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The annual campaign from ACEP and NAEMT celebrates emergency medical services professionals May 15-21, 2022
WASHINGTON, May 13, 2022 /PRNewswire/ -- The American College of Emergency Physicians (ACEP), in partnership with the National Association of Emergency Medical Technicians (NAEMT), is proud to announce the theme for EMS Week 2022: Rising to the Challenge. The annual EMS Week campaign, which recognizes the professionals who provide emergency medical services in communities across the country, takes place May 15-21 this year.
"This is the 47th annual celebration of EMS Week, where we honor our frontline heroes, dedicated to providing emergency medicine that saves so many lives every day," said Gillian Schmitz, MD, FACEP, president of the American College of Emergency Physicians. "The theme of 'Rising to the Challenge' is particularly meaningful as it reminds our nation that EMS professionals are faced with so many challenges today and they still rise above them. Through it all, EMS continues to respond, support and care for the needs of our communities."
The EMS Week campaign supports and strengthens the EMS community by honoring accomplishments and increasing awareness of the critical role of EMS. Resources for promoting and celebrating EMS Week and inspiring stories about EMS professionals can be found on www.emsweek.org
"EMS Week is a time to recognize how our nation's paramedics and EMTs have risen to the challenge time and time again in response to the needs of our patients and our communities," said Chief Bruce Evans, MPA, CFO, NRP, SPO, President of the National Association of Emergency Medical Technicians. "We show up every day despite personal risk, hardship, and inadequate resources. The extraordinary environment in which we've operated during the past two years showcases our resilience, our dedication, and our readiness."
EMS Week dedicates each of six days to a specific theme, and first responders are encouraged to plan activities and events around these themes in their communities:
- Sunday, May 15: Health, Wellness and Resilience Day
- Monday, May 16: EMS Education Day
- Tuesday, May 17: EMS Safety Day
- Wednesday, May 18: EMS for Children Day
- Thursday, May 19: Save-A-Life Day (CPR & National Stop the Bleed Day)
- Friday, May 20: EMS Recognition Day
Integral to the campaign's success is the involvement and support from the corporate sponsors, strategic association partners and strategic media partners:
Corporate Supporters: FirstNet Built with AT&T, T-Mobile for Government, National Registry of Emergency Medical Technicians, American Red Cross, Teleflex, AdvancedCPR Solutions, Bound Tree Medical, Laerdal Medical and Life- Assist.
Strategic Association Partners: American Ambulance Association, Association of Air Medical Services, Commission on Accreditation for Prehospital Continuing Education, Committee on Accreditation of Educational Programs for the EMS Professions, International Association of Fire Chiefs, International Association of Flight and Critical Care Paramedics, International Public Safety Association, National Association of EMS Educators, National Association of EMS Physicians, National Association of State EMS Officials, National EMS Management Association, National EMS Quality Alliance, National Fire Protection Association and National Volunteer Fire Council.
Strategic Media Partners: EMS1.com, EMS World and JEMS/EMS Today. Visit www.emsweek.org for more information about EMS Week 2022.
The American College of Emergency Physicians (ACEP) is the national medical society representing emergency medicine. Through continuing education, research, public education and advocacy, ACEP advances emergency care on behalf of its 40,000 emergency physician members and the more than 150 million people they treat on an annual basis. For more information, visit www.acep.org and www.emergencyphysicians.org.
About NAEMT
Formed in 1975 and more than 72,000 members strong, the National Association of Emergency Medical Technicians (NAEMT) is the only national association representing the professional interests of all emergency and mobile healthcare practitioners, including emergency medical technicians, advanced emergency medical technicians, emergency medical responders, paramedics, advanced practice paramedics, critical care paramedics, flight paramedics, community paramedics and mobile integrated healthcare practitioners. NAEMT members work in all sectors of EMS, including government agencies, fire departments, hospital-based ambulance services, private companies, industrial and special operations settings and in the military. For more information, visit www.naemt.org.
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SOURCE American College of Emergency Physicians (ACEP) | https://www.mysuncoast.com/prnewswire/2022/05/13/rising-challenge-campaign-theme-honors-ems-professionals-during-national-ems-week/ | 2022-05-13T14:22:15Z |
The far side of the moon, which we can never see from our vantage point on Earth, looks surprisingly different than the orb we're used to seeing in the night sky.
The near side we are so familiar with appears darker in places -- the result of the vast ancient lava flows, called lunar mare -- while the far side is covered in pock marks and craters but no mare.
Why the two sides of the moon are so different has long puzzled space scientists. However, a study published last week in the journal Science Advances has come up with a new explanation for this lunar mystery.
Researchers at Brown University studied the largest impact crater on the moon, known as the South Pole-Aitken basin (or SPA). Some 1,615 miles (2,600 kilometers) wide and five miles deep, it was formed by a massive space object that slammed into the moon -- perhaps a wayward dwarf planet -- when the solar system was being formed.
The researchers found that the impact that formed the basin would have created a massive plume of heat that spread the moon's interior, according to the statement. That plume would have carried certain materials to the moon's nearside, fueling the volcanism that created the volcanic plains.
"We know that big impacts like the one that formed SPA would create a lot of heat," said Matt Jones, a doctoral candidate at Brown University and the study's lead author, in a news release.
"The question is how that heat affects the Moon's interior dynamics. What we show is that under any plausible conditions at the time that SPA formed, it ends up concentrating these heat-producing elements on the nearside.
"We expect that this contributed to the mantle melting that produced the lava flows we see on the surface."
The volcanic plains on the near side of the moon are home to a group of elements including potassium, rare earth elements, phosphorous among others -- known as Procellarum KREEP terrane (PKT) that is rare elsewhere on the moon.
The researchers conducted computer simulations of how heat generated by a giant impact would alter patterns of heat transfer in the Moon's interior, and how that might redistribute KREEP material in the lunar mantle.
According to their model, the KREEP material would have ridden the wave of heat emanating from the impact zone "like a surfer" whether the impact was a direct hit or just grazed the moon. As the heat plume spread beneath the moon's crust, that material was eventually delivered to the nearside.
"How the PKT formed is arguably the most significant open question in lunar science," Jones said in the news release.
"And the South Pole-Aitken impact is one of the most significant events in lunar history. This work brings those two things together, and I think our results are really exciting."
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/scientists-come-up-with-fresh-take-on-moon-mystery/article_7a303314-f617-59ac-a0b3-4a3e7dc3c7ca.html | 2022-04-11T21:54:51Z |
Services for Richard Neilsen Cronberg, 79, of Temple will be 11 a.m. today in Bellwood Memorial Park Cemetery in Temple.
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Services for Richard Neilsen Cronberg, 79, of Temple will be 11 a.m. today in Bellwood Memorial Park Cemetery in Temple.
Mr. Cronberg died Tuesday, July 26.
He was born Aug. 18, 1942, in Glendale, Calif.
Crawford-Bowers Funeral Home in Temple is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_ccf671b6-1371-11ed-beb6-fbf845483ab3.html | 2022-08-04T09:15:17Z |
As part of a greater effort to reduce its environmental footprint, Trek's new line of jerseys, shorts and socks contains recycled fiber and diverts 40 tons of pre-consumer waste from landfills
WATERLOO, Wis., April 7, 2022 /PRNewswire/ -- In a continued effort to prioritize sustainability and reduce the company's overall environmental footprint, Trek Bicycle is reimagining what is possible for professional-grade cycling apparel with the launch of its first-ever line of clothing made from sustainably sourced materials. The new line of apparel includes cycling jerseys, shorts, and socks made with recycled materials, including fabric fibers spun from recycled plastic water bottles and pre-consumer textile waste. In total, the spring/summer apparel collection diverts 40 tons of material from landfills annually.
The fashion industry is the third most polluting sector after the oil and gas industry, and is more detrimental to the environment than agriculture and maritime shipping combined — 87% of the total fiber input used to manufacture clothing worldwide ends up incinerated or disposed of in landfills. The new apparel line from Trek is designed and manufactured with more sustainably sourced materials, tackling the environmental impacts of the fashion industry head on. The brand put forth a conscious effort to source fabrics with recycled content to reduce harmful waste, all while maintaining professional quality to ensure a comfortable fit for any ride. The new Trek-branded cycling apparel delivers premium quality, comfort, and top performance that matches all products under the Trek name.
"Trek is dedicated to contributing to a greener future and we recognize the responsibility we hold to ensure that the goods we source, produce, and bring to market are created with our environmental footprint top of mind," said Eric Bjorling, Trek Bicycle Director of Brand. "Every decision we make, from the supply chain to retail and how our gear ends up in customers' homes is focused on a more sustainable future. We are proud of the innovation we've accomplished so far with the new apparel line but know there is more work to be done."
The new collection includes a variety of men's, women's, and youth products, including:
- Road Shorts: Velocis, Circuit, and Solstice road shorts are getting an upgrade with recycled nylon fibers made from textile waste. Each pair of shorts in the collection are specifically designed to maintain the product's comfort and durability. In total, each pair of cycling shorts in the collection prevents on average 6.1 oz of textile waste from going to landfill, resulting in a total of 40 tons of textile waste saved.
- Cycling Jerseys: The newest RSL, Circuit, and Solstice jerseys from Trek are made from recycled plastic water bottles. The plastic is converted into pellets that are then spun into a yarn, creating a recycled polyester fiber. In total, the collection of jerseys will save more than 1.9 million plastic water bottles from landfills with each jersey made recycling 12-28 plastic water bottles.
- Socks: The Race socks will be available in three models: reflective, crew, and quarter. The socks feature a soft and compressive fabric made with COOLMAX® EcoMade recycled polyester yarns. Strategically placed ventilation on the top and bottom of the foot bed, allows for proper breathing space.
Most new jerseys and shorts are made with materials that are OEKO-TEX Certified and Bluesign® approved.
In addition to the new apparel line, Trek is switching their apparel packaging to be made of 100% recycled content. Through this initiative, Trek has eliminated nearly 400lbs of plastic laminate on jersey and short hangtags. They are also removing an additional chamois hangtag to save over 750lbs of paper. In eliminating any non-recycled content from their packaging, the brand has eliminated over 350,000 single use plastic bags.
Protecting the planet from harmful chemicals and pollutants took years of planning, research and testing, resulting in Trek's comprehensive collection of eco-conscious products. Trek is offering customers a 30-day unconditional guarantee. If for any reason they are not satisfied with the purchase of the sustainable apparel after a 30-day "test ride," products can be returned with the original sales receipt to the original place of purchase for an exchange or refund.
Trek first shared their mission to reduce their carbon footprint in their 2021 Sustainability Report and will continue to dedicate significant resources to protecting the planet and a greener future.
For more information, please visit the Trek website.
About Trek Bicycle
Trek Bicycle is a global leader in the design and manufacturing of bicycles and related products. Trek believes the bicycle can be a simple solution to many of the world's most complex problems and is committed to breaking down the barriers that prevent people from using bicycles more often for transportation, recreation, and inspiration.
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SOURCE Trek Bicycle Corporation | https://www.kxii.com/prnewswire/2022/04/07/trek-bicycle-launches-its-first-cycling-apparel-line-that-contains-more-sustainably-sourced-materials/ | 2022-04-07T16:57:21Z |
Operating system for long-term care uses data-driven approach to drive down incident response time by 70%, and improve care for residents
NEW YORK, July 28, 2022 /PRNewswire/ -- Sage, a technology company committed to reinventing care for older adults, has raised $9 million in seed funding to offer caregivers a modern operating system to replace outdated and inefficient tools inside senior living facilities. Sage is led by co-founders Raj Mehra, Ellen Johnston, and Matt Lynch, who met through Palantir Technologies and its network, and bonded over shared experiences in witnessing loved ones struggle with receiving care.The seed round was led by Goldcrest Capital, and includes participation by existing investors ANIMO Ventures, Distributed Ventures, and Merus Capital.
Sage is a software platform that captures essential data to prevent emergencies and improve quality of life. Sage works by connecting older adults to caregivers when they need help. Caregivers use the Sage platform to coordinate incident responses and triage quickly and effectively. Care managers use the data collected by Sage to understand the evolution of a resident's needs in real-time, view staff performance metrics such as incident response time, and prevent emergencies through proactive care.
"I saw first-hand the challenges that my grandmother had in retaining her independence as she aged. At the same time, her caregivers had limited tools to support their efforts, and it wasn't sustainable. Each and every day, we hear stories about how our technology is improving lives. I am proud of our team who is committed to giving the industry best-in-class software to keep older adults safer and give caregivers leverage in their day-to-day care," says Raj Mehra, co-founder and CEO at Sage.
With Sage some of the largest owners of senior housing in the United States have been able to reduce emergency response times by an average of 70%, while also increasing staff satisfaction by over 50%. Currently care is often assessed subjectively and infrequently, leading to inaccurate care plans that can result in emergencies. Per the World Health Organization, each year approximately 30-50% of people living in long-term care institutions experience a fall, which frequently results in an ER visit. With the help of Sage data, managers can identify anomalies and trends to proactively address issues before a resident requires urgent attention.
"We've been deeply impressed by how Sage has transformed the lives of caregivers and care for older adults in a short period of time. With the population of older adults expected to double to 1.5 billion by 2050, older adults deserve greater attention and technology like Sage to live longer and better lives," says Adam Ross, Partner at Goldcrest Capital.
This latest round of funding will go towards expanding a mission-driven team passionate about protecting older adults, building out the platform, and scaling Sage's impact on older adults and caregivers.
Sage is an operating system that replaces nurse call systems. Older adults and caregivers are connected through best in class hardware and software solutions. Sage seamlessly captures essential data that saves lives, from identifying health anomalies and increases in level of care, to understanding staff performance. Sage's data platform captures data and generates insights to help facilities make better care decisions for residents while empowering managers to operate facilities more efficiently. For more information about Sage, please visit www.hellosage.com
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SOURCE Sage | https://www.mysuncoast.com/prnewswire/2022/07/28/sage-closes-9m-improve-senior-living-facilities-amp-reshape-caregiving-with-data/ | 2022-07-28T14:16:25Z |
PARK CITY, Utah, Sept. 6, 2022 /PRNewswire/ -- Wolfgramm Capital has acquired the Waldorf Astoria Park City hotel in Park City, Utah, according to Co-Founder and CEO of Wolfgramm Capital, Phil Wolfgramm. The property was acquired off-market and as part of an all-cash deal. Wolfgramm Capital impressively adds the luxury hotel to its portfolio within its first year of business. The luxury resort continues to be managed by Hilton.
Waldorf Astoria Park City is part of Waldorf Astoria Hotels & Resorts, one of Hilton's three distinct luxury brands. Situated at the base of Park City Mountain Resort, Waldorf Astoria Park City offers an ideal setting for an unforgettable luxury mountain vacation featuring spectacular views of the ski slopes and picturesque Wasatch Mountains. As Park City's only luxury hotel with slope-side and ski in ski out access to the largest ski and snowboard resort in the U.S, guests can discover all that the destination has to offer year-round from winter activities including skiing, snowshoeing and bobsledding to summer activities from fly fishing, biking, hiking and more.
The resort's authentic sense of place is reflected throughout the property from its distinct design aesthetic and locally-inspired food and beverage scene to its custom amenities, services and array of signature experiences. Its guest rooms and suites are appointed with custom furnishings and for suites, top-of-the-line kitchens. Integral to the guest experience is the hotel's 16,000-square-foot award-winning Waldorf Astoria Spa as well as the resort's all-day dining signature restaurant and bar, Powder. Additionally, Waldorf Astoria Park City features intimate meeting and event space as well as an expansive outdoor patio with fire pits, a heated pool and Jacuzzis.
"Wolfgramm Capital is delighted to be working with Hilton, the current lodging unit owners, the HOA, and their asset manager, CooperWynn Capital, in this endeavor. We are enthusiastic about taking this hotel to the next level and intend to infuse approximately sixty million dollars into the property. We look forward to sharing more about these enhancements at a later date," said Koloa Wolfgramm, COO, Wolfgramm Capital.
Waldorf Astoria Park City has been a crowd favorite since its opening in 2009. Commensurate with the surrounding mountainside aesthetic, the luxury hotel provides authentic dining and lodging experiences unique to the bustling ski-town. Just a 10-minute drive from Park City's historic Main Street laden with shops, boutiques, art galleries and more than 60 bars and restaurants, it is also only 35 minutes from Salt Lake City International Airport.
Formed in 2021 by Phil Wolfgramm, Koloa Wolfgramm, and Russell Handy, the new private equity real estate firm has amassed an impressive 200-million-dollar asset portfolio in its first eight months. With decades of combined experience in operating hotels, asset managing luxury resorts, consulting in the real estate legal field, and managing funds in the private equity sector, the principals of Wolfgramm Capital are uniquely positioned to capitalize on their experience to take the Waldorf Astoria Park City to the next level.
For more information regarding Wolfgramm Capital, please visit https://www.wolfgramm.com/ or email pr@wolfgramm.com
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SOURCE Wolfgramm Capital | https://www.kxii.com/prnewswire/2022/09/06/wolfgramm-capital-acquires-waldorf-astoria-park-city/ | 2022-09-06T11:32:45Z |
Adopt a Cow program brings dairy education to 1,700 classrooms; Wisconsin enrollment is open
MADISON, Wis., Aug. 11, 2022 /PRNewswire/ -- Register now for the "Adopt a Cow" 2022-23 program by Dairy Farmers of Wisconsin and Discover Dairy. Via this free program, classrooms follow the life of a calf through its first year on a Wisconsin dairy farm.
"It's fantastic to see educators and students in classrooms across all 50 states and 38 countries experience how dairy farms work, engage with the industry, and learn how dairy products reach their tables," said Karen Doster, the Director of Youth and School Programs at Dairy Farmers of Wisconsin.
Each Wisconsin classroom that enrolls in the Adopt a Cow program is paired with a calf from a Wisconsin dairy farm. Students discover photos, stories, and additional educational information about the calf's life on her farm, her food, living area, how the farmer cares for her, and more. Supplemental lessons and hands-on activities keep the students engaged all school-year-long to explore where their favorite foods come from and gain a deeper understanding of Wisconsin's $45.6 billion dairy industry. Several lessons follow common CORE standards in Math, Reading, and Science.
See what previous educator participants are saying about the hands-on dairy lessons:
- "I had no idea how 'adopting' a cow this year would be a highlight of our school year! Our class adopted the calf, Reese's, from the Brey Cycle Farm in Sturgeon Bay." 5th-grade teacher
- "My students look forward to learning about our adopted calf, Dulce, and getting updates on her growth and progress. They wrote letters to the farmer, and they have participated in several other activities that the Discover Dairy program has sent." 4th-grade teacher
"We chose to be part of the Adopt a Cow program because we want to connect with students so they can ask questions about dairy farming and its importance to their community," said dairy farmer Janet Clark of Vision Aire Farms, LLC in Eldorado, Wis. "We believe it is important to share how dairy farmers take care of their animals."
Wisconsin family farms involved in this year's program include Vision Aire Farms LLC in Eldorado, Synergy Family Dairy in Pulaski, and Orthridge Jerseys in Lancaster. Each farm has committed two or three calves to the program and Discover Dairy will assign calves to each participating classroom in fall.
K-12 educators are invited to register. The program also is ideal for homeschool classrooms, after-school and library programs, scout troops, 4-H groups, and more. To enroll in the 2022-23 Adopt a Cow program, educators should visit www.DiscoverDairy.com/adopt before the September 15, 2022 deadline.
Discover Dairy is an educational series managed by the Center for Dairy Excellence Foundation of Pennsylvania in partnership with American Dairy Association Northeast, American Dairy Association Indiana, Midwest Dairy, The Dairy Alliance, Dairy Farmers of Wisconsin, Dairy Council of Arizona and Nevada, Dairy West, New England Dairy, Dairy Farmers of Washington, American Dairy Association Mideast, Dairy Council of Florida, United Dairy Industry of Michigan, and Maine Dairy and Nutrition Council.
About Dairy Farmers of Wisconsin: Funded by Wisconsin dairy farmers, Dairy Farmers of Wisconsin is a non-profit organization that focuses on marketing and promoting Wisconsin's world-class dairy products. For more information, visit our website at wisconsindairy.org.
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SOURCE Dairy Farmers of Wisconsin | https://www.kxii.com/prnewswire/2022/08/11/moooove-back-into-classroom-with-cow-mascot/ | 2022-08-11T15:18:07Z |
MENLO PARK, Calif., Aug. 10, 2022 /PRNewswire/ - ActZero, a Gartner-recognized Managed Detection and Response (MDR) provider, today announced the addition of a Ransomware Readiness Assessment for small and medium-sized enterprises (SMEs). The program simulates a ransomware attack sequence, which can expose critical vulnerabilities and lateral pathways left open by existing tools. With this valuable visibility businesses can start reducing risk immediately.
Adversaries expect small businesses to lack proper ransomware defenses. With ActZero MDR, they can now prove them wrong.
Adversaries are turning up the pressure on their victims, demanding average ransoms nearing $1M, and these ransomware events are becoming more widespread. In response, cyber insurers are tightening the qualifying criteria and regulators strengthening compliance requirements, placing SMEs in further jeopardy.
Despite recent considerable investments of time and resources, SMEs' confidence in their cybersecurity posture remains low. Misguided efforts, including using single point protection products and dated threat intelligence to solve individual challenges simply doesn't scale. This may have even created a false sense of security preparedness. The Ransomware Readiness Assessment validates current vendor performance, demonstrating the gaps, and giving SMEs a clear picture of their security posture.
"Ransomware is constantly evolving and targeted to beat even the most popular prevention methods. Most cyber defense teams aren't aware how much ransomware techniques can evolve over a 24-hour period" said Chris Finan, President & Chief Operating Officer at ActZero. "Recent vulnerabilities like Follina and Log4J, show how quickly adversaries adapted their tactics to stay ahead of vendor mitigation guidance. Our assessments demonstrate how ActZero consistently and considerably outperforms its peers, protecting against the ransomware vulnerabilities they leave exposed."
Over the past few months of assessment activity, ActZero has discovered that, on average, its MDR service was able to detect and block a class-leading 89% of all common and recent ransomware events techniques and tactics, including emerging threats. Average dwell time figures were less than 17 minutes. Comparatively, its well-known legacy EDR, MDR and XDR industry peers detected and blocked an average of only 18%, 40%, and 54% respectively, with an average dwell time of 1 hour 38 minutes, enough time to cause considerable damage in an enterprise's ecosystem. ActZero continues to use learnings from completed assessments to introduce new detections in its effort to eliminate cyber threats.
The introduction of the Ransomware Readiness Assessment follows the company's announcement earlier this week regarding the launch of the Ransomware Task Force's Blueprint for Ransomware Defense, for which ActZero was a significant contributor. ActZero is positioned to help SMEs not only understand, plan for, and track implementation Safeguards, but complete the resilience effort through its MDR service.
Similar to penetration or vulnerability testing, ransomware simulations are an effective method of discovering weaknesses and closing the gaps before adversaries exploit them. SMEs looking to evaluate their current protections and begin the journey to improve their ransomware resilience are encouraged to REGISTER HERE for ActZero's complementary Ransomware Readiness Assessment.
For more information, please visit https://get.actzero.ai/complimentary-breach-assessment/
ActZero is a Gartner-recognized provider of Managed Detection and Response (MDR) services that offers 24/7 Ransomware Defense You Can Measure, providing threat protection for small and mid-size enterprises, empowering customers to improve their cybersecurity efforts without taxing existing budgets and resources. We combine our core AI and ML technologies and processes with human threat hunting and intelligence to detect and identify vulnerabilities, eliminating more threats in less time. We actively partner with our customers to drive security engineering, increase internal efficiencies and effectiveness and, ultimately, build a mature cybersecurity posture. Whether shoring up an existing security strategy, or building a primary line of defense, ActZero's client-first approach helps reduce the unique risks and gaps that could leave a business vulnerable to attack.
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SOURCE ActZero | https://www.mysuncoast.com/prnewswire/2022/08/10/actzero-announces-launch-class-leading-ransomware-readiness-assessment-eliminating-ransomware-protection-blindspots-businesses/ | 2022-08-10T10:54:30Z |
SAN FRANCISCO, July 26, 2022 /PRNewswire/ -- Routable, a modern and intuitive business payments platform with a focus on mass payouts, today announced its new Cross-Border Payments® solution which allows businesses to pay their vendors and contractors across 220+ countries. Routable's Cross-Border Payments solution enables companies to pay a growing global network of key third parties, permitting companies to expand their business globally while also easily onboarding thousands of new vendors and contractors. This is a competitive advantage for rapidly-growing companies that are looking for the right global payouts solution to take them from 1000's to 100,000's of payments a month.
"We work with companies that are scaling rapidly, with an increasing need to pay gig workers and vendors around the globe," said Omri Mor, co-founder and CEO of Routable. "This is particularly important for companies in the growing gig economy and marketplace spaces. Now, companies can rely on one seamless payout experience for both their domestic and global payout needs, and continue to grow their network of vendors and gig workers – no matter where they are located."
Key highlights of Routable's comprehensive Cross-Border Payments® include:
- Simplified global payouts – An intuitive and automated solution for both your domestic and global payouts, eliminating the need for multiple payment systems and complicated workflows.
- Complete global coverage – Send money to over 220 countries and territories with flexible payment options including International ACH and SWIFT, speeds, and currencies while maintaining full visibility into each payment.
- Built to support your teams – Deliver the ideal payouts experience for your finance, operations, and engineering teams with multiple options including handling payouts straight from your dashboard, or using a no-code CSV upload feature or build the ultimate payouts experience with a REST API.
- Real-time two-way sync into accounting software – Routable handles syncing your bill and payment details so customers can focus on global expansion. Integration into Netsuite is available now, with more coming soon.
- Transform your onboarding process – Onboard your vendors globally straight from your dashboard in seconds.
The majority of traditional cross-border payment solutions are built to support single peer-to-peer cross-border transactions or are often built to handle the traditional AP use case. Routable's Cross-Border Payments solution supports multiple payment methods and speeds with competitive transaction fees, making it possible for businesses to power global mass payouts at scale.
"Creating a payout experience that keeps our boutiques and business owners happy is essential to our business," said Sunil Gowda, Co-founder and CEO of Garmentory. "With Routable's Cross-Border Payments solution, I can now onboard and pay thousands of partners across the globe quickly with multiple options. Having full visibility into the payments process is essential to keeping our community of indie boutiques and designers growing."
The launch of Cross-Border Payments gives Routable customers access to the industry's leading B2B mass payouts solution while still offering a simple, flexible and secure payments infrastructure.
For more information, please visit www.routable.com.
Routable's secure B2B payments solution helps finance teams automate and simplify the payables process from invoice receipt to settlement. With support for your existing workflows and the flexibility to scale transactions from 100 to 100,000+, the platform was purpose-built to handle mass payouts while reducing time spent on manual tasks.
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SOURCE Routable | https://www.mysuncoast.com/prnewswire/2022/07/26/routable-launches-cross-border-payments-empower-businesses-scale-payouts-globally/ | 2022-07-26T10:09:45Z |
New claims detail failures that could have prevented Amari Boone's death
DALLAS, May 16, 2022 /PRNewswire/ -- The parents of Amari Boone continue to seek justice for their son, a North Texas toddler who was killed in April 2020 while under the watch of his temporary foster care placement. The amended lawsuit, filed in May during National Foster Care Month, names Texas Gov. Greg Abbott, who is responsible for the state's foster care system as the head of the Texas Department of Family and Protective Services (DFPS), as a defendant. The suit also cites new details of how the private foster care organization our community. our kids. and the state of Texas failed Amari. The Boone Family claims Amari's death was preventable if our community. our kids., its employees and contractors, and DFPS had followed safety protocols, proper supervision, and timely intervention.
Amari Boone was just 3 years old when he died after his third visit to the emergency room at Cook Children's Hospital just 40 days into his temporary foster care placement under the supervision of our community. our kids. An autopsy confirmed he suffered from a severe brain injury, and his death was ruled a homicide.
The suit alleges that our community. our kids. publicly positioned itself as the premier private organization to take over case management duties before Amari's death. According to the complaint, the state of Texas paid the company more than $90 million to serve as an exemplary, more efficient foster care system that would protect children from abuse. Sadly, Amari died under the supervision of our community. our kids., despite multiple signs of abuse that were reported by his Court Appointed Special Advocate (CASA), daycare director, family, and neighbors as early as two months before his death. The suit also claims that employees of our community. our kids. did not properly document these reports or follow procedures to conduct home visits and personally check on Amari.
"Texas foster care failed Amari at every step," says lawyer Russell Button of The Button Law Firm, representing the Boone Family. "It is infuriating to see our community. our kids. accept responsibility for Texas' foster children like Amari while collecting millions from the state, yet the organization simply passes the blame when tragedy strikes."
In addition, the three our community. our kids. employees named in the complaint—Shelia Roberson, Chaisity Frida-Caro, and Jalah Lawrence—were former DFPS workers. According to the complaint, our community. our kids. should have known the individuals' performance at the state agency did not comply with set standards of care or state laws to protect children. The suit states our community. our kids. hired the individuals, including Amari's case manager, who was assigned with the same case load, but never provided any further training or additional supervision to ensure that safety and legal compliance would be met when their roles at the private case management organization began in March 2020.
Lastly, new arguments in the suit state that CK Family Services, the DFPS subcontractor responsible for overseeing placements of foster children, did less than the bare minimum when screening Amari's unlicensed foster parents—failing to perform an adequate home study on the foster parents and neglecting to conduct separate individual interviews with the couple, which is required by law. The suit also claims that CK Family Services recommended the couple as safe fictive kin to DFPS even though the assessment revealed one had a criminal history and the couple "had very little experience caring for young children."
"We want Amari's legacy to spur positive changes in the Texas foster care system and prevent other children from experiencing the same fate as Amari's," says Button.
Amari Boone's family is represented by attorneys Russell Button and Ashley Washington of The Button Law Firm. The case is Ariana George and Rodney Boone, Individually and as Representatives of the Estate of Amari Boone, Deceased vs. ACH Child and Family Services, Shelia Roberson, Chaisity Frida-Caro, Jalah Lawrence, Gov. Greg Abbott, in his official capacity over the Texas Department of Family and Protective Services, and Covenant Kids, Inc. d/b/a CK Family Services, Cause No. CC-21-01363-D in Dallas County, Texas.
About the Button Law Firm
The Button Law Firm (buttonlawfirm.com) is a Texas-based personal injury law firm that represents individuals in meaningful litigation to make local communities safer, including medical malpractice, daycare injuries, catastrophic injuries, and automotive accidents. The firm has offices in Dallas, Houston, and Midland.
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SOURCE The Button Law Firm | https://www.mysuncoast.com/prnewswire/2022/05/16/slain-north-texas-toddlers-journey-justice-continues-with-amended-lawsuit-against-foster-care-organizations-texas-gov-greg-abbott/ | 2022-05-16T14:21:48Z |
PORTSMOUTH, N.H., June 28, 2022 /PRNewswire/ – TALON, an industry leader in providing groundbreaking healthcare technology solutions, has proclaimed July 1, 2022, as American "Healthcare Independence Day," citing the new regulations imposed by the "industry changing" No Surprises Act and Transparency in Coverage Rule.
According to a blog posted on TALON's website, the company says that July 1st marks an "incredible victory for the hundreds of millions of people who have been deprived, for far too long, of the real freedom to choose amongst healthcare providers who truly compete for their business—by offering fairer prices or better service."
Beginning on July 1, 2022, employers who offer health plans, but who have not posted their Machine-Readable Files (MRFs) to the internet can begin to be fined $100 per health plan member, per day, for failing to comply with this first component of the landmark Transparency in Coverage Rule. For a typical 500 employee company, that can mean annual fines of $35,000,000.
TALON Co-Founder, President, and CEO Mark Galvin says that, while the healthcare system has a long way to go to become a truly transparent, competitive marketplace, MRFs are a real and historic step in that direction. Galvin sees the No Surprises Act as one of the most important consumer protection measures regarding healthcare—ever.
"July 1st merits being dubbed "Healthcare Independence Day" because it heralds the start of our nation acknowledging that American healthcare consumers are not children. They are not wards of the state, nor are they 'lives' owned by health insurance companies," said Galvin. "American healthcare consumers deserve all the facts necessary to 'vote' with their feet and with their wallets as to who they select to pay for healthcare service. As of July 1, 2022, HEALTHCARE TYRANNY IS DEAD."
TALON has applied to have July 1st permanently recognized as "Healthcare Independence Day.'
TALON's mission is to educate, empower, and incentivize the American healthcare consumer to meaningfully reduce costs and create a healthier ecosystem. We've built the ultimate suite of software services designed to fulfill the requirements of the Transparency in Coverage Rule and No Surprises Act. Simply put, TALON protects healthcare stakeholders from overpaying for care while enabling seamless integration into the Payer's existing architecture, all without disruption or distraction. Our tools create free-market dynamics, starting with our ability to ensure full compliance with all mandates and extending through our consumer-driven MyMedicalShopper platform. Learn more at talonhealthtech.com.
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SOURCE MMS Analytics Inc. d/b/a TALON | https://www.wibw.com/prnewswire/2022/06/28/talon-proclaims-july-1st-healthcare-independence-day/ | 2022-06-28T16:06:30Z |
ROME (AP) — Italian environmental activists glued their hands Friday to the glass protecting Sandro Botticelli’s painting “Spring” in the Uffizi Galleries in Florence, police said. The museum said thanks to the glass, which was installed as a precaution several years ago, the masterpiece was unharmed.
Paired with the Florentine artist’s other masterpiece, “Birth of Venus,” the two iconic canvases, dating from the late 15th century, are among the museum’s most popular artworks. The painting is large, standing 10 feet, 6 inches by 6 feet, 9 inches (319 cm by 207 cm).
Carabinieri police said two young women and a man, all Italians who had bought entrance tickets, staged the protest in the Uffizi’s room dedicated to the painter. The activists sat on the floor and displayed a banner reading, “Last Generation No Gas No Coal,” police said.
The glue was safely removed from the glass.
The Corriere della Sera newspaper quoted the activists as saying in a statement: “Today, is it possible to see a beautiful Spring like this?”
The three were taken to a police station in Florence. Italian media said the activists were issued official orders to stay out of the tourist-popular city for three years, using a strategy in Italy similar to that often applied to violent soccer fans.
___
Follow all AP stories on climate change issues at https://apnews.com/hub/climate-and-environment | https://cw33.com/entertainment-news/ap-entertainment/protest-held-at-uffizis-spring-but-painting-not-damaged/ | 2022-07-22T21:18:33Z |
NEW YORK, Aug. 5, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Unilever PLC (NYSE: UL).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/unilever-plc-loss-submission-form/?id=30558&from=4
This lawsuit is on behalf of all persons who purchased or otherwise acquired Unilever American Depositary Receipts between September 2, 2020 and July 21, 2021, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 15, 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, Unilever PLC issued materially false and/or misleading statements and/or failed to disclose that: a) in July 2020, the board of Ben & Jerry's, one of Unilever's marquee brands, passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory"; and b) this boycott decision risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states.
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.wibw.com/prnewswire/2022/08/05/ul-shareholder-alert-jakubowitz-law-reminds-unilever-shareholders-lead-plaintiff-deadline-august-15-2022/ | 2022-08-05T18:18:50Z |
Get free entry into National Parks on Thursday
Published: Aug. 4, 2022 at 9:00 AM EDT|Updated: 28 minutes ago
(CNN) - Americans can get some fresh air and spend time in nature without opening their wallets on Thursday.
Because of The Great American Outdoors Act, Aug. 4 is a free entrance day for all National Park Service sites.
The act passed in 2020, and National Park officials say it expands recreational opportunities on public lands.
Although there is no charge to get into most of these parks, there are fees for certain activities, including boat launches and camping, that you’ll still have to pay.
More information is available on the National Parks Service website.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/04/get-free-entry-into-national-parks-thursday/ | 2022-08-04T13:30:18Z |
NEW ORLEANS (AP) — Tom Brady helped incite a skirmish that led to the ejections of Saints cornerback Marshon Lattimore and Buccaneers receiver Mike Evans, then threw a go-ahead touchdown pass to Breshad Perriman that helped lift Tampa Bay to a 20-10 victory over New Orleans on Sunday.
Brady, who had lost four straight regular-season meetings with the Saints, again struggled for the first three quarters of this latest, testy encounter between NFC South rivals.
Brady’s frustration was clear when he was caught on camera throwing a tablet in the bench area.
And after his third-down incomplete pass early in the fourth quarter, Brady was shouting at Lattimore when running back Leonard Fournette entered the fray and shoved the Saints’ star cornerback. Lattimore responded by shoving Fournette, and Evans rushed in and flattened Lattimore — much like he did in a 2017 game between these teams.
Evans was ejected, as he was five seasons ago. But this time, so was Lattimore.
With Paulson Adebo sitting out with an ankle injury, Lattimore’s ejection left the Saints without their top two cornerbacks — and Brady took advantage.
On Tampa Bay’s next series, Brady marched the Bucs (2-0) to the New Orleans 28 and then hit Perriman in the back right corner of the end zone to make it 10-3.
The Bucs’ defense then squelched the Saints’ comeback bid by intercepting Jameis Winston three times in the final 12 minutes. Jamel Dean made the first two picks — one on a deep pass intended for rookie Chris Olave at the goal line. Later, safety Mike Edwards returned an interception near the right sideline 68 yards for a touchdown to make it 20-3.
Brady finished 18 of 34 for 190 yards and the lone TD.
Winston, who had been limited in practice by a back injury, completed 25 of 40 passes for 236 yards and one late TD toss to Michael Thomas.
Tampa Bay didn’t score until Ryan Succop hit a 47-yard field goal with 3:09 left in the third quarter to tie it 3-3.
The Saints (1-1) were threatening to retake the lead on the next possession, but safety Logan Ryan punched the ball free of running back Mark Ingram’s grasp at the Buccaneers 10, and linebacker Carl Nassib recovered.
The Saints took the opening kickoff and quickly drove inside the Bucs’ 20, only to stall and settle for Wil Lutz’s 31-yard field goal.
That lead stood up throughout a first half in which Tampa Bay squandered two scoring chances. Brady’s fumbled snap on third and short from the New Orleans 34 ended one drive.
The Bucs also failed on a fourth-and-1 from the New Orleans 8 when Carl Granderson stuffed Fournette’s run.
INJURIES
Buccaneers: Defensive tackle Akiem Hicks left the game in the second quarter with a foot injury and reserve left tackle Josh Wells, who was starting for the inactive Donovan Smith (elbow), also left in the second quarter with a calf injury. Receiver Julio Jones was scratched pregame with a knee injury.
Saints: Top running back Alvin Kamara was inactive because of his rib injury.
UP NEXT
Buccaneers: Host Green Bay on Sept. 25.
Saints: Visit Carolina on Sept. 25.
___
More AP NFL coverage: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/ap-bradys-temper-flares-as-bucs-snap-skid-vs-saints-20-10/ | 2022-09-18T22:49:47Z |
(NewsNation) — Skyrocketing prices on essentials are forcing some older Americans out of retirement as U.S. inflation continues to hit new highs.
In just the past six months, about 480,000 adults over 55 began looking for a job, according to reporting by the Wall Street Journal. That’s compared to the 180,000 adults looking in the six months prior to the pandemic. This increase is credited in part to the outsized impact inflation is having on the ability of people to retire.
The government’s consumer price index, released Tuesday morning, showed prices shot up 8.5% in March compared to 12 months earlier, according to a report by the Labor Department. This marks the fastest year-over-year inflation rise since December 1981 and surpasses the 7.9% 12-month increase in February, which itself set a 40-year high.
One out of four adults said that inflation is the single greatest threat to their retirement plans in 2022, according to Schwartz Center for Economic Policy Analysis. That’s more than concerns about health care costs, outliving your money or job security combined.
Even before the pandemic, the economic health for some retirees varied. Older workers without a college degree only had about $9,000 in retirement savings on average, compared to the $167,000 for those with a college degree.
In just February, 3% of retirees re-entered the workforce, a trend that is expected to continue for months according to Indeed. | https://cw33.com/news/inflation-forcing-retirees-back-into-jobs/ | 2022-04-12T23:55:21Z |
US takes aim at some Trump offshore safety rule rollbacks
NEW ORLEANS (AP) — The U.S. Department of the Interior said Monday that it wants to reverse some Trump administration rollbacks of offshore safety rules to prevent blowouts like the BP catastrophe that killed 11 people and fouled the Gulf of Mexico in 2010.
“This proposed rulemaking will help ensure that offshore energy development utilizes the latest science and technology to keep people safe,” Interior Secretary Deb Haaland said in a news release. “As our nation transitions to a clean energy economy, we must commit to strengthening and modernizing offshore energy standards and oversight.”
The changes are a step in the right direction but not far enough, said Diane Hoskins of the ocean environmental nonprofit Oceana.
“No operator can promise there won’t be another disaster like BP’s Deepwater Horizon blowout. The only way to prevent offshore drilling disasters is to permanently protect our coasts and workers from new offshore leasing,” she said in an emailed statement.
Under Trump, the Bureau of Safety and Environmental Enforcement acted in 2019 to change rules put in place three years earlier while Barack Obama was president.
The agency is proposing to change seven out of the scores of revisions and additions made in 2019, director Kevin M. Sligh Sr. said during a phone news conference with Haaland.
He said one would require the bureau to accredit independent agencies that inspect offshore rigs and equipment.
Another would require blowout preventers — the equipment that failed in 2010 — to always be able to handle the well’s maximum gas flow specifications.
Others would require operators to send failure data to the federal offshore safety agency rather than to designated third parties, and would cut a month off the time allowed to begin failure analyses and investigations, allowing three months rather than four.
“The 2019 revisions to the Well Control Rule addressed technical problems and cleared up ambiguity,” changing 68 of the original rule’s 342 provisions, said Erik Milito, president of the National Ocean Industries Association, which represents oil and gas companies. “Any further updates ... should follow a similar tailored approach.”
Environmental groups sued in 2019, claiming the changes would make oil and gas exploration and development off the Pacific, Atlantic, Alaska, and Gulf coasts “significantly more dangerous.”
“We are still reviewing the proposed rule to determine the best way forward with the lawsuit,” said Chris Eaton, senior attorney at Earthjustice, which filed the lawsuit.
Scientists still worry about effects of the nation’s worst offshore oil spill on dolphins, whales, sea turtles, small fish vital to the food chain and ancient corals in the cold, dark depths.
The proposal opens a 60-day public comment period, which ends Nov. 14.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/12/us-takes-aim-some-trump-offshore-safety-rule-rollbacks/ | 2022-09-12T22:39:57Z |
DURHAM, N.C. and BEIJING, May 6, 2022 /PRNewswire/ -- Brii Biosciences Limited ("Brii Bio" or the "Company," stock code: 2137.HK), a multi-national company developing innovative therapies for diseases with significant unmet medical needs and large public health burdens, today announced that it has published its first progress report on Environmental, Social and Governance (ESG) commitments as part of the Company's 2021 Annual Report.
Available on the Company's website, the progress report details Brii Bio's strategic ESG initiatives to develop a long-term, sustainable and environmentally friendly business, reviews achievements made during the 2021 fiscal year.
"As a multi-national biotechnology company, Brii Bio is driven by a patient-first and society need philosophy, dedicated to finding solutions for the world's largest public health challenges," said Zhi Hong, Ph.D., Chairman and CEO of Brii Bio. "I am so proud of our employees, investors and partners who live through our mission during the unprecedented challenges of COVID-19 knowing that we can't do it alone but we must play our part to lead by example. Brii Bio is committed to promoting public-private partnership, sustaining corporate growth and social responsibility as the company continues to grow."
Key highlights from the 2021 ESG report include:
- Public Health Contributions: In the true spirit of its mission to tackle the biggest public health challenges, and in response to COVID-19, Brii Bio has allocated significant resources to help address the ongoing global pandemic. Throughout 2021, the Company continued to fund and progress the development of its COVID-19 neutralizing antibody therapy, the amubarvimab/romlusevimab combination, including advancing global regulatory filings and commercial readiness, ensuring that upon potential approvals, the Company would be prepared to quickly meet the demand of patients in need. In addition, Brii Bio worked closely with government agencies and hospitals to donate nearly 3,000 doses of its amubarvimab/romlusevimab combination for the emergency treatment of COVID-19 and played an important role in the rapid control of the Delta virus outbreaks throughout cities and provinces in China.
The amubarvimab/romlusevimab combination is the first and only therapy discovered in China that was approved by the National Medical Products Administration (NMPA) of China based on the best-in-class clinical outcomes demonstrated in a global Phase 3 study conducted by the world's most experienced investigators. - Commitment to Open Collaboration with Key Public Institutions:
- Patient Advocacy Initiatives: In 2021, Brii Bio hired Coy Stout to serve as Senior Vice President and Head of U.S. Market Access and Patient Advocacy and lead its strategic patient advocacy program. Mr. Stout has more than 25 years of experience in social work, public health and the biopharmaceutical industry, establishing strategic commercial planning and infrastructure to help advance U.S. patient access to important medications across a variety of disease areas, especially infectious diseases. 2021 laid a strong foundation to engage and foster key advocacy relationships with patients, their caregivers and disease-specific non-profit groups that support them. The Company's advocacy initiative also intends to ensure that patient voices are heard and understood by R&D through commercialization and access to care.
- Diversity & Inclusion: Brii Bio has worked hard to establish a diverse Board that brings various sets of strategic expertise to the company to ensure it is building an innovative and enduring business and therapeutics portfolio that will meet the needs of patients around the world for years to come as it continues its work to tackle the biggest public health challenges of our time. 50% of Brii Bio's board is made up of independent non-executive directors, ensuring a diverse set of opinions and feedback are built into the Company's governance.
- Employee Engagement and Care: Brii Bio recently hired Karen Neuendorff as its Chief People Officer as part of its commitment to fostering employee satisfaction and ensuring each individual feels supported and valued. The Company is committed to providing an open, safe and healthy workplace with highly competitive compensation and benefits in recognition, engagement and the overall well-being of its employees. Brii Bio regularly seeks employee feedback, conducting town hall meetings, Brii Talks and "Ask the CEO" sessions to engage employees and hear their voices. This helps reinforce Brii Bio's core company values and provides platforms for both leadership and employees to better understand key issues.
- Open and Green Workplace: Brii Bio has created an inspiring workplace that is open, ergonomic and green. Every employee has the same access to our shared office space and equitable health benefits. During the COVID-19 pandemic, the Company provided flexible working schedule and supported remote working for all employees who faced significant challenges at home or work. Brii Bio has also developed "Office Rules" to promote environmentally conscious behaviors amongst its employees and implemented energy-saving measures to enhance energy efficiency and minimize its environmental impact. In 2022, the Company aims to further reduce its carbon emissions, waste, energy and water consumption.
About Brii Bio
Brii Biosciences Limited ("Brii Bio," stock code: 2137.HK) is a biotechnology company based in China and the United States committed to advancing therapies for significant infectious diseases, such as hepatitis B, COVID-19, human immunodeficiency virus (HIV) infection, multi-drug resistant (MDR) or extensive drug resistant (XDR) gram-negative infections, and other illnesses, such as the central nervous system (CNS) diseases, which have significant public health burdens in China and worldwide. For more information, visit www.briibio.com.
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SOURCE Brii Biosciences Limited | https://www.kxii.com/prnewswire/2022/05/07/brii-bio-reports-progress-esg-commitments-its-inaugural-esg-report/ | 2022-05-07T01:17:57Z |
Multiple zones of higher-grade silver encountered
Higher gold and silver grades than resource average grade
Higher grade zones more continuous than previously interpreted
WINNEMUCCA, Nev., Sept. 13, 2022 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company"), a gold and silver development company which owns the Hycroft Mine in the prolific mining region of Northern Nevada, is pleased to announce initial drill results from its 2022-2023 exploration program.
Highlights of the initial results from our reverse circulation ("RC") drilling are noted below (grams / metric ton "g/t"). Full results received to date are reflected in Table 1 below.
- Hole 22R-5650 returned 82 meters of 1.03 g/t gold and 30.38 g/t silver
- Hole 22R-5647 returned 58 meters of 0.58 g/t gold and 24.07 g/t silver
- Hole 22R – 5644 returned 50 meters of 0.79 g/t gold and 38.74 g/t silver
- Hole 22R-5645 returned 20 meters of 0.10 g/t gold and 90.86 g/t silver
Alex Davidson, Vice President, Exploration commented, "These initial drill results confirm the higher-grade opportunities identified in the 2021 drill program. While we have only just begun investigating the planned targets of our 2022-23 drill program, these results are very encouraging and further confirm the importance of additional drilling to explore the untapped potential of the Hycroft deposit. Importantly, we are observing the high-grade zones are more continuous than previously interpreted in addition to seeing silver and gold grades significantly higher than the average grade at the Hycroft deposit."
In addition to the two RC rigs drilling in the Brimstone and Central areas, the core rig is currently drilling the deeper areas of the Hycroft system, primarily at the high-grade silver Vortex area. In our first core hole we are seeing silicification, banded silica veining, sulfide stockwork along with white clays among other key indicators in the core.
We are currently following up on high grade intercepts within the resource area and plan to begin targeted step-out drilling in the fourth quarter within the more than 60,000 acres that has not previously been explored.
We recently completed a hyperspectral flyover of the entire Hycroft property (70,000 acres). This imaging technology has important applications in our type of deposit. Hyperspectral imaging helps identify potential minerals or deposits of minerals and allows companies to hone-in on specific areas for drilling. The geophysical studies indicate near vertical strong silicification. This information will help guide our upcoming surface mapping and soil sampling program to further define our large unexplored land package.
While the initial drill locations have been focused on improving our understanding and ability to project high-grade zones, additional drill targets are designed to test:
- prospective target areas near the current resource;
- expansion of the current resource along strike and at depth;
- targets identified through our recent geophysical work within our 60,000 acres that have never been explored; and
- targets in areas with limited historical drilling.
The results of this exploration program, together with the 2021 metallurgical drill program results will be used for the geologic modelling, updated resource models and mine planning activities associated with the technical studies underway for the sulfide mill operation.
Diane R. Garrett, President & CEO commented "We are very excited about these initial drill results and still have so many targets yet to drill. This supports our belief that there remains untapped potential at Hycroft. With the largest exploration program in nearly a decade, we are the first company to systematically explore this world-class system to understand the genesis of this deposit, including potential feeder systems. Hycroft is one of the largest gold and silver deposits in the world located in the Tier-One mining jurisdiction of Nevada, USA and permitted for both heap leach and milling operations. "
The 2022 – 2023 exploration program at the Hycroft Mine comprises approximately 100,000 feet of reverse circulation drilling and approximately 25,000 feet of core drilling. The RC drilling is being conducted by National EWP Inc. of Elko, NV and the core drilling is being conducted by First Drilling LLC of Montrose, CO. Assays are being completed by Bureau Veritas and Paragon Geochemical of Reno, NV. The Company's Qualified Person is Mr. Alex Davidson, Vice President, Exploration.
Hycroft is a US-based, gold and silver company developing the Hycroft Mine located in the world-class mining region of Northern Nevada.
FOR FURTHER INFORMATION contact info@hycroftmining.com or visit our website at www.hycroftmining.com.
Diane R. Garrett,
President & CEO
(210) 621-4200
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the Unites States Securities Exchange Act of 1934, as amended, or the Unites States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward-looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Forward-looking statements address activities, events or developments that the Company expects or anticipates will or may occur in the future and are based on current expectations and assumptions. Forward-looking statements include, but are not limited to (i) risks related to changes in our operations at the Hycroft Mine including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to a lack of a completed feasibility study; and risks related to our ability to re-establish commercially feasible mining operations; (ii) industry related risks including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; availability and cost of equipment, supplies, energy, or reagents. The exploration target does not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve, as ranges of potential tonnage and grade (or quality) of the exploration target are conceptual in nature; there has been insufficient exploration of the relevant property or properties to estimate a mineral resource; and it is uncertain if further exploration will result in the estimation of a mineral resource. These risks may include the following and the occurrence of one or more of the events or circumstances alone or in combination with other events or circumstances, may have a material adverse effect on the Company's business, cash flows, financial condition and results of operations. Please see our "Risk Factors" set forth our Annual Report on Form 10-K for the year ended December 31, 2021, and other reports filed with the SEC for more information about these and other risks. You are cautioned against attributing undue certainty to forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance or achievements may differ materially from those made in or suggested by the forward-looking statements contained in this news release. In addition, even if our results, performance, or achievements are consistent with the forward-looking statements contained in this news release, those results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this news release speak only as of the date of those statements, and we undertake no obligation to update those statements or to publicly announce the results of any revisions to any of those statements to reflect future events or developments.
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SOURCE Hycroft Mining Holding Corporation | https://www.wibw.com/prnewswire/2022/09/13/hycroft-reports-initial-drill-results/ | 2022-09-13T13:09:15Z |
Solution to Provide Clients with Real-time Data and Analytics, Powered by Snowflake
OAKS, Pa., Aug. 22, 2022 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the launch of SEI Data Cloud through a strategic partnership with Snowflake, the Data Cloud company, to address the financial services industry's demand for more advanced data integration. SEI Data Cloud, Powered by Snowflake, is designed to offer a scalable, cloud-based data platform that clients globally can access directly through the SEI Wealth PlatformSM (SWP) or as a standalone service.
SEI Data Cloud seeks to meet the industry demand for more advanced data integration, as financial and technology organizations increasingly need database-like access to power analytics, application development, consumption of large amounts of data, and advanced reporting.
SEI Data Cloud users have access to modern delivery capabilities, including:
- On-demand access to real-time data
- Business event-based alerts and notifications
- Ease of information consumption
- Analytics-as-a-Service (AaaS)
SEI plans to initially leverage Snowflake as a data delivery and analytics platform for SWP clients, providing users access to information in real time and enabling an enterprise view of information. SEI already has two early adopters of SEI Data Cloud and is engaging with multiple clients to roll out the solution.
Ultimately, the company intends to offer enterprise information delivery, reporting, and analytics capabilities to all clients across the financial services spectrum. This represents SEI's commitment to enhancing its offerings and delivering new solutions that enable clients to power their businesses and drive revenue growth for the company.
Sanjay Sharma, Head of Private Banking at SEI, said:
"The dynamic demand for flexible and real-time access to information with ease of consumption is rapidly growing across the financial services landscape. By leveraging Snowflake's data-sharing capabilities, we believe we can provide our clients access to customized data and analytics reporting at any time and in a manner that complements our modern API approach. We're thrilled to partner with Snowflake in delivering this transformative technology to our markets."
Rinesh Patel, Global Head of Financial Services at Snowflake, said:
"SEI's role in the wealth and asset management ecosystem combined with Snowflake's scalable data delivery and analytics capabilities, enables financial services participants to seamlessly consume, analyze, and utilize data. We look forward to working with SEI to redefine our customers' data experience and meet the evolving needs of the financial services community."
About SEI® SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of June 30, 2022, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.
To become a Snowflake partner, get access to Snowflake's self-service partner resources and apply for the Powered by Snowflake program, please visit www.snowflake.com/partners/poweredbysnowflake.
This release contains forward-looking statements within the meaning or the rules and regulations of the Securities and Exchange Commission. In some cases you can identify forward-looking statements by terminology, such as "may," "will," "intend," "expect," "believe" and "continue" or "plan." Our forward-looking statements include our current expectations as to:
- Whether our solutions will address the financial services industry's demand for more advanced data integration;
- whether we will offer enterprise information delivery, reporting, and analytics capabilities to all clients across the financial services spectrum;
- our ability to provide our clients access to customized data and analytics reporting at any time and in a manner that complements our modern API approach; and
- the success, if any, of the sales and strategic initiatives we pursue.
You should not place undue reliance on our forward-looking statements, as they are based on the current beliefs and expectations of our management and subject to significant risks and uncertainties, many of which are beyond our control or are subject to change. Although we believe the assumptions upon which we base our forward-looking statements are reasonable, they could be inaccurate. Some of the risks and important factors that could cause actual results to differ from those described in our forward-looking statements can be found in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended Dec. 31, 2021, filed with the Securities and Exchange Commission.
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SOURCE SEI Investments Company | https://www.kxii.com/prnewswire/2022/08/22/sei-introduces-sei-data-cloud/ | 2022-08-22T13:26:34Z |
LONDON, June 28, 2022 /PRNewswire/ -- Croda International Plc ('Croda' or 'the company'), the company that uses smart science to create high performance ingredients and technologies that improve lives, announces that it has entered into a cooperative agreement with the United States ('U.S.') government in which the government will provide up to $75 million to expand the company's U.S. manufacturing capacity of ingredients for lipid systems used in novel therapeutic drugs, such as mRNA vaccines.
In line with the company's strategy to 'Empower Biologics Delivery,' Croda will also invest up to $58 million, bringing the total project investment to up to $133 million. This spend is included within the company's existing capital expenditure program, outlined in the 2021 annual results.
The investment will be used to establish a new lipid facility as part of a new multi-purpose cGMP* site in Lamar, Pennsylvania. Construction is expected to start later this year, with the new capacity anticipated in 2025. The investment supports expansion of the portfolio of patient health care solutions offered by Croda, by creating a third manufacturing site for lipid systems, alongside Croda's existing Alabaster, Alabama, U.S. (Avanti) and Leek, United Kingdom capabilities.
The cooperative agreement is a joint award from the Biomedical Advanced Research and Development Authority (BARDA), part of Office of the Assistant Secretary for Preparedness and Response within the U.S. Department of Health and Human Services and the U.S. Department of Defense's Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense (JPEO-CBRND) in partnership with the Army Contracting Command's Joint COVID Response Division (ACC JCRD). The new facility is part of a program to expand the U.S. industrial base supporting critical vaccine and therapeutic manufacturing activities. The facility at Lamar will support U.S. preparedness for future health emergencies, by ensuring enough capacity is available in the U.S. to produce the necessary components for vaccine manufacture.
Croda's Pharma business is a leading partner in the development of delivery systems for biologics. Croda's platforms enable the next generation of vaccines and therapeutics. Through acquisition of Avanti Polar Lipids in 2020, Croda was the first company to supply clinical and commercial quantities of critical lipid systems to support the roll-out of COVID-19 vaccines globally.
Lipid systems offer significant potential as the delivery system for a wide range of nucleic acid applications, including novel mRNA-based therapeutics, such as flu vaccines and cancer treatments. Given the scale of the current clinical development pipeline, the market for lipid systems is expected to grow significantly over the next ten years.
Commenting, Daniele Piergentili, President of Croda Life Sciences, said: "We are grateful to the U.S. government for its support of Croda. The delivery technology based on lipid systems offers significant potential for the safe and efficient delivery of next generation vaccines and therapeutic drugs. As a result of this investment, Croda will be able to expand its capabilities to develop and manufacture ingredients in support of this important technology. This will help ensure that the U.S. is well prepared for future health emergencies and equipped to offer advanced treatments for some of the most prevalent illnesses in the world today."
Nicole Kilgore, Deputy Joint Program Executive Officer (JPEO) for Chemical, Biological, Radiological and Nuclear (CBRN) Defense, said: "The U.S. government is pleased to be a part of these Industrial Base Expansion efforts to expand production of raw materials for mRNA vaccines."
*cGMP is 'current Good Manufacturing Practice', the U.S. Food and Drug Administration's (FDA's) most stringent requirement for the manufacture of pharmaceutical products.
About lipid delivery systems
Lipid-based drug delivery systems carry nucleic acid material. They protect this genetic material from degradation, while also allowing it to access the cell and, once inside, be released. This allows the cellular machinery to translate the delivered genetic material into a cellular response.
Croda acquired Avanti Polar Lipids in 2020, a company that has pioneered the development of liposomal-based drug delivery systems to solve the stability and delivery issues associated with mRNA-based vaccines and therapeutics. Working with partners, Croda was the first company to supply clinical and commercial quantities of these critical lipid delivery systems to support the roll-out of COVID-19 vaccines around the world.
About Croda's Pharma business – www.crodapharma.com
Croda's Pharma business is a leading partner for the development of excipients and the supply of high purity materials for pharmaceutical formulations, committed to enabling the next generation of drug delivery systems. The business is focused on empowering biologics drug delivery, through its adjuvant systems, small molecule, protein, and nucleic acid delivery platforms. With a wide range of solutions for both human and animal health markets, our pharmaceutical portfolio is unsurpassed in its excellence for drug and vaccine delivery. Croda's products, along with its in-house formulation and regulatory expertise, allow the business to meet its customers' most demanding formulation needs.
About Croda – www.croda.com
Established in 1925, Croda is the name behind sustainable, high-performance ingredients and technologies in some of the world's most successful brands: creating, making and selling speciality chemicals that are relied on by industries and consumers everywhere. Croda is a FTSE 100 company with over 6,100 passionate and innovative employees, working across manufacturing sites and offices around the world with a shared Purpose to use Smart science to improve lives™. As part of this Purpose, Croda has committed to be the most sustainable supplier of innovative ingredients, becoming Climate, Land and People Positive by 2030. Following an agreement to divest the majority of its industrial-focused Performance Technologies and Industrial Chemicals businesses, Croda is well on the way to becoming a 'pure-play' Consumer Care and Life Sciences company.
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SOURCE Croda International Plc | https://www.mysuncoast.com/prnewswire/2022/06/28/us-government-support-expansion-croda-lipid-systems-capability/ | 2022-06-28T07:19:38Z |
VANCOUVER, BC, Sept. 1, 2022 /PRNewswire/ - IDLE LIFESTYLE INC. ("IDLE" or the "Company") (CSE: IDLE.X) (FSE: 99L.F) (OTC: IDLSF) (formerly Poda Holdings, Inc.) is pleased to announce that Patrick Gray, Director, has been appointed Chief Executive Office of the Company, and Jordan Crockett has been appointed as a Director.
The Company also announces the resignations of Ryan Selby as Chief Executive Officer and Director, of Ryan Karkairan as Vice-President Design and Director, and of Paul Ciullo as Chief Financial Officer of the Company, effective immediately. The Company expresses its appreciation for Mr. Selby, Mr. Karkairan and Mr. Ciullo's services to the Company and wishes them well in their future endeavours.
Patrick Gray
CEO and Director
IDLE Lifestyle Inc.
Toll-free North America: +1-833-879-7632
Outside North America: +1-406-879-7632
investors@idle-lifestyle.com
www.idle-lifestyle.com
This news release contains "forward-looking information" which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved. Such forward-looking information includes, among other things, information regarding: the Company's plans and strategies; and future contributions by the newly appointed officer and director. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company.
Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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SOURCE Idle Lifestyle Inc. | https://www.kxii.com/prnewswire/2022/09/01/idle-announces-changes-board-management/ | 2022-09-01T11:04:00Z |
COLLEGE PARK, Md., June 2, 2022 /PRNewswire/ -- The University of Maryland has named Susan Rivera dean of the College of Behavioral and Social Sciences (BSOS), effective August 1, 2022. As dean, Rivera will promote a culture of impactful research and scholarship, encourage interdisciplinary collaboration and partnerships, and advocate persuasively for BSOS's programs both within and beyond the campus community. Rivera will work with faculty, staff and students to articulate a vision for the contributions BSOS will make to the fulfillment of the university's mission and new strategic plan.
"Dr. Rivera's commitment to academic excellence and creating a diverse and inclusive culture, and her focus on collaborative cross-disciplinary work, will be a tremendous asset to the University of Maryland and the College of Behavioral and Social Sciences," said Senior Vice President and Provost Jennifer King Rice. "I have the utmost confidence in her leadership and exemplary scholarship."
Dr. Rivera joins Maryland from the University of California, Davis, where she serves as chair and professor in the Department of Psychology. As chair, she has maintained a focus on building and sustaining an inclusive and supportive departmental climate and successfully both retained and hired new faculty under a framework of inclusive excellence. Under her leadership, the department's U.S. News and World Report's rankings rose from No. 26 to No. 12 overall, and to No. 6 among public institutions.
"I am confident that my 20+ years of experience at a leading public research institution have equipped me with an enhanced understanding of the mission and purpose of a public research university. As a first generation Latinx scholar, I am especially mindful of the important role played by higher education in supporting the success of the next generation of leaders," said Rivera. "As dean of a large and thriving college, I am enthusiastic about the opportunity to positively impact a broad range of students, staff and faculty."
In addition to her academic appointment in the Department of Psychology, Dr. Rivera is an affiliate faculty with the UC Davis Center for Neuroscience, which seeks to understand the function of the human brain in health and in illness. She also is a faculty member in the UC Davis Center for Mind and Brain and a member of the MIND Institute. Dr. Rivera's research is focused on investigating neurocognitive development in both typically and atypically developing individuals, specifically those with fragile X syndrome, autism and Down syndrome.
Dr. Rivera serves as a member of a number of professional organizations, including the Cognitive Neuroscience Society, the Cognitive Development Society, the Society for Research in Child Development, the Jean Piaget Society and the Society for Neuroscience. She is the recipient of UC Davis' Dean's Award for Diversity, Inclusion and Equity and, in 2021, was appointed to a 3-year term on the U.S. Department of Health and Human Services Interagency Autism Coordinating Committee. She also serves as editor-in-chief for the journal Human Development.
She holds a Ph.D. in developmental psychology from the University of California, Berkeley and a B.A. in psychology from Indiana University.
About the University of Maryland
The University of Maryland, College Park is the state's flagship university and one of the nation's preeminent public research universities. A global leader in research, entrepreneurship and innovation, the university is home to more than 40,000 students, 10,000 faculty and staff, and 300 academic programs. As one of the nation's top producers of Fulbright scholars, its faculty includes two Nobel laureates, six Pulitzer Prize winners and 58 members of the national academies. The institution has a $2.3 billion operating budget and secures more than $1.3 billion annually in research funding together with the University of Maryland, Baltimore. For more information about the University of Maryland, College Park, visit www.umd.edu.
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SOURCE University of Maryland | https://www.kxii.com/prnewswire/2022/06/02/university-maryland-names-dr-susan-rivera-dean-college-behavioral-social-sciences/ | 2022-06-02T19:05:32Z |
New York to restrict gun carrying after Supreme Court ruling
NEW YORK (AP) — Amid the bright lights and electronic billboards across New York’s Times Square, city authorities are posting new signs proclaiming the bustling crossroads a “Gun Free Zone.”
The sprawling Manhattan tourist attraction is one of scores of “sensitive” places — including parks, churches and theaters — that will be off limits for guns under a sweeping new state law going into effect Thursday. The measure, passed after a U.S. Supreme Court decision in June expanded gun rights, also sets stringent standards for issuing concealed carry permits.
New York is among a half-dozen states that had key provisions of its gun laws invalidated by the high court because of a requirement for applicants to prove they had “proper cause” for a permit. Gov. Kathy Hochul said Friday that she and her fellow Democrats in the state Legislature took action the next week because the ruling “destroyed the ability for a governor to be able to protect her citizens from people who carry concealed weapons anywhere they choose.”
The quickly adopted law, however, has led to confusion and court challenges from gun owners who say it improperly limits their constitutional rights.
“They seem to be designed less towards addressing gun violence and more towards simply preventing people from getting guns — even if those people are law-abiding, upstanding citizens, who according to the Supreme Court have the rights to have them,” said Jonathan Corbett, a Brooklyn attorney and permit applicant who is one of several people challenging the law in court.
Under the law, applicants for a concealed carry permit will have to complete 16 hours of classroom training and two hours of live-fire exercises. Ordinary citizens would be prohibited from bringing guns to schools, churches, subways, theaters and amusement parks — among other places deemed “sensitive” by authorities.
Applicants also will have to provide a list of social media accounts for the past three years as part of a “character and conduct” review. The requirement was added because shooters have sometimes dropped hints of violence online before they opened fire on people.
Sheriffs in some upstate counties said the additional work for their investigators could add to existing backlogs in processing applications.
In Rochester, Monroe County Sheriff Todd Baxter said it currently takes two to four hours to perform a pistol permit background check on a “clean” candidate. He estimate the new law will add another one to three hours for each permit. The county has about 600 pending pistol permits.
“It’s going to slow everything down just a bit more,” he said.
In the Mohawk Valley, Fulton County Sheriff Richard C. Giardino had questions on how the digital sleuthing would proceed.
“It says three years worth of your social media. We’re not going to print out three years of social media posts by everybody. If you look at my Facebook, I send out six or 10 things a day,” said the sheriff, a former district attorney and judge.
The list of prohibited spaces for carrying guns has drawn criticism from advocates who say it’s so extensive it will make it difficult for people with permits to move about in public. People carrying a gun could go into private business only with permission, such as a sign posted on the window.
Giardino has already started giving out signs to local businesses saying people can carry legal firearms on the premises. Jennifer Elson, who owns the Let’s Twist Again Diner in Amsterdam, said she put up the sheriff’s sign, along with one of her own reading in part “per our governor, we have to post this nonsense. If you are a law abiding citizen who obtained a legal permit to carry, you are welcome here.”
“I feel pretty strongly that everybody’s constitutional rights should be protected,” she said.
But in Times Square, visited by about 50 million tourists annually, and many less crowded places carrying a gun will be illegal starting Thursday.
New York City Council Speaker Adrienne Adams said Tuesday she looked forward to seeing authorities move to “protect New Yorkers and visitors who frequent Times Square.”
One lawsuit challenging provisions of the law argued the rules make it hard for license holders to leave home without violating the law. A federal judge is expected to rule soon on a motion challenging multiple provisions of the law, which was filed on behalf of a Schenectady resident who holds a license to carry.
The Supreme Court ruling also led to a flurry of legislation in California to tighten rules on gun ownership, including a new law that could hold gun dealers and manufacturers responsible for any harm caused by anyone they have “reasonable cause to believe is at substantial risk” of using a gun illegally.
Earlier this month, Massachusetts Gov. Charlie Baker signed into law a measure that would require gun permit applicants to undergo personal interviews with a licensing authority.
New Jersey required people to get training before receiving a permit and would require new residents to register guns brought in from out of state.
Hawaii, which has the nation’s lowest number of gun deaths, is still weighing its options. Since the Supreme Court’s ruling, the state has only granted one new gun permit.
While New York does not keep statewide data on pistol permit applications, there are reports of long lines at county clerks’ office and other evidence of a surge in applications before the law takes effect.
In the Mohawk Valley, Pine Tree Rifle Club President Paul Catucci said interest in the club’s volunteer-run safety courses “blew right up” late this summer.
“I had to turn hundreds of them away,” he said.
___
Maysoon Khan is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on under-covered issues. Follow Maysoon Khan on Twitter.
___
Hill and Khan contributed from Albany, New York.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/30/new-york-restrict-gun-carrying-after-supreme-court-ruling/ | 2022-08-30T20:26:17Z |
ALBANY — A team made of most former Albany area high school players made it to the finals of the 26th annual Battle of the South basketball tournament, but in the end Team Prevail from Atlanta took the title with a big 67-34 win in the finale.
The tournament consisted of 18 different teams in a double-elimination bracket and Team Prevail, coached by Monroe alumnus and former professional basketball player Demetrius Bennett, went through the tournament unbeaten until the next to last game. That meant Team GR8 Technique had to beat Team Prevail twice to win the title.
The tournament brought hundreds of people to the Monroe gym over the weekend with many Albany locals on hand, as well as a number of teams and their fans from out of town.
"It was a great community event," said tournament organizer Fred Pickett. "We look forward to hosting this great event in Albany again next year."
GR8 Technique featured former Albany High star Tyler Cheese and recent Monroe graduate Domonik Henderson among other Albany stars, as well as former Macon County star Marquel Wiggins, who recently graduated from Dalton State. Cheese, Henderson and Wiggins were the main playmakers as GR8 Technique beat the Knicks 64-63 to earn the championship game slot against the unbeaten Team Prevail. The Knicks had the chance to beat GR8 Technique with a last-second shot, but the ball bounced off the rim as the buzzer sounded to put the Albany team into the finals, all of this taking place while Team Prevail rested.
GR8 Technique blew open the first game with Team Prevail quickly. The Albany team built a 25-3 lead and took a 29-8 lead into the halftime break. Team Prevail battled back in the second half with intensive defense and hot shooting to close the gap to six points late in the game, but GR8 Technique held on for a 54-44 win to force a final game.
In the second game, Team Prevail jumped out quickly and built a 16-2 lead. Team GR8 Technique battled back to close the gap to just six points, 21-15, but Team Prevail pulled away to a 36-20 lead at the half and then scored the first 13 points of the second half to put the game away. The Team GR8 Technique had simply just run out of gas. With a little more than seven minutes left on the clock, the game was called with Team Prevail up 67-34.
Team GR8 Technique played five games on Sunday, with four of them being back-to-back-to-back-to-back, which meant no rest between games.
Cheese said after the game he is still in negotiations to return to professional basketball overseas — he played last season in Germany. Henderson will be playing at Columbus State University. | https://www.albanyherald.com/sports/albany-team-reaches-finals-in-another-exciting-battle-of-the-south-basketball-tournament/article_c127b1fc-00c4-11ed-b926-530f31ff910b.html | 2022-07-11T04:38:13Z |
Hospital marketing director arrested after nearly 40 guns, ammo found in office, police say
SECAUCUS, N.J. (Gray News) - The marketing director of a hospital in New Jersey was arrested over the weekend after authorities say they found a large cache of firearms and ammunition at the medical facility.
The Secaucus Police Department said detectives arrested 46-year-old Reuven Alonalayoff after officers found 11 handguns, 27 rifles/shotguns and an assault rifle in an unlocked closet within an office at the Hudson Regional Hospital.
Police said they were called to the hospital on July 18 regarding a possible bomb threat. During a safety sweep of the building, the bomb detection team found the guns and ammunition in an unlocked closet.
“The unsecured storage of a large cache of weaponry, especially in this location, certainly creates a risk to public safety,” said Dennis Miller, police chief with the Secaucus Police Department. “I commend the efforts and professionalism of all the police personnel involved in this investigation.”
Authorities said Alonalayoff, the marketing director at the Hudson Regional Hospital, was arrested at Newark Liberty International Airport with assistance from the United States Department of Homeland Security Investigations.
Secaucus police said Alonalayoff’s charges include possession of an assault firearm and possession of a high-capacity magazine.
Authorities said the hospital was cleared regarding the bomb threat and later determined it to be a hoax.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/09/hospital-marketing-director-arrested-after-nearly-40-guns-ammo-found-office-police-say/ | 2022-08-09T23:32:27Z |
MORGAN’S POINT RESORT — Jacki Lynn Jeter, 72, was identified as the woman who died in a March 13 house fire in Morgan Points Resort, officials said.
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NEW YORK, Aug. 10, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of 17 Education & Technology Group Inc..
Shareholders who purchased shares of YQ during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded 17EdTech securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with 17EdTech's December 2020 initial public offering.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) 17EdTech's K-12 Academic AST Services would end less than a year after the Company's initial public offering; (2) as part of its ongoing regulatory efforts, Chinese authorities would imminently curtail and/or end 17EdTech's core business; and (3) as a result, defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: September 19, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/17edtech-loss-submission-form/?id=30699&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of YQ during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 19, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/08/10/shareholder-alert-gross-law-firm-notifies-shareholders-17-education-amp-technology-group-inc-class-action-lawsuit-lead-plaintiff-deadline-september-19-2022-nasdaqyq/ | 2022-08-10T10:18:03Z |
LEAD PLAINTIFF DEADLINE IS JULY 1, 2022
NEW YORK, May 6, 2022 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Riskified Ltd. (NYSE: RSKD) on behalf of shareholders who purchased Class A ordinary shares directly on the offering or traceable to Riskified's July 2021 initial public offering (the "IPO").
All investors who purchased the shares of Riskified Ltd. and incurred losses are advised to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com.
If you have incurred losses in Riskified Ltd. you may, no later than July 1, 2022, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in Riskified Ltd.
PLEASE CLICK HERE TO JOIN THE CASE
On July 1, 2021, Riskified filed with the U.S. Securities and Exchange Commission ("SEC") a registration statement on Form F-1 for the IPO, which, after several amendments, was declared effective on July 28, 2021 (the "Registration Statement"). 20.125 million Riskified Class A ordinary shares were sold to the public at $21 per share, generating over $422 million in gross proceeds.
The Riskified class action lawsuit alleges that the IPO's Registration Statement made inaccurate statements of material fact because they failed to disclose the following adverse facts that existed at the time of the IPO:
- as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in the Registration Statement), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries;
- Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform;
- as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and
- thus, the Registration Statement's representations regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the IPO, and were materially false and misleading, and lacked a factual basis.
On September 9, 2021, during a conference call to discuss Riskified's financial results for the second quarter ended June 30, 2021, Riskified's CFO, defendant Aglika Dotcheva, stated that Riskified tended "to experience higher chargebacks when we enter a new industry."
Subsequently, on November 16, 2021, Riskified announced its third quarter ended September 30, 2021 results, revealing that Riskified's revenue growth had declined to 26% year-over-year, Riskified's Gross Merchandise Value ("GMV") growth had declined to 28% year-over-year, Riskified's gross profits had increased only 10% year-over-year, Riskified's gross profit margins had plummeted to just 46% during the quarter, and Riskified's gross profit fell sequentially to $24.3 million. In addition, Riskified's cost of revenue had jumped to $28.3 million in the third quarter of 2021, primarily as a result of a sharp increase in chargeback expenses. During the earnings call, defendant Dotcheva blamed Riskified's growing merchant base as a primary cause of increased chargebacks.
Finally, on February 23, 2022, Riskified announced its fourth quarter and year ended December 31, 2021 results, disclosing that Riskified's revenue growth and GMV growth had continued to decelerate, Riskified's gross profit growth remained muted, and Riskified's cost of revenue had continued to climb. During the earnings call the same day, defendant Dotcheva stated that the year-over-year decline in gross profit margin experienced "was driven primarily by expansion into new industries and regions, increase of the tickets in travel industry as a percentage of total billings as well as the onboarding of new merchants.
Riskified Class A shares are currently trading near $5 per share, close to 80% below the IPO price of $21 per share.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at classmember@whafh.com
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Wolf Haldenstein Adler Freeman & Herz LLP | https://www.kxii.com/prnewswire/2022/05/06/riskified-ltd-class-action-alert-wolf-haldenstein-adler-freeman-amp-herz-llp-announces-that-securities-class-action-lawsuit-has-been-filed-united-states-district-court-southern-district-new-york-against-riskified-ltd/ | 2022-05-06T17:02:42Z |
DALLAS (KDAF) — Saturday, April 2 is National Peanut Butter and Jelly Day. Arguably the GOAT of summertime, lunch sandwiches and some of the best to dine on during a picnic.
Now, let’s give you a sneak peek at some of the best PB&J’s you can get around Dallas.
- Dallas Grilled Cheese Co, located in Upper Greenville and Bishop Arts District
- Hypnotic Donuts, located in Lakewood
- Bread Winners Cafe & Bakery, located in Uptown
- Maple Leaf Dinner, located in North Dallas
- The People’s Last Stand, located in Upper Greenville
- Rocket Fizz, located in Deep Ellum
- Rush Bowls, located in Upper Greenville
- Whistle Britches, located in North Dallas | https://cw33.com/news/local/saturday-is-national-peanut-butter-and-jelly-day-treat-yourself-to-the-best-in-dallas/ | 2022-04-02T14:05:11Z |
NASSAU, Bahamas, Aug. 2, 2022 /PRNewswire/ -- Summertime festivities are in full swing in The Bahamas, where a variety of all-new experiences, celebrity performances and lively events across the islands await. Travelers should make sure to check out the many fun summer happenings and hot deals before planning their next trip to The Bahamas.
NEWS
Lynden Pindling International Airport Reports Strong Tourism Numbers This Summer — With preliminary passenger numbers for summer stronger than what they were pre-pandemic in 2019, and in anticipation of busier months ahead, Nassau's Lynden Pindling International Airport encourages travellers to arrive 3 to 3.5 hours ahead of their international flight's scheduled departure time.
Celebrate Bahamian Culture During the Goombay Summer Festivals —The Bahamas' annual Goombay Summer Festivals will take place across 12 islands—including Andros, Long Island and Eleuthera—in August.
Go Glamping under the Stars at Atlantis Paradise Island — Atlantis Paradise Island's new Marine Life Camping Adventure allows guests to sleep in luxury tents at the beach while connecting with marine life on exclusive adventures like kayaking with dolphins and snorkelling at twilight.
Celebrate Baha Mar's New Partnership with Bruno Mars' SelvaRey Rum — Baha Mar will celebrate its new partnership with SelvaRey Rum, a new liquor brand owned by Bruno Mars, with a Labour Day weekend party at SLS Baha Mar from 1 – 4 September 2022. Tickets to see performances by Bruno Mars and Anderson .Paak are open for booking.
The Bahamas Is Listed In Travel + Leisure's 2022 "World's Best Awards" —The Bahamas were well represented in Travel + Leisure's 2022 "World's Best Awards" with The Exumas, Harbour Island, and Eleuthera all making it onto the list of "25 Best Islands in the Caribbean, Bermuda and The Bahamas."
The Hurricane Hole Superyacht Marina Reopens — After a complete reconstruction, Hurricane Hole Superyacht Marina on Paradise Island has officially reopened, featuring over 6,000 feet of slips, concrete floating docks and a 240-foot turning basin able to accommodate the most luxurious superyachts.
PROMOTIONS AND OFFERS
For a complete list of deals and discounted packages for The Bahamas, visit www.bahamas.com/deals-packages.
Stay More and Save More at Peace & Plenty Resort — Peace & Plenty Resort in The Exumas is offering guests 15% off their stay for bookings of five nights or more. The offer is valid for travel through 30 September 2022.
Explore Eleuthera with The Cove Eleuthera — Newly renovated resort The Cove Eleuthera is offering guests who book a three-night minimum stay a unique package that allows them to immerse themselves into the beauty of the island. The package includes a guided half-day tour of the island, a $200 resort credit and a chef-packed picnic lunch for two. Room rates apply.
ABOUT THE BAHAMAS
Explore all the islands have to offer at www.bahamas.com or on Facebook, YouTube or Instagram to see why It's Better in The Bahamas.
PRESS INQUIRIES
Anita Johnson-Patty
Bahamas Ministry of Tourism, Investments & Aviation
ajohnson@bahamas.com
Weber Shandwick
Public Relations
Bahamas@webershandwick.com
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SOURCE The Bahamas Ministry of Tourism, Investments & Aviation | https://www.mysuncoast.com/prnewswire/2022/08/02/whats-new-bahamas-august/ | 2022-08-02T20:23:20Z |
Texas high school soccer playoffs have been moving fast. Nothing has been quite as fast-paced as the way Dallas-Fort Worth area teams have been taking the field all season, though. Paired up to face each other in a regional quarterfinals match-up are none other than two teams who know what it means to stay quick-footed throughout the game: Wylie and Rockwall. VYPE DFW takes a look at the two teams’ seasons and what fans can expect heading into the Friday night matchup!
Wylie Lady Pirates (20-0-3, 14-0)
The Lady Pirates have continued to make quite the name for themselves. Posting an undefeated record so far this season, Wylie has outscored their opponents 84-6 on the field. Led by Morgan Brown, Myah Evans, Caleigh Monroe, Elizabeth Wynne, and other stars, the team is running on a 17 game win streak with no intentions of slowing down. The Lady Pirates have recorded a 94% win percentage while dropping no games and drawing in only three. So far during the playoffs, Wylie has defeated Tyler Legacy (1-0) and Mansfield Lake Ridge (1-0).
Rockwall Lady Jackets (18-3-2, 10-0-2)
The Lady Jackets rolled through their district schedule posting big victories against the likes of Mesquite, Dallas Skyline, Tyler Legacy, Mesquite Horn, and more. Rockwall has outscored their opponents 83-18 this season and is looking to continue their strong push towards the state tournament. So far in the playoffs, Rockwall has defeated Garland Lakeview Centennial (4-1) and Duncanville (1-0). Garland is led by a strong group of athletes including Avery Shipman, Lauren Piper, and Gracee Farrell.
What To Expect:
Rockwall is a steady team. The Lady Jackets start strong and finish strong each game that they play. By remaining consistent and steady, the team is able to play sharp offense from start to final whistle. Rockwall fans can expect to see much of the same on Friday. The team has a chance here to succeed if they are able to hold a strong tempo through the end of the game.
Wylie starts strong and builds on that strength. The Lady Pirates have been able to set a pace that others have been forced to try to keep up with all season. The playoffs have only continued to prove that they don’t slow down for anyone. Fans should expect the Lady Pirates to have no trouble as they work towards finishing strong in an attempt to clench the next round.
The game is scheduled to begin at 6:30 p.m. on Friday, April 1st at Clark Stadium in Plano. | https://cw33.com/sports/regional-quarterfinals-preview-wylie-lady-pirates-vs-rockwall-lady-yellowjackets/ | 2022-04-02T02:43:12Z |
Cocaine, cash and guns: Eight accused of drug trafficking in Stark & Wayne counties
CANTON - Eight people from three counties are facing federal drug trafficking charges accusing them of ties to an organization that funneled cocaine throughout Stark, Wayne and Tuscarawas counties.
A federal grand jury indicted the group on July 27. The documents were unsealed following Tuesday's arrests of several suspects in Wooster and Jackson Township by members of the Canton FBI Safe Streets Task Force.
The Canton Repository previously reported six of the suspects' arrests last month.
More:FBI task force arrests six in Canton on drug charges
U.S. Drug Enforcement Agency Public Information Officer Brian McNeal said cocaine originating from Mexico was present in Ohio, specifically Northeast Ohio, but deferred all other questions to the Federal Bureau of Investigation.
The FBI Cleveland Division's Public Affairs Officer Susan Licate declined to comment as to whether the cocaine came from Mexico or involved a drug cartel, saying the agency does not want jeopardize the ongoing investigation or federal case.
Federal investigators detail the Gomez-Araiza trafficking organization
According to a criminal complaint, during 2015 law enforcement became aware of a drug trafficking efforts led locally by Arnulfo Gomez-Araiza, 40, of Orrville, one of the remaining suspects arrested on Tuesday.
His organization supplied kilograms of cocaine in the area, including Stark and Wayne counties, for at least the past 15 years, federal investigators allege in a court filing.
Investigators contend Gomez-Araiza, aka Chayo, developed supply sources outside Ohio and was continually exploring new connections in southern California and the Carolinas.
Defendants Gomez-Araiza, Alejandro Jesus Quezada, 31, of Louisville, Adriana Nava Marquez, 31, of Louisville, Isidro Gutierrez-Meraz, Isidro Gutierrez- Cuevas, Vincente Guzman-Bernal, 37, of Dover, and Joshua Nagle, 39, of Jackson Township, all face one count of conspiracy to distribute and possess cocaine with intent to distribute.
Guzman-Bernal was additionally indicted on one count of possession with intent to distribute cocaine.
According a criminal complaint, Guzman-Bernal was a citizen and native of Guatemala and had no legal immigration status in the U.S., court records show. He was once under the eye of the Department of Homeland Security and registered with the U.S. Immigration and Customs Enforcement, but due do recent administration changes his case was closed, court records show.
Quezada also faces one count of being a felon with a firearm.
According to a criminal complaint, a federal source was told by Guzman-Bernal that he received payments from Gomez-Araiza to drive to Columbus, on at least three occasions, and receive 1 to 2 kilograms of cocaine per trip.
The couriers would receive and deliver the narcotic to a distributor, then return the proceeds, according to federal investigators.
Federal investigators say associates met at a Mexican restaurant in Wayne County, according to a criminal complaint filed against Guzman-Bernal. The organization arranged distribution and transactions by way of cellphone calls and text messages using street slang, according to court records filed in the case.
On June 29, when three individuals tied to the group were arrested, investigators said they seized more than $265,000 in cash along two guns.
All defendants remain in custody awaiting federal court appearances, and have entered not guilty pleas, court records show.
Mexican drug cartel's cocaine seized from Cleveland warehouse
In another ongoing federal case, David Gomez-Orrantia, of Mexico, and several others were indicted in March for conspiracy to distribute and possess with intent to distribute controlled substance.
Acting U.S. Attorney Michelle Baeppler said during a press conference in March that Gomez-Orrantia is affiliated with the Jalisco New Generation Cartel and considered to be one of Mexico’s most violent drug gangs.
Gomez-Orrantia was reportedly selling cocaine to a Cleveland area man who distributed the cocaine out of a downtown Cleveland warehouse, federal court records detailed.
The drugs were smuggled into the United States by foot, through Columbus, New Mexico, court records stated.
The cocaine was driven via semi-trucks to Ohio, and later distributed throughout the northern Ohio.
Three months later, law enforcement started making arrests in the Stark, Tuscarawas and Wayne County area tied to the Gomez-Araiza case.
Both cases are ongoing in U.S. District Court.
Reach Cassandracnist@gannett.com; Follow on Twitter @Cassienist | https://www.cantonrep.com/story/news/2022/08/04/feds-cocaine-funneled-through-stark-and-wayne-counties-gomez-araiza/10223043002/ | 2022-08-04T20:55:51Z |
Brady Chapel Centennial Celebration and Open House
POCATELLO, Idaho (KIFI) - One of the most well-known pieces of Pocatello’s history will be celebrating 100 years since its dedication.
The Friends of the Brady Chapel and the Pocatello Historic Preservation Commission (HPC) will be hosting the Brady Chapel’s Centennial Celebration and Open House at the Chapel, located in Mountain View Cemetery, Monday, May 30, from 11 a.m. to 4 p.m.
At noon, there will be a presentation on the importance and significance of the Chapel and the history behind it.
“The Brady Chapel has been a part of the Pocatello community for a century,” said Jim Anglesey, City of Pocatello Staff Liaison to the HPC. “The centennial celebration and open house provide an opportunity for the community to come and celebrate the Chapel, learn more about its history, and find out what current efforts are being undertaken to preserve this historic building.”
The HPC, in coordination with the non-profit “Friends of the Brady Chapel”, is raising funds to restore the Brady Chapel. Donations will be accepted at the open house.
“Support from the community is crucial in preserving the Brady Chapel,” said Anglesey. “In doing so, we hope the Chapel may be used and enjoyed by the public for generations to come.”
Those who can’t attend the open house, but would like to donate to the effort can find more information at pocatello.us/171/Brady-Chapel.
Brady Chapel is not accessible to all persons. Program access accommodations may be provided with three (3) days advance notice by contacting Skyler Beebe at sbeebe@pocatello.us; 208.234.6248 or 5815 South 5th Avenue, Pocatello, ID. | https://localnews8.com/news/pocatello/2022/05/28/brady-chapel-centennial-celebration-and-open-house/ | 2022-05-28T17:07:49Z |
The Practice Innovation Index offers customized insights and actionable ideas designed to help deliver better outcomes for clients
ATLANTA, May 18, 2022 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, and Cerulli Associates, a leader in market intelligence and consulting solutions for asset and wealth managers, announced today the launch of the Practice Innovation Index. The Practice Innovation Index is a digital analytic tool that benchmarks key traits and characteristics of financial practices across four key areas - business development, wealth management, client service and practice management. This benchmarking methodology leverages more than ten years of Cerulli survey data to analyze where a practice ranks among peers and provides a customized roadmap designed to help them expand their businesses.
"The Practice Innovation Index was created by bringing together the power of Cerulli's leading research and the strength of Invesco's robust financial professional business-building programs," said John McDonough, Head of U.S. Wealth Management Intermediaries Distribution at Invesco. "Financial professionals' practices are faced with increasing business complexity and client demands. Invesco is committed to being their partner of choice, working to help them strengthen their practices so that they can focus on their clients."
Invesco and Cerulli believe that high-performing financial professionals measure their success by the impact they make on clients' lives. According to a recent Cerulli study, advisors most commonly identify new client acquisition (52%), compliance (40%), and managing technology (30%) as their practices' primary challenges.1 The Practice Innovation Index can help financial professionals by identifying opportunities to enhance all aspects of their businesses and increase their value to clients. The tool goes beyond benchmarking a practice based on assets and revenue. The Practice Innovation Index holistically evaluates a financial practice with the goal of identifying relative strengths and opportunities to help deliver better business and client service outcomes.
"Advisors today face the challenges of addressing demands from investors, financial markets, and regulators, all while striving to scale their businesses," states Asher Cheses, Associate Director of U.S. Wealth Management at Cerulli. "To help them confront those business challenges, Cerulli and Invesco built the Practice Innovation Index, backed by the industry's longest-running advisor survey,2 to provide a quantifiable tool designed to benchmark the attributes of the industry's leading financial practices and ultimately enable advisors to help their clients achieve their financial goals."
The Practice Innovation Index begins with an assessment of the financial practice, benchmarking the top performing financial professionals, in the four key areas of their practice. Responses are scored and benchmarked by the Practice Innovation Index's proprietary methodology, which is powered by Cerulli's data from over 3,000 financial professionals. Each question is scored against the benchmark, and results are shown for each of the four categories and in aggregate, highlighting how the financial practice ranks among peers. Financial professionals are then shown a customized roadmap designed to leverage their strengths and address opportunities for improvement. For more complex financial practices, advisors could be eligible for access to Invesco's dedicated coaching to help create actionable plans.
The Practice Innovation Index is part of Invesco Total CX – the total client experience – an all-in-one platform of tools, coaching and content designed to help financial professionals connect with clients, enhance their businesses, and optimize portfolios.
To learn more, please visit the Practice Innovation Index website and the Invesco Total CX page.
1 Cerulli Associates, U.S. Advisor Metrics 2021: Client Acquisition in the Digital Age, December 2021. Used with permission.
2 The largest study ever done on the language of financial services has been conducted by Invesco Global Consulting and Maslansky + Partners since 2007. Neither Invesco Distributors, Inc., Cerulli Associates nor Cerulli Inc. are affiliated with Maslansky + Partners.
Invesco Ltd. is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed US $1.6 trillion in assets on behalf of clients worldwide as of March 31, 2022. For more information, visit invesco.com.
Invesco Distributors, Inc. is the US distributor for Invesco Ltd. It is an indirect, wholly owned subsidiary of Invesco Ltd.
The "Practice Innovation Index" program is based on Invesco Global Consulting's work with Cerulli Associates. Invesco Distributors, Inc. is affiliated with neither Cerulli Associates nor Cerulli, Inc.
Invesco Global Consulting programs are for illustrative, informational, and educational purposes. We make no guarantee that participation in any programs or utilization of their content will result in increased business for any financial professional.
This does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult a financial professional before making any investment decisions.
For over 30 years, Cerulli has provided global asset and wealth management firms with unmatched, actionable insights. Headquartered in Boston with fully staffed offices in London and Singapore, Cerulli Associates is a global research and consulting firm that provides financial institutions with guidance in strategic positioning and new business development. Our analysts blend industry knowledge, original research, and data analysis to bring perspective to current market conditions and forecasts for future developments.
Contact: Jamie Braverman, 212-278-9630, jamie.braverman@invesco.com and Karleen Fallon, 617-841-1005, kfallon@cerulli.com
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SOURCE Invesco Ltd.; Cerulli Associates | https://www.mysuncoast.com/prnewswire/2022/05/18/invesco-launches-practice-innovation-index-powered-by-cerulli-associates-designed-help-financial-professionals-evaluate-their-businesses/ | 2022-05-18T15:06:05Z |
ST. LOUIS (AP) — Rylan Bannon became just the third Baltimore player since 2000 to get a hit on the first pitch of his big league career, Jorge Mateo and Anthony Bemboom homered and the Orioles beat the St. Louis Cardinals 3-2 on Thursday.
“I let him know he’s in the big leagues an hour before the game, ” Baltimore manager Brandon Hyde said. “So, he’ll never forget that. I know it’s a special day for him and his family.”
Bannon a 26-year-old third baseman, was recalled from Triple-A Norfolk before the game and singled on a pitch from Steven Matz (3-3) with two outs in the second inning, one batter after Mateo homered to put the Orioles ahead.
“I trusted the scouting report. I stuck to my approach,” Bannon said. “I got a pitch middle and put a good swing on it. It was a fastball right down the middle.”
Bannon went 1 for 4 with a strikeout and two flyouts. The 2017 Big East Player of the Year at Xavier, he was selected by the Los Angeles Dodgers in the eighth round of the 2017 amateur draft and traded to Baltimore in July 2018 in the deal that brought Manny Machado to the Los Angeles Dodgers.
“I felt really like I didn’t get my feet under me until the fifth or so inning,” Bannon said. “After a couple of at-bats, that’s when it really sunk in where I was. It was a weird feeling being out there early in the game. It was awesome. It’s definitely good to be here. It’s cool to be here in the locker room.”
The previous Orioles to get a hit on their first pitch were Rhyne Hughes on April 24, 2010, at Boston and Willie Morales on April 9, 2000, against Detroit, according to the Elias Sports Bureau.
Bemboom hit his first big league home run since September 2020 in the seventh, and Cedric Mullins added an RBI single off Génesis Cabrera later in the inning for a 3-0 lead.
Matz lost his second straight start, allowing three runs and seven hits in 6 2/3 innings with seven strikeouts and no walks.
“As far as stuff goes, definitely a lot better today,” said Matz, who in his previous start lasted just two innings, allowing a career-high eight runs and three homers. “A good stepping stone.”
Baltimore took two of three from the Cardinals and improved to 4-1 in rubber games this season after going 7-5 in such games in 2021.
Keegan Akin (1-0), the second of six Orioles pitchers, got just his fourth win in 16 big league decisions, allowing one hit over 2 2/3 scoreless innings and striking out four on a bullpen day for the Orioles.
Bryan Baker gave up one hit in 2 1/3 innings of his first big league start.
Dylan Carlson hit a solo homer off Cionel Pérez in the seventh after Tyler O’Neill bounced into a double play. Nolan Arenado added a sacrifice fly in the eighth against Joey Krehbiel.
Felix Bautista got four straight outs for his second save of the series and the season.
“It’s always been my dream to close games for a team,” Bautista said through a translator.
A double play, the Orioles’ third, ended the game. O’Neill, who hit a one-out bloop single, was doubled up when Mateo ran down a fly in short center.
“We want to be aggressive. We took a gamble on it,” said O’Neill, who is hitting .200.
Trey Mancini singled twice and has a hit in eight of nine games since returning from bruised ribs on May 3.
TOP TEN
With his start at first base against Baltimore, Albert Pujols played in the 2,987th game, passing Barry Bonds for 10th place. Pujols went 0-for-1 with walk and remains three hits shy from tying Eddie Collins for 10th at 3,313 hits.
HOME RUNS
The Cardinals have homered in eight consecutive games. That’s the longest active streak in baseball and tied with Atlanta and Houston for the longest in MLB this season.
DAY OFF
Cardinals CF Harrison Bader and C Yadier Molina had the day off. Carlson moved from right to start at center and Andrew Knizner caught.
ROSTER MOVES
Orioles: Selected the contract of RHP Denyi Reyes from Norfolk. His first appearance will be his major league debut. RHP Travis Lakins Sr. and LHP Paul Fry were optioned to the Triple-A team.
Cardinals: Activated INF Edmundo Sosa from the 10-day injured list. In two injury rehab games with Double-A Springfield, Sosa went 3 for 8 with a hit-by-pitch and played shortstop. In 10 games this season with the Cardinals, Sosa is batting .160. … INF Kramer Robertson was optioned to Triple-A Memphis. Robertson, the son of LSU women’s basketball coach Kim Mulkey, appeared in two games after getting called up on May 10.
WAINWRIGHT BACK
RHP Adam Wainwright, 40, threw a bullpen session Thursday and could start Sunday against San Francisco. He was placed on the COVID-19 IL on May 6, two days after he started at Kansas City.
TRAINER’S ROOM
Orioles: Transferred RHP Chris Ellis (shoulder) to the 60-Day injured list. Ellis, 29, underwent arthroscopic shoulder surgery in early May and will miss the remainder of the season. … INF Ryan Mountcastle (wrist) missed his second consecutive game. … Ramón Urías (abdominal discomfort) missed his fourth successive game.
Cardinals: RHP Drew Verhagen (right hip) was set to make his second rehab start Thusday night at Double-A Springfield.
UP NEXT
Orioles: RHP Jordan Lyles (2-5, 4.05) is to start a series opener at Detroit on Friday. Lyles allowed four runs — two earned — and seven hits in 7 1/3 innings against Kansas City on Sunday.
Cardinals: RHP Jordan Hicks (1-2, 3.78) is slated to start in Friday’s series opener against Francisco. Hicks has not gone longer than 4 1/3 innings in six starts this season.
___
More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/bannon-singles-on-1st-big-league-pitch-os-top-cards-3-2/ | 2022-05-13T11:50:11Z |
LOS ANGELES (AP) — Los Angeles police on Thursday arrested two teenage boys in connection with the death of a 15-year-old girl who overdosed in a restroom at her high school after buying pills possibly laced with fentanyl on campus, authorities said.
Police served a search warrant around 8:30 a.m. as part of an investigation into the overdose death of a girl a day earlier at Bernstein High School in Hollywood, police Chief Michel Moore said.
A 15-year-old boy who lives with his grandmother was taken into custody on suspicion of manslaughter, Moore said. Investigators believe he sold pills touted as Percocet to two 15-year-old friends around 12:30 p.m. Tuesday who later crushed and snorted the narcotics in the restroom at their school.
The Los Angeles County Coroner identified the student who died as Melanie Ramos, 15. Her unidentified friend who also overdosed remained hospitalized and was expected to recover.
Moore said police also arrested a 16-year-old boy on suspicion of selling fentanyl-laced pills to two other high school students who suffered overdoses after buying the drugs at nearby Lexington Park. He could face narcotics-related charges, the chief said.
Police will work with the U.S. Drug Enforcement Agency to find the distributors who provided the 15- and 16-year-old boys with the pills, Moore said.
“There is a drug organization behind this,” he said.
The teen suspects knew each other, and both attend Apex Academy, an independent charter school that shares a campus with Bernstein.
Dealers lacing common painkillers with fentanyl is an increasingly common practice, Los Angeles Mayor Eric Garcetti said at a news conference.
“These are not overdoses. These are people who have been poisoned,” Garcetti said. “One pill can kill.”
Officers were called to Bernstein High Tuesday night after a man said his 15-year-old stepdaughter had overdosed on campus, police said.
The girl and her friend had not come home from school in the afternoon and the man began driving around town looking for the pair. He found his stepdaughter around 8 p.m. in a school courtyard, said police Lt. John Radke.
She had suffered an overdose but managed to tell her stepfather that her friend was in a girls’ restroom on campus, Radke said Wednesday.
The man and a school employee found the other girl unresponsive in the restroom at the school where students and parents had gathered for evening athletic events. The man administered aid until paramedics arrived and pronounced her dead, police said. His stepdaughter was hospitalized.
Earlier in the day, the Los Angeles Fire Department responded to separate calls reporting possible overdoses of two teens in the area of Lexington Park, a few blocks from Bernstein High and a cluster of other schools, according to police.
“It is believed that the overdose victims are students of Bernstein and local high schools,” a police statement said.
One of the victims was a 17-year-old student at nearby Hollywood High School, said Los Angeles Unified School District Superintendent Alberto Carvalho.
Including the latest victims, there have been a total of six cases of drug-related incidents including overdoses stemming from illicit narcotics purchased in recent at Lexington Park in a residential area of East Hollywood near the U.S. 101 freeway, Carvalho said.
“It is a park well known for allowing individuals to sell drugs to provide drugs to some of our students,” the superintendent told reporters Wednesday.
Los Angeles City Councilmember Mitch O’Farrell, who represents the area, ordered the park closed Wednesday, Carvalho said.
Grief and crisis counselors were on hand at Bernstein High, LA Unified said in a statement.
Law enforcement officials nationwide have for months warned about the dangers of fentanyl, a synthetic opioid 80 to 100 times more powerful than morphine. It’s frequently mixed into illicit pills made to look like prescription painkillers or other medicines. | https://cw33.com/news/u-s-news/ap-us-headlines/ap-police-arrest-after-teen-ods-and-dies-in-school-bathroom/ | 2022-09-16T15:10:31Z |
NEW YORK, May 13, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Credit Suisse Group AG (NYSE: CS) between March 19, 2021 and March 25, 2022, inclusive (the "Class Period"), of the important June 28, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Credit Suisse securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Credit Suisse class action, go to https://rosenlegal.com/submit-form/?case_id=5868 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 28, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Credit Suisse had deficient disclosure controls and procedures and internal control over financial reporting; (2) Credit Suisse's practice of lending money to Russian oligarchs subject to U.S. and international sanctions created a significant risk of violating rules pertaining to those sanctions and future sanctions; (3) the foregoing conduct subjected the Company to an increased risk of heightened regulatory scrutiny and/or enforcement actions; (4) a synthetic securitization deal, in which Credit Suisse sold off $80 million worth of risk related to a $2 billion portfolio of loans backed by assets owned by certain of the bank's ultra-high net worth clients (the "Securitization Deal") concerned loans that Credit Suisse made to Russian oligarchs previously sanctioned by the U.S.; (5) the purpose of the Securitization Deal was to offload the risks associated with these loans and mitigate the impact on Credit Suisse of sanctions likely to be implemented by Western nations in response to Russia's invasion of Ukraine; (6) Credit Suisse's request that non-participating investors destroy documents related to the Securitization Deal was intended to conceal the Company's noncompliance with U.S. and international sanctions in its lending practices; (7) the foregoing, once revealed, was likely to subject the Company to enhanced regulatory scrutiny and significant reputational harm; and (8) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Credit Suisse class action, go to https://rosenlegal.com/submit-form/?case_id=5868 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Contact Information:
Laurence Rosen, Esq.
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The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/05/13/rosen-skilled-investor-counsel-encourages-credit-suisse-group-ag-investors-with-losses-over-100k-secure-counsel-before-important-deadline-securities-class-action-cs/ | 2022-05-14T01:03:58Z |
WASHINGTON (AP) — The U.S. State Department on Monday issued a security alert warning that Russia is stepping up efforts to launch strikes against Ukraine’s civilian infrastructure and government facilities in the coming days.
The U.S. Embassy in Kyiv urged U.S. citizens still in Ukraine to depart the country immediately.
“If you hear a loud explosion or if sirens are activated, immediately seek cover,” the State Department said in its alert. “If in a home or a building, go to the lowest level of the structure with the fewest exterior walls, windows, and openings; close any doors and sit near an interior wall, away from any windows or openings.”
The State Department issued the alert after the U.S. intelligence community on Monday declassified a finding that determined that Russia would increasingly target Ukrainian civilian infrastructure, according to a U.S. official familiar with the intelligence. The official was not authorized to comment publicly about the finding and spoke on the condition of anonymity.
The new intelligence comes as Russia’s brutal invasion of Ukraine will hit the six-month mark Wednesday, which coincides with Ukraine’s independence day from Soviet Union rule.
President Joe Biden spoke Sunday with British Prime Minister Boris Johnson, French President Emmanuel Macron and German Chancellor Olaf Scholz about concerns about shelling near the Zaporizhzhia nuclear plant in southeastern Ukraine and called for the United Nations nuclear watchdog to visit the power plant.
The official said, however, that the intelligence finding is not specifically tied to concerns about Zaporizhzhia.
The Biden administration is battling to keep western allies — and Washington — focused on maintaining pressure on Russian President Vladimir Putin.
Senate Republican leader Mitch McConnell said Monday the “single most important thing going on in the world right now is to beat the Russians in Ukraine.”
Speaking at a luncheon event in Scott County, Kentucky, McConnell said the one fear he has is that the U.S. and others will “all kind of lose interest” as the war drags on.
“We need to stick with them,” McConnell said. “It’s important to us, and to the rest of the world, that they succeed.”
—
AP Congressional Correspondent Lisa Mascaro contributed reporting. | https://cw33.com/news/politics/ap-politics/us-russia-looks-to-step-up-hits-on-ukraine-infrastructure/ | 2022-08-23T12:59:36Z |
New app uses machine learning technology and wants to change how music is discovered
SÃO PAULO, Aug. 29, 2022 /PRNewswire/ -- With the rising of streaming culture, listening to music has never been easier. Everday, new tracks are released on the big sea of streaming services. The influx of new stuff seems to be never-ending — and hard to keep up. According to IFPI's 2021 global report on the recording music industry, the growth for music streaming's share on global revenue was 65%. There were more than 523 million new paid subscription accounts around the world, a raise of almost 22% since the year before.
Through all that, we can barely manage to listen to all our favorite artists, let alone discover new music. This is a problem that the new Magroove app wants to solve. The music recommendation service has a few tricks that makes it worth checking out.
Like a music Tinder, Magroove vows to help you find the perfect match to your music taste. You can start from a favorite track, and the AI will suggest other music similar to that one. After listening to a small snippet of each song, you can either swipe right or left, just like in a Tinder interface. All the songs you've approved are then automatically organized into a tailored playlist that can be synced with your favorite streaming service.
The idea behind the app is to help connect music enthusiasts with really good artists from all over the world. "A lot of music recommendation services pick their suggestions from a small artist pool, since their algorithm is based on popularity. We wanted to go beyond the mainstream and show new and fresh stuff", explains Vítor Cunha, Magroove's co-founder and CEO.
With how the algorithms work, people constantly find themselves liking a song but getting frustrated because that one track is unlike any other releases from the artist. And when they try to get recommendations from the platforms, they just end up with more random songs from the same or similar artists — no focus on the actual music. This is a problem the app wanted to tackle from the get-go.
The focus on music is a concern for Magroove. After all, the service has coined itself as the home of independent artists. This is why their algorithm was designed to recommend music based solely on musical elements and not charts. That way, whether it's an upcoming or established artist, the song can be recommended if it sounds like what the user is looking for.
The whole interface is very fun and gamefied. Completely free, the app wants to help its users discover new talents. According to Cunha, a musician himself, it's always harder for indie artists to reach new audiences. "We want to help connect those artists to the people who crave their music but can't seem to find it on streaming services", he adds.
Magroove app is available on Google Play and the App Store.
Website: https://magroove.com
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SOURCE Magroove | https://www.kxii.com/prnewswire/2022/08/29/magroove-app-promises-reveal-your-new-favorite-artist/ | 2022-08-29T14:31:58Z |
SINGAPORE, May 5, 2022 /PRNewswire/ -- Multiple Public Version, from Multiple Protocol, is completely open to all users. After users use Multiple Public to connect their wallets, they can check all the position information of the corresponding account in UniswapV3. Multiple is compatible with all existing UniwapV3 position data, and displays it with a more clear and suitable data structure, and thus users can view the profit and loss performance of the positions more intuitively. Multiple provides more professional data support and more friendly UX design. It is useful for users to manage the range liquidity in more convenient and efficient way.
Check out complete article
— https://mulfinanceinfo.medium.com/multiple-public-mainnet-is-live-ad47856ea7d3
Yet again it has passed the critical CertiK Tech security beta test. A comprehensive examination has been performed, utilizing Static Analysis and Manual Review techniques. https://certik.com/projects/multiple
Multiple Protocol #Mainnet has crossed $343k in earnings for the customers' wiz GP & LPs on https://app.multiple.fi This is not it. It will be launching the Mainnet #Beta soon to unlock more rewards and a better #UX as it grows together with users. #UniswapV3 #AMM
Visit — https://app.multiple.fi/#/vault
- Multiple Protocol is defining evolution of DeFi 1.0 to DeFi 2.0 with a more connected community of investors and market makers in a secure and rewarding environment.
Web3.0 to witness the beginning of DeFi 2.0 with Multiple Protocol Beta Launch.
A simple yet robust dashboard for Active Liquidity Management & Market Making strategies on Uniswap awaits users.
- Multiple Protocol is Decentralizing Money Market Funds.
Check out our latest article in Bitcoinist
https://bitcoinist.com/multiple-protocol-is-decentralizing-money-market-funds/)
- GP's in Multiple Protocol are the strong pillars of Market Making on Proof of Profitability Consensus Algorithm. A unique proprietary proposition rewarding the best strategies with Liquid Funds of Liquidity Provider on Uniswap v3.
Learn more — https://mulfinanceinfo.medium.com/why-gps-play-an-important-role-in-multiple-protocol-amm-strategies-57139293564
Join as GP https://forms.gle/bpqvim9wB8MssQEt5
Customer earnings (LP & GP) earned $346k+ with TVL $4.05 Million in Multiple DeFi Protocol on Uniswap V3 in ETH, DAI, USDC and UNI pool.
The active liquidity pools on Multiple Protocol to facilitate concentrated liquidity to date are Ethereum (ETH) | USDC | DAI | UNI.
With launch of the upcoming Mainnet Beta Launch soon Multiple Protocol will add and provide market making strategies for newly launched projects on Uniswap V3.
Tech Updates:
New trade settings, created to support user switching options, and to remember the user's last option after switching:
- Move into the position corresponding to the description icon to display the functional description.
- New positions provide Lite and Pro versions for users to choose from, the Pro professional version is selected by default.
- Lite Version provides an interface for adding liquidity parameter settings is available.
Price Range: The price range
Ticks Number: Number of ticks covered by the price range
Smart Contract
It has done some gas optimization, refactoring, reducing complexity, and increasing test coverage of smart contracts. While the current version continues to test internally, it is planning to iterate related product documentation for smart contracts.
About Multiple Protocol
Multiple Protocol is a Decentralized Finance (DeFi) protocol based on Ethereum that allows expert traders (GP) to provide professional AMM liquidity strategies, which in turn ensures users (LP) securely benefit from the best yielding products.
More information on Social Media:
Discord:https://discord.gg/4fQXr35NKS
Twitter: https://twitter.com/FinanceMul
Medium: https://mulfinanceinfo.medium.com/
Telegram: https://t.me/multiple_official
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SOURCE multiple protocol | https://www.kxii.com/prnewswire/2022/05/06/multiple-public-mainnet-is-live/ | 2022-05-06T05:18:02Z |
BALTIMORE, July 5, 2022 /PRNewswire/ -- SharpRank, sports betting's independent ratings agency, announced today it has partnered with Quarter4 – a Canadian based, artificial intelligence platform for pregame and in game predictive analysis. This partnership delivers solutions to the increasing demand for specialized and personalized data sources and services. Set to go live with the NFL season, the annual partnership will open tools for clients and their consumers, which have been built to unlock a new level of user engagement.
"Individually, SharpRank and Quarter4 offer extremely valuable resources to their clients and the market as a whole. The complementary nature of what we can provide together creates amplified opportunity around data science which subsequently affects the user experience very positively." Said Chris Adams, CEO of SharpRank. "Our focus remains on bringing transparency and elevating the sports betting market. As the industry standard for ratings and proprietary "DNA" of this betting behavior, Quarter4 will leverage us to enhance their already great products."
"We partner with the most progressive companies in our industry," said Kelly Brooks, CEO of Quarter4. "SharpRank's differentiated technology, combined with our proprietary neural network is what data science dreams are made of."
This partnership continues to expand each company's geographic footprint and enables a wider data warehouse to build the industry's tools.
SharpRank
SharpRank, Inc. is an independent ratings agency and performance rating platform for sports betting experts, algorithms, prognosticators, and the public, leveraging its proprietary, cross-sport, and ever evolving ranking algorithm and metrics. By taking a comprehensive and holistic approach, the Company provides the industry standard with respect to rating and ranking these experts and their platforms.
Quarter4 Quarter4 is a revolutionary artificial intelligence platform that generates 2 million daily pregame and in game predictions for professional and college sports. The highly scalable technology delivers proprietary insights for team and player performance. Sportsbooks, data providers, media agencies and affiliates are empowered with predictive analysis that is unique, personalized, and non-biased. The data is available via robust API, custom dashboard and via embeddable products such as brackets, player affect simulators and seeding probability widgets.
CONTACT: info@sharprank.com
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SOURCE SharpRank, Inc. | https://www.kxii.com/prnewswire/2022/07/05/sharprank-quarter4-finalize-deal-leverage-powerful-data-products/ | 2022-07-05T14:42:22Z |
BCBSTX continues community impact through numerous initiatives and financial contributions
RICHARDSON, Texas , April 11, 2022 /PRNewswire/ -- Blue Cross and Blue Shield of Texas (BCBSTX) released its 2021 Corporate Social Responsibility Report which highlights the company's numerous initiatives and contributions to the communities in which it serves. The report's areas of focus include access to care, community impact and operating responsibly as aligned with BCBSTX's commitment to addressing health disparities and supporting more equitable care for all.
"We support affordable, quality healthcare for all and believe in making intentional and meaningful efforts to enhance positive health outcomes for all Texans," said Sheena Payne, BCBSTX Director of Community Affairs. "We are proud of the impact we have had for our members, customers and employees as well as our communities across the state"
The report details BCBSTX's substantial financial and in-kind donations as well as its contribution of resources to provide healthcare services, eliminate food insecurity and nutrition inadequacy, and operate in an environmentally sustainable manner.
In addition, the report features BCBSTX's support for COVID-19 recovery through its contributions to organizations providing health literacy education, medical supplies, emergency shelter, access to care and other resources and coordination with state health agencies to address gaps in immunizations for vaccine-preventable diseases, including COVID-19.
For additional details and on all 2021 BCBSTX efforts, view the company's full Corporate Responsibility Report.
About Blue Cross and Blue Shield of Texas
Blue Cross and Blue Shield of Texas (BCBSTX) – the only statewide, customer-owned health insurer in Texas – is the largest provider of health benefits in the state, working with nearly 80,000 physicians and healthcare practitioners, and 500 hospitals to serve more than 6 million members in all 254 counties. BCBSTX is a Division of Health Care Service Corporation (HCSC) (which operates Blue Cross and Blue Shield plans in Texas, Illinois, Montana, Oklahoma and New Mexico), the country's largest customer-owned health insurer, and fourth largest health insurer overall. Health Care Service Corporation is a Mutual Legal Reserve Company and an Independent Licensee of the Blue Cross and Blue Shield Association.
BCBSTX.com | Twitter.com/BCBSTX | Facebook.com/BlueCrossBlueShieldOfTexas| YouTube.com/BCBSTX
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SOURCE Blue Cross and Blue Shield of Texas | https://www.wibw.com/prnewswire/2022/04/11/blue-cross-blue-shield-texas-releases-2021-corporate-responsibility-report/ | 2022-04-11T15:33:55Z |
BOSTON (AP) — Jorge Polanco and Kyle Garlick hit early two-run homers over the Green Monster to back Dylan Bundy, carrying the Minnesota Twins past the Red Sox 8-3 in Boston’s annual Patriots’ Day game on Monday.
The game started at 11:11 a.m. EDT, played in conjunction with the 126th Boston Marathon, which ended about one mile from Fenway Park.
“I think I definitely gave us a little bit of momentum there in the beginning,” said Garlick of his first-inning homer. ”I just wanted to make sure I got a good night’s sleep because it was an early game today. I don’t mind the day games. I’m more of a morning person.”
Polanco added a two-run single in a four-run eighth inning and Gio Urshela had three singles for the Twins, who won the series finale for a four-game split.
Christian Vázquez hit a solo homer and Xander Bogaerts had three hits with an RBI for the Red Sox.
Bundy (2-0) gave up one run and five hits in 5 1/3 innings with six strikeouts and no walks. In his Twins’ debut, he pitched five shutout innings after signing a $4 million, one-year deal as a free agent on December 1.
“This game’s hard to play. It’s 11 a.m. It’s early,” Bundy said. “It’s always nice to have the guys swinging early and getting that early run support.”
A few minutes after fans were turning on the back of the Monster attempting to get a glimpse at the men’s leaders of the race heading toward nearby Kenmore Square, Polanco hit his drive into the second row of seats off starter Rich Hill (0-1) that made it 4-0 in the third.
Hill was pitching three days after his 94-year-old father, Lloyd Sr., passed away. His dad ran 37 Boston Marathons.
“For him to go out there and compete, that was good enough for us,” Boston manager Alex Cora said. “Obviously, the two swings, right, the homers. Besides that, changing speeds, using the breaking ball, gave us more than enough the way he started.”
Hill admitted that it’s been a tough couple of days.
“It was a tough weekend,” Hill said. “But the job is to be a professional and show up.”
Twins manager Rocco Baldelli expressed his sympathy before the game.
“We want to send our thoughts to Rich across the way,” Baldelli said. “I’m sure it’ll be an emotional and very meaningful day for him.”
Hill gave up four runs and six hits in 4 2/3 innings.
“We feel sad for him,” Boston third baseman Rafael Devers said through a translator. “He’s a really good competitor and did a really good job out there today.”
NEIGHBORHOOD PLAY
The Red Sox have been scheduled on Patriots’ Day every year since 1959 but it was the first time since 2019 they played on the day of the marathon. The 2020 baseball season was delayed and that year’s marathon held virtually because of the COVID-19 pandemic, and the 2021 marathon was moved to October.
TRIBUTE
The Red Sox wore their traditional white home uniforms, but with red lettering that read “Boston” across the front, a tribute that started nine years ago in the first game after two bombs went off near the finish line, killing three people and injuring more than 260 others.
TRAINER’S ROOM
Twins: Baldelli met with OF Byron Buxton, who left the series opener after aggravating his right knee on a hard slide. “He’s very optimistic about how he’s feeling right now,” Baldelli said. “I think we’re going to get to the point in the next day or two where we’re going to talk about a specific plan about getting him back.” Buxton had an MRI on Saturday that didn’t reveal any structural issues.
Red Sox: INF Trevor Story had the day off. … C Kevin Plawecki was placed on the COVID-19 related injured list, and C Connor Wong was recalled from Triple-A Worcester.
UP NEXT
Twins: Begin a three-game series in Kansas City on Tuesday. RHP Chris Archer (0-0, 0.00 ERA) is scheduled to make his second start after pitching four scoreless innings last week. RHP Carlos Hernández (0-0, 8.31) is in line for the Royals.
Red Sox: Open a three-game series against the Blue Jays in their first night game of the season at Fenway Park Tuesday. RHP Nathan Eovaldi (1-0, 4.50) is slated to face Toronto LHP Yusei Kikuchi (0-1, 5.40).
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/polanco-hr-4-rbis-twins-beat-red-sox-8-3-on-patriots-day/ | 2022-04-19T11:00:02Z |
For the first time, two commercial links in the cislunar value chain come together to integrate their systems, winning the Space Florida-Israel Innovation Partnership Grant
TEL AVIV, Israel and ROCKLEDGE, Fla., Aug. 9, 2022 /PRNewswire/ -- Two space tech companies, Helios and Eta Space, today announce they are joining forces to solve the problem of oxygen in space. If humanity is to have a sustainable presence beyond Earth, the reusable methane-fueled rocket systems need liquid oxygen at a ratio of 1:4, so the only cost-effective solution to refueling in orbit is to create and store oxygen on the Moon and on Mars.
Helios, which is backed by the Israel Space Agency (ISA) and which recently announced funding from several venture capital firms, has developed an electrochemical reactor capable of extracting oxygen from the lunar regolith, which is made of approximately 45% oxygen. Their proprietary technology and process has proven effective and is being used terrestrially for the extraction of other elements, such as iron.
Eta Space, located on the Space Coast of Florida, specializes in production, storage and transfer of cryogenic propellants. Its founder and CEO, Dr. William Notardonato, worked for 30 years at NASA and is a specialist in cryogenic technologies, specifically liquid oxygen and liquid hydrogen.
"Eta Space would play the important role of liquifying and storing the oxygen produced by the Helios reactor in cryogenic tanks," explained Dr. Notardonato. "The two companies complement each other with their mission to reduce costs in space even further, a key step to make beyond earth presence sustainable."
Space Florida, the aerospace and spaceport development authority for the State of Florida, and the Israel Innovation Authority, an independent, publicly funded agency created to address the needs of the local and international innovation ecosystems, recently announced the ninth-round winners of industrial research and development funding tied to the Space Florida-Israel Innovation Partnership Program.
In October 2013, Florida and Israel established a $2 million recurring joint fund to support research, development, and commercialization of aerospace and technology projects that benefit both Israel and Florida. For this Call for Projects, five teams have been selected for this ninth round of awards.
As one of the winning teams, Eta Space and Helios will leverage each other's expertise in cryogenic and chemical engineering, to develop an integrated lunar oxygen production and liquefaction plant, a critical step toward a sustainable cislunar industry.
"In order to enable the establishment of a permanent lunar base, Helios' technology is not enough – a whole set of technologies are required to realize the lunar economic value chain," said Jonathan Geifman, Helios CEO and co-founder. "This new collaboration with Eta Space will for the first time connect two purely commercial links in the chain – the production and the storage of oxygen – thus making multiple and long-term missions to the moon closer to being economically viable."
About Eta Space
Founded in 2019 by former NASA and contractor personnel with over 130 years of combined experience in aerospace cryogenics, Eta Space is a technology development company that specializes in applying advanced cryogenic systems to solve critical problems in the new space and the hydrogen energy economy. Eta Space is currently developing efficient cryogenic storage and transfer systems on Earth, in orbit, and on the Moon.
About Helios
Helios is an Israeli company founded in 2018, supported by the Israel Space Agency at the Ministry of Innovation, Science and Technology, Ministry of Energy and the Innovation Authority. The company's vision is to enable sustainable human life on Earth and beyond. Among its core technologies are systems to produce oxygen on the lunar surface and iron on Earth with zero direct carbon emissions. Visit https://www.project-helios.space/
Photo - https://mma.prnewswire.com/media/1874310/Helios_Oxygen_depot.jpg
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SOURCE Helios | https://www.mysuncoast.com/prnewswire/2022/08/09/helios-eta-space-combine-technologies-extract-store-liquid-oxygen-moon/ | 2022-08-09T07:30:31Z |
STEM Nonprofit Achieves Major Mobile Lab Milestones on 20th School Year
GAITHERSBURG, Md., Aug. 30, 2022 /PRNewswire/ -- STEM equity nonprofit Learning Undefeated is celebrating 20 years of running mobile labs across the Mid-Atlantic region and throughout Texas, serving over 1.3 million students. This year, the nonprofit's mobile labs were recognized as the Best of STEM Awards winner.
Learning Undefeated's Drop Anywhere Labs won the Best of STEM Awards for the Social Impact category for promoting diversity, equity, and inclusion. Custom-built shipping containers, Drop Anywhere Labs offer a blend of career and skills education that engages students in game-based learning and teaches science, technology, engineering, and math content through collaboration and teamwork.
"For two decades, Learning Undefeated's flagship mobile labs have been bringing new STEM concepts right to the school parking lot. We've already prepared more than a million students for STEM careers, and are committed to reaching a million more in the next five years," said Brian Gaines, CEO of Learning Undefeated. "Our fleet of mobile labs is made even more impactful by all of our other learning tools: standards-aligned curriculum that supports teachers with new technology and professional-grade laboratory equipment, and deep-impact programs that give students experiences they couldn't get in a classroom setting."
The nonprofit's latest mobile lab launched in July 2022 in partnership with the Port of Corpus Christi and named the Port of Corpus Christi PORT-Able Learning Lab, bringing a unique and innovative educational resource to schools across the Coastal Bend region. This investment will help provide students with skills to more readily compete for jobs and fill the needs of this region's current labor demand.
Since 2003, Learning Undefeated has reached more than 1.3 million students through innovative and experiential education programs for grades K-12. Learning Undefeated programs foster STEM identity, boost self-efficacy, teach hands-on and critical thinking skills, and empower students to succeed in the workforce of the future. These are part of the nonprofit's mission to drive race and gender equity in STEM for students and schools from marginalized communities.
To learn more about Learning Undefeated, visit their website: https://www.learningundefeated.org/.
Learning Undefeated provides life-changing STEM experiences for under-resourced communities by providing equitable access to education and inspiring students to imagine their own success. Through innovative and experiential education programs for grades K-12, we are promoting gender and race equality in STEM careers and building the workforce that will drive the innovation economy. Learning Undefeated's flagship education program features mobile STEM labs that have provided hands-on learning opportunities to over one million K-12 students in all 50 states since 2003. The nonprofit's Drop Anywhere Lab won the 2022 Best of STEM Awards for the Social Impact: Promoting Diversity & Equity Inclusion category.
Learning Undefeated also operates several other celebrated STEM education programs, including the Emerging Leaders talent accelerator program, Young Science Explorers Program summer camp, STEM Leadership Experience, student competitions, after-school programs, curriculum development and disaster recovery education.
Visit learningundefeated.org or follow us on social media @LearningUNDFTD.
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SOURCE Learning Undefeated | https://www.kxii.com/prnewswire/2022/08/30/learning-undefeated-celebrates-20-successful-years-driving-stem-engagement-with-mobile-labs/ | 2022-08-30T13:22:45Z |
PITTSBURGH, May 30, 2022 /PRNewswire/ -- "I'm a carpenter and I wanted to create a new level to provide optimum viewing of the spirit/bubble vial," said an inventor, from San Diego, Calif., "so I invented the UPRIGHT LEVEL. My design would offer an easier way of knowing if materials are level and plumb during a construction or renovation project."
The patent-pending invention provides an improved design for a level tool. In doing so, it offers an easier way to view the spirit/bubble vial. As a result, it could increase efficiency and accuracy and it eliminates the need to maneuver the device at awkward angles. The invention features a practical design that is easy to use so it is ideal for contractors, carpenters, do-it-yourselfers, etc. Additionally, it is producible in design variations.
The original design was submitted to the San Diego sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SDB-1628, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/05/30/inventhelp-inventor-develops-easier-way-view-use-level-sdb-1628/ | 2022-05-30T20:59:59Z |
Technological and Structural Advancements Designed To Accelerate Treatment Time for Orthodontic Patients Up To 50%
BREA, Calif., May 24, 2022 /PRNewswire/ -- Ormco Corporation, a global leader and innovator of orthodontic products and solutions, announces sole U.S. Distribution of the improved OrthoPulse® Gen.2 medical device. Reducing treatment time for patients up to 50%1, this gentle and noninvasive system receives structural and technological improvements.
- Increased battery capacity
- Water protecting design in charging case and mouthpiece
- Plastic chassis for flex circuit in mouthpiece help to reduce risk of broken wires
- "Backbone" reinforced on mouthpiece structure
- New version of app includes advanced quality of life updates
"Through modification of a patient's biological response to treatment and hence shortening the orthodontic timeline, patients and doctors find this device invaluable which is why we are so excited to announce that Ormco is the sole U.S. Distributor for the latest version of the already popular OrthoPulse® device," said Jim McGillivary, President of Ormco. "Giving fixed and aligner patients more comfort2 and significantly lessening treatment time–while shortening chair time and increasing predictive outcomes–are all important aspects of our core business." he continued.
"Thanks to the innovative technology of OrthoPulse®, my patients can safely and effectively accelerate their orthodontic treatment," said Dr. Jeff Summers. "OrthoPulse® integrates easily into their daily routine, and we are also seeing that it is gentle and comfortable to help reduce pain and discomfort associated with treatment."
OrthoPulse® is a clinically proven and FDA-approved medical device using low levels of light energy to stimulate the bone surrounding the roots of teeth and facilitate tooth movement, accelerating orthodontic treatment with fixed braces and clear aligners by up to 50%1 The device is designed to be used at home by the patient for ten minutes daily.
To learn more about the OrthoPulse Gen.2 please visit: https://ormco.com/orthopulse.
ABOUT ORMCO
Ormco, headquartered in Brea, Calif., is a global leader and innovator of orthodontic products and solutions to help enhance the lives of its customers and their patients. For 60 years, Ormco has partnered with the orthodontic community to help create over 20 million smiles in over 140 countries. Distinguished products range from twin brackets (Symetri™ Clear, Titanium Orthos™, and Mini Diamond™) to pioneering self-ligating appliances with the Damon™ System (including Damon Ultima™ System and Damon™ Clear2). Spark™ Clear Aligner System is designed to meet the needs of the orthodontist with the TruGEN™ material and 3D Approver software. Ormco's Insignia™ Advanced Smile Design™ provides an all-inclusive customized indirect bonding solution for efficiency through personalization. From personalized service to professional education programs and marketing support, Ormco is committed to helping orthodontists achieve their clinical and practice management objectives. Connect on Facebook at www.facebook.com/myormco and LinkedIn at www.linkedin.com/company/ormco.
Envista is a global family of more than 30 trusted dental brands, united by a shared purpose: to partner with professionals to improve lives. Envista helps its customers deliver the best possible patient care through industry-leading dental consumables, solutions, technology, and services. Our comprehensive portfolio, including dental implants and treatment options, orthodontics, and digital imaging technologies, covers an estimated 90% of dentists' clinical needs for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile. Envista companies, including KaVo Kerr, Nobel Biocare, and Ormco, partner with dental professionals to help them deliver the best possible patient care. With a foundation comprised of the proven Envista Business System (EBS) methodology, an experienced leadership team, and a strong culture grounded in customer centricity, commitment to innovation, respect, continuous improvement, and leadership, Envista is well-equipped to meet the end-to-end needs of dental professionals worldwide. Envista is one of the largest global dental products companies, with significant market positions in some of the most attractive segments of the dental products industry. For more information, please visit www.envistaco.com.
The opinions expressed are those of Dr. Jeff Summers as a paid consultant to Ormco. Ormco is a medical device manufacturer and does not dispense medical advice. Clinicians should use their own professional judgment in treating their patients. Individual patient results may vary. OrthoPulse® is a registered trademark of Biolux Technology GmbH.
1 Shaughnessy et al. Intraoral photobiomodulation-induced orthodontic tooth alignment: a preliminary study. BMC Oral Health, 2016. 16:3.
2 Al-Okla N, Ferguson D et al. Pain perception of photobiomodulation treated and sham-controlled patients undergoing orthodontic treatment: JCO / February 2020, Volume LIV No.2
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SOURCE Ormco Corporation | https://www.mysuncoast.com/prnewswire/2022/05/24/ormco-announces-sole-us-distribution-improved-orthopulse-gen2-device/ | 2022-05-24T12:52:39Z |
HOUSTON, May 27, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT), a leading advertising and marketing technology platform, today announced that Mark Walker, Chief Executive Officer and Co-Founder of Direct Digital Holdings, will participate in the Loop Capital Markets 2022 Investor Conference on June 2, 2022 to be held at The Westin New York in Times Square.
For more information, or to schedule a meeting with management, please reach out to your Loop Capital Markets representative.
Direct Digital Holdings (Nasdaq: DRCT) brings state-of-the-art supply- and demand-side advertising platforms together under one umbrella company. The holding group's supply-side platform Colossus SSP offers advertisers of all sizes extensive reach within general market and multicultural media properties. Its operating companies Huddled Masses and Orange142 deliver significant ROI for middle market advertisers by providing data-optimized programmatic solutions at scale for businesses in sectors that range from energy to healthcare and travel to financial services. Direct Digital Holdings' buy-side solutions manages over 200 clients daily, and the sell-side solution serves over 80,000 advertisers generating over 70+ billion impressions per month across display, CTV, in-app, and other media channels.
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SOURCE Direct Digital Holdings | https://www.mysuncoast.com/prnewswire/2022/05/27/direct-digital-holdings-participate-loop-capital-markets-2022-investor-conference/ | 2022-05-27T21:18:06Z |
SINGAPORE, July 6, 2022 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced its latest technology advancement, the new heavy-duty hydrogen engine, YCK16H.
With a displacement of 15.93 liters and a maximum horsepower of 560 horsepower, YCK16H is the largest and most powerful hydrogen internal combustion heavy-duty engine being launched in China. Different from its peer products in the marketplace, the YCK16H is smaller in size and lighter in weight, but produces larger horsepower that can be widely used in various heavy-duty commercial vehicles such as the 49T semi-trailer and distributed energy resource applications.
YCK16H features a proprietary smart engine control system along with its advanced high-pressure common rail, high-pressure direct injection and twin scroll turbocharger technologies enabling stronger power, higher thermal efficiency and better combustion stability.
This platform is designed with high adaptability for fuel concentration, which allows the engines to operate with different hydrogen fuels such as grey hydrogen, green hydrogen and hydrogen from methanol.
The introduction of the heavy-duty YCK16H engine follows the successful launch of China's first hydrogen-fired engine the YCK05H in December 2021. The light-duty YCK05H is designed for the urban bus, municipal administration, sanitation, and logistics markets.
Weng Ming Hoh, President of China Yuchai, commented, "New energy technologies are rapidly evolving and our new hydrogen-fired YCK16H engine marks another milestone on our zero-carbon energy track. Our new energy engine technologies support China's long-term strategic plans to lower emissions."
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, marine and agriculture applications in China. GYMCL also produces diesel power generators. The engines produced by GYMCL range from diesel to natural gas and hybrid engines. Through its regional sales offices and authorized customer service centers, GYMCL distributes its engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2021, GYMCL sold 456,791 engines and is recognized as a leading manufacturer and distributor of engines in China. For more information, please visit http://www.cyilimited.com.
Safe Harbor Statement:
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "anticipate", "project", "targets", "optimistic", "confident that", "continue to", "predict", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements including, but not limited to, statements concerning China Yuchai's and the joint venture's operations, financial performance and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. China Yuchai cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in China including those discussed in China Yuchai's Form 20-Fs under the headings "Risk Factors", "Results of Operations" and "Business Overview" and other reports filed with the Securities and Exchange Commission from time to time. Among others, if the COVID-19 pandemic is not effectively and timely controlled, our business operations and financial condition may be materially and adversely affected due to a deteriorating market for automotive sales, an economic slowdown in China and abroad, a potential weakening of the financial condition of our customers, or other factors that we cannot foresee. All forward-looking statements are applicable only as of the date it is made and China Yuchai specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.
For more information:
Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: cyd@bluefocus.com
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SOURCE China Yuchai International Limited | https://www.kxii.com/prnewswire/2022/07/06/china-yuchai-introduces-chinas-largest-highest-horsepower-hydrogen-engine/ | 2022-07-06T10:24:03Z |
STAMFORD, Conn., Aug. 9, 2022 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp., have closed on $1.5 billion in aggregate principal amount of senior unsecured notes due 2029 (the "Notes"). The Notes bear interest at a rate of 6.375% per annum and were issued at a price of 100.000% of the aggregate principal amount.
The Notes were sold to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S. The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.
This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful.
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.kxii.com/prnewswire/2022/08/09/charter-closes-15-billion-senior-unsecured-notes/ | 2022-08-09T20:35:40Z |
FAIRPORT, N.Y., July 22, 2022 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced that its Board of Directors has declared a quarterly dividend of $0.05 per share of Class A common stock. The dividend will be paid on or about August 19, 2022 to shareholders of record as of the close of business on August 5, 2022.
Manning & Napier (NYSE: MN) provides a broad range of investment solutions through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services that complement our investment process. Founded in 1970, we offer equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, including life cycle funds. We serve a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, our relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems. We are headquartered in Fairport, NY and had 275 employees as of March 31, 2022.
This press release and other statements that the Company may make may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the Company's current views with respect to, among other things, its operations and financial performance. Words like "believes," "expects," "may," "estimates," "will," "should," "intends," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, are used to identify forward-looking statements, although not all forward-looking statements contain these words. Although the Company believes that it is basing its expectations and beliefs on reasonable assumptions within the bounds of what it currently knows about its business and operations, there can be no assurance that its actual results will not differ materially from what the Company expects or believes. Some of the factors that could cause the Company's actual results to differ from its expectations or beliefs include, without limitation: changes in securities or financial markets or general economic conditions; the impact of COVID-19 on the U.S. and global economy; a decline in the performance of the Company's products; client sales and redemption activity; any loss of an executive officer or key personnel; changes in the Company's business related to strategic acquisitions and other transactions; the Company's ability to successfully deploy new technology platforms and upgrades; changes of government policy or regulations; and other risks discussed from time to time in the Company's filings with the Securities and Exchange Commission.
Contacts
Investor Relations Contact
Emily Blum
Prosek Partners
973-464-5240
eblum@prosek.com
Public Relations Contact
Nicole Kingsley Brunner
Manning & Napier, Inc.
585-325-6880
nbrunner@manning-napier.com
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SOURCE Manning & Napier, Inc. | https://www.kxii.com/prnewswire/2022/07/22/manning-amp-napier-inc-announces-quarterly-dividend/ | 2022-07-22T13:14:50Z |
Planners break ground for new Gulf War memorial in DC
WASHINGTON (AP) — Over 30 years after a U.S.-led international military coalition expelled occupying Iraqi troops from Kuwait, planners have broken ground on the long-simmering plans for a Gulf War memorial.
Hundreds gathered Thursday morning for a ground-breaking ceremony at the corner of Constitution and 23rd streets, where the memorial will be located. Organizers have pushed to create the memorial for years, after the concept was approved by Congress in 2014.
“We’re here because we all agree that honoring these American warriors is a worthy cause,” said Sen. John Boozman, R-Ark., who co-authored the legislation authorizing the memorial’s construction. He called the conflict “an important moment in our nation’s tradition of fighting tyranny.”
Scott Stump, CEO of the memorial association, recalled years of “toil, struggle pain, heartache, ups and downs,” with fundraising challenges and multiple design revisions.
“We were told that there weren’t enough organizations that were interested in our message,” Stump said. He said he expects the memorial, when completed, to attract millions of visitors to a prime location near both the Lincoln Memorial and Vietnam Veterans’ Memorial.
Known as the National Desert Storm and Desert Shield Memorial, the monument will feature a circular open-air design with features meant to evoke the sand dunes of the desert battleground.
Admiral Christopher Grady, vice chairman of the Joint Chiefs of Staff, called it a fitting tribute to the 299 U.S. soldiers who died during the conflict.
“It was those in uniform and all those who supported them that we remember today,” he said.
Grady also cited the Gulf War as a lasting example of international cooperation and partnership among nations to defend Kuwait’s sovereignty.
“This is one of our competitive advantages — the friends that we have but others don’t,” he said.
The plan has come together with the active involvement of the Kuwaiti government, which donated $10 million to the effort.
“From the people of Kuwait to the United States: thank you, thank you, thank you,” said long-serving Kuwaiti ambassador Salem Al-Sabah on Thursday. Al-Sabah called the memorial “a token of gratitude to the noble soldiers who helped liberate my country.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/15/planners-break-ground-new-gulf-war-memorial-dc/ | 2022-07-15T15:02:19Z |
WASHINGTON, Aug. 17, 2022 /PRNewswire/ -- Guidehouse, a leading global provider of consulting and outsourcing services to public sector and commercial clients, has been ranked 2022's second-largest healthcare management consulting firm by Modern Healthcare. Up from No. 3 last year, Guidehouse is ranked among 29 US companies based on total 2021 healthcare revenue.
Continually growing, Guidehouse has been ranked among the top six companies on the annual list 10 times. The firm's Health segment helps providers, government agencies, life sciences companies, employers, payers, and other organizations solve the industry's most complex challenges. The team includes experts from diverse commercial and public health backgrounds who share knowledge to modernize and innovate healthcare services, finances, and operations.
"This recognition further validates Guidehouse's status as a trusted partner to the broader healthcare industry," said Alicia Harkness, Guidehouse partner and Health segment leader. "We have the unique ability to bring both commercial and public sector capabilities and perspectives to transform the healthcare experience and maximize its value. The firm's continued growth is directly attributed to our valued employees and the relationships we've built with our clients."
In October 2021, Guidehouse acquired Dovel Technologies, a provider of domain expertise and advanced technologies that support the health IT, life sciences, public safety, and grants management markets. The acquisition strategically expanded Guidehouse's healthcare-specific expertise in pre-clinical and clinical research, grants management, clinical care, biomedical innovation, bioinformatics, advanced analytics, digital modernization, software and infrastructure development, and more.
With 12 KLAS #1 rankings, Guidehouse is also the recipient of 11 NIH Director's Awards and multiple other accolades for its passionate commitment to helping clients deliver innovative services to their communities and customers. Visit the Guidehouse Center for Health Insights for the latest healthcare industry insights and solutions.
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 13,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
Guidehouse
Cecile Fradkin cfradkin@scprgroup.com
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SOURCE Guidehouse | https://www.kxii.com/prnewswire/2022/08/17/guidehouse-ranked-2nd-largest-healthcare-management-consulting-firm-by-modern-healthcare/ | 2022-08-17T14:31:13Z |
Police arrest landlord accused of running over tenant, killing him
PAHRUMP, Nev. (Gray News/KVVU) - A man is charged with open murder after police said he allegedly ran over his tenant with his vehicle and dragged his body down the road.
The Nye County Sheriff’s Office reported that 70-year-old William Stanley was arrested in the death of 66-year-old Frank Brink after Brink’s body was found on the side of the road on Sept. 6.
Deputies who responded to the report of a body found said there was evidence the body had been dragged to the location where it was discovered, according to Captain Davide Boruchowitz with the Nye County Sheriff’s Office.
Boruchowitz said deputies then followed a trail of blood and clothing to an address nearby where it appeared the dragging had begun.
The sheriff’s office identified the owner of the property as Stanley and said he was Brink’s landlord.
Upon further investigation, Boruchowitz reported deputies discovered the incident began with an argument between Stanley and Brink. A declaration of probable cause and detention obtained by KVVU reported Stanley admitted to running Brink over with his vehicle, killing him.
Stanley then reportedly used a rope to tie Brink’s leg to the back of the vehicle before dragging his body to the spot where it was later found, according to the declaration.
Boruchowitz said deputies found sufficient evidence during an executed search warrant to arrest Stanley.
Stanley was charged with open murder and was booked into the Nye County Detention Center without bail.
Copyright 2022 Gray Media Group, Inc. All rights reserved. KVVU contributed to this report. | https://www.mysuncoast.com/2022/09/10/police-arrest-landlord-accused-running-over-tenant-killing-him/ | 2022-09-10T18:50:55Z |
Royals part ways with hitting coach Terry Bradshaw
KANSAS CITY, Mo. (KCTV) - On Monday, the Royals announced changes to their big league coaching staff, parting ways with Kansas City’s hitting coach since 2018, Terry Bradshaw, effective immediately.
The Royals lineup has struggled for most of the season so far, leading Kansas City to a 12-20 record.
Alec Zumwalt, Senior Director for Player Development and Hitting Performance, and one of the key voices in the organization’s development of recent top prospects, will join the big league staff full-time to oversee all hitting efforts.
Keoni DeRenne remains the Assistant Hitting Coach and Mike Tosar, Special Assignment Hitting Coach, will also be in uniform with the Major League team.
“Baseball is constantly shifting and we have to continue to self-evaluate to make sure we’re giving our players everything they need to be successful at the highest levels of baseball,” Royals General Manager JJ Picollo said. “Our results so far haven’t matched what we’re capable of, and we all share accountability in that. We look forward to Alec, Keoni and Mike helping us provide the best possible processes for our players.”
“Changes like this are never easy and I’m grateful to Terry for his friendship and all he’s done for me personally and for our team,” Royals manager Mike Matheny said. “We can all do better, and that includes me. I’m confident that better days are ahead, and that Alec, Keoni and Mike will help us get there.”
Terry Bradshaw worked in the Royals system since 2000 and played a key role in the development of Royals stars like Moustakas and Eric Hosmer. He was elevated to Major League Hitting Coach in 2018. Since then, Whit Merrifield led baseball in hits twice, doubles and triples. Jorge Soler led the American League and broke the Royals single season record with 48 home runs in 2019, which Salvador Perez matched in 2021.
“Terry is one of the finest men I’ve known in baseball,” Royals President of Baseball Operations Dayton Moore said. “The Royals are a better franchise with and because of men like Terry. We thank him and his family for all they’ve done for the Royals and for baseball.”
Zumwalt is in his 12th season with the Royals, and third in his current role. He was originally hired as a Pro Scout in 2011 and was awarded the 2015 Art Stewart Scout of the Year Award for his efforts during the World Series Championship season. He spearheaded a shift in hitting development that helped produce significant improvements in productivity, including Bobby Witt Jr. being named Baseball America’s Minor League Player of the Year and MJ Melendez winning the Joe Bauman Award as minor league home run champion in 2021.
Tosar joined the Royals in his current position in 2020. Prior to that, he was an International Scout and Special Assignment Hitting Coach with the Dodgers from 2012-19. He’s also worked with the Mariners, Twins, Marlins and Rays organizations. In 2017, Tosar threw to then-Royal Mike Moustakas in the 2017 Home Run Derby.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/05/16/royals-part-ways-with-hitting-coach-terry-bradshaw/ | 2022-05-16T22:54:58Z |
The Tampa Bay Rays came into the season with Wander Franco at shortstop, Brandon Lowe at second base and Mike Zunino behind the plate. With that kind of strength up the middle, a third straight AL East title seemed like a real possibility.
Now all three of those players are injured, and Tampa Bay — along with the rest of the division — has been left behind by the New York Yankees.
The Rays lost two of three at Baltimore over the weekend and dropped seven of nine overall on their road trip. That slump included a three-game sweep at the hands of the Yankees, who lead third-place Tampa Bay by 13 games and second-place Toronto by 11.
For the Rays, the offense has been the primary culprit. They rank 26th in the major leagues in both on-base percentage and slugging. Franco hasn’t played at all this month because of a quadriceps injury. Lowe, who hit 39 home runs last season, has only five in 32 games in 2022. Back problems have sidelined him for over a month.
Zunino also has just five homers after hitting 33 in 2021. He went on the injured list just over a week ago with a shoulder problem.
Even so, the Rays are still six games over .500. They have the fourth-best ERA in baseball, and Shane McClanahan (1.84) leads the American League in that category. But in an unforgiving AL East — with the Yankees on pace for 120 wins, and the Blue Jays and Red Sox also in contention for the postseason — Tampa Bay is facing some significant adversity.
UNPREDICTABLE
Atlanta entered its series with Chicago on a 14-game winning streak, and the Cubs had lost 10 in a row. So naturally, Chicago took the opener 1-0 on Friday.
It was the first time two double-digit streaks ended in the same game since Philadelphia’s win over Houston on Sept. 15, 1999 — which ended an 11-game skid for the Phillies and a 12-game winning streak for the Astros.
The Braves also lost to the Cubs on Saturday, but they managed a victory Sunday. Atlanta went 21-8 in a stretch of 29 straight matchups against teams under .500 when the game was played.
That changes in a big way now. The Braves, who trail the NL East-leading Mets by 5 1/2 games, face the Giants (37-28), Dodgers (40-25) and Phillies (36-32) to close out the month.
QUICK WORK
There had only been one immaculate inning — in which a pitcher strikes out the side on nine pitches — in the majors this year. Then two Houston Astros pulled it off in the same game. Luis Garcia did it in the second inning Wednesday against Texas, and Phil Maton did it in the seventh.
The Texas batters — Nathaniel Lowe, Ezequiel Duran and Brad Miller — were the same in both those innings.
TRIVIA TIME
The Rays are tied for the major league lead with 25 one-run games this season. They’re 12-13 in those. Which two other teams have also played 25 one-run games?
LINE OF THE WEEK
Jack Suwinski hit three homers Sunday, and the final one gave Pittsburgh a 4-3 victory over San Francisco. He became the first rookie to cap a three-homer game with a game-ending drive, according to the Elias Sports Bureau. He also became the second Pirates rookie with a three-homer game. The only other one was Andrew McCutchen, who did it in 2009.
COMEBACK OF THE WEEK
The Yankees appeared well on their way to a 10th straight victory when they led 8-3 in the sixth inning at Toronto on Sunday. Then Lourdes Gurriel Jr. hit a grand slam to pull the Blue Jays within one, and Teoscar Hernández added a three-run shot in the seventh to give Toronto a 10-8 advantage. The Blue Jays ended up winning 10-9.
TRIVIA ANSWER
Toronto (17-8) and Miami (8-17).
___
Follow Noah Trister at www.Twitter.com/noahtrister
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/rays-trying-to-stay-afloat-as-injuries-hurt-offense/ | 2022-06-21T03:00:08Z |
GREENFIELD, Wis., Aug. 9, 2022 /PRNewswire/ -- 1895 Bancorp of Wisconsin, Inc. (NASDAQ: BCOW) (the "Company"), the holding company for PyraMax Bank, today announced unaudited financial results for the quarter and six months ended June 30, 2022.
Financial Summary
Operating Results for the Three Months Ended June 30, 2022
Net Loss. We recorded a net loss of $241,000 for the three months ended June 30, 2022, an increase of $190,000 from a net loss of $51,000 recorded for the three months ended June 30, 2021. This increase was primarily due to a $1.0 million decrease in non-interest income, which was partially offset by a $678,000 decrease in noninterest expense, a $74,000 increase in net interest income after provision for loan losses and a $75,000 increase in income tax benefit.
Net Interest Income. Net interest income increased $179,000, or 5.7%, to $3.3 million for the three months ended June 30, 2022, from $3.1 million for the three months ended June 30, 2021. This increase was due to a $156,000 increase in interest income and a $23,000 decrease in interest expense. Interest and dividend income increased due primarily to an increase in interest earned on taxable securities, as a result of our strategy to deploy excess liquidity into securities. Interest expense decreased primarily due to a decline in interest expense on FHLB advances, as average balances of FHLB advances decreased. Our net interest rate spread increased 8 basis points to 2.52% for the three months ended June 30, 2022, from 2.44% for the three months ended June 30, 2021. Our net interest margin also increased 8 basis points to 2.65% from 2.57% over the same period.
Provision for Loan Losses. Provision for loan losses for the three months ended June 30, 2022 was $105,000 compared to no provision for the three months ended June 30, 2021. The increase in provision was primarily due to the increase in loans outstanding.
Non-interest Income. Non-interest income decreased $1.0 million, or 89.6%, to $118,000 for the three months ended June 30, 2022, from $1.1 million for the three months ended June 30, 2021. The decrease was primarily the result of a $763,000 decline in the market value of marketable equity securities held in our deferred compensation plan and a $241,000 decrease in net gain on sale of loans.
Non-interest Expense. Non-interest expense decreased $677,000, or 15.5%, to $3.7 million for the three months ended June 30, 2022 from $4.4 million for the three months ended June 30, 2021. This decrease was primarily due to a $664,000 decrease in salaries and employee benefits, which was due primarily to a $763,000 decrease in the market value of mutual funds held in our deferred compensation plan.
Operating Results for the Six Months Ended June 30, 2022 and 2021
Net (Loss) Income. We recorded net loss of $296,000 for the six months ending June 30, 2022, compared to net income of $470,000 recorded for the six months ending June 30, 2021. This decrease was primarily due to a $2.2 million decrease in non-interest income, which was partially offset by an $822,000 decrease in noninterest expense, a $353,000 increase in net interest income after provision for loan losses and a $294,000 decrease in income tax expense.
Net Interest Income. Net interest income increased $563,000, or 9.0%, to $6.8 million for the six months ended June 30, 2022 from $6.3 million for the six months ended June 30, 2021. The increase was due primarily to an increase in interest earned on taxable securities, which increased $511,000, or 84.7% from $603,000 in the first six months of 2021 to $1.1 million in the first six months of 2022, as a result of our strategy to deploy excess liquidity into securities. Our net interest rate spread increased 13 basis points to 2.60% for the six months ended June 30, 2022, from 2.47% for the six months ended June 30, 2021, while our net interest margin increased 14 basis points to 2.74% from 2.60% over the same period.
Provision for Loan Losses. Provision for loan losses for the six months ended June 30, 2022 was $210,000 compared to no provision for the six months ended June 30, 2021. The increase in provision was primarily due to the increase in loans outstanding.
Non-interest Income. Non-interest income decreased $2.2 million, or 81.5%, to $508,000 for the six months ended June 30, 2022 from $2.7 million for the six months ended June 30, 2021. This decrease was due primarily to a $1.1 million decline in the market value of marketable equity securities held in our deferred compensation plan, a $729,000 decrease in net gains on the sale of loans, due to a decrease in the sale of mortgage loans, and a $419,000 decrease in loan servicing fees.
Non-interest Expense. Non-interest expense decreased $822,000, or 9.7%, to $7.6 million for the six months ended June 30, 2022 from $8.5 million for the six months ended June 30, 2021. This decrease was primarily due to an $835,000 decrease in salaries and employee benefits, as a result of a $1.1 million decline in the market value of marketable equity securities held in our deferred compensation plan.
Financial Condition at June 30, 2022
Total Assets. Total assets decreased $4.0 million, or 0.7%, to $535.6 million at June 30, 2022 from $539.6 million at December 31, 2021.
Cash and Cash Equivalents. Cash and cash equivalents decreased $46.6 million, or 69.7%, to $20.2 million at June 30, 2022 from $66.8 million at December 31, 2021, primarily due to the purchase of $37.1 million in available-for-sale securities, $26.0 million of net loan growth, $13.8 million in originations of loans held for sale and $8.0 million in principal payments on FHLB advances.
Available-for-Sale Securities. Available-for-sale securities increased $14.2 million, or 12.7%, to $126.7 million at June 30, 2022, from $112.4 million at December 31, 2021.
Net Loans. Net loans held for investment increased $25.8 million, or 8.0%, to $349.6 million at June 30, 2022, from $323.8 million at December 31, 2021.
Deposits. Deposits decreased $1.4 million, or 0.4%, to $383.1 million at June 30, 2022, from $384.5 million at December 31, 2021.
Borrowings. Borrowings, consisting entirely of FHLB advances, increased $2.0 million, or 3.6%, to $57.4 million at June 30, 2022, from $55.4 million at December 31, 2021.
Total Stockholders' Equity. Total stockholders' equity decreased $9.9 million to $81.0 million at June 30, 2022, from $90.9 million at December 31, 2021. The decrease was primarily due to an $11.9 million increase in net unrealized losses on available-for-sale securities, which net of taxes, resulted in a $8.7 million decrease in stockholders' equity. The increase in net unrealized losses on available-for-sale securities resulted primarily from changes in market interest rates.
About 1895 Bancorp of Wisconsin, Inc.
1895 Bancorp of Wisconsin, Inc. is the savings and loan holding company for PyraMax Bank. The Company's stock trades on the NASDAQ Capital Market under the symbol "BCOW". PyraMax Bank was established in 1895 as South Milwaukee Savings and Loan Association and has operated in the Milwaukee, Wisconsin market since that time. PyraMax Bank is a full-service stock savings bank with its corporate office in Greenfield, Wisconsin, servicing customers in Milwaukee, Waukesha and Ozaukee counties through our six banking offices.
Forward-Looking Statements
This release may contain certain "forward-looking statements" that represent 1895 Bancorp of Wisconsin, Inc.'s current expectations or beliefs concerning future events. Forward-looking statements can be identified by the use of words such as "estimate," "project," "believe," "intend," "anticipate," "assume," "plan," "seek," "expect," "will," "may," "should," "indicate," "would," "believe," "contemplate," "continue," "target" and words of similar meaning. Forward-looking statements are subject to numerous risks and uncertainties, as described in the "Risk Factors" disclosures included in our most recent Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission (the "SEC") on March 29, 2022, as supplemented by our subsequent Quarterly Reports on Form 10-Q and other reports that we file with the SEC. Our SEC filings are available free of charge at www.sec.gov. Because of the risks and uncertainties inherent in forward-looking statements, readers are cautioned not to place undue reliance on them, whether included in this news release or made elsewhere from time to time by 1895 Bancorp of Wisconsin, Inc. or on its behalf. 1895 Bancorp of Wisconsin, Inc. disclaims any obligation to update such forward-looking statements.
Contact: Richard B. Hurd
Telephone: (414) 235-5207
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SOURCE PyraMax Bank / 1895 Bancorp of Wisconsin Inc. | https://www.wibw.com/prnewswire/2022/08/09/1895-bancorp-wisconsin-inc-greenfield-wisconsin-announces-financial-results-quarter-six-months-ended-june-30-2022/ | 2022-08-09T21:59:14Z |
NEW YORK (AP) — Jon Batiste wears so many hats he may need a closet for them all — recording artist, bandleader, musical director, film composer, museum creative director and scion of New Orleans musical royalty. The multi-instrumentalistwon five Grammys on Sunday and despite being on TV all week, not many people may know fully.
HE’S GOT ‘SOUL’
Batiste composed music, consulted on and arranged songs for Pixar’s animated film “Soul,” a mid-life crisis movie mixed with a New York jazz fantasia and a body-swap comedy. He won a Golden Globe for the music alongside Trent Reznor and Atticus Ross of Nine Inch Nails; and the trio also earned the Academy Award for best original score. For their work on “Soul,” Batiste, Reznor and Ross won the Grammy on Sunday for best score soundtrack f or visual media.
AT THE PIANO NIGHTLY
Batiste has toured globally with his band Stay Human and made a memorable stop at Comedy Central’s “The Colbert Report” in 2014. When producers of “The Late Show With Stephen Colbert” were considering having a house band the following year, Batiste and Stay Human were a natural fit. The mutual respect Colbert and Batiste share is obvious. The bandleader often cheers the comedian’s nightly monologue from the piano, appears in segments and accompanies the musical guests. Batiste stuck with the gig even during the pandemic, coming up with tunes, both original and covers, on the spot.
MAKING SWEET MUSIC
Recording since he was a teenager, Batiste’s albums include “Hollywood Africans,” produced by T Bone Burnett, “Anatomy of Angels: Live at the Village Vanguard,” and “Meditations,” a collaboration with guitarist Cory Wong. His album “Social Music” spent over a month atop the Billboard and iTunes jazz charts, and he also put together the pandemic benefit album, “Relief: A Benefit for the Jazz Foundation of America’s Musicians Relief Fund.” His eighth album and the Grammy breakthrough was 2021’s “We Are,” a sonic blow-out blending R&B, jazz, hip-hop, marching bands and rock, sometimes in the same song. He earned nods in such various categories as R&B, jazz, American roots, classical, music video and album of the year. Batiste’s “American Symphony” is set to premiere at Carnegie Hall in May.
THE BIG EASY
Batiste was born into a long lineage of New Orleans musicians, which includes the Batiste Brothers Band and brass band legends Milton and “Uncle” Lionel Batiste. He played drums as a child before switching to piano at age 11. He is a graduate of New Orleans Center for Creative Arts and the prestigious The Juilliard School. The music and culture of New Orleans are highlighted in Batiste’s “Freedom” video, which features the band from St. Augustine High School, which Batiste attended, marching through the city’s streets. “Jon Batiste has been a tremendous ambassador for Louisiana, as an entertainer and as someone who truly cares about the people of our great state,” Louisiana Gov. John Bel Edwards said Monday.
SIDE HUSTLES
Batiste became the first musical director for The Atlantic magazine in 2017 and is co-creative director of the National Jazz Museum in Harlem. He has been featured in ad campaigns for Chase, Apple, Lincoln and numerous fashion brands including Ralph Lauren, Barney’s, Nordstrom and H&M. His song “Freedom” has been showcased across the NCAA Tournament and served as the face of New Orleans ahead of Saturday night’s Final Four at the Caesars Superdome. He also had a role in Spike Lee’s 2012 film “Red Hook Summer” and appeared as himself on the HBO television series “Treme.” Batiste is literally the poster boy for the upcoming New Orleans Jazz & Heritage Festival. | https://cw33.com/entertainment-news/ap-entertainment/meet-jon-batiste-new-grammy-winner-with-plenty-going-on/ | 2022-04-05T13:41:11Z |
Trump, Abbott and Cruz among scheduled speakers at NRA convention in Houston
HOUSTON (Gray News) - The National Rifle Association’s annual convention is scheduled this week in Houston, with some big names on the agenda as confirmed speakers.
The event is planned to take place at the George R. Brown Convention Center, just about a five-hour drive from where at least 21 people were killed in a mass shooting at an elementary school in Uvalde, Texas, on Tuesday.
According to the NRA, a few of the featured speakers at the convention include Texas Gov. Greg Abbott, Sen. Ted Cruz and former President Donald Trump. NRA Executive Vice President Wayne LaPierre and NRA-ILA Executive Director Jason Ouimet are also on the agenda as confirmed speakers.
NRA representatives said the annual leadership forum is one of the most politically significant and popular events in the country. Additionally, the NRA said the convention features the nation’s top Second Amendment leaders in government, media and the entertainment industry.
The NRA leadership forum has scheduled on-site registration beginning at 2 p.m. Thursday, with planned events running through Sunday at 5 p.m. at the George R. Brown Convention Center.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/25/trump-abbott-cruz-among-scheduled-speakers-nra-convention-houston/ | 2022-05-25T22:54:26Z |
BEIJING, July 26, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce company in China, today announced it received notification from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") that it has regained compliance with the minimum bid price requirement of US$1.00 per share under the Nasdaq Listing Rules (the "Listing Rules").
On July 25, 2022, Nasdaq provided confirmation to the Company that for at least 10 consecutive business days, from July 11 to July 22, 2022, the closing bid price of the Company's ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2) and this matter is now closed.
About Glory Star
Since its establishment in 2016, Glory Star has been laser focused on developing an ecosystem for its users that incorporates quality content, e-commerce, social networking, and gaming. The Company continues to integrate its cutting edge blockchain technologies, massive user base from its CHEERS ecosystem, quality content offerings, and its well-established e-commerce platform, and through the right application of 5G, AR, VR and NFT technologies to develop a metaverse boasting a wide range of "online + offline" and "virtual + reality" scenarios. Glory Star's CHEERS Video and e-Mall platforms provide a solid foundation for it to rapidly develop different entertainment and shopping applications for the metaverse. Glory Star also provides a suite of tools for its users to facilitate the development of new content by creators. The Company is remaining at the forefront of disrupting the way new media and e-commerce is operated. For more information, please visit http://ir.gsmg.co/.
Safe Harbor Statement
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the occurrence of any event, change or other circumstances that could affect the Company's ability to continue successful development and launch of its metaverse; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors; other factors, risks and uncertainties set forth in documents filed by the Company with the Securities and Exchange Commission (the "SEC") from time to time, including the Company's Annual Report on Form 20-F filed with the SEC on March 8, 2022. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.
Contacts
Glory Star New Media Group Holdings Limited
Yida Ye
Email: yeyida@gsmg.co
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SOURCE Glory Star New Media Group Holdings Limited | https://www.kxii.com/prnewswire/2022/07/26/glory-star-new-media-group-holdings-limited-regains-compliance-with-nasdaq-minimum-bid-price-requirement/ | 2022-07-26T21:23:03Z |
8 bricks of suspected cocaine found washed up on beach
Published: Aug. 15, 2022 at 10:58 AM EDT|Updated: 12 minutes ago
BILOXI, Miss. (WLOX/Gray News) – A simple beach cleanup in Mississippi led to a startling discovery this weekend.
Volunteers with SFS Keesler Air Force Base Chapter 652 found eight bricks of suspected cocaine on a beach in Biloxi near the White House Hotel, WLOX reported.
Biloxi police confirmed the bricks were found but are waiting for further testing to say for certain if the bricks contain cocaine.
Copyright 2022 WLOX via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/15/8-bricks-suspected-cocaine-found-washed-up-beach/ | 2022-08-15T15:12:31Z |
Distinguished Award Recipients to Be Honored During World Standards Week
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- The American National Standards Institute (ANSI) announced today the 21 recipients of its 2022 Leadership and Service Awards. The recipients are recognized for their significant contributions to national and international standardization activities, as well as an ongoing commitment to their industry, the nation, and the enhancement of the global voluntary consensus standards system. Awardees will be honored at the ANSI Leadership and Service Awards Ceremony held in conjunction with World Standards Week, on October 12, 2022, in Washington, DC.
ANSI congratulates the following distinguished recipients:
ASTIN-POLK INTERNATIONAL STANDARDS MEDAL
Gordon Gillerman, director, standards coordination office, National Institute of Standards and Technology (NIST), will receive the Astin-Polk International Standards Medal, which honors distinguished service in promoting trade and understanding among nations through the advancement, development, or administration of international standardization, measurements, or certification.
CHAIRMAN'S AWARD
Jennifer Stradtman, director, technical barriers to trade at the Office of the U.S. Trade Representative (USTR), will receive the Chairman's Award, which honors outstanding accomplishments performed by any group or individual on behalf of ANSI or the ANSI Federation.
EDWARD LOHSE INFORMATION TECHNOLOGY MEDAL
Paul Green, manager, corporate product regulations and standards, Intel Corporation, will receive the Edward Lohse Information Technology Medal, which recognizes outstanding efforts to foster cooperation among bodies involved in global IT standardization.
ELIHU THOMSON ELECTROTECHNOLOGY MEDAL
Kevin Lippert, senior advisor – international standards, UL Standards & Engagement, will receive the Elihu Thomson Electrotechnology Medal, which honors an individual who has contributed in an exceptional, dedicated way to the field of electrotechnology standardization, conformity assessment, and related activities at the national and international levels.
FINEGAN STANDARDS MEDAL
Angela McCaskill, RN, MSc. Global Health, ISO/TC 304 WG5 project lead, Healthcare Quality Management Systems Standard, will receive the Finegan Standards Medal, which honors individuals who have shown extraordinary leadership in the actual development and application of voluntary standards.
GEORGE S. WHAM LEADERSHIP MEDAL
Elisabeth George, medical device global regulations and standards consultant and strategist, will receive the George S. Wham Leadership Medal, which honors individuals who have made outstanding contributions to the voluntary standardization community and provided long-term direction and visionary qualities in support of the ANSI Federation.
HOWARD COONLEY MEDAL
R. David Pittle, Ph.D., former commissioner of the U.S. Consumer Product Safety Commission and former technical director and senior vice-president, Consumer Reports, will receive the Howard Coonley Medal, which recognizes an executive who has benefitted the national economy through voluntary standardization and conformity assessment and has given outstanding support to standardization as a management tool.
MAUREEN BREITENBERG CONFORMITY ASSESSMENT RESEARCH MEDAL
Stephanie Tanner, lead environmental engineer, WaterSense Program, U.S. Environmental Protection Agency (EPA), will receive the Maureen Breitenberg Conformity Assessment Research Medal, which honors work that advances the principles of the National Technology Transfer and Advancement Act (NTTAA) through outstanding contributions toward reducing redundancy and complexity in conformity assessment.
STEPHEN CRAWFORD WORKFORCE DEVELOPMENT AND INNOVATION MEDAL
William Schimmel, executive director and CEO, Pharmacy Technician Certification Board, was awarded the Stephen Crawford Workforce Development and Innovation Medal, which recognizes accredited credentialing bodies that significantly impact workforce development in the United States. The award is named for Stephen Crawford, a staunch advocate of workforce development and valued leader and contributor to ANSI, Workcred, and the greater workforce and credentialing communities, who passed away in 2022.
NEXT GENERATION AWARD
Several individuals will receive the Next Generation Award, presented to professionals who have been engaged in standardization or conformity assessment activities for less than eight years and who have, during this time, demonstrated vision, leadership, dedication, and significant contributions to their chosen field of activity.
Grace Roh, international standards specialist, UL Standards & Engagement
Chelsea Rubadou, engineer, National Fire Protection Association (NFPA)
Christopher Schmid, standards engineer, UL Standards & Engagement
Travis Thul, senior fellow and director of operations, Technological Leadership Institute at the University of Minnesota
MERITORIOUS SERVICE AWARD
The following individuals will receive the Meritorious Service Award in recognition of their outstanding contributions to the U.S. voluntary standardization system. Each has demonstrated outstanding service in enabling ANSI to attain the objectives for which it was founded.
Byron Horak, director of engineering, HVAC performance, Intertek
David Kaplan, Ph.D., biologist, U.S. Food and Drug Administration (retired)
Anish Karmarkar, Ph.D., senior director, standards strategy and architecture, Oracle
Stephen Kwan, Ph.D., professor emeritus, San Jose State University
James Lewis, president, J. Lewis Consulting Group, LLC
Vladimir Murashov, Ph.D., senior scientist, Office of the Director, National Institute for Occupational Safety and Health (NIOSH)
Amy Phelps, computer scientist, NIST
Karen Willis, industry director, lighting systems, National Electrical Manufacturers Association (NEMA)
ANSI congratulates these outstanding individuals on their contributions to and accomplishments in the standards and conformity assessment industry.
About ANSI
The American National Standards Institute (ANSI) is a private non-profit organization whose mission is to enhance both the global competitiveness U.S. business and the U.S. quality of life by promoting and facilitating voluntary consensus standards and conformity assessment systems, and safeguarding their integrity. Its membership is comprised of businesses, professional societies and trade associations, standards developers, government agencies, and consumer and labor organizations.
The Institute represents and serves the diverse interests of more than 270,000 companies and organizations and 30 million professionals worldwide. ANSI is the official U.S. representative to the International Organization for Standardization (ISO) and, via the U.S. National Committee, the International Electrotechnical Commission (IEC). For more information, visit www.ansi.org.
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Columbia Banking System Announces Second Quarter 2022 Results and Quarterly Cash Dividend
Published: Jul. 21, 2022 at 7:00 AM CDT|Updated: 51 minutes ago
Notable Items for Second Quarter 2022
Quarterly net income of $58.8 million and diluted earnings per share of $0.75, which included $0.04 per share reduction stemming from merger-related expenses
Record non-PPP loan production of $734.4 million
Totals loans increased 21% annualized to $11.32 billion
Net interest margin of 3.16%, an increase of 4 basis points from the linked quarter
Nonperforming assets to period-end assets ratio decreased to historic low of 0.08%
Regular cash dividend declared of $0.30 per share
TACOMA, Wash., July 21, 2022 /PRNewswire/ -- Clint Stein, President and Chief Executive Officer of Columbia Banking System, Inc. ("Columbia", "we" or "us") and Columbia Bank (the "Bank") (NASDAQ: COLB), said today upon the release of Columbia's second quarter 2022 earnings, "Our bankers' continued hard work is reflected in our results for the quarter with exceptional production driving annualized loan growth of over 20 percent, strong fee income and outstanding credit metrics." He continued, "Our investments in new and existing markets continue to pay dividends with respect to expanding our production capabilities."
Balance Sheet
Total assets at June 30, 2022 were $20.56 billion, a decrease of $399.6 million from the linked quarter. Loans were $11.32 billion, up $562.7 million from March 31, 2022, mainly attributable to loan originations of $734.4 million partially offset by loan payments. Total Paycheck Protection Program ("PPP") loans decreased from $83.2 million at March 31, 2022 to $32.4 million at June 30, 2022. Debt securities in total were $7.27 billion, a decrease of $458.0 million from $7.73 billion at March 31, 2022 substantially driven by fair value movement related to the available-for-sale portfolio. Total deposits at June 30, 2022 were $17.96 billion, a decrease of $342.3 million from March 31, 2022. The deposit mix remained fairly consistent from March 31, 2022 with 49% noninterest-bearing and 51% interest-bearing.
Chris Merrywell, Columbia's Executive Vice President and Chief Operating Officer, stated, "Our teams have been outwardly focused on building and expanding relationships with existing and new clients, generating new loan balances and related income." He continued, "We are excited about the future with our recent expansion into the Salt Lake City market, which complements investments in other teams across our overall footprint in the past year."
Income Statement
Net Interest Income
Net interest income for the second quarter of 2022 was $147.5 million, an increase of $1.3 million from the linked quarter and an increase of $22.0 million from the prior-year period. The increase from the linked quarter was primarily due to higher loan interest income as a result of higher average balances partially offset by lower interest income from securities substantially driven by lower averages balances. The increase in net interest income from the prior-year period was mainly due to an increase in interest income from loans and securities, which was a result of higher average balances, partially related to the Bank of Commerce Holdings acquisition. For additional information regarding net interest income, see the "Net Interest Margin" section and the "Average Balances and Rates" tables.
Provision for Credit Losses
Columbia recorded a $2.1 million provision for credit losses for the second quarter of 2022 compared to a $7.8 million recapture for the linked quarter and a provision recapture of $5.5 million for the comparable quarter in 2021. The provision for credit losses was mainly a result of loan growth partially offset by improved credit quality during the quarter.
Andy McDonald, Columbia's Executive Vice President and Chief Credit Officer, stated, "Growth in the loan portfolio was partly offset by improving credit metrics, resulting in a modest provision during the quarter. Our loan portfolio is well-diversified and we remain vigilant for any signs of economic turmoil from inflation, the Federal Reserve's efforts to combat inflation or a resurgence of COVID-19."
Noninterest Income
Noninterest income was $25.0 million for the second quarter of 2022, an increase of $826 thousand from the linked quarter and an increase of $2.3 million from the second quarter of 2021. The increase compared to the linked quarter was primarily due to higher deposit account and treasury management fees and loan revenue partially offset by lower financial services and trust revenue and other noninterest income. The increase in noninterest income during the second quarter of 2022 compared to the same quarter in 2021 was mainly due to increases associated with deposit account and treasury management fees and other noninterest income offset by lower mortgage banking revenue due to lower overall mortgage production and decreased premium on loan sales attributed to the higher rate environment.
Noninterest Expense
Total noninterest expense for the second quarter of 2022 was $95.4 million, a decrease of $9.7 million compared to the first quarter of 2022. Total merger-related expenses for the quarter were $3.9 million, which compares to the linked quarter of $7.1 million. Taking this into account, the largest contributor to the decrease in noninterest expense was related to compensation and employee benefits. This can be mainly attributed to lower 401(k) and payroll tax expenses, which are typically elevated in the first quarter. In addition, there were increased capitalized loan labor costs related to the high amounts of loan production during the quarter. The decrease was also attributable to lower occupancy, data processing and software expense and other noninterest expense. Compared to the second quarter of 2021, noninterest expense increased $11.3 million, mostly from an increase in compensation and employee benefits. This increase was primarily due to our acquisition of Bank of Commerce Holdings in the fourth quarter of 2021 and the prior-year period having substantial labor costs capitalized related to PPP loan originations. Increased merger-related expenses from legal and professional fees along with data processing and software also contributed to the increase from the prior-year period.
The provision for credit losses on unfunded loan commitments, a component of other noninterest expense, for the periods indicated are as follows:
Net Interest Margin
Columbia's net interest margin (tax equivalent) for the second quarter of 2022 was 3.16%, an increase of 4 basis points from the linked quarter and flat from the prior-year period. The increase in the net interest margin (tax equivalent) compared to the linked quarter was primarily due to a stronger earning assets mix with a smaller ratio of assets in low-yield interest earning deposits with banks and a larger ratio of assets in higher-yield loans. The average cost of total deposits for the quarter was 5 basis points compared to 4 basis points for the linked quarter. For additional information regarding net interest margin, see the "Average Balances and Rates" tables.
Columbia's operating net interest margin (tax equivalent)1 was 3.23% for the second quarter of 2022, an increase of 8 basis points from the linked quarter and from the prior-year period. The increase in the operating net interest margin for the second quarter of 2022 compared to the linked quarter and the prior-year period were both due to a stronger earning assets mix.
Aaron James Deer, Columbia's Executive Vice President and Chief Financial Officer, said, "The higher interest rate environment is beginning to have a favorable yield impact on new loan production and repricing loans, which should support further margin expansion."
Asset Quality
At June 30, 2022, nonperforming assets to total assets decreased to 0.08% compared to 0.09% at March 31, 2022. Total nonperforming assets decreased $791 thousand from the linked quarter, primarily due to decreases in agriculture and commercial business nonaccrual loans, partially offset by an increase in commercial real estate nonaccrual loans.
The following table sets forth information regarding nonaccrual loans and total nonperforming assets:
Nonperforming assets to total loans were 0.15% and 0.16% at June 30, 2022 and March 31, 2022, respectively.
The following table provides an analysis of the Company's allowance for credit losses:
The allowance for credit losses to period-end loans was 1.32% at June 30, 2022 compared to 1.37% at March 31, 2022. Excluding PPP loans, the allowance for credit losses to period-end loans2 was 1.33% at June 30, 2022 compared to 1.38% at March 31, 2022.
Organizational Update
Umpqua Merger
Integration planning related to the combination with Umpqua Holdings Corporation, which shareholders of both companies overwhelmingly approved in January, continues to move forward despite the protracted regulatory approval process currently overshadowing merger and acquisition activity in the banking industry. "I'm proud of the way that teams from both companies have coordinated to modify integration plans in anticipation of a shorter timeframe between close and core systems conversion," said Clint Stein. "Associates from both companies have joined forces to ensure a seamless transition for all clients, once regulatory approval is complete."
Cash Dividend Announcement
Columbia will pay a regular cash dividend of $0.30 per common share on August 17, 2022 to shareholders of record as of the close of business on August 3, 2022.
Conference Call Information
Columbia's management will discuss the second quarter 2022 financial results on a conference call scheduled for Thursday, July 21, 2022 at 11:00 a.m. Pacific Time (2:00 p.m. ET). Interested parties may register for the call to receive dial-in details and their own unique PIN using the following link: https://register.vevent.com/register/BId4755d428d1f41f8a6b7c343d6b2b4d0
Headquartered in Tacoma, Washington, Columbia Banking System, Inc. (NASDAQ: COLB) is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank with locations throughout Washington, Oregon, Idaho and California. The bank has been named one of Puget Sound Business Journal's "Washington's Best Workplaces," more than 10 times. Columbia was named on the Forbes 2022 list of "America's Best Banks" marking 11 consecutive years on the publication's list of top financial institutions.
More information about Columbia can be found on its website at www.columbiabank.com.
Note Regarding Forward-Looking Statements
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, descriptions of Columbia's management's expectations regarding future events and developments such as future operating results, growth in loans and deposits, continued success of Columbia's style of banking and the strength of the local economy as well as the potential effects of the COVID-19 pandemic on Columbia's business, operations, financial performance and prospects. The words "will," "believe," "expect," "intend," "should," and "anticipate" or the negative of these words or words of similar construction are intended in part to help identify forward-looking statements. Future events are difficult to predict, and the expectations described above are necessarily subject to risks and uncertainties, many of which are outside our control, that may cause actual results to differ materially and adversely. In addition to discussions about risks and uncertainties set forth from time to time in Columbia's filings with the Securities and Exchange Commission (the "SEC"), available at the SEC's website at www.sec.gov and the Company's website at www.columbiabank.com, including the "Risk Factors," "Business" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of our annual reports on Form 10-K and quarterly reports on Form 10-Q (as applicable), factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, among others, the following:
national and global economic conditions could be less favorable than expected or could have a more direct and pronounced effect on us than expected and adversely affect our ability to continue internal growth and maintain the quality of our earning assets;
the markets where we operate and make loans could face challenges;
the risks presented by the economy, which could adversely affect credit quality, collateral values, including real estate collateral, investment values, liquidity and loan originations and loan portfolio delinquency rates;
continued increases in inflation, and the risk that information may differ, possibly materially, from expectations, and actions taken by the Board of Governors of the Federal Reserve System in response to inflation and their potential impact on economic conditions including the possibility of a recession;
risks related to the proposed merger with Umpqua including, among others, (i) failure to complete the merger with Umpqua or unexpected delays related to the merger or either party's inability to obtain regulatory or shareholder approvals or satisfy other closing conditions required to complete the merger, (ii) regulatory approvals resulting in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction, (iii) certain restrictions during the pendency of the proposed transaction with Umpqua that may impact the parties' ability to pursue certain business opportunities or strategic transactions, (iv) diversion of management's attention from ongoing business operations and opportunities, (v) cost savings and any revenue synergies from the merger may not be fully realized or may take longer than anticipated to be realized, (vi) the integration of each party's management, personnel and operations will not be successfully achieved or may be materially delayed or will be more costly or difficult than expected, (vii) deposit attrition, customer or employee loss and/or revenue loss as a result of the announcement of the proposed merger, (viii) expenses related to the proposed merger being greater than expected, and (ix) shareholder litigation that may prevent or delay the closing of the proposed merger or otherwise negatively impact the Company's business and operations;
the efficiencies and enhanced financial and operating performance we expect to realize from investments in personnel, acquisitions and infrastructure may not be realized;
the ability to successfully integrate future acquired entities;
interest rate changes could significantly reduce net interest income and negatively affect asset yields and funding sources;
the effect of the discontinuation or replacement of LIBOR;
results of operations following strategic expansion, including the impact of acquired loans on our earnings, could differ from expectations;
changes in the scope and cost of FDIC insurance and other coverages;
changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies could materially affect our financial statements and how we report those results, and expectations and preliminary analysis relating to how such changes will affect our financial results could prove incorrect;
changes in laws and regulations affecting our businesses, including changes in the enforcement and interpretation of such laws and regulations by applicable governmental and regulatory agencies;
increased competition among financial institutions and nontraditional providers of financial services;
continued consolidation in the financial services industry resulting in the creation of larger financial institutions that have greater resources could change the competitive landscape;
the goodwill we have recorded in connection with acquisitions could become impaired, which may have an adverse impact on our earnings and capital;
our ability to identify and address cyber-security risks, including security breaches, "denial of service attacks," "hacking" and identity theft;
any material failure or interruption of our information and communications systems;
inability to keep pace with technological changes;
our ability to effectively manage credit risk, interest rate risk, market risk, operational risk, legal risk, liquidity risk and regulatory and compliance risk;
failure to maintain effective internal control over financial reporting or disclosure controls and procedures;
the effect of geopolitical instability, including wars, conflicts and terrorist attacks, including the impacts of Russia's invasion of Ukraine;
our profitability measures could be adversely affected if we are unable to effectively manage our capital;
the risks from climate change and its potential to disrupt our business and adversely impact the operations and creditworthiness of our customers;
natural disasters, including earthquakes, tsunamis, flooding, fires and other unexpected events;
the effect of COVID-19 and other infectious illness outbreaks that may arise in the future, which has created significant impacts and uncertainties in U.S. and global markets;
changes in governmental policy and regulation, including measures taken in response to economic, business, political and social conditions, including with regard to COVID-19; and
the effects of any damage to our reputation resulting from developments related to any of the items identified above.
Additional factors that could cause results to differ materially from those described above can be found in Columbia's Annual Report on Form 10-K for the year ended December 31, 2021, which is on file with the SEC and available on Columbia's website, www.columbiabank.com, under the heading "Financial Information" and in other documents Columbia files with the SEC, and in Umpqua's Annual Report on Form 10-K for the year ended December 31, 2021, which is on file with the SEC and available on Umpqua's investor relations website, www.umpquabank.com, under the heading "Financials," and in other documents Umpqua files with the SEC.
We believe the expectations reflected in our forward-looking statements are reasonable, based on information available to us on the date hereof. However, given the described uncertainties and risks, we cannot guarantee our future performance or results of operations and you should not place undue reliance on these forward-looking statements which speak only as of the date hereof. Neither Columbia nor Umpqua assumes any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws.
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Non-GAAP Financial Measures
The Company considers its operating net interest margin (tax equivalent) and operating efficiency ratios to be useful measurements as they more closely reflect the ongoing operating performance of the Company. Despite the usefulness of the operating net interest margin (tax equivalent) and operating efficiency ratio to the Company, there are no standardized definitions for these metrics. As a result, the Company's calculations may not be comparable with those of other organizations. The Company encourages readers to consider its consolidated financial statements in their entirety and not to rely on any single financial measure.
The following tables reconcile the Company's calculation of the operating net interest margin (tax equivalent) and operating efficiency ratio:
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Non-GAAP Financial Measures - Continued
The Company also considers its core noninterest expense ratio to be a useful measurement as it more closely reflects the ongoing operating performance of the Company. Despite the usefulness of the core noninterest expense ratio to the Company, there is not a standardized definition for it, as a result, the Company's calculations may not be comparable with those of other organizations. The Company encourages readers to consider its consolidated financial statements in their entirety and not to rely on any single financial measure.
The following table reconciles the Company's calculation of the core noninterest expense ratio:
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The Company considers its pre-tax, pre-provision income to be a useful measurement in evaluating the earnings of the Company as it provides a method to assess income. Despite the usefulness of this measure to the Company, there is not a standardized definition for it. As a result, the Company's calculation may not always be comparable with those of other organizations. The Company encourages readers to consider its consolidated financial statements in their entirety and not to rely on any single financial measure.
The following table reconciles the Company's calculation of the pre-tax, pre-provision income:
Non-GAAP Financial Measures - Continued
The Company considers its tangible common equity ratio and tangible book value per share ratio to be useful measurements in evaluating the capital adequacy of the Company as they provide a method to assess management's success in utilizing our tangible capital. Despite the usefulness of these ratios to the Company, there is not a standardized definition for these metrics. As a result, the Company's calculation may not always be comparable with those of other organizations. The Company encourages readers to consider its consolidated financial statements in their entirety and not to rely on any single financial measure.
The following table reconciles the Company's calculation of the tangible common equity ratio and tangible book value per share ratio:
The Company considers its ratio of allowance for credit losses to period-end loans, excluding PPP loans, to be a useful measurement in evaluating the adequacy of the amount of allowance for credit losses to loans of the Company, as PPP loans are guaranteed by the U.S. Small Business Administration and thus do not require the same amount of reserve for credit losses as do other loans. Despite the usefulness of this ratio to the Company, there is not a standardized definition for it. As a result, the Company's calculation may not always be comparable with those of other organizations. The Company encourages readers to consider its consolidated financial statements in their entirety and not to rely on any single financial measure.
The following table reconciles the Company's calculation of the allowance for credit losses to period-end loans, excluding PPP loans:
Non-GAAP Financial Measures - Continued
The Company also considers its return on average tangible common equity ratio to be a useful measurement as it evaluates the Company's ongoing ability to generate returns for its common shareholders. By removing the impact of intangible assets and their related amortization and tax effects, the performance of the business can be evaluated, whether acquired or developed internally. Despite the usefulness of this ratio to the Company, there is not a standardized definition for it. As a result, the Company's calculation may not always be comparable with those of other organizations. The Company encourages readers to consider its consolidated financial statements in their entirety and not to rely on any single financial measure.
The following table reconciles the Company's calculation of the return on average tangible common shareholders' equity ratio:
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.kxii.com/prnewswire/2022/07/21/columbia-banking-system-announces-second-quarter-2022-results-quarterly-cash-dividend/ | 2022-07-21T12:51:57Z |
LEADING OFF: Detmers tries to match Vander Meer, 3 twinbills
By The Associated Press
Reid Detmers has a chance to match Johnny Vander Meer’s feat of consecutive no-hitters when he starts for the Los Angeles Angels at the Texas Rangers. The 22-year-old left-hander pitched his gem in a 12-0 win over the Tampa Bay Rays on May 10 in just his 11th big league start. Detmers struck out two, walked one and threw a career-high 108 pitches. Vander Meer is the only pitcher to throw no-hitters in consecutive major league starts, for Cincinnati against the Boston Bees on June 11, 1938, and against the Brooklyn Dodgers four days later in the first night game at Ebbets Field. | https://localnews8.com/sports/ap-national-sports/2022/05/16/leading-off-detmers-tries-to-match-vander-meer-3-twinbills/ | 2022-05-17T01:52:19Z |
– Abstract on Rett syndrome treatment through X-reactivation receives Excellence in Research Award –
– Updated preclinical safety and efficacy data will be presented for ACTX-401, a gene replacement therapy currently in a Phase 1/2 study for the treatment of IGHMBP2-related disorders –
LOWELL, Mass., May 2, 2022 /PRNewswire/ -- Alcyone Therapeutics Inc. ("Alcyone"), a biotechnology company pioneering next-generation precision gene-based therapies for complex neurological conditions, today announced the acceptance of four abstracts at the 25th American Society of Gene and Cell Therapy (ASGCT) Annual Meeting, an event being held May 16-19, 2022, at the Walter E. Washington Convention Center in Washington, D.C. and virtually.
Accepted abstracts include preclinical data from its X-reactivation gene therapy platform, an approach to correct X-linked dominant genetic disorders by reactivating the silenced X chromosome; preclinical safety and efficacy data from its gene replacement platform, which utilizes viral vectors to deliver a functional gene to compensate for a cell's missing or mutated gene; and improved efficiency of AAV gene therapy manufacturing through its platform upstream process, which is scalable and easily transferrable between multiple systems.
"The oral presentations will highlight the potential of Alcyone's discrete gene therapy platforms, X-reactivation for treatment of Rett syndrome and gene replacement for IGHMBP2-related disorders, spinal muscular atrophy with respiratory distress type 1 and Charcot Marie Tooth disease type 2S, which we are advancing in partnership with the Center for Gene Therapy at the Abigail Wexner Research Institute at Nationwide Children's Hospital," said PJ Anand, Chief Executive Officer of Alcyone Therapeutics. "We also will have a poster presentation demonstrating the scalability and multi-system transferability of our AAV production process, which is a critical piece in our gene therapy platform development."
Anand continued, "Alcyone's multidisciplinary approach to addressing complex neurological conditions is comprised of our partnered novel gene-based therapeutic platform combined with our proprietary CNS precision drug delivery and dosing technology platform, FalconTM, and leverages a scalable CMC process optimized to produce high-quality clinical material. Our three-pronged approach is designed to better address the current challenges of treating people living with severe neurological disorders."
The presentations are listed below, and the full preliminary program is available online on the ASGCT website.
Oral Presentation: A Novel Gene Therapy for Rett Syndrome through Reactivation of the Silent X Chromosome
Oral Presentation Details:
Presenting Author: Kathrin Meyer, Ph.D., Principal Investigator, Nationwide Children's Hospital and Chief Scientific Advisor, Alcyone
Session Title: Novel Therapeutic Targets to Treat CNS Disorders
Session Date/Time: Wednesday, May 18, 3:45 – 5:30 p.m. ET
Presentation Time: 4:45 – 5:00 p.m. ET
Room: Room 202
Abstract #: 837
Samantha Powers, Ph.D., from the Center for Gene Therapy at Nationwide Children's Hospital, received the Excellence in Research Award in recognition for presenting one of the top 18 abstracts submitted for the ASGCT 25th Annual Meeting by a postdoctoral fellow or student.
Oral Presentation: Multicenter AAV Gene Therapy Studies for SMARD1/CMT2S Establish Safety and Efficacy in Multiple Animal Models and Pave the Way for Initiation of a Phase I/II Clinical Trial
Oral Presentation Details:
Presenting Author: Kathrin Meyer, Ph.D., Principal Investigator, Nationwide Children's Hospital and Chief Scientific Advisor, Alcyone
Session Title: Musculo-skeletal Diseases
Session Date/Time: Monday, May 16, 10:15 a.m. – 12:00 p.m. ET
Presentation Time: 11:15 – 11:30 a.m. ET
Room: Salon G
Abstract #: 33
Poster Presentation: Development of an Upstream Process and Analytics for AAV Manufacturing
Poster Presentation Details:
Presenting Author: Desyree Jesus, Ph.D., Associate Director, CMC Analytics, Alcyone
Session Title: Vector Product Engineering, Development or Manufacturing III
Session date/time: Wednesday, May 18, 5:30 – 6:30 p.m. ET
Room: Hall D
Poster Board #: W-286
Abstract #: 1160
Poster Presentation: Evaluation of AAV9 Gene Therapy for SMARD1/CMT2S in Different Mouse Models Reveal Differences in Efficacy Dependent on Promoter Choice
Poster Presentation Details:
Presenting Author: J. Andrea Sierra Delgado, M.D., M.Sc., Chief Research Associate in Dr. Kathrin Meyer's Lab, Nationwide Children's Hospital
Session Title: Musculo-skeletal Diseases
Session Date/Time: Wednesday, May 18, 5:30 – 6:30 p.m. ET
Room: Hall D
Poster Board #: W-198
Abstract #: 1072
About Alcyone Therapeutics
Alcyone Therapeutics is a biotechnology company pioneering next-generation precision gene-based therapies for complex neurological conditions. The Company integrates innovation in neuroscience, precision dosing platforms, and manufacturing capabilities to deliver transformative therapies to patients. Alcyone leverages the synergy between FalconTM, the Company's proprietary intrathecal precision dosing and biodistribution platform that incorporates deep knowledge of cerebral spinal fluid (CSF) dynamics, computational modeling, and bioengineering, and four novel gene-based therapeutics platforms developed at the Abigail Wexner Research Institute at Nationwide Children's Hospital (AWRI). This comprehensive approach allows for the optimization of central nervous system (CNS) dosing and delivery to better target the pathophysiology and anatomy specific to various neurological diseases. Alcyone's lead programs utilize X-chromosome reactivation for X-linked disorders and targets the treatment of Rett syndrome, and gene replacement for the treatment of IGHMPB-2 related disorders including spinal muscular atrophy with respiratory distress type 1 (SMARD1) and Charcot Marie Tooth disease type 2S (CMT2S). For more information, visit www.alcyonetx.com.
About Alcyone's Strategic Collaboration with the Abigail Wexner Research Institute at Nationwide Children's Hospital
Alcyone works closely with scientists from the Center for Gene Therapy at the Abigail Wexner Research Institute at Nationwide Children's Hospital (AWRI) in Columbus, Ohio, where four discrete gene therapy platform technologies, each with novel and differentiated mechanisms of action, including X-reactivation, conventional transgene replacement, vectorized exon skipping, and promoter modulation were designed, developed, and are being advanced towards the clinic. Alcyone has optioned the four programs and is funding research to explore the potential for the clinical application of these therapeutics using FalconTM, its proprietary CNS precision drug delivery and dosing technology platform, to improve the lives of people impacted by severe neurological conditions. The research is led by Kathrin Meyer, Ph.D., and Nicolas Wein, Ph.D., Principal Investigators in the Center for Gene Therapy at AWRI. Both Dr. Meyer and Dr. Wein sit on Alcyone's Scientific Advisory Board (SAB), with Dr. Meyer serving as Chief Scientific Advisor and Chair of Alcyone's SAB.
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SOURCE Alcyone Therapeutics | https://www.kxii.com/prnewswire/2022/05/02/alcyone-announces-two-oral-presentations-its-gene-therapy-platforms-25th-american-society-gene-cell-therapy-asgct-annual-meeting/ | 2022-05-03T01:18:33Z |
OAK BROOK, Ill., Aug. 2, 2022 /PRNewswire/ -- Evergreen Bank (EvergreenBankGroup.com) is expanding its lending platform across the Midwest by partnering with technology-driven Tillable, Inc. Tillable (Tillable.com) is a market leader in providing real estate, operations and financing support to the farming communities it serves. With this partnership, Tillable has expanded its online application, enabling anyone to apply for a farm loan directly from a smartphone.
The new partnership will initially cover farm loans in Illinois, Minnesota, Wisconsin, Nebraska, Michigan, Missouri, and Arkansas, with future states to follow. "We are very excited to partner with Tillable as we expand our national lending footprint with quality borrowers in the farm lending space," said Darin Campbell, President & CEO of Evergreen Bank Group. "Tillable fits perfectly with our strategic focus as we partner with premier financial technology companies to deliver best-in-class omnichannel mobile and online banking solutions."
Farmers, landowners, and investors can visit Tillable to shop for a farmland mortgage, refinance their current loans, take out an operating loan, or finance their cash rent. The all-digital lending application takes less than ten minutes to complete and requires no paperwork. Qualified borrowers will learn if they are approved for the loan of their choice within seconds. "Our financing application is digital with a human touch," said Corbett Kull, founder, and CEO of Illinois-based Tillable. "Anyone can apply online or by mobile phone 24/7, complete an application in minutes, and choose from competitive rates. We have grown the Tillable platform to be the go-to destination for folks looking to research, buy, sell, or rent farmland. With our latest loan expansion, we are becoming a one-stop-shop for growers and non-operating landowners."
Evergreen Bank Group (the "Bank") is an Illinois-chartered community bank wholly owned by Bancorp Financial, Inc., a Delaware corporation (the "Company"). The Bank was formed in 1999 and became a subsidiary of the Company as a result of a merger transaction during 2007. The Bank is headquartered in Oak Brook, Illinois - Technology-driven bank, lending in all 50 states and Puerto Rico and committed to delivering world-class experiences nationally by making borrowing and saving simple and easy. Evergreen also offers banking services through its lending divisions, FreedomRoad Financial and Performance Finance - two of the most recognizable names in the national motorcycle and powersport lending space.
Established in 2017, Tillable is deeply committed to protecting farmland while helping landowners and farmers thrive. Tillable's mission is to make owning and renting America's farmland simple and sustainable for generations to come. With well over 2,000,000 acres claimed on Tillable, Tillable uses public data to predict market trends, value farmland, and make the best decisions towards caring for America's farmland.
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SOURCE Evergreen Bank Group | https://www.wibw.com/prnewswire/2022/08/02/evergreen-bank-group-tillable-inc-partner-expand-digital-farm-loans-across-midwest/ | 2022-08-02T15:26:26Z |
NEW YORK, June 24, 2022 /PRNewswire/ -- On May 12, 2022, a press release with the title "Revere Securities LLC Announces Acquisition of NorthStar Investment Banking" was released to PRNewswire. That press release was incorrect. Revere Securities LLC has not acquired any firm. This press release retracts the incorrect press release of May 12, 2022.
"North Star Investment Bank remains an independent firm," said Scott Fullman, Chief Compliance Officer. "We apologize for any confusion that the previous press release has caused.
About Revere Securities LLC
Revere Securities is a global broker-dealer firm providing strategic and financial support to institutional investors, hedge funds, and individual investors. The firm's professionals are involved in all components of the sales and trading process and include extensive compliance and operational personnel. In addition, Revere Securities LLC provides differentiated corporate access, helping institutional clients gain access to management as a component of their investment process. The firm has industry focused sales specialists who possess "buy-side" experience; therefore, providing a sound, alternate perspective, to the investment process.
Media Contact:
Jay Yu
Revere Securities LLC
(212) 688-2350
jyu@reveresecurities.com
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SOURCE Revere Securities LLC | https://www.wibw.com/prnewswire/2022/06/25/revere-securities-llc-retracts-previous-announcement/ | 2022-06-25T03:38:10Z |
Urruti scores twice, powers Austin to 3-0 win over Vancouver
AUSTIN, Texas (AP) — Maximiliano Urruti scored two first-half goals, Sebastian Driussi added his league-leading sixth after halftime and Austin FC cruised to a 3-0 victory over the Vancouver Whitecaps in MLS play. Urruti scored goals in the 11th and 26th minute, doubling his total for the season, to help Austin (5-1-2) grab the top spot in the Western Conference standings. Druissi capped the scoring with a goal in the 68th minute for Austin, which has won three straight and improved to 4-0-1 at home. | https://localnews8.com/sports/ap-national-sports/2022/04/23/urruti-scores-twice-powers-austin-to-3-0-win-over-vancouver/ | 2022-04-24T04:49:36Z |
New partnership delivers "correspondent-banking-in-a-box", providing new revenue streams, improved compliance for smaller firms including overseas banks in the UK, challengers, and fintechs
TEL AVIV, Israel, Aug. 9, 2022 /PRNewswire/ -- TenureX, the Israeli start-up that is fixing the broken correspondent banking industry, today announces a new partnership with a boutique UK consultancy Martin Fiddaman Associates to tackle gaps within the UK and European market that prevent smaller firms such as overseas banks in the UK, challengers and fintechs from successfully engaging with correspondent banking services.
The new partnership marks another play for TenureX, adding a dedicated specialist within the UK market focused on solving the pains of these firms which are often ignored, misunderstood, or poorly covered well by some of the larger domestic banks and counterparties.
Focused on the UK and EU markets, TenureX and Martin Fiddaman will continue their mutual vision of first-hand expertise and hand-on approach, working together to fix the structural problems within the correspondent banking services.
TenureX was founded in 2020 by banking industry veterans who realised that correspondent banking was broken. The continued reliance on legacy technology has resulted in poorly executed cross-border payments, with parties in the payment chain - and even within the same organisation - unable to access the data they need to make intelligent, strategic and compliant decisions.
To fix these structural problems, TenureX developed a new platform to revolutionise the moribund correspondent banking industry by providing "correspondent banking in a box". This cloud-based digital platform provides a set of innovative solutions that enable customers to embed their risk-based approach and compliance rules into each single payment instruction, as well as digital workflows. TenureX helps customers slash the costs of cross-border transactions, eliminate cost and complexity for compliance teams, and open up a world of new revenue opportunities.
"Technology is crucial to reviving the correspondent banking industry by bringing full data visibility and a unified pre-agreed set of compliance rules to every party, but it also needs the hands-on know-how of a dedicated specialist," said Or Kapelinsky, TenureX Co-Founder & COO. "Partnering with market experts such as Martin adds a crucial extra layer of expertise and customer service that will bring the capability of the TenureX platform to the maximum value for its customers."
"When we met Martin, we realized that we share exactly the same vision: to sweep away the legacy technology that has held back correspondent banking industry for so long, and make it easy for banks and financial institutions to grow their network of correspondent banks without having to worry about the threat of de-risking."
Martin Fiddaman said, "The current correspondent banking model is fundamentally broken and is biased towards the larger players. TenureX has a unique proposition to help restore some balance."
"This is a great opportunity for TenureX and Martin Fiddaman Associates to work together for the benefit of our mutual clients. We are looking forward to a successful collaboration".
About TenureX
TenureX was founded in 2020 by four banking experts with a wide variety of industry experience.
They know first-hand the frustrations and missed opportunities faced by non-bank financial institutions as they struggle to work together, and are passionate about making things simpler for everyone in correspondent banking.
The TenureX vision is to democratize correspondent banking by moving away from subjective, rigid, bilateral, relationship banking. Instead the company is building objective, streamlined, multilateral, transaction-based relationships.
About Martin Fiddaman Associates
Martin Fiddaman Associates is a new specialist management consultancy for Financial Institutions.
It was created to champion the smaller firms in the UK marketplace, such as the overseas Banks in London, UK Challengers and Fintechs. He saw the opportunity to create a dedicated FI consultancy to champion smaller firms like the overseas Banks in the UK, Challengers and Fintechs. He has first-hand experience of how many of these firms are often ignored, or misunderstood, or simply not covered well by some of the larger consultancies.
Martin Fiddaman is a senior banker and business executive with over 30 years of experience in commercial, investment and transaction banking in the City of London working with local, regional, and international financial institutions of all sizes.
https://www.martinfiddamanassociates.com/
For further information:
Izhar Arieli - CEO and Co-founder
Phone
+ 972 (0) - 73 – 326-0303 (ISR)
+1- 605 – 836-8739 (USA)
Email: izhar@tenurex.com
Logo - https://mma.prnewswire.com/media/1838172/TenureX_Logo.jpg
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SOURCE TenureX | https://www.mysuncoast.com/prnewswire/2022/08/09/tenurex-partners-with-uk-banking-veteran-martin-fiddaman-tackle-gaps-uks-correspondent-banking-industry/ | 2022-08-09T13:49:14Z |
High 5 Plumbing explains the benefits of having a career in the home service industry
DENVER, July 28, 2022 /PRNewswire/ -- High 5 Plumbing, a family-owned and operated plumbing company serving residents in the greater Denver metropolitan area, is dedicated to helping the home service industry thrive. With a shortage of skilled plumbing technicians, the company is encouraging new high school graduates or anyone looking for a new career to consider choosing a life in the trades.
"Right now, we are an industry that is high in demand but limited on the number of plumbers available to work," said Levi Torres, co-owner of High 5 Plumbing. "Far too often, there is a negative stigma associated with working in the trades that isn't true. Working in the trades is fulfilling because you are helping people day in and day out. You get to make a good living without going into debt. There are countless benefits to choosing a life in the trades."
When compared to the average salary of an upstart graduate fresh out of a four-year university, trade jobs pay more. Torres explains that new trade school graduates can earn well above $50,000 yearly with those wages nearing six figures after earning certifications and additional training.
In addition, high school graduates who attend a trade school are less likely to incur high levels of debt. According to Forbes, the average cost to attend a four-year university in 2021-22 was approximately $10,740. Those attending a trade school paid as little as $5,000.
Torres said given the national landscape, taking advantage of lower school tuition and higher salaries gives those looking for a career the chance to enter a field that is starving for technicians.
"On a nationwide scale, there is a high demand for skilled laborers in the home service industry," Torres said. "Companies are looking to hire individuals that can perform the work at a high level. With the jobs available, technicians have plenty of companies to choose from. It's important for us to spread the word that the trades are a viable option for those looking for a career.
"Going to a four-year college isn't the right fit for everyone. There are some that prefer a more hands-on approach right out of high school. For me, I started in the plumbing industry at the age of 16 and never looked back. Learning a trade is an excellent opportunity to enter a career that is meaningful while also earning a great living."
For more information on High 5 Plumbing, visit https://www.high5plumbing.com/.
About High 5 Plumbing
Founded in 2012, High 5 Plumbing is a local, family-owned company serving residents in the greater Denver metropolitan area. With a professional team that has extensive experience and a commitment to service, High 5 Plumbing offers comprehensive plumbing, sewer and drain services. The company was built on the values of solving plumbing problems and serving every customer with professionalism and respect. For more information about High 5 Plumbing, visit https://www.high5plumbing.com/.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE High 5 Plumbing | https://www.kxii.com/prnewswire/2022/07/28/good-life-denver-plumber-discusses-working-trades/ | 2022-07-28T13:01:47Z |
Patricia Obo-Nai, Vodafone Ghana; Jayshree V. Ullal, Arista Networks; and Wendell P. Weeks, Corning Incorporated to headline the industry's premier event for optical communications, telecom and data center optics
SAN DIEGO, Sept. 14, 2022 /PRNewswire/ -- The 2023 Optical Fiber Communication Conference and Exhibition (OFC) will be held 05-09 March 2023 at the San Diego Convention Center in San Diego, California, USA. OFC is the premier conference and exhibition for optical communications and networking professionals. This year's conference will be a hybrid format with in-person and virtual components to meet the unique needs of a global audience.
Patricia Obo-Nai, Chief Executive Officer, Vodafone Ghana; Jayshree V. Ullal, President and Chief Executive Officer, Arista; and Wendell P. Weeks, Chairman and Chief Executive Officer, Corning Incorporated will provide attendees with insight into how revolutionary technologies are shaping our world and the impacts they will have on the industry moving forward. The plenary program is scheduled for Tuesday, 07 March 2003, 08:00-10:00 UTC.
"We believe access to broadband means access to opportunity—from communication, to education and healthcare," said OFC chairs Christopher Cole, II-Vi Incorporated; Ramon Casellas, Centre Tecnològic de Telecomunicacions de Catalunya, and Ming-Jun Li, Corning Incorporated. "We are excited to announce this year's visionary leaders who will explore topics in the future of network buildouts in Ghana, data-driven cloud networking, and reliable high-speed networking."
The five-day technical conference features peer-reviewed presentations and invited speakers, the thought leaders in the industry presenting the highlights of emerging technologies. Additional technical programming throughout the week includes special symposia, special sessions, in-depth tutorials, workshops, panels and the thought-provoking rump session.
Obo-Nai joined Vodafone Ghana as Chief Technology Officer in January 2011, having previously worked for 14 years in Technology and IT at Tigo Ghana. She has extensive management and leadership experience and was appointed Chief Executive on 1 April 2019 after former roles as Director of Fixed Business, Customer Operations and Acting Director of Consumer Business. Obo-Nai is the first Ghanaian to be appointed CEO of Vodafone Ghana and is highly respected in the telecoms industry in Ghana.
As President and CEO of Arista for over a decade, Ullal is responsible for Arista's business and thought leadership in cloud networking. She led the company to a historic and successful IPO in June 2014, from zero to a multibillion-dollar business. Formerly Ullal was Senior Vice President at Cisco, responsible for a $10B business in datacenter, switching and services. With more than 30 years of networking experience, she is the recipient of numerous awards including E&Y's "Entrepreneur of the Year" in 2015, Barron's "World's Best CEOs" in 2018 and one of Fortune's "Top 20 Business persons" in 2019.
Weeks has served as Corning's Chief Executive Officer since April 2005 and Chairman of the Board since April 2007. He has been a member of the company's board of directors since December 2000. Weeks began his career with Corning in 1983 in the finance group. In his 38 years with the company, he has held a variety of financial, business development, commercial, and general management roles, including strategic positions in the company's television, specialty glass, and optical communications businesses.
During his tenure as CEO, he has overseen acquisitions in Optical Communications, Life Sciences, and Display Technologies. He has also played an instrumental role in numerous innovations, including the development of Corning® Gorilla® Glass. Furthermore, he has earned 33 U.S. patents.
The 2023 Optical Fiber Communication Conference and Exhibition (OFC) is the premier conference and exhibition for optical communications and networking professionals. For more than 45 years, OFC has drawn attendees from all corners of the globe to meet and greet, teach and learn, make connections and move business forward.
OFC includes dynamic business programming, an exhibition of global companies and high impact peer-reviewed research that, combined, showcase the trends that are shaping the entire optical networking and communications industry. OFC is co-sponsored by the IEEE Communications Society (IEEE/ComSoc) and the IEEE Photonics Society and co-sponsored and managed by Optica (formerly OSA). OFC in 2023 will be presented in a hybrid format with in-person and virtual components and will take place 05-09 March 2023 at the San Diego Convention Center in San Diego, California, USA. Follow @OFCConference on Twitter, learn more at OFC Community LinkedIn, and watch highlights on OFC YouTube.
Media Contacts:
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SOURCE The Optical Fiber Communication Conference and Exhibition (OFC) | https://www.kxii.com/prnewswire/2022/09/14/ofc-2023-announces-global-leaders-telecommunications-computer-networking-material-science-deliver-plenary/ | 2022-09-14T19:07:17Z |
THIEF RIVER FALLS, Minn., June 23, 2022 /PRNewswire/ -- Digi-Key Electronics, which offers the world's largest selection of electronic components in stock for immediate shipment, was honored by Molex as its 2021 Global e-Catalog Distributor of the Year at the 2022 EDS Leadership Summit held May 10-13 in Las Vegas. This is the fourth time that Digi-Key has won the award, with previous wins in 2016, 2017 and 2018.
"We are honored to receive the 2021 Global e-Catalog Distributor of the Year award from Molex," said David Stein, vice president of global supplier management at Digi-Key. "Our shared commitment to quality and reliability has created long-lasting connections and results for customers across the globe. This achievement is a testament to our outstanding global partnership, along with all of the hard work by our team members across the globe. Close alignment with our supplier partners is an important part of our growth strategy, and the exceptional collaboration that Molex delivers reinforces their commitment to engineering-focused innovation. Digi-Key greatly appreciates this award from our longstanding partner."
"Digi-Key's commitment to growth and operational excellence has played a key role in contributing to the overall success of Molex in key industries over the past year," said Fred Bell, vice president of global distribution at Molex. "We are thrilled to present Digi-Key with the Global e-Catalog Distributor of the Year award, and we congratulate the team on their exceptional performance in 2021. We look forward to continued success with Digi-Key in the years to come."
For more information, and to order from Digi-Key's full line of Molex products, please visit the Digi-Key website.
Molex is a leading global supplier of electronic interconnects, focused on designing and developing innovative solutions critical to products that touch virtually every walk of life. With its portfolio of more than 100,000 products, the company serves customers in a variety of industries, including the telecom, datacom, computer/peripheral, automotive, premise wiring, industrial, consumer, medical and military markets. Molex also provide a continuous flow of innovation in areas such as high-speed signal integrity, miniaturization, higher power delivery, optical signal transmission and sealed harsh-environment connectivity.
Digi-Key Electronics, headquartered in Thief River Falls, Minn., USA, is recognized as both the leader and continuous innovator in the high service distribution of electronic components and automation products worldwide. As the original pioneer in this space, Digi-Key provides more than 13.4 million components from over 2,300 quality name-brand manufacturers with an industry-leading breadth and depth of product in stock and available for immediate shipment. Beyond the products that drive technology innovation, Digi-Key also supports design engineers and procurement professionals with a wealth of digital solutions and tools to make their jobs more efficient. Additional information can be found at digikey.com and on Facebook, Twitter, YouTube, Instagram and LinkedIn.
Editorial Contact
Megan Derkey
Bellmont Partners
+1 612-255-1115
digikey@bellmontpartners.com
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SOURCE Digi-Key Electronics | https://www.wibw.com/prnewswire/2022/06/23/molex-names-digi-key-electronics-2021-global-e-catalog-distributor-year/ | 2022-06-23T16:25:11Z |
POTOMAC, Md., April 11, 2022 /PRNewswire/ -- Curbio, the nation's leading fix now, pay when you sell home improvement solution for real estate agents and their clients, today announced the addition of Lyon Real Estate to its brokerage partnerships program. Lyon Real Estate is a real estate brokerage serving the greater Sacramento region, with over 800 real estate agents across 17 offices.
With this partnership, Lyon Real Estate has created its new program, Lyon Home Improvement Concierge, powered by Curbio. This means that Lyon's agents now have access to a completely turnkey pre-listing home improvement service with fix now, pay later terms for their clients. In an industry where demand for concierge services is rising, Lyon Home Improvement Concierge, powered by Curbio will empower Lyon's agents with the edge they need to win more listings, and sell their existing listings quickly and for top dollar.
"At Curbio, we take pride in being a reliable, trusted resource for all of our brokerage partners. We couldn't be more excited to welcome Lyon to that list, and are looking forward to helping them provide a simple, delightful pre-listing home improvement experience to all their agents and clients," said Olivia Mariani, vice president of marketing at Curbio.
In joining Curbio's brokerage partnerships program, Lyon gains access to a concierge solution that can be leveraged not only as a tool for improving the client experience, but also a tool to help their agents thrive. Curbio's team acts as a true partner to brokerages, providing them with exclusive trainings and materials to ensure success.
"We are so excited to be able to offer Lyon Home Improvement Concierge, powered by Curbio, to all our clients across the greater Sacramento region. Curbio's pay-at-closing home improvements with no project minimums or maximums, combined with their world-class team and turnkey process, made this partnership a no-brainer for us. I am confident that Curbio will be an invaluable partner to us as we strive to provide superior customer satisfaction," said Pat Shea, President and CEO of Lyon Real Estate.
About Curbio
Curbio is the nation's leading pay-at-closing home improvement solution for real estate agents and their clients. Founded in 2017, the company has set out to transform the process of getting homes move-in ready with its streamlined approach to home improvement. Powered by technology, Curbio has created a one-stop solution for pre-listing home improvements, handling the entire process from start to finish. Curbio is a completely turnkey solution, taking care of all sourcing, project management and communication, and acting as the licensed, insured general contractor on all projects. Curbio makes home improvement accessible and stress-free so that every real estate agent and contractor can grow their business, and every seller can unlock the value in their home. From simple repairs to whole home makeovers, Curbio gets every listing on the market faster and sold for top dollar.
About Lyon Real Estate
Lyon Real Estate is the leading independent real estate brokerage company in Greater Sacramento (Sacramento Business Journal). We are proud to be homegrown, privately owned, and internationally known. Lyon has served the area for over 75 years. Last year, the company closed a total of 6,039 transactions and $3.39 billion in sales volume. Lyon Real Estate has over 800 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally branded firms, as well as LeadingRE's Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. Since 2015, the Lyon Cares Foundation has contributed more than $1,017,900 to local nonprofits.
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SOURCE Curbio | https://www.wibw.com/prnewswire/2022/04/11/curbio-announces-brokerage-partnership-with-lyon-real-estate/ | 2022-04-11T15:34:59Z |
TROY, Mich., June 15, 2022 /PRNewswire/ -- ASE, one of the nation's oldest and largest employer associations providing people-management information and services to Michigan employers, released the results of the organization's 2022 Michigan Compensation Survey. It is the 70th year that ASE has published annual wage and salary data.
Low unemployment, sluggish labor participation, and unprecedented employee turnover appear to have accelerated the wages and salaries of local employers. Data from the most recent ASE compensation survey shows that overall wage growth, based on a matched sample of companies (referred to as a constant sample) was 4.0% compared to just 2.1% in 2021.
Mary E. Corrado, ASE President and CEO, announced the survey release. "Our data, collected directly from local employers, suggests that employers responded to their recruitment and retention challenges by increasing wages this past year," stated Corrado. "The data shows that at least a third of all employers increased salaries for all or some portion of their workforce in direct responses to labor conditions," added Corrado.
Some job families experienced growth higher than the overall 4% average increase. Specifically, this year's data shows that many of the low skill and low wage jobs witnessed increases above the overall constant sample, including Material Handling (6.7%) and Assembly/Production (4.6%).
Additional Highlights from the 2022 ASE Michigan Compensation Survey:
- Actual wage increases from 2021 to 2022, based on a constant sample of companies, for the metro Detroit area increased 3.7% year over year. The constant sample represents companies who reported data in both 2021 and 2022.
- Slightly more than four of ten companies increased their starting salaries for all or some of employee groups.
- Total salary increases, as a percent of overall payroll, averaged 3.8% for 2021. Projections for 2022 increases are approximately 3.5%.
Employers of all sizes should take steps now to evaluate their wages and salaries. They are still contending with the lingering effects of the pandemic, specifically a lack of available workers.
"It is likely that the conditions many employers face now, namely a lack of available talent, will persist. Our data suggest that it will be necessary for employers to evaluate their compensation to compete effectively," added Corrado.
A total of 314 companies participated in the survey. 71% of the participants are in the metro Detroit region. The survey was distributed to human resource professionals in January 2022. Nearly 40% of the respondents are classified as automotive suppliers, and 471 jobs were reported on. Slightly more than 70% of the organizations that responded have 1-500 employees.
To request to purchase a copy of the 2022 Michigan Compensation Survey results, click here. ASE member participants can access the data at no cost.
ASE is Michigan's trusted HR partner. ASE is a non-profit, membership organization – everything we do is based on the needs of members and to drive the success of their organizations and help them THRIVE. ASE strengthens organization's HR departments by offering member benefits and discounted services that span the entire employee lifecycle including recruitment, development, and retention while minimizing compliance risk. We provide our members guidance through new legislation and workplace issues such as those currently occurring with the COVID-19 pandemic. Learn more about ASE at www.aseonline.org.
Media Contact: Heather Nezich, ASE, 248.223.8040, hnezich@aseonline.org
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SOURCE American Society of Employers | https://www.mysuncoast.com/prnewswire/2022/06/15/ase-releases-2022-michigan-compensation-survey-results-salaries-rise-4/ | 2022-06-15T16:50:54Z |
Bonneville Baseball sweeps Hillcrest to advance to 4A High Country Championship
IDAHO FALLS, Idaho (KIFI) - The Bonneville Bees are heading to the district championship thanks to an emphatic sweep of the Hillcrest Knights Thursday with 10-3 and 13-0 wins.
Game one was much closer than game two early, but the Bees put up a pair of runs in each of the second and third innings to start building a lead that would eventually reach seven runs.
Bonneville didn't waist time scoring in game two, though, because the Bees stung the Knights for eight runs in the first inning to set the tone.
Next up, Bonneville will face either Blackfoot or Skyline in the 4A High Country Championship series, which begins Tuesday at 3:00 p.m. | https://localnews8.com/sports/local-sports/2022/05/05/bonneville-baseball-sweeps-hillcrest-to-advance-to-4a-high-country-championship/ | 2022-05-06T04:42:31Z |
Straight Talk: Don't panic over bogus claims you've bought an iPhone
Better Business Bureau serving Canton Region and Greater West Virginia offer tips and advice for consumers to avoid fraudulent practices.
This phishing scam looks like an honest mistake, but it’s not.
BBB.org/Scam Tracker is getting reports of phony emails that appear to be receipts for a new iPhone … that you didn't buy. Scammers are hoping you’ll panic and contact them to correct the “error.”
How the scam works
You receive an email saying you purchased a new iPhone, and your Amazon account, bank account or credit card will be charged. But you didn’t buy a new phone! Eager to reverse the charge, you call the customer service number included in the email. The email may even specifically say: “Didn’t make this purchase? Contact us at…” or “If you feel you are receiving this message in error, contact us immediately.”
When you call the number, you speak to a helpful customer service representative who says they can fix the problem. However, you must act immediately before the charge posts to your account.
One consumer reported the following: “I called the number to get a refund. I told them there wasn’t purchase on my account for $999.00, and they told me it wouldn’t show up for 24 hours and that’s why I need to cancel it right away.” The scammer asked the consumer to download an app as part of the refund process. When the consumer refused, the scammer hung up on them.
Con artists also told victims that their accounts had been hacked. In these cases, the “customer service rep” asked for a credit card or bank information, claiming they need it to cancel the sale. No matter what scammers say, don’t fall for it. Remember, con artists often stoop to scare tactics to trick you into action.
How to avoid phishing scams
• Double check the sender’s email address. Phishing emails are usually designed to look like they come from a reputable source like your bank or Amazon. But look closely at the sender’s email to see if it’s really from an official source.
• Check your bank for charges first. If you receive an email claiming that you’ve made a purchase, check your bank or credit card account. If the change isn’t there, it’s likely a scam. Don’t contact the scammers. Instead, erase the email and block the sender.
• Never click on suspicious links. It’s best not to click on links in unsolicited emails you receive from unknown senders. These links could download malware onto your computer or mobile device, making you vulnerable to identity theft.
For more information
Discover more ways to protect yourself from scams in general by going to “10 Steps to Avoid Scams." Learn how to identify fake emails. Become a skilled scam spotter by visiting BBB.org/SpotaScam and report any suspicious activity to BBB.org/ScamTracker. | https://www.cantonrep.com/story/lifestyle/2022/04/10/straight-talk-dont-panic-over-bogus-claims-youve-bought-iphone/9487128002/ | 2022-04-10T22:44:31Z |
BEIJING (AP) — Asian stock markets followed Wall Street lower Monday after the Federal Reserve indicated it might raise interest rates more aggressively to cool U.S. inflation.
Shanghai, Tokyo, Hong Kong and South Korea all declined. Oil fell more than $2 per barrel amid concerns global economic growth might weaken.
Investors are uneasy about possible downward pressure on economic activity from higher interest rates, Russia’s war on Ukraine and China’s efforts to contain coronavirus outbreaks.
Wall Street’s benchmark S&P 500 lost 0.3% on Friday after Fed officials indicated in notes from their last meeting they were considering raising its benchmark rate by double the normal amount at upcoming meetings. They also indicated they are likely to shrink the Fed’s bond holdings, which also might push up commercial borrowing rates.
Investors see “increasing evidence the Federal Reserve will take a more committed approach” to fighting inflation, said Stephen Innes of SPI Asset Management in a report.
The Shanghai Composite Index lost 2.2% to 3,179.32 after inflation accelerated to 1.5% over a year ago in March from the previous month’s 0.9% amid upward pressure on global prices due to uncertainty about Russia’s war on Ukraine.
The Nikkei 225 in Tokyo lost shed 0.7% to 26,793.46 and Hong Kong’s Hang Seng retreated 2.5% to 21,324.05.
The S&P-ASX 200 in Sydney advanced less than 0.1% to 7,482.80. New Zealand and Singapore declined while Indonesia advanced.
On Friday, the S&P 500 declined to 4,488.28 while the Dow Jones Industrial Average rose 0.4% to 34,721.12. Tech stock weakness dragged the Nasdaq composite down 1.3% to 13,711.00.
Investors have been uneasy since Fed officials started saying they would try to cool inflation that is at a four-decade high by rolling back record-low interest rates and other stimulus that is boosting stock prices.
Higher interest rates usually depress economic activity and make safer assets such as bonds more attractive while making stocks look riskier and more expensive.
Some are afraid the Fed, after being accused of reacting too late to rising inflation, might push the brakes too hard and tip the world’s biggest economy into recession. Economists at Deutsche Bank last week forecast a U.S. recession by late next year.
Oil prices have fallen back on expectations of weaker demand after peaking above $130 per barrel last month due to anxiety about disruption of supplies from Russia, the world’s No. 2 exporter.
Meanwhile, in China, automakers and other companies are reducing production due to supply disruptions after authorities imposed stringent anti-disease controls to stop coronavirus outbreaks in Shanghai and other cities.
ACM Research, a supplier of equipment for the semiconductor industry that has operations in Shanghai, fell 6.1% after saying the restrictions will cause a significant hit to its revenue.
In energy markets, benchmark U.S. crude fell $2.16 to $96.10 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose $2.23 to $98.26 on Friday. Brent crude, used as the price basis for international oils, retreated $2.18 to $100.60 per barrel in London. It rose $2.20 the previous session to $102.78 a barrel.
The dollar rose to 124.86 yen from Friday’s 124.37 yen. The euro edged up to $1.0087 from $1.0885. | https://cw33.com/business/ap-business/asian-stocks-follow-wall-st-down-amid-us-interest-rate-fears/ | 2022-04-11T06:44:17Z |
Energizing Conversations with INL By Idaho National Laboratory today at 12:04 PM Published May 6, 2022 12:05 PM Share on FacebookShare on Twitter Share on Linkedin Energizing Conversations with INL: Hot Fuel Examination Facility Energizing Conversations with INL | https://localnews8.com/energizing-conversations-with-inl/2022/05/06/energizing-conversations-with-inl-hot-fuel-examination-facility/ | 2022-05-06T19:13:23Z |
PHILADELPHIA, May 11, 2022 /PRNewswire/ -- PowerPay, a financial technology company that provides consumer lending for home improvements and elective healthcare, is announcing the launch of a solar financing program aimed at making clean energy affordable for more homeowners.
The demand for sustainable energy sources continues to grow at a rapid pace. These projects have high upfront material and labor costs. PowerPay financing products allow consumers to transform these large purchases into small monthly payments. Financing can be applied to the entire project including solar panels, batteries, generators, roofing and all installation costs. The program offers 20 and 25-year loans with rates starting at 2.99% and a $100,000 loan maximum. PowerPay's solar financing program will allow homeowners to reduce their electricity bills and increase the value of their homes while protecting the environment.
PowerPay Co-founder & COO David Haas: "We're really excited to enter the solar business. Many of our existing home improvement clients already offer solar and have been anxious for us to roll out this program. The market is huge and growing. We've developed a seamless lending platform, delivered an ultra-competitive loan product and are offering the lowest merchant fees in the industry. We see a tremendous opportunity to grow market share and build solar into a multibillion vertical."
Launched in 2020, PowerPay is a financial technology company providing seamless consumer financing solutions to over 8,000 contractors and merchants. The company helps merchants grow their business with a simple point of sale financing platform converting large purchases into affordable monthly payments. PowerPay has processed $1 billion in loans since its inception. www.getpowerpay.com
Contacts:
Arina Zhukova
800-397-4485
pr@getpowerpay.com
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SOURCE PowerPay | https://www.kxii.com/prnewswire/2022/05/11/powerpay-launches-financing-residential-solar-clean-energy-projects/ | 2022-05-11T19:21:50Z |
VANCOUVER, BC, June 22, 2022 /PRNewswire/ - PODA HOLDINGS, INC. ("PODA" or the "Company") (CSE: PODA) (FSE: 99L) (OTC: PODAF) is pleased to announce that, further to its news release dated May 13, 2022 in respect of the proposed sale of all or substantially all of the Company's assets to Altria Client Services LLC ("Altria"), a subsidiary of Altria Group, Inc. (NYSE:MO) (the "Transaction"), the Company's Shareholders have unanimously approved all of the special resolutions required for completion of the Transaction and the Distribution (as described below) at PODA's special meeting of Shareholders (the "Meeting"), which was held on June 22, 2022.
The Transaction
As previously announced, the Company, Ryan Selby and Ryan Karkairan (together, the "Owners"), and Altria entered into an asset purchase agreement dated May 13, 2022 (the "Asset Purchase Agreement"), pursuant to which the Company and the Owners have each agreed to sell to Altria substantially all of the assets and properties used in the Company's business of developing, manufacturing and marketing multi-substrate heated capsule technology for a total purchase price of US$100.5 million ("Purchase Price"), subject to certain adjustments and holdbacks. US$55,275,000 of the Purchase Price will be paid to the Company, and the balance to the Owners. If the Transaction is completed, the Company expects to make a cash distribution to Shareholders (the "Distribution") equal to approximately CDN$0.40 per Subordinate Voting Share ("SVS") and Multiple Voting Share ("MVS") on an as converted to SVS basis, representing a 167% premium to the closing price of the SVS on the CSE as of May 12, 2022, the day prior to the announcement of the Transaction.
Matters Approved at the Meeting
At the Meeting, the following resolutions were passed unanimously:
- A special resolution of the Shareholders approving the sale of all or substantially all of the undertaking of the Company in accordance with the Business Corporations Act (British Columbia);
- A special resolution of the holders of SVS approving the variation of the special rights and restrictions with respect to participation in returns of capital and dividends attached to the SVS to facilitate the Distribution;
- A special resolution of the holders of SVS approving the reduction in the capital of the SVS to facilitate the Distribution;
- A special resolution of the holders of MVS approving the variation of the special rights and restrictions with respect to participation in returns of capital and dividends attached to the MVS to facilitate the Distribution; and
- A special resolution of the holders of MVS approving the reduction in the capital of the MVS to facilitate the Distribution.
Additional Information
The Asset Purchase Agreement and the Information Circular sent in connection with the Meeting are each available under the Company's profile on SEDAR at www.sedar.com.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information" which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved. Such forward-looking information includes, among other things, information regarding: the Company's expectations regarding its ability to complete, and the anticipated results of, the Transaction, the anticipated distribution of CDN$0.40 per share, and the parties' ability to satisfy closing conditions and receive necessary approvals. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Although such statements are based on assumptions management considers reasonable, there can be no assurance: (i) that the Transaction will be completed; (ii) if the Transaction is completed, that it will be completed on the terms described above; (iii) that the proposed cash distribution will be made; or (iv) if the proposed cash distribution is made, as to the amount or terms of such distribution.
Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of all necessary governmental approvals and satisfaction of other conditions to the completion of the Transaction and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks that the Transaction does not close on the anticipated timeline, or at all, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks, and risks relating to the potential failure to receive all requisite regulatory approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change.
There can be no assurance that the Transaction will be completed as proposed or at all. The Transaction could be modified, restructured or terminated. Investors are cautioned that, except as disclosed in the management information circular dated May 17, 2022 and in the Asset Purchase Agreement itself, copies of each of which are filed under the Company's profile at www.sedar.com, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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SOURCE Poda Holdings, Inc. | https://www.kxii.com/prnewswire/2022/06/22/poda-announces-results-special-meeting-shareholders/ | 2022-06-22T23:23:53Z |
What’s next as UK mourns, King Charles III starts reign
Published: Sep. 9, 2022 at 6:44 AM CDT|Updated: moments ago
LONDON (AP) — The death of Queen Elizabeth II has triggered a series of carefully structured ceremonial and constitutional steps, as Britain undergoes a period of national mourning and heralds the reign of King Charles III.
Here is a look at what will happen in the coming days.
Friday
- King Charles III and his wife Camilla, the Queen Consort, travel from Balmoral Castle in Scotland to London.
- Noon local time (1100GMT) — Church bells ring at Westminster Abbey, St. Paul’s Cathedral and cross the country in honor of the queen.
- Noon — Parliament holds a special session so lawmakers can pay tribute to the queen.
- 1 p.m. — Gun salutes are fired in London’s Hyde Park and at military sites around the country, one round for reach of the 96 years of the queen’s life.
- Afternoon — The king meets with Prime Minister Liz Truss.
- 6 p.m. — The king makes a televised address to the nation.
- 6 p.m. — A service of remembrance is held at St. Paul’s Cathedral for the queen.
Saturday
- 10 a.m. — Charles meets at St. James’s Palace with a group of senior officials known as the Accession Council and is officially proclaimed king.
- 11 a.m. — An official reads the proclamation aloud from a balcony at St. James’s Palace. It is also read out in other locations across the U.K.
- 1 p.m. — Parliament holds a second day of tributes to the queen.
Subsequent days:
- The queen’s body is moved from Balmoral Castle in the Scottish Highlands to Edinburgh, and then to London.
- She will lie in state for several days in Parliament’s Westminster Hall, where the public will be able to pay their respects.
- A state funeral at Westminster Abbey is due to be attended by leaders and dignitaries from around the world.
- The period of national mourning will end the day after the queen’s funeral.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/09/whats-next-uk-mourns-king-charles-iii-starts-reign/ | 2022-09-09T12:11:30Z |
WILMINGTON, Mass., June 24, 2022 /PRNewswire/ -- Koch Separation Solutions (KSS) announced today the acquisition of LIONEX technology from Chemionex Inc. The acquisition serves as the foundation for the launch of their Li-PRO™ process featuring a proprietary global solution for Direct Lithium Extraction (DLE).
"The launch of the Li-PRO process, coupled with the broader EPC capabilities of our parent, Koch Engineered Solutions, will deliver complete end-to-end solutions for DLE customers," said Manny Singh, President of KSS.
The Li-PRO™ process is an optimized DLE process configuration combining specialized lithium selective extraction media and leading KSS equipment including robust PURON® membrane-based pretreatment, Recoflo® packed bed lithium extraction, Recoflo softening, and high-recovery reverse osmosis (RO) concentration operations to generate a purified lithium chloride solution. The solution is geared towards customers seeking an optimized solution to developing lithium battery materials to keep up with the growing demand for lithium batteries, primarily in electric vehicles.
"The innovative and patent-pending aspects of the Li-PRO solution will be synergistic with KSS' world-class capabilities in ion exchange and sorptive technologies, membrane filtration, and thermal separations. This combination will deliver superior lithium recovery and purity, chemical consumption, water efficiency, and simplified system configurations, optimizing CAPEX and OPEX to lithium producers," said Singh.
KSS will offer the Li-PRO process as a complete offering or as standalone separation processes, depending on customers' unique needs. Their team will initially engage developers in a piloting phase to refine the process design of each step, and work collaboratively to implement small to large-scale operations at optimized performance specifications.
For more information on KSS lithium extraction capabilities, please contact getinfo@kochsep.com.
Koch Separation Solutions (KSS) is transforming the landscape of separations by leveraging synergistic technology such as membrane filtration, ion exchange, evaporation, and drying. With over half a century worth of experience, KSS offers solutions for the most demanding applications across food and beverage, life science, and general industrial markets. KSS aims to create more value to their customers around the world by offering complete solutions to recover high-value product, eliminate waste, reduce footprint, increase productivity, and lower costs. KSS is a Koch Engineered Solutions company. More information is available at www.kochseparation.com
Contact: Emily Rogers
Email: Emily.rogers@kochsep.com
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SOURCE Koch Separation Solutions | https://www.mysuncoast.com/prnewswire/2022/06/24/kss-acquires-lionex-technology-launches-proprietary-li-protm-solution/ | 2022-06-24T16:23:30Z |
Meta: Russian invasion driving more disinformation online
By DAVID KLEPPER
Associated Press
A report from Facebook owner Meta finds a big jump this year in disinformation and propaganda linked to Russia’s invasion of Ukraine. The company, which also owns Instagram, says its review also has found an increase in domestic disinformation and propaganda in countries around the world, suggesting that the tactics pioneered by foreign intelligence organizations are now being used more widely for political and financial motives. Meta says it’s trying to stay one step ahead of groups trying to exploit its site, but executives at the company acknowledge their adversaries are adapting, too. | https://localnews8.com/news/ap-national-business/2022/04/07/meta-russian-invasion-driving-more-disinformation-online/ | 2022-04-07T15:46:58Z |
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Soundcore Capital Partners, LP ("Soundcore") a New-York based private equity firm, is pleased to welcome Matt DelBello as an Associate on the Deal Origination team.
Matt will primarily be responsible for supporting the Partners in developing investment theses for the firm and building relationships with business owners.
Prior to joining Soundcore, Matt was an Assistant Vice President at Wellington Management, covering a range of alternative investment strategies for family office and wirehouse channels. Previously, he was a sales associate at GW&K Investment Management, where he was responsible for selling their municipal bond strategies to the wirehouse and RIA channels. Matt received his Master of Business Administration from Boston College's Carroll School of Management and a Bachelor of Arts degree in Business and Investments from Johnson & Wales University.
"We are very glad to have Matt on the team. He shows industriousness, which we value greatly here at Soundcore" said Alex Bues, Partner at Soundcore. "His relationship management, sales and marketing, and CRM experience in alternative investments, specifically in private equity, will be great assets to us as we search for high-quality companies with whom to partner."
"Over the next 12 months, Soundcore will continue growing the team significantly through the additional hires of experienced private equity professionals," said Jarrett Turner, Managing Partner of Soundcore.
Soundcore Capital was founded in 2015 by Jarrett Turner and is based in New York, NY. Soundcore is a thesis-driven private equity firm that specializes in buy-and-build investments in the lower middle-market that are headquartered in the United States and Canada. Soundcore has completed 73 acquisitions across ten platforms and focuses primarily on business & outsourced services, industrial services, specialty manufacturing and value-added distribution sectors. For more information, please visit: https://www.soundcorecap.com/home
CONTACT:
Njideka Emenogu
212-812-1180
nemenogu@soundcorecap.com
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SOURCE Soundcore Capital Partners | https://www.kxii.com/prnewswire/2022/09/12/soundcores-deal-origination-team-hires-another/ | 2022-09-12T16:50:00Z |
Grammy nominated singer/songwriter Rufus Wainwright has been traveling all over the country in celebration of Pride that is taking off all around America.
Wainwright touched on his new album “Unfollow the Rules” that was released during the pandemic and now he can finally get on tour and share his music.
Not only did he make a personal album but he also created a special album in remembrance for Judy Garland and what would have been her 100th birthday.
Judy tapped her way into Rufus’s heart because she was just a beautiful performer and an icon for gay men. This is not the first time he had done something for Judy. Back in 2007 he did a tribute to her with the live album, “Rufus Does Judy at Carnegie Hall.”
Wainwright has now made a “Rufus Does Judy at Capitol Studio” album.
You can see Rufus perform his new music, classics, and Judy Garland’s greatest hits live Tuesday, June 14 at the Ford Theatre in Hollywood Hills. Tickets are available at theford.com.
This segment aired on the KTLA 5 Morning News on June 10, 2022. | https://cw33.com/news/rufus-wainwright-is-on-tour-for-new-album-unfollow-the-rules-and-dedicates-new-music-to-judy-garland-for-her-100th-birthday/ | 2022-06-10T20:44:44Z |
Missing endangered adult in Manatee County
Published: Aug. 25, 2022 at 9:44 PM EDT|Updated: 26 minutes ago
BRADENTON, Fla. (WWSB) - The Manatee County Sheriff’s office has issued an alert for a missing endangered adult on Aug 25.
Andres Vega, 27, recently made statements about wanting to harm himself and has not been seen or in contact with his family since. It’s believed he may have been in the area of 9th Avenue West and 14th Street West, Bradenton earlier today.
Anyone with information on his whereabouts is asked to contact the Manatee County Sheriff’s Office at (941) 747-3011.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/26/missing-endangered-adult-manatee-county/ | 2022-08-26T02:11:36Z |
HAIFA, Israel, June 21, 2022 /PRNewswire/ -- TankU, an innovative AI company that is reshaping the world of automotive services, today announced it has joined NVIDIA Metropolis — a partner program, application framework, and set of developer tools that bring to market a new generation of vision AI applications that make the world's most important spaces and operations safer and more efficient.
TankU provides an optimized platform for harnessing the power of computer vision and artificial intelligence. Utilizing NVIDIA TensorRT and DeepStream SDK combined with the NVIDIA Jetson edge AI platform powering the latest generation of its smart video processors, TankU's ground-breaking technology delivers a wide range of invaluable insights for service providers — automating and customizing services such as refueling, EV charging, car washing, collection of deliveries and more.
NVIDIA Metropolis makes it easier and more cost-effective for enterprises, governments and integration partners to leverage world-class AI-enabled solutions to improve critical operational efficiency and safety problems. The NVIDIA Metropolis ecosystem contains a large and growing breadth of partners who are investing in the most advanced AI techniques, most efficient deployment platforms and use an enterprise-class approach to their solutions. Partners have the opportunity to gain early access to NVIDIA platform updates to further enhance and accelerate their AI application development efforts. Further, the program offers the opportunity for partners to collaborate with industry-leading experts and other AI-driven organizations.
"In our ongoing endeavor to transform the customer interaction with vehicle services, we are always seeking new and innovative experiences. TankU is proud of its technological collaboration with NVIDIA — the global leader in AI technology platforms — and looking forward to expanding our work by joining the NVIDIA Metropolis program," said Dan Valdhorn, founder and CEO of TankU.
About TankU
TankU utilizes the existing security cameras, various data sources and the power of AI to provide a personalized user experience and operational excellence.
Vehicle service providers used to have a personal relationship with their clients - a relationship that has been lost. Unlike the attendant, the fuel dispenser does not know if the driver feels well or angry, if he is on his way to work or to the supermarket. TankU's artificial intelligence solutions make these interactions more personal and are commercially deployed with several customers worldwide.
For more information, visit www.tanku.com.
Photo - https://mma.prnewswire.com/media/1843342/TankU.jpg
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SOURCE TankU | https://www.mysuncoast.com/prnewswire/2022/06/21/tanku-joins-nvidia-metropolis-expedite-transformation-outdoor-retail-services/ | 2022-06-21T13:27:24Z |
LOS ANGELES, July 6, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Unilever PLC ("Unilever" or the "Company") (NYSE: UL).
Class Period: September 2, 2020 – July 21, 2021
Lead Plaintiff Deadline: August 15, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that, in July 2020, Ben & Jerry's board passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory"; (2) the risks attendant to the Ben & Jerry's board's decision; (3) the foregoing risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.wibw.com/prnewswire/2022/07/06/ul-investors-have-opportunity-lead-unilever-plc-securities-fraud-lawsuit/ | 2022-07-06T18:14:02Z |
Fintech Meetup Acquired by Hyve Group As Part Of Plan To Create The Biggest & Best In-Person And Virtual Fintech Events
NEW YORK, April 11, 2022 /PRNewswire/ -- Fintech Meetup, the breakout U.S. fintech event which was founded by event industry disruptors and fintech industry insiders, Anil D. Aggarwal and Simran Rekhi Aggarwal, today announced that the next Fintech Meetup will take place in person at the Aria, Las Vegas, on March 19-22, 2023. The 2023 in-person event follows incredibly successful virtual Fintech Meetup launch events that facilitated more than 50,000 online meetings for over 4,000 individuals from over 2,000 organizations.
Fintech Meetup also announced today that it has been acquired by Hyve Group plc (LSE: HYVE:LN), one of the world's leading organizers of international exhibitions, conferences and online networking forums. In connection with the acquisition, Fintech Meetup co-founder, Jonathan Lear, has been appointed President of Fintech Meetup.
Fintech Meetup's in-person format will break new ground with many important 'firsts' for fintech events, including:
- Providing the fintech industry with a big kickoff event in Q1 of each year,
- Enabling attendees to unlock new opportunities by allowing them to quickly and efficiently connect and collaborate across the entire fintech ecosystem using state-of-the-art event and meetings technology,
- Attracting and activating a diverse set of industry segments and sub-communities resulting in richer connections, learning opportunities and collaboration for attendees,
- Offering a far-reaching hub-and-spoke network of co-located events, experiences and activations through industry partnerships across the broad fintech sector,
- Delivering unprecedented approaches to agenda and schedule development, content coverage, world-class speakers and thought leadership, and
- Ensuring unmatched value for money and measurable return on investment.
"Having facilitated over 250,000 requests to meet and 50,000 virtual meetings since we started Fintech Meetup last year, we're now excited to launch in-person events. Our March 2023 Las Vegas event is designed to be the key kickoff event for the entire fintech industry at the beginning of every year, and will enable us to quickly build the biggest and best U.S. fintech events," said Jonathan Lear, Fintech Meetup's co-founder and president.
Hundreds of organizations from across the fintech ecosystem are supporting the launch of Fintech Meetup, including:
"With planning for our first in-person FIntech Meetup event well underway, we're thrilled to become part of Hyve, a leading product-focused event organizer, which will support us in accelerating the growth and transformation of all areas of fintech, banking and financial services," added Lear.
"The addition of Fintech Meetup to our group delivers on Hyve's goal to acquire market-leading events in large industries that are undergoing dramatic, decades-long, technology-driven changes," said Mark Shashoua, chief executive officer of Hyve. "In a short space of time, Fintech Meetup has delivered significant value to thousands of individuals and organizations across the industry and established itself as a leading hub of the sector. It holds tremendous potential for short- and long-term growth, especially with its first in-person event scheduled to take place in less than 12 months."
More information about Fintech Meetup is available at www.fintechmeetup.com.
To apply to speak, go to https://fintechmeetup.com/apply_to_speak_form.html.
To apply to sponsor, go to https://fintechmeetup.com/sponsor_form.html.
About Fintech Meetup
Utilizing state-of-the-art event technology, fresh approaches to content and unprecedented partner engagement, Fintech Meetup is building the biggest and best fintech events. Launched as a breakout virtual event in 2021 and 2022, Fintech Meetup will expand into an omnichannel format in 2023 with the introduction of an in-person event in addition to its now established virtual format. The next event will be held at the Aria, Las Vegas on March 19-22, 2023, establishing Fintech Meetup as the key annual U.S. kickoff event for the fintech industry in Q1. For more information, visit www.fintechmeetup.com. Fintech Meetup is a Hyve Group plc (LSE: HYVE: LN) event.
About Hyve Group
Hyve Group plc is a next-generation global events business whose purpose is to bring together and connect entire sector ecosystems from all corners of the globe. We meet our customer needs to learn, network and trade via both market-leading in-person and online events. Hyve Group plc is all about globally consistent best practice and unrivalled quality. Our vision is to create the world's leading portfolio of content-driven, must-attend events delivering an outstanding experience and ROI for our customers. Hyve's market-leading portfolio of global brands include: Shoptalk, Spring Fair, Bett and Mining Indaba. Where business is personal, where meetings move markets and where today's leaders inspire tomorrow's. For more information, visit www.hyve.group.
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SOURCE Fintech Meetup, LLC | https://www.kxii.com/prnewswire/2022/04/11/fintech-meetup-announces-in-person-event-scheduled-march-19-22-2023-aria-las-vegas-which-is-set-become-big-annual-q1-kickoff-event-fintech-industry/ | 2022-04-11T14:46:23Z |
Coupa BSM platform expands ESG support to help customers comply with German Supply Chain Due Diligence Act
BERLIN, May 17, 2022 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), today announced new capabilities to help companies comply with global regulations, including the German Supply Chain Due Diligence Act, Lieferkettensorgfaltspflichtengesetz (LkSG), as well as progress on Environmental, Social, and Governance (ESG) targets.
Businesses face increasing pressures from investors, consumers, employees - and now global regulators - to improve sustainability and social impact, yet a recent Coupa survey revealed that companies are suffering from data blindspots, preventing them from fully complying with ESG legislation.
For instance, Germany's Supply Chain Due Diligence Act comes into force on 1 January 2023 and requires companies with more than 3,000 employees in Germany to monitor supply chains for human rights violations and comply with environmental standards. However, nearly two thirds (65%) of businesses worldwide said they cannot tell if their closest suppliers meet ESG standards, and 57% admitted to not having an effective risk management system in place to ensure ESG integrity of supply chains.
"CEOs and business leaders possess the will to lead change and transform the way they conduct business, yet obstacles around data are causing them to fall short. This is where uniting the power of spend comes in," said Rob Bernshteyn, chairman and CEO of Coupa. "A comprehensive strategy around business spend management that leverages data-driven insights from the community can equip businesses to proactively reduce risks, while also becoming more profitable and purposeful."
Coupa's Sustainable BSM solution helps businesses make more impactful spend decisions, and new capabilities announced at Coupa Inspire EMEA 2022 help companies improve sustainability and comply with ESG regulation.
Businesses will benefit from:
- Tailored Risk Assessment for Supply Chain Due Diligence: Customers can now request and manage supplier ESG compliance information specific to the German Supply Chain Due Diligence Act through a digital assessment, and create reports to submit to German regulators.
- Visibility into Supplier Risk and Compliance Data: Customers have full, real-time visibility into supplier health, risk, and sustainability information when conducting sourcing events, as well as directly in supply chain digital twins, enabling proper vetting to ensure compliance.
- Collaboration Across Teams: Customers can operationalize risk management and embed it throughout procurement, supply chain, and compliance operations to rid silos. Coupa surfaces comprehensive supplier risk management information in context of every single spend decision at the time of decision making.
"Global regulators have spoken: companies can no longer kick the can around on ESG. Germany's Supply Chain Due Diligence Act is particularly strict, causing many businesses to scurry around to better understand their ESG risk, and ultimately mitigate it before the January deadline," said Markus Hornburg, vice president global product compliance at Coupa. "Several other countries either already have related legislation, or are seriously considering it, leaving businesses to make sense of hundreds of nuances. Coupa's Compliance-as-a-Service offerings solve this pain point for customers, helping global businesses streamline their approach to compliance. This gives customers confidence that their brand and bottom line is protected."
Saint-Gobain, a global manufacturer, leverages Coupa to deliver on its mission to be the worldwide leader in light and sustainable construction, and is being recognized at Inspire for its sustainable supply chain transformation.
"We are on track to achieve carbon neutrality by 2050. Breaking down silos and improving cross-team collaboration is crucial to accelerate our growth while having a positive impact on the environment. Coupa plays an important role in helping us achieve this goal. We are implementing advanced digital supply chain optimization schemes to challenge and optimize our CO2 emissions, operationalize our approach to sustainability, make progress on ESG standards, and reduce transport-related emissions by an average of as much as 20%," said Philippe Boutonnet, director of supply chain excellence at Saint-Gobain.
"At PwC Germany, we are committed to helping companies implement the right processes and quality controls to orchestrate their supply chain end-to end. Coupa's comprehensive approach to business spend management (BSM), which powers our Smart Network Buying (SMB) solution, provides a single source of truth to identify hotspots in supply chains, making it well poised to help companies comply with regulation across Germany and Europe. Together with Coupa, we can help companies prove compliance to make smarter sourcing decisions, while at the same time bring more efficiency and resiliency to supply chains," said Jan Joachim Herrmann, partner at PwC Germany.
"Regulatory changes in many countries increase pressures on organizations to start making necessary ESG improvements in a short-term timeframe. To tackle these ESG challenges, it requires a clear understanding of regulatory requirements and transparency in a company's supply chain and spend data. This is the baseline to identify which levers will help them reduce emissions, and develop a targeted plan to comply with governance, processes, and system changes for easier monitoring going forward," said Stefan Löchner, partner at KPMG AG Germany.
For more information, visit coupa.com/SupplyChainDueDiligence
About Coupa Software
Coupa is the cloud-based Business Spend Management (BSM) platform that unifies processes across supply chain, procurement, and finance functions. Coupa empowers organizations around the world to maximize value and operationalize purpose through their business spend. To learn more, visit coupa.com or follow us on LinkedIn and Twitter.
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SOURCE Coupa Software | https://www.mysuncoast.com/prnewswire/2022/05/17/new-coupa-innovations-help-businesses-comply-with-esg-regulations/ | 2022-05-17T08:27:11Z |
Floral Geometry Stamps Come in $2 and $5 Denominations
KANSAS CITY, Mo., June 21, 2022 /PRNewswire/ -- The U.S. Postal Service has issued two high-denomination stamps celebrating the mathematical symmetry of flowers. The $2 and $5 Floral Geometry stamps are designed for packages, large envelopes and other mailings. The stamps were released today without a ceremony.
The natural world is full of patterns and beauties of form that inspire artists. The Floral Geometry stamp art began as an exploration of the patterns found in nature — specifically the symmetry of flowers.
The stamps' art features a series of overlapping geometric shapes — including circles, ovals and triangles — that reflect the symmetry of floral patterns found in nature in their simplest forms. For these two stamps, the designs become more complex as the denominations rise. The watercolor backgrounds were painted by hand and then scanned; the white geometric lines and typography were added digitally. The background for the $2 stamp is green, and the $5 stamp's background is purple. The stamps were printed with a foil treatment that adds an elegant glimmer.
The $2 Floral Geometry stamp will be issued in panes of 10 stamps, and the $5 Floral Geometry stamp will be issued in panes of four.
Postal Products
Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide. Information for ordering first-day-of-issue postmarks and covers is at usps.com/shop.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
Please Note: For U.S. Postal Service media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Follow us on Twitter, Instagram, Pinterest and LinkedIn. Subscribe to the USPS YouTube channel, like us on Facebook and enjoy our Postal Posts blog. For more information about the Postal Service, visit usps.com and facts.usps.com.
Contact: James McKean
(C) 202-258-6586
jim.mckean@usps.gov
usps.com/news
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SOURCE U.S. Postal Service | https://www.wibw.com/prnewswire/2022/06/21/postal-service-celebrates-mathematical-beauty-flowers/ | 2022-06-21T16:46:10Z |
STOCKHOLM , Sept. 7, 2022 /PRNewswire/ -- Oncopeptides AB (publ) (Nasdaq: ONCO) (Stockholm: ONCO), a biotech company focused on research and development of therapies for difficult-to-treat hematological diseases, today announces that the company has received a research grant of 5 MSEK from Sweden's Innovation Agency, to develop preclinical proof of concept (PoC) for a novel synthetic small polypeptide for the treatment of multiple myeloma. The compound is a Natural Killer (NK) cell engaging immunotherapy, with superior tissue penetration and immune cell activation. The NK ENGAGE project has been qualified as a Eurostars program and will be driven by a research consortium including the department of Cancer Immunology at Oslo University Hospital, Norway, Pharmatest Services Ltd in Turku, Finland, and Oncopeptides, together with its collaborator the Royal Institute of Technology in Stockholm, KTH, where the technology originally stems from.
"I am very proud and exhilarated that we have managed to attract world-leading expertise to our research consortium around NK-cell engagers," says Jakob Lindberg, CEO, Oncopeptides AB. "This grant makes it possible to further advance the NK Engage project, that is built on our proprietary technology platform for Small Polypeptide based Killer Engagers (SPiKE) and prepare this compound for clinical development."
"We are very excited about joining this consortium and believe that the SPiKEs have a great potential to boost NK cell targeting of multiple myeloma," says Fredrik Schjesvold, Head of Oslo Myeloma Center, Norway.
The project is supported by a research grant from Sweden's Innovation Agency. By project completion, the efficacy of the lead compound will be validated in a novel preclinical model. The data package generated in NK Engage, enables Oncopeptides to enter final preclinical studies including IND enabling studies, and subsequently start clinical development. Following a successful phase 1 trial, a strong data package will be generated to support further development of the candidate drug. The project is expected to start on October 1, 2022 and will continue for 36 months.
For further information, please contact:
Rolf Gulliksen, Global Head of Corporate Communications, Oncopeptides AB (publ)
E-post: rolf.gulliksen@oncopeptides.com
Mobile: + 46 70 262 96 28
About NK-ENGAGE research consortium
The Department of Cancer Immunology at Oslo University Hospital, Norway, Pharmatest Services Ltd in Turku, Finland, Oncopeptides and its collaborator the Royal Institute of Technology in Stockholm, Sweden have formed a research consortium for the Eurostars project entitled Novel Synthetic Polypeptides for Natural Killer Cell-mediated Immunotherapy for the Treatment of Multiple Myeloma. The aim is to develop and provide preclinical proof of concept for a novel synthetic small polypeptide for NK cell-based immunotherapy as treatment for multiple myeloma which will be validated in a novel pre-clinical humanized model.
About Multiple Myeloma
Multiple myeloma is a cancer that originates in plasma cells, a type of white blood cells which produce antibodies to help fight infection, and cause cancer cells to accumulate in the bone marrow. Multiple Myeloma is the second most common hematologic malignancy, and accounts for approximately 1-2% of all new cancer cases, with a global incidence rate of 1.7 per 100,000 and an age-standardized incidence rate of 2.1-3.4 per 100,000 in France, Germany, Italy, Spain, and the UK. An estimated 35,842 patients were diagnosed in the EU27 during 2020, with an estimated 23,275 deaths due to the disease (ECIS 2020).
Patients with multiple myeloma may have symptom-free periods, but the disease always relapses, and patients may become refractory to all available treatment options due to mutations and/or clonal evolution of the tumor cells. A growing subset of patients are triple-class refractory, and develop disease refractory to immunomodulatory drugs, proteasome inhibitors, and CD38- targeting monoclonal antibodies. These patients have a very short expected overall survival.
About Oncopeptides
Oncopeptides is a biotech company focused on research and development of therapies for difficult-to-treat hematological diseases. The company uses its proprietary PDC platform to develop peptide-drug conjugated compounds that rapidly and selectively deliver cytotoxic agents into cancer cells. The first drug coming from the PDC platform, Pepaxto® (INN melphalan flufenamide), also called melflufen was granted accelerated approval in the U.S., on February 26, 2021, in combination with dexamethasone, for treatment of adult patients with relapsed or refractory multiple myeloma. The Company voluntarily withdrew the drug on October 22, 2021, and then rescinded the withdrawal on January 21, 2022, based on comprehensive analyses of additional data. Due to regulatory hurdles the product is currently not marketed in the U.S. On August 18, 2022, the European Commission granted Pepaxti® (melphalan flufenamide) in combination with dexamethasone, marketing authorization in the European Union and countries in the European Economic Area, for the treatment of adult patients with triple class refractory multiple myeloma. Oncopeptides is developing several new compounds based on its technology platforms. The company is listed in the Mid Cap segment on Nasdaq Stockholm with the ticker ONCO. More information is available on www.oncopeptides.com.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
https://mb.cision.com/Main/15404/3627029/1624278.pdf Oncopeptides receives 5 MSEK grant for NK-cell engager project in multiple myeloma
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SOURCE Oncopeptides AB | https://www.kxii.com/prnewswire/2022/09/07/oncopeptides-receives-5-msek-grant-nk-cell-engager-project-multiple-myeloma/ | 2022-09-07T16:28:25Z |
Astley celebrates ‘Never Gonna Give You Up’ turning 35
Thirty-five years ago Wednesday, the journey began that has blessed us with one of the best things the internet ever birthed.
Rick Astley’s song “Never Gonna Give You Up” was released on this day in 1987 and led to the now famous “Rickrolling” phenomenon, an internet bait-and-switch using disguised hyperlinks to Astley’s video for the song.
“Never Gonna Give You Up” was the lead single from Astley’s debut full-length album, “Whenever You Need Somebody.”
The song quickly become a worldwide hit, charting at No.1 in 25 different countries, including the United States.
In the UK, the song topped the charts for five weeks and was the highest-selling single of 1987 there.
“Never Gonna Give You Up” has just been certified five-times platinum in the United States by the RIAA.
To celebrate that and the anniversary, fans can this week participate in a Spotify Canvas Competition in which they are invited to film a video of themselves dancing like Astley to potentially be used as the visualizer canvas for the song while streaming it on Spotify.
Shawn Mendes cancelS tour citing mental health issues
Pop singer Shawn Mendes has canceled the rest of his tour, weeks after he postponed concert dates to tend to his mental health.
The Grammy nominee “wasn’t totally prepared for the toll that being back on the road would take on (him)” and decided to cancel the tour after consulting with “an incredible group of health professionals,” he told fans in a statement shared to his social media accounts.
“I started this tour excited to finally get back to playing live after a long break due to the pandemic, but the reality is I was not at all ready for how difficult touring would be after this time away,” he said. “It has become more clear that I need to take the time.”
Hawke says daughter provided inspiration for latest project
A father-daughter heart-to-heart — or, in this case, Hawke-to-Hawke — helped Ethan Hawke while he was working on his latest project.
In a recent interview with CNN’s “New Day,” Hawke told Brianna Keilar and John Berman that his daughter Maya, an actress on Netflix’s “Stranger Things,” provided inspiration when he needed it most amid production on “The Last Movie Stars,” which tells the love story and careers of actors Joanne Woodward and Paul Newman.
“This was my pandemic project. I was stuck by myself trying to make sense out of this huge life,” he explained. “I was trying to make sense out of it so all the people closest to me — my children, my wife — never heard me shut up about it. And then I realized in zooming with my daughter that...in every relationship there isn’t this one person and one person.
There’s this shared space that is the two people together.”
— From wire reports
That conversation and epiphany helped guide Hawke’s scope for the six-part documentary, which was produced by CNN Films and is streaming now on HBO Max (which like CNN is owned by Warner Bros. Discovery).
It was directed by Hawke and features narration by George Clooney, Laura Linney and others.
The 51-year-old is no stranger to stepping behind the camera, having directed 2018’s “Blaze,” but has been open about the possibility of winding down his acting days, declaring in one interview that he felt like he was entering his “last act” in movies.
“Well, don’t worry, it’s going to be a long act,” he said, clarifying his comments. “I highly recommend you get your coffee. I’m not going anywhere.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
— From wire reports
Mendes performed a number of shows already, appearing in Sacramento, California, as well as cities around Canada. But after the initial run of shows, Mendes told fans earlier this month in a now-deleted post that he was taking time off from tour to address mental health concerns.
The Canadian-born performer has been transparent with fans about his health challenges. In April, he tweeted a screenshot of an iPhone Note he’d written that said he often “feels like he’s either flying or drowning.”
“sometimes i really don’t care what people think and i feel free,” he wrote. “most of the time its a struggle tho [sic].”
Mendes announced his breakup from singer and “Señorita” duet partner Camila Cabello in November. A few months after their breakup, Mendes told SiriusXM’s “Morning Mashup” that he was “giving (himself) a lot of grace” to heal from the separation. He also told Instagram followers in March that he was feeling alone after their split.
“Who do I call when I’m, like, in a panic attack? Who do I call when I’m, like, fking on the edge?” he said♦ in a video posted on Instagram. “Now I feel like finally, I’m actually on my own, and I hate that.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment-roundup-for-july-28-2022/article_f28eaa70-0ddf-11ed-be1e-47aaf61f2ace.html | 2022-07-27T20:26:48Z |
- UVeye joins with Tekion to integrate automated vehicle-inspection systems with the latest artificial intelligence-powered Automotive Retail Cloud
- General Motors dealership network will be the first to utilize the Tekion integration
DETROIT, Aug. 17, 2022 /PRNewswire/ -- – UVeye is integrating its advanced vehicle-inspection systems with Tekion's end-to-end cloud-native platform, Automotive Retail Cloud (ARC).
The two technology companies are joining forces following UVeye's recent collaboration with General Motors. The collaborative effort will enable dealers that utilize Tekion's ARC to benefit from the seamless integration of UVeye systems.
"Our partnership with Tekion is just one of many steps UVeye is taking to improve and revolutionize the customer-service experience at dealerships through unprecedented levels of transparency," says Amir Hever, the company's CEO and co-founder.
By combining UVeye's AI-powered vehicle scanning devices with Tekion's innovative cloud-native software, service customers and dealership employees will be able to receive comprehensive vehicle-condition reports instantaneously. The reports are designed to provide clarity and enhance the customer-service experience by helping users decide on the best service solutions possible.
Customers simply can drive through UVeye scanning units at the entrance of the dealership service department. Detailed reports then are delivered via text message, email or through Tekion's personalized consumer portal in ARC. Not only can the reports eliminate guesswork, but they also build customer trust through transparency.
Carl Black Chevrolet, Buick, GMC of Kennesaw, Georgia, is the first GM dealer to integrate UVeye's advanced vehicle-inspection systems with Tekion's game-changing Automotive Retail Cloud.
"We're incredibly excited to be collaborating with Tekion to provide an extraordinary experience for dealership customers across the country in the coming months," notes Hever. "With our integration into Tekion's ARC, GM customers and dealerships now can benefit from stronger and more transparent relationships from the data we provide both parties. It's a win-win for everyone."
The UVeye product suite includes three AI-driven systems that can detect mechanical issues such as fluid leaks and component and body damage as well as missing parts or modifications. They also can measure tire-tread depth, detect uneven wear and read sidewall information.
UVeye systems then summarize tire, underbody and exterior inspection data into a single detailed vehicle-condition report that instantly can be relayed to both customers and dealership service personnel.
"We look forward to working with UVeye to deliver a seamless and superior experience to consumers during their vehicle service experience," says Jay Vijayan, CEO and founder of Tekion. "Through this collaboration, consumers can access important safety data about their vehicle and in turn, dealers are improving efficiency and providing added value to their guests. This is another step in modernizing automotive retail."
About UVeye
Established in 2016, UVeye created one of the world's first fully automated and comprehensive vehicle inspection systems. Earlier this year UVeye's inspection technology was integrated with CDK's Fortellis Automotive Commerce Exchange. The company also plans to make its service-department technology available to new- and used-car dealers through other automotive retail-management systems.
Utilizing a bespoke combination of proprietary algorithms, cloud architecture, artificial intelligence, machine learning and sensor-fusion technologies, the company's groundbreaking drive-thru systems can detect any external or mechanical flaws and identify anomalies, modifications or foreign objects under and around any side of a vehicle within seconds.
Detections include but are not limited to oil leaks, exterior imperfections such as scratches and dents, tire sidewall and tread issues and other forms of underbody damage. Originally developed for use in the homeland security industry, UVeye expanded its technology applications to the auto industry, revolutionizing the multipoint inspection process and improving the customer experience by scanning for and identifying a wide variety of quality and repair concerns. Additional information is available at www.uveye.com.
About Tekion
Disrupting a 50-year reliance on aging Dealer Management System platforms, Tekion has challenged the paradigm with the first and fastest cloud-native automotive retail platform, Automotive Retail Cloud (ARC). This transformative dealership software platform uses cutting-edge technology, big data, machine learning, and AI to seamlessly bring together OEMs, retailers/dealers and consumers. With its highly configurable integration and greater customer engagement capabilities, ARC is simplifying the dealer/consumer relationship and journey. Founded in the Silicon Valley, Tekion employs over 2,000 innovators globally. For more information, visit www.tekion.com.
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SOURCE UVeye | https://www.wibw.com/prnewswire/2022/08/17/uveye-tekion-partner-enhance-dealership-customer-service-experience/ | 2022-08-17T16:49:28Z |
Show us your Graduates!
Northeast Kansas High School and College Class of 2022 photo gallery
Published: May. 14, 2022 at 7:19 AM CDT|Updated: 33 minutes ago
Graduation season is a time for family and friends to come together and celebrate the accomplishments of their high school or college student(s). Here’s the opportunity to brag about your grad with a photo or photos that we could use on 13 NEWS. Feel free to include their school, notable accomplishments (like scholarships, GPA, awards), and plans for the future.
Congratulations to the Class of 2022!
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/14/show-us-your-graduates/ | 2022-05-14T12:52:46Z |
$121.5M settlement in New Mexico clergy sex abuse scandal
SANTA FE, N.M. (AP) — One of the oldest Catholic dioceses in the United States announced a settlement agreement Tuesday to resolve a bankruptcy case in New Mexico that resulted from a clergy sex abuse scandal.
The tentative deal totals $121.5 million and would involve about 375 claimants.
The proposed settlement comes as the Catholic Church continues to wrestles with a sex abuse and cover-up scandal that has spanned the globe. Some of the allegations in New Mexico date back decades.
The chairman of a creditors committee that negotiated the agreement on behalf of the surviving victims and others said it would hold the Archdiocese of Santa Fe accountable for the abuse and result in one of the largest diocese contributions to a bankruptcy settlement in U.S. history.
It also includes a non-monetary agreement with the Archdiocese to create a public archive of documents regarding the history of the sexual abuse claims, committee chairman Charles Paez said.
“The tenacity and courage of New Mexico survivors empowered us to reach a recommended settlement that addresses the needs of the survivors on a timely basis,” he said in a statement Tuesday.
The Archdiocese of Santa Fe filed the Chapter 11 bankruptcy case seeking protection from creditors in 2018.
The settlement still must be approved by the abuse victims. It includes funds from sales or property and other assets, contributions from parishes and insurance proceeds. It does not include settlement of any claims against any religious orders, lawyers for both sides said.
“The church takes very seriously its responsibility to see the survivors of sexual abuse are justly compensated for the suffering they have endured,” John C. Wester, archbishop of Santa Fe, said in a statement Tuesday.
“It is our hope that this settlement is the next step in the healing of those who have been harmed,” he said.
In New Mexico, some 74 priests have been deemed “credibly accused” of sexually assaulting children while assigned to parishes and schools by the Archdiocese, which covers central and northern New Mexico.
Established in the 1850s after the Mexican-American War, the Archdiocese of Santa Fe filed for reorganization in late 2018 to deal with a surge of claims. An estimated $52 million has been paid in out-of-court settlements to victims in prior years.
“No amount of money can undo the pain and trauma that our clients and their families have suffered,” Dan Fasy, a lawyer who represented some of the victims, said Tuesday. “But we hope this settlement can bring some form of closure and healing to the abuse survivors we were privileged to represent.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/18/1215m-settlement-new-mexico-clergy-sex-abuse-scandal/ | 2022-05-18T10:37:43Z |
MIAMI, Aug. 30, 2022 /PRNewswire/ -- Pinpoint Payments Inc., a global leader in payment processing solutions and POS Systems, has been ranked as one of the fastest-growing private U.S. companies, earning a place on Inc. Magazine's 39th annual Inc. 5,000 list for a fifth year in a row.
The prestigious list, released by Inc. Magazine, ranks privately-held companies based on revenue growth over the past three years.
"This accomplishment is an indication of our unwavering commitment to supporting the growth of our retail and eCommerce business customers," said CEO Ben Grossman. "We're not just another solutions provider, we're a payment processing partner with a strong team focused on ensuring top notch customer service."
Pinpoint Payments ranked 281st on the Inc. 5000 list in financial services and 148th in Miami.
With expertise in retail, cbd, small and medium sized businesses, Pinpoint specializes in finding the right banking fit for companies based on the services they need. Services include charge back management and fraud prevention.
"The payment processing landscape can be overwhelming, we make it easier for our customers so they can focus on what they do best," Grossman said.
The company's growth was fueled most recently by the launch of Peak POS. The customizable point of sale system includes an array of modern terminals to process a full range of payment options along with a hassle-free loyalty and rewards programs, comprehensive inventory control, scheduling, and extensive data tracking.
Pinpoint Payments is a global leader in payment processing solutions with an A+ rating from the Better Business Bureau. Since 2013, Pinpoint has helped thousands of merchants cut costs, boost profits and expand their business with solutions that are simple and secure. Learn more at www.pinpointpayments.com
Contact: Ben Grossman: ben@pinpointpayments.com
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SOURCE Pinpoint Payments Inc. | https://www.kxii.com/prnewswire/2022/08/30/pinpoint-payments-named-inc-5000-list-americas-fastest-growing-companies-fifth-year/ | 2022-08-30T14:56:21Z |
End of an era: Last Howard Johnson’s restaurant closes its doors
Published: Jun. 2, 2022 at 10:15 AM EDT|Updated: 46 minutes ago
ALBANY, N.Y. (WTEN) – The last standing Howard Johnson’s restaurant in the United States is closed for business.
The restaurant in Lake George, New York, recently shut its doors and the property is now for lease.
The location had been a popular summer vacation spot for most of the past 70 years.
It’s the end of an era for Howard Johnson fans.
The restaurant, nicknamed HoJo, was once America’s largest restaurant chain. It was a roadside staple in the 1960s and 70s with about a thousand locations.
A part of the legacy still lives on, however. The Howard Johnson’s hotel chain has about 300 locations and is currently owned by hotel giant Wyndham.
Copyright 2022 WTEN via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/02/end-an-era-last-howard-johnsons-restaurant-closes-its-doors/ | 2022-06-02T15:01:51Z |
Attorneys from Houston trial boutique named to the prestigious legal guide for 2023
HOUSTON, Aug. 22, 2022 /PRNewswire/ -- The trial attorneys at Blizzard Law PLLC have been named to the 2023 edition of Best Lawyers in America, one of the most reliable and respected legal guides in the country.
Firm founder Ed Blizzard is honored for his work in personal injury litigation on behalf of plaintiffs. With over 40 years' experience handling complex litigation involving personal injury and mass tort claims, Mr. Blizzard has developed a national reputation for securing favorable verdicts for his clients and has been recognized by Best Lawyers in America each year consecutively since 2003.
"These honors give me more motivation to continue to pursue justice for my clients," said Mr. Blizzard. "I am thankful to my peers in the legal industry who made this recognition possible, and for the team we have built at the firm."
Repeat honoree and trial lawyer Anna Greenberg is recognized by Best Lawyers in America for her work in mass tort litigation and class action lawsuits on behalf of plaintiffs. Ms. Greenberg has developed a reputation for a tenacious pursuit of justice and has extensive experience in a wide variety of practice areas. Her recent accolades include being named on The National Trial Lawyers Top 40 under 40 list.
"This recognition is a testament to our dedication to the legal industry and to our clients," said Ms. Greenberg. "We are very thankful and thrilled to know our peers acknowledge our hard work, commitment and results."
Recently, the team at Blizzard Law was also honored by the National Law Journal and Texas Lawyer for their record verdict against Hilton in a sexual assault case that resulted in a $44 million verdict rendered by a jury.
Since launching in 1983, Best Lawyers in America has become a definitive guide to legal excellence and the top legal talent in the country. One of oldest peer-review guides in the nation, Best Lawyers compiles its list from surveys of tens of thousands of attorneys nationwide followed by a rigorous vetting by the magazine's research staff.
For more information about Best Lawyer's methodology or for a complete list of this year's honorees, visit www.bestlawyers.com/
Media Contact:
Alyssa Woulfe
800-559-4534
alyssa@androvett.com
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SOURCE Blizzard Law | https://www.kxii.com/prnewswire/2022/08/22/blizzard-law-attorneys-earn-best-lawyers-america-recognition/ | 2022-08-22T17:53:25Z |
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