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The premium ice cream brand has partnered with celebrity nail artist, Mei Kawajiri to celebrate imagination and authentic self-expression through nail art and ice cream
ENGLEWOOD CLIFFS, N.J., May 17, 2022 /PRNewswire/ -- Self-expression comes to life in many forms - from the way we indulge in our favorite treats to the way we dress, style our hair and paint our nails. Magnum® ice cream, the chocolatiers of ice cream, is collaborating with female-founded, independent beauty brand, Nails.INC to launch a line of six chocolate-scented nail polishes inspired by the new Magnum ice cream Duet Bars.
Magnum ice cream Duet Bars are the first ice cream bar to be dipped in two different types of chocolate and are available in three indulgent flavors: Almond, Chocolate and Cookie. Inspired by the Duet Bars' chocolate layering, Magnum ice cream x Nails.INC unveils three sets of polish duos in a variety of creamy shades that encourage fans to explore their own layers and indulge in who they are through nail art.
Meet the polishes:
- Almond Duet: Recreate the sweet and crunchy coating of the Almond Duet Bar with Glazed Almond, a buttery shade of light brown and Double Chocolate, a rich dark brown.
- Chocolate Duet: Bring the Chocolate Duet Bar to life with Raspberry Swirl, a vibrant hot pink paired with White Chocolate, a silky light pink.
- Cookie Duet: Inspired by the Cookie Duet Bar, this pairing comes with Crunchy Cookie, a quintessential beige and Classic Chocolate, the perfect chocolate-y brown.
To celebrate the launch, Magnum ice cream has partnered with celebrity nail artist, Mei Kawajiri to create three, trendy nail art designs using the Duet polishes and bring to life Magnum ice cream's new Duet Bars in a unique way.
"As a nail artist, I'm always looking for over-the-top ways to express myself," says Mei Kawajiri. "I love to incorporate sensory experience into my designs, so I was thrilled when Magnum ice cream teamed up with Nails.INC to create richly pigmented and chocolate-scented, polishes – allowing me to showcase my favorite ice cream treats through three creative, unexpected designs."
Fans can recreate Mei's looks at home by heading to Amazon and nailsinc.com to purchase the Magnum ice cream x Nails.INC nail polishes for $7.99 each and their local freezer aisles to purchase Magnum ice cream Duet Bars for the Retailer Suggested Price of $4.49-$4.99.
"As the chocolatiers of ice cream, we're always looking to push the boundaries and release innovative products our ice cream fans crave," said Russel Lilly, general manager of Unilever Ice Cream for total North America. "Now, we're excited to give chocolate lovers another way to express themselves, inspired by our iconic Belgian chocolate and designed with everyone in mind."
For more information about Magnum ice cream, visit magnumicecream.com/us and follow on social @MagnumIceCreamUS on Facebook and @MagnumIceCream on Twitter and Instagram. For product locator, please visit www.magnumicecream.com/us/en/where-to-buy.html.
For more information about Nails.INC, visit nailsinc.com/en and follow on social @nailsinclondon on Facebook and @nailsinc on Instagram and Twitter.
Launched in 1989, Magnum® ice cream was the first handheld ice cream bar targeted as a premium adult offering. Today, Magnum® ice cream is one of the world's leading ice cream brands, selling more than one billion units annually worldwide.
Magnum® ice cream bars is the ultimate chocolate ice cream indulgence, using only the finest premium ingredients like velvety vanilla bean ice cream and are the only ice cream bars made with Belgian chocolate. All Magnum ice creams ― including Magnum Double Ice Cream Bars, Magnum MINI Ice Cream Bars, Magnum Classic Ice Cream Bars, and Magnum Tubs ― source cocoa beans from Rainforest Alliance Certified™ farms. For more information, please visit magnumicecream.com/us, facebook.com/MagnumIceCreamUS, twitter.com/MagnumIceCream, and visit our U.S. Instagram channel at instagram.com/MagnumIceCream.
Unilever is one of the world's leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 148,000 employees and generated sales of €52.4 billion in 2021. Over half of our footprint is in developing and emerging markets. We have around 400 brands found in homes all over the world – including iconic brands like Dove, Knorr, Hellmann's, Magnum, Axe, Ben & Jerry's, Degree, Seventh Generation, St. Ives, Suave, TRESemmé, and Vaseline.
Our vision is to be the global leader in sustainable business and to demonstrate how our purpose-led, future-fit business model drives superior performance. We have a long tradition of being a progressive, responsible business. It goes back to the days of our founder William Lever, who launched the world's first purposeful brand, Sunlight Soap, more than 100 years ago, and it's at the heart of how we run our company today.
The Unilever Compass, our sustainable business strategy, is set out to help us deliver superior performance and drive sustainable and responsible growth, while:
- improving the health of the planet;
- improving people's health, confidence and wellbeing; and
- contributing to a fairer and more socially inclusive world.
While there is still more to do, in the past year we're proud to have achieved sector leadership in S&P's Dow Jones Sustainability Index, 'Triple A' status in CDP's Climate, Water and Forest benchmarks, and to be named as the top ranked company in the GlobeScan/SustainAbility Sustainability Leaders survey for the eleventh consecutive year.
For more information on Unilever U.S. and its brands visit: www.unileverusa.com
For more information on Unilever Canada and its brands visit: www.unilever.ca
Nails.INC is the UK's leading nail brand, founded in 1999 by Thea Green MBE. The brand is renowned for first-to-market product innovation, prestige colour quality and immaculate glossy manicures. Nails.INC's formulations are vegan, cruelty free and up to '21 free' i.e. free from all the nasties. What started with a cult NailKale base coat has grown to bestselling award-winning products such as Plant Power: the cleanest, vegan and 21 free, 73% plant-based polish and flash-drying 45 Second Speedy Gloss.
Freehand is a collection of hotels that combine the social culture of a hostel with innovative design, award-winning food and beverage, and a community-driven atmosphere. Each Freehand takes its cues from the surrounding neighborhood, with spaces that are a microcosm of the best each city has to offer.
For more information or images, please contact:
Media Contact
Claire Grummon | Edelman
Claire.Grummon@edelman.com
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SOURCE Magnum ice cream | https://www.mysuncoast.com/prnewswire/2022/05/17/magnum-ice-cream-nailsinc-launch-an-indulgent-chocolate-scented-nail-polish-line-inspired-by-magnum-ice-creams-new-duet-bars/ | 2022-05-17T14:41:03Z |
FORT LAUDERDALE, Fla., Aug. 26, 2022 /PRNewswire/ -- Haig Partners LLC released its closely followed Q2 2022 Haig Report, which tracks trends in auto retail and their impact on dealership values.General economic indicators have weakened in 2022, but auto dealers continue to experience record-high profits due to pent-up demand and low inventories.
Buy-sell activity flourished in the first half of 2022, with 3% more dealerships sold compared to the record-setting pace of the first half of 2021. Private buying activity is up 28%, while acquisitions by the publicly traded retailers has fallen 62%. The public companies acquired 23 stores in Q2 2022 YTD. Haig Partners served as the exclusive sell-side advisor to the Lehman Family in a transaction with Lithia Motors, which represented 11 of those dealerships.
The outlook for the rest of 2022 is promising for auto retailers. Dealers believe this period of inventory shortages and elevated earnings is likely to continue for the foreseeable future.
Highlights from the Q2 2022 Haig Report include:
- Blue sky values remain at record levels, 6% higher than at the end of 2021 and at the same level as at the end of Q1 2022
- Pent-up consumer demand continues to grow, providing a bright outlook for future dealership profits
- Auto dealers are still enjoying impressive earnings, but growth in profits might be leveling off
- The number of dealerships sold is 3% higher than the record-setting pace of 2021
- Public company spending on US auto acquisitions remains strong compared to pre-Pandemic times but is down 73% from the same period in 2021
- Fixed operations are up due to higher customer pay, recalls, and higher labor rates
"Thanks to high current and expected future profits many dealers and investors are looking to acquire dealerships, and therefore, it is still a great time for dealers who might be looking to exit," shared Alan Haig, President of Haig Partners. "That said, we are seeing some indicators that skyrocketing earnings at dealerships may have hit a plateau. The recent financial statements for the publicly traded retailers show their profits per dealership remained flat from Q1. What will happen in future quarters is up for debate. It is possible that costs will continue to increase, and margins will fall, followed by lower profits. But it's also possible that if supply of new vehicles increases, dealers may make more money since there is still so much pent-up demand that dealers will be able to maintain current margins on higher volume. Either way, our math indicates we will remain in a period of elevated earnings for the next three years or so," he continued.
Q2 2022 Buy-Sell Trend Highlights
- Blue sky values remain at all-time highs - Haig Partners served as the exclusive advisor on the sale of a majority stake in John Elway's Crown Toyota to Swickard Auto Group. The total value paid is believed to be the second highest all time for any dealership franchise in the U.S. The highest known price paid for a dealership happened earlier in 2022 when Group 1 reported that it paid $206.5M in blue sky (as reported in their 10Q filing) for Charles Maund Toyota in Austin, TX.
We carefully monitor the buy-sell market to assess the desirability of various auto franchises. We analyze offers for the transactions in which we are engaged and regularly speak with leading buyers and many attorneys, bankers, and CPAs who are involved in other acquisitions. While every transaction varies, we estimate that:
- Toyota is one of the most desired brands in the industry - The John Elway's Crown Toyota and Charles Maund Toyota transactions demonstrate that Toyota is perhaps the most desired brand in the industry today. Toyota is fully committed to supporting its retailers and is not dabbling in the agency model or other ideas that could harm both the retailer and the OEM. Toyota's long-term commitment to the health of the dealer is a key reason that Toyota sells more vehicles than any other brand. It's truly a win-win-win for the customer, the dealer, and the OEM.
- Investors and dealers are creating partnerships – There are a number of investment companies and family offices that are seeking to acquire minority or majority equity positions in dealer groups. Some dealers find taking on an investor is preferable to selling out entirely. They retain a portion of the ongoing profits and remain involved in the business until they decide to fully exit. And the investor may help fund additional acquisitions if the dealer is interested in growth capital. Our recent transaction for John Elway's Crown Toyota is such an example. The parties who sold a majority stake in the dealership wanted to remain involved with Toyota and enjoy ongoing cash flows. Swickard Auto Group, the buyer of the majority stake, will enjoy continuity of management and market knowledge to help them maintain the dealership as one of the best performing dealerships in the US.
- Pent-up consumer demand is still growing, so the outlook for future profits looks bright - The drop in sales today is solely caused by a lack of supply as the level of demand is high. Many in our industry wonder how much longer current conditions will continue. It appears to us as though demand will exceed supply for several more years.
- Inflation remains elevated - The 12-month inflation rate was 8.5% in July 2022. Inflation was 9.1% in June, the highest rate since 1981. Inflation is even higher in the auto industry as the prices of new and used vehicles jumped double digits since last year. If inflation outpaces wage gains, consumers will have a harder time affording vehicles, and dealership profits may suffer.
- GDP declined for a second straight quarter - GDP decreased at an annual rate of 0.9% in Q2 2022, the second consecutive quarter with a GDP decrease after six straight quarters of GDP growth. Dealers should be able to weather a decline in economic activity of this level.
- Unemployment returns to pre-pandemic levels – The unemployment rate dropped to 3.5% in July 2022, the same rate as February 2020. The economy generated 528,000 new jobs, according to the Labor Department. And wages are rising (+5% or more each month this year) as employers fight to remain competitive in this environment.
- The "Chipdemic" continues to plague inventories - Since April 2021, OEMs have struggled with a shortage of microchips. As production continues to get cut and the production outlook remains grim, the SAAR hit 13.4M in July 2022, 9% below the July 2021 level. Many analysts have recently lowered their sales forecasts for 2022 and 2023 due to a protracted production recovery. With continued production issues, demand seems likely to exceed supply for the foreseeable future. Assuming that the OEMs would be ready to produce at this estimated maximum capacity by the beginning of 2023, which seems very unlikely given the ongoing supply chain issues, it would take an estimated three years to catch up with the lost production from 2020-2022 (5.1M lost units / 1.7 M units excess capacity per year = 3 years). By this calculation, we will remain in a period where demand exceeds supply well into 2025. Margins and profits are likely to remain elevated. And even as supply comes back at higher levels and margins begin to drop, the total amount of gross profit from variable ops may remain close to current levels.
- Fixed operations are up due to higher customer pay, recalls, and higher labor rates - Fixed operations are hitting on all cylinders for dealers right now. These three factors of higher customer pay, recalls, and higher labor rates have fixed operations booming for dealers, and gross profits are up an impressive 17.3% in Q2 2022 YTD compared to Q2 2021 YTD. The growth in fixed operations is another example of the strength and flexibility of the auto retail model: when the supply of new vehicles falls, consumers spend more to maintain their current vehicles.
Auto dealerships have proven to be excellent investments in good times and bad, as evidenced by the stock prices of the public companies that have outperformed the S&P 500 Index for many years. CEOs of the public auto retailers have recently stated their intention to continue with acquisitions through the remainder of 2022. Asbury CEO David Hult shared on a recent investor call that they are "looking for strategically aligned opportunities for disciplined growth." Asbury, Lithia, and Sonic have all posted big revenue goals for 2025, and they will need to consistently add stores to hit their targets.
So far, in 2022, Haig Partners has been involved in the purchase or sale of 31 dealerships nationwide. If you are interested in learning what your business is worth, are seeking acquisitions, or would like to learn more about selling a majority or minority stake in your business, please contact Alan Haig at alan@haigpartners.com or (954) 646-8921 or any member of the team at Haig Partners to have a confidential conversation.
The Haig Report, the leading industry quarterly report that tracks trends in auto retail and their impact on dealership values, includes data and analysis on the performance of auto dealerships, discusses noteworthy events impacting the automotive retail industry, identifies trends in the M&A market for dealerships, provides guidance on estimated value ranges for different franchises, and shares an outlook for the automotive retail buy-sell market. The Haig Report is based on data gathered from reputable public sources and interviews with leading dealer groups and dealers, bankers, lawyers, and accountants who specialize in auto retail.
Haig Partners LLC helps dealers maximize the value of their businesses when they are ready to sell. They have unmatched experience with executives from leading retail dealer groups and financial institutions. They have advised on the purchase or sale of more than 575 dealerships for over $9 billion, including 24 on the Top 150 Dealership Groups list published by Automotive News. The team at Haig Partners leverages expertise and relationships to lead clients through a confidential and customizable sales process, yielding the best price successfully. They author the Haig Report, the leading industry quarterly report that tracks trends in auto retail and their impact on dealership values, and are co-author of NADA's Guide, "Buying and Selling a Dealership." For more information, visit www.haigpartners.com.
Media Contact:
Aimee Allen
Director of Marketing and Business Development
Haig Partners
aimee@haigpartners.com
(603) 933-2194
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SOURCE Haig Partners | https://www.wibw.com/prnewswire/2022/08/26/high-demand-dealerships-continues-profits-remain-elevated-spite-general-economic-indicators/ | 2022-08-26T15:25:46Z |
CBM Responds to Critical Lack of Cell Therapy Manufacturing Supply by Adding Capacity for More than 10,000 Patients
KING OF PRUSSIA, Pa., June 14, 2022 /PRNewswire/ -- The Center for Breakthrough Medicines (CBM) in partnership with the Discovery Labs announced today the acceleration of plans to build capacity to manufacture more than 10,000 patient therapies in direct response to the critical shortage of cell therapy supply, which will help patients win their courageous battles against cancer.
"We are acutely aware of the importance of getting these lifesaving therapies to patients immediately," said Joerg Ahlgrimm, Chief Executive Officer of Center for Breakthrough Medicines. "We share their race against time and apply extreme urgency to everything we do. There is a critical shortage of cell therapy manufacturing in the world forcing doctors to make heartbreaking decisions resulting in patient deaths that could be avoided. We focus every day on our patients and their families, so the intense urgency of our mission is never compromised."
Planning has begun on a massive expansion of CBM's cell therapy manufacturing suites and supporting infrastructure which when completed will have the ability to produce treatments for more than 10,000 patients per year, the largest in the world. While a final cost has yet to be determined, the expansion is expected to cost hundreds of millions of dollars over the coming years.
CBM is currently providing process development, analytical development and testing capabilities with extensive viral vector, cell therapy and plasmid DNA manufacturing coming online monthly.
"Everyone at CBM works to save lives. This decision not only provides critically needed manufacturing capacity but also emphasizes CBM's unwavering commitment to deliver advanced therapies for patients in need," said John Lee, Vice President and Head of Cell Therapy at CBM. "CBM's steadfast commitment to the patient is underscored by this decision."
CBM's facility will manufacture cell therapies across indications including oncology immunotherapies and regenerative medicine applications. The state-of-the-art facilities will be forward engineered with modular designs to adapt an array of cell types, manufacturing processes, and capacity demands to maximize efficiency while minimizing costs. To further enable next-generation cell therapies, the CBM team will implement rapid autologous manufacturing, high-fidelity gene-editing capabilities, and fully automated processes prior to the facility coming online.
CBM is working with multiple academic institutions and innovator companies to advance these critical modalities, lower cost, shorten timelines and scale manufacturing of approved therapies so that all patients can receive treatment.
About The Center for Breakthrough Medicines
CBM is a cell and gene therapy contract development and manufacturing organization (CDMO) based in the heart of Philadelphia's Cellicon Valley. CBM offers pre-clinical through commercial manufacturing capabilities including process development, plasmid DNA, viral vector manufacturing, cell banking, cell processing, and a full suite of complimentary testing and analytical capabilities. Through a single-source, end-to-end solution, CBM accelerates time to market without compromising quality.
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SOURCE Center for Breakthrough Medicines | https://www.mysuncoast.com/prnewswire/2022/06/14/center-breakthrough-medicines-accelerates-plans-build-largest-cell-therapy-manufacturing-operation-world/ | 2022-06-14T18:05:21Z |
Deal further cements Cottonwood's rapid growth in the multifamily sector
FORT WORTH, Texas, Aug. 23, 2022 /PRNewswire/ -- Cottonwood Group ("Cottonwood"), a private equity real estate investment firm, is pleased to announce that it has acquired a 480-unit multifamily portfolio (the "Portfolio") in Fort Worth, Texas with Dallas-based Texsun Holdings ("Texsun"). The Portfolio consists of the Woodstone Apartments, located at 6051 Bridge Street, and Bridge Hollow Apartments, located at 5801 Bridge Street.
Cottonwood acquired the Portfolio through the Cottonwood Real Estate Founders Fund, a multi-strategy open-ended fund. The Portfolio is the second multifamily acquisition between Cottonwood and Texsun this year. The partnership acquired two multifamily assets, the San Mateo Apartments and Heights on Perrin Apartments in San Antonio, last month.
"We are thrilled to complete another transaction with Texsun and to add such a high-quality asset to our Texas portfolio," said Mark Green, Chief Investment Officer at Cottonwood. "While other traditional investors may be pulling back due to economic and market uncertainty, we remain bullish on the multifamily sector."
The business plan includes a renovation and repositioning of the approximate 342,000-square-foot Portfolio, for which Cottonwood and Texsun have budgeted approximately $5 million.
"Our team is excited to build upon our relationship with Cottonwood to complete another successful acquisition in Texas," said Sean Fogelman, Managing Partner and Co-Founder of Texsun Holdings. "We are eager to continue expanding our presence in Texas, and the Fort Worth Portfolio acquisition plays a key role in helping us achieve that goal."
Headquartered in Los Angeles, Cottonwood is a private equity real estate investment firm focused on equity and debt opportunities across all property sectors and geographies. The firm's ability to act as a lender, investor, operator and sponsor of real estate investments of all sizes and complexities is fundamental to delivering a risk-adjusted absolute return for investors. Investing out of its discretionary Cottonwood Real Estate Founders Fund and separate institutional accounts, Cottonwood targets U.S. real estate opportunities with a capitalization of up to $1 billion. For more information, visit www.cottonwoodmgmt.com.
Headquartered in Dallas, Texsun Holdings is a privately-owned real estate private equity firm offering commercial real estate solutions for both retail and institutional investors. Texsun applies a fundamental-oriented approach toward acquiring and managing core-plus and value-add multifamily assets throughout Texas. For more information, visit www.texsunholdings.com.
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SOURCE Cottonwood Group | https://www.kxii.com/prnewswire/2022/08/23/cottonwood-group-partners-with-texsun-holdings-second-multifamily-portfolio-acquisition-texas/ | 2022-08-23T18:15:28Z |
Ex-aide who alleged sexual harassment sues Andrew Cuomo
NEW YORK (AP) — A onetime aide to former New York Gov. Andrew Cuomo has sued him, saying he tried to groom her for a sexual relationship at the start of the pandemic and then later smeared her reputation publicly.
The lawsuit filed in Manhattan federal court Wednesday by Charlotte Bennett also named three former aides of Cuomo as defendants.
The lawsuit sought unspecified damages.
It said Bennett was a health policy adviser in the Democratic governor’s administration when a barrage of inappropriate sexual comments by the governor left her experiencing near-debilitating anxiety, symptoms of depression and a neurological disorder.
A lawyer for Cuomo said in a statement that they’ll respond to the lawsuit in court.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/14/ex-aide-who-alleged-sexual-harassment-sues-andrew-cuomo/ | 2022-09-14T19:04:43Z |
DALLAS (KDAF) — When we say “till death do us part” some of us really expected to be with their person forever, but sometimes it just doesn’t work out that way.
Dealing with a divorce can be a lot, and it’s important to be in an environment that nourishes the new you and tailors you to live on your own.
Movoto.com has released a study looking at the best places in Dallas to live if you’ve gone through a recent divorce. The study looked at a list of factors to make this determination, including:
- Overall livability
- Amenities
- Cost of living
- Crime
- Housing
- Percentage of singles
- Average rent
- Average housing prices of several types
- Average commute times
So, without further ado, here is their list of the best places to live in Dallas if you were recently divorced
- University Park
- Highland Park
- Arts District
- Creek Bend
- City Center District
- Coppell
- Main Street District
For the full report, click here. | https://cw33.com/news/local/report-says-these-are-the-best-places-to-live-in-dallas-if-youre-recently-divorced/ | 2022-09-09T16:08:02Z |
2022 and 2023 ongoing earnings guidance to be affirmed during meetings
ALBUQUERQUE, N.M., Aug. 30, 2022 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors this week in Minneapolis and Chicago.
During the meetings, management is expected to affirm the company's 2022 and 2023 consolidated earnings guidance of $2.50 to $2.60 per diluted share and $2.60 to $2.75 per diluted share, respectively. Presentation materials are available on the company's website at http://www.pnmresources.com/investors/events.cfm.
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2021 consolidated operating revenues of $1.8 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 3.1 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company's website at www.PNMResources.com.
Statements made in this news release for PNM Resources, Inc. ("PNMR"), Public Service Company of New Mexico ("PNM"), or Texas-New Mexico Power Company ("TNMP") (collectively, the "Company") that relate to future events or expectations, projections, estimates, intentions, goals, targets, and strategies, are made pursuant to the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates and apply only as of the date of this report. PNMR, PNM, and TNMP assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, PNMR, PNM, and TNMP caution readers not to place undue reliance on these statements. PNMR's, PNM's, and TNMP's business, financial condition, cash flow, and operating results are influenced by many factors, which are often beyond their control, that can cause actual results to differ from those expressed or implied by the forward-looking statements. Additionally, there are risks and uncertainties in connection with the proposed acquisition of us by AVANGRID which may adversely affect our business, future opportunities, employees and common stock, including without limitation, (i) the expected timing and likelihood of completion of the pending Merger, including the timing, receipt and terms and conditions of any remaining required governmental and regulatory approvals of the pending Merger that could reduce anticipated benefits or cause the parties to abandon the transaction, (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement, (iii) the risk that the parties may not be able to satisfy the conditions to the proposed Merger in a timely manner or at all, and (iv) the risk that the proposed transaction could have an adverse effect on the ability of PNMR to retain and hire key personnel and maintain relationships with its customers and suppliers, and on its operating results and businesses generally. For a discussion of risk factors and other important factors affecting forward-looking statements, please see the Company's Form 10-K, Form 10-Q filings and the information included in the Company's Forms 8-K with the Securities and Exchange Commission, which factors are specifically incorporated by reference herein.
GAAP refers to generally accepted accounting principles in the U.S. Ongoing earnings is a non-GAAP financial measure that excludes the impact of net unrealized mark-to-market gains and losses on economic hedges, the net change in unrealized gains and losses on investment securities, pension expense related to previously disposed of gas distribution business, and certain non-recurring, infrequent, and other items that are not indicative of fundamental changes in the earnings capacity of the Company's operations. The Company uses ongoing earnings and ongoing earnings per diluted share to evaluate the operations of the Company and to establish goals, including those used for certain aspects of incentive compensation, for management and employees. While the Company believes these financial measures are appropriate and useful for investors, they are not measures presented in accordance with GAAP. The Company does not intend for these measures, or any piece of these measures, to represent any financial measure as defined by GAAP. Furthermore, the Company's calculations of these measures as presented may or may not be comparable to similarly titled measures used by other companies. The Company uses ongoing earnings guidance to provide investors with management's expectations of ongoing financial performance over the period presented. While the Company believes ongoing earnings guidance is an appropriate measure, it is not a measure presented in accordance with GAAP. The Company does not intend for ongoing earnings guidance to represent an expectation of net earnings as defined by GAAP. Since the future differences between GAAP and ongoing earnings are frequently outside the control of the Company, management is generally not able to estimate the impact of the reconciling items between forecasted GAAP net earnings and ongoing earnings guidance, nor their probable impact on GAAP net earnings without unreasonable effort, therefore, management is generally not able to provide a corresponding GAAP equivalent for ongoing earnings guidance.
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SOURCE PNM Resources, Inc. | https://www.wibw.com/prnewswire/2022/08/30/pnm-resources-management-meet-with-investors/ | 2022-08-30T11:21:24Z |
LONDON, June 9, 2022 /PRNewswire/ -- Launched in early 2022, FLERBAR is a trending disposable vape brand from Europe, focused on bringing a more enjoyable experience and creating advanced technology yet using a clean and clear elegant look and feel. Meanwhile, FLERBAR has launched new products with the same name as the brand.
The R&D team of FLERBAR created the sleek appearance and all unique flavors based on all the feedback on what the UK & EU marketplace was looking for in disposable vaping device.
FLERBAR disposable vape is an elegant crystal clear device that has a smooth yet grippy feel. The base of the FLERBAR glows with a funky ice blue LED during the auto draw.
The FLERBAR, with the uniquely designed open airflow, FLERBAR provides the most powerful flavor hit to every puff.
Longer lasting due to the high grade 500 mAh battery this is the key to enjoying mouthwatering flavours until the last drop.
Clean artwork and bright color are attractive to consumer groups who need a stylish and trendy disposable vape.
As more vapers are finding an easy and pleasing vape experience, FLERBAR desire to offer a great tasting, convenient, easy-to-use, pocket-friendly, and exquisite disposable vape. After witnessing the popularity of disposable vapes, FLERBAR latched onto their effectiveness as a healthier alternative to smoking. The R&D team of FLERBAR decides to use vegetable glycerin, medical propylene glycol herbal extract, and natural perfume as the main ingredients for each disposable vape.
From the full range of twenty flavors, Tobacco, Fruit, Mint, and beverages are all featured. FLERBAR has certainly hit the ground vaping! The flavors tested were bright and bold. This, alongside cautious vapor production, means FLERBAR will be instantly accessible to the new vapers. Simple, single flavors have never tasted so good. FLERBAR's flavor and vaping experience are highly appraised by reviewers and users in Europe.
FLERBAR also works with one of the EU's Largest Compliance Agency - ARCUS to ensure everything we do is beyond bulletproof when we talk about EUTPD. All FLERBAR teams are aiming to provide users with a worry-free experience.
info@flerbar.com
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SOURCE FLERBAR | https://www.mysuncoast.com/prnewswire/2022/06/09/rising-disposable-brand-europe-flerbar/ | 2022-06-09T17:14:08Z |
SOUTH SAN FRANCISCO, California and VANCOUVER, Canada, Aug. 4, 2022 /PRNewswire/ - ESSA Pharma Inc. ("ESSA", or the "Company") (NASDAQ: EPIX), a clinical-stage pharmaceutical company focused on developing novel therapies for the treatment of prostate cancer, today provided a corporate update and reported financial results for the fiscal third quarter ended June 30, 2022. All references to "$" in this release refer to United States dollars, unless otherwise indicated.
"It is a busy and important time for ESSA as we advance our lead candidate for the treatment of prostate cancer, EPI-7386, into the dose expansion phase of the single agent trial, dose the second cohort of patients in the Company-sponsored combination trial with enzalutamide, and plan to initiate additional trials of EPI-7386 in earlier-line patients," stated David Parkinson, M.D., President and CEO of ESSA. "During this past quarter, we were pleased to report clinical results from the Phase 1a dose escalation study demonstrating that EPI-7386 was safe and well-tolerated at all dose levels tested and that tumor volume decreases were observed in a subgroup of patients with measurable disease who were on therapy for more than 12 weeks. We also shared preliminary results from the first cohort of patients in our Phase 1/2 combination trial with enzalutamide."
Clinical Highlights
EPI-7386 Monotherapy
- In June 2022, ESSA reported clinical results from the Phase 1a dose escalation study of EPI-7386 in patients with metastatic castration-resistant prostate cancer ("mCRPC") resistant to current standard-of-care therapies. The initial data demonstrate that EPI-7386 was well-tolerated, exhibited a favorable pharmacokinetic profile, and demonstrated initial anti-tumor activity in heavily pretreated patients. EPI-7386 was safe and well-tolerated at all dose levels and schedules tested, with no dose-limiting toxicities.
- The Phase 1b expansion study is expected to begin in the third quarter of calendar 2022; the trial is expected to enroll two dose cohorts as well as an additional cohort of patients with non-metastatic castration-resistant prostate cancer ("nmCRPC") who have not yet been treated with a second-generation antiandrogen in a 12-week window of opportunity study.
EPI-7386 Clinical Collaborations
- The Company has completed dosing of the first cohort of patients and is currently enrolling the second cohort of patients in the Company-sponsored Phase 1/2 study of EPI-7386 in combination with Astellas Pharma Inc.'s and Pfizer Inc.'s enzalutamide in patients with mCRPC who have not been treated with second-generation antiandrogens. In June 2022, the Company reported preliminary results from the first cohort suggesting that the drugs can be combined safely and result in active drug levels of both EPI-7386 and enzalutamide.
- Janssen Research and Development LLC continues to enroll patients in the Phase 1/2 trial of EPI-7386 in combination with apalutamide or abiraterone acetate plus prednisone in earlier line mCRPC patients.
- The Bayer-led Phase 1/2 trial will evaluate EPI-7386 in combination with darolutamide in earlier line mCRPC patients.
- The Company expects to initiate a Phase 2 investigator-sponsored neoadjuvant study to evaluate darolutamide compared to EPI-7386 + darolutamide in patients undergoing prostatectomy for high-risk localized prostate cancer by year-end.
Summary Financial Results
- Net Loss. ESSA recorded a net loss of $8.8 million ($0.20 loss per common share based on 44,059,700 weighted average common shares outstanding) for the quarter ended June 30, 2022, compared to a net loss of $8.8 million ($0.21 loss per common share based on 41,018,024 weighted average common shares outstanding) for the quarter ended June 30, 2021. For the quarter ended June 30, 2022, this included non-cash share-based payments of $1.6 million compared to $2.8 million for the comparable period in 2021, recognized for stock options granted and vesting.
- Research and Development ("R&D") expenditures. R&D expenditures for the quarter ended June 30, 2022 were $6.4 million compared to $6.2 million for the quarter ended June 30, 2021 and included non-cash costs related to share-based payments ($872,531 for the quarter ended June 30, 2022 compared to $1.2 million for the quarter ended June 30, 2021). The increase in R&D expenditures for the fiscal quarter ended June 30, 2022 was primarily related to preclinical and clinical data analysis associated with the Phase 1a clinical study.
- General and administration ("G&A") expenditures. G&A expenditures for the quarter ended June 30, 2022 were $2.9 million compared to $3.1 million for the quarter ended June 30, 2021 and included non-cash costs related to share-based payments of $718,469 for the quarter ended June 30, 2022 compared to $1.5 million for the comparable period in 2021. The decreased expenditure is the result of decreased professional fees from collaboration contracts in the prior period and decreased non-cash share-based payments.
Liquidity and Outstanding Share Capital
At June 30, 2022, the Company had available cash reserves and short-term investments of $174.6 million reflecting the gross proceeds of the February 2021 financing of approximately $150.0 million and July 2020 financing of $48.9 million, less operating expenses in the intervening period. The Company's cash position is expected to be sufficient to fund current and planned operations through 2024.
As of June 30, 2022, the Company had 44,073,076 common shares issued and outstanding.
In addition, as of June 30, 2022 there were 3,234,750 common shares issuable upon the exercise of warrants and broker warrants. This includes 2,920,000 prefunded warrants at an exercise price of $0.0001, and 314,750 warrants at a weighted average exercise price of $49.69. There were 7,852,061 common shares issuable upon the exercise of outstanding stock options at a weighted-average exercise price of $5.15 per common share.
About EPI-7386
EPI-7386 is an investigational, highly-selective, oral, small molecule inhibitor of the N-terminal domain of the androgen receptor. EPI-7386 is currently being studied in a Phase 1 clinical trial (NCT04421222) in men with CRPC and mCRPC whose tumors have progressed on current standard-of-care therapies. The Phase 1 clinical trial of EPI-7386 began in calendar Q3 of 2020 following FDA allowance of ESSA's Investigational New Drug application and Health Canada acceptance. The Phase 1b component of the study comprises two cohorts enrolling in parallel. Cohort A - a dose expansion study of EPI-7386 to evaluate the safety, tolerability, pharmacokinetic, and preliminary anti-tumor activity and Cohort B – a window of opportunity study with clinical endpoints to assess the anti-tumor activity in nmCRPC patients unperturbed by previous second generation anti-androgen therapies or chemotherapy. EPI-7386 is also being studied in earlier line mCRPC patients in Phase 1/2 trials in combination with enzalutamide, apalutamide and abiraterone acetate with prednisone. The U.S. FDA has granted Fast Track designation to EPI-7386 for the treatment of adult male patients with mCRPC resistant to standard-of-care treatment. ESSA retains all rights to EPI-7386 worldwide.
About ESSA Pharma Inc.
ESSA is a clinical-stage pharmaceutical company focused on developing novel and proprietary therapies for the treatment of patients with prostate cancer. For more information, please visit www.essapharma.com and follow us on Twitter under @ESSAPharma.
Forward-Looking Statement Disclaimer
This release contains certain information which, as presented, constitutes "forward-looking information" within the meaning of the Private Securities Litigation Reform Act of 1995 and/or applicable Canadian securities laws. Forward-looking information involves statements that relate to future events and often addresses expected future business and financial performance, containing words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions and includes, but is not limited to, statements regarding, the results of the initial clinical data, including the favorable pharmaceutical properties of EPI-7386, the expected commencement and timing of the Phase 1b study, the nature of the Phase 1/2 trial, the potential clinical benefit of EPI-7386 in combination with approved second-generation antiandrogens and the Company's expected cash runway.
Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of ESSA to control or predict, and which may cause ESSA's actual results, performance or achievements to be materially different from those expressed or implied thereby. Such statements reflect ESSA's current views with respect to future events, are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by ESSA as of the date of such statements, are inherently subject to significant medical, scientific, business, economic, competitive, political and social uncertainties and contingencies. In making forward looking statements, ESSA may make various material assumptions, including but not limited to (i) the accuracy of ESSA's financial projections; (ii) obtaining positive results of clinical trials; (iii) obtaining necessary regulatory approvals; and (iv) general business, market and economic conditions.
Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein and in ESSA's Quarterly Report on Form 10-Q dated August 4, 2022 under the heading "Risk Factors", a copy of which is available on ESSA's profile on EDGAR at www.sec.gov and on the SEDAR website at www.sedar.com, and as otherwise disclosed from time to time on ESSA's EDGAR and SEDAR profiles. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and ESSA undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as may be required by applicable United States and Canadian securities laws. Readers are cautioned against attributing undue certainty to forward-looking statements.
ESSA PHARMA INC.
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ESSA PHARMA INC.
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SOURCE ESSA Pharma Inc | https://www.wibw.com/prnewswire/2022/08/04/essa-pharma-provides-corporate-update-reports-financial-results-fiscal-third-quarter-ended-june-30-2022/ | 2022-08-04T11:46:59Z |
Health Plan uses Connect Oregon platform to facilitate integrated healthcare services
EUGENE, Ore., Aug. 19, 2022 /PRNewswire/ -- Trillium Community Health Plan (Trillium) is proud to announce its partnership with Unite Us, a leading technology company connecting health and social care services, to further enhance the health plan's ability to collaborate with providers and local community-based organizations to provide integrated healthcare services for Oregon Health Plan (OHP) members in Lane, western Linn, western Douglas, Clackamas, Multnomah, and Washington counties.
The Connect Oregon network, powered by Unite Us, is a coordinated care network of health and social service providers. Partners in the network are connected through the Unite Us Platform, an integrated, HI-TRUST-certified social care infrastructure helping providers and community-based organizations address social determinants of health and advance health equity. Trillium's care managers and member services staff will use the Connect Oregon network to efficiently coordinate care for OHP members, ensuring their access to needed services and supports.
"At Trillium, we are committed to ensuring our members have access to equitable, culturally sensitive care that addresses their whole health. This can mean helping members schedule preventive check-ups with their primary care providers; referring them to organizations that have safe, stable housing options; or connecting them with agencies that provide free or low-cost meal delivery services," said Sarah Brewer, Plan President and CEO, Trillium Community Health Plan. "Through the Connect Oregon network, we can facilitate engagement with a variety of services for our members while actively collaborating with our provider and community partners to assist if more care is needed along the way."
In alignment with Trillium's health equity strategy, the health plan will analyze metrics from the platform to track health outcomes and inform future partnerships and initiatives designed to invest resources where they are most needed, continuing to transform community health for all Oregonians.
"The collective goal of our partnership with Trillium Community Health Plan is to effectively increase equitable access to care for Oregonians regardless of circumstance," said Celia Higueras, State Network Director at Unite Us. "Trillium and Unite Us will work together to redefine the quality, impact, and intersection of health and social care across this community."
About Trillium Community Health Plan
Trillium Community Health Plan serves Oregon Health Plan members through the CCO model, which began in 2012. Trillium is a recognized leader for outstanding coordination of care. It was first awarded a contract with the state of Oregon to help manage care for the Oregon Health Plan in 1999. Trillium partners with an extensive group of providers to improve care and access to services for OHP members. For more information, please visit our website.
About Unite Us
Unite Us is a technology company that builds coordinated care networks of health and social service providers. With Unite Us' end-to-end solution, providers across sectors identify social care needs, send and receive secure, electronic referrals, report on tangible outcomes, and transform payment models within a secure and collaborative ecosystem. Unite Us' community engagement teams build sustainable partnerships with local organizations to ensure networks have solid foundations, launch successfully, and continue to grow and thrive. This HITRUST-certified social care infrastructure helps communities address social determinants of health and advance health equity. Follow Unite Us on LinkedIn, Twitter, Instagram, and Facebook.
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SOURCE Trillium Community Health Plan | https://www.wibw.com/prnewswire/2022/08/19/trillium-community-health-plan-partners-with-unite-us-address-social-determinants-health-oregon-health-plan-members/ | 2022-08-19T11:36:58Z |
DALLAS (KDAF) — Everyone is gearing up for the Taste of Dallas that’s set to take place at the Dallas Market Hall from June 10-12.
Here’s a look at what you can expect while enjoying ALL the food at this incredible celebration.
- Smoke & Sauce
- Follow the aroma of delicious smoked meats to the ultimate BBQ experience featuring some of North Texas’ best purveyors celebrating a tradition older than the lone star state.
- Tacophoria
- Escape to taco heaven featuring a variety of mouthwatering eats from some of your favorite taco joints. Corn or flour? Green or red? Cilantro and onion? Don’t try just one; try them all!
- Taste Tour The Ultimate Foodie Experience
- Taste Tour is your ticket to the ultimate foodie experience! There’s something new to try every day, from delectable pairing events with bacon & whiskey, craft beer, wine & exclusive restaurants, and Sunday Brunch Club.
- Baconland
- A celebration of everyone’s favorite cured meat, Bacon! In collaboration with Bacon Bash Texas, we present a collection of unique & delicious bacon inspired dishes. Did someone say Bacon Cinnamon Rolls?
- Global Flavors
- This traveling foodie’s paradise is brimming with delectable bites, desserts, and beverages. Explore the different cultures that make Dallas such a unique melting pot through tasty eats and drinks.
- It’s So Fair
- In the spirit of the tradition of the State Fair, this attraction features classics such as Fernie’s Funnel Cakes, Fletcher’s Corny Dogs, and many more deep-fried foodie favorites for attendees to enjoy.
- Taste Curbside
- We are bringing the foodie party curbside! Check out the food trucks that set up shop around the streets of beautiful North Texas serving up some creative and tasty eats from our four wheeled friends.
- Veggie Paradise
- Vegans & vegetarians, we’ve got you covered! We know it’s more than just a salad these days. This area features local eateries, bakeries and more offering the healthiest eats in town.
- Go Texan Market
- Go Texan has been highlighting products made for Texans by Texans for over 20 years. Sample and shop your way through the market, featuring hot sauces, caramels, popcorn, and a variety of other Go Texan member creations.
- Health & Wellness
- A showcase of businesses and exhibitors dedicated to keeping us all healthy. Learn about new methods and products that can help you improve your overall health and well-being.
- Fun Zone
- Full of family friendly entertainment and activities including photo opportunities with your favorite mascots, action heroes and even two of the adorable minions from the big screen will be onsite. And don’t miss tasty menu samplings from Andretti Indoor Karting & Games! | https://cw33.com/lifestyle/taste-of-dallas/what-to-expect-at-the-taste-of-dallas/ | 2022-05-17T15:55:14Z |
Christensen will lead the strategy and operations of Karma's Design Center, committed to design, craftmanship and technology.
IRVINE, Calif., Sept. 1, 2022 /PRNewswire/ -- Karma Automotive, is expanding its executive leadership team with the appointment of Michelle Christensen, as vice president of global design at Karma's Design Center. Christensen will be reporting to Jeff Wawrzyniak, chief administrative officer of Karma Automotive.
Christensen will be leading the strategy and operations of Karma's Design Center, including Brand design development and the design of future Karma products.
Michelle joins Karma Automotive with more than 17 years of extensive design, product development, brand building, and team leadership experience. She has been recognized on MotorTrend's "Power List" received the "Women On Top" award by Marie Claire Magazine and featured in Advertising Age Magazine's "Creativity 50". Her production program leadership has resulted in many industry firsts, earning the coveted Road & Track Performance Car of the Year and Green Car Journal Luxury Green Car of the Year.
"At Karma we are focused on design, craftmanship and technology," said Jeff Wawrzyniak, Chief Administrative Officer at Karma Automotive. "We are thrilled to have Michelle onboard and to work with her on Karma's next generation of electric technology and luxurious design."
Christensen brings extensive prior experience to Karma, ranging from established OEM to start-up studios, including the renowned Nissan Design America, Faraday Future, and GM Advanced Design Studio. A career highlight was her 12 years at Honda R&D, where she led the team of the award-winning 2017 Acura NSX, as well as the 2016 Acura Precision Concept that catalyzed the proportion, identity, and design philosophy for the future of the brand.
She holds a Bachelor of Science in Industrial Design from Art Center College of Design. Empowering teams and building beautiful machines is her passion.
Karma Automotive, founded in 2014, is a southern California based producer of luxury electric vehicles. Headquartered in Irvine, California with a production facility located in Moreno Valley, Karma sells vehicles via its dealer network in North America, Europe, South America, and the Middle East. Karma's Innovation and Customization Center, which opened in 2017, offers world-class engineering, design, customization, and manufacturing services along with electrification platforms. Karma's flagship vehicle, the Revero® GT, Green Car Journal's 2020 Luxury Green Car of the Year™, is an electric vehicle powered by dual electric motors that embodies Karma's goal of offering leading technology with a luxury experience. In 2021 Karma announced the GS-6 Series which includes both an extended-range series hybrid EV and their first-ever all-electric vehicle in 2023. Every Karma vehicle is created with unparalleled individual care and craftsmanship. Additionally, Karma provides world class commercial vehicle electrification and Customized Flexible Manufacturing services for customers in the mobility space via 'Powered by Karma.' Powered By Karma is the evolution of Karma's business development group that provides business to business (B2B) modular vehicle electrification solutions and services to outside customers.
For more information about Karma visit: Karma Automotive | Luxury Electric Cars
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SOURCE Karma Automotive | https://www.kxii.com/prnewswire/2022/09/01/karma-automotive-names-michelle-christensen-vice-president-global-design/ | 2022-09-01T18:42:08Z |
2 killed, 1 injured in overnight Overland Park house fire
OVERLAND PARK, Ks. (KCTV) - Two people died in an Overland Park house fire early Monday morning. A third person survived, but was hospitalized.
Crews responded at 1:30 a.m. to a call of a house fire on Westgate Street just south of West 103rd Street. When firefighters arrived, they found an active house fire with reports of people trapped inside, according to the Overland Park Fire Department.
Overland Park and Lenexa firefighters immediately began search and rescue operations while trying to extinguish the fire. They found two people dead inside the home, and a third person was transported to Overland Park Regional Medical Center. That victim was described as stable, according to the fire department.
The fire damage was contained to the home. The cause of the fire remains under investigation.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/06/20/2-killed-1-injured-overnight-overland-park-house-fire/ | 2022-06-20T15:58:17Z |
Webcast on August 9, 2022
LAKEWOOD, Colo., Aug. 5, 2022 /PRNewswire/ - Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) ("Energy Fuels" or the "Company") today reported its financial results for the quarter ended June 30, 2022. The Company's quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission ("SEC") and may be viewed on the Electronic Document Gathering and Retrieval System ("EDGAR") at www.sec.gov/edgar.shtml, on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, and on the Company's website at www.energyfuels.com. Unless noted otherwise, all dollar amounts are in U.S. dollars.
- At June 30, 2022, the Company had a robust balance sheet with $134.1 million of working capital, including $86.4 million of cash and cash equivalents, $11.8 million of marketable securities, $28.6 million of inventory, and no short term (or long term) debt. At current commodity prices, the Company's product inventory has a value of $43.9 million.
- During the quarter ended June 30, 2022, the Company incurred a net loss of $18.1 million, which included a non-cash mark-to-market decrease in the value of investments accounted for at fair value of $13.4 million.
- During Q2-2022, the Company entered into three (3) long-term uranium sales contracts with U.S. nuclear utilities. Base quantities under these contracts total 3.0 million pounds with deliveries to occur during the 2023 – 2030 time period. If the buyers exercise all options, total delivery quantities could increase to as much as 4.2 million pounds. Annual quantities vary year-to-year, with lower delivery quantities in the early years, and higher quantities in the later years. Contract pricing has a fixed price component (fully indexed to inflation) and a spot market component, along with floor and ceiling prices (fully indexed to inflation). The Company expects to fulfill deliveries during the early years of these contracts from its significant existing produced inventories.
- In June 2022, the U.S. Department of Energy ("DOE") issued a Request for Proposals ("RFP") to purchase uranium ("U3O8") for the new U.S. Uranium Reserve (the "Reserve"). The DOE states that they expect to purchase up to 1 million pounds of U3O8 inventory from up to four (4) qualified U.S. uranium producers. The uranium must be physically located at Honeywell's Metropolis Works conversion facility (the "U.S. Converter"). Energy Fuels believes it meets all qualifications to supply the Reserve, and the Company currently holds about 692,000 pounds of U3O8 at the U.S. Converter. The Company has submitted a bid to sell U3O8 to the Reserve, taking into consideration its long-term contract commitments and current and expected market conditions. There are no guarantees the DOE will purchase uranium from the Company under this RFP.
- During the first half of 2022, the Company produced approximately 205 tonnes of mixed rare earth element ("REE") carbonate ("RE Carbonate"), containing approximately 95 tonnes of total rare earth oxides ("TREO"). Energy Fuels' RE Carbonate, which is roughly 32% - 34% NdPr, is the most advanced REE material being produced in the U.S. today.
- In May 2022, the Company announced it had entered into agreements to acquire a 58 square mile rare earth land position in Brazil (the "Bahia Project"). The Bahia Project is a well-known heavy mineral sand ("HMS") deposit that has the potential to feed the Company's White Mesa Mill with REE and uranium-bearing monazite sand for decades. Due diligence is ongoing, and closing is currently expected to occur on or around August 31, 2022. After closing, the Company expects to conduct an extensive exploration program to better define the HMS and monazite resource, including comprehensive sonic drilling and geophysical mapping with the intent to complete an Initial Assessment under SK-1300 (U.S.) and a Preliminary Economic Assessment under NI 43-101 (Canada) during Q4-2022 or Q1-2023.
- The Company is currently in active discussions with several additional sources of natural monazite sands around the world to significantly increase the supply of feed for its growing REE initiative.
- The Company continues to make excellent progress toward installing full REE separation capabilities at the Mill to produce both "light" and "heavy" separated REE oxides in the coming years, subject to successful licensing, financing, and commissioning, and continued strong market conditions. The Company has hired Carester SAS ("Carester"), a global leader in producing separated REE oxides, to support these REE separation initiatives. The Company is also evaluating installing a smaller "light" separation circuit within the existing Mill facilities with the ability to produce up to 1,500 tonnes TREO and 375 tonnes of NdPr oxide per year in the next 18-24 months. Initial estimates indicate low capital and operating costs for this circuit until a larger facility in the order of 10,000 tonnes TREO can be permitted, constructed and commissioned.
- During the first half of 2022, the Company sold approximately 575,000 pounds of the Company's existing inventory of vanadium ("V2O5") (as ferrovanadium, "FeV"), for an average weighted net price of $13.44 per pound of V2O5. Vanadium markets have dropped in recent weeks. Therefore, the Company has halted sales of its inventory which currently stands at approximately 1.05 million pounds of V2O5. However, the Company expects to resume sales when markets improve again. The Company is evaluating the potential to resume vanadium recovery at the Mill in the future as market conditions may warrant for future sale and to replace sold inventory, where its tailings pond solutions contain an estimated additional 1.0 to 3.0 million recoverable pounds of V2O5.
- To bolster the Company's management team during its current growth phase and expansion into the REE industry, Energy Fuels has hired John Uhrie as Chief Operating Officer ("COO"), effective August 1, 2022, and Tom Brock as Chief Financial Officer ("CFO"), effective August 8, 2022. Mr. David Frydenlund, the Company's current CFO, General Counsel and Corporate Secretary, was appointed to the position of Executive Vice President, Chief Legal Officer and Corporate Secretary of the Company, effective August 8, 2022. Mr. Brock previously served as Vice President and Chief Accounting Officer for Extraction Oil and Gas Inc. and prior thereto as Vice President, Chief Accounting Officer and Corporate Controller for American Midstream Partners LP. Dr. Uhrie most recently served as Vice President for Metals, Exploration and Development for The Doe Run Company, a global leader in lead, zinc and copper production and prior thereto as President, Consulting Services of the Americas for RPM Global, as Manager of Process Metallurgy for Newmont Mining Corp., and as Manager, Metallurgy and Strategic Planning, Africa and Manager of Hydrometallurgical Operations for Freeport McMoRan Copper and Gold, Bagdad Operations. Both Mr. Brock and Dr. Uhrie bring significant experience in managing producing natural resource companies.
"Energy Fuels continues to make progress on all fronts of our uranium, rare earth, vanadium and medical isotope businesses. Uranium markets have been volatile but remain strong. We continue to believe the short and long-term fundamentals for uranium continue to point to higher pricing. We are extremely pleased to announce the execution of three long-term contracts with U.S. nuclear utilities. With up to 4.2 million pounds of uranium deliveries between 2023 and 2030, at attractive pricing and other terms, these contracts will help underpin Energy Fuels' uranium business for many years to come. We are also beginning to perform the work needed to recommence production at one or more of our uranium mines. The Company's substantial existing uranium inventories are expected to provide sufficient uranium for the early years of the contract deliveries. However, we expect to be in production at one or more of our uranium mines in the next two years. Our substantial inventories will also allow Energy Fuels the potential to offer significant quantities of uranium to the new U.S. Uranium Reserve. During the second half of 2022, we expect to shift back to processing stockpiled ores for uranium production, and we expect to produce 100,000 to 120,000 pounds of uranium in 2022.
"We sold some of our substantial vanadium inventories during the first half of 2022, as prices rose during the quarter. However, in recent weeks, vanadium prices have dropped back. Therefore, we stopped our sales. Nonetheless, during the first half of 2022, we sold about 575,000 pounds of V2O5, contained in ferrovanadium, at an average net price of $13.44 per pound V2O5. Our vanadium inventory was carried on our balance sheet at $6.09 per pound V2O5, so we have been able to capture some gross margin on these sales. Plus, we still have another 1.05 million pounds of V2O5 in inventory that we can sell into future market strength.
"Energy Fuels' rare earth initiative continues to proceed extremely well, and we believe we are making more progress, faster, than any other U.S. company. Last year, we began production of a high-purity mixed rare earth carbonate that is ready for separation. No other company in the U.S. is commercially producing a product as advanced as Energy Fuels. In March 2022, we began the partial separation of lanthanum from our rare earth carbonate, using existing solvent extraction equipment at our White Mesa Mill. This is the first commercial-scale rare earth separation to occur in the U.S. in many years. As a result, we produced a very high-purity rare earth carbonate, with most of the lanthanum removed, that contains about 32% - 34% NdPr. We also performed pilot-scale rare earth separation in the Mill's laboratory, where we produced about two kilograms of high-purity NdPr oxide per day. We expect to resume rare earth processing later in 2022, when we receive additional shipments of monazite sand from Chemours. It is early days, but with the outstanding achievements of our internal staff, complemented by our relationships with Neo Performance Materials ("Neo") and Carester, we are confident that we will restore U.S. rare earth separation capabilities in the coming years.
"Finally, our medical isotope initiative is also advancing nicely. As previously announced, we are evaluating the recovery of radioisotopes from our existing uranium and rare earth process streams at the White Mesa Mill that could potentially be used in emerging targeted alpha therapy ("TAT") cancer therapeutics. We look forward to providing more information on this initiative in the coming months.
"Lastly, I would like to welcome Tom Brock and John Uhrie to Energy Fuels' management team. I believe Energy fuels is making the leap to large-scale production of uranium and rare earth elements in the coming years. Therefore, we are extremely pleased to add these two individuals to our management team, both of whom have extensive experience in managing operating natural resource companies."
Webcast at 4:00 pm EDT on August 9, 2022:
Energy Fuels will be hosting a video webcast on August 9, 2022 at 4:00 pm EDT (2:00 pm MDT) to discuss its Q2-2022 financial results, the outlook for 2022, uranium, rare earths, vanadium, and medical isotopes. To join the webcast and access the presentation and viewer-controlled webcast slides, please click on the link below:
If you would like to participate in the webcast and ask questions, please dial in to 1-888-664-6392 (toll free in the U.S. and Canada).
A link to a recorded version of the proceedings will be available on the Company's website shortly after the webcast by calling 1-888-390-0541 (toll free in the U.S. and Canada) and by entering the code 536175#. The recording will be available until August 23, 2022.
At June 30, 2022, the Company had $134.1 million of working capital, including $98.1 million of cash and cash equivalents and marketable securities and $28.6 million of inventory, including approximately 692,000 pounds of uranium and 1.05 million pounds of high-purity vanadium, both in the form of immediately marketable product. The current spot price of U3O8, according to TradeTech, is $48.75 per pound, and the current mid-point spot price of V2O5, according to Metal Bulletin, is $8.00 per pound. Based on those spot prices, the Company's uranium and vanadium inventories have a current market value of $33.7 million and $8.4 million, respectively, totaling $42.1 million. The Company also holds RE Carbonate inventory with a current value of $1.8 million, for total product inventory of $43.9 million at current commodity prices.
During the quarter ended June 30, 2022, the Company incurred a net loss of $18.1 million, compared to a net loss of $10.8 million for the second quarter of 2021, and a net loss of $32.8 million for the six months ended June 30, 2022 compared to a net loss of $21.7 million during the first six months of 2021. The increased net losses in 2022 are due primarily to a non-cash mark-to-market decrease in the value of investments accounted for at fair value of $13.4 million for the second quarter of 2022 and $16.8 million for the six months ended June 30, 2022. The Company has seen improvement in the value of these investments accounted for at fair value subsequent to quarter end.
The Company continues to believe that uranium supply and demand fundamentals point to higher sustained uranium prices in the future. In addition, Russia's recent invasion of Ukraine and the recent entry into the uranium market by financial entities purchasing uranium on the spot market to hold for the long-term has the potential to result in higher sustained spot and term prices and, perhaps, induce utilities to enter into more long-term contracts with non-Russian producers like Energy Fuels to ensure security of supply and more certain pricing. Having recently secured three long-term uranium contracts with major U.S. utilities, the Company is beginning to perform the work needed to recommence production at one or more of its mines and in-situ recovery ("ISR") facilities, starting as soon as 2023. Until such time when the Company has ramped back up to commercial uranium production, it can rely on its significant uranium inventories to fulfill its new contract requirements. The Company also continues to evaluate selling a portion of its inventories on the spot market in response to future upside price volatility, into the newly created U.S. Uranium Reserve Program, or for delivery into additional long-term supply contracts if procured. During the first half of 2022, the Company also began selling a portion of its vanadium inventory into then strengthening markets.
The Company will also continue to seek new sources of revenue, including through its emerging REE business, as well as new sources of Alternate Feed Materials and new fee processing opportunities at the Mill that can be processed without reliance on current uranium sales prices. The Company is also seeking new sources of natural monazite sands (in addition to the proposed acquisition of the Bahia Project) for its emerging REE business, is evaluating the potential to recover radioisotopes for use in the development of TAT medical isotopes for the treatment of cancer, and continues its support of U.S. governmental activities to assist the U.S. uranium mining industry, including the new U.S. Uranium Reserve Program and other efforts to restore domestic nuclear fuel capabilities.
During 2022, the Company plans to recover 100,000 to 120,000 pounds of uranium and approximately 650 to 1,000 tonnes of mixed RE Carbonate containing approximately 300 to 450 tonnes of TREO.
No vanadium production is currently planned during 2022, though the Company sold some of its existing vanadium inventory into recent strong markets and is evaluating the potential to recommence vanadium production in 2023 or later years as market conditions may warrant for future sale and to replace sold inventory.
The Company has secured three new long-term sales contracts with U.S. nuclear utilities and is continuing to strategically pursue additional uranium sales commitments with pricing expected to have both fixed and market-related components. The Company believes that recent price increases, volatility and focus on security of supply in light of Russia's invasion of Ukraine have increased the potential for the Company to make uranium sales and procure additional term sales contracts with utilities at pricing that sustains production and covers corporate overhead. Therefore, existing inventories may increase from 692,000 pounds of U3O8 to 792,000 to 812,000 pounds of U3O8 at year-end 2022 or may increase to a lesser extent, or be reduced, in the event the Company sells a portion of its inventory on the spot market, to the U.S. Uranium Reserve, or pursuant to term contracts in 2022.
The Company expects to produce insignificant quantities of U3O8 in the year ending December 31, 2022 from Nichols Ranch and Alta Mesa. Until such time when market conditions improve sufficiently, suitable term sales contracts can be procured, or the U.S. Uranium Reserve Program is expanded, the Company expects to maintain the Nichols Ranch and Alta Mesa Projects on standby and defer development of further wellfields and header houses.
During the six months ended June 30, 2022, the Mill did not package any material quantities of U3O8, focusing instead on developing its REE recovery business. During the six months ended June 30, 2022, the Mill produced approximately 205 tonnes of RE Carbonate, containing approximately 95 tonnes of TREO. The Mill recovered small quantities of uranium during the Quarter, which were retained in circuit. During 2022, the Company expects to recover 100,000 to 120,000 pounds of uranium at the Mill as finished product. The Company expects to recover approximately 650 to 1,000 tonnes of mixed RE Carbonate containing approximately 300 to 450 tonnes of TREO at the Mill during 2022. The Company expects to sell all or a portion of its mixed RE Carbonate to Neo or other global separation facilities and/or to stockpile it for future production of separated REE oxides at the Mill or elsewhere. The Company is in advanced discussions with several sources of natural monazite sands (in addition to the Bahia Project) to secure additional supplies of monazite sands, which if successful, would be expected to allow the Company to increase RE Carbonate production.
In addition to its 692,000 pounds of finished uranium inventories currently located at North American conversion facilities and at the Mill, the Company has approximately 300,000 pounds of U3O8 contained in stockpiled Alternate Feed Materials and other ore inventory at the Mill that can be recovered relatively quickly in the future, as general market conditions may warrant (totaling about 992,000 pounds of U3O8 of total uranium inventory). The Company is also seeking to acquire additional ore inventory from third party mine cleanup activities that can be recovered relatively quickly in the future.
The Company currently holds 1.05 million pounds of V2O5 in inventory, and there remains an estimated 1.0 to 3.0 million pounds of additional solubilized recoverable V2O5 remaining in tailings solutions awaiting future recovery, as market conditions may warrant.
During the six months ended June 30, 2022, standby and environmental compliance activities continued at the fully permitted and substantially developed Pinyon Plain Project (uranium and, potentially, copper) and the fully permitted and developed La Sal Complex (uranium and vanadium). The Company plans to continue carrying out engineering, metallurgical testing, procurement and construction management activities at its Pinyon Plain Project. The timing of the Company's plans to extract and process mineralized materials from these Projects will be based on sustained improvements in general market conditions, procurement of suitable sales contracts and/or the expansion of the U.S. Uranium Reserve Program.
The Company is selectively advancing certain permits at its other major conventional uranium projects, such as the Roca Honda Project, which is a large, high-grade conventional project in New Mexico. The Company is also continuing to maintain required permits at its conventional projects, including the Whirlwind Project, which came out of temporary cessation during the Quarter, and the Sheep Mountain project. In addition, the Company will continue to evaluate the Bullfrog Project. Expenditures for certain of these projects have been adjusted to coincide with expected dates of price recoveries based on the Company's forecasts. All these projects serve as important pipeline assets for the Company's future conventional production capabilities, as market conditions may warrant.
During the six months ended June 30, 2022, the Company entered into three uranium sale and purchase agreements with major U.S. utilities, constituting its first new long-term supply contracts since 2018. Having observed a marked uptick in interest from nuclear utilities seeking long-term uranium supply, the Company remains actively engaged in pursuing additional selective long-term uranium sales contracts.
The Company submitted a bid to sell a portion of its existing uranium inventory into the U.S. Uranium Reserve at pricing that provides an appropriate rate of return to the Company. There are no guarantees that the U.S. government will buy all, or any, of the uranium the Company offers for sale.
As a result of strengthening vanadium markets, during the six months ended June 30, 2022, the Company sold approximately 575,000 pounds of V2O5 (as FeV) at a gross weighted average price of $13.44 per pound of V2O5. The Company expects to sell its remaining finished vanadium product when justified into the metallurgical industry, as well as other markets that demand a higher purity product, including the aerospace, chemical, and potentially the vanadium battery industries. The Company expects to sell to a diverse group of customers in order to maximize revenues and profits. The vanadium produced in the 2018/19 pond return campaign was a high-purity vanadium product of 99.6%-99.7% V2O5. The Company believes there may be opportunities to sell certain quantities of this high-purity material at a premium to reported spot prices. The Company may also retain vanadium product in inventory for future sale, depending on vanadium spot prices and general market conditions.
The Company commenced its ramp-up to commercial production of a mixed RE Carbonate in March 2021 and has shipped all its RE Carbonate produced to-date to Neo's Silmet facility in Estonia, where it is currently being fed into their separation process. All RE Carbonate produced at the Mill in 2022 is expected to be sold to Neo for separation at Silmet. Until such time as the Company expects to permit and construct its own separation circuits at the Mill, production in future years is expected to be sold to Neo for separation at Silmet and, potentially, to other REE separation facilities outside the U.S. To the extent not sold, the Company expects to stockpile mixed RE Carbonate at the Mill for future separation and other downstream REE processing at the Mill or elsewhere. During the quarter ended June 30, 2022, the Company sold approximately 18,000 kilograms of TREO at an average price of $25.35 per kilogram of TREO.
As the Company continues to ramp up its mixed RE Carbonate production and additional funds are spent on process enhancements, improving recoveries, product quality and other optimization, profits from this initiative are expected to be minimal until such time when monazite throughput rates are increased and optimized. However, even at the current throughput rates, the Company is recovering most of its direct costs of this growing initiative, with the other costs associated with ramping up production, process enhancements and evaluating future separation capabilities at the Mill being expensed as underutilized capacity production costs applicable to RE Carbonate and development expenditures. Throughout this process, the Company is gaining important knowledge, experience and technical information, all of which will be valuable for current and future mixed RE Carbonate production and expected future production of separated REE oxides and other advanced REE materials at the Mill. As discussed above, the Company is evaluating installing a full separation circuit at the Mill to produce both "light" and "heavy" separated REE oxides in the coming years, subject to successful licensing, financing, and commissioning and continued strong market conditions, and has hired Carester to support these REE separation initiatives.
About Energy Fuels: Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The Company also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to full commercial-scale production of RE Carbonate. Its corporate offices are in Lakewood, Colorado near Denver, and all its assets and employees are in the United States. Energy Fuels holds three of America's key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch ISR Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant, as well as RE Carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest S-K 1300 and NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels' common shares is the NYSE American under the trading symbol "UUUU," and the Company's common shares are also listed on the Toronto Stock Exchange under the trading symbol "EFR." Energy Fuels' website is www.energyfuels.com.
Cautionary Note Regarding Forward-Looking Statements: This news release contains certain "Forward Looking Information" and "Forward Looking Statements" within the meaning of applicable United States and Canadian securities legislation, which may include, but are not limited to, statements with respect to: production and sales forecasts; costs of production; any expectation that the Company will be awarded any sales under the U.S. Uranium Reserve; scalability, and the Company's ability and readiness to re-start, expand or deploy any of its existing projects or capacity to respond to any improvements in uranium market conditions or in response to the Uranium Reserve; any expectation as to future uranium, vanadium, RE Carbonate or REE market fundamentals or sales; any expectation as to recommencement of production at any of the Company's uranium mines or the timing thereof; any expectation regarding any remaining dissolved vanadium in the Mill's tailings facility solutions or the ability of the Company to recover any such vanadium at acceptable costs or at all; any expectation as to the ability of the Company to secure any new sources of Alternate Feed Materials or other processing opportunities at the Mill; any expectation as to timelines for the permitting and development of projects; any expectation as to longer term fundamentals in the market and price projections; any expectation as to the implications of the current Russian invasion of Ukraine on uranium, vanadium or other commodity markets; any expectation that the Company will maintain its position as a leading uranium company in the United States; any expectation with respect to timelines to production; any expectation that the Mill will be successful in producing RE Carbonate on a full-scale commercial basis; any expectation that Neo will be successful in separating the Mill's RE Carbonate on a commercial basis; any expectation that Energy Fuels will be successful in developing U.S. separation, or other value-added U.S. REE production capabilities at the Mill, or otherwise, including the timing of any such initiatives and the expected production capacity or capital and operating costs associated with any such production capabilities; any expectation that the Company will restore U.S. rare earth separation capabilities in the coming years; any expectation with respect to the future demand for REEs; any expectation with respect to the quantities of monazite sands to be acquired by Energy Fuels, the quantities of RE Carbonate to be produced by the Mill or the quantities of contained TREO in the Mill's RE Carbonate; any expectation that any additional supplies of monazite sands will result in sufficient throughput at the Mill to reduce underutilized capacity production costs and allow the Company to realize its expected margins on a continuous basis; any expectation that the Company will close the acquisition of the Bahia Project as scheduled or at all; any expectation that the Bahia Project has the potential to feed the Mill with REE and uranium-bearing monazite sand for decades; any expectation that the Company will complete comprehensive sonic drilling and geophysical mapping at the Bahia Project or complete an Initial Assessment under SK-1300 (U.S.) and a Preliminary Economic Assessment under NI 43-101 (Canada) during Q4-2022 or Q1-2023, or otherwise; any expectation that the Company's evaluation of thorium and radium recovery at the Mill will be successful; any expectation that the potential recovery of medical isotopes from any thorium and radium recovered at the Mill will be feasible; any expectation that any thorium, radium and other isotopes can be recovered at the Mill and sold on a commercial basis; any expectation as to the quantities to be delivered under existing uranium sales contracts, or that such contracts may help underpin the Company's uranium business for many years to come; any expectation that the Company will be successful in completing any additional contracts for the sale of uranium to U.S. utilities; any expectation that any existing or potential future uranium sales contracts will be at prices and quantities that provide an appropriate rate of return or sustain production and cover corporate overhead; any expectation that the value of the Company's investments accounted for at fair value may improve in future periods; and any expectation that the Company will generate net income in future periods. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans," "expects," "does not expect," "is expected," "is likely," "budgets," "scheduled," "estimates," "forecasts," "intends," "anticipates," "does not anticipate," or "believes," or variations of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will be taken," "occur," "be achieved" or "have the potential to." All statements, other than statements of historical fact, herein are considered to be forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements express or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements include risks associated with: commodity prices and price fluctuations; processing and mining difficulties, upsets and delays; permitting and licensing requirements and delays; changes to regulatory requirements; legal challenges; the availability of sources of Alternate Feed Materials and other feed sources for the Mill; competition from other producers; public opinion; government and political actions; available supplies of monazite sands; the ability of the Mill to produce RE Carbonate to meet commercial specifications on a commercial scale at acceptable costs; the ability of Neo to separate the RE Carbonate produced by the Mill to meet commercial specifications on a commercial scale at acceptable costs; market factors, including future demand for REEs; the ability of the Mill to be able to separate radium or other radioisotopes at reasonable costs or at all; market prices and demand for medical isotopes; and the other factors described under the caption "Risk Factors" in the Company's most recently filed Annual Report on Form 10-K, which is available for review on EDGAR at www.sec.gov/edgar.shtml, on SEDAR at www.sedar.com, and on the Company's website at www.energyfuels.com. Forward-looking statements contained herein are made as of the date of this news release, and the Company disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Company assumes no obligation to update the information in this communication, except as otherwise required by law.
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SOURCE Energy Fuels Inc. | https://www.kxii.com/prnewswire/2022/08/05/energy-fuels-announces-q2-2022-results-including-continued-robust-balance-sheet-market-leading-us-uranium-amp-rare-earth-positions/ | 2022-08-05T22:07:22Z |
(NewsNation) — More than a third of working Americans don’t have enough money to cover their most basic household needs, including housing, food and childcare, according to a new study.
Researchers at Brandeis University found that 35% of American families do not meet the “basic family needs budget” — the amount needed to afford rent, food, transportation, medical care and minimal household expenses — despite working full-time year-round.
The situation is dire among working Black and Hispanic families, more than 50% of whom cannot afford the basics. A quarter of white families and 23% of Asian and Pacific Islander families are struggling to make rent and buy food, despite holding down full-time jobs.
Abby Walters, a research associate for the Institute for Child, Youth and Family Policy, is one of three researchers who conducted the study. She said this is a long-standing issue that many working families have known for a long time.
“Our study was conducted using data prior to the COVID-19 pandemic and the historic inflation that we’ve seen. So families were struggling even before this time,” Walters said. “It’s important to note that this basic needs that we consider is higher than the poverty level, but still doesn’t include many things that people consider essential to the American dream, like saving for a house or simpler pleasures, like being able to take your child out for a birthday.”
Walters said many families are now relying on and supplementing their income with government transfers, or facing significant housing and food insecurity while having difficulty making sure that they provide all of the resources needed to support their child’s healthy development.
Walters said resolving this issue is bigger than “just giving people more money.” Here are three things she recommends be done to combat this issue:
- Working families need a raise. This can be done through several mechanisms — employers can start paying their workers more, or Americans can rely on government transfers, like the child tax credit and the Earned Income Tax Credit.
- Another thing that can be done is to help lower the cost of necessary expenses like housing and food.
- It’s important Americans invest in policies supporting work and families, like paid family and medical leave and an affordable childcare system.
Meanwhile, more Americans are turning to payday loans and “buy now, pay later” plans to afford everyday basics.
In March, Klarna, a buy-now-pay-later company, started rolling out payment plans at gas stations, and that trend has continued to grow.
A study by Harvard University found more Americans are using modern versions of layaway to cover the cost of groceries and meals.
Nearly $46 billion in pay-later transactions were made last year — three times the amount in 2020. Last year, food accounted for just 6% of those purchases.
Fast forward to this year, Zip says its seen a 95% growth in grocery transactions.
Klarna says more than half of the 100 most purchased items are grocery and household staples.
Zilch says groceries and restaurant charges make up nearly 40% of all its transactions.
A July report done by Fitch Ratings found that most buy now, pay later customers are economically vulnerable, and around 40% have a poor credit history.
If it sounds too good to be true, it probably is … these companies market themselves as basically an interest-free loan, but missed payments and late fees can even go above and beyond what you’d pay in interest on a credit card. | https://cw33.com/news/nexstar-media-wire/americans-turning-to-modern-layaway-to-afford-basics/ | 2022-09-13T20:24:20Z |
TORONTO, June 9, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 Manufacturing Execution Systems Data Quadrant, naming the highest scoring three providers as Gold Medalists for the year.
Manufacturing execution systems (MES) connect and monitor the different manufacturing processes and data flows on the shop floor. For example, logistics, production, customer relationship management (CRM), and workforce management can all be implemented and monitored in one system. The goal is effective execution of the different stages of manufacturing by connecting the inputs and outputs of the different systems involved in the process to increase production performance.
In today's market, an MES can help increase customer satisfaction, improve compliance requirements, and, most importantly, allow a shop floor to be more agile, making for a shorter time to market.
The top manufacturing execution system providers for 2022 have been identified based on verified survey data collected from users. These providers have received high scores on SoftwareReviews' Data Quadrant.
Providers are ranked by a composite satisfaction score, called a Composite Score (CS), that averages four different areas of evaluation: Net Emotional Footprint, Vendor Capabilities, Product Features, and Likeliness to Recommend.
The 2022 Manufacturing Execution System Gold Medalists are as follows:
- TilliT Digital Operations, 8.2 CS, excelled in usability and intuitiveness.
- Plex MES from Rockwell Automation, 7.9 CS, excelled for ease of implementation and ERP integration.
- iBASEt MES, 7.7 CS, excelled in creating business value for end-users.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate manufacturing execution system providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' dedicated category page.
For more information about SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
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SOURCE SoftwareReviews | https://www.mysuncoast.com/prnewswire/2022/06/09/these-top-three-manufacturing-execution-system-providers-are-positioned-improve-production-this-year-according-softwarereviews-data/ | 2022-06-09T18:47:22Z |
ORLANDO, Fla., May 4, 2022 /PRNewswire/ -- Tupperware Brands Corporation (NYSE: TUP), a leading global consumer products company, announced today that effective May 24, 2022, Mariela Matute will become the new Chief Financial Officer (CFO) of the company.
Matute will join Tupperware with more than 20 years in various finance roles spanning the technology, consumer and manufacturing sectors. She is currently serving as CFO of Calavo Growers (NASDAQ: CVGW), a publicly-traded global leader in avocado distribution and fresh foods processing, serving retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide. While at Calavo, Matute has helped to drive the transformation and turnaround of the 100-year old company through her role in leading accounting, financial planning and analysis (FP&A), investor relations, treasury, information technology, internal audit and legal. She was responsible for initiatives including the restructuring of the company's debt; the implementation of a new ERP system to modernize the company's legacy infrastructure; and the acceleration of a more data-driven decision-making process across the organization. Prior to Calavo, Matute was CFO of Amazon Business, which focuses on business-to-business online procurement. In that role, she managed teams across financial planning, pricing analytics, data science, and risk management, and was instrumental in enabling the business unit to achieve its three-year financial plan, including sales and profit targets. Prior roles include finance leadership positions at Driscoll's Inc., The Chia Co., Henkel and Proctor & Gamble, where she led global finance organizations across North America, South America, Europe and Asia.
"We welcome Mariela to the team as a critical player in our Turnaround Plan to help us restore our iconic brand to growth," said Miguel Fernandez, President & Chief Executive Officer of Tupperware Brands. "Our goal is to build a business that is as big as our brand, delivering value to all of our stakeholders and enabling more consumers than ever before to access our loved and trusted products. Mariela's deep financial acumen will be a significant benefit to us as we execute on our strategy and look to optimize revenue, margin and market share opportunities. I am confident she will help us to accelerate the pace of change as we transform our business model into one that serves all channels where consumers want to shop the Tupperware brand."
As CFO of Tupperware Brands, Matute will be part of Tupperware's executive team, helping to develop omnichannel business strategies alongside the company's commercial leaders. She will be responsible for strategically leading and managing all aspects of the company's global finance function including finance and accounting, FP&A, financial reporting, investor relations, tax and government affairs, treasury, audit and enterprise risk management and geographic finance organizations. Matute will assume the position of CFO from Sandra Harris, who has been dually serving as both Chief Financial Officer and Chief Operating Officer.
"I was immediately drawn to the monumental change that Tupperware is undergoing," said Matute. "To be a part of a business transformation of this magnitude is an honor, and I look forward to joining the team. I am confident in our ability to execute on our strategic plan in order to achieve sustained growth and profitability."
About Tupperware Brands Corporation
Tupperware Brands Corporation (NYSE: TUP) is a leading global consumer products company that designs innovative, functional and environmentally responsible products that people love and trust. Founded in 1946, Tupperware's signature container created the modern food storage category that revolutionized the way the world stores, serves and prepares food. Today, this iconic brand has more than 8,500 functional design and utility patents for solution-oriented kitchen and home products. With a purpose to nurture a better future, Tupperware® products are an alternative to single-use items. The company distributes its products into nearly 70 countries primarily through independent representatives around the world. For more information, visit Tupperwarebrands.com or follow Tupperware on Facebook, Instagram, LinkedIn and Twitter.
Investors: Alexis Callahan, alexiscallahan@tupperware.com 321.588.5129
Media: Cameron Klaus, cameronklaus@tupperware.com, 407.371.9784
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SOURCE Tupperware Brands Corporation | https://www.mysuncoast.com/prnewswire/2022/05/04/tupperware-names-mariela-matute-new-chief-financial-officer/ | 2022-05-04T12:58:46Z |
Flair's products tie heating and cooling to occupancy, reducing energy consumption in unused spaces
SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ -- Flair, creators of smart vents, thermostats and easy-to-use software for room-level temperature control, today announced the closing of a $7.6M Series A funding round. The round was co-led by Active Impact Investments and Lowercarbon Capital, with participation from existing investors SOSV, Skyview, Peter Nagar and Resilience Capital Partners, as well as new investors Shell Ventures, Susquehanna Foundation and strategic participation from 3M Ventures, the venture capital arm of 3M.
"Building operations generate more than 25% of our global GHG emissions annually. The magic of what the team at Flair has built is that customers are adopting their suite of products to solve a comfort problem first, which happens to also meaningfully reduce one of the largest sources of emissions." - Mike Winterfield, Managing Partner, Active Impact Investments
"All over the world people are trying to get their hands on heat pumps, the cheapest and cleanest way to cool homes. Flair turns all these machines into smart devices that save your bill and the grid." - Chris Sacca, Co-Founder and Managing Partner, Lowercarbon Capital
Flair's ever-growing install base consists of tens of thousands of homes and businesses primarily in North America, with the company managing 60 Megawatts of energy globally. This Series A funding will be used to expand their team, grow utility and distribution partnerships, while building next generation products and experiences. Flair will expand on its OEM partnerships to drive heat-pump adoption, leveraging its leading home hybridization solution in the pursuit of transitioning the US building sector off oil and gas energy sources as quickly as possible.
"Flair is providing its customers with an elegant set of solutions that not only reduce their energy consumption and improve their comfort, but also enable a more flexible, responsive energy system. It's exactly these types of solutions that are needed to decarbonize buildings and advance the energy transition." - Hector MacQuarrie, Venture Principal, Shell Ventures
Beyond efficiency and building level electrification, Flair is supporting the grid by balancing heating and cooling demand with intermittent clean energy, like solar and wind. The load flexibility provided by Flair's products is a step forward in decarbonizing the energy system while maintaining grid reliability and resiliency.
"We are thrilled to work with forward-thinking investors who share our vision and values and can help position us for the future. This investment represents a clear conviction about the urgency of reducing the impact of buildings and is a recognition of the criticality of both software and hardware solutions needed to transition to a clean energy future. Flair is building the most sophisticated solutions for decarbonizing heating and cooling in residential and commercial buildings and this funding will increase our product compatibility and customer base, while continuing to support our mission of bringing meaningful energy reduction and improved comfort to people's lives." - Daniel Myers, Co-Founder and CEO, Flair
Find out more about Flair's smart vents, thermostats and easy-to-use software at flair.co.
About Flair
Flair makes smart vents, thermostats and advanced software for room-level temperature control.
Flair's suite of affordable products solve HVACs most difficult, long standing, and widespread problems.
Flair is a team of engineers, designers, and communicators with a passion for saving energy. Their mission is simple - to cost effectively increase comfort while decreasing energy.
Founded in 2014 and based in San Francisco, Flair's products are sold through multiple channels including direct to consumer, HVAC dealers/distributors, and utilities.
Media Contact: media@flair.co
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SOURCE Flair | https://www.kxii.com/prnewswire/2022/09/08/smart-energy-startup-flair-raises-76m-series-funding-expand-their-climate-tech-home-grid/ | 2022-09-08T16:50:46Z |
4 killed in Ohio; man called ‘armed and dangerous’ sought
Published: Aug. 6, 2022 at 9:58 AM CDT|Updated: 50 minutes ago
DAYTON, Ohio (AP) — Authorities say four people were shot to death in Ohio and a man considered armed and dangerous is being sought.
Police in Montgomery County’s Butler Township said officers were sent shortly after noon Friday after a report of shots fired.
Chief John Porter said four victims were pronounced dead at the scene. Their names weren’t released and police said the motive for the shooting wasn’t yet clear.
Police are seeking 39-year-old Stephen Marlow, who was believed to have fled the area in a sport utility vehicle and was considered “armed and dangerous.”
A message seeking comment was left Saturday at a number listed in his name.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/06/4-killed-ohio-man-called-armed-dangerous-sought/ | 2022-08-06T15:48:54Z |
First-in-human clinical study of PH-762 for the treatment of advanced melanoma open for enrollment
Expect to finalize IND-enabling studies for PH-894 in the second half of 2022
MARLBOROUGH, Mass., May 12, 2022 /PRNewswire/ -- Phio Pharmaceuticals Corp. (Nasdaq: PHIO), a clinical stage biotechnology company developing the next generation of therapeutics based on its proprietary self-delivering RNAi (INTASYL™) therapeutic platform, today reported its financial results for the quarter ended March 31, 2022 and provided a business update.
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"We are pleased enrollment is open for our first-in-human clinical trial for PH-762 at the Gustave Roussy Institute, one of the largest cancer centers in Europe. This study will evaluate the safety, tolerability, pharmacokinetics and checkpoint anti-tumor activity of PH-762 in a neoadjuvant setting in subjects with advanced melanoma. The clinical study will feature a dose escalation of PH-762 with top-line data from the first group of patients expected in the first quarter of 2023," said Dr. Geert Cauwenbergh, Principal Executive Officer of Phio. "In addition, the new preclinical data we recently presented at the AACR Annual Meeting shows the potential of PH-894 to be used in treating patients who do not respond to anti-PD-1 therapy, or patients who progress after initially responding to treatment with checkpoint inhibitors. The reaction of the investment community when this data was presented, reinforces the relevance of a compound like PH-894, an INTASYL compound specifically targeting BRD4, in patients who may not respond or relapse after PD-1 therapy. We expect to finalize IND-enabling studies for PH-894 in the second half of 2022," concluded Dr. Cauwenbergh.
Quarter in Review and Recent Corporate Updates
- Enrollment open for the Company's Phase 1b clinical study to evaluate the safety, tolerability, pharmacokinetics and anti-tumor activity of PH-762 in a neoadjuvant setting in subjects with advanced melanoma.
- Presented new in vivo data at the AACR Annual Meeting 2022 that provide a strong rationale for the clinical use of PH-894, a BRD4-targeting, self-delivering RNAi, as a monotherapy, as well as in combination with systemic PD-1 therapy.
- Continue to develop PH-3861, a dual-targeting INTASYL towards PD-1 and BRD4. Last year this program reported data that show PH-3861 elicited complete cure of tumors in an in vivo hepatoma model and outperformed the efficacy of the small molecule and antibody control treatments toward the same targets. In addition, local INTASYL therapy was shown to induce a systemic anti-tumor response with clearance of untreated distal tumors.
Upcoming Pipeline Milestones
- Expect to finalize IND-enabling studies for PH-894 in the second half of 2022.
- On track to report top-line data from the first group of patients with advanced melanoma in the clinical trial for PH-762 in the first quarter of 2023.
- Additional data publications on the Company's pipeline programs.
Financial Results
Cash Position
At March 31, 2022, the Company had cash of $20.5 million as compared with $24.1 million at December 31, 2021. The Company expects its current cash will be sufficient to fund currently planned operations to the second quarter of 2023.
Research and Development Expenses
Research and development expenses were approximately $1.6 million for the quarter ended March 31, 2022, compared with approximately $2.4 million for the quarter ended March 31, 2021. The decrease was primarily due to the preclinical studies and manufacturing costs to support the Company's clinical trial with PH-762, which were completed in the prior year period, offset by increases in CRO costs in preparation for the start of the Company's clinical trial with PH-762 and personnel-related expenses due to an increase in headcount as compared to the prior year period.
General and Administrative Expenses
General and administrative expenses were approximately $1.1 million for the quarter ended March 31, 2022, compared with approximately $1.2 million for the quarter ended March 31, 2021. The decrease was primarily due to decreases in legal and patent fees offset by an increase in stock-based compensation expense.
Net Loss
Net loss was $2.6 million, or $0.19 per share, for the quarter ended March 31, 2022, compared with $3.4 million, or $0.32 per share, for the quarter ended March 31, 2021. The decrease in net loss was primarily attributable to the decrease in research and development expenses as described above.
About Phio Pharmaceuticals Corp.
Phio Pharmaceuticals Corp. (Nasdaq: PHIO) is a clinical stage biotechnology company developing the next generation of immuno-oncology therapeutics based on its self-delivering RNAi (INTASYL™) therapeutic platform. The Company's efforts are focused on silencing tumor-induced suppression of the immune system through its proprietary INTASYL platform with utility in immune cells and the tumor microenvironment. Our goal is to develop powerful INTASYL therapeutic compounds that can weaponize immune effector cells to overcome tumor immune escape, thereby providing patients a powerful new treatment option that goes beyond current treatment modalities. For additional information, visit the Company's website, www.phiopharma.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "intends," "believes," "anticipates," "indicates," "plans," "expects," "suggests," "may," "would," "should," "potential," "designed to," "will," "ongoing," "estimate," "forecast," "target," "predict," "could" and similar references, although not all forward-looking statements contain these words. Forward-looking statements are neither historical facts nor assurances of future performance. These statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results may differ materially from those indicated in the forward-looking statements as a result of a number of important factors, including, but not limited to, the impact to our business and operations by the ongoing coronavirus pandemic, the development of our product candidates, results from our preclinical and clinical activities, our ability to execute on business strategies, our ability to develop our product candidates with collaboration partners, and the success of any such collaborations, the timeline and duration for advancing our product candidates into clinical development, the timing or likelihood of regulatory filings and approvals, the success of our efforts to commercialize our product candidates if approved, our ability to manufacture and supply our product candidates for clinical activities, and for commercial use if approved, the scope of protection we are able to establish and maintain for intellectual property rights covering our technology platform, our ability to obtain future financing, market and other conditions and those identified in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q under the caption "Risk Factors" and in other filings the Company periodically makes with the SEC. Readers are urged to review these risk factors and to not act in reliance on any forward-looking statements, as actual results may differ from those contemplated by our forward-looking statements. Phio does not undertake to update forward-looking statements to reflect a change in its views, events or circumstances that occur after the date of this release, except as required by law.
Contact Phio Pharmaceuticals Corp.
ir@phiopharma.com
Investor Contact
Ashley R. Robinson
LifeSci Advisors
arr@lifesciadvisors.com
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SOURCE Phio Pharmaceuticals Corp. | https://www.wibw.com/prnewswire/2022/05/12/phio-pharmaceuticals-reports-first-quarter-2022-financial-results-provides-business-update/ | 2022-05-12T21:23:10Z |
Perhaps no group of people is more alarmed about Elon Musk’s apparent plan to make Twitter a free speech free-for-allthan those most likely to be targeted for harassment: women, racial minorities and other marginalized groups.
They fear that a more hands-off approach to policing the platform will embolden purveyors of hate speech, bullying and disinformation to ratchet up their bad behavior — a possibility Musk has done little to dispel.
Yet even those who have faced extreme harassment on Twitter say they are unlikely to quit the platform. Despite the negative psychological toll, they value Twitter as a diverse forum to express their views and engage with others.
That could help explain why Musk shows little concern for the underbelly of unfettered free speech, although advertisers – who account for about 90% of Twitter’s revenue – may not feel the same way.
Renee Bracey Sherman, a biracial abortion rights advocate, endures a steady stream of predictable criticism on Twitter and, occasionally, an eruption of vile tweets: messages calling for her death, photos of aborted fetuses and, recently, her likeness photo-shopped as a Nazi.
“It is a montage of hate and gore and violence,” Bracey Sherman said.
But while some famous people threaten to quit Twitter because of Musk, more typical users like Bracey Sherman say it’s not that simple. They cannot cannot leave Twitter and expect their followers to join them.
To mitigate the hate, Bracey Sherman blocks thousands of people and uses filters to hide the most extreme messages. She also reports the most egregious messages to Twitter, although she says the platform rarely takes action.
Twitter did not immediately respond for comment. The company says on its site that it does not permit targeted harassment or intimidation that could make people afraid to speak up. And it says it does not tolerate violent threats.
Musk has called himself a“free-speech absolutist.” In tweets to his 85 million followers since Twitter accepted his $44 billion offer on Monday, Musk has made clear that he intends to regulate content with a much lighter touch, and that he isn’t too concerned by the groundswell of criticism that it is likely to fuel harmful content.
“The extreme antibody reaction from those who fear free speech says it all,” Musk tweeted Tuesday.
Playful, aggressive and often juvenile, Musk’s tweets show how he has used social media to craft his public image as a brash billionaire unafraid to offend. They may also reveal clues as to how Musk will govern the platform he hopes to own.
On Tuesday, Musk aimed criticism at one of Twitter’s top lawyers involved in content-moderation decisions. That led some of his followers to direct racist and misogynistic comments at the lawyer, Vijaya Gadde, who was born in India and immigrated to the U.S. as a child.
The uproar engulfing Twitter echoes what other social media companies have experienced in the recent past. When Facebook was slow to act to remove then-President Donald Trump from the platform for his role in the Jan. 6 insurrection at the Capitol, users called for a boycott, but there was no mass exodus.
Even when fed-up users do leave a social media platform, there’s typically a stream of new users that come in right behind them. It’s not the angriest users who leave, experts say, but those who simply find no use for the platform.
While polls show all types of people are susceptible to online harassment, extensive research has shown that women and people of color are far more likely to be targeted, something Twitter itself acknowledges. That targeting is also true for people with disabilities, people who belong to religious minorities and members of the LGBTQ community.
Michael Kleinman, who has studied online harassment for Amnesty International, said if Twitter allows more hateful and abusive speech, marginalized people who get attacked are likely to express themselves less.
“No one feels safe in a public square where as soon as you speak, a hostile mob screaming obscenities descends upon you. That’s no longer a public square. That’s an arena,” Kleinman said.
Brianna Wu understands that arena as well as anybody.
She has received sexual-assault and death threats on Twitter since 2014, when she created a video game, Revolution 60, that featured women as protagonists. The harassment was part of a larger online campaign targeting female game developers that became known as GamerGate.
Wu has since worked closely with Twitter’s trust and safety team to improve the platform. She said “it terrifies me” to hear Musk talk about rolling back – if not completely wiping away – these efforts.
“We fought very, very hard to improve the platform for women, for LGBTQ people and people of color,” said Wu, who is white and identifies as bisexual.
But Wu has no plans to leave Twitter, which she – a former candidate for Congress in Massachusetts – relies on for personal and professional relationships. “I’ve developed life-long friends on Twitter. I think it’s really sad that to get that human connection I’m going to have to deal with harassment again that damages and deadens your humanity.”
Not everyone is dead set on staying. Comic book writer Kelly Sue DeConnick, who has faced harassment as an advocate for gender equity in the entertainment industry, said she’ll wait to see what changes Musk makes before deciding.
“If this just becomes a place where people scream at each other and call each other names and wish one another ill, I’m out,” DeConnick said.
Bridget Todd, a spokeswoman for UltraViolet, an organization that advocates against discrimination in all forms, said that even though Twitter has managed to reduce harassment on its platform in recent years, she doesn’t use it as much as she once did.
Todd said she is deeply worried about Musk guiding the company to eliminate the protections it does have – which she considers inadequate. But she doesn’t intend to leave the platform.
“Our voices are so powerful on platforms like Twitter,” she said. “I don’t necessarily think that this signals the end of that, because I know our voices can really endure.”
Evan Feeney, campaign director for Color of Change, an online racial justice organization that works to improve the lives of Black people in the United States, called Musk’s push to relax content standards on Twitter “an alarming development.” He predicted more coordinated attacks on Black people, particularly Black women.
“It is never good when a single billionaire who purposely conflates freedom to harm with freedom of speech controls one of the (largest) social media platforms in the world,” Feeney said. “We’ve spent years pushing Twitter to implement polices we think have made the platform better. It’s alarming that with a flip of a switch those could be rolled back.”
Harassment on Twitter also spills over into the real world, and it highlights just how much victims sometimes are forced to put up with.
Bracey Sherman says people have placed stickers of racist symbols, including swastikas and monkeys, on her potted plants and the front door of her home. It is why she bristles at those who extol limitless free speech, and who suggest she should just toughen up and ignore it.
“What am I supposed to be able to handle?” she asked. “The fact that you are sending me photos of Nazis and telling me I should be raped over and over and over again?”
___
Associated Press writer Todd Richmond contributed to this report from Madison, Wisconsin, and Haleluya Hadero contributed from New York. Funk reported from Omaha, Nebraska. | https://cw33.com/business/ap-business/twitter-abuse-victims-fear-musks-plans-but-may-not-quit/ | 2022-04-28T18:59:34Z |
NEW YORK, June 28, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Yext, Inc. (NYSE: YEXT) alleging that the Company violated federal securities laws.
Class Period: March 4, 2021 to March 8, 2022
Lead Plaintiff Deadline: August 16, 2022
No obligation or cost to you.
Learn more about your recoverable losses in YEXT:
https://www.kleinstocklaw.com/pslra-1/yext-lawsuit?id=29228&from=4
Yext, Inc. NEWS - YEXT NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Yext, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Yext's revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Yext you have until August 16, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Yext securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the YEXT lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/yext-lawsuit?id=29228&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/06/28/yext-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-16-2022-class-action-filed-behalf-yext-inc-shareholders/ | 2022-06-28T11:22:59Z |
CHARLOTTE, N.C., Aug. 30, 2022 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it will invest $200 million over a 5-year period in mill modernization projects at its Nucor Steel Berkeley division located in Huger, South Carolina. Pending permit and regulatory approvals, a portion of the capital investment will include the construction of a new air separation unit ("ASU") for the purpose of supplying industrial gases for the mill's steelmaking operations.
When complete, the ASU will be operated by UIG LLC, a Nucor wholly owned subsidiary, that specializes in industrial gas supply. Nucor Steel Berkeley is currently supplied with industrial gases under a long-term supply agreement. This project will allow Nucor through UIG to produce and supply all the gases needed for the steel mill from the new Nucor owned facility, both now and into the future.
"Nucor acquired UIG in 2019 so that we would have the capability to build and operate our own air separation units, giving us an alternative to long term service contracts with outside providers," said Mike Lee, Vice President and General Manager of Nucor Steel Berkeley. "We are proud of our company's long-time partnership with the State of South Carolina, and we are excited to continue to invest in the state where Nucor first began operating nearly 60 years ago."
The State of South Carolina provided the ASU project with a grant issued by the SC Department of Commerce Coordinating Council for Economic Development, as well as a grant from the state's utility provider, Santee Cooper. Nucor and Berkeley County also entered into a fee-in-lieu of tax agreement.
Nucor Steel Berkeley produces up to 3.5 million tons of flat-rolled sheet and structural steel per year for a myriad of industries, including agriculture, automotive and appliance, construction, energy generation and transmission, oil and gas, heavy equipment, infrastructure, and transportation. The facility employs approximately 1000 teammates.
About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; and (14) the impact of the COVID-19 pandemic and any variants of the virus. These and other factors are discussed in Nucor's regulatory filings with the Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2021. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.
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SOURCE Nucor Corporation | https://www.kxii.com/prnewswire/2022/08/30/nucor-add-air-separation-unit-its-south-carolina-sheet-beam-mill/ | 2022-08-30T13:24:24Z |
Joey Lawrence married his fiancée, actress Samantha Cope over the weekend.
The two tied the knot on Sunday in an outdoor ceremony in California.
"It just feels so right," Lawrence told People. "Life can be challenging at times, but when God gives you the right person, it's worth it."
The actor's brothers Matthew Lawrence and Andrew Lawrence and two daughters, Charleston and Liberty were in attendance.
Lawrence and Cope met in 2020 while co-starring in the Lifetime movie "My Husband's Secret Brother."
Lawrence also told the publication: "When you meet the right person, if you're lucky enough, it cuts to the chase so quick. I have somebody who is like-minded and has the same love language and we communicate the same way. That's super important. And I am so thankful."
Cope called the relationship "a safe place to be myself."
"He loves everything about me and celebrates all those weird quirks about me. I was so blessed to be in a position to receive that. Two weeks in, I was like, 'I will be with you forever,'" she told People.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/joey-lawrence-marries-samantha-cope-in-outdoor-ceremony/article_46ea909f-f3a0-5184-bc00-c32aa9481613.html | 2022-05-02T16:43:14Z |
NEWPORT NEWS, Va., April 20, 2022 /PRNewswire/ -- Certified Origins, a European-based company specializing in fresh and authentic extra virgin olive oil, will invest $25 million to establish its first U.S. bottling facility in the City of Newport News in the state of Virginia. As the governor of Virginia, Glenn Youngkin announced, the new facility will create 30 new jobs:
"The Port of Virginia's strategic investments and transportation infrastructure enable international businesses to easily import, export and distribute their products, making the Commonwealth a prime launch point into the U.S. market … and we are proud to welcome Certified Origins to Virginia."
"The state of Virginia has an outstanding port, which is a key part of our logistics chain," said Certified Origins Managing Director Nacho Nuez. "Having a high-volume, efficient, and state-of-the-art port was a key deciding factor for the location…we can easily ship to distribution centers by truck or rail from our manufacturing facility or from the port. The Hampton Roads area has a large pool of skilled workers that we feel would be an ideal fit for our state-of-the-art facility. The area is also very attractive to potential new employees for its reasonable cost of living, activities, and proximity to Washington, D.C. and the Outer Banks."
This decision comes from the need to meet the increasing demand for healthy ingredients in the USA and Canada and our intention to mitigate the economic and environmental impact of freight in our supply chain.
"Reducing CO2 generation on maritime transport aligns with what we believe in Certified Origins. We believe it will bring economic savings on logistics costs to our customers and help the environment simultaneously." Says Giovanni Quaratesi, Director of Sales and Business Development. "We are very attentive to sustainability, and that is why we also use recycled raw materials and continuously invest in research and alternative packaging solutions."
Certified Origins has a strong culture and history of prioritizing sustainability, with other initiatives implemented across their various global facilities including zero-waste policies and solar panels for renewable energy.
Blockchain traceability technology investment, through Oracle, goes hand-in-hand with their sustainability strategy. It enables them to track their goods for operational and supply chain efficiency, food waste reduction, and support rural economies and biodiversity at the source.
CONTACT: info@certifiedorigins.com
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SOURCE Certified Origins | https://www.wibw.com/prnewswire/2022/04/20/certified-origins-25m-investment-sustainable-olive-oil-production-virginia/ | 2022-04-20T20:32:36Z |
DENVER, June 1, 2022 /PRNewswire/ -- Ping Identity Holding Corp. (NYSE: PING) ("Ping Identity"), the Intelligent Identity solution for the enterprise, today announced that it will present and/or host meetings at the following technology and industry conferences. Details for each event are as follows (all times listed in ET):
William Blair 42nd Annual Growth Stock Conference
Bank of America Securities 2022 Global Technology Conference
Mizuho 4th Annual Cybersecurity Summit
For events with presentation times listed, each will be available via live audio webcast and archived replay on Ping Identity's investor relations website at http://investor.pingidentity.com.
About Ping Identity
Ping Identity delivers intelligent identity solutions for the enterprise. We enable companies to achieve Zero Trust identity-defined security and more personalized, streamlined user experiences. The PingOne Cloud Platform provides customers, workforce, and partners with access to cloud, mobile, SaaS and on-premises applications across the hybrid enterprise. Over half of the Fortune 100 choose us for our identity expertise, open standards, and partnerships with companies including Microsoft and Amazon. We provide flexible identity solutions that accelerate digital business initiatives, delight customers, and secure the enterprise through multi-factor authentication, single sign-on, access management, intelligent API security, directory, and data governance capabilities. For more information, visit www.pingidentity.com.
Contacts
Investor Relations Contact:
David Banks
investor@pingidentity.com
303.396.6200
Media Contact:
Megan Johnson
press@pingidentity.com
757.635.2807
Follow Us on Twitter: @PingIdentity
Join us on LinkedIn: Ping Identity
Subscribe to our YouTube Channel: PingIdentityTV
Like Us on Facebook: PingIdentityPage
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SOURCE Ping Identity Corp. | https://www.kxii.com/prnewswire/2022/06/01/ping-identity-participate-upcoming-investor-conferences/ | 2022-06-01T21:47:08Z |
Anjuna makes Confidential Computing simple and practical, enabling trust in the public cloud by locking-down data, applications, encryption keys, blockchain and MPC
PALO ALTO, Calif., June 16, 2022 /PRNewswire/ -- Anjuna Security Inc., the Confidential Computing software company, today announced that the Globee® Awards, organizers of the world's premier business awards programs and business ranking lists, has named the Anjuna®, a Grand Trophy winner in the Annual 2022 Disruptor Company Awards. These prestigious global awards recognize disruptive technologies and innovative solutions transforming consumer experiences everywhere.
Anjuna Confidential Computing software enables organizations to utilize the widely deployed hardware security features in public cloud infrastructure—including AWS, Azure, and others—transparently and without needing to modify applications or IT processes. The solution closes the remaining gap in the public cloud by locking down data, applications, digital assets and private encryption keys during runtime, where they would otherwise be potentially exposed to insiders or attackers. The runtime encryption can seamlessly extend to storage and transmission across all cloud and on-premises data centers, providing end-to-end data and asset security.
"We are proud to be recognized as a disruptor with our Confidential Computing Software solution being named a Grand Trophy winner by the Globee Awards," said Ayal Yogev, co-founder and CEO of Anjuna. "With the rise of digital assets and the growth of blockchain, MPC and proprietary AI algorithms, organizations must close the remaining encryption gap to make public cloud computing completely safe. Anjuna makes complete cloud lock-down practical for any organization."
Judges from around the world representing a broad spectrum of industry experts participated in the judging process.
"The new era of disruptive innovations is here. Disruptive products, services, technologies and solutions are transforming consumer experiences everywhere while consumer and end-user needs are continuously evolving.," said San Madan, co-president of Globee Awards. "Legacy systems are not always fast enough to accept and respond to such needs."
Disruptors are companies that have the potential and competence to displace existing solutions, companies, and even entire industries. To be eligible to participate, a business must be a privately owned company operating for profit, independently owned and not a subsidiary, and located anywhere in the world.
Disruptors are highly persistent, mostly beginning from scratch without the constraints of traditionally accepted processes or business models. They use technology and modern tools to achieve end results. Disruptors do things differently and are not hindered by the existing ways of industry stalwarts. They are ready to take on an enormous challenge and find solutions for the biggest pain points customers experience.
See the complete list of 2022 winners here: https://globeeawards.com/disruptor/winners/
Stay posted and read success stories of organizations by subscribing to the Globee Newsletter: https://globeeawards.com/subscribe/
About the Globee Awards
Globee Awards are conferred in nine programs and competitions: the American Best in Business Awards, Business Excellence Awards, CEO World Awards®, Cyber Security Global Excellence Awards®, Disruptor Company Awards, Golden Bridge Awards®, Information Technology World Awards®, Sales, Marketing, Service, & Operations Excellence Awards, and Women World Awards®. Learn more about the Globee Awards at https://globeeawards.com
Subscribe to the Globee weekly Newsletter: https://globeeawards.com/subscribe/
Subscribe to Globee Awards YouTube channel
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twitter @globeeawards #globeeawards #disruptorcompanyawards
About Anjuna
Anjuna Security makes the public cloud secure for business. Software from Anjuna Security effortlessly enables enterprises to safely run even their most sensitive workloads in the public cloud. Unlike complex perimeter security solutions easily breached by insiders and malicious code, Anjuna leverages the strongest hardware-based secure computing technologies available to make the public cloud the safest computing resource available anywhere. Anjuna is based in Palo Alto, California.
To learn more, go to anjuna.io or experience a free trial.
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SOURCE Anjuna Security, Inc | https://www.mysuncoast.com/prnewswire/2022/06/16/anjuna-wins-globee-2022-disruptor-company-awards/ | 2022-06-16T14:12:46Z |
Things to do: Canton First Friday with '90s music, 'Peter Pan Jr.,' 'Ghost: The Musical'
First Friday in downtown Canton
A new outdoor season of First Friday kicks off for May in downtown Canton.
Hours are 5 to 9 p.m.
Fool House, a '90s music party band, will perform at Centennial Plaza at 6:30 p.m.
Also scheduled to perform on the Centennial Plaza stage will be a Canton Symphony Orchestra trio and Vox Audio.
Vendors and food trucks also will be featured during First Friday.
Other attractions include family-friendly activities and oversized games. Make-and-take crafts will be available in the Arts District.
New gathering areas, including custom-designed tables, also will be part of First Friday, according to a release from ArtsinStark, which coordinates the event.
Canton Ceramic Artists Guild sale
The Canton Ceramic Artists Guild will host its annual spring sale from 10 a.m. to 8 p.m. Friday and 10 a.m. to 2 p.m. Saturday at the Canton Museum of Art.
The event will include work from 13 master potters and ceramic artists, along with functional stoneware, sculpture, wall pieces and raku.
A portion of sale proceeds will benefit the museum’s Ceramic Education Program, helping to purchase additional pottery shop equipment and sponsor workshops for local artists, while also purchasing ceramic artwork for the museum's permanent collection, a news release said.
Each participating potter is donating six or more handmade bowls for the Empty Bowls for Hunger project, with all proceeds donated to the Stark County Hunger Task Force.
Admission to the sale is free, and admission to the Canton Museum of Art's spring/summer exhibits also will be free from 10 a.m. to 8 p.m. Friday.
Peter Pan Jr. at Palace Theatre
St. Paul Catholic School in North Canton will present "Peter Pan Jr." at 7 p.m. Thursday and Friday at Canton Palace Theatre.
"Peter Pan Jr." is being directed by Lisa Knight and Taylor Bond. The show will be performed by the St. Paul Theatre Company.
This production follows a two-year hiatus for the program with a cast of more than 50 students.
The Indiana-based "Flying by Troy" has been hired to train and assist some of the children with incorporating flight scenes into the play.
Doors open at 6 p.m. and each performance begins at 7 p.m. Admission is $10 per person. Tickets can be purchased in advance at https://www.etix.com/ticket/o/9073/stpaulschool or at the door starting at 6 p.m. on Thursday and Friday.
The Palace Theatre is at 605 Market Ave. N in downtown Canton.
'Ghost' the musical opens in Canton this weekend
The Players Guild Theatre will present the stage version of "Ghost" starting this weekend.
"Ghost: The Musical" opens with performances at 7:30 p.m. on Friday and Saturday and a 2 p.m. showing Sunday. Single tickets are $34. Children age 17 and younger are $27 and seniors are $31.
Tickets can be purchased online through the theatre www.playersguildtheatre.com/ghost. The box office can be reached at 330-453-7617.
Follow-up performances will be at 7:30 p.m. on Fridays and Saturdays and at 2 p.m. on Sundays on May 13, 14 and 15 and on May 20, 21 and 22.
The cast includes Jordan Potter as Sam Wheat; Kayla Lehman as Molly Jensen; Ashley Kendall as Oda Mae Brown; and Mike Burke as Carl Bruner.
The 1990 hit movie starred Demi Moore, Whoopi Goldberg and Patrick Swayze.
Set in modern-day New York City, the musical "is a poignant romance that builds comedy, suspense and deeply felt emotion, all while celebrating the supernatural power of love," the Players Guild Theatre said in promoting the performances.
Spring Fling fundraiser for Montessori
Canton Montessori School will hold a "Spring Fling Fundraiser: Trivia Night" from 7 to 10 p.m. Saturday at the Canton Palace Theatre.
For more information and to purchase tickets, visit https://cbo.io/bidapp/index.php?slug=cantonmontessori.
New art exhibits at Strauss Studios
New art exhibits will open at 6 p.m. Friday at Strauss Studios in downtown Canton featuring textile work and nature-inspired oil paintings.
The work of Stephen Tornero and Leanna Marie Cosgrove will be displayed in the Upstairs Gallery at Strauss Studios, 236 Walnut Ave. NE.
Tornero has previously exhibited his work at the Massillon Museum and elsewhere. This will be Cosgrove's debut exhibition.
Tornero works in textiles, weaving his work on a digital loom. Cosgrove's canvas paintings are inspired by her love of nature.
Tornero was named the 2022 art educator of the year in Stark County by the Canton Symphony Orchestra. Tornero is a visual art teacher at Oakwood Middle School, part of Plain Local Schools.
Cosgrove received a degree in digital media and design from Baldwin Wallace University in 2020. In addition to graphic design work, she's a self-taught oil painter.
'Golden Girls' tribute show in Massillon
Spotlight Entertainment will present a "Golden Girls" tribute show at 7:30 p.m. on May 14 at Lions Lincoln Theatre in downtown Massillon.
Actors will portray the iconic characters of Dorothy, Rose, Blanche and Sophia. Denise Robb, Melissa Day, Kathy Lewis and Jenny Shaw Kessler will play the title roles in the comedy show, which includes material based on three of the popular television show's most famous episodes.
The show finishes with a murder mystery twist.
VIP tickets are $30; main floor tickets are $25; and balcony and wheelchair accessible seating is $20.
Tickets can be purchased online at www.lionslincolntheatre.org/. To purchase tickets by phone, call 330-481-9105. | https://www.cantonrep.com/story/entertainment/2022/05/05/canton-first-friday-90-s-music-peter-pan-jr-ceramic-art-sale/9590381002/ | 2022-05-05T13:12:53Z |
Nine volunteer drivers on rescue mission to Mariupol detained by Russian forces, aid group says
By Jake Tapper, Anchor and Chief Washington Correspondent
Nine drivers working for “Help People,” a Ukrainian volunteer group that provides food and medicine for those in need and assists in evacuations, were detained by the Russian military and remain missing, a group official told CNN.
A total of 10 minibus drivers had driven into the Donbas region to help evacuate civilians from the besieged city of Mariupol, operating private vehicles in a low-profile rescue mission. Russian soldiers stopped them and tried to get them to drive the buses into Russia. When the drivers refused, they were taken prisoner, said Alex Voronin, the head of the non-government organization.
Voronin told CNN he had lost contact with all the drivers but one.
“All of them carried out the evacuation of people in the direction of Mariupol-Zaporizhzhia, they were sent on their trips on different dates – March 26, 27 and 31,” Voronin told CNN. “Communication with them broke off the next day after departure. According to the people they managed to evacuate, the Russian military took the vehicles with people in Mariupol from the drivers, the evacuees were taken to the village of Nikolske, the drivers themselves were taken away for identification. Some of them are being held in pre-trial detention centers in Donetsk.”
One of the 10 drivers was released, Voronin told CNN, and from him “we know that three of the missing are in Donetsk. They were interrogated with brute force, fed poorly and kept in appalling conditions. All the rest were told they have the right to keep [in detention] up to 30 days.”
CNN cannot independently verify the whereabouts of the drivers or the conditions under which they are being held. Voronin said drivers left the Ukrainian-held city of Zaporizhzhia and did not drive in a single convoy.
The city of Mariupol has been devastated by weeks of shelling and is ringed by Russian checkpoints. On Monday, Ukraine’s President Volodymyr Zelensky addressed South Korean lawmakers, saying he believes there are tens of thousands dead in the southern port city.
“The occupiers blocked it and did not even allow food and water to be brought there. They tried to capture it in the most brutal way – just to destroy everything in the city,” he said.
Ukrainian officials have said around 100,000 people still require evacuation from the city but say Russian forces have not allowed convoys of evacuation buses to reach the city. Adding to the humanitarian crisis, US and Ukrainian officials and humanitarian watchdogs say Russian and separatist troops are forcing tens of thousands of civilians into so-called “filtration centers” in the self-proclaimed Donetsk People’s Republic before moving them into Russian territory.
Voronin’s group was formed at the beginning of the war, on February 24, in Ukraine, to help evacuate Ukrainians. He says his group — one of many that sprang up in the days since the Russian invasion — has “evacuated more than 2,000 people, children, the disabled and the wounded, and delivered more than 200 tons of food, humanitarian aid and medicine to the same locations where we are evacuating people.”
Voronin says he does not even know who on the Russian side he can talk to in order to secure the release of his drivers. CNN has not been able to verify the whereabouts of the drivers amid the fog of war and confusion in the frontlines and is reporting this at the request of the aid group in the hopes that bringing attention to the story will bring protection of some sort to the missing drivers.
CNN has requested comment from Ukrainian officials overseeing the negotiation of humanitarian evacuation corridors in Ukraine.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2022/04/11/nine-volunteer-drivers-on-rescue-mission-to-mariupol-detained-by-russian-forces-aid-group-says-2/ | 2022-04-11T16:07:20Z |
Phylum manages the risk of using untrusted, open-source libraries; enables security teams and developers to innovate at speed
EVERGREEN, Colo., May 3, 2022 /PRNewswire/ -- Today, Phylum announces $15 million in Series A funding. The round is led by ClearSky, with contributions from Atlassian Ventures, SixThirty Ventures, First In™ and TechOperators.
"It is incredibly validating to have ClearSky and Atlassian join our mission to defend the open-source ecosystem so organizations can continue to leverage the benefits of open-source software securely and efficiently," said Peter Morgan, co-founder and president of Phylum.
Phylum was founded in 2020 by Aaron Bray, Louis Lang and Peter Morgan, who are all career security researchers and developers with an accomplished history in cyber offense. Experienced in both commercial and government sectors, the team observed the rise in open-source usage and associated risk in the software supply chain, and created Phylum to combat the threats that continue to go unaddressed using traditional methods.
"The explosion in supply chain component compromise has highlighted the need to expand focus beyond known software vulnerabilities. Development and security teams need proactive risk management tools that enable them to identify compromised packages before they are included in mission-critical applications. At ClearSky, we are proud to support Phylum's mission to reshape the space of open-source risk management," said Patrick Heim, Partner and CISO at ClearSky.
Modern software development requires advances beyond software vulnerabilities
Open-source software has enabled developers to accelerate release schedules. DevOps processes assist developers through standards enforcement, testing and build automation. This combination enables automated use of untrusted software via dependencies from unknown authors on the Internet, increasing the security teams' burden to manage risk at the same pace. Recent attacks have shown that we can no longer solely rely on software composition analysis products that are focused on software vulnerabilities in order to defend the complete attack surface of the open-source software supply chain.
Phylum automates the entire process of identifying packages, analyzing the supply chain risk, and categorizing these risks into all five domains: Malicious Code, Vulnerability, License, Author, and Engineering risk. Phylum ingests and analyzes each package as it is published into a package registry, and automates risk analysis and malware detection to convict malicious packages with an average time of 11 minutes. This approach enables the classification and removal of hundreds of unidentified malicious packages and their respective authors, per month.
With the Series A investment and the recent hire of Patrick Sheehan as Chief Revenue Officer, the company plans to grow its go-to-market team and continue the invention of new heuristics and machine learning models to proactively identify risk in open-source packages. With the recent release of version 2.0 of the platform, Phylum's clients continue to bolster their DevSecOps missions.
"Phylum's solution helps technology teams battle the growing number of threats from the software supply chain. We are excited to witness the impact Phylum will have for our 200,000+ Atlassian cloud customers, empowering their teams to focus on the work they love instead of combating security vulnerabilities. Having Phylum in the Atlassian Ventures family is a huge win for development teams everywhere," said Matt Sonefeldt, head of Atlassian Ventures.
Click here to learn more about Phylum and its platform or book a time to chat with us here.
About Phylum
Phylum's mission is to secure the universe of code, starting with the open-source supply chain. With a team of career security researchers and developers with decades of experience in U.S. Intelligence community and commercial sectors, we leverage an offensive-security mindset that enables the best defensive products for our customers. Learn more at https://phylum.io/, read our blog, and follow us on LinkedIn and Twitter.
Media contact: press@phylum.io
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SOURCE Phylum | https://www.mysuncoast.com/prnewswire/2022/05/03/phylum-raises-15-million-proactively-defend-open-source-supply-chain/ | 2022-05-03T12:21:44Z |
The Experia Green Tourer Crossover Electric Motorcycle Provides Performance, Comfort, Styling and Features of a Traditional Sport-Touring Bike with the Longest Range of Any Electric Motorcycle
- Experia unveiled during FIM MotoE World Cup race in Mugello, Italy
- Experia offers the longest range at 261 city miles / 130 highway miles with the fastest charging time of any electric motorcycle on the market
- Experia continues Energica's record as the only electric motorcycle manufacturer offering riders all three levels of charging
MODENA, Italy and NEW YORK, May 31, 2022 /PRNewswire/ -- PRNewswire – Energica Motor Company S.p.A., a subsidiary of Ideanomics (NASDAQ: IDEX) and a pioneering Italian manufacturer and distributor of high-performance, 100% battery-powered, highly stylized electric motorcycles, today announced the launch of its newest electric motorcycle in the company's line-up, the Energica Experia. Experia, a Green Tourer, delivers on the company's vision of comfort and endurance and is the most nimble and maneuverable machine Energica has ever made, allowing riders to tap into their wanderlust by offering the longest range of any electric motorcycle on the market.
Built from the ground up on a new platform with a new frame, steering, fairing and more, Experia offers an exciting riding experience no matter where your route takes you, with the thrills of a sportbike and the comfort of a traditional touring bike. Both the rider and the passenger will share an exhilarating riding experience without sacrificing supreme comfort. Experia is the fourth all-electric motorcycle based on the company's Italian racing heritage in Energica's award-winning line-up. Experia is currently in manufacturing and is expected to be delivered to dealers in the U.S. by this fall.
With more than 10 years of experience in the electric motorcycle industry, Energica's technical team has proven experience creating racing-quality motorcycles with no emissions. Energica's no-emission EV technology combined with the pedigree of high-performance mobility synonymous with Italy's Motor Valley delivers a range of exceptional products for the high-performance motorcycle market. In addition, Energica has developed a proprietary EV battery and DC fast charging in-house. Energica has spent 10 years developing its electric motorcycle powertrains, with much of the advanced technology developed in part due to Energica's presence on the race track.
Experia now brings Energica's innovative spirit into an entirely new segment of riding. To counter the additional bulk and, therefore weight required to provide the comfort expected of any touring platform, Energica has utilized new technologies to lower the mass and weight of the heaviest components. Battery, motor and frame are all redesigned. A new aerodynamic fairing maximizes not only weather and wind protection but range. The result is a Green Tourer: excellent rider and passenger comfort, the longest travel distance between charging sessions, and the shortest time to charge of all-electric motorcycles on the road today.
The Experia battery boasts a new internal RESS (Rechargeable Energy Storage System) geometry, adding capacity while centralizing mass. This provides a lower center of gravity to give the vehicle superior low-speed handling while still enjoying the largest battery capacity of any electric motorcycle currently on the market, at 22.5 kWh maximum that can be charged from 0-80% in just 40 minutes at a Level 3/DC Fast Charger. Riders also have the option to use Level 2 or 1 charging on the road or at home. These offerings confirm Energica as the only electric motorcycle manufacturer to offer riders all three levels of charging.
No longer a permanent magnet synchronous motor (PMSM) primarily based on internal permanent magnets, but instead Synchronous Reluctance assisted by permanent magnets. It is smaller and 10 kg. (22 lbs.) lighter than the Energica's EMCE motor of the other models, without any loss of performance thanks to even greater thermal efficiency. Water-cooled and oil-lubricated, it is lower in the chassis, improving handling at all speeds.
"We have focused on the real-world needs of motorcycle riders worldwide, creating an ex-novo state-of-the-art engineering platform," said Giampiero Testoni, CTO of Energica Motor Company. "We melded high-tech electric mobility with the roaming spirit of the motorcycle traveler. The intention was to create the first electric motorcycle created specifically for long-distance bike lovers. "
"It is Energica's intention to spread these technological innovations across a family of other electric motorcycles and additionally incorporate elements of these in Energica Inside, the recently launched business unit of Energica Motor Company S.p.A. dedicated to the development and production of powertrains, batteries and technology across numerous disciplines and applications."
The Energica Experia fairing provides excellent weather and wind protection while remaining stylish and unobtrusive. New voluminous hard side panniers and a top case with a total capacity of 112 liters will be included in the Launch Edition, designed for long-distance travel. The Launch Edition will also include bar ends and bolts in black ergal, heated handgrips and aluminum rims with red details.
Experia has two USP ports on the dash and two more in a waterproof large and lockable storage compartment. The accessories list will gradually grow and cover all the needs of all customers.
- Range: 420 km (261 miles) City / 256 km (160 miles) Combined / 208 km (130 miles) Extra-urban
- Battery capacity: 22.5 kWh Max. / 19.6 kWh Nominal
- Charging time: 0-80% in 40 minutes with a Level 3/DC Fast charger, compatible with all levels of charging
- Peak power: 75 kW (102 HP) Sustained: 60 kW (80 HP)
- Torque: 115 Nm (85 lb. ft.)
- Top speed: Limited at 180 km/h (112 mph)
- 7 Riding Modes: Eco, Urban, Rain, Sport, plus 3 Rider Customizable Modes
- Regenerative Braking: High, Medium, Low, Off
- Traction Control: Six levels of intervention combined with the existing eABS and the Cornering Bosch 9.3 MP
- Motor: EMCE Permanent Magnet Assisted Synchronous Reluctance Motor (PMASynRM)
The bike can be ordered from the 1st of June 2022 at all Energica stores worldwide and will be available in autumn 2022. For pricing, please refer to energicamotor.com.
Between 2020 and 2030, the electric motorbike market is projected to have a compound annual growth rate of 7.4%, reaching 30.5 billion USD in 2030, according to Statistica. The Global Electric Motorcycle Market was valued at $1930.64 million in 2020 and is anticipated to grow with a CAGR of 19.36% in the forecast period, 2022-2026, to reach $6220.82 million by 2026. Energica is uniquely poised to increase its market share in the US and across Europe, its lineup of premium electric motorcycles has more power, torque and range than all current competitors, with a competitive price point.
Since being acquired by Ideanomics, Energica has doubled its US dealers and has 93 dealers in the rest of the world. This spring, Energica also announced the launch of its Energica Inside Program. Energica Inside is a business unit developed within the company that is designed to help other motorcycle manufacturers speed up their own electric vehicle development through the use of Energica's proprietary tech.
Energica Motor Company S.p.A. is the world's leading manufacturer of high-performance electric motorcycles and the sole manufacturer for the FIM Enel MotoE™ World Cup. Energica motorcycles are currently on sale through the official network of dealers and importers.
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com.
# # #
Contacts:
Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
ir@ideanomics.com
Malory Van Guilder, Skyya PR for Ideanomics
malory@skyya.com
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SOURCE Ideanomics | https://www.kxii.com/prnewswire/2022/05/31/energica-unveils-experia-all-new-fully-electric-motorcycle-that-gives-ultimate-long-distance-riding-experience/ | 2022-05-31T10:42:58Z |
Registration opens for state Water Conference, nominations open for awards
TOPEKA, Kan. (WIBW) - Registration for the Governor’s Water Conference has opened, as well as nominations for two awards.
The Kansas Water Office says on Friday, Aug. 5, registration for the 2022 Governor’s Conference on the Future of Water in Kansas is now open. It said the conference will be held on Wednesday, Nov. 16, and Thursday, Nov. 17.
The KWO noted that conference topics include:
- Surface and Groundwater Issues
- Emerging Issues and Research
- Education and Outreach
The Office indicated that it is also accepting nominations for the Water Legacy Award and the Success Stories recognition.
KWO said the Water Legacy Award honoree is chosen based on significant contributions and lasting impacts on the future of water in the Sunflower State.
The Office said the previous Be the Vision awards have been modernized in 2022 and are now known as Success Stories. It said this recognition will feature individuals, municipalities, companies or organizations which take extraordinary measures to conserve, reuse or adopt better practices to help ensure the future of Kansas’ water resources.
The KWO indicated that the deadline for nominations for both awards is Sept. 1.
For more information and a tentative conference agenda, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/06/registration-opens-state-water-conference-nominations-open-awards/ | 2022-08-06T20:24:26Z |
LONDON, May 17, 2022 /PRNewswire/ -- Orion Haus, the industry-leading multifamily Prop-Tech platform that allows renters to monetize their apartments and apartment buildings to maximize profitability, and Vrbo, which is owned by the Expedia Group, Inc. with more than 2 million properties in over 190 countries, have been named as Headline Sponsors of The Shortyz awards on May 18, 2022.
Hosted by International Hospitality Media [IHM], the publisher of ShortTermRentalz, The Shortyz awards brings leading hospitality experts from around the globe to celebrate the successes and best practices of elite professionals in the short-term rental business. The event will be held at The Skyline London and will honor award recipients in several categories including best booking platform, best property management system and most effective use of social media.
"We are thrilled to support The Shortyz, the only awards ceremony recognizing the innovation and strides made in the short-term rental market. Orion Haus is proud to help celebrate the ongoing revolution in the way people think about short-term rentals," said Kanan F. Whited IV, Co-Founder of Orion Haus.
For this year's Shortyz awards, the category of "Best Mobile Rental Accommodation Company" is presented by Orion Haus Co-Founder and CEO Cindy Diffenderfer and the "Rising Star" award, given to a "promising individual with a bright future" is being presented by Vrbo.
About Orion Haus
Orion Haus is a vertically integrated Prop-Tech software & operations platform focused on increasing profitability in multifamily portfolios by combining the stability of long-term rentals with the short-term rental market. Orion Haus was founded in 2020 as one of the only Prop-Tech platforms servicing this unique combination of LTR and STR. Orion Haus is ambitiously investing in its SAAS platform to make it far more profitable and seamless for owners and renters, and making the guest experience more enjoyable and secure. For more information visit www.orionhaus.com or contact pr@orionhaus.com.
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SOURCE Orion Haus | https://www.mysuncoast.com/prnewswire/2022/05/17/orion-haus-vrbo-announced-with-beyond-pricing-headline-sponsors-london-based-short-term-hospitality-awards-shortyz/ | 2022-05-17T19:10:49Z |
Which Nvidia 3000-series graphics cards are best?
The year is 2020. A crippling pandemic grips the world, rendering millions of Americans scarcely able to leave their homes. With nowhere to go, countless bored remote workers turn to interactive digital entertainment to escape from reality by building gaming PCs. The groundbreaking Nvidia RTX 2000-series graphics cards have been overpriced for years, but there’s a glimmer of hope on the horizon: the upcoming RTX 3000 series.
You awake like a child on Christmas on that fateful, chilly autumn release date. Logging onto your favorite online retailer, you move to reserve your new, godlike, RGB-encrusted graphics processing unit. Instead, you find a horror story that would prove to last for months — or years.
The brand-new graphics cards are all sold out.
In good news for consumers, the scourge of scammers charging $1,000 for entry-level graphics cards is now over in 2022. In a less fortunate development, GPU costs may never return to the now unimaginably low prices of the seminal GTX 1000 series. At least now, GPUs are readily available from reputable online retailers and manufacturers without the worry and hassle of unlicensed, third-party vendors.
Why are graphics cards so expensive?
There are many contributing factors, but they all fundamentally come down to supply and demand. PC gaming was a relatively niche hobby for most of its history. It took a significant amount of expertise to get the most out of the experience. Selecting the right hardware and configuring it and the software for peak performance and stability wasn’t always a plug-and-play scenario.
That’s changed dramatically over the last several years as operating systems became more streamlined and hardware more user-friendly. A massive wave of mainstream popularity via international tournaments, professional esports investment and live streaming celebrities didn’t hurt either. Even before the COVID-19 pandemic confined so many to their homes, the industry was already primed for a hardware shortage.
Once lockdowns started, the entire worldwide supply chain ground to a halt. Microchip manufacturing was among the many industries hit hard. With almost no one to supply raw materials, operate the foundries, repair the equipment and ship the products, graphics card availability dried up. When you could find a recently released model, it usually came from a shady third-party scalper.
Thankfully (for many reasons), it’s not 2020 anymore. Graphics cards aren’t exactly cheap — and may never be again — but you can, finally, get one at a less-than-exorbitant price from a reputable online vendor.
How to choose an Nvidia RTX 3000 graphics card
There are basically four tiers of consumer-focused Nvidia GPUs: the 3050, 3060, 3070 and 3080. The top three of those offer slightly upgraded models that bear the “Ti” mark. Most people can safely ignore the prohibitively expensive RTX 3090, which Nvidia essentially created just to show off.
RTX 3050
For some perspective, the RTX 3050 desktop GPU is roughly as good for 1080p gaming as the GTX 780 Ti, which was first released in February 2013. With that in mind, the RTX 3050 is the best new card for Full HD gameplay, but it’s not worth upgrading if you already have a high-end GTX 1000 or midrange RTX 2000 GPU.
On the other hand, if you’re building a low-cost gaming rig from scratch, the RTX 3050 is the only graphics card today that you could call anywhere near affordable. As long as you temper your expectations in terms of resolution and frame rate, it can be an effective and economical choice.
RTX 3060 and 3060 Ti
This is the most popular RTX 3000 graphics card. It delivers significantly better performance than the RTX 3050 and doesn’t cost a fortune. It’s excellent for 1080p resolutions in newer titles and 1440p settings in older ones. As long as you’re not trying to play in 4K, a 3060 — and especially a 3060 Ti — should satisfy your needs.
RTX 3070 and 3070 Ti
For demanding gamers, the 3070 represents the best price-to-performance proposition. It excels at 1440p resolutions and high frame rates and can hold its own at 4K in many games. It’s not cheap by any means, but it’s an investment that should pay off for years.
RTX 3080 and 3080 Ti
Graphics cards built around these high-end chipsets are extremely expensive, fetching prices of over $1,000 on a regular basis. If you demand peak performance, these are the way to go. Like with the 3070 and 3070 Ti, it’s debatable whether the minor performance boost of the Ti version is worth the increased price. Nonetheless, they don’t get much faster than the 3080 Ti.
Will graphics card prices ever go back to normal?
As painful as it may be to hear, it’s very likely that current prices are pretty much the new normal. Manufacturing GPUs is an exacting process that requires significant resources and sees limited yield at the highest levels of graphics card performance. Plus, demand probably isn’t going down anytime soon. The result is that graphics cards will remain the most expensive gaming PC component for the foreseeable future.
Which graphics card brand is best?
That’s an extremely tough question. One indication is a company’s warranty quality and the ease of its return merchandise authorization, or RMA, process. Many big-name manufacturers offer transferable warranties, for example, that take the stress out of buying a secondhand card and help keep the resale value high. Keep in mind that warranty terms differ greatly between manufacturers, and individual companies change their own terms from time to time.
As far as warranties and RMA simplicity, EVGA takes the cake across the board. You’ll find countless real-world accounts of how lenient EVGA’s warranty policies are and how easy the RMA process is. Other brands that receive frequent praise are Gigabyte, Asus and, to an extent, MSI. Make sure to carefully review any GPU’s warranty terms before purchasing for clauses, such as manufacture vs. purchase date coverage and whether overclocking voids the warranty.
Best available RTX 3000-series GPUs
EVGA GeForce RTX 3070 FTW3 Ultra Gaming
This one performs admirably at high refresh rates and 1440p resolutions, which many gamers consider the sweet spot.
Sold by Amazon
If you have an advanced CPU and PSU and want to future-proof your system, this MSI option is a great choice.
Sold by Amazon
This relatively well-priced choice delivers excellent 1080p performance and can handle itself at 1440p in older titles.
Sold by Amazon
Gigabyte GeForce RTX 3050 Windforce Gaming OC
While it won’t win any awards for performance, it is good for Full HD gaming and even resembles something affordable.
Sold by Amazon
Zotac GeForce RTX 3070 Twin Edge OC
Zotac is relatively well-known for compact GPUs such as this one, which is good for compact builds using the Micro-ATX or even Mini ITX motherboard formats.
Sold by Amazon
Asus ROG Strix NVIDIA GeForce RTX 3060 V2 OC
It performs noticeably better than the RTX 3050 at a price that’s not terrible.
Sold by Amazon
EVGA GeForce RTX 3080 12GB FTW3 Ultra Gaming
It’s likely that this one’s overkill for most people. But it’s a guarantee that you’ll get just about the best performance possible in today’s PC gaming environment.
Sold by Amazon
MSI RTX 3080 Ti Ventus 3X 12G OC
The modest performance increase of this version versus the non-Ti model might not be worth the significantly increased price. The bragging rights, however, might be.
Sold by Amazon
Zotac RTX 3060 Ti Twin Edge OC
This model is incredibly popular because it’s one of the most cost-effective options from a reputable manufacturer.
Sold by Amazon
Gigabyte Aorus RTX 3070 Ti Master
This reasonably priced 3070 Ti is the perfect choice for 1440p gaming at 120 frames per second.
Sold by Amazon
EVGA GeForce RTX 3060 Ti XC Gaming
It’s great for high-frame-rate 1080p gaming and 1440p gameplay at 60 FPS, and it won’t break the bank.
Sold by Amazon
Zotac GeForce RTX 3070 Ti Trinity OC
As the factory-overclocked version of the powerful 3070 Ti chipset, you can rest assured it can withstand high temperatures and fast clock speeds without breaking a sweat.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/nvidia-3000-series-graphics-cards-now-cheaper-on-amazon-which-ones-right-for-you/ | 2022-05-31T08:04:41Z |
Acquisition to deepen Gravity's roots in the over $1.5 trillion wellness category1 with addition of MiHIGH to the range
NEW YORK, Aug. 15, 2022 /PRNewswire/ -- Win Brands Group ("Win"), an omnichannel retail platform that buys and builds category-defining brands, announced today its brand Gravity's acquisition of MiHIGH, a pioneer in the infrared sauna blanket space that has grown 29% YoY to date.
Since Win's acquisition of weighted blanket pioneer Gravity in 2021, the brand has doubled down on its commitment to creating science-backed wellness products with the introduction of portable weighted blankets for travel, 100% cooling weighted blankets for hot sleepers, and lounging slippers for relaxation. As consumers place an increased priority on wellness and broaden its definition beyond fitness and nutrition to include overall physical and mental health,2 the addition of MiHIGH to Gravity's offering will expand its positioning in the category. Further, the integration is emblematic of Win's philosophy of investing in and scaling its brands through strategic acquisitions.
MiHIGH was founded in 2020 by Australia-based Ed Hodge and Wyatt Westmoreland and has a huge fan base of fitness enthusiasts, wellness advocates, and professional athletes including David Kirsch, Jennifer Lopez's personal trainer. MiHIGH customers love the product for its convenience and evenly distributed heat, as well as the wide-ranging health benefits of using an infrared sauna including accelerated physical recovery and calorie burn, better sleep, reduced stress, clearer skin, and overall detoxification.
"With the acquisition of MiHIGH, we're continuing to do what we do best - delivering growth by acquiring industry leading brands, and investing in our existing portfolio," said Kyle Widrick, CEO and founder of Win. "Even in the challenging headwinds we're seeing in the market more broadly, there are still great opportunities for growth right now. We're more equipped than ever to capitalize on those opportunities and be a port in the storm for brands seeking to scale in today's climate."
"We're incredibly proud of the booming business we've built for MiHIGH and becoming synonymous with the infrared sauna blanket category in Europe," said Ed Hodge and Wyatt Westmoreland, co-founders and co-CEOs of MiHIGH. "By joining Win as part of the Gravity brand, we're thrilled at the opportunity to combine forces with a pioneer in the wellness space to scale MiHIGH in the US and beyond."
Polsinelli P.C., served as legal counsel to Win on the transaction.
Win Brands Group ("Win") is an omnichannel retail platform that specializes in buying and building category-defining brands. We start by acquiring exceptional, customer-focused companies with a proven track record, then plug in our Shared Services platform of world class experts to take them to the next level. Instead of trying to scale alone, every brand that joins Win becomes part of a ready-made community, and instantly benefits from decades of expertise, as well as pooled resources, shared operational costs, and economies of scale. To learn more about Win, please visit winbg.com.
MiHIGH is a wellness brand best known for its infrared sauna blankets that supplement recovery, pain relief, sleep quality, and more. MiHIGH was founded in 2020 as at-home wellness began to skyrocket, with the goal to create a more accessible and affordable way for people to experience the myriad benefits of an infrared sauna from home. After launching in Australia, MiHIGH took off on a global scale by expanding to the US, UK, EU, and Canada. To learn more about MiHIGH, please visit mihigh.com.
Media Contact:
Alice DuBois
alice@winbg.com
(585) 613-5966
1 "Feeling good: The future of the $1.5 trillion wellness market," McKinsey, April 8, 2021.
2 "Feeling good: The future of the $1.5 trillion wellness market," McKinsey, April 8, 2021.
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SOURCE Win Brands Group | https://www.kxii.com/prnewswire/2022/08/15/wins-weighted-blanket-pioneer-gravity-acquires-infrared-sauna-blanket-brand-mihigh/ | 2022-08-15T18:20:23Z |
DENVER, Aug. 2, 2022 /PRNewswire/ -- Healthgrades, the #1 website Americans use to find a doctor or hospital, today announced the National Leaders in Obstetrics & Gynecology: the recipients of the 2022 Healthgrades Labor and Delivery Excellence Award™, the Gynecologic Surgery Excellence Award™, and the Overall Obstetrics and Gynecology Award™. This assessment is rooted in clinical outcomes for Ob-Gyn patients and recognizes the top hospitals around the nation that provide superior care for patients during labor and delivery and gynecologic procedures, resulting in lower-than-expected complication rates.
For this annual analysis, Healthgrades evaluated hospital performance across four Ob-Gyn services (Vaginal Delivery, C-Section Delivery, Hysterectomy, Gynecological Procedures) in 16 states that make data available. The 2022 awards identify the top 10% of hospitals in each area of Obstetrics & Gynecology. 145 hospitals were recognized across the three awards, including 17 extremely high-performing facilities that achieved all three awards.
A few notable statistics about the top performing hospitals include:
- From 2018-2020, if all hospitals in the 16 states included in this analysis, as a group, performed similarly to hospitals receiving the Obstetrics and Gynecology Excellence Award, on average, 153,369 patients could have avoided complications.*
- From 2018-2020, if all hospitals in the 16 states included in this analysis, as a group, performed similarly to hospitals receiving the Labor and Delivery Excellence Award, on average, 135,637 patients could have avoided complications.*
- From 2018-2020, patients treated in hospitals receiving the Gynecologic Surgery Excellence Award, have, on average, a 46.8% lower risk of experiencing a complication while in the hospital than if they were treated in hospitals that did not receive the Gynecologic Surgery Excellence Award.*
"When choosing a doctor for Ob-Gyn care, patients should consider three factors: hospital quality, facility and care team experience with your condition/procedure, and compatibility," said Brad Bowman, MD, Chief Medical Officer and Head of Data Science, Healthgrades. "Identifying the national leaders in Obstetrics & Gynecology makes it easier for consumers to consider hospital quality before choosing an Ob-Gyn specialist."
A recent survey on behalf of Healthgrades found that 74% of commercially insured patients seeking Ob-Gyn care have or planned to search online. 25% of those seeking an Ob-Gyn specialist were doing so because they were unsatisfied with their current healthcare professional, and 19% required more specialized Ob-Gyn care. 45% found it moderately to extremely difficult to find an Ob-Gyn specialist when needed.
"We know consumers have trouble finding Ob-Gyn care, and understanding the quality of the hospital where a doctor practices is an often overlooked element of that decision," said Burt Kann, EVP and Head of Product at Healthgrades. "We're pleased to recognize these National Leaders in Obstetrics & Gynecology and hope they bring consumers one step closer to finding the right care for their needs."
With tools like hospital quality ratings and awards, Healthgrades helps consumers make confident healthcare decisions by enabling the evaluation and comparison of hospital performance to find the highest quality care. View the full list of award recipients and find the hospital that's right for you. For more guidance, Healthgrades also co-authored an article with OutCare Health recommending five questions LGBTQ+ patients should ask their Ob-Gyn. Consumers can visit Healthgrades for more information on how Healthgrades measures hospital quality and access the complete methodology here.
*Statistics are based on Healthgrades analysis of All-Payer data for years 2018 through 2020 and represent 3-year estimates for patients in 16 states for which all payer data was made available. (See 2022 Healthgrades Obstetrics and Gynecology Rating Methodology for more details).
About Healthgrades
Healthgrades is dedicated to empowering stronger and more meaningful connections between patients and healthcare professionals. As the #1 platform for finding a doctor and as a leader in healthcare transparency, we help millions of consumers each month find and schedule appointments with their healthcare professional of choice and prepare for their appointments with best-in-class, treatment-focused content.
Our health system, healthcare professional, and life sciences marketing solutions have been helping our partners reach and engage consumers who are on their way to the doctor for over 20 years.
Start your search for the right care at healthgrades.com.
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SOURCE Healthgrades | https://www.mysuncoast.com/prnewswire/2022/08/02/healthgrades-recognizes-145-leading-hospitals-excellence-across-obstetrics-amp-gynecology/ | 2022-08-02T12:52:05Z |
OAKLAND, Calif., July 6, 2022 /PRNewswire/ -- The Clorox Company (NYSE: CLX) will issue its fourth-quarter and fiscal year 2022 results on Aug. 3, 2022. Timing for the announcement will be as follows:
- 1:15 p.m. PT/4:15 p.m. ET: Press release and prepared management remarks posted on the company's website.
- 2 p.m. PT/5 p.m. ET: Live Q&A audio webcast for analysts with CEO Linda Rendle and Chief Financial Officer Kevin Jacobsen.
Links to the webcast, press release and prepared remarks can be found at Clorox quarterly results.
The Clorox Company
The Clorox Company (NYSE: CLX) is a leading multinational manufacturer and marketer of consumer and professional products with about 9,000 employees worldwide and fiscal year 2021 sales of $7.3 billion. Clorox markets some of the most trusted and recognized consumer brand names, including its namesake bleach and cleaning products; Pine-Sol® cleaners; Liquid-Plumr® clog removers; Poett® home care products; Fresh Step® cat litter; Glad® bags and wraps; Kingsford® grilling products; Hidden Valley® dressings and sauces; Brita® water-filtration products; Burt's Bees® natural personal care products; and RenewLife®, Rainbow Light®, Natural Vitality CALM™, and NeoCell® vitamins, minerals and supplements. The company also markets industry-leading products and technologies for professional customers, including those sold under the CloroxPro™ and Clorox Healthcare® brand names. More than 80% of the company's sales are generated from brands that hold the No. 1 or No. 2 market share positions in their categories.
Clorox is a signatory of the United Nations Global Compact and the Ellen MacArthur Foundation's New Plastics Economy Global Commitment. The company has been broadly recognized for its corporate responsibility efforts, included on the Barron's 2022 100 Most Sustainable Companies list, 2022 Bloomberg Gender-Equality Index, the Human Rights Campaign's 2022 Corporate Equality Index and the 2021 Parity.org Best Places for Women to Advance list, among others. In support of its communities, The Clorox Company and its foundations contributed about $20 million in combined cash grants, product donations and cause marketing in fiscal year 2021. For more information, visit TheCloroxCompany.com and follow the company on Twitter at @CloroxCo.
CLX-F
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SOURCE The Clorox Company | https://www.wibw.com/prnewswire/2022/07/06/clorox-announces-aug-3-webcast-fourth-quarter-fiscal-year-2022-results/ | 2022-07-06T12:03:32Z |
Charter's $30 Million Philanthropic Program will Invest in 100 Community Centers and Local Job Training Programs over Five Years
New Community Investments Aimed at Rural Areas, including Missoula, MT, and Somerset County, ME, and Cities including Dallas, Milwaukee and New York
STAMFORD, Conn., April 4, 2022 /PRNewswire/ -- Charter Communications, Inc. today announced it will launch Spectrum Community Assist programs in 20 new markets this year, adding momentum to the company's $30 million, five-year philanthropic initiative to revitalize 100 community centers and invest in job training programs in underserved communities across its 41-state footprint.
Charter launched Spectrum Community Assist last fall with rebuilding events in St. Louis, Charlotte, Orlando, South Glens Falls, NY, and Stamford. In 2022, the company will significantly grow the program's reach with revitalization projects and support for job training in markets located in 14 states. Areas targeted for Spectrum Community Assist investment include rural programs in Missoula, MT; Kearney, NE; Oconee County, SC; and Somerset County, ME; and community centers in urban locations including Dallas, Denver, Los Angeles, Milwaukee and New York, among others.
"There is an acute need in underserved neighborhoods nationwide for the career development and social support that local community centers provide," said Rhonda Crichlow, Senior Vice President and Chief Diversity Officer for Charter. "Charter is committed to investing in the communities we serve, and Spectrum Community Assist will make a difference by directly supporting centers and organizations that provide critical services to help local residents build the skills that will enable them to improve their financial condition and increase the economic impact on the community."
Charter has partnered with national nonprofit organization Jobs for the Future (JFF) to identify community centers in the areas selected for Spectrum Community Assist programs. Charter will invest in each center's job training efforts with cash grants and in-kind contributions, improve physical classroom spaces and provide new equipment, including laptops and furniture. Additionally, because broadband is a critical component of a community center's infrastructure, Charter will offer each community center its advanced 1 gigabit internet service. Finally, Charter will sponsor revitalization events with employee and community volunteers to repair and enhance the physical buildings.
Spectrum Community Assist 2022 Markets
CALIFORNIA: Antelope Valley, Los Angeles, Salinas
COLORADO: Denver
FLORIDA: Palm Coast
HAWAII: Oahu
MAINE: Somerset County
MINNESOTA: Duluth
MONTANA: Missoula
NEBRASKA: Kearney
NEW YORK: Buffalo, New York City
NORTH CAROLINA: Fayetteville
OHIO: Cleveland, Columbus
SOUTH CAROLINA: Bamberg, Oconee County
TEXAS: Dallas, San Antonio
WISCONSIN: Milwaukee
More information on Charter's philanthropic initiatives, including Spectrum Community Assist, is available here.
About Charter
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 32 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.
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SOURCE Charter Communications, Inc. | https://www.wibw.com/prnewswire/2022/04/04/charter-launches-spectrum-community-assist-initiative-20-new-markets-2022/ | 2022-04-04T15:28:44Z |
LOS ANGELES (AP) — A man with a criminal history was charged Tuesday with assaulting a former Olympic volleyball player last week in downtown Los Angeles, prosecutors said.
Kim Glass, a silver medalist at the 2008 Beijing Olympics, said she suffered multiple facial bone fractures when someone hurled a metal object — possibly a pipe — at her last Friday.
Bystanders restrained the man — identified by police as Semeon Tesfamariam — until officers arrived to take him into custody. He was held without bail.
Tesfamariam, 51, faces a felony count of assault with a deadly weapon that includes allegations of being previously convicted of a violent felony, according to a statement from the Los Angeles County District Attorney’s Office.
Glass been leaving a lunch when she saw a man run up with something in his hand and throw it at her head, the athlete said in videos posted to social media.
“He just like looked at me with some pretty hateful eyes,” she said in videos posted to Instagram. “It happened so fast, he literally flung it from the street, he was not even close to me at all.”
Glass, a Los Angeles native, posted videos showing her injuries to her eye, nose and cheek. She said she believes her vision will be OK and thanked a doctor for giving her stitches near one of her eyebrows.
The district attorney’s office did not immediately respond to an email asking if Tesfamariam has an attorney who could speak on his behalf.
Tesfamariam had arrests for felony assaults in 2018 and in 2019, the district attorney’s office said. He was initially sentenced to a probationary sentence and later received a state prison term and was on parole at the time of this latest alleged offense, the statement said.
His arraignment had been scheduled for Tuesday, but doubts were raised in court regarding Tesfamariam’s competency to stand trial, the district attorney’s statement said. He was scheduled to appear at an Aug. 17 court hearing. | https://cw33.com/sports/ap-sports/suspect-charged-in-la-assault-of-olympic-volleyball-player/ | 2022-07-13T21:08:27Z |
LANCASTER, Pa., July 21, 2022 /PRNewswire/ -- Burnham Holdings, Inc. (OTC-Pink: BURCA), the parent company of multiple subsidiaries that are leading domestic manufacturers of boilers, and related HVAC products and accessories (including furnaces, radiators, and air conditioning systems) for residential, commercial and industrial applications, today reported its financial results for the six months ended July 3, 2022 and announced a quarterly common stock dividend.
Burnham Holdings, Inc.'s financial performance in the first half of 2022 included the following:
For the first half of 2022, sales of residential products increased by 20.5% while sales of commercial products increased by 18.7% compared to the first half of 2021. We are seeing strong momentum from incoming orders as both the residential and commercial backlogs have increased by $12.6 million and $9.9 million versus the prior year, respectively.
As we've noted in several of our recent financial results releases, profitability continues to be pressured by significant challenges in hiring and retaining qualified employees as well as multiple supply chain issues. Production capacity and efficiencies continue to be hampered by parts availability and shortages of critical materials. Appropriate pricing actions have been taken across all subsidiaries in response to continuing inflationary pressures. Although there are signs of improvement, we remain diligent and ready to respond to continued instability and uncertainty in the greater macro-economic environment.
The Company's balance sheet continues to be strong, with adequate levels of working capital to support current and future business opportunities. Long-term debt of $37.8 million was $5.2 million higher than last year, with the increase mostly attributable to inflationary pressures impacting working capital needs. The increase versus December 31, 2021 is consistent with past years due to the seasonality and operating cycle of our business.
At its meeting on July 21, 2022, the Burnham Holdings, Inc. Board of Directors declared a regular quarterly common stock dividend of $0.22 per share payable August 17, 2022, with a record date of August 11, 2022.
Burnham Holdings, Inc.
Consolidated Statements of Income
(In thousands, except per share amounts)
(Unaudited)
Three Months Ended
Six Months Ended
July 3,
June 27,
2022
2021
Net sales
$ 52,500
$ 43,553
$ 104,938
$ 87,556
Cost of goods sold
44,906
39,185
88,984
76,193
Gross profit
7,594
4,368
15,954
11,363
Selling, general and administrative expenses
8,680
7,519
17,718
15,166
Operating loss
(1,086)
(3,151)
(1,764)
(3,803)
Other expense:
Non-service related pension credit
107
131
213
262
Investment loss net of interest income
(85)
45
(218)
(4)
Interest expense
(330)
(246)
(605)
(431)
Other expense
(308)
(70)
(610)
(173)
Loss before income taxes
(1,394)
(3,221)
(2,374)
(3,976)
Income tax benefit
(321)
(740)
(546)
(914)
Net loss
$ (1,073)
$ (2,481)
$ (1,828)
$ (3,062)
Loss per share (Note 1)
Basic
$ (0.23)
$ (0.54)
$ (0.40)
$ (0.67)
Diluted
Cash dividends per share
$ 0.22
$ 0.44
The accompanying notes are integral to the consolidated financial statements.
Consolidated Balance Sheets
(In thousands)
December 31,
ASSETS
Current Assets
Cash and cash equivalents
$ 5,857
$ 5,654
$ 6,083
Trade accounts receivable, less allowances
19,933
24,920
22,797
Inventories
63,427
51,066
53,235
Prepaid expenses and other current assets
4,857
4,717
4,547
Total Current Assets
94,074
86,357
86,662
Property, plant and equipment, net
57,828
57,496
56,516
Operating lease assets
1,997
2,065
2,410
Other assets, net (Note 4)
22,901
21,551
12,200
Total Assets
$ 176,800
$ 167,469
$ 157,788
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable & accrued expenses
$ 29,349
$ 33,429
$ 23,805
Current portion of long-term liabilities
152
147
Current portion of operating lease liabilities
824
765
749
Total Current Liabilities
30,325
34,346
24,701
Long-term debt
37,775
21,843
32,566
Operating lease liabilities
1,173
1,300
1,661
Other postretirement liabilities (Notes 4 and 5)
6,068
6,062
5,318
Deferred income taxes (Note 4)
8,972
8,753
6,721
Stockholders' Equity
Preferred Stock
530
Class A Common Stock
3,623
3,615
3,606
Class B Convertible Common Stock
1,321
1,329
1,338
Additional paid-in capital
16,564
16,317
16,286
Retained earnings
109,668
113,582
111,520
Accumulated other comprehensive loss (Note 4)
(21,291)
(22,260)
(28,510)
Treasury stock, at cost
(17,928)
(17,948)
(17,949)
Total Stockholders' Equity
92,487
95,165
86,821
Total Liabilities and Stockholders' Equity
Consolidated Statements of Cash Flows
Depreciation and amortization
2,388
2,257
Pension and postretirement liabilities expense
86
87
Contributions to pension trust (Note 5)
-
(375)
Other net adjustments
(549)
(328)
Changes in operating assets and liabilities
(11,224)
(3,826)
Net cash (used) / provided by operating activities
(11,127)
(5,247)
Purchase of property, plant and equipment
(2,797)
(6,530)
Net proceeds from borrowings
15,946
13,966
Proceeds from stock option exercise and treasury activity, net
267
186
Dividends paid
(2,086)
(2,051)
Net increase in cash, cash equivalents and restricted cash
$ 203
$ 324
Cash, cash equivalents and restricted cash, beginning of period
$ 5,759
203
324
Cash, cash equivalents and restricted cash, end of period
Consolidated Statements of Stockholders' Equity
Class B
Accumulated
Class A
Convertible
Additional
Other
Treasury
Preferred
Common
Paid-in
Retained
Comprehensive
Stock,
Stockholders'
Stock
Capital
Earnings
Loss
at Cost
Equity
Balance at December 31, 2021
$ 530
$ 3,615
$ 1,329
$ 16,317
$ 113,582
$ (22,260)
$ (17,948)
$ 95,165
Exercise of stock options
37
3
40
Cash dividends declared:
Common stock - ($0.22 per share)
(1,011)
Net loss for the period
(755)
Other comprehensive income,
net of tax ($211)
751
Balance at April 3, 2022
$ 16,354
$ 111,816
$ (21,509)
$ (17,945)
$ 94,190
210
17
227
Conversion of common stock
8
(8)
Preferred stock - 6%
(9)
(1,066)
(1,073)
net of tax ($65)
218
Balance at July 3, 2022
$ 3,623
$ 1,321
$ 16,564
$ 109,668
$ (21,291)
$ (17,928)
$ 92,487
Balance at December 31, 2020
$ 3,560
$ 1,384
$ 16,115
$ 116,633
$ (29,043)
$ (17,964)
$ 91,215
5
(5)
(1,004)
(581)
net of tax ($166)
556
Balance at March 28, 2021
$ 3,565
$ 1,379
$ 115,048
$ (28,487)
$ 90,186
171
15
41
(41)
(1,038)
(2,481)
net of tax ($7)
(23)
Balance at June 27, 2021
$ 3,606
$ 1,338
$ 16,286
$ 111,520
$ (28,510)
$ (17,949)
$ 86,821
Notes To Financial Statements:
(1)
Basic earnings per share are based upon weighted average shares outstanding for the period. Diluted earnings per share
assume the conversion of outstanding rights into common stock.
(2)
Common stock outstanding at July 3, 2022 includes 3,284,977 of Class A shares and 1,321,404 of Class B shares.
(3)
Mark-to-Market adjustments are a result of changes (non-cash) in the fair value of interest rate agreements. These
agreements are used to exchange the interest rate stream on variable rate debt for payments indexed to a fixed interest
rate. These non-operational, non-cash charges reverse themselves over the term of the agreements.
Accounting rules require that the funded status of pension and other postretirement benefits be recognized as a non-cash
asset or liability, as the case may be, on the balance sheet. As of December 31, 2021, plan assets exceeded projected
benefit obligations (asset) while as of December 31, 2020, projected benefit obligations exceeded plan assets (liability).
The resulting non-cash presentation on the balance sheet is reflected in "Other assets, net" or "Other postretirement
liabilities", "Deferred income taxes", and "Accumulated other comprehensive loss", a non-cash subsection of
"Stockholders' Equity" (See Note 10 of the 2021 Annual Report for more details).
For the first half of 2021, the Company made voluntary pre-tax contributions of $0.375 million to its defined benefit
pension plan. This payment increased the trust assets available for benefit payments (reducing "Other postretirement
liabilities") and did not impact the Statement of Income. No contribution was needed in the first half of 2022 due
to the funded status of the plan.
(6)
Unaudited results, forward looking statements, and certain significant estimates and risks. This note has been
expanded to include items discussed in detail within the 2021 Annual Report.
Unaudited Results and Forward Looking Statements. The accompanying unaudited financial statements
contain all adjustments that are necessary for a fair presentation of results for such periods and are consistent with policies
and procedures employed in the audited year-end financial statements. These consolidated financial statements should be
read in conjunction with the Annual Report for the period ended December 31, 2021. Statements other than historical
facts included or referenced in this Report are forward-looking statements subject to certain risks, trends, and
uncertainties that could cause actual results to differ materially from those projected. We undertake no duty to update
or revise these forward-looking statements.
Certain Significant Estimates and Risks. Certain estimates are determined using historical information along with
assumptions about future events. Changes in assumptions for items such as warranties, pensions, medical cost trends,
employment demographics and legal actions, as well as changes in actual experience, could cause these estimates to
change. Specific risks, such as those included below, are discussed in the Company's Quarterly and Annual Reports
in order to provide regular knowledge of relevant matters. Estimates and related reserves are more fully explained in the
2021 Annual Report.
Retirement Plans: The Company maintains a non-contributory defined benefit pension plan, covering both union and
non-union employees, that has been closed to new hires for a number of years. Benefit accrual ceased in 2009, or earlier
depending on the employee group, with the exception of a limited, closed group of union production employees. While not
100% frozen, these actions were taken to protect benefits for retirees and eligible employees, and have materially reduced
the growth of the pension liability. Lancaster Metal Manufacturing, a Company subsidiary, also contributes to a separate
union-sponsored multiemployer defined benefit pension plan that covers its collective bargaining employees. Variables
such as future market conditions, investment returns, and employee experience could affect results.
Medical Health Coverage: The Company and its subsidiaries are self-insured for most of the medical health insurance provided for its employees, limiting maximum exposure per occurrence by purchasing third-party stop-loss coverage.
Retiree Health Benefits: The Company pays a fixed annual amount that assists a specific group of retirees in purchasing medical and/or prescription drug coverage from providers. Additionally, certain employees electing early retirement receive a fixed dollar amount based on years of employee service to assist them in covering medical costs. These obligations are accounted for within the financial statements.
Insurance: The Company and its subsidiaries maintain insurance to cover product liability, general liability, workers' compensation, and property damage. Well-known and reputable insurance carriers provide current coverage. All policies and corresponding deductible levels are reviewed on an annual basis. Third-party administrators, approved by the Company and the insurance carriers, handle claims and attempt to resolve them to the benefit of both the Company and its insurance carriers. The Company reviews claims periodically in conjunction with administrators and adjusts recorded reserves as required.
Warranty Litigation, Class Action: In 2010, two of the Company's subsidiaries were served with a class action lawsuit related generally to boiler products manufactured and sold by a predecessor to one of the Company's subsidiaries more than 10 years ago. This matter has now been discontinued as a class action and the litigation has been resolved.
General Litigation, including Asbestos: In the normal course of business, certain subsidiaries of the Company have been named, and may in the future be named, as defendants in various legal actions including claims related to property damage and/or personal injury allegedly arising from products of the Company's subsidiaries or their predecessors. A number of these claims allege personal injury arising from exposure to asbestos-containing material allegedly contained in certain boilers manufactured many years ago, or through the installation or removal of heating systems. The Company's subsidiaries, directly and/or through insurance providers, are vigorously defending all open asbestos cases, many of which involve multiple claimants and many defendants, which may not be resolved for several years. Asbestos litigation is a national issue with thousands of companies defending claims. While the large majority of claims have historically been resolved prior to the completion of trial, from time to time some claims may be expected to proceed to a potentially substantial verdict against subsidiaries of the Company. Any such verdict would be subject to a potential reduction or reversal of verdict on appeal, any set-off rights, and/or a reduction of liability following allocation of liability among various defendants. For example, on July 23, 2013 and December 12, 2014, New York City State Court juries found numerous defendant companies, including a subsidiary of the Company, responsible for asbestos-related damages in cases involving multiple plaintiffs. The subsidiary, whose share of the verdicts
amounted to $42 million and $6 million, respectively, before offsets, filed post-trial motions and appeals seeking to reduce and/or overturn the verdicts, and granting of new trials. On February 9, 2015, the trial court significantly reduced the 2013 verdicts, reducing the subsidiary's liability from $42 million to less than $7 million. Additionally, on May 15, 2015, the trial court reduced the subsidiary's liability in the 2014verdict to less than $2 million. On October 30, 2015, the subsidiary settled these verdicts for significantly less than the trial courts' reduced verdicts, with all such settled amounts being covered by applicable insurance. The Company believes, based upon its understanding of its available insurance policies and discussions with legal counsel, that all pending legal actions and claims, including asbestos, should ultimately be resolved (whether through settlements or verdicts) within existing insurance limits and reserves, or for amounts not material to the Company's financial position or results of operations. However, the resolution of litigation generally entails significant uncertainties, and no assurance can be given as to the ultimate outcome of litigation or its impact on the Company and its subsidiaries. Furthermore, the Company cannot predict the extent to which new claims will be filed in the future, although the Company currently believes that the great preponderance of future asbestos claims will be covered by existing insurance. There can be no assurance that insurers will be financially able to satisfy all pending and future claims in accordance with the applicable insurance policies, or that any disputes regarding policy provisions will be resolved in favor of the Company.
Litigation Expense, Settlements, and Defense: The 2022 first half charges for all uninsured litigation of every kind, were $130,000. Expenses for legal counsel, consultants, etc., in defending these various actions and claims for the quarter were approximately $10,000. Prior year's settlements and expenses, including amounts for self-insured asbestos cases, are disclosed in the 2021 Annual Report.
Permitting Activities (excluding environmental): The Company's subsidiaries are engaged in various matters with respect to obtaining, amending or renewing permits required under various laws and associated regulations in order to operate each of its manufacturing facilities. Based on the information presently available, management believes it has all necessary permits and expects that all permit applications currently pending will be routinely handled and approved.
Environmental Matters: The operations of the Company's subsidiaries are subject to a variety of Federal, State, and local environmental laws. Among other things, these laws require the Company's subsidiaries to obtain and comply with the terms of a number of Federal, State and local environmental regulations and permits, including permits governing air emissions, wastewater discharges, and waste disposal. The Company's subsidiaries periodically need to apply for new permits or to renew or amend existing permits in connection with ongoing or modified operations. In addition, the Company generally tracks and tries to anticipate any changes in environmental laws that might relate to its ongoing operations. The Company believes its subsidiaries are in material compliance with all environmental laws and permits.
As with all manufacturing operations in the United States, the Company's subsidiaries can potentially be responsible for response actions at disposal areas containing waste materials from their operations. In the past five years, the Company has not received any notice that it or its subsidiaries might be responsible for remedial clean-up actions under government supervision. However, one issue covered by insurance policies remains open as of this date and is fully disclosed in the 2021 Annual Report. While it is not possible to be certain whether or how any new or old matters will proceed, the Company does not presently have reason to anticipate incurring material costs in connection with any matters.
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SOURCE Burnham Holdings, Inc.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/21/burnham-holdings-inc-reports-first-half-results-declares-dividend/ | 2022-07-22T00:45:45Z |
Beautiful beach weather continues
Rain chances starting to show up for the weekend
SARASOTA, Fla. (WWSB) - It has been abnormally dry as of late and that should continue on Wednesday, however look for a few showers and isolated thunderstorms back into the weather picture on Thursday and picking up a little over the weekend.
A weak cold front will move through the area on Thursday bringing a better chance for a few showers and a possible thunderstorm as the front becomes diffuse or fades away.
For Wednesday we will see mostly sunny skies and highs in the low to mid 80s near the coast and upper 80s inland away from the beaches. Winds will be out of the NE switching around to the NW later in the day at 5-10 mph with some gusts up to 15 mph.
The fire danger will be staying high to very high through the day. We are now 5 inches below average and the rain chances are staying low but increasing slightly this weekend.
Thursday we will see mostly sunny skies and then become partly cloudy later in the day with a 20% chance for a few scattered late day storms. High temperatures will warm into the low to mid 80s near the coast and mid to upper 80s away from the water.
For the weekend we will see mostly sunny skies with a 30% chance for a few late day showers and isolated thunderstorms developing along the sea breeze inland and then pushing back toward the coast later in the day.
Some of these storms will generate some lightning strikes which will have the potential for starting some brush fires over the weekend.
For boaters look for winds out of the north turning to the northwest later in the day. Wind strength will be 5-10 knots in the morning increasing up to 15 knots later in the afternoon.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/26/beautiful-beach-weather-continues/ | 2022-04-28T12:07:31Z |
Braves place C Piña on IL, Contreras recalled from Triple-A
ATLANTA (AP) — The Atlanta Braves have placed catcher Manny Piña on the 10-day injured list with left wrist inflammation. The move is retroactive to Monday. William Contreras was recalled from Triple-A Gwinnett to serve as the backup catcher behind Travis d’Arnaud. The move came just in time for Contreras to be in the opposite dugout from his older brother Willson Contreras, who started at catcher for the Chicago Cubs in the finale of a three-game series in Atlanta. Before the game, the brothers carried out the lineup cards for each team to home plate. | https://localnews8.com/sports/ap-national-sports/2022/04/28/braves-place-c-pina-on-il-contreras-recalled-from-triple-a/ | 2022-04-29T01:57:41Z |
SIIA recognizes Vizzle as one of the most innovative EdTech solutions, RethinkEd's fifth overall CODiE award.
NEW YORK, June 17, 2022 /PRNewswire/ -- RethinkEd's Vizzle was named the Best Solution for Students with Special Needs of 2022 as part of the annual SIIA CODiE Awards. The prestigious CODiE Awards recognize the companies producing the most innovative education technology products across the country and around the world.
"We're honored and excited to share this award with the dedicated RethinkEd team and all our wonderful customers that helped us make Vizzle into an incredible education solution," says Diana Frezza, Executive Vice President.
Vizzle's multi-tiered standards-aligned activities provide access for all students to achieve academic success. We expanded and built on our previous win in 2021 by bringing new interactive elements for enhanced learning. Now, we're continuing to improve Vizzle by offering comprehensive K-12 academic curriculum for Math, ELA, Science, and Social Studies that will be ready for back-to-school 2022.
"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 Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industries, announced the full slate of CODiE winners during a virtual winner announcement. Awards were given for products and services deployed specifically for education and learning professionals, including the top honor of the Best Overall Education Technology Solution.
A SIIA CODiE Award win is a prestigious honor, following rigorous reviews by expert judges including educators and administrators whose evaluations determined the finalists. SIIA members then vote on the finalist products, and the scores from both rounds are tabulated to select the winners.
More information about how Vizzle has partnered with school districts across the country to help students bridge the learning gap can be found here.
More information about the Awards is available here.
Details about the winning products can be found here.
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.
RethinkEd was founded on a simple yet powerful idea: To literally re-think education. To make it better and easier. To unburden school districts and empower educators. To improve outcomes and elevate accountability. To promote collaboration and inspire learning. And, most importantly, to make a difference in the school day for everyone – administrators, educators, and students.
The RethinkEd solution is part of Rethink First, a global company that is transforming behavioral healthcare. Similar to Rethink First's other solutions that are innovating and improving outcomes for clinicians and employers globally, RethinkEd is pioneering EdTech with our relentless pursuit of innovative methods that put evidenced-based, data-informed, digitally delivered instruction and assessments into the hands of educators, clinicians, and parents who share our singularly minded focus: To power the potential of all children and to work together to help them succeed.
For more information, contact:
Troy Boyette, Director of Marketing
RethinkEd
troy.boyette@rethinked.com
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SOURCE Rethink Ed | https://www.mysuncoast.com/prnewswire/2022/06/17/rethinked-wins-award-best-solution-students-with-special-needs/ | 2022-06-17T13:04:37Z |
Net sales increased 31% year-to-date, with solid growth in both the Fire Safety and Specialty Products businesses
Adjusted EBITDA increased 39% year-to-date, with solid growth in both businesses
Oil Additives renamed Specialty Products to better reflect the business's current and expanding applications and end-markets
CLAYTON, Mo., Aug. 5, 2022 /PRNewswire/ -- Perimeter Solutions, SA (NYSE: PRM) ("Perimeter" or the "Company"), a leading provider of mission-critical firefighting products and services, as well as specialty products used in several end markets, today reported financial results for its second quarter ended June 30, 2022.
Year-to-Date 2022 Results
- Net sales increased 31% to $158.7 million during the year-to-date period, as compared to $121.0 million in the prior-year period.
- Net income during the year-to-date period was $45.0 million, or $0.26 per diluted share, an increase of $67.4 million from a net loss of $22.4 million, or $0.42 per diluted share, for the same period of 2021.
- Adjusted EBITDA increased 39% to $47.7 million during the year-to-date period, as compared to $34.3 million in the prior-year period.
Second Quarter 2022 Results
- Net sales increased 16% to $101.0 million in the second quarter, as compared to $87.1 million in the prior-year quarter.
- Net income during the second quarter was $7.2 million, or $0.04 per diluted share, an increase of $11.0 million from a net loss of $3.8 million, or $0.07 per diluted share, for the same period of 2021.
- Adjusted EBITDA increased 15% to $35.7 million in the second quarter, as compared to $31.1 million in the prior-year quarter.
Conference Call and Webcast
As previously announced, Perimeter Solutions management will hold a conference call at 8:30 a.m. ET on Friday, August 5, 2022 to discuss financial results for the second quarter 2022. The conference call can be accessed by dialing (877) 407-9764 (toll-free) or (201) 689-8551 (toll).
The conference call will also be webcast simultaneously on Perimeter's website (https://ir.perimeter-solutions.com/), accessed under the Investor Relations page. The webcast link will be made available on the Company's website prior to the start of the call; go to the investor relations page of our website to the News & Events menu and click on "Events & Presentations."
A slide presentation will also be available for reference during the conference call; go to the investor relations page of our website to the News & Events menu and click on "Events & Presentations."
Following the live webcast, a replay will be available on the Company's website. A telephonic replay will also be available approximately two hours after the call and can be accessed by dialing (877) 660-6853 (toll-free) or (201) 612-7415 (toll). The telephonic replay will be available until September 5, 2022.
About Perimeter Solutions
Perimeter Solutions is a leading global solutions provider, providing high-quality firefighting products and specialty products used in several end markets. The Company's business is organized and managed in two reporting segments: Fire Safety and Specialty Products, formerly Oil Additives.
The Fire Safety segment consists of formulating, manufacture and sale of fire retardants and firefighting foams that assist in combating various types of fires, including wildland, structural, flammable liquids and others. Our Fire Safety segment also offers specialized equipment and services, typically in conjunction with our fire management products, to support our customers' firefighting operations. Our specialized equipment includes airbase retardant storage, mixing, and delivery equipment; mobile retardant bases; retardant ground application units; mobile foam equipment; and equipment that we custom design and manufacture to meet specific customer needs. Our service network can meet the emergency resupply needs of over 150 air tanker bases in North America, as well as many other customer locations in North America and internationally. The segment is built on the premise of superior technology, exceptional responsiveness to our customers' needs, and a "never-fail" service network. The segment sells products to government agencies and commercial customers around the world.
In June 2022, the Oil Additives segment, which produces and sells Phosphorus Pentasulfide ("P2S5"), was renamed the Specialty Products segment to better reflect the current and expanding applications for P2S5 in several end markets and applications, including lubricant additives, various agricultural applications, various mining applications, and emerging electric battery technologies. Within the lubricant additive end market, currently our largest end market application, P2S5 is primarily used in the production of a family of compounds called Zinc Dialkyldithiophosphates ("ZDDP"), which is considered an essential component in the formulation of engine oils with its main function to provide anti-wear protection to engine components.
Forward-looking Information
This press release may contain "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods.
Any such forward-looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond the Company's control) and assumptions. Although Perimeter believes any forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect Perimeter's actual financial results and cause them to differ materially from those anticipated in any forward-looking statements, including the risk factors described from time to time by us in our filings with the Securities and Exchange Commission ("SEC"), including, but not limited to, the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 31, 2022. Shareholders, potential investors and other readers should consider these factors carefully in evaluating the forward-looking statements.
Any forward-looking statement made by Perimeter in this press release speaks only as of the date on which it is made. Perimeter undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Non-GAAP Financial Metrics
Adjusted EBITDA
The computation of adjusted EBITDA is defined as net income plus income tax expense, net interest and other financing expenses, and depreciation and amortization, adjusted on a consistent basis for certain non-recurring, unusual or non-operational items in a balanced manner. These items include (i) expenses related to the Business Combination, (ii) founder advisory fee expenses, (iii) stock compensation expense, (iv) non-cash impact of purchase accounting on the cost of inventory sold, (v) contingent future payment related to an acquired business, (vi) management fees related to the services provided by SK Capital Partners IV-A, L.P. and SK Capital Partners IV-B, L.P (collectively, the "Sponsor") when acting in a management capacity and (vii) unrealized foreign currency loss (gain). To supplement the Company's consolidated financial statements presented in accordance with U.S. GAAP, Perimeter is providing a summary to show the computations of adjusted EBITDA, which is a non-U.S.GAAP measure used by the Company's management and by external users of Perimeter's financial statements, such as investors, commercial banks and others, to assess the Company's operating performance as compared to that of other companies, without regard to financing methods, capital structure or historical cost basis. Adjusted EBITDA should not be considered an alternative to net income (loss), operating income (loss), cash flows provided by (used in) operating activities or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP (in thousands).
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SOURCE Perimeter Solutions | https://www.wibw.com/prnewswire/2022/08/05/perimeter-solutions-reports-second-quarter-2022-financial-results/ | 2022-08-05T10:40:33Z |
Get a professional safety and qualification check on cylinders at all 1,100+ U-Haul store locations where propane is sold
PHOENIX, June 30, 2022 /PRNewswire/ -- As Independence Day approaches and families prepare to fire up their propane-powered BBQ grills, more than 1,100 U-Haul® facilities are providing free safety inspections and qualification checks on all propane cylinders to ensure safe holiday celebrations.
Propane sales typically spike prior to July 4, one of the busiest days for food preparation using the clean-burning fuel. In anticipation of family gatherings and the expected surge of people topping off their tanks, U-Haul is asking customers to take advantage of free tank inspections by a certified propane technician at any of its Company-owned stores where propane is sold.
"U-Haul takes propane safety seriously," said Scott Johnson, U-Haul propane program manager.
"We want people to enjoy their holiday without worrying about their tanks. All types of customers rely on U-Haul to provide high-quality products and a safe experience. U-Haul certified propane technicians are available to check the qualification date on each cylinder, examine the valve for leaks, and inspect the tank for dents, cracks, gouges, and rust."
Johnson estimates that as many as 20 million propane tanks are sold in the U.S. each year. Many of these tanks lapse in qualification annually and cannot be legally filled without inspection and requalification.
Propane tanks are qualified for 12 years from the original manufactured date, which is stamped on the tank collar or foot. Customers have two options if qualification has lapsed:
- Visit a propane company to have a tank requalified if it passes inspection. That can cost about $25, and requalification lasts for five years.
- Purchase a new 20-pound BBQ tank with a fuel gauge that is qualified for 12 years, and is available at U-Haul stores for only $49.95.
U-Haul began selling propane in 1984 and became the largest U.S. retailer by 1987. Today, U-Haul safely supplies propane to thousands of customers daily across the U.S. and Canada.
U-Haul utilizes the S.T.E.P. program (Safety, Training, Equipment and Promotion) to deliver propane safely, cleanly and conveniently to customers. The U-Haul propane certification program for Team Members, and the U-Haul propane website promoting consumer safety tips and education information, all align with the Propane Education Research Council (PERC).
Along with strict safety training standards, U-Haul deploys an online service request system that connects U-Haul centers to its propane vendors to report any equipment issues and to ensure there is propane available and safew to dispense to its customers seven days a week. These combined elements demonstrate U-Haul's commitment to providing a better product and service to more customers at a lower cost. The S.T.E.P. program gives U-Haul the edge in safely and effectively meeting our customer's propane demands.
"When handled correctly, propane is a safe and efficient energy source," Johnson said. "Our certified propane technicians are trained to identify any issues with the cylinders and dispense the cleaning-burning gas safely at low prices. We encourage each customer to take advantage of the free inspections before they open the grill and start celebrating."
Propane is the focus of several U-Haul sustainability initiatives. The Company continues to grow its propane Autogas locations to service alternative-fuel vehicles, and champions green products like the 1-pound reusable propane cylinder, a safer and more responsible option to disposable tanks. Visit uhaul.com/about/sustainability to learn more about U-Haul ecofriendly practices.
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers 876,000 rentable storage units and 75.1 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.
Contact:
Andrea Batchelor
Jeff Lockridge
E-mail: publicrelations@uhaul.com
Phone: 602-263-6981
Website: uhaul.com
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SOURCE U-Haul | https://www.kxii.com/prnewswire/2022/06/30/u-haul-giving-free-propane-tank-safety-inspections-before-july-4-cookouts/ | 2022-06-30T12:47:50Z |
CAPE TOWN, South Africa, Aug. 24, 2022 /PRNewswire/ -- International grain giants have already made huge profits in the grain trade in Africa and other regions, which can be seen from the dividends of ADM shares last quarter. The dividend is payable on Sept. 7, 2022, to shareholders of record on Aug. 17, 2022. This is ADM's 363rd consecutive quarterly payment, a record of more than 90 years of uninterrupted dividends.[4] For this reason, multinational food companies are well-positioned to contribute to alleviating Africa's food shortages. At the same time, this is a good time for food giants to build their brand reputation and consolidate their market dominance.
Therefore, we call on transnational food giants to help African people to tide over the difficulties with their market and technological advantages. By reducing food prices and donating food to specific areas temporarily, multinational food giants can help avert a more severe humanitarian crisis. This measure will also help the food giant companies to make higher profits from the region over the long term, which would be beneficial to both sides.
Thomas Greenfield said, "Today, the food security crisis brings us the greatest sense of urgency. Now is the time for a concerted effort across governments, nations and peoples to end hunger." Africa is full of potential for future development due to its rich resources and population advantages. Considering the long-term development of ADM, helping Africa to alleviate the current food crisis is conducive to consolidating the company's market share in Africa and ensuring the continued profit growth of the company in the future.
African countries are facing severe food shortages. What's worse, many countries have announced a ban on food exports, which caused global food prices to soar and further deepened the food crisis in African countries. According to estimates by the Food and Agriculture Organization of the United Nations (FAO), food prices in Africa have now exceeded those at the beginning of the Arab Spring and during the food crisis of 2007-2008.
Under this circumstance, a petition was published on Change, the world's largest petition website, call on multinational food giants to bring their efforts to tackle food shortages, so as to solve the food shortage in Africa. On the other hand, inflation in countries such as Ghana is as high as 25%, eroding its purchasing power, while in Nigeria, the central bank's operation to raise interest rates by 150 basis points shocked the market, which further intensified the food crisis.[1] [2]
U. S. Ambassador to the United Nations Linda Thomas-Greenfield said on August 5 that rising energy prices, climate change, the new coronavirus and international conflicts are exacerbating food crises, especially in Africa.[3]
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SOURCE International Grain Giant ADM | https://www.kxii.com/prnewswire/2022/08/24/adm-harnessing-power-multinational-corporations-reduce-hunger-africa-will-be-beneficial-both-sides/ | 2022-08-24T11:00:33Z |
COLOMBO, Sri Lanka (AP) — Sri Lankan protesters lit flames and offered prayers Wednesday remembering thousands — including ethnic Tamil civilians — killed in the final stages of the country’s decadeslong civil war, in the first-ever event where mostly majority ethnic Sinhalese openly memorialized the minority group.
Protesters gathered outside the president’s office floated flowers in the nearby sea and prayed for all those who died in the 26-year civil war, including Tamil civilians, Tamil rebels and government soldiers.
While grand state events have been held almost every year since the war ended in 2009 to remember and celebrate the soldiers, this is the first time an event that also remembers Tamils is being held by mostly Sinhalese in the country’s capital, Colombo.
“I am a Sinhalese by birth. Today we held a memorial for all those who were killed 13 years ago, Sinhala, Muslim, Hindu and everybody as a result of state terrorism and terrorism by non-state groups,” said Sumeera Gunasekara, a social media activist who participated in the event.
“There are still those who are grieving because of these events and as a Sinhalese I have a right to share in their grief, because I believe in the religion of humanity more than any other.”
Actress Kaushalya Fernando said she came to remember the victims of a war created and mishandled by politicians.
“The significance of this place is that we are not here as different ethnic groups but as Sri Lankans.”
The protesters also shared rice porridge, the only food the people could have in the final stages of the fighting because of heavy blockade of supplies.
Tamil Tiger rebels fought to create an independent state for ethnic minority Tamils.
The civil war killed 100,000 people, according to conservative United Nations estimates. The actual number is believed to be much higher. A report from a U.N. panel of experts said at least 40,000 Tamil civilians were killed in the final months of the fighting alone.
Since Sri Lankan troops defeated the Tamil Tiger rebels in 2009, Sri Lankan authorities had widely prohibited Tamils from publicly remembering their family members and have denied allegations that Tamil civilians were killed.
Sinhalese, mostly Buddhist, make up nearly 75% of Sri Lanka’s 22 million people. Tamils, mostly Hindu, are 15%.
Sri Lankans have been protesting for more than a month demanding the resignation of President Gotabaya Rajapaksa, holding him responsible for the country’s worst economic crisis in recent memory.
Gotabaya Rajapaksa played a key role as a top defense strategist to his brother, former Prime Minister Mahinda Rajapaksa, who is credited with leading a military campaign to defeat the rebels.
The two leaders were hailed as heroes by the Sinhalese but allegations of mishandling the economy and corruption has led to their fall from grace.
Mahinda Rajapaksa resigned as prime minister last week amid violent protests and Gotabaya Rajapaksa has been staying in his fortified residence for more than a month. He has been forced to take a backseat, having appointed a new prime minister to handle the economy.
Sri Lanka, near bankruptcy, has suspended up to $7 billion of foreign loan payments due to be repaid this year because of a foreign currency crisis. The country must repay $25 billion as foreign debt by 2026 out of a total $51 billion.
It has led to limited imports with no gasoline in filling stations. Other fuel, cooking gas, medicine and foods are in short supply, forcing people to stay in long lines to buy the limited stocks. | https://cw33.com/news/international/ap-international/sri-lankan-protesters-include-tamil-victims-in-war-memorial/ | 2022-05-19T08:47:02Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of World Wrestling Entertainment, Inc. ("WWE" or the "Company") (NYSE: WWE). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether WWE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On June 17, 2022, WWE announced that its Chairman and Chief Executive Officer ("CEO") Vincent McMahon would be stepping down from those roles, with his daughter Stephanie returning to the company as interim Chief Executive Officer amid an ongoing investigation into an alleged secret hush deal with a former employee. WWE stated that it had formed a special committee to investigate the alleged improper behavior of CEO McMahon and John Laurinaitis, head of talent relations, who reportedly had relationships with a former employee and allegedly paid her a secret $3M settlement.
On this news, WWE's stock price fell $2.36 per share, or 3.64%, to close at $62.51 per share on June 17, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/06/28/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-world-wrestling-entertainment-inc-wwe/ | 2022-06-28T02:49:06Z |
BOSTON (AP) — Red Sox shortstop Xander Bogaerts will not be in the starting lineup for Monday’s game against Tampa Bay after leaving a day earlier with a cut on his left thigh that required seven stitches.
Manager Alex Cora said the three-time All-Star was “pretty sore.”
“He texted me early. He was my wakeup text,” Cora said. “It was a big cut. Hopefully, he feels better tomorrow, and we can use him.”
Bogaerts was injured in the seventh inning of Sunday’s 4-2 victory at the Chicago Cubs when he covered second and Willson Contreras’ spikes slid into the shortstop’s left leg as Bogaerts tagged him out.
Bogaerts is hitting .318. The Red Sox open a three-game series against the Rays before hosting the AL East-leading Yankees for a four-game series that starts Thursday.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/bostons-xander-bogaerts-out-for-mondays-game-vs-rays/ | 2022-07-05T19:34:28Z |
ST. LOUIS, May 19, 2022 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) ("Arch Resources" or "us") today announced that on May 18, 2022, it entered into separate, privately negotiated exchange agreements with a limited number of holders of its 5.25% Convertible Senior Notes due 2025 (the "notes") to exchange (collectively, the "exchanges") approximately $125.2 million principal amount of notes for consideration consisting of an aggregate of approximately $130.1 million in cash and a number of shares of Arch Resources' common stock to be determined over a four consecutive trading day period beginning on, and including, May 19, 2022. The exchanges are expected to be consummated on or about May 25, 2022, subject to customary closing conditions. The notes being exchanged will be retired upon completion of the exchanges. Following the closing of the exchanges, Arch Resources expects that approximately $30.0 million in aggregate principal amount of notes will remain outstanding with terms unchanged.
Arch Resources is undertaking these exchanges in keeping with its previously stated goal of enhancing and simplifying its capital structure, and is utilizing a substantial amount of cash in the settlement process in order to limit overall stock dilution, prevent potential future dilution stemming from expected future dividend payments, reduce overall indebtedness, and eliminate future annual interest payments.
The exchanges are being conducted as private placements, and any shares of common stock to be issued in the exchanges will be issued pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), afforded by Section 4(a)(2) of the Securities Act in transactions not involving any public offering. This press release is neither an offer to sell nor a solicitation of an offer to buy any securities described above, nor will there be any offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
In connection with the exchanges, Arch Resources also intends to enter into certain capped call early unwind agreements (the "capped call early unwind agreements") with counterparties to Arch Resources' capped call transactions (the "capped call counterparties"), which were entered into in connection with the issuance of the notes, to terminate a portion of such capped call transactions in a notional amount corresponding to the amount of the notes exchanged (the "early unwinds"). We expect that the capped call counterparties will settle the early unwinds by delivering to Arch Resources a number of shares of Arch Resources' common stock corresponding to the consideration in respect of the early unwinds on or about May 26, 2022. In connection with such settlements, the capped call counterparties and/or their respective affiliates may buy shares of the Arch Resources' common stock in secondary market transactions.
Arch Resources is a premier producer of high-quality metallurgical products for the global steel industry. The company operates large, modern and highly efficient mines that consistently set the industry standard for both mine safety and environmental stewardship.
Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended—that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "should," "could," "appears," "estimates," "expects," "anticipates," "intends," "may," "plans," "predicts," "projects," "believes," "seeks," or "will." Actual results may vary significantly from those anticipated due to many factors, including: impacts of the COVID-19 pandemic; changes in coal prices, which may be caused by numerous factors beyond our control, including changes in the domestic and foreign supply of and demand for coal and the domestic and foreign demand for steel and electricity; volatile economic and market conditions; operating risks beyond our control, including risks related to mining conditions, mining, processing and plant equipment failures or maintenance problems, weather and natural disasters, the unavailability of raw materials, equipment or other critical supplies, mining accidents, and other inherent risks of coal mining that are beyond our control; loss of availability, reliability and cost-effectiveness of transportation facilities and fluctuations in transportation costs; inflationary pressures and availability and price of mining and other industrial supplies; the effects of foreign and domestic trade policies, actions or disputes on the level of trade among the countries and regions in which we operate, the competitiveness of our exports, or our ability to export; competition, both within our industry and with producers of competing energy sources, including the effects from any current or future legislation or regulations designed to support, promote or mandate renewable energy sources; alternative steel production technologies that may reduce demand for our coal; the loss of key personnel or the failure to attract additional qualified personnel and the availability of skilled employees and other workforce factors; our ability to secure new coal supply arrangements or to renew existing coal supply arrangements; the loss of, or significant reduction in, purchases by our largest customers; disruptions in the supply of coal from third parties; risks related to our international growth; our relationships with, and other conditions affecting, our customers and our ability to collect payments from our customers; the availability and cost of surety bonds, including potential collateral requirements; additional demands for credit support by third parties and decisions by banks, surety bond providers, or other counterparties to reduce or eliminate their exposure to the coal industry; inaccuracies in our estimates of our coal reserves; defects in title or the loss of a leasehold interest; losses as a result of certain marketing and asset optimization strategies; cyber-attacks or other security breaches that disrupt our operations, or that result in the unauthorized release of proprietary, confidential or personally identifiable information; our ability to acquire or develop coal reserves in an economically feasible manner; our ability to comply with the restrictions imposed by our term loan debt facility and other financing arrangements; our ability to service our outstanding indebtedness and raise funds necessary to repurchase notes for cash following a fundamental change or to pay any cash amounts due upon conversion; existing and future legislation and regulations affecting both our coal mining operations and our customers' coal usage; governmental policies and taxes, including those aimed at reducing emissions of elements such as mercury, sulfur dioxides, nitrogen oxides, particulate matter or greenhouse gases; increased pressure from political and regulatory authorities, along with environmental and climate change activist groups, and lending and investment policies adopted by financial institutions and insurance companies to address concerns about the environmental impacts of coal combustion; increased attention to environmental, social or governance matters; our ability to obtain and renew various permits necessary for our mining operations; risks related to regulatory agencies ordering certain of our mines to be temporarily or permanently closed under certain circumstances; risks related to extensive environmental regulations that impose significant costs on our mining operations, and could result in litigation or material liabilities; the accuracy of our estimates of reclamation and other mine closure obligations; the existence of hazardous substances or other environmental contamination on property owned or used by us; risks related to tax legislation and our ability to use net operating losses and certain tax credits; our ability to pay base or variable dividends in accordance with our announced capital return program, and other risks as disclosed in our most recent annual report on Form 10-K and subsequent SEC filings. All forward-looking statements in this press release, as well as all other written and oral forward-looking statements attributable to us or persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements contained in this section and elsewhere in this press release. These factors are not necessarily all of the important factors that could affect us. These risks and uncertainties, as well as other risks of which we are not aware or which we currently do not believe to be material, may cause our actual future results to be materially different than those expressed in our forward-looking statements. These forward-looking statements speak only as of the date on which such statements were made, and we do not undertake to update our forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by the federal securities laws.
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SOURCE Arch Resources, Inc. | https://www.kxii.com/prnewswire/2022/05/19/arch-resources-announces-exchanges-with-holders-approximately-1252-million-principal-amount-convertible-notes/ | 2022-05-19T11:02:00Z |
Based on EndoClot AMP Technology, Submucosal Injection Solution (SIS) and Polysaccharide Hemostatic Spray (PHS) Systems Assist with Submucosal Lift and Hemostasis During GI Procedures
CENTER VALLEY, Pa., Sept. 12, 2022 /PRNewswire/ -- Olympus, a leading global medtech company providing innovative solutions for medical and surgical procedures, announced today it will distribute EndoClot® Polysaccharide Hemostatic Spray and EndoClot® Submucosal Injection Solution, two important products developed by EndoClot Plus, Inc. (EPI), which joined with Olympus in a U.S. distribution agreement earlier in the year.
Both products are based on the EndoClot Absorbable Modified Polymer (AMP®) technology. The starch-derived AMP technology has demonstrated an excellent safety profile.i The EndoClot AMP particles work by absorbing water from blood. The dehydration process causes a high concentration of platelets, red blood cells and coagulation proteins, which helps accelerate the body's clotting cascade.ii AMP particles are biocompatible, bioabsorbable, non-pyrogenic, starch derived and contain no animal or human components.
"Anything we can do to potentially eliminate secondary procedures with some of these more complex cases is important to our practice," said Kenneth H. Park, MD, Assistant Professor of Medicine at Cedars-Sinai Medical Center. "We see great advantage in being able to identify the bleed and address it at the same time."
The EndoClot PHS System enables physicians to apply an advanced powder hemostat during a procedure using controlled, consistent air pressure through a portable air compressor. Used for hemostasis of nonvariceal gastrointestinal bleeding, excluding Forrest Ia classification of bleeding, the EndoClot PHS System:
- Is indicated for use in combination with other conventional techniques, like clipping, for large and diffuse bleeds, such as those occurring in peptic ulcers, post-biopsy, polypectomy, tumor bleeding, as well as post-EMR and ESD;
- Allows for easy irrigation with water during procedures;i
- Provides control of delivery and anti-reflux capability through the applicator design, which can prevent occlusion and treat hard-to-reach bleeds;i
- Features an Air Compressor of small, portable design and provides consistent air pressure to propel powder to the bleeding site, while helping prevent the white-out effect common with CO2 propellant; and
- Helps accelerate the body's clotting cascade: AMP particles work by absorbing water from blood, causing a high concentration of platelets, red blood cells, and coagulation proteins.
Performing hemostasis within the GI tract is a technically demanding procedure and use of EndoClot PHS and associated devices may result in patient injury including but not limited to inflammatory reaction, bowel rupture and air embolism.
The EndoClot SIS System is intended for use in gastrointestinal endoscopic procedures for submucosal lift of polyps, adenomas, early-stage cancers or other gastrointestinal mucosal lesions, prior to excision with a snare or endoscopic device. Key benefits of the EndoClot SIS solution include:i
- A long-lasting, higher lift that may create significant mucosal separation allowing for easier dissection;
- Accurate delivery to the targeted area owing to the unique spiral syringe design; and
- A lack of residual artifacts that may cause abnormalities during pathological investigations.
Use of a lifting agent during EMR/ESD/POEM and difficult polypectomy and the associated devices may result in patient injury, bleeding and/or perforation.
"Physicians are making important strides toward improved outcomes and elevating the patient experience," said Tony Sullivan, Executive Director, Core GI Solutions, Olympus Corporation of the Americas. "Our goal is to support clinicians in treating some of the most pressing challenges across the care continuum, including achieving improved levels of hemostasis. Our work with EPI is based on these objectives, and we are excited for these launches."
The EndoClot SIS and PHS Systems are commercially available today. For more information about EndoClot PHS, visit medical.olympusamerica.com/products/endoclotphs. For more information about EndoClot SIS, visit medical.olympusamerica.com/products/endoclotsis.
Olympus is passionate about creating customer-driven solutions for the medical industry. For more than 100 years, Olympus has focused on making people's lives healthier, safer and more fulfilling by helping to detect, prevent, and treat disease; furthering scientific research; and providing public safety.
As a leading medical technology company, Olympus uses innovative capabilities in medical technology, therapeutic intervention, and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic, and minimally invasive procedures to improve clinical outcomes, reduce overall costs, and enhance the quality of life for patients and their safety. Olympus' Medical portfolio includes endoscopes, laparoscopes, and video imaging systems, as well as surgical energy devices, system integration solutions, medical services, and a wide range of endotherapy instruments for endoscopic and therapeutic applications. For more information, visit medical.olympusamerica.com.
i Data on file with Olympus as of 16/Aug/2022
ii Bustamante-Balén M, Plumé G. Role of hemostatic powders in the endoscopic management of gastrointestinal bleeding. World J Gastrointest Pathophysiol. 2014 Aug 15;5(3):284-92. doi: 10.4291/wjgp.v5.i3.284.
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SOURCE Olympus Medical Systems Group | https://www.mysuncoast.com/prnewswire/2022/09/12/olympus-announces-us-distribution-endoclot-polysaccharide-hemostatic-spray-endoclot-submucosal-injection-agent/ | 2022-09-12T16:39:47Z |
Venice’s ShorePoint Hospital to close
VENICE, Fla. (WWSB) - A hospital that’s been a mainstay in downtown Venice for decades will be closing Sept. 22.
ShorePoint Health Venice on Monday announced plans to focus on outpatient services, where consumer demand is growing.
The multistory hospital on the north end of The Rialto will close effective Sept. 22. The fate of the building is still to be determined, said Danielle Gagliano, the hospital’s marketing manager.
HealthPark, Venice’s ambulatory campus, will continue operating and align with ShorePoint Port Charlotte. The ShorePoint Medical Group physician specialist network in Venice will continue seeing patients in their current practices.
The decision came just months after Sarasota Memorial Hospital opened a five-story, 365,000-square-foot hospital less than five miles away, SharePoint officials said.
SharePoint had opposed the approval of the SMH expansion, arguing state health planning data showed there was not a need for more inpatient beds in the area, Monday’s news release from SharePont said.
“The hospital has experienced a significant decline in the number of patients seeking inpatient care at the hospital,” the news release noted. “Additionally, rising labor costs and staffing challenges for all healthcare organizations following the COVID pandemic, inflationary pressure, and other dynamics make it difficult to operate successfully in today’s environment.”
Even with the hospital closing, Gagliano says the area should not see a gap in services. “There are really great options here,” she told ABC7. “We feel we’re leaving the community in good hands with in-patient options.”
“These and other factors are why the difficult but necessary decision was made to close the hospital and focus on outpatient services where patient demand continues to grow in Venice and the surrounding areas, and across the healthcare industry in general,” the news release said.
As part of the plan to wind down operations, Emergency Services will be discontinued Aug. 29 at 7 a.m. Other services will wind down in a phased approach.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/22/venices-shorepoint-hospital-close/ | 2022-08-22T17:17:34Z |
US disrupts North Korean hackers that targeted hospitals
NEW YORK (AP) — The FBI and Justice Department recently disrupted the activities of a hacking group that was sponsored by the North Korean government and that targeted U.S. hospitals with ransomware, ultimately recovering half a million dollars in ransom payments and cryptocurrency, Deputy Attorney General Lisa Monaco said Tuesday.
Monaco revealed new details of the attacks during a speech in which she encouraged organizations hit by ransomware to report the crime to law enforcement, both so that officials can investigate and so that they can help victim companies try to get ransom payments back.
In this case, Monaco said, a Kansas hospital that paid a ransom last year after being attacked by ransomware also contacted the FBI, which traced the payment and identified China-based money launderers who assisted the North Korean hackers in cashing out the illicit proceeds. The FBI was able to recover half a million dollars, including the entire ransom payment from the hospital.
“If you report that attack, if you report the ransom demand and payment, if you work with the FBI, we can take action,” Monaco said at the International Conference on Cyber Security, hosted by Fordham University. “We can follow the money and get it back; we can help prevent the next attack, the next victim; and we can hold cybercriminals accountable.”
U.S. officials in 2021 scrambled to confront a wave of high-profile ransomware attacks — in which hackers encrypt or lock up a victim’s data and demand exorbitant sums to return it — including against a crucial fuel pipeline on the East Coast. Though the pace of such large-scale, front-page attacks seems to have slowed, smaller targets — such as hospitals — continue to be affected.
FBI Director Christopher Wray said at the same conference that a particular challenge is that ransomware, once largely the province of garden-variety cyber criminals looking to extort cash, is now being increasingly deployed by hostile governments who are eager for destruction.
“The other thing we’re seeing more and more of is ransomware actors doing more than just locking up the system,” Wray said. “They’re exfiltrating the information, they’re threatening to release your proprietary information.”
This particular variant of ransomware, known as “Maui,” specifically targeted hospitals and public health organizations around the country.
Justice Department officials say the attack on the Kansas hospital, which they did not identify, took place in May 2021 when hackers encrypted the medical center’s files and servers. The hospital paid about $100,000 in Bitcoin to get its data back.
The department said that in addition to recovering the payment from the Kansas hospital, it also got back a payment from a health care provider in Colorado that was affected by the same Maui ransomware variant.
____
Follow Eric Tucker at http://www.twitter.com/etuckerAP
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/19/us-disrupts-north-korean-hackers-that-targeted-hospitals/ | 2022-07-19T20:36:15Z |
NEW YORK, June 24, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of CareDx, Inc. (NASDAQ: CDNA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/caredx-inc-loss-submission-form/?id=29051&from=4
This lawsuit is on behalf of all persons or entities who purchased CareDx common stock between February 24, 2021, and May 5, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 22, 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, CareDx, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants had engaged in a variety of improper and illegal schemes to inflate testing services revenue and demand, including pushing a surveillance protocol through inaccurate marketing materials, offering extravagant inducements or kickbacks to physicians and other providers, and improperly bundling expensive testing services with other blood tests as part of the Company's RemoTraC service for remote, home-based, blood-drawing; (2) these practices, and others, subjected CareDx to an undisclosed risk of regulatory scrutiny; (3) these practices rendered the Company's testing services revenue reported throughout the class period artificially inflated; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/06/24/cdna-shareholder-alert-jakubowitz-law-reminds-caredx-shareholders-lead-plaintiff-deadline-july-22-2022/ | 2022-06-24T10:14:42Z |
GOTHENBURG, Sweden, Sept. 12, 2022 /PRNewswire/ -- Castellum has met all the conditions for securing the Green Equity Designation on Nasdaq Stockholm and has now become the first large property company in the Nordics to be approved and classified as such.
Today, at 9:30 a.m. ET, Castellum's President and CEO Rutger Arnhult will participate in the bell-ringing ceremony at Nasdaq Tower in New York to highlight the green designation of the company's share on Nasdaq Stockholm.
"It is extremely gratifying that Castellum has received this designation in light of how long and how earnestly the company has worked with all kinds of sustainability issues. The company is thoroughly committed, and its goals are set high. By designating Castellum's equity as green, we clearly show the investor market that Castellum's operations are leading the way and making a difference in the greatest challenge of our time, and help investors to make sensible, sustainable decisions," says Rutger Arnhult, Chief Executive Officer of Castellum AB.
"The fact that Castellum's sustainability performance already exceeds the set requirements by a good margin does not mean in any way that going forward, we will slacken the pace in terms of reaching our own long-term goal of becoming climate-neutral by 2030 at the latest. It is natural for Castellum to always be a driving force for new long-term, climate-positive solutions even outside our own industry," says Rutger Arnhult.
The purpose of Nasdaq's Green Equity Designation is to provide increased visibility for investors who are looking for sustainable investments. To meet the criteria for a green share, at least 50 per cent of sales and 50 per cent of investments must be considered green, and less than 5 per cent of assets can be linked to fossil fuels.
Castellum has engaged the research company Cicero Shades of Green as an external party for the review of the application process. Cicero reports that 60 per cent of sales and 62 per cent of investments meet the requirements for being considered green.
"As one of the first major property companies, we are incredibly proud that our share has now received Nasdaq's Green Equity Designation and can thereby be classified as green. Interest in investing sustainably has increased markedly over the last several years, and going forward green investments will be crucial in reaching our shared sustainable development goals and achieving a climate-neutral world," says Filip Elland, Chief Sustainability Officer at Castellum AB.
For further information, please contact:
Rutger Arnhult, CEO Castellum AB, +46 704-58 24 70
Filip Elland, Chief Sustainability Officer Castellum AB, +46 70-320 63 26
About Castellum
Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 30 June 2022, the property value totalled approximately SEK 185 billion, including the ownership share of the Norwegian company Entra ASA. We are active in attractive Nordic growth regions. One of our sustainability goals is to become entirely climate neutral by 2030 at the latest. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap.
Beyond expectations.
www.castellum.se
This information was brought to you by Cision http://news.cision.com
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SOURCE Castellum | https://www.kxii.com/prnewswire/2022/09/12/castellums-share-receives-green-equity-designation-nasdaq/ | 2022-09-12T07:37:56Z |
Distinction Validates E-Core's Rigorous Training, Industry-Leading Specializations and
High Customer Satisfaction
WHITE PLAINS, N.Y., July 28, 2022 /PRNewswire/ -- e-Core, one of the technology industry's most trusted partners for helping customers around the globe unlock the value of tech investments, was recognized today by Atlassian for becoming an Atlassian Specialized Partner to achieve cloud, agile at scale, and ITSM certifications.
Whether companies are navigating extremely complex migrations from on premise to the cloud, expanding to enterprise agility or managing end to end delivery of workplace technology from laptops to servers to apps, customers can now depend on e-Core to help them succeed and accelerate growth. Achieving these specializations isn't a designation easily won – it takes ongoing expertise and dedication in a competitive field spanning some of the most accomplished tech brands around the globe.
Atlassian is one of the world's most prestigious software companies. Based in Australia with major operations in San Francisco and the U.K., the company is sought after by leading software developers and project managers. In the third quarter of 2022 alone, Atlassian reported serving 234,575 customers in over 190 countries, with 10 million monthly active users.
Launched in May 2021, the Atlassian Specialization Program provides a clear distinction to companies such as e-Core who have completed rigorous training and demonstrated a consistent track record of delivering high-quality services and customer satisfaction.
"When we first partnered with Atlassian more than 14 years ago, we wanted to help companies overcome immense technology integration challenges, break silos and grow faster than they ever thought possible," said Marco Roman, Head of North American Field Operations at e-Core. "Achieving Atlassian Specialized Partner certification in three areas that are key to the future of the technology industry is testament to our deep knowledge and commitment to innovation that we tap every day to fuel our customers' growth."
For more information on e-Core's Atlassian Specialization Programs certifications in cloud, agile at scale, and ITSM, visit: https://www.e-core.com/na-en/blog-post/atlassian-specialized-badges/
About e-Core
Let our experience be the core of our partnership with you. For more than 22 years, e-Core has been a trusted technology partner for customers around the globe, helping them to unlock the value of technology investments. Leverage e-Core's expertise to improve processes, expand your software team, or build custom solutions on your behalf. Transform your business, scale for growth, and continuously improve your competitive advantage.
Contact:
Michael Johnston
Co-Communications
(617) 549-0639
mjohnston@cocommunications.com
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SOURCE e-Core | https://www.wibw.com/prnewswire/2022/07/28/e-core-recognized-by-atlassian-specialized-partner-all-three-cloud-agile-scale-itsm-categories/ | 2022-07-28T20:37:47Z |
COLUMBIA, S.C. (AP) — It’s unknown how long a stay will hold off the execution of Richard Bernard Moore — South Carolina’s first-ever inmate to be put to death by a firing squad — as his attorneys pursue legal challenges.
But the issuance of Moore’s death warrant, initially planned to be carried out April 29, has renewed interest in how a state puts in motion its plans to shoot an inmate to death. The method is employed in only a handful of states and has not been used in the U.S. in more than a decade.
South Carolina just instituted the firing squad option last year, giving condemned inmates the choice between that and electrocution, prompted by an inability to procure lethal injection drugs.
In choosing the firing squad, the 57-year-old Moore said he didn’t concede that either method was legal or constitutional but that he more strongly opposed death by electrocution and only opted for the firing squad because he was required to make a choice.
Moore drew the death sentence for the 1999 killing of convenience store clerk James Mahoney in Spartanburg. Planning to rob the store for money to support his cocaine habit, investigators have said that Mahoney pulled a gun, which Moore was able to wrestle away and use to shoot the clerk.
A May 13 execution date has also been set for another inmate, Brad Sigmon, although a state judge is examining his legal argument that both electrocution and the firing squad are “barbaric” methods of killing.
Only three executions in the United States have been carried out by firing squad since 1976, according to the Washington-based nonprofit Death Penalty Information Center. Moore’s would mark the first since Ronnie Lee Gardner ’s 2010 execution by a five-person firing squad in Utah.
WHEN DID THIS PROCESS BEGIN?
South Carolina — once home to one of the busiest death chambers in the nation — has been unable to carry out any execution since 2011, an involuntary pause that officials have attributed to the state’s inability to procure the trifecta of drugs needed to carry out a lethal injection. Condemned inmates had the choice between injection and electrocution, meaning that opting for the former would in essence leave the state unable to carry out the sentence.
For several years, lawmakers have mulled adding the firing squad as an option to approved methods, but debate never advanced. Last year, Democratic Sen. Dick Harpootlian and GOP Sen. Greg Hembree, both of whom previously served as prosecutors, again argued in favor of adding the firing squad option.
“The death penalty is going to stay the law here for a while. If it is going to remain, it ought to be humane,” Harpootlian said, positing that the firing squad provided a more humane alternative than electrocution, if executions were to continue in the GOP-dominated state.
The measure, which Republican Gov. Henry McMaster signed into law last May, made South Carolina the fourth state in the country to allow use of a firing squad, according to the Washington-based nonprofit Death Penalty Information Center.
HOW IS THE EXECUTION CARRIED OUT?
Since the bill’s passage, the South Carolina Department of Corrections worked at retrofitting its existing death chamber in Columbia — where executions by lethal injection and electrocution have been carried out for more than 30 years — to accommodate the needs of a firing squad.
The agency spent $53,600 in state funding on renovations, including the installation of bullet-resistant glass between the death chamber and witnesses, as well as a metal chair into which the inmate will be strapped. They also cut into the brick wall of the chamber to make an aperture through which the three shooters — all volunteer employees from the Corrections Department — will thread their weapons, all loaded with live ammunition.
The aperture is 15 feet from the condemned, situated in a corner of the room, according to a memo released last month by the prisons agency. While the inmate will be visible to witnesses, officials said that the shooters and their weapons will not.
The electric chair, which officials say cannot be removed from the chamber, will be covered in its spot between the glass wall and the firing squad chair.
After an opportunity to make a final statement, the inmate will be strapped into the chair and a hood placed over his head. An execution team member will place a “small aim point” over the inmate’s heart.
After the warden reads the execution order, officials said the team will fire. The agency has not specified what caliber rifles the volunteer shooters will use, nor details of the “certain qualifications” they will be required to have met.
WHO WILL BE THERE TO WITNESS IT?
Aside from the state officials in the chamber to carry out the execution, three media witnesses may attend the execution, as well as three witnesses from the victim’s family, according to the Corrections Department.
State law also allows religious and legal counsel for the inmate, as well as representatives from law enforcement and local prosecutors.
WHAT HAPPENS AFTERWARD?
As is standard with all South Carolina executions, a physician will examine the inmate and make a death declaration. A photo released by Corrections officials shows a lipped metal basin underneath the inmate chair, as well as a rectangular box directly behind it, potentially to absorb the gunfire.
Immediately thereafter, the witnesses will be escorted from the room and taken to the Corrections headquarters building, where other media will be gathered.
Out of sight of the witnesses, the inmate’s body is removed from the chamber and taken by the Richland County Coroner’s Office for an autopsy before being returned to the inmate’s family.
___
Meg Kinnard can be reached at http://twitter.com/MegKinnardAP. | https://cw33.com/news/u-s-news/ap-u-s-headlines/explainer-how-south-carolina-execution-firing-squad-works/ | 2022-04-23T17:32:00Z |
LONDON, June 13, 2022 /PRNewswire/ -- A tsunami of private capital has left Russia and the Ukraine, the UK has lost its wealth hub crown, and the US is fading fast as a magnet for the world's wealthy, with the UAE expected to overtake it by attracting the largest net inflows of millionaires globally in 2022, according to the latest Henley Global Citizens Report , which tracks private wealth and investment migration trends worldwide.
The Q2 report released today by international residence and citizenship by investment advisory firm Henley & Partners exclusively features the latest projected 2022 net inflows and outflows of US dollar millionaires (namely, the difference between the number of HNWIs who relocate to and the number who emigrate from a country) as forecast by New World Wealth .
As expected, Russia has suffered the biggest emigration of millionaires over the past six months, with forecast net outflows of 15,000 by the end of 2022 — a massive 15% of its HNWI population and 9,500 more than in 2019, pre-pandemic. Russia's invasion is in turn driving a steep spike in outgoing HNWIs from Ukraine, which is predicted to suffer its highest net loss in the country's history — 2,800 millionaires (42% of its HNWI population) and a net loss of 2,400 more than 2019. No country-specific figures are available for 2020 and 2021 owing to Covid-related lockdowns and travel restrictions.
Projected figures on the Henley Private Wealth Migration Dashboard show the top 10 countries for net inflows of HNWIs in 2022 will be the UAE, Australia, Singapore, Israel, Switzerland, the US, Portugal, Greece, Canada, and New Zealand. Large numbers of millionaires are also expected to move to 'the three Ms': Malta, Mauritius, and Monaco. On the flip side, the 10 countries with the highest net outflows are forecast to be Russia, China, India, Hong Kong, Ukraine, Brazil, the UK, Mexico, Saudi Arabia, and Indonesia.
Dr. Juerg Steffen , CEO of Henley & Partners , says by the end of the year, 88,000 millionaires are expected to have relocated to new countries, 22,000 fewer than pre-pandemic in 2019. "Next year (2023), the largest millionaire migration flows on record are predicted — 125,000 — as affluent investors and their families earnestly prepare for the new post-Covid world order."
According to the latest data, the UK, once touted as the world's financial center, continues to see a steady loss of millionaires, with net outflows of 1,500 predicted for 2022. This trend began five years ago with the Brexit vote, and it's estimated that the UK has suffered a total net loss of approximately 12,000 millionaires since 2017.
America is also notably less popular among migrating millionaires, in part due to the threat of higher taxes. The country still attracts more HNWIs than it loses to emigration, with a net inflow of 1,500 projected for 2022, although this is a staggering 86% drop from 2019 levels, which saw a net inflow of 10,800 millionaires.
By contrast, the UAE has become the focus of intense interest among affluent investors and is expected to see the highest net influx of HNWIs globally in 2022, with 4,000 forecast — a dramatic increase of 208% versus 2019's net inflow of 1,300 and one of its largest on record.
Commenting in the Henley Global Citizens Report , award-winning journalist Misha Glenny says affluent Russians are moving to the UAE and Israel in large numbers. "Well before the imposition of sanctions on the Russian banking system, there was a tsunami of capital leaving the country, largely prompted by the increasingly capricious governing style of President Vladimir Putin and his demands of loyalty made on middle-class and wealthy Russians."
Prof. Trevor Williams , former Chief Economist at Lloyds Bank Commercial, says emerging economies are forecast to boom in the next decade. "The number of HNWIs in Sri Lanka is forecast to increase by 90% by 2031, while India and Mauritius's millionaire growth is forecast at 80%, and China's at 50%, compared to just 20% in the USA and 10% in France, Germany, Italy, and the UK."
Read the full Press Release
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SOURCE Henley & Partners | https://www.mysuncoast.com/prnewswire/2022/06/13/millionaires-are-move-again-uae-is-place-be-while-russia-is-biggest-loser/ | 2022-06-13T08:22:15Z |
LOS ANGELES, July 18, 2022 /PRNewswire/ -- Discovery Behavioral Health, Inc., an expanding network of evidence-based mental health, substance use and eating disorder treatment centers, has acquired Anew Era TMS & Psychiatry, with six TMS centers in California and six in Texas.
The acquisition is part of a continued expansion initiative of Discovery MD, Discovery's Professional Psychiatric Services Division, which offers outpatient treatment in TMS (Transcranial Magnetic Stimulation), Ketamine, Medicated-Assisted Treatment (MAT) for Addiction, medication management, assessment, and referral services.
Discovery President & CEO John Peloquin states, "We are pleased to welcome the team at Anew into the Discovery family. This addition builds on our strategic mission to create a fully integrative care model, with multiple treatment models, both conventional and innovative, available through one access point. A 2022 Harris Poll report revealed that a third of Americans believe it is harder to find a mental health care provider than it is to find a physical health care provider[i]. We are removing those barriers by expanding outpatient and telehealth services in psychiatry and addiction medicine which includes TMS treatment. When people can access a wide range of behavioral health services based on their needs and preferences, they have a greater chance to live happier, more rewarding lives, and that's why we're here."
Everyone deserves a happy, rewarding life. That's why Discovery Behavioral Health has made evidence-based, outcome driven healthcare accessible and affordable since inception. With a full continuum of care – detoxification, medical residences, residential treatment centers, partial hospitalization, intensive outpatient, outpatient, psychiatric and addiction medicine, TMS, virtual and telehealth services, we can offer the right care at the right time for adults or teens struggling with mental health, substance use or eating disorders. We are a contracted provider with 100 payers and other managed care organizations. Our portfolio of more than 145 treatment centers includes service lines in successful operation since 1985. When treatment is complete, our patients become part of Discovery's growing family of alumni, connected through free aftercare programs, support groups, activities, and a caring community. Because when quality behavioral healthcare is within reach, so is happiness.
Press Contact:
Greg Ptacek
Communications
Discovery Behavioral Health, Inc.
gregptacek@me.com
323-841-8002 mobile
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SOURCE Discovery Behavioral Health | https://www.kxii.com/prnewswire/2022/07/18/discovery-behavioral-health-acquires-anew-era-tms-amp-psychiatry-with-12-locations-california-texas/ | 2022-07-18T19:22:21Z |
NEW YORK, April 5, 2022 /PRNewswire/ -- Resulticks today announced that it has joined the Qualcomm Smart Cities Accelerator Program to collaborate on transforming the landscape of real-time customer engagement and communications. Together with the best of Qualcomm Technologies' IoT solutions and services, Resulticks' customer engagement solution will add new dimensions to end-consumer experiences, while also accelerating top-line growth for brands.
As one of the fastest growing AI-powered customer engagement solutions, Resulticks has always been ahead of the curve in enabling seamless journeys across the offline and online worlds through the handling of streams of data, events, and digital signals at scale. With the ever-increasing demand for context-based targeting and hyper-personalization, there are infinite ways in which these signals, communications, and analytics can come together at every juncture of the customer lifecycle from lead acquisition to conversion resulting in loyalty.
As part of the Qualcomm Smart Cities Accelerator Program, Resulticks can now facilitate brands to go beyond the usual touchpoints in this journey to leverage the signals from a gamut of sensors, wearables, smart devices, and digital screens that has remained largely untouched today.
"We are pleased to have Resulticks join the Qualcomm Smart Cities Accelerator Program ecosystem where we can together accelerate digital transformation and make it easier for businesses and entities looking to deliver smart AI-powered solutions for enhanced customer engagement," said Ashok Tipirneni, director and head of platform product management, Smart Cities, Qualcomm Technologies, Inc.
"Our aspiration has always been to be at the forefront of digital evolution, transformation and customer engagement," said Mani Gopalaratnam, CEO, Resulticks. "For example, we are one of the first solutions of our kind to leverage edge and serverless technology and WebAssembly technologies to deliver what is really real-time engagement. But, it is also not about technology for technology's sake. With Qualcomm Technologies, we believe we have all the right ingredients in the right place and at the right time to deliver smart solutions across verticals like retail, telecom, and banking that will deliver tangible outcomes to businesses, consumers, and the entire ecosystem. We are delighted and looking forward to making a difference with Qualcomm Technologies."
About Qualcomm
Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.
Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business.
About Resulticks
Resulticks is a real-time, big-data-driven customer engagement solution built from the ground up by experts in marketing, technology, and business strategy to deliver topline growth. Outcomes-focused and enabled by the world's first customer data blockchain, Resulticks equips brands to make a transformational leap to true omnichannel engagement. With its AI-powered, customer-centric approach and attribution at the segment-of-one level, Resulticks is changing how brands worldwide reach, acquire, and retain satisfied customers. For more information, please log on to www.resulticks.com. Follow Resulticks on LinkedIn, Twitter, and Facebook.
Qualcomm is a trademark or registered trademark of Qualcomm Incorporated.
Qualcomm Smart Cities Accelerator Program is a program of Qualcomm Technologies, Inc. and/or its subsidiaries.
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SOURCE Resulticks | https://www.wibw.com/prnewswire/2022/04/05/resulticks-brings-real-time-smart-customer-engagement-solutions-verticals-qualcomm-smart-cities-accelerator-program/ | 2022-04-05T15:39:03Z |
Florida’s Shelton, Texas’ Stearns win NCAA tennis titles
CHAMPAIGN, Ill. (AP) — Ben Shelton rallied to beat San Diego’s August Holmgren and give Florida back-to-back men’s singles national championships and Peyton Stearns of Texas took the women’s title with a straight-sets win over Stanford’s Connie Ma on Saturday at the Khan Outdoor Tennis Complex. Stearns, a sophomore and the No. 2 seed, avenged one of only two season losses when she beat Ma 6-3, 6-2. Stearns won the program’s first singles title and became the first Texas woman to make a finals appearance since 1995. Second-ranked Shelton defeated No. 6 Holmgren 4-6, 6-3, 6-2. The Gators became the first men’s tennis program since 2004-05 to have different competitors win back-to-back titles. | https://localnews8.com/sports/ap-national-sports/2022/05/28/floridas-shelton-texas-stearns-win-ncaa-tennis-titles/ | 2022-05-28T23:32:30Z |
A Walk In The Cold event steps in for local rescue mission
IDAHO FALLS, Idaho (KIFI) - The Idaho Falls Rescue Mission held its first annual "Walk in the Cold" event Saturday morning.
The 5K walk around downtown Idaho Falls helped raise awareness and support for the growing homeless population in East Idaho.
“There are very real situations where people are in very cold weather all the time," said event planner Olivia Stauffer. "And right here in our own community. So our goal is to just educate people while we're here, while we're having a good time, and we hope that those volunteers get involved after the event.”
The directors of IFRM hoped the event would help more people become aware of the resources they offer.
“Most people that I go out and talk to about homelessness don't even know that it's an issue," said IFRM Director Tyler Perkins. "They've never even heard of Idaho Falls Rescue Mission to the shelters. And so this is actually specifically planned to bring the community out and be a community education piece for not only us but all of the organizations that we partner with.”
Participants helped raise money for the local rescue mission.
Several local businesses made donations to the event.
“As part of this event as Rescue Mission came to us to see if we could do anything to help support," said one owner of Eagle Rock Indian Motorcycles Todd Williams. "We provided them with a side-by-side to raffle off in order to help generate a little bit more money for the good cause.”
More than 260 people came out to support the event. Some of the Participants had even been homeless at some point.
James Folk moved to Idaho after a traumatic car accident. When his friends turned him away, he was able to walk through the doors of the Idaho Falls Rescue Mission.
“I have a stick," said Folk while waving a long walking stick. "I walked through the door almost two years, a little over two and a half years ago, and this very stick is the same one, and I'm going to use it in a walk today.”
Those involved say they were moved by the overwhelming support from the community.
“People have come together to help support this because it's a need a it's something really important. And this is one of the reasons why we've made Idaho Falls our home,” said Williams.
Organizers say the event was extremely successful and they hope to have a bigger crowd next year. | https://localnews8.com/life/2022/04/02/a-walk-in-the-cold-event-steps-in-for-local-rescue-mission/ | 2022-04-02T22:10:53Z |
First cryptocurrency donation in the world of this magnitude received by Al Jalila Foundation to support Hamdan Bin Rashid Cancer Charity Hospital
DUBAI, UAE, Sept. 1, 2022 /PRNewswire/ -- The founders of QUINT, the DeFi project championing the mainstream adoption of DeFi, metaverse, token and blockchain technologies, have donated an equivalent value of USD 16 million to Al Jalila Foundation, a member of the Mohammed Bin Rashid Al Maktoum Global Initiatives, dedicated to transforming lives through medical innovation.
The donation, the first of its kind in the UAE and the largest of its kind in the world, was made to support Hamadan Bin Rashid Cancer Charity Hospital through a specially-devised locking and vesting mechanism that will make the required funds available to Al Jalila Foundation over the 3-year construction of the hospital's bone marrow transplant centre. After the full realisation of the donation, the facility will be named "QUINT Bone Marrow Transplant Centre" upon launch.
QUINT, a flagship DeFi project on the BSC chain, has innovated the idea of super-staking pools that allow investors to benefit from real-world rewards and investment opportunities. The Quint boutique NFT Market Place connects the Metaverse to the Physical World through innovative Token Frames. In May 2022 Quint partnered with Galaxy Racer (GXR), a transmedia powerhouse focused on esports, content creators, music, and sports, headquartered in Dubai, and became the native token for the GXR ecosystem. The Quint ecosystem is also supporting the Dubai Metaverse Strategy launched recently by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council.
Mr Mohammed Al Bulooki, Chairman of Quint, said: "Quint's founders, developers and partners support Al Jalila Foundation's aim of transforming lives through medical research, and are delighted to be able to contribute to this mission. Quint prides itself on contributing to community well-being and holding itself to high standards of governance and ethics. As part of our mission of connecting the metaverse to the real world, and boosting mainstream adoption of cryptocurrencies and DeFi, we are pleased to be amongst the first to embrace crypto philanthropy in the UAE and the Middle East."
To learn more about Quint's Ecosystem, visit:
Website: https://quint.io/
Telegram: https://t.me/projectquint
Twitter: https://twitter.com/projectquint
For more information on Al Jalila Foundation visit: www.aljalilafoundation.a
Contact:
Hisham Wyne
hisham@quint.io
Info@quint.io
+971509433383
Photo - https://mma.prnewswire.com/media/1890005/QUINT_Transplant_Centre.jpg
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SOURCE Quint | https://www.wibw.com/prnewswire/2022/09/01/quint-founders-donate-usd-16-million-establish-quint-bone-marrow-transplant-centre-dubai/ | 2022-09-01T15:19:40Z |
CHICAGO, June 1, 2022 /PRNewswire/ -- The Vistria Group, a middle-market private investment firm focused on delivering both financial returns and societal impact through investments in essential industries like healthcare, education and financial services, today announced two key additions to its Investor Relations team, welcoming former State Street Global Advisors Managing Director Gennell Jefferson and Senior Associate Katherine Eilers.
"We are extremely proud to add two talented individuals to our Investor Relations team," said Kip Kirkpatrick, Co-CEO and Senior Partner at The Vistria Group. "Gennell is a rock star in the industry who has worked with us as a limited partner for almost 10 years. She knows our unique market position and brings a deep understanding of what makes us special and attractive to investors. Katherine adds to our portfolio of talent with her background in capital fundraising, investor communications, and project management."
"Since our first day we have told our investors that we were going to re-invest in our business every chance we got – especially when talented people become available," said Marty Nesbitt, Co-CEO and Senior Partner at The Vistria Group. "We could not be more excited about Genell, Katherine and Rob working together to help us communicate with our outstanding group of limited partners."
Jefferson and Eilers will support the firm's investor relations efforts overseen by Rob Parkinson, Senior Partner.
Jefferson joined The Vistria Group in April 2022 as a partner in Investor Relations following a distinguished career in asset management and investment banking. Previously, she was a Managing Director of Private Equity and Business Development at State Street Global Advisors, a $4 trillion global asset manager. She managed a private equity portfolio of $1.7 billion and served on the advisory boards for firms specializing in communications, education, financial services, healthcare, media and technology. Jefferson was appointed by the CEO to lead a global Diversity, Equity and Inclusion team to counter racism and inequality in the asset management industry.
Prior to joining State Street via the 2016 acquisition of GE Asset Management, Jefferson was a Senior Vice President of Strategic Business Development where she led the Diverse & Emerging Managers Program. She was previously an investment banker at firms including Bank of America and Lehman Brothers where she specialized in capital markets structuring and underwriting, raising over $600 billion in debt and equity financings for Fortune 500 corporations.
Jefferson serves on the board of directors of the National Association of Securities Professionals, A Better Chance, Inc. and Francis W. Parker School in Chicago. She earned a B.S. in Engineering from Washington University and an MBA from the University of Michigan.
"The Vistria Group is changing the face of private equity, literally and figuratively," Jefferson said. "The firm is ushering in a new era of inclusive capitalism focused on creating impactful health, wealth and educational outcomes for the ultimate benefit of society. Moreover, our team is incredibly diverse — across a variety of dimensions — which enhances the quality of our decision-making and results. This philosophy is also shared with the companies and communities we invest in."
"With every new team member, our firm continues to grow in a way that is driven by insight and a passion for making a difference," said Marty Nesbitt, Co-CEO and Senior Partner at The Vistria Group. "We are excited to welcome Gennell and Katherine to continue to work alongside us, reinforcing our mission of combining profit with purpose."
Eilers joined The Vistria Group in January 2022 following work as an Associate in the Fund Placement Group at Campbell Lutyens. There she focused on strategic advisory and project management for U.S. private equity and infrastructure fundraises. With a natural acumen for the capital fundraise process, Eilers has played a key role over the past few months in the firm's investor communication and coverage and taking lead on much of the project management-related affairs within the firm's Investor Relations team.
Prior to Campbell Lutyens, she worked at Morgan Stanley in the Investment Solutions Group where she was a sales and product specialist on the Structured Investments Deck. Eilers received a B.B.A. in Finance and Psychology from the University of Notre Dame's Mendoza College of Business and served as captain of the Women's Varsity Lacrosse team.
"The Vistria Group's alignment between investment performance and mission-driven focus to make education, healthcare and financial services more accessible to everyone, but importantly underserved communities, is unmatched in private markets today," Eilers said. "I'm thrilled to work with Rob and Gennell as we continue to build out our investor relations practice and strive to be the best partners to our investors."
Founded in 2013, The Vistria Group now currently manages more than $7 billion in institutional capital across its four Flagship Funds, Structured Credit Fund and co-investment vehicles. The Vistria Group most recently closed on Fund IV at $2.68 billion in June 2021.
About The Vistria Group
The Vistria Group is building a new kind of private investment firm that delivers both financial returns and societal impact. It invests in essential industries like healthcare, education and financial services that deliver value for investors as well as communities, employees, and consumers. The Vistria Group works as a true partner with its portfolio companies, drawing on its deep sector knowledge, operational expertise, unique network, diverse team, and impact orientation to achieve transformational growth. With nearly $7 billion in AUM, The Vistria Group has delivered attractive returns for its investors while achieving positive outcomes for its portfolio companies, and the lives and livelihoods it supports. For more information, please visit www.vistria.com.
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SOURCE The Vistria Group | https://www.kxii.com/prnewswire/2022/06/01/vistria-group-expands-investor-relations-team-with-key-additions/ | 2022-06-01T17:05:26Z |
MADRID (AP) — Spain’s leader has proposed an energy-saving move that many men have already embraced.
Spanish Prime Minister Pedro Sánchez has asked government officials and people working in the private sector to save energy by giving up wearing neckties at work.
Appearing at a news conference in an open-necked white shirt and blue jacket, Sánchez explained he had dressed less formally not as a nod to the casual Friday custom but to curb utility use — presumably air-conditioning, but he did not spell that out.
“I´d like you to note that I am not wearing a tie. That means that we can all make savings from an energy point of view,” the prime minister said at the news conference called to summarize his government’s annual performance.
He said he encouraged his ministers and public officials, “that if not necessary, don’t use a tie.”
Spain has sweltered for more than a month, with temperatures in parts of the country often surpassing 40 degrees Celsius (104 degrees Fahrenheit). The government has urged people to reduce electricity costs by not overusing air conditioning.
Rising energy costs for households and businesses in Spain has been a major issue in recent months, especially since the Russian invasion of Ukraine in February. Sánchez said the government would present a new energy-saving plan next week, but he gave no details.
He said the plan was designed to cut utility bills and to reduce energy dependency on “the aggressor, (Russian President Vladimir) Putin.”
In June, Spain approved economic relief measures worth more than 9 billion euros ($9,2 billion), including reductions in electricity taxes and a one-time payment of 200 euros ($200) for people with low-incomes.
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Follow all AP stories on climate change issues at https://apnews.com/hub/climate-and-environment. | https://cw33.com/technology/ap-technology/ditch-the-necktie-spains-leader-backs-conserving-energy/ | 2022-07-29T17:52:09Z |
TEXAS (STACKER) — One human and more than 37 million birds—comprised mostly of poultry across 172 commercial flocks and 119 backyard flocks in 34 states—have been been affected in the current avian influenza outbreak.
The Centers for Disease Control and Prevention announced in April 2022 that a Colorado man was the first reported U.S. citizen to have contracted the H5N1 virus during the current outbreak. The patient was an inmate at a state correctional facility whose pre-release employment program involved the depopulation, or killing, of poultry at a commercial farm in Montrose County. His only symptom was fatigue, and he has since made a complete recovery.
Stacker compiled statistics on the avian influenza in Texas using data from the U.S. Department of Agriculture. The data is current as of May 9. According to the USDA, the affected count captures the total number of birds on the premises where the H5N1 virus was detected. Although it is possible that not every bird was carrying the virus, all birds within an affected population are culled to prevent further spread.
Impact from state to state varies based largely on the number of commercial operations within each state. In Ohio, just one backyard flock and 20 birds were affected. In neighboring Pennsylvania, close to 4 million birds have been destroyed. Worse still, Iowa, which had the highest number of chickens of any U.S. state in 2021 with 60 million heads, has been the most severely impacted in terms of quantity, losing a little more than 13 million birds since the virus was first reported in a commercial turkey flock in Indiana in February 2022.
The impact of the outbreak is being felt by many Americans at the grocery store. According to the USDA’s Food Price Outlook for April 2022, poultry prices are predicted to increase between 7.5% and 8.5%, and egg prices are predicted to increase between 6% and 7% due, in part, to decreased production at some of the country’s biggest commercial flocks.
Read on to learn more about how the current avian influenza outbreak is affecting wild and commercial birds in your state.
– Number of birds affected in Texas: 1,700
— #20 most birds affected among all states
— 0.0% of all birds affected nationwide
Counties with the most birds affected in Texas
#1. Erath: 1,700 birds affected (100.0% of all cases in Texas)
States with the most birds affected
#1. Iowa: 13.4 million
#2. Nebraska: 4.9 million
#3. Pennsylvania: 3.9 million
#4. Wisconsin: 3.0 million
#5. Minnesota: 2.9 million
You may also like: Most valuable crops grown in Texas | https://cw33.com/news/texas/how-the-avian-influenza-has-impacted-texas/ | 2022-05-10T19:51:40Z |
Students feel ‘unsafe,’ ‘targeted’ by school security guards, amid increase in violent crimes in high schools
By Kati Weis
Click here for updates on this story
DENVER (KCNC) — It’s been a full semester since Denver Public Schools eliminated school resource officers and is only using its in-house security guard unit instead. The elimination was meant to help reduce the “school to prison pipeline,” but some students say they still feel unsafe at school.
“I mean, it’s the same thing, there has been no change there,” said Evelyn Gonzales Miranda, a sophomore at DPS’ Abraham Lincoln High School. “We’re still being targeted; students are always having to look over their shoulders.”
Gonzales Miranda says she and her friends feel uncomfortable around some of DPS’ in-house safety patrol officers.
“I don’t feel super safe as most kids should be,” Gonzales Miranda said.
Another student at a DPS high school, Jacóbo Gracia-Meza, also says his friends have been unfairly targeted by DPS’ safety patrol officers.
“(One of my friends) was just walking home from school with friends, and she noticed that an officer was following them, and my friend confronts the officer, and the officer tells her that he was just following them to make sure they don’t do nothing, because they seem suspicious, and my friend was confused, because they weren’t doing anything,” Gracia-Meza said. “She was furious.”
This, as police data obtained by CBS4 Investigates shows an increase in calls for some violent crimes in schools last semester, even as overall calls for police help in Denver schools are down.
Some say that’s why having some sort of security officer program in school is important.
CBS4 Investigates looked into the numbers for calls for police service to DPS high schools and compared last semester to the fall semesters of 2019 and 2018 — since school wasn’t in person for much of 2020.
While overall, Denver Police were called less to DPS high schools last semester than before, calls for some violent crimes increased.
There were 88 sex assault calls in fall 2021 compared to only 37 in the fall 2019. There were eight assault in-progress calls in fall 2021 compared to only two in 2019, and 23 concealed weapon calls in fall 2021 compared to 19 in 2019.
While the DPS safety patrol officers that replaced Denver police SROs had the ability to write tickets to students last semester, the district says officers didn’t write any tickets to students, but instead turned over 55 cases to Denver Police. The district would not say what types of crimes those cases involved.
In a memo last September to the activist group Movimiento Poder, DPS Superintendent Alex Marrero wrote about some of the crimes the district was seeing.
“There has been a 5% increase in assaults. Of those 38 incidents, only one student was ticketed and/or arrested by Denver Police,” Marrero wrote. “There has been a 21% increase in fights at school (81 total this year) – no one ticketed, and parents were encouraged to allow the discipline process to handle the situation rather than pressing charges.”
But Movimiento Poder believes DPS should spend more money on mental health resources for students, instead of security guards, to deal with school crime.
“Students, community members, parents… have mentioned that they have seen an increase of patrol officers in specific schools and specific neighborhoods,” said Elizabeth Burciaga, a lead organizer with Movimiento Poder.
Movimiento Poder led the charge for a resolution the DPS school board approved two years ago to remove SROs from the district. The group says the security guards as a replacement is not what the resolution called for.
“This has already been in the works for many years in Denver Public Schools,” Burciaga said. “The fact that we have to remind the district to implement this resolution is very concerning, especially because it impacts so many of our historically underrepresented students.”
The group wants DPS to take out its security guards too, saying they have been intimidating students more than helping.
“There are data that shows that if we actually invest in mental health and resources for our students and community members, a lot of the issues of violence and crime would be reduced,” Burciaga said.
DPS School Board Member Tay Anderson says he doesn’t support the complete removal of security guards from schools.
“I believe that in all areas of security enforcement, there needs to be additional training around centering the needs of BIPOC individuals,” Anderson said.
DPS says it has hired 15 new social workers this year that are spread across the largest district in the state.
Students like Gonzales Miranda and Garcia-Meza say there are still long wait lists for counseling in their schools.
“We are not being supported, our system has been failing us constantly,” Gonzales Miranda said. “I think that’s why a lot of bad things happen.”
The DPS superintendent declined an interview for this story, but the district issued the following written statement to CBS4 Investigates:
“Providing for the safety and security of our school communities is always our highest priority, and it takes on added importance at times when crime rates are increasing and impacting our school communities. We know that there is a need for safety and mental health professionals to work collaboratively in keeping our school communities safe. The Denver Public Schools Department of Safety not only works to protect students and educators from outside threats, but also manages situations involving students at our schools. When disciplinary action is necessary, Dept. of Safety officers work within the school district’s discipline matrix to address incidents that may have, in the past, been referred to law enforcement.
“The leadership of the Dept. of Safety recognizes that there have been instances of disproportionality in managing discipline, whether intentional or unintentional, that negatively impact students of color. Our Dept. of Safety officers participate in a variety of trainings every year. Subjects covered are not solely related to their safety and security duties. It also includes instruction on equity, racial biases, and microaggressions. This work by the Dept. of Safety is intentional in addressing disproportionality and being proactive in solutions to address inequity.”
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/news/2022/04/04/students-feel-unsafe-targeted-by-school-security-guards-amid-increase-in-violent-crimes-in-high-schools/ | 2022-04-04T17:35:40Z |
BERLIN (AP) — The German government on Thursday presented plans to make it easier for transgender people to legally change their name and gender, ending decades-old rules that require them to get expert assessments and a court’s authorization.
Under the planned “self-determination law,” adults would be able to change their first name and legal gender at registry offices without further formalities.
The existing “transsexual law,” which took effect in 1981, currently requires individuals to obtain assessments from two experts whose training and experience makes them “sufficiently familiar with the particular problems of transsexualism” and then a court decision to change the gender on official documents.
Over the years, Germany’s top court has struck down other provisions that required transgender people to get divorced and sterilized, and to undergo gender-transition surgery.
The existing law “breathes the spirit of the ’70s,” Germany’s minister for families, Lisa Paus, said. “At the time, the state wanted to help people who were considered psychologically ill, and it set high hurdles for this.”
The current requirements “are not just lengthy and expensive; they are also deeply humiliating, but above all they are completely superfluous,” Paus told reporters in Berlin.
The proposed new rules provide for minors ages 14 and older to change their name and legal gender with approval from their parents or guardians; if they don’t agree, teenagers could ask a family court to overrule them.
In the case of children under 14, parents or guardians would have to make registry office applications on their behalf.
Paus said that after a formal change of name and gender is registered, no further changes would be allowed for a year, a provision intended to “ensure the seriousness of the desire to change.” The proposed legislation focuses on individuals’ legal identities; it does not involve any revisions to Germany’s rules for gender-transition surgery,
The minister said the regulation also would allow fines in cases where information on a person’s gender or name change is disclosed without their permission.
The key points of the plan published Thursday also include an unspecified amount of compensation for transgender and intersex people who were “affected by bodily harm or forced divorces under previous legislation.”
“It is time for us to apologize to the affected for this injustice and compensate them,” Paus said.
Justice Minister Marco Buschmann said he’s confident that new legislation incorporating the changes will be brought to the Cabinet later this year. It will then require approval by parliament’s lower house, in which Chancellor Olaf Scholz’s governing coalition of three socially liberal parties has a comfortable majority.
The change is the second in a series of planned liberalizing reforms that Scholz’s government has tackled since taking office in December. Last week, lawmakers voted to end a ban on “advertising” abortions that led in the past to doctors being prosecuted for providing information about the procedure to potential patients.
The coalition government aims to produce legislation later this year to legalize the sale of cannabis for recreational purposes. It also wants to ease the path to German citizenship, lift restrictions on dual citizenship and reduce the minimum age for voting in national and European Union elections from 18 to 16. | https://cw33.com/news/international/ap-international/germany-plans-to-ease-rules-for-formal-changes-of-gender/ | 2022-07-01T00:16:35Z |
Sammons Senior
Center, June 21
North/South
1st Linda Smith and Maxine Johnson
2nd Irv Cummings and JoAnn Nalle
East/West
1st Beverly Kermode and Owen Messenger
2nd Mary Wilson and Lois Miller
Sammons Senior
Center, June 23
North/South
1st Irv Cummings and JoAnn Nalle
2nd Mark and Connie Bruscato
East/West
1st Tom and Barbara Hauff
2nd T. Bedsole and O. Messenger
Belton Senior Center, June 24
1st Jan Hisle and Becky Prettyman
2nd Geri Gaffney and Ken Camp
3rd Donald and Barbara Johnson | https://www.tdtnews.com/life/article_f39c3166-f945-11ec-81d1-9b55778d8bdb.html | 2022-07-03T08:55:18Z |
COLUMBUS, Ohio, Aug. 18, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named to JUST Capital's 2022 Top 100 U.S. Companies For Workforce Equity and Mobility list, which recognizes companies that set the bar in advancing racial equity and workforce opportunity and mobility.
JUST Capital, in partnership with the Anne E. Casey Foundation, created the list by evaluating Russell 1000 companies on key areas including the opportunity for job advancement, career development programs, diversity, equity and inclusion efforts, fair pay and overall worker benefits.
"AEP is honored to be recognized by JUST Capital for advancing our workforce in diversity, equity and mobility," said Nicholas K. Akins, AEP's chairman and chief executive officer. "Workforce equity and mobility are a crucial part of supporting our employees and creating a culture that reflects the diversity of the communities we serve. We strive to create a supportive, inclusive work environment and will continue our efforts to empower our employees."
Learn more about AEP's strategy to build the workforce of the future.
American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 16,700 employees operate and maintain the nation's largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 7,100 megawatts of renewable energy. The company's plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieving net zero by 2050. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP's family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com.
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SOURCE American Electric Power | https://www.wibw.com/prnewswire/2022/08/18/aep-named-top-100-just-capitals-2022-workforce-equity-mobility-list/ | 2022-08-18T14:04:06Z |
LOS ANGELES, Aug. 3, 2022 /PRNewswire/ -- Caprice Capital Partners, LLC recently underwrote, agented, and served as a sole lender on a 1st lien term loan for Break The Floor Productions ("Break The Floor" or the "Company"). Caprice partnered with Geyser Holdings on its purchase of the Company.
Russell Geyser, Geyser Holdings' founder commented: "The Caprice team was a pleasure to work with and we are extremely pleased to have their support as a growth-minded financing partner for the Company. Caprice's ability to execute with certainty under a tight timeline was instrumental."
Founded in 1999, by a dance industry veteran, Break The Floor is a dance entertainment company providing touring productions, dance workshops, photo and video production, events and apparel. With a broad reach of over 300K+ dancers annually, Break The Floor is one of the preeminent dance entertainment companies in the nation. Break The Floor is the industry standard for dance entertainment and produces ~140 live touring dance conventions and competitions annually catering to different dance styles and skill levels for dancers aged 4 through 18.
Jon Finch, Partner at Caprice commented: "We are excited to partner with Geyser Holdings and Break The Floor in its next phase of growth as a leading dance entertainment company in North America." Robert Choi, Vice President at Caprice, added "Geyser Holdings will provide value-added financial and strategic operational expertise."
Caprice Capital Partners, LLC is a Los Angeles based, relationship-driven private investment firm focused on providing tailored debt and non-control equity solutions to entrepreneurial, non-sponsor backed companies in the lower middle market.
Caprice partners with founder-owners as well as independent sponsors and search funds to support buyout, growth, and recapitalization initiatives. Caprice is most effective with shareholders and management teams that are seeking true partnership and better alignment from their non-control capital partners, particularly given the strategic nature and often complex and time-constrained circumstances of the transaction.
Caprice is industry-agnostic and situation-specific, often providing solutions to companies at or near an inflection point. Caprice tends to be the sole lender providing a capital solution between $5-$50 million to companies with at least $2 million of EBITDA.
Stradling Yocca Carlson & Rauth served as Caprice's legal counsel on the transaction.
Media Contact:
Jessica Cline
jcline@capricecapital.com
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SOURCE Caprice Capital Partners | https://www.mysuncoast.com/prnewswire/2022/08/03/caprice-capital-partners-llc-provides-acquisition-financing-dance-entertainment-company/ | 2022-08-03T16:11:51Z |
SAN JOSE, Aug. 25, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today in partnership with National Philanthropic Trust (NPT) and Vanguard Charitable announced Grant Payments, a new product that enables Donor-Advised Fund (DAF) sponsors, community foundations and other grantmakers to deliver grants to charities quickly and electronically via PayPal.
Grant Payments will enable charities to receive grants shortly after the funds have been approved by the grantmaker. Both grantmakers and charities will have access to all available grant details, including donor information when provided, via a PayPal dashboard. Eligible and participating charities have been vetted per PayPal's strong compliance standards.
"PayPal is committed to offering safe, secure and seamless products and services that drive efficiency for grantmakers and charities to digitally send and receive grant payments," said Oktay Dogramaci, VP of Giving at PayPal. "By partnering with National Philanthropic Trust and Vanguard Charitable, PayPal Grant Payments will enable more than 200,000 PayPal confirmed charities to quickly receive grants electronically, streamlining and simplifying what has historically been a much more manual and drawn-out process."
In 2020, DAF donors granted at historic levels. Grants from DAFs to qualified charities totaled an estimated $34.67 billion, representing a 27.0 percent increase compared to 2019 and the highest DAF grant increase in a decade.1 In 2021 Vanguard Charitable sent out $1.78 billion,2 and NPT sent out $6.4 billion3 in grants to charities; these payments were made almost entirely by check.
This process can be costly and slow, and the pandemic exacerbated delays in charities receiving grant checks due to disruptions with the postal service and the inability of some non-profits to offices with less access to retrieve checks. Grantmakers and non-profits alike can utilize Grant Payments to save time and resources and focus on fulfilling their respective philanthropic missions.
"We are thrilled to partner with PayPal and NPT to bring modern and effective granting solutions to our donors and non-profit partners alike," said Rebecca Moffett, president of Vanguard Charitable. "Charities today need sustainable donor support more than ever. By streamlining the granting process, donors can make an even greater – and faster – impact on meaningful cause areas. We look forward to continuing to bring innovative solutions to the granting space, ensuring that we're always working to increase philanthropy and maximize its impact over time."
"NPT is always interested in innovation and the pandemic amplified the need for non-profits to receive grant dollars more efficiently," said Eileen Heisman, CEO of National Philanthropic Trust. "This solution does that and more. We believe that PayPal-based Grant Payments will simplify and accelerate how grantmakers can get funds to non-profits for mission-critical programs. The partnership with PayPal and Vanguard Charitable on this sector-wide solution could be a game-changer for other funders as well and has been enormously gratifying."
National Philanthropic Trust will begin to roll out Grant Payments this month, with Vanguard Charitable offering the solution in 2023. All eligible US charities with a confirmed charity status with PayPal can receive grants via PayPal from our partner grantmakers. Charities can review the grant information and accept or decline the grant easily within their PayPal dashboard. Interested grantmakers can contact PayPal for more information at grantpayments@paypal.com, and more information can be found here.
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering 429 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com.
Founded in 1996, National Philanthropic Trust (NPT) marked its 25th Anniversary in 2021 as the largest national, independent public charity that manages donor-advised funds and one of the leading grantmaking institutions in the U.S. Since its founding, NPT has raised more than $40.5 billion in charitable funding and has made more than 541,000 grants exceeding $21.0 billion to non-profits around the world. NPT annually publishes the Donor-Advised Fund Report, the sector's authority on the state of DAF philanthropy. Visit NPT's resource library to learn what you can do with a DAF and about NPT's impact investing options. More at NPTrust.org and NPTGivingPoint.org.
Vanguard Charitable is a leading U.S. non-profit organization that fulfills its mission to increase philanthropic giving by administering a donor-advised fund—a tax-effective way to consolidate, accrue, and grant assets to charity. Since it was founded by Vanguard in 1997 as an independent 501(c)(3) organization, Vanguard Charitable has granted more than $14 billion to charity. Learn more about Vanguard Charitable here.
Media contact:
Tom Hunter
thhunter@paypal.com
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SOURCE PayPal Holdings, Inc. | https://www.wibw.com/prnewswire/2022/08/25/paypal-launches-grant-payments-enabling-charities-quickly-receive-funds-grantmakers/ | 2022-08-25T14:51:20Z |
LINCOLN, Neb. (AP) — Two people were killed and 20 others were injured after a crash that sent two cars careening into a crowd of bystanders while an annual Memorial Day weekend “cruise” night was wrapping up in Nebraska’s capital, police said Monday.
Two women, ages 20 and 22, had been inside one of the cars and died in the Sunday night crash on O Street in Lincoln. Of the injured bystanders, one person was listed in critical condition and the others were treated at hospitals for injuries not believed to be life-threatening, police said.
“We do not believe nor is there any evidence this was an intentional act,” Lincoln police said in a statement.
Lincoln Police Chief Teresa Ewins said in a news conference Monday afternoon that neither of the vehicles involved in the crash was participating in the “Americruise” event, which has been taking place in the city since the early 1990s. It was a collision that could have happened at any time, she said.
“At the time of the collision there wasn’t a lot of people out,” Ewins said. “The cars were not flowing down street as normal during this event.”
Police said the crash happened when a 18-year-old Omaha man driving a black Ford Taurus traveling westbound on O Street struck a white Toyota Corolla that was “facing” eastbound. The women, both in the Corolla, were pronounced dead at the scene. The driver of the Taurus was taken to a hospital with non-life threatening injuries, police said.
The impact drove both vehicles onto the sidewalk. The Taurus had rolled over onto its top, trapping two victims who were rescued by bystanders who pushed the car back on its wheels.
O Street has been a popular spot for cruisers over the Memorial Day weekend and thousands of spectators have gathered at times to watch from business parking lots. However, authorities say some drivers have attempted dangerous maneuvers to excite the crowd, such as burnouts and speeding, and law enforcement had an increased presence this year, the Lincoln Journal Star reported.
“We’ll be changing a lot of things in regards to people that are coming to Lincoln to cause havoc like that,” Ewins said, referring to the extracurricular activity as sideshows. “It’s not acceptable. And yes, things will change.”
A spectator was killed at the event in July 2000 when a non-participant car veered off O Street and hit 39-year-old Connie McCullough. She died shielding her children. | https://cw33.com/news/u-s-news/ap-us-headlines/2-killed-20-injured-after-car-barrels-into-nebraska-crowd/ | 2022-05-31T08:01:10Z |
Among 233 reported attacks against Asian Americans in New York City in the first three quarters of 2021, only seven have so far led to hate crime convictions, according to a new report from the Asian American Bar Association of New York (AABANY).
AABANY analyzed NYPD data and records from the New York court system in their analysis. Of the 233 incidents they counted, 91 led to an arrest. Of the 91 arrests, 41 were charged as hate crimes by local prosecutors and of the 41, seven ended up with a disposition of guilt to a hate crime charge, Elaine Chiu, Professor of Law at St. John's University said at a press conference Tuesday.
At least 20 of the arrest cases are still pending, Chiu said. She added that they also used data from the New York City Mayor's office and news reports from "traditional media" in their report, though no specific media outlets were named. The AABANY analysis differs from the NYPD's tally, which counted 118 anti-Asian hate crime reports over the same time period in 2021. However, the number of hate crimes reported to police are likely an undercount of the true total, with some experts estimating that more than half of all hate crimes go unreported.
Chiu also stated that out of all the boroughs in New York City, their analysis showed that most reported anti-Asian incidents were in midtown Manhattan, with around 55% of the incidents involving a female victim. The highest percentage of AAPI victims fell approximately between the ages of 29 and 49, Chiu added.
Former United States Attorney Loretta Lynch joined representatives from AABANY at their press conference, calling the recent attacks against Asian Americans "an endless tide of anti-Asian violence that we've seen across our city."
"That is the nature of hate crimes -- they spur copycats, they spawn further actions of violence, they lead to desensitization of the basic humanity that we all share. And they make our world, our country, our city less safe for everyone," Lynch said. "It may be part of us, but we are better than this. We can make people safe. We can make people safe feel welcome in their communities. We can give them peace and security and we can eliminate this hate that is based on nothing more than a distinction without a difference."
New York State Assemblymember Ron Kim and New York State Sen. John Liu were also among Tuesday's speakers. Kim noted that the fight against anti-Asian hate also needs to include "some tough conversations about how to overcome the economic injustices that pit communities of color against each other."
"We also need to continue to focus on, 'what are some of the long-term solutions' and have some uncomfortable discussions around economic injustice around communities of color and immigrants, and the reason why every time we have a social or economic or health down turn, Asians are always pitted against Black and brown communities," Kim said. "That's something that will break the cycle of violence, in addition to the legislative, legal fixes that we must implement now."
The AABANY report also states that from March 2020 to December 2021, 10,905 hate incidents were reported to "Stop AAPI Hate," a nonprofit organization that tracks self-reported incidents of anti-AAPI discrimination and hate, with 4,632 reported in 2020 and 6,273 in 2021. The report also noted that the NYPD reported 361% increase in anti-Asian hate crimes in NYC from 2020 to 2021.
Chris Kwok, an AABANY board member and Co-Executive editor of the report outlined nine recommendations that the group is putting forward as a starting point to address the increased hate incidents:
- improve public hate crime data reporting
- recognize the community as victim and investigative partner
- develop better guidance for hate crime investigations
- reform the hate crimes law
- fully fund the study, prevention, and prosecution of hate crimes
- develop anti-bias programming, training in cultural sensitivity, and trauma-assisted counseling
- remedy barriers to reporting of hate incidents
- improve investigative training and tools available to government agencies
- revisit bail reform
"We felt that in an unprecedented era of anti-Asian violence, it was still very difficult for there to be justice and accountability," Kwok said, adding that cultural and linguistic barriers may contribute to the difficulty. "Right now, part of the hate crime law says that it must be whole, or in substantial part motivated by a person's race. We think that presents an obstacle to DA's. We want to make it easier that the hate element can be one part of it."
Kwok added that AABANY supports the motivation behind bail reform, such that people should not have to spend time behind bars due to their socioeconomic status, but said "further conversations" could be held, perhaps to make hate crimes ineligible for bail.
"What we heard as a recurring theme was the invisibility that Asian Americans felt before the law," he said. "We think there is a long history of that invisibility, that Asian Americans feel invisible, but there is a reason for that. It's not just by happenstance. There is a legal history, there is an affirmative history and we want to call that out...We don't think there's active hate like, 'we're going to ignore you,' but it just doesn't exist within the mind of some of the people who are implementing the law."
Tuesday's report is the second report on anti-Asian violence published by AABANY. The first was completed in February 2021, according to Yang Chen, the organization's Executive Director.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/only-7-of-233-reported-attacks-against-asian-americans-in-nyc-in-2021-led-to/article_4c6c8146-c530-5375-8f07-1f9d54b34ddc.html | 2022-06-01T01:45:40Z |
New CheapAir.com Study Reveals Flights to Europe are Cheaper in 2022
CALABASAS, Calif., June 27, 2022 /PRNewswire/ -- CheapAir.com has published its latest year-over-year study, analyzing over 24 million flights to Europe to identify how much airfare has changed since this time last year. With inflation impacting travel costs for much of 2022, it is a pleasant surprise that international airfare to Europe is down 15.1% with the lowest average price coming in at $908 as compared to $1,070 last year. The study also revealed that airfares to Europe are cheaper from almost every U.S. city, with the exception of Boston and New York.
According to the study, the top five U.S. cities with the best departure value compared to 2021 include:
- Phoenix, AZ with a 25% decrease
- Charlotte, NC with a 23.4% decrease
- Dallas, TX with a 23% decrease
- Memphis, TN with a 22.5% decrease
- Milwaukee, WI with a 20.8% decrease
See the full ranking list of 42 U.S. cities here.
The study also notes that the top three European destinations with the biggest savings compared to 2021 include:
- Milan, Italy with a 21% decrease
- Munich, Germany with a 19% decrease
- Brussels, Belgium with a 18% decrease
For additional savings, travelers can follow these tips on how to get the best airfares to Europe:
- Utilize the Europe Summer Flights calendar to check specific itineraries for the best deals.
- Plan ahead and book flights early. According to the CheapAir.com International Airfare Study of 2022, book a flight to Europe approximately 79 days on average from the departure date for the best deal.
- Protect your purchase with Price Drop Payback, which reimburses CheapAir.com customers up to $100 per airline ticket if prices drop after purchase.
- Spread out upfront costs with monthly payments on CheapAir.com flights. *
- Consider flying to Europe in the off-season of September and October with nice weather and summer crowds long gone.
For additional information and the complete ranking list of the 42 U.S. cities with the lowest airfare to Europe, check out the full CheapAir.com 2022 Year-Over-Year European Airfare Study. The study data compares the lowest airfares from the U.S. to Europe between April 1-May 31, 2021 and April 1-May 31, 2022.
*Payment options through Affirm are subject to eligibility, may not be available in all states, and are provided by these lending partners: affirm.com/lenders. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to a California Finance Lenders Law license.
Headquartered in California, CheapAir.com is powered by a team of 50 travel enthusiasts who use cutting edge technology and superior customer service to simplify the way people shop for travel. Our proprietary airfare shopping engine provides an easy-to-understand view of flight and fare options from across the web, to make trip planning easy and joyful. Only CheapAir provides full apples-to-apples comparisons so you can see and book across different airlines and different flights, not just the lowest fares, but also the best value flights based on quality, comfort, and inflight amenities. For expert travel advice, deals and inspiration, connect with us on Facebook or Twitter.
CEO Jeff Klee started CheapAir.com in 1989 from his college dorm room after getting a crash course in the airline industry while planning a backpacking trip through Europe on a student's budget. CheapAir.com still takes a creative approach to helping travelers to find the best trips. Along with its sister company, AmTrav for Business Travelers, CheapAir has helped over five million people buy plane tickets with confidence.
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SOURCE CheapAir.com | https://www.mysuncoast.com/prnewswire/2022/06/27/despite-continued-travel-demand-surprising-decrease-european-airfare-us-travelers/ | 2022-06-27T14:42:01Z |
SOUTHFIELD, Mich., Aug. 31, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 14, 2022, at the Morgan Stanley 10th Annual Laguna Conference. Representing Lear will be:
- Ray Scott, President and CEO
- Jason Cardew, SVP and Chief Financial Officer
Lear's webcast will begin at 12:55 PM EDT (9:55 AM PDT) and will run approximately 30 minutes. The webcast link will be available on the Company's website at ir.lear.com.
About Lear Corporation
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 186 on the Fortune 500. Further information about Lear is available at lear.com or on Twitter @LearCorporation.
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SOURCE Lear Corporation | https://www.kxii.com/prnewswire/2022/08/31/lear-participate-morgan-stanley-10th-annual-laguna-conference/ | 2022-08-31T21:22:58Z |
CHICAGO, July 6, 2022 /PRNewswire/ -- The Foundation for Sarcoidosis Research (FSR) is pleased to announce the appointment of Michael Klingher to the FSR Board of Directors. Klingher has over 35 years' experience as an investment banker and investor in commercial real estate, working with Goldman Sachs and in managing his own real estate opportunity fund focused on the hospitality sector. Klingher obtained his MBA degree from Harvard Business School and a JD degree from Harvard Law School. He is Trustee Emeritus of Wesleyan University and also served for over 10 years on the board of the Westport Country Playhouse, a regional theater in Westport, CT, including 3 years as Board Chair.
"We are thrilled to welcome Michael Klingher to the FSR Board of Directors," said Dr. Louise Perkins, FSR Board President. "Mr. Klingher brings a wealth of experience and business expertise to the board. We know Mr. Klingher's unique perspectives, leadership, and passion will enhance FSR's Board of Directors in our pursuit of a cure and in improving the lives of those impacted by sarcoidosis."
"I feel strongly about FSR's mission and their efforts to have a positive impact on the lives of people with sarcoidosis. I hope my experience will enhance FSR's efforts to advance research and provide patient support," said Klingher. "Additionally, I am also committed to helping FSR lead the way to a more timely and accurate diagnosis of this rare disease, improved care and treatment, and to reduce the barriers associated with underserved individuals impacted by sarcoidosis."
FSR's Board of Directors is comprised of leaders from the business, medical, and patient communities. The Board is responsible for the strategic direction of the foundation. Together with the organization's Scientific Advisory Board (SAB), comprised of international sarcoidosis experts, they help advance FSR's mission by providing strategic advice on its scientific and research programs.
Sarcoidosis is a rare inflammatory disease characterized by the formation of granulomas—tiny clumps of inflammatory cells—in one or more organs of the body. Despite increasing advances in research, sarcoidosis remains difficult to diagnose with limited treatment options and no known cure.
The Foundation for Sarcoidosis Research (FSR) is the leading international organization dedicated to finding a cure for sarcoidosis and improving care for sarcoidosis patients through research, education, and support. Since its establishment in 2000, FSR has fostered over $6 million in sarcoidosis-specific research efforts. For more information and to join our community, visit www.stopsarcoidosis.org.
Contact:
Cathi Davis
312-341-0500 ext. 106
cathi@stopsarcoidosis.org
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SOURCE Foundation for Sarcoidosis Research | https://www.kxii.com/prnewswire/2022/07/06/foundation-sarcoidosis-research-fsr-welcomes-michael-klingher-its-board-directors/ | 2022-07-06T21:06:27Z |
As public interest in the war wanes, four leaders commit to help Ukrainian youth and remind Americans to stay engaged in the fight for freedom
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- As American public interest in the war in Ukraine wanes, chef and humanitarian José Andrés; global human rights and pro-democracy activist Garry Kasparov; social entrepreneur and KIND Snacks Founder Daniel Lubetzky; and Retired U.S. Army Lieutenant Colonel Alexander Vindman have announced a scholarship program and global democracy ambassadorship to help displaced Ukrainian students continue their studies, educate global peers on the fragility and importance of democracy, and inspire the world to stay engaged.
Andrés, Kasparov, Lubetzky, and Vindman, who have proudly made the United States home after emigrating or seeking asylum (Vindman and Kasparov came to America from Soviet Ukraine and Russia respectively), aim to go beyond their direct impact on Ukrainian scholars and their classmates to also remind Americans, and the world, not to take our freedom for granted.
According to the United Nations, the Russian invasion of Ukraine has forced over twelve million Ukrainians to flee their homes. The World Bank reports that 700,000 Ukrainian students have been displaced and 2,000 schools have been destroyed in Ukraine. Among those Ukrainians whose lives have been upended are college- and university-aged youth challenged with forging their futures as their nation battles for the future of the free world.
In response, the program will grant $1 million to support an initial group of Ukrainian scholars with financial and wraparound support to study at a US-based post-secondary institution for one academic year. The Lubetzky Family Foundation (LFF) is leading the initiative by activating its resources and team to launch the program and raise awareness for the critical role of citizens in defending democracy.
Says Lubetzky, "Young Ukrainians have a powerful role to play in waking up our world to our shared responsibility to defend values like freedom and democracy that we cannot take for granted. We want this program to put a spotlight on the fact that the fight for freedom is ongoing, and that every one of us has the power to make a difference."
To ensure that their lessons for our world do not go untold, scholarship recipients will be empowered to act as campus ambassadors for democracy. Kasparov, who has long used his platform to educate the world on the global interconnectivity of democracy, will mobilize his Renew Democracy Initiative to provide scholars with educational programming designed to encourage all students to build strong global alliances in support of democratic values like those that Ukraine is bravely defending.
Says Kasparov, "It's not just that we are offering Ukrainian scholars a chance to continue their education, but also that they can educate us by their example. They represent the Frontlines of Freedom and can remind American students, who are their roommates and classmates, that democracy is worth fighting for. That could have a phenomenal impact on reinstating a culture of defending democratic institutions and recognizing the invaluable importance of democracy for human progress."
Andrés, whose nonprofit organization World Central Kitchen has provided over 120 million meals to Ukrainians, has committed to lending his public support to the initiative, and to connecting with participating scholars to express his gratitude and instill hope.
Says Andrés, "It's been nearly six months since the invasion started and World Central Kitchen's work to support Ukrainians began. Despite incredible hardship, every single day, thousands of Ukrainian Food Fighters show up to provide nourishing meals and food aid to families. It is the young Ukrainians who are leading the way! They are the future, and we must invest in supporting them to rebuild and thrive."
Vindman, who continues to advocate strongly for increased US government action to support Ukraine, including better efforts to aid refugees, is working to bring on increased resources to scale the program's impact for more Ukrainian scholars.
Says Vindman, "Reconstruction in Ukraine is going to be a decades-long effort that will require the participation of passionate young students with the capabilities to take on this project. We are trying to generate some of that capability and passion through this program, so that scholars can return home to help rebuild a new Ukraine – one that pays tribute to the enormous sacrifice of its people, who are defending not only their homes but also democracy and freedom."
The scholarship's application and selection processes are being led by the Institute of International Education (IIE), which oversees multiple leading international scholarship programs and student and scholar rescue initiatives. Recognizing the trauma that accompanies experiences of war, the program will take into consideration the holistic needs of all participants. To deliver immediate support and impact, the scholarship will kick off during the 2022 fall semester, serving eligible Ukrainians already studying in the US before expanding internationally in Spring 2023. For more information and to apply, visit www.iie.org/Programs/Ukraine-Democracy.
About José Andrés
Named one of Time Magazine's "100 Most Influential People" in both 2012 and 2018, and awarded "Outstanding Chef" and "Humanitarian of the Year" by the James Beard Foundation, José Andrés is an internationally-recognized humanitarian, culinary innovator, New York Times bestselling author, and educator. In 2010, Andrés founded World Central Kitchen, a non-profit which uses the power of food to nourish communities and strengthen economies in times of crisis and beyond. Andrés' work has earned awards and distinctions including the 2017 Lifetime Achievement Award from the International Association of Culinary Professionals and the 2015 National Humanities Medal from President Barack Obama. Andrés was awarded the Princesa de Asturias Foundation's 2021 Concordia Prize for his humanitarian work. As a naturalized citizen originally from Spain, Andrés has been a tireless advocate for immigration reform.
About Garry Kasparov
Garry Kasparov is the chairman and founder of the Renew Democracy Initiative (RDI). He is widely considered the greatest chess-player of all time. His famous matches against the IBM supercomputer Deep Blue in 1996-97 were key to bringing artificial intelligence and chess into the mainstream. Today he is a prominent human rights activist as well as an author and speaker on politics, human rights, decision-making, and artificial intelligence. He is the author of the 2015 book: Winter is Coming: Why Vladimir Putin and the Enemies of the Free World Must be Stopped.
About Daniel Lubetzky
Daniel Lubetzky is a social entrepreneur working to build bridges between people and increase appreciation for our shared humanity. The son of a Holocaust survivor, he has made it his life's work to help prevent what happened to his father from happening again. While best known as the founder of KIND Snacks, Daniel's foray into food was the unexpected outcome of his work to use business to bring neighbors in Middle Eastern conflict regions together. He conceived of civic initiatives OneVoice, Empatico, and Starts With Us to foster empathy and empower individuals to practice daily habits that move our culture away from extreme, divisive, and hateful positions. Daniel is a member of the Anti-Defamation League's Inaugural Board of Directors. He has received awards from The King Center, World Economic Forum, Skoll Foundation, Conscious Capitalism, Hispanic Heritage Foundation, and Horatio Alger Association. Daniel was named a Presidential Ambassador for Global Entrepreneurship by President Obama. He is the author of The New York Times bestseller Do the KIND Thing.
About Colonel Alexander Vindman
Alexander Vindman, a retired U.S. Army Lieutenant Colonel, was most recently the director for Eastern Europe, the Caucasus, and Russia on the White House's National Security Council. Previously, he served as the Political-Military Affairs Officer for Russia for the Chairman of the Joint Chiefs of Staff and as an attaché at the U.S. Embassy in Moscow, Russia. While on the Joint Staff, he co-authored the National Military Strategy Russia Annex and was the principal author for the Global Campaign for Russia. He is currently a doctoral student and senior fellow for the Foreign Policy Institute at the Johns Hopkins School of Advanced International Studies (SAIS), Pritzker Military Fellow at the Lawfare Institute, executive board member for the Renew Democracy Initiative, senior advisor for VoteVets, and the author of the New York Times bestselling memoir, Here, Right Matters.
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SOURCE Lubetzky Family Foundation | https://www.mysuncoast.com/prnewswire/2022/09/07/jos-andrs-garry-kasparov-daniel-lubetzky-alexander-vindman-team-up-launch-ukrainian-scholarship-program-student-ambassadorship-global-democracy/ | 2022-09-07T11:53:51Z |
MULHOUSE, France (AP) — The thought of an extreme-right leader standing at the helm of the European Union would be abhorrent to most in the 27-nation bloc. But if Emmanuel Macron falters in the April 24 French presidential elections, it might be two weeks away.
Experts say a win for far-right candidate Marine Le Pen would have immense repercussions on the functioning of the EU. Not only would her coming to power damage the democratic values and commercial rules of the 27-nation bloc, but it would also threaten the EU’s common front and sanctions that have been built in response to Russia’s war in Ukraine.
Macron, the incumbent president with strong pro-European views, and Le Pen, an anti-immigration nationalist, couldn’t have more radically opposed visions of the EU.
“The debate we will have in the next days is crucial to our country and to Europe,” Macron said after the results were announced. On Tuesday, he is heading to Strasbourg, the seat of the EU parliament, to speak about France’s role in Europe. All polls show Macron is the favorite in the vote, but Le Pen has significantly narrowed the gap compared with the last presidential election five years ago.
France has always stood at the heart of the EU — a founding member that has partnered with neighbor and historical rival Germany to turn the bloc into an economic giant and an icon of Western values. To hand that vaunted perch to a far-right politician would be bad enough. But, as coincidence would have it, France also holds the EU’s rotating six-month presidency this spring, which also allows it to speak with the power of the 27.
It is a pedestal few want to offer to Le Pen. The National Rally leader wants to establish national border controls on imports and people, reduce the French contribution to the EU budget and cease to recognize that European law has primacy over national law.
She has proposed to remove taxes on hundreds of essential goods and wants to reduce taxes on fuel — which would go against the EU’s free market rules.
Macron told reporters during a stop in the eastern city of Mulhouse that he “believes in Europe,” praising EU action that “changed the lives of our fellow citizens” such as the collective purchase of vaccines amid the COVID-19 pandemic.
He accused Le Pen of speaking “nonsense.”
“She explains that she won’t pay the bill for the (EU) club, that she will change the rules, but will change the rules alone” Macron said. “It means she wants to get out (of the EU) but doesn’t dare say it anymore.”
Jean-Claude Piris, who served as a legal counsel to the European Council and is an expert of EU institutions, said a victory for Le Pen would have the effect of an “earthquake.” Her measures would equate in practice to a withdrawal from the 27-nation bloc, he said.
“She is in favor of a form of economic patriotism with state aids, which is contrary to the rules of the single market,” Piris said in an interview with The Associated Press. “France would no longer take part in the common free market and commercial policies.”
“She wants to modify the French constitution by giving preference to the French, by suppressing the right of the soil, the right of asylum,” which would be “totally incompatible with the values of the European treaties,” Piris added.
Piris said the arrival of Le Pen would also threaten the unanimity of the 27 on the sanctions they have adopted so far against Russia over its invasion of Ukraine. She could prevent further measures being adopted. The bloc is currently mulling the opportunity to add further restrictions on oil imports from Russia.
Le Pen has built close links with the Kremlin over the years. In her previous bid to become the French president in 2017, she called for strong security ties with Moscow to jointly combat radical Islamic groups. She also pledged to recognize Crimea — the peninsula annexed from Ukraine in 2014 — as part of Russia.
Le Pen acknowledged Russia’s invasion of Ukraine has “partially” changed her views about Russian President Vladimir Putin, saying he was “wrong” and expressing her support toward the Ukrainian people and refugees.
Piris believes that although Le Pen could find allies in a couple of right-wing governments currently in power in eastern Europe, she would be facing hostile reactions from most other EU members.
Louis Alliot, vice-president of Le Pen’s National Rally party, said Monday on France Info news broadcaster that France’s allies would include Hungary and Poland.
A report from the Center for European Reform published Monday highlighted how Le Pen could very well go down the same road as Hungarian Prime Minister Viktor Orban and his Polish counterpart Mateusz Morawiecki in throwing up roadblocks for Brussels wherever she can to further slow the EU’s already cumbersome decision-making.
“The difference is that France … is indispensable to the EU,” the report stressed, saying the consequences would be “political chaos.”
CER experts also believe Le Pen’s policies would clash with the bloc’s climate goals. Le Pen is in favor of expanding nuclear and several non governmental groups have warned that she would slow down the transition toward renewables.
On top of that, the traditional French-German tandem would be undermined, with German Socialist chancellor Olaf Scholz highly unlikely to reach any compromise with Le Pen.
Neighboring Luxembourg’s long-serving foreign minister, Jean Asselborn, called the situation “very, very worrying.”
Le Pen as French president “would be not just an upheaval in Europe as a project of values, a peace project; it would put us on a totally different track in the essence of the European Union,” Asselborn said. “The French must prevent that.”
____
Casert and Petrequin reported from Brussels. Colleen Barry in Milan, Italy, and Geir Moulson in Berlin contributed. | https://cw33.com/news/international/ap-international/potential-far-right-victory-in-france-seen-as-threat-to-eu/ | 2022-04-12T14:27:34Z |
Following May's AAPIHM, Proprietor Simon Kim Reflects on Distinguished Honor as the Only KOREAN STEAKHOUSE™ in the World to Receive Coveted Star Award
MIAMI, June 10, 2022 /PRNewswire/ -- COTE Miami, one of the city's most coveted reservations since opening in 2021 in Miami's Design District, has been awarded a MICHELIN Star and the Florida Sommelier Award, in the inaugural 2022 MICHELIN Guide Florida Star Revelation, a distinction that was announced at a ceremony held in Orlando last night.
America's first KOREAN STEAKHOUSE™ conceptualized by proprietor and hospitality visionary Simon Kim and brought to life by an exceptional team - COTE's Beverage Director, Victora James, and Executive Chef David Shim- the restaurant's secret to success is providing the best meat, cooked on the best grills and paired with the best wine and spirits. As complex as it is simple, this formula earned COTE's New York City location four consecutive MICHELIN-stars since 2017, when it received its first star within 6 months of opening. Yesterday evening's award marks the brand's fifth star overall and represents COTE's steadfast dedication to consistently meet MICHELIN's stringent five-criteria rating ranging from quality of ingredients to consistency between visits.
COTE is the world's only tabletop KOREAN STEAKHOUSE™ concept to receive this distinction, and one of a select few in the country to hold a star for both locations in different cities, a source of great honor for the Seoul-born, 40-year-old entrepreneur.
"From day one, despite all of the obstacles presented with COVID-19, I bet on Miami. I was inspired by the city's unique vibe, and knew that it was on the cusp of its 'golden age.' I saw all of its culture and development – the booming arts scene, the growing dining landscape – and thought COTE needed to be part of this rise. I felt COTE's celebration of Korean heritage would allow us to add our own touch to the community," said Kim. "To be recognized in a new city by the most well respected restaurant guide in the world – MICHELIN – is unequivocally a remarkable moment for us. We are humbled by this distinguished honor and thank MICHELIN for this tremendous recognition. Worldwide gourmands, we welcome you to the magic city."
Kim, whose restaurants have amassed an impressive eight stars throughout his career, says COTE is a celebration of his heritage. An advocate for the AAPI community, Kim co-founded the dine-around gala A Taste of Asia in fall 2021, gathering dozens of restaurants to honor the diversity and vitality of New York's AAPI culture and cuisine and raising over $1.1 million for Apex for Youth, City Harvest and Madison Square Park Conservancy. This year, Kim received the ultimate distinguished honor of having been personally invited to the inauguration ceremony of Yoon Suk-Yeol, South Korea's new president, and just this spring, joined the finalist shortlist for Ernst & Young's Entrepreneur of the Year 2022 New York Award.
COTE, the carnivorous vision of proprietor Simon Kim, is the world's first KOREAN STEAKHOUSE™, blending the conviviality and interaction of Korean barbecue with the hallmarks of the classic American chophouse. The result is a unique, unforgettable dining experience, built on a foundation of the highest quality USDA Prime beef, unmatched service, an impeccable 1,200+ label wine list and a suite of classic, creative cocktails. Smokeless grills in every table, combined with premium cuts from COTE's in-house dry aging room, ensure that every morsel of steak is hot, fresh, and caramelized to perfection.
For more information about COTE NYC, visit www.cotenyc.com and for COTE Miami, visit www.cotemiami.com.
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SOURCE COTE Korean Steakhouse | https://www.kxii.com/prnewswire/2022/06/10/one-year-old-cote-miami-awarded-michelin-star-premiere-south-florida-guide-marking-brands-fifth-star-overall-together-with-new-york-city-location/ | 2022-06-10T17:25:01Z |
CLEVELAND (WJW) — An Ohio bill would require high school students whose birth-assigned sex is disputed or questioned to undergo a physician’s examination of their genitals in order to play sports.
During a remote press call Thursday, Democratic state representatives and several health experts expressed their opposition to House Bill 151, saying it targets transgender youth specifically but could also impact all high school athletes.
The bill passed the Republican-controlled Ohio House last week.
“We stand to protect all children from child sexual abuse … as state-sanctioned child sexual abuse, which we believe this particular piece of legislation is,” said Democrat Representative Jessica Miranda.
Eliana Turan, a board member at the LGBTQ Community Center of Greater Cleveland, said the bill was not based on any data and called it dangerous and scary for all Ohio youth.
“Unfortunately, Ohio has elected officials who are fomenting and recycling a lot of harmful narratives that are coming from hate groups and other anti-LGBTQ lobbies,” said Turan.
Under the bill, if an athlete’s birth-assigned sex is disputed, they would be required to establish their sex by presenting a signed doctor’s statement indicating sex based on an internal and external reproductive anatomy exam, testosterone levels, and analysis of the child’s “genetic makeup.”
State Representative Beth Liston called the bill part of an extremist agenda.
“According to the Ohio High School Athletic Association, there is one child who is playing high school sports in Ohio that is a transgender student,” said Rep. Liston. “However, this bill is harming every child in Ohio, and I want to make sure everyone is aware of that.”
The bill states participants deprived of athletic opportunity or “suffers direct or indirect harm” as a result of a violation can sue for damages against the school, school district or interscholastic conference or organization.
“These are not normal exams,” said OhioHealth OB/GYN Dr. Anita Somani. “You don’t prove gender by doing a blood test or by doing a physical exam.”
Akron-based CANAPI, an LGBTQ resources organization, called the bill a “tragic example of both a denial and loss of human rights” in a statement.
“This bill is not based on any scientific or empirical evidence, it is based on bigotry and hatred,” said Rebecca Callahan, the organization’s executive director.
“With social media and everything else, now you’re putting institutional bullying on top of it,” said Turan. “I think that if this bill were to come to fruition, and I pray it won’t, I fear that we’re going to have a lot of young people who are going to carry the trauma of this for generations.”
Nationally, at least 18 states have enacted laws banning or limiting transgender athlete participation in sports, The New York Times reports. Earlier this week, Louisiana’s Fairness in Women’s Sports Act became law, despite opposition and lack of signature by Democratic Gov. John Bel Edwards. The act requires K-12 schools to assign sports teams based on biological sex assigned at birth.
States that ban transgender athletes from playing on teams corresponding with their gender identities are: Alabama, Arizona, Arkansas, Florida, Idaho, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Montana, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah and West Virginia.
Several other actions unrelated to sports are also happening nationwide. In Texas, Gov. Greg Abbott previously directed the state’s Department of Family and Protect Services to investigate parents who help their kids get gender-affirming care. In March, Florida passed its House Bill 1557, referred to as the “Don’t Say Gay” bill, which not only prevents teachers from discussing LGBTQ+ issues in classrooms, but allows parents/guardians to sue teachers and/or schools who discuss these topics.
It’s important to note the difference between “sex” and “gender,” which are generally not intended to be used interchangeably. As the research-based nonprofit The Conversation explains, “sex” typically refers to bodily organs or attributes assigned at birth that are used to “refer to a binary of being either female or male.” On the other hand, “gender” is how sexes are typically thought of (social roles and behaviors) — gender is ideas, rather than something physical. A person’s “gender identity,” meanwhile, refers to how an individual expresses (pronouns, style of dress, etc.) their own gender, regardless of societal ideas of how they should express it.
A trans person also does not need to undergo surgery to consider themselves transgender, Johns Hopkins Medicine explains. Many transgender people either can’t afford expensive affirming surgeries, or else, don’t feel it’s something they need. | https://cw33.com/news/nexstar-media-wire/ohio-bill-would-require-genital-exams-for-student-athletes-if-sex-is-questioned/ | 2022-06-10T17:21:13Z |
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Teleperformance, a leading global group in digitally integrated business services, announced that its Indonesia operations received the prestigious Great Place to Work® award. By being certified as a Great Place to Work® in Indonesia, Teleperformance has helped set a high benchmark for Indonesian Business Process Outsourcing (BPO) industry companies and companies operating in all other industries.
Teleperformance's Indonesia operations scored strong for overall trust, fairness and pride in the company by its more than 4,000 Indonesian team members. It operates five facilities in Indonesia and provides work from home services, which 20% of its staff currently utilize. Additionally, Teleperformance Indonesia recently won the Global Contact Center World Award in the Asia Pacific, which recognizes world-class practices in providing exceptional customer experiences.
Jose Bezanilla, CEO Great Place to Work® China commented, "In Great Place to Work®, we have special respect and admiration for companies and leadership teams that kept their priorities clear on their people, while navigating the tough times of the pandemic. Teleperformance is a clear example of this, making it again to the top recognition as Best Workplaces™ in Asia keeping Trust as a key element of their working culture. Congratulations!"
"We are absolutely delighted to be Great Place to Work® certified for three consecutive years," said Michael Wullur, President Director of Teleperformance Indonesia. "This accreditation is a tribute to each and every team member at TP Indonesia and we couldn't be prouder of this achievement."
"Earning this certification year over year shows how Teleperformance Indonesia associates view our organization, and signals to talented individuals outside of Teleperformance what it's like to work here and make a real difference," said Christinawaty Melania, Senior HR Director of Teleperformance Indonesia.
With a top global priority of people care, over 97% of Teleperformance employees worldwide currently work in independently certified great employer operations.
The company welcomes applicants from across the globe to apply for exciting work options. Interested applicants can go to www.teleperformance.com.
ABOUT TELEPERFORMANCE GROUP
Teleperformance (TEP – ISIN: FR0000051807 – Reuters: TEPRF.PA - Bloomberg: TEP FP), the global leader in outsourced customer and citizen experience management and related digital services, serves as a strategic partner to the world's largest companies in many industries. It offers a One Office support services model including end-to-end digital solutions, which guarantee successful customer interaction and optimized business processes, anchored in a unique, comprehensive high touch, high tech approach. Nearly 420,000 employees, based in 88 countries, support billions of connections every year in over 265 languages and around 170 markets, in a shared commitment to excellence as part of the "Simpler, Faster, Safer" process. This mission is supported by the use of reliable, flexible, intelligent technological solutions and compliance with the industry's highest security and quality standards, based on Corporate Social Responsibility excellence. In 2021, Teleperformance reported consolidated revenue of €7,115 million (US$8.4 billion, based on €1 = $1.18) and net profit of €557 million.
Teleperformance shares are traded on the Euronext Paris market, Compartment A, and are eligible for the deferred settlement service. They are included in the following indices: CAC 40, STOXX 600, S&P Europe 350, MSCI Global Standard and Euronext Tech Leaders. In the area of corporate social responsibility, Teleperformance shares are included in the Euronext Vigeo Euro 120 index since 2015, the EURO STOXX 50 ESG index since 2020, the MSCI Europe ESG Leaders index since 2019, the FTSE4Good index since 2018 and the S&P Global 1200 ESG index since 2017.
For more information: www.teleperformance.com. Follow us on Twitter: @teleperformance
PRESS RELATIONS
Americas and Asia-Pacific
Mark Pfeiffer
TELEPERFORMANCE
Tél : + 1 801-257-5811
mark.pfeiffer@teleperformance.com
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SOURCE Teleperformance | https://www.kxii.com/prnewswire/2022/09/01/teleperformance-certified-great-place-work-indonesia-third-consecutive-year/ | 2022-09-01T21:47:29Z |
TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis on Wednesday flew two planes of immigrants to Martha’s Vineyard, escalating a tactic by Republican governors to draw attention to what they consider to be the Biden administration’s failed border policies.
Flights to the upscale island enclave in Massachusetts were part of an effort to “transport illegal immigrants to sanctuary destinations,” said Taryn Fenske, DeSantis’ communications director.
While DeSantis’ office didn’t elaborate on their legal status, many migrants who cross the border illegally from Mexico are temporarily shielded from deportation after being freed by U.S. authorities to pursue asylum in immigration court — as allowed under U.S law and international treaty — or released on humanitarian parole.
Massachusetts’ Gov. Charlie Baker, a Republican, said he was in touch with local officials and that short-term shelter was being provided.
State Rep. Dylan Fernandes, who represents Martha’s Vineyard, tweeted: “Our island jumped into action putting together 50 beds, giving everyone a good meal, providing a play area for the children, making sure people have the healthcare and support they need. We are a community that comes together to support immigrants.”
Texas Gov. Greg Abbott began busing thousands of migrants to Washington in April and recently added New York and Chicago as destinations. Arizona Gov. Doug Ducey has been busing migrants to Washington since May. Passengers must sign waivers that the free trips are voluntary.
DeSantis, who is mentioned as potential presidential candidate, appears to be taking the strategy to a new level by using planes and choosing Martha’s Vineyard, whose harbor towns that are home to about 15,000 people are far less prepared than New York or Washington for large influxes of migrants.
The move is likely to delight DeSantis’ supporters who deride Democrat-led, immigrant-friendly “sanctuary” cities and anger critics who say he is weaponizing migrants as pawns for political gain.
The Florida Legislature appropriated $12 million to transport “illegal immigrants” from the state consistent with federal law, Fenske said.
“States like Massachusetts, New York, and California will better facilitate the care of these individuals who they have invited into our country by incentivizing illegal immigration through their designation as ‘sanctuary states’ and support for the Biden Administration’s open border policies,” Fenske said. | https://cw33.com/news/nexstar-media-wire/florida-flies-migrants-to-marthas-vineyard/ | 2022-09-15T10:21:19Z |
Funds will support an open high-throughput screening system for cultivated meat feed ingredients, significantly reducing costs of the largest expense in cultivated meat production
TEL AVIV, Israel, June 7, 2022 /PRNewswire/ -- SuperMeat, a food tech company working to supply the world with high-quality cultivated meat, has received a grant from the Israeli Innovation Authority to establish an open high-throughput screening system for optimizing cultivated meat feed ingredients, helping the entire industry work toward commercial viability.
SuperMeat will use the funding to set up the world's largest open high-throughput system for cultivated meat media ingredients, supplements and cell scaffolds for cultivated meat production. As part of this effort, SuperMeat partnered with Thermo Fisher Scientific, which provided the world's most advanced screening platform and will support the development and operation of the system. The system will allow SuperMeat to screen hundreds of thousands of materials every month, helping identify the highest quality ingredients with the lowest costs.
By optimizing the ingredients for the cell feed (media), SuperMeat will be able to significantly lower production costs, and improve product quality – providing an open standard for cell feed ingredients that can be used by cultivated meat companies around the world moving toward commercialization.
"The Israeli Innovation Authority has long been a leader in innovation of all kinds. We are honored to receive its support to help pave the way to a standard for a healthier, more sustainable food system for all," says Ido Savir, CEO of SuperMeat. "The system establishment supported by this grant will allow SuperMeat to leverage the cultivated meat production technology it has built to help reduce costs and provide the cultivated meat industry an open platform for commercialization through its strategic partners globally."
This announcement comes on the heels of two strategic partnerships for SuperMeat to further the path to commercialization. Most recently the company announced a strategic partnership with Ajinomoto, a global food ingredient and biotechnology leader, to establish a commercially viable supply chain platform for the cultivated meat industry. SuperMeat has also signed a memorandum of understanding with PHW Group, one of Europe's largest poultry producers and the only company from the meat industry to rank among the 50 Sustainability & Climate Leaders, to manufacture and distribute cultivated meat at a large scale for European consumers.
Through its partnerships paired with the introduction of the open cell feed optimization system, SuperMeat aims to help remove the greatest barrier for cultivated meat commercialization, the cost of cell feed, and move forward commercial viability for the industry as a whole.
For more information on the company, visit www.SuperMeat.com.
About SuperMeat
SuperMeat, headquartered in Tel Aviv, Israel, is a food-tech company working to supply the world with high-quality meat grown directly from animal cells. The company's products offer a delicious meat experience and a high-quality nutritional profile, while being manufactured in a sustainable, slaughter-free way. SuperMeat's proprietary cultivated meat platform allows food companies to be at the forefront of the emerging cultivated meat industry and manufacture a wide range of products containing cultivated meat inside. SuperMeat is the first B2B company to address the entire category of poultry meat from fat to muscle, providing a complete solution to cultivated meat production. The company has been showcasing the versatility of its meat platform in various events at its pilot production plant, The Chicken, the world's first farm-to-fork facility for local meat production, and is planning to host additional events in the near future.
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SOURCE SuperMeat | https://www.kxii.com/prnewswire/2022/06/07/supermeat-accelerate-cultivated-meat-commercialization-with-new-open-source-system-that-will-reduce-production-costs-industry-supported-by-israeli-innovation-authority-grant/ | 2022-06-07T14:52:17Z |
Fishing derbies for kids are next two Saturdays
PERRY TWP. – The annual Richard Fry Memorial Catfish Derby for ages 4 to 15 will be Saturday.
Registration will start at 8 a.m. at Petros Lake Park, 3519 Perry Dr. SW. Longtime partners Stark County Federation of Conservation Clubs and the Berkley Fishing Team will be on hand to help measure fish, provide prizes, and share fishing tips, according to a news release. There will be prizes for first, second and third place in each age bracket.
The “Pep” Tamargo Memorial/Berkley Derby for ages 4 to 15 will be 8 a.m. May 21 at Sippo Lake Park and Marina, 5300 Tyner St. NW. Pre-registration is required; visit https://reservations.starkparks.com/program/3922. Lunch, trophies, and prizes will be provided by the Berkley Fishing Team.
For more information about the fishing derbies, visit https://starkparks.com/derbies/. | https://www.cantonrep.com/story/news/2022/05/10/fishing-derbies-kids-petros-lake-and-sippo-lake/9718493002/ | 2022-05-10T23:44:24Z |
Company discontinues nicotine gummies after FDA warning
(CNN) - A company that made illegal flavored nicotine gummies has discontinued the item following a warning letter from the U.S. Food and Drug Administration.
The FDA sent a letter last month to VPR Brands, the name behind Krave Nic, warning the company was not authorized to make, sell or distribute such products.
The agency said the gummies were particularly concerning because they resemble kid-friendly candy products and they can cause severe nicotine toxicity or even death in young children.
The gummies contained one milligram of nicotine and came in three different flavors, such as “blue razz” and “cherry bomb.”
Krave said the tobacco-free products were meant for adults.
The FDA said such gummies are “a public health crisis just waiting to happen among our nation’s youth.”
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/09/16/company-discontinues-nicotine-gummies-after-fda-warning/ | 2022-09-16T15:38:57Z |
SYDNEY, June 13, 2022 /PRNewswire/ -- Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA), an oncology-focused drug development company, is pleased to announce the presentation of new data regarding the activity of paxalisib in two forms of childhood brain cancer with poor prognosis and limited treatment options.
The data is the subject of two poster presentations at the 20th International Symposium on Pediatric Neuro-Oncology (ISPNO), held in Hamburg, Germany, from 12-15 June 2022.
The first poster is presented by Dr Jeffrey Rubens at Johns Hopkins University and describes the activity of paxalisib in combination with a second drug in animal models of atypical teratoid / rhabdoid tumors (AT/RT). This builds on work previously presented at the American Association of Cancer Research (AACR) Annual Meeting in April 2022.
The second poster presents work led by Associate Professor Matt Dun at the Hunter Medical Research Institute at the University of Newcastle, Australia, and involving collaboration by ten international laboratories and leading paediatric cancer centres. The research principally relates to the combination of paxalisib with ONC201, an investigational therapy manufactured by Chimerix, Inc, in the treatment of diffuse intrinsic pontine glioma (DIPG). While the primary focus of the ISPNO presentation concerns animal models of the disease, two clinical case studies are also reported. Importantly, these data underpin the ongoing phase II clinical trial testing the safety and efficacy of paxalisib and ONC201 in DIPG.
Upcoming Webinar
Lead investigator on the DIPG research, Dr Matt Dun, will participate in an investor webinar alongside Kazia CEO, Dr James Garner, and Kazia Chief Medical Officer, Dr John Friend, to discuss the new ISPNO data and the broader context of Kazia's work in childhood brain cancer. The webinar is scheduled for 5pm, ET, on Wednesday, June 22nd (7am, Sydney time on Thursday, 23rd June), and interested parties may register via the following link:
Key Points
- Diffuse midline gliomas (DMGs) are a group of childhood brain cancers which include DIPG, and which represent approximately 15% of brain tumours in children. Life expectancy from diagnosis is estimated to be 9-11 months, and there are no FDA-approved drug treatments.
- ONC201, a dopamine receptor D2 (DRD2) antagonist, shows single-agent efficacy in DIPG, but patients invariably become resistant to therapy over time. A key resistance mechanism involves activation of the PI3K pathway, which is the target of paxalisib.
- Two patients who received the combination of ONC201 and paxalisib under compassionate access demonstrated "dramatic reductions in tumor volume and complete resolution of disease symptoms, extending overall survival".
- Using two aggressive autopsy animal models of DIPG the combination of paxalisib and ONC201 synergistically extended survival from 73 to 100 days (37%) and from 36 to 43 days (19%), respectively.
- On the basis of this research, a clinical trial (NCT05009992) of the combination commenced recruitment in November 2021 under the sponsorship of the Pacific Pediatric Neuro-Oncology Consortium (PNOC). The study is ongoing, with initial data anticipated in 1H CY2023.
"Brain tumours are the second most common cancer of children, but the leading cause of death, with the prognosis for aggressive forms of the disease such as DIPG remaining woeful," said Dr Matt Dun, lead investigator of the DIPG research. "It is vital that we find new treatments. This research collaboration has united many of the leading international centres in this field and has deployed cutting edge research tools to identify an extremely promising combination of therapies. My colleagues and I hope to see these laboratory findings validated in the ongoing PNOC clinical trial, which may establish ONC201 and paxalisib as the cornerstones of treatment for children and their families affected by this disease."
Kazia CEO, Dr James Garner, added, "Dr Dun's painstaking research over several years has yielded enormous insight into potential treatments for DIPG. We are excited to see such an emphatic demonstration of the potential for ONC201 and paxalisib to provide benefit in this disease. We are firmly committed to taking paxalisib forward in childhood brain cancer, and very much hope that the work of world-leading scientists such as Dr Dun will help to bring hope to all those touched by diseases such as DIPG."
Summary of Abstracts
Preclinical and case study results underpinning the phase II clinical trial testing the combination of ONC201 and paxalisib for the treatment of patients with diffuse midline glioma (NCT05009992)
Lead Author: Matthew Dun, PhD
Institution: Hunter Medical Research Institute, University of Newcastle [Australia]
The PI3K inhibitor paxalisib, combined with the novel HDAC1/3 inhibitor RG2833, may improve survival in mice bearing orthotopic xenografts of atypical teratoid/rhabdoid tumors
Lead Author: Jeffrey Rubens, MD
Institution: Johns Hopkins University, School of Medicine [Baltimore, MD]
About Kazia Therapeutics Limited
Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) is an oncology-focused drug development company, based in Sydney, Australia.
Our lead program is paxalisib, a brain-penetrant inhibitor of the PI3K / Akt / mTOR pathway, which is being developed to treat glioblastoma, the most common and most aggressive form of primary brain cancer in adults. Licensed from Genentech in late 2016, paxalisib commenced recruitment to GBM AGILE, a pivotal study in glioblastoma, in January 2021. Seven additional studies are active in various forms of brain cancer. Paxalisib was granted Orphan Drug Designation for glioblastoma by the US FDA in February 2018, and Fast Track Designation for glioblastoma by the US FDA in August 2020. In addition, paxalisib was granted Rare Pediatric Disease Designation and Orphan Designation by the US FDA for DIPG in August 2020.
Kazia is also developing EVT801, a small-molecule inhibitor of VEGFR3, which was licensed from Evotec SE in April 2021. Preclinical data has shown EVT801 to be active against a broad range of tumour types and has provided compelling evidence of synergy with immuno-oncology agents. A phase I study commenced recruitment in November 2021.
For more information, please visit www.kaziatherapeutics.com or follow us on Twitter @KaziaTx.
Forward-Looking Statements
This announcement may contain forward-looking statements, which can generally be identified as such by the use of words such as "may," "intend," "potential," "prospective," or other similar words. Any statement describing Kazia's future plans, strategies, intentions, expectations, objectives, goals or prospects, and other statements that are not historical facts, are also forward-looking statements. Such statements are based on Kazia's expectations and projections about future events and future trends affecting our business and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements, including risks and uncertainties associated with clinical trials and product development and the impact of global economic conditions. These and other risks and uncertainties, are described more fully in Kazia's Annual Report, filed on form 20-F with the SEC, and in subsequent filings to SEC. Kazia undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required under applicable law. You should not place undue reliance on these forward-looking statements, which apply only as of the date of this announcement. Actual results could differ materially from those discussed in this announcement.
This document was authorized for release to the ASX by James Garner, Chief Executive Officer, Managing Director.
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SOURCE Kazia Therapeutics Limited | https://www.mysuncoast.com/prnewswire/2022/06/13/positive-data-paxalisib-two-childhood-brain-cancers-presented-20th-ispno-annual-meeting/ | 2022-06-13T11:35:13Z |
The expanded relationship offers HBR's legal industry clients greater value in managed services
CHICAGO , June 1, 2022 /PRNewswire/ -- HBR Consulting (HBR), the most comprehensive strategy, operations and technology consulting firm focused on the legal industry, today announced the expansion of its relationship with ServiceNow as a partner in the ServiceNow Partner Program Module. This announcement expands on HBR Consulting's work with ServiceNow as a member of the ServiceNow Sales and Service Provider Program Modules. Membership in this partner program module enables HBR not only to purchase ServiceNow products and services and operate them in a managed services capacity on behalf of clients, but also to deliver implementations for the Now Platform, which may include consulting, outsourcing, subcontracting, or custom application development.
"HBR's long-standing relationship with ServiceNow dates back to Managed Technology Services LLC, which HBR acquired in 2019. As the premier managed services provider to the legal industry, we're excited to expand our collaboration with ServiceNow to support a range of HBR's clients and managed services," said Chris Petrini-Poli, HBR's executive chairman. "Through this program module, we can offer an exceptional value proposition to the legal market, supporting law firms and law departments as they work to modernize their platforms and delivery of legal services."
HBR's deep understanding of the legal vertical and specialized technical expertise, coupled with ServiceNow capability, will provide HBR's legal industry clients an enhanced customer experience across multiple areas of operations.
HBR provides law firms and corporate law departments with strategic guidance, operational improvement, and technology solutions. Its 2021 combination with Keno Kozie Associates brought together more than 700 experts in these areas to meet the expanding technology needs of the legal ecosystem.
About HBR Consulting
HBR Consulting LLC (www.hbrconsulting.com) provides law firms and corporate law departments with strategic guidance, operational improvement, and technology solutions that drive innovation while managing cost and mitigating risk. HBR's proven combination of experience, relationships, and insights—spanning the legal ecosystem—delivers sustainable financial and competitive advantages for its clients.
ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.
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SOURCE HBR Consulting | https://www.wibw.com/prnewswire/2022/06/01/legal-industry-leader-hbr-consulting-joins-additional-servicenow-partner-program-module/ | 2022-06-01T14:22:01Z |
SAN BRUNO, Calif., Sept. 9, 2022 /PRNewswire/ -- What is Xportify?
Introducing Xportify, a Web 3.0 gaming application for workout, socializing, and earning at once. Combing with the cutting-edge technology in AR, motion capture, and immersive gameplay, Xportify redefines exercise from repeating actions into interactive experiences with amusement and pleasure with new and known friends.
Starting with 6 engaging interactive games, the platform is developing provocative gameplay with the simplest set-up, all you need is a mobile device with a functional camera and a small area. Or you could always enjoy a better experience and share your joy with others when you project the screen to a TV or projector.
People usually think they need a large space for workout, but in Xportify, it's another case. Xportify understands what our user needs: Earn Anytime, Gym Everywhere. All the gameplays and workout routines are intentionally designed to be operated in obstacle-free closed space of approximately 3 x 3 m. On any occasion there is enough lighting, you could turn any indoor or outdoor spot into your instant gym room.
Building your workout habit with Xportify
Building up a habit is not easy; experts say it takes 21 days to develop a habit. But Xportify tells you it only takes 2 minutes to get accustomed to our gameplay or may take even shorter to addicted to it. We've strived our best to blur the line between intensive workouts with exciting gameplay. Games and levels are designed to suit the needs of different users, from novice beginners to those who have built up their reflexes, speeds, and muscles. Each level is carefully arranged for the enjoyable challenge at the same time matching with the spiral curriculum for muscle development and advancement of cardio-pulmonary function. Different training modes are developed for users' preferences over leisure, bodybuilding, or fat burning. The users could input their height and weight for BMI calculation and use the dashboard to track down their improvement, and thus have records and histories over their improvement and reclaim rewards based on that reference.
Meet more people than the gym club in your local blocks
Some people enjoy sweating by themselves, in solo mode, you could always enjoy your privacy with selected avatars and keep your index yourself. While Xportify allows you to evade augmented reality obstacles with friends, send glowing UFOs to your opponents, and track your progress with peers in your virtual gymnasium. Co-op gameplay allows players to team up with each other, you could make an appointment with your known friends in reality and pair up for challenges. Built-in calendar and reservation systems could appointments with different friends and you could mark down the time slot that you are available for matching new friends. Thus, in case your friends are occupied, you could always use our matching system to make new friends and start a co-op or versus gameplay. Always remember to send a compliment to your opponents after a good game or send invitations to them to join your friend list and ask them to join your virtual gymnasium and participate in bi-monthly challenges to reach the top ranking of the leaderboard and share rewards with your community.
Rewarding with CAL token
Burning up your calories does not only reward you with better shape and a healthier body, there are more reasons to remind you to keep a good habit. Each CAL token you gained through a level you completed in solo mode, defeating your opponents in competitions, or when the virtual gymnasium you belonged has ranked the top pier in the league. These CAL Token would be your affidavit in the Web 3.0 platform for trading wearable NFTs, shopping coupons and meeting up experience which works in the Sportaverse as well as in the reality. A paid user could trade with those who stored stocks of CAL Token by a transaction of other cryptocurrencies. Of those who are eager to contribute to the community with continuous contributions could be rewarded with real dollars.
Or, you could earn even more, by expanding the platform.
Expanding Sportaverse
In our Sportaverse, everyone could gym to earn, and talents could CREATE to EARN in our developers' lab. The interactive workout experience is built with combinations of 3D assets, music, level set-up, and immersive gameplay design. Creators are welcome to submit their works and turn them into NFT assets to expand the Sportaverse for CAL Token. Just let us know what is your talent and you would be rewarded. A hip-hop dancing music composed with strong beats? Rewarded! A fashionable, stylish 3D sneakers with a meme on it? Rewarded! New gameplay idea combining light saber, kick-boxing, and dancing? Rewarded! Experts in personal training who came up with an idea or better way for interactive training? Rewarded. It's just fair, in reality, you help people burn calories, you got paid, and the same rule applies in our Sportaverse as well.
Official Website: https://xportify.io/
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SOURCE Xportify | https://www.kxii.com/prnewswire/2022/09/09/xportify-gym-everywhere-earn-anytime-first-web-30-ar-fitness-app/ | 2022-09-09T12:38:28Z |
EchoStar Announces Financial Results for the Three and Six Months Ended June 30, 2022
Published: Aug. 4, 2022 at 6:00 AM EDT|Updated: 22 minutes ago
ENGLEWOOD, Colo., Aug. 4, 2022 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three and six months ended June 30, 2022.
Three Months Ended June 30, 2022 Financial Highlights:
Consolidated revenue of $499.3 million.
Net income of $10.5 million, consolidated net income attributable to EchoStar common stock of $13.9 million and basic and diluted earnings per share of common stock of $0.16.
Consolidated Adjusted EBITDA of $167.7 million (see discussion and the reconciliation of GAAP to this non-GAAP measure below).
Six Months Ended June 30, 2022 Financial Highlights:
Consolidated revenue of $1,000.9 million.
Net income of $99.4 million, consolidated net income attributable to EchoStar common stock of $105.3 million, and basic and diluted earnings per share of common stock of $1.24.
Consolidated Adjusted EBITDA of $333.6 million (see discussion and the reconciliation of GAAP to this non-GAAP measure below).
"Once again, the EchoStar team delivered a solid performance in the second quarter," said Hamid Akhavan, CEO and President of EchoStar. "We are focused on optimizing operations and asset yields in order to maintain our track record of excellent fiscal responsibility, and are leveraging our engineering expertise to innovate new solutions and applications across the market segments we serve."
Three Months Ended June 30, 2022 - Additional Information:
Consolidated revenue was flat year over year. Higher equipment sales of $16.1 million to our domestic and international enterprise customers was offset by lower service revenues of $16.6 million, primarily due to lower broadband consumer customers.
Adjusted EBITDA decreased 10.2% or $19.0 million year over year.
Net income decreased $24.5 million year over year. The decrease was primarily due to an unfavorable change in investments of $53.2 million, lower operating income of $19.4 million, and losses on foreign exchange of $4.3 million. These items were partially offset by lower net interest expense of $18.4 million, lower net income tax expense of $15.8 million, and lower losses in Other, net, of $15.4 million, which included litigation expense of $16.8 million in the second quarter of 2021.
Hughes broadband subscribers totaled approximately 1,346,000, declining 60,000 from March 31, 2022. Our current capacity limitations require a balancing of capacity utilization with subscriber levels in areas of high bandwidth demand. These constraints, and increased competitive pressures, are impacting our consumer subscriber levels. In Latin America, subscriber levels were also impacted by adverse economic conditions, more selective customer screening, and capacity allocation to community WiFi and enterprise opportunities.
For the three months ended June 30, 2022, approximately 63% of Hughes segment revenue was attributable to our consumer customers with approximately 37% attributable to our enterprise customers.
Cash, cash equivalents and current marketable investment securities were $1.5 billion as of June 30, 2022.
During the three months ended June 30, 2022, we purchased 1,924,875 shares of our Class A common stock in open market trades.
The Jupiter 3/EchoStar XXIV satellite continues to progress at Maxar and is expected to be launched during the first half of 2023
Set forth below is a table highlighting certain of EchoStar's segment results for the three and six months ended June 30, 2022 and 2021 (amounts in thousands) (all US GAAP amounts reference results from operations):
Reconciliation of GAAP to Non-GAAP Measurement (amounts in thousands):
Note on Use of Non-GAAP Financial Measures
EBITDA is defined as "Net income (loss)" excluding "Interest income, net," "Interest expense, net of amounts capitalized," "Income tax benefit (provision), net," "Depreciation and amortization," and "Net income (loss) attributable to non-controlling interests."
Adjusted EBITDA is defined as EBITDA excluding Gains and losses on investments, net, Foreign currency transaction gains (losses), net, and other non-recurring or non-operational items. EBITDA and Adjusted EBITDA are not measures determined in accordance with US GAAP. EBITDA and Adjusted EBITDA are reconciled to Net income (loss) in the table above and should not be considered in isolation or as a substitute for operating income, net income or any other measure determined in accordance with US GAAP. Our management uses EBITDA and Adjusted EBITDA as measures of our operating efficiency and overall financial performance for benchmarking against our peers and competitors. Management believes that these non-GAAP measures provide meaningful supplemental information regarding the underlying operating performance of our business and are appropriate to enhance an overall understanding of our financial performance. Management also believes that EBITDA and Adjusted EBITDA are useful to investors because they are frequently used by securities analysts, investors, and other interested parties to evaluate the performance of companies in our industry.
The consolidated financial statements of EchoStar for the periods ended June 30, 2022 and 2021 are attached to this press release. Detailed financial data and other information are available in EchoStar's Quarterly Report on Form 10-Q for the period ended June 30, 2022 filed today with the Securities and Exchange Commission.
EchoStar will host a conference call to discuss its earnings on Thursday, August 4, 2022 at 11:00 a.m. Eastern Time. The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at ir.echostar.com. To participate via telephone and ask a question, participants must register using this online form.
About EchoStar Corporation
EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite communications solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments.
Safe Harbor Statement under the US Private Securities Litigation Reform Act of 1995
This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. When used in this release, the words "believe," "anticipate," "goal," "seek," "estimate," "expect," "intend," "project," "continue," "future," "will," "would," "can," "may," "plans," and similar expressions and the use of future dates are intended to identify forward‑looking statements. Although management believes that the expectations reflected in these forward‑looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made. We assume no responsibility for the accuracy of forward-looking statements or information or for updating forward-looking information or statements. These statements are subject to certain risks, uncertainties, and assumptions. See "Risk Factors" in EchoStar's Annual Report on Form 10-K for the period ended December 31, 2021 as filed with the Securities and Exchange Commission and in the other documents EchoStar files with the Securities and Exchange Commission from time to time.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/echostar-announces-financial-results-three-six-months-ended-june-30-2022/ | 2022-08-04T10:23:44Z |
DETROIT, June 1, 2022 /PRNewswire/ -- Five Honigman LLP Michigan practice groups garnered the highest ranking of 'Band 1' in the 2022 edition of Chambers USA, more than any law firm in Michigan.
The prestigious Chambers directory of leading U.S. business law firms and lawyers bestowed the highest ranking 'Band 1,' on the following Honigman practices in Michigan:
- Bankruptcy/Restructuring
- Corporate/M&A
- Intellectual Property
- Litigation: General Commercial
- Real Estate
Honigman's Labor and Employment and Immigration practices in Michigan were also recognized, as was Intellectual Property and Insurance: Dispute Resolution: Policyholder in Illinois. Newly ranked attorneys include Emily Garrison, Illinois (Insurance) and Meghan Covino and Carol Friend in Immigration in Michigan.
A few of the comments in the Chambers survey include:
- "Honigman demonstrated significant sophistication in helping us navigate difficult waters."
- "The service and responsiveness could not have been any better."
- "Honigman has a deep bench of talent."
- "This is the most responsive law firm that I have ever worked with."
"Our excellent Chambers USA rankings continue to distinguish us from our peers," said David Foltyn, Honigman Chairman and CEO. "I'm honored to work alongside these exemplary attorneys and appreciate our clients, who, like Chambers, continue to acknowledge our quality work and reputation every year. In our Illinois office, we're also proud to have ranked for a second year in Intellectual Property and for the first time for Insurance: Dispute Resolution."
Chambers rankings are based on a range of professional qualities and are independently audited by Chambers USA.
On the individual level, 23 Honigman attorneys were recognized and seven of them are ranked in 'Band 1.'
Eminent Practitioner
- David Foltyn
Bankruptcy/Restructuring
- E. Todd Sable
Corporate/M&A
- Donald Kunz (Senior Statesperson)
- Barbara Kaye
- David N. Parsigian
- Michael D. DuBay
- Phillip D Torrence
- Tracy T. Larsen
Immigration
- Carol Friend
- Meghan Covino
Insurance: Dispute Resolution
- Emily Garrison, Illinois
- Paula E. Litt, Illinois
Intellectual Property
- Anessa Kramer
- J. Michael Huget
- Jonathan P. O'Brien
- Gregory Morris, Illinois
Labor & Employment
- Sean Crotty
Litigation: General Commercial
- I. W. Winsten
- Joseph Aviv
- Raymond W. Henney
Private Wealth Law
- Charles Nida
Real Estate
- J. Adam Rothstein
- Lowell D. Salesin
Honigman is an Am Law 200 full-service, general business law firm with more than 330 attorneys across the country in Chicago, Michigan (Ann Arbor, Bloomfield Hills, Detroit, Grand Rapids, Kalamazoo and Lansing), and our newest office in Washington, D.C. Our lawyers counsel clients on complex issues in more than 60 areas of law. For more information, visit www.honigman.com.
Chambers USA is the definitive resource for consumers of legal services in the United States. Through their ranking tables and editorial, they provide reliable and trusted recommendations to enable businesses to make an informed decision when selecting outside legal counsel. For details, visit chambers.com
Contact:
Carolyn Artman, Mort Crim Communications, Inc., (MCCI), for Honigman
cartman@mccicorp.com
313.269.4729
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SOURCE Honigman LLP | https://www.kxii.com/prnewswire/2022/06/01/honigman-earns-five-prestigious-band-1-practice-rankings-most-michigan-chambers-usa/ | 2022-06-01T20:10:45Z |
For 13 years I worked in county election systems technical support. I supported many changes to these systems; all to improve already good systems.
Improvements included compliance with the 2002 Help America Vote Act and the 2010 Military and Overseas Voter Empowerment Act. Improvements involved the county, the Texas Secretary of State elections department, the Texas Department of Public Safety and the Social Security Administration. All worked together to assure fair and secure elections.
Other than redistricting, there is little wrong with our election system. We have one of the best election systems in the world. After Florida’s problems with the 2000 presidential election, election systems of every state were improved and modernized by the 2002 Help America Vote Act which passed overwhelmingly by the House and the Senate; and, signed into law by President Bush. Sad; how soon we forget how to work together.
The attacks on the integrity of our election systems are baseless. Those breaking the law disrupting an election process should be prosecuted as the criminals they are and known as traitors they have become.
Nothing cheated Donald Trump in the 2020. What a shameful lie; how embarrassing if you believe this. You put a party before country? Or worse, you put one person before country? And then, you call yourself a patriot?
Thank God we still have a few “real” Republicans with profiles in courage like Rep. Liz Cheney and Rep. Adam Kinzinger; and, in the end, Vice President Mike Pence. Rep. Cheney and Rep. Kinzinger they are welcome in Texas. Texas is in need of a few good Republicans with profiles in courage; the state is in painfully short supply.
M. Zimmerman
Belton | https://www.tdtnews.com/news/letters_to_the_editor/article_859700d0-dba2-11ec-b112-2f270b42b986.html | 2022-05-25T11:13:44Z |
STOCKHOLM, July 25, 2022 /PRNewswire/ -- During the period July 18 - July 22, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 269,645 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the company's capital structure.
The share buybacks form part of the buyback program of a maximum of 8,000,000 series B shares for a total maximum amount of SEK 1,250 million, which AB Electrolux announced on April 29, 2022. The buyback program, which runs between May 2, 2022 - October 21, 2022, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation 2016/1052 (the "Safe Harbour Regulation"). The objective of the share buybacks is to optimize the company's capital structure and the intention is to reduce Electrolux share capital through subsequent share cancellations.
Series B shares in AB Electrolux have been repurchased (in SEK) as follows:
All acquisitions have been carried out on Nasdaq Stockholm by Citigroup Global Markets Europe AG on behalf of AB Electrolux. Following the above acquisitions, AB Electrolux holding of own shares as of July 22, 2022 amounts to 9,879,721 series B shares. The total number of shares in AB Electrolux amounts to 283,077,393.
A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.
For further information, please contact:
Sophie Arnius, Investor Relations, +46 70 590 80 72
Electrolux Press Hotline, +46 8 657 65 07
This information was brought to you by Cision http://news.cision.com
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SOURCE Electrolux | https://www.mysuncoast.com/prnewswire/2022/07/25/buybacks-series-b-shares-ab-electrolux-during-week-29-2022/ | 2022-07-25T14:10:52Z |
Alex Murdaugh pleads not guilty to murdering wife and son
WALTERBORO, S.C. (AP) — The once-powerful and now disbarred South Carolina attorney Alex Murdaugh pleaded not guilty on Wednesday to murdering his wife and son 13 months ago.
Prosecutors agreed to keep the evidence secret amid media attention. His defense said Murdaugh can’t afford to post any bond and wants a speedy trial because “he believes the killer or killers are still at large.”
The prosecution said all evidence shows he was responsible for the fatal shootings.
“The evidence in this case is substantial and it all points back to Alex Murdaugh. There is forensic evidence as well as other evidence of his guilt of these murders,” said Creighton Waters, a deputy state attorney general.
“Our response to that is he’s wrong. And that’s why a jury will sit in that jury box,” defense lawyer Dick Harpootlian said.
Murdaugh has been behind bars since October, charged with financial crimes and several other misdeeds that were uncovered after the killings of his wife Maggie, 52, and their 22-year-old son, Paul, at the family’s Colleton County hunting estate in June 2021.
Murdaugh, 54, was indicted last week on two counts of murder and two counts of possession of a weapon during a violent crime.
The indictment wasn’t read in court on Wednesday, and court papers made public to date don’t indicate how police linked Murdaugh to the deaths after 13 months of investigation. Nor do they contain any clues as to why a man who had no criminal history and was part of a wealthy, well-connected family that dominated the legal community in the tiny town of Hampton might have wanted to kill his own family members.
Authorities have been tight-lipped since the start of the investigation. Last year, they released the late-night 911 call in which Murdaugh reported finding the bodies of his wife and son outside by the dog kennels on his estate. The coroner said both victims had been shot multiple times. The indictments add a new detail: an allegation that Murdaugh killed his wife with a rifle and his son with a shotgun.
“It was very clear from day one that law enforcement and the Attorney General prematurely concluded that Alex was responsible for the murder of his wife and son,” the defense wrote ahead of Wednesday’s hearing. “But we know that Alex did not have any motive whatsoever to murder them.”
Circuit Judge Clifton Newman presided. He also denied bond for Murdaugh on the financial crimes charges. A different judge later set bond at $7 million but Murdaugh was unable to pay it and has remained in jail. His lawyers have complained several times that the bond was set too high, and said that because of lawsuits and frozen assets Murdaugh couldn’t even afford to buy underwear from the jail store.
If convicted of murder, Murdaugh faces 30 years to life in prison without parole. Under state law, prosecutors could also choose to seek the death penalty because more than one person was killed.
The four new indictments connected to the slayings added to a pile of 80 other charges lodged against Murdaugh by investigators who have scrutinized every part of his life over the past year. No trial dates have been set for any of the cases.
Prosecutors said the once-prominent attorney stole more than $8 million in settlements and other money from clients, committed fraud and lied to police by trying to arrange his own death so his surviving son could collect a $10 million life insurance policy. Murdaugh was also charged last month with co-running a $2 million money laundering and drug ring.
The murder charges and other cases are being prosecuted by the South Carolina Attorney General’s Office because of links Murdaugh has to the local 14th Circuit Solicitor’s Office. The office’s jurisdiction includes Colleton County and Hampton County, where Murdaugh’s father, grandfather and great-grandfather were the elected prosecutors for 87 consecutive years.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/20/alex-murdaugh-pleads-not-guilty-murdering-wife-son/ | 2022-07-20T15:31:33Z |
A Temple couple faces animal cruelty charges after they were accused of leaving three dogs outside without food or water for more than two weeks in February.
Katherine Lynn Schilling, 35, was arrested on Temple Police Department warrant in the Cooke County city of Gainesville and returned to Bell County on Tuesday. She remained in custody at the Bell County Jail on Wednesday in lieu of a $3,000 bond.
Schilling and John Jason South, 44, both face animal cruelty charges, Class A misdemeanors, Temple police said.
South was arrested by a Coryell County Sheriff’s deputy on March 16 and later posted a $2,500 bond in Coryell County.
Kiara Nowlin, a city of Temple spokeswoman, said officers and an animal control unit were dispatched to a home in the 1800 block of South 45th Street on Feb. 2.
Three pit bull pups — two male, one female — were left unattended out in the yard while the homeowners were away for two and a half weeks.
“A concerned neighbor notified police that the dogs were outside and the homeowners had not been home for some time,” police spokeswoman Nohely Mackowiak said.
Further investigation by police revealed that the homeowners had left out of state and failed to return, leaving the dogs unattended without adequate food and/or water. The dogs were about 18 months old at the time of the incident.
“A search and seizure warrant was obtained, and the animals were removed from the residence and provided medical care,” Nowlin said.
The malnourished dogs were treated for some injuries.
“Animal Services fed the dogs and transported them to Animal Medical Care for treatment and evaluation,” Mackowiak said. | https://www.tdtnews.com/news/central_texas_news/article_0ac898e0-0880-11ed-b050-5faceff73138.html | 2022-07-21T00:22:21Z |
A bipartisan group of senators is trying to extend pandemic school meal waivers that gave districts extra federal funds and flexibilities to provide free food to more kids and to cope with supply chain and labor issues.
Michigan Sen. Debbie Stabenow, a Democrat, and Alaska Sen. Lisa Murkowski, a Republican, introduced a bill on Thursday that would give the US Department of Agriculture the authority to extend the waivers through September 2023, instead of having them expire June 30, 2022.
The legislation -- which has the other 49 Senate Democrats as co-sponsors, as well as Republican Sen. Susan Collins of Maine -- would also require schools to craft plans to transition back to normal meal operations.
"All the issues that affect other parts of the economy are affecting our school programs," Stabenow told CNN, referencing the spike in food prices, supply chain breakdowns and labor shortages. "We gave them extra financial support to be able to juggle these increased costs. And those costs have not gone away."
Congress did not include an extension of the waivers in the full-year spending bill that lawmakers approved earlier this month. As a result, districts are set to see a 40% reduction in meal reimbursements from the USDA and will have to meet strict federal nutrition and serving requirements after this school year.
The latest extension effort, however, faces many hurdles. It needs at least 10 GOP votes to pass the chamber. Stabenow, who chairs the Senate Committee on Agriculture, Nutrition and Forestry, hopes to include the provision in the additional Covid-19 funding package the Biden administration is requesting from Congress.
Asked about the extension during the spending bill negotiations earlier in March, a GOP leadership aide said the waivers were designated as "temporary" Covid-19 measures and that the Biden administration did not include the extension in its Covid funding request. Also, many of the waivers are designed to assist when schools are forced to close, which is no longer a focus.
Plus, the aide said, the estimated $11 billion cost of extending the waivers for another school year could be covered using unspent funds in the Covid-19 relief package the Democrats passed last March.
Helping schools cope with Covid-19
Congress gave the USDA the authority to boost school meal reimbursement rates and to waive certain requirements in a coronavirus relief package approved in March 2020 and then again in a federal spending measure that fall. School districts were scrambling to provide millions of children with the meals they would have received had schools not shut down because of the Covid-19 pandemic.
The USDA is using the authority to help schools cope with the higher cost of providing meals during the pandemic and with the ensuing supply chain chaos and labor shortages. It is reimbursing districts at a summer rate of $4.56 per meal, on average, as opposed to the typical $2.91 per meal for the school year. It is also allowing schools to provide free meals to all students, instead of requiring them to verify families' incomes.
Around 30 million students are now receiving free meals, according to the USDA, up from about 20 million children who qualified based on their household income prior to the pandemic.
Also, the agency is able to provide districts with more flexibility to handle pandemic outbreaks -- such as letting students eat in their classrooms or providing grab-and-go meals for children who must quarantine at home.
The USDA can also waive penalties for school districts that can't meet nutrition requirements -- including those governing whole grains, sodium and vegetables -- because of supply chain problems.
Some 92% of school meal programs are experiencing challenges due to supply chain disruptions, according to a USDA survey released in early March. Products are not available, orders are arriving with missing or substituted items, and shortages of cooks, food prep personnel, drivers and maintenance staff continue. This is forcing schools to pay more for food and workers.
The waivers have also had a big impact on providing children with meals over the summer, which typically has much lower participation than in-school meals. More communities can offer free food to all children at summer programs, thanks to the waivers. Parents can pick up multiple meals at a time and can take them home to their kids.
Without the waivers, only communities where at least 50% of children are eligible for free meals can offer food over the summer. The meals must be distributed at an approved location and eaten on site.
Last July, an average of nearly 7.6 million children received a meal each day through the summer program, compared with 3.7 million kids in July 2019, according to the USDA.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/senators-push-to-extend-pandemic-school-lunch-waivers/article_061fa927-9d96-51b0-aa4d-78f06658c721.html | 2022-04-01T01:02:09Z |
REDWOOD CITY, Calif., July 26, 2022 /PRNewswire/ -- Because Market, a Direct-to-Consumer brand that focuses on the ever-evolving needs of older adults, is celebrating its 5th birthday. After looking for incontinence supplies for his family and coming up short, co-founder Alexi Suvacioglu embarked on a mission to bring high-quality bladder protection products discreetly to customers' homes. 5 years later, the company has served over 450,000 customers and is one of the few Direct-to-Consumer companies to focus exclusively on the underserved older adult demographic.
While Because is celebrating a birthday this month, not everyone, especially those aged 50+, feels celebratory about getting a year older. After reaching a certain age, individuals are often faced with messages that reinforce negative attitudes about aging. To help reframe these attitudes, Because is partnering with Changing the Narrative, a non-profit focused on ending ageism. For the month of August, Because will be giving away age-friendly birthday cards from Changing the Narrative's Anti-ageist Birthday Card Project, to help people re-frame aging, starting with their own friends and family.
"Research shows that thinking positively about aging can improve our health and increase our lifespan. Unfortunately, we're often surrounded by ageist messages. We're excited to partner with Because to push back on the idea that aging is equivalent to decline" says Janine Vanderburg, Director and Chief Catalyst at Changing the Narrative.
"The older adults in my personal life have always been an inspiration to me," says Alexi. "We believe in connecting our customers with products that can help maximize the longevity and quality of life, and we think these cards are another small way to do that."
For the month of August, Because will be giving away age-friendly birthday cards for individuals to send to loved ones as an alternative to the predominantly negative messages that are available today.
Like, follow, and comment #becauseagingisliving on Facebook @becausemarket or Instagram @because_market, until supplies last.
Because Market is a direct-to-consumer company focused on older adults. We started in 2017 with a simple idea - to make it easier for our families to get the products they needed. Today, we are on our way to becoming the #1 trusted brand for older adults, with the goal of helping millions lead vibrant, independent lives. For more information, visit BecauseMarket.com.
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SOURCE Because Market | https://www.wibw.com/prnewswire/2022/07/26/because-market-celebrates-5th-anniversary-with-anti-ageist-birthday-cards/ | 2022-07-26T19:44:50Z |
Protecting students: School district adds artificial intelligence to increase security
PEORIA, Ill. (WEEK/Gray News) - A school district in Illinois has approved a new security system officials say should better protect students.
WEEK reports Peoria Public Schools will be getting a new security system that will operate without being noticed. The security system is known as Intellisee, and the company says it is a real-time artificial intelligence security platform.
The system consists of 64 cameras that would reportedly learn over time to protect kids as they go about their day at school.
According to an Intellisee representative, data will be analyzed in real-time to identify objects and people while recording footage for future playback. It will also alert staff to handle whatever problem it detects if it poses a danger of some kind.
The security system is expected to notify a custodian if it detects a puddle or police if a shooting incident is being monitored.
“This is just simply adapting with the current climate of what a school day could look like in 2022,” said Mike Murphy, with the Peoria Public Schools school board.
Members of the school district shared that none of the data or video collected would leave the servers, meaning no third parties would have access.
During Tuesday’s meeting on the new security system, members of the school board brought up the deadly shooting in Uvalde, Texas. An incident that district leaders said they want to do everything they can to avoid it from happening locally.
“As a district, we need to learn from that situation, and learning from that means putting different things in place that could potentially stop the threat of violence inside of our schools,” said Gregory Wilson, with the Peoria Public Schools board.
Officials said the system is expected to be active at the beginning of the upcoming school year, with payment coming from state funds and grants focused on student support.
Peoria Public Schools board members said the district has agreed to a one-year contract with Intellisee.
“We want to make sure it’s safe, and we’re going to do our job as a district to ensure school safety,” Wilson said. “A top priority is the safety of our students, staff, teachers and administrators.”
Copyright 2022 WEEK via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/29/protecting-students-school-district-adds-artificial-intelligence-increase-security/ | 2022-07-29T22:44:44Z |
Man hands meth to officers during traffic stop instead of registration, police say
BRIDGEPORT, W.Va. (WDTV/Gray News) - Two men are facing charges after police said they found drugs on the men while conducting a traffic stop over the previous weekend.
According to a criminal complaint, officers with the Bridgeport Police Department stopped a vehicle on a local highway for improper registration, as reported by WDTV.
Authorities said officers made contact with the driver, Roy Porter, 57, and he handed over a packet believed to be the registration information for the vehicle.
However, during the process, a small plastic bag fell out, which police said contained a crystal-like substance that was consistent with methamphetamine.
Officers report a K-9 unit was called, resulting in a positive indication of drugs in the vehicle. Porter was found to have approximately 4 grams of meth in his possession.
Police said Jared Mayle, the passenger in the vehicle, was then found to have two plastic bags with him containing about 220 grams of meth.
Porter has been charged with conspiracy to commit a felony, and Mayle was charged with possession with intent to deliver a controlled substance, according to police.
Copyright 2022 WDTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/20/man-hands-meth-officers-during-traffic-stop-instead-registration-police-say/ | 2022-04-20T22:37:21Z |
NEW YORK, July 29, 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
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA), in connection with the proposed acquisition of IEA by MasTec, Inc. ("MasTec"). Under the terms of the merger agreement, IEA shareholders will receive $14.00 per share in cash and 0.0483 shares of MasTec common stock for each IEA share owned, representing implied per-share merger consideration of approximately $17.81 based upon MasTec's July 28, 2022 closing price of $78.96. If you own IEA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/iea
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Shell Midstream Partners, L.P. (NYSE: SHLX), in connection with the proposed acquisition of SHLX by Shell USA, Inc. ("Shell USA"). Under the terms of the merger agreement, SHLX unit holders will receive $15.85 in cash for each Public Common Unit of SHLX common stock owned. A subsidiary of Shell USA currently owns 269,457,304 SHLX common units, or approximately 68.5% of SHLX common units. If you own SHLX shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/shlx
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Zymergen Inc. (NASDAQ: ZY), connected with the proposed acquisition of ZY by Ginkgo Bioworks Holdings, Inc. ("Ginkgo"). Under the terms of the merger agreement, ZY shareholders will receive 0.9179 shares of Ginkgo common stock for each ZY share owned, representing implied per-share merger consideration of approximately $2.61 based upon Ginkgo's July 28, 2022 closing price of $2.84. If you own ZY shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/zy
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of RADA Electronic Industries Ltd. (NASDAQ: RADA), in connection with the proposed merger of RADA with Leonardo DRS Inc. ("Leonardo DRS"). Upon completion of the transaction, Leonardo DRS will acquire 100% of the share capital in RADA in exchange for approximately 19.5% equity ownership to RADA shareholders in the combined company. If you own RADA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/rada
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/07/29/shareholder-alert-weiss-law-reminds-iea-shlx-zy-rada-shareholders-about-its-ongoing-investigations/ | 2022-07-29T22:04:17Z |
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