing healthcare benefits, more than four in 10 (42%) employees surveyed reported hearing loss. Despite this, only 25% report they are offered hearing benefits by their employer, a rate significantly lower than vision benefits (66%) -- as well as dental benefits (71%), wellness programs (43%) and employee assistance programs (46%).
"As someone with hearing loss myself, I know how important it is for employees to be able to access necessary hearing healthcare," said Cammie Taylor, JD, SPHR, SHRM-SCP - Human Resources Director, TruHearing. "It would be unimaginable to assume employees could work productively without glasses to improve vision, or dental care to treat a toothache. If more employers understood how critical hearing healthcare is for their employees to flourish, I'm sure we'd see offerings increase."
Among those with hearing loss, an overwhelming 96% indicate hearing is important for them to effectively do their job, yet only 5% of employees have pursued treatment. When hearing loss goes untreated it can lead to self-isolation, decreased workplace productivity and low morale. The right treatment can make a major difference, however, with 78% of employees who wear hearing aids reporting that they felt more included at work after pursuing treatment.
In addition to enhanced productivity and inclusion, offering hearing healthcare coverage can increase positive perceptions of a company among its employees. While supplemental benefits are growing in popularity, even among those with no hearing loss, almost half (47%) of employees rated hearing benefits as more important than less health-oriented benefits, such as pet insurance (18%), legal counseling (31%) or identity theft monitoring (23%).1
"Providing employees with access to the hearing care they need is a powerful way to 'walk the walk' in encouraging inclusion and ensuring that employees are not left behind by the benefits being offered," said Taylor.
For more information, visit: https://www.truhearing.com/brokers-consultants/.
TruHearing is the #1 market share leader in hearing healthcare benefits serving more than 160 million people and over 300 partners nationwide. With more than 18 years of experience, TruHearing has the expertise to create industry-leading hearing healthcare solutions customized to match the unique needs of any organization or market segment. Guided by a goal to reconnect people to the richness of life, TruHearing has developed the largest, high-quality provider network offering the most technologically advanced hearing aid selection. TruHearing delivers superlative value to ensure payers and their members receive a flawless experience every step of the way. Headquartered in Draper, Utah, TruHearing has been recognized as a "Top Workplace" in the state for six consecutive years.
1 Online survey conducted by TruHearing in March 2022 including 600 U.S. full- and part-time employees ages 25-64, and 204 people within TruHearing's consumer database. Answers were segmented by those who do not have hearing loss; those who suspect hearing loss but have not sought treatment; those with confirmed hearing loss but do not wear hearing aids; and those who currently wear hearing aids.
Contact:
Therese Burke
tburke@gatesmanagency.com
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SOURCE TruHearing | https://www.kxii.com/prnewswire/2022/09/13/employees-note-disparity-hearing-benefits-lag-behind-dental-vision/ | 2022-09-13T14:09:57Z |
Bill Allows Medicare to Negotiate Lower Drug Prices and Caps Out-of-Pocket Spending on Medications for Seniors
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Earlier today the House voted to pass the Inflation Reduction Act of 2022, a bill that includes several key provisions to lower the prices of prescription drugs. AARP New York thanks Representatives Tom Suozzi (NY3), Kathleen Rice (NY4), Gregory Meeks (NY5), Grace Meng (NY6), Nydia Velazquez (NY7), Hakeem Jeffries (NY8), Yvette Clarke (NY9), Jerry Nadler (NY10), Carolyn Maloney (NY12), Adriano Espaillat (NY13), Alexandra Ocasio-Cortez (NY14), Ritchie Torres (NY15), Jamaal Bowman (NY16), Mondaire Jones (NY17), Sean Patrick Maloney (NY18), Paul Tonko (NY20), Joe Morelle (NY25) and Brian Higgins (NY26) for supporting this critical legislation that will bring real relief for seniors. The bill now goes to President Biden for his signature.
The Inflation Reduction Act includes key AARP priorities that will go a long way to lower drug prices and out-of-pocket costs. AARP fought for provisions in the bill that will:
- Finally allow Medicare to negotiate the price of drugs
- Cap annual out-of-pocket prescription drug costs in Medicare Part D ($2,000 in 2025)
- Hold drug companies accountable when they increase drug prices faster than the rate of inflation, and
- Cap co-pays for insulin to no more than $35 per month in Medicare Part D.
Jo Ann Jenkins, AARP Chief Executive Officer, issued a statement reacting to the House vote:
"Today is a momentous day for older Americans. By passing the Inflation Reduction Act, Congress has made good on decades of promises to lower the price of prescription drugs. Seniors should never have to choose between paying for needed medicine or other necessities like food or rent, and tens of millions of adults in Medicare drug plans will soon have peace of mind knowing their out-of-pocket expenses are limited every year.
"Many people said this couldn't be done, but AARP isn't afraid of a hard fight. We kept up the pressure, and now, for the first time, Medicare will be able to negotiate with drug companies for lower prices, saving seniors money on their medications.
"I thank the House members whose votes today will bring real relief to millions of Americans, and I look forward to President Biden signing this bill into law."
Follow us on Twitter: @AARPNY and Facebook: AARP New York
AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org, www.aarp.org/espanol or follow @AARP, @AARPenEspanol and @AARPadvocates, @AliadosAdelante on social media.
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SOURCE AARP New York | https://www.mysuncoast.com/prnewswire/2022/08/12/aarp-ny-thanks-members-new-york-house-delegation-historic-vote-toward-real-relief-prescription-drug-pricing/ | 2022-08-12T23:42:13Z |
TAMPA, Fla., July 20, 2022 /PRNewswire/ -- Seafarer Exploration Corp. (OTCQB: SFRX) announced today the construction of the second-generation SeaSearcher platform focused on deeper water and multi-mode exploration. The upgraded design, which has a wider path of metal discrimination and 3D imaging, is more streamlined and rugged. It is designed to operate in both autonomous and towfish modes with in-field change out for high current sites. It will be an industry-leading device that integrates sub-bottom imaging, side-scan sonar, precision MEMS differential magnetometer array/direction finder, video recording, and metal discrimination on a single platform. All sensors will feed back to the SeaSearcher control panel to be displayed or processed by the machine learning algorithms. These changes will allow the second-generation SeaSearcher to cover more ground in a shorter time while continuing to produce results in real-time.
Kyle Kennedy, CEO of Seafarer, stated, "We have been impressed with the open water tests and live field tests on the Melbourne Beach Area 2 Ring Site where we have been working under an exploration permit from the Florida Division of Historic Resources (DHR). While the SeaSearcher did not see any gold or silver on its initial scan of the Ring Site, it did identify numerous materials including brass, iron, copper, aluminum, lead, and stainless steel."
"Our confidence increases with every area or site we scan with the SeaSearcher. Because the SeaSearcher is based on AI machine learning algorithms, the more it's used, the more its learning base grows. The more it learns, combined with known training sets, the more its abilities increase and the more it focuses our efforts towards high-precision, surgical archaeology. So, the process is working."
"We are now using the SeaSearcher, as weather permits, to scan several other shipwreck sites of interest. We have part of a shipwreck in Melbourne Beach Area 1 that we call the HTQ site. Additionally, we have pieces of what appears to be a shipwreck trail that is potentially from a historic sunken fleet, though a more thorough inspection of diagnostic artifacts must be completed to fully determine its origin. We have located several shipwreck sites that are beyond the nautical three-mile mark which all need to be scanned by the SeaSearcher. We are excited to scan the Juno Beach Admiralty Arrest site, where previously-conducted survey data was withheld from us by two different entities for the past 14 years. We have found the Juno Beach site has a large and thick teredo crust in the vicinity of the ballast pile that previous salvors assumed was the seabed. Obviously, the crew is anxious to use the SeaSearcher to scan the crust and see what lies beneath it."
Mr. Kennedy concluded, "There are also treasure salvors, both domestic and abroad, who would like to lease the SeaSearcher for use on their shipwreck sites. With all of these sites in our immediate and near future, we have plenty to keep us busy. I believe our shareholders will enjoy and appreciate seeing our technological advances and future finds. All of this professional work bodes well for our newly initiated media endeavor."
Seafarer Exploration Corp. is a publicly traded underwater exploration and technology company traded under the symbol SFRX. The principal business of the company is to develop the infrastructure and technology necessary to engage in the archaeologically-sensitive research, documentation, exploration, recovery, and conservation of historic shipwrecks. The company has secured multiple sites it believes contain historic and valuable shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks. Seafarer employs scientists and historians and is committed to preserving the cultural and historical significance of every wreck it finds. www.seafarercorp.com.
The press release may include certain statements that are not descriptions of historical facts but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as ''may,'' ''expects," ''believes,'' ''anticipates,'' ''intends,'' ''projects," or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that was reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectation and actual results may vary (perhaps materially) from certain of the results anticipated herein.
Facebook: https://www.facebook.com/SeafarerCorp
Instagram: https://www.instagram.com/seafarercorp/
YouTube: https://www.youtube.com/c/SeafarerExplorationCorporation1
Twitter: https://twitter.com/SeafarerCorp
LinkedIn: https://www.linkedin.com/company/seafarercorp
Media Contact:
Kyle Kennedy
(813) 448-3577
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SOURCE Seafarer Exploration Corp. | https://www.kxii.com/prnewswire/2022/07/20/seafarer-announces-second-generation-seasearcher/ | 2022-07-20T14:06:44Z |
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the adoption of commercial electric vehicles (EV), today announced that, as expected, the Company received an additional notice of non-compliance from the Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") due to the Company's failure to timely file the Form 10-Q for the quarter ended June 30, 2022 with the Securities and Exchange Commission (the "SEC"), as required by Nasdaq Listing Rule 5250(c)(1). As previously disclosed, the Company earlier received notices from Nasdaq regarding its non-compliance with the Rule with respect to the Forms 10-K and 10-Q for the fiscal year ended December 31, 2021, and quarter ended March 31, 2022, respectively. The Company plans to regain compliance with the filing requirement by no later than September 12, 2022, which is the deadline in order to remain compliant with Nasdaq requirements. In the event that such deadline is not met then the Company will apply to Nasdaq for a hearing panel.
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the completeness of solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com.
This press release contains certain statements that may include "forward-looking statements". All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties, and include statements regarding the Company's plans to provide the Staff with an update regarding its compliance efforts and its plan to regain compliance with the filing requirement by no later than September 12, 2022. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements in this press release are expressly qualified in their entirety by these risk factors in our most recent Form 10-K and Form 10-Q filed with the SEC, and similar disclosures in subsequent reports filed with the SEC, which are available on the SEC website at www.sec.gov. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Contacts
Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116 New York, NY 10018.
Email: ir@ideanomics.com
Malory Van Guilder, Skyya PR for Ideanomics
malory@skyya.com
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SOURCE Ideanomics | https://www.mysuncoast.com/prnewswire/2022/08/12/ideanomics-receives-anticipated-notice-additional-filing-delinquency-nasdaq/ | 2022-08-12T22:17:27Z |
WARSAW, Poland (AP) — Zofia Posmysz, a Polish World War II-era resistance fighter who survived the Auschwitz and Ravensbrück concentration camps and later became a journalist and novelist, has died at 98.
The Auschwitz-Birkenau state memorial museum said Posmysz died Monday in a hospice in Oświęcim, the southern Polish town where Auschwitz was located during Nazi Germany’s wartime occupation of Poland.
She would have turned 99 in two weeks.
Posmysz, a Roman Catholic Pole, was born on Aug. 23, 1923, in Krakow.
She was 18 when she was arrested in 1942 for her association with the Polish resistance in Krakow. After spending more than two years at the Auschwitz death camp, she was deported to Ravensbrück and then later to Neustadt-Glewe, where she was liberated at war’s end in 1945, the Auschwitz memorial said.
She returned to Poland after the war, working as a journalist, including for Polish radio, and writing several novels. Her most famous work was titled “The Passenger,” a novel that she first wrote as a radio play titled “the Passenger in Cabin 45.” It tells the story of an Auschwitz survivor who meets her former concentration camp guard on a ship voyage, and was the basis of a film and an opera.
In 2006, she was among the former prisoners who welcomed the German-born Pope Benedict XVI to the former Auschwitz camp. | https://cw33.com/entertainment-news/ap-entertainment/polish-auschwitz-survivor-novelist-zofia-posmysz-dies-at-98/ | 2022-08-09T10:26:06Z |
The Brand is Investing in the Next Wave of Industry Farmers Through its Continued Partnership with the National FFA Organization, Kicking Off This Year's Tour with a $74,000 Donation
SMITHFIELD, Va., Sept. 9, 2022 /PRNewswire/ -- Since day one, Farmland® has worked with local farmers and their families in America's heartland to provide customers with food they can trust and feel good about. To invest in the future of the agricultural industry and show appreciation for the honest work, day in and day out, in Midwest farming communities, Farmland launched year two of its Honoring the Heartland Tour. The 12-week mission is highlighting the fundamental role the region plays by providing monetary donations to support the next generation of farmers and delivering "grab-n-go" meals to those working in the agriculture industry, farming communities, and grocery/retail establishments. During the first year of the truck tour, Farmland served over 11,000 meals to proud Midwest residents and donated more than 160,000 servings of protein to benefit the Omaha, Nebraska, community.
Since July, the Farmland Honoring the Heartland Tour food truck has been making two to three stops per week in various locations rooted in Midwestern neighborhoods. In addition to distributing meals, Farmland will continue its partnership with the National FFA Organization to assist in its vision to grow leaders, build communities and strengthen agriculture at the local, state, and national levels. Throughout the remainder of the tour, Farmland will be donating a total of $150,000 to the National FFA Organization and local FFA chapters, beginning today with a $65,000 donation to the National FFA Organization and a $9,000 donation to the local Kansas FFA Association. Today's donation event took place at the Kansas State Fair, where Farmland's food truck also made an appearance to supply samples to attendees.
"At Farmland, we're constantly inspired by the organizations, communities, and individuals across the Midwest who play a fundamental role in our food supply," said Jessica Scarlett, senior associate brand manager for Farmland. "Supporting the future of the agriculture industry and providing the next wave of farmers with the tools needed to succeed has been a longstanding commitment of our brand. We are proud to continue the legacy of the Farmland Honoring of the Heartland Tour and our partnership with the National FFA Organization for a second year."
Farmland also launched its Farmland FFA Heartland Grant Program to support students' goals and inspire continued growth in the agriculture industry. Through the program, Farmland will provide $20,000 in financial support via grants valued at $1,000 each. Farmland is encouraging FFA members located in Nebraska, Kansas, Iowa, and Missouri to enroll through an open application process, ending October 9, 2022, at FarmlandFFAHeartlandGrants.com.
"We are grateful for Farmland's ongoing support of the National FFA Organization's mission to make a positive difference in the lives of students," said Molly Ball, president for the National FFA Foundation and chief marketing officer for the National FFA Organization. "We're happy to join the brand in recognizing the often-overlooked heroes of farming and agriculture."
In addition, Farmland is proud to be an official partner of country superstar Luke Bryan's Farm Tour for a second consecutive year. In its 13th year, Farm Tour is an annual concert series that gives back by awarding college scholarships to students from farming families who are attending a local college or university near the tour stops. To date, more than 60 scholarships have been granted.
For more information and to see where the Farmland Honoring the Heartland Tour goes next, follow us on Facebook, Instagram or Twitter @FarmlandFoods and visit www.farmlandfoods.com.
About Farmland
Founded in 1959, Farmland is the maker of high-quality, flavorful meats. Rooted in rich traditions of America's heartland, Farmland is committed to a strong work ethic, community, substance over flash, and wholesome, quality food that people feel good about serving. Farmland's robust portfolio of products includes varieties of bacon, sausage, ham and lunch meat. For more information about our products and recipe inspiration, please visit www.FarmlandFoods.com or follow us on Facebook (@FarmlandFoods), Instagram (@farmlandfoods) or Twitter (@FarmlandFoods). Farmland is a brand of Smithfield Foods.
About Smithfield Foods, Inc.
Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. With more than 60,000 jobs globally, we are dedicated to producing "Good food. Responsibly.®" and serve as one of the world's leading vertically integrated protein companies. We have pioneered sustainability standards for more than two decades, including our industry-leading commitments to become carbon negative in our U.S. company-owned operations and reduce GHG emissions 30 percent across our entire U.S. value chain by 2030. We believe in the power of protein to end food insecurity and have donated hundreds of millions of food servings to our communities. Smithfield boasts a portfolio of high-quality iconic brands, such as Smithfield®, Eckrich® and Nathan's Famous®, among many others. For more information, visit www.smithfieldfoods.com, and connect with us on Facebook, Twitter, LinkedIn and Instagram.
About National FFA Organization
The National FFA Organization is a school-based national youth leadership development organization of more than 850,000 student members as part of 8,995 local FFA chapters in all 50 states, Puerto Rico and the U.S. Virgin Islands. The FFA mission is to make a positive difference in the lives of students by developing their potential for premier leadership, personal growth and career success through agricultural education. For more, visit the National FFA Organization online at FFA.org and on Facebook and Twitter.
About Kansas FFA Association
The Kansas FFA Association is a statewide organization of 11,470 agricultural education students in 224 chapters in every corner of Kansas. Our mission is to make a positive difference in the lives of students by developing their potential for premier leadership, personal growth, and career success through agricultural education. Visit www.ksffa.org for more information.
About National FFA Foundation
The National FFA Foundation builds partnerships with industry, education, government, other foundations and individuals to secure financial resources that recognize FFA member achievements, develop student leaders and support the future of agricultural education. A separately registered nonprofit organization, the foundation is governed by a board of trustees that includes the national FFA president, educators, business leaders and individual donors. For more, visit FFA.org/Give.
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SOURCE Smithfield Foods, Inc. | https://www.mysuncoast.com/prnewswire/2022/09/09/farmland-support-midwest-farming-agricultural-communities-year-two-its-honoring-heartland-tour/ | 2022-09-09T20:05:14Z |
WASHINGTON — A bipartisan group of U.S. senators has released legislation that aims to clarify the 1887 law that governs how Congress counts Electoral College votes following a presidential election.
The legislation caps off months of negotiations between Republican and Democratic senators, who hope to remove the vagueness from the Electoral Count Act that led former President Trump and some of his advisers to call on then-Vice President Mike Pence to ignore certified votes for Joe Biden from some swing states.
In the lead-up to the certification, Republican officials in several states gathered together to come up with alternate slates of electors, not based on actual votes.
Those Republicans, some of whom were state officials or state party leaders, then tried to get those “fake electors” to Pence for him to use during the congressional counting process instead of the electors voters had actually chosen.
A second bill from the group, released alongside that electoral count bill, would enhance federal penalties for people convicted of threatening or intimidating election officials, poll watchers, voters, or candidates.
“From the beginning, our bipartisan group has shared a vision of drafting legislation to fix the flaws of the archaic and ambiguous Electoral Count Act of 1887,” the group of nine Republicans and seven Democratic senators said in a statement.
The senators said the legislation they unveiled Wednesday would establish “clear guidelines for our system of certifying and counting electoral votes for president and vice president.”
The 16 senators include Maryland Democrat Ben Cardin, Maine Republican Susan Collins, Alaska Republican Lisa Murkowski, Ohio Republican Rob Portman, Nebraska Republican Ben Sasse, New Hampshire Democrat Jeanne Shaheen, Arizona Democrat Kyrsten Sinema, North Carolina Republican Thom Tillis, Virginia Democrat Mark Warner and Indiana Republican Todd Young.
The Electoral Count Reform and Presidential Transition Improvement Act would place each state’s governor in charge of submitting the certificate of ascertainment identifying that state’s electors, unless the state law or state constitution specified otherwise.
“Congress could not accept a slate submitted by a different official,” according to a summary of the bill. “This reform would address the potential for multiple state officials to send Congress competing slates.”
The proposal would clarify the role of the vice president during the counting of electoral college votes, noting that they do “not have any power to solely determine, accept, reject or otherwise adjudicate disputes over electors.”
The number of U.S. lawmakers needed to raise an objection would increase to one-fifth of the members sworn in to the House, which holds 435 members, and the Senate, which holds 100.
“This change would reduce the likelihood of frivolous objections by ensuring that objections are broadly supported,” according to the bill summary. “Currently, only a single member of both chambers is needed to object to an elector or slate of electors.”
The measure would remove an 1845 law that could allow state legislatures to override the popular vote in their state by declaring a failed election, a term not defined in the law. The bill would instead allow states to move their presidential election date if needed following “extraordinary and catastrophic” events.
The second bill, dubbed the Enhanced Election Security and Protection Act, would increase the federal penalty for people convicted of threatening or intimidating election officials, poll watchers, voters, or candidates from up to one year in prison to up to two years.
The measure would clarify that federal law requires election officials to preserve electronic election records. It would make it illegal to tamper with a voting system. And it would increase the penalty for people convicted of willfully stealing, destroying, concealing, mutilating, or altering election records from $1,000 to $10,000 and from up to one year in prison to up to two years.
The second bill is backed by Collins, Murkowski, Portman, Romney and Tillis and all seven Democrats.
Senate Minority Leader Mitch McConnell, a Kentucky Republican, said that he’s been in close contact with Collins while talks were ongoing and that he’s “sympathetic with what she’s trying to achieve.”
“The Electoral Count Act does need to be fixed,” McConnell said.
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accounts, the history behind an article. | https://www.albanyherald.com/news/senate-bills-would-ban-fake-electors-clear-up-electoral-college-procedures/article_e896601e-0a0e-11ed-bbfa-979199d9b81d.html | 2022-07-23T00:38:11Z |
NANJING, China, Sept. 10, 2022 /PRNewswire/ -- The Mid-Autumn Festival comes as the moon turns full. As a traditional festival of the Chinese nation, the Mid-Autumn Festival is associated with good wishes for family reunions. A famous Chinese news media Modern Express invited four young people to show how to celebrate Mid-Autumn Festival in China.
On the day, reunions of numerous families set off the full moon to advantage.
The bright moon in the sky triggers emotions.
Where do you spend the festival this year? All Chinese people, wherever they are, share the same sentiment of missing home.
Admiring the moon, eating mooncakes and enjoying colored lanterns and other traditional customs of the festival have been passed down from ancient times to the present. These ceremonies are exactly what make the Chinese people romantic.
For youngsters, eating mooncakes of new tastes and visiting the best moon-admiring places both turn age-old traditional customs into fashions.
(https://youtu.be/nM87nnADpEY)
Yan Chao, a youngster from Nanjing, is walking by the Qinhuai River to feel the charm of the city, a capital of six ancient dynasties. In his hand is a Suzhou-style mooncake, something originating more than 1,000 years ago.
Custard mooncake is the favorite of Emma Chin, a youngster from Hong Kong. For her, it is also an indispensable ceremony to watch colored lanterns at Victoria Harbor, Tsim Sha Tsui during the festival.
Emily Yau, a young lady from Macao, prefers gathering with relatives and friends at the Ruins of St. Paul to celebrate the festival.
Where can we admire the most beautiful moon in Taiwan? For Zhang Youfang, a youngster from Taiwan, in addition to Sun Moon Lake, Feng Chia is also a good choice. Having a bite of mooncakes while appreaciating the moon to express the missing for family members and the hope of an early reunion.
As a traditional snack for the festival, mooncakes symbolize a spiritual feeling. As circular as the moon, mooncakes also evoke thoughts for family members. The moon, when combined with mooncakes, signifies reunion.
People eat mooncakes and admire the moon with their families. While enjoying the happy traditional festival, Chinese youth join hands to preserve the festival and pass down Chinese culture to future generations.
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SOURCE Modern Express | https://www.kxii.com/prnewswire/2022/09/11/admiring-moon-enjoying-mooncakeschinese-youth-preserving-romantic-festive-customs/ | 2022-09-11T01:08:44Z |
www.adaptfa.com
https://www.linkedin.com/in/alan-niemann-clu-chfc-aep-26b816a5/
https://www.linkedin.com/in/avery-niemann-6a3a59141/
https://www.linkedin.com/in/ashton-niemann-993a891a1/
OKLAHOMA CITY, Aug. 4, 2022 /PRNewswire/ -- Adaptation Financial Advisors welcomes CEO and Founder, Alan Niemann's, youngest daughter onto the team as an Insurance Professional.
Alan Niemann, CEO and Founder of Adaptation Financial Advisors (AFA) has been helping clients build their legacies for 38 years with one goal in mind – taking care of his clients, employees, and their families. Especially over the last 5 years, Niemann has been working towards ensuring his clients and employees will continue to be taken care of after his departure. Most advisors have this same concern on whether it is better to find a successor from within the firm or sell to a third party. Niemann has decided a third option is the best course of action to truly ensure his clients and employees are taken care of – AFA becoming a legacy firm.
At this year's family retreat, it was visible to see the next generation emerging with over 40 children in attendance, ranging in age from newborn to early twenties. Adaptation's goal is to provide each of these children an opportunity to join AFA in the future. To facilitate this, AFA helps our advisors put a buy-sell agreement in place. The buy-sell agreement gives family members the right to pass the relationships that the current advisor has built with their clients onto the next generation. If a family member is not ready, AFA will purchase the practice until they are ready, so that the advisor will not have to worry about how their legacy will be passed down. This is our overarching goal - for the AFA grandchildren to be serving our clients' grandchildren in the future.
Kicking off the legacy program is the founders' 2 daughters, Avery and Ashton Niemann.
AVERY NIEMANN:
March 2021, | Avery Niemann began with Adaptation Financial to act as a liaison for the family and the firm after Alan was in a motorcycle accident and unable to be in office for a period of time. Avery is currently based in Denver, Colorado and has worked her way to becoming Adaptation Financial's Chief Administrative Officer.
"I found my way into the family business out of necessity and during a crisis," says Avery. "I would not wish for a repeat of last year, but I am endlessly grateful for the in depth look into the family business and what my dad has built over the last 38 years. I am so excited to be a part of a legacy business where I can contribute my own strengths and ideas while working with such a talented team to ensure that the next generation after me can one day have same of privilege of working at Adaptation."
ASHTON NIEMANN
August 2022, | Ashton Niemann is welcomed into the firm as an Insurance Professional on track to become a Financial Advisor. Ashton is a recent graduate from TCU where she received a bachelor's degree in Finance and was actively involved on campus through holding leadership positions in her sorority, Alpha Delta Pi. Beyond her academic involvement activities, Ashton worked for the Outdoor Program as a Trip Leader.
"While the name of the business has changed, I have very early memories of Adaptation," says Ashton. "I grew up meeting many of my dad's clients, quite a few who are now like family to me. My dad also taught my sister and me the importance of money management and life insurance from an early age. I'm now looking forward to pursuing a career as a future financial advisor in a business that has been a part of my whole life and will be around for many years to come."
ABOUT ADAPTATION FINANCIAL:
Adaptation Financial, Inc is a Hybrid Independent Registered Investment Advisory firm with over $750MM of client assets under management. The firm currently has 6 office locations across 3 states and caters to individual investors through a variety of financial services – tax and estate planning, property and casualty, stock options with a phantom stock plan, etc. Securities are offered through Registered Representatives of Cambridge Investment Research Inc., a broker-dealer, member FINRA/SIPC. Advisory services are through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Financial planning services are through Adaptation Financial Advisors, Inc., a Registered Investment Advisor. Cambridge and Adaptation Financial Advisors are not affiliated.
Visit www.adaptfa.com or call 800-522-8727 to connect with an advisor in your area.
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SOURCE Adaptation Financial Advisors | https://www.mysuncoast.com/prnewswire/2022/08/04/adaptation-financial-advisors-inc-legacy-firm/ | 2022-08-04T07:15:38Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, NTES, AMD, TSLA, and KO.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/06/10/thinking-about-trading-options-or-stock-alibaba-netease-advanced-micro-devices-tesla-or-coca-cola/ | 2022-06-10T14:41:47Z |
DES MOINES, Iowa, Aug. 3, 2022 /PRNewswire/ -- Jake Espenmiller has joined the Conterra Ag Capital team as chief lending officer, signifying significant growth for the West Des Moines-based ag lender.
Espenmiller will lead the company in business development, working alongside Conterra's executive team and relationship managers and shaping the company's strategic direction as it continues to grow.
"Jake brings unparalleled expertise in ag lending and farmland equity investing. His proven track record in both makes Jake the perfect fit to lead our business development efforts across the US," said Paul Erickson, Conterra President and CEO. "Jake's insights will be key when working with Conterra senior management team to develop strategies supporting the changing agricultural landscape."
The Iowa native has more than 24 years of experience in ag finance, most recently serving as the Midwest president of Oak River Farms. His experiences have taken him to several of the nation's core ag regions and industries, offering additional perspective to Conterra's ag lending team.
"As a private lender with deep ag roots and experience, Conterra is uniquely positioned to be a key capital partner for today's farmers, ranchers and agribusinesses," says Espenmiller. "I think of Conterra as a 'Goldilocks' firm — just the right size to be a significant player, while remaining nimble and flexible."
The Simpson College and Drake University graduate says Conterra's culture, work ethic and passion for agriculture aligned with his own. Currently residing in Overland Park, Kansas, Espenmiller and his wife are partners in a family row-crop operation in Northwest Iowa.
"I plan to build upon the success of Conterra's founders by providing great service to customers, great returns for our investors and a great culture for our employees."
Conterra Ag Capital focuses exclusively on agriculture, providing loan servicing, alternative lending and asset management to institutional investors, banks and other agricultural lenders throughout the United States.
Conterra Ag has loan tools to help meet the challenges of today's agricultural environment:
- Long-term fixed rate loan
- Flexibility through revolving line of credit loans
- Restructuring debts to improve cash flows
Conterra Ag's staff of seasoned ag lending professionals will quickly respond to your inquiry. To learn more, contact Conterra Ag by phone at 855-381-3451 or by email at info@conterraag.com.
Media Contact: Aleks Ridge, aleks.ridge@conterraag.com
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SOURCE Conterra Ag Capital | https://www.mysuncoast.com/prnewswire/2022/08/03/conterra-ag-capital-adds-chief-lending-officer-position/ | 2022-08-03T14:43:40Z |
TACOMA, Wash., June 23, 2022 /PRNewswire/ -- EventsPass today announced they have been awarded the event show contracts for the Discover Boating Miami International Boat Show, The Fort Lauderdale International Boat Show, the Suncoast Boat Show, the Palm Beach International Boat Show, and the St. Petersburg Power & Sailboat Show, as well as the Premiere Beauty shows in Orlando, Birmingham, and Columbus by the team at Informa, South Florida Ventures.
According to Randy Field, VP of Marketing for Informa, "the technology product fit provided by EventsPass empowers us to elevate the service and experience we provide to our exhibitors and attendees, while at the same time providing data insights, we have not historically had access to. This new approach to ticketing will allow us to offer our exhibitors the ability to capture leads in ways never before seen in the beauty and boating event industry. ."
Terri Kennedy, Director of Registration for Informa, went on to add: "we are a service-centric event producer interested in maximizing technologies to bolster our operations and overall show experience. The team at EventsPass understands how mission critical this is for us and the service and support they have provided us to date is brilliant."
EventsPass will be deploying their unified, mobile-first platform to provide digital tickets, credentialing, and LeadGen, the lead capture app allowing real-time data review and usage, to event attendees and exhibitors alike to deliver a seamless show experience rich in data capture. The EventsPass solution generates outcomes anchored in creating new revenue streams and meaningful ROI for all event stakeholders.
CEO for EventsPass, Stewart Buchanan, added: "Informa owns and operates some of the biggest shows in the World. Their level of sophistication and event excellence is the very reason our event software exists. We could not be more excited to be aligned with such an industry titan."
Headquartered in Tacoma, Washington and Melbourne, Australia, EventsPass is one of the world's leading event marketing and management platforms, built by Show Professionals, for Show Professionals.
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SOURCE EventsPass, Inc. | https://www.kxii.com/prnewswire/2022/06/23/eventspass-announces-major-new-customer-partnership/ | 2022-06-23T11:35:53Z |
BRUSSELS (AP) — European Commission chief Ursula von der Leyen said Wednesday that the 27-nation European Union needs to make emergency plans to prepare for a complete cut-off of Russian gas in the wake of the Kremlin’s war in Ukraine.
“It is obvious: (Russian President Vladimir) Putin continues to use energy as a weapon. This is why the Commission is working on a European emergency plan,” she told legislators in Strasbourg, France.
The EU has already imposed sanctions on Russia, including on some energy supplies, and is steering away from Kremlin-controlled deliveries. But the head of the EU’s executive branch said the bloc needed to be ready for shock disruptions coming from Moscow, and said the first plans would be presented by the middle of the month.
“If worst comes to worst, then we have to be prepared,” she said, hoping to avoid the chaotic scenes, and the my-country-first attitude that some member states showed early on in the COVID-19 pandemic response.
Energy, and the prospect of a winter without enough heating for homes or power to keep factories going, could now pose a similar challenge to EU solidarity and a source for populist-spawned division.
“It is very important to have a European overview and a coordinated approach to a potential complete cut off of Russian gas,” von der Leyen said. A dozen members have already been hit by reductions or full cuts in gas supplies as the political standoff with Moscow over the Ukraine invasion intensifies.
Highlighting the potential challenges ahead, Germany said last week it suspects that Russia may not resume natural gas deliveries to Europe through the Nord Stream 1 pipeline after planned maintenance work in July, complicating the outlook for this winter.
Russian state-owned energy giant Gazprom blamed a technical problem for the reduction in gas flowing through Nord Stream 1, which runs under the Baltic Sea from Russia to Germany. The company said equipment maintenance was affected by Western sanctions.
European Union countries already agreed last month that all natural gas storage in the 27-nation bloc should be topped up to at least 80% capacity for next winter to avoid shortages during the cold season. The new regulation also says underground gas storage on EU soil will need to be filled to 90% capacity before the 2023-24 winter.
Von der Leyen said that the storage stood at 55% a week ago, adding that liquefied natural gas deliveries from the United States had already tripled.
The war in Ukraine has prompted the 27-nation bloc to rethink its energy policies and sever ties with Russian fossil fuels. Member countries have agreed to ban 90% of Russian oil by year-end in addition to a ban on imports of Russian coal that will start in August.
The EU has not included gas — a fuel used to power factories and generate electricity — in its own sanctions for fear of seriously harming the European economy. Before the war in Ukraine, it relied on Russia for 25% of its oil and 40% of its natural gas.
To slash its use of Russian energy, the European Commission has been diversifying suppliers.
In the meantime, the average monthly import of Russian pipeline gas is declining by 33% compared with last year, von der Leyen said as she called for a speedy transition toward renewable sources of energy.
“Some say, in the new security environment after Russia’s aggression, we have to slow down the green transition. This transition would come at the ‘the cost of basic security,’ they say. The opposite is true. If we all do nothing but compete about limited fossil fuels, the prices will further explode and fill Putin’s war chest,” she said. “Renewables are home-grown. They give us independence from Russian fossil fuels. They are more cost-efficient. And they are cleaner.”
The EU Council agreed last month to raise the share of renewables in the bloc’s energy mix to at least 40% by 2030 — up from the previous target of 32%. In addition, a 9% energy consumption reduction target for 2030 will become binding on all EU member states for the first time. | https://cw33.com/business/ap-business/eu-chief-warns-of-danger-of-complete-cut-off-of-russian-gas/ | 2022-07-06T17:28:42Z |
TORONTO, Aug. 24, 2022 /PRNewswire/ - Info-Tech Research Group, one of the world's leading IT research and advisory firms, has published a new research-backed blueprint, Define Service Desk Metrics That Matter. This data-backed blueprint will help organizations improve the metrics their service desk is measured by to align IT with strategic business goals better. The new resource is intended to guide IT leaders on consolidating metrics and assigning context and actions to ones currently tracked. With the right metrics, organizations can measure and quantify how well the service desk function performs to tell the whole story.
Establishing benchmarks and tension metrics is necessary for improved performance in an increasingly digital era. The firm's blueprint encourages IT leaders to identify the metrics that serve a real purpose and eliminate the rest. This includes establishing a formal review process to ensure metrics are still valid and providing answers that are at a manageable and usable level.
According to Info-Tech's CEO-CIO Alignment Diagnostic, only 19% of CXOs feel that their organization is effective at measuring the success of IT projects with their current metrics, and 80% of organizations say they need improvement to their business value metrics. Implementing the proper metrics can facilitate communication between the business division and IT practice. Additionally, these metrics can help IT better articulate the business's issues and how the CEO and CIO should tackle them.
According to Info-Tech's insights, whether a given metric is the right one for an organization's service desk will depend on several different factors, including:
- The maturity and capability of service desk processes.
- The volume of service requests and incidents.
- The complexity of the environment when resolving tickets.
- The degree to which end users are comfortable with self-service.
Internally measured metrics are more reliable because they provide information about actual performance over time, allowing for targeted improvements and objective measurements of milestones.
Tracking goal- and action-based metrics allows IT to make meaningful, data-driven decisions for the service desk. Leaders can use these insights to establish internal benchmarks to set baselines.
"When establishing a suite of metrics to track service desk performance, it's tempting to start with the metrics measured by other organizations," says Benedict Chang, Research Analyst at Info-Tech Research Group. "Naturally, benchmarking will enter the conversation. While benchmarking is useful, measuring your organization against others with a lack of context will only highlight your failures. Furthermore, benchmarks will highlight the norm or common practice, not best practices."
Benchmarks are often open to interpretation. Info-Tech's blueprint explains that taking the time to establish proper metrics is often more valuable than going down the benchmark rabbit hole. Becoming too focused on benchmarks can lead to misinterpretation of the data and poorly informed actions.
"Keeping the limitations of benchmarking in mind, IT leaders should establish their own metrics suite with action-based metrics," adds Chang. "To do this, IT can define the audience, cadence, and actions for each metric tracked and pair them with business goals. Measure only what is necessary, slowly improve metrics process over time, and analyze the environment using the established data as the benchmark."
The full Define Service Desk Metrics That Matter blueprint, which includes the approach to metrics management for IT leaders, can be downloaded and viewed now.
To learn more about Info-Tech Research Group and to download the latest research, visit www.infotech.com and connect via LinkedIn, Twitter, and Facebook.
- Standardize the Service Desk
- Take Control of Infrastructure and Operations Metrics
- Analyze Your Service Desk Ticket Data
- IT Diagnostics: Build a Data-Driven IT Strategy
Info-Tech Research Group is one of the world's leading information technology research and advisory firms, proudly serving over 30,000 IT professionals. The company produces unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. For 25 years, Info-Tech has partnered closely with IT teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
Media professionals can register for unrestricted access to research across IT, HR, and software and over 200 IT and Industry analysts through the ITRG Media Insiders Program. To gain access, contact pr@infotech.com.
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SOURCE Info-Tech Research Group | https://www.wibw.com/prnewswire/2022/08/24/improving-service-desk-metrics-helps-it-better-align-with-strategic-business-goals-according-info-tech-research-group-insights/ | 2022-08-24T21:50:30Z |
LOS ANGELES, June 28, 2022 /PRNewswire/ -- A bill requiring oil refiners to disclose their per gallon profits monthly passed out of the California Assembly Natural Resources Committee by a vote of 8 - 3. The legislation has already passed out of the California Senate by a vote of 22 - 4.
SB 1322 (Allen) requires the oil refiners to disclose monthly their refining profits -- the difference between average cost they pay for a barrel crude oil and the average price they charge for the finished barrel of gasoline, minus their expenses. With 42 gallons in a barrel, the public will know exactly how much oil refiners make per gallon of gas in California.
Californians are paying $1.40 more gallon for their gasoline than the average US driver. Environmental costs add about 60 cents per gallon.
"Consumers deserve to know how much oil refiners are making off their pain at the pump," said Jamie Court, president of Consumer Watchdog. "Recent quarterly profit reports suggest California oil refiners are pocketing $1 per gallon off the recent price spikes at the pump. That's unconscionable."
Refining margins are typical industry measures. In fact, California refining margins are already published quarterly by two of California's five oil refiners – so this is information that is already public. PBF publishes refining profits from its San Francisco and LA refineries, which show that it made 78 cents per gallon on the gasoline it sold in the first quarter of 2022. That's double its profits from other parts of the country. Valero also publishes its margins for its West Coast refineries, which are exclusively in California. The other refiners publish Western regional margins. You can read about the refining profits reported by all California refiners in our review of the latest investor report here: https://www.consumerwatchdog.org/energy/profit-reports-show-oil-refiners-are-gouging-californians-profits-gallon-double
Since prices only tipped $5 per gallon in March, significantly into the first quarter reporting period, this means that PBF likely made more than $1 per gallon profits on the gasoline sold in Southern California from March through May.
"Requiring oil refiners to post their profits per gallon monthly will allow the public, regulators, and legislators to pinpoint periods of gouging and have the opportunity to respond," said Court. "When people have to choose between gas and food, it's time we heighten our scrutiny of oil refiner profits. Ultimately, we need a new price gouging law to stop oil refiners from turning California into an ATM."
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SOURCE Consumer Watchdog | https://www.wibw.com/prnewswire/2022/06/28/legislation-requiring-oil-refiners-disclose-profits-per-gallon-monthly-clears-ca-assembly-natural-resources-committee-says-consumer-watchdog/ | 2022-06-28T20:38:27Z |
– Second grants from GlycoNet and Mitacs will support ZT-01's advancement to the clinic for the treatment of insulin-induced hypoglycemia in people with Type 2 diabetes –
TORONTO, May 2, 2022 /PRNewswire/ - Zucara Therapeutics Inc., a diabetes life sciences company developing the first once-daily therapeutic to prevent insulin-induced hypoglycemia (low blood glucose levels), today announced that it has received second grants from each of GlycoNet and Mitacs to support the development of ZT-01 for the treatment of insulin-induced hypoglycemia in people with Type 2 diabetes ("T2D").
"We are grateful for GlycoNet's and Mitacs's continued support in the development of ZT-01 for T2D, which provides the opportunity to address insulin-induced hypoglycemia in a much larger patient population," said Dr. Michael Riddell, Professor at York University's School of Kinesiology and Health Sciences, and Chair of Zucara Therapeutics' Clinical Advisory Board. "GlycoNet's and Mitacs's first grants, announced in July 2019 and November 2020, respectively, enabled us to extend our preclinical model of hypoglycemia in Type 1 diabetes to T2D and progress the program to where it is today. These second grants further support our preclinical efficacy studies which, if successful, will enable us to advance ZT-01 into clinical development in the T2D indication."
ZT-01 is currently in a Phase 1b proof-of-concept trial assessing the pharmacodynamics of treatment of insulin-induced hypoglycemia in people with Type 1 diabetes, with results anticipated in Q2 2022.
Elizabeth Nanak, CEO, GlycoNet, commented, "We are pleased to support Zucara's development of a treatment to improve the life of people with T2D, in hopes that it could become the first therapeutic to prevent hypoglycemic episodes before they occur. GlycoNet is proud to work with companies like Zucara to translate innovative glycomics research into solutions to pressing health issues, right here in Canada."
On April 20, 2022, GlycoNet and its partners announced a total of $7.7 million in funding to 13 glycomics projects across Canada. More information on the project, entitled "Elucidating the role of somatostatin in dysglycemia in a rodent model of type 2 diabetes," can be found here. The project was granted nearly $150,000, which Zucara will more than double match to fund its preclinical efficacy study of ZT-01 for T2D.
Mitacs has awarded Zucara and York University a $60,000 Accelerate Fellowship grant, which will fund the work of PhD student Ninoschka D'Souza on Zucara's preclinical efficacy studies.
GlycoNet is advancing research, innovation and training in glycomics to improve the quality of life of Canadians. GlycoNet is a one-stop global destination focused on developing new carbohydrate-based drugs, vaccines and diagnostics, in collaboration with academic and industry organizations to address areas of unmet need through applied glycomics research. Funded by the federal Networks of Centres of Excellence (NCE) program and a range of partners, the network includes over 175 researchers across Canada who focus on cancer, chronic diseases, infectious diseases and neurodegenerative diseases. This national platform supports translational research, protection of intellectual property, novel drug development, company formation and training. Learn more about us at glyconet.ca.
Mitacs is a not-for-profit organization that fosters growth and innovation in Canada. As a catalyzing force in the Canadian innovation ecosystem, we build a world-class, diverse community of innovators through our collaborative model, attracting and deploying top talent to industry, and matching need with expertise to create ambitious solutions to real-world challenges. To learn more about how Mitacs can help unleash your innovation potential, visit mitacs.ca
Zucara Therapeutics is developing ZT-01, a first-in-class therapeutic to prevent insulin-induced hypoglycemia in patients using insulin therapy. ZT-01 is designed to inhibit somatostatin, a pancreatic hormone that impairs the glucagon response to hypoglycemia in people with insulin-dependent diabetes. ZT-01 restores glucagon secretion to prevent hypoglycemia, which could dramatically change diabetes disease management and improve both patient health and quality of life. For more information, visit www.zucara.ca.
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SOURCE Zucara Therapeutics Inc. | https://www.wibw.com/prnewswire/2022/05/02/zucara-therapeutics-secures-additional-funding-glyconet-mitacs-development-zt-01/ | 2022-05-02T11:52:10Z |
Venice group plans condo for service workers
Published: Sep. 6, 2022 at 3:22 PM EDT|Updated: 48 minutes ago
VENICE, Fla. (WWSB) - A group of business owners in Venice has come up with a plan to make sure their workers have an affordable place to live.
The Venice Pier Group, who owns Sharky’s On The Pier, got approval Tuesday from the Venice Planning Commission to begin the process of building a condominium specifically for their workers.
The idea is similar to a college dormitory. The building will be two stories tall with four living spaces.
Each living space will have four bedrooms, four bathrooms and a shared kitchen.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/06/venice-group-plans-condo-service-workers/ | 2022-09-06T20:11:39Z |
DALLAS (KDAF) — One is better than none if we do say so, but we do all know that the south can cook some food, right? Food & Wine has recently released its list of the best new chefs in America in 2022 and only one southern chef cracked the list.
The publication has shined a light on the 11 most talented up-and-coming chefs in the restaurant industry, “We welcome the 2022 class of Best New Chefs to a prestigious community of more than 354 chefs and leaders, including luminaries like Daniel Boulud, Nancy Silverton, Kwame Onwuachi, and David Chang,” said FOOD & WINE Editor in Chief Hunter Lewis.
FOOD & WINE BEST NEW CHEFS IN AMERICA 2022
Warda Bouguettaya, Warda Pâtisserie, Detroit
Damarr Brown, Virtue, Chicago
Ana Castro, Lengua Madre, New Orleans
Calvin Eng, Bonnie’s, Brooklyn
Tim Flores & Genie Kwon, Kasama, Chicago
Melissa Miranda, Musang, Seattle
Justin Pichetrungsi, Anajak Thai, Los Angeles
Emily Riddell, Machine Shop Boulangerie, Philadelphia
Rob Rubba, Oyster Oyster, Washington, D.C.
Caroline Schiff, Gage & Tollner, Brooklyn
As you can see no one in Texas made the list but we’re going to celebrate a close neighbor’s victory! Congratulations New Orleans chef Ana Castro. Castro’s restaurant, Lengua Madre (Mother Tongue) is an eatery that’s supposed to take its diners into her grandmother’s kitchen in Mexico City, her apartment in Denmark and her new home in New Orleans.
Be sure to click here to learn more about one of the best new chefs in the country that’s representing the south! | https://cw33.com/lifestyle/food-and-drink/southern-chef-named-to-food-wines-best-new-chefs-in-2022/ | 2022-09-12T19:19:26Z |
VANCOUVER, BC, May 11, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today reported unaudited results for the quarter ended March 31, 2022 ("Q1 2022").
"Pan American reported strong financial performance in the quarter, enabling us to declare a dividend of $0.12 per common share for Q1, in line with the new dividend policy announced in February 2022," said Michael Steinmann, President and Chief Executive Officer. "As we indicated in our February 23, 2022 news release, our operations experienced high levels of workforce absenteeism in January and early February due to the Omicron variant of COVID-19. Workforce deployment is now back to more normal levels, and we are maintaining our guidance for 2022 with production weighted to the second half of the year."
Consolidated Q1 2022 Highlights:
- Silver production of 4.6 million ounces and gold production of 131.0 thousand ounces.
- Revenue of $439.9 million included inventory draw downs of 531.6 thousand ounces of silver and 17.6 thousand ounces of gold.
- Net earnings of $76.8 million ($0.36 basic income per share). Adjusted earnings were $32.0 million ($0.15 basic adjusted income per share), with the most significant adjustment being the exclusion of the $44.6 million one-time gain for Pan American's investment in Maverix Metals Inc. ("Maverix").
- Operations generated $68.8 million of cash flow, net of $58.3 million in tax payments.
- Silver Segment Cash Costs and All-in Sustaining Costs ("AISC") per silver ounce were $10.23 and $13.41, respectively. Excluding Net Realizable Value ("NRV") inventory adjustments, Silver Segment AISC was $13.08 per ounce.
- Gold Segment Cash Costs and AISC per gold ounce were $1,069 and $1,502, respectively. Excluding NRV inventory adjustments, Gold Segment AISC was $1,409 per ounce.
- Completed a quarterly-record 25,924 metres drilled on the La Colorada Skarn project, advanced pre-sinking of the concrete lined ventilation shaft and began commissioning of the refrigeration plant. See the news release issued on May 9, 2022, for further details on the recent drill results.
- Management maintains its guidance for 2022 production, costs and capital expenditures. Production is expected to be weighted to the second half of 2022, reflecting the impact on production from reduced workforce deployment levels in Q1 2022 due to the Omicron variant and mine sequencing. See the "2022 Guidance" section of this news release for further details, and the Company's Management's Discussion and Analysis for the three months ended March 31, 2022.
- As at March 31, 2022, Pan American had working capital of $620.7 million, inclusive of cash and short-term investment balances of $326.3 million; a long-term investment in Maverix with a market value of $124.7 million; and $500.0 million available under our sustainability-linked credit facility. Total debt of $47.0 million was related to lease liabilities and construction loans.
- A cash dividend of $0.12 per common share has been declared, payable on or about June 3, 2022, to holders of record of Pan American's common shares as of the close on May 24, 2022. The dividend is comprised of a base dividend of $0.10 per common share and a variable dividend of $0.02 per common share. On February 23, 2022, Pan American introduced a dividend policy that provides for a base dividend plus a supplemental dividend amount tied to our net cash balance. The dividends are eligible dividends for Canadian income tax purposes.
CONSOLIDATED RESULTS
Cash Costs, AISC, adjusted earnings, basic adjusted earnings per share, sustaining and non-sustaining capital, working capital, total debt and net cash are not generally accepted accounting principle ("non-GAAP") financial measures. Please refer to the "Alternative Performance (non-GAAP) Measures" section of this news release for further information on these measures. This news release should be read in conjunction with Pan American's unaudited Condensed Interim Consolidated Financial Statements and our Management's Discussion and Analysis for the three months ended March 31, 2022. This material is available on Pan American's website at panamericansilver.com, on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
2022 GUIDANCE
There are no changes to the guidance for 2022 provided on February 23, 2022, as detailed below. We are currently experiencing higher than expected overall inflationary pressures, particularly for diesel and certain consumables, as well as disruptions in the supply chain. Management is monitoring this situation and will adjust its cost estimates if required.
These estimates are forward-looking statements and information that are subject to the cautionary note associated with forward-looking statements and information at the end of this news release.
Annual Production
Cash Costs and AISC
Capital Expenditures
Conference Call and Webcast
The live webcast, presentation slides and the Q1 2022 report will be available at panamericansilver.com. An archive of the webcast will also be available for three months.
About Pan American Silver
Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. Pan American provides enhanced exposure to silver through a large base of silver reserves and resources, as well as major catalysts to grow silver production. We have a 28-year history of operating in Latin America, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".
Learn more at panamericansilver.com.
Technical Information
Scientific and technical information contained in this news release have been reviewed and approved by Martin Wafforn, P.Eng., Senior Vice President Technical Services and Process Optimization, and Christopher Emerson, FAusIMM, Vice President Business Development and Geology, each of whom are Qualified Persons, as the term is defined in Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
For additional information about Pan American's material mineral properties, please refer to Pan American's Annual Information Form dated February 23, 2022, filed at www.sedar.com, or the Company's most recent Form 40-F filed with the Securities and Exchange Commission.
Alternative Performance (Non-GAAP) Measures
In this news release, we refer to measures that are not generally accepted accounting principle ("non-GAAP") financial measures. These measures are widely used in the mining industry as a benchmark for performance, but do not have a standardized meaning as prescribed by IFRS as an indicator of performance, and may differ from methods used by other companies with similar descriptions. These non-GAAP financial measures include:
- Cash Costs. Pan American's method of calculating cash costs may differ from the methods used by other entities and, accordingly, Pan American's Cash Costs may not be comparable to similarly titled measures used by other entities. Investors are cautioned that Cash Costs should not be construed as an alternative to production costs, depreciation and amortization, and royalties determined in accordance with IFRS as an indicator of performance.
- Adjusted earnings and basic adjusted earnings per share. Pan American believes that these measures better reflect normalized earnings as they eliminate items that in management's judgment are subject to volatility as a result of factors, which are unrelated to operations in the period, and/or relate to items that will settle in future periods.
- All-in Sustaining Costs per silver or gold ounce sold, net of by-product credits ("AISC"). Pan American has adopted AISC as a measure of its consolidated operating performance and its ability to generate cash from all operations collectively, and Pan American believes it is a more comprehensive measure of the cost of operating our consolidated business than traditional cash costs per payable ounce, as it includes the cost of replacing ounces through exploration, the cost of ongoing capital investments (sustaining capital), general and administrative expenses, as well as other items that affect Pan American's consolidated earnings and cash flow.
- Total debt is calculated as the total current and non-current portions of: long-term debt, finance lease liabilities and loans payable. Total debt does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. Pan American and certain investors use this information to evaluate the financial debt leverage of Pan American.
- Net cash is calculated as cash and cash equivalents plus short-term investments, other than equity securities less total debt.
- Working capital is calculated as current assets less current liabilities. Working capital does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. Pan American and certain investors use this information to evaluate whether Pan American is able to meet its current obligations using its current assets.
- Total available liquidity is calculated as the sum of Cash and cash equivalents, Short-term Investments, and the amount available on the Credit Facility. Total available liquidity does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. Pan American and certain investors use this information to evaluate the liquid assets available to Pan American.
Readers should refer to the "Alternative Performance (non-GAAP) Measures" section of Pan American's Management's Discussion and Analysis for the period ended December 31, 2021, for a more detailed discussion of these and other non-GAAP measures and their calculation.
Cautionary Note Regarding Forward-Looking Statements and Information
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: future financial or operational performance, including our estimated production of silver, gold and other metals forecasted for 2022, our estimated Cash Costs and AISC, and our sustaining and project capital expenditures in 2022; the anticipated timing for metals production; the impact of inflationary pressures on our operations and business, particularly for diesel and certain consumables, as well as the impacts related to disruptions in the supply chain; future anticipated prices for gold, silver and other metals and assumed foreign exchange rates; expectations with respect to the future anticipated impact of COVID-19 on our operations and the assumptions that the impact of COVID-19, including the Omicron variant, will be such that we will be able to maintain our workforce at near normal levels in 2022; the ability to continue making progress at any of our exploration projects, including the Wetmore and Whitney projects, and the results of any exploration programs undertaken; whether Pan American is able to maintain a strong financial condition and have sufficient capital, or have access to capital through our corporate sustainability-linked credit facility or otherwise, to sustain our business and operations; and the ability of Pan American to successfully complete any capital projects, including, but not limited to, the La Colorada Skarn project, the expected economic or operational results derived from those projects, and the impacts of any such projects on Pan American and Pan American's plans and expectations for its properties and operations.
These forward-looking statements and information reflect Pan American's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by Pan American, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: the world-wide economic and social impact of COVID-19 and the duration and extent of the COVID-19 pandemic and related restrictions, and the presence and impact of COVID-19 and COVID-19 related restrictions on our workforce, suppliers and other essential resources and what effect those impacts, if they change, would have on our business; the effect that the COVID-19 pandemic may have on our financial and operational results; the ability of Pan American to continue with its operations, or to successfully maintain our operations on care and maintenance, should the situation related to COVID-19 not be as anticipated; continuation of operations following shutdowns or reductions in production, our ability to manage reduced operations efficiently and economically, including to maintain necessary staffing; tonnage of ore to be mined and processed; future anticipated prices for gold, silver and other metals and assumed foreign exchange rates; the timing and impact of planned capital expenditure projects at La Colorada and our other operations, including anticipated sustaining, project, and exploration expenditures; the ongoing impact and timing of the court-mandated ILO 169 consultation process in Guatemala; ore grades and recoveries; prices for silver, gold and base metals remaining as estimated; currency exchange rates remaining as estimated; capital, decommissioning and reclamation estimates; our mineral reserve and resource estimates and the assumptions upon which they are based; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions at any of our operations; no unplanned delays or interruptions in scheduled production; all necessary permits, licenses and regulatory approvals for our operations are received in a timely manner; our ability to secure and maintain title and ownership to properties and the surface rights necessary for our operations; and our ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
These forward-looking statements and information reflect Pan American's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by Pan American, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: the impact of inflation and disruptions to the global, regional and local supply chains; the world-wide economic and social impact of COVID-19 and the duration and extent of the COVID-19 pandemic and related restrictions; the presence and impact of COVID-19 and COVID-19 related restrictions on our workforce, suppliers and other essential resources and what effect those impacts, if they change, would have on our business; the effect that the COVID-19 pandemic may have on our financial and operational results; the ability of Pan American to continue with its operations, or to successfully maintain our operations on care and maintenance, should the situation related to COVID-19 not be as anticipated; continuation of operations following shutdowns or reductions in production, if applicable, and our ability to manage reduced operations efficiently and economically, including to maintain necessary staffing; tonnage of ore to be mined and processed; future anticipated prices for gold, silver and other metals and assumed foreign exchange rates; the timing and impact of planned capital expenditure projects at La Colorada and our other operations, including anticipated sustaining, project, and exploration expenditures; the ongoing impact and timing of the court-mandated ILO 169 consultation process in Guatemala; ore grades and recoveries; prices for silver, gold and base metals remaining as estimated; currency exchange rates remaining as estimated; capital, decommissioning and reclamation estimates; our mineral reserve and resource estimates and the assumptions upon which they are based; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions at any of our operations; no unplanned delays or interruptions in scheduled production; all necessary permits, licenses and regulatory approvals for our operations are received in a timely manner; our ability to secure and maintain title and ownership to properties and the surface rights necessary for our operations; and our ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
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SOURCE Pan American Silver Corp. | https://www.mysuncoast.com/prnewswire/2022/05/11/pan-american-silver-reports-revenue-4399-million-q1-2022/ | 2022-05-11T23:08:54Z |
Three salad kit flavors broaden Bowery's product portfolio as company continues rapid growth
NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Bowery, the largest vertical farming company in the U.S, announces today the launch of salad kits, expanding product offerings into the ready-to-eat category. With the introduction of three salad kit flavors featuring forkable greens, bold flavor, and crunchy toppings from pepitas to parm crisps, Bowery is elevating the grab-and-go salad experience.
Bowery continues to demonstrate product category leadership in Controlled Environment Agriculture (CEA) with the introduction of ready-to-eat salad kits, the fastest growing category in packaged salad with $2.0B in annual sales. Accelerating the expansion of the company's SKU offerings beyond leafy greens, herbs, and two types of strawberries, Bowery's salad kits feature vertically grown greens with zero pesticides and no need to wash. These salad kits provide a healthy, convenient option for a quick meal on-the-go, traveling fewer food miles and retaining more nutritional value due to reduced time from harvest to shelf.
"At Bowery, our mission is to grow food smarter, for more people, in more places. The launch of salad kits will help us meet booming consumer demand in the ready-to-eat category," said Katie Seawell, Chief Commercial Officer, Bowery. "Our consumers are looking for more options that align with their core values, and Bowery's salad kits provide an on-the-go, plant-forward option that they can feel good about eating."
Bowery salad kits will launch in three varieties: Zesty Caesar with roasted chickpeas and crunchy parm crisps; Avocado Ranch, with pepitas and tortilla strips; and Balsamic Vinaigrette, with pita chips, dried cranberries and roasted cashews. All kits, ranging from 310 to 360 calories, feature a base of Crispy Leaf, Bowery's new-and-improved, crunchy, modern spin on iceberg lettuce. Featuring fresh, crisp greens as the star ingredient, these kits will be available via major distributors like Baldor Specialty Foods and Four Seasons, as well major retail locations such as Wakefern and Giant stores on a rolling basis throughout the fall and winter. The three kits will also be available in the produce aisle at local independent grocers in the Northeast and Mid-Atlantic region beginning this September, including Eataly (Flatiron and Downtown NYC locations). With this new product offering, Bowery is meeting the growing demand for convenient, nutritious, planet-positive meals on-the-go.
Now serving more than 1,100 grocery stores, Bowery opened its largest, most technologically advanced farm yet in Bethlehem, PA, earlier this year, transforming a former brownfield site into modern farmland and laying the groundwork for the next chapter in climate-smart agriculture. In 2022, Bowery also broke ground on two additional commercial farms in Locust Grove, GA and Arlington, TX. With this blueprint, Bowery has created a replicable system to grow food wherever and whenever it is needed.
Founded in 2015, Bowery Farming is on a mission to democratize access to high-quality, local, safe, and sustainable produce. Bowery builds smart indoor farms near cities, growing fresher, pesticide-free Protected Produce with bold flavor in precisely controlled environments, 365 days a year. At the heart of the farm is the proprietary BoweryOS, which integrates software, hardware, sensors, AI, computer vision systems, machine learning models, and robotics to orchestrate and automate the entirety of its operations. As a result, each farm creates far less waste and uses a fraction of the water and land compared to traditional agriculture.
Based in New York City, Bowery is the largest vertical farming company in the United States, serving major e-commerce platforms and more than 1,100 grocery stores in the Northeast and Mid-Atlantic regions, including Albertsons Companies (Safeway and Acme), Amazon Fresh, Giant Food, Walmart, Wakefern, Weis, Whole Food Markets, and specialty grocers, with produce that's harvested year-round at peak freshness, delivered within days of harvest.
Bowery has raised more than $497 million in equity funding from leading investors, including Fidelity Management & Research Company LLC, Temasek, GV (formerly Google Ventures), General Catalyst, GGV Capital, First Round Capital, and individuals including Jeff Wilke, as well as some of the foremost thought leaders in food, including Tom Colicchio, José Andrés, and David Barber of Blue Hill.
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SOURCE Bowery Farming | https://www.wibw.com/prnewswire/2022/09/15/bowery-farming-expands-product-offerings-with-ready-to-eat-salad-kits/ | 2022-09-15T13:47:28Z |
PITTSBURGH, Sept. 7, 2022 /PRNewswire/ -- "I wanted to create an improved shower chair that allows the user to safely bathe their entire body," said an inventor, from Lakewood, Calif., "so I invented the HYDROLIC TUB CHAIR. My design may allow individuals to relax with peace of mind while bathing."
The patent-pending invention provides an improved design for a shower chair. In doing so, it offers a safer and more efficient way to bathe. As a result, it allows the user to submerge within the bath water. The invention features a safe and practical design that is easy to use so it is ideal for individuals with various injuries or disabilities. Additionally, it is producible in design variations and it eliminates the need to install a conventional walk in tub.
The original design was submitted to the Riverside sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-RSM-114, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/09/07/inventhelp-inventor-develops-improved-shower-chair-enhance-safety-rsm-114/ | 2022-09-07T16:30:49Z |
Five questions with ... Jackson High senior class President Jarod Matronia
Jarod Matronia grew up in Jackson Township and has lived there his entire life. He served as senior class president at Jackson High School this school year.
He has played competitive sports at the high school, including varsity volleyball and competitive club volleyball.
Matronia was also the president of the National Honor Society, an active member of the student council, a participant in a Stark County leadership panel, and has been a Stark County schools mental health representative through AultCare and CommQuest mental health services.
"I started a mental health committee with a group of Jackson students to promote mental health awareness and to come up with coping strategies for students and staff, and I am also a part of the Faces organization through JHS," he said.
His parents are Mike and Barb Matronia, He has two siblings: a sister Alaysha (oldest), and a brother Jake (middle).
"Outside of the classroom, Jackson has always cared about their community, giving back in any way they can," he said. "Jackson has created a fun and rewarding township for all of its community members."
What was it like being the class president for the past year?
This past year, I was a busy man. Our student body adviser Gretchen Hull keeps her officers busy, especially me. She likes to work like a very well-oiled machine and likes things done a certain way.
This can sometimes make our life difficult, but in the end, it’s benefiting our school that we step foot in every day at 7:30 am.
Some of the tasks as president included planning homecoming, overseeing and helping with the Adopt a Family Drive, planning Say Something week, and ensuring our teachers are given back to during Teacher Appreciation week.
I have learned a lot holding the position of class president. I learned great leadership skills, communication skills and how to build lasting relationships with my peers and administrators. It’s been a very rewarding school year because being the president has allowed me to give back to students, staff and our community.
A larger part of being a class officer involves the Adopt a Family project Jackson holds each November. During this project, student council and class officers come together to lead and organize a donation drive to give back to struggling families in our community.
Why did you decide to run for class president?
A lot of people think, 'Oh, it would be fun to be the class president because you get lots of power," … and this is exactly why I ran. Oftentimes people run for leadership positions because they think fame and power come with it.
My main goal in running was to stop that from happening. Being a leader and in this case, the president is all about what your peers want and how can you be the one to accomplish that.
The class has chosen you to be their voice, to seek changes and to promote new ideas that come from the student body. One of my main focuses for this year was mental health.
With the first scene of normalcy being received this year due to the pandemic, people’s mental health has seemed to be placed on the back burner. It was my goal to see how I could erase the stigma behind starting an important conversation or to see how I could promote that conversation between our students and staff.
I started a mental health committee and our group of students worked to see what we could do in our school to benefit the mental health of students, staff and administrators.
One of the more memorable solutions we implemented was no work weekends. At Jackson, we are very fortunate to have long four-day weekends and during these weekends we made it so there would not be homework assigned and no tests could be given the following Tuesday when students returned to school.
This truly gave the students time off to enjoy themselves or some quality family time. This also gave teachers and administrators a bit of a break because they didn't have to stress about the stack of homework that needed to take home to be graded or the pile of work waiting for them on Tuesday morning.
I would say I have had a very successful and rewarding year as the senior class president.
What are your college/career plans?
My plans include attending Clemson University to study software and computer engineering. One day, I would like to pursue a career in the FBI.
I knew pretty early on in life that I was very interested in technology, math and science which have always been my strength areas in school so I figured this degree would be perfect for me.
What classes or activities have best prepared you for the future?
I have been involved in the College Credit Plus (CCP) program since my sophomore year. This allowed me to take my education one step further and earn college credit from nearby universities like Stark State College, Kent State University or the University of Akron while still in high school.
This allows for becoming familiar with classes that will be more major-specific and allows more time for students to make a career path decision. I have taken classes like white-collar crime, forensics chemistry, computer networking classes and even an information security class. All of these classes were taken in part of the CCP program at Stark State.
Would you pass along some advice for others who might want to run for class president?
Being a leader is not a position or a title, it’s an action and example. This is something I have lived by for the past four years.
Leadership is about doing what is best for your peers not what will bring you as an individual the most fame. It’s a lot of work, and it takes the right person to fulfill all the right characteristics that are essential for leadership.
Go for it, don’t be afraid to fail, learn from your mistakes and keep trying until you get it right. Be willing to listen and learn. No one will ever know it all, so always listen for new ideas and welcome feedback.
ALWAYS take a little more share of the blame and a little less share of the credit.
Editor's note: Five questions with ... is a Sunday feature that showcases a member of the Stark County community. If you'd like to recommend someone to participate, send an email to newsroom@cantonrep.com. | https://www.cantonrep.com/story/news/education/2022/05/29/jarod-matronia-jackson-high-school-talks-mental-health-five-questions-with/9860363002/ | 2022-05-29T12:35:22Z |
SEATTLE, July 27, 2022 /PRNewswire/ -- SportsArt, a leader in socially responsible fitness solutions for over 40 years, has been selected by Astore - Accor Group's Procurement Organization - to become a global preferred vendor outfitting their fitness centers with SportsArt's patented ECO-POWR™ cardio equipment. One of only four fitness suppliers selected by Accor, both brands share a similar mission to promote environmental sustainability and offer socially conscious options to help create a better tomorrow.
"We're excited to provide Accor Group's properties and the partners of Astore Procurement with integrations and applications that will give their hotels even more opportunities to inspire the health and wellness of their guests and our planet," states Ruben Mejia, executive vice president, SportsArt Americas. "All ECO-POWR™ cardio products convert up to 74% of human energy into usable electricity. That means, one hour of working out with an ECO-POWR™ machine can produce enough electricity to power a desktop computer for 2.4 hours. Both SportsArt and Accor have the same mission and goals, so I couldn't be happier to enter this partnership."
The multi-year partnership began earlier this month in all of Accor Hotel's markets including Asia, the Middle East, Africa and Europe as well as North & South America. In recent months, Accor's Chief Sustainability Officer has stated that Accor is building a company that contributes to the environment more than it takes from the environment. This partnership will prove to enhance the sustainability goals of both companies.
"Sustainability has been a part of our DNA since our genesis," stated Giovanni Berselli, Sales Director, EMEA at SportsArt. "All of our initiatives have been developed to try to make the world better. SportsArt shares this value with Accor Hotel group, so creating this partnership has been easy. Now it's time to give back to the planet thanks to Accor's guests through the use of SportsArt's ECO-POWR™️ equipment."
In 2021, Accor accelerated the use of green (wind and solar) energy, with Procurement solutions accelerating new partnerships and suppliers. Accor signed the Glasgow Declaration on Climate Action in Tourism launched by the UN World Tourism Organization (UNTWO) on November 4, 2021. So far, more than 300 public and private tourism organizations have agreed to halve their emissions by 2030 and achieve net zero by 2050.
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SOURCE SportsArt | https://www.mysuncoast.com/prnewswire/2022/07/27/sportsart-enters-worldwide-fitness-partnership-with-accor-group/ | 2022-07-27T15:25:26Z |
Bellville 49
Yoe 14
BELLVILLE — The Bellville Brahmas (4-0) racked up 367 yards on the ground to control the action against the Cameron Yoe Yoemen (2-2).
Sam Hranicky rushed for 210 yards and three TDs for the Brahmas, who got two rushing scores from Tanner Knode and one each from Reid McCann and Corrian Hood.
The Yoemen were limited to 91 yards on the ground and got most of their offensive production from quarterback Braylan Drake, who threw for 141 yards that included TD passes to Trayjen Wilcox and Charlie Mayer.
BELLVILLE 49, CAMERON YOE 14
TEAM STATISTICS
Yoe Bel
First downs 11 23
Rushes-yards 27-91 50-367
Passing yards 141 28
Comp.-Att.-Int. 13-21-0 2-3-0
Punts-average 4-20.5 1-12
Fumbles-lost 2-1 1-1
Penalties-yards 0-0 1-5
INDIVIDUAL STATISTICS
RUSHING — Yoe: Kardarius Bradley 15-65, Armando Reyes 8-56, Trayjen Wilcox 1-2, Braylan Drake 2-(-20), team 1-(-12); Bellville: Sam Hranicky 22-210, DD Murray 7-50, Tanner Knode 11-48, Reid McCann 3-27, Corrian Hood 6-27, Colin Goeke 1-5.
PASSING — Yoe: Drake 13-21-0-141; Bellville: McCann 2-3-0-28.
RECEIVING — Yoe: Wilcox 7-101, Charlie Mayer 3-22, Reyes 2-16, Ja’Quorius Hardman 1-2; Bellville: Knode 2-28.
Palmer 36
Rogers 23
PALMER — Cutter Burrow rushed for 175 yards and a touchdown to help the Palmer Bulldogs (4-0) send the Rogers Eagles (3-1) to their first defeat.
Garrett Wolfe’s 5-yard scoring run and Cooper Sisneroz’s 26-yard TD pass to Zach Davis gave Rogers a 15-14 first-quarter lead, before Palmer took control with two second-quarter TD runs by quarterback Eric Cisneros to grab the lead for good.
The Bulldogs were up 36-15 in the fourth before Abraham Hernandez’s 4-yard scoring run and a 2-point conversion accounted for the Eagles’ final points.
PALMER 36, ROGERS 23
Rogers 15 0 0 8 — 23
Palmer 14 14 0 8 — 36
Pal — Brandon Martinez 20 pass from Eric Cisneros (Cutter Burrow run)
Rog — Garrett Wolfe 5 run (Abraham Hernandez run)
Pal — Burrow 5 run (run failed)
Rog — Zach Davis 26 pass from Cooper Sisneroz (Baldemar Arzola kick)
Pal — Cisneros 29 run (run failed)
Pal — Cisneros 1 run (Burrow run)
Pal — Martinez 5 pass from Cisneros (Cayden Langthorn run)
Rog — Hernandez 4 run (Wolfe run)
TEAM STATISTICS
Rog Pal
First downs 15 18
Rushes-yards 43-193 35-287
Passing yards 94 142
Comp.-Att.-Int. 6-9-0 8-12-0
INDIVIDUAL STATISTICS
RUSHING — Rogers: Bryce Watson 6-49, Sisneroz 11-39, Karsen Gomez 6-33, Hernandez 7-26, Davis 5-23, Wolfe 7-23, Kole Stephens 1-0; Palmer: Burrow 15-175, Cisneros 9-74, Luke Leach 7-33, Adam Leach 3-10, team 1-(-5).
PASSING — Rogers: Sisneroz 6-9-0-94; Palmer: Cisneros 8-12-0-142.
RECEIVING — Rogers: Davis 3-54, Watson 1-22, Jacob McCormick 2-18; Palmer: Martinez 5-71, Burrow 1-33, L.Leach 1-24, A.Leach 1-14.
Bremond 46
Holland 35
BREMOND — Holland (1-3) gave unbeaten Bremond (4-0) all it could handle for 3½ quarters before the Tigers pulled away in the final stanza.
Bremond produced 578 yards rushing, led by Braylen Wortham’s 302 yards and four touchdowns on 20 carries. Bobby Drake added 258 yards and a TD on 19 carries for the Tigers.
Holland led three times and pulled within two points with 6:56 left in the fourth quarter and three points with 3:47 left, but Bremond answered with a score each time.
Desi Cantu started the scoring for the Hornets with the first of three TD passes, connecting for 86 yards with Trey Grinnan for an 8-0 lead. Cantu also had touchdown tosses of 26 yards to Gavin Cruz to give Holland a 15-8 first quarter lead and 58 yards to Christian Michalek to pull Holland to a 38-35 deficit in the fourth quarter.
Ryan Steglich led the Hornets’ ground efforts, with a 75-yard scoring run helping him to 128 yards on 10 carries. His TD boosted Holland to a 21-16 lead with 55 seconds left in the first half, but Bremond responded with a 66-yard TD pass from Wortham to Koben Zan with 24 seconds left for a 22-21 halftime lead.
BREMOND 46, HOLLAND 35
Holland 15 6 0 14 — 35
Bremond 8 14 8 16 — 46
Hol — Trey Grinnan 86 pass from Desi Cantu (Tyler Johnson pass to Christian Michalek)
Bre — Bobby Drake 62 run (Drake run)
Hol — Gavin Cruz 26 pass from Cantu (Jose Arzola kick)
Bre — Braylen Wortham 23 run (Wortham run)
Hol — Ryan Steglich 75 run (bad snap)
Bre — Koben Zan 66 pass from Wortham (pass failed)
Bre — Wortham 1 run (Drake run)
Hol — Cantu 2 run (Arzola kick)
Bre — Wortham 4 run (Braylon Estrada pass from Wortham)
Hol — Michalek 58 pass from Cantu (Arzola kick)
Bre — Wortham 36 run (Zan pass from Wortham)
TEAM STATISTICS
Hol Bre
First downs 8 17
Rushes-yards 36-260 44-578
Passing yards 220 87
Comp.-Att.-Int. 9-13-0 5-12-0
Punts-average 2-25 2-37
Fumbles-lost 3-2 1-1
Penalties-yards 5-30 9-75
INDIVIDUAL STATISTICS
RUSHING — Holland: Steglich 10-128, Javier Hernandez 6-37, Michalek 12-43, Cantu 3-33, Cruz 4-17, Edgar Delatorres-Gonzales 1-(-7); Bremond: Wortham 20-302, Drake 19-258, Jayden Estrada 4-28, Zan 1-(-10).
PASSING — Holland: Cantu 9-13-0-220; Bremond: Wortham 5-12-0-87.
RECEIVING — Holland: Grinnan 2-101, Michalek 4-73, Cruz 1-26, Steglich 1-10, Tyler Johnson 1-10; Bremond: Zan 3-82, Drake 2-5.
— Reported by Jill Marwitz
(NOTE: This roundup will be updated as statistics from more games become available.) | https://www.tdtnews.com/sports/article_4bf7240c-364e-11ed-b455-bb1f24a1935a.html | 2022-09-17T06:44:24Z |
ProPlanner empowers construction jobsite teams with a modern scheduling and planning platform to improve collaboration between general contractors and trades to keep projects on time and within budget.
SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- ProPlanner (formerly Ipsum), a web-based and collaborative construction technology platform, announced today that it has raised $2.7 million in funding led by global software investor Insight Partners. The round included participation from The Haskell Company's venture capital arm Dysruptek, Suffolk Technologies, STO Building Group, Thornton Tomasetti and several construction tech founders including Riggs Kubiak from Honest Buildings and Meirav Oren from Versatile. ProPlanner plans to use the funding to grow its customer base, expand its go-to-market team, and enhance the platform's cutting-edge capabilities.
ProPlanner is a collaborative cloud-based construction scheduling and planning platform utilized by general contractors on hundreds of construction projects in over 10 countries. The platform replaces legacy software tools that are generally not cloud-based nor collaborative, preventing jobsite teams from working together in real-time on one of the most important parts of the project – the schedule. ProPlanner gives general contractors a web-based, easy-to-use platform to empower teams in the field to plan better and keep their projects on time. It seamlessly connects their project schedules with weekly lookaheads and work plans, and seamlessly integrates with other platforms, such as Procore, to enable relevant documents such as RFIs and soon Submittals to stay in sync with the schedule.
"For too long construction teams have struggled to keep projects on time. As we dug into the problem, we learned they were using software that isn't up to date with today's needs and siloes information on desktops, resulting in schedules and lookaheads that are immediately stale and obsolete. From day one we have been focused on bringing a modern, collaborative, and integrated solution to help everyone on a project stay on schedule. This latest investment only accelerates our ability to serve more project teams," said Franco Giaquinto, ProPlanner's CEO.
"ProPlanner has modernized a critical part of the construction process and has already disrupted the construction scheduling market. With a user-friendly platform that integrates key project management tools and supports both pre-construction planning and schedule tracking, ProPlanner already has strong feedback from early adopters," said Nikitas Koutoupes, Managing Director at Insight Partners. "We look forward to partnering with the ProPlanner team as they continue to grow and scale up."
ProPlanner was founded as Ipsum more than five years ago in Latin America with Cemex Ventures as an early investor. Now relaunched as ProPlanner, the company has pivoted to a product with a different approach to address a bigger market. ProPlanner has been partnering with general contractors across the continent and has the potential to be the next standard for scheduling, bringing about the next generation of construction project management.
About ProPlanner
ProPlanner is a modern, web-based and collaborative construction schedule platform that helps general contractors build robust schedules and lookaheads while allowing trade partners to create their weekly and daily activities, manage resources, and improve coordination between stakeholders of a project. Companies like Haskell, Granger Construction, Journey Construction, Novo Construction and Orion Building Corporation are using it on their projects to take their scheduling and planning to the next level.
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SOURCE ProPlanner | https://www.mysuncoast.com/prnewswire/2022/06/23/proplanner-raises-more-than-27-million-transform-construction-scheduling/ | 2022-06-23T17:30:26Z |
FBI confirms search warrant issued for Gibson Co. Sheriff Paul Thomas’ home, other locations
The Federal Bureau of Investigation on Thursday confirmed a search warrant was issued for Gibson County Sheriff Paul Thomas’ home residence and at least three other locations in Gibson County.
The locations include the Gibson County Correctional Complex — where the first warrant was served prior to the sheriff's swearing-in ceremony, also on Thursday.
In August, Thomas won re-election for the second time.
Special Agent Joel Siskovic, a public affairs officer for the Memphis FBI office, confirmed FBI agents conducted search warrants for at least three other locations in Gibson County, including the Orchard House Transitional Home, Alliance Staffing Group and Thomas' residence.
Orchard House Transitional Home is a faith-based transitional housing program in Milan that helps incarcerated people transition into the workforce. Alliance Staffing Group was formed in February 2020 as a partnership between Thomas and unknown investors to bring focus to hiring incarcerated individuals — which in turn, led to the creation of Orchard House Transitional Home.
Re-entry program: Gibson Co. Sheriff Thomas sees major drop in recidivism following groundbreaking re-entry program
As of April 2021, 70 incarcerated people were enrolled in the program.
Both Alliance and Orchard House on Thursday refused to comment when asked about the situation.
The Jackson Sun could not reach Thomas for comment.
This is a developing story.
Have a story to tell? Reach Angele Latham by email at alatham@gannett.com, by phone at 731-343-5212, or follow her on Twitter at @angele_latham. | https://www.jacksonsun.com/story/news/2022/09/01/gibson-county-sheriff-paul-thomas-fbi-search-warrant/7965086001/ | 2022-09-02T21:21:10Z |
MIT Technology Review's signature future of work conference allows attendees to explore the agile leadership strategies and flexible technologies organizations need to unlock resilience.
CAMBRIDGE, Mass., May 18, 2022 /PRNewswire/ -- New for 2022, MIT Technology Review will host its annual conference EmTech Next as a hybrid experience June 7-8. Part of the esteemed EmTech event series, the signature future of work event will feature an all-star lineup of speakers and explore the agile leadership strategies and flexible technologies organizations need to unlock resilience.
This year's EmTech Next will be hosted in partnership with Charter, a media and insights company that serves leaders who are eager to transform their workplace and catalyze a new era of dynamic organizations where all workers thrive.
Featuring live presentations, interactive Q&A sessions, and thought-provoking interviews, EmTech Next arms attendees with trusted guidance and new tools for creating a dynamic work environment. The in-person experience includes live sessions at the renowned MIT Media Lab, exclusive tours, interactive demos, and onsite networking with speakers and other VIPs. All participants will have access to an online event platform for live-streamed content, videos on demand, and interactive discussions.
This year's conference focuses on resilience and resurgence – how to create an adaptable organization and the technologies that make it possible. Featured speakers include:
- Atish Banerjea, CIO of Meta, on designing and scaling to accommodate a distributed workforce
- Chris Bedi, CIO of ServiceNow, with a playbook for addressing the evolving IT demands
- Anna Bethke, Principal AI Ethics Data Scientist at Salesforce, on how to combat AI bias in hiring
- Katie Burke, Hubspot's Chief People Officer, on creating culture within a hybrid or remote organization
- Stephanie LeBlanc-Godfrey, Google's Global Head of Inclusion for Women of Color, with proven tactics for building an inclusive environment and the "soft skills" needed to lead a diverse workforce
- Sean Murphy, Director of Opportunity at Walmart, on new processes and evaluation models to address nontraditional career paths
- George Westerman, MIT's Principal Research Scientist for Workforce Learning, on the leadership strategies needed to address this next wave of organizational and digital transformation
EmTech Next Presenting Partners are Deloitte Consulting LLP, one of the world's largest business consultancies and a leader in human capital consulting; and Intel, an industry leader creating world-changing technology that enables global progress and enriches lives. For additional partnership opportunities, please contact Andrew Hendler at andrew.hendler@technologyreview.com.
For full conference details, registration, and partnership opportunities visit emtechnext.com.
Media who would like to cover the event should reach out to press@technologyreview.com to learn more about obtaining press credentials.
About MIT Technology Review
Founded at the Massachusetts Institute of Technology in 1899, MIT Technology Review is a world-renowned, independent media company whose insight, analysis, and interviews explain the newest technologies and their commercial, social, and political impacts. MIT Technology Review derives its authority from its relationship to the world's foremost technology institution and from its editors' deep technical knowledge, capacity to see technologies in their broadest context, and unequaled access to leading innovators and researchers. MIT Technology Review's mission is to bring about better-informed and more conscious decisions about technology through authoritative, influential, and trustworthy journalism. Subscribe. Listen. Attend. Follow: Twitter, Facebook, LinkedIn, Instagram.
Media Contact:
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SOURCE MIT TECHNOLOGY REVIEW | https://www.wibw.com/prnewswire/2022/05/18/mit-technology-reviews-future-work-conference-june-7-8-2022/ | 2022-05-18T21:49:27Z |
New program to help families teach students to read before kindergarten
TOPEKA, Kan. (WIBW) - A new reading comprehension program is set to help Kansas families teach their PreK students how to read before kindergarten.
Waterford.org, a pre-K education nonprofit with a mission to achieve universal literacy, says fresh reports from the National Center for Education Statistics have locked in on a decline in reading performance among the nation’s 9-year-olds.
When looking at student achievement during the COVID-19 pandemic, NCES found that average reading scores in 2022 for those students dropped about five points - the largest average score decline since 1990.
However, Waterford said the good news for Kansas families is that a new generous donation will give them the chance to start literacy comprehension early to offset that trend.
Waterford noted that the TED organization donated funds to the nonprofit to bring its research-based, third-party validated Waterford Upstart program to the Sunflower State. It said the program will offer families the choice to prepare their children for kindergarten at home for free.
Waterford indicated that children will learn the basics of reading using the program for 15 minutes per day, five days a week. On average, it said graduates of the program enter kindergarten at a nearly first-grade reading level.
Waterford also said that the program has a math and science component that families can also take advantage of. It said the recent research also indicated a decline in math performance.
“When children begin school on par with their peers, they have better outcomes in school,” Waterford.org national spokesperson Kim Fischer said.
Done at home and online, Waterford said Upstart equips caregivers with the tools to become the first and most influential teacher their child will have. It said those tools include a computer that they will get to keep at the end of the program.
If a home needs internet access, Waterford said it will also provide that. It said all participants will receive support through a coach who offers tips that help them continue to engage with their child offline.
Waterford noted that there is never a financial cost to families for any of those tools and supports due to the philanthropic funding of the TED organization.
Across the U.S., Waterford said about 2.2 million 4-year-olds have no access to publicly funded early education, and more than half those children come from communities with no early education options at all.
Waterford said it is one of eight nonprofit organizations in the world distinguished as a 2019 TED Audacious Project. It said the designation tasked it to reach more 4-year-olds who lack access to PreK education.
“There are barriers to early education in communities across Kansas. We want to help fill those gaps with this at-home program so children can walk into their first day of kindergarten confident and ready to learn,” Fischer said.
Waterford said registration for Upstart is open for children who plan to enter kindergarten in the fall of 2023. It said the limited spots are allotted on a first-come, first-served basis.
To register for the program, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/11/new-program-help-families-teach-students-read-before-kindergarten/ | 2022-09-11T18:19:21Z |
CARLISLE, Pa. (AP) — Republican Senate hopeful Mehmet Oz is stepping up his criticism of far-right candidates in Pennsylvania who are gaining traction ahead of Tuesday’s primary election.
After spending much of the campaign steering clear of fellow Republican Senate contender Kathy Barnette, Oz on Saturday said she was out of step with the GOP and would be unable to win the general election in November. In an interview, he took issue with a 2015 tweet from Barnette in which she wrote that “Pedophilia is a Cornerstone of Islam.”
Oz, who would be the nation’s first Muslim senator, described the comments as “disqualifying.”
“It’s reprehensible that she would tweet out something that is defamatory to an entire religion,” Oz told The Associated Press. “This state was based on religious freedom. I’m proud as a Pennsylvanian to uphold those founding beliefs that every faith has its merits.”
The Barnette campaign did not respond to a request for comment. Earlier in the week, Barnette told NBC News that she did not make the statement, which was still live on her Twitter feed on Saturday.
For months, the race for the Republican nomination for Pennsylvania’s open Senate seat has been an expensive fight between former hedge fund CEO David McCormick and Oz, who have spent millions of dollars attacking each other on television. Each has also faced questions about their ties to Pennsylvania. McCormick grew up in the state, while Oz went to medical school there and was married in Philadelphia.
But in the final days of the Republican primary, a third candidate — Barnette, a conservative commentator who has courted hard-line pro-Trump groups — has emerged. Trump himself has warned that Barnette’s background hasn’t been properly vetted.
With the election just days away, polls show a tight three-way race with a sizable number of undecided voters who could sway the results next week.
Oz has won Trump’s endorsement in the Senate contest, although some Trump supporters continue to question his conservative credentials.
When asked to clarify his views on abortion in the Saturday interview, Oz distanced himself from Trump’s newly minted pick for Pennsylvania governor, Doug Mastriano, a far-right conservative who has called abortion “the No. 1 issue.” In a recent televised debate, Mastriano said he supports banning abortion from conception, with no exceptions for rape, incest or the life of the mother.
Oz described himself as “pro-life,” but said he would prefer an abortion ban in Pennsylvania that would include exceptions for rape, incest and the life of the mother.
“There are times when we disagree with other pro-life advocates,” Oz told the AP. “In my case, those disagreements often come about because, as a doctor, I’ve dealt with issues that threaten the life of the mother.”
Oz saved his most pointed criticism for Barnette, however, echoing Trump’s concerns that her background hasn’t been properly scrutinized. He lashed out at her previous comments on Islam, noting that she also has a history of anti-gay remarks.
“We know so little,” Oz said. “Every time she answers a question, she raises more questions. But I think it’s disqualifying to make Islamophobic and homophobic comments, not just for the general election, but the Republican primary as well.”
___
Associated Press writer Marc Levy in Harrisburg, Pa., contributed to this report. | https://cw33.com/news/politics/ap-politics/reprehensible-oz-condemns-gop-opponents-tweet-on-islam/ | 2022-05-15T06:05:04Z |
Gov. Brian Kemp fights subpoena in Georgia election probe
ATLANTA (AP) — The judge presiding over a special grand jury that’s investigating possible illegal attempts to influence the 2020 election in Georgia is wading into a fight over whether Republican Gov. Brian Kemp has to testify before the panel.
Fulton County Superior Court Judge Robert McBurney, who’s supervising the special grand jury, scheduled a hearing for Thursday morning after a dispute between lawyers for the governor and Fulton County District Attorney Fani Willis’ team of prosecutors escalated from tense emails to court filings in recent weeks.
The increasingly heated rhetoric is playing out as the Republican governor, who is seeking reelection in the fall, seeks to avoid speaking to a special grand jury looking into whether former President Donald Trump and his allies broke any laws as they tried to overturn Trump’s narrow election loss to Democrat Joe Biden. Kemp’s lawyers have accused Willis, a Democrat, of pursuing his testimony for “improper political purposes,” an allegation the district attorney strongly denies.
Willis’ investigation was prompted by a January 2021 phone call between Trump and Georgia Secretary of State Brad Raffensperger during which the then-president suggested the state’s top election official could “find” the votes needed to overturn his loss.
Raffensperger and some other state officials have already appeared before the special grand jury, but Kemp is one of a number of potential witnesses who are fighting orders to testify.
U.S. Sen. Lindsey Graham, R-S.C., whose telephone calls to Raffensperger and his staff in the weeks after the election are of interest to prosecutors, was supposed to testify earlier this week, but a federal appeals court put that on hold while he fights his subpoena.
A judge in Texas last week ordered Dallas-based lawyer and podcaster Jacki Pick to travel to Atlanta to testify, and her attempt to challenge that order was denied Tuesday by an appeals court. Pick, who’s also known as Jacki Deason, gave a presentation before a Georgia legislative committee in December 2020 in which she alleged fraud by election workers at State Farm Arena in Atlanta.
Willis has said she’s considering summoning Trump himself to appear before the grand jury, a step that would surely set off a legal fight. The high-stakes investigation is one in a string of serious legal threats the former president is facing.
Willis told Kemp attorney Brian McEvoy in a June email that she and her team wanted to ask the governor, among other things, about the call between Trump and Raffensperger. Trump also called Kemp in December 2020 asking him to order a special legislative session to secure the state’s electoral votes for him.
After an agreement to have the governor sit for a recorded interview fell apart, the district attorney’s office got a subpoena to have the governor testify on Aug. 18, according to court filings. The day before he was to testify, Kemp’s lawyers filed a motion to quash that subpoena.
During Thursday’s hearing, McBurney will determine whether Kemp has to abide by the subpoena.
Kemp’s lawyers argue that he is protected from testifying about his official duties by “sovereign immunity,” a principle that says the state can’t be sued without its consent. They also cited executive privilege, saying any material related to the governor’s deliberative process and communications is protected. And they raised attorney-client privilege, saying the governor routinely sought advice from his office’s attorneys in relation to the 2020 election and shouldn’t have to testify about that.
Willis’ team has argued that sovereign immunity and executive privilege don’t apply in this case and that they would avoid any topic that may be subject to attorney-client privilege.
___
Associated Press writer Jamie Stengle in Dallas contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/25/gov-brian-kemp-fights-subpoena-georgia-election-probe/ | 2022-08-25T11:03:08Z |
Thirteen GreenPower Vehicle Models Listed Under the iHMZEV Program
VANCOUVER, BC, July 20, 2022 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today announced that its customers in Canada can now receive funding under Transport Canada's newly launched incentive program for Medium and Heavy-Duty Zero-Emission Vehicles (iMHZEV). Thirteen of GreenPower's vehicle models are eligible for incentives from $75,000 up to $150,000 including the EV Star vehicle line up and shuttle buses.
On July 11, 2022, the Canadian government, through Transport Canada, announced nearly $550 million in funding for the purchase or lease of medium and heavy-duty vehicles through the iMHZEV Program. The incentives are available for up to 10 eligible vehicles per calendar year purchased or leased by Canadian organizations (for profit and non-profit), provinces, territories, and municipalities incentives at the point of sale.
Purchasers in British Columbia may also apply for the Specialty Use Vehicle Incentive (SUVI) for a rebate of up to $100,000. These can be combined or stacked with the iMHZEV incentives up to 75% of the purchase price for GreenPower vehicles.
Eligible GreenPower vehicles listed under the iMHZEV Program include the EV Star Cargo, EV Star Max seating, EV Star ADA, EV250 thirty-foot shuttle and EV350 forty-foot shuttle.
"GreenPower can assist customers now in applying for the incentives and navigating the application process," said Fraser Atkinson, CEO of GreenPower. "The iMHZEV Program opens up availability in the market for our EV Star Cargo and EV Star for shuttle operations. Our customers can also purchase the EV Star Cab and Chassis to build their own body specific to their needs and requirements. GreenPower has delivered hundreds of its proven EV Star to customers with more than 1,600 additional vehicles on order."
GreenPower and Media Contacts:
Fraser Atkinson
CEO
(604) 220-8048
Michael Perez
Vice President School Bus, Contracts and Grants
(909) 308-0960
Allie Potter
Skyya PR for GreenPower
(218) 766-8856
allie@skyya.com
About GreenPower Motor Company
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van, and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.com
Forward-Looking Statements
This document contains forward-looking statements relating to, among other things, GreenPower's business and operations and the environment in which it operates, which are based on GreenPower's operations, estimates, forecasts, and projections. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as "upon", "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or are beyond GreenPower's control. A number of important factors, including those set forth in other public filings (filed under the Company's profile on www.sedar.com), could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. GreenPower disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. © 2022 GreenPower Motor Company Inc. All rights reserved.
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SOURCE GreenPower Motor Company | https://www.kxii.com/prnewswire/2022/07/20/greenpower-vehicles-eligible-up-150000-funding-transport-canadas-ihmzev-program/ | 2022-07-20T15:34:37Z |
Surveillance video of law enforcement's response during the Uvalde school massacre reveals the clearest account yet of how officers waited outside an elementary classroom as the gunman continued firing, brutally killing 21 students and teachers on May 24.
The video, which was published by the Austin American-Statesman newspaper on Tuesday, shows responding officers approaching the door of the classroom within minutes of the shooter entering yet retreating after the gunman opened fire at them. After more than an hour -- with the hallway growing more crowded with officers from different agencies -- the doorway of the classroom was breached by law enforcement and the gunman was shot and killed.
Local officials and families of the victims decried the decision to release the footage before those impacted were able to see it for themselves. And the video, which was lightly edited by the American-Statesman to blur at least one child's identity and to remove the sound of children screaming, still leaves questions outstanding -- in particular, why the law enforcement response was so delayed.
"This doesn't give us any answers as to who, if anybody, was in charge," state Senator Roland Gutierrez told CNN's Erin Burnett on Tuesday. "Even if we see 77 minutes in a hallway, it's not going to tell us who was in charge or who should have been in charge. And I think that's the sad statement of what happened on May 24th is that no one was in charge."
Gutierrez criticized the Texas Department of Public Safety for having a multitude of officers on site yet not taking control of the situation. The state agency has consistently pointed to Pedro "Pete" Arredondo, the Uvalde school district police chief, as the on-scene commander during the attack.
Arredondo was placed on leave as school district police chief in June and has not given substantial public statements about his decision-making that day despite intense public scrutiny, though he told the Texas Tribune that he did not consider himself to be the leader on the scene. On Tuesday, the Uvalde City Council accepted his resignation from his position as councilman.
Families of the victims said they were disturbed by the leaked footage, saying it was just the latest in a long line of examples where their wishes have been pushed to the side. Officials say they had planned to show the footage to families this weekend before releasing it publicly.
"There's no reason for the families to see that," Uvalde Mayor Don McLaughlin said of the leak. "I mean, they were going to see the video, but they didn't need to see the gunman coming in and hear the gunshots. They don't need to re-live that, they've been through enough," he said.
Officials harshly criticize video's early release
The Austin American-Statesman's decision -- along with TV partner KVUE -- to release the footage was harshly criticized by local officials who echoed the concerns of parents, saying certain graphic audio and images should not have been included.
"While I am glad that a small portion is now available for the public, I do believe watching the entire segment of law enforcement's response, or lack thereof, is also important," the chairman of the state House Investigative Committee, state Rep. Dustin Burrows (R) tweeted.
"I am also disappointed the victim's families and the Uvalde community's requests to watch the video first, and not have certain images and audio of the violence, were not achieved," he wrote.
In the first edited video, which is a little over 4 minutes long, audio captures frantic teachers screaming as the gunman crosses the parking lot after crashing his truck just outside Robb Elementary School's campus.
He then enters the school at 11:33 a.m., turns down a hallway carrying a semi-automatic rifle, walks into a classroom and opens fire. As the shots ring out, a student who had been peeking around the hallway corner at the gunman quickly turns and runs away.
Minutes later, officers rush into the hallway and approach the door, but immediately retreat to the end of the hall when the shooter appears to open fire at them at 11:37 a.m. Law enforcement continues to arrive in the crowded hallway but do not approach the door again until 12:21 p.m. and wait until 12:50 p.m. to breach the classroom and kill the gunman.
A second edited video lasting almost an hour-and-a-half was also published on the newspaper's YouTube channel.
In the footage, the sound of children screaming has been edited out, but the stark sounds of gunfire are still clearly audible and the gunman's face is briefly shown as he comes through the school doors.
"It is unbelievable that this video was posted as part of a news story with images and audio of the violence of this incident without consideration for the families involved," McLaughlin said in a statement.
The American-Statesman defended its decision, with executive editor Manny Garcia writing in an editorial, "We have to bear witness to history, and transparency and unrelenting reporting is a way to bring change."
McLaughlin also shared his disappointment that a person close to the investigation would leak the video.
"That was the most chicken way to put this video out today -- whether it was released by the DPS or whoever it was. In my opinion, it was very unprofessional, which this investigation has been, in my opinion, since day one," he said during a city council meeting Tuesday.
What will happen next
Despite the leak of the surveillance footage, the Texas House Investigative Committee still plans to meet with victims' families on Sunday and provide them with a fact-finding report as originally scheduled, a source close to the committee told CNN.
The report will show that there was not one individual failure on May 24, but instead a group failure of great proportions, the source said. Members of the committee also asked the director of Texas DPS, Col. Steve McCraw, to testify a second time on Monday to get further clarification on earlier sworn testimony before the Texas House and Senate, according to the source.
Meanwhile, some outraged family members took to social media to urge people not to share the video while families come to terms with the footage and the law enforcement behavior it reveals. "PLEASE PLEASE PLEASE DO NOT SHARE THE VIDEO!! We need time to process this!!," posted Berlinda Arreola, grandmother of Amerie Jo Garza, 10, who was killed in the massacre.
Gloria Cazares, whose daughter Jacklyn was killed, also implored her Facebook family and friends not to share the video, saying it is "the opposite of what the families wanted!"
"If you are a true friend please do not share it, I don't want to see it in my feed nor do I want to be tagged on any of the news stations that are sharing it. Our hearts are shattered all over again!," Cazares wrote.
The Uvalde School district has scheduled a meeting on July 18 where Mayor McLaughlin said he hopes the city council and victims' families will be able to get details about the return to school.
The school district previously announced that Robb Elementary School students will not return to the campus and will be reassigned to other schools.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/uvalde-school-shooting-surveillance-video-fuels-scrutiny-over-a-delayed-law-enforcement-response/article_7ba65a50-c989-5928-8013-c1df64d7cd73.html | 2022-07-13T09:37:21Z |
VANCOUVER, BC, July 29, 2022 /PRNewswire/ - Pacific Energy Corporation Limited (Pacific Energy) and Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced an agreement to jointly invest in the construction and operation of the Woodfibre LNG project.
Woodfibre LNG is a 2.1 million-tonne-per-year liquefied natural gas (LNG) export facility with 250,000M3 of floating storage capacity being built near Squamish, B.C. The project is underpinned by two long-term offtake agreements with BP Gas Marketing Limited for 15 years representing 70% of the capacity, with additional commitments in development for up to 90%. Woodfibre LNG announced in April that it had issued Notice to Proceed to global engineering and construction company McDermott International and that the project is expected to be in service in 2027.
Woodfibre LNG will use electric motor drives powered by renewable hydroelectric power, making this one of the lowest-emission LNG export facilities in the world. The project is the only one in Canada with a non-treaty Indigenous-issued environmental assessment certificate, the first project approved under the Government of Canada's "Five Principles" for environmental assessment, and has received all major federal, provincial and First Nations approvals.
"This partnership is a milestone for the Woodfibre LNG project," said Ratnesh Bedi, President of Pacific Energy," "and it further accelerates Canada's ability to be a meaningful player in the global energy transition with the production of the world's lowest carbon LNG."
"Enbridge is an accomplished North American energy company with substantial natural gas operations in B.C. and Woodfibre LNG is pleased that the companies have entered into this investment agreement," said Christine Kennedy, President of Woodfibre LNG. "We believe this agreement speaks to the credentials of the project, from our world-leading Indigenous partnerships to the incredible environmental due diligence, and the ambition of Woodfibre LNG to produce the lowest-emissions LNG in the world."
"As a leader in the energy transition, Enbridge is excited to participate in the Woodfibre LNG facility through this partnership," said Al Monaco, Enbridge's President and Chief Executive Officer. "This facility will provide global LNG markets with a safe, secure and sustainable source of B.C. natural gas through long-term transportation agreement on our T-South pipeline system. This investment is a natural extension of our export pipeline strategy, with strong commercial underpinnings.
"Expanding global access to natural gas through LNG will play a critical role in North America's energy future and will help to reduce the world's greenhouse gas emissions through the displacement of coal-fired power generation, creating strong alignment with our ESG goals," added Monaco.
Under the partnership agreement, Enbridge will invest in a 30% ownership stake in the $5.1 billion Woodfibre LNG project, with Pacific Energy retaining the remaining 70% stake in the facility. Capital for the project includes a contribution in aid of construction for the expansion of FortisBC Energy Inc.'s ("FortisBC") Eagle Mountain to Woodfibre pipeline which will connect the facility through FortisBC's system to Enbridge's T-South natural gas transmission system.
Pacific Energy and Enbridge will each make pro-rata contributions during construction through a combination of asset level financing and equity investments. In exchange for its capital contribution, Enbridge will receive a preferred equity interest that provides predictable future cash flows. The partners will jointly participate in project's execution and governance of ongoing operations, while Pacific Energy retains responsibility for daily operations.
Construction of Woodfibre LNG will be undertaken through an engineering, procurement, fabrication and construction contract with McDermott International. McDermott President and Chief Executive Officer Michael McKelvy welcomed the partnership stating: "The addition of Enbridge is a natural fit as we work together to build the lowest-emission, most sustainable and innovative LNG export facility in the world. Their proven commitment to enabling a new generation of sustainable energy solutions aligns directly with our goal to set a new standard for efficient plant design."
BMO Capital Markets is acting as exclusive financial advisor to Pacific Energy Corporation on the transaction.
Enbridge Forward-Looking Information
Forward-looking information, or forward-looking statements, have been included in this news release to provide information about Enbridge Inc. ("Enbridge" or the "Company") and its subsidiaries and affiliates, including management's assessment of Enbridge and its subsidiaries' future plans and operations. This information may not be appropriate for other purposes. Forward-looking statements are typically identified by words such as ''anticipate'', ''expect'', ''project'', ''estimate'', ''forecast'', ''plan'', ''intend'', ''target'', ''believe'', "likely" and similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information or statements in this news release include statements with respect to Woodfibre LNG project and Enbridge's investment therein, including the characteristics, components and benefits thereof, expected in service dates, and anticipated costs and financing.
Although Enbridge believes these forward-looking statements are reasonable based on the information available on the date such statements are made and processes used to prepare the information, such statements are not guarantees of future performance and readers are cautioned against placing undue reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. Assumptions regarding the expected supply of and demand for crude oil, natural gas, natural gas liquids, liquified natural gas, renewable energy and other commodities, and the prices of these commodities, are material to and underlie all forward-looking statements, as they may impact current and future levels of demand for the Company's services and other energy-related services and products. Similarly, energy transition, including the drivers and pace thereof, exchange rates, inflation and interest rates impact the economies and business environments in which the Company operates and may impact levels of demand for the Company's and others' services and products and cost of inputs, and are therefore inherent in all forward-looking statements. Due to the interdependencies and correlation of these macroeconomic factors, the impact of any one assumption on a forward-looking statement cannot be determined with certainty. The most relevant assumptions associated with forward-looking statements on announced projects and projects under construction, including estimated in-service dates and the realization of anticipated benefits, include the following: the impact of litigation and government, regulatory and stakeholder actions and approvals on construction and in-service schedules; the availability and price of labour and construction materials; the stability of the supply chain; the effects of inflation and foreign exchange rates on labour and material costs; the effects of interest rates on borrowing costs; technology-related matters; the impact of weather; and expectations about our partners' ability to complete and finance proposed projects.
Enbridge's forward-looking statements are subject to risks and uncertainties, including, but not limited to those risks and uncertainties discussed in this news release and in the Company's other filings with Canadian and United States securities regulators. The impact of any one risk, uncertainty or factor on a particular forward-looking statement is not determinable with certainty as these are interdependent and Enbridge's future course of action depends on management's assessment of all information available at the relevant time. Except to the extent required by applicable law, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made in this news release or otherwise, whether as a result of new information, future events or otherwise. All subsequent forward-looking statements, whether written or oral, attributable to Enbridge or persons acting on the Company's behalf, are expressly qualified in their entirety by these cautionary statements.
About Woodfibre LNG
The Woodfibre LNG Project is owned and operated by Woodfibre LNG Limited, a privately held Canadian company based in Vancouver, B.C. Woodfibre LNG Limited is the owner of the former Woodfibre pulp mill site, which is located about seven kilometers southwest of downtown Squamish, B.C.
Woodfibre LNG will source its natural gas from Pacific Canbriam Energy, a Canadian company with operations in northeastern B.C. Pacific Canbriam is an industry leader in sustainable natural gas production. For more information, please visit www.pacific-canbriam.ca.
Woodfibre LNG and Pacific Canbriam Energy are subsidiaries of Pacific Energy Corporation Limited.
About Pacific Energy
Pacific Energy, which is part of the Singapore-based RGE group of companies, is an independent energy resources development company focused on helping North America and growing Asian economies meet their increasing energy requirements. The company strategy is to invest, develop, build, own and operate innovative and cost-competitive projects throughout the energy value chain, while maintaining constant attention to our role as a responsible corporate citizen.
About Enbridge
At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil or renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on two decades of experience in renewable energy to advance new technologies including wind and solar power, hydrogen, renewable natural gas and carbon capture and storage. We're committed to reducing the carbon footprint of the energy we deliver, and to achieving net zero greenhouse gas emissions by 2050.
Headquartered in Calgary, Alta., Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at Enbridge.com
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SOURCE Enbridge Inc. | https://www.wibw.com/prnewswire/2022/07/29/pacific-energy-enbridge-announce-partnership-woodfibre-lng/ | 2022-07-29T11:57:20Z |
MEXICO CITY and CHICAGO, Aug. 9, 2022 /PRNewswire/ -- Creation Investments, a global alternative asset manager and leading impact investor in emerging markets, has made a US$25 million equity investment in DD360, a financial and property technology platform that facilitates financing and management of residential real estate in Mexico. To date, DD360 has raised approximately US$91 million in equity and will use the additional funding to support loan growth acceleration and product roll-out through the expansion of its technology platform offerings and software development team.
"We are thrilled to invest in a business that aligns with our thesis of high growth and profitability, while addressing numerous impact themes such as access to housing and job creation," said Amadeo Ibarra, director and Mexico country head for Creation Investments. "We look forward to partnering with DD360's management team to support its next phase of growth."
Based in Chicago and with offices in Mexico City and Bangalore, India, Creation Investments manages more than US$1.8 billion on behalf of institutional investors, family offices and high net worth individuals. Creation and its portfolio companies seek to improve the lives of those at the bottom of the economic pyramid in emerging markets.
"We are pleased to add Creation Investments as a shareholder to support our growth and roll-out of business-to-consumer mortgage and other product offerings," said Jorge Combe, co-founder and CEO of Mexico City-based DD360. "With these resources, we will continue to expand our team and balance sheet while addressing the enormous deficit of housing in Mexico."
DD360 has been profitable since inception and manages a loan portfolio of more than US$230 million. The company has financed 120 real estate projects across Mexico and is growing rapidly in its business-to-consumer mortgage offering, supported by the launch of its digital mortgage origination platform Compa. DD360 has secured funding from leading commercial and development banks in Mexico and is in discussions with international banks to fund its business-to-business and business-to-consumer growth initiatives.
DD360 is an online financial and property technology platform that facilitates financing and management of residential real estate in Mexico. The company offers business-to-business mezzanine and construction loans for developers, as well as mortgage loans to consumers. It has financed over 120 real estate projects and built a loan portfolio of more than US$230 million. Headquartered in Mexico City, DD360 focuses on offering the best technology-based real estate experience in Mexico. Through its digital ecosystem, the company supports residential real estate developers from inception of new projects through sale of individual residential units, with technological solutions that disrupt the traditional financing process in the real estate sector. For more information, visit https://dd360.mx and https://compa.financial.
Creation Investments Capital Management, LLC is a global alternative asset manager and leading impact investor in emerging markets. Worldwide, Creation's investments directly help more than 28 million small businesses. The firm manages over US$1.8 billion on behalf of institutional investors, family offices and high net worth individuals. Leveraging its deep industry experience, Creation partners with management teams to inject growth equity and facilitate buyout transactions in firms specializing in microfinance, small- and medium-enterprise credit, leasing, factoring, insurance, savings, payments, and mobile money. Together with its portfolio companies, and in alignment with the United Nations Sustainable Development Goals (SDGs), Creation aims to improve the lives of those at the bottom of the economic pyramid in emerging markets. For more information, visit www.creationinvestments.com.
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SOURCE Creation Investments | https://www.mysuncoast.com/prnewswire/2022/08/09/mexico-real-estate-tech-platform-dd360-receives-us25-million-equity-investment-creation-investments/ | 2022-08-09T19:44:50Z |
Brooksby becomes just the second athlete brand ambassador for Cloos, joining seven-time Super Bowl Champion, Tom Brady
NEW YORK, June 23, 2022 /PRNewswire/ -- Christopher Cloos, a leading maker of premium, timeless, and elegant eyewear, today announced the unveiling of a Cloos x Brooksby exclusive eyewear collection and the launch of the first frame of the collection, "The Brooksby."
The Cloos x Brooksby collection, featuring blue light glasses and sunglasses, is inspired by Jenson's fondness of European style and fashion. As Brooksby continues to embark on his successful tennis journey, he always wanted an eyewear line of his own and this new collection will equip him with eyewear to combat any challenge the tennis world presents and will allow him to arrive stylishly for any occasion around the world. His passion for functional style provided the perfect opportunity to collaborate in the design process, working closely with the Christopher Cloos team to create a frame with added purpose.
Each frame in the line, including "The Brooksby", is made from 100% eco-friendly and biodegradable Mazzucchelli acetate, making them environmentally friendly, and comes in exclusive, signature packaging. The inside of each case features a tennis ball and a cleaning cloth which features Brooksby's signature. Additionally, "Christopher Cloos" and "The Brooksby" are emblazoned on the inside of each frame.
"We are excited to share this new, exclusive line with Jenson Brooksby. After working with Tom Brady, it is not a secret that we appreciate both talent and dedication, and Jenson Brooksby is exactly that," said Julius Langkilde, CEO of Christopher Cloos. "Jenson has been extremely collaborative throughout the design process, bringing a fresh, new perspective to the Cloos brand and we have brought his vision to life in a fun and stylish collection that we think everyone is going to love."
"It has been an honor to unveil my new line with Christopher Cloos – a brand that has worked with one of my biggest idols, Tom Brady," says Jenson Brooksby. "Their commitment to sustainability without sacrificing style stood out to me from the first time I met Julius at the U.S. Open back in 2021. I'm excited to show the world what we have been able to create together with the Cloos x Brooksby collection!"
Brooksby is currently ranked No. 33 in the world, and is the youngest American men's tennis player ranked in the Top-35 in the world. Jenson, who is one of five players ranked in the Top-35 in the world that is 21 years old or younger, also became the youngest American to reach the U.S. Open fourth round since 2002 (Jenson lost to world No. 1 Novak Djokovic in the fourth round at the U.S. Open last year).
The Cloos x Brooksby Sunglass collection comes in five Christopher Cloos signature colorways at launch – Noire, Ristretto, Chocolate, Grey Tonic, and Coal – and retails at $179. "The Brooksby" frame includes a keyhole bridge that brings a retro style to its round frame, made from biodegradable acetate for sustainably stylish eye protection. The Cloos x Brooksby Blue Light collection is available in the same colorways and retails at $169.
Additionally, new frames from the Cloos x Brooksby collection will be released later this year.
Originally founded in 2017 at the Paloma Beach Club in the South of France following an iconic meeting with a charismatic man from Monaco by the name of Christopher Cloos, the Danish eyewear company has been expanding quickly and cementing themselves as one of the fastest growing eyewear companies in the Scandinavian region.
With timeless and minimalistic designs, albeit with a modern touch, the Danish company constantly reminds themselves and their audience about their original meeting with Christopher Cloos by incorporating the ideals of the South of France into their products and visuals.
Having travelled around the globe to find the best materials, the company has ensured a first-class customer experience with everything from product to packaging. Operating from two main offices in Europe and New York, Christopher Cloos is continuously expanding with recent launches in Sweden and Germany, while maintaining their biggest market in North America. Christopher Cloos eyewear is available in over 500 stores globally.
For more, visit https://christopher-cloos.com/ or follow us on Instagram and Facebook.
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SOURCE Christopher Cloos | https://www.wibw.com/prnewswire/2022/06/23/christopher-cloos-us-tennis-star-jenson-brooksby-announce-new-exclusive-eyewear-collection/ | 2022-06-23T14:51:23Z |
JACKSONVILLE, Fla., June 30, 2022 /PRNewswire/ -- Providence Homes is proud to announce that it has earned a 2022 ENERGY STAR® Market Leader Award from the U.S. Environmental Protection Agency (EPA) in recognition of its contribution to building energy-efficient new homes that have earned ENERGY STAR certification. ENERGY STAR certified homes are at least 10 percent more energy efficient than those built to code and achieve a 20 percent improvement on average while providing homeowners with better quality, performance and comfort.
The Market Leader Award recognizes partners participating in EPA's ENERGY STAR Residential New Construction program who have made a significant positive impact in energy-efficient construction and environmental protection by building or verifying at least 50 ENERGY STAR certified homes or by sponsoring a local program that supported these activities over the past year.
"Our 2022 Market Leader Award winners demonstrate true leadership in bringing energy efficiency to the residential new construction marketplace," said Jonathan Passe, Chief of the ENERGY STAR Residential Branch.
"We are so proud of our on-going commitment and continued growth as a 100 percent ENERGY STAR® Certified home builder," said Sean Junker, President & COO of Providence Homes. "Today, we are designing and building the highest quality and most energy-efficient homes we have ever built at Providence Homes."
Headquartered in Jacksonville, Florida, Providence Homes is committed to providing the highest standards of residential construction in northeast Florida. For over 30 years Providence Homes has pledged to make a difference in the industry by building every home with the same detail and commitment to excellence they would with their own. Since becoming an ENERGY STAR® partner, Providence Homes has built more than 1,900 ENERGY STAR® homes helping Jacksonville families save over $7.5 million in energy bills.
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Since 1992, ENERGY STAR and its thousands of partners have helped American families and businesses save 5 trillion kilowatt-hours of electricity, avoid more than $500 billion in energy costs, and achieve 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR can be found at energystar.gov/about and energystar.gov/numbers.
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SOURCE Providence Homes, Inc. | https://www.wibw.com/prnewswire/2022/06/30/providence-homes-earns-2022-energy-star-market-leader-award/ | 2022-06-30T15:39:35Z |
SINGAPORE, Aug. 2, 2022 /PRNewswire/ -- CHARLES & KEITH – the go-to label for stylish footwear, handbags and accessories – announces that ITZY will be joining the CHARLES & KEITH family as its newest global brand ambassador.
Fresh off releasing their comeback album, CHECKMATE, ITZY kicks off their appointment by fronting the brand's Fall 2022 campaign, debuting this season's key style, Lula patent bags and shoes. The campaign speaking a distinct visual language – confident and commanding – which captures the Lula's high gloss attitude and ITZY's magnetic presence. A celebration of freedom and authenticity, the girls show how they remain true to their style be it on-cam or off-duty.
Renowned for their breakout anthems, including "DALLA DALLA" and "ICY", the girls are the beacon of pop culture: music artists, social media sensations, and arbiters of fashion. The quintet scored one of the biggest Billboard debuts for a new K-pop act when they broke into the scene in 2019, and have since bagged multiple hit singles. With themes of independence and self-love running through their lyrics, ITZY constantly empowers their fans to express themselves and live boldly with an authentic and unapologetic spirit.
"It's an honour to be introduced as the new global brand ambassadors of CHARLES & KEITH! We're so excited for this new relationship as we'll be able to show our unique chemistry, and the many new sides of ITZY with the brand," said ITZY. "Please stay tuned for more ITZY and CHARLES & KEITH moments in the future!"
"We could not be more thrilled to have ITZY join the CHARLES & KEITH family as the newest face of our brand," said brand co-founder, Keith Wong. "As the voice of a new generation, the ITZY girls aren't afraid to be true to themselves, and that's what makes them the perfect addition to our family."
The campaign featuring ITZY officially goes live on 16 August 2022, and the fall collection will be available in retail stores and on CHARLESKEITH.COM in August 2022.
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SOURCE Charles & Keith | https://www.wibw.com/prnewswire/2022/08/02/charles-amp-keith-announces-itzy-newest-global-brand-ambassador/ | 2022-08-02T09:14:22Z |
FORNEBU, Norway, July 14, 2022 /PRNewswire/ -- Aker Solutions' revenue and margins increased in the second quarter of 2022. The company continued to demonstrate that it remains on-track with its financial targets. The main projects globally continued to progress, tendering activity is record high, and the market outlook remains positive. Aker Solutions increased its revenue guidance and now expects revenue up by about 30 percent in 2022 from 2021.
2Q 2022 Financial Highlights
(excluding special items)
- Revenue NOK 10.6 billion
- EBITDA NOK 691 million
- EBITDA margin 6.5 percent
- Earnings per share NOK 0.46
- Net cash position NOK 3.1 billion
- Order intake NOK 13.6 billion (1.3x book-to-bill)
- Order backlog NOK 52.7 billion
"Our second quarter results demonstrate that we continue on-track with our financial targets, and I am pleased with our overall results for the quarter. As we look ahead to the rest of 2022, we are on the path to deliver full-year revenue growth of around thirty percent, with increased earnings," said Kjetel Digre, Chief Executive Officer of Aker Solutions.
"The market outlook overall remains positive, despite some supply chain constraints and inflation brought on by the recent and unfortunate geopolitical events. Aker Solutions is well-positioned to capitalize on both near-term recovery and for the longer-term structural change in the energy markets," said Digre.
Key Developments
Revenue in the second quarter increased to NOK 10.6 billion from NOK 7.0 billion a year earlier. EBITDA excl. special items increased to NOK 691 million compared with NOK 392 million a year before. The increase was driven by continued strong performance in the Subsea and EMM segments. The Renewables and Field Development segment contained a loss provision on a renewables project in the quarter, and solid performance in field development projects in the same period.
Renewables is currently a young and developing industry with some first-of-a-kind projects. Aker Solutions experiences that the current frameworks the industry operates under are not sustainable for the longer term. The company sees a clear need for change in the way authorities, operators and suppliers work together. To secure a sustainable future for the industry, authorities have a key role to play in order to develop a sustainable framework to increase predictability and improve risk-reward balance in the industry.
During the first half of 2022, Aker Solutions has recruited more than 1,000 new skilled employees globally. This means the company is on-track with the target of hiring 2,000 new colleagues in 2022. During the quarter, Aker Solutions completed the acquisition of Frontica Engineering, a Norwegian engineering company employing around 50 highly skilled engineers.
Aker Solutions ended the second quarter with a net cash position of NOK 3.1 billion, excluding lease liabilities, and the company's financial position remains solid.
Outlook
The outlook remains positive for Aker Solutions overall. Tender activity is record high at NOK 105 billion and the company will continue to be selective in its approach to tendering. The company sees increased market activity moving forward, especially in the oil and gas segment boosted by the tax incentives in Norway to support the supplier industry, supporting its long-term growth targets.
Aker Solutions continues to see a favorable oil and gas price backdrop, but also a dynamic operating environment and the company will continue to monitor the supply chain situation proactively. Global oil and gas supply is projected to remain constrained in the coming years and energy security to remain a priority. This supports Aker Solutions' view of multiple years of spending growth from the company's customers, across areas where Aker Solutions is relevant.
Overall, Aker Solutions is well-positioned to capitalize on both near-term cyclical recovery and for the longer-term structural change in the energy markets. Based on ongoing projects and secured order backlog, the company now expects full-year revenue up by around 30 percent in 2022, and underlying EBITDA-margin continues to be seen up from 2021. In the Subsea segment, margins are now expected at around 15 percent for 2022. The high ongoing FEED work and tendering activity supports the potential for record-high order intake in 2022 for Aker Solutions.
Media Contact:
Torbjørn Andersen, mob: +47 928 85 542, email: torbjorn.andersen@akersolutions.com
Investor Contact:
Fredrik Berge, mob: +47 450 32 090, email: fredrik.berge@akersolutions.com
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SOURCE Aker Solutions ASA | https://www.kxii.com/prnewswire/2022/07/14/aker-solutions-asa-second-quarter-half-year-results-2022/ | 2022-07-14T07:16:18Z |
NEW BRITAIN, Conn., Sept. 7, 2022 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) invites investors and the general public to listen to a webcast of a presentation by Don Allan, President and CEO, at the Morgan Stanley 10th Annual Laguna Conference in Dana Point, CA on Wednesday, September 14, 2022 at 3:15 PM ET.
The live webcast will be available in the "Investors" section of the company's website at www.stanleyblackanddecker.com/investors. A replay of the webcast will be provided on the website and will be available for 30 days.
Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world's largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company's approximately 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world's makers, creators, tradespeople and builders. The company's iconic brands include DEWALT, BLACK+DECKER, CRAFTSMAN, STANLEY, Cub Cadet, Hustler and Troy-Bilt. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders. To learn more visit: www.stanleyblackanddecker.com.
Stanley Black & Decker Investor Contacts
Dennis Lange
Vice President, Investor Relations
(860) 827-3833
dennis.lange@sbdinc.com
Cort Kaufman
Senior Director, Investor Relations
(860) 515-2741
cort.kaufman@sbdinc.com
Christina Francis
Director, Investor Relations
(860) 438-3470
christina.francis@sbdinc.com
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SOURCE Stanley Black & Decker | https://www.kxii.com/prnewswire/2022/09/07/stanley-black-amp-decker-present-morgan-stanley-10th-annual-laguna-conference/ | 2022-09-07T17:57:44Z |
SALT LAKE CITY, July 1, 2022 /PRNewswire/ -- Capstone Companies, based in Charlotte, North Carolina, is pleased to announce the launch of the brokerage firm's new regional office in Salt Lake City, Utah. The new office is led by investment sales advisor, William Moss, who has extensive experience in commercial banking and real estate investment. In his new role, Moss will use his knowledge and experience to advise clients in numerous disposition strategies and establish long lasting client relationships.
Moss joins Capstone after working as a vice president and business banking officer of Hillcrest Bank. His role focused on providing a full range of business banking services, such as commercial loans and business deposit products. Prior to joining Hillcrest, Moss was a manager of portfolio management at Member Business Lending.
Moss is a Salt Lake City native who attended the College of Idaho for his undergrad. While obtaining his bachelor's degree in International Political Economy, he competed for their alpine ski racing team. He later received his MBA in Real Estate Investment from DePaul University in Chicago. In his free time, Moss enjoys being out on the course playing golf or skiing when the season is right. He is always training for the next adventure, which has recently been half marathons.
Capstone's latest expansion into Salt Lake City bolsters the firm's already solid presence in the western United States and leverages the firm's consistent focus on rapid growth and expansion in the multi-housing industry. In his role, Moss will work closely with firm's offices in Denver and Colorado Springs to serve clients and strengthen Capstone's market coverage in some of the region's major markets.
Established in 2008, Capstone Companies has consistently maintained its exclusive focus on multi-housing brokerage, and the rapid growth and expansion of its service lines in the commercial real estate industry. Since its inception, the firm has become the largest privately owned multi-family brokerage nationwide, ranked top 10 nationally in multi-family sales volume, and completed transactions in 35 states, with over 90,000 units sold. Capstone provides brokerage and advisory services for clients across the private, public, institutional, and non-profit sectors with expertise in various types of multi-housing, including conventional apartments, student housing, affordable housing, manufactured housing, multi-housing development sites, and capital placement. In addition to Charlotte and Salt Lake City, the firm also has offices in Denver, Colorado Springs, Indianapolis, Raleigh, Jacksonville, Tulsa, Oklahoma City, Atlanta, Cincinnati, Columbus, Nashville, Orlando, Tampa, and Richmond.
Capstone is the #1 privately owned multi-family brokerage firm nationwide. Our goal is to is to help generate, maintain, and increase the value and profitability of our clients' multi-family investment properties. To do so, we provide comprehensive multi-family advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-family-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile.
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SOURCE Capstone Companies | https://www.wibw.com/prnewswire/2022/07/01/capstone-companies-continues-westward-expansion-with-addition-new-brokerage-office-salt-lake-city/ | 2022-07-01T23:31:13Z |
HOBOKEN, N.J., April 7, 2022 /PRNewswire/ -- Celsius, the leading global cryptocurrency lending and borrowing platform, announced today that it will soon offer Bitcoin as a wrapped asset through CelsiusX, the company's DeFi arm. The wrapping process allows an asset from one blockchain to be used on another, increasing the asset's liquidity and interoperability.
cxBTC will be launched on the Polygon network. In February, Celsius launched wrapped assets for Cardano (cxADA), Ethereum (cxETH) and Doge (cxDOGE), also on Polygon.
"As we build a bridge between the worlds of CeFi and DeFi, there's no plank more important than Bitcoin," said Celsius CEO Alex Mashinksy.
"CelsiusX makes crypto assets interoperable so that retail customers and institutions can freely move their assets across blockchain ecosystems," said Carl Hua, Chief Architect for CelsiusX. "We believe everyone should be able to use their assets on the blockchains of their choice."
The cxBTC offering uses the state-of-the-art Chainlink Proof of Reserve architecture for transparency and accountability. All wrapped assets offered by CelsiusX support real time conversion between the native and wrapped assets, free of charge.
"Amid the volatility in the global economy, Bitcoin stands squarely in the spotlight," said Hua. "cxBTC brings us closer to an interoperable, cross-chain world for the king of crypto - Bitcoin."
For more information on CelsiusX and its wrapped offerings, please visit https://celsiusx.io/.
ABOUT CELSIUS
Celsius helps over a million customers worldwide to find the path towards financial independence through a compounding yield service and instant low-cost loans accessible via a web and mobile app. Built on the belief that financial services should only do what is in the best interest of the customers and community, Celsius is a blockchain-based fee-free platform where membership provides access to curated financial services that are not available through traditional financial institutions. For additional information please visit www.celsius.network.
CONTACT: press@celsius.network
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SOURCE Celsius Network | https://www.kxii.com/prnewswire/2022/04/07/celsius-unveils-wrapped-bitcoin-bitcoin-2022/ | 2022-04-07T22:37:53Z |
CLACKAMAS, Ore., Aug. 4, 2022 /PRNewswire/ -- Earth Mama Organics, a brand with a mission to Do No Harm to people or the planet, is now Certified Plastic Neutral. The company has partnered with rePurpose Global to fund the recovery of as much nature-bound plastic waste as it uses across its packaging and distribution. This bold commitment by Earth Mama Organics is enabling the removal of over 88,000 lbs. of plastic waste otherwise landfilled, burned, or flushed into the oceans every year.
Through its partnership with rePurpose Global, a coalition of conscious consumers and companies dedicated to reducing waste, the company calculates all the plastic used in Earth Mama's products and operations. We then fund the ethical recovery and processing of an equal amount of plastic waste from our environment. Even better—rePurpose Global focuses on removing "low-value" plastic waste in its calculations, like candy bar wrappers, snack bags, etc., since these plastics are most likely to end up in the environment.
Earth Mama's Plastic Neutral funds help to support Project Sada Shakti in Bangalore, India which recovers an equal amount of plastic waste from the local landscape, while providing waste workers with a livable wage and a dignified working environment. Combined with all the other projects, rePurpose Global community is able to remove over 11 million pounds of plastic waste from the environment annually, and empower 10,000+ marginalized waste workers across the globe.
As a prominent player in the Consumer Packaged Goods sector, Earth Mama recognizes the grave threat that plastic pollution poses to the future of our planet. "We have seen the devastating amount of waste generated every day by our industry, so to us, the urgency of this crisis was impossible to ignore. Our planet needs us and Earth Mama is taking strong strides to do our part." said Earth Mama founder and CEO Melinda Olson. "Our mission has always been to offer our customers safe and effective products while creating a deep impact on society. We truly believe in the power of brands to affect long-lasting change," said Olson.
"Environmental protection is at the core of Earth Mama Organics. It's so refreshing to see them push the boundaries on tackling the plastic waste problem. Forward-thinking brands like Earth Mama are the need of the hour. We hope this pioneering move pushes more brands to take responsibility for their own plastic waste," said Aditya Siroya, co-founder and Chief Impact Officer of rePurpose Global.
About Earth Mama Organics: Trusted by mamas and their families worldwide, Earth Mama Organics manufactures obsessively clean herbal care For Everyone and Their Mother™. Founded in 2002 by a nurse and herbalist, Earth Mama combines generations of women's wisdom, traditional herbal remedies, and evidence-based research to formulate certified organic herbal teas, castile-based soaps, healing balms, lotions, deodorants, and sunscreens.
Learn More: earthmamaorganics.com/pages/plastic-neutral
Instagram.com/earthmamaorganics
Facebook.com/earthmamaorganics
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SOURCE Earth Mama Organics | https://www.mysuncoast.com/prnewswire/2022/08/04/earth-mama-organics-goes-plastic-neutral-combat-plastic-epidemic/ | 2022-08-04T19:32:25Z |
Fastest-growing news network providing wall-to-wall coverage of 45th President's 'Save America' rally in Casper
CENTENNIAL, Colo., May 27, 2022 /PRNewswire/ -- Seeking to oust Rep. Liz Cheney from her seat in Congress, Donald Trump is expected to pull few punches on Saturday as he holds a rally in support of Cheney's primary challenger, Harriet Hageman. Real America's Voice will be airing the rally live across all of its digital media platforms with live coverage of the event beginning at 3pm eastern.
"The political feud between Cheney and Trump is at this point legendary," said Real America's Voice CEO Howard Diamond. "The battle between Trump and Cheney is the war for the heart — and direction — of the GOP, and we're excited to provide our viewers with front-row access to what will undoubtedly be an electric event."
Full wall-to-wall LIVE coverage of Trump's May 28 rally in Casper, Wyoming will air from 3pm eastern to 8pm eastern. Ed Henry and Karyn Turk will anchor the coverage on-site, with assistance from David Oliver in the Denver studio. Reporter Ben Bergquam will also be on-site.
LIVE team coverage of the Casper, Wyoming "Save America Rally" begins Saturday, May 28 at 3:00 pm EDT. Stream online at http://realamericasvoice.com or on DISH Ch. 219, Pluto TV Ch. 240, Samsung TV Plus Ch. 1029, The Roku Channel Ch. 175, SelectTV Ch. 106, as well as Apple TV, Fire TV, and Roku streaming devices.
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SOURCE Real America’s Voice | https://www.wibw.com/prnewswire/2022/05/27/trump-take-liz-cheney-wyoming-rally-airing-live-real-americas-voice/ | 2022-05-27T16:14:15Z |
Proceeds to be used to strengthen balance sheet, support new growth opportunities
CHANHASSEN, Minn., Sept. 12, 2022 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that it has now closed on the previously announced agreement to sale-leaseback an additional five properties, bringing its year-to-date sale-leaseback transactions to nine properties totaling $375 million in gross proceeds.
The sale and leaseback of the additional five properties was completed on September 9, 2022, for $200 million in gross proceeds to Life Time. The Company expects to use the net proceeds both to pay down debt and maintain cash on the balance sheet to fund future growth. Additional details were not disclosed.
The Company previously announced details regarding the sale and leaseback of the first four properties on May 16, 2022:
- The sale and leaseback of two properties closed on March 25, 2022, for approximately $80 million in gross proceeds to Life Time.
- The sale and leaseback of two properties closed on May 13, 2022, for approximately $95 million in gross proceeds.
Finally, as announced with its second quarter fiscal 2022 results on August 10, 2022, the Company also is evaluating opportunities to monetize up to an additional $300 million in real estate prior to end of the year. These transactions would bring the total gross proceeds for sale-leasebacks in 2022 to approximately $675 million.
Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its portfolio of nearly 160 athletic country clubs across the United States and Canada. The Company's healthy way of life communities address all aspects of healthy living, healthy aging and healthy entertainment for those 90 days to 90+ years with integrity and respect for everyone. With a team of more than 30,000, Life Time is committed to providing the best programs and experiences through its athletic country clubs, iconic athletic events and via a complementary and comprehensive digital platform.
Certain statements contained in this press release constitute "forward-looking statements" within the meaning of federal securities regulations, including with respect to the execution and closure of future sale-leaseback transactions (including the amount, pricing, timing and use of proceeds thereof) as well as Life Time's expectations, guidance or future operating results. These statements are based on the beliefs and assumptions of the Company's management. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning the Company's possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. Any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. Several factors could cause actual results to differ materially from those forward-looking statements included in this press release, including the factors discussed under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission (the "SEC") on March 10, 2022 (File No. 001-40887), as such factors may be updated from time to time in the Company's other filings with the SEC, which are accessible on the SEC's website at www.sec.gov. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement that the Company makes in this press release speaks only as of the date of such statement. Except as required by law, the Company does not have any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Life Time Group Holdings, Inc. | https://www.kxii.com/prnewswire/2022/09/12/life-time-closes-200-million-sale-leaseback-transactions-bringing-year-to-date-total-375-million/ | 2022-09-12T12:15:24Z |
Cadets and senior members from the Temple-based Bell County Composite Squadron of the Civil Air Patrol got to experience a simulated helicopter flight during a recent visit to Fort Hood.
The group of 10 cadets and four senior members visited the UH-60 Blackhawk and CH-47 Chinook simulators on June 3.
“The cadets have been learning concepts of aerodynamics and flight through their Aerospace Program lessons, and were shown how helicopters and their flight controls work, and the differences between them and fixed-wing aircraft,” the Civil Air Patrol said in a news release.
Each cadet took the copilot’s seat and was able to operate a flight in the Blackhawk and Chinook simulators. Cadets took off from the airport and flew around the local area and landed the simulator with the assistance of the simulator instructors.
Maj. Brad Whitacre, the squadron commander, said the simulator visit will aid cadets.
“This helps every cadet practically apply the theory taught in their aerospace books, introducing them to the many career fields available in the world of aviation,” he said in a news release. “Events like this motivate cadets to expand their horizons and attracts new members to join our Civil Air Patrol Team.” | https://www.tdtnews.com/news/central_texas_news/article_38e11fbe-e9fd-11ec-b504-4b79c78aba85.html | 2022-06-12T06:21:54Z |
PLYMOUTH, Wis., Aug. 10, 2022 /PRNewswire/ -- Sargento Foods Inc. is pleased to announce an official partnership with NASCAR® driver Josh Bilicki. Sargento will sponsor Bilicki during the NASCAR Xfinity Series races at Watkins Glen Raceway in Watkins Glen, New York on August 20, 2022.
During a NASCAR race on July 2 at Road America in Elkhart Lake, Wisconsin – where Sargento is the Official Cheese partner – an incident occurred that resulted in Bilicki's car carrying Sargento branding through the race. This unexpected collision - without injury - prompted this exciting partnership, bringing the Wisconsin-based company and racecar driver together. Bilicki and Sargento will be joining forces and surely making their home state of Wisconsin proud at the upcoming race.
"I am excited for this opportunity to partner with Sargento at Watkins Glen Raceway this August," said Bilicki. "As a native Wisconsinite, I have enjoyed Sargento products for many years. I am a true believer that everything happens for a reason, including my recent run in with the Sargento sign. I am thankful to be welcomed into the Sargento family and to represent a Wisconsin-based company in my upcoming race."
"Sargento has been a long-time partner of Road America and we are proud to have this iconic landmark in our own backyard," said Louie Gentine, CEO of Sargento. "When we saw our sign on the front of Josh's car, we had the same reaction as many others. We like to have fun so, we're excited to partner with the Wisconsin native for this upcoming race."
Sargento will be Bilicki's primary sponsor at the NASCAR Xfinity Series races in Watkins Glen, New York on August 20, where Sargento branding will be prominently featured on Bilicki's Chevrolet Camaro racecar. Fans can follow Sargento on Instagram @sargentocheese and on Twitter @SargentoCheese for behind-the-scenes content leading up to the race and for the opportunity to win an autographed photo of Bilicki.
About Sargento Foods Inc.
With over 2,000 employees and net sales of $1.5 billion, Sargento Foods is a family-owned company that has been a leader in cheese for more than 65 years. Founded in 1953 in Plymouth, Wisconsin, Sargento is proud to be the company that successfully introduced America to pre-packaged sliced and shredded natural cheeses and cheese blends. Today, Sargento Foods is still based in Wisconsin, where they manufacture and market amazing shredded, sliced and snack natural cheese products, as well as ingredients and sauces. Company leadership lives to serve local communities and employees, whom they refer to as the Sargento Family. www.sargento.com
About Josh Bilicki:
Josh Bilicki began his racing career at the early age of four when he got behind the wheel of a go-kart for the first time at Badger Kart Club in Wisconsin. After over ten years of success across multiple different karting categories, including shifter karts, Bilicki transitioned to full-size cars at age 14. After multiple years racing sportscars at an amateur rank, Bilicki made his professional racing debut in IMSA in 2015. After spending a year racing in IMSA and the Trans-Am Series, Bilicki made his NASCAR debut at his home track of Road America in 2016.
Bilicki made his first NASCAR Cup Series start at Sonoma Raceway in 2017. 2021 marked Bilicki's first season in the Cup Series. For the 2022 season, Bilicki makes the move to Spire Motorsports in the NASCAR Cup Series and has also added multiple NASCAR Xfinity Series races to his schedule with Alpha Prime Racing.
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SOURCE Sargento Foods | https://www.mysuncoast.com/prnewswire/2022/08/10/sargento-foods-inc-teams-up-with-nascar-driver-josh-bilicki-after-he-collided-with-sargento-signage-during-recent-race-wisconsin/ | 2022-08-10T14:08:02Z |
OKLAHOMA CITY, July 26, 2022 /PRNewswire/ -- Moleculera Labs, Inc. (Moleculera) and General Genomics, Inc. (GGI) announce the formation of a strategic alliance between the two companies. GGI will bring the power of multiple patent-pending healthcare machine learning (ML) and artificial intelligence (AI) innovations to direct individualized healthcare via their Curo46™ Engine. Moleculera will contribute its knowledge and expertise in autoimmune neuropsychiatric disorders, along with one of the largest collections of patient data, utilizing Moleculera Labs' Autoimmune Encephalopathy and Basal Ganglia Encephalitis Panel (AE/BGE) also known as the Cunningham Panel™. This blood panel identifies levels of autoantibodies that attack the brain and central nervous system that are associated with certain neurologic, psychiatric, and behavioral disorders.
Moleculera Labs, Inc. is a precision medicine company focused on identifying the underlying root of neurologic, psychiatric, and behavioral disorders. The company has tested over 13,000 patients suffering from Autoimmune Encephalopathy and Basal Ganglia Encephalitis (AE/BGE) such as PANDAS (Pediatric Autoimmune Neuropsychiatric Disorder Associated with Streptococci) and PANS (Pediatric Acute-onset Neuropsychiatric Syndrome), portions of autism spectrum disorders (ASD), ADD/ADHD, chronic depression, and anxiety disorders. Patients may be characterized by obsessive compulsive disorders, anxiety, food restriction, phobia, depression, and a host of other symptoms. The sudden onset of these symptoms has been associated with common infections that result in cross-reactive autoantibodies directed against portions of the brain, in particular the basal ganglia.
"The brain is the last frontier of medicine," says Craig Shimasaki, PhD, MBA, Co-Founder and CEO of Moleculera Labs. "We have learned through research and clinical testing, that if a patient's neurologic or psychiatric symptoms are a result of an underlying autoimmune dysfunction, traditional psychotropic drugs are often ineffective, and sometimes can contribute to worsening symptoms. Whereas, these patients respond to anti-infectives, anti-inflammatory and immune modulatory treatments, but the next advancement would be if we could predict which treatments would be most effective prior to use."
General Genomics leverages multiple sources of data, including health history, test results, and other relevant information with its proprietary artificial intelligence expertise to understand an individuals' risk for disease, illness, and the probability of treatment success, efficacy, and side effects. Their Curo46 engine's unique algorithms identify complex relationships and meaningful patterns, based on millions of variables, and based upon current models is designed to determine risks of specific illnesses.
"Historically, the disciplines of medicine and biology have not intersected with mathematical sciences and engineering," said Shimasaki. "Typically, medical treatment of disease utilizes best practices, a process of elimination, and trial and error until the disease is resolved. General Genomics' artificial intelligence capabilities will add predictive power to the data we collect from our patients, along with the results of the Cunningham Panel. Our goal is to offer physicians data-backed insights into treatment options with a probability of success based upon the thousands of previous patient outcomes. This strategic alliance would result in better precision medicine tools for diagnosing and treating neuropsychiatric disorders and assist clinicians in identifying the highest probability of treatment success, reducing the need for trial and error."
General Genomics, Inc. is a cutting-edge bioinformatics, AI and machine learning organization founded by former General Electric (GE) and Baker Hughes AI engineers. The company is applying its AI expertise into the medical and health sectors for critical diseases and disorders. See www.ggenomics.com.
Moleculera Labs is a precision medicine company focused on understanding the biological roots and testing for autoimmune neuropsychiatric disorders. Moleculera Labs was spun out of the University of Oklahoma Health Sciences Center and operates a full CLIA, and COLA certified clinical laboratory in Oklahoma City where it performs the Cunningham Panel for clinicians throughout the United States and globally. See www.moleculeralabs.com.
Jeffrey Rothchild
CMO General Genomics, Inc.
jeffrey@curo46.com
phone: (435) 513-0774
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SOURCE Moleculera Labs | https://www.mysuncoast.com/prnewswire/2022/07/26/moleculera-labs-general-genomics-form-strategic-alliance-utilize-proprietary-ai-provide-personalized-medicine-autoimmune-neuropsychiatric-disorders/ | 2022-07-26T13:25:35Z |
WASHINGTON (AP) — There’s no reason for China and the U.S. “to come to blows” should House Speaker Nancy Pelosi visit Taiwan during an Asia trip she is expected to make soon, the White House said Friday, underscoring the international tensions surrounding her travel plans.
The remarks by National Security Council spokesman John Kirby came as Pelosi, D-Calif., offered a rationale for a visit to Asia that she had yet to publicly acknowledge. Kirby was asked Friday if the U.S. has noticed any Chinese military preparations due to her travel plans.
“There’s no reason for it to come to that, to come to blows, to come to increased physical tension,” Kirby said at the White House. “There’s no reason for that because there’s been no change in American policy with respect to One China.”
Seeming to stop just short of saying she would travel there, Pelosi said, “I’m very excited that should we go to the countries, that you’ll be hearing about along the way about the conversations” she would have there.
She noted President Joe Biden’s focus on Asia and referenced his recent trip to South Korea and Japan, telling reporters, “He has visited there, his vice president has visited, the secretary of commerce and others. And we want the Congress of the United States to be part of that initiative.”
Pelosi and her aides have not confirmed her travel plans or named the countries she might visit, citing security concerns. China considers Taiwan its own territory and has said it might reclaim the island democracy by force.
For more than four decades, the U.S. has followed a “one China” policy in which it recognizes Beijing as the government of China yet maintains informal relations and defense ties with Taiwan.
China has objected strenuously to any Taiwan visit by Pelosi, warning of “resolute and strong measures” if she does.
Biden said earlier this month that the Pentagon thinks a Pelosi trip to Taiwan is “not a good idea right now.” Senior defense officials who briefed reporters on Friday declined to discuss any potential preparations for a trip.
Biden has designed his foreign policy in part around countering China’s growing economic and military might. Pelosi’s itinerary has also become a domestic political issue, with some Republicans urging her to visit Taiwan as a show of standing up to Beijing.
Kirby said Friday that Pelosi “does not need nor nor do we offer approval or disapproval” for travel. And he said, “The speaker is entitled to travel aboard a military aircraft.”
The military routinely supplies aircraft for travel by lawmakers, which presidents have the rarely used authority to deny. In a highly unusual move, then-President Donald Trump blocked Pelosi and other lawmakers from using a military plane to visit Afghanistan during a 2019 battle over a government shutdown and after she told him to delay his State of the Union address. | https://cw33.com/news/politics/ap-politics/white-house-no-need-for-tensions-if-pelosi-visits-taiwan/ | 2022-07-30T17:48:49Z |
Beach City fire chief's wife convicted of theft, took $5,000 from Firemen's Association
BEACH CITY – The Beach City fire chief's wife has been convicted of stealing more than $5,000 from the Beach City Firemen's Association.
Heather J. Anderson, 44, of Beach City, was charged with theft, a fifth-degree felony on May 9, according to records filed in Massillon Municipal Court. Anderson is married to Beach City Fire Chief Bill Anderson.
Heather Anderson appeared in court alongside defense attorney Anthony Koukoutas on Sept. 7 and entered a no contest plea a reduced charge of first-degree misdemeanor theft.
More Beach City news:First Lutheran Church in Beach City struck by lightning, steeple damaged
Judge Joel Fichter sentenced Anderson to 40 hours of community service and 180 days in jail, with all days suspended. He also ordered her to pay restitution to the victims in the amount of $4,109 immediately, according to court records.
According to a complaint filed by the Stark County Sheriff's Office, Anderson took $5,363.73 from the association's bank account while managing it for personal use. The account also accrued $140 in overdraft fees as a result of the theft, the complaint said.
A message seeking comment was left Tuesday with Heather Anderson. Fire Chief Bill Anderson and members of the Beach City Firemen's Association also could not be reached.
Reach Cassandra cnist@gannett.com; Follow on Twitter @Cassienist | https://www.cantonrep.com/story/news/crime/2022/09/14/beach-city-fire-chiefs-wife-guilty-of-stealing-from-fire-association/69492552007/ | 2022-09-14T14:31:22Z |
Dr. Reza Alavi joins DispatchHealth as President of Advanced Care
DENVER, June 16, 2022 /PRNewswire/ -- DispatchHealth, the nation's first comprehensive in-home medical care provider, is elevating its commitment to growth and innovation with the addition of a new executive leader. Dr. Reza Alavi has joined as president of Advanced Care, the organization's hospital substitution model. DispatchHealth co-founder and CEO Dr. Mark Prather says, "Advanced Care has led the industry in providing health plans and health system partners alternatives to hospitalization for their patients and members. I am confident our unique care model will rise to the next level under Dr. Alavi's leadership."
DispatchHealth is the only healthcare provider of its kind to work with Medicare Advantage and commercial plan partners, opening the door to advanced levels of care at home for more Americans, many of whom struggle with access and mobility issues. Dr. Alavi says, "I find DispatchHealth's unique care model energizing. Particularly considering it's the only offering to give commercial health plans the opportunity to extend advanced level care at home to the more than 65% of Americans with private insurance."
Today, DispatchHealth's Advanced Care service line facilitates care for the top 49 diagnostic-related groupings in 10 cities, including Denver, Tacoma, Phoenix, Seattle, Houston, Las Vegas, Atlanta, Richmond, Dallas, and Fort Worth. Dr. Alavi explains, "Having providers in the home allows for greater depth in the level of care we offer. And unique to our organization, we routinely treat patients who score a five on the Charleson Comorbidity Index."
A recognized expert in clinical transformation, Dr. Alavi previously served as vice president and national medical director at Optum, where he led institutional affordability efforts for Optum Care. Dr. Alavi focused on creating and scaling a portfolio of clinical programs across the continuum of care that produced industry-leading results in avoidable admissions and hospital readmissions. He has devoted more than a decade to medical interventions that decant unnecessary, preventable care from hospital settings. But, he adds, "What gets me excited about DispatchHealth's model of care is that it goes beyond other home-based offerings and, at maturity, has the power to purge billions of dollars from our country's unsustainable four trillion-dollar costs of medicine."
In 2022, healthcare finds itself at a crossroads. The industry faces consumerism, workforce shortages, the push toward value-based payment models, and dangerously scarce healthcare in rural America. Dr. Prather adds, "Our growing national footprint enables innovative collaboration and gives partner organizations multiple avenues for 'right-sizing' care while maintaining superior quality and patient satisfaction. DispatchHealth is proud to be leading the shift in care at such a pivotal time for healthcare."
DispatchHealth brings the power of the hospital to the comfort of the home. DispatchHealth is building the world's largest in-home care system and offers on-demand acute care and an advanced level of medical care for people of all ages in the comfort of their own homes. At its current growth rate, DispatchHealth will generate more than $2B in medical cost savings by 2023. DispatchHealth's emergency and internal medicine trained teams are equipped with all the tools necessary to treat common to complex injuries and illnesses. DispatchHealth works closely with payers, providers, health systems, EMS, employer groups and others to reduce unnecessary emergency room visits, hospital stays and readmissions. Acute Care medical teams are available seven days a week, evenings, and holidays, and can be requested online or with a quick phone call. DispatchHealth is partnered with most major insurance companies. For more information, visit www.DispatchHealth.com.
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SOURCE DispatchHealth | https://www.mysuncoast.com/prnewswire/2022/06/16/dispatchhealth-elevates-its-commitment-complex-medical-care-home-with-addition-new-executive-leader/ | 2022-06-16T18:42:30Z |
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