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Gurriel’s 5 RBIs best Ohtani’s 2 HRs in Jays’ win over Halos
By GREG BEACHAM
AP Sports Writer
ANAHEIM, Calif. (AP) — The Toronto Blue Jays overcame two homers by Shohei Ohtani to complete a four-game sweep of the Los Angeles Angels with a 11-10 victory. Lourdes Gurriel Jr. doubled home the tiebreaking run in the eighth for his season-high fifth RBI. Raimel Tapia added three RBIs and Bo Bichette hit a tying homer in the eighth for Toronto, which capped its first four-game sweep of the Angels in 30 years with its highest-scoring performance of the season. Ohtani hit a solo homer in the first inning and a two-run shot in the third for his ninth career multi-homer game. | https://localnews8.com/sports/ap-national-sports/2022/05/29/gurriels-5-rbis-best-ohtanis-2-hrs-in-jays-win-over-halos/ | 2022-05-30T02:24:57Z |
FORT BRAGG, Calif., May 27, 2022 /PRNewswire/ -- North Coast Brewing Company (NCBC), an independent American craft brewery producing award-winning beers since 1988, is pleased to announce the latest addition to its beer line-up.
Developed in conjunction with NCBC's field teams, the brewmasters experimented with a multitude of modern hop varieties and hopping regimens to bring you their latest take on an American IPA.
In the spirit of reaching for an icy bottle or a fresh pint at the end of a day spent trekking the rugged Pacific Coast, the aim is total satisfaction: refreshment without sacrificing complex flavor.
"We are excited to introduce our latest India Pale Ale to the world. The flavors will wake up your tastebuds and leave you wanting more. West Coast IPA fans won't be disappointed."- Jennifer Owen, CEO/CFO.
Tasting Notes: Golden straw in color with a dense thick head of foam. Very aromatic from heavy doses of dry-hops lending to tropical fruit aromas reminiscent of mango, papaya, and pineapple. The flavor reflects the tropical nose while adding hints of citrus and berry fruits. It wraps up with a clean, crisp finish that invites another sip.
- Style: West Coast IPA
- Straw in color
- 6.8% ABV
- 58 IBU's
- Hops: Azacca, Citra, Mosaic, Centennial, & Strata
- Certified Non-GMO
- Available in 4/6/12oz bottles, as well as 15.5- & 5.16-gallon kegs
The label art was created by Michael Zontos, a local denizen of California's North Coast, talented artist, and active fisheries biologist.
"One of our team members has been collecting his art, and when we contacted Michael to see if he would be interested in working on our next label, he was thrilled to be a part of the Pacific Magic IPA story"- Marty Compton, VP of Sales, and Marketing.
About North Coast Brewing Company:
Founded in 1988, NCBC, a certified B Corp, crafts a wide range of exceptional, award-winning beers, including Scrimshaw, Old Rasputin Russian Imperial Stout, Pranqster, Le Merle, and Brother Thelonious. NCBC beers are available in 48 U.S. states and internationally.
NCBC's mission: "Making the World a Better Place, One Pint at a Time"
For NCBC's sustainability report, visit: https://northcoastbrewing.com/.
Follow North Coast Brewing Company on Instagram @NorthCoastBrewingCompany, Twitter @NoCoastBrewCo and Facebook @NorthCoastBrewingCompany.
CONTACT: Debra De Graw, Director of Marketing
North Coast Brewing Company
P: 707.964.2739
E: Debra@northcoastbrewing.com
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SOURCE North Coast Brewing Company | https://www.kxii.com/prnewswire/2022/05/27/north-coast-brewing-company-releases-pacific-magic-ipa/ | 2022-05-28T06:45:09Z |
Earnings Call Scheduled for 8:00 a.m. ET on August 25, 2022
BEIJING, Aug. 11, 2022 /PRNewswire/ -- Zepp Health Corp. ("Zepp Health" or the "Company") (NYSE: ZEPP), a cloud-based healthcare services provider with world-leading smart wearable technology, today announced that it will report its second quarter 2022 unaudited financial results before the market open on Thursday, August 25, 2022.
Management will hold a conference call at 8:00 a.m. Eastern Time on Thursday, August 25, 2022 (8:00 p.m. Beijing Time on August 25, 2022). Listeners may access the call by dialing:
Participants should dial in at least 10 minutes before the scheduled start time and ask to be connected to the call for "Zepp Health Corp.".
Additionally, a live and archived webcast of the conference call will be available at http://ir.zepp.com.
A telephone replay will be available one hour after the end of the conference until September 1, 2022 by dialing the following telephone numbers:
About Zepp Health Corporation (NYSE: ZEPP)
Zepp Health changed its name from Huami Corp. (HMI) on February 25, 2021 to emphasize its health focus with a name that resonates across languages and cultures globally. The Company's mission continues to be connecting health with technology. Since its inception in 2013, Zepp Health has developed a platform of proprietary technology including AI chips, biometric sensors, and data algorithms, which drive a broadening line of smart health devices for consumers, and data analytics services for population health. Zepp Health is one of the largest global developers of smart wearable health and consumer fitness devices, shipping 36 million units in 2021. Zepp Health Corp. is based in Hefei, China, with U.S. operations, Zepp Health USA, based in Cupertino, California.
For investor and media inquiries, please contact:
Zepp Health Corp.
Grace Yujia Zhang
E-mail: ir@zepp.com
The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
E-mail: zepp@tpg-ir.com
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SOURCE Zepp Health Corp. | https://www.kxii.com/prnewswire/2022/08/11/zepp-health-corp-report-second-quarter-2022-financial-results-august-25-2022/ | 2022-08-11T12:16:38Z |
GLOUCESTER, Va., Aug. 22, 2022 /PRNewswire/ -- The Cook Foundation is pleased to announce the awarding of a $75,000 matching to Woodville Rosenwald School Foundation to complete interior restoration of the historic school.
"The Woodville School is not only a historic site but with the leadership of the Woodville Rosenwald Foundation, it will again become a cultural center in Gloucester, Virginia. The Cook Foundation is pleased to support the restoration and preservation of the interior. The Woodville School and the foundation that supports it are critical to preserving both history and a sense of wholeness within our community," said Adrianne Joseph, Founder and Chair of The Cook Foundation.
Built in 1923, the school replaced an earlier school at the same site. Integral to the community was the nexus between the Rosenwald Fund and African American leadership from Thomas Calhoun Walker, better known as TC Walker, who was enslaved at birth but became a lawyer and community leader in Virginia. Walker is credited for bringing six Rosenwald schools to Gloucester. Walker's relationship with Booker T. Washington fostered access to education and vocational training, and necessary community building within and for the African American population. The Woodville School represents a unique time and place in American history, and has earned consideration as a part of the proposed Julius Rosenwald and Rosenwald Schools National Historical Park which will honor the connection between Jewish and African American history.
We are eager to foster the continuation of both Rosenwald's legacy and the African American community here in Gloucester that persevered despite the systemic challenges they faced.
Michael Blakey, PhD, Chair of the Woodville School Scholars Committee and member of the board is widely known for his expertise in engaging descendant communities. He is the National Endowment for the Humanities Professor of Anthropology and American Studies at William and Mary. Blackey said: "Memory is essential to who and what we are: fond memory, critical memory, reminiscence. Museums serve memory with physical objects that demonstrate its details, just as the Woodville Rosenwald School resonates the educational memories of a whole community. We are encouraging the living descendants of African American education in Gloucester to reach back and fetch their memories in a conversation with scholars about the past and its impact on the present and future."
Learn more: http://thecookfoundation.org.
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SOURCE The Cook Foundation | https://www.mysuncoast.com/prnewswire/2022/08/22/cook-foundation-awards-75000-matching-grant-historic-woodville-rosenwald-school-foundation/ | 2022-08-22T09:39:05Z |
NAZARETH, Pa., July 5, 2022 /PRNewswire/ -- The Northeast's custom kitchen remodeling company, Kitchen Magic, outlines the combinations homeowners are choosing and the many reasons why a customized hybrid kitchen is the perfect solution for their next home remodeling project.
Today hybrids are everywhere, from hybrid automobiles, trucks, and bicycles, to plants, puppies, people, and sports. Indeed, hybrids combine the best of two or three elements.
Essentially a hybrid kitchen is a design plan that combines both refacing and custom cabinetry. Refacing saves substantially on budget, allowing you to reinvest in other features and upgrades. Additional custom cabinetry or a new island creates valuable additional storage space and that visual change homeowners often want.
The new cabinetry added into a hybrid kitchen remodel will perfectly match the refaced, existing cabinet boxes.
The result is a highly personalized and transformative kitchen design.
This hybrid approach improves the aesthetics and function of a kitchen, while also increasing the property value should you decide to sell down the road.
The 2022 cost vs. value report says that a minor kitchen remodel will return 74.7% of the investment
A hybrid kitchen can include any type of custom-built cabinets, a desk, or a customized display case that match the refacing cabinets for a unified space.
Our design consultants often propose creative ideas for storage solutions, addressing issues you may not have even known you had. A good example of that might be creating a designated storage space for dry goods, spices, cooking essentials, and other everyday items. All of these improvements go a long way in helping you stay organized.
Hybrid kitchens are a top trend in Kitchen Magic kitchens, and most homeowners utilize a hybrid design model to one degree or another.
Designers do not see that trend slowing since the outcome is a custom solution for every customer. Even with the pandemic in the rear-view mirror, many homeowners still have enhanced storage on their wish lists.
Adding a custom kitchen island instead of a peninsula is more conducive to gatherings. Homeowners with older homes often bid adieu to their kitchen peninsula, as the U-shape is a configuration that tends to "trap" people into a particular prep or dining area.
Instead, allow your kitchen design team to create a kitchen island for increased workflow. A kitchen island is also a user-friendly layout for dining and social gatherings.
Stock up and add a bank of cabinets, a buffet, a credenza, or a pantry. Copious storage is more critical than ever as remote work and more time at home have become permanent for many. A top request of homeowners is additional storage for dry goods, small appliances, and cooking equipment allowing them to keep stocked up and maintain a high-functioning kitchen.
An empty corner can become that creates a personalized focal point for your new kitchen design. Imagine a coffee station, device charging zone, bar area or even a display case as an empty corner becomes your 'statement' corner.
A built-in desk offers a welcome addition to working and learning at home. On those days you can avoid the commute and stay just as functional with an additional work-from-home zone. Reface the existing cabinets and add a custom deck that suits your home office needs.
A hybrid kitchen design allows you to claim extra space and even double your existing space with smart storage solutions, Whether you plan to add a pantry, credenza, or a mudroom with cabinets, the sky's the limit with the help of the skilled craftspeople and designers at Kitchen Magic.
Up your design game with glass-front cabinets flanked by new pantry cabinets to increase storage and still showcase your new finds. Mix and match colors and textures for a unique design. A woodgrain display cabinet or island can add flair when paired with a white kitchen for a beautiful timeless look.
At Kitchen Magic, our signature refacing consists of premium North American lumber and solid veneers that set the tone for a quality, functional design. Our custom cabinetry is all USA Made, hand crafted in our factory in Nazareth, Pennsylvania.
To explore how you can transform the way your kitchen looks and functions with a free in-home design consultation. It's fun, informative, and completely free! Give us a call at 866.437.6147, or click here to schedule your free design consultation with us today!
Linda Fennessy
Public Relations Manager
Kitchen Magic
800.237.0799x 4155
Linda.fennessy@kitchenmagic.com
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SOURCE Kitchen Magic, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/05/kitchen-magic-defines-hybrid-kitchen/ | 2022-07-05T15:00:45Z |
NEW YORK, Sept. 1, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Avalara, Inc. (NYSE: AVLR)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Avalara, Inc. (NYSE: AVLR), in connection with the proposed acquisition of AVLR by Vista Equity Partners. Under the terms of the merger agreement, AVLR shareholders will receive $93.50 in cash for each share of AVLR common stock owned. If you own AVLR shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/avlr
CarLotz, Inc. (NASDAQ: LOTZ)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CarLotz, Inc. (NASDAQ: LOTZ), in connection with the proposed merger of LOTZ with Shift Technologies, Inc. ("Shift"). Pursuant to the merger agreement, LOTZ shareholders will receive 0.692158 shares of Shift common stock for each share of LOTZ common stock. If you own LOTZ shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/lotz
Gemini Therapeutics, Inc. (NASDAQ: GMTX)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Gemini Therapeutics, Inc. (NASDAQ: GMTX), in connection with the proposed merger of GMTX with Disc Medicine, Inc. ("Disc"). Pursuant to the merger agreement, GMTX shareholders are expected to own approximately 28% of the combined company and Disc shareholders are expected to own approximately 72% of the combined company. Prior to the closing of the proposed merger, GMTX shareholders will be issued contingent value rights ("CVR's) representing the right to receive certain payments from proceeds received by the combined company, if any, related to pre-transaction legacy assets during the period ending one year following the closing of the merger. If you own GMTX shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/gmtx
Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW), in connection with the proposed acquisition of AAWW by a consortium of investors led by Apollo Global Management Inc. Pursuant to the merger agreement, AAWW shareholders will receive $102.50 in cash for each share of AAWW common stock owned. If you own AAWW shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/aaww
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SOURCE Weiss Law | https://www.wibw.com/prnewswire/2022/09/01/shareholder-alert-weiss-law-reminds-avlr-lotz-gmtx-aaww-shareholders-about-its-ongoing-investigations/ | 2022-09-01T21:24:30Z |
Investment supports customer demand across Europe in attractive segments, including coffee and pet food
ZURICH, Aug. 22, 2022 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced that it has closed the acquisition of a world-class flexible packaging plant located in the Czech Republic.
The strategic location of the site immediately increases Amcor's ability to satisfy strong demand and customer growth across its flexible packaging network in Europe.
"With this acquisition we are investing to accelerate the organic growth momentum of our flexibles business in Europe in attractive segments," said Michael Zacka, President, Amcor Flexibles Europe, Middle East & Africa. "The scalable nature of the acquired site and its attractive location further bolsters our ability to service strong customer demand and generate strong returns for Amcor shareholders."
The plant is a greenfield development commissioned by DG Pack in 2019 and features state-of-the-art specialized equipment for attractive segments including coffee and pet food. The land and buildings acquired also provide the option to significantly scale up operations and establish a highly efficient production hub.
About Amcor
Amcor is a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content. In fiscal year 2022, 44,000 Amcor people generated $15 billion in annual sales from operations that span 220 locations in 43 countries. NYSE: AMCR; ASX: AMC
www.amcor.com I LinkedIn I Facebook I Twitter I YouTube
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SOURCE Amcor | https://www.mysuncoast.com/prnewswire/2022/08/22/amcor-buys-world-class-scalable-flexible-packaging-plant-central-europe/ | 2022-08-22T09:38:58Z |
Positive Clinical Trial Results Revealed at ADA 82nd Scientific Sessions
NEW YORK, June 4, 2022 /PRNewswire/ -- WW International, Inc. (NASDAQ: WW) ("WeightWatchers," "WW," or "the Company") announced today, at the American Diabetes Association (ADA) 82nd Scientific Sessions, positive results from its three-center clinical trial testing the effectiveness of its program tailored for those living with diabetes on weight management, as well as overall health and well-being.
It is estimated that 90 percent of people living with diabetes are also living with overweight or obesity, and 30-53 percent of new diabetes cases in the U.S. yearly are linked to obesity.1,2 Current ADA treatment recommendations recognize the importance of weight management in patients with Type 2 diabetes who also have overweight or obesity to improve glycemic control.3
The six-month single-arm clinical trial was conducted across three sites (Pennington Biomedical Research Center, University of Florida and Virginia Commonwealth University) and examined the effectiveness of the virtual WeightWatchers program on glycemic control and weight loss among 136 participants living with Type 2 diabetes who had an average baseline A1c of 7.9. Results demonstrated that the WeightWatchers diabetes-tailored program had clinically meaningful and statistically significant effects, including:
- Reduction in HbA1c by 0.76. Average decreases in participants' average HbA1c levels at three and six months exceeded standards set by the FDA for approval of pharmacotherapy (treatment with a medication).4
- Average body weight loss of 5.7 percent and decrease in waist circumference by more than two inches. A modest weight loss of at least five percent of a person's body weight can help lead to health benefits - including improvements in blood pressure, blood cholesterol and blood sugar.5
- Decrease in diabetes distress by 9.8 percent. Participants experienced reduction in emotional burden, regimen-related stress and overall diabetes distress.
Additionally, participants experienced a 13.1 percent decrease in hunger and 13 percent improvement in overall well-being.
"Built on WeightWatchers' science-backed approach, our tailored program helps people living with diabetes build and maintain healthy habits based on their needs and lifestyle," said Gary Foster, PhD, Chief Scientific Officer, WW. "We remain committed to supporting people living with diabetes with scalable solutions and are encouraged by the positive clinical trial results presented at ADA."
Participants in the clinical trial followed WeightWatchers' new diabetes-tailored program. The WeightWatchers Points® system has always gone beyond calories to turn complex nutritional information into one single number to make healthy eating simple. With the introduction of PersonalPoints™ last year, the latest algorithm steers members towards foods higher in healthy fats, fiber, and protein, and lower in added sugars and saturated fats.
The PersonalPoints program can also be further personalized to meet the needs of those living with diabetes. Consistent with the ADA and International Diabetes Federation (IDF) guidelines, WeightWatchers' diabetes-tailored program guides members living with diabetes toward foods that are less likely to impact blood sugar levels, such as lean protein, high fiber non-starchy vegetables, and healthy fats.3,6 It also provides content on how to enjoy fruit, whole grains, and dairy in ways that fit their lives.
"Despite recent advancements, there continues to be gaps in diabetes management for the 37.3 million people in the U.S. living with diabetes - most of whom also have overweight or obesity,"7 said John W. Apolzan, PhD, Assistant Professor and Nutrition Scientist, Pennington Biomedical Research Center, and lead investigator in the clinical trial. "These trial results show that the WW diabetes-tailored program produces favorable improvements in glycemic control, weight, and diabetes distress which are both statistically significant and clinically meaningful."
With decades of experience in behavior change, WeightWatchers inspires millions of people around the world to adopt healthy habits for real life. For more information, visit www.ww.com.
Diabetes is a chronic condition that affects approximately 11.3 percent of the U.S. population, and nearly 1.4 million people are diagnosed every year.5,7,8 Type 2 diabetes is caused by the body's ineffective use of insulin and makes up approximately 90-95 percent of diabetes cases. If not managed properly, diabetes can damage the heart, blood vessels, eyes, kidneys, and nerves over time.9 The disease also has economic ramifications. According to the ADA, it is estimated that for every $4 we spend on healthcare in the U.S., $1 is spent caring for people living with diabetes.10 The total approximate annual cost of diabetes is $327 billion - including $237 billion for direct medical costs and another $90 billion in reduced productivity.
We are a human-centric technology company powered by the world's leading weight management program. For nearly six decades we have inspired millions of people to adopt healthy habits for real life. Through our comprehensive tools, expert Coaches and community, members follow our proven, sustainable, science-based program focused on weight loss. To learn more about the WeightWatchers approach to healthy living, please visit ww.com. For more information about our global business, visit our corporate website at corporate.ww.com.
For more information, contact:
Jenny Zimmerman, WW / WeightWatchers
jenny.zimmerman@ww.com
1 CDC. National Diabetes Statistics Report 2020. Estimates of diabetes and its burden in the United States. https://www.cdc.gov/diabetes/pdfs/data/statistics/national-diabetes-statistics-report.pdf
2Cameron NA, Petito LC, McCabe M, et al. Quantifying the Sex-Race/Ethnicity-Specific Burden of Obesity on Incident Diabetes Mellitus in the United States, 2001 to 2016: MESA and NHANES. J Am Heart Assoc. 2021;0:e018799. DOI: 10.1161/JAHA.120.018799
3 American Diabetes Association. Obesity management for the treatment of type 2 diabetes: standards of medical care in diabetes - 2021. Diabetes Care. 2021;44(1):S53-72.
4 Lenters-Westra E, Schindhelm RK, Bilo HJ, Groenier KH, Slingerland RJ. Differences in interpretation of haemoglobin A1c values among diabetes care professionals. Neth J Med. 2014;72:462-466.
5 CDC. Losing Weight. www.cdc.gov/healthyweight/losing_weight.
6 International Diabetes Federation. Recommendations For Managing Type 2 Diabetes In Primary Care, 2017. www.idf.org/managing-type2-diabetes.
7 CDC. Statistics Report. www.cdc.gov/diabetes/data/statistics-report.
8 CDC. What is Diabetes?. www.cdc.gov/diabetes/basics/diabetes.html.
9 WHO. Diabetes Fact Sheet. www.who.int/news-room/fact-sheets/detail/diabetes.
10 American Diabetes Association. Economic costs of diabetes in the US in 2017. Diabetes Care. 2018;41:917–928.
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SOURCE WW International, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/04/ww-announces-study-results-showing-clinically-significant-improvements-people-living-with-diabetes-customized-program/ | 2022-06-04T16:28:57Z |
Market barriers include high prices, technological limits, lack of clear guidelines and shortage of industry experts
BOULDER, Colo., June 2, 2022 /PRNewswire/ -- A new report from Guidehouse Insights analyzes the market for residential heat pumps (HP) in cold climates and examines key technology trends.
Although electrification technologies are becoming cost-effective and more reliable than fossil fuel systems in various climates, a HP running on electricity loses efficiency and performance when the outside temperature is below the freezing point. The cold-climate heat pump (CCHP) achieves better heating performance than the conventional HP in these cold regions. According to a new report from Guidehouse Insights, the HP market in cold climates is anticipated to grow from $6.57 billion in 2022 to $13.11 billion in 2031 at a compound annual growth rate (CAGR) of 8.0%.
"CCHP technology advances have broken down boundaries and allowed HP to expand its application range to cold climates," says Young Hoon Kim, senior research analyst with Guidehouse Insights. "CCHP has substantial growth potential and manufacturers should take advantage of this market opportunity by educating installers about the benefits of CCHP. Utilities serving cold regions can also use CCHP technology to move one step closer to reducing CO2 emissions."
The report summarizes the market drivers and barriers for HP and CCHP technologies. Market barriers include high electricity prices, a heating culture that rejects the technology, technological limits, lack of clear CCHP guidelines, a shortage of experts and a lack of awareness, as well as a lack of product type in certain regions, according to the report.
The report, Cold-Climate Heat Pumpshttps://guidehouseinsights.com/reports/market-data-Smart-Streetlighting, covers residential HP technology for the cold regions of North America, Europe, and Asia Pacific through 2031. The outlook is broken down by HP types, such as air-source HP, HP water heaters, ground-source HP, and exhaust-air HP. The report also analyzes residential heating technologies such as boilers and furnaces to estimate the HP market's potential in these northern regions. In this outlook, district heating, distributing a large amount of generated heat to individual households, is excluded. An executive summary of the report is available for free download on the Guidehouse Insights website.
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 13,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, Cold-Climate Heat Pumps, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
Cecile Fradkin
+1.646.941.9139
cfradkin@scprgroup.com
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SOURCE Guidehouse Insights | https://www.wibw.com/prnewswire/2022/06/02/guidehouse-insights-estimates-market-heat-pumps-cold-climates-is-anticipated-grow-13-billion-2031/ | 2022-06-02T10:14:05Z |
SANDUSKY, Ohio, July 1, 2022 /PRNewswire/ -- Civista Bancshares, Inc. ("Civista") (NASDAQ: CIVB) today announced it has completed its acquisition of Comunibanc Corp. ("Comunibanc"), and its wholly-owned subsidiary The Henry County Bank, effective as of July 1, 2022. The transaction brings Civista's total assets to approximately $3.5 billion, based on information as of March 31, 2022. In exchange for each share of Comunibanc common stock issued and outstanding, Comunibanc shareholders will receive 1.1888 shares of Civista common stock and $30.13 in cash.
"We are very pleased to complete this transaction, which expands our presence in Henry and Wood Counties in Northwest Ohio. We are also excited to welcome Comunibanc's customers and employees to the Civista family. We look forward to collaborating with Comunibanc's team to grow and enhance their banking platform while maintaining strong ties to their communities. We believe the long-term growth potential of this partnership offers substantial upside for shareholders of both organizations," said Dennis G. Shaffer, CEO and President of Civista.
"After seeing our teams work together over the past several months in preparation of bringing our organizations together, I am more convinced than ever that Civista is the right partner for Comunibanc," stated Bill Wendt, Chairman and President of Comunibanc. "We continue to believe that this merger is a great outcome for our customers, communities, employees and shareholders and positions us for continued success."
This press release contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include: management plans relating to the merger transaction with Comunibanc, any statements of the plans and objectives of management for future operations, products or services, any statements of expectation or belief; projections related to certain financial metrics; and any statements of assumptions underlying any of the foregoing. Forward-looking statements are typically identified by words such as "believe," "expect," "anticipate," "intend," "seek", "plan", "will", "would", "target" "outlook," "estimate," "forecast," "project" and other similar words and expressions or negatives of these words. Forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time and are beyond our control. Forward-looking statements speak only as of the date they are made. Civista does not assume any duty and does not undertake to update any forward-looking statements. Because forward-looking statements are by their nature, to different degrees, uncertain and subject to assumptions, actual results or future events could differ, possibly materially, from those that Civista anticipated in its forward-looking statements, and future results could differ materially from historical performance. Factors that could cause or contribute to such differences include, but are not limited to, those included under Item 1A "Risk Factors" in Civista's Annual Report on Form 10-K for the year ended December 31, 2021, and those disclosed in Civista's other periodic reports filed with the Securities and Exchange Commission (the "SEC").
These risks, as well as other risks associated with the merger transaction, are more fully discussed in the joint proxy statement/prospectus, as filed by Civista and Comunibanc with the SEC pursuant to Rule 424(b)(3) on April 18, 2022 for Comunibanc's June 10, 2022 Special Meeting of Shareholders.
Civista Bancshares, Inc. is a $3.2 billion financial holding company headquartered in Sandusky, Ohio. Prior to the merger, Civista's banking subsidiary, Civista Bank, operated 35 locations in Northern, Central and Southwestern Ohio, Southeastern Indiana and Northern Kentucky. Upon completion of the merger, Civista will be an approximately $3.5 billion financial holding company, and Civista Bank will operate an additional seven locations in Northwestern Ohio. Additional information on Civista may be accessed at www.civb.com, but information at that website is not part of this press release nor is it part of any filing by Civista with the Securities and Exchange Commission. Civista's common shares are traded on the NASDAQ Capital Market under the symbol "CIVB".
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SOURCE Civista Bancshares, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/01/civista-bancshares-inc-completes-acquisition-comunibanc-corp/ | 2022-07-01T20:59:00Z |
- The company announces a major upgrade to its digitalized energy management platform Q.OMMAND, incorporating Samsung Electronics' heat pumps into solar panels (PV) and energy storage systems (ESS).
- With soaring gas prices in Europe increasing demand for non- fossil fuel-based heating systems, Qcells' smart energy solutions is expected to provide a cleaner, more affordable way to heat their houses.
SEOUL, South Korea and BERLIN, Sept. 15, 2022 /PRNewswire/ -- Qcells, a completely clean energy solution provider owned by Hanwha Solutions, today introduced a comprehensive energy management solution that can help to reduce electricity and heating bills for European households.
Connecting Qcells' solar modules (PV) and energy storage systems (ESS) to Samsung Electronics' heat pumps (Eco Heating System, EHS), Q. OMMAND mobile apps enable customers to optimize their power consumption by controlling the alternative heating system run by affordable, clean electricity.
Consumers can install Qcells solar modules to generate clean PV electricity, and store it with smart battery system Q. HOME CORE. The electricity produced with this Qcells PV+ESS solution is then used to power heat pumps and Q. OMMAND provides the best way to consume electricity with real-time monitoring and year-to-year analysis.
The consumers can also reduce electricity bills for other home appliances with Samsung's Smart Things Energy Iot platform. Using its "Net Zero Home" solutions, households can automatically switch home appliances to energy-saving mode at night or on cloudy days. The solar-powered heat pumps and energy management platform were unveiled at 2022 IFA.
Amid soaring gas prices in Europe, solar-powered heat pumps are fast emerging as an alternative to fossil fuel-based heating systems. Incorporating this technology into Qcells' smart energy management system can offer households a viable solution to tackling energy security at a time of global challenges.
The worsening energy crisis in Europe is accelerating demand for renewable-based heat pumps to reduce reliance on fossil gas for heating homes. According to the REPower EU Plan, the European Commission aims to install 20 million heat pumps by 2026 and nearly 60 million by 2030.
"Heating bills are poised to soar for this winter, and powering heat pumps with solar energy can reduce the burden," said a Qcells spokesperson. "With our innovative PV and ESS technology, we will continue to work with our partners to provide comprehensive clean energy solutions."
About Qcells
Qcells is one of the world's leading clean energy companies, recognized for its established reputation as a manufacturer of high-performance, high-quality solar cells and modules, portfolio of intelligent storage systems, and growing international pipeline of large-scale renewable energy projects. Qcells also provides renewable electricity retail services and packages to end customers the world over. The company is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Qcells offers Completely Clean Energy through the full spectrum of photovoltaic products, storage solutions, renewable electricity contracting and large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Qcells provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: https://www.q-cells.us/en/main.html
Safe-Harbor Statement
This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Qcells' operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Qcells does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Hanwha Solutions | https://www.kxii.com/prnewswire/2022/09/15/qcells-aims-tackle-eu-energy-crisis-with-solar-powered-heat-pumps-qommand-smart-energy-platform/ | 2022-09-15T08:49:06Z |
BELTON — Services for Matthew Charles Potts, 33, of Austin will be 10 a.m. Friday at Vista Community Church in Temple with Andy Davis officiating.
Mr. Potts died Thursday, July 7.
He was born Oct. 25, 1988, in Temple to Rob and Brenda Potts. He graduated from Belton High School in 2007. He was a member of the Centex Storm Soccer Club and the First Baptist Church of Belton. He graduated from Texas A&M University in 2012 with a bachelor’s degree in computer science. He worked in construction management for many national companies and was employed by Broaddus Construction Company as a project manager.
Survivors include his parents of Belton; a sister, Kristy Potts Demers of Austin; and two brothers, Robert Potts and Michael Potts, both of Belton.
Memorials may be made to the Belton Education Enrichment Foundation, 400 N. Wall St., Belton, TX 76513.
Visitation will be 5-7 p.m. Thursday at Dossman Funeral Home in Belton. | https://www.tdtnews.com/obituaries/article_671878b6-0193-11ed-9298-bb5795650a78.html | 2022-07-12T04:36:20Z |
With Three-Year Revenue Growth of 299%, Upgrow Ranks in the Top 0.3% of America's Fastest-Growing Private Companies
SAN FRANCISCO, Aug. 18, 2022 /PRNewswire/ -- Today, Inc. revealed that Upgrow is No. 2013 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"The last few years have been a wild ride - expanding our services and talented team while simultaneously continuing to scale sales. Making the Inc. 5000 list is a highly visible recognition of outstanding contributions from our team, clients, vendors, and network." - Ryder Meehan, Co-CEO
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19.
Complete results of the Inc. 5000, including company profiles and an interactive database can be found at www.inc.com/inc5000.
"The accomplishment of building one of the fastest-growing companies in the US, in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
"We're really proud of where we've gotten and what we've been able to achieve in just a matter of a few years, and we're really excited to position our agency as a leader in accelerating growth for remarkable brands in B2B tech/SaaS. This is just the beginning, as we continue to expand our team and services in order to deliver exceptional value to our clients." - Danny Ng, Co-CEO
Launched in 2018, Upgrow is a performance digital marketing agency generating revenue through Paid Media and SEO for high-growth B2B tech companies.
Upgrow works with brands to create a highly customized conversion-optimized web design, paid media strategies, SEO programs, and complete digital marketing solutions with consistent results.
www.upgrow.io
Chelsea Queen, Administrative Coordinator (chelsea@upgrow.io)
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be US-based, privately held, for-profit, and independent.
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SOURCE Upgrow | https://www.wibw.com/prnewswire/2022/08/18/upgrow-makes-prestigious-2022-inc-5000-annual-list/ | 2022-08-18T17:14:16Z |
Results driven by robust loan growth, expanding margins, stable deposits and resilient credit.
GREEN BAY, Wis., July 21, 2022 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated" or "Company") today reported net income available to common equity ("earnings") of $84 million, or $0.56 per common share, for the quarter ended June 30, 2022. These amounts compare to earnings of $71 million, or $0.47 per common share, for the quarter ended March 31, 2022 and earnings of $86 million, or $0.56 per common share, for the quarter ended June 30, 2021.
"Employment trends and business confidence within our core footprint markets remain strong," said President and CEO Andy Harmening. "During the second quarter, we saw line utilization revert to normalized pre-pandemic levels and we supported commercial customers as they continued to grow and expand. We also continued to support consumer households in their purchases of homes and autos across our markets. The combination of commercial and consumer growth led to one of our strongest and more diversified loan growth quarters in the company's history. We complemented this growth with net deposit growth and further improving credit trends. Margins expanded, reflecting our core asset sensitivity, and we remain well-positioned to further support our customers in the quarters ahead."
"While we are pleased with the progress we've made on our strategic initiatives, we are mindful of the shifting economic environment and have continued our disciplined focus on credit quality," Harmening continued. "Our recent growth and profit expansion affords us the option to be selective in our growth strategies as we move forward."
Second Quarter 2022 Highlights (all comparisons to the first quarter of 2022)
- End of period total commercial loans were up $1.2 billion to $16.8 billion
- End of period total consumer loans were up $766 million to $9.7 billion
- End of period total deposits were up $171 million to $28.6 billion
- Quarterly net interest margin was up 29 basis points to 2.71%
- Noninterest income was up $1 million to $75 million
- Noninterest expense was up $8 million to $181 million
- Provision for credit losses on loans was zero, compared to a negative provision of $4 million
- Net income available to common equity was up $13 million to $84 million
Loans
Second quarter 2022 average total loans of $25.4 billion were up 5%, or $1.3 billion, from the prior quarter and were up 5%, or $1.3 billion, from the same period last year. With respect to second quarter 2022 average balances by loan category:
- Commercial and business lending (excluding PPP) increased $572 million from the prior quarter and increased $1.2 billion compared to the same period last year to $9.6 billion.
- Commercial real estate lending increased $186 million from the prior quarter and increased $204 million from the same period last year to $6.4 billion.
- Consumer lending was $9.4 billion, up $572 million from the prior quarter and up $630 million from the same period last year.
- PPP loans decreased $30 million from the prior quarter and decreased $687 million from the same period last year to $14 million.
Second quarter 2022 period-end total loans of $26.5 billion were up 8%, or $2.0 billion, from the prior quarter and were up 11%, or $2.5 billion, from the same period last year. With respect to second quarter 2022 period-end balances by loan category:
- Commercial and business lending (excluding PPP) increased $868 million from the prior quarter and increased $1.4 billion from the same period last year to $10.2 billion.
- Commercial real estate lending increased $337 million from the prior quarter and increased $384 million from the same period last year to $6.6 billion.
- Consumer lending was $9.7 billion, up $766 million from the prior quarter and up $1.2 billion from the same period last year.
- PPP loans decreased $8 million from the prior quarter and decreased $396 million from the same period last year to $10 million.
In 2022, we now expect full-year total commercial loan growth of approximately $1.7 billion and auto finance loan growth of approximately $1.3 billion.
Deposits
Second quarter 2022 average deposits of $28.2 billion were down 2%, or $477 million, compared to the prior quarter and were up 3%, or $700 million, from the same period last year. With respect to second quarter 2022 average balances by deposit category:
- Noninterest-bearing demand deposits decreased $183 million from the prior quarter and increased $64 million from the same period last year to $8.1 billion.
- Savings increased $153 million from the prior quarter and increased $561 million from the same period last year to $4.7 billion.
- Interest-bearing demand deposits decreased $309 million from the prior quarter and increased $534 million from the same period last year to $6.4 billion.
- Money market deposits decreased $120 million from the prior quarter and decreased $71 million from the same period last year to $6.9 billion.
- Time deposits decreased $58 million from the prior quarter and decreased $254 million from the same period last year to $1.3 billion.
- Network transaction deposits increased $41 million from the prior quarter and decreased $133 million from the same period last year to $776 million.
Second quarter 2022 period-end deposits of $28.6 billion were up 1%, or $171 million, compared to the prior quarter and were up 5%, or $1.3 billion, from the same period last year. Low-cost core deposits (interest-bearing demand, noninterest-bearing demand and savings) made up 67% of deposit balances as of June 30, 2022. With respect to second quarter 2022 period-end balances by deposit category:
- Noninterest-bearing demand deposits decreased $230 million from the prior quarter and increased $87 million from the same period last year to $8.1 billion.
- Savings increased $47 million from the prior quarter and increased $526 million from the same period last year to $4.7 billion.
- Interest-bearing demand deposits increased $173 million from the prior quarter and increased $820 million from the same period last year to $6.8 billion.
- Money market deposits increased $247 million from the prior quarter and increased $129 million from the same period last year to $7.8 billion.
- Time deposits decreased $65 million from the prior quarter and decreased $249 million from the same period last year to $1.2 billion.
- Network transaction deposits (included in money market and interest-bearing deposits) increased $129 million from the prior quarter and increased $20 million from the same period last year to $892 million.
Net Interest Income and Net Interest Margin
Second quarter 2022 net interest income of $216 million increased $37 million, or 20%, from the same period last year and increased $28 million, or 15%, from the prior quarter. The net interest margin increased to 2.71%, reflecting a 34 basis point increase from the same period last year and a 29 basis point improvement from the prior quarter.
- The average yield on total loans for the second quarter of 2022 increased 26 basis points from the same period last year and increased 35 basis points from the prior quarter to 3.16%.
- The average cost of total interest-bearing liabilities for the second quarter of 2022 was flat to the same period last year and increased 10 basis points from the prior quarter to 0.36%.
- The net free funds benefit for the second quarter of 2022 decreased 1 basis point compared to the same period last year and increased 2 basis points from the prior quarter to 0.10%.
We now expect short-term interest rates to rise by 75 basis points following the Federal Open Market Committee (FOMC) meeting in July and expect a 25 basis point increase at each remaining FOMC meeting this year. Based on these assumptions, we now expect our 2022 net interest income to exceed $890 million.
Noninterest Income
Second quarter 2022 total noninterest income of $75 million increased $2 million, or 3%, from the same period last year and increased $1 million, or 1%, from the prior quarter. With respect to second quarter 2022 noninterest income line items:
- Mortgage Banking, net was $6 million for the second quarter, down $2 million from the same period last year and down $2 million from the prior quarter, driven by slowing refinance activity and higher retention of mortgages on our balance sheet.
- Card-based fees increased slightly from the same period last year and increased $2 million from the prior quarter.
- Service charges and deposit account fees increased $1 million from the same period last year and decreased slightly from the prior quarter.
- Wealth management fees decreased $1 million from the same period last year and decreased $1 million from the prior quarter.
We continue to expect total noninterest income for the year of between $290 million and $300 million.
Noninterest Expense
Second quarter 2022 total noninterest expense of $181 million increased $7 million, or 4%, from the same period last year and increased $8 million, or 5%, from the prior quarter. With respect to second quarter 2022 noninterest expense line items:
- Personnel expense increased $6 million from the same period last year and increased $8 million from the prior quarter.
- Occupancy expense decreased $1 million from the same period last year and decreased $2 million from the prior quarter.
We now expect total noninterest expense of approximately $730 million to $740 million for 2022.
Taxes
The second quarter 2022 tax expense was $23 million compared to $22 million of tax expense in the same period last year and $19 million of tax expense in the prior quarter. The effective tax rate for second quarter of 2022 was 21.2% compared to an effective tax rate of 20.1% in the prior quarter.
We expect the 2022 effective tax rate to be approximately 21%, assuming no change in the statutory corporate tax rate.
Credit
The second quarter 2022 provision for credit losses on loans was zero, compared to a negative provision of $4 million in the prior quarter and a negative provision of $35 million in the same period last year. With respect to second quarter 2022 credit quality:
- Nonaccrual loans of $108 million were down $39 million from the same period last year and down $35 million from the prior quarter. The nonaccrual loans to total loans ratio was 0.41% in the second quarter, down from 0.61% in the same period last year and down from 0.58% in the prior quarter.
- Second quarter net charge offs were negligible compared to net charge offs of $5 million in the same period last year and net recoveries of $2 million in the prior quarter.
- The allowance for credit losses on loans (ACLL) of $318 million was down $47 million compared to the same period last year and flat to the prior quarter. The ACLL to total loans ratio was 1.20% in the second quarter, down from 1.52% in the same period last year and down from 1.30% in the prior quarter.
Throughout the remainder of 2022, we expect to adjust provision to reflect changes to risk grades, economic conditions, other indications of credit quality, and loan volume.
Capital
The Company's capital position remains strong, with a CET1 capital ratio of 9.7% at June 30, 2022. The Company's capital ratios continue to be in excess of the Basel III "well-capitalized" regulatory benchmarks on a fully phased in basis.
SECOND QUARTER 2022 EARNINGS RELEASE CONFERENCE CALL
The Company will host a conference call for investors and analysts at 4:00 p.m. Central Time (CT) today, July 21, 2022. Interested parties can access the live webcast of the call through the Investor Relations section of the Company's website, http://investor.associatedbank.com. Parties may also dial into the call at 877-407-8037 (domestic) or 201-689-8037 (international) and request the Associated Banc-Corp second quarter 2022 earnings call. The second quarter 2022 financial tables with an accompanying slide presentation will be available on the Company's website just prior to the call. An audio archive of the webcast will be available on the Company's website approximately fifteen minutes after the call is over.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $37 billion and is Wisconsin's largest bank holding company. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.
FORWARD-LOOKING STATEMENTS
Statements made in this document which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements regarding management's plans, objectives, or goals for future operations, products or services, and forecasts of its revenues, earnings, or other measures of performance. Such forward-looking statements may be identified by the use of words such as "believe," "expect," "anticipate," "plan," "estimate," "should," "will," "intend," "target," "outlook," "project," "guidance," or similar expressions. Forward-looking statements are based on current management expectations and, by their nature, are subject to risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. Factors which may cause actual results to differ materially from those contained in such forward-looking statements include those identified in the Company's most recent Form 10-K and subsequent SEC filings. Such factors are incorporated herein by reference.
NON-GAAP FINANCIAL MEASURES
This press release and related materials may contain references to measures which are not defined in generally accepted accounting principles ("GAAP"). Information concerning these non-GAAP financial measures can be found in the financial tables. Management believes these measures are meaningful because they reflect adjustments commonly made by management, investors, regulators, and analysts to evaluate the adequacy of earnings per common share, provide a greater understanding of ongoing operations and enhance comparability of results with prior periods.
Investor Contact:
Ben McCarville, Vice President, Director of Investor Relations
920-491-7059
Media Contact:
Jennifer Kaminski, Vice President, Public Relations Senior Manager
920-491-7576
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SOURCE Associated Banc-Corp | https://www.mysuncoast.com/prnewswire/2022/07/21/associated-banc-corp-reports-second-quarter-2022-net-income-available-common-equity-84-million-or-056-per-common-share/ | 2022-07-21T21:45:28Z |
Trump loses appeal, must testify in New York civil probe
NEW YORK (AP) — Former President Donald Trump must answer questions under oath in New York state’s civil investigation into his business practices, a state appeals court ruled Thursday.
A four-judge panel in the appellate division of the state’s trial court upheld Manhattan Judge Arthur Engoron’s Feb. 17 ruling enforcing subpoenas for Trump and his two eldest children to give deposition testimony in Attorney General Letitia James’ probe.
Trump had appealed, seeking to overturn the ruling. His lawyers argued that ordering the Trumps to testify violated their constitutional rights because their answers could be used in a parallel criminal investigation.
“The existence of a criminal investigation does not preclude civil discovery of related facts, at which a party may exercise the privilege against self-incrimination,” the four-judge panel wrote, citing the Fifth Amendment right against self-incrimination.
Message seeking comment were left with lawyers for the Trumps and with James’ office. The Trumps could still appeal the ruling to the state’s highest court, the Court of Appeals.
James, a Democrat, has said her investigation has uncovered evidence Trump’s company, the Trump Organization, used “fraudulent or misleading” valuations of assets like golf courses and skyscrapers to get loans and tax benefits.
Thursday’s ruling could mean a tough decision for Trump about whether to answer questions, or stay silent, citing his Fifth Amendment right against self-incrimination. Anything Trump says in a civil deposition could be used against him in the criminal probe being overseen by the Manhattan district attorney’s office.
At a hearing prior to Engoron’s Feb. 17 ruling, Trump’s lawyers argued that having him sit for a civil deposition is an improper attempt to get around a state law barring prosecutors from calling someone to testify before a criminal grand jury without giving them immunity.
A lawyer for the attorney general’s office told Engoron that it wasn’t unusual to have civil and criminal investigations proceeding at the same time, and Engoron rejected a request from lawyers for the Trumps to pause the civil probe until the criminal matter is over.
Last summer, spurred by evidence uncovered in James’ civil investigation, the Manhattan district attorney’s office charged the Trump Organization and its longtime finance chief, Allen Weisselberg, with tax fraud, alleging he collected more than $1.7 million in off-the-books compensation. Weisselberg and the company have pleaded not guilty.
___
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Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/26/court-rules-trump-must-answer-questions-under-oath-ny-investigation/ | 2022-05-26T16:26:41Z |
New York City Mayor Eric Adams tests positive for Covid-19, spokesperson says
By Dakin Andone, CNN
New York City Mayor Eric Adams tested positive for Covid-19 on Sunday, according to a statement from a spokesperson.
“This morning, Mayor Adams woke up with a raspy voice and, out of an abundance of caution, took a PCR test that has now come back positive,” press secretary Fabien Levy said in the statement Sunday.
“At this time, the mayor has no other symptoms, but he is already isolating and will be canceling all public events for the remainder of the week,” the statement said. “He is also going to immediately begin taking the anti-viral medications offered for free to New York City residents and encourages all New Yorkers eligible for these medications to take them as well.”
“While he is isolating, he will continue to serve New Yorkers by working remotely,” Levy added.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Sonia Moghe and Athena Jones contributed to this report. | https://localnews8.com/news/2022/04/10/new-york-city-mayor-eric-adams-tests-positive-for-covid-19-spokesperson-says/ | 2022-04-10T18:27:45Z |
MANCHESTER, England (AP) — Cristiano Ronaldo’s fifth goal in three games salvaged a point for Manchester United in a 1-1 draw against Chelsea on Thursday that further damaged his team’s chances of a top-four finish in the Premier League.
Ronaldo ran onto a ball over the Chelsea defense from Nemanja Matic and delivered a clinical finish in the 62nd minute, two minutes after Marcos Alonso gave the visitors the lead.
Reece James later curled a shot against the post for Chelsea, which dominated the first half but found United goalkeeper David de Gea in fine form.
With only three games left to play in the league, United stayed in sixth place — five points behind fourth-place Arsenal and having played two matches more than its rival for Champions League qualification.
Tottenham is between the two teams, in the fifth spot, with three more points than United and two games in hand.
Chelsea consolidated third place and is six points above Arsenal.
Ronaldo came into the game having scored a hat trick against Norwich and another goal against Arsenal in his previous two games.
On 17 goals, Ronaldo is tied with Son Heung-min in second place in the Premier League scoring chart behind Mohamed Salah.
“Not only the goal Cristiano scored but his whole performance, his attitude at age of 37, this is not normal to do that,” interim United manager Ralf Rangnick said. “If he plays like he did today he can still be a big help to this team.”
The buildup was dominated by reports that Rangnick was considering taking over as Austria’s national team coach as well as more protests against the Glazer family’s ownership.
Some protesters entered Old Trafford in the 17th minute, having missed a minute for each of the Glazers’ 17 years in charge.
“Glazers out” read a banner above the tunnel before kickoff at Old Trafford, where a mixture of De Gea’s saves and poor-decision making meant Chelsea failed to turn their 11 shots into a deserved halftime lead.
Thomas Tuchel’s team finally broke the deadlock when Alonso volleyed home following Kai Havertz’s flick-on but Chelsea was unable to build on that.
United defender Victor Lindelof saw a stoppage-time header denied and the highlight of the closing stages was the introduction of 17-year-old talent Alejandro Garnacho for his United debut.
“One team deserved to win and that was us,” Tuchel said. “We didn’t take it. It was a very, very good performance but we were not decisive enough. We lacked a bit of determination in the box to win the game.
“It sometimes happens. It’s on us to learn from it. You need to be clinical to get the reward. We have to live with a point but it’s not a fair result.”
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ronaldo-salvages-1-1-draw-for-man-united-against-chelsea/ | 2022-04-29T07:16:13Z |
SALISBURY, Md., June 2, 2022 /PRNewswire/ -- As part of a commitment to environmental stewardship, Perdue Farms associates recently joined Oyster Recovery Partnership (ORP) representatives to build oyster cages to support the Marylanders Grow Oysters program to improve the health of the Chesapeake Bay watershed. The partnership also aligns with the company's "Delivering Hope To Our Neighbors®" initiative to improve quality of life and build strong communities.
"The Oyster Recovery Partnership has led the way in efforts to protect and preserve the regional oyster population, and we're proud to continue our partnership with ORP that highlights our company commitment to environmental stewardship and strengthening the vitality of the Bay watershed through this volunteer effort," said Drew Getty, vice president of environmental sustainability and government relations for Perdue Farms.
The Maryland Grows Oysters program, an initiative of the Maryland Department of Natural Resources, provides an opportunity for waterfront property owners to grow oysters from their piers to be planted on local oyster sanctuary preserves around the Bay watershed to help rebuild the oyster population.
The cages are used to support the growth of young oysters during their most vulnerable first year of life. Once the oysters are about one inch in size, they are planted on local sanctuaries where their filtration powers will be put to work enriching tributaries' ecosystems and providing habitat for marine life, such as fish and crabs.
"Perdue Farms is a long-time supporter of efforts to clean up the Chesapeake Bay," said Paul Schurick, director of ORP partnerships. "The work of Perdue associates will have a direct and meaningful impact on oyster restoration and improve water quality."
This marks Perdue's 13th year partnering with ORP for community-based conservation efforts. Learn more about how Perdue is helping protect the health of the Chesapeake Bay watershed.
"At Perdue, our stewardship value guides us in our commitment to protect the environment and we take great pride in efforts that enable our associates to give back for the betterment of our community and the environment," said Mark Patterson, project coordinator for Perdue's oyster volunteer efforts.
We're a fourth-generation, family-owned, U.S. food and agriculture company. Through our belief in responsible food and agriculture, we are empowering consumers, customers, and farmers through trusted choices in products and services.
The premium protein portfolio within our Perdue Foods business, including our flagship PERDUE® brand, Niman Ranch®, Panorama Organic Grass-Fed Meats®, Coleman Natural®, and Yummy®, as well as our pet brands, Spot Farms® and Full Moon®, is available through various channels including retail, foodservice, club stores, and our direct-to-consumer website, PerdueFarms.com.
Perdue AgriBusiness is an international agricultural products and services company.
Now in our company's second century, our path forward is about getting better, not just bigger. We never use drugs for growth promotion in raising poultry and livestock, and we are actively advancing our animal welfare programs. Our brands are leaders in no-antibiotics-ever chicken, turkey, pork, beef and lamb, and in USDA-certified organic chicken and beef. Learn more at Corporate.PerdueFarms.com.
The Oyster Recovery Partnership has a 20-year-history of bringing together state and federal government agencies, scientists, watermen, and conservation organizations with the common goal of oyster restoration. ORP has planted more than 9 billion oysters on 3,000 acres of reef and recycled more than 250,000 bushels of oyster shell. For more information about the Oyster Recovery Partnership, visit oysterrecovery.org or call 410-990-4970.
The Marylanders Grow Oyster program is managed by the Maryland Department of Natural Resources in conjunction with the Oyster Recovery Partnership, the University of Maryland Center for Environmental Science, and local organizations. For more information about Marylanders Grow Oysters, visit this link.
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SOURCE Perdue Farms | https://www.mysuncoast.com/prnewswire/2022/06/02/perdue-associates-join-oyster-recovery-partnership-build-oyster-cages-support-bay-watershed-restoration/ | 2022-06-02T15:57:05Z |
Russia’s central bank cut interest rates back to their prewar levels Friday, saying inflation and economic activity were developing better than expected despite sweeping Western sanctions imposed in response to the war in Ukraine.
The bank lowered its key rate by 1.5 percentage points, to 9.5%. The rate had been as high as 20% in the wake of the Feb. 24 invasion of Ukraine and the resulting sanctions by the U.S., European Union and other nations that restrict dealings with Russian banks, individuals and companies.
Economists say that over time the sanctions will corrode growth and productivity, but the central bank has managed to stabilize Russia’s currency and financial system through drastic measures such as high interest rates, restrictions on flows of money out of the country and a requirement that importers sell their foreign currency earnings for rubles.
Those measures have helped push the Russian currency’s exchange rate to 58.12 against the dollar Friday, compared with 78.8 rubles to the dollar on Feb. 23, the day before the invasion.
Inflation was an annual 17% in May but appeared to have passed its post-invasion peak of 17.8% and to be headed down amid lower price increases in May and June, the central bank said. It predicted inflation would average 14% to 17% this year, decline to 5% to 7% next year and return to 4% in 2024.
Recent data pointed to a halt in the decline of business activity in May.
“The external environment for the Russian economy remains challenging and significantly constrains economic activity,” the central bank said.
While the bank has been able to prop up indicators such as the exchange rate, economists say the long-term impact of Russia’s disrupted ties with the global economy will be severe.
On top of sanctions, many international companies have abandoned their investments in Russia due to the increased difficulty of doing business or because they do not want to be associated with the war.
The Institute of International Finance predicts the Russian economy will contract by 15% in 2022, followed by a further 3% decline in 2023, and the country faces the loss of the last 15 years of economic gains. | https://cw33.com/business/ap-business/russias-central-bank-cuts-interest-rates-to-prewar-level/ | 2022-06-10T20:38:59Z |
GLASGOW, Scotland (AP) — Ukrainian soccer star Oleksandr Zinchenko couldn’t hold back the tears as he tried to explain what it means to represent his country’s national team at this moment, with a spot at the World Cup within reach.
Ukraine is two games away from qualifying for the World Cup in Qatar, starting with a match against Scotland in Glasgow on Wednesday — which was postponed in March following Russia’s invasion of Ukraine. The winner at Hampden Park will play against Wales on Sunday in the decisive playoff.
“We want to give incredible emotions to the Ukrainian people because Ukrainians deserve it so much at this very moment,” Zinchenko, the Manchester City defender, said at a news conference. “Our mood, I would describe as a fighting mood, because everyone understands what is going on in Ukraine these days.”
Zinchenko put soccer in perspective, saying the one thing Ukrainians want is “to stop this war” but that those who could follow the game at home would do so.
“I’m pretty sure that all Ukraine who has this opportunity is going to watch us, and we are going to feel this support 100 percent,” he said.
Ukrainian President Volodymyr Zelenskyy gave his blessing for Ukraine’s players and coach Oleksandr Petrakov to leave their homeland to prepare for and play what they hope will be two games in Britain this week.
“Clearly it’s a very difficult task to prepare your team for the game when every single player is thinking about mothers, fathers, close relatives, family back home in Ukraine,” Petrakov said. “We use all sorts of methods, even jokes. We motivate people in a light manner. But clearly every player understands how huge the task is.”
While Zinchenko and nine others in the 26-man squad have continued playing for clubs outside Ukraine since the war started in February, the home-based players have not had a competitive game since December. The national league paused for a midwinter break and never resumed because of Russia’s invasion.
With officials from Scotland and Wales giving their consent for FIFA to postpone the playoffs, Ukraine got extra months to prepare to field a team.
“Firstly, I would like to extend my gratitude to the Scottish national team — to the coaching staff, players, to the whole Scottish people — who have provided Ukraine with this incredible help,” Zinchenko said.
A mutual respect is clear between the two teams ahead of the game.
“Nothing but good thoughts for them and good wishes for them — except during the game,” Scotland coach Steve Clarke said Tuesday. “Because obviously they want to go to Qatar and represent their country. But I’m desperate to go to Qatar with Scotland.”
The Scots and Welsh have their own historical motivation for denying Ukraine the last of the 13 European places at the World Cup. Scotland last went to the tournament 24 years ago and Wales has waited 64 years. Ukraine went to the 2006 World Cup and was a quarterfinalist.
Ukraine has prepared during a month-long training camp in the safety of Slovenia and players from its top clubs Shakhtar Donetsk and Dynamo Kyiv also toured Europe playing games to raise money to help defend Ukraine.
Clarke said Ukraine’s players find themselves in “an incredible situation. They will be ready for the game, no worries.”
He expects Scotland’s fans to respect Ukraine’s national anthem, even applaud it.
Zinchenko appreciated a publicity campaign to help Scottish fans learn the words of the Ukrainian song: “We have to be together, we have to fight Russian aggression, we have to defeat that evil.”
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ukraine-star-zinchenko-in-tears-ahead-of-world-cup-playoff/ | 2022-06-01T02:10:13Z |
WASHINGTON, July 25, 2022 /PRNewswire/ -- The Initiative for the Study of Russian Piracy (ISRP) will launch a new project tomorrow, July 26, to expose the magnitude and potential impact of Russia's looting of Ukrainian assets. To kick off the effort, ISRP will release a report concluding that Russia has looted more than half a million metric tons of Ukrainian grain and 11,000 metric tons of Ukrainian steel.
The illegal activity provides Russia with income and commodities to be used in a war that has killed thousands of Ukrainian civilians. The theft of critical assets has sparked fears of an engineered famine, and the resulting economic impact is already being felt worldwide.
ISRP's lead spokesperson, Fmr. U.S. Undersecretary of State James K. Glassman, will host a media teleconference tomorrow, July 26, at 10:00AM ET to announce the launch of the initiative and discuss the group's investigation. Following a statement, Ambassador Glassman will open the line for questions about ISRP and its efforts.
To RSVP for the teleconference, please email RussiaTheftWatch@gmail.com
Following tomorrow's conference, the report will be available at the group's new resource hub, RussiaTheftWatch, along with supporting documents, current news, and analysis.
"Estimates of Russian looting of Ukrainian assets have been made by other organizations, but this report is unprecedented in its scope and detail. The report relies on the identification of individual incidents, including dates, ship names and origins, tonnage of cargo, and ports of arrival and departure," said ISRP's spokesperson, James K. Glassman, a former U.S. Under Secretary of State. "We will continue to track this criminal theft, and as more data and information are identified, ISRP will provide updates and subsequent reports."
The ISRP report identifies nearly 50 discrete incidents for which evidence is clear that ships were used to transport Ukrainian grain stolen by Russia. An estimated and constantly growing total of more than half a million metric tons of wheat, corn, and barley was shipped. The investigators also found that Russia has taken more than 11,000 metric tons of Ukrainian metal products, largely from the Azovstal Iron and Steel Works plants that had been under siege in Mariupol, with another 28,000 metric tons of steel products loaded onto ships, and nearly another 200,000 metric tons of metal at the port that can be stolen by Russia at any moment.
The looted steel appears to be taken directly to Russian industrial areas where it may supplement local production, possibly being used to manufacture more weapons of war to be unleashed on civilians in Ukraine and elsewhere. The grain is often shipped directly to Turkey or Syria, and in some cases, passed through Russian ports in order to hide its origin to then be sold into Middle Eastern and other markets or simply stockpiled for later distribution.
"Russian soldiers have always looted during wartimes, but the piracy in Ukraine is unique in breadth and tactics, and the world is paying a heavy price," said Glassman. "Already, the global food supply is at risk and the price of global metals is soaring. If this isn't stopped, the effects could be increasingly severe and long-lasting."
In subsequent reports, the ISRP will also offer recommendations for mitigation of the theft of Ukrainian assets and for compensation by Russia for the loss. For example, approximately $300 billion worth of Russian assets have been frozen (including $38 billion worth in the U.S.). Public officials in Europe and U.S. have recommended confiscating those assets to pay for losses in the war.
About ISRP
ISRP is a group of former U.S. government officials, international trade experts, national security experts, and research analysts concerned by the immediate and long-term impacts of Russia's theft of Ukrainian assets.
These materials are distributed by DCI Group AZ, L.L.C. on behalf of SCM Consulting Ltd. Additional information is available at the Department of Justice, Washington DC.
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SOURCE Initiative for the Study of Russian Piracy | https://www.wibw.com/prnewswire/2022/07/25/new-report-estimates-russia-has-stolen-ukrainian-grain-steel-worth-hundreds-millions-isrp-launches-resource-hub/ | 2022-07-25T22:15:04Z |
LOS ANGELES, June 7, 2022 /PRNewswire/ -- In May, 2022, Ivan, the CEO of PAWAii announced that the Versatile Dog Bowl will be released soon. The debut of this innovative product will address the pain points of dog parents concerning feeding. The PAWAii magic bowl will disrupt the traditional cognition of "dog bowl" and lead the trend of the whole industry.
The versatile dog bowl can effectively meet the different demands of pups and their owners. It comes with a 68-oz capacity, making it perfect for both medium-sized and large-sized dog breeds. In addition, you can detach it to clean and refill. This article tells us more about the magic bowl.
Double Bowls, Double Love
There are two stainless-steel bowls in the PAWAii magic bowl, each for water and food. So, your dog can now drink and eat simultaneously without issues. It is even more helpful if you have multiple pets.
Slow Feeding
Dogs often eat faster than they should. Indigestion caused by excessive swallowing creates problems for them. But with a slow feeder, you can train your dogs to eat only smaller portions of food at once.
This slow feeder dog bowl from PAWAii keeps your dog's eating speed low. It also ensures your dog doesn't vomit or choke on its food, eliminating every possibility of indigestion.
Elevated Position
You can stack both bowls in the PAWAii magic bowl to create an elevated food bowl. The arrangement ensures your dog feeds at a comfortable angle. It also puts less pressure on its neck and joints. If you have dogs dealing with joint or muscle problems, this feeding bowl can be beneficial.
Warm or Cold Meals and Water
This pet bowl from PAWAii allows you to keep water warm or cool depending on weather conditions. If the weather is hot – like in the summer, you can throw a few ice cubes in the bowl and fill it with water. This makes the drinking water cool for your dog.
When it is winter, you can add some warm water to the bowl at the bottom and food to the bowl above. The food in the upper bowl stays warm thanks to the stainless-steel bowl.
Modern & Stylish Design
PAWAii adopted high-quality materials to manufacture this bowl. The smooth, glass-like texture makes it comfortable to touch, while the rubberized feet ensure stability. As a result, your dog cannot mistakenly knock the bowl over, reducing the chances of food spilling to the very minimum.
Easy Maintenance
You can wash the PAWAii dog bowl in the dishwasher. You can also clean with a wet rag and warm water. However, the dishwasher is not the best method to wash the bases of both bowls and their accessories. You can easily detach the stainless-steel bowl inserts for proper cleaning.
Safe Materials
PAWAii combined top-quality ABS and stainless-steel materials to produce this bowl. It is durable, strong, safe, and healthy for pets and their owners.
Product Specifications
Meet the Brand – PAWAii
PAWAii is devoted to creating and fostering pets-pet parents' bonds by creating products that benefit both sides of the relationship. The company shows this by ensuring every product it releases into the market represents top quality and maximum comfort. You can now enjoy your time with your lovely pets with PAWAii products.
In the future, PAWAii will continue to elevate the potential for pet care with new opportunities and broadened possibilities.
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SOURCE PAWAii | https://www.kxii.com/prnewswire/2022/06/07/pawaii-launched-versatile-dog-bowl/ | 2022-06-07T17:52:17Z |
Perforce officially releases Helix Digital Asset Management (Helix DAM) to make versioning, review, and sharing of creative assets easier, faster, and more secure.
MINNEAPOLIS, July 26, 2022 /PRNewswire/ -- Perforce Software, a leading provider of versioning, collaboration, and planning tools across the software development lifecycle, has officially launched a sophisticated solution for artists and designers: Helix DAM (Digital Asset Management). As the latest addition to their Digital Creation and Collaboration suite, Helix DAM lets creative teams in media, entertainment, and game development effectively manage and secure all of their art assets.
As the makers of Helix Core, the industry standard version control system for game development, Perforce saw an overwhelming need from existing customers for a better way to manage the art, 3D models, audio, and video components being used inside their games and other multimedia projects.
Creative teams at game development companies often have difficulty finding their art when they need it, determining if a file is the most recent or approved version, and gaining access to art when connecting remotely. Challenges like these cost teams a lot of time — time they could spend iterating on the art that is so foundational to customers' experience of their products.
Perforce is uniquely positioned to help creative teams solve their data management and workflow issues. "Helix Core enables organizations to collaborate at scale by organizing, versioning and managing asset changes across multiple teams," says Brad Hart, Chief Technology Officer at Perforce. "The question we asked was, how do we make a similar system that improves efficiency for artists and designers? We knew the system needed to be visual, browser-based, and support the files they were creating, so we built Helix DAM specifically for those needs."
Helix DAM is built on top of Helix Core and leverages the version control system's speed, security, and ability to scale endlessly while adding a smart visual layer that lets artists and designers quickly find their creative assets. It automatically generates previews of 3D, 2D, audio, and video files stored in the system so users can find what they need at-a-glance. Helix DAM also makes searching for an asset fast and easy with AI-generated tags, advanced filters, and collection grouping.
"Having something like Helix DAM where you can search files in an intelligent way will save us a considerable amount of time," said Chris Swiatek, Co-Founder of virtual production studio ICVR. Swiatek is a long-time Helix Core user who participated in the Helix DAM Beta.
In addition to quickly finding assets, teams can use Helix DAM to simplify the process of reviewing and iterating on their art. The tool gives them the ability to comment directly on the preview of an asset, eliminating the need to send feedback piecemeal over unsecured channels like email or messenger applications. It lets them see which stage of the review process an asset is in and drag-and-drop it to move forward or back. It also enables teams to reuse an asset for another project with the click of a button.
With Helix DAM, Perforce aims to help artists and designers streamline creative workflows and secure their art. It gives them a single source of truth for their creative assets, empowering them to maximize every piece of art and go to market faster with a higher quality product.
Teams can try Helix DAM free for 14 days, no set up, configuration, or commitment needed.
Perforce powers innovation at unrivaled scale. Perforce solutions future-proof competitive advantage by driving quality, security, compliance, collaboration, and speed – across the technology lifecycle. We bring deep domain and vertical expertise to every customer, so nothing stands in the way of success. Our global footprint spans more than 80 countries and includes over 75% of the Fortune 100. Perforce is trusted by the world's leading brands to deliver solutions to even the toughest challenges. Accelerate technology delivery, with no shortcuts. Get the Power of Perforce.
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PERFORCE U.S.
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SOURCE Perforce Software | https://www.kxii.com/prnewswire/2022/07/26/perforce-transforms-digital-asset-management-gaming-studios-virtual-effects-creators/ | 2022-07-26T13:43:41Z |
NEW YORK, Aug. 15, 2022 /PRNewswire/ -- The Board of Trustees of The Lang School – a private, nonprofit K-12 school serving twice-exceptional (2e) children – recently appointed Dr. Sue Groesbeck as the school's Interim Head of School for the 2022-2023 school year. The Board selected Dr. Groesbeck, an experienced and talented educator, after a deliberate and intensive interview process.
Dr. Groesbeck brings to the position more than 40 years of experience working with independent schools, including a number of Head of School appointments across the United States and Canada.
"Dr. Groesbeck is a deeply passionate, enthusiastic, family-centered educator," said Gavin Simms, Chair of Lang's Board of Trustees. "She is an ideal leader for a moment of transformation and renewal at our school. She shares our vision for a lively, energetic and compassionate learning community in which our twice-exceptional students can thrive, and she prides herself on partnership with families in achieving their goals."
"I am very excited to be at Lang," said Dr. Groesbeck. "The school's halls exude a positive energy that reflects the careful and deliberate preparation of the setting, the strong, flexible curriculum, and the dedicated team of professionals who embody the school's mission. It is an excellent place for 2e students, and I am very enthusiastic about the year ahead."
The Lang School's Board of Trustees has engaged Butler/White Strategies to support its Search Committee in selecting its next Head of School.
The Lang School offers high potential, gifted, and twice exceptional (2E) students in grades K through 12 a child-centered, classroom-based, STEM- and STEAM-driven education informed by the ethics and poetics of the humanities. Our specially trained gifted and special education teachers differentiate both the content and delivery of a rigorous, child-centered, empirically validated education with integrated supports. Visit The Lang School website at www.thelangschool.org.
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SOURCE The Lang School | https://www.kxii.com/prnewswire/2022/08/15/lang-school-welcomes-interim-head-school-dr-sue-groesbeck/ | 2022-08-15T19:49:47Z |
Which Elmo toy is best?
Elmo from “Sesame Street” has been well-known by kids in hundreds of countries for many years. Perhaps reaching peak popularity as a toy during the 1996 Christmas season, Elmo toys continue to make excellent gifts for kids and nostalgic adult fans of “Sesame Street.”
For the best electronic Elmo toy, try Hasbro’s Playskool Friends Tickle Me Elmo. Just like the version from the ‘90s, Tickle Me Elmo laughs and talks when his foot or tummy is pressed.
What to know before you buy an Elmo toy
Is Elmo your favorite?
Elmo is one of the most popular “Sesame Street” characters. If you like the whole cast of “Sesame Street” and not just Elmo, you might want to find toys of other characters to accompany Elmo in your collection. Cookie Monster, Grover, Big Bird, Abby and many others could also be fun toys if a kid already has an Elmo toy or would enjoy having other characters too.
Electronic toys
Elmo toys that move, talk, dance or laugh make for a very interactive experience with a child. However, an Elmo plush with moving parts or plastic and electronic components inside may not be as soft and cuddly. If a child wants an Elmo toy that they can easily carry around and hug, a non-electronic toy may be the better option.
Size
A smaller Elmo doll is a good choice if a child wants to carry it with them everywhere. Easily portable and travel-size Elmo toys are a better option than a large Elmo plush. Depending on what kind of Elmo toy you’re looking for, items can be found in a variety of sizes. From fitting in a child’s palm to requiring both arms to carry, Elmo can take on many shapes and forms.
What to look for in a quality Elmo toy
Softness
Elmo toys should be soft for multiple reasons. It’s easier for children to grab and hold soft fabric than a hard plastic Elmo. Soft Elmo toys are easier to cuddle and safe for young kids to carry around or sit on without any risk of injury. Perhaps most importantly, a soft and fuzzy Elmo toy looks more like the real Muppet.
Durability
Consider how rough the intended user might be with the toy. The best Elmo plushes and toys don’t fall apart easily, but threads, fabric and plastic parts can only hold up to a certain amount of rough play. If durability is a concern, it might be worth getting two of an Elmo toy so that you have a backup if the original sustains serious damage and can’t be repaired.
Play value
Some Elmo toys make sounds and interact with kids when the electronic components are powered on. The best options have buttons or activators hidden on Elmo’s body so that when he’s squeezed or touched, the toy automatically makes sounds to entertain the child.
How much you can expect to spend on an Elmo toy
Simple toys and plush dolls can be found for under $20. If you want an Elmo toy that sings, dances or moves around with electronic components inside, expect to pay more.
Elmo toy FAQ
Are there good Elmo toys other than plushies?
A. There are lots of non-plush Elmo-themed toys featuring the iconic character. Some options are “Sesame Street” figures or hand puppets that help kids imagine their own stories for Elmo and his friends. Learning to control a hand puppet of Elmo is not just a creative activity, but can help a child practice eye-hand coordination and language skills.
What are good Elmo toys for younger kids?
A. Many Elmo plush toys are safe for almost any age. Some other good toys for young children are bath toys or soft toys other than Elmo dolls. Always keep an eye out for small parts or components of toys that could break off and pose a potential choking hazard or other danger for a young kid. It differs depending on the age and the maturity of the child, so use your own judgment when determining appropriate and safe toys for a child.
What’s the best Elmo toy to buy?
Top Elmo toy
Playskool Friends Tickle Me Elmo
What you need to know: The original laughing Elmo toy from the ‘90s gets a modern update from Hasbro for a new generation.
What you’ll love: He has spots on his tummy and foot that can be squeezed to activate his laughter. The toy moves and makes sounds when tickled. It’s safe for kids older than about 18 months. It runs on two AA batteries.
What you should consider: It’s a pretty expensive electronic toy. Some customers reported receiving the wrong item or a defective Elmo that didn’t make sounds as intended.
Where to buy: Sold by Amazon
Top Elmo toy for the money
Sesame Street Little Laughs Tickle Me Elmo
What you need to know: This affordable and portable little Elmo plush toy is a soft and cuddly doll that can talk when you press his belly.
What you’ll love: He has six phrases that are said when his belly is pressed. He measures about 10 inches tall, making it easy for young kids to pick up and carry on their own. This Elmo plush is easy to travel with.
What you should consider: It can only handle surface cleaning and cannot be washed through submersion.
Where to buy: Sold by Amazon
Worth checking out
Sesame Street Plush Bundle featuring Elmo, Cookie Monster and Grover
What you need to know: This set of plush toys includes Elmo, Cookie Monster and Grover, all easy for kids to hold and play with.
What you’ll love: The plush figures are about 10 inches in height and soft, safe for any kids older than 12 months. Each plush has a unique design to resemble an iconic “Sesame Street” character. Hasbro makes other character plush toys at the same scale to match with this little collection.
What you should consider: The plush toys don’t make sounds or move, they’re just soft stuffed dolls. Some customers have reported receiving defective products.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/theme-toys-br/best-elmo-toy/ | 2022-06-14T07:04:21Z |
Larry A. Bruggman, Sr.
Larry A. Bruggman, Sr., age 77 of Temple, died Thursday, June 30, 2022 at a local hospital. Mass of Christian Burial will be celebrated at 3:00pm Thursday, July 7, 2022 at St. Luke Catholic Church, 2807 Oakdale Dr., Temple, Texas, with Rev. John Guzaldo as celebrant. Burial will follow at Bellwood Memorial Park, 8575 Airport Rd., Temple, Texas. The family will receive visitors from 5-7:00pm Wednesday, July 6, 2022 at Scanio-Harper Funeral Home, 3110 Airport Rd., Temple, Texas with recitation of the rosary at 7:00pm.
Larry was born on August 17, 1944 in Herington, Kansas to the late Albert and Josephine Meek Bruggman. He was the eldest of three children. He graduated from Rosebud High School and Sam Houston State University. Larry married Doris Ann Brenek of Belton on February 25, 1973 and they were the first couple to be married in the newly built St. Luke Catholic Church. Larry farmed, was a news carrier for 20 years and was employed for over 20 years at E.R. Carpenter, from which he retired. He was a member of St. Luke Catholic Church in Temple and a member of the K.J.T. Larry enjoyed music, gardening, catfishing, and tinkering with his tractors. His greatest joys were his grandkids and spending time with his family. He was preceded in death by his parents, his wife, Doris Ann Bruggman, on October 9, 2020, a brother-in-law, Edward Brenek, Jr. and a niece, Becky Joy Bienski.
Larry is survived by his three children and nine grandchildren; son, Larry Bruggman, Jr. and his wife, Andrea, and their three children, Caleb, Chloe and Carley Ann of League City; daughter, Lori Ann Kallus and husband, Steven, and three children, Kenlie Jo, Kirtley, and Krislee of La Grange; and son, Mark Bruggman and his wife, Shana, and their three children, Hunter, Hailey and Haiden of Temple. He is also survived by his sisters, Carol Bienski (Pete, Jr.) and Sandra Mayo (Henry) both of Bryan-College Station; his brothers-in-law, Richard Brenek (Betty) of Yarrelton, Marvin Brenek (Cheryl) of Temple, Ernest Brenek (Ann) of Temple, and Albert Brenek of Temple; sister-in-law, Beatrice Brenek of Temple and several nieces and nephews.
Paid Obituary | https://www.tdtnews.com/obituaries/article_6e3101b4-fc88-11ec-9aea-8f5d7bc71dac.html | 2022-07-06T12:19:35Z |
(The Hill) – Rep. Adam Kinzinger (R-Ill.) predicted on Sunday that the 2024 elections will be a “mess” when asked how worried he was about the next time the U.S. votes for president given how divided the country is over who is to blame for the Jan. 6, 2021, Capitol riot.
ABC’s “This Week” moderator George Stephanopoulos said all signs pointed to controversy similar to that seen in the aftermath of the 2020 election, especially with some of former President Trump’s allies in charge of certifying election results on the state level this time, before asking, “How worried are you about 2024?”
“Very worried,” Kinzinger replied to Stephanopoulos. “One of the things we’re focusing on are those [state]-level elections as well, the people that will determine whether they certify an election, you know, what kind of equipment is being used.”
“We focused so much on what goes on in D.C. and Congress and the Senate. But when you have these election judges that are going to people that don’t believe basically in democracy, authoritarians, 2024 is going to be a mess,” he added.
Kinzinger, who is not running for reelection, said one problem within his party is a lack of leadership.
“And wake up, America. Wake up, Republicans, because this is not going to be good for you if you think it is,” Kinzinger added.
Kinzinger’s remarks come during public hearings being held by the House select committee investigating the Capitol insurrection, during which Trump supporters stormed the building in an effort to stop Congress from certifying the results of the 2020 election. The Capitol attack resulted in the deaths of five people.
Kinzinger, one of two Republicans who serves on the committee, said he, his wife and his 5-month child recently received a death threat, though he added he did not worry about being harmed.
“There are people that — there’s violence in the future, I’m going to tell you. And until we get a grip on telling people the truth, we can’t expect any differently,” he said. | https://cw33.com/news/nexstar-media-wire/kinzinger-predicts-2024-elections-will-be-a-mess/ | 2022-06-19T23:07:13Z |
HOUSTON, May 18, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company's common stock repurchase authorization by $175 million to $250 million, and also declared an increase to the quarterly cash dividend.
"We continue to demonstrate strong cash flow and a healthy balance sheet, which has enabled significant capital deployment in 2022. We look to continue growth via acquisitions while also returning capital to our shareholders," said Earl J. Hesterberg, Group 1's President and Chief Executive Officer.
- Share Repurchases & Authorization Increase
The Company announced that its board of directors increased the Company's common stock share repurchase authorization by $175 million to $250 million. The Company also updated their year-to-date repurchase activity of 796,060 shares of common stock at an average price of $179.72 for a total of $143.1 million, which represents 4.6 percent of Group 1's outstanding share count at January 1, 2022. Purchases may be made from time to time, based on market conditions, legal requirements, and other corporate considerations, in the open market or in privately negotiated transactions. The Company expects that any repurchase of shares will be funded by cash from operations. Repurchased shares will be held in treasury.
- Quarterly Cash Dividend Increase
Group 1's board of directors also declared a cash dividend of $0.37 per share for the first quarter of 2022. The dividend represents an increase of 2.8%, or $0.01 per share, from the fourth quarter of 2021, and will be payable on June 15, 2022, to stockholders of record as of June 1, 2022.
Group 1 owns and operates 202 automotive dealerships, 268 franchises, and 46 collision centers in the United States and the United Kingdom that offer 34 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, www.facebook.com/group1auto, and www.twitter.com/group1auto.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of manufacturer incentives, (c) the future regulatory environment, (d) our ability to obtain an inventory of desirable new and used vehicles, (e) our relationship with our automobile manufacturers and the willingness of manufacturers to approve future acquisitions, (f) our cost of financing and the availability of credit for consumers, (g) our ability to complete acquisitions and dispositions and the risks associated therewith, (h) foreign exchange controls and currency fluctuations, (i) the impacts of COVID-19 and the armed conflict in Ukraine on our business and the supply chains upon which our business is dependent, (j) the impacts of any potential global recession, (k) our ability to maintain sufficient liquidity to operate, (l) the risk that proposed transactions will not be consummated in a timely manner, and (m) our ability to successfully integrate recent and future acquisitions. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
Jason Babbitt
Vice President, Treasurer
Group 1 Automotive, Inc.
jbabbitt@group1auto.com
Pete DeLongchamps
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223
cwoods@piercom.com
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SOURCE Group 1 Automotive, Inc. | https://www.wibw.com/prnewswire/2022/05/18/group-1-automotive-board-approves-share-repurchase-authorization-amp-announces-quarterly-cash-dividend/ | 2022-05-18T23:14:53Z |
Gov. DeSantis, Democratic gubernatorial candidates differ on how to fix Florida’s teacher shortage
Orlando, Fla. (Gray DC) - According to the most recent data from the state’s department of education, Florida is short nearly 4,500 teachers. It is a problem Governor Ron DeSantis (R-Fla.) has recently promised to address. Meanwhile, his main Democratic challengers say they have their own ideas on how to fix the issue.
Governor DeSantis says he is focused on giving teachers more moneymaking opportunities while recruiting law enforcement and military veterans to fill the remaining void.
This week, the governor proposed three ideas to fix Florida’s teacher shortage: give first responders with bachelor’s degrees as much as $5,000 signing bonuses, create a teacher apprenticeship program for Floridians with associate’s degrees, and launch a scholarship program so high school teachers can get their master’s degrees.
“The idea that somehow you can never set foot in the classroom until you finally have that four-year degree, you know, I don’t agree with that,” said DeSantis.
Those plans are coupled with an initiative launched last month to help vets get temporary teaching certificates. However, Florida Education Association President Andrew Spar says the governor’s new policies on what teachers can and cannot teach are part of the problem.
“This attempt to divide a wedge between parents and schools, parents and teachers, and create division and chaos on school boards is not something we should embrace,” said Spar.
And Democratic gubernatorial candidates Charlie Crist and Nikki Fried say the state needs to increase teacher’s salaries and overall school funding while decreasing our teachers’ workload.
“People are leaving. And if we aren’t having qualified teachers teaching in the classrooms, we are doing such a disservice to the future of our state,” said Fried.
“They work hard every single day to educate our children. And the governor’s turned his back on them. That’s not right,” said Crist.
The average starting salary for a Florida teacher has increased over the last three years. It is now at least $47,000 which is ninth in the nation. Governor DeSantis says he will have another announcement on the matter in the coming weeks.
Copyright 2022 Gray DC. All rights reserved. | https://www.mysuncoast.com/2022/08/21/gov-desantis-democratic-gubernatorial-candidates-differ-how-fix-floridas-teacher-shortage/ | 2022-08-21T04:53:13Z |
Stanford campus police investigate noose found near dorm as hate crime
By KPIX Staff
Click here for updates on this story
PALO ALTO, California (KPIX) — A noose was found hanging outside a dorm at Stanford University on Sunday and campus police are investigating it as a hate crime.
At about 7:45 p.m. Sunday, someone alerted campus officials about the noose, found in a tree outside Branner Hall, an undergraduate housing facility, according to a message sent to the university community from Vice Provost for Student Affairs Susie Brubaker-Cole and Vice Provost for Institutional Equity, Access and Community Patrick Dunkley.
“We cannot state strongly enough that a noose is a reprehensible symbol of anti-Black racism and violence that will not be tolerated on our campus,” the message reads in part.
It is the third such incident on campus reported in the past four years, according to information on Stanford’s Protected Identity Harm Reporting website.
“We know this horrific discovery will shake our community and we have begun to develop an outreach plan to provide assistance to all who are in need, bearing in mind that this is not the first time this has occurred at Stanford in recent years,” according to the message sent out Sunday evening.
Anyone with information about the noose is asked to contact campus police at (650) 723-9633 or the department’s 24/7 communications center at (650) 329-2413.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/09/stanford-campus-police-investigate-noose-found-near-dorm-as-hate-crime/ | 2022-05-10T02:11:10Z |
Overall Residential Lending Activity Down Annually by 32 Percent, Marking Fastest Decline in Eight Years; Number of New Loans Decreases for Fourth Straight Quarter; Refinance Lending Drops Another 22 Percent While Purchase Mortgages Dip 18 Percent
IRVINE, Calif., June 9, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its first-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 2.71 million mortgages secured by residential property (1 to 4 units) were originated in the first quarter of 2022 in the United States. That figure was down 18 percent from the fourth quarter of 2021 – the largest quarterly decrease since 2017 – and down 32 percent from the first quarter of 2021 – the biggest annual drop since 2014.
The decline, which marked the fourth straight quarterly decrease, resulted from double-digit downturns in purchase and refinance activity, even as home-equity lending rose.
Overall, lenders issued $892.4 billion worth of mortgages in the first quarter of 2022. That was down quarterly by 17 percent and annually by 27 percent. As with the number of loans, the quarterly and annual decreases in the dollar volume of loans were the largest in five and eight years, respectively.
The biggest contributor to the downturn was a decrease in refinance deals. Just 1.45 million residential loans were rolled over into new mortgages during the first quarter of 2022, down 22 percent from the fourth quarter of 2021 and 46 percent from a year earlier. Amid rising mortgage interest rates, the number of refinance mortgages decreased for the fourth straight quarter while the annual drop was the largest since 2014. The dollar volume of refinance loans was down 20 percent from the prior quarter and 42 percent annually, to $470.7 billion.
Refinancing, while still a majority of residential lending activity, also decreased again as a portion of all loans during the first quarter of 2022. They represented 53 percent of all first-quarter mortgages, down from 56 percent in the fourth quarter of 2021 and 67 percent in the first quarter of 2021.
"The drop-off in Q1 refinancing activity is no surprise with mortgage rates rising as rapidly as they have," said Rick Sharga, executive vice president of market intelligence at ATTOM. "But many forecasts expected purchase loans to remain strong in 2022, and even increase in both the number of loans originated and the dollar volume of those loans. The weakness in purchase loan activity shows just how much of an impact the combination of escalating home prices and rising interest rates have had on borrower activity this year."
Purchase-loan activity shrank in the first quarter of 2022 as lenders issued 1.01 million mortgages to buyers. That tally was down 18 percent quarterly and 12 percent annually. The dollar value of loans taken out to buy residential properties dipped to $371.3 billion, down 16 percent from the fourth quarter of last year and 1 percent from the first quarter of 2021. Despite those decreases, purchase loans remained at 37 percent of all loans in the first quarter of 2022 and were still up annually from 29 percent.
In the one category that bucked the trend, home-equity lending went up 6 percent quarterly and 28 percent annually, to 249,900. So-called HELOC mortgages represented 9 percent of all first-quarter residential loans, up from 7 percent in the fourth quarter of 2021 and 5 percent in the first quarter of last year.
The continued shrinkage in overall residential lending during the first quarter reinforced a stark reversal for the mortgage industry following a near-tripling of activity from early 2019 through early 2021. The first-quarter figures come amid multiple forces that threaten to continue the recent trends, including 30-year mortgage rates that have risen past 5 percent this year, an ongoing tight supply of homes for sale around the country that limits the number of home purchases, rising inflation and other uncertainties surrounding the U.S. economy.
They also add to a list of indicators showing that the nation's decade-long housing market boom may be cooling off, including slower price growth, smaller home-seller profits and declining home affordability.
Total mortgages drop at fastest pace in five years
Banks and other lenders issued 2,708,492 residential mortgages in the first quarter of 2022. That was down 18.4 percent from 3,320,689 in the fourth quarter of 2021 and down 32.5 percent from 4,011,939 in the first quarter of 2021. The quarterly decline was the largest since the first quarter of 2017, while the annual decrease was the biggest since the second quarter of 2014. The $892.4 billion dollar volume of loans in the first quarter was down 17.1 percent from $1.08 trillion in the prior quarter and was 27.3 percent less than the $1.23 trillion lent in the first quarter of 2021.
Overall lending activity decreased from the fourth quarter of 2021 to the first quarter of 2022 in 213, or 99 percent, of the 216 metropolitan statistical areas around the U.S. with a population of more than 200,000 and at least 1,000 total residential mortgages issued in the first quarter of 2022. Total lending activity was down at least 10 percent in 183 metros (85 percent) and by at least 20 percent in 90 metros (42 percent). The largest quarterly decreases were in Huntsville, AL (down 62 percent); St. Louis, MO (down 52.2 percent); Augusta, GA (down 40.8 percent); Montgomery, AL (down 37.4 percent) and Des Moines, IA (down 35.8 percent).
Aside from St. Louis, metro areas with a population of least 1 million that had the biggest decreases in total loans from the fourth quarter of 2021 to the first quarter of 2022 were San Jose, CA (down 34.1 percent); Boston, MA (down 31.5 percent); Minneapolis, MN (down 30.4 percent) and Rochester, NY (down 29.6 percent).
The only metro areas with increases in the total number of mortgages from the fourth quarter to the first quarter were Philadelphia, PA (up 11.4 percent); Laredo, TX (up 9 percent) and Sioux Falls, SD (up 7.6 percent).
Refinance mortgage originations down 22 percent from fourth quarter
Lenders issued 1,446,622 residential refinance mortgages in the first quarter of 2022, down 21.7 percent from 1,846,450 in fourth quarter of 2021 and down 45.8 percent from 2,670,304 in the first quarter of 2021. The total was down for the fourth straight quarter, which had not happened since late 2013 into early 2014. The $470.7 billion dollar volume of refinance packages in the first quarter of 2022 was down 19.9 percent from $587.5 billion in the prior quarter and down 42.1 percent from $813.1 billion in the first quarter of 2021.
Refinancing activity decreased from the fourth quarter of 2021 to the first quarter of 2022 in 210, or 97 percent, of the 216 metropolitan statistical areas around the country with enough data to analyze. Activity dropped at least 10 percent in 193 metro areas (89 percent) and by at least 20 percent in 109 metros (50 percent). The largest quarterly decreases were in Huntsville, AL (down 58.1 percent); St. Louis, MO (down 49.8 percent); Augusta, GA (down 47.5 percent); Anchorage, AK (down 45.1 percent) and San Jose, CA (down 41.9 percent).
Aside from St. Louis and San Jose, metro areas with a population of least 1 million that had the biggest decreases in refinance activity from the fourth quarter of last year to the first quarter of this year were San Francisco, CA (down 36.7 percent); San Diego, CA (down 35.9 percent) and Boston, MA (down 34.4 percent).
Counter to the national trend, metro areas with the biggest increases in refinancing loans from the fourth quarter to the first quarter were Philadelphia, PA (up 7.8 percent); Macon, GA (up 4.6 percent); Laredo, TX (up 4.5 percent); Lexington, KY (up 3.9 percent) and Beaumont, TX (up 3.2 percent).
Purchase originations decrease 18 percent in first quarter
Lenders originated 1,011,975 purchase mortgages in the first quarter of 2022. That was down 18.3 percent from 1,238,432 in the fourth quarter and down 11.7 percent from 1,145,767 in the first quarter of 2021. The $371.3 billion dollar volume of purchase loans in the first quarter of 2022 was down 16.2 percent from $443 billion in the prior quarter, although off just 0.8 percent from $374.4 billion a year earlier.
Residential purchase-mortgage originations decreased from the fourth quarter of 2021 to the first quarter of 2022 in 205 of the 216 metro areas in the report (95 percent). Loans issued to buyers dropped at least 10 percent in 169 metro areas (78 percent) and by at least 20 percent in 113 metros (52 percent).
The largest quarterly decreases were in Huntsville, AL (down 61.3 percent); St. Louis, MO (down 55.3 percent); Utica, NY (down 50.7 percent); Lafayette, IN (down 50 percent) and Duluth, MN (down 45.9 percent).
Aside from St. Louis, metro areas with a population of at least 1 million that saw the biggest quarterly decreases in purchase originations in the first quarter of 2022 were Rochester, NY (down 40.8 percent); Boston, MA (down 34.8 percent); Honolulu, HI (down 32.2 percent) and San Jose, CA (down 32.2 percent).
Residential purchase-mortgage lending increased from the fourth quarter of 2021 to the first quarter of 2022 in just 11 of the metro areas reviewed (5 percent). The largest increases included Lafayette, LA (up 16.7 percent); Laredo, TX (up 16.5 percent); College Station, TX (up 16.2 percent); Philadelphia, PA (up 12.8 percent) and Warner Robins, GA (up 12.2 percent).
Aside from Philadelphia, the only metro area with a population of at least 1 million where purchase originations increased from the fourth to the first quarter was Houston, TX (up 2.1 percent).
HELOC lending up 6 percent
A total of 249,895 home-equity lines of credit (HELOCs) were originated on residential properties in the first quarter of 2022, up 6 percent from 235,807 during the prior quarter and up 27.6 percent from 195,868 in the first quarter of 2021. HELOC activity increased for the third time in four quarters after decreasing in each of the prior six quarters. HELOCs comprised 9.2 percent of all first quarter-2022 loans, nearly double the 4.9 percent level from a year earlier. The $50.4 billion first-quarter 2022 volume of HELOC loans was up 8.2 percent from $46.6 billion in the fourth quarter of 2021 and 26.3 percent from $39.9 billion the first quarter of last year.
"With affordability apparently slowing down demand from move-up homebuyers, we're likely to see a continuing increase in HELOCs and cash-out refinance loans, as those homeowners tap into the record $27 trillion of equity to make improvements in their current properties," Sharga added.
HELOC mortgage originations increased from the fourth quarter of 2021 to the first quarter of 2022 in 62 percent of the metro areas analyzed. The largest increases in metro areas with a population of at least 1 million were in Philadelphia, PA (up 26.4 percent); San Jose, CA (up 23.7 percent); Los Angeles, CA (up 23 percent); Miami, FL (up 22.1 percent) and San Antonio, TX (up 19.6 percent).
The biggest quarterly decreases in HELOCs among metro areas with a population of at least 1 million were in St. Louis, MO (down 51.7 percent); Rochester, NY (down 21.4 percent); Oklahoma City, OK (down 12.8 percent); Memphis, TN (down 10.6 percent) and Providence, RI (down 9.8 percent).
FHA loan portion up again while VA share declines
Mortgages backed by the Federal Housing Administration (FHA) rose as a portion of all lending for the third time in the last four quarters, accounting for 281,306, or 10.4 percent, of all residential property loans originated in the first quarter of 2022. That was up from 9.8 percent in the fourth quarter of 2021 and from 8.9 percent in the first quarter of 2021.
Residential loans backed by the U.S. Department of Veterans Affairs (VA) accounted for 152,733, or 5.6 percent, of all residential property loans originated in the first quarter of 2022, down from 6 percent in the previous quarter and 8.4 percent a year earlier. VA lending as a portion of all loans dropped for the sixth straight quarter.
Median down payments drop slightly even as loan amounts increase
The national median down payment on homes purchased with financing again decreased slightly during the first quarter of 2022, the second straight quarterly drop-off, while the typical amount borrowed rose for the fourth quarter in a row, to another new high. At the same time, the ratio of median down payments to home prices also inched downward.
The median down payment on single-family homes and condos purchased with financing in the first quarter of 2022 was $25,200, down 3.1 percent from $26,000 in the previous quarter but still up 24.4 percent from $20,250 in the first quarter of 2021. Among homes purchased with financing in the first quarter of 2022, the median loan amount was $295,075. That was up 0.7 percent from the prior quarter and up 11 percent from the same period in 2021.
Amid those shifts, the typical down payment was 7.2 percent of the purchase price, down from 7.4 percent in the fourth quarter of 2021.
Report methodology
ATTOM analyzed recorded mortgage and deed of trust data for single-family homes, condos, town homes and multi-family properties of two to four units for this report. Each recorded mortgage or deed of trust was counted as a separate loan origination. Dollar volume was calculated by multiplying the total number of loan originations by the average loan amount for those loan originations.
About ATTOM
ATTOM provides premium property data to power products that improve transparency, innovation, efficiency, and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 20TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, property reports and more. Also, introducing our newest innovative solution, that offers immediate access and streamlines data management – ATTOM Cloud.
Media Contact:
Christine Stricker
949.748.8428
christine.stricker@attomdata.com
Data and Report Licensing:
datareports@attomdata.com
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SOURCE ATTOM | https://www.mysuncoast.com/prnewswire/2022/06/09/mortgage-lending-plummets-across-us-first-quarter-amid-sharp-drops-purchase-refinance-activity/ | 2022-06-09T04:49:28Z |
DALLAS (KDAF) — FC Dallas and Toyota Stadium have a new chef in town and she’s bringing the heat along with some refreshing flavors to its mid-summer menu. That menu is set to launch on July 30 when FC Dallas hosts LA Galaxy in Frisco.
The Legends Hospitality team at the venue is now headed by Executive Chef Erika Dabney alongside general manager Kristy Remel. FC Dallas says, “Chef Dabney was appointed Executive Chef of the Stadium, while former Executive Chef Rex Turner has been appointed District Chef for Legends Hospitality guiding the culinary for Toyota Stadium, home of FC Dallas and The Star in Frisco, the Dallas Cowboys world headquarters.”
Toyota Stadium tweeted a video of its new Executive Chef Erika Dabney as she showcased some additions to the venue’s menu during FC Dallas’ 27th Major League Soccer season, “Brand new eats coming to Toyota Stadium! FC Dallas introduced Toyota Stadium’s new Executive Chef Erika Dabney at a special showcase of new mid-summer culinary additions in the midst of the team’s 27th MLS season today.”
Sneak peak at the new menu:
Jerk Spiced Chips with Pineapple Salsa: Casa M Spice Co Jerked Chain dusted tortilla chips with a side of cool house-made pineapple salsa
Location: StadiumDrop, Winners Club Concessions, Gallagher Club
Chorizo Nachos: spicy chorizo, pickled radishes, jalapeño queso, sour cream, fresh cilantro, onions and tomatoes on top of crispy corn tortilla chips
Location: Winners Club
Greek Chicken Bowl: fresh diced cucumbers, red onions, tomatoes, black olives, feta cheese sauce on top of a bed of fresh lettuce, served with a side of crispy house made pita chips, tzatziki sauce and lemon vinaigrette
Location: Winners Club
Monster Burger: fresh beef patty topped with crispy chicken tenders, cheesy mozzarella sticks, drenched in honey mustard on a brioche roll*
Location:* Burgers and More, Chef’s Kitchen
Baked Bean and Brisket Dog: all-beef hot dog topped with sweet baked beans, house smoked BBQ brisket and crunchy potato chips
Location: Bent Buckle
Smoked Turkey Baked Potato: warm baked potato stuffed with Casa M Spice Co Pecking Order seasoned turkey, shredded cheddar cheese, sour cream, sweet and smokey BBQ sauce topped with chopped green onion
Location: Bent Buckle | https://cw33.com/news/local/friscos-toyota-stadium-announces-new-executive-chef-whos-spicing-up-its-menu-with-refreshing-flavors/ | 2022-07-28T20:14:42Z |
THE HAGUE, Netherlands (AP) — Smartly dressed robbers wielding what appeared to be weapons and a sledgehammer snatched jewelry in a brazen heist Tuesday at an international art fair in the southern Dutch city of Maastricht. Police quickly made two arrests and said they were hunting more suspects.
Video purporting to be of the robbery and posted on social media and on the website of Dutch broadcaster NOS showed one man, dressed in slacks, sneakers, a jacket and baseball cap pounding at something out of picture with a sledgehammer as an alarm rang. Three other men, also neatly dressed, stood guard around him. At least two appeared to be brandishing guns.
All four ran off together. Photos from the scene that also were posted on social media showed holes smashed in glass display cabinets at the prestigious TEFAF art fair.
Police said nobody was injured in the robbery. They said the robbers had made off with jewelry, but did not elaborate on what they stole or the value.
Police later said that the two suspects they arrested were Belgians, aged 22 and 26, who were detained in a car with Belgian license plates heading toward the Dutch-Belgian border.
TEFAF organizers did not immediately respond to a request for comment. They later said in a tweet: “Earlier today, #TEFAF was temporarily evacuated due to an incident at the fair. The situation is under control and the fair is still open to visitors and exhibitors.”
Displays of costly art, antiquities, design and jewelry at TEFAF draw buyers and collectors from around the world. The fair, which opened its doors this year for the first time since 2020 due to the COVID-19 pandemic, is slated to run June 25-30. Organizers said 242 dealers from 20 countries were represented this year. | https://cw33.com/news/international/ap-international/police-armed-robbery-at-dutch-art-fair-4-suspects-hunted/ | 2022-06-29T02:42:11Z |
TORTOLA, British Virgin Islands, April 6, 2022 /PRNewswire/ - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the "Company" or "Sailfish") is pleased to announce that, further to the Company's news release dated October 7, 2021, Sailfish is continuing to engage in discussions with 1287398 B.C. Ltd. ("Pubco" or "Swordfish Silver") to complete the previously announced transaction with Pubco (the "Proposed Transaction") with the goal of creating a silver focused exploration and development company pursuant to the terms of a binding letter of intent (the "LOI") with Pubco. The Proposed Transaction is expected to result in the transfer of the Company's wholly owned Gavilanes silver property located in Durango, Mexico (the "Gavilanes Silver Project") to Pubco in exchange for shares of Pubco (the "Gavilanes Acquisition"). Pubco also signed a binding letter of intent with certain funds managed by Wexford Capital LP to acquire the Commonwealth silver and gold property in Cochise County, Arizona (the "Commonwealth Silver-Gold Project"). Closing of the Gavilanes Acquisition is subject to, among other things, Pubco acquiring the Commonwealth Silver-Gold Project in exchange for shares of Pubco, a concurrent private placement financing for proceeds of US$5,000,000 (the "Private Placement"), and receipt of conditional acceptance from the TSX Venture Exchange (the "TSXV") to have Pubco's common shares listed on the TSXV.
Paolo Lostritto, VP Corporate Development of Sailfish states that, "investor and corporate appetite for silver has greatly improved over the past six months. At the same time, the work at both the Gavilanes Silver Project and Commonwealth Silver-Gold Project continue to show signs of significant exploration growth. At the Gavilanes Silver Project, surface geochemical surveys combined with follow-up trenching and sampling have identified several new veins that have yet to be drilled. This supports the view that there is significant exploration potential to expand mineralization at Gavilanes.1 At the Commonwealth Silver-Gold Project, additional geophysical work is being done to refine and prioritize untested low-sulphidation epithermal targets that have remained untested because of a thin colluvial cover. The Commonwealth Silver-Gold Project currently targets a shallow open-pit.2 Once public, Swordfish Silver plans to focus on rapidly expanding the precious metals resource inventory at both projects."
For additional information regarding the Proposed Transaction and the Private Placement, please refer to the Company's news release dated October 7, 2021.
About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are two main assets in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold mine (~3.5 sq. km) and a 2% NSR on the rest of the area (~134.5 sq. km) surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the multi-million ounce Spring Valley gold project in Pershing County, Nevada.
Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under the symbol "SROYF". Please visit the Company's website at www.sailfishroyalty.com for additional information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notes Regarding the U.S. Securities Act:
This press release is not an offer of the securities for sale in the United States. The securities may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and applicable U.S. state securities laws. Pubco will not make any public offering of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Cautionary Notes Regarding the Proposed Transaction:
Completion of the Proposed Transaction is subject to a number of conditions including, but not limited to, entering into a definitive agreement, Pubco's acquisition of the Commonwealth Silver- Gold Project , completion of the Private Placement, closing conditions customary to transactions of the nature of the Proposed Transaction, approvals of all regulatory bodies having jurisdiction in connection with the Proposed Transaction, TSXV acceptance of the disposition of the Gavilanes Silver Project by Sailfish and of listing of Pubco, court approval of the plan of arrangement and, if applicable, shareholder approval.
Investors are cautioned that, except as disclosed in listing statement to be prepared in connection with the proposed listing of Pubco, any information released or received with respect to the proposed transaction may not be accurate or complete and should not be relied upon. The Exchange has in no way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this press release.
Cautionary Notes Regarding Forward-Looking Statements:
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, are forward looking statements, including statements regarding the steps contemplated by the LOI, the completion of the private placement, the Company's views regarding the exploration potential of Gavilanes, the intention of Swordfish to focus on rapid expansion of the precious metals resource inventory at both Gavilanes and Commonwealth upon closing of the Proposed Transaction, and the listing of Pubco on the TSXV. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including that the transactions contemplated by the LOI will be completed, that the Proposed Transaction (including the private placement) will ultimately close, and that the shares of Pubco will be listed on the TSXV. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, capital market conditions for the Private Placement, receipt of TSXV and other regulatory approval for completion of the Proposed Transaction, satisfactory due diligence completed by the parties and satisfaction of other conditions for completion of the Proposed Transaction. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
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SOURCE Sailfish Royalty Corp. | https://www.mysuncoast.com/prnewswire/2022/04/06/sailfish-provides-update-previously-announced-swordfish-silver-transaction/ | 2022-04-07T05:59:46Z |
Winter Weather Advisory issued April 4 at 2:45AM MDT until April 5 at 12:00PM MDT by NWS Riverton WY
* WHAT…Snow expected. Total snow accumulations of 4 to 8 inches,
with the highest amounts in the southwestern mountains. Winds
gusting as high as 60 mph.
* WHERE…Yellowstone National Park.
* WHEN…From noon today to noon MDT Tuesday.
* IMPACTS…Travel will be very difficult. Plan on very slippery
road conditions. Blowing snow will sharply restrict
visibilities.
Slow down and use caution while traveling.
The latest road conditions for the state you are calling from can
be obtained by calling 5 1 1. | https://localnews8.com/weather/alerts-weather/2022/04/04/winter-weather-advisory-issued-april-4-at-245am-mdt-until-april-5-at-1200pm-mdt-by-nws-riverton-wy-2/ | 2022-04-04T11:01:47Z |
Artemis I will carry an unconventional crew when it's expected to lift off Saturday on a journey around the moon.
Rather than astronauts, a mannequin named Commander Moonikin Campos will helm the Orion spacecraft, with two mannequin torsos called Helga and Zohar along for the ride.
The Artemis program aims to land the first woman and the first person of color on the moon and eventually deliver astronauts to Mars.
The inaugural mission will test out the new Space Launch System rocket, Orion spacecraft and multiple components designed to make deep space travel safer for humans.
Mannequins in a spacecraft with enviable views of the moon may sound like some sort of joke, but these three passengers will serve as canaries in the coal mine of space.
Orion will travel 40,000 miles (64,373 kilometers) beyond the moon, breaking the record set by Apollo 13, to go farther than any spacecraft intended to carry humans.
This is far from low-Earth orbit, where the International Space Station circles the Earth. Orion's future crews will be exposed to deep space radiation -- especially once they venture for longer stays on the moon and set off for Mars.
Moonikin's mission
Commander Moonikin Campos' name, picked via a public contest, is a nod to Arturo Campos, a NASA electrical power subsystem manager who aided in the troubled Apollo 13's safe return to Earth. The mannequin, sporting the Orion Crew Survival System suit, can collect data on what future human crews might experience.
The suit has been designed for Artemis astronauts to wear during launch and reentry, and it is outfitted with two radiation sensors.
It can sustain a crew member for up to six days in the event of an in-space emergency, something that has never been attempted before, said Dustin Gohmert, Orion Crew Survival Systems project manager at NASA's Johnson Space Center in Houston.
"You can almost think of it as a personalized spacecraft -- a secondary but much more personalized spacecraft that protects the crew member, provides them pressure, oxygen, cooling and any other life-sustaining functions that are needed," Gohmert said.
With new safety features, Commander Moonikin Campos' seat resembles that of a race car's, with a cocoon forming around its occupant, he said. The seat has shock absorbers in case of landing in rough seas or other scenarios.
Phantom twins
Twin mannequins Helga and Zohar have a separate mission. The two torsos are based on phantoms, used for radiation treatment planning in hospitals, said Thomas Berger, Helga and Zohar principal investigator at the German Aerospace Center.
Both phantoms are made of materials that mimic the soft tissue, organs and bones of a woman. Their epoxy resin forms even resemble human lung and brain tissue to test how radiation passes through the human body.
The torsos have more than 5,600 sensors and 34 radiation detectors to measure how much radiation exposure occurs within different organs during the mission.
The mannequins are part of the Matroshka AstroRad Radiation Experiment, or MARE, a collaboration between the German Aerospace Center, the Israel Space Agency, NASA and institutions across multiple countries.
Zohar will wear AstroRad, a radiation protection vest, to test how effective it could be if future crews encounter a solar storm, while Helga will be unprotected.
Solar storms unleashed by the sun can last for days or weeks. The developers of AstroRad hope that the vest would allow future Artemis crews to continue performing daily activities despite space weather. The vest is made of thousands of shielding cores that can protect vital human organs against solar energy particles.
Combating space radiation
Different organs have different susceptibilities to space radiation, said Ramona Gaza, the MARE science team lead at Johnson Space Center.
The MARE project aims to measure the differences between how specific organs, such as the brain, respond to radiation.
Previously, different limits of radiation exposure have been set for astronauts on the space station.
A June 2021 report by the US National Academies of Sciences, Engineering and Medicine suggested a new standard limit for all astronauts regardless of age or gender: 600 millisieverts of radiation over the course of a career, Gaza said.
"Millisieverts measure the health effect of low doses of ionizing radiation on the human body," according to the report.
Not all scientists have accepted previous studies showing discrepancies in the different responses between men and women to radiation, Gaza said.
Data returned by the Artemis I mission could have an impact on the standard limit for male and female astronauts.
"The United States of America is half men, half women. Well, space should be at least that," said Reid Wiseman, chief of the Astronaut Office at Johnson Space Center. "So if we cannot make these spacecraft equitable, and we can't fly any type of person on them, then we need to look at our systems and reevaluate."
Meanwhile, NASA's astronauts are doing everything they can to prepare for the Artemis missions by training in virtual reality situations and in environments that simulate lunar conditions, he said.
The agency hopes to announce the Artemis II crew, slated to take astronauts on a similar journey around the moon, later this year, according to Wiseman. Artemis II is expected to launch in 2024.
"To me, it's just the most awe-inspiring moment that we've had here at NASA," Wiseman said.
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Stacker compiled a list of the counties with the oldest homes in Georgia using data from the U.S. Census Bureau. Click for more. | https://www.albanyherald.com/news/meet-commander-moonikin-campos-the-mannequin-going-farther-than-any-astronaut/article_3f1ad15d-1fa4-5e13-b24e-2b47045b932c.html | 2022-09-01T17:42:14Z |
Transition to third-party manufacturing is the latest step by Peloton to simplify its supply chain and optimize its cost structure
NEW YORK, July 12, 2022 /PRNewswire/ -- Peloton Interactive, Inc. (NASDAQ: PTON) ("Peloton" or the "Company") today announced it is exiting all owned-manufacturing operations and expanding its current relationship with leading Taiwanese manufacturer Rexon Industrial Corp.
The shift is a natural progression in Peloton's strategy to simplify its supply chain and focus on technology and best-in-class content to continue driving the business forward as the leading global Connected Fitness company.
Rexon will become the primary manufacturer of the hardware for Peloton's iconic Bike and Tread product lines. Along with this expanded partnership, Peloton will be suspending operations at its Tonic Fitness Technology, Inc. facility through the remainder of 2022. The Company acquired Tonic in October 2019.
Peloton Chief Supply Chain Officer Andy Rendich said, "We are thrilled to be expanding our partnership with Rexon, a leading Taiwanese manufacturer with over 50 years of experience. Rexon has been with Peloton for many years and is a proven partner for our global operations. We plan to maintain a significant corporate and manufacturing presence in Taiwan with over 100 Peloton Taiwan team members who continue to play a key role in our engineering and manufacturing strategy."
Peloton CEO Barry McCarthy said, "Today we take another significant step in simplifying our supply chain and variablizing our cost structure – a key priority for us. We believe that this along with other initiatives will enable us to continue reducing the cash burden on the business and increase our flexibility. Partnering with market-leading third party suppliers, Peloton will be able to focus on what we do best – using technology and content to help our 7 million Members become the best versions of themselves."
Rexon CEO Rex Wang said, "We are thrilled to be expanding our relationship with Peloton as the Company reaffirms its commitment to Taiwan. For years, Rexon has worked side by side with Peloton to produce the hardware behind its iconic and industry-leading products. We are grateful for the opportunity to play an even greater role in the Company's manufacturing and look forward to continued collaboration in the future."
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our expectations regarding our ability to implement, execute, complete, or realize our strategy of simplifying our supply chain, optimizing our cost structure, and focusing on technology and content; our plans to exit our owned-manufacturing operations in Taiwan and expand our relationship with third-party suppliers including Rexon; our plans to maintain a corporate and manufacturing presence in Taiwan; and our engineering and manufacturing strategy, are forward-looking statements. The words "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "could," "would," "project," "plan," "target," and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions.
We have based these forward-looking statements on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions and other important factors that could cause actual results to differ materially from those stated, including, without limitation: our ability to accurately forecast consumer demand of our products and services and adequately maintain our inventory; our reliance on and lack of control over third-party suppliers, contract manufacturers and logistics partners for our Connected Fitness Products; and those risks and uncertainties described in the sections titled "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part I, Item 2 and "Risk Factors" in Part II, Item 1A of our Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2021, as updated by the section titled "Risk Factors" in Part II, Item 1A of our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2022, as such factors may be further updated in our filings with the Securities and Exchange Commission, which are available on the Investor Relations page of our website at https://investor.onepeloton.com/investor-relations and on the SEC website at www.sec.gov.
You should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. Our forward-looking statements speak only as of the date of this press release, and we undertake no obligation to update any of these forward-looking statements for any reason after the date of this press release or to conform these statements to actual results or revised expectations, except as required by law.
Peloton is the leading interactive fitness platform in the world with a loyal community of more than 7 million Members. The Company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that motivate its Members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its Members love. Consumers can access the brand's immersive content through the Peloton Bike, Peloton Tread, Peloton Bike+, Peloton Guide and Peloton App, which allows access to a full slate of fitness classes across disciplines, on any iOS or Android device, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV. Organizations and enterprises can access select Peloton products and the platform for their teams and customers through Peloton Corporate Wellness or Peloton Commercial. Founded in 2012 and headquartered in New York City, Peloton has a growing number of retail showrooms across the US, UK, Canada, Germany, and Australia. For more information, visit www.onepeloton.com.
Contacts
Investor Relations Contact:
Peter Stabler
investor@onepeloton.com
Media Contact:
Ben Boyd
press@onepeloton.com
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SOURCE Peloton | https://www.kxii.com/prnewswire/2022/07/12/peloton-exits-owned-manufacturing-expands-partnership-with-leading-taiwanese-manufacturer-rexon/ | 2022-07-12T11:11:17Z |
Waverly man suffers serious injuries in Osage Co. wreck
Published: Jul. 19, 2022 at 10:51 PM CDT|Updated: 46 minutes ago
TOPEKA, Kan. (WIBW) - A Waverly, KS, man was transported to Topeka in serious condition following an Osage Co. wreck.
The Osage Co. Sheriff’s Office says Ronald Carolan, 50, was driving his motorcycle south on Hwy 75 Tuesday. The Sheriff’s Office says responders were dispatched just before 5 p.m. Tuesday to the Dragoon River bridge, about five miles north of Lyndon, where Carolan lost control because of a tire failure. He was then taken from the scene in serious condition.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/20/waverly-man-suffers-serious-injuries-osage-co-wreck/ | 2022-07-20T04:38:28Z |
JACKSON, Miss. and BILOXI, Miss., Aug. 15, 2022 /PRNewswire/ -- Trustmark National Bank ("Trustmark"), a wholly-owned subsidiary of Trustmark Corporation (NASDAQGS: TRMK), and The Peoples Bank, whose parent company is Peoples Financial Corporation (OTCQX Best Market: PFBX) are pleased to announce that the two companies have completed the sale of substantially all the assets of Trustmark's Corporate Trust business to The Peoples Bank.
Trustmark's Corporate Trust business has been focused on providing a wide variety of trust and agency services in connection with debt securities issued by public corporations and government entities. Through this transaction, approximately 200 bond issues were transitioned to The Peoples Bank.
"This transition supports our focus on strategic initiatives that will help our company grow, become more efficient and serve our customers with new and innovative products and services as we move forward," stated Duane Dewey, Trustmark's President and Chief Executive Officer. "The seamless transition process of the Corporate Trust business portfolio to The Peoples Bank has underscored our confidence that this transaction will be positive for the Corporate Trust customers. We are most pleased that these customers will enjoy the same level of service from The Peoples Bank team that they have come to expect from Trustmark," said Dewey.
"We are delighted to add this additional book of corporate trust business to our existing portfolio and look forward to serving these customers," said Chevis C. Swetman, President and Chief Executive Officer of The Peoples Bank. "We are excited about this unique opportunity to leverage our outstanding existing corporate trust footprint and believe the addition of this book of business will build on the strong foundation established by The Peoples Bank and confirm our position as a leader in the corporate trust arena."
Trustmark will continue to offer specialized services and expertise through its Wealth Management Division in the areas of private banking, brokerage, trust, retirement plan services, investment and portfolio management and custodial services for corporate and individual customers and non-profit organizations.
About Trustmark Corporation
Trustmark Corporation is a financial services company providing banking and financial solutions through offices in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Visit trustmark.com for more information.
About The Peoples Bank, Biloxi, Mississippi
Founded in 1896, The Peoples Bank operates 18 branches along the Mississippi Gulf Coast in Hancock, Harrison, Jackson and Stone counties. In addition to offering a comprehensive range of retail and commercial banking services, The Peoples Bank also operates a trust and investment services department that has provided customers with financial, estate and retirement planning services since 1936.
The Peoples Bank is a wholly-owned subsidiary of Peoples Financial Corporation, listed on the OTCQX Best Market under the symbol PFBX. Additional information is available on the company's website at www.thepeoples.com and at the website of the Securities and Exchange Commission at www.sec.gov.
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SOURCE Peoples Financial Corporation | https://www.wibw.com/prnewswire/2022/08/15/trustmark-completes-sale-corporate-trust-business-peoples-bank-biloxi-mississippi/ | 2022-08-15T22:00:05Z |
Couple died of carbon monoxide poisoning at Sandals resort in Bahamas, pathologist finds
KNOXVILLE, Tenn. (WVLT/Gray News) – A Tennessee couple died from carbon monoxide poisoning in a villa at Sandals Emerald Bay resort on Exuma Island earlier this month, according to a report by The Nassau Guardian.
Robbie and Michael Phillips were two of the three people found dead after getting sick on the resort in the Bahamas on May 6.
The two were married for 43 years and owned a travel agency, Royal Travel, in Maryville, Tennessee.
The couple complained of nausea, vomiting and other symptoms the night of May 5, and were treated at a local medical facility, according to Bahamas Health Minister Dr. Michael Darville.
The following day, both were found dead in their hotel room. According to CBS, Michael Phillips was found slumped against a wall while Robbie Phillips was on their bed, and both showed signs of convulsion.
Donnis and Vincent Paul Chiarella, who were visiting from Florida, were staying in a separate villa near the Michael and Robbie Phillips. Vincent Paul Chiarella was also found dead, while his wife was airlifted to a Florida hospital in serious condition.
The Nassau Guardian reported that the pathologist was expected to release the findings of the autopsy and toxicology report Monday.
The Phillipses are survived by their three children and six grandchildren, according to their obituaries. Friends and family of the couple mourned at their funerals this past weekend.
Copyright 2022 WVLT via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/24/couple-died-carbon-monoxide-poisoning-sandals-resort-bahamas-pathologist-finds/ | 2022-05-24T16:04:39Z |
New report identifies market sizing, consumer, menu and operator insights related to the global breakfast category
CHICAGO, July 26, 2022 /PRNewswire/ -- Technomic just released the Breakfast Global Menu Category Report, providing robust coverage, including consumer food and beverage preferences; segment patronage; key global, regional and local restaurant brands; and menu trends and insights on new product development strategies.
"The breakfast category remained largely resilient throughout the global pandemic, and now presents an opportunistic daypart for many restaurant operators and supplier partners," explains Aaron Jourden, director of global research and insights at Technomic. "Consumers are back to using restaurants and foodservice outlets as normality returns to everyday life, but their attitudes, preferences and even venue types vary from country to country."
Key findings include:
- 24% of consumers globally source their breakfast from a restaurant or foodservice venue, down just 2% from pre-pandemic
- 48% of consumers in Mexico dine at a full-service eatery for breakfast—the highest percentage in North America for this segment
- 39% of consumers globally purchase a breakfast sandwich on occasion, with some of the highest popularity in Chile (53%) and Malaysia (45%)
- Four of the five most-preferred breakfast beverages among consumers globally are hot preparations, including hot coffee, hot tea, hot specialty coffee and hot chocolate
The report is a deliverable included in Technomic's Global Foodservice Navigator, which provides ongoing tools to keep at the forefront of evolving consumer, menu and operator trends on both a country and global level.
Learn more: https://www.technomic.com/reports/global-menu-category-reports
Contact: Patrick Noone, (312) 506-3852, pnoone@technomic.com
About Technomic
Technomic Inc., a Winsight company, was founded as a management consulting firm in 1966. Since then, Technomic's services have grown to encompass cloud-based B2B research tools, consumer and menu trend tracking and other leading strategic research and analytic capabilities, to prioritize and size business opportunities. Our clients include food manufacturers and distributors, restaurants, retailers and multiple other business verticals aligned with the food industry that are looking to make informed decisions to support their business growth. Visit Technomic at www.technomic.com.
About Winsight
Winsight LLC is a business-to-business information company serving the restaurant and noncommercial foodservice, convenience and petroleum retailing and grocery industries. Winsight provides research and analytics, branding solutions, face-to-face opportunities, lead generation initiatives, and content marketing services through products including subscription data products, reports, research tools, research programs, fully custom studies, conferences, custom marketing services, meetings, print and digital trade media. To learn more, visit winsightmedia.com
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SOURCE Technomic | https://www.kxii.com/prnewswire/2022/07/26/technomic-reveals-global-opportunities-breakfast/ | 2022-07-26T13:45:39Z |
PRAIRIE DU SAC, Wis. , June 28, 2022 /PRNewswire/ -- Mueller Sports Medicine, a trusted leader in sports medicine for more than 60 years, has partnered with Mego Afek, a pioneer with over 40 years of experience in sequential compression therapy, to offer athletes and consumers a treatment for improved circulation and recovery.
REVIVE™, our newest offering in the Mueller® Recovery Care® line, is a rechargeable, portable, pneumatic compression device used to gently massage muscle tissues to promote lymphatic uptake, thereby removing inflammatory byproducts associated with hard workouts, extended periods of standing or sitting, and swelling.
REVIVE™ offers true and customizable graduated compression through overlapping chambers with highly controlled pressure throughout the treated area. The devices are backed by world-recognized clinical studies showing effective movement of lymphatic fluid and increased circulation during treatment1.
"As athletes and athletic trainers want faster and more controlled recovery, they should be looking to Mueller® Recovery Care® REVIVE™ devices," said John Cayer, President of Mueller Sports Medicine. "REVIVE™ offers 40 years of technical expertise, the most cycles, and longest battery life."
REVIVE™ is offered in two models: the M4 pneumatic pump console will offer Bluetooth connection and full customizability for treatment times and pressures, and the M2 will offer elegant simplicity while still allowing control of treatment time and compression. Both M4 and M2 models are registered and approved by the FDA as a class II medical device. REVIVE™ M4 and M2 models have industry-leading batteries with up to 8 hours of use per charge, so it can easily be used while traveling.
The garments are made of materials that are easy to clean and biocompatible. Each console will include two leg garments. Arm, half vest with arm, calf boots, full pants, and core garments will also be available. Arm and leg garments are bilateral, so "left" and "right" purchases don't need to be made.
REVIVE™ will be available in the USA starting August 1, 2022, found through your local Mueller Sports Medicine representative, by calling Mueller directly at 1-800-356-9522, online at muellersportsmed.com, or Amazon.
1 Effect of pneumatic compression therapy on lymph movement in lymphedema-affected extremities, as assessed by near-infrared fluorescence lymphatic imaging: Aldrich, MB, et. al; Journal of Innovative Optical Health Sciences Vol. 10, No. 02 (2017)
Mueller Sports Medicine, Inc. was founded more than 60 years ago by former University of Wisconsin basketball player turned registered pharmacist, Curt Mueller, who coined the term "sports medicine." The company was based on developing better products to protect athletes from injury and enhance their performance and has expanded into the overall health and wellness segment for all audiences.
Mueller, which continues to be a family-owned company, was the first company to offer knee braces with the patented Triaxial Hinge (U.S. Patent Nos. 4,726,362 and 4,573,455) designed to properly track the knee joint and provide near-normal motion. Other products include HydraCinn® fabric, a moisture-management system that is soft, comfortable, durable and breathable for long term use, Mueller® Green, an earth-friendly line of braces and supports, and Mueller® TYPHOON Kinesiology Tape, featuring a revolutionary wave pattern adhesive that moves with the skin and muscles. Other brands include Sport Care®, Thor®, Omniforce®, PFTape®, Hot Stuff®, Hg80® featuring HydraCinn® fabric , Stickum™, MTape®, ProStrips®, Athletic Care®, Recoil® and Quench Gum®.
The extensive line of sports medicine products can be found in more than 100 countries. www.muellersportsmed.com.
Mego Afek specializes in developing and manufacturing medical and aesthetic pneumatic compression therapy systems for home care, clinics, and hospitals, with more than 40 years of experience.
Mego Afek's pneumatic compression systems are the most advanced, clinically proven giving its users the highest standard of care together with top compliance and ease of use for improving health, wellbeing, and quality of life.
Mego Afek has three main product lines, The Lympha Press® which is the global leading brand for treatment of lymphedema, venous insufficiency, and venous stasis ulcers. The Phlebo Press® DVT, the next generation of DVT prevention and the Ballancer® Wellness & aesthetic treatment systems for lymphatic drainage, body shaping and spa applications.
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SOURCE Mueller Sports Medicine | https://www.kxii.com/prnewswire/2022/06/28/mueller-sports-medicine-offers-next-generation-high-performance-compression-therapy-both-consumers-athletes-with-revive/ | 2022-06-28T11:59:03Z |
The Great Retention helps organizations improve the employee experience through educational podcasts, live events, and online community.
ATLANTA, Aug. 3, 2022 /PRNewswire/ -- In late March, Cooleaf launched The Great Retention, a community and podcast series focused on employee experience. The series, aimed at bringing people-first organizations together and highlighting employee engagement leaders, has featured ten high-profile guests from diverse backgrounds since its debut. Recent guests include Donald Knight, Chief People Officer of Greenhouse Software, and Nigel Zelcer, CoFounder and Managing Partner at Jabian Consulting.
With years of experience in the human resources space, Donald Knight holds advanced degrees in business and HR from Cornell and Virginia Commonwealth University. Knight's passion and sole mission is helping organizations empower top talent to do their best work. Knight credits a people-first mentality as the secret to unlocking talent in today's world globally through Greenhouse, the hiring software company on a mission to improve employee retention at every company.
In his role as CPO, Knight provides global strategy and leadership in developing and administering talent management programs.
Knight joined Cooleaf co-founder, John Duisberg for episode 8 of TGR to discuss Greenhouse's growing commitments to Diversity, Equity, Inclusion, and allyship, sharing that an increased sense of belonging across its distributed, global workforce serves as a driver of growth.
"70% of our workforce is geographically distributed globally across the world, and we want our entire team to feel celebrated and engaged," Knight said. "We represent what the world really looks like. Our workforce diversity goals are a constant improvement on how we can continue to evolve and have even more nationalities represented. At the same time, we want people to feel like they belong here. Our goal is to curate these experiences where we bring people together very intentionally so that when you go back out, and you're distributed, you're still a part of Greenhouse."
Episode 9 found Duisburg joined by Nigel Zelcer of Jabian Consulting. Jabian, a top business consulting firm specializing in strategic management and IT consulting, encourages 100% of its staff to find their passion by employing their skill set in the community. Company culture is structured around a belief that layoffs are avoided at all costs and that people are valued first.
Since founding Jabian in 2006, Zelcer has grown the consulting firm into one of the industry's most respected organizations, while developing an equitable work culture designed around the principles of "conscious capitalism."
Zelcer sat down with Duisberg to share his vision for Jabian's growth as a "conscious capitalist" organization. Among Zelcer's principles for maintaining a phenomenal work environment? Safety, empathy, and embracing change.
"There are things we've done since day one to create the culture that we have," shared Zelcer. "For example, we do employee surveys about once a year and they take about an hour to do – that's a long commitment. About 94% of all employees will complete it and most of the questions are open-ended and say, what can we do better? What we take from that is 2-3 initiatives every year that we make into employee strategic initiatives for the following year. We're a continuous improvement organization and this is just one example of cultural change. It changes daily, but how can you improve that culture?"
Episodes 1-10 of The Great Retention Podcast are available now for streaming on Apple Podcasts, Google Podcasts, Spotify, Youtube, Stitcher, and The Great Retention's website. Subscribe for a free monthly update with the latest episodes and news on The Great Retention and the future of work.
Contact
Melissa Perry, Senior Marketing Manager at Cooleaf
marketing@cooleaf.com
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SOURCE Cooleaf | https://www.kxii.com/prnewswire/2022/08/03/great-retention-podcast-highlights-industry-leaders-donald-knight-greenhouse-jabian-consultings-nigel-zelcer-among-others/ | 2022-08-03T13:45:15Z |
With every silky-smooth sip, this low-sugar varietal is a new fan favorite for wine lovers who want high quality, delicious wine.
LODI, Calif., July 28, 2022 /PRNewswire/ -- FitVine Wine, the maker of delicious, low-sugar, full bodied wines, is introducing the brand's new North Coast Cabernet Reserve. The silky smooth, high-quality Cabernet from the grapes of California's North Coast is now available online on FitVineWine.com. FitVine Wine was created for people who want to enjoy a balanced lifestyle filled with fun, fitness, relaxation, and of course, really good wine.
"Our North Coast Cabernet Reserve is a very special addition to the FitVine family of wines," said Tom Beaton, CEO and co-founder of FitVine Wine. "There are two factors that impact the flavor of wine: the grapes and the fermentation process. The grapes for this new variety come from the North Coast of California. They are picked at the perfect moment and go through the same fermentation process as our other varietals. We take an 'old world wine' approach and ferment our wines for as long as possible to get deep flavor while reducing residual sugar. That's how we get them to taste so good while maintaining low sugar content, no flavor additives, and only the good stuff!"
FitVine Wine is a pioneer of the better-for-you (BFY) wine category. Nevertheless, it could be said that the brand is in a category of its own. FitVine Wine is full-bodied and full-alcohol like traditional wines but contains no flavor additives and is processed to be gluten-free and is 100% vegan. So FitVine can really play to both sides of the coin and be enjoyed by people who like the flavor of traditional wines but want a wine that has no flavor additives and is transparent with their nutritional label. It's a win-win for wine lovers!
"Our new North Coast Cabernet Reserve is no exception to our really good, low-sugar, no-nonsense wines for people who want a high-quality, less pretentious wine at a good price," said Mark Warren, president and co-founder of FitVine Wine. "Our fans know that our wine contains the best possible ingredients and is crafted with the cleanest possible process. People deserve a good wine. That's why we do what we do."
Order your new favorite wine online on FitVineWine.com (Continental U.S.). The SRP for FitVine's new North Coast Cabernet Reserve is $19.99.
Enjoy beautiful images of FitVine Wine here.
About FitVine Wine
FitVine was founded by friends Mark Warren and Tom Beaton who wanted to create a wine brand for people who care about living well. Established in 2015, FitVine Wine offers delicious, lower sugar, full-alcohol wines for people who seek adult beverages that taste good and fit their lifestyle without compromising on flavor or quality. FitVine offers red, white, and sparkling varieties that pair perfectly with all of life's best moments. FitVine wines are gluten-free and vegan friendly with no flavor additives. Learn more at FitVineWine.com.
Media Contact:
Briana Alberghini
briana@freshcommunications.com
(774)-269-3394
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SOURCE FitVine Wine | https://www.wibw.com/prnewswire/2022/07/28/fitvine-wine-introduces-their-new-north-coast-cabernet-reserve/ | 2022-07-28T19:06:37Z |
Products Honored as "Best Remote Learning Partner", "Best College & Career Readiness Solution" and "Best Library Reference or Educational Database"
BOSTON, June 21, 2022 /PRNewswire/ -- Global edtech company Cengage Group today announced three of its products have been named winners of 2022 Software and Information Industry Association (SIIA) CODiE Awards. Online learning platform MindTap was named "Best Higher Education Remote Learning Partner," DHO Health Science from National Geographic Learning was named "Best College and Career Readiness Solution" and Gale's Political Extremism and Radicalism database was named "Best Library Reference or Educational Database."
"We're thrilled to have our products and technology recognized by the SIIA," said Chelsea Valentine, Chief Technology Officer at Cengage Group. "Across our different markets, our customers need solutions that can support in-person and remote learning, help prepare students for college and career, and deliver the best reference experience. It's validating to know we're meeting that need head-on."
Cengage 2022 CODiE Award winners include:
- Best Higher Education Remote Learning Partner: MindTap - Cengage Group's flagship online learning platform, is used to power teaching and learning in in-person, online or hybrid course formats. MindTap enables instructors to create personalized learning experiences to engage students and boost performance, while delivering access to their eTextbook, study tools, assessments, multimedia and performance analytics. The platform was recognized for new functionalities including the personal study plan and performance reporting, side-by-side activities for students, and the ability for instructors to edit existing assessment content and use a new workflow to create completely new, custom assignments.
- Best College & Career Readiness Solution: DHO Health Science (National Geographic Learning) - This resource reflects the latest research, up-to-date content, diverse artwork, and access to primary sources. This National Geographic Learning winner is hosted on MindTap, National Geographic Learning's transformational portal for teaching and learning. Interactivity, a variety of assessments, and the ability to customize courses offer teachers and students a rich learning experience.
- Best Library Reference or Educational Database: Political Extremism and Radicalism (Gale) - This digital archive series provides insight on unorthodox political groups and movements from both the far right and left of the political spectrum through providing digital access to rare, hard to find primary sources supporting the study of extremism, racism, activism, cultural studies, political science, policy studies, gender studies, sexuality, race, religion, civil rights and many other related areas of research. The archive was recognized for its curriculum support of researching/teaching extremism and activism. This marks the second consecutive year that a Gale Primary Sources archive has won a CODiE award in the best Library Reference or Educational Database category.
"The 2022 EdTech CODiE Award winners exemplify the outstanding products, services and overall innovation that enables learners of all types to connect with educators and educational materials," said SIIA President Jeff Joseph. "We are so proud to recognize this year's honorees – the best of the best – that provide solutions to many of the critical challenges facing learners today – from access and equity, to personalized and tailored learning and beyond. Congratulations to all of this year's CODiE Award winners!"
The full list of winning products can be found at: https://www.siia.net/2022-codie-ed-tech-winners/
With more than 100 years serving learners, Cengage Group is a global edtech company that enables student choice. No matter how, where, when or why someone wants to learn, our portfolio of education businesses supports all students, from middle school through graduate school and skills education, with quality content and technology. Collectively, our three business units -- Cengage Academic, Cengage Work and Cengage Select -- help millions of students each year in more than 125 countries achieve their education and career goals and lead choice-filled lives Visit us at cengagegroup.com or find us on LinkedIn or Twitter.
The SIIA CODiE Awards is the only peer-reviewed program to showcase business and education technology's finest products and services. Since 1986, thousands of products, services and solutions have been recognized for achieving excellence. For more information, visit siia.net/CODiE.
CONTACT: kristina.massari@cengage.com
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SOURCE Cengage Group | https://www.wibw.com/prnewswire/2022/06/21/three-cengage-group-products-win-2022-siia-codie-awards/ | 2022-06-21T15:15:39Z |
Missouri school district to host listening sessions on LGBTQ ‘safe space for all’ signs
GRAIN VALLEY, Mo. (KCTV/Gray News) - An uproar over a school district pulling down LGBTQ-friendly signs has the district rethinking its approach.
On Monday, a small group of students protested the removal of rainbow-colored “safe space for all” signs that were hung in some classrooms. As the day went on, the backlash grew on social media.
On Tuesday, Grain Valley Schools sent a statement saying the feedback on their sudden decision has prompted them to host listening sessions on the matter.
Some of the reaction was intensely personal.
Justice Horn is now a 20-something Black, gay activist in Kansas City who is vice chairman of the Kansas City LGBTQ Commission and sits on the Jackson County Children’s Services Fund Board. But 11 years ago, he was a student in Grain Valley Schools. What happened this week led him to open up about an experience he’s never before shared publicly.
In 2011, Horn was an eighth-grader at Grain Valley South Middle School. He played in the band and on the football team.
“But I felt alone,” Horn said. “I was bullied for, you know, my sexual orientation and how I talked and how I looked.”
That year, he tried to take his own life. He said stickers like the ones provided to schools by the Gay, Lesbian and Straight Educational Network (GLSEN) might have prevented that. Now, he added, pulling down those signs will undoubtedly make some vulnerable kids feel unwelcome.
Because it’s more than just a sign for some.
“To a queer student that may feel that they don’t have a place in this world, that means the world,” Horn said.
The signs came down suddenly this week. Former students who graduated after Horn told him they’d been up for at least five years.
On Monday, the district sent the following statement on what occurred:
“The School Board recently received a concern about the display of cards and stickers by some high school teachers to signal students could feel safe approaching them regarding personal LGBTQ questions. The Board directed the administration to have the cards and stickers removed.
Our goal is for every classroom to be a safe place for all students, not just in classrooms where teachers choose to display a particular sign.
We remain committed to providing professional development to help our staff create a safe, collaborative, and inclusive environment, consistent with our core beliefs, where each student feels a sense of belonging. The use of these cards, however, is determined to not be an appropriate step at this time.”
“If it was simply a school board member directing administration, why do we need a school board? I mean, this should have been a vote,” Horn remarked.
KCTV emailed the district to ask what the nature of the concern was, in what venue it was presented and when, as well as what action was taken in a public board meeting, but has not yet received a reply.
KCTV checked the agenda for the last board meeting and couldn’t find the topic. The minutes aren’t up yet, and their meetings aren’t video-streamed. At the bottom of every agenda is the question, “Are all decisions made in the best interest of kids?”
Horn says this one was clearly not.
“Kiddos who may not have supportive families, who may not have supportive parents, or who may not even have supportive friends or even a school who supports them, that is a scary thing to know,” he said.
The year Horn considered suicide, his parents transferred him out of the district and he met a teacher he could confide in.
On Tuesday, Grain Valley Schools issued a new statement titled “Next Steps Forward As A Community,” which reads as follows:
“We appreciate the comments we have received since communicating the decision to remove safe place cards and stickers from high school classrooms. The feedback will help us be better.
An inclusive environment is essential, including for our student LGBTQ community. We recognize there is important work ahead of us to ensure an inclusive school environment.
In the upcoming weeks, we will host listening sessions for our community stakeholders, so our students, families, and staff have an opportunity for dialogue. School board members and the administration will participate. We will use this input to drive the action that will follow so that together we become the school district our community expects.”
No dates have been set yet for the listening sessions. KCTV is awaiting clarification on whether the signs will remain down in the interim.
Copyright 2022 KCTV via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/27/missouri-school-district-host-listening-sessions-lgbtq-safe-space-all-signs/ | 2022-04-27T19:21:40Z |
Top ten creative food truck recipe submissions featuring CASTELLO® Creamy Havarti Cheese will go head-to-head for the Grand Prize
BASKING RIDGE, N.J., May 18, 2022 /PRNewswire/ -- CASTELLO®, the makers of irresistibly creamy and authentically Danish Havarti cheese, is giving food truck owners the opportunity to bring home some serious "cheese" with the first-ever "Hype the Havarti Food Truck Challenge!" Now through June 4, Castello is inviting food truck owners from across the country to submit their most creative and crave-worthy recipes featuring Castello Creamy Havarti cheese at www.HypeTheHavarti.com for a chance to be selected as one of ten finalists.
In addition to creating a unique recipe, entrants will also share how they'll "Hype the Havarti" and encourage their fans and communities to test out their new Castello Creamy Havarti cheese menu item. The top ten finalists will be determined based on recipe creativity, consumer appeal and their "Hype the Havarti" ideas. From July 21 – 31, fans will help us determine the Winner by casting votes and engaging with their favorite trucks on social media. $20,000 plus a year's supply of CASTELLO® Creamy Havarti will be awarded to the Winner and one runner-up will also receive a year's supply of CASTELLO® Creamy Havarti cheese!
"We are super excited to kick off this nationwide challenge that will help showcase the endless possibilities that come with Castello Creamy Havarti's creamy, buttery flavor and luxurious meltability," said Kevin Rider, Castello Brand Manager. "Our Creamy Havarti cheese is not only sure to be a family favorite with its versality and approachability, but is also perfect for elevating any recipe – from over-the-top grilled cheese to mouthwatering mac and cheese – and we couldn't think of a more creative group to help get consumers 'hyped' about trying our Havarti cheese!"
Castello is tapping into Roaming Hunger's network of nearly 19,000 food trucks to encourage entries in the challenge. Alyssa Mason, Director of Accounts at RMNG, The Experiential Agency at Roaming Hunger, added, "As experts in the food truck arena, we know first-hand how popular cheese-based recipes are with consumers across the country. We are thrilled to be working with Castello to bring even more unique menu items to the food truck landscape."
The top ten food truck finalists will be announced on or around June 15, giving fans the chance to cast their vote or share #HypetheHavarti on social from July 21 - 31 in support of their favorite recipe. Food truck owners from across the country are encouraged to enter. For Official Rules and to enter the Hype The Havarti Food Truck Challenge, please visit www.HypeTheHavarti.com. For more information and delicious recipes, visit www.CASTELLOCheese.com.
About CASTELLO Cheese
Part of the Arla family, the CASTELLO brand is steeped in a rich tradition of cheesemaking excellence. Since being founded in 1893 by Danish master cheese-maker Rasmus Tholstup, CASTELLO cheeses have brought a balance of innovation and tradition to the art of cheese making. Today, the brand continues to cover a wide range of traditional and uniquely crafted cheeses, such as Creamy Havarti, Aged Havarti, Gouda, Traditional Danish Blue Cheese and more. For more information, visit www.castellocheese.com.
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SOURCE Castello | https://www.wibw.com/prnewswire/2022/05/18/castello-cheese-challenges-food-truck-entrepreneurs-hype-havarti-chance-win-20000/ | 2022-05-18T15:38:20Z |
The first international sponsorship and marketing report focused on European football.
STAMFORD, Conn., June 16, 2022 /PRNewswire/ -- Today, SponsorUnited, the leading global sports and entertainment intelligence platform, released their first international marketing and partnerships report. The 2021-22 European Football Partnerships Report is fortified by data from over 7,000 brands across more than 9,000 deals and from 10 of the top European football leagues (Premier League, LaLiga, Serie A, Bundesliga and Ligue 1, along with each league's corresponding second tier.) This report also contains growth and engagement insights on over 2,750 brands that created collaborative social media content.
Key findings from the report include:
- Construction is the most active sponsorship category for the third consecutive season across European football leagues.
- While Betting deals have declined by 10%, Crypto deals have grown an impressive 140% this season.
- The most searched brands by European football club executives were Crypto.com, FTX, DraftKings, Verizon and Dunkin'.
- Cristiano Ronaldo and Lionel Messi now officially have over 1B followers combined due in part to joining new clubs.
- Transferring teams can offer a huge boost in social following for players.
For more key insights and access to the complete report, download the SponsorUnited 2021-22 European Football Partnerships Report at SponsorUnited.com.
Launched in 2018, SponsorUnited is the leading global sports and entertainment intelligence platform. SponsorUnited enables brands, agencies, and properties to partner intelligently by connecting the entire partnership ecosystem through the most comprehensive data available anywhere.
Over 10M images, 10M assets, 700K deals, 200K brands, 22K properties—across sports, media, music, and events in one SaaS database.
This report was compiled using SponsorUnited's proprietary platform data from July 2021 through May 2022. Social data compiled from property or person-controlled Instagram, Facebook, Twitter, TikTok and LinkedIn accounts and social activity. The leagues included in this report are as follows: Premier League, LaLiga, Serie A, Bundesliga, Ligue 1, EFL Championship, LaLiga 2, Serie B, 2. Bundesliga, Ligue 2.
Media Contact
Lisa Brown: lbrown@sponsorunited.com
Related Links
www.sponsorunited.com
https://www.linkedin.com/company/sponsorunited
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SOURCE SponsorUnited | https://www.wibw.com/prnewswire/2022/06/16/sponsorunited-releases-2021-22-european-football-partnerships-report/ | 2022-06-16T20:32:15Z |
Inspired by Minnesota's Boundary Waters Canoe Area Wilderness, the new line gives special focus to sustainability and environmental preservation.
MINNEAPOLIS, Aug. 25, 2022 /PRNewswire/ -- Goodness Growth Holdings, Inc. ("Goodness Growth" or the "Company") (CSE: GDNS) (OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, today announced the launch of its Boundary Waters line of premium cannabis pre-rolls focused on sustainability and environmental preservation.
Inspired by Minnesota's Boundary Waters Canoe Area Wilderness, which exists within Superior National Forest, Boundary Waters pre-rolls are hand-rolled from premium whole flower and are available in Sativa, Indica and hybrid strains, and can be purchased in five-roll and ten-roll packs. The Company plans to donate a portion of proceeds from the sale of Boundary Waters products to help keep the Boundary Waters clean and safe.
"Our Boundary Waters brand was inspired by the beauty and calm of Boundary Waters Canoe Area Wilderness and the importance of keeping public lands, like the Boundary Waters, clean and safe," said Harris Rabin, Chief Marketing Officer for Goodness Growth. "We take that mission seriously and have applied the concept of environmental preservation to the packaging of our Boundary Waters products."
Boundary Waters pre-rolls come in sustainable packaging, made from 57 percent plant-based materials. The packages are recyclable and made to decompose at an accelerated rate in landfills, if not recycled. The pre-rolls themselves are made with biodegradable paper inserts.
"Minnesota, where our company was founded and is headquartered today, is known for its remote and awesome wilderness and lake-rich geography," said President and Chief Executive Officer, Kyle Kingsley, M.D. "Our team created the Boundary Waters brand to honor Minnesota and to offer our Minnesota patients even more variety, with multi-packs of premium pre-rolls in environmentally friendly packaging. We're proud to offer a wide array of cannabis products, including Boundary Waters, to Minnesotans at our Green Goods® retail stores."
Boundary Waters pre-rolls are made from premium whole flower material and are available at launch in six strains, including Candy Glue, Chem Fruit Funk, Critical Jack, OG Kush, White Wedding and Flap Jacks. Boundary Waters pre-rolls are currently only available in Minnesota at Green Goods® dispensaries operated by the Company's Minnesota subsidiary. Subject to regulatory approvals, the Company plans to expand the Boundary Waters brand to include additional product offerings and other markets.
Goodness Growth Holdings, Inc., is a physician-led, science-focused holding company whose mission is to bring the power of plants to the world. The Company's operations consist primarily of its multi-state cannabis company subsidiary, Vireo Health, Inc., and its science and intellectual property incubator, Resurgent Biosciences, Inc. The Company manufactures proprietary, branded cannabis products in environmentally friendly facilities and state-of-the-art cultivation sites and distributes its products through its growing network of Green Goods® and other retail locations and third-party dispensaries. Its team of more than 500 employees is focused on the development of differentiated products, driving scientific innovation of plant-based medicines, and developing meaningful intellectual property. Today, the Company is licensed to grow, process, and/or distribute cannabis in five markets and operates 18 dispensaries across the United States. For more information about Goodness Growth Holdings, please visit www.goodnessgrowth.com.
Contact Information
Investor Inquiries:
Sam Gibbons
Vice President, Investor Relations
samgibbons@goodnessgrowth.com
(612) 314-8995
Media Inquiries:
Amanda Hutcheson
Senior Manager, Communications
amandahutcheson@vireohealth.com
(919) 815-1476
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SOURCE Goodness Growth Holdings, Inc. | https://www.kxii.com/prnewswire/2022/08/25/goodness-growth-holdings-announces-launch-boundary-waters-pre-rolls-minnesota/ | 2022-08-25T12:58:45Z |
Third quarter revenue of $31.0 million, net GAAP loss of $(29.3) million and Adjusted EBITDA of $15.2 million; Mined 964 Bitcoin and Increased Hashrate by 22%; Increases 2023 Year-end Hashrate Guidance to 22.4 EH/s
LAS VEGAS, Aug. 9, 2022 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three and nine months ended June 30, 2022.
"CleanSpark continued to grow by mining a record number of bitcoin and substantially increasing our hashrate," said Zach Bradford, Chief Executive Officer. "We are optimizing uptime and maximizing profits with our wholly owned locations. We have also made efficient use of our capital by putting new miner purchases to work quickly. Despite macroeconomic headwinds, our results demonstrate the resiliency of our strategy, and we expect to grow in what is otherwise a bear market."
Bradford continued: "In line with our strategy to make CleanSpark a top five publicly traded miner, today we announced two transformative matters. Foremost, we have entered into an asset purchase agreement for the acquisition of a third wholly owned facility, located in Washington, GA. This new facility has 86MW of total capacity, 36MW of which is online and available immediately. An additional 50MW is expected to be available in 2023. We are also announcing that CleanSpark is formally selling its energy business assets. We are now a pure play bitcoin miner. These two announcements represent the closing of one chapter and the opening of another, and I look forward to where our strategic direction is taking us."
"The importance of our Adjusted EBITDA margins is not to be overlooked," said Gary A. Vecchiarelli, CFO. "Our Adjusted EBITDA for the third quarter was approximately $15 million, which represents margins on revenue of 49%. These are great margins and why we are in the bitcoin mining business. Furthermore, our decision to divest energy assets will allow us to focus our time, people, and resources on our core business."
In connection with the decision to classify its energy business assets as "held for sale," the Company has met the accounting criteria for the energy business to be classified as discontinued operations. All results and comparisons for the periods reported are presented on a continuing operations basis with the energy business reported as discontinued operations in certain statements and schedules accompanying this report.
Q3 Financial Highlights
Financial Results for the Three Months Ended June 30, 2022
- Revenues for the quarter grew to $31.0 million, an increase of 22.0 million, or 243%, from $9.0 million for the same prior year period.
- The Company recognized a net loss for the three months ended June 30, 2022, of $(29.3) million increased 76% compared to $(16.7) million for the same prior year period.
- Adjusted EBITDA increased to $15.2 million, reversing negative Adjusted EBITDA of $(1.7) million from the same prior year period.
- The Company also saw sequential revenues decrease in the third quarter compared to the previous quarter. Revenues decreased $6.2 million, or 17%, from the second quarter. Net loss for the third quarter was $(29.3) million, increasing $29.1 million from the second quarter net loss of $(0.2). Adjusted EBITDA was $15.2 million, decreasing 30% from $21.6 million in the second quarter.
In connection with the reclassification of its energy business as discontinued operations, CleanSpark has recorded an impairment charge of ($10.6) million, which is included in the line item "loss from discontinued operations" in the consolidated statements of operations and comprehensive loss.
Balance Sheet Highlights as of June 30, 2022
Assets
- Cash: $2.7 million
- Digital Currency: $10.5 million
- Total Current assets: $29.4 million
- Total Mining assets (including prepaid deposits & deployed miners): $357.4 million
- Total Assets: $411.1 million
Liabilities and Stockholders' Equity
- Current Liabilities: $20.0 million
- Total Liabilities: $34.2 million
- Total Stockholders' Equity: $376.9 million
The Company had working capital of $9.5 million and $18.3 million of debt as of June 30, 2022.
Investor Conference Call and Webcast
The Company will hold its third quarter 2022 earnings presentation and business update for investors and analysts today, August 9, 2022, at 1:30p.m. PT/4:30p.m. ET.
Webcast URL: https://www.cleanspark.com/investor-relations/clsk-earnings
The webcast will be accessible for at least 30 days on the Company's website and a transcript of the call will be available on the Company's website following the call.
About CleanSpark
CleanSpark (NASDAQ: CLSK) is America's Bitcoin Miner™. Since 2014, we've helped people achieve energy independence for their homes and businesses. In 2020, we began applying that expertise to develop sustainable infrastructure for Bitcoin, an essential tool for financial independence and inclusion. We strive to leave the planet better than we found it by sourcing and investing in low-carbon energy, like wind, solar, nuclear, and hydro. We cultivate trust and transparency among our employees, the communities we operate in, and the people around the world who depend on Bitcoin. CleanSpark is a Forbes 2022 America's Best Small Company and holds the 44th spot on the Financial Times' List of the 500 Fastest Growing Companies in the Americas. For more information about CleanSpark, please visit our website at www.cleanspark.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements other than statements of historical facts contained in this press release may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. Forward-looking statements contained in this press release, but are not limited to statements regarding our future results of operations and financial position, industry and business trends, equity compensation, business strategy, plans, market growth and our objectives for future operations.
The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate, increasing difficulty rates for bitcoin mining; bitcoin halving; new or additional governmental regulation; the anticipated delivery dates of new miners; the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; ongoing demand for the Company's software products and related services; the impact of global pandemics (including COVID-19) on logistics and shipping and the demand for our products and services; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in the Company's Annual Report on Form 10-K and any subsequent filings with the SEC. The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.
You should read this press release with the understanding that our actual future results, performance and achievements may be materially different from what we expect. We qualify all of our forward-looking statements by these cautionary statements. These forward-looking statements speak only as of the date of this press release. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained in this press release, whether as a result of any new information, future events or otherwise.
Non-GAAP Measures
Adjusted EBITDA is not a measurement of financial performance under generally accepted accounting principles in the United States ("GAAP"). Because of varying available valuation methodologies, subjective assumptions and the variety of equity instruments that can impact a company's non-cash operating expenses, CleanSpark management believes that providing a non-GAAP financial measure that excludes non-cash and non-recurring expenses allows for meaningful comparisons between the Company's core business operating results and those of other companies, as well as providing the Company with an important tool for financial and operational decision making and for evaluating its own core business operating results over different periods of time.
The Company's Adjusted EBITDA measure may not provide information that is directly comparable to that provided by other companies in its industry, as other companies in its industry may calculate non-GAAP financial results differently, particularly related to non-recurring, unusual items. The Company's Adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered as an alternative to operating income or as an indication of operating performance or any other measure of performance derived in accordance with GAAP. Our management does not consider Adjusted EBITDA to be a substitute for, or superior to, the information provided by GAAP financial results.
We are providing supplemental financial measures for (i) non-GAAP adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") that excludes the impact of interest, taxes, depreciation, amortization, our share-based compensation expense, and impairment of assets, unrealized gains/losses on securities, certain financing costs, other non-cash items, certain non-recurring expenses, and impacts related to discontinued operations; and (ii) non-GAAP Adjusted EBITDA that excludes the impact of interest, taxes, depreciation, amortization, our share-based compensation expense, and impairment of assets, unrealized gains/losses on securities, certain financing costs, other non-cash items, and impacts related to discontinued operations. These supplemental financial measures are not measurements of financial performance under GAAP and, as a result, these supplemental financial measures may not be comparable to similarly titled measures of other companies. Management uses these non-GAAP financial measures internally to help understand, manage, and evaluate our business performance and to help make operating decisions.
We believe that these non-GAAP financial measures are also useful to investors and analysts in comparing our performance across reporting periods on a consistent basis. Adjusted EBITDA excludes (i) impacts of interest, taxes, and depreciation; (ii) significant non-cash expenses such as our share-based compensation expense, unrealized gains/losses on securities, certain financing costs, other non-cash items that we believe are not reflective of our general business performance, and for which the accounting requires management judgment, and the resulting expenses could vary significantly in comparison to other companies; (iii) significant impairment losses related to long-lived and digital assets, which include our bitcoin for which the accounting requires significant estimates and judgment, and the resulting expenses could vary significantly in comparison to other companies; and (iv) and impacts related to discontinued operations that would not be applicable to our future business activities.
Non-GAAP financial measures are subject to material limitations as they are not in accordance with, or a substitute for, measurements prepared in accordance with GAAP. For example, we expect that share-based compensation expense, which is excluded from Adjusted EBITDA, will continue to be a significant recurring expense over the coming years and is an important part of the compensation provided to certain employees, officers, and directors.
We have also excluded impairment losses on assets, including impairments of our digital currency our non-GAAP financial measures, which may continue to occur in future periods as a result of our continued holdings of significant amounts of bitcoin. Our non-GAAP financial measures are not meant to be considered in isolation and should be read only in conjunction with our Consolidated Financial Statements, which have been prepared in accordance with GAAP. We rely primarily on such Consolidated Financial Statements to understand, manage, and evaluate our business performance and use the non-GAAP financial measures only supplementally.
Investor Relations Contact
Matt Schultz, Executive Chairman
ir@cleanspark.com
Media Contacts
Isaac Holyoak
pr@cleanspark.com
BlocksBridge Consulting
Nishant Sharma
cleanspark@blocksbridge.com
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SOURCE CleanSpark, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/09/cleanspark-reports-third-quarter-fy2022-financial-results/ | 2022-08-09T21:17:51Z |
BIRMINGHAM, England, Sept. 14, 2022 /PRNewswire/ -- Birmingham researchers have identified a potential target for drugs to treat long-term neurological conditions like Alzheimer's Disease and foster nerve regeneration in central nervous system injuries.
Their research, published in Science Advances, is part of a workstream exploring the signalling pathways behind 'programmed cell death', which is seen in both long-term neurological conditions and spinal cord or optic nerve injuries.
Regardless of the cause, nerve cells appear unable to fully repair this damage, and the cell's DNA damage response (DDR) system is activated. The persistent activation of this system affects nervous system function and potentially triggers programmed cell death (apoptosis).
Professor Zubair Ahmed, from the University of Birmingham's Institute of Inflammation and Ageing, and Dr Richard Tuxworth from the Institute of Cancer and Genomic Sciences, set out to elucidate how this takes place.
Professor Ahmed said: "Our research started out exploring DNA damage pathways activated following nerve injury. However, the same molecular factors feature in pathways are seen in neurodegenerative diseases, and a full understanding of these mechanisms is an important step towards identifying potential targets for drug treatments."
Today's research paper follows two recently published studies in spinal cord injury from the same research group. These studies showed an existing drug may reduce damage after spinal cord injury, by blocking the inflammatory response in the spinal cord, and brain-penetrating candidate drug currently in development as a cancer therapy can foster nerve repair after injury.
The current study focussed on pathways that include enzymes called Checkpoint kinase 1 (Chk-1) and Checkpoint kinase 2 (Chk-2), which act as gatekeepers to the DDR system, and can be inhibited using small molecules called Checkpoint kinase inhibitors (Chk-is).
The researchers first looked at a fruit fly model of amyloid toxicity, which occurs in neurological diseases when abnormal levels of this naturally occurring protein clump together and disrupt nerve cell function. Here the researchers found that reducing Chk1 or Chk2 expression had a protective effect.
They then switched their attention to animal neurotrauma models of optic nerve damage and spinal cord injury.
In optic nerve damage (which occurs in patients with glaucoma, multiple sclerosis, Alzheimer's and Parkinson's disease), the animal models showed administration of Chk-2is promoted nerve cell survival, and resulted in significant nerve regeneration with improved function of the optic nerve after injury.
These results were mirrored in spinal cord injury, where administration into the spinal canal promoted significant regrowth of nerve cells beyond the site of the injury, and, at three weeks, a full restoration of the previously impaired sensation and movement.
Professor Ahmed commented: "These findings are truly exciting. They support a growing body of evidence that Chk-2 kinase inhibition can be both neuroprotective, and neuroregenerative, and provides a potential target for drug treatments for neurological diseases such as Alzheimer's disease, Parkinson's disease and Amyotrophic Lateral Sclerosis."
Dr Tuxworth added: "This study raises the possibility of a completely new treatment strategy for a variety of neurodegenerative diseases, that is aimed at supporting nervous system function and slowing the progression of disease."
University of Birmingham Enterprise has filed patent applications covering pathways and mechanisms disclosed in all three research papers and is now seeking investment, and partners for commercial development or licencing.
Inhibition of Chk2 promotes neuroprotection, axon regeneration and functional recovery
4 after CNS injury is published in Science Advances, and available at https://doi.org/10.1126/sciadv.abq2611
For commercial enquiries, contact Helen Dunster, Business Development Manager, University of Birmingham Enterprise, email: H.Dunster@bham.ac.uk
About the University of Birmingham
The University of Birmingham is ranked amongst the world's top 100 institutions. Its work brings people from across the world to Birmingham, including researchers, teachers and more than 6,500 international students from over 150 countries.
University of Birmingham Enterprise helps researchers turn their ideas into new services, products and enterprises that meet real-world needs. We also support innovators and entrepreneurs with mentoring, advice, and training and manage the University's Academic Consultancy Service. View our portfolio of technologies available for licensing.
Photo: https://mma.prnewswire.com/media/1898644/University_of_Birmingham_Enterprise.jpg
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SOURCE University of Birmingham Enterprise | https://www.kxii.com/prnewswire/2022/09/14/research-university-birmingham-uk-identifies-new-treatment-target-cns-injury-neurological-disease/ | 2022-09-14T19:07:31Z |
Essential school supplies for middle school students
If you are helping a middle-schooler prepare for the upcoming school year, you understand the challenges of assisting them as they shop for clothes, figure out their class schedule and prepare for more advanced courses. But don’t underestimate the importance of choosing the right school supplies to put in their backpack. Here are a few essentials you should pack in their backpack for a successful school year.
Packing a middle-schooler’s backpack
Some school supplies are universal across most grades, while others are especially useful for middle-school students. Many students are provided with a list of supplies they’ll need for the school year, which will guide you in selecting the essentials. Here are some categories to shop when choosing items for their backpacks.
Laptops and tech accessories
In today’s tech-driven world, most middle-schoolers need a laptop for classwork. Fortunately, affordable options that have useful features and are compact and easy to take to and from school are available. Most school backpacks have a compartment with protective padding that’s designed to carry a laptop. In addition, tech accessories such as a charger, portable battery pack and phone charger are also items middle-schoolers need in their packs.
Writing tools
Pencils, pens, markers and highlighters are essential for middle-school students. Those who take art classes may also need colored pencils. A pencil case will keep writing tools organized and easy to access. Many options have several compartments for separating different types of writing tools. Additionally, these small cases are easy to fit in a backpack.
Notebooks and binders
Standard notebooks and binders are items middle-schoolers will need to complete and protect assignments and projects. Both are available in several sizes and designs to match students’ coursework needs. Ideally, these essential school items will fit in the main compartment of a backpack along with school textbooks. Budget-friendly packs of multiple notebooks and binders are available and will save you a few dollars.
Calculators and measuring instruments
By middle school, most students are advancing in math and taking classes in geometry, algebra, biology and statistics. Tools for these classes include a scientific calculator and measuring instruments such as protractors, rulers, squares and compasses. While these instruments can be purchased separately, they are also available in sets.
Personal items
Not all items middle-school students need for their backpacks are for classwork. A few personal items will also come in handy throughout the school day. Gel hand sanitizer and hand wipes are necessary for killing germs and keeping hands clean. Tissues in small packs are easy to place in a backpack. Instead of disposable water bottles, a reusable water bottle is an eco-friendly choice. Many backpacks even have side pockets that are designed especially to accommodate water bottles.
Best items for a middle-schooler’s backpack
Before you buy backpack supplies, you’re middle-schooler will need a backpack with ample space for school gear. The Big Student has numerous roomy pockets plus a laptop compartment and water bottle pocket. It’s made of tough material that will hold up well to school life. Sold by Amazon and Kohl’s
Long battery life, a thin build and ample onboard storage make this laptop a good choice for middle-school students. The 15.6-inch size will fit the laptop compartment of most backpacks. Parents will also appreciate the budget-friendly price. Sold by Amazon
BIC Xtra-Smooth Mechanical Pencils
No sharpener is needed for these mechanical pencils that feature dark lead that moves smoothly across paper. Each pencil is topped with an eraser that does a good job removing mistakes. They are available in multipacks that will last throughout the school year. Sold by Amazon
Pencils, pens, markers and more — when writing tools are stored in a pencil case, they’ll be easy to find in a backpack. The two zippered compartments of this case will keep them organized too. Sold by Amazon
Mead 1-Subject Spiral Notebooks
Every student needs classic spiral notebooks like those in this pack of six. Each one is made for a single subject and has 70 sheets of wide-ruled paper for taking notes and completing assignments. Sold by Amazon
Texas Instruments TI-84 Graphics Calculator
Math gets more challenging in middle school, but a scientific calculator can help. The TI-84 is made by a top brand and offers the functions for solving equations in algebra, biology, statistics and more. It features a large, backlit screen that’s easy to read. Sold by Amazon
Kleenex Pocket Pack Facial Tissues
These small packets of tissues are just the right size for backpacks. They’ll come in handy when the cold season arrives. You’ll get 16 pocket packs, each containing 10 tissues. Sold by Amazon
Purell Advanced Hand Sanitizer Variety Pack
There’s no doubt that kids are exposed to germs at school, so keeping hand sanitizer readily available is a good plan. These 1-ounce bottles don’t take up much space in a backpack, but also have clips that can be attached to handles, straps or zippers. You’ll get eight bottles per purchase. Sold by Amazon
CamelBak Chute Mag Water Bottle
This reusable water bottle boasts a secure lid that will prevent liquid from leaking. It’s made of material that’s 50% recycled and free of BPA. You can choose from several sizes and colors. Sold by Amazon
Students in geometry class will need a variety of measurement instruments to make the grade. This comprehensive 15-piece set comes with the essentials, including protractors, compasses, a ruler and more. It’s an affordable choice that will save you a few dollars if you purchased each item separately. Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/education-br/things-every-middle-schooler-needs-in-their-backpack-for-fall-2022/ | 2022-08-16T00:51:09Z |
GENEVA and RADNOR, Pa., Aug. 22, 2022 /PRNewswire/ -- RELIEF THERAPEUTICS Holding SA (SIX: RLF) (OTCQB: RLFTF) (OTCQB: RLFTY) ("Relief"), and NRx Pharmaceuticals, Inc. (NASDAQ: NRXP) ("NRx"), today announced that they have agreed to a tentative settlement of their pending litigation. The parties have agreed to work collaboratively to finalize the settlement within the next 30 days. Further, the parties have agreed to stay the litigation for an additional 60 days to allow for the negotiation and execution of the definitive settlement agreement and related terms. Terms of the settlement will be reported following execution of the definitive settlement documents, but any settlement may result in a re-allocation of the development rights and licensing arrangements for aviptadil. There can be no assurance that the parties will successfully complete the proposed settlement.
Relief focuses primarily on clinical-stage programs based on molecules with a history of clinical testing and use in human patients or a strong scientific rationale. Relief has a Collaboration and License Agreement with Acer Therapeutics for the worldwide development and commercialization of ACER-001 (sodium phenylbutyrate) for the treatment of various inborn errors of metabolism, including UCDs and Maple Syrup Urine Disease (MSUD). Relief also continues to study aviptadil for several possible lung related conditions. Finally, Relief's 2021 acquisitions of APR Applied Pharma Research SA and AdVita Lifescience GmbH brought to Relief a diverse pipeline of marketed and development-stage programs.
RELIEF THERAPEUTICS Holding SA is listed on the SIX Swiss Exchange under the symbol RLF and quoted in the U.S. on OTCQB under the symbols RLFTF and RLFTY. For more information, visit www.relieftherapeutics.com. Follow Relief on LinkedIn.
NRx Pharmaceuticals, Inc. draws upon decades of collective, scientific, and drug-development experience applying innovative science to known molecules to address very high unmet needs and bring improved health to patients. NRx Pharmaceuticals is developing NRX-101, its proprietary fixed-dose combination as a treatment for Bipolar Depression in Patients with Acute Suicidal Ideation and Behavior (ASIB). The U.S. Food and Drug Administration ("FDA") has granted Breakthrough Therapy designation ("BTD"), a Special Protocol Agreement, and a Biomarker Letter of Support for NRX-101. NRx Pharmaceuticals is led by executives who have held leadership roles at Lilly, Pfizer, and Novartis as well as major investment banking institutions.
This press release contains forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause actual results in future periods to differ materially from forecasted results. A number of factors, including (i) whether the parties can complete the proposed settlement, and (ii) those factors described in Relief's and NRx's reports to the Securities and Exchange Commission under the Securities Exchange Act of 1934 could adversely affect Relief and NRx. Copies of Relief's and NRx's filings with the SEC are available on the SEC EDGAR database at https://www.sec.gov/edgar/searchedgar/companysearch. Relief and NRx do not undertake any obligation to update the information contained herein, which speaks only as of this date.
CONTACT:
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SOURCE NRx Pharmaceuticals, Inc. | https://www.wibw.com/prnewswire/2022/08/22/relief-therapeutics-holding-sa-nrx-pharmaceuticals-inc-announce-tentative-settlement-pending-litigation/ | 2022-08-22T11:36:25Z |
WHO chief: The COVID pandemic is ‘most certainly not over’
BERLIN (AP) — The COVID-19 pandemic is “most certainly not over,” the head of the World Health Organization warned Sunday, despite a decline in reported cases since the peak of the omicron wave. He told governments that “we lower our guard at our peril.”
The U.N. health agency’s director-general, Tedros Adhanom Ghebreyesus, told officials gathered in Geneva for opening of the WHO’s annual meeting that “declining testing and sequencing means we are blinding ourselves to the evolution of the virus.” He also noted that almost 1 billion people in lower-income countries still haven’t been vaccinated.
In a weekly report Thursday on the global situation, WHO said the number of new COVID-19 cases appears to have stabilized after weeks of decline since late March, while the overall number of weekly deaths dropped.
While there has been progress, with 60% of the world’s population vaccinated, “it’s not over anywhere until it’s over everywhere,” Tedros said.
“Reported cases are increasing in almost 70 countries in all regions, and this in a world in which testing rates have plummeted,” he added.
Reported deaths are rising in Africa, the continent with the lowest vaccination coverage, he said, and only 57 countries — almost all of them wealthy — have vaccinated 70% of their people.
While the world’s vaccine supply has improved, there is “insufficient political commitment to roll out vaccines” in some countries, gaps in “operational or financial capacity” in others, he said.
“In all, we see vaccine hesitancy driven by misinformation and disinformation,” Tedros said. “The pandemic will not magically disappear, but we can end it.”
Tedros is expected to be appointed for a second five-year term this week at the World Health Assembly, the annual meeting of the WHO’s member countries.
___
Follow all AP stories on the pandemic at https://apnews.com/hub/coronavirus-pandemic.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/22/who-chief-covid-pandemic-is-most-certainly-not-over/ | 2022-05-22T17:58:14Z |
Albanian police clash with Italian, Dutch fans; 12 injured
TIRANA, Albania (AP) — Albanian police have reported at least 10 officers and two civilians injured in clashes with Dutch and Italian fans a day ahead of the Europa Conference League final between Dutch club Feyenoord and Italy’s Roma. Police say separate groups of opposing fans clashed Tuesday evening with officers in separate areas while trying to go toward each other. Dutch fans hurled plastic and glass bottles and other objects toward police officers. In another incident, Italian fans used hard objects and batons to clash with police. Police said 48 Italian fans and 12 Dutch “involved in violent acts” were detained. Feyenoord and Roma have big fan bases and notorious violent elements among their supporters. | https://localnews8.com/sports/ap-national-sports/2022/05/24/albanian-police-clash-with-italian-dutch-fans-12-injured/ | 2022-05-25T01:28:16Z |
MARLBOROUGH, Mass., June 1, 2022 /PRNewswire/ -- DALBAR congratulates the retirement plan providers holding the highest-ranking defined contribution statements in the 24th Annual Trends and Best Practices in Investor Statements study.
Bank of America has offered its plan participants the top DC statement for 11 consecutive years via comprehensive and organized account information, additional support in the form of messaging, and plan details to keep participants of all experience levels informed about their investments.
"Helping clients achieve financial wellness and make informed financial decisions suited to their individual life goals is at the core of what we do at Bank of America," said Lorna Sabbia, Head of Retirement & Personal Wealth Solutions at Bank of America. "An important source for employees to improve their financial literacy and take appropriate actions is the 401k statement, and we are honored to be awarded as the #1 provider for defined contribution plan participant statements for the eleventh year in a row."
Prudential's #2 ranked statement presents key details up front – vesting, loan, performance and projected income – and gives participants a complete picture of the funds that make up their portfolio.
MassMutual, at #3 for a 10th consecutive year, offers a stylish and robust statement, incorporating numerous design elements, such as icons and color, to highlight key information.
Securian Financial's colorful and comprehensive account document repeats its position at #4, displaying a leading retirement income projection that breaks down potential income by Social Security, employee and employer contributions and a "target zone" to hit to replace 70-100% of current income.
Also repeating its Top 5 position, Principal's unique statement uses language and phrasing that is familiar and easily understood by the participant. Instead of the label "Account Activity," the statement simplifies things by stating "What happened this period" before presenting additions, transfers, gain/loss and balances.
Statements are crucial to participant understanding of where their money is invested and will it be enough to retire. With so much on the line for working Americans, the participant statement can go a long way in uncomplicating investment and plan details.
DALBAR's Trends & Best Practices in Investor Statements ranks account statements across multiple business lines and highlights improvements that have been made over the previous year. This year's report also discusses the techniques deployed on statements to drive the adoption of online account management.
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SOURCE DALBAR, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/01/top-5-plan-participant-account-statements-are-revealed-by-dalbar/ | 2022-06-01T18:35:53Z |
Company charged in deadly 2017 Wisconsin plant explosion
MADISON, Wis. (AP) — A federal grand jury has charged a milling company with fraud and conspiracy in connection with an explosion at a Wisconsin corn plant that killed five workers in 2017, the Justice Department announced Friday.
The grand jury returned an indictment earlier this week against Didion Milling Inc. and company leaders, court records indicate. The indictment alleges that between March 2013 and February 2018, the company failed to keep up with cleanings at the Cambria plant as required by federal regulations and falsified records to make it look as if the cleanings were completed.
The indictment, which alleges that Didion’s safety violations caused the five employees’ deaths, goes on to say that dust filters in the plant weren’t properly ventilated. The indictment seeks all of the profits Didion has made off of the alleged conspiracy.
Didion officials issued a statement saying the explosion was an accident and that they were disappointed that the federal government decided to pursue “unwarranted charges.”
“What happened on May 31, five years ago was a horrible accident, not a criminal act,” the statement said. “While we have cooperated fully with the investigation since day one, we now must respond with a strong, vigorous defense for the company and our team.”
The explosion May 31, 2017, leveled most of the sprawling facility about 45 miles (72 kilometers) northeast of Madison. Killed in the blast were Didion employees Duelle Block, Robert Goodenow, Carlos “Charly” Nunez, Angel Reyes and Pawel Tordoff. Fifteen more people were injured.
Federal inspectors have said an accumulation of grain dust likely caused the explosion. Corn dust is combustible; if concentrations in the air reach a high level a spark or other ignition source can cause it to catch fire and explode. Federal regulations require grain mill operators to perform regular cleanings to reduce dust accumulations that could fuel a blast.
The U.S. Occupational Safety and Health Administration fined Didion more than $1.8 million in connection with the explosion in the months following the explosion.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/13/company-charged-deadly-2017-wisconsin-plant-explosion/ | 2022-05-13T16:16:42Z |
NEW YORK, June 24, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/innovative-industrial-properties-inc-loss-submission-form/?id=29039&from=4
The lawsuit seeks to recover losses for shareholders who purchased Innovative Industrial Properties between May 7, 2020 and April 13, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 24, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Innovative Industrial Properties, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Innovative Industrial Properties' focus is to be a cannabis company lender rather than a REIT; (2) that the true values of the Company's properties are significantly lower than Innovative Industrial Properties represents; (3) there are existential issues in its top customers; (4) as a result, its top customers may not be able to continue making payments to Innovative Industrial Properties and the Company would face significant issues replacing these customers; and (5) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/06/24/iipr-shareholder-alert-jakubowitz-law-reminds-innovative-industrial-properties-shareholders-lead-plaintiff-deadline-june-24-2022/ | 2022-06-24T10:26:27Z |
US lifts COVID-19 test requirement for international travel
WASHINGTON (AP) — The Biden administration is lifting its requirement that international air travelers to the U.S. take a COVID-19 test within a day before boarding their flights, easing one of the last remaining government mandates meant to contain the spread of the coronavirus.
A senior administration official said the mandate expires Sunday at 12:01 a.m. EDT, saying the Centers for Disease Control and Prevention has determined that it’s no longer necessary. The official, speaking Friday on the condition of anonymity to preview the formal announcement, said that the agency would reevaluate the need for the testing requirement every 90 days and that it could be reinstated if a troubling new variant emerges.
The Biden administration put in place the testing requirement last year, as it moved away from restrictions that banned nonessential travel from several dozen countries — most of Europe, China, Brazil, South Africa, India and Iran — and instead focuses on classifying individuals by the risk they pose to others. It came in conjunction with a requirement that foreign, non-immigrant adults traveling to the United States need to be fully vaccinated, with only limited exceptions.
The initial mandate allowed those who were fully vaccinated to show proof of a negative test within three days of travel, while unvaccinated people had to present a test taken within one day of travel.
In November, as the highly transmissible omicron variant swept the world, the Biden administration toughened the requirement and required all travelers, regardless of vaccination status, to test within a day of travel to the U.S.
Airline and tourism groups have been pressing the administration for months to eliminate the testing requirement, saying it is discouraging people from booking international trips. Many other countries have lifted their testing requirements for fully vaccinated and boosted travelers in a bit to increase tourism.
In February, the groups argued the testing requirement was obsolete because of the high number of omicron cases already in every state, higher vaccinations rates and new treatments for the virus.
“I’m glad CDC suspended the burdensome coronavirus testing requirement for international travelers, and I’ll continue to do all I can to support the strong recovery of our hospitality industry,” Sen. Catherine Cortez Masto, D-Nev., said in a statement.
The lifting of the requirement comes six weeks after a federal judge ended the CDC’s mask requirement for mass transit, including trains, planes, buses and transit hubs, saying the agency exceeded its authority. The Biden administration is appealing that ruling, saying it aims to protect the CDC’s ability to respond to future health emergencies.
The official said the CDC will continue to recommend COVID-19 testing prior to air travel of any kind as a safety precaution.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/10/us-lifts-covid-19-test-requirement-international-travel/ | 2022-06-10T14:35:54Z |
SEATTLE, July 27, 2022 /PRNewswire/ -- Latchel, an award-winning property management platform modernizing maintenance operations and resident amenities, has raised $16.7 million in Series A fundraising led by F-Prime Capital with participation from RiverPark Ventures and existing investors, MetaProp, Bain Capital Ventures, 1984 Ventures, and Hack VC. As part of the round, John Lin of F-Prime Capital will join the board.
The funding will be used to accelerate product development, deepen third party property management integrations, and expand platform customizability across maintenance automation solutions so any property manager can enhance resident service levels and reduce their operating cost. Latchel recently implemented fintech into their product with a Vendor Pay feature, allowing property managers to easily manage and automate invoicing for service providers.
As residents spent more time at home during the pandemic, property managers saw an increase of spontaneous maintenance requests. With units distributed across different geographic locations and needing to minimize contact, both residents and managers needed a better way to troubleshoot maintenance issues, and a faster way to manage incoming requests.
Latchel's plug and play maintenance operations and virtual resident amenity platform significantly simplifies resident management for property managers, raising the bar for rental service levels, and reimagining the status quo for resident offerings. Maintenance inquiries and questions are answered by experienced professionals in 60 seconds, 24/7/365 - a long overdue departure from voicemails and elongated periods between request and response. With a fully customizable resident amenity platform, Property Managers can offer their residents a full suite of benefits that elevate the rental experience through Latchel's curated partners - things like cashback on rent, insurance policies (rental, auto, pet, etc), and resident caused damages. Property Managers can reduce resident attrition and drive up overall efficiency and revenue.
"There is a massive opportunity to impact rental management in a meaningful way. There has been a lot of investment in the proptech space, but most of it has been around customer acquisition rather than how property managers can better serve their residents." said John Lin, Investor at F-Prime Capital. "Latchel is one of the few companies that is focused on the day to day operations management and creating a better experience for the resident."
Property managers can now eliminate the backlog of maintenance requests and watch confidently as maintenance requests move through Latchel's workflow. By including Latchel's resident benefits offering as a resident paid amenity in lease addendums, managers can also create a new revenue stream to boost their profitability and growth potential. Overall, property managers get to spend less time firefighting in a hyper-reactive state, and more time proactively improving the health of their business.
"The most rewarding part of being able to build solutions in this industry is the relief, reassurance, and empowerment we've been able to give to our customers and their residents, and the difference it has made in both their businesses and personal lives," said Ethan Lieber, CEO and Founder of Latchel. "We're excited to have more fuel to continuously improve the solutions we build, expand, and allow more property managers to provide better and more competitive resident service levels, and to operate more doors with less overhead cost."
Latchel's platform is used in over 100k homes nationwide and processes over 12,000 maintenance requests every month with a 4.8/5 star rating across all work orders. Latchel recently won Proptech Breakthrough's 2021 Property Management Innovation Award.
Latchel is an award winning property management technology company that empowers property managers to provide unbeatable customer experience with streamlined maintenance operations, and top-tier resident amenities. With built in layers that elevate the resident experience, property managers are also able to increase their revenue by implementing the service as a resident paid amenity. Renters get better service levels that average a 4.8/5 star rating, and property managers can increase both operational efficiency and overall profitability. For more information, visit www.latchel.com
F-Prime Capital is a global venture capital firm investing in healthcare and technology. For the past 50 years, our independent venture capital group has had the privilege of backing great entrepreneurs building groundbreaking companies.
With over two billion dollars under management and a global portfolio of more than 160 companies, we champion those dedicated to creating positive change in the world. In healthcare, we focus on therapeutics, medtech, and health IT & services in a stage-agnostic fashion. In technology, we focus on enterprise software, fintech and frontier tech; while we're early-stage investors by choice, we'll back exceptional teams at any stage. Our team of investors, engineers, doctors, and scientists is committed to bringing the insight, domain expertise, and relationships required to help our companies make a transformational impact.
F-Prime is headquartered in Cambridge, MA, with offices in London, UK and San Francisco, CA. For more information, please visit fprimecapital.com and follow us on Twitter and LinkedIn.
Media Contact:
Liang Zhao
505-720-6933
lz@vansary.com
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SOURCE Latchel | https://www.kxii.com/prnewswire/2022/07/27/latchel-closes-167-million-enhance-resident-services-maintenance-workflow/ | 2022-07-27T14:10:23Z |
Bally's receives marketing rights for the remainder of the 2022 Major League Baseball season
PROVIDENCE, R.I., Aug. 1, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) announced today a marketing partnership designating Bally Bet as an official sports betting partner of the 27-time World Series Champions. This marks Bally's first sports team partnership in New York after becoming the ninth online sports betting operator in the state in July.
Under the agreement, Bally's receives use of New York Yankees trademarks and marketing designations as an official sports betting partner (Bally Bet), an official daily fantasy sports partner (Monkey Knife Fight), an official iGaming partner (Bally Casino), and an official free-to-play gaming partner (Bally Play). Bally's Casino Atlantic City also becomes a proud partner of the New York Yankees.
Marketing benefits for Bally's inside Yankee Stadium include LED advertising in the following locations: the outfield wall that lines the playing field, field-facing walls on the Main Level bars in left and right field, the Terrace Level ribbon board, and LED boards throughout the Great Hall. Additionally, Bally's receives an in-game feature on the Stadium's high-definition centerfield video board and other brand-enhancing activations.
"This is a great partnership that will give Bally Bet and our other Bally's Interactive brands terrific visibility in New York," says Adi Dhandhania, Chief Operating Officer of Bally's Interactive North America, the digital and sports betting division of Bally's Corporation. "The Yankees' history as a franchise and their popularity as a global brand speaks for itself."
"We are excited to begin this partnership with Bally's," said Michael J. Tusiani, New York Yankees Senior Vice President of Partnerships. "We hope that their branding in Yankee Stadium along with their in-Stadium customer engagement will greatly strengthen Bally's overall gaming presence in New York."
The deal adds to Bally's growing sports and media footprint. Now in six states, Bally Bet Sportsbook is an Authorized Gaming Operator of Major League Baseball (MLB), the National Hockey League (NHL), the National Basketball Association (NBA), and the Women's National Basketball Association (WNBA). In addition to the New York Yankees, Bally's has official sports team partnerships with the NHL's Nashville Predators, the WNBA's Phoenix Mercury, and the NFL's Cleveland Browns.
About Bally's Corporation:
Bally's Corporation is a global casino-entertainment company with a growing omni-channel presence of Online Sports Betting and iGaming offerings. It currently owns and manages 14 casinos across 10 states, a horse racetrack in Colorado and has access to OSB licenses in 18 states. It also owns Gamesys Group, a leading, global, online gaming operator, Bally Interactive, a first-in-class sports betting platform, Monkey Knife Fight, the fastest growing daily fantasy sports site in North America, SportCaller, a leading, global B2B free-to-play game provider, and Telescope Inc., a leading provider of real-time fan engagement solutions.
With approximately 10,000 employees, Bally's Casino operations include more than 15,800 slot machines, 500 table games and 5,300 hotel rooms. Upon closing the previously announced Tropicana Las Vegas (NV) transaction, as well as completing the construction of a land-based casino near the Nittany Mall in State College, PA, Bally's will own and manage 16 casinos across 11 states. Its shares trade on the New York Stock Exchange under the ticker symbol "BALY."
About Bally's Interactive:
Bally's Interactive is the digital and sports betting division of Bally's Corporation (NYSE: BALY). Established in 2021, Bally's Interactive powers the company's omnichannel platform, providing an unmatched ecosystem of products across the sports betting, iGaming, free-to-play, and daily fantasy sports spectrum. Brands include online sportsbook Bally Bet, the online Bally Casino, popular daily fantasy sports app Monkey Knife Fight, free-to-play game developer SportCaller, and fan engagement platform Telescope. Bally's also owns and operates the famed pro beach volleyball tour AVP and pioneering poker livestream Live at the Bike. Visit ballys.com for more information.
About The New York Yankees:
Founded in 1903, the New York Yankees are the most successful and popular team in Major League Baseball history, having won 27 championships while appearing in 40 World Series. The club plays its home games at Yankee Stadium, which is one of New York City's most-frequented tourist destinations and home to numerous non-baseball events, including college football's Pinstripe Bowl. As a result of their on-field accomplishments and iconic interlocking "NY" logo, the Yankees are among the most recognized brands in the world.
Media Contact: Bally's and Bally's Interactive:
Richard Goldman
Kekst CNC
646-847-6102
BallysMediaInquiries@kekstcnc.com
David Sandler
(818) 251-6558
david.sandler@ballysinteractive.com
BALY-INT
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SOURCE Bally's Corporation | https://www.kxii.com/prnewswire/2022/08/01/ballys-becomes-an-official-sports-betting-partner-new-york-yankees/ | 2022-08-01T12:57:32Z |
Over $2B announced for roads, bridges, bike lanes across US
PHOENIX (AP) — U.S. transportation officials announced $2.2 billion for local infrastructure projects on Thursday, paving the way for new bridges, roads, bike lanes, railways and ports in scores of communities across the country.
The competitive grants are more than double the amount awarded the previous year under the same program. The influx comes from a $1 trillion infrastructure law backed by President Joe Biden, which provided an additional $7.5 billion over five years for the grants.
Transportation Secretary Pete Buttigieg said the projects would help modernize America’s transportation systems.
“This is a program that recognizes many of the most interesting and compelling ideas and designs and plans aren’t going to come from Washington, but more of the funding should,” Buttigieg said. “That’s what we’re delivering here.”
Buttigieg traveled to Arizona to highlight projects in Phoenix and Tucson, each of which are receiving the maximum $25 million. In Phoenix, the money will help build a new bike and pedestrian bridge over the Rio Salado, connecting the city’s southern area with downtown.
In Tucson, the money will revamp a prominent street and replace a 1960s-era vehicle bridge that’s in poor condition. It also will add a separate bicycle and pedestrian bridge as part of what Mayor Regina Romero called “a transformative investment in Tucson’s infrastructure.”
While the Tucson project will expand the number lanes for motorists, some projects elsewhere will reduce them. For example, a $17 million grant will help narrow a five-lane road to three lanes in the Chicago suburb of Munster, Indiana, in an effort to decrease traffic crashes. The money also will fund a 10-foot-wide multi-purpose path along the street and plant more than 250 trees.
For many road improvement grants, “we’re doing it in mind of also benefitting the bike and pedestrian side,” Buttigieg said.
Other newly announced projects in the Rebuilding American Infrastructure with Sustainability and Equity program also provide funding for bicycle and pedestrian paths.
Texas and Kansas are each receiving about $25 million for hiking and biking trails. Huntsville, Alabama, is getting $20 million to improve a pedestrian corridor linking downtown to isolated neighborhoods. Another $20 million is helping finance a new bike and pedestrian bridge over the Potomac River between Arlington, Virginia, and Washington, D.C.
Buttigieg said the U.S. Department of Transportation received about $13 billion in grant applications.
A total of 166 projects across the country are getting a slice of the $2.2 billion. The funding marks a significant increase from the $983 million distributed among 90 projects in 2021. The allotment is the largest dating to 2009 for a program that has undergone multiple name and emphasis changes during the presidential administrations of Barack Obama and Donald Trump.
Though still substantial, the funding doesn’t have quite the buying power as anticipated when the infrastructure legislation passed Congress last year. That’s because inflation has driven up the cost of key transportation construction materials, such as steel plates for bridges and asphalt for paving roads.
This year’s projects range from a new seawall and port improvements in Sitka, Alaska, to the construction of a four-lane parkway in the Virgin Islands.
Among other projects, New Jersey is getting $20 million to elevate a roadway that serves as a main evacuation route for Atlantic City and its casino industry. In Louisiana, $20 million will go toward the design and construction of two train stations along a planned route between Baton Rouge and New Orleans. Whatcom County, Washington, will get $25 million to replace a 60-year-old ferry serving rural Lummi Island with an electric hybrid model.
—-
Lieb reported from Jefferson City, Mo.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/11/over-2b-announced-roads-bridges-bike-lanes-across-us/ | 2022-08-11T22:59:17Z |
DALLAS, May 4, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) Chairman and Chief Executive Officer Mike Hsu will participate in a fireside chat at the Goldman Sachs Global Staples Forum on Tuesday, May 17 at 10:00 a.m. CT.
A link to the broadcast will be provided through the Investors section of Kimberly-Clark's website at www.kimberly-clark.com.
About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold the No. 1 or No. 2 share position in 80 countries. We use sustainable practices that support a healthy planet, build stronger communities, and ensure our business thrives for decades to come. To keep up with the latest news and to learn more about the company's 150-year history of innovation, visit kimberly-clark.com.
[KMB-F]
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SOURCE Kimberly-Clark Corporation | https://www.kxii.com/prnewswire/2022/05/04/kimberly-clark-webcast-its-participation-goldman-sachs-global-staples-forum/ | 2022-05-04T17:09:23Z |
Survey: More Than Half of New MBAs Will Earn Over $150K Per Year
Strong Preference for Remote & Hybrid Work; Almost a Third Would Take Less Money In Exchange For Greater Flexibility
NEW YORK, June 16, 2022 /PRNewswire/ -- The Federal Reserve is tightening, markets are volatile and much of the nation is struggling with surging inflation and worried about a slowing economy. But those concerns seem a world away for most MBAs, many of whom will be earning more than $150K per year and looking for a more flexible working environment, according to the 14th annual Training The Street (TTS) MBA Employment Survey.
The survey of 318 students at the top business schools across the US between April 11 and May 27 reveals more than half - 53% - said they will be earning annualized salaries of over $150K per year, including 5% who will make over $200K annually. In addition, a large percentage of MBAs say they want to work either remotely or in a hybrid model – and many say they're willing to take a substantial monetary hit to do so.
The survey found just 12% said they prefer to work "fully in-person," compared with 53% who would like to be in person three to four days a week and 31% who would prefer one to two days a week in-person. Only 5% of students said they would like to be fully remote.
More than one quarter - 27% - said they would consider taking less compensation/a lower salary in exchange for the ability to work remotely full-time. Of those that said yes, almost half - 45% - would consider taking between $10,000 - $20,000 less in their annual salary for the ability to work remotely full-time.
"Despite the growing economic headwinds, newly-minted MBA students are in a great position because employers - from Wall Street to VCs, PE firms, consultancies, large companies, and promising startups - are all vying to lure top business-school graduates amid a very tight labor market," said Scott Rostan, CEO of TTS, the nation's largest financial services learning firm - which is the training gold-standard for finance and professional services firms, business professionals, and undergraduate and graduate students seeking careers in finance.
"We're also seeing a significant shift in the traditional Wall Street workplace as the pandemic altered the way we communicate and work across various industries and channels," Rostan added. "Flexibility and the option to work remotely are now important factors for prospective financial services employees."
Those surveyed expressed a high degree of satisfaction with job offers. Over three-quarters - 77% - of respondents reported feeling either "somewhat" or "very" satisfied with their recent job offers; only 11% of respondents said they feel dissatisfied with their job prospects. Additionally, only 4% of respondents reported not receiving a job offer yet - compared with 26% of respondents a year ago.
Also of note, in response to the question of where they see themselves working in five years, 39% of students said "private equity/venture capital/hedge fund," more than double the response from 2021, where 18% selected this category.
Methodology
The survey was conducted via SurveyMonkey in Q2 2022 between April 11th to May 27th. To collect the data used in this release, 318 students currently enrolled in a business school and pursuing an MBA were surveyed.
About Training The Street
Training The Street (TTS) is the world's leading provider of courses in accounting, asset management, capital markets, financial modeling and corporate valuation training to investment banks, financial institutions, consulting firms, federal government agencies, law firms, business schools, and top colleges. With offices in the financial hubs across the U.S., as well as London, India and Hong Kong, TTS boasts a deep field of expert instructors and extensive practical experience. Currently, TTS is offering live and virtual training programs to interns and full-time hires at nearly 200 banks and corporate businesses, including Wall Street's 10 largest banks. Additionally, TTS leads workshops at more than 100 academic clients, including the top business schools globally. For more information, please visit www.trainingthestreet.com.
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SOURCE Training The Street | https://www.mysuncoast.com/prnewswire/2022/06/16/economic-uncertainty-increasing-not-mbas/ | 2022-06-16T14:15:01Z |
Man dies after being hit by boat propeller in South Carolina lake, coroner says
Published: Jun. 6, 2022 at 11:34 AM EDT|Updated: 1 hour ago
OCONEE COUNTY, S.C. (WHNS/Gray News) – A man died after he was hit by the propeller of a boat Sunday afternoon in a South Carolina lake, authorities said.
The Oconee County Coroner’s Office identified the victim as 60-year-old Scott T. Johnson.
According to the coroner’s office, the propeller of the boat hit Johnson’s leg, causing massive blood loss. He then suffered a heart attack when rescuers pulled him from Lake Keowee, the coroner said.
Johnson was rushed to the hospital, where he died.
The South Carolina Department of Natural Resources is investigating.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/06/man-dies-after-being-hit-by-boat-propeller-south-carolina-lake-coroner-says/ | 2022-06-06T17:04:23Z |
LOS ANGELES, May 11, 2022 /PRNewswire/ -- The Asian American and Pacific Islander (AAPI) Civic Engagement Fund released a new report today that draws attention to the critical role AAPI communities must play in uniting around systemic change for police reform. The report, "Beyond the Hashtags and Slogans: The Role of AAPIs in Police Reform," explores the responsibility AAPI communities have to participate in meaningful police reform.
"There is a lack of informed analysis on policing and the role AAPIs have in uniting towards reform," said EunSook Lee, Executive Director of AAPI Civic Engagement Fund. "This issue brief is offered as a resource to organizers, advocates, and community members who are calling for meaningful examination of policing to ensure real safety and to address the systemic racism embedded into the current system."
Je Yon Jung, a civil rights attorney with an extensive background in police misconduct cases, authored the brief. It delves into the history of policing, its roots in slavery and how systemic discrimination impacts the criminal justice system, from what happens in courtrooms to police practices and oversized law enforcement budgets. Grounded in data, facts, and stories, Jung examines police shooting fatalities, demystifies the "defund the police" movement, and provides examples of how AAPIs are not immune to police violence. She highlights specific cases of police violence against AAPI communities (with pending civil rights lawsuits), including the 2019 killing of Hmong American Chiasher Vue in Minneapolis, Minnesota, and the 2020 killing of Angelo Quinto in Antioch, California.
"Dismantling systemic discrimination will not happen overnight, with one movement, or with one community," said Jung. "Police reform and progress cannot happen around the edges. The foundational underpinnings of why law enforcement came to be, how it evolved, and its future trajectory are critical to dismantling toxic components, if not a wholesale refresh."
Jung challenges false media narratives about violence against Asian Americans as perpetrated predominantly by Black people and points out that Black people are 3.5 times more likely to die as a result of police violence than White people. She writes, "AAPIs, in particular, have a role in ensuring that we are not used as pawns and impermissible scapegoats for avoiding these difficult conversations and reforms."
AAPI groups across the country are leading community engagement efforts to redefine policing. AAPI Civic Engagement Fund grantees such as Providence Youth Student Movement in Rhode Island, Freedom, Inc. in Wisconsin, and the Coalition of Asian American Leaders in Minnesota are examples of groups participating in efforts to reduce police budgets and reroute funding to health care, education, substance and mental health services, housing, and employment.
Jung states that police reform will take a paradigm shift and that "reacting to one injustice without examining the repercussions to other communities undermines the need for wide-reaching systemic reforms." She concludes with an invitation to AAPI communities to join police reform efforts: "It is imperative that AAPIs actively participate in fundamentally changing our society's approach to policing and safety. Failing to do so is at our peril."
Read the brief here.
About the AAPI Civic Engagement Fund:
The AAPI Civic Engagement Fund fosters a culture of civic participation within AAPI communities by supporting the growth of AAPI groups as organizational-movement and power-building leaders that achieve specific policy, systems, and transformational change. @AAPIFund.
About Je Yon Jung:
Je Yon Jung is a civil rights attorney representing individuals and families who have been killed or seriously injured by police and law enforcement personnel throughout the country. She has more than 25 years of experience including as a senior trial attorney with the U.S. Department of Justice, Civil Rights Division and with the Consumer Financial Protection Bureau as the West Region Fair Lending Counsel.
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SOURCE AAPI Civic Engagement Fund | https://www.mysuncoast.com/prnewswire/2022/05/11/new-issue-brief-highlights-urgent-need-aapi-communities-actively-participate-police-reform/ | 2022-05-11T14:19:25Z |
Revelers gathered in their finest togas for Friday's first day of the weekend "OUT in the Wild" pride celebration at Chehaw Parks & Zoo. Some danced to disco music, while others simply relaxed and were pampered at the first event by the newly formed Out and About Proud group in Albany.
Revelers gathered in their finest togas for Friday's first day of the weekend "OUT in the Wild" pride celebration at Chehaw Parks & Zoo. Some danced to disco music, while others simply relaxed and were pampered at the first event by the newly formed Out and About Proud group in Albany.
Revelers gathered in their finest togas for Friday's first day of the weekend "OUT in the Wild" pride celebration at Chehaw Parks & Zoo. Some danced to disco music, while others simply relaxed and were pampered at the first event by the newly formed Out and About Proud group in Albany.
Staff Photo: Tara Fletcher
Revelers gathered in their finest togas for Friday's first day of the weekend "OUT in the Wild" pride celebration at Chehaw Parks & Zoo. Some danced to disco music, while others simply relaxed and were pampered at the first event by the newly formed Out and About Proud group in Albany.
Revelers gathered in their finest togas for Friday's first day of the weekend "OUT in the Wild" pride celebration at Chehaw Parks & Zoo. Some danced to disco music, while others simply relaxed and were pampered at the first event by the newly formed Out and About Proud group in Albany.
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Four innovators named in advancing health equity solutions
CHICAGO, June 22, 2022 /PRNewswire/ -- The Institute of Medicine of Chicago (IOMC) named four recipients for its 2022 Healthcare Awards. They are Ms. Donna Thompson, RN, MS, Dr. Lisa Green, DO, MPH, Ukraine Medical Association – State of Illinois, and University of Illinois- Department of Emergency Medicine. The awardees were selected for their work, solutions, and impact. Each recipient was innovative in advancing health equity the mission of IOMC. The awards will be presented at the 2022 Annual Meeting on June 30, 2022, at VenueSix 10 in Chicago, Illinois. Dr. Helene Gayle, MD, MPH, CEO of the Chicago Community Trust will be the guest speaker of the evening. For more details, visit this page.
2022 Innovation in Health Care / Health Care Delivery
University of Illinois- Department of Emergency Medicine, Michael B. Zenn, CEO, UOI Health System,
and
Lisa Green, DO,MPH, CEO, Family Christian Health Center
University of Illinois Health System, in 2016, launched Better Health Through Housing program to provide a path from homelessness to housing for hundreds of ER frequent users who were homeless. On any given night in the UIC ER, up to 50% of people seeking care might be homeless. The Better Health Through Housing allows a path from the emergency room to permanent housing. The UI system dedicated $250,000 over 5 years ago to start this project. Since then, hundreds of people who are chronically homeless and suffering from chronic conditions that often lead to disability are getting a pathway to stability. The program includes chronic care case management and a connection to their Medicaid health plan (if they are eligible) that maximizes their opportunity for care management and steady access to primary care, their medications, and other stabilizing treatments.
Dr. Lisa Green, DO, MPH, CEO, Family Christian Health Center. addressed black maternal health and reduced COVID-19 disparities on the far south side and south suburbs of Cook County. In addition to being an exemplary doctor and health equity advocate, Dr. Green demonstrates an extraordinary commitment to her community, patients, and staff. She has served as a career physician and seasoned non-profit leader with significant experience in providing quality health care to underserved communities. As the Founder and CEO for Family Christian Health Center (FCHC) Dr. Green has facilitated the growth of FCHC from one small center to now four sites which offer underinsured resident health services in family medicine, pediatrics, OBGYN, behavioral and mental health, walk in primary care, dental and pharmacy.
2022 IOMC Humanitarian Global Health Award
Ukraine Medical Association of North America-State of Illinois
The Ukraine Medical Association of North America (UMANA) Illinois Chapter kicked-off a Ukraine Initiative at the end of February. Their activities included fund raising events, organizing medical supplies to ship to Ukraine, collaborating and organizing physicians, nurses, healthcare providers, and volunteers to form a core team. They were in constant contact with peers in Ukraine and identified the most pressing needs for medical supplies, equipment, and medications. These efforts included organizing and shipping the supplies from large companies, communities, Rotary Clubs, medical supply distributors and manufacturers, pharmaceutical companies, and hospitals and clinics.
2022 Lifetime Achievement Award
Ms. Donna Thompson, RN, MS
CEO, Access Community Health Network
For more than 30 years, Ms. Thompson has served on the front lines of community health care. As the health system's CEO since 2004, Ms. Thompson has driven Access Community Health Network (ACCESS) to evolve and reimagine its care delivery model to expand access and deliver comprehensive wraparound services and programs to effectively meet the needs of some of the Chicago area's most underserved, vulnerable communities. Through her steadfast leadership and commitment to health equity, Ms. Thompson has led ACCESS to become one of the nation's largest networks of federally qualified health centers (FQHCs). Anchored by a strong mission, ACCESS provides an integrative health care home for more than 180,000 patients each year through 35 health center locations across Cook and DuPage counties.
The Institute of Medicine of Chicago (IOMC), since 1915, is an independent non-profit organization of distinguished leaders in the health field who collaborate to improve the health of the public. Drawing upon the expertise of a diverse membership and other regional leaders, the IOMC addresses critical health issues through a range of interdisciplinary approaches, including education, research, communication of trusted information, and community engagement. With the public's health at its core, IOMC is building new programs and services to better meet the needs of its members and the Chicago, Counties, and the State of Illinois community. 501c3 non-profit organization. Visit www.iomc.org.
For more information contact:
Institute of Medicine of Chicago
Deborah Hodges
312.709.2685
iomcstaff@iomc.org
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SOURCE The Institute of Medicine of Chicago | https://www.mysuncoast.com/prnewswire/2022/06/22/top-2022-award-healthcare-winners-named-institute-medicine-chicago/ | 2022-06-22T21:34:22Z |
Relativity Trace's artificial intelligence reduces false positive alerting for Vitol by 92%
CHICAGO, April 11, 2022 /PRNewswire/ -- Relativity, a global legal and compliance technology company, announced today that energy and commodity trading company, Vitol, has deployed Relativity's AI-powered communication surveillance platform, Relativity Trace. Relativity Trace was implemented in just under four months, monitoring communications for over 1,700 individuals employed by Vitol and its subsidiaries in over 50 offices and 20 different languages, to proactively detect regulatory misconduct.
With vast amounts of data spanning numerous geographic locations, Vitol leverages Relativity Trace to ingest all forms of electronic communications – including email, chat and audio – in near real-time and immediately flag the highest-risk content to compliance officers for further review. With proprietary email thread deduplication and AI-enhanced text cleansing, Relativity Trace has reduced Vitol's false positive alerts so only the riskiest content is surfaced. This advanced technology has enabled Vitol to expand coverage of their monitoring, and ultimately reduce risk across the organization.
"Relativity Trace's false positive reducing capabilities has allowed us to significantly increase our scope which is already proving to be valuable in capturing risk," said Odile Roy de Puyfontaine, Head of Compliance at Vitol. "With the time our team saves no longer being burdened to review false positives, we've been able to significantly strengthen the ability to detect real risk, quickly."
Relativity Trace is used by some of the largest global commodity trading firms and financial institutions to proactively detect regulatory misconduct.
"Surveillance teams are overwhelmed by the number of false positives that their legacy surveillance system generates," said Jordan Domash, General Manager of Relativity Trace. "With Relativity Trace, Vitol has successfully leveraged the system's advanced alerting and AI capabilities to see a dramatic 92% decrease in false positives in a short amount of time allowing them to narrow in on risk and misconduct that actually matter because significantly less time is allocated to reviewing content that should never have been alerted on in the first place."
About Relativity
Relativity makes software to help users organize data, discover the truth and act on it. Its SaaS product RelativityOne manages large volumes of data and quickly identifies key issues during litigation and internal investigations. The AI-powered communication surveillance product, Relativity Trace proactively detects regulatory misconduct like insider trading, collusion and other non-compliant behavior. Relativity has more than 300,000 users in approximately 40 countries serving thousands of organizations globally primarily in legal, financial services and government sectors, including the U.S. Department of Justice and 198 of the Am Law 200. Relativity has been named one of Chicago's Top Workplaces by the Chicago Tribune for 10 consecutive years. Please contact Relativity at sales@relativity.com or visit http://www.relativity.com for more information.
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SOURCE Relativity | https://www.mysuncoast.com/prnewswire/2022/04/11/vitol-increases-coverage-across-compliance-monitoring-with-relativity-trace/ | 2022-04-11T14:45:11Z |
Gen Z, millennials discuss their reluctance to become parents
NEW YORK (AP) — At 24, El Johnson has made up her mind that she won’t bear children, though she and her girlfriend haven’t ruled out adoption.
The graduate student who works in legal services in Austin, Texas, has a list of reasons for not wanting to give birth: the climate crisis and a genetic health condition among them.
“I don’t think it’s responsible to bring children into this world,” Johnson said. “There are already kids who need homes. I don’t know what kind of world it’s going to be in 20, 30, 40 years.”
She’s so sure, in fact, that she’ll soon have her tubes removed. It’s a precautionary decision sealed by the fall of Roe v. Wade and by tight restrictions on abortion services in her state and around the country.
Other women interviewed also cited climate change, along with overwhelming student debt coupled with inflation, as reasons they’ll never be parents. Some younger men, too, are opting out and more are seeking vasectomies.
Whatever the motivation, they play a role in dramatically low birth rates in the U.S.
The U.S. birth rate fell 4% in 2020, the largest single-year decrease in nearly 50 years, according to a government report. The government noted a 1% uptick in U.S. births last year, but the number of babies born was still lower than before the coronavirus pandemic: about 86,000 fewer than in 2019.
Walter and Kyah King live in suburban Las Vegas. Walter, 29, a sports data scientist, and Kyah, 28, a college career counselor, have been together nearly 10 years, the last four as a married couple. The realization that they didn’t want to have kids came on slowly for both of them.
“It was in our early 20s when the switch sort of flipped,” Kyah said. “We had moved to California and we were really just starting our adult lives. I think we talked about having three kids at one point. But just with the economy and the state of the world and just thinking about the logistics of bringing children into the world. That’s really when we started to have our doubts.”
Finances are top of mind. Before taxes, the two earn about $160,000 combined, with about $120,000 in student loan debt for Kyah and about $5,000 left for Walter. The couple said they wouldn’t be able to buy a house and shoulder the costs of even one child without major sacrifices they’re not willing to make.
But for Kyah, the decision goes well beyond money.
“I think we would be great parents, but the thought of going into our health system to give birth is really scary. Black women, black mothers, are not valued in the same way that white mothers are,” said Kyah, who is Black.
When Kyah’s IUD expires, Walter said he’ll consider a vasectomy, a procedure that went on the rise among men under 30 during the pandemic.
Jordan Davidson interviewed more than 300 people for a book out in December titled, “So When are You Having Kids?” The pandemic, she said, led many to delay childbirth among those contemplating children at all.
“These timelines that people created for themselves of, I want to accomplish X by three years from now, changed. People weren’t necessarily willing to move the goalposts and say, OK, I’m going to forgo these accomplishments and do this differently,” she said. “People still want to travel. They still want to go to graduate school. They still want to meet certain financial benchmarks.”
Fears about climate change have cemented the idea of living without children for many, Davidson said.
“Now with increased wildfires, droughts, heat waves, all of a sudden it is becoming real that, OK, this is happening during my time, and what is this going to look like during the time that my children are alive?” she said.
In New York City, 23-year-old Emily Shapiro, a copyrighter for a pharmaceutical ad agency, earns $60,000 a year, lives at home as she saves money and has never wanted children.
“They’re sticky. I could never imagine picking up a kid that’s covered in ice cream. I’m a bit of a germaphobe. I don’t want to change a diaper. If I did have one, I wouldn’t want them until they’re in, like, sixth grade. I also think the physical Earth isn’t doing so great so it would be unfair,” she said.
Among those Jordan interviewed, concerns over the environment were far more prevalent among the younger group. Questions of affordability, she said, troubled both millennials and members of Gen Z.
“There is a lot of fear around having children who would be worse off than they viewed themselves during their childhoods,” Davidson said.
Dannie Lynn Murphy, who helps find software engineers for Google, said she was nearly 17 when she was removed from her home by child protective services due to a pattern of child abuse. Her wife, she said, was similarly raised in a “not great” environment.
“Both of us at one point would have said yes to kids,” she said. “In my late teenage, early adult years, I saw and understood the appeal and was attracted to the idea of getting to raise someone differently than I was raised. But the practical realities of a child kind of suck.”
Murphy earns about $103,000 a year, with bonuses and equity that can drive that amount up to $300,000. Her wife earns about $60,000 as an attorney. They don’t own their Seattle home.
“I can’t see myself committing to a mortgage, let alone a child,” the 28-year-old Murphy said. “I think the primary reason is financial. I would prefer to spend that money on traveling versus sinking a half a million dollars into raising a child. Secondarily, there’s now the fear of behaving with our children the way our parents behaved with us.”
Alyssa Persson, 31, was raised in small town South Dakota. Getting married and having children was ingrained in the culture, she said. It wasn’t until after her divorce from her high school sweetheart that she took a step back and asked herself what she actually wanted out of life.
“Most women where I’m from lose their identities in motherhood,” said Persson, who now lives in St. Louis and earns about $47,000 a year as a university librarian.
She’s carrying student loan debt of about $80,000. Persson is a former teacher who loves children, but she feels she is now thinking more clearly than ever about the costs, implications and sacrifices of parenting.
“Having children sounds like a trap to me, to be frank,” she said. “Financially, socially, emotionally, physically. And if there were ever any shadow of a doubt, the fact that I cannot comfortably support myself on my salary is enough to scare me away from the idea entirely.”
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Follow Leanne Italie on Twitter at http://twitter.com/litalie
—-
For more AP Lifestyles stories, go to https://apnews.com/hub/lifestyle
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/30/gen-z-millennials-discuss-their-reluctance-become-parents/ | 2022-08-30T13:18:10Z |
GENEVA, Sept. 8, 2022 /PRNewswire/ -- dss+ today appointed a new member to its Board of Directors as the company continues to grow its global expertise in protecting people, transforming operations and creating a sustainable future.
Betül Susamis Unaran assumes her new role on the dss+ Board of Directors effective today.
A digital transformationalist, Ms. Unaran brings decades of experience improving business performance and leading digital strategy and implementation in the Pharmaceutical industry for brands such as Ferring Pharmaceuticals, Novartis and DocMorris. Most recently, she served as Chief Strategy and Digital Officer and an Executive Board Member of Zur Rose Group, the largest eCommerce Healthcare player in Europe. She is also Member of the Board of Directors of Ypsomed in Switzerland and Brain+ in Denmark, as well as Advisory Board Member of Lumanity/Arsenal Capital in the United States. She has been recognised as one of the Top 10 Future Shapers by Handelszeitung in Switzerland, and also Global Top CDO 100 of 2022 by Hewlett Packard Enterprise and HotTopics.ht.
Her passion for data and leading innovative, first-of-its-kind digital initiatives to transform lives and reach the best business outcomes will ensure our continued strategic growth and success in its digital transformation practice and in the healthcare industry.
"I'm delighted to announce the addition of Betül Susamis Unaran to the dss+ Board of Directors," said Guy Semmens, Chairman of the Board of Directors of dss+ and founding partner of Gyrus Capital. "She has made a tremendous impact on each of the organisations she has contributed to, and her perspective and experience will be invaluable in helping guide the strategic direction of dss+."
"Our core purpose at dss+ is to help our clients develop solutions that save lives and create a sustainable future," said Davide Vassallo, Chief Executive Officer of dss+. "Ms. Unaran's expertise will ensure we continue to be forward-thinking and innovative as we provide counsel to clients on how digitalisation and the use of data can help solve the complex challenges they're facing in the areas of safety, operations and sustainability."
dss+ is a leading provider of operations management consulting services with a purpose of saving lives and creating a sustainable future. dss+ enables organisations to build organisational and human capabilities, manage risk, achieve sustainability and ESG goals and operate more responsibly.
By leveraging its DuPont heritage, deep industry and management expertise and diverse team, dss+ consultants are on the ground and in the boardroom helping clients work safer, smarter and with purpose. Additional information is available at https://bit.ly/3KPCMsx
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SOURCE dss+ | https://www.kxii.com/prnewswire/2022/09/08/dss-appoints-betl-susamis-unaran-board-directors/ | 2022-09-08T15:16:08Z |
KYIV, Ukraine — U.K. Prime Minister Boris Johnson has met with Ukrainian President Volodymyr Zelenskyy in Kyiv, promising so much support that his nation might never be bullied again.
Johnson’s surprise visit included a pledge of 120 armored vehicles and new anti-ship missile systems, part of another 100 million pounds ($130 million) of high-grade military equipment. Johnson also confirmed an additional $500 million in World Bank lending, taking Britain’s total loan guarantee up to $1 billion.
Johnson said Ukraine defied the odds pushing Russian forces “from the gates of Kyiv, achieving the greatest feat of arms of the 21st century.″
The prime minister credits “Zelenskyy’s resolute leadership and the invincible heroism and courage of the Ukrainian people” for thwarting what he calls the “monstrous aims” of Russian leader Vladimir Putin.
Johnson says Britain and its partners “are going to ratchet up the economic pressure … not just freezing assets in banks and sanctioning oligarchs but moving away from use of Russian hydrocarbons.”
Johnson also described a vision for a future Ukraine so fortified and protected by the equipment, technology and know-how of Britain and its partners that it can never be threatened in the same way again. In the meantime, Johnson said, “there is a huge amount to do to make sure that Ukraine is successful, that Ukraine wins and that Putin must fail.”
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KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR:
— War Crimes Watch: A devastating walk through Bucha’s horror
— S&P downgrade indicates Russia headed for historic default
— More civilians flee eastern Ukraine after deadly station strike
— Intel: Putin may cite Ukraine war to meddle in US politics
— Go to https://apnews.com/hub/russia-ukraine for more coverage
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OTHER DEVELOPMENTS:
MILAN — An Italian government source said Italian Premier Mario Draghi is traveling to Algeria on Monday to sign a deal for more gas.
Italy has been urgently looking for alternatives to natural gas from Russia since its invasion of Ukraine. Russia is Italy’s biggest supplier, representing 40% of total imports.
Italy’s foreign minister has traveled to Algeria as well as Azerbaijan, Qatar, Congo, Angola and Mozambique to secure more deals. Algeria is Italy’s second-largest supplier of natural gas, which is the main source of the nation’s electricity, providing some 21 billion cubic meters of gas via the Trans-Mediterranean pipeline.
Italian energy company ENI has operated in Algeria for 40 years. ENI announced a significant oil and gas discovery in Algeria last month and said it would work with Algerian partner Sonatrach to fast-track its development for the third quarter of this year.
— Italy business reporter Colleen Barry.
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Julian Lennon has explained why he decided to sing his father’s song “Imagine” for the first time publicly.
He’s posted on social media that he always said he would only sing the song if it was the End of the World. He says it’s the right song to sing now because “the War on Ukraine is an unimaginable tragedy,” and he felt compelled to respond in the most significant way he could.
The son of John Lennon says murderous violence in Ukraine is forcing millions of innocent families to leave the comfort of their homes. He says the lyrics reflect our collective desire for peace worldwide, and because “within this song, we’re transported to a space, where love and togetherness become our reality, if but for a moment in time.”
Lennon joined celebrities around the world calling on world leaders to do more to support refugees in the Stand Up For Ukraine campaign.
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KYIV, Ukraine — Austrian Chancellor Karl Nehammer says the Austrian embassy staff will return to Kyiv from western Ukraine.
The Austria Press Agency reported that Nehammer announced the move during a visit on Saturday to Kyiv, where he met Ukrainian President Volodymyr Zelenskyy.
Nehammer said that “since the situation around Kyiv has now stabilized somewhat, the Austrian embassy’s team will resume its work in the Ukrainian capital.” He said it’s a sign of Austria’s “full support for Ukraine at this very difficult time.”
The team had been moved at the beginning of the war to an outpost in Uzhhorod, near the Slovak border in Ukraine’s far west.
The European Union also has returned its ambassador to Kyiv and Italy also reportedly plans to reopen its embassy there.
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BOSTON — The International Monetary Fund has created an account to give donor countries a secure way to funnel financial assistance directly to war-ravaged Ukraine.
The multilateral lender said in a statement Friday that it’s launching the account at the request of several member countries.
The goal is to help Ukraine meet its payment obligations and help stabilize its economy using loans or grants from pooled resources.
The IMF says Canada has proposed routing up to 1 billion Canadian dollars ($795 million) to Ukraine through the new account.
Two weeks after Russia’s Feb. 24 invasion of Ukraine, the IMF approved a $1.4 billion emergency loan to Ukraine.
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BOSTON — S&P Global Ratings has downgraded its assessment of Russia’s ability to repay foreign debt, signaling increased prospects that Moscow will soon default on such loans for the first time in more than a century.
The credit ratings agency issued the downgrade to “selective default” Friday night after Russia arranged to make foreign bond payments in rubles last week when they were due in dollars. It said it didn’t expect Russia to be able to convert the rubles into dollars within a 30-day grace period.
S&P said it believes sanctions on Russia over its invasion of Ukraine are likely to increase, impeding its willingness and ability to honor its obligations to foreign debtholders.
The Kremlin has signaled it’s willing to pay its debts but warned it would do so in rubles if its overseas accounts in foreign currencies remain frozen.
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WARSAW, Poland – The head of the European Union’s executive branch says 10.1 billion euros ($11 billion) have been raised globally in a fundraising event for Ukraine and people who have fled the country invaded by Russia.
European Commission President Ursula von der Leyen was joined at the event in Warsaw by Polish President Andrzej Duda and — remotely — by Canadian Prime Minister Justin Trudeau and Ukrainian President Volodymyr Zelenskyy.
At the end of the 90-minute event, a smiling von der Leyen said the donations will go to help refugees, both outside and inside Ukraine.
“We will continue providing support. And once the bombs have stopped falling, we will help the people of Ukraine rebuild their country,” von der Leyen said.
Saturday’s pledging event was held in Warsaw because more than 2.5 million of the 4.4 million people who have fled Ukraine since Russia’s invasion began Feb. 24 have entered Poland. Many have stayed, though some have moved on to other countries. The event aimed to prompt political leaders and global celebrities to provide funding and other donations for the people of Ukraine.
It ended with Julian Lennon singing his father John Lennon’s peace song “Imagine.”
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MOSCOW — YouTube has banned the channel of Russia’s lower house of parliament, the State Duma, prompting government officials to renew longtime threats against the platform.
The Duma TV channel reported the ban on the messaging app Telegram, noting that it had 145,000 subscribers and over 100,000 million total views. In comments to the Russian news agency Interfax, Google didn’t give an exact reason for the move, but said the company follows “all applicable sanction and trade compliance laws.”
Russia’s state communications watchdog Roskomnadzor demanded that YouTube unblock the channel. Foreign Ministry spokeswoman Maria Zakharova said Saturday that the service “has handed itself a sentence” and urged its users to “download content, transfer it onto Russian platforms. And fast.”
State Duma speaker Vyacheslav Volodin called the move against the parliament’s YouTube channel “another proof of violations of the rights and freedoms of citizens by Washington.”
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MILAN — Italy’s foreign minister has reportedly told staff that Italy will reopen its embassy in the Ukrainian capital after Easter.
News agency ANSA quoted Foreign Minister Luigi Di Maio on Saturday as telling his ministry’s crisis unit that Italy “will be among the first to return” to Kyiv.
He called it “another gesture to demonstrate support for the Ukrainian population, a concrete way to affirm that diplomacy must prevail.”
Di Maio said the return would be coordinated with other European Union nations.
The EU itself announced the return of its ambassador on Friday. On Saturday, EU ambassador Matti Maasikas tweeted a picture of an EU flag atop a flagpole with the words “First things first.”
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KYIV, Ukraine — Austria’s leader says he expects more European Union sanctions against Russia but is defending his country’s opposition so far to cutting off deliveries of Russian gas.
Chancellor Karl Nehammer spoke Saturday after becoming the latest of several European leaders to meet Ukrainian President Volodymyr Zelenskyy in Kyiv.
Nehammer said at a news conference that “we will continue to ratchet up sanctions inside the European Union until the war stops” and that a package of sanctions imposed this week “won’t be the last one.” He acknowledged that “as long as people are dying, every sanction is still insufficient.”
Austria, which gets most of its gas from Russia, is one of the countries that have been resisting a halt to deliveries. Questioned about that Saturday, Nehammer said that EU sanctions are becoming increasingly “accurate” but that “sanctions are effective when they hit those they are directed against, and don’t weaken those imposing sanctions against the one who is conducting war.”
Austria is militarily neutral and not a member of NATO.
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LONDON — Britain’s Ministry of Defense says Russian naval forces are launching cruise missiles into Ukraine to support military operations in the eastern Donbas region and around the cities of Mariupol and Mykolaiv.
In its Saturday morning briefing, the ministry said Russia’s air forces are expected to increase activity in the south and east of Ukraine to further support these operations.
The ministry said these actions come as attempts to establish a land corridor between Crimea, which Russia annexed in 2014, and Russian-controlled parts of the Donbas region “continue to be thwarted by Ukrainian resistance.”
U.K. officials also say Russia is continuing to attack non-combatants, such as those killed at the Kramatorsk railway station in a rocket strike on Friday.
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KYIV, Ukraine — Ukraine’s railway operator says operations are halted at the train station in Kramatorsk, which was damaged in a missile strike Friday, but evacuations of civilians will continue through other stations in eastern Ukraine.
The company said Saturday that evacutions will continue from the stations in Slovyansk and Pokrovsk in the Donetsk region and Novozolotarivka in the Luhansk region.
The statement on the messaging app Telegram said that “the railways do not stop the task of taking everyone to safety.”
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KYIV, Ukraine — Ten humanitarian corridors for civilian evacuations are to open in Ukraine’s east on Saturday, according to Ukraine’s Deputy Prime Minister Iryna Vereshchuk. The corridors will allow residents to leave a number cities in the regions of Donetsk, Luhansk and Zaporizhzhia.
Those in Mariupol, Enerhodar, Tokmak, Berdyansk and Melitopol will be able to evacuate to the city of Zaporizhzhia, while those in Severodonetsk, Lysychansk, Popasna, Girske and Rubizhne can evacuate to the city of Bakhmut in the Donetsk region.
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WASHINGTON — Ukrainian President Volodymyr Zelenskyy said his country’s security service has intercepted communications of Russian troops that provide evidence of war crimes.
“There are soldiers talking with their parents about what they stole and who they abducted. There are recordings of prisoners of war who admitted killing people,” Zelenskyy said in an excerpt of an interview with CBS’ “60 Minutes” that aired Friday.
“There are pilots in prison who had maps with civilian targets to bomb. There are also investigations being conducted based on the remains of the dead,” he said in a translation provided by CBS.
Zelenskyy said “everyone who made a decision, who issued an order, who fulfilled an order” is guilty of a war crime. Asked whether he held Russian President Vladimir Putin responsible, he said: “I do believe that he’s one of them.”
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LVIV, Ukraine — Ukrainian President Volodymyr Zelenskyy denounced the missile strike on an eastern train station as another Russian war crime and said Ukraine expects a tough global response.
“Like the massacres in Bucha, like many other Russian war crimes, the missile attack on Kramatorsk should be one of the charges at the tribunal that must be held,” he said during his nightly video address to the nation Friday.
The president told Ukrainians that great efforts would be taken “to establish every minute of who did what,” so that those behind the attack would be held responsible.
Zelenskyy said he spoke with EU Commission President Ursula von der Leyen Friday and urged the EU to impose a full embargo on Russian oil and gas.
“It is energy exports that provide the lion’s share of Russia’s income and allow the Russian leadership to believe in their impunity,” Zelenskyy said. | https://cw33.com/business/ap-business/live-updates-sp-says-russian-debt-default-is-more-likely/ | 2022-04-09T19:02:19Z |
Father, daughter could face years in prison if convicted for burning raccoon
SARASOTA COUNTY, Fla. (WWSB) - Days after Alicia and Roddy Kincheloe were walked through the Sarasota County Sheriff’s office and booked into jail, animal rights advocates celebrated in front of the Sarasota County Justice Center waving colorful poster boards and cheering. The people there are happy with the case’s progress, but they are keeping a close eye on the case as they await a trail.
“It is so important that animal abuse is treated so seriously,” Susan Hargreeves, a longtime animal rights activist, said at the rally.
Alicia and Roddy Kincheloe have been arrested and charged with aggravated animal cruelty, a third-degree felony, weeks after a disturbing viral video exploded online. In that video, Alicia is seen filming herself talking about how she’s going to kill a raccoon trapped in a dumpster, then later cuts away to show the burned animal corpse inside the dumpster surrounded by billowing smoke.
Alicia has also been charged with tampering with evidence.
ABC7 spoke to a local attorney to learn more about just how seriously these actions could be taken by the court if the father and daughter are convicted for their alleged crimes. Matthew Tympanick, the founder of Matthew Tympanick Law, said jail time and fines are on the line.
He explained aggravated animal cruelty carries a penalty of up to five years in prison. If it’s found that the actions were “knowing and voluntary” then that same person could also be slapped with a minimum $2,500 fine and required to take courses for anger management and psychological counseling.
As for Alicia, her additional tampering with evidence charge, which is a third-degree felony, may come with another five years in prison. However, Tympanick explains this would all depend on a few factors.
“This could result in prison time depending on the score sheet and the defendant’s criminal history,” he said.
We also asked Tympanick about how circumstances around the crime could come into play.
The sheriff’s office reports Alicia confessed how exactly the raccoon wound up dead. According to investigators, she admitted to at first stabbing the animal with a pitchfork while it was trapped in the dumpster, then leaving for an hour lunch break. It wasn’t until she returned, per the report, that she and her father worked together to douse the raccoon in flammable liquid and light it on fire.
These circumstances, Tympanick said, would make their case much more difficult to defend because both of them had so much time to consider their actions before allegedly burning the raccoon.
“It goes to this crime was committed in a cold, calculating fashion,” he said That at sentencing a judge is not going to look to favorably upon if they were to be found guilty or plead guilty.”
Locals rallying in front of the justice center, who affectionately named the young raccoon “Rosie”, are hoping justice is served so others think twice before abusing an animal. Hargreeves told media outlets she’s sure the courts will find both Alicia and Roddy guilty when the case moves forward.
“So, I’m confident that in this case it is going to be taken seriously, it is taken seriously,” Hargreeves said.
Alicia and Roddy have bonded out of jail.
ABC7 will continue to follow this case and bring you updates as we learn more.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/04/father-daughter-could-face-years-prison-if-convicted-burning-raccoon/ | 2022-09-04T16:45:11Z |
SUMMARY HIGHLIGHTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2022
- STRONG FINANCIAL PERFORMANCE
FOR THE 3 MONTH PERIOD ENDED JUNE 30, 2022
FOR THE 6 MONTH PERIOD ENDED JUNE 30, 2022
- SOLID OPERATIONAL PERFORMANCE DRIVEN BY IMPROVING REVENUE GROWTH
- LEASING CONTINUES TO STRENGTHEN
- STRONG AND FLEXIBLE FINANCIAL POSITION
- ACCRETIVE AND STRATEGIC CAPITAL ALLOCATION
- UPDATE TO 2022 FINANCIAL GUIDANCE
- DISTRIBUTION OF $1.08 PER TRUST UNIT ON AN ANNUALIZED BASIS CONFIRMED FOR THE MONTHS OF AUGUST, SEPTEMBER, AND OCTOBER 2022
CALGARY, AB, Aug. 9, 2022 /PRNewswire/ - Boardwalk Real Estate Investment Trust (TSX: BEI.UN)
Boardwalk Real Estate Investment Trust ("Boardwalk", the "REIT" or the "Trust") today announced its financial results for the second quarter of 2022.
Sam Kolias; Chairman and Chief Executive Officer of Boardwalk REIT commented:
"We are pleased to report on another solid quarter, with growth in Net Operating Income ("NOI"), Funds From Operations ("FFO"), and Profit through our spring and early summer leasing season.
As we look forward to the remainder of the summer, we have seen significant leasing gains with our August occupancy increasing to 97.1%. Leasing spreads on both renewals and new leases have seen strong improvement. In our largest market of Alberta, renewal and new lease spreads increased to 5.0% and 6.8%, respectively, in the month of July. New lease spreads continue to accelerate across our portfolio with rental housing fundamentals improving in each of our markets allowing for incentive reductions and positive rental rate growth.
Higher cost inflation and interest rates have provided a headwind to community providers to-date in 2022, however, our portfolio of affordable, non-price controlled, and high-quality apartment communities remains positioned to produce sustainable rental rate adjustments that allow Boardwalk to further build on our strong financial foundation. Financial sustainability is essential to provide our Resident Members with the best product quality, service and experience."
The Trust's IFRS fair value of its investment properties as at June 30, 2022 increased from the previous quarter and year end, primarily as a result of increased market rents and a decrease in the vacancy rates in some of its markets reflecting improving rental fundamentals. During the second quarter, the Trust also increased some of its operating expense assumptions in its fair value model to account for recent inflation.
The Trust maintained high occupancy compared to the same period a year ago by focusing on gaining market share and retention. Market rents were adjusted in communities within some of the Trust's markets where rental market fundamentals continue to tighten. Average occupied rent increased sequentially and when compared to the same period a year ago as the Trust focuses on reducing incentives on lease renewals and minimizing incentives on new leases in its stronger markets.
For the second quarter of 2022, a same property rental revenue increase of 3.4% combined with same property total rental expense increase of 4.2%, resulted in same property NOI growth of 2.8%.
During the quarter, lower vacancy loss and incentives supported Boardwalk's Calgary portfolio increase in same property NOI of 7.2%, while in Edmonton, cost savings from lower property taxes were offset by higher operating expenses and utilities expense resulting in slightly negative NOI growth for the second quarter of 2022 compared to the second quarter of 2021. With the increased rental demand in Edmonton during the spring and summer leasing season, the Trust incurred higher operating expenses to meet demand, positioning the Trust with higher occupancy heading into the fall. Saskatchewan's market continues to improve with the Trust's portfolio realizing 9.1% same property NOI growth in the second quarter of 2022 versus the same period last year, as a result of strong same property revenue growth and a reduction in expenses related to TV and internet services provided to Boardwalk's Resident Members in the province. In Ontario, the mark-to-market opportunity on turnover, offset by growth in non-controllable and controllable expenses, contributed to same property NOI growth of 5.4%, in the second quarter of 2022 compared to the second quarter of 2021. In Quebec, increases in non-controllable expenses such as property taxes, utilities and insurance and certain controllable expense categories offset positive same property revenue growth resulting in same property NOI remaining flat for the second quarter of 2022 compared to the second quarter of 2021.
In the second quarter, Boardwalk renewed its maturing mortgages at a weighted average interest rate of 3.71% while extending the term of these mortgages by an average of 5 years.
For the remainder of 2022, the Trust anticipates $299.0 million of mortgages payable maturing with an average in-place interest rate of 2.81% and will continue to renew these mortgages as they mature. Current market 5 and 10-year CMHC financing rates are estimated to be 3.70%. While interest rates have increased significantly since the beginning of March, the Trust remains positioned with a balanced laddered maturity schedule within its mortgage program, a disciplined capital allocation program and continued use of CMHC funding, which decreases the renewal risk on its existing mortgages.
ACCRETIVE AND STRATEGIC CAPITAL ALLOCATION
The Trust remains committed to re-investing retained cashflow and the net proceeds from the sale of non-core assets toward opportunities that are both accretive to FFO per Unit in the near-term and significantly enhance the NAV per Unit of the Trust over the intermediate term.
Subsequent to the end of the second quarter, on August 8, 2022, the Trust acquired a property in Calgary, Alberta comprised of 158 suites. The purchase price was $41.9 million (excluding transaction costs) representing an approximate 4.75% cap rate and was financed with cash on hand and the assumption of a mortgage for $29.2 million at an interest rate of 3.18%. The acquisition provides immediate FFO per Unit accretion and strengthens the Trust's presence in the rapidly growingly neighbourhood of Seton. The Level is an A-class community that was completed in 2020 featuring modern finishes, stainless steel appliances and in-suite washer and dryer. The Level is fully occupied and is located in close proximity to the Trust's existing Auburn Landing community, providing operational efficiencies for the portfolio in the region.
As previously announced, on June 1, 2022, the Trust acquired a development site in View Royal (Victoria) at 339 – 345 Island Highway. The purchase price was $12.0 million (excluding transaction costs). The site strengthens the Trust's long-term development pipeline in the Victoria area and is located a short drive from the Trust's two other development sites, Aspire in View Royal and The Marin in Esquimalt.
During the fourth quarter of 2021, the Trust announced that it received approval from the Toronto Stock Exchange (the "TSX") to commence a normal course issuer bid ("NCIB"). The Trust continues to view its own portfolio as offering un-paralleled value in the multi-family sector and believes its current unit price represents an attractive opportunity for re-investment. During the second quarter, the Trust re-purchased 240,000 Trust Units at a volume-weighted average price of $47.02 for a total price of approximately $11.3 million.
In May, the Trust revised its financial guidance for 2022 in consideration of increased volatility of interest costs and utility expenses. While volatility remains in these two categories, the Trust is positioned strongly heading into the second half of the year and is providing an update to its 2022 financial guidance.
The Trust has confirmed its regular monthly distributions for the months of August 2022, September 2022, and October 2022 as follows:
In line with Boardwalk's distribution policy of maximum re-investment, the Trust's payout ratio remains conservative at 33.8% of Q2 2022 FFO; and 43.7% of the last 12 months FFO.
Boardwalk's regular monthly distribution was increased by 8% in March of 2022 and provides a stable and attractive yield for the Trust's Unitholders.
The Trust is committed to environmental, social and governance ("ESG") objectives and initiatives, including working towards reducing greenhouse gas emissions and electricity and natural gas consumption, water conservation, waste minimization, maintaining or increasing Resident Member satisfaction and a continued focus on governance and oversight. In March, Boardwalk published its third annual ESG report. The ESG report, along with the Trust's Annual report, are available digitally on Boardwalk's website and under the Trust's profile at www.sedar.com.
Boardwalk produces quarterly financial statements, management's discussion and analysis, and a supplemental information package that provides detailed information regarding the Trust's activities during the quarter. Financial and supplementary information is available on Boardwalk's investor website at www.bwalk.com/investors.
Boardwalk invites you to participate in the teleconference that will be held to discuss these results tomorrow (August 10, 2022) at 1:00 pm Eastern Time (11:00 am Mountain). Senior management will speak to the period's results and provide an update. Presentation materials will be made available on Boardwalk's investor website at www.bwalk.com/investors prior to the call.
Teleconference: The telephone numbers for the conference are 416-764-8650 (local/international callers) or toll-free 1-888-664-6383 (within North America).
Note: Please provide the operator with the below Conference Call ID or Topic when dialing in to the call.
Conference ID: 45545020
Topic: Boardwalk Real Estate Investment Trust, 2022 Second Quarter Results
Webcast: Investors will be able to listen to the call and view Boardwalk's slide presentation by visiting www.bwalk.com/investors prior to the start of the call.
An information page will be provided for any software needed and system requirements. The webcast and slide presentation will also be available at:
Boardwalk REIT Second Quarter Results Webcast Link
Replay: An audio recording of the teleconference will be available on the Trust's website:
www.bwalk.com/investors
Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 33,000 residential suites totaling over 28 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always livestm. Our three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, cater to a large diverse demographic and has evolved to capture the life cycle of all Resident Members. Boardwalk's disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and management of apartment communities allows the Trust to provide its brand of community across Canada creating exceptional Resident Member experiences. Differentiated by its peak performance culture, Boardwalk is committed to delivering exceptional service, product quality and experience to our Resident Members who reward us with high retention and market leading operating results, which in turn, lead to higher free cash flow and investment returns, stable monthly distributions, and value creation for all our stakeholders.
Boardwalk REIT's Trust Units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN. Additional information about Boardwalk REIT can be found on the Trust's website at www.bwalk.com/investors.
Non-GAAP Financial Measures
Boardwalk believes non-GAAP financial measures are meaningful and useful measures of real estate organizations operating performance, however, are not measures defined by IFRS. As they do not have standardized meanings prescribed by IFRS, they therefore may not be comparable to similar measurements presented by other entities and should not be construed as an alternative to IFRS defined measures. Below are the non-GAAP financial measures referred to in this Earnings Release.
Funds From Operations
The IFRS measurement most comparable to FFO is profit. Boardwalk REIT considers FFO to be an appropriate measurement of the performance of a publicly listed multi-family residential entity as it is the most widely used and reported measure of real estate investment trust performance. Profit includes items such as fair value changes of investment property that are subject to market conditions and capitalization rate fluctuations which are not representative of recurring operating performance. We define FFO as adjustments to profit for fair value gains or losses, distributions on the LP Class B Units, gains or losses on the sale of the Trust's investment properties, depreciation, deferred income tax, and certain other non-cash adjustments, if any, but after deducting the principal repayment on lease liabilities and adding the principal repayment on lease receivable. The reconciliation from profit under IFRS to FFO can be found below. The Trust uses FFO to assess operating performance and its distribution paying capacity, determine the level of Associate incentive-based compensation, and decisions related to investment in capital assets. To facilitate a clear understanding of the combined historical operating results of Boardwalk REIT, management of the Trust believes FFO should be considered in conjunction with profit as presented in the condensed consolidated interim financial statements for the three and six months ended June 30, 2022 and 2021.
Adjusted Funds From Operations
Similar to FFO, the IFRS measurement most comparable to AFFO is profit. Boardwalk REIT considers AFFO to be an appropriate measurement of a publicly listed multi-family residential entity as it measures the economic performance after deducting for maintenance capital expenditures to the existing portfolio of investment properties. AFFO is determined by taking the amounts reported as FFO and deducting what is commonly referred to as "Maintenance Capital Expenditures". Maintenance Capital Expenditures are referred to as expenditures that, by standard accounting definition, are accounted for as capital in that the expenditure itself has a useful life in excess of the current financial year and maintains the value of the related assets. The reconciliation of AFFO can be found below. The Trust uses AFFO to assess operating performance and its distribution paying capacity, and decisions related to investment in capital assets.
Adjusted Real Estate Assets
The IFRS measurement most comparable to Adjusted Real Estate Assets is investment properties. Adjusted Real Estate Assets is comprised of investment properties, equity accounted investment, and cash and cash equivalents. Adjusted Real Estate Assets is useful in summarizing the real estate assets owned by the Trust and it is used in the calculation of NAV, which management of the Trust believes is a useful measure in estimating the entity's value. The reconciliation from Investment Properties under IFRS to Adjusted Real Estate Assets can be found on the following page, under Net Asset Value.
Adjusted Real Estate Debt
The IFRS measurement most comparable to Adjusted Real Estate Debt is total mortgage principal outstanding. Adjusted Real Estate Debt is comprised of total mortgage principal outstanding, total lease liabilities attributable to land leases, and construction loan payable. It is useful in summarizing the Trust's debt which is attributable to its real estate assets and is used in the calculation of NAV, which management of the Trust believes is a useful measure in estimating the entity's value. The reconciliation from total mortgage principal outstanding under IFRS to Adjusted Real Estate Debt can be found below under Net Asset Value.
Net Asset Value
The IFRS measurement most comparable to NAV is Unitholders' equity. With real estate entities, NAV is the total value of the entity's investment properties and cash minus the total value of the entity's debt. The Trust determines NAV by taking Adjusted Real Estate Assets and subtracting Adjusted Real Estate Debt, which management of the Trust believes is a useful measure in estimating the entity's value. The reconciliation from Unitholders' equity under IFRS to Net Asset Value is below.
Non-GAAP Ratios
The discussion below outlines the non-GAAP ratios used by the Trust. Each non-GAAP ratio has a non-GAAP financial measure as one or more of its components, and, as a result, do not have standardized meanings prescribed by IFRS and therefore may not be comparable to similar financial measurements presented by other entities. Non-GAAP financial measures should not be construed as alternatives to IFRS defined measures.
FFO per Unit, AFFO per Unit, and NAV per Unit
FFO per Unit includes the non-GAAP financial measure FFO as a component in the calculation. The Trust uses FFO per Unit to assess operating performance on a per Unit basis, as well as determining the level of Associate incentive-based compensation.
AFFO per Unit includes the non-GAAP financial measure AFFO as a component in the calculation. The Trust uses AFFO per Unit to assess operating performance on a per Unit basis and its distribution paying capacity.
NAV per Unit includes the non-GAAP financial measure NAV as a component in the calculation. Management of the Trust believes it is a useful measure in estimating the entity's value on a per Unit basis, which an investor can compare to the entity's Trust Unit price which is publicly traded to help with investment decisions.
FFO per Unit and AFFO per Unit, are calculated by taking the non-GAAP ratio's corresponding non-GAAP financial measure and dividing by the weighted average Trust Units outstanding for the period on a fully diluted basis, which assumes conversion of the LP Class B Units and vested deferred units determined in the calculation of diluted per Trust Unit amounts in accordance with IFRS.
NAV per Unit is calculated as NAV divided by the Trust Units outstanding as at the reporting date on a fully diluted basis which assumes conversion of the LP Class B Units and vested deferred units outstanding.
FFO per Unit Future Financial Guidance
FFO per Unit Future Financial Guidance is calculated as FFO Future Financial Guidance divided by the estimated weighted average Trust Units and LP Class B Units outstanding throughout the year. Boardwalk REIT considers FFO per Unit Future Financial Guidance to be an appropriate measurement of the estimated future financial performance based on information currently available to management of the Trust at the date of this Earnings Release.
AFFO per Unit Future Financial Guidance
AFFO per Unit Future Financial Guidance is calculated as AFFO Future Financial Guidance divided by the estimated weighted average Trust Units and LP Class B Units outstanding throughout the year. Boardwalk REIT considers AFFO per Unit Future Financial Guidance to be an appropriate measurement of the estimated future profitability based on information currently available to management of the Trust at the date of this Earnings Release.
FFO Payout Ratio
FFO Payout Ratio represents the REIT's ability to pay distributions. This non-GAAP ratio is computed by dividing regular distributions paid on the Trust Units and LP Class B Units by the non-GAAP financial measure of FFO.
Information in this news release that is not current or historical factual information may constitute forward-looking statements and information (collectively, "forward-looking statements") within the meaning of securities laws. The use of any of the words "expect", "anticipate", "may", "will", "should", "believe", "intend" and similar expressions are intended to identify forward-looking statements. Forward-looking statements contained in this press release include Boardwalk's financial guidance for fiscal 2022, expected distributions for August, September, and October 2022, and accretive capital recycling opportunities. Implicit in these forward-looking statements, particularly in respect of Boardwalk's objectives for its current and future periods, Boardwalk's strategies to achieve those objectives, as well as statements with respect to management's beliefs, plans, estimates, assumptions, intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations are estimates and assumptions subject to risks and uncertainties, including those described in its Management's Discussion & Analysis of Boardwalk under the heading "Risk and Risk Management", which could cause Boardwalk's actual results to differ materially from the forward-looking statements contained in this news release. Specifically, Boardwalk has made assumptions surrounding the impact of economic conditions in Canada and globally including as a result of the COVID-19 pandemic, Boardwalk's future growth potential, prospects and opportunities, the rental environment compared to several years ago, relatively stable interest costs, access to equity and debt capital markets to fund (at acceptable costs), the future growth program to enable the Trust to refinance debts as they mature, the availability of purchase opportunities for growth in Canada, general industry conditions and trends, changes in laws and regulations including, without limitation, changes in tax laws, mortgage rules and other temporary legislative changes in light of the COVID-19 pandemic, increased competition, the availability of qualified personnel, fluctuations in foreign exchange or interest rates, and stock market volatility. These assumptions, although considered reasonable by the Trust at the time of preparation, may prove to be incorrect.
This news release also contains future-oriented financial information and financial outlook information (collectively "FOFI") about Boardwalk's same property NOI growth, FFO per Unit, and AFFO per Unit guidance for fiscal 2022. Boardwalk has included the FOFI for the purpose of providing further information about the Trust's anticipated future business operation.
For more exhaustive information on the risks and uncertainties in respect of forward-looking statements and FOFI you should refer to Boardwalk's Management's Discussion & Analysis and Annual Information Form for the year ended December 31, 2021 under the headings "Risk and Risk Management" and "Challenges and Risks", respectively, which are available at www.sedar.com. Forward-looking statements and FOFI contained in this news release are made as of the date of this news release and are based on Boardwalk's current estimates, expectations and projections, which Boardwalk believes are reasonable as of the current date. You should not place undue importance on forward-looking statements or FOFI and should not rely upon forward-looking statements or FOFI as of any other date. Except as required by applicable law, Boardwalk undertakes no obligation to publicly update or revise any forward-looking statement or FOFI, whether a result of new information, future events, or otherwise.
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SOURCE Boardwalk Real Estate Investment Trust | https://www.wibw.com/prnewswire/2022/08/09/boardwalk-reit-reports-solid-second-quarter-results-with-strong-quarterly-sequential-revenue-growth/ | 2022-08-09T22:00:08Z |
ROCKDALE — Services for Jayne Anne Henry Thompson, 86, of San Gabriel will be 2 p.m. Sunday at San Gabriel Christian Church with the Rev. Billy Bob Cox officiating.
Burial will be in I.O.O.F. Cemetery in Rockdale.
Mrs. Thompson died Tuesday, May 24, in Weatherford.
She was born Dec. 26, 1935, in Austin to Imogene Eliza Mitchell and Jasper Warren Smith. She graduated from Thorndale High School. She attended Texas Christian University. She married her first husband, Larry Gene Henry, in 1955, and her second husband, Ken Thompson, in 2000. She was an English teacher. She taught piano and was a music director.
She was preceded in death by her husbands.
Survivors include two daughters, Donna Chambers and Jo Henry, both of Weatherford; two brothers, Jay Smith of Canyon Lake and Mitch Clark of Thornton; four grandchildren; and two great-grandchildren.
Visitation will be 5-7 p.m. today at Phillips & Luckey Funeral Home in Rockdale. | https://www.tdtnews.com/obituaries/article_38bc9a60-de11-11ec-9217-d3ae0f4ddc20.html | 2022-05-28T09:06:21Z |
ATLANTA, May 19, 2022 /PRNewswire/ -- Focus Brands®, parent company of iconic brands including Auntie Anne's®, Carvel®, Cinnabon® and Jamba®, announced today the appointments of four senior leaders on the specialty category leadership team, including three internal promotions.
Effective immediately, the following executives will be leading these key business functions within the company:
- Kerri Christian, SVP of Specialty Category Marketing
- Tracey Young, Chief Brand Officer, Cinnabon
- Jim Salerno, Chief Brand Officer, Carvel
- Jessica Osborne, VP of Marketing, Carvel
"As a leader, it is an honor and privilege to see colleagues continue to grow their career within a company while also having the opportunity to recruit top tier talent to further build our business," said Kristen Hartman, Specialty Category President. "With strong leadership we are well-positioned to continue to grow our brands and increase customer preference in today's competitive market."
Kerri Christian has been promoted to SVP of Specialty Category Marketing. Kerri previously served as VP of Marketing & eCommerce for Focus Brands Global Channels Licensing Division, where she worked to bring the company's iconic brands to grocery stores, eCommerce platforms, restaurants and other distribution channels through product innovation and partnerships. In her new role, Kerri will focus on digital engagement, strategic initiatives, innovation, and media across Auntie Anne's, Carvel, Cinnabon and Jamba. Prior to joining Focus Brands, Kerri served in marketing leadership roles at The Home Depot, The Wendy's Company and Procter & Gamble.
Tracey Young joins the company as Chief Brand Officer of Cinnabon. In this role Tracey will oversee marketing and operations for Cinnabon. Her forward-thinking vision, paired with the expertise of the current brand leadership team, will be critical as the iconic Cinnabon brand continues to evolve and grow. A restaurant industry veteran, Tracey most recently served as the Vice President, Strategy, Retail Operations at Panera where she led multiple cross-functional teams to drive restaurant operations strategies. Prior to Panera, she spent time at Dine Brands and Bloomin' Brands leading various operations and finance functions.
Jim Salerno has been named Chief Brand Officer of Carvel. Prior to his promotion, Jim was Vice President & General Manager of the brand. He joined Carvel in 1998, and, over the past 24 years, he has been an integral part of the Carvel franchise system and brand team. In his new role, Jim will drive the brand's marketing and operations functions with a focus on upholding the longstanding tradition of Carvel Soft Serve.
Jessica Osborne has been promoted to the VP of Marketing for Carvel. Jessica has been with Focus Brands for more than 12 years, serving in marketing roles for McAlister's Deli® and, most recently, leading Strategic Initiatives on the Specialty Category Marketing team. Jessica will lead the team focused on consumer marketing for the Carvel brand, overseeing menu strategy and innovation, digital, off-premise and marketing calendar initiatives.
About Focus Brands
Atlanta-based Focus Brands® is a leading developer of global multi-channel foodservice brands. Focus Brands, through its affiliate brands, is the franchisor and operator of more than 6,400 restaurants, cafes, ice cream shoppes, and bakeries in the United States, the District of Columbia, Puerto Rico, Guam and over 55 foreign countries under the Auntie Anne's®, Carvel®, Cinnabon®, Jamba®, Moe's Southwest Grill®, McAlister's Deli®, and Schlotzsky's® brand names, as well as the Seattle's Best Coffee® brand on certain military bases and in certain international markets. Please visit www.focusbrands.com to learn more.
Contact:
Abby Leary
aleary@focusbrands.com
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SOURCE Focus Brands | https://www.kxii.com/prnewswire/2022/05/19/focus-brands-builds-out-specialty-category-leadership-team/ | 2022-05-19T11:02:46Z |
Shareholders with $100,000 losses or more are encouraged to contact the firm
BENSALEM, Pa., April 20, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM).
Class Period: February 12, 2021 – February 10, 2022
Lead Plaintiff Deadline: April 29, 2022
Investors suffering losses on their Affirm investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Affirm's buy now, pay later service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (2) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; (3) Affirm maintained inadequate disclosure controls and procedures and internal control over financial reporting; (4) the Company's Tweet contained only selected metrics from its second quarter 2022 financial results, which caused investors to believe that the Company had performed better than it actually did; (5) the Tweet omitted material details, including that Affirm's quarterly loss was $0.57 per share, which was necessary in order to make the statement made not misleading; and (6) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith | https://www.wibw.com/prnewswire/2022/04/20/afrm-investors-have-opportunity-lead-affirm-holdings-inc-securities-fraud-lawsuit/ | 2022-04-20T18:15:32Z |
COLUMBUS, Ohio, June 23, 2022 /PRNewswire/ -- Brixey & Meyer, one of the region's top accounting and advisory firms, is pleased to welcome Matt Deptola to the team to help launch the firm's Environmental, Social and Governance (ESG) service line offering. Matt will lead Brixey & Meyer's ESG services effective June 13, 2022.
Environmental, Social, and Governance (ESG) provides a framework for thinking about risk and evaluating opportunities to improve efficiency and profitability. Matt and the business advisory services team will help companies assess these factors, provide actionable recommendations for how to improve and implement impactful solutions – all with the goal of bolstering the business' vitality in ways that also benefit the planet.
"We are excited to offer this service in the marketplace. ESG aligns with our firm's core values, and this is a growing focus for our clients and the community. Our team is thrilled to welcome Matt on board to lead this service offering for the firm. His knowledge and passion in this area is unmatched." - Doug Meyer | CEO, Brixey & Meyer
"By considering environmental, social, and governance factors, businesses can drive short and long-term value for their shareholders, employees, communities, and the environment. Brixey & Meyer's addition of ESG consulting to its impressive suite of tax, accounting, and business advisory services represents the firm's continued commitment to serving as a forward-thinking fiduciary of our clients." – Matt Deptola | Senior Manager, Brixey & Meyer
ESG provides a new, innovative lens for clients to consider in preparing for what the next 20-30 years could look like in their industry. Brixey & Meyer is proud to serve as a trusted advisor to its clients and the firm is dedicated to helping clients get started on their ESG journey.
About Brixey & Meyer
Brixey & Meyer is a CPA and consulting firm that continues to offer a strategic mix of value-added services. Each service line is focused on growing your business & moving it forward. To learn more about the services that Brixey & Meyer provides, please visit www.brixeyandmeyer.com.
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SOURCE Brixey & Meyer | https://www.wibw.com/prnewswire/2022/06/23/brixey-amp-meyer-expands-into-new-service-offering/ | 2022-06-23T14:50:51Z |
Now Through Mother's Day, Nominate an Inspiring Mom in Your Life (Or Yourself!) to Be Named a Mrs. T's All-Star Mom and Win Grant Money
SHENANDOAH, Pa., April 12, 2022 /PRNewswire/ -- Mrs. T's Pierogies is teaming up with TV Personality and mom Catherine Lowe to celebrate moms everywhere by launching the second year of Mrs. T's All-Star Moms – a salute to moms and all they do for their families each day. A survey conducted by Mrs. T's found that 95%* of moms have some type of hobby, but almost all of them (87%) experience barriers that get in the way of pursuing their hobbies and interests. With the leading barriers being other responsibilities, lack of time and lack of money, Mrs. T's will work to get moms back to their hobbies with All-Star Mom grants leading up to Mother's Day.
From photography classes to writing courses and side-hustles, Mrs. T's wants to recognize moms across the country by giving away up to $30,000 of grant money to fuel their passions and a year's supply of Mrs. T's Pierogies. Beginning today, Mrs. T's will give away $5,000 and a pierogy prize pack to three weekly winners. On May 9, Mrs. T's will select one nominated mom and award her a grand prize of $15,000 and a year's supply of Mrs. T's Pierogies.
Now through Mother's Day, everyone is invited to nominate an inspiring mom in their lives, including themselves, for the opportunity to be spotlighted on social media as a Mrs. T's All-Star Mom and receive fun prize packages. To nominate an All-Star mom in your life, visit http://www.mrstspierogies.com/AllStarMoms.
"Being a mom to three beautiful children is rewarding and so fulfilling, but it's not always easy to make time to pursue things I personally love, like learning to play the piano," said Catherine Lowe, TV Personality and mom. "We all know someone – an aunt, sister, friend, neighbor or our own mom – who has put her own passions on the backburner, and I'm excited to partner with Mrs. T's to help provide moms with the encouragement and support to get out there and explore the things that excite them."
In addition to nominating an inspiring mom in your life to be a Mrs. T's All-Star Mom, show you love and care for her – on Mother's Day and any day of the year – by making her a tasty meal and spending some quality time together around the dinner table. Catherine Lowe created a delicious Air Fried Mini Pierogy Shrimp Tempura Bowls that is easy-to-make and sure to be a crowd pleaser.
"Mrs. T's Pierogies was founded 70 years ago in honor of its own All-Star Mom – Mary Twardzik, the Mrs. T – so we are passionate about highlighting incredible moms," said LeeAnn Smulligan, Director of Marketing, Mrs. T's Pierogies. "As a mom, I know how tough it is to balance my children's needs with my own. It can also be challenging to set aside the resources needed for the many hobbies and interests that intrigue us, so I'm thrilled Mrs. T's is helping to encourage moms to pursue their passions and giving them the funds they need to do so."
Mrs. T's Pierogies adds big smiles and even bigger, bold flavor to everyday meals, apps, sides and snacks. Available in 13 flavors, including Classic Cheddar, Loaded Baked Potato and other favorites in full and mini sizes, Mrs. T's Pierogies can be found in the frozen food aisle. For more information and recipes, visit www.mrstspierogies.com, Instagram, Facebook, Twitter & Pinterest.
About Mrs. T's Pierogies
In 1952, Ted Twardzik Sr. dreamed of starting a food company inspired by his mother's pierogy recipe. He remembered how popular the Polish dumplings were at church festivals and thought people would be excited to purchase them from their local grocery stores year-round. Later that year, Ted sold the very first pierogy samples to his local grocery store in Shenandoah, PA, and to honor his mother Mary Twardzik – the Mrs. T – he called his company Mrs. T's Pierogies. Now, 70 years later, Mrs. T's Pierogies is the largest producer of frozen pierogies, producing 600 million pierogies a year.
* A quantitative, proprietary custom survey was fielded online on March 11-14, 2022 using the demographically and geographically-representative national panel and insight platform, SUZY, with the following criteria. Survey Screen for Moms: N=1030; Mom – with at least 1 child <18 years old; Age 18-65
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SOURCE Mrs. T’s Pierogies | https://www.kxii.com/prnewswire/2022/04/12/mrs-ts-pierogies-catherine-lowe-team-up-provide-support-moms-invest-their-hobbies-interests/ | 2022-04-12T18:11:30Z |
New Year's Day shooting victim remembered at vigil
CANTON – For seven months, Marquetta Williams has carried the torch for her late husband, James R. Williams.
Every Wednesday at noon, she protests in front of the city's Police Department. On Saturdays at 3 p.m., the protest begins in the same place, then marches to the Stark County Courthouse.
"I've been doing it since January," she explained.
Grand jury next:When will it hear shooting case?
Williams shooting:Canton police officer shoots, kills armed man just as 2022 begins
She's been doing it because she doesn't want anyone to forget what happened to her husband on Jan. 1. That's when 46-year-old James Williams — who was firing an AR-15 rifle into the air to celebrate a new year at midnight — was shot and killed by a Canton police officer.
Body camera footage shows officer Robert Huber firing into a wooden fence at Williams' home in the 2300 block of 10th Street SW. The officer had responded to a call about shots fired in the area.
Others remember Williams, too.
A couple dozen people gathered Saturday evening next to the courthouse to talk about him, pray, seek peace and demand justice.
People like the Rev. Ray Cox from the Community Drop In Canter; the Rev. Don Ackerman from Crossroads United Methodist Church across the street; Deacon Bill Lambert of St. Paul Catholic Church, who confessed to being an "old white guy" from North Canton; Hector McDaniel, president of the Stark County NAACP, and Moniquec Conner, a vice president.
"Reverance and unity" was the theme of the event, Cox said.
Ackerman said he's grown weary of the continued theme of violence in the streets of Canton.
"We know we can do better," he said.
"Our strength lies in our diversity," Lambert said.
McDaniel said there are good police officers, but there also are racist ones. He described the problem as systemic, with roots dating to the 1700s. The only way to attack the problem, he said, is through major reform, such as eliminating qualified immunity — a legal doctrine that personally protects officers and public officials in lawsuits.
"It has to go," McDaniel shouted.
Conner called James Williams a good family man. He and Marquetta had three children together and six kids in all. Marquetta, who's 33 years old, said she'd been with him for 14 years.
"It's all I know," she said.
In March, she filed a federal lawsuit, claiming the city violated her husband's civil rights in the shooting. The Ohio Bureau of Criminal Investigation has completed its probe of the shooting — Stark County Prosecutor Kyle Stone's office has said the case will be presented to a grand jury.
James and Marquetta WIlliams' youngest daughter, Ja'Lia, 9, said she had so much fun with her father.
"I love my dad and I miss him," she said.
The 90-minute event concluded with the lighting of candles in James Williams' honor.
Gathered in a circle, those in attendance, chanted in unison: "Rest in Peace James Williams. Time for change; justice for James. If we don't get it; shut it down. Say his name; James Williams."
Reach Tim at 330-580-8333 or tim.botos@cantonrep.com. On Twitter: @tbotosREP. | https://www.cantonrep.com/story/news/2022/07/16/canton-candlelight-vigil-honors-james-williams-killed-jan-1-by-canton-police-offiicer/10049165002/ | 2022-07-17T02:51:23Z |
An all-in effort to help students recover from the impacts of the pandemic and thrive
BALTIMORE, July 5, 2022 /PRNewswire/ -- A diverse group of public and non-profit organizations are announcing their support for the National Partnership for Student Success (NPSS), a coordinated, research-based, locally-driven, all-in effort to help all students recover from the impacts of the COVID-19 pandemic and thrive. This initiative will be launched today at a White House event by the Biden-Harris Administration: WHITE HOUSE FACT SHEET.
The NPSS will encompass a nationwide three-year effort to bring together committed, high-quality education, service, and youth development organizations to recruit, screen, train, support, and engage an additional 250,000 Americans serving as academic tutors, high quality mentors, student success coaches, wraparound integrated student support coordinators, and post-secondary transition coaches for students in PreK through high school. These adults will work side-by-side with educators and other personnel in and out of school settings in roles that research shows result in gains in reading and math, high school and college graduation rates, reductions in chronic absenteeism, and improved student well-being and mental health.
The NPSS brings together the Biden-Harris Administration, led by the U.S. Department of Education and AmeriCorps, the Johns Hopkins Everyone Graduates Center, and a diverse coalition of local, state, and national education, service and youth development organizations committed to providing holistic academic and other supports that the research shows will help our students succeed.
The NPSS will work with school districts, AmeriCorps state service commissions, national and local student support providers, and community-based non-profit organizations to increase the number of students receiving evidence-based people-powered student supports based on locally determined needs and using existing revenue—including American Rescue Plan funds, federal education funds, state and local resources, and AmeriCorps programs. It also will help to address longstanding inequities and opportunity gaps in education, which have been exacerbated by the pandemic.
The full release is available here.
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SOURCE National Partnership for Student Success | https://www.mysuncoast.com/prnewswire/2022/07/05/diverse-coalition-education-groups-announces-support-national-partnership-student-success-launched-today-by-biden-harris-administration/ | 2022-07-05T21:04:20Z |
NEW ORLEANS, July 29, 2022 /PRNewswire/ -- Entergy's board of directors today declared a quarterly dividend payment of $1.01 per share on the company's common stock.
The dividend is payable Sept. 1, 2022, to shareholders of record as of Aug. 11, 2022. Entergy has paid shareholders a cash dividend on its common stock continuously since 1988.
Entergy (NYSE: ETR), a Fortune 500 company headquartered in New Orleans, powers life for 3 million customers through its operating companies across Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. Our approximately 12,000 employees are dedicated to powering life today and for future generations. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife
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SOURCE Entergy Corporation | https://www.mysuncoast.com/prnewswire/2022/07/29/entergy-announces-quarterly-dividend-payment-shareholders/ | 2022-07-29T20:32:00Z |
Hometown officer dies in crash 2 days after retiring from police department
HAMDEN, Conn. (WFSB/Gray News) - A former officer in Connecticut died in a crash two days after retiring from the police department.
According to the Hamden Police Department, Michael Pantera was killed in a crash on Tuesday; he retired on July 31 after spending 24 years with the police force.
Hamden police said Pantera would be remembered as a compassionate officer who deeply cared about the Hamden community – serving his hometown with honor and distinction throughout his career.
WFSB reports Hamden Mayor Lauren Garrett offered her condolences to Pantera’s family and friends and ordered flags at half-mast to honor the former officer.
Officials didn’t release immediate details about the crash that took Pantera’s life but said it occurred in North Branford, Connecticut.
Copyright 2022 WFSB via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/03/hometown-officer-dies-crash-2-days-after-retiring-police-department/ | 2022-08-03T20:42:10Z |
MCLEAN, Va., July 28, 2022 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of critical mission solutions and support to defense clients globally, will report its financial results for the Second quarter ended July 1, 2022, on Tuesday, August 9, 2022, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day.
U.S.-based participants may dial in to the conference call at 877-242-2259, while international participants may dial 416-981-9017. A live webcast of the conference call as well as an accompanying slide presentation will be available on the V2X Investor Relations website at http://investors.vectrus.com.
A replay of the conference call will be posted on the V2X website shortly after completion of the call and will be available for one year. A telephonic replay will also be available through August 23, 2022, at 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 22020062.
ABOUT V2X
V2X is a leading provider of critical mission solutions and support to defense clients globally, formed by the 2022 merger of Vectrus and Vertex to build on more than 120 combined years of successful mission support. The Company delivers a comprehensive suite of integrated solutions across the operations and logistics, aerospace, training and technology markets to national security, defense, civilian and international clients. Our global team of approximately 14,000 employees brings innovation to every point in the mission lifecycle, from preparation, to operations, to sustainment, as they tackle the most complex challenges with agility, grit and dedication.
Contact Information
Mike Smith, CFA
michael.smith@vectrus.com
(719) 637-5773
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SOURCE V2X, Inc. | https://www.wibw.com/prnewswire/2022/07/28/v2x-announce-second-quarter-2022-financial-results/ | 2022-07-28T20:43:05Z |
Kelly Osbourne announces pregnancy online
Published: May. 13, 2022 at 10:29 AM CDT|Updated: 46 minutes ago
(CNN) – Rocker Ozzy and Sharon Osbourne are about to be grandparents again.
Their daughter, Kelly Osbourne, announced on social media Thursday she is expecting her first child.
Osbourne shared a photo of herself holding a picture of the ultrasound.
The 37-year-old is expecting the baby with her boyfriend Sid Wilson, who is a member of the heavy metal band Slipknot.
The two have been friends since 1999 but recently started dating in January.
Her brother, Jack Osbourne, has three children with another on they way.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/13/kelly-osbourne-announces-pregnancy-online/ | 2022-05-13T16:17:08Z |
Designers’ Showhouse to kick off with Bare Bones tours of new home
TOPEKA, Kan. (WIBW) - The Designers’ Showhouse season will kick off with the Bare Bones tours of the home which will be transformed and ready to view again in April 2023.
Child Care Aware of Eastern Kansas says it is excited to announce it has purchased a home to serve as the 2023 Designers’ Showhouse. It said the Showhouse is a fundraiser to benefit children and support Child Care Aware’s mission. It is a creative partnership between the agency, designers and craftsmen to transform a home for public tours, activities and resale.
The organization noted that the 2023 home is located at 8338 SW 37th St. on the northeast corner of 37th and Auburn Rd.
Child Care Aware has invited the public to view the home between 10 a.m. and 5 p.m. on June 3 and 4 for a “Bare Bones” tour. It said the tours will cost $5 per person and tickets can be purchased online or at the door.
“People just love seeing the home before the massive renovation process gets underway,” said Reva Wywadis, Executive Director of Child Care Aware® of Eastern Kansas. “It’s so fun to walk around and share your ideas about the renovation plans and then come back in the Spring to see what actually happens. The amazing contractors, craftsmen, and designers always use their incredible talent in ways that exceed my expectations. The Designers’ Showhouse is a great way to get ideas for renovation and design for your own home while supporting a great cause.”
The organization said it supports the healthy development of young children through the improvement of access to high-quality child care options and educational resources for families and early childhood professionals. It said all proceeds from the Designers’ Showhouse will provide programs and services to support that mission and benefit young children and their families.
Child Care Aware said it offers families customized child care referrals and links to community resources to benefit overall well-being and success. It also provides professional development and consultation services to area child care programs. It said all services focus on aid to ensure children arrive at school with the skills needed for success.
The Designers’ Showhouse will be completed and ready for final tours in April 2023.
For updates on the Showhouse, click HERE.
To buy tickets online for a Bare Bones tour, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/25/designers-showhouse-kick-off-with-bare-bones-tours-new-home/ | 2022-05-25T16:47:31Z |
Integration Will Enable More Reliable Corporate ESG Reporting on the "S"
CHICAGO, Aug. 24, 2022 /PRNewswire/ -- The Impact Genome Registry™, the world's leading impact verification platform, announced it has partnered with Benevity, the leading provider of global corporate purpose software. The partnership will make the Impact Genome Registry available to the 940 companies who rely on Benevity's corporate purpose platform to manage their social impact initiatives. Once implemented, Benevity clients will be able to search for, verify and report on the social outcomes achieved through their corporate philanthropy and employee and consumer engagement products.
"By offering a standardized, independent registry for verifying social impact, Impact Genome Registry is solving a major ESG challenge for corporations – reliably measuring and reporting on the 'S' in ESG," said Jason Saul, CEO, Impact Genome. "Through this partnership, Benevity is enabling more companies to measure and report on their social impact with the same specificity and confidence currently used for reporting environmental impact."
The Impact Genome Registry enables companies to objectively evaluate social impact outcomes of any grant, partnership or corporate initiative. Outcomes are standardized, verified and benchmarked using quantifiable cost-per-outcome and efficacy metrics. The Impact Genome Registry is built on peer-reviewed standards that enable positive social outcomes to be reported in ESG scores. This approach provides a significant advantage over reporting static ESG indicators such as dollars granted or volunteer hours spent. The Impact Genome Registry is widely used by corporations, governments, nonprofits and philanthropic foundations.
Benevity's corporate purpose software is a holistic and integrated solution used by some of the world's most iconic brands including Microsoft, Google, Pfizer and UPS to manage their community investments and grants, drive DEIB (diversity, equity, inclusion and belonging), engage their employees and customers in supporting the causes they care about and measure impact. To date, Benevity's clients and their people have donated more than $10 billion and volunteered over 46 million hours to support 326,000 nonprofits worldwide.
"We are thrilled to be partnering with Impact Genome to enable more companies to understand, measure and report on their impact in a way that is less manual and burdensome to nonprofits than ever before," said Sona Khosla, Benevity's Chief Impact Officer and Head of Benevity Impact Labs. "As more businesses embed purpose into their overall business objectives, they are being asked to report on their total social impact, which has not been possible in a tech-enabled, scalable way that is efficient for both nonprofits and companies until now. We look forward to being able to provide the only complete reporting solution on the 'S' to companies who want their employees, customers and broader stakeholders to know they are serious about being a force for good."
The partnership was first announced in June during Benevity's Goodness Matters 2022 Conference. A video of Saul's keynote presentation can be viewed here.
The Impact Genome Registry allows users to precisely identify the causes they want to support and to objectively predict which programs will have the most significant outcomes based on the goals the company wants to achieve, allowing users find and support nonprofit organizations based on their precise outcomes, size of impact, cost-effectiveness and beneficiaries, among other criteria. The Impact Genome Registry provides standardized, comparable impact data on more than 2 million charities.
The Impact Genome Registry enables companies to verify and report on social impact with a level of rigor and confidence commensurate with measurement of environmental impact (or 'E') in ESG. The Impact Genome Registry's common data model enables industry-wide outcomes benchmarking and portfolio impact reporting. Users are able to report verified social impacts to ESG ratings and ranking firms, improving investor/stakeholder confidence and ESG data quality.
Importantly, the Impact Genome Registry also benefits and provides efficiencies for nonprofits. Using the Impact Genome Registry, nonprofits are able to generate a verified impact report for all donors, freeing up time spent writing individualized reports for every different donor. In addition, the Impact Genome Registry makes nonprofits more discoverable by donors seeking precise outcomes and beneficiaries, improving access to funding and lowering the cost of capital for charities. This new level of discoverability will help nonprofits of all sizes compete for funding based on their ability to consistently and reliably deliver outcomes.
The Impact Genome Registry enables nonprofits and funders to report standardized, verifiable data on 132 common social impact outcomes. It was created through a public-private research initiative that included leading social scientists, economists, statisticians, and evaluators. The Impact Genome Registry has standardized impact data for 2.2 million social programs and has verified more than $3.5 billion in social spending for Fortune 500 companies, foundations, and leading government agencies. Learn more at impactgenome.org and follow us on LinkedIn.
Benevity, a certified B Corporation, is the leader in global corporate purpose software, providing the only integrated suite of community investment and employee, customer and nonprofit engagement solutions. Recognized as one of Fortune's Impact 20, Benevity offers cloud solutions that power purpose for many iconic brands in ways that better attract, retain and engage today's diverse workforce, embed social action into their customer experiences and positively impact their communities. With software that is available in 22 languages, Benevity has processed more than $10 billion in donations and 46 million hours of volunteering time to support 326,000 nonprofits worldwide. The company's solutions have also facilitated 530,000 positive actions and awarded 1.2 million grants worth $12 billion. For more information, visit benevity.com.
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SOURCE Impact Genome Project | https://www.wibw.com/prnewswire/2022/08/24/impact-genome-registry-benevity-partner-help-companies-verify-social-impact/ | 2022-08-24T15:44:26Z |
TIFTON — Visitors can break out the red, white and blue on July 2 to celebrate their patriotic pride at the Wiregrass Freedom Festival at the Abraham Baldwin Agricultural College Georgia Museum of Agriculture.
Opportunities to ride the 1914 Vulcan Steam Train into the Historic Village and enjoy numerous entertaining games and contests representative of the Wiregrass region of Georgia during the early 20th century will be part of the festival.
All ages can enjoy traditional baseball, watermelon samples, and challenge their historical vocabulary knowledge with trivia in the Wiregrass School House. Kids can enjoy cane pole fishing in the Grist Mill Pond.
Victorian-era paper firework crafts will add to the atmosphere, which will be made sweeter by the pie-baking contest. Contest rules require pies to be made offsite and brought to the museum for entry.
Pies can be submitted from 9 until 11:30 a.m. at the welcome desk inside the main museum. A copy of the recipe must be submitted with the pie, which should include a list of all ingredients. Winners will be announced at 1 p.m. on the Drug Store porch.
The action-packed list of activities begins at 9 a.m. and continues until 4 p.m. at the museum, located just off Interstate 75 in Tifton.
“The event will highlight the history of America as we celebrate our great nation through fun, educational, and unique activities for the whole family,” Museum Director Garrett Boone said. “Celebrate the holiday with old-fashioned fun in the Historic Village.”
Guests can cool off with a slice of watermelon at the Cravey House or hand-dipped ice cream from the Drug Store. Enjoy other sweet treats from Simply Sweet Celebrations and Wilma’s Place on the Opry Shelter Lawn. Guests can break from fun in the sun at two comfort stations complete with shade, water and misters.
See the past in action at the antique tractor display on the Tift House Lawn. The antique tractors will parade through the Historic Village at noon.
The Wiregrass Farmers Market also will be open for visitors from 9 a.m. until noon. Local growers and producers will offer fresh picked produce as well as hand-made goods for sale at the market, located under the pole barn behind the Country Store.
Admission for the day is $12 for adults, $10 for senior citizens, $6 for children 5—16 years of age, and free for children 4 and under. For more information, interested persons can contact the museum’s Country Store at (229) 391-5205.
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accounts, the history behind an article. | https://www.albanyherald.com/news/georgia-museum-of-agriculture-to-host-july-2-wiregrass-freedom-festival/article_729d11c0-f300-11ec-8533-a3bbb4dc76ac.html | 2022-06-25T15:38:05Z |
LAS VEGAS, June 17, 2022 /PRNewswire/ -- EBET, Inc. (NASDAQ: EBET) ("EBET" or the "Company"), a leading global provider of advanced wagering products and technology, announced today that it has closed its previously announced private placement of 977,657 shares of common stock and warrants to purchase up to an aggregate of 977,657 shares of common stock, at a purchase price of $3.58 per share of common stock and associated warrant, for gross proceeds to EBET of approximately $3.5 million. The gross proceeds exclude fees and other offering expenses payable by the Company. The warrants have an exercise price of $5.00 per share of common stock and will be exercisable six months from the closing of the offering for a period of five years from the closing date.
The Company intends to use the net proceeds from the private placement for general corporate purposes.
The offer and sale of the foregoing securities are being made in a transaction not involving a public offering and the securities have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.
This press release shall not constitute an offer to sell or a 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.
EBET develops award-winning, groundbreaking and engaging wagering products for bettors around the world. The company is focused on bringing better odds and technology solutions to cater to the Millennial and Gen-Z demographics. It has an expanding portfolio of intellectual property with patents pending around odds modeling simulation, an electronic sports betting exchange system, live streaming odds integration and enhancing modeling probabilities in multi-player games. EBET operates online sportsbook and casino brands Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, GenerationVIP and Gogawi, which have over 1.25 million deposited customers in more than 15 countries. The company recently was awarded Esport Product of the Year at the 2021 SiGMA Europe, 2022 SiGMA Asia, and 2022 SiGMA Americas Awards. Its brand Karamba received SBC's 2021 award for Innovation in Casino & Gaming Entertainment and was named Online Casino of the Year at the 2022 SiGMA Americas Awards. EBET, Inc. is listed on the Nasdaq under the symbol EBET (CUSIP 278700109). EBET, Inc. was previously Esports Technologies Inc. The name changed on May 5, 2022, to better reflect the company's business and mission.
For more information, visit: https://ebet.gg/.
Forward-Looking Statements: This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, statements related to the intended use of net proceeds from the private placement. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, actual results or outcomes may prove to be materially different from the expectations expressed or implied by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed in the Company's filings with the Securities and Exchange Commission, including as set forth in Item 1A. "Risk Factors" in our most recently filed Form 10-K filed with the Securities and Exchange Commission and updated from time to time in our Form 10-Q filings and in our other public filings with the SEC. The Company does not undertake any obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.
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SOURCE EBET Inc | https://www.mysuncoast.com/prnewswire/2022/06/17/ebet-inc-announces-closing-private-placement-358-per-unit-common-stock-one-warrant-purchase-common-stock-5-per-share/ | 2022-06-17T14:38:29Z |
BreakAway to help execute XFL's technology initiatives focused on holistic player development
XFL will scout and further develop talent using BreakAway's cutting-edge technologies
In partnership with BreakAway, the XFL will be the first sports league to empower athletes with total access to own their performance data
Watch BreakAway Data in action HERE
NEW YORK, June 16, 2022 /PRNewswire/ -- The XFL today announced a partnership with BreakAway Data ("BreakAway"), a high-performance sports company that leverages cutting-edge technology and data insights to help athletes and coaches optimize performance, training, recovery and player health. The XFL will utilize BreakAway's full suite of products and advisory services, including its athlete data software (BreakAway mobile app), player biomechanics assessments (Field Labs) and its athlete management system (Stacks), to enhance the XFL's player development and technology strategy. The XFL will also use BreakAway's technologies at its upcoming showcase series, which will take place in six cities across the U.S. starting in June.
BreakAway will serve as an extension of the XFL's enterprise technology team, helping formulate and build a comprehensive, next-generation player data strategy. This includes an advisory role in evaluating and onboarding new football tech partners that align with football operations. As part of this relationship, BreakAway will build new products fueled by player data that will strengthen player development, empower peak athlete performance and unlock unique fan engagement experiences.
"BreakAway is an industry leader in sports data, using best-in-class technology to turn intangibles into measurables and leveraging those findings to improve and enhance the player development cycle from scouting through game time," said Russ Brandon, XFL President. "The XFL has always been an innovative league, and we're continuing to invest in the latest technologies to further enhance the game of football. The ability to use player data efficiently and effectively presents a huge opportunity for us. We are looking forward to working with BreakAway and exploring new ways to enhance our innovation initiatives across our league."
At the XFL's showcase series this summer, BreakAway will organize high-tech, position-specific drills to highlight athletes' strengths and their ability to execute real football moves in game-like situations. All prospects who participate in the showcases will have their biomechanics data automatically uploaded into the BreakAway mobile app.
"As a League, we are committed to putting athletes first and setting them up for success both on and off the field," said Doug Whaley, Senior Vice President, Player Personnel, of the XFL. "Athletes should have full access to their data, and with BreakAway's technology, all XFL players will be able to track their performance and progress in one place."
Players who make XFL rosters will have performance data continuously uploaded into their BreakAway app, which can log data from any source. Leading up to and throughout the season, XFL teams will organize performance data using BreakAway's athlete management system, Stacks, which connects to the apps and gives players and coaches a modern engagement, development and communication tool.
"The data we collect for athletes in the BreakAway app is their personal scoreboard to measure progress and get the most out of themselves every day," said BreakAway Data CEO David Anderson. "The age of athlete data ownership is long overdue. It's fitting that the XFL, a league known for its innovation, is now giving players the ability to look deep within themselves and understand everything about their performance through the lens of data. It's a new way of doing things, a better way of doing things."
For more information, visit XFL.com and follow us on Twitter, Facebook, and Instagram.
About XFL
The XFL's ownership group—led by Dany Garcia, Dwayne Johnson, and Gerry Cardinale's RedBird Capital Partners—is building a fan-first, fast-paced global professional football league with innovative rules and an enhanced 360-game experience. The XFL will bring entertainment to world-class football, with the goal of advancing football and expanding player opportunities when it launches in February 2023.
About BreakAway Data
BreakAway is a high-performance sports company that delivers actionable, cutting-edge data insights to athletes via the BreakAway app (which connects to Stacks, the company's coaching portal for teams). BreakAway not only collects biomechanics data on athletes, it also puts all forms of athlete data—from any source—at the heart of development and engagement, empowering players and coaches to optimize performance, health, and daily improvements that create a winning culture. BreakAway is utilized by Power 5 football programs, NFL MVPs, Super Bowl champions, NBA All-Stars, Olympic gold medalists, pro and D1 athletes, Elite 11, Under Armour Next, and those who desire to be elite.
For more information, visit BreakAwayData.com and follow us on Twitter and Instagram.
XFL Media Contacts
Jeremy Watkins
jwatkins@hstrategies.com
Dan Gagnier / Lindsay Barber
XFL@gagnierfc.com
BreakAway Media Contact
Matt Gagne
mg@breakawaydata.com
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SOURCE XFL | https://www.kxii.com/prnewswire/2022/06/16/xfl-announces-partnership-with-breakaway-data-an-innovative-high-performance-sports-company/ | 2022-06-16T15:12:20Z |
Teen accused of killing Spanish high school teacher to be tried as adult, judge ruling
FAIRFIELD, Iowa (KCRG/Gray News) - A judge in Iowa has denied the request to transfer a case involving a teen who is accused of killing a high school teacher to juvenile court.
Jeremy Goodale, 17, and another teen, Willard Miller, are accused of killing Fairfield High School Spanish teacher Nohema Graber last year.
KCRG reports Graber was reported missing on Nov. 3, 2021. Her body was later found at Chautauqua Park, and police said she was beaten with a baseball bat.
Goodale faces charges of first-degree murder and conspiracy to commit a forcible felony in a separate trial from Willard Miller.
State officials report both teens would be charged as adults, and Miller has a motion to move his trial to juvenile court, but that has currently not been ruled on.
Attorneys for Goodale said he was a good candidate for rehabilitative efforts. But the state argued the Iowa State Training School would only hold him until he turned 18, limiting the amount of time available for rehabilitation for such a serious offense.
A jury trial for Goodale is scheduled for Aug. 23.
If both teens are convicted as adults, they face life in prison without parole.
Copyright 2022 KCRG via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/11/teen-accused-killing-spanish-high-school-teacher-be-tried-adult-judge-ruling/ | 2022-05-12T00:46:20Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW)'s sale to funds managed by affiliates of Apollo Global Management, Inc. and affiliates of J.F. Lehman & Company and Hill City Capital for $102.50 per share in cash. If you are an Atlas shareholder, click here to learn more about your rights and options.
Global Blood Therapeutics, Inc. (NASDAQ: GBT)'s sale to Pfizer Inc. for $68.50 per share in cash. If you are a Global Blood shareholder, click here to learn more about your rights and options.
CyberOptics Corporation (NASDAQ: CYBE)'s sale to Nordson Corporation for $54.00 per share. If you are a CyberOptics shareholder, click here to learn more about your rights and options.
Avalara, Inc. (NYSE: AVLR)'s sale to Vista Equity Partners for $93.50 per share. If you are an Avalara shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.kxii.com/prnewswire/2022/08/22/shareholder-investigation-notice-halper-sadeh-llp-investigates-aaww-gbt-cybe-avlr/ | 2022-08-22T14:55:29Z |
-Edge Computing/Medical/Smart Energy/Gaming/PD Charger-
TAIPEI, May 19, 2022 /PRNewswire/ -- FSP Group, the world's leading high-performance ODM & Modified STD power supply manufacturer, today unveils the next wave of products designed with bleeding-edge technology that outperforms their rivals.
FSP Group to showcase their latest innovative tech solutions for various applications at COMPUTEX this year, aimed at a wider range of business fields such as edge computing, medical, smart-energy, gaming PC, and PD charger applications. Welcome to visit us at 403 meeting room, 4F in Taipei Nangang Exhibition Center during May24th-27th, 2022.
FSP looks to push the boundary of edge computing technology with a brand-new lineup of power supplies this year. Specifically designed to maximize the performance of large-scale information centers and similar operations. These new power supplies feature small size, smart functionalities, power delivery efficiency, and anti-lightning features in a highly power density design. Additionally, FSP announces that they provide customized solutions to meet the ever-changing demand of the industry. More: https://bit.ly/37Bzr0T
Planning to extend their expertise in the medical field this year, using over 2 decades of unparalleled experience manufacturing medical use power supplies, FSP and Protek's (Protek, a brand of FSP Group) latest medical machinery focused power supplies are built for extensive terminal product applications, such as ventilators, rehabilitation devices, operating tables, ultrasound imaging equipment, biochemical analysis equipment, ophthalmic equipment, dental workstations, etc. Designed to cover four aspects, ADAPTOR, OPEN FRAME, PC POWER & BATTERY BACKUP solution, they can be Semi-customized or fully customized in a power range from 18W to 1100W according to the needs of the customer in small to large volumes. More: https://bit.ly/3l3yCRI
Seeking a better solution for a sustainable approach to energy, FSP Group at COMPUTEX this year announced that they will actively focus on hybrid ESS and inverter, the design of battery energy storage systems. Primarily focusing on the application fields of home use, commercial offices, buildings, and factories, FSP's product plan for smart-energy solutions for the foreseeable future includes Energy Storage System / PV inverter / Battery Module/ UPS and electric vehicle Battery Charger. Furthermore, FSP's smart-energy storage system showcases reduced power wiring loss through the modular design, and the Multi-parallel-serial combinations demonstrate high flexibility. With high-power high-density design (HPHD) as the basis, the construction area is further reduced by 50%. More: https://bit.ly/3ysNxwN
FSP Group plans to expand its boundaries in the gaming PC industry in 2022 by introducing innovative power supply solutions with reinforced power delivery technology, and next-level safety features. PSDG ATX3.0 is in compliance with the new power design specification update in 2022, which includes CPU 12V current configuration, peak load requirements, and other design specifications, FSP looks to collaborate with market leaders like Intel and AMD to make cohesive power units that supply the best power output to extract the maximum performance out of the latest processors. Additionally, FSP gaming-focused power supplies showcase the new PCIe Gen 5 supporting hardware with the latest power supplies carrying PCIe 12VHPWR cable, designed to output higher to cater to the latest high demand GPUs in the market. More: https://bit.ly/3Masd2Z
FSP this year at COMPUTEX will also showcase PD Charger Application. The new PD Charger product series aims to provide a full range of wattages from 30-240W solution and includes wall-mounted and desktop, direct, and indirect reference standards and customized product plans in order to meet the needs of customers from different industries. More: https://bit.ly/3L7t17F
To conclude, FSP looks to dominate the market with innovative solutions that cater to a wide range of users. At COMPUTEX 2022 FSP Group announces intentions very clearly, to become the leading force of the global power supply industry for the years ahead and promises uncompromising, innovative solutions for the masses.
For more product information, please visit:
FSP Group's official website at: www.fsp-group.com
FSP Group Brand Product website at: www.FSPLifestyle.com
Facebook: www.facebook.com/FSP.global
LinkedIn: www.linkedin.com/company/fsp-technology-inc.
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SOURCE FSP | https://www.wibw.com/prnewswire/2022/05/19/fsp-top-brand-power-supply-five-application-fields/ | 2022-05-19T12:59:32Z |
DALLAS (KDAF) — Flying in Texas must be a real treat for Americans as TravelAwaits has released its list of the top eight airports most loved in the U.S. (according to its readers).
Didn’t quite make the top of the list but Dallas and Austin are representing the Lone Star State well right behind the No. 1 Denver International Airport. Here’s a look at the top eight:
- Denver International Airport
- Austin-Bergstrom International Airport
- Dallas Love Field Airport
- Seattle-Tacoma International Airport
- Tampa International Airport
- Minneapolis-St. Paul International Airport
- Charlotte Douglas International Airport
- Orlando International Airport
Dallas Love Field tweeted, “TOP 3: Thank you @TravelAwaitsNow readers for naming us a Favorite U.S. Airport finalist in this year’s Best Of Travel Awards!”
TravelAwaits had this to say about AUS, “AUS is just southeast of the center of Texas. Unique to this airport, AUS has live music performances, reinforcing the city’s desire to become the “Music Capital of the World.” Passengers can experience and feel the energy of live musicians jamming as they walk throughout the airport.”
And this about DAL, “True Southern hospitality is what keeps passengers coming back. It’s a smaller and simplified airport, making this a breeze to transit to the Dallas proper area, just 6 miles away. It’s small enough to walk about, with no need for rail service or shuttle buses to get around. This is truly Southwest Airlines country, and it’s evident they dominate this part of the state.”
Check out the full article on the 8 Top Airports in the U.S., here. | https://cw33.com/news/local/these-2-texas-airports-among-the-most-loved-in-u-s/ | 2022-07-18T20:36:01Z |
The two agencies will offer expanded Research & Marketing Strategy services
LOS ANGELES and NEW YORK, Aug. 23, 2022 /PRNewswire/ -- Touchstone Research is a tech driven full service marketing research firm delivering next gen research to the world's largest brands, marketers and agencies. Increasingly, clients are looking for a seamless partner experience that goes from producing Research to producing the creative and campaign briefs based on those findings for Marketing.
"We are excited to partner in providing clients with both efficiency and opportunity for stronger collaboration between Research & Marketing, or what the data says and what to do with it," noted Jake Katz founder of SUP3RNATURAL.
SUP3RNATURAL, is a newly launched Strategy agency from Trailer Park's former head of Strategy Jake Katz. SUP3RNATURAL works with clients across Entertainment, Brands, and Music, to provide strategic planning in service of Marketing. "The partnership with Touchstone provides SUP3RNATURAL's clients with creative testing, positioning, and audience research capabilities through Touchstone's global panel partnership program with access to millions of panelists across a range of demographics including kids, teens, young adults age 18-29 and adults age 30-65 ", said Jake.
Touchstone Research, who provides consumer research services for the world's largest media & entertainment, technology, youth and family brands, will expand its ability to support clients with the SUP3RNATURAL partnership. "We're partnering with SUP3RNATURAL to bring our clients added value when it comes to actioning research in service of Marketing," said Aaron Burch CEO of Touchstone Research. Aaron added, "In addition to providing our clients with data-driven insights into their consumers, our partnership with SUP3RNATURAL and their marketing strategy skill set, allows clients to access a singular external partner experience as planning goes from fielding research to writing the creative or campaign brief. "
Touchstone Research is a leading provider in global quantitative and qualitative research, specializing in full-service quantitative survey services, online insight communities, user experience, and ethnographic research.
As news of mergers and acquisitions across the Entertainment industry continue to make headlines, the Touchstone Research & SUP3RNATURAL partnership is another recent example of a trend in the agency community getting ahead of providing clients with seamless and global solutions, as marketers strive to make better use of data and design campaigns with both a domestic and international mindset.
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SOURCE SUP3RNATURAL LLC | https://www.mysuncoast.com/prnewswire/2022/08/23/touchstone-research-amp-sup3rnatural-announce-strategic-partnership/ | 2022-08-23T16:13:19Z |
HO CHI MINH CITY, Vietnam, Sept. 7, 2022 /PRNewswire/ -- HonorFX is among famous online forex brokers in the global market and the firm found its way to the Vietnam market since 2021. In the third quarter of 2022, HonorFX has proved themselves to be transparent, secure and trustworthy towards their clients as well as traders in the community despite terrible fluctuations.
HonorFX remains transparent and focuses on its technology integration as well as customer service to provide its customers one of the finest trading platforms in the industry:
1. Advanced MT5 integration within the platform:
MT5 is short for Metatrader 5, a platform designed for online trading, technical analysis, creation and application of automated trading strategies. It allows traders to buy and sell financial instruments other than Forex such as: stock, commodities, or even centralized data access.
MT5 is a standalone and independent platform supervised by MetaQuotes Software. This is an electronic tool that simplify trades with speed and convenience. MT5 or MT4 are not regulated and completely uncontrollable by HonorFX or any other brokers.
2. HonorFX's fast and appropriate customer service:
HonorFX has an experienced support team ready to help 24/5. Customer service can be contacted via email, live chat, and phone. Customer care staff will be happy to answer all your general, technical and account-related questions quickly, politely and efficiently.
3. Other support
Honor Fx offers a number of attractive promotions and bonuses such as:
Get credit bonus
trading bonus
Free Forex VPS Service
Trade & Win Apple's utilities.
4. Wide varieties of trading assets:
Currently, HonorFX is providing a quite diverse list of investment products, including:
Forex: With over 330 currency pairs, with nefarious floating currency pairs like EUR/USD, GBP/USD, AUD/USD, etc.
Cryptocurrencies: Including the most popular cryptocurrencies such as Bitcoin, Ripple, Litecoin, Dash, Monero, etc.
Metals: Includes precious metals such as gold and platinum.
Energy: Includes crude oil, Brent oil and natural gas.
Commodities: Includes coffee, wheat, sugar and many other commodities with low spreads.
Stocks: Includes thousands of stocks from around the world such as the United States, United Kingdom, Belgium and France. Finally, there are indices, including UK 100, Germany 30, US 30 and Australia 200.
Bottom line
A growth of social networks means diversification of information sources, which hampers the screening of authentic and valuable content.
The financial markets in general and the forex markets in particular have triggered irresistible attraction over many investors by offering terrific and lucrative earnings. This may allow a lot of people to achieve financial freedom, though kick off a kind of "Go West" movement for criminals or fraudulent brokers who rip off the unwary investors. Be a smart trader by choosing credible, regulated and licensed brokers, and do not forget to check the legitimacy of any information source before you take it for granted!
About HonorFX
Here at HonorFX, we provide one of the safest online trading platforms to our clients and partners. We believe in developing a sustainable workforce through our years-long experience, in-depth knowledge of the financial market and the association of our trusted partners. We have set an example of responsible trading that has made us a reliable platform for services like currency trading, equity indices, energies, precious metals and CFDs.
We follow a simple and client-friendly operational philosophy that does not only satisfy our clients and partners but also helps us to earn their loyalty. We use latest technologies along our in-depth knowledge of trading to serve our clients with the accordance of their needs. We do not follow or practice customs that can harm our client's expectations from us.
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SOURCE HonorFX | https://www.wibw.com/prnewswire/2022/09/07/how-honorfx-thrives-amid-bearish-markets-2022/ | 2022-09-07T10:34:12Z |
QYOU Advises that Q2 2022 Revenue Will Be An All Time Quarterly Record
TORONTO, MUMBAI and LOS ANGELES, May 30, 2022 /PRNewswire/ - QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, is reporting final financial results for the quarter ended March 31, 2022. Highlights include as follows:
- Record Breaking Quarterly and YOY Revenue Growth: For the three months ended March 31, 2022 revenue was $5,234,680 representing a year over year increase of 2410% and the highest Q1 revenue mark in company history.
- Guidance: The Company is formally providing guidance for Q2 2022 advising that revenue is expected to be an all time quarterly record
- Seasonality: The Company's lines of business (primarily ad sales and influencer marketing) are subject to seasonality such that Q1 is typically the lowest revenue and Q4 the highest, all else being equal.
- Improved Adjusted EBITDA*: For the three months ended March 31, 2022 compared to same period prior year, adjusted EBITDA loss was $662,270 representing a decrease of $981,074 or 60% driven by the revenue growth offset by higher operating expenses related to the growth of the business across all operating business units.
- Net Loss: Net loss for the quarter is $2,308,200, a decrease of 10% or $244,689 driven by revenue growth across all business units. In addition to the EBITDA loss, the Net loss includes income tax provisions of $166,802 and non-cash losses from share based compensation, marketing credits and amortization of $1,479,128.
- Cash Balance: The Company concluded the three months ended March 31, 2022 with cash of $5,082,637 (December 31, 2021 $6,548,890).
QYOU Media CEO and Co-Founder, Curt Marvis commented, "What a difference a year makes would be an apt description for the astounding difference in our year over year growth from 2021 to 2022. Revenue growth in the current quarter is expected to again be strongly positive on a quarter over quarter basis and even more significant again on a year over year basis. Q2 2022 is currently expected to break all previous quarterly revenue records for the company and we expect this trend to continue throughout 2022. I am super proud of what the entire team has achieved and as I always say…the best is yet to come."
Note on Adjusted EBITDA:
To supplement our consolidated financial statements, which are prepared and presented in accordance with International Financial Reporting Standards ("IFRS"), we present Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA") which is a non-IFRS financial measure. The presentation of non-IFRS financial measurement are not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss or net income (loss) or any other performance measures derived in accordance with IFRS or as an alternative to net cash provided by operating activities or any other measures of cash flows or liquidity.
We define earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") as revenue minus operating expenses excluding non-cash operating expenses of stock-based compensation, marketing credits, depreciation and amortization (interest and taxes are not included in the Company's operating expenses). Adjusted EBITDA is used as an internal measure to evaluate the performance of our operating segments. We believe that information about this non-IFRS financial measure assists investors by allowing them to evaluate changes in operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and other factors that affect reported results. A limitation of the use of
Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Furthermore, this measure may vary among companies; thus Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of applicable securities laws. Words such as "expects'', "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein may include, but are not limited to, information concerning the completion of future investments, the approval of the Exchange of the investments, the approval of the Reserve Bank of India of future investments, the expected use of proceeds from the investment, and statements relating to the business and future activities of QYOU. These forward-looking statements are based on QYOU's current projections and expectations about future events and other factors management believes are appropriate. Although QYOU believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that the offering and the closing thereof will be consistent with these forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of numerous factors, including certain risk factors, many of which are beyond QYOU's control. Additional risks and uncertainties regarding QYOU are described in its publicly-available disclosure documents, filed by QYOU on SEDAR (www.sedar.com) except as updated herein. The forward-looking statements contained in this news release represent QYOU's expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. QYOU undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
Join our shareholder chat group on Telegram: http://t.me/QYOUMedia
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE QYOU Media Inc. | https://www.mysuncoast.com/prnewswire/2022/05/30/qyou-media-reports-year-over-year-revenue-increase-208k-q1-2021-52-million-q1-2022-representing-highest-q1-revenue-mark-company-history/ | 2022-05-30T20:43:49Z |
NEW YORK, June 22, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of First High-School Education Group Co., Ltd..
Shareholders who purchased shares of FHS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/first-high-school-education-group-co-ltd-loss-submission-form/?id=28871&from=4
CLASS PERIOD: This lawsuit is on behalf of all persons or entities who purchased FHS American Depositary Shares in or traceable to the Company's March 2021 initial public offering.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (a) the new rules, regulations and policies to be implemented by the Chinese government following the Two Sessions parliamentary meetings were far more severe than represented to investors and posed a material adverse threat to the Company and its business; (b) contemplated Chinese regulations and rules regarding private education were leading to a slowdown of government approval to open new educational facilities which would have a negative effect on FHS's enrollment and growth; and (c) as a result, representations made in connection with the Company's initial public offering regarding FHS's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company at the time of the initial public offering, and were materially false and misleading and lacked a factual basis.
DEADLINE: July 11, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/first-high-school-education-group-co-ltd-loss-submission-form/?id=28871&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of FHS during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 11, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/06/22/shareholder-alert-gross-law-firm-notifies-shareholders-first-high-school-education-group-co-ltd-class-action-lawsuit-lead-plaintiff-deadline-july-11-2022-nyse-fhs/ | 2022-06-22T11:15:35Z |
Local Female Multi-Unit Franchise Operators and Entrepreneurs to Develop Largest Indoor Entertainment Brand in High-Growth Market
CHANDLER, Ariz., July 11, 2022 /PRNewswire/ -- Sky Zone, creator of the world's first indoor trampoline park and leader in the indoor active entertainment industry, has added entrepreneur Cheryl Farago and multi-unit Kiddie Academy Educational Child Care franchisee Katie Moore to its growing roster of prominent franchisees. Set to open in the first quarter of 2023, the new park will bring Sky Zone's joy-inducing experience and signature attractions to Chandler as part of the brand's expansion across the United States.
"As both a multi-unit franchisee of Kiddie Academy and a mom, I had a clear understanding of what I wanted in my next investment," said Katie Moore. "We saw a huge opportunity in active entertainment and wanted a clear and rapid path to profitability. Sky Zone's status as the active entertainment industry leader made it the obvious choice, especially when we saw their quick pay-back period and amazing unit economics."
"When we decided to go into business together, we wanted to invest in a franchise that provides families with an awesome experience," said Cheryl Farago. "Over the years, we have taken our kids to Sky Zone on numerous occasions and realized a franchise like this could be a great fit for us as a team as well as this community. We can't wait to open our doors and for families in Chandler to create memorable moments at our new park!"
Sky Zone invented the trampoline park industry over a decade ago and has been at the forefront of innovating the active entertainment space ever since. With over 60 attractions, there is something for everyone, including the Toddler Zone perfect for children under the age of six, Air Courts that gives tricks and sports a boost for kids and teens, and thrilling Slick Slides exclusive to Sky Zone that offer an exhilarating free-fall along with a social media-worthy landing. In addition to monthly memberships, Sky Zone offers birthday parties, fundraising events, school field trips, corporate outings, and countless memorable experiences.
"Having found success as business owners and operators of children-focused franchises, we are thrilled Katie and Cheryl will be opening a Sky Zone as their next venture," said Mike Revak, SVP of Franchise and Park Operations at CircusTrix, the parent company of Sky Zone. "In the current market, people are looking for new recreational activities to do with friends and family and Katie and Cheryl have realized the potential of our industry. We are excited they have decided to open a Sky Zone and we look forward to this upcoming location in Arizona."
With aggressive expansion plans, Sky Zone is actively searching for engaged community and business leaders to add to its ever-growing roster of new franchisees. To learn more about Sky Zone and to become a franchisee, please visit: https://circustrix.com.
About Sky Zone:
Sky Zone was founded in 2004 as the world's first trampoline park and has grown to become the leader in in indoor active entertainment. The award-winning franchise believes in the power of active play to make us healthier, happier, and more creative. Offering unforgettable parties, an exclusive membership program, and gravity-defying, wall-to-wall aerial attractions, Sky Zone encourages everyone to live joyously in the moment. For more information, visit www.skyzone.com.
About CircusTrix:
CircusTrix is the largest developer, operator, and franchisor of indoor active entertainment parks in the world. Known for Sky Zone, the preeminent brand in the industry, along with the DEFY and Rockin' Jump brands, CircusTrix serves over 40 million visitors and members annually. CircusTrix's rapid growth and innovation has created facilities and exclusive attractions that provide active physical fun, facilitate shareable social media posts, and bring thrill and delight to its worldwide fan base. For more information on the company and franchising opportunities, please visit www.circustrix.com.
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SOURCE Sky Zone | https://www.wibw.com/prnewswire/2022/07/11/sky-zone-bring-active-play-chandler-az/ | 2022-07-11T14:43:22Z |
DALLAS (KDAF) — Happy, happy birthday to one of the greatest and largest convenience stores in all the land, 7-Eleven! Not only is Monday, July 11 National 7-Eleven Day, but it’s also National Free Slurpee Day too!
So, what’s the catch? NationalToday says there isn’t much of one, “Every 7-Eleven store in the country (about 7,800 nationwide) participates in National Free Slurpee Day. However, be prepared to wait in line.” However, here’s a catch for something a little extra, “Yes. Loyalty Program members who scan their app, card, or enter their phone number on National Free Slurpee Day will receive a free Slurpee —of any size— to redeem July 12 through August 12.”
On its 95th birthday, 7-Eleven will be celebrating with a free Slurpee drink at all of its locations but this deal can also be found at Speedway and Stripes stores! “On July 1, a coupon for one FREE small Slurpee drink will be loaded into the accounts of 7Rewards® and Speedy Rewards® loyalty app members. The free small Slurpee drink offer is redeemable in-store from July 1 through July 11 (aka 7‑Eleven’s actual birthday). Talk about the ultimate birthday party favor.”
Top slushies in Dallas
It may not be a Slurpee and it may not be free, but if you’re not into lines and what yourself a nice frozen drink, we’ve got you covered. We checked out Yelp’s list of the best slushies in Dallas:
- Sno – North Dallas
- Bahama Buck’s
- Sugar Mountain
- Fat Straws Bubble Tea & Mochi Donuts – North Dallas
- Happy Lemon
- Boba Latte
- Eskimo Hut
- Zero Degrees
- Foxtrot
- 4 Kahunas Tiki Lounge | https://cw33.com/lifestyle/food-and-drink/how-to-get-a-free-slurpee-in-north-texas-on-7-elevens-birthday-national-free-slurpee-day/ | 2022-07-11T15:54:53Z |
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