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Disney government dissolution bill signed by DeSantis
TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis signed a bill on Friday to dissolve the private government Walt Disney World controls on its property in the state, punishing the entertainment giant for opposing a new law that critics call “Don’t Say Gay.”
The move is expected to have huge tax implications for Disney and further sour the relationship between the Republican-led government and a major political player whose theme parks have transformed Orlando into one of the world’s most popular tourist destinations.
For DeSantis, the attack on Disney is the latest front in a culture war waged over policies involving race, gender and the coronavirus, battles he has harnessed to make himself one of the most popular Republicans in the country and a likely 2024 presidential candidate.
The law would eliminate the Reedy Creek Improvement District, as the 55-year-old Disney government is known, as well as a handful of other similar districts by June 2023. The measure does allow for the districts to be reestablished, leaving an avenue to renegotiate the future of the deal that allows the company to provide services such as zoning, fire protection, utilities and infrastructure.
DeSantis said Friday that the company would end up paying more taxes than it currently does and that the law isn’t expected to cause tax increases for residents around Disney. He gave no additional details.
The dispute began with Disney’s criticism of a new law barring instruction on sexual orientation and gender identity in kindergarten through third grade as well as instruction that is not “age appropriate or developmentally appropriate.” DeSantis and his fellow Republicans have defended the law as reasonable, saying that parents, not teachers, should be discussing such topics with children.
Under mounting pressure, Disney eventually said it would suspend political donations in the state and that it would support organizations working to oppose the new law.
“You’re a corporation based in Burbank, California, and you’re gonna marshal your economic might to attack the parents of my state,” DeSantis said Friday before signing the bill into law at a ceremony in Hialeah Gardens. “We view that as a provocation, and we’re going to fight back against that.”
The governor has hammered Disney for coming out against the bill, portraying the company as a purveyor of “woke” ideology that injects inappropriate subjects into children’s entertainment. In a fundraising pitch sent out this week, DeSantis told supporters, “It took a look under the hood to see what Disney has become to truly understand their inappropriate influence.”
Republican Rep. Randy Fine, sponsor of the bill to eliminate the Disney district, has said Disney is a guest in the state and that Floridians are not interested in the company’s California values.
“You kick the hornet’s nest, things come up,” Fine told lawmakers in the GOP-controlled statehouse this week.
Democrats have slammed the Disney measure as petty retaliation, warning that homeowners could face tax bills if they have to absorb costs from the company, though details are far from clear.
“The devil is in the details and we don’t yet today have the details,” said Orange County Mayor Jerry Demings, whose county is partially home to Disney World. He added it would be “catastrophic for our budget” if the county had to assume the costs for public safety at the theme park resort.
Disney is one of Florida’s biggest private employers, last year saying it had more than 60,000 workers in the state. It is not immediately clear how the company or local governments around its properties would be affected if the district was dissolved.
The creation of the Reedy Creek Improvement District, and the control it gave Disney over 27,000 acres (11,000 hectares) in Florida, was a crucial element in the company’s plans to build near Orlando in the 1960s. Company officials said they needed autonomy to plan a futuristic city along with the theme park. The city never materialized, however; instead, it morphed into the Epcot theme park.
The company is a major political player in Florida, as well as the rest of the country. The Walt Disney Co. and its affiliates made more than $20 million in political contributions to both Republicans and Democrats in the 2020 campaign cycle, the most recent year for which figures are available, according to the Center for Responsive Politics, which tracks such spending.
That same year, Disney-related entities funneled $10.5 million to the America First Action committee, which supports Republican former President Donald Trump. Disney also contributed $1.2 million to support Democratic President Joe Biden’s campaign.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/22/florida-gov-ron-desantis-signs-bill-dissolving-disneys-private-government/ | 2022-04-22T23:45:37Z |
Bus driver fired for drinking beer during elementary school field trip, company says
GREEN BAY, Wis. (WBAY/Gray News) - A bus driver who admitted to drinking beer while elementary students were on a field trip has been fired.
On Monday, fourth and fifth grade students boarded a bus with Lamers Bus Lines at Lincoln Elementary in Green Bay, Wisconsin, to go on a field trip to Madison, Wisconsin. On the way back, a student noticed an open can of beer under the driver’s seat.
Once the bus arrived at the school, the district requested Green Bay police investigate, WBAY reports.
Upon investigating, the district says the driver admitted to police that he drank beer earlier in the day while students were involved in activities on the field trip.
The driver’s name was not released by the bus company.
In a statement, Lamers’ said its office staff and supervisor interacted with the driver before the trip, as they say they typically do, and did not observe any impairment before the driver left.
While at the school, Green Bay police processed the driver. Lamers said in a statement they have a “zero-tolerance policy for drugs and alcohol” and fired the driver “effective immediately.”
Copyright 2022 WBAY via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/19/bus-driver-fired-drinking-beer-during-elementary-school-field-trip-company-says/ | 2022-04-21T17:25:15Z |
Satellite pollution is threatening to alter our view of the night sky
By Kristin Fisher, CNN
The night sky has been a source of information and wonder since the dawn of humankind — and it looks almost the same now as it did then. But the night sky as we know it is on the precipice of changing dramatically due to the proliferation of satellites just a few hundred miles above Earth.
“For the first time in human history, we’re not going to have access to the night sky in the way that we’ve seen it,” said Samantha Lawler, an assistant professor of astronomy at the University of Regina in Canada.
Lawler has been watching from her farm in Saskatchewan, Canada, as the number of active satellites has multiplied from about a thousand in 2017 to more than 5,000 today. When CNN visited on a clear evening in March, it only took a few minutes of looking up with the naked eye to see the first of many satellites streaking across the sky.
“This is a lot worse than I expected,” Lawler told CNN. “It’s changing fast.”
And it’s about to get much worse. Lawler and two other Canadian astronomers published a paper in December in The Astronomical Journal which predicted that, in less than a decade, 1 out of every 15 points of light in the night sky will actually be a moving satellite.
“Think about that,” Lawler said. “There’s only about 4,000 stars that you can see with your naked eye and if 200 of those are moving, that is very different than the sky that we’re used to now.”
The satellites are even more disruptive when viewed through a telescope, and they’re already contaminating images of the cosmos captured by observatories all over the world. Unless something changes dramatically in terms of international regulation of satellite numbers, reflectivity and broadcasting, experts like Lawler believe that impact on astronomical research will intensify.
“It’s kind of like we’re going through this transition (similar to) when the first cars were on the roads. A Model T would drive up the road and you’d run out to go look at it,” Lawler said. “But now you live next to a giant freeway, full of cars. So that’s kind of the transition that we’re going through with satellites in the night sky right now.”
Mega-constellations’ silver lining
It’s the dawn of mega-constellations, tens of thousands of small satellites only about 300 miles (483 kilometers) above Earth, launched by private companies to provide global high-speed internet access.
Elon Musk’s SpaceX is responsible for roughly a third of all active satellites in orbit, more than any other company or country, including the US government.
SpaceX has already launched more than 2,000 satellites with plans to launch at least 42,000 more for its mega-constellation called Starlink. Other distant competitors include Amazon’s Project Kuiper and London-based satellite company OneWeb.
While thousands of small Starlink satellites are problematic for astronomers, they’re also providing much-needed internet access to people in rural or war-torn parts of the world.
Oleg Kutkov is a Ukrainian engineer and amateur astronomer who bought a Starlink terminal on Ebay in December to take apart for fun, never thinking he’d actually be able to use it in his apartment in Kiev. But when Russia invaded in February, Elon Musk activated Starlink service over Ukraine, and Kutkov has been using it as his backup internet service ever since.
“We are getting all the information from the internet about airstrikes, about enemy force movements. Should we hide, should we not hide? Can we go outside or not?” Kutkov said.
Kutkov said he used to side with astronomers like Lawler in thinking that the concerns about Starlink impeding observations of the cosmos outweighed its benefits, but Russia’s invasion is changing his mind.
“I was 100% with astronomers,” Kutkov said. “But in the current situation, when we really need internet connectivity, that’s starting to be more important.”
A wrench in asteroid detection
For Kutkov and other Ukrainians, Starlink is a lifesaver. But NASA is worried that second-generation Starlink, which could begin launching as soon as this month, could someday contribute to ending life on Earth as we know it.
NASA uses ground-based telescopes to hunt for potentially killer asteroids. In a letter to the FCC in February, NASA stated it “estimates that there would be a Starlink in every single asteroid survey image,” which could have “a detrimental effect on our planet’s ability to detect and possibly redirect a potentially catastrophic impact.”
“Finding these asteroids well in advance of when they could hit the Earth is vitally important to our species’ survival,” Lawler said.
SpaceX did not respond to requests for a comment for this story, but the company addressed astronomers’ concerns about satellites impacting observations in a statement in April 2020.
“We firmly believe in the importance of a natural night sky for all of us to enjoy, which is why we have been working with leading astronomers around the world,” the statement reads, and SpaceX has made changes by “adding a deployable visor to the satellite to block sunlight from hitting the brightest parts of the spacecraft.”
But astronomers such as Lawler say those changes are not enough. As of now, there are no binding international rules monitoring mega-constellations, and SpaceX isn’t waiting for regulators to catch up. It’s launching, on average, about 50 new Starlink satellites every week.
“We’re already seeing so many satellites now,” Lawler said. “And there’s about to be 10 times as many.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/04/satellite-pollution-is-threatening-to-alter-our-view-of-the-night-sky-2/ | 2022-04-04T17:35:34Z |
European Union lawmakers voted Wednesday in favor of calling natural gas and nuclear power "green" or "sustainable" sources of energy, backing a proposal from European Commission, the EU's executive arm, that has spurred criticism from scientists and environmental advocates.
The new rules, if accepted by member states, could unlock billions of dollars of private investment and state subsidies for natural gas and nuclear projects.
The rules will go into effect in 2023, unless 20 of the union's 27 member states reject them, which is unlikely. Most member states — including heavyweights such as Germany and France — backed at least one of the two energy sources.
The European Commission has argued that natural gas — a fossil fuel primarily made of methane, a significant contributor to the climate crisis — plays a key role in transitioning to renewable energy, angering climate activists and some lawmakers. Natural gas typically emits less carbon dixoide than coal, but critics argue more focus should be place on boosting renewable energy, and that supporting new gas projects will only prolong the life of the fossil fuel.
Nuclear, on the other hand, is "green" in that it does not directly produce carbon dioxide emissions. The arguments against it typically revolve around safety, including how to store the radioactive waste it produces. Nuclear plants are also costly and projects are often beset by delays.
Bas Eickhout, a Green lawmaker from the Netherlands who sits in the European Parliament, recently said he had "never seen such a strategic mistake by the Commission," and calling natural gas "sustainable" contradicts the European Union's pleas to the rest of the world to rapidly decarbonize their economies.
"We are undermining the entire credibility of our Green Deal," he previously told CNN, referring to the EU's centerpiece climate legislation. "And on the gas side, I really I don't see it. I fail to see the added value."
While the proposal came months before Russia's invasion of Ukraine, it gained momentum after the EU responded to the war by banning Russian energy sources such as coal and oil, which European countries have been highly dependent on.
The EU has vowed to cut planet-heating emissions by 55% from 1990 levels by 2030 and become a net-zero-emissions economy by 2050. Net zero is where emissions are dramatically reduced, and any that remain are offset, whether using natural methods like tree planting or technology to "capture" emissions. The effectiveness of such technology is currently limited.
But climate and energy advocates say Wednesday's decision will instead hinder Europe's green transition.
"This will delay a desperately needed real sustainable transition and deepen our dependency on Russian fuels," Greta Thunberg, the Swedish climate activist, tweeted in response to the vote. "The hypocrisy is striking, but unfortunately not surprising."
Environmental groups are expected to challenge the new rules in court. Already, groups such as Greenpeace and the World Wildlife Federation have said they plan to sue the EU over the policy.
"Gas and nuclear are not green, and labeling them as such is blatant greenwashing. This harms the climate, and future generations," Ester Asin, director at WWF European Policy Office, said in a statement. "We've lost this battle, but we won't give up the fight. [We] will explore all potential avenues for further action to stop this greenwashing and protect the credibility of the whole EU Taxonomy - and calls on Member States and MEPs to do the same."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/european-parliament-says-natural-gas-projects-can-be-considered-green-for-investments/article_6ce12e30-15a6-59c4-9af7-9a7e4f390af4.html | 2022-07-06T18:53:21Z |
FINDLAY, Ohio, May 3, 2022 /PRNewswire/ --
- Reported first-quarter net income attributable to MPLX of $825 million and
adjusted EBITDA attributable to MPLX of $1.4 billion - Generated $1.1 billion in net cash provided by operating activities
- Returned over $850 million in capital to unitholders through distributions and unit repurchases
- Expanded our methane emissions intensity reduction target to 75% by 2030
MPLX LP (NYSE: MPLX) today reported first-quarter 2022 net income attributable to MPLX of $825 million, compared to $739 million for the first quarter of 2021. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) attributable to MPLX was $1,393 million, compared with $1,352 million in the first quarter of 2021.
The Logistics and Storage (L&S) segment income from operations was $763 million for the first quarter of 2022, compared with $723 million for the first quarter of 2021. Segment adjusted EBITDA for the first quarter of 2022 was $904 million, compared with $896 million for the first quarter of 2021.
The Gathering and Processing (G&P) segment income from operations was $297 million for the first quarter of 2022, compared with $251 million for the first quarter of 2021. Segment adjusted EBITDA for the first quarter of 2022 was $489 million, compared with $456 million for the first quarter of 2021.
During the quarter, MPLX generated $1,125 million in net cash provided by operating activities, $1,210 million of distributable cash flow, and free cash flow after distributions of $92 million. MPLX announced a first-quarter 2022 distribution of $0.7050 per common unit, resulting in coverage ratio of 1.65x for the quarter and a leverage ratio of 3.7x.
"MPLX's free cash flow generation enabled the return of over $850 million of capital to unitholders through both distributions and unit repurchases," said Michael J. Hennigan, MPLX chairman, president, and chief executive officer. "We are advancing several organic growth projects focused on expansions and de-bottlenecking. These actions will continue to support the growth of MPLX, allowing our business to generate free cash flow and return capital to unitholders."
L&S segment income from operations for the first quarter of 2022 increased by $40 million compared to the same period in 2021, while segment adjusted EBITDA for the first quarter of 2022 increased by $8 million compared to the same period in 2021.
Total pipeline throughputs were 5.3 million barrels per day (bpd) in the first quarter, 4% higher than the same quarter of 2021. The average tariff rate was $0.89 per barrel for the quarter, a decrease of 1% versus the same quarter of 2021. Terminal throughput was 2.9 million bpd for the quarter, an increase of 13% versus the same quarter of 2021.
G&P segment income from operations for the first quarter of 2022 increased by $46 million compared to the first quarter of 2021. Adjusted EBITDA for the first quarter of 2022 increased by $33 million compared to the same period in 2021, primarily as a result of higher natural gas liquids prices.
In the first quarter of 2022:
- Gathered volumes averaged 5.3 billion cubic feet per day (bcf/d), a 4% increase from the first quarter of 2021.
- Processed volumes averaged 8.3 bcf/d, a 1% decrease versus the first quarter of 2021.
- Fractionated volumes averaged 526 thousand bpd, a 6% decrease versus the first quarter of 2021.
In the Marcellus:
- Gathered volumes averaged 1.3 bcf/d in the first quarter, a 1% increase versus the first quarter of 2021.
- Processed volumes averaged 5.5 bcf/d in the first quarter, a 3% decrease versus the first quarter of 2021.
- Fractionated volumes averaged 468 thousand bpd in the first quarter, a 4% decrease versus the first quarter of 2021.
MPLX continues to advance several projects focused on expansions and de-bottlenecking of MPLX's existing assets.
In the L&S segment, crude gathering infrastructure continues to be added in the Permian and Bakken regions along with expanding crude and natural gas long-haul pipelines supporting these regions. In the G&P segment, construction continues on our 200 million cubic feet per day Torñado-2 processing plant in the Delaware basin, which is expected to come online in the second half of 2022. In the Marcellus, the 68,000 barrel per day Smithburg de-ethanizer is progressing and is expected to come online in the second half of 2022 as well.
MPLX continues to evaluate opportunities to expand its logistics footprint to meet the needs of today and participate in an energy-diverse future.
As of March 31, 2022, MPLX had $42 million in cash, $3.5 billion available on its bank revolving credit facility, and $1.2 billion available through its intercompany loan agreement with Marathon Petroleum Corp. (MPC). MPLX's leverage ratio was 3.7x.
On March 14, 2022, MPLX issued $1.5 billion in aggregate principal amount of 4.950% senior notes due 2052.
The partnership repurchased $100 million of common units held by the public in the first quarter of 2022. As of March 31, 2022, MPLX had approximately $237 million remaining available under the current $1 billion unit repurchase authorization.
MPLX remains committed to maintaining an investment-grade credit profile.
At 1:00 p.m. ET today, MPLX will hold a conference call and webcast to discuss the reported results and provide an update on operations. Interested parties may listen by visiting MPLX's website at www.mplx.com. A replay of the webcast will be available on MPLX's website for two weeks. Financial information, including this earnings release and other investor-related materials, will also be available online prior to the conference call and webcast at www.mplx.com.
MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. The company also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. More information is available at www.MPLX.com
Kristina Kazarian, Vice President
Jamie Madere, Manager
Isaac Feeney, Analyst
Jamal Kheiry, Communications Manager
In addition to our financial information presented in accordance with U.S. generally accepted accounting principles (GAAP), management utilizes additional non-GAAP measures to facilitate comparisons of past performance and future periods. This press release and supporting schedules include the non-GAAP measures adjusted EBITDA; consolidated debt to last twelve months adjusted EBITDA, which we refer to as our leverage ratio; distributable cash flow (DCF); distribution coverage ratio; and free cash flow (FCF) and free cash flow after distributions. The amount of adjusted EBITDA and DCF generated is considered by the board of directors of our general partner in approving the Partnership's cash distribution. Adjusted EBITDA and DCF should not be considered separately from or as a substitute for net income, income from operations, or cash flow as reflected in our financial statements. The GAAP measures most directly comparable to adjusted EBITDA and DCF are net income and net cash provided by operating activities. We define Adjusted EBITDA as net income adjusted for (i) depreciation and amortization; (ii) provision/benefit for income taxes; (iii) interest and other financial costs; (iv) impairment expense; (v) income/loss from equity method investments; (vi) distributions and adjustments related to equity method investments; (vii) noncontrolling interests and (xiii) other adjustments as deemed necessary. In general, we define DCF as adjusted EBITDA adjusted for (i) deferred revenue impacts; (ii) sales-type lease payments, net of income; (iii) net interest and other financial costs; (iv) net maintenance capital expenditures; (v) equity method investment capital expenditures paid out; and (vi) other adjustments as deemed necessary.
The Partnership makes a distinction between realized and unrealized gains and losses on derivatives. During the period when a derivative contract is outstanding, changes in the fair value of the derivative are recorded as an unrealized gain or loss. When a derivative contract matures or is settled, the previously recorded unrealized gain or loss is reversed and the realized gain or loss of the contract is recorded.
Adjusted EBITDA is a financial performance measure used by management, industry analysts, investors, lenders, and rating agencies to assess the financial performance and operating results of our ongoing business operations. Additionally, we believe adjusted EBITDA provides useful information to investors for trending, analyzing and benchmarking our operating results from period to period as compared to other companies that may have different financing and capital structures.
DCF is a financial performance measure used by management as a key component in the determination of cash distributions paid to unitholders. We believe DCF is an important financial measure for unitholders as an indicator of cash return on investment and to evaluate whether the partnership is generating sufficient cash flow to support quarterly distributions. In addition, DCF is commonly used by the investment community because the market value of publicly traded partnerships is based, in part, on DCF and cash distributions paid to unitholders.
FCF and free cash flow after distributions are financial performance measures used by management in the allocation of capital and to assess financial performance. We believe that unitholders may use this metric to analyze our ability to manage leverage and return capital. We define FCF as net cash provided by operating activities adjusted for (i) net cash used in investing activities; (ii) cash contributions from MPC; (iii) cash contributions from noncontrolling interests and (iv) cash distributions to noncontrolling interests. We define free cash flow after distributions as FCF less base distributions to common and preferred unitholders.
Distribution coverage ratio is a financial performance measure used by management to reflect the relationship between the partnership's financial operating performance and cash distribution capability. We define the distribution coverage ratio as the ratio of DCF attributable to GP and LP unitholders to total GP and LP distributions declared.
Leverage ratio is a liquidity measure used by management, industry analysts, investors, lenders and rating agencies to analyze our ability to incur and service debt and fund capital expenditures.
This press release contains forward-looking statements regarding MPLX LP (MPLX). These forward-looking statements may relate to, among other things, MPLX's expectations, estimates and projections concerning its business and operations, financial priorities, including with respect to positive free cash flow and distribution coverage, strategic plans, capital return plans, operating cost and capital expenditure reduction objectives, and environmental, social and governance goals. You can identify forward-looking statements by words such as "anticipate," "believe," "commitment," "could," "design," "estimate," "expect," "forecast," "goal," "guidance," "imply," "intend," "may," "objective," "opportunity," "outlook," "plan," "policy," "position," "potential," "predict," "priority," "project," "proposition," "prospective," "pursue," "seek," "should," "strategy," "target," "will," "would" or other similar expressions that convey the uncertainty of future events or outcomes. MPLX cautions that these statements are based on management's current knowledge and expectations and are subject to certain risks and uncertainties, many of which are outside of the control of MPLX, that could cause actual results and events to differ materially from the statements made herein. Factors that could cause MPLX's actual results to differ materially from those implied in the forward-looking statements include but are not limited to: the continuance or escalation of the military conflict between Russia and Ukraine, and related sanctions; general economic, political or regulatory developments, including inflation, changes in governmental policies relating to refined petroleum products, crude oil, natural gas or NGLs, or taxation; the magnitude, duration and extent of future resurgences of the COVID-19 pandemic and its effects; the adequacy of capital resources and liquidity, including the availability of sufficient free cash flow from operations to pay distributions and to fund future unit repurchases; the ability to access debt markets on commercially reasonable terms or at all; the timing and extent of changes in commodity prices and demand for crude oil, refined products, feedstocks or other hydrocarbon-based products; changes to the expected construction costs and timing of projects and planned investments, the availability of desirable strategic initiatives to optimize portfolio assets and the ability to obtain regulatory and other approvals with respect thereto; accidents or other unscheduled shutdowns affecting our machinery, pipelines, processing, fractionation and treating facilities or equipment, means of transportation, or those of our suppliers or customers; the suspension, reduction or termination of MPC's obligations under MPLX's commercial agreements; other risk factors inherent to MPLX's industry; the impact of adverse market conditions or other similar risks to those identified herein affecting MPC; and the factors set forth under the heading "Risk Factors" in MPLX's and MPC's Annual Reports on Form 10-K for the year ended Dec. 31, 2021, and in other filings with Securities and Exchange Commission (SEC).
Any forward-looking statement speaks only as of the date of the applicable communication and we undertake no obligation to update any forward-looking statement except to the extent required by applicable law.
Copies of MPLX's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other SEC filings are available on the SEC's website, MPLX's website at http://ir.mplx.com or by contacting MPLX's Investor Relations office. Copies of MPC's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other SEC filings are available on the SEC's website, MPC's website at https://www.marathonpetroleum.com/Investors/ or by contacting MPC's Investor Relations office.
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SOURCE MPLX LP | https://www.mysuncoast.com/prnewswire/2022/05/03/mplx-lp-reports-first-quarter-2022-financial-results/ | 2022-05-03T12:20:57Z |
DETROIT (AP) — A judge declared a mistrial Thursday after jurors said they couldn’t reach a unanimous verdict in a dispute over whether two engineering firms should bear some responsibility for Flint’s lead-contaminated water.
Veolia North America and Lockwood, Andrews & Newman, known as LAN, were accused of not doing enough to get Flint to treat the highly corrosive water or to urge a return to a regional water supplier.
The eight-person jury met for roughly seven days after hearing evidence for months. The jury first signaled on July 28 that it couldn’t reach a verdict before taking a planned 11-day break. The group returned to work Tuesday.
“Further deliberations will only result in stress and anxiety with no unanimous decision without someone having to surrender their honest convictions, solely for the purpose of returning a verdict,” the jury said in a new note Thursday.
U.S. Magistrate Judge David Grand declared a mistrial, rejecting a request by lawyers for four children to allow a verdict that’s less than unanimous.
“This is not a focus group,” Grand said.
The trial centered on the engineering firms and the effects of lead on the children, not all Flint residents. But the result was being closely watched because there are other cases pending against Veolia and LAN.
The firms were not part of a landmark $626 million deal involving property owners, thousands of residents of the majority-Black city, the state of Michigan and other parties.
“We don’t see this as a defeat,” Veolia attorney Dan Stein told The Associated Press. “The plaintiffs were the ones trying to prove their claims to the jury, and they were unable to do so.”
Corey Stern, an attorney for the children, said he was only one juror shy from winning the case. The lack of a verdict means a trial can be held again with a different jury.
“I’m fired up for the next one,” Stern said. “I wish the judge would schedule it for Monday. I hated leaving the courthouse. You’re an inch from the goal line after toting the ball for 99 yards.”
Flint’s water became contaminated in 2014-15 because water pulled from the Flint River wasn’t treated to reduce the corrosive effect on lead pipes. Citing cost, managers appointed by then-Gov. Rick Snyder stopped using water from a Detroit agency and switched to the river while awaiting a new pipeline to Lake Huron.
The Michigan Civil Rights Commission said the bad water was the result of systemic racism in the city, doubting that the water switch and the spurning of complaints would have occurred in a white, prosperous community.
During closing arguments, attorneys for the children argued that Veolia should be held 50% responsible for lead contamination and that LAN should be held 25% responsible, with public officials making up the balance.
But Veolia’s lawyers noted the firm was briefly hired in the middle of the crisis, not before the spigot was turned on. LAN said an engineer repeatedly recommended that Flint test the river water for weeks to determine what treatments would be necessary.
LAN attorney Wayne Mason said outside engineers were getting lumped in with a “platoon of bad actors,” namely state and local officials who controlled all major decisions about the water. The health effects on the four children were also challenged at trial.
Snyder was summoned as a witness but declined to answer questions, citing his right against self-incrimination.
He was indicted on misdemeanor charges in a separate Flint water investigation. The Michigan Supreme Court said the indictment was invalid, though state prosecutors are trying to reinstate the charges.
The jury instead watched a video of Snyder’s 2020 interview with lawyers.
“I wish this never would have happened,” he said of the water mess, acknowledging mistakes by government.
___
Follow Ed White at http://twitter.com/edwritez | https://cw33.com/news/u-s-news/ap-us-headlines/jury-cant-reach-verdict-in-engineers-flint-water-trial/ | 2022-08-12T03:25:10Z |
DALLAS, May 4, 2022 /PRNewswire/ - Cresco Capital Partners II, LLC ("Cresco") today announced that it has filed an amended early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues for the purpose of updating its report on the acquisition of 14,960,957 subordinate voting shares (the "Shares") of Harborside Inc. ("Harborside") in connection with an agreement dated April 29, 2022 among Harborside UL Holdings Inc. ("Urbn Leaf") and SUB CCP URBN, LLC whereby Harborside repaid certain outstanding promissory notes by: (i) a cash payment in the amount of US$358,541.10; and (ii) the issuance of US$5.87 million worth of Shares at a price of $0.45 per Share (the "Note Repayment").
Completion of the Note Repayment resulted in the issuance of 14,960,957 Shares to Cresco, representing an increase in Cresco's interest in the Shares of approximately 5.5% on a partially diluted basis. Collectively, the interest of Cresco, CCP Flrish Inc. ("CCPF"), Cresco Capital Partners, LLC ("CCP"), RARCOZ, LLC ("RAR"), CCP URBN, LLC ("CCPU"), Matthew Hawkins ("Hawkins") and Andrew Sturner ("Sturner" and together with CCPF, CCP and Hawkins, each a "joint actor" (as such term is defined in National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues) of Cresco, and together with Cresco, the "Cresco Parties") in the Shares as a result of the Note Repayment increased by approximately 5.9% on a partially diluted basis.
Immediately prior to the Note Repayment, assuming that Cresco is only entitled to 2,057,025 Shares pursuant to the acquisition of Sublimation Inc. ("Sublime") by Harborside, that Creso is entitled to 2,111,167 Shares pursuant to the acquisition of Urbn Leaf by Harborside, that RAR is entitled to 791,664 Shares pursuant to the acquisition of Urbn Leaf by Harborside and that CCPU is entitled to 1,256,059 Shares pursuant to the acquisition of Urbn Leaf by Harborside, (i) Cresco beneficially owned, and exercised control or direction over (A) 8,415,830 Shares and (B) warrants (the "Warrants") exercisable to acquire an aggregate of 3,550,000 Shares, representing approximately 3.6% of the issued and outstanding Shares on a non-diluted basis and approximately 5.0% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants held by Cresco; (ii) CCPF beneficially owned, and exercised control or direction over 385,542 Shares, representing approximately 0.2% of the issued and outstanding Shares on a non-diluted basis; (iii) CCP beneficially owned, and exercised control or direction over 96,385 Shares, representing approximately 0.1% of the issued and outstanding Shares on a non-diluted basis; (iv) RAR beneficially owned, and exercised control or direction over 791,664 Shares, representing approximately 0.3% of the issued and outstanding Shares on a non-diluted basis; (v) CCPU beneficially owned, and exercised control or direction over 1,256,059 Shares, representing approximately 0.5% of the issued and outstanding Shares on a non-diluted basis; (v) Hawkins beneficially owned, and exercised control or direction over options (the "Options") exercisable into an aggregate of 333,350 Shares and restricted share units (the "RSUs") convertible into an aggregate of 450,000 Shares, representing approximately 0.3% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Options and RSUs held by Hawkins; and (vi) Sturner beneficially owned, and exercised control or direction over (A) 125,100 Shares; (B) Warrants exercisable to acquire 125,100 Shares; and (C) Options exercisable into an aggregate of 180,000 Shares, representing approximately 0.1% of the issued and outstanding Shares on a non-diluted basis and approximately 0.2% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants and Options held by Sturner.
Collectively, assuming that Cresco is only entitled to 2,057,025 Shares pursuant to the acquisition of Sublime by Harborside, that Cresco is entitled to 2,111,167 Shares pursuant to the acquisition of Urbn Leaf by Harborside, that RAR is entitled to 791,664 Shares pursuant to the acquisition of Urbn Leaf by Harborside and that CCPU is entitled to 1,256,059 Shares pursuant to the acquisition of Urbn Leaf by Harborside, immediately prior to the completion of the Note Repayment, the Cresco Parties owned or exercised control or direction over an aggregate of (i) 11,070,580 Shares; (ii) Warrants exercisable to acquire an aggregate of 3,675,100 Shares; (iii) Options exercisable into an aggregate of 513,350 Shares; and (iv) RSUs convertible into an aggregate of 450,000 Shares, representing approximately 4.7% of the issued and outstanding Shares on a non-diluted basis and approximately 6.5% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants, Options and RSUs held by the Cresco Parties.
Following the completion of the Note Repayment, assuming that Cresco is only entitled to 2,057,025 Shares pursuant to the acquisition of Sublime by Harborside, that Cresco is entitled to 2,111,167 Shares pursuant to the acquisition of Urbn Leaf by Harborside, that RAR is entitled to 791,664 Shares pursuant to the acquisition of Urbn Leaf by Harborside and that CCPU is entitled to 1,256,059 Shares pursuant to the acquisition of Urbn Leaf by Harborside, (i) Cresco beneficially owns, and exercises control or direction over (A) 23,376,787 Shares and (B) Warrants exercisable to acquire an aggregate of 3,550,000 Shares, representing approximately 9.3% of the issued and outstanding Shares on a non-diluted basis and approximately 10.5% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants held by Cresco; (ii) CCPF beneficially owns, and exercises control or direction over 385,542 Shares, representing approximately 0.2% of the issued and outstanding Shares on a non-diluted basis; (iii) CCP beneficially owns, and exercises control or direction over 96,385 Shares, representing approximately 0.1% of the issued and outstanding Shares on a non-diluted basis; (iv) RAR beneficially owned, and exercised control or direction over 791,664 Shares, representing approximately 0.3% of the issued and outstanding Shares on a non-diluted basis; (v) CCPU beneficially owned, and exercised control or direction over 1,256,059 Shares, representing approximately 0.5% of the issued and outstanding Shares on a non-diluted basis; (v) Hawkins beneficially owns, and exercises control or direction over Options exercisable into an aggregate of 333,350 Shares and RSUs convertible into an aggregate of 450,000 Shares, representing approximately 0.3% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Options and RSUs held by Hawkins; and (vi) Sturner beneficially owned, and exercised control or direction over (A) 125,100 Shares; (B) Warrants exercisable to acquire 125,100 Shares; and (C) Options exercisable into an aggregate of 180,000 Shares, representing approximately 0.1% of the issued and outstanding Shares on a non-diluted basis and approximately 0.2% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants and Options held by Sturner.
Collectively, assuming that Cresco is only entitled to 2,057,025 Shares pursuant to the acquisition of Sublime by Harborside, that Cresco is entitled to 2,111,167 Shares pursuant to the acquisition of Urbn Leaf by Harborside, that RAR is entitled to 791,664 Shares pursuant to the acquisition of Urbn Leaf by Harborside and that CCPU is entitled to 1,256,059 Shares pursuant to the acquisition of Urbn Leaf by Harborside, immediately following the completion of the Note Repayment, the Cresco Parties own or exercise control or direction over an aggregate of (i) 26,031,537 Shares; (ii) Warrants exercisable to acquire an aggregate of 3,675,100 Shares; (iii) Options exercisable into an aggregate of 513,350 Shares; and (iv) RSUs convertible into an aggregate of 450,000 Shares, representing approximately 10.3% of the issued and outstanding Shares on a non-diluted basis and approximately 12.7% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants, Options and RSUs held by the Cresco Parties.
While Cresco currently has no immediate plans or intentions with respect to the securities of Harborside, depending on regulatory changes, market conditions, general economic and industry conditions, trading prices, Harborside's business, financial conditions and prospects and/or other relevant factors, Cresco may develop such plans or intentions in the future and, at such time, may from time to time acquire additional securities of Harborside.
A copy of the early warning report filed by Cresco with respect to the Shares will be available under Harborside's profile on SEDAR at www.sedar.com or by contacting Cresco at (254) 266-6322. Harborside's head office is located at 2100 Embarcadero, Suite 202, Oakland, California, 94606. Cresco's head office is located at 2801 Woodside Street, Dallas, Texas, 75204.
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SOURCE Cresco | https://www.mysuncoast.com/prnewswire/2022/05/04/cresco-capital-partners-ii-llc-announces-filing-amended-early-warning-report-regarding-harborside-inc/ | 2022-05-04T23:37:25Z |
ATLANTA – Gov. Brian Kemp announced Thursday that Georgia-based Troy Acoustics Corporation will invest almost $40 million in a new manufacturing facility in Thomas County.
In addition to the 88 new jobs that will be created, the company also will retain the 17 positions it currently supports. TAC engineers sound-wall systems used in highway noise barriers, broadcasting and film production facilities, animal shelters, shooting ranges, and for general industry purposes.
"Georgia-based companies like Troy Acoustics are creating industry-changing products and technologies," Kemp said in a news release. "That's why we're so glad to see it expand here in the best state for business, just like other employers that know they can find the hard-working talent and business-friendly environment needed for success here in the Peach State."
Troy Acoustics is a sound solutions and engineering company based in Brunswick. The company’s founder, Bill Bergiadis, designed and developed one of the highest-rated, patented sound-wall systems in the world. The Troy System provides a simple solution for complex noise problems for isolation and reverberation control, and it has been used by the broadcasting industry and government agencies as well as other entities requiring a noise-free operating environment.
"We’re excited about building our facility in Thomasville," Bergiadis said. "Everything from the skilled labor pool to the locally sourced raw materials we need to the wonderful local support we’ve received adds up to a winning formula for Troy."
Troy Acoustics’ new facility will be located at the Red Hills Business Park, a Georgia Ready for Accelerated Development-certified site. Operations are expected to begin in 2024. The company will hire for positions in management, administration and production. The company also will partner with universities to offer internship and research opportunities to graduate-level students studying manufacturing, structural and electrical engineering, and chemistry. Interested individuals can learn more about Troy Acoustics at www.troyacoustics.com.
"The city of Thomasville is thrilled to welcome Troy Acoustics to our community," Thomasville Mayor and Chairman of the Thomasville Payroll Development Authority Jay Flowers said. "They are the perfect fit for Red Hills Business Park.
"The city of Thomasville is dedicated to supporting the new facility through utility services, ranging from water and sewage to electric and fiber. We look forward to the long partnership this support sets in motion."
"We have been working with Troy Acoustics since January 2020 after meeting Bill and his team at a trade convention, and we couldn’t ask for a better outcome," President and CEO of the Thomasville Payroll Development Authority Shelley Zorn said. "In early 2023, Red Hills Business Park will welcome its newest tenant as construction begins, and workers will begin to fill the facility in 2024. The products made in Thomas County will go on to support economic growth across the state."
Assistant Director of Existing Industries Tina Herring represented the Georgia Department of Economic Development’s Global Commerce team on this competitive project in partnership with the Thomasville Payroll Development Authority and the city of Thomasville.
"Innovative companies like Troy Acoustics are what make Georgia a unique and diverse state to do business, and we are excited to welcome one of the only manufacturing facilities of its kind in the U.S.," GDEcD Commissioner Pat Wilson said. "Considering our booming film industry and soundstage spaces, Troy Acoustics is a perfect fit. We look forward to the company’s products being used in future Georgia-lensed productions, and we congratulate our partners in Thomasville and Thomas County for creating jobs and opportunities for their community through their support of Georgia businesses."
To earn GRAD certification, a property must undergo due diligence and complete specific certification requirements before a prospective business visit. Earning GRAD certification from GDEcD is a proactive way for both community planners and landowners to help catalyze economic growth and industrial development for the regions they serve. Through this program, Georgia has more than 60 industrial-certified sites that are ready for fast-track industrial projects.
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HOUSTON, May 16, 2022 /PRNewswire/ -- Texas Children's Hospital recently celebrated the topping out of the Texas Children's Hospital North Austin Campus, which will house pediatric care and women's health services under one state-of-the-art roof to better serve patients and their families in the Austin and Central Texas areas. To observe this important construction milestone, Texas Children's President & CEO Mark A. Wallace and Executive Vice President Michelle Riley-Brown, along with multiple physicians and Austin-area Texas Children's patients and their families, gathered with representatives from McCarthy Building Companies, Inc., Page Southerland Page Inc., and Transwestern to complete a traditional tree hoisting in honor of the new facility.
"It has been a longtime goal of mine to continue the vision of our founders and bring Texas Children's Hospital's high quality level of care to families throughout Texas," said Wallace. "Over the last few years, it has been amazing to see Texas Children's grow in Central Texas and I could not be more proud and excited to celebrate this important milestone in the completion of our Austin facility, along with my colleagues at Texas Children's and everyone at McCarthy, Page and Transwestern, without whom, none of this would have been possible."
Providing breadth and depth of services to the Austin area, the 365,000-square-foot main hospital offerings will include but not be limited to the following:
- Neonatal intensive care
- Pediatric intensive care
- Operating rooms
- Epilepsy monitoring
- Sleep center
- Emergency center
- Fetal center for advanced fetal interventions and fetal surgery with a special high-risk delivery unit
- Heart center
- Cardiovascular intensive care
- Renal dialysis
- State-of-the-art diagnostic imaging
- Acute care
- On-site Texas Children's Urgent Care location.
The adjacent 170,000-square-foot outpatient facility will provide added value by directly connecting patients and their families to Texas Children's numerous subspecialties, including cardiology, oncology, neurology, pulmonology, gastroenterology, rheumatology, fetal care, dialysis, and more. "Our expanded footprint in Central Texas means more mothers and babies will have access to our top-tier, specialized care and world-renowned team," said Dr. Michael Belfort, OB/GYN-in-Chief at Texas Children's Pavilion for Women and Professor and Chair of the Department of Obstetrics and Gynecology at Baylor College of Medicine. "The Texas Children's Fetal Center is known across the globe as the go-to place for high-risk pregnancies, and we are thrilled to offer more families access to the nation's leading team for the diagnosis and treatment of fetal abnormalities closer to their home in Austin."
"We are so happy to be able to offer our services to the children, women and families of Austin," said Dr. Larry H. Hollier Jr., Surgeon-in-Chief at Texas Children's and Professor of Plastic Surgery, Orthopedic Surgery and Pediatrics at Baylor College of Medicine. "At Texas Children's Hospital, we are committed to bringing high-quality care for the most complex conditions close to home."
"Texas Children's Hospital is no stranger to Austin with primary, specialty and urgent care services already well established there," said Dr. Lara S. Shekerdemian, Pediatrician-in-Chief at Texas Children's and Professor of Pediatrics at Baylor College of Medicine. "Currently, several of our Austin and Central Texas patients and families also travel to Houston for some aspects of their care, but when our amazing new hospital opens in 2024 — our patients and families will have all of the very best care and subspecialty inpatient services in their own back yard."
"As capitol of our great state and a leading technology hub, it seems only fitting that the nation's largest children's hospital, Texas Children's can now call Austin home," said Dr. Jeffrey Shilt, Community-in-Chief at Texas Children's and Professor of Orthopedics and Scoliosis Surgery at Baylor College of Medicine. "Our mission that originated in the Texas Medical Center in Houston remains the same in Austin: to create a healthier future for children and women by leading in patient care, education and research. I could not be more excited about building on our promise to deliver the highest quality of care, close to home for the families of Austin, which will include additional programs of excellence that provide even more choices for care in the region."
To provide a connected sense of care to patients, Texas Children's convened multiple community-centered focus and advisory groups to assess best practices for the region. "Expanding access to our expert pediatric and maternal care to even more families in Texas is an extension of our mission," said Riley-Brown. "We are excited to bring the unparalleled level of care that Texas Children's is known for to the families of Austin and look forward to opening our doors in 2024."
While staying true to the traditional Texas Children's look and feel, the new Texas Children's Hospital North Austin Campus simultaneously will weave the unique culture and geography of Austin and the Central Texas hill country into the facility. An outdoor therapy space will serve as a respite for patients, families and employees, and each floor of the new hospital will display a different theme based on Central Texas landscapes. In developing the building, Texas Children's targeted a sustainability rating of two stars in the Austin Energy Green Building Program, worked to conserve condensate water for irrigation, and preserved approximately 40% of the existing trees on the property.
"The thoughtful design and layout of the new hospital will enhance productivity and efficiency by streamlining the location of core services, while also celebrating the natural landscape to educate, inspire and promote healing," said Jill Pearsall, Senior Vice President of Facilities Planning and Development at Texas Children's.
Texas Children's Hospital North Austin Campus, located at 9835 North Lake Creek Parkway, will begin serving patients in the first quarter of 2024.
ABOUT TEXAS CHILDREN'S HOSPITAL
Texas Children's Hospital, a not-for-profit health care organization, is committed to creating a healthier future for children and women throughout the global community by leading in patient care, education and research. Consistently ranked as the best children's hospital in Texas, and among the top in the nation, Texas Children's has garnered widespread recognition for its expertise and breakthroughs in pediatric and women's health. The hospital includes the Jan and Dan Duncan Neurological Research Institute; the Feigin Tower for pediatric research; Texas Children's Pavilion for Women, a comprehensive obstetrics/gynecology facility focusing on high-risk births; Texas Children's Hospital West Campus, a community hospital in suburban West Houston; and Texas Children's Hospital The Woodlands, the first hospital devoted to children's care for communities north of Houston. The organization also created Texas Children's Health Plan, the nation's first HMO for children; has the largest pediatric primary care network in the country, Texas Children's Pediatrics; Texas Children's Urgent Care clinics that specialize in after-hours care tailored specifically for children; and a global health program that's channeling care to children and women all over the world. Texas Children's Global Health program leads efforts that advance health care equity through innovative collaboration in care, education and research for underserved populations globally. Texas Children's Hospital is affiliated with Baylor College of Medicine. For more information, go towww.texaschildrens.org. Get the latest news by visiting the online newsroom and Twitter at twitter.com/texaschildrens.
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SOURCE Texas Children's Hospital | https://www.kxii.com/prnewswire/2022/05/16/texas-childrens-hospital-reaches-major-milestone-expanding-service-within-central-texas-market/ | 2022-05-16T23:23:47Z |
Bright and Cheerful Colors of the Season Shine in Limited Time Flavor
SCOTTSDALE, Ariz., April 1, 2022 /PRNewswire/ -- Spring has sprung and this year, Cold Stone Creamery is highlighting one of the tastiest treats of the season with our new PEEPS® Flavored Ice Cream. PEEPS® lovers will delight in the instantly-recognizable bright yellow hue and Marshmallow-y flavor featured in both an engaging Creation™ and Shake. The new PEEPS® Flavored Ice Cream will be available beginning April 1 at Cold Stone Creamery® (www.ColdStoneCreamery.com).
Put a little spring in your step with our PEEPS® Sweet Spring Creation™ featuring PEEPS® Flavored Ice Cream mixed with Whipped Topping and Blue Sugar Crystals and topped with a Yellow PEEPS® Marshmallow Chick.
For the shake lovers who prefer to sip on the flavors of spring, our Shaking it up with my PEEPS® Shake is made with PEEPS® Flavored Ice Cream and topped with Whipped Topping, Blue Sugar Crystals and a Yellow PEEPS® Marshmallow Chick!
"Cold Stone Creamery is thrilled to partner with Just Born and PEEPS® to create a new PEEPS® Marshmallow flavor that captures the sunny essence of Spring," said Sara Schmillen, vice president of marketing at Kahala Brands™, parent company of Cold Stone Creamery®. "We love both being a part of making family memories and bringing back memories for the young at heart – and ice cream that tastes just like PEEPS® does just that!"
The PEEPS® Flavored Ice Cream, Creation™ and Shake will be available in Cold Stone Creamery® stores nationwide until May 10.
Promotional Flavor:
- PEEPS® Flavored Ice Cream
Promotional Creation™:
- PEEPS® Sweet Spring™ – PEEPS® Flavored Ice Cream mixed with Whipped Topping and Blue Sugar Crystals and topped with a Yellow PEEPS® Marshmallow Chick.
Promotional Shake:
- Shaking it up with my PEEPS® Shake™ – PEEPS® Flavored Ice Cream topped with Whipped Topping, Blue Sugar Crystals and a Yellow PEEPS® Marshmallow Chick
About Cold Stone Creamery
Cold Stone Creamery® delivers the Ultimate Ice Cream Experience® through a community of franchisees who are passionate about ice cream. The secret recipe for smooth and creamy ice cream is handcrafted fresh daily in each store, and then customized by combining a variety of mix-ins on a frozen granite stone. Headquartered in Scottsdale, Arizona, Cold Stone Creamery is owned by parent company Kahala Brands™, one of the fastest growing franchising companies in the world with a portfolio of nearly 30 fast-casual and quick-service restaurant brands with approximately 3,000 locations in 35 countries. The Cold Stone Creamery brand operates nearly 1,500 locations globally in approximately 30 countries worldwide.
For more information about Cold Stone Creamery, visit www.ColdStoneCreamery.com.
About Just Born Quality Confections:
Just Born Quality Confections is a third-generation family-owned candy manufacturer with its purpose to bring sweetness to people's lives. Just Born is the maker of some of America's most beloved and iconic brands – PEEPS®, MIKE AND IKE®, HOT TAMALES® and GOLDENBERG'S® PEANUT CHEWS®. In 1923, the founder, Sam Born, opened a small candy shop in Brooklyn, New York, where he marketed the freshness of his daily-made candy with a sign that declared, "Just Born." Together with Born's brothers-in-law, Irv and Jack Shaffer, the company thrived and, in 1932, moved its operations to Bethlehem, PA where it has grown to become one of the largest candy companies in the US by giving back to the community, being good environmental stewards and creating a culture where people want to work. For more information, please visit www.justborn.com (and see the breadth of candy and high-quality branded items at www.peepsandcompany.com) Follow us: facebook.com/JustBornInc, twitter.com/JustBornInc.
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SOURCE Cold Stone Creamery | https://www.wibw.com/prnewswire/2022/04/01/cold-stone-creamery-welcomes-spring-with-new-peeps-flavored-ice-cream/ | 2022-04-01T12:04:04Z |
VANCOUVER, BC, July 18, 2022 /PRNewswire/ - Zacatecas Silver Corp. ("Zacatecas Silver" or the "Company") (TSXV: ZAC) (OTC: ZCTSF) (Frankfurt: 7TV) is pleased announce the appointment of Mr. Jorge Ramiro Monroy as Advisor and receives overwhelming share approval of all matters at the Annual General Meeting held on July 15, 2022.
Highlights:
- founder and Director of Mexican Chamber of Commerce in Hong Kong
- founder of Silver Council of Asia
- extensive business experience in Mexico
Mr. Ramiro Monroy is the Founder and Managing Director of Emerging Markets Capital, an investment firm based in Hong Kong and investing primarily in mining exploration equities listed on the Toronto Stock Exchange.
He was a founding member of the Mexican Chamber of Commerce in Hong Kong and a Founder of the Silver Council of Asia.
Having spent the majority of his career in Asia, Mr. Ramiro Monroy has founded a number of businesses with Asian capital doing business in North America. He is the CEO and Founder of Reyna Silver, a Toronto Stock Exchange listed company with silver exploration projects in Mexico and the US.
Mr. Ramiro Monroy currently serves in the boards of Sierra Madre Gold and Silver and Arabian Shield Resources. He is a former director of Prime Mining and a Director of Garra Esports, a private company looking to build an Esports business in Latin America.
Prior to founding Emerging Markets Capital, Jorge worked for Frontier Securities, a Japanese owned investment advisory and securities brokerage. He was part of the natural resources investments advisory team, advising and capital rising for mining and infrastructure companies with projects in Mongolia looking for investors in Asia and the Middle East.
Mr. Ramiro Monroy holds a Bachelor's degree from the State University of New York, an MBA in Finance from the Hong Kong University of Science and Technology.
Jorge is fluent in English, Hindi, Spanish and Portuguese and has passed the level III HSK Chinese Fluency Exam.
Zacatecas CEO and Director Bryan Slusarchuk, states, "Jorge has an excellent track record of successfully doing business in Mexico and has also done a great job introducing international sources of capital to various Mexican ventures. He is a promoter of Mexico, through his work within such entities as the Mexican Chamber of Commerce in Hong Kong. We are pleased to welcome Jorge to the Zacatecas team as we advance the Esperanza Gold Project towards gold production while concurrently exploring the high grade Zacatecas Silver Project."
Voting Results from Annual General Meeting
Zacatecas is pleased to announce that shareholders overwhelmingly approved all motions put forth at the Annual General Meeting held on July 15, 2022, including the re-election of Bryan Slusarchuck, John Lewins, Christopher Wilson, Nancy La Couvee, Jonathan Richards and Charles Hethey as well as the appointment of previously announced Dr. Luis Chavez Martinez. Dr. Chavez is the Senior Vice President, Mexico, Alamos Gold Inc., is current Director of the Mexican Chamber of Mines, former President of the Mexican Mining Association and former General Director Mexican Geological Survey.
The shareholders also approved the appointment of Davidson & Company LLP as the auditors of Zacatecas and the 10% rolling stock option plan of Zacatecas.
The votes cast for each matter was as follows:
A total of 22,596,743 common shares, being 27.4% of the issued and outstanding, were voted at the Annual General Meeting.
Stock Option Grant
In conjunction with the appointment of Mr. Ramiro and Dr. Chavez as well as other grants to consultants, a total of 1,100,00 stock options have been granted, having an exercise price of $0.70 and a five year term. Of these options, 400,000 were issued to Dr. Chavez, who is now a director of the Zacatecas.
Qualified Person
The contents of this news release have been reviewed and approved by Chris Wilson, B.Sc. (Hons), PhD, FAusIMM (CP), FSEG, Chief Operating Officer of Zacatecas Silver. Dr Wilson is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and is responsible for all technical information in this news release.
About Zacatecas Silver Corp.
Zacatecas is a mineral resource company with the gold focused advanced stage Esperanza Gold Project and the silver focused advanced stage Zacatecas Property. The Zacatecas Property is located in Zacatecas State, Mexico, within the highly prospective Fresnillo Silver Belt, which has produced over 6.2 billion ounces of silver. The Company holds 7,826 ha (19,338 acres) of ground that is highly prospective for low and intermediate sulphidation silver-base metal mineralization and potentially low sulphidation gold-dominant mineralization. On December 14, 2021, Zacatecas Silver announced a mineral resource estimate at the Panuco Deposit consisting of 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq (15 million ounces silver and 15 thousand ounces gold) (see Company's news release dated December 14, 2021).
The Zacatecas Property is 25 km south-east of MAG Silver Corp.'s Juanicipio Mine and Fresnillo PLC's Fresnillo Mine. The Zacatecas Property shares common boundaries with Pan American Silver Corp. claims and El Orito which is owned by Endeavour Silver Corp. There are four main high-grade silver target areas within the Zacatecas Property concessions: the Panuco Deposit, Muleros, El Cristo and San Manuel-San Gill. The Zacatecas Property also includes El Oro, El Orito, La Cantera, Monserrat, El Peñón, San Judas and San Juan silver-base metal vein targets, and such targets are relatively unexplored and will be the focus of rapid reconnaissance.
The advanced stage Esperanza Gold Project, comprising 14,337.83 hectares), is located in Morelos State, Mexico. To date, significant core and reverse circulation drilling has occurred at the Esperanza Gold Project resulting in a total of 389 drill holes for 69,716 metres.
Alamos Gold Inc. reported in its most recent annual information form a resource estimate of a measured and indicated resource of 34,352,000 tonnes at 0.98 g/t gold and 8.09 g/t silver for 1,083,366 ounces of gold and 8,936,201 ounces of silver and inferred resource of 718,000 tonnes at 0.80 g/t gold and 15.04 g/t silver for 18,375 ounces of gold and 347,192 ounces of silver. The Company considers this to be an historical resource for the purposes of National Instrument 43-101. Resource blocks were defined using with dimensions of 10 metres (m) by 10 m by five m. The estimation of grades was performed with the ordinary kriging method on capped composites. An added step in the estimation strategy was the utilization of the dynamic anisotropy technique in Vulcan's unfolding options. This added capability allows for a more realistic outcome of the estimated grade's spatial distribution as it follows the folded shape of the deposit. Assumptions used in the resource include the following metal prices: gold price of $1,400 (U.S.) per ounce (oz) and silver price of $22 (U.S.) per oz. The resource assumed the following economic assumptions: recovery of 60.4 per cent at 0.2 g/t to 71.9 per cent at 1.6 g/t for gold, 25 per cent for silver, $2.60-per-tonne mining costs, 64-cents-per-tonne general and administrative costs, $4.20-per-tonne milling costs and a pit slope of 45 degrees. The Company considers the resource relevant due to its identification and modelling of the Esperanza deposit.
The Company has not done sufficient work to classify the resource as a current mineral resource or mineral reserves and the Company is not treating the historical estimate as current mineral resources or mineral reserves. Although the resource estimate is considered reliable, the Company will resample a portion of the drill core for the purpose of carrying out a new resource estimate. Furthermore, additional data verification, including resurveying of select diamond drill holes collars; review of graphic drill core logs, comparison of these logs with remaining half-cut core and a cross check of select geological logs agonist database entries; and a check of original assay certificates against the assays and drill hole database.
On behalf of the Company
Bryan Slusarchuk
Chief Executive Officer and Director
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Zacatecas Silver cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Zacatecas Silver's limited operating history, its proposed exploration and development activities on its properties and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Zacatecas Silver does not undertake to publicly update or revise forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Zacatecas Silver Corp. | https://www.mysuncoast.com/prnewswire/2022/07/18/zacatecas-silver-appoints-mr-jorge-ramiro-monroy-advisor-overwhelming-shareholder-approval-annual-general-meeting/ | 2022-07-18T20:46:45Z |
A look at what’s happening around baseball today:
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PITCH OUT
Twins pitching coach Wes Johnson is serving his final days with Minnesota before leaving for the same job with LSU.
His departure, first reported Sunday night, blindsided Twins fans, and Johnson called it “the toughest thing I’ve ever done.” He’ll stay with the AL Central-leading Twins through the end of a series at Cleveland on Thursday, then return to his college roots — he previously worked at Arkansas, Mississippi State, Dallas Baptist and Central Arkansas
Twins president of baseball operations Derek Falvey said the team is having ongoing discussions about how to replace Johnson for the remainder of this season — and beyond. Johnson joined the Twins in 2019 after coaching at Arkansas, and he is believed to be the first college pitching coach to jump directly to the major leagues.
“Knowing Wes and getting a chance to enjoy him and see him all these years, it’s not incredibly surprising to see him go back to the college game,” Twins manager Rocco Baldelli said. “Am I incredibly happy to see it happen in the middle of the season? Of course not. No one is. There’s no way around that discussion.”
Minnesota plays a day-night doubleheader in Cleveland after winning the series opener 11-1 on Monday night behind Sonny Gray. After the Guardians had briefly moved atop the division last week, the Twins are now three games up on Cleveland, which has lost five straight.
PUNISHMENTS
It’s going to be a while before Phil Nevin manages the Los Angeles Angels again.
The team’s interim skipper was suspended for 10 games Monday by Major League Baseball after the Angels and Seattle Mariners got into a nasty brawl Sunday.
In all, a combined 12 members of the two teams — from players and coaches to an Angels interpreter — were suspended for their roles in the fight.
MLB said Nevin was banned because Angels opener Andrew Wantz intentionally threw at Jesse Winker while warnings were in place for both clubs. Nevin made the late decision to pitch Wantz instead of scheduled starter Jose Suarez.
Nevin began serving his penalty Monday night as the Angels won their series opener against the Chicago White Sox. Bench coach Ray Montgomery, who received a two-game suspension, ran the team in Nevin’s place. Montgomery and catching coach Bill Haselman (one game) will begin serving their suspensions after assistant pitching coach Dom Chiti returns from his five-game ban.
Winker (seven games), Seattle shortstop J.P. Crawford (five games) and outfielder Julio Rodriguez (two games) also received suspensions.
For the Angels, Wantz (three games), pitcher Ryan Tepera (three games), reliever Raisel Iglesias (two games) and major league interpreter Manny Del Campo (two games) were banned.
Los Angeles third baseman Anthony Rendon, sidelined for the rest of the season after undergoing wrist surgery, will be suspended five games when he returns from the injured list. For now, he is prohibited from sitting on the bench for the next seven games.
Wantz is the only player not appealing.
Winker was hit by the first pitch of the second inning from Wantz, who had also thrown behind Rodriguez’s head in the first inning.
Seattle catcher Luis Torrens went on the 10-day injured list Monday with a left shoulder injury suffered during the fight. Mariners manager Scott Servais also had bruises on his arm after ending up at the bottom of a pile during the skirmish.
Winker was still angry Monday. Asked if the brawl was a bad look for baseball, he responded, “I think it’s a bad look on Phil Nevin and could have been handled differently.”
VINNIE’S CORONATION
Hot prospect Vinnie Pasquantino could get his first big league start at first base for the Kansas City Royals in a home game against Texas.
The Royals cleared space to promote Pasquantino from Triple-A on Monday by trading veteran first baseman Carlos Santana and nearly $4.3 million to Seattle for right-handers Wyatt Mills and William Fleming.
Pasquantino wasn’t in the starting lineup Monday night against the Rangers because of tight travel schedules, but Royals general manager J.J. Picollo and manager Mike Matheny expect his big bat to be in the lineup regularly.
The 24-year-old Pasquantino was hitting .280 with 18 homers this season at Omaha, and he was among the Triple-A leaders in extra-base hits, runs, homers and slugging percentage.
SHOWCASE
Frankie Montas, who is 3-7 despite a 3.21 ERA, will be in the spotlight when he starts for Oakland at Yankee Stadium.
The 29-year-old right-hander could be dealt by the salary-shedding A’s by the Aug. 2 trade deadline, joining Matt Olson, Matt Chapman, Chris Bassitt and Sean Manaea, who were jettisoned earlier this year in moves that cut payroll to a major league-low $48 million on opening day.
Montas has a $5,025,000 salary, is eligible for arbitration after this season and can become a free agent following the 2023 World Series. Oakland has been shut out three times and scored one run five times in his 15 starts. Rookie left-hander JP Sears will be brought up to start for the Yankees.
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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/leading-off-twins-in-cleveland-for-2-brawl-bans-announced/ | 2022-06-29T02:51:05Z |
Continued progress of premiumization strategy and record quarter from BioSteel accelerating path to profitability
SMITHS FALLS, ON, August 5, 2022 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter ended June 30, 2022. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
Highlights
- Q1 FY2023 net revenue was flat compared to Q4 FY20221.
- Company maintained #1 share of combined premium flower and pre-rolled joint ("PRJ") segment in Q1 FY20232.
- Increased share of the combined mainstream flower and PRJ segment by 35 bps to 4.0% in Q1 FY2023.
- International medical cannabis net revenue approximately doubled versus Q1 FY2022 driven primarily by strong sales in Israel and Australia.
- Record BioSteel revenues in Q1 FY2023 increased 169% versus Q1 FY2022. Secured retail agreement with Walmart Stores covering 2,200 stores in 39 states. Entered partnership to become the Official Hydration Partner of the NHL and NHLPA.
- Cost reduction program on track with operating expenses3 in Q1 FY2023 decreasing by 13% versus Q1 FY2022.
"Through advancements in our North American brand led strategy we delivered a record quarter from BioSteel and maintained #1 share in the premium flower and pre-rolled joint segment, while driving growth of our premium Doja and mainstream Tweed brands. As our U.S. THC ecosystem continues to strengthen with Acreage operating in the recreational cannabis market in New Jersey, along with the expansion of Wana across North America, we remain focused on delivering a robust pipeline of innovation aligned to what consumers are looking for – premium, infused, and ready to enjoy."
David Klein, Chief Executive Officer
"The cost saving program announced earlier in the quarter combined with sound expense discipline contributed to a meaningful decline in operating expenses during the quarter. We expect cost savings to ramp in the second half of the year, enabling us to execute on our path to profitability even as we continue to invest in strategic growth initiatives including in BioSteel and our U.S. THC ecosystem."
Judy Hong, Chief Financial Officer
First Quarter Fiscal 2023 Financial Summary
Revenues:
Net revenue of $110 million in Q1 FY2023 declined 19% versus Q1 FY2022. Total global cannabis net revenue of $66 million in Q1 FY2023 represented a decline of 29% over Q1 FY2022 driven in part by a decline in value flower sales in the Canadian recreational cannabis market due to a deliberate business transition to focus on higher margin, premium and mainstream products. Other consumer products revenue of $44 million in Q1 FY2023, represented an increase of 1% over Q1 FY2022. Excluding the impact from acquired businesses and divestiture of C3, net revenue declined 17% and global cannabis net revenue declined 28% versus Q1 FY2022.
Gross margin:
Reported gross margin in Q1 FY2023 was (1%) as compared to 20% in Q1 FY2022. Excluding non-cash restructuring costs recorded in COGS of $4 million, adjusted gross margin was 2%. Gross margin in Q1 FY2023 was further impacted by lower production output and price compression in the Canadian recreational business, a shift in business mix, and a decrease in the amount of payroll subsidies received from the Canadian government pursuant to a COVID-19 relief program.
Operating expenses:
Total SG&A ("SG&A") expenses in Q1 FY2023 declined by 8% versus Q1 FY2022, driven by year-over-year reductions in General & Administrative and Research and Development expenses, offset by increases in Sales and Marketing.
Goodwill impairment:
The Company recognized a non-cash goodwill impairment of $1,725 million related to our cannabis operations reporting unit which is included in our quarterly net loss. This impairment represents the full goodwill balance associated with the cannabis operations reporting unit and was triggered as a result of the decrease in the Company's market capitalization in Q1 FY2023.
Net Loss:
Net Loss in Q1 FY2023 was $2,088 million, which is a $2,478 million increase in the net loss versus Q1 FY2022, driven primarily by the non-cash $1,725 million impairment in goodwill, and non-cash fair value changes.
Adjusted EBITDA:
Adjusted EBITDA loss in Q1 FY2023 was $75 million, an $11 million increase in Adjusted EBITDA loss versus Q1 FY2022 primarily driven by the decline in gross margin, partially offset by the reduction in our total SG&A expenses.
Free Cash Flow:
Free Cash Flow in Q1 FY2023 was an outflow of $143 million, a 23% decrease in outflow versus Q1 FY2022. Relative to Q1 FY2022, the Free Cash Flow outflow decrease reflects a decrease in the cash used for operating activities and optimizing our capital expenditures as part of the previously-noted restructuring actions.
Cash Position:
Cash and short-term investments amounted to $1.2 billion at June 30, 2022, representing a decrease of $0.2 billion from $1.4 billion at March 31, 2022 reflecting primarily EBITDA losses, and the upfront payment made as consideration for the options to acquire Jetty Extracts upon federal permissibility of THC in the U.S.
Strong brand performance and innovation are helping stabilize market share in core segments of the Canadian recreational cannabis market
- Maintained Canopy Growth's #1 share in combined premium flower and PRJ segment in Q1 FY2023. With a continued focus on premium NPD, Canopy launched 11 new premium flower and PRJ products in Q1 FY2023 which resulted in brand share of Doja in the premium flower and PRJ segment increasing 13 bps to 2.1%.
- Maintained share in the combined mainstream flower and PRJ segment with the introduction of 6 new mainstream flower and PRJ offerings in Q1 FY2023. Strong consumer demand for new flower strains increased the Tweed brand's share of the combined mainstream flower and PRJ segment by 35 bps to 4.0% in Q1 FY2023.
- Consumer demand for new Ready-to-Drink ("RTD") beverage flavour extensions under the Deep Space and Tweed brand banners helped increase the Company's share of RTD beverage category by 33 bps to 23%. The Deep Space brand maintained its #2 rank in the over 5 mg THC beverage category. Strong consumer demand for the Tweed portfolio of Iced Tea and Fizz beverages increased the Tweed brand's share of the RTD beverage market by 136 bps to 10.4% and maintained the brand's #1 market share rank in the under 5 mg THC beverage category.
- Robust NPD pipeline including a combined 26 premium and mainstream flower and PRJ offerings expected in Q2 FY2023 secured 60 new listings across Alberta, Ontario and Quebec.
Medical cannabis revenues increasing, with multiple potential growth drivers
- International medical cannabis net revenue doubled versus Q1 FY2022 driven primarily by strong sales in Israel and Australia. Sales force in Germany focused on expanding pharmacy network.
- Critical focus of Canadian medical cannabis business on increasing veteran registrations through the Spectrum Veteran Care program.
Gains in distribution and sales velocity of BioSteel RTD drove record revenue in Q1 FY2023
- BioSteel revenue in Q1 FY2023 increased 169% versus Q1 FY2022 with BioSteel RTDs achieving 21% ACV8, up from 3% in Q1 FY2022. Agreement secured with Walmart for product to blanket 2,200 stores across 39 states.
- BioSteel entered partnership to become the Official Hydration Partner of the NHL and NHLPA. Sponsorship will provide the BioSteel brand with league-wide rink side marketing and product supply rights, retail activation rights, community engagement platforms, player marketing and activation rights.
U.S. THC Ecosystem continues to strengthen
- Wana9 continued their North American expansion by entering Puerto Rico and Arkansas in addition to opening three additional states. Building on the success of its Optimals line, including Wana Optimals Fast Asleep, which ranks as the No. 1 Quick onset sleep gummie in North America, Wana has added a variety of new SKUs to a range of markets.
- Acreage Holdings10 made strong progress in the first quarter of calendar 2022 with revenue increasing 48% year over year and delivered their 5th consecutive quarter of positive Adjusted EBITDA. In April 2022, Acreage commenced adult-use operations in New Jersey with their flagship brand, The Botanist, now available for adult-use consumers in multiple dispensaries in the state.
First Quarter Fiscal 2023 Revenue Review
Revenue by Channel
Revenue by Form
Canadian Cannabis
- Recreational B2B net sales in Q1 FY2023 decreased 38% over the prior year period primarily due to the continuing impacts of price compression resulting from increased competition and lower sales in the value-priced dried flower category. These factors were partially offset by a more favourable product mix due primarily to a decrease in the volume of value-priced dried product sold compared to the prior year and a full quarter of net revenue contribution from Supreme Cannabis.
- Recreational B2C net sales in Q1 FY2023 decreased 28% versus Q1 FY2022 largely driven by increased competition from the rapid increase in third party retail locations across provinces.
- Medical net revenue in Q1 FY2023 decreased 1% from Q1 FY2022 driven primarily by higher average order sizes offset by a fewer number of orders.
International Cannabis
- C3 revenue in Q1 FY2023 decreased 100% year-over-year as a result of the divestiture that was completed on January 31, 2022.
- Other revenue in Q1 FY2023 increased 73% over the prior year period primarily due to bulk cannabis sales by Supreme Cannabis into the Israel medical cannabis market and increasing global medical sales including to Australia.
Other Consumer Products
- BioSteel sales in Q1 FY2023 increased 169% over Q1 FY2022 in part due to continued growth in our distribution channels and sales velocities across North America and higher international sales.
- Storz & Bickel vaporizer revenue in Q1 FY2023 decreased 35% over Q1 FY2022 due primarily to temporary disruptions with certain distributors and slowdown in consumer spending in North America and Europe.
- This Works sales in Q1 FY2023 decreased 15% over Q1 FY2022 due in part to softer performance of certain product lines, which benefited during the period of COVID-19 restrictions in Q1 FY2022 and the phasing of orders for certain products in Europe to Q2 FY2023.
The Q1 FY2023 and Q1 FY2022 financial results presented in this press release have been prepared in accordance with U.S. GAAP.
Webcast and Conference Call Information
The Company will host a conference call and audio webcast with David Klein, CEO and Judy Hong, CFO at 10:00 AM Eastern Time on August 5, 2022.
Webcast Information
A live audio webcast will be available at https://app.webinar.net/bXk1q7d6DRl
Replay Information
A replay will be accessible by webcast until 11:59 PM ET on November 5, 2022 at https://app.webinar.net/bXk1q7d6DRl
Non-GAAP Measures
Adjusted EBITDA is a non-GAAP measure used by management that is not defined by U.S. GAAP and may not be comparable to similar measures presented by other companies. Adjusted EBITDA is calculated as the reported net income (loss), adjusted to exclude income tax recovery (expense); other income (expense), net; loss on equity method investments; share-based compensation expense; depreciation and amortization expense; asset impairment and restructuring costs; restructuring costs recorded in cost of goods sold; and charges related to the flow-through of inventory step-up on business combinations, and further adjusted to remove acquisition-related costs. Asset impairments related to periodic changes to the Company's supply chain processes are not excluded from Adjusted EBITDA given their occurrence through the normal course of core operational activities. The Adjusted EBITDA reconciliation is presented within this news release and explained in the Company's Quarterly Report on Form 10-Q to be filed with the Securities and Exchange Commission ("SEC").
Free Cash Flow is a non- GAAP measure used by management that is not defined by U.S. GAAP and may not be comparable to similar measures presented by other companies. This measure is calculated as net cash provided by (used in) operating activities less purchases of and deposits on property, plant and equipment. The Free Cash Flow reconciliation is presented within this news release and explained in the Company's Quarterly Report on Form 10-Q to be filed with the SEC.
Adjusted Gross Margin and Adjusted Gross Margin Percentage are non-GAAP measures used by management that are not defined by U.S. GAAP and may not be comparable to similar measures presented by other companies. Adjusted Gross Margin is calculated as gross margin excluding restructuring and other charges recorded in cost of goods sold, and charges related to the flow-through of inventory step-up on business combinations. Adjusted Gross Margin Percentage is calculated as Adjusted Gross Margin divided by net revenue. The Adjusted Gross Margin and Adjusted Gross Margin Percentage reconciliation is presented within this news release.
About Canopy Growth Corporation
Canopy Growth (TSX:WEED,NASDAQ:CGC ) is a world-leading diversified cannabis and cannabinoid-based consumer product company, driven by a passion to improve lives, end prohibition, and strengthen communities by unleashing the full potential of cannabis. Leveraging consumer insights and innovation, we offer product varieties in high quality dried flower, oil, softgel capsule, infused beverage, edible, and topical formats, as well as vaporizer devices by Canopy Growth and industry-leader Storz & Bickel. Our global medical brand, Spectrum Therapeutics, sells a range of full-spectrum products using its colour-coded classification system and is a market leader in both Canada and Germany. Through our award-winning Tweed and Tokyo Smoke banners, we reach our adult-use consumers and have built a loyal following by focusing on top quality products and meaningful customer relationships. Canopy Growth has entered into the health and wellness consumer space in key markets including Canada, the United States, and Europe through BioSteel sports nutrition, and This Works skin and sleep solutions; and has introduced additional federally-permissible CBD products to the United States through our First & Free and Martha Stewart CBD brands. Canopy Growth has an established partnership with Fortune 500 alcohol leader Constellation Brands. For more information visit www.canopygrowth.com.
Notice Regarding Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of applicable securities laws, which involve certain known and unknown risks and uncertainties. Forward-looking statements predict or describe our future operations, business plans, business and investment strategies and the performance of our investments. These forward-looking statements are generally identified by their use of such terms and phrases as "intend," "goal," "strategy," "estimate," "expect," "project," "projections," "forecasts," "plans," "seeks," "anticipates," "potential," "proposed," "will," "should," "could," "would," "may," "likely," "designed to," "foreseeable future," "believe," "scheduled" and other similar expressions. Our actual results or outcomes may differ materially from those anticipated. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.
Forward-looking statements include, but are not limited to, statements with respect to:
- the uncertainties associated with the COVID-19 pandemic, including our ability, and the ability of our suppliers and distributors, to effectively manage the restrictions, limitations and health issues presented by the COVID-19 pandemic, the ability to continue our production, distribution and sale of our products and the demand for and use of our products by consumers, disruptions to the global and local economies due to related stay-at-home orders, quarantine policies and restrictions on travel, trade and business operations and a reduction in discretionary consumer spending;
- laws and regulations and any amendments thereto applicable to our business and the impact thereof, including uncertainty regarding the application of U.S. state and federal law to U.S. hemp (including CBD) products and the scope of any regulations by the U.S. Food and Drug Administration (the "FDA"), the U.S. Drug Enforcement Administration (the "DEA"), the U.S. Federal Trade Commission (the "FTC"), the U.S. Patent and Trademark Office (the "USPTO"), the U.S. Department of Agriculture (the "USDA") and any state equivalent regulatory agencies over U.S. hemp (including CBD) products;
- expectations regarding the amount or frequency of impairment losses, including as a result of the write-down of intangible assets, including goodwill.
- expectations related to our announcement of certain restructuring actions (the "Restructuring Actions") and any progress, challenges and effects related thereto as well as changes in strategy, metrics, investments, costs, operating expenses, employee turnover and other changes with respect thereto.
- our ability to refinance debt as and when required on terms favorable to us and comply with covenants contained in our debt facilities and debt instruments.
- expectations regarding the laws and regulations and any amendments thereto relating to the U.S. hemp industry in the U.S., including the promulgation of regulations for the U.S. hemp industry by the USDA and relevant state regulatory authorities.
- expectations regarding the potential success of, and the costs and benefits associated with, our acquisitions, joint ventures, strategic alliances, equity investments and dispositions;
- the amended plan of arrangement with Acreage Holdings, Inc., including the consummation of such acquisition.
- the definitive agreements with Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (each, a "Wana Entity"), including the consummation of the acquisition of each Wana Entity.
- the grant, renewal and impact of any license or supplemental license to conduct activities with cannabis or any amendments thereof;
- our international activities and joint venture interests, including required regulatory approvals and licensing, anticipated costs and timing, and expected impact.
- our ability to successfully create and launch brands and further create, launch and scale cannabis-based products and U.S. hemp-derived consumer products in jurisdictions where such products are legal and that we currently operate in.
- the benefits, viability, safety, efficacy, dosing and social acceptance of cannabis, including CBD and other cannabinoids.
- the anticipated benefits and impact of the investments in us (the "CBI Group Investments") from Constellation Brands, Inc. ("CBI") and its affiliates (together, the "CBI Group").
- the potential exercise of the warrants held by the CBI Group, pre-emptive rights and/or top-up rights held by the CBI Group, including proceeds to us that may result therefrom.
- expectations regarding the use of proceeds of equity financings, including the proceeds from the CBI Group Investments.
- the legalization of the use of cannabis for medical or recreational in jurisdictions outside of Canada, the related timing and impact thereof and our intentions to participate in such markets, if and when such use is legalized.
- our ability to execute on our strategy and the anticipated benefits of such strategy.
- the ongoing impact of the legalization of additional cannabis product types and forms for recreational use in Canada, including federal, provincial, territorial and municipal regulations pertaining thereto, the related timing and impact thereof and our intentions to participate in such markets.
- the ongoing impact of developing provincial, territorial and municipal regulations pertaining to the sale and distribution of cannabis, the related timing and impact thereof, as well as the restrictions on federally regulated cannabis producers participating in certain retail markets and our intentions to participate in such markets to the extent permissible.
- the timing and nature of legislative changes in the U.S. regarding the regulation of cannabis including tetrahydrocannabinol ("THC").
- the future performance of our business and operations.
- our competitive advantages and business strategies.
- the competitive conditions of the industry.
- the expected growth in the number of customers using our products.
- our ability or plans to identify, develop, commercialize or expand our technology and research and development initiatives in cannabinoids, or the success thereof.
- expectations regarding revenues, expenses and anticipated cash needs.
- expectations regarding cash flow, liquidity and sources of funding.
- expectations regarding capital expenditures.
- the expansion of our production and manufacturing, the costs and timing associated therewith and the receipt of applicable production and sale licenses.
- the expected growth in our growing, production and supply chain capacities.
- expectations regarding the resolution of litigation and other legal and regulatory proceedings, reviews and investigations.
- expectations with respect to future production costs.
- expectations with respect to future sales and distribution channels and networks.
- the expected methods to be used to distribute and sell our products.
- our future product offerings.
- the anticipated future gross margins of our operations.
- accounting standards and estimates.
- expectations regarding our distribution network.
- expectations regarding the costs and benefits associated with our contracts and agreements with third parties, including under our third-party supply and manufacturing agreements; and
- expectations on price changes in cannabis markets.
Certain of the forward-looking statements contained herein concerning the industries in which we conduct our business are based on estimates prepared by us using data from publicly available governmental sources, market research, industry analysis and on assumptions based on data and knowledge of these industries, which we believe to be reasonable. However, although generally indicative of relative market positions, market shares and performance characteristics, such data is inherently imprecise. The industries in which we conduct our business involve risks and uncertainties that are subject to change based on various factors, which are described further below.
The forward-looking statements contained herein are based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including: (i) management's perceptions of historical trends, current conditions and expected future developments; (ii) our ability to generate cash flow from operations; (iii) general economic, financial market, regulatory and political conditions in which we operate; (iv) the production and manufacturing capabilities and output from our facilities and our joint ventures, strategic alliances and equity investments; (v) consumer interest in our products; (vi) competition; (vii) anticipated and unanticipated costs; (viii) government regulation of our activities and products including but not limited to the areas of taxation and environmental protection; (ix) the timely receipt of any required regulatory authorizations, approvals, consents, permits and/or licenses; * our ability to obtain qualified staff, equipment and services in a timely and cost-efficient manner; (xi) our ability to conduct operations in a safe, efficient and effective manner; (xii) our ability to realize anticipated benefits, synergies or generate revenue, profits or value from our recent acquisitions into our existing operations; (xiii) our ability to continue to operate in light of the COVID-19 pandemic and the impact of the pandemic on demand for, and sales of, our products and our distribution channels; and (xiv) other considerations that management believes to be appropriate in the circumstances. While our management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct.
By their nature, forward-looking statements are subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking statements in this press release and other reports we file with, or furnish to, the Securities and Exchange Commission (the "SEC") and other regulatory agencies and made by our directors, officers, other employees and other persons authorized to speak on our behalf. Such factors include, without limitation, changes in laws, regulations and guidelines and our compliance with such laws, regulations and guidelines; the risk that the COVID-19 pandemic may disrupt our operations and those of our suppliers and distribution channels and negatively impact the demand for and use of our products; consumer demand for cannabis and U.S. hemp products; our limited operating history; inflation risks; the risks and uncertainty regarding future product development; our reliance on licenses issued by and contractual arrangements with various federal, state and provincial governmental authorities; the risk that cost savings and any other synergies from the CBI Group Investments may not be fully realized or may take longer to realize than expected; the implementation and effectiveness of key personnel changes; the risks that our Restructuring Actions will not result in the expected cost savings, efficiencies and other benefits or will result in greater than anticipated turnover in personnel; risks associated with jointly owned investments; risks relating to our current and future operations in emerging markets; future levels of revenues and the impact of increasing levels of competition; risks related to the protection and enforcement of our intellectual property rights; our ability to manage disruptions in credit markets or changes to our credit ratings; future levels of capital, environmental or maintenance expenditures, general and administrative and other expenses; the success or timing of completion of ongoing or anticipated capital or maintenance projects; risks related to the integration of acquired businesses; the timing and manner of the legalization of cannabis in the United States; business strategies, growth opportunities and expected investment; the adequacy of our capital resources and liquidity, including but not limited to, availability of sufficient cash flow to execute our business plan (either within the expected timeframe or at all); counterparty risks and liquidity risks that may impact our ability to obtain loans and other credit facilities on favorable terms; the potential effects of judicial, regulatory or other proceedings, or threatened litigation or proceedings, on our business, financial condition, results of operations and cash flows; risks related to stock exchange restrictions; risks associated with divestment and restructuring; volatility in and/or degradation of general economic, market, industry or business conditions; our exposure to risks related to an agricultural business, including wholesale price volatility and variable product quality; third-party transportation risks; compliance with applicable environmental, economic, health and safety, energy and other policies and regulations and in particular health concerns with respect to vaping and the use of cannabis and U.S. hemp products in vaping devices; the anticipated effects of actions of third parties such as competitors, activist investors or federal, state, provincial, territorial or local regulatory authorities, self-regulatory organizations, plaintiffs in litigation or persons threatening litigation; changes in regulatory requirements in relation to our business and products; and the factors discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended March 31, 2022. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements.
Forward-looking statements are provided for the purposes of assisting the reader in understanding our financial performance, financial position and cash flows as of and for periods ended on certain dates and to present information about management's current expectations and plans relating to the future, and the reader is cautioned that the forward-looking statements may not be appropriate for any other purpose. While we believe that the assumptions and expectations reflected in the forward-looking statements are reasonable based on information currently available to management, there is no assurance that such assumptions and expectations will prove to have been correct. Forward-looking statements are made as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking statements, except as required by law. The forward-looking statements contained in this press release and other reports we file with, or furnish to, the SEC and other regulatory agencies and made by our directors, officers, other employees and other persons authorized to speak on our behalf are expressly qualified in their entirety by these cautionary statements.
Schedule 1
Schedule 2
Schedule 3
Schedule 4
Adjusted Gross Margin1 Reconciliation (Non-GAAP Measure)
Schedule 5
Adjusted EBITDA1 Reconciliation (Non-GAAP Measure)
Schedule 6
Free Cash Flow Reconciliation1 (Non-GAAP Measure)
Schedule 7
Segmented Gross Margin Reconciliation
Schedule 8
Segmented Adjusted Gross Margin1 Reconciliation (Non-GAAP Measure)
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SOURCE Canopy Growth Corporation | https://www.wibw.com/prnewswire/2022/08/05/canopy-growth-corporation-reports-first-quarter-fiscal-year-2023-financial-results/ | 2022-08-05T12:12:52Z |
500+ People and 50 Brands & Organizations to Honor Birth Workers, and Push for a Culture-Shift to Uplift Maternal and Reproductive Health
Sponsors Include: March of Dimes, Irth App, Kate Spade New York, Bobbie, Ovia Health, Boram, Mahmee, Carol's Daughter, Frida, and more.
BROOKLYN, NY, May 4, 2022 /PRNewswire/ -- Mama Glow – a global maternal health and education platform committed to advancing the next generation of doulas – announced today the return of the widely-successful Doula Expo by Mama Glow on Saturday, May 21st in Brooklyn, NYC.
Conceived by world-renowned doula Latham Thomas – the founder of Mama Glow and co-founder of the Mama Glow Foundation – the Doula Expo by Mama Glow is a day-long festival that supports birth professionals and families and prioritizes education, connection and community. The inaugural Doula Expo event took place in October 2021 in Brooklyn and hosted over 400 attendees.
Birth workers, caregivers, and families will join maternal health and wellness industry leaders and policymakers to discuss how we build a future where birth is safe and equitable for all, address policy gaps, and share powerful personal stories grounded in solutions in maternal health. The day is full of activities, including TED-style talks, panel discussions, and thoughtfully curated interactive booths and lounge experiences anchored by Mama Glow's 50 partner organizations. In addition to doulas, caregivers, and families, the 2022 Doula Expo will also feature influencers, celebrity stakeholders in maternal health, elected officials, and more.
"This unique gathering underscores the importance of leaning into community, supporting our villages, and reminds us of the power we have when we come together. Birth work is essential work, caregivers are at the crux of community, and the work of doulas is life affirming. The Doula Expo by Mama Glow is a safe space for us to gather, celebrate, and restore ourselves as we continue the path forward," said Latham Thomas.
Additional Event Details
A preview video for the event can be viewed here.
Visit the Doula Expo website for tickets and to learn more.
Media who wish to attend and cover the 2022 Doula Expo can RSVP to Hanna Hayden at hhayden@thereisgroup.com.
Ticket proceeds from the event will support the educational mission of the Mama Glow Foundation, our 501c3 non-profit committed to advancing reproductive justice and birth equity through education, advocacy and the arts.
About Latham Thomas and Mama Glow
Latham Thomas is an authority in black maternal health, and she and Mama Glow were recently chosen by Mayor Eric Adams as one of a select group to participate in the new expansion of the citywide doula program in New York City. This program strengthens maternal and infant care and reduces racial health disparities. Latham also recently joined Inside City Hall on NY1 and participated in a roundtable discussion with the US Department of Health and Human Services in recognizing Black Maternal Health Week.
Mama Glow is a Brooklyn-based, Black, female-founded organization training and supporting a global community of doulas. Through their global doula training platform they strive to advance workforce development and economic empowerment for their thriving community of birth workers.
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SOURCE Mama Glow | https://www.mysuncoast.com/prnewswire/2022/05/04/may-21-doula-expo-by-mama-glow-returns/ | 2022-05-04T22:07:00Z |
CogniSure will deliver unstructured insurance text extraction solutions on InsureMO Ecosystem and Marketplace.
JERSEY CITY, N.J., July 26, 2022 /PRNewswire/ -- InsureMO® and CogniSure announced a partnership that CogniSure, the leading insurance-specific unstructured text ingestion platform for P&C and health insurance using AI technologies, will unlock valuable insights trapped in unstructured data leveraging InsureMO® digital insurance platform. With 3,000+ product SKUs and thousands insurance and non-insurance APIs, InsureMO® (for "Insurance Middle Office") will enable CogniSure provide its world class products and solutions to its clients in North America.
P&C insurers face daunting tasks to identify key trends and insights that are locked within unstructured text documents such as loss runs, Schedules, SOV, and supplemental forms, that are attached to submission emails.
CogniSure alleviates this challenge and automates the ability to highlight thresholds and key data indicators to allow insurance personnel gain efficiencies and accuracy when processing and evaluating insurance transactions.
InsureMO® is a global leading insurance middleware platform which enables various use cases across 300+ insurers, 5,000+ channels and insurtechs in nearly 40 countries globally and powers more than $20 billion in premiums per year. CogniSure will leverage InsureMO's platform, ecosystem and marketplace including the following products:
- Digital Insurance Product Library
Digital Insurance Product Library (DIPL) a one-stop depository of global insurance products, models, templates, components to enable fast and automatic launch of a massive number of products and variations. - Insurance Services
Insurance industry specific microservices, APIs, and other capabilities to enable fast insurance innovations. - Non-Insurance Services
Typical and relevant non-insurance services and APIs that are commonly required in insurance sales and services, such as payment, communication, AI and robot assisted automation, OCR, and so on. - Utility and Admin
For managing insurance products, services, APIs, users, tenants, DevOps, and operation monitoring.
In addition to this partnership, InsureMO will offer its clients extended functionality available through APIs and on its eco-marketplace.
"At CogniSure, we digitize insurance document processing, helping insurers unlock insights that are otherwise difficult and costly to harness. When processing these unstructured documents with CogniSure, insurers are no longer burdened with tedious manual entry and can focus more on analysis instead. We are excited to bring our solution to InsureMO clients." said Sai Raman, Founder & CEO, CogniSure.
This partnership reflects the ongoing need to simplify and automate what traditionally has been supported by inefficient and error-prone back office manual processes.
"E&S, specialty, MGA, and middle market segments of P&C and A&H have traditionally been supported by many manual-prone back-office processes in support of underwriting and claims. CogniSure is a leader in the AI/ML field of solution providers that offer unstructured text ingestion engines," said Chuck Gomez, Head of North America Operations, InsureMO.
About InsureMO
InsureMO® (for "Insurance Middle Office") is designed to accelerate insurance innovation, improve connectivity among stakeholders, and handle the massive volume, variation, and velocity of insurance business in the "Digital Age." As a platform-as-a-service (PaaS), InsureMO acts as middleware for the insurance industry, freeing insurers from legacy constraints, and unlocking their ability to innovate and connect to stakeholders. With a full set of insurance APIs and microservices for general (P&C), life, and health insurance businesses covering the entire policy lifecycle, InsureMO supports Open API collaboration, is managed via Cloud Container (based on Docker and Kubernetes), and enables third parties to develop applications. Explore more or sign up now at InsureMO.com
About CogniSure
The CogniSure AI Platform unlocks insights trapped in unstructured documents such as loss runs, submissions, quotes, and policies. Its deep learning algorithms accurately extract, validate and analyze data from these documents to create new growth opportunities, develop risk insights, reduce costs, and help customers prevent losses. Learn more at www.CogniSure.ai or contactus@cognisure.ai.
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SOURCE InsureMO | https://www.mysuncoast.com/prnewswire/2022/07/26/insuremo-expands-strategic-partnership-with-cognisure/ | 2022-07-26T14:55:45Z |
NEW YORK, April 5, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Nuvei Corporation (NASDAQ: NVEI) resulting from allegations that Nuvei may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Nuvei securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=3042 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.
WHAT IS THIS ABOUT: On December 8, 2021, market analyst Spruce Point Capital Management released a report regarding Nuvei which alleged, among other things, that Nuvei is "a highly promoted payments processing technology company," which "has covered up a pattern of business failures, lack of organic growth, and a web of relationships with individuals connected to major Ponzi Schemes and alleged fraudulent activities[.]"
On this news, Nuvei's share price fell $39.38, or 40%, to close at $57.97 per share on December 8, 2021, on unusually heavy trading volume.
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. 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.
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.kxii.com/prnewswire/2022/04/05/rosen-top-ranked-firm-encourages-nuvei-corporation-investors-inquire-about-securities-class-action-investigation-nvei/ | 2022-04-06T01:13:13Z |
SAN DIEGO, May 17, 2022 /PRNewswire/ -- ecoATM/Gazelle, the global leader in mobile device recommerce announced today Bobbykin Makwana joins the executive leadership team as Chief Product & Technology Officer (CPTO), reporting to CEO, Dave Maquera.
"Our innovative technology and customer-first values are core to our mission to lead the mobile device recommerce revolution," said Maquera. "That is why we are beyond excited to have Bobbykin join ecoATM/Gazelle and bring his powerful insights in technology design to meet massive global demand for mobile device reuse solutions."
Makwana is a product leader with over two decades designing and improving customer experiences. He brings a depth of experience in product strategy and management across a wide range of industries including automotive, consumer electronics, ecommerce, content and mobile.
"I am thrilled to join ecoATM/Gazelle as we scale the technology platform leading the mobile device recommerce revolution," stated Makwana. "Designing technology to serve our expanding customer base as mobile device recommerce becomes the global norm is an exciting challenge."
ecoATM/Gazelle offers cutting edge solutions for customers seeking to sell their used devices in person or online in a simple, easy and secure way. By adding Makwana's innovative approach and leadership, the company sets the stage to further boost the customer experience and expand the business's reach.
Makwana has previously served in roles including GM, Product Leader, Vice President, and Head of Consumer Digital for companies including Apple, Volvo Cars, HP and Logitech. An innovator and inventor, he holds a patent for a computer with multiple removable battery packs and he participated in another leading team securing a patent for a digital application allowing coordinated image manipulation. Makwana holds a BS in Electronics Engineering from the University of Mumbai, and an MBA from the Bauer College of Business at the University of Houston. Bobbykin is an avid sports fan and passionate about new tech, coffee, wine, and travel. He lives in the Bay Area with his wife and two boys.
About ecoATM/Gazelle
ecoATM/Gazelle is the global leader in mobile device recommerce. ecoATM/Gazelle offers the leading technology platform for convenient, quick, environmentally responsible, and secure sale and recommerce of used devices online at gazelle.com and in person at more than 5000 convenient retail kiosk locations in the US, UK, France and Germany. The technology makes selling a used device easy, with assurance that devices will be responsibly reused or recycled. Over 33 million devices have been purchased, resold, refurbished, and recycled with ecoATM/Gazelle, diverting millions of tons of plastic, chemicals and toxins from landfills around the world.
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SOURCE ecoATM Gazelle | https://www.wibw.com/prnewswire/2022/05/17/ecoatmgazelle-adds-bobbykin-makwana-new-chief-product-amp-technology-officer/ | 2022-05-17T13:41:30Z |
CHARLESTON, S.C., June 1, 2022 /PRNewswire/ -- Crave Hot Dogs and BBQ is one of the fastest growing BBQ and hot dog chains in America. With 59 units across the United States and food trucks on the road they are poised to be the leader in the hot dog and BBQ market. Crave features Hot Dogs topped how you like them with numerous toppings to choose from, pulled chicken, pulled pork, and smoked brisket. From sandwiches, sliders and plates to your classic BBQ sides, desserts and appetizers, Crave has it all. You will also a self-pour beer wall. Each location chooses anywhere from 32-48 local craft beers, wines and ciders on tap. Some stores even have mixed drinks, YUM! Customers are able to choose as much or little as they like and pay by the oz, not by the glass. Crave features patios with fun and games, trivia nights, karaoke, live music, kids eat free Wednesdays and more. Ax lanes were also introduced this year. The axes are real and so is the fun. A fun family-oriented atmosphere where everyone leaves happy not hungry!
This past week Crave welcomed a new franchisee to Sumter SC. This will be the second of many locations in South Carolina. Crave is excited for the new expansion and looking forward to bringing many Craves to the South Carolina market.
Crave currently has units across the United States in Georgia, North Carolina, Oklahoma, Texas, Florida, Colorado, Louisiana, Nevada, Michigan, Arizona, California, Illinois, Indiana, South Carolina, Ohio, Pennsylvania and more. The expansion plans for Crave are to have 100 units open of the next 3-5 years with no less than 20 trucks on the road.
For more information on owning your own Crave, please email samantha@iwantcrave.com or visit us at www.iwantcrave.com.
Media Contact:
Samantha Rincione
samantha@iwantcrave.com
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SOURCE Crave Franchising LLC | https://www.mysuncoast.com/prnewswire/2022/06/01/crave-hot-dogs-bbq-comes-sumter-south-carolina/ | 2022-06-01T14:00:24Z |
THESSALONIKI, Greece (AP) — Greece filed an official complaint with Serbia on Monday after a cargo plane carrying mortar ammunition crashed while attempting an emergency landing in northern Greece.
“The Greek ambassador in Belgrade has been instructed to make a complaint to the Serbian (government) to stress the need for Greek authorities to be notified in advance about the nature of the cargo,” said a Greek government official who requested anonymity pending an official announcement.
Eight crew members on the An-12 cargo plane, operated by a Ukrainian company, were killed in the crash Saturday outside the northern Greek city of Kavala. The crash was followed by at least two hours of explosions.
Serbian officials said the plane had been carrying 11.5 tons of Serbian-made mortar ammunition to Bangladesh, and had been due to make a stopover in Amman, Jordan.
Mine clearance crews were working at the crash site for a second day, in a cordoned-off field around 40 kilometers (25 miles) west of Kavala International Airport. The ammunition was scattered over a 500-meter radius and was expected to take several days to clear.
Fire Service spokesman Yiannis Artopios said no hazardous substances were detected following a crash site inspection by army specialists from a nuclear, chemical and biological defense division.
All the dead crew members were believed to be Ukrainian nationals, Artopios said. Their recovered remains were taken to the nearby city of Komotini to start the identification process.
The crash caused power outages in several villages near the crash site, with repair work held up by the ordnance removal, officials from the electricity regulator said.
Serbian Defense Minister Nebojsa Stefanovic said Sunday that the ammunition had been made by a private Serbian manufacturer, adding that the plane had also been due to make stops in Riyadh, Saudi Arabia, and Ahmedabad, India, before reaching the Bangladeshi capital, Dhaka. ___
Derek Gatopoulos reported from Athens. | https://cw33.com/business/ap-business/greece-complains-to-serbia-over-mortar-cargo-plane-crash/ | 2022-07-19T01:18:25Z |
DENVER, Aug. 25, 2022 /PRNewswire/ - Amp Energy, a global Energy Transition Platform and renewable energy developer, today announced it has closed financing on its 61 MW | 6.5 MWh solar plus storage portfolio in Massachusetts and New York, valued at $155M. KeyBank led the construction and term debt, with U.S. Bank investing the tax equity for the portfolio, in the fourth transaction amongst the three parties since 2017.
Of the 13 projects that make up the portfolio, the majority will reach commercial operation this year, with the balance occurring in Q2, 2023. Three of the projects will incorporate DC-coupled energy storage and will be dispatched by the Amp X optimization and management platform, allowing the assets to autonomously optimize the battery output to maximize their fixed SMART program revenues, while participating in the ISO New England wholesale markets.
The integrated designs with DC-coupled energy storage, bifacial modules, along with proprietary optimization and design, once again highlights Amp's emerging position as a leader in advanced technology.
"This latest round of financing into community solar transactions pushes Amp's total tax equity and debt raised past $500M over the last few years in the US community solar market," said Jared Donald, EVP and Head of Amp's US Operations. "We're pleased to have once again attracted top tier institutional financing with KeyBank and U.S. Bank, which speaks to their deep understanding of the market as well as the knowledge and diverse skillset of the Amp team."
"Community solar makes the benefits of a less expensive, cleaner energy option accessible to those unable to install panels on their rooftop, and we're proud to support Amp's expansion in Massachusetts and New York," said Justin Baker, vice president with U.S. Bancorp Community Development Corporation's Environmental Finance team. "Being responsible stewards of the environment is important to U.S. Bank and we're committed to continued investments in solar."
We're excited to continue our partnership with Amp and grow community solar in Massachusetts and New York," said Tyler Nielsen, Director in KeyBanc Capital Markets' Utilities, Power & Renewable Energy Group, "Providing financing to optimize solar and storage also builds on the success of KeyBank's National Community Benefits Plan which focuses on investments in affordable housing, mortgage and small business lending, and renewable energy."
This strategic portfolio of solar plus storage assets continues Amp's investment in the New York and Massachusetts community solar markets, creating jobs and supporting economic development while also responding to growing consumer demand for clean, renewable power generation.
Amp's long-term ownership and operation of its projects places a high priority on working together with landowners, towns and other local stakeholders to ensure a valuable, long-term partnership in the fight against climate change.
The US operations of Amp, formed in 2016 and headquartered in Denver, Colorado, saw its real assets business surpass 200 MW of operating and in-construction assets this year, with a further 500 MW to be built over the coming 2-3 years.
Amp is a global energy transition platform.
We develop, own and operate clean energy assets throughout our core markets around the world. Alongside Amp X, our disruptive grid-edge technology platform utilizing proprietary artificial intelligence expertise, we are reimagining the grid and leading the Energy Transition. The company is headquartered in Toronto with global operations throughout North America, the UK, Australia, Japan, Spain and Czech Republic.
Founded in 2009, Amp is a high-growth disruptor at scale, backed by major investments from institutional capital partners including most recently Carlyle, which invested US$374 million for a minority stake in the company in late 2020.
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SOURCE Amp Energy | https://www.kxii.com/prnewswire/2022/08/25/amp-energy-secures-tax-equity-debt-financing-155m-community-solar-plus-storage-portfolio-repeat-transactions-with-us-bank-keybank/ | 2022-08-25T14:26:49Z |
MOSCOW (AP) — A massive fire engulfed a warehouse outside Moscow on Wednesday, killing at least one person, injuring 13 others and leaving two missing, officials said.
The fire, at a warehouse belonging to Russia’s leading online retailer, Ozon, affected an area of 50,000 square meters (540,000 square feet).
Emergencies officials said that one person died in the fire, and Moscow region Gov. Andrei Vorobyov said that two people are unaccounted-for. Officials said that two of the injured were hospitalized.
Huge plumes of black smoke rose into the skies over the area near the town of Istra northwest of Moscow.
Russia’s Emergencies Ministry said 150 firefighters and three fire helicopters were involved in efforts to extinguish the blaze.
The authorities haven’t said what triggered the fire, but RIA-Novosti news agency reported that investigators were looking at arson as the most likely cause. | https://cw33.com/news/international/ap-international/large-fire-erupts-at-warehouse-outside-moscow-11-injured/ | 2022-08-03T21:55:23Z |
SAN DIEGO, Aug. 18, 2022 /PRNewswire/ -- Laury Bliss, a seasoned healthcare business leader with decades of hospice and home health experience, has returned to VITAS Healthcare as vice president of hospice operations in Southern California. In this role, Bliss oversees the VITAS teams that provide compassionate, patient-centered care throughout the Inland Empire, San Gabriel Cities, Coastal Cities, Orange County and San Diego.
As a former senior general manager for VITAS, Bliss returns after two years to the nation's leading end-of-life care provider that recognized her as Top General Manager in 2018.
"I am thrilled to once again serve VITAS patients in delivering the highest quality of clinical, emotional and spiritual care services for those nearing the end of life," said Bliss. "My focus on bedside care and operational best practices supports our mission of putting patients and families first. My commitment to the Southern California community is unwavering—and I look forward to partnering with our communities with passion and a great sense of purpose."
With more than 18 years of hospice leadership and 12 years of multi-site management, Bliss brings powerful strengths to her role, including experience with home medical equipment and infusion therapy.
In addition to her tenure at VITAS, Bliss held high-level operational leadership roles with other hospice and home health providers in Southern California. The San Diego native and current Vista resident holds an MBA from Innova University.
VITAS is hiring passionate and talented individuals like Bliss across a variety of clinical and non-clinical disciplines. Learn more about a fulfilling career in hospice and apply online today at VITAS.com/careers.
Established in 1978, VITAS Healthcare is a pioneer and leader in the American hospice movement. Headquartered in Miami, Florida, VITAS (pronounced VEE-tahs) operates 49 hospice programs in 14 states (California, Connecticut, Delaware, Florida, Georgia, Illinois, Kansas, Missouri, New Jersey, Ohio, Pennsylvania, Texas, Virginia and Wisconsin) and the District of Columbia. VITAS employs 9,509 professionals who care for patients with advanced illness, primarily in the patients' homes, and also in the company's 26 inpatient hospice units as well as in hospitals, nursing homes and assisted living communities/residential care facilities for the elderly. At the conclusion of the second quarter of 2022, VITAS reported an average daily census of 17,360. Visit www.vitas.com.
Media inquiries contact: media@vitas.com, 877-848-2701
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SOURCE VITAS Healthcare | https://www.mysuncoast.com/prnewswire/2022/08/18/vitas-healthcare-names-laury-bliss-vice-president-operations-southern-california/ | 2022-08-18T14:18:22Z |
SAN DIEGO, June 21, 2022 /PRNewswire/ -- Today, TuSimple (Nasdaq: TSP) co-founder and CEO Xiaodi Hou announced the addition of two key leadership positions and the departure of its CFO as the company continues transitioning from testing to scaling and, ultimately, wide deployment of autonomous trucking technology across the U.S.
Dr. Ersin Yumer is being promoted to Executive Vice President of Operations. Dr. Yumer oversees the TuSimple Autonomous Freight Network (AFN) to support Driver Out operations and has deep experience in the industry, including previous roles at Aurora Innovation, Inc., Uber Technologies, Inc., Argo AI, and Adobe, as well as a PhD from Carnegie Mellon in the field of machine learning and computer vision.
Dr. Lei Wang is being promoted to Executive Vice President of Technology. Dr. Wang will continue to develop the advanced hardware, software, and algorithm technology required to install safe and reliable Driver Out capability. Dr. Wang has held technology leadership roles at WeRide.ai, Instagram and Facebook, and also has a PhD in computer science from the Georgia Institute of Technology with a focus on algorithm designs in artificial intelligence and machine learning.
In addition, Chief Financial Officer Patrick Dillon will leave the company to pursue other opportunities. Eric Tapia, TuSimple's Global Controller and principal accounting officer, will temporarily take on the role of the company's Chief Financial Officer while TuSimple carries out a search for a new CFO.
"I want to personally thank Pat Dillon for helping guide us through the IPO process and our first year as a public company. He has provided invaluable support and guidance to TuSimple and played a key role in TuSimple becoming a commercial leader in autonomous trucking and achieving several industry firsts," said Xiaodi Hou, Co-Founder and CEO.
Additionally, TuSimple is also reconfirming it is on track to meet or out-perform previously announced 2022 Adjusted EBITDA guidance and will provide an update at the regularly scheduled quarterly update.
"With more than 7 million miles driven by TuSimple's autonomous vehicles, we are laser focused on transitioning to the next stage: Driver Out Commercialization. Ersin Yumer is uniquely qualified to make sure that safety, efficiency and scalability are cornerstones of our entire organization. Additionally, Lei Wang is a highly experienced and capable technologist and organizational leader." Dr. Hou continued, "As TuSimple continues growing and scales up to Driver Out Commercialization, I'm excited to execute our vision of a safer, more reliable and more efficient future. We remain committed to the long-term financial goals of the company, and today's announcements will help get us there."
TuSimple is a global autonomous driving technology company headquartered in San Diego, California, with operations in Arizona, Texas, Europe, and China. Founded in 2015, TuSimple is developing a commercial-ready, fully autonomous (SAE Level 4) driving solution for long-haul heavy-duty trucks. TuSimple aims to transform the $4 trillion global truck freight industry through the company's leading AI technology, which makes it possible for trucks to drive safely autonomously, operate nearly continuously, and reduce fuel consumption by 10%+ relative to manually driven trucks. Global achievements include the world's first fully autonomous, 'driver-out' semi-truck run on open public roads, and development of the world's first Autonomous Freight Network (AFN). Visit us at www.tusimple.com.
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SOURCE TuSimple Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/21/tusimple-announces-leadership-changes/ | 2022-06-21T13:28:11Z |
Ukraine: 6 dead in rocket attack on apartment building
KYIV, Ukraine (AP) - Russian rockets hit the eastern Ukraine town of Chasiv Yar, destroying a five-story apartment building and killing at least six people, the region’s governor said Sunday.
Pavlo Kyrylenko, governor of the Donetsk region, said about three dozen people could be trapped in the rubble. Rescuers have made contact with two people who are under the wreckage, he said on the Telegram messaging app.
Kyrylenko said the town of about 12,000 was hit by Uragan rockets, which are fired from truck-borne systems. Chasiv Yar is about 20 kilometers (12 miles) southeast of Kramatorsk, a city that is expected to be a major target of Russian forces as they grind westward.
The Donetsk region is one of two provinces along with Luhansk that make up the Donbas region, where separatist rebels have fought Ukrainian forces since 2014. Last week, Russia captured the city of Lysychansk, the last major stronghold of Ukrainian resistance in Luhansk.
Russian forces are raising “true hell” in the Donbas, despite assessments they were taking an operational pause, Luhansk governor Serhiy Haidai said Saturday.
After the seizure of Lysychansk, some analysts predicted Moscow’s troops likely would take some time to rearm and regroup.
But “so far there has been no operational pause announced by the enemy. He is still attacking and shelling our lands with the same intensity as before,” Haidai said. He later said the Russian bombardment of Luhansk was suspended because Ukrainian forces had destroyed ammunition depots and barracks used by the Russians.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/10/ukraine-6-dead-rocket-attack-apartment-building/ | 2022-07-10T09:56:07Z |
Ciox Health offers comprehensive solution to enable compliance with upcoming 21st Century Cures Act milestones Ciox, a Datavant company, supports health systems with an end-to-end solution for patient-driven health information requests.
ALPHARETTA, Ga., June 23, 2022 /PRNewswire/ -- As the industry leader in compliant exchange of medical data, Ciox partners with health systems to efficiently deliver patient-requested electronic health information (EHI) - a core requirement of the 21st Century Cures Act. The Cures Act fundamentally changes how patients can interact with their health information, and by Oct. 6, 2022, healthcare providers will be required to share a larger set of electronic health information upon patient request. "Obstacles continue to be encountered by patients trying to access their own electronic health information (EHI). It is time to change that paradigm," said Elise Sweeney Anthony, Executive Director of Policy at The Office of the National Coordinator, in a blog post describing the Cures Act Final Rule.
The upcoming rule change broadens the definition of EHI that patients are entitled to receive, significantly expanding the scope of healthcare providers' data sharing responsibilities. The anticipated increase in volume and complexity of patient requests emphasizes health systems' needs for a digital-first approach to comprehensive release of information (ROI). Ciox enables health systems across the U.S. to comply with the upcoming 21st Century Cures Act milestone with an end-to-end solution that leverages a digital platform to take in and release patient data with a robust governance layer to ensure patient privacy. A blog detailing trends in patient data access and the Ciox compliance solution is available here.
"Health systems trust Ciox to ensure that the release of health information fully complies with all relevant regulations and their specific parameters. The upcoming Cures Act milestone deepens the value that Ciox offers with our comprehensive and highly efficient ROI solutions," said Pete McCabe, CEO of Datavant.
Ciox's digitally enabled ROI is powered by Datavant Switchboard and begins with an intuitive application that guides patients through information requests. Following an authorization check, patient data is delivered — often within minutes — through a direct connection with the health system's Electronic Health Record (EHR) system. If requested information is not available digitally, Ciox deploys a manual retrieval process to ensure comprehensive fulfillment of patient requests. This complete and timely release of information is designed to satisfy patient needs and ensure compliance with the 21st Century Cures Act.
Learn more about Ciox | Datavant's suite of release of information services and technologies and connect with our team at www.cioxhealth.com.
Ciox, a Datavant company, provides leading clinical data technology that empowers greater health by unlocking the potential of data in medical records. The company leverages a ubiquitous network of clinical data connections to simply and securely connect healthcare decision makers with the data and hidden insights in patient medical records. Ciox helps customers connect, control, and comply in solving last mile challenges in clinical interoperability. Supporting a range of connectivity needs from research to revenue cycle, Ciox's solutions include clinical data acquisition, release of information, and clinical coding. Learn more about Ciox technology and solutions by visiting www.cioxhealth.com or Twitter and LinkedIn.
Contact:
KNB Communications
cioxhealth@knbcomm.com
(203) 504-8230
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SOURCE Ciox Health | https://www.wibw.com/prnewswire/2022/06/23/ciox-health-offers-comprehensive-solution-enable-compliance-with-upcoming-21st-century-cures-act-milestones/ | 2022-06-23T14:51:36Z |
Operating profit for the quarter amounted to NIS 102 million, which constitute approximately 2.9% of the Group's revenues, and net profit amounted to approximately NIS 27 million, which constitute approximately 0.8% of total revenues
The Be network's revenues grew by approximately 25% as compared to the corresponding quarter last year. They amounted to approximately NIS 269 million in the first quarter as compared to approximately NIS 216 million in the corresponding quarter last year
TEL AVIV, Israel, May 31, 2022 /PRNewswire/ -- Shufersal (TASE: SAE), Israel's leading retailer, announced today financial results for the first quarter of year 2022.
The Group's revenues in the first quarter amounted to approximately NIS 3.4 billion as compared to NIS 3.8 billion last year.
The Group's revenues in the first quarter amounted to NIS 3.5 billion as compared to NIS 3.8 billion last year. The decrease of about 7% is mainly due to the fact that the first quarter of last year was characterized by a closure that significantly affected the Group's revenues, and also due to the timing of the late Passover this year and the days of preparation for it, which were mainly concentrated during the second quarter.
Gross profit in the first quarter amounted to NIS 925 million, which constitute approximately 26.4% of revenues as compared to approximately NIS 1 billion in the corresponding quarter last year, which constituted approximately 27.0% of revenues. The decrease in total gross profit was mainly due to a decrease in the Group's revenues. The rate of gross profit from total revenues is approximately 26.4% as compared to approximately 27.0% in the corresponding quarter last year, which is due to an increase in the rate of operating expenses.
Operating profit in the first quarter amounted to approximately NIS 102 million which constitute approximately 2.9% of the Group's revenues as compared to approximately NIS 198 million, which constituted approximately 5.3% of the Group's revenues in the corresponding quarter last year.
Net income in the first quarter amounted to approximately NIS 27 million, which constitute approximately 0.8% of revenues as compared to approximately NIS 114 million, which constituted approximately 3.0% of revenues in the corresponding quarter last year.
EBITDA for the quarter amounted to approximately NIS 316 million, as compared to approximately NIS 397 million in the corresponding period last year, and constitutes approximately 9.0% of the Group's total revenues as compared to approximately 10.5% in the corresponding quarter last year. The decrease is mainly due to a decrease in operating profit.
Sales in the same branches in the Group decreased by approximately 8.4% as compared to the corresponding quarter last year mainly due to the weakening of the influence of coronavirus and the effect of the closure in the first quarter last year as well as the timing of Passover.
The Be network continues to improve its results in accordance with the company's work plans. The Be network revenues in the first quarter amounted to NIS 269 million as compared to NIS 216 million in the corresponding quarter last year, which constitutes an increase of 25%.
The operating profit of the Be network in the first quarter of 2022 amounted to approximately NIS 1 million, similar to the corresponding quarter last year.
Shufersal Online's sales in the first quarter amounted to approximately 21.8% of total retail sales as compared to approximately 22.4% in the corresponding quarter last year. The decrease in the online sales share of the company's total sales is mainly due to the fact that online sales in the first quarter of last year were particularly substantial in light of peak demand resulting from the closure.
Private Label sales share in the first quarter was approximately 27.6% of total food retail sales as compared to approximately 27.4% in the corresponding quarter last year, constituting an increase of about 0.2% as compared to the corresponding quarter last year.
Ran Gottfried, Chairman of the Board of Shufersal and Ofer Bloch, CEO of the Shufersal Group, said today: "The first quarter continued the trend of exiting the coronavirus closure period that characterized the previous year. The company's sales that fell in the quarter as well as the timing of Passover are a direct result of a return to routine in Israel and around the world. In particular, there is a return to routine among the general Israeli public who have resumed flying abroad, which significantly affects the comparison between the quarters.
The company continues to strengthen its core business in the chain's branches and promote its growth strategy, including online operations, the Be network, Shufersal Business activities, Shufersal Finance, the Customer Club, the Private Label and more. Through them the company is improving its value propositions to the Israeli consumer while promoting innovation and differentiation in the market in which it operates.
The company is getting ready as part of a return to routine, while carrying out operational preparations and streamlining processes that will allow it to return to the profitability rates which characterized the previous quarters".
For further information, please contact:
ir@shufersal.co.il
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SOURCE Shufersal | https://www.wibw.com/prnewswire/2022/05/31/shufersal-reports-today-financial-results-first-quarter-year-2022/ | 2022-05-31T07:46:16Z |
Highlights:
- Located in South Texas, Burke Hollow's initial Production Area Authorization 1 ("PAA-1") is the newest and largest In-Situ Recovery ("ISR") wellfield being developed in the United States.
- Completing installation of the 106 monitor wells for PAA-1 marks a significant milestone achievement towards ISR uranium production at the Burke Hollow project (the "Project").
- This is a significant development for UEC and an important step in America's nuclear fuel supply chain to provide safe, clean and reliable carbon-free energy.
- Advancing Burke Hollow towards production is timely as the U.S. looks to reduce its imports of Russian uranium. The U.S. National Nuclear Security Administration (NNSA) has recently begun the process to acquire U.S. produced uranium for America's strategic Uranium Reserve. NNSA has issued an initial solicitation to purchase up to approximately one million pounds of domestically produced uranium.
- With the successful installation of the PAA-1 monitor well ring, UEC plans to transition into additional exploration and delineation drilling within the 19,336-acre Project to define additional production areas.
- UEC's South Texas hub-and-spoke strategy is anchored by its fully licensed Hobson Processing Plant and five ISR projects, including its fully permitted Palangana, Goliad and Burke Hollow projects.
- To learn more about the environmental, social and low-cost advantages of uranium In-Situ Recovery, visit https://www.uraniumenergy.com/projects/isr/
CORPUS CHRISTI, Tex., July 27, 2022 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) "UEC" or the "Company") is pleased to announce that it has completed the installation of the 106 monitor wells necessary for its first Production Area Authorization at its Burke Hollow Project located in Bee County, Texas. The planned production area is approximately two miles in length and, once complete, will constitute the largest production area ever to be developed in South Texas.
Andy Kurrus, VP of Resource Development stated: "We are pleased to have completed the installation of the Burke Hollow PAA-1 monitor well ring, a critical step towards uranium extraction.
We have also defined resources outside of PAA-1 at the Project, including several exploration targets and anomalous areas that have only been lightly explored. We expect this to translate into an extensive Project pipeline with additional exploration drilling and production area development in the near future. The development of Burke Hollow, the only recent uranium discovery in the United States, is the largest Goliad Formation deposit ever discovered in the South Texas Uranium Trend."
In this stage of Project advancement, well development and baseline sampling are expected to be complete by mid-August followed by aquifer testing. Preparation for an authorization application which sits within the current mine permit for the Project, is planned for submittal prior to the end of the calendar year.
The mineralization in PAA-1 is hosted within the Pliocene aged Goliad Formation, in what the Company has termed the "Lower B Sand". This unit, positioned at approximately 390 to 450 feet in depth, is comprised of four sub-units of mineralization.
In 2017, UEC refocused and then concentrated its Burke Hollow efforts by specifically targeting this area with the delineation drilling necessary to expand the resources identified earlier in the Project. Commencement of the permitting phase began in 2019 with the conclusion of the delineation campaign that was immediately followed by the first round of monitor well installations.
Uranium Energy Corp is America's leading, fastest growing, uranium mining company listed on the NYSE American. UEC is a pure play uranium company and is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place. Additionally, the Company has other diversified holdings of uranium assets, including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp.; and (3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE American: UEC
WKN: AØJDRR
ISN: US916896103
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Many of these factors are beyond the Company's ability to control or predict. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
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SOURCE Uranium Energy Corp | https://www.mysuncoast.com/prnewswire/2022/07/27/uranium-energy-corp-achieves-key-milestone-burke-hollow-isr-project-with-installation-106-monitor-wells-first-production-area/ | 2022-07-27T12:23:41Z |
WAKEFIELD, Mass., June 13, 2022 /PRNewswire/ -- Ablative Solutions, Inc., a company pioneering new approaches to the treatment of hypertension, today announced the completion of the fourth tranche of its Series D financing round, resulting in $91.4 million in aggregate proceeds to the Company from the Series D financing round. Gilde Healthcare, BioStar Capital, Invus Opportunities and an undisclosed strategic corporate investor led the multi-tranched Series D round of financing.
"We are extremely pleased with the completion of our Series D financing round and the continued support of our investors, despite the challenges of the COVID-19 pandemic", stated Kate Rumrill, President and CEO.
These funds are being used to complete our ongoing Target BPI pivotal trial, evaluating the Company's novel, alcohol-mediated renal denervation procedure to reduce blood pressure in individuals with uncontrolled hypertension, while taking antihypertensive medication. This procedure is performed using the Peregrine System™, an investigational combination product engineered to target nerves known to influence the body's regulation of blood pressure. The Peregrine System delivers small doses of dehydrated alcohol directly into the space outside of the renal artery to block the overactive signaling of the sympathetic nerves.
"We continue to be appreciative of the amazing group of clinical partners we have and the progress made in our studies within our TARGET BP Program" said Rumrill. "We are encouraged by these efforts and look forward to sharing results when available."
The Peregrine System Kit is comprised of two components, the Peregrine System Infusion Catheter and dehydrated alcohol. The Peregrine System Kit for renal denervation is not approved for commercial distribution and its use is limited to investigation within clinical trials in the United States and Europe. The Company is currently enrolling patients in the TARGET BP I pivotal trial to evaluate safety and efficacy in the treatment of patients with uncontrolled hypertension in conjunction with antihypertensive medications. More information about the TARGET BP I Trial can be found at www.targetbp1.com.
The Peregrine System Infusion Catheter has been cleared via the premarket notification process (510(k)) for the infusion of diagnostic and therapeutic agents into the perivascular area of the peripheral vasculature. The Peregrine System Infusion Catheter is CE marked for the infusion of a neurolytic agent (e.g. alcohol) to achieve a reduction in systemic blood pressure in hypertensive patients. The Peregrine Catheter is not commercially available in the United States or Europe.
Ablative Solutions, Inc., based in Wakefield, MA, was founded in 2011 with a vision to address the unmet need of hypertension. Ablative Solutions' approach targets the overactive sympathetic nervous system, which may play a role in hypertension, heart failure, kidney disease, metabolic syndrome and sleep apnea. The Peregrine System is currently being investigated as a treatment for hypertension in conjunction with antihypertensive medications. For more information visit www.ablativesolutions.com.
Media contact: Tom Moore, tmoore@ablativesolutions.com
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SOURCE Ablative Solutions, Inc. | https://www.wibw.com/prnewswire/2022/06/13/ablative-solutions-inc-announces-completion-fourth-tranche-its-series-d-preferred-financing-round-unique-therapeutic-approach-treating-uncontrolled-hypertension/ | 2022-06-13T11:10:50Z |
Products we’ve tried that can make your life better
There are so many products available to make your life better that you can’t possibly be aware of them all. For instance, did you know that Heinz has a pocket-sized roller that ensures you get the most ketchup out of every condiment packet? This tiny gadget clips to a key chain and helps you reduce waste (because you will use fewer packets).
Since we are constantly testing and reviewing products, we discover many innovative gadgets that are truly life-changing devices. However, just as often, we find a regular household item, such as an air purifier, that does not get the fanfare it deserves. With that in mind, here are 14 products we think you’ll love.
14 products we love
Vibe 12-Inch Gel Memory Foam Mattress
This memory foam mattress has 7 inches of high-density foam for support topped with 3 inches of gel-infused foam that draws heat away from your body. It is suitable for any sleeping position, as it evenly distributes pressure points to provide a supportive and comfortable night’s sleep. We have been using it since early 2020 and are still extremely happy with our purchase. Sold by Amazon
There are certain products you see on a platform like TikTok and you wonder if they really perform as others would have you believe. This car-cleaning goo really does pick everything up. Simply push this eco-friendly blob into any dust-filled crack or crevice you want to clean and remove. That’s all it takes. You won’t believe the results. Sold by Amazon
O-Cedar EasyWring Microfiber Spin Mop
Mopping is gross. In the beginning, it’s fine, but as that water turns gray, you don’t want any of it getting on your hands or clothing. With the O-Cedar Mop, you never have to touch dirty water ever again. The hands-free wringing and machine-washable microfiber mop head almost make the task enjoyable. Plus, the functional design lets you remove over 99% of bacteria with just water. Sold by Amazon
Some of the best products are stalwart items that are well made so they last for generations. A Lodge cast-iron skillet fits nicely into this category. This 10.25-inch offering is pre-seasoned with 100% natural vegetable oil and can be used on the stove, in the oven, on the grill or over a campfire. It has two pouring spouts and a second handle for added stability when carrying. Sold by Amazon
When you find something that works, stick with it. That’s exactly how we feel about the Magic Bullet blender. Squeezing a nutritious meal in can be tough when your schedule is packed. The Magic Bullet is an easy way to get some quick fruits and protein. It has a powerful motor that chops, grinds, mixes, blends and more. Plus, it comes with a 10-second recipe guide for inspiration. Sold by Amazon
Puma Kids’ Evercat Transformation Duffel
We love this because it fills a very particular need. It is a simple gym bag that is specifically made for kids. It is rugged, and has a zipper closure with a crossbody strap and a padded handle. When it gets dirty, you can just toss it into the washing machine for a thorough cleaning. Not only is it the perfect size for kids’ gear, but it is a conversation starter at the gym. Everybody wants one as soon as they see it. Sold by Amazon
You don’t have to be a tea lover to have a use for an electric kettle. This model quickly boils water for pasta and other dishes, too. However, full transparency, we do love it because it is ideal for making tea. The hold button lets you keep the temperature between 140 and 208 degrees for 60 minutes, and the gooseneck spout gives you complete control over pouring. Sold by Amazon
There comes a point when you realize you deserve a grown-up chair. This isn’t because you’re spoiled and want the best, it’s because you have a work-from-home position and you can’t perform at your peak if you are constantly shifting around, trying to relieve the aches in your back, shoulders and arms. For those of us who must sit for long periods of time while focusing, this chair is a solid choice. Sold by Amazon
Sitting still is bad. Your blood doesn’t flow as it should, which leads to nutrients and oxygen not getting to areas where they are needed the most. Sitting still also makes you cold. We love the Snailax Shiatsu Foot Massager because it solves both of these problems. This massager helps keep your blood circulating, even when you are sitting still, and the heating element keeps you cozy the whole time you are at your desk. But this miraculous tool isn’t relegated to the office. You can use it anytime you want to pamper yourself. Sold by Amazon
Cremo Barber Grade Cooling Shave Cream
Even tough guys can have sensitive skin. We discovered this life-changing product about a year ago. Don’t be fooled by expensive shave cream that promises unsurpassed comfort. We’ve found this affordable offering outperforms even the high-end options. It has a clean, crisp scent and comes in a tube that lasts for up to 90 days. Sold by Amazon
Vivo Electric Stand Up Desk Frame Workstation
For far too long, we’ve been limited by this notion that tables are one-height-fits-all. That is not true (or healthy). Your size determines the height of your chair. The height of your chair determines the height of your table. If more than one person sits at that table or you prefer to have times when you stand, you need a desk that raises and lowers without struggle. We love the flexibility this motorized desk frame offers and highly recommend it to anyone who uses a desk. Sold by Amazon
Bissell Air Ram Cordless Vacuum
After trying this lightweight, cordless powerhouse, our editor shouted, “It’s the best!” The compact, multi-surface cleaning tool offers 40 minutes of fade-free battery life, along with a lay-flat handle and swivel steering that ensures you can get under or around every obstacle. The built-in LED light illuminates the floor so you know when it is clean. Sold by Kohl’s
If you or other family members suffer from seasonal allergies, it can make even the most gorgeous days miserable. This model removes up to 99.99% of pollen, allergens and pollutants, so any sensitive individuals in your home can literally breathe easier. This powerful air purifier is suitable for rooms up to 1,862 square feet and it is strong enough to remove smoke and smog that results from wildfires. As a bonus, it can serve as a white noise machine to help you sleep. Sold by Amazon
Viking Revolution Tattoo Care Balm
If you have tattoos, you need a reliable balm. Viking Revolution’s offering soothes and moisturizes to help speed up the healing process. We found it not only works great on fresh tattoos, but it is something we use every day to help maintain the vibrancy of older ones as well. The mild tropical scent is a plus. Sold by Amazon
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Allen Foster writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/home-br/decor-br/we-tried-these-14-products-and-loved-them-heres-why-you-should-too/ | 2022-07-24T12:30:01Z |
Taming the 2nd-largest wildfire in New Mexico history has been a ‘nightmare,’ firefighter says
By Aya Elamroussi and Paul Vercammen, CNN
Taming the second-largest wildfire in New Mexico history has been a nightmare for crews who have been battling the blaze for more than a month, a firefighter said Thursday.
At one point, the ferocious Hermits Peak/Calf Canyon Fire was spreading at 50 miles per hour, said Travis Regensberg, a general contractor brought in by New Mexico to help protect homes and buildings.
“It’s been a nightmare,” Regensberg told CNN on Thursday. “It’s been really tough for us. I’ve been on this 17 days straight — three, four hours of sleep a night to protect the communities here.”
The firefighters have been protecting buildings by creating perimeter rings around them and using bulldozers to cut fire lines, he said. Additionally, they try to minimize harm to septic and well systems so that people have “a place to come back to,” Regensberg said.
High winds have been firefighters’ biggest challenge.
“This fire is a sleeping beast. I mean, I call it the devil,” he added.
The monster wildfire is a combination of two blazes raging about 12 miles northwest of Las Vegas, New Mexico. Collectively, the blazes have scorched more than 166,000 acres as of late Thursday, with 20% containment, according to the interagency reporting website Inciweb.
It’s grown into the second-largest wildfire in the state’s history, according to Gov. Michelle Lujan Grisham. Dozens of homes have been destroyed and as many as 15,000 more are in danger, officials warned.
“I’m 71 years old. I’ve never seen it this bad, this big — I mean this was huge,” resident Barbara Kuehl told CNN.
Barbara Kuehl and her husband David Kuehl lost electricity in their home in Holman, located north of the fire-engulfed areas, but they are grateful that their house has been spared, she said.
The sky is blue where she lives, Kuehl said, but she’s thinking of those who aren’t so lucky.
“I’m just praying for people that are in danger, or houses or structures,” she said. “Friends of ours have lost everything, nearly everything. … It’s really sad.”
Crews are battling five other wildfires in the state, according to the National Interagency Fire Center. So far this year, about 300,000 acres have been scorched in New Mexico — more than was burned in the previous two years combined, CNN meteorologist Brandon Miller said.
President Joe Biden declared a major disaster in New Mexico in response to the wildfire devastation, which allows the state to access critical federal aid.
Crews brace for windy weekend
The winds eased Thursday and are expected to be calmer Friday, allowing for some progress in fighting the blaze, incident commander Dave Bales told CNN.
“The fire is actually laying down today (Thursday),” Bales said.
But officials are warning that wind will pick up again this weekend — making firefighting even more challenging.
“Crews have made good progress holding & constructing fire lines & structure protection around the fire ahead of strong winds expected this weekend,” Grisham said in a tweet.
Gary Zell, a US Forest Service incident meteorologist, warned that clouds and smoke combined with low humidity and wind direction will contribute to “extreme burning conditions” during the weekend through Tuesday of next week.
Earlier, the area had been experiencing severe fire weather, prompting 24 red flag events in the 30 days, Bales added. Red flag alerts are issued when weather conditions are critical for wildfires to either spark or expand even larger.
Nearly 30 towns across San Miguel and Mora counties are under a full evacuation notice due to the wildfire.
“This is a long-term event, and we do not anticipate having ‘control’ of this fire any time soon,” according to a statement from both counties.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Hannah Sarisohn and Paradise Afshar contributed to this report. | https://localnews8.com/news/2022/05/06/taming-the-2nd-largest-wildfire-in-new-mexico-history-has-been-a-nightmare-firefighter-says/ | 2022-05-06T11:48:31Z |
WEST PALM BEACH, Fla. , June 1, 2022 /PRNewswire/ -- Geoffrey Jervis, CEO and Co-founder of Mint Eco Car Wash, was named the 2022 Small Business Person of the Year Award winner last week by the Chamber of the Palm Beaches during their Business Awards breakfast. The annual award honors an individual who is a business leader that exhibits dedicated involvement to the community. Geoff was selected as one of four finalists, from over 80 nominations.
During his acceptance speech, Geoff shared with those in attendance: "If you know Mint Eco, you know how uncomfortable it is for me to accept an award that signifies individual accomplishment. Mint Eco is a cultural experiment based upon subordinating self-interest to the interests of the organization. What I have seen during my career is that organizations get it wrong. What they lack is trust: that everyone in the organization is not only working towards a common goal, but that everyone is willing to subordinate their own self-interests to those of the organization…and, when necessary, to the other members of the team. This is what we are trying to do here at Mint Eco. Not as individuals, but as a team."
The award comes on the heels of several other accolades for Mint Eco, including 2022 Best Car Wash in Palm Beach County and the Employer Patriot Award, given by the Office of the Secretary of Defense to those who support employees serving in the National Guard or Reserve.
About Mint Eco:
Mint Eco Car Wash is bringing A Fresh Approach to Washing Cars across Palm Beach County, with its unique mission statement: "We exist to make people happy. We believe a clean car makes you feel good and makes you optimistic about the rest of your day. And we LOVE being in the business of selling happiness." Founded in 2019 in West Palm Beach, Mint Eco has grown to over 100 employees and has washed hundreds of thousands of cars in Palm Beach County to date.
Mint Eco currently operates three car washes in Palm Beach County: Mint Eco Car Wash Downtown, located at 316 Southern Boulevard in West Palm Beach, Mint Eco Car Wash Jupiter, located at 220 Maplewood Drive in Jupiter, and Mint Eco Car Wash Okeechobee/Turnpike, located at 1950 Golden Lakes Boulevard in West Palm Beach, with plans to develop 50 more locations over the next several years. To learn more visit, www.mintecocarwash.com.
Contact:
Shannon Hunihan
Chief Marketing Officer
Shannonh@mintecocarwash.com
941-587-4965
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SOURCE Mint Eco Car Wash | https://www.wibw.com/prnewswire/2022/06/01/ceo-mint-eco-car-wash-wins-2022-small-business-person-year/ | 2022-06-01T14:18:07Z |
The McKinney North softball team posted their first victory of the season in a district game against Princeton. VYPE DFW was there to catch all the action in a highlight video for the Lady Bulldogs!
The Lady Bulldogs celebrated senior night with a big victory over Princeton on April 1st. The team played hard and put in the effort to walk away with their first victory this season. Check out the highlight video below!
Highlight film created by Ibifiri Jamabo. | https://cw33.com/sports/highlight-video-mckinney-north-defeats-princeton/ | 2022-04-06T16:47:44Z |
HELSINKI (AP) — Hundreds of people marched through the Norwegian capital on Saturday in an LBGT solidarity event to honor the Pride parade that was canceled in June after a deadly shooting outside a popular gay bar.
Marchers in “The Rainbow Train” passed the central Oslo nightlife district where a man identified as Zaniar Matapour shot and killed two men and injured several others outside the London Pub on June 25, just hours before the planned start of the Pride parade.
Norwegian citizen Matapour is being held on suspicion of murder, attempted murder and terrorism. His motive for the shooting remains unclear but police say hate crime is a possibility.
Organizers stressed the event Saturday wasn’t meant to be a substitute for the original Pride parade but rather a show of solidarity to Norway’s LBGT community.
“It is absolutely fantastic,” Oslo Pride spokesman Dan Bjoerke told Norwegian news agency NTB. “There is a sea of people who will show everyone that it is love that wins. We must have diversity, we must have a society where people can be allowed to be themselves without fear.”
Prime Minister Jan Stoere Gahr was among the several Norwegian politicians who took part.
“We are taking back the streets. It’s not the Pride parade we had planned for June but this is a celebration that is important for people to be able to express these important values,” Stoere told NTB.
Saturday’s event culminated in a concert in Oslo. | https://cw33.com/news/international/ap-international/ap-lgbt-solidarity-march-in-norway-for-canceled-pride-parade/ | 2022-09-11T00:19:11Z |
They're tiny, adorable and endangered: Six new species of miniature frog have been discovered in Mexico by researchers from the University of Cambridge, London's Natural History Museum and the University of Texas at Arlington.
At just 15 mm long when fully grown, all six species are smaller than a penny (around 19 mm in diameter), according to a news release from the University of Cambridge.
"Until now these new species have gone unnoticed because they're small and brown and look really similar to other frogs," Tom Jameson, a researcher at the university's Department of Zoology and University Museum of Zoology, said in the release.
The newly-discovered frogs, who make their homes in the leaf litter of Mexico's forest floors, are still a source of mystery, according to Jameson. Researchers are in the dark about many details of their behavior and social lives.
One unique detail scientists do know is that they are "direct-developing" frogs. Most frogs hatch from eggs into tadpoles before becoming frogs as adults, but these species emerge from eggs as "perfect miniature frogs," according to the release.
The tiny species live in equally tiny habitats, like a specific hillside, making the frogs especially threatened by habitat loss, the release said. The research team is working with NGOs and the Mexican government on conservation efforts.
But, their small size doesn't reflect the frogs' role in the ecosystem. "With millions of these frogs living in the leaf litter, we think they're likely to play a hugely important role in the ecosystem as a source of food for everything else, from lizards to predatory birds," said Jameson.
The new species were named Craugastor bitonium, Craugastor candelariensis, Craugastor cueyatl, Craugastor polaclavus, Craugastor portilloensis and Craugastor rubinus.
Jameson is particularly proud of the name cueyatl, which was chosen "to honor the rich human history of the Valley of Mexico, and the local people who have probably known these frogs far longer than we have," he said in the release.
The study on the frogs, published in "Herpetological Monographs" on April 4, required a painstaking hours-long investigation to distinguish the new species from another, very similar species from the Craugastor group.
The research team used DNA sequencing and 3D models of the frogs' skeletons based on CT scans to compare minute details between the species, according to the release.
And the researchers hope that there are even more species of tiny frog yet to be identified.
"Despite this progress, we suspect that additional species await discovery, particularly in western Mexico and east of the Isthmus of Tehuantepec," the scientists wrote in the study.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/six-new-species-of-miniature-frog-have-been-discovered-in-mexico/article_c456ea55-e338-578a-8018-1e4ccb326ddd.html | 2022-05-08T21:35:14Z |
MIDLAND, Mich., Aug. 10, 2022 /PRNewswire/ -- Dow (NYSE: DOW) has declared a dividend of 70 cents per share, payable September 9, 2022, to shareholders of record on August 31, 2022.
This marks the 444th consecutive dividend paid by the Company or its affiliates since 1912.
About Dow
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
Twitter: https://twitter.com/DowNewsroom
Facebook: https://www.facebook.com/dow/
LinkedIn: http://www.linkedin.com/company/dow-chemical
Instagram: http://instagram.com/dow_official
Cautionary Statement about Forward-Looking Statements
Certain statements in this report are "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements often address expected future business and financial performance, financial condition, and other matters, and often contain words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "may," "opportunity," "outlook," "plan," "project," "seek," "should," "strategy," "target," "will," "will be," "will continue," "will likely result," "would" and similar expressions, and variations or negatives of these words or phrases.
Forward-looking statements are based on current assumptions and expectations of future events that are subject to risks, uncertainties and other factors that are beyond Dow's control, which may cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements and speak only as of the date the statements were made. These factors include, but are not limited to: sales of Dow's products; Dow's expenses, future revenues and profitability; the continuing global and regional economic impacts of the coronavirus disease 2019 ("COVID-19") pandemic and other public health-related risks and events on Dow's business; any sanction, export restrictions, supply chain disruptions or increased economic uncertainty related to the ongoing conflict between Russia and Ukraine; capital requirements and need for and availability of financing; unexpected barriers in the development of technology, including with respect to Dow's contemplated capital and operating projects; Dow's ability to realize its commitment to carbon neutrality on the contemplated timeframe; size of the markets for Dow's products and services and ability to compete in such markets; failure to develop and market new products and optimally manage product life cycles; the rate and degree of market acceptance of Dow's products; significant litigation and environmental matters and related contingencies and unexpected expenses; the success of competing technologies that are or may become available; the ability to protect Dow's intellectual property in the United States and abroad; developments related to contemplated restructuring activities and proposed divestitures or acquisitions such as workforce reduction, manufacturing facility and/or asset closure and related exit and disposal activities, and the benefits and costs associated with each of the foregoing; fluctuations in energy and raw material prices; management of process safety and product stewardship; changes in relationships with Dow's significant customers and suppliers; changes in consumer preferences and demand; changes in laws and regulations, political conditions or industry development; global economic and capital markets conditions, such as inflation, market uncertainty, interest and currency exchange rates, and equity and commodity prices; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war including the ongoing conflict between Russia and Ukraine; weather events and natural disasters; disruptions in Dow's information technology networks and systems; and risks related to Dow's separation from DowDuPont Inc. such as Dow's obligation to indemnify DuPont de Nemours, Inc. and/or Corteva, Inc. for certain liabilities.
Where, in any forward-looking statement, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. A detailed discussion of principal risks and uncertainties which may cause actual results and events to differ materially from such forward-looking statements is included in the section titled "Risk Factors" contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2022. These are not the only risks and uncertainties that Dow faces. There may be other risks and uncertainties that Dow is unable to identify at this time or that Dow does not currently expect to have a material impact on its business. If any of those risks or uncertainties develops into an actual event, it could have a material adverse effect on Dow's business. Dow and TDCC assume no obligation to update or revise publicly any forward-looking statements whether because of new information, future events, or otherwise, except as required by securities and other applicable laws.
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SOURCE The Dow Chemical Company | https://www.kxii.com/prnewswire/2022/08/10/dow-declares-quarterly-dividend-70-cents-per-share/ | 2022-08-10T20:58:16Z |
AKRON, Ohio, Sept. 15, 2022 /PRNewswire/ -- Akron Children's Hospital has joined an elite group of U.S. hospitals that have been verified as a Level 1 Children's Surgery Center by the American College of Surgeons Children's Surgery Verification Quality Improvement Program (ACS CSV).
Akron Children's department of surgery earned the accomplishment after more than two years of work examining in detail its processes and procedures to ensure that each child's specific needs are met when surgery is necessary.
Akron Children's joins other top children's hospitals in achieving ACS CSV and is the only Northeast Ohio hospital to earn the designation.
"This shows that we deliver the best quality pediatric surgical care in Northeast Ohio," said Dr. Mark Wulkan, chair of the department of surgery at Akron Children's.
He added that the verification means both families and regional providers can have enhanced trust in the care Akron Children's provides.
"For parents, it gives them a level of comfort and calm when they have to bring their child in for something very stressful," he said. "They can be assured that we are operating at the highest level and their child will get the best care."
For providers, he said it means that when they refer patients to Akron Children's that they can trust that their patients will receive high quality patient- and family-centered care.
After the hospital's application was accepted, surveyors conducted a virtual site visit in June. The ACS team of surveyors consisted of experienced children's surgeons, anesthesiologists and nurses who reviewed the hospital's structure, processes and clinical outcomes data.
Akron Children's was notified Aug. 11 that it earned the recognition. According to the American College of Surgeons, Akron Children's met essential criteria for staffing, training and facility infrastructure and protocols for care. The hospital also participates in a national data registry that yields semiannual reports on the quality of its processes and outcomes, thus identifying opportunities for continuous quality improvement. The hospital will be evaluated every three years to maintain the verification.
About Akron Children's Hospital
Akron Children's Hospital has been caring for children since 1890, and our pediatric specialties are ranked among the nation's best by U.S. News & World Report. With two hospital campuses, regional health centers and more than 50 primary and specialty care locations throughout Ohio, we're making it easier for today's busy families to find the high-quality care they need. In 2021, our health care system provided more than 1.2 million patient encounters. We also operate neonatal and pediatric units in the hospitals of our regional health care partners. Every year, our Akron Children's Home Care nurses provide thousands of in-home visits, and our School Health nurses manage clinic visits for students from preschool through high school. With our Quick Care Online virtual visits and Akron Children's Anywhere app, we're here for families whenever and wherever they need us. Learn more at akronchildrens.org.
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SOURCE Akron Children's Hospital | https://www.wibw.com/prnewswire/2022/09/15/akron-childrens-earns-childrens-surgery-verification-american-college-surgeons/ | 2022-09-15T13:46:08Z |
- 40% growth in Equity Index ADV, driven by micro and E-mini contracts
- Record SOFR options and futures OI on July 29
CHICAGO, August 2, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its July 2022 market statistics, showing average daily volume (ADV) increased 20% to 20.4 million contracts during the month. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume.
July 2022 ADV across asset classes includes:
• Interest Rate ADV of 9 million contracts
• Equity Index ADV of 6.7 million contracts
• Options ADV of 3.6 million contracts
• Energy ADV of 1.9 million contracts
• Agricultural ADV of 1.3 million contracts
• Foreign Exchange ADV of 959,000 contracts
• Metals ADV of 553,000 contracts
Additional July 2022 product highlights compared to July 2021 include:
• Equity Index ADV increased 40%
° Micro E-mini S&P 500 futures ADV increased 81%
° Micro E-mini Nasdaq-100 futures ADV increased 61%
° E-mini S&P 500 options ADV increased 49%
° E-mini Nasdaq-100 options ADV increased 44%
° Micro E-mini Dow Jones futures ADV increased 34%
° E-mini Nasdaq-100 futures ADV increased 22%
• Foreign Exchange ADV increased 30%
° E-mini Euro FX futures ADV increased 81%
° Canadian Dollar futures ADV increased 17%
• Interest Rate ADV increased 16%
° Record SOFR options open interest (OI) of 8,735,423 contracts on July 29
° Record SOFR futures OI of 7,298,956 contracts on July 29
° 20 trading days when SOFR futures daily volume surpassed Eurodollar futures, with SOFR futures ADV in July equivalent to 139% of Eurodollar futures ADV in the same period
° 30-Day Fed Fund futures ADV increased 360%
° 5-Year U.S. Treasury Note options ADV increased 74%
° 2-Year U.S. Treasury Note futures ADV increased 64%
° 10-Year U.S. Treasury Note options ADV increased 22%
° 5-Year U.S. Treasury Note futures ADV increased 23%
• Options ADV increased 15%
° Equity Index options ADV increased 45%
° Metals options ADV increased 42%
° Agricultural options ADV increased 42%
° Foreign Exchange options ADV increased 7%
• Agricultural ADV increased 14%
° Chicago SRW Wheat options ADV increased 51%
° Corn options ADV increased 54%
° Soybean Oil options ADV increased 45%
° Soybean Meal options ADV increased 45%
° Soybean Meal futures ADV increased 26%
• Metals ADV increased 3%
° Gold options ADV increased 58%
° Copper options ADV increased 38%
° Cryptocurrency ADV increased 120%
° Ether futures ADV increased 137%
° Bitcoin futures ADV increased 72%
• Micro Products ADV
° Micro E-mini Equity Index futures and options ADV of 2.9 million contracts represented 43% of overall Equity Index ADV, Micro WTI Crude Oil futures accounted for 7% of overall Energy ADV, Micro Ether futures accounted for 0.4% of overall Equity Index ADV and Micro Bitcoin futures accounted for 0.2% of overall Equity Index ADV
• ADV outside the United States increased 15% to 5.6 million contracts, including 31% growth in APAC, 20% in Latin America and 9% in EMEA
• BrokerTec U.S. Repo average daily notional value (ADNV) increased 18% to $261B, European Repo ADNV increased 16% to €344.5B, and U.S. Treasury ADNV increased 15% to $121.6B
• EBS Spot FX ADNV increased 12% to $64.5B
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
CME-G
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SOURCE CME Group | https://www.kxii.com/prnewswire/2022/08/02/cme-group-reports-20-adv-growth-july-2022/ | 2022-08-02T11:48:51Z |
LONDON, Aug. 16, 2022 /PRNewswire/ -- Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), has successfully completed another external assurance review of its key agricultural and metals price assessments.
Professional services company BDO carried out the independent assurance review and found that, as of June 30, 2022, Fastmarkets' responses were in line with the Principles for Oil PRAs set out by the International Organization of Securities Commissions (IOSCO) in 2012. The IOSCO principles create an overarching framework for Benchmarks, articulating guidance and principles ensuring transparency and openness. The assurance review process examines a firm's governance and controls framework, policies and methodologies in scope to verify their adherence to the PRA Principles
As stated by the European Securities and Markets Authority (ESMA), this external assurance review is sufficient to demonstrate compliance with the audit requirements of the EU Benchmark Regulation (BMR) for commodity benchmarks (paragraph 18 of Annex II).
The price assessments reviewed include some administered by Fastmarkets Benchmark Administration Oy (FBA Oy), which was incorporated in Finland in December 2020 to administer all benchmarks that are in scope of the BMR.
"Providing our customers with dependable prices backed by reliable methodologies is at the heart of what we do." The completion of an external assurance review of our process demonstrates our commitment to providing reliable, impartial, representative and transparent benchmarks,'' said Fastmarkets CEO Raju Daswani.
This is the first year that Fastmarkets audited the following agricultural price assessments: soybean, distiller's corn oil, used cooking oil and bleachable fancy tallow.
To obtain a copy of the independent assurance reports and to view Fastmarkets' price methodology/specifications, click here.
ABOUT FASTMARKETS: Fastmarkets is the industry-leading price reporting agency (PRA) for global commodities, providing price data, news, analytics and events for the metals and mining, forest products, the energy transition and agriculture markets. Fastmarkets' data is critical for customers seeking to understand and predict dynamic, sometimes opaque markets, enabling trading and risk management. Fastmarkets is a global business with a 130-year history built on trust and deep market knowledge. Its team of more than 450 people are located in global locations including London, Helsinki, Boston, New York, Shanghai, Beijing, Singapore, Brussels and São Paulo. Fastmarkets is part of Euromoney Institutional Investor PLC (LSE: ERM), a listed company on the London Stock Exchange. Euromoney is a leading international business-to-business information group focused primarily on the global commodities, banking and asset management markets.
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SOURCE Fastmarkets | https://www.wibw.com/prnewswire/2022/08/16/fastmarkets-successfully-completes-iosco-assurance-review-metals-agricultural-prices/ | 2022-08-16T08:34:17Z |
NEW YORK, July 19, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Apyx Medical Corporation (NASDAQ: APYX) alleging that the Company violated federal securities laws.
Class Period: May 12, 2021 to March 11, 2022
Lead Plaintiff Deadline: August 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in APYX:
https://www.kleinstocklaw.com/pslra-1/apyx-medical-corporation-loss-submission-form-2?id=29925&from=4
CLASS ACTION CASE DETAILS: The filed complaint alleges that Apyx Medical Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; 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 THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Apyx you have until August 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Apyx securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the APYX lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/apyx-medical-corporation-loss-submission-form-2?id=29925&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.kxii.com/prnewswire/2022/07/19/apyx-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-5-2022-class-action-filed-behalf-apyx-medical-corporation-shareholders/ | 2022-07-19T10:35:48Z |
NEW YORK, July 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Okta, Inc. (NASDAQ: OKTA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/okta-inc-loss-submission-form/?id=29411&from=4
The lawsuit seeks to recover losses for shareholders who purchased Okta between March 5, 2021 and March 22, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 19, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Okta, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Okta had inadequate cybersecurity controls; (ii) as a result, Okta's systems were vulnerable to data breaches; (iii) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (iv) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (v) all the foregoing, once revealed, was likely to have a material negative impact on Okta's business, financial condition, and reputation; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/07/01/okta-shareholder-alert-jakubowitz-law-reminds-okta-shareholders-lead-plaintiff-deadline-july-19-2022/ | 2022-07-01T10:17:17Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR).
To receive updates on the lawsuit, fill out the form:
The lawsuit seeks to recover losses for shareholders who purchased Innovative Industrial Properties between May 7, 2020 and April 13, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 24, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Innovative Industrial Properties, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Innovative Industrial Properties' focus is to be a cannabis company lender rather than a REIT; (2) that the true values of the Company's properties are significantly lower than Innovative Industrial Properties represents; (3) there are existential issues in its top customers; (4) as a result, its top customers may not be able to continue making payments to Innovative Industrial Properties and the Company would face significant issues replacing these customers; and (5) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/06/10/iipr-shareholder-alert-jakubowitz-law-reminds-innovative-industrial-properties-shareholders-lead-plaintiff-deadline-june-24-2022/ | 2022-06-10T11:09:00Z |
─ The Reusies: "The Oscars of the Reuse Movement" celebrates heroes championing a world without waste
NEW YORK, June 15, 2022 /PRNewswire/ -- Upstream, a non-profit sparking innovative solutions to plastic pollution, today announced the finalists of the Second Annual Reuse Awards, The Reusies® 2022. The Reusies is a groundbreaking awards program honoring changemakers developing a better way than throw-away, advancing systemic change and co-creating a world where we can get what we need and want without all the waste. In 2021, the inaugural Reusies received nominations and submissions from over 1,200 leading startups, environmental activists and community leaders in the United States that are growing the reuse movement. This year, with the growing momentum behind reuse, The Reusies is expanding upon that reach and furthering their mission of celebrating the heroes of the reuse movement across the United States and Canada.
The second annual Reusies awards ceremony will be livestreamed on September 29, 2022 and presented in partnership with circular economy-focused investment firm and innovation center, Closed Loop Partners.
"The 2022 Reusies continues the momentum and excitement from last year's event and will celebrate the pioneers and innovators of the new reuse economy," said Matt Prindiville, CEO and Chief Solutioneer at Upstream. "Our goal is to highlight the individuals and organizations who recognize the urgency of the moment, and are working on the systemic changes we need to drastically reduce plastic pollution not in five or ten years, but right now."
Honors to be awarded during the show include Most innovative Reuse Company, Corporate Initiative of the Year, Activist of the Year, and Reuse Community of the Year. Free tickets and VIP passes are available now at www.TheReusies.org. The final winners will be announced during the show.
"We face an urgent and growing global waste challenge," said Bridget Croke, Managing Director at Closed Loop Partners. "We are proud to partner with Upstream on the annual Reusies to drive forward the reuse trailblazers and incredible ecosystem of innovators paving the way to a waste-free future. This is critical to our work to research, test and scale solutions that keep valuable materials in play and accelerate the transition to a circular economy."
Upstream and Closed Loop Partners received hundreds of nominations from across the U.S. and Canada and the top finalists – selected by committees composed of The Reusies partners, experts and thought leaders across the industry – are all great examples of organizations and individuals who are advancing reuse from within their local communities to the biggest brands in the world .
The finalists for Most Innovative Reuse Company – expanded to four categories this year considering the exponential growth of the reuse movement since 2021 – are:
- Food & Beverage: Dispatch Goods, Just Salad, r.Cup
- Consumer Packaged Goods: Algramo, GOATOTE, Returnity
- Fashion & Apparel: Fabscrap, Poshmark, Thrilling
- Enabling Technologies: Fill it Forward, Topanga.io, The Rounds
The finalists for the remaining three categories are:
- Corporate Initiative of the Year: Coca-Cola, Kroger/Loop, PepsiCo/SodaStream
- Reuse Community of the Year: Human-I-T, ReThink Disposable, The Ecology Center
- Activist of the Year: Alejandra Warren, Jacqueline Omania, Yayoi Koizumi
Similar to last year, award winners will be selected by a combined panel of judges and public voting. Judges include:
- Cam Pascual, Senior Program Officer, Plastic and Waste, World Wildlife Fund
- Chris Dickerson, former MLB player/Co-Founder, Players for the Planet
- Doreen Wong, Entrepreneurship Lead, Sustainable Ocean Alliance
- Dr. Manasa Mantravadi, Pediatrician, Founder/CEO at AHIMSA®
- Michelle Tulac, Senior Project Manager - North America at the Ellen MacArthur Foundation
- Suz Okie, Director of Design Strategy & Senior Analyst, Circular Economy at GreenBiz Group
- Poonam Watine, Knowledge Specialist, World Economic Forum
- William McDonough, Chief Executive, McDonough Innovation and Co-author, Cradle to Cradle: Remaking The Way We Make Things
The event will be broadcast on September 29, 2022 at 4:00 PM PT / 7:00 PM ET and will include profiles on the finalists, award presentations and special guest appearances.
General admission is free and opens today at www.TheReusies.org. All ticketholders are automatically entered to win a Gibson Hummingbird Guitar valued at $3,999 and generously donated by Gibson Gives.
VIP group packages, which include a virtual watch party in a branded suite (10 screens), opportunity to host an in-person watch party (1 screen) with inclusion in the live broadcast and other perks are available for purchase ($2,500 for an individual host, $3,000 for a corporate host). Individual VIP tickets are also available at $250 each. Category-exclusive sponsorship, advertising opportunities and brand integrations are also available. For more information, email TheReusies@upstreamsolutions.org. For press inquiries, contact press@upstreamsolutions.org; social: #TheReusies @Upstream_org @LoopFund.
Promotional partners of The Reusies 2022 include:
- AHIMSA®
- Ellen MacArthur Foundation
- GreenBiz Group
- McDonough Innovation
- Oceanic Global
- Ocean Plastic Leadership Network
- Sustainable Ocean Alliance
- Uplink
- World Economic Forum (WEF)/Global Plastic Action Partnership
- World Wildlife Fund (WWF)
Upstream is an environmental non-profit sparking innovative solutions to plastic pollution by helping people, businesses and communities shift from single-use to reuse. The organization's second annual National Reuse Awards (aka The Reusies), will take place virtually on September 29, 2022. To learn more about all Upstream programs, visit www.upstreamsolutions.org and follow on Instagram, Facebook, Twitter, LinkedIn, YouTube.
Closed Loop Partners is a New York-based investment firm comprised of venture capital, growth equity, private equity and catalytic capital, as well as an innovation center focused on building the circular economy. Investments align capitalism with positive social and environmental impact by reducing waste and greenhouse gas emissions via materials innovation, advanced recycling technologies, supply chain optimization and landfill diversion. Learn more at closedlooppartners.com.
Media Contact:
press@upstreamsolutions.org
Social: #TheReusies @Upstream_org @LoopFund
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SOURCE Upstream | https://www.kxii.com/prnewswire/2022/06/15/upstream-closed-loop-partners-announce-finalists-reusies-2022-making-throw-away-go-away/ | 2022-06-15T16:19:18Z |
ALIQUIPPA, Pa., July 5, 2022 /PRNewswire/ -- Southern Pines Trucking, www.spinestrucking.com, a leader in the specialized and cryogenic transportation industries, announces the addition of Darren Coast to their leadership team as President, Cryogenic Division. Southern Pines' Cryogenic Division provides cryogenic gas transportation services to numerous industries including steel, healthcare, aerospace, food and beverage, chemicals/refining and electronics. As President of the Cryogenic Division, Coast will grow the tanker fleet and further diversify Southern Pines' customer base while maintaining the company's high standards of safety, service and quality relationships.
"My top priority is our drivers. I understand the daily challenges they face and the high demand that exists for their services. Our highly skilled drivers are the reason we're able to provide such safe and reliable service to our customers. I'm here to help them and add to our growing team of professional drivers," said Coast.
Prior to joining Southern Pines, Coast served as the Chief Financial Officer of PGT Trucking, Inc., an affiliate of Southern Pines, and held several key leadership positions at PGT for more than 20 years. He earned his Bachelor of Arts in Business Administration from Westminster College and has over 27 years of experience in the transportation and logistics industries. He is a member of the American Trucking Association, the Truckload Carriers Association, and National Tank Truck Carriers. Coast brings his extensive knowledge and background across multiple disciplines to Southern Pines.
"Darren has held many different positions during his tenure at PGT, and we are always looking to provide opportunities for career development and advancement to our employees," said Pat Gallagher, Southern Pines Trucking Chief Executive Officer. "Darren is a great fit to lead the Cryogenic Division, and I look forward to seeing Southern Pines grow and succeed under his direction."
Southern Pines Trucking is a multi-service transportation firm offering cryogenic tanker and heavy haul services in the continental U.S. and parts of Canada. With more than 20 years' experience in the specialized transportation industry, Southern Pines is equipped to handle any unique shipment needs. Southern Pines provides safe, reliable transportation services, builds quality relationships and offers a challenging and rewarding work environment. For more information, visit www.spinestrucking.com.
Contact: Katie Irvine, PGT Trucking
Phone: 724.987.1812 Email: kirvine@pgttrucking.com
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SOURCE Southern Pines Trucking | https://www.kxii.com/prnewswire/2022/07/05/darren-coast-joins-southern-pines-trucking-president-cryogenic-division/ | 2022-07-05T17:39:21Z |
Markets tumble worldwide, bear market nears on Wall Street
NEW YORK (AP) — Wall Street is tumbling even more Monday, sending the S&P 500 down more than 20% from its record, amid fears that a recession is more likely given how unshakeable inflation has become.
The S&P 500 was 2.7% lower in the first trading after investors had the weekend to reflect about a stunning report that showed inflation is getting worse, not better as some had hoped. The Dow Jones Industrial Average was down 625 points, or 2%, at 30,767, as of 9:40 a.m. Eastern time, and the Nasdaq composite was 3% lower.
The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control. Its main way to do that is to raise interest rates in order to slow the overall economy, a blunt tool that carries the risk of causing a recession if used too aggressively.
Speculation is building that the Fed later this week may raise its key short-term interest rate by three-quarters of a percentage point. That’s triple the usual amount and something the Fed hasn’t done since 1994. Traders now see a 42% probability of such a mega-hike, up from just 3% a week ago, according to CME Group.
No one thinks the Fed will stop there, with markets bracing for a continued series of bigger-than-usual hikes. Those would come on top of some already discouraging signals about the economy and corporate profits, including a record-low preliminary reading on consumer sentiment that was soured by high gasoline prices.
It’s all a whiplash turnaround from earlier in the pandemic, when central banks worldwide slashed rates to record lows and made other moves that propped up prices for stocks in hopes of juicing the economy.
Such expectations are also sending U.S. bond yields to their highest levels in years. The two-year Treasury yield shot to 3.20% from 3.06% late Friday, its second straight major move higher. It’s more than quadrupled this year and touched its highest level since 2008.
The 10-year yield jumped to 3.27% from 3.15%, and the higher level will make mortgages and many other kinds of loans for households and for businesses more expensive.
The gap between the two-year and 10-year yields is also narrowing, a signal of increased pessimism in the bond market. If the two-year yield tops the 10-year yield, some investors see it as a sign of a looming recession.
The pain was worldwide as investors braced for more aggressive moves from a coterie of central banks.
In Asia, indexes fell at least 3% in Seoul, Tokyo and Hong Kong. Stocks there were also hurt by worries about COVID-19 infections in China, which could push authorities to resume tough, business-slowing restrictions.
In Europe, Germany’s DAX lost 2.2%, and the French CAC 40 fell 2.3%. The FTSE 100 in London dropped 1.3%.
Some of the biggest hits came for cryptocurrencies, which soared early in the pandemic when record-low interest rates encouraged investors to bid up the riskiest investments. Bitcoin tumbled more than 14% and dropped below $23,400, according to Coindesk. It’s back to where it was in late 2020 and down from a peak of $68,990 late last year.
On Wall Street, the S&P 500 was 20.9% below its record set early this year. If it finishes the day more than 20% that high, it would officially enter what investors call a bear market.
The last bear market wasn’t that long ago, in 2020, but it was an unusually short one that lasted only about a month.
This would also be the first bear market for many novice investors who got into stock trading for the first time after the pandemic, a period when stocks largely seemed to go only up. That is, they did until inflation showed that it was worse than just a “transitory” problem as initially portrayed.
___
AP Business Writer Elaine Kurtenbach contributed.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/13/stocks-slump-wall-street-moving-closer-bear-market/ | 2022-06-13T14:29:41Z |
WASHINGTON, May 30, 2022 /PRNewswire/ -- Following is a statement from Jen Judson, President of the National Press Club and Gil Klein, President of the National Press Club Journalism Institute on the death of French Journalist Frederic Leclerc-Imhoff, who was working in Ukraine.
"Our hearts are broken for the family and colleagues of Fredric Leclerc-Imhoff, who became the 14th journalist killed in Ukraine. According to reports, Fredric was killed when he was struck in the neck by shrapnel from a Russian artillery round. At the time he was riding in an armored vehicle following a bus carrying refugees from the Severodonetsk region. Fredric was on his second trip covering the war in Ukraine. He worked for BFMT, one of France's most watched news channels, where he had been employed about 6 years. He was 32. There must be a full accounting and accountability for his tragic death."
Founded in 1908, The National Press Club is the world's leading professional organization for journalists. The Club has 3,00 members representing nearly every major news organization and is a leading voice for press freedom in the United States and worldwide.
The National Press Club Journalism Institute promotes an engaged, global citizenry through an independent and free press and equips journalists with skills and standards to inform the public in ways that inspire civic engagement.
Contact: Bill McCarren, 202-662-7534 for The National Press Club
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SOURCE National Press Club | https://www.wibw.com/prnewswire/2022/05/31/national-press-club-statement-death-french-journalist-ukraine/ | 2022-05-31T03:07:43Z |
Accreditation recognizes company's commitment to quality, operational excellence and customer satisfaction
CHARLOTTE, N.C., Aug. 23, 2022 /PRNewswire/ -- GPS Air (GPS®), a leader in indoor air quality, today announced that it has earned ISO 9001:2015 certification after undergoing and passing an intensive third-party audit of the organization's policies, processes and overall commitment to quality, operational excellence and customer satisfaction.
ISO 9001:2015 certification is earned by validating the implementation of a quality management system (QMS) that ensures products and services consistently meet customer and applicable statutory and regulatory requirements, improve customer satisfaction and conform to specified requirements for quality assurance.
"Earning ISO 9001:2015 certification is certainly gratifying and an important milestone for our organization, further underscoring our commitment to quality and earning our customers' trust and business each day with every interaction, big and small," said Glenn Brinckman, chief executive officer. "The ISO certification process takes GPS to the next level, providing our teams with Quality Management System and supporting processes that hold us each accountable and focused on continuous improvement."
ISO, the International Organization for Standardization, is an independent, non-governmental organization that develops voluntary, consensus-based, market-relevant international standards that support innovation and provide solutions to global challenges. GPS' ISO 9001:2015 certification was issued by Audit3, based near Greenville, South Carolina.
Since its founding in 2008, GPS' NBPI™ technology has been installed in thousands of locations including research labs, healthcare facilities, schools, universities and airports. NPBI uses a unique and patented low energy, soft ionization technology application that works in concert with HVAC systems as part of a multi-layered approach to help reduce airborne particles and improve indoor air quality. GPS is headquartered in Charlotte, North Carolina. To learn more, visit www.gpsair.com.
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SOURCE GPS Air | https://www.kxii.com/prnewswire/2022/08/23/gps-air-earns-iso-90012015-certification/ | 2022-08-23T13:45:35Z |
WYNYARD, United Kingdom, July 11, 2022 /PRNewswire/ -- Venator Materials PLC (NYSE: VNTR) ("Venator") will hold a conference call to discuss its second quarter 2022 financial results on Tuesday, July 26, 2022, at 08:00 a.m. ET. Results will be released to the public before the market opens that day via PR Newswire.
In order to facilitate the registration process, you may use the following link to pre-register for the conference call. Callers who pre-register will be given a unique PIN and separate call-in number to gain immediate access to the call and bypass the live operator. To pre-register, please go to:
https://dpregister.com/sreg/10167799/f31c493dbc
Webcast Information
The conference call and an accompanying presentation will be available via live webcast and can be accessed from the company's website at www.venatorcorp.com/investor-relations. Participants are encouraged to dial into the call or link to the webcast at least fifteen minutes prior to the scheduled start time.
Replay Information
The conference call will be available for replay beginning July 26, 2022 and ending August 3, 2022.
About Venator
Venator is a global manufacturer and marketer of chemical products that comprise a broad range of pigments and additives that bring color and vibrancy to buildings, protect and extend product life, and reduce energy consumption. We market our products globally to a diversified group of industrial customers through two segments: Titanium Dioxide, which consists of our TiO2 business, and Performance Additives, which consists of our functional additives, color pigments and timber treatment businesses. Based in Wynyard, U.K., Venator employs approximately 3,500 associates and sells its products in more than 110 countries.
Social Media:
Twitter: www.twitter.com/VenatorCorp
Facebook: www.facebook.com/venatorcorp
LinkedIn: www.linkedin.com/company/venator-corp
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SOURCE Venator Materials PLC | https://www.kxii.com/prnewswire/2022/07/11/venator-discuss-second-quarter-2022-results-july-26-2022/ | 2022-07-11T10:47:25Z |
LOS ANGELES, Aug. 2, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Digital Turbine, Inc. ("Digital Turbine" or the "Company") (NASDAQ: APPS).
Class Period: February 26, 2021 – May 31, 2022
Lead Plaintiff Deadline: August 5, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the Company's recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) that, 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) that the Company's internal control over financial reporting as to revenue recognition was deficient; and (4) that, as a result of the foregoing, the Company's net revenues was overstated throughout fiscal 2022; and (5) that, 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.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.wibw.com/prnewswire/2022/08/02/apps-investors-have-opportunity-lead-digital-turbine-inc-securities-fraud-lawsuit/ | 2022-08-02T18:27:37Z |
CHICAGO, Aug. 17, 2022 /PRNewswire/ -- Thermosystems LLC, a commercial heating, ventilation and air-conditioning (HVAC) manufacturers' representative serving Chicago, northwest Indiana, and central and southern Illinois, today announced it has appointed Mike Murray as President. Murray, who has been with the firm for more than 10 years as a leading sales engineer, is replacing John Dolan, one of the company's co-founders, who is retiring after 22 years of service.
"This is an exciting time to lead Thermosystems," Murray said. "In 2019, Daikin Applied invested in the firm, which helped advance our sales and service capabilities. We also just had a record year in all three of our divisions — Applied Equipment Sales, Building Systems Solutions and Service. Thanks to John's leadership, and the hard work and accomplishments of the entire organization, we have a solid foundation for years of additional growth."
As President, Murray is responsible for setting and implementing the company's strategic vision. His leadership team includes Vice President of Sales Paul Pasternock, another Thermosystems co-founder; Pasternock will continue to direct the Applied Equipment Sales division. In addition, Vice President of Operations Ryan Kelly will oversee the Building Systems Solutions division and manage interdepartmental operations.
Tracy Dorman and Nina Campos will continue to lead the Service division and accounting group, respectively. Together, the leadership team has more than 75 years of experience with Thermosystems and 150 years of experience in the HVAC industry.
"We've seen tremendous growth over the past 22 years," said outgoing President Dolan. "With Mike and the rest of the executive team, Thermosystems is positioned for continued success."
Murray earned a bachelor's degree in industrial engineering from Purdue University, and an MBA in corporate finance and real estate from New York University's Stern School of Business.
Thermosystems, part of the Daikin Group, provides expert design and implementation of commercial HVAC products. The company supports contractors, consulting engineers, architects and business owners, helping them select the right systems to solve complex problems and achieve project goals. Thermosystems offers the industry's best commercial heating and cooling equipment, systems and solutions — from Daikin Applied and other top-tier manufacturers — with a particular focus on sustainable HVAC technology for green buildings.
About Thermosystems
Founded in 2000, Thermosystems provides HVAC customers with expertise in the design, application and service of commercial HVAC solutions. Serving Chicago, northwest Indiana, and central and southern Illinois, the firm's team of degreed engineers, LEED-certified experts and factory-trained technicians help customers achieve efficiency, energy savings and project goals.
The 24,000-square-foot headquarters in Elmhurst, Ill., features office and warehouse space, a parts showroom, and a large conference and training facility. Thermosystems also has offices in Peoria, Ill., and the West Loop in downtown Chicago, and a second warehouse location in Elgin, Ill. Thermosystems is the authorized service provider for Daikin Applied and has represented Daikin for 22 years. For more information, visit www.thermohvac.com.
About Daikin Applied Americas
Daikin Applied, a member of Daikin Industries, Ltd., designs and manufactures advanced commercial and industrial HVAC systems for customers around the world. The company's technology and services play a vital role in creating comfortable, efficient and sustainable spaces to work and live — and in delivering quality air to workers, tenants and building owners. Daikin Applied solutions are sold through a global network of dedicated sales, service and parts offices. For more information or to locate a Daikin Applied representative, visit www.daikinapplied.com or call 800-432-1342.
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SOURCE Daikin Applied | https://www.wibw.com/prnewswire/2022/08/17/thermosystems-names-mike-murray-president/ | 2022-08-17T16:49:01Z |
AVAILABLE TO PRE-ORDER TODAY
LOS ANGELES, July 29, 2022 /PRNewswire/ -- Today, UMe announces the release of EP3 featuring four brand new tracks from Ringo Starr, to be released on September 16, 2022, pre-order HERE. These four new tracks were all recorded at Starr's Roccabella West studio just as he did for his Change The World and Zoom In EPs, featuring longtime collaborators Steve Lukather, Linda Perry, Dave Koz, José Antonio Rodriguez, and Bruce Sugar. Ringo's instantly recognizable vocals, feel-good lyrics, easy-breezy melodies, and frequent and new collaborators created songs that span the spectrum of pop, country, reggae and rock and roll. EP3 will be available September 16th digitally and on CD, and on 10" vinyl and as a limited edition translucent royal blue cassette on November 18, 2022.
"I am in my studio writing and recording every chance I get. It's what I have always done and will continue to do, and releasing EPs more frequently allows me to continue to be creative and give each song a little more love." - RINGO
- World Go Round
- Everyone and Everything
- Let's Be Friends
- Free Your Soul (feat. Dave Koz and José Antonio Rodriguez)
The upbeat rocker "World Go Round," written by Steve Lukather and Joseph Williams, continues to spread Ringo's positive message of hope and togetherness. The track features Ringo on vocals, drums, and percussion, Steve Lukather on guitar, Joseph Williams on keyboards, with background vocals provided by Joseph Willams, Billy Valentine, Zelma Davis and Maiya Sykes.
Written by Linda Perry, "Everyone and Everything" captures the classic Ringo Starr sound and features Ringo on vocals, drums and percussion along with Linda Perry on guitar and percussion. Billy Mohler lays down bass and guitar, Damon Fox provides melotron, piano and wurly, with all background vocals by Linda Perry, Billy Valentine, Zelma Davis and Maiya Sykes.
Featuring an infectious dance groove, "Let's Be Friends" was written by Ringo's longtime engineer Bruce Sugar along with Sam Hollander, with Ringo Starr handling vocal and drum duties, Nathan East on bass, Steve Lukather playing guitar, Bruce Sugar on keyboards, percussion and horn arrangement, handclaps and percussion by Sam Hollander, and Billy Valentine, Zelma Davis and Maiya Sykes on background vocals.
Written by Ringo Starr and Bruce Sugar, the soothing, rhythmic sound of "Free Your Soul" transports the listener to an island beach on a clear warm night under a full moon. With Ringo on vocals, drums and handclaps, the song also features Dave Koz on tenor sax and José Antonio Rodriguez on nylon guitar, Nathan East on bass, Bruce Sugar on keyboards, percussion and horn arrangement, and Billy Valentine, Zelma Davis and Maiya Sykes providing backing vocals.
Follow Ringo:
YouTube
Twitter
Facebook
Instagram
TikTok
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SOURCE Universal Music Enterprises | https://www.mysuncoast.com/prnewswire/2022/07/29/ringo-starr-releases-ep3-featuring-4-new-tracks/ | 2022-07-29T14:30:49Z |
ATLANTA, June 6, 2022 /PRNewswire/ -- The American Transportation Research Institute (ATRI) today launched a follow-up online survey seeking user perspectives from truck drivers related to the real-time parking information system that was installed in eight Midwest states in 2019.
This follow-up survey is specifically intended to collect preference information from truck drivers who have used the MAASTO Truck Parking Information Management System (TPIMS). Drivers who operate anywhere in the Midwest states are encouraged to participate.
Responses to this survey will help the 10 state DOTs**, who compose the Mid America Association of State Transportation Officials (MAASTO) coalition, continue to use this regional system to best coordinate real-time truck parking information for most major corridors in the Midwest.
Truck drivers operating in the Midwest are encouraged to complete the brief confidential online truck parking survey by Friday, June 24, 2022 available online here.
**Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Ohio, and Wisconsin
ATRI is the trucking industry's 501(c)(3) not-for-profit research organization. It is engaged in critical research relating to freight transportation's essential role in maintaining a safe, secure and efficient transportation system.
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SOURCE American Transportation Research Institute | https://www.kxii.com/prnewswire/2022/06/06/atri-seeks-input-commercial-drivers-operating-midwest-states/ | 2022-06-06T17:24:47Z |
Exchange Manager ProSM, a patented 1031 exchange workflow SaaS offering, developed by Accruit Technologies automates the process for servicing 1031 exchange increasing efficiencies for Qualified Intermediaries.
DENVER, Aug. 30, 2022 /PRNewswire/ -- Atlanta Deferred Exchange (ADE), a Qualified Intermediary based out of Marietta, Georgia implemented Exchange Manager ProSM in January 2022. Having created over 700 exchanges year-to-date, they are already experiencing a 35% reduction in processing time.
Ron Raitz, Chief Executive Officer of ADE, and fellow member of the Federation of Exchange Accommodators (FEA), was looking for a more efficient way for their counselors to facilitate 1031 exchange services. His decision to implement Accruit Technologies' Exchange Manager ProSM was 3-fold: the solution had to improve the internal counselor experience, increase the ADE customer experience, and be a self-contained depository for all exchange information and documentation. "It has not only met but also exceeded our expectations. Choosing Exchange Manager ProSM has been a great decision," said Ron.
ADE finds the internal reporting system within Exchange Manager ProSM very easy to navigate, with all of the information they need to reconcile internal operations in one place. The automated workflow is helping them become more proactive and less reactive as they continue to see 1031 exchange volumes increase throughout 2022.
ADE's 1031 Exchange Counselor, Shaan Hawkins, said that Exchange Manager ProSM streamlines the process for servicing 1031 exchanges; the software is easy to navigate and when a unique need arises, the Exchange Manager ProSM technology team has been quick to respond and find the right resolution. "With Exchange Manager ProSM we replaced our client database, file storage, and electronic signature applications and it's positively impacting our bottom line, "says Shaan.
"We are fortunate to work with Ron and the Atlanta Deferred Exchange team. As one of our first, large-scale Qualified Intermediaries to implement Exchange Manager ProSM, ADE's feedback sparked additional features that we are proud to offer in our current out-of-the-box 1031 exchange software solution," stated Brent Abrahm, CEO of Accruit Technologies.
Exchange Manager ProSM developed by Accruit Technologies LCC is a proprietary, online software application that makes administering 1031 exchanges safe, secure, and simple. Exchange Manager ProSM was designed to automate routine functions of Qualified Intermediaries including: online client onboarding, document creation and distribution, and automatic deadline reminders and notifications.
www.exchangemanagerpro.com
Atlanta Deferred Exchange is a full-service 1031 expert helping real estate investors maximize the benefit of their exchange transactions Through years of experience, they offer clients and their allied professionals a complete toolbox of choices and strategic solutions. Their goal is to always exceed their client's expectations, both in innovation and service.
www.ade1031.com
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SOURCE Accruit Technologies LLC | https://www.kxii.com/prnewswire/2022/08/30/atlanta-deferred-exchange-implements-exchange-manager-prosm-1031-exchange-software-it-is-exceeding-expectations/ | 2022-08-30T16:22:01Z |
Board Appointment Follows $38 US Million Funding Round Led by Navis
RESEARCH TRIANGLE PARK, N.C., Aug. 11, 2022 /PRNewswire/ -- Eton Solutions, developer of the cloud-based AtlasFive® technology platform for the family office of the future, today announced the appointment of Rajendra Pai, partner at Navis Capital Partners, to its board of directors. Navis, an Asian-based private equity firm, recently led a $38 million Series C funding round in Eton solutions.
Pai has extensive investment and portfolio management experience, both in Asia and the US, across industry sectors such as technology, food, consumer, infrastructure, financial services, logistics, and healthcare. Before joining Navis, Pai served as CEO & Managing Director of New Hope Investment Holding, setting up the group's Asia investment office. Previously he was Head of Strategic Investments for ITOCHU Corporation, where he was tasked with developing and deploying the company's investment strategy in Southeast Asia, West Asia, and cross-border China.
Eton Solutions, a leading software and services company dedicated to solving the complex challenges of family offices and managing the wealth of ultra-high-net-worth families, recently established an international office in Singapore, the fast-growing epicenter of the family office industry in Asia. Over 400 family offices, large and small, have been established in Singapore in the past five years. Eton Solutions plans to expand its global presence by leveraging the market momentum in Singapore and continue to build upon its current roster of international clients.
"Rajendra's deep knowledge of global markets, particularly Asia, and his expertise in nurturing high-growth businesses will be invaluable to Eton as we continue to enhance the AtlasFive® platform while expanding our business globally to meet the needs of single and multi-family offices, their clients, and institutions where the AtlasFive platform can be used as a white-labeled engine to drive their growth," said Satyen Patel, Executive Chairman of Eton Solutions. "We're thrilled to have Rajendra on our board."
Eton Solutions plans to leverage Navis's international experience to further develop the AtlasFive® platform for its international clients. Previously this year, Eton Solutions launched its next-generation Client Portal and Mobile Application, giving family members unparalleled insight into their true net worth and financial activities in near real-time. Eton Solutions has also launched a standard "out-of-the-box" configuration of AtlasFive®, which boasts impressive functionality and a seamless 90-day implementation time from the signing of the contract to business as usual. Eton Solutions started rolling this out to clients earlier this year.
An ERP system for family offices, AtlasFive®, was purpose-built to deliver unmatched process efficiency, data accuracy, and risk reduction for ultra-high-net-worth family wealth management. It is the only truly integrated, all-in-one technology platform that seamlessly connects all data, services, and stakeholders within single and multi-family offices, eliminating the need for disconnected point solutions, repetitive data entry, and spreadsheets to reconcile, consolidate, and aggregate data. Family office clients now have easy, secure, and privacy-protected mobile access, visibility, and approvals of family office activities and information, including day-to-day net worth information via the AtlasFive® client portal and mobile app.
Eton Solutions is a software and services company founded to handle the complexities of servicing ultra-high-net-worth families. Created by family office leaders, Eton Solutions' flagship product is AtlasFive®, an integrated platform with over $425 billion in assets under administration that holistically aggregates and manages all your office's data, reporting, and workflow processes. With one source of truth, Eton Solutions leads family offices into the future by maximizing efficiency and minimizing errors and risk. To learn more about Eton Solutions and to request a demo of AtlasFive®, please visit https://eton-solutions.com/.
Media Contact:
Kevin Sugarman
ksugarman@globalfluency.com
408-677-5300 x 118
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SOURCE Eton Solutions | https://www.wibw.com/prnewswire/2022/08/11/eton-solutions-names-rajendra-pai-navis-capital-partners-its-board-directors/ | 2022-08-11T12:19:37Z |
MENLO PARK, Calif., Aug. 2, 2022 /PRNewswire/ -- Robert Half International Inc. (NYSE: RHI) today announced that its board of directors has approved a quarterly cash dividend of $0.43 per share. The cash dividend will be paid on Sept. 15, 2022, to all shareholders of record as of Aug. 25, 2022.
Founded in 1948, Robert Half is the world's first and largest specialized talent solutions and business consulting firm that connects opportunities at great companies with highly skilled job seekers. The company offers contract and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, administrative and customer support roles.
Named to FORTUNE's World's Most Admired Companies®, the Bloomberg Gender-Equality Index and Forbes' list of America's Best Employers for Diversity, Robert Half is the parent company of Protiviti, a global consulting firm that provides internal audit, risk, business and technology consulting solutions.
Robert Half has talent solutions and consulting operations in more than 400 locations worldwide.
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SOURCE Robert Half | https://www.kxii.com/prnewswire/2022/08/02/robert-half-announces-quarterly-dividend/ | 2022-08-02T21:03:25Z |
CHICAGO, May 16, 2022 /PRNewswire/ -- SUEZ has just launched its latest Advanced™ solutions innovation: AssetAdvanced™. By deploying this decision-support platform, water service and sanitation managers are not only able to expand their knowledge of current assets, but also reduce risks and cost overruns from infrastructure failures as well as making informed decisions on future investments.
AssetAdvanced™ is compatible with all types of urban services. The latter includes public lighting, light signaling, urban development and urban heating and cooling networks.
A key component in the decision-making process, the maintenance and replacement of assets within local communities often represents as much as one third of investments. Expected* investments may be reduced by 30% based on insights provided by the Asset Advanced™ planning solution.
The AssetAdvanced™ process:
1. Collate available asset data (sensors, inspections, operational data from the geographic information system (GIS), etc.) into a single analysis, simulation, and visualization platform.
2. Implement a multi-purpose and multi-criteria solution to develop scenarios reviewing the current and future state of assets, which in turn identify failure risks, and potential impacts on service.
3. Based on data interpretation, recommend inspection and replacement plans that are repurposed to meet the relevant priorities. As such, the solution aims to make assets last longer (networks and plants), in addition to reducing environmental impact and ensuring continuity and service quality for users.
"Safe and reliable water and wastewater infrastructure is critical to our economy, communities, and day-to-day lives. The need for investment in water infrastructure, both for replacement and modernization, is growing, so SUEZ is excited to bring AssetAdvanced™ to North American utilities based on longstanding operational, technical, and digital experience. With an integration and outcome-focused approach, AssetAdvanced delivers measurable value to utilities in their near- and long-term asset planning." – Travis Wagner, President, SUEZ Smart & Environmental Solutions North America.
To know more about this solution, join the free webinar organized on May, 19th by the Water Finance & Management magazine and visit us at the SWAN conference organized in Washington on May, 26th.
Also learn more at: www.suez.com/en/asset-advanced
*Data from studies conducted in 2019-2020 versus a manual planning method
Press contacts:
Jennifer Steffens
(443) 827-1916
jennifer.steffens@suez.com
SUEZ is a major player in environmental services. For almost 160 years, SUEZ has supported local communities and industrial companies in the management of essential services such as water, waste, and air quality. As such, SUEZ produces drinking water for 66 million people worldwide, recovers 2 million tons of secondary raw materials per year, and generates 3.1 TWh of renewable energy from waste. In our ongoing management of the ecological transition and climate change challenges, SUEZ relies on the expertise and commitment of its 35,000 employees (particularly in France, Italy, Central Europe, Africa, Asia, and Australia) to offer high value-added and customized environmental solutions to all its customers. SUEZ's expertise allows, for instance, its customers to avoid the emission of 4.2 million tons of CO2, thus improving their carbon footprint and their impact on climate. With a turnover of over 7,5 billion euros in 2021 and backed by its expertise and capacity to innovate, SUEZ has strong growth prospects. SUEZ relies on a solid consortium of investors made up of Meridiam and GIP – with 40% stakes each - and the Caisse des Dépôts et Consignations Group with a 20% stake in the capital, including 8% held by CNP Assurances, to pursue its strategic development plans in France and internationally.
Find out more about the SUEZ Group on the website & on social media
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SOURCE SUEZ | https://www.wibw.com/prnewswire/2022/05/16/launch-assetadvanced-decision-support-solution-deliver-smart-sustainable-planning-water-sanitation-infrastructure-investments/ | 2022-05-16T20:52:13Z |
NEW YORK, May 12, 2022 /PRNewswire/ -- Squarespace, Inc. (NYSE: SQSP), the all-in-one website building and ecommerce platform, today announced results for the first quarter ended March 31, 2022.
"Our Q1 results mark another strong quarter of growth," said Anthony Casalena, Founder & CEO of Squarespace. "We achieved record revenue of $207.8 million as our global customer base continued to grow and new use cases evolved within our all-in-one platform. We remain committed to maintaining our unique combination of growth alongside profitability as we continue through 2022. Further building on the confidence we have in our business, our board of directors has authorized a $200 million share repurchase program. We strongly believe in the opportunity Squarespace has open to us over the coming years."
"Revenue and unlevered free cash flow exceeded our guidance in the first quarter as we attracted new subscriptions and delivered additional capabilities to our customer base," said Marcela Martin, CFO of Squarespace. "We are pleased to be raising our full-year guidance for both revenue and unlevered free cash flow."
First Quarter 2022 Financial Highlights
- Total revenue of $207.8 million grew 16% year-over-year as reported on a GAAP basis and 18% in constant currency
- Commerce revenue of $63.8 million grew 36% year-over-year
- Annual run rate revenue ("ARRR") increased 15% year-over-year to $869.0 million
- Unique subscriptions reached 4.2 million in the quarter, up 10% year-over-year
- Average revenue per unique subscription ("ARPUS") grew to $204, up 7% year-over-year
- Net loss of $92.9 million vs. net loss of $1.1 million a year ago
- Net loss per share of $0.67 based on 139,423,228 basic and dilutive weighted average shares
- Adjusted EBITDA was a loss of $2.9 million vs. a gain of $11.1 million a year ago, primarily driven by marketing expenses, headcount in research & product development, and investments in Tock
- Cash flow from operating activities was $47.3 million vs. $50.1 million a year ago
- Non-GAAP unlevered free cash flow was $45.5 million vs. $51.8 million a year ago driven primarily by increased marketing and research & product development spend
- Cash and cash equivalents of $230.5 million, investments in marketable securities of $27.9 million; total debt of $523.5 million
A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures."
Share Repurchase Authorization
Squarespace's board of directors authorized a general share repurchase program of the Company's Class A common stock of up to $200 million with no fixed expiration. These repurchases may occur in the open market, through privately negotiated transactions, through block purchases, other purchase techniques or by any combination of such methods. The timing and actual amount of shares repurchased will depend on a variety of different factors and may be modified, suspended or terminated at any time at the discretion of the board of directors.
Outlook & Guidance
For the second quarter of fiscal year 2022, Squarespace currently expects:
- Revenue of $208 million to $213 million, or year-over-year growth of 6% to 9%
- Non-GAAP unlevered free cash flow of $33.0 million to $37.0 million. This is the result of:
For the full fiscal year 2022, Squarespace currently expects:
- Revenue of $867 million to $879 million, or year-over-year growth of 11% to 12%
- Non-GAAP unlevered free cash flow of $156.0 million to $169.0 million. This is the result of:
Webcast Conference Call & Shareholder Letter Information
Squarespace will host a conference call on May 12, 2022 at 8:30 a.m. ET (UTC-5:00) to discuss its financial results. A live webcast of the event will be available in the Events & Presentations section of the Squarespace Investor Relations website. An archived replay of the webcast will be available following the conclusion of the call. Additionally, we invite you to read our shareholder letter available here.
Non-GAAP Financial Measures
Revenue constant currency is being provided to increase transparency and align our disclosures with companies in our industry that receive material revenues from international sources. Revenue constant currency has been adjusted to exclude the effect of year-over-year changes in foreign currency exchange rate fluctuations. We believe providing this information better enables investors to understand our operating performance irrespective of currency fluctuations.
Adjusted EBITDA is a supplemental performance measure that our management uses to assess our operating performance. We calculate adjusted EBITDA as net income/(loss) excluding interest expense, other income/(loss), net, (provision for)/benefit from income taxes, depreciation and amortization, stock-based compensation expense and other items that we do not consider indicative of our ongoing operating performance.
Unlevered free cash flow is a supplemental liquidity measure that Squarespace's management uses to evaluate its core operating business and its ability to meet its current and future financing and investing needs. Unlevered free cash flow is defined as cash flow from operating activities, including one-time expenses related to Squarespace's direct listing, less cash paid for capital expenditures increased by cash paid for interest expense net of the associated tax benefit.
Constant currency, we calculate constant currency information by translating current period results from entities with foreign functional currencies using the comparable foreign currency exchange rates from the prior fiscal year. To calculate the effect of foreign currency translation, we apply the same weighted monthly average exchange rate as the comparative period. Our definition of constant currency may differ from other companies reporting similarly named measures, and these constant currency performance measures should be viewed in addition to, and not as a substitute for, our operating performance measures calculated in accordance with GAAP.
Adjusted EBITDA, unlevered free cash flow and revenue constant currency are not prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP") and have important limitations as an analytical tool. Non-GAAP financial measures are supplemental, should only be used in conjunction with results presented in accordance with GAAP and should not be considered in isolation or as a substitute for such GAAP results.
Further information on these non-GAAP items and reconciliation to their closest GAAP measure is provided below under, "Reconciliation of Non-GAAP Financial Measures".
Definitions of Key Operating Metrics
Annual run rate revenue ("ARRR"). We calculate ARRR as the monthly revenue from subscription fees and revenue generated in conjunction with associated fees (fees taken or assessed in conjunction with commerce transactions) in the last month of the period multiplied by 12. We believe that ARRR is a key indicator of our future revenue potential. However, ARRR should be viewed independently of revenue, and does not represent our GAAP revenue on an annualized basis, as it is an operating metric that can be impacted by subscription start and end dates and renewal rates. ARRR is not intended to be a replacement or forecast of revenue.
Unique subscriptions represent the number of unique sites, standalone scheduling subscriptions, Unfold (social) and hospitality subscriptions, as of the end of a period. A unique site represents a single subscription and/or group of related subscriptions, including a website subscription and/or a domain subscription, and other subscriptions related to a single website or domain. Every unique site contains at least one domain subscription or one website subscription. For instance, an active website subscription, a custom domain subscription and a Google Workspace subscription that represent services for a single website would count as one unique site, as all of these subscriptions work together and are in service of a single entity's online presence. Unique subscriptions do not account for one-time purchases in Unfold or for hospitality services. The total number of unique subscriptions is a key indicator of the scale of our business and is a critical factor in our ability to increase our revenue base.
Average revenue per unique subscription ("ARPUS"). We calculate ARPUS as the total revenue during the preceding 12-month period divided by the average of the number of total unique subscriptions at the beginning and end of the period. We believe ARPUS is a useful metric in evaluating our ability to sell higher-value plans and add-on subscriptions.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. These statements include, but are not limited to, statements regarding Squarespace's future operating results and financial position, including for its second fiscal quarter ending June 30, 2022 and its fiscal year ending December 31, 2022. The words "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "could," "would," "project," "plan," "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management's expectations, assumptions, and projections based on information available at the time the statements were made. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including risks and uncertainties related to: Squarespace's ability to attract and retain customers and expand their use of its platform; Squarespace's ability to improve and enhance the functionality, performance, reliability, design, security and scalability of its solutions; Squarespace's ability to compete successfully against current and future competitors; the impact of the COVID-19 pandemic on Squarespace; Squarespace's ability to protect or promote its brand; Squarespace's ability to generate new customers through its marketing and selling activities; Squarespace's ability to hire, integrate and retain its personnel; the reliability, security and performance of Squarespace's software; Squarespace's ability to adapt to changes to technologies used in its platform or new versions or upgrades of operating systems and internet browsers; Squarespace's compliance with privacy and data protection laws and regulations as well as contractual privacy and data protection obligations; and risks associated with international sales and the use of Squarespace's platform in various countries. It is not possible for Squarespace's management to predict all risks, nor can it assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements Squarespace may make. In light of these risks, uncertainties, and assumptions, Squarespace's actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Further information on risks that could cause actual results to differ materially from forecasted results are included in Squarespace's filings with the Securities and Exchange Commission. Except as required by law, Squarespace assumes no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.
About Squarespace
Squarespace is the all-in-one platform with everything to sell anything, providing customers in over 200 countries and territories with all the tools they need to sell physical products, digital content, classes, appointments, reservations and more. Powered by best-in-class design for a consistent brand experience across all touchpoints, our suite of fully integrated products enables anyone to manage their projects and businesses through websites, domains, ecommerce, marketing tools, and scheduling, along with tools for managing a social media presence with Unfold and hospitality business management via Tock. Squarespace is headquartered in downtown New York City, with offices in Dublin, Ireland, Portland, Oregon, and Chicago, Illinois. For more information, visit www.squarespace.com.
Contacts
Investors
Robert Sanders
Clare Perry
investors@squarespace.com
Media
Kaitlyn Rawlett
press@squarespace.com
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SOURCE Squarespace, Inc. | https://www.wibw.com/prnewswire/2022/05/12/squarespace-announces-first-quarter-2022-financial-results-200-million-share-repurchase-program/ | 2022-05-12T10:37:44Z |
The 9/11 terror attacks marked a turning point for the Scientology Volunteer Ministers.
LOS ANGELES and NEW YORK, Sept. 11, 2022 /PRNewswire/ -- Out of the smoke and dust that engulfed lower Manhattan 21 years ago rose a humanitarian movement, stronger than ever before and known for its commitment to help: the Scientology Volunteer Ministers—a religious social service of the Church of Scientology.
More than 800 Scientology Volunteer Ministers served in the aftermath of the attack. They traveled from across the country and abroad, providing support to emergency personnel and bringing order to the chaos. And they continued doing so throughout the entire eight months of the rescue and recovery effort.
"At any time, well over 100 Volunteer Ministers from the Church of Scientology mill around the remains of the World Trade Center," wrote The New York Times on September 20, 2001. "On the day of the attack, they took in food to workers…When rescue workers stagger from the wreckage, the ministers, identified by their T-shirts, try to focus the workers' minds and revive their bodies."
"The Volunteer Ministers worked with great energy and great compassion at Ground Zero, helping to ease the physical burdens and mental strains of the rescue workers," wrote a New York Police Chief in thanks. "The organization, the caring, and the dedication of your Volunteer Ministers were exceptional, very much appreciated, and will long be remembered by those who received their help."
Within hours of the terror attacks, Scientology ecclesiastical leader Mr. David Miscavige issued a directive that was distributed to Scientologists everywhere: The Wake-Up Call. As its title suggests, it urged Scientologists to treat this event as a change point. And they did. As of September 11, 2001, there were 6,000 Volunteer Ministers worldwide. Today, Scientology Volunteer Ministers are among the world's most widely recognized independent relief organizations, with hundreds of thousands on call to respond to disasters great and small. Whether helping at the sites of natural and man-made disasters or responding to the needs of their neighbors and communities, the bright yellow T-shirt of the Volunteer Ministers has become a symbol of help.
"The answer to this planet's problems will not be found in the material," said Mr. Miscavige in describing what that tragedy represented for the Church. "Of this there can be no question. For if those solutions can't prevent war nation to nation, how then can it be expected to answer questions like love, happiness or peace of mind?"
He also pointed out that providing help in disaster zones is only one part of the picture.
"For while we can help in the worst of circumstances, when compassion itself demands each person to help one another, what about those everyday disasters simmering beneath the social structure? The marital difficulties and familial discord that ruins lives each day? The delinquent child and the parent with nowhere to turn for help? Not to mention oppression and depression, which all too often—with no other help in sight—turns to drugs as a last hope to dull the mental pain?
"And therein lies the greater story of our Volunteer Ministers... They are seen everywhere, in nations across the globe, bringing effective solutions before it is too late. Constantly visiting new communities to offer help with everything from marital difficulties, to tutoring of children, to providing counseling for the lonely."
The pandemic was a practical example of the extent and effectiveness of the movement.
Scientology Volunteer Ministers spent the lockdown serving their communities with food and medicine delivery, operating help lines, providing backup to medical professionals at COVID testing and vaccination centers and helping overloaded medical professionals cope with the care of elderly residents at healthcare facilities. They reached out to other houses of worship to provide training and sanitization to ensure the safety of their congregations. They distributed millions of educational booklets to help people understand and apply the protocols to prevent the spread of the virus.
The Volunteer Ministers movement has become truly grassroots, with hundreds of new Volunteer Ministers groups cropping up in towns and villages from South Africa and Uganda to Nepal, Papua New Guinea and throughout Latin America.
The Scientology Network airs Scientology: Tools for Life, a filmed introduction to the basic principles and technology that comprise the training these volunteers use. And the Tools for Life courses, the basic training for the Volunteer Minister, are available free of charge through the Volunteer Ministers and Scientology websites.
Each week, hundreds of new Volunteer Ministers complete all 19 Volunteer Ministers courses and become fully fledged members of the team.
In creating the Scientology Volunteer Ministers program in the 1970s, Scientology Founder L. Ron Hubbard wrote, "If one does not like the crime, cruelty, injustice and violence of this society, he can do something about it. He can become a Volunteer Minister and help civilize it, bring it conscience and kindness and love and freedom from travail by instilling into it trust, decency, honesty and tolerance."
A Volunteer Minister's mandate is to be "a person who helps his fellow man on a volunteer basis by restoring truth and spiritual values to the lives of others." Their motto is that no matter the circumstances, "Something can be done about it." And their creed: "A Volunteer Minister does not shut his eyes to the pain, evil and injustice of existence. Rather, he is trained to handle these things and help others achieve relief from them and new personal strength as well."
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SOURCE Church of Scientology International | https://www.wibw.com/prnewswire/2022/09/11/how-800-scientology-volunteer-ministers-who-helped-ground-zero-inspired-movement/ | 2022-09-11T22:57:38Z |
Homeless shelter named for the late Alex Trebek opens in Northridge
By Darleene Powells
Click here for updates on this story
NORTHRIDGE, California (KCAL, KCBS) — A homeless shelter named for the late “Jeopardy!” host Alex Trebek opened Thursday at the former Skateland rollerskating rink in Northridge.
The old roller rink was converted into a 107-bed housing facility, largely thanks to a $500,000 donation from the beloved game show host and his wife, which was given just before he died in 2020.
During his life, Trebek had worked to end homelessness.
Somehow, someway I know Alex is aware of this center,” Jean Trebek said. “I know he had a strong conviction and determination in his own way to make it work.”
The 23,000-square-foot Trebek Center will offer unsheltered Angelenos services to help them get back on their feet and into more permanent housing.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/05/12/homeless-shelter-named-for-the-late-alex-trebek-opens-in-northridge/ | 2022-05-12T23:04:49Z |
Try these easy swaps instead to help you stay on track this summer and beyond.
HENDERSON, Nev., July 20, 2022 /PRNewswire/ -- Every year, summer ushers in fun days filled with beaches, pools, boats, cookouts, blockbuster movies, vacations, staycations and more. However, summer fun can lead to overindulging and unwanted weight gain. With obesity still a significant issue in the United States, there is no time like the present to get and stay focused on healthy living. So, if want to enjoy the rest of your summer without taking a hit to the waistline, try these nutrition swaps suggested by Nutrishop, a national nutrition, wellness and supplement retail franchise.
1. Frozen Treats: What is summer without snacking on something deliciously cold, icy or creamy? Unfortunately, most frozen treats like FROYO, shaved ice, popsicles, etc., are very high in sugar, while ice cream treats are typically full of sugar and fat. "Even newer, so-called 'healthy' ice cream substitutes are often high in sugar alcohols or saturated fats," said Dr. Meredith Butulis, a sports medicine physical therapist, an NSCA certified strength and conditioning coach and a Precision Nutrition Certified Nutrition Coach who is also a Nutrishop ambassador and writes regularly for Nutrishop's Learning Center.
Instead, Butulis suggests making your own "nice cream." If you search online for "nice cream recipes," you'll find plenty that use ingredients like fruits, Greek yogurt, cocoa powder, peanut butter, or even your favorite protein powder. "Sugar from fruit is not processed the same as table sugar or sugar alcohols, so for most people, using a real fruit base is a healthier choice," she added. "Fruit also adds essential nutrients, antioxidants and fiber to support digestion, immune system strength, energy, and overall health."
Amy Jo Palmquest, a Nutrishop franchisee and an ACE-certified personal trainer with a degree in exercise science and nutrition, agrees wholeheartedly with this food swap. She and her family substitute sugary popsicles in favor of blending Greek yogurt with fruit and freezing them with popsicle sticks. Below is one of her favorite recipes:
- Chobani Vanilla Greek Yogurt
- Strawberries (fresh or frozen)
- Squeeze of fresh lemon
Directions: Add the ingredients to a blender and blend to combine well. Pour into small reusable freezer pop molds. Freeze for at least 4 hours before serving. TIP: Make these the day before you plan to eat them so they're firm.
2. Popcorn: Movies and popcorn are a classic match. While popcorn can be part of a healthy diet, check the calories, fat, and sodium content of what you are ordering at the theater. "Don't be surprised if that movie theater popcorn provides at least half the calories you planned to eat for the day," Butulis said. "Instead, try flavored mini rice cakes or corn-based cakes. They pack the zest and crunch without the unwanted high-saturated fat content."
3. Mixed Drinks: Summer fun often goes hand in hand with summer cocktails. However, mixed alcoholic beverages are dense in carbohydrates and sugars and, when regularly enjoyed, can contribute to an accumulation of body fat. Plus, alcohol can dehydrate you and make you feel sluggish, two things you don't want when trying to achieve your fitness and weight-loss goals.
If you still want to imbibe, try swapping your alcohol source to vodka, add some water, and introduce sugar-free Stance Supplements BCAAs as a flavoring technique, suggested Nutrishop franchise owner Jay Vicino, who is also ISSA-certified in fitness nutrition. "We use this combination in the industry to allow our clients to indulge and enjoy life without sacrificing their progress while dramatically lowering the possibility of a hangover the next day," he said.
4. Potato or Macaroni Salad: Rather than a high-calorie, high-fat "gut bomb" like macaroni or potato salad, enjoy a bowl of fruit, Palmquest suggested. "Fruit is a great go-to in the summer. It's so filling and fresh and even budget-friendly if you get things in season," she said. Her favorite summer fruit is watermelon because it's so sweet, refreshing and low in calories. Two cups of diced watermelon contain about 90 calories. Bonus, eating fruits high in water content can help keep you hydrated when temperatures are soaring.
If you'd like additional suggestions or want to learn more about what Nutrishop can do to help you with your weight-loss goals this summer and beyond, visit your local Nutrishop store and speak with a caring professional today!
About NUTRISHOP®
Since 2003, NUTRISHOP® has helped countless individuals live a fit, healthy, happy lifestyle. Nutrishop stores offer customers a low-price guarantee on a wide array of cutting-edge dietary supplements along with exceptional, individualized customer service, easy-to-follow meal plans, body composition assessment tools, and sound nutritional guidance. The Nutrishop business model focuses primarily on franchisee-owned and operated stores that provide consumers with the tools required to achieve their health and fitness goals. For more information, visit NutrishopUSA.com and follow on Instagram @NutrishopUSA.
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SOURCE Nutrishop | https://www.mysuncoast.com/prnewswire/2022/07/20/nutrishop-shares-worst-summer-treats-sabotaging-weight-loss-goals/ | 2022-07-20T18:24:35Z |
FARMINGTON, Conn., July 12, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 27, 2022, at 8:30 a.m. EDT. Judy Marks, Rahul Ghai and Anurag Maheshwari will discuss the company's second quarter results and the outlook for 2022.
To register for the event click here. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording of the call will be made available on the website later in the day.
About Otis
Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain more than 2.1 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 70,000 people strong, include 41,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo.
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SOURCE Otis Worldwide Corporation | https://www.kxii.com/prnewswire/2022/07/12/otis-second-quarter-2022-earnings-advisory/ | 2022-07-12T11:10:57Z |
In its 3rd year partnership with The Trevor Project, the world's leading social live-streaming app announces initiatives including brand partnerships, live performances and panel discussions.
LOS ANGELES, June 2, 2022 /PRNewswire/ -- Social live-streaming platform Bigo Live introduces #Pride365, a movement that rallies the LGBTQ community and its allies to celebrate Pride not just in the month of June, but all year long. For the third consecutive year, Bigo Live is a proud corporate sponsor of The Trevor Project, the world's largest suicide prevention and mental health organization for LGBTQ young people, donating $50,000 to the organization. Bigo Live is working to affirm live streaming as a social language that is being utilized as a highly-interactive way to provide and watch entertainment, spread positive messages and empower groups in need.
"At Bigo Live, Pride is more than just a month. We cherish Pride and diverse communities everyday, all year long," says Eric Kim, Senior Operations Director at Bigo Live. "We welcome all to join our #Pride365 celebration of broadcasters representing our LGBTQ communities as we share informative, entertaining and beautiful live moments."
"We are so honored to continue our partnership with Bigo Live, who share our values of providing safe and affirming spaces for LGBTQ young people to thrive," said Leah Kartun, Corporate Partnerships Manager at The Trevor Project. "Our research shows that LGBTQ youth find joy and strength through online communities, and Bigo Live has created such a vibrant, diverse, and inclusive platform where LGBTQ young people have the freedom to be their true selves. Bigo Live's generous donation will help expand The Trevor Project's free, 24/7 crisis services, as well as scale our counselor training to serve the more than 1.8 million LGBTQ youth who seriously consider suicide each year in the U.S."
The initiative kicks off in June with a slew of special events taking place virtually on the platform and brand partnerships that give Bigo Live users exclusive offers to take advantage of. Highlights include:
- Livehouse turns into Pridehouse where we showcase and celebrate LGBTQ hosts and allies in a wide variety of Pride-themed livehouses, such as:
- Partnership with LAVAA (June 15) will bring viewers the opportunity to watch their favorite live streaming beauty experts give tutorials using the luxury lashes, Lavaa. Bigo Live users will receive an exclusive code to purchase their own specially made Pride package of beauty products at a discounted rate.
- State of the Union panel discussion (June 18) featuring Leah Kartun, Corporate Partnerships Manager at The Trevor Project, alongside a panel of Bigo Live broadcasters. The panel will be hosted by Dwight O'Neal (BIGO ID: onealappeal), the host of BIGO's Morning Talk Show, Good Morning BIGO. Topics of discussion will include:
Bigo Live strives to be the platform where anyone can come, judgment free, to find content that sparks joy and adds value to their lives, as well as make connections with others. Check out the sizzle reel announcing #Pride365 here.
About Bigo Live
Bigo Live is one of the world's fastest-growing social live streaming platforms where users broadcast in real-time to share life moments, showcase their talents, and interact with people from around the world. Bigo Live has more than 400 million users in over 150 countries that represent 22 different languages. Launched in March 2016, Bigo Live is owned by BIGO Technology, a video-based products and services technology company based in Singapore. For more information on Bigo Live please visit www.Bigo.tv and download Bigo Live on the App Store or Google Play.
About The Trevor Project
The Trevor Project is the world's largest suicide prevention and mental health organization for lesbian, gay, bisexual, transgender, queer & questioning (LGBTQ) young people. The Trevor Project offers a suite of 24/7 crisis intervention and suicide prevention programs, including TrevorLifeline, TrevorText, and TrevorChat as well as the world's largest safe space social networking site for LGBTQ youth, TrevorSpace. Trevor also operates an education program with resources for youth-serving adults and organizations, an advocacy department fighting for pro-LGBTQ legislation and against anti-LGBTQ rhetoric/policy positions, and a research team to discover the most effective means to help young LGBTQ people in crisis and end suicide. If you or someone you know is feeling hopeless or suicidal, our trained crisis counselors are available 24/7 at 1-866-488-7386, via chat TheTrevorProject.org/Help, or by texting 678678.
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SOURCE Bigo Live | https://www.wibw.com/prnewswire/2022/06/02/bigo-live-introduces-pride365-celebrate-diverse-voices-inspiring-viewers-around-globe/ | 2022-06-02T13:19:06Z |
NEW YORK, July 13, 2022 /PRNewswire/ -- Kingswood Acquisition Corp. ("KWAC"), a special purpose acquisition company, announced today that it had been informed that the New York Stock Exchange (the "NYSE") had, effective as of approximately 4:00 p.m. Eastern Time on July 13, 2022, suspending trading with respect to KWAC's Class A common stock, redeemable warrants to purchase shares of Class A common stock, and units, each consisting of one share of Class A common stock and three-fourths of one redeemable warrant (collectively, "KWAC Securities"), due to KWAC's non-compliance with Section 802.01B of the NYSE Listed Company Manual, which requires listed acquisition companies to maintain certain average aggregate global market capitalization standards. The NYSE will apply to the Securities and Exchange Commission ("SEC") to delist the KWAC Securities upon completion of all applicable procedures. KWAC does not intend to appeal the NYSE staff's determination and, accordingly, KWAC expects that the KWAC Securities will be delisted.
KWAC intends to transfer the listings of the KWAC Securities to the OTC Markets Group Inc. ("OTC Exchange"), where KWAC has applied to list the KWAC Securities. KWAC anticipates that the listings of the KWAC Securities will be transferred to and resume trading on the OTC Exchange on or about July 14, 2022. Following such transfer, KWAC will continue to file the same types of periodic reports and other information it currently files with the SEC.
As previously announced, KWAC, Binah Capital Group, Inc., a wholly-owned subsidiary of KWAC ("Holdings"), Kingswood Merger Sub, Inc., a wholly-owned subsidiary of Holdings, Wentworth Merger Sub, LLC, a wholly-owned subsidiary of Holdings, and Wentworth Management Services LLC, entered into an agreement and plan of merger on July 7, 2022 ("Merger Agreement") pursuant to which, among other things, Holdings will acquire KWAC and Wentworth for consideration of a combination of shares in Holdings and assumption of indebtedness. Upon closing of the business combination contemplated by the Merger Agreement, Holdings is expected to list certain of the securities being delivered to KWAC's security holders as consideration for the business combination on NYSE, the Nasdaq Stock Market, NYSE American or other national exchange.
Forward-Looking Statements
Certain statements in this Current Report on Form 8-K are "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this report, words such as "may", "should", "expect", "intend", "will", "estimate", "anticipate", "believe", "predict", "potential" or "continue", or variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements.
Additional Information about the Business Combination and Where to Find It
In connection with the business combination, Binah Capital Group, Inc. ("Holdings") intends to file with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 that will include a proxy statement for the stockholders of KWAC that also constitutes a prospectus of Holdings. KWAC urges investors, stockholders, and other interested persons to read, when available, the preliminary proxy statement/prospectus as well as other documents filed with the SEC because these documents will contain important information about KWAC, Holdings, Wentworth Management Services LLC ("Wentworth"), and the business combination. After the registration statement is declared effective, the definitive proxy statement/prospectus to be included in the registration statement will be mailed to stockholders of KWAC as of a record date to be established for voting on the business combination. Stockholders will also be able to obtain a copy of the proxy statement/prospectus, without charge by directing a request to: Kingswood Acquisition Corp., 17 Battery Place, Room 625, New York, NY 10004. The preliminary and definitive proxy statement/prospectus to be included in the registration statement, once available, can also be obtained, without charge, at the SEC's website (www.sec.gov).
No Offer or Solicitation
This Current Report on Form 8-K is for informational purposes only, and is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act and otherwise in accordance with applicable law.
Participants in Solicitation
KWAC, Holdings, Wentworth and their respective directors and executive officers may be considered participants in the solicitation of proxies with respect to the business combination under the rules of the SEC. Information about the directors and executive officers of KWAC is set forth in KWAC's Prospectus relating to its initial public offering (the "IPO Prospectus"), which was filed with the SEC on November 23, 2020. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the stockholders in connection with the business combination will be set forth in the proxy statement/prospectus when it is filed with the SEC. These documents can be obtained free of charge from the sources indicated above.
Media Contacts
Donald Cutler or Elizabeth Shim
Haven Tower Group
424 317 4864 or 424 317 4861
dcutler@haventower.com or eshim@haventower.com
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SOURCE Kingswood Acquisition Corp. | https://www.kxii.com/prnewswire/2022/07/13/kingswood-acquisition-corp-transfer-listing-otc-markets-group-inc/ | 2022-07-14T01:11:13Z |
PARK CITY, Utah, June 15, 2022 /PRNewswire/ -- Globally recognized aesthetics device company Powered by MRP announced today that its Chief Executive Officer, Scott Carson and Chief Scientific Officer, Dale Koop, PhD, will attend the upcoming Cosmetic Bootcamp at the St. Regis Aspen Resort in Aspen, CO, Jun 23rd-26th at Table Top No. 3.
Committed to providing ongoing training and education to physicians and their staff, the Cosmetic Bootcamp is the leading resource for aesthetic professionals who shape their specialties through teaching, mentoring, and research.
MRP's partner and worldwide medical device manufacturer Jeisys Medical and Dr. Jeanine Downie will also be at the Bootcamp presenting the acclaimed INTRAcel PRO, RF Microneedle, to treat aging skin, scars, acne scars, laxity and stretch marks with minimal downtime. Board-certified by the American Board of Dermatology, Dr. Downie's expertise includes photoaging, skin cancer, cosmeceuticals and injectables, cosmetic dermatology, and sun protection.
"We are thrilled to be part of the Cosmetic Bootcamp this year as it gives us an opportunity to showcase our devices and share our experience," said Founder and CEO Scott Carson. "We are eager to foster new relationships within this fast-growing industry."
MRP is a globally recognized aesthetics device company founded by Scott Carson in 2015. MRP's technology-driven platform provides a vertically-integrated community marketplace that helps Aesthetic Providers lower equipment and supply costs through consultative customer service and GPO-level pricing. Overstock, pre-owned, parts and deals, drive markets, and MRP is the largest reseller of new and pre-owned energy-based aesthetic and surgical devices in the world. MRP-supplied equipment can be seen featured in TLC's first season of their hit television series, DR. MERCY.
Visit www.mrp.io and follow us on LinkedIn, Facebook, Instagram, or YouTube for more information.
Jeisys Medical Inc., a worldwide medical device manufacturer, produces high-end products for plastic surgeons, dermatologists, physicians, and healthcare professionals. With various reliable product lines, including IPL, RF microneedle, CO2, Q-Switch laser, and HIFU, Jeisys serves the industry as one of the leading companies with rigorous R&D level and valuable experience. Jeisys develops the most progressive product to lead the global market, and products are being globally marketed by overseas offices. Jeisys is cooperating with worldwide distribution partners to provide the highest customer satisfaction.
For more information, please visit here.
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SOURCE Powered by MRP | https://www.mysuncoast.com/prnewswire/2022/06/15/powered-by-mrp-announces-attendance-2022-cosmetic-bootcamp-aspen-jun-23rd-26th/ | 2022-06-15T14:00:24Z |
Democrats punt same-sex marriage vote until after election
WASHINGTON (AP) — Democrats are punting a vote to protect same-sex and interracial marriages until after the November midterm elections, pulling back just days after Majority Leader Chuck Schumer vowed to put the Senate on the record on the issue “in the coming weeks.”
The delay was requested by key senators who have been negotiating changes to the legislation and comes at a time when many Republicans have been signaling opposition.
Wisconsin Democratic Sen. Tammy Baldwin, the lead champion of the bill, had predicted they would be able to secure the 10 Republican votes needed to break a filibuster and push it to passage. But hopes dimmed in recent days as some Republicans raised concerns about whether the bill would protect the rights of religious institutions, business owners or others who oppose same-sex marriage.
The decision adds to the uncertainty facing the legislation, as it gives interest groups and other lawmakers opposing the bill more time to rally Republicans against it. But supporters hope that by pushing the vote back, they will relieve election-year pressure from some conservative voters and persuade more Republicans to support the legislation.
“We’ve asked Leader Schumer for additional time and we appreciate he has agreed,” Baldwin said in a statement, along with other members of the bipartisan group that is negotiating the bill. “We are confident that when our legislation comes to the Senate floor for a vote, we will have the bipartisan support to pass the bill.”
The statement from Baldwin, Democratic Sen. Kyrsten Sinema of Arizona and Republican Sens. Susan Collins of Maine, Rob Portman of Ohio and Thom Tillis of North Carolina came after a meeting with Schumer, who had been considering a vote as soon as next week.
A spokesman for Schumer said he is “100 percent committed” to holding a vote.
“Leader Schumer will not give up and will hold the bipartisan group to their promise that the votes to pass this marriage equality legislation will be there after the election,” said Schumer spokesman Justin Goodman.
Democrats and the small group of Republicans have moved to safeguard same-sex marriage following the Supreme Court decision over the summer that overturned Roe v. Wade and the federal right to an abortion. Lawmakers fear the court’s ruling, and a concurring opinion from Justice Clarence Thomas, indicate that an earlier high court decision protecting same-sex marriage could come under threat.
“We all want to pass this quickly,” Schumer said last week. “I hope there will be 10 Republicans to support it.”
The Senate push for the historic vote — and the openness by some Republicans to back it in an election year — reflects a large shift on the issue since the Supreme Court’s 2015 Obergefell v. Hodges decision legalizing gay marriage nationwide. Polling shows widespread public support for allowing such unions.
The bipartisan group has been working closely with the GOP senators who are open to the legislation but have religious liberty concerns. They finalized an amendment this week that would clarify that the legislation does not affect the rights of such private individuals or businesses — rights that are already enshrined in law. The legislation requires the federal government and states to recognize all marriages that were legal where they were performed, along with interracial marriages.
“Through bipartisan collaboration, we’ve crafted commonsense language that respects religious liberty and Americans’ diverse beliefs, while upholding our view that marriage embodies the highest ideals of love, devotion, and family,” the group said in the statement.
But some Republicans who had wavered on the bill were not yet on board.
Responding to the group’s statement Thursday, the White House emphasized again that the administration was leaving the mechanics of the legislation — such as the timing of a vote — to the Senate.
“We believe the Senate should find consensus just as the American people have,” White House press secretary Karine Jean-Pierre said Thursday.
The bill protecting same-sex marriage cleared the House in a July vote with the support of 47 Republicans — a larger than expected number that gave the measure a boost in the Senate. But as the weeks went on, more Republicans raised religious liberty issues.
Another proposed tweak to the bill would make clear that a marriage is between two people, an effort to ward off some far-right criticism that the legislation could endorse polygamy.
It’s not clear how many Republicans would support the bill. In addition to Collins, Portman and Tillis, a fourth GOP senator, Alaska Sen. Lisa Murkowski, has supported same-sex marriage in the past. Wisconsin Sen. Ron Johnson, who is up for reelection this year, has said he doesn’t see a “reason to oppose it” but has talked on both sides of the issue in recent weeks.
Most Republicans opposing the legislation have said it is simply unnecessary because the court ruling still stands. But others have gone further.
One group that has been opposed, the conservative Alliance Defending Freedom, has pushed back on the legislation.
“In the grander scheme, the Respect for Marriage Act is a way of putting an exclamation mark on the sexual revolution and its ideology,” wrote Ryan Womack, who works for the group, in a blog posted on its website.
___
Associated Press writer Seung Min Kim contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/09/15/democrats-punt-same-sex-marriage-vote-until-after-election/ | 2022-09-15T20:33:48Z |
HONG KONG, April 21, 2022 /PRNewswire/ -- READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced that the Company has filed its financial statements for the quarter ending March 2022 with OTC Markets Disclosure & News Service. RHCO reported an increase in Revenue of 634.42% compared to the quarter ending December 2021, which is also a year-over-year increase of 161.39%. After two previous quarters of minor loss, the Company has recorded a minor profit and its Net Assets saw an increase of 1.99% compared to last financial year end.
The positive result was due to the ongoing development of OkeApp (www.okepartners.com), the Company's discount referral app. The Company also see Revenue increased in Readies (www.readies.biz), its own developed e-voucher. The uptrend of OkeApp and Readies has started last quarter. Both businesses have been extending their success in Q1 2022 and continuous growth is expected in the coming quarters
In an earlier announcement, the Company disclosed that its Fintech Division, which includes OkePay, OkeApp and Readies, has recorded a 700% revenue gain in January 2022 comparing to December 2021. That one month's revenue approximately equals to the total revenue of the Division in the last six months of 2021.
Richard Klitsie, CEO of RHCO stated, "RHCO has started the year of 2022 very well, and we are so thrilled to announce the completion of its quarterly filing. We are riding on the momentum of OkeApp and Readies, and both are performing well beyond our expectations. As anticipated, last quarter we saw a profit and we are expecting at least double digital revenue growth in quarters to come. The management is working hard every day to realize our exciting strategic business plan of action, as well as RHCO's up listing plan. We are currently undergoing the process of auditing, with J&S Associate (AF002380) (Registered with US PCAOB and Malaysia MIA) (jns-associate.com) as the Auditor for the Company's up listing initiative. We are positive that RHCO's up listing to OTCQB can be finalized within this year. I strongly believe 2022 will be a cornerstone year for RHCO."
Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors, such as;
www.okepay.biz
www.readies.biz
www.okepartners.com
oktoken.biz
www.neckermanndirect.eu
www.twopercent.hk
www.fligrofood.com
RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.
For further information please contact RHCO at info@readenholdingcorp.com or +852 3950 5911
The RHCO corporate email address is info@readenholdingcorp.com
The RHCO corporate website can be accessed at www.readenholdingcorp.com
The RHCO Twitter account can be accessed at https://twitter.com/readenrhco
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.
Contact
Readen Holding Corp.
info@readenholdingcorp.com
+852 3950 5911
Readen Group, RHCO announcement
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SOURCE Readen Holding Corporation | https://www.wibw.com/prnewswire/2022/04/21/readen-holding-corporation-otc-pink-rhco-announces-filing-march-31-2022-financial-statements-with-otc-markets-revenue-up-634/ | 2022-04-21T12:52:32Z |
New name reflects broader expertise, expanded services
DENVER, July 28, 2022 /PRNewswire/ -- Fortis Warranty today announces that its company name going forward will be FORTIS. Founded in 2003 by industry experts, FORTIS is the only company to offer roof performance solutions that feature extensive initial and ongoing reconditioning for commercial buildings as an alternative to traditional replacement, with long-term performance guarantees that are backed by global leader, Lloyds of London.
"Since our inception nearly 20 years ago, we've come to offer so much more than just a warranty, and our name change reflects that evolution," said Rick Lewis, FORTIS President and CEO. "FORTIS offers a comprehensive range of roof performance management programs that provide financial security, extend the life of our customers' roofs, and make a significant impact on ROI."
The new FORTIS branding initiative includes logo design and tagline development that is representative of where FORTIS is today, as well as where it's going in the future. FORTIS has maintained its corporate colors, including an orange and yellow gradient design element showing dynamism or change. The gradient is now seen in an abstract representation of a building, symbolic not only of the architectural asset that FORTIS protects, but also the direction and growth of the company itself. The new tagline encapsulates the expanded and comprehensive offerings by FORTIS, with a promise of "Roof Performance & Financial Certainty, Guaranteed."
FORTIS is currently improving performance and increasing ROI for customers at more than 4,800 locations, with more than 140 million square feet protected, including many Fortune 500 companies that have turned to FORTIS to save money, gain financial certainty, and extend the life of their existing roofs.
Utilizing its unique FORTIS Roof Risk Assessment (FRRA) app with propriety roof scoring algorithm process, third party lab testing, and nearly 20-years of roof system data in its underwriting process, FORTIS has helped customers save more than $500 million in capital roof replacement costs, for an average ROI of over 250%.
"FORTIS helps our customers manage their roof performance," said Dave Schupmann, Chief Operating Officer. "By eliminating unnecessary roof replacement, FORTIS provides our customers a 60 to 70 percent savings on roofing costs. With a downturn in the economy, and at a time when materials and labor have proven to be expensive and in especially short supply, roof performance management is more important than ever. FORTIS just makes good business sense."
FORTIS is the only company to offer roof performance solutions that feature extensive initial and ongoing reconditioning for commercial buildings as an alternative to traditional replacement, with long-term performance guarantees that are backed by global leader, Lloyds of London. FORTIS has more than 350 strategic contractor partners, and more than 70 percent of the FORTIS business is from repeat customers with large building portfolios. FORTIS solutions provide a promise of roof performance and financial certainty, guaranteed. These proven solutions save money and reduce capital spending, while providing proven performance, and significant return on investment (ROI). FORTIS works with customers for Environmental, Social and Governance (ESG) commitments, including Solar Integration, Carbon Credits and more. For more information, visit on the web at www.fortis.us.com or call 720-505-2600.
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SOURCE FORTIS | https://www.mysuncoast.com/prnewswire/2022/07/28/fortis-warranty-becomes-fortis-branding-initiative/ | 2022-07-28T17:08:40Z |
Sacramento shooting leaves multiple victims, police say
Published: Apr. 3, 2022 at 6:23 AM CDT|Updated: 7 minutes ago
SACRAMENTO, Calif (AP) — Police in Sacramento say multiple victims have been reported after a shooting in the city’s downtown.
The Sacramento Police Department says the shooting happened early Sunday morning. The conditions of the victims were not immediately known.
Video posted on Twitter showed people running through the street as the sound of rapid gunfire could be heard in the background. Video showed multiple ambulances had been sent to the scene.
Police provided few details about the circumstances surrounding the shooting but said in a tweet that a “large police presence will remain and the scene remains active.”
Phone messages seeking comment were left with the Sacramento police.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/03/sacramento-police-says-multiple-victims-reported-shooting/ | 2022-04-03T12:23:10Z |
NEW YORK, July 14, 2022 /PRNewswire/ -- Even as signs of a forthcoming recession mount, the Great Resignation's momentum continues. A new survey reveals that one-third of workers are still actively looking for a new job.
The Conference Board survey set out to determine if those who had left their jobs had any regrets. The resounding answer? No. Indeed, 94 percent of those who left their company in the last year do not regret their choice to leave. But given the chance to return to their previous organization, a quarter say they likely would.
"Despite worries of a recession—and the hiring slowdown and layoffs that often result from a downturn—the labor market remains strong. And this robust jobs market is continuing to empower workers," said Rebecca Ray, PhD, Executive Vice President of Human Capital at The Conference Board. "Our survey results reveal they continue to want more flexibility and higher pay, and they'll go elsewhere to attain these benefits. But slowing economic growth makes the decision to jump ship riskier. To retain talent, companies should work with their employees to determine to what extent they can accommodate their needs."
The latest workforce survey from The Conference Board captured the thoughts of more than 1,100 individuals—predominantly professional/office workers—from June 21-28. Respondents weighed in on their plans and reasons to stay or leave their organization.
Key findings include:
The Great Resignation isn't over: One-third of workers are looking for a new job.
Are you planning to leave your organization in the next 6 months?
- 31 percent of respondents are actively looking for a new job.
- Another 28 percent are unsure if they will leave their company in the next six months.
- Only 38 percent indicated they would like to stay with their current company.
No regrets: Those who quit are satisfied with their decision.
If you left your organization in the past 12 months, do you regret leaving?
- 94 percent of those who left their company in the past 12 months do not regret leaving.
One in four would return to their previous organization if given the chance.
If offered the opportunity to return to your previous organization, how likely are you to accept?
- 23 percent say they are somewhat or highly likely to accept a role at their previous organization if offered.
- More people of color would accept an offer to return to a new job at their previous organization.
Flexibility was among the top reasons workers quit their jobs.
If you voluntarily left your organization for another job, what were your reasons? Which of the following reasons would influence your decision to stay with your organization?
- 17 percent of workers voluntarily left their company within the last year for a flexible work location, flexible work schedule, or the ability to work from home/anywhere.
- Other top reasons workers left their jobs were higher pay (22 percent) and career advancement (14 percent)—the usual drivers of job change.
- More flexibility, higher pay, and career advancement were also the top factors that would influence workers' decision to stay at their company:
Job fatigue is driving workers to quit—especially women and Millennials.
If you voluntarily left your organization for another job, what were your reasons?
- More than one in 10 workers (11 percent) quit their jobs over the last year because of job fatigue due to workload.
- A quarter of Millennials quit because of job fatigue—more than twice the rate of Baby Boomers (25 percent versus 11 percent).
- A quarter of women (25 percent) quit because of job fatigue, compared to 13 percent of men.
"Employees are voting with their feet to gain flexibility. But with flexibility must come boundaries," said Robin Erickson, PhD, Vice President of Human Capital, The Conference Board. "Combine the ability to work any time with heavier workloads as colleagues resign amid the Great Resignation, and it's no surprise we've seen a severe increase in employees who are overwhelmed at work. And now, this survey reveals that more than one in 10 are quitting because of it. Managers should regularly monitor their employees' workload to ensure it is manageable."
One in four Millennials quit their job within the last year.
What best describes your current work situation compared to one year ago?
- 23 percent of Millennials are employed at a different organization than one year ago, compared to 13 percent of respondents overall.
- Millennials left their jobs at more than three times the rate of Baby Boomers (23 percent versus 7 percent).
Money talks: Millennials want higher pay.
Which of the following reasons would influence your decision to stay with your organization? If you left your organization in the past 12 months for another job, which best describes your new cash compensation package?
- Three in four Millennials (74 percent) say higher pay would influence their decision to stay with their organization.
- That's compared to only 52 percent of Gen X and 47 percent of Baby Boomers.
- Of those who changed companies in the last year, Millennials received a 30 percent or higher pay bump at three times the rate of Baby Boomers (13 percent versus 4 percent).
The main driver of CEO turnover: The company's mission and purpose.
If you voluntarily left your organization for another job, what were your reasons?
- 45 percent of CEOs who left their organization did so for a stronger connection to mission and purpose—the top response of CEOs. That's compared to only 14 percent of individual contributors.
- 36 percent left because they had greater faith in the positive trajectory of their new company. That's compared to 11 percent of individual contributors.
Individual contributors are seeking flexibility and higher pay.
If you voluntarily left your organization for another job, what were your reasons?
- Individual contributors quit for more flexibility at two times the rate of CEOs (37 percent versus 18 percent).
- Individual contributors would be influenced to stay at their organization for higher pay at nearly three times the rate of CEOs (61 percent versus 22 percent).
About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org
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SOURCE The Conference Board | https://www.wibw.com/prnewswire/2022/07/14/survey-despite-risk-recession-one-third-workers-still-plan-quit-their-jobs/ | 2022-07-14T14:39:35Z |
GREENVILLE, S.C., June 21, 2022 /PRNewswire/ -- DOM360, an industry-leading, full-service digital marketing agency and AI software company that generates millions of leads for automotive dealerships across the country, announced its recent success in creating a one-of-a-kind digital campaign with Qvale Automotive Group, headquartered in West Palm Beach, FL, that resulted in more than a $547,000 (968%+) increase in new revenue.
Early in 2021, Qvale developed a new service department process that was more transparent for its customers and unique in the industry. With fewer cars in operation and a shortage of inventory amidst surging demand, Qvale embraced digital tools and created a more robust customer experience. From the customer perspective, auto service has often caused uncertainties. Uncertainties about knowing what repairs are necessary and the breakdown of costs versus wait and see.
"Creating the best customer service has been the core of what we do best. Launching an exceptional and digital car-buying experience needed to extend to a more positive service and repair program. We knew we had the right idea in mind and needed our vendor partners to help make our vision real. We cannot be more pleased with the results and continuing to build on our innovative excellence," said Geno Walsh, Qvale Executive Manager of Operations.
Qvale identified and selected three vendor partners focused on what DOM360 calls vision, collaboration and customization. The first vendor provided technology for both the consumer and Qvale. This technology offers a video and summary of repair needs from the service team to the customer who gets to approve or decline. This removes uncertainty, providing full transparency and a highly robust and easy service process for both the customer and the dealership.
The second vendor selected compiled data to enable actionable insights, showing what vendors or partners are doing for you so you can properly plan your budget.
Qvale, having established a long-term relationship with DOM360, brought the DOM360 team to the table to create a brand for Qvale's new innovative service process along with a series of campaigns to drive awareness and service appointments for their dealerships. DOM360 is known for its ability to collaborate and customize with its client partners to define an innovative approach with guaranteed results.
"When we first engaged with Geno and Qvale regarding this unique opportunity, we knew the measure of success would result from building on our existing and developing new partnerships, calling upon our years of agency expertise. Within a couple of weeks, we developed custom creative and utilized the latest digital media tactics to launch Qvale's service program that resulted in a 968%+ return on investment within the first 90 days. Through the power of partnership, we combined the right vision, customized the right strategy and accelerated collaboration for this big win," said Robert Donovan, CEO of DOM360.
DOM360 developed a customized branding story through video, website, email, social media and SEO/SEM tactics, leading to substantial results that continue to grow beyond the established timeline campaign parameters.
DOM360 is a full-service agency and AI software industry leader that generates millions of leads for dealerships across the country. The agency has been focusing exclusively on the automotive sector for more than a decade and has corporate partnerships with Toyota and Lexus, as well as partnerships with over one hundred Tier 3 dealer groups across the country. Founded by Robert Donovan in 2008, DOM360 has offices in Greenville, SC, and Boca Raton, FL.
For more information visit: www.dom360.com.
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SOURCE DOM360 | https://www.mysuncoast.com/prnewswire/2022/06/21/dom360-qvale-automotive-group-launch-new-innovative-service-department-promotional-campaign-with-huge-success/ | 2022-06-21T05:31:21Z |
Platform Enables Athletes And Artists To Take Control Of Their Brand, Value and Revenue With Direct Access To Fans; Already Used By A Deep Bench Of Top Athletes
SYDNEY, Sept. 7, 2022 /PRNewswire/ -- Immutable X, an industry-leading NFT minting and trading platform and the world's first Layer 2 rapid-scaling solution on Ethereum, today announced a partnership with Personal Corner, a platform that enables fans to purchase NFTs directly from star athletes and artists. Immutable's fast, gas-free and carbon neutral platform will power the Personal Corner marketplace to enable athletes to leverage web3 and increase revenue by selling NFTs in a direct-to-consumer model.
Founded in 2016 by NFL star Dez Bryant, Personal Corner was built by athletes for athletes, and offers a gamified experience that up-levels NFTs based on athlete's real-time game stats. The platform boasts a deep bench of sports stars that include Trevon Diggs, Von Miller, Maxx Crosby, Marquise "Hollywood" Brown, Matthew Judon, Justin Jefferson, Deandre Hopkins, Darius Slay, Marlon Humphrey, Joe Haden, Ahmad "Sauce" Gardner and more, in addition to numerous NCAA stars.
Using Personal Corner, sports fans, NFT enthusiasts, sports gaming fans and fantasy sports players will have direct access to digital and physical items, including memorabilia, IRL experiences, merchandise and more, delivered from their favorite athletes. At the same time, Personal Corner delivers its athletes and artists educational resources to help them best manage their brands and optimize the financial opportunities available to them.
"Personal Corner aims to be the go-to source for athletes and artists in web 3 who want to manage their personal brands and fully capitalize on the value of their content," said Dez Bryant. "For too long, the balance of power and significant revenue opportunity has been with social media platforms that capitalize on the value of athletes, artists and other content providers. This changes today thanks to our partnership with Immutable, and our ability to leverage its innovative, industry-leading platform that helps forge direct-to-fan relationships."
"Immutable is hyper-focused on bringing millions of consumers to web3, and we're excited that our new partnership will empower Personal Corner to onboard the next million sports and entertainment fans," said Robbie Ferguson, Co-Founder of Immutable. "We look forward to offering sports fans a seamless end-to-end NFT experience, enabling them to easily create wallets, purchase NFTs and trade gas-free on the Personal Corner marketplace."
Immutable is the fastest Australian company to reach unicorn status — earlier this year, Immutable announced a $200 million series C fundraising round led by Temasek, and included Tencent and Animoca Brands. The company is valued at $2.5 billion and plans to use the funds to help drive its global expansion.
To learn more about Immutable visit: https://www.immutable.com/
For information on career opportunities at Immutable: https://www.immutable.com/careers/
You can find Immutable on social media: LinkedIn, Twitter, Medium, Discord Instagram
Immutable is a global blockchain technology company with a mission to bring asset ownership and commerce alive in digital worlds through the power of immutable NFTs. The Immutable Group consists of Ethereum-scaling Layer 2 platform Immutable X and Immutable Games Studio with leading titles Gods Unchained and Guild of Guardians.
Immutable is advancing the next generation of web3 games through Immutable X. Leveraging ZK roll-up technology from Starkware, Immutable X has grown to become the leading platform to mint, trade and scale web3 games and NFT projects on Ethereum, offering builders and innovators a carbon-free, no gas fee solution with unlimited speed, scalability, security, and liquidity. Immutable X is the platform of choice for world-class web3 games such as Guild of Guardians, Illuvium, Embersword, Planet Quest and many more.
Personal Corner was established in 2016 to provide solutions for athletes and influencers in building personal brands in both the physical and digital space. Built by athletes for athletes, the team imagined a one stop platform to help those in need of elevating their brand and connecting with their fanbase in a simplified way. With the use of innovative technology and progressive ideation, Personal Corner provides just that. Personal Corner aims to position itself as the go to unified marketplace for all personally branded items both physical and digital to the largest names of influence in sports, entertainment, music, artistry and more.
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SOURCE Immutable | https://www.kxii.com/prnewswire/2022/09/07/dez-bryants-personal-corner-partners-with-immutable-x-leverage-web3-power-athlete-to-fan-nft-platform/ | 2022-09-07T19:25:58Z |
PITTSBURGH, April 8, 2022 /PRNewswire/ -- "I wanted to create a solar powered, automatic and remote method for completing landscaping tasks," said an inventor, from Jacksonville, Fla., "so I invented the SCOBY MOWER. My design eliminates the time and hassle associated with manually cutting grass, trimming weeds, mulching leaves, and spreading seeds."
The patent-pending invention provides an effortless way to cut grass, trim weeds and mulch leaves. In doing so, it offers an alternative to manually completing yard work. As a result, it saves time and effort and it increases efficiency and safety. The invention features a multi-functional design that is easy to control and use so it is ideal for households, landscapers, etc.
The original design was submitted to the Jacksonville sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JXA-105, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/04/08/inventhelp-inventor-develops-automatic-way-complete-yard-tasks-jxa-105/ | 2022-04-08T16:19:05Z |
Personalized Stationery Makes The Perfect Gift for Mom!
BUFFALO GROVE, Ill., April 7, 2022 /PRNewswire/ -- The Stationery Studio (www.thestationerystudio.com/) was thrilled to be included in the TODAY show's Mother's Day edition of "Steals & Deals" with TODAY show contributor Jill Martin showcasing their personalized stationery sets. Martin said, "This I love. I love a handwritten note."
The Stationery Studio offered TODAY show viewers a generous set of 60 notecards for $42.00. This deal was 60% off of the $105 retail price. With a choice of 24 personalized styles, there is something for every type of Mom. These stationery sets include matching blank envelopes. Each set of 60 personalized flat note cards includes 3 different designs (20 of each) 20 wide cards: 7 1/4" x 33/4", 20 medium cards: 5 1/2" x 4 1/4" and 20 petite cards: 3 3/8" x 4 7/8" and come in a beautiful gift box with tissue ready for gifting.
These personalized note card sets make a great gift for not only Mother's Day, but for graduation, bridal showers, Father's Day and more. TODAY show co-anchor Savannah Guthrie said, "Now is the time to start shopping. It's a splurge you necessarily wouldn't buy for yourself." Martin added, "Everyone who gets this gift, loves it."
About TheStationeryStudio.com
The Stationery Studio is the leader in premier online personalized stationery and gifts. TheStationeryStudio.com features more than 15,000 products that have been featured frequently in national press outlets including Associated Press, Bustle, the TODAY show, Good Housekeeping, People Magazine, Cheddar, Real Simple, The Washington Post and more. Celebrity fans of The Stationery Studio include Kim Kardashian, Elizabeth Banks and Julie Bowen. The Stationery Studio socials: Facebook, Instagram, TikTok, Snapchat and YouTube.
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SOURCE The Stationery Studio, LLC | https://www.kxii.com/prnewswire/2022/04/07/today-show-steals-amp-deals-features-mothers-day-stationery-60-off/ | 2022-04-07T22:43:55Z |
Starlight Children's Foundation and CoachArt launch STEAM Education Program
LOS ANGELES, April 13, 2022 /PRNewswire/ -- Starlight Children's Foundation, in partnership with CoachArt, officially launched Starlight Online STEAM Coaching, offering chronically ill kids and their siblings online lessons focused on science, technology, engineering, art and math (STEAM). These one-on-one or group lessons are available to children ages 5-18 – free of charge – no matter where they are with an internet connection.
Before the official launch, the team piloted STEAM Coaching with a small group of hospital partners, highly engaged in Starlight's education program, comprising learning materials, books and supplies. The group gained valuable feedback about the program through the pilot from patients' families, including Lacey Groff, the mother of 10-year-old twins Zoe and Chloe.
According to Groff, the Starlight Online STEAM Coaching was a rewarding experience for Zoe, helping boost her confidence in building relationships. Her twin sister, Chloe, also participated in the STEAM lessons.
Zoe is no stranger to hospitals. Born 34 weeks premature and with hypoplastic left heart syndrome (HLHS) – a severe condition where half of the heart is underdeveloped – the family took a gamble on a risky open-heart surgery when she was just 4 days old. The surgeon told Groff that Zoe's survival rate would be slim. Fortunately, the gamble paid off for the family. However, Zoe continues to battle through her complex medical journey, including two additional open-heart surgeries, several gut surgeries, a bleeding disorder, and functional rumination syndrome, among many others.
During one of her hospital visits at the University of Nebraska Medical Center in Omaha, near her hometown, the child life specialist handed Groff a STEAM Coaching flyer and explained how patients are matched with vetted volunteer coaches teaching STEAM subjects, including baking. Zoe, who is often shy and quiet, got excited about the opportunity to take one-on-one baking lessons and registered.
On the day of her first lesson, Zoe ended up in the hospital. Unsure of how this arrangement would work, Groff considered canceling. However, through the coach's creativity and the hospital staff's support, Zoe continued with her first baking lesson.
"The two ended up making chocolate-covered strawberries. The nurses were accommodating, letting us use the microwave to melt the chocolate. It was overwhelming in a good way, and Zoe was thrilled that we didn't have to cancel the lessons," Groff said.
Canceling and postponing activities is something Zoe has gotten used to because of frequent hospitalizations and doctor appointments. But, for once, this was a comforting change.
As her condition worsened, Zoe was referred to the Mayo Clinic in Rochester, Minnesota, 400 miles away from her home in Lincoln, Nebraska. In the ensuing days, she was admitted for functional rumination syndrome, a gastrointestinal disorder that causes vomiting. Unfortunately, this also meant that the twins would again be separated.
With the accessibility of Online STEAM Coaching, Zoe could continue her lessons in a different hospital out of state.
Like Zoe, her coach is also on a food-restricted diet for medical reasons. Having this shared experience bonded the two. To celebrate Zoe's birthday on March 12, her coach adapted a recipe, enabling her to bake and eat a cake on her special day. It truly was a special occasion for Zoe, who dreaded a birthday without a cake and her twin sister next to her.
The program comprises eight one-hour long lessons, at times convenient for both the student and coach. However, it's been such a positive experience for Zoe that they've extended the lessons.
"There's been a tremendous connection between them, and it's worked out so well," Groff said. "The STEAM Coaching sessions were supposed to be four weeks. We're on our third month with the same coach."
According to Groff, Chloe's experience started strong, but with her mom and sister gone for many weeks, they had to put things on hold until they came back from Rochester. With the family together again in Lincoln, Chloe recently connected with her new coach and is looking forward to restarting arts and crafts lessons.
Adam Garone, CEO of Starlight Children's Foundation, said, "Zoe's story is an excellent example of how chronically ill kids and their siblings can benefit from Online STEAM Coaching. This program connects kids to coaches no matter where they are, engaging them in learning activities that they choose while promoting creative problem-solving skills. We're proud of this initiative and grateful for the partnership with CoachArt, helping us in our mission to deliver happiness to more kids like the Groffs."
The Los Angeles-based nonprofits started the partnership over a year ago when Garone and his team looked to expand their educational program to help close the gap when serious illness disrupts extracurricular and academic activities for chronically ill children.
According to Garone, it was a perfect match. Starlight was looking to leverage CoachArt's infrastructure matching kids to volunteer coaches, while CoachArt was looking to grow nationally through Starlight's network of over 800 hospital partners. The group also expanded the curriculum to include other subjects beyond the original model that only offered art and athletic lessons. So, STEAM Coaching was born.
Greg Harrell-Edge, executive director of CoachArt, said, "Thanks to our partnership with Starlight, more kids impacted by childhood chronic illness have more options to learn and grow together than ever before."
Volunteer coaches can register here, selecting the subjects they want to teach. As part of the registration process, volunteers are required to complete a background check. In addition, the group provides lesson plans for the coaches and supplies for both the coaches and students.
"STEAM Coaching is a great program. It helps keep patients busy and engaged, so they're not focused on being in the hospital or being away from siblings," Groff said.
Local communities can also play a part in Starlight's education program. Donations are being accepted on the website by clicking here or visiting starlight.org/education.
About Starlight Children's Foundation
Starlight Children's Foundation is a 501(c)3 organization that delivers happiness to seriously ill or injured children and their families. Since 1982, Starlight's ground-breaking and innovative programs, like Starlight Virtual Reality, Starlight Hospital Wear, and Starlight Gaming, have impacted 21 million kids at more than 800 children's hospitals across the U.S.
To learn more and to help Starlight deliver happiness to seriously ill kids, visit www.starlight.org and follow Starlight on Facebook, Instagram, and Twitter.
Contact: Rick Jardiolin, Director of Public Relations & Communications
424-245-3675 | rick.jardiolin@starlight.org
About CoachArt
CoachArt is a 501(c)3 organization that creates a transformative arts and athletics community for families impacted by childhood chronic illness. Since 2001, CoactArt has matched volunteer coaches with kids for free one-to-one or group lessons in arts and athletics, and provided all lesson materials. To get involved, please visit coachart.org. Follow CoachArt on Facebook, Instagram, Twitter, and LinkedIn.
Contact: Ben Carlson, Public Relations
415-497-9342 | ben@coachart.org
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SOURCE Starlight Children's Foundation | https://www.kxii.com/prnewswire/2022/04/13/nonprofits-offer-kids-hospitals-across-country-opportunities-continue-learning-through-free-online-lessons/ | 2022-04-13T20:05:09Z |
CAMARILLO, Calif., June 22, 2022 /PRNewswire/ -- Synthetic grass has become one of the leading landscaping solutions for homes with pets, kids, or parties. By pairing the natural, verdant look of grass with the durability of synthetic fibers, artificial turf landscaping is the perfect solution for homeowners who love to entertain. One couple in Camarillo, CA enlisted the help of Turf Exchange to install synthetic grass turf ribbons around their flagstone pavers for a durable yet luxurious backyard entertaining space.
Turf Exchange recently installed more than 1,800 square feet of Synthetic Grass Warehouse's Sierra Pro Clear Permeable artificial turf in a home in Camarillo, CA. TigerTurf Sierra Pro Clear Permeable artificial grass features a dual coloring of field green and field apple green blade tones with brown thatch, and it has a pile height of 1.75 inches. With a 73-ounce face weight, it is ideal for moderate to heavy foot traffic. The innovative Omega fiber shape provides enhanced durability and a soft touch that is ideal for homes with kids, pets, or lots of entertaining. It's also manufactured with UV inhibitors for long-lasting color that won't fade with extended exposure to sunlight. All synthetic grass products from SGW are non-toxic, lead-free, and will drain at a rate of 30 inches of rain per hour per square yard.
Turf Exchange was tasked with installing synthetic grass around 39 flagstone pavers in their client's Camarillo backyard in order to create an elegant and relaxing entertaining space. Having to work around the uniquely-shaped pavers posed a challenge for Turf Exchange, but the end result exceeded the client's expectations. With one dog and lots of entertaining, they needed a durable landscape solution that would impress. By combining durable yet verdant synthetic grass with hard-wearing pavers, Turf Exchange was able to give their client the backyard oasis of their dreams.
Founded by industry executives with expertise in a wide range of related fields, Turf Exchange proudly delivers high-performance artificial grass installations to Southern California residents. Turf Exchange is committed to supporting the state of California both economically and environmentally, sourcing all of its products from California-based suppliers that manufacture in-state. In addition to synthetic grass, Turf Exchange also specializes in gravel installation.
Turf Exchange is Synthetic Grass Warehouse's "Install of the Month" winner for June 2022.
Turf Exchange proudly serves Southern California residents from Santa Barbara to the South Bay. Having been in business for over a decade, Turf Exchange proudly offers a complete range of low-maintenance, high-performance, alternative turf solutions for residential or commercial spaces. You can learn more about Turf Exchange and view its other installations by visiting www.turfexchange.com. They can also be found on Facebook (@turfexchange) and Instagram (@turfexchange).
Synthetic Grass Warehouse is the exclusive national distributor for TigerTurf and Everlast brands of artificial grass products. Founded in 2004, Synthetic Grass Warehouse specializes in turf products designed for landscaping, pets, putting greens, and playgrounds. SGW provides same-day shipping on all turf orders. Learn more at https://www.syntheticgrasswarehouse.com.
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SOURCE Synthetic Grass Warehouse, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/22/sgw-artificial-turf-creates-an-elegant-backyard-entertaining-haven/ | 2022-06-22T12:28:33Z |
Johnny Depp’s attorneys rest their case in defamation trial against Amber Heard
By Sonia Moghe, CNN
After 13 days of testimony, attorneys for Johnny Depp have rested their case in their defamation trial against Amber Heard.
Depp is suing Heard, his ex-wife, alleging that a 2018 op-ed she penned defamed him and caused him to lose work in Hollywood.
Jurors have heard from more than two dozen witnesses called by Depp’s attorneys including Depp himself. Many testified about explosive fights between the two.
Depp’s final, forensic accountant Mike Spindler, testified Tuesday about his analysis of the earnings Depp lost as a result of the 2018 op-ed.
“I concluded that Mr. Depp suffered lost earnings of approximately $40 million,” Spindler testified.
Attorneys for Heard are expected to present a motion to strike.
The procedural move, in which Heard’s team would argue she should not found liable, is common in civil cases and is done to preserve appellate rights.
Judge Penny Azcarate could decide to hear arguments on the motion immediately or schedule them for a later time.
If the case moves forward, as is expected, attorneys for Heard will begin presenting her case with testimony from psychologist Dawn Hughes.
Hughes previously testified as an expert in abusive relationships in the trials of Nxivm founder Keith Raniere and singer R. Kelly, helping secure both of their convictions.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-entertainment/2022/05/03/johnny-depps-attorneys-rest-their-case-in-defamation-trial-against-amber-heard/ | 2022-05-03T16:30:31Z |
STOCKHOLM, May 16, 2022 /PRNewswire/ -- On Thursday, Inna Braverman, CEO of Eco Wave Power Global AB (publ), a leader in the production of clean electricity from ocean and sea waves (Nasdaq: WAVE, Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), visited Port Adriano on the island of Mallorca, Spain, a month after the Company signed an agreement to install an up to 2 megawatt (MW) wave energy project at the location. The installation will be the first application of Eco Wave Power's wave energy technology in Spain and will produce clean electricity from waves to be used by Port Adriano, one of the most modern marinas in the Mediterranean and an exceptional base for superyachts.
During her visit, Braverman met with Antonio Zaforteza, CEO of OCIBAR (the company that owns and operates Port Adriano), and the Port engineering team to tour and discuss the logistics and implementation plan for the project. The Parties have agreed that the project will commence with a detailed feasibility study and project licensing, which the parties aspire to secure by the end of 2022.
Upon completion of such steps, Eco Wave Power will move forward to the detailed project planning phase to be followed by actual construction. The project's construction timeline, from the moment that planning is fully completed, is expected to be between 18 to 24 months.
Eco Wave Power's floaters will directly connect to the 500-meter breakwater at Port Adriano and to the nearby substations of the port.
The power plant is planned to be constructed and commissioned in two stages:
- the first stage is the construction of a plant of up to 1MW; and
- the second stage involves the construction, operation, and maintenance of the remaining capacity of the plant (2 MWs).
Port Adriano will have a right of first refusal to invest partially or fully in both stages of the project, and Eco Wave Power will have the right to combine the two stages of the project and execute the whole 2MW from the start.
"Eco Wave Power is proud to be a catalyst in Spain's efforts for a more renewable future," said Braverman. "There is tremendous opportunity in wave energy, and with Spain's vast coastline, we are excited to help unlock such significant potential. We are also very pleased to do so specifically in Port Adriano, which is a pioneering and innovative port in Spain. I am grateful for the warm welcome and collaboration with everyone at Port Adriano and look forward to making our project a reality."
In May 2021, Spain enacted its first climate law, committing the country to an electricity system where 74 percent of the country's energy is generated by renewable energy sources by 2030, scaling to 100 percent by 2050. With approximately 8,000 kilometers (4,970 miles) of coastline, Spain can turn to wave energy to help reach those goals.
"Port Adriano has a goal of being in the forefront of innovation, while contributing its part for the fight against climate change. As a port that operates on the island of Mallorca, wave energy simply makes sense. We have the breakwater for the project and the necessary substations in proximity to the breakwater to enable an easy and efficient construction and connection to the grid," said Zaforteza, whose company, OCIBAR, owns and operates Port Adriano. "We're proud to be the future home of the first Eco Wave Power project in Spain."
The 2MW project is expected to operate for an initial period of 20 years at Port Adriano. Eco Wave Power has additional near-future projects planned in Israel, Portugal and the United States.
About Eco Wave Power Global AB (publ)
Eco Wave Power is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
Eco Wave Power is recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and was labelled as an "Efficient Solution" by the Solar Impulse Foundation. Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program. The Company has also received the "Global Climate Action Award" from the United Nations.
Eco Wave Power's common shares (ECOWVE) are traded on Nasdaq First North and its ADSs (WAVE) are traded on the Nasdaq Capital Market. For more information, visit: www.ecowavepower.com
Vator Securities is the company's Certified Advisor (+46 8 580 065 99, ca@vatorsec.se).
Information on, or accessible through, the websites mentioned above does not form part of this press release.
For more information, please contact:
Inna Braverman, CEO
+97235094017
For additional investor/media inquiries, please contact:
Investor Contact:
Matt Chesler, CFA
FNK IR
+1.646.809.2183
Media Inquiries:
Jacob Scott, Vectis Strategies
+1.412.445.7719
About OCIBAR/Port Adriano
Port Adriano is a marina belonging to Ocibar, a Spanish company specialized in the construction and management of marinas and refit areas. Ocibar operates a network of marinas in four strategic locations in the Mediterranean: Port Tarraco (Tarragona), Port Adriano (Mallorca), Botafoc (Ibiza) and Marina Santa Eulalia (Ibiza).
Situated in a privileged setting in the south-west of the bay of Palma de Mallorca, near the best sailing areas of the Balearic Islands, Port Adriano is a reference port in the Mediterranean. It has a total of 488 moorings between six and 80 meters and a modern shopping area designed by the prestigious Philippe Starck.
Read more about Port Adriano at: www.portadriano.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other U.S. federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "aspires" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Eco Wave Power is using forward-looking statements when it discusses the plans and timeline for its project with the Port of Adriano, Spain's renewable energy goals and the Company's belief that there is an opportunity to be a catalyst in Spain's renewable energy efforts. Except as otherwise required by law, Eco Wave Power undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting Eco Wave Power is contained under the heading "Risk Factors" in Eco Wave Power's Annual Report on Form 20-F for the year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (the "SEC") on April 28, 2022, which is available on the SEC's website, www.sec.gov.
This information was brought to you by Cision http://news.cision.com
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SOURCE EWPG Holding AB (publ) | https://www.kxii.com/prnewswire/2022/05/16/inna-braverman-ceo-eco-wave-power-conducts-site-visit-port-adriano-mallorca-promote-its-first-wave-energy-project-spain/ | 2022-05-16T14:50:06Z |
Very low fares between BNA and HVN start at $49*
NASHVILLE, Tenn., May 6, 2022 /PRNewswire/ -- Avelo Airlines today begins serving its first Tennessee destination — Nashville — with nonstop service to Southern Connecticut. Avelo is the first airline offering nonstop flights between Music City and New Haven. Introductory one-way fares between Nashville International Airport (BNA) and Southern Connecticut's most convenient airport — Tweed-New Haven Airport (HVN) — starting at $49* are available at AveloAir.com.
Avelo Chairman and CEO Andrew Levy said, "It's officially time to say Hello Avelo, Nashville! We are excited to start our nonstop service to Southern Connecticut. With our low fares and HVN's unmatched convenience, Avelo makes getting to Connecticut and all the region has to offer easier than ever. We look forward to connecting Music City to HVN and Avelo's rapidly expanding national network of popular destinations."
Avelo will operate Boeing Next-Generation 737 aircraft on this route and the route will operate four days per week: Monday, Wednesday, Friday and Saturday. Flight days and times below:
Nashville International Airport Executive Vice President and Chief Operating Officer, Robert Ramsey said, "The addition of this new nonstop flight to New Haven speaks volumes about the strength in air travel and the importance of strategic air service partnerships to meet the needs of passengers. Travelers are just one flight away from the 'Cultural Capital of Connecticut' to Music City."
The New Haven Way to Connecticut
Amidst the crowds, long lines, lengthy walks and traffic congestion encountered at other airports frequented by travelers to and from the region, HVN offers a refreshingly smooth and simple alternative hometown airport experience. HVN's adjacency to multiple major highways and commuter railways make it Connecticut's most convenient and easily accessible airport.
"We always said, 'if we build it, they will come' and since Avelo launched service last fall record numbers of people have been coming in and out of HVN," said Sean Scanlon, Executive Director of Tweed-New Haven Airport. "We are so excited to be launching these new routes and for the bright future that is our growing partnership with Avelo."
Best known as the home of Yale University, New Haven is the second largest city in Connecticut and is part of the New York metropolitan area. The coastal city has experienced—and continues to enjoy—a renaissance. Within an easy stroll from the New Haven Green are more than 100 distinctive restaurants, offering something for every palate, and the city abounds with theaters, museums, and shopping destinations to satisfy all interests and tastes.
New Haven has a rich cultural heritage, from museums and theatres to music festivals and entertainment throughout the year, including the New Haven Jazz Festival, the annual St. Patrick's Day Parade, and the Wooster Square Cherry Blossom Festival that regularly bring thousands of visitors to the city.
A Different, Better and More Affordable Travel Experience
At Avelo, there are no change or cancellation fees, as well as no charge for Customers who choose to make reservations by phone. Additionally, Avelo offers several unbundled travel-enhancing options that give Customers the flexibility to pay for what they value, including priority boarding, checked bags, carry-on overhead bags, and bringing a pet in the cabin.
The single-class, fuel-efficient Boeing Next Generation 737 mainline jets Avelo operates offer a more spacious and comfortable experience than the regional jets that historically served this airport. Customers may choose from several seating options, including seats with extra leg room, as well as pre-reserved window and aisle seating.
Avelo is distinguished by its Soul of Service culture. The culture is grounded in a "One Crew" mindset that promotes a welcoming and caring experience. By caring for one another and owning their commitments, Avelo Crewmembers focus on anticipating and understanding Customer needs on the ground and in the air.
About Avelo Airlines
Avelo Airlines was founded with a simple purpose — to Inspire Travel. The airline offers Customers time and money-saving convenience, very low everyday fares, and a refreshingly smooth and caring experience through its Soul of Service culture. Operating a fleet of Boeing Next-Generation 737 aircraft, Avelo currently serves 27 popular destinations across the U.S., including its three bases at Los Angeles' Hollywood Burbank Airport (BUR), Southern Connecticut's Tweed-New Haven Airport (HVN) and Orlando International Airport (MCO). For more information visit AveloAir.com or the Avelo Newsroom at AveloAir.com/Newsroom.
*The one-way introductory fares include government taxes and fees. The introductory fares are available on flights between BNA and HVN. The introductory fares must be booked by May 12, 2022. Introductory one-way fares start at $69 on flights operating between May 26, 2022, and September 7, 2022. Introductory one-way fares start at $49 on flights operating between September 8, 2022, and November 9, 2022. Blackout dates will apply. These introductory fares are available on a limited number of flights and seats. Additional fees for carry-on and checked bags, assigned seats and other optional services may apply. For full terms and conditions, please see Avelo's Contract of Carriage.
Media Contacts
Avelo Airlines
Courtney Goff
cgoff@aveloair.com
Nashville International Airport
Stacey Nickens
stacey.nickens@flynashville.com
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SOURCE Avelo Airlines | https://www.kxii.com/prnewswire/2022/05/06/hello-avelo-avelo-airlines-takes-flight-nashville-new-haven/ | 2022-05-06T11:46:37Z |
BLOOMFIELD HILLS, Mich., Sept. 13, 2022 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.234 per common share. The monthly dividend reflects an annualized dividend amount of $2.808 per common share, representing a 7.8% increase over the annualized dividend amount of $2.604 per common share from the third quarter of 2021. The dividend is payable October 14, 2022 to stockholders of record at the close of business on September 30, 2022.
Additionally, the Company's Board of Directors has authorized, and the Company has declared, a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, which is equivalent to $1.0625 per annum. The dividend is payable October 3, 2022 to stockholders of record at the close of business on September 23, 2022.
About Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2022, the Company owned and operated a portfolio of 1,607 properties, located in all 48 continental states and containing approximately 33.8 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC". For additional information on the Company and RETHINKING RETAIL, please visit www.agreerealty.com.
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SOURCE Agree Realty Corporation | https://www.kxii.com/prnewswire/2022/09/13/agree-realty-declares-monthly-common-preferred-dividends/ | 2022-09-13T21:44:53Z |
SHANGRAO, China, April 21, 2022 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2022 before the open of U.S. markets on Thursday, April 28, 2022.
JinkoSolar's management will host an earnings conference call on Thursday, April 28, 2022 at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing / Hong Kong the same day).
Dial-in details for the earnings conference call are as follows:
Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.
A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, May 5, 2022. The dial-in details for the replay are as follows:
Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar's website at http://www.jinkosolar.com.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 32.5 GW for mono wafers, 24 GW for solar cells, and 45 GW for solar modules, as of December 31, 2021.
JinkoSolar has 12 productions facilities globally, 22 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE and Denmark, and global sales teams in China, the United States, Canada, Germany, Switzerland, Italy, Japan, Australia, Korea, India, Turkey, Chile, Brazil, Mexico and Hong Kong, as of December 31, 2021.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE JinkoSolar Holding Co., Ltd. | https://www.wibw.com/prnewswire/2022/04/21/jinkosolar-report-first-quarter-2022-results-april-28-2022/ | 2022-04-21T06:09:59Z |
‘Very angry’: Uvalde locals grapple with school chief’s role
UVALDE, Texas (AP) — The blame for an excruciating delay in killing the gunman at a Texas elementary school — even as parents outside begged police to rush in and panicked children called 911 from inside — has been placed with the school district’s homegrown police chief.
It’s left residents in the small city of Uvalde struggling to reconcile what they know of the well-liked local lawman after the director of state police said that the commander at the scene — Pete Arredondo — made the “wrong decision” last week not to breach a classroom at Robb Elementary School sooner, believing the gunman was barricaded inside and children weren’t at risk.
Steven McCraw, the head of the Texas Department of Public Safety, said at the Friday news conference that after following the gunman into the building, officers waited over an hour to breach the classroom. Nineteen children and two teachers were killed in the shooting.
Arredondo, who grew up in Uvalde and graduated from high school here, was elected earlier this month to the Uvalde City Council. A special City Council meeting for him and two re-elected incumbents to take their oaths of office had been set for Tuesday evening, but Mayor Don McLaughlin said Monday that the meeting wouldn’t be held. Then the mayor issued a Tuesday evening statement saying no ceremony had been held, but the members were sworn in Tuesday.
The 50-year-old Arredondo has spent much of a nearly 30-year career in law enforcement in Uvalde, returning in 2020 to take the head police job at the school district.
When Arredondo was a boy, Maria Gonzalez used to drive him and her children to the same school where the shooting happened. “He was a good boy,” she said.
“He dropped the ball maybe because he did not have enough experience. Who knows? People are very angry,” Gonzalez said.
Another woman in the neighborhood where Arredondo grew up began sobbing when asked about him. The woman, who didn’t want to give her name, said one of her granddaughters was at the school during the shooting but wasn’t hurt.
Juan Torres, a U.S. Army veteran who was visibly upset with reports coming out about the response, said he knew Arredondo from high school.
“You sign up to respond to those kinds of situations” Torres said. “If you are scared, then don’t be a police officer. Go flip burgers.”
After his election to the non-salaried spot on the City Council, Arredondo told the Uvalde Leader-News earlier this month that he was “ready to hit the ground running.”
“I have plenty of ideas, and I definitely have plenty of drive,” he said, adding he wanted to focus not only on the city being fiscally responsible but also making sure street repairs and beautification projects happen.
At a candidates’ forum before his election, Arredondo said: “I guess to me nothing is complicated. Everything has a solution. That solution starts with communication. Communication is key.”
McCraw said Friday that minutes after the gunman entered the school, city police officers entered through the same door. Over the course of more than an hour, law enforcement from multiple agencies arrived on the scene. Finally, officials said, a U.S. Border Patrol tactical team used a janitor’s key to unlock the classroom door and kill the gunman.
McCraw said that students and teachers had repeatedly begged 911 operators for help while Arredondo told more than a dozen officers to wait in a hallway. That directive — which goes against established active-shooter protocols — prompted questions about whether more lives were lost because officers didn’t act faster.
Two law enforcement officials have said that as the gunman fired at students, law enforcement officers from other agencies urged Arredondo to let them move in because children were in danger, The officials spoke on condition of anonymity because they had not been authorized to talk publicly about the investigation.
In his Monday statement, McLaughlin, the Uvalde mayor, pushed back on officials’ claims, including remarks made over the weekend by Texas’ lieutenant governor, that they weren’t told the truth about the massacre. McLaughlin said in that statement that local law enforcement hadn’t made any public comments about the investigation’s specifics or misled anyone.
But in his Tuesday statement, McLaughlin, noting that “emotions are raw, and hearts are broken,” said he “misunderstood” statements he thought Lt. Gov. Dan Patrick had said.
Arredondo started out his career in law enforcement working for the Uvalde Police Department. After spending 16 years there, he went to Laredo, a border city located 130 miles (209 kilometers) miles to the south, where he worked at the Webb County Sheriff’s Office and then for a local school district, according to a 2020 article in the Uvalde Leader-News on his return to his hometown to take the school district police chief job. The school district’s board of trustees approved his appointment to the spot.
According to the Uvalde school district’s website, the police force led by Arredondo also has five other officers and a security guard.
Ray Garner, the police chief of the district in Laredo where Arredondo worked, told the San Antonio Express-News in a story published after the Uvalde shooting that when Arredondo worked in the Laredo district he was “easy to talk to” and was concerned about the students.
“He was an excellent officer down here,” Garner told the newspaper . “Down here, we do a lot of training on active-shooter scenarios, and he was involved in those.”
Arredondo, who spoke only briefly at two short news conferences on the day of the shooting, appeared behind state officials speaking at news conferences over the next two days, but was not present at McCraw’s Friday news conference.
After that news conference, members of the media converged at Arredondo’s home and police cruisers took up posts there. Arredondo has not responded to multiple requests for comment from The Associated Press.
At one point, a man answering the door at Arredondo’s house told a reporter for The Associated Press that Arredondo was “indisposed.”
“The truth will come out,” said the man before closing the door.
On Tuesday, Travis Considine, chief communications officer for the Texas Department of Public Safety, said Arredondo had not responded to DPS interview requests for two days, Considine said.
State Sen. Roland Gutierrez, a Democrat whose district includes Uvalde, said on CNN’s “State of the Union” on Sunday that he’s asking a lot of questions after “so many things went wrong.”
He said one family told him that a first responder told them that their child, who was shot in the back, likely bled out. “So, absolutely, these mistakes may have led to the passing away of these children as well,” Gutierrez said.
Gutierrez said while the issue of which law enforcement agency had or should have had operational control is a “significant” concern of his, he’s also “suggested” to McCraw “that it’s not fair to put it on the local (school district) cop.”
“At the end of the day, everybody failed here,” Gutierrez said.
___
Associated Press writer Stengle contributed from Dallas, and also contributing were Curt Anderson in Miami, Jim Vertuno in Austin, Mike Balsamo in Washington and Elliott Spagat in Uvalde.
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/school-shootings
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/01/very-angry-uvalde-locals-grapple-with-school-chiefs-role/ | 2022-06-01T13:09:31Z |
Which ‘Frozen’ backpack is best?
While people can use a backpack to carry everything from work supplies to school lunches, they’ve also become a way to show off personal style. “Frozen” backpacks are out there for fans to advertise their love of Anna, Elsa, Kristoff and the entire Arendelle gang. Anyone can find a “Frozen” backpack to carry their favorite characters with them. The Disney Frozen 2 Anna and Elsa Sequin Backpack is an excellent option for both style and efficiency.
What to know before you buy a ‘Frozen’ backpack
Beware of knockoffs
There are a lot of companies that make unofficial “Frozen” merchandise, including backpacks. A good rule of thumb to avoid these backpacks is to avoid any brand name that you don’t recognize. Knockoff brands typically have jumbled names or names in all capital letters. When in doubt, look at the product description to see if your “Frozen” backpack is listed as an officially licensed product.
Age doesn’t matter
Character backpacks aren’t only for kids. There are “Frozen” backpacks that can be worn and used by adults just as much as children. Some designs are still geared more toward younger fans and are usually identifiable by their brighter colors and more cartoonish art, yet there’s nothing stopping older fans from using them, and there are other choices with more grown-up colors and styles.
Limited character choices
The “Frozen” franchise centers on Elsa and Anna, so most “Frozen” backpacks feature them and may not include any other characters. There are a few that also include Olaf the snowman. If your favorite character is someone else like Kristoff, Sven the reindeer or Prince Hans, you might not be able to find a backpack that puts them front and center.
What to look for in a quality ‘Frozen’ backpack
Sturdiness
Whether it’s being dropped, tossed under a desk or in the back of a car or even accidentally spilled on, backpacks have to endure heavy use. A great “Frozen” backpack should be as durable as a non-branded backpack. It’s easy to find one by looking at product pictures. If a backpack looks like it’s made out of flimsy fabric, it probably is.
Carrying capacity
People in the market for a backpack typically have more to carry than will fit in a purse or other smaller bag, so it’s important to get a “Frozen” backpack that can hold whatever is needed on a daily basis. Particularly if you’re toting around large items like a laptop or textbooks, note the internal size of the backpack to make sure it has enough space. Check the product description for the backpack’s dimensions.
Pockets
Pockets are an important feature of any backpack. Look for a “Frozen” backpack that has plenty of pockets, as well as the types of pockets you need. Interior pockets are a must, and it’s best to have different-sized ones to fit different types of items (i.e. a small pocket for keys or makeup and then a larger one for papers or electronic devices). Fans who use their backpack outdoors may want exterior pockets to hold a water bottle or snacks.
How much you can expect to spend on a ‘Frozen’ backpack
“Frozen” backpacks vary greatly in price from as low as $25 to over $70. Backpacks made for the adult audience tend to be higher-priced because they’re seen more as fashion accessories.
‘Frozen’ backpack FAQ
Does a ‘Frozen’ backpack come with accessories?
A. Some of them do. It’s uncommon for backpacks to include accessories like a lunch box or drink bottle these days, but some “Frozen” backpacks still come with bonus items. The accessories vary by backpack. If your “Frozen” backpack of choice has any accessories, they’ll usually be listed in the product description and shown in any pictures.
Are there ‘Frozen’ backpacks for boys?
A. There are not currently any “Frozen” backpacks styled specifically for boys. The current backpack designs don’t feature male characters like Kristoff or Olaf. It’s possible that could change in the future, given how “Frozen” continues to be hugely popular. Until then, boys and young men can still use and enjoy any “Frozen” backpack they like.
What’s the best ‘Frozen’ backpack to buy?
Top ‘Frozen’ backpack
Disney Frozen 2 Anna and Elsa Sequin Backpack
What you need to know: This “Frozen” backpack stands out in a crowd with its sequined design while also having enough structure for everything fans need to tote around.
What you’ll love: The sequins give this backpack fantastic style and make it easy to find in a hurry. The backpack features screen-accurate images of both Elsa and Anna front and center. It also boasts a front zippered pocket and two side pockets.
What you should consider: It doesn’t have any additional pockets inside the main compartment. The sequined design might not be ideal for younger kids who could scuff the backpack and cause sequins to fall off.
Where to buy: Sold by Amazon
Top ‘Frozen’ backpack for the money
What you need to know: This brightly colored “Frozen” backpack comes with a wide variety of accessories that any fan will enjoy.
What you’ll love: Fans get not only a backpack, but a matching lunch bag and pencil case, as well as some “Frozen” stickers. The backpack includes a front storage compartment and an attached carabiner that can be used to hold onto the lunch bag, or to hold someone’s keys or other small accessories.
What you should consider: The included water bottle is generic and doesn’t match the rest of the set. There’s no way to carry the water bottle except to use one of the two side pockets.
Where to buy: Sold by Amazon
Worth checking out
Loungefly x Disney Frozen Elsa Reversible Sequin Mini Backpack
What you need to know: This backpack accommodates those who want to show off their “Frozen” fandom in more subtle ways, with two designs in one.
What you’ll love: Fans can reverse this backpack to give themselves a different look. The backpack is sturdy and has an interior zippered pocket to keep valuables secured. There’s a beautiful snowflake print on the inside.
What you should consider: It’s one of the more expensive choices on the market, and it’s smaller than other “Frozen” backpacks.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/fashion-accessories-br/backpacks-br/best-frozen-backpack/ | 2022-06-06T08:49:55Z |
FREDERICTON, NB, Sept. 16, 2022 /PRNewswire/ -- Introhive, the fastest-growing AI-powered customer intelligence solution, today announced a partnership with OpenFin, the operating system (OS) for enterprise productivity, empowering joint financial services customers on their workspaces and driving productivity.
Introhive allows the automatic extraction of valuable data, surfacing it to salespeople and offering intelligence about their customers, helping firms to grow revenues, shorten sales cycles and find new sales opportunities.
The partnership will enable joint customers to gain even more valuable and actionable insights, making them more accessible, automated and directly embedded in workflows. In the data arms race, sales can easily identify the next best action and are immediately able to perform that action.
OpenFin's web-based OS has become the de facto standard in financial services for powering next-generation applications, digital experiences and employee productivity at enterprise level, for both staff and clients at enterprise scale. The software is now used at more than 3,800 banks, wealth and asset management firms in more than 60 countries. With OpenFin, Introhive pushes intelligence, saving the sales team time they would have spent pulling relevant data themselves. This results in improved productivity and efficiency for end users, leading to better commercial results and more empowered employees. This in turn benefits firms in financial services and across all industries and fosters further innovation by all involved.
We are proud to join forces with a leader in the financial services space. Our partnership, which combines our class-leading platforms to help our mutual customers truly know their customers by providing easily digestible, accessible and actionable data through the OpenFin interface or directly in Salesforce CRM said Alan Panezic, Chief Product Office, Introhive. "Our sophisticated AI-powered platform frees salespeople to build relationships and experience peak performance enabling them to focus on what matters most — building relationships with their valued customers."
Introhive's end-to-end platform will help institutions using OpenFin to increase new cross-sell revenue opportunities and improve sales teams and customer experience, all while decreasing time to close business.
"Our partnership with Introhive strengthens our offering by providing a connected experience with no silos. By empowering users in their workspace with the best possible tools for productivity we can help them get the most out of data through integration and synthesis. This has a powerfully positive impact through better, smarter conversations which improve speed to sale," said Mazy Dar CEO, OpenFin. "Introhive's customer intelligence insights and OpenFin's elevated workspaces use AI to put the hard work in, so our customers don't have to and can focus on their client relationships to grow their portfolios"
This partnership will help capture all relevant data by providing customer intelligence that many firms do not have today in CRM or available in a transparent way across business units. By showing interactions across the firm, silos are broken down and the next best actions are crystal clear.
To learn more about this exciting partnership, email: partners@introhive or visit us at Dreamforce, Booth #214
Introhive is the fastest-growing AI-powered customer intelligence solution, with the single largest deployment of its kind in the world. Trusted by some of the world's most recognizable brands, including PwC, Clark Nexsen, Wilson Sonsini Goodrich & Rosati, CBRE, Colliers International, and Plante Moran, the company has been recognized with 2019, 2020 and 2021 Deloitte Technology Fast 50™ Canada Awards, 2020 and 2021 Deloitte Fast 500™ North America Awards, 2020 and 2021 MarTech Breakthrough Awards, and is Great Place to Work® certified in Canada. Introhive's AI-powered SaaS platform seeks to enable organizations to realize the full value of their relationships across the business and to leverage untapped data to drive revenues and increase productivity while simultaneously improving the customer experience. Introhive has grown to 350+ employees with 10 global office locations, supporting 250,000+ customers in over 90 different countries around the world. Learn more at www.introhive.ai
Move Fast. Break Nothing. OpenFin is The Operating System of Finance, enabling app distribution, workspace management and workflow automation. Used by 90% of global financial institutions, OpenFin deploys more than 3,500 desktop applications to more than 3,800 buy-side and sell-side firms. OpenFin investors include Bain Capital Ventures, Barclays, CME Ventures, DRW Venture Capital, HSBC, ING Ventures, J.P. Morgan, NYCA Partners, Pivot Investment Partners, Standard Chartered and Wells Fargo Strategic Capital among others. The company is based in New York with an office in London and a presence in Hong Kong and Singapore.
https://www.openfin.co/
MEDIA INQUIRIES:
Introhive
Angela Ferreira
angela.ferreira@introhive.com
OpenFin
Mitra Roknabadi
mitra@openfin.co
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SOURCE OpenFin | https://www.kxii.com/prnewswire/2022/09/16/introhive-partners-with-openfin-drive-productivity-financial-services-customers/ | 2022-09-16T07:39:36Z |
NEW YORK, June 9, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TSLA, OLLI, XOM, CAT, and SPOT.
Click a link below then choose between in-depth options trade idea report or a stock score report.
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- TSLA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=TSLA&prnumber=060920223
- OLLI: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=OLLI&prnumber=060920223
- XOM: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=XOM&prnumber=060920223
- CAT: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=CAT&prnumber=060920223
- SPOT: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=SPOT&prnumber=060920223
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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.mysuncoast.com/prnewswire/2022/06/09/thinking-about-trading-options-or-stock-tesla-ollies-bargain-outlet-exxon-mobil-caterpillar-or-spotify/ | 2022-06-09T14:20:47Z |
VANCOUVER, BC, June 14, 2022 /PRNewswire/ - International Battery Metals Ltd. (the "Company" or "IBAT") (CSE: IBAT) (OTC: IBATF) is pleased to confirm that further to its news release dated June 1, 2022 and June 10, 2022, the Company has filed on SEDAR its audited financial statements, accompanying management discussion and analysis and related CEO and CFO certifications for the year ended January 31, 2022 (the "Annual Filings").
As a consequence of the Annual Filings, the Company expects that the management cease trade order formerly granted on June 1, 2022, by applicable securities regulatory authorities, will be revoked and that directors and officers of the Company will be permitted to trade securities of the Company.
The Company wants to thank all of those who worked diligently in assisting with the finalization of the Annual Filings.
ON BEHALF OF THE BOARD
"Dr. John Burba"
Dr. John Burba, CEO & Director
Tel: (778) 939-4228
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.
Forward‐looking and cautionary statements
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations
This release may contain certain forward‐looking statements with respect to the financial condition, results of operations and business of the Company and certain of the plans and objectives of the Company with respect to the same. There is no assurance that the company's apparatus will be able to commercially produce lithium at the stated capacity. The purpose of the tests is to determine if it will be able to do so and successful completion of the tests cannot be assured as they are subject to risks and uncertainties associated with any new mineral processing method and characteristics of the material being processed.
By their nature, forward‐looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward‐looking statements.
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SOURCE International Battery Metals Ltd. | https://www.wibw.com/prnewswire/2022/06/15/filing-audited-annual-financial-statements-revocation-mcto/ | 2022-06-15T02:54:05Z |
$750 million bond offers minority-owned brokerages lead underwriting opportunity
PLANO, Texas, Aug. 26, 2022 /PRNewswire/ -- Toyota Financial Services (TFS) reinforced its dedication to integrating Diversity & Inclusion (D&I) in all areas of its business through the issuance of its sixth D&I Bond in the amount of $750 million. This latest bond offering continues Toyota Financial Services' ongoing commitment to helping diverse underwriting firms strengthen their experience working on high profile deals. The company's new three-year fixed rate D&I Bond serves as both an integral component of Toyota's comprehensive funding program, and enhances Toyota's diversity efforts by highlighting exceptionally capable Minority- and Women-Owned Business Enterprise (MWBE) certified firms.
TFS' sixth D&I Bond syndication builds upon its established relationships with MWBE brokers by elevating their stature in the transaction, providing them an opportunity to take the lead underwriting role on a bond. It also strengthens the relationship these firms have with their own investors by expanding their access to a primary bond offering.
The lead book-building managers in this transaction consisted of African American-, Hispanic-, Veteran-and Women-owned broker dealers, each sharing Toyota's commitment to giving back to the community. They include Loop Capital Markets, Mischler Financial Group, R. Seelaus & Co., Ramirez & Co. and Siebert Williams Shank. Morgan Stanley served as the lead stabilizing bank in the transaction.
BurgherGray LLP, a minority-owned law firm, acted as co-issuer's counsel together with Davis Polk & Wardwell LLP. O'Melveny & Myers LLP acted as underwriters' counsel.
"We were honored to be a part of Toyota's sixth D&I led bond transaction and to partner with an issuer that has shown such long-standing commitment to working with and elevating underrepresented groups through their capital markets," said Annie Seelaus, CEO of R. Seelaus & Co. "Toyota has created an opportunity set that has moved the needle immeasurably for diversity firms."
"Toyota Financial Services seeks to integrate Diversity & Inclusion into all facets of our business, both because it's the right thing to do, and because it makes good business sense," said Mark Templin, TFS President and CEO. "With this sixth bond, we've issued a cumulative $3.75 billion in D&I notes, elevating worthy partners while reaching a broader investor base."
This bond offering is the latest initiative in Toyota's comprehensive D&I platform which also includes:
- Diversity and Inclusion education for all team members
- Commitment to maintaining a perfect "100" score from the Human Rights Campaign
- Securing a spot on DiversityInc's Top 50 Companies list annually
Earlier in August, Toyota announced the newest additions to its Diversity Advisory Board comprised of highly qualified individuals from government and corporate partners.
For more information about Toyota's overall commitment to diversity and inclusion, please visit www.toyota.com/usa/diversity.
Toyota Financial Services (TFS) is the brand for finance and related products for Toyota in the United States, offering retail auto financing and leasing through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. TFS also offers vehicle and payment protection products through Toyota Motor Insurance Services (TMIS). The company services Lexus dealers and customers using the Lexus Financial Services brand.
As of March 31, 2022, TFS employed approximately 3,700 team members nationwide, and had assets totaling over $135 billion. It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation.
We announce material financial information using the investor relations section of our website (www.toyotafinancial.com) and SEC filings. We use these channels, press releases, and social media to communicate about our company, our services and other issues. While not all information we post on social media is of a material nature, some information could be material. Therefore, we encourage those interested in our company to review our messages on Twitter at www.twitter.com/toyotafinancial and posts on Facebook at www.facebook.com/toyotafinancial/.
Media Contact: Derrick Brown (469) 486-9065
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SOURCE Toyota Financial Services | https://www.wibw.com/prnewswire/2022/08/26/toyota-financial-services-promotes-diversity-amp-inclusion-through-its-latest-bond-offering/ | 2022-08-26T15:27:02Z |
Man injured after vehicle runs over feet in East Topeka
Published: May. 19, 2022 at 9:10 AM CDT|Updated: 15 minutes ago
TOPEKA, Kan. (WIBW) - A man was injured Thursday morning after a vehicle ran over his feet in an East Topeka neighborhood, authorities said.
The man’s injuries were reported around 7:30 a.m. Thursday near S.E. 20th and Hudson.
First-responders were on the scene around 8:15 a.m. providing first-aid to the man.
It wasn’t immediately known if he would need ambulance transportation to the hospital.
Police were investigating the incident.
Additional details weren’t immediately available.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/19/man-injured-after-vehicle-runs-over-feet-east-topeka/ | 2022-05-19T14:26:12Z |
i-Accept, the scalable software-based solution that enables payments acceptance on off-the-shelf devices, gains new capabilities designed to extend Tap to Pay beyond small and micro-merchants
AMSTERDAM, June 7, 2022 /PRNewswire/ -- MagicCubeTM, the startup that created the Software Defined Trust (SDT) category, today announced it is extending its Tap to Pay acceptance platform to help enterprise and big box retailers take advantage of software point-of-sale (softPOS) technology to reduce costs, improve efficiency, and deliver better customer experiences. i-AcceptTM, the platform that transforms off-the-shelf smart devices such as phones, tablets, and large screens into contactless payments terminals, introduces new attributes ranging from device management to easier PCI compliance intended to enable seamless, scalable, and secure Tap to Pay—with or without PIN—in complex, large retailer environments.
"With Apple releasing Tap to Pay as a component of its proprietary iOS operating system, it becomes more urgent to serve the two billion Android users that represent more than 70% of the global mobile market," said Sam Shawki, CEO and cofounder, MagicCube. "i-Accept brings a robust, enterprise-grade solution that is secure, and not tied to a specific device maker, operating system, or card network—making it ideal to go beyond small and micro merchants and serve large retailers, which have a vast array of use cases."
Among the new i-Accept capabilities designed to help enterprise retailers to reinvent, optimize, and improve their checkout experience, are:
- Multi-acquirer and multi-merchant support from a single platform
- Direct integration into complex systems without affecting PCI-DSS scope or certification
- Unchanged transaction routing and full control of the existing acquirer and merchant flows
- Flexible management of acceptance rules across multiple geographies
- Message translation across different standards
- Support of current and future compliance requirements for large retailers
Through i-Accept, acquiring banks and other financial services institutions can enable their large merchants and retailers to accept contactless transactions via payment cards and mobile wallets such as Apple Pay, Google Pay, and Samsung Pay—all at "card present" rates for merchants and without limits on transaction amounts for consumers. It's also flexible to quickly adapt to acceptance of local card schemes or crypto wallets, and support check out features such as "Buy Now, Pay Later" and rewards programs, among others.
i-Accept can also securely capture financial PINs and other verification methods on NFC-enabled smart devices large and small— a key feature in European and other markets where the use of PIN is mandated.
Starting today, MagicCube will be demonstrating these enterprise-grade capabilities at Money20/20 Europe, booth C50, Hall 5.
To learn more visit www.i-accept.com.
About MagicCube
MagicCube leads the Software Defined Trust (SDT) category with its software-based solutions that replace hardware chips used today to secure sensitive data and authenticate whoever needs access to it. The technology enables secure, large-scale deployment and management of Internet of Things (IoT) and mobile solutions to consumers. MagicCube was awarded the first recognition of a software-based Trusted Execution Environment issued by EMVCo, the global consortium which facilitates worldwide interoperability and acceptance of secure payment transactions. MagicCube has been named by Network World's one of the "10 Hot IoT Startups to Watch", listed as a Cool Vendor in Security and Risk Management by Gartner, and is the only startup to sit on the board of the PCI Security Standards Council. Investors in MagicCube include Mosaik Partners, Shift4, Bold Capital, Epic Ventures, ID Tech, Sony Innovation Fund, and Visa, among others. For more information, visit www.magiccube.co or follow us on Twitter @MAGIC3INC.
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SOURCE MagicCube | https://www.kxii.com/prnewswire/2022/06/07/magiccube-extends-its-tap-pay-acceptance-platform-serve-enterprise-big-box-retailers/ | 2022-06-07T08:39:07Z |
Consumers Are Spending More on Engagement Rings and Have a Growing Preference for Lab Grown Diamonds
CHICAGO, May 18, 2022 /PRNewswire/ -- BriteCo, (brite.co) a leading direct-to-consumer jewelry and watch insurance company, has released new survey data that points to emerging consumer trends for purchasing engagement rings. In the lead up to the 2022 Spring engagement and wedding season, consumers show an increasingly positive attitude towards lab-grown diamonds - man-made diamonds that are chemically, physically, and optically the same as those mined from beneath the Earth's surface. The study also found a significant increase in the amount of money spent on engagement rings.
In the 2021 State of the Art Survey & Report, BriteCo found 60% of respondents spent between $2,500 and $10,000 or more on an engagement ring. 38% said the engagement ring was Rtheir single largest purchase outside of buying a home or car, with 81% opting to purchase their ring in-store.
BriteCo's 2022 BriteCo Diamond Engagement Ring Report https://brite.co/briteco-lab-grown-vs-natural-diamonds/ outlines several trends in the consumer jewelry industry:
- The average expenditure for a diamond engagement ring increased to $7,011 in 2021, a 6.1% percent increase over the previous year. The share of lab-grown diamond engagement rings grew from 19% in 2020 to more than 24% in 2021.
- The average expenditure for a lab-grown diamond engagement ring rose from $4,037 in 2020 to $4,383 in 2021, a healthy increase of 8.6%; this data confirms that lab-grown diamonds are typically from 40% to 50% less expensive than natural diamonds.
- Survey data indicated that natural (earth-mined) diamond engagement ring spending increased from an average of $7,197 in 2020 to $8,053 in 2021, an increase of nearly 12%.
- Most engagement rings have diamond center stones, with the most popular weight for a center stone diamond ranging from 1.0 and 1.5 carats; the average center stone diamond size (measured in terms of carat weight) grew from 1.20 carats in 2020 to 1.32 carats in 2021.
- Expenditures for engagement rings are highest in the Mid-Atlantic region, averaging $9,343. In comparison, those who spend the least amount on an engagement ring reside in the West North Central region of the USA, averaging $3,831.
"In Store magazine's Big Survey in October 2021 indicated most jewelers are now stocking lab grown diamonds and seeing a growth in demand, particularly among younger customers," said Dustin Lemick, Founder and CEO of BriteCo. "With Millennials and Gen Z taking the stage as new proposers of marriage, we are seeing traditional preferences around engagement rings are changing to reflect their values. Young people are evaluating and buying lab-grown diamonds in greater numbers, but natural or earth-mined diamonds continue to dominate."
About BriteCo
Established in 2018 by a third-generation retail jeweler, BriteCo is a leading insurance technology company focused on transforming the jewelry insurance industry for the digital age. BriteCo has democratized the process of buying A + rated jewelry and watch insurance for consumers with an easy-to-use online application, superior coverage in minutes, and an affordable subscription-like monthly payment option.
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SOURCE BriteCo | https://www.kxii.com/prnewswire/2022/05/18/briteco-survey-reveals-diamond-engagement-ring-preferences/ | 2022-05-18T13:42:23Z |
PITTSBURGH, April 8, 2022 /PRNewswire/ -- "I wanted to create an accessory to secure nasal cannula and prevent it from slipping," said an inventor, from Anacoco, La., "so I invented the NOSE CANULA ASSIST. My design would enhance comfort for cannula users."
The patent-pending invention provides a more comfortable way to hold nasal cannula in place. In doing so, it eliminates the need to tighten cannula or use tape. As a result, it reduces skin irritation and it increases convenience for caregivers and patients. The invention features an effective design that is easy to use so it is ideal for individuals who use supplemental oxygen and medical facilities.
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-JMC-2373, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/04/08/inventhelp-inventor-develops-comfortable-way-secure-nasal-cannula-jmc-2373/ | 2022-04-08T16:19:12Z |
Greater Topeka Partnership ready for Momentum 2027
TOPEKA, Kan. (WIBW) - The Greater Topeka Partnership kicked off its Momentum 2027 strategy Thursday evening by celebrating its Momentum of 2022 success.
It started in 2017 as a five year community development plan for Topeka and Shawnee County.
Momentum 2022 has Greater Topeka Partnership leaders excited for what’s next to come.
“This plan in 2027 is a place to live, a place to prosper, a place to learn and a place to belong and through that we’re intentionally going to concentrate on equity throughout all of the initiatives,” Cuevas-Stubblefield said.
Senior Vice President of Strategy Michelle Cuevas-Stubblefield says Momentum 2022 helped improve some major issues.
She says it reduced crime and poverty rate, and led to $150 million dollars invested in downtown Topeka.
Shawnee County Commissioner Kevin Cook says he wants to see that continue.
“We don’t want to stall out. We don’t want to grow, stall and then wait for the next step. Let’s just keep this going up. Let’s keep our progress on that straight trajectory and that’s what we want to see,” Cook said.
GTP CEO Matt Pivarnik says the work that’s been done has been great but the community needs to keep moving forward.
“I’m so excited but I would be lying to you if I said I wasn’t a little nervous right. High stakes, high stakes for our community, so I’m a little nervous. I want to be able to accomplish every single thing that we said we were going to accomplish in that strategy,” Pivarnik said.
He told 13 News child care and housing are two focal points of the new plan.
“We have created a housing task force made up of developers, builders and the realtors association, home builders association, so that task force is already meeting. The same with child care. So, child care aware and the children discovery center, we’ve put together a child care task force to actually roll up their sleeves and instead of us saying this is what we should do. let’s have the experts in the room tell us what to do,” he said.
Pivnarik says work to reduce crime and poverty will continue and he says increased accessibility to youth sports is another element of the new plan.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/24/greater-topeka-partnership-ready-momentum-2027/ | 2022-06-24T04:30:19Z |
A Temple man was arrested for allegedly kidnapping and sexually assaulting a 12-year-old girl last year after DNA evidence linked him to the assault.
Victor Jose Perez, 47, was arrested on June 30 on a charge of aggravated sexual assault of a child, a first-degree felony.
According to an arrest affidavit filed by Temple Police Department, on Nov. 12, 2021, officers responded to a residence on Betsy Ross Drive for a runaway child.
A 12-year-old girl was interviewed and told officers she was kidnapped and sexually assaulted by an older Hispanic male with facial hair.
The foster mother, the affidavit said, told officers the girl left home after a disagreement.
As part of the investigation, officers performed a forensic examination, and DNA samples were sent to a Texas Department of Public Safety crime laboratory for testing.
“The child was forensically interviewed on Dec. 1, 2021, and made a credible outcry of sexual assault,” the affidavit said. “On Feb. 28, 2022, the Texas Department of Public Safety issued a (combined DNA index system) offender letter stating the State DNA database identified a match for a possible suspect, Victor Jose Perez.”
On March 25, officers met with Perez and took a DNA sample through a cheek swab, the affidavit said.
About a month later, on April 28, the affidavit said results from a comparative analysis of Perez’s DNA and evidence recovered from the girl were a match for the suspect.
An arrest warrant for Perez was signed on June 9 by Justice of the Peace Precinct 1 Place 3 Keith Reed.
Perez was held at the Bell County Jail Thursday in lieu of a $500,000 bond. | https://www.tdtnews.com/news/central_texas_news/article_7bb15d46-fe1f-11ec-bb61-13afec85fe88.html | 2022-07-07T20:36:19Z |
Appointments of CEO and Global Head of Sales establish North American HQ to satisfy 2x sales growth in past 12 months
LONDON and HOUSTON, Aug. 10, 2022 /PRNewswire/ -- Solidatus, a leading data management technology firm, has appointed Co-Founder Philip Dutton as CEO. The move positions the firm to better meet the escalating demand from major global businesses for smarter, more innovative ways to unlock the full potential of their enterprise data. As part of a broad-based re-organization, Solidatus has established its US headquarters in Houston, Texas, where Dutton is now based. They are pleased to have hired Sheldon Feinland to run global sales out of New York. Fellow Co-Founder Philip Miller is in a new role, that of Chief Innovation Officer.
Launched in London in 2017, the firm's initial focus was on helping make data easier to work with for businesses in the UK/EMEA, where they became entrenched in four of the top 10 Global Systemically Important Banks (G-SIBs). Solidatus' growing global footprint, spearheaded by significant demand from US-headquartered enterprises, drove the need to establish a stronger North American presence. Headquartered in Texas with leadership in New York and North Carolina, Solidatus is well positioned to continue expanding its service and on-the-ground support to mid-to-large data-rich and highly regulated businesses. Now employing more than 110 people and growing, Solidatus expects to triple its US presence in the next year.
"It is an honor to have been appointed to lead Solidatus at this exciting time. Solidatus serves visionary organizations that desire streamlined access and clarity of their data to build smarter and more profitable businesses. That's everyone from Fortune 500 companies that have an unmanageably complex data landscape to start-ups and scale-ups that want to optimize their data practices from the get-go. There is no greater concentration of these organizations than in the US," said Dutton.
"With hard work, we see 300% year-on-year growth in North America to be well within our grasp," said Sheldon Feinland, Vice President, Global Sales. "We're focused on creating unique solutions that untangle the messy world of data. This way data becomes easier to work with and we can maximize the potential of the organizations that house it."
With an eye to the future, and staying ahead of the curve, Philip Miller will be focused on enhancing the Solidatus offering to make clients' data even easier to understand and more valuable. "I look forward to rapidly innovating the product roadmap and helping to advance the ingenuity that has always been the power plant behind Solidatus' growth. We are at a point in the company's progress and diversification across industries when new ideas are at an all-time premium. Now is absolutely the best time to take on this important new role," said Miller.
In 2021, the company raised $19.2m in a Series A funding round led by Albion VC with participation from strategic investors Citi and HSBC. The funds are helping to fast-track the firm's global expansion in the US as well as continuing to deliver best-in-class data management capabilities to more industry verticals. With the successful launch of the US HQ and addition of new customers in financial services, healthcare, insurance, retail, manufacturing and government, the company is on target to enjoy another record-breaking year. It has also won six industry awards this year, including "Best Sell-Side Data Management Solution" from Waters Technology.
For more information please contact:
Tom Murphy
Tom@paragonpr.com
+1 973 647 9421
Website
www.solidatus.com
LinkedIn
Twitter: @Solidatus_com
About Solidatus
Solidatus is an innovative data management solution that empowers organizations to connect and visualize their data relationships, simplifying how they identify, access and understand them. With a sustainable data foundation in place, data-rich enterprises can meet regulatory requirements, drive digital transformation, capture business insights and make better, less risky and more informed data-driven decisions. Solidatus' powerful metadata management technology is seen as a critical development in data management software – one that matches the complex needs of modern business. Launched in 2017, Solidatus is the chosen data management tool for both the regulators and the regulated. Its clients and investors include top-tier global financial services brands such as Citi and HSBC, healthcare and retail organizations as well as government institutions. Solidatus has offices in the United Kingdom, the United States and Singapore. For more information, visit www.solidatus.com.
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SOURCE Solidatus | https://www.mysuncoast.com/prnewswire/2022/08/10/solidatus-aligns-executive-team-meet-rapid-growth-demand-managing-complex-data/ | 2022-08-10T14:08:28Z |
STOCKHOLM, May 30, 2022 /PRNewswire/ -- RhoVac AB ("RhoVac"), a Swedish cancer immunotherapy company, regrets to announce today on May 29th, 2022, that its phase IIb study in prostate cancer, BRaVac, in spite of the previous positive results related to the compound, failed to demonstrate RV001 (onilcamotide) superiority over placebo in preventing progression in patients with biochemical recurrence (a rise in PSA) after curative intent therapy. Progression was defined as either a doubling of PSA, clinical recurrence, or death. RhoVac will undertake a more thorough analysis of the results, and a clear plan on how to proceed will be communicated end June. The primary outcome analysis, however, regrettably offers little hope of a license or acquisition deal based on the results of this study alone.
RhoVac started the clinical phase IIb trial (BRaVac) with the company's drug candidate, RV001 (onilcamotide) late 2019, in prostate cancer patients with biochemical recurrence (a rise in PSA) after curative intent therapy. Positive phase I/II data offered significant hope, and in November of 2020, RhoVac was awarded Fast Track Designation by the FDA for its drug candidate in this cancer indication. The objective of the BRaVac study was to show that onilcamotide could significantly prevent or delay disease progression in these patients, something for which no standard therapy is available today. Interim safety reviews have been conducted, and no unexpected adverse events have been identified, and the end trial results also confirm the anticipated safety of the drug candidate.
On efficacy however, BRaVac, the first placebo controlled study of the drug candidate, failed to deliver on its primary endpoint, which was to demonstrate drug candidate superiority over placebo in reducing the risk of progression, and the primary results did not indicate any significant finding on improved outcomes for the studied patients. RhoVac will now undertake a more thorough analysis of the study results, but the primary outcome analysis obviously offers little hope of a license or acquisition deal based on the results of this study alone. RhoVac will now execute on a cost minimisation contingency plan, while conducting further analyses of the results, aiming to come up with clear recommendations on the future of the project and next steps end June.
RhoVac CEO, Anders Månsson, comments: "Even though we know that benchmarks state that the probability of success for a phase II project in oncology is less than 50% and that clinical development is always a calculated risk, we are surprised and deeply saddened to find that BRaVac failed to meet its primary endpoint. We will immediately minimise expenditure, while further assessing the study data, with the aim of coming up with firm recommendations on how to proceed, and to communicate this end June."
This disclosure contains information that RhoVac is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 29-05-2022 19:53 CET.
CONTACT:
For more information, please contact:
Anders Månsson - CEO, RhoVac AB
Phone: +46 73 751 7278
E-mail: info@rhovac.com
This information was brought to you by Cision http://news.cision.com
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SOURCE RhoVac | https://www.kxii.com/prnewswire/2022/05/30/rhovacs-phase-iib-study-prostate-cancer-bravac-failed-meet-its-primary-endpoint/ | 2022-05-30T07:17:28Z |
FDA: Recall issued for popcorn snack sold in 18 states over allergen concerns
(Gray News) - A popular popcorn snack sold in more than a dozen states and grocery stores around the country is being recalled due to possible allergen concerns.
The U.S. Food and Drug Administration reports Snak King has voluntarily recalled 5-ounce packages of O Organics Sea Salt Organic Popcorn due to the potential presence of an undeclared milk allergen.
The popcorn packages were sold in stores that include Pavilions, Haggen, ACME, Safeway, King’s, Balducci’s, Jewel-Osco, Andronico’s Community Markets, Vons, Pak ‘N Save, Albertsons, Eagle and Carrs-Safeway.
According to the FDA, the stores were in are in Idaho, Washington, Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, Washington D.C., Illinois, Indiana, Iowa, California, Hawaii, Nevada, Oregon, Washington and Alaska.
The agency said products have a “best if used by” date of 9/24/2022 and 9/25/2022.
There have been no current reports of illness but consumers who may have purchased the recalled products have been advised not to eat them and to return them to the store it was purchased.
Consumers with questions may contact the Snak King company at 626-363-7711.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/15/fda-recall-issued-popcorn-snack-sold-18-states-over-allergen-concerns/ | 2022-04-15T03:03:41Z |
Real estate developer adds Holly Shores Camping Resort to portfolio in partnership with Sun Outdoors
OCEAN CITY, Md., April 20, 2022 /PRNewswire/ -- Blue Water, a leading outdoor hospitality specialist, is pleased to announce that it recently assumed management of the top-rated Holly Shores Camping Resort in partnership with Sun Outdoors. Located four miles from Wildwood and Cape May beaches, this resort is the perfect location for campers looking for a coastal New Jersey retreat. As part of the recent Sun Outdoors rebrand, the resort recently changed their name, transitioning to Sun Outdoors Cape May.
Encompassing 38 wooded acres in Cape May County, the property offers an all-inclusive resort experience with glamping tents and vacation rental offerings, making it a perfect fit with the rest of Blue Water's portfolio. The park currently has 124 seasonal sites, 138 short-term sites, and 48 vacation rentals where guests can choose from a variety of tiny houses, cottages, and cabins. The location also includes safari tents equipped with furnishings for a cozy and comfortable stay. RV sites are nestled among oak and maple trees and accommodate RVs up to 40 ft in length.
Amenities at the property include two playgrounds, a dog park, a heated pool, a kiddie pool, hot tub spas, golf cart rentals, a nature trail, and much more for the whole family to enjoy. The surrounding area is also home to the Cape May County Zoo and the Tree to Tree Adventure Park. The resort is also close to golf courses, breweries, wineries and vineyards, festivals, boardwalks, museums, and lighthouses, making for an outstanding vacation destination.
The Holly Shores management team is looking forward to joining the Blue Water family and continuing the mission of providing a premier family experience. Blue Water is currently working with the local Chamber of Commerce regarding membership and has partnerships underway with local businesses to help support the property and foster excellent relationships with the community for years to come. Returning visitors can expect the same exceptional service they are accustomed to, elevated to the Blue Water standard.
"Blue Water is always looking for opportunities to evolve and provide memorable guest experiences, whether it's in our backyard or across the country," said Todd Burbage, Blue Water's CEO. "We are thrilled to have this wonderful asset join our portfolio of elite resorts and to be part of the community in Cape May County, and for even more opportunities to provide waterfront vacation experiences for our guests."
The property is open from April 15 to October 31. To learn more about and book reservations at Holly Shores Camping Resort, visit https://www.sunoutdoors.com/new-jersey/sun-outdoors-cape-may.
About Blue Water:
Founded in 2002, Blue Water specializes in investing, developing, and managing RV resorts, campgrounds, hotels, and attractions. Blue Water's integrated approach to marketing, revenue management, and operations has quickly established itself as a hospitality industry leader. With dozens of resort-area properties in East Coast states from Maine to Florida, and new additions out west in Texas, Montana, and Oregon, the Blue Water family is committed to creating elite assets, delivering exceptional guest experiences, and enhancing the communities we serve. To learn more, visit BWDC.com.
About Sun Outdoors:
Sun Outdoors is a leader in outdoor hospitality and is committed to its mission of offering guests exceptional and transformative outdoor experiences. With over 250 locations across the U.S. and Ontario, Canada, Sun Outdoors offers guest several ways to stay: from RV sites to vacation rentals, from tent camping to glamping, whether they stay for a weekend, season, or longer. Visit www.sunoutdoors.com to learn more.
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SOURCE Blue Water Development | https://www.wibw.com/prnewswire/2022/04/20/blue-water-assumes-management-cape-may-property/ | 2022-04-20T20:31:40Z |
Russia pressures Mariupol as it focuses on Ukraine’s east
KYIV, Ukraine (AP) — Russian forces tightened the noose around die-hard Ukrainian defenders holed up at a Mariupol steel plant Wednesday amid desperate new efforts to open an evacuation corridor for trapped civilians in the ruined city, a key battleground in Moscow’s drive to seize the country’s industrial east.
As the holdouts came under punishing new attacks, the Kremlin said it submitted a draft of its demands for ending the fighting, the number of people fleeing the country climbed past 5 million, and the West raced to supply Ukraine with heavier weapons for the potentially grinding new phase of the war.
With global tensions running high, the Kremlin reported the first successful test launch of a new type of intercontinental ballistic missile, the Sarmat, that President Vladimir Putin boasted can overcome any missile defense system and make those who threaten Russia “think twice.” It was launched in northern Russia.
On the battlefield, Ukraine’s military said Moscow continued to mount attacks across the east, probing for weak points in Ukrainian defensive lines. Russia said it launched hundreds of missile and air attacks on targets that included concentrations of troops and vehicles.
The Kremlin’s stated goal is the capture of the Donbas, the mostly Russian-speaking eastern region that is home to coal mines, metal plants and heavy-equipment factories vital to Ukraine’s economy. Detaching it would give Putin a badly needed victory two months into the war, after the botched attempt to storm the capital, Kyiv.
Analysts say the offensive in the east could devolve into a grim war of attrition as Russia runs up against Ukraine’s most experienced, battle-hardened troops, who have been fighting pro-Moscow separatists in the Donbas for the past eight years.
With that potentially pivotal offensive underway, Russia said it has presented Ukraine with a draft document outlining its demands as part of talks aimed at ending the conflict — days after Putin said the negotiations were at a “dead end.”
Kremlin spokesman Dmitry Peskov said that “the ball is in their court, we’re waiting for a response.” He gave no details on the draft, and it was not clear when it was sent or if it offered anything new to the Ukrainians, who presented their own demands last month.
A Ukrainian presidential adviser said Kyiv was reviewing the proposals.
Moscow has long demanded, among other things, that Ukraine drop any bid to join NATO. Ukraine has said it would agree to that in return for security guarantees from a number of other countries.
In the all but flattened city of Mariupol, Ukrainian troops said Tuesday the Russian military dropped heavy bombs to flatten what was left of the sprawling Azvostal steel plant — believed to be the last holdout of troops defending Mariupol — and hit a makeshift hospital where hundreds were staying. The reports could not be independently confirmed.
Serhiy Taruta, the former governor of the Donetsk region and a Mariupol native, said 300 people, including wounded troops and civilians with children, were sheltered at the hospital.
Deputy Prime Minister Iryna Vereshchuk, meanwhile, said there was a preliminary agreement to open a humanitarian corridor for women, children and the elderly to leave Mariupol and head west to the Ukraine-controlled city of Zaporizhzhia on Wednesday afternoon.
Mariupol Mayor Vadym Boychenko urged residents to leave, though previous such agreements have fallen apart, with the Russians shelling escape routes or otherwise preventing buses meant to pick up evacuees from entering the city.
More than 100,000 people were believed trapped in Mariupol, which had a pre-war population of over 400,000.
“Do not be frightened and evacuate to Zaporizhzhia, where you can receive all the help you need — food, medicine, essentials — and the main thing is that you will be in safety,” the mayor said in a statement.
A few thousand Ukrainian troops, by the Russians’ estimate, remained holed up in the steel plant. The Russian side issued a new ultimatum to the defenders to surrender Wednesday, but the Ukrainians have ignored previous demands to leave the plant’s labyrinth of tunnels and bunkers.
Mariupol holds strategic and symbolic value for both sides. The scale of suffering there has made it a worldwide focal point of the war. Mariupol’s fall would deprive Ukraine of a vital port, complete a land bridge between Russia and the Crimean Peninsula, which Moscow seized from Ukraine in 2014, and free up Russian troops to move elsewhere in the Donbas.
Eyewitness accounts and reports from officials have given a broad picture of the extent of the Russian advance. But independent reporting in the parts of the Donbas held by Russian forces and separatists is severely limited, making it difficult to know what is happening in many places on the ground.
Western nations are boosting the flow of military supplies to Kyiv for this new phase of the war, which is likely to involve trench warfare, long-range artillery attacks and tank battles across relatively open terrain.
U.S. President Joe Biden is expected to announce a new weapons package in the coming days that will include additional artillery, and Canada and the Netherlands also said they would send more heavy weapons.
Putin, meanwhile, hailed the launch of the Sarmat as “a big, significant event” for Russia’s defense industry and praised the missile as having “no equivalents in the world.” The Sarmat is intended to eventually replace the Soviet-built missile code-named Satan by NATO as a major component of Russia’s nuclear arsenal.
“This truly unique weapon will strengthen the combat potential of our armed forces, reliably ensure Russia’s security from external threats and make those who, in the heat of frantic, aggressive rhetoric, try to threaten our country think twice,” Putin said.
___
Associated Press journalists Mstyslav Chernov and Felipe Dana in Kharkiv, Ukraine; Yesica Fisch in Kramatorsk, Ukraine; and Robert Burns and Aamer Madhani in Washington contributed to this report, as did other AP staff members around the world.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/20/russia-hits-ukrainian-cities-pours-more-troops-into-war/ | 2022-04-20T16:34:02Z |
The list of North America's 50 Best Bars 2022 was announced at a live awards ceremony in New York City
NEW YORK, June 7, 2022 /PRNewswire/ --
- Attaboy, New York, is crowned No.1 at the first-ever North America's 50 Best Bars, sponsored by Perrier
- The list features 29 distinguished bars from the USA, 11 based in Mexico, 8 representing Canada, and 2 elevating the Caribbean drinks scene
- Mexico City's Handshake Speakeasy claims No.2 and The Best Bar in Mexico title, with Licorería Limantour, also in the Mexican capital, coming in at No.3
- Civil Liberties, Toronto, at No.10, is named The Best Bar in Canada
- La Factoría in Puerto Rico, No.12, is hailed as The Best Bar in the Caribbean
- Drinks pioneer Christina Veira from Toronto is celebrated as the Roku Industry Icon
- The Bamboo Room, Chicago, is highlighted as Campari One To Watch
- Zapote Bar, Playa del Carmen, is awarded London Essence Best New Opening
- Bar Kismet from Halifax, earns Ketel One Sustainable Bar Award
- Mace, New York, takes the Siete Misterios Best Cocktail Menu title
The inaugural list of North America's 50 Best Bars, sponsored by Perrier, was announced at a live awards ceremony on June 7, 2022 at Capitale in New York. The new annual ranking features bars from across North America, with New York's Attaboy crowned No.1 as The Best Bar in North America.
Founded by cocktail legends Sam Ross and Michael McIlroy, Attaboy honors its predecessor, Milk & Honey. The bar team, led by Haley Traub, salutes the late Sasha Petraske with incomparable, bespoke drinks experiences.
Mexico City's Handshake Speakeasy (No.2) claims the title of The Best Bar in Mexico. Toronto's Civil Liberties (No.10) wins The Best Bar in Canada, while Puerto Rico's La Factoría (No.12) earns The Best Bar in the Caribbean. For the full list, click here.
Mark Sansom, Content Director for North America's 50 Best Bars, says: "We tip our hats to Attaboy, now celebrating 10 illustrious years. Under Haley Traub's exuberant leadership, we see this legacy shining brightly into the future. We commend all the bars on North America's 50 Best Bars' inaugural list."
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SOURCE 50 Best | https://www.mysuncoast.com/prnewswire/2022/06/08/attaboy-new-york-named-north-americas-best-bar-inaugural-north-americas-50-best-bars-list-is-revealed/ | 2022-06-08T04:30:37Z |
- 'Team Liquid Honda' to debut new Honda-branded jerseys at League of Legends Championship Series (LCS) Summer Split
- Team naming rights deal marks first automotive to enter the North American market in League of Legends in this category
- Honda continues to evolve presence in gaming and esports to broaden connection with young, multicultural and first-time buyers
TORRANCE, Calif., June 16, 2022 /PRNewswire/ -- Honda announced today the expansion of its role as the official automaker of Team Liquid by securing their League of Legends and Academy team's naming sponsorship rights, a first for an automaker in the League of Legends Championship Series (LCS) in North America. The naming rights deal – as Team Liquid Honda – also heralds the evolution of Honda's esports and gaming journey as the brand reaches out to gamers at all levels to deepen its relationship with young, first-time and multicultural buyers.
Team Liquid Honda will debut the team's new name and its all-new jerseys at the 2022 LCS Summer Split, which begins June 17. Fans can explore and try on the new Team Liquid Honda jersey in augmented reality (AR) on Snapchat, available for pre-order now, at https://tl.gg/Honda.
Honda became the official automotive partner and official vehicle of Team Liquid in 2019, and this new multi-year contract extension adds the League of Legends team's naming rights to the sponsorship deal among other key elements:
- All-new Team Liquid Honda jerseys feature the Honda logo prominently featured across the chest
- Team Liquid Honda-branded vehicles for players and coaches will include the all-new Honda HR-V compact SUV and Civic Hatchback throughout the 2022-23 tournament season
- All-new 'Honda Lounge' within the Team Liquid North America HQ, where Team Liquid Honda athletes can recharge and prep for tournaments and appearances
- The social media accounts for Team Liquid's League of Legends players will also reflect the new Team Liquid Honda branding with new banners and inclusion in player display names on Twitter, Instagram and YouTube
"Growing Honda's relationship with Team Liquid Honda and their passionate fanbase is an important part of our evolution in gaming as we work to broaden our engagement with gamers at all levels," said Phil Hruska, media department head at American Honda Motor Co., Inc. "We plan to build on the great relationship we have established with Team Liquid Honda by engaging more with young fans who are gamers themselves and work to deepen those relationships with the Honda brand."
"Aligning our organization with a legacy company like Honda helps to fuel our ever-evolving fan experiences and competitive advantage in LCS and beyond," says Steve Arhancet, Co-CEO and Co-Owner of Team Liquid. "Their passion for the esports ecosystem and shared values around inclusivity and innovation, make them a valued partner and we look forward to the expanded relationship."
Team Liquid Honda Jersey Introduced on Snapchat
To celebrate the debut of the new Team Liquid Honda jersey, fans can show support through a new Snapchat Lens where they can virtually try on the new jersey using AR and share with their friends.
The Snapchat Lens lets fans enter "game mode" to view themselves under the bright esports lights, sit in a gaming chair and don a pro headset – all in augmented reality while wearing the new Team Liquid Honda jersey. The Lens also includes a direct link to pre-order the new jersey on the Team Liquid Honda store: https://tl.gg/Honda. The Team Liquid Honda Snapchat Lens is available starting June 16 until June 27.
Honda Commitment to Gaming and Esports
Honda has a deep history in gaming, partnering over the past decade with some of the most storied video gaming franchises, including Forza, Guitar Hero Live and Hearthstone Team Brawl. In 2019, Honda significantly grew its gaming footprint and established a presence in esports. As Honda evolves its esports interactions to connect with a broader audience of gaming fans, the brand will continue to apply the learnings from partner and fan relationships over the past three years. Key elements of this initiative have included:
- Exclusive automotive partner and official vehicle for Team Liquid (2019-current)
- Twitch partnership, including the first-ever auto branded gaming channel on the platform (Honda Head2Head), and most recently, a dedicated lifestyle channel called Honda DreamLab, featuring trending topics, including gaming
- Exclusive automotive partner of League of Legends Championship Series (LCS) from 2019-2021
About Honda
Honda offers a full line of clean, safe, fun and connected vehicles sold through more than 1,000 independent U.S. Honda dealers. Honda has the highest fleet average fuel economy and lowest CO2 emissions of any major full-line automaker in America, according to the U.S. Environmental Protection Agency's (EPA) latest data. The award-winning Honda lineup includes the Civic, Insight, Accord and Clarity series passenger cars, along with the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan. Honda's electrified vehicle lineup includes the Clarity Fuel Cell and Clarity Plug-In Hybrid, Accord Hybrid, CR-V Hybrid and Insight hybrid-electric sedan – to be joined in 2024 by the Honda Prologue, Honda's first volume battery-electric vehicle.
Honda has been producing automobiles in America for 40 years and currently operates 18 major manufacturing facilities in North America. In 2021, more than 95% of all Honda vehicles sold in the U.S. were made in North America, using domestic and globally sourced parts.
More information about Honda is available in the Digital Fact Book.
About Team Liquid
Team Liquid was founded in 2000 in the Netherlands and has evolved into one of the leading international multigame esports teams with training centers in Utrecht, São Paulo, Brazil and Los Angeles, California. Team Liquid has over 120 athletes competing across 19 distinct games, including all major esports titles, such as VALORANT, Rocket League, DOTA 2, League of Legends, CS:GO, Fortnite, Rainbow 6: Siege, and more. Led by Co-CEOs Steve Arhancet and Victor Goossens, Team Liquid is one of the most successful esports teams in the Western market in terms of competitive achievement and fan engagement across multiple sports. For more information, click HERE.
In addition to the premier esports team franchise, Liquid Enterprises operates various business units created to complement its esports athletic brand. This includes influencer management agency Liquid Media, esports wikipedia Liquipedia, and 1UP Studios, the full service production company known for its high-quality esports documentary style filmmaking, and creative commercial content.
In September 2016, controlling interest in Team Liquid was purchased by esports ownership group, aXiomatic. aXiomatic leadership includes Co-Executive Chairmen Peter Guber, Ted Leonsis, Jeff Vinik and Bruce Karsh who together represent an unparalleled team of sports, technology, entertainment and investment industry titans.
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SOURCE Honda | https://www.wibw.com/prnewswire/2022/06/16/team-liquid-honda-league-legends-team-naming-rights-deal-signals-expanded-relationship-evolution-hondas-commitment-gaming/ | 2022-06-16T17:25:57Z |
Powerful, low-code platform now available for Databricks' customers, enabling 10x data engineering
PALO ALTO, Calif., June 21, 2022 /PRNewswire/ -- Prophecy, the leading low-code platform for data engineering, today announced the launch of Prophecy for Databricks, a powerful new offering that makes it easier and faster to build data pipelines that deliver the data for business intelligence and machine learning. This platform, with a visual drag-and-drop canvas, enables anyone that wants to do data engineering to visually and interactively develop, deploy and monitor data pipelines on Apache Spark.
Built for use by both seasoned data engineering teams and non-programmer data citizens alike, Prophecy for Databricks enables many more users to build pipelines easily, move them to production and accelerate the transition of companies being data driven. With 10x users enabled, data teams experience a radical increase in operational excellence and data quality enabling them to manage more pipelines than ever before.
IDC has forecasted that data is being created at an annual growth rate of 23%, which mans 181 zettabytes of data will have been created by 2025. With data growing so quickly, corporations are struggling to keep up with processing the data at this pace. According to Gartner, the DBMS market is nearly $80B and grew 22% in just the last year, with the share of cloud DBMS growing even faster than the overall DBMS market.
Existing data engineering products do not meet the needs of companies and have proven to be unnecessarily complex and inefficient. With Prophecy for Databricks, companies can 10x data engineering with dramatic increases in data practitioners doing data engineering, individual productivity, reliability of data pipelines, and data quality.
"The industry need for data & analytics far outstrips what can be produced by data engineers programming in notebooks," said Raj Bains, CEO and co-founder of Prophecy. "With this release of Prophecy for Databricks, we're providing powerful, visual tools that enable an order of magnitude more data users to quickly develop data pipelines, at the same level as programmers. This expansion of data engineering to non-programmers is the only way to realize the potential of data at scale."
With Prophecy for Databricks, companies can modernize their data pipelines on Spark through the platform's core features, which include:
- A Visual Development Environment - An intuitive, low-code, drag-and-drop IDE enables all data practitioners, from non-programmer to expert, to develop data pipelines on Spark quickly and easily. The platform turns the visual data pipeline into 100% open-source Spark code (PySpark or Scala), with interactive development and execution to verify that pipeline works correctly every step of the way.
- Productivity Enhancement - The ability to build and extend custom data frameworks in the visual elements, standardizes and reuses components, leading to improved efficiency, better collaboration, and reduces risk. GIT integration allows for tracking and versioning of changes, test coverage ensures all changes are unit tested, CI/CD moves changes from development to production with high confidence, and metadata search and lineage ensures data can be tracked all the way back to the source.
- Seamless Integration - Prophecy for Databricks integrates smoothly with existing Databricks data stack utilized by enterprises. The technology is deployed within a company's existing Virtual Private Cloud (VPC) and integrates with all major data products and is extensible to support additional tools, including Delta Lake.
From our Customers
"Analyzing large amounts of data in a timely manner and developing key insights through analytics can be a differentiator for our investments. We were looking for a product which allowed non-technology users to interact with data with the same capabilities as an engineer, while keeping control of our ecosystem," said Shehzad Nabi, Chief Technology Officer at Waterfall Asset Management LLC. "Although there are many solutions in the market, none came close to Prophecy's capabilities with plug-and-play integration into Databricks, extensibility, and native Spark code that we control. We see a huge potential with Prophecy in analyzing new datasets and developing scalable data pipelines"
"As a new Databricks customer, we wanted to get our data team productive quickly and reduce the need for specific Apache Spark skills. We've tried other low-code products and either they didn't meet all our expectations or were too difficult to deploy and use," commented João Henriques, Chief Risk Officer at Cegid Invoice & Financing." "With Prophecy, our data team has ramped up very quickly and we are now using advanced capabilities of Spark with the support of Prophecy's experts."
This launch comes on the heels of Prophecy's closing of its $25M Series A round led by Insight Partners earlier this year and serves as the latest addition to its existing product suite. Prophecy's customers include a large range of companies from mid-sized to Fortune 500 companies, primarily in the financial, healthcare, and technology sectors. Pricing for Prophecy for Databricks starts at $5K per month for 10 users. For more information on Prophecy for Databricks, visit Prophecy for Databricks.
About Prophecy
Prophecy is the low-code data engineering company. Prophecy provides an easy-to-use visual interface to interactively build, deploy, execute, and manage data processing. Using software engineering best practices with GIT, CI/CD, unit tests, and column-level lineage, Prophecy is trusted by enterprises including multiple companies in the Fortune 50 running thousands of data pipelines every day. Learn how Prophecy can help you 10x data engineering at www.prophecy.io.
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SOURCE Prophecy | https://www.kxii.com/prnewswire/2022/06/21/prophecy-accelerates-adoption-lakehouse-technology-with-launch-prophecy-databricks-demand-modern-data-stack-skyrockets/ | 2022-06-21T13:59:13Z |
Recent Donation Relieves Stress and Builds Community
for Hundreds More Military Children and Teens
OAKTON, Va., Aug. 11, 2022 /PRNewswire/ -- Our Military Kids® (OMK) is proud to announce Lockheed Martin's $250,000 donation to support over 800 extracurricular activity scholarships for children and teens of deployed National Guard, deployed Reserve, and combat-injured Veterans in recovery.
Since 2005, Lockheed Martin has sponsored more than 5,000 OMK activity scholarships worth nearly $1.5 million to cover STEM, tutoring, sports, camp, and fine arts expenses for military children and teens across the country.
One such OMK scholarship covers flight lessons for 12-year-old Ethan F. during his father's recovery. "This grant allows my son to explore his passion and possibly his future career as a pilot," said his father, a combat-injured U.S. Air Force Veteran. "It meant so much during my recovery to know that Ethan and his sister, Ryleigh, were meaningfully engaged in their activities thanks to OMK grants. It was the morale boost I didn't even know I needed."
OMK's 2022 Annual Survey indicated that 97% of Combat Injured Program families and 84% of Deployed Program families would not have been able to afford their child's extracurricular activity without an OMK scholarship.
"Lockheed Martin's sustained support has benefited thousands of military kids and teens that may not otherwise have these opportunities," said Kara Dallman, OMK Executive Director and retired Navy Veteran. "Our research shows that these activities positively impact kids' mental health, success in school, sense of community, and overall self-confidence. We thank Lockheed Martin for their investment that is shaping our future fighting force."
For more information, please contact mediainquiries@ourmilitarykids.org.
Our Military Kids recognizes the sacrifice of children of deployed National Guard, deployed Reserve, or post-9/11, combat-injured service members or Veterans by offering extracurricular activity grants that build children's self-confidence, enhance family wellness, and strengthen a shared sense of community.
Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products, and services.
Please follow @LMNews on Twitter for the latest announcements and news across the corporation.
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SOURCE Our Military Kids | https://www.wibw.com/prnewswire/2022/08/11/more-than-5000-our-military-kids-scholarships-funded-with-support-lockheed-martin/ | 2022-08-11T13:54:29Z |
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