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Former Newsela Product Executive Will Drive Innovation for the Instructure Learning Platform
SALT LAKE CITY, June 17, 2022 /PRNewswire/ -- Instructure, the maker of Canvas, today announced that Shiren Vijiasingam has been named the company's new chief product officer, effective June 20th. Vijiasingam will play a pivotal role in building the Instructure Learning Platform and driving growth through product adoption. As the company delivers on its core mission of elevating student success, amplifying the power of teaching, and inspiring everyone to learn together, his vision and focus on innovation in education technology will be instrumental.
Shiren steps into a role that Mitch Benson filled for close to eight years and will continue to make great impacts as our Chief Strategy Officer overseeing global strategy for both Higher Ed and K-12. Mitch led the product function during a critical period of growth and now leads a new team focused on delivering a unified vision to support Instructure's major growth initiatives including corporate development, M&A, and partnerships alongside the work Vijiasingam will be doing on product.
Vijiasingam joins Instructure with over two decades of product experience and more than ten years in education technology. He previously served as Chief Product Officer, both at Newsela, a K-12 content platform and General Assembly, the pioneer of career transformation education.
"Shiren's customer-centric approach to product development will ensure that we drive innovation in Canvas and Instructure's other core products as we enhance our broader solution strategy," said Steve Daly, CEO of Instructure. "His data-driven approach to product development and track record of discovering winning solutions will accelerate our strategy as we enter a stage of hyper growth."
At Newsela, Vijiasingam led the launch of 3 new product lines driving double-digit revenue growth. As the pandemic impacted educational institutions, he was the architect of the product-led growth strategy that culminated in the signing of the largest districts in the company's history. Additionally, he drove M&A strategy and oversaw the release of new content forms including interactive videos and ready-to-teach lessons. Under Vijiasingam's leadership, the company saw peak weekly usage growth every year, even in post-pandemic years.
While leading the product function at General Assembly, Vijiasingam and his team built a digital product experience that improved user engagement, drove exponential revenue growth, and increased renewals, which contributed to the company's sale to staffing firm Adecco in 2018. He also helped lead General Assembly's software-led shift from a solely consumer-focused retail business to enterprise SaaS products and services.
"I'm excited to join Instructure and their talented, mission-driven team, to pursue their goal to empower educators and reach learners with highly-engaging experiences," said Vijiasingam. "The company is perfectly positioned to further disrupt the industry through the addition of transformational new products to its powerful Instructure Learning Platform."
Instructure (NYSE: INST) is an education technology company dedicated to elevating student success, amplifying the power of teaching, and inspiring everyone to learn together. Today the Instructure Learning Platform supports tens of millions of educators and learners around the world. Learn more at www.instructure.com.
This press release contains "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the potential, timing, and examples of any strategic alternatives. These statements are not guarantees of future performance, but are based on management's expectations as of the date of this press release and assumptions that are inherently subject to uncertainties, risks, and changes in circumstances that are difficult to predict. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements. Important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include the risk factors described in the Company's initial public offering prospectus filed with the Securities and Exchange Commission (the "SEC") on July 23, 2021, and other documents filed with the SEC and could cause actual results to vary from expectations. All information provided in this press release is as of the date hereof and Instructure undertakes no duty to update this information except as required by law.
Brian Watkins
Corporate Communications
Instructure
801-610-9722
brian.watkins@instructure.com
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SOURCE Instructure | https://www.wibw.com/prnewswire/2022/06/17/instructure-names-shiren-vijiasingam-chief-product-officer/ | 2022-06-17T11:47:52Z |
MONTREAL, Aug. 5, 2022 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced its financial and operating results for the second quarter of fiscal year 2022, which ended on June 30, 2022. Lion reports its results in U.S. dollars and in accordance with International Financial Reporting Standards ("IFRS").
- Delivery of 105 vehicles, an increase of 44 vehicles, as compared to the 61 delivered in the same period last year.
- Revenue of $29.5 million, up $12.8 million, as compared to $16.7 million in Q2 2021.
- Gross loss of $3.5 million, as compared to a gross profit of $0.9 million in Q2 2021.
- Net earnings of $37.5 million, as compared to a net loss of $178.5 million in Q2 2021. Net earnings for Q2 2022 include a $56.9 million gain related to non-cash decrease in the fair value of share warrant obligations and a $3.4 million charge related to non-cash share-based compensation, compared to a $99.3 million charge related to non-cash increase in the fair value of share warrant obligations, $54.8 million charge related to non-cash share-based compensation, and $13.7 million of transaction costs included in net loss for Q2 2021.
- Adjusted EBITDA[1] of negative $14.4 million, as compared to negative $5.5 million in Q2 2021, after mainly adjusting for certain non-cash items such as change in fair value of share warrant obligations and share-based compensation.
- Capital expenditures, which included expenditures related to the Joliet Facility and the Lion Campus, amounted to $44.3 million, up $41.0 million, as compared to $3.3 million in Q2 2021.
- Additions to intangible assets, which mainly consist of R&D activities, amounted to $24.6 million, up $13.9 million, as compared to $10.7 million in Q2 2021.
- Establishment of cross-border $125 million "at-the-market" equity program ("ATM Program").
- More than 700 vehicles on the road, with over 10 million miles driven.
- Vehicle order book[2] of 2,357 all-electric medium- and heavy-duty urban vehicles as of August 4, 2022, consisting of 286 trucks and 2,071 buses, representing a combined total order value of approximately $575 million based on management's estimates.
- LionEnergy order book2 of 226 charging stations and related services as of August 4, 2022, representing a combined total order value of approximately $3.0 million.
- 12 Experience Centers in operation in the United States and Canada.
- Installation of assembly stations continued at the Joliet Facility in the quarter and manufacturing of Lion C units (for working stations set up and employees training purposes) began. In order to accelerate return on investment, the Company decided to review the cadence of its initial ramp up of production capacity at the Joliet Facility to align it further with projected deliveries and to initially focus on bus production.
- The building shell for the battery plant building is substantially completed. For the Innovation center, the foundation work has been completed and the steel structure is 90% completed. The Company's prototype battery packs are currently undergoing testing and certification and engineering design for one version of the packs and module line has been finalized. Lion continues to expect the certification of packs, factory acceptance of production equipment at JR Automation's facility, and production of packs in Mirabel to take place prior to the end of 2022. Site acceptance of production equipment in Mirabel is expected to be completed near the beginning of 2023.
- The Company has elected to implement configuration changes to certain vehicles to increase quality and performance, improve manufacturing efficiencies, and optimize the development of new models. Such measures have mainly resulted in the temporary suspension of commercial production and the projected delivery of the LionA.
- As of August 4, 2022, Lion had approximately 1,300 employees, of which over 300 were in its Engineering and R&D departments.
"We are pleased with our Q2 performance, as in spite of ongoing supply-chain challenges, for the third quarter in a row, we delivered a record number of vehicles in the history of Lion," commented Marc Bedard, CEO – Founder of Lion. "As we are nearing the start of operations at our U.S. manufacturing facility and our battery plant, we also decided to adjust the cadence of our capital spend. This will enable us to accelerate return on investment and optimally manage our capital resources", concluded Marc Bedard.
For the three months ended June 30, 2022, revenue amounted to $29.5 million, an increase of $12.8 million compared to $16.7 million for the three months ended June 30, 2021. The increase in revenue was primarily due to an increase in vehicle sales volume of 44 units, from 61 units (48 school buses and 13 trucks; 41 vehicles in Canada and 20 vehicles in the U.S.) for the three months ended June 30, 2021, to 105 units (90 school buses and 15 trucks; 91 vehicles in Canada and 14 vehicles in the U.S.) for the three months ended June 30, 2022. Revenues for the three months ended June 30, 2022 were impacted by continuing global supply chain challenges, which required the Company to delay the final assembly of certain vehicles and resulted in increased inventory levels.
For the six months ended June 30, 2022, revenue amounted to $52.2 million, an increase of $29.3 million compared to $22.9 million for the six months ended June 30, 2021. The increase in revenue was primarily due to an increase in vehicle sales volume of 104 units, from 85 units (66 school buses and 19 trucks; 63 vehicles in Canada and 22 vehicles in the U.S.) for the six months ended June 30, 2021, to 189 units (162 school buses and 27 trucks; 171 vehicles in Canada and 18 vehicles in the U.S.) for the six months ended June 30, 2022. Revenues for the six months ended June 30, 2022 were impacted by continuing global supply chain challenges, which required the Company to delay the final assembly of certain vehicles and resulted in increased inventory levels.
For the three months ended June 30, 2022, cost of sales amounted to $33.0 million, representing an increase of $17.2 million, compared to the three months ended June 30, 2021. For the six months ended June 30, 2022, cost of sales amounted to $56.5 million, representing an increase of $32.7 million, compared to the six months ended June 30, 2021. The increase for both periods was primarily due to increased sales volumes and higher production levels, increased fixed manufacturing and inventory management system costs related to the ramp-up of production capacity for future quarters, and the impact of continuing global supply chain challenges.
For the three months ended June 30, 2022, gross profit decreased by $4.4 million to negative $3.5 million, compared to positive $0.9 million for the three months ended June 30, 2021. For the six months ended June 30, 2022, gross loss decreased by $3.5 million to negative $4.4 million, compared to negative $0.9 million for the six months ended June 30, 2021. The decrease in gross profit for both periods included the positive gross profit impact of increased sales volumes, mainly offset by the impact of increased fixed manufacturing and inventory management system costs related to the ramp-up of production capacity for future quarters, and the impact of continuing global supply chain challenges.
For the three months ended June 30, 2022, administrative expenses decreased by $38.3 million from $50.0 million for the three months ended June 30, 2021, to $11.7 million. Administrative expenses for the three months ended June 30, 2022 included $2.6 million of non-cash share-based compensation, compared to $44.8 million for three months ended June 30, 2021. Excluding the impact of non-cash share-based compensation, administrative expenses increased from $5.2 million for the three months ended June 30, 2021 to $9.1 million for the three months ended June 30, 2022
For the six months ended June 30, 2022, administrative expenses decreased by $33.6 million from $56.3 million for the six months ended June 30, 2021, to $22.7 million. Administrative expenses for the six months ended June 30, 2022 included $5.3 million of non-cash share-based compensation, compared to $47.8 million for six months ended June 30, 2021. Excluding the impact of non-cash share-based compensation, administrative expenses increased from $8.5 million for the six months ended June 30, 2021 to $17.4 million for the six months ended June 30, 2022. The increase was mainly due to an increase in expenses as a result of Lion becoming a public company in May 2021, an increase in expenses resulting from the expansion of Lion's head office capabilities in anticipation of an expected increase in business activities, as well as professional fees related to supply chain and strategic project optimization initiatives.
For the three months ended June 30, 2022, selling expenses decreased by $6.6 million, from $13.3 million for the three months ended June 30, 2021, to $6.7 million. Selling expenses for the three months ended June 30, 2022 included $0.8 million of non-cash share-based compensation, compared to $10.0 million for three months ended June 30, 2021. Excluding the impact of non-cash share-based compensation, selling expenses increased from $3.3 million for the three months ended June 30, 2021 to $5.9 million for the three months ended June 30, 2022. The increase was primarily due to Lion expanding its sales force in anticipation of the ramp-up of production capacity, and an increase in expenses as a result of the opening and operations of new Experience Centers.
For the six months ended June 30, 2022, selling expenses decreased by $5.6 million, from $17.7 million for the six months ended June 30, 2021, to $12.1 million. Selling expenses for the six months ended June 30, 2022 included $1.8 million of non-cash share-based compensation, compared to $12.2 million for six months ended June 30, 2021. Excluding the impact of non-cash share-based compensation, selling expenses increased from $5.5 million for the six months ended June 30, 2021 to $10.3 million for the six months ended June 30, 2022. The increase was primarily due to Lion expanding its sales force in anticipation of the ramp-up of production capacity, and an increase in expenses as a result of the opening and operations of new Experience Centers.
Transaction costs of $13.7 million for the three and six months ended June 30, 2021 were related to the completion of the Company's business combination and plan of reorganization on May 6, 2021 pursuant to which Lion became a public company (the "Business Combination") and were mainly composed of legal, banking, and other professional fees.
For the three months ended June 30, 2022, finance costs (income) decreased by $3.8 million, from a cost of $3.0 million for the three months ended June 30, 2021, to income of $0.8 million. The decrease was driven primarily by lower interest expense on long-term debt, the non-recurrence of interest expense on convertible debt instruments and accretion expense on retractable common shares which were repaid on May 6, 2021, and the gain on derecognition of a financial liability related to previously acquired dealership rights, partially offset by an increase in interest costs related to lease liabilities. The gain on derecognition of the financial liability occurred as a result of the agreement with a private company relating to the previous acquisition of dealership rights in certain territories in the United States maturing on May 7, 2022.
For the six months ended June 30, 2022, finance costs decreased by $6.6 million, from $6.9 million for the six months ended June 30, 2021, to $0.3 million. The decrease was driven primarily by lower interest expense on long-term debt, the non-recurrence of interest expense on convertible debt instruments and accretion expense on retractable common shares which were repaid on May 6, 2021, and the gain on derecognition of a financial liability related to previously acquired dealership rights, partially offset by an increase in interest costs related to lease liabilities. The gain on derecognition of the financial liability occurred as a result of the agreement with a private company relating to the previous acquisition of dealership rights in certain territories in the United States maturing on May 7, 2022
Foreign exchange gains and losses relate primarily to the revaluation of net monetary assets denominated in foreign currencies to the functional currencies of the related Lion entities. Foreign exchange gain for the three months ended June 30, 2022, was $1.6 million compared to a loss of $0.1 million for the three months ended June 30, 2021, largely as a result of a weakening of the Canadian dollar relative to the US dollar during the three months ended June 30, 2022, as compared to the three months ended June 30, 2021.
Foreign exchange gain for the six months ended June 30, 2022, was $0.7 million compared to a gain of $0.1 million for the six months ended June 30, 2021, largely as a result of a weakening of the Canadian dollar relative to the US dollar during the three months ended June 30, 2022, as compared to the three months ended June 30, 2021.
Share warrant obligations relate to the warrants issued to a specified customer in July 2020 and the public and private warrants issued as part of the closing of the Business Combination on May 6, 2021. Change in fair value of share warrant obligations resulted in a gain of $56.9 million for the three months ended June 30, 2022, compared to a charge of $99.3 million for the three months ended June 30, 2021, and resulted in a gain of $78.4 million for the six months ended June 30, 2022, compared to a charge of $99.2 million for the six months ended June 30, 2021. The gains for the three and six months ended June 30, 2022 result mainly from the decrease in the market price of Lion equity as compared to the previous valuations.
For the three months ended June 30, 2022, net earnings were $37.5 million, as compared to a net loss of $178.5 million for the three months ended June 30, 2021. The increase in net earnings (loss) for the three months ended June 30, 2022 compared to the three months ended June 30, 2021 was largely due to the gain related to the fair value of share warrant obligations, lower non-cash share-based compensation, and the non-recurrence of transaction costs incurred during the three months ended June 30, 2021, and lower finance costs, partially offset by the gross loss and higher administrative and selling expenses (excluding share-based compensation).
For the six months ended June 30, 2022, net earnings were $39.6 million, as compared to a net loss of $194.6 million for the six months ended June 30, 2021. The increase in net earnings (loss) for the three months ended June 30, 2022 compared to the six months ended June 30, 2021 was largely due to the gain related to the fair value of share warrant obligations, lower non-cash share-based compensation, the non-recurrence of transaction costs incurred during the six months ended June 30, 2021, and lower finance costs, partially offset by the gross loss and higher administrative and selling expenses (excluding share-based compensation).
Ms. Latasha Akoma and Mr. Dane L. Parker, Operating Partner at GenNx360 Capital Partner, and Retired Chief Sustainability Officer and Vice President, Sustainable Workplaces at General Motors, respectively, have been appointed to the Board of Directors of Lion as independent Directors.
Ms. Akoma, who is responsible for driving strong performance, operational efficiencies, and profitability across the GenNx portfolio companies, brings over 26 years of managerial experience in all aspects of manufacturing, operations, and business strategies.
Prior to joining GenNx360 Capital Partner, she held several executive leadership positions at Harley-Davidson Motor Company, a company she joined in 2009 as the Director of Operations, with responsibility for vehicle assembly and materials management. Prior to that, Ms. Akoma was a Senior Manager of Paint Operations at Chrysler (formerly DaimlerChrysler) where she held a variety of increasing senior leadership positions in operations and general management.
As General Motors' first Chief Sustainability Officer, Mr. Parker was a leading force behind the company's plan to become carbon neutral by 2040 and aspiration to have zero-emissions from all new light-duty vehicles by 2035. Mr. Parker also held global responsibilities for facility design, engineering, construction, operations, energy procurement and efficiency, real estate, environmental compliance, as well as workplace strategy.
Prior to General Motor, Mr. Parker was Vice President, Global Environment, Health and Safety, Facilities and Real Estate for Dell, Inc. He also spent more than 13 years at Intel Corporation in the Technology and Manufacturing organization in a variety of operational roles, including as Director of Global Environment, Health and Safety.
A conference call and webcast will be held on August 5, 2022, at 8:30 a.m. (Eastern Time) to discuss the results.
To participate in the conference call, dial (226) 828-7575 or (833) 950-0062 (toll free) using the Access Code 842480. An investor presentation and a live webcast of the conference call will also be available at www.thelionelectric.com under the "Events and Presentations" page of the "Investors" section. An archive of the event will be available for a period of time shortly after the conference call.
This release should be read together with our 2022 second quarter financial report, including the unaudited condensed interim consolidated financial statements of the Company as at and for the quarter ended June 30, 2022 and related management's discussion and analysis ("MD&A"), which will be filed by the Company with applicable Canadian securities regulatory authorities and with the U.S. Securities and Exchange Commission and which will be available on our website at www.thelionelectric.com.
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
As at June 30, 2022 and December 31, 2021
(Unaudited)
CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) AND COMPREHENSIVE EARNINGS (LOSS)
For the three and six months ended June 30, 2022 and 2021
(Unaudited)
CONSOLIDATED STATEMENTS OF CASH FLOWS
For the three and six months ended June 30, 2022 and 2021
(Unaudited)
This press release makes reference to Adjusted EBITDA, which is a non-IFRS financial measure, as well as other performance metrics, including the Company's order book, which are defined below. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of the Company's results of operations from management's perspective. Accordingly, they should not be considered in isolation nor as a substitute for analysis of the Company's financial information reported under IFRS. Lion compensates for these limitations by relying primarily on Lion's IFRS results and using Adjusted EBITDA and order book on a supplemental basis. Readers should not rely on any single financial measure to evaluate Lion's business.
Adjusted EBITDA
"Adjusted EBITDA" is defined as net earnings (loss) before finance costs, income tax expense or benefit, and depreciation and amortization, adjusted for share-based compensation, changes in fair value of share warrant obligations, foreign exchange (gain) loss and transaction and other non-recurring expenses. Adjusted EBITDA is intended as a supplemental measure of performance that is neither required by, nor presented in accordance with, IFRS. Lion believes that the use of Adjusted EBITDA provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing Lion's financial measures with those of comparable companies, which may present similar non-IFRS financial measures to investors. However, readers should be aware that when evaluating Adjusted EBITDA, Lion may incur future expenses similar to those excluded when calculating Adjusted EBITDA. In addition, Lion's presentation of these measures should not be construed as an inference that Lion's future results will be unaffected by unusual or non-recurring items. Lion's computation of Adjusted EBITDA may not be comparable to other similarly entitled measures computed by other companies, because all companies may not calculate Adjusted EBITDA in the same fashion. Readers should review the reconciliation of net earnings (loss), the most directly comparable IFRS financial measure, to Adjusted EBITDA presented by the Company under section 13.0 of the Company's MD&A for the three and six months ended June 30, 2022 entitled "Results of Operations - Reconciliation of Adjusted EBITDA."
Order Book
This press release also makes reference to the Company's "order book" with respect to vehicles (trucks and buses) as well as charging stations. The Company's vehicle and charging stations order book, expressed as a number of units or the amount of sales expected to be recognized in the future (at the applicable time of delivery) in respect of such number of units, is determined by management based on purchase orders that have been signed, orders that have been formally confirmed by clients or products in respect of which formal joint applications for governmental subsidies or economic incentives have been made by the applicable clients and the Company. The vehicles included in the vehicle order book as of August 4, 2022 provided for a delivery period ranging from a few months to the end of the year ending December 31, 2025. Substantially all deliveries are subject to the granting of subsidies and incentives with processing times that are subject to important variations, and there has been in the past and the Company expects there will continue to be variances between the expected delivery periods of orders and the actual delivery times, and certain delays could be significant. Such variances or delays could result in the loss of a subsidy or incentive and/or in the cancellation of certain orders, in whole or in part.
The Company's presentation of the order book should not be construed as a representation by the Company that the vehicles and charging stations included in its order book will translate into actual sales. See the section below for a full description of the methodology used by the Company in connection with the order book and certain important risks and uncertainties relating to such methodology and the presentation of the order book.
Order Book Methodology
General Principle
The Company's vehicle and charging stations order book, expressed as a number of units or the amount of sales expected to be recognized in the future (at the applicable time of delivery) in respect of such number of units, is determined by management based on purchase orders that have been signed, orders that have been formally confirmed by clients or products in respect of which formal joint applications for governmental subsidies or economic incentives have been made by the applicable clients and the Company. The vehicles included in the vehicle order book as of August 4, 2022 provided for a delivery period ranging from a few months to the end of the year ending December 31, 2025.
Substantially all deliveries are subject to the granting of subsidies and incentives with processing times that are subject to important variations, and there has been in the past and the Company expects there will continue to be variances between the expected delivery periods of orders and the actual delivery times, and certain delays could be significant. Such variances or delays could result in the loss of a subsidy or incentive and/or in the cancellation of certain orders, in whole or in part.
The Company's presentation of the order book should not be construed as a representation by the Company that the vehicles and charging stations included in its order book will translate into actual sales.
Delivery Periods
The Company's order book refers to products that have not yet been delivered but which are reasonably expected by management to be delivered within a time period that can be reasonably estimated and includes, in the case of charging stations, services that have not been completed but which are reasonably expected by management to be completed in connection with the delivery of the product.
Purchase orders and applications generally provide for a time period during which the client expects delivery of the vehicles. Such period can vary from a specific date, a number or range of months after the issuance of the order or application, or a calendar year. The vehicles included in the vehicle order book as of August 4, 2022 provided for a delivery period, subject to the satisfaction of the conditions set forth in each order (which, in substantially all cases as further discussed herein, relate to the approval of governmental subsidies and grants), ranging from a few months to the end of the year ending December 31, 2025. Delivery periods are disclosed from time to time by the Company when available in respect of material orders. Delivery periods should not be construed as a representation or a guarantee by the Company that the actual delivery time will take place as scheduled. Given the nature of the business and the products of the Company, the implied lead time for the production and delivery of a vehicle (which may be impacted, among other things, by supply chain challenges or changes in specifications), the nature of certain customers of the Company (in many cases, fleet owners operating capital intensive operations which require financing and ongoing scheduling flexibility), and the fact that, as further described herein, substantially all deliveries are subject to the granting of subsidies and incentives with processing times that are subject to important variations, there has been in the past and the Company expects there will continue to be variances between the expected delivery periods of orders and the actual delivery times, and certain delays could be significant. Such variances or delays could result in the loss of a subsidy or incentive and/or in the cancellation of certain orders, in whole or in part.
Pricing
When the Company's order book is expressed as an amount of sales, such amount has been determined by management based on the current specifications or requirements of the applicable order, assumes no changes to such specifications or requirements and, in cases where the pricing of a product or service may vary in the future, represents management's reasonable estimate of the prospective pricing as of the time such estimate is reported. A small number of vehicles included in the order book have a pricing that remains subject to confirmation based on specifications and other options to be agreed upon in the future between the applicable client and the Company. For purposes of the determination of the order book and the value allocated to such orders, management has estimated the pricing based on its current price lists and certain other assumptions relating to specifications and requirements deemed reasonable in the circumstances.
Performance Metric
The order book is intended as a supplemental measure of performance that is neither required by, nor presented in accordance with, IFRS, and is neither disclosed in nor derived from the financial statements of the Company. The Company believes that the disclosure of its order book provides an additional tool for investors to use in evaluating the Company's performance, market penetration for its products, and the cadence of capital expenditures and tooling.
The Company's computation of its order book may not be comparable to other similarly entitled measures computed by other companies, because all companies may not calculate their order book, order backlog, or order intake in the same fashion. In addition, as explained above, the Company's presentation of the order book is calculated based on the orders and the applications made as of the time that the information is presented, and it is not based on the Company's assessment of future events and should not be construed as a representation by the Company that the vehicles and charging stations included in its order book will translate into actual sales.
Ongoing Evaluation; Risk Factors
A portion of the vehicles or charging stations included in the Company's order book may be cancellable in certain circumstances (whether by reason of a delivery delay, unavailability of a subsidy or incentive or otherwise) within a certain period. Management reviews the composition of the order book every time it is reported in order to determine whether any orders should be removed from the order book. For purposes of such exercise, management identifies orders that have been or are reasonably likely to be cancelled and examines, among other things, whether conditions attaching to the order are reasonably likely to result in a cancellation of the order in future periods as well as any other available information deemed relevant, including ongoing dialogue with clients. Such exercise may result from time to time in orders that have previously been included in the order book being removed even if they have not been formally canceled by the client.
The Company cannot guarantee that its order book will be realized in full, in a timely manner, or at all, or that, even if realized, revenues generated will result in profits or cash generation as expected, and any shortfall may be significant. The Company's conversion of its order into actual sales is dependent on various factors, including those described below and in section 23.0 entitled "Risk Factors" of the Company's MD&A for the years ended December 31, 2021, 2020 and 2019 and in Item 3.D entitled "Risk Factors" of the Company's annual report on Form 20-F for the fiscal year ended December 31, 2021. For instance, a customer may default on an order, may become subject to bankruptcy or insolvency or cease its business operations. In addition, substantially all of the orders included in the order book are subject to conditions relating to the granting of governmental subsidies and incentives or the timing of deliveries and, in a limited number of cases, the availability of certain specifications and options or the renewal of certain routes by governmental or school authorities. As a result, the Company's ability to convert its order book into actual sales is highly dependent on the granting and timing of governmental subsidies and incentives, most notably subsidies and incentives under the Quebec government's 2030 Plan for a Green Economy, under the Federal's Infrastructure Canada's Zero-Emission Transit Fund (ZETF), and under California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). The termination, modification, delay or suspension of any such governmental subsidies and incentives could result in delayed deliveries or the cancellation of all or any portion of such orders, which, in turn, could have a material and adverse effect on the Company's business, results of operations or financial condition.
The Company's conversion of its order book into actual sales is also dependent on its ability to economically and timely manufacture its vehicles, at scale. The Company delivered 196 vehicles during the year ended December 31, 2021, and 189 vehicles during the six months ended June 30, 2022. As of August 4, 2022, the Company's vehicle order book stood at 2,357 vehicles. The execution of the Company's growth strategy and the conversion of its order book will therefore require significant ramp-up in its production. While the Company's Saint-Jerome facility currently has an annual production capacity of 2,500 vehicles at full scale and it is in the process of establishing its operations at the Joliet Facility and the Lion Campus, the Company has limited experience to date in high volume manufacturing of its vehicles. In addition, as of August 4, 2022, 418 units included in the order book, representing a combined total order value of approximately $165 million, related to products which had been developed and were being sold, but that were not currently in commercial production. Any failure by the Company to successfully develop and scale its manufacturing processes within projected costs and timelines could have a material adverse effect on its business, results of operations or financial condition. As a result, the Company's realization of its order book could be affected by variables beyond its control and may not be entirely realized. See section 3.0 of this MD&A entitled "Caution Regarding Forward-Looking Statements". See section 3.0 of the Company's MD&A for the three months ended June 30, 2022 entitled "Caution Regarding Forward-Looking Statements".
RECONCILIATION OF ADJUSTED EBITDA
The following table reconciles net earnings (loss) to Adjusted EBITDA for the three and six months ended June 30, 2022 and 2021:
Lion Electric is an innovative manufacturer of zero-emission vehicles. The company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for the school, paratransit and mass transit segments. Lion is a North American leader in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies.
Always actively seeking new and reliable technologies, Lion vehicles have unique features that are specifically adapted to its users and their everyday needs. Lion believes that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life. Lion shares are traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol LEV.
This press release contains "forward-looking information" and "forward-looking statements" and within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements contained in this press release that are not statements of historical fact, including statements about Lion's beliefs and expectations, are forward-looking statements and should be evaluated as such.
Forward-looking statements may be identified by the use of words such as "believe," "may," "will," "continue," "anticipate," "intend," "expect," "should," "would," "could," "plan," "project," "potential," "seem," "seek," "future," "target" or other similar expressions and any other statements that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. These forward-looking statements include statements regarding the Company's order book and the Company's ability to convert it into actual sales, the Company's long-term strategy and future growth, the Company's battery plant and innovation center project in Quebec and its U.S. manufacturing facility, and the expected launch of new models of electric vehicles. Such forward-looking statements are based on a number of estimates and assumptions that Lion believes are reasonable when made, including that Lion will be able to retain and hire key personnel and maintain relationships with customers, suppliers and other business partners, that Lion will continue to operate its business in the normal course, that Lion will be able to implement its growth strategy, that Lion will be able to successfully and timely complete the construction of its U.S. manufacturing facility and its Quebec battery plant and innovation center, that Lion will not suffer any supply chain challenges or any material disruption in the supply of raw materials on competitive terms, that Lion will be able to maintain its competitive position, that Lion will continue to improve its operational, financial and other internal controls and systems to manage its growth and size, that its results of operations and financial condition will not be adversely affected, that Lion will be able to benefit, either directly or indirectly (including through its clients), from government subsidies and economic incentives in the future and that Lion will be able to secure additional funding through equity or debt financing on terms acceptable to Lion when required in the future. Such estimates and assumptions are made by Lion in light of the experience of management and their perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate and reasonable in the circumstances. However, there can be no assurance that such estimates and assumptions will prove to be correct.
By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Lion believes that these risks and uncertainties include, but are not limited to, the following: any adverse changes in U.S. or Canadian general economic, business, market, financial, political or legal conditions, including as consequences of the global COVID-19 pandemic and the emergence of COVID-19 variants; any adverse effects of the Russia-Ukraine war, which continues to affect economic and global financial markets and exacerbate ongoing economic challenges; any inability to successfully and economically manufacture and distribute its vehicles at scale and meet its customers' business needs; any inability to ramp-up the production of Lion's products and meet project construction and other project timelines; any unfavorable fluctuations and volatility in the price and availability of raw materials included in components used to manufacture Lion's products; any inability to reduce total cost of ownership of electric vehicles sold by Lion over time; the reliance on key management and any inability to attract and/or retain key personnel; any inability to execute the Company's growth strategy; the reliance on key suppliers and any inability to maintain an uninterrupted supply of raw materials; labor shortages (including as a result of employee turnover, departures, and demands for higher wages) which may force the Company to operate at reduced capacity, to lower its production and delivery rates or lower its growth plans, and could pose additional challenges related to employee compensation; any inability by Lion to meet the expectations of its customers in terms of products, specifications, and services; any inability to maintain the Company's competitive position; any inability to reduce its costs of supply over time; any inability to maintain and enhance the Company's reputation and brand; any significant product repair and/or replacement due to product warranty claims or product recalls; any failure of information technology systems or any cybersecurity and data privacy breaches or incidents; any event or circumstance resulting in the Company's inability to convert its order book into actual sales, including the reduction, elimination or discriminatory application of government subsidies and economic incentives; any inability to secure adequate insurance coverage or a potential increase in insurance costs; natural disasters, epidemic or pandemic outbreaks, boycotts and geo-political events such as civil unrest and acts of terrorism, the current military conflict between Russia and Ukraine or similar disruptions; and the outcome of any legal proceedings that may be instituted against the Company from time to time.
These and other risks and uncertainties related to the businesses of Lion are described in greater detail in section 23.0 entitled "Risk Factors" of the Company's annual MD&A for the fiscal year 2021. Many of these risks are beyond Lion's management's ability to control or predict. All forward-looking statements included in this press release are expressly qualified in their entirety by the cautionary statements contained herein and the risk factors included in the Company's annual MD&A for the fiscal year 2021 and in other documents filed with the applicable Canadian regulatory securities authorities and the Securities and Exchange Commission.
Because of these risks, uncertainties and assumptions, readers should not place undue reliance on these forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. Except as required under applicable securities laws, Lion undertakes no obligation, and expressly disclaims any duty, to update, revise or review any forward-looking information, whether as a result of new information, future events or otherwise.
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SOURCE Lion Electric | https://www.mysuncoast.com/prnewswire/2022/08/05/lion-electric-announces-second-quarter-2022-results/ | 2022-08-05T10:44:03Z |
CAMBRIDGE, Mass. and ROTTERDAM, Netherlands and LOS ANGELES, May 16, 2022 /PRNewswire/ -- RadNet, Inc., (NASDAQ: RDNT) today announced that it has received FDA clearances for its DeepHeatlh Saige-DX™ mammography and Quantib® Prostate 2.0 MRI artificial intelligence ("AI") algorithms.
Saige-DX: AI Mammography Diagnostic Software
Saige-Dx, a more advanced successor to our FDA approved Saige-Q worklist triage software, is a cancer detection tool that enables radiologists to more effectively detect the presence or absence of breast cancer with the use of artificial intelligence. DeepHealth's powerful new AI technology automatically identifies suspicious lesions in mammograms and assigns a suspicion level to each finding and to the entire case. It helps detect and diagnose breast cancer earlier while reducing unnecessary recalls.
"In our study to support FDA clearance, all 18 radiologists who participated exhibited improved performance when using Saige-Dx, resulting in the largest increase in performance across all mammography AI products on the market to date. The improved performance was reflected in both an increase in the percentage of the cancers detected and a lower false positive rate when using Saige-Dx," said Bill Lotter, Ph.D., CTO, and co-founder of DeepHealth.
"Saige-Dx is built on our advanced deep-learning algorithms. Our highly accurate AI, as is described in a Nature Medicine article last year, showed the ability to find cancer one to two years earlier than fellowship-trained breast imaging radiologists. The approval of Saige-Dx represents another step forward in advancing cancer care. The feedback from physicians who have worked with our software tools is overwhelmingly positive, making them more accurate and efficient at interpreting mammography images," said Gregory Sorensen, M.D., CEO, and co-founder of DeepHealth.
Quantib® Prostate 2.0: An AI Powered Solution for Prostate MRI Reading and Reporting
Quantib® Prostate is an AI-based software solution that advances the MRI prostate reporting workflow and is accessible directly from the radiologist's reading station. The solution comes with a suite of tools to improve reporting quality and speed, including AI-based segmentations and volumetry, PSA density calculation, precise registration and movement correction, one-click segmentation of lesion candidates, PI-RADS scoring support, and standardized reporting to facilitate easy and comprehensive communication of results. FDA 510k special clearance has been given for a major upgrade to the solution (from release 1.3) that now includes fully automatic prostate zone segmentation (in addition to prostate gland segmentation) and automated initiation of localization of lesions on the PI-RADS sector map.
"We are delighted to present this update of Quantib® Prostate, including a selection of new features that our customers requested over the past few months. We seek to continuously improve our software to support radiologists and urologists in the best way possible, and we deliver updated solutions to our customers as quickly as possible," said Arthur Post Uiterweer, CEO of Quantib.
Dr. Howard Berger, President and Chief Executive Officer of RadNet, said, "We are very proud that two of our subsidiaries, DeepHealth and Quantib, have received FDA clearance for their flagship products. Artificial intelligence will have a transforming impact on radiology and cancer care, and we are committed to delivering those advances to patients and healthcare providers. These recent approvals will help us drive improved patient outcomes while lowering costs. The Biden administration, through its Cancer Moonshot program, is committed to significantly reducing the mortality rates from cancer in the coming decades. We believe that these AI tools will play an important role in the early detection and diagnosis of cancer, resulting in improved survival rates and better patient outcomes."
About RadNet, Inc.
RadNet, Inc. is the leading national provider of freestanding, fixed-site diagnostic imaging services in the United States based on the number of locations and annual imaging revenue. RadNet has a network of 351 owned and/or operated outpatient imaging centers. RadNet's markets include Arizona, California, Delaware, Florida, Maryland, New Jersey and New York. Together with affiliated radiologists, and inclusive of full-time and per diem employees and technicians, RadNet has a total of approximately 9,000 employees. For more information, visit http://www.radnet.com.
About DeepHealth, Inc.
DeepHealth, a wholly owned subsidiary of RadNet, Inc., uses machine learning to distill lifetimes of insights from medical experts into software to assist physicians. DeepHealth's mission is to enable the best care by providing products that clinicians and patients can trust, through rigorous science and clinical integration. DeepHealth has two FDA-cleared solutions focused on improving the accuracy and efficiency of interpreting mammograms. For more information, visit www.deep.health.
About Quantib
Quantib, a wholly owned subsidiary of Radnet, Inc., provides AI radiology solutions to enable faster and more accurate diagnosis by quickly identifying abnormalities, supporting adequate and timely patient care. Using state-of-the-art artificial intelligence technology, Quantib's software advances the diagnostic pathway by providing FDA-cleared and CE-marked solutions related to neurodegeneration and prostate cancer. All solutions are deployed through the Quantib AI Node platform, enabling seamless workflow integration and rapid regulatory clearance.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are expressions of our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, and anticipated future conditions, events and trends. Forward-looking statements can generally be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods.
Forward-looking statements are neither historical facts nor assurances of future performance. Because forward-looking statements relate to the future, they are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements.
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SOURCE RadNet | https://www.kxii.com/prnewswire/2022/05/16/radnet-artificial-intelligence-subsidiaries-deephealth-quantib-obtain-fda-clearance-mammography-prostate-ai-tools/ | 2022-05-16T10:55:05Z |
Meghan Markle pays respects to Texas school shooting victims
UVALDE, Texas (AP) — Meghan Markle, the Duchess of Sussex, made a visit to a memorial site for the victims of the deadly elementary school shooting in Texas.
Meghan placed white flowers tied with a purple ribbon at a memorial outside the Uvalde County Courthouse on Thursday. She paid her respects after a gunman killed 19 students and two teachers Tuesday at Robb Elementary School in Uvalde.
The Duchess of Sussex lives in California with her husband Prince Harry and their two children. She took the trip to Texas in a personal capacity as a mother to offer her condolences and support in person to a “community experiencing unimaginable grief,” according to her spokesperson.
Meghan left the flowers at the memorial site and stood with her arms crossed while she looked at the memorials.
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More on the school shooting in Uvalde, Texas: https://apnews.com/hub/school-shootings
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/27/meghan-markle-pays-respects-texas-school-shooting-victims/ | 2022-05-27T00:47:50Z |
Man exonerated after 33 years in prison is back behind bars
JACKSONVILLE, Fla. (WFOX/WJAX) - A man who was exonerated for a wrongful conviction after serving more than three decades behind bars has been jailed.
Authorities said Edward Taylor, after about a month of being exonerated, shot and injured a man. HIs bond is set at more than $1 million.
“This is the first time I’m tearing up, but I love Edward. And I might not ever see him again,” said Agnes Anderson, his mother. Her tireless work to clear her son’s name is now back to square one.
“It was just a beautiful thing that he was freed after so long, and we were all happy and celebrating. And then this,” Anderson said.
Police said Taylor shot a man last Friday night and then drove off. According to court documents, surveillance video shows a group of men fire back.
“He got out, and I don’t know if he took up with the wrong people that he started hanging around with or whatever,” she said.
The now 57-year-old was charged with sexual assault in 1986, but in 2019, Taylor was granted parole while the state attorney’s office investigated what turned into a case of mistaken identity.
The victim later revealed in court it was Taylor’s brother who committed the crime.
While he was officially freed from the suffering of his past, the trauma stuck around. He stopped seeing his therapist shortly before last Friday night’s shooting, Anderson said.
“I don’t know what was going through his mind, but I know he was in a lot of pain, mental pain. And I told him, ‘You really have got to go back to that therapist,’” she said.
The state said it stands by its decision to exonerate and will review this new arrest.
“My heart hurts for my son and I love him dearly. I want everybody to know I love my son,” Anderson said. “He is a good guy. Something threw him off.”
Copyright 2022 WFOX/WJAX via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/29/man-exonerated-after-33-years-prison-is-back-behind-bars/ | 2022-06-29T16:34:20Z |
PITTSBURGH, June 21, 2022 /PRNewswire/ -- "Many people require vision correction glasses and there is a growing population of people who require home oxygen and nasal cannula. I wanted to create a more comfortable way to wear glasses and support nasal cannula," said the inventor, from Dallas, Texas, "so I invented the NASAL CANNULA SUPPORT. My design would reduce stress on your ears and it provides secure placement of the nasal cannula for maximal effect."
The invention provides an improved way to support a nasal cannula when wearing eyeglasses. In doing so, it eliminates the common problems associated with the cannula and glasses sharing space behind the ear of the wearer. This unique design ensures that the cannula tubing remains properly in place using the frame of the prescription or stylish eyeglasses. The invention features an effective design that is easy to wear and use so it is ideal for hospital and home environments. It can be produced with many creative design variations while still maintaining the basic functionality.
The original design was submitted to the Houston sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-MHO-130, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/06/21/inventhelp-inventor-develops-way-wear-glasses-amp-support-nasal-cannula-mho-130/ | 2022-06-21T16:25:12Z |
NEW YORK, Aug. 30, 2022 /PRNewswire/ -- Numerix, the leader in capital markets risk management technology, today announced that it has been acquired by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries.
Founded in 1996, Numerix has over 19 offices, 225 clients and 90 partners across more than 26 countries. Numerix – which pioneered and is the leader of the multi-asset class pricing market – is recognized across the industry for its many breakthroughs in quantitative research.
Numerix is proud of its reputation for being able to price and manage risk for any derivative instrument – vanillas to the most sophisticated exotic products – in addition to the entire spectrum of fixed income securities.
"We are excited to begin the next phase of our future growth with our new partners at Genstar Capital. For over 20 years, we have worked tirelessly to provide the most sophisticated analytic and technology solutions available to capital market participants across the globe," said Steven O'Hanlon, Chief Executive Officer, and President of Numerix. "We've always had a clear vision for the organization. Together with Genstar and their long track record in the financial services and software industries, we look forward to expanding our footprint across the entire value chain in the front-to-risk market providing even greater value to our customers."
Tony Salewski, Managing Director of Genstar, said, "Numerix has built a premier reputation as an innovative company with leading analytics and workflow solutions in the front-to-risk market. Our partnership with Steven and the Numerix management team will supplement their strong organic growth with strategic acquisitions that expand the company's significant value proposition."
Scott Niehaus, Director of Genstar, added, "Numerix is capitalizing on several macro tailwinds including the digital transformation of capital markets, continued complex regulatory requirements and substantial market volatility across asset classes and geographies. We are excited about the partnership with the Numerix management team as they help new and existing customers navigate these challenges."
Designed for the next evolution of institutional trading and risk operations, Numerix shaped, defined and is the leader of a new market – front-to-risk – with its cloud native, real-time and analytically consistent product offerings. Since 2018, Numerix's mission critical technology supports decision making from pre-trade price discovery through XVA trading, market and counterparty credit risk management across all asset classes. Its award-winning software is utilized across the spectrum of capital market institutions including banks, broker dealers as well as a range of buy-side institutions, including insurance firms, hedge funds, pension funds and asset managers.
Jefferies LLC served as financial advisor and Davis Polk & Wardwell LLP served as legal counsel to Numerix. RBC Capital Markets served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Genstar. Additional terms of the transaction are not disclosed.
About Numerix
Numerix (www.numerix.com) is the leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. Numerix is dedicated to driving a more open, fintech-oriented, digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability.
About Genstar Capital
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $35 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrials, and software industries.
Numerix Contact:
Jim Jockle
Executive Vice President, Chief Marketing Officer
Phone: 646-898-1263
Email: jjockle@numerix.com
Genstar Contact:
Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
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SOURCE Genstar Capital | https://www.kxii.com/prnewswire/2022/08/30/numerix-announces-acquisition-by-genstar-capital/ | 2022-08-30T14:56:15Z |
Leading Supplier of Highly Engineered, Complex and Advanced Components and Sub-Systems Business Becomes Sixth Firm to Integrate into Accurus Aerospace Platform
CHARLESTON, S.C. and TULSA, Okla. and BRISBANE, Australia, April 11, 2022 /PRNewswire/ -- Liberty Hall Capital Partners ("Liberty Hall"), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, announced today the acquisition of Ferra Holdings Limited ("Ferra") by Accurus Aerospace Corporation ("Accurus"), a leading global supplier of highly engineered structural parts, complex assemblies and electromechanical subsystems to the global aerospace industry focused on the highest value and fastest growing commercial, business jet, military aerospace and space platforms. Terms of the transaction were not disclosed.
"The acquisition of Ferra is highly strategic and transformational for Accurus," said Rowan Taylor, Liberty Hall's founding and Managing Partner. "The combination creates a truly global, more diversified and balanced business with expanded capabilities allowing us to better serve all of our customers – whether commercial aerospace, military aerospace or space customers – across the globe."
Robert Kirkpatrick, President and CEO of Accurus, said: "The acquisition of Ferra expands our complex and advanced manufacturing capabilities, extends our geographic presence and creates greater end market, customer and platform balance. The 'new' Accurus is a highly differentiated aerospace supplier with a global manufacturing footprint and strategic relevance to our customers and serves as a partner of choice for complex and advanced manufacturing work statements."
Brisbane, Australia-based Ferra is a leading global provider of highly engineered, complex and advanced components, sub-systems and assemblies for the military aerospace and commercial aerospace end markets and serves as a strategic supplier to several key industry original equipment manufacturers as well as the Australian Department of Defence. Founded in 1992, Ferra operates four manufacturing facilities located in Australia, the United States and India with approximately 200 employees. Ferra's largest customers are The Boeing Company and Lockheed Martin, and its largest platforms are the F-35 Joint Strike Fighter and the Ghost Bat (formerly known as the Loyal Wingman).
Ferra's existing management team, led by Managing Director Aaron Thompson, will remain in their roles following the acquisition. "We are incredibly proud of what we have accomplished over our thirty-year history, and we are excited to partner with Accurus in order to accelerate growth across our core business areas," said Mr. Thompson. "We look forward to leveraging Accurus's resources, relationships and manufacturing excellence to continue to expand sovereign supply chain capability within Australia, better serve our strategic partners, including the Australian Department of Defence, and further penetrate the military aerospace and space end markets," he added.
Lazard served as financial advisor and equity placement agent to Liberty Hall and Accurus. Equity financing was provided by funds managed by Oaktree Capital Management, L.P. and Northleaf Capital Partners. Legal advice to Liberty Hall and Accurus was provided by Gibson Dunn & Crutcher, MintnerEllison and Schulte Roth & Zabel.
Friday Capital served as financial advisor to Ferra and the seller. Legal advice was provided by Corrs Chambers Westgarth, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. and Osborne Clarke.
About Liberty Hall Capital Partners
Liberty Hall Capital Partners is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry. Liberty Hall's principals have a 25-plus year history of working together and have led the investment of over $2.5 billion in equity capital in over 25 businesses serving multiple segments of the aerospace and defense industry. Liberty Hall was founded in July 2011 as the first, and remains the only, private equity firm focused solely on investments in middle market businesses serving the aerospace and defense industry. Liberty Hall executes a proven and repeatable investment strategy designed to transform middle market businesses into larger, more capable and diverse strategic assets. For more information, please visit http://www.libertyhallcapital.com/.
About Accurus Aerospace Corporation
Accurus Aerospace Corporation is a leading global supplier of highly engineered structural parts, complex assemblies and electromechanical subsystems to the global aerospace industry focused on the highest value and fastest growing commercial, business jet, military aerospace and space platforms. Accurus was formed in November 2013 by Liberty Hall Capital Partners and has since completed six acquisitions, including Precise Machining & Manufacturing (2013), McCann Aerospace Machining (2014), LaCroix Industries (2015), J&M Machine (2016), ZTM (2016) and Ferra Holdings. Accurus operates eight manufacturing facilities located in the United States, Australia and India and possesses highly complementary capabilities that allows the company to deliver its products to its customers with optimal cost, quality and delivery. For more information, please visit https://www.accurusaero.com/.
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SOURCE Liberty Hall Capital Partners | https://www.wibw.com/prnewswire/2022/04/11/liberty-hall-capital-partners-acquires-ferra-holdings-limited/ | 2022-04-11T12:28:24Z |
- World's first pure-electric hyper GT enters series production in a dedicated space in the heart of Automobili Pininfarina's design, engineering and development hub in Cambiano, Italy
- The Battista Atelier space has been meticulously revamped for the hand-crafting of Battista, now featuring a dedicated commissioning lounge for prospective owners
- Every Battista receives up to 1,340 hours of hand-crafting to achieve each client's unique vision, as part of an immersive and collaborative experience with Automobili Pininfarina's designers
- Producing more than 1,900 PS and 2,340 Nm torque, Battista is the most powerful Italian sports car in history. No more than 150 pieces will be commissioned and built for clients worldwide
- Per Svantesson, Automobili Pininfarina CEO said: "The Battista hyper GT is the realisation of a dream, which began with design icon Battista 'Pinin' Farina's ambition to create a beautiful car bearing only the Pininfarina name. We are proud to have achieved that goal and in doing so, we lead a movement into an exciting new luxury era, where design purity and a focus on sustainable innovations will shape a series of incredible new vehicles from Automobili Pininfarina."
- The first series production Battista to be crafted at the new Atelier is captured in Monaco during its debut client test experience before heading to the prestigious Monterey Car Week in August
- Video on the new Battista Atelier space in Cambiano, Italy: youtu.be/PFkAfCSZ0kk
- Image pack and film link
CAMBIANO, Italy and MUNICH, Germany, July 13, 2022 /PRNewswire/ -- Production of Battista, the world's first pure-electric hyper GT, has begun in a dedicated new Atelier space in Cambiano, Italy. Located in the Piemonte region of Italy, this milestone represents an exciting chapter in the development story of new Italian luxury carmaker Automobili Pininfarina and will be further celebrated when the first series production Battista makes its appearance at Monterey Car Week in August.
The award-winning Battista is now being hand-crafted by a team of artisans in the bespoke 2,300 square metre facility, with no more than 150 to be created over its lifecycle. Owners of Battista can look forward to world-class customer service through 25 experienced luxury partners in the Automobili Pininfarina global retailer network, as well its own team of Client Relations specialists.
Per Svantesson, Automobili Pininfarina CEO, said: "I am proud to lead the team responsible for bringing the award-winning Battista to life as a production car. Since launching Automobili Pininfarina in Rome in 2018, we have developed a team of 118 experts, drawn from 20 nations worldwide. This diverse 'family' is now established in both our Munich Headquarters and in our northern Italy home where a growing team of designers, engineers and vehicle development specialists envision ground-breaking vehicles of the future.
"This great family has overcome significant challenges in recent years by maintaining a laser focus on delighting Battista owners. The delivery of Battista this year marks a leap in the advancement of automotive design and technology, and I am sure owning one will be rewarding and remarkable in equal measure."
CONTEMPORARY CRAFT: BUILDING THE BATTISTA
One member of the diverse Automobili Pininfarina family is Andrea Novello, Director of Production. Novello's grandfather was employed in the same facility several decades ago, yet his learnings and techniques continue to be deployed in the crafting of Battista.
Andrea Novello said: "The Battista Atelier is evocative, surrounded by history and inspiration in a facility that's been refurbished to accommodate the assembly of the most powerful car to ever be created in Italy. Here we blend the most technically advanced components, materials, and quality assurance processes to ensure Battista ownership is as thrilling as the driving experience it offers."
The Battista Atelier is split into 14 production and quality assurance zones. Using modern technologies – such as multiple new, bespoke mounting rigs across the Atelier – and more traditional processes and tools, such as highly accurate pneumatic screwdrivers recommissioned for detailed fittings for Battista, the construction process respects the facility's coachbuilding heritage.
From start to finish, assembly of each Battista takes 10 weeks, while the hand-painted finish of the Battista Anniversario requires an extended 18-week schedule. Each individual Battista is assembled by 10 craftspeople, taking more than 1,250 hours. The bespoke design features and finish of the exclusive Battista Anniversario extends this up to 1,340 hours.
The Battista's rolling chassis, comprising electric powertrain, T-shaped battery, carbonfibre monocoque and all electrical systems, enters the first zone for evaluation against Automobili Pininfarina's strict quality standards. Its status is recorded here. This is the first of many electronically managed gates Battista must pass through as it makes its way through Cambiano.
The Battista begins to take shape as the primed Body-in-White is then bonded with the monocoque. With its 'Goccia' roof enclosing the cabin, the Battista gains structural strength and rigidity. Mounted on another bespoke rig, this two-day process measures and records every dimension and parameter to the finest tolerances in a measurement area that has featured in the successful creation of special vehicles for 20 years in the centre of the facility. The body is then dismounted from the chassis in preparation to move to a dedicated paint facility.
The standard paint cycle takes three to four weeks, using a new paint compound with a multi-layer metallic finish, in one of 28 colours inspired by the Piemonte region of Italy – the heartland of Automobili Pininfarina. Each panel is fitted to another bespoke rig to ensure perfect colour matching. While the exterior paintwork is perfected, the dashboard and interior elements are fitted.
In the fifth zone, 80 per cent of the vehicle is assembled, taking two days. An ergonomic lift with bespoke jig helps the craftsmen and women achieve the tight tolerances required for elements such as the wheel arches and flat underfloor. The complex butterfly doors – sophisticated in design and integral to the vehicle structure – are also fitted at this stage, over two days, using another unique piece of mounting equipment that can support the weight of the doors and tilt in multiple directions to ensure fitment is perfectly aligned.
The first end-of-line checks and commissions are undertaken next, with bespoke software and tooling used to check all standards are being met with the vehicle in Plant Mode. It is then switched to Customer Mode to ensure real-life functions work as they should – including charging the battery, infotainment and the unique Automobili Pininfarina SUONO PURO sound signature.
The final physical workstation in the Atelier sees the Battista raised on another lift for 24 hours to complete a thorough wheel and steering alignment. Each vehicle is then checked in the water management area to ensure water cannot get into the vehicle, regardless of its intensity, before final sign-off and completion of its digital log.
End-of-line quality checks are completed by specialists passionate for delivering perfection, which also includes functional tests, a thorough aesthetic evaluation in the light tunnel and on-road testing. This ultimate GT testing programme is completed on a bespoke route designed to assess each Battista in a way that replicates how owners will use their vehicles across a varied route of road types and surfaces. Each Battista is verified by the same test driver in exceptional detail, before returning to Cambiano where the protective wrap is removed ahead of a final aesthetic check, to be ready for client deliveries.
Paolo Dellacha, Automobili Pininfarina Chief Product and Engineering Officer, said: "Our objective with Battista was to deliver an alluring new kind of 'Gran Turismo' driving experience, leveraging unprecedented power developed through electrification and perfectly complimenting the exquisite work of our Design team in the shapes and details featuring throughout this hyper GT.
"We have prioritised quality in everything we do. From world-class technical componentry to relentless testing during Battista's development programme, we wanted to ensure our customers will enjoy every experience with this incredible first car from the Automobili Pininfarina team."
A BESPOKE JOURNEY FOR EVERY CLIENT
Visiting the Battista Atelier gives each owner the opportunity to meet the team behind the vehicle, work in partnership to tailor the design of their car and see it being built as part of an unparalleled commissioning and ownership experience.
Clients are taken through an in-depth consultation process to configure their Battista. A bespoke design proposal is created for each client before they are invited to Cambiano to work face-to-face with the designers, where they then refine their final specification.
Dave Amantea, Automobili Pininfarina Chief Design Officer, engages with each client to perfect their configuration. Amantea said: "Every Battista will be bespoke. As passionate designers we love sharing our expertise and insights with clients, revealing our unique PURA design philosophy, and collaborating to craft a bespoke Battista matching the client's individuality and dream specification.
"It is a very personal experience and therefore imperative that we provide inspiration and unforgettable moments for them as they choose from a near-unlimited number of options. This process guarantees an unmistakable version of Battista for each owner, which presents their personality everywhere they go."
Alongside the assembly area is a commissioning suite for clients, where exterior and interior colour and material options can be specified and featuring a range of samples to review, touch and feel. For the exterior, additional elements can be specified, such as the Battista Exterior Jewellery Pack, brake calliper colours and custom finishes for the wheels. In total, there are up to 13.9 quintillion exterior combinations.
Inside, 128 million possible configurations for the colours, materials – including leather, Alcantara and aluminium – and engravings enable clients to create a Battista like no other. The exclusivity enhances Battista's investment status, building on a rich history of collectible motoring masterpieces to bear the Pininfarina name.
Sara Campagnolo, Director of Colour & Material Design, said: "With Battista we have an opportunity to bring true personalisation and craftsmanship to an entirely new sector. Merging innovative technology with Pininfarina's rich design heritage is a real privilege, using sustainable materials and processes that we will take forward and elevate with future projects."
Throughout the design and creation journey, clients are updated on the status of their Battista, shared directly with them by the Automobili Pininfarina Client Relations Team.
UNPARALLELED OWNERSHIP EXPERIENCE
Automobili Pininfarina's client services are ensured for the lifetime ownership of Battista. A 360-degree digital approach to aftersales, incorporating parts and warranty management, training and remote diagnostics supports the peace of mind delivered by global retail partners. With a presence across North America, Europe, Middle East, Australia and Asia – clients are cared for wherever they are.
For specialist technical matters, a 'flying doctor' will fly anywhere in the world to support the client and Battista. With an encyclopaedic knowledge of the Battista, the team of flying doctors has been involved in the car's development from the ground-up, including the development of the Battista owner's manual and retail partner workshop manual.
Owners will also be reassured by comprehensive aftersales packages: Eccellenza, Futura and Eterna.
- Eccellenza: A five- or 10-year exclusive maintenance programme ensuring safety and reliability on all vehicle functions and components throughout ownership, providing optimum performance and safeguarding its warranty and value.
- Futura: Automobili Pininfarina's extended battery and powertrain warranty for Battista, providing an additional seven years of cover and reassurance over the standard three-year warranty.
- Eterna: A ready-to-install solution to enrich the ownership experience and long-term value of Battista, the Eterna Programme offers a replacement body parts kit which can be ordered when configurating the car. It is crafted and matched to the original configuration and painted at the time of production.
Deliveries to customers worldwide of Battista will commence this summer. The pure-electric hyper GT is specified in either 'Pura' body style or featuring the 'Furiosa' body design package. Five examples of the Battista Anniversario will be created as part of the total 150-unit production limit, with this unique specification vehicle celebrating the lifetime achievements of design icon Battista 'Pinin' Farina. All five pieces are already sold.
For more information, visit: automobili-pininfarina.com/media-zone
EDITOR'S NOTES
THE AUTOMOBILI PININFARINA BATTISTA (LINK TO PRESS KIT)
The Battista will be the most powerful car ever designed and built in Italy and it will deliver a level of performance that is unachievable today in any road-legal sports car featuring internal combustion engine technology. Faster than a current Formula 1 race car in its 0 -100 km/h sub-two second sprint, and with 1,900 hp and 2,340 Nm torque on tap, the Battista will combine extreme engineering and technology in a zero emissions package. The Battista's 120 kWh battery provides power to four electric motors – one at each wheel – with a combined range based on US EPA: 300 miles on a single charge. No more than 150 examples of Battista will be individually hand-crafted at the Battista Atelier in Cambiano, Italy.
ABOUT AUTOMOBILI PININFARINA
Automobili Pininfarina is based in operational headquarters in Munich, Germany, with a team of experienced automotive executives from luxury and premium car brands. Designed, engineered, and produced by hand in Italy, the Battista hyper GT and all future models will be sold in all major global markets under the brand name Pininfarina. The new company aims to be the most desired, sustainable luxury car brand in the world.
The company is a 100 per cent Mahindra & Mahindra Ltd investment.
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SOURCE Automobili Pininfarina | https://www.mysuncoast.com/prnewswire/2022/07/12/new-battista-hyper-gt-first-series-production-car-set-north-america-august/ | 2022-07-13T06:54:22Z |
PITTSBURGH, May 31, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will virtually attend the Loop Capital Investor Conference.
Details of the conference are as follows:
About Kennametal
With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,600 employees are helping customers in more than 60 countries stay competitive. Kennametal generated $1.8 billion in revenues in fiscal 2021. Learn more at www.kennametal.com. Follow @Kennametal: Twitter, Instagram, Facebook, LinkedIn and YouTube##
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SOURCE Kennametal Inc. | https://www.mysuncoast.com/prnewswire/2022/05/31/kennametal-virtually-attend-loop-capital-investor-conference/ | 2022-06-01T00:11:48Z |
FORT LAUDERDALE, Fla., June 24, 2022 /PRNewswire/ -- Rev. Robert J. Pacienza, President & CEO of D. James Kennedy Ministries released the following statement today in the wake of the U.S. Supreme Court's decision overturning Roe v. Wade:
After 49 years and the cruel slaughter of more than 63 million unborn humans the U.S. Supreme Court has, at long last, reversed its deadly 1973 decision, Roe v. Wade.
This is extraordinarily good news for all Americans—and especially the unborn. But while it means justice for some preborn children . . . others remain at risk.
Roe's reversal unchains the American people to address abortion through the democratic process at the state level. It triggers laws protecting preborn boys and girls in 13 states and will lead to the passage of protective legislation in at least 13 more.
But it will also turn some states into killing fields for the unborn. Anticipating Roe's reversal, New York enshrined the right to take the life of preborn children in its constitution in 2019. The Empire state now gives mothers the right to end their innocent unborn child's life right up to delivery.
California Governor Gavin Newsom promises to, like New York, put abortion in the state constitution. In addition, some California legislators want to make the state an abortion sanctuary. One legislative proposal underwrites costs for travel, lodging and abortions for women who come from out of state to end their unborn child's life.
Roe's demise opens the door to resolve the abortion debate within the states via the democratic process—through elections and laws. But just like slavery divided our nation 160 years ago, America will soon be torn between pro-abortion and pro-life states.
Our national debate over abortion is anything but over.
Followers of Jesus—especially churches—must now do everything they can to aid women considering abortion. That includes supporting pregnancy help centers and providing for the material needs of moms in need. At the same time, we must work to ensure every unborn child has the right, protected in law, to take his or her first breath.
Every pro-life American who has prayed, voted, and worked to defend the unborn should now take a moment to celebrate and savor this triumph for life.
But the war to protect the unborn is not won. And won't be until every child conceived in our great nation is, once more, protected in law. And until abortion is made not just illegal . . . but unthinkable.
D. James Kennedy Ministries (DJKM.org) is a media ministry whose television program, "Truths That Transform," airs nationwide. It actively communicates the Gospel of Jesus Christ, the supremacy of His Lordship, and a Biblically informed view of the world.
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SOURCE D. James Kennedy Ministries | https://www.wibw.com/prnewswire/2022/06/24/roe-ruling-is-extraordinarily-good-news-says-djkm-president-amp-ceo-war-protect-unborn-is-not-won/ | 2022-06-24T18:24:53Z |
- LG Energy Solution to host 'LGES Battery Challenge 2022' seeking start-ups with battery related technology to fund cutting-edge research in battery sector
- Through international competition, LGES aims to maintain leadership in battery industry
SEOUL, South Korea, July 30, 2022 /PRNewswire/ -- LG Energy Solution (LGES; 373220) continues its efforts to foster next generation battery technologies by inviting start-ups in the industry. The battery manufacturer said it is hosting the 'LGES Battery Challenge 2022,' an international competition to identify start-ups for potential investment and collaboration.
Through the program, LGES is bringing together up and coming battery start-ups to keep pace with the fast-developing industry, as growing number of economies transition to renewable energy. This is the third time the company is hosting the competition.
Start-ups, with the specialty in battery related technology, can take part in this year's Battery Challenge. This year's program largely focuses on three major categories: battery technologies on materials, management and control, and smart factory. As many as 10 start-ups will be selected as finalists and each will receive funding as well as opportunity for cooperation with LGES.
"By utilizing programs like Battery Challenge and Open Innovation, LGES aims to maintain its leading position in the battery industry," said Youngjoon Shin, CTO of LG Energy Solution. "LGES will continue to expand battery-related research with promising start-ups as well as distinguished scholars and academic organizations around the world."
Applications will be accepted through September 16 on the official website (www.lgesbatterychallenge2022.com), which is set to go live on August 1 at 9AM (KST).
About LG Energy Solution
LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 24,000 patents. Its robust global network, which spans North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V. and Hyundai Motor Group. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution's ideas and innovations, visit https://www.lgensol.com.
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SOURCE LG Energy Solution | https://www.mysuncoast.com/prnewswire/2022/07/31/lg-energy-solution-brings-start-ups-foster-next-generation-battery-technology/ | 2022-07-31T01:23:40Z |
Multiple buildings on South Commerce Street burglarized
ARDMORE, Okla. (KXII) - A series of break ins along one street in Ardmore has business owners concerned.
Jerry Rutledge, the Oklahoma Pecan Company located on south Commerce street, said the thieves cut a hole in the gate to get into his private storage facility and steal equipment out of two cars.
“They stole the catalytic converter out of it,” Rutledge said about a wrecked car he intended to use for parts. “Also took the catalytic converter off a 2016 ford pick up.”
A few weeks later the facility was broken into again and some woodworking equipment was stolen.
Then, a third break in.
But this time Rutledge was prepared.
“They pried the backdoor open, loaded the wheel barrel up with everything they could get their hands on but they didn’t find the security camera,” Rutledge said.
The footage from Rutledge’s hidden camera shows a man entering through the back door.
He left the building briefly after hearing police sirens but returned moments later with another person and the pair took what they could carry.
Rutledge says they left with thousands of dollars worth of equipment but it didn’t stop there.
“The next day another gentleman came back, loaded up the wheel barrel and took some more things,” Rutledge said.
Rutledge says the new intruder seemed to be alone and left with even more equipment.
In total Rutledge says thousands of dollars worth of supplies and equipment are gone.
He also said he’s not the only who has been targeted on this street.
“Duke construction company is missing some equipment, the mini storage place they broke into storage units that belonged to people and then down at the RV repair place affordable RV they stole 17 batteries and a generator.”
Rutledge says police told him they arrested one person already.
We were unable to get in touch with police about this case.
If you recognize any of the people in these videos or know anything about these break ins call the Ardmore police right away.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/04/13/multiple-buildings-south-commerce-street-burglarized/ | 2022-04-13T03:16:42Z |
Seattle Plastic Surgery Offers Evening Botox Appointments & The Top Botox Deals In Seattle
SEATTLE, Sept. 8, 2022 /PRNewswire/ -- Everyone wants a good deal, especially when it comes to an investment such as Botox injections. Many people will offer cheap Botox injections, but only Seattle Plastic Surgery offers low cost Botox with highly qualified injectors with years of experience. At Seattle Plastic Surgery, you can expect personalized treatment with some of the top Botox injectors in Seattle.
Seattle Plastic Surgery offers all major Botox treatments including treating frown lines, forehead lines, and crow's feet. However, they also perform facial slimming Botox and certain medical Botox treatments such as injections for migraines or hyperhidrosis. Whether you want to look younger, treat chronic migraines, or prevent the early signs of aging, BOTOX injections may help because they deactivate certain responses that cause unnecessary facial movement or activities that cause migraines or sweating.
The cost of BOTOX at Seattle Plastic Surgery is 20 units for $219 and 30 units for $299. These deals are better than others in the area, especially wanting the best providers. To better serve patients, Seattle Plastic Surgery offers three locations:
- Seattle Location: 600 Broadway Suite 320 Seattle, WA 98122
- Kirkland Location: 3100 Carillon Point Kirkland, WA 98033
- Lynnwood Location: 3500 188th St SW #670 Lynnwood, WA 98037
Seattle Plastic Surgery offers weekday appointments as early as 8 am to as late as 9 pm. We know that patients have varying schedules and may not typically be able to get in between 9 am and 5 pm. Thus, Seattle Plastic Surgery extended its hours. One Google review says, "I've been here several times for Botox, and my most recent experience was fantastic. Not only did my injector thoroughly explain the differences of Botox and Dysport before injection, he was personable, professional, and efficient. It has been one week and my face looks amazing."
About Seattle Plastic Surgery: Seattle Plastic Surgery is one of Seattle's top plastic surgery and medical spa clinics. Offering cosmetic treatments ranging from breast augmentation to Botox and dermal fillers to professional skincare, Seattle Plastic Surgery aims to help you achieve all of your aesthetic goals. They are open from 8 am to 9 pm every day to serve patients with a variety of schedules.
Contact: Seattle Plastic Surgery
Phone: 206-324-1120
Email: contactus@seattleplasticsurgery.com
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SOURCE Seattle Plastic Surgery | https://www.mysuncoast.com/prnewswire/2022/09/08/how-much-does-botox-cost-seattle/ | 2022-09-08T15:19:07Z |
MASKWACIS, Alberta (AP) — To this day, Flo Buffalo doesn’t drink milk — not since two nuns force-fed her the sour milk she had refused at the Catholic-run Ermineskin Indian Residential School for Indigenous children that she attended in the 1960s.
Holding out her right hand, she showed how she has never been able to fully straighten it out since a nun severely beat her with a stick.
“The nuns, they were real mean,” Buffalo said.
With international attention focusing on the former school in the prairie town of Maskwacis as Pope Francis visits Monday to apologize for abuses in a system designed to sever Native children from their tribal, family and religious bonds, Indigenous Canadians such as Buffalo are voicing a range of skepticism, wariness and hope.
Buffalo, a member of the Samson Cree First Nation in central Alberta, doesn’t often talk about her two years at the school. But ahead of the pontiff’s visit, she sat down to relate her experiences to Associated Press journalists and a small group of teen girls who are learning about the traumatic legacy of the schools.
Speaking in the council chambers of the Montana First Nation, a neighboring Cree tribe where she now works, Buffalo recalled that the nuns, who were white, beat the girls when they spoke in their native Cree instead of English.
At the same time, Buffalo, 67, said she often defied the nuns. “I scared the hell out of them, because I wouldn’t put up with their …” she said, completing the sentence with a mischievous chuckle.
Buffalo still considers herself Catholic. But she’s not going to attend Monday’s event with Francis — she doesn’t want to deal with the crowds, and the ones she holds responsible are the nuns who abused her and never offered an apology while they were alive.
“It shouldn’t be him apologizing,” Buffalo said. “It should be them.”
When Mavis Moberly heard the pope was coming, the news triggered some of the trauma she carries from her years at a residential school in northern Alberta. But after tears, prayers and a traditional smudging ceremony, a purification rite with scented plants, she found herself looking forward to hearing the pope’s apology.
“Maybe it’s going to help me to heal and to have a little bit more inner peace,” she said after last Sunday’s Mass at Sacred Heart Church of the First Peoples, a Catholic parish in Edmonton oriented to Indigenous people and culture.
The papal apology is years, if not generations, in the making.
From the 19th century into much of the 20th, Canada’s government collaborated with Catholic and Protestant churches to run residential schools in “an education system in name only,” designed to weaken tribal identities and Indigenous resistance to land grabs, according to a 2015 report by the Truth and Reconciliation Commission of Canada.
It identified 139 schools, the majority Catholic-run, where about 150,000 students were sent. “Children were abused, physically and sexually,” the report said, adding that schools were unsanitary and unsafe facilities where thousands of children died of disease, fire and other causes.
For decades, various Catholic and Protestant church groups have offered apologies, and Pope Benedict XVI in 2009 expressed his “personal anguish.”
But the painful history took on new urgency last year when surveys of former schools with ground-penetrating radar found evidence of hundreds of unmarked graves.
Pope Francis met with a Canadian Indigenous delegation this spring and apologized “for the deplorable conduct of those members of the Catholic Church” involved with the schools. He also heeded survivors’ calls to make an apology on Canadian soil, leading to Monday’s event where thousands of attendees are expected.
Today, the Ermineskin residential school has largely been torn down. In its place stands a newer set of school buildings, run by four Cree nations in and around Maskwacis. A large tipi in front of the secondary school demonstrates how educators are promoting pride in the once-suppressed Indigenous culture.
Rose Pipestem, a member of the Montana First Nation who is also a survivor of the Ermineskin school, said she will try to see the pope. But like Buffalo, she believes the perpetrators should have apologized.
“I’m going to go see him,” she said, sitting in the council chambers near a line of photos of past Montana chiefs. “I’m not mad at him.”
Pipestem doesn’t have conscious memories of abuse at the school, where she lived from age 3 after her mother died. But a classmate told her years later that a nun had beaten her until she bled because she wasn’t doing her work on the blackboard fast enough.
“It just shocked me,” she said through tears.
Pipestem did not file a claim for compensation because she can’t recall the incident. But she knows there was abuse at the school.
“I’m always grateful I’m still around,” she said. “I think it kind of made me stronger.” She reached a point where “I didn’t believe in the Catholic religion. Why did they allow all these things to happen?”
Other survivors have found spiritual solace in Catholicism.
On Sunday, worshipers crowded into Sacred Heart for the rededication of the sanctuary after a fire. The newly restored space features large wooden beams in the shape of a tipi over the altar and evocative images of Jesus and his followers portrayed with Indigenous features.
Drummers accompanied a procession into the church, followed by a multicultural mix of musical styles and a liturgy in English and Cree.
“This church has been a part of my healing journey,” said Moberly, who has been attending for many years.
She said that as a young adult, still traumatized by her school experiences, she rejected the Catholic faith for a time, turned to drinking and made poor choices. But when she became a grandmother, she resolved to change her ways and set a strong example for others.
“It wasn’t an easy task,” she said. “There was many tears.”
Church elder Fernie Marty, 73, said Francis’ visit will not only bring reconciliation but encourage what he calls “reconcili-action.”
“We all play a part in making sure that those kinds of atrocities never happen again on Canadian soil,” Marty said.
Edmonton Archbishop Richard Smith said the pope’s visit sends a message not only with words but with action, since he’s coming to Canada even as he has canceled other trips due to health problems.
“This is showing … how important it is for him to demonstrate personally his personal closeness to the Indigenous peoples,” Smith said.
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/news/international/ap-international/indigenous-canadians-wary-hopeful-as-pope-prepares-apology/ | 2022-07-22T21:20:25Z |
Beautycounter has paved the way for cosmetic reform; its advocacy efforts have resulted in the passage of 10 pieces of legislation since 2011
SANTA MONICA, Calif., June 23, 2022 /PRNewswire/ -- Beautycounter, the leader in clean beauty, today is recognizing the 84th anniversary of the Federal Food, Drug, and Cosmetic Act signed into law by President Franklin D. Roosevelt on June 25, 1938. Despite the industry's growth in the last 84 years, these regulations have stood largely unchanged and continue to govern the $63B U.S. beauty industry.
Gregg Renfrew – Founder and Executive Chair of Beautycounter – has led the way for advocacy in the beauty industry. She was selected as the first founder of a clean beauty brand to testify in front of Congress in 2019, and the brand's advocacy has resulted in the passage of 10 pieces of legislation since Beautycounter was founded in 2011. Beautycounter has made significant progress on policy change over the last decade to better protect the health and safety of consumers and is continuing to drive advocacy work this year.
Most recently, Beautycounter has been working alongside federal lawmakers to advance and advocate for key changes to the Food and Drug Administration Safety and Landmark Advancements Act (FDASLA), which would modernize cosmetic regulation and oversight. The legislation includes the Modernization of Cosmetics Regulation Act of 2022, which would update the FDA's regulation of cosmetics and personal-care products in the United States. While FDASLA presents an important step forward, Beautycounter has proposed several key changes to the bill – outlined in detail here – before it becomes law to ensure that all cosmetics and personal-care products are free from harmful chemicals. The proposed changes include:
- Banning the use of PFAS from raw materials and packaging used in cosmetics.
- Addressing the scope of federal preemption to ensure that states can legislate to strengthen personal-care product safety. This would protect states' abilities to enact their own laws and regulations that protect the health and wellness of their residents.
- Establishing a strong standard for safety requiring a "reasonable certainty of no harm" before a product can be sold to consumers.
"Since the last major cosmetics bill passed in 1938, tens of thousands of new products and chemicals have been introduced on the market," said Beautycounter Founder and Executive Chair Gregg Renfrew. "However, because the FDA does not have the ability to screen ingredients for safety and recall products in the personal-care industry, many formulas remain largely unchecked and individual companies are left to determine what they deem to be safe. These concerns are exactly why Beautycounter has been part of the movement for change since we launched, and why we continue to encourage consumers to use their collective voice to demand strong and comprehensive legislation."
To further mobilize its community around this shared cause, Beautycounter is launching a text action campaign to empower people to advocate for its recommended changes to the FDASLA and raise the standards of the beauty industry overall. The brand will encourage consumers, its community of 50,000+ Brand Advocates, and members of its Counteract Coalition (a collective of businesses working together to help pass more health-protective laws in the beauty industry) to text BETTERBEAUTY to 52886 in the U.S. and 18888867542 in Canada. By texting, people interested in advocating for cleaner beauty will be able to easily access suggested correspondence to send to their local representatives.
This is one of many ways that Beautycounter has encouraged its community to be a part of creating a future where all beauty is clean beauty. For nearly a decade, Beautycounter has advocated for better health-protective legislation that would allow the FDA to regulate the industry more effectively. Beautycounter and its community have sent over 236,000 emails, made 16,000 calls, and held 2,200 meetings with legislators in the U.S. and Canada, urging lawmakers to support cosmetic reform. The brand's efforts have led to the passage of 10 pieces of legislation and is currently working on nine more. In April 2022, Beautycounter led a lobby day in Washington, D.C., where 225 Brand Advocates held over 50 meetings with lawmakers to advocate for more health-protective legislation to reform the beauty industry.
Founded by Gregg Renfrew in 2011 and launched in 2013, Beautycounter is the leader in cleaner skin care and cosmetics whose mission is to get safer products into the hands of everyone. A certified B Corporation, the Santa Monica, CA-based brand leads the way for improved transparency and accountability in the beauty industry, including advocacy efforts to update federal regulations that have stood largely unchanged since 1938. Beautycounter is an omnichannel brand and is available today online, in physical retail stores, through strategic partnerships, and through its community of independent sellers across North America. Beautycounter offers more than 100 products that have earned numerous awards, including Fast Company's Most Innovative, Allure's Best of Beauty, Glamour's Beauty Awards, Refinery29's Innovators List, WWD's 2019 Best-Performing Beauty Company, and CNBC's Disruptor 50. For more information, visit www.beautycounter.com, follow on Instagram @beautycounter, Twitter @beautycounterhq, and Facebook @beautycounterhq.
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SOURCE Beautycounter | https://www.wibw.com/prnewswire/2022/06/23/beautycounter-celebrates-progress-advocacy-mobilizes-its-community-continue-efforts/ | 2022-06-23T23:57:02Z |
Alliance City Schools to renovate elementary school soccer field, bus garage
ALLIANCE – Two renovation projects are in the works at Alliance City Schools facilities.
A new soccer field will be installed at Alliance Elementary School on South Rockhill Avenue. The district plans to complete a $1.3 million project to replace the existing field's sod turf with synthetic turf.
Cheyanne Gonzales, communications liaison for the school district, said in an email that the project will be paid through a variety of funds, which might include coronavirus relief funds.
The soccer field has been used for more than 20 years. It is used by second- and third-grade students at Alliance Elementary School, as well as high school age students enrolled in soccer programs.
The project is expected to be finished by Oct. 31.
The work will be carried out by The Vasco Group, a sports construction company based in Massillon.
"We are looking forward to this being another field that the community can use to promote and encourage youth to play soccer," said Alliance City Schools Superintendent Rob Gress in a prepared statement.
Another project is expected to take place at the bus garage at 326 Walker Ave.
The district plans to add a 6,800-square-foot building and a 1,200-square-foot building to the bus garage, according to plans submitted to the city.
Todd Rainsberg of Sol Harris/Day Architecture said during a recent Alliance Planning Commission meeting that the project will allow the district to expand offices, restrooms and maintenance space and storage areas at the garage.
"There is no plans for addition tobus fleet. This will allow the district to maintain more buses at one time," he said.
The proposed project received conditional approval from the Planning Commission, with a contingency that the district submits a detailed landscaping plan within the next 90 days.
The project is expected to be completed by August 2023.
Reach Paige at 330-580-8577 or pmbennett@gannett.com, or on Twitter at @paigembenn. | https://www.cantonrep.com/story/news/local/alliance/2022/06/29/alliance-elementary-school-soccer-field-undergo-improvement-project/7651405001/ | 2022-06-29T16:28:40Z |
Sea lions in video sparring, not chasing beachgoers, expert says
Published: Jul. 12, 2022 at 9:42 AM CDT|Updated: moments ago
SAN DIEGO (AP) — A SeaWorld San Diego expert said Monday that a pair of sea lions that sent dozens of San Diego beachgoers running in fear last week were likely chasing each other, sparring over their rights to mate with females.
Eric Otjen of SeaWorld says the behavior that was caught on a TikTok video that went viral is normal this time of year as breeding season gets underway.
He says the beachgoers, however, were still wise to flee.
The mammals weigh between 200 and 300 pounds and could easily barrel over people if they got in their way.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/12/sea-lions-video-sparring-not-chasing-beachgoers-expert-says/ | 2022-07-12T14:49:26Z |
PHOENIX (AP) — A Phoenix suburb is reviewing how it handles water rescues as video of three police officers standing nearby as a homeless man drowns sparks outcry.
The Tempe Police Department says the officers are on paid administrative leave after last month’s drowning in a city lake.
An uproar arose after Tempe police on Friday released edited footage from officers’ body cameras as well as a transcript of the May 28 incident.
The video shows Sean Bickings, 34, climb over a 4-foot (1.2-meter) fence along Tempe Town Lake. An officer tells him swimming is not permitted. Bickings then goes into the water and starts swimming. Another officer tells police to watch him while he goes to get a boat.
The video ends there. But the transcript shows two officers repeatedly tell Bickings to swim to a pylon and “hold on.” Bickings continuously says “I can’t” and pleads for help.
At one point, one of the officers says: “I’m not jumping in after you.”
Bickings swam in all for roughly 40 yards (37 meters) under a pedestrian bridge, city officials said.
The Tempe Officers Association said the public needs to understand officers are not trained for water rescues. These officers followed their training and went to get a boat.
In a news release Monday, the city said officials will reevaluate the protocols around water rescues. They will also look at where rescue equipment like life preservers should be placed relative to the lake or any body of water.
Police were originally responding to reports of a fight just after 5 a.m. between Bickings and a female companion. When questioned, both denied any physical altercation had taken place. But officers ran their names through a background check and found Bickings had three outstanding warrants.
Authorities say that is when Bickings climbed over the fence. According to the transcript, his companion, who said Bickings was her husband, tried to go after him but officers kept her back.
Firefighters recovered Bickings’ body and pronounced him dead.
The Arizona Department of Public Safety and police in the neighboring suburb of Scottsdale are investigating the police response.
Police Chief Jeff Glover met with Bickings’ mother last week. She had asked for any video to be released, the city said.
Tempe Town Lake is more than 2 miles (3.2 kilometers) long and was built in 1999 by damming a portion of the Salt River. It is a popular spot for jogging, biking, kayaking and other recreational activities. | https://cw33.com/news/u-s-news/ap-us-headlines/arizona-officers-inaction-during-drowning-spurs-probe/ | 2022-06-08T17:32:54Z |
Cardarius Nashaud Taplin, 26, of Temple died Friday, Aug. 26, in Nolanville.
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squawkbox@albanyherald.com
We need to remember the tragedy of little Nigel Brown every year. It’s a pain that should not ever heal, and the animals who are responsible should be brought to justice.
How in the world can a man of God get away with calling anyone a Punk Ass Fag$$$, let alone a city commissioner? This doesn’t need to be swept under the rug. Heard needs to go ASAP.
Is the Albany Housing Authority director telling us that his maintenance crew is too incompetent to put a blue tarp over a leaking roof until permanent repairs can be made?
HONK if you would be supportive of Chris Cohilas running a write-in campaign against Lorenzo Heard.
With what has come out about Hershel Walker’s ethics, honesty, integrity and criminality so far, I can’t wait to see what they will bring out in September. You know they are saving the nasty stuff until then.
Took cardboard to Meredtyth Drive recycling point. Without asking how much I had, attendant said they had too much and wouldn’t take it, go to Civic Center. My last recycling trip.
Now that Rock 105 is off the air, we get to go back to listening to the same 30 or 40 songs on our “Classic Rock” station or listening to the Madonna channel. No thanks. I’ll play my albums and CDs.
All dogs are therapy dogs. The majority of them are just freelancing.
To any Trumpster: If your guy and his minions did nothing wrong about Jan. 6, why are they refusing to tell their side instead of hiding behind phony excuses? Please be honest and respond.
SMRs, if you sent money to Trump’s Defense Fund you were scammed.
If you are waiting for a celebrity to tell you who to vote for, you are a bigger moron than they are.
Stacey Abrams is the most dangerous candidate for governor Georgia has ever seen. She is pictured burning the state flag in 1992. She endorsed the baseball All-Star game being moved out of Atlanta. She was on CNN saying she was for defunding the police. She says Georgia is the worst state to live in. How in hell does she think she should be governor?
Poor people have been voting Democrat for 50 years, and they’re still broke.
Cattle crossing Means go slow. That old bull is some cow’s beau ... Burma Shave
Why in God’s name do we have over 40,000 Veterans that are homeless? Totally wrong.
They need to have a June 16 committee hearing for Stephen Colbert and his staff, assisted by Adam Schiff, who performed an insurrection as they broke into the Capitol building. This is a danger to our democracy. This is as bad as Watergate and the scariest thing since 911.
Thank goodness Georgia is a blue state because we get more infrastructure money than the red states.
The 14-year-old girl that wants to be identified as transgender that caused such an uproar at a church camp just wants attention; so does her mother. Between 0.5 and 0.7% of America is transgender. They seem to cause a lot of trouble to the other 99%. So sorry this caused so much trouble for a church and a church camp for other young girls.
American voters’ biggest concern and top priority is inflation. The Democratic top priority is Jan 6th. | https://www.albanyherald.com/features/squawkbox/article_b8964a48-fe09-11ec-9abf-df95bfcbdb94.html | 2022-07-07T22:03:06Z |
LONDON, July 7, 2022 /PRNewswire/ -- Women hit by the cost of living crisis are having to make difficult spending choices – at the expense of their health – a new survey has revealed.
Skipping meals to save money, drinking more alcohol, lying awake worrying about food and fuel bills, delaying medical treatment, dental appointments and even putting off starting a family, plus comfort eating because of stress and canceling gym memberships are just some of the ways the squeeze is affecting women's health and well-being.
Almost half (48%) of 1,000 American women aged 25 to 50 polled by the health platform Healthily admitted the cost of living crisis was negatively affecting their health, with 8 out of 10 (83%) reporting higher stress levels.
Making health cutbacks
The survey found the squeeze is forcing women across America to make cutbacks to spending on health, with:
- 33% delaying a medical treatment due to reduced pay or missed work opportunities
- 55% are delaying dental care and 31% are making medications last longer
- 49% of women switching to cheaper own brand medications
- 41% swapping supermarkets to buy cheaper food
- 46% canceling gym memberships
Less self-care for women
As well as cutting back on everyday basics, the cost of living crisis has seen many American women economizing on self-care and well-being spending.
- 81% are cutting back on treats for themselves
- 70% say they're economizing on beauty treatments and products
- 46% are swapping longer holidays for shorter mini breaks and almost half (47%) have canceled their holiday entirely
- 45% are reducing spend on vitamins and supplements
Daily worries include:
- 86% lying awake at night fretting about food costs - 81% worried about rising fuel bills
- 49% skipping meals to cut costs
- 40% had gone to a food bank
- 41% comfort eating due to stress
- 21% said they were also drinking more alcohol
- 17% said they were delaying starting a family because of the financial strain
Chief medical officer at Healthily, Professor Maureen Baker, says the survey reveals just how much the cost of living crisis is affecting not just spending habits but health in America.
"The women we spoke to are delaying dental treatment, cutting back on medical insurance and putting off starting a family – this shows how deeply the cost of living crisis is affecting women's health," says Professor Baker.
"Our survey revealed 8 out of 10 women feel the cost of living crisis is affecting their physical and mental health," she adds. "Very high numbers said these worries about money were leading to higher stress levels, which is concerning because stress can cause mental health and sleep problems.
"With the American healthcare system in crisis after COVID-19 and the economic strain we're all under, it's an especially worrying time for anyone concerned about their health or managing a long term illness," says Professor Baker.
Almost two thirds of women say they are lying awake worrying about the cost of living. "That lack of sleep can affect blood pressure and heart health as well, making it harder to manage a healthy lifestyle and keep weight under control," says Professor Baker.
"Our survey shows that almost half (49%) have skipped meals to save money and it's clear that skipping meals will have a very direct effect on your health including potential malnutrition and simply not having enough energy to look after yourself and your family.
"On top of this, with 45% cutting back spending on vitamins and supplements so there's a danger of women missing out on essentials such as vitamin D or iron," she concludes.
Healthily is a medically validated self-care health platform that includes a smart symptom checker and also offers free and practical recommendations to help people make decisions about their health and find solutions to support them.
For more information, visit https://www.livehealthily.com/cost-of-living/summary
For further information contact:
Healthily Press Office - Mars Webb at: mars@marswebbpr.co.uk / mobile: +44 (0)7717718063.
Notes to Editors:
Prof Maureen Baker is on board for quotes.
About Healthily: Healthily is a health information website, an award-winning app with 28-day health plans and an accurate and advanced Smart Symptom Checker. Healthily self-care platforms, including the artificial intelligence (AI) Smart Symptom Checker, created with guidance of the independent Clinical Advisory Board (CAB), are self-certified as Class I medical device. Healthily provides medically safe information that helps anyone, anywhere decide on the best next steps and how to manage well-being safely at home.
Logo - https://mma.prnewswire.com/media/1855286/Healthily_Logo.jpg
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SOURCE Healthily | https://www.kxii.com/prnewswire/2022/07/07/healthily-survey-finds-cost-living-crisis-hitting-american-womens-health-hard/ | 2022-07-07T16:54:31Z |
Breakthrough Technology Available Immediately to Drive Greater Revenue and Improve the Customer
Dining Experience
CHICAGO, May 19, 2022 /PRNewswire/ -- Charter House Innovations, a furniture supplier for restaurants and international quick-service chains, and Wi-Charge, the leader in long-range wireless power solutions, today announced that the two companies have formed a joint partnership to deliver for the first time over-the-air wirelessly charged displays for the food and beverage industry. With the new solution, restaurants, quick-service chains, and franchises can now conduct frictionless marketing and promotions directly at the table without pre-wiring every table or constantly recharging every device. Wi-Charge and Charter House are demonstrating the technology at the National Restaurant Association Show from March 21 to 24 at McCormack Place in Chicago at Booth 1372.
Charter House is a furniture supplier that incorporates new technology and materials to deliver a great customer experience from the minute people walk in the restaurant door. The company serves a growing number of dining establishments including the world's largest restaurant chains.
Wi-Charge's breakthrough over-the-air wireless charging solution can charge devices in a 30-foot range, eliminating the hassle of cables and batteries to give end-users the freedom they crave, and product designers the power they need to usher in the next generation of mobile and smart devices. Wi-Charge systems and devices are already deployed in multiple commercial venues in the United States, Israel, and around the world.
Wi-Charge and Charter House developed a full-color video display with built-in over-the-air wireless charging that allows marketing teams to promote and engage their customers right at the table and bartop. With the wireless charging capabilities, restaurant owners do not have to hardwire each table or worry about the displays ever losing power. The displays can be loaded in real-time with promotional content such as in-meal offers, or special deals on a future visit to the restaurant. This helps create closer connections with customers, differentiates the restaurant's services, and drives greater revenue.
"Our mission at Charter House Innovations is to offer our customers innovative ideas that drive more sales in their dining rooms," said Charles S. Reid, president, Charter House Innovations. "With our full-color WISPir video display, powered by this unbelievable wireless charging technology, restaurant owners can now market to their customers at the ideal moment - when they are at the table and ready to eat."
"The last two years have changed dining forever, as digital menus and digital tabletop promotions have become part of the overall customer experience. To support this digital transformation, we need to rethink how we power devices to make it possible for any restaurant," said Ori Mor, chief business officer, Wi-Charge. "We are excited to work with Charter House Innovations, a true innovator in the market, to bring engaging displays and other devices powered by over-the-air wireless charging, free from the hassle of running wires, to every dining table to drive higher revenues for restaurants and improve the overall customer experience."
The digital displays and wireless charging system are available immediately. For more information, please call (616) 399-6000 or email customerservice@charter-house.com
About Wi-Charge
Wi-Charge is a long-range wireless power company founded to enable automatic charging of phones and other smart devices. Our patented infrared wireless power technology can safely and efficiently deliver several watts of power to client devices at room-sized distances. It gives end-users the freedom they crave, and product designers the power they need to usher in the next generation of mobile smart devices. Advancing beyond batteries and power cords, Wi-Charge delivers the future of power. For additional information, please visit http://www.wi-charge.com or follow us on LinkedIn.
Contact:
Merrill Freund
merrill@freundpr.com
415-577-8637
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SOURCE Wi-Charge | https://www.mysuncoast.com/prnewswire/2022/05/19/wi-charge-charter-house-innovations-launch-first-over-the-air-wirelessly-charged-displays-hospitality-industry/ | 2022-05-19T14:09:53Z |
PITTSBURGH, May 31, 2022 /PRNewswire/ -- "I wanted to provide individuals with enhanced comfort while praying, meditating or reading religious texts at home," said an inventor, from Peoria, Ill., "so I invented the PERSONAL PRAYER CLOSET. My design would offer a peaceful space that is free of distractions."
The invention provides a tranquil location for praying, reading or meditating. In doing so, it helps to eliminate distractions. It also could enhance physical comfort and spiritual inspiration and it could inspire religious conversation. The invention features a unique design that is easy to set up and use so it is ideal for religious households. Additionally, it is producible in design variations.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-AVZ-1521, 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.wibw.com/prnewswire/2022/05/31/inventhelp-inventor-develops-tranquil-prayer-space-homes-avz-1521/ | 2022-05-31T18:32:49Z |
Commitments made to United Negro College Fund, Kingsborough Community College (NY), Lee College (TX) and Youth Guidance
Empower share class surpasses $6b in AUM, MDI relationships grow to eleven
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- J.P. Morgan Asset Management today announced a $1 million dollar commitment to support underserved students through commitments made by the Empower and Community Development Fund, a Donor-Advised Fund established by J.P. Morgan Investment Management Inc. (and administered by the Chicago Community Trust), to the United Negro College Fund (UNCF) and Youth Guidance, as well as to support single mothers through Kingsborough Community College in Brooklyn, New York and Lee College in Houston, Texas.
This announcement, part of J.P. Morgan Asset Management's February 2021 commitment to make a donation of 12.5% of its annual gross revenue received from the management fees on the Empower money market share class assets to the Empower Community Development Fund, a Donor-Advised Fund that is committed to supporting community development, aligns with the firm's broader commitment to preparing people for the future of work and closing the racial wealth gap.
- UNCFs mission is to help minority students attend college, thrive, graduate and become leaders by offering scholarships and financial support. The firm has worked closely with UNCF to help build capacity for HBCUs and increase student success through increased access to critical resources like career pathways programming and skills development.
- Youth Guidance creates and implements school-based programs that enable children to overcome obstacles, focus on their education and succeed in school and in life, and partners with the firm's The Fellowship Initiative in Washington D.C. to provide hands-on academic, social and emotional support to young men of color in high school.
- Women on the Move Hardship Fund grants are designed to provide financial support to community college students who are single moms, in addition to support services around career development and financial health.
Through comprehensive youth development and post-secondary pathways programs for young men of color like The Fellowship Initiative, and continued career pathways programming through UNCF and community college investments, the firm has demonstrated its commitment to supporting young people and women of color to access promising and fruitful economic futures. In 2019, JPMorgan Chase announced its $350 million, global commitment to preparing young people for the future of work through skills development, mentorship and training and expanding access to opportunity. This new commitment builds on these efforts.
"We launched Empowering Change in 2021 to connect institutional investors and diverse financial institutions to drive systemic change within underserved communities, and we're incredibly proud to be committing $1 million as the program's first annual donation to further this mission in collaboration with these long-standing partner organizations," said Paula Stibbe, Head of Global Liquidity, Client at J.P. Morgan Asset Management.
The Empower share class, offered across the firm's money market funds, was established as part of the Empowering Change program for exclusive distribution by MDIs and diverse-led CDFIs, allowing institutional clients to support MDIs and diverse-led CDFIs and further their ESG commitments.
The Empowering Change program has achieved a number of significant milestones since launching in February 2021:
- Empower share class surpassed $6 billion in assets under management (as of 7/20/22)
- MDI relationships grew from four to eleven, including the first two Latino-owned institutions, Rio Bank and Sunstate Bank:
- Significant blue-chip institutional investment in Empower share class across a diverse range of industries, including an investment from the National Football League
"The NFL is proud that our participation in the Empower share class has exceed $100 million and we commend J.P. Morgan on its leadership in this initiative that is having such a positive impact in underserved communities," said Joe Siclare, EVP, Finance and League Policy at the National Football League.
"UNCF is immensely grateful to JPMorgan Chase for its leadership and stellar support in helping students from underserved communities achieve their dreams of going to and through college by providing emergency funding assistance at a time when they need it the most. The financial gifts are making a tremendous difference in the lives of these students," said Maurice E. Jenkins, Jr., executive vice president and chief development officer, UNCF.
"Unity National Bank has a long history promoting community economic growth and stability, and J.P. Morgan's Empower share class has helped us further these efforts by providing new opportunities to serve major institutional clients," said Kwame Nkrumah Cain, Head of Strategic Initiatives and Investor Relations, Unity National Bank. "We are encouraged by the efforts of institutions like J.P. Morgan to partner with organizations like Unity National Bank to expand economic opportunities and build resilient communities."
"In a little over twelve months our Empower share class has not only surpassed $6 billion in assets under management but has attracted investments from some of America's most highly regarded companies, which is testament to the appeal of pioneering initiatives like Empowering Change to help advance racial equity. By expanding the number of MDI partners we're working with, we've also ensured that the program is reaching more underserved communities across the country, and we look forward to continuing to build the program in the years to come," concluded Paula Stibbe, Head of Global Liquidity, Client at J.P. Morgan Asset Management.
In addition, as part of the Firm's broader Racial Equity Commitment, JPMorgan Chase has invested more than $100 million in 16 diverse-owned and led financial institutions that collectively serve more than 90 communities across 19 states and the District of Columbia. The firm has also waived Chase ATM fees for MDI customers and is providing ongoing training and support from the firm's Advancing Black Pathways Fellows and Service Corps programs. To learn more about how JPMorgan Chase is working to bridge the racial wealth gap, visit www.jpmorganchase.com/racialequity
J.P. Morgan Asset Management, with assets under management of $2.5 trillion (as of 6/30/2022), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.
J.P. Morgan Asset Management is the marketing name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorgan Chase had $3.8 trillion in assets and $286.1 billion in stockholders' equity as of June 30, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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SOURCE J.P. Morgan Asset Management | https://www.wibw.com/prnewswire/2022/08/01/jp-morgan-asset-management-commits-1-million-support-economic-opportunity-underserved-youth-single-mothers-part-empowering-change-program/ | 2022-08-01T13:19:04Z |
Health care workers to be celebrated with free drink at Scooter’s
TOPEKA, Kan. (WIBW) - Scooter’s Coffee will help nurses and health care workers fuel their day with a free drink on Friday.
Scooter’s Coffee says in honor of Nurse and Healthcare Appreciation Day on Friday, May 6, those who work in the health care field may stop by for a free drink of any size.
“Nurses and healthcare workers have been going above and beyond in their communities—especially since the COVID-19 pandemic began. We notice their efforts to keep us safe and healthy and want to show a small token of our appreciation for their resiliency and compassion,” said Bill Black, Chief Marketing Officer at Scooter’s Coffee.
Scooter’s said the commitment and sacrifices from health care heroes reflect its values of integrity, love, humility and courage.
To show gratitude for everything they do, Scooter’s said it will treat nurses and health care workers to a free drink crafted with love at participating locations. The offer will be valid for one per customer with a health care ID. The offer is not eligible to those who order ahead.
Scooter’s said drinks include specially espresso-based drinks, energizing Quenchers, fruit smoothies, teas and more.
To view Scooter’s full menu, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/05/health-care-workers-be-celebrated-with-free-drink-scooters/ | 2022-05-05T14:57:43Z |
Training camps opened across the NFL and the biggest offseason question remains unanswered.
The Cleveland Browns still don’t know how many games they’ll be without Deshaun Watson, who is still waiting for retired judge Sue L. Robinson to issue a ruling following his disciplinary hearing that concluded nearly four weeks ago.
The league and the NFL Players’ Association requested a decision by the start of training camp, according to a person familiar with the process who spoke to The Associated Press on condition of anonymity because the discussions are private. Robinson, who was jointly appointed by the league and the union, had no obligation to meet that deadline. Representatives are hopeful a decision comes this week.
Watson was accused of sexual misconduct by 24 women and has settled 20 of the civil lawsuits. Two separate Texas grand juries declined to indict Watson on criminal complaints stemming from the allegations.
The Browns, along with 27 other teams, welcomed their veterans on Tuesday as each of the 32 teams have now kicked off camp. Watson reported to his first camp with Cleveland last week along with veteran backup Jacoby Brissett, the team’s presumed starter if there is a suspension. The Browns also signed Josh Rosen last week as more quarterback insurance.
Watson should be on the field for the team’s first full-squad practice Wednesday. There was an amusing moment on Monday when the three-time Pro Bowl quarterback was seen walking in full uniform across the street in front of the Browns’ training facility to take part in a photo shoot.
Other top questions around the NFL that still need to be addressed in training camp:
WHERE’S JIMMY G GOING? The San Francisco 49ers made it clear Trey Lance will be the starting quarterback and they’re moving on from Jimmy Garoppolo, who led them to a Super Bowl appearance following the 2019 season and nearly another one last season. The Niners have to trade or release Garoppolo before Week 1 to avoid having his $24.2 million base salary become fully guaranteed. Garoppolo would’ve been moved already if it weren’t for his offseason shoulder surgery.
“This is Trey’s team. That’s nothing against Jimmy,” 49ers coach Mike Shanahan said. “We made that decision a year ago and we’re not going to mess around with that anymore. … Jimmy understands that fully. He’s a big guy and it’s nothing against him. It’s a business decision.”
BAKER OR SAM? The Carolina Panthers acquired Baker Mayfield from the Browns earlier this month and plan to let him compete with Sam Darnold for the starting quarterback job. Mayfield, the No. 1 overall pick in 2018, has been more successful than Darnold, who was the third pick by the Jets in the same draft.
Panthers coach Matt Rhule isn’t going to rush a decision.
“Anytime you put timelines on things, you end up rushing to make bad decisions,” Rhule said. “To me this is about being in the moment but not making rash judgements. Guys are going to have good days and bad days. When we know, we know.”
WHEN DOES LAMAR GET PAID? The Baltimore Ravens still haven’t locked Lamar Jackson into a long-term contract extension but the two sides have been talking. Jackson, the 2019 NFL MVP, saw his value increase after the Cardinals gave Kyler Murray a deal worth up to $230.5 million with about $105 million guaranteed at signing and $160 million guaranteed for injury. Jackson doesn’t have an agent, which could impact negotiations. It wasn’t a factor for his rookie deal because the collective bargaining agreement predetermines the money in each draft slot. This contract is far more lucrative.
ARE THEY HEALTHY? Saints quarterback Jameis Winston, Buccaneers wide receiver Chris Godwin, Ravens running back J.K. Dobbins are among more than 50 players returning from ACL injuries. Panthers running back Christian McCaffrey played only seven games last season because of hamstring and ankle injuries. Titans star running back Derrick Henry missed nine games with a foot injury before playing in the team’s playoff loss to the Bengals. Cowboys receiver Michael Gallup, Ravens running back Gus Edwards, Titans receiver Robert Woods, Packers tight end Robert Tonyan are also coming back from ACL surgery. Saints star wideout Michael Thomas missed 2021 because of a severe ankle injury, and Vikings receiver Adam Thielen had ankle surgery in December.
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AP Pro Football Writer Josh Dubow and AP Sports Writers Tom Withers and Steve Reed contributed.
___
Follow Rob Maaddi on Twitter at https://twitter.com/robmaaddi and his work can be found at https://apnews.com/search/robmaaddi
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More AP NFL coverage: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/nfl-teams-open-camp-with-biggest-question-still-unanswered/ | 2022-07-27T18:05:09Z |
Cheez-It® defies cheez-pectations once again to create limited edition Cheez-It x Pandora® 'Aged by Audio' crackers
BATTLE CREEK, Mich., May 17, 2022 /PRNewswire/ -- It's no secret Cheez-It® will go to absurd lengths to bring the world new ways to enjoy its snacks made with 100% real cheese. So, when the brand came across an obscure Swiss study* that found aging cheese to hip-hop music could strengthen the taste and smell, Cheez-It couldn't help but put its own spin on the findings with the release of new, limited-edition Cheez-It x Pandora® Aged by Audio crackers.
The study suggests that the tempo and sonic frequency of certain hip-hop songs could take the classic, absurdly satisfying flavor of your favorite crunchy snack made with 100% real cheese to the next level. Cheez-It enlisted the help of the music and sonic experts at Pandora to find hip-hop songs with similar attributes to those from the study and create the first-ever sonically-aged snack made with 100% real cheese – aged to music by iconic hip-hop artists. The limited-edition crackers combine the world's love of hip-hop, the brand's dedication to producing the world's best-tasting cheese snacks and Pandora's musical expertise to create a truly exclusive, one-of-a-kind snacking experience.
"After six months in the making, we're thrilled to finally share this absurdly delicious collaboration with our fans," said Erin Storm, senior marketing director of Cheez-It. "Our innovations team is always exploring new ways to bring more unique experiences to our fans, and Cheez-It x Pandora Aged by Audio is the perfect way to provide our dedicated fans with a truly first-of-its-kind snack while celebrating the joy music brings."
Even cheddar? Cheez-It is releasing a limited run of exclusive Cheez-It x Pandora Aged by Audio boxes on CheezItHQ.com on May 26 at 12 p.m. ET. Fans can also access the Aged by Audio mixtape, which was curated by the music and sonic experts at Pandora to have an effect on the flavor intensity of the cheese using the unique vibrations of hip-hop music while it aged for six and a half months in a secure location. The mixtape will be available on May 26 via a link to Pandora on CheezItHQ.com, or directly on the Pandora app and Pandora.com. Flavor fans will have a chance to taste test the research for themselves and see if they would have picked the same hip-hop hits to age the Cheez-It cheese we all know and love.
Who better to help introduce fans to the first-ever hip-hop-infused snack than executive producer, SiriusXM radio host and Cheez-It lover Sway Calloway? To celebrate the launch of Cheez-It x Pandora Aged by Audio, Cheez-It is collaborating with Sway to release his exclusive new YouTube series, "Living Legendz." The new series features interviews with hip-hop icons who've changed the industry, providing their thoughts on how hip-hop music has impacted the world – not just our cheese. Tune in on Calloway's YouTube, Instagram and Twitter channels to hear from hip-hop's very own "Living Legendz" starting May 26.
"This collaboration is the perfect mix of my favorite things: hip-hop music, wild innovation and Cheez-It," said Calloway. "Hip-hop has influenced many lives, so I'm looking forward to seeing if fans can taste the effect of the most beloved genre of music in the world on these crackers."
For the ultimate tasting experience, Cheez-It is offering a free 90-day Pandora Premium trial offer to eligible customers with the purchase of the limited-edition Cheez-It x Pandora Aged by Audio product. Plus, super-snackers can earn free shipping by adding optional Cheez-It branded swag – from headphones to new bucket hats to crewneck sweatshirts and t-shirts.
Can you taste the difference of hip-hop? Grab a limited-edition box of Cheez-It x Pandora Aged by Audio and check out the mixtape by clicking on the Pandora link on CheezItHQ.com starting May 26 at 12 p.m. ET, while supplies last. Act fast, as it might sell out before your favorite song is over! Don't forget to follow @CheezIt on your favorite social media platform to share your thoughts using #AgedByAudio.
At Kellogg Company (NYSE: K), our vision is a good and just world where people are not just fed but fulfilled. We are creating better days and a place at the table for everyone through our trusted food brands. Our beloved brands include Pringles®, Cheez-It®, Special K®, Kellogg's Frosted Flakes®, Pop-Tarts®, Kellogg's Corn Flakes®, Rice Krispies®, Eggo®, Mini-Wheats®, Kashi®, RXBAR®, MorningStar Farms® and more. Net sales in 2021 were nearly $14.2 billion, comprised principally of snacks as well as convenience foods like cereal, frozen foods, and noodles. As part of our Kellogg's® Better Days ESG strategy, we're addressing the interconnected issues of wellbeing, climate and food security, creating Better Days for 3 billion people by the end of 2030. Visit www.KelloggCompany.com.
Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. Pandora provides consumers a uniquely-personalized music and podcast listening experience with its proprietary Music Genome Project® and Podcast Genome Project® technology. Pandora is also the leading digital audio advertising platform in the U.S. Through its own Pandora service, its AdsWizz platform, and third party services, such as SoundCloud, the Company connects brands to the largest ad-supported streaming audio marketplace in the country. Pandora is available through its mobile app, the web, and integrations with more than 2,000 connected products.
*Bern University of the Arts in Bern, Switzerland, Cheese in Surround Sound, a culinary experiment, March, 2019
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SOURCE Kellogg Company | https://www.mysuncoast.com/prnewswire/2022/05/17/cheez-it-teams-up-with-pandora-create-first-ever-sonically-aged-cheese-snack-using-music-iconic-hip-hop-artists/ | 2022-05-17T13:06:36Z |
Innovative technology and emotional wellbeing program converge to educate, empower teens, and normalize mental health conversations.
LANCASTER, Pa., Aug. 25, 2022 /PRNewswire/ -- Advanced Metrics and Samaritan Counseling Center today announced the release of QUALO Behavioral Health, a cloud-based software designed to proactively screen teens for mental and emotional wellbeing.
- In the 21-22 school year, Samaritan's screening program, TeenHope, found that over 34% of all students screened had thoughts of suicide or self-harm within two weeks of their screening date.
- According to SAMHSA, in 2020, 1 in 3 high school students experienced persistent feelings of sadness or hopelessness and more than half a million youth made a suicide attempt. These numbers have continued to rise over the past two years.
As a result, QUALO Behavioral Health offers a proactive rather than reactive solution.
"An easy to implement mental health screening strategy gives schools a targeted opportunity to engage and empower students who need connected to community resources because they are struggling with feelings of depression, anxiety, and suicidal thoughts." Steve Schedler, Samaritan Counseling
QUALO Behavioral Health software revolutionizes teen mental health screening by innovatively simplifying the entire screening process. The software guides youth through industry standard screening tools to understand their current emotional wellbeing. Mental health professionals are immediately provided with data supporting an "at-risk" or "not at risk" identification and are guided through an intentional follow-up process.
"With the mental health crisis facing teens today, we knew it was critical to develop a software that supports teen's mental well-being and normalizes conversations about mental health. We designed this software so schools can implement it independently or through collaboration with an outside agency. Either way, the platform will support students, inform administrators, and enhance any mental health strategy a school is implementing." Steven Herr PhD, Advanced Metrics
To learn more about QUALO Behavioral Health features and implementation go to: advancedmetrics.net/mental-health-screening
Advanced Metrics is a Software as a Service (SaaS) company dedicated to improving the health of individuals and communities through science informed software and human centered data analysis. Advanced Metrics designed QUALO, a comprehensive web-based solution, to empower human service organizations to deliver services that generate quality life outcomes.
TeenHope is a student mental and emotional wellbeing education and screening program in Lancaster, PA. TeenHope is supported by Samaritan Counseling Center, which provides professional counseling, consultation and education for individuals, couples, businesses, and clergy.
Media contact:
Kate Gallagher
hello@ametrics.org
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SOURCE Advanced Metrics | https://www.kxii.com/prnewswire/2022/08/25/software-identifies-unreported-mental-health-issues-teens/ | 2022-08-25T20:36:00Z |
Leading file system for video post-production and streaming applications now deploys in minutes on AWS, enabling simple remote access for collaborative video editing in the cloud
SAN JOSE, Calif., Sept. 8, 2022 /PRNewswire/ -- Quantum® Corporation (NASDAQ: QMCO), the leader in solutions for video and unstructured data, today announced the immediate availability of Quantum's StorNext™ file system as a subscription offering in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that makes it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). AWS Marketplace is one of the fastest ways to deploy StorNext shared storage and lets users connect from any location to edit video in the cloud as a team. Users can speed up post-production workflows by accessing data and collaborating remotely, eliminating the need to copy or transfer files between users.
"Today's announcement builds on the work Quantum and AWS have done to support customers in accelerating their journey to the cloud. This is the first time Quantum software is available for license and deployment on public cloud infrastructure, making it faster than ever to deploy and use StorNext," says Nick Elvester, general manager Primary Storage, Quantum. "Now our customers can quickly establish a shared storage environment in the cloud for creative users and easily move data between their on-premises and cloud StorNext environments to respond to new production demands."
StorNext is offered in a subscription model through AWS Marketplace without the need for hardware infrastructure buildout, custom configuration, or client software installation. This represents another step in Quantum's cloud strategy to meet customers' needs for agile production storage content operations which now includes StorNext, ActiveScale™ object storage systems supporting AWS Outposts, and Quantum's leading position in providing cold storage infrastructure to some of the world's largest hyperscalers.
StorNext in AWS Marketplace Availability
StorNext in AWS Marketplace is available in a choice of subscription periods in four configurations, starting at a complete StorNext environment of 12 terabytes (TB) of capacity. Each deployment can supplement existing StorNext installations in a hybrid model or as a fully cloud-based model to respond to emerging needs and requirements from customers and partners.
Each StorNext solution features a complete StorNext shared storage environment and includes:
- StorNext file system deployments in a choice of configurations from 12TB to 62.5TB, with pre-configured, ready-to-use StorNext services to manage and monitor clients, storage volumes, and data movement services such as Quantum FlexSync™ and FlexTier™.
- A range of subscription plans from monthly to multiple-year contracts to accommodate customer OPEX budgets. Usage-based consumption models count toward customer negotiated AWS Enterprise Discount Program (EDP) purchase commitments.
- Availability as a private offer from authorized Quantum and AWS Consulting Partners like Integrated Media Technologies and ThunderCat for custom pricing and other services.
- Efficient support of Amazon Simple Storage Service (Amazon S3) for bulk data storage, along with Amazon Elastic Compute Cloud (Amazon EC2) and Amazon Elastic Block Store (Amazon EBS).
- Easy connection via SMB with no client software installation or configuration required.
- Optional Quantum Distributed LAN Client (DLC) available at no additional cost to give a native platform file-system experience on macOS, Windows, and Linux clients.
- Optional tiering of data and content from StorNext volumes to Amazon S3, Amazon S3 Glacier, or other AWS storage services.
"We have long been a trusted architect of StorNext workflows on physical and converged appliances. Now, as an AWS Consulting Partner we have a range of deployment options to offer StorNext environments on AWS to help customers respond to and plan for any data workflow, analysis, or protection need," said Nic Perez, chief technology officer for cloud at ThunderCat Technology.
"AWS Marketplace helps customers innovate faster and procure solutions more easily," said Mona Chadha, director AWS Marketplace and ISV Alliances. "Having Quantum's StorNext in AWS Marketplace will allow customers to build highly agile data and content workflows on AWS, addressing critical business needs and accelerating time to market."
Quantum's StorNext in AWS Marketplace is available immediately, and will be on display at IBC 2022 in Amsterdam, September 9-12 in Stand 7.C39. Customers also can purchase professional services offerings bundled with StorNext in AWS Marketplace from Quantum resellers and AWS Consulting Partners like Integrated Media Technologies, Inc. (IMT) and ThunderCat. For more information, visit www.quantum.com.
Forward-Looking Statements
The information provided in this press release may include 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 ("Exchange Act"). These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements about the anticipated benefits and features of Quantum's StorNext file system and its availability as a subscription offering in the Amazon Web Services (AWS) Marketplace Quantum F2100 as well as our business prospects, changes and trends in our business and the markets in which we operate.
These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements.
These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: the potential impact of the COVID-19 pandemic on our business, including potential disruptions to our supply chain, employees, operations, sales and overall market conditions; the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; whether the market for active and cold data storage develops as anticipated and whether our products meet the developing needs of this market; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the Securities and Exchange Commission, including our Form 10-K filed with the Securities and Exchange Commission on June 8, 2022 and our Form 10-Q filed on August 4, 2022. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.
Media Contact:
Sara Beth Fahey
Matter Communications
quantum@matternow.com
401.351.9507
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SOURCE Quantum Corp. | https://www.kxii.com/prnewswire/2022/09/08/quantum-stornext-file-system-now-available-aws-marketplace/ | 2022-09-08T16:50:19Z |
Partnership Enables Seamless Purchase Journey for Indian Motorcycle and Polaris Slingshot Consumers and Dealers
NEW YORK, May 19, 2022 /PRNewswire/ -- Octane® (Octane Lending Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, and Joydrive, a leader in ecommerce and innovative technology, have teamed up with Polaris to deliver a seamless, digital-to-retail shopping experience for the Indian Motorcycle® and Polaris Slingshot brands.
Beginning today, customers can benefit from an easy, end-to-end experience when shopping for Indian Motorcycles or Polaris Slingshot vehicles from the comfort of their own homes; they can instantly prequalify for financing via a soft credit pull with Octane Prequal, value their trade, indicate interest in Finance and Insurance products and accessories, and more before visiting a nearby dealership to complete their purchase.
"This is the perfect application of Joydrive technology," said Hunter Gorham, Founder and CEO of Joydrive. "Through this partnership, we've been able to leverage the combined expertise of three great companies to make the buying process more seamless for both the customer and dealer."
"We're excited to strengthen our industry leadership in digital retailing alongside Polaris and Joydrive as we continue to make buying fast, easy, and accessible," said Mike Dushane, Chief Product Officer at Octane. "Octane Prequal uses cutting-edge technology and innovative risk strategies to connect people with their passions and fuel our customers' lifestyles."
Take advantage of this new experience by visiting Indianmotorcycle.com or slingshot.polaris.com.
About Octane:
Octane® offers access to instant financing to fuel your lifestyle. Octane dramatically simplifies and accelerates the transaction process for major recreational purchases such as motorcycles, ATVs, and zero-turn lawn mowers by adding value at each stage of the buying journey. Octane offers automated underwriting, innovative credit products, and financing, through its in-house lender Roadrunner Financial, Inc.®. Octane reaches millions of enthusiasts through its editorial brands like Cycle World® and UTV Driver® and helps consumers buy their favorite products by pre-qualifying them on dealer and OEM websites. Octane is revolutionizing lending in underserved verticals within markets that account for tens of billions of dollars in annual transactions.
Octane is a remote-first fintech company with offices in NYC and Dallas and over 500 employees. In August 2021, Octane announced it raised $52 million in Series D funding bringing the company's valuation to over $900 million with more than $192 million in total equity funding raised to date. Visit www.octane.co.
Octane Contacts:
Media Relations:
Shannon O'Hara
Press@octane.co
Investor Relations:
Kartik Kothari
IR@octane.co
About Joydrive:
Joydrive (http://www.joydrive.com) is an agile Tech company building ecommerce, digital retail and other innovative solutions for top OEMs, Finance companies and dealers, such as Toyota, Subaru, GM, Polaris, Indian Motorcycle, etc. Joydrive established the first ecommerce marketplace for customers to buy and sell both new and pre-owned vehicles without visiting a dealership. Across numerous industry categories, Joydrive's platforms enable customers to complete the entire buying or selling process online, on their own time and at their own pace. With financing and trade-ins built directly into the mobile-friendly platform, with accessories and insurance products available, with home delivery, customers experience a seamless, transparent, and worry-free purchasing transaction. Joydrive industries include automotive, powersports, motorcycle, and others coming soon.
Joydrive Contacts:
Media Relations:
press@joydrive.com
Business Inquiries:
partnerships@joydrive.com
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SOURCE Octane | https://www.mysuncoast.com/prnewswire/2022/05/19/octane-joydrive-partner-with-polaris-launch-digital-to-retail-buying-experience/ | 2022-05-19T14:06:44Z |
SAN JOSE, Calif., June 27, 2022 /PRNewswire/ -- [24]7.ai, Inc., a recognized leader in Omnichannel conversational AI and contact center services; announced today that it has received the "BPO of the Year" award at the CCW Excellence Awards in Las Vegas. The award was presented to [24]7.ai by Customer Contact Week, the largest customer event in the world.
Hosted by Arise Virtual Solutions, the CCW Excellence Awards Gala celebrated individuals and teams committed to driving superior contact center and CX excellence on Tuesday, June 21.
As a recipient of this award, [24]7.ai redefines the standard for strategic partnership evidenced through world-class service and exemplary efficiency. The winner is also evaluated based on their ability to:
- Train multi-skilled agents that align with the client's culture
- Act as a strategic partner to clients
- Scale operations per client needs, particularly throughout the COVID-19 pandemic
- Drive performance through key client success metrics
In addition to the award, [24]7.ai announced its decisive expansion into the contact center as a service (CCaaS) market. [24]7.ai's ready-made CCaaS platform provides a mix of proven features and functions infusing conversational AI at scale with new capabilities like a new agent workspace for voice and video conversations, intelligent routing for voice and digital agents – all built by agents for agents.
In response to this award recognition Lisa Matherly, SVP of Marketing for [24]7.ai said, "we are thrilled to be recognized by CCW. At our core, we want to make it easy for brands and consumers to connect, making this process more effective and cost-efficient. Being named BPO of the Year at the CCW Excellence awards demonstrates our promise and dedication to always strive for outperformance on all dimensions, especially in our contact center service offerings. This award is for the thousands of agents in our contact centers around the world who show up every day to deliver amazing customer experiences on behalf of our clients."
Learn more about [24]7.ai here.
Follow us on Twitter: @247ai and LinkedIn: https://www.linkedin.com/company/24-7-ai
Visit us on Facebook: https://www.facebook.com/247US
[24]7.ai uses artificial intelligence, human insight, and deep vertical expertise to produce personalized, consistent, and satisfying customer experiences. The company's advanced conversational AI platform, combined with more than 20 years of contact center operational expertise, empowers the world's largest and most recognizable brands to deliver natural, frictionless conversations across all digital and voice channels. For more information, visit http://www.247.ai.
[24]7™ and [24]7.ai™ are trademarks of [24]7.ai, Inc. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.
Contact
Tejiri Ohwahwa
media@247.ai
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SOURCE [24]7.ai | https://www.mysuncoast.com/prnewswire/2022/06/27/247ai-wins-ccw-excellence-award-bpo-year/ | 2022-06-27T13:05:47Z |
Hiring software leader sponsoring premiere recruiting event, EMEA General Manager will deliver Talent Makers session
LONDON, June 30, 2022 /PRNewswire/ -- Greenhouse, the hiring software company, today announced the company will be at RecFest UK 2022 in Knebworth on 7th July for the first time as both a sponsor and speaker, hosting a session on Talent Makers. In addition to being a Brand Champion sponsor at the event, Greenhouse will also have an engaging activation with a company stand and cocktail bar, welcoming event attendees to meet the Greenhouse team and learn more about how to hire for what's next.
Greenhouse EMEA General Manager, Colm O'Cuinneain, will host a session on Employer Brand Stage – Embracing the Talent Makers mindset: How to build a culture of great hiring. In this session, Colm O'Cuinneain will share how organisations win through a structured, inclusive and collaborative hiring process. He will also share the framework for talent making, and tips for developing exceptional talent strategies that lead to great teams. The session is available to all RecFest UK attendees.
"We have seen massive growth in our EMEA customer base with 1,000 companies using Greenhouse, and we are thrilled to get together in person with the hiring community at RecFest this year," said Colm O'Cuinneain, Greenhouse EMEA General Manager. "Hiring and work in general is undergoing a seismic shift right now, and it has never been more important for leaders and hiring teams to get it right. It starts with a structured process and with taking on a Talent Maker mindset to impress candidates and make the process as fair and seamless for everyone involved as possible. That's what I'm going to be digging into on the RecFest stage."
Embracing the Talent Makers mindset: How to build a culture of great hiring
The ability to find, attract and hire the right people has become more competitive and more vital to business growth than ever before, demanding that the entire organisation engages in hiring. That's where the Talent Makers come in - the hiring heroes and business leaders who are changing the way organisations prioritise and invest in Talent. These people-first companies are the ones that will win in their markets. In this session, Colm O Cuinneain will share how winning organisations win through a structured, inclusive and collaborative hiring process. He'll share the framework for talent making, and tips for developing exceptional talent strategies that lead to great teams. From your hiring strategy, to your employer brand, right through to your candidate experience, talent making is both a process and a mindset across your organisation. Colm draws from his own journey of scaling Greenhouse Software in EMEA, exploring how being a Talent Maker means being a hiring hero who makes the difference.
- Strategies for wrangling chaos in your hiring process
- Tools for being a catalyst for change in attracting & retaining talent
- How taking on a Talent Maker mindset will enable your organisation to become a people-first company
- An understanding of what it takes to be an exceptional Talent Maker and hiring partner
- A measurable, inclusive process for great hiring
- Strategies to reduce bias in hiring
- Tools and practices to deliver more value to your business partners
Over 3,500 talent acquisition and resourcing leaders attend the RecFest festival for an all-day experience of learning and connecting with peers and hiring experts in a fun, outdoor environment.
For more information on Greenhouse's presence at RecFest 2022, visit our blog.
Greenhouse is the hiring software company. We help businesses become great at hiring through our powerful hiring approach, complete suite of software and services, Hiring Maturity™ methodology and large partner ecosystem – so businesses can hire for what's next.
Based in New York City with offices in San Francisco, Denver and Dublin, Greenhouse has 700 employees around the world supporting over 7,000 customers. Some of the smartest and most successful companies like HubSpot, Buzzfeed, J.D. Power, Booking.com, Scout24 and The Knot Worldwide use the Greenhouse hiring software platform to improve all aspects of hiring, helping them to attract top talent.
Greenhouse has won numerous awards including Inc. Magazine Best Workplace (2018 – 2022) and Glassdoor #1 Best Place to Work, Forbes Cloud 100, Deloitte Technology Fast 500, Inc. 5000, Crain's Best Places to Work NYC and Mogul's Top 100 Workplaces for Diverse Representation (2022).
© 2021, Greenhouse Software, Inc. All rights reserved. "Greenhouse Hiring Maturity", "Talent Makers", and the G Logo are trademarks of Greenhouse Software, Inc.
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SOURCE Greenhouse | https://www.wibw.com/prnewswire/2022/06/30/greenhouse-debuts-recfest-uk-2022/ | 2022-06-30T12:32:51Z |
WASHINGTON (Nexstar) — Democrats in Congress have introduced a slew of new legislation to try to restore access to abortion nationwide and protect access to contraception, as Conservative states eye restrictions beyond abortion.
Republicans on Capitol Hill deny that new abortion restrictions put women’s lives in danger.
“Every state abortion law triggered by overturning Roe includes an exception to save the life of the mother,” said Kansas Senator Rodger Marshall.
But Democrats, like Senator Patty Murray, say the new legal uncertainty is putting women in danger as health care providers try to avoid breaking the law.
“Some have already been instructed to observe patients until they have unstable vital signs before acting. That is absolutely barbaric,” she said.
Democrats vow to fight to re-instate abortion rights by passing an updated version of the Women’s Health Protection Act in the House.
“Next, the Senate must act and we should not let filibuster rules stand in the way,” said State Rep. Carolyn Maloney (D-N.Y.).
Because it’s unlikely Democrats have enough support to change the rules in the Senate, they plan to call for unanimous consent on a bill to protect women who travel out of state for an abortion. Republicans are likely to block the measure.
Democrats also have several bills aimed at protecting access to contraception, something Marshall says is unnecessary.
“Here’s the myth, Republicans want to end contraception and family planning. Nothing could be further from the truth,” Marshall said.
But Democrats fear that state efforts to ban abortion from the moment of fertilization could result in outlawing emergency contraceptives, IUDs and IVF. | https://cw33.com/news/washington-dc-bureau/democrats-aim-to-restore-abortion-access/ | 2022-07-13T22:20:33Z |
Pomelo launches a new type of credit card that enables families in the US to extend their credit abroad while avoiding expensive remittance fees – an industry first
SAN FRANCISCO, Aug. 16, 2022 /PRNewswire/ -- Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to combine credit and international money transfer. Pomelo also announced its official launch and availability to serve its first corridor, the Philippines. Keith Rabois at Founders Fund as well as Kevin Hartz, Co-Founder of Xoom and General Partner, at A* Capital led the round with Afore Capital, Xfund, Josh Buckley, the Chainsmokers, and the Weeknd also investing in the round.
"Pomelo is on a mission to change how international money transfer fundamentally works," said Eric Velasquez Frenkiel, Pomelo founder and CEO. "Our goal is to help our customers establish their financial future here in the United States by building positive credit history with their existing remittance obligations, and to financially include their loved ones in emerging economies with access to modern financial instruments. For many of our customers, Pomelo is their first credit card here in the US and the very first card for their loved ones overseas."
Frenkiel brings entrepreneurship and engineering experience from his previous work at other startups. Prior to founding Pomelo, he co-founded Singlestore, now valued at over $1 billion, which he led as CEO from 2011 to 2017. A graduate of Stanford University's School of Engineering and early engineer at Meta, Frenkiel was previously named on the Forbes 30 under 30 list of technology innovators for Singlestore. Frenkiel founded Pomelo after many years of experiencing the challenges of money transfer firsthand.
The company also announced its official launch and availability of the product to serve the US-Philippines corridor. After several months in private beta, customers love the fact that the product is both free and personally beneficial.
"It's been a game changer for me. Pomelo is so much easier than sending money, and the instant feedback on my family's spending gives me peace of mind," said John Simbajon, a physical therapist who sends money to three family members in Bohol, Cebu, and Cagayan de Oro in the Philippines with Pomelo. "We've saved money with the real-time exchange rates and no transfer fees. Pomelo makes me the 'bank' for my family."
"When it comes down to it, banking is about trust," said Eric Sprink, Coastal Community Bank president and CEO. "Pomelo is weaving together expertise in financial technology with a true focus on the people at the heart of its business. Pomelo gives U.S. immigrants and their families an opportunity to build a financial future, which is why we were eager to be involved."
"It's amazing to me that something like Pomelo doesn't already exist," said Abel Tesfaye, also known as the Weeknd, who invested in the seed round. "Pomelo's focus on connecting families across borders and doing what's right by their customers is both powerful and refreshing. Investing in a company like that was a no-brainer."
Product
The Pomelo Mastercard is issued by Coastal Community Bank, pursuant to a license from Mastercard International, and features a mobile app available on both Android and iOS. U.S. citizens and permanent residents 18 years and older can apply for the Pomelo Mastercard and invite their loved ones abroad to join their family plan. Pomelo sends their loved ones a virtual card instantly and a physical card via courier delivery, enabling the convenience of shopping online and swiping at checkout instead of handling cash.
Pomelo ensures customers get the best real-time exchange rate for each purchase made with the Pomelo Mastercard, eliminating the need for tedious price hunting. Unlike traditional money transfer services that can charge up to 6% in transfer fees, Pomelo is paid by the merchant via interchange and daily foreign exchange rates, eliminating transfer fees for its customers.
For those with low or no credit, the company offers a secured version of their Pomelo Mastercard, which allows customers to establish or build credit with the funds they would normally remit.
"Establishing credit is critical to financial wellness in the U.S., but it is often challenging for new Americans," says Frenkiel. "Even when financial activity is conducted responsibly, individuals remain credit invisible unless it can be reflected on their credit score. Pomelo makes it possible to not only save up to several hundred dollars per year, but to be rewarded for helping family. That makes Pomelo a win-win outcome for our customers."
To apply for the Pomelo Mastercard, visit www.pomelo.com.
Media Contact
media@pomelo.com
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SOURCE Pomelo, Inc. | https://www.kxii.com/prnewswire/2022/08/16/new-fintech-launches-with-20-million-seed-capital-50m-warehouse-be-first-combine-credit-international-money-transfer/ | 2022-08-16T17:10:26Z |
EVANSTON, Ill. , June 21, 2022 /PRNewswire/ -- 160 Driving Academy launched their newest truck driving school in partnership with Ivy Tech Community College, located in South Bend, Indiana. The Grand Opening Event took place on June 15th, 2022, at the Ivy Tech Campus located at 220 Dean Johnson Blvd.
Notable attendees included CEO of 160 Driving Academies Steve Gold, Community Outreach Director Shay Davis of South Bend Mayor Mueller's Office, Ivy Tech Executive Director Matthew Presley, South Bend Chamber of Commerce Director of Member Relations, Mark McGill, and several leadership members from the respective organizations.
Commemorating the event, Steve Gold remarked, "This is very exciting for 160 Driving Academy as there are not enough truck drivers in the United States. We currently have forty students on the enrollment waitlist for the South Bend location. The wages for the starting truck driver are up thirty percent from where it was three to four years ago before the pandemic. So, trucking is an excellent place to start making money."
Matt Presley, Executive Director of Career Coaching and Employer Connections for Ivy Tech South Bend/Elkhart Campus, said, "The need for professional truck drivers in our region is substantial. This partnership helps to meet that demand with high-quality, safety focused training that prepares new drivers with the skills and licensure necessary to launch a career."
The event was replete with an on-site semi-truck to explore, notable remarks followed by a ribbon cutting ceremony, photo ops with Stu the Cub of the South Bend Cubs, and light bites and refreshments.
Overview of 160 Driving Academy CDL Training Programs in South Bend:
- Starting salaries for 160 Driving Academy graduates (on average) start at $65,000/annual, with tremendous growth potential
- Commercial Truck Driving is one of today's fastest growing career paths. Estimates predict 300,000 new jobs for CDL Holders.
- Technologically Driven: Our unique and data-driven programs focus deeply on driver safety and personalized analytics to provide our students with individual feedback and top of the line instruction via our proprietary App.
- Lifelong Career Support: We offer continuous job placement opportunities through our subsidiary company, Truckers Network.
160 Driving Academy is the nation's largest commercial driving school. As the fastest growing vocational school in the country, in 2022 alone, the Company will train over 35,000 students on how to safely operate a semi-truck across its 130-school system. 160 Driving Academy is licensed and operates in 43 states and each school is certified and licensed by the Federal Motor Carrier Safety Administration's Entry Level Driver Training Program. The 160 Driving Academy is integrated with over 400 Workforce offices nationwide to create jobs for unemployed and underemployed workers.
The 160 Driving Academy supplies the largest employers in the nation with an unparalleled level of recruiting, high-quality training, safety effectiveness, and driver analytics. Many of these employers have trusted the Company to provide the majority of their driving workforce.
160 Driving Academy's sister companies, the 160 Truckers Network, and the 160 Driver Score provide the most advanced job placement and compliance scoring capabilities in the industry.
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SOURCE 160 Driving Academy | https://www.mysuncoast.com/prnewswire/2022/06/21/160-driving-academy-launches-new-location-with-ivy-tech-south-bend/ | 2022-06-21T17:51:14Z |
Academy: Will Smith refused to leave Oscars after Rock slap
NEW YORK (AP) — The Academy of Motion Pictures Arts and Sciences on Wednesday said that Will Smith was asked to leave Sunday’s Oscar ceremony after hitting Chris Rock but refused to do so.
The academy’s board of governors met Wednesday to initiate disciplinary proceedings against Smith for violations against the group’s standards of conduct. The academy said disciplinary action for Smith could include suspension, expulsion or other sanctions.
Many have focused on why Smith was allowed to remain seated front row in the Dolby Theatre after the incident. On Wednesday, the academy suggested that it attempted to remove the actor from the audience.
“Things unfolded in a way we could not have anticipated,” the academy said. “While we would like to clarify that Mr. Smith was asked to leave the ceremony and refused, we also recognize we could have handled the situation differently.”
A representative for the academy declined to give specifics on how it tried to removed Smith. After Smith struck Rock in response to a joke about his wife, Jada Pinkett Smith, several stars including Denzel Washington, Bradley Cooper and Tyler Perry spoke with the 53-year-old Smith.
The academy said Smith has the opportunity to defend himself in a written response before the board meets again on April 18. The film academy earlier condemned Smith’s onstage assault of Rock, but it used stronger language Wednesday.
“Mr. Smith’s actions at the 94th Oscars were a deeply shocking, traumatic event to witness in-person and on television,” the academy said. “Mr. Rock, we apologize to you for what you experienced on our stage and thank you for your resilience in that moment. We also apologize to our nominees, guests and viewers for what transpired during what should have been a celebratory event.”
On Monday, Smith issued an apology to Rock, the academy and to viewers, saying “I was out of line and I was wrong.”
Rock, who had yet to respond publicly to the incident, performed stand-up Wednesday night in Boston. He was greeted by a thunderous standing ovation.
“How was your weekend?” began Rock who then cautioned the crowd that he didn’t have a lot to say yet about the Oscars, according to audio posted by the Hollywood trade outlet Variety. “I’m still kind of processing what happened”
A representative for Smith didn’t immediately respond to messages Wednesday regarding the academy’s latest moves.
Only a very small number of academy members have ever been expelled, including Harvey Weinstein, Roman Polanski, Bill Cosby and the actor Carmine Caridi, who was kicked out for sharing awards screeners.
Whoopi Goldberg, a member of the academy’s board of governors, said Monday on “The View,” “We’re not going to take that Oscar from him.” (Even Oscars won by expelled members haven’t previously been ordered to be returned.) Goldberg added that “nobody is OK with what happened”
Others from Sunday’s telecast also began speaking out. Co-host Wanda Sykes told Ellen DeGeneres in an interview to air April 7 that she felt physically ill after Smith slapped Rock. When he returned to his seat, Smith twice shouted at Rock to “keep my wife’s name out your (expletive) mouth.”
“I’m still a little traumatized by it,” said Sykes in a clip released Wednesday.
Within an hour, Smith was back on stage accepting the award for best actor for his performance in “King Richard.” Many in the Dolby Theatre gave him a standing ovation.
“I was like, how gross is this? This is the wrong message. You assault somebody and you get escorted out the building and that’s it. But for them to let him continue, I thought it was gross,” Sykes said. “I wanted to be able to run out (on stage) after he won and say, ‘Uh, unfortunately, Will couldn’t be here tonight.’”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/03/30/academy-smith-refused-leave-oscars-broke-conduct-code/ | 2022-04-01T19:10:19Z |
RYE, N.Y., Aug. 3, 2022 /PRNewswire/ -- Stanton Carpet Corp. ("Stanton"), a portfolio company of Dunes Point Capital, LP ("DPC"), has acquired Floors 2000, Inc. ("Floors 2000"). Located in Pensacola, FL, Floors 2000 is a designer and supplier of luxury vinyl plank and tile. Floors 2000 has a distribution facility in Pensacola, FL. For more information, please visit www.floors2000.com.
About DPC: DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. For more information, please visit www.dunespointcapital.com.
About Stanton: Headquartered in Woodbury, NY, Stanton is a leading designer and supplier of premium branded carpet, rugs and luxury vinyl plank. For more information, please visit www.stantoncarpet.com.
About Floors 2000, Inc. ("Floors 2000"): Located in Pensacola, FL, Floors 2000 is a designer and supplier of luxury vinyl plank and tile.
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SOURCE Dunes Point Capital, LP | https://www.mysuncoast.com/prnewswire/2022/08/03/dunes-point-capital-lp-announces-stanton-carpet-corps-acquisition-floors-2000-inc/ | 2022-08-03T13:10:54Z |
NASSAU, Bahamas, June 2, 2022 /PRNewswire/ -- 3Spine, Inc., a U.S. medical device company developing total joint replacement for the lumbar spine, today announced the appointment of Pierce Nunley, MD, to the company's Medical Advisory Board (MAB). The MAB appointment was made at the International Society for the Advancement of Spine Surgery (ISASS) meeting in the Bahamas. Dr. Nunley is Director of the Spine Institute of Louisiana in Shreveport, LA, chairman of the American Board of Spine Surgery, and an Associate Professor at LSU. He has served as the designated principal investigator (PI) on over 3o clinical research studies.
Dr. Nunley joins existing MAB members Domagoj Coric, MD, current ISASS President and national PI for 3Spine's real-world evidence fusion study, Jeff Goldstein, MD, ISASS past President and national PI for the upcoming BalancedBack IDE study, biomechanics researcher Avinash Patwardhan, Ph.D., and South African surgeons Dr. Louis Nel and Prof. Robert Dunn, who have each followed BalancedBack patients since 2007. Drs. Nunley, Coric, Goldstein, Patwardhan, Nel, and Dunn will guide 3Spine through the next phase of clinical research, teaching, and product commercialization.
"I am honored to be included in this pioneering group," said Dr. Nunley. "3Spine's total joint replacement has a real potential to change care for millions of people. We have a lot of work to do to get this to market, but I can tell you patients ask for lumbar motion in my practice every day. The potential is enormous."
"Pierce is a friend and a real technology leader," said Dr. Scott Hodges, co-founder and Medical Director of 3Spine. "He is one of the few surgeons I know who can look into the future and see change, who also has the scientific, business, and teambuilding experience to make it happen. There is a reason you see Pierce on so many projects, and I am thrilled that he is part of ours."
3Spine's MOTUS device, the implant used in the BalancedBack Total Joint Replacement procedure, replaces the function of the disc and facet joints through a posterior approach. The procedure broadly addresses leg pain, back pain, and spinal instability, while correcting posture and restoring freedom of movement and natural balance through reconstruction of the functional spinal unit. MOTUS was first used in South Africa in 2007 and designated a Breakthrough Device by the Food and Drug Administration in 2020. Phase 1 clinical outcomes are published. 3Spine's Phase II US clinical study is currently pending IDE approval.
3Spine is a new kind of healthcare company founded to vertically integrate the development, clinical research, and delivery of low back total joint replacement. 3Spine is headquartered in Chattanooga, TN, with research and development facilities in the Greater Boston area and clinical operations in the Cayman Islands.
www.3spine.com
Media Contact
Christopher Chafin, VP Media & Content, SweeneyVesty New York
chris.chafin@sweeneyvesty.com Tel. 718 530 4135
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SOURCE 3Spine | https://www.kxii.com/prnewswire/2022/06/02/3spine-inc-announces-medical-advisory-board-appointment/ | 2022-06-02T17:27:17Z |
ColorTokens Recognized for its Zero Trust, Micro-Segmentation, and Cloud Workload Protection in the 10th Annual Global InfoSec Awards at RSAC 2022
SANTA CLARA, Calif., June 6, 2022 /PRNewswire/ -- ColorTokens Inc., a leading innovator of the autonomous Zero Trust cybersecurity solutions, today announced that the company has been recognized in four categories of this year's Cyber Defense Magazine (CDM) Global Infosec Awards. These prestigious awards honor InfoSec innovators from around the globe.
ColorTokens was recognized in the following categories:
- Publisher's Choice Zero Trust Security
- Most Innovative Cloud Workload Protection
- Best Solution Zero Trust for Hybrid Enterprise
- Hot Company Micro-segmentation
"We're honored to be recognized by the most prestigious and coveted cybersecurity awards from Cyber Defense Magazine," said Rajesh Khazanchi, CEO and Co-Founder of ColorTokens. "At ColorTokens, we strive to provide the leading micro-segmentation and cloud workload security solution to the market and enable key initiatives such as Zero Trust. We are working tirelessly to help organizations improve their security posture from hybrid to the cloud and are thrilled to receive this recognition from Cyber Defense Magazine."
"We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cyber crime. ColorTokens is absolutely worthy of this these coveted awards and consideration for deployment in your environment," said Yan Ross, Editor of Cyber Defense Magazine.
We're thrilled to be a member of this coveted group of winners: http://www.cyberdefenseawards.com/
Please join us at the RSA Conference 2022 South expo hall Booth #1861 or celebrate our recognition with us virtually at https://www.rsaconference.com/usa.
About ColorTokens
ColorTokens Inc. is a leading innovator in SaaS-based Zero Trust cybersecurity solutions that provides global enterprises with a unique set of products and services for securing applications, data, and users across cloud and hybrid environments. Through its award-winning Xtended ZeroTrust™ Platform and context-aware machine learning-powered technologies, ColorTokens helps businesses accurately assess and improve their security posture dynamically.
As cloud adoption grows, traditional perimeters get redefined, and new attack vectors and threat actors materialize, corporations recognize their security posture needs to reflect their Zero Trust philosophy. ColorTokens' technology allows customers to achieve Zero Trust by using rich, meaningful contextual information about the application, microservice, or protected resource, so customers can apply Zero Trust with as secure of a perimeter as they can. ColorTokens' cloud-based SaaS platform can automatically deploy next-generation security controls and increase security posture dynamically without any new hardware, downtime, reboots, or changes to a client's existing systems.
For more information, please visit www.colortokens.com.
About CDM InfoSec Awards
This is Cyber Defense Magazine's tenth year of honoring InfoSec innovators from around the Globe. Our submission requirements are for any startup, early stage, later stage, or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service. Learn more at www.cyberdefenseawards.com
About the Judging
The judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking "What's Next?" so we are looking for best of breed, next generation InfoSec solutions.
About Cyber Defense Magazine
Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.
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SOURCE ColorTokens | https://www.kxii.com/prnewswire/2022/06/06/colortokens-named-four-time-winner-global-infosec-awards/ | 2022-06-06T17:25:34Z |
PLANO, Texas and NEW YORK, June 2, 2022 /PRNewswire/ -- RealManage, the third largest home owner association and condominium management company in the United States, and American Securities LLC, a leading U.S. private equity firm, today announced a strategic partnership that includes an investment from affiliates of American Securities to support RealManage's leading operations and to accelerate growth through acquisitions and branch openings.
RealManage was initially conceived in 2002 and launched in 2004 with the acquisition of a highly successful property management company in Austin, Texas. Today, RealManage has expanded from a single branch in Texas to serve over 3,000 communities across 19 states using a technology-first approach. RealManage continues to expand its geographic coverage and the offerings provided to the communities it serves. RealManage has acquired five highly successful community management companies year to date, expanding its operations in Southeast Florida, Colorado, and Arizona. Communities and community association managers are supported by CiraConnect, RealManage's central services group that includes all of its software, resident service center, financial management, collections, and disclosure functions.
"We were excited to partner with American Securities given its long-term focus, history of supporting entrepreneurs, and the vast array of resources they provide to accelerate growth," commented Chris O'Neill, Co-founder and Chief Executive Officer of RealManage. "This partnership will support RealManage's continued organic and inorganic growth, expansion of services, technology investment, and industry leading service for customers."
"We have been following the community association management industry for many years and have admired RealManage and the platform that Chris and his team have built over the last two decades," said Loren Easton, a Managing Director of American Securities. "RealManage has experienced exceptional growth under current leadership and we look forward to working with them as they continue to execute their exciting growth strategy."
Through this partnership with RealManage, American Securities continues its 28-year focus on supporting founders and entrepreneurs in executing their strategic objectives and accelerating profitable growth and further expands American Securities' portfolio of growth-oriented and technology-enabled services businesses.
William Blair & Company, LLC served as exclusive financial advisor and Snell & Wilmer LLP served as legal counsel to RealManage. Weil, Gotshal & Manges LLP served as legal counsel to American Securities.
About RealManage
The RealManage Family of Brands, which includes GrandManors and CiraConnect, is one of the fastest-growing association management companies in the country, currently ranking number three among the nation's home owner association / condo management companies. RealManage offers innovative management services to community associations of all types and sizes, including homeowner associations, condominium associations, cooperatives, municipal utility districts, and large master-planned communities.
GrandManors is the distinguished community association management division of the RealManage Family of Brands. GrandManors provides dedicated staff and community association management services to luxury high-rises, lifestyle communities, and golf / country club communities.
CiraConnect is RealManage's proprietary, cloud-based technology. It is the most comprehensive SaaS and Mobile app software provider in the community association industry. CiraConnect allows users to access all pertinent community information at their fingertips anytime, anywhere, and from any device. The technology includes web portals, tablet apps, and smartphone apps for all community constituents, including board members, residents, and service providers.
About American Securities
Based in New York with an office in Shanghai, American Securities is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion. American Securities and its affiliates have more than $26 billion under management. For more information, visit www.american-securities.com.
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SOURCE American Securities LLC; RealManage | https://www.mysuncoast.com/prnewswire/2022/06/02/realmanage-partners-with-american-securities/ | 2022-06-02T18:57:40Z |
Gas prices jump for 5th straight week
(Gray News) – The national average price of gas went up 11 cents from a week ago, making this the fifth straight week of rising prices.
According to GasBuddy, the national average is $4.57 a gallon, which is up 45.4 cents from a month ago and $1.55 per gallon higher than a year ago.
On the other hand, GasBuddy reports the national average price of diesel fell slightly by 1.7 cents and stands at $5.53 per gallon.
“Gasoline prices surged over the last week to new record highs but have finally started to slow their rise with diesel also finally cooling off,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
Drivers in Alaska saw the highest week-to-week price increase of 31 cents, according to AAA.
Though all states are average over $4 per gallon, AAA reports Oklahoma is the nation’s least-expensive market with the average cost of fuel sitting at $4.04.
“While the coast isn’t clear yet, and prices will be at their highest Memorial Day level ever, I’m hopeful that we could avoid a dreaded national average of $5 per gallon this year,” De Haan said. “Whether or not we’re able to depends on Americans cutting demand in the face of sky-high prices.”
Russia’s invasion of Ukraine in late February sent prices surging as investors braced for oil supply disruptions caused by the war and embargoes on Russian energy.
The Biden administration responded by unleashing a record amount of oil from U.S. emergency oil stockpiles, announcing March 31 that 1 million barrels a day would be released for six months.
The ongoing effort helped cool oil and gasoline prices off for a bit, but the relief was fleeting and relatively minor.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/23/gas-prices-jump-5th-straight-week/ | 2022-05-23T17:17:25Z |
The award-winning property management arm of development powerhouse Related Group manages over 120 properties across 75 U.S. markets
MIAMI, July 13, 2022 /PRNewswire/ -- TRG Management – the industry leading property management arm of leading developer Related Group (Related) – is now offering its best-in-class services to owners outside of the Related portfolio. Founded in 1984, TRG Management's expansion into third-party management services will allow the firm to address the increased demand for exceptional multifamily housing through the delivery of thoughtful, people-focused property management services needed to cultivate thriving communities.
"With an unprecedented need for multi-unit housing across every market in the U.S., expanding our property management offerings to the industry at-large is the natural progression of our long-term growth strategy," said Doreen Jaworski, Co-President of TRG Management. "Every member of our team prides themselves in building communities everyone can feel proud to call home and we look forward to bringing our innovative, flexible and purposeful solutions to even more communities across the country."
For nearly 40 years, TRG Management has provided bespoke property management services for Related Group-developed luxury, workforce, affordable and single-family housing communities. The firm offers a full suite of management services including property operations, asset repositioning and management, construction management, IT services and more. Their current portfolio is comprised of over 100 properties housing over 20,000 residences within high-rise, mid-rise, garden style and mixed-use communities.
"TRG Management's 360-degree approach goes far beyond typical property management services; we create experiences and foster diverse, thriving communities," said Marilyn Pascual, Co-President of TRG Management. "Our proven track record of successfully managing housing for many different types of income levels and populations that preserve the culture of their respective regions makes us well positioned to expand our portfolio."
Managed by more than 450 team members, TRG Management's current portfolio includes properties in 75 sub-markets such as Virginia, North Carolina, Georgia, Florida, Texas and Arizona.
To learn more about TRG Management and their property management solutions, visit trgmanagementcompany.com.
Established in 1984, TRG Management is a premier property management company based in South Florida founded on thoughtful urban planning, provocative design and inspirational art. A subsidiary of Related Group, Florida's leading developer of sophisticated metropolitan living and one of the country's largest real estate conglomerates, TRG Management manages approximately 20,000 units across several states and with a portfolio of over 100 properties. Their expertise serves housing of all types, including subsidized, workforce and affordable, mid-rises, high-rises, luxury rentals and single-family.
Established in 1979, Related Group is Florida's leading developer of sophisticated metropolitan living and one of the country's largest real estate conglomerates. Since its inception, the privately held company has built, rehabilitated and managed over 100,000 condominium, rental and commercial units. The firm is one of the largest Hispanic-owned businesses in the United States with a development portfolio in excess of $40 billion over 40+ years.
Related Group has earned international status for its visionary designs and development of luxury condominiums, market-rate rentals, mixed-use centers and affordable properties – often in emerging neighborhoods that impact the lives of all demographics. Related Group has redefined real estate by diversifying both its products and buyers, expanding internationally while also sponsoring public art installations that enhance cities' global culture and streetscapes. Currently, Related Group has 90+ projects in varying phases of development.
Contact:
Lennie Gomez
Lennie.gomez@rbbcommunications.com
(305) 409-7291
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SOURCE TRG Management Company | https://www.mysuncoast.com/prnewswire/2022/07/13/trg-management-launches-third-party-management-business-brings-best-in-class-services-national-real-estate-industry/ | 2022-07-13T20:43:00Z |
BEIJING, Sept. 2, 2022 /PRNewswire/ -- On August 31, 2022, Joy Spreader Group Inc. ("Joy Spreader" or the "Company"), a leader in new media performance-based marketing, announced its interim results for 2022. The results show that Joy Spreader achieved revenue of HK$1.367 billion, an increase of 118.91% YoY. Net profit for the first half of 2022 stood at HK$75 million, a slight decline YoY. The significant growth in revenue reflects Joy Spreader's strong capabilities at undertaking actions to reduce risk. With a diversified business portfolio, the company is well positioned for further significant growth.
The rise in Joy Spreader's first-half revenue was mainly attributable to the rapid expansion of the firm's overseas e-commerce business which achieved sales volume of 813,400 orders and sales revenue of HK$1.021 billion during the period.
Joy Spreader recorded a slight decrease in revenue from its domestic business given the impact of the stricter policy for the interactive entertainment sector alongside unfavorable external environments. Nevertheless, thanks to a modification of the business strategy in the second half of 2021 that has strengthened the performance-based marketing business for non-game and literature products, the company effectively reduced the risk of a decline in revenue from the interactive entertainment marketing business. In the first half of this year, the interactive entertainment marketing business achieved revenue of HK$229 million and the domestic short-form videos (SFVs)-based e-commerce marketing service posted turnover of HK$310 million, demonstrating the Group's business resilience and growth potential.
Joy Spreader's new culture business is still at an early stage. The Group has built traffic for the new media marketing business by combining quality IP and content incubation with a mix of professionally generated content from third parties as well as from its own in-house creators. By doing so, the firm has been able to provide customers with customized content and increase the conversion rate while reducing the cost of outsourcing traffic.
Based on its strong advantages in data and model algorithms, the leading mobile new media marketing technology group has expanded its business portfolio to include overseas e-commerce and culture services, which not only created a meaningful hedge against risk but also opened up possibilities for further growth.
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SOURCE Joy Spreader Group Inc. | https://www.kxii.com/prnewswire/2022/09/02/joy-spreader-announces-interim-results-2022-forward-thinking-risk-management-positions-firm-further-substantial-growth/ | 2022-09-02T11:25:58Z |
NEWPORT BEACH, Calif., April 22, 2022 /PRNewswire/ -- With the help of the Jessie Rees Foundation, Smart Circle hosted an hour-long virtual Care Card event as part of their partnership with Jessie Rees. The event left a profound impact on the Smart Circle employees, as Leah Morales explains; "Learning about Jessie's story, really touched me and I loved having the opportunity to help spread joy, and because the event was virtual my children were also able to help color Care Cards."
The hour-long Care Card event included trivia, music, and a powerful message about the Jessie Rees Foundation's mission. In addition, employees spent the hour creating colorful Care Cards that the Jessie Rees Foundation will send to children fighting childhood cancer within their Club NEGU network.
About the Jessie Rees Foundation
The Jessie Rees Foundation is the legacy of 12-year-old Jessica Joy Rees, better known as "Jessie." Jessie was one of 400,000 children worldwide diagnosed with cancer each year. During her courageous ten-month fight with two brain tumors, Jessie created JoyJars, fun-filled gifts of joy to share with her peers who were fighting cancer. Jessie personally stuffed and sent out 3,000 JoyJars to children fighting cancer in homes and hospitals, encouraging them with her motto "NEGU" Never Ever Give Up!
Although Jessie lost her fight with cancer in 2012, she left behind a legacy of love. As of 2022, the Jessie Rees Foundation has sent over 385,0000 JoyJars to children in all 50 states and 50 different countries and has provided thousands of families with access to resources, encouragement, and support, and will continue to care until there is a cure. To learn more about the Jessie Rees Foundation, visit https://www.negu.org
About Smart Circle International
Smart Circle helps clients and independent sales companies grow by designing versatile face-to-face marketing and customer acquisition campaigns that can be executed inside retailers, businesses and through door-to-door canvassing. Our expertise, entrepreneurial spirit, and versatility help the world's biggest brands and Fortune 500 companies drive sales and build new customer bases. To learn more about Smart Circle, visit https://www.smartcircle.com.
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SOURCE Jessie Rees Foundation | https://www.wibw.com/prnewswire/2022/04/22/smart-circle-team-joined-forces-virtually-help-spread-joy-messages-empowerment-children-fighting-childhood-cancer/ | 2022-04-22T11:46:25Z |
NEW YORK, June 8, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for RIGL, CYRN, IMPP, CCL, and PLUG.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- RIGL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RIGL&prnumber=060820225
- CYRN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CYRN&prnumber=060820225
- IMPP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=IMPP&prnumber=060820225
- CCL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CCL&prnumber=060820225
- PLUG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PLUG&prnumber=060820225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/06/08/thinking-about-buying-stock-rigel-pharmaceuticals-cyren-imperial-petroleum-carnival-corp-or-plug-power/ | 2022-06-08T16:14:12Z |
CLEVELAND, Aug. 2, 2022 /PRNewswire/ -- ViewRay, Inc. (Nasdaq: VRAY) (the "Company") today announced financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Highlights
- Total revenue for the second quarter 2022 was approximately $22.1 million, primarily from three revenue units and one upgrade, compared to approximately $15.0 million, primarily from two revenue units, in the second quarter of 2021.
- Received eight new orders for MRIdian systems totaling $46.3 million, compared to seven new orders totaling $37.9 million in the second quarter 2021.
- Total backlog increased to $352.8 million as of June 30, 2022, compared to approximately $278.4 million as of June 30, 2021.
- Cash and cash equivalents, inclusive of a customer deposit reflected in restricted cash was $160.7 million as of June 30, 2022. Cash usage for the three months ended June 30, 2022 was approximately $22.5 million.
"Our clinical, innovation, and commercial pipelines have never been stronger and each are accelerating. Business momentum is increasing as rapid revenue growth is translating into significant gross margin expansion. With tight expense discipline, we believe that we have the balance sheet required to get to cash flow breakeven," said Scott Drake, President and CEO. "We also believe that our clinical data and our MRIdian footprint make this the right time to commence targeted market awareness efforts. We're excited to partner with Katie Couric and her team to spread awareness that short-course, non-invasive treatment with fewer side effects and better quality of life for cancer patients is available today at MRIdian centers."
Three Months Ended June 30, 2022 Financial Results
Total revenue for the three months ended June 30, 2022 was $22.1 million compared to $15.0 million for the same period last year.
Total cost of revenue for the three months ended June 30, 2022 was $21.1 million compared to $16.7 million for the same period last year.
Total gross profit for the three months ended June 30, 2022 was $1.1 million, compared to a gross loss of $1.7 million for the same period last year.
Total operating expenses for the three months ended June 30, 2022 were $30.9 million, inclusive of a $1.8 million impairment charge, compared to $24.8 million for the same period last year.
Net loss for the three months ended June 30, 2022 was $27.6 million, or $(0.15) per share, compared to $31.0 million, or $(0.19) per share, for the same period last year.
ViewRay's total cash and cash equivalents, inclusive of a customer deposit reflected in restricted cash, was $160.7 million as of June 30, 2022.
Six Months Ended June 30, 2022 Financial Results
Total revenue for the six months ended June 30, 2022 was $41.0 million compared to $30.6 million for the same period last year.
Total gross profit for the six months ended June 30, 2022 was $1.2 million, compared to a gross loss of $1.4 million for the same period last year.
Total operating expenses for the six months ended June 30, 2022 were $58.4 million, inclusive of a $1.8 million impairment charge, compared to $49.8 million for the same period last year.
Net loss for the six months ended June 30, 2022 was $53.4 million, or $(0.30) per share, compared to $57.7 million, or $(0.36) per share, for the same period last year.
Financial Guidance
The Company updated its 2022 guidance of total revenue by raising the bottom end of the range from $84 million to $90 million, while reiterating the top end of the range of $104 million. The Company also reiterated total cash usage to be in the range of $68 million to $83 million.
Conference Call and Webcast
ViewRay will hold a conference call to discuss results on Tuesday, August 2, 2022 at 4:30 p.m. ET / 1:30 p.m. PT. The dial-in numbers are (646) 307-1952 for domestic callers and (888) 672-2415 for international callers. The conference ID number is 7750966. A live webcast of the conference call will be available on the investor relations page of ViewRay's corporate website at http://investors.viewray.com/events-and-presentations/upcoming-events.
After the live webcast, a replay will remain available online on the investor relations page of ViewRay's website, under "Financial Events and Webinars", for 14 days following the call. In addition, a telephonic replay of the call will be available until August 16, 2022. (800) 770-2030 for domestic callers and (609) 800-9909 for international callers. Please use the conference ID number 7750966.
About ViewRay®
ViewRay, Inc. (Nasdaq: VRAY), designs, manufactures, and markets the MRIdian® MR-Guided Radiation Therapy System. MRIdian is built upon a proprietary high-definition MR imaging system designed from the ground up to address the unique challenges and clinical workflow for advanced radiation oncology. Unlike MR systems used in diagnostic radiology, MRIdian's high-definition MR was purpose-built to address specific challenges, including beam distortion, skin toxicity, and other concerns that potentially may arise when high magnetic fields interact with radiation beams. ViewRay and MRIdian are registered trademarks of ViewRay, Inc.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Private Securities Litigation Reform Act. Statements in this press release that are not purely historical are forward-looking statements. Such forward-looking statements include, among other things, ViewRay's financial guidance for the full year 2022, anticipated future orders, anticipated future operating and financial performance, treatment results, therapy adoption, innovation, and the performance of the MRIdian systems. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to commercialize the MRIdian Linac System, demand for ViewRay's products, the ability to convert backlog into revenue, the timing of delivery of ViewRay's products, the timing, length, and severity of the COVID-19 pandemic, including its impacts across our businesses on demand, our operations and global supply chains, disruptions in the supply or changes in costs of raw materials, labor, product components or transportation services as a result of inflation, the results and other uncertainties associated with clinical trials, the ability to raise the additional funding needed to continue to pursue ViewRay's business and product development plans, the inherent uncertainties associated with developing new products or technologies, competition in the industry in which ViewRay operates, and overall market conditions. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to ViewRay's business in general, see ViewRay's current and future reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and its Quarterly Reports on Form 10-Q, as updated periodically with the Company's other filings with the SEC. These forward-looking statements are made as of the date of this press release, and ViewRay assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
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SOURCE ViewRay, Inc. | https://www.kxii.com/prnewswire/2022/08/02/viewray-announces-second-quarter-2022-results/ | 2022-08-02T21:05:04Z |
UVALDE, Texas — The Butt family and grocery retailer H-E-B announced on Tuesday the donation of $10 million to help build a new elementary school in Uvalde, TX.
According to a statement issued by H-E-B on Tuesday, June 28, 2022, donations were made to the nonprofit Uvalde CISD Moving Forward Foundation, a nonprofit associated with the school district.
After a mass shooting at Robb Elementary School in Uvalde on May 24th that took the lives of 19 children and two teachers, the Mayor of Uvalde announced the school would be demolished. Uvalde CISD Moving Forward is seeking donations to build a new school, make schools in the district more secure, and build a memorial park at Robb Elementary’s current location.
“Our first store in Uvalde opened in 1959, and Uvalde people are our people,” said Charles Butt, H-E-B’s Chairman. “As we continue to mourn the tremendous loss, I join with my family and H-E-B in working to ensure the Uvalde community can move forward from this tragic event. Our children are this country’s future, and our schools should be a safe place where children can thrive and envision new possibilities.”
The company launched a separate donation campaign in May to support the victims and families of the shooting and has committed $500,000. | https://cw33.com/news/h-e-b-to-donate-10-million-for-new-uvalde-elementary-school/ | 2022-06-28T21:48:19Z |
NEW YORK, June 16, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Digital Turbine, Inc. ("Digital Turbine" or the "Company") (NASDAQ: APPS) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Digital Turbine investors who were adversely affected by alleged securities fraud between August 9, 2021 and May 17, 2022. Follow the link below to get more information and be contacted by a member of our team:
APPS 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) the Company's recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) the Company's internal control over financial reporting as to revenue recognition was deficient; and (4) as a result of the foregoing, the Company's net revenues was overstated throughout fiscal 2022; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Digital Turbine during the relevant time frame, you have until August 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.mysuncoast.com/prnewswire/2022/06/16/apps-lawsuit-alert-levi-amp-korsinsky-notifies-digital-turbine-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-16T11:05:12Z |
Alligator found loitering in a Wendy’s parking lot in Florida
Published: Sep. 1, 2022 at 9:44 AM CDT|Updated: 51 minutes ago
TAMPA, Fla. (CNN) – Lunchtime diners at a Wendy’s in Florida were treated to a meal and a show.
Hernando County Sheriff’s deputies were forced to do some alligator wrestling in the parking lot near Tampa on Wednesday.
Workers at the Wendy’s in Spring Hill were surprised to find a gator in the parking lot, possibly looking for a bite.
Florida Fish and Wildlife officers assisted deputies to take the 6-foot reptile into custody.
On Facebook, one Hernando County resident joked, “We are not called the nature coast for nothing.”
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/09/01/alligator-found-loitering-wendys-parking-lot-florida/ | 2022-09-01T15:35:27Z |
JUVÉDERM® Collection of Fillers Continues Position as the World's Number One Chosen Dermal Filler Collection
IRVINE, Calif., Sept. 7, 2022 /PRNewswire/ -- Today, Allergan Aesthetics, an AbbVie company (NYSE: ABBV), announced its manufacturing facility in France has reached the milestone of producing and shipping 100 million syringes of JUVÉDERM® products globally. 1 Since its launch in 2000, the JUVÉDERM® Collection of Fillers has grown to where its products are now available in more than 110 territories worldwide and it remains the world's number one chosen dermal filler collection. 2,3 This remarkable achievement is a milestone years in the making, and further demonstrates the JUVÉDERM® Collection of Fillers' dedication to patients and providers globally.
"This is more than just a number. 100 million JUVÉDERM® syringes is a great source of pride for everyone at Allergan Aesthetics who helped make this happen," said Carrie Strom, President, Global Allergan Aesthetics and Senior Vice President, AbbVie. "It represents the millions of patients who've benefitted from our innovation and robust product offerings. We couldn't have done this without the years of support from all our healthcare professionals who continue to believe in and trust our products. We look forward to forging ahead as a brand, setting new goals, and continuing our legacy as the international category leader."
The global success of JUVÉDERM® is in large part due to its wide range of minimally invasive treatment options specifically designed for different areas of the face. The JUVÉDERM® Collection of Fillers offers products that provide results that are long-lasting and natural-looking for popular treatment areas, including the lips, cheeks, and chin. 4-10 The JUVÉDERM® Collection of Fillers' VYCROSS® technology is the number one chosen dermal filler technology worldwide. The safety and efficacy of the JUVÉDERM® Collection of Fillers has been demonstrated in more than 330 clinical studies. 11
"I am thrilled to celebrate this momentous occasion alongside the JUVÉDERM® Collection of Fillers. I trust the brand in my practice and have successfully offered it for more than 15 years," said Dr. David Shafer, board certified plastic surgeon. "Sixteen years of clinical studies and safety data, the widest range of filler options, and their rigorous testing protocols to ensure patient safety are just some of the reasons why I offer JUVÉDERM® products to my patients. I look forward to the continued innovation from the JUVÉDERM® Collection of Fillers and the rest of the Allergan Aesthetics portfolio for many years to come."
In the U.S., the JUVÉDERM® Collection of Fillers boasts the top chosen fillers for cheeks (JUVÉDERM® VOLUMA® XC), lower face wrinkles and folds (JUVÉDERM® Ultra Plus XC and JUVÉDERM® VOLLURE® XC), lips (JUVÉDERM® Ultra XC and JUVÉDERM® VOLBELLA® XC), and perioral lines (JUVÉDERM® VOLBELLA® XC),2 all top areas of concern among patients and all areas Allergan Aesthetics offers robust training for. The company is dedicated to training aesthetic specialists on the use of all its products and their approved indications.
"I've had the honor of serving as an Allergan Medical Institute (AMI) trainer for more than six years. The training Allergan Aesthetics provides focuses on facial anatomy, considerations for safe injection, appropriate patient selection, and aseptic technique," said Shawna Chrisman, NP. "I work closely with aesthetic specialists across the country to help them use the JUVÉDERM® Collection of Fillers to achieve their patients' aesthetic goals and am truly honored to be a part of this brand's rich history and bright future."
The JUVÉDERM® Collection of Fillers currently offers five specially formulated, modified hyaluronic acid (HA) fillers to address patients' varying facial treatment needs: JUVÉDERM® VOLUMA® XC, JUVÉDERM® VOLBELLA® XC, JUVÉDERM® VOLLURE® XC, JUVÉDERM® Ultra Plus XC, JUVÉDERM® Ultra XC. The latest product approved by the FDA, JUVÉDERM® VOLUX™ XC for improvement of jawline definition, will be available nationwide in early 2023. 4-10 Patients who are interested in HA fillers should schedule a consultation with their aesthetic specialist to see if they're a candidate and discuss a treatment plan customized to their desired outcome.
For more information on the JUVÉDERM® Collection of Fillers, visit Juvederm.com and follow @JUVÉDERM on Instagram.
At Allergan Aesthetics, an AbbVie company, we develop, manufacture, and market a portfolio of leading aesthetics brands and products. Our aesthetics portfolio includes facial injectables, body contouring, plastics, skin care, and more. Our goal is to consistently provide our customers with innovation, education, exceptional service, and a commitment to excellence, all with a personal touch. For more information, visit www.AllerganAesthetics.com.
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
JUVÉDERM® Injectable Gel Fillers Important Information
APPROVED USES
JUVÉDERM® VOLUX™ XC injectable gel is for deep injection to improve moderate to severe loss of jawline definition in adults over the age of 21.
JUVÉDERM® VOLUMA® XC injectable gel is for deep injection in the cheek area to correct age-related volume loss and for augmentation of the chin region to improve the chin profile in adults over 21.
JUVÉDERM® VOLLURE® XC, JUVÉDERM® Ultra Plus XC, and JUVÉDERM® Ultra XC injectable gels are for injection into the facial tissue for the correction of moderate to severe facial wrinkles and folds, such as nasolabial folds. JUVÉDERM® VOLLURE® XC injectable gel is for adults over 21.
JUVÉDERM® Ultra XC injectable gel is also for injection into the lips and perioral area for lip augmentation in adults over 21.
JUVÉDERM® VOLBELLA® XC injectable gel is for injection into the lips for lip augmentation and correction of perioral lines, and for injection into the undereye hollows to improve the appearance of undereye hollows in adults over the age of 21.
IMPORTANT SAFETY INFORMATION
Are there any reasons why I should not receive any JUVÉDERM® formulation?
Do not use these products if you have a history of multiple severe allergies or severe allergic reactions (anaphylaxis), if you are allergic to lidocaine or the Gram-positive bacterial proteins used in these products, or if you have had previous allergic reactions to hyaluronic acid fillers.
What warnings should my doctor advise me about?
- One of the risks with using dermal fillers is the unintentional injection into a blood vessel. The chances of this happening are very small, but if it does happen, the complications can be serious and may be permanent. These complications, which have been reported for facial injections, can include vision abnormalities, blindness, stroke, temporary scabs, or permanent scarring of the skin. Most of these events are irreversible.
- If you have changes in your vision, signs of a stroke (including sudden difficulty speaking, numbness or weakness in your face, arms or legs, difficulty walking, face drooping, severe headache, dizziness, or confusion), white appearance of the skin, or unusual pain during or shortly after treatment, you should notify your health care practitioner immediately.
- The use of dermal fillers where skin sores, pimples, rashes, hives, cysts, or infections are present should be postponed, as this may delay healing or make skin problems worse.
- The effectiveness of removal of any dermal filler has not been studied.
What precautions should my doctor advise me about?
- JUVÉDERM® VOLBELLA® XC should only be injected into undereye hollows by doctors who have completed the necessary training for this treatment area. To find a doctor, visit Juvederm.com/find-a-specialist. Doctors who complete the training will be listed with a symbol
- The safety of these products for use during pregnancy or while breastfeeding has not been studied
- The safety of JUVÉDERM® VOLUMA® XC has not been studied in patients under 35 years or over 65 years for cheek augmentation, or under 22 years and over 80 years for chin augmentation. The safety of JUVÉDERM® VOLUX™ XC, JUVÉDERM® VOLLURE® XC and JUVÉDERM® VOLBELLA® XC has not been studied in patients under 22 years, and the safety of JUVÉDERM® Ultra Plus XC and JUVÉDERM® Ultra XC has not been studied in patients under 18 years
- The safety and effectiveness of treatment with JUVÉDERM® products in anatomical regions outside of their approved uses have not been established in clinical studies
- If you have a history of excessive scarring (thick, hard scars) or pigmentation disorders, treatment in these patients has not been studied and may result in additional scars or changes in pigmentation
- If you are planning other procedures including laser treatments or a chemical peel, there is a possible risk of inflammation at the treatment site if these procedures are performed closely before or after JUVÉDERM® injectable gel treatment
- Tell your doctor if you are on therapy used to reduce your body's natural defense system (such as steroids, chemotherapy, and medicines to treat autoimmune diseases, HIV, and AIDs), as these may increase your risk of infection; and medications that can prolong bleeding (such as aspirin, ibuprofen, or other blood thinners), as these may result in increased bruising or bleeding at the injection site
- Avoid applying makeup for 12 hours after treatment and minimize strenuous exercise, exposure to extensive sun or heat, and alcoholic beverages within the first 24 hours following treatment, as these may cause temporary redness, swelling, and/or itching at the injection site
- JUVÉDERM® VOLUMA® XC was not studied in patients with significant loose skin of the chin, neck, or jaw
- The effect of JUVÉDERM® VOLUMA® XC injection into the chin on facial hair growth has not been studied
- Patients who experience skin injury near the site of JUVÉDERM® VOLUMA® XC injection may be at a higher risk for adverse events
- Tell your doctor if you have already been injected with dermal fillers in the same area as the one(s) you are about to be treated for. This information helps your doctor decide when and whether you should get treatment
What are possible side effects of treatment?
The most commonly reported side effects with JUVÉDERM® injectable gels were redness, swelling, pain, tenderness, firmness, lumps/bumps, bruising, discoloration, and itching. For JUVÉDERM® VOLBELLA® XC, dryness was also reported.
These side effects are consistent with other facial injection procedures and most will resolve within 30 days. Your doctor may choose to treat side effects persisting longer with antibiotics, steroids, or hyaluronidase (an enzyme that breaks down hyaluronic acid).
As with all skin injection procedures, there is a risk of infection.
To report a side effect with any product in the JUVÉDERM® Collection, please call the Allergan® Product Support Department at 1‑877‑345‑5372. Please also visit Juvederm.com or talk to your doctor for more information.
Products in the JUVÉDERM® Collection are available only by a licensed physician or properly licensed practitioner.
References
- Allergan Data on File REF-96593.
- Allergan Data on File, Filler Situational Analysis, 2020.
- Allergan. Unpublished Data. INT/0008/2016(2). JUVÉDERM® is available in over 110 territories worldwide. Feb 2019.
- JUVÉDERM® Ultra XC Patient Label 2020.
- JUVÉDERM® Ultra Plus XC Patient Label 2020.
- JUVÉDERM® VOLLURE® XC Patient Label 2020.
- JUVÉDERM® VOLUMA® XC Patient Label 2020.
- JUVÉDERM® VOLBELLA® XC Patient Label 2020.
- JUVÉDERM® VOLUMA® XC Patient Label 2020.
- JUVÉDERM® VOLUX™ XC Patient Label 2022.
- Allergan Data on File JUVÉDERM® Clinical Studies, 2022.
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SOURCE AbbVie | https://www.kxii.com/prnewswire/2022/09/07/allergan-aesthetics-celebrates-100-million-syringes-juvderm/ | 2022-09-07T13:19:23Z |
C & C Heating & Air Conditioning offers tips to help homeowners determine if they need to replace their residential ductwork
DETROIT, June 16, 2022 /PRNewswire/ -- C & C Heating & Air Conditioning, a leading Detroit-area heating and cooling company with more than six decades of experience, says installing new ductwork can help homeowners lower utility bills and reduce mold, dust and other airborne allergens that can cause respiratory problems.
"When people consider updating their HVAC system, they often overlook their ductwork, but this can be a costly mistake," said Dayna Hottle, general manager of C & C Heating and Air Conditioning. "ENERGY STAR points out that 20-30% of the air that moves through the ductwork is lost due to leaks and poorly connected ducts. With the cost of energy on the rise, making sure your ductwork is as healthy as your HVAC system can help reduce some of that cost."
Hottle said old or poorly functioning ductwork can also contribute to some respiratory illnesses since pollen, mold and other allergens can more easily enter a faulty duct network. She said homeowners should consider the following when determining whether they need new ductwork:
- A noisy HVAC system. While an HVAC unit will make some noise, it should not be annoyingly loud. Rattling and other odd noises can be caused by holes in the ductwork or damage to the joints connecting or holding up the ducts.
- Uneven heating and cooling. When one room is hot and another is the temperature it should be, this can be a sign of an obstruction in the ductwork or holes that are causing air to leak before it can be piped into various parts of the home.
- Pest infestation. Damaged ductwork is an invitation to bugs and rodents to set up homes in the duct system. Along with unpleasant smells, pests can introduce bacteria and microbes into a home's environment.
- Debris near vents. Once ductwork gets too dirty, homeowners will begin noticing dirty or dusty marks surrounding the vents. This is a result of dust, dirt, lint, pet hair and even small insects.
- Old ductwork. If the ductwork is more than 20 years old, it may simply need to be replaced due to age. Most ductwork can last about 20 to 25 years, but if the ductwork has other issues in addition to being near the end of its lifespan, it may be time to replace it.
"Sometimes you can get a few more years of use from your ductwork if you have it professionally cleaned and leaks repaired, but if it is very old or damaged in multiple locations, it is probably best to replace it," Hottle said.
About C & C Heating & Air Conditioning
C & C Heating & Air Conditioning is a Detroit-area heating and cooling company with more than six decades of expertise installing and servicing all makes and models of heating and cooling equipment. Their technicians are highly trained and qualified and undergo annual background checks, random drug testing, extensive technical and customer service training and are North American Technician Excellence (NATE) certified. Services include HVAC maintenance and repair, duct cleaning, whole-home air filtration systems, indoor air quality systems and comprehensive maintenance agreements. For more information, call C & C Heating & Air Conditioning at (586) 439-3319 or visit their website at https://candcheat.com/
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE C & C Heating & Air Conditioning | https://www.wibw.com/prnewswire/2022/06/16/detroit-hvac-company-says-new-ductwork-can-offset-high-utility-bills-help-improve-some-health-issues/ | 2022-06-16T12:47:40Z |
NEW YORK, July 29, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of RealNetworks, Inc. ("RealNetworks" or the "Company") (NASDAQ: RNWK), in connection with the proposed merger of the Company with Greater Heights LLC, an affiliate of the Company's founder, Chairman and CEO, Robert D. Glaser. Under the terms of the merger agreement, the Company's shareholders will receive $0.73 in cash for each share of RealNetworks common stock owned. Mr. Glaser, together with his affiliates, currently owns approximately 39% of the outstanding shares of RealNetworks.
If you own RealNetworks shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/rnwk
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) RealNetworks' board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $0.73 per-share merger consideration adequately compensates RealNetworks' shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/07/29/shareholder-alert-weiss-law-investigates-realnetworks-inc/ | 2022-07-29T21:03:14Z |
Study: Redlining tied to more oil, gas wells in urban areas
(AP) - Minority neighborhoods where residents were long denied home loans have twice as many oil and gas wells as mostly white neighborhoods, according to a new study that suggests ongoing health risks in vulnerable communities are at least partly tied to historical structural racism.
Black and Latino residents have complained that they are disproportionately exposed to health risks — including heart and lung problems and premature births — from urban oil and gas wells, some located just a few dozen feet from homes and schools. Some studies have found hazardous chemicals near oil and gas operations at levels above what is considered safe.
But researchers at the University of California, Berkeley and Columbia University wanted to determine if there was a connection to redlining — when Black and immigrant neighborhoods in the 1930s were shaded red on maps developed by the Home Owners’ Loan Corporation. Residents in those areas often found it difficult to find homes anywhere else.
“These are critical questions,” said David J. X. Gonzalez, an epidemiologist at UC-Berkeley and one of the study’s authors. “If we want to reduce health disparities, if we want environmental justice, these are the kinds of questions that we want to understand.”
Researchers compared the maps of 33 U.S. cities to records of oil and gas wells dating to the late 1800s. The maps graded neighborhoods A to D. Overall, redlined, or D-graded, neighborhoods not only had more wells before the maps were created, but many more wells were developed in those areas afterward, the researchers found.
The study was published last week in the Journal of Exposure Science & Environmental Epidemiology.
Gonzalez, who grew up in a community with oil wells and a refinery, said many policies led to race- and class-based segregation, not only redlining. The findings don’t prove that wells were intentionally located in neighborhoods because residents were Black or Latino, and there also are wells in wealthier areas.
Even so, the higher concentration in minority areas “doesn’t seem to have happened by accident,” said Gonzalez.
In Los Angeles, Black and Latino residents often were forced to live in neighborhoods with oil wells because of racially restrictive covenants, said Martha Dina Argüello, executive director of the Los Angeles chapter of Physicians for Social Responsibility. Even more drilling got pushed into Black and Latino neighborhoods when housing developers wanted land in more affluent areas, she said.
The study “is one more piece of evidence that really bears out what the community has been saying: that having oil wells in our communities is treating us like a sacrifice zone,” she said.
Recently, some states and communities have started restricting new wells by limiting how close they can be to homes and schools.
Last fall, supervisors in Los Angeles County — home to some of the largest urban oilfields in the U.S. — voted unanimously to phase out oil and gas production and ban new wells in unincorporated areas following longstanding complaints from residents about health problems blamed on air pollution from the sites. The Los Angeles City Council voted in January to do the same, and Argüello said advocates are pushing for the state to take similar action in other urban areas.
Colorado last year required new wells to be located at least 2,000 feet from homes and schools. California has proposed a distance of 3,200 feet.
In Arlington, Texas, city officials in January refused to let a major energy company locate more gas wells near a daycare center playground. A statistical analysis by The Associated Press showed the density of Total Energies’ wells is higher in neighborhoods where people of color live, and wells are often just a few hundred feet from homes.
Longxiang Li, a postdoctoral research fellow in environmental health at the Harvard School of Public Health, who was not involved in the study, said it showed a moderately strong connection between redlining and well location, and strengthens evidence that disadvantaged communities have fewer legal resources to defend themselves against drilling expansion. But he cautioned that historic redlining maps are not perfect indicators of past structural racism.
That is because discriminatory practices by private lenders and the Federal Housing Administration did not rely on the HOLC maps, and the HOLC itself did lend to Black homeowners in redlined areas, according to a recent paper by the National Bureau of Economic Research.
Li also noted that many newer wells that use a technique called hydraulic fracturing are often clustered in socioeconomically disadvantaged areas because land leasing is inexpensive. Fracking uses a high-pressure mixture of water, sand and chemicals to released trapped oil and gas and is combined with horizontal drilling to reach formerly inaccessible reserves.
A report by Physicians for Social Responsibility and Concerned Health Professionals of New York, which reviewed dozens of scientific studies, found that the public health risks associated with these sites include cancers, respiratory diseases, rashes, heart problems and mental health disorders.
Even older plugged wells may pose risks because they can leak benzene and other volatile organic compounds, as well as methane, a potent greenhouse gas, Gonzalez said.
“I think we’ve known for a long time that people of color are more likely to live near oil wells,” Gonzalez said, “It’s important... so we can make sure that as we shift the economy away from fossil fuels, that we prioritize communities” that have borne the brunt of pollution.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/19/study-redlining-tied-more-oil-gas-wells-urban-areas/ | 2022-04-21T07:53:45Z |
In-room experience is first of its kind in Midwest; cements hotel's commitment to travelers' health and wellbeing
BLOOMINGTON, Minn., May 5, 2022 /PRNewswire/ -- Radisson Blu Mall of America today announced its latest addition to the hotel's health and wellness offerings, introducing dedicated guest rooms equipped with an in-room MIRROR. The Wellness Room, with lululemon's MIRROR, provides guests with unlimited access to the state-of-the-art fitness experience during their stay, all from the comfort of their own room. As travelers seek more convenient, higher-end fitness amenities, this new package is the perfect addition to Radisson Blu Mall of America's health and wellness offerings designed to meet travelers' needs.
lululemon's MIRROR is a "nearly invisible, smart home gym" that offers more than 10,000 classes available to stream around the clock. Classes range from five to 60 minutes, and users can choose from over 50 different categories, including yoga, dance, boxing, cardio, pre- and postnatal workouts, along with four difficulty levels. In addition, each Wellness Room will be equipped with a yoga mat and additional accessories to help guests make the most of their stay. There is an accessible Wellness Room available, and MIRROR features several class options for all physical abilities.
"Radisson Blu Mall of America has a commitment to healthy living, and the addition of The Wellness Rooms, with lululemon's MIRROR, provides even greater options for our active guests," said Alex Francis, General Manager, Radisson Blu Mall of America. "From The Wellness Rooms, to our fitness center equipped with multiple Peloton bikes and other state-of-the art equipment, to the local, farm-to-table offerings at FireLake Grill House & Cocktail Bar, Radisson Blu Mall of America is the perfect destination for those who want to prioritize their health and wellbeing while traveling."
This package extends beyond the room. Travelers who book The Wellness Rooms, with lululemon's MIRROR, receive a special lululemon gift to take home, plus offers for the lululemon Mall of America experiential store. As an added bonus, Wellness Room guests will have access to MIRROR classes for one month after their stay.
Room reservations are available now for stays beginning May 16.
About Radisson Blu MOA
Radisson Blu Mall of America is an elegant hotel offering the ultimate in style and convenience with direct access via skyway to the mall. For more information, please visit: www.radissonhotelsamericas.com
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SOURCE Radisson Blu Mall of America | https://www.kxii.com/prnewswire/2022/05/05/radisson-blu-mall-america-unveils-new-offering-wellness-rooms-with-lululemons-mirror/ | 2022-05-05T15:40:50Z |
NEW YORK, May 10, 2022 /PRNewswire/ -- Weiss Law, a national shareholders' rights law firm, is investigating possible false and misleading statements , accounting and reporting practices and breaches of fiduciary duty and violations of the federal securities laws by the Board of Directors and certain Company officers of Netflix, Inc. (NASDAQ: NFLX) ("Netflix" or the "Company") concerning the Company's growth and customer retention, leading to a significant stock price drop after Netflix revealed in April that it had lost more than 200,000 subscribers.
If you own Netflix shares and wish to discuss this investigation, or share information which you have, or if you have any questions concerning this notice or your rights or interests, visit our website at
https://www.weisslaw.co/news-and-cases/nflx
Or contact:
Josh Rubin, Esq.
stocks@weisslaw.co
(212) 682-3025
THERE IS NO COST OR OBLIGATION TO YOU
Netflix's share price plummeted from approximately $597.37 in January to $226.19 at the end of April, after revelation that: (1) Netflix was exhibiting slower acquisition growth due to account sharing by customers and increased competition from other streaming services; (2) it was experiencing difficulties retaining customers; (3) that the Company was losing subscribers on a net basis; (4) its financial results were being adversely affected; and (5) the positive statements about its business, operations and prospects were materially false, misleading, and lacked a reasonable basis.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients. For more information about the firm, please go to: http://www.weisslaw.co
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SOURCE Weiss Law | https://www.wibw.com/prnewswire/2022/05/11/shareholder-alert-weiss-law-investigates-netflix-inc/ | 2022-05-11T05:37:44Z |
HONG KONG — China is installing a career security official as the new leader of Hong Kong in the culmination of a sweeping political transformation that has gutted any opposition in the Asian financial center and placed it ever more firmly under Beijing’s control.
John Lee, formerly the city’s No. 2 official, is the only candidate Sunday in what is an election in name only. Well over half of the 1,500-member Election Committee that selects the chief executive has already endorsed him and he needs only a simple majority to win.
Speaking to supporters Friday, Lee acknowledged that Hong Kong has deep-rooted problems and reiterated his intention to bring a “results-oriented” approach.
“Hong Kong has to seize its opportunity, we cannot afford to wait, we cannot be late,” the 64-year-old former police officer said. “We will have to consolidate Hong Kong as an international city, to develop Hong Kong’s potential as a free and open society, to connect the mainland of China and the world.”
Lee will replace Carrie Lam on July 1. Her 5-year term was marked by Hong Kong’s most tumultuous period since the former British colony was returned to China in 1997.
The election follows major changes to Hong Kong’s electoral laws last year to ensure that only “patriots” loyal to Beijing can hold office. That also saw the legislature reorganized to all but eliminate opposition voices.
The elaborate arrangements surrounding the pre-determined outcome speak to Beijing’s desire for a veneer of democracy. Though they will vote in a secret ballot, Hong Kong’s electors have all been carefully vetted.
“Even autocracies today feel obligated to go through the motions of staging an election in order to project greater legitimacy to their own population and to the international community,” said Yvonne Chiu, a professor at the U.S. Naval War College who has written extensively about Hong Kong politics.
The city’s previous four chief executives were also all effectively Beijing appointees. A push to elect the leader by popular vote foundered in 2014 amid protests demanding Beijing also relinquish the right to approve candidates.
Lee’s rise grew out of massive pro-democracy protests in 2019 that spiraled into violent clashes. As security secretary, he led the campaign to confront protesters with tear gas and rubber bullets, then rounded many of them up for arrest later.
Lam implemented Beijing’s orders and was widely seen as the face of the crackdown. But the career bureaucrat still seemed out of step with China’s hardline president and Communist Party leader Xi Jinping.
For her successor, Beijing opted for Lee, a former top police official and staunch advocate of the new National Security Law that outlaws subversion, secession, terrorism and collusion with foreign forces. More than 150 activists and others have been arrested since its implementation.
Following passage of the law in 2020, the United States sanctioned Lee, Lam and other Hong Kong and mainland Chinese government officials, for “undermining Hong Kong’s autonomy and restricting the freedom of expression or assembly.”
Almost all government critics have been jailed, fled abroad or been intimidated into silence. Thousands of residents have voted with their feet, with many professionals and others leaving the city of 7.4 million people.
Lee has tried to soften his public image since emerging as the sole candidate for chief executive. He started his brief remarks Friday with a childhood anecdote that evoked his humble origins, describing his father saving money to buy a television, and family and neighbors gathering to watch it.
“Back then, it wasn’t an easy thing to buy a TV set,” he said. “In general, it was already not bad if you had a radio. So we were very happy, every time after eating, we would sit down and feel the warmth of togetherness watching TV.”
The intensity of the 2019 protests appeared to have caught Beijing by surprise, prompting the imposition of the National Security Law the following year and the reorganization of the legislature to put pro-Beijing forces firmly in charge in 2021.
Among the unintended effects has been the further alienation of Taiwan, the self-governing island democracy China claims as its territory. Beijing’s crackdown was seen as a major factor ensuring the re-election in 2020 of pro-independence President Tsai Ing-wen.
While Lee has said he would boost Hong Kong’s competitiveness to ensure it remains “a gateway and bridge between our country and the world,” his selection leaves little question that maintaining political stability is the priority.
That could come at the expense of Hong Kong’s reputation as a safe place to do business with a clear regulatory structure and independent judiciary. Britain has removed two judges who had been appointed to Hong Kong’s top court to ensure rule of law, saying their presence was “no longer tenable” because of increasingly oppressive laws enacted by China.
China’s long-ruling Communist Party maintains that stability sets the stage for economic growth and development.
Hong Kong’s once thriving free press has taken a beating, with the pro-democracy newspaper Apple Daily shuttered and its founder, Jimmy Lai, in jail.
Public broadcaster Radio Television Hong Kong has been brought to heel, and Hong Kong plummeted 80 places in the Reporters Without Borders 2022 World Press Freedom Index. The local Foreign Correspondents Club canceled its annual Human Rights Press Awards this year over national security concerns.
Fearing political repercussions, universities have cut ties with their student organizations, while the government has severed relations with the largest teacher’s union.
People in Hong Kong still have greater freedoms than their counterparts in mainland China, but any hopes for greater democracy have been snuffed out and replaced by concern that the city is increasingly becoming like other Chinese cities, albeit one that is “a good place for everyone to pretend that it’s just business as usual with China,” Chiu said. | https://www.tdtnews.com/news/article_1b455ff6-cd97-11ec-b8dc-a7d089f94931.html | 2022-05-07T05:13:29Z |
NEW YORK, June 20, 2022 /PRNewswire/ -- Astaria (https://twitter.com/astariaxyz), an NFT lending platform unlocking instant liquidity, has announced today the close of an $8 million seed round from leading venture capital and angel investors.
Venture investors include True Ventures, Arrington Capital, Ethereal Ventures, Wintermute, Genesis Trading, LedgerPrime, Hypersphere Ventures, Republic Capital, Flow Traders, Proof Group, p2p, mgnr, Genblock, and several notable DAOs such as The LAO.
The round also featured participation from some of the ecosystem's most notable angels and advisors on board including Anthony Sassano, Sam Kazemian, Tim Beiko, Nick Emmons, Dean Eigenmann, Alex Svanevik, Philipp Zentner, Mariano Conti, Nathan Allman, Corbin Page, Ivangbi, Avi Meyers, Meltem Demirors, Kartik Talwar, Texture, James Prestwich, Galen Law-Kun, Andrew Thurman, and many more.
Astaria is the solution to the hardest problem in DeFi: instant highly liquid NFT lending. Users can log on to the Astaria webapp and get customized liquidity terms for their unique NFTs, all without forced liquidations. Astaria's design is a step-order improvement on current NFT lending platforms, which often require two-sided approvals and lack efficiency.
"Astaria is the solution to the hardest problem in defi, instant highly liquid NFT lending," said Astaria co-founder and CTO and Consensys, Flow, and Sushi veteran Joseph Delong. "Our team is stacked with the premiere web3 talent, and I am able to apply all of the organizational lessons I learned in 2021."
Astaria will be providing the NFT community an exclusive unveiling of their platform on Wednesday, June 22 at the NFT NYC conference, and is tentatively scheduled to launch to the public at the end of Q3 2022. Parties interested in the demo should reach out to events@astaria.xyz.
"Having the chance to build alongside the Astaria team is the opportunity of a lifetime," said co-founder and CEO Justin Bram. "I'm extremely grateful for the support of our investors and I can't wait to showcase our work in the coming months."
About Astaria
Astaria is the solution to the hardest problem in DeFi: instant highly liquid NFT lending. Astaria allows users to get instant liquidity for their NFTs.
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SOURCE Astaria | https://www.kxii.com/prnewswire/2022/06/20/nft-liquidity-engine-astaria-announces-8-million-seed-round/ | 2022-06-20T13:32:56Z |
TOKYO, July 8, 2022 /PRNewswire/ --
-BCP-compatible Service Designed to Avoid Port Congestion on North America's West Coast-
Nippon Express U.S.A., Inc. (hereinafter, "NX USA"), a group company of Nippon Express Holdings, Inc., has launched "US EXPORT SERVICE Via MEXICO" (abbreviation: U.S.E.ME), a new BCP-compatible multimodal transport service for shipments from the United States and Canada to Asia via Mexico.
Logo:
https://kyodonewsprwire.jp/img/202207053436-O1-HoYUeT48
Image: U.S.E.ME service route map
https://kyodonewsprwire.jp/prwfile/release/M103866/202207053436/_prw_PI2fl_q9myWSE3.jpg
Overview of service
A. Name of service: "US EXPORT SERVICE Via MEXICO" (abbreviation: U.S.E.ME) This BCP-compatible integrated multimodal transport service conveys cargo overland by trailer from various locations in North America (U.S./Canada) to a Nippon Express warehouse in San Luis Potosi, Mexico, where it is transshipped to containers and transported by sea from Manzanillo Port in Mexico to ports in Japan and other Asian countries.
B. Features
1. Reliable lead time: This transport service avoids port congestion on the U.S. West Coast and thus offers dependable lead time (e.g., about 37 days from Chicago to Yokohama Port).
--> The lead time for transporting cargo overland (railway and truck) along the same route via the West Coast is currently about 40 to 60 days*.
*Based on transport carried out by Nippon Express as of June 2022
2. High-quality integrated transport by the NX Group: NX Mexico provides customers with reliable service by issuing House Waybills and consistently clarifying its transport responsibilities from departure points to arrival points.
3. Flexible collection: Goods can be collected from major cities across the United States and Canada on dates specified by customers. Primary collection areas: Toronto, Minneapolis, Chicago, Indianapolis, Detroit, Columbus, Cincinnati, Nashville, Atlanta, Houston, etc.
Background to service development
Port congestion along North America's West Coast has led to changes and delays in ship schedules, making it difficult to secure new space, congesting railway terminals and thereby slowing transshipment and creating a shortage of truck drivers, all of which have had a major impact on logistics. The outlook remains uncertain, with concerns over the risk of port strikes having arisen in the course of labor-management negotiations at points all along the West Coast.
NX USA has developed U.S.E.ME as a new BCP-compliant multimodal transport service via Mexico, where space is more readily available, to avoid port congestion on the U.S. West Coast and maintain customers' supply chains. Together with providing reliable transport with stable lead times, NX USA will utilize its strengths as the only Japanese company with its own warehouse in Mexico to offer high-quality integrated transport services by the NX Group.
In August 2021, Nippon Express also started a service from Japan to North America via Mexico to avoid the congestion on the U.S. West Coast. So, with the U.S.E.ME service now in operation, services via Mexico are available in both directions between Japan and North America.
The NX Group remains committed to providing BCP-compatible solutions and supporting customers' business continuity by developing alternative routes and combining and using transport modes in response to customer requests.
Nippon Express website: https://www.nipponexpress.com/
NX Group's official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/
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SOURCE Nippon Express Holdings, Inc. | https://www.kxii.com/prnewswire/2022/07/08/nippon-express-usa-launches-new-multimodal-transport-service-north-america-asia-via-mexico/ | 2022-07-08T08:07:58Z |
Deere Reports Third Quarter Net Income of $1.884 Billion
Published: Aug. 19, 2022 at 5:45 AM CDT|Updated: 1 hour ago
Third-quarter net sales rise 25%, bolstered by higher rates of production, despite continuing supply-chain pressures.
Full-year earnings outlook revised to range of $7.0 – $7.2 billion.
Strong order books and positive customer fundamentals to drive demand in 2023.
MOLINE, Ill., Aug. 19, 2022 /PRNewswire/ -- Deere & Company (NYSE: DE) reported net income of $1.884 billion for the third quarter ended July 31, 2022, or $6.16 per share, compared with net income of $1.667 billion, or $5.32 per share, for the quarter ended August 1, 2021. For the first nine months of the year, net income attributable to Deere & Company was $4.885 billion, or $15.88 per share, compared with $4.680 billion, or $14.86 per share, for the same period last year.
Net sales and revenues increased 22 percent, to $14.102 billion, for the third quarter of 2022 and rose 13 percent, to $37.041 billion, for nine months. Net sales were $13.000 billion for the quarter and $33.565 billion for nine months, compared with $10.413 billion and $29.461 billion last year.
"We're proud of the extraordinary efforts by our employees to increase factory output and get products to customers under challenging circumstances," said John C. May, chairman and chief executive officer. "At the same time, our results reflected higher costs and production inefficiencies driven by the difficult supply-chain situation."
Company Outlook & Summary
Net income attributable to Deere & Company for fiscal 2022 is forecast to be in a range of $7.0 billion to $7.2 billion.
"Looking ahead, we believe favorable conditions will continue into 2023 based on the strong response we have experienced to early-order programs," said May. "We are working closely with our factories and suppliers to meet higher levels of customer demand next year. Additionally, we are confident the company's smart industrial strategy and leap ambitions will continue unlocking new value for customers through Deere's advanced technologies and solutions."
Results for the presented periods were affected by special items. See Note 1 of the financial statements in this earnings release for further details.
Production and precision agriculture sales increased for the quarter due to higher shipment volumes and price realization, partially offset by the unfavorable impact of currency translation. Operating profit rose primarily due to price realization and higher shipment volumes / sales mix. These items were partially offset by higher production costs, higher selling, administrative, and general expenses, increased research and development expenses, and the unfavorable effects of foreign currency exchange.
Small agriculture and turf sales for the quarter increased due to higher shipment volumes and price realization partially offset by the unfavorable impact of currency translation. Operating profit decreased primarily due to higher production costs, higher selling, administrative, and general expenses, increased research and development expenses, and the unfavorable effects of foreign currency exchange. These items were partially offset by price realization and higher sales volumes. Results for the prior period included a gain on the sale of a closed factory in China that had produced small agricultural equipment.
Construction and forestry sales moved higher for the quarter primarily due to price realization. Operating profit increased due to price realization, partially offset by higher production costs.
Financial services net income for the quarter was negatively affected by unfavorable discrete income-tax adjustments, a higher provision for credit losses, and lower gains on operating-lease residual values. These items were partially offset by income earned on a higher average portfolio.
Financial Services. Full-year 2022 results are expected to be slightly lower than in fiscal 2021 due to a higher provision for credit losses, less-favorable financing spreads, and higher selling, administrative, and general expenses. These factors are expected to be partially offset by income earned on a higher average portfolio.
John Deere Capital Corporation
The following is disclosed on behalf of the company's financial services subsidiary, John Deere Capital Corporation (JDCC), in connection with the disclosure requirements applicable to its periodic issuance of debt securities in the public market.
Results in the quarter declined due to unfavorable discrete income-tax adjustments, less-favorable financing spreads, and lower gains on operating-lease residual values. Partially offsetting these factors was income earned on a higher average portfolio. For the year-to-date period, net income decreased mainly due to less-favorable financing spreads, a higher provision for credit losses, and unfavorable discrete income-tax adjustments, partially offset by income earned on a higher average portfolio.
FORWARD-LOOKING STATEMENTS
Certain statements contained herein, including in the sections entitled "Company Outlook & Summary," "Industry Outlook," and "Deere Segment Outlook," relating to future events, expectations, and trends constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 and involve factors that are subject to change, assumptions, risks, and uncertainties that could cause actual results to differ materially. Some of these risks and uncertainties could affect all lines of the company's operations while others could more heavily affect a particular line of business.
Forward-looking statements are based on currently available information and current assumptions, expectations, and projections about future events and should not be relied upon. Except as required by law, the company expressly disclaims any obligation to update or revise its forward-looking statements. Further information concerning the company and its businesses, including factors that could materially affect the company's financial results, is included in the company's other filings with the SEC (including, but not limited to, the factors discussed in Item 1A. "Risk Factors" of the company's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q).
Factors Affecting All Lines of Business
All of the company's businesses and their results are affected by general global macroeconomic conditions, including but not limited to inflation, including rising costs for materials used in our production, slower growth or recession, higher interest rates and currency fluctuations which could adversely affect the U.S. dollar and customer confidence, customer access to capital and overall demand for our products; delays or disruptions in the company's supply chain, including work stoppages or disputes by suppliers with their unionized labor; shipping delays; government spending and taxing; changes in weather and climate patterns; the political and social stability of the markets in which the company operates; the effects of, or response to, wars and other conflicts, including the current military conflict between Russia and Ukraine; natural disasters; and the spread of major epidemics or pandemics (including the COVID-19 pandemic). The sustainability of economic recovery from COVID-19 remains unclear and significant volatility could continue for a prolonged period.
Significant changes in market liquidity conditions, changes in the company's credit ratings, and any failure to comply with financial covenants in credit agreements could impact our access to or terms of future funding, which could reduce the company's earnings and cash flows. A debt crisis in Europe, Latin America, or elsewhere could negatively impact currencies, global financial markets, funding sources and costs, asset and obligation values, customers, suppliers, and demand for equipment. The company's investment management activities could be impaired by changes in the equity, bond, and other financial markets, which would negatively affect earnings.
Additional factors that could materially affect the company's operations, financial condition, and results include changes in governmental trade, banking, monetary, and fiscal policies, including, policies, and tariffs for the benefit of certain industries or sectors; actions by environmental, health, and safety regulatory agencies, including those related to engine emissions, carbon and other greenhouse gas emissions, and the effects of climate change; changes to GPS radio frequency bands and their permitted uses; changes to accounting standards; changes to and compliance with economic sanctions and export controls laws and regulations (including those in place for Russia); and compliance with evolving U.S. and foreign laws when expanding to new markets and otherwise.
Other factors that could materially affect the company's results and operations include security breaches, cybersecurity attacks, technology failures, and other disruptions to the information technology infrastructure of the company and its suppliers and dealers; security breaches with respect to the company's products; the loss of or challenges to intellectual property rights; the availability and prices of strategically sourced materials, components, and whole goods; introduction of legislation that could affect the company's business model and intellectual property, such as right to repair or right to modify; events that damage the company's reputation or brand; significant investigations, claims, lawsuits, or other legal proceedings; the success or failure of new product initiatives or business strategies; changes in product preferences, sales mix, and take rates of products and life cycle solutions; gaps or limitations in rural broadband coverage, capacity, and speed needed to support technology solutions; oil and energy prices, supplies, and volatility; the availability and cost of freight; actions of competitors in the various industries in which the company competes, particularly price discounting; dealer practices, especially as to levels of new and used field inventories; changes in demand and pricing for used equipment and resulting impacts on lease residual values; the inability to deliver precision technology and agricultural solutions to customers; labor relations and contracts, including work stoppages and other disruptions; changes in the ability to attract, develop, engage, and retain qualified personnel; and the integration of acquired businesses.
Agricultural Equipment Operations
The company's agricultural equipment operations are subject to a number of uncertainties, including certain factors that affect farmers' confidence and financial condition. These factors include demand for agricultural products; world grain stocks; soil conditions; harvest yields; prices for commodities and livestock; availability and cost of fertilizer; availability of transport for crops; the growth and sustainability of non-food uses for some crops (including ethanol and biodiesel production); real estate values; available acreage for farming; changes in government farm programs and policies; changes in and effects of crop insurance programs; changes in environmental regulations and their impact on farming practices; animal diseases and their effects on poultry, beef, and pork consumption and prices on livestock feed demand; and crop pests and diseases.
Production and Precision Agriculture Operations
The production and precision agriculture operations rely in part on hardware and software, guidance, connectivity and digital solutions, and automation and machine intelligence. Many factors contribute to the company's precision agriculture sales and results, including the impact to customers' profitability and/or sustainability outcomes; availability of technological innovations; speed of research and development; effectiveness of partnerships with third parties; and the dealer channel's ability to support and service precision technology solutions.
Small Agriculture and Turf Equipment
Factors affecting the company's small agriculture and turf equipment operations include customer profitability; consumer purchasing preferences; housing starts and supply; infrastructure investment; spending by municipalities and golf courses; and consumable input costs.
Construction and Forestry
Factors affecting the company's construction and forestry equipment operations include real estate and housing prices; the number of housing starts; commodity prices such as oil and gas; the levels of public and non-residential construction; and investment in infrastructure. Prices for pulp, paper, lumber, and structural panels affect sales of forestry equipment.
John Deere Financial
The liquidity and ongoing profitability of John Deere Capital Corporation and the company's other financial services subsidiaries depend on timely access to capital to meet future cash flow requirements, and to fund operations, costs, and purchases of the company's products. If general economic conditions deteriorate or capital markets become more volatile, funding could be unavailable or insufficient. Additionally, customer confidence levels may result in declines in credit applications and increases in delinquencies and default rates, which could materially impact write-offs and provisions for credit losses.
In the first quarter of 2022, the company had a one-time payment related to the ratification of the UAW collective bargaining agreement, totaling $90 million.
In the third quarter of 2021, the company sold a closed factory that previously produced small agriculture equipment in China, resulting in a $27 million pretax gain. During the first quarter of 2021, the fixed assets in an asphalt plant factory in Germany were impaired by $38 million, pretax and after-tax. The company also continued to assess its manufacturing locations, resulting in additional long-lived asset impairments of $12 million pretax. The impairments were the result of a decline in forecasted financial performance that indicated it was probable future cash flows would not cover the carrying amount of the net assets. These impairments were offset by a favorable indirect tax ruling in Brazil of $58 million pretax.
The following table summarizes the operating profit impact, in millions of dollars, of the special items recorded for the three months and nine months ended July 31, 2022 and August 1, 2021:
DEERE & COMPANY OTHER FINANCIAL INFORMATION
The company evaluates its business results on the basis of accounting principles generally accepted in the United States. In addition, it uses a metric referred to as Shareholder Value Added (SVA), which management believes is an appropriate measure for the performance of its businesses. SVA is, in effect, the pretax profit left over after subtracting the cost of enterprise capital. The company is aiming for a sustained creation of SVA and is using this metric for various performance goals. Certain compensation is also determined on the basis of performance using this measure. For purposes of determining SVA, each of the equipment segments is assessed a pretax cost of assets, which on an annual basis is approximately 12 percent of the segment's average identifiable operating assets during the applicable period with inventory at standard cost. Management believes that valuing inventories at standard cost more closely approximates the current cost of inventory and the company's investment in the asset. The Financial Services segment is assessed an annual pretax cost of approximately 13 percent of the segment's average equity. The cost of assets or equity, as applicable, is deducted from the operating profit or added to the operating loss of each segment to determine the amount of SVA.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/08/19/deere-reports-third-quarter-net-income-1884-billion/ | 2022-08-19T12:11:07Z |
Updated: Bicyclist in critical condition after being struck by vehicle on Clark Road
Published: Apr. 21, 2022 at 1:40 PM EDT|Updated: 14 hours ago
SARASOTA, Fla. (WWSB) - A bicyclist is in critical condition after being hit by a pickup truck on Clark Road Thursday afternoon.
Florida Highway Patrol spokesman Kenn Watson told ABC7 that shortly after 1 p.m., a pickup was on Colonial Drive, east of Swift Road, making a right turn onto Clark Road when the truck hit and ran over a bicyclist. The victim was taken to Sarasota Memorial Hospital.
Eastbound traffic on Clark Road was shut down while troopers investigated the incident.
Updated: The driver of the vehicle was issued a citation.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/21/bicyclist-critical-condition-after-being-struck-by-vehicle-clark-road/ | 2022-04-22T08:13:50Z |
Human rights advocate to lead PEN’s writers’ protection work
By THALIA BEATY
Associated Press
NEW YORK (AP) — The literary writer’s organization PEN America has hired a human rights advocate, Liesl Gerntholtz, to expand its support of writers around the world who face imprisonment for their work. Gerntholtz formerly led the women’s rights division at Human Rights Watch among other roles. She will direct a new center created by a $10 million gift to the organization in October from the Edwin Barbey Charitable Trust. Peter Barbey and his family have supported a PEN America award recognizing imprisoned writers since 2016. Gerntholtz says the organization will continue to focus on supporting individual writers who are at risk. | https://localnews8.com/news/ap-national-business/2022/05/04/human-rights-advocate-to-lead-pens-writers-protection-work/ | 2022-05-04T15:21:23Z |
CHICAGO, July 26, 2022 /PRNewswire/ -- AACC 2022 Open Lab Solutions, Inc., is announcing the formation of a new division, AMCAR Scientific, that will focus on an expanding product line of plastic consumables used in the medical industry. OLS is exhibiting within booth #3257 at the 74th American Association for Clinical Chemistry Annual Scientific Meeting and Clinical Laboratory Exposition (AACC 2022) at the McCormick Place Convention Center in Chicago, July 24 – 28th.
This division will be based in the United States and will manufacture medical plastic consumables that are used in the daily operations by healthcare providers such as clinics, diagnostic laboratories, doctors' offices, hospitals, and research hospitals.
"Over the past two years we have seen the impact of offshoring the manufacturing of items used every day in our own Laboratories," said Dennis Loudermilk, the CEO of Open Lab Solutions. "It has been challenging to maintain adequate stock of every-day items we use like pipette tips, plates, and reservoirs, which are all manufactured overseas. Frequent shortages cause strain on our own internal inventory. Without these types of consumables, we cannot make our products and without our products our customers cannot perform the testing that patients need. The past two years have shown that a local source for these goods is needed."
AMCAR Scientific, will initially focus on producing various styles of pipette tips; multiple plates, reservoirs, and trough configurations: and the required storage solutions from polypropylene and polystyrene materials. All of the raw materials and other goods required for manufacturing of these products will be sourced from US based suppliers, and as part of OLS' long term "Medical Consumables Made in America" strategy. AMCAR Scientific's manufacturing facilities will be located within the continental United States to allow for faster services and delivery of supplies and consumables to the healthcare industry.
OLS plans for AMCAR Scientific to begin shipping product by the end of the 3rd quarter of 2023. Longer term plans in development will result in the creation and support of more than 1,000 employees devoted to scientific research, development, and manufacturing.
A site selection process was started earlier this year to determine a suitable location that will provide the best environment for its current and future needs. Three primary candidates have been selected and are undergoing additional evaluation. These sites are located in Allen, Texas; Phoenix, Arizona; and Tulsa, Oklahoma. OLS plans to complete the site evaluations in the next 45 days and announce the final site selection at that time.
Open Lab Solutions, Inc. is a Tulsa, Oklahoma based biotech manufacturer of molecular testing kits with divisions engaged in healthcare software development, medical supply distribution, and managed laboratory services.
Contact Information:
Open Lab Solutions, Inc.
7780 E 106th St.,
Suite 202
Tulsa, OK 74133
Sales Inquiries
Sales@OpenLabSolutions.com
Press Inquiries
Media@OpenLabSolutions.com
Investor Relations
Investors@OpenLabSolutions.com
Jason Macer
918-602.1100 Ext. 810
OpenLabSolutions.com
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SOURCE Open Lab Solutions, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/26/open-lab-solutions-announces-new-manufacturing-division-initially-focus-medical-plastics/ | 2022-07-26T22:31:46Z |
Urgent Care Facility Leverages Advanced eBilling to Improve Patient Payments
NASHVILLE, Tenn. , June 21, 2022 /PRNewswire/ -- Health iPASS, a Sphere company that provides patient payment, intake, and check-in software platform, announced today its strategic partnership with Altus Neighbors Emergency Centers (NEC), a group of hospital-affiliated urgent care centers servicing the Houston, TX area. The relationship is centered around the use of Health iPASS's Advanced eBilling product. Advanced eBilling addresses the unique collection challenges experienced by healthcare providers today, such as staffing shortages, inefficient billing practices, and having to pay costly collection agencies to recover unpaid patient balances.
Advanced eBilling works with any practice management system to review all open patient accounts receivables and sends text or email reminders to patients to make a payment via a secure payment portal. "The concept is simple," explains Raj Voddiraju, founder and group president of Health iPASS, a Sphere company. "Advanced eBilling cuts out the middleman in the patient collections process by automating the retrieval of patient A/R in any aging bucket. Our data has revealed that most patients make a payment after the first notification. By using Advanced eBilling, our clients have been able to collect significantly more patient dollars without the high cost of collection agencies. The added bonus is the way our product boosts the efficiency of existing staff—especially of value in today's staffing climate."
According to Ebony Herron, patient advocacy manager at NEC, "We have seen a 56% increase in inbound call volume to our call center with patients paying their bills after receiving a text/email from Health iPASS. Since implementing Health iPASS Advanced eBilling, we have seen an incredible boost to our staff and resource efficiency, especially regarding our staff who used to call on patients for outstanding bills. We are collecting significantly more patient-responsible dollars for a lot less. In fact, Health iPASS more than paid for their own yearly fee in the first month."
To find out more about Health iPASS Advanced eBilling, visit healthipass.com.
About Sphere
Sphere is a cloud-based, vertically integrated software and payments technology company serving a variety of complex end markets with an established market leading presence in the healthcare, transportation, ecommerce, and non-profit sectors. Sphere was formed in 2017 after a few strategic acquisitions, and today offers products and solutions to their partners and customers through Sphere's TrustCommerce, Health iPASS and QGiv platforms.
Sphere delivers product and solutions that are trusted by more than a third of the 100 largest health systems in the US and thousands of independent medical providers across the country to facilitate and drive secure payments by having Sphere's software solutions highly integrated into clients' workflows, patient billing systems, and electronic health records. Our integrated software and payments solutions help organizations increase payment collection while delivering best in class security, compliance instruments, and a single payment stack standardized for reporting and reconciliation. Sphere also provides fundraising software solutions and tools to 8,000 nonprofits in the US and Canada and maintains key integrations in high growth verticals like insurance, parking, and transportation.
Sphere is a Waud Capital Partners private equity portfolio company, that is an innovative team comprised of payments, healthcare, and technology experts with a mission to capitalize on the acceleration and digital transformation of a fully integrated payment and software experience for our clients.
Anne Bentley
Phone: 203-273-0477
Anne.Bentley@SphereCommerce.com
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SOURCE Sphere | https://www.mysuncoast.com/prnewswire/2022/06/21/spheres-health-ipass-partners-with-altus-neighbors-emergency-clinics/ | 2022-06-21T11:52:05Z |
Parents of sailor who died by suicide on USS George Washington blast Navy’s ‘ridiculous’ response
By Chandelis Duster, CNN
The parents of a sailor who died by suicide while on board the USS George Washington — one of the seven crew members who have died in the past year, including four by suicide — on Wednesday blasted the Navy’s response to the crisis as “ridiculous.”
John Sandor and Mary Graft, the parents of Master at Arms Seaman Recruit Xavier Hunter Mitchell Sandor, told CNN’s Brianna Keilar on “New Day” that their son did not provide much detail about the conditions on the carrier but said the experience was “awful.”
“People shouldn’t have to live like this,” John Sandor said his son told him, adding that Xavier would call them from his car and that there was a lack of hot water with which to take a shower.
Since Monday, more than 200 sailors have been moved from the carrier to a nearby Navy facility after multiple deaths by suicide among the crew, including three in less than one week in April, the Navy said. The deaths have occurred amid an overhaul process and years-long refueling of the carrier at a shipyard in Newport News in Virginia. The Navy has opened an investigation into the command climate and culture on board the Nimitz-class carrier.
“He loved his job. He did his 12-hour shifts. And how do you sleep on an aircraft carrier with jackhammering and smoke and smells during the day? So, he would sleep in his car,” John Sandor said about his son, who was 19. “It is just awful. No sailor should even have been living on that ship in those conditions.”
John Sandor later said, “Knowing what was going on with the crew before him, this could have happened a long time ago and my son would still be alive. I don’t know why it took so long for the Navy to act on it. They had to wait until the seventh to actually make changes? It’s ridiculous.”
CNN reached out to the Navy for comment on Wednesday.
Capt. Brent Gaut, commanding officer of the carrier, made the decision to allow sailors living on board the ship to move to other accommodations, according to a statement from Naval Air Force Atlantic. Although the carrier does not have its full complement of approximately 5,000 sailors, the ship still has about 2,700 sailors working aboard during the overhaul process. About 420 sailors live on board the ship during its overhaul.
The ship’s command is working to identify sailors who could “benefit from and desire the support services and Morale, Welfare, and Recreation (MWR) programs” that are available on local Navy facilities. The Navy is in the process of setting up “temporary accommodations” for these sailors, according to an earlier statement from Naval Air Force Atlantic.
Results from the Navy’s investigation into the deaths are expected this week, Adm. John Meier, commander of US Naval Air Force Atlantic, told reporters on Tuesday.
“We’ve assigned an investigating officer to look into that and to really to look into the proximate cause. Was there an immediate trigger? Was there a linkage between those events? I expect that to report out this week, and I won’t presuppose the outcome of that report,” Meier said.
The investigation is one of two the US Navy is conducting. The second investigation, Meier also said, has a “much broader scope” and focuses on “command climate, command culture.”
In response to the three suicides in April, the Navy added resources to the ship, including a “ship psychologist,” “resiliency counselors,” and “a 13-person sprint team, which is a special intervention team for instances like this,” Meier said.
Editor’s Note: If you or a loved one have contemplated suicide, call the National Suicide Prevention Lifeline at 1-800-273-8255 or text TALK to 741741.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Oren Liebermann contributed to this report. | https://localnews8.com/politics/cnn-us-politics/2022/05/04/parents-of-sailor-who-died-by-suicide-on-uss-george-washington-blast-navys-ridiculous-response/ | 2022-05-04T18:05:04Z |
VANCOUVER, BC, June 28, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) Due to general negative market pressures over the weeks, and a corresponding reduction in the Company's trading price, the Company will be reducing the per unit price of the private placement announced June 8 and 21, 2022.
The price per Unit of the private placement will be reduced from $3.00 per Unit to $2.50 per Unit. All other terms and conditions of the private placement will remain the same, with each Unit consisting of one common share of the Company and one share purchase warrant. Each whole Warrant will allow the subscriber to purchase one additional share of the Company for a period of three (3) years from the date of the closing at a price of CAD $4.00 per share. The expiry of the Warrants may be accelerated at the election of the Company on the terms as previously stated. The Units will be subject to a 4-month hold period. The private placement is subject to the approval of the TSX Venture Exchange.
Please refer to the Company's news releases of June 8 and 21, 2022 for further details.
ABOUT DESERT MOUNTAIN ENERGY
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
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SOURCE Desert Mountain Energy Corp. | https://www.mysuncoast.com/prnewswire/2022/06/28/desert-mountain-energy-announces-private-placement-repricing/ | 2022-06-28T21:10:20Z |
Entreda's Platform To Provide Third-Party Vendor Risk Management and Monitoring Services At Midwestern Broker Dealer/Investment Advisory Firm
SANTA CLARA, Calif. and ANTIOCH, Ill. , May 24, 2022 /PRNewswire/ -- Entreda, an award-winning developer of integrated cybersecurity compliance software and solutions for the wealth management and insurance industries, today announced that Illinois-based Landolt Securities, Inc. has elected Entreda to provide their 50 advisors and employees with network protection under Entreda's industry-leading cybersecurity platform, Unify.
Landolt Securities' decision to partner with Entreda is the latest confirmation that the acclaimed vendor of cybersecurity solutions is increasingly being sought after by investment advisory firms and independent broker-dealers for services that include auto-remediations for end-point devices, data leakage monitoring, and critical security updates. Entreda has agreed to supply Landolt Securities with continuous, 24x7 network monitoring through its Unify Concierge 360 Service, which provides advisors and firms assistance on the spectrum of their automated cybersecurity feature, and has received the highest ratings from other wealth management firms.
Sid Yenamandra, CEO and founder of Entreda, a Smarsh company, said, "Financial advisors cannot map out the best investment strategies for their clients or help them plan for retirement without a cybersecurity solution that addresses and remediates common threats. Network security basics are critical to guaranteeing safe access to advisor-facing and client-facing technology, and Entreda's services that include weekly reports and simulated phishing exercises ensure that firms are following SEC and FINRA guidelines, while ensuring no user is left at the mercy of cyberattacks."
Landolt Securities, founded 32 years ago, oversees a network of independent brokers across the country. Landolt Securities chose Entreda because the solutions provider already works with large networks of broker-dealers, including Advisor Group and LPL Financial. Entreda's third-party vendor risk management capabilities that can be used to monitor independent contractors, including sales representatives, also was a key selection criterion for the firm.
Tyler Reinhard, Chief Operating Officer at Landolt Securities, said, "For our clients across the network, having a trusted financial advisor in their corner means a relationship that is shielded from all-too common problems such as spear phishing, ransomware, malware or DDoS attacks. Landolt Securities is confident that Entreda's cyber platform Unify, with its industry-leading auto-remediation and real-time network vulnerability scanning, will give our advisors and brokers the peace of mind they need as they grow their practice and build trust with the clients they serve."
About Entreda, a wholly owned subsidiary of Smarsh
Entreda is the leading provider of comprehensive cybersecurity software, systems and training to the independent financial advice industry. Its Unify platform monitors endpoints on client networks, offers advanced network vulnerability scanning and automatically remediates vulnerabilities. Entreda's proprietary Cyber Risk Number safeguards clients' data and its Third-Party Risk Management program helps firms easily implement their own vendor risk assessment process. Entreda acquired cloud-based platform Privva in October 2021, further consolidating its position as a provider of vendor risk management services for wealth management. Entreda won the Wealth Management Industry Award for Top Cybersecurity vendor in 2019 and 2020 and was named in the 2021 T3 Inside Information Advisor Software Survey as the market leader for cybersecurity resources. For more information, visit www.entreda.com.
Entreda was acquired by Smarsh, the recognized global leader in electronic communications archiving solutions for regulated organizations, in May 2020. For more information, visit www.smarsh.com.
About Landolt Securities
Landolt Securities, Inc. is a full-service investment advisory firm and broker-dealer based in Antioch, Illinois, with a network of independent brokers across the country. Founded 32 years ago, the firm offers investment advice and services in areas including stocks, bonds, mutual funds, retirement plans, insurance products and alternative investments. Landolt Securities is a member of FINRA and SIPC.
Media Contacts:
Entreda and Smarsh
Joseph Kuo/Elizabeth Shim
Haven Tower Group
424 317 4851 or 424 317 4861
jkuo@haventower.com or eshim@haventower.com
Landolt Securities, Inc.
847 838 5151
www.landoltsecurities.com
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SOURCE Entreda | https://www.mysuncoast.com/prnewswire/2022/05/24/landolt-securities-inc-appoints-entreda-cybersecurity-software-supplier/ | 2022-05-24T11:10:41Z |
Gig-Speed Fiber Optics Network to Reach Over 170,000 Potential Customers in Ohio by End of 2023
CHARLOTTE, N.C., June 29, 2022 /PRNewswire/ -- Brightspeed today announced that it will build a substantial portion of its planned fiber optics network in Ohio, where it expects to deliver, by end of 2023, over 170,000 new fiber passings in portions of a dozen counties in the first phase of construction in the state. Brightspeed plans an additional 210,000 fiber passings in the state in subsequent years of its build plan, for a total of over 380,000 fiber-enabled locations across its Ohio operating territory.
Brightspeed will invest at least $2 billion in its fiber optics transformation, which is expected to reach up to 3 million homes and businesses over the next five years, including in many rural and suburban locations where fiber and advanced technology have not historically been deployed. The company will initially be comprised of the incumbent local exchange carrier (ILEC) assets and associated operations of Lumen Technologies (NYSE: LUMN), which are the subject of a pending acquisition by Apollo-managed funds (NYSE: APO). The parties expect to obtain regulatory approvals in the third quarter of this year, and to close the transaction in early fourth quarter.
Brightspeed has been ramping its network design and construction preparations across its multi-state territory as it continues progress toward day one operations.
"We are thrilled to share details about our network transformation plans for our Ohio footprint," said Chris Creager, Chief Administration Officer of Brightspeed. "Access to ultra-fast, ultra-reliable broadband is simply a necessity across all aspects of daily life for today's households and businesses. There's no better, more proven technology than fiber-to-the-prem (FTTP) to meet this need, now and for the foreseeable future. We believe Ohioans will welcome a new competitive choice for internet and Wi-Fi, and we can't wait to introduce our high-quality products and our simple, straightforward approach to doing business."
Brightspeed's 2022-2023 build plan for Ohio will bring faster, more reliable Internet and Wi-Fi initially to over 170,000 residential and commercial locations in markets within Allen, Crawford, Darke, Defiance, Henry, Logan, Lorain, Richland, Trumbull, Union, Van Wert, and Wayne counties.
"In addition to our own significant build in Ohio, we are looking forward to the opportunity to work with key stakeholders like BroadbandOhio at state and local levels to expand the reach of our advanced fiber network to even more communities," added Creager.
"Today's announcement will be encouraging news for those lacking access in these counties," said Ohio Lt. Governor Jon Husted. "You cannot be part of the modern economy, education system, or healthcare system without access to high-speed internet. That is why, since the beginning of this administration, we have worked to bring broadband to every Ohioan, from forming BroadbandOhio, to awarding $232 million in grants to increase connectivity. These efforts, along with supporting private investments, will make expanded internet a reality, further closing the digital divide."
Brightspeed's mission is to expand and enhance internet access for customers throughout its operating region. The company's state-of-the-art technology leverages XGS-PON, an architecture supporting symmetrical internet speeds that exceed 1Gbps, and Wi-Fi 6, the latest wireless networking standard for better speed and performance within today's device-packed homes and offices.
Brightspeed plans to announce its other state-specific network build plans over the coming weeks.
For more information about Brightspeed, visit the company's website, www.brightspeed.com.
About Brightspeed
Headquartered in Charlotte, N.C. and expected to have assets and associated operations in 20 states, Brightspeed will provide broadband and telecommunications services through a network platform capable of serving more than 6 million homes and businesses. The company aims to bridge the digital divide by deploying a state-of-the-art fiber network and a customer experience that makes staying connected simple and seamless. For more information about Brightspeed, visit the company's website, www.brightspeed.com.
Media
Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
pr@brightspeed.com
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SOURCE Brightspeed | https://www.wibw.com/prnewswire/2022/06/29/brightspeed-announces-initial-fiber-build-markets-ohio/ | 2022-06-29T15:05:40Z |
Jan. 6 panelists: Enough evidence uncovered to indict Trump
WASHINGTON (AP) — Members of the House committee investigating the Capitol riot said Sunday they have uncovered enough evidence for the Justice Department to consider an unprecedented criminal indictment against former President Donald Trump for seeking to overturn the results of the 2020 election.
“I would like to see the Justice Department investigate any credible allegation of criminal activity on the part of Donald Trump,” said Rep. Adam Schiff, D-Calif., a committee member who also leads the House Intelligence Committee. “There are certain actions, parts of these different lines of effort to overturn the election that I don’t see evidence the Justice Department is investigating.”
The committee held its first public hearing last week, with members laying out their case against Trump to show how the defeated president relentlessly pushed his false claims of a rigged election despite multiple advisers telling him otherwise and how he intensified an extraordinary scheme to overturn Joe Biden’s victory.
Additional evidence is set to be unveiled this week in hearing s that will demonstrate how Trump and his advisers engaged in a “massive effort” to spread misinformation and pressured the Justice Department to embrace his false claims.
Committee members indicated Sunday their most important audience over the course of the hearings ultimately may be Attorney General Merrick Garland, who must decide whether his department can and should prosecute Trump. They left no doubt their own view as to whether the evidence is sufficient.
“Once the evidence is accumulated by the Justice Department, it needs to make a decision about whether it can prove to a jury beyond a reasonable doubt the president’s guilt or anyone else’s,” Schiff said. “But they need to be investigated if there’s credible evidence, which I think there is.”
Rep. Jamie Raskin, D-Md., said he doesn’t intend to “browbeat” Garland but noted the committee has already laid out in legal pleadings a variety of criminal statutes they believe Trump violated.
“I think that he knows, his staff knows, the U.S. attorneys know, what’s at stake here,” Raskin said. “They know the importance of it, but I think they are rightfully paying close attention to precedent in history as well, as the facts of this case.”
Garland has not specified how he might proceed, which would be unprecedented and may be complicated in a political election season in which Trump has openly flirted with the idea of running for president again in 2024. “We will follow the facts wherever they lead,” Garland said in his speech at Harvard University’s commencement ceremony last month.
A federal judge in California said in a March ruling in a civil case that Trump “more likely than not” committed federal crimes in seeking to obstruct the congressional count of the Electoral College ballots on Jan. 6, 2021. The judge cited two statutes: obstruction of an official proceeding, and conspiracy to defraud the United States. Trump has denied all wrongdoing.
Schiff appeared on ABC’s “This Week,” and Raskin spoke on CNN’s “State of the Union.”
___
For full coverage of the Jan. 6 hearings, go to https://www.apnews.com/capitol-siege
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/12/jan-6-panel-says-evidence-it-gathered-enough-indict-trump/ | 2022-06-12T18:29:31Z |
OneUnited Bank's episode launches this first-of-its-kind branded series which focuses on businesses scaling their digital presence in response to changing consumer demands
LOS ANGELES, Sept. 13, 2022 /PRNewswire/ -- OneUnited Bank is proud to announce its inclusion in '"The Shift," a new branded video series by Salesforce and NBCUniversal, showing how seven high-growth organizations took on digital transformation during heavy market headwinds — and made it through. "The Shift" will premiere with the OneUnited Bank episode on Sept. 17th, 2022 at 2:30 pm ET on CNBC and will stream exclusively on CNBC.com, Peacock, and Salesforce+. The episode will be available to stream on Salesforce+ and CNBC.com on Monday September 19th, 2022. On Oct. 3, the series will debut on Peacock.
The premiere episode of "The Shift" spotlights how OneUnited Bank, America's largest Black-owned bank, is building a revolutionary new digital product, Cash Please, aimed at upending the predatory payday loan business.
"This moment of social reckoning has created an unprecedented opportunity for our country to overcome the sustained damage from our history of systemic racism. Technology provides the opportunity to organize effectively to drive political, social, and economic change. It also creates the biggest opportunity to generate wealth in the history of mankind," said Kevin Cohee, Chairman and Chief Executive Officer of OneUnited Bank.
Shot over six months at OneUnited Bank branches in Los Angeles, Boston and Miami, the 30-minute episode will explore the story of the Bank, its history and mission to utilize technology to empower Black America to close the racial wealth gap and create generational wealth. The episode covers the innerworkings of the Bank and features interviews that tell the story of the Bank's progress and march towards technology over the past 25 years.
"We are excited to bring OneUnited Bank's inspiring story to life on the premiere episode of The Shift", said Matthew Jaffe, VP, Head of Salesforce Studios. "They are a great example of industry leaders using business as a platform for change through the use of innovative technology."
Media inquiries: Suzan McDowell, Circle of One Marketing, suzan@circleofonemarketing.com or 305-576-3790
About OneUnited Bank
OneUnited Bank (www.oneunited.com) is the largest Black-owned bank in America, the first Black-owned digital bank, a Minority Depository Institution (MDI), and a Community Development Financial Institution (CDFI).
About Salesforce
Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360° view of their customers. For more information about Salesforce, visit: www.salesforce.com.
About NBCUniversal
NBCUniversal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a premium ad-supported streaming service. NBCUniversal is a subsidiary of Comcast Corporation.
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SOURCE OneUnited Bank | https://www.kxii.com/prnewswire/2022/09/13/oneunited-bank-featured-nbc-universals-new-docuseries-shift-powered-by-salesforce/ | 2022-09-13T14:13:35Z |
NEW YORK, July 15, 2022 /PRNewswire/ -- The Board of Directors of Nielsen Holdings plc (NYSE: NLSN) declared a quarterly cash dividend of $0.06 per share of Nielsen's common stock.
The dividend is payable on September 2, 2022 to shareholders of record at the close of business on August 18, 2022.
Nielsen shapes the world's media and content as a global leader in audience measurement, data and analytics. Through our understanding of people and their behaviors across all channels and platforms, we empower our clients with independent and actionable intelligence so they can connect and engage with their audiences—now and into the future.
An S&P 500 company, Nielsen (NYSE: NLSN) operates around the world in more than 55 countries. Learn more at www.nielsen.com or www.nielsen.com/investors and connect with us on social media.
Investor Relations: Sara Gubins, sara.gubins@nielsen.com
Media Relations: Connie Kim, connie.kim@nielsen.com
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SOURCE Nielsen Holdings plc | https://www.mysuncoast.com/prnewswire/2022/07/15/nielsen-declares-quarterly-dividend/ | 2022-07-15T11:33:16Z |
SHANGHAI, July 25, 2022 /PRNewswire/ -- Yunhanxincheng (shanghai) Internet and Technology Co., Ltd. ("Yunhanxincheng) recently kicks off the cooperation with C&K as its authorized distributor. The joint branding names, services and network advantages will add value in product supply, cost-effectiveness, and FAE technical support through user experiences.
About C&K
Since its formation in 1928, C&K has been at the forefront of technological evolution in electromechanical switches. The company's unmatched design capabilities tailored to customer needs are recognized globally by design engineers who demand high-quality switch performance. Nearly a century later, C&K remains one of the most recognizable and trusted names in the e-mech switch industry.
Products and Applications
C&K assembles over 55,000 standard products, 8.5 million switch combinations, and customized solutions, offering a wide range of options, including tactile switches, pushbutton switches, micro switches, toggle switches, rocker switches, detector switches, DIP switches, key switches, navigation switches, rotary switches, slide switches, switchlocks, thumbwheel switches, smart card readers, high-reliability connectors as well as customized components.
C&K products are widely used in various industries, including manufacturing automotive, consumer, healthcare, server/telecom, POS/M2M, aerospace and security as well as transportation. C&K's electromechanical switches, high reliability connectors and custom components have gained the trust of electronics design companies, manufacturers and distributors due to its design innovation, cutting-edge manufacturing processes and strict quality assurance standards.
Cooperation promotes better services
As C&K's partner, with the value-added service in big data, Yunhanxincheng stands out as one of the leading electronic companies, providing a one-stop service in designing, distributing, and assembling electronic products.
Yunhanxincheng has partnered with over 1,500 suppliers covering 16,000 brands, assuring a stable product supply. To achieve win-win cooperation, Yunhanxincheng continues to build an in-depth partnership with top names in an open and connective approach.
Yunhanxincheng strives to expand the service scope, associating in boosting the industry effectiveness, bringing top-notch user experiences to industry customers, namely efficient model selection, BOM tool, product authentication guarantee, 2-hour drop to delivery, credit limits granting, as well as one-on-one customer service.
Yunhanxincheng and C&K's collaboration is a combination of digital services and manufacturing strength of a quality brand in the electronics industry. The two companies will take their cooperation to the next level, promoting more brand activities and new product releases while offering quality and efficient services to users.
About Yunhanxincheng: YunhanXincheng is a leading vertical e-commerce platform specializing in electronic components distribution, holistic solutions, and SMT/PCBA manufacturing. The company was founded back in 2002 and headquartered in Shanghai, China. In 2011, ICKEY.cn, the first version of Yunhanxincheng's e-commerce platform was launched. With nearly 20 years of industry profession, ICKEY has accumulated more than 500,000 registered accounts and served 100,000 corporate accounts in its portfolio.
In addition to electronic components distribution, since 2018, Yunhanxincheng has invested in a SMT factory and an independent design house, to better serve its clients. Beyond its own SMT assembly lines, Yunhanxincheng flaunted the advantages as a big-data platform and rolled out the plan to virtually connect up to one hundred industry-and-application-based SMT factories. That said, Yunhanxincheng being a one-stop shopping site for electronic components is true to the name.
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SOURCE Yunhanxincheng | https://www.wibw.com/prnewswire/2022/07/26/yunhanxincheng-partners-with-major-switch-manufacturer-campk/ | 2022-07-26T01:18:57Z |
The Leukemia & Lymphoma Society urges patients to utilize its free support services every step of the way
RYE BROOK, N.Y., Sept. 1, 2022 /PRNewswire/ -- Leukemia, a blood cancer, is the most common cancer diagnosed in children and adolescents and the second leading cause of all cancer deaths. For good reason, during two national awareness months in September – Childhood Cancer and Blood Cancer Awareness Month – the global leader in the fight against blood cancers, The Leukemia & Lymphoma Society (LLS) is urgently reminding patients and their families to learn about its free support services available all year-round.
Every 180 seconds someone in the US is diagnosed with a blood cancer. LLS is the leading source of free blood cancer information, education, and support for patients, survivors, caregivers, families, and healthcare professionals.
"When someone is diagnosed with blood cancer, every minute matters — to them and their families, to the healthcare professionals treating them, and to us at LLS," said Gwen Nichols, M.D., Chief Medical Officer at LLS. "We know time becomes more precious and so we support patients' and survivors' needs, strive to help improve the quality of their lives, and try to inspire hope every step of the way."
The organization offers free one-on-one support including:
- LLS Information Specialists are highly trained oncology professionals who provide free, personalized assistance to patients, families, and healthcare providers. LLS Information Specialists are ready to help at (800) 955-4572, Monday to Friday, 9 a.m. to 9 p.m. ET or by live chat/email on LLS.ORG.
- LLS Clinical Trial Nurse Navigators are registered nurses with expertise in blood cancers who conduct comprehensive clinical trial searches and personally assist patients, parents, and caregivers throughout the entire clinical trial process.
- LLS's registered dietitian has expertise in oncology nutrition and provides patients, parents, and caregivers with free nutrition consultations.
LLS also offers financial assistance, a podcast, peer-to-peer support, online chats, webcasts, videos, caregiver support, education and outreach programs like Myeloma Link, the LLS Scholarship program, which provides up to $7,500 to cover tuition, and so much more.
LLS Community is an online gathering place for patients, caregivers and healthcare professionals to share experiences and provide support. Once registered, patients can ask questions, provide and receive support, and share stories with others who are going through similar experiences.
While many children survive leukemia, the treatments are harsh and outdated. Through LLS's recently launched Dare to Dream Project, LLS is taking on children's cancer from every direction, disrupting the status quo with a bold vision for young patients – to not only survive their cancer, but thrive in their lives after treatment. The project aims to power innovative research, new, safer treatments, support services, and advocacy.
Cruz Perez-Jimenez, of El Paso, TX knows the devastation of childhood cancer all too well. Diagnosed with acute myeloid leukemia at just four years old, he endured approximately one year of treatment that came with grueling side effects no child should have to experience.
Today, Perez-Jimenez is proud to call himself a survivor, especially after all he overcame. He gives back through LLS's advocacy network and shares his heroic story with others battling blood cancer. He hopes to one day attend medical school and work in the oncology field himself.
"Cancer almost killed me, but it can't take away who I am and who I will become," said Perez-Jimenez.
According to Dr. Nichols, "Every action can make a difference and lead the way to a future without blood cancers." And, LLS offers some ways to help the fight against blood cancer including:
- Donating at LLS.ORG to help more patients and families.
- Registering for one of our inspirational Light The Night community events this fall to bring light to the darkness of cancer.
- Becoming an advocate or exploring volunteer opportunities.
- Following LLS on social media (@LLSusa) and sharing our stories or contributing your own with #BloodCancerAwarenessMonth
To learn more, visit www.LLS.org.
Blood cancer patients and their families should contact the LLS Information Resource Center at (800) 955-4572, Monday through Friday, 9 a.m. to 9 p.m., ET.
The Leukemia & Lymphoma Society® (LLS) is a global leader in the fight against cancer. The LLS mission: Cure leukemia, lymphoma, Hodgkin's disease and myeloma. LLS funds lifesaving blood cancer research around the world, provides free information and support services, and is the voice for all blood cancer patients seeking access to quality, affordable, coordinated care.
Founded in 1949 and headquartered in Rye Brook, NY, LLS has regional offices throughout the United States and Canada. To learn more, visit www.LLS.org. Patients should contact the LLS Information Resource Center at (800) 955-4572, Monday through Friday, 9 a.m. to 9 p.m., ET.
For additional information visit lls.org/lls-newsnetwork. Follow us on Facebook, Twitter, and Instagram.
Media Contacts:
Kristin Hoose, The Leukemia & Lymphoma Society
914-821-8973
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SOURCE The Leukemia & Lymphoma Society (LLS) | https://www.kxii.com/prnewswire/2022/09/01/when-someone-is-diagnosed-with-blood-cancer-every-minute-matters/ | 2022-09-01T12:43:09Z |
SHENZHEN, China, Aug. 18, 2022 /PRNewswire/ -- Leading commercial service robot manufacturer Pudu Robotics has been expanding rapidly throughout the European market in recent months. So far, Pudu Robotics' advanced intelligent service robots such as KettyBot and BellaBot are being used by more than 50 brands and businesses in Europe to improve operations across a wide range of scenarios, proving superior usability and adaptability of PUDU services.
Thanks to the products' wide-ranging utility, PUDU Robots are being used in a great variety of different scenarios. In Poland, oil refining conglomerate, Shell, are leveraging the BellaBot and KettyBot to operate Europe's first automated service station, greeting customers, informing them of current promotional campaigns, and assisting with order delivery. PUDU Robots are also making appearances in other venues, including European electronics retailer Media Markt in the Netherlands, McDonald's in Slovenia, Pizza Hut and KFC in Poland, Nevins Newfield Inn in Ireland, as well as a photography and videography studio in Italy.
Regarding the growth in Europe, founder and CEO of Pudu Robotics, Felix Zhang said, "At PUDU, we see the European market as an important focus for growth and development. European businesses are amongst the most scrupulous with tech innovation, and we believe our industry-leading product range is capable of rising to the challenge. Moving forward, we plan to continue our expansion throughout Europe and provide the very best in commercial service robots to partners around the world."
Outside of Europe, Pudu Robotics has also been serving businesses in other growing regions, leading to the brand's truly global reach. In Jordan, the company recently started a strategic cooperation with Coca-Cola and M&Ms to use the high-end delivery robot, BellaBot, to assist promotional activities in major supermarkets. The BellaBot has also become part of the Filipino chain of fast-food restaurants Jollibee's cool new store innovations. The continuous growth across diverse and highly demanding industries marks the company as a clear leader in the development and deployment of commercial service robots, with a number of successful case studies clearly showing the devices' superior quality and design.
Alongside growing user numbers, Pudu Robotics has continued to focus on R&D and product design, as evidenced by the release of the PuduBot 2 in July this year. The more versatile PuduBot 2 is equipped with a high-performance lithium iron phosphate (LFP) battery, features self-developed PUDU SLAM technology for superior navigation, dual lidar sensors, and industry-first fusing laser and visual positioning navigation technology. In addition, the device is capable of marker-less deployment to reduce deployment time by 75% without having to redecorate ceilings and ensures stable operation even in high-ceilinged environments of up to 40m.
With its many years of expertise in the industry and continuous effort to enrich the service space and expand application scenarios of its products, Pudu Robotics is ready to serve international users and further expand the company's reach.
For more information on Pudu Robotics, please visit www.pudurobotics.com
Or follow us on social media:
Facebook / YouTube / LinkedIn / Twitter / Instagram
About Pudu Robotics
Shenzhen-based and founded in 2016, Pudu Robotics is a world-leading tech-focused enterprise dedicated to the design, R&D, production and sales of commercial service robots, which aims to use robots to improve the efficiency of human production and living, Pudu Robotics has been rapidly growing in recent years to become a "leader" in the global markets with coverage of over 60 countries and regions worldwide.
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SOURCE Pudu Robotics | https://www.wibw.com/prnewswire/2022/08/18/pudu-robotics-continues-strong-european-growth-now-servicing-50-businesses/ | 2022-08-18T15:43:06Z |
Report Highlights Continued Investment and Progress Towards Achieving Environmental, Social, and Governance (ESG) Priorities
NEW YORK, Aug. 24, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today released its FY21 Impact Report, which details the Company's key ESG initiatives, and highlights its progress in advancing those ESG priorities.
"Our commitment to purpose, driving meaningful changes in the communities we serve, and advancing diversity, equity, and inclusion are integral parts of who we are," said Richard Johnson, Chairman and CEO, Foot Locker, Inc. "This past year, we have continued to focus on key ESG priorities, and we are proud of the progress we have made. While we continue to make investments and push our ESG initiatives forward, we know there will always be room for us to do more. We will learn from our past performance and continue to advance our ESG priorities."
The report highlights the four ways in which the Company delivers on its purpose responsibly: (1) Leveraging the Power of Our People and Communities; (2) Strengthening the Sustainability of Our Supply Chain; (3) Managing and Reducing Our Environmental Impacts; and (4) Operating Ethically and Transparently.
Key accomplishments in priority areas include:
- Climate change pledge. Foot Locker, Inc. announced an ambition to achieve Net Zero GHG emissions by 2050 or sooner, in alignment with climate scientists' recommendations to avoid the worst impacts of climate change.
- Empowering people and communities. Through our Leading Education & Economic Development (LEED) Initiative, the Company committed $200 million over five years towards enhancing the lives of our team members and the Black community. As of FY21 year-end, this includes investments in education and economic development initiatives that total nearly $54 million.
- Investing in people and advancing our Diversity, Inclusion, and Belonging strategy (DIBs). Spanning career development, recognition, and wellness, Foot Locker, Inc. continues to place its people at the center of its strategy, creating opportunities for wellbeing, growth, and advancement across the company.
Additionally, Foot Locker, Inc. obtained third-party independent limited assurance of certain ESG metrics in the report.
Foot Locker, Inc.'s FY21 Impact Report is available for download here.
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, and Sidestep. With approximately 2,800 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, Foot Locker, Inc.'s purpose is to inspire and empower youth culture around the world by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information, please visit footlocker-inc.
This press release contains forward-looking statements within the meaning of the federal securities laws. Other than statements of historical facts, all statements which address activities, events, or developments that Foot Locker, Inc. anticipates will or may occur in the future, including, but not limited to, such things as future capital expenditures, expansion, strategic plans, financial objectives, dividend payments, stock repurchases, growth of Foot Locker, Inc.'s business and operations, including future cash flows, revenues, and earnings, and other such matters, are forward-looking statements. These forward-looking statements are based on many assumptions and factors which are detailed in Foot Locker, Inc.'s filings with the U.S. Securities and Exchange Commission.
These forward-looking statements are based largely on our expectations and judgments and are subject to a number of risks and uncertainties, many of which are unforeseeable and beyond our control. For additional discussion on risks and uncertainties that may affect forward-looking statements, see "Risk Factors" disclosed in Foot Locker, Inc.'s Annual Report on Form 10-K for the year ended January 29, 2022, filed on March 24, 2022. Any changes in such assumptions or factors could produce significantly different results. Foot Locker, Inc. undertakes no obligation to update forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Contact:
Robert Higginbotham
Vice President, Investor Relations
robert.higginbotham@footlocker.com
(212) 720-4600
Media Contact:
Cara Tocci
Vice President, Corporate Communications
cara.tocci@footlocker.com
(914) 582-0304
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SOURCE Foot Locker, Inc. | https://www.kxii.com/prnewswire/2022/08/24/foot-locker-inc-releases-fiscal-year-2021-impact-report/ | 2022-08-24T12:36:13Z |
Warren Buffett’s final charity lunch draws record $19M bid
OMAHA, Neb. (AP) — An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffet at a steakhouse in New York City.
The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty. The winner can bring up to seven guests.
Buffett has raised $53 million for GLIDE since the auction began in 2000. The charity earned the philanthropist billionaire’s support when his first wife, Susie, introduced him to it after she started volunteering there. She died in 2004.
This year’s event will be the first private lunch offered with the 91-year-old billionaire since the previous record-setting bid of $4.5 million by cryptocurrency entrepreneur Justin Sun in 2019. The past two auctions were called off due to COVID-19 concerns and Buffett has said this will be the last.
“It’s been nothing but good,” Buffett said of the charity lunch in a news release. “I’ve met a lot of interesting people from all over the world. The one universal characteristic is that they feel the money is going to be put to very good uses.”
Like the winner this year, some other past winners have chosen to remain anonymous. One past winner, Ted Weschler, received a job offer from Buffett’s company after he spent nearly $5.3 million on two auctions in 2010 and 2011. Weschler now works as an investment manager for the Omaha, Nebraska, conglomerate, Berkshire.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/18/warren-buffetts-final-charity-lunch-draws-record-19m-bid/ | 2022-06-18T19:23:25Z |
China’s FM visits Kiribati, where fishing ground is at stake
By NICK PERRY
Associated Press
WELLINGTON, New Zealand (AP) — China’s foreign minister on Friday arrived on the remote Pacific nation of Kiribati, where the future of a vast fishing ground is at stake.
The planned four-hour visit by Wang Yi was his second stop on an eight-nation tour that comes amid growing concerns about Beijing’s military and financial ambitions in the South Pacific region.
Kiribati closed its borders this year as it tries to stamp out an outbreak of COVID-19. But its government made a rare exception to allow Wang and his 20-strong delegation into the country for face-to-face discussions.
At stake in Kiribati is the future of the Phoenix Islands Protected Area, a stretch of ocean the size of California that has been named a UNESCO World Heritage site.
In November, Kiribati President Taneti Maamau announced the government planned to end the commercial fishing ban that had been in place since 2015 and begin to sustainably fish the area.
Anna Powles, a senior lecturer in security studies at New Zealand’s Massey University, said she expected there would be some fisheries agreements between China and Kiribati that would come from Wang’s visit.
Powles said China, which already dominates fishing in the region, had offered to upgrade an airport runway and causeway in the Phoenix Island group.
“The worry is that this would essentially obliterate the fish stock,” she said. “That it would severely damage fish stocks that are already under pressure.”
She said there were also concerns that any kind of base for Chinese commercial fishing fleets in Kiribati could also be used as an additional hub for Beijing’s surveillance activities.
Kiribati’s president said Wang would visit his residence for bilateral discussions during the visit, and emphasized the health protocols that were in place.
Maamau said in a statement that the Chinese delegation would need to take PCR tests before arriving and stay in a travel bubble while there, and that everybody in Kiribati who came into contact with them would need to quarantine afterward for a week — presumably including himself.
“The high-level state visit is an important milestone for Kiribati-China relations, as it will strengthen and promote partnership and cooperation between our two countries after the resumption of diplomatic ties in 2019,” Maamau said.
China says Wang’s trip to the region builds on a long history of friendly relations between Beijing and the island nations.
A draft document obtained by The Associated Press shows that Wang is hoping to strike a deal with 10 small Pacific nations during his visit. The sweeping agreement covers everything from security to fisheries and is seen by at least one Pacific leader as an attempt by Beijing to wrest control of the region.
Wang is hoping the countries will endorse the pre-written agreement as part of a joint communique after a May 30 meeting in Fiji with the other foreign ministers.
But Australia scrambled to counter the move Thursday by sending its own Foreign Minister Penny Wong to Fiji to shore up support in the Pacific.
In Fiji, Wong said it was up to each island nation to decide what partnerships they formed and what agreements they signed, but urged them to consider the benefits of sticking with Australia.
“Australia will be a partner that doesn’t come with strings attached nor imposing unsustainable financial burdens,” Wong said. “We are a partner that won’t erode Pacific priorities or Pacific institutions.”
China signed a security pact with the Solomon Islands last month in a move that sent shock waves around the world.
That pact has raised fears that China could send troops to the island nation or even establish a military base there, not far from Australia. The Solomon Islands and China say there are no plans for a base.
During his 10-day visit, Wang is also planning to make stops in Samoa, Fiji, Tonga, Vanuatu, Papua New Guinea and East Timor.
Australia’s new Prime Minister Anthony Albanese said Thursday he’d sent Wong to Fiji because Australia needed to “step up” its efforts in the Pacific.
“We need to respond to this because this is China seeking to increase its influence in the region of the world where Australia has been the security partner of choice since the Second World War,” he told the Australian Broadcasting Corp.
But Chinese Foreign Ministry spokesperson Wang Wenbin said that in recent years, exchanges and cooperation between Beijing and the island nations had been expanding in a development that was welcomed by the Pacific countries. | https://localnews8.com/news/ap-national-business/2022/05/26/china-fm-visits-kiribati-where-fishing-ground-is-at-stake/ | 2022-05-27T05:18:09Z |
AUSTIN, Texas, Aug. 11, 2022 /PRNewswire/ -- This summer, Modernize Home Services released its annual Homeowner Sentiment Report findings, resulting from a recent survey of more than 23,000 homeowners. Respondents shared their thoughts on preparing for home improvement projects, budgeting, pain points, and more. The 2022 Homeowner Sentiment Report includes a special set of questions regarding homeowner stressors, such as surging prices, a potential recession, supply chain backlogs, and political unrest. The results indicate that 86% of homeowners consider at least one of these factors to be the cause of their stress. Modernize strives to understand how homeowners and their home improvement decisions are being impacted by recent events.
Each year, Modernize conducts an extensive survey of homeowners to provide insight into what drives them to start home improvement projects. These results offer homeowners an insight into how they compare to others considering home improvements and help contractors better understand their customers to best support them. The results are compiled and compared by trade and weighed against previous surveys.
Important Homeowner Insights
- 37% of homeowners plan to spend 1-5 hours on research before hiring a professional and 43% plan to spend at least 6 hours on research before hiring.
- 24% of homeowners use home improvement websites like Modernize when researching their upcoming projects.
- The majority of homeowners (83%), across trades, have not created a budget. If they do, they are not confident in it; 73% are either somewhat or not confident at all in their budget. 41% of homeowners with a budget found online articles and tools to be helpful.
- Almost 80% of homeowners would like to finance part, if not all, of their project.
- This year, only 32% of homeowners have had to cancel or pause a project, down from 45% last year. This year, however, the reason for most cancellations (74%) is cost.
- 50% of homeowners plan to pursue additional projects in the next six months, up from 38% in January 2021. 11% plan on spending more than $11,000.
- Almost half of homeowners use recommendations from friends to find a contractor. Social media (8%) is up 2% from last year.
- 87% of homeowners will compare 2 or more quotes or bids ahead of selecting a professional.
- The top three factors, other than price, for selecting a contractor for a project are online ratings/reviews, expertise, and references.
- The two top attributes of a contractor's sales process making homeowners least likely to hire him/her are tardiness and lack of communication.
Homeowner Stress Levels Special Report
- 61% of homeowners selected that their levels of stress about decisions relating to their home as "more than I can handle" and "a lot of stress, it's tough to manage."
- Homeowners looking to complete a roofing project (75%) with Modernize are the most stressed trade.
- 57% of homeowners believe the level of stress today is "somewhat worse" to "much worse" than at the start of the COVID-19 pandemic in 2020.
- Almost 70% of homeowners said the biggest barrier to their home improvement projects is the "high cost of supplies." An additional 14% said it is "coping with managing the whole project."
- 45% of homeowners across trades agreed completely with the statement, "I just feel overwhelmed by everything that would have to be managed for this project."
The Modernize team recently hosted a webinar on Friday, July 29 reviewing the survey results. The webinar included participation and expert insight from Cassie Morien, director of strategy and homeowner insights analyst for Modernize; Megan Wolfe, director of client strategy & development for Modernize; Bobby Vickers, chief marketing officer for Brennan Enterprises; and Briana Hetherington, a business consultant for Bath Pros of NJ. Industry experts advised how contractors can implement strategies for connecting with customers and mitigating their stressors in the face of inflation and other taxing current events. An exclusive eBook is also available and free to access.
Morien is available to discuss the survey results in detail.
About Modernize Home Services
For more than 17 years, Modernize Home Services has been a leader in the home improvement and services industry, connecting homeowners with contractors and other home services professionals. Modernize operates in more than 15 high-value, high-consideration home segments, including new and replacement windows, solar installation, roofing, heating and air conditioning, siding, bathrooms and kitchens, new and replacement gutters, home security, and others. The business brings a network of more than 1,000 contractors and professionals across all segments, offering broad geographical coverage and choice for homeowners.
Modernize Home Services is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. Modernize.com is a member of QuinStreet's expert research and publishing division.
Twitter: https://twitter.com/Modernize
Facebook: https://www.facebook.com/modernizehome
Instagram: https://www.instagram.com/modernizehome/?hl=en
Media Contact
Jacqueline Leppla
Senior Director of Brand Marketing
QuinStreet, Inc
Direct +1 650 578-7609
Cell +1 775 842 9048
Email: jleppla@quinstreet.com
LinkedIn
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SOURCE Modernize.com | https://www.wibw.com/prnewswire/2022/08/11/modernize-home-services-annual-homeowner-sentiment-report-current-events-have-strong-impact-home-improvement-demand/ | 2022-08-11T16:57:44Z |
It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.
The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.
Stacker compiled a list of cities with the fastest-growing home prices in Dallas-Fort Worth-Arlington, TX metro area using data from Zillow. Cities are ranked by 1-year price change as of July 2022. The typical home value in the United States increased over the last year by +19.8% to $354,165. Data was available for 200 cities and towns in Dallas.
You may also like: Cities with the most expensive homes in Dallas metro area
1 / 30Stacker
#30. Hudson Oaks, TX
– 1-year price change: +$132,641 (+32.0%)
– 5-year price change: +$230,115 (+72.6%)
– Typical home value: $547,107 (#43 most expensive city in metro)
2 / 30Stacker
#29. Annetta, TX
– 1-year price change: +$133,438 (+31.0%)
– 5-year price change: +$249,674 (+79.5%)
– Typical home value: $563,635 (#38 most expensive city in metro)
3 / 30Stacker
#28. Sunnyvale, TX
– 1-year price change: +$133,548 (+26.2%)
– 5-year price change: +$213,841 (+49.7%)
– Typical home value: $644,247 (#25 most expensive city in metro)
4 / 30Stacker
#27. Flower Mound, TX
– 1-year price change: +$136,248 (+27.8%)
– 5-year price change: +$250,645 (+66.7%)
– Typical home value: $626,464 (#29 most expensive city in metro)
5 / 30Stacker
#26. McKinney, TX
– 1-year price change: +$138,217 (+32.6%)
– 5-year price change: +$234,250 (+71.3%)
– Typical home value: $562,663 (#39 most expensive city in metro)
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6 / 30Stacker
#25. Murphy, TX
– 1-year price change: +$138,594 (+28.1%)
– 5-year price change: +$247,890 (+64.7%)
– Typical home value: $631,129 (#28 most expensive city in metro)
7 / 30Stacker
#24. Hebron, TX
– 1-year price change: +$144,330 (+28.9%)
– 5-year price change: +$247,890 (data not available)
– Typical home value: $643,950 (#26 most expensive city in metro)
8 / 30Stacker
#23. Lantana, TX
– 1-year price change: +$152,347 (+30.7%)
– 5-year price change: +$252,368 (+63.7%)
– Typical home value: $648,827 (#23 most expensive city in metro)
9 / 30Stacker
#22. Trophy Club, TX
– 1-year price change: +$155,874 (+28.4%)
– 5-year price change: +$279,703 (+65.9%)
– Typical home value: $704,204 (#20 most expensive city in metro)
10 / 30Stacker
#21. Fairview, TX
– 1-year price change: +$158,281 (+28.6%)
– 5-year price change: +$276,093 (+63.4%)
– Typical home value: $711,717 (#19 most expensive city in metro)
You may also like: Zip codes with the most expensive homes in Dallas metro area
11 / 30Stacker
#20. Pecan Acres, TX
– 1-year price change: +$159,199 (+25.2%)
– 5-year price change: +$320,633 (+68.1%)
– Typical home value: $791,742 (#15 most expensive city in metro)
12 / 30Stacker
#19. Annetta South, TX
– 1-year price change: +$159,467 (+29.5%)
– 5-year price change: +$329,690 (+88.9%)
– Typical home value: $700,541 (#21 most expensive city in metro)
13 / 30Stacker
#18. Double Oak, TX
– 1-year price change: +$161,088 (+23.6%)
– 5-year price change: +$358,357 (+73.8%)
– Typical home value: $844,264 (#11 most expensive city in metro)
14 / 30Stacker
#17. Copper Canyon, TX
– 1-year price change: +$161,433 (+23.2%)
– 5-year price change: +$351,343 (+69.4%)
– Typical home value: $857,472 (#10 most expensive city in metro)
15 / 30Stacker
#16. Annetta North, TX
– 1-year price change: +$165,999 (+28.5%)
– 5-year price change: +$322,188 (+75.5%)
– Typical home value: $749,137 (#17 most expensive city in metro)
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16 / 30Stacker
#15. Colleyville, TX
– 1-year price change: +$175,904 (+24.9%)
– 5-year price change: +$328,096 (+59.1%)
– Typical home value: $883,013 (#9 most expensive city in metro)
17 / 30Stacker
#14. Celina, TX
– 1-year price change: +$176,583 (+37.3%)
– 5-year price change: +$286,329 (+78.8%)
– Typical home value: $649,751 (#22 most expensive city in metro)
18 / 30Stacker
#13. Argyle, TX
– 1-year price change: +$178,552 (+27.7%)
– 5-year price change: +$334,307 (+68.5%)
– Typical home value: $822,117 (#13 most expensive city in metro)
19 / 30Stacker
#12. Frisco, TX
– 1-year price change: +$180,974 (+34.1%)
– 5-year price change: +$290,125 (+68.7%)
– Typical home value: $712,324 (#18 most expensive city in metro)
20 / 30Stacker
#11. McLendon-Chisholm, TX
– 1-year price change: +$181,548 (+31.3%)
– 5-year price change: +$315,034 (+70.7%)
– Typical home value: $760,863 (#16 most expensive city in metro)
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21 / 30Stacker
#10. Heath, TX
– 1-year price change: +$183,864 (+29.0%)
– 5-year price change: +$327,832 (+66.9%)
– Typical home value: $817,694 (#14 most expensive city in metro)
22 / 30Stacker
#9. Prosper, TX
– 1-year price change: +$232,531 (+38.1%)
– 5-year price change: +$373,602 (+79.7%)
– Typical home value: $842,376 (#12 most expensive city in metro)
23 / 30Stacker
#8. Parker, TX
– 1-year price change: +$244,616 (+29.6%)
– 5-year price change: +$435,975 (+68.7%)
– Typical home value: $1,070,754 (#8 most expensive city in metro)
24 / 30Stacker
#7. Southlake, TX
– 1-year price change: +$255,899 (+27.1%)
– 5-year price change: +$469,947 (+64.4%)
– Typical home value: $1,199,989 (#6 most expensive city in metro)
25 / 30Stacker
#6. Lucas, TX
– 1-year price change: +$264,531 (+32.2%)
– 5-year price change: +$464,886 (+74.9%)
– Typical home value: $1,085,716 (#7 most expensive city in metro)
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26 / 30Stacker
#5. Bartonville, TX
– 1-year price change: +$265,368 (+28.1%)
– 5-year price change: +$489,838 (+67.9%)
– Typical home value: $1,211,042 (#5 most expensive city in metro)
27 / 30Stacker
#4. Westover Hills, TX
– 1-year price change: +$399,814 (+20.3%)
– 5-year price change: +$740,864 (+45.4%)
– Typical home value: $2,373,188 (#2 most expensive city in metro)
28 / 30Stacker
#3. Westlake, TX
– 1-year price change: +$399,877 (+28.4%)
– 5-year price change: +$718,708 (+65.9%)
– Typical home value: $1,808,795 (#4 most expensive city in metro)
29 / 30Stacker
#2. University Park, TX
– 1-year price change: +$439,805 (+26.9%)
– 5-year price change: +$651,579 (+45.8%)
– Typical home value: $2,074,884 (#3 most expensive city in metro)
30 / 30Stacker
#1. Highland Park, TX
– 1-year price change: +$493,205 (+26.0%)
– 5-year price change: +$717,766 (+42.9%)
– Typical home value: $2,392,189 (#1 most expensive city in metro)
You may also like: Highest-rated cheap eats in Dallas, according to Tripadvisor | https://cw33.com/news/local/cities-with-the-fastest-growing-home-prices-in-dallas-metro-area-5/ | 2022-08-23T17:22:22Z |
NEW YORK, May 10, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II (NASDAQ: EMBK, EMBKW, NGAB, NGAB.U, NGAB.WS) between January 12, 2021 and January 5, 2022, inclusive (the "Class Period"), of the important May 31, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Embark securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Embark class action, go to https://rosenlegal.com/submit-form/?case_id=4934 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Embark had performed inadequate due diligence into Embark Trucks Inc. ("Legacy Embark"); (2) Legacy Embark and the Company, following the November 2021 merger of Legacy Embark and Northern Genesis Acquisition Corp. II (the "Business Combination"), held no patents and an insignificant number of test trucks; (3) accordingly, Embark had overstated its operational and technological capabilities; (4) as a result of all the foregoing, Embark had overstated the business and financial prospects of the Company post-Business Combination; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Embark class action, go to https://rosenlegal.com/submit-form/?case_id=4934 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/05/10/rosen-leading-law-firm-encourages-embark-technology-inc-fka-northern-genesis-acquisition-corp-ii-investors-secure-counsel-before-important-deadline-securities-class-action-embk-embkw-ngab-ngabu-ngabws/ | 2022-05-11T05:34:13Z |
LOS ANGELES, Sept. 6, 2022 /PRNewswire/ -- Dave Inc. (NASDAQ: DAVE, DAVEW), a banking app on a mission to build products that level the financial playing field, today announced that Chien-Liang Chou has been named Chief Technology Officer, effective immediately.
Mr. Chou previously served as Executive Vice President of Engineering at Dave, a position he held since 2020. In this role, he led the engineering, data, infrastructure, security and information technology teams, spearheading various data initiatives resulting in greater efficiencies and a better member experience. He has brought to Dave more than 20 years of experience developing software and technology platforms, with significant expertise in infrastructure buildouts, automation, machine learning, and more.
"Chien-Liang has been one of our greatest assets, instrumental in the buildout not only of our technology platform, but in the products and services we have been able to offer our members," stated Dave Co-founder and CEO Jason Wilk. "He continues to take on an increasingly important role and will play a big part in shaping our technology architecture going forward as we grow and scale. His dedication to Dave and the millions of members served has not gone unnoticed and I look forward to working with him and his team as we deliver the best banking and customer experience for our members."
Before joining Dave, Mr. Chou served as Vice President of Engineering with Flexport, where he managed all technology hubs both domestically and abroad, driving next-generation tech platforms to help scale their business. Previously, he served as VP, Technology with LendingClub Corporation, where he led the Loan Services Platform and Investor groups. While with LendingClub, Mr. Chou was instrumental in the buildout and implementation of cloud migration and micro-services, and the Company's next-gen platform, LendingClub 2.0. Earlier in his career, he held leadership positions and various technology roles with Stockpile, LOYAL3, Salesforce.com, and FirstRain.
"I am grateful for this opportunity and the recognition of my peers and will continue to give my all to develop the best technology platform and tools in our industry that will benefit Dave and the members we serve," stated Mr. Chou. "Our mission is what drives my team and we will continue to collaborate with all departments to ensure we have the best infrastructure in place that can support our growth, while continuing to improve the member experience."
Mr. Chou will work closely with Dave's leadership to develop and execute the long-term plan and vision for Dave's technology architecture, scaling its software and systems, and building out the Company's technology team.
Dave is a banking app on a mission to build products that level the financial playing field. Dave's financial tools, including its debit card and spending account, help millions of customers bank, budget, avoid overdraft fees, find work and build credit. For more information, visit www.dave.com.
This press release includes forward-looking statements, which are subject to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "feel," "believes," expects," "estimates," "projects," "intends," "should," "is to be," or the negative of such terms, or other comparable terminology and include, among other things, the quotations of our Chief Executive Officer and statements regarding Dave's future performance and other future events that involve risks and uncertainties. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: the ability of Dave to compete in its highly competitive industry; the ability of Dave to keep pace with the rapid technological developments in its industry and the larger financial services industry; the ability of Dave to manage its growth as a public company; disruptions to Dave's operations as a result of becoming a public company; the ability of Dave to remediate material weaknesses in Dave's internal controls over financial reporting and maintain an effective system of internal control over financial reporting; the ability of Dave to protect intellectual property and trade secrets; changes in applicable laws or regulations and extensive and evolving government regulations that impact operations and business; the ability to attract or maintain a qualified workforce; level of product service failures that could lead Dave members to use competitors' services; investigations, claims, disputes, enforcement actions, litigation and/or other regulatory or legal proceedings; the effects of the COVID-19 pandemic on Dave's business; the possibility that Dave may be adversely affected by other economic, business, and/or competitive factors; and those factors discussed in Dave's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") on March 25, 2022 and subsequent Quarterly Reports on Form 10-Q under the heading "Risk Factors," filed with the SEC and other reports and documents Dave files from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and Dave undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
Contacts
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SOURCE Dave Inc. | https://www.kxii.com/prnewswire/2022/09/06/dave-announces-appointment-chien-liang-chou-its-new-chief-technology-officer/ | 2022-09-06T12:57:21Z |
Uvalde: Visitations, funerals and burials, one after another
UVALDE, Texas (AP) - It should have been the first day of a joyous week for Robb Elementary School students — the start of summer break.
Instead on Monday, the first two of 19 children slain inside a classroom were being remembered at funeral visitations.
The gathering for 10-year-old Amerie Jo Garza was at Hillcrest Memorial Funeral Home in Uvalde, Texas, directly across from the grade school where the children, along with two teachers, were shot to death on Tuesday before the gunman himself was killed.
Amerie was a happy child who had just gotten her first cell phone for turning 10 and had gotten a certificate the morning of the shooting for making the honor roll. She also loved to paint and draw and work in clay.
Her stepfather, Angel Garza, a medical assistant who arrived soon after the shooting and found himself helping injured students learned she had been shot from one of the 10-year-old’s friends.
Visitation for another 10-year-old, Maite Rodriguez, was at another funeral home.
Maite liked and excelled at physical education — after her death, her teacher texted her mother to say she was very competitive at kickball and ran faster than all the boys.
She was among the honor roll students recognized at an assembly the morning of the shooting.
Her mother, Ana Rodríguez, described her as “focused, competitive, smart, bright, beautiful, happy.”
More visitations, funerals and burials will follow over the next two-and-a-half weeks, one after another, after another.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/31/uvalde-visitations-funerals-burials-one-after-another/ | 2022-05-31T04:39:29Z |
Partnership marks Jackpocket's third deal in Major League Baseball
NEW YORK, June 6, 2022 /PRNewswire/ -- Jackpocket, the leading third-party app in the U.S. to provide a secure way to order official state lottery tickets, and the Colorado Rockies today announced Jackpocket as the Official Mobile Lottery Partner of the Rockies baseball team. This partnership is Jackpocket's third with a Major League Baseball (MLB) team, after announcing deals earlier this spring with the Minnesota Twins and Texas Rangers.
With this partnership, Jackpocket will be hosting ticket giveaways, free branded merchandise, and also offering unique VIP experiences for Rockies fans. New players will be able to enter the unique code "ROCKIES" at checkout in the Jackpocket app to receive a free lottery ticket.
"As baseball season really heats up, our partnership with the Colorado Rockies couldn't come at a better time," said Jackpocket Founder and CEO Peter Sullivan. "The Rockies are a local institution and we're excited to bring fans a new, digital-first way to play the lottery while also celebrating their love of this storied team."
"We are thrilled to partner with Jackpocket to facilitate growth of their brand amongst our audience," said Walker Monfort, Rockies Vice President of Corporate Partnerships. "Alongside their existing partnerships in professional and collegiate sports, we look forward to enhancing their user base throughout the Rocky Mountain region."
In addition to giveaways and VIP experiences, Jackpocket will be featured on Rockies.com and social media, Rockies radio, LED assets at Coors Field and McGregor Square and throughout the stadium's concourse televisions.
This is Jackpocket's seventh major league sports partnership, adding to a growing roster of relationships with the NFL, NBA, NHL, and college athletics. The Rockies were in the top 10 for highest attendance in 2021 out of any MLB team, clocking in at the ninth highest.
Jackpocket is on a mission to create a more convenient, fun and responsible way to play the lottery. The first licensed third-party lottery app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets. Jackpocket is currently available in Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, New York, Ohio, Oregon, Texas, and Washington, D.C., and is expanding to many new markets. Download the app on iOS or Android and follow along on Facebook, Twitter, and Instagram.
The Colorado Rockies are a Major League Baseball team competing in the West Division of the National League (NL). The franchise is a newer one to MLB, founded as an expansion team in 1993. They have qualified for the post-season playoffs five times, winning the NL pennant in 2007. For additional information on the Rockies, please visit mlb.com/rockies and follow the team on Twitter, Instagram, Facebook, and YouTube.
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SOURCE Jackpocket | https://www.mysuncoast.com/prnewswire/2022/06/06/jackpocket-named-official-digital-lottery-partner-colorado-rockies/ | 2022-06-06T15:46:54Z |
Louisville City Council approves Metzger Park soccer project
Louisville City Council
Monday meeting
KEY ACTION: Approved a soccer project at Metzger Park.
DISCUSSION: Everlast Landscape Group was the lowest and best bid for the soccer fields project. Funding for the $365,816.81 project will come from a $250,000 grant from the state and $103,875.38 from the American Rescue Plan Act. The remaining $11,941.45 is accounted for by previously approved purchase orders for the project, according to Finance Director Sonja Herwick.
The project includes removal of fencing and bleachers at ball fields, excavation and installation of 18-inch and 24-inch conduit catch basins, ditch erosion protection and construction of four new soccer fields. Work is expected to begin in July.
OTHER ACTION:
- Approved Juneteenth as a holiday for the police patrol officers.
- Rejected all bids for the Aljancic Park restroom renovations because they exceeded the engineer's estimate by more than 20%.
- Held discussion about public participation at meetings, and changed the times to five minutes if people are pre-registered and three minutes if not.
UP NEXT: Meets at 7 p.m. June 21, due to the Juneteenth holiday, at Constitution Center, 1022 W. Main St.
— David Scheurer | https://www.cantonrep.com/story/news/2022/06/08/louisville-city-council-approves-metzger-park-soccer-fields-project/9999651002/ | 2022-06-08T12:54:15Z |
Did you lose money on investments in Tupperware Brands? If so, please visit Tupperware Brands Corporation Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, July 8, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) between November 3, 2021 and May 3, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Southern District of New York and alleges violations of the Securities Exchange Act of 1934.
Tupperware operates as a consumer products company worldwide. The Company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.
Plaintiff alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants allegedly made false and/or misleading statements and/or failed to disclose that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full year 2022 guidance was unrealistic and/or unsustainable; and (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition.
On May 4, 2022, Tupperware announced its financial results for the first quarter of 2022. Among other items, Tupperware reported adjusted earnings per share from continuing operations and net sales that fell well short of consensus estimates, withdrew its full year 2022 guidance, and named a new Chief Financial Officer. The Company attributed the poor performance to the conflict in Russia and Ukraine. However, when pressed by analysts on a conference call, the Company acknowledged that Russia and Ukraine only accounted for 2% of its revenue.
On this news, the Company's stock price fell $5.76 per share, or over 32%, to close at $12.15 per share on May 4, 2022.
If you wish to serve as lead plaintiff, you must move the Court no later than August 15, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased or acquired TUP securities, and/or would like to discuss your legal rights and options please visit Tupperware Brands Corporation Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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SOURCE Bernstein Liebhard LLP | https://www.mysuncoast.com/prnewswire/2022/07/09/tupperware-brands-corporation-nyse-tup-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-tupperware-brands-corporation-nyse-tup/ | 2022-07-09T10:54:56Z |
FAIRFAX, Md., July 13, 2022 /PRNewswire/ -- During an official signing ceremony, Smoothstack, Inc., one of the nation's leading IT apprenticeship and career generators, signed the Employer Support of the Guard and Reserve's (ESGR) Statement of Support, a formal commitment to support the Guard and Reserve in their careers during and after their service.
"At Smoothstack we believe in removing the hiring bias to level the playing field for everyone, including those that serve our country," said John Akkara, CEO of Smoothstack, Inc. "It is our responsibility as employers to promote a culture that is inclusive for service members, and provides career stability for them and their families. We are incredibly proud to sign this Statement of Support to the ESGR."
The ESGR is a Department of Defense (DoD) program that develops and promotes supportive work environments for service members in the National Guard and Reserve through outreach, recognition, and educational opportunities that increase awareness of applicable laws. Through the Statement of Support Program, ESGR aims to increase employer support by encouraging employers to act as advocates for employee participation in the military. Employers signing a statement of support pledge that:
- We fully recognize, honor, and comply with the Uniformed Services Employment and Reemployment Rights Act.
- We will provide our managers and supervisors with the tools they need to effectively manage employees who serve in the Guard and Reserve.
- We appreciate the values, leadership, and unique skills Service members bring to the workforce and will encourage opportunities to hire Guardsmen, Reservists, and Veterans.
- We will continually recognize and support our country's Service members and their families, in peace, in crises, and in war.
"As a military spouse it is important to me to support other military families as they transition in and out of service," said Martha Laughman, director of military and diversity programs at Smoothstack, Inc. "We have always recognized the value and dedication that service members bring to the workplace and with this Statement of Support, we are thrilled to further strengthen our commitment."
Smoothstack multiplies technology talent potential to power today's complex businesses. We accomplish this by removing barriers to hire diverse talent and upskill them through elite, immersive, outcome-based training. Smoothstack creates opportunities for populations traditionally underrepresented in the technology sector, such as minorities, women, and veterans. Smoothstack designs staffing solutions to deliver predictable expert talent pipelines, leading the way to better opportunities, better candidates, and better outcomes. Smoothstack is a women-owned/ minority-owned business.
Learn more at http://smoothstack.com.
For media inquiries, please contact: press@smoothstack.com
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SOURCE Smoothstack, Inc. | https://www.kxii.com/prnewswire/2022/07/13/smoothstack-inc-makes-commitment-support-guard-reserve-their-careers-during-after-their-service/ | 2022-07-13T13:09:03Z |
NORTH BERGEN, New Jersey (WABC) -- A call-to-action has been issued throughout a community in New Jersey to exterminate an invasive bug that has swarmed the neighborhood.
Thousands of spotted lanternflies have taken over a building in North Bergen.
"I don't know where they came, are they leaving? I mean you can't kill them," tenant Carol Winfield said. "You step on them, they jump back up. Are they human? Are they aliens?"
Tenants say the flies literally climb up the building and multiply at a very quick rate. They have been seen everywhere in the building.
"They swim in our pool. We've seen multiple sometimes 4, 5, 6 at a time can be just swimming in our swimming pool," said tenant Laurie Jaffe.
"You swat one after the other after the other and they just keep coming," a tenant said.
One tenant said they kill about a hundred on their terraces a day.
"It is horrendous. They're on the walls, they're falling on you while you're trying to clean," a tenant said.
The New Jersey Department of Agriculture has signed a campaign called "Join the battle, Beat the Bug, Stomp it Out, Stop the Spotted Lanternfly."
"While it does not harm humans or animals, it can reduce the quality of life for people living in heavily infested areas," the department said. "SLF is a serious invasive pest with a healthy appetite for our plants and it can be a significant nuisance."
"You can't go out on your terrace, they will fly into your home. My neighbor's dog ate one, very very sick," said Jaffe.
Residents in North Bergen say they first appeared last summer.
"They will adhere to people. They like people. I've had them stuck in my hair. I've had them on my back," said Jaffe.
As of a month ago, the spotted lanternflies made a comeback.
Tenants and building staff say they've begun mitigation efforts this week, including hiring exterminators, to try to get the problem under control.
The building staff and tenants are all over this part of the garden state, but they may just have to wait until pool season is over.
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accounts, the history behind an article. | https://www.albanyherald.com/residents-urged-to-kill-invasive-spotted-lanternflies-swarming-building/article_2a7213f2-9630-5a74-9110-f746673342da.html | 2022-08-05T16:38:32Z |
Which fidget popper purse is best?
If you know a kid who loves fidget popper toys, you might want to consider getting them a fidget popper purse. A fidget popper purse is fun and practical, combining those satisfying pop features with a cute bag. It’s great for situations where you are worried a fidget popper toy might get lost or become distracting. A purse’s strap makes it less likely to get misplaced, and the functionality makes it feel less like a toy and more like a fashion accessory. The Umogy Pop Purse Crossbody Body Handbag is a great starter purse with a fun fidget popper twist.
What to know before you buy a fidget popper purse
Compartment closures
Most fidget popper purses feature a zipper closure at the top for keeping bag contents secure. Some have a fold-over flap that shields contents but does not secure them entirely, while others feature both a zipper and a fold-over flap. There are also fidget popper purses that don’t close at all. These closures are mostly used on large shoulder bags or little bags for children who struggle with zippers.
Themes and designs
Does your child want a fidget popper purse shaped like an adult bag or one with a fun character design? Some of these purses come in basic square or rectangular shapes, while others are molded to look like unicorns, butterflies, bunnies and more. Like fidget popper games, most fidget popper purses feature colorful rainbow or tie-dye patterns.
Purpose of the bag
Before selecting a fidget popper purse, consider what you want out of it. If the popping elements are the most important feature, then check to make sure the purse you’re considering has popping elements on both sides because not all of them do. If storage is a priority, pay attention to the dimensions. Consider a fidget popper backpack if the purse options look too small. Animal-shaped purses are cute and fun, but their unusual shapes can make it more difficult for the wearer to put items in and take items out.
What to look for in a quality fidget popper purse
Adjustable and removable straps
The strap is part of what elevates a fidget popper toy to a usable accessory. A good strap matches the color palate of the purse. Additionally, the strap should be adjustable to accommodate children of different sizes. Since the strap is typically the only fabric component on a fidget popper purse, choose a removable option for an easier cleaning process.
Food-grade silicone
Food-grade silicone doesn’t contain harmful components like lead, phthalates or harmful industrial chemicals, such as bisphenol A (also known as BPA). It’s also durable and lightweight, making it perfect for a purse. The texture is smooth and makes for satisfying popping elements.
Eye-catching colors
A fidget popper purse deserves a color scheme that catches the eye. All color blocking or tie-dye patterns should look vibrant, feel intentional and be designed to stand out against any backdrop. Most importantly, a really good fidget popper purse comes in the colors advertised without glaring discrepancies.
How much you can expect to spend on a fidget popper purse
A fidget popper purse usually costs $5-$15, while a fidget popper backpack can cost up to $20.
Fidget popper purse FAQ
How big is a fidget popper purse?
A. Most fidget popper purses are small, measuring between 3 inches in width to 10 inches in height or width. The size depends on the shape, as many of the purses are in playful animal or dessert shapes.
What is the best age range for a fidget popper purse?
A. Fidget popper purses are geared toward children, but anyone can use one. Most of them are designed to appeal to children ages 3-13.
How do you clean a fidget popper purse?
A. While silicone is technically dishwasher-safe, the best way to clean a fidget popper purse is with warm, soapy water or a with a wet paper towel.
What’s the best fidget popper purse to buy?
Top fidget popper purse
Umogy Pop Purse Crossbody Body Handbag
What you need to know: This pink and blue crossbody fidget popper purse is 8.7 inches wide and 4.5 inches tall. It has a zipper closure and a pink and white strap.
What you’ll love: It’s wide enough to fit a cellphone, pencils, crayons or other small accessories. It has popping pieces on the front and the back. The strap has a fun pattern and is adjustable.
What you should consider: It’s not very durable.
Where to buy: Sold by Amazon
Top fidget popper purse for the money
Lakdun Unicorn Crossbody Pop Purse
What you need to know: This rainbow unicorn-shaped crossbody fidget popper purse is 5 inches wide and 6 inches tall. It had a zipper closure and a matching rainbow strap.
What you’ll love: The shape offers a bold unicorn silhouette. It has an adjustable and removable strap. The zipper is durable, and the unicorn horn is prominent but not sharp.
What you should consider: It’s smaller in person than it looks in the photos.
Where to buy: Sold by Amazon
Worth checking out
Oumee 2-Pack Cat and Heart Pop Purses
What you need to know: This set comes with a heart-shaped fidget popper purse and a cat-shaped fidget popper purse. Both purses are 5.7 inches wide and about 5 inches tall. They both have zipper closures.
What you’ll love: It comes with two bags for the price of one, so your child can switch up their style or have a backup purse close at hand. The matching rainbow strap is thick and adjustable. The cat purse has a pink silicone bow and silicone whiskers.
What you should consider: Only one side of each purse has fidget popper components. The set only comes with one strap for the two purses, so it’s not ideal for two children.
Where to buy: Sold by Amazon
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Emily Verona 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/toys-games-br/theme-toys-br/best-fidget-popper-purse/ | 2022-04-23T12:18:08Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for COP, TSLA, MSFT, AMD, and CRM.
Click a link below then choose between in-depth options trade idea report or a stock score report.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/06/02/thinking-about-trading-options-or-stock-conocophillips-tesla-microsoft-advanced-micro-devices-or-salesforce/ | 2022-06-02T14:29:17Z |
Teamsters Local 104 Members Authorize Strike After Weeks of Contentious Negotiations; Contract Expired July 3
PHOENIX, July 7, 2022 /PRNewswire/ -- This morning, more than 250 members of Teamsters Local 104 in Phoenix voted to authorize a strike at Sysco Arizona in Tolleson, Arizona. The vote to strike was nearly unanimous, with 97 percent of 228 participating members voting in favor.
"We are fed up with the company's attitude towards its essential workers. We aren't backing down because we know what we deserve," said Curtis Barney, a five-year driver and Local 104 Steward. "We dedicate our lives to keep our communities fed. The company likes to remind us that we are essential, but guess what, we know we are essential! We cannot put up with this treatment anymore."
The contract with Sysco expired on July 3 and covers fleet drivers, warehouse workers, facility maintenance mechanics and fleet mechanics.
"The company is delaying and stalling negotiations. We still have numerous economic and non-economic articles open, and the company straight out refuses to address our concern with strike language, which is our members' right under the National Labor Relations Act," said Ryan Proctor, Local 104 Business Agent.
Local 104 members service restaurants, schools, and other businesses throughout Arizona. If the labor dispute at Sysco Arizona isn't settled soon, the Teamsters warn there will be a national impact.
"The Teamsters Union is currently in negotiations at several locations on both coasts, and our members at Sysco are united. If the company fails to offer a fair and reasonable deal for Local 104 members, there will be widespread repercussions across the country," said Tom Erickson, Teamsters International Vice President and Director of the Teamsters Warehouse Division. "We are gearing up for a fight and coordinating with locals nationwide to get our members what they deserve."
Founded in 1903, the International Brotherhood of Teamsters represents 1.2 million hardworking men and women throughout the United States, Canada and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.
Contact:
Daniel Moskowitz, (770) 262-4971
dmoskowitz@teamster.org
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SOURCE International Brotherhood of Teamsters | https://www.wibw.com/prnewswire/2022/07/08/teamsters-vote-authorize-strike-sysco-arizona/ | 2022-07-08T02:23:35Z |
Acquisition of Digital Signage Network Bolsters Fyllo's Retail Solutions; Ushers in New Era of Connective Commerce
NEW YORK, June 14, 2022 /PRNewswire/ -- Fyllo, the leading platform providing data-driven marketing and regulatory solutions to drive new growth, today announced the signing of an agreement to purchase NineSixteen, an interactive retail display network that delivers high-impact digital experiences in physical retail locations.
NineSixteen will bolster Fyllo's widely-used retail offering, which was created to build stronger connections with today's most progressive consumers.
The combination of NineSixteen's hardware and software platform has proven to increase in-store sales for some of the top retailers in cannabis, fashion and apparel. Now, through this acquisition, both cannabis retailers and brands will have access to NineSixteen's revenue-boosting technology while at the same time providing an even more progressive brand experience to customers.
"Fyllo's platform is built for ambitious marketers to reach today's most progressive consumers who expect more from retail and brand experiences," said Chad Bronstein, Founder and CEO of Fyllo. "We have a track record of creating highly effective loyalty and promotional campaigns for our customers. The addition of NineSixteen's hardware and software will allow us to take this to the next level and deliver 'connective commerce' solutions to retailers."
"NineSixteen's vision is to reimagine how the digital and physical retail sectors coincide and to define what an effective in-store digital experience should be. The Fyllo team understood our mission from the moment we launched and have been champions of the company we have created. Now as part of Fyllo, we can innovate faster and stay ahead of the changes our new consumer economy brings," said Sumant Yerramilly, CEO, NineSixteen.
Bronstein continued, "At Fyllo we are always looking for ways to enhance our offerings and build additional value for our customers. NineSixteen not only provides new retail hardware and software to our suite, but it also provides brands with the best user experience, which ultimately leads to stronger connections with their customers. We look forward to welcoming the NineSixteen team into the Fyllo Family."
NineSixteen's subscription-based software platform provides retailers with interactive digital signage that helps consumers get more from their shopping experience – from endless product discovery and purchase to loyalty signup and promotions at the point-of-sale. The company will continue to serve its portfolio of leading retailers. Additionally, its software will be integrated into Fyllo's Retail Solutions and has applications across several sectors including retail/apparel, gaming and hospitality.
This is Fyllo's second acquisition in 2022 and fourth since it was founded in 2019. In April the company announced the acquisition of Semasio, a pioneer in unified targeting for digital marketing, to enhance its data solutions.
Fyllo is on a mission to accelerate the economies of tomorrow. Fyllo's marketing and regulatory solutions provide the tools, data and integrations needed to drive new growth with speed and scale. Powered by the largest ecosystem of cannabis and CBD purchase data and an industry-leading regulatory database, Fyllo's marketing and regulatory solutions are used by Fortune 500 companies and emerging brands to stay competitive and compliant. For more information, visit www.hellofyllo.com.
NineSixteen is on a mission to become the customer service experience platform for brands & retailers in the physical world - unlocking seamless experiences around product discovery, rewards, loyalty enrollment and purchase. This enables a world where products are brought to life and browsing is fun & interactive. Most importantly - Buying is frictionless. By applying the contextual data derived from these interactions across hundreds of locations and brands we will be able to leverage physical interaction data like never before. Our vision is to enable this seamless experience platform that connects the offline world to the online world. Today - we are focused on interactive digital layers & in-person mobile experiences to bring this vision to life across hundreds of retail locations. For more information, visit www.ninesixteen.com
Contact:
KCSA for Fyllo
fyllo@kcsa.com
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SOURCE Fyllo | https://www.kxii.com/prnewswire/2022/06/14/fyllo-agrees-acquire-ninesixteen-create-nextgen-retail-offering/ | 2022-06-14T12:49:45Z |
Dead sperm whale washes ashore in Philippines, latest in string of deaths
By Heather Chen, CNN
A dead sperm whale has washed ashore in the Philippines, the latest in a string of whale deaths that has experts concerned.
Two fishermen spotted the 60-foot (18-meter) carcass on a beach in the Davao region early on Saturday, the Department of Environment and Natural Resources (DENR) said. It had “multiple wounds” and was “most likely, already lifeless” when it reached the shore, the DENR added.
It’s the second dead sperm whale found in the Philippines this year and the discovery came just a day after a juvenile female washed ashore in Tel Aviv, Israel. Earlier this month, an adult male and a newborn calf were found dead in the Florida Keys.
The IUCN Red List of Threatened Species lists sperm whales as “vulnerable” and at a “high risk of extinction in the wild”. In the United States, they are listed as endangered under the Endangered Species Act.
Experts are investigating the cause of death of the whale found in Davao and the necropsy is expected to take at least 36 hours.
Earlier this year, another dead sperm whale, measuring more than 42 feet (about 13 meters), washed ashore on Mindanao, the second-largest island in the Philippines — stunning residents and baffling Philippine marine biologists who said they could not ascertain the cause of death despite collecting tissue samples and dissecting the whale’s stomach for clues.
Five other sperm whales were discovered dead in areas around Davao in 2019. Some had eaten marine trash and toxic microplastics.
A post-mortem of a dehydrated and emancipated young whale showed pieces of nylon rope and single-use plastic cups — commonly used by local food vendors — in its stomach. Its stomach and intestines were otherwise empty.
Disposing of dead whales is a mammoth task due to their size. Letting nature take its course is an option but noxious gases that naturally build up can prove dangerous.
In Davao, DENR regional executive director Bagani Fidel A. Evasco ordered the area to be cordoned off.
“The carcass should be disposed of immediately because its smell can be toxic and hazardous to the community,” he said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/23/dead-sperm-whale-washes-ashore-in-philippines-latest-in-string-of-deaths/ | 2022-05-23T10:24:29Z |
Amber Heard expected to resume testimony in Johnny Depp libel trial
FALLS CHURCH, Va. (AP) — Amber Heard is expected to take the witness stand Monday for a third day of testimony in a libel suit filed against her by her ex-husband, Johnny Depp.
The high-profile trial is resuming after a one-week hiatus to accommodate a judicial conference. Jurors have already heard four weeks of testimony.
Heard has already spent two days on the witness stand and still has not been cross-examined by Depp’s lawyers.
Heard told jurors she was physically and sexually abused on multiple occasions before and during her brief marriage to Depp, which lasted from 2015-16. Depp has already testified and denied he ever hit Heard.
Depp is suing Heard in Fairfax County Circuit Court for libel over an op-ed she wrote in The Washington Post describing herself as “a public figure representing domestic abuse.” His lawyers say he was defamed by the 2018 article even though it never mentioned his name.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/16/amber-heard-expected-resume-testimony-johnny-depp-libel-trial/ | 2022-05-16T12:53:08Z |
For the first time, Gartner recognizes observability as a category in the Magic Quadrant
SAN FRANCISCO, June 10, 2022 /PRNewswire/ -- Honeycomb, a leading observability platform used by high-performance engineering teams to quickly visualize, analyze, and improve cloud application quality and performance, today announced that it was positioned by Gartner as a Leader in the Magic Quadrant for Application Performance Monitoring and Observability[1]. The evaluation was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute.
Honeycomb is a tool that is vastly different from traditional APM tools, as it helps teams quickly and concretely understand how code performs and behaves in the hands of real users—in aggregate and down to the individual user level, a necessity in today's complex cloud environments. With the ability to sift through billions of rows of complete telemetry data grouped by any arbitrary number of dimensions, Honeycomb enables faster debugging, higher uptime, better performing services, more time for innovation, and ultimately, happier developers and end users.
"Time and time again, prospects and customers come through our door because their current APM tool can't deliver the answers they need about what's happening in their system," said Christine Yen, co-founder and CEO of Honeycomb. "Traditional APM tools were built during the age of the monolith and simply don't have the data fidelity to reveal deeper unpredictable patterns in today's cloud-native systems. This is why we're proud to be a leader in this year's APM and Observability Magic Quadrant. Tools like Honeycomb provide a fundamentally different way of understanding the state of your system, as teams can get the answers they need when they need them."
Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The research enables you to get the most from market analysis aligned with your unique business and technology needs.
View a complimentary copy of the Magic Quadrant report to learn how observability differs from APM and more about Honeycomb's strengths and cautions, among other provider offerings, at https://www.honeycomb.io/gartner-magic-quadrant-apm-observability-2022/.
Additional resources:
• Explore the business outcomes enabled by Honeycomb
• Read more about Honeycomb's placement in Gartner Magic Quadrant on our blog
• Sign up for Honeycomb's free tier to get started
GARTNER and Magic Quadrant are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product, or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Honeycomb provides observability for high-performance engineering teams so they can quickly understand what their code does in the hands of real users in unpredictable and highly complex cloud environments. Honeycomb customers stop wasting precious time on engineering mysteries because they can quickly solve them and know exactly how to create fast, reliable, and great customer experiences. HelloFresh, Stripe, Slack, Heroku, CircleCI, LaunchDarkly, and many more rely on Honeycomb for fast incident response, performance optimization, and to safely accelerate release cycles. Learn more at www.honeycomb.io and follow us on Twitter.
Media Contact
Harrison Calato
Senior Corporate Communications Manager
Honeycomb
harrisoncalato@honeycomb.io
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SOURCE Honeycomb | https://www.wibw.com/prnewswire/2022/06/10/honeycomb-named-leader-2022-gartner-magic-quadrant-application-performance-monitoring-observability/ | 2022-06-10T17:15:30Z |
SAN DIEGO, April 20, 2022 /PRNewswire/ -- Mirati Therapeutics, Inc. (NASDAQ: MRTX), a clinical-stage targeted oncology company, will announce financial results for the first quarter of 2022 along with recent corporate updates on May 4, 2022. During a conference call at 4:30 p.m. ET / 1:30 p.m. PT on May 4, company executives will provide company updates and review financial results.
Investors and the general public are invited to listen to a live webcast of the call at the "Investors and Media" section on Mirati.com or by dialing the U.S. toll free +1 313-209-4906 or international +1 800-406-5356, confirmation code: 6391007. A replay of the call will be available approximately 2 hours after the event has ended at the same website.
Mirati Therapeutics, Inc. is a clinical-stage biotechnology company whose mission is to discover, design and deliver breakthrough therapies to transform the lives of patients with cancer and their loved ones. The company is relentlessly focused on bringing forward therapies that address areas of high unmet need, including lung cancer, and advancing a pipeline of novel therapeutics targeting the genetic and immunological drivers of cancer. Unified for patients, Mirati's vision is to unlock the science behind the promise of a life beyond cancer. For more information about Mirati, visit us at Mirati.com or follow us on Twitter, LinkedIn and Facebook.
This press release contains forward-looking statements regarding the business of Mirati Therapeutics, Inc. ("Mirati"). Any statement describing Mirati's goals, expectations, financial or other projections, intentions or beliefs, development plans and the commercial potential of Mirati's drug development pipeline, including without limitation adagrasib (MRTX849), sitravatinib, MRTX1133, MRTX1719 and MRTX0902 is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to risks and uncertainties, particularly those challenges inherent in the process of discovering, developing and commercialization of new drug products that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such drugs.
Mirati's forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward looking statements. Although Mirati's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Mirati. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Mirati's programs are described in additional detail in Mirati's quarterly reports on Form 10-Q and annual reports on Form 10-K, which are on file with the U.S. Securities and Exchange Commission (the "SEC") available at the SEC's Internet site (www.sec.gov). Mirati assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
Investor Relations: ir@mirati.com
Media Relations: media@mirati.com
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SOURCE Mirati Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/04/20/mirati-therapeutics-report-first-quarter-2022-financial-results-recent-corporate-updates/ | 2022-04-20T22:41:02Z |
Enhanced Infrastructure Capabilities Allow e-Commerce Brands to Incorporate Prescription Products More Seamlessly than Ever Before
TORONTO, June 8, 2022 /PRNewswire/ -- Locke Bio, a digital health platform company, today announced enhancements to their infrastructure capabilities that will support e-commerce brands that are selling pharmaceutical drugs. The all-in-one, white-labeled platform can integrate companies with Locke Bio partners' integrated network of fully licensed doctors and pharmacies, as well as seamless merchant processing, packaging and shipping, drug dispensing and compounding capabilities, and more in as little as two weeks – a process that can typically take months or even years.
"Breaking into the multi-billion dollar pharmaceutical industry presents a tremendous opportunity for e-commerce brands to expand revenue and increase profit margins. Prescription drugs are also incredibly 'sticky', meaning e-commerce brands who offer prescription products will benefit from longer relationships with customers," said Cathy Tie, founder of Locke Bio. "Particularly in today's health-conscious market, telemedicine and telepharmacy products are up 38 times in the wake of the pandemic and our solution makes this rapid, seamless transition into prescription drugs fast and easy for e-commerce brands."
This first-of-its-kind solution builds fully-branded, digital storefronts from end-to-end, including telehealth visits, payment processing, and customizable intake modules, all while adhering to strict HIPAA regulations and industry standards. Customers have access to Locke Bio partners' full network of licensed physicians and pharmacies, who are available across all 50 U.S. states.
As part of the upsell shopping experience, Locke Bio can also integrate over the counter (OTC) products alongside prescription products in the same workflow. This is possible for e-commerce brands incorporating prescription products, for drug companies looking to add OTC products to their portfolios, or for drug manufacturers going direct-to-consumer.
Brands have already started taking advantage of Locke Bio's enhanced features. For example, Tie commented, "We recently supported a skincare dermatology client in setting up an asynchronous, direct-to-consumer brand to sell prescription products across the United States. In a matter of weeks, they were connected to Locke Bio's network of pharmacies and providers, and were able to start dispensing prescription dermatology products to their patients. On top of dermatology, we've also supported clients in wellness, mens' health, and other industry verticals."
"Given strict industry regulations, integrating pharmaceuticals onto your platform is typically a very complicated process. e-Commerce brands can lean on Locke Bio's expertise to make these integrations faster, less expensive, and less complex," said Tie. "What's more, manufacturing companies, or anyone hoping to offset inflation, can enjoy more control over their costs, as well as higher margins, by going direct-to-consumer."
Locke Bio is a digital health platform company dedicated to helping any enterprise launch a fully integrated, branded telehealth service that includes customized patient intake and onboarding, personalized telemedicine consultations, EMR, e-commerce payments, advanced marketing analytics, and a North American provider and pharmacy network. Now, direct-to-consumer prescription brands can go to market without the costly, time-consuming, and onerous work of reinventing the wheel.
Visit http://www.lockebio.com to request a demo.
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SOURCE Locke Bio | https://www.wibw.com/prnewswire/2022/06/08/e-commerce-brands-can-launch-prescription-product-offerings-two-weeks-or-less-with-new-locke-bio-platform/ | 2022-06-08T13:08:13Z |
Leading operator of full-service dining restaurants announces leadership changes to build on momentum; Kern appoints Jessica Hagler to CFO role
HOUSTON, Aug. 22, 2022 /PRNewswire/ -- SPB Hospitality, the industry-leading operator and franchisor of steakhouses, pizza and craft brewery restaurants, today announced the appointment of Josh Kern as interim Chief Executive Officer.
Kern subsequently announced the appointment of SPB veteran Jessica Hagler as the company's new Chief Financial Officer.
Kern most recently served as President of Concepts at SPB Hospitality, overseeing marketing, culinary, beverage, supply chain, and information technology. He previously held leadership positions with several successful restaurant groups including Quiznos, American Blue-Ribbon Holdings, Smashburger, and Cerca Trova Restaurant Concepts. Kern began his restaurant career working on White Castle with J. Walter Thompson advertising agency.
"I'm honored to take the reins at such an exciting time for SPB Hospitality as we work together to build on our momentum," Kern said. "In my 25 years in the restaurant industry, I've been fortunate to be part of many great brands, and I see that same greatness in the SPB Hospitality portfolio. I'm inspired by being on-site at our locations and talking with the people who create outstanding dining experiences for our guests each day. There is extraordinary potential in this collection of brands, and I'm proud to be a part of this exceptional team."
Hagler has served as interim Chief Financial Officer of SPB Hospitality since April 2022. She was previously Vice President, Chief Financial Officer, Treasurer & Secretary of J. Alexander's ("JAX") until its acquisition by SPB Hospitality in September 2021. Hagler had held various roles at JAX including Vice President, Controller and Chief Accounting Officer, Director of Financial Reporting and Director of Compliance. Prior to joining J. Alexander's, Hagler was a Senior Manager in the audit practice at KPMG, LLP.
"Josh has played in integral role in the growth and success of SPB Hospitality, so he was the obvious choice to serve in this new leadership role," said Morgan McClure, President of SPB Hospitality and Managing Director at Fortress Investment Group. "We have enormous confidence in both Josh and Jessica to lead these brands and build on the vision for our collection of restaurant brands and their thousands of team members across the country."
To learn more about SPB Hospitality's brands and locations, visit www.spbhospitality.com.
SPB Hospitality is a leading operator and franchisor of full-service dining restaurants, spanning a national footprint of hundreds of restaurants and breweries in 39 states and the District of Columbia. The Company's diverse portfolio of restaurant brands includes Logan's Roadhouse, Old Chicago Pizza & Taproom, and a collection of restaurant-brewery brands, including Rock Bottom Restaurant & Brewery and Gordon Biersch Brewery Restaurant. SPB Hospitality also operates a collection of specialty restaurant concepts including ChopHouse & Brewery, Big River Grille & Brewing Works, AIA Ale Works Restaurant & Taproom, Ragtime Tavern Seafood & Grill, J. Alexander's Restaurant, Merus Grill, Redlands Grill, Stoney River Steakhouse and Grill, and Seven Bridges Grille & Brewery. In addition, the company created and operates several virtual brands including Twisted Tenders, Ember Smoked, Leo's Italian Kitchen, Roadies, and Logan's on the Road.
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $44.4 billion of assets under management as of June 30, 2022. Founded in 1998, Fortress manages assets on behalf of over 1,900 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies.
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SOURCE SPB Hospitality | https://www.kxii.com/prnewswire/2022/08/22/spb-hospitality-names-josh-kern-interim-ceo/ | 2022-08-22T13:26:59Z |
Fast-growing agency also relaunches website and refreshes brand identity
NEW YORK, June 6, 2022 /PRNewswire/ -- Now in its third year, Allied Sports has grown to over forty staffers and continues to fill key positions across its full-service sports marketing practice, including new leaders in brand strategy, creative design, analytics, and partnership development.
Recently, Ryan Scanlan joined to lead the Data and Analytics offering at Allied Sports. Scanlan was previously in similar roles at Sportfive and CAA Sports, providing sponsorship valuation and measurement services in support of brand and commercial clients. In April, Megan Fogarty joined Allied Sports as Vice President of Partnership Development after nearly four seasons with the Los Angeles Rams and prior sales roles with IMG and the PGA TOUR.
Earlier this year, the agency also welcomed Brianna Babb as Strategy Director and Bethany Crowley as Creative Services Director. Babb brings over fifteen years of experience as a senior strategist and brand planner with creative agencies like North, Wieden + Kennedy and Wongdoody. Crowley led creative design for brand experiences across several high-profile sponsorship programs for over a decade at 160over90, following previous roles as a Senior Art Director in the music industry.
"These are game-changing hires for our business – not just the critical roles they play, but the talented people in them," said Chief Executive Officer Greg Luckman. "Ryan, Megan, Brianna and Bethany have each made an immediate impact to the integrated client service process we designed for the industry's shift from Sponsor to StorytellerTM."
Allied Sports also relaunched its website last month and enhanced its visual brand identity, both strategic measures developed as part of the agency's three-year growth plan.
"Since day one, we have taken a very measured approach to building the Allied Sports brand," added Kevin McSherry, Executive Vice President of Strategy & Solutions. "We have successfully scaled our service offerings over time and are proud to unveil a new website that captures our brand essence and communicates our value proposition."
Allied Sports currently serves a diverse roster of clients, from innovative brands like Cisco and Quest Diagnostics to sports properties on the rise such as the Florida Panthers and the NWSL.
ABOUT ALLIED SPORTS
Allied Sports launched in 2019 by bringing together award-winning leaders who have built and managed some of the largest sports marketing agencies in the world over the last two decades. Today, we are allies together in a nimble agency whose mission is to help modern marketers accelerate the shift from Sponsor to StorytellerTM – leveraging the promise of sports sponsorship to tell a story their audiences cannot ignore. To learn more, visit www.alliedsports.com or follow @AlliedSports on LinkedIn.
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SOURCE Allied Sports | https://www.mysuncoast.com/prnewswire/2022/06/06/allied-sports-expands-leadership-team-with-recent-hires/ | 2022-06-06T14:11:00Z |
Woman arrested after attacking pickup truck before stripping naked in the street, police say
TULSA, Okla. (Gray News) – A woman has been arrested in Tulsa after police say she attacked a man’s pickup truck before stripping naked in the street.
An officer first saw the woman walking in the street shortly after 5 p.m. Friday, the department said in a Facebook post.
The officer was flagged down by a man, who pointed at the woman and said she had beat his truck with a two-by-four piece of lumber. Police said the truck showed damage to its door and cab.
Police said when officers tried to talk to the woman, she stripped off all of her clothes and ran naked into the intersection.
Officers said they caught up with her, and she surrendered but refused to put on her clothes or cooperate with them.
Police said the woman’s strange behavior led them to suspect that she was under the influence of drugs.
They said she also lied about her name but was eventually identified by police as Jyl Russell.
Police arrested Russell for public intoxication, malicious injury to property and false impersonation.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/02/woman-arrested-after-attacking-pickup-truck-before-stripping-naked-street-police-say/ | 2022-05-02T17:59:47Z |
FTX Ventures led the seed round alongside Y Combinator, Coinbase Ventures, Protocol Labs and Huobi Ventures, and Third Kind
SAN FRANCISCO, July 27, 2022 /PRNewswire/ -- Coinfeeds (or "the Company") today announced that it has raised a $2M seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator. Coinfeeds give users the ability to monitor the social media mentions and activity of web3 and NFT projects which is beneficial for all web3 participants from the average user to professional investors, to the protocol itself looking for insights on the health of its own community.
Coinfeeds was co-founded by Moyi Dang (CEO), who has a background working as a data scientist at multiple firms, and most recently at Uber, and also managed the early Chinese community at Filecoin, and Bhavya Agarwal (CTO), who had tenures as a software engineer at firms like Microsoft, Uber, and Robinhood, where he built their machine learning platforms. The pair realized the power of natural language processing (or "NLP") after building a news summary bot that quickly became popular in some of the top crypto subreddits. After this, they built a news API that is now used by some of the largest crypto exchanges to show news to their customers. They knew that by applying NLP to the social channels most frequented by web3 communities, Twitter, Telegram, and Discord, they could generate insights about community activity and sentiment that could have a number of applications depending on the end user.
Moyi Dang, CEO & Co-Founder of Coinfeeds, commented on the news, "Coinfeeds was developed around the idea that web3 communities are social first. Pretty much all important information is shared through some sort of social platform, which is openly accessible. The way the crypto community shares and engages with information provides auto-curation. By taking advantage of this data, we can not only filter out spam, but we can also pick up on what is important in real time. By organizing this information well, we lower the cost of doing research, and we lower information asymmetry in crypto, which is very high."
After joining Y Combinator's prestigious accelerator program and raising a $2M seed raise at an undisclosed valuation, the pair have launched the Coinfeeds app which includes free and premium options alongside API support for institutional and professional users. While all users have access to twitter mentions & followers, discord, and telegram message activity alongside price and market cap change, sentiment-based insights are a premium feature that can also be accessed via a free trial. In addition to having these metrics for NFT projects and tokens, the app can also provide premium users with insights on some of the top crypto investors, and breakout projects based on social metrics. The app also includes monitoring of daily trending tweets across crypto twitter. They are also partnering with some major crypto projects like Near, and the Graph to build out social monitoring for their communities.
Bhavya Agarwal, CTO & Co-Founder of Coinfeeds, concluded, "After working with NLP for years we realized the technology could be used to provide actionable insights for web3 communities. We use it to generate these insights about sentiment and activity about all these crypto projects that each have their own unique way of communicating across different social channels like Twitter, Telegram, and Discord."
Investor Quotes:
Ramnik Arora, General Partner at FTX Ventures, commented on the seed raise, "We view Coinfeeds as a key piece of infrastructure for multiple stakeholders in the web3 community from traders to developers. Moyi and Bhavya's collective expertise in data science and software engineering have allowed them to harness NLP to provide actionable data-based insights via their recently launched app. We look forward to seeing how users of the platform leverage these insights to make more informed investment decisions or enhance offerings based on community feedback."
Brad Holden, Fund Lead at Protocol Labs, commented on the seed raise, "Coinfeeds is committed to driving the next generation of analytics tools for Web3, which lowers the cost of doing research and can onboard the next set of users. It also provides crypto projects with valuable insights into their community and helps those projects make more data-driven decisions."
Jinbin Xie, Senior Investment Manager at Huobi Ventures, commented on the seed raise, "Community is particularly important for web3 projects. With their leading data science and NLP technology, Moyi and Bhavya are helping web3 projects to keep abreast of the community and build their DAOs. We expect Coinfeeds to become an essential infrastructure for building DAOs in the web3 space."
About Coinfeeds
Coinfeeds is an application that aggregates metrics and insights across different social networks to help businesses, investors, and web3 natives alike make more effective, data-driven decisions. The platform leverages natural language processing to monitor and generate insights from key web3 community social channels like Twitter, Discord, and Telegram to track sentiment, mentions, followers, and messages. This data is also used to create a custom social graph for every coin or NFT project to identify key opinion leaders and track what projects investors and influencers tweet about the most, and what projects they recently invested in. These insights and more including Twitter trend monitoring, which highlights trending topics and news along with breakout project monitoring which flag coins that reach an early momentum signal on Twitter are available through the Coinfeeds app here: https://app.coinfeeds.io/
To learn more about Coinfeeds, please visit our website and Twitter
Media Contact:
Kevin McGrath
kmcgrath@mgroupsc.com
View original content:
SOURCE Coinfeeds | https://www.kxii.com/prnewswire/2022/07/27/coinfeeds-raises-2m-seed-raise-launches-web3-community-monitoring-app/ | 2022-07-27T17:09:15Z |
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