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When Vice President Harris has appeared before audiences around the country in recent days, she has posed a question asked by would-be voters: “Why should I vote?”
Harris has told the crowds publicly — and has reiterated to aides privately — that Democrats have to give them a good answer that will lure them to the polls.
During addresses in Texas and Massachusetts this week, she ticked off a string of reasons, from democracy being at stake to abortion rights. And in some speeches this summer, she has also directly taken on policies by Texas Gov. Greg Abbott (R) and Florida Gov. Ron DeSantis (R).
“There are, as there have always been, forces that stand in our way. Forces that oppose … even the most commonsense gun safety proposals,” Harris said during a July speech at the Alpha Kappa Alpha sorority convention in Orlando. “Forces that include extremist, so-called leaders, who instead of expanding rights work to restrict rights.”
President Biden and Harris have both struggled with low approval ratings, raising real questions about how much help they can provide to Democratic candidates in the House and Senate. So far, the two have not appeared alongside candidates in key races in Georgia, Pennsylvania and Arizona.
Republicans, for their part, have gone on the attack against the president and the vice president.
Georgia GOP Senate candidate Herschel Walker this week used Harris to go after Democrats on the issue of race, saying in a new ad that she and others were seeking to use “race to divide us.” Harris and Biden were featured prominently in the ad.
But other Democrats say they believe Harris can be an effective voice in getting Democrats to the polls by touring the country and giving the grassroots a sense of the stakes at play.
One source who has advised Harris questioned her effectiveness in certain states.
“I doubt she’ll be the messenger deployed to win over swing states,” the source said.
But the source and others in her orbit said Harris can be very effective in broader get-out-the-vote events and in helping to keep abortion rights front and center — as well as in fundraising efforts.
Harris has been crisscrossing the country and appearing at events to appeal to various voting blocs.
She traveled to Houston on Thursday to deliver remarks at the National Baptist Convention. In August, she traveled to Boston for a conversation on reproductive rights with Republican Massachusetts Gov. Charlie Baker and to Las Vegas for remarks at a steelworkers union convention.
On Saturday, Harris will speak at the Democratic National Committee’s summer meeting in Maryland, and on Sunday, she’ll appear on NBC’s “Meet the Press” in an interview she recorded on Friday.
A source close to Harris said her appearances are about “rallying not just the base, but about bringing other people in.”
Her appearances, the source said, are “not just the big speeches” — like the one she delivered to steelworkers in Nevada last month — but the more personal “touches,” the source added, pointing to the vice president’s meetings with Hispanic lawmakers on the heels of the Supreme Court overturning Roe v. Wade.
Harris has consistently tied in meetings about reproductive rights in her political travels.
In Las Vegas, she tacked on a meeting with state legislators on abortion issues while visiting the city for the steelworkers union speech.
Harris has been a leading voice from the administration on reproductive rights following the Supreme Court decision overturning Roe v. Wade, and she’s met with local leaders and advocates to discuss the issue in Florida, Pennsylvania, New Jersey, North Carolina, Virginia, Indiana and Massachusetts, among other states.
Democrats this cycle are hopeful that abortion is an issue that will bring voters out in November and maybe attract additional votes from independents or moderate Republicans, especially in states where leaders are passing restrictive abortion laws.
Antjuan Seawright, a Democratic strategist, sees Harris as the right person to lean into that strategy on the trail.
“She is really giving a real voice to some of the issues that women are facing in this country, whether they supported the ticket or not,” he said. “I think her voice is so magnetic that it’s going to attract a wide range of followers, amplifiers and supporters.”
Since the start of her tenure as vice president, some Democrats said they had been underwhelmed by Harris’s lack of a policy portfolio and her presence on the national stage overall. Her approval ratings have hovered below 40 percent, and she has been plagued by a constant revolving door of staffers.
There continue to be questions about whether she could successfully run for president should Biden choose against a second term. Biden has insisted he intends to run for office again, and Harris has said she will work for his reelection.
An August poll from her home state of California found voters would prefer their governor, Gavin Newsom (D), in the 2024 Democratic presidential primary over Harris. In another poll last month, Harris trailed former President Trump by 7 percentage points in a hypothetical 2024 presidential match-up.
Still, Democratic strategists argue that she is an asset on the campaign trail for this midterm cycle, and she is focused on helping Democrats hold onto Congress and expand their majority.
Democratic strategist Eddie Vale said Harris can serve as a “closer” of sorts who will appeal to women.
“I think that there’s not an issue that she cannot take on or talk about. What she is doing now, I think, is very intentional. She is out updating and educating people on one, the things we have done and two, how high the stakes are,” Seawright said.
He added that she’s a team player and said she is doing what makes sense for Democrats this cycle, “and is not necessarily playing a selfish role in terms of what she can do to be helpful.” | https://cw33.com/hill-politics/desantis-democracy-abortion-how-kamala-harris-is-trying-to-convince-people-to-vote/ | 2022-09-12T22:09:21Z |
A gunman who killed his surgeon and three other people at a Tulsa medical office blamed the doctor for his continuing pain after a recent back operation and bought an AR-style rifle just hours before the rampage, police said Thursday.
The gunman called the clinic repeatedly complaining of pain and specifically targeted the doctor who performed the surgery, Tulsa Police Chief Wendell Franklin said.
That physician, Dr. Preston Phillips, was killed Wednesday, along with Dr. Stephanie Husen, receptionist Amanda Glenn and patient William Love, police said. The attack occurred on the campus of Saint Francis Health System in Tulsa. The chief identified the shooter as Michael Louis, 45, of Muskogee, Oklahoma.
It was the latest in a series of mass shootings in United States including the deadly school shooting in Uvalde, Texas, and an attack on a supermarket in Buffalo, New York. The recent Memorial Day weekend saw multiple mass shootings nationwide, including at an outdoor festival in Taft, Oklahoma, 45 miles from Tulsa, even as single-death incidents accounted for most gun fatalities.
President Joe Biden plans to talk about the killings in an evening address and call on Congress to pass restrictions on guns.
Louis carried a letter that said he was targeting Phillips, Franklin said. The letter “made it clear that he came in with the intent to kill Dr. Phillips and anyone who got in his way,” Franklin said. “He blamed Dr. Phillips for the ongoing pain following the surgery.”
A phone number listed for an address for a Michael Louis in Muskogee was not working Thursday.
Phillips was an orthopedic surgeon with an interest in spinal surgery and joint reconstruction, according to a profile on the clinic’s website. He once served as lead physician for Tulsa’s WNBA team before the franchise moved out of state, according to the Tulsa World.
Dr. Cliff Robertson, president and CEO of Saint Francis Health System, called Phillips a “consummate gentleman” and “a man that we should all strive to emulate.” He said the three employees who were killed were “the three best people in the entire world” and that they “didn’t deserve to die this way.”
Police have received reports that Love, the lone patient among those killed, held a door shut in hopes of allowing others to flee from the gunman through another door, Franklin said in response to reporters’ questions.
Police believe Louis bought his weapons legally, Franklin said. Louis bought an AR-style semi-automatic rifle on the afternoon of the shooting and a handgun on Sunday, the police chief said.
Franklin praised the law enforcement officers, 911 operators and emergency for their “immediate response” to the attack Wednesday. Police responded to the call about three minutes after dispatchers received the report at 4:52 p.m. and made contact with the gunman at 5:01 p.m., authorities said Wednesday.
“Our training led us to take immediate action without hesitation,” he said. “That’s exactly what officers do and that’s what they did in this instance.”
The length of time it took police officers in Uvalde, Texas, to engage the gunman during last week’s deadly school shooting at Robb Elementary School has become a key focus of that investigation. Officers waited over an hour to breach the classroom where the 18-year-old gunman attacked with an AR-style semi-automatic rifle, killing 19 children and two teachers.
Democratic leaders have amplified their calls for greater restrictions on guns since the Uvalde shooting, while Republicans are emphasizing more security at schools. The divide mirrors a partisan split that has stymied action in Congress and many state capitols over how best to respond to a record-high number of gun-related deaths in the U.S.
Oklahoma House Democrats on Thursday called for a special session to consider gun safety legislation, but that’s unlikely to happen in a GOP-controlled Legislature that has been pushing for years to loosen firearms restrictions.
Republican Gov. Kevin Stitt, who is running for reelection, said last week after the Texas shooting that it was too soon to talk about firearms policy. A pro-firearms group, the Oklahoma 2nd Amendment Association, is an influential force at the state Capitol, and the first bill Stitt signed into law after taking office in 2019 was a measure that allows most adults to openly carry firearms without the previously required background check or training.
Since January, there have been 12 shootings where four or more people have been killed, according to The Associated Press/USA TODAY/Northeastern University mass killing database. Those shootings have left 76 dead, including 35 adults and children in Buffalo, Uvalde and Tulsa, the database says. The death toll does not include the suspects in the shootings. | https://www.tdtnews.com/news/article_97374ab2-e2b3-11ec-a4f7-a77f4294b84a.html | 2022-06-03T05:01:53Z |
FOSHAN, China, Aug. 3, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced that it has redeemed all of its outstanding senior notes matured (the "Redemption") on July 31, 2022 (the "Maturity Date"). The redemption price included the principal amount of all outstanding Senior Notes of US$223,984,000 and the interest of US$8,343,404 accrued till the day before the Maturity Date. The redemption price paid by the Company on the Maturity Date is US$232,327,404.
The Company believes the Redemption will not have an adverse and material impact on its financial position. Upon the completion of the Redemption, all senior notes have been cancelled and delisted from the official list of the Hong Kong Stock Exchange.
About Bright Scholar Education Holdings Limited
Bright Scholar is a global premier education service company, which primarily provides quality international education to global students and equip them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. Bright Scholar also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company's business plans and development, which can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
IR Contact:
GCM Strategic Communications
Email: BEDU.IR@gcm.international
Media Contact:
Email: media@brightscholar.com
Phone: +86-757-6683-2507
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SOURCE Bright Scholar Education Holdings Ltd. | https://www.mysuncoast.com/prnewswire/2022/08/03/bright-scholar-completes-redemption-its-remaining-outstanding-745-senior-notes-due-2022/ | 2022-08-03T11:36:40Z |
INDIANAPOLIS, April 12, 2022 /PRNewswire/ -- Innovative Portfolios, LLC is promoting its two newly-launched exchange-traded funds (ETFs), the Dividend Performers ETF (IPDP) and Preferred-Plus ETF (IPPP) at EXCHANGE: An ETF EXPERIENCE—the 2022 conference in Miami Beach, Florida. One of the most recent examples of mutual funds converting to ETFs, IPDP and IPPP listed on the Cboe BZX Exchange on March 7, 2022.
Dave Gilreath, Managing Director and Chief Investment Officer of Innovative Portfolios, admits the firm is eager to promote its newly-converted funds at the ETF conference April 11-14. "We're proud of their 3-year track records as mutual funds and are excited about their conversion to ETFs. We believe they offer more transparency, tax efficiency, and lower fees as ETFs for investors who are seeking greater income generation."
Managing Director and Chief Financial Officer Ron Brock adds, "Active management and our focus on income—through dividends and option overlays—should be big differentiators for these two new ETFs. And their conversion from mutual funds means they are more readily accessible to investors."
The Dividend Performers ETF (IPDP) invests in primarily large-capitalization common stocks of dividend-paying U.S. companies, with an option overlay that seeks to enhance overall distributions to shareholders. Dividend Performers ranked 1st out of 11 funds in Morningstar's category of U.S. Derivative Income and 1st out of 8 funds in the same category, based on NAV total return for the one- and three-year periods, respectively, ending 3/31/22.
The Preferred-Plus ETF (IPPP) invests in U.S. preferred stocks with the goal of offering dividend income. The strategy also includes an option overlay feature in an effort to provide incremental income to investors. Preferred-Plus ranked 2nd out of 19 funds and 2nd out of 15 funds in Morningstar's U.S. Preferred Stock category for the one- and three-year periods, respectively, ending 3/31/22, based on NAV total return.
Innovative Portfolios is an institutional-level money management firm backed by the knowledge and resources of an experienced team. By employing option-based overlay portfolio strategies and diversified underlying portfolios, Innovative Portfolios makes this type of strategy available to retail investors.
Cboe BZX Exchange is a premier marketplace for exchange-traded products (ETPs) globally, and the fastest-growing ETP exchange with more than 600 ETPs listed from over 60 issuers around the world.
About Innovative Portfolios, LLC:
Based in Indianapolis, Indiana, Innovative Portfolios provides strategic investment solutions to RIAs and institutional clients, with sales team members located throughout the United States. Innovative Portfolios Principal Dave Gilreath is a contributor of investment commentary to CNBC.com, FA Financial Advisor, Fox Business, and TD Ameritrade Network. Visit innovativeportfolios.com for more information.
DISCLOSURES
Innovative Portfolios, LLC is investment advisor to Preferred-Plus ETF and Dividend Performers ETF.
Carefully consider the Fund's investment objective, risk factors, charges and expenses before investing. This and additional information can be found in the Preferred-Plus ETF and Dividend Performers ETF prospectus, which can be obtained by calling 800 617-0004 or by visiting Innovativeportfolios.com. Please read the prospectus carefully before investing.
The performance data quoted represents past performance; past performance does not guarantee future results. Prior to March 7, 2022, listing date, the ETFs operated as a mutual funds.
Investing in the Funds involves risk. The Funds may invest in options. All investment strategies carry risk, and transactions in options may carry a high degree of risk. Investors should carefully consider a Fund's risks and investment objectives as an investment in a Fund may not be appropriate for all investors and is not designed to be a complete investment program.
Derivative Securities Risk: The Fund invests in options that derive their performance from the performance of the S&P 500 Index. Derivatives, such as the options in which the Fund invests, can be volatile and involve various types and degrees of risks, depending upon the characteristics of a particular derivative. Derivatives may entail investment exposures that are greater than their cost would suggest, meaning that a small investment in a derivative could have a substantial impact on the performance of the Fund. The Fund could experience a loss if its derivatives do not perform as anticipated, or are not correlated with the performance of their underlying asset or if the Fund is unable to purchase or liquidate a position because of an illiquid secondary market. The market for many derivatives is, or suddenly can become, illiquid. Changes in liquidity may result in significant, rapid, and unpredictable changes in the prices for derivatives
Dividend-Paying Security Risk: Securities that pay high dividends as a group can fall out of favor with the market, causing these companies to underperform companies that do not pay high dividends. Also, companies owned by the Fund that have historically paid a dividend may reduce or discontinue their dividends, thus reducing the yield of the Fund.
REIT Risk: Investment in real estate companies, including REITs, exposes the Fund to the risks of owning real estate directly. Real estate is highly sensitive to general and local economic conditions and developments.
Preferred Security Risk: Preferred securities generally are subordinated to bonds and other debt instruments in a company's capital structure and therefore will be subject to greater credit risk than those debt instruments. In addition, but not limited to, preferred securities are subject to other risks, such as being called by the issuer before its stated maturity, subject to special redemption rights, having distributions deferred or skipped, rising interest rates causing the value to decline, having floating interest rates or dividends, and having limited liquidity. Preferred securities that do not have a maturity date are perpetual investments.
©2022 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Dividend Performers and Preferred-Plus ETFs are distributed by Foreside Fund Services, LLC.
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SOURCE Innovative Portfolios | https://www.mysuncoast.com/prnewswire/2022/04/12/innovative-portfolios-promotes-new-etfs-exchange-2022/ | 2022-04-12T19:17:45Z |
An Oklahoma County sheriff's deputy was killed and another was seriously injured after being shot while serving a court order at a residence, officials said.
Sgt. Bobby Swartz died from his injuries, and the other deputy is in stable condition after being rushed to the hospital, the sheriff's office wrote on its Facebook page.
"It is a sad day for the Oklahoma County Sheriff's Office," Sheriff Tommie Johnson III said during a news conference Monday as he held back tears.
The two deputies, described as veteran officers, were shot after interacting with the suspect as they served a lockout order, a directive from a court to leave a residence.
"We had two deputies that were serving papers, lockout papers, contacted the individual at the front door then went around to the back door and that is when the shooting began," Johnson said during the news conference.
When one deputy was shot, the other deputy tried to get the injured deputy away from the gunfire, and he was struck as well.
The suspect fled the scene and was eventually taken into custody after the pursuit ended at a Tinker Air Force Base entrance, according to the sheriff.
Tinker Air Force base officials sent their condolences to the sheriff's department and the families of the officers involved in the shooting, according to a statement.
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Covid-19 was third leading cause of death in the United States in 2021, CDC reports
By Jamie Gumbrecht, CNN
Covid-19 was the third leading cause of death in the United States in 2021, the US Centers for Disease Control and Prevention reported Friday. For the second consecutive year, it was third after heart disease and cancer.
One study released in CDC’s Morbidity and Mortality Weekly report showed the overall age-adjusted death rate for all causes increased by nearly 1% from 2020 to 2021. The data is still provisional, and based on data from CDC’s National Vital Statistics System.
A second report also showed that that differences in Covid-19 death rates decreased among most racial and ethnic groups. Disparities decreased by 14% to 40% for most groups, CDC said.
“The results of both studies highlight the need for greater effort to implement effective interventions,” the agency said in a statement. “We must work to ensure equal treatment in all communities in proportion to their need for effective interventions that can prevent excess COVID-19 deaths.”
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This is a breaking news story and will be updated. | https://localnews8.com/health/cnn-health/2022/04/22/covid-19-was-third-leading-cause-of-death-in-the-united-states-in-2021-cdc-reports-2/ | 2022-04-22T19:00:17Z |
NASA releases image of the Phantom Galaxy
(CNN) - Stunning new images produced by the Hubble Telescope and the James Webb Telescope showcase the Phantom Galaxy, a spiral of solar systems 32 million light-years away from Earth.
The galaxy is located in the constellation Pisces, according to the European Space Agency (ESA), which collaborates with NASA on both the Hubble Telescope and the James Webb Telescope.
The Phantom Galaxy, formally known as M74, is a kind of spiral galaxy known as a “grand design spiral.” This means that it has well-defined spiral arms, visibly winding out from the center in the newly released images.
The images were created using data from both the Hubble Telescope and the Webb Telescope. The Webb detected “delicate filaments of gas and dust” in the galaxy’s spiral arms, according to the ESA. The images also provide a clear look at the nuclear star cluster at the galaxy’s center, unclouded by gas.
The Webb telescope also used its Mid-InfraRed Instrument to examine the Phantom Galaxy as part of a project to understand the earliest phases of star formation, said the ESA.
While the Webb is best at observing infrared wavelengths, the Hubble has particularly sharp vision at ultraviolet and visible wavelengths, says the agency. This allowed it to reveal particularly bright areas of star formation, known as HII regions, in the Phantom Galaxy images.
The combination of data from both telescopes allowed scientists to gain an even deeper understanding of the Phantom Galaxy and to create spectacular images of the cosmos.
The Webb released its first high-resolution images just weeks ago in July. Bigger than the Hubble, the telescope is capable of observing extremely distant galaxies, allowing scientists to learn about early star formation. Hubble orbits the Earth but Webb orbits the sun, around 1 million miles away from
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/08/30/nasa-releases-image-phantom-galaxy/ | 2022-08-30T19:24:01Z |
Today Thirdwave is launching out of stealth with $7M in seed funding led by Framework Ventures
SAN FRANCISCO, Sept. 14, 2022 /PRNewswire/ -- Today Thirdwave, the blockchain discovery engine, announced its launch out of stealth and $7M in seed funding. Thirdwave focuses on providing business data and insights and enabling game developers to better understand, find, and retain customers.
Today's newly announced seed round was led by Framework Ventures, a VC firm known for its early entry into blockchain gaming (GameFi) and decentralized finance (DeFi). The round was also supported by other leading investors including Animoca Brands, Play Ventures, Shima Capital, Hustle Fund, and Oceans Ventures.
The blockchain environment – especially in the gaming world – has no window into the industry or customer insights that builders need. Therefore, Thirdwave has designed and built a platform that provides web3 companies, projects, DAOs, and protocols with this information for the first time. The Thirdwave product exists at the intersection of community, social, and on-chain data, giving web3 teams the first three-dimensional view into their customer analytics.
Thirdwave's founding team is composed of experts that have built and executed on many of the products that powered web2's shift from desktop to mobile. Co-founders, Peter Jonas and Matt Lorenzen, led the core team that launched and ran much of the games and mobile app strategy at Facebook, growing it into a global multibillion dollar business unit.
"We believe this wave of innovation represents one of the greatest opportunities in the history of gaming," shared Thirdwave's Co-Founder, Peter Jonas. "Blockchain offers game developers and players shared ownership and as a result true alignment for the first time. Despite this incredible opportunity in front of the industry much of the infrastructure needed for developers to be successful has yet to be built – this is where Thirdwave comes in."
Thirdwave is creating key infrastructure and tools that will give game developers and web3 builders a deeper understanding of the market they compete in, a clearer view of the customers they care about, and a tangible way to attract and retain high value customers.
Over the next decade, gaming will be one of the largest onramps for new people entering the blockchain space. Currently there are 3.2B+ gamers worldwide, a demographic almost 10x greater than the number of current global cryptocurrency owners. In order for blockchain gaming projects to be successful, someone must build the proper infrastructure and that's where Thirdwave comes in. Thirdwave is the only company in the space transforming raw data – including on-chain activity, customer data, social channel data, website analytics, industry benchmarks, and more – into insights that businesses need.
Here's what Michael Anderson, Partner and the Co–Founder at Framework Ventures, shared on why he invested, "Today's web3 developers don't have access to meaningful customer data insights, which in turn creates major inefficiencies in the building process" said Michael Anderson, co-founder of Framework Ventures. "With their past experience building and scaling data discovery engines for consumer giants like Facebook, we think Thirdwave is positioned to give web3 projects, especially in the gamefi space, the ability to truly understand their users."
Thirdwave will use this new seed funding for building out key elements of their discovery engine. This includes scaling and data features, which will further shape the level of insights customers have access to providing more sophisticated on-chain analytics, deep community, and data web integrations, benchmarking tools, and project specific dashboards.
Over the coming months, Thirdwave will be sharing more updates on their effort to accelerate the transition to the ownership economy. To follow along and learn more about Thirdwave's product, mission, and vision please visit https://thirdwavelabs.com/.
Get the insights you need. Take the actions that matter. Thirdwave enables teams to understand, find, and retain their best customers by providing key infrastructure and tools to drive growth with the first blockchain discovery engine.
Thirdwave is backed by leading investors such as Framework Ventures, Animoca Brands, Play Ventures, Shima Capital, Hustle Fund, and Oceans Ventures. For more information please visit thirdwavelabs.com, and connect with us on LinkedIn and Twitter.
CONTACT: Six Eastern, tenaya@sixeastern.com
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SOURCE Thirdwave | https://www.wibw.com/prnewswire/2022/09/14/announcing-thirdwave-first-blockchain-discovery-engine/ | 2022-09-14T17:57:56Z |
HONG KONG, June 7, 2022 /PRNewswire/ -- Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, recently completed a nearly RMB10 million (USD1.48 million) seed round with BlueRun Ventures China (BRV China) as the sole investor. The financing closes as the Nanjing-based start-up unveils ZG-ONE, its pioneering eVTOL aircraft product for low-altitude tourism. The Zerog is the only publicly known eVTOL firm in China that is simultaneously developing eVTOL aircraft with three configurations: multi-rotor, composite wing and tiltrotor.
Established in March 2021 by Xiang Jinwu, the Dean of the School of Aeronautic Science and Engineering in Beihang University and a leading academic at the Chinese Academy of Engineering, Zerog's first generation eVTOL aircraft ZG-ONE adopts a six-axis and six-paddle configuration, weighs 650kg and can carry two people. This model is directed for production with delivery scheduled on the second half of the year in small batches. In addition to providing travel services, ZG-ONE is fully functional in multiple scenarios such as logistics and transportation, emergency rescue and geological exploration.
Along with steadily rising demand, the global market for eVTOL aircraft is projected to grow from an estimated USD 8.5 billion in 2021 to as much as USD 30.8 billion by 2030, at a CAGR of 15.3% during the forecast period, according to a research report published by MarketsandMarkets™. Morgan Stanley estimates the market for urban air mobility (UAM) to hit USD 1 trillion by 2040 of which the Chinese market accounts for one quarter.
Stubborn urban traffic issues are propelling demand for alternative forms of transportation. UAM aircraft such as eVTOLs have then emerged as some practical substitutes. Some eVTOL aircraft are specialized for short trips which can skip road traffic in congested cities. Generally cheaper than helicopters operationally, they are the right tools in middle-mile and last-mile cargo delivery and medical services. As such, the demand for UAM in urban mobility applications is set to multiply in the years to come.
Terry Zhu, Managing Partner at BRV China, says: "In order for eVTOLs to fully flourish, there are certain complex technological thresholds to break through. The Zerog team possesses full-stack technical skills and product engineering capabilities. We are confident they can empower eVTOLs into much wider applications."
Zerog has established a presence in Hefei National High-tech Industry Development Zone. It is to launch the first production line of ZG-ONE in July with which mass production will be on the way. The firm already obtained a number of intended product orders. In Zerog's product lineup will be the second-generation composite wing model, the ZG-VC2, and the third-generation tilt-rotor model, the ZG-T6, which seats six people. Tilt-rotor aircraft are generally recognized as the most sophisticated eVTOLs in terms of technical development and can operate with the highest overall efficiency.
Mr. Zhu adds: "With an ever-growing urban population around the world, cities and metropolitans will inevitably look into UAM as complementary transportation as they seek reduction in pollution, improvement in connectivity, and easing strain on existing transport networks. As a signatory of the United Nations-supported Principles for Responsible Investment (PRI) program, we are focused on investing in innovative businesses that deliver positive environmental and social outcomes. Zerog is one such ESG-compliant investment."
"We can clearly see the development of UAM has reached a critical point in terms of technological advance, global capital market support and consumer demand. BRV China will continue to turn the spotlight on eVTOL investments across areas including products, business models and infrastructure," says Mr. Zhu.
The founding team of Zerog says: "With an initial specialization in eVOTLs, we aim to provide smarter, faster, safer and more cost-effective solutions in UAM. Our goal is to bring electric aircraft into life and contribute to the air industry of China and of the world."
About BRV China
BlueRun Ventures China (BRV China) is a leading early-stage venture firm in China with offices in Beijing and Shanghai. Having its heritage in Silicon Valley since 1998 and entered China in 2005, BRV China has managed over $1.5 billion through multiple USD and RMB funds, with over $1 billion cash distributions. BRV China focuses on investing in entrepreneurs who create a sustainable impact through technological innovations across enterprise services, transportation and smart machine, digital healthcare, and consumer technology sectors in China. The firm has invested in more than 150 portfolio companies, including Li Auto (NASDAQ: LI), QingCloud (688316.SH), WaterDrop (NYSE: WDH), Energy Monster (NASDAQ: EM), Mogujie/Meilishuo (NYSE: MOGU), Qudian (NYSE: QD), Ganji/58.com, PPTV, Guazi, Meishubao, Nanyan, Shanzhen, Gaussian Robotics, Yi Auto, Pinecone, etc. The firm has been recognized as the "No.1 Early-Stage Investment Firm" in China by Zero2IPO and ChinaVenture, and "Consistent Performing Venture Capital Fund Manager" by Preqin. For further information, please visit https://www.brv.com.cn/en/.
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SOURCE BRV China | https://www.mysuncoast.com/prnewswire/2022/06/07/brv-china-backed-evtol-start-up-zerog-closes-nearly-rmb10-million-seed-round/ | 2022-06-07T08:31:10Z |
Applications open to students from underrepresented racial and ethnic backgrounds who are pursuing careers in physical therapy
PHOENIX, June 1, 2022 /PRNewswire/ -- Rizing Tide, a foundation dedicated to creating a more racially diverse and inclusive physical therapy (PT) workforce, announced today that applications are now open for the 2022 Crest and Surge scholarship programs. This is the second year the scholarship grants are to be awarded to students of underrepresented backgrounds enrolled and pursuing careers in the PT field.
"The Rizing Tide Foundation has awarded scholarships to eight exceptional future physical therapists since our launch last year and we are thrilled to help bolster the next classes of Crest and Surge scholars this year," said Dr. Heidi Jannenga, PT, DPT, ATC, founder of Rizing Tide. "The ethnicity of students entering into and graduating from physical therapy programs continues to lack the diversity of the greater populations they seek to serve. The cost of education and the fear of mounting student debt are major barriers for BIPOC students applying and graduating from graduate school. Rizing Tide is trying to remove these barriers and raise the number of graduates from PT programs from underrepresented racial and ethnic backgrounds from 23% (rate in 2020) to be closer to roughly 40% to match the country's racial and ethnic distribution."
The 2022 application window for the Crest scholarship opens on June 1, 2022. The Crest scholarship is awarded to PT students of underrepresented racial or ethnic descent who are pursuing a Doctorate of Physical Therapy degree. Applicants must be either undergraduate students who have been accepted into graduate school, first or second year PT students currently enrolled in an accredited PT program, or PTAs entering a bridge PT program. Each Crest scholarship awards up to $14,000 to each student—and may be renewed twice.
The 2022 application window for the Surge scholarship opens on June 1, 2022. The Surge scholarship is awarded to graduating PT students or licensed physical therapists of underrepresented racial or ethnic descent who are entering a residency program. Each Surge scholarship awards a one-time payment of up to $10,000 to each student and is not open for renewal.
"In 2021, I was awarded the inaugural Crest scholarship and apart from the needed financial relief, I now have the support of a community of mentors in my profession, peers from around the country who are pursuing the same field as I am, and continuing educational opportunities through Rizing Tide to augment my PT education," said Ricardo Locci, recipient of the Crest scholarship and student at Northwestern University.
Applications for the Crest scholarship will be accepted through June 30, 2022. Applications for the Surge scholarship will be accepted through September 30, 2022. For more information on the Rizing Tide Foundation, including scholarship eligibility requirements, how to apply, and the selection process, visit: www.rizing-tide.com.
Rizing Tide was founded in 2020 by Dr. Heidi Jannenga, PT, DPT, ATC, to help bridge the diversity gap in the physical therapy profession. She is the co-founder of WebPT and a physical therapist with more than 25 years of experience in the rehab therapy industry. The foundation awards yearly scholarships to BIPOC therapists and PT students in an effort to make a meaningful, generational impact on the industry. Learn more at www.rizing-tide.com.
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SOURCE Rizing Tide | https://www.wibw.com/prnewswire/2022/06/01/rizing-tide-foundation-announces-opening-applications-crest-surge-scholarships-promote-diversity-amp-inclusion-physical-therapy/ | 2022-06-01T20:28:06Z |
STOCKHOLM, May 13, 2022 /PRNewswire/ -- RaySearch Laboratories AB (publ) releases preliminary figures for the first quarter of 2022. Order intake increases by 88 percent to SEK 273 (145) million, sales increase by 28 percent to SEK 208 (162) million and EBIT amounts to SEK 29 (12) million.
The higher turnover during the quarter is mainly due to the fact that the COVID-19 pandemic is subsiding, which has led to significantly improved market conditions and as a result, increased license sales.
Johan Löf, founder and CEO, RaySearch, says: "As we have communicated on several occasions, the pandemic has had a negative effect on RaySearch's sales. The strong order intake and the increased sales that we now see are a direct consequence of the declining effects of the pandemic."
This information is information that RaySearch Laboratories AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 2:50 pm CET on May 13, 2022.
For more information, please contact:
Johan Löf, founder and CEO, RaySearch Laboratories AB (publ)
Telephone: +46 (0) 8 510 530 00, johan.lof@raysearchlabs.com
Björn Hårdemark, interim CFO, RaySearch Laboratories AB (publ)
Telephone: +46 (0) 709 564 217, bjorn.hardemark@raysearchlabs.com
About RaySearch
RaySearch Laboratories AB (publ) is a medical technology company that develops innovative software solutions for improved cancer treatment. RaySearch markets the RayStation®* treatment planning system (TPS) and the oncology information system (OIS) RayCare®*. The most recent additions to the RaySearch product line are RayIntelligence® and RayCommand®*. RayIntelligence is an oncology analytics system (OAS) which enables cancer clinics to collect, structure and analyze data. RayCommand, a treatment control system (TCS), is designed to link the treatment machine and the treatment planning and oncology information systems.
RaySearch software is used by over 800 clinics in more than 40 countries. The company was founded in 2000 as a spin-off from the Karolinska Institute in Stockholm and the share has been listed on Nasdaq Stockholm since 2003. More information is available at raysearchlabs.com.
* Subject to regulatory clearance in some markets.
This information was brought to you by Cision http://news.cision.com
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SOURCE RaySearch Laboratories | https://www.wibw.com/prnewswire/2022/05/13/raysearch-releases-preliminary-resultat-first-quarter-2022/ | 2022-05-13T13:37:34Z |
HONG KONG, April 19, 2022 /PRNewswire/ -- Since the latest COVID-19 outbreak which started in March in Shanghai, China, Fosun Foundation has been promptly responding to the needs from the city's universities, hospitals, and communities. On April 1, Fosun Foundation initiated the "Community Support Action", and helped pave the last mile of logistics.
As of April 18, over 670,000 pieces of anti-epidemic packs and daily necessities, have been delivered to 315 communities in 14 districts including Putuo, Changning, Minhang, and Baoshan on both sides of the Huangpu River.
"We all live in a community, and we know what is in urgent need. But each community is different, so we are trying our best to match them precisely and running ahead of time," Li Haifeng, executive president of Fosun International and chairman of Fosun Foundation, said, "We are delivering the essentials to those who demand them most."
Recently, the epidemic prevention and control in Shanghai, where Fosun is based, is at a critical moment for epidemic prevention and control. Enterprises and charitable organizations are playing a significant role in tackling production issues and increasing transport capacity amid strong COVID-19 resurgence.
On April 15, more than 51,000 pieces of anti-epidemic goods departed from Fosun emergency materials distribution center in Baoshan District, a suburban area in the north of Shanghai. From checking-list to loading, staff there were as busy as in any of the past 35 days.
In the same afternoon, Hongqiao Community in Changning District close to the city center received 100 protective suits, 200 shoe-covers, 100 face-shields, 2,000 gloves, 100 surgical masks, as well as 300 COVID-19 rapid antigen testing kits. These were the second batch of "community support pack" delivered by Fosun Foundation, which were good enough for 20 volunteers working in this community for a week.
"Our volunteers are under fair protection now. Our residents also feel more safe and relieved," Told Mei Hai, head of resident committee of the Hongqiao community.
Hongqiao community consists of 1,860 units and a total of 3,345 inhabitants. Among them, 34.7% are elders. In the face of the current challenging epidemic situation, over 200 volunteers have been working in the front line, and there is a huge demand for the protective materials due to the shortage. On April 6, a resident contacted Fosun Foundation for help. The first batch of "community support pack" including 300 protective suits, 800 surgical masks and 300 hat-shields arrived the next day to support the community in fighting the epidemic.
In early April, in Weifang Xincun, a community located in Pudong New District, Chen Sisi led a 28-member volunteering team serving a residential building with 390 dwellers. At first the team owned only 10 protective suits, which required cleaning and disinfection, until the new sets donated by Fosun Foundation reached to her. "Fosun's timely delivery passes the courage of persistence to us," Chen described in a thank-you letter.
In another community in Pudong, Chen Xiao has organized a volunteer team and provided assistance to her neighbors. "Due to the shortage of protective materials, the delivery of 100 protective suits by Fosun Foundation to our community arrived just in time. We are very grateful that Fosun Foundation reached out a helping hand and donated anti-epidemic materials to help families in need," Chen said.
Many more communities, large or small across the city with 25 million population, are in the delivery list of Fosun Foundation's "Community Support Action" - 800 items for Wenyuanfang, 900 items for Da'an Garden, 190 items for Huacheng resident committee, etc. The action team has been working 24/7 in multiple distribution centers and on the road, ensuring numerous communities can receive the necessities as soon as possible.
"Many a little makes a mickle. By the streams of our continuous efforts, we are safeguarding our volunteers, safeguarding our residents, and safeguarding our great city," Li added.
About Fosun Foundation
Since its establishment, Fosun has been adhering to its core value of "Self-improvement, Teamwork, Performance and Contribution to Society", shouldering corporate social responsibilities and insisting on serving the society, the people and the nation. Founded in November 2012, Fosun Foundation's core businesses include disaster relief, poverty alleviation, healthcare, education, culture, art, youth entrepreneurship, etc. In 2021, Fosun Foundation was awarded "5A Social Organization".
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SOURCE Fosun | https://www.kxii.com/prnewswire/2022/04/19/paving-last-mile-fosun-foundation-delivers-essentials-hundreds-communities-shanghai/ | 2022-04-19T10:45:51Z |
Russia is readying a massive, new offensive in eastern Ukraine, hoping to reverse its fortunes on the battlefield after a catastrophic start to seven weeks of war.
A long convoy of combat vehicles has jammed highways across northeastern Ukraine in preparation for an attack that could begin within days, and the Kremlin has named a general known for overseeing Moscow's campaign in Syria to lead it.
A look at Russia's military objectives and challenges it faces.
A BOTCHED BLITZ
A failed Russian attempt to storm Kyiv and other big cities took a heavy toll in personnel and equipment, boosted morale in Ukraine and allowed it to rally broad international support.
"The myth about the invincibility of the Russian military as the second-most powerful in the world has been shattered to much surprise of the Ukrainians themselves," Ukrainian military expert Oleh Zhdanov told The Associated Press.
The flow of Western weapons into Ukraine and a growing popular resistance to Russian aggression will further raise the costs of war for Moscow.
President Vladimir Putin badly needs a quick battlefield victory to find an exit from what increasingly looks like a disastrous quagmire.
Russia's focus is turning to Ukraine's industrial heartland, known as the Donbas, where Moscow-backed separatists have been fighting Ukrainian government forces since the conflict there erupted shortly after the Kremlin's 2014 annexation of Ukraine's Crimean Peninsula.
"In the first round, Russia has lost face both politically and militarily," Zhdanov said. "It has done every possible stupid thing in the careless hope for a blitz ... but it will make the Russian attack in the next round even more furious."
REFOCUS AND REDEPLOYMENT
After their retreat from Kyiv, Chernihiv and Sumy, Russian forces pulled back to the territory of Belarus, Moscow's ally, as well as areas in western Russia to be rearmed and resupplied for the new offensive.
Retired British Gen. Sir Richard Barrons estimated the Russians have "probably lost about 25% of the ground forces they started out with in the sense that those have been units that have become noncombat effective."
"So they're amalgamating them, they're refitting them, they're reinforcing them and then moving them around," Barrons told AP.
Russia also was trying to move additional equipment from elsewhere and mobilize reservists in a desperate attempt to build a sufficient attack force, said Barrons, a co-chair of the consulting group Universal Defence & Security Solutions.
"They've had a beating, and they will have only a few weeks to get better," he said.
Recently, Russian troops have been seen rolling into eastern Ukraine to move into attack positions. A convoy stretched for about 13 kilometers (8 miles) on a highway east of Kharkiv, heading south toward Ukrainian lines near Izyum, a strategic road junction.
At the same time, Russian forces rushed to crush remaining pockets of Ukrainian resistance in Mariupol after besieging the vital Sea of Azov port for nearly 1 1/2 months.
The offensive is expected to start once Mariupol is fully under Russian control, and the troops pulled from areas near Kyiv, Chernihiv and Sumy complete their redeployment.
WILL A NEW COMMANDER MAKE THE DIFFERENCE?
Gen. Alexander Dvornikov was appointed the new military commander for the campaign in Ukraine. The 60-year-old soldier is one of Russia's most experienced officers, credited with leading Moscow's forces to victory in Syria in a ruthless campaign to shore up President Bashar Assad's regime in a civil war that saw entire cities flattened and millions displaced.
In 2016, Putin awarded Dvornikov the Hero of Russia medal, one of the country's highest awards, and named him the chief of the Southern Military District, commanding units in southwestern Russia.
Dvornikov's appointment is seen as reflecting the Kremlin's awareness to quickly improve poor coordination among various forces that hampered previous military efforts. Skeptics point out, however, that the Syrian campaign involved a relatively small number of troops, unlike the massive operation in Ukraine.
TRYING NEW BATTLEFIELD TACTICS
Ukrainian and Western experts expect the Russians to try to encircle Ukrainian forces in Donbas with a pincer movement by advancing from Izyum in the north and Mariupol in the south.
Some predict Russia also may try to use its forces north of Crimea to try to capture the industrial hubs of Zaporizhzhia and Dnipro on the Dnieper River, effectively cutting Ukraine in half.
Barrons said the Russians are focusing on the east "instead of trying to do three or four big things at once and spreading the air power and the logistics."
"The key conundrum is, can the Russians muster enough force ... good enough to overwhelm a very good Ukrainian defensive position by sheer weight of brutality" by concentrating firepower and troops in a few key locations, he said.
WILL RUSSIA'S LOGISTICAL PROBLEMS PERSIST?
Despite a new commander, the offensive will likely face the same logistical challenges Russian troops encountered early in the campaign.
During the botched attempt to storm Kyiv, Russian convoys stretched along highways leading to the capital, becoming easy prey for Ukrainian artillery, drones and scouts.
Supporting the operations in the east could be equally hard, with Russian supply lines likely to face hit-and-run raids, helped by the arrival of spring as foliage offers natural cover for Ukrainian scouts and guerrillas.
Control of the skies also has been a problem, with Ukrainian air defense assets continuing to shoot down Russian warplanes, making it more difficult for ground troops to advance. In recent days, Russia has launched strikes on Ukrainian long-range air defense systems in apparent preparation for the offensive.
"If the Russians learned the lessons of their failure so far and could concentrate more force and could connect their air force to the ground forces better and could sort the logistics out, then they might start to overwhelm the Ukrainian positions eventually, although I still think it would be a battle of enormous attrition," Barrons told AP.
MORE FAVORABLE TERRAIN FOR RUSSIA?
During the eight years of fighting separatists in the east, Ukrainian forces have built multilayered defenses, which Russian troops failed to break despite persistent attacks since the invasion began Feb. 24.
"They've been fighting in these current positions in the Donbas for about eight years, so they're very seasoned and they're very well prepared," Barrons said of Ukrainian forces.
He noted, however, that "this will be different because the Russian onslaught will be potentially very much greater" and the east's flat terrain could give the Russians an edge.
"The sort of ambush tactics the Ukrainians were highly successful with around Kiev may not apply in the Donbas," Barrons said. "And if the Russians were capable of maneuvering their armor so tanks, armored infantry and armored artillery at speed, they could get behind the Ukrainian position. It is going to be a much harder, bigger fight than we've seen so far."
Ukraine has pleaded with the West for warplanes, long-range air defense systems, heavy artillery and armor to counter a massive Russian edge in firepower.
"There is a battle of time and space between the Russians and Ukrainians for the Russians to muster enough force and the Ukrainians to get the weapons that they need and rehearse themselves for what will be a bigger and slightly different battle, and I think it is finely balanced," Barrons said.
FOR PUTIN, A RACE AGAINST TIME
After earlier battlefield failures, Putin desperately needs a quick success in the east.
Battered by Western sanctions, Russia lacks financial resources for a protracted conflict. If the fighting drags on, it will inevitably worsen the economy and could bring social tensions, eroding the Kremlin's support base.
The military already has put its most capable combat units in the campaign, and continued fighting will likely force it to call up more reservists and throw fresh conscripts into combat — moves that could be extremely unpopular.
Putin could be hoping to quickly expand the territory under separatist control in the east, then try to force Ukraine into concessions in negotiations to wrap up the campaign and spin it as victory. | https://www.tdtnews.com/news/article_59b2b508-ba9c-11ec-9dc9-5f7a90138a87.html | 2022-04-12T22:04:31Z |
Small Batch Premium Tulchan Gin™ Hails From Scotland
NEW YORK, July 28, 2022 /PRNewswire/ -- Stoli Group, the leading global ultra-premium spirits and wine company, announced the official global launch of their super-premium gin from Scotland. Taking its name from Tulchan Estate in Scotland, Tulchan Gin™ is a small batch gin distilled in Speyside, with flavors inspired by the terroir of the Estate located on the banks of the River Spey.
"We are delighted to bring a slice of our wondrous estate to your glass," commented Damian McKinney, CEO of Stoli Group, in making the announcement. "Distilled in Speyside, in the heart of whisky country, we're looking forward to introducing Tulchan Gin to whisky drinkers as well as gin lovers throughout the world."
Born on one of the most admired estates in Scotland, Tulchan Gin™ is inspired by its natural surroundings with botanicals including sloe berries, elderflower and blackberry leaves which are found on the Tulchan Estate. One unusual botanical is asparagus, which provides the gin with a bitter edge and unusually long finish. The distillation takes place in Speyside using the Estate's recipe.
Tulchan Gin™ is presented in a luxury embossed blue glass bottle with the official Tulchan estate tartan running down the side, reflecting the gin's Scottish heritage. The label on the front of the bottle includes an illustration of the Estate mascot The Grouse Piper playing the bagpipes and the wooden cork stopper has a Scottish thistle stamp. Tulchan Gin™ is a full bodied, juniper forward London Dry gin elevated with the Scottish botanicals that shine through
Tulchan Gin™ is part of the Stoli Group portfolio of spirits brands and is distributed in the UK by Indie Brands, part of Amber Beverage UK and distributed globally through the Stoli Group. Tom Jones, Ultra Premium Spirits Ambassador, will be working with trade accounts and retailers to support the launch of the brand in the UK and around the world. Tom is based in Scotland and is a regular visitor to Tulchan Estate.
Tulchan Gin™ will be available initially in the UK and US and will be rolling out to Latin America, the Caribbean, Panama, the Dominican Republic in 2022. Next year Tulchan Gin's distribution will expand to include Italy, Kenya, South Africa, Canada, Australia and New Zealand.
Style: fresh, crisp and smooth
Nose: floral and gentle juniper
Taste: herbal juniper,sweet blend of candied citrus peel, resin, cardamom, liquorice and coriander
Finish: medium in length with kumquat and lemon curd tones
Tulchan Tonic
50 ml Tulchan Gin™ | 100 ml Fever Tree Tonic
RRP: from £39.99 for a 70cl bottle. ABV: 45%
Website: www.tulchangin.com
Instagram: @tulchangin
Tulchan Estate is located in East Scotland in the heart of Speyside, an area famous some of the world's best Scotch whiskies. The Victorian hunting lodge has played host to many royal guests, reflecting its reputation as one of the leading sporting estates in Scotland. Surrounded by 22,000 acres of moors, lakes and valleys, Tulchan Estate captures the essence of Scotland itself, as does the gin that carries its name.
Stoli® Group was established in 2013 and is responsible for the production, management, and distribution of a global spirits and wines portfolio. Mainly known for the Stoli® Vodka brand, Stoli Group has expanded to appeal to luxury on-premise and more sophisticated global consumers. Signature brands are: Stoli® Vodka, elit™Vodka, Bayou® Rum, Kentucky Owl™, Villa One™, Gator Bite™ Rum Liqueurs, Cenote™ Tequila, Tulchan Gin™, Se Busca™ Mezcal and Stoli Group's wine division, Tenute del Mondo®. With a presence across a network of more than 176 markets, Stoli Group works with a passionate team of 200 distributors around the world. Headquartered in Luxembourg, Stoli has production facilities in Spain, Italy, Argentina, and the United States, some of which are steeped in history dating back to the early part of the last century. For more information, visit stoli-group.com.
For trade sales enquiries please contact: sales@amberbev.com
For further information or hi res images, please contact Charlotte Edwards or Rebecca Tudor at MPR Communications:
charlotte@mprcommunications.co.uk +44 7811070711
rebecca@mprcommunications.co.uk +44 7792 525525
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SOURCE Stoli Group | https://www.kxii.com/prnewswire/2022/07/28/stoli-launches-tulchan-gin-worldwide/ | 2022-07-28T13:06:32Z |
Stellate Ganglion Block, already an FDA-approved treatment for people with other conditions, will be used to bring relief to those with Long COVID.
CHICAGO, June 6, 2022 /PRNewswire/ -- Stella ( www.stellacenter.com ), the leader in Stellate Ganglion Block (SGB) treatment for emotional trauma and mental health management, and RTHM ( www.rthm.com ), a Long COVID clinic with expert clinicians, a research arm, and a patented treatment and diagnosis algorithm, have partnered to provide RTHM's Long COVID patients with access to Stella's Stellate Ganglion Block (SGB) treatment.
SGB has been shown to help return the sympathetic nervous system to a healthier state after a biological trigger alters its function. Recently, Stella partners published a case study in the Journal of Neuroimmunology that showed how SGB treatment reduced symptoms of Long COVID.
The SGB treatment offers promising results and will be administered by a board-certified anesthesiologist trained by Stella at locations convenient to patients. "Stella's SGB is one of the options within our individualized treatment plans, but it's an important one," says RTHM's co-founder, Dr. Jennifer Curtin. "The collaboration between RTHM and Stella provides our patients with a unique and potentially helpful treatment."
Long COVID affects up to 30% of those who have contracted COVID-19. Yet few clinicians have the background in post-viral disease or can access all the tools required to treat these challenging conditions. RTHM is unpacking the knowledge gained from other, often post-viral diseases like ME/CFS and leveraging that wisdom for those suffering with Long COVID. "Where others see Long COVID as 'uncharted waters'," Dr. Curtin says, "we already have a partial map from navigating other post-viral diseases."
RTHM's treatment and diagnostic algorithm created by co-founders Dr. Curtin and Dr. Kellogg, will help clinicians make the best treatment and diagnostic decisions for patients – including Stella's SGB methodology. RTHM will identify patients that may find relief from SGB and facilitate care with Stella Certified MDs. RTHM will be using apps and biological and biometric data gleaned from wearable devices, which could help support the efficacy of SGBs in people with Long COVID. "It's clear that Stella and RTHM will both continue to innovate like lives depend on it— because they do," said Michael Gershenzon, Stella's Co-Founder and Chief Strategy Officer.
"RTHM and Stella have a shared mission: ending needless suffering," he added. "The number of people affected by Long COVID represents a major health crisis. Knowing that Stella's treatment might be able to help an entirely new population is incredible."
MORE ABOUT STELLA: Stella's team of medical doctors, psychologists, patient care coordinators, and tireless advocates are on a mission to create a world where no person needlessly suffers from symptoms following trauma. Stella offers effective, peer-reviewed, breakthrough trauma and PTSD treatments. Stella innovates like lives depend on it – because they do. www.stellacenter.com
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MORE ABOUT RTHM: RTHM integrates remote clinical medicine and research with advanced molecular and digital measurement technologies to bring new diagnostics and treatments to patients faster, starting with Long COVID. www.rthm.com
Follow: LinkedIn, Instagram, Twitter
Media Contact:
Andrea M. Garcia
COMMS/NATION
(201) 430-5082
andrea@commsnation.com
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SOURCE Stella | https://www.mysuncoast.com/prnewswire/2022/06/06/stella-rthm-partner-treat-long-covid/ | 2022-06-06T11:05:57Z |
Product leaders to continue building on growth of audience targeting solutions
NEW YORK, July 21, 2022 /PRNewswire/ -- Dstillery, the custom audience solutions company, promoted two product executives as part of its development of innovative AI technology that empowers programmatic advertising agencies to target their clients' ideal customers. Taejin (TJ) In is Senior Vice President of Product, and Mark Jung fills the role of Vice President of Product, Data Marketplace and Channels.
Both long-time employees played pivotal roles in launching ID-free Custom AI™, Dstillery's new, patented targeting solution that performs on par with cookies without user tracking.
In has been with the company since 2010. As SVP, he oversees the product strategy and development of Dstillery's industry-leading, data science-driven targeting products, including the evolution into cookieless targeting. Most recently, he led the development of Custom Patient Targeting, a new targeting solution powered by ID-free technology and designed specifically for healthcare brands. In was named one of The Software Report's Top 25 Software Product Executives of 2022.
"TJ is a driving force behind significant invention and innovation throughout the company's product line," said Michael Beebe, Dstillery CEO. "He is passionate about developing and executing a product roadmap that creates and inspires new thinking in the cookieless future.That motivation is an incredible asset as we reimagine the future of audience targeting."
In 2012, Jung began working in advertising operations at Dstillery. He soon moved to the product department, where he quickly became a critical member of the product management team. From leading development of the company's former self-service demand-side platform, to its transformation into a data company, Jung was a key contributor to the success of many of Dstillery's core product offerings. He now directs the product strategy and roadmap for activation of cookieless targeting products across marketplaces and channels.
"As a member of our team for almost a decade, Mark has been integral to our success, overseeing many core products and navigating our strategy across critical industry transitions," said In. "We wouldn't be where we are today without his expertise, vision and diligence."
This is the second round of executive promotions by Dstillery in 2022. Amanda White was named Vice President of Data Science Research, and Patti Boyle is now Chief Marketing Officer.
Dstillery anticipates future growth amid the transition into a cookieless future. The company is working to expand the capabilities and implementation of ID-free Custom AI. The solution, available today, addresses user privacy concerns at face value while also performing at the standard set by cookies.
About Dstillery
Dstillery, the custom audience solutions company, empowers brands and agencies to reach their best customers across the programmatic web. Backed by our award-winning data science, Dstillery has earned 16 patents (and counting) for the AI technology that powers our precise, scalable solutions. Our newest innovation, ID-free Custom AI, is a privacy-by-design behavioral targeting solution that performs on par with cookies — without user tracking. Our ID-based premier product, Custom AI Audiences, is a just-for-your-brand targeting solution that continuously scores hundreds of millions of users to deliver the best audiences for your brand. To learn more, visit us at www.dstillery.com or follow us on LinkedIn.
Media Contact
Raven Carpenter
BLASTmedia for Dstillery
dstillery@blastmedia.com
317-806-1900 ext. 171
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SOURCE Dstillery | https://www.kxii.com/prnewswire/2022/07/21/dstillery-promotes-two-executives-with-goal-further-product-invention-innovation/ | 2022-07-21T12:52:46Z |
Tropical storm warning discontinued, flood watch in effect
SARASOTA, Fla. (WWSB) - The tropical storm warning has been discontinued for the west coast of Florida.
A flood watch was issued at 8 a.m. and will expire by 4:30 p.m.
Hurricane Hunter aircraft failed to find an organized system in the Gulf waters that would qualify as a tropical depression or a tropical storm.
The system continued to deteriorate overnight, forecasters said.
The remaining hazards on the Suncoast include dangerous boating conditions and a few downpours during the first half of the day that may contain gusty winds. In general, the rains will taper off during the evening with breezy conditions continuing into the evening.
After the system moves into the Atlantic tomorrow, we will see sunshine return and winds will begin to relax.
The brunt of what remains of this system will mainly affect South Florida. Tropical storm warnings are still in effect for the west coast of Florida from Bonita Beach to Card Sound Bridge, as well as the Florida Keys including the Dry Tortugas.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/04/tropical-storm-warning-discontinued-flood-watch-effect/ | 2022-06-04T17:03:04Z |
INL announces partnership with CEI
IDAHO FALLS, Idaho (KIFI) - Idaho National Lab directors met with College of Eastern Idaho officials Wednesday morning on the Idaho Falls campus.
Battelle Energy Alliance, which manages INL, announced they will donate $1 million to support the partnership and help plan a new Future Tech Building.
The building will host a new program aimed at preparing students specifically for potential jobs at the nuclear lab and the energy industry.
"This effort is so important to our community and our region," INL Director John Wagner said. "Together, CEI and INL will give eastern Idahoans an opportunity to receive the training they need. Not just to make a living, but to help us change the world."
School directors believe the collaboration will lead to more growth in east Idaho.
"Our hope is that many of these students will choose to remain in eastern Idaho and work at INL or other industry partners throughout thier career," CEI President Rick Aman said.
Directors at CEI say the new building will be fully funded by June 2022.
Construction should complete in around two years. | https://localnews8.com/news/idaho-falls/2022/04/20/inl-announces-partnership-with-cei/ | 2022-04-20T19:41:09Z |
Which Charlotte Tilbury product is best?
Charlotte Tilbury is an iconic makeup artist whose A-list clients include celebrities like Nicole Kidman, Kate Moss and Amal Clooney. In 2013, she launched her eponymous brand with a lineup of makeup and skin care. It has since become one of the most successful cosmetic labels in history and is sold in 76 countries around the world.
The brand’s cult-favorite moisturizer, Charlotte’s Magic Cream, creates a flawless, radiant canvas for your makeup. It contains hyaluronic acid and collagen-boosting peptides that leave your skin hydrated and plumped as well as vitamin C that helps brighten dull skin. Massage it in before your foundation for a soft, dewy glow.
What to know before you buy a Charlotte Tilbury product
Skin type
Your skin type plays an integral role in finding what makeup and skin care will work best for you. For instance, a dewy foundation tends to work better on normal and dry skin, while matte foundations are usually more suitable for oily and combination skin. If you have acne-prone or sensitive skin, look for products that are noncomedogenic and free of irritants like alcohol and fragrance. Understanding your skin and what it needs can help you choose the ideal products for your skin type.
Types of products
Eyes: Charlotte Tilbury offers a vast range of eyeshadow palettes and eyeliners in several colors and finishes. The brand’s classic Pillow Talk Push Up Lashes mascara gives your lashes an instant and long-lasting lift, length and volume with little effort.
Lips: From matte and liquid lipstick to satin formulas and lip glosses, the brand’s luxurious range of lipsticks comes in gorgeous shades for every occasion.
Face: Charlotte Tilbury’s line of face makeup includes full-coverage foundations, setting powders, liquid concealers and versatile primers. It also has a collection of research-powered skin care that includes cleansers, moisturizers, serums and facial oils.
Cheeks: The brand’s magical range of highlighters and blushes come in powders, liquids, creams and palettes to deliver the perfect glow to your complexion.
What to look for in a quality Charlotte Tilbury product
Ingredients
Charlotte Tilbury’s products stand out for the high-quality ingredients that help them perform and look better on the skin. Some formulas also include elements like hyaluronic acid to hydrate the skin and plump the look of fine lines and wrinkles. Every product boasts color-rich pigments that are incredibly long-lasting and always glamorous, making the brand a definition of true luxury.
Shades
Finding the right shade of foundation for your skin is harder than it sounds. Charlotte Tilbury’s foundations are available in a diverse and inclusive range of over 40 shades, making it easy to find your exact match. The brand is a go-to for universally flattering shades, blendable formulas and easy-to-use palettes. Its Eye Color Magic collection features a range of eyeshadow palettes and coordinating eyeliners that subtly enhance and brighten your natural eye color.
Packaging
Charlotte Tilbury’s palettes and lipsticks come in gorgeous gold packaging with an elegant look and feel. The brand offers mini and travel-sized versions of its best-selling makeup and skincare essentials that are perfect for tossing into your purse when you’re on the go. You can also find all-in-one palettes and multi-use kits that are not just convenient to use, but also make a great gift for anyone.
How much you can expect to spend on a Charlotte Tilbury product
Charlotte Tilbury products typically cost $20-$250. While lipsticks from the brand range from $25-$37, base products like concealer and foundation cost between $32-$45. The palettes can be purchased for $45-$75.
Charlotte Tilbury product FAQ
Do Charlotte Tilbury’s products contain parabens?
A. Yes, some Charlotte Tilbury products contain parabens. However, they do have an exclusive range of paraben-free products. It’s best to read the label for ingredients before buying any cosmetics, as it will help you make a more informed decision.
Is Charlotte Tilbury cruelty-free?
A. Yes, Charlotte Tilbury is a cruelty-free brand. They never test their finished products or ingredients on animals, and neither do their suppliers. The brand is now also officially Leaping Bunny approved by Cruelty Free International.
What’s the best Charlotte Tilbury product to buy?
Top Charlotte Tilbury product
Charlotte Tilbury Charlotte’s Magic Cream
What you need to know: This do-it-all moisturizer primes and hydrates the skin while instantly illuminating dull, tired skin.
What you’ll love: It nourishes the skin with ingredients like vitamin E and peptides and contains cooling aloe vera to help reduce redness. It absorbs quickly and leaves your skin feeling soft, smooth and ready for seamless makeup. It’s ideal for dry skin in need of a quick pick-me-up.
What you should consider: The price is on the higher side.
Where to buy: Sold by Sephora and Kohl’s
Top Charlotte Tilbury product for the money
Charlotte Tilbury Lip Cheat Pencil Liner
What you need to know: A lip liner with a velvety touch that glides on like a total dream and lasts all day.
What you’ll love: It plumps fine lines and makes your lips look fuller. It has a lovely natural finish. The gel-like formula glides on easily and won’t t budge or smudge. It comes in 15 shades that are variations of berry, nude and red hues. It’s also vegan and paraben-free.
What you should consider: Some users felt that the lip liner shades were slightly lighter than their matching lipsticks.
Where to buy: Sold by Sephora and Kohl’s
Worth checking out
Charlotte Tilbury Hollywood Flawless Filter
What you need to know: This versatile skin enhancer blurs, smooths and illuminates your skin for a real-life filter effect.
What you’ll love: It works both as a primer and a highlighter, and the supersized doe-foot applicator makes it a breeze to use exactly where you want it. It boosts your natural complexion and adds a luminous glow to the skin. It’s lightweight and lasts all day.
What you should consider: It comes in a limited range of shades.
Where to buy: Sold by Sephora and Kohl’s
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/face-makeup-br/best-charlotte-tilbury-product/ | 2022-06-17T22:15:37Z |
LOS ANGELES, July 18, 2022 /PRNewswire/ -- For the second year in a row, Bayen Group, LLC has been nominated for the 2022 Supplier of the Year Award presented by the Southern California Minority Supplier Development Council (SCMSDC). They were nominated for this award by their partner, Northrop Grumman. The SCMSDC is a leading corporate membership organization that works to recognize minority businesses and connect diverse suppliers to companies that need them. They represent over 900,000 minority businesses in Southern California.
"We can't begin to describe how honored we are to receive this nomination again from our very good friends at Northrop Grumman," says President Huy Nguyen. "We take pride in partnering with them to digitally transform their business processes to Define Possible through technology. We're also thankful to the SCMSDC for offering this opportunity for companies like ours to be recognized."
Bayen Group develops cutting-edge business solutions leveraging technology as a tool. This enables us to take on complex business challenges from large enterprises and provide unique and innovative answers. Bayen Group is honored to have received several prestigious awards recently, including the Burns & McDonnell California Community of Inclusion Enterprising Excellence Award, the Northrop Grumman President's Innovation Excellence Award, and the Northrop Grumman President's Award for Quality Excellence.
The SCMSDC is made up of approximately 1,300 NMSDC-certified Minority Business Enterprises (MBES) and over 1,700 national corporate members. They are dedicated to fostering a community of diverse suppliers and encouraging connections between these organizations and corporations that can benefit from their distinct perspectives. Visit the Southern California Minority Supplier Development Council at www.scmsdc.org for more information.
Bayen Group is a highly experienced SharePoint and Microsoft 365 services company. Their team is experts in migration, process automation, system integration, and providing tailor-made SharePoint solutions. They facilitate collaboration across departments by streamlining business processes and connecting Enterprise applications and databases with SharePoint. Their approach results in a seamless, intuitive SharePoint modern workplace experience that greatly increases productivity and efficiency while maintaining security. Bayen Group is proud to be recognized as a HUBZone Certified Small Business, Department of Transportation Disadvantaged Business Enterprise (DBE), and California Public Utilities Commission (CPUC) Minority Business Enterprise. Please visit www.bayengroup.com for more information and follow us on Twitter @BayenGroup.
Contact: Huntar-Teke Martin, hmartin@sileotech.com
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SOURCE Bayen Group | https://www.mysuncoast.com/prnewswire/2022/07/18/bayen-group-receives-nomination-supplier-year-award/ | 2022-07-18T17:38:54Z |
Parents charged after 7-year-old accidentally shoots herself, deputies say
WEST UNION, S.C. (WHNS/Gray News) – The parents of a 7-year-old girl who accidentally shot herself in the chest last month are now facing charges, according to officials.
The Oconee County Sheriff’s Office said Tyler Smith and Amy Smith have been charged with unlawful neglect.
The investigation began when deputies were called to a home on July 14 in reference to the accidental shooting. Deputies found the girl with a gunshot wound to her upper torso. A handgun was secured at the scene.
The child was flown by medical helicopter to the hospital where she underwent several surgeries and remained in the ICU following the shooting.
The Smiths are facing charges because they left the loaded firearm within reach of four children at the home, according to arrest warrants.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/10/parents-charged-after-7-year-old-accidentally-shoots-herself-deputies-say/ | 2022-08-10T18:29:23Z |
Cybersecurity Leaders Will Learn How to Effectively Detect & Mitigate Automated Attacks & Fraud Attempts
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- DataDome, a leading provider of AI-powered online fraud and bot management, is proud to announce that it is returning to Black Hat USA 2022, both in person and virtually.
DataDome's team of experts, including co-founder and CEO Benjamin Fabre, will be at booth #2761 from August 10-11, ready to discuss the ever-evolving online fraud threat landscape, and provide attendees with demos of its award-winning solution, including its newly launched CAPTCHA feature.
"We are thrilled to return to Black Hat USA for another opportunity to meet the thousands of cybersecurity experts who want to learn more about bot-driven fraud," said Benjamin Fabre, co-founder and CEO at DataDome. "All too often, bot attacks go undetected, disrupting business revenues, and putting data security and the customer experience at risk. Our team is looking forward to showcasing how DataDome secures global brands with machine learning-driven, full endpoint protection against malicious bots, which is key to keeping sensitive data safe and online platforms performing at optimum speed."
This year, attendees can expect:
- Live demonstrations, on the hour, every hour. These in-person demos will highlight how DataDome's Online Fraud & Bot Management solution provides full endpoint protection for mobile apps, websites and APIs, beating today's most sophisticated bots in real time. Attendees can also try the first ever privacy compliant, secure and human friendly CAPTCHA, now part of DataDome's solution.
- A virtual talk on how to prevent business hazards from bots as a service. DataDome's Head of Research, Antoine Vastel, PhD, will deliver a virtual talk, revealing the inner workings of a modern bot detection engine – kryptonite for bots as a service.
- One-on-one time with DataDome's CEO. Co-founder and CEO Benjamin Fabre will be on site, available to answer questions about all-things online fraud and bot management. Book a meeting in advance, or stop by booth #2761.
- A virtual booth for those registrants not attending in person. Join us at our virtual booth during the show dates of August 10-11, where one of our bot experts will be on hand to chat with you via messenger or video in real time. Registration for the virtual conference is free. Once logged in, find us in the virtual Exhibit Center.
Follow DataDome on Twitter and LinkedIn for regular updates on threat research, customer case studies, and to ensure your bot protection is ready for the sales season.
About DataDome
DataDome is a global provider of state-of-the-art bot protection for mobile apps, websites, and APIs, against online fraud. DataDome's mission is to free the web from fraudulent traffic, so sensitive data remains safe without compromising user privacy or the user experience. DataDome leverages AI and machine learning to analyze 1 trillion signals each day and beat sophisticated attacks in real time. DataDome protects leading digital commerce businesses, including Axel Springer, AngelList Talent, Australia Post, Patreon, carsales.com Limited, and Foot Locker.
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SOURCE DataDome | https://www.wibw.com/prnewswire/2022/08/03/datadome-host-demos-provide-glimpse-into-inner-workings-modern-bot-detection-engine-black-hat-usa-2022/ | 2022-08-03T14:22:05Z |
(The Hill) – Officials in the United Kingdom are investigating after they detected poliovirus in sewage samples from North and East London.
The U.K. Health Security Agency (UKHSA) said in a press release that finding one to three “vaccine-like” polioviruses in sewage samples is normal, but they have always not been detected again. The release states the agency found several closely related viruses between February and May.
The release states the viruses can be described as “vaccine-derived,” resulting from individuals who were immunized with a live oral polio vaccine and “shed” traces of the vaccine-like virus in their feces. The virus can rarely cause serious illness, including paralysis, in individuals who are not fully vaccinated, but no associated cases of paralysis have been reported.
The samples suggest there has “likely” been some spread between two closely linked individuals in North and East London and are shedding this strain of the virus in their feces. Officials will investigate if any community transmission is occurring.
The last case of wild polio in the U.K. occurred in 1984, according to the release, and the country was declared polio-free in 2003.
Vanessa Saliba, a consultant epidemiologist at UKHSA, said in the release that vaccine-derived polio is rare and the risk to the public is low.
Jane Clegg, the chief nurse for the U.K. National Health Service, said the NHS will begin reaching out to parents of children under 5 years old in London who are not up to date with their polio vaccines to encourage them to get vaccinated. But she said most London residents are fully vaccinated and do not need to take any action.
“The UK is considered by the World Health Organization to be polio-free, with low-risk for polio transmission due to the high level of vaccine coverage across the population,” the release said. “However, vaccine coverage for childhood vaccines has decreased nationally and especially in parts of London over the past few years, so UKHSA is urging people to check they are up to date with their vaccines.” | https://cw33.com/news/nexstar-media-wire/poliovirus-detected-in-london-sewage/ | 2022-06-22T19:42:13Z |
Aetna CVS Health Individual and Family Plans combine the quality health insurance coverage of Aetna®, with affordable care options at CVS Pharmacy® and MinuteClinic® locations to help members achieve their best health.
WOONSOCKET, R.I., Sept. 8, 2022 /PRNewswire/ -- Aetna, a CVS Health® company (NYSE: CVS), will offer Aetna CVS Health hybrid-branded insurance through the individual insurance exchange marketplace in Missouri (in select counties), by expanding the geography for available benefits for affordable access to health care for more Missourians.
"With over half a million Missourians being uninsured or underinsured, our plans provide quality care, at an affordable price and the ability to conveniently access this care using virtual technology and in-person care in their communities," Peggy Petralia, MD, Sr. Medical Director, Missouri, Aetna. "By bridging the gap between people and the support and services they need, we can offer a human-centered approach where, when and how they need us."
With the launch of these plans, members will have access to Aetna's comprehensive network of primary care doctors, mental health providers, specialists and hospitals. Plus, convenient and affordable care options through telehealth, participating walk-in clinics, such as MinuteClinic®, and HealthHUB™ locations – removing more barriers to accessing care.
Aetna CVS Health ACA exchange products bring together the coverage of Aetna and the convenience of CVS Health. It's health insurance done differently and features:
- Quality care with Aetna's robust network of primary care doctors, specialists and hospitals
- Affordable care with plans that include in-network $0 virtual and walk-in clinic care*
- Care on your schedule with 24/7 access to virtual care, plus walk-in visits at 1,100 | MinuteClinic® locations nationwide
"We understand that everyone has their own unique circumstances and making health care simple, easy and affordable is how we are meeting them where they are on their journey," said Jim Boyman, West Mid-America Market President, Aetna. "We're ensuring more Missourians – and Americans – can get access to Aetna's quality care. We are uniquely positioned to work with consumers to achieve better outcomes across our local provider networks along with MinuteClinic, CVS HealthHUB and CVS Pharmacy locations, and our virtual care options."
The Aetna CVS Health ACA plans are comprehensive health care plans that provide care and coverage for:
- Pediatric services, including oral and vision care
- Ambulatory patient services (outpatient services)
- Emergency services
- Hospitalization
- Maternity and newborn care
- Mental health and substance use disorder services, including behavioral health treatment
- Prescription drugs
- Rehabilitative and habilitative services (those that help patients acquire, maintain, or improve skills necessary for daily functioning) and devices
- Laboratory services
- Preventive and wellness services and chronic disease management
This new offering will be available in select Missouri counties, including: Barry, Cass, Christian, Clay, Dade, Dallas, Douglas, Greene, Franklin, Hickory, Jackson, Jasper, Jefferson, Johnson, Laclede, Lafayette, Lawrence, Lincoln, McDonald, Newton, Ozark, Platte, Polk, St. Charles, St. Louis, St. Louis City, Ste. Genevieve, Stone, Taney, Warren, Washington, Webster and Wright.
Cass, Johnson and Lafayette counties are new areas for the 2023 enrollment period.
*Members may be required to pay a cost-share based on what medical services were received and the type of provider a member visits. Please consult benefit documents for more details. Includes select services. Not all services are covered. Please consult benefit documents to confirm which services are included. Members enrolled in qualified high-deductible health plans must meet their deductible before receiving covered non-preventative services at no cost-share. However, such services are covered at negotiated contract rates. This benefit is not available in all states. Access to MinuteClinic and other in-network walk-in clinics may vary by geography. For a complete list of participating walk-in clinics, log in to Aetna.com and use our provider search tool.
Filings in Missouri are complete. Final approval to entry is pending state and federal reviews/certifications.
About Aetna
Aetna, a CVS Health business, serves an estimated 34 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental and behavioral health plans, and medical management capabilities, Medicaid health care management services, workers' compensation administrative services and health information technology products and services. Aetna's customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, visit www.aetna.com and explore how Aetna is helping to build a healthier world.
About CVS Health
CVS Health® is the leading health solutions company, delivering care like no one else can. We reach more people and improve the health of communities across America through our local presence, digital channels and over 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that's managing chronic diseases, staying compliant with their medications or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day. Follow @CVSHealth on social media.
Media contact
Jeff Swallow
401-601-4116
swallowj@cvshealth.com
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SOURCE CVS Health | https://www.wibw.com/prnewswire/2022/09/08/aetna-cvs-health-expands-reach-individual-family-plan-offerings-delivering-better-care-access-value-missourians/ | 2022-09-08T14:04:00Z |
PITTSBURGH, June 21, 2022 /PRNewswire/ -- "I use motion sensors in my yard but noticed how none were able to record a video," said the inventor from Elmont, New York. "I thought of this idea to help track the activity that takes place in the yard and record the footage."
He invented the patent-pending PEST DETECT, a stake-mounted outdoor sensor with accompanying cell phone app for notification of unwanted persons or animals. This would help provide an easy way of notifying a homeowner of strangers or animals present on their property and the footage could be sent to the consumer's cellular phone. Additionally, the device does not require any accessories or mounting brackets, it could be easily placed in any soft ground location.
The original design was submitted to the Long Island sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-LJD-158, 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/2022/06/21/inventhelp-inventor-develops-outdoor-video-monitor-ljd-158/ | 2022-06-21T17:55:32Z |
BEIJING, April 25, 2022 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the United States Securities and Exchange Commission (the "SEC") on April 25, 2022. The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as through the Company's investor relations website at http://ir.autohome.com.cn.
The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Autohome Inc., 18th Floor Tower B, CEC Plaza, 3 Dan Ling Street, Haidian District, Beijing, People's Republic of China.
The Company has also published the same annual report today for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEx"), which can be accessed on the Company's investor relations website at http://ir.autohome.com.cn as well as the HKEx's website at http://www.hkexnews.hk.
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.
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
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.wibw.com/prnewswire/2022/04/26/autohome-inc-files-its-annual-report-form-20-f/ | 2022-04-26T01:52:58Z |
ClassiJazzical – A Combination of Traditional Classical and Traditional Jazz Fused as One.
GLASTONBURY, Conn., Aug. 21, 2022 /PRNewswire/ -- It is 2022 and the Summer is ending, yet the music is heating up. James A Norkawich has released an EP entitled "Classical Elements" which highlights two Classical composers, Chopin, and Rachmaninoff. Both works by these immortal composers show not only the depth of their compositions, but also the technicality and diversity of James A Norkawich. Classical music and Jazz have a lot in common even though they are two separate styles of music. Classical music requires a certain skill set of staying on point to the music as written, and there is no room for any other interpretation, whereas Jazz opens the door for improvisation, colorful chord structure and more freedom to move around the instrument.
However, ……
Chopin's – Winter Wind (Op.25-11) and Rachmaninoff's Concerto (No.2) 1ST Movement, both display an element that is not only technically challenging, but also displays the improvisational elements that Jazz carries in the context of any given Jazz piece or performance.
James captures the key elements that provide the listener with a sense of excitement and movement while capturing an element of harmony and reality at the same time. This is the first Classical EP by James, and he hopes that this will bring more people to his brand of Jazz, Classical Crossover, and virtually any style he wishes to play on the keys or with his pen on the tablature.
Classical music, as like Jazz, has always been considered a special kind of music for a certain kind of audience. That stigma is something that James would like to break with his own brand and blend of artistic expression. James has had world acclaim with his Classical Crossover brand which is simply classically trained artists doing pop over music but keeping true to form in the style of Classical music.
This style, Classical & Jazz blended, James is trying to brand as ClassiJazzical which could have the beauty of a piece from the artistry of Mozart to the instrumentation of Charlie Parker and Miles Davis. "It has been done before," James said recently in an interview, "but now were going to take it to new heights never seen or heard by the mainstream music media. We need to think out of the box, develop something new, and be able to leave a legacy to our children, and our grandchildren. Music is what heals the soul. Music is the soundtrack of our lives, so why not make it a good one, and one that has sustenance and tangibility? That is what I am striving for, and I think this EP will show."
The EP Classical Elements will be available on all Streaming Platforms
Contacts Email -JamesANorkawich@gmail.com
Website for James A Norkawich - www.jamesanorkawich.com
Twitter - https://twitter.com/JNorkawichMusic
TikTok - https://www.tiktok.com/@jamesanorkawich
Instagram - https://www.instagram.com/jamesanorkawich/
Official Facebook Page - https://www.facebook.com/JamesANorkawich
Spotify - https://open.spotify.com/artist/6qi5IQRl3iahaR75zA6LuD?si=grs8MVfsTGOuPCYsRX3AFg
Deezer - https://deezer.page.link/ekDRVg4mFX7vHyHP8
I-Tunes - https://music.apple.com/us/artist/james-a-norkawich/1615404089
YouTube - https://www.youtube.com/channel/UCruW2ckvS-OYoNRqIQsSJGA
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SOURCE James A Norkawich | https://www.wibw.com/prnewswire/2022/08/22/jazz-pianist-looks-make-classijazzical-modern-style-music/ | 2022-08-22T03:51:57Z |
Text messages link Brett Favre, welfare money, university’s volleyball facility
JACKSON, Miss. (AP) — The governor of Mississippi in 2017 was “on board” with a plan for a nonprofit group to pay Brett Favre more than $1 million in welfare grant money so the retired NFL quarterback could help fund a university volleyball facility, according to text messages between Favre and the director of the nonprofit.
Court documents filed Monday by an attorney for the Mississippi Community Education Center contain text messages between Favre and the center’s executive director, Nancy New, that include references to Republican Gov. Phil Bryant, who left office in 2020.
Nancy New and her son, Zachary New, who helped run the nonprofit, pleaded guilty in April to charges of misspending welfare money that was intended to help some of the poorest people in the nation. They await sentencing and have agreed to testify against others in Mississippi’s largest public corruption case in decades.
In May, the Mississippi Department of Human Services filed a civil lawsuit against Favre, three former pro wrestlers and several other people and businesses to try to recover millions of misspent welfare dollars. The lawsuit said the defendants “squandered” more than $20 million from the Temporary Assistance for Needy Families anti-poverty program.
In pleading guilty, Nancy and Zachary New acknowledged taking part in spending $4 million of welfare money for a volleyball facility at the University of Southern Mississippi.
The mother and son also acknowledged directing welfare money to Prevacus Inc., a Florida-based company that was trying to develop a concussion drug. Favre has said in interviews that he supported Prevacus.
The filing in a Mississippi state court included text message exchanges between Favre and Nancy New about arranging payment from the Mississippi Department of Human Services through the nonprofit to Favre for speaking engagements, with Favre then saying he would direct the money to the volleyball facility.
Favre played football at the University of Southern Mississippi before going to the NFL in 1991, and his daughter started playing on the volleyball team there in 2017.
According to court documents, Favre texted Nancy New on Aug. 3, 2017: “If you were to pay me is there anyway the media can find out where it came from and how much?”
Nancy New responded: “No, we never have had that information publicized. I understand you being uneasy about that though. Let’s see what happens on Monday with the conversation with some of the folks at Southern. Maybe it will click with them. Hopefully.”
Favre responded: “Ok thanks.”
The next day, Nancy New texted Favre: “Wow, just got off the phone with Phil Bryant! He is on board with us! We will get this done!”
Favre responded: “Awesome I needed to hear that for sure.”
Bryant, a Republican, served two terms and governor and could not run again in 2019 because of term limits. He earned his bachelor’s degree from the University of Southern Mississippi.
In a July 11 court filing, Nancy New’s attorney wrote that Bryant directed her to pay $1.1 million in welfare money to Favre through the Mississippi Community Education Center for “speaking at events, keynote speaking, radio and promotional events, and business partner development.” A Bryant spokesperson said in July that the allegations against the former governor are false and that Bryant had asked the state auditor to investigate possible welfare fraud.
Favre has not been charged with any criminal wrongdoing. Mississippi Auditor Shad White said Favre was paid for speeches but did not show up. Favre has repaid the money, but White said in October that Favre still owed $228,000 in interest.
In a Facebook post when he repaid the first $500,000, Favre said he didn’t know the money he received came from welfare funds. He also said his charity had provided millions of dollars to poor children in Mississippi and Wisconsin.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/14/text-messages-link-favre-welfare-money-universitys-volleyball-facility/ | 2022-09-14T17:12:04Z |
ORLANDO, Fla., May 31, 2022 /PRNewswire/ -- Orlando is the only place where visitors can have breakfast with Mickey, cast a spell in Diagon Alley, zoom across the everglades in an airboat, pet a penguin and catch an incredible fireworks show – all in one day. That's just one combination of more than 190 unique activities available in the destination, out of nearly 1.8 million distinct combinations for each day averaging three activities.
"Orlando has always been and continues to be inspired by imagination," said Casandra Matej, president and CEO for Visit Orlando. "Orlando is unbelievably real because of the unique blend of fantastical and authentic, giving visitors endless possibilities to create meaningful experiences and memories to last a lifetime."
Here are a few adventures travelers can include in future visits to have an unforgettable, unbelievably real vacation:
- Fireworks 365 Days A Year – No matter when they come on vacation, visitors to Orlando can catch a fireworks display every night of the year. From the nightly "Disney Enchantment" show at Walt Disney World's Magic Kingdom and "Harmonious" at Epcot, to Universal Orlando's nightly "Cinematic Celebration," visitors will spot gorgeous pyrotechnics whether they're in the theme parks or even nearby. Additional seasonal shows take place at SeaWorld Orlando, with the "Ignite" display, as well as during select holidays across the destination, including the Fourth of July and New Year's Eve. Restaurants including California Grill at Disney's Contemporary Resort, Capa at the Four Seasons Resort Orlando at Walt Disney World Resort and illume at JW Marriott Orlando Bonnet Creek Resort & Spa, also offer diners memorable views of the nightly fireworks.
- Unique Rocket Launch Views - Nowhere else can visitors watch a rocket launch from the spectacular view of a 400-foot-tall observation wheel or while attending an Orlando City or Orlando Pride professional soccer game. Yet here in Orlando, catching sight of a SpaceX launch is possible almost anywhere, thanks to the destination's close proximity to Kennedy Space Center. Combined with the stunning perspective of Orlando available from the top of the Wheel at ICON Park or from the ultramodern Exploria Stadium in downtown Orlando, a live launch becomes an unforgettable moment to witness in person.
- Surprising Art Collections - Lovers of the arts may not think of Orlando as a cultural haven, but the destination is home to the most comprehensive collection of Louis Comfort Tiffany works in the world, at The Charles Hosmer Morse Museum of American Art. Famous for his unique glassworks, Tiffany was one of the most creative and prolific designers of the late 19th-century, and the Morse Museum houses an incredible wealth of his works, from jewelry, pottery, paintings and art glass to his chapel interior from the 1893 World's Columbian Exposition in Chicago and art from his Long Island estate, Laurelton Hall.
- Hang Gliding Without Mountains - Believe it or not, mountains aren't necessary to hang glide – at least, not in Orlando. Here, guests can experience the first and largest aerotow hang gliding park in the world, Wallaby Ranch. This innovative flight school invites thrill-seekers of any experience level to tandem hang glide the safest way possible – by being towed 2,000 feet in the air, then gently released to ride the air currents back down. Guests are even taught to steer the glider on their first flight.
- Soar Over Alligators - Zipline seven stories above 130 live alligators and crocodiles at the Screamin' Gator Zipline at Gatorland, The Alligator Capital of the World®. Visitors won't find another zipline experience like it, with 1,200 feet of thrilling flight across Florida wildlife, and breathtaking views from high above the treetops.
Regular updates on what's new in Orlando can be found at VisitOrlando.com, the official visitor information source for the destination. On the website, visitors can also make an appointment for a complimentary, personalized one-on-one Vacation Planning Service with one of Visit Orlando's vacation planning experts for advice and guidance on building the perfect itinerary.
About Visit Orlando
Visit Orlando is The Official Tourism Association® for Orlando, the most visited destination in the United States and Theme Park Capital of the World®. Visit Orlando connects consumers with every segment of Central Florida's travel community, whether for a vacation or meeting. Home to seven of the world's top theme parks — as well as refreshing water parks, outdoor thrill rides, activities to connect with nature, and a dynamic dining and entertainment scene — Orlando is welcoming to travelers of all ages. With more than 480 hotels, visitors have choices that span multi-acre resorts to themed boutique hotels. Orlando's trusted theme parks, attractions, hotels and businesses have developed comprehensive safety measures and worked closely with medical experts to create safe travel experiences. Find more information at VisitOrlando.com.
Editor's Note: For additional press information or high-resolution downloadable images, please visit VisitOrlando.com/media.
Editor's Note: IMAGE GALLERY
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SOURCE Visit Orlando | https://www.mysuncoast.com/prnewswire/2022/05/31/five-unbelievably-real-experiences-only-orlando/ | 2022-05-31T18:13:11Z |
NEW YORK, May 26, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of HUMBL, LLC (OTC: HMBL) and/or the Company's unregistered digital asset (sold as BLOCKS Exchange Traded Index ("ETXs") on various cryptocurrency exchanges) between November 1, 2020 and May 19, 2022, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2022.
SO WHAT: If you purchased Humbl securities and/or the Company's ETXs 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 Humbl class action, go to https://rosenlegal.com/submit-form/?case_id=6398 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 19, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants violated provisions of the Exchange Act by making false and misleading statements concerning the Company's growth prospects, technological advancements, international partnerships, and financial benefits for Humbl common stock and digital asset investors, as well as using selectively timed announcements to keep Humbl stock price high so that Company insiders could sell off their holdings into artificially created volume. The complaint also alleges that defendants violated provisions of the Securities Act by selling its unregistered securities (BLOCK ETX digital assets) to investors.
To join the Humbl class action, go to https://rosenlegal.com/submit-form/?case_id=6398 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
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The Rosen Law Firm, P.A.
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New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/05/26/nationally-ranked-rosen-law-firm-encourages-humbl-llc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-hmbl/ | 2022-05-27T00:07:05Z |
AUSTIN, Texas, July 6, 2022 /PRNewswire/ -- Patients and health care providers continue to express their support of nurse practitioners and the need for greater access to NP-delivered care. The American Association of Nurse Practitioners® (AANP) applauds the results of a poll that shows 82% of patients support allowing nurse practitioners (NPs) to practice to the full extent of their education and clinical training, including through telehealth.
The survey commissioned by the Alliance for Connected Care and conducted by Morning Consult also finds nearly 80% of health care providers — including a sample of physicians, NPs, PAs, nurses and therapists — also agree NPs should be practicing to the full extent of their training.
"The results of this survey come as no surprise, given the high-quality health care NPs deliver — in person and via telehealth — and the high degree of trust patients place in NPs," said April N. Kapu, DNP, APRN, ACNP- BC, FAANP, FCCM, FAAN, president of AANP. "Recently, both New York and Kansas enacted legislation that removes barriers to NP-delivered care. Currently 26 states have Full Practice Authority. It's time for the remaining 24 states to do the same, and this poll clearly shows most Americans support that action."
In 2021, Delaware and Massachusetts enacted Full Practice Authority (FPA), expanding patient access to quality care, and New York and Kansas enacted FPA legislation this year. For the first time in history, patients in a majority of states have full and direct access to NPs.
NPs deliver high-quality health care in more than 1 billion patient visits each year. Currently, there are more than 355,000 licensed NPs in the United States who provide care in communities of all sizes, and recently, U.S. News and World Report ranked the NP role first on its 2022 Best Health Care Jobs list.
The poll commissioned by the Alliance for Connected Care covered a number of topics asking patients and practitioners about their telehealth usage and telehealth experiences, their use of care across state lines and the workforce implications of these developments.
The American Association of Nurse Practitioners® (AANP) is the largest professional membership organization for nurse practitioner. For more information about NPs, visit aanp.org.
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SOURCE American Association of Nurse Practitioners | https://www.kxii.com/prnewswire/2022/07/06/poll-shows-patients-overwhelmingly-support-nurse-practitioner-working-full-extent-their-education/ | 2022-07-06T16:35:44Z |
Psychologist wants to close the gap between mental health and minority churches
PLAIN TWP. – For centuries, minority churches have served a dual purpose as a place of worship and as a social safe haven.
That doesn't mean people of faith shouldn't seek mental health treatment if they need it, says Dr. Ikeshia Smith, a clinical psychologist in Canton.
On July 8, Smith will host the first Stark County Minority Mental Health Gala: Bridging the Gap Between Mental Health Agencies and Minority Churches. The event will run 7 to 9 p.m. at First Christian Church's Heritage Hall, at 6900 Market Ave. N.
The free event is being sponsored by the Stark County Blessing Box Initiative and Primary Residential Mortgage.
"Originally, I came up with this idea three or four years ago," Smith said. "There's the Windchime Ball, and I thought, why isn't there anything for African Americans and mental health?"
Smith is chief strategist for the nonprofit, Mind Your Business. She also has a private telehealth practice based in Mentor, and is a psychological resident with Ohio GuideStone, a behavioral health service.
Smith said she was spurred to increase awareness for churches in 2021 after a minority social worker she knew died from suicide.
Shortly after joining Mind Your Business and while working on her doctorate, Smith uncovered research on minorities' reluctance to seek mental health care. It also showed that more than 90% of African Americans use their faith or spirituality to cope with mental health issues and various stressors.
No Judgement Zones
"For some, that is successful; however, for others, it is simply not enough," Smith said. "Research over the past two years shows an increase in minority youth suicide, adult suicide, depression, anxiety and trauma. Therefore, the collaboration and coordination between local mental health agencies and pastors ensures minority congregations are equipped with the necessary tools to address these ongoing mental health concerns.
"Our focus is on African American minorities; however, all minorities and other cultural groups are welcome to attend.”
Smith created No Judgement Zones in 2020 to increase awareness of the issue, and to provide pastors with resources to help their parishioners.
"I thought it would be the perfect opportunity," she said. "We've kind of steered toward the pastors because they are the leaders in their congregations."
Local churches who have hosted No Judgement Zones include the Pentecostal Temple Church of God in Christ and Abundant Grace of God Church in Canton, and Solomon's Temple in Cleveland.
"We try to address the stigma," Smith said. "Seeking help does mean you don't have faith. Yes, your faith can get you maybe out of that little depression that you have or maybe calm your anxiety, but it's also OK to talk to a professional, as well. We steer the program toward the pastors, to try to equip them with the tools they need. We try to point to the research and different things that may have people vulnerable. We try also to make sure we continue to talk about suicide, to normalize the conversation.
"I think sometimes when we talk about suicide, it gets scary, so we tend to avoid talking about it. No, we need to have those open conversations versus not talking about it ... so the point in having this event is to open those conversations, to normalize those conversations."
Though one myth has been that Blacks don't commit suicide, Smith says the statistics prove otherwise.
"Research says they do, do that," she said, "Actually, over the past two years with COVID, there was an increase among Black youth suicide and suicide in general, but specifically Black youth had a significant increase over all racial demographics."
Some of the chief causes, Smith said, tend to be environmental stressors such as bullying, self-esteem, family conflicts and social media.
'It's OK not to be OK'
"Granted, it's been happening over the past two decades, but we saw the faster rate in the past two years," she said.
No Judgement Zones are two-hour PowerPoint programs facilitated by licensed professionals. A graduate of Kent State University, Smith earned a master's degree in social work from Case Western Reserve University, and her doctorate in clinical psychology from Cappella University.
"It consists of going over the science and symptoms, and interventions they can use and help they can get afterwards," she said. "We also try to tie in the spirituality as well. It's also about collaborating and connecting them with mental health services. We also try to also provide them with statistics. Literally nobody thought Black youth suicide would be skyrocketing, but it did."
Smith said the outreach also stresses advocacy, adding that she's gotten assistance and support from StarkMHAR, Stark Mental Health and Recovery.
"Oftentimes minority groups tend not to have one, or they're ignored," she said. "My group with be advocating for local leaders to come together to find out what we can do."
Smith said there remains a stubborn belief among some minorities that to seek help is a sign of weakness.
"Choosing to get help does not mean you're weak," she said. "I want people to know that its OK to not be OK. It's also also OK to reach out for support."
To register, visit the shortened link, https://bit.ly/3I5k4vH or contact Smith at ikeshiasmith@gmail.com. There is a registration fee of $2.70 per person. | https://www.cantonrep.com/story/news/local/canton/2022/07/05/psychologist-bridging-gap-between-churches-and-mental-health/7760901001/ | 2022-07-05T13:06:54Z |
The book introduction came at the end of a week of Edtech and innovation centred-conversations held by the initiative
DOHA, Qatar, June 23, 2022 /PRNewswire/ -- With an underlying focus on Edtech, WISE, an initiative of Qatar Foundation, held a series of discussions during the London Edtech Week, bringing together influential professionals from across the learning ecosystem to present their insights and offer their thoughts on current learning trends in both Europe and beyond. The WISE Edtech Accelerator hosted conversations with ventures such as OBRIZUM and Educare, and opened discussions on funding beyond traditional strategies, ideation to market launch acceleration, and public-private partnerships for edtech.
Elyas Felfoul, Director of Policy Development & Partnerships at WISE, commented: "WISE could not miss a chance to be present in London this year, to highlight the power of collaboration, be partners in innovation, and present the disruptive ideas and new technologies shaping learning and teaching."
Another highlight of the conversations held in London was the unveiling of a Learning Ecosystems Playbook by the WISE Living Lab. The unique book provides readers with tools to plan and work on practical steps, acting as a blueprint for educators to replicate Learning Ecosystems' models within their own communities and contexts.
The subject of Learning Ecosystems has been a growing area of interest in recent years, giving a glimpse into what the future of education might look like, if non-traditional learning providers, sharing technologies and resources, worked together to co-create and enhance learning opportunities within their community. Taking this into account, as well as research and the potential for enhanced access to quality education of Learning Ecosystems, the Playbook provides clear guidance on how to build and manage one. Divided into three parts, the book helps readers prepare, design and tailor a learning ecosystem to its learners.
At a special session held during the London Edtech Week, Aurelio Amaral, Head, Learning Ecosystems, commented: "We hope education stakeholders around the world will feel encouraged to build and strengthen vibrant learning ecosystems in their communities. And we look forward to hearing from them how they employed the tools and tips in the book. Their feedback will help WISE to expand and contextualise our recommendations."
For more information on the Learning Ecosystems Playbook, click here.
For more information about WISE: https://www.wise-qatar.org.
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SOURCE WISE | https://www.mysuncoast.com/prnewswire/2022/06/23/wise-unveils-first-playbook-learning-ecosystems-london-edtech-week/ | 2022-06-23T14:38:29Z |
Region's Leading Value-Added Distributor to Bring Spirion's Privacy-Grade
Data Protection Solutions to Public and Private Sector Enterprises
ST. PETERSBURG, Fla., June 2, 2022 /PRNewswire/ -- Spirion, a pioneer in data protection and compliance, today announced it has entered into an exclusive distribution agreement for its suite of sensitive data privacy, security and governance solutions with Dubai-based Spire Solutions, a top value-added distributor and preferred cybersecurity solutions provider servicing the Middle East and Africa.
The companies will address enterprise data privacy, security and compliance governance needs for public and private sector organizations across the region including UAE, Saudi Arabia, Qatar, Kuwait, Egypt, Jordan, Nigeria and Kenya. The MEA region continues to undergo rapid digital transformation that is producing large volumes of data, including personally identifiable information. Several nations have enacted data privacy legislation to ensure organizations strictly adhere to industry best practices by adopting comprehensive frameworks and efficient solutions.
"Spirion has been solving real data protection problems for more than 15 years and offers proven solutions that cover the full sphere of personal information that privacy regulations govern," stated Siddhartha Murthinty, Chief Technology Officer, Spire Solutions. "I believe that Spirion's Governance Suite, comprising all the key phases of discovery, classification, remediation, monitoring and identifying threats, and automated DSAR fulfilment, will be a perfect way for enterprises to build a comprehensive and proactive privacy posture."
"The partnership between Spire and Spirion provides a strong foundation for enterprise customers and partners in the MEA region to manage and protect their clients' data while ensuring constant compliance with an ever-changing regulatory landscape," said Gabe Hoguet, Director of Global Channels, Spirion. We are pleased to partner with Spire Solutions to enable and empower our clients in their journey towards compliance and data privacy."
Spirion has relentlessly solved real data protection problems since 2006 with accurate, contextual discovery of structured and unstructured data; purposeful classification; automated real-time risk remediation; and powerful analytics and dashboards to give organizations greater visibility into their most at-risk data and assets. Spirion's Privacy-Grade data protection software enables organizations to reduce risk exposure, gain visibility into their data footprint, improve business efficiencies and decision-making while facilitating compliance with data protection laws and regulations.
Twitter: @Spirion
Media Contact
Vicky Harris
vicky.harris@spirion.com
954.557.8163
Spirion is a registered trademark of Spirion Software. All other trademarks and registered trademarks are the property of their respective owners.
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SOURCE Spirion LLC | https://www.kxii.com/prnewswire/2022/06/02/spirion-spire-solutions-partner-address-growing-data-privacy-security-needs-across-middle-east-africa/ | 2022-06-02T13:01:50Z |
Project design includes sustainable landscape elements to benefit local environment
CITY OF PONTIAC, Ill., Aug. 30, 2022 /PRNewswire/ -- Leading independent power producer Soltage today announced its completion of the construction and commissioning of a 2.7 MW community solar project in Pontiac, Illinois. The project is built on land owned by the City of Pontiac and its energy sales are managed by Chicago-based MC Squared Energy Services. The project features single axis-trackers, bi-facial modules and incorporates native pollinator friendly vegetation to benefit the local environment.
The Pontiac project will supply over 4,000 MWh of renewable energy per year to local municipal, commercial, and residential community solar subscribers under the Illinois community solar program. Soltage is delivering energy to its customers through an ongoing partnership with a licensed alternative retail electric supplier, MC Squared. Announced in 2019, the partnership designates MC Squared to serve as Soltage's exclusive subscription manager for all of the company's community solar projects across Illinois over the next twenty years.
Rather than using the typical turf grass, the project incorporates native pollinator-friendly plants including shrubs, grasses, and flowers to cover and protect the soil. This vegetation provides long-term environmental stewardship benefits to the land, local fauna and also dramatically reduces stormwater runoff.
"We're glad to continue the drumbeat of community solar development in Illinois to bring clean, affordable and reliable energy to the community in Pontiac and nearby geographies," said Jonathan Roberts, Vice President of Development for Soltage. "After entering Illinois' market in 2018, we've seen a great demand for community solar through our ongoing partnership with MC Squared and we look forward to increasing access to clean energy for residents and businesses alike."
"We're thrilled to continue our role with Soltage in growing Illinois' clean energy sources to lower our emissions and provide residents and businesses with access to affordable energy around the clock," said Chuck Sutton, president of Chicago-based MC Squared Energy Services. "It is exciting to see the state's goal of reaching 100% carbon-free energy by 2045 roll out across the State, and we are glad to do our part in connecting zero carbon projects with energy consuming customers."
Soltage entered the Illinois market in 2018 and is one of the top 5 community energy providers in the state. Nationally, Soltage has raised and invested over $1 billion into clean energy infrastructure since its founding in 2005. The company has developed over 100 clean energy projects and has more than 450 MW of total distributed generating capacity under construction and management across the country.
Soltage is a leader in the development, financing and operation of distributed utility-scale solar and storage assets for commercial, industrial and municipal customers across the United States. Soltage has developed more than 100 clean energy projects with more than 450 MW total distributed generating capacity under construction and management. Soltage is backed by a group of investors including Prudential Capital Group and is headquartered in Jersey City, New Jersey. For more information, visit www.soltage.com
Established in 2008 by veteran energy industry experts, MC Squared Energy Services, LLC (MC2) is a certified, retail electric-service provider headquartered in Chicago. MC2 helps municipalities, businesses, and individuals with competitive electric supply products to fit their specific needs. The company's customer-focused team has the resources and knowledge to meet its customer's electrical supply requirements. MC2 prides itself on being easy to work with and responsive to its customers.
MC Squared Energy Services, LLC is a wholly owned subsidiary of Wolverine Holdings. Founded in 1994, the Wolverine companies comprise a number of diversified financial institutions specializing in proprietary trading, asset management, order execution services and technology solutions. They are recognized as a market leader with a focus on innovation, achievement and integrity with clients and colleagues. The Wolverine companies are headquartered in Chicago with satellite offices in New York and San Francisco, and a proprietary trading affiliate office located in London.
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SOURCE Soltage | https://www.kxii.com/prnewswire/2022/08/30/soltage-completes-27-mw-community-solar-project-pontiac-il/ | 2022-08-30T11:52:19Z |
BOSTON (AP) — Red Sox left-hander Chris Sale had surgery on his broken left pinkie finger on Monday, a day after it was hit by a line drive in a game against the New York Yankees.
The team called the surgery successful but did not give a timetable for his return. A broken bone usually takes 4-6 weeks to heal, which would allow Sale to return before the end of the season.
In the first inning of Sunday’s game against the Yankees — just his second start since returning from a broken rib — Sale was hit in the hand by Aaron Hicks’ 106 mph line drive. The Red Sox starter screamed in pain and walked immediately off the field.
“One look at this finger, I knew (it was broken) immediately,” Sale said on Sunday. “That feeling of just that kind of cold water rushing through your body when something like that happens. I soon as I hit the ground, I looked down, the finger is gone.”
A seven-time All-Star with the potential to be a staff ace if healthy — and vaccinated — Sale broke a rib while working out on his own during the lockout. He returned on Tuesday and pitched five scoreless innings against Tampa Bay.
Sale, 33, has thrown just 48 1/3 innings for the Red Sox since the end of the 2019 season. Last season, he went 5-1 with a 3.16 ERA in nine starts in his return from Tommy John surgery.
He is in the third year of a five-year, $145 million deal.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/red-sox-lefty-sale-has-finger-surgery-no-return-date-set/ | 2022-07-19T01:29:26Z |
MIDDLETOWN, Ohio, June 14, 2022 /PRNewswire/ -- Elite Education Group International Limited (NASDAQ: EEIQ), (the "Company" or "Elite Education Group International"), a provider of comprehensive education solutions for domestic and international students interested in college and university programs in the US, Canada and the UK, today announced its unaudited first half financial results for the six months ended March 31, 2022 and an operational update.
"We are pleased to report a 32% revenue increase for the first half of fiscal 2022 compared to the first half of 2021 due to a higher number of in-person attendance at the English Language Program at the regional campuses of Miami University as restrictions associated with the global Covid-19 pandemic eased somewhat compared to the year-ago period. Due to our ability to operate efficiently and keep costs down, the more normalized learning environment resulted in a 50% increase in gross profit as compared to the first half of 2021. While our operating performance was strong, non-operating expenses resulted in a net loss for the period," commented Jianbo Zhang, Chairman and Chief Executive Officer.
CEO Jianbo Zhang continued, "We completed two acquisitions during the first half of fiscal 2022 and recently entered into several collaborations as we continue to execute our mission to establish Elite Education Group International as a truly international service provider of higher learning. Our career training and English proficiency offer a cost-effective, practical education for our students, and combined with our pathway programs, enable advanced degrees and expanded career options."
"We plan upon implementing our international strategy by acquiring select colleges in different regions of the world, developing cross-border educational partnerships, creating international academic programming and diversifying our student base. We believe that an enriched international academic experience will help our students reach their full potential and better prepare them for fulfilling careers," CEO Jianbo Zhang concluded.
First Half 2022 Financial Results Ended March 31, 2022
Revenues were $4.1 million for the first half of fiscal 2022 compared to $3.1 million for the same period of 2022, representing an increase of $1.0 million, or 32.3%. The increase was due to a rise in student registration at the regional campuses of Miami University ("the MU Regional Campuses") in the Fall 2021 and Spring 2022 semesters as compared to the Fall 2020 and Spring 2021 semesters due to a lessened impact of the global Covid-19 pandemic.
Gross profit was $2.7 million for the first half of fiscal 2022 compared to $1.8 million for the same period of 2021, representing an increase of $0.9 million, or 50.0%. The increase was primarily due to the increase in revenue and the moderate 3.7% increase in cost of services in the first half of 2022 attributable to operational efficiencies as compared to the same period of 2021. Our gross margin increased to 65.9% for the first half ended March 31, 2022 from 58.1% for the same period of 2021 as more students were able to physically attend the English Language Program at the MU Regional Campuses as Covid-19 travel restrictions eased.
Operating Expenses were $6.0 million for the first half of fiscal 2022 compared to $2.2 million for the same period of 2021, representing an increase of $3.8 million, or 172.7%. The increase was due to $5.3 million in general and administrative expenses which included costs attributable to $2.6 million of share-based compensation granted to employees and management, with the remaining amount attributable to the Company's international business expansion and the consolidation of its newly acquired businesses for the first half of 2022.
Operating loss was $3.3 million for the first half of fiscal 2022 compared to an operating loss of $0.4 million for the same period of 2021 which was due to general and administrative expenses that offset higher revenue and gross margin for the six-months ended March 31, 2022.
Other income was $0.8 million for the first half of fiscal 2022 compared to nil for the same period of 2021, attributable to the sale of residential properties adjacent to the MU Regional Campuses at a sales price of approximately 150% of its initial purchase price.
Income tax expense was $0.01 million for the first half of fiscal 2022 compared to income tax recovery of $0.06 million for the same period of 2021. The increase was due to taxable income for first half of 2022 which was slightly higher than the same period of 2021.
Net loss was $2.5 million for the first half of fiscal 2022 compared to a net loss of $0.3 million for the same period of 2021, which was due to factors discussed above.
Net Loss Per Basic and Diluted Share for the first half of fiscal 2022 was $0.23 compared to a net loss of $0.04 per basic and diluted share for the same period of 2021. The average number of shares used in the computation of basic and diluted earnings per share for the first half of 2022 was 10,835,956 shares compared to 7,946,678 shares for basic and diluted earnings per share in the prior year period.
Financial Condition
As of March 31, 2022, the Company had $12.9 million in cash and cash equivalents, a decrease of $3.6 million or 21.8% as compared to $16.5 million as of September 30, 2021. As of March 31, 2022, working capital was $9.3 million (current assets minus current liabilities) and the current ratio (current assets divided by current liabilities) was 2.5, as compared to working capital of $11.0 million and a current ratio of 2.3 as of September 30, 2021. Stockholders' equity as of March 31, 2022 was $16.3 million, an increase of $1.4 million or 9.4% as compared to $14.9 million as of September 30, 2021.
Liquidity and Capital Resources
Net cash used in operating activities for the six months ended March 31, 2022 was $3.2 million as compared to $2.9 million for the six months ended March 31, 2021. This increase was primarily due to the changes in net income and other working capital balances; the changes in these balances are included in the changes in assets and liabilities presented in the consolidated statement of cash flows.
Net cash provided by investing activities was $0.2 million and net cash used in investing activities was $0.1 million for the six months ended March 31, 2022 and 2021, respectively. The net cash provided by investing activities for the six months ended March 31, 2022 was attributable to proceeds from the sale of property and equipment of $1.9 million and $0.2 million from the collection of a note receivable, which was offset by a payment of $1.9 million used for business acquisition and a payment of $0.3 million due to related party balances.
Net cash used in financing activities was $0.3 million for the six months ended March 31, 2022 as compared to net cash provided by financing activities of $4.9 million for the six months ended March 31, 2021. For the six months ended March 31, 2022, we used $2.0 million in cash for business acquisitions and $0.2 million was advanced to related parties, and for the six months ended March 31, 2021 we generated cash inflow of $4.9 million from the issuance of 893,718 common shares as a result of the completion of our initial public offering.
Business Outlook and Operational Update
In March 2020, The World Health Organization declared the Covid-19 outbreak to be a global pandemic. The pandemic resulted in and continues to cause travel restrictions, related public health orders and economic uncertainties that affect the normal operations of many businesses, including our higher education company.
For the six months ended March 31, 2022, our indicators of recruitment and enrollment for the English Language Program at the MU Regional Campuses improved as compared to those for the year-ago period as the impact from the Covid-19 pandemic lessened.
- As of March 31, 2022, 142 students who had been admitted to the English Language Program at the MU Regional Campuses in the Fall 2021 and Spring 2022 terms, as compared to 121 students for the previous academic year. This represents a 17.4% increase in the number of the students enrolled in the program. In addition, 52 students were present for in-person classes at the MU Regional Campuses in the Fall 2021 term, and an additional 40 students were present beginning in January 2022 for the Spring 2022 term. It is beneficial for the Company to have its students on-campus due to the receipt of residential fees and other fees. The remainder of the students who had been admitted to the English Language Program at the MU Regional Campuses as of March 31, 2022 were taking online classes.
We have made significant steps to execute on our strategic plan to become an international service provider of higher learning by acquiring colleges around the globe and by developing cross-border educational collaborations.
- In January 2022, we acquired 80% of the equity of EduGlobal College, located in Vancouver, Canada. EduGlobal College provides English language programs for international students to help them to achieve baccalaureate and graduate programs at Canadian universities. EduGlobal College recently launched its pioneering pathway program with Algoma University, located in Sault Ste. Marie, Ontario, Canada, that establishes a seamless pathway for our students to earn transferable university credits and complete their baccalaureate degrees and graduate certificates at Algoma University's Brampton and Sault Ste. Marie campuses.
- In November 2021, we closed on the acquisition of 70% of Ameri-Can Education Group Corp. which has the right to the underlying equity of Davis College, a two-year career-training college located in Toledo, Ohio. Davis College offers career-training educational courses in business management, data science, nursing, electrical engineering, and other areas that most often lead to careers that are in high demand. To internationalize its academic programming and foster a global experience for its students, Davis College recently announced partnerships for a variety of bilateral academic activities with Holy Cross of Davao College of the Philippines, Anhui Business College located in Wuhu, Anhui Province, China, and Chongqing Technology and Business Institute, located in Chongqing, China.
As with other colleges and universities, we have adapted to the challenges that the Covid-19 pandemic has had on higher education. While we believe that in-person instruction and a campus learning and social experience is best for our students, we believe that the new hybrid system of remote and in-person learning adopted by many colleges and universities will continue to evolve. We believe that our current operations provide a diversified income stream that balances both our owned and operated colleges and our extensive recruiting activities. We also believe that our serving a niche market that meaningfully connects to students who may not ordinarily pursue higher education but that enables them to reach their aspirational goals is a positive and effective business model, and that we will be successful in providing solid returns to all of our constituents.
About Elite Education Group International Limited
Elite Education Group International Limited ("Elite Education" or the "Company"), through its subsidiaries Quest Holding International LLC and Highrim Holding International Limited, provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the US, Canada and the UK. The Company recently acquired 80% of the equity of EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company also recently acquired the right to a controlling equity ownership position in Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the regional campuses of Miami University of Ohio ("the MU Regional Campuses"), where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company also acts as a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the United Kingdom. For more information, please visit www.eei-global.net.
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this press release include, without limitation, the Company's ability to implement its international strategy as described. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
Contacts:
Elite Education Group International Limited
+1 513-649-8350
ir@eei-global.net
Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
FINANCIAL TABLES FOLLOW
Source: Elite Education Group International Limited
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SOURCE Elite Education Group International Limited | https://www.wibw.com/prnewswire/2022/06/14/elite-education-group-international-ltd-announces-first-half-fiscal-year-2022-financial-results-operational-update/ | 2022-06-14T20:53:30Z |
WASHINGTON (NEXSTAR) – NASA was forced to delay the launch of its moon rocket after some technical issues on Monday. The highly-anticipated flight is still expected to happen eventually.
Before the Artemis I launch window officially opened, the Space Launch System (SLS) rocket had issues with fuel leaks and engine cooling. That led to engineers and officials making the call to postpone the launch.
“We don’t launch until it’s right,” NASA Administrator Bill Nelson said. “It’s just part of the space business and it’s part of, particularly, a test flight.”
Engineers are working on fixing the problems. The plan is to try the launch again soon, potentially as early as this Friday.
“They’re going to work it. They’ll get to the bottom of it. They’ll get it fixed and then we’ll fly,” Nelson said.
Vice President Kamala Harris was there for the planned launch. She says that despite the delay, she’s excited about the project and what it could accomplish in the future.
“This is with the goal of humans being able to live and work on the moon and with the next step being to travel to Mars,” Harris said.
If NASA can successfully launch the test flight, the next step will be getting astronauts on board a flight around the moon. They they hope to send astronauts on a third mission to land on the moon in 2025. | https://cw33.com/news/washington-dc-bureau/nasa-forced-to-delay-historic-moon-launch-mission/ | 2022-08-29T23:19:35Z |
TIFTON — For nearly three decades, Juan Carlos Díaz-Pérez has been contributing to the field of sustainable vegetable production, focusing on organic agriculture as a professor in the University of Georgia Department of Horticulture. This month, Georgia Organics is recognizing his work with its 2022 Land Steward Award.
The award recognizes an individual who has made “significant commitments to the tenets of organic agriculture, including soil fertility, biodiversity, on-farm recycling and water quality.”
Díaz-Pérez, a native of Mexico, studied agriculture and plant sciences at the University of Guadalajara and received his master’s and doctorate in plant physiology from the University of California, Davis. He worked as a professor in Mexico before joining UGA’s College of Agricultural and Environmental Sciences in 1998.
Díaz-Pérez spoke with UGA integrated pest management communications coordinator Emily Cabrera about the award and his career.
What does winning this award mean to you?
The Land Steward Award was established by Georgia Organics to recognize someone who has made substantial contributions to the organic agricultural movement in Georgia, so I am very thankful that they thought of me.
I have enjoyed my collaborations and have learned so much from working with them, so I appreciate that they recognize my work.
How did you get into this line of research?
When I was in college, I used to read books and magazines on organic gardening and organic agriculture. I became interested in the connection between plants, the soil and the larger environment. Agriculture is what feeds us. The most basic thing we need as humans is food. To me, research is an invitation to be challenged; it’s continuous.
We just have to keep our eyes open to ascertain what nature is trying to tell us. To contribute to growing good food using sustainable methods was something I really wanted to do.
Your research interests are vast — how would you define your work?
I work on different production systems, from conventional to organic and everything in between. Organic fertilization of crops is one of my big research areas. The other, which is probably the most profound, is the use of plasticulture technologies, such as plastic mulch, shade nets and high tunnels.
Throughout my career I have seen the need to improve the way we manage the technology behind plasticulture. There are many benefits to using plastic in both organic and conventional systems but especially for organic growers.
To be able to suppress weeds without chemicals is one of the biggest benefits of using plastic mulch. I’ve also been working on biodegradable mulches that can degrade in the field. We’re just finishing up with trials from this winter, and the biodegradable mulches seem to be holding up reasonably well. There is still a lot to be answered with this technology, but I think we’re moving in the right direction overall.
What has been your biggest motivation over the years?
I think my biggest motivation is to have a type of agriculture that is both safe and profitable for farmers and farm workers. Farm workers are often overlooked for their contribution, but I think we need to recognize that their labor is valuable.
Farmers and farm workers should be able to work in safe and healthy environments, and I hope that some of my work improves farming as a profession while simultaneously benefiting the environment.
What challenges have you faced?
There have been many, but one of the most practical challenges has been limited access to funding that supports this line of research. I have been able to accomplish a lot, but I assure you if I’d had access to more funding I could have done so much more.
But I do what I can with what I have and hopefully it’s been helpful in the grand scheme of things.
What has been the most rewarding part of your work?
It is a very special moment when you have growers come to tell you how much they appreciate what you have done. When I see they have used some of the information I developed or helped develop, that’s a very nice moment to behold.
Ultimately we are supposed to be servants, we are serving people of Georgia and the country, and the world in reality, but the people of Georgia first. So when someone thanks me, that’s the best award I can get.
What do you think will be your legacy?
Hopefully I have contributed to making a more sustainable agriculture — to make at least a small contribution, because I don’t see any other way forward for us as a species.
With climate change, with environmental degradation, we already see indications that we need to change our ways of living and working, and that includes agriculture. We must improve our sustainability. I hope that some of what I have done helps us bestow the soil to our children in a better condition than we received it.
Georgia Organics will host its 25th annual conference on June 26 in Stockbridge. | https://www.albanyherald.com/news/uga-horticulture-professor-receives-georgia-organics-2022-land-steward-award/article_570e60fc-eb77-11ec-93fc-f7d505602516.html | 2022-06-18T13:24:52Z |
1 person was killed and 2 injured during a Virginia mall shooting
By Alaa Elassar and Tina Burnside, CNN
Police are searching for people involved in a shooting at a Virginia mall that left one person dead and two others injured Saturday.
Officers responded to calls at the MacArthur Center in Norfolk around 6 p.m., the Norfolk Police Department said on Twitter.
Roosevelt A. McKinney, 33, was found dead outside the mall from a gunshot wound, police said in a press release.
A man and a woman were taken to a local hospital with injuries that were not life threatening, police said.
The shooting stemmed from an argument over money, Chief Larry Boone said during a press conference late Saturday, according to CNN affiliate WTKR.
Police are looking for a suspect and a person of interest.
The Norfolk Crime Line is offering a $1,000 reward for information that leads to an arrest. Anyone with tips can submit them online.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-national/2022/04/03/1-person-was-killed-and-2-injured-during-a-virginia-mall-shooting/ | 2022-04-03T18:31:07Z |
A 61-year-old is set to row solo from the US to France. The entire journey will be nearly 4,000 miles
By Sara Smart, CNN
Over the next couple of months, one man will attempt to row close to 4,000 miles across the Atlantic Ocean.
Peter Harley, 61, hopes to set sail next week, weather permitting, from Virginia Beach and make his way to La Trinité-sur-Mer, France.
He told CNN on Thursday he estimates the entire rowing journey will take anywhere from three to four months.
“I’m not nervous,” Harley said. “I’ve been in boats at sea in South Africa for many years, so I kind of know what’s coming and I’m not afraid of it.”
Harley said he was inspired to take on such a trek while in his home country of South Africa a few years ago, but after he moved to the United States in 2019, the goal became more attainable.
Harley will make his idea a reality when he launches himself into the Atlantic in a 24-foot boat. It’s not quite a typical rowboat and is designed to handle less-than-ideal conditions.
Ocean current conditions and weather will play a huge part in his journey, but Harley is confident in the vessel.
“If the boat were to capsize, it’s designed to re-right itself,” Harley said. “Bad conditions pass by eventually, so I’ll have to ride things out.”
The vessel is equipped with a sleeping cabin, plenty of storage and solar panels for communication and navigation purposes. But: “The bathroom, I’m afraid, is just a bucket,” Harley said.
Also onboard the boat is a desalinator, which converts ocean water into clean drinking water.
The solar panels will give Harley the ability to stay in constant communication with his daughter, Bonnie Evans, back home, who has helped him prepare along the way.
Evans told CNN she is more excited than nervous for her father. “If there’s anybody I know that can do this, it’s certainly my dad.” Evans said. She described him as a meticulous person who has every detail of this journey calculated out.
And preparation for the trans-Atlantic journey has been no joke: 28 months of training, 13 of which were 7 days a week.
“It’s been a very intense process and requires a tremendous amount of discipline, dedication and focus,” Harley said.
Thinking about the trek so far in advance has helped Harley mentally prepare. He says he isn’t worried about the loneliness aspect of the journey either, as he’s experienced lots of time alone before.
He’s also had to change up his eating habits over the past eight months to get his diet right for all the time away from a kitchen. While onboard, he’ll eat protein bars, oatmeal and even pasta.
The intensity of the event has also inspired the father-daughter duo to turn it into a fundraiser for three charities: 5 Gyres, the Pediatric Brain Tumor Foundation and the Best Friends Animals Society.
“We wanted to touch on three components: the planet, people, and animals,” Evans said of their choices.
If Harley lands successfully in France, he will go down in history as the first to do so. Two prior attempts have failed.
“I’ve prepared as much as I can,” Harley said, “I’m as strong as I can be, I’m as fit as I can be, I’ve done as much as I can I just have to get it done.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-national/2022/04/28/a-61-year-old-is-set-to-row-solo-from-the-us-to-france-the-entire-journey-will-be-nearly-4000-miles/ | 2022-04-29T01:56:50Z |
Furniture Donation to local, Atlanta, non-profit part of Ashley Sleep launch
ATLANTA, July 22, 2022 /PRNewswire/ -- In partnership with MUST Ministries, Ashley Furniture has donated more than $39,000 in retail value of bedroom furniture, accents and accessories and their newest Ashley Sleep lineup of mattresses to a local, Atlanta-based organization who is devoted to transforming lives and communities. MUST Ministries is a nonprofit located in Atlanta serving those in poverty in eight Metro-Atlanta counties for 51 years and providing families with aid in poverty, lack of housing and help to earn a new beginning. This comprehensive organization operates solely on donations and ensures that they are "serving our neighbors in need."
"We are so grateful to Ashley for providing our families experiencing homelessness with furniture for their new homes," said MUST Ministries, VP of Housing, Falecia Stewart. "Most of these families come to us with just the clothes on their backs. Having their homes furnished by Ashley means so much to them, and so much to MUST. The furniture will specifically support our new housing programs in Paulding County as well as Cherokee County, which provide two- and three-bedroom units to clients being served through our Permanent Supportive Housing program."
On July 21, Ashley welcomed 54 guests to the Ashley Sleep Bed & Breakfast Experience in Atlanta, GA. Guests were the first to experience the full assortment of the new Ashley Sleep mattresses inclusive of Essentials, Gruve and Align. The immersive experience also allowed guests to not only interact with the new Ashley Sleep mattresses, but also take part in activations such as a DIY face mask bar, custom sleep masks and hand-crafted matcha lattes. The event also focused on educational elements highlighting the importance of sleep and the health and wellness benefits that come with a good night's rest.
"It is a privilege to be able to donate to MUST Ministries, to say the least," said Kelly Davis, Senior Director of Marketing Strategy at Ashley. "Our purpose here at Ashley is 'to inspire the love of home and enrich the lives of those around us' and I believe this donation is doing just that. We are so grateful that we can be a small part of the MUST Ministries families' new beginnings."
Ashley is committed to being your trusted partner and style leader for the home. This commitment has made Ashley the largest retail furniture store brand in North America and one of the world's best-selling furniture store brands with more than 1,075 locations in 64 countries.
Start designing your dream home today. Visit Ashley online at www.ashley.com "Like" Ashley on Facebook, follow on Twitter, Instagram and TikTok, or see our design-focused boards on Pinterest.
MUST Ministries is a nonprofit, faith-based organization helping people break the cycle of poverty. MUST provides basic needs to more than 55,000 people a year, including groceries, hot meals, housing, emergency shelter, healthcare clinics, workforce development, toy shops, children's summer lunches, clothing and more. All services are free and provided without regard to income, race or religious beliefs.
Media Contact:
Carolina Ribble
cribble@ashleyfurniture.com
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SOURCE Ashley HomeStores, LTD. | https://www.kxii.com/prnewswire/2022/07/22/ashley-partners-with-must-ministries-support-families-poverty-local-atlanta-area/ | 2022-07-22T13:12:14Z |
- Enterprise Solutions Revenues Achieves Record High Among First Quarters -
- Gross Margin Hit Recent High Due to Improved Product Mix -
HONG KONG, May 27, 2022 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (Nasdaq: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced unaudited financial results for the first quarter ended March 31, 2022.
Jian "T.J." Tang, Chairman, Chief Executive Officer and Co-Founder of iClick stated, "We are pleased with the continued strong performance of our Enterprise Solutions, with a 34% year-over-year revenue growth rate to US$15.7 million, representing another record high as compared to any of our historical first quarters. With the rising contribution from the higher-margin Enterprise Solutions business, we saw improved gross margin in the first quarter of 2022 as well. In the meantime, as mentioned last quarter, we have continued to execute our strategic move to unwind lower-margin, higher-risk Marketing Solutions businesses, to focus on our Enterprise Solutions.
While the uncertain macro environment and rapid evolvement of COVID-19 challenged our clients' Enterprise Solutions implementations and client onboarding in the first quarter of 2022, we are encouraged by our continued solid execution and robust client pipeline. We believe the SaaS+X business model will help empower brands in China during these challenging times. Clients require a higher level of guidance and implementation regarding how they can enhance their customer loyalty and their re-purchase rates to drive ongoing revenue growth. We believe our growing footprint will position us well to capitalize on the digitalization transformation trend in China.
In addition to the weak macro environment and rapid evolvement of COVID-19, tightened government regulations targeting certain industries within which our clients operate have led to a broad-based advertising market slowdown in China which adversely impacted our Marketing Solutions business. We will continue to implement our strategic shift away from Marketing Solutions to focus on Enterprise Solutions to best leverage our resource and navigate through these challenges."
First Quarter 2022 Results:
Revenue for the first quarter of 2022 was US$47.4 million, compared with US$66.6 million for the first quarter of 2021, mainly due to the decrease in revenue from Marketing Solutions, which was partially offset by the increase in revenue from Enterprise Solutions.
Revenue from Marketing Solutions declined to US$31.7 million for the first quarter of 2022, compared with US$54.8 million for the first quarter of 2021, primarily because we strategically reduced lower margin and higher risk businesses within the Marketing Solutions segment while turned to focus on Enterprise Solutions business, which we believe has higher growth potential. The decline in revenue from Marketing Solutions was also due to the tightened regulation targeting certain industries in which our clients operate, which led to a broad-based advertising market slowdown in China.
Revenue from Enterprise Solutions grew to US$15.7 million for the first quarter of 2022, up approximately 34% from US$11.7 million for the first quarter of 2021, primarily due to the increasing need for online and offline consumer behavior data integration and digital transformation.
Gross profit for the first quarter of 2022 was US$16.0 million, compared with US$19.5 million for the first quarter of 2021, mainly due to the decline in Marketing Solutions segment, which was partially offset by the growth from Enterprise Solutions segment. Gross profit margin was improved to 33.8% for the first quarter of 2022 from 29.4% for the first quarter of 2021, primarily as a result of our resource allocation to and rising contribution from the higher-margin Enterprise Solutions business.
Total operating expenses remained relatively flat at US$25.6 million for the first quarter of 2022, compared with US$25.9 million for the first quarter of 2021.
Operating loss for the first quarter of 2022 was US$9.6 million, compared with US$6.4 million for the first quarter of 2021, as a result of the decrease in gross profit
Net loss totalled US$9.3 million for the first quarter of 2022, compared with US$7.5 million for the first quarter of 2021, primarily due to the decrease in gross profit.
Net loss attributable to the Company's shareholders per basic and diluted ADS for the first quarter of 2022 was US$0.09, compared with a net loss per basic and diluted ADS of US$0.08 for the first quarter of 2021.
Adjusted EBITDA for the first quarter of 2022 was a loss of US$3.4 million, compared with earnings of US$3.6 million for the first quarter of 2021. For a reconciliation of the Company's adjusted EBITDA from net loss, its most comparable GAAP measure, please refer to "Unaudited Reconciliations of GAAP and Non-GAAP Results."
Adjusted net loss for the first quarter of 2022 was US$5.5 million, compared with an adjusted net income of US$0.6 million in the first quarter of 2021. For a reconciliation of the Company's adjusted net (loss)/income from net loss, its most comparable GAAP measure, please refer to "Unaudited Reconciliations of GAAP and Non-GAAP Results."
Gross billing[2] was US$99.9 million for the first quarter of 2022, compared with US$200.0 million for the first quarter of 2021, primarily as a result of the decline in gross billing from Marketing Solutions segment, which was partially offset by the increase in gross billing from Enterprise Solutions segment.
As of March 31, 2022, the Company had cash and cash equivalents, time deposits and restricted cash of US$91.0 million, compared with US$88.7 million as of December 31, 2021.
Share Repurchase Program
On December 22, 2021, the Company announced a share repurchase program in which it may purchase its own ADSs with an aggregate value of up to US$20.0 million from January 1, 2022 to December 31, 2022. As of March 31, 2022, the aggregate value of purchased shares was approximately US$4.2 million.
Withdrawal of Full Year 2022 Outlook
In view of episodic resurgences of the COVID-19 pandemic since the first quarter of 2022 and various disease control measures implemented by the government in various regions in China including Beijing and Shanghai, substantial uncertainties remain around the macroeconomic conditions and client demand, which have and will continue to materially affect our client on-boarding and solution implementation. Relaxation of restrictions on economic and social life may lead to new cases, which may lead to the re-imposition of restrictions. As a result, the duration of COVID-19's disruption on our business and the resulting financial and operational impact on us cannot be reasonably estimated at this time. The extent to which the COVID-19 pandemic may further impact our business and financial performance will depend on future developments, which are highly uncertain and largely beyond our control. Given the evolving nature of the COVID-19 pandemic and disease control measures implemented by government, currently we are unable to forecast with reasonable accuracy the full duration, magnitude, and pace of recovery across our markets. Therefore, we are withdrawing our financial guidance for full year 2022 announced in our previous earnings release on March 24, 2022. We will continue to closely monitor the impact of the pandemic on our operations and financial results, and provide an update when there is improved visibility.
Conference Call
The Company will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 27, 2022 (8:00 PM Beijing/Hong Kong time on May 27, 2022). Participants may join the call through either of the below methods:
1. Dial-in to the conference call:
Participants are asked to pre-register for the call via the following link:
Upon registering, participants will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID.
2. Webcast:
Participants may also join a live and archived webcast of the call through the below link:
A live and archived webcast of the conference call will be available on iClick's investor relations website at https://ir.i-click.com.
A webcast replay of the call will be available approximately two hours after the end of the call through May 27, 2023. The webcast replay can be accessed through the above link.
About iClick Interactive Asia Group Limited
Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a leading enterprise and marketing cloud platform in China. iClick's mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in eleven locations across Asia and Europe. For more information, please visit https://ir.i-click.com.
Non-GAAP Financial Measures
The Company uses adjusted EBITDA, adjusted net (loss)/income, and diluted adjusted net (loss)/income per ADS, each a non-GAAP financial measure, in evaluating the Company's operating results and for financial and operational decision-making purposes. The Company believes that adjusted EBITDA, adjusted net (loss)/income, and diluted adjusted net (loss)/income per ADS help identify underlying trends in the Company's business that could otherwise be distorted by the effect of the expenses and gains that the Company includes in net loss. The Company believes that adjusted EBITDA and adjusted net (loss)/income provide useful information about the Company's operating results, enhance the overall understanding of the Company's past performance and future prospects and allow for greater visibility with respect to key metrics used by the Company's management in its financial and operational decision-making.
Adjusted EBITDA, adjusted net (loss)/income, and diluted adjusted net (loss)/income per ADS should not be considered in isolation or construed as an alternative to net loss or any other measure of performance or as an indicator 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, adjusted net (loss)/income, and diluted adjusted net (loss)/income per ADS 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 the Company's financial information in its entirety and not rely on a single financial measure.
For more information on these non-GAAP financial measures, please see the table captioned "Unaudited Reconciliations of GAAP and Non-GAAP results" set forth at the end of this press release.
These non-GAAP financial measures were presented with the most directly comparable GAAP financial measures together for facilitating a more comprehensive understanding of operating performance between periods.
Safe Harbor Statement
This announcement contains forward-looking statements, including those related to the Company's business strategies, operations and financial performance. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. 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 fluctuations in growth; its success in its strategic shift away from Marketing Solutions to focus on Enterprise Solutions; its success in implementing its SaaS + X business model; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favourable contractual terms; market competition; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; the duration of the COVID-19 outbreak and its potential impact on the Company's business and financial performance; fluctuations in foreign exchange rates; general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and other 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:
(financial tables follow)
ICLICK INTERACTIVE ASIA GROUP LIMITED
Unaudited Reconciliations of GAAP and Non-GAAP Results
(US$'000, except share data and per share data, or otherwise noted, unaudited)
Adjusted EBITDA represents net loss before (i) depreciation and amortization, (ii) interest expense, (iii) interest income, (iv) income tax expense, (v) share-based compensation, (vi) other losses, net, (vii) convertible notes and shares issuance cost, (viii) net loss attributable to non-controlling interests, (ix) share of losses from an equity investee, and (x) cost related to new business setup or acquisitions.
The table below sets forth a reconciliation of the Company's adjusted EBITDA from net loss for the periods indicated:
Adjusted net (loss)/income represents net loss before (i) share-based compensation, (ii) other losses, net, (iii) convertible notes and shares issuance cost, (iv) net loss attributable to non-controlling interests, and (v) share of losses from an equity investee, and (vi) cost related to new business setup or acquisitions. There is no material tax effects on these non-GAAP adjustments.
The table below sets forth a reconciliation of the Company's adjusted net (loss)/income from net loss for the periods indicated:
The diluted adjusted net (loss)/income per ADS for the periods indicated are calculated as follows:
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SOURCE iClick Interactive Asia Group Limited | https://www.wibw.com/prnewswire/2022/05/27/iclick-interactive-asia-group-limited-reports-2022-first-quarter-unaudited-financial-results/ | 2022-05-27T11:39:29Z |
2022 Housing market forecast revised to 380,630 units sold and a statewide median price of $863,390.
- Existing, single-family home sales totaled 344,970 in June on a seasonally adjusted annualized rate, down 8.4 percent from May and down 20.9 percent from June 2021.
- June's statewide median home price was, $863,790 down 4.0% percent from May and up 5.4% percent from June 2021.
- Year-to-date statewide home sales were down 10.9 percent in June.
LOS ANGELES, July 18, 2022 /PRNewswire/ -- California's housing market continued to downshift in June as housing demand cooled further to levels not seen in the past two years and logged its biggest dip since May 2020, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.
Infographic: https://www.car.org/Global/Infographics/2022-06-Sales-and-Price
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 344,970 in June, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide annualized sales figure represents what would be the total number of homes sold during 2022 if sales maintained the June pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales. June's sales pace was down 8.4 percent on a monthly basis from 376,560 in May and down 20.9 percent from a year ago, when 436,020 homes were sold on an annualized basis.
"California's housing market continues to moderate from the frenzied levels seen in the past two years, which is creating favorable conditions for buyers who lost offers or sat out during the fiercely competitive market," said C.A.R. President Otto Catrina, a Bay Area real estate broker and REALTOR®. "With interest rates moving sideways in recent weeks and fewer homes now selling above listing price, prospective buyers have the rare opportunity to see more listings coming onto the market and face less competition that could force them to engage in a bidding war."
California's median home price declined 4.0 percent in June to $863,790 from the revised record-high of $900,170 recorded in May. The June price was 5.4 percent higher than the $819,630 recorded last June. The moderation in the median home price was due partly to a change in the mix of sales in June, as the high-end market started pulling back.
After increasing for four consecutive months, the share of million-dollar home sales dipped as sales in the higher-price segment dropped 8.3 percent from the prior month. Sales of homes priced $2 million and up, in fact, plummeted 17.9 percent from May 2022. The sub-$500,000 market, on the other hand, increased 2.1 percent on a month-to-month basis in June. More moderation will likely come in July as sharp declines in pending sales in the upper-price segments suggest a drag on the statewide median price in the upcoming months.
"Excluding the three-month pandemic lockdown period in 2020, June's sales level was the lowest since April 2008. Pending sales data also suggests we can expect additional retreating in the coming months," said C.A.R. Vice President and Chief Economist Jordan Levine. "With inflation remaining high and interest rates expected to climb further in the coming months, the market will normalize further in the second half of the year with softer sales and more moderate price growth."
As such, C.A.R. has revised its 2022 housing forecast and projects existing single-family home sales to reach 380,630 units in 2022, a decline of 14.4 percent from the 444,520 units sold in 2021. The latest estimate is a revision from the projection of 416,810 units sold released in October 2021. Despite a more moderate growth rate in the second half of the year, the California median home price is projected to increase 9.7 percent to $863,390 in 2022, a solid gain from the annual median of $786,750 in 2021. The updated projection on the statewide median price is an increase from the estimate of $834,440 forecast last October. C.A.R. also projects the average 30-year fixed mortgage interest rate to rise to the range between 6.25 percent to 6.5 percent by the end of 2022 and averaging 5.2 percent for the year.
With the market shifting, consumers were less positive in June about the state's housing market conditions, according to C.A.R.'s monthly Consumer Housing Sentiment Index. Conducted in June, 79 percent of respondents believed that the overall economic conditions in California will not improve in the next 12 months, while 85 percent believed that interest rates will not fall within a year. Only 14 percent of the respondents thought it was a good time to buy a home, a slight increase from the record low reached in May, but still a sizeable decline from last June's 19 percent. While those who believed it was a good time to sell a home remained above pre-pandemic levels, the sharp monthly decline of 7 percentage points from 68 percent in May dragged the index down to the lowest level in 16 months.
Other key points from C.A.R.'s June 2022 resale housing report include:
- At the regional level, all major regions experienced double-digit sales declines from last year, with three of the five regions falling by more than 25 percent on a year-over-year basis. Southern California had the biggest drop of all regions, with sales plunging 27.1 percent from a year ago. All six counties within the region dipped more than 20 percent year-over-year, with Orange County declining the most at 36.1 percent. The San Francisco Bay Area (-26.8 percent) had the second largest drop of all regions, followed by the Central Coast (-26.3 percent), the Central Valley (-19.6 percent), and the Far North (-18.5 percent).
- All but two counties tracked by C.A.R. posted sales drops in June from a year ago. Of the 49 counties that experienced a sales decline, 48 of them fell by double-digits from last year, and 36 California counties had a year-over-year sales plunge of more than 20 percent. San Benito had the biggest sales drop from last June at -48.6 percent, followed by Siskiyou (-45.2 percent), Orange (-36.1 percent), and Santa Cruz (-36.1 percent). Counties with a sales decline decreased an average of -23.9 percent in June. Only two counties recorded a year-over-year sales increase in June, compared to 12 counties in May. Glenn (22.2 percent) and Mendocino (17.2 percent) were the only counties with a sales gain from last year. For the first six months of 2022, Plumas had the largest sales decline of -31.2 percent, while Yuba (+26.5 percent) continued to have the best sales performance of all counties.
- At the regional level, home prices in all major California regions increased in price from last year, with the Central Coast leading the way at a 10.1 percent increase, followed by Central Valley (10.0 percent) and Southern California at 8.4 percent.
- At the county level, while median prices in most counties may have already hit their peak for the year, nearly nine out of 10 California counties continued to record an increase in their median price from a year ago. Santa Barbara had the largest year-over-year gain in its median price at 33.7 percent, followed by Siskiyou (30.2 percent) and Madera (17.8 percent). Seven counties posted a dip in median price from last year, with Amador leading the pack (-7.9 percent), followed by San Mateo (-5.3 percent) and Mono (-4.1 percent).
- The overall supply conditions in California improved again in June, with the statewide unsold inventory index (UII) rising to the highest level in two years. The improvement in the index was partly due to an increase in supply and partly due to a pullback in demand. With both closed sales and pending sales slowing by more than 20 percent, total active listings surged 64.4 percent in June, the largest year-over-year growth in more than seven years. Active listings in June also climbed to the highest level since November 2019, with a month-to-month increase of 28.8 percent from May.
- Forty-six of the 51 counties tracked by C.A.R. registered a year-over-year increase in active listings in June, compared to 44 counties in May. Nine counties had triple-digit gains in properties for sale from last year, with Yolo leading the pack at 126.8 percent year-over-year, followed by Solano (122.3 percent) and Merced (112.5 percent). Only five counties experienced a decline in active listings from last year, with Del Norte dropping the most at -29.3 percent, followed by Plumas (-11.9 percent) and Lassen (-10.9 percent).
- The median number of days it took to sell a California single-family home was 11 days in June and 8 days in June 2021.
- C.A.R.'s statewide sales-price-to-list-price ratio* was 101.3 percent in June 2022 and 104.1 percent in June 2021.
- The statewide average price per square foot** for an existing single-family home was $424, up from $391 in June a year ago.
- The 30-year, fixed-mortgage interest rate averaged 5.52 percent in June, up from 2.98 percent in June 2021, according to Freddie Mac. The five-year, adjustable mortgage interest rate averaged 4.28 percent, compared to 2.56 percent in June 2021.
Note: The County MLS median price and sales data in the tables are generated from a survey of more than 90 associations of REALTORS® throughout the state and represent statistics of existing single-family detached homes only. County sales data is not adjusted to account for seasonal factors that can influence home sales. Movements in sales prices should not be interpreted as changes in the cost of a standard home. The median price is where half sold for more and half sold for less; medians are more typical than average prices, which are skewed by a relatively small share of transactions at either the lower end or the upper end. Median prices can be influenced by changes in cost, as well as changes in the characteristics and the size of homes sold. The change in median prices should not be construed as actual price changes in specific homes.
*Sales-to-list-price ratio is an indicator that reflects the negotiation power of home buyers and home sellers under current market conditions. The ratio is calculated by dividing the final sales price of a property by its last list price and is expressed as a percentage. A sales-to-list ratio with 100 percent or above suggests that the property sold for more than the list price, and a ratio below 100 percent indicates that the price sold below the asking price.
**Price per square foot is a measure commonly used by real estate agents and brokers to determine how much a square foot of space a buyer will pay for a property. It is calculated as the sale price of the home divided by the number of finished square feet. C.A.R. currently tracks price-per-square foot statistics for 50 counties.
Leading the way…® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with more than 217,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.
r = revised
r = revised
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SOURCE CALIFORNIA ASSOCIATION OF REALTORS | https://www.wibw.com/prnewswire/2022/07/18/california-home-sales-price-curb-june-housing-demand-cools-car-reports/ | 2022-07-18T14:48:20Z |
WEST CONSHOHOCKEN, Pa. , June 10, 2022 /PRNewswire/ -- SAFARI Montage is excited to add four superstar edtech leaders to our team with the addition of Shannon Terry (Vice President of National Strategic Accounts), Kate Crawford (Vice President of Strategic Accounts), Tricia Kennedy (Consultant) and Nicole O'Brien (Manager of Customer Engagement). This quartet of forward-thinking female industry veterans brings a wealth of experience serving the K-12 community and using SAFARI Montage solutions as well as extensive expertise designing and implementing interoperable digital learning ecosystems.
In her new role as Vice President of National Strategic Accounts for SAFARI Montage, Shannon Terry will work closely with school districts to provide strategic vision and direction on implementing and effectively leveraging SAFARI Montage solutions in their digital ecosystems. Dr. Terry comes to the company from the Texas Education Agency (TEA) where she worked as the Division Director of Program Integration Strategy. Prior to TEA, Shannon served as the Executive Director of Professional and Digital Learning for Dallas Independent School District (TX).
Kate Crawford will be joining SAFARI Montage in August 2022 as the Vice President of Strategic Accounts. She most recently served as the Director, Digital Learning and Media Services at Fayette County Public Schools (GA) where she spent the last decade guiding the district on the effective use of technology and determined the applicability for educational settings and student achievement through actual implementation and progressive teaching and learning strategies. In her new role, Kate will work closely with the team at Chicago Public Schools (CPS) as they continue to leverage the SAFARI Montage Learning Object Repository as the interoperable foundation for their Skyline Digital Curriculum initiative along with other key K-12 partner school districts.
Tricia Kennedy is the former Executive Director, Instructional Development and Support for Gwinnett County Public Schools (GA). She is a nationally recognized leader in K-12 educational technology and recently retired after 30+ years of service at GCPS where she provided leadership on the design and implementation of the district's digital conversion initiative, including selection, procurement, and implementation of their learning management system; design of student and instructional staff portals and digital ecosystem; professional development for instructors and staff on use of technology to enhance effective instruction; preparation for district digital learning days. In her role as a Consultant for SAFARI Montage, Tricia will be working with SAFARI Montage K-12 partner districts to develop and implement effective digital curriculum, including facilitating leadership discussions of district needs, vision and requirements for digital curriculum; presenting districts with best practices and potential models for digital curriculum; connecting district with thought leaders in digital ecosystem and curriculum design; and more. Her first day with the company will be Monday, June 13, 2022.
Nicole O'Brien brings considerable experience and knowledge of K-12 public education as well as education technology to SAFARI Montage. In her most recent role, Nicole served as an Account Services Manager for Education Networks of America (ENA) and before that worked as the Technology Integration Coordinator for Sharon Public Schools (MA) and the Application Integration Support at Newton Public Schools (MA). As the Manager of Customer Engagement, Nicole will work with K-12 school districts throughout the Northeast United States to find the best ways to solve their digital instruction challenges using the SAFARI Montage platform.
"The addition of this fabulous foursome of edtech leaders will help SAFARI Montage strengthen our vision and commitment to advancing the possibilities for digital teaching and learning in K-12 classrooms," stated Tim Beekman, President & Co-Founder, SAFARI Montage.
SAFARI Montage is the leading K-12 Learning Object Repository, Video Streaming Library, IPTV & Live Media Streaming provider. This enterprise-level solution provides an interoperable foundation for teachers and students to have equitable access to procured, created and curated educational digital resources, create playlists and link them to their LMS. The platform is IMS certified in Learning Tools Interoperability (LTI), Common Cartridge, OneRoster, Competencies & Academic Standards Exchange (CASE), and Data Privacy.
SAFARI Montage comes preloaded with educational video titles tied to the curriculum from the industry's leading video publishers, which include Schlessinger Media, PBS, The History Channel, National Geographic, Scholastic, Disney Education, BBC and more.
SAFARI Montage LOR Cloud offers all of refined features of the Learning Object Repository without the need for hardware inside a school district. It is ideal for flexible in-person and remote instruction needs.
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SOURCE SAFARI Montage | https://www.kxii.com/prnewswire/2022/06/10/safari-montage-adds-4-edtech-titans/ | 2022-06-10T20:27:06Z |
After an extensive audit during the Covid-19 pandemic, EULEN America is certified for IATA Safety Audit for Ground Operations (ISAGO), aiming to ensure continuation of Ground Services Registrations and Station Accreditations
MIAMI , May 26, 2022 /PRNewswire/ -- EULEN America, a leader in providing services and innovative solutions to companies, including aviation services, has announced that the company has been credited with the ISAGO certification. This International certification authenticates the compliance of operation safety standards for organization and management (ORM), load control (LOD), passenger and baggage handling (PAB), aircraft handling and loading (HDL), aircraft ground movement (AGM) as well as cargo and mail handling (CGM). The certification is valid for two years, due for renewal in November 2023.
"We are committed to providing the highest level of quality of service and safety standards to our clients," said Larry Massaro, Senior Vice President of Aviation at EULEN America. "This new certification covers all our stations and provides a high standard in terms of safety for our organization."
EULEN America received the Head-Office license, which covers all stations where the company operates. Additionally, they are certified for the Miami International Airport license. Although the company has been certified since 2010, the Miami-Dade Aviation Department requires compliance with this certification, and periodic renewals to operate in Miami.
The audit streamlines procedures by establishing a uniform set of standards. Also, it assesses the management and oversight systems in place at the Ground Service Provider's Corporate Headquarters, as well as the consistency at the station level.
"Receiving this ISAGO certification is tremendously important to our organization, particularly during the challenging times the Covid-19 pandemic presented to our industry," said Mr. Massaro." This allows us to guarantee the highest standard of safety in the services we provide at airports."
As part of EULEN America's renewed management, Massaro is responsible for contract negotiation and resolving issues to ensure processes, systems, products, regulations, and data are delivered seamlessly to all aviation customers. He is also in charge of day-to-day oversight of the EULEN Aviation operations, strategic planning, leadership development, and employee engagement.
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SOURCE EULEN Americas | https://www.mysuncoast.com/prnewswire/2022/05/26/eulen-america-receives-isago-certification-international-air-transport-association-iata/ | 2022-05-26T22:31:56Z |
CHICAGO, Aug. 11, 2022 /PRNewswire/ -- Ironbeam Inc., an industry-leading futures brokerage firm, is pleased to announce growth in customer segregated assets of approximately 20% during the three months since Ironbeam became a CME Group clearing member firm.
Ironbeam is one of the only direct clearing members that offers a proprietary modern cloud-based trading and clearing experience.
The company's free Ironbeam App trading platform provides direct access to over 700,000 trading instruments with low-latency market data and order routing.
Omid Farr, Founder and CTO of Ironbeam Inc. said: "It has been exciting seeing the growth in all business segments in the last few months as a CME Group clearing member. The direct clearing aspect along with our low-latency proprietary trading tools and technology solutions make Ironbeam the ideal trading destination."
Robert Terrell, CEO of Ironbeam said: "We have delivered on our expectations and our roadmap will continue to enhance the modern trading experience."
Operating out of the Chicago Board of Trade, Ironbeam launched in 2010 as a technology-centric futures brokerage firm dedicated to providing technology solutions that cater to the needs of futures participants and the modern futures trader. Ironbeam is a CME Group member clearing firm, and stands as one of the only clearing firms offering trading solutions powered by its own proprietary technology.
Michael Murphy
mike.murphy@ironbeam.com
312-765-7228
www.ironbeam.com
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SOURCE Ironbeam, Inc. | https://www.kxii.com/prnewswire/2022/08/11/ironbeam-becomes-cme-group-clearing-member/ | 2022-08-11T15:16:48Z |
The retailer will be the first to receive Canoo's Lifestyle Delivery Vehicle which is anticipated to begin hitting the road for Walmart deliveries in 2023.
BENTONVILLE, Ark., July 12, 2022 /PRNewswire/ -- Walmart (NYSE: WMT) has signed a definitive agreement with Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units. The vehicles will be used to deliver online orders in a sustainable way which will also contribute to Walmart's goal to achieve zero-emissions by 2040. While the LDV is expected to begin hitting the road in 2023, the companies plan to kick-off advanced deliveries to refine and finalize vehicle configuration in the Dallas Fort Worth metroplex in the coming weeks.
Canoo's fully electric Lifestyle Delivery Vehicle (LDV) is an American-made commercial EV optimized for sustainable last mile delivery use cases. As with all Canoo vehicles, the LDV is built on a proprietary multi-purpose platform (MPP) architecture that integrates the motors, battery module and other critical driving components. The LDV has a last mile delivery optimized cabin and customized cargo space. Canoo is utilizing true steer by wire technology, reducing moving parts and cabin intrusion, resulting in more usable interior space, better driver ergonomics and the addition of a panoramic window to improve road visibility.
The LDV is engineered for high frequency stop-and-go deliveries and speedy vehicle to door drop-off, including grocery and food/meal delivery. Its customized interior is designed for small package delivery, at competitive per stop economics. The modular design and 120 cubic feet cargo volume are adaptable to evolve with customer needs which contributes to a decreasing per unit investment over time.
"We are proud to have been selected by Walmart, one of the most sophisticated buyers in the world, to provide our high-tech, all-electric, American made Lifestyle Delivery Vehicle to add to their impressive logistics capabilities. Our LDV has the turning radius of a small passenger vehicle on a parking friendly, compact footprint, yet the payload and cargo space of a commercial delivery vehicle. This is the winning algorithm to seriously compete in the last mile delivery race, globally," said Tony Aquila, Investor, Chairman and CEO of Canoo. "Walmart's massive store footprint provides a strategic advantage in today's growing 'Need it now' mindset and an unmatched opportunity for growing EV demand, especially at today's gas prices."
Canoo's electric vehicles will be driven by Walmart associates and used to deliver online orders, from groceries to general merchandise, as well as the potential to be used for Walmart GoLocal, the retailer's delivery-as-a-service business.
"We're thrilled to continue diversifying our last mile delivery fleet with Canoo's unique and sustainably focused all-electric technology which will provide our associates with safe, ergonomic delivery vehicles," said David Guggina, senior vice president of innovation and automation, Walmart U.S. "Today, the closest Walmart to customers is right in their pockets – it's the Walmart app. By continuing to expand our last mile delivery fleet in a sustainable way, we're able to provide customers and Walmart+ members with even more access to same-day deliveries while keeping costs low."
In addition to dedicated fulfillment centers, Walmart uses 3,800 of its stores, which are located within 10 miles of 90% of the U.S. population, to fulfill online orders. The retailer does this using a combination of Walmart associates, independent contractors driving on the Spark Driver Network, third-party delivery service providers, and in some locations, autonomous vehicles and drones, to make deliveries. Through their expansive last mile delivery network, Walmart can reach 80% of the U.S. population with same-day delivery on a growing assortment of items.
Canoo's agreement with Walmart builds on the company's existing commitments in the state of Arkansas. Last year Canoo announced it had selected Bentonville, Arkansas, as its headquarters and Pryor, Oklahoma as the site for its U.S. manufacturing, further establishing an EV ecosystem in the heartland to create thousands of technology and manufacturing jobs in the surrounding communities.
"We're encouraged that by being located in close proximity to the Canoo headquarters, we have the advantage to collaborate and innovate in real-time as well as the opportunity to aid in the creation of manufacturing and technology jobs here in our home state of Arkansas," added Guggina.
Canoo anticipates starting production of the Lifestyle Delivery Vehicles beginning in Q4, 2022.
Canoo's mission is to bring EVs to Everyone. The company has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that spans the full lifecycle of the vehicle. Distinguished by its experienced team from leading technology and automotive companies – Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space that is customizable across all owners in the vehicle lifecycle to support a wide range of vehicle applications for consumers and businesses.
Canoo has teams in California, Texas, Oklahoma and Arkansas. For more information, please visit www.canoo.com. For Canoo press materials, including photos, please visit press.canoo.com. For investors, please visit investors.canoo.com.
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better — anytime and anywhere — in retail stores, online, and through their mobile devices. Each week, approximately 230 million customers and members visit more than 10,500 stores and clubs under 46 banners in 24 countries and eCommerce websites. With fiscal year 2022 revenue of $573 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.
The information in this press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward- looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics, expectations and timing related to commercial product launches and the achievement of operational milestones, including the ability to meet and/or accelerate anticipated production timelines, Canoo's ability to capitalize on commercial opportunities, current or anticipated customer orders, and expectations regarding the development of facilities. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Canoo's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Canoo. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; Canoo's ability to access future capital, via debt or equity markets, or other sources; the rollout of Canoo's business and the timing of expected business milestones and commercial launch; future market adoption of Canoo's offerings; risks related to Canoo's go-to-market strategy and manufacturing strategy; the effects of competition on Canoo's future business, and those factors discussed under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Canoo's Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (the "SEC") on March 1, 2022, as well as its past and future Quarterly Reports on Form 10-Q and other filings with the SEC, copies of which may be obtained by visiting Canoo's Investors Relations website at investors.canoo.com or the SEC's website at www.sec.gov. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Canoo does not presently know or that Canoo currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Canoo's expectations, plans or forecasts of future events and views as of the date of this press release. Canoo anticipates that subsequent events and developments will cause Canoo's assessments to change.
However, while Canoo may elect to update these forward-looking statements at some point in the future, Canoo specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Canoo's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
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SOURCE Canoo | https://www.mysuncoast.com/prnewswire/2022/07/12/walmart-purchase-4500-canoo-electric-delivery-vehicles-be-used-last-mile-deliveries-support-its-growing-ecommerce-business/ | 2022-07-12T11:23:37Z |
Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions measuring engagement, organizational health, and satisfaction.
MINNEAPOLIS, June 21, 2022 /PRNewswire/ -- Pioneer Management Consulting has been named one of the Top 200 Workplaces in Minnesota by the Star Tribune and received the Communications Excellence Award.
Top Workplaces recognizes the most progressive companies in Minnesota based on:
- Employee opinions
- Employee engagement
- Employee satisfaction
- Organizational health
Pioneer ranked fourth out of 75 in the small business category, and received the Communication Excellence Award, for creating a space where employees can be seen and heard and kept up to date on company initiatives and vision, amongst other efforts that create a culture of inclusivity and belonging.
"We are humbled and honored to have received this award. The entirety of Team Pioneer is to thank for creating an amazing culture and truly living out our core values; humble, hungry and connected. Our people and values are what makes Pioneer a great place to work. You see it, and feel it, in the way that we make decisions, work alongside one another, and serve our clients and communities."
Sarah Holum, Chief People Office
The analysis included responses from over 79,000 employees at over 4,000 Minnesota public, private and nonprofit organizations. The rankings are based on survey information collected by Energage, an independent company specializing in employee engagement and retention. Rankings were composite scores calculated purely based on employee responses.
Pioneer was founded in 2009 in Minneapolis, MN by Brian Westerhaus, to create local jobs in service to the companies we admire– a consulting experience that is strikingly better for all. Joined by Partners Molly Koenen and Lane Elmer, Pioneer continues to experience rapid growth with 54 employees, an expansion into Denver, CO, and being recognized in 2021 as a MN Fast 50 awardee.
Pioneer serves some of the world's most reputable organizations in Minnesota and Colorado, that have complex transformation projects planned or underway. It applies its proven solutions, with a ton of heart and hustle, through each of our four disciplines:
- Business Strategy
- Business Operations
- Organizational Change
- Data Analytics
Pioneer's core values: humble, hungry, and connected, serve as the compass for how it approaches its work and talent, and the lens through which all its decisions are filtered.
Media Contact
Rachele Hepburn
Director of Marketing
Email: rachele.hepburn@thepioneerteam.com
Cell: 612-708-3028
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SOURCE Pioneer Management Consulting | https://www.kxii.com/prnewswire/2022/06/21/pioneer-management-consulting-recognized-4-star-tribune-top-200-workplaces/ | 2022-06-21T18:30:16Z |
Curis working with clinical sites to resume enrollment
Preliminary clinical data update expected in 2023
LEXINGTON, Mass., Aug. 30, 2022 /PRNewswire/ -- Curis, Inc. (NASDAQ: CRIS), a biotechnology company focused on the development of innovative therapeutics for the treatment of cancer, today announced that the U.S. Food and Drug Administration (FDA) has notified Curis that it may resume enrollment of additional patients in the monotherapy phase of the TakeAim Leukemia study.
Previously, Curis announced that the FDA had placed partial clinical holds on the TakeAim Leukemia and TakeAim Lymphoma studies in April 2022. On August 18, 2022, Curis reported that the partial clinical hold on the TakeAim Lymphoma study was lifted. After review of the comprehensive data package submitted by Curis, the FDA has notified Curis that it may resume enrollment of additional patients in the monotherapy dose finding phase (Phase 1a) of the TakeAim Leukemia study, in which the company has agreed to enroll at least nine additional patients at the 200mg dose level. The partial hold remains in place for the combination therapy phase (Phase 1b) and the expansion phase (Phase 2a) of the study until Phase 1a is complete and the FDA approves proceeding to the next phases of the study.
Before lifting the restriction on patient enrollment, the FDA reviewed additional data provided by the company related to the risk of rhabdomyolysis, a side effect also associated with statins, as well as with cancer medications such as Odomzo® and Cotellic®. The FDA also reviewed the company's strategy for utilizing objective laboratory measurements, similar to those used with Odomzo and Cotellic, to identify rhabdomyolysis, as well as the company's strategy for managing rhabdomyolysis, if it is detected.
"We are pleased to announce the results of the FDA's review and to have addressed potential concerns about the identification and management of rhabdomyolysis," said James Dentzer, President and Chief Executive Officer of Curis. "We are working with our clinical sites to quickly resume enrollment of additional patients."
Similar to the TakeAim Lymphoma study, the Company is updating its timeline for clinical data release to reflect the availability of updated preliminary data from the TakeAim Leukemia study in 2023. In addition, Curis is proactively discussing the clinical plans for emavusertib in leukemia, including alignment on optimal dose and development path, with the FDA's leukemia division.
About Emavusertib (CA-4948)
Emavusertib is an IRAK4 kinase inhibitor and IRAK4 plays an essential role in the toll-like receptor (TLR) and interleukin-1 receptor (IL-1R) signaling pathways, which are frequently dysregulated in patients with cancer. TLRs and the IL-1R family signal through the adaptor protein MYD88, which results in the assembly and activation of IRAK4, initiating a signaling cascade that induces cytokine and survival factor expression mediated by the NF-κB protein complex. Additionally, third parties have recently discovered that the long form of IRAK4 (IRAK4-L) is oncogenic and preferentially expressed in over half of patients with acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS). The overexpression of IRAK4-L is believed to be driven by a variety of factors, including specific spliceosome mutations such as SF3B1 and U2AF1. In addition to inhibiting IRAK4, emavusertib was also designed to inhibit FLT3, a known oncologic driver, which may provide additional benefit in patients with AML and MDS.
About TakeAim Leukemia
The TakeAim Leukemia study (NCT04278768) is a Phase 1/2 open-label dose escalation, dose expansion clinical trial investigating emavusertib as a monotherapy and in combination with azacitidine or venetoclax in patients with relapsed or refractory (R/R) AML or high risk MDS. After dose escalation in monotherapy to determine the recommended Phase 2 dose (RP2D) and assuming the partial hold for the phase 1b cohort dose escalation in combination to determine the RP2D is lifted, we plan to expand five cohorts: monotherapy in AML patients with spliceosome and FLT3 mutations, monotherapy in patients with MDS and spliceosome mutations and combination therapy with azacitidine or venetoclax in patients without spliceosome or FLT3 mutations. The goals of the study are to determine several parameters including safety, maximum tolerated dose (MTD), RP2D and signals of activity.
About TakeAim Lymphoma
The TakeAim Lymphoma study (NCT03328078) is a Phase 1/2 open-label, dose escalation, dose expansion clinical trial investigating emavusertib as monotherapy and in combination with ibrutinib in patients with R/R hematologic malignancies, such as non-Hodgkin's lymphoma and other B cell malignancies. After dose escalation in both monotherapy and combination therapy to determine the RP2D, we plan to expand four cohorts for combination treatment: marginal zone lymphoma, activated b-cell diffuse large b-cell lymphoma, primary CNS lymphoma, and patients developing adaptive resistance to ibrutinib monotherapy. The goals of the study are to determine several parameters including safety, MTD, RP2D and signals of activity.
About Curis, Inc.
Curis is a biotechnology company focused on the development of innovative therapeutics for the treatment of cancer. In 2015, Curis entered into a collaboration with Aurigene in the areas of immuno-oncology and precision oncology. As part of this collaboration, Curis has exclusive licenses to oral small molecule antagonists of immune checkpoints including the VISTA/PDL1 antagonist CA-170, and the TIM3/PDL1 antagonist CA-327, as well as the IRAK4 kinase inhibitor, emavusertib (CA-4948). Emavusertib is currently undergoing testing in the Phase 1/2 TakeAim Lymphoma trial, in patients with hematologic malignancies, such as non-Hodgkin's lymphoma and other B cell malignancies, both as a monotherapy and in combination with BTK inhibitor ibrutinib, and the Phase 1/2 TakeAim Leukemia trial in patients with AML and MDS, for which it has received Orphan Drug Designation from the U.S. Food and Drug Administration. The FDA has placed a partial clinical hold on the TakeAim Leukemia trial during which no new patients will be enrolled in the combination phase (Phase 1b) of emavusertib with azacitidine or venetoclax and expansion phase (Phase 2a), and current study participants benefiting from treatment may continue to be treated with emavusertib at doses of 300mg BID or lower. In addition, Curis is engaged in a collaboration with ImmuNext for development of CI-8993, a monoclonal anti-VISTA antibody, which is currently undergoing testing in a Phase 1 trial in patients with solid tumors. Curis is also party to a collaboration with Genentech, a member of the Roche Group, under which Genentech and Roche are commercializing Erivedge® for the treatment of advanced basal cell carcinoma.
For more information, visit Curis's website at www.curis.com.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including, without limitation, any statements with respect to Curis's plans, strategies and objectives to resume and further patient enrollment in its TakeAim Lymphoma trial and in the monotherapy dose escalation phase (Phase 1a) of the TakeAim Leukemia trial, and its ability to resolve the remaining partial clinical hold on the combination therapy phase (Phase 1b) and the expansion phase (Phase 2a) of the TakeAim Leukemia study, statements concerning product research, development, clinical trials and studies and commercialization plans, timelines, anticipated results or the therapeutic potential of drug candidates including any statements regarding the initiation, progression, expansion, use, safety, efficacy, dosage and potential benefits of emavusertib in clinical trials as a monotherapy and/or as a combination therapy, Curis's plans and timelines to provide preliminary, interim and/or additional data from its ongoing or planned clinical trials, any statements concerning Curis's expectations regarding its interactions with the FDA, statements with respect to mutations or potential biomarkers, and statements of assumptions underlying any of the foregoing. Forward-looking statements may contain the words "believes," "expects," "anticipates," "plans," "intends," "seeks," "estimates," "assumes," "predicts," "projects," "targets," "will," "may," "would," "could," "should," "continue," "potential," "focus," "strategy," "mission," or similar expressions. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different from those indicated by such forward-looking statements. For example, the FDA may not remove the remaining partial clinical hold on the combination therapy phase (Phase 1b) and the expansion phase (Phase 2a) of TakeAim Leukemia trial, or may take further regulatory action with regard to such trial. Curis may experience adverse results, delays and/or failures in its drug development programs and may not be able to successfully advance the development of its drug candidates in the time frames it projects, if at all. Curis's drug candidates may cause unexpected toxicities, fail to demonstrate sufficient safety and efficacy in clinical studies and/or may never achieve the requisite regulatory approvals needed for commercialization. Favorable results seen in preclinical studies and early clinical trials of Curis's drug candidates may not be replicated in later trials. There can be no guarantee that the collaboration agreements with Aurigene and ImmuNext will continue for their full terms, or the CRADA with NCI, that Curis or its collaborators will each maintain the financial and other resources necessary to continue financing its portion of the research, development and commercialization costs, or that the parties will successfully discover, develop or commercialize drug candidates under the collaboration. Regulatory authorities may determine to delay or restrict Genentech's and/or Roche's ability to continue to develop or commercialize Erivedge in basal cell carcinoma (BCC). Erivedge may not demonstrate sufficient or any activity to merit its further development in disease indications other than BCC. Competing drugs may be developed that are superior to Erivedge. In connection with its agreement with Oberland Capital, Curis faces risks relating to the transfer and encumbrance of certain royalty and royalty-related payments on commercial sales of Erivedge, including the risk that, in the event of a default by Curis or its wholly-owned subsidiary, Curis could lose all retained rights to future royalty and royalty-related payments, Curis could be required to repurchase such future royalty and royalty-related payments at a price that is a multiple of the payments it has received, and its ability to enter into future arrangements may be inhibited, all of which could have a material adverse effect on its business, financial condition and stock price. Curis will require substantial additional capital to fund its business. If it is not able to obtain sufficient funding, it will be forced to delay, reduce in scope or eliminate some of its research and development programs, including related clinical trials and operating expenses, potentially delaying the time to market for, or preventing the marketing of, any of its product candidates, which could adversely affect its business prospects and its ability to continue operations, and would have a negative impact on its financial condition and its ability to pursue its business strategies. Curis faces substantial competition. Curis and its collaborators face the risk of potential adverse decisions made by the FDA and other regulatory authorities, investigational review boards, and publication review bodies. Curis may not obtain or maintain necessary patent protection and could become involved in expensive and time-consuming patent litigation and interference proceedings. Unstable market and economic conditions, natural disasters, public health crises, political crises and other events outside of Curis's control could significantly disrupt its operations or the operations of third parties on which Curis depends and could adversely impact Curis's operating results and its ability to raise capital. For example, the COVID-19 pandemic may result in closures of third-party facilities, impact enrollment in clinical trials or impact sales of Erivedge by Genentech and/or Roche. The extent to which the COVID-19 pandemic may impact Curis's business or operating results is uncertain. Other important factors that may cause or contribute to actual results being materially different from those indicated by forward-looking statements include the factors set forth under the captions "Risk Factor Summary" and "Risk Factors" in our most recent Form 10-K and Form 10-Q, and the factors that are discussed in other filings that we periodically make with the Securities and Exchange Commission ("SEC"). In addition, any forward-looking statements represent the views of Curis only as of today and should not be relied upon as representing Curis's views as of any subsequent date. Curis disclaims any intention or obligation to update any of the forward-looking statements after the date of this press release whether as a result of new information, future events or otherwise, except as may be required by law.
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SOURCE Curis, Inc. | https://www.wibw.com/prnewswire/2022/08/30/fda-allows-patient-enrollment-resume-monotherapy-dose-escalation-emavusertib-takeaim-leukemia-study/ | 2022-08-30T12:52:22Z |
The Indianapolis software company is thriving thanks to its commitment to a people-first culture
INDIANAPOLIS, May 19, 2022 /PRNewswire/ -- OneCause, an Indianapolis-based event and online fundraising software company, was honored with two "best places to work" awards in the Indianapolis Star Top Workplaces and Indiana Chamber Best Places to Work in Indiana programs. The programs highlight Indiana workplaces with exceptional company cultures and high levels of team engagement.
This is the fourth year in a row OneCause has been recognized by the Indiana Chamber as an outstanding Best Place to Work and the first time being named a Top Workplace by the Indianapolis Star.
Comprehensive employee surveys and a company culture review of policies, practices, philosophy, systems and demographics are the main drivers in determining which companies are honored in the Indiana Chamber's Best Places to Work program. The Indianapolis Star Top Workplaces program solely uses employee feedback to determine its list of honorees, highlighting how important it is to maintain a supportive company culture centered on employee well-being.
"Building an exceptional company culture means creating an environment where people feel supported, where their contributions are meaningful, and their talents valued," said Steve Johns, OneCause CEO. "Companies are a reflection of their people — we need to embrace the wide range of experiences and viewpoints they bring and create a safe environment that fosters learning and innovation. We spend a lot of time listening to and acting on what our team needs, wants, and expects so we can maintain a people-first culture where they can flourish. It's an honor to be recognized by multiple programs for this ongoing effort."
In addition to the third-party surveys utilized to determine top workplace winners, OneCause regularly conducts internal employee engagement surveys. The leadership team reviews results to create programs or take positive action based on the feedback. During the pandemic, they assembled a Future of Work taskforce to address the rapidly changing needs of an increasingly distributed workforce.
"It's refreshing to work for a company where my voice matters," said Stefanie Zachary, senior consultant for enablement, learning and development at OneCause. "There isn't one small group deciding what our company culture looks like — we're all a part of deciding that. Seeing one of my ideas or a coworker's feedback being turned into a benefit, committee or community activity feels really good. That doesn't happen everywhere."
Some recently implemented initiatives based on employee ideas and feedback include:
- Work-from-anywhere opportunities to provide improved work-life balance
- Ongoing professional development and management training to boost skillsets and provide a clearer path for progression
- An expanded set of company benefits, including a sabbatical for employees with 10 years of service, paid volunteer time off and paid parental leave
Employee feedback and suggestions will continue to be sought and analyzed as staff and workplace needs evolve. OneCause has grown its full-time team 79% since 2020 and plans on increasing hiring over the next year. To learn more about career opportunities at OneCause, please visit the Careers page.
About OneCause
OneCause is driving the future of fundraising with easy-to-use event and online fundraising solutions that help nonprofits improve the giving experience and raise more money. OneCause builds technology that optimizes everyday generosity, making it easier for nonprofit organizations to fundraise and for nonprofit supporters to give. Since 2008, OneCause has helped over 10,000 nonprofits raise more than $4 billion for their missions. Headquartered in Indianapolis, OneCause is committed to driving innovation in the charitable sector, bringing together nonprofit professionals across the world for the annual Raise Conference to exchange ideas that further fundraising. For more information, visit www.onecause.com or follow us on LinkedIn, Twitter, Instagram, and Facebook.
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SOURCE OneCause | https://www.wibw.com/prnewswire/2022/05/19/onecause-wins-multiple-best-place-work-awards/ | 2022-05-19T17:35:43Z |
SEATTLE, June 17, 2022 /PRNewswire/ -- Alaska Airlines' board of directors has elected Celley Buchanan vice president of airport operations and customer service. In this role she is responsible for all aspects of the airline's airport operations across its broad network, excluding Seattle.
Buchanan is a 23-year veteran of Alaska Airlines and Horizon Air. She started her career as a customer service agent in Los Angeles (LAX) and served there for 13 years, progressing into leadership of all aspects of Alaska's operation, including serving as LAX general manager.
She then moved to Horizon Air as director of ground operations for two years, before moving back to Alaska as director of operations support services. She has been in her current role, managing director of airport operations support for Alaska since 2020, where she set the long term strategy for ground support equipment, business partner performance, cabin cleaning, deicing and divisional safety, among other programs.
Buchanan's leadership helped to establish the airline's Next-Level Care program at the start of the pandemic, which introduced more than 100 safety policies and procedures designed to ensure the safety of our guests and employees.
"Celley is a people leader with a deep understanding of our operation and what makes us tick," said Wayne Newton, senior vice president of airport operations and customer service at Alaska Airlines and chairman of McGee Air Services board of directors. "Her tenacity and skill working across the organization will raise our airports teams to even higher levels of performance, safety and empowerment."
Buchanan is a graduate of the University of Washington's Foster School of Business Executive MBA program. Connect with her on LinkedIn.
About Alaska Airlines
Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada, Costa Rica and Mexico. We emphasize Next-Level Care for our guests, along with providing low fares, award-winning customer service and sustainability efforts. Alaska is a member of the oneworld global alliance. With the alliance and our additional airline partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world. Learn more about Alaska at news.alaskair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).
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SOURCE Alaska Airlines | https://www.wibw.com/prnewswire/2022/06/17/customer-service-agent-vp-celley-buchanan-elected-vice-president-airport-operations-customer-service-alaska-airlines/ | 2022-06-17T16:23:38Z |
LONDON, Aug. 12, 2022 /PRNewswire/ -- The New Game-Changing Crypto Coin announced Presale Launch. The total supply of Persystic Token is 3B coins and 540 M of them are available on the 1st Stage of the presale. Persystic Token creates a network for people to freely communicate with one another. It's a tokenized mixed social network, allowing people to form communities based on democratic principles. Users of Persystic Token have a right to express themselves freely without the fear of demonetization, while of course respecting important boundaries. Cryptocurrency is here to stay. With an increase in brand adoption, increased NFT use, and an ever-growing metaverse, it is the future.
This coin's mission is rooted in social media. Persystic Token wants consumers and content providers to benefit from business opportunities that generate wealth. Persystic plans on achieving this by implementing these factors:
- Giving creators the right to ownership of their work
- Eliminating false news by verifying content production and consumption while keeping it open to the public
- Encouraging the creation of authentic content
- Utilising a 'Right to be Forgotten' policy, enabling users to choose if they want their content stored on Persystic. This keeps power and control in the hands of the creator.
Therefore, Persytic can be described as both the Internet of Things and the Internet of People. This coin has been made for content creators to earn a living while adding value to the social interactions that they participate in. Importantly, as creators express their talents, moral and ethical speech remains integral to this coin. Persystic token takes place on the Binance Smart Chain, while the functionality of its smart contracts is also built into Ethereum. The creators have made the coin interoperable with the Ethereum Virtual Machine and as a result, the BEP-20 standard expands the functionality of Ethereum's ERC-2016. Being compatible with Ethereum's Virtual Machine opens up access to Ethereum's ERC-20 token standards, valuable because of their use for a variety of decentralised applications (DApps).
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SOURCE Persystic Token | https://www.kxii.com/prnewswire/2022/08/12/new-game-changing-crypto-coin-announced-presale-launch/ | 2022-08-12T18:40:57Z |
AUSTIN, Texas, Aug. 16, 2022 /PRNewswire/ -- As economic concerns rise in August 2022, Edmund C. Moy, 38th Director of the United States Mint and current Senior IRA Strategist for U.S. Money Reserve, talks about why gold might be a better safe haven for retirement than stable value funds, which are often included in 401(k)s.
Watch Moy's video on Stable Value Funds here.
STABLE VALUE FUNDS: A SAFE HAVEN?
MarketWatch reports that stable value funds are one of today's most popular assets to include in a 401(k), despite what MarketWatch calls the "complex risks" involved. If stable value funds are "widely seen as safe havens," as MarketWatch reports, how do they compare to another traditional safe-haven asset—gold?
In essence, stable value funds guarantee payments at a specified level of interest, regardless of the volatility in the market. While that sounds simple enough, MarketWatch points out that there are often risks consumers don't know about. One retirement plan consultant puts it this way: "You own no securities, zero, nothing. Just a contract." With these retirement products, all the assets in the plan are owned not by you or the plan, but by the issuing insurance company.
Like stable value funds, gold is often considered a relative safe-haven asset during times of economic uncertainty and volatility. But unlike stable value funds, gold's track record is much longer. And unlike with stable value funds, you know you own your assets when you buy physical gold, and that ownership doesn't change until or if you decide to sell. And unlike stable value funds, which offer a set return during times of high inflation, gold can see its price rise with higher inflation while still retaining its safe-haven and store-of-wealth properties.
U.S. Money Reserve, America's Gold Authority®, has served more than half a million clients looking to add gold and other precious metals to their portfolios.
Read Edmund Moy's in-depth look at how stable value funds stack up against gold here. https://usmr.com/PR-EM_SVF_08162022
Edmund C. Moy collaborates with U.S. Money Reserve as Senior IRA Strategist. A recipient of the Alexander Hamilton Medal for public service, awarded to him by then–Treasury Secretary Henry M. Paulson, Jr., Moy served as the 38th Director of the United States Mint (2006–2011). Among many accomplishments during his tenure was Moy's oversight of one of the largest increases in the volume of precious metals output in U.S. Mint history, as Americans turned to safe-haven assets in the wake of the Great Recession.
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SOURCE US MONEY RESERVE | https://www.kxii.com/prnewswire/2022/08/16/former-us-mint-director-picks-gold-instead-this-popular-retirement-asset/ | 2022-08-16T18:42:11Z |
‘Pharma Bro’ Shkreli freed from prison for halfway house
NEW YORK (AP) — Convicted pharmaceutical executive Martin Shkreli has been freed from prison after serving much of a seven-year prison sentence for lying to hedge fund investors and cheating investors in a drug company.
Shkreli’s attorney, Ben Brafman, said in a statement Wednesday that the 39-year-old Shkreli was released from a prison in Allenwood, Pennsylvania.
He said his client was transferred to a Bureau of Prisons halfway house after completing programs that enabled him to earn early release.
The lawyer also says he encouraged Shkreli to make no statement.
In a release, the Federal Bureau of Prisons confirmed Shkreli’s release, saying the halfway house stint will end in mid-September.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/18/pharma-bro-shkreli-freed-prison-halfway-house/ | 2022-05-18T20:40:33Z |
New Lanyard Design from Incase Offers Stylish Accessibility for (2nd generation) Users
TUSTIN, Calif., Sept. 8, 2022 /PRNewswire/ -- Incase, a leading global design-driven bag and accessories brand for today's creatives, today unveiled the Incase Lanyard for the new AirPods Pro (2nd generation.) The Incase Lanyard has hybrid wrist and loop function, making attaching to most straps possible through its unique construction.
"With simple, yet functional features and an aesthetically-driven design, the Incase Lanyard offers a reliable way to attach your AirPods Pro (2nd generation) to your belongings," said Brian Stech, CEO of Incase. "From an early morning commute to an end of day workout and everything in between, the Incase Lanyard keeps your AirPods Pro (2nd generation) within reach throughout your day."
The Incase Lanyard for AirPods Pro (2nd generation) offers unique advantages, including:
- Integrated cord clip makes it easy to securely fasten to bags, backpacks, or handbags
- Soft braided cord ensures maximum comfort when worn as wrist loop
The Incase Lanyard for AirPods Pro (2nd generation) is available globally in Gray for $12.95 (MSRP) at Incase.com and in-store and online at Apple.
Incase, a Vinci Brand, designs solutions to protect the ideas of today's creatives. Since 1997, our heritage has been deeply rooted in the lifestyles of those who create on the Apple platform. Through this dedication, we are able to focus on our consumers' evolving needs and continually expand our product offering while promoting creativity and the entrepreneurial spirit.
Informed by the principles of intentional, aspirational and functional design, the ecosystem of bags and accessories we introduce transcend both age and demographics to provide creatives with the best possible experiences while in pursuit of their passions. Our team employs exacting design protocols to ensure each Incase product meets the needs of our consumers, emerging markets, and an ever-expanding world of product experiences. Our brand, team, and products leverage technology and lifestyle to inspire global creativity.
Incase. Ideas Protected.
Vinci Brands is a global leader in consumer tech protection, carry and power solutions operating an innovative and diverse portfolio of owned and licensed brands at the intersection of design, functionality, sustainability, and lifestyle. The company has an award-winning product portfolio that includes protective cases, shells, sleeves, bags, power management, enterprise and B2B solutions sold under the Incipio, Incase, Survivor, Griffin, kate spade new york, and Coach brands. Vinci Brands has operations in the United States, United Kingdom, Netherlands, Australia, and China. For more information visit www.vincibrands.com.
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SOURCE Incase | https://www.mysuncoast.com/prnewswire/2022/09/08/incase-announces-new-lanyard-airpods-pro-2nd-generation/ | 2022-09-08T19:47:06Z |
All-inclusive elderly care program set to open in Emporia
EMPORIA, Kan. (WIBW) - An all-inclusive elderly care program is set to open in Emporia at the end of the month.
The Emporia Area Chamber of Commerce says members will host a ribbon-cutting for Midland Care’s Program of All-Inclusive Care for the Elderly - PACE - Center at 4 p.m. on Thursday, June 23.
The Chamber noted that the PACE Center can be found at 1632 Industrial Rd. at the Flinthills Mall. It said member Midland Care will host an Open House in conjunction with the ribbon-cutting between 4 and 6 p.m. Refreshments will be served with no RSVP necessary.
The Chamber said PACE is a comprehensive not-for-profit health care program meant to help adults 55 and older stay in their homes and in their communities. It said the innovative program is covered by over 100 local providers in 32 states - including Midland Care in Kansas.
According to the Chamber, the PACE model of care was created in 1973 to help the Asian-American community in San Francisco care for its elders in their own homes. For these families, it said putting their elders in nursing homes was not a culturally appropriate solution. It said local organizations stepped up to meet the need by pioneering a way to offer a broad array of medical services using home care and adult day care settings.
The Chamber said PACE has been available in Northeast Kansas since 2017 - when Midland Care opened the 37th program in the U.S. It said Midland Care is a not-for-profit community-based organization that provides options for families with challenging health care needs.
For more information, contact the Emporia Chamber at 620-342-1600.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/17/all-inclusive-elderly-care-program-set-open-emporia/ | 2022-06-17T18:33:06Z |
Jeff German, seen here on the Las Vegas Strip in June 2021, was found dead outside his home on September 3, the newspaper said. The Las Vegas Metro Police Department served search warrants September 7 in relation to the death of German.
German was found dead outside of his Las Vegas home on Saturday, according to police. The Review-Journal said German was found with "stab wounds." The Clark County Office of the Medical Examiner confirmed to CNN that the cause of German's death was multiple sharp force injuries, and the manner of his death was homicide.
The Las Vegas Metro Police Department confirmed Wednesday that officers served search warrants in relation to German's death, but did not immediately provide any additional information. A search warrant may be issued when a judge finds probable cause that police will find evidence of a crime.
Uniformed officers and police vehicles were seen on Wednesday morning outside of Telles' home, according to local media. It is unclear if the activity is connected to the investigation into German's death.
Police would not provide CNN information on what activity transpired at the address linked to Telles. CNN has reached out to Telles and his office for comment.
The Las Vegas Metropolitan Police Department released photos Tuesday of a possible suspect and vehicle -- what appears to be a maroon GMC SUV -- connected to German's death.
"Review-Journal reporters observed Telles in the driveway of his home, standing next to a vehicle matching that description," the newspaper reported. "The GMC vehicle and a second vehicle were towed from Telles' property at about 12:50 p.m. on Wednesday."
Telles has not been publicly identified by police as being connected to German's death.
The Review-Journal released a statement over the weekend on German's death.
"The Review-Journal family is devastated to lose Jeff," said Executive Editor Glenn Cook, according to the paper. "He was the gold standard of the news business. It's hard to imagine what Las Vegas would be like today without his many years of shining a bright light on dark places."
Several animals in Albany are looking for their forever homes. In order to adopt from the Albany Humane Society, interested persons must submit and have their applications approved. Click for more.
CNN's Michelle Watson and Hannah Sarisohn contributed to this report.
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accounts, the history behind an article. | https://www.albanyherald.com/news/before-he-died-a-las-vegas-journalist-wrote-an-expos-on-a-local-official-investigators/article_20d6e135-fc36-5d90-a8a4-aa326f0b4fdd.html | 2022-09-08T01:26:06Z |
Judge delays trial of 2 ex-cops in Floyd killing until 2023
MINNEAPOLIS (AP) — The judge overseeing the remaining case of two former Minneapolis police officers charged in George Floyd’s killing ordered Monday that the trial be delayed until January to improve prospects for a fair trial.
Tou Thao and J. Alexander Kueng had been due to go on trial next Monday on charges of aiding and abetting second-degree murder and second-degree manslaughter in the May 2020 death of Floyd. But Hennepin County Judge Peter Cahill on Monday ordered that trial be delayed until Jan. 5.
Cahill denied a defense motion for a change of venue due to the extensive pretrial publicity surrounding the case. But he said media reports and recent events surrounding connected cases have created “a reasonable likelihood of an unfair trial” if it were to begin next week.
Cahill cited the May 18 guilty plea by Thao and Keung’s co-defendant, former Officer Thomas Lane. He also cited the convictions of Thao, Kueng and Lane on federal civil rights charges in a separate trial in federal court in February.
The judge said those two events and the publicity surrounding them could make it difficult for jurors to presume that Thao and Kueng are innocent of the state charges against them. So, he ordered the seven-month delay to diminish the effects of that publicity.
Cahill also presided over last year’s trial of former officer Derek Chauvin, which ended in a conviction for second-degree murder and a 22 1/2-year sentence for the white officer who kneeled on the Black man’s neck for 9 1/2 minutes despite Floyd’s fading pleas of “I can’t breathe.” The killing led to protests worldwide and a national reckoning on racial injustice.
___
Find AP’s full coverage of the death of George Floyd at: https://apnews.com/hub/death-of-george-floyd
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/06/judge-delays-trial-2-ex-cops-floyd-killing-until-2023/ | 2022-06-06T15:15:31Z |
Frontier Airlines on Friday added more cash and a larger breakup fee to its offer to buy Spirit Airlines, and the Spirit board repeated its preference for Frontier over a rival bid by JetBlue Airways.
Frontier added $2 per share to its previous offer, boosting it to $4.13 in cash plus 1.9126 shares of Frontier for each Spirit share.
The Denver-based airline also raised the amount it would pay Miramar, Florida-based Spirit if antitrust regulators stop the deal — from $250 million to $350 million — matching JetBlue’s proposed breakup fee.
Spirit said that, given the sweetened terms, its board reiterated its unanimous recommendation that shareholders approve the Frontier offer at a special meeting next Thursday.
JetBlue said its proposal remains better than Frontier’s with a higher value, more cash, “more certainty, and more regulatory protections.”
Frontier’s move was the latest gambit in a fight between Frontier and JetBlue to see who gets the nation’s largest discount airline. On Monday, New York-based JetBlue raised its all-cash offer to $33.50 per share, or more than $3.6 billion.
At current value, JetBlue’s proposal is worth more. JetBlue proposes to buy all Spirit shares and reconfigure the budget airline’s planes into JetBlue’s less-cramped layout.
Frontier’s stock-and-cash offer would give Spirit shareholders 48.5% of the new, combined airline — which does not yet have a name. That means investors willing to hold the stock could come out ahead if the shares rise enough in price.
Spirit’s board has cited another reason for favoring Frontier, which, like Spirit, is an ultra-low-cost carrier that charges rock-bottom fares but also many extra fees. Spirit has maintained that antitrust regulators are very unlikely to let JetBlue buy Spirit and remove its low fares from the market.
JetBlue disputes Spirit’s conclusion. It bypassed Spirit’s board and appealed directly to Spirit shareholders to reject the Frontier offer.
Frontier and JetBlue agree on one thing: Both say that buying Spirit would make them a stronger competitor to the nation’s four leading airlines, American, Delta, United and Southwest. | https://cw33.com/business/ap-business/airline-merger-frontier-sweetens-offer-for-spirit-airlines/ | 2022-06-25T21:21:34Z |
MEXICO CITY (AP) — Six of the 43 college students “disappeared” in 2014 were allegedly kept alive in a warehouse for days then turned over to the local army commander who ordered them killed, the Mexican government official leading a Truth Commission said Friday.
Interior Undersecretary Alejandro Encinas made the shocking revelation directly tying the military to one of Mexico’s worst human rights scandals, and it came with little fanfare as he made a lengthy defense of the commission’s report released a week earlier.
Last week, despite declaring the abductions and disappearances a “state crime” and saying that the army watched it happen without intervening, Encinas made no mention of six students being turned over to Col. José Rodríguez Pérez.
On Friday, Encinas said authorities were closely monitoring the students from the radical teachers’ college at Ayotzinapa from the time they left their campus through their abduction by local police in the town of Iguala that night. A soldier who had infiltrated the school was among the abducted students, and Encinas asserted the army did not follow its own protocols and try to rescue him.
“There is also information corroborated with emergency 089 telephone calls where allegedly six of the 43 disappeared students were held during several days and alive in what they call the old warehouse and from there were turned over to the colonel,” Encinas said. “Allegedly the six students were alive for as many as four days after the events and were killed and disappeared on orders of the colonel, allegedly the then Col. José Rodríguez Pérez.”
The defense department did not immediately respond to a request for comment about the allegations Friday.
The role of the army in the students’ disappearance has long been a source of tension between the families and the government. From the beginning, there were questions about the military’s knowledge of what happened and its possible involvement. The students’ parents demanded for years that they be allowed to search the army base in Iguala. It was not until 2019 that they were given access along with Encinas and the Truth Commission.
The commission report says the army registered an anonymous emergency call on Sept. 30, 2014, four days after the students’ abduction. The caller reportedly said the students were being held in a large concrete warehouse in a location described as “Pueblo Viejo.” The caller proceeded to describe the location.
That entry was followed by several pages of redacted material, but that section of the report concluded with the following: “As can be seen, obvious collusion existed between agents of the Mexican state with the criminal group Guerreros Unidos that tolerated, allowed and participated in events of violence and disappearance of the students, as well as the government’s attempt to hide the truth about the events.”
Later, in a summary of how the commission’s report differed from the original investigation’s conclusions, there is mention of a colonel.
“On Sept. 30 ‘the colonel’ mentions that they will take care of cleaning everything up and that they had already taken charge of the six students who had remained alive,” the report said.
In a witness statement provided to federal investigators in December 2014, Capt. José Martínez Crespo, who was stationed at the base in Iguala, said the base commander for the 27th Infantry Battalion at the time was Col. José Rodriguez Pérez.
Through a driving rain later Friday, the families of the 43 missing students marched in Mexico City with a couple hundred other people as they have on the 26th of every month for years.
Parents carried posters of their children’s faces and rows of current students from the teachers’ college marched, shouted calls for justice and counted off to 43. Their signs proclaimed that the fight for justice continued and asserted: “It was the State.”
Clemente Rodríguez marched for his son Christian Alfonso Rodríguez Telumbre, who was a second student identified by a tiny burned bone fragment.
Rodríguez said the families had been told last week before the report was released about the coronel and the six students.
“It’s not by omission anymore. It’s that they participated,” he said of the military. “It was the state, the three levels of government participated.”
He said the families had not been told that any of the arrest orders announced last week for members of armed forces had been carried out yet.
On Sept. 26, 2014, local police took the students off buses they had commandeered in Iguala. The motive for the police action remains unclear eight years later. Their bodies have never been found, though fragments of burned bone have been matched to three of the students.
Last week, federal agents arrested former Attorney General Jesus Murillo Karam, who oversaw the original investigation. On Wednesday, a judge ordered that he stand trial for forced disappearance, not reporting torture and official misconduct. Prosecutors allege Murillo Karam created a false narrative about what happened to the students to quickly appear to resolve the case.
Authorities also said last week that arrest warrants were issued for 20 soldiers and officers, five local officials, 33 local police officers and 11 state police officers as well as 14 gang members. Neither the army nor prosecutors have said how many of those suspects are in custody.
It was also not immediately clear if Rodríguez Pérez was among those sought.
Rodríguez, the student’s father, said Murillo Karam’s arrest was a positive step.
Murillo Karam “was the one who told us the soldiers couldn’t be touched,” Rodríguez said. “And now it’s being discovered that it was the state that participated.”
In a joint statement, the families said the Truth Commission’s confirmation that it was a “state crime” was significant after elements suggesting that over the years.
However, they said the report still did not satisfactorily answer their most important question.
“Mothers and fathers need indubitable scientific evidence as to the fate of our children,” the statement said. “We can’t go home with preliminary signs that don’t fully clear up where they are and what happened to them.”
President Andrés Manuel López Obrador has given Mexico’s military enormous responsibility. The armed forces are not only at the center of his security strategy, but they have taken over administration of the seaports and been given responsibility for building a new airport for the capital and a tourist train on the Yucatan Peninsula.
The president has said often that the army and navy are the least corrupt institutions and have his confidence. | https://cw33.com/news/international/ap-international/ap-official-6-of-43-missing-mexican-students-given-to-army/ | 2022-08-27T11:15:05Z |
TAMPA, Fla. (AP) — A federal judge sentenced a former Trump supporter to three years of probation and a $7,000 fine for sending an email threatening to kill Rep. Ilhan Omar of Minnesota and three other congresswomen.
David George Hannon, 67, also must undergo mental and substance abuse treatment and have no contact with Omar or Reps. Alexandria Ocasio-Cortez of New York, Ayanna Pressley of Massachusetts and Rashida Tlaib of Michigan, according to a report in the Tampa Bay Times.
Hannon, who pleaded guilty in April to threatening a federal official, sent the email after the four Democratic lawmakers held a news conference in July 2019 in response to criticism from former President Donald Trump, who said they should “go back” to the “crime-infested places” from which they came.
“He was doing that because Trump told him to,” his daughter, Elizabeth Hannon Dillon, told the judge during the hearing on Wednesday. “He was a Trump supporter and now he regrets it.”
This threat was “heinous and inappropriate in every regard,” U.S. District Judge Kathryn Kimball Mizelle said. “This sort of behavior has no place in our society.”
Sentencing guidelines called for about 10 months in prison, but Mizelle noted that a probation officer recommended against prison time, along with Hannon’s expressions of remorse, lack of prior trouble, his age and health problems.
“I’m very, very sorry and very remorseful about my behavior that night,” Hannon said as he stood before the judge, stooped and trembling.
Hannon emailed Omar’s campaign with a subject line that read: “Your Dead You Radical Muslim,” writing that Omar should get more security or she and the other women would be “six feet under.”
Omar’s staff immediately notified federal agents, but the FBI didn’t visit Hannon at his Sarasota home until 19 months had passed and Trump was out of office.
Hannon admitted that he disparaged Omar’s Islamic faith, but the judge declined to apply a hate crime adjustment to Hannon’s sentence, which could have increased the sentencing guidelines.
“I do have remorse that I did target Ms. Omar,” Hannon said. “But I don’t have any hatred toward anyone whether their race, creed, color or nationality. This is the United States of America and whatever people do and say, they have a right to do that. But I had no right to write that email.” | https://cw33.com/news/ap-top-headlines/florida-man-sentenced-in-death-threat-to-minnesota-rep-omar/ | 2022-07-08T07:13:26Z |
WEST CONSHOHOCKEN, Pa. , June 10, 2022 /PRNewswire/ -- SAFARI Montage is excited to add four superstar edtech leaders to our team with the addition of Shannon Terry (Vice President of National Strategic Accounts), Kate Crawford (Vice President of Strategic Accounts), Tricia Kennedy (Consultant) and Nicole O'Brien (Manager of Customer Engagement). This quartet of forward-thinking female industry veterans brings a wealth of experience serving the K-12 community and using SAFARI Montage solutions as well as extensive expertise designing and implementing interoperable digital learning ecosystems.
In her new role as Vice President of National Strategic Accounts for SAFARI Montage, Shannon Terry will work closely with school districts to provide strategic vision and direction on implementing and effectively leveraging SAFARI Montage solutions in their digital ecosystems. Dr. Terry comes to the company from the Texas Education Agency (TEA) where she worked as the Division Director of Program Integration Strategy. Prior to TEA, Shannon served as the Executive Director of Professional and Digital Learning for Dallas Independent School District (TX).
Kate Crawford will be joining SAFARI Montage in August 2022 as the Vice President of Strategic Accounts. She most recently served as the Director, Digital Learning and Media Services at Fayette County Public Schools (GA) where she spent the last decade guiding the district on the effective use of technology and determined the applicability for educational settings and student achievement through actual implementation and progressive teaching and learning strategies. In her new role, Kate will work closely with the team at Chicago Public Schools (CPS) as they continue to leverage the SAFARI Montage Learning Object Repository as the interoperable foundation for their Skyline Digital Curriculum initiative along with other key K-12 partner school districts.
Tricia Kennedy is the former Executive Director, Instructional Development and Support for Gwinnett County Public Schools (GA). She is a nationally recognized leader in K-12 educational technology and recently retired after 30+ years of service at GCPS where she provided leadership on the design and implementation of the district's digital conversion initiative, including selection, procurement, and implementation of their learning management system; design of student and instructional staff portals and digital ecosystem; professional development for instructors and staff on use of technology to enhance effective instruction; preparation for district digital learning days. In her role as a Consultant for SAFARI Montage, Tricia will be working with SAFARI Montage K-12 partner districts to develop and implement effective digital curriculum, including facilitating leadership discussions of district needs, vision and requirements for digital curriculum; presenting districts with best practices and potential models for digital curriculum; connecting district with thought leaders in digital ecosystem and curriculum design; and more. Her first day with the company will be Monday, June 13, 2022.
Nicole O'Brien brings considerable experience and knowledge of K-12 public education as well as education technology to SAFARI Montage. In her most recent role, Nicole served as an Account Services Manager for Education Networks of America (ENA) and before that worked as the Technology Integration Coordinator for Sharon Public Schools (MA) and the Application Integration Support at Newton Public Schools (MA). As the Manager of Customer Engagement, Nicole will work with K-12 school districts throughout the Northeast United States to find the best ways to solve their digital instruction challenges using the SAFARI Montage platform.
"The addition of this fabulous foursome of edtech leaders will help SAFARI Montage strengthen our vision and commitment to advancing the possibilities for digital teaching and learning in K-12 classrooms," stated Tim Beekman, President & Co-Founder, SAFARI Montage.
SAFARI Montage is the leading K-12 Learning Object Repository, Video Streaming Library, IPTV & Live Media Streaming provider. This enterprise-level solution provides an interoperable foundation for teachers and students to have equitable access to procured, created and curated educational digital resources, create playlists and link them to their LMS. The platform is IMS certified in Learning Tools Interoperability (LTI), Common Cartridge, OneRoster, Competencies & Academic Standards Exchange (CASE), and Data Privacy.
SAFARI Montage comes preloaded with educational video titles tied to the curriculum from the industry's leading video publishers, which include Schlessinger Media, PBS, The History Channel, National Geographic, Scholastic, Disney Education, BBC and more.
SAFARI Montage LOR Cloud offers all of refined features of the Learning Object Repository without the need for hardware inside a school district. It is ideal for flexible in-person and remote instruction needs.
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SOURCE SAFARI Montage | https://www.wibw.com/prnewswire/2022/06/10/safari-montage-adds-4-edtech-titans/ | 2022-06-10T20:21:11Z |
NEW YORK, June 16, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Waste Management, Inc. (NYSE: WM) redeemable senior notes (the "Notes") between February 13, 2020 and June 23, 2020, inclusive (the "Class Period"). The Notes include the following senior redeemable notes issued by WM in May 2019: (i) 2.95% Senior Notes due 2024; (ii) 3.20% Senior Notes due 2026; (iii) 3.45% Senior Notes due 2029; and (iv) 4.00% Senior Notes due 2039. If you wish to serve as lead plaintiff, you must move the Court no later than August 8, 2022.
SO WHAT: If you purchased Waste Management Notes 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 Waste Management class action, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 8, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: The complaint filed in this class action alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million Antitrust Revenue Threshold; (2) as a result, the merger would not be completed by the End Date; and (3) the Notes would be subject to mandatory redemption at 101% of par. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Waste Management class action, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/06/16/rosen-skilled-investor-counsel-encourages-waste-management-inc-investors-secure-counsel-before-important-deadline-securities-class-action-wm/ | 2022-06-16T21:13:08Z |
NEW YORK, July 7, 2022 /PRNewswire/ -- On July 1, 2022, Credit Suisse announced expected coupon payments for the following ETNs:
1. On June 13, 2022, the Credit Suisse Nasdaq Gold FLOWSTM 103 Index, the Credit Suisse Nasdaq Silver FLOWSTM 106 Index and the Credit Suisse Nasdaq WTI Crude Oil FLOWSTM 106 Index (the "Indices") concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with July 2022 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on July 11, 2022, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI, SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on July 11, 2022, we expect to declare a Coupon Amount for GLDI, SLVO and USOI, respectively, equal to the corresponding Expected Coupon Amount. The Expected Coupon Amount is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.
2. For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is based on an ETN's Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to Credit Suisse's ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement.
3. The Expected Current Yield for the ETN equals the sum of (i) the Expected Coupon Amount, plus (ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such amounts), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.
Press Contact
Andre Rosenblatt, Credit Suisse, andre.rosenblatt@credit-suisse.com
Credit Suisse ETNs
Telephone +1 800 320 1225, ETN.Desk@credit-suisse.com
The ETNs may not be suitable for all investors and should be purchased only by knowledgeable investors who understand the potential consequences of investing in the ETNs. The ETNs are subject to the credit risk of Credit Suisse. You may receive less, and possibly significantly less, than the principal amount of your investment at maturity or upon repurchase or sale. Coupon payments on the ETNs will vary and could be zero. There is no actual portfolio of assets in which any investor in the ETNs has any ownership or other interest. Investors in the ETNs do not have voting rights, distribution rights or other rights with respect to the assets included in the tracked indices. An investment in the ETNs involves significant risks. For further information regarding risks, please see the section entitled "Risk Factors" in the applicable pricing supplement.
Credit Suisse
Credit Suisse is one of the world's leading financial services providers. Our strategy builds on Credit Suisse's core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 51,030 people. The registered shares (CSGN) of Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Disclaimer
This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.
Credit Suisse has filed a registration statement (including a prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this press release relates. Before you invest, you should read the applicable Pricing Supplement, the Prospectus Supplement dated June 18, 2020 and the Prospectus dated June 18, 2020 that Credit Suisse has filed with the SEC for more complete information about Credit Suisse and this offering. You may obtain these documents without cost by visiting EDGAR on the SEC website at www.sec.gov or clicking the hyperlinks below:
USOI:
Pricing Supplement dated June 21, 2022, including the Prospectus Supplement dated June 18, 2020, and Prospectus dated June 18, 2020:
https://notes.credit-suisse.com/api/DocFile/GetProspectus/USOI
GLDI:
Pricing Supplement dated May 24, 2021, including the Prospectus Supplement dated June 18, 2020, and Prospectus dated June 18, 2020:
https://notes.credit-suisse.com/api/DocFile/GetProspectus/GLDI
SLVO:
Pricing Supplement dated June 24, 2021, including the Prospectus Supplement dated June 18, 2020, and Prospectus dated June 18, 2020:
https://notes.credit-suisse.com/api/DocFile/GetProspectus/SLVO
Alternatively, Credit Suisse, Credit Suisse Securities (USA) LLC or any agent or any dealer participating in this offering will arrange to send you the applicable pricing supplement, prospectus supplement and prospectus if you so request by calling 1-800-320-1225.
This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change.
X-Links® is a registered trademark of Credit Suisse Securities (USA) LLC.
Copyright © 2022, CREDIT SUISSE GROUP AG and/or its affiliates. All rights reserved.
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SOURCE Credit Suisse AG | https://www.kxii.com/prnewswire/2022/07/07/credit-suisse-announces-coupon-payments-expected-coupon-payments-credit-suisse-x-links-exchange-traded-notes-etns/ | 2022-07-07T13:54:13Z |
COPENHAGEN, Denmark, June 13, 2022 /PRNewswire/ -- The newly released DSP amplifiers are part of the successful PowerZone Connect series - and now deliver up to 3000W total system power, offer multiple channel and power options, integrated audio DSP and super easy configuration. These models are a perfect match to bring superior sound to even bigger spaces.
The new PowerZone Connect series, the 1002,1502, 2004 & 3004 models, firstly deliver outstanding power amplification, but also offer many power and channel configurations since they drive both conventional low impedance and constant voltage (70V/100V) loudspeaker loads - making it the perfect choice for the most demanding install solutions. These solid, full rack, 2U amplifiers delivers flexible, reliable power amplification with total system power of 1000W, 1500W, 2000W and 3000W.
Four new models are available already - with both 2 and 4 channel versions. Find out more and view the full technical specification at blaze-audio.com.
More Power, Still Connected
All PowerZone Connect models have software-controlled DSP, routing, and easy to configure sound zones. All set up in minutes with the PowerZone Control web app. Simply connect through any browser to the amplifier's built-in Wi-Fi, or directly via the network port. Then configure everything from your phone, tablet, or laptop.
PowerZone Control makes life simple thanks to its intuitive interface - a main dashboard shows the overview of your system, with volume adjustment levels for each sound zone you create. Look further to gain access to the advanced configuration and professional install settings.
Explore a variety of tuning options - including easy to install speaker EQ's, where you can import an approved library, or one you've created for a specific location. Update firmware, copy and back-up your amp profile, or use it on another project - or integrate the amp with smart room controllers via Blaze 3rd party drivers.
Blaze brings high quality, reliable, power amplifiers and easy to use solutions to the market - enabling System Designers, Integrators, and Installers to create impressive multi-zone sound systems.
Blaze - The Power Behind Great Sound
Press Enquiries: Press and Media contacts can visit the official Blaze Press & News page or contact our dedicated Team at hello@blaze-audio.com.
For US enquiries please email welcome@blaze-audio.com
Contact:
George Tennet
VP Business Unit (BLAZE EMEA & APAC)
Mobile: +45 30 54 39 54
E-mail: george@blaze-audio.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Pascal A/S | https://www.wibw.com/prnewswire/2022/06/13/blaze-audio-extends-their-powerzone-connect-range-dsp-amplifiers-with-four-new-power-options-giving-system-installers-up-3000w-reliable-power-pascal/ | 2022-06-13T17:19:54Z |
WUHAN, China, May 10, 2022 /PRNewswire/ -- Kitalpha, the brightest star in the Equuleus constellation, is 52.5 times more luminous than the sun, shining with a dazzling light, just like the new release, TK Gen2 Kitalpha thermal monocular from Guide Sensmart. This new arrival comes with the enhanced and new capabilities of night vision, laser indicating and outdoor lighting that enable users to absorbedly explore the world through the darkness.
Equipped with Guide's new self-developed infrared detector and the patented image processing technology, the new TK captures sharp imaging and is packed with powerful features like image and video recording, smooth zoom, approximate ranging and PIP. Personalized image observation is supported in different scene modes.
This Guide thermal monocular chose its first show at the HuntEx2022 from April 22 to 24 in Johannesburg, South Africa. Unexpectedly, the power failure left visitors in the dark across the hall last day and it did not enrage visitors who came to the Guide Sensmart's booth. The visitors took this thermal camera for night vision. The considerate ergonomic design makes it a comfort for one-hand operation and portability, and differential button design allows operation in total darkness. Visitors like the amazing imaging quality and they can't keep their hands off it. Detection up to 3km ensures the long-range view and safety, which can be used for animal observation.
Since thermal imaging camera is a passive non-contact recognition tool of targets, it is concealed and not easy to be discovered, making it convenient to observe fast animals in a safer place. Three scene modes give prominence to animals and its LCOS eyepiece prevents condensation or fogging and helps users maintain a clear view.
Except the TK Gen2, Guide Sensmart will showcase their newest products and solutions at MILIPOL QATAR exhibition taking place May 24-26, 2022, in Doha Exhibition & Convention Center.
At booth #C070, Guide Sensmart will show innovative thermal imagers for petroleum & metallurgy, mechanical & electrical and law enforcement. Product and application specialists will be available to discuss users' specific requirements.
Enter the Guide Sensmart booth and discover all the company's offers.
About Guide Sensmart
Guide Sensmart is the subsidiary of Guide Infrared (SZ.002414), the world leading infrared thermal imaging systems manufacturer with over 20 years of experience in the infrared industry and mass production capacity. https://www.guideir.com/.
liyy07271@guideir.com
+86 13207192755
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SOURCE Wuhan Guide Sensmart Tech Co.,Ltd | https://www.wibw.com/prnewswire/2022/05/10/guide-sensmart-has-released-new-tk-handheld-thermal-imaging-monocular/ | 2022-05-10T10:04:59Z |
CVCA's Andrew Hendrickx, Jason Herblet lead PAC-7 baseball honors
CVCA senior Andrew Hendrickx and Royals head coach Jason Herblet swept the top PAC-7 baseball awards by a vote of the league’s coaches.
Hendrickx, a Kent State baseball recruit, is the player of the year for the second straight season. He went 5-0 with a 0.40 ERA and 76 strikeouts in 34.2 innings. Hendrickx also batted .469 with seven doubles, four triples, four home runs, 37 runs scored and 38 RBIs.
Herblet, the PAC’s coach of the year, led the Royals to a 12-0 run through the league, topping second-place Triway by four games. CVCA lost in a district semifinal and finished 25-3 — the best record in program history.
The complete All-PAC baseball team is below:
2022 All-Principals’ Athletic Conference baseball team
First Team: Owen Canter, Manchester, jr.; Kenton Duty, Manchester, sr.; Chad Harper, Triway, jr.; Andrew Hendrickx, CVCA, sr.; Ethan Lautzenheiser, Fairless, jr.; Joey Lehner, CVCA, soph.; Brady Marshall, Orrville, soph.; Liam McCollister, Tuslaw, jr.; Braden Mick, Northwest, jr.; Trevor Szekely, Northwest, jr.; Brock Tisko, Triway, sr.; Trevor Vojtkofsky, CVCA, jr.; Kain Weaver, Triway, sr.; Tyler Wise, CVCA, sr.
Player of the Year: Andrew Hendrickx, CVCA
Coach of the Year: Jason Herblet, CVCA
Honorable Mention: Logan Carr, Manchester, soph.; Sawyer Hamsher, Orrville, soph.; Trevor Horrisberger, Fairless, jr.; Simon Kitchen, Triway, soph.; Tyler Ogozalek, Northwest, sr.; Otto Rogers, CVCA, jr.; Jackson Weaver, Tuslaw, sr. | https://www.cantonrep.com/story/sports/high-school/baseball/2022/06/08/2022-all-principals-athletic-conference-baseball-pac-7-cvca-hendrickx-manchester-northwest-fairless/7516704001/ | 2022-06-08T09:38:44Z |
Air National Guard’s first female F-35 pilot completes inaugural flight: ‘It’s exciting’
(Gray News) - A female pilot from Kentucky made history earlier this month by piloting an F-35 fighter jet for the Air National Guard.
According to the Air National Guard, 30-year-old 1st Lt. Kelsey Flannery marked her first flight as a Vermont Air National Guard member on Sept. 7.
“I really wanted to be on the leading edge,” Flannery said. “It’s exciting to get up there, go fast, and be able to employ weapons, so that was one of the more appealing parts of it.”
Officials said Flannery has been training for three years to pilot the F-35A Lightning II.
The 30-year-old daughter of an Air Force pilot said she always knew she wanted to fly for the military.
After considering active duty, Flannery said she learned about the opportunities in the Air National Guard and being selected by Vermont to fly the F-35 was “icing on the cake.”
Flannery said the topic of her being the first female in the Air National Guard to pilot an F-35 never came up throughout the three-year process of becoming the latest pilot in the 134th Fighter Squadron.
“There’s definitely been a trail blazed already. I’m really grateful to the women who have done that, but nobody has brought it up, and I feel very much like an equal here,” Flannery said. “People just treat me like a wingman, and it’s great as it allows me to focus more on flying.”
Capt. Jake Dubie, an instructor pilot in the 134th Fighter Squadron, said Flannery did great on her first flight in Vermont.
“Never had to worry about her up in the air,” he said. “She did an awesome job, so it was definitely a lot of fun.”
According to Dubie, the goals laid out for Flannery are to be the best fighter pilot she can be and be someone who can be trusted in the air.
Flannery said she is excited to be part of the 134th Fighter Squadron as it has a strong reputation in the fighter community and a history that dates back to World War II.
“The heritage here goes back so many decades, and it’s so important that we retain that heritage,” Flannery said.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/15/air-national-guards-first-female-f-35-pilot-completes-inaugural-flight-its-exciting/ | 2022-09-15T23:46:03Z |
Freight railroads work to resolve service problems, delays
By JOSH FUNK
AP Business Writer
OMAHA, Neb. (AP) — Some grain elevators are so full that farmers trying to sell their crops are being turned away. But at the same time, flour and animal-feed mills are halting production because they can’t get the grain they need. The issue? The lack of trains to move the grain. Federal regulators are holding hearings later this month to look into the causes of the dearth of rail capacity, which the railroads largely attribute to factors outside their control, like the broader supply-chain issues and widespread labor shortages. But shippers, regulators and rail labor groups say they believe the heart of the problem is that railroads cut too deeply when they eliminated nearly one-third of their workforce in recent years in the name of efficiency. | https://localnews8.com/news/ap-national-business/2022/04/12/freight-railroads-work-to-resolve-service-problems-delays/ | 2022-04-13T01:58:19Z |
GUIDONIA MONTECELIO, Italy (AP) — For Rory McIlroy, it’s a flat-out “no.”
U.S. Open champion Matt Fitzpatrick is open to having LIV Golf players on Europe’s team at next year’s Ryder Cup, because, as he said, “I just want to make sure that we win.”
Europe captain Luke Donald, meanwhile, is toeing the official tour line when he says he’s in “limbo” waiting for the conflict to be decided in the courts.
As several of Europe’s top players prepare to play this week’s Italian Open on the Marco Simone course outside Rome that will host next year’s Ryder Cup, the pre-tournament discussion has been about who should and who should not be included on the 2023 team.
“I have said it once, I’ve said it a hundred times: I don’t think any of those guys should be on the Ryder Cup team,” McIlroy said Wednesday of the players who have joined the Saudi-backed breakaway series.
Litigation is ongoing on both sides of the Atlantic involving the PGA and European tours after LIV golfers were excluded from events, and the divide between the players sticking to the traditional tours and those who have joined the lucrative breakaway series is growing.
But Fitzpatrick, who won his first major title in June, is taking a more neutral stance.
“I just want to win the Ryder Cup. … I want the 11 best guys we can get,” said the Englishman, who lost all three of his matches when the U.S. romped to a record rout in Whistling Straits, Wisconsin, last year. “I’m not really too bothered about where they are going to come from.”
Fitzpatrick even went so far as to reach out to a LIV player at the BMW PGA Championship at Wentworth last week.
“I told him I’d happily have him on the team,” Fitzpatrick said, without naming the player.
Donald was named captain last month after Henrik Stenson was stripped of the title because he joined LIV.
“Nothing that’s really changed since I was appointed,” Donald said. “We’re still a little bit in limbo. We don’t know what’s going to happen with the lawsuit so I’m trying to not really put too much energy into it. Once we get a clearer picture, I can give you better answers.”
While European Ryder Cup stalwarts Sergio Garcia, Lee Westwood and Ian Poulter were among the contingent of LIV golfers competing at Wentworth, none of those high-profile names came to Italy.
“I had already committed to playing in this event before Luke was the captain and it was someone else,” McIlroy said, refusing to mention Stenson by name again.
“I’ve had discussions with Luke and actually a few of us are meeting for dinner tonight for a little bit of team bonding but also to have a talk about the course and how we think it should be set up to favor the European team.”
Located a half-hour drive from the center of Rome — without traffic — the course owned and run by fashion designer Lavinia Biagiotti Cigna features hilly terrain which should lend itself to a stadium-like setting suited for the Ryder Cup.
“You’ve got two drivable par 4s (Nos. 11 and 16), you’ve got a few holes with water and you’ve got that wonderful closing hole which could be really exciting,” McIlroy said of the back nine.
The only time McIlroy previously played in Italy came when he won the European amateur championship in 2006 in the northern town of Biella.
“So I’ve got a 100% record in this country and I’d like to keep that going,” he said.
McIlroy has been enjoying strolling around Rome with family, especially since his wife once studied in the city for seven months “and she knows her way around.”
McIlroy and his teammates’ main order of business, however, is strategizing how to reduce the gap from that 19-9 whipping by the U.S. in Wisconsin.
“The European team has a core of six or seven guys that I think we all know are pretty much going to be on that team, and then it’s up to some of the younger guys to maybe step up,” McIlroy said. “I think we were in need of a rebuild anyway. We did well with the same guys for a very long time but everything comes to an end at some point. I think Whistling Straits is a good sort of demarcation.”
Donald is paired with rising Italian Guido Migliozzi and Adrian Meronk, the Polish player who won the Irish Open in July, for the opening two rounds this week.
Then there’s Nicolai Højgaard, the 21-year-old Dane who won at Marco Simone last year a week after his identical twin brother, Rasmus, won the European Masters in Switzerland .
Vice captain Thomas Bjørn is in a group with the 24-year-old Norwegian Viktor Hovland, who is No. 11 in the world golf rankings.
“I’m excited to see their games,” Donald said. “I’ll be keeping my eye on some of the younger, exciting talent to try to make this team.”
Then there’s Francesco Molinari, the hero of Europe’s victory in 2018, who’s looking to return to the team after missing 2021 because of back issues. He’s coming off a top-10 finish at Wentworth.
“Having an Italian on the team would be huge,” McIlroy said.
Molinari said the issues with LIV will take a back seat come the Sept. 29-Oct. 1 event next year.
“The Ryder Cup is such a big, important and fantastic event that I don’t think it will be damaged at all by the conflict,” Molinari said. “Even if the situation isn’t resolved, I think that for that week everyone’s attention will be on the Ryder Cup.”
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
___
Andrew Dampf is at https://twitter.com/AndrewDampf | https://cw33.com/sports/ap-sports/ap-mcilroy-europeans-address-ryder-cup-status-for-liv-players/ | 2022-09-14T23:34:55Z |
NEW YORK, May 23, 2022 /PRNewswire/ --
Notice of Class Action Settlements
If you transacted in BBSW-Based Derivatives1 from January 1, 2003 through August 16, 2016, inclusive, then your rights will be affected, and you may be entitled to a benefit. This Notice is only a summary of the proposed settlements and is subject to the terms of the Settlement Agreements2 and other relevant documents (available as set forth below).
The United States District Court for the Southern District of New York (500 Pearl St., New York, NY 10007-1312) authorized this Notice. The purpose of this Notice is to inform you of your rights in connection with eight proposed settlements ("Settlements") between Plaintiffs and (1) JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A. (collectively, "JPMorgan"); (2) Westpac Banking Corporation ("Westpac"); (3) Australia and New Zealand Banking Group Ltd. ("ANZ"); (4) Commonwealth Bank of Australia ("CBA"); (5) National Australia Bank Limited ("NAB"); (6) Morgan Stanley and Morgan Stanley Australia Limited (collectively, "Morgan Stanley"); (7) Credit Suisse AG and Credit Suisse Group AG ("Credit Suisse"); and (8) BNP Paribas, S.A. ("BNPP"), Deutsche Bank AG ("Deutsche Bank"), Royal Bank of Canada ("RBC"), The Royal Bank of Scotland plc (n/k/a NatWest Markets plc) ("RBS"), and UBS AG ("UBS") in the action titled Dennis et al. v. JPMorgan Chase & Co. et al., No. 16-cv-06496 (LAK) (S.D.N.Y.) (the "Action").
The Settlements have been proposed to resolve a class action lawsuit concerning the alleged manipulation of the Bank Bill Swap Rate ("BBSW") and the prices of BBSW-Based Derivatives from January 1, 2003 through August 16, 2016, inclusive. JPMorgan, Westpac, ANZ, CBA, NAB, Morgan Stanley, Credit Suisse, BNPP, Deutsche Bank, RBC, RBS and UBS each has denied and continues to deny each and every claim asserted against them in the Action and deny having engaged in any wrongdoing or violation of law of any kind whatsoever. They have agreed to the Settlements solely to avoid the continuing cost and burden of, and expense associated with, continued litigation. Accordingly, the Settlements may not be construed as an admission of any wrongdoing by JPMorgan, Westpac, ANZ, CBA, NAB, Morgan Stanley, Credit Suisse, BNPP, Deutsche Bank, RBC, RBS or UBS. The Settlements will provide the following amounts for the benefit of qualifying members of the Settlement Class (see below) who transacted in BBSW-Based Derivatives from January 1, 2003 through August 16, 2016, inclusive:
If you qualify, you may send in a Proof of Claim and Release form to potentially get benefits. You may exclude yourself from one or more of the Settlements, or object to one or more of the Settlements. The Court will hold a Fairness Hearing to decide whether to approve the Settlements (see below).
You are a member of the "Settlement Class" if you purchased, acquired, sold, held, traded or otherwise had any interest in BBSW-Based Derivatives at any time from January 1, 2003 through August 16, 2016, inclusive. Excluded from the Settlement Class are (i) the Defendants and any parent, subsidiary, affiliate or agent of any Defendant or any co-conspirator whether or not named as a Defendant; and (ii) the United States Government.
You may contact your brokerage firm to see if you purchased, sold, held, traded, or otherwise had any interest in BBSW-Based Derivatives. If you are not sure you are included, you can get more information, including the Settlement Agreements, Mail Notice and other important documents, at www.BBSWSettlement.com ("Settlement Website"), via email at info@BBSWSettlement.com or by calling toll-free 1‑877-308-3241.
Plaintiffs allege that each Defendant, from January 1, 2003 through August 16, 2016, inclusive, manipulated or aided and abetted the manipulation of BBSW and the prices of BBSW‑Based Derivatives. Plaintiffs allege that Defendants did so by using several means of manipulation. For example, Plaintiffs allege that Defendants coordinated manipulative, uneconomic transactions of Prime Bank Bills during the daily BBSW "Fixing Window" in order to move the published BBSW rate in a direction that benefitted their BBSW-Based Derivatives trading positions and that inter-dealer brokers, intermediaries between buyers and sellers in the money markets and derivatives markets, assisted Defendants' effort to manipulate BBSW. Plaintiffs have asserted legal claims under various theories, including federal antitrust law, the Commodity Exchange Act, the Racketeer Influenced and Corrupt Organizations Act and common law.
JPMorgan, Westpac, ANZ, CBA, NAB, Morgan Stanley, Credit Suisse, BNPP, Deutsche Bank, RBC, RBS and UBS each has consistently and vigorously denied and continues to deny each and every allegation of any wrongdoing that has or could have been asserted by or on behalf of Plaintiffs. JPMorgan, Westpac, ANZ, CBA, NAB, Morgan Stanley, Credit Suisse, BNPP, Deutsche Bank, RBC, RBS and UBS further deny they have violated, in any way and to any degree, inter alia, the Sherman Antitrust Act, 15 U.S.C. § 1 et seq., the Commodity Exchange Act, 7 U.S.C. § 1 et seq., the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C. §§ 1961-1968, and any claim available under U.S. common law, and maintain that they have meritorious defenses to all claims alleged in this Action. JPMorgan, Westpac, ANZ, CBA, NAB, Morgan Stanley, Credit Suisse, BNPP, Deutsche Bank, RBC, RBS and UBS each entered into its respective Settlement Agreement with Plaintiffs, despite believing that it is not liable for the claims asserted against it, solely to avoid the continuing cost and burden of, and business interruption associated with, the Action.
Under the Settlements, JPMorgan agreed to pay $7,000,000, Westpac agreed to pay $25,000,000, ANZ agreed to pay $35,500,000, CBA agreed to pay $35,500,000, NAB agreed to pay $27,000,000, Morgan Stanley agreed to pay $7,000,000, Credit Suisse agreed to pay $8,875,000 and BNPP, Deutsche Bank, RBC, RBS and UBS have agreed to pay an aggregate $40,000,000 for the benefit of the Settlement Class. Under the terms of their respective Settlements, JPMorgan, Westpac, ANZ, CBA, NAB, Morgan Stanley, Credit Suisse, BNPP, Deutsche Bank, RBC, RBS and UBS have each agreed to provide Plaintiffs with certain cooperation materials solely for use in connection with the prosecution of the Action against non-settling Defendants or to provide notice of the Settlements to the Settlement Class. If the Court approves the Settlements, potential members of the Settlement Class who qualify and submit valid and timely Proof of Claim and Release forms may receive a share of the Net Settlement Funds. The Settlement Agreements, available at the Settlement Website, describe all of the details about the proposed Settlements. The method of distributing the Net Settlement Funds to Authorized Claimants will be determined in accordance with a Distribution Plan, which will be submitted to the Court by Class Counsel (Lowey Dannenberg, P.C. and Lovell Stewart Halebian Jacobson LLP) before the below deadlines to object or to request exclusion from one or more of the Settlements. The proposed Distribution Plan and Proof of Claim and Release form will be posted on the Settlement Website at the time they are submitted to the Court for approval on or about August 3, 2022. The exact amount each qualifying Settling Class Member will receive from the Net Settlement Funds cannot be determined until (1) the Court finally approves the Settlements; (2) the Court determines to approve certain fees and expenses identified in the full Settlement Agreements to be deducted from the Settlement Funds; and (3) the number of participating Class Members and the amount of their claims are determined pursuant to the Distribution Plan approved by the Court. In addition, each Settling Class Member's share of the Settlement Fund will vary depending on the information the Settling Class Member provides on their Proof of Claim and Release form. The number of claimants who send in claims varies widely from case to case. If less than 100% of the Settlement Class sends in a Proof of Claim and Release form, you could get more money.
If you are a member of the Settlement Class, you may seek to participate in the Settlements by submitting a Proof of Claim and Release form to the Settlement Administrator (A.B. Data, Ltd.) at the address set forth below that is postmarked no later than January 16, 2023.
BBSW Settlement
c/o A.B. Data, Ltd.
P.O. Box 173031
Milwaukee, WI 53217
You may obtain a Proof of Claim and Release form on the Settlement Website or by calling the toll-free number referenced above. If you are a member of the Settlement Class but do not timely file a Proof of Claim and Release, you will still be bound by the releases set forth in the Settlement Agreements if the Court enters an order approving the Settlement Agreements, and you will not be eligible to share in the Net Settlement Funds.
All requests to be excluded from one or more of the Settlements must be made in accordance with the instructions set forth in the Mail Notice (available on the Settlement Website) and must be sent in writing by U.S. first class mail (or, if sent from outside the U.S., by a service that provides for guaranteed delivery within five (5) or fewer calendar days of mailing) to the Settlement Administrator in accordance with the instructions set forth in the Mail Notice not later than September 2, 2022. All objections to one or more of the Settlements, including objections to Class Counsel's requests for an award of attorneys' fees and reimbursement of expenses, must be made in accordance with the instructions set forth in the Mail Notice (available on the Settlement Website) and must be filed with the Court and received by Class Counsel and counsel for JPM, Westpac, ANZ, CBA, NAB, Morgan Stanley, Credit Suisse, BNPP, Deutsche Bank, RBC, RBS and UBS no later than September 2, 2022.
All requests for exclusion and objections must comply with the requirements set forth in the Mail Notice and the Notice Orders issued by the Court. If you exclude yourself from one or more of the Settlements, you will not be bound by the respective Settlement Agreement(s) and may independently pursue claims at your own expense. However, if you exclude yourself, you will not be eligible to share in the Net Settlement Funds or otherwise participate in the Settlement(s) for which you have sought to be excluded. If you chose to remain in the Settlement Class and the Court approves the Settlements, you will be bound by the releases set forth in the Settlements and any judgments or other orders entered by the Court with respect to the Settlements.
The Court will hold a Fairness Hearing concerning the Settlements on November 1, 2022 at 4:00 p.m. in Courtroom 21B of the Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, New York 10007, to consider whether to approve the Settlements and to consider a request by Class Counsel, which represent all Settlement Class Members, for an award of attorneys' fees of no more than one-third of the Settlement Funds for the Settlements and for reimbursement of litigation costs and expenses in the amount of no more than $1,250,000. Class Counsel may also seek additional awards of fees, and reimbursement of costs and expenses in connection with services provided after the Fairness Hearing. Class Counsel's request for an award of attorneys' fees and reimbursement of expenses will be available on the Settlement Website on or about August 18, 2022. The Representative Plaintiffs may seek an award from the Settlement Fund of no more than $75,000 as reimbursement of their own expenses and compensation for their time devoted to this litigation. To the extent approved by the Court, the foregoing payments will be deducted from the Settlement Funds for the Settlements before any distributions are made to the Settlement Class.
You may ask to appear at the Fairness Hearing, but you do not have to. You may enter an appearance through an attorney if you so desire, but you do not have to. For more information, call toll-free 1-877-308-3241 or visit the website www.BBSWSettlement.com. The time and date of the Fairness Hearing may be continued from time to time without further notice, and you are advised to confirm the time and location if you wish to attend. As soon as practicable after any change in the scheduled date, time or venue, such change will be posted on the Settlement Website.
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SOURCE Lowey Dannenberg, P.C. and Lovell Stewart Halebian Jacobson LLP | https://www.mysuncoast.com/prnewswire/2022/05/23/lowey-dannenberg-pc-lovell-stewart-halebian-jacobson-llp-announce-proposed-settlements-if-you-transacted-bbsw-based-derivatives-january-1-2003-through-august-16-2016-inclusive-then-your-rights-will-be-affected-you-may-be-entitled-benefit/ | 2022-05-23T21:29:50Z |
SAN DIEGO, Aug. 4, 2022 /PRNewswire/ -- Poseida Therapeutics, Inc. (Nasdaq: PSTX), a clinical-stage biopharmaceutical company utilizing proprietary genetic engineering platform technologies to create cell and gene therapeutics with the capacity to cure, today announced that it has commenced an underwritten public offering of shares of its common stock. In addition, Poseida expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the offering. All of the shares to be sold in the offering are to be sold by Poseida. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering.
Piper Sandler and William Blair & Company, L.L.C. are acting as joint book-running managers for the offering. Cantor Fitzgerald & Co. and BTIG, LLC are also acting as book running managers for the offering.
The proposed offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, previously filed and declared effective by the Securities and Exchange Commission (the "SEC"). The offering is being made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available for free on the website of the SEC at www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, by contacting Piper Sandler, Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, by telephone at (800) 747-3924 or by email at prospectus@psc.com; or William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, by telephone at (800) 621-0687 or by email at prospectus@williamblair.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
Poseida Therapeutics is a clinical-stage biopharmaceutical company dedicated to utilizing our proprietary genetic engineering platform technologies to create next generation cell and gene therapeutics with the capacity to cure. We have discovered and are developing a broad portfolio of product candidates in a variety of indications based on our core proprietary platforms, including our non-viral piggyBac® DNA Delivery System, Cas-CLOVER™ Site-specific Gene Editing System and nanoparticle- and AAV-based gene delivery technologies. Our core platform technologies have utility, either alone or in combination, across many cell and gene therapeutic modalities and enable us to engineer our portfolio of product candidates that are designed to overcome the primary limitations of current generation cell and gene therapeutics.
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, the timing, terms and completion of the proposed public offering. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Poseida's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with market conditions, the satisfaction of customary closing conditions related to the offering, and the other risks described in Poseida's filings with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Poseida undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
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SOURCE Poseida Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/08/04/poseida-therapeutics-announces-proposed-public-offering-common-stock/ | 2022-08-04T11:50:33Z |
Newly integrated department supports life insurance carrier's emphasis on customer experience and aligns technology and service in one area
CANTON, Mass., May 17, 2022 /PRNewswire/ -- Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced today the introduction of its new Customer Experience, Innovation, Projects & Technology (CxIPT) Strategic Business Center (SBC), led by Jennifer Helms, Executive Vice President. The new area is a combination of previously existing departments, including the Strategic Project Management Office (SPMO), Innovation Lab, Operations, and the Information Technology teams, structuring all into a new, integrated department to emphasize a focus on the customer experience. In this new SBC, both technology and customer service areas will be overseen by the same executive and leadership team, further supporting a stronger alignment of their functionalities and strategic efforts.
"Our new Customer Experience, Innovation, Projects & Technology Strategic Business Center supports our strategic growth plans and positions us well to maintain our focus on our technology, capabilities, and response to ever-changing market needs," said Paul A. Quaranto, Jr., Chairman, CEO and President, Boston Mutual Life Insurance Company. "The new department reinforces our ongoing efforts to deploy people to a personalized, enhanced customer experience, and technology to the process. I'm looking forward to building upon the foundation we have built here for years to come."
The new department will support the life insurance carrier's continued strategic growth by focusing on the creation of a more streamlined customer journey from end to end, creating more efficiencies and seamless inter-department alignments. The department will also play a key role in supporting the company's strategic path and enabling future opportunities as it enhances customer experience through the analysis, assessment, and development of processes and technology that sync well with the company's focus on its customers.
"We have established a department that better aligns with one of our key objectives - to create a state of organizational readiness to help support a best-in-class customer experience and provide an even better experience for the policyholders and producers that we serve, as well as our employees. Looking at our processes, service options, and technology from the view of our customers, with an eye towards the future, is an exciting opportunity for the team and our policyholders," said Jennifer Helms, Executive Vice President of Customer Experience, Innovation, Projects & Technology. "I am proud of the work we have done and Boston Mutual's passion for achieving this milestone for a seamless and positive customer journey."
The newly integrated department includes employees based in both of Boston Mutual's corporate offices in Canton, Massachusetts, and Omaha, Nebraska.
To learn more about Boston Mutual Life Insurance Company, please visit https://www.bostonmutual.com/.
About Boston Mutual Life Insurance Company
Founded as a progressive life insurance company in 1891, Boston Mutual Life Insurance Company is a national carrier that provides insurance solutions designed for working Americans and their families, as well as enrollment and billing options at the workplace. With offices based in Canton, Massachusetts, and Omaha, Nebraska, as a mutual company, Boston Mutual Life is dedicated to acting in the best interests of its policyholders, producers, employees, and its communities. For more information, please visit www.bostonmutual.com or contact your Boston Mutual Life representative. Follow the company on Facebook (/BostonMutualLifeIns) or LinkedIn (/company/boston-mutual-life-insurance).
Media Contacts
Meredith D'Agostino
Boston Mutual Life Insurance Company
meredith_dagostino@bostonmutual.com
(800) 669-2668 x276
Boston Mutual News Desk:
bmlnewsdesk@bostonmutual.com
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SOURCE Boston Mutual Life Insurance Company | https://www.kxii.com/prnewswire/2022/05/17/boston-mutual-life-insurance-company-announces-customer-experience-innovation-projects-amp-technology-strategic-business-center/ | 2022-05-17T13:17:51Z |
Texas police: Teacher closed propped-open door before attack
UVALDE, Texas (AP) — The Robb Elementary School teacher who propped open an exterior door that law enforcement said a gunman used to get inside and kill 19 students and two teachers had closed the door but it did not lock, state police said Tuesday.
Investigators initially said the teacher had propped the door open before Salvador Ramos, 18, entered the school in Uvalde, Texas, on May 24. Investigators have now determined that the teacher, who has not been identified, propped the door open with a rock, but then removed the rock and closed the door when she realized there was a shooter on campus, said Travis Considine, chief communications officer for the Texas Department of Public Safety. But, Considine said, the door did not lock.
Investigators confirmed the detail through additional video footage reviewed since the Friday news conference when it was first stated the door had been left propped open. Authorities did not state at that time what had been used to prop open the door.
Considine said the teacher initially propped the door open but ran back inside to get her phone and call 911 when Ramos crashed his truck.
“She came back out while on her phone, she heard someone yell, ‘He has a gun!’, she saw him jump the fence and that he had a gun, so she ran back inside,” removing the rock when she did, Considine said.
He continued: “We did verify she closed the door. The door did not lock. We know that much and now investigators are looking into why it did not lock.”
San Antonio attorney Don Flanery told the San Antonio Express-News that the Robb Elementary School employee, whom he’s not naming, closed the door shut after realizing that a gunman was on the loose.
“She saw the wreck,” Flanary told the newspaper. “She ran back inside to get her phone to report the accident. She came back out while on the phone with 911. The men at the funeral home yelled, ‘He has a gun!’ She saw him jump the fence, and he had a gun so she ran back inside.
“She kicked the rock away when she went back in. She remembers pulling the door closed while telling 911 that he was shooting. She thought the door would lock because that door is always supposed to be locked.”
Flanary told the newspaper that the employee had initially propped open the door to carry food from a car to the classroom.
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/uvalde-school-shooting
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/31/texas-police-teacher-closed-propped-open-door-before-attack/ | 2022-05-31T22:22:37Z |
The Monday After: Cleaning up the city
Trash. Garbage. Clutter of all kinds.
There were a multitude of discarded and forgotten items laying around the city 75 years ago.
And those were the targets of the city's very public cleanup campaign – promotion of it came on the top of the front page of The Canton Repository – in the spring of 1947.
"Are you willing to spend just a little time to help make your home safe from fire – to help rid your neighborhood of germ-breeding conditions – to make Canton a better place to live," began the promotional article, which was equal parts encouraging and shaming.
"Or, don't you care if rubbish or trash accumulates in your home or garage and is a fire hazard? Or if the back end of your yard is littered with trash and junk? Or if rats and other vermin are running rampant where they are likely to spread disease among your children or those of your friends?"
The article, published in the Repository on April 20, 1947, speculated that "most of us" do care about living in uncluttered surroundings, so the newspaper suggested that readers "take a few minutes to clean up" their properties prior to the the collection of trash by city trucks that would began making rounds the next day.
"It can't take you more than a few hours to do it," the article estimated, "and they will be (hours) well spent."
City divided into sections
Collections would begin on the Monday of that week seven and a half decades ago, starting in the southwest section of the city. Trucks would make their way to the northwest, northeast, and southeast sections in subsequent days.
The Repository reported that two city officials – Service Director A.W. Fabry and Dr. W.A. Scott, acting city health commissioner – planned the cleanup campaign. Special targets for cleaning were visible trash-filled yards and vacant lots. But, cluttered interiors of homes were not to be ignored, the newspaper noted, because unsafe conditions could occur on both sides of walls.
Fabry, as governing officer of the department that hauled the trash, told Canton residents through the Repository that city trucks would take away their piled up trash for free.
Dr. Scott, whose authority included lawfully enforcing the city's health and safety ordinances, issued a warning. He would have residents arrested if they didn't clean up their trash so it could be collected.
Cited reasons for cleanup
This was a spring cleanup promoted each year in the city, but the message conveyed carried special significance in 1947.
The Repository reported that this was the first time that the health department had "promised to prosecute owners of properties on which unhealthful conditions exist."
But, it wasn't the first time complaints had been filed about such unsafe environments. There had been many reports in the past, complaints that "can't be ignored any longer."
"If you know Dr. Scott, you know he isn't fooling," the newspaper said in its article.
The good doctor didn't joke about city safety.
"He doesn't have to. He has a job to do and he is going to do it," said the Repository. "Just a little help from you, and a little work, will avoid you trouble and embarrassment."
Cleaning up was simple task
The Repository said the cleanup job "isn't tough."
"It takes only a little elbow grease on your part to collect the junk, trash and rubbish which today clutter up the city," the newspaper said. "Get a container of any kind. Fill it and set it at the curbline where city trucks can collect it. They'll do the rest. And it won't cost you a cent."
Some of the labor could be shared, the article noted.
"If there is a vacant lot between you and your next door neighbor which is littered with trash, why not 'incorporate' with that neighbor and help each other clean it up? You, or your children, probably put it there in the first place or contributed to it at least."
Helped to make a plan
The newspaper laid out a mini-plan for the cleanup, suggesting a few "pointers" for picking up what shouldn't be stored up or laying around.
People could "check the attic, closets and basesment for old clothing, broken furniture, paper and trash."
Homeowners could "bundle all papers and magazines with a strong cord."
City residents could "put miscellaneous trash in cardboard or wooden boxes which you also wish to discard." No containers used in the free pickup would be dumped out and left for re-use. Nothing was to be returned; it all was gotten rid of by the city.
Those cleaning up their surroundings could "put clothing in a rag bag or tie it together tightly," said the article. They could survey their yards and elsewhere in their neighborhoods to look for trash left outside. And, they should set aside glass items in separate containers so none of it broke and injured city workers who collected it.
They should place the trash at the curb, unless it was raining – "wet cardboard boxes do not hold together" – and do it promptly. Pickups would begin as early as 8 a.m.
"Don't expect the trucks trucks make special return trips to your home and neighborhood or the department crews to carry trash out of your house," the article said.
Cleanup seemed to work
The next day the cleanup began with auspicious results.
"A whopping 108 loads of rubbish were collected Monday by 16 city street department trucks during the first day of the annual spring cleanup collection campaign in the southwest section," the Repository reported. And still, the trucks "were unable to cover every street in the southwest area because of the heavy collection.
That southwest section work was completed by 19 trucks on Tuesday, before the trucks moved on to northwest section neighborhoods.
A "near-record" of 126 truckloads of trash were collected that second day, the Repository reported.
"That's all right with us," Service Director Fabry told media members as he viewed trash piled high along Canton's curbs. "We want to get the city cleaned up. We want fire hazards removed and we want vacant lots cleared of rubbish."
Trash pickup stayed strong the next two days, fueled by the added evidence that the campaign would continue long after "Cleanup Week."
"Appointment of three new employees, two of whom will be available to aid in the enforcement of the campaign to clean up rubbish from local backyards and vacant lots, was announced today by the Canton board of health," reported the Repository on its front page Friday April 25, 1947.
Rain halted collections on that Friday, the newspaper noted, but a record 493 loads of trash had been collected during the first four scheduled days of the campaign.Trash was to be collected from the final northeast and southeast section neighborhoods the next day.
The cleanup would continue, however, vowed both Fabry and Dr. Scott. The campaign had emboldened many Canton residents to complain about ongoing littered conditions still existing in their neighborhoods.
"It will take us a week or two to track down all the complaints received," Dr. Scott told the Repository, "but we will take care of them as fast as we can and as soon as our new employees report for duty."
Reach Gary at gary.brown.rep@gmail.com. On Twitter: @gbrownREP. | https://www.cantonrep.com/story/news/2022/04/18/monday-after-cleaning-up-city/7331152001/ | 2022-04-18T13:59:59Z |
Silver says NBA plans to keep next All-Star Game in Utah
By BRIAN MAHONEY
AP Basketball Writer
NEW YORK (AP) — The NBA plans to keep its next All-Star Game in Salt Lake City, despite its opposition to Utah’s ban on transgender youth athletes playing on girls teams. The Utah Jazz are set to host the event next February but there was speculation the league could take it away because of what the team called “discriminatory legislation.” But Commissioner Adam Silver said Wednesday the event will stay put as planned. The NBA pulled the 2017 All-Star Game out of Charlotte because of its opposition to a North Carolina law known as HB2 that limited anti-discrimination protections for lesbian, gay and transgender people. | https://localnews8.com/news/ap-utah/2022/04/06/silver-says-nba-plans-to-keep-next-all-star-game-in-utah-2/ | 2022-04-07T00:15:37Z |
NORTHBROOK, Ill., Aug. 10, 2022 /PRNewswire/ -- Hilco Enterprise Valuation Services (HEVS) is excited to announce the addition of Eric Jenkins to the Enterprise Valuation Services team. Mr. Jenkins will serve as Managing Director with a focus on leading and growing our Disputes Consulting practice.
Mr. Jenkins brings more than 30 years of financial services and consulting experience to Hilco and will leverage his considerable network of law firms and financial institutions to help broaden Hilco's presence in disputes consulting for complex commercial disputes, valuation-related disputes, M&A transactional disputes as well as other litigation support matters.
"We're thrilled to have Eric join our disputes consulting team," said Geoffrey Frankel, CEO and Senior Managing Director of Hilco Corporate Finance. "With his experience in fiduciary, advisory services and expert testimony in capital markets, valuation, corporate finance and bankruptcy disputes, Eric will drive the growth of our expanding practice."
Before joining Hilco, Mr. Jenkins was a Managing Director in the disputes consulting practices of Huron Consulting and Kroll (formerly Duff & Phelps). Earlier in his career, Eric was an investment banker with Banc of America Securities, LLC and Deloitte and a corporate banker at NationsBank and Continental Bank. Throughout his career, Eric has served as an advisor in strategic transactions and capital raises representing billions of dollars in value and has also represented both debtors and creditors in restructuring and bankruptcy litigation.
Mr. Jenkins received a bachelor's degree in finance and accounting from Miami University as well as a Master of Business Administration degree in finance and accounting, with highest honors, from the Gies College of Business at the University of Illinois Urbana-Champaign. He is a Certified Insolvency and Restructuring Advisor (CIRA) and a member of the Turnaround Management Association (TMA), the Association of Insolvency and Restructuring Advisors (AIRA), the Commercial Finance Association (CFA), the Association of Certified Fraud Examiners (ACFE), and the American Bankruptcy Institute (ABI).
About Hilco Enterprises Services:
Hilco Enterprise Valuation Services (HEVS) provides a range of enterprise valuations services to businesses and their stakeholders. Our professionals advise companies, lenders, investors, counsel and other professional advisors, and fiduciaries on the realizable value of enterprises, financial instruments, and cash-generating assets in a broad range of matters, including M&A transactions, debt and equity financings, transaction opinions, intellectual property valuations, ESOPs, financial reporting and compliance, special situations, and tax matters. In addition to its core valuation services, HEVS provides disputes and litigation consulting services, including expert witness testimony, on valuation-related issues in commercial and bankruptcy litigation. HEVS is the business valuation affiliate of Northbrook, IL-based Hilco Global.
Hilco Global (www.hilcoglobal.com) operates as a holding company comprised of over twenty specialized business and has nearly four decades of successfully acting as an advisor, agent, investor and/or principal in transactions.
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SOURCE Hilco Global | https://www.mysuncoast.com/prnewswire/2022/08/10/hilco-enterprise-valuation-services-announces-addition-eric-jenkins-managing-director-head-disputes-consulting-practice/ | 2022-08-10T21:38:43Z |
Employee sustainability initiatives generate nearly $9 million in company savings
CHICAGO, June 3, 2022 /PRNewswire/ -- In celebration of World Environment Day on June 5, Conagra Brands (NYSE: CAG) announced today the winners of its annual Sustainable Development Awards, an employee-led program that encourages the development and implementation of innovative ideas related to sustainable production and business practices. This year, employees from across the organization submitted a record 211 sustainability-focused projects that conserve water, reduce waste and save energy, underscoring Conagra's commitment to nourishing and restoring the planet. Winning teams were presented with awards this week at a ceremony in Chicago and Omaha. In partnership with the Carbonfund.org Foundation, Conagra will estimate the carbon emissions associated with attendees' travel to the awards ceremony and neutralize those emissions through the purchase of carbon offsets.
Now in its 13th consecutive year, the 2022 Sustainable Development Awards projects generated the following results on an annual basis:
- Decreased the company's carbon footprint by 7,600 metric tons, equivalent to avoiding the greenhouse gas emissions of driving a vehicle nearly 19 million miles1
- Conserved 95 million gallons of water, equivalent to eliminating the filling of 143 Olympic-size swimming pools2
- Reduced waste by 11,400 tons, equivalent to saving the weight of 91 Statues of Liberty3
Sustainability initiatives are submitted by cross-functional employee project teams across seven categories: Sustainable Brands, Waste Reduction & Recycling, Water Conservation, Climate Change & Energy Efficiency, Sustainable Operations, and an overall Award of Excellence and People's Choice Award. All submissions are judged by a panel of company sustainability leaders and winners are selected by employee peers.
"Through our annual Sustainable Development Awards, our employees continue to find innovative ways to develop more environmentally-friendly operations and brands," said Sean Connolly, president and chief executive officer, Conagra Brands. "Our focused work to reduce our water use, waste and greenhouse gas emissions demonstrates our commitment to building a more sustainable future. Congratulations to all of those who submitted projects this year and met environmental challenges head on."
Award-winning employee teams help direct a total of $30,000 in grants from Conagra Brands to local sustainability-focused public service projects.
Conagra Brands' 2022 Sustainable Development Award winners are:
Sustainable Brands: Duncan Hines: Chicago and Centralia, Ill.
By reducing the amount of palm oil in Duncan Hines' milk and dark chocolate flavors, the team was able to avoid the use of more than 797,000 lbs. of sustainably sourced palm oil, resulting in a CO2 benefit equivalent to planting nearly 4,500 trees4.
Waste Reduction & Recycling: Imlay City, Mich.
At Conagra's Vlasic pickle facility in Imlay City, the team eliminated 93 tons of waste by installing four level sensors to monitor the produce level on conveyors, automating the process by adjusting its speed to reduce excess waste.
Water Conservation: Irapuato, Mexico
Conagra's Irapuato team saved nine million gallons of water through measures such as implementing a water leak detection program, which allowed the team to identify and proactively address leaks.
Climate Change & Energy Efficiency: Marshall, Mo.
Freezer blast cells at Conagra's Marshall facility had improper air flow and inefficiency of blast cell function. By adding baffles to the back of each rack column in the blast cells to force air flow through product pallets, it reduced freeze time, increased plant capacity and lowered electricity consumption by 5%.
Sustainable Operations: Troy, Ohio
The Troy facility created a cross-functional team to work on a blend pairing strategy and a tool to document every step of the Slim Jim production process, determining moisture was the key variable to a more even cook. The project eliminated 5.6 tons of waste and generated in $1 million in cost savings.
People's Choice Award: Irapuato, Mexico
At Conagra's Irapuato facility, the team installed 280 solar panels in their finished good distribution center and 236 solar panels in their facility. The new solar panels generated 47% of total distribution center electricity consumption and 2.6% of total electricity consumption at the facility. In addition, this project eliminated 278 metric tons of Scope 2 greenhouse gas emissions.
Award of Excellence: Fayetteville, Ark.
The team in Fayetteville identified efficiencies when operating broilers within the facility. Instead of operating the boiler house with all three boilers at the same setpoints, the facility utilizes setpoints to have one boiler running near 100% capacity before ramping up the second boiler, all while having the third boiler turned off. The project saved 27,000 decatherms of natural gas.
Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, and Slim Jim®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion. For more information, visit www.ConagraBrands.com.
For more information, please contact:
MEDIA:
Tim Wrona
312-549-5400
tim.wrona@conagra.com
1 According to the U.S. EPA Greenhouse Gas Equivalency Calculator, 2,700 metric tons of CO2 is equivalent to greenhouse gas emissions from 6,785,634 miles driven in an average passenger vehicle.
2 According to FINA (International Swimming Federation) facilities rules.
3 According to The Statue of Liberty-Ellis Island Foundation (SOLEIF) statue facts.
4 According to the U.S. EPA Greenhouse Gas Equivalency Calculator, 274,175 kg of CO2 is equivalent to greenhouse gas emissions from 4,534 tree seedlings grown for 10 years.
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SOURCE Conagra Brands, Inc. | https://www.wibw.com/prnewswire/2022/06/03/conagra-brands-celebrates-employee-led-sustainable-development-awards-program/ | 2022-06-03T12:20:06Z |
Servier's presence in the Seaport has already created nearly 400 jobs and the team has provided life-changing medicines to more than 15 thousand patients living with difficult-to-treat cancers
Campus expansion follows significant growth in oncology in less than four years, including three FDA approvals
BOSTON, July 20, 2022 /PRNewswire/ -- Servier, a leader in oncology committed to bringing the promise of tomorrow to the patients it serves, will inaugurate its new Global research and development (R&D) Center in Boston, Massachusetts, further strengthening and expanding its oncology presence in the United States. Located in the heart of the Seaport Innovation District, the new lab and office expansion will serve as the company's U.S. headquarters, contributing approximately $70 million to the economy over the next few years.
The facilities will officially be opened on Thursday, July 21 at a ribbon cutting ceremony with more than 200 guests, including state and local officials and current and potential academic and industry partners.
"Servier has grown exponentially over the past four years and we are proud to further expand our U.S. presence in Boston's world-class life sciences and research community," said David K. Lee, Chief Executive Officer, Servier Pharmaceuticals. "We remain committed to improving the lives of patients as we expand our leadership in oncology and look forward to ushering in this next chapter of innovation for the patients we serve."
Driven by discovery, Servier has made oncology a priority globally and allocates more than 50% of its R&D budget to cancer research. With a focus in cancer metabolism, immune-oncology and cancer cell targeting, the company continues to build out its robust portfolio of oncology treatments. In the next five years, Servier anticipates seven additions to our portfolio and five FDA approvals.
Under the leadership of Dale Porter, Ph.D., Vice President, Head of Servier's Oncology & Immuno-Oncology Research, the brand new 20,683-square-foot lab already houses more than six projects in drug discovery, reinforcing Servier's commitment to finding solutions that address patient needs across the entire spectrum of disease and multiple tumor types. This includes projects from early discovery research and target identification, all the way through scientifically supporting marketed products.
"The new lab is a critical component of Servier's worldwide R&D network, enabling us to further accelerate the important work we do to discover transformative new medicines," said Claude P. Bertrand, Executive Vice President of Research and Development, Servier Group. "With highly-specialized competencies and a focused approach to drug discovery and development, Servier is redefining how cancer is treated by finding new, innovative ways to target difficult-to-treat cancers with a significant unmet need."
Servier Pharmaceuticals LLC is a commercial-stage company with a passion for innovation and improving the lives of patients, their families and caregivers. As a privately held company, Servier has the unique freedom to devote all of its time and energy towards patients who require our treatments, care and innovation in areas of unmet medical need.
As a leader in oncology, Servier is committed to finding solutions that will address today's challenges. The company's oncology portfolio includes innovative medicines designed to bring more life-saving treatments to a greater number of patients, across the entire spectrum of disease and in a variety of tumor types. Servier has significantly accelerated its investment in hard-to-treat cancers with more than 50% of its research and development dedicated to delivering significant advances in areas of high unmet need that may truly move the needle for our patients.
Servier believes co-creation is fundamental to driving innovation and is actively building alliances, acquisitions, licensing deals and partnerships that bring solutions and accelerate access to therapies. With the company's commercial expertise, global reach, scientific expertise and commitment to clinical excellence, Servier Pharmaceuticals is dedicated to bringing the promise of tomorrow to the patients that we serve.
More information: www.servier.us
Follow us on social media: LinkedIn, Twitter
Servier is a global pharmaceutical group governed by a Foundation. With a strong international presence in 150 countries and a total revenue of 4.7 billion euros in 2021, Servier employs 21,800 people worldwide. Servier is an independent group that invests over 20% of its brand-name revenue in Research and Development every year. To accelerate therapeutic innovation for the benefit of patients, the Group is committed to open and collaborative innovation with academic partners, pharmaceutical groups, and biotech companies. It also integrates the patient's voice at the heart of its activities.
A leader in cardiology, the ambition of the Servier Group is to become a renowned and innovative player in oncology. Its growth is based on a sustained commitment to cardiovascular and metabolic diseases, oncology, neuroscience and immuno-inflammatory diseases. To promote access to healthcare for all, the Servier Group also offers a range of quality generic drugs covering most pathologies.
More information: www.servier.com Follow us on social media: LinkedIn, Facebook, Twitter
Press Contacts
Servier Pharmaceuticals (U.S.)
Julia Ferreira
Julia.Ferreira@servier.com
Servier Group (France and worldwide)
Sonia Marques
presse@servier.com
+33 (0)1 55 72 40 21 / + 33 (0)7 84 28 76 13
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SOURCE Servier Pharmaceuticals | https://www.mysuncoast.com/prnewswire/2022/07/20/servier-affirms-commitment-cancer-by-announcing-opening-global-rampd-center-expanded-offices-bostons-seaport/ | 2022-07-20T12:22:54Z |
The summer movie season is off to a blockbuster start thanks to “ Doctor Strange and the Multiverse of Madness.” The superhero extravaganza grossed an estimated $185 million in ticket sales in its first weekend in U.S. and Canadian theaters, the Walt Disney Co. said Sunday.
Not only did it more than double the opening of the first “Doctor Strange,” which opened to $85 million in 2016, it’s also the biggest opener of the year, ahead of “The Batman’s” $134 million; the second biggest of the pandemic, behind “Spider-Man: Far From Home’s” $260.1 million; and the sixth biggest of all time globally.
Internationally, it’s doing even better with an estimated $265 million since opening Wednesday. In total, “Doctor Strange 2” has already made $450 million.
Spider-Man is at least partially to thank for the massive debut. Benedict Cumberbatch’s powerful sorcerer appeared prominently in “ Spider-Man: No Way Home,” which has become the third biggest movie of all time since opening in December. “Doctor Strange 2” picks up several months after the events of “No Way Home,” and brings in Elizabeth Olsen’s Wanda Maximoff, who became even more popular thanks to the recent Disney+ series “WandaVision.”
The film also has a gigantic footprint. It’s playing in 4,534 theaters in the U.S. and Canada alone, which according to Disney is the seventh widest opening ever. Premium format screens, including IMAX and 3D, accounted for 36% of the overall box office.
“Summer blockbuster season is off to a roaring start with ‘Doctor Strange’ — an excellent sign for the phenomenal slate ahead,” Rich Gelfond, the CEO of IMAX, said in a statement.
Hollywood’s summer movie season typically kicks off in early May and runs through the end of August and — aside from the last two years — regularly accounts for over $4 billion in ticket sales (or about 40% of the year’s grosses).
Sam Raimi stepped up to direct “Doctor Strange in the Multiverse of Madness,” which reportedly cost around $200 million to make — though that number doesn’t account for the many more millions spent on marketing and promotion.
Over the weekend, the film has trended on social media for everything from its many cameos to a spirited debate over its PG-13 rating and whether or not the horror elements warranted something more restrictive.
“This is a total win for the industry for whom the last two summers almost didn’t exist in terms of box office,” said Paul Dergarabedian, the senior media analyst for Comscore. “Marvel has been kicking off summers for over a decade. This is a return to normalcy.”
There was little left for other movies playing in theaters. Part of that is due to the fact that many multiplexes chose to pack their theaters with wall-to-wall “Doctor Strange” screenings. Film Critic Matt Singer tweeted a photo a Manhattan AMC offering 70 screenings on Thursday alone.
Universal and DreamWorks Animation’s “The Bad Guys” fell to second place in its third weekend with an estimated $9.8 million, while “Sonic the Hedgehog 2,” from Paramount, landed in third with $6.2 million.
“Fantastic Beasts: The Secrets of Dumbledore” took fourth with $3.9 million, bringing its domestic total to $86 million. And in fifth place was another multiverse-themed film, “Everything Everywhere All At Once.” It had a slight dip in its seventh weekend, but is still speeding along with an additional $3.3 million from 1,542 screens in its seventh weekend in theaters. The A24 film has grossed $41.6 million total.
The success of “Doctor Strange 2” only helps build momentum for the big summer movies on the way, like “Top Gun: Maverick” on May 27.
“We’ve got a real summer movie season on our hands, something we couldn’t have imagined two years ago,” Dergarabedian said. “It’s been a long time coming.”
Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore. Final domestic figures will be released Monday.
1. “Doctor Strange in the Multiverse of Madness,” $185 million.
2. “The Bad Guys,” $9.8 million.
3. Sonic the Hedgehog 2,” $6.2 million.
4. “Fantastic Beasts: The Secrets of Dumbledore,” $3.9 million.
5. “Everything Everywhere All At Once,” $3.3 million.
6. “The Northman,”$2.8 million.
7. “The Lost City,” $2.5 million.
8. “The Unbearable Weight of Massive Talent,” $1.5 million.
9. “Memory,” $1.2 million.
10. “Father Stu,” $800,000.
___
Follow AP Film Writer Lindsey Bahr on Twitter: www.twitter.com/ldbahr | https://cw33.com/entertainment-news/ap-entertainment/doctor-strange-2-conjures-up-biggest-opening-of-2022/ | 2022-05-09T07:16:32Z |
Ohio police department says officers, employees no longer need to cover up their tattoos
Published: Aug. 11, 2022 at 10:06 PM CDT|Updated: 16 minutes ago
MIDDLETOWN, Ohio (Gray News) - A police department in Ohio is changing its policy regarding its employees and their tattoos.
The Middletown Division of Police said it is updating its policy and no longer requiring its officers and other employees to cover up their tattoos.
This week, the department shared the policy update on its social media, saying they are trying new things and hoping to attract new employees.
They also encourage the public to say hello to officers and its employees in the community as the department says tattoos are a great conversation starter.
More information about the Middletown Division of Police can be found here.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/12/ohio-police-department-says-officers-employees-no-longer-need-cover-up-their-tattoos/ | 2022-08-12T03:25:03Z |
Once a model of coaching stability in Alex Ferguson’s long trophy-filled tenure, Manchester United hired a fifth full-time manager in nine years since his retirement by bringing in Erik ten Hag from Ajax.
Ten Hag’s arrival was announced by United on Thursday, with the 52-year-old Dutchman joining at the end of the season to 2025. He is tasked with awakening a fallen superpower in European soccer that is enduring its longest trophy drought in nearly 40 years.
“I am hugely excited by the challenge ahead,” ten Hag said. “I know the history of this great club and the passion of the fans, and I am absolutely determined to develop a team capable of delivering the success they deserve.”
Adopting the attacking philosophy of the great Johan Cruyff, ten Hag succeeded in bringing the good times back to Ajax, leading the biggest team in the Netherlands to two Eredivisie titles — it could be three in a few weeks — as well as the Champions League semifinals in entertaining style in 2019.
Returning United to its former heights is set to be an even bigger job, given the team won the last of its record 20 English titles in 2013 — Ferguson’s final season of his 26-year reign — and hasn’t won a trophy since beating Ajax in the Europa League final in 2017. United hasn’t endured such a trophy drought since the early 1980s and has slipped way behind rivals Manchester City and Liverpool despite continuing to spend heavily on players.
Nowhere was this decline more evident than this week, when United was thrashed 4-0 by Liverpool to go along with its rival’s 5-0 win at Old Trafford in October.
The three-time European champion might not even return to the Champions League next season. United is three points out of the Premier League top four with five games remaining and is already assured of ending a season without a trophy for the fifth straight year.
“In our conversations with Erik leading up to this appointment, we were deeply impressed with his long-term vision for returning Manchester United to the level we want to be competing at, and his drive and determination to achieve that,” said John Murtough, United’s football director.
United has been led by interim managers Michael Carrick and currently Ralf Rangnick since Ole Gunnar Solskjaer was fired in November. The club has been speaking to candidates over recent weeks — Paris Saint-Germain coach Mauricio Pochettino was reportedly also on the shortlist — but it settled on ten Hag, who might be the biggest managerial gamble in United’s turbulent post-Ferguson era.
Aside from a two-year spell with Bayern Munich’s reserve team (in 2013-15, when Pep Guardiola was in charge of the first team), ten Hag has coached only in the Netherlands — with Go Ahead Eagles, Utrecht and most recently Ajax since 2017.
As such, he is untested in the Premier League and in handling the egos of some of the biggest players in world soccer — and United has some of them in Cristiano Ronaldo, Paul Pogba and Bruno Fernandes.
Pogba is, however, out of contract at the end of the season and is set to leave as part of what could be a major shake-up of a playing squad that needs rebuilding and strengthening in key areas like central midfield and up front.
An advocate of the 4-3-3 formation that is so popular in the Netherlands, ten Hag tries to play attractive, attacking football in the manner of the teams coached by Cruyff, whose shadow and philosophy hangs over the club like Ferguson’s does at Old Trafford.
Since Ferguson’s departure, United has gone with the man he hand-picked as a successor, David Moyes, and then managers with bigger profiles in Louis van Gaal and Jose Mourinho. None of them worked out and nor did Solskjaer, although he at least got United to a second-place finish last season.
Ten Hag joins with United now at perhaps its lowest ebb since Ferguson’s retirement and his first big decision might be what to do with Ronaldo, a striker who keeps scoring goals — with 15, he is third on Premier League scoring list — but whose work rate and mobility is not at the level of forwards at other big clubs.
Can he get the best out of United’s younger forwards, such as Marcus Rashford and Jadon Sancho, and bring through youth players like he has at Ajax?
“Erik has proved himself to be one of the most exciting and successful coaches in Europe,” Murtough said, “renowned for his team’s attractive, attacking football and commitment to youth.”
Before all that, ten Hag will look to sign off at Ajax with another Dutch league title. With five games remaining, Ajax leads second-place PSV Eindhoven by four points.
“I’m happy that it has been finalized and that it has been officially announced,” he said. “That clarity is important. But I only have one interest now and that’s these last five games. I want to finish my time here on a positive note, by winning the league.”
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More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports
___
Steve Douglas is at https://twitter.com/sdouglas80 | https://cw33.com/sports/ap-sports/man-united-hire-erik-ten-hag-as-5th-manager-in-9-years/ | 2022-04-21T21:57:40Z |
PHILADELPHIA (AP) — Manager Bob Melvin plans to return to the dugout Friday night when the San Diego Padres open a three-game series at San Francisco, the team said Thursday.
Melvin has been away since having prostate surgery on May 11. The Padres said no cancer was found. Melvin will travel to San Francisco on Friday morning and rejoin the Padres for the final three games of a nine-game, three-city trip. That matches the timetable Melvin hoped for when he announced on May 10 that he was having surgery.
Bench coach Ryan Christenson managed the team in Melvin’s absence. The Padres went 4-2 on a swing through Atlanta and Philadelphia. Christenson also managed three games on their last homestand, going 2-1.
Melvin was hired away from Oakland on Nov. 1. Christenson was his bench coach there the last four seasons.
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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/padres-manager-bob-melvin-expected-back-in-dugout-friday/ | 2022-05-20T02:38:44Z |
LONDON, ON, Aug. 17, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will release its third quarter 2022 financial results and host an earnings conference call on Wednesday, August 31, 2022.
Financial results are expected to be released at approximately 7:00 a.m. (EDT). The conference call is scheduled for 9:00 a.m. (EDT) and is expected to last approximately 60 minutes. The call and webcast will feature a presentation by David Taylor, President & CEO, and other VersaBank executives, on the Bank's third quarter financial results, followed by a question and answer period.
The presentation material referenced during the call will be available on the Bank's website (www.versabank.com), SEDAR (www.sedar.com) and EDGAR (https://www.sec.gov/edgar). The audio conference line will be available at: 416-764-8659 or 1-888-664-6392 (toll free).
Webcast Access: For those preferring to listen to the conference call via the Internet, a webcast of Mr. Taylor's presentation will be available at: https://app.webinar.net/aZgOrVWj5yv or on the Bank's web site.
The archived webcast presentation will be available for 90 days following the live event at https://app.webinar.net/aZgOrVWj5yv and on the Bank's web site. Replay of the teleconference will be available until September 30, 2022 by calling 416-764-8677 or 1-888-390-0541 (toll free), passcode: 092643#
VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world's first fully digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established wholly owned, Washington, DC-based subsidiary, DRT Cyber Inc. to pursue significant large-market opportunities in cyber security and develop innovative solutions to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities on a daily basis.
VersaBank's Common Shares trade on the Toronto Stock Exchange ("TSX") and Nasdaq under the symbol VBNK. Its Series 1 Preferred Shares trade on the TSX under the symbol VBNK.PR.A.
Visit our website at: www.versabank.com
Follow VersaBank on Facebook, Instagram, LinkedIn and Twitter.
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SOURCE VersaBank | https://www.wibw.com/prnewswire/2022/08/17/versabank-announce-third-quarter-2022-financial-results-august-31-2022/ | 2022-08-17T12:12:20Z |
(NewsNation) — Robert Sarver, owner of the Phoenix Suns and Mercury basketball teams, has been suspended by the NBA for one year after an investigation found he had engaged in “workplace misconduct and organizational deficiencies.”
He is also fined $10 million, which is the maximum permitted by the NBA Consitution and by-laws, the league said in a statement.
This report comes almost a year after the NBA initially asked a law firm to investigate allegations that Sarver had a history of racist, misogynist and hostile incidents.
These allegations were first detailed in an ESPN story last year. Through his legal team, Sarver denied the allegations to ESPN.
The investigation, according to the NBA, found that Sarver:
- said the N-word at least five times while he was with the Suns/Mercury when “recounting the statements of others”
- engaged in instances of “inequitable conduct” toward female employees
- made sex-related comments in the workplace
- made inappropriate comments about female employees and other women’s appearances
- engaged in inappropriate physical conduct toward male employees
- engaged in demeaning and harsh treatment of employees, including yelling and cursing
“The statements and conduct described in the findings of the independent investigation are troubling and disappointing,” NBA Commissioner Adam Silver said in a statement. “We believe the outcome is the right one, taking into account all the facts, circumstances and context brought to light by the comprehensive investigation of this 18-year period and our commitment to upholding proper standards in NBA
workplaces.”
As a result of his suspension, the NBA said Sarver cannot be present at any NBA or WNBA team facility; attend or participate in any NBA or WNBA event of activity; represent the Suns or Mercury in any capacity, or have any involvement with the business or basketball operations of either team.
In addition, the NBA said Sarver has to complete a training program “focused on respect and appropriate conduct in the workplace.”
“On behalf of the entire NBA, I apologize to all of those impacted by the misconduct outlined in the investigators’ report,” Silver said. “We must do better.”
Sarver wasn’t the only one whose behavior was probed in the report. Also substantiated in the investigation were “instances of workplace misconduct engaged in” by Suns employees not directly related to Sarver. These included instances of racial insensitivity, mistreatment of female employees, inappropriate commentary related to sex or sexual orientation, and disrespectful communications, the NBA said.
The Suns’ Human Resources function, the report found, was “historically ineffective” and not a trusted resource for employees.
However, the report also notes that most of the Suns employees who engaged in these acts are no longer employed by the organization.
“In July 2021, the organization hired a new head of Human Resources who, along with other executives, has since implemented a series of positive workplace changes,” the NBA said in a statement. Among these changes are the creation of a confidential hotline, an investigation response team, and additional workplace training.
The Associated Press contributed to this report. | https://cw33.com/news/nexstar-media-wire/nba-wnba-owner-suspended-1-year-fined-10m-in-misconduct-probe/ | 2022-09-13T20:24:50Z |
STOCKHOLM, July 22, 2022 /PRNewswire/ --
Continued progress during Q2 2022
" The second quarter of 2022 provided the latest data point to confirm IRRAS' progress toward becoming a leader in neurocritical care. Q2 represented the 8th consecutive quarter of revenue growth for our company, and our revenue of MSEK 9.7 (5.1) represents 13% growth over Q1 2022 and 90% growth from the same period last year."
" Between normalized commercial activity, the initiation of the DIVES trial, and the stabilization of the company's financial future, critical progress has been made, and, now, our focus can shift to taking the important next steps in an aggressive, yet judicious, manner."
Will Martin, CEO of IRRAS
Second quarter, April – June 2022
- Net revenue amounted to SEK 9.7 million (5.1).
- Operating loss (EBIT) amounted to SEK -35.8 million (-26.7).
- Loss after tax amounted to SEK -36.9 million (-27.1).
- Earnings per share before and after dilution amounted to SEK -0.46 (-0.40).
Period, January – June 2022
- Net revenue amounted to SEK 18.4 million (9.1).
- Operating loss (EBIT) amounted to SEK -69.5 million (-66.0).
- Loss after tax amounted to SEK -70.3 million (-66.0).
- Earnings per share before and after dilution amounted to SEK -0.97 (-0.99).
Significant events during the quarter
Short-term financing agreement of MSEK 30 secured
- A short-term financing agreement with Bacara Holdings, IRRAS' largest shareholder, provided MSEK 30 to cover the working capital needs until completion of the long-term financing.
Significant events during the quarter
Business update and new financial targets
- IRRAS provided updated financial targets to provide long-term direction to investors prior to announcement of its financing plan.
IRRAS intends to carry out a rights issue of up to MSEK 215
- The rights issue is intended to provide sufficient capital for the company to successfully implement its growth strategy.
- The proposed rights issue is 77 percent through subscription and guarantee commitments, representing issue proceeds of at least MSEK 166.
First patients enrolled in new core clinical study, DIVES
- The DIVES (Deployment of Irrigating Intraventricular Catheter System) clinical study is being conducted at Mt. Sinai Health System in New York, and will assess the effectiveness of IRRAflow versus standard EVD treatment.
- The first IRRAflow patient was successfully treated in just 67 hours, a significant reduction compared with the hospital's historic data for ICU and hospital length of stay.
The report is available on the company's website: https://investors.irras.com/en/reports-presentations.
Q2 Report 2022 – conference call and audiocast
IRRAS will host a conference call and an online presentation of its Q2 2022 interim report on July 22 at 09.00 CET. The presentation will be held in English.
The dial-in numbers for the conference call are:
Sweden: +46 8 50 51 63 86
UK: +44 203 198 4884
US: +1 412 317 6300
Pin code: 8395073#
The presentation will be webcast and can be accessed from the following web address:
About IRRAS
IRRAS is a global medical care company focused on delivering innovative medical solutions to improve the lives of critically ill patients. IRRAS designs, develops, and commercializes neurocritical care products that transform patient outcomes and decrease the overall cost of care by addressing complications associated with current treatment methodologies. IRRAS markets and sells its comprehensive, innovative IRRAflow and Hummingbird ICP Monitoring product lines to hospitals worldwide through its direct sales organization in the United States and select European countries as well as an international network of distribution partners.
IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA. For more information, please visit www.irras.com.
IRRAS AB (publ) is listed on Nasdaq Stockholm (ticker: IRRAS).
For more information, please contact:
USA
Will Martin
President and CEO
ir@irras.com
Europe
Sten Gustafsson
Director, Investor Relations
sten.gustafsson@irras.com
+46 102 11 5172
This document is considered information that IRRAS is obliged to disclose pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was released for public disclosure, through the agency of the contact person above, on July 22, 2022 at 8:00 a.m. (CET).
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
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SOURCE IRRAS | https://www.mysuncoast.com/prnewswire/2022/07/22/irras-ab-publishes-interim-report-period-january-june-2022/ | 2022-07-22T06:50:42Z |
- Barracuda research finds organizations are struggling to protect operational technology and getting breached as a result
- 94% of organizations surveyed have experienced a security incident in the last year
- Manufacturing and healthcare are lagging behind when it comes to security project implementation
CAMPBELL, Calif., July 12, 2022 /PRNewswire/ -- Barracuda Networks Inc. (Barracuda), a trusted partner and leading provider of cloud-enabled security solutions, today released key findings from a report titled The State of Industrial Security in 2022. Commissioned by Barracuda, the research surveyed 800 senior IT managers, senior IT security managers, and project managers responsible for industrial internet of things (IIoT)/operational technology (OT) in their organization to get their perspectives on IIoT/OT security projects, implementation challenges, security incidents, technology investments, and a variety of issues related to cybersecurity risks.
Overall, the research shows that critical infrastructure is under attack, and despite agreement that IIoT and OT security is critical, businesses are facing some significant challenges as the geopolitical landscape becomes increasingly tense. Security breaches have shown to have impacts beyond monetary losses as well, resulting in significant downtime with long-lasting breach impact. The research found:
- Attacks are widespread: 94% of organizations surveyed acknowledged experiencing a security incident in the last 12 months.
- Geopolitical concerns: 89% of respondents are very or fairly concerned about the impact that the current threat landscape and geopolitical situation will have on their organizations.
- Breaches are impacting operations: 87% of organizations that experienced an incident were impacted for more than one day.
"In the current threat landscape, critical infrastructure is an attractive target for cybercriminals, but unfortunately IIoT/OT security projects often take a backseat to other security initiatives or fail due to cost or complexity, leaving organizations at risk," said Tim Jefferson, SVP, Engineering for Data, Networks and Application Security, Barracuda. "Issues such as the lack of network segmentation and the number of organizations that aren't requiring multifactor authentication leave networks open to attack and require immediate attention."
Organizations across the board have acknowledged the importance of investing even further in IIoT and OT security, with 96% of business leaders noting that their organization needs to increase their investment in industrial security. A full 72% of organizations signaled that they have either already implemented or are in the process of implementing IIoT/OT security projects, but many are facing significant challenges when it comes to implementation, including basic cyber hygiene.
- Manufacturing and healthcare lag behind: Critical infrastructure organizations are leading with implementation, and 50% in oil and gas having completed projects. Only 24% in manufacturing and just 17% in healthcare have completed projects.
- Businesses are experiencing failures: 93% have failed in their IIoT/OT security projects.
- Effective IIoT security implementations are making an impact: For organizations with completed IIoT and OT security projects, 75% have experienced no impact at all from a major incident.
- Multifactor authentication (MFA) use is low: Only 18% of companies surveyed restrict network access and enforce multifactor authentication when it comes to remote access to OT networks.
- Low MFA use is prevalent even in critical industries: Critical verticals like energy (47%) allow full remote access without MFA for external users.
- Skills have an impact: Less than half of organizations surveyed can handle applying security updates themselves (49%).
- Manual updates are cumbersome: Organizations are hit the worst when security updates are not automatic.
IIoT and OT security continue to be a major target for attackers, but there is hope for businesses that take a proactive approach. Businesses should implement tools to combat these challenges, including the use of secure endpoint connectivity devices and ruggedized network firewalls, all centrally deployed and managed via a secure cloud service that can enable effective network segmentation and advanced threat protection, provide multifactor authentication, and even implement Zero Trust Access.
"IIoT attacks go beyond the digital realm and can have real-world implications." said Klaus Gheri, VP Network Security, Barracuda. "As attacks continue to rise across industries, taking a proactive security approach when it comes to industrial security is critical for businesses to avoid being the next victim of an attack."
Download the full report: https://barracuda.com/iiot-2022-report
Read the blog post: http://cuda.co/51231
At Barracuda we strive to make the world a safer place. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. We protect email, networks, data, and applications with innovative solutions that grow and adapt with our customers' journey. More than 200,000 organizations worldwide trust Barracuda to protect them — in ways they may not even know they are at risk — so they can focus on taking their business to the next level. For more information, visit barracuda.com.
Barracuda Networks, Barracuda and the Barracuda Networks logo are registered trademarks or trademarks of Barracuda Networks, Inc. in the U.S. and other countries.
Contacts
Anne Campbell
Barracuda Networks, Inc.
978-328-1642
acampbell@barracuda.com
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SOURCE Barracuda Networks, Inc. | https://www.wibw.com/prnewswire/2022/07/12/new-research-reveals-93-organizations-surveyed-have-had-failed-iiotot-security-projects-highlights-top-challenges-implementation-industrial-security/ | 2022-07-12T13:41:10Z |
BERLIN (AP) — The German government unveiled a bill Wednesday to resolve a long-running dispute between federal authorities and the country’s 16 states over where to build land-based wind power plants.
Some German states have bristled at proposals that would require them to set aside at least 1.4% of their surface for wind parks by 2026 and 2% by 2032, arguing that some people in rural areas don’t want turbines close to their homes.
The compromise bill agreed to by the German Cabinet would give states some flexibility to build fewer wind power plants if they can persuade other states to agree to build more, including by paying them.
The bill also stipulates that the city-states of Berlin, Bremen and Hamburg would only have to set aside 0.5% of their surface for wind power. The legislation further states that profits from the parks will be shared with the regions where they are built and environmental protection rules that hamper turbine construction will be eased.
Climate and Energy Minister Robert Habeck said the proposals “will result in the expansion of wind power in Germany getting going again.”
Under Germany’s energy transition plan, the country’s remaining three nuclear plants are due to close this year and coal-fired power plants to be phased out by 2030.
Europe’s biggest economy aims to produce electricity only from renewable sources such as wind, solar, biomass and hydropower by 2035.
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Follow AP’s coverage of climate change at https://apnews.com/hub/climate | https://cw33.com/business/ap-business/german-govt-seeks-to-resolve-wind-power-dispute-with-states/ | 2022-06-15T15:53:08Z |
Ken Starr, whose probe led to Clinton impeachment, dies at age 76
WASHINGTON (AP) — Ken Starr, a former federal appellate judge and a prominent attorney whose criminal investigation of Bill Clinton led to the president’s impeachment, died Tuesday at age 76, his family said.
In a probe that lasted five years, Starr looked into fraudulent real estate deals involving a long-time Clinton associate, delved into the removal of documents from the office of deputy White House counsel Vincent Foster after his suicide and assembled evidence of Clinton’s sexual encounters with Monica Lewinsky, a former White House intern. In 2020, he was recruited to help represent President Donald Trump in the nation’s third impeachment trial.
For many years, Starr’s stellar reputation as a lawyer seemed to place him on a path to the Supreme Court. At age 37, he became the youngest person ever to serve on the U.S. Court of Appeals for the District of Columbia Circuit. From 1989-93, Starr was the solicitor general in the administration of President George H.W. Bush, arguing 25 cases before the Supreme Court.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/09/13/ken-starr-former-clinton-investigator-dies-age-76/ | 2022-09-13T21:22:59Z |
Real Salt Lake gets 2 second-half goals, beats Montreal 2-1
MONTREAL (AP) — Justen Glad and Sergio Córdova scored in a 12-minute span in the second half, leading Real Salt Lake to a 2-1 win over CF Montreal on Sunday.
Djordje Mihailovic scored for Montreal (6-5-2), which dropped points at home for the first time this season.
Montreal wasted no time seizing the advantage when Ahmed Hamdi found Mihailovic unmarked in the box, giving Montreal the lead 43 seconds in — the club’s third-fastest goal in MLS.
Montreal appeared to move to a two-goal lead 15 minutes later when Mihailovic found a streaking Romell Quioto, but the goal was ruled offside and disallowed.
Real Salt Lake tied the score nine minutes into the second half when Gleb scored his second of the season, heading a corner by Pablo Ruiz.
Just after the 60-minute mark, Córdova converted a powerful shot into the bottom right corner.
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More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://localnews8.com/news/ap-utah/2022/05/22/real-salt-lake-gets-2-second-half-goals-beats-montreal-2-1/ | 2022-05-23T03:24:27Z |
Biden to appear on ‘Jimmy Kimmel Live!’ during Western trip
WASHINGTON (AP) - Another sign America’s entertainment landscape is returning to normal: President Joe Biden will make his first in-person appearance on a late-night talk show since taking office.
Biden will be a guest Wednesday night on ABC’s “Jimmy Kimmel Live!” the White House said.
Kimmel tweeted Sunday: “Our very elected President @JoeBiden visits @JimmyKimmelLive Wednesday night. No malarkey.”
Biden travels Wednesday to Los Angeles to host the Ninth Summit of the Americas, and Kimmel’s show tapes in Hollywood.
In December 2021 Biden appeared virtually on NBC’s “The Tonight Show” with Jimmy Fallon, his first late-night appearance while in office.
Government leaders from across the hemisphere will gather to discuss economic prosperity, climate change, the migration crisis and the COVID-19 pandemic, the White House said. Biden will give the summit’s opening address on Thursday.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/06/biden-appear-jimmy-kimmel-live-during-western-trip/ | 2022-06-06T05:13:35Z |
PHOENIX, Aug. 4, 2022 /PRNewswire/ -- Grand Canyon Education, Inc. (NASDAQ: LOPE), ("GCE" or the "Company"), is a publicly traded education services company that currently provides services to 27 university partners. GCE provides a full array of support services in the post-secondary education sector and has developed significant technological solutions, infrastructure and operational processes to provide superior services in these areas on a large scale. GCE today announced financial results for the quarter ended June 30, 2022.
For the three months ended June 30, 2022:
- Service revenue was $199.8 million for the second quarter of 2022, a decrease of $1.7 million, or 0.9%, as compared to $201.5 million for the second quarter of 2021. The decrease year over year in service revenue was primarily due to a decrease in online enrollments at GCU of 7.5% (see - Impact of COVID-19 below) and to a lesser extent, students in a university partner's Occupational Therapy Assistants ("OTA") program of 34% (see - Impact of COVID-19 below) partially offset by increases in GCU traditional campus enrollments, university partners enrollments in the Accelerated Bachelor of Science in Nursing ("ABSN") programs and revenue per student year over year. The increase in revenue per student between years is primarily due to the service revenue impact of the increased room, board and other ancillary revenues at GCU in the second quarter in 2022 as compared to the prior year period (see - Impact of COVID-19 below) and the increase in students at off-campus classroom and laboratory sites. Service revenue per student for off-campus classroom and laboratory sites generates a significantly higher revenue per student than we earn under our agreement with GCU, as these agreements generally provide us with a higher revenue share percentage, the partners have higher tuition rates than GCU and the majority of their students are studying in the Accelerated Bachelor of Science in Nursing program and take more credits on average per semester.
- Partner enrollments totaled 96,029 at June 30, 2022 as compared to 101,808 at June 30, 2021. University partner enrollments at our off-campus classroom and laboratory sites were 4,120, a decrease of 2.1% over enrollments at June 30, 2021, which includes 324 GCU students at June 30, 2022. This growth rate has slowed over the past year primarily due to the 34.0% decline in OTA students. Year over year ABSN students grew 1.2% at June 30, 2022. In a joint decision between us and one of our university partners, two ABSN off-campus classroom and laboratory sites were closed at the beginning of this year to allow the university partner to focus its resources closer to its home location. Excluding the prior year enrollments from locations that have been closed in the past twelve months, ABSN students grew 6.6% year over year. We did open three new off-campus classroom and laboratory sites in the first half of 2022 increasing the total number of these sites to 32 at June 30, 2022 and anticipate opening four more this Fall and six to eight more in 2023 which should re-accelerate the ABSN student enrollment growth. Enrollments at GCU declined to 92,233 at June 30, 2022, a decrease of 5.7% over enrollments at June 30, 2021 primarily due to the decrease in GCU online enrollments between years. Enrollments for GCU ground students were 7,309 at June 30, 2022 up from 6,202 at June 30, 2021 primarily due to a 24.0% increase in traditional ground students taking summer school courses between years. GCU enrollment declines between March 31 and June 30 of each year as ground enrollment at GCU at June 30 of each year only includes traditional-aged students taking Summer school classes, which is a small percentage of GCU's traditional-aged student body. The Spring semester for GCU's traditional-aged student body ends near the end of April each year.
- Operating income for the three months ended June 30, 2022 was $33.8 million, a decrease of $16.4 million as compared to $50.2 million for the same period in 2021. The operating margin for the three months ended June 30, 2022 was 16.9%, compared to 24.9% for the same period in 2021.
- Interest income, net of interest expense decreased from $14.2 million in the second quarter of 2021 to $0.3 million in the second quarter of 2022 primarily due to the payoff of the Secured Note receivable and the cancellation and repayment of the credit facility, both of which occurred in the fourth quarter of 2021.
- Income tax expense for the three months ended June 30, 2022 was $8.6 million, a decrease of $6.4 million, as compared to income tax expense of $15.0 million for the three months ended June 30, 2021. This decrease was the result of a decrease in our taxable income partially offset by an increase in our effective tax rate between periods. Our effective tax rate was 25.2% during the second quarter of 2022 compared to 23.3% during the second quarter of 2021. In the second quarter of 2022, the effective tax rate was unfavorably impacted by an increase in the state income tax rate.
- Net income decreased 48.3% to $25.6 million for the second quarter of 2022, compared to $49.5 million for the same period in 2021. As adjusted net income was $27.1 million and $51.1 million for the second quarters of 2022 and 2021, respectively.
- Diluted net income per share was $0.80 and $1.09 for the second quarters of 2022 and 2021, respectively. As adjusted diluted net income per share was $0.85 and $1.12 for the second quarters of 2022 and 2021, respectively.
- Adjusted EBITDA decreased 25.4% to $45.6 million for the second quarter of 2022, compared to $61.1 million for the same period in 2021.
For the six months ended June 30, 2022:
- Service revenue for the six months ended June 30, 2022 was $443.9 million, an increase of $5.5 million, or 1.2%, as compared to service revenue of $438.4 million for the six months ended June 30, 2021. The increase year over year in service revenue was primarily due to increases in GCU traditional campus enrollments, university partners enrollments in ABSN programs and revenue per student year over year partially offset by a decrease in online enrollments at GCU of 7.5% (see - Impact of COVID-19 below) and to a lesser extent, students in a university partner's OTA program of 34% (see - Impact of COVID-19 below). The increase in revenue per student between years is primarily due to the service revenue impact of the increased room, board and other ancillary revenues at GCU in the first half of 2022 as compared to the prior year period (see - Impact of COVID-19 above) and the increase in students at off-campus classroom and laboratory sites. Service revenue per student for ABSN students at off-campus classroom and laboratory sites generates a significantly higher revenue per student than we earn under our agreement with GCU, as these agreements generally provide us with a higher revenue share percentage, the partners have higher tuition rates than GCU and the majority of their students take more credits on average per semester.
- Operating income for the six months ended June 30, 2022 was $111.3 million, a decrease of $23.2 million as compared to $134.5 million for the same period in 2021. The operating margin for the six months ended June 30, 2022 was 25.1%, compared to 30.7% for the same period in 2021.
- Interest income, net of interest expense decreased from $28.1 million for the six months ended June 30, 2021 to $0.5 million for the six months ended June 30, 2022 primarily due to the payoff of the Secured Note receivable and the cancellation and repayment of the credit facility, both of which occurred in the fourth quarter of 2021.
- Income tax expense for the six months ended June 30, 2022 was $28.2 million, a decrease of $6.8 million, or 19.4%, as compared to income tax expense of $35.0 million for the six months ended June 30, 2021. This decrease was the result of a decrease in our taxable income partially offset by an increase in our effective tax rate between periods. Our effective tax rate was 25.2% during the six months ended June 30, 2022 compared to 21.5% during the six months ended June 30, 2021. In the first half of 2021, the effective tax rate was significantly impacted by excess tax benefits of $4.4 million as a result of exercises of the remaining stock options held by employees prior to their expiration. Excess tax benefits totaled only $0.1 million in the first half of 2022. In the first half of 2022, the effective tax rate was also unfavorably impacted by an increase in the state income tax rate.
- Net income decreased 34.4% to $83.6 million for the six months ended June 30, 2022, compared to $127.6 million for the same period in 2021. As adjusted net income was $87.3 million and $130.9 million for the six months ended June 30, 2022 and 2021, respectively.
- Diluted net income per share was $2.51 and $2.78 for the six months ended June 30, 2022 and 2021, respectively. As adjusted diluted net income per share was $2.61 and $2.85 for the six months ended June 30, 2022 and 2021, respectively.
- Adjusted EBITDA decreased 13.2% to $136.0 million for the six months ended June 30, 2022, compared to $156.7 million for the same period in 2021.
Liquidity and Capital Resources
Our unrestricted cash and cash equivalents and investments were $203.3 million and $600.9 million as of June 30, 2022 and December 31, 2021, respectively. Our liquidity position, as measured by cash and cash equivalents and investments decreased by $397.7 million during fiscal 2022, which was largely attributable to the share repurchases during the first half of 2022 of $528.0 million, partially offset by cash provided by operating activities of $146.1 million.
Impact of COVID-19
Since March 2020, the world has been, and continues to be, impacted by the COVID-19 pandemic. This contagious outbreak, which has continued to spread, and the related adverse public health developments that have occurred at various times since March 2020, including orders to shelter-in-place, travel restrictions and mandated non-essential business closures, have adversely affected workforces, organizations, customers, economies and financial markets globally. It has also disrupted the normal operations of many businesses, including ours, and that of our university partners.
Pursuant to the Master Services Agreement, GCE provides education services to GCU in return for 60% of GCU's tuition and fee revenues, which includes fee revenues from room, board, and other ancillary businesses including a student-run golf course. GCU has four types of students: traditional ground university students, who attend class on its campus in Phoenix, Arizona and of which approximately 70% have historically lived on campus in university owned residence halls; professional studies students, who are working adult students who attend class one night a week on the Phoenix campus; online students who attend class fully online; and students who are studying in hybrid programs in which the ground component takes place at off-campus classroom and laboratory sites.
The COVID-19 outbreak, as well as measures taken to contain its spread, has impacted GCU's students and its business in a number of ways. A full description of those impacts is described in our 2021 Form 10-K. Below is an explanation of those impacts from the COVID-19 pandemic, that had an effect on GCU's tuition and non-tuition revenue during 2021 and the first six months of 2022 and, consequently, the service revenues we earned under the Master Services Agreement:
- Room, board and certain fee income was negatively impacted in the Spring semester of 2021 for GCU's traditional students as the first week of the Spring 2021 semester was completed in an online modality to provide greater flexibility for students returning to campus after the holidays. Face-to-face instruction for the semester commenced on January 11, 2021 and ended April 1, 2021 for approximately 80% of classes, followed by two weeks of online instruction. Approximately 3,500 traditional ground students elected to complete the Spring 2021 semester entirely in the online modality. GCU's ground traditional students residing on campus in GCU's residence halls returned to historical levels in the Spring semester of 2022 and the entire semester was conducted face-to-face. Thus, GCU experienced a significant year over year increase in these revenues in the first half of 2022 and thus the service revenues earned by GCE;
- During the second quarter of 2020, GCU's online enrollment growth accelerated significantly into the high single digits. The increased level of online enrollment at that time resulted from a combination of factors including an acceleration of new students starting programs, a higher-than-expected number of students returning to the university that had taken a break from their program ("re-enters") and a lower-than-expected number of students deciding to drop out of or take a break from their program. We believe these trends were primarily caused by the shutdowns precipitated by the COVID-19 outbreak as greater numbers of working adults decided to return to school to finish undergraduate degree programs that they had previously started or to start new graduate degree programs during this time. These trends generally continued through the first quarter of 2021. Beginning in the second quarter of 2021, online enrollment growth rates as compared to the prior year period began to slow as both new enrollments and re-enters were down year over year, the numbers of students dropping out of school or taking periodic breaks in their program returned to historical levels and students completing their programs increased significantly on a year over year basis. These trends continued through the rest of 2021 and thus the year over year online growth rate continued to decline. The decline in new enrollments as compared to the prior year beginning in the second quarter of 2021 was also the result of recruitment challenges caused by the reduced access to schools, hospitals, and businesses where our potential students work. We believe that as the year over year comparables return to historical levels and schools, hospitals and businesses fully reopen, our online enrollment growth rate will begin to re-accelerate; and
- Professional studies students have declined significantly since the onset of the COVID-19 outbreak. Professional studies students at that time were converted to the online learning environment; since then, most have completed their programs while no new cohorts have been started until very recently. Now that the university has approved the recruitment of new professional studies cohorts, we anticipate that the number of these students will begin to grow.
The changes described above at GCU have impacted or will impact GCE's service revenue under the Master Services Agreement. In addition, due to the limited operating expenses that we incur to deliver those services, there has been or will be a direct reduction in our operating profit and operating margin.
GCE also provides services to numerous university partners across the United States, including GCU, at off-campus classroom and laboratory sites. The majority of these university partners' students are studying in the ABSN program which is offered in a 12-16-month format in three or four academic semesters. Beginning with the Summer 2021 semester we experienced a decline in revenue per student from students in these programs caused primarily by some students delaying their scheduled clinical courses due to vaccine mandates at hospital partners and we started to see a reduction in our off-site classroom and laboratory student enrollment growth rate due primarily to delays in the opening of scheduled new sites and requests by some of our university or hospital partners or their state regulatory boards to reduce cohort sizes due to concerns over potential clinical faculty availability caused by nursing and other healthcare employee shortages. This is especially true with one of our university partner's OTA program in which enrollment declined 34.0% between June 30, 2021 and 2022 as the university partner stopped admitting new students for most of 2021 due to clinical placement backlog. None of our ABSN partners have stopped admitting new students but some locations that were scheduled to open in 2021 and 2022 have been pushed back and some existing partners have reduced incoming cohort sizes due to the concern that there are not enough nurses to serve as clinical faculty.
No other changes are currently anticipated with our other university partners that would have a material impact on GCE's service revenue, operating profit and operating margins. However, if one of our university partners were to close an off-campus classroom and laboratory site or take some other action that adversely impacted program enrollment, such an event would reduce the service revenues earned by GCE.
Beginning at the time of the COVID-19 outbreak a large percentage of our workforce began to work remotely and is expected to continue doing so for the foreseeable future. This degree of remote working could increase risks in the areas of internal control, cyber security and the use of remote technology, and thereby result in interruptions or disruptions in normal operational processes.
It is not possible for us to completely predict the duration or magnitude of the adverse results of the COVID-19 pandemic and its effects on our business, results of operations or financial condition at this time, but such effects may be material in future quarters.
Forward-Looking Statements
This news release contains "forward-looking statements" which include information relating to future events, future financial performance, strategies expectations, competitive environment, regulation, and availability of resources. These forward-looking statements include, without limitation, statements regarding: proposed new programs; whether regulatory, economic, or business developments or other matters may or may not have a material adverse effect on our financial position, results of operations, or liquidity; projections, predictions, expectations, estimates, and forecasts as to our business, financial and operating results, and future economic performance; and management's goals and objectives and other similar expressions concerning matters that are not historical facts. Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar expressions, the negative of these expressions, as well as statements in future tense, identify forward-looking statements.
Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time those statements are made or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause our actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements include, but are not limited to: the harm to our business, results of operations, and financial condition, and harm to our university partners resulting from epidemics, pandemics, including the continuing, and potential future, adverse effects of the COVID-19 pandemic, or public health crises: the occurrence of any event, change or other circumstance that could give rise to the termination of any of our key university partner agreements; our ability to properly manage risks and challenges associated with strategic initiatives, including potential acquisitions or divestitures of, or investments in, new businesses, acquisitions of new properties and new university partners, and expansion of services provided to our existing university partners; our failure to comply with the extensive regulatory framework applicable to us either directly as a third party education services provider or indirectly through our university partners, including Title IV of the Higher Education Act and the regulations thereunder, state laws and regulatory requirements, and accrediting commission requirements; competition from other education services companies in our geographic region and market sector, including competition for students, qualified executives and other personnel; the pace of growth of our university partners' enrollment and its effect on the pace of our own growth; our ability to, on behalf of our university partners, convert prospective students to enrolled students and to retain active students to graduation; our success in updating and expanding the content of existing programs and developing new programs in a cost-effective manner or on a timely basis for our university partners; the impact of any natural disasters or public health emergencies; and other factors discussed in reports on file with the Securities and Exchange Commission, including as set forth in Part I, Item 1A of our Annual Report on Form 10-K for period ended December 31, 2021, as updated in our subsequent reports filed with the Securities and Exchange Commission on Form 10Q or Form 8-K.
Forward-looking statements speak only as of the date the statements are made. You should not put undue reliance on any forward-looking statements. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Conference Call
Grand Canyon Education, Inc. will discuss its second quarter 2022 results and full year 2022 outlook during a conference call scheduled for today, August 4, 2022 at 4:30 p.m. Eastern time (ET).
Live Conference Dial-In:
Those interested in participating in the question-and-answer session should follow the conference dial-in instructions below. Participants may register for the call here to receive the dial-in numbers and unique PIN to access the call seamlessly. Please dial in at least ten minutes prior to the start of the call. Journalists are invited to listen only.
Webcast and Replay:
Investors, journalists and the general public may access a live webcast of this event at: Q2 2022 Grand Canyon Education Inc. Earnings Conference Call. A webcast replay will be available approximately two hours following the conclusion of the call at the same link.
About Grand Canyon Education, Inc.
Grand Canyon Education, Inc. ("GCE"), incorporated in 2008, is a publicly traded education services company that currently provides services to 27 university partners. GCE is uniquely positioned in the education services industry in that its leadership has over 30 years of proven expertise in providing a full array of support services in the post-secondary education sector and has developed significant technological solutions, infrastructure and operational processes to provide superior services in these areas on a large scale. GCE provides services that support students, faculty and staff of partner institutions such as marketing, strategic enrollment management, counseling services, financial services, technology, technical support, compliance, human resources, classroom operations, content development, faculty recruitment and training, among others. For more information about GCE visit the Company's website at www.gce.com.
Grand Canyon Education, Inc., 2600 W. Camelback Road, Phoenix, AZ 85017, www.gce.com.
GRAND CANYON EDUCATION, INC.
Adjusted EBITDA (Non-GAAP Financial Measure)
Adjusted EBITDA is defined as net income plus interest expense, less interest income and other gain (loss) recognized on investments, plus income tax expense, and plus depreciation and amortization (EBITDA), as adjusted for (i) contributions to private Arizona school tuition organizations in lieu of the payment of state income taxes; (ii) loss on transaction; (iii) share-based compensation, and (iv) unusual charges or gains, such as litigation and regulatory reserves, impairment charges and asset write-offs, and exit or lease termination costs. We present Adjusted EBITDA because we consider it to be an important supplemental measure of our operating performance. We also make certain compensation decisions based, in part, on our operating performance, as measured by Adjusted EBITDA. All of the adjustments made in our calculation of Adjusted EBITDA are adjustments to items that management does not consider to be reflective of our core operating performance. Management considers our core operating performance to be that which can be affected by our managers in any particular period through their management of the resources that affect our underlying revenue and profit generating operations during that period and does not consider the items for which we make adjustments (as listed above) to be reflective of our core performance.
We believe Adjusted EBITDA allows us to compare our current operating results with corresponding historical periods and with the operational performance of other companies in our industry because it does not give effect to potential differences caused by variations in capital structures (affecting relative interest expense, including the impact of write-offs of deferred financing costs when companies refinance their indebtedness), tax positions (such as the impact on periods or companies of changes in effective tax rates or net operating losses), the book amortization of intangibles (affecting relative amortization expense), and other items that we do not consider reflective of underlying operating performance. We also present Adjusted EBITDA because we believe it is frequently used by securities analysts, investors, and other interested parties as a measure of performance.
In evaluating Adjusted EBITDA, investors should be aware that in the future we may incur expenses similar to the adjustments described above. Our presentation of Adjusted EBITDA should not be construed as an inference that our future results will be unaffected by expenses that are unusual, non-routine, or non-recurring. Adjusted EBITDA has limitations as an analytical tool in that, among other things it does not reflect:
- cash expenditures for capital expenditures or contractual commitments;
- changes in, or cash requirements for, our working capital requirements;
- interest expense, or the cash required to replace assets that are being depreciated or amortized; and
- the impact on our reported results of earnings or charges resulting from the items for which we make adjustments to our EBITDA, as described above and set forth in the table below.
In addition, other companies, including other companies in our industry, may calculate these measures differently than we do, limiting the usefulness of Adjusted EBITDA as a comparative measure. Because of these limitations, Adjusted EBITDA should not be considered as a substitute for net income, operating income, or any other performance measure derived in accordance with and reported under GAAP, or as an alternative to cash flow from operating activities or as a measure of our liquidity. We compensate for these limitations by relying primarily on our GAAP results and only use Adjusted EBITDA as a supplemental performance measure.
The following table provides a reconciliation of net income to Adjusted EBITDA, which is a non-GAAP measure for the periods indicated:
Non-GAAP Net Income and Non-GAAP Diluted Income Per Share
The Company believes the presentation of non-GAAP net income and non-GAAP diluted income per share information that excludes amortization of intangible assets and loss on disposal of fixed assets allows investors to develop a more meaningful understanding of the Company's performance over time. Accordingly, for the three-months and six-months ended June 30, 2022 and 2021, the table below provides reconciliations of these non-GAAP items to GAAP net income and GAAP diluted income per share, respectively:
Investor Relations Contact:
Daniel E. Bachus
Chief Financial Officer
Grand Canyon Education, Inc.
602-639-6648
Dan.bachus@gce.com
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SOURCE Grand Canyon Education, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/grand-canyon-education-inc-reports-second-quarter-2022-results/ | 2022-08-04T21:11:11Z |
NEW YORK, April 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Homology Medicines, Inc. (NASDAQ: FIXX) between June 10, 2019 and February 18, 2022, inclusive (the "Class Period"), of the important May 24, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Homology 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 Homology class action, go to https://rosenlegal.com/submit-form/?case_id=4851 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 24, 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) Homology had overstated the efficacy and risk mitigation regarding HMI-102, which is in Phase I/II pheNIX clinical trial and a gene therapy for the treatment of phenylketonuria (PKU) in adults; (2) accordingly, it was unlikely that Homology would be able to commercialize HMI-102 in its present form; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Homology class action, go to https://rosenlegal.com/submit-form/?case_id=4851 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/04/09/nationally-ranked-rosen-law-firm-encourages-homology-medicines-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-fixx/ | 2022-04-09T21:35:03Z |
WASHINGTON, April 18, 2022 /PRNewswire/ -- Evolent Health, Inc. (NYSE: EVH), a health care company that delivers proven clinical and administrative solutions to payers and providers, today announced it will release its first quarter 2022 operating results on Wednesday, May 4, 2022 after market close, with a conference call to follow at 5:00 p.m. Eastern Time.
Shareholders and interested participants may listen to a live broadcast of the conference call by dialing 855.940.9467 or 412.317.6034 for international callers and referencing the "Evolent Health call" 15 minutes prior to the call. An audio playback of the conference call will be available on Evolent's investor relations website, ir.evolenthealth.com, for 30 days after the call.
About Evolent Health
Evolent Health (NYSE: EVH) delivers proven clinical and administrative solutions that improve whole-person health while making health care simpler and more affordable. Our solutions encompass total cost of care management, specialty care management, and administrative simplification. Evolent serves a national base of leading payers and providers, is the first company to receive the National Committee for Quality Assurance's Population Health Program Accreditation and is consistently recognized as a top place to work in health care nationally. Learn more about how Evolent is changing the way health care is delivered by visiting evolenthealth.com.
Seth R. Frank
Vice President, Investor Relations
Evolent Health, Inc.
sfrank@evolenthealth.com
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SOURCE Evolent Health | https://www.wibw.com/prnewswire/2022/04/18/evolent-health-inc-release-first-quarter-operating-results-host-conference-call-wednesday-may-4-2022/ | 2022-04-19T03:09:13Z |
Officials with the Albany Boys and Girls Clubs, Albany Area YMCA and the city of Albany Recreation and Parks Department accept checks from Dougherty County Coroner Michael Fowler to pay fees for the 292 students who took part in Fowler's annual Swim for Life program.
Officials with the Albany Boys and Girls Clubs, Albany Area YMCA and the city of Albany Recreation and Parks Department accept checks from Dougherty County Coroner Michael Fowler to pay fees for the 292 students who took part in Fowler's annual Swim for Life program.
Officials with the Albany Boys and Girls Clubs, Albany Area YMCA and the city of Albany Recreation and Parks Department accept checks from Dougherty County Coroner Michael Fowler to pay fees for the 292 students who took part in Fowler's annual Swim for Life program.
Officials with the Albany Boys and Girls Clubs, Albany Area YMCA and the city of Albany Recreation and Parks Department accept checks from Dougherty County Coroner Michael Fowler to pay fees for the 292 students who took part in Fowler's annual Swim for Life program.
Special Photo
Officials with the Albany Boys and Girls Clubs, Albany Area YMCA and the city of Albany Recreation and Parks Department accept checks from Dougherty County Coroner Michael Fowler to pay fees for the 292 students who took part in Fowler's annual Swim for Life program.
Special Photo
Officials with the Albany Boys and Girls Clubs, Albany Area YMCA and the city of Albany Recreation and Parks Department accept checks from Dougherty County Coroner Michael Fowler to pay fees for the 292 students who took part in Fowler's annual Swim for Life program.
ALBANY -- A total of 292 youngsters signed up for Dougherty County Coroner Michael Fowler's annual Swim for Life program this summer, a program Fowler started to teach kids how to swim and prevent drowning.
Fowler, who received donations and sponsorships from the community to pay the registration fees for the program, presented checks recently to his partners in the summer program: the Albany Area YMCA ($2,100), the Albany Boys and Girls Clubs ($2,140) and the Albany Recreation and Parks Department ($1,600).
The local agencies expressed gratitude to the coroner for his efforts. The Boys and Girls Clubs posted on its Facebook account: "Thanks to (Fowler's) office’s donation of $2,140, over 100 Albany children will receive swim lessons at the club for free."
The Albany Rec Department offered similar words of appreciation: "The fun and fantastic staff of Albany Recreation & Parks has been making a splash this summer with their 2022 Youth Swim program. The department partnered with Dougherty County Coroner Michael Fowler to offer a safe swim program as part of his Swim for Life project. The project was developed to provide funding to grant the children in the area free swimming lessons.
"Today, Mr. Fowler presented Albany Recreation & Parks Department with a check to cover the fees of the 78 participants of the 2022 Youth Swim program."
Bounce analyzed what employment in the airline industry could look like in the coming years, while touching on the lingering impact of the COVID-19 pandemic. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/coroners-swim-for-life-program-impacts-292-kids/article_2dbfde2e-f57c-11ec-8def-2faf02736c1a.html | 2022-06-26T20:08:07Z |
IRVINE, Calif., Aug. 18, 2022 /PRNewswire/ -- Nobol Inc. is pleased to announce that we are a participating sponsor at the Golden Future 50+ Senior Expo! #WeCare about your lifestyle, health, and age. Please stop by our booth and get your hands and feet to our new and latest version of the PhysioPedal by Nobol. We will have games, prizes, and giveaways!
PhysioPedal is an Innovative, Self- Peddling, Portable, and Cordless Cycle that provides Assisted Cycling Therapy (ACT) designed to help improve the health of the elderly and individuals who are sedentary, injured, or are doing post-surgery rehabilitation by pedaling for the user. The user steps in, and the machine will get them moving. Nobol Inc. is a Southern California-based manufacturer of innovative home-based medical and health products.
Unlike stationary bikes, which are often manually powered by the user, the PhysioPedal Assisted Cycling Therapy Cycle (ACT) is a form of exercise intervention that improves physical and cognitive functions. The PhysioPedal helps the elderly, the injured, and those with limited voluntary movement improve their health outcomes and overall wellness.
The PhysioPedal is the first step to improving your health!
This event was created specifically for SoCal Baby Boomers and Seniors to explore options and resources available for retirement, learn about new products and services, and connect with others who share the same goal of healthy aging. The expo will showcase various exhibitors from healthcare, financial services, government programs, diet and exercise, Social Security, Medicare, and more! Attendees can also expect 60 exhibits, health screenings, networking, raffles, beauty makeovers, bingo, arts & crafts, job & volunteer opportunities, and educational seminars from industry experts.
The Golden Future 50+ Expo will take place on Saturday, August 20, 2022, 9 am - 1:30 pm at the Hilton Woodland Hills Hotel located at 6360 Canoga Avenue, Woodland Hills, CA 91367. Admission and Parking are Free.
Must park next door at 6400 Canoga Avenue for FREE Parking!
Visit www.goldenfutureseniorexpo.com for a complete schedule. Attendees can pre-register online or at the door.
Golden Future 50+ Senior Expo Los Angeles
September 17, 2022 - Veterans Memorial Building 4117 Overland Avenue Culver City, CA 90230
Golden Future 50+ Senior Expo Los Angeles
October 22, 2022 - Commerce Casino & Hotel Inside the Main Ballroom 6121 Telegraph Road Commerce, CA 90040
Golden Future 50+ Senior Expo Orange County
November 12, 2022 - Sheraton Park Hotel at the Anaheim Resort Inside the Park Ballroom 1855 S Harbor Boulevard Anaheim, CA 92802
Golden Future 50+ Senior Expo Long Beach
December 3, 2022 - Golden Sails Hotel Inside the Crystal & Marina Ballrooms of the PCH Club 6285 E. Pacific Coast Highway Long Beach, CA 90803
Keep updated on our future events, and learn more about PhysioPedal and Nobol here: www.nobol.com
Media Contact: David Vanderveer, (949) 584-4397, d.vanderveer@nobol.com
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SOURCE Nobol Inc. | https://www.mysuncoast.com/prnewswire/2022/08/18/come-try-newly-launched-physiopedal-self-pedaling-cycle-by-nobol-annual-golden-future-50-senior-expo-woodland-hills-ca-august-20-2022/ | 2022-08-18T18:40:33Z |
Mounjaro led to significantly greater fat mass reductions compared to placebo and to injectable semaglutide 1 mg in adults with type 2 diabetes in mechanism of action study
Exploratory analysis showed that Mounjaro achieved A1C and weight targets in less time than injectable semaglutide 1 mg or titrated insulin degludec
INDIANAPOLIS, June 6, 2022 /PRNewswire/ -- New data from a mechanism of action study and new analyses of the global registration program for Eli Lilly and Company's (NYSE: LLY) Mounjaro™ (tirzepatide) injection were presented at the American Diabetes Association's® (ADA) 82nd Scientific Sessions®, adding to the robust body of data about Mounjaro for the treatment of adults with type 2 diabetes. More than 20 presentations on Mounjaro were accepted for disclosure at the ADA's Scientific Sessions.
"Lilly is proud to present new mechanism of action data and new analyses of the results that Mounjaro delivered throughout the SURPASS program at the ADA's Scientific Sessions, helping us further evaluate how Mounjaro can help adults living with type 2 diabetes manage key aspects of their disease," said Laura Fernández Landó, MD, associate vice president, Medical, Lilly Diabetes. "Exploring factors such as how quickly Mounjaro can help lower A1C and weight, or the relationship between those two measures throughout the SURPASS program, is important as we begin to bring Mounjaro to people living with type 2 diabetes."
Mounjaro Mechanism of Action Study
Additional results of a phase 1 mechanism of action study were presented in an oral presentation on Monday, June 6 during the "Incretin Based Therapies" session. This study was a 28-week, randomized, double-blind, parallel study to evaluate the effect of Mounjaro 15 mg compared to placebo and to injectable semaglutide 1 mg. The primary endpoint, previously disclosed, compared the effect of Mounjaro 15 mg versus placebo on total clamp disposition index at 28 weeks. The secondary objectives presented today at ADA compared the effects of Mounjaro 15 mg to placebo and to injectable semaglutide 1 mg on energy intake, appetite and body composition in adults with type 2 diabetes as measured by change from baseline.
At 28 weeks, participants taking Mounjaro (N=45) had significantly greater reductions in weight and in fat mass compared to those taking injectable semaglutide 1 mg (N=44) and placebo (N=28):
- Weight reduction: 11.2 kg (24.7 lb., Mounjaro 15 mg), 6.9 kg (15.2 lb., injectable semaglutide 1 mg) and 0 kg (placebo), p<0.001
- Fat mass reduction: 9.7 kg (21.4 lb., Mounjaro 15 mg) and 5.9 kg (13.0 lb., injectable semaglutide 1 mg), p=0.002
Further, treatment with Mounjaro 15 mg and injectable semaglutide 1 mg resulted in significant reductions from baseline in energy intake (-348.4 kcal and -284.1 kcal, respectively, p=0.187) as well as reductions in appetite ratings.
Relationship Between Body Weight Change and Glycemic Control with Mounjaro
Results from this post-hoc analysis of all five studies within the SURPASS global registration program were presented in a poster session. This analysis assessed the relationship between A1C and body weight reductions with Mounjaro treatment (5 mg, 10 mg or 15 mg) across the SURPASS-1 through -5 clinical trials. Results showed that between 87% and 97% of participants taking Mounjaro experienced both A1C and weight reductions.
Time to Reach Glycemic and Weight Targets with Tirzepatide Compared to Injectable Semaglutide 1 mg and Titrated Insulin Degludec
Results from this exploratory analysis of SURPASS-2 and SURPASS-3 were shared in a poster session, evaluating the median time taken to achieve certain glycemic targets (i.e., median time to A1C <7% and ≤6.5%) and the median time taken to achieve at least 5% weight loss. The analysis compared the time to reach the A1C targets from baseline among participants treated with Mounjaro (5 mg, 10 mg and 15 mg) versus those treated with injectable semaglutide 1 mg (SURPASS-2) or those treated with titrated insulin degludec (SURPASS-3), and the time to reach the weight target among participants treated with Mounjaro or injectable semaglutide 1 mg. Participants taking all three doses of Mounjaro reached these A1C targets about four weeks sooner than those taking injectable semaglutide 1 mg, and between four weeks and 12 weeks sooner than those taking titrated insulin degludec.
Specifically, results showed:
- Median time to achieve A1C <7%: 8 weeks (Mounjaro), 12 weeks (injectable semaglutide 1 mg), 12 weeks (titrated insulin degludec)
- Median time to achieve A1C ≤6.5%: 12 weeks (Mounjaro), 16 weeks (injectable semaglutide 1 mg), 24 weeks (titrated insulin degludec)
- Median time to achieve ≥5% weight reduction: 12 weeks (Mounjaro 10 mg and 15 mg), 16 weeks (Mounjaro 5 mg), 24 weeks (injectable semaglutide 1 mg)
About Mounjaro™ (tirzepatide) injection
Mounjaro™ (tirzepatide) injection is FDA-approved as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus. As the first and only FDA-approved GIP and GLP-1 receptor agonist, Mounjaro is a single molecule that activates the body's receptors for GIP (glucose-dependent insulinotropic polypeptide) and GLP-1 (glucagon-like peptide-1). Mounjaro is available in six doses (2.5 mg, 5 mg, 7.5 mg, 10 mg, 12.5 mg, 15 mg) and comes in Lilly's well-established auto-injector pen with a pre-attached, hidden needle that patients do not need to handle or see.
Limitations of Use:
- Has not been studied in patients with a history of pancreatitis
- Is not indicated for use in patients with type 1 diabetes mellitus
Important Safety Information for Mounjaro™ (tirzepatide)
WARNING: RISK OF THYROID C-CELL TUMORS
In both male and female rats, tirzepatide causes dose-dependent and treatment-duration-dependent thyroid C-cell tumors at clinically relevant exposures. It is unknown whether Mounjaro causes thyroid C-cell tumors, including medullary thyroid carcinoma (MTC), in humans as human relevance of tirzepatide-induced rodent thyroid C-cell tumors has not been determined.
Mounjaro is contraindicated in patients with a personal or family history of MTC or in patients with Multiple Endocrine Neoplasia syndrome type 2 (MEN 2). Counsel patients regarding the potential risk for MTC with the use of Mounjaro and inform them of symptoms of thyroid tumors (e.g., a mass in the neck, dysphagia, dyspnea, persistent hoarseness). Routine monitoring of serum calcitonin or using thyroid ultrasound is of uncertain value for early detection of MTC in patients treated with Mounjaro.
Mounjaro is contraindicated in patients with a personal or family history of MTC or in patients with MEN 2, and in patients with known serious hypersensitivity to tirzepatide or any of the excipients in Mounjaro.
Risk of Thyroid C-cell Tumors: Counsel patients regarding the potential risk for MTC with the use of Mounjaro and inform them of symptoms of thyroid tumors (e.g., a mass in the neck, dysphagia, dyspnea, persistent hoarseness). Routine monitoring of serum calcitonin or using thyroid ultrasound is of uncertain value for early detection of MTC in patients treated with Mounjaro. Such monitoring may increase the risk of unnecessary procedures, due to the low test specificity for serum calcitonin and a high background incidence of thyroid disease. Significantly elevated serum calcitonin values may indicate MTC and patients with MTC usually have calcitonin values >50 ng/L. If serum calcitonin is measured and found to be elevated, the patient should be further evaluated. Patients with thyroid nodules noted on physical examination or neck imaging should also be further evaluated.
Pancreatitis: Acute pancreatitis, including fatal and non-fatal hemorrhagic or necrotizing pancreatitis, has been observed in patients treated with GLP-1 receptor agonists. Pancreatitis has been reported in Mounjaro clinical trials. Mounjaro has not been studied in patients with a prior history of pancreatitis. It is unknown if patients with a history of pancreatitis are at higher risk for development of pancreatitis on Mounjaro. Observe patients for signs and symptoms, including persistent severe abdominal pain sometimes radiating to the back, which may or may not be accompanied by vomiting. If pancreatitis is suspected, discontinue Mounjaro and initiate appropriate management.
Hypoglycemia with Concomitant Use of Insulin Secretagogues or Insulin: Concomitant use with an insulin secretagogue (e.g., sulfonylurea) or insulin may increase the risk of hypoglycemia, including severe hypoglycemia. The risk of hypoglycemia may be lowered by reducing the dose of sulfonylurea (or other concomitantly administered insulin secretagogue) or insulin. Inform patients using these concomitant medications of the risk of hypoglycemia and educate them on the signs and symptoms of hypoglycemia.
Hypersensitivity Reactions: Hypersensitivity reactions, sometimes severe, have been reported with Mounjaro in clinical trials. If hypersensitivity reactions occur, discontinue use of Mounjaro; treat promptly per standard of care, and monitor until signs and symptoms resolve. Do not use in patients with a previous serious hypersensitivity to Mounjaro. Use caution in patients with a history of angioedema or anaphylaxis with a GLP-1 receptor agonist because it is unknown if such patients will be predisposed to these reactions with Mounjaro.
Acute Kidney Injury: Mounjaro has been associated with gastrointestinal adverse reactions, which include nausea, vomiting, and diarrhea. These events may lead to dehydration, which if severe could cause acute kidney injury. In patients treated with GLP-1 receptor agonists, there have been postmarketing reports of acute kidney injury and worsening of chronic renal failure, sometimes requiring hemodialysis. Some of these events have been reported in patients without known underlying renal disease. A majority of reported events occurred in patients who had experienced nausea, vomiting, diarrhea, or dehydration. Monitor renal function when initiating or escalating doses of Mounjaro in patients with renal impairment reporting severe adverse gastrointestinal reactions.
Severe Gastrointestinal Disease: Use of Mounjaro has been associated with gastrointestinal adverse reactions, sometimes severe. Mounjaro has not been studied in patients with severe gastrointestinal disease, including severe gastroparesis, and is therefore not recommended in these patients.
Diabetic Retinopathy Complications in Patients with a History of Diabetic Retinopathy: Rapid improvement in glucose control has been associated with a temporary worsening of diabetic retinopathy. Mounjaro has not been studied in patients with non-proliferative diabetic retinopathy requiring acute therapy, proliferative diabetic retinopathy, or diabetic macular edema. Patients with a history of diabetic retinopathy should be monitored for progression of diabetic retinopathy.
Acute Gallbladder Disease: In clinical trials, acute gallbladder disease was reported by 0.6% of Mounjaro-treated patients and 0% of placebo-treated patients. If cholelithiasis is suspected, gallbladder diagnostic studies and appropriate clinical follow-up are indicated.
The most common adverse reactions reported in ≥5% of Mounjaro-treated patients in placebo-controlled trials were nausea, diarrhea, decreased appetite, vomiting, constipation, dyspepsia, and abdominal pain.
Drug Interactions: When initiating Mounjaro, consider reducing the dose of concomitantly administered insulin secretagogues (such as sulfonylureas) or insulin to reduce the risk of hypoglycemia. Mounjaro delays gastric emptying, and thereby has the potential to impact the absorption of concomitantly administered oral medications, so caution should be exercised.
Pregnancy: Limited data on Mounjaro use in pregnant women are available to inform on drug-associated risk for major birth defects, miscarriage, or other adverse maternal or fetal outcomes. Based on animal reproduction studies, there may be risks to the fetus from exposure to tirzepatide. Use only if potential benefit justifies the potential risk to the fetus.
Lactation: There are no data on the presence of tirzepatide in human milk, the effects on the breastfed infant, or the effects on milk production. The developmental and health benefits of breastfeeding should be considered along with the mother's clinical need for Mounjaro and any potential adverse effects on the breastfed infant from Mounjaro or from the underlying maternal condition.
Females of Reproductive Potential: Advise females using oral hormonal contraceptives to switch to a non-oral contraceptive method, or add a barrier method of contraception for 4 weeks after initiation and for 4 weeks after each dose escalation.
Pediatric Use: Safety and effectiveness of Mounjaro have not been established and use is not recommended in patients less than 18 years of age.
Please click to access Prescribing Information, including Boxed Warning about possible thyroid tumors, including thyroid cancer, and Medication Guide.
Please see Instructions for Use included with the pen.
TR HCP ISI MAY2022
About Lilly
Lilly unites caring with discovery to create medicines that make life better for people around the world. We've been pioneering life-changing discoveries for nearly 150 years, and today our medicines help more than 47 million people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges, redefining diabetes care, treating obesity and curtailing its most devastating long-term effects, advancing the fight against Alzheimer's disease, providing solutions to some of the most debilitating immune system disorders, and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/newsroom or follow us on Facebook, Instagram, Twitter and LinkedIn. P-LLY
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about Mounjaro™ (tirzepatide) injection for the treatment of adults with type 2 diabetes and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there is no guarantee that planned or ongoing studies will be completed as planned, that future study results will be consistent with study findings to date, that Mounjaro will receive additional regulatory approvals, or that Mounjaro will be commercially successful. For further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
1 Pedersen, SD, et al. Relationship between body weight change and glycemic control with tirzepatide treatment in people with type 2 diabetes. Abstract 729-P. Presented at the American Diabetes Association's® (ADA) 82nd Scientific Sessions®; June 3–7, 2022.
2 Pantalone, K, et al. Patients with Type 2 Diabetes Reach Glycemic Targets Faster with Tirzepatide Compared to Semaglutide and Titrated Insulin Degludec. Abstract 732-P. Presented at the American Diabetes Association's® (ADA) 82nd Scientific Sessions®; June 3–7, 2022.
3 Heise, T, et al. Tirzepatide reduces appetite, energy intake and fat mass in people with T2D. Abstract 338-OR. Presented at the American Diabetes Association's® (ADA) 82nd Scientific Sessions®; June 3–7, 2022.
4 Mounjaro™ (tirzepatide) injection Prescribing Information. Eli Lilly & Company; May 2022.
View original content to download multimedia:
SOURCE Eli Lilly and Company | https://www.mysuncoast.com/prnewswire/2022/06/06/new-analyses-mounjaro-tirzepatide-injection-treatment-adults-with-type-2-diabetes-presented-american-diabetes-associations-82nd-scientific-sessions/ | 2022-06-06T23:20:42Z |
Robot server: Restaurant turning to futuristic option amid worker shortage
DENVER (KMGH) - A Colorado restaurant is using a robot server to deal with a labor shortage problem.
The owners say the technology isn’t meant to replace people but to give them an assist when things get busy.
Refik Turkanovich, an operating partner at Tom’s Watch Bar, says the robot may not look like much, but it can do quite a bit.
“It’s capable of going from one station to the next, delivering dishes and food if necessary,” Turkanovich said.
Turkanovic says, like many restaurants throughout the city, they’re having a tough time finding workers.
“We did this just to help alleviate some of the labor pressure,” Turkanovich said.
Employees are also working on a name for their extra helper.
Copyright 2022 KMGH via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/25/robot-server-restaurant-turning-futuristic-option-amid-worker-shortage/ | 2022-06-25T22:02:09Z |
The first time molecular biologist Doris Taylor saw heart stem cells beat in unison in a petri dish, she was spellbound.
"It actually changed my life," said Taylor, who directed regenerative medicine research at Texas Heart Institute in Houston until 2020. "I said to myself, 'Oh my gosh, that's life.' I wanted to figure out the how and why, and re-create that to save lives."
That goal has become reality. On Wednesday at the Life Itself conference, a health and wellness event presented in partnership with CNN, Taylor showed the audience the scaffolding of a pig's heart infused with human stem cells -- creating a viable, beating human heart the body will not reject. Why? Because it's made from that person's own tissues.
"Now we can truly imagine building a personalized human heart, taking heart transplants from an emergency procedure where you're so sick, to a planned procedure," Taylor told the audience.
"That reduces your risk by eliminating the need for (antirejection) drugs, by using your own cells to build that heart it reduces the cost ... and you aren't in the hospital as often so it improves your quality of life," she said.
Debuting on stage with her was BAB, a robot Taylor painstakingly taught to inject stem cells into the chambers of ghost hearts inside a sterile environment. As the audience at Life Itself watched BAB functioning in a sterile environment, Taylor showed videos of the pearly white mass called a "ghost heart" begin to pinken.
"It's the first shot at truly curing the number one killer of men, women and children worldwide -- heart disease. And then I want to make it available to everyone," said Taylor to audience applause.
"She never gave up," said Michael Golway, lead inventor of BAB and president and CEO of Advanced Solutions, which designs and creates platforms for building human tissues.
"At any point, Dr. Taylor could have easily said 'I'm done, this just isn't going to work. But she persisted for years, fighting setbacks to find the right type of cells in the right quantities and right conditions to enable those cells to be happy and grow."
Giving birth to a heart
Taylor's fascination with growing hearts began in 1998, when she was part of a team at Duke University that injected cells into a rabbit's failed heart, creating new heart muscle. As trials began in humans, however, the process was hit or miss.
"We were putting cells into damaged or scarred regions of the heart and hoping that would overcome the existing damage," she told CNN. "I started thinking: What if we could get rid of that bad environment and rebuild the house?"
Taylor's first success came in 2008 when she and a team at the University of Minnesota washed the cells out of a rat's heart and began to work with the translucent skeleton left behind.
Soon, she graduated to using pig's hearts, due to their anatomical similarity to human hearts.
"We took a pig's heart, and we washed out all the cells with a gentle baby shampoo," she said. "What was left was an extracellular matrix, a transparent framework we called the 'ghost heart.'
"Then we infused blood vessel cells and let them grow on the matrix for a couple of weeks," Taylor said. "That built a way to feed the cells we were going to add because we'd reestablished the blood vessels to the heart."
The next step was to begin injecting the immature stem cells into the different regions of the scaffold, "and then we had to teach the cells how to grow up."
"We must electrically stimulate them, like a pacemaker, but very gently at first, until they get stronger and stronger. First, cells in one spot will twitch, then cells in another spot twitch, but they aren't together," Taylor said. "Over time they start connecting to each other in the matrix and by about a month, they start beating together as a heart. And let me tell you, it's a 'wow' moment!"
But that's not the end of the "mothering" Taylor and her team had to do. Now she must nurture the emerging heart by giving it a blood pressure and teaching it to pump.
"We fill the heart chambers with artificial blood and let the heart cells squeeze against it. But we must help them with electrical pumps, or they will die," she explained.
The cells are also fed oxygen from artificial lungs. In the early days all of these steps had to be monitored and coordinated by hand 24 hours a day, 7 days a week, Taylor said.
"The heart has to eat every day, and until we built the pieces that made it possible to electronically monitor the hearts someone had to do it person -- and it didn't matter if it was Christmas or New Year's Day or your birthday," she said. "It's taken extraordinary groups of people who have worked with me over the years to make this happen."
But once Taylor and her team saw the results of their parenting, any sacrifices they made became insignificant, "because then the beauty happens, the magic," she said.
"We've injected the same type of cells everywhere in the heart, so they all started off alike," Taylor said. "But now when we look in the left ventricle, we find left ventricle heart cells. If we look in the atrium, they look like atrial heart cells, and if we look in the right ventricle, they are right ventricle heart cells," she said.
"So over time they've developed based on where they find themselves and grown up to work together and become a heart. Nature is amazing, isn't she?"
Billions and billions of stem cells
As her creation came to life, Taylor began to dream about a day when her prototypical hearts could be mass produced for the thousands of people on transplant lists, many of whom die while waiting. But how do you scale a heart?
"I realized that for every gram of heart tissue we built, we needed a billion heart cells," Taylor said. "That meant for an adult-sized human heart we would need up to 400 billion individual cells. Now, most labs work with a million or so cells, and heart cells don't divide, which left us with the dilemma: Where will these cells come from?"
The answer arrived when Japanese biomedical researcher Dr. Shinya Yamanaka discovered human adult skin cells could be reprogrammed to behave like embryonic or "pluripotent" stem cells, capable of developing into any cell in the body. The 2007 discovery won the scientist a Nobel Prize, and his "induced pluripotent stem cells (iPS)," soon became known as "Yamanaka factors."
"Now for the first time we could take blood, bone marrow or skin from a person and grow cells from that individual that could turn into heart cells," Taylor said. "But the scale was still huge: We needed tens of billions of cells. It took us another 10 years to develop the techniques to do that."
The solution? A bee-like honeycomb of fiber, with thousands of microscopic holes where the cells could attach and be nourished.
"The fiber soaks up the nutrients just like a coffee filter, the cells have access to food all around them and that lets them grow in much larger numbers. We can go from about 50 million cells to a billion cells in a week," Taylor said. "But we need 40 billion or 50 billion or 100 billion, so part of our science over the last few years has been scaling up the number of cells we can grow."
Another issue: Each heart needed a pristine environment free of contaminants for each step of the process. Every time an intervention had to be done, she and her team ran the risk of opening the heart up to infection -- and death.
"Do you know how long it takes to inject 350 billion cells by hand?" Taylor asked the Life Itself audience. "What if you touch something? You just contaminated the whole heart."
Once her lab suffered an electrical malfunction and all of the hearts died. Taylor and her team were nearly inconsolable.
"When something happens to one of these hearts, it's devastating to all of us," Taylor said. "And this is going to sound weird coming from a scientist, but I had to learn to bolster my own heart emotionally, mentally, spiritually and physically to get through this process."
Enter BAB, short for BioAssemblyBot, and an "uber-sterile" cradle created by Advance Solutions that could hold the heart and transport it between each step of the process while preserving a germ-free environment. Taylor has now taught BAB the specific process of injecting the cells she has painstakingly developed over the last decade.
"When Dr. Taylor is injecting cells, it has taken her years to figure out where to inject, how much pressure to put on the syringe, and the best speed and pace to add the cells," said BAB's creator Golway.
"A robot can do that quickly and precisely. And as we know, no two hearts are the same, so BAB can use ultrasound to see inside the vascular pathway of that specific heart, where Dr. Taylor is working blind, so to speak," Golway added. "It's exhilarating to watch -- there are times where the hair on the back of my neck literally stands up."
Taylor left academia in 2020 and is currently working with private investors to bring her creation to the masses. If transplants into humans in upcoming clinical trials are successful, Taylor's personalized hybrid hearts could be used to save thousands of lives around the world.
In the US alone, some 3,500 people were on the heart transplant waiting list in 2021.
"That's not counting the people who never make it on the list, due to their age or heath," Taylor said. "If you're a small woman, if you're an underrepresented minority, if you're a child, the chances of getting an organ that matches your body are low.
If you do get a heart, many people get sick or otherwise lose their new heart within a decade. We can reduce cost, we can increase access, and we can decrease side effects. It's a win-win-win."
Taylor can even envision a day when people bank their own stem cells at a young age, taking them out of storage when needed to grow a heart -- and one day even a lung, liver or kidney.
"Say they have heart disease in their family," she said. "We can plan ahead: Grow their cells to the numbers we need and freeze them, then when they are diagnosed with heart failure pull a scaffold off the shelf and build the heart within two months.
"I'm just humbled and privileged to do this work, and proud of where we are," she added. "The technology is ready. I hope everyone is going to be along with us for the ride because this is game-changing."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/ghost-heart-built-from-the-scaffolding-of-a-pig-and-the-patients-cells-this-cardiac/article_690f45e6-83ea-5513-acad-0bb46719514b.html | 2022-06-01T21:41:38Z |
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