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NEW ORLEANS, Aug. 26, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 17, 2022 to file lead plaintiff applications in a securities class action lawsuit against MINISO Group Holding Limited (NYSE: MNSO), if they purchased or acquired the Company's securities pursuant and/or traceable to the Company's October 2020 initial public offering (the "IPO"). This action is pending in the United States District Court for the Central District of California.
MINISO investors should visit us at https://claimsfiler.com/cases/nyse-mnso/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
MINISO and certain of its executives are charged with failing to disclose material information in its IPO Registration Statement, violating federal securities laws.
On July 26, 2022, market researcher Blue Orca Capital reported on a myriad of issues involving the China-based company, including that "there is overwhelming evidence that MINISO misleads the market about its core business" and that "Chinese corporate filings also indicate, in our view, that the chairman siphoned hundreds of millions from the public company through opaque Caribbean jurisdictions as the middleman in a crooked headquarters deal," among other things.
On this news, the price of MINISO's American Depositary Shares fell $1.08, or 14.98%, to close at $6.13, on unusually heavy trading volume.
The case is Ashraf v. MINISO Group Holding Limited, No. 22-cv-05815.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler | https://www.kxii.com/prnewswire/2022/08/27/miniso-group-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-miniso-group-holding-limited-mnso/ | 2022-08-27T04:32:42Z |
Russian military-linked hackers target Ukrainian power company, investigators say
By Sean Lyngaas, CNN
A Russian military-linked hacking group has attempted to infiltrate Ukrainian power substations and deploy malicious code capable of cutting electricity, Ukrainian government officials and private investigators said Tuesday.
The cyberattack appears to have been thwarted, and the Ukrainian government Computer Emergency Response Team said it had prevented the attackers from “carrying out [their] malicious intent.” Victor Zhora, a senior Ukrainian cybersecurity official, told CNN that the hack attempt did not affect the provision of electricity at the power company.
The US Cybersecurity and Infrastructure Security Agency was working closely with Ukrainian officials to understand the incident and share any relevant information to protect US infrastructure, CISA Director Jen Easterly tweeted Tuesday.
The hackers blamed for the incident — a group known as Sandworm that the US Justice Department has attributed to Russia’s GRU military intelligence agency — are of top concern to cybersecurity researchers around the world because they cut power in parts of Ukraine in 2015 and 2016.
In the recent incident, the hackers tried to deploy malicious code “against high-voltage electrical substations in Ukraine” on April 8, and appeared to make preparations for the attack two weeks prior, according to cybersecurity firm ESET, which investigated the hack.
It’s the type of advanced cyberattack that many US officials and cybersecurity analysts predicted would accompany Russia’s invasion of Ukraine.
“A lot of people were expecting something like this to happen, with critical infrastructure targeted by really advanced malware,” Jean-Ian Boutin, ESET’s director of threat research, told CNN.
While this hack may have been thwarted, prior Sandworm hacks in Ukraine have been disruptive.
A 2015 cyberattack that US officials pinned on Sandworm cut power for about a quarter million people in Ukraine. A follow-up hack in 2016 on an electrical substation outside of Kyiv caused a smaller blackout and the malicious code used was more sophisticated, according to analysts.
The hacking tool used in the recent attempted cyberattack on the Ukrainian power company was a variation of the malicious software known as Industroyer that was used in the 2016 hack, ESET researchers said.
“It is something that we don’t see often. And the fact that Industroyer was used years ago … this is very significant,” Boutin said.
US officials have been closely monitoring suspected Russian cyberattacks against Ukrainian critical infrastructure before and after Russia’s invasion on February 24. The White House on February 18 blamed a separate hacking incident, which temporarily knocked Ukrainian government and bank websites offline, on the GRU.
CNN has reached out the White House for comment on the alleged hacking attempt against the Ukrainian power company.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/12/russian-military-linked-hackers-target-ukrainian-power-company-investigators-say/ | 2022-04-12T15:07:21Z |
NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Carvana Co. ("Carvana" or the "Company") (NYSE: CVNA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Carvana investors who were adversely affected by alleged securities fraud between May 6, 2020 and June 24, 2022. Follow the link below to get more information and be contacted by a member of our team:
CVNA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Carvana faced serious, ongoing issues with documentation, registration, and title with many of its vehicles; (2) as a result, Carvana was issuing unusually frequent temporary plates; (3) as a result of the foregoing, Carvana was violating laws and regulations in many existing markets; (4) as a result of the foregoing, Carvana risked its ability to continue business and/or expand its business in existing markets; (5) as a result of the foregoing, Carvana was at an increased risk of governmental investigation and action; (6) Carvana was in discussion with state and local authorities regarding the above-stated business tactics and issues; (7) Carvana was facing imminent and ongoing regulatory actions including license suspensions, business cessation, and probation in several states and counties including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina; and (8) as a result, Defendants' statements about Carvana's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT'S NEXT? If you suffered a loss in Carvana during the relevant time frame, you have until October 3, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/08/18/cvna-lawsuit-alert-levi-amp-korsinsky-notifies-carvana-co-investors-class-action-lawsuit-upcoming-deadline/ | 2022-08-18T11:01:47Z |
As financial institutions face new and diverse data demands, Citi Ventures' investment in Matillion underscores the need for accelerated, cloud-native data integration
DENVER and MANCHESTER, England, June 7, 2022 /PRNewswire/ -- Matillion, the leading enterprise cloud data integration platform, today announced that Citi Ventures has made a strategic investment in the company, contributing to its recent valuation of $1.5B. As organizations across sectors struggle to manage cloud data, Matillion plays a critical role in the modern enterprise data stack, integrating data from customer platforms and cloud infrastructures to automate and orchestrate data management and analytics, empowering businesses to accelerate decision-making.
For enterprise financial service companies, ensuring data quality is critical to maintaining regulatory compliance while driving innovation to stay ahead of the competition. As part of the modern enterprise data stack, Matillion empowers financial institutions such as Western Union, Pacific Life insurance, Lima One Capital and more with a low-code/no-code platform to automate data loading, transformation, and synchronization across the organization, ultimately increasing the value of data while enforcing data quality and security. Citi Ventures' support of Matillion signals how critical cloud-native data integration is to this industry.
"Financial services organizations need timely, quality data from a myriad of sources to make real-time decisions that impact everything from asset allocation to customer experiences," said Matthew Scullion, cofounder and CEO, Matillion. "Citi Ventures recognizes the value in our low-code approach to cloud-native data integration, as we enable organizations across industries to more quickly build data pipelines and drive more impactful business outcomes."
"As the amount of data stored in the cloud grows exponentially, it has become even more critical for enterprises to be able to glean meaningful insights from both on-premises and cloud applications that can drive real-time decisions. Matillion is providing an exciting solution to this challenge," said Vibhor Rastogi, Global Director, AI/ML investments, Citi Ventures. "At Citi Ventures, we understand well how Matillion's work to streamline cloud-native data integration can change the game for financial institutions and more, and look forward to supporting the team as it continues to add significant value to its customers."
For further data transformation industry updates and perspectives, follow Matillion on Twitter @Matillion and LinkedIn at https://www.linkedin.com/company/matillion-limited/. Learn more about the success Matillion customers have achieved at https://www.matillion.com/resources/case-studies/.
About Matillion
Matillion makes the world's data useful with an easy-to-use, cloud-native data integration and transformation platform. Optimized for modern enterprise data teams, only Matillion is built on native integrations to cloud data platforms such as Snowflake, Delta Lake on Databricks, Amazon Redshift, Google BigQuery, and Microsoft Azure Synapse to enable new levels of efficiency and productivity across any organization. Learn how Matillion delivers rapid returns on cloud investments for global enterprise customers at www.matillion.com.
Media Contact
Inkhouse (for Matillion)
matillion@inkhouse.com
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SOURCE Matillion | https://www.kxii.com/prnewswire/2022/06/07/matillion-announces-strategic-investment-citi-ventures/ | 2022-06-07T14:49:10Z |
WASHINGTON, June 8, 2022 /PRNewswire/ -- Following is a statement from Jen Judson, president of the National Press Club and Gil Klein, president of the National Press Club Journalism Institute on the settlement in a case brought by photographer Linda Tirado against the City of Minneapolis after Tirado was injured while covering the protests after the murder of George Floyd in May 2020.
"We hope this settlement, in which photographer Linda Tirado received $600,000, brings her some needed closure. We do note that because this was a settlement one of the key questions raised by Ms. Tirado was never tested in court and that is: did the police intentionally target journalists -- for the purpose of stopping or inhibiting news coverage -- when they fired rubber bullets into the crowd. Police actions certainly had that effect on Ms. Tirado who lost the use of one eye from a rubber bullet fired by police. Considering Ms. Tirado makes her living with her eyes, we find the settlement to be insufficient.
"The settlement comes two years after the incident and concludes a long and exhausting period of legal preparation, which appears to be part of a strategy used by authorities to demoralize and outlast journalists seeking legal redress after having been injured by police. At this time, we renew our call for more training of police – in Minneapolis and other cities – on how to interact in a professional manner with working journalists. It should come as no surprise that journalists will cover protests. Police must be prepared to interact in a peaceful and respectful way when they do."
In 2020 Linda Tirado was the Club's John Aubuchon domestic Press Freedom Honoree, the Club's highest honor for press freedom.
Founded in 1908, the National Press Club is the world's leading professional organization for journalists. The Club has 3,000 members representing nearly every major news organization and is a leading voice for press freedom in the U.S. and worldwide.
The National Press Club Journalism Institute promotes an engaged global citizenry through an independent and free press and equips journalists with skills and standards to inform the public in ways that inspire civic engagement.
Contact: Bill McCarren, 202-662-7534 for the National Press Club
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SOURCE National Press Club | https://www.mysuncoast.com/prnewswire/2022/06/08/national-press-club-statement-settlement-linda-tirado-case/ | 2022-06-08T16:51:18Z |
STAMFORD, Conn., Aug. 24, 2022 /PRNewswire/ -- Aircastle Limited ("Aircastle" or "the Company") announced today the appointment of Roy Chandran as Chief Financial Officer as of September 1, 2022. On July 28, 2022, the Company had announced the resignation of Aaron Dahlke, as Chief Financial Officer, and that Mr. Chandran would serve as the Interim Chief Financial Officer until a successor was identified.
Mike Inglese, Aircastle's CEO, commented, "We are pleased to have Roy succeed Aaron as our Chief Financial Officer, particularly given his extensive capital markets experience and relationships. Roy's willingness to immediately step into the interim assignment and quickly accept the permanent role underscores the depth of our management bench and succession planning processes."
Roy Chandran was appointed Aircastle's Chief Strategy Officer in March 2020. Prior to joining Aircastle in May 2008, Mr. Chandran was a Director at Citi in the Global Structured Solutions Group, having originally joined Salomon Brothers in 1997. Mr. Chandran holds a BS in Chemical Engineering from the Royal Melbourne Institute of Technology, Australia and obtained his MBA from the International Institute of Management Development, Switzerland.
About Aircastle Limited
Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of May 31, 2022, Aircastle owned and managed on behalf of its joint ventures 250 aircraft leased to 74 customers located in 44 countries.
Contact:
Aircastle Advisor LLC
Jim Connelly, SVP ESG & Corporate Communications
Tel: +1-203-504-1871
jconnelly@aircastle.com
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SOURCE Aircastle Limited | https://www.wibw.com/prnewswire/2022/08/24/aircastle-appoints-roy-chandran-chief-financial-officer/ | 2022-08-24T12:37:24Z |
SAN DIEGO, July 25, 2022 /PRNewswire/ -- Lug, the popular lifestyle brand of handbags and accessories, is pleased to announce its recent support of the Her Universe Fashion Show at San Diego Comic-Con on Thursday, July 21st, co-hosted by Nina West and Ashley Eckstein.
The Her Universe Fashion Show was held on Thursday, July 21st at 6 pm PST at the Harbor Ballroom, Manchester Grand Hyatt Hotel. Lug is proud to support the budding designers and be the Official Bag of the event, where 300 VIPs/Designers/Influencers were gifted with an exclusively designed iconic Lug Puddle Jumper tote bag in Violet to match the HER Universe branding. Additionally, 3,000 general admission attendees received a HU branded Lug luggage tag.
"We are excited to support our good friend, Ashley Eckstein, and Her Universe with one of our brand's signature bags, the Puddle Jumper. It's the perfect carry-all bag loaded with pockets that we know recipients will find useful as they carry their goodies throughout Comic-Con. We look forward to furthering our relationship with HU with some exciting collaborative projects that are on the horizon!" said Ami Richter, Lug Co-founder and Designer.
About Lug
Founded in 2005 by Ami and Jason Richter, Lug's unique silhouettes and thoughtful designs keep you organized throughout your day. Featuring fashionable bags and accessories in brilliant colors and novelty patterns, Lug provides solutions to everyday life with both function and fashion in mind.
The following year, Lug's Puddle Jumper bag caught Oprah's attention, and it was featured on the "O List" in O Magazine, popularizing the brand among female travelers.
In 2015, Lug launched on QVC to great success, where its products are featured in broadcasts that reach over 100 million American households. Lug received the QVC Star Award for Customer Experience in 2016 and the QVC Star Award for Customer Experience in 2017.
Lug was chosen as the official bag of the 2018, 2019, and 2020 SAG Awards Gala Gift Bags.
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SOURCE The Lug Companies | https://www.kxii.com/prnewswire/2022/07/25/lug-showcased-official-bag-2022-her-universe-fashion-show-san-diego-comic-con/ | 2022-07-25T19:08:17Z |
One of the biggest quandaries along the streets of Belton in 1921: Was Rostelle G. Hooser a criminal or merely an innocent victim in the escalating culture war?
A machinist at a Belton oil mill, Hooser (1900-1929) said he didn’t know he was breaking the law when he whistled and called out to a gaggle of Baylor Female College coeds walking along Belton streets with their chaperone.
Hooser was charged with the shocking crime of flirting with the coeds attending what is now the University of Mary Hardin-Baylor. The ordinance was the Belton government’s response to numerous complaints from coeds about these pavement lotharios.
The Belton Journal reported that young women were experiencing “annoying, harassing and embarrassing” behavior by men, “to such an extent that (the women’s) peace of mind and personal comfort have been disturbed.”
Administrators at Baylor Female College complained to councilmen in Belton and Temple about these disrespectful “mashers.” Baylor Female College officials insisted the issue was an emergency; so, the city council suspended its rules for three readings of the proposed ordinance and enacted it immediately in October 1920.
Belton reacted swiftly and quietly by passing the “no flirting” law with little fanfare and scant public notice. The council also set the fine at a maximum of $25.
Yet, some forward-thinking women questioned why these anti-flirting ordinances were necessary, given their new freedoms espoused by the Roaring 1920s. Syndicated columnists — including women columnists in Temple and Belton newspapers — claimed that those “Thoroughly Modern Millies” were able to take care of themselves, thank you very much. As such, the changing status of women and families through the 1920s decade made anti-flirting ordinances old-fashioned and all but obsolete, they said.
One thing was certain: Belton police, serving as guardians of peace and propriety, were vigilant in curtailing cat-calling scofflaws ruffling the pristinely susceptible coeds.
Baylor Female College was the pride of the county seat city, and Belton was going to protect its reputation.
The year 1920 was a significant turning point in the all-women’s school since it moved to Belton from Independence in 1886. That year, the school celebrated the 50th year of its founding in 1845, the campus experienced explosive growth in enrollment and construction.
Upper-class women were housed in nearby homes along College, Seventh and Eighth streets.
Complaints about salacious advances increased as the numbers of coeds grew.
Ordinance in hand, Belton police remained vigilant for sleazy behavior to enforce the city’s reputation for a safe place for families to place their young adult daughters. “You are liable to get picked up in Belton now if you go about on the streets flirting with girls or women and practicing the masher’s tactics and antics,” the Temple Daily Telegram reported.
The ordinance also defined the term “flirt” to mean “any word, sign, act or motion uttered or made by any person toward another which is reasonably calculated to have been made with the intention … of playing at courtship with such other person.”
A year after the ordinance passed, Hooser was caught, pleaded guilty and paid his fine — all $10 of it. He was fortunate. In Gilbert and Sullivan’s operetta, “The Mikado” decreed that “all who flirted, leered or winked (unless connubially linked) should forthwith be beheaded.”
The good news for him was that Belton authorities considered his offense only a misdemeanor.
On the other hand, Temple, faced with similar complaints, decided to consider the request. Meanwhile the Daily Telegram in a fit of piqued, manly snark accused Belton city fathers of ending “the joy in flirting.”
Belton was not the only Texas city to pass a “no-flirting” ordinance. Other cities may or may not have actively enforced the law. It was all part of a statewide crackdown through the 1920s on what many considered immorality and government attempts to regulate questionable behavior.
Even more ominous, anti-flirting laws, such as Belton’s, kept minorities “in line” and were justifications for fining and jailing African-American men giving sideways glances to white women.
Georgetown followed Belton with its own ordinance, also in 1920. “The most interesting thing about the ordinance is that it gives us, at least, an authoritative legal definition of the term ‘flirting,’” reported the Georgetown Sun newspaper. Included in its ordinance were the words “kissy” and “smack,” to eliminate any semantical misinterpretations.
Abilene was vexed by similar problems. The home of three church-related colleges, the West Texas city grappled with coeds complaining of unwanted advances. The city leaders outlawed flirting, whistling and “goo-goo eyes” in a 1925 ordinance with fines up to $200.
The Abilene ordinance included words, signs, gestures, winks, facial expressions and “looks” to attract attention of the opposite sex, other than a friend or acquaintance. It also forbad loiterers in stores, theaters, movie houses, businesses or doorways with “come hither” intentions.
Always forward-thinking, the city of Dallas also outlawed flirting by mechanical means in 1921. Police cited two young men honking their automobile horns as they attempted to attract the attention of women walking along the street. Each man was fined $5 for “making a nuisance of themselves,” according to news reports.
Belton’s anti-flirting endeavors followed a nationwide effort to ban flirting in all its salacious nuances. While some communities banned flirting, other Texas cities sought to police propriety by regulating swimmers’ bathing suits and showing of movies on Sunday. One city proposed — though never passed — an ordinance to limit the height of women’s shoe heels to one inch.
By 1922, five New York businessmen founded the nationwide Anti-Flirt Crusade, devoted to “restore to our younger generation the better and sweeter things of life.”
Times changed and so did women’s self-determination. The “anti-flirt” movement all but disappeared from the papers in the late 1930s, but many cities, including Belton, still have the ordinances on the books. | https://www.tdtnews.com/news/central_texas_news/article_18346588-16b6-11ed-9e49-abb4a90dd3d7.html | 2022-08-08T04:01:38Z |
Revenue up 9% year-over-year; Net Income up 93% year-over-year;
Normalized EBITDA up 30% year-over-year
GoDaddy buys back $1 billion of shares year-to-date
TEMPE, Ariz., Aug. 3, 2022 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY), the company that empowers everyday entrepreneurs, today reported financial results for the second quarter ended June 30, 2022.
"GoDaddy's strong second quarter results reflect our focus on achieving the strategic initiatives and financial targets we laid out at our Investor Day earlier this year," said GoDaddy CEO Aman Bhutani. "We continue to adapt to the challenging macroeconomic environment, including using success-based marketing spend to drive demand where we see opportunity and investing in technology and development to drive future growth."
"GoDaddy's durable top-line growth, profitability at scale and robust cash flow continue to shine in our second quarter financial results as evidenced by solid revenue growth with margin expansion," said GoDaddy CFO Mark McCaffrey. "Along with returning $1 billion in cash to shareholders year-to-date through our share buyback program, we are actively managing investments and expenses to deliver short-term performance while keeping our eye on achieving our committed long-term goals."
Consolidated Second Quarter Financial Highlights
Business Highlights
- Annualized recurring revenue (ARR) for applications and commerce grew 12% year-over-year to $1.2 billion in the second quarter of 2022.
- ARR for core platform grew 5% year-over-year to $2.3 billion in the second quarter of 2022.
- GoDaddy drove continued strength in adoption of GoDaddy Payments for eCommerce solutions during the second quarter with 80% of Websites + Marketing commerce customers and 30% of Managed WordPress customers in the WooCommerce tier selecting GoDaddy Payments.
- GoDaddy achieved strong growth in its commerce offerings with gross merchandise volume (GMV) of $28 billion, up 12% year-over-year in the second quarter.
- GoDaddy launched Payable Domains pilot program, with full launch expected in the third quarter. Payable Domains simplifies the online payments process by providing customers a professional branded checkout and allowing them to accept payments without any other subscription.
- GoDaddy continued to innovate and enhance solutions provided to GoDaddy Pros in the second quarter, launching a beta WooSaas online store, offering a solution targeted to larger merchants. This offering simplifies user experience with exclusive functionality as well as premium extensions and features.
Share Repurchase
Year-to-date through the date of this release, GoDaddy repurchased 12.8 million shares of its common stock for an aggregate purchase price of $1 billion, with an average price per share of $78.22. These repurchases represent an approximately 8% reduction in fully diluted shares outstanding.
Balance Sheet
At June 30, 2022, total cash and cash equivalents were $770 million, total debt was $3.905 billion and net debt was $3.135 billion.
Business Outlook
For the third quarter ending September 30, 2022, GoDaddy is targeting total revenue in the range of $1.030 billion to $1.045 billion, representing year-over-year growth of 8% at the midpoint. In the third quarter ending September 30, 2022, GoDaddy expects applications and commerce revenue growth in the range of 13% to 15% and core platform revenue growth in the range of 4% to 6%.
For the third quarter ending September 30, 2022, GoDaddy is targeting normalized EBITDA in the range of $250 million to $260 million, representing year-over-year growth of 12% at the midpoint.
Due to adverse foreign exchange (FX) rate impacts today when compared to rates when GoDaddy first issued its full year revenue guidance in February, the company is revising its targeted range for total revenue in the year ending December 31, 2022. Based on an estimated adverse FX impact of approximately $35 million for the year, GoDaddy now expects total 2022 revenue to be in the range of $4.10 billion to $4.13 billion. This represents year-over-year growth of 8% at the midpoint of the range.
For the full year ending December 31, 2022, GoDaddy expects unlevered free cash flow of approximately $1.1 billion, representing growth of 15% year-over-year, versus $960 million of unlevered free cash flow generated in 2021.
GoDaddy's consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States (GAAP). GoDaddy does not provide reconciliations from non-GAAP guidance to GAAP equivalents because projections of changes in individual balance sheet amounts are not possible without unreasonable effort and presentation of such reconciliations would imply an inappropriate degree of precision. GoDaddy's reported results provide reconciliations of non-GAAP financial measures to their nearest GAAP equivalents.
Quarterly Earnings Webcast
GoDaddy will host a webcast to discuss second quarter 2022 results at 5:00 p.m. Eastern Time on August 3, 2022. To participate in the webcast, please preregister online at https://investors.godaddy.net/investor-relations/overview/default.aspx. A live webcast of the event, together with a slide presentation including supplemental financial information and reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, will be available through GoDaddy's Investor Relations website at https://investors.godaddy.net. A transcript of pre-recorded remarks will be available on the Investor Relations website at the time of the webcast. Following the event, a recorded replay of the webcast will be available on the website.
GoDaddy uses its Investor Relations website at https://investors.godaddy.net as a means of disclosing material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, investors should monitor GoDaddy's Investor Relations website, in addition to following press releases, Securities and Exchange Commission (SEC) filings, public conference calls and webcasts.
Forward-Looking Statements
This press release contains forward-looking statements which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on estimates and information available to us at the time of this press release and are not guarantees of future performance. Statements in this press release involve risks, uncertainties and assumptions. If the risks or uncertainties materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact could be deemed forward-looking statements, including, but not limited to any statements regarding: launches of new or expansion of existing products or services, any projections of product or service availability, technology developments and innovation, customer growth, or other future events; historical results that may suggest future trends for our business; our plans, strategies or objectives with respect to future operations, partner integrations and marketing strategy; future financial results; GoDaddy's ability to integrate its acquisitions and achieve desired synergies and vertical integration; the impact of the COVID-19 pandemic on our business, customers, employees and third-party partners; and assumptions underlying any of the foregoing.
Actual results could differ materially from our current expectations as a result of many factors, including, but not limited to: the unpredictable nature of our rapidly evolving market; fluctuations in our financial and operating results; our rate of growth; interruptions or delays in our service or our web hosting; breaches of our security measures; the impact of any previous or future acquisitions; our ability to continue to release, and gain customer acceptance of, our existing and future products and services; our ability to manage our growth; our ability to hire, retain and motivate employees; the effects of competition; technological, regulatory and legal developments; intellectual property litigation; developments in the economy, financial markets and credit markets, including as a result of the ongoing COVID-19 pandemic, continued escalation of geopolitical tensions, and increasing interest rates and inflationary pressures; and execution of share repurchases.
Additional risks and uncertainties that could affect GoDaddy's business and financial results are included in the filings we make with the SEC from time to time, including those described in "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2021 and in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, which are available on GoDaddy's website at https://investors.godaddy.net and on the SEC's website at www.sec.gov. Additional information will also be set forth in other filings that GoDaddy makes with the SEC from time to time. All forward-looking statements in this press release are based on information available to GoDaddy as of the date hereof. Except to the extent required by law, GoDaddy does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Non-GAAP Financial Measures and Other Operating Metrics
In addition to our financial results prepared in accordance with GAAP, this press release includes certain non-GAAP financial measures and other operating metrics. We believe that these non-GAAP financial measures and other operating metrics are useful as a supplement in evaluating our ongoing operational performance and enhancing an overall understanding of our past financial performance. The non-GAAP financial measures included in this press release should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. A reconciliation between each non-GAAP financial measure and its nearest GAAP equivalent is included in this press release following the financial statements. We use both GAAP and non-GAAP measures to evaluate and manage our operations.
Total bookings. Total bookings is an operating metric representing the total sales of products to customers in a given period, excluding refunds. We believe total bookings provides valuable insight into (i) the performance of our business since we typically collect payment at the time of sale but recognize subscription revenue ratably over the term of our customer contracts and (ii) the effectiveness of our sales efforts since refunds often occur in periods different from the period of sale for reasons unrelated to the marketing efforts leading to the initial sale.
Constant currency. Constant currency is calculated by translating bookings and revenue for each month in the current period using the foreign currency exchange rates for the corresponding month in the prior period, excluding any hedging gains or losses realized during the period. We believe constant currency information is useful in analyzing underlying trends in our business by eliminating the impact of fluctuations in foreign currency exchange rates and allows for period-to-period comparisons of our performance.
Normalized EBITDA (NEBITDA). NEBITDA is a supplemental measure of our operating performance used by management to evaluate our business. We believe that the inclusion or exclusion of certain recurring and non-recurring items is necessary to provide the most accurate measure of core operating results and permits period-over-period comparisons of our operations. We calculate NEBITDA as net income excluding depreciation and amortization, interest expense (net), provision or benefit for income taxes, equity-based compensation expense, acquisition-related costs and certain other items.
Unlevered free cash flow. Unlevered free cash flow is a measure of our liquidity used by management to evaluate our business prior to the impact of our capital structure and restructuring and after purchases of property and equipment. Such liquidity can be used by us for strategic opportunities and strengthening our balance sheet. However, given our debt obligations, unlevered free cash flow does not represent residual cash flow available for discretionary expenses.
Net debt. We define net debt as total debt less cash and cash equivalents. Total debt consists of the current portion of long-term debt plus long-term debt and unamortized original issue discount and debt issuance costs. Our management reviews net debt as part of its management of our overall liquidity, financial flexibility, capital structure and leverage and we believe such information is useful to investors. Furthermore, certain analysts and debt rating agencies monitor our net debt as part of their assessments of our business.
Gross merchandise volume (GMV). GMV is an operating metric calculated by annualizing the total quarterly dollar value of orders facilitated by our customers through our Commerce platforms, including shipping and handling, and taxes, and is shown net of discounts, and returns (where visibility exists). While GMV is not indicative of our performance, we believe it is an indicator of the strengths of our products and platforms.
Annualized recurring revenue (ARR). ARR is an operating metric defined as quarterly recurring revenue (QRR) multiplied by four. QRR represents the quarterly recurring GAAP revenue, net of refunds, from new and renewed subscription-based services. ARR is exclusive of any revenue that is non-recurring, including, without limitation, domain aftermarket, domain transfers, one-time set-up or migration fees and non-recurring professional website services fees. We believe ARR helps illustrate the scale of certain of our products and facilitates comparisons to other companies in our industry.
About GoDaddy
GoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online and in person. GoDaddy is the place people come to name their idea, build a professional website, attract customers, sell their products and services and manage their work. Our mission is to give our customers the tools, insights and the people to transform their ideas and personal initiative into success. To learn more about the company visit www.GoDaddy.com.
Reconciliation of Non-GAAP Financial Measures
The following tables reconcile each non-GAAP financial measure to its most directly comparable GAAP financial measure:
The following table provides a reconciliation of net debt:
Shares Outstanding
Shares of Class B common stock are not participating securities, and therefore do not have rights to share in our earnings. Total shares of common stock outstanding are as follows:
Source: GoDaddy Inc.
© 2022 GoDaddy Inc. All Rights Reserved.
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SOURCE GoDaddy Inc. | https://www.wibw.com/prnewswire/2022/08/03/godaddy-reports-second-quarter-2022-financial-results/ | 2022-08-03T20:34:47Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Amazon.com, Inc. ("Amazon" or the "Company") (NASDAQ: AMZN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Amazon investors who were adversely affected by alleged securities fraud between February 1, 2019 and April 5, 2022. Follow the link below to get more information and be contacted by a member of our team:
AMZN investors may also contact Joseph E. Levi, Esq. via email
at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the defendants' public statements throughout the class period were materially false and/or misleading.
WHAT'S NEXT? If you suffered a loss in Amazon during the relevant time frame, you have until July 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/06/02/amzn-lawsuit-alert-levi-amp-korsinsky-notifies-amazoncom-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T19:26:49Z |
TSX-V: MKO; OTCQX: MAKOF
VANCOUVER, BC, May 31, 2022 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") is pleased to provide financial results for the three months ended March 31, 2022 ("Q1 2022"), which is the third full quarter of financial results since declaring commercial production on July 1, 2021 at its San Albino gold mine ("San Albino") in northern Nicaragua. For detailed Q1 2022 operating results, please see the press release dated April 27, 2022. All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated.
- $17.3 million in Revenue
- $8.3 million in Adjusted EBITDA(1)
- $8.7 million in Mine Operating Cash Flow ("Mine OCF") (1) (3)
- $1.0 million in Net Loss
- $797 Cash Costs ($/oz sold) (1) (2)
- $862 Total Cash Costs ($/oz sold) (1) (2)
- $1,104 All-In Sustaining Costs ("AISC") ($/oz sold) (1) (2)
- $4.6 million of principal repayments during Q1 2022
- $1.9 million in exploration and evaluation expenses ($1.4 million at San Albino and $0.4 million at Las Conchitas)
- $2.1 million of surface rights for regional expansion added this quarter
- 401,500 shares purchased under the normal course issuer bid for total consideration of $94,340 (C$121,770)
- Two monthly repayment installments totaling $0.8 million were made on the Sailfish Loan
- Principal repayments of $0.5 million were made on the Wexford Loan
- Total principal repayment of approximately $9.0 million since the beginning of Q4 2021 to Wexford and Sailfish
Akiba Leisman, Chief Executive Officer, states that, "Q1 2022 was the third full quarter of financial results since declaring commercial production at San Albino at our initial 500 tonnes per day mine and processing plant, where 9,580 ounces were sold at $797/oz Cash Costs and $1,104/oz AISC. Costs are higher than Q4 due to an increase in diesel and other key reagents as well as an increase in waste development tonnage. The processing plant was operating at 596 tonnes per day at 87% availability (104% of nameplate capacity), as the plant has now been fully debottlenecked. The Company generated $8.3 million in Adjusted EBITDA, which excludes $1.9 million in exploration expenditures incurred in the quarter. As a result, approximately $9 million of principal has been repaid since the beginning of Q4 2021, including $4.6 million repaid in Q1 2022, and $1.3 million repaid on outstanding loans subsequent to quarter end. In addition, the $17.2 million exploration program announced in March 2022 is being funded out of cash flow, with the focus on discovering new veins and mineralization elsewhere on our property. The first results from this program are expected to be announced later this week. These extraordinary cash flows from our relatively small scale mine are expected to allow us to fund our growth with the ultimate objective of doubling capacity to 1,000 tonnes per day by next year."
Table 1 – Revenue
Table 2 – Operating and Financial Data
Table 3 – EBITDA Reconciliation
Q1 2022 - Mine OCF Calculation and Cash Reconciliation (in $ millions)
For complete details, please refer to the Consolidated Financial Statements and the associated Management Discussion and Analysis for the three months ended March 31, 2022, available on SEDAR (www.sedar.com) or on the Company's website (www.makominingcorp.com).
The Company has included certain non-GAAP financial measures and non-GAAP ratios in this press release such as EBITDA, Adjusted EBITDA, Mine Operating Cash Flow cash cost per ounce sold, total cash cost per ounce sold, AISC per ounce sold. These non-GAAP measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. In the gold mining industry, these are commonly used performance measures and ratios, but do not have any standardized meaning prescribed under IFRS and therefore may not be comparable to other issuers. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company's underlying performance of its core operations and its ability to generate cash flow.
"EBITDA" represents earnings before interest (including non-cash accretion of financial obligation and lease obligations), income taxes and depreciation, depletion and amortization.
"Adjusted EBITDA" represents EBITDA, adjusted to exclude exploration activities, share-based compensation and change in provision for reclamation and rehabilitation.
"Cash costs per ounce sold" is calculated by deducting revenues from silver sales and dividing the sum of mining, milling and mine site administration cost.
"Total cash costs per ounce sold" is calculated by deducting revenues from silver sales from production cash costs and production taxes and royalties and dividing the sum by the number of gold ounces sold. Production cash costs include mining, milling, mine site security and mine site administration costs.
"AISC per ounce sold" includes total cash costs (as defined above) and adds the sum of G&A, sustaining capital and certain exploration and evaluation ("E&E") costs, sustaining lease payments, provision for environmental fees, if applicable, and rehabilitation costs paid, all divided by the number of ounces sold. As this measure seeks to reflect the full cost of gold production from current operations, capital and E&E costs related to expansion or growth projects are not included in the calculation of AISC per ounce. Additionally, certain other cash expenditures, including income and other tax payments, financing costs and debt repayments, are not included in AISC per ounce.
"Mine OCF" represents operating cash flow, excluding Nicaraguan taxes and royalties, changes in non-cash working capital and exploration expenses.
On behalf of the Board,
Akiba Leisman
Chief Executive Officer
Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally. Mako's primary objective is to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.
Forward-Looking Information: Some of the statements contained herein may be considered "forward-looking information" within the meaning of applicable securities laws. Forward-looking information can be identified by words such as, without limitation, "estimate", "project", "believe", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" or variations thereon or comparable terminology. The forward-looking information contained herein reflects the Company's current beliefs and expectations, based on management's reasonable assumptions, and includes, without limitation, that, based on the financial results, the Company intends to announce the first results from its previously announced exploration results later this week; the Company expects to fund its growth with the ultimate objective of doubling capacity to 1,000 tonnes per day by next year and Mako's primary objective to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package. Such forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking information, including, without limitation, changes in the Company's exploration and development plans and growth parameters and its ability to fund its growth to reach its stated target capacity; unanticipated costs; and other risks and uncertainties as disclosed in the Company's public disclosure filings on SEDAR at www.sedar.com. Such information contained herein represents management's best judgment as of the date hereof, based on information currently available and is included for the purposes of providing investors with information regarding the Company's Q1 2022 financial results and may not be appropriate for other purposes. Mako does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Mako Mining Corp. | https://www.wibw.com/prnewswire/2022/05/31/mako-mining-provides-q1-2022-financial-results/ | 2022-05-31T12:24:59Z |
Health officials urge education, awareness as Kansas keeps monkeypox at bay
TOPEKA, Kan. (WIBW) - With monkeypox declared a public health emergency, people around Kansas might wonder how worried they need to be.
The Kansas Dept. of Health and Environment reports only two cases in the state: one in Johnson Co. in mid-July, and the other in Shawnee Co. this week.
Dr. Kavitha Rao, an infectious disease specialist with Stormont Vail Health in Topeka, says the steady rise in monkeypox cases in the U.S. since May 2022 - a virus that has been very rare in this country - has public health officials keeping a close watch.
“Monkeypox is mild and it’s usually self-limited. Very rarely it can cause severe disease so that’s the good thing about this,” Dr. Rao said.
Monkeypox symptoms usually surface 7 to 14 days after exposure. It starts with typical symptoms associated with a viral illness, like a fever, headaches or sore throat. Several days later, a rash develops.
“This rash can evolve through various stages, then finally gets scabbed and crusted, and when the lesions are all crusted you’re considered that you have recovered,” Dr. Rao said.
While Kansas has had only two cases, the U.S. had topped more than 10,000 cases in all by Thursday. The CDC’s map showed three cases in Kansas, but KDHE has only announced two.
While there’s been much talk about the high number of cases among gay men, health officials stress anyone can get it. Monkeypox is primarily transmitted through skin-to-skin contact or exposure to contaminated clothing or bedding, but also may spread through prolonged close exposure to respiratory droplets.
The public health emergency allows the U.S. to free up resources for prevention and vaccination efforts, but Dr. Rao says people do not need to panic. Unlike the COVID health emergency, monkeypox is not a new virus, and testing and vaccines already are available.
“I would educate the public to know the signs and symptoms of this infection,” Dr. Rao said. “If you have viral illness symptoms along with rash, you need to be concerned, and I would recommend if it’s mild, stay home and isolate yourself.”
Vaccine supplies are limited, so it’s reserved for high-risk patients, with exposure to a confirmed case. In the Shawnee Co. situation, health officials are contacting those who qualify for it.
Dr. Rao says the vaccine is effective within four days of exposure.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/12/health-officials-urge-education-awareness-kansas-keeps-monkeypox-bay/ | 2022-08-12T05:07:50Z |
GRAND RAPIDS, Mich., July 13, 2022 /PRNewswire/ -- Meijer achieved Gold-level status as a Veteran-Friendly Employer (VFE) from the Michigan Veterans Affairs Agency (MVAA) for its commitment to hiring, retaining and supporting military veterans.
Meijer is the first retailer to earn the MVAA's prestigious Gold-level honor as a VFE and is only the 20th to receive the Gold-level status, an achievement reached by just 3 percent of the more than 532 Michigan VFEs.
"Given the numerous Michigan team members identifying as veteran or active-duty service men and women, this recognition means a lot to us," said Tim Williams, Vice President of Diversity & Inclusion at Meijer. "Our focus is not just on hiring those who served, but also offering a workplace that values the unique strengths their service provides and offers the resources they need to thrive."
One such resource is mVets, the retailer's team member affinity group devoted to creating a safe space for service members, veterans and their allies to build community and share their voices and experiences. Meijer mVets Co-Lead, Director of Food Safety & Quality Compliance and current Army Reserve Col. Thomas McMahan played a significant role in building the submission describing the retailer's commitment to serving Meijer military service members, veterans and their families that secured the retailer's Gold-level VFE certification.
"The work mVets is doing is important to our team members," said McMahan, who's served in the U.S. Army Reserve for more than 30 years. "Not only are we supporting active and veteran service members and their families, but we're also helping to build an environment of education and understanding around what it means to have served."
MVAA, the state's central coordinating agency for Michigan's more than 550,000 veterans, launched the VFE program 8 years ago to support, recognize and enhance employers' veteran-centric initiatives. Starting with just 10 companies in 2014, the VFE program has grown to include 532 employers – 20 Gold, 57 Silver and 455 Bronze.
"Meijer is a Michigan staple and I am proud to see them become a Gold-level Veteran-Friendly Employer," MVAA Director Zaneta Adams said. "Our veterans are equipped with valuable skills and abilities that make them excellent job candidates and we are proud to see one of the nation's most trusted retailers join the ranks of other Gold-level VFEs. The work they do to hire, retain and support our veterans is part of what makes Michigan a great place to live, raise a family, work and retire."
Through the VFE program, employers are certified Bronze, Silver or Gold depending on their commitment to recruiting, training and retaining veterans. Bronze-Level Employers must commit to hiring a specific number of veterans, among other requirements, while Silver-Level Employers must meet all Bronze requirements and implement a certain number of veteran-friendly programs, such as on-the-job training.
Gold-Level VFEs must meet all Bronze and Silver requirements, show they retain a significant number of veteran employees over a 12-month period and implement a set number of veteran-centric programs.
About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 262 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the "one-stop shopping" concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.
About the Michigan Veterans Affairs Agency: Created by Executive Order in 2013, MVAA is Michigan's central coordinating agency for veterans and their families, providing support, care, advocacy and service. The agency works with the U.S. Department of Veterans Affairs, state departments, county agencies, and community and veterans service organizations throughout the state. The agency operates the Michigan Veteran Resource Service Center, a 24/7/365 call center in partnership with Michigan 211. Veterans can call 1-800-MICH-VET (800-642-4838) to get information and access a comprehensive network of resources and services. Learn more at Michigan.gov/mvaa.
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SOURCE Meijer | https://www.kxii.com/prnewswire/2022/07/13/meijer-named-michigan-gold-certified-veteran-friendly-employer-by-michigan-veterans-affairs-agency/ | 2022-07-13T14:37:21Z |
CHICAGO, June 28, 2022 /PRNewswire/ -- Creation Investments, a global alternative asset manager and leading impact investor in emerging markets, today announced it has led a US$40 million private equity investment in Progcap, a pioneer in corporate-led financing solutions for small and mid-size businesses (SMBs) in India. Existing investor Tiger Global Management is also leading this Series C extension investment round along with Google, a new investor. Existing investor Sequoia Capital India also participated.
To date, Progcap has raised approximately US$100 million in equity and will use the additional funding to support its expansion and accelerate product development.
"Progcap's progress has been exceptional. We are pleased to invest in Progcap once again as the team expands its product offering to further serve retailers in India," said Tyler Day, partner of Chicago-based Creation Investments, which manages US$1.9 billion on behalf of institutional investors, family offices and high net worth individuals.
Working at the intersection of software and financial services, Delhi-based Progcap aims to be the first full-stack retailer-focused digital bank that digitizes, automates, and eases capital movement across the supply chain to small and medium-sized businesses that have been excluded from the formal financial ecosystem.
Progcap co-founders Pallavi Shrivastava and Himanshu Chandra said: "We are delighted that our existing investors have continued to deepen their conviction in Progcap and thrilled that Google has joined us on this journey. Progcap is becoming the core operating engine for all the transactions of its customers, providing them with credit and technology solutions that make their businesses more efficient."
Progcap is successfully closing the credit gap backed by its technology and a seamless supply chain evaluation for credit assessment. The company is empowering retailers by providing them access to flexible, customized capital that matches their business growth requirements along with a host of other technology solutions to help them increase profitability, manage cash flow and expand their businesses.
Progcap is an award-winning financial technology platform that digitizes supply chains and facilitates access to finance for last mile retailers. The firm is working toward revolutionizing the way digital access is delivered to underserved segments of the Indian retail economy that empower small and medium businesses (SMBs) to progress without obstacles.
Founded by Pallavi Shrivastava and Himanshu Chandra, Progcap has already provided last-mile credit solutions of more than US$750 million through its industry-first, retailer financing platform with strong growth and outstanding portfolio quality.
The company is backed by Tiger Global, Sequoia Capital India, Creation Investments, Google, GrowX Ventures and other well-known investors. For more information, visit https://www.progcap.com/.
Creation Investments Capital Management, LLC is a global alternative asset manager and leading impact investor in emerging markets. Worldwide, Creation's investments directly help more than 28 million small businesses. The firm manages US$1.9 billion on behalf of institutional investors, family offices and high net worth individuals. Leveraging its deep industry experience, Creation partners with management teams to inject growth equity and facilitate buyout transactions in firms specializing in microfinance, small- and medium-enterprise credit, leasing, factoring, insurance, savings, payments, and mobile money. Together with its portfolio companies, and in alignment with the United Nations Sustainable Development Goals (SDGs), Creation aims to improve the lives of those at the bottom of the economic pyramid in emerging markets. For more information, visit www.creationinvestments.com.
Media Contacts
Margaret Kirch Cohen
Newton Park PR
M: +1 847-507-2229
Margaret@newtonparkpr.com
Richard Chimberg
Newton Park PR
M: +1 617-312-4281
rich@newtonparkpr.com
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SOURCE Creation Investments | https://www.kxii.com/prnewswire/2022/06/28/progcap-raises-us40-million-investment-round-led-by-creation-investments-tiger-global-google/ | 2022-06-28T16:34:49Z |
WILMINGTON, Del. (AP) — A Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar panel maker founded by two of his cousins.
The 132-page decisionissued Wednesday by Delaware Chancery Court Vice Chancellor Joseph R. Slights vindicated Musk, who appeared on the witness stand last summer during two days of often combative testimony. Musk defended his reasons for thinking it was a good idea for Tesla to buy SolarCity in November 2016, even as some analysts and some stockholders questioned the deal’s wisdom.
Musk decided to fight the lawsuit even after other directors on Tesla’s board at the time of the deal reached a $60 million settlement without an admission of fault. Had the Delaware court ruled against him, Musk could have been ordered to pay $2 billion or more at the same time he is trying close a $44 billion acquisition of Twitter. Musk has pledged to cover $21 billion of the price in the Twitter deal, which was struck earlier this week.
The long-running shareholder lawsuit alleged that Musk breached his fiduciary lawsuit by pursuing the SolarCity deal despite glaring conflicts of interest. Musk was SolarCity’s largest shareholder at the time Tesla struck the deal.
But Slights ruled the acquisition was “entirely fair,” even while conceding that “Elon was more involved in the process than a conflicted fiduciary should be.”
While shareholders had argued Musk grossly misrepresented the value of SolarCity’s technology for Tesla, Slights disagreed. Pointing to evidence showing Tesla has been able to cross-sell solar and home battery storage products to consumers who also bought Tesla cars, “the preponderance of the evidence suggests that the Acquisition was and is synergistic,” the judge wrote.
Tesla’s stock price has increased by 22-fold since the SolarCity purchase was completed, creating more than $850 billion in shareholder wealth. That apparently wasn’t lost on Slights, who observed that “Tesla’s value has massively increased following the acquisition.” | https://cw33.com/technology/ap-technology/elon-musk-prevails-in-delaware-court-case-on-solarcity-deal/ | 2022-04-28T19:05:19Z |
Contests By News Team today at 10:23 AM Published May 23, 2022 10:27 AM Share on FacebookShare on Twitter Share on Linkedin Chukars Ticket Giveaway – June 5 Contests | https://localnews8.com/play/contests/2022/05/23/chukars-ticket-giveaway-june-5/ | 2022-05-23T18:26:17Z |
Stuart McWhorter stepping down as director
NASHVILLE, Tenn., Aug. 2, 2022 /PRNewswire/ -- Stuart McWhorter is stepping down as chairman of the board of directors of Nashville-based FB Financial Corporation. He is rejoining Governor Bill Lee's administration and replacing Bob Rolfe as commissioner of the Tennessee Department of Economic and Community Development.
McWhorter will be succeeded as chair by William F. (Bill) Carpenter III, one of the nation's most accomplished health care executives. Carpenter was a founding employee of LifePoint Health, a leading healthcare company which, under his leadership, grew to become a Fortune 500 business. He served as LifePoint's Chief Executive Officer from 2006 to 2018 and was chair of its board of directors from 2010 to 2018.
"I have enjoyed my time serving FirstBank and am leaving to continue working to advance Tennessee's economic future with Governor Lee's administration," said McWhorter. "Bill Carpenter has a proven track record for many influential industry organizations, and I have full confidence in his ability to fill this seat." Prior to joining LifePoint, Carpenter was a partner at the law firm of Waller Lansden Dortch & Davis, LLP, where his practice consisted primarily of corporate finance transactions, mergers and acquisitions and health care regulatory matters. While at Waller Lansden Dortch & Davis, he also served as head of the firm's health law group.
"We have the utmost gratitude and respect for Stuart and his commitment to FirstBank, and we wish him all the best in his new role as commissioner," said Chris Holmes, President and CEO. "Bill's decades of legal and corporate experience and invaluable knowledge of the Nashville community make him an ideal fit for this role. We anticipate a seamless transition in leadership and look forward to continuing FirstBank's success under his leadership."
Throughout his professional career, Carpenter has been a devout community leader through his involvement in various organizations and boards. Additionally, Carpenter is a past member of the board of directors of the American Hospital Association, the past chairman of the boards of directors of Federation of American Hospitals and Nashville Health Care Council and past member of the board of directors of Nashville Public Radio. In addition, Mr. Carpenter has served on the boards of directors of many local community organizations, including NashvilleHealth, the Center for Medical Interoperability and United Way of Greater Nashville. He currently serves as Chairman of the Board of Trust at Montgomery Bell Academy.
About FirstBank
Nashville-based FirstBank, a wholly owned subsidiary of FB Financial Corporation (NYSE: FBK), is the third largest Tennessee-headquartered bank, with 82 full-service branches across Tennessee, South Central Kentucky, Alabama and North Georgia, and a national mortgage business with offices across the Southeast. The bank serves five of the major metropolitan markets in Tennessee and, with approximately $12.6 billion in total assets, has the resources to provide a comprehensive variety of financial services and products.
Contact:
Staci Kirpach
Staci.Kirpach@FinnPartners.com
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SOURCE FB Financial Corporation | https://www.wibw.com/prnewswire/2022/08/02/firstbank-elects-bill-carpenter-chairman-board-directors/ | 2022-08-02T21:35:06Z |
Free-Streaming Platform HBCU GO Launches Summer Lifestyle and Sports Offerings on Thursday June 23rd Sponsored by Procter & Gamble: "The Color of STEM" and "Spade A Spade"
LOS ANGELES, June 22, 2022 /PRNewswire/ -- Byron Allen's Allen Media Group (AMG) free-streaming digital platform, HBCU GO – the leading media provider for the nation's 107 Historically Black Colleges and Universities (HBCUs) – is launching a pair of exhilarating shows that appeal to the hearts and minds of their audience. Beginning Thursday, June 23, fans are invited to tune in to THE COLOR OF STEM – a docu-series that explores the latest discoveries, NFTs, and people making a difference in Science, Technology, Engineering, and Math (STEM), and SPADE A SPADE – a half-hour roundtable talk show that features teams of well-known entertainers, athletes, and influencers as they discuss topical news and views over a game of spades. Both shows are proudly sponsored by Procter & Gamble and are available to audiences across the country at HBCUGO.TV and by downloading the HBCU GO app on Roku, Amazon Fire TV, and Apple TV.
THE COLOR OF STEM – debuts on Thursday, June 23 at 11:00 am ET. This docuseries explores how access to STEM programs has impacted the lives of Black students across the country by creating opportunities for students to secure jobs in science, technology, engineering, mathematics and to compete in the global marketplace. Each episode will introduce HBCU graduates and highlight their road to success as a way to empower viewers, shatter stereotypes and share "how-tos." The series celebrates and amplifies the unique journey of Black students who have skillfully navigated STEM-related career paths. Additionally, the program explores how attending an HBCU impacted their lives and their careers. THE COLOR OF STEM episode airing June 23rd will feature Music Notes, an educational music company founded by Jimmy Pascascio and LaMar Queen, two middle school math teachers in South Central Los Angeles. Mr. Q-U-E and Mr. D combine their love of hip hop with their passion for teaching to create STEM songs that are sure to have viewers nodding their heads and rapping along. The episode also highlights Lisette Titre-Montgomery of Gameheads, whose passion is being a diversity advocate for the game industry. She speaks publicly about how game-based curriculums are the key to engaging today's youth in Science, Technology, Engineering, Art and Math (STEAM), and careers. Gameheads is a Game Development Accelerator program for Oakland youth, establishing art curriculums and recruiting industry professionals to mentor students of color to become the next generation of developers.
SPADE A SPADE – debuts on Thursday, June 23 at 3:30 pm ET. The first episode of SPADE A SPADE, in celebration of the 50th Anniversary of Title IX, which gave equal access to sports for women, will feature Olympic sprinter Sanya Richards-Ross, the first female African-American position coach in NFL history, Jennifer King, and Shakira Austin of WNBA's Washington Mystics – 2022's third overall draft pick in the WNBA. SPADE A SPADE is a 30-minute round-table talk show hosted by notable influencer King Flexxa. SPADE A SPADE features teams of students, entertainers, athletes, and their select partners in a classic neighborhood game of trash talk and real conversation about key issues of the day. Each week, three guests will play for a winner-takes-all game and bragging rights. For those who know and love the game, SPADE A SPADE offers fans a chance to get in the heart of the action and play for fun while rooting for their favorite team's charity. Additional celebrity guests for the season include David Banner, Robert Covington, Quinn Cook, K. Michelle, Yandy Smith, Jess Hilarious, and John Wall, among others. The first season will include a five-episode run featuring such kitchen table topics as mental health, the state of HBCUs, and other riveting cultural conversations.
These new shows are executive produced by HBCU GO's Curt Simmons and Karrington Symonds. With more than 40 years of collective television and film experience, the HBCU GO team has garnered five Emmys, six Telly Awards, a Peabody Award, and three NAACP Image Award nominations for their documentaries, unscripted series, and live shows.
THE COLOR OF STEM and SPADE A SPADE are being supported by Procter & Gamble, which through its Widen the Screen initiative is fueling more expansive portrayals of the Black experience in film, television, and media through partnerships and programming with Black creators and Black-owned and Black-operated media companies. Procter & Gamble brands (including My Black is Beautiful, Olay, Old Spice, Pantene, and Secret) will provide advertising support as part of Procter & Gamble's collective efforts to serve the HBCU community.
"HBCUs are the heart and soul of Black America. The free-streaming service HBCU GO is simply here to amplify the excellence of these extraordinary institutions of higher learning," said Byron Allen, Founder/Chairman/CEO of Allen Media Group. "Allen Media Group is 100-percent committed to bringing original and inspirational content to this platform, and we genuinely appreciate Procter & Gamble for their continued sponsorship and commitment in working with us to achieve this very important goal."
"HBCU GO is pleased to amplify the voice of Black excellence to students, alumni, and our community during the summer and throughout the whole year," said HBCU GO President Curtis Symonds. "From documentaries, movies, sports, talk, and lifestyle programming, we're opening new doors for content creators to share their stories and to shine a light on our unique cultural experience. HBCU GO is the ultimate destination for free, quality content."
For more information about HBCU GO visit HBCUGO.TV or follow us on Facebook, Twitter, YouTube, Instagram.
HBCU GO is a cultural lifestyle destination and leading sports media provider that embraces and represents the voice of Black Excellence every day of the year through an all-new platform that captures the rich history, diversity, perspectives, and cultural experiences at HBCUs (Historically Black Colleges and Universities). The network also provides a platform for emerging creatives in media production, branding, and broadcasting. We offer our viewers the best in live sports, original series, documentaries, films, comedy, and edutainment programming produced by African American leading producers, directors, and students from select HBCUs.
Launched in 2012, the free-streaming service HBCU GO was purchased by Byron Allen in 2021 and is part of Byron Allen's Allen Media Group (AMG). AMG is headquartered in Los Angeles with offices in New York, Chicago, Atlanta, and Charleston, SC. AMG owns 27 ABC-NBC-CBS-FOX network affiliate broadcast television stations in 21 U.S. markets and twelve 24-hour HD television networks serving nearly 220 million subscribers: THE WEATHER CHANNEL, THE WEATHER CHANNEL EN ESPAÑOL, PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, JUSTICE CENTRAL.TV, THEGRIO.TV, THIS TV, and PATTRN. AMG also owns the streaming platforms HBCU GO, THE GRIO STREAMING APP, SPORTS.TV, THE WEATHER CHANNEL STREAMING APP, and LOCAL NOW--the free-streaming AVOD service powered by THE WEATHER CHANNEL and content partners, which delivers real-time, hyper-local news, weather, traffic, sports, and lifestyle information. For more information, visit www.entertainmentstudios.com
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SOURCE Allen Media Group | https://www.kxii.com/prnewswire/2022/06/22/byron-allens-hbcu-go-streaming-platform-launches-exciting-new-summer-programming/ | 2022-06-23T00:54:25Z |
ORLANDO, Fla., June 14, 2022 /PRNewswire/ -- Jeremiah's Italian Ice – the hottest brand in the frozen dessert category– was recognized as one of the Top Food Franchises in 2022 by Entrepreneur. The ranking, which is featured in the summer issue of Entrepreneur's StartUps magazine and on Entrepreneur.com, highlights the best food-related franchises, across 31 categories, that applied for the 2022 Franchise 500 ranking. Jeremiah's Italian Ice was ranked No. 2 in the Frozen Desserts- Miscellaneous category.
"Jeremiah's Italian Ice has really become a close-knit family and receiving this type of recognition from Entrepreneur sends a strong message to everyone involved in our brand's journey," said CEO and Founder, Jeremy Litwack. "We are proud to have solidified our place as a national leader in the frozen desert category and look to continue building upon the strong franchise system we have built in the years to come."
The Top Food Franchises ranking is based on information submitted to Entrepreneur for its annual Franchise 500® and is part of the brand's continuing effort to best understand and evaluate the ever-changing franchise marketplace. To compile this ranking, Entrepreneur gathered the top 200 restaurant and retail food franchises, ranked within their respective categories (e.g. Acai Bowls, Pizza, Candy, Sports Bars, etc.) from this year's submissions. They are ranked based on the scores they received in the 2022 Franchise 500 evaluation process, which examines each brand based on 150+ data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
"Entrepreneur's Top Food Franchises list shows just how much growth food-related businesses have seen recently," said Entrepreneur Senior Vice President of Franchising Liane Caruso. "Highlighting 200 franchises across 31 various food-related categories shows the extraordinary growth and diversity of options available to today's entrepreneurs."
To view Jeremiah's Italian Ice in the full ranking pick up the summer issue of Entrepreneur's StartUps magazine on newsstands now, or visit https://www.entrepreneur.com/franchises/topfood/2022.
About Jeremiah's Italian Ice
Founded in 1996 and franchising since 2019, Jeremiah's Italian Ice has come to be known not only for its superior frozen treats, but also its outstanding customer service, community involvement, and an exciting brand image that exudes the Jeremiah's motto - LIVE LIFE TO THE COOLEST®. Focused on delivering flavorful experiences to each and every guest, Jeremiah's is committed to serving its vibrant, flavorful treats up with a smile in a lively environment. With over 75 locations currently operating throughout Florida, Arizona, Georgia, North Carolina, Louisiana and Texas with more states in the way, Jeremiah's is offering franchises across the Southern United States. To help guide the brand's rapid expansion, Jeremiah's Italian Ice has partnered with Pivotal Growth Partners – a team of franchising veterans who've led some of the top brands in foodservice to award-winning growth. For more information about Jeremiah's franchise opportunity, visit https://jeremiahsfranchise.com/
About Pivotal Growth Partners
Pivotal Growth Partners (PGP) is a full-service Growth & Development Firm with an unparalleled track record of success in growing franchise brands. The experienced team at PGP has awarded & developed more than 5000 franchised businesses across the US and internationally, working with startups and some of the world's largest companies. With a combined 50+ years of experience and a network of growth and development partners, Pivotal Growth Partners creates value, growing small, regional companies into nationally acclaimed brands. PGP deploys proven processes and systems to effectively grow a business, by creating a "Results Focused" Franchise Growth & Support Culture within its brands. For more information, visit www.pivotalgrowthpartners.com.
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SOURCE Jeremiah’s Italian Ice | https://www.wibw.com/prnewswire/2022/06/14/jeremiahs-italian-ice-named-one-2022s-top-food-franchises-by-entrepreneur/ | 2022-06-14T17:52:09Z |
Florida Jobless Rate Dips to 3.2 Percent
TALLAHASSEE, Fla. (WCTV) - Florida’s unemployment rate dipped to 3.2 percent in March, as workers shift away from gigs at hotels, restaurants and entertainment venues for higher-paying jobs in manufacturing, warehousing and logistics.
The Florida Department of Economic Opportunity released a report Friday that said the March jobless rate was down from 3.3 percent in February. Continued decreases in the rate come despite employers reportedly struggling to retain workers.
“The combination of (a) falling unemployment rate and a growing labor force is a very good sign for Florida’s economy,” Adrienne Johnston, the department’s chief economist, said in a conference call with reporters. “This means that more and more Floridians continue to enter the job market and they’re able to find work on a consistent basis.”
Johnston added that as people appear more optimistic about finding work if they leave their current jobs, conversations among economists have returned to pre-pandemic discussions about a “tight labor market.”
“We’re having those conversations that we were having two or three years ago, where all businesses, all industries in our state are growing,” Johnston said. “They’re competing for qualified talent and they’re having to find ways to compete. And that in some cases includes raising wages, it includes finding other ways to incentivize their employees.”
The state has also seen a shift in where people are finding work, with professional and business-services sectors topping the list for job gains in the monthly report, while the leisure and hospitality sector had the largest decline.
The March unemployment rate, which was down from 5.4 percent a year earlier, represented an estimated 339,000 Floridians qualified as out of work from a labor force of 10.51 million. From February to March, 8,000 more people found work in Florida, while the labor force grew by 42,000.
The report said Florida gained 497,800 jobs over the year, an increase of 5.7 percent, while the number of jobs nationally rose by 4.5 percent in the same time.
In early 2020, as businesses cut back or shuttered as the coronavirus pandemic began, Florida’s unemployment rate went from 2.7 percent in February 2020 to 4.5 percent in March 2020. The rate peaked at 13.9 percent in May 2020, when 1.4 million people were out of work. During the initial months of the pandemic, the state lost 1.28 million jobs.
The state estimates that since that time, Florida has picked up 1.44 million jobs.
A news release from Gov. Ron DeSantis’ office said last month accounted for the “largest single month of growth in manufacturing since May 2020.”
“The economic data underscores that Florida is outperforming the nation by protecting the freedom Floridians need to do business and drive economic success,” DeSantis said in a statement. “Industries like manufacturing continue to see growth because Florida prioritizes workforce development and expanding opportunities for businesses and families in our state.”
The national jobless rate in March was 3.6 percent, down from 3.8 percent in February.
The U.S. Department of Labor reported Friday that Florida was among 37 states where the unemployment rate dropped from February to March, with the rate holding steady in the other 13 states and the District of Columbia.
“Over the last year, the unemployment rate dropped in every state, and many states have reached historic lows,” President Joe Biden said in a statement. “These aren’t just numbers on a page: These are millions of Americans back at work and able to support themselves and their families with good-paying jobs and enjoy the dignity a job provides.”
While Biden credited his economic plans, Florida Republican leaders have warned about federal policies. State Chief Financial Officer Jimmy Patronis called for DeSantis to make unspecified budget cuts to brace Florida against a potential recession. Lawmakers last month passed a budget for the fiscal year that will start July 1, though they have not formally sent the spending plan to DeSantis.
Meanwhile, the National Federation of Independent Businesses reported decreased optimism among business owners, primarily because of inflation that the group said has caused nearly three-fourths of businesses to increase prices.
“Florida’s economy has held up remarkably well the last couple of years, but we aren’t immune from soaring inflation and other challenges facing small businesses throughout the country,” NFIB-Florida Executive Director Bill Herrle said in a statement Tuesday.
Across Florida, the lowest jobless rate in March was in Monroe County, at 1.7 percent, followed by St. Johns County at 2.0 percent and Wakulla and Okaloosa counties at 2.1 percent.
Highlands County had the highest rate at 3.9 percent, followed by Putnam County at 3.8 percent, and Citrus and Hamilton counties at 3.7 percent.
Among large metropolitan areas, the Jacksonville and Tampa Bay regions were at 2.5 percent, down from 2.9 percent in February. The Pensacola region was at 2.6 percent after being at 3.0 percent in February.
The Miami-Fort Lauderdale-West Palm Beach metropolitan area was at 2.8 percent, down from 3.0 percent in February. The Orlando-Kissimmee-Sanford area went from 3.4 percent in February to 2.9 percent in March.
The state unemployment rate is seasonally adjusted, while the county and metropolitan rates are not.
Copyright 2022 WCTV. All rights reserved. | https://www.mysuncoast.com/2022/04/15/florida-jobless-rate-dips-32-percent/ | 2022-06-03T02:26:52Z |
Officials: Nurse accused of killing 97-year-old vet by ‘intentional medical maltreatment’
LEXINGTON, Ky. (WKYT/Gray News) - A Kentucky nurse is accused of killing a 97-year-old man by “medical maltreatment,” authorities say.
According to court documents obtained by WKYT, 52-year-old Eyvette Hunter was indicted Monday on a murder charge and taken into police custody Tuesday.
The indictment reportedly said Hunter unlawfully caused the death of James Morris on April 30 by “intentional medical maltreatment.” Morris, a veteran of World War II and the Korean War, had suffered a fall and was admitted to Baptist Health Lexington for treatment.
Hunter’s nursing license was also suspended Monday, according to a complaint filed with the Kentucky Board of Nursing.
The suspension order gave more details about what allegedly happened, saying Hunter had worked as a nurse at Baptist Health and was treating a 97-year-old patient. WKYT said the patient was identified as Morris.
According to the suspension order, Morris had become agitated and aggressive, and the nurse requested medication to calm him down, which was denied by both a doctor and a nurse practitioner.
After being denied, the order said Hunter withdrew a vial of lorazepam meant for another patient and administered it to Morris.
Hunter reportedly told another hospital employee she had given Morris “something special” both times when asked twice by the employee.
After he was sedated, the order said another nurse found Morris sometime later with labored breathing and his oxygen saturation equipment not monitoring. The order said Hunter had disabled the equipment to prevent the alarm from going off.
Hospital staff was able to get Morris’ oxygen level back up, but he developed pneumonia because of some of the substances he ingested, according to the order.
He was released to hospice care May 3 and died two days later, with his cause of death listed as “aspirational pneumonia.”
According to the suspension order, Hunter admitted to giving Morris the drug without permission.
Baptist Health fired Hunter the day the incident happened and released a statement saying that the accused nurse had not worked there since April 30, adding she had been “terminated and was reported to the Kentucky Board of Nursing.”
The indictment said Hunter will be held on a $100,000 bond.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/24/officials-nurse-accused-killing-97-year-old-vet-by-intentional-medical-maltreatment/ | 2022-08-24T18:25:25Z |
Discovering the Suncoast – The British Pilots of Arcadia
SARASOTA, Fla. (WWSB) - Twenty-three British pilots from World War Two are buried here on the Suncoast. How did Arcadia, Florida become their final resting place? And who remembers them, every year, on Memorial Day?
Here’s a link to a website dedicated to the memory of all the British pilots who trained at Riddle and Carlstrom Airfields in Florida from 1941 to 1945:
Do you have an idea for Discovering the Suncoast? Send me an email to Discovering@MySuncoast.com! Tell me what’s unique and interesting in your part of Paradise!
You can watch previous episodes of Discovering the Suncoast online here: https://www.mysuncoast.com/content/community/discovering-the-suncoast/
Discovering the Suncoast airs live on ABC7 on these dates and times:
- 6:40am Wednesday on Good Morning Suncoast
- 9:00am Wednesday on Suncoast View
- 4:00pm Wednesday on ABC7 News
- 7:40am Saturday on Good Morning Suncoast Weekends (with special bonus features!)
- 11:00pm Sunday on ABC7 News
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/25/discovering-suncoast-british-pilots-arcadia/ | 2022-05-25T13:05:25Z |
DUBLIN, Sept. 6, 2022 /PRNewswire/ -- Tri-anim Health Services, a specialty distributor of respiratory, anesthesia and critical care products and therapies, announced today that it has entered into an exclusive relationship to represent and distribute the BrainScope® device in hospital Emergency Departments. This innovative point of care decision support tool is used to objectively assess mild head injured patients for intracranial hemorrhage and concussion at point of care in 20 minutes or less.
BrainScope is an FDA-cleared, handheld Class II medical device that uses artificial intelligence derived algorithms to identify distinctive profiles of structural brain injury and concussion. The solution consists of the BrainScope handheld decision support tool, as well as the BrainScope single-use disposable electrode headset for use with the device.
Tom Metcalf, President of Tri-anim Health Services, said, "This exclusive agreement supports Tri-anim's mission to be the best partner to those who save and improve patients' lives. We are thrilled to bring the breakthrough BrainScope technology to our Emergency Department customers to help them quickly and effectively assess risk of intracranial bleeding in patients with mild head injuries helping to reduce unneeded CT scans, objectively assess concussions, and improve patient experience and satisfaction."
"This partnership with Tri-anim Health Services brings BrainScope to immediate commercial scale. It is a perfect fit for us as Tri-anim's national sales team is already focused on providing innovative solutions to Emergency Departments," said Susan Hertzberg, CEO of BrainScope. Hertzberg added, "America's Emergency Departments are moving beyond COVID care and the demand for BrainScope is rapidly growing to fill a major assessment gap that exists for the nearly 5 million people that present with mild head injuries each year. Up until now, clinicians have had just one tool, the CT scan. With BrainScope they can more confidently rule out those patients that do not need a CT scan while also objectively assess concussion. We are excited to have the commercial reach that Tri-anim provides."
The BrainScope solution has been highly clinically validated with 10+ years of development, 8 successfully executed research contracts funded by the U.S. Department of Defense, and 33 peer-reviewed publications. When integrated into clinical decision making, experience has demonstrated an average 46% reduction in unnecessary CT utilization, a 40% reduction in patient Emergency Department length of stay, and improved patient experience and satisfaction.
"BrainScope helps answer key clinician and patient questions—whether the patient has suffered a brain bleed or concussion, and whether they are ready to resume normal activities. The technological change that BrainScope brings has immediate benefits to both the patient and the Emergency Department," said Dr. Diku Mandavia, Chief Medical Officer at BrainScope.
Attila Morgan, Eastern Area Vice President of Sales for Tri-anim Health Services added, "BrainScope easily fits into the Emergency Department current workflow for mild head injuries. The device can be operated by non-nursing staff and assessments take less than 20 minutes from start to finish. By avoiding unnecessary CT scans, BrainScope's assessment can help Emergency Departments save significant time and hospital resources."
Tri-anim Health Services provides innovative respiratory, anesthesia and critical care products and therapies to hospitals, health systems and other patient care facilities nationwide. As a leader in healthcare excellence for over 45 years, Tri-anim offers targeted solutions, value-oriented programs, clinical expertise, and in-service training to help provide effective and efficient patient care. For more information, visit www.tri-anim.com.
BrainScope is a medical neurotechnology company that is improving brain health by providing objective, diagnostic insights that enable better patient care. BrainScope is leading the way in the rapid and objective assessment of brain-related conditions, starting with mild traumatic brain injury (mTBI), utilizing multiple integrated assessment capabilities, artificial intelligence (AI), and digitization. The Company's technology supports the American College of Emergency Physicians (ACEP) Choosing Wisely® campaign to avoid CT scans of the head in Emergency Department patients with minor head injury. BrainScope's innovative neurotechnology platform uses EEG-based, AI-derived algorithms empowering physicians to quickly make accurate head injury assessments, addressing the full spectrum of traumatic brain injuries from structural (brain bleed) to functional (concussion) injuries, providing for the first time a full picture of the injury, and doing so in less time and without radiation. For more information, please visit www.brainscope.com.
Media Contact:
Beth Scott, Director of Marketing Communications: 614.760.5000 Beth.Scott@sarnova.com
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SOURCE Tri-anim Health Services | https://www.kxii.com/prnewswire/2022/09/06/tri-anim-health-services-announces-exclusive-relationship-distribute-brainscopes-breakthrough-technology-mild-head-injury-including-concussion-into-emergency-departments/ | 2022-09-06T14:36:14Z |
Bank of America raises minimum hourly wage to $22
(Gray News) – Employees with Bank of America will soon be taking home at least $22 an hour as part of the company’s plans to increase its minimum hourly wage to $25 by 2025.
The bank’s hourly raise will increase the annual salary for full-time employees to more than $45,000, it said in a press release.
Bank of America first raised its minimum wage to $15 an hour in 2017. In 2019, the company said it rose to $17, followed by $20 in 2020 and then to $21 in October of last year.
Sheri Bronstein, chief human resources officer at Bank of America, said the company’s aim is to be a great place to work for its employees.
“We continue to invest in our teammates and their priorities through competitive pay; industry-leading benefits and resources for physical, emotional and financial wellbeing; long-term career development tools and programs; and in our diversity, equity and inclusion efforts across the company, so that we continue to attract and retain the best talent,” she said in the release.
Bank of America has been recognized as the 8th best company in the U.S. by LinkedIn and the 29th on Fortune’s list of 100 best companies to work for.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/25/bank-america-raises-minimum-hourly-wage-22/ | 2022-05-25T01:31:33Z |
WASHINGTON, July 1, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Debt Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of June 24, 2022 (collectively, the "Offer Documents").
A total of approximately $4,402 million in original principal amount of Notes were validly tendered and not validly withdrawn on or before the designated expiration time for the Offers, which was 5:00 PM New York City time on June 30, 2022. The table below sets forth the original principal balance of the Notes, the percentage of original principal amount tendered, and the original principal amount tendered in the Offers.
1 Original Principal Balance amounts have been adjusted to reflect reported exchange activity of RCR Notes or Exchangeable Notes into Notes eligible for tender initiated during the tender offer period.
2 Rounded to the nearest hundredth of a percent.
The settlement date for the Notes tendered and accepted for purchase in the Offers is expected to occur on Tuesday, July 5, 2022 (the "Settlement Date").
BofA Securities acted as the designated lead dealer manager and Barclays acted as the designated dealer manager for the Offers. Fannie Mae engaged Academy Securities, Inc. and Blaylock Van, LLC as Advisors on the transaction. Global Bondholder Services Corporation was engaged as the tender agent and information agent for the Offers.
Related Links:
CAS Debt Tender Offer Press Release
CAS Debt Tender Offer Frequently Asked Questions
About Fannie Mae
Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog
Fannie Mae Newsroom
https://www.fanniemae.com/news
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Fannie Mae Resource Center
1-800-2FANNIE
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae, including the Notes. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase or sale of securities referred to herein must be made solely on the basis of information contained in the Offer Documents, and no reliance may be placed on the completeness or accuracy of the information contained in this press release. The Offers are not being made to holders of the Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Offer to be made by a licensed broker or dealer, the Offer will be deemed to be made on behalf of the Company by BofA Securities, Inc. or Barclays Capital Inc. (as applicable) or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.
You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.
This release includes forward-looking statements, including statements relating to the timing and expected settlement and closing of the purchase of the Notes in a tender offer. These forward-looking statements are based on Fannie Mae's present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. Actual results may turn out to be different from these statements. Factors that may lead to different results are discussed in "Risk Factors," "Forward-Looking Statements," and elsewhere in the Offer Documents and the documents incorporated by reference therein. All forward-looking statements are made as of the date of this press release, and Fannie Mae assumes no obligation to update this information.
Connecticut Avenue Securities is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.
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SOURCE Fannie Mae | https://www.mysuncoast.com/prnewswire/2022/07/01/fannie-mae-announces-results-tender-offer-any-all-certain-cas-debt-notes/ | 2022-07-01T14:53:13Z |
LONDON (AP) — World heavyweight champion Tyson Fury was already in full flow at a prefight promotional event when the announcement dropped that his one-time management company was abruptly shutting down.
MTK Global’s announcement followed a week of cascading pressure since the U.S. ambassador to Ireland, Claire Cronin, announced a reward of $5 million for information that will lead to the “financial destruction” of the Kinahan crime gang or the arrest and conviction of its leaders. MTK blamed “unprecedented levels of unfair scrutiny and criticism” since company founder Daniel Kinahan was hit with financial sanctions. Daniel Kinahan was named as one of the heads of the gang.
The only questions posed to Fury and WBC title challenger Dillian Whyte during Wednesday’s news conference came from the top table host.
The first attempt by The Associated Press to ask Fury about MTK’s closure was met with silence as he posed for photos with Whyte after the crowded event where the gathered media were never called on to ask questions.
Fury was leaving the room when he was then asked whether he would help U.S. authorities — as the Treasury Department has requested — with information that will lead to the arrest and conviction of members of the Kinahan gang.
Fury’s response was to raise his middle finger in images broadcast by fight organizers.
Fury was previously promoted on the MTK website as “the best heavyweight on the planet” but the Briton has said he cut ties two years ago. MTK ceased operations despite claiming in recent days that Kinahan has not been involved since 2017 in the management company.
“Since leading promoters have now informed us that they will be severing all ties with MTK and will no longer work with our fighters,” MTK said, “we have taken the difficult decision to cease operations at the end of this month.”
Even before the U.S. announcement last week, Kinahan had previously been identified by the High Court in Dublin as being a senior figure in organized crime, involved in international drug-trafficking operations and firearm offenses.
Kinahan was pictured with Fury in February in Dubai and has attempted to organize fights for Fury in the past.
“The man’s been a boxing fan, there’s not much more I can say,” Fury said after an open workout Tuesday. “There’s not much more of a relationship, there is none.”
Fury still declined an opportunity to say on Tuesday if he had severed all relations with Kinahan.
“That’s none of your business and none of anybody else’s business,” Fury said. “My business is my business, your business is yours, and that’s it.”
Fury himself has been a controversial figure. There was a backdated two-year doping ban for having elevated levels of nandrolone in urine samples provided after fighting in 2015. Fury also had to reapply for his British boxing license, which was suspended over separate incidents of drug use and medical issues.
Fury acknowledged “ups and downs” on Wednesday.
“A druggie, an alcoholic, all the rest of the stuff I am not ashamed of,” Fury said. “It’s a part of who I am.”
He can be sure of a supportive crowd when more than 90,000 fight fans pack into Wembley on Saturday night.
“I’m willing to do whatever it takes,” Fury said. “I’m that kind of fighter where whatever I’ve got to do, I would do. Anything, victory by any means necessary, I’ll do that. I’m not scared to take risks. I’ve taken risks my life, so it’s nothing new.”
___
More AP boxing: https://apnews.com/hub/boxing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/tyson-fury-wont-discuss-sudden-closure-of-mtk-global/ | 2022-04-21T04:27:47Z |
SPRINGFIELD, Ill., Sept. 7, 2022 /PRNewswire/ -- INB, N.A. announces its strategic partnership and entry into the Florida commercial banking market. INB has partnered with a team of well-known, well-rounded bankers who have extensive experience in multiple business sectors across Florida.
INB's Florida Market CEO Allen Brinkman says, "Long-term relationships were instrumental in our entry into the Florida market. We have several board members located in Florida who are significant shareholders of INB."
INB CEO and President Sarah Phalen says, "Everything just fell into place. It was an organic and philosophical conversation at the beginning. As a result, it didn't take long for our Florida team and INB to recognize that we share a common objective to provide service to the client that is customized, professional, and timely."
Brinkman says, "Choosing INB as a partner was an easy decision. When you and your clients are aligned with similar goals and objectives, and you juxtapose that with an institution that is not aligned, you act. This is why our team came together. INB provides a solution to that disconnect." He stated that within the first three weeks with INB, the Florida team has already generated over $146,000,000.00 in loans to Florida customers using the expertise of bankers backed by a first-class institution. "INB's fast turnaround times and customized service are offering customers what the team's former banks were unable to provide," Brinkman adds.
The Florida team will be led by Florida Market CEO Allen Brinkman. Brinkman has been in banking for 25 years and will cover all banking operations in Florida. He will work out of the INB Florida headquarters in Tampa Bay.
Gabriella (Gaby) Cioli has taken the position of South Florida Market President. She is responsible for middle market commercial accounts. She has 28 years of banking experience and will continue to work out of Miami.
Joining the team as Commercial Bankers are:
Robert Frederick has 17 years' banking experience. Rob has a strong credit background and will cover commercial and real-estate banking. Rob will work out of the Tampa Bay office.
Susan Maurer has 30 years in banking and financial services. Susan will cover commercial banking and real-estate. Susan will work out of the Tampa Bay office.
Miranda Kelly has 20 years' banking experience and will cover business and commercial banking. Miranda will work out of the Tampa Bay office.
Bill Williams has 30 years of experience in banking. Bill will cover commercial real estate and will work out of the Tampa Bay office.
About INB, N.A. – INB is a privately held national bank that recently began providing commercial banking products in Florida. Founded in 1999 in Springfield, IL, the bank offers commercial banking services in Illinois and Missouri.
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SOURCE INB, N.A. | https://www.mysuncoast.com/prnewswire/2022/09/07/inb-na-enters-florida-commercial-banking-market/ | 2022-09-07T19:27:29Z |
Which Levi’s shorts are best?
Known around the globe as a classic, all-American brand, Levi’s denim offers all types of shorts. But finding the best pair to suit your needs is a task that needs thought. Levi’s denim is known to stand the test of time, so it really is an investment. The shorts you find may last you several years, and you’ll want to love them. The best are the versatile, comfortable Levi’s Women’s 501 Original Shorts.
What to know before you buy Levi’s shorts
Occasion
Consider where, when and how you’ll be using your new shorts. If you’re active, a pair of heavy denim shorts may work against you and cause chafing, discomfort and sweat, while flexible, lightweight lounge shorts may give you a better range of motion.
Levi’s offers denim in styles from stretch to sturdy. Consider elements such as weight, style, wash and length when reviewing how you’ll wear it.
Longevity
Levi’s shorts vary in longevity because of their material and style. You’ll need to decide if trendiness or longevity is more important to you. For example, if you opt for a pair of distressed shorts, they will wear quicker than a pair of hard denim shorts with no distressing or holes. Non-denim shorts such as chinos and lounge shorts also vary in lifespan.
Always be gentle to your shorts when washing them, as a careful touch and quality treatment will extend their lives.
Style
Think about what the rest of your outfit will look like. Will you be wearing a crop top? A polo shirt? You may even dress your shorts up with heels or do the opposite and choose a heavy sneaker instead. Explore your style and decide what length will coordinate best with the outfits you generally throw together.
You’ll also have the choice of waist style. High-waisted, low-waisted and mid-rise are just a few of the options, so give them all a try and see what you feel most comfortable in. Levi’s offers not only denim but khaki shorts and even lounge shorts, so if denim isn’t your style, there are still plenty of possibilities.
What to look for in quality Levi’s shorts
Fabric
Levi’s manufactures 30 types of fabric. While they all are of high quality, they produce varying results. Some, such as Levi’s heavyweight denim, are sturdy, stiff and hold their shape well through several wash cycles. Elastane, used in several other styles, is designed to enhance the clothing’s range of motion and elasticity. Note the material the shorts are made of and decide what that means to you.
Wash
Choosing the wash of your shorts is another opportunity to cater to your style. Acid-wash denim is made by adding bleach to the dyeing process, resulting in a tie-dye pattern. Light wash and medium wash are popular, casual denim washes processed to achieve a dusty blue color. The amount of time denim is processed determines the color, light wash taking the longest and dark wash taking the least amount of time.
Fit
Not only do your shorts have to suit your style based on their design and look, they also have to fit according to your style. A looser, baggier fit may be exactly what your outfit needs — or you may want high-waisted, tapered shorts. Their rise, length and general fit can turn your outfit around, so get out of your comfort zone and try a few different fits. You never know where exploring your style will take you.
How much you can expect to spend on Levi’s shorts
Prices of Levi’s shorts vary depending on the type you buy. Lounge shorts, for instance, may cost less than heavy denim shorts. Usually the price of a pair of Levi’s shorts is $19-$59.
Levi’s shorts FAQ
Will my shorts transfer color onto my other clothes and accessories?
A. As is typical in denim and dark-wash clothing, articles with heavy dyes often transfer color onto lighter articles. Take caution when pairing a dark pair of shorts with a light shirt or bag ,because friction against the heavy dyes will cause them to get on your lighter pieces. Always wash darks and lights separately to avoid any further transfer.
Can I distress my own shorts?
A. It is super common and trendy to distress and upcycle shorts. If you ever want to give a new identity to your shorts or if you decide that you prefer a more rugged look, there are several tutorials online to give you inspiration and instruction.
What are the best Levi’s shorts to buy?
Top Levi’s shorts
Levi’s Women’s 501 Original Shorts
What you need to know: These denim shorts are versatile and great for casual, everyday outfits.
What you’ll love: They’re high-rise and provide a comfortable fit to walk around in and wear casually. The material is 99% cotton and has 1% elastane, which adds to that comfort, giving the denim some extra stretch and range of motion.
What you should consider: If you aren’t a fan of high-rise shorts or prefer something with more material and a longer, looser fit, consider a different pair.
Where to buy: Sold by Amazon
Top Levi’s shorts for the money
What you need to know: With a much slimmer fit than most shorts, these are perfect for those who want to replicate the comfort of jeans but don’t want any length past the knee.
What you’ll love: Fitting more like jeans than shorts offers comfort and a tighter fit. These are appropriate for most occasions and feature a cut-off hem and more slim fit.
What you should consider: If you prefer a looser fit with a little more room to move and maneuver, a cargo style short may be better.
Where to buy: Sold by Amazon
Worth checking out
Levi’s Women’s Mid-Length Shorts
What you need to know: For those who want denim shorts but prefer a slightly lengthier fit, these are worth checking out.
What you’ll love: The mid-length fit — combined with being made from a combination of cotton, viscose, polyester and elastane — means that these are among Levi’s more elastic and comfortable shorts. The lengthier fit is great for slightly less casual settings where you want to wear denim shorts but don’t want a pair that’s overly short or tight-fitting.
What you should consider: Aesthetically, a mid-length pair of shorts might not appeal to you. Look for different lengths, or just opt for a different fit.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/apparel-br/bottoms-br/the-best-levis-shorts/ | 2022-07-08T07:19:38Z |
SUNNYVALE, Calif., June 16, 2022 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today it will host the following event with the financial community:
The presentations and related materials will be available via a live webcast the day of the event at http://investor.trimble.com, and a replay will be available thereafter.
About Trimble
Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble (NASDAQ:TRMB), visit: www.trimble.com.
FTRMB
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SOURCE Trimble | https://www.wibw.com/prnewswire/2022/06/16/trimble-host-2022-investor-day/ | 2022-06-16T11:16:04Z |
DALLAS, Aug. 16, 2022 /PRNewswire/ -- Transform your home into Disney's The Haunted Mansion with Gemmy's collection of indoor and outdoor Halloween decor. Come along as we take a tour of the Lowe's-exclusive collection filled with ghosts, ghouls, and happy haunts for goblins of all ages.
Set the scene with a 6-ft Airblown® Inflatable Doom Buggy carrying the Hitchhiking Ghosts Gus, Ezra, and Phineas. These weary travelers sit in a black buggy emblazoned with The Haunted Mansion logo. Like all Airblown Inflatables, the Doom Buggy with Hitchhiking Ghosts lights up for nighttime visibility, self-inflates in seconds, and makes decorating a breeze.
Add to the eerie atmosphere with LightShow® Projection™ Plus Ghoulish Greetings™ + Fire & Ice™. This LED spotlight combines two technologies that project an image of The Haunted Mansion logo surrounded by flickering, purple flames. Instantly create up to a 12-ft decorative accent on indoor or outdoor surfaces, such as walls, doors, garage doors, and fences. This LightShow® Projection™ Plus spotlight comes with a convertible tripod/stake for in-ground or tabletop setup.
The Haunted Mansion logo is also available as a musical wall plaque! Finished in black with ornate details, a horned beast commands the top of this eye-catching accent that lights up blue and plays "Grim Grinning Ghosts" with sound or motion activation. At 12-in tall, it makes a ghostly surprise for unsuspecting guests.
For a supernatural effect, The Haunted Mansion collection includes two animated Madam Leota accents for a spine-tingling thrill. Madam Leota turns her head and speaks to souls from the beyond in this 14-in crystal ball. Her blue hair and skin complete the unnatural experience.
Consumers can keep the séance going with the Madame Leota Tombstone. This 2.4-ft animated resin tombstone features realistic details and a carved, animated Madame Leota, speaking with amazing synchronization technology. As she speaks in true character voice, her eyes flash blue for a creepy spectacle.
The Haunted Mansion collection (MSRP $29.98 – $139.00) is available now at select Lowe's stores and on Lowes.com beginning on 8/29.
Gemmy Industries is a leading seasonal lighting and decor innovator that has changed the way America decorates for the holidays. As the originator of Airblown® Inflatables and LightShow® lighting, Gemmy is a trendsetter in making homes festive for every special occasion. For more information on product lines and retailers, go to www.gemmy.com.
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SOURCE Gemmy Industries | https://www.mysuncoast.com/prnewswire/2022/08/16/gemmy-industries-introduces-disneys-the-haunted-mansion-halloween-collection-lowes/ | 2022-08-16T19:33:04Z |
(The Hill) – John Eastman, the controversial lawyer who unsuccessfully pressed Mike Pence to overturn the results of the 2020 presidential race, took center stage at the Jan. 6 panel’s third hearing on Thursday that was focused on the pressure campaign against the former vice president.
Eastman emerged in the weeks between the 2020 election and the Jan. 6 riots as one of the most influential voices in Trump’s circle, pushing a dubious claim that the vice president had the authority to reject electors and determine the election winner independently. He appeared at the Jan. 6 rally on the Ellipse that preceded the insurrection on the other side of the National Mall.
But Thursday’s proceedings suggested there were legions of doubters among Team Trump and Team Pence as Eastman pressed the issue.
Jason Miller, a former senior adviser to the Trump campaign, told the committee in testimony aired Thursday that campaign lawyers Justin Clark and Matt Morgan thought Eastman “was crazy” and said as much to “anyone who would listen.
Mark Meadows, who was President Trump’s chief of staff at the time, acknowledged Eastman’s plan was illegal, according to Marc Short, who was Pence’s chief of staff.
Tensions were high between Team Trump and Team Pence at the time, but Thursday’s testimony made it clear that members of both groups that Eastman’s arguments were baseless and could lead to violence.
The Jan. 6 panel argued that is exactly what happened. It showed video on Thursday of Trump pressuring Pence to take action at a rally near the White House that preceded the Capitol attack. Other video was shown of participants marching to the Capitol chanting “Hang Mike Pence” and discussing dragging politicians into the streets.
Eric Herschmann, who worked in the White House counsel’s office in the Trump White House after defending Trump in his first impeachment trial, appeared particularly exasperated with Eastman’s antics.
“Are you out of your ‘effin mind?” Herschmann recalled telling Eastman.
Judge Michael Luttig, a conservative legal stalwart whose views shaped Pence’s argument against intervening in the election certification, called Eastman’s theory “constitutional mischief.”
“I would have laid my body across the road before I would have let the vice president overturn the 2020 election on the basis of that historical precedent,” Luttig told the committee as one of its in-person witnesses for Thursday’s hearing.
Luttig was referencing an assertion by Eastman that the 12th Amendment could be interpreted to allow the vice president to determine the winner of an election and reject state electors. Pence and his team ultimately determined the vice president had no such authority.
Greg Jacob, who served as Pence’s general counsel and also appeared in person on Thursday, told the committee Eastman explicitly asked on Jan. 5, 2021, for Pence to reject the state’s electors despite appearing to acknowledge a day earlier that doing so would violate the Electoral Count Act.
Witness testimony also made clear that Eastman was undeterred despite multiple warnings that his idea could lead to violence.
“You’re going to cause riots in the streets,” Herschmann testified telling Eastman, to which he said the attorney responded that there had been “violence in the history of our country to protect the democracy or protect the Republic.”
“I told him, If the courts did not step in there was no one else to resolve it,” Jacob testified of his conversations with Eastman. “That might well be resolved through violence in the streets.”
Luttig, who was not part of the Trump administration on Jan. 6, seemed to agree on the stakes, telling the committee it would have plunged the country to a “revolution” if Pence had gone along with Eastman’s plan.
Eastman joined former New York City Mayor and Trump attorney Rudy Giuliani as a former Trump ally highlighted by the committee as a potentially dangerous influence on Trump ahead of Jan. 6.
The committee has made the case in its first three public hearings that Trump and his team laid the groundwork for violence on Jan. 6 by pushing disproven claims about voter fraud and unconstitutional theories about overturning the election.
Committee member Pete Aguilar (D-Texas) said Thursday that Eastman pleaded the 5th Amendment to avoid incriminating himself dozens of times during an appearance before the panel behind closed doors.
Herschmann told the committee he was blunt with Eastman after the events of Jan. 6, saying he wanted to hear only “two words” from Eastman moving forward: “Orderly transition.”
The committee learned that Eastman, perhaps sensing the predicament he was in as violence unfolded on Jan. 6, had reached out to Giuliani about legal protection.
“I’ve decided that I should be on the pardon list, if that is still in the works,” he wrote in an email shared Thursday by the committee.
Trump did not pardon Eastman before leaving office. | https://cw33.com/news/nexstar-media-wire/trump-lawyer-eastman-takes-verbal-beating-during-jan-6-hearing/ | 2022-06-17T00:34:31Z |
LONDON (AP) — Relatives of people killed during Northern Ireland’s decades of violence protested in London and Belfast on Tuesday, urging the government to drop plans to grant immunity to perpetrators of crimes committed during “the Troubles.”
The British government says its Legacy and Reconciliation bill reflects the “vanishingly small” likelihood of convicting people for decades-old crimes. If it becomes law, it will end most prosecutions for killings by both British soldiers and members of militant groups.
Northern Ireland Secretary Brandon Lewis told lawmakers in the House of Commons that change is needed because “the current system is broken.”
“It is delivering neither justice nor information to the vast majority of families,” he said.
More than 3,500 people died — most of them civilians — during three decades of violence, known as the Troubles. involving Irish republican and British loyalist paramilitaries and U.K. troops.
The bill calls for an independent “commission for information recovery” — loosely modelled on South Africa’s post-apartheid Truth and Reconciliation Commission — to investigate alleged crimes, and imposes a duty of “full disclosure” on the British government and security services.
People who cooperate with the commission and reveal what they know about past crimes will be granted immunity from prosecution, and new civil claims and inquests over the Troubles will be banned.
People who refuse to speak to the commission could still be charged. The government added that condition after an earlier proposal for a blanket amnesty was rejected by all Northern Ireland’s main political parties, the government of Ireland and human rights groups.
But people who lost loved ones say the law will still allow killers to get away with murder.
Members of the group Relatives for Justice carried a coffin emblazoned with the word “Justice” through central London on Tuesday before delivering an open letter denouncing the bill to the prime minister’s 10 Downing St. office.
The group’s chief executive, Mark Thompson, said the proposed law was “anti-victim.”
“The beneficiaries of this are the people who pulled the triggers and planted the bombs,” said Thompson, whose brother Peter was shot dead by undercover British soldiers in Belfast in 1990.
The 1998 Good Friday peace accord ended large-scale violence in Northern Ireland. As part of the peace process, many militants were released from prison or were not prosecuted for actions during the Troubles. The new law would remove the last hope of putting most of them on trial.
It would also lift the threat of prosecution from troops who served in Northern Ireland decades ago.
Lewis acknowledged that the new law, which will likely take several months to pass through Parliament, would be “very challenging for many.” But he said it would allow a fuller accounting of a dark chapter of history.
Lewis said it was a “painful reality that, with more than two thirds of Troubles-related cases now over 40 years old, the prospect of successful prosecutions is vanishingly small.”
He said the focus would now be on providing “truth and accountability” about the past.
Conservative lawmaker Johnny Mercer, who has campaigned against prosecutions of military veterans of the Troubles, said it was a sad fact that some victims would not get justice and “people will get away with things they should not get away with.”
“There are no winners here,” he said.
“The whole thing is a disaster but we have to do what we can to bring some sort of end and finality and truth to this process for the victims, and that is what I want colleagues to focus on.” | https://cw33.com/news/international/ap-international/victims-groups-slam-uk-plan-for-amnesty-over-troubles-crimes/ | 2022-05-25T08:04:38Z |
ONTARIO, Calif., May 4, 2022 /PRNewswire/ -- Ontario International Airport (ONT) officials announced the appointment of Mark Haneke, a distinguished aviation industry executive of 30 years, as Chief Marketing and Air Service Strategy Officer, a new position critical to the airport's accelerating recovery from the COVID-19 pandemic and the future growth of commercial air service.
Haneke, who has traveled extensively to more than 120 countries on the seven continents of the globe, has been manager of air service development and marketing at Sacramento International Airport (SMF) where he was instrumental in growing airline seat capacity by 28% and flight departures by 22% including new and expanded services to such popular destinations as Boston, Florida, Hawaii, Mexico, New York, Vancouver and Washington, D.C.
Prior to the onset of the COVID-19 pandemic, SMF passenger volume grew 37% under Haneke's watch beginning in 2015. More recently, Haneke's efforts have been critical in restoring SMF's seat capacity to 95% of 2019 levels.
"Mark joins us at an exciting time with Ontario International's pandemic recovery moving at an industry- leading pace. From his position in Sacramento, he gained a keen understanding of Ontario's evolution as an aviation gateway for Southern California. His impressive background and record of accomplishment will help to ensure our airport's continued success," said Atif Elkadi, Chief Executive Officer of the Ontario International Airport Authority (OIAA). "With his extensive travel history, Mark knows well what makes airports most appealing to airlines and air travelers alike. We eagerly await his arrival."
In addition to spearheading air service development, Haneke will oversee marketing, communications, community engagement, customer experience and digital media operations when he assumes his new role June 6.
"I'm thrilled to join the OIAA team at such an exciting time in the ONT's history. I'm impressed by the team's 'can do' spirit and optimistic about ONT's upside potential given the Inland Empire's strong economic outlook. I look forward to ensuring that ONT captures a growing share of SoCal air traffic," Haneke said.
Haneke earned a Master of Business Administration degree at Thunderbird School of Global Management in Phoenix, Master of Arts (Economics) at the University of Texas at Arlington and Bachelor of Science (Business Administration) at the University of Colorado Boulder. He speaks French, German and Spanish.
Officials also announced the recent hire of Quinn P. Annelin as senior manager of air service development who will work closely with Haneke in attracting new airlines and growing ONT's commercial air service. The Orange County resident is a veteran of the airline industry with 14 years of experience in a variety of sales, alliances and data analysis positions with United Airlines, Hawaiian Airlines and Continental Airlines. Before joining ONT, Annelin was most recently senior manager of market strategy with United Airlines in San Francisco, charged with increasing the airline's local market share.
Annelin holds a Master of Business Administration from the University of Texas at Austin and a Bachelor of Arts (International Relations & Asian Studies) from Claremont McKenna College in Claremont, CA, where he was a four-year varsity swimmer. Annelin also has spent time studying and working in Japan, and is proficient in Japanese.
Ontario International Airport (ONT) is the fastest growing airport in the United States, according to Global Traveler, a leading publication for frequent fliers. Located in the Inland Empire, ONT is approximately 35 miles east of downtown Los Angeles in the center of Southern California. It is a full-service airport which, before the coronavirus pandemic, offered nonstop commercial jet service to 26 major airports in the U.S., Mexico, Central America and Taiwan. More information is available at www.flyOntario.com. Follow @flyONT on Facebook, Twitter, and Instagram
The OIAA was formed in August 2012 by a Joint Powers Agreement between the City of Ontario and the County of San Bernardino to provide overall direction for the management, operations, development and marketing of ONT for the benefit of the Southern California economy and the residents of the airport's four-county catchment area. OIAA Commissioners are Ontario Mayor Pro Tem Alan D. Wapner (President), Retired Riverside Mayor Ronald O. Loveridge (Vice President), Ontario City Council Member Jim W. Bowman (Secretary), San Bernardino County Supervisor Curt Hagman (Commissioner) and retired business executive Julia Gouw (Commissioner).
OIAA Media Contact:
Steve Lambert (909) 841-7527 slambert@flyontario.com
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SOURCE Ontario International Airport | https://www.mysuncoast.com/prnewswire/2022/05/04/ontario-international-airport-names-longtime-aviation-executive-mark-haneke-lead-marketing-air-service-development/ | 2022-05-04T12:56:36Z |
State says Washington’s wolf population grew 16% last year
By NICHOLAS K. GERANIOS
Associated Press
SPOKANE, Wash. (AP) — Washington’s wolf population grew in 2021 for the 13th consecutive year, showing a 16% increase from the previous year. That’s according to a report released Saturday by the state Department of Fish and Wildlife. As of Dec. 31, 2021, the agency says there were 206 wolves in 33 packs in Washington. Nineteen of these were successful breeding pairs. This is up from 178 wolves in 29 packs and 16 breeding pairs in the 2020 count. This is a minimum count, so the agency said the actual number of wolves in Washington is higher. Four new packs formed in 2021, in Columbia County, Ferry County, Stevens County, and Chelan County. | https://localnews8.com/news/ap-idaho/2022/04/09/state-says-washingtons-wolf-population-grew-16-last-year/ | 2022-04-09T22:39:44Z |
CHESTER, Pa, Aug. 16, 2022 /PRNewswire/ -- Covanta, a leader in sustainable materials management and a premier provider of environmental solutions benefitting businesses and communities across North America, has once again contributed to The Chester Environmental Partnership scholarship program providing $20,000 worth of financial support for deserving students.
Each year for the last 15 years, the Chester Environmental Partnership (CEP), an organization committed to improving the environment in Chester and surrounding communities as they build for the future, awards monetary scholarships to deserving local high school and college students to assist in their continued education. Eight students were selected to receive scholarships for the 2022 program. The students are attending Lincoln University of Pennsylvania, Neumann, Rutgers, Howard, Drexel, and Alvernia Universities.
"Without Covanta's contributions to the CEP scholarship fund our students would not be able to meet the financial demands of higher education," stated Dr. Horace Strand, Chairman of the CEP. "The scholarship, originally created by Covanta, garners overwhelming appreciation from both parents and students who are incredibly grateful, and sometimes tearful, to think that in their own community there is an opportunity like this available."
"Covanta is proud to work with the CEP to recognize the achievements of these hardworking students and support their educational ambitions in a tangible way," said Don Cammarata, Area Asset Manager for Covanta. "Investing in the educational future of Chester's best and brightest is part and parcel to our mission of Protecting Tomorrow, especially in the communities in which we operate."
In keeping the waste remaining after all efforts have been made to recycle it out of landfills, Covanta Delaware Valley reduces greenhouse gas emissions by more than 1.1 million tons of carbon dioxide per year, equivalent to taking 233,000 passenger vehicles off the road. The facility produces 87 megawatts of renewable electricity 24 hours a day, 7 days a week; enough to power 54,000 homes each year while annually recovering and recycling 60,000 tons of metals.
About Chester Environmental Partnership
The Chester Environmental Partnership (CEP) is a broad-based organization with representation from the community, federal, state, and local government, local solid waste incineration facilities, businesses, local churches, non-profit organizations, universities, and a number of developers committed to improving the environment in Chester and surrounding communities as they build for the future. Our mission is to improve and sustain a higher quality of life, clearer and healthier environment for the residents of the city of Chester and the Commonwealth, while attracting positive economic development, sustainable growth, economic opportunities for the residents of Chester, and reducing air emission and negative environmental exposures to the citizens through collaborative partnerships.
About Covanta
Covanta is a leader in sustainable materials management providing environmental solutions to businesses and communities across the U.S. Through its network of facilities and state-of-the-art services, Covanta is a single-source partner in solving today's most complex environmental challenges. For more information, visit covanta.com.
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SOURCE Covanta Holding Corporation | https://www.kxii.com/prnewswire/2022/08/16/covanta-delaware-valley-chester-environmental-partnership-join-forces-award-20000-scholarships-local-students/ | 2022-08-16T14:06:54Z |
GRAND RAPIDS, Mich. and NASHVILLE, Tenn., June 2, 2022 /PRNewswire/ -- Cancer & Hematology Centers of Western Michigan (CHCWM) and OneOncology, the national platform for independent community oncology practices, announced today that the two organizations have finalized an agreement to partner in delivering oncology services to Michigan communities. CHCWM has 25 medical oncologists and 55 advanced practice providers caring for patients at four main sites in Grand Rapids, Holland and Muskegon.
The partnership with OneOncology brings analytics, clinical technology and national partnerships to help CHCWM expand services along the cancer care continuum, including an expansion of CAR-T therapies and theranostics.
"Affiliating with OneOncology benefits our patients and our practice partners by providing resources to expand access to innovative treatment options for patients in West Michigan," said Mark Campbell, MD, MHA, President, CHCWM. "By aligning with other leading oncology practices, our participation in OneOncology brings the technology and data that will place CHCWM at the forefront of value-based contracting arrangements with employers and payers – a must to provide patient-centric, high-quality cancer care in our communities."
In addition to their robust phase II and phase III research programs, CHCWM's phase I research program, START-Midwest, is one of the largest phase I units in the midwestern US with 60 open phase I trials enrolling approximately 190 patients last year. CHCWM will participate in OneOncology's OneR research network, thereby bringing additional trial opportunities to the community. Their addition will reciprocally enhance the diverse patient population footprint that OneR trials offer sponsors. The affiliation of the two organizations will further improve access to biomarker testing and next generation sequencing for patients in the community setting.
"Having a practice as prestigious and innovative as the Cancer & Hematology Centers of Western Michigan further strengthens our partnership, which benefits all our practices," said Jeff Patton, MD, CEO, OneOncology. "The Western Michigan physicians bring their patients the best in cancer care services, including clinical trials and innovative therapies. We look forward to working with them to expand their service lines and ensure patients in Western Michigan have access to cutting-edge cancer care close to home."
CHCWM is a leader in value-based care. A participant in Medicare's Oncology Care Model, the practice has saved Medicare greater than $27 million dollars since the inception of the program, representing a 9% reduction in cost of care. The practice is also one of twelve oncology practices participating in the American Society of Clinical Oncology (ASCO) and Community Oncology Alliance (COA) Patient-Centered Cancer Care Certificate Program, a pilot that certifies outpatient oncology group practices and health systems that meet a single set of comprehensive, expert-backed standards for patient-centered care delivery. The pilot is based on ASCO and COA published oncology medical home standards.
OneOncology was founded by community oncologists, for community oncologists, with the mission of improving the lives of everyone living with cancer. Our goal is to enable community oncology practices to remain independent and to improve patient access to care in their communities, all at a lower cost than in the hospital setting. OneOncology supports our platform of community oncology practices through group purchasing, operational optimization, practice growth, and clinical innovation. Our 700 cancer care providers care for 280,000 patients at 181 sites of care nationwide. To learn more, visit oneoncology.com or LinkedIn.
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SOURCE OneOncology | https://www.wibw.com/prnewswire/2022/06/02/cancer-amp-hematology-centers-western-michigan-joins-oneoncology/ | 2022-06-02T11:46:00Z |
Binge drinking is worse for your health than a daily drink, study finds
(CNN) - How often do you enjoy an alcoholic drink? If you classify yourself as a moderate drinker, there’s a better than 50-50 chance you’ll engage in binge drinking.
A new study found moderate drinkers, defined as having a drink a day over a week, account for more than 70% of binge drinking cases, where people drink a week’s worth of alcohol in one sitting.
The American Journal of Preventive Medicine study’s co-author says a focus on average consumption by itself hides underlying drinking patterns.
More than 1,200 drinkers aged 30 and older were studied from 2004 to 2005 and 2015 to 2016, with moderate and heavy drinkers separated.
Over the time frame, researchers found moderate drinkers made up nearly 80% of those with alcohol problems.
Those in the group binge drinking had five times better chance of developing alcohol-related health issues.
The takeaway: Problems are tied to how much a person drinks rather than how often.
Researchers say public health efforts need to focus on moderate drinkers.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/02/binge-drinking-is-worse-your-health-than-daily-drink-study-finds/ | 2022-07-02T17:46:05Z |
PickUp USA Fitness Set to Open a New Franchise Location in Colorado
LOS ANGELES, June 21, 2022 /PRNewswire/ -- PickUp USA Fitness (www.pickupusafitness.com) will be opening their newest franchise location in Greenwood Village in July.
Founded in 2012 in Irwindale, California, PickUp USA is a national chain of basketball gyms that provides basketball related services for youth and adults. The company has 16 locations open or under construction with an additional 31 franchise licenses awarded.
PickUp USA gyms offer traditional weight and cardio equipment, but their focus is serving consumers seeking basketball activities. Some of their offerings include youth basketball camps, youth basketball development leagues, private basketball training, adult basketball leagues, PickUp basketball for youth and adults, as well as basketball tournaments.
PickUp USA in Greenwood Village will be the first PickUp USA location in Colorado and is one of two clubs opening in the Denver market this year for the California-based gym chain. This location will feature two full basketball courts, a 2,500sf weight room, Vertimax training, and shooting machines.
Ralph and Amber Henderson are the franchise owners of the new PickUp USA and see a major opportunity in the Denver market for their gym. "I decided to open a PickUp USA in Greenwood Village because it's something Colorado needed," says Ralph Henderson about his gym. "My love for the sport makes me wish I experienced it as a child. This place is great for adults but amazing for youth who love basketball as much as I do."
In February of 2021, the Hendersons were considering opening their own basketball gym concept when they came across PickUp USA during a Google search. They connected with PickUp USA's Franchise Development Manager, Grace Ronquillo, to discuss the opportunity further.
"From my first conversation with Ralph and Amber, I knew that they were going to be a great fit for our brand," says Ronquillo. "We had been vetting franchise partners in Colorado for a while, and I knew our search was over very shortly after connecting with the Hendersons."
A month later, the Hendersons had signed their franchise agreement and were working with PickUp USA's real estate team to secure a facility for their gym.
PickUp USA Greenwood Village is currently pre-selling memberships and is opening to the public in July.
More information on PickUp USA can be found at: www.pickupusafitness.com
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SOURCE PickUp USA Fitness | https://www.mysuncoast.com/prnewswire/2022/06/22/new-basketball-gym-opening-greenwood-village/ | 2022-06-22T03:02:00Z |
Tom Weiskopf, major champion and golf course architect, dies
(AP) – Tom Weiskopf’s golf skill went far beyond his 16 victories on the PGA Tour and his lone major at Troon in the British Open. He was always candid, often outspoken and unfailingly accurate in the television booth. He found even greater success designing golf courses.
Weiskopf died Saturday at his home in Big Sky, Montana, at the age of 79, his wife said. He was diagnosed with pancreatic cancer in December 2020.
Laurie Weiskopf said Tom was working last week at The Club at Spanish Peaks and attended a legacy luncheon at the signature club where he was designing “The Legacy: Tom’s Ten,” a collection of his 10 favorite par 3s.
“He worked to the end. It was amazing,” she said. “He had a big life.”
The son of a railroad worker in Ohio, Weiskopf once said he fell in love with the game before he even began to play. His father took him to the 1957 U.S. Open at Inverness and he was mesmerized watching Sam Snead make such pure contact.
“You had dinner with Tom and loved every minute of it,” Andy North said Sunday. “The sad thing that gets lost is how good he was. Every time he hit a shot, it was beautiful.”
Pure contact was his hallmark at Ohio State and then his career on tour. At 6-foot-3 — tall for golf in that era — Weiskopf had a swing that was powerful and rhythmic, natural and athletic. His best year was in 1973, when he won seven times around the world, including the claret jug and the World Series of Golf at Firestone before it was an official tour event.
He was known equally for the majors he didn’t win and the competition he faced — particularly Jack Nicklaus, the star from Ohio who preceded him by a few years on tour and cast an enormous shadow over Weiskopf for his entire career.
Weiskopf had four runner-up finishes in the Masters, the most of any player without having won the green jacket. Most memorable was in 1975, when Weiskopf and Johnny Miller stood on the 16th tee as they watched Nicklaus hole a 40-foot birdie putt up the slope that carried him to another victory.
He was famous for saying of Nicklaus: “Jack knew he was going to beat you. You knew Jack was going to beat you. And Jack knew you knew he was going to beat you.”
More telling was his interview with Golf Digest in 2008 when Weiskopf said: “Going head to head against Jack Nicklaus in a major was like trying to drain the Pacific Ocean with a teacup. You stand on the first tee knowing that your very best golf might not be good enough.”
Weiskopf was plenty good in so many areas, and yet he often said he didn’t make the most out of his talent. He attributed much of that to drinking, which he once said ruined his golf career. He gave up alcohol in 2007 and considered that one of his great victories.
Nicklaus once said of him, “Tom Weiskopf had as much talent as any player I’ve ever seen play the tour.”
He also said he was never passionate enough about golf. His love was the outdoors, particularly hunting and fishing. Weiskopf once skipped the 1977 Ryder Cup so he could go sheep hunting.
His free spirit and unfiltered thoughts were a big part of his personality. His temper led to nicknames like the “Towering Inferno” and “Terrible Tom.” So much of it was traced to his high standards when it came to golf.
“I could not accept failure when it was my fault,” he said after winning the U.S. Senior Open in 1995 at Congressional. “It just used to tear me up.”
Weiskopf’s last PGA Tour victory was the 1982 Western Open. His last full year on the PGA Tour was a year later. He played on the PGA Tour Champions, and perhaps it was only fitting his lone major was the Senior Open by four shots over Nicklaus.
His commentary on TV for CBS at the Masters and for ABC/ESPN was all about candor.
He was working the 1986 Masters when Nicklaus was charging his way to victory at age 46. Nicklaus was on the 16th tee when CBS host Jim Nantz brought in Weiskopf and asked, “What is going through Jack’s mind right now?”
“If I knew the way he thought, I would have won this championship,” Weiskopf replied with a laugh.
Weiskopf partnered with golf course architect Jay Moorish and their first collaboration was Troon Country Club in Scottsdale, Arizona, which Golf Digest rated as the best new course of 1986. He did 25 courses with Moorish and then worked with Phil Smith.
Among 80 courses Weiskopf designed were Loch Lomond in Scotland and in 2016 a renovation of the North Course at Torrey Pines that fit his standard — challenging at the highest level, enjoyable for all.
A standard of his design is the drivable par 4. The inspiration came from playing the Old Course at St. Andrews, where he could drive four of the par 4s, depending on the wind.
Weiskopf summed up his contributions to golf last summer to Golf Digest.
“Golf, to me, was always such a great challenge of the mind, and there were times I wish I had handled that challenge a little better,” he said. “But I love the game. I love talking about it and thinking about it and to me it is endlessly fascinating.”
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/21/tom-weiskopf-major-champion-golf-course-architect-dies/ | 2022-08-21T21:28:51Z |
(The Hill) — Close to half of Republican primary voters want someone other than former President Donald Trump to run in 2024, according to a new poll that comes as he considers an early announcement of another White House bid.
When respondents in The New York Times/Siena College poll were asked who they would vote for should the 2024 GOP primary be held today, voters offered the most support to Trump with 49 percent backing the former president. Forty-seven percent, however, indicated they would support another Republican nominee.
Support for the former president drops to 41 percent among GOP primary voters between the ages of 18 and 28 years old and 44 percent for those between the ages of 30 and 44 years old, pollsters noted.
The Times added that 65 percent of Republican primary voters with at least a college degree and 64 percent of those under 35 years old would vote against the former president in a primary — key groups of the Republican base that would be crucial to the former president’s support.
Florida Gov. Ron DeSantis (R ) received the second-highest support among primary voters when respondents were asked who they would vote for in a Republican presidential primary for 2024 at 25 percent – the only candidate besides Trump to receive double-digit support.
Former Vice President Mike Pence, Sen. Ted Cruz (R-Texas), former South Carolina Gov. Nikki Haley (R), former Secretary of State Mike Pompeo and “Someone else” registered single-digit support in the survey.
The polling comes as Trump mulls a third presidential bid, which he has at times teased but has not formally announced. Multiple sources told The Hill that there has been some discussion of Trump making an announcement as soon as this summer.
The New York Times/Siena College poll was conducted between July 5 and July 7 with 849 registered voters. The margin of sampling error is 4.1 percent. | https://cw33.com/news/nexstar-media-wire/nearly-half-of-republicans-want-someone-other-than-trump-in-2024-survey/ | 2022-07-12T15:16:30Z |
CHARLOTTE, N.C., June 2, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today the release of its annual global Sustainability Report.
2021 Sustainability Report Highlights
- On Track to Meet Existing Targets for GHG and Freshwater Intensity
- Initial Assessment of Scope 3 Greenhouse Gas Emissions (GHG)
- Completed Initial Life Cycle Assessments (LCAs) of Lithium Products
- New Targets for Diversity, Equity and Inclusion (DE&I) Priorities
- Sustainability Webcast Scheduled for June 28, 2022, at 9 a.m. EDT
"Albemarle plays an important role in combating climate change, enabling the energy transition and supporting safe and sustainable advancement of electrification and digitalization," said Albemarle CEO Kent Masters. "Sustainability is core to our long-term strategy. Our Sustainability Report highlights progress, commitments, and successes we realized in 2021 on a global scale as we continue to add value for all our stakeholders through our sustainability efforts."
On Track to Meet Existing Targets for GHG Emissions and Freshwater Reductions
Last year, Albemarle began executing its climate strategy and the company is on track to meet or exceed initial sustainability targets for GHG emissions and freshwater intensity. This year's report includes 2021 actions such as the procurement of renewable energy in the U.S. and the Netherlands and construction completion of a $100 million thermal evaporator in Chile. Albemarle also engaged PricewaterhouseCoopers LLP to provide independent assurance of scope 1 and 2 GHG data.
Initial Assessment of Scope 3 GHG Emissions and Completed LCAs
In this year's report, Albemarle announced its initial assessment of scope 3 GHG emissions, including areas such as purchased goods and services, processing of sold products, use of sold products, and end-of-life treatment of sold products. The company will continue to refine its assessment in the coming years and will use the initial assessment to work with customers and suppliers to reduce emissions across the supply chain.
The report also provides detail on Albemarle's first LCAs, completed in 2021, related to rock-based lithium hydroxide and brine-based lithium carbonate. Both studies were performed in accordance with ISO 14040/14044 standards. In addition, Albemarle plans to incorporate LCA requests into its sustainable procurement process to better understand the environmental impact of its suppliers.
DE&I Targets
In 2021, the company released its DE&I strategic plan for measurable actions to integrate DE&I in decision making, enhance organizational effectiveness, and meet future challenges and needs. Albemarle has set a 2022 goal of increasing global gender diversity by a further 1% year over year with a particular focus on its manufacturing workforce, and a goal to increase U.S. racial diversity in senior-level management roles by 1% year over year. The company plans to increase diversity steadily and consistently with the long-term goal of meeting or exceeding global manufacturing benchmarks.
For more information, please see Albemarle's 2021 Sustainability Report.
Albemarle Sustainability Webcast
Albemarle will host a webcast on Tuesday, June 28, at 9 a.m. EDT with CEO Kent Masters, CFO Scott Tozier, VP of Government and Community Affairs Ellen Lenny-Pessagno, VP of Investor Relations and Sustainability Meredith Bandy and VP of Culture Timitra Hildebrand-Jones, who will present an update on Albemarle's sustainability initiatives.
Registration for the webcast can be accessed here. Once registered, users will receive a link via email to directly access the webcast. A webcast replay will be posted to the company's website following the conclusion of the event.
About Albemarle
Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine, and refining catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.
We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves.
Forward-Looking Statements
Some of the information presented in this press release, the conference call and discussions that follow, including, without limitation, information related to sustainability goals and commitments, targets and timelines for achievement, environmental impact reduction goals, sustainability priorities, and all other information relating to matters that are not historical facts may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results and future actions could differ materially from the views or plans expressed or implied due to a number of important factors, including those detailed from time to time in the reports we file with the SEC, including those described under "Risk Factors" in our most recent Annual Report on Form 10-K any subsequently filed Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this press release. We assume no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.
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SOURCE Albemarle Corporation | https://www.kxii.com/prnewswire/2022/06/02/albemarle-2021-sustainability-report-highlights-advancements-new-existing-targets/ | 2022-06-02T20:30:54Z |
KU men’s basketball releases non-conference schedule
Published: Jun. 28, 2022 at 2:58 PM CDT|Updated: 35 minutes ago
TOPEKA, Kan. (WIBW) - The sign of a new basketball season is inching closer after Kansas men’s basketball announces their 2022-2023 non-conference schedule.
KU will start with an exhibition game against Pittsburg State Wednesday, Nov. 2 and then match up with Omaha Monday, Nov. 7. The Jayhawks will have their hands full on the road against Duke Tuesday Nov. 15.
Kansas will play in the Battle 4 Atlantis Nov. 23 - Nov 25 as part of a Thanksgiving Tournament.
Some other matchups to look out for, KU faces off against Missouri Dec. 10, Indiana Dec. 17 and Kentucky Jan. 28.
To find the full non-conference schedule, click here.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/28/ku-mens-basketball-releases-non-conference-schedule/ | 2022-06-28T20:34:35Z |
HONG KONG, April 22, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE:600938) announced today that Luda 5-2 oilfield north phase I project and Kenli 6-1 oilfield 4-1 block development project have commenced production.
Luda 5-2 oilfield north phase I project is located in Liaodong Bay of Bohai Sea, with average water depth of about 32 meters. In addition to fully utilizing the existing processing facilities of Suizhong 36-1 oilfield, the project has built 1 thermal recovery wellhead platform and 1 production adjective platform. A total of 28 development wells are planned, including 26 production wells and 2 water source wells. The project is expected to reach its peak production of approximately 8,200 barrels of crude oil per day in 2024.
Kenli 6-1 oilfield 4-1 block development project is located in the south of Bohai Sea, with average water depth of about 17 meters. In addition to fully utilizing the existing processing facilities of Bozhong 34-9 oilfield, the production facility is a wellhead platform. A total of 12 development wells are planned, including 7 production wells and 5 water injection wells. The oilfield is expected to reach its peak production of approximately 4,000 barrels of crude oil per day in 2022.
CNOOC Limited holds 100% interest in Luda 5-2 oilfield north and Kenli 6-1 oilfield 4-1 block and acts as the operator.
-End-
Notes to Editors:
More information about the Company is available at http://www.cnoocltd.com.
*** *** *** ***
This press release includes forward looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company's expectations, including but not limited to those associated with fluctuations in crude oil and natural gas prices, macro-political and economic factors, changes in the tax and fiscal regimes of the host countries in which we operate, the highly competitive nature of the oil and natural gas industry, environmental responsibility and compliance requirements, the Company's price forecast, the exploration and development activities, mergers, acquisitions and divestments activities, HSSE and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws.
Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.
*** *** *** ***
For further enquiries, please contact:
Mr. Su Yuchi
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-5897
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn
Mr. Bunny Lee
Porda Havas International Finance Communications Group
Tel: +852 3150 6707
Fax: +852 3150 6728
E-mail: cnooc.hk@pordahavas.com
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SOURCE CNOOC Limited | https://www.mysuncoast.com/prnewswire/2022/04/23/cnooc-limited-announces-2-projects-commenced-production/ | 2022-04-23T06:41:43Z |
Couple finds out they own a road by getting $18,000 power bill for streetlights
MAILI, Hawaii (HawaiiNewsNow/Gray News) - A couple in Hawaii recently learned in a costly manner that they were the owners of a road they had bought a home on.
Halemaluhia Place in Maili, Hawaii, was built in the 1990s.
Resident David Carona said he wanted a street light fixed in front of his home and was told he needed to contact the owner of the road, according to HawaiiNewsNow.
“This street light was out so I called the city to have it repaired or have it corrected, and they told me that the street itself was private, and I had to contact the owner of the street to have it replaced and fixed,” he said.
It turned out the owners were Desha-Ann and Rashaan Kealoha, although they didn’t know it yet.
“When we first moved in, our other neighbor told us that we own the street,” Desha-Ann Kealoha said. “And we kinda just laughed it up because we thought, ‘We’re the new neighbor.’”
Carona did some research and then discovered that the road wasn’t conveyed to the city when the subdivision was completed. But he wasn’t able to find the original developer to find out why.
HawaiiNewsNow also tried to find out who the developer was, without success.
“Somehow, the original developer or owners of the lot that were supposed to dedicate it, conveyed it to the original owner of the property the Kealohas own now,” Carona said.
The Kealohas didn’t take it seriously until they got a letter from Hawaiian Electric Company (HECO) asking for $18,000 for 20 years of streetlight use.
“As soon as I got it, I panicked,” Desha-Ann Kealoha said. “So, I started making all the phone calls necessary to find out why I should be held liable for it.”
The issue came before the Honolulu City Council on Wednesday.
HECO member Judy Hirashima said they’re not expecting the family to pay up.
“The intention I just want to share was not to collect the past due bill for over 20 years of electricity for the street lights,” Hirashima told the council. “That wasn’t the intention when we reached out.”
HECO said it just wants to determine who will pay the bill going forward, but couldn’t say why it took so long to discover the unpaid bill.
Councilmember Andria Tupola sponsored a resolution for the city to take possession of Halemaluhia Place and the responsibility for the light bill. Councilmembers adopted the resolution and Desha-Ann Kealoha testified in support of the measure.
“We definitely have an inside joke about this street being ours,” Kealoha said. “But you know, at the end of the day, I don’t want it to be ours.”
Copyright 2022 KHNL/KGMB via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/15/couple-finds-out-they-own-road-by-getting-18000-power-bill-street-lights/ | 2022-08-15T18:42:32Z |
Belrose Storage Group sells Granite City Storage after executing value-add strategies
WAYNE, Pa., Aug. 5, 2022 /PRNewswire/ -- Belrose Storage Group (BSG) a leading self-storage investment group, announced today that it sold its Granite City Storage facility in Mount Airy, NC out of its value-add portfolio. The facility consists of 402 units and 53,986 net rentable square feet.
BSG executed its proven value-add strategies to increase the facility's net operating income from $210,000 to nearly $300,000 in less than 18 months. These strategies included aggressive rate increases after a thorough market supply and demand study, effective marketing and adding a tenant protection plan.
"Our success with Granite City Storage again shows the strength of our strategy, our team and also our commitment to executing above expectations," says Joe Downs, Chief Executive Officer of Belrose Storage Group. "We were able to sell Granite City at our five-year value projection in less than two years. And it's not our first time over-performing like this."
"We did our homework, came up with a great plan and our team executed flawlessly," stated Tim Kane, Chief Operating Officer. "We love when a plan comes together so well. And we are executing this way across our entire portfolio with every facility performing above plan. We are ready for any economic troubles that may be around the corner."
"Our Granite City investors that invested $100,000 received over $162,000 back in 18 months. Helping our investors grow their wealth through real estate that provides tax advantages, capital preservation, passive income and value appreciation is what keeps us motivated and hunting for the best investment opportunities out there," stated Tom Dunkel, Chief Investment Officer. "We are far from the largest player in self storage, but we execute our disciplined investment program with passion and excellence. We take pride in the fact that our investors continue to invest in our projects over and over again, and they bring their friends and family as well. That speaks volumes to our team and we are grateful."
BSG partnered with Scott Meyers and his team at Kingdom Storage Partners. Jesse Luke, EquiCap Commercial and Michael Morrison, Midcoast Properties advised BSG.
Past performance does not necessarily predict future results.
BSG currently owns self-storage facilities in Maryland, Virginia, North Carolina, Georgia and Florida and is actively and selectively searching for under-performing facilities in the eastern United States. The company's mission is to provide high net-worth investors with quality investment opportunities that will help them reach their capital preservation, passive income and value appreciation goals in a tax-advantaged asset class. For more information about Belrose Storage Group and to get pre-approved for upcoming investment offerings, visit BelroseStorageGroup.com
Contact:
Tom Dunkel, Chief Investment Officer
BELROSE STORAGE GROUP
351 E Conestoga Road
Suite 207
Wayne, PA 19087
Phone: (484) 498-8254
Email: Tom@belroseam.com
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SOURCE Belrose Storage Group | https://www.kxii.com/prnewswire/2022/08/05/belrose-investors-earn-62-return-investment-18-months/ | 2022-08-05T11:26:42Z |
Rattan-Kingston Baseball Highlights
Published: Apr. 2, 2022 at 9:34 PM CDT|Updated: 11 hours ago
Rattan-Kingston Baseball Highlights
Copyright 2022 KXII. All rights reserved.
Rattan-Kingston Baseball Highlights
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/04/03/rattan-kingston-baseball-highlights/ | 2022-04-03T13:52:03Z |
LA Galaxy Defender Julián Araujo Signs Multi-Year Sports Nutrition and Performance Sponsorship with Herbalife Nutrition
LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- Herbalife Nutrition and the LA Galaxy have agreed to a multi-year renewal of their partnership, which began in 2005 as the club's official nutrition partner. Herbalife Nutrition will continue as the official presenting and jersey sponsor of the club – a designation that began in 2007 and is the longest-running in Major League Soccer (MLS) history.
Beginning with the 2023 MLS season, Herbalife Nutrition will continue as the LA Galaxy's exclusive nutrition partner, the club's exclusive health and wellness partner, and the official nutrition lifestyle partner. Additionally, Proactive Fueled by Herbalife Nutrition, an elite state-of-the-art performance facility, located in Westlake Village, CA, will be available to the team for preseason training and sports performance testing at the facility. As part of the sponsorship, the Los Angeles Galaxy Foundation and the Herbalife Nutrition Foundation are also committing $1.25 million to support charitable efforts to benefit vulnerable and underserved children around the world, which to date has resulted in $2.5 million to global communities in need.
"We are excited to extend our 17-year partnership with the LA Galaxy and expand it to include new areas of collaboration that will benefit our independent distributors, LA Galaxy players, fans and communities worldwide" said Frank Lamberti, regional president of the Americas for Herbalife Nutrition. "We are also proud to announce that we signed a deal to be the exclusive nutrition partner for LA Galaxy's defender Julián Araujo."
Furthering the company's commitment to nourishing the potential of athletes, Herbalife Nutrition also signed an exclusive multi-year sponsorship deal with Galaxy defender Julián Araujo, who will utilize the Herbalife24® line of sports performance products, which are *NSF Certified for Sport®, to nourish his performance, on and off-the-field. Julian's sponsorship includes sports nutrition education appearances in the United States and sports nutrition education through the company's social platforms.
"We are thrilled to extend our partnership with Herbalife Nutrition on and off the field and are excited that Julian will join us as we continue to work to improve the communities not only in hour hometown, but worldwide," said LA Galaxy President, Chris Klein.
As part of the Joint Community Partnership program between the LA Galaxy Foundation and Herbalife Nutrition Foundation, which aims to improve the lives of children living in the underserved communities, Araujo will bring a new mini-pitch, a scaled-down soccer field, to a park in Los Angeles, Calif.
"Through this partnership, I'm able to share my passion with my community by giving kids access to a safe place to play soccer while also encouraging them to be fit and active," Araujo said.
A native of Lompoc, Calif., Araujo has tallied six assists in 23 games played (21 starts) during the LA Galaxy's 2022 MLS campaign. In four seasons with LA since signing from the club's Academy in 2019, Araujo has registered one goal and 17 assists in 90 regular-season appearances (80 starts) for the Galaxy. At the international level, Araujo has made three appearances (2 starts) for the Mexican National Team since making his debut on Dec. 8, 2021. Araujo attended Lompoc High School, leading his team to the CIF Southern Section Division 4 playoffs during the 2016/17 season. Araujo received the Mayor's Community Athlete of the Year Award from the LA Sports Council at the 17th Annual LA Sports Awards for his outstanding work in the community in March 2022 and was also named the 2021 LA Galaxy Humanitarian of the Year last season.
Herbalife Nutrition is a global nutrition company that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in 95 markets by entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company's commitment to nourish people, communities and our planet, Herbalife Nutrition pledges to achieve 50 million positive impacts – tangible acts of good – by 2030, its 50th anniversary. For more information, please visit IAmHerbalifeNutrition.com and follow on Twitter @Herbalife.
The LA Galaxy are Major League Soccer's most successful club. Based in Carson, Calif. at Dignity Health Sports Park, the Galaxy have won the MLS Cup a record five times (2002, 2005, 2011, 2012, 2014), the MLS Supporters' Shield four times (1998, 2002, 2010, 2011) and the Lamar Hunt U.S. Open Cup twice (2001, 2005), and one Concacaf Champions Cup (2000) since their inception in 1996. Led by LA Galaxy Head Coach Greg Vanney and President Chris Klein, the Galaxy are the premier club in MLS, with stars like Landon Donovan, David Beckham, Robbie Keane, Steven Gerrard, Giovani dos Santos, Zlatan Ibrahimović, Javier Hernandez and Cobi Jones representing LA over the team's 27 years in MLS. For more information on the LA Galaxy, visit www.lagalaxy.com.
*Certified for Sport® is a registered trademark of NSF International.
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SOURCE Herbalife Nutrition (NYSE: HLF) | https://www.mysuncoast.com/prnewswire/2022/08/16/herbalife-nutrition-la-galaxy-extend-major-league-soccers-longest-running-jersey-sponsorship/ | 2022-08-16T22:32:26Z |
Partnership will integrate Ellipsis Health's clinical grade mental health assessment technology into Ceras Health's clinical monitoring platform to improve assessment and care
SAN FRANCISCO, Aug. 11, 2022 /PRNewswire/ -- Ellipsis Health, the market leader in AI-generated voice biomarker technology, and Ceras Health, a leader in digital health solutions, today announced a partnership that will integrate Ellipsis Health's breakthrough technology that uses the human voice as a biomarker for mental health and wellbeing into Ceras' clinical monitoring platform. This integration will combine Ellipsis Health's AI and deep learning technology with Ceras Health's clinical monitoring and health data analytics platform, enabling real-time severity scores for anxiety and depression to improve care and triage patients in need.
Currently, mental health conditions are at epidemic proportions. In the US, 28 percent of people have depression, while 36 percent suffer from anxiety¹, and 41 percent reported mental health disorders within the last year, two times more than in 2019². The National Alliance on Mental Health estimates that 55 percent of people with mental illness are not receiving treatment, and there is a projected shortage of up to 30,000 psychiatrists in the US by 2024. This explosive growth, coupled with the difficulty in accessing the right treatment for many populations, is part of the impetus for the Ellipsis Health and Ceras Health partnership. Together, the companies plan to bring greater access to mental health treatment for the more than 18 million Medicare patients who have mental health conditions.
"This new partnership will advance the state of mental health care, enabling Ellipsis Health to put its cutting-edge voice technology to work - identifying people in need and then connecting them into integrated behavioral health services," said Mainul Mondal, founder and CEO, Ellipsis Health. "We are proud to partner with Ceras Health, an organization that shares our commitment to using innovative technology to ensure that those in need have access to the right care at the right time, with the potential to transform how mental healthcare is identified, monitored and delivered."
Bringing technology-powered innovation to mental health care, Ellipsis Health is giving voice to a new standard of care, pioneering the only clinically validated vital sign for mental health. By harnessing the unique power of the human voice as a biomarker for mental wellbeing, along with machine learning and AI, Ellipsis Health identifies, measures, and monitors the severity of stress, anxiety, and depression at scale. Its technology analyzes a short voice sample to create an objective and scalable clinical decision support tool.
"This unique partnership with Ellipsis Health aligns with Ceras Health's commitment to providing impactful care for our patients with chronic diseases and innovating how we deliver this care," said Udaya Devineni, Chief Executive Officer (CEO) of Ceras. "The ability to access mental healthcare has never been more important given these unprecedented times, especially for those patients who are also managing chronic diseases, and we are excited about the potential of providing patients with easy and direct access to mental health support."
Ceras Health will be using Ellipsis Health's technology in its digital transitions of care solutions which are transforming how healthcare is delivered, especially for Medicare and other vulnerable populations. By using a combination of 24/7 clinical expertise, remote patient monitoring, artificial intelligence (AI), and advanced data analytics, Ceras Health's solutions blend clinical expertise and digital tools to help patients get the whole person personalized care they need to drive improvements in their health outcomes.
Ellipsis Health was founded with the belief that a person's mental health should have the same priority as one's physical health. The company saw an opportunity to connect the dots between the two - giving voice to a new standard of mental health care. By harnessing the unique power of the human voice as a biomarker for mental wellbeing, along with machine learning and AI, Ellipsis Health has established the only clinically validated vital sign for mental health. Its technology identifies, measures, and monitors the severity of stress, anxiety, and depression at scale by analyzing a short voice sample to create an objective and scalable clinical decision support tool. Through partnerships with providers, payers, employers and digital health companies, Ellipsis Health is working to positively impact the quality of care, shorten the time to diagnosis, drive workflow efficiencies, reduce costs and improve patient outcomes. To learn more about Ellipsis Health, visit https://www.ellipsishealth.com.
Ceras Health is a pioneering digital health solutions provider, utilizing 24/7 clinical expertise and remote monitoring, advanced AI and analytics, connected health devices, and a personalized behavioral change and gamification platform to help and empower patients through their transitions of care. Ceras partners with health systems, providers, and payers, to deliver solutions to vulnerable populations to improve their health outcomes and care experience through digital care with a human touch. To learn more about Ceras Health, visit www.cerashealth.com or email marketing@cerashealth.com.
¹ https://www.cdc.gov/nchs/covid19/pulse/mental-health.htm
² https://www.cdc.gov/mmwr/volumes/69/wr/mm6932a1.htm?s_cid=mm6932a1_x
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SOURCE Ellipsis Health | https://www.kxii.com/prnewswire/2022/08/11/ellipsis-health-ceras-health-partner-improve-early-detection-mental-health-conditions-using-voice-biomarker-technology/ | 2022-08-11T13:45:25Z |
What’s the difference between an air purifier and a dehumidifier?
All of us struggle at times to maintain the perfect level of comfort within our own homes. If your home gets too humid and stuffy or starts to form a slight odor, it might be time to think about investing in a solution.
While air purifiers and dehumidifiers can achieve a few of the same goals, primarily for those who suffer from allergies, there are some critical differences between the two products. Purifiers filter the air and remove any harmful or irritating particles, while dehumidifiers essentially suck moisture from the air, decreasing overall humidity levels. By comparing the functions of each, you can make a more informed decision for your personal needs.
Why choose an air purifier?
As clean air initiatives become more prevalent regarding the environment, having clean and fresh air inside your home is also essential. Air purifiers filter out both large and small particles, many of which can cause allergic reactions, irritation and other health issues.
As we learn more about how air purification and circulation play a significant role in the way harmful aerosols and other particles are spread, having a quality air purifier helps make indoor spaces safer and more comfortable for everyone.
What you’ll love about air purifiers
- Portability: There are many small and highly portable personal air purifiers available today. These models can easily be moved from room to room depending on where and when they’re needed.
- Filter options: Always look for an air purifier that features a HEPA filter, as it can filter out the smallest airborne particles. Some models may even feature one or two pre-filters designed to capture larger particles before they even reach the primary HEPA filter.
- Good for allergies: Anyone who suffers from seasonal allergies caused by pollen, allergies from dust and pet dander or sensitivity to smoke will benefit from using an air purifier. By reducing the overall amount of irritants in your home’s air, you’ll be able to breathe more easily.
- Reduces odors: Air purifiers that utilize more than one filter are good at helping to minimize odors caused by smoke, pets, food and other sources.
- Helps eliminate viruses: Different air filters will have size ratings that show the smallest-sized particles they can filter out. Even if they don’t completely remove every virus, they can get rid of larger particles that aid in viral transportation. Many air purifiers will also contain UV lights designed to kill harmful viruses.
What you should consider about air purifiers
- Room size: Before purchasing an air filter, you’ll want to make sure you choose a model that can filter the entirety of your desired space. Rooms with large square footage may need more powerful air purifiers than smaller bedrooms or offices.
- Price: Air purifiers aren’t always the most affordable product for those on tight budgets, but you can find quality options that range from approximately $100-$1000 or more. You’ll also want to consider the cost of replacement filters.
- Noise: In general, many modern air purifiers tend to be quiet, but some produce more noise than some people prefer. Check the decibel rating if fan noise is an issue.
Top air purifiers
Germ Guardian True HEPA Filter Air Purifier
Using a HEPA filter and UV-C light, this air purifier traps dust and kills harmful viruses quickly and quietly.
Sold by Amazon
Blueair Blue Pure 411+ Air Purifier
This energy-efficient model can filter up to 185 square feet every 12 minutes, while the activated carbon is perfect for removing odors.
Sold by Amazon
A technologically advanced option, this purifier works remotely through the Winix Smart App or by using Alexa voice commands.
Sold by Amazon
Why choose a dehumidifier?
Though they don’t usually filter your air, dehumidifiers have unique benefits that can improve your health and quality of life. By removing the excess moisture from the air, dehumidifiers can help you keep indoor humidity at a stable and desirable level, leading to a more comfortable home.
People with asthma can also benefit from using a dehumidifier, as too high of a humidity level can make breathing more difficult.
What you’ll love about dehumidifiers
- Reduces mold, mildew and dust mites: When using dehumidifiers regularly in homes with high moisture levels, you won’t have to worry about the growth of mold, mildew and dust mites which can lead to allergy attacks.
- Helps food stay fresh: Many types of dried foods and grains are best when kept in areas of low humidity.
- Minimizes odor: By using a dehumidifier to help reduce overly damp or moist areas in your home, you can alleviate unwanted stale and musty scents.
- Easy-to-use controls: Dehumidifiers tend to have simple controls and may even feature convenient preset options.
What you should consider about dehumidifiers
- Noise level: Similar to purifiers, dehumidifiers can sometimes create background noise. Choose a silent option if you plan on using one in your bedroom overnight.
- Tank size: The water removed from the air stores in a removable tank. People who live in humid climates may want to opt for a model with a larger tank size so you won’t have to empty it as often.
- Price: Your overall budget will play a large role, as the total cost can range from $30 for mini-capacity models and up to $300 for large-capacity models.
Top dehumidifiers
Pure Enrichment PureDry Deluxe Dehumidifier
This dehumidifier is great for small to medium-sized rooms with two speed levels, convenient auto-timer and whisper-quiet operation.
Sold by Amazon
Honeywell Energy Star Dehumidifier
Available in three different sizes, this model uses less energy than its competitors and even displays room temperature and humidity levels.
Sold by Amazon
Frigidaire 22-Pint Dehumidifier
This highly portable option features three fan speeds and alerts you when the tank is full, so you can keep it operating without delay.
Sold by Amazon
Should you buy an air purifier or dehumidifier?
Considering that these two helpful products perform different tasks, the answer ultimately comes down to your needs. If you’re hoping to reduce mold, mildew and moisture, a dehumidifier is your best choice. However, if allergy control and air quality are top priorities, a convenient air purifier is undoubtedly the way to go. You may even want to consider using both products in conjunction with each other to create an ideal home atmosphere.
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Matthew Young writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/home-br/heating-cooling-air-quality-br/air-purifier-vs-dehumidifier/ | 2022-04-03T23:38:14Z |
Officials find 2 monkeypox strains in US
NEW YORK (AP) — Genetic analysis of recent monkeypox cases suggests there are two distinct strains in the U.S., health officials said Friday, raising the possibility that the virus has been circulating undetected for some time.
Many of the U.S. cases were caused by the same strain as recent cases in Europe, but a few samples show a different strain, federal health officials said. Each strain had been seen in U.S. cases last year, before the recent international outbreak was identified.
Analysis from many more patients will be needed to determine how long monkeypox has been circulating in the U.S. and elsewhere, said Jennifer McQuiston of the Centers for Disease Control and Prevention.
“I think it’s certainly possible that there could have been monkeypox cases in the United States that went under the radar previously, but not to any great degree,” she told reporters Friday.
Monkeypox typically begins with a flu-like illness and swelling of the lymph nodes, followed by a rash on the face and body. The disease is endemic in parts of Africa, where people have been infected through bites from rodents or small animals. It does not usually spread easily among people.
Last month, cases began emerging in Europe and the United States. Many — but not all — of those who contracted the virus had traveled internationally, and health officials in a growing number of countries are investigating.
As of Friday, the U.S. had identified at least 20 cases in 11 states. Hundreds of other cases have been found in other countries, many apparently tied to sexual activity at two recent raves in Europe.
___
The Associated Press Health & Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/03/officials-find-2-monkeypox-strains-us/ | 2022-06-03T17:49:47Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Generac Holdings Inc. ("Generac" or the "Company") (NYSE: GNRC). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Generac and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Generac has asserted that its recent acquisitions (including its 80% interest in Pramac and acquisition of Off Grid Energy) support the Company's "Powering A Smarter World" strategic plan and has touted the role played by Generac's much-hyped strategic distribution partnership with Sunnova. On June 22, 2022, Spruce Point Capital Management ("Spruce Point") published an investment report alleging that Generac is struggling "to suppress core business challenges, while pivoting towards a highly speculative and unproven acquisition spree in clean energy products and services." Among other things, the Spruce Point report: (1) accused Generac of engaging in a pattern of misreporting acquisition revenue contribution between 2019 and 2021; (2) questioned Pramac's ballooning receivables, calling it "a hallmark of channel stuffing"; (3) observed that Generac's press release announcing the Off Grid Energy acquisition obscured the fact that its 80% Pramac business was the end acquiror and found "evidence to suggest a sham revenue transaction at Off Grid Energy"; and (4) opined that Generac's distribution partnership with Sunnova may have been structured to enable Generac to round-trip cash flows.
On this news, Generac's stock price fell $7.41 per share, or 3.37%, to close at $212.57 per share on June 22, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/08/01/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-generac-holdings-inc-gnrc/ | 2022-08-01T19:05:44Z |
US inflation might have dipped last month from 40-year high
WASHINGTON (AP) — After a year of soaring prices for gas, food and other necessities, inflation may have eased slightly in April from a 40-year high, the first slowdown after seven consecutive months of worsening price increases.
The government is expected to report Wednesday that consumer prices jumped 8.1% last month compared with a year earlier, according to a survey of economists by data provider FactSet. That would be down from the 8.5% year-over-year surge in March, the highest since 1981.
The forecasted drop in annual inflation, if it occurs, would add to other signs that consumer inflation may finally be peaking. Month-to-month price increases are also easing, along with some other inflation gauges.
Yet the April rate would still mark the second-highest inflation in four decades and an ongoing burden for families, especially lower-income Americans. And it would be only a modest step in a likely long and arduous road back to the mild 2% inflation that the Fed has set as its target level. Many economists expect annual price increases to settle into a 5% to 6% range by year’s end, a historically high level that will probably exceed average wage gains.
“It’s too early to declare victory,” said Jose Torres, senior economist at Interactive Brokers. “It’s not going to get any worse, but it’s still at an uncomfortably high level.”
Beyond the financial strain for households, inflation is posing a serious political problem for President Joe Biden and congressional Democrats in the midterm election season, with Republicans arguing that Biden’s $1.9 trillion financial support package last March overheated the economy by flooding it with stimulus checks, enhanced unemployment aid and child tax credit payments.
Biden sought to take the initiative Tuesday and declared inflation “the No. 1 problem facing families today” and “my top domestic priority.”
Biden blamed chronic supply chain snarls related to the swift economic rebound from the pandemic, as well as Russia’s invasion of Ukraine, for igniting inflation. He said his administration will help ease price increases by shrinking the government’s budget deficit and by fostering competition in industries, like meatpacking, that are dominated by a few industry giants.
Still, new disruptions overseas or other unforeseen problems could always send U.S. inflation back up to new highs. If the European Union decides, for example, to cut off Russian oil, gas prices in the United States would likely accelerate. China’s COVID lockdowns are worsening supply problems and hurting growth in the world’s second-biggest economy.
Earlier signs that U.S. inflation might be peaking didn’t last. Price increases decelerated last August and September, suggesting at the time that higher inflation might be temporary, as many economists — and officials at the Federal Reserve — had suggested. But prices shot up again in October, prompting Fed Chair Jerome Powell to start shifting policy toward higher rates.
This time, though, several factors are pointing to an inflation peak. Gas costs, which soared in March after Russia’s invasion of Ukraine, fell on average in April and likely slowed inflation. Used car prices are also expected to have dropped last month. Automakers’ supply chains have unraveled a bit, and new car sales have risen.
Another factor will be how sharp price increases from a year ago affect the new inflation calculations. The prices of many goods spiked last spring as the economy reopened and a surge in demand overwhelmed supplies. But this year, monthly price increases for many goods have been slowing. That may have effect of easing the year-over-year inflation rate.
Furniture costs, for example, had jumped 1.8% just in March 2021 and 2.1% the next month. Yet this March, furniture rose only 0.6%, potentially lowering year-over-year inflation.
Excluding the especially volatile food and energy categories, economists have forecast that so-called core prices jumped 6% in the 12 months ending in April, down from 6.4% in March. That would be the first such slowdown since August. Overall inflation is also expected to have slowed from March to April.
While food and energy have endured some the worst price spikes of the past year, analysts often monitor the core figure to get a sense of underlying inflation. Core inflation also typically rises more slowly than the overall price increases but can also take longer to decline. Rents, for example, are rising at a historically fast pace, and there is little sign of that trend reversing anytime soon.
The unexpected persistence of high inflation has caused the Fed to embark on what may become its fastest series of interest rate increases in 33 years. Last week, the Fed raised its benchmark short-term rate by a half-point, its steepest increase in two decades. And Powell signaled that more such sharp rate hikes are coming.
The Powell Fed is seeking to pull off the notoriously difficult — and risky — task of cooling the economy enough to slow inflation without causing a recession. Economists say such an outcome is possible but unlikely with inflation this high.
In the meantime, by some measures Americans’ wages are rising at the fastest pace in 20 years. Their higher pay enables more people to at least partly keep up with higher prices. But employers typically respond by charging customers more to cover their higher labor costs, which, in turn, heightens inflationary pressures.
Last Friday’s jobs report for April included data on hourly pay that suggested that wage gains were slowing, which, if it continues, could help ease inflation this year.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/11/us-inflation-might-have-dipped-last-month-40-year-high/ | 2022-05-11T11:27:19Z |
Analysis of 20M+ digital marketing interactions between colleges and students support importance of early engagement to influence brand attachment and student retention
Company will host Engage Summit in July, the first student-centered engagement conference for higher ed enrollment, admissions, and marketing professionals
RALEIGH, N.C., June 22, 2022 /PRNewswire/ -- Element451, an AI-powered student engagement platform, today released a new paper, "Swipe, Tap, Submit: The College Experience Goes Personal to Boost Enrollment," which is a call to action for higher ed institutions of all sizes to rethink the state of their current student interactions, from prospects to enrolled students to graduates, and consider the quantifiable recruiting and retention benefits of creating a frictionless student-centered experience.
Leveraging data from more than 22 million higher ed student journeys, Element451 contends that student engagement should be viewed more holistically across the institution to combat enrollment declines and the uptick student stopouts and dropouts which are placing thousands of two- and four-year U.S. colleges at an adapt-or-fail crossroads. Element451 stresses how the market dynamics saddling higher ed, and in particular admissions and enrollment teams, are an opportunity to review whether internal processes and success metrics are overly centered around what has historically worked for the institution versus what is really proving to positively impact today's new generation of students.
"The urgent question that college and university leaders should be asking is whether the student is participating in meaningful ways with the school – no matter where they are in their journey," said Ardis Kadiu, CEO of Element451. "If the student is not, it is up to the school to evaluate what content and opportunities for engagement they are offering, and course correct. From what Element451 has observed, a cohesive student experience translates to higher success metrics across the board — from reducing the time between applying and enrolling to curbing summer melt."
Department-level thinking around what engagement means and disparate methods for delivering communications invariably leads to disjointed interactions for students and inefficiencies for schools. A student affairs department may view engagement in terms of how active a student is in their coursework and other aspects of academic and personal development while the admissions department is measuring successful engagement through a marketing lens of message open rates and event attendance. The result: students get an education in college bureaucracy.
Instead, students should feel a sense of real-time connection. The most innovative colleges are thinking about all of their student communications and reflecting on whether they are personal enough or too generic? Are they engaging students through digital channels that they actually use? Do cumbersome school processes get in the way of students accomplishing tasks?
For additional considerations, and to learn more about how colleges are using AI technology and behavior analytics to meet and continually connect students, download the free insights paper, here.
To help connect the dots between the current state of higher ed marketing and transitioning to a digital-first engagement strategy, Element451 is hosting Engage Summit 2022, Personalizing the Enrollment Journey, in Raleigh, NC, July 26-27.
The in-person and virtual event will feature a keynote address by Wanda Pogue, Global Chief Strategy Officer at VaynerMedia. In her session titled, Breaking Through: How Great Engagement Campaigns Are Made, Ms. Pogue will explain the need for schools to market and engage prospects in the same way that brands do and showcase examples of consumer-centered campaigns that wouldn't have been possible without a strong personalization strategy.
The event will bring together admissions, enrollment and marketing higher ed professionals for immersive discussions and hands-on workshops focused on leveraging technology and data to deliver student-centered experiences.
Session topics include:
- How to Attract, Engage, and Inspire the Next Generations of Students
- Humanizing Data: Making Stronger Connections with Behavioral Marketing
- Deploying and Implementing Modern Marketing Performance: Lessons Learned from a Year of Measurement with Fortune 500 Companies
- Don't Build It: Premade Campaigns
- Record, Recruit, Repeat: Improve Yield and Fight Melt with Personalized Video
- Stop Interrogating Students with Forms and Start Using Surveys
Registration is free and open to all here
Element451 is an advanced student engagement platform, providing higher ed institutions with a competitive admissions advantage from recruitment to enrollment using AI, student behavior data, and modern marketing automation. The Element451 CRM leverages millions of behavior-based data insights to reach prospective students where they are, both in their journey and in their preferred channel to ensure the right message reaches the right student at the right time. For more information, please visit Element451.
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Media Contact:
Lindsay Hull
Zer0 to 5ive
Element451@0to5.com
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SOURCE Element451 | https://www.kxii.com/prnewswire/2022/06/22/element451-addresses-growing-role-ai-personalize-higher-ed-student-journeys-with-release-new-insights-paper/ | 2022-06-22T15:48:07Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- American Elevator Group ("AEG"), one of the fastest-growing groups of select and experienced elevator service providers in the United States, today confirmed its acquisition of Pennsylvania-based Port Elevator. This acquisition expands AEG's presence throughout central Pennsylvania, in addition to AEG businesses Kencor Elevator and Eastern Elevator and brings the total number of AEG business units to 18 nationwide.
Originally incorporated in 1975, and subsequently acquired by Jerry Rexer in 1985, with offices in Williamsport and Harrisburg, PA, Port offers a complete range of services including maintenance, repairs, violation corrections and non-proprietary new equipment installations.
Jerry Rexer, President of Port Elevator, who will assume a consultative role following the acquisition, commented "Port has been a true family enterprise and I am delighted that my sister Laura Paulauskas, working alongside husband Steve Paulauskas, will enjoy the development opportunities our membership of AEG will bring to the business."
"Port Elevator is a valuable addition to AEG, as we continue to expand and accelerate our service coverage nationwide," said C. Mark Boelhouwer, President of American Elevator Group.
Lift Business Advisors, Inc. facilitated the transactions on behalf of Port Elevator.
About American Elevator Group
Founded in 2020, American Elevator Group (AEG) is the largest independent elevator service provider in North America. The group consists of independent elevator companies that deliver local expertise and customer service across 21 states. Backed by significant resources in safety, finance, technology, marketing, and operations, the group is in a continuous state of growth. For more information on AEG, visit www.americanelevator.com
Media Contact:
Linda Healan, Warner Communications
linda@warnerpr.com
404-725-7117
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SOURCE American Elevator Group | https://www.kxii.com/prnewswire/2022/06/01/american-elevator-group-expands-footprint-pennsylvania-with-acquisition-port-elevator/ | 2022-06-01T18:32:55Z |
$168 million of Total revenue in Q1 2022, representing an increase of 282% over Q1 2021
11 new Cell Programs added in Q1 2022, representing 175% growth over Q1 2021
Increasing full year guidance for Total revenue from $325 – $340 million to $375 – $390 million, reiterating Foundry revenue guidance and increasing Biosecurity revenue guidance
Recently announced plans to expand platform capabilities in agricultural biologicals through a series of M&A transactions and flagship collaboration with Bayer
$1.5 billion cash balance provides meaningful multi-year runway as we drive towards profitability
BOSTON, May 16, 2022 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo"), the leading horizontal platform for cell programming, today announced its results for the first quarter ended March 31, 2022. The update, including a webcast slide presentation with additional details on the first quarter and supplemental financial information, will be available at investors.ginkgobioworks.com.
"We sometimes remark that the pace of change never seems to slow at Ginkgo, and the beginning of 2022 has been no exception," said Jason Kelly, co-founder and CEO of Ginkgo. "We added 11 new programs in our cell programming business in the first quarter of 2022, including in many novel areas of work, and realized record revenues in our biosecurity business. We believe we are well positioned for this market downturn and expect to continue to invest in platform growth, both organically and through M&A, while ensuring we maintain a healthy balance sheet. We are particularly excited about our planned transactions with Bayer, in which they will be establishing a flagship partnership with Ginkgo in the field of agricultural biologicals and transferring their physical platform and team to Ginkgo to extend our platform capabilities in this field. We expect to see strategic moves like this in other industries in the coming years."
Recent Business Highlights & Strategic Positioning
- Added 11 new Cell Programs to the Foundry platform in Q1 2022, representing 175% growth over the prior year period
- Concentric, Ginkgo's biosecurity and public health offering, grew rapidly in Q1, reaching $147 million in revenue
- Closed acquisition of FGen AG, a Swiss company specializing in ultra-high-throughput (uHT) screening for strain development and optimization
- Announced plan to expand platform capabilities in agricultural biologics and launch flagship partnership with Bayer
First Quarter 2022 Financial Highlights
- First quarter 2022 Total revenue of $168 million, up from $44 million in the comparable prior year period, an increase of 282%
- First quarter 2022 Foundry revenue of $21 million, down from $23 million in the comparable prior year period, a decrease of 5%. First quarter 2022 Foundry revenue did not include material downstream value share payments and included a higher mix of early-stage programs that have not yet ramped or achieved significant technical milestones which drive revenue recognition
- First quarter 2022 Biosecurity revenue of $147 million with gross profit margin of 42%
- First quarter 2022 Loss from operations of $(675) million (inclusive of stock-based compensation expense of $659 million), compared to Loss from operations of $(57) million in the comparable prior year period. The stock-based compensation expense primarily relates to the continued GAAP accounting for the modification of restricted stock units issued prior to becoming a public company, as disclosed in our Form 10-K filed with the SEC on March 29, 2022
- First quarter 2022 Adjusted EBITDA of $(2) million, improved from $(51) million in the comparable prior year period
- Cash and cash equivalents balance as of the end of the first quarter of $1.5 billion puts Ginkgo in a strong financial position to pursue its strategic objectives
Full Year 2022 Guidance
- Ginkgo continues to expect to add 60 new Cell Programs to the Foundry platform in 2022
- Ginkgo increased its expectation for Total revenue from $325 – $340 million to $375 – $390 million in 2022
Conference Call Details
Ginkgo will host a videoconference today, Monday, May 16, 2022, beginning at 4:30 p.m. ET. The presentation will include an overview of the first quarter financial performance, recent business updates, a discussion on Ginkgo's outlook, as well as a moderated question and answer session.
To ask a question ahead of the presentation, please submit your questions to @Ginkgo on Twitter (hashtag #GinkgoResults) or by sending an e-mail to investors@ginkgobioworks.com.
A webcast link is available on Ginkgo's Investor Relations website and a replay will be made available following the presentation.
Ginkgo Investor Website: https://investors.ginkgobioworks.com/events/
Audio-Only Dial Ins:
+1 646 876 9923 (New York)
+1 301 715 8592 (Washington DC)
+1 312 626 6799 (Chicago)
+1 669 900 6833 (San Jose)
+1 253 215 8782 (Tacoma)
+1 346 248 7799 (Houston)
+1 408 638 0968 (San Jose)
Webinar ID: 928 8373 1262
If you experience technical difficulties with any of these dial-ins or if you need international dial-in numbers, please visit our web site at https://investors.ginkgobioworks.com/events/ for updated dial-in information.
About Ginkgo Bioworks
Ginkgo is building a platform to enable customers to program cells as easily as we can program computers. The company's platform is enabling biotechnology applications across diverse markets, from food and agriculture to industrial chemicals to pharmaceuticals. Ginkgo has also actively supported a number of COVID-19 response efforts, including K-12 pooled testing, vaccine manufacturing optimization, and therapeutics discovery. For more information, visit www.ginkgobioworks.com.
Forward-Looking Statements of Ginkgo Bioworks
This press release, the presentation, and the conference call and webcast contain certain forward-looking statements within the meaning of the federal securities laws, including statements regarding our plans, strategies, current expectations, operations and anticipated results of operations, both business and financial, all of which are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, market trends, or industry results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements generally are identified by the words "believe," "can," "project," "potential," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) the effect of Ginkgo's business combination with Soaring Eagle Acquisition Corp. ("Soaring Eagle") on Ginkgo's business relationships, performance, and business generally, (ii) risks that the business combination disrupts current plans of Ginkgo and potential difficulties in Ginkgo's employee retention, (iii) the outcome of any legal proceedings that may be instituted against Ginkgo related to its business combination with Soaring Eagle, (iv) volatility in the price of Ginkgo's securities now that it is a public company due to a variety of factors, including changes in the competitive and highly regulated industries in which Ginkgo operates and plans to operate, variations in performance across competitors, changes in laws and regulations affecting Ginkgo's business, changes in the combined capital structure and expectations associated with increases in the number of shares available for sale, (v) the ability to implement business plans, forecasts, and other expectations after the completion of the business combination, and ability to identify and realize additional opportunities, (vi) the risk of downturns in demand for products using synthetic biology, (vii) the unpredictability of the duration of the COVID-19 pandemic and the demand for COVID-19 testing and the commercial viability of our COVID-19 testing business, and (viii) changes to the biosecurity industry, including due to advancements in technology, emerging competition and evolution in industry demands, standards and regulations. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of Ginkgo's annual report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on March 29, 2022, and other documents filed by Ginkgo from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Ginkgo assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Ginkgo does not give any assurance that it will achieve its expectations.
Use of Non-GAAP Financial Measures
Certain of the financial measures included in this release, including Adjusted EBITDA, have not been prepared in accordance with generally accepted accounting principles ("GAAP"), and constitute "non-GAAP financial measures" as defined by the SEC. Ginkgo has included these non-GAAP financial measures because it believes they provide an additional tool for investors to use in evaluating Ginkgo's financial performance and prospects. Due to the nature and/or size of the items being excluded, such items do not reflect future gains, losses, expenses or benefits and are not indicative of our future operating performance. These non-GAAP financial measures are supplemental to, should not be considered in isolation from, or as an alternative to, financial measures determined in accordance with GAAP. In addition, these non-GAAP financial measures may differ from non-GAAP financial measures with comparable names used by other companies. See the reconciliation below for additional information regarding certain of the non-GAAP financial measures included in this release, including a description of these non-GAAP financial measures and a reconciliation of the historic measures to Ginkgo's most comparable GAAP financial measures.
Ginkgo Bioworks Contacts:
INVESTOR CONTACT:
investors@ginkgobioworks.com
MEDIA CONTACT:
press@ginkgobioworks.com
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SOURCE Ginkgo Bioworks | https://www.mysuncoast.com/prnewswire/2022/05/16/ginkgo-bioworks-reports-first-quarter-2022-financial-results/ | 2022-05-16T20:14:14Z |
ATLANTA, April 18, 2022 /PRNewswire/ -- Eagle Merchant Partners (Eagle), an Atlanta-based private equity firm specializing in franchise, multi-unit consumer and industrial middle market opportunities, has made an investment in Enviro-Master Services.
An award-winning franchisor of deep cleaning services, Enviro-Master serves tens of thousands of businesses across North America. Its expertise in the health and safety industry and the techniques developed by the company helps to protects its clients and communities against the spread of dangerous bacteria and pathogens, including COVID-19.
"The health and safety industry has grown exceptionally over the past several years and COVID-19 has accelerated that growth," said Zack Taylor of Eagle Merchant Partners. "This partnership will enable Enviro-Master Services to scale up to meet this demand. We are thrilled to be working with the team."
The Charlotte, North Carolina-based company provides deep cleaning, sanitation, disinfection, and electrostatic spray services, along with hygienic products such as hand soap, hand sanitizers, and paper products. It focuses on the restaurant, convenience store, consumer retail, hospitality, commercial and industrial industries, servicing more than 250 brands representing more than 30,000 retail and restaurant locations nationwide.
Named one of the fastest-growing private companies by Inc. magazine several years running, Enviro-Master has expanded to nearly 90 locations across the United States and Canada.
Enviro-Master Services represents the tenth franchise investment made by Eagle and its principals. It has made several strategic investments in franchisors, franchisees and corporate owned multi-unit operators, including Code Ninjas, the world's largest and fastest-growing coding franchise system for children.
Inc. magazine named Eagle Merchant Partners one of the best private equity firms for entrepreneurs and founders. It invests in lower middle-market businesses.
King & Spalding served as legal advisor to Eagle Merchant Partners. Croft & Bender and DLA Piper served as financial and legal advisors to Enviro-Master.
ABOUT EAGLE MERCHANT PARTNERS
Eagle Merchant Partners is an Atlanta-based private equity firm focused on investments in Southeastern companies with unique growth opportunities. The partnership is one of the region's most experienced private equity investors, investing in sixteen companies with more than $1.5 billion in revenues. For more information, visit eaglemerchantpartners.com.
Media Contact
Thornton Kennedy
404-210-0363
thornton@prsouth.net
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SOURCE Eagle Merchant Partners | https://www.mysuncoast.com/prnewswire/2022/04/18/eagle-merchant-partners-acquires-stake-health-safety-services-franchisor/ | 2022-04-18T20:59:04Z |
LOS ANGELES, June 9, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, announced that they have finalized multiple brand promotional deals with Mercedes Javid, star of Bravo's reality TV series "Shah's of Sunset". Off screen, Javid is a mother, realtor, and social media personality, boasting 750k+ followers on Instagram alone.
"We are very excited to partner on multiple brand deals across Instagram and TikTok with Mercedes Javid, who can be seen on Bravo's Shah's of Sunset" said Milon Mannis, Sales Executive at CMGR. "Mercedes has been growing her presence on social media at a very fast pace and we look forward to partnering with her on more deals in the coming months."
About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.
Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this press release.
Contact:
Clubhouse Media Group, Inc.
media@clubhousemediagroup.com
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SOURCE Clubhouse Media Group, Inc. | https://www.wibw.com/prnewswire/2022/06/09/clubhouse-media-group-inc-closes-promo-deals-with-mercedes-javid-shahs-sunset-reality-tv-star/ | 2022-06-09T13:43:44Z |
Eight Partner Team Extends Global IP Litigation and Transactions Capabilities Across Technology, Health and Life Science Industries
AUSTIN, Texas, June 30, 2022 /PRNewswire/ -- International law firm McDermott Will & Emery is pleased to announce the opening of a new office in Austin, Texas, with a team of eight intellectual property (IP) partners: Kevin Meek, Syed Fareed, Stephen Hash, Paula Heyman, Brian Oaks, Margaret Sampson, Nick Schuneman and Brett Thompsen.
"Austin is a vibrant and exciting market for both clients and top talent and we are delighted to be part of its strong growth trajectory—it's a natural fit for us." said Ira Coleman, McDermott's Chairman. "In addition to this fantastic group of intellectual property expertise, there is also wonderful alignment with our power alley practices—particularly technology, healthcare and litigation—that we very much look forward to building on."
"We're focused on growth across McDermott's IP, transactions and litigation practices, with parallel concentration across the technology, health and life sciences industries," Michael S. Poulos, McDermott's head of strategy, added. "We're excited that this tailor-made IP group is launching McDermott in Austin and have no doubt that we will have more expansion developments to announce in the very near term."
This group follows a series of strategic IP partner hires throughout 2021 including Simon Roberts, Jason Leonard, Maxwell "Mac" Fox, Douglas H. Carsten and Adam W. Burrowbridge.
"Opening an office in the Western District of Texas allows us to take full advantage of the growing influx of patent case filings in Texas since the largest percentage of all district court patent litigation cases are now filed in Texas," William Gaede, head of McDermott's Global Intellectual Property Practice Group, noted. "This team of elite practitioners boosts our practice's strength in both IP litigation and IP transactions and is a bold move advancing our remarkable IP practice into an industry powerhouse. We are excited to see what the coming months bring as we welcome the team to our global IP platform."
Kevin Meek will be appointed as the office managing partner of the new office. Health partner Amanda K. Jester will also relocate from our Dallas to Austin office at opening.
"This is an incredible opportunity for this team to lay the foundation of a new office in a booming IP market and the Firm has given us the platform and support to make this both a near term and long-term success," Kevin said. "Our group was initially attracted to McDermott's global reach and the sophisticated legal talent of our new colleagues, and once we began conversations with the Firm, there were simply too many current and prospective client- and cross-practice synergies to count. We knew right away that joining McDermott just made sense."
The Austin launch brings McDermott's total global office locations to 22. Read more about the Austin office here.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With more than 20 locations on three continents, our team works seamlessly across practices, industries and geographies to deliver highly effective solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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SOURCE McDermott Will & Emery | https://www.mysuncoast.com/prnewswire/2022/06/30/mcdermott-launches-austin-office-with-prominent-intellectual-property-group/ | 2022-06-30T17:34:34Z |
How to apply for free or reduced lunch in Sarasota, Manatee counties
SARASOTA, Fla. (WWSB) - With the United States Department of Agriculture not extending free meal vouchers for the 2022-23 school year, here are some ways to help your student get the nutrition they need to focus.
In Sarasota County Schools, you can apply for free or reduced cost lunch via the website. You will need to fill out the school’s Meal Benefits Application.
In Manatee County, breakfast is free for all students. Families may also apply for the free and reduced lunch program.
To apply for the 2022-23 School Year Free or Reduced Meal Benefits in Manatee County click here. However, If your child goes to one of the following Community Eligibility Program (CEP) schools they will receive FREE breakfast and lunch everyday - no free and reduced application is needed
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/26/how-apply-free-or-reduced-lunch-sarasota-manatee-counties/ | 2022-07-26T17:02:42Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today an adjustment to the conversion rate of its 3.125% Convertible Senior Notes due 2022 as a result of the common stock cash dividends to be paid on June 15, 2022.
The conversion price applicable to the outstanding Convertible Notes has been adjusted to $13.73 per share (72.8554 shares of iStar common stock per $1,000 principal amount of Notes) effective May 31, 2022 and subject to further adjustment as provided in the governing supplemental indenture.
Notice of the conversion rate adjustment has been delivered to holders of the notes and U.S. Bank National Association, as trustee, in accordance with the terms of the supplemental indenture.
* * *
iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on institutional quality properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, iStar is using its national investment platform and its historic strengths in finance and net lease to expand the use of modern ground leases within the $7 trillion institutional commercial real estate market. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades. Additional information on iStar is available on its website at www.istar.com.
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SOURCE iStar Inc. | https://www.kxii.com/prnewswire/2022/06/01/istar-announces-adjustment-conversion-rate-convertible-notes/ | 2022-06-01T21:43:55Z |
Doctors stay in Ukraine’s war-hit towns: ‘People need us’
ZOLOCHIV, Ukraine (AP) — Dr. Ilona Butova almost looks out of place in her neatly pressed lavender scrubs as she walks through a door frame that hangs from a crumbled wall into what used to be an administrative office of her hospital in Zolochiv.
Not one building in the facility in the northeastern Ukrainian town near the Russian border has escaped getting hit by artillery shells.
Since Russia’s invasion on Feb. 24, space to treat patients at the hospital has shrunk constantly because of damage. Her staff has dwindled to 47 from 120. And the number of people seeking treatment in the small town 18 kilometers (11 miles) from the border is often higher now than before the fighting began.
Ukraine’s health care system struggled for years because of corruption, mismanagement and the COVID-19 pandemic. But the war has only made things worse, with facilities damaged or destroyed, medical staff relocating to safer places and many drugs unavailable or in short supply. Care is being provided in the hardest-hit areas by doctors who have refused to evacuate or have rushed in as volunteers, putting themselves at great risk.
WARNING: Videos used may contain graphic content.
“It’s very hard, but people need us. We have to stay and help,” said Butova, a neurologist who also is the administrator of the hospital in the town near Kharkiv, Ukraine’s second-largest city. She added that she has had to do more with fewer resources.
The World Health Organization declared its highest level of emergency in Ukraine the day after the invasion, coordinating a major relief effort there and in neighboring countries whose medical systems also are under strain.
About 6.4 million people have fled to other European countries, and a slightly higher number are internally displaced, according to U.N. estimates. That presents a major challenge to a health care system built on family doctor referrals and regionally separate administrations.
Across Ukraine, 900 hospitals have been damaged and another 123 have been destroyed, said Health Minister Viktor Liashko, noting: “Those 123 are gone, and we’re having to find new sites to build replacements.”
In addition, scores of pharmacies and ambulances have been destroyed or are seriously damaged, and at least 18 civilian medical staff have been killed and 59 others seriously wounded, he said.
“In occupied areas, the referral system has totally broken down,” Liashko told The Associated Press. “People’s health and their lives are in danger.”
Kyiv’s economy was drained by the conflict with Moscow-backed separatists in eastern Ukraine that began in 2014. When he came to power five years later, President Volodymyr Zelenskyy inherited a health care system that was undermined by reforms launched under his predecessor that had slashed government subsidies and closed many small-town hospitals. During the pandemic, people in those communities had to seek care in large cities — sometimes waiting as long as eight hours for an ambulance in severe cases of COVID-19.
As Russia has expanded the territory it controls in eastern and southern Ukraine, the supply of drugs in those areas has dwindled, along with medical staff to administer them. In the southern front-line town of Mykolaiv, “things have been very difficult,” volunteer Andrii Skorokhod said.
“Pharmacies have not been working, and shortages have become increasingly acute: Hospital staff were among those evacuated, including specialists. We just need more staff,” said Skorokhod, who heads a Red Cross initiative to provide residents with free medications.
Volunteers like Skorokhod saved the life of 79-year-old Vanda Banderovska, whose home near Mykolaiv was destroyed by Russian artillery. Her 53-year-old son, Roman, was killed, and she was brought to the hospital badly bruised and barely conscious.
“My son went out to the car to get his mobile phone when the Russians started shelling. He was hit in the head,” she said at a recovery ward, her voice trembling with emotion. “They’ve destroyed everything and I have nothing left.”
Banderovska said she was deeply grateful to the people who saved her life but also overcome by grief and anger.
“The pain I feel is so great. When doctors took me to the hospital I was bruised black and blue but I slowly recovered,” she said.
___
Derek Gatopoulos reported from Kyiv. Vasilisa Stepanenko and Hanna Arhirova contributed to this report from Kyiv.
___
Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/19/doctors-stay-ukraines-war-hit-towns-people-need-us/ | 2022-08-19T07:36:06Z |
Services for Carol Dawn Moore Jones, 87, of Temple are pending with Scanio-Harper Funeral Home in Temple.
Ms. Jones died Saturday, July 9, at a local hospital.
Visitation will be 5-7 p.m. Thursday at the funeral home.
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Services for Carol Dawn Moore Jones, 87, of Temple are pending with Scanio-Harper Funeral Home in Temple.
Ms. Jones died Saturday, July 9, at a local hospital.
Visitation will be 5-7 p.m. Thursday at the funeral home. | https://www.tdtnews.com/obituaries/article_046de380-0194-11ed-b206-eb218b955a4e.html | 2022-07-12T04:36:02Z |
DENVER, Aug. 3, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announced operating and financial results for the second quarter 2022 and provided certain third quarter and full year 2022 guidance.
Highlights include:
- Leverage ratio target met, net debt target fast approaching. The Company remains ahead of schedule to meet its key strategic leverage targets of 1.0 times net-debt-to-adjusted EBITDAX(1) and $1.0 billion principal amount of debt net of cash, an inflection point the Company expects to meet in the fourth quarter 2022.
- Well performance remains robust. Production in the second quarter 2022 was 13.3 MMBoe (146.6 MBoe/d) and was 46% oil. Production met the top end of guidance, supported by base well performance in both the Midland Basin and South Texas that met the high end of expectations. As a result of strong well performance, the Company is increasing production guidance for 2022 to 54-55 MMBoe, or 148-151 MBoe/d, up 4% at the mid-point.
- Bottom line profitability. Net income in the second quarter 2022 was $323.5 million, or $2.60 per diluted common share, and Adjusted net income(1) was $2.19 per diluted common share.
- Cash flow generation at record high. For the second quarter 2022, net cash provided by operating activities of $542.6 million before net change in working capital of $(28.2) million totaled $514.4 million.(1) Second quarter 2022 Adjusted EBITDAX(1) was $559.7 million, a one-quarter record high for the Company, and free cash flow(1) was $276.6 million. For the first half of 2022, net cash provided by operating activities of $884.7 million before net change in working capital of $109.7 million totaled $994.4 million, and free cash flow(1) was $590.9 million.
- Senior secured revolving credit facility increased and extended. The initial borrowing base is increased to $2.5 billion and lender commitments increased to $1.25 billion. The term is five years, subject to certain early maturity events, as discussed in the Company's second quarter 2022 Form 10-Q.
- Bolstering methane detection with new technology. Following a successful pilot program, in the third quarter 2022 the Company plans to initiate a methane detection program using aerial-based LiDAR technology with baseline flyovers covering 100% of the Company's operated production facilities. The technology is expected to provide the ability to pinpoint the emissions sources, which enables improved response times.
President and Chief Executive Officer Herb Vogel comments: "We enjoyed a successful first half of 2022 by executing on our core strategic objectives. Our leverage ratio(1) is now at 0.7 times and we have reduced the principal amounts of outstanding debt by $551.4 million, funded with $590.9 million in free cash flow(1) generated in the first half of 2022. We expect to reduce net debt(1) to around $1.0 billion in the coming months, and we look forward to the next phase of shareholder value creation.
"Operational results continue to meet or exceed the high end of expectations, supported by strong well performance in both the Midland Basin and South Texas. Higher than expected production and continued strength in commodity prices are significantly boosting cash flows, resulting in a lower than expected reinvestment rate(1) for the year of approximately 45%, despite the effects of inflation."
- Production volumes are approximately 57% from the Midland Basin and 43% from South Texas and were approximately 46% oil, 39% natural gas, and 15% NGLs.
- Second quarter production volumes of 13.3 MMBoe (146.6 MBoe/d) were up 7% compared with the same period in 2021 and down 3% sequentially. Second quarter 2022 volumes reflect strong base production performance as a result of the larger stimulation design employed in certain Midland Basin wells as well as from South Texas. Sequentially, production decreased from both South Texas and the Midland Basin, in accordance with expectations that reflect the planned timing of completions over the past year in each region.
In the second quarter, the average realized price before the effect of hedges was $74.23 per Boe and the average realized price after the effect of hedges (post-hedge) was $56.20 per Boe.(1)
- Benchmark pricing for the quarter included NYMEX WTI at $108.41/Bbl, NYMEX Henry Hub natural gas at $7.17/MMBtu and Hart Composite NGLs at $50.05/Bbl.
- The effect of commodity derivative settlements for the second quarter was a loss of $18.03 per Boe, or $240.6 million.
For additional operating metrics and regional detail, please see the Financial Highlights section below and the accompanying slide deck.
NET INCOME (LOSS), NET INCOME (LOSS) PER SHARE AND NET CASH PROVIDED BY OPERATING ACTIVITIES
Second quarter 2022 net income was $323.5 million, or $2.60 per diluted common share, compared with a net loss of $223.0 million, or $1.88 per diluted common share, for the same period in 2021. The current year period included a 76% increase in total oil, gas, and NGL production revenue and other income due to a 7% increase in production and a 64% increase in the average commodity price per Boe compared with the same period in 2021. This increase is partially offset by a derivative settlement loss of $240.6 million in the current year period versus a derivative settlement loss of $158.8 million in the prior year period and a recorded $67.2 million loss on extinguishment of debt related to the early redemption in June 2022 of the 10% Senior Secured Notes due 2025. The current year period also benefited from a 30% decline in DD&A per Boe. For the first six months of 2022, net income was $372.2 million, or $3.00 per diluted common share, compared with a net loss of $474.3 million, or $4.07 per diluted common share, in the same period in 2021.
Second quarter 2022 net cash provided by operating activities of $542.6 million before net change in working capital of $(28.2) million totaled $514.4 million,(1) which was up $300.5 million, or 140%, from the same period in 2021 with net cash provided by operating activities of $296.4 million before net change in working capital of $(82.5) million totaling $213.9 million.(1) For the first six months of 2022, net cash provided by operating activities of $884.7 million before net change in working capital of $109.7 million totaled $994.4 million, which was up $623.5 million from the same period in 2021. The increase in net cash provided by operating activities before net change in working capital for both the second quarter and first six months of 2022 compared with the same periods in 2021 was primarily due to the increases in both production volumes and realized prices after the effect of hedges.
ADJUSTED EBITDAX,(1) ADJUSTED NET INCOME (LOSS),(1) AND NET DEBT-TO-ADJUSTED EBITDAX(1)
Second quarter 2022 Adjusted EBITDAX(1) was $559.7 million, up $302.8 million, or 118%, from $256.9 million for the same period in 2021. For the first six months of 2022 Adjusted EBITDAX(1) was $1.1 billion compared with $471.9 million in the same period in 2021. The increase in Adjusted EBITDAX(1) was due to the increases in both production volumes and realized prices after the effect of hedges.
Second quarter 2022 Adjusted net income(1) was $272.8 million, or $2.19 per diluted common share, which compares with Adjusted net income(1) of $1.0 million, or $0.01 per diluted common share, for the same period in 2021. For the first six months of 2022, Adjusted net income was $518.8 million, or $4.17 per diluted common share, compared with an Adjusted net loss of $4.7 million, or $0.04 per diluted common share, for the same period in 2021.
At June 30, 2022, Net debt-to-Adjusted EBITDAX(1) was 0.72 times.
FINANCIAL POSITION, LIQUIDITY AND CAPITAL EXPENDITURES
On June 30, 2022, the outstanding principal amount of the Company's long-term debt was $1.59 billion with zero drawn on the Company's senior secured revolving credit facility, and cash and cash equivalents of $267.1 million. Net debt(1) was $1.32 billion.
On August 2, 2022, the Company and its lenders entered into a Seventh Amended and Restated Credit Agreement ("New Credit Agreement"). The New Credit Agreement provides for a senior secured revolving credit facility with an increased initial borrowing base of $2.5 billion and initial aggregate lender commitments totaling $1.25 billion. The maturity date is August 2, 2027 (absent certain early maturity events, as described in the Company's second quarter 2022 Form 10-Q and the credit agreement filed as Exhibit 10.1), and customary covenants include, but are not limited to, a maximum total funded debt to 12-month trailing adjusted EBITDAX ratio of 3.50 to 1.00 and a minimum adjusted current ratio of 1.00 to 1.00. See the Company's second quarter 2022 Form 10-Q for additional detail.
Second quarter 2022 capital expenditures of $215.6 million adjusted for increased capital accruals of $22.2 million were $237.8 million.(1) During the second quarter 2022, the Company drilled 23 net wells, of which 10 were in South Texas and 13 were in the Midland Basin, and added 9 net flowing completions, of which 2 were in South Texas and 7 were in the Midland Basin. The Company projected 20 flowing completions in the second quarter and, while all wells were fracture stimulated, drill out operations on certain wells took longer than anticipated, pushing 11 flowing completions into early July.
COMMODITY DERIVATIVES
As entered into as of July 27, 2022, commodity derivative positions for the second half of 2022 include:
- Oil - Approximately 48% of expected oil production is hedged to WTI at an average price of $55.29/Bbl (weighted-average of collar ceilings and swaps).
- Oil, Midland Basin differential - Approximately 4,900 MBbls are hedged to the local price point at a positive $1.15/Bbl basis.
- Natural gas - Approximately 45% of expected natural gas production is hedged. 13,916 BBtu is hedged to HSC at an average price of $2.42/MMBtu, and 6,152 BBtu is hedged to WAHA at an average price of $2.21/MMBtu.
- NGL hedges are by individual product and include propane swaps and collars.
The Company expects to hedge less than 30% of 2023 production.
A detailed schedule of these and other derivative positions are provided in the 2Q22 accompanying slide deck.
2022 OPERATING PLAN AND GUIDANCE
The Company is unable to provide a reconciliation of forward-looking non-GAAP capital expenditures because components of the calculation are inherently unpredictable, such as changes to, and timing of, capital accruals. The inability to project certain components of the calculation would significantly affect the accuracy of a reconciliation.
GUIDANCE FULL YEAR 2022:
- Capital expenditures (net of the change in capital accruals): $870-900 million. The increase incorporates higher than expected inflation and the decision to retain current rig and pressure pumping crews through the end of the year to better ensure continuous and efficient operations in a supply-constrained environment. The Company expects to drill 98 net wells and complete 81 net wells in 2022, or with 52 net wells drilled and 54 net wells completed in the second half of the year, an increase of 6 and 3, respectively, from the February guidance.
- Production: 54-55 MMBoe or 148-151 MBoe/d. This represents a 4% increase at the mid-point and is a result of well performance exceeding original expectations in both the Midland Basin and South Texas. Full year production is expected to be 46%-47% oil.
- Production costs:
- DD&A: ~$11.50/Boe
- Exploration expense: ~$50 million
- G&A: Unchanged at ~$110 million
GUIDANCE THIRD QUARTER 2022:
- Capital expenditures (net of the change in capital accruals): $250-270 million. In the third quarter 2022, the Company expects to drill 24 net wells, of which 11 are planned for South Texas and 13 are planned for the Midland Basin, and turn-in-line 35 net wells, of which 21 are planned for South Texas and 14 are planned for the Midland Basin.
- Production: 13.2-13.6 MMBoe, or 143-148 MBoe/d, at approximately 46% oil.
UPCOMING EVENTS
EARNINGS Q&A WEBCAST AND CONFERENCE CALL
August 4, 2022 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for the second quarter 2022 financial and operating results Q&A session. This discussion will be accessible via webcast (available live and for replay) on the Company's website at ir.sm-energy.com or by telephone. To join the live conference call, please register at the link below for dial-in information.
- Live Conference Call Registration: https://conferencingportals.com/event/pAjDSntN
- Replay (conference ID 11299) - Domestic toll free/International: 800-770-2030/647-362-9199
The call replay will be available approximately one hour after the call and until August 18, 2022.
CONFERENCE PARTICIPATION
- August 8, 2022 – EnerCom Denver – The Energy Conference – President and Chief Executive Officer Herb Vogel will present at 2:20 pm Mountain time/4:20 pm Eastern time. The event will be webcast, accessible from the Company's website, and available for replay for a limited period. The Company will post an investor presentation to its website the morning of the event.
- September 8, 2022 – Inaugural Wells Fargo Leveraged Finance Conference – Chief Financial Officer Wade Pursell will present at 2:30 pm Central time/3:30 pm Eastern time. The event will be webcast, accessible from the Company's website, and available for replay for a limited period. The Company will post an investor presentation to its website the morning of the event.
DISCLOSURES
FORWARD LOOKING STATEMENTS
This release contains forward-looking statements within the meaning of securities laws. The words "estimate," "expect," "goal," "generate," "plan," "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this release include, among other things, projections for the full year and third quarter 2022, including guidance for capital expenditures, production, production costs, DD&A, exploration expense, G&A, reinvestment rate, the percent of future production to be hedged, and the number of wells the Company plans to drill and complete in 2022. These statements involve known and unknown risks, which may cause SM Energy's actual results to differ materially from results expressed or implied by the forward-looking statements. Future results may be impacted by the risks discussed in the Risk Factors section of SM Energy's most recent Annual Report on Form 10-K, as such risk factors may be updated from time to time in the Company's other periodic reports filed with the Securities and Exchange Commission, specifically the second quarter 2022 Form 10-Q and the 2021 Form 10-K. The forward-looking statements contained herein speak as of the date of this release. Although SM Energy may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so, except as required by securities laws.
FOOTNOTE 1
Indicates a non-GAAP measure. Please refer below to the section "Definitions of non-GAAP Measures as Calculated by the Company" in Financials Highlights for additional information.
ABOUT THE COMPANY
SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in the state of Texas. SM Energy routinely posts important information about the Company on its website. For more information about SM Energy, please visit its website at www.sm-energy.com.
SM ENERGY INVESTOR CONTACTS
Jennifer Martin Samuels, jsamuels@sm-energy.com, 303-864-2507
DEFINITIONS OF NON-GAAP MEASURES AS CALCULATED BY THE COMPANY
To supplement the presentation of its financial results prepared in accordance with U.S. generally accepted accounting principles (GAAP), the Company provides certain non-GAAP measures, which are used by management and the investment community to assess the Company's financial condition, results of operations, and cash flows, as well as compare performance from period to period and across the Company's peer group. The Company believes these metrics and performance measures are widely used by the investment community, including investors, research analysts and others, to evaluate and compare investments among upstream oil and gas companies in making investment decisions or recommendations. These measures, as presented, may have differing calculations among companies and investment professionals and may not be directly comparable to the same measures provided by others. A non-GAAP measure should not be considered in isolation or as a substitute for the most directly comparable GAAP measure or any other measure of a company's financial or operating performance presented in accordance with GAAP. A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is presented below. These measures may not be comparable to similarly titled measures of other companies.
Adjusted EBITDAX: Adjusted EBITDAX is calculated as net income (loss) before interest expense, interest income, income taxes, depletion, depreciation, amortization and asset retirement obligation liability accretion expense, exploration expense, property abandonment and impairment expense, non-cash stock-based compensation expense, derivative gains and losses net of settlements, gains and losses on divestitures, gains and losses on extinguishment of debt, and certain other items. Adjusted EBITDAX excludes certain items that the Company believes affect the comparability of operating results, including items that are generally non-recurring in nature or whose timing and/or amount cannot be reasonably estimated. The Company believes that Adjusted EBITDAX provides useful information for internal analysis and for investors and analysts, as a performance and liquidity measure, to evaluate the Company's ability to internally generate funds for exploration, development, acquisitions, and to service debt. The Company is also subject to financial covenants under the Company's Credit Agreement and New Credit Agreement, a material source of liquidity for the Company, based on Adjusted EBITDAX ratios. Please reference the Company's 2021 Form 10-K and second quarter 2022 Form 10-Q for discussion of the Credit Agreement and New Credit Agreement and its covenants.
Adjusted net income (loss) and adjusted net income (loss) per diluted common share: Adjusted net income (loss) and adjusted net income (loss) per diluted common share excludes certain items that the Company believes affect the comparability of operating results, including items that are generally non-recurring in nature or whose timing and/or amount cannot be reasonably estimated. These items include non-cash and other adjustments, such as derivative gains and losses net of settlements, impairments, net (gain) loss on divestiture activity, gains and losses on extinguishment of debt, and accruals for non-recurring matters. The Company uses these measures to evaluate the comparability of the Company's ongoing operational results and trends and believes these measures provide useful information to investors for analysis of the Company's fundamental business on a recurring basis.
Net debt: Net debt is calculated as the total principal amount of outstanding senior secured notes and senior unsecured notes plus amounts drawn on the revolving credit facility less cash and cash equivalents (also referred to as total funded debt). The Company uses net debt as a measure of financial position and believes this measure provides useful additional information to investors to evaluate the Company's capital structure and financial leverage.
Free cash flow: Free cash flow is calculated as net cash provided by operating activities before net change in working capital less capital expenditures before increase (decrease) in capital expenditure accruals and other. The Company uses this measure as representative of the cash from operations, in excess of capital expenditures that provides liquidity to fund non-discretionary obligations such as debt reduction, returning cash to shareholders or expanding the business.
- Forward-looking free cash flow: Guidance or projected measures are not reconciled to the most comparable GAAP measure because components of the GAAP calculation are inherently difficult to project. Specifically, the timing of cash receipts and disbursements could not be projected with accuracy.
Net debt-to-Adjusted EBITDAX: Net debt-to-Adjusted EBITDAX is calculated as Net Debt (defined above) divided by Adjusted EBITDAX (defined above) for the trailing twelve-month period (also referred to as leverage ratio). A variation of this calculation is a financial covenant under the Company's Credit Agreement. The Company and the investment community may use this measure in understanding the Company's ability to service its debt and identify trends in its leverage position. The Company reconciles the two non-GAAP measure components of this calculation.
- Forward-looking Net-debt-to-Adjusted EBITDAX: Guidance or projected measures are not reconciled to the most comparable GAAP measure because components of the GAAP calculation are inherently difficult to project. Specifically, non-cash components of earnings such as derivative gains and losses, gains and losses on divestitures, gains and losses on extinguishment of debt and unknown future events could not be projected with accuracy.
Adjusted operating margin: Adjusted operating margin is calculated as oil, gas, and NGL production revenues (before the effects of commodity derivative settlements), less operating expenses (specifically, LOE, transportation, production taxes, ad valorem taxes, and G&A). This calculation, when shown before the effect of derivative settlements, excludes derivative settlements, exploration expense, and DD&A and is reflected on a per BOE basis using net equivalent production for the period represented. This measure includes non-cash items in G&A, specifically stock compensation expense. The Company believes this metric provides management and the investment community with an understanding of the Company's recurring operating margin before DD&A, which is helpful to compare period-to-period and across peers.
Post-hedge: Post-hedge is calculated as the average realized price after the effects of commodity derivative settlements. The Company believes this metric is useful to management and the investment community to understand the impacts of commodity derivative settlements on average price realized.
Reinvestment rate: Reinvestment rate is calculated as capital expenditures before increase (decrease) in capital expenditure accruals and other divided by net cash provided by operating activities before net change in working capital. The Company believes this metric is useful to management and the investment community to understand the Company's ability to generate sustainable profitability and may be used to compare over periods of time across industry peers.
- Forward-looking Reinvestment rate: Guidance or projected measures are not reconciled to the most comparable GAAP measure because components of the GAAP calculation are inherently difficult to project. Specifically, changes to current assets and liabilities, the timing of change in capital accruals, and unknown future events. The inability to project certain components of the calculation would significantly affect the accuracy of a reconciliation.
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SOURCE SM Energy Company | https://www.wibw.com/prnewswire/2022/08/03/sm-energy-reports-second-quarter-2022-results-leverage-ratio-target-achieved/ | 2022-08-03T22:05:04Z |
Internalization of IoT-telematics technology will drive Carrot to further expand applications of IoT across new insurance business opportunities
IoT technology will accelerate transformation of insurance as it will empower preemptive detection of risks and real-time communication with customers
SEOUL, South Korea, May 19, 2022 /PRNewswire/ -- Carrot ("Carrot" or the "Company") and Luxrobo announced today the establishment of a Joint Venture (JV) that brings together two premier tech companies from the field of digital insurance and IoT-technology. Together they operate as Lucky Box Solutions Inc. to deliver the most optimized IoT systems and telematics devices while positioning itself as the leader of InsurTech, industry that has become the noise of the town in recent years. Both companies have established proven track records of providing innovation in emerging sectors and are poised to offer cutting-edge solutions in the areas of Artificial Intelligence, Machine Learning, Data Interoperability, Analytics and Processing, and Internet of Things while providing risk prevention and insurance protection services.
Carrot has made a name for itself over the past few years by providing modernized insurance service to the consumers of South Korea with its customer-centered design of Pay-Per-Mile auto insurance product. As seen with its top-tier customer retention, customers are highly praising for its fair and transparent pricing, month-end payment term, IoT-driven emergency and other value-added services, and cash incentive program that rewards customers based on their safe-driving scores.
The insurance landscape has been transforming over the years through the adoption of technologies and tech-embracing insurers are disrupting the legacy industry with changes across vectors of customer experience, distribution experience and product and pricing innovation. For an instant, IoT-infused insurance data analytics may monitor health or behavioral data, predictively calculate risk, and provide preventive measures before incidents are accounted. Whereas, legacy insurance has only been relying on the past insurance records and statistical data, which are far limited and inaccurate in terms of risk prediction.
Through the recent JV formation, Carrot plans to absorb and internalize IoT technology, and expand the scope of IoT application across other insurance business opportunities, such as pet and mobility, while deploying exceptional quality control and fulfillment of supply chain of Carrot's IoT-telematics devices.
About Carrot General Insurance Corp.
Based in Seoul Korea the company was established through a JV partnership with some of the big-name investors, including Hanwha, SK Telecom, Hyundai Motor Group, Altos Ventures, and Stic Investments. Being the nation's first fully-licensed 100% digital insurance carrier, Carrot has been disrupting the market with innovative products and has outpaced its global peers in terms of the speed of acquiring customers to its usage-based insurance program. The company's successful footprint owes itself to strong customer value propositions, including easy and accessible insurance, transparent premiums, AI automated accident registration and prompt dispatch of help services all made possible via proprietary technology. The company is also pursuing business in Pay-As-How-You-Drive auto insurance, which assesses the premiums as per customer's driving patterns and behavior through sensor data analytics. In line with the company's open innovation strategy, Carrot has 100+ national & international partnerships, including South Korean government unit that oversees national highways and traffic controls.
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SOURCE Carrot General Insurance Corp. | https://www.kxii.com/prnewswire/2022/05/20/carrot-luxboro-launch-iot-joint-venture/ | 2022-05-20T00:46:12Z |
Multiyear partnership taps Manning and Omaha Productions to conceive, create and produce digital content
LAS VEGAS and LOS ANGELES, June 9, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars"), the largest casino-entertainment company in the U.S., today announced a multiyear strategic partnership with Peyton Manning's Omaha Productions. Together, Caesars Sportsbook and Omaha Productions will launch the Omaha Audio Network, a full-service audio production network, a variety of new digital series developed specifically for Caesars Entertainment and Omaha Productions' social media channels, and a live event series later this year.
"All of us at Omaha are excited to expand the relationship and have Omaha create compelling original content in partnership with our teammates at Caesars," said Peyton Manning, Omaha Productions Founder. "Caesars has already proven to be a great partner on the projects we have done together."
Launching later this year, The Omaha Audio Network's exciting podcast lineup will feature talent from a wide variety of sports and be available wherever sports fans enjoy their favorite podcasts. Through this strategic alliance, Manning and Omaha Productions will also serve as Executive Producers for a variety of new digital series that will live on Caesars Entertainment, Caesars Sportsbook, and Omaha social media channels. Series include "Mayne on the Street" with Caesars Sportsbook brand ambassador Kenny Mayne, "Celeb Shots" with Rachel DeMita, and "One More Round" with Cooper Manning.
Building off the success of the 2022 Caesars Super Bowl party featuring Peyton and Eli Manning at Caesars Palace in Las Vegas, Caesars and Omaha will also create a live event series unique to members of Caesars' best-in-class loyalty program, Caesars Rewards. The live event series will give Caesars Rewards members the chance to interact directly with Omaha content creators and the Mannings at upcoming activations at select Caesars destinations across the country.
"This is not a sponsorship; it's a strategic partnership," said Sharon Otterman, Chief Marketing Officer at Caesars Digital. "We'll collaborate with Peyton and Omaha to conceptualize, create and produce unique content in a way that only two leaders in the sports and entertainment space can. We look forward to the rollout of the Omaha Audio Network presented by Caesars Sportsbook, putting together unforgettable event experiences and crafting engaging must-see content for our customers."
Caesars and the Manning family made history last NFL season with the first-ever responsible gaming ad to air during NFL games and around the Super Bowl. Responsible gaming remains an important pillar in this expanded partnership and the Mannings will continue to highlight the resources that Caesars Sportsbook provides bettors to stay in control of their gaming. The Caesars Sportsbook app features tools to prevent problem gambling, including Deposit Limits, Spending Limits, Daily Time Limits, and Cool Off Time Limits.
Caesars Sportsbook is currently live in 24 states and jurisdictions—18 of which are mobile—and operates the most retail sportsbooks across the country. For real-time industry updates and to follow the Caesars empire, players can engage with the Caesars Sportsbook social handle @CaesarsSports on Twitter, Instagram and Facebook.
About Omaha Productions
Omaha Productions is an entertainment company launched by Peyton Manning following his retirement from the NFL. Omaha focuses on developing content that champions hard work, encourages the pursuit of passion, and celebrates community. Omaha Productions executive produces ESPN's Emmy-award winning "Monday Night Football with Peyton and Eli" along with alternative telecasts for college football, golf, and the UFC. The company also serves as executive producer on "NFL Honors" and ESPN+'s PLACES franchise featuring series from Peyton Manning, Eli Manning, Abby Wambach, Vince Carter, David Ortiz, Ronda Rousey, Sue Bird, P.K. Subban, and John McEnroe. The company also has series at A+E Networks, NBCUniversal, and Netflix.
About Caesars Entertainment, Inc.
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment Company in the U.S. and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the Company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. Must be 21 or older to gamble. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-522-4700. For more information, please visit www.caesars.com/corporate.
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SOURCE Caesars Entertainment, Inc. | https://www.wibw.com/prnewswire/2022/06/09/caesars-entertainment-forms-strategic-partnership-with-peyton-mannings-omaha-productions/ | 2022-06-09T15:12:56Z |
Blume Pickup and Delivery Appointment Scheduling will be deployed at select Norfolk Southern facilities to support international container pick-up and drop-off
PLEASANTON, Calif., Sept. 13, 2022 /PRNewswire/ -- Blume Global, a multimodal supply chain orchestration platform that unites end-to-end visibility, supplier management and logistics execution, has introduced Blume Pickup and Delivery Appointment Scheduling. The solution will help enable truckers to make appointments to drop-off and pick-up international containers at select Norfolk Southern facilities.
At a grounded intermodal terminal container pick-up and drop-off is on a first-come, first-serve basis, and with no match between crane capacity and pick up times, drayage carriers can experience prolonged wait times. Blume Pickup and Delivery Appointment Scheduling will match the capacity of the crane to incoming traffic and allow motor carriers to make an appointment to pick up their selected container, improving the drayage carrier experience and flow of shipments through a facility. The solution will initially be deployed at Norfolk Southern's Rossville, TN and Austell, GA facilities for international container pick-ups.
Blume Pickup and Delivery Appointment Scheduling will allow location owners and operators to configure appointment windows, define constraints based on multiple parameters, manage users and communicate with their user base. It will also enable customers to add their containers, track when they are ready for appointment and make appointments for pick-up, drop-off, and dual missions.
"The supply chain ecosystem needs more dynamic solutions to expedite the movement of containers, and Blume Pickup and Delivery Appointment Scheduling is a step in the right direction, providing unprecedented value for railyards and players across the supply chain," said Pervinder Johar, CEO of Blume Global. "We are excited to work with Norfolk Southern and provide drayage carriers with a solution that will help mitigate the congestion plaguing container terminals and improve the experience for motor carriers overall."
Shawn Tureman, Vice President, Intermodal and Automotive for Norfolk Southern said, "Norfolk Southern is focused on developing the Intermodal Terminal of the Future, which will improve ease of use for customers and drayage partners alike. The Pickup and Delivery Appointment Scheduling solution is one component of the technology we are introducing to help make our terminal operations more efficient."
Blume Global is devoted to improving efficiency throughout the supply chain. This is an extension of a similar solution Blume has implemented for the Fenix Marine Terminal customers in the Port of Los Angeles, where they can precisely tailor the delivery of their cargo through an advanced appointment scheduling process—saving time and money. Additionally, in January, Blume began publishing interline schedules for Union Pacific, Norfolk Southern and CSX on its cloud-native platform, allowing companies that leverage railroad intermodal services to better coordinate cross-country rail freight deliveries.
About Blume Global
Blume Global is a multimodal supply chain orchestration platform that unites end-to-end visibility, supplier management and logistics execution. As the single source of truth for logistics data, Blume provides visibility throughout the value chain, from sourcing to delivery, allowing customers to use Blume solutions to navigate disruptions and create agile plans amid supply chain uncertainty. Blume has the most extensive network among logistics technology providers. The company's direct connectivity to the ocean, air, rail, parcel, LTL and truckload carriers combines with Blume's solutions and 28 years of industry data to maximize transportation spend, improve customer service and reduce carbon emissions for users. By developing technology that streamlines the logistics world, Blume Global is leading the industry in creating supply chain sustainability solutions, fighting climate change by eliminating significant carbon emissions in a world where most freight is transported using fossil fuels.
Contact: George Protopapadakis, george.proto@blumeglobal.com
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SOURCE Blume Global | https://www.kxii.com/prnewswire/2022/09/13/blume-global-announces-new-scheduling-solution/ | 2022-09-13T14:08:24Z |
DENVER, Aug. 31, 2022 /PRNewswire/ -- Today, the Clough Global Opportunities Fund (NYSE MKT: GLO) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0943 per share to shareholders of record at the close of business on August 19, 2022.
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last business day of the month prior to distribution record date.
^ Based on the Fund's NAV as of July 31, 2022.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2021 through August 31, 2022.
*Cumulative fiscal year-to-date return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions and that all rights in the Fund's rights offering were exercised, for the period November 1, 2021 through July 31, 2022.
**The 5 year average annual total return is based on change in NAV including distributions paid and assuming reinvestment of these distributions and that all rights in the Fund's rights offering were exercised, as of the last business day of the month prior to the month of the current distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
ALPS Portfolio Solutions Distributor, Inc. FINRA Member Firm.
Clough Global Opportunities Fund (NYSE MKT: GLO)
1290 Broadway, Suite 1000
Denver, CO 80203
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SOURCE Clough Global Opportunities Fund | https://www.wibw.com/prnewswire/2022/08/31/clough-global-opportunities-fund-section-19a-notice-statement-pursuant-section-19a-investment-company-act-1940/ | 2022-08-31T10:17:01Z |
CRN places Castra on its annual Fast Growth 150 list for 2022.
DURHAM, N.C., Aug. 10, 2022 /PRNewswire/ -- CRN has included Castra in its annual Fast Growth 150 list, placing the managed detection and response vendor among the fastest-growing technology vendors in North America.
With an average two-year growth rate of 64%, Castra ranks among the top half of this year's Fast Growth solution providers. The 150 companies that make up the list collectively generated $82.4 billion in revenue last year.
2022 marks Castra's first appearance on CRN's list, highlighting the value of combining human expertise with best-in-class technology partnerships to deliver fully scalable cybersecurity solutions. Castra's experience leveraging SIEM solutions like Exabeam and USM Anywhere has proven itself to generate considerable value for small businesses, mid-sized enterprises, and Fortune 150 organizations alike.
Castra's comprehensive suite of information security services has proven itself a vital element of the company's growth. Castra expands SIEM capabilities to include curated threat intelligence with Anomali ThreatStream, extended detection and response (XDR) with Palo Alto Cortex, and open-source remote logging with Wazuh, creating custom rules and implementations to meet unique customer needs.
"Surging demand for reliable, high-quality managed detection and response services is just one half of the picture," said Grant Leonard, co-founder. "Our customization capabilities give security leaders a chance to regain control and visibility over large, complicated IT environments. Instead of entrusting operational security to dozens of different providers, enterprise security leaders are increasingly choosing to streamline the entire process with the help of our highly experienced security operations team."
"Castra's growth story is really a story about establishing strong partnerships and maximizing the value those partnerships provide for us and our customers." added Tony Simone, co-founder. "Security leaders who invest in proactively improving their SIEM capabilities can detect threats more accurately, block unauthorized activities more rapidly, and protect sensitive systems with greater success than people who only want to check some boxes on a list."
CARN's 2022 Fast Growth 150 list is available online on the organization's website. A sample of the list will be published in the August issue of CRN magazine.
Founded in 2012 by Tony Simone and Grant Leonard, Castra provides enterprise-level managed detection and response services to more than 2000 organizations globally. The company leverages world-class SIEM and SOAR expertise to help customers meet their security needs without compromising on transparency. Castra serves Fortune 50 enterprises, small businesses, and everything in between, providing 24/7 managed security services custom-tailored to meet industry-specific objectives in healthcare, retail, technology, government, and more.
CRN is a Channel Company brand that provides its users with valuable information about top technology integrators, technical services providers, and IT consulting firms. It is a valuable resource for technology vendors who wish to partner with top-performing IT solution providers, providing accurate analysis and coverage of important developments in the managed service provider and IT integration sector.
Media Contact: Tabitha Flythe, tabitha@castra.io
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SOURCE Castra Managed Services | https://www.wibw.com/prnewswire/2022/08/10/castra-named-one-north-americas-fastest-growing-solutions-providers/ | 2022-08-10T20:53:06Z |
PITTSBURGH, April 18, 2022 /PRNewswire/ -- "I wanted to create an automatic device for accessing and lifting a spare tire from a vehicle trunk," said an inventor, from Chicago, Ill., "so I invented THE COLEMAN HELPING HAND. My design eliminates the need to bend, stretch or strain when retrieving a heavy spare tire."
The invention provides an easier way to lift a spare tire within a car trunk. In doing so, it eliminates the strain and struggle associated with manual lifting. As a result, it increases efficiency and it saves time and effort. The invention features a user-friendly design that is easy to use so it is ideal for vehicle owners. Additionally, it is producible in design variations.
The original design was submitted to the Chicago sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CHK-173, 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/2022/04/18/inventhelp-inventor-develops-easier-way-lift-spare-tire-chk-173/ | 2022-04-18T18:45:17Z |
Attempted murder: Teen charged as adult after stabbing student multiple times, police say
COATESVILLE, Pa. (Gray News) - Authorities in Pennsylvania are investigating a violent attack in a high school bathroom.
The Caln Township Police Department reports that 16-year-old Oddell Cannon faces charges that include attempted murder stemming from a stabbing incident at Coatesville Senior High School on Tuesday.
Police say Cannon stabbed another student multiple times while the two got into a fight in the bathroom.
The other student was taken to Paoli Hospital and was expected to survive, according to authorities.
Caln Township police report Cannon has since gone missing, but he will be charged as an adult as they continue their search for the 16-year-old.
Anyone with further information on Cannon’s whereabouts was urged to contact the Caln Township Police Department at 610-383-1821.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/25/attempted-murder-teen-charged-adult-after-stabbing-student-multiple-times-police-say/ | 2022-05-25T00:50:00Z |
Alejandro Pozuelo scores twice, Toronto FC beats Fire 3-2
TORONTO (AP) — Alejandro Pozuelo scored in the 71st and 78th minutes to give Toronto FC a 3-2 victory over the Chicago Fire on Saturday night. Pozuelo returned after missing three games because of a lower-body injury to help Toronto (4-7-3) snap a six-game winless streak. Deandre Kerr also scored for Toronto. Kacper Przybylko and Carlos Teran scored for Chicago (2-7-5) . The Fire are winless in 10 games. | https://localnews8.com/sports/ap-national-sports/2022/05/28/alejandro-pozuelo-scores-twice-toronto-fc-beats-fire-3-2/ | 2022-05-29T02:16:24Z |
Hightouch Becomes First Data Activation Partner for Snowflake Partner Connect, Syncing Snowflake Insights with Business Tools
SAN FRANCISCO, June 13, 2022 /PRNewswire/ -- Hightouch, the leading Data Activation provider, today expanded its partnership with Snowflake, the Data Cloud company, to provide joint customers with seamless access to data activation in the Snowflake Data Cloud. Hightouch's platform is natively available within Snowflake, providing a push-button way for customers to initiate Hightouch from their Snowflake account.
Hightouch is a Data Activation partner available through Snowflake Partner Connect. In addition, Hightouch has achieved both Snowflake-ready and Premier Partner status, designating Hightouch as a validated partner that adheres to the Data Cloud's best practices for product integrations.
"Hightouch is ushering in the last-mile of analytics, enabling customers to leverage Snowflake as an end-to-end data platform" explains Tarik Diwek, Head of Technology Alliances at Snowflake. "Through Snowflake Partner Connect, using Hightouch with the Data Cloud is secure, easy, and nearly instant."
Unlike legacy data platforms that can take up to 12 months to deploy, Hightouch's reverse ETL capabilities work with Snowflake to build platforms in a matter of hours. This activates data across destinations like marketing and advertising platforms for faster time-to-value and increased insights. By centralizing customer data workloads in Snowflake, organizations can realize greater efficiencies across governance, resources, and security, all while expanding the speed of innovation.
"With Snowflake Partner Connect, Hightouch continues to advance the data activation category," explains Tejas Manohar, CEO and co-Founder at Hightouch. "Our extended partnership with Snowflake makes it seamless for organizations to create activation workloads that immediately impact revenue, from improving ad spend to increasing marketing conversions to reducing customer churn."
With the Hightouch and Snowflake integration, organizations can realize the following benefits:
- Maximum flexibility to create data models that meet the unique requirements of their business, rather than using rigid, pre-defined models.
- Engineering teams can operate more efficiently with their preferred data tools, saving countless hours on custom scripting and maintenance.
- Security concerns are minimized as the data remains in the Data Cloud and the Hightouch integration is vetted by Snowflake's rigorous standards.
- Time to value is accelerated with Snowflake Partner Connect so that organizations can get started and begin activating their data.
Learn more about how Hightouch activates the Data Cloud at Snowflake Summit 2022, live in Las Vegas, Nevada from June 13-16, 2022.
Hightouch is the world's leading Data Activation platform, syncing data from warehouses directly into your SaaS tools. All business teams, from sales and marketing to support and customer success, need relevant, accurate, and real-time customer data to add critical context inside the software they already use. Whether you're enhancing communications with customers via CRM, optimizing ad copy, or personalizing email, Hightouch makes your data actionable —all with SQL, no scripts or APIs required. For more information, visit www.hightouch.io.
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SOURCE Hightouch | https://www.mysuncoast.com/prnewswire/2022/06/13/hightouch-expands-snowflake-partnership-drive-data-activation-customer-value/ | 2022-06-13T11:33:28Z |
SCOTTSDALE, Ariz. (AP) — Francisco Lindor wasn’t the franchise-altering shortstop the Mets were hoping for last season.
His performance in this year’s shortened spring training has New York confident better days are coming.
The switch-hitting Lindor has been among the best hitters in the Grapefruit League through two weeks of games, hitting .476 with four homers and 10 RBIs through his first 21 at-bats. It’s the kind of run that was common when the former Cleveland star made four All-Star teams in a row from 2016-19.
The 28-year-old struggled for big chunks of his first season with the Mets after signing a 10-year, $341 million contract, batting just .230 with 20 homers.
“Life was a little faster for me last year,” Lindor said earlier in spring training. “I tried to give it my best, gave it my best and I just wasn’t as productive as I wanted to be.”
The Mets have sky-high expectations once again in 2022, believing Lindor can be a cornerstone for a lineup that includes slugger Pete Alonso, Jeff McNeil and newly acquired players like Starling Marte and Mark Canha.
Here are a few other players off to a good start as MLB’s regular season rapidly approaches on April 7:
David Peralta, OF, Diamondbacks: The veteran has been a steady influence in Arizona’s lineup since 2014 but his power has dipped considerably over the past two seasons with 13 homers in a stretch spanning about 700 at-bats. He has four homers in his first 19 spring at-bats in Cactus League play.
Kyle Higashioka, C, Yankees: The sixth-year catcher has slowly worked his way into a bigger role with the Yankees. His ability to hit will probably determine if he ultimately becomes a part-time or full-time option. He showed some pop last year with 10 homers, but hit just .181 in 193 at-bats. He’s off to a good start in the Grapefruit League with a .412 average and four homers.
Mickey Moniak, OF, Phillies: It’s been a tough road to the big leagues for Moniak, who was the No. 1 overall pick in 2016 but has spent most of the past seven years in the minors. The 23-year-old has a legit chance to earn a spot on Philadelphia’s opening day roster, especially after three homers in his first 20 spring at-bats.
Max Scherzer, RHP, Mets: He’s now 37 years old but the hard-throwing right hander doesn’t show many signs of slowing. New York added the three-time Cy Young winner during the offseason on a three-year, $130 million deal. He’s already in midseason form in Grapefruit League play, striking out 12 batters in his first 11 innings while giving up just three earned runs.
Sandy Alcantara, RHP, Marlins: The 26-year-old has quietly been among the better pitchers in the National League for three years. He was one of just four MLB pitchers to throw at least 200 innings last season, finishing with 205 2/3 over 33 starts. He looks ready for another big year after giving up just one hit over his first seven innings in the Grapefruit League.
MacKenzie Gore, LHP, Padres: He just turned 23 and has been among the sport’s highest-rated prospects for several years. Now he appears on the verge of breaking into the big leagues, whether it is straight out of spring camp or later this season. He struck out 11 batters through his first nine innings in the Cactus League this spring and has given up just two runs.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/lindors-spring-power-surge-welcome-sight-for-new-york-mets/ | 2022-04-01T18:11:51Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- Attention Yext, Inc. ("Yext") (NYSE: YEXT) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between March 4, 2021 and March 8, 2022.
If you suffered a loss on your investment in Yext, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Yext includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Yext's revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 16, 2022
Aggrieved Yext investors only have until August 16, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/06/27/class-action-alert-law-offices-vincent-wong-remind-yext-investors-lead-plaintiff-deadline-august-16-2022/ | 2022-06-27T21:35:24Z |
NOVATO, Calif., Aug. 3, 2022 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ: HNNA) reported results for its third fiscal quarter of 2022, which ended June 30, 2022. The firm also announced a quarterly dividend of $0.1375 per share to be paid on August 31, 2022, to shareholders of record as of August 16, 2022, which represents an annualized dividend yield of 5.3%.*
"While the fear of high interest rates and persistent inflation has weakened investor confidence in the short term, I want to highlight that I do not believe the U.S. is in a prolonged recession. Even in the face of interest rate and inflation hurdles, I feel that the U.S. economy is on a long-term positive trajectory, as consumers continue to spend and the labor market remains relatively robust. Outside the U.S., however, political tension and the Russian and Ukrainian conflict with its negative effect on energy and food sources are slowing down the global economy," said Neil Hennessy, Chairman and CEO.
"While our earnings are down this quarter primarily due to the interest expense related to our bond debt, our cash net of outstanding debt continues to grow. Our dividend remains well covered, and we continue to believe our stock is undervalued. At our most recent board meeting, we voted to increase the shares available for our stock buyback plan," said Teresa Nilsen, President and COO. "We now have over 1,000,000 shares eligible for repurchase in the event that we decide to buy back shares of the company," she added. "We will continue to implement our business model of organic growth and strategic acquisitions, and focus on our shareholders, regardless of the current economic environment."
Summary Highlights (compared to the prior comparable quarter ended June 30, 2021):
- Total revenue of $6.9 million, a decrease of 19%.
- Net income of $1.3 million, a decrease of 42%.
- Fully diluted earnings per share of $0.17, a decrease of 43%.
- Average assets under management, upon which we earn our revenue, of $3.4 billion, a decrease of 17%.
- Total assets under management of $3.2 billion, a decrease of 23%.
- Cash and cash equivalents, net of gross debt, of $17.2 million, an increase of 23%.
* Based on the closing stock price of $10.38 on August 2, 2022, and an annualized dividend of $0.55 per share.
About Hennessy Advisors, Inc. Hennessy Advisors, Inc. is a publicly traded investment manager offering a broad range of domestic equity, multi-asset, and sector and specialty mutual funds. Hennessy Advisors, Inc. is committed to providing superior service to shareholders and employing a consistent and disciplined approach to investing based on a buy‑and‑hold philosophy that rejects the idea of market timing.
Supplemental Information Nothing in this press release shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.
Forward-Looking Statements This press release contains "forward-looking statements" for which Hennessy Advisors, Inc. claims the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995. Forward‑looking statements relate to expectations and projections about future events based on currently available information. Forward‑looking statements are not a guarantee of future performance or results and are not necessarily accurate indications of the times at which, or means by which, such performance or results may be achieved. Forward‑looking statements are subject to risks, uncertainties, and assumptions, including those described in the sections entitled "Risk Factors" and elsewhere in the reports that Hennessy Advisors, Inc. files with the Securities and Exchange Commission. Unforeseen developments could cause actual performance or results to differ substantially from those expressed in, or suggested by, the forward‑looking statements. Hennessy Advisors, Inc. management does not assume responsibility for the accuracy or completeness of the forward-looking statements and undertakes no responsibility to update any such statement after the date of this press release to conform to actual results or to changes in expectations.
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SOURCE Hennessy Advisors, Inc. | https://www.wibw.com/prnewswire/2022/08/03/hennessy-advisors-inc-reports-earnings-announces-dividend-increases-stock-buyback-plan/ | 2022-08-03T22:01:36Z |
Significant increases in crime, extreme weather, natural disasters and supply chain disruption surpasses pandemic threats and will impact organizational resilience and safety
ALPHARETTA, Ga., Aug. 30, 2022 /PRNewswire/ -- OnSolve, a leading critical event management provider that helps organizations mitigate physical threats and remain agile when a crisis strikes, today announced its CEO Brief: Global Risk Impact Report. The report analyzes over 14 million events that occurred between 2020 and 2022, across 159 countries where mainstream businesses and governments operate.
The report identifies trending physical threats worldwide which can halt the global economy and provides insight on how they will impact businesses in 2022 and beyond. As many leaders focus on post-pandemic recovery, OnSolve's research outlines significant increases in rising threats and gives business leaders actionable steps to mitigate the next disaster.
Most notably, the report uncovers how social issues, including climate change, shootings, and civil unrest, will disrupt business operations worldwide if unaddressed, demonstrating the importance of adopting an organizational resilience plan. Key findings of OnSolve's report include:
- A massive increase in shootings and crime. Reported shootings increased by 250% from 2020 to 2021, while the number of reported mass shootings spiked by 217% over the same period. Overall, there have been over 65,000 crime incidents reported in the first half of 2022 in the U.S. alone.
- Climate change can cripple businesses. Extreme weather and natural disaster events were up 47% in 2021, compared to 2020. Every category of extreme weather or natural disaster, including blizzards, tornados, and wildfires significantly increased year-over-year since 2020. Floods detected in Brazil increased 400% from 2021 to the first three months of 2022. Floods detected in Germany increased by 500% from 2020 to 2021, and in Belgium they jumped 420% for the same period.
- Global infrastructure is weakening. Transportation accidents surged dramatically, with continued supply chain disruption likely. Transportation accidents increased by more than 100% from 2020 to 2021. The analysis includes road (+168%), railway (+91%), aircraft (+52%), and maritime (+30%) accidents, which all rose in frequency on average from 2020 to 2021.
- Protests and civil unrest are on the rise, threatening business operations. Protests skyrocketed in 2020, And while our data shows it slightly increased from 2020 to 2021 (+4%), organizations must brace for rising civil unrest as polarizing events continue to occur across the United States.
"We are operating in a world where crises happen every day and most CEOs aren't looking past the pandemic to realize the biggest threats to their companies," said Mark Herrington, CEO at OnSolve. "Managing risk has become more challenging as physical threats have a ripple effect throughout an organization. Business leaders must be prepared to face emerging threats such as extreme weather, crime, civil unrest, and shootings, that can halt business operations and disrupt the broader supply chain and global economy with unparalleled intensity."
The report analyzes the dynamic nature of risk and the cascading impact it can have on organizations that are not properly prepared to navigate such challenges. To learn about what CEOs can do to achieve operational resilience, go to https://www.onsolve.com/landing/global-risk-impact-report/.
Methodology
OnSolve's report analyzes the top risks that have occurred as a percentage of all events OnSolve detected from January 1, 2020 – July 1, 2022 that had the potential to impact its customers worldwide. The data in this report was gathered using the OnSolve Risk Intelligence, an AI-powered technology that monitors over 50 risk categories of physical threats across 159 countries in real time. OnSolve Risk Intelligence detected more than 14 million global events, or physical threats, from 2020 to 2022, using AI and analyst-vetted information pulled from data sources that include local fire, police or emergency medical services departments, weather reports and alters form government and non-government, verified sources, federal government agencies such as Federal Bureau Investigation, Department of Homeland Security and other crisis management entities, local, national and international news, and critical event reports from verified social media feeds.
OnSolve Risk Intelligence monitors global physical threats that have an impact on its 30,000-customer base, which consists of half of Fortune 100, 40% of the Fortune 500, and 10,000 communities in the US, including state, regional, local and federal entities. OnSolve programmatically maps events to locations worldwide, determining which part of an organization might be at risk. This report aggregates to a country-level view year over year of the physical threats specific to our customers' people and operations across their offices, plants, warehouses and office locations, and while traveling worldwide. It highlights the most significant risks impacting businesses and governments today compared to 2020 and 2021.
OnSolve® is a leading critical event management provider that proactively mitigates physical threats, allowing organizations to remain agile when a crisis strikes. Using the most trusted expertise and reliable AI-powered risk intelligence, critical communications and incident management technology, the OnSolve Platform enables enterprises, SMB organizations and all levels of government to detect, anticipate and mitigate physical threats that impact their people, places and property.
With billions of alerts sent annually and proven support for both the public and private sectors, OnSolve is used by thousands of entities to save lives, protect communities, safeguard critical infrastructure and enable agility for the organizations that power our economy. For more information, please visit www.onsolve.com.
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SOURCE OnSolve | https://www.wibw.com/prnewswire/2022/08/30/new-onsolve-report-reveals-civil-unrest-climate-change-supply-chain-disruption-among-top-threats-businesses-post-pandemic-world/ | 2022-08-30T12:56:05Z |
SAN FRANCISCO, May 2, 2022 /PRNewswire/ -- Flockjay, which was recently recognized by GGV as a Top 50 SMBTech company, launches Elevate, its go-to-market elevation platform. With the launch, Flockjay has positioned itself at the forefront of the emerging needs that modern, knowledge-driven sales and customer success professionals will encounter in an ever-changing world – during the pandemic and beyond.
The Flockjay team recognized that the current state of sales and customer success has been simultaneously over-serving productivity and under-serving collaboration while also needing to work together across time zones more than ever. Understanding that this need will only increase over time, Flockjay set about to design and build an innovative collaboration and learning platform that increases the speed of high-performing teams.
"Sales has changed dramatically over the past two years. Sales leaders are realizing that the entire sales rep development playbook has to be rewritten," observes Shaan Hathiramani, founder and CEO of Flockjay. "While challenges in training and developing sales reps have existed for years, the pandemic pushed those challenges up the scale from a 10 to a 12. Flockjay Elevate is built from the ground up for the distributed sales team, empowering all reps to learn and share best practices, regardless of where they sit. The Flockjay Elevate Platform is the first of its kind to support end-to-end community learning, continuous skill development, and an inclusive culture of collaboration and career mentorship."
For over a decade, the sales industry has worked from the same playbook to develop sales teams and build enablement processes without any fundamental changes to the system. And, while the past two years have revealed the need for a new set of plays, the industry has been slow to move from an activity-based profession to a new, knowledge-driven career model.
Into the mix comes Flockjay Elevate, built for those on the leading edge of sales success. The company's technology is a value-add, enabling teams to:
- Implement best practices across teams in Sales, Marketing, Product, and Customer Success by making it easy for anyone to gain access to the knowledge of a team's top performers. This "team intelligence" is packaged as text and short video lessons that can be organized into curated playlists for easier skill acquisition. Team members also have access to exclusive Flockjay content.
- Optimize peer-to-peer collaboration for any sale, action, project, or campaign. With this capability, the wisdom of the crowd is harnessed to maximize the performance of everyone in the group. This collaboration feature is designed not only for productivity but also to foster community and team culture.
- Scale feedback in such a way that managers can effectively increase their ratio with reps from 6:1 to 9:1, making it feel as though they are walking the sales floor even when their teams are hybrid or remote.
With the ability to share key content, get coaching, and accelerate growth all in one place, leaders can cultivate excellence and raise the level of entire teams. All this functionality is encapsulated in the Flockjay Elevate platform and integrated into many of the tools sales, marketing, and success professionals use, including Slack, Salesforce, Gong, and Outreach.
"Our product flips learning on its head, taking content from the outdated top-down centralized approach to a peer-to-peer community-driven model in line with the objectives of People-Powered Performance. And that content is packaged and delivered in a format reps are already accustomed to consuming information through," says Hathiramani. "Sales success is a team effort, and the Flockjay Elevate platform supports that success. We know that teams with learning quotas are also the ones to meet and exceed their selling quotas."
The potential of the Flockjay Elevate platform has already excited leading sales figures. "I don't know of a single sales team that doesn't need Flockjay Elevate," said Qualtrics President of Worldwide Field Operations, D.P. Brightful, who oversees a global sales organization with thousands of sales professionals. "All sales managers will want to have a modern platform like Flockjay to build sales teams that win together in a post-pandemic environment."
Flockjay Elevate is available now. For more information about the product, including demos, images, and videos, or to speak with a Flockjay representative, click here.
About Flockjay
Founded in 2018, San Francisco based Flockjay is a growing, Y Combinator-backed company whose mission is to empower upward mobility through education and access. Flockjay has historically provided high-impact, hands-on sales training for groups underrepresented in the tech sector. Their belief that access for all creates more successful teams, and their commitment to unlocking wisdom within teams so that everyone can achieve their full potential carries over into the development of the new Flockjay Elevate platform.
Flockjay debuted on Product Hunt at #1, was a Top 10 Y Combinator Startup by Techcrunch, and the Venture Award Grand Prize Winner at the 10th Annual ASU GSV EdTech Summit.
CONTACT: Bryant Lau, +15102968337, pr@flockjay.com
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SOURCE Flockjay | https://www.mysuncoast.com/prnewswire/2022/05/02/flockjay-launches-revolutionary-knowledge-driven-learning-platform-address-challenges-distributed-sales-customer-success-teams-recognized-by-ggv-an-smbtech-top-50-company/ | 2022-05-02T17:23:25Z |
With fans returning to venues in droves, Givex provides digital fan engagement solutions like Uptix stored value, gift cards and online ordering
TORONTO, Aug. 30, 2022 /PRNewswire/ - Givex Information Technology Group LTD ("Givex") (TSX: GIVX) (OTCQX: GIVXF) announced today that it has brought on 15 new professional U.S. sports teams as clients in 2022, utilizing various Givex products.
Uptix enhances the gameday experience for fans with its stored value ticketing functionality, allowing for cashless concessions with shorter lines and in-game promotions. Stored value tickets have multiple functions (season ticket holder discounts off certain items, concessions and merchandise redemptions) and a barcode that can be scanned by a Point of Sale (POS) system to redeem the funds loaded on the ticket.
"The COVID-19 pandemic emphasized the need for venues to utilize cashless digital solutions to manage concessions, merchandise, ordering and more, putting Givex in a coveted position in the industry," said Debbi Blackburn, VP Business Development at Givex. "Our Uptix product, for one, offers a multi-pronged solution that allows venue operators to surprise and delight guests with in-event promotions while driving concession revenue."
At any time during a game, venues can add value to fans' tickets in a certain section or row, which creates excitement for fans and drives revenue for concessions. Ticket holders typically spend more than the value added on their tickets, creating lift and resulting in higher concession and merchant revenues. With Uptix, clients also can track fan spending, identify key customer segments and tailor promotions to increase spending, as well as utilize stored value to handle customer service issues in real time.
Another application of Uptix is for venue employees. For example, Givex developed a cashless payment solution for a professional baseball team, already a gift card, Uptix and instant rewards client. The payment solution manages meals for employees working in the venue using QR codes on their employee badges. Employees can manually reload funds or participate in the Auto-Reload program, and can use the stored value at any POS in the ballpark.
"These new partnerships showcase Givex's ability to provide turnkey digital solutions that are easy to implement and arm venue operators with data to drive revenue and make business decisions," said Don Gray, CEO of Givex. "An Uptix client saw an average upsell of 47% per game in the month of August, and that's just one example of the many clients who see the ongoing value of Uptix and other Givex products."
For more information about Uptix, please visit https://www.givex.com/products/uptix/.
Givex (TSX: GIVX) (OTCQX: GIVXF) is a global fintech company providing merchants with customer engagement, point of sale and payment solutions, all in a single platform. We are integrated with 1000+ technology partners, creating a fully end-to-end solution that delivers powerful customer insights. Our platform is used by some of the world's largest brands, comprising approximately 116,000 locations across more than 100 countries. Learn more at givex.com.
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SOURCE Givex | https://www.kxii.com/prnewswire/2022/08/30/givex-announces-15-new-professional-us-sports-teams-clients/ | 2022-08-30T10:16:47Z |
(WJBF) — Austin St. John, the original Red Power Ranger, is among 18 people in Texas facing charges of conspiracy to commit wire fraud.
The indictment was handed down by a grand jury on May 12.
St. John is known through the entertainment industry as Jason Lee Scott, the original red Power Ranger, in the television show “Mighty Morphin Power Rangers.”
St. John and the other individuals in the indictment are each accused of taking part in a scheme to defraud the Small Business Administration’s Paycheck Protection Program.
As part of the CARES Act, enacted during the height of the COVID-19 pandemic in March 2020, the PPP provided small businesses and other organizations loans to cover expenses such as payroll, interest on mortgages, rent and utilities.
The indictment states that the individuals were led by Michael Hill and Andrew Moran in a plan to use existing businesses or create businesses to obtain PPP funding. Moran is accused of then assisting them in fabricating documentation and applications, misrepresenting information such as the nature of the business, the amount needed for payroll or the number of employees.
Investigators said the defendants did not use the money provided as intended and instead paid Hill and Moran, transferring funds to their own personal accounts and making various personal purchases.
The indictment states that some defendants sent money to Jonathon Spencer to invest in foreign exchange markets.
Altogether, the total amount of fraudulently obtained funds through at least 16 loans amounted to at least $3.5 million.
The defendants, listed below, each face up to 20 years in prison if convicted.
- Michael Lewayne Hill, aka Tank, 47, of Mineral Wells, Texas
- Andrew Charles Moran, 43, of Lewisville, Texas
- Peter Keovongphet, aka Lil’ Pete, 34, of Ft. Lauderdale, Florida
- Ty Alan Burkhart, 34, of Frisco, Texas
- Jason Lawrence Geiger, aka Austin St. John aka the Red Power Ranger, 47, of McKinney, Texas
- Eric Reed Marascio, aka Phoenix Marcon, 50, of Allen, Texas
- Christopher Lee McElfresh, 43, of Frisco, Texas
- Cord Dean Newman, 44, of Homosassa, Florida
- Elmer Omar Ayala, 45, of Midlothian, Texas
- Gregory Fitzgerald Hatley, Jr., 38, of Allen, Texas
- Alexander Eric Cortesano, 52, of Dallas, Texas
- Arthur Atik Pongtaratik, 33, of Carrollton, Texas
- Miles Justin Urias, 34, of Richardson, Texas
- Fabian C. Hernandez, 44, of Lake Alfred, Florida
- Daniel Lee Warren, 33, address unknown
- Rajaa Bensellam, 49, of Allen, Texas
- Hadi Mohammed Taffal, 50, of Allen, Texas
- Jonathon James Spencer, aka Spence, 33, of Rowlett, Texas
This case is currently being investigated by the FBI and the IRS.
St. John played the role of Jason from 1993 to 1994, making sporadic returns throughout the 90s and most recently in 2020. | https://cw33.com/news/nexstar-media-wire/red-power-ranger-among-18-charged-with-fraud/ | 2022-05-20T18:18:01Z |
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Gunter-Howe Baseball Highlights
Gunter-Howe Baseball Highlights
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KXII Staff
Published: Mar. 29, 2022 at 11:25 PM CDT
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Copyright 2022 KXII. All rights reserved.
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SOSU-OCU Baseball Highlights | https://www.kxii.com/2022/03/30/gunter-howe-baseball-highlights/ | 2022-04-01T02:26:29Z |
NEW YORK, July 7, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in CareDx, Inc. ("CareDx" or the "Company") (NASDAQ: CDNA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CareDx investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons or entities who purchased CareDx common stock between February 24, 2021, and May 5, 2022. Follow the link below to get more information and be contacted by a member of our team:
https://www.zlk.com/pslra-1/caredx-inc-information-request-
form?prid=29563&wire=4
CDNA investors may also contact Joseph E. Levi, Esq. via email
at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) defendants had engaged in a variety of improper and illegal schemes to inflate testing services revenue and demand, including pushing a surveillance protocol through inaccurate marketing materials, offering extravagant inducements or kickbacks to physicians and other providers, and improperly bundling expensive testing services with other blood tests as part of the Company's RemoTraC service for remote, home-based, blood-drawing; (2) these practices, and others, subjected CareDx to an undisclosed risk of regulatory scrutiny; (3) these practices rendered the Company's testing services revenue reported throughout the class period artificially inflated; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT'S NEXT? If you suffered a loss in CareDx during the relevant time frame, you have until July 22, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/07/07/cdna-lawsuit-alert-levi-amp-korsinsky-notifies-caredx-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-07T10:58:57Z |
NEW YORK (WPIX) — Christian Cooper, the Black man who was bird-watching in Central Park the day he was falsely accused by a white woman of threatening her, is getting his own bird-watching TV show on National Geographic.
Cooper, an avid bird watcher, will host the upcoming show “Extraordinary Birder,” where he will showcase the “wild, wonderful and unpredictable” world of birds.
“Whether braving stormy seas in Alaska for puffins, trekking into rainforests in Puerto Rico for parrots, or scaling a bridge in Manhattan for a peregrine falcon, he does whatever it takes to learn about these extraordinary feathered creatures and show us the remarkable world in the sky above,” National Geographic said in a news release.
A premiere date for “Extraordinary Birder” wasn’t announced. The show is being made by the production company Lucky 8.
Christian Cooper was thrust into the national spotlight after being involved in an altercation with Amy Cooper (no relation) in Central Park in 2020. Christian Cooper recorded Amy Cooper calling 911 during their argument over leashing her dog in an area of the park where it was required. Amy Cooper falsely told police “an African American man” was threatening her.
The video he took of the incident was posted on social media and went viral. Amy Cooper ended up being fired by her employer and later apologized for her actions. | https://cw33.com/news/nexstar-media-wire/bird-watcher-falsely-accused-in-racist-central-park-encounter-gets-nat-geo-show/ | 2022-05-21T00:36:09Z |
Collaboration Redefines Customization and Granularity of Google Drive Data Access
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- DoControl, the automated Software as a Service (SaaS) security company, today announced that it has joined the Google Cloud Partner Advantage program as an integrated technology partner, giving Google Workspace customers additional layers of preventative data access security controls to protect business critical assets in Google Drive.
As a Google Cloud technology partner, DoControl offers customers a solution that integrates with Google Drive to help secure shared data and files accessed by identities and entities across internal employees, third party collaborators, and third party OAuth applications. DoControl connects Google Drive activity with business-context from identity providers (IdP), Human Resources Information Systems (i.e. BambooHR), Endpoint Detection and Response solutions (EDR/XDR), and other existing platforms.
This bidirectional feed enhances the value of existing IT and security investments, and creates a single view for the full inventory of every public and private drive within the environment. From there, security teams can enforce fine-grain Security Workflows to help prevent data overexposure and exfiltration, classify and scan sensitive data (i.e. PCI, PHI, and PII), extend governance and control over third party OAuth apps, and allow for secure content collaboration throughout Google Drive.
Key features include:
- A comprehensive view of the entire organization with visibility into individual user interactions within Google Drive.
- A risk-based approach to securing Google Drive by prioritizing the necessary identities and assets that carry higher levels of risk.
- The ability to establish future-proofed security workflows to mitigate the risk of data overexposure and exfiltration.
- The capacity to implement the granular access controls required to maintain business continuity by granting each group/department with the necessary sharing capabilities.
"To bolster the protection of sensitive company data and files, applying SaaS Security Workflows to Google Drive is vital to all organizations, no matter their size," said Adam Gavish, CEO and Co-Founder of DoControl. "By integrating Google Drive into the DoControl Platform, customers can monitor and control every entity and third party OAuth application accessing corporate data across another one of today's most highly used enterprise ecosystems."
As a Google Cloud partner, DoControl's offering enables the visibility required to manage and control access for groups and domains that need regular access to sensitive company data. With full visibility into all public and private drives through DoControl, teams can create automated secure workflows and policies to allow for secure file sharing between all users, both internal and external.
Supporting DoControl Resources
- Visit DoControl's Partnership Listing
- Visit the Google Drive Integration Website
- View the Solution Brief
- Watch the Webinar
Founded in 2020 and headquartered in New York, DoControl is an automated data access controls platform for SaaS applications, improving security and operational efficiency with ease for enterprises. DoControl is backed by investors Insight Partners, StageOne Ventures, Cardumen Capital, RTP Global, and global cybersecurity leader CrowdStrike's early stage investment fund, the CrowdStrike Falcon Fund. The company's leadership team combines product, engineering and sales experience across cybersecurity, enterprise, and SaaS innovators. For more information, please visit www.docontrol.io. Follow us on Twitter and LinkedIn.
For Media Inquiries:
Sena McGrand for DoControl
Lumina Communications
(917) 941-4975
sena@luminapr.com
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SOURCE DoControl | https://www.wibw.com/prnewswire/2022/09/14/docontrol-joins-google-cloud-partner-advantage-program/ | 2022-09-14T13:26:27Z |
Dear Heloise: There is a new scam going around. You get an email from a company and they list a phony customer ID and a phony invoice number for a “firewall defender.” They would have you believe they are from a well-known software company, but they are not. They even try to make you think they’re giving you a $50 discount and the price is $349. At the bottom of the notice is a telephone number to call, but don’t do it.
Instead of calling these scammers, send the email to your state consumer protection office and to the Federal Trade Commission online, or call them at 1-877-382-4357 (9 a.m. to 8 p.m.). You can also report a scam at www.usa.gov/stop-scams-frauds.
Do not call or contact these people and never give anyone your financial information or Social Security number, no matter what they tell you. Thousands of people are cheated out of large sums of money every year by scammers. Don’t be one of them.
—Anna C., Evergreen, Colo
Anna, thank you for that information. We receive letters and emails every week from people who were victims of some scammer. Most were just trusting individuals who thought they were doing the right thing. By ignoring the scammer and letting a government agency handle it, you help put the scammers out of business.
— Heloise | https://www.tdtnews.com/life/advice_columns/article_f1751290-b0fc-11ec-8ec8-d3e6c2bc42af.html | 2022-04-01T09:21:33Z |
Feds: Ghislaine Maxwell deserves at least 30 years in prison
NEW YORK (AP) — British socialite Ghislaine Maxwell should spend at least 30 years in prison for her role in the sexual abuse of teenage girls over a 10-year period by her onetime boyfriend, financier Jeffrey Epstein, prosecutors said Wednesday in written arguments.
Prosecutors said she should serve between 30 years and 55 years in prison, reflecting the federal sentencing guidelines. They made their recommendations to the judge who will preside over a sentencing hearing on Tuesday in Manhattan federal court.
The 60-year-old Maxwell was convicted in December of sex trafficking and other crimes after a month-long trial that featured testimony from four women who said they were abused in their teens.
Defense lawyers said in a sentencing submission last week that she should spend no more than five years in prison and shouldn’t pay for Epstein’s crimes, since he was the mastermind and principal abuser and “orchestrated the crimes for his personal gratification.” Epstein took his own life in 2019 in jail as he awaited a Manhattan federal sex trafficking trial.
But prosecutors said Maxwell played an “instrumental role in the horrific sexual abuse of multiple young teenage girls” between 1994 and 2004 at some of Epstein’s palatial residences. They called her crimes “monstrous.”
“As part of a disturbing agreement with Jeffrey Epstein, Maxwell identified, groomed, and abused multiple victims, while she enjoyed a life of extraordinary luxury and privilege. In her wake, Maxwell left her victims permanently scarred with emotional and psychological injuries,” prosecutors wrote.
“That damage can never be undone, but it can be accounted for in crafting a just sentence for Maxwell’s crimes,” they added.
Prosecutors also urged the judge to reject Maxwell’s pleas for leniency on the grounds that she has suffered in extraordinary ways in jail while awaiting trial and afterward. Defense lawyers said she has faced death threats and harsh conditions that have caused her to lose hair and weight.
Maxwell’s appearance at trial proved those claims were wrong, prosecutors said, adding: “The defendant is perfectly healthy, with a full head of hair.”
They said Maxwell “has enjoyed remarkable privileges as a high-profile inmate that vastly exceed the benefits accorded to the average inmate. It is unsurprising that a woman who had led a life of incredible luxury should complain about her life as a prisoner, but that fact does not come close to meriting leniency at sentencing, much less the extraordinary degree of leniency the defendant seeks.”
Prosecutors also attacked claims by Maxwell’s lawyers that she suffered “a credible death threat” in jail, saying that an internal probe of the purported threat revealed that an inmate remarked to someone in passing something to the effect of: “I’d kill her if someone paid me a million dollars.” As a result, they said, someone who overheard the remark reported it and the inmate was moved from the housing unit.
They also cited what they described as Maxwell’s “complete failure to address her offense conduct and her utter lack of remorse. Instead of showing even a hint of acceptance of responsibility, the defendant makes a desperate attempt to cast blame wherever else she can.”
Maxwell’s efforts to cast aspersions on the motives of the government for prosecuting her and her claim that she is being held responsible for Epstein’s crimes are “absurd and offensive,” prosecutors said.
“Maxwell was an adult who made her own choices. She made the choice to sexually exploit numerous underage girls. She made the choice to conspire with Epstein for years, working as partners in crime and causing devastating harm to vulnerable victims,” they said.
Prosecutors said nearly all of the $22.5 million in assets that Maxwell claimed in a bail proposal that was never granted was given to her by Epstein.
“The defendant’s access to wealth enabled her to present herself as a supposedly respectable member of society, who rubbed shoulders with royalty, presidents, and celebrities. That same wealth dazzled the girls from struggling families who became the defendant and Epstein’s victims,” prosecutors said.
The sentencing submission also included quotes from letters written to the judge by women who testified during the trial, including Kate, an ex-model from Great Britain who said “the consequences of what Ghislaine Maxwell did have been far reaching for me.”
“I have struggled with, and eventually triumphed over, substance use disorder. I have suffered panic attacks and night terrors, with which I still struggle. I have suffered low self esteem, loss of career opportunities. I have battled greatly with feeling unable to trust my own instincts, in choosing romantic relationships,” she wrote.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/23/feds-ghislaine-maxwell-deserves-least-30-years-prison/ | 2022-06-23T06:15:27Z |
T7 Family Accelerates a Wide Range of Storage, Networking, and Security workloads Supported by Modern Storage, Enterprise, and Cloud Applications
SUNNYVALE, Calif., Aug. 2, 2022 /PRNewswire/ -- Chelsio Communications, Inc., a leading provider of high performance (1/10/25/40/50/100/200/400Gb) Ethernet Unified Wire Adapters and ASICs for storage networking, virtualized enterprise datacenters, cloud service installations, and cluster computing environments, today announced that the company will be demonstrating the T7 DPU Emulation Platform at the Flash Memory Summit (August 2-4, 2022).
The T7 DPU Emulation Platform supports a 5U chassis that connects to a server host via a PCIe ribbon cable. It includes a mapping of all T7 logic gates, supports the Linux boot process for running applications, and the host software of T7 predecessors, T5 & T6, as-is, thus demonstrating the ability of customers to leverage prior software investment. T7 Emulation Platform delivers an aggregate of 40 Gigabit Ethernet (40GbE) aggregate bandwidth via 4X10GbE or 2X40GbE connectivity options. The T7 Emulation Platform for software development is available to Chelsio T7 Early Access customers.
The T7 Emulation Platform fully validates T6 software operation on T7 to enable a high degree confidence in a continued first silicon to production experience similar to earlier generation T5 and T6 ASICs. During the Flash Memory Summit, Chelsio will demonstrate the following T7 Emulation Platform capabilities that illustrate how T7 adapter and ASIC solutions offer high-speed Ethernet storage networking complement solid state storage technologies in the company's booth (# 635):
- 100G Kernel and User Space NVMe/TCP Using Chelsio TOE for low-latency access to NVMe SSD storage.
- iWARP RDMA for enabling NVMe Over Fabrics-based network access with industry leading high-performance and low latency.
- iSCSI Protocol Offload-based access to flash storage with extremely high throughput and IOPs.
- Chelsio TCP Offload Engine (TOE) which offloads the processing of TCP/IP protocol stack from the server host for high-performance, low overhead network communications.
- NVMe/TCP with Chelsio TOE using the protocol data unit (PDU) interface for highly efficient, low-latency access to NVMe SSD storage.
- Memory-free Server Offload functions optimized for datacenter networking applications.
- T6 legacy mode software running on T7 for iSCSI, iWARP, TOE, NIC, NVMe/TCP.
"T7 embodies a major leap in the level of functionality of our products and provides a generalized solution for our OEM partners in the cloud, server and storage markets for fully addressing the challenges of efficient data processing and movement with the confidence of having several generations of offload products in production," stated Kianoosh Naghshineh, CEO at Chelsio Communications.
"The Chelsio T7 DPU is a new type of I/O processor optimized to process data-centric workloads offloading server CPU overhead of software-defined networking, storage, security and other cloud-native services while boosting application performance," said Greg Schulz, Sr. Analyst Server StorageIO. "The T7 Emulation Platform is a milestone in broad-based deployment of Chelsio T7 DPU."
The T7 DPU Emulation Platform for software development is available to early access customers. T7 DPU ASICs will be sampling in 4Q22 and, similar to T5 and T6, and is expected to be in production on first silicon within one quarter. Please contact Chelsio for more information.
Chelsio is a recognized leader in high performance (1/10/25/40/50/100/200/400Gb) Ethernet adapters for networking and storage within virtualized enterprise datacenters, public and private hyperscale clouds, and cluster computing environments. With a clear emphasis on performance and delivering the only robust offload solution, as opposed to simple speeds and feeds, Chelsio has set itself apart from the competition. The Chelsio Unified Wire DPU fully offloads all protocol traffic, providing no-compromise performance with high packet processing capacity, sub-microsecond hardware latency and high bandwidth. Visit the company at www.chelsio.com and follow the company on Twitter and Facebook.
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SOURCE Chelsio Communications, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/02/chelsio-demonstrate-7th-generation-unified-wire-t7-dpu-emulation-platform-flash-memory-summit-2022/ | 2022-08-03T00:52:48Z |
BYU investigation finds no racial slurs against Duke player
PROVO, Utah (AP) — An investigation by Brigham Young University into allegations that fans engaged in racial heckling and uttered racial slurs at a Duke volleyball player last month found no evidence to support the claim.
BYU issued the results of its investigation into the Aug. 26 match on Friday, reiterating it will not tolerate conduct threatening any student-athlete.
The school said it reached out to more than 50 people who attended the event, including athletic department personnel and student-athletes from both schools, event security and management and fans who were in the arena. It also reviewed audio and video recordings and raw footage from the match.
As a result of the investigation, the university said it has lifted a ban on a fan who was identified as directing racial slurs toward Duke sophomore Rachel Richardson during the match. It also apologized to the fan for any hardship the ban caused.
Duke athletic director Nina King issued a statement standing by Richardson and the rest of her team.
“The 18 members of the Duke University volleyball team are exceptionally strong women who represent themselves, their families, and Duke University with the utmost integrity,” she said Friday after BYU issued its statement. “We unequivocally stand with and champion them, especially when their character is called into question. Duke Athletics believes in respect, equality and inclusiveness, and we do not tolerate hate and bias.”
In the aftermath of the Aug. 26 match, South Carolina women’s basketball program canceled a home-and-home series with BYU. Gamecocks coach Dawn Staley said she did not want to put her players in the situation that she said Richardson had experienced.
The Gamecocks were scheduled to start the season at home against BYU on Nov. 7, then play at the Utah campus during the 2023-24 season.
BYU said it remains committed to rooting out racism wherever it is found. The school also said it understands some will criticize their investigation as being being selective in its review.
“To the contrary, we have tried to be as thorough as possible in our investigation, and we renew our invitation for anyone with evidence contrary to our findings to come forward and share it,” the school said.
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/09/byu-investigation-finds-no-racial-slurs-against-duke-player/ | 2022-09-09T16:42:17Z |
ROLLA, Mo., Aug. 19, 2022 /PRNewswire/ -- The following statement is being issued by Kroll Settlement Administration regarding the PBM Nutritionals Infant Formula Label Settlement.
There is a proposed settlement in a class action lawsuit, White v. PBM Nutritionals, LLC, that alleges that certain Well Beginnings, Meijer Baby, Little Journey, Wesley Farms, Burt's Bees Baby, Berkley Jensen, Parent's Choice, Earth's Best Organic, Comforts, Up & Up, Babies "R" Us, Member's Mark, And Bobbie Baby brand formula products were deceptively packaged and labeled as being able to make a specific number of liquid ounce bottles of formula when following the directions for preparation and use. PBM Nutritionals denies these allegations and asserts that its labelling and marketing is truthful but has settled this case to avoid further litigation and distraction of resources from its business.
A complete list of the Products included in the settlement is available at www.PBMlabelSettlement.com or by calling (833) 512-2316 and requesting a copy of the Product list.
Consumers who live in the United States and purchased in the United States from January 1, 2017 through July 21, 2022 (for personal use only) certain Well Beginnings, Meijer Baby, Little Journey, Wesley Farms, Burt's Bees Baby, Berkley Jensen, Parent's Choice, Earth's Best Organic, Comforts, Up & Up, Babies "R" Us, Member's Mark, and Bobbie Baby brand Products (as identified on the list of Products at www.PBMlabelSettlement.com).
The Settlement will provide up to $2,000,000 to pay valid claims as follows:
- Consumers with proof-of-purchase can get $2.00 per unit up to a total of $30.00 per Household.
- Consumer without proof-of-purchase can get $2.00 per unit up to a total of $10.00 per Household.
- Consumers cannot submit claims under both categories.
- Claims must be submitted no later than 11:59 p.m. Central Time on November 30, 2022.
In addition, PBM Nutritionals will make changes to the way it labels the Products.
- Do Nothing. Consumers who do nothing will be legally bound by decisions of the Court and will give up any rights to sue for the claims resolved by this Settlement.
- Opt-Out. Consumers who do not want to be bound by the Settlement must exclude themselves by October 18, 2022.
- Object to the Settlement. Consumers may submit an objection and explain why they do not like the settlement. Objections must be submitted by October 18, 2022.
- File a Claim: Consumers can file a claim, with or without proof-of-purchase, by November 30, 2022.
Complete instructions on how to file a claim, opt-out, or objection are found at www.PBMlabelSettlement.com or by calling (833) 512-2316.
The Court will hold a hearing on October 26, 2022, at 9:00 a.m. at Phelps County Circuit Court, 200 North Main Street Rolla, MO 65401 to hear any objections, determine if the Settlement is fair, and to consider attorney's fees and expenses of up to $600,000 and a Service Award for Class Representatives of up to a combined total of $17,500. Consumers may attend the Hearing, but they aren't required to.
This is only a summary. If you have questions or want more information about this lawsuit, the settlement, and consumers rights in the settlement, visit www.PBMlabelSettlement.com or by calling (833) 512-2316., or write to: White v. PBM Nutritionals, c/o Kroll Settlement Administration, PO Box 225391, New York, NY 10150-5391.
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SOURCE Kroll Settlement Administration | https://www.wibw.com/prnewswire/2022/08/19/consumers-who-purchased-certain-well-beginnings-meijer-baby-little-journey-wesley-farms-burts-bees-baby-berkley-jensen-parents-choice-earths-best-organic-comforts-up-amp-up-babies-r-us-members-mark-bobbie-baby-brand-formula-products-between-january-1-2017-july-21-2022-could-be-affected-by-proposed-class-action-settlement/ | 2022-08-19T14:37:48Z |
Americans start to feel the impact of federal Covid-19 funds drying up
By Tami Luhby, CNN
As Congress struggles to provide more federal funding to combat Covid-19, Americans are starting to feel the consequences.
The federal program that reimburses pharmacies, clinics, doctors, hospitals and other providers for testing and treating the uninsured for Covid-19 stopped accepting new claims last week due to insufficient funds. And it will cease taking new claims for vaccinating the uninsured on April 5.
The end of this program — which launched in the early days of the pandemic — makes it tougher for the nation’s 31 million uninsured residents to contend with Covid-19. While some access to free services continues, many uninsured Americans will now have to shell out money to get a coronavirus test or receive treatment if they are sick.
Vaccinations should still be provided free of charge since the federal government pre-purchased all the vaccines, said Jennifer Tolbert, associate director for the Program on Medicaid and the Uninsured at the Kaiser Family Foundation. Providers have been able to apply for reimbursement for administering the shot.
The federal program’s cessation is expected to hit more than just the uninsured, especially if the US experiences another Covid-19 surge.
“Some patients will end up not getting these lifesaving vaccines, treatments or being able to identify if they have had any type of exposure, which is going to harm these vulnerable individuals and impact our nation’s safety and protection against Covid-19,” said Audrey Richardson, policy analyst at Families USA, a consumer health advocacy group.
Asking Congress for more money
As part of its request for $22.5 billion in supplemental Covid-19 funding last month, the White House asked for $1.5 billion to replenish the program for the uninsured.
However, the $15.6 billion package that the House failed to include in the federal spending bill last month did not specifically include more funding for the uninsured. On Thursday, lawmakers struck a bipartisan deal “in principle” for an even narrower $10 billion Covid-19 aid proposal, according to Utah GOP Sen. Mitt Romney.
Several industry groups representing providers are pushing lawmakers to revive the effort, especially as cases of the BA.2 subvariant of the Omicron variant rise in Europe and Asia.
“Without question, the exhaustion of these funds will threaten access to testing for the most vulnerable Americans at a critical time in our nation’s response effort,” Thomas Sparkman, senior vice president for government affairs and policy at the American Clinical Laboratory Association, wrote in a letter to congressional leaders last month.
The White House has also flagged other federal Covid-19 response efforts that will suffer without additional money, including purchasing more vaccines, monoclonal antibody treatments and preventive treatments for the immunocompromised. The federal government will also have trouble sustaining testing capacity.
Plus, the nation’s ability to identify emerging variants and support global vaccination and treatment efforts will be reduced, according to the Biden administration.
Curtailing the spread
Congress created and funded the Covid-19 uninsured program as part of several coronavirus relief packages it passed in 2020. The effort also draws from money allocated in the American Rescue Plan Act, which was enacted in March 2021.
The goal was to make sure those without health coverage could obtain care, which would also help stop the virus’ spread.
More than 50,000 providers have been reimbursed a total of just under $19 billion by the program as of early March, according to Martin Kramer, spokesman for the federal Health Resources and Services Administration, which runs the uninsured fund. Since early 2022, the agency has been receiving about 1 million claims a day and paying out about $500 million a week.
About 61% of the reimbursements have been for testing, about 31% for treatment and less than 9% for vaccine administration, according to data from the Centers for Disease Control and Prevention.
Millions of Americans have benefited from the program, Kramer said, noting it has served a critical role during the pandemic.
“Costs for these services can really add up for someone without insurance, depending on the treatment and care they need,” he said. The program’s end “will increase the disparity in access to critically needed health care and will put additional burdens on safety net providers.”
Charging fees or stopping service
Some providers have already announced that the uninsured will have to pay for Covid-19 testing now.
Quest Diagnostics, one of the nation’s largest commercial labs, has started charging uninsured Americans who order tests through QuestDirect between $70 and $125, depending on the type, according to Kim Gorode, a company spokeswoman. Those who go to a doctor who orders a test through Quest Diagnostics will pay $100.
The company has received about $488 million in reimbursements for testing from the uninsured fund, according to the CDC database and confirmed by Quest.
Meanwhile, Curative, a health care startup, stopped testing those without insurance in certain states — including Florida and Texas — where the uninsured comprise a significant share of its patients and where it has no other reimbursement arrangements in place. It provides testing in 34 states.
Curative has received nearly $587 million in reimbursements, according to the CDC. Asked about the figure, the company said there is insufficient data on the agency’s website to confirm its accuracy.
For Embry Health, the end of the reimbursement program could result in the shuttering of the vast majority of the Covid-19 testing company’s 300 locations in seven states, said CEO Raymond Embry. It started to suspend operations in 60 sites in Arizona as of April 1.
About 50% of its clients are uninsured.
The company, which has received about $54 million in reimbursements from the federal program, now tests a total of around 2,200 people a day, Embry said. That’s down from a height of 46,000 during the Omicron spike earlier this year.
As of Friday, the company was continuing to provide free testing to the uninsured, even though the federal program stopped accepting new claims on March 22, Embry said. But it cannot do so indefinitely.
He is concerned that it will be harder for the uninsured to get tested just as the highly contagious BA.2 subvariant of Omicron has become the dominant strain in the US.
“Patients need to feel confident to be able to get tested, and the only price that’s acceptable to them is free. It has to be free,” Embry said.
Free testing still available
Though it’s more difficult to find, free testing is still available for the uninsured.
CVS said that those without coverage can continue receiving Covid-19 tests or vaccinations at no cost at its pharmacies.
The chain has received $38 million for testing and $475 million for vaccines from the federal program, according to the CDC. CVS referred questions about the accuracy of the data to the Health Resources and Services Administration, which did not immediately return a request for confirmation.
Many states, municipalities and community health centers still offer testing at no charge.
For instance, New York City’s Department of Health is continuing to provide free testing and vaccines for the uninsured, along with those who have coverage, at mobile sites, local clinics, city-owned hospitals and other locations. The effort is funded with money from multiple public sources, including the city, state and federal governments.
Another option for the uninsured: Ordering up to two sets of four free at-home Covid-19 tests from the federal government at Covidtests.gov.
Advocates and health care providers, however, worry that the uninsured may become more reluctant to seek medical services now that the reimbursement program is ending.
“We would definitely not want anyone who does not have coverage at this point to see this information out there about this program going away and think that they wouldn’t have access to care,” said Molly Smith, group vice president of policy for the American Hospital Association.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/02/americans-start-to-feel-the-impact-of-federal-covid-19-funds-drying-up-2/ | 2022-04-02T19:12:32Z |
Registered Investment Advisors converge on SYNERGY22 in Orlando, Fla. in record numbers.
ORLANDO, Fla., May 24, 2022 /PRNewswire/ -- TradePMR, a technology and custodial services provider for Registered Investment Advisors (RIAs), will kick off its signature conference SYNERGY22 Unleashed, on Wednesday May 25 through Friday, May 27 at The Ritz-Carlton Orlando, Grande Lakes. The event marks the return of the annual conference that gathers Registered Investment Advisors (RIAs) from across the country with some of the wealth management industry's top technology and service providers for the first time since 2019.
"During the pandemic, TradePMR was fortunate to help numerous RIAs transition to our Fusion platform and for some – SYNERGY22 is the first opportunity for us to meet in person. We are excited to gather and celebrate the successes of RIAs," said TradePMR CEO and Founder, Robb Baldwin. "This year's SYNERGY theme is 'Unleashed,' which we feel is a perfect fit after the constraints we've all felt over the past couple years. The conference will focus on providing RIAs with the technology, service, and insights to unleash their potential, unleash their ambition, and ultimately unleash their growth."
The conference agenda is filled with sessions hosted by TradePMR team members, successful RIAs, and keynote speakers that are leaders of their respective industries. SYNERGY22 attendees will see keynote sessions, including;
- John DiJulius, best-selling author on customer experience and founder of The DiJulius Group,
- Allison Schrager, economist and published author
- Grant Hill, NBA Hall of Famer and entrepreneur.
- Industry veterans and technologists Joel Bruckenstein, president of Technology Tools for Today, and John O'Connell, founder of The Oasis Group.
- Robb Baldwin, Founder and CEO, TradePMR
This broad slate of guest speakers will aim to provide outside perspective into the challenges and opportunities facing RIAs today. In addition to these sessions taking place throughout the week, the conference will feature a private concert from Ken Block and Drew Copeland from TradePMR's hometown, Gainesville, Fla.-based band, Sister Hazel
"While much has changed since our last SYNERGY conference in 2019, one thing has not: our commitment to providing RIAs with advanced technology backed by white-glove service," said Scott Victoria, Chief Operating Officer at TradePMR. "Our team has a number of updates in the works that we can't wait to share with our advisors throughout the week. We couldn't pick a better place to showcase the future of TradePMR, and how our team is working tirelessly to support RIAs across the country."
This year's event is sponsored by FirstClearing, Adhesion Wealth, Compliance Solutions Strategies (CSS), AdvisorEngine, Benjamin, Black Diamond, Preferred Capital Securities (PCS), Advyzon, CalSurance, D.A. Davidson, Markel, Millennium Trust Company, Myriad Advisor Solutions, Redtail, RightSize Solutions, Riskalyze, Starkweather & Shepley, SumRidge Partners, Intercontinental Exchange, Inc. (ICE), FP Transitions, Morningstar, Addepar, and Broadridge.
For more information about the SYNERGY conference including the complete list of speakers and full agenda, visit synergy.tradepmr.com.
To follow the events updates throughout the week, follow any of TradePMR's social media accounts on Twitter, LinkedIn, Facebook or Instagram or by searching the hashtag #SYNERGY22 .
About TradePMR
For more than two decades, TradePMR has worked with growth-minded independent registered investment advisors (RIAs), providing innovative technology tools and support designed to transform their businesses. The privately-held brokerage and custodian services provider (Member FINRA/SIPC), based in Gainesville, Fla., works to streamline fee-only investment advisors' operations through comprehensive custodial, operational, and trading support. For more information, visit www.TradePMR.com.
Follow TradePMR on Twitter, Facebook, and LinkedIn for the latest news, updates, and event information.
John DiJulius, Allison Schrager, Grant Hill, Joel Bruckenstein, John O'Connell, Ken Block, and Drew Copeland are not affiliated with TradePMR.
SYNERGY22 sponsors listed are not affiliated with TradePMR.
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SOURCE TradePMR | https://www.mysuncoast.com/prnewswire/2022/05/24/tradepmr-annual-conference-returns-synergy22-unleashed/ | 2022-05-24T12:55:16Z |
MINNEAPOLIS (AP) — As Dylan Cease unwound in the clubhouse after his latest masterful start, the soft-spoken right-hander downplayed any lingering disappointment about being left off the All-Star team.
The jovial Chicago White Sox were more than happy to state his case.
Cease spun a one-hitter over seven innings as the White Sox walloped Minnesota 11-0 on Sunday to surge into the break by winning three out of four games against the first-place Twins.
“That’s what he’s done all year,” manager Tony LaRussa said. “He’s picked us up at important times.”
Cease (9-4) allowed only a fifth-inning single to Alex Kirilloff and two walks. Andrew Vaughn had three hits and three RBIs to help bring the White Sox within three games of Minnesota in the AL Central. Cleveland is two games back.
“We showed up,” Cease said, “and we showed that we’re still here.”
The White Sox had 16 hits on a hot and humid afternoon, including home runs by Yoán Moncada, Vaughn and Josh Harrison in the seventh inning. Chicago outscored the Twins 32-10 during the series to pick up two games in the standings.
“There’s no way we’re going to sit here and speak glowingly about the way we just played. We won one out of four of these games, and we had ambitions to do a lot more than that,” Twins manager Rocco Baldelli said. “That being said, I think it was a first half that was mostly good baseball, but we do have work to do.”
Lowering his ERA to 2.15 with his fifth scoreless start of the season, Cease struck out eight to become the fastest pitcher in White Sox history to record 500 career strikeouts. He got there in 399 1/3 innings, well ahead of seven-time All-Star Chris Sale (472 1/3).
Tim Anderson’s two-out, two-strike, two-run single gave Chicago the lead in the fifth inning against Twins starter Chris Archer (2-4), who was cruising in his return from the 15-day injured list for left hip tightness until a two-out walk to Seby Zavala.
Vaughn followed with a two-run double four batters later to prompt Baldelli to pull Archer.
“He had his stuff working,” Vaughn said, “and then his stuff stopped.”
The White Sox then roughed up right-hander Joe Smith in a six-run seventh inning with a two-run homer by Moncada, a solo drive by Vaughn and a three-run homer by Harrison. The 38-year-old Smith did not allow an earned run in his first 16 appearances of the season. In 14 games since May 23, Smith has surrendered 23 hits, 16 runs and six homers.
The defending division champion White Sox were one of baseball’s most egregious first-half underachievers, having not been above the .500 mark since May 25. They’re 11-7 in July, though, and looking every bit the a formidable challenger to a Twins club that has been in first place for all but one day since April 24 when they finished a three-game sweep of the White Sox.
“Good teams are going to lose games,” Archer said. “What I like most about this first half is we haven’t played our best baseball and we’re in the position that we’re in.”
NEVER CEASING TO AMAZE
Cease has been the rock of a rotation featuring past All-Star picks Johnny Cueto, Lucas Giolito and Lance Lynn. He leads the AL in strikeouts. In his last 10 starts, Cease has logged 58 innings with 79 strikeouts and just 34 hits and three earned runs allowed.
“I don’t know how he’s not in the All-Star game,” designated hitter José Abreu said through a team translator. ”It’s crazy.”
WITH HONORS
The White Sox had closer Liam Hendriks added to the All-Star team in the last wave of substitutions for injuries and weekend starting pitching. Twins center fielder Byron Buxton was promoted to the AL starting lineup after Mike Trout backed out. Anderson is also going to the game in Los Angeles, as is Twins infielder Luis Arraez.
TRAINER’S ROOM
White Sox: CF Luis Robert was out of commission for the third straight day after feeling lightheaded in the first inning Friday night. He’ll have a medical exam Monday.
Twins: RHP Devin Smeltzer was sent down to Triple-A St. Paul to make room for Archer. With three scheduled off days over the first 10 days after the All-Star break, the Twins will only need four starting pitchers until August.
UP NEXT
The White Sox host Cleveland for a four-game series starting Friday. They have 10 of their next 12 games at home, where they’re just 19-25 this year.
The Twins don’t play again until Saturday at Detroit to start a two-game series. Their next home game is not until Aug. 1.
___
More AP MLB coverage: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/cease-white-sox-top-twins-11-0-to-win-big-series-into-break/ | 2022-07-18T18:24:39Z |
Human remains identified as missing mother last seen in 2018, authorities say
LONGMONT, Colo. (KKTV/Gray News) - Authorities in Colorado updated their investigation into the disappearance of a woman in 2018.
Rita Gutierrez-Garcia was last seen alive by friends in Longmont on March 18, 2018. Juan Figueroa Jr. was identified by law enforcement as a suspect early in their investigation, as reported by KKTV.
In June 2021, Figueroa Jr. was charged with the murder and kidnapping of Gutierrez-Garcia, without her body being found.
Following new information presented to investigators, authorities said they searched an area in Weld County, east of Longmont, on April 28. Human remains were recovered in that area.
On Thursday, the remains were identified as Gutierrez-Garcia through DNA analysis, according to authorities.
“The investigation into Rita’s disappearance and cold-case homicide involved a multi-state investigation, dozens of interviews and search warrants,” authorities wrote in a news release.
The 20th Judicial District Attorney’s Office and Longmont Police Services reportedly said they were grateful to bring Gutierrez-Garcia home to her family.
Gutierrez-Garcia was a mother of three, according to officials.
Authorities said Figueroa Jr. was also sentenced for a different attack involving another woman. His next court date is scheduled for June 3.
Copyright 2022 KKTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/20/human-remains-identified-missing-mother-last-seen-2018-authorities-say/ | 2022-05-20T03:37:45Z |
TORONTO, Aug. 10, 2022 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces financial results for three months ended June 30, 2022.
Record Revenues of $1,362 Million and EBITDA1 of $189 Million
Strong Capital Structure with Liquidity1 of $472 Million
Initiating a Normal Course Issuer Bid
Non-GAAP Measures and Ratios
We use a number of measures that are not prescribed by International Financial Reporting Standards ("IFRS" or "GAAP") and as such may not be comparable to similar measures presented by other companies. We believe these measures are commonly employed to measure performance in our industry and are used by analysts, investors, lenders and other interested parties to evaluate financial performance and our ability to incur and service debt to support our business activities. These non-GAAP measures include EBITDA and Liquidity and are defined below. Refer to Non-GAAP Measures and Ratios on page 2 of our Management Discussion and Analysis.
EBIT - represents net earnings before interest and income taxes.
EBITDA - represents net earnings before interest, income taxes, depreciation and amortization.
Liquidity - represents cash on hand less bank indebtedness plus excess availability under our bank credit facility.
The following table shows the reconciliation of net earnings in accordance with GAAP to EBITDA for 2022 and 2021:
Our basic earnings per share of $1.96 for the quarter ended June 30, 2022, was higher than the $1.88 per share recorded in the second quarter of 2021 and the $1.56 recorded in the 2022 first quarter. For the six months ended June 30, 2022, our basic earnings per share of $3.53 compared to $3.18 for the same period in 2021. Revenues of $1.4 billion were higher than the $1.1 billion experienced in second quarter of 2021. Our gross margins of 25.3% compared to 30.7% in the same quarter of 2021 and 21.7% in the 2022 first quarter. Our EBITDA for the quarter was $189 million compared to EBITDA of $178 million in the same quarter of 2021 and $153 million in the first quarter of 2022. EBITDA in the second quarter of 2022 benefited by $4 million related to the non-cash mark-to-market on our stock-based compensation compared to an EBITDA reduction of $8 million in the 2021 second quarter and $nil in the 2022 first quarter.
Summary Operating Results
In the 2022 second quarter, each of our business segments contributed to our record quarterly revenues and strong margins. Our metals service centers segment reported higher revenues and margins in the 2022 second quarter versus the 2022 first quarter due to higher average steel prices, consistent demand and the benefits from our value-added processing initiatives. Metals service centers realized an increase in selling price per ton of 31% compared to the 2021 second quarter and 6% compared to the 2022 first quarter. Tons shipped in metals service centers were consistent with the same period in 2021 and the 2022 first quarter. In our energy products segment, our revenues and margins increased in the 2022 second quarter versus the 2022 first quarter and the 2021 second quarter due to a continuation of the favourable trend in sector business activity. Our steel distributors segment benefited from continued high margins due to the favourable market conditions.
Market Conditions
Steel market conditions rebounded late in the 2022 first quarter and remained favourable for most of the 2022 second quarter, albeit with price declines on certain products in the later part of the quarter. In addition, some of the supply chain issues that were experienced over the past several quarters have improved. The energy sector experienced improved demand with higher rig counts due to high oil and natural gas prices and the relatively mild spring break up in Canada, which led to improved operating conditions in what is typically a seasonally slow second quarter. At June 30, 2022, the Canadian rig counts were 154 compared to 126 in the 2021 second quarter and the U.S. rig counts were 753 compared to 470 at June 30, 2021.
Liquidity and Capital Structure
During the 2022 second quarter, we generated $69 million of cash from operating activities and ended the quarter with total available liquidity of $472 million.
Subject to approval from the Toronto Stock Exchange, we intend to initiate a normal course issuer bid to purchase for cancellation up to approximately 3.2 million of our common shares, representing 5% of our issued and outstanding shares, over the next 12 months.
On June 20, 2022, Moody's Investors Service upgraded our corporate credit rating from Ba2 to Ba1.
Declaration of Quarterly Dividends
The Board of Directors approved a quarterly dividend of $0.38 per common share payable September 15, 2022, to shareholders of record as of August 29, 2022. We will continue our practice of prudently reviewing our dividend and ensure that it is supported by a strong balance sheet and cash flows.
Outlook
Over the past several months, steel prices have moderated but demand remains steady across most of our operating regions. We expected steel prices to continue to exhibit volatility over the near term, particularly as industry-wide inventory levels adjust to more historical levels. As a result of the lag effect that steel price declines have on the cost of goods sold in our metals service centers and steel distributors segments, we expect the recent steel price moderations to reduce our near-term gross margins from the high levels that were generated in the second quarter of 2022. In our energy segment, we expect a continuation of the improving trend in operating conditions through the balance of 2022.
Investor Conference Call
The Company will be holding an Investor Conference Call on Thursday, August 11, 2022, at 9:00 a.m. ET to review its 2022 second quarter results. The dial-in telephone numbers for the call are 416-764-8688 (Toronto and International callers) and 1-888-390-0546 (U.S. and Canada). Please dial in 10 minutes prior to the call to ensure that you get a line.
A replay of the call will be available at 416-764-8677 (Toronto and International callers) and 1-888-390-0541 (U.S. and Canada) until midnight, Thursday, August 25, 2022. You will be required to enter pass code 673428# to access the call.
Additional supplemental financial information is available in our investor conference call package located on our website at www.russelmetals.com.
About Russel Metals Inc.
Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three segments: metals service centers, energy products and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. Its energy products operations carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.
Cautionary Statement on Forward-Looking Information
Certain statements contained in this press release constitute forward-looking statements or information within the meaning of applicable securities laws, including statements as to our future capital expenditures, our outlook, the availability of future financing and our ability to pay dividends. Forward-looking statements relate to future events or our future performance. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. Forward-looking statements are necessarily based on estimates and assumptions that, while considered reasonable by us, inherently involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the factors described below.
We are subject to a number of risks and uncertainties which could have a material adverse effect on our future profitability and financial position, including the risks and uncertainties listed below, which are important factors in our business and the metals distribution industry. Such risks and uncertainties include, but are not limited to: the volatility in metal prices; volatility in oil and natural gas prices; cyclicality of the metals industry; capital budgets in the energy industry; pandemics and epidemics; climate change; product claims; significant competition; sources of metals supply; manufacturers selling directly; material substitution; credit risk; currency exchange risk; restrictive debt covenants; asset impairments; the unexpected loss of key individuals; decentralized operating structure; future acquisitions; the failure of our key computer-based systems, labour interruptions; laws and governmental regulations; litigious environment; environmental liabilities; carbon emissions; health and safety laws and regulations; and common share risks.
While we believe that the expectations reflected in our forward-looking statements are reasonable, no assurance can be given that these expectations will prove to be correct, and our forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release and, except as required by law, we do not assume any obligation to update our forward-looking statements. Our actual results could differ materially from those anticipated in our forward-looking statements including as a result of the risk factors described above and under the heading "Risk" in our MD&A and under the heading "Risk Management and Risks Affecting Our Business" in our most recent Annual Information Form and as otherwise disclosed in our filings with securities regulatory authorities which are available on SEDAR at www.sedar.com.
If you would like to unsubscribe from receiving Press Releases, you may do so by emailing info@russelmetals.com; or by calling our Investor Relations Line: 905-816-5178.
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SOURCE Russel Metals Inc. | https://www.wibw.com/prnewswire/2022/08/10/russel-metals-announces-2022-second-quarter-results/ | 2022-08-10T22:26:27Z |
‘It’s high time the 383 people who didn’t come back got recognized:’ Veterans celebrate ground-breaking of Desert Storm memorial in Washington
The plan was approved under President Obama, the plot was chosen by President Trump, and the construction will happen under President Biden.
WASHINGTON (Gray DC) - Veterans who have been fighting 32 years to erect a national monument in Washington in recognition of the First Gulf War will soon have their wish.
On Thursday, a groundbreaking ceremony took place in the northwest part of the city. The vacant lot that sits a stones throw from the Lincoln Memorial will be transformed in three years to commemorate those who fought and died in Operation Desert storm and Desert Shield. The $40 million memorial will be one of 18 military statues on the National Mall.
Senator John Boozman, R-AR, was an integral part of getting approval for the monument. Boozman said the location was selected from several possible plots along the mall.
“When people around the world think of our nation’s capital, they picture the landmarks spread across this backdrop and associate them with all that the United States represents” said Boozman.
Retired Airforce Master Sergeant Jim Ayers is just happy the day has finally come.
Ayers said, “We were there, some of the first ones in we landed on my 29th birthday, October 10th. 1990. We got there for Desert Shield. We stayed for the duration and 32 years. And I’ll tell you, it’s high time that the 383 people that didn’t come back got recognized for their selflessness, that they demonstrated out there the lasting legacy for generations to come of what we did.”
Ayers added he is proud to be a part of this legacy and this chapter in American history.
“There’ll be an opportunity on a spring Saturday morning. I’ll be able bring my granddaughter out here and walk her through she’s eight years old and have her understand what her grandfather did. And that’s that’s pretty special. I’m looking forward to that day,” said Ayers.
Copyright 2022 Gray DC. All rights reserved. | https://www.mysuncoast.com/2022/07/14/its-high-time-383-people-who-didnt-come-back-got-recognized-veterans-celebrate-ground-breaking-desert-storm-memorial-washington/ | 2022-07-14T20:30:38Z |
Kewsong Lee Steps Down as CEO and Member of the Board of Directors
Bill Conway, Co-Founder, current Non-Executive Co-Chairman and former Co-CEO, to Serve as Interim CEO
Board Forms Search Committee to Identify Permanent Successor
New Office of the CEO Established to Support Seamless Transition
NEW YORK and WASHINGTON, Aug. 7, 2022 /PRNewswire/ -- Global investment firm The Carlyle Group Inc. (Nasdaq: CG) ("Carlyle" or "the Company") today announced changes in its executive leadership team. With Chief Executive Officer Kewsong Lee's five-year employment agreement coming to a close at the end of 2022, both the Company's Board of Directors and Mr. Lee mutually agreed as part of their discussions that the timing is right to initiate a search for a new CEO to lead Carlyle forward in its next phase of growth. Mr. Lee will step down today as CEO and a member of the Board of Directors. He will be available as needed to assist in a transition during the months ahead. The Board has appointed William Conway, Co-Founder, current Non-Executive Co-Chairman of the Board, and former Co-CEO, to serve as Interim CEO.
A newly-formed Search Committee of the Board will drive the search for a permanent successor. The Board's Search Committee will include Mr. Conway as well as independent directors Lawton Fitt, Anthony Welters, Linda Filler, and Derica Rice. The Board will immediately engage an executive search firm to identify and assess candidates for the permanent CEO position.
Mr. Conway said, "The Board is grateful to Kewsong for everything he has done to position Carlyle for the future. As Carlyle undertakes this process to select a new leader, we do so from a position of strength, a testament to the performance of our talented team. Today, Carlyle is a more diversified, resilient firm with the resources to continue to invest in accelerating our growth trajectory. Looking ahead, our objective remains to execute on our vision of enhancing scale, speed, and performance in order to grow and deliver sustainable results, in any investment environment."
Mr. Lee said, "I am grateful for my time at Carlyle and thankful for the opportunity to build the firm with an incredibly talented and committed team. I feel immense pride in our many accomplishments during these complex and challenging times, especially the firm's record financial results, strong investment performance, and continued leadership on DEI and ESG initiatives. Diversified and durable, Carlyle is now well-positioned to capitalize on many exciting areas of attractive growth. I wish my colleagues at Carlyle well as they continue to set the highest standards for integrity and value creation in the asset management industry."
To assist Mr. Conway as he fulfills his duties as Interim CEO and assure a seamless transition once a permanent successor has been identified, an Office of the CEO has been established. Peter Clare, Chief Investment Officer for Corporate Private Equity and Chairman of Americas Private Equity, Mark Jenkins, Head of Global Credit, Ruulke Bagijn, Head of Global Investment Solutions, Curtis Buser, Chief Financial Officer, Christopher Finn, Chief Operating Officer, and Bruce Larson, Chief Human Resources Officer, will comprise the Office of the CEO and will work alongside Mr. Conway to continue driving forward Carlyle's strategy and build on the firm's strong momentum. To further facilitate a seamless transition, Mr. Finn has agreed to defer his previously-announced retirement at the end of this year.
Ms. Fitt, Carlyle's Lead Independent Director, said, "On behalf of the entire Board, I would like to thank Kewsong for his contribution to the Company during his tenure. Carlyle has built on its enviable legacy while diversifying its asset base and earnings streams, driving scale, and identifying new opportunities to further drive performance. Going forward, the Company will benefit from a fresh perspective to build upon its strengths and capitalize fully on its long-term future growth opportunities, regardless of macroeconomic headwinds.
"As the search for a permanent CEO proceeds, we are very pleased that Bill will lead Carlyle through this transition, as the Company remains focused on continuing to enhance value for its public shareholders and limited partners," Ms. Fitt concluded.
Consistent with its previously-reported second quarter earnings results, the Company noted that, as of June 30, 2022, total Assets Under Management was $376 billion, of which $260 billion was fee earning, and available capital for future investment was $81 billion.
The Company is again reaffirming its 2022 Fee Related Earnings target of $850 million, and its prior performance revenue guidance.
About William "Bill" Conway
Mr. Conway is a co-founder and current non-executive Co-Chairman of the Board. Mr. Conway was elected to our Board of Directors effective July 18, 2011. Previously, Mr. Conway served as our Co-Chief Executive Officer and Chief Investment Officer. Prior to forming Carlyle in 1987, Mr. Conway was the Senior Vice President and Chief Financial Officer of MCI Communications Corporation ("MCI"). Mr. Conway was a Vice President and Treasurer of MCI from 1981 to 1984. Mr. Conway is Chairman of the Board of Trustees of Johns Hopkins Medicine and a member of the Board of Trustees of the Catholic University of America. He previously served as chairman and/or director of several public and private companies in which Carlyle had significant investment interests. Mr. Conway received his BA from Dartmouth College and his MBA in finance from The University of Chicago Booth School of Business.
About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $376 billion of assets under management as of June 30, 2022, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 1,900 people in 26 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.
Forward-looking Statements
This press release 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. These statements include, but are not limited to, statements related to our expectations, estimates, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions regarding the performance of our business, our financial results, our liquidity and capital resources, contingencies, our dividend policy, and other statements that are not historical facts. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks, uncertainties and assumptions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements and those described under the section entitled "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on February 10, 2022, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. This release does not constitute an offer for any Carlyle fund.
Contacts
Media
Andrew Kenny, Global Corporate Communications
+44 7816 176120
andrew.kenny@carlyle.com
Kekst CNC
Jeremy Fielding / Anntal Silver
Jeremy.fielding@kekstcnc.com / Anntal.silver@kekstcnc.com
Shareholders
Daniel Harris
+1 (212) 813-4527
daniel.harris@carlyle.com
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SOURCE The Carlyle Group | https://www.kxii.com/prnewswire/2022/08/08/carlyle-announces-senior-leadership-changes/ | 2022-08-08T03:26:06Z |
NEW YORK, April 19, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Taskus, Inc. (NASDAQ: TASK) alleging that the Company violated federal securities laws.
Class Period: June 11, 2021 to January 19, 2022
Lead Plaintiff Deadline: April 25, 2022
No obligation or cost to you.
Learn more about your recoverable losses in TASK:
https://www.kleinstocklaw.com/pslra-1/taskus-inc-loss-submission-form?id=26054&from=4
Taskus, Inc. NEWS - TASK NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Taskus, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) TaskUs was experiencing severe financial strain and business challenges, particularly with its most important customer, Facebook; (2) the Content Security market was smaller than defendants represented and defendants' representations were based on outdated market data; (3) TaskUs improperly recognized revenue from certain key contracts; (4) defendants overstated the size of TaskUs' workforce as well as employee retention rates, and understated attrition rates; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Taskus you have until April 25, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Taskus securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the TASK lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/taskus-inc-loss-submission-form?id=26054&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/04/19/task-alert-klein-law-firm-announces-lead-plaintiff-deadline-april-25-2022-class-action-filed-behalf-taskus-inc-shareholders/ | 2022-04-19T10:41:32Z |
Dr. William Albright specializes in breast and body contouring procedures
SAN ANTONIO, Aug. 16, 2022 /PRNewswire/ -- The results are IN! Alamo Plastic Surgery was voted #1 Best Plastic Surgery in San Antonio for the second year in a row. Alamo Plastic Surgery is extremely grateful to their patients and SA Current readers for taking the time to vote. To celebrate and show their appreciation, the team announced weekly giveaways for our patients. Dr. Albright looks forward to another year of providing exceptional service and results!
A native of San Antonio, Dr. Albright has practiced plastic surgery for over ten years. He attended medical school at University of Texas Medical Branch in Galveston, graduating with top honors. He was then accepted into an extremely competitive six-year integrated plastic surgery program at Penn State. After graduating as Chief Resident, he worked as a clinical professor at the University of Iowa for three years and has had additional surgery training in Brazil.
To quote a recent review, "Albright, Albright, Albriiiiight..the Matthew McConaughey of surgeons! And by that I mean an all around amazing human being who whole heartedly cares about each and every client…Let me just start by saying if I could give this practice a million stars I would!
A leading board-certified plastic surgeon, Dr. Albright consistently delivers life-changing plastic surgery experiences and outcomes for his patients. Alamo Plastic Surgery specializes in breast augmentation, breast lift, tummy tuck, and mommy makeovers. Our mission is to provide incredible results through patient education, empowerment, and exceptional surgical techniques.
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SOURCE Alamo Plastic Surgery | https://www.wibw.com/prnewswire/2022/08/16/alamo-plastic-surgery-voted-1-best-cosmetic-surgery-two-years-row/ | 2022-08-16T14:41:48Z |
WATCH: Man fends off pet emu with pool noodle
(CNN) - A Texas man has weaponized the pool noodle to fend off his 5-year-old pet emu named Cosmo, who has gotten protective since becoming a new father.
Toby and Michelle Wilson have had two pet emus since they hatched five years ago.
“They were our babies. She would put sock diapers on them. They would run around inside,” Toby Wilson said.
But since the birds had their own baby a few months ago, father Cosmo has gotten protective and aggressive. He seems OK with Michelle Wilson but often charges her husband, especially when he’s on his riding lawnmower.
“I turn my back, and wham, he bites me right on top of the head. And it hurts pretty good,” Toby Wilson said.
He uses a pool noodle to fend off Cosmo, but it takes twice as long to mow the pasture, due to the constant jousting between man and emu.
Even on foot, Toby Wilson has to keep looking over his shoulder, and he carries the pool noodle everywhere.
“Oh, I tell him, I say, ‘Look, bird, you better get away. Don’t do it. Don’t do it. I’m going to give you the noodle,’” he said.
Things escalated when Michelle Wilson made her husband a hat with a pool noodle attached, hoping the emu would be deterred by seeing something sticking out of the man’s head.
“I took a pool noodle, cut it in half and just hot-glued it to a cowboy hat,” she said.
The hat didn’t help, but the couple’s videos have been a hit on TikTok, where Toby Wilson says lots of commenters complain about his poor mowing technique.
For now, the pool noodle seems to be the only thing that stands between Toby Wilson mowing his lawn and getting mowed down by his pet emu.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/15/watch-man-fends-off-pet-emu-with-pool-noodle/ | 2022-06-15T08:34:14Z |
LAS VEGAS (AP) — Saul “Canelo” Álvarez remains supremely confident as he moves back up to the heaviest weight of his career for another hefty challenge.
Álvarez (57-1-2, 39 KOs) is favored to take the WBA 175-pound title from unbeaten Dmitry Bivol on Saturday night at T-Mobile Arena on the Las Vegas Strip.
The pound-for-pound superstar has fought at light heavyweight only once previously in his career, taking out a past-his-prime Sergey Kovalev in late 2019. With victories over practically every established opponent at super middleweight, the division in which he became the undisputed champion last year, Álvarez is eager to take on the larger, rangier Bivol (19-0, 11 KOs) to add another achievement to his overflowing collection.
“I like this kind of challenge, because I want to make history,” Álvarez said. “This kind of challenge is going to put me at the top in the history of boxing. I feel alive when I have this kind of challenge. I respect the boxing skill of Dmitry Bivol, but it is my time. I feel like I’m in my prime. I enjoy this kind of moment.”
Bivol presents a much stiffer challenge than Kovalev did to Canelo. The Kyrgyzstan-born Russian champion has held a version of his belt since May 2016, making several title defenses against a litany of top 175-pounders.
Bivol has never fought an opponent of Álvarez’s caliber, but he welcomes the lucrative opportunity to test his skills against arguably the world’s most accomplished active fighter.
“I’m really glad that I got this opportunity,” Bivol said through a translator. “I’ve asked my team for many years to fight the best guys, and now I’ve got this fight. I had a long journey to get to here, and now I just want to do my job.”
Bivol is several inches taller than Álvarez, and his superior reach will present difficulties for Canelo to overcome. Álvarez has excelled against taller opponents before, most recently in his patient, systematic dismantling of Caleb Plant last November to become the first undisputed super middleweight world champion.
Bivol could use his size and reach, combined with his excellent technical skills and effective jab, to keep Álvarez at a distance, perhaps even wearing down the durable star. Álvarez has occasionally been slowed by opponents with strong jabs — but other than Floyd Mayweather, no opponent has been able to turn that success into a victory.
Álvarez says he sees similarities between Bivol and Gennady Golovkin, the middleweight king who fought Canelo to a disputed draw and a narrow victory for Álvarez in their first two bouts. Álvarez and Golovkin are expected to meet again later this year.
But first, Álvarez wants to solve another puzzle presented by an opponent who looks like a significant challenge on paper — even if anyone who has watched Álvarez knows he always meets these challenges splendidly.
“The only thing I want is bring a really good fight,” Álvarez said. “He’s very confident, and I’m very confident.”
___
More AP boxing: https://apnews.com/hub/boxing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/canelo-is-confident-before-light-heavyweight-bout-with-bivol/ | 2022-05-07T13:27:43Z |
Bioretec Ltd Inside information 9 September 2022 at 1.00 p.m. EET
"CORRECTION: Bioretec Ltd released a company announcement on 8 September 2022 at 5.00 p.m. EET. The announcement was missing information that it included inside information. The information that the annoucement includes inside information has been added to this corrective announcement on the basic data row. Additionally, the missing information on certified advisor contact information has been added into this corrective announcement."
TAMPERE, Finland, Sept. 9, 2022 /PRNewswire/ -- The European Patent Office has announced to approve Bioretec Oy's hybrid composite material patent application EP3782657A1 and will grant and publish the patent after the Company's confirmation.
Approved patent concerns magnesium-based reinforced composite material, i.e., hybrid composite. The patent also includes the usage of the hybrid composite material in the manufacturing of a medical device or a part of such a device.
The patented hybrid composite material will be used in those products of Bioretec's RemeOs™ product family that require very high load-bearing capacity. Targeted applications include intramedullary nails in the long bones of the upper and lower extremities and implants for spinal fusion. The hybrid composite material biodegrades in the body similarly as the RemeOs™ magnesium alloy material and is replaced by bone while promoting fracture healing, thus eliminating the need for implant removal surgery.
The patent application process for the hybrid composite material in regions outside of Europe continues based on the international PCT patent application WO2021032882A1, and the Company will inform about patent approvals in other regions as the application process progress.
Further enquiries
Timo Lehtonen, CEO, p. +358 50 433 8493
Johanna Salko, CFO, p. +358 40 754 8172
Certified Adviser: Nordic Certified Adviser AB, tel. +46 70 551 67 29
Information about Bioretec
Bioretec is a globally operating Finnish medical device company that continues to pioneer the application of bioresorbable orthopedic implants. The company has built unique competencies in the biological interface of active implants to enhance bone growth and accelerate fracture healing after orthopedic surgery. The products developed and manufactured by Bioretec are used worldwide in approximately 40 countries.
Bioretec is developing the new RemeOs™ product line based on a magnesium alloy and hybrid composite, introducing a new generation of strong bioresorbable materials for enhanced surgical outcomes. The RemeOs™ implants are resorbed and replaced by bone, which eliminates the need for removal surgery while facilitating fracture healing. The combination has the potential to make titanium implants redundant and help clinics reach their Value-Based Healthcare targets while focusing on value for patients through efficient healthcare. With the U.S. and EU market authorization for the first RemeOs™ product expected in 2022, Bioretec is positioning itself to enter the addressable USD 7 billion global orthopedic trauma market and become a game changer in surgical possibilities.
Better Healing - Better Life. www.bioretec.com.
This information was brought to you by Cision http://news.cision.com
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SOURCE Bioretec | https://www.mysuncoast.com/prnewswire/2022/09/09/correction-bioretecs-hybrid-composite-patent-has-been-approved-europe/ | 2022-09-09T10:57:21Z |
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