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BELTON — Services for Joe Lee Tankersley, 98, of Temple will 10 a.m. Friday in Bellwood Cemetery in Temple.
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BELTON — Services for Joe Lee Tankersley, 98, of Temple will 10 a.m. Friday in Bellwood Cemetery in Temple.
Mr. Tankersley died Friday, Aug. 12, at a Temple VA facility.
He was born May 28, 1924, in Greenwood to John and Dolley Tankersley. He was a veteran of World War II. He later worked on offshore oil rigs.
He was preceded in death by his wife, Bettie Mosley Tankersley.
Survivors include two sons, DaleTankersley of Belton and Kenneth Tankersley of Sabinal; a brother, Harvey Tankersley; a sister, Rosie Hunt; two grandchildren; two great-grandchildren; and two great-great-grandchildren
Visitation will be 5-7 p.m. Thursday at Dossman Funeral Home in Belton. | https://www.tdtnews.com/obituaries/article_84304bca-1d15-11ed-9638-c3e03ed567d9.html | 2022-08-16T04:58:44Z |
USC adds San Jose State game, drops BYU from 2023 schedule
LOS ANGELES (AP) — Southern California has added a matchup with San Jose State to its football schedule for 2023. USC added the Spartans in place of a previously scheduled matchup with BYU. USC will host San Jose State at the Coliseum on Aug. 26, 2023, in a so-called “Week Zero” matchup before the traditional opening weekend of the college football season. The Trojans had been scheduled to host the Cougars on Nov. 25, 2023. BYU has dropped several games from its 2023 schedule as it prepares to join the Big 12 next year. | https://localnews8.com/sports/ap-national-sports/2022/04/28/usc-adds-san-jose-state-game-drops-byu-from-2023-schedule/ | 2022-04-29T00:12:57Z |
"Plain Talk Reports" identifies dangerous myths about serious medical topics.
It then presents the current evidence in an easy, quick-read or short-video format.
STAMFORD, Conn., June 17, 2022 /PRNewswire/ -- The TEDMED Foundation, owners of the independent, non-profit TEDMED conference focused on health and medicine, is today launching a free monthly online publication called "Plain Talk Reports."
Plain Talk Reports reviews current widespread, potentially "dangerous beliefs" about serious medical topics. It then compares those dangerous beliefs to the latest scientific evidence in an effort to reduce the harm that misinformation can cause to people and their communities. Each issue of The Report takes the latest publicly-available scientific evidence and synthesizes it in plain English for the average curious reader. This allows Plain Talk Reports to speak to non-experts of all ages as well as scientists, journalists and public health professionals.
Issues of the Report are built around "50 Dangerous Beliefs" starting with a monthly report on COVID-19. The Editor-in-Chief of Plain Talk Reports is former WHO official Dr. Edward Kelley, PhD. (See background on Dr. Kelley below.)
"One of the reasons we created regularly updated Plain Talk Reports," said Dr. Kelley, "was because TEDMED felt the public was being ill-served by the lack of understandable, useful reporting on the current COVID-19 research and what it means to them and their loved ones." He continued, "Science is important, and it is constantly being discovered and updated, but what people need most in a rapidly evolving crisis such as COVID is a common-sense understanding of how our current best knowledge informs the decisions they make. Our goal at Plain Talk Reports is to use neutral, jargon-free, reputable information to help people make better decisions."
All dangerous beliefs, their current evidence, and related footnotes and citations are available for free online in the full report.
No Cost Download
To download the first issue of the full Global and U.S.-centric versions of Plain Talk Reports for free, please visit www.plaintalkreports.com.
One-minute videos on each of the 50 current Dangerous COVID Beliefs and the current evidence regarding those beliefs, are also available for viewing free on YouTube.
Beginning this fall, Plain Talk Reports will begin to launch, dedicated to other medical topics such as Long COVID, heart disease, cancer, immune system disorders, obesity, and others. In addition, premium content for both general readers as well as experts will be available in the coming months. This premium content will take a deeper look into each dangerous belief, including its history and how the evidence related to it has evolved.
All Plain Talk Reports content is vetted by a publicly named team of non-commercial expert reviewers. Dr. Kelley, the Editor in Chief, has spent his career in public health, most recently serving as Director of Integrated Health Services at the World Health Organization, where he also led the WHO's strategy on digital health. Before that, Dr. Kelley served as Director of U.S. National Healthcare Reports at the U.S. Department of Health and Human Services. Among his many current roles, he serves as Executive Director of the ApiJect Global Initiative.
Plain Talk Reports has no commercial or political agenda. Its mission is to make good science understandable and easily accessible to more people and to enhance the public's awareness with the TEDMED Conference and its mission. For additional information, contact info@plaintalkreports.com. You can follow Plain Talk Reports on Twitter @plaintalkreports.
Content from in-house projects such as Plain Talk Reports help inform programming for future TEDMED conferences.
About TEDMED
For more than 20 years, TEDMED talks have appeared on TED.com and TEDMED.com, garnering tens of millions of views globally. TEDMED is an annual conference focusing on health and medicine, with a year-round web-based community. TEDMED is an independent event operating under license from the nonprofit TED conference.
Contact: Kate Scott at info@plaintalkreports.com
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SOURCE The TEDMED Foundation | https://www.wibw.com/prnewswire/2022/06/17/tedmed-launches-plain-talk-reports-free-online-monthly-publication-serving-public-health/ | 2022-06-17T13:25:41Z |
Opinion: The metaverse holds great promise — and great risk
Opinion by Scott Galloway for CNN Business Perspectives
It’s been about six months, since we first heard Meta CEO Mark Zuckerberg’s fever dream for a beautiful metaverse. But the metaverse could be so much more than one man’s quest for control over our virtual lives.
Most would agree that the metaverse could be a series of connected virtual environments that resemble and function similar to our physical world; or, a three-dimensional immersive version of the Web. And we have a sense for what it will be because many of its components already exist: social interactions, economic interactions, are all features of a future metaverse that are not new.
What is new about the metaverse? Separate applications could connect into a seamless experience. You already likely engage in several metaverses every day. Our discreet virtual spaces of today might become one virtual universe tomorrow. The three-dimensional environments of modern games, the connectivity of social media and the commercial power of e-commerce might be all in one seamless, persistent space accessible to everyone on Earth.
The dream is very much alive — if a dream is a herd of tech companies stampeding to cash in. For Meta, Microsoft and other Big Tech players, this vision of the metaverse represents an enormous opportunity, specifically, the chance to be a platform not just for gaming or social media, but for life itself — a place where we work, learn, earn and spend; sort of an operating system for our digital lives.
And why might this happen now? Covid has forged new ground in regard to our digital comfort zones. Many more of us are comfortable with living online.
But for a true metaverse to be realized, it will need to include two features: money and freedom.
Let’s start with money. If it’s to thrive, the metaverse will need to function similarly to a real-world economy. Like the real world (at least in any capitalist society), it has to incentivize individuals to participate in and grow the economy. And we’re already seeing early signs of this.
But, what we still need for that second key component of this metaverse promise to pan out: specifically freedom, or at least interoperability. There’s no point earning magic internet money if you can’t spend it wherever you want — online or offline. And that goes for all other forms of capital you build online as well: your social capital — friends, connections, followers; and your possessions, your stuff.
Why buy clothes if you can’t wear them out of the store? Why buy a Birkin bag if you can’t show it off in the metaverse? Or wear my Fortnite outfit on a Call of Duty raid? Or at a Lil Nas X concert on Roblox? I bought it. I own it. It’s mine.
Also, I should be able to sell it anywhere I want. The freedom, and frankly convenience, of decentralization and interoperability has been promised not only by the metaverse but Web3.
In the promise of the metaverse, and in those hints of the metaverse that currently exist on platforms including Roblox, Twitter, Fifa, World of Warcraft, or even the app store, users can build the worlds that they want to live in — and it needs to be one world. This stands in stark contrast to today’s closed-off digital silos or walled gardens.
That’s the real potential here. The metaverse needs to be a reasonable facsimile of the real world, where I can spend my money and wear my Adidas where I want. Not only will it remind us of the physical world, but the best version of the metaverse will adopt and synchronize with the best elements of our offline life.
Also familiar? The risks. Just as in the physical world, freedom is easily lost and our lives easily manipulated. No metaverse built by humans is going to be void of the human instinct to want power, and that power could be enormous.
So who has the vision, the resources and maybe the arrogance to want to be our scientific God? To believe that they could be the most powerful person on Earth?
One guess. The company formerly known as Facebook.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/12/opinion-the-metaverse-holds-great-promise-and-great-risk-2/ | 2022-04-12T15:07:14Z |
(The Hill) — Rep. Marjorie Taylor Greene (R-Ga.) was swarmed by the media and angry pro-abortion rights protesters as she walked through a crowd of demonstrators outside the Supreme Court just about 15 minutes after the announcement of its decision overturning the landmark Roe v. Wade abortion rights case.
“You are a traitor,” someone in the crowd yelled at Greene.
“Lock her up,” another person chanted.
But Greene, celebrating the decision, smiled as her staff blocked protesters advancing at Greene and escorted her to a secure location.
“I am so happy. It’s a blessing. It’s a miracle,” Greene said.
She then turned her attention to pro-abortion demonstrators.
“I think we have to worry about the radical left,” Greene said. “They’re going to perform an insurrection here at the Supreme Court.”
“We’ve got to protect women. Ruth Sent Us is a domestic terrorist group, and so is Jane’s Revenge,” Greene added, referencing pro-abortion rights groups that have targeted Catholic churches and anti-abortion centers. “Anyone who is supporting abortion is supporting them.”
The group Jane’s Revenge has claimed responsibility an arson attack at the office of Wisconsin Family Action, an anti-abortion group, last month.
Greene told The Hill that the Supreme Court was “courageous” for the decision in Dobbs vs. Jackson Women’s Health, and noted that the decision does not outlaw abortion nationwide.
“It’s just taking it back to the states, giving the right back to the states to make their own laws regarding abortion, which is extremely important,” Greene said.”
Thirteen states have trigger bans designed to ban abortion once Roe is overturned, however. Missouri was the first state to have a “trigger ban” take effect on Friday following the ruling. | https://cw33.com/news/nexstar-media-wire/its-a-miracle-marjorie-taylor-greene-calls-abortion-ruling-a-blessing/ | 2022-06-24T21:03:33Z |
PORTLAND, Ore., July 26, 2022 /PRNewswire/ -- PaperCut has announced that Google has standardised on PaperCut MF to underpin its internal print infrastructure. The announcement follows the deprecation of Google Cloud Print, a service that enabled internal and external users to print from any Cloud Print-aware application, on any device in the network cloud to any printer with native support for connecting to cloud print services. PaperCut MF – which offers powerful print management for printers and multifunction devices – met Google's requirement for a solution that offers flexible print management across Google's complex print environment, which caters for approximately 200,000 employees and nearly 3,000 printers across all of its offices globally.
When looking to replace Google Cloud Print, the company assessed two options. The first was to take over the infrastructure for what used to be Cloud Print as a public product and make it internalised only, while maintaining that infrastructure. The second option was to find a product and vendor that could work with Google and support its security and infrastructure needs. Google's Chrome team proposed a number of print vendors as an enterprise alternative for Google Cloud Print, among which PaperCut MF stood out, in part for its support for BeyondCorp, Google's own zero trust model, and native OS printing across the four major platforms at Google - Linux, Mac, Windows and Chrome OS. PaperCut MF was also able to provide support for mobile devices, and the ability to badge in order to collect prints, as well as direct printing.
A Proof of Concept (PoC) exercise within Google Cloud conducted with three vendors, put a spotlight on PaperCut's superior capabilities, scalability for future expansion and high availability as well as its suitability for enterprise organisations. Its ease of use also impressed, with PaperCut's PoC up and running on the Google Cloud Platform within days, testing domains and instances smoothly and easily.
Ideally suited to Google's needs, PaperCut MF will help shrink its print bills, enabling Google to 'give back' to the environment and its print budget. PaperCut MF's eco-friendly policies will encourage less paper use which, in turn, saves on toner and electricity, and makes sustainable habits the status quo among users. PaperCut MF does that through innovative features like Responsible Reminders which help to implement print policies on-the-fly, via friendly pop-ups that prompt users to print in duplex or grayscale. Also helping to make overflowing recycling bins a thing of the past, are features like Secure Print Release, while actionable reports provide full print visibility to help unlock in-depth insights and stats.
Steve Holmes, US Director, PaperCut, said: "Organisations of all sizes are looking to simplify their print with solutions that are flexible enough to scale according to their ever-evolving business needs. Google is one example of a PaperCut customer that needed to take a new approach to print - one that could accommodate the intricate needs of a global organisation that prioritises security, collaboration and sustainability across multiple teams that practise hybrid working – while delivering tangible benefits in terms of ease of use, security and sustainability."
Ofer Bar-Zakai, Google's Operations and Engineering Manager, added: "Previously, Google built its own cloud print solutions, which up until last year customers were also able to use. Following its deprecation, we needed to implement a scalable and robust print architecture that met our security, flexibility and sustainability standards, which is very important to Google. The idea that we could literally just save paper when printing was appealing for us from the get-go. Therefore, with PaperCut MF, we have found a solution that does just that, and one that will help pave the way for future evolution of our print environment. Google chose PaperCut MF because it's the best printing solution we could find for our needs."
About PaperCut Software
Around the world, people continue to wrestle with printing costs and complexity – and PaperCut is solving both one workplace at a time. Since 1998, PaperCut has helped over 100 million users in 192 countries save over a billion pages of paper. Today, businesses of all shapes and sizes enjoy unbeatable control, security, and savings in their printing. Learn more at www.papercut.com.
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SOURCE PaperCut | https://www.wibw.com/prnewswire/2022/07/26/google-standardises-papercut-mf-underpin-internal-print-infrastructure/ | 2022-07-26T16:48:30Z |
Dr. Taha Merghoub Appointed Deputy Director
NEW YORK, July 28, 2022 /PRNewswire/ -- Dr. Jedd Wolchok, an internationally acclaimed medical oncologist whose innovations in immunotherapy have revolutionized melanoma treatment, has been recruited as the Meyer Director of the Sandra and Edward Meyer Cancer Center at Weill Cornell Medicine, effective Sept. 12.
In his new role, Dr. Wolchok will lead an expansive, multidisciplinary research and clinical enterprise dedicated to translating groundbreaking discoveries on the underlying causes of cancer into cutting-edge treatment approaches and personalized therapies to improve patient outcomes. Dr. Wolchok will also expand the exemplary care delivered at the institution's flagship Upper East Side Manhattan location and further enhance care for patients in Brooklyn and Queens.
Dr. Wolchok currently serves as chief of the Immuno-Oncology Service and the Lloyd J. Old /Virginia and Daniel K. Ludwig Chair in Clinical Investigation at Memorial Sloan Kettering Cancer Center (MSK), and he is a professor of medicine at Weill Cornell Medicine. He succeeds Dr. Massimo Loda, chair of the Department of Pathology and Laboratory Medicine at Weill Cornell Medicine, who has served as interim director since last year's departure of Dr. Lewis Cantley, the center's founding Meyer Director.
"Dr. Wolchok is a distinguished physician-scientist and an esteemed leader in oncology, whose innovative research in immunotherapy has transformed the prognosis for countless melanoma patients and will undoubtedly have lasting implications for other types of cancer. We are thrilled he will be heading the Meyer Cancer Center," said Dr. Augustine M.K. Choi, the Stephen and Suzanne Weiss Dean of Weill Cornell Medicine. "His expertise and vision will be crucial as the institution enhances cancer research and treatment efforts throughout the city, providing critical care and hope to cancer patients, and building on the center's outstanding reputation as a leader in this field.
"We would also like to thank Dr. Loda for his dedicated service as interim director of the Meyer Cancer Center over the past year," Dr. Choi added. "His strong leadership and vast experience in this area of medicine have allowed the center to continue its vital, groundbreaking work in cancer research and care."
Created in 2014 with a $75 million gift from Sandra and Edward Meyer and the Sandra and Edward Meyer Foundation, the Weill Cornell Medicine Meyer Cancer Center, in partnership with NewYork-Presbyterian, unifies cancer research throughout Weill Cornell Medicine and has more than 140 core members, including basic scientists, surgeons, oncologists, radiologists, pathologists and other clinicians. The Meyer Cancer Center focuses on multidisciplinary, high-impact science, harnessing cutting-edge technology and new biomedical approaches to illuminate the biological conditions that allow cancer to develop and proliferate. Collaborations between basic scientists and physicians are accelerating the application of these findings into clinical care, while partnerships with community stakeholders help to rapidly translate cancer prevention and detection discoveries into new outreach programs for the communities that need it most.
"Dr. Wolchok is a renowned physician-scientist and exceptional leader whose pioneering research in immunotherapy has fundamentally changed the way we approach cancer care and improved the lives of countless patients. We are delighted to welcome him as the new director of the Meyer Cancer Center," said Dr. Steven J. Corwin, president and CEO of NewYork-Presbyterian. "His leadership and experience will be instrumental in elevating the groundbreaking work of the Meyer Cancer Center and further enhancing the innovative, personalized and compassionate cancer care we provide to patients in all the communities we serve. We would like to express our gratitude to Dr. Loda for his dedication and leadership in helming the center as interim director for the past year."
Dr. Wolchok is a pioneer in a cancer treatment approach that harnesses immune cells to fight the disease, with a specific focus on melanoma. A clinician-scientist, he investigates innovative immunotherapy strategies in laboratory models of melanoma and has served as principal investigator of multiple clinical trials. Immunotherapy has now emerged as a fourth pillar of standard cancer therapy, alongside surgery, radiation therapy and chemotherapy. Dr. Wolchok played a pivotal role in the clinical development of the U.S. Food and Drug Administration-approved immunotherapy ipilimumab for advanced melanoma and more recently designed and led a global phase 3 trial of the first combination of immunotherapies, known as immune checkpoint blocking antibodies, aimed at reactivating the immune response to melanoma. These approaches have resulted in therapeutic success in multiple cancer types after initial studies in melanoma.
The institution has also appointed Dr. Taha Merghoub, a highly accomplished and innovative research scientist who has been Dr. Wolchok's scientific partner at Memorial Sloan Kettering for over 15 years as well as a professor of immunology research in medicine at Weill Cornell Medicine, as deputy director of the Meyer Cancer Center. Dr. Merghoub, who was also recruited as the Margaret and Herman Sokol Professor of Oncology Research as well as a professor of pharmacology, will lead a laboratory at Weill Cornell Medicine, which investigates the development of immune-based therapies to treat cancer. Dr. Merghoub strives to understand why immunotherapy is effective in some patients but not others and aims to develop new mechanism-based combination therapies that can overcome treatment resistance.
"Through the generosity and vision of Sandra and Edward Meyer, the Meyer Cancer Center serves as the backbone of Weill Cornell Medicine's cancer ecosystem, as we advance our mission to provide the best care for our patients and find cures for these devastating diseases," said Jessica M. Bibliowicz, chairman of the Weill Cornell Medicine Board of Fellows. "Dr. Wolchok is a proven leader and innovator in this field and the ideal choice for this position, harnessing the incredible, collaborative achievements in cancer research and treatment and elevating it to the next level of excellence."
"Bringing the standard of care and the research portfolio that exists at the Meyer Cancer Center to patients in Brooklyn and Queens is a key priority for me to ensure that all New Yorkers receive 'A-team' cancer treatment that is based upon the latest research," Dr. Wolchok said. "I'm honored to lead our physicians and scientists across all of oncology to continue driving discoveries that change medicine."
"This is an opportunity for me to enhance the impact of my efforts so far in my career," he said. "I've been proud to be a Weill Cornell Medicine faculty member throughout my time at Memorial Sloan Kettering, and this new role will allow me to learn more about the institution from the inside, build a bigger cancer team and share what I've learned."
"Jedd Wolchok's contributions to Memorial Sloan Kettering Cancer Center have benefitted the MSK community, patients and trainees worldwide," said Dr. Craig B. Thompson, president and chief executive officer of MSK. "We are grateful to Dr. Wolchok for his dedication and compassionate care and know that he will continue to accelerate progress and make a difference in the lives of people with cancer in his new endeavor."
In his new role, Dr. Wolchok will elevate the Meyer Cancer Center's activities, recruiting leading cancer researchers and clinicians, with a focus on enhancing both faculty diversity and broadening the reach of health care to diverse patient populations. He will strive to bolster the center's educational programs to train generations of physicians and scientists. He will also prioritize expanding the center's clinical trial enterprise, seeking to create a balanced portfolio "that has high impact across the populations that we serve," he said, including investigator-initiated trials, National Cancer Institute cooperative group trials, as well as trials sponsored by industry. These trials will extend to NewYork-Presbyterian Brooklyn Methodist Hospital and NewYork-Presbyterian Queens, to better reach patients who live in traditionally underserved communities and increase access to the most advanced treatments where it's convenient for them.
"I am a proud physician-scientist, and neither one of those descriptors is more important than the other," said Dr. Wolchok, who noted that he will continue to see patients. "At the Meyer Cancer Center, I hope to achieve a true balance, and with real-time communication between our clinicians and researchers, we will be able to achieve the highest degree of success."
About Dr. Jedd Wolchok
Dr. Wolchok is a board-certified oncologist and investigator who specializes in exploring innovative immunotherapeutic strategies, with a focus on melanoma research and clinical expertise in the care of people with advanced stages of the disease. He has published more than 275 scholarly papers in leading peer-reviewed journals including The New England Journal of Medicine, Nature, Cell, Journal of Clinical Oncology, Cancer Discovery and The Journal of Experimental Medicine, where he serves as an academic editor. His work has been consistently funded by the National Cancer Institute, the Ludwig Institute for Cancer Research, the Parker Institute for Cancer Immunotherapy, Swim Across America, Stand Up to Cancer, the Mark Foundation, and the Melanoma Research Alliance, among other organizations.
He is a member of American Society of Clinical Oncology (ASCO), the American Association for Cancer Research (AACR), the American Association of Physicians and the American Society for Clinical Investigation. Dr. Wolchok has received numerous awards and honors including the Damon Runyon-Lilly Clinical Investigator Award, the Melanoma Research Foundation Humanitarian Award, the AACR's Richard and Hinda Rosenthal Memorial Award and Joseph H. Burchenal Award, and, most recently, ASCO's David Karnofsky Award.
Dr. Wolchok received his undergraduate degree from Princeton University, his doctorate in microbiology from NYU Graduate School of Arts and Sciences and medical degree from NYU Grossman School of Medicine, where he also completed his residency program in internal medicine. After completing a fellowship in medical oncology-hematology at Memorial Sloan Kettering Cancer Center, he joined its faculty—as well as Weill Cornell Medicine's—and has served there for more than 25 years, ultimately rising to the position of chief of the Immuno-Oncology Service.
Weill Cornell Medicine
Weill Cornell Medicine is committed to excellence in patient care, scientific discovery and the education of future physicians in New York City and around the world. The doctors and scientists of Weill Cornell Medicine — faculty from Weill Cornell Medical College, Weill Cornell Graduate School of Medical Sciences, and Weill Cornell Physician Organization — are engaged in world-class clinical care and cutting-edge research that connect patients to the latest treatment innovations and prevention strategies. Located in the heart of the Upper East Side's scientific corridor, Weill Cornell Medicine's powerful network of collaborators extends to its parent university Cornell University; to Qatar, where Weill Cornell Medicine-Qatar offers a Cornell University medical degree; and to programs in Tanzania, Haiti, Brazil, Austria and Turkey. Weill Cornell Medicine faculty provide exemplary patient care at NewYork-Presbyterian/Weill Cornell Medical Center, NewYork-Presbyterian Westchester Behavioral Health Center, NewYork-Presbyterian Lower Manhattan Hospital, NewYork-Presbyterian Queens and NewYork-Presbyterian Brooklyn Methodist Hospital. Weill Cornell Medicine is also affiliated with Houston Methodist. For more information, visit weill.cornell.edu.
NewYork-Presbyterian
NewYork-Presbyterian is one of the nation's most comprehensive, integrated academic healthcare systems, encompassing 10 hospitals across the Greater New York area, nearly 200 primary and specialty care clinics and medical groups, and an array of telemedicine services.
A leader in medical education, NewYork-Presbyterian Hospital is the only academic medical center in the nation affiliated with two world-class medical schools, Weill Cornell Medicine and Columbia University Vagelos College of Physicians and Surgeons. This collaboration means patients have access to the country's leading physicians, the full range of medical specialties, latest innovations in care, and research that is developing cures and saving lives.
Founded 250 years ago, NewYork-Presbyterian Hospital has a long legacy of medical breakthroughs and innovation, from the invention of the Pap test to pioneering the groundbreaking heart valve replacement procedure called TAVR.
NewYork-Presbyterian's 48,000 employees and affiliated physicians are dedicated to providing the highest quality, most compassionate care to New Yorkers and patients from across the country and around the world.
For more information, visit www.nyp.org and find us on Facebook, Twitter, Instagram, and YouTube.
Contact:
Jen Gundersen
jeg2034@med.cornell.edu
917) 242-2389
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SOURCE Weill Cornell Medicine | https://www.wibw.com/prnewswire/2022/07/28/dr-jedd-wolchok-appointed-meyer-director-sandra-edward-meyer-cancer-center-weill-cornell-medicine/ | 2022-07-28T13:02:25Z |
ROCKVILLE, Md., Sept. 7, 2022 /PRNewswire/ -- The U.S. Department of Housing and Urban Development (HUD) has released part two of its Annual Homeless Assessment Report (AHAR) to Congress, which was produced by Abt Associates. The report identifies demographics and patterns among the people who use the nation's emergency shelters, safe havens, and transitional housing programs. This edition's data show that the number of people who accessed shelter programs declined by 14 percent between 2019 and 2020.
However, factors related to the pandemic obscure the realities of homelessness during this time. With fewer beds available to people experiencing homelessness, these reductions should be viewed with extreme caution. Further, Black, Indigenous, and people of color continued to be vastly over-represented among those experiencing homelessness in 2019 and 2020. While there was a decline in shelter use across all populations (families, individuals, veterans, and youth), people with chronic patterns of homelessness increased by 20 percent, emphasizing the vulnerability of this population during a public health crisis.
Key Findings
- In 2020, an estimated 1.25 million people in 960,000 households used shelter programs at some point during the reporting year – six months of which occurred during the COVID-19 pandemic. That's a 14-percent reduction from 2019.
- Sixty percent of households experiencing sheltered homelessness in 2020 (or 570,000 households) were doing so for the first time. This is a reduction over 2019, reflecting the reduced inflow into shelter programs during the pandemic. Communities reported eviction moratoria, a hesitancy to use shelter, and other prevention resources reduced the number of people using shelter during the pandemic.
- People experiencing sheltered homelessness remain disproportionately Black, Indigenous, and people of color. Black people were considerably overrepresented among those experiencing homelessness. For context: 12 percent of all U.S. heads of households identify as Black but 21 percent of the heads of households living in poverty are Black. Disturbingly, when looking at people experiencing sheltered homelessness, that figure almost doubles again: people identifying as Black accounted for 40 percent of heads of sheltered households in 2020.
The 2020 estimates in this report are profoundly affected by COVID-19; emergency shelters reduced capacity—in some cases by 50 percent—to allow for social distancing. However, the 2019 data assessed through the Longitudinal Systems Analysis (LSA) platform were much improved since the LSA's debut in the 2018 report. With 2019 serving as the new baseline for comparing year-to-year changes in sheltered homelessness, we will be able to see changes in homelessness as shelter capacity recovers. As in past years, the AHAR estimates are weighted for missing data to produce a representative national estimate. For the first time ever, we are able to report separately on use of shelters in rural areas. The new data show how programs such as short-term rent subsidies are used by rural communities as an alternative to shelters when they have limited shelter capacity.
"Homelessness persists due to a systemic failure to address deep poverty, a lack of affordable housing, and structural racism," said AHAR lead author Meghan Henry, a senior associate at Abt. "It's possible that COVID-related economic interventions temporarily mitigated the impact of those first two challenges, but the AHAR data illustrates that the social safety net must be cast more widely, to help all Americans who need it."
Read the report here
Abt Associates is a global consulting and research firm that combines data and bold thinking to improve the quality of people's lives. We partner with clients and communities to advance equity and innovation—from creating scalable digital solutions and combatting infectious disease, to mitigating climate change and evaluating programs for measurable social impact—and more.
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SOURCE Abt Associates | https://www.mysuncoast.com/prnewswire/2022/09/07/hud-congress-new-homelessness-analysis-by-abt-finds-use-shelter-programs-down-due-pandemic/ | 2022-09-07T16:30:23Z |
Innovative solutions for all types of network-related issues.
ST. PAUL, Minn., July 6, 2022 /PRNewswire/ -- End 2 End Technologies (E2E) launches an innovative and easy-to-use solution for traditional wireless connections, Industrial Management Software (IMS). The need for technological and industrial solutions for industrial networks has driven E2E's development of this software for optimizing performance and securing assets on customers' field operation networks.
Through IMS, energy companies who are required to comply with or support TSA and NERC-CIP cybersecurity guidance and directives have access to a solution that backs change management processes for credentials and monitoring of these changes for industrial communications devices supporting field area networks (FAN).
Because of the broad applicability of IMS, E2E has partnered with GE MDS products and other manufacturers to provide modern technology solutions in the industrial field for network management to its customers. IMS provides visibility and management of vendors like GE MDS, Cambium Networks, Radwin, Freewave, Sierra Wireless, Ubiquity, and others.
GE MDS and Cambium Networks products provide long-range and broadband solutions for high-reliability applications. This function allows E2E to supply technology and service-based solutions to be most effective in industrial environments such as the Oil/Gas, Utilities, and Rail sectors.
End 2 End Technologies is an industrial wireless communications partner and Industrial IoT Solutions provider since 2013. Their services include consulting, design, deployment, and management of demanding communications networks and IIoT solutions.
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SOURCE End 2 End Technologies | https://www.wibw.com/prnewswire/2022/07/06/end-2-end-technologies-launches-solution-support-compliance-with-tsa-nerc-cip-security-directives/ | 2022-07-06T15:08:42Z |
NEW ORLEANS, June 24, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 1, 2022 to file lead plaintiff applications in a securities class action lawsuit against Dentsply Sirona, Inc. (NasdaqGS: XRAY), if they purchased the Company's shares between June 9, 2021 and May 9, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of Ohio.
What You May Do
If you purchased shares of Dentsply and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-xray/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 1, 2022.
About the Lawsuit
Dentsply and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On April 19, 2022, the Company disclosed the sudden termination of CEO Donald Casey "effective immediately." On this news, shares of Dentsply fell by $6.52 per share, or 13%, from $48.72 per share to $42.20 per share. Then, on May 10, 2022, the Company disclosed an ongoing investigation by the Audit and Finance Committee of the Board of Directors, outside counsel and a forensic accounting firm into whether "former and current members of senior management" used improper means to achieve executive compensation goals and other matters relating to financial reporting, which resulted in the Company being unable to timely file its Form 10-Q for the first quarter ended March 31, 2022. On this news, shares of Dentsply fell by $2.87 per share, or 7%, from $39.25 per share to $36.38 per share.
The case is City of Miami General Employees' & Sanitation Employees' Retirement Trust v. Casey, Jr., No. 2:22-cv-02371.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.wibw.com/prnewswire/2022/06/25/dentsply-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-dentsply-sirona-inc-xray/ | 2022-06-25T03:37:43Z |
Bjorkstrand leads Blue Jackets to 5-2 win over Lightning
By NICOLE KRAFT
Associated Press
COLUMBUS, Ohio (AP) — Oliver Bjorkstrand led Columbus with a goal and an assist, and the Blue Jackets beat Tampa Bay 5-2 and kept the Lightning from clinching the No. 3 seed in the Atlantic Division. Jakub Voracek, Cole Sillinger, Jack Roslovic and Andrew Peeke also scored in the Blue Jackets’ final home game and Elvis Merzlikins stopped 25 shots in his 27th win. Nikita Kucherov and Corey Perry scored for Tampa Bay and Brian Elliott stopped 30 shots. Tampa Bay has a one-point lead over Boston with one game remaining for each team. The No. 3 seed will play the Toronto Maple Leafs and the other earns the East’s No. 1 wild card spot and a series against the Carolina Hurricanes. | https://localnews8.com/sports/ap-national-sports/2022/04/28/bjorkstrand-leads-blue-jackets-to-5-2-win-over-lightning/ | 2022-04-29T03:45:37Z |
Four weeks after a gunman entered Robb Elementary School in Uvalde, Texas, and killed 19 young students and two teachers, one of the state's top law enforcement officials offered a minute-by-minute breakdown of the police response -- and called it an "abject failure."
On Tuesday, Texas Department of Public Safety (DPS) Director Col. Steven McCraw shared a new timeline into the morning of the tragedy, one that offered new details from a previous breakdown he had shared with reporters.
"Three minutes after the subject entered the (school), there was a sufficient number of armed officers wearing body armor, to isolate, distract and neutralize the subject," McCraw told the Texas Senate Special Committee to Protect All Texans.
The only thing stopping those officers, McCraw said, was the on-scene commander who "decided to place the lives of officers before the lives of children." That commander was Uvalde school district police chief Pedro "Pete" Arredondo.
"One hour, 14 minutes, and eight seconds. That's how long the children waited and the teachers waited ... to be rescued," McCraw said.
This is the latest timeline from the director, detailing how the tragedy unfolded with the help of funeral home footage, school surveillance 911 and phone recordings and law enforcement body worn camera. (CNN has rounded the seconds in the timeline.)
The moments before the attack
At roughly 11:28 a.m. on May 24, the suspect crashes his grandmother's pickup truck in a ditch in front of the school and a funeral home, McCraw said. The 18-year-old gunman had been living with his grandparents, whose home was less than 0.3 miles from the elementary school, according to the director.
(Prior to that crash, the gunman was home and messaging a teen in Germany, CNN has previously reported. In those messages, he complained about his grandmother and at 11:21 a.m. texted: "I just shot my grandma in her head." Moments later, he said he was going to "shoot up" an elementary school.)
At about 11:29 a.m., two men from the funeral home go out to see the crash. Meanwhile, seconds later, a teacher who was inside the school calls 911 and reports a man with a gun, McCraw said.
At roughly 11:31 a.m., after firing at the men from the funeral home, the suspect begins shooting at the school from outside, McCraw said. The gunman fired 27 times while he was outside, shooting into classrooms, according to McCraw.
When the shooter reached the door he entered through, at the school's west entrance, it was unlocked, McCraw said.
(The door had been propped open by a teacher and later closed by the same teacher before the shooter entered, McCraw said. That educator was the one who called 911 about a man with a gun, McCraw said.)
A school resource officer who was not on campus but heard the 911 call drove to the area around that time and sped to the back of the school, to a person he thought was the suspect but was a teacher, McCraw said last month.
"In doing so, (the school resource officer) drove right by the suspect, who was hunkered down behind a vehicle, where he began shooting at the school," McCraw had said at the time.
At Tuesday's hearing, McCraw said that officer reported he was heading for the subject, which also caused confusion early in the police response.
Suspect enters the school
At 11:33 a.m., the suspect enters the school, according to a timeline that accompanied McCraw's testimony.
The shooter begins walking and turns into a hallway that leads him to the adjoining classrooms 111 and 112. Roughly 30 seconds after entering the building, he begins firing into one of the two rooms, according to the timeline.
He pulls the door of one of the rooms open and walks in, McCraw said. According to the timeline, the shooter exited and re-entered one of the classrooms within moments.
Just before 11:36 a.m., three Uvalde Police Department officers with two rifles enter from the same door as the gunman, according to the timeline.
At 11:36 a.m., one officer with the Uvalde Consolidated Independent School District, as well as Arredondo, the district chief, and two Uvalde Police Department officers enter through another door of the school.
Three seconds later, three additional Uvalde Police Department officers and one district officer enter through the same door as the gunman, according to the timeline.
At 11:37 a.m., the suspect, from inside the classroom, shoots and injures officers approaching the classroom doors. Two of those officers received grazing wounds, McCraw said last month.
More than 100 rounds were fired between the time the shooter first attacked the classroom to when he shot at the officers, according to the timeline.
At roughly 11:38 a.m., an unknown officer says the subject was "contained in this office," according to the timeline, which cites body worn cameras. (This footage has not been released, but McCraw testified Tuesday his agency plans to eventually do so.)
That was not the right report for an active shooter, McCraw said.
At roughly 11:40 a.m., Arredondo, who did not have his police radio with him, called the Uvalde Police Department's landline, according to the timeline. (Earlier this month, Arredondo told The Texas Tribune he didn't consider himself the incident commander and left his police radio and campus radio outside the school because he thought carrying them would slow him down.)
McCraw shared a transcript of that landline conversation, during which Arredondo reportedly told the dispatcher the gunman had "shot a whole bunch of times," asked for the building to be surrounded and for more forces, saying, "We don't have enough firepower."
Moments later, the suspect fired one round, according to the timeline.
Officer whose wife was killed arrives on scene
At roughly 11:41 a.m., a Uvalde police officer says, "We believe that he is barricaded in one of the offices," but adds, "there's still shooting," the timeline states, citing body camera footage.
A dispatcher asks if the door is locked. A police officer responds, "I am not sure but we have a hooligan to break it."
Shortly before 11:42 a.m., four first responders enter from a hallway. "Officers continue to flood into the particular area," McCraw said at Tuesday's hearing. Several moments later, a DPS trooper and two Uvalde police officers enter from the hallway.
At 11:44 a.m., the suspect fires another round. Shortly after that, a Uvalde police officer says, "Have some officers that are available to get everybody back," according to the timeline.
At roughly 11:48 a.m., school district police officer Ruben Ruiz -- whose wife, teacher Eva Mireles, was killed in the attack -- enters through the same building door as the gunman and is heard on body cam footage telling other officers, "She says she is shot," the timeline states.
"He got a call from his wife. His wife was in room 112," McCraw said Tuesday.
Local officials have previously said Mireles spent some of her final breaths on the phone with her husband, telling him she was dying.
Shortly before 11:51 a.m., an unknown officer says, "They need to get out of the hallway," according to the body cam footage. A Uvalde police officer says, "Chief is in there, Chief is in charge right now, hold on."
Moments later, seven border patrol agents enter through the same building door as the gunman. Nearly a minute after that, the first ballistic shield enters through that door, according to the timeline.
A Uvalde police officer is heard saying units were just "showing up," and asks, "Can you help with crowd control?"
"So officers after 11:52 are being diverted to crowd control activities," McCraw says.
'Are kids still in there?'
At roughly 11:53 a.m., an unknown officer tells a DPS special agent all they need is a perimeter, according to the timeline.
Someone comments on whether there are still children inside. The DPS special agent responds, "If there is then they just need to go in," per the timeline.
Shortly after 11:54 a.m., a DPS special agent enters the school building and is directed to where the focus is, according to the timeline. He asks an officer, "Are kids still in there?" The officer responds, "It is unknown at this time."
A Uvalde police officer says the shooter is in classroom 111 or 112, adding, "Chief is making contact with him. No one has made contact with him."
Shortly after 11:56 a.m., an unknown officer asks if authorities don't know whether there are children inside. The DPS special agent says if there are, "We need to go in there." He repeats it a moment later. The unknown officer responds: "Whoever is in charge will determine that."
A police department channel recording says, "It is critical for everybody to let PD take point on this." An unknown officer asks where the gunman is, and another responds, "The school chief of police is in there with him."
Shortly after 11:58 a.m., the DPS special agent says the situation sounds like "a hostage rescue situation," adding, "they should probably go in," according to the timeline.
The agent then indicates he wants to clear more rooms in the school, according to the timeline. An unknown officer asks whether a supervisor should approve that. The special agent responds, "He's not my supervisor," according to the timeline.
Shortly after 12:03 p.m., a young girl from inside one of the adjoining classrooms calls 911, identifies herself and whispers the classroom she is in, McCraw previously said. The call lasted a minute and 23 seconds. She calls back several minutes later and says multiple people are dead.
"She's in room 112. And she was actually the only child in room 112 that was uninjured. There (were) eight children killed, two teachers killed in that room," McCraw said Tuesday.
Meanwhile, the second ballistic shield enters the building. Less than 30 seconds later, a third one enters, according to the timeline. "And yet, there's no action," McCraw says during the hearing.
At roughly 12:09 p.m., a Uvalde police officer is heard on body cam telling someone to "get the master key to the rooms."
Roughly a minute later, members of the Border Patrol's tactical unit, BORTAC, begin arriving at the school.
Arredondo requests a key, then a breaching tool
At 12:11 p.m., Arredondo now requests a master key. Roughly three minutes later, he instructs officers to have a sniper on the roof.
At 12:13 p.m., the girl calls 911 again, McCraw said previously.
A little after 12:15 p.m., a BORTAC member arrives inside the building.
Around 12:16 p.m., the girl calls 911 again and tells dispatchers there are eight to nine students alive, McCraw has said.
Around the same time, Arredondo is heard through body cam footage saying he needs a key. About a minute after that, he is heard telling people to wait, adding, "No one comes in," according to the body camera footage.
At 12:19 p.m., another person calls 911 from one of the adjoining classrooms and hangs up when another student tells her to, McCraw said last month.
Meanwhile, a fourth ballistic shield enters the building. The suspect then fires four rounds.
The timeline then quotes from body cam footage that offers a glimpse into Arredondo's actions in the minutes before the shooting:
Shortly after 12:21 p.m., he is heard asking for a breaching tool.
After 12:23 p.m., Arredondo says, "We've lost two kids. These walls are thin. If he starts shooting we're going to lose more kids. I hate to say we have put those to the side right now." He then tries to communicate with the suspect in English and Spanish.
"The entire communication was always one-way. The suspect never communicated, so it was not communication," McCraw said Tuesday.
At roughly 12:26 p.m., an officer says there's a teacher shot inside, and another officer responds, "I know."
'People are going to ask why we're taking so long.'
At roughly 12:27 p.m., Arredondo is heard saying: "People are going to ask why we're taking so long. We're trying to preserve the rest of the life," according to the timeline.
Seconds later, he asks if there's a team ready and roughly a minute later, is heard saying he would get more keys to test on the door. Seconds later, he says the master keys are not working.
McCraw said Tuesday there was more than one master key for the classrooms in the school, which would explain why the one Arredondo had did not work.
At 12:30 p.m., Arredondo says authorities have cleared out everyone in the school except for the adjoining classrooms, according to the timeline. He adds they are ready to breach but that the room's door is locked.
More than three minutes later, he adds, "I say we breach through those windows and shoot his f**king head through the windows."
After 12:35 p.m., the Hooligan breaching tool enters the school. Meanwhile, Arredondo attempts to talk to the suspect again shortly after in both English and Spanish.
At 12:36 p.m., the student who initially called 911 calls again, is told to be very quiet and tells dispatchers, "He shot the door," McCraw previously said. She would later go on to ask dispatchers multiple times to send the police.
At approximately 12:41 p.m., Arredondo is heard saying authorities believe there are injuries in the room, according to the timeline. He adds shortly after that the rest of the building has been evacuated, so "we wouldn't have anymore besides what's already in there."
At roughly 12:42 p.m., the timeline states the district chief is again heard saying authorities are having trouble getting in the room because of the locked door. "He's got an AR-15 and he's shooting everywhere like crazy," he says, adding the gunman has stopped.
About a minute later, Arredondo says they need more keys. Three minutes later, he is heard telling others, "If y'all are ready to do it, you do it, but you should distract him out that window," according to the timeline.
Shortly before 12:48 p.m., a sledgehammer enters the building.
At 12:50:03 p.m., authorities enter the room and shoot and kill the gunman. Seven officers went in, with four going in first, followed by three more, McCraw said. Five officers fired at the subject, he added.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/a-top-texas-official-shared-new-details-on-how-police-responded-to-the-uvalde-massacre/article_99521b62-9068-560a-8f9d-2420134691a7.html | 2022-06-22T02:42:07Z |
NEW ORLEANS (NEXSTAR) — A stinky but handsome and widely popular landscape tree has become an aggressive invader.
Callery pears create dense thickets that overwhelm native plants and bear four-inch spikes that can flatten tractor tires.
Bradford pears and other ornamental Callery pears were cultivated from an import that saved pear orchards from a deadly bacterial disease. And for decades, the decorative trees seemed near perfect, aside from a tendency to fall apart after about 15 years — and their stench.
But they cross pollinated with other ornamental varieties.
Invasive stands now have been reported in more than 30 states. Fourteen states have formally listed the trees as invasive.
The Pennsylvania Department of Agriculture has decided to place a phased ban on the Callery Pear, giving nursery owners time to draw down their inventories.
Missouri’s Department of Conservation is holding a buyback program for the tree. To qualify a property owner must provide a photo of a cut down pear tree in order to earn a free, less offensive, replacement tree.
The Associated Press contributed to this report. | https://cw33.com/news/this-tree-is-so-invasive-and-stinky-one-state-launched-a-buyback-program/ | 2022-04-26T23:58:36Z |
Beyoncé is removing an offensive term for disabled people from a new song on her record “Renaissance,” just weeks after rapper Lizzo also changed lyrics to remove the same word.
“The word, not used intentionally in a harmful way, will be replaced,” a spokeswoman for Beyoncé wrote in a statement to The Associated Press on Monday.
The song “Heated,” which was co-written with Canadian rapper Drake among several others, uses the word “spaz,” which is considered a derogatory reference to the medical term spastic diplegia, a form of cerebral palsy.
Lizzo also removed the word from one of her songs, “Grrrls,” in June after disability advocates complained about the lyrics. Lizzo said in a statement she never wanted to promote derogatory language.
Disability advocate Hannah Diviney, who pointed out Lizzo’s lyrics that lead to the change, wrote on Twitter that hearing the word again used by Beyoncé “felt like a slap in the face to me, the disabled community & the progress we tried to make with Lizzo.” | https://cw33.com/entertainment-news/ap-entertainment/beyonce-to-remove-offensive-word-from-new-song/ | 2022-08-01T23:17:18Z |
TAIPEI, Aug. 15, 2022 /PRNewswire/ -- ICP DAS - BMP (Biomedical Polymers), a Taiwanese medical TPU (thermoplastic polyurethane) supplier, will exhibit at MEDICAL MANUFACTURING ASIA 2022, the 5th Manufacturing Processes for Medical Technology Exhibition and Conference, which provides excellent business opportunities in medical technology in the Southeast Asian market. The exhibition will take place at the Marina Bay Sands Expo and Convention Centre in Singapore from August 31 until September 2, 2022.
ICP DAS - BMP will showcase three series of highly stable medical grade TPU pellets, namely, Alithane™ (ALP series), Durathane™ (ALC series), and Arothane™ (ARP series). A new range of pellets with 30% (W30) tungsten content will be presented at the exhibition as well. ICP DAS - BMP is pleased to announce the launch of three new production lines, in addition to the two already operating. The third production line will start operating in a couple of months. Also, by the end of this year, the production of pellets with a tungsten content of 40% (W40) and 50% (W50), respectively, will be launched.
All medical grade TPU pellets by ICP DAS - BMP are 100% produced in Taiwan and have excellent mechanical properties, chemical resistance, and radiodensity; they can also be color-matched. To provide customers with the best service, ICP DAS - BMP offers better lead times and accepts smaller quantity orders. Medical grade TPU pellets can be used for various applications, such as drug delivery, wound care, cardiology, urology, orthodontics, and others.
As most countries began to consider replacing PVC (polyvinyl chloride) with medical grade TPU, the use of medical grade TPU pellets has become a critical part of the global healthcare and emergency medical systems. ICP DAS - BMP proudly notes that the company has already achieved impressive success with domestic and foreign medical device manufacturers, including those from Korea, Israel, France, and others using medical grade TPU for injection molding methods.
The ICP DAS - BMP team is looking forward to seeing visitors from August 31 to September 2, 2022, at Hall F, Booth 2V13. Meet the company's experts to learn more about the latest developments in medical grade TPU.
About ICP DAS - BMP
In response to growing demand in the polymer industry, in 2018, ICP DAS established a new business unit for the development and production of medical grade TPU – ICP DAS - BMP. The company has achieved ISO 13485 certification for its raw material warehouses and production lines.
ICP DAS - BMP has its own laboratories for polymerization, physical properties analysis, and cytotoxicity testing. All the TPUs supplied by ICP DAS - BMP are USP Class VI certified and compliant with the ISO 10993 international standard. Materials have passed skin sensitization and cytotoxicity tests according to ISO 10993-5 and ISO 10993-10. All this allows ICP DAS - BMP to guarantee biocompatibility for medical device manufacturers.
For more details, please visit our website: https://bmp.icpdas.com/
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SOURCE ICP DAS Co., Ltd. | https://www.mysuncoast.com/prnewswire/2022/08/16/icp-das-bmp-will-attend-medical-manufacturing-asia-2022-singapore/ | 2022-08-16T02:42:39Z |
SACRAMENTO, Calif., Aug. 25, 2022 /PRNewswire/ -- State Treasurer Fiona Ma, and the California ABLE Act Board announce the "We Are CalABLE'' campaign to promote CalABLE, the tax-free savings and investment program that is improving the lives of people with disabilities. The California ABLE Act Board, chaired by Treasurer Ma, administers the CalABLE program which provides eligible individuals with disabilities an opportunity to build financial wellness, even while participating in means-tested government benefit programs like Supplemental Security Income and Medi-Cal. For the multitude of individuals who have opened a CalABLE account, the program can be a game- changer.
"Every single day, there are thousands of powerful stories from the disability community that can teach, empower and inspire," said Treasurer Ma. "Our goal with CalABLE has been to build the best possible program for the disability community. We designed CalABLE to be accessible, user friendly, and easy to understand. We recognized early on that the most powerful tool to spread awareness is to hear directly from the people who are benefitting from CalABLE. The 'We Are CalABLE' campaign raises the voices of those whose lives have been impacted by their decision to open an account."
CalABLE partnered with Options For All (OFA), a California-based filmmaking nonprofit that serves adults with intellectual and developmental disabilities, to produce the "We Are CalABLE" campaign. The OFA team filmed more than a dozen interviews throughout the state, gathering a broad spectrum of voices from individuals and families who benefit from the CalABLE program. Many OFA students and staff are CalABLE account holders and have a firsthand understanding of how one can save for their future using CalABLE.
"This project is a great example of how people with disabilities can help develop skills, gain valuable experiences, and contribute in ways that directly affect their own lives," said John Peterson, OFA's Vice President of Film and Media.
For the campaign, OFA captured the personal stories of CalABLE account holders who enthusiastically share how they use their savings to pay for disability-related expenses. Under state and federal law, these expenses can include accessible vehicles, first homes, education, assistive technology, service animals and more. Through these personal and highly engaging narratives, the campaign demonstrates how account holders can protect their eligibility for means-tested public benefits programs by contributing to tax-advantaged savings and investment accounts. Furthermore, the campaign demonstrates how these after-tax contributions allow account holders to grow tax-free earnings when the money is used for qualified expenses.
"The risk of losing public benefits, coupled with the high cost of support expenses, has constrained members of the disability community from building financial security – until now," said Treasurer Ma. "Today, we're ensuring that all these people are at the table to help us build better life experiences for people with disabilities."
Launched in December 2018, the CalABLE program is open to all eligible individuals with disabilities in the state of California and nationwide. Since its launch, more than 8,000 individuals have opened CalABLE accounts and saved more than $77 million in assets under management. The average balance in a CalABLE account is approximately $10,000.
The "We Are CalABLE" campaign was conceptualized and launched by CalABLE's agency of record Program 11, in collaboration with the National Disability Institute, the first national nonprofit committed exclusively to the financial empowerment of people with disabilities. Watch the "We Are CalABLE" anthem video here. Open a CalABLE account at www.CalABLE.ca.gov.
CalABLE is the state of California's tax-advantaged savings and investment program benefiting people whose qualifying disability began before age 26. Based on the federal Achieving Better Life Experiences (ABLE) Act, the program allows eligible individuals to save up to $16,000 per year in an ABLE account and access the money at any time without taxes or penalties when the money is used to maintain or improve the health, independence or quality of life of the account owner. Up to $100,000 of funds in an ABLE account are not counted against resource limits of federal and state benefit programs like Supplemental Security Income (SSI) and Medicaid. Established in December of 2018, CalABLE has enrolled more than 8,000 account holders who have saved and invested more than $77 million, making CalABLE one of the fastest growing ABLE programs in the nation.
Fiona Ma is California's 34th State Treasurer. She was elected on November 6, 2018, with more votes (7,825,587) than any other candidate for treasurer in the state's history. She is the first woman of color and the first woman Certified Public Accountant (CPA) elected to the position. The State Treasurer's Office was created in the California Constitution in 1849. It provides financing for schools, roads, housing, recycling and waste management, hospitals, public facilities, and other crucial infrastructure projects that better the lives of residents. California is the world's fifth-largest economy and Treasurer Ma is the state's primary banker. Presently, her office processes more than $3 trillion in banking transactions. She provides transparency and oversight for the government's investment portfolio and accounts, as well as for the state's surplus funds. Treasurer Ma oversees an investment portfolio that currently averages over $200 billion—a significant portion of which is beneficially owned by more than 2,200 local governments in California. She serves as agent of sale for all State bonds and is trustee of billions of dollars of state indebtedness.
For more news about the State Treasurer's Office, please follow Treasurer Ma on Twitter at @CalTreasurer, Instagram at @CalTreasurer, and on Facebook at California State Treasurer's Office.
Contact: Noah Starr
(916) 653-2995
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SOURCE National Disability Institute | https://www.wibw.com/prnewswire/2022/08/25/national-disability-institute-partners-with-calable-launch-we-are-calable-campaign/ | 2022-08-25T20:58:03Z |
Woman attacked by alligator in Bradenton
BRADENTON, Fla. (WWSB) - A 77-year-old woman was attacked by an alligator on Saturday night. The call came in at around 6 p.m. and the Florida Fish and Wildlife Conservation Commission, the Manatee County Sheriff’s Office and Manatee County EMS responded.
According to a report from FWC, the woman was transported to the hospital to be treated for her injuries. The extent of her injuries is still unknown. The incident happened at a gated community at 16832 Ellsworth Avenue. A nuisance alligator trapper was sent to the scene and removed a 7′10′ alligator according to the report from FWC. FWC reported no other alligators were found in the area.
Justin Matthews, the owner of Matthews Wildlife Rescue, said an alligator that size usually weighs around 300 lbs and has extensive jaw power. He said the woman is lucky to be alive and the incident most likely happened because of someone feeding the alligator.
“The way to tell if an alligator has been fed by a person is if your walking and see one out in the pond, move your arm in a throwing motion and if the gator starts moving toward you, its time to call the Florida Wildlife Commission,” said Matthews.
Matthews said alligators, for the most part, won’t pay attention to people walking by unless they have been fed.
The FWC said they are confident the alligator responsible for the attack has been removed, according to their report.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/04/woman-attacked-by-alligator-bradenton/ | 2022-09-04T21:19:53Z |
No matter how you pronounce their name, Italian rock group Maneskin may be one of today's most famous and successful global musical acts.
In 2021, the band -- made up of vocalist Damiano David, bassist Victoria De Angelis, guitarist Thomas Raggi and drummer Ethan Torchio -- won Europe's biggest song competition, Eurovision, and has been unstoppable ever since.
They've scored three number one hits just this year on the Billboard rock charts: Their viral cover of Frankie Valli's "Beggin'," "I Wanna be Your Slave" and "Supermodel."
They were also recently nominated for two MTV Video Music Awards, including Best New Artist. They've dropped by the "Tonight Show with Jimmy Fallon" and headlined "Saturday Night Live."
Just over a year ago, the four rockers were little-known musicians playing in the streets of Rome and fighting other street performers for a spot on the corner that would attract the most people. Now, attracting a crowd is as simple as announcing their next concert.
Earlier this month, they played to a sold-out crowd of 70,000 at Rome's iconic Circus Maximus and have been invited to perform at some of the largest music festivals in the US, including Coachella and Lollapalooza, where they will appear for the first time this Sunday.
This fall, they will embark on their first world tour, which will take them all over the United States, Europe and Latin America with tickets selling fast and dates extending into 2023.
CNN correspondent Maria Santana caught up with Maneskin in New York before they were set to perform for a smaller, more intimate crowd at the city's "House of X" as part of Sirius XM's Small Stage Series, and talked to them about their meteoric rise to fame, their humble beginnings, the next stops on their world tour, covering the "King of Rock n Roll," Elvis Presley, and why they are standing up for the people of Ukraine.
The conversation has been edited for length and clarity.
The first thing I need to ask is how do you pronounce your band's name?
All: Moan-Ah-Skin!
Santana: I always hear Man-Eh-Skin.
Victoria De Angelis: Yeah, everything is fine.
Santana: So, Moan-A-Skin?
Thomas Raggi: Moan-A-Skin is perfect.
And what does Maneskin mean?
De Angelis: It means moonlight. I picked it when we first started playing because we needed to join this musical competition, and we didn't have a name yet, so they just told me just say random words in Danish, and we chose one.
Looking back at this last year, I'm sure it's been absolutely crazy for you, from where you were a year ago to now?
Damiano David: Yeah, it's been a crazy journey, but of course we are really happy about everything that we did, and every time we look back, all the steps, we are super happy and proud.
What has been the most surprising, maybe the most exciting thing, that has happened to you this past year?
Raggi: I think that we've had lots of incredible moments during this last year. Maybe a song with Iggy Pop is one of these, of course, and playing with The Stones. I mean a lot, it's been a lot.
Now you're filling stadiums with 70,000 people, selling out tickets for 80,000, and you've said it was really hard for you guys to even find a place to play in Italy. What was that like when you started?
De Angelis: It was very difficult because in Rome there's no real rock scene, so there's no like clubs wanting bands to play their stuff, and also people are not very used to going to gigs of upcoming artists.
They just go to the famous ones that they already know, so it was really hard and that's why we started playing as buskers on the streets. We were always fighting with the other street artists about having the best spot, and we never won, but ... (laughter).
And then you do Eurovision, how did it change your life?
David: I think that was our first actual window outside of Italy. Since that moment we were only basing our projects for Italy and on Italy and that was the chance to break out in Europe, then from Europe to the US, and we hope to grow more and more.
What was it like to win for Italy? It had been like 30 years since Italy had won Eurovision, and then you win with rock n' roll, a genre which is not very big there?
Raggi: Yes, that's crazy.
David: That was unexpected I think for everybody.
De Angelis: Yeah, everyone was very proud, big celebration.
A lot of times for Eurovision winners, they have that big moment and then they kind of disappear. What do you think makes you guys different that you've been able to take this and catapult so much and become this worldwide phenomenon?
David: I think for us Eurovision came at a very right moment because we had just come out with an album, so what we brought to Eurovision was basically just one of the things of the whole album and it was fresh, and it was super authentic for us. So, I think that people were happy to find a lot of coherence between what we brought to Eurovision and what they saw in our catalogue, and they felt like, OK, this is not just a viral song that they made specifically for Eurovision, but it's just one of their songs and then they have two albums, and it all makes sense.
Then, you release "Beggin,' " which turns into the most successful rock song of last year. I mean, I woke up every morning I think for the last year like, (sings), "I'm beggin', beggin' you"... (laughter) ... It just gets in my head, and then I'm like, come on, just get out!
David: Yeah, it's our fault, it's our fault, (laughter). Well, it's not even our fault because we didn't even promote it. It's TikTok's fault. It just got viral. We were pretty shocked by it. When we saw it growing, we were like, what is happening, and then we found out it was viral on TikTok and all that came about after.
Why that song? It's a cover of Frankie Valli and The Four Seasons, and I can't think of a more different style than you guys and The Four Seasons.
De Angelis: Actually, we played it at first, when we just started, and we think it's way more challenging and fun to make covers of very different songs. So, like now we're also playing "Womanizer" by Britney Spears, for example, and we just find it a challenge and stimulating, and it really makes you do an interpretation of something different and bringing it into your own. That's when you make something good, I think.
You also covered "If I Can Dream" for the Elvis movie, what was it like singing an Elvis song? I mean, you know, "The King of Rock n' Roll."
David: Well, every time when we have some big deals, we try not to think about it that much because then you get like anxious, and you feel the pressure. When we had the chance to play a cover of Elvis, we didn't feel like we were confronting Elvis because that would have been impossible, you cannot try to fight with Elvis' heritage. We were just super happy and super glad and super honored just to have the chance to play one of his songs, and we focused on that, and we focused on doing the best that we could do on that song without even comparing it with the Elvis one because, of course, it's untouchable.
Now you have two VMA nominations and a third number one song on the Billboard charts, "Supermodel," can you tell me what the song is about?
De Angelis: The funny thing is that everyone thinks it's about supermodels, but it's not. We wrote it after being like three months in L.A. where we met a lot of people that were faking being supermodels or superstars. Everyone was very focused on the way they appeared and not what they're really like or who they really were. Everyone was just trying to fake that they have the best clothes, best friends, best club, that kind of stuff, and we found it a bit stupid, of course, but it was something that we thought was only shown in movies, like a stereotype, you know, but when we saw it in person, we just thought it was fun and wanted to make a funny song about it.
I can tell you no one in New York is like that. We are very real. If you had to make a song about New York, what would it be about?
De Angelis: Ohhh ... (laughs) ... we need to spend more months here.
David: I think it would be like a club song, super dirty, clubbish ... (laughter).
You've played different festivals, like Lollapalooza in Europe, but this weekend you are doing Lollapalooza in Chicago. What does it mean to play at Lollapalooza here in the US?
Raggi: Crazy, it's huge.
De Angelis: It's our first Festival in the USA. So, that's like a big, big thing ...
David: It's not our first festival! We played at Coachella, c'mon! ... (Laughter).
De Angelis: Whoops, that's true, Coachella. We started this festival season this summer, and it's only been Europe until now, so for this summer it's the first.
Raggi: For the summer, yes.
You sing in English and Italian, but we have a lot of Italian singers who are huge in Latin America, and they sing in Spanish -- Laura Pausini, Eros Ramazzotti, Il Volo -- do you think you would ever sing in Spanish?
David: Why not?
De Angelis: In Spanish?
David: I basically mostly listen to Spanish sounding music, so I would not back up ... (laughs).
You're going to launch your tour, and you're going to Latin America, Santiago, Buenos Aires. What's it like going to all these places, is it a culture shock when you go?
David: Yeah, you know, we have never been, outside of Ethan, we've never been to Latin America, and we never played there, but of course, we know something about the people there, and we know that they're really crazy ... (laughter) ... hyped up, heated up, and we like these kinds of crowds. So, we can't wait to play there, and it was one of the places that amazed me the most. When I saw the tickets that were selling, it was like "what the f**k?", how did we get there? It was crazy, so we really can't wait to be there.
How has fame changed you, if at all?
De Angelis: I don't think it has changed us.
David: I'm less worried about things, actually. I guess I'm stable ... (laughs).
Do you feel that fame, when you're this well-known, it comes with a responsibility to speak out on certain political issues? A lot of artists say, I'm an entertainer, not a politician or an activist.
De Angelis: Yeah, for us, I think it comes naturally, so when we think we know enough about a topic, and we think our opinion can, like, make the difference or something we don't feel it like as a pressure or something. It just comes naturally, and we're happy to do it. Also, if we can share a positive message on something that really matters to us, we're happy to do it. If not, we also don't feel the pressure to have to do it.
You did a song in support of Ukraine, "We're Gonna Dance on Gasoline," how do you feel about that situation?
David: It's really hard to say that because we feel very bad about it, but we also know that we have a huge privilege, with no worries, we're not worried that something is going to happen to us. So, we are privileged, but of course, if we can spread knowledge about it, we are more than happy, and we feel that we have to do it because that's something that is happening today and if we can do something today, it's more valuable.
One of your first songs was "Zitti E Buoni," which means "Shut Up and Behave." It doesn't seem like you guys are going to be doing any shutting up or behaving any time soon.
De Angelis: No, not at all.
Where do you go from here?
De Angelis: I don't know, we feel very free. We just want to keep playing. We have so many amazing gigs and tours coming in front of us, so I think we're really going to enjoy it and get all the possible inspiration from that and then turn it into music. We don't want to set any specific goals, but we just want to go on and see what happens and keep getting better and doing what we feel is right.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/maneskin-on-feeling-free-finding-fame-and-embarking-on-their-first-world-tour/article_5a505cb7-312e-511a-8aac-de92952fb354.html | 2022-07-31T14:44:54Z |
- Prioritized two indications, MSS-CRC and NSCLC, utilizing fully owned assets, COM701 and COM902
- Focus on MSS-CRC and NSCLC expected to provide highest probability of success and support future path to registration
- Focused development plan results in strategic decision to wind down Phase 1 cohort expansion studies resulting in the conclusion of collaboration with Bristol Myers Squibb
- Most advanced preclinical program with first-in-class potential entering pre-IND enabling studies
- Extended cash runway expected to last through the end of 2024
HOLON, Israel, Aug. 4, 2022 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN), a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, provided a corporate update and announced financial results for the second quarter ended June 30, 2022.
Corporate Update
"Adapting to challenging market conditions, we have taken a strategic decision to focus on two prioritized indications, microsatellite stable-colorectal cancer (MSS-CRC) and non-small cell lung cancer (NSCLC), and wind down our broad Phase 1 cohort expansion program resulting in the conclusion of our collaboration with Bristol Myers Squibb," said Anat Cohen-Dayag, Ph.D., President, and Chief Executive Officer of Compugen. "I would like to thank Bristol Myers Squibb for our productive interactions and for their support in providing nivolumab and their anti-TIGIT, BMS-986207, enabling us to initiate the triple and dual combination studies to evaluate our DNAM-1 axis hypothesis at a time when our own differentiated anti-TIGIT, COM902 had not yet reached the clinic. Additionally, my sincere thanks to the investigators, their staff, and the patients for participating in these studies. This strategic decision allows us to extend our cash runway into the end of 2024, execute on our strong belief in COM701 and gives us the freedom to switch to and develop our own differentiated anti-TIGIT antibody, COM902. Concluding the collaboration with Bristol Myers Squibb provides us with what is expected to be the greatest opportunity to advance and partner our clinical assets and support a future path to registration."
Dr. Cohen-Dayag continued, "Our clinical data from the COM701/nivolumab dose escalation and cohort expansion study in a small number of MSS-CRC patients, show a modestly higher response rate compared to what has been reported for standard of care. We believe that this initial data, along with the translational package showing a COM701 driven mechanism, supports the evaluation of COM701 triple combination in a single arm study. The full data from the COM701/nivolumab cohort expansion study in MSS-CRC and details of the new study design along with timelines is expected to be presented once finalized in the fourth quarter of this year. The second indication we have prioritized is NSCLC in anti-PD-(L)1 treated patients. As an inflamed tumor type sensitive to PD-1 and possibly TIGIT checkpoints, NSCLC was selected as a tumor type with increased probability of responding to our triplet combination. We also plan to evaluate the blockade of PVRIG and TIGIT in combination with standard of care in this indication, to build an additional path to randomized studies. The design and timelines of the NSCLC program will be presented once finalized in the fourth quarter of this year. We believe focusing on these indications provides us with the highest probability of success, and we plan to share the progress and initial findings from these studies during 2023."
Dr. Cohen-Dayag added, "I am also extremely proud of the progress we have made in our preclinical portfolio. Several early-stage programs from our computational discovery platform are advancing in our pipeline with the most advanced program about to enter pre-IND enabling studies with first-in-class potential. We are very excited about this program, which is targeting a soluble immune checkpoint upregulated in the tumor microenvironment in response to IFN-γ. We developed a very high affinity antibody, COM503, to block this soluble immune checkpoint pathway and we believe we are the first to do so. The antibody has demonstrated preclinical in-vitro and in-vivo activity as monotherapy and in combination with other checkpoint inhibitors across various models and systems. We intend to share details on this program in the fourth quarter of this year."
Dr. Cohen-Dayag concluded, "With the decisive actions we have taken, we are being cash efficient and may be better positioned to bring value to our stakeholders. I am excited with what we have achieved and look forward to continuing to focus on execution and delivering value to our shareholders and patients."
Financial Results
As of June 30, 2022, cash, cash equivalents, short-term bank deposits and restricted cash totaled approximately $97 million, compared with approximately $118 million as of December 31, 2021. As a result of the Company's strategic decision to end its Phase 1 program early and focus on two prioritized indications, the Company expects its existing cash and cash related balances to be sufficient to fund its operating plan into the end of 2024, without taking into consideration any cash inflows. Compugen does not have any debt.
R&D expenses for the second quarter ended June 30, 2022, were approximately $6.8 million, no change from the comparable period in 2021. Going into the second half of 2022, the reduction in R&D expenses is expected to be limited and will reflect winding down expenses of the current ongoing studies as well as preparation for the planned prioritized clinical studies. We expect that the full effect of the reduction in expenses will be reflected in 2023.
General and administrative expenses for the second quarter ended June 30, 2022, were approximately $2.6 million compared with approximately $2.7 million for the comparable period in 2021.
Cash balance at the end of 2022 is expected to be approximately $72-$74 million.
Net loss for the second quarter ended June 30, 2022, was approximately $9.1 million, or $0.11 per basic and diluted share, compared with a net loss of approximately $9.5 million, or $0.11 per basic and diluted share, in the comparable period of 2021.
Full financial tables are included below
Conference call and webcast information
The Company will hold a conference call today, August 4, 2022, at 8:30 AM ET to review its second quarter 2022 results. To access the live conference call by telephone, please dial 1-866-744-5399 from the U.S., or +972-3-918-0644 internationally. The call will be available via live webcast through Compugen's website, located at the following link. Following the live audio webcast, a replay will be available on the Company's website.
About Compugen
Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery capabilities to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has developed two proprietary product candidates: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class monoclonal antibody targeting TIGIT for the treatment of solid tumors. Partnered programs include bapotulimab, an antibody targeting ILDR2, in Phase 1 development, licensed to Bayer under a research and discovery collaboration and license agreement, and a TIGIT/PD-1 bispecific derived from COM902 (AZD2936) in Phase 1/2 development by AstraZeneca through a license agreement for the development of bispecific and multi-specific antibodies. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, including myeloid targets. Compugen is headquartered in Israel, with offices in South San Francisco, CA. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.
Forward-Looking Statement
This press release contains "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of Compugen. Forward-looking statements can be identified using terminology such as "will," "may," "expects," "anticipates," "believes," "potential," "plan," "goal," "estimate," "likely," "should," "confident," and "intends," and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements regarding our expectations that the conclusion of the collaboration with Bristol Myers Squibb provides Compugen with the greatest opportunity to advance and partner its clinical assets and support a future path to registration; our belief that the initial clinical data from the COM701/nivolumab cohort expansion study in a small number of MSS-CRC patients, along with the translational package showing a COM701 driven mechanism, supports further evaluation of COM701 triple combination in a single arm study; statements regarding the increased probability of NSCLC to respond to our triplet combination; statements regarding our expectations that our focus on MSS-CRC and NSCLC indications is expected to provide highest probability of success to support a future path to registration; statements regarding the potential of our most advanced preclinical program to be first-in-class; our expectation that existing cash and cash related balances will be sufficient to fund our operating plan through the end of 2024; and our expectations regarding the timing for disclosure of the new studies design and data. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance, or achievements of Compugen to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Among these risks: In the near term, Compugen is highly dependent on the success of COM701 and of COM902; Compugen may not be able to advance its internal clinical stage programs through clinical development or manufacturing or successfully partner or commercialize them, or obtain marketing approval, either alone or with a collaborator, or may experience significant delays in doing so; Clinical development involves a lengthy and expensive process, with an uncertain outcome and Compugen may encounter substantial delays or even an inability to begin clinical trials for any specific product or may not be able to conduct or complete its trials on the timelines it expects; Compugen has limited experience in the development of therapeutic product candidates, and it may be unable to implement its business strategy. These risks and other risks are more fully discussed in the "Risk Factors" section of Compugen's most recent Annual Report on Form 20-F as filed with the Securities and Exchange Commission (SEC) as well as other documents that may be subsequently filed by Compugen from time to time with the SEC. In addition, any forward-looking statements represent Compugen's views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. Compugen does not assume any obligation to update any forward-looking statements unless required by law.
Company contact:
Yvonne Naughton, Ph.D.
Head of Investor Relations and Corporate Communications Compugen Ltd.
Email: ir@cgen.com
Tel: +1 (628) 241-0071
SOURCE Compugen Ltd. | https://www.mysuncoast.com/prnewswire/2022/08/04/compugen-reports-second-quarter-2022-results/ | 2022-08-04T12:00:42Z |
- UNLIMEAT was selected among the 10 winners of the plant-based product contest hosted by Carrefour.
- Over 250 teams from 50 countries around the world participated, with the winning brands having an opportunity to sell in Carrefour stores around the world.
LOS ANGELES, June 14, 2022 /PRNewswire/ -- UNLIMEAT, the pioneering plant-based alternative meat brand from Korea, was selected as one of the 10 winning brands in the Plant-based Contest hosted by Carrefour, the globally renowned French distributor of food and other sundries.
This event was organized as part of Carrefour's vision to create opportunities for innovative startups to enter the global market and to introduce more plant-based products to its customers. More than 250 brands from over 50 countries entered the contest. Among them, 15 teams were selected as finalists, who were then judged in Paris, France on June 9th. Brands directly showcased and pitched their story and products to Carrefour Group CEO Alexandre Bompard, CSR Director Nicolas Dher, and other Carrefour executives, along with investors, media, and other influencers in the plant-based industry.
Carrefour selected 10 of the finalists as winners. The winning brands include La Vie, a French brand that developed plant-based bacon, LAPP, a vegan ice cream brand, Vly, a plant-based milk made from peas, and Väcka, a Spanish startup that makes aged vegan cheese among other products. UNLIMEAT was the only Asian brand selected as a winner.
UNLIMEAT is a Korean food startup that creates products using upcycled ingredients, such as skimmed soybean powder extracted from soybean oil and rice bran from milling brown rice. A Carrefour official remarked, "UNLIMEAT received high marks for practicing a virtuous cycle that supports a healthy ecosystem. The fact that it has its own factory and has product scalability is also one of the reasons why it received a positive evaluation. We hope to be able to see wonderful products from this startup in Carrefour stores around the world soon."
Most alternative meat brands have similar product lines, such as burger patties, sausages, and chicken nuggets. UNLIMEAT, however, offers highly differentiated products, such as 'Plant-based Korean BBQ', a versatile plant-based meat that can be grilled the same way meat can be and can be used in a wide variety of dishes depending on the sauce used. Pulled barbecue is another unique and popular UNLIMEAT product and is sold in various flavors with different seasonings, such as Korean BBQ and Texas BBQ. UNLIMEAT also sells plant-based meat dumplings. Their dumplings contain about 30% plant-based meat, giving them a texture similar to real meat dumplings, unlike vegan dumplings sold in most grocery stores.
The brand's plant-based jerky also uses proprietary extrusion technology to create texture just like that of real meat. UNLIMEAT's plant-based jerky was popular enough that it sold out within a month of launching. UNLIMEAT recently launched a campaign to bring their plant-based jerky to the USA on Kickstarter, an American representative crowdfunding platform, achieving its target funding goal within 3 hours of launch, and subsequently achieving more than 470% of its target funding within a week.
Carrefour is a large French distribution chain with over 13,000 stores in more than 30 countries around the world. The 10 winning brands in this contest will have various opportunities, such as collaborating with the Carrefour team and displaying their products in stores in one or more of the nine countries where Carrefour directly manages its operations, such as France, Belgium, Spain, Italy, Brazil, and Taiwan.
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For more information, contact: Jei Oh yj.oh@unlimeat.com
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SOURCE UNLIMEAT | https://www.mysuncoast.com/prnewswire/2022/06/14/unlimeat-receives-award-plant-based-contest-held-by-carrefour/ | 2022-06-14T19:37:00Z |
In a nationwide survey, the typical adult failed Zillow's real estate knowledge quiz, revealing significant knowledge gaps about what is often life's biggest financial investment
SEATTLE, June 16, 2022 /PRNewswire/ -- Americans are as mystified by how real estate works as they are about cryptocurrency. A new Zillow® survey finds most Americans know more about celebrity love lives, the Kardashians and the NFL than they know about the basics of buying a home. In the nationwide survey, the typical adult failed Zillow's basic real estate knowledge quiz, answering only two of five questions correctly.
Financing is a crucial first step in the home-buying process, but it's also one of the most confusing. Two-thirds of survey respondents don't understand the benefits of getting pre-approved for a mortgage. Advantages of having pre-approval can include closing on a home faster, getting clear budget constraints and making an offer that's more attractive to a seller. A lower interest rate is not a benefit of pre-approval, as the majority of respondents believed.
Determining a down payment amount and when private mortgage insurance (PMI) is required is an important financial decision to make when purchasing a home, as it can have a big impact on the monthly payment. Many survey respondents assumed PMI is required no matter what, but the only instance when it's not required is on a conventional loan with a down payment of 20% or more.
Most U.S. adults correctly answered that a person's payment history impacts their credit score, and that the purpose of an appraisal is to determine if the home is worth its purchase price.
But when it comes to celebrity love lives, the Kardashians and the NFL, Americans are more in the know, even though their lives and finances aren't directly impacted. The typical survey respondent answered three of five questions correctly in each of these categories.
Nearly 85% of respondents knew that Kim Kardashian has four children with Kanye West, and 70% correctly answered whom Jennifer Lopez is now engaged to after first breaking up in 2004 (answer: Ben Affleck). And on the topic of football, the typical American knows a lot about Tom Brady; 71% of respondents knew that the popular quarterback left the New England Patriots to play for the Tampa Bay Buccaneers.
The typical American is as baffled by real estate as they are by the complex world of cryptocurrency, answering just two of five questions correctly.
"The real estate process can be complicated and confusing, but it doesn't have to be," said Amanda Pendleton, Zillow home trends expert. "By educating themselves on basic real estate fundamentals and hiring experts to help guide them through the process, buyers can avoid costly pitfalls and put themselves in a stronger competitive position. When it comes to picking the right home, real estate technology like interactive floor plans puts information closer to the average buyer's fingertips than ever before, helping them move quickly and with confidence."
Here are five tips to help buyers through their home-shopping journey:
- Understand what you can afford. Buyers should start with a mortgage calculator and Zillow's affordability tools to understand what goes into a mortgage payment and what they can realistically afford on a monthly basis.
- See if you qualify for down payment assistance. Coming up with enough money for a down payment is a common barrier to homeownership. Aspiring buyers can see which down payment assistance programs may be available on every home listing on Zillow.
- Find an agent you trust. Zillow's agent finder tool helps buyers find the best agent to fit their specific needs. Buyers can read reviews of top-rated real estate agents in their area and reach out to them directly through the tool.
- Get pre-approved for a mortgage — not just prequalified. It's a more extensive financial check, but pre-approval will give the buyer — and the seller — more confidence in the buyer's ability to finance the home. A new Zillow survey finds 86% of sellers prefer a buyer who has been pre-approved, as opposed to pre-qualified, for a mortgage. Buyers can start the pre-approval process online.
- Shop around for a lender. Zillow research indicates some home buyers can save tens of thousands of dollars over the length of their loan by shopping around for the best mortgage rate. Buyers can compare rates and fees for multiple lenders on Zillow's online mortgage marketplace.
Home shoppers can visit the Zillow blog to take the full quiz and see how their real estate knowledge compares to the typical American.
About Zillow Group
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and ease.
Zillow Group's affiliates and subsidiaries include Zillow®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Trulia®, Out East®, ShowingTime®, Bridge Interactive®, dotloop®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).
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SOURCE Zillow | https://www.mysuncoast.com/prnewswire/2022/06/16/americans-know-more-about-celebrity-love-lives-nfl-kardashians-than-about-real-estate-basics/ | 2022-06-16T12:41:47Z |
ATLANTA, July 14, 2022 /PRNewswire/ -- Syncron today released results from its new State of Aftermarket Inventory Management and State of Service Parts Pricing Management surveys. Findings reveal top challenges supply chain executives face in aftermarket inventory and pricing management, and where they stand in their adoption of technologies that optimize processes to improve business outcomes. While adoption is at an all-time high, respondents cited a lack of analytics and other factors keeping them from achieving the ROI they expected from their investment.
"As supply chain and economic volatility continues, we're seeing manufacturers who were once unsure of intelligent technologies, like AI and ML, realizing how critical these solutions are to their ability to compete through unpredictable conditions," says Anneliese Schulz, chief revenue officer, Syncron. "As promising as this seems, only manufacturers that understand the importance of vetting a provider's AI and ML claims, selecting a partner with deep domain and industry knowledge, and training their workforce to fully utilize the technology will see the measurable results."
Technology Adoption is Only the First Step
According to the reports, 92% of respondents have begun implementing an automated pricing system, and 82% believe AI and ML are important for optimizing parts pricing, but few are reaping time-saving and decision-making benefits they anticipated. On the inventory side, 86% of respondents stated their inventory management provides no measurable ROI.
Automation Driving Customer Satisfaction
Respondents cited key factors with the greatest influence on their customers' satisfaction, all of which are enhanced by automation: 36% noted delivery speed and/or parts availability, 32% noted value pricing, 22% noted negative impressions based on captive parts pricing. Other factors include price transparency (18%), and the frequency and size of price changes (16%). Most respondents (94%) stated their backend inventory functionality directly impacts customer satisfaction.
Managing Aftermarket in a Difficult Environment
While lead times and staffing shortages have improved, manufacturers face new challenges: 100% of respondents cited increased aftermarket inventory volumes, 84% said up to 15% of their inventory is slow-moving, and 56% noted increased warehouse costs. The top logistics cost drivers were cost of labor and labor shortages, penalties due to delays, and transportation costs.
"These survey results affirm what we often hear from manufacturers when they come to us looking for a more flexible, sophisticated solution," Schulz continues. "It's our utmost mission at Syncron to not only innovate industry-leading solutions that enable them to overcome the most complex aftermarket challenges but to also serve as a trusted partner ensuring they reap the greatest possible return on their technology investment."
Research Methodology
Survey research was conducted through phone interviews by a third-party research provider from January 2022 through March 2022. Supply chain executives at 50 companies that manufacture service parts were interviewed for the study.
Read the full reports at: State of Aftermarket Service Parts Pricing Report and State of Aftermarket Inventory Management Report.
About Syncron
Syncron empowers leading manufacturers and distributors to capitalize on the world's new service economy. We improve aftermarket business profitability, optimize working capital, increase customer loyalty, and enable customers to successfully transition to service-driven business models. With industry-leading investments in AI and ML, Syncron offers the first innovative, customer-endorsed, end-to-end intelligent Service Lifecycle Management solution portfolio. Delivered on our Connected Service Experience (CSX) platform, solutions encompass service parts inventory, price, warranty, service contract, and field service management. It's no secret that world's top brands trust Syncron, the largest privately-owned global leader in intelligent SLM SaaS solutions. For more, visit syncron.com.
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SOURCE Syncron | https://www.kxii.com/prnewswire/2022/07/14/new-syncron-reports-reveal-92-supply-chain-executives-have-implemented-pricing-or-inventory-automation-80-lack-analytics-achieve-expected-roi/ | 2022-07-14T17:58:32Z |
NEW YORK, July 21, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of American Outdoor Brands, Inc. ("American Outdoor" or the "Company") (NASDAQ: AOUT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether American Outdoor and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On July 14, 2022, American Outdoor reported its financial results for the Company's fourth fiscal quarter. Among other items, American Outdoor reported non-GAAP earnings per share of $0.14, missing consensus estimates by $0.23, and a 28.8% decline in revenue to $45.9 million, missing expectations by $9.2 million.
On this news, American Outdoor's stock price fell $1.05 per share, or 11.15%, to close at $8.37 per share on July 15, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/07/22/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-american-outdoor-brands-inc-aout/ | 2022-07-22T01:04:31Z |
The long-anticipated dismantling of the Chicago Blackhawks’ roster begun Thursday with the team trading Alex DeBrincat to the Ottawa Senators and Kirby Dach to the Montreal Canadiens.
In completing a third trade to acquire goalie Petr Mrazek from the Toronto Maple Leafs, the Blackhawks went from having no first-round picks in the NHL draft in Montreal to making three picks through the evening.
Chicago acquired the seventh and 39th picks in this year’s draft and a third-rounder in 2024 for DeBrincat, who is likely a year away from a big payday. The Blackhawks acquired the No. 13 pick by trading Dach to Montreal.
In adding Mrazek, the Blackhawks acquired the No. 25 selection for helping the Maple Leafs free up much-needed salary cap space. Mrazek has two years remaining on a three-year $11.4 million contract he signed with Toronto.
Dealing DeBrincat signals a shift into win-soon mode for the Senators, while the Blackhawks moved even further away from contending again a year after making moves like acquiring defenseman Seth Jones and Marc-Andre Fleury.
“I think they’re trying to do something that maybe we were trying to do a few years ago,” Senators general manager Pierre Dorion said at the draft in Montreal. “Now we’re trying to do something that a lot of teams were trying to do, and that’s win a lot of hockey games.”
With a lot of losses coming up next season and beyond, the attention now turns to the future of longtime Blackhawks stars and three-time Stanley Cup-winners Jonathan Toews and Patrick Kane, whose matching contracts expire after next season.
They already gained some financial flexibility by trading DeBrincat, who is expected to attract a hefty raise once his current deal expires after the 2022-23 season.
DeBrincat, 24, has one year left on a $19.2 million, three-year contract, after which he is eligible to become a restricted free agent. Dorion said the Senators expect to start extension talks with DeBrincat’s agent next week when league rules allow them but added the team wants to make sure he’s a good fit in coach D.J. Smith’s system.
“Obviously, we would like to extend him at some point in time,” Dorion said. “He was pretty excited. He talked to both myself and DJ earlier, and he was really excited. He knows we’ve got a really good, young group of players.”
Blackhawks GM Kyle Davidson said adding high draft picks was a priority following the DeBrincat trade.
“It was an incredibly difficult decision to trade a player of Alex’s caliber. We feel as if this move sets the Blackhawks up for future success by giving us additional flexibility and future talent,” Davidson said in a statement.
“Securing this early of a first-round pick for tonight and an additional second-round selection tomorrow allows us to fortify our prospect base with high-end players who we expect to be a difference-makers in the coming years.”
Chicago selected Canadian junior defenseman Kevin Korchinski with the 13th pick, U.S. development team center Frank Nazar at No. 13 and Minnesota high school defenseman Sam Rinzel at No. 25.
The trades come with the Blackhawks having reached a crossroad in their franchise’s direction. Chicago has missed the playoffs in four of the past five seasons, and hasn’t won a postseason round since 2015, when the Blackhawks won their third Stanley Cup in six years.
The DeBrincat deal will create more questions for longtime Blackhawks stars Jonathan Toews and Patrick Kane.
Toews and Kane — still one of the league’s most dynamic players at age 33 — have no-movement clauses, making a trade unlikely unless they ask for a change in scenery. But DeBrincat’s departure could prompt Kane or Toews to seek a new home.
DeBrincat was selected by Chicago in the second round of the 2016 draft. He put up big numbers with the OHL’s Erie Otters in juniors, but he slipped down some draft boards because of his height at 5-foot-7.
Those concerns turned out to be unfounded.
DeBrincat has been one of the NHL’s most prolific scorers since his debut with the Blackhawks in 2017. The winger matched his career high with 41 goals this past season and set a career best with 37 assists in 82 games.
Overall, he has 160 goals and 147 assists in 368 games.
But the Michigan native also has improved on the defensive end, becoming a more well-rounded player since entering the league.
He joins a burgeoning Senators roster that already features a collection of promising youngsters including Brady Tkachuk and Tim Stutzle.
___
AP Sports Writer Jay Cohen contributed to this report.
___
More AP NHL: https://apnews.com/hub/nhl and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/blackhawks-begin-dismantling-trade-debrincat-and-dach/ | 2022-07-08T07:22:23Z |
BEIJING, June 13, 2022 /PRNewswire/ -- Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE: JT), a leading independent open platform for the discovery and recommendation of financial products in China, today announced that it has changed the timing of its previously announced earnings release and the conference call for the quarter ended March 31, 2022 to Friday, June 17, 2022.
Jianpu's management team will now host its earnings conference call at 8:00 AM US Eastern Time on Friday, June 17, 2022 (8:00 PM Beijing/Hong Kong time on June 17, 2022).
Dial-in details for the earnings conference call are as follows:
Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for "Jianpu Technology Inc.".
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.jianpu.ai.
A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until June 24, 2022, by dialling the following telephone numbers:
About Jianpu Technology Inc.
Jianpu Technology Inc. is a leading independent open platform for the discovery and recommendation of financial products in China. The company connects users with financial service providers in a convenient, efficient, and secure way. By leveraging its proprietary technology, Jianpu provides users with customized search results and recommendations tailored to each user's particular financial needs and profile. The Company also enables financial service providers with sales and marketing solutions to reach and serve their target customers more effectively through integrated channels and enhance their competitiveness by providing them with tailored data, risk management services and solutions. The Company is committed to maintaining an independent open platform, which allows it to serve the needs of users and financial service providers impartially. For more information, please visit http://ir.jianpu.ai.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of 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," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition and results of operations; the Company's expectations regarding demand for, and market acceptance of, its solutions and services; the Company's expectations regarding keeping and strengthening its relationships with users, financial service providers and other parties it collaborates with; trends, competition and regulatory policies relating to the industries the Company operates in; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Jianpu Technology Inc.
(IR)Oscar Chen, E-mail: IR@rong360.com
(PR)Amanda Hu, E-mail: Media@rong360.com
Tel: +86 (10) 6242-706
Christensen Advisory
Suri Cheng, E-mail: scheng@christensenir.com
Tel: +86 185 0060 8364
Anthony Cheong, E-mail: acheong@christensenir.com
Tel: +852 2232 3922
In US:
Christensen Advisory
Linda Bergkamp, E-mail: lbergkamp@christensenir.com
Tel: +1 480 353 6648
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SOURCE Jianpu Technology Inc. | https://www.kxii.com/prnewswire/2022/06/13/jianpu-technology-inc-changes-date-report-first-quarter-2022-financial-results-june-17-2022/ | 2022-06-13T23:04:42Z |
Respected Chinese university and SFBU to collaborate on education, academic research, language training, academic conferences, and scientific research
FREMONT, Calif., June 20, 2022 /PRNewswire/ -- A memorandum of understanding has been signed between Nanchang Institute of Technology (NIT) and San Francisco Bay University (SFBU) to promote cooperation in the areas of education, academic research, personnel training, and other fields.
Both universities agreed to establish a cooperative relationship and work together to provide better educational opportunities for students. This agreement is an exciting development for both schools and will help promote international academic exchange between China and the United States.
Areas of cooperation include:
- Development of language training and academic programs;
- Academic exchanges allowing NIT students to study further at SFBU;
- Mutual visits and academic exchanges between professors of both institutions;
- Collaboration of professors in scientific research, conferences, seminars, and symposiums;
- Joint teaching and research programs within the scope of bilateral and international cooperative projects;
- Exchange student programs, internships, and communication projects;
- Joint training of bilateral educational management and administration staff;
- Exchange of literature in the field of scientific research;
- Cooperation in the publication of articles in scientific journals, publication of monographs, presentations at conferences and other venues.
SFBU Executive Vice President Paul Choi said regarding the agreement, "Nanchang Institute of Technology is a respected university and we're pleased that they feel the same about SFBU. We look forward to a long and successful relationship with NIT, sharing scientific learning materials, expertise, and academic knowledge."
Please contact pr@sfbu.edu for additional information.
SFBU is a premier WASC/WSCUC-accredited, nonprofit university located in the San Francisco Bay Area/Silicon Valley. SFBU offers degree programs in computer science, engineering, technology, and management. Learn more at www.SFBU.edu.
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SOURCE San Francisco Bay University | https://www.mysuncoast.com/prnewswire/2022/06/20/nanchang-institute-technology-san-francisco-bay-university-sign-cooperation-agreement/ | 2022-06-20T14:16:53Z |
- Ultrawide 80 centimeter-bore enhances MRI scanning for bariatric and claustrophobic patients
- High-V DryCool (0.55 Tesla) MRI platform expands the range of clinical applications
- Artificial Intelligence (AI) software and innovative image processing ensure crisp high-quality results for clinical use
MINNEAPOLIS , April 12, 2022 /PRNewswire/ -- RAYUS Radiology, a leading national provider of advanced diagnostic and interventional radiology, has amplified its high-end technology imaging solutions with the addition of a new innovative magnetic resonance imaging (MRI) scanner – the MAGNETOM Free.Max from Siemens Healthineers – at its location in West Palm Beach, Florida.
The new MAGNETOM Free.Max combines technological advances in AI digitalization at a 0.55 Tesla (T) field strength, enabling a wider range of clinical applications for imaging the brain, abdomen, spine and joints, lungs, and blood vessels. It offers the largest cylindrical MRI opening to date at 80 centimeters (cm) wide compared to the normal 60 to 70 cm and is quieter than many legacy 1.5T MRI machines, enhancing the experience for a broad range of patient types.
"Radiologists want freedom of choice when selecting the best MRI approach for their patients. The state-of-the-art Free.Max MRI scanner gives clinicians another option for high-quality MRI imaging," said Jonathan Wiener, M.D., board-certified, subspecialized radiologist, and director of MRI for RAYUS Radiology in Southeast Florida. "It is a key step toward ensuring that all patients have access to high-quality MRI services, including larger-sized individuals and those who are claustrophobic."
The MAGNETOM Free.Max was developed and manufactured by Siemens Healthineers. The U.S. Food and Drug Administration approved it for use in the United States in July 2021. RAYUS Radiology is among the first organizations in the United States to offer this innovative diagnostic radiology solution.
"Siemens Healthineers is thrilled to collaborate with RAYUS Radiology to expand access to MRI," said Jane Kilkenny, vice president of MR at Siemens Healthineers USA. "We believe the MAGNETOM Free.Max will help deliver on this goal and will improve the quality of diagnostic imaging for more patients in Florida."
"The MAGNETOM Free.Max inaugurates a new era of diagnostic imaging services at RAYUS and underscores our company's commitment to acquiring technologies that advance and accelerate patient care," said Kim Tzoumakas, chief executive officer at RAYUS Radiology. "Our goal is to help ensure that all patients have the best possible experience and outcomes when undergoing diagnostic imaging."
About RAYUS Radiology
RAYUS Radiology is the nation's leading subspecialty practice for advanced diagnostic and interventional radiology, with a network of imaging centers, hospital partnerships and short- and long-term hospital solutions. The organization, with more than 3,000 team members nationwide, is committed to delivering clinical excellence in communities across the United States, driven by its affiliated subspecialized radiologist network; compassionate, safe, and cost-efficient care; and superior service to referring providers and patients. For more information, visit www.RAYUSradiology.com.
About Wellspring Capital Management
Wellspring Capital Management is a leading private equity firm headquartered in New York. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. In total, Wellspring's current portfolio companies employ nearly 60,000 people around the world and generated aggregate revenues in excess of approximately $4.5 billion in the last 12 months.[1] Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. Wellspring's objective is to bring partnership, experience, and value creation to each investment. By teaming up with strong management, Wellspring seeks to unlock underlying value and pursue new growth opportunities through strategic initiatives, operating improvements, and add-on acquisitions. The firm functions as a strategic partner, providing management teams with top-line support, M&A experience, financial expertise, and access to resources. For additional information, please visit www.wellspringcapital.com.
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SOURCE Rayus Radiology | https://www.mysuncoast.com/prnewswire/2022/04/12/rayus-radiology-adds-new-cutting-edge-wide-bore-mri-scanner-its-imaging-service-line/ | 2022-04-12T19:19:03Z |
Green Bay Packers announce 1st-ever soccer match to be played at Lambeau Field
By WDJT Staff
Click here for updates on this story
GREEN BAY, Wisconsin (WDJT) — The Green Bay Packers announced its first-ever soccer match will be played at Lambeau Field on Saturday, July 23.
The “USA Cup” exhibition match will be between European soccer clubs FC Bayern Munich and Manchester City.
The Packers joined representatives from FC Bayern Munich and Manchester City on Monday morning, May 2, to make the announcement. The USA Cup is part of FC Bayern Munich’s preseason Audi Summer Tour, during which they will also stop in Washington, D.C., to play D.C. United on July 20. Before traveling to Green Bay, Manchester City will also be playing an earlier fixture on July 20 at NRG Stadium in Houston against Club América as part of their 2022/23 preseason trip in the U.S.
This will be the second meeting between the clubs on U.S. territory after Man City defeated FCB 3-2 on July 28, 2018, at Miami’s Hard Rock Stadium in an International Champions Cup match.
“We are looking forward to hosting a different kind of football at Lambeau Field this summer as we welcome FC Bayern Munich and Manchester City to Green Bay,” said Packers President and CEO Mark Murphy. “Our home stadium is renowned for its history and tradition, and we’re honored to host two equally historic clubs from across the pond. We’re looking forward to seeing their devoted supporters from around the world attend Lambeau Field’s debut soccer match.”
Tickets go on sale Friday, May 6 at 10 a.m. at Ticketmaster.com. Packers Season Ticket Holders will have access to an exclusive presale starting Thursday, May 5. Season tickets holders and official supporter clubs for FC Bayern Munich and Manchester City will have a separate presale window starting May 3.
Ticket prices range from $35 to $160.
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/2022/05/02/green-bay-packers-announce-1st-ever-soccer-match-to-be-played-at-lambeau-field/ | 2022-05-02T20:47:28Z |
-- Expects second quarter 2022 preliminary UPNEEQ net product sales of approximately $8.4 million, representing an increase of 42% from the first quarter 2022 --
-- Second quarter 2022 net product sales growth contributes to approximately $14.4 million in the six months ended June 30, 2022 --
-- Expects approximately 2,200 cumulative unique medical aesthetics practices placed orders for UPNEEQ through quarter-end --
-- Reaffirms fourth quarter 2022 UPNEEQ net product sales guidance of $20 to $25 million --
BRIDGEWATER, N.J., July 7, 2022 /PRNewswire/ -- RVL Pharmaceuticals plc (Nasdaq: RVLP) ("RVL" or the "Company"), a specialty pharmaceutical company, today announced preliminary second quarter 2022 net product sales of UPNEEQ® (oxymetazoline hydrochloride ophthalmic solution), 0.1%, the first and only U.S. Food and Drug Administration ("FDA")-approved ophthalmic solution for blepharoptosis, or droopy eyelids, of $8.4 million. The Company also announced that from February through June of 2022 it had received orders from approximately 2,200 cumulative unique medical aesthetics practices. The Company also reaffirms its guidance targeting net product sales of UPNEEQ for the fourth quarter of 2022 of $20 to $25 million.
"We are delighted with our year-to-date sales momentum, as we continue to demonstrate UPNEEQ's potential within the eyecare and medical aesthetics markets. During the second quarter of 2022, we continued to expand the number of medical aesthetics practices that have purchased UPNEEQ– doubling the number of providers since the end of the first quarter. In addition, we also worked diligently to begin to establish UPNEEQ as an integrated part of the medical aesthetics practice, which resulted in over 500 practices having re-purchased UPNEEQ by the end of the second quarter – an indication of the opportunity in this market. The enthusiasm from patients and providers has been encouraging and we are on our way to establishing a strong foundation for the adoption of UPNEEQ as an integral piece of the minimally/non-invasive facial aesthetics category," stated Brian Markison, Chief Executive Officer of RVL.
"As planned and previously announced, we expect to significantly expand our medical aesthetics salesforce by mid to late July and believe that we are well positioned to build on our momentum and achieve our fourth quarter 2022 net sales projection," concluded Markison.
Preliminary Financial Information
The financial and operating data for the second quarter of 2022 is preliminary and may change. This preliminary data has been prepared by, and is the responsibility of, the Company's management and no independent accounting firm has audited, reviewed, compiled or performed any procedures with respect to this preliminary financial data. There can be no assurance that the Company's actual results for this quarterly period will not differ from the preliminary financial and operating data and such changes could be material. In addition, the Company's estimate of UPNEEQ net product sales for the second quarter of 2022 should not be viewed as a substitute for full financial statements for the second quarter of 2022 prepared in accordance with U.S. generally accepted accounting standards. Additional information that will be material to investors will be provided in the financial statements for the three and six months ended June 30, 2022, and, accordingly, investors should not place undue reliance on the limited preliminary information being provided herein.
Forward Looking Statements
This press release includes statements that express the Company's opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements." The Company's actual results may vary significantly from the results anticipated in these forward-looking statements, which can generally be identified by the use of forward-looking terminology, including the terms "believes," "expects," "may," "will," "should," "seeks," "projects," "approximately," "intends," "plans," "estimates" or "anticipates," or, in each case, their negatives or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. They include statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, its results of operations, financial condition, liquidity, prospects, financial guidance, growth plan, strategies, trends and other events, particularly relating to sales of UPNEEQ and FDA and other regulatory applications, approvals and actions, the continuation of historical trends, our ability to manage costs and service our debt and the sufficiency of our cash balances and cash generated from operating and financing activities for future liquidity and capital resource needs. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We may not achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place significant reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Important factors that could cause actual results and events to differ materially from those indicated in the forward-looking statements include the following: UPNEEQ's ability to reach market acceptance by clinicians and patients; our ability to successfully commercialize UPNEEQ; our customers' willingness to pay the price we charge for UPNEEQ; the results of our marketing and sales expenditures; our dependence on third-party suppliers and distributors for UPNEEQ; UPNEEQ's ability to produce its intended effects; failures of or delays in clinical trials or other delays in obtaining regulatory approval or commencing product sales for new products; the impact of legal proceedings; and other risks and uncertainties more fully described in the "Risk Factors" section of our Annual Report on Form 10-K filed on March 30, 2022 and other filings that the Company makes with the Securities and Exchange Commission. These forward-looking statements speak only as of the time of this release and we do not undertake to publicly update or revise them, whether as a result of new information, future events or otherwise, except as required by law.
IMPORTANT SAFETY INFORMATION
INDICATION
UPNEEQ® (oxymetazoline hydrochloride ophthalmic solution), 0.1% is indicated for the treatment of acquired blepharoptosis in adults.
WARNINGS AND PRECAUTIONS
- Ptosis may be associated with neurologic or orbital diseases such as stroke and/or cerebral aneurysm, Horner syndrome, myasthenia gravis, external ophthalmoplegia, orbital infection and orbital masses. Consideration should be given to these conditions in the presence of ptosis with decreased levator muscle function and/or other neurologic signs.
- Alpha-adrenergic agonists as a class may impact blood pressure. Advise UPNEEQ patients with cardiovascular disease, orthostatic hypotension, and/or uncontrolled hypertension or hypotension to seek medical care if their condition worsens.
- Use UPNEEQ with caution in patients with cerebral or coronary insufficiency or Sjögren's syndrome. Advise patients to seek medical care if signs and symptoms of potentiation of vascular insufficiency develop.
- UPNEEQ may increase the risk of angle closure glaucoma in patients with untreated narrow-angle glaucoma. Advise patients to seek immediate medical care if signs and symptoms of acute narrow-angle glaucoma develop.
- Patients should not touch the tip of the single patient-use container to their eye or to any surface, in order to avoid eye injury or contamination of the solution.
ADVERSE REACTIONS
Adverse reactions that occurred in 1-5% of subjects treated with UPNEEQ were punctate keratitis, conjunctival hyperemia, dry eye, blurred vision, instillation site pain, eye irritation and headache.
DRUG INTERACTIONS
- Alpha-adrenergic agonists, as a class, may impact blood pressure. Caution in using drugs such as betablockers, anti-hypertensives, and/or cardiac glycosides is advised. Caution should also be exercised in patients receiving alpha adrenergic receptor antagonists such as in the treatment of cardiovascular disease, or benign prostatic hypertrophy.
- Caution is advised in patients taking monoamine oxidase inhibitors which can affect the metabolism and uptake of circulating amines.
About RVL Pharmaceuticals plc
RVL Pharmaceuticals plc is a specialty pharmaceutical company focused on the commercialization of UPNEEQ® (oxymetazoline hydrochloride ophthalmic solution), 0.1%, for the treatment of acquired blepharoptosis, or low-lying eyelid, in adults. UPNEEQ is the first non-surgical treatment option approved by the FDA for acquired blepharoptosis.
Investor and Media Relations for RVL Pharmaceuticals plc
Lisa M. Wilson
In-Site Communications, Inc.
T: 212-452-2793
E: lwilson@insitecony.com
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SOURCE RVL Pharmaceuticals plc | https://www.kxii.com/prnewswire/2022/07/07/rvl-pharmaceuticals-plc-announces-preliminary-second-quarter-2022-upneeq-net-product-sales-results/ | 2022-07-07T19:58:39Z |
BRISBANE, Australia and CARLSBAD, Calif., July 15, 2022 /PRNewswire/ -- ImpediMed Limited (ASX: IPD) is pleased to announce that two abstracts evaluating use of ImpediMed's SOZO® Digital Health Platform in heart failure patients were accepted for poster presentation at the Heart Failure Society of America (HFSA) Annual Scientific Meeting 2022 taking place from September 30 to October 3 in Washington D.C.
The abstracts are titled:
- Bioimpedance Spectroscopy Distinguishes between Fluid Status in Individuals with and without Heart Failure
- Bioimpedance Spectroscopy Derived Arm-to-Leg R0_ratio as a Predictor of Increased Intravascular Volume and Need for Up-Dosing
The HFSA Annual Meeting draws experts on heart failure care with the goal of reducing the burden of heart failure through education, innovation, and research. It is a highly specialized scientific conference and one of the leading forums to present research in heart failure.
"Inaccuracies of clinical assessments have plagued the estimation of fluid volume in heart failure patients. This work examines the use of bioimpedance spectroscopy (BIS) as an objective measure of fluid volume overload to help predict congestion and potentially guide medical intervention." commented Dr. Andrew Accardi, Emergency Medicine Physician at Scripps Health in San Diego, California and author on both posters.
"The HFSA annual meeting is the premier forum to present data on new technologies and innovations in heart failure," stated Richard Carreon, Managing Director and CEO of ImpediMed. "Presenting data here reinforces ImpediMed's commitment to innovation and research into improving care for heart failure patients. The visibility and connections made during these meetings supports our commercialization effort in heart failure."
The Heart Failure Society of America is a multidisciplinary organization working to improve and expand heart failure care through collaboration, education, research, innovation, and advocacy. HFSA members include physicians, scientists, nurses, nurse practitioners, pharmacists, and patients. HFSA is recognized as a clearinghouse for information on heart failure research including drugs, devices, and patient care. HFSA jointly develops guidelines for the management of heart failure with the American College of Cardiology and American Heart Association.
The abstracts accepted for poster presentation fall outside of the current FDA clearances for SOZO and HF-Dex™ and are not available for commercial sale in the US.
Founded in Brisbane, Australia with US and European operations, ImpediMed is a medical technology company that uses bioimpedance spectroscopy (BIS) technology to generate powerful data to maximise patient health. ImpediMed produces a family of FDA cleared and CE Marked medical devices, including SOZO® for multiple indications including heart failure, lymphoedema, and protein calorie malnutrition sold in select markets globally.
The SOZO fluid analysis for heart failure provides an objective measure of fluid volume in heart failure patients. It utilizes ImpediMed's HF-Dex heart failure index, to help clinicians identify the optimal fluid volume range for their patients. HF-Dex is presented on BIS-derived reference ranges which indicate normal fluid volumes and elevated fluid volumes, which may require further clinical investigation.
Learn more: impedimed.com
Contact: info@impedimed.com
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SOURCE ImpediMed | https://www.kxii.com/prnewswire/2022/07/15/new-data-evaluating-impedimeds-sozo-heart-failure-patients-be-presented-heart-failure-society-america-annual-scientific-meeting-2022/ | 2022-07-15T13:46:26Z |
HAMILTON, Bermuda, April 29, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill or the Company") announces that it has filed its annual report on Form 20-F for the year ended December 31, 2021 with the Securities and Exchange Commission in the U.S. The report can be accessed on the website of the U.S. Securities and Exchange Commission, www.sec.gov and at www.seadrill.com. Shareholders may also request a hard copy of the Annual Report, which includes the Company's complete 2021 audited financial statements, free of charge, by sending an email to: seadrill@hawthornadvisors.com.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This information was brought to you by Cision http://news.cision.com
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SOURCE Seadrill Limited | https://www.wibw.com/prnewswire/2022/04/29/sdrl-filing-2021-annual-report-form-20-f/ | 2022-04-29T11:15:20Z |
Suspect charged with murder after shooting inside Chinese takeout restaurant
By Walter Perez
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PHILADELPHIA (WPVI) — A suspect has been arrested for a fatal shooting inside a Chinese takeout restaurant in the Frankford section of Philadelphia.
Jamel Taylor, 30, of the 400 block of West Duncannon Street, is charged with murder.
The shooting happened around 8:45 p.m. Monday in the 4800 block of Frankford Avenue.
Police say that’s where a 34-year-old man was shot in the chest and back.
The victim was taken to Temple University Hospital where he died a short time later.
Action News spoke with a witness to the murder who asked not to be identified. The witness said it all started with two men getting into some kind of argument inside the eatery.
“The guy pulls a gun. I heard the first shot. I went behind another car, peeked up over the windows and saw the second shot,” the witness said.
The witness says it was after the second shot when the gunman flipped into a rage.
“The guy starts literally stomping on his head,” she said, “and then bends down and yells at him, ‘You should be glad I didn’t shoot you again.'”
We spoke with people who knew the 34-year-old victim. They say he was a quiet man who was always polite with his neighbors.
“He did no drugs, no alcohol, nothing like that. All he did was drink energy drinks and stay to himself,” said Wayne Brunson.
People from that neighborhood say feeling unsafe has become the new normal.
“I am going to be honest. I got a son. There’s a lot going on down here. I see it on the news all the time,” said Mya Haynie.
“When I walk home from work, it’s like you’re seeing people and you are watching over your shoulder,” said Michael Gary.
There was no word on a motive for this shooting.
The victim’s name has not been released.
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/cnn-regional/2022/04/06/suspect-charged-with-murder-after-shooting-inside-chinese-takeout-restaurant/ | 2022-04-07T00:14:21Z |
COVID coverage for all dries up even as hospital costs rise
WASHINGTON (AP) — For the first time, the U.S. came close to providing health care for all during the coronavirus pandemic — but for just one condition, COVID-19.
Now, things are reverting to the way they were as federal money for COVID care of the uninsured dries up, creating a potential barrier to timely access.
But the virus is not contained, even if it’s better controlled. And safety-net hospitals and clinics are seeing sharply higher costs for salaries and other basic operating expenses. They fear they won’t be prepared if there’s another surge and no backstop.
“We haven’t turned anybody away yet,” said Dr. Mark Loafman, chair of family and community medicine at Cook County Health in Chicago. “But I think it’s just a matter of time ... People don’t get cancer treatment or blood pressure treatment every day in America because they can’t afford it.”
A $20 billion government COVID program covered testing, treatment and vaccine costs for uninsured people. But that’s been shut down. Special Medicaid COVID coverage for the uninsured in more than a dozen states also likely faces its last months.
At Parkland Health, the frontline hospital system for Dallas, Dr. Fred Cerise questions the logic of dialing back federal dollars at a time when health officials have rolled out a new “test-to-treat” strategy. People with COVID-19 can now get antiviral pills to take at home, hopefully avoiding hospitalization. Vice President Kamala Harris, who recently tested positive but is back working at the White House, is an example.
“Test-to-treat will be very difficult for uninsured individuals,” predicted Cerise, president and CEO of the system. “If it’s a change in strategy on the large scale, and it’s coming without funding, people are going to be reluctant to adopt that.”
Officials at the federal Department of Health and Human Services say the new antiviral drugs like Paxlovid have been paid for by taxpayers, and are supposed to be free of charge to patients, even uninsured ones.
But they acknowledge that some uninsured people can’t afford the medical consultation needed to get a prescription. “We hear from state and local partners that the lack of funding for the Uninsured Program is creating challenges for individuals to access medications,” said Dr. Meg Sullivan, chief medical officer for the HHS preparedness and response division.
The nation has not pinched pennies on the pandemic before.
“We’re well short of universal health coverage in the U.S., but for a time, we had universal coverage for COVID,” said Larry Levitt, a health policy expert with the nonpartisan Kaiser Family Foundation. “It was extraordinary.”
Recently an urgent White House request for $22.5 billion for COVID priorities failed to advance in Congress. Even a pared-back version is stuck. Part of the Biden administration’s request involves $1.5 billion to replenish the Uninsured Program, which paid for testing, treatment and vaccine-related bills for uninsured patients. The program has now stopped accepting claims due to lack of money.
That program, along with a less known Medicaid option for states, allowed thousands of uninsured people to get care without worrying about costs. Bipartisan support has given way as congressional Republicans raise questions about pandemic spending.
The Uninsured Program was run by the Health Resources and Services Administration, an HHS agency. Medical providers seeing uninsured people could submit their bills for reimbursement. Over the last two years, more than 50,000 hospitals, clinics, and medical practices received payments. Officials say they can turn the program back on if Congress releases more money.
The Medicaid coverage option began under the Trump administration as a way to help states pay for testing uninsured people. President Joe Biden’s coronavirus relief bill expanded it to treatment and vaccine costs as well. It’s like a limited insurance policy for COVID. The coverage can’t be used for other services, like a knee replacement. The federal government pays 100% of the cost.
Fifteen states, from deep blue California to bright red South Carolina, have taken advantage of the option, along with three U.S. territories. It will end once the federal coronavirus public health emergency is over, currently forecast for later this year.
New Hampshire Medicaid Director Henry Lipman said the coverage option allowed his state to sign up about 9,500 people for COVID care that includes the new antiviral drugs that can be taken at home.
“It’s really the safety net for people who don’t have any access to insurance,” said Lipman. “It’s a limited situation, but in the pandemic it’s a good back-up to have. It makes a lot of sense with such a communicable disease.”
With COVID cases now at relatively low levels, demand for testing, treatment and vaccination is down. But the urgency felt by hospitals and other medical service providers is driven by their own bottom lines.
In Missouri, Golden Valley Memorial Healthcare CEO Craig Thompson is worried to see federal funding evaporate just as operating costs are soaring. Staff have gotten raises, drug costs have risen by 20% and supply costs by 12%.
“We’ve now exited this pandemic ... into probably the highest inflationary environment that I’ve seen in my career,” Thompson said. The health system serves a largely rural area between Kansas City and Springfield.
In Kentucky, Family Health Centers of Louisville closed a testing service for uninsured people once federal funds dried up. The private company they were working with planned to charge $65 a test.
Things are manageable now because there’s little demand, said spokeswoman Melissa Mather, “but if we get hit with another omicron, it’s going to be very difficult.”
Floridian Debra McCoskey-Reisert is uninsured and lost her older brother to COVID-19 in the first wave two years ago. In one of their last conversations, he made her promise she wouldn’t catch the virus.
McCoskey-Reisert, who lives north of Tampa, has managed to avoid getting sick so far. But she’s overshadowed by fear of what could happen if she or her husband get infected.
“If either one of us get sick with COVID, we don’t have a way to pay for it,” she said. “It would likely bankrupt us if we can’t find some other help.”
Retrenchment on the uninsured mirrors some of the bigger problems of the U.S. health care system, said Chicago hospital physician Loafman.
“Quite frankly, we as a society take care of the uninsured for COVID because it’s affecting us,” he said. “You know, a gated community doesn’t keep a virus out ... that’s sort of the ugly truth of this, is that our altruism around this was really self-motivated.”
___
Hollingsworth reported from Mission, Kansas.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/06/covid-coverage-all-dries-up-even-hospital-costs-rise/ | 2022-05-06T05:15:55Z |
MILWAUKEE, Aug. 25, 2022 /PRNewswire/ -- Ademi LLP is notifying investors of the August 29, 2022 deadline for motions for Lead Plaintiff in securities fraud claims against Wells Fargo (NYSE: WFC). The class action results from inaccurate statements Wells Fargo may have made regarding its business operations and prospects.
Click here to learn more about the case: https://www.ademilaw.com/case/wells-fargo-company or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
The investigation focuses on whether Wells Fargo properly disclosed that (i) Wells Fargo had misrepresented its commitment to diversity; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) this conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation.
If you wish to obtain additional information or have information about this case, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, https://www.ademilaw.com/case/wells-fargo-company.
We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Ademi LLP
Guri Ademi
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Cudahy, WI 53110
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SOURCE Ademi LLP | https://www.wibw.com/prnewswire/2022/08/25/ademi-llp-notifies-investors-august-29-2022-deadline-claims-securities-fraud-against-wells-fargo-amp-company/ | 2022-08-25T08:33:32Z |
TORONTO (AP) — James Harden and the Philadelphia 76ers are headed for the second round, not home for Game 7.
Joel Embiid had 33 points and 10 rebounds, Harden added 22 points and 15 assists and the 76ers beat the Toronto Raptors 132-97 in Game 6 to end their first-round series Thursday night.
“We weren’t going back to Philly for a Game 7,” Harden said.
Philadelphia will face Miami in the second round, with Game 1 Monday night in South Florida. The top-seeded Heat beat Atlanta in five games.
“They’re good, they’re deep, they’re veterans,” 76ers coach Doc Rivers said about the Heat. “We’ve got to go play grown men, and we’re looking forward to the challenge.”
Tyrese Maxey scored 25 points, going 5 for 12 from 3-point range, and Tobias Harris had 19 points and 11 rebounds to help the 76ers finish off the Raptors with a blowout after losing the past two games.
“We knew what was at stake for us,” Harris said. “No disrespect to our fans, but we did not want to come back to Wells Fargo for a Game 7. We wanted to end it tonight out here.”
Danny Green scored 12 points and shot 4 for 7 from 3-point range as the Sixers finished 16 for 40 from beyond the arc. The Raptors struggled from 3-point range, going 7 for 35.
Chris Boucher had 25 points and 10 rebounds for Toronto, Pascal Siakam fouled out with 24 points, Gary Trent Jr. had 19 and Scottie Barnes 18.
“We fought hard but we didn’t get the outcome we wanted,” Siakam said. “We just have to go back and learn from it.”
Toronto lost in the first round for the first time since being swept by Washington in 2015.
“I thought we went through a tremendous amount this year,” Raptors coach Nick Nurse said. “They just kept fighting, kept playing, kept getting better and kept figuring it out.”
Harden credited the Raptors for extending the series after losing the first three games.
“That was one of the toughest series I’ve played in just because of their switching and their athleticism, their length,” Harden said about Toronto’s lineup. “They throw different defenses at you, box and ones and zones. They just mess up the game.”
The Raptors played without all-star guard Fred VanVleet. He missed his second straight game because of a strained left hip flexor.
Toronto’s Precious Achiuwa had 17 points in Game 5 but didn’t score Thursday until making a free throw in the fourth quarter. Achiuwa drove for a dunk at the end of the third but the basket was waved off because it came after the buzzer. He shot 1 for 7 and scored three points.
The Raptors trailed 70-67 after Siakam made a hook shot with 9:42 left in the third, but Maxey hit three 3-pointers as the 76ers broke the game open with a 17-0 run over the next four-plus minutes, opening an 87-67 lead with 5:20 left in the quarter.
“At halftime I looked and we had great shots, and we were going to keep getting those,” Rivers said. “I told them ‘If we can rebound the ball, we can stretch this lead quickly.’ That was quicker than I thought, obviously. We made every shot.”
Nurse called timeout after Harden connected from distance with 3:52 left in the third, putting the Sixers up 92-70. Philadelphia took a 99-78 lead to the fourth.
PLAYING VILLAIN
After being called for a foul in the third quarter, Embiid responded to vulgar chants from the fans by cupping his hands around his ears. He did the same while heading to the bench for a fourth quarter timeout.
Boos rained down after Embiid dunked in the fourth, then ran down the court with his arms raised in the airplane celebration he used against Toronto in the 2019 playoffs.
IN CASE OF PLAYOFFS, BRING GREEN
Rivers singled out veteran guard Danny Green for a poised performance in Game 6.
“If you’re going to go on the road, you should bring Danny Green with you,” Rivers said. “Really. He is not fazed at all.”
SHOT CHART
Toronto made seven of its first eight field-goal attempts, then missed its next 10. The Raptors shot 12 for 17 in the first quarter, making 5 of 19 after their hot start.
TIP-INS
76ers: Embiid had a bandage over his eye as he left the arena. Embiid was elbowed in the face as Siakam drove to the basket in the fourth. … Rivers was called for a technical foul in the fourth for arguing that Harden had been fouled on a three-point basket. … Embiid went 9 for 10 at the free throw line, while Harden was 6 for 6.
Raptors: Siakam had seven of Toronto’s 15 assists. … Former Raptors guard Cory Joseph attended the game.
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/embiid-scores-33-points-76ers-finish-off-raptors-in-game-6/ | 2022-04-29T07:14:53Z |
Vandals destroy 76-year-old woman’s wheelchair ramp
CHARLOTTE, N.C. (WCCB) – A grandmother in North Carolina is calling out the suspects who destroyed her wheelchair ramp at her home.
The 76-year-old woman, who did not want to be identified by name, told WCCB she relies on her wheelchair to get around after undergoing several surgeries.
She said she spends her days swinging in her chair, looking after her beloved dogs and minding her own business.
“I like where I’m at if people would just leave me alone,” she said.
Last week, she said her friend drove her to the store, and when she returned hours later, she found piles of debris scattered in her yard.
“I said, ’Oh my God, what happened to my deck?” she said.
It was remnants of her wheelchair ramp and deck. She quickly called police.
According to the incident report, detectives found her wheelchair ramp broken into two pieces and wooden boards broken in half. Officers also noticed tire tracks leading away from the ramp and a piece of a bumper from a truck.
The woman said she has lived there for more than 20 years and never had any problems until now. However, she says that she recently had “a problem” with one person, who she believes is the culprit.
“That’s who I really, in my heart, know that did this. But I can’t prove it, so my heart doesn’t do any good,” she said. “The thing is, they tried to hurt me, and it didn’t go their way.”
The vandalism caused about $5,000 worth of property damage. The woman hopes the person responsible will come forward.
Copyright 2022 WCCB via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/08/vandals-destroy-76-year-old-womans-wheelchair-ramp/ | 2022-07-08T21:50:10Z |
CHONGQING, China (AP) — The city of Chongqing, dubbed one of China’s four “furnace” cities, is known for both soaring temperatures and spicy cuisine — notably its hotpot, a peppery bubbling tabletop broth into which diners dunk bite-size pieces of food to cook and eat.
The inland metropolis on the Yangtze River has the perfect escape to enjoy hotpot, even in what has been a summer of unusually stifling heat: World War II-era air raid shelters, converted into restaurants, where the temperature is naturally cooler.
Locals call it “cave hotpot.”
Chongqing was the temporary capital of China during World War II, as a Japanese invasion drove the government out of the then-capital, Nanjing, and occupied eastern China. Leader Chiang Kai-shek, the military, foreign diplomats and others set up in what was then a remote city in the southwest.
At the sound of air raid sirens, residents crowded into the often dark shelters dug into the hilly cityscape to protect people and military weapons. Thousands died in the Japanese aerial bombing attacks.
Today, the stone arch doorways of the former shelters still dot the city. Some have become cafes and mahjong parlors and others, restaurants.
Red Chinese characters hang over one entrance, its stonework half-hidden by a refrigerated drinks display case and stacked up plastic chairs. The characters read: “Cave Pavilion Hotpot. Founded 1989.”
Inside, tables and chairs line two long and narrow tunnels connected by a corridor. A starry night sky has been painted on the semicircular roof to reinforce a feeling of coolness. A painting of a World War II fighter plane hangs on the wall.
Diners drop beef tripe, meat, fish and vegetables into a bubbling broth filled with floating red chili peppers and lip-numbing Sichuan peppercorns. A non-spicy broth is also available — in a smaller container.
“We stay away from the summer heat in these air raid shelters,” said Tang Ronggang, as wisps of steam rose in front of his face from the hotpot on his table. “It’s cool in here, a good place to stay in summer.”
Particularly this summer, which has seen what meteorologists are calling China’s strongest heat wave since the government began recording rainfall and temperature 61 years ago. High temperatures have persisted for more than two months, topping 40 degrees Celsius (104 Fahrenheit) in many places.
Shopping malls have closed in Chongqing for most of the daytime to conserve power. Wide swaths of the Yangtze and Jialing rivers, which meet in the city, have dried up, drawing people to the exposed riverbed. The extended heat and drought is blamed on a high-pressure system parked over western Russia that is also causing this summer’s heatwaves in Europe.
Chongqing, immediately east of Sichuan, was part of the province until the city and the surrounding area was broken off administratively in 1997.
Some date the city’s hotpot tradition to the 16th century, when porters ate meat and vegetables boiled with fiery spices after a hard day’s work on the docks on the Jialing River. The dish moved into abandoned air raid shelters in the 1970s, giving birth to a new tradition, the cave hotpot.
___
Associated Press video producer Olivia Zhang contributed. | https://cw33.com/strange-news/ap-strange-news/ap-some-like-it-hot-eating-spicy-in-chinas-wwii-shelters/ | 2022-08-25T19:52:04Z |
SAN FRANCISCO and LONDON, June 10, 2022 /PRNewswire/ -- Bosonic, a decentralized Financial Market Infrastructure (dFMI) business has today announced the formation and launch of the Bosonic Cross-Custodian Net Settlement (CCNS) Working Group with several of the industry's leading digital asset custodians, exchanges and banks.
The industry group will be spearheaded by Bosonic and will include a worldwide network of digital asset custodians such as First Digital in Hong Kong, Tetra Trust in Canada and Vast Bank in the United States, with other custodian banks as well as major financial institutions and exchanges participating and soon to be announced.
This is an industry first to include a range of institutional custodians from around the world undertaking net settlements and payments for digital assets and fiat via a layer-2 blockchain. The Working Group will help establish the protocol and best practice between custodians around the world on the Bosonic Network™ as part of the launch of Bosonic's Cross-Custodian Net Settlement platform, which has been developed to:
- Support institutional cross-custodian trading and payments with net settlement calculations and movements
- Atomic burn and reallocation of netted quantities on Layer-2 blockchain together with physical movement of residual quantities for digital assets and fiat currencies on Layer-1 Smart Contracts
- Assess benefits of interoperability with relevant stablecoins for the fiat residuals
Rosario Ingargiola, Bosonic CEO said, "As an industry first, and as the only custodian-agnostic payment versus payment settlement network on a working layer-2 blockchain, we are excited to further collaborate with a growing network of partners and clients across the world as we roll-out Cross-Custodian Net Settlement. The adoption of the Bosonic Network™ continues to go from strength to strength as the industry looks to eliminate counterparty credit and settlement risk."
Vincent Chok, CEO of First Digital responded, "We're pleased to announce our collaboration with Bosonic as we work together to break down silos and enhance coordination with institutional-grade partners across regions. We're looking forward to working together to further develop the strength, quality and robustness of digital asset infrastructure as we help bridge the worlds of traditional and digital finance."
"One of our core promises to customers is that we are embracing constant change, and the establishment of this group signifies that we are building on that commitment to innovation," said Brad Scrivener, CEO of Vast Bank. "We're proud to be supporting institutions by working to increase liquidity, standardization, and security with digital assets."
The Bosonic Network™ is a best-in-class and unique infrastructure for institutional clients, connecting to exchanges and market makers, and enabling a payment versus payment atomic swap for instantaneous settlement on a layer-2 blockchain operated by digital asset custodians.
Media Contact
The Realization Group on behalf of Bosonic
melanie.budden@therealizationgroup.com
Tel +44 7974937970
About Bosonic
Founded in 2016, Bosonic is a leading decentralized financial market infrastructure "dFMI" company with offices in San Francisco, New York and London providing best-in-class infrastructure that eliminates counterparty credit and settlement risk in Digital Asset markets. The Bosonic Network™ provides institutional clients with a patented solution that is custodian-agnostic, enables tokenization of assets and collateral, provides liquidity aggregation and DMA to the best Exchanges and Market-Makers, and at the core, runs real-time payment vs payment (PvP) atomic execution and settlement, with cross-margining, cross-custodian net settlement and payments. The Bosonic Network™ is delivering infrastructure that's reshaping the future of Digital Asset markets by eliminating risk and maximizing capital efficiency for hedge funds, family offices, banks, brokers, asset managers and other market participants.
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SOURCE Bosonic | https://www.wibw.com/prnewswire/2022/06/10/bosonic-announces-launch-bosonic-cross-custodian-net-settlement-working-group-with-leading-digital-assets-custodians/ | 2022-06-10T11:07:40Z |
VANCOUVER, BC, April 1, 2022 /PRNewswire/ - Liquid Meta Capital Holdings Ltd. ("Liquid Meta" or the "Company") (NEO: LIQD) (FRANKFURT: N5F), a decentralized finance infrastructure and technology company focused on bridging the gap between traditional and decentralized finance, today provided an update on its exposure to a decentralized exchange (DEX) that is part of the Ronin blockchain ecosystem, owned by Sky Mavis.
On March 29, 2022, the Ronin Network announced a security breach whereby the Sky Mavis' Ronin validator nodes were compromised, resulting in 173,600 Ethereum and 25.5M USDC being drained from the Ronin bridge in two transactions. As a result of the hack, certain DEX's and the Ronin blockchain were halted and the support teams of the Ronin blockchain immediately attempted to try and recover these funds. The funds that have been compromised on the bridge serve as collateral to a portion of the assets held on the Ronin network, and if this collateral is not recovered it could have an impact on the price of these assets.
Liquid Meta has provided liquidity to a liquidity pool on a DEX that exists on the Ronin blockchain, and which is interconnected to the bridge that experienced the security breach. This DEX is currently halted pending an update by Sky Mavis and the Ronin teams.
"Although we did not have any direct exposure to the hack on the Ronin bridge, Liquid Meta has approximately $2.3 million of exposure on the Ronin network DEX," said Jonathan Wiesblatt, CEO of Liquid Meta. "This represents approximately 10% of our total liquidity deployed, in line with our ongoing deployment strategy and internal risk criteria and, as a result of which, we wanted to provide this update to the market. There is currently an active investigation into the breach and Ronin, Axie Infinity/Sky Mavis are in the process of outlining how to best move forward. It is important to note that our liquidity on the Ronin network DEX is currently safe while Sky Mavis and the team at the Ronin Blockchain work to resolve the issues with the breach."
Mr. Wiesblatt also stated "Liquid Meta's mission is to deliver access and transparency to the world of DeFi. We are aware of the risks that are part of this nascent industry. Even though our risk assessment of the blockchain and DEX met all our internal risk criteria and controls, we acknowledge we are also part of a larger ecosystem that is interconnected. The Company will provide additional updates as they are received and when appropriate."
About Liquid Meta
Liquid Meta is a decentralized finance infrastructure and technology company that is powering the next generation of open-access protocols and applications. The Company is creating the bridge between traditional and decentralized finance while ushering in a new era of financial infrastructure that benefits anyone, anywhere.
To learn more visit Website | LinkedIn | Twitter
Cautionary Notice
Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents.
Forward-Looking statements
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Liquid Meta to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risks and Uncertainties" in the Company's Filing Statement dated as of December 17, 2021 which is available for view on SEDAR at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Liquid Meta disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
Liquid Meta's operations could be significantly adversely affected by the effects of a widespread global outbreak of a contagious disease, including the recent outbreak of illness caused by COVID-19. It is not possible to accurately predict the impact COVID-19 will have on operations and the ability of others to meet their obligations, including uncertainties relating to the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak, and the length of travel and quarantine restrictions imposed by governments of affected countries. In addition, a significant outbreak of contagious diseases in the human population could result in a widespread health crisis that could adversely affect the economies and financial markets of many countries, resulting in an economic downturn that could further affect operations and the ability to finance its operations.
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SOURCE Liquid Meta Capital Holdings Ltd | https://www.kxii.com/prnewswire/2022/04/01/liquid-meta-provides-update-ronin-network/ | 2022-04-02T13:55:40Z |
SAN DIEGO, June 30, 2022 /PRNewswire/ -- Global private investment firm, Bridgewest Group, recognized for transforming novel ideas into innovative companies, welcomes Jennifer Brown as General Counsel, and David Hewit as Senior Director and Head of Capital Markets.
Brown brings vast legal experience to the global firm, including expertise in new ventures, M & A, and corporate governance. Previously, Brown served as General Counsel at Farmer Brothers where she was responsible for the legal, corporate governance, risk management and real estate functions. Prior to that, Brown served as a corporate, securities and an M&A attorney at global law firms Jones Day and Baker & McKenzie. Brown earned her law degree and undergraduate business degree from the University of Texas at Austin.
"Jennifer will be a great fit to our team. A key pilar to the growth of our organization is good people. She has a stellar reputation for building great rapport, communicating clear descriptions of complexed matters, and earning the trust of colleagues and customers alike. We're delighted that she is joining us," says Adam Gickling, Executive Vice President and COO for Bridgewest Group. "I am thrilled to be working with such a talented group of professionals that are rolling up their sleeves and genuinely looking to add value to the companies where they invest," says Brown.
David Hewit, Senior Director and Head of Capital Markets, is responsible for capital investments and raising external capital in support of Bridgewest Group's portfolio companies. Working with management teams, Hewit will lead efforts to develop and execute Capital Markets strategies to facilitate the growth and strategic initiatives of their companies.
Hewit has fifteen years of experience in the investment management and finance industries. Prior to Bridgewest Group, Hewit was an investment research analyst focused on the technology sector. He has worked for several asset management firms including Newbrook Capital, Shannon River Partners, and Duquesne Capital Management. Hewit graduated with a BS in Finance from Lehigh University in Pennsylvania. "I am excited to be working hand-in-hand with the Bridgewest Group and portfolio company management teams to help them grow and scale their businesses. Bridgewest Group has a roster of extremely promising portfolio companies, all of which have world class deep-technology solutions designed to solve major problems for their customers and the world at large", says Hewit.
Saum Vahdat, Managing Partner, Bridgewest Ventures and CEO Bridgewest Ventures New Zealand, added to the enthusiasm. "This is an exciting time for Jennifer and David to be joining the team. Our portfolio of companies, especially those in early-seed stage, are rapidly growing. The expertise of these new additions will help us bring exciting concepts to scale that could have a profound impact on our knowledge-driven economy."
Bridgewest Group is an innovative and privately held global investment firm with over $3B in private capital. Founded in 1999, the global firm has earned a long-standing reputation for creating and scaling transformational businesses to achieve outsized success. Bridgewest Group leverages its expertise and global eco-community in key sectors where it can have the greatest impact including Biotech, Software, Semiconductor and Artificial intelligence/Deep Tech. Customized financial investment services and diverse real estate holdings augment equity assets and support portfolio companies as they grow. Bridgewest Group is based in the US, with investments primarily in the US, Europe, China and Australasia.
Media Contact: Jenny Bourbiel, jbourbiel@bridgewestgroup.com
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SOURCE Bridgewest Group | https://www.wibw.com/prnewswire/2022/06/30/bridgewest-group-adds-new-members-management-team/ | 2022-06-30T15:32:20Z |
Two New Products, Plus New OFF!Cast Mosquito Forecast™ Launch to Help Consumers Prevent and 'PREtect'
RACINE, Wis., June 7, 2022 /PRNewswire/ -- As Americans head outdoors this summer to soak up the sun, there is more to protect from than harmful UV rays: mosquitoes and ticks that may carry the potential risk of insect-borne diseases are hovering around.
OFF! ®, one of SC Johnson's leading pest control brands, is on a mission to help people protect themselves before that first nip from a mosquito or tick because applying insect repellent after the first bug bite may already be too late. And while prevention is the best protection against mosquitoes and ticks, according to a recent survey, two-thirds of Americans (66%) aren't using bug spray correctly*. Of the 80 percent of surveyed Americans who use bug spray, only 14 percent use bug spray before they leave the house*.
"The heat and humidity of summer creates the ultimate breeding ground for pests," said Maude Meier, SC Johnson entomologist. "Standing water is also a major concern as it attracts mosquitoes. Only the female mosquitoes may bite, but they have quite the appetite. There is no limit to the number of bites one mosquito could inflict, so it's vital to protect your family from both the nuisance of mosquitoes and the potential risk of mosquito-borne diseases."
As a pioneer in personal insect repellents for over 60 years, SC Johnson is proud of the proven effectiveness of its products. The SC Johnson Center for Insect Science and Family Health™, one of the largest privately-owned urban entomology centers in the world, is focused on the advanced science of insect biology, insect-borne disease prevention, and effective product solutions for consumer use. The science behind brands like OFF! is grounded in knowledge from world-class entomologists who have devoted their careers to helping to eradicate diseases like Malaria and Zika.
To help consumers plan ahead, OFF!, the #1 Dermatologist Recommended Repellent Brand**, is encouraging Americans to adopt a PREtection ritual. PREtection, a term inspired by expert SC Johnson entomologists who advocate for prevention as the best protection, is the act of preparing ahead of time to guard against risk. The recommended PREtection ritual involves applying insect repellent after sunscreen, as a final step in peoples' going-out routine.
"Before being exposed to mosquitoes or ticks, it's important to apply insect repellent in advance of going out - similar to using sunscreen as part of a daily routine," said Dr. Jessica Wu, a renowned dermatologist who practices in Los Angeles. "I'm excited to partner with OFF! to help educate people on the importance of planning ahead and applying bug spray as directed. And with OFF! Clean Feel, now there is a product that makes it easy to use every day. It has a lightweight formula with no odor or greasy feel. You don't even notice it's on. I recommend OFF! Clean Feel to all my patients, but especially those who experience hyperpigmentation or skin sensitivity to insect bites."
OFF! is making it even easier for consumers to adopt a PREtection ritual with two new products that can help the whole family protect themselves during the peak season, including:
- OFF! Clean Feel Insect Repellent – mosquito repellent available in an aerosol or spritz bottle with product attributes that are changing the insect repellent game. Clean Feel has no greasy feel or odor, providing a pleasant and trusted DEET-free protection from mosquitoes, ticks and biting flies. Formulated with 20% picaridin, a highly effective active ingredient, it gives you protection that lasts for up to eight hours. According to survey findings, people's least favorite thing about bug spray is the feel of it on their skin (43%)*. Not surprisingly, the second least favorite was the smell (36%)*.
- OFF! Kids Insect Repellent Spray – mosquito repellent spritz is powered by plant-derived ingredients, featuring an effective plant-based formula to provide up to 90 minutes of protection against bites. It's DEET-free and contains no added fragrance or dyes. Parents can feel confident that their entire family is protected because Kids Spray is safe to use on kids six months old and up (when used as directed).
OFF! Clean Feel and Kids Spray repellents can be purchased through major retailers, including Amazon, Target and Walmart. For a full list of store availability, visit OFF.com.
Introducing the OFF!Cast Mosquito Forecast™
In addition to launching new products, OFF! partnered with Google Cloud and Climate Engine to create a first of its kind model that predicts mosquito populations up to seven days in advance based on mosquito biology. OFF!Cast allows people to get their local mosquito forecast as easily as their local weather forecast. Now, OFF! helps Americans prepare and plan ahead before even arriving at a family barbecue, taking a trip to the park, or even exploring a new city when traveling this summer.
"We are putting the power in consumers' hands by providing them with a tool to help predict their potential exposure and prevent mosquito bites," continued Meier. "It's an exciting time to be working in the field of insect science as we find new opportunities to combine science and technology, to further our mission to prevent the spread of insect-borne diseases."
Available today, OFF!Cast will help predict mosquito outbreaks across the United States with the goal of expanding to other markets, like Brazil and Mexico, in the near future.
For more information on new products and to check out the OFF!Cast Mosquito Forecast, visit OFF.com.
OFF! is the #1 Dermatologist Recommended Repellent Brand** and a pioneer in personal insect repellents for over 60 years. As one of SC Johnson's leading pest control brands, OFF! is on a mission to make life better for the next generation. In addition to providing protection against mosquitoes, OFF! is a part of SC Johnson's mission to develop mosquito prevention programs and supports scientific studies on mosquitoes that help make a difference in millions of lives. OFF! is proud to create products with proven effectiveness that repel mosquitoes, ticks and biting flies so families can have a trusted line of protection. No matter the activity or time outdoors, there is an OFF! product for every occasion. Ranging in both personal and area repellents, OFF! product offerings include: OFF! Deep Woods®, OFF! Clean Feel, OFF! Kids, OFF! FamilyCare, OFF! Defense, OFF! Botanicals®, OFF! Active, OFF! Backyard or OFF! Clip-On™. OFF! products should always be used as directed. Effectiveness against pests differs by product and each OFF! product label should be read and followed carefully. Learn more at OFF.com.
Founded in 1886 and headquartered in Racine, Wisconsin USA, SC Johnson believes that a more sustainable, healthier and transparent world that inspires people and creates opportunities isn't just possible – it's our responsibility.
A heritage of innovation and bold, transparent decisions is why our high-quality products and iconic brands – including OFF!® Raid®, Glade®, Windex®, Scrubbing Bubbles®, Ziploc®, Mrs. Meyer's Clean Day®, method®, Autan®, Baygon®, Mr Muscle®, Duck®, Lysoform® and more – are in homes, schools and businesses in virtually every country worldwide.
As a global, purpose-led company, we are committed to making the world a better place today and for future generations. That means relentlessly bringing our expertise in science, innovation and partnerships to bear on some of the world's most pressing environmental and health issues like reducing plastic waste and eradicating malaria. Around the world, we use our resources to unlock greater economic and educational opportunities for people and communities where access may be limited, but curiosity and potential are limitless.
See how SC Johnson is a Family Company At Work For a Better World by visiting scjohnson.com or joining us on Facebook, Twitter, LinkedIn, Instagram and YouTube.
This survey of 2,000 general population Americans was commissioned by Off! between April 22 and April 25, 2022. It was conducted by market research company OnePoll, whose team members are members of the Market Research Society and have corporate membership to the American Association for Public Opinion Research (AAPOR) and the European Society for Opinion and Marketing Research (ESOMAR).
IQVIA, using the ProVoice Survey, fielded to 550 dermatologists from December 1, 2020, to November 30, 2021, and recorded the brand recommended most often in the insect repellents category, has validated the following claims at a 99% confidence level.
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SOURCE OFF! | https://www.mysuncoast.com/prnewswire/2022/06/07/off-helps-americans-give-mosquitoes-ticks-swat-this-summer/ | 2022-06-07T13:15:59Z |
Companies Commit to Building a Total of 1GW of Bitcoin Mining Sites in the US
GREAT NECK, N.Y., April 11, 2022 /PRNewswire/ -- Singularity Future Technology Ltd. ("Singularity" or the "Company") (NASDAQ: SGLY) and Golden Mainland Inc. ("Golden Mainland") announced today the formation of a Bitcoin mining site joint venture.
The joint venture (the "Joint Venture") plans to invest up to $250 million over time to build a total of 1GW of mining sites in Texas, Ohio, and other states, with capacity for up to 300,000 Bitcoin miners, each with 3,400 watts/hour in energy consumption. Singularity is a global logistics and blockchain technology company engaged in shipping, chartering, logistics services and technology services. Golden Mainland is a company engaged in the provision of electricity services in North America.
Under the terms of the Joint Venture, Singularity will own 51%, and Golden Mainland will own 49%, with each party contributing capital in accordance with its ownership interest. Singularity expects to make its initial capital contribution of approximately $10 million to the Joint Venture from available cash.
Mr. Yang "Leo" Jie, Chief Executive Officer of Singularity Future Technology, commented, "We are excited to partner with Golden Mainland in this Joint Venture. We believe that investing in and building out sites with Bitcoin mining capacity will provide a platform with the scale to support the demand levels in the industry."
About Golden Mainland Inc.
Golden Mainland is a company engaged in power services in North America. The company's business includes: supply of electricity, power infrastructure, transformers, power station mergers and acquisitions, and greenhouse agricultural functions. Golden Mainland owns nuclear power, hydropower, wind energy, solar energy, geothermal energy, biomass energy, etc. The company operates 10+GW of power resource use rights, and has diversified investment portfolios in the United States, Canada and other countries. For more information visit www.globalmainland.com.
About Singularity Future Technology Ltd.(NASDAQ: SGLY)
On January 3, 2022, the Company changed its name from Sino-Global Shipping America, Ltd. to Singularity Future Technology Ltd. (NASDAQ: SGLY). Since 2020, it has been developing a presence in the revolutionized Blockchain supply management area by focusing on innovative solutions for globally interconnected networks and establishing state-of-the-art crypto mining pools. As the Blockchain landscape constantly shifts, the Company strives to provide frictionless involvement and a growth-enabling ecosystem for its clients in this ever-changing space. The Company is building on its long track record of success as a global logistics and ship management services company, founded in 2001 in New York, with subsidiaries in New York, Houston, Montreal, Hong Kong, Shanghai, and Ningbo, China. The Company has provided customers throughout the world with all of their shipping logistics and agency needs as a full-service provider. Additional information about the Company can be found on the Company's corporate website at www.singularity.us.
Forward-Looking Statements
Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends that are not statements of historical matters. Such forward-looking statements include SGLY's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. In addition, there is uncertainty about the spread of the COVID-19 virus and the impact it will have on SGLY's operations, the demand for SGLY's products and services, global supply chains and economic activity in general. Moreover, the value of cryptocurrencies may fluctuate significantly over time, and the success of the JV and its products are not assured. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2021. SGLY's SEC filings are available publicly on the SEC's website at www.sec.gov. SGLY disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Singularity Future Technology Ltd. | https://www.kxii.com/prnewswire/2022/04/11/singularity-future-technology-golden-mainland-form-bitcoin-mining-joint-venture/ | 2022-04-11T13:21:02Z |
ELMSFORD, N.Y., July 25, 2022 /PRNewswire/ -- Affiliates of Harbor Group International, LLC ("HGI") and Azure Partners ("Azure"), today announced their joint venture for the $306 million acquisition of Avalon Green, a garden-style multifamily community in Elmsford, New York. HGI plans to implement a $9.2 million capital improvement program across the community to refresh amenities and common areas and modernize select interior units.
Built in three phases in 1995, 2012 and 2016, respectively, the property totals 617 units and features a mix of townhouses, apartment homes and stacked flats. A portion of HGI's capital improvement program will focus on updating the interiors in Phase I and Phase II of the community to include contemporary finishes.
Located in Westchester County, Avalon Green offers residents convenient commuter access to nearby employment centers, including New York City, Rockland County and Fairfield County. The property is near Interstate 287 and Saw Mill River Parkway, and is a 10-minute drive to the region's Metro-North train station, providing direct service to Manhattan and Stamford, Conn. Westchester County also features several notable corporate campuses, including IBM, PepsiCo, Mastercard, Morgan Stanley and Regeneron.
"Avalon Green is an attractive fit for HGI's multifamily portfolio given its strategic location between several employment centers and transportation options along with the significant value-add potential of the community," said Richard Litton, President, HGI. "We see long-term demand fundamentals for the Westchester area as renters seek housing in suburban markets."
Amenities offered at the property include two saltwater swimming pools, a clubhouse and resident lounge and detached garages.
About Harbor Group International
Harbor Group International, LLC, and its affiliates control an investment portfolio of $19 billion including 4.9 million square feet of commercial space throughout the United States and the United Kingdom and 63,000 apartment units in the United States. In addition to its corporate headquarters in Norfolk, Virginia, HGI maintains offices in New York, Baltimore, Los Angeles, and Tel Aviv.
Media contact:
Morgan McGinnis
mmcginnis@prosek.com
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SOURCE Harbor Group International, LLC | https://www.kxii.com/prnewswire/2022/07/25/harbor-group-international-acquires-multifamily-community-westchester-county-new-york/ | 2022-07-25T23:45:05Z |
Hyperion Prepares Devices for Healthcare in Action, A Medical Group Serving Unhoused Individuals
LAS VEGAS, June 22, 2022 /PRNewswire/ -- Trailblazing mobility master agent Hyperion Partners has begun a long-term project with SCAN Group's street-based medical group, Healthcare in Action (HIA), preparing devices to enable HIA's clinical staff to provide innovative services to unhoused individuals.
Over 550,000 individuals are experiencing homelessness in the U.S. Unfortunately, many people who are homeless need medical treatment and never receive medical care due to barriers like untreated mental health and substance use issues, lack of access to transportation and/or fear of formal medical facilities.
HIA provides long-term, sustainably-funded healthcare and substance use, mental health and wrap-around services to individuals experiencing homelessness through value-based managed care arrangements.
The nonprofit was looking for a way to provide affordable and secure mobile devices to patients who are homeless in order to administer healthcare virtually, maintain communication and treat patients who cannot go to a physical location. Hyperion Partners was able to source 100 ruggedized devices equipped with an MDM to ensure the security of devices and patient data.
Any Healthcare in Action patient can apply for a device. So far, the program has deployed 60 of the 100 devices commissioned to approved patients. The program expects to see increased treatment plan follow-through, patient trust and follow-up opportunities. Healthcare in Action plans to deploy over 500 devices by the end of the year with hopes of expanding outside of L.A. in the future.
In support of Healthcare in Action's mission, Hyperion team members have gone onsite to assist with the technical rollout of devices and have provided a leveled-up approach to continued technical assistance.
"Healthcare in Action is creating inventive ways to serve its community, paving the way for other organizations to do the same," Hyperion Director of Sales Anthony Flores said. "As a company that takes pride in innovation, the Hyperion team is happy to play a small part in making this opportunity possible. We hope this solution grows in popularity to provide healthcare for as many individuals experiencing homelessness as possible."
Hyperion is a full-service business development master agent specializing in telecommunications. We focus on adding value for partners and have exclusive access to several disruptive technologies that make our bundled solutions more attractive. Acting as a consultant to our partners and clients, we ensure customers receive the most practical, affordable, and complete solution possible. Hyperion has a wide footprint in businesses of all sizes, offering dedicated care and technical support through the ordering, activation, and implementation processes. To learn more visit hyperionpartners.net.
Contact:
Maridith Garrett,
mag@hyperionpartners.net
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SOURCE Hyperion Partners | https://www.wibw.com/prnewswire/2022/06/22/working-with-healthcare-action/ | 2022-06-22T18:59:50Z |
Global Expansion with 110% Year-Over-Year Growth Rates and International Hires Contribute to Company's Strong Performance Worldwide
REDWOOD CITY, Calif., Sept. 6, 2022 /PRNewswire/ -- Planful Inc., the pioneer of financial performance management cloud software, today announced significant momentum in its international operations, recording 110% year-over-year growth ending June 2022. New customer acquisitions worldwide, new office openings to support global growth, and new hires in its India, United Kingdom, Canada, and Australia regions signal major progress toward the company's international expansion objectives.
Planful increased its roster of EMEA resellers by 200% and expanded its presence in the APAC region. The company recently signed a partnership with Forpoint Solutions, a best-in-class cloud solution provider for finance teams based in Australia and New Zealand. Planful also drove 80% customer growth in the UK and Europe, adding brands like Aiven, Kin + Carta, Ten Lifestyle Group, Brompton, and Kognity as customers.
"It's been a remarkable change with Planful as we now have a database of financial information that lets us quickly report and look at trends. Planful has turned us into a more effective team that, instead of just creating reports, we have an even greater understanding of what's going on across the Group. That gives us the opportunity to add value." said Niall Jameson, Head of Group Reporting at Grafton Group.
Planful's operations in Canada have more than doubled year-over-year while the UK team has grown six-fold. The company continues to expand in India and held a successful hiring event in Indore in the second quarter of 2022, adding to its existing team in Hyderabad. Planful earned Great Place to Work® certification for its operations in the U.S., Canada, India, and the UK. In Canada, Planful was also recognized on the 2022 Best Workplaces for Today's Youth list.
"Planful continues to grow worldwide because of the innovation and dedication of our team, posting new growth records, as they helped international customers rapidly transform and modernize their ways of working," said CEO Grant Halloran. "The financial performance management problems we solve are consistent throughout the world, with tens of thousands of companies still requiring our help, so we look forward to scaling even more."
Learn more about Planful at www.planful.com or view an interactive demo.
Planful is the pioneer of financial performance management cloud software. The Planful platform is used by the Office of the CFO around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and visual analytics. Planful empowers users to plan confidently, close faster, and report accurately. More than 1000 customers, including Boston Red Sox, Del Monte, TGI Friday's, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm. Learn more at www.planful.com.
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SOURCE Planful | https://www.mysuncoast.com/prnewswire/2022/09/06/planfuls-international-momentum-surges-company-opens-new-offices-acquires-customers-worldwide/ | 2022-09-06T08:23:31Z |
The Parent Pass App was designed by Fort Worth families, for Fort Worth families and features a multitude of free parenting resources including a local child care finder, learning resources for kids aged zero to eighteen, family events, neighbor giveaways, and more.
FORT WORTH, Texas, Aug. 29, 2022 /PRNewswire/ -- The Best Place for Kids!, the public-private partnership focused on ensuring every Fort Worth child is on a path to learning and life success, today announces the official launch of their Parent Pass app for Fort Worth families. The Parent Pass app is a first-of-its-kind app designed by parents, for parents, to provide them with all of the information and resources they need as a parent in Fort Worth in one location. The Best Place for Kids! is celebrating the launch of the Parent Pass app with a family-friendly celebration on October 8, 2022.
Parent Pass is free to download and use. The app provides the opportunity for parents to connect with other parents in Fort Worth, and gain instant access to educational opportunities and key resources for families and children from birth through high school. Parent Pass includes unique features such as:
- Local child care finder
- Calendar of free neighborhood events and programs
- Free mental health and wellness resources
- At-home child learning activities and resources
- Ability to exchange freebies with other Fort Worth families
- Real-time crime data for every Fort Worth neighborhood
- Direct access to family and child specialists and emergency hotlines
The app was designed together with 100 Fort Worth families weighing in on every feature - ensuring its relevance and usefulness. These 100 families from across nine diverse neighborhoods in Fort Worth came together each month, spending over 1,200 hours developing and designing key features and functionalities of the app.
"By partnering with Fort Worth families to create the Parent Pass app, we were able to incorporate the specific resources, partners, and supports that matter most to them, and put them in one place. This not only makes the Parent Pass convenient for families, but it helps provide access to many free events and parent-recommended resources that every Fort Worth parent should know about and have access to," said Sadie Funk, Director of The Best Place for Kids! "We hope to build an even more uplifting, empowering community of parents and families here in Fort Worth who are all connected and helping each other through the Parent Pass app."
"I am so proud of the many partners and parents from across this city who have come together to contribute their time and talents to create a one-of-a-kind resource for every local family here in Fort Worth," said Mayor Mattie Parker. "As our city grows, so do our opportunities to innovate and change things for the better - the Parent Pass app is a shining example of what our city can do when we all work together to build a more connected community and a brighter future for every child and family."
To celebrate the launch of the Parent Pass app, The Best Place for Kids! is hosting a free launch celebration on October 8, 2022, at Dream Park featuring games, bounce houses, giveaways, food, and many community partners who will have activities for children of all ages. Families can sign up for the free event at https://parentpass.app/parent-pass-family-launch-party/.
Parents and caregivers who reside in Fort Worth can download the Parent Pass app for free on the App Store or Google Play and view a tutorial on how to use the app at parentpass.app.
The Best Place for Kids! is rooted in the belief that education is about developing the whole child. Together with leaders from philanthropy, education, healthcare, business, nonprofits, and our local cities and counties, we are employing a whole-community, whole-child approach to build a more connected and supportive local ecosystem that enables students and families to thrive. Learn more about The Best Place for Kids! at https://bestplace4kids.com.
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SOURCE The Best Place for Kids! | https://www.wibw.com/prnewswire/2022/08/29/best-place-kids-launches-first-of-its-kind-app-connect-fort-worth-parents-with-free-resources-events-education-opportunities/ | 2022-08-29T12:18:08Z |
Diageo India launches Godawan, its artisanal single malt whisky, in international markets
BENGALURU, India , May 31, 2022 /PRNewswire/ -- After the successful launch of Godawan in Jaipur, India, Diageo India is set to introduce Rajasthani tradition and culture to the world with the unveiling of this outstanding single malt across international markets.
Right after introducing the concept of Godawan's purposeful luxury at the 75th Cannes Film Festival 2022, the 'Spirit of the Desert' now makes its way to another iconic desert destination – Dubai.
Godawan is crafted in, its provenance inspired by, and dedicated wholeheartedly to the Rajasthani ethos of 'beauty in scarcity', and sustainability. It pays homage to the spirit of its people who are known for their preservation and conservation skills, and for crafting exceptional things of brilliance from whatever little nature provides.
The heat of over 100°F combined with six-row barley, that requires lesser water, helps create a whisky with an incredible depth of flavour, and a rich and complex character. The aridity means the 'Angel's share' is higher than average in Godawan – leaving behind a whisky with incredible depths of flavour, which is further enhanced by finishing in special casks selectively curated with Indian botanicals.
Godawan positions India as the haven of quality single malts on a global map and sets a new benchmark for sustainable and conscious Indian luxury with this launch in Dubai.
"We, at Diageo India, believe consumers, culture and community lie at the heart of our innovation. Godawan will help the world and our consumers discover an aspect of Indian culture hitherto unknown – rich and meaningful. This Single Malt is representative of what sustainable, mindful, purposeful modern Indian luxury looks like and Dubai is the right stage to take this story to the rest of the world. Godawan is not just rich in its story, but also in its distinct flavours. With this launch, I truly believe that Diageo India has set a new standard for single malts coming out of India," says Hina Nagarajan, CEO, Diageo India.
Godawan is the embodiment of Diageo India's commitment to the conservation of the Great Indian Bustard, its namesake. With only a few Great Indian Bustards left in the world, every bottle the company produces will contribute to the conservation of this exquisite bird. By bringing this unique story of Godawan to the deserts of Dubai, the aim is to set a new standard of accessible and purposeful luxury by offering crafted Indian spirits at an international scale.
About Diageo:
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff and Cîroc vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness.
Diageo is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO) and our products are sold in more than 180 countries around the world. For more information about Diageo, our people, our brands, and our performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practices.
Celebrating life, every day, everywhere.
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SOURCE Diageo India | https://www.wibw.com/prnewswire/2022/05/31/godawan-artisanal-indian-single-malt-spreads-its-wings-dubai/ | 2022-05-31T13:56:12Z |
HONG KONG, Sept. 6, 2022 /PRNewswire/ -- The Institute of ESG & Benchmark (IESGB) held the inaugural awards ceremony of the Environmental, Social, and Governance (ESG) Achievement Awards 2021/2022 in Hong Kong on 30 August. Fosun International was awarded the "ESG Benchmark Awards – The ESG Leader" Silver Award in recognition of its efforts and outstanding performances in the environmental protection, social responsibility, and corporate governance aspects.
With strong support of HSIL as the Major Sponsor, the Awards are in recognition of the enterprises with outstanding ESG performance
The ESG Achievement Awards is organized by the Institute of ESG & Benchmark (IESGB), a non-profit taking organization, with the strong support of Hang Seng Indexes Company Limited (HSIL) as the Major Sponsor. With the theme "Pursuit of the ESG E.R.A-Evolution, Resilience, Action", this year, the ESG Achievement Awards aims at highlighting excellence among high-achieving companies who are blazing a trail for others to follow in the realm of ESG development and to provide innovative ESG solutions for companies and societies at large to take inspirations from when developing their own ESG action plans.
With Hang Seng Indexes Company Limited (HSIL) being the Major Sponsor and Hong Kong Quality Assurance Agency (HKQAA) as the ESG Data Provider cum Supporting Organization, the jury panel was able to evaluate participating organizations comprehensively and fairly.
Mr Joseph Chan Ho-lim, JP, Under Secretary for Financial Services & the Treasury, The Government of Hong Kong SAR, joined the award presentation ceremony as a guest of honor. Mr Joseph Chan Ho-lim, JP, states, "Hong Kong's status as Asia's leading international financial centre, ranked 3rd in the world and 1st in Asia under the Global Financial Centres Index, has well-positioned the city to be the green and sustainable finance hub, raising green and sustainable capital and products in the region. The volume of green and sustainable bonds in Hong Kong last year accounts for one-third of the Asian green and sustainable bond market. And we will continue to work closely with the industry and stakeholders to embrace ESG."
"It is delighted to see more organisations investing in ESG development and continuing to improve their contributions to the sustainable development of the planet. The Awards are recognized to all the winners for their strong determination. We believe that the ESG performance of an organisation is closely related to its profitability. Organisations with good ESG performance are usually more competitive compared with similar organisations in the industry. " said Mr Paul Pong, Co-Founder of IESGB.
Fosun's ESG has been recognized by global professional institutions
Fosun's outstanding performance in ESG has been recognized by global professional institutions. Fosun International's MSCI ESG rating was AA, making it the only conglomerate in Greater China with a MSCI ESG rating of AA, besides, being selected as a constituent of the MSCI CHINA ESG LEADERS 10-40 Index; its Hang Seng Sustainability Rating was A, and it was selected as a constituent of the Hang Seng Corporate Sustainability Benchmark Index (HSSUSB) and Hang Seng ESG 50 Index. Fosun International's FTSE Russell ESG rating has improved for two consecutive years, and it became a constituent of the FTSE4Good Index Series for the first time.
While developing its businesses, Fosun emphasizes the use of ESG criteria to assess its own sustainable development capability and level. As a participant of the United Nations Global Compact (UNGC), Fosun has been actively engaging its member companies in the implementation of ESG strategies. On the environmental front, Fosun has made a commitment to the society to "achieve carbon emission peak by 2028 and carbon neutrality by 2050", and is making steady progress towards these targets.
Moreover, Fosun continued to make unremitting efforts on social welfare. The Group and its member companies carried out public welfare projects such as supporting the combat against the pandemic, assisting in the fight against malaria in Africa, disaster relief, Rural Doctors program, fostering education, culture promotion, and entrepreneurial support to actively promote community development and help people's livelihood and improve social well-being.
Looking globally, since the COVD-19 outbroke in early 2020, Fosun has immediately initiated the global deployment of medical supplies to provide strong support for China and overseas to fight against the pandemic. In addition to the urgent deployment of protective materials to assist countries and regions affected by the pandemic, Fosun also partnered with BioNTech, a German biotechnology company, to jointly develop the mRNA COVID-19 vaccine (COMIRNATY®), providing a strong support for defeating the pandemic. In addition, Fosun has participated in the joint construction of a "malaria-free world" for more than 15 years. Among the first Chinese pharmaceutical brands well recognized in Africa, Artesun® (artesunate for injection), self-developed and manufactured by Fosun Pharma, has been used to treat over 48 million severe malaria patients worldwide by the end of 2021.
This year, Fosun enters into the 30 years of establishment. Fosun has been dedicated itself with the values of "Self-improvement, Teamwork, Performance, and Contribution to Society" raised when Fosun established 30 years ago. It has developed into a global innovation-driven consumer group, strengthening its presence in four business segments, namely Health, Happiness, Wealth and Intelligent Manufacturing and is committed to creating happier lives for families worldwide. Looking ahead, with the concept of "Sharing Happiness", Fosun will join hands with customers, partners, investors and all parties in the society to create a happy ecosystem and share happiness and value of Fosun.
About Fosun
Founded in 1992, Fosun is a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world in Health, Happiness, Wealth, and Intelligent Manufacturing segments. In 2007, Fosun International Limited was listed on the main board of the Hong Kong Stock Exchange (stock code: 00656.HK). As of 30 June 2022, Fosun International's total assets amounted to RMB849.7 billion. Fosun International ranks No.589 on the 2022 Forbes Global 2000 List, with a MSCI ESG rating of AA.
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SOURCE Fosun | https://www.kxii.com/prnewswire/2022/09/06/fosun-international-has-been-awarded-esg-benchmark-awards-esg-leader-award/ | 2022-09-06T05:18:41Z |
BELTON — Services for Daniel Henry Marlow, 34, of Belton will be held at a later date.
Mr. Marlow died Friday, May 6, at his residence.
He was born Sept. 7, 1987, in Greenville, N.C., to Filomeno Gaspar Servin and Janet Marlow. He moved to Belton eight years ago from North Carolina. He was a member of the Church of God in Bethel, N.C.
Survivors include his mother and stepfather, Janet and Luke Tindal; his stepmother, Olga Servin; a brother, Ricky Servin; and a sister, Laura Brittany Servin.
Dossman Funeral Home in Belton is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_7db13ec2-d2ff-11ec-a562-cfdaca67d493.html | 2022-05-14T07:58:54Z |
Company remains focused on strategic imperatives despite persistent inflation and interest rate-driven headwinds
CHARLOTTE, N.C., June 23, 2022 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), the nation's leading online financial services marketplace, today announced revised guidance for the current quarter.
"Our variable marketing model continues to serve us well as difficult economic forces have persisted, and in many instances worsened, so far this year. Despite rapid increases in interest rates, rampant consumer price inflation, and looming recession fears presenting persistent headwinds for some of our operating segments, our diversified business model and strong balance sheet allow us to continue to strengthen our competitive position while navigating shorter-term macro driven challenges," said Doug Lebda, Chairman and CEO. "This year we remain focused on our key strategic initiatives to create even more useful, usable, and desirable experiences for consumers that come to LendingTree for their borrowing and insurance needs. We are happy with the pace of execution on these plans and expect the positive impact from them to begin to manifest in the quarters ahead."
Chief Financial Officer, Trent Ziegler added, "The challenging interest rate environment that progressed through this quarter combined with annual inflation persistently running above 8% has presented additional challenges for many of our mortgage lending and insurance partners. We have seen the most significant impact in our Home segment as mortgage rates have nearly doubled over the last six months, causing a sharp decline in refinance volumes and more recent pressure on purchase activity. Although our Insurance segment continues to rebound from the trough in 4Q 2021, the recovery has been slower than expected as demand from our carrier partners remains volatile as premium increases continue to chase inflation. On a positive note, our Consumer segment continues to perform quite well, as we expect approximately 40% growth in the quarter. Annual guidance provided in our 1Q earnings announcement is under review, and we intend to provide a revised outlook when we announce formal 2Q results next month. Despite near-term headwinds, our balance sheet remains incredibly solid, we expect continued positive cash flow generation, and we continue to operate from a position of strength."
2Q 2022 Preliminary Results
- Revenue is now anticipated in the range of $259 - $264 million vs prior range of $283 - $293 million.
- Variable marketing margin is now anticipated to be $88 - $92 million vs prior range of $100 - $106 million.
- Adjusted EBITDA is now anticipated to be in the range of $26 - $29 million vs prior range of $35 - $40 million.
LendingTree is not able to provide a reconciliation of projected variable marketing margin or adjusted EBITDA to the most directly comparable expected GAAP results due to the unknown effect, timing and potential significance of the effects of legal matters and tax considerations. Expenses associated with legal matters and tax considerations have in the past, and may in the future, significantly affect GAAP results in a particular period.
LendingTree's Principles of Financial Reporting
LendingTree reports variable marketing margin and Earnings Before Interest, Taxes, Depreciation and Amortization, as adjusted for certain items discussed below ("Adjusted EBITDA") as non-GAAP measures supplemental to GAAP.
Variable marketing margin is defined as revenue less variable marketing expense. Variable marketing expense is defined as the expense attributable to variable costs paid for advertising, direct marketing and related expenses, and excluding overhead, fixed costs and personnel-related expenses. The majority of these variable advertising costs are expressly intended to drive traffic to our websites and these variable advertising costs are included in selling and marketing expense on the Company's consolidated statements of operations and consolidated income. Variable marketing margin is a measure of the operating efficiency of the Company's operating model, measuring revenue after subtracting variable marketing and advertising costs that directly influence revenue. The Company's operating model is highly sensitive to the amount and efficiency of variable marketing expenditures, and the Company's proprietary systems are able to make rapidly changing decisions concerning the deployment of variable marketing expenditures (primarily but not exclusively online and mobile advertising placement) based on proprietary and sophisticated analytics. Variable marketing margin is a primary metric by which the Company measures the effectiveness of its marketing efforts.
EBITDA is defined as net income from continuing operations excluding interest, income taxes, amortization of intangibles and depreciation. Adjusted EBITDA is defined as EBITDA excluding (1) non-cash compensation expense, (2) non-cash impairment charges, (3) gain/loss on disposal of assets, (4) gain/loss on investments, (5) restructuring and severance expenses, (6) litigation settlements and contingencies, (7) acquisitions and dispositions income or expense (including with respect to changes in fair value of contingent consideration), and (8) one-time items. Adjusted EBITDA is a primary metric by which LendingTree evaluates the operating performance of its businesses, on which its marketing expenditures and internal budgets are based and by which management and many employees are compensated in most years.
The most directly comparable GAAP measure for both variable marketing margin and adjusted EBITDA is net income from continuing operations.
LendingTree endeavors to compensate for the limitations of these non-GAAP measures by also providing the comparable GAAP measures with equal or greater prominence and descriptions of the reconciling items, including quantifying such items, to derive the non-GAAP measures. However, LendingTree is not able to provide a reconciliation of projected variable marketing margin or adjusted EBITDA to the most directly comparable expected GAAP results due to the unknown effect, timing and potential significance of the effects of legal matters and tax considerations. Expenses associated with legal matters and tax considerations have in the past, and may in the future, significantly affect GAAP results in a particular period. These non-GAAP measures may not be comparable to similarly titled measures used by other companies.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
The matters contained in the discussion above may be considered to be "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations or anticipations of LendingTree and members of our management team. Factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the following: uncertainty regarding the duration and scope of the coronavirus referred to as COVID-19 pandemic; actions governments and businesses take in response to the pandemic, including actions that could affect levels of advertising activity; the impact of the pandemic and actions taken in response to the pandemic on national and regional economies and economic activity; the pace of recovery when the COVID-19 pandemic subsides; adverse conditions in the primary and secondary mortgage markets and in the economy, particularly interest rates; default rates on loans, particularly unsecured loans; demand by investors for unsecured personal loans; the effect of such demand on interest rates for personal loans and consumer demand for personal loans; seasonality of results; potential liabilities to secondary market purchasers; changes in the Company's relationships with network lenders, including dependence on certain key network lenders; breaches of network security or the misappropriation or misuse of personal consumer information; failure to provide competitive service; failure to maintain brand recognition; ability to attract and retain consumers in a cost-effective manner; the effects of potential acquisitions of other businesses, including the ability to integrate them successfully with LendingTree's existing operations; accounting rules related to contingent consideration and excess tax benefits or expenses on stock-based compensation that could materially affect earnings in future periods; ability to develop new products and services and enhance existing ones; competition; allegations of failure to comply with existing or changing laws, rules or regulations, or to obtain and maintain required licenses; failure of network lenders or other affiliated parties to comply with regulatory requirements; failure to maintain the integrity of systems and infrastructure; liabilities as a result of privacy regulations; failure to adequately protect intellectual property rights or allegations of infringement of intellectual property rights; and changes in management. These and additional factors to be considered are set forth under "Risk Factors" in our Annual Report on Form 10-K for the period ended December 31, 2021, in our Quarterly Report on Form 10-Q for the period ended March 31, 2022, and in our other filings with the Securities and Exchange Commission. LendingTree undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results or expectations.
About LendingTree, Inc.
LendingTree (NASDAQ: TREE) is the nation's leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to shop for financial services the same way they would shop for airline tickets or hotel stays, by comparing multiple offers from a nationwide network of over 500 partners in one simple search and choosing the option that best fits their financial needs. Services include mortgage loans, mortgage refinancing, personal loans, credit cards, business loans, auto loans, student loan refinancing, and insurance including auto and homeowners' policies. Through the My LendingTree platform, members receive free credit scores, credit monitoring and recommendations to improve credit health. My LendingTree proactively compares consumers' credit accounts against offers on our network and notifies consumers when there is an opportunity to save money.
LendingTree, Inc. is headquartered in Charlotte, NC. For more information, please visit www.lendingtree.com.
Investor Relations Contact:
investors@lendingtree.com
Media Contact:
press@lendingtree.com
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SOURCE LendingTree, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/23/lendingtree-provides-update-2q-2022-financial-guidance/ | 2022-06-23T22:05:00Z |
NEW YORK, April 7, 2022 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") announced today approval of the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common stock (par value $0.0001 per share) ("Common Stock"), as of the record date, April 19, 2022 (the "Record Date"). Holders of these Rights will be entitled to subscribe for additional shares of Common Stock (the "Offer") at a discount to market price.
After considering a number of factors, including potential benefits and costs, it was determined that it is in the best interests of both the Fund and its stockholders to conduct the Offer and increase the assets of the Fund available to take advantage of investment opportunities, consistent with the Fund's investment objective to seek high total return (income plus capital appreciation).
The Fund's investment adviser, Neuberger Berman Investment Advisers LLC, believes this is an attractive time to raise additional assets for the Fund based on several factors, including the following potential benefits:
- The Offer provides the Fund with new proceeds to capitalize on attractive investment opportunities within non-investment-grade credit, potentially enhancing the long-term returns of the Fund
- The Offer provides common stockholders an opportunity to buy Common Stock below market price or realize value from the sale of Rights
- Anticipated positive impact to total expense ratio by spreading fixed costs over a larger asset base
- Potential for increased trading volume and liquidity of NHS Common Stock
The Fund expects to maintain its current distribution level following the Offer. Additionally, the Fund has declared a regular monthly distribution payable on April 29, 2022, with a record date of April 18, 2022, and a regular monthly distribution payable on May 31, 2022, with a record date of May 4, 2022, neither of which will be payable with respect to Common Stock that is issued pursuant to the Offer as such issuance will occur after these record dates. Common Stock issued pursuant to the Offer will be entitled to receive the monthly distribution expected to be payable in June.
Certain key terms of the Offer include:
- Holders of Common Stock on the Record Date ("Record Date Stockholders") will receive one Right for each outstanding share of Common Stock owned on the Record Date. The Rights entitle the holders to purchase one new share of Common Stock for every 3 Rights held (1-for-3); however, any Record Date Stockholder who owns fewer than three shares of Common Stock as of the Record Date will be entitled to subscribe for one share of Common Stock. Fractional shares of Common Stock will not be issued.
- The subscription price per share of Common Stock (the "Subscription Price") will be determined by the Fund on the expiration date of the Offer, which is currently expected to be May 17, 2022, unless extended by the Fund (the "Expiration Date"). The Subscription Price will be equal to 92.5% of the average of the last reported sales price of a share of Common Stock of the Fund on the NYSE American on the Expiration Date and each of the four (4) immediately preceding trading days (the "Formula Price"). If, however, the Formula Price is less than 87% of the Fund's net asset value ("NAV") per share of Common Stock at the close of trading on the NYSE American on the Expiration Date, the Subscription Price will be 87% of the Fund's NAV per share of Common Stock at the close of trading on the NYSE American on that day.
- Record Date Stockholders who fully exercise all Rights issued to them can subscribe, subject to certain limitations and allotment, for any additional shares of Common Stock that were not subscribed for by other holders of Rights at the Subscription Price. Investors who are not Record Date Stockholders but who otherwise acquire Rights, including in the secondary market, are not entitled to subscribe for any additional shares of Common Stock. If sufficient shares of Common Stock are available, all Record Date Stockholders' over-subscription requests will be honored in full. If these requests exceed available shares of Common Stock, they will be allocated pro rata among those fully exercising Record Date Stockholders who over-subscribe based on the number of Rights originally issued to them by the Fund.
- Rights are transferable and are expected to be admitted for trading on the NYSE American under the symbol "NHS RT" during the course of the Offer. The last day Rights will trade will be one business day before the Offer's Expiration Date (May 16, 2022, unless extended). During the course of the Offer, Record Date Stockholders may choose to sell their Rights.
The Offer will be made only by means of a prospectus supplement and accompanying prospectus. The Fund expects to mail subscription certificates evidencing the Rights and a copy of the prospectus supplement and accompanying prospectus for the Offer to Record Date Stockholders shortly following the Record Date. Brokers, custodians or trust companies may send notices to common stockholders shortly thereafter. To exercise or sell their Rights, common stockholders who hold their Common Stock through a broker, custodian or trust company should contact such entity to forward their instructions to either exercise or sell their Rights on their behalf. Common stockholders who do not hold Common Stock through a broker, custodian, or trust company should forward their instructions to either exercise or sell their Rights by completing the subscription certificate and delivering it to the subscription agent for the Offer, together with their payment, at one of the locations indicated on the subscription certificate or in the prospectus supplement.
The information in this press release is not complete and is subject to change. This document is not an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction where the offer or sale is not permitted. This document is not an offering, which can only be made by a prospectus. Investors should consider the Fund's investment objective, risks, charges and expenses carefully before investing. The Fund's prospectus supplement and accompanying prospectus will contain this and additional information about the Fund and additional information about the Offer, and should be read carefully before investing. For further information regarding the Offer, or to obtain a prospectus supplement and the accompanying prospectus, when available, please contact the Fund's information agent:
Georgeson LLC
1290 Avenue of the Americas, 9th Floor
New York, NY 10104
1-866-647-8872
About Neuberger Berman High Yield Strategies Fund Inc. The Fund's investment objective is to seek high total return (income plus capital appreciation). Under normal market conditions, the Fund invests at least 80% of its total assets in high yield debt (below investment grade) securities of U.S. and foreign issuers, and up to 20% of its total assets in other securities and financial instruments.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman's diverse team has over 2,400 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $460 billion in client assets as of December 31, 2021. For more information, please visit our website at www.nb.com.
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman | https://www.wibw.com/prnewswire/2022/04/07/neuberger-berman-high-yield-strategies-fund-announces-rights-offering-summary-terms/ | 2022-04-08T02:49:24Z |
Vital to virtually every electronic application, electrical connectivity solutions transmit
electrical current from an energy source to devices and equipment that use energy to
perform a task.
FORT WORTH, Texas, May 26, 2022 /PRNewswire/ -- Allied Electronics & Automation, a trading brand of RS Group plc (LSE: RS1), a global omni-channel provider of product and service solutions, offers more than 1,500 ready-to-ship electrical connectivity solutions from industry-leading suppliers including Heyco, LÜTZE and Southwire. Allied also offers facility maintenance solutions from leading suppliers like Makita that support the installation of electrical connectivity solutions. Vital to virtually every electronic application, electrical connectivity solutions transmit electrical current from an energy source, like a wall outlet, to devices and equipment that use that energy to perform a task.
Heyco has almost 100 years of experience designing and manufacturing high-quality, competitively priced connector and cable management solutions engineered to satisfy demanding application requirements in a wide range of industries. Solutions include stamped electrical components, bushings, cable clamps, conduit, cord grips and fittings.
LÜTZE has more than 60 years' experience designing and developing reliable, innovative and efficient electrical and electronic components optimized for industrial automation and railway applications, and was one of the world's first purveyors of highly flexible cables. Solutions include cables, cable management solutions and electronic connectors.
Southwire is a leading global supplier of wire and cable solutions with more than 70 years' experience and produces roughly half of the cable used to transmit and distribute electricity in the United States. Solutions include NFPA 79 cables ideal for use in applications including fans, pumps, conveyors, compressors, elevators, extruders, crushers and presses.
Makita has more than 100 years' experience designing and manufacturing power equipment and tools renowned for delivering best-in-class power, performance and durability on a wide variety of jobsites all over the world.
Allied supplies more than 3.5 million products from more than 650 trusted suppliers — including more than 250,000 ready-to-ship products in categories extending from passive, active, electromechanical and interconnect components to automation and control equipment — and offers a comprehensive suite of services and tools including the industry's largest collection of 360º product images, an extensive range of 3D CAD models, more than 1.1 million up-to-date datasheets, a highly experienced technical support team, kitting, bagging and labeling services and a BOM tool. Allied also publishes its Expert Advice series of articles and podcasts designed to place critical industry knowledge and expertise at its customers' fingertips and help them identify product and technology solutions as unique as their businesses.
For more information about electrical connectivity, please check out "An Introduction to Electrical Connectivity," an Ask the Expert Q&A with Allied Technical Support Manager Jeff Clonts.
Allied Electronics & Automation, part of RS Group
Allied Electronics & Automation is a trading brand of RS Group plc (formerly Electrocomponents plc), a global omni-channel provider of product and service solutions for designers, builders and maintainers of industrial equipment and operations. RS Group plc stocks more than 700,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to over 1.2 million industrial customers. With operations in 32 countries, we trade through multiple channels and ship nearly 60,000 parcels daily.
We support customers across the product life cycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimizing inventory in the maintenance phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.
RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the fiscal year that ended March 31, 2021, reported revenue of £2.0 billion. RS Group plc has nine operating brands: RS Components, Allied Electronics & Automation, RS Pro, OKdo, DesignSpark, IESA, Synovos, Needlers and Liscombe.
For more information about Allied Electronics & Automation, please visit
www.alliedelec.com/ or connect with us via social media on Facebook, Twitter, and LinkedIn.
Image Download:
https://bit.ly/39vVgiY
Editorial Contact & Media Inquiries:
Karen Gavenda
Allied Electronics & Automation, part of RS Group
Karen.Gavenda@alliedelec.com
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SOURCE Allied Electronics & Automation | https://www.wibw.com/prnewswire/2022/05/26/allied-electronics-amp-automation-offers-more-than-1500-ready-to-ship-electrical-connectivity-solutions/ | 2022-05-27T00:02:37Z |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Wells Fargo & Company.
Shareholders who purchased shares of WFC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/wells-fargo-loss-submission-form/?id=30480&from=4
CLASS PERIOD: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 29, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/wells-fargo-loss-submission-form/?id=30480&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of WFC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 29, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/08/03/shareholder-alert-gross-law-firm-notifies-shareholders-wells-fargo-amp-company-class-action-lawsuit-lead-plaintiff-deadline-august-29-2022-nyse-wfc/ | 2022-08-03T11:44:32Z |
PITTSBURGH, Aug. 15, 2022 /PRNewswire/ -- "I'm a truck owner/driver and I thought there could be a way to save time, effort and money when transporting and unloading loads," said an inventor, from Pickerington, Ohio, "so I invented the Automated Semi Trailer and Delivery System. My design would automate the process of shipping, delivering, unloading and storing products."
The invention provides an effective way to automate the process of shipping, warehousing and distributing products. In doing so, it reduces physical effort and manpower and it could save time and money. It also increases organization, efficiency and safety and it could reduce lawsuits and settlement fees, compensation pay and the stress associated with call offs and not having enough help. The invention features an innovative design that is easy to use so it is ideal for the trucking industry and businesses that ship, deliver and store products.
The original design was submitted to the Cincinnati sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CCT-4653, 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/2022/08/15/inventhelp-inventor-develops-automated-process-shipping-amp-storing-products-cct-4653/ | 2022-08-15T18:17:07Z |
OMAHA, Neb., April 11, 2022 /PRNewswire/ -- Union Pacific's famed Big Boy No. 4014 is set to return to the tracks this summer for its "West Coast Steam Tour." Kicking off June 26 from Cheyenne, Wyoming, this year's tour will celebrate Union Pacific's 160th anniversary, railroad heritage and the communities the railroad serves, visiting the Pacific Northwest for the first time since its return to service.
The Big Boy will be on display in four cities:
- July 6, 2022: Sparks, Nevada
- July 8-9, 2022: Roseville, California
- July 15-16, 2022: Portland, Oregon
- July 21-22, 2022: Boise, Idaho
Display days include locomotive viewing, access to the "Experience the Union Pacific Rail Car," a multi-media walk-through exhibition that provides a glimpse at the past while telling the story of modern-day railroading, and live Q&A with the Steam Crew.
Twenty-five Big Boy locomotives were built for Union Pacific to haul heavy freight during World War II and out of the eight still preserved, No. 4014 is the world's only functioning Big Boy. Weighing in at 1.1 million pounds, this is the second tour since the locomotive was restored for 2019's "Great Race" tours, which celebrated the 150th anniversary of the transcontinental railroad's completion, following a retirement that spanned six decades.
"The Big Boy was delivered to Union Pacific in December 1941 and helped carry the nation through World War II," said Scott Moore, senior vice president – Corporate Relations and chief administrative officer. "It now serves as a reminder of our history and how rail is the backbone of America. The tour last year brought out about 1.1 million people from the communities we serve, and we cannot wait to share Big Boy again this summer."
Big Boy No. 4014 will leave the Steam Shop in Cheyenne, Wyoming, June 26, making brief whistle-stops in dozens of communities in California, Idaho, Nevada, Oregon, Utah and Wyoming. Further details will be released in May.
A steam tracking map showing No. 4014's location and route will be available at upsteam.com.
ABOUT UNION PACIFIC
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
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SOURCE Union Pacific Railroad | https://www.mysuncoast.com/prnewswire/2022/04/11/worlds-largest-steam-locomotive-big-boy-no-4014-returns-tracks-celebrate-160-years-union-pacific/ | 2022-04-11T17:15:11Z |
Ukrainians make gains in east, stop Russian gas at one hub
ZAPORIZHZHIA, Ukraine (AP) - Ukraine’s natural gas pipeline operator on Wednesday stopped Russian shipments through a key hub in the east of the country, while its president, Volodymyr Zelenskyy, said Kyiv’s military had made small gains, pushing Russian forces out of four villages near Kharkiv.
The pipeline operator said Russian shipments through its Novopskov hub, in an area controlled by Moscow-backed separatists, would be cut beginning Wednesday. It said the hub handles about a third of Russian gas passing through Ukraine to Western Europe. Russia’s state-owned natural gas giant Gazprom put the figure at about a quarter.
The move marks the first time natural gas supply has been affected by the war that began in February. It may force Russia to shift flows of its gas through territory controlled by Ukraine to reach its clients in Europe. Russia’s state energy giant Gazprom initially said it couldn’t, though preliminary flow data suggested higher rates moving through a second station in Ukrainian-controlled territory.
The operator said it was stopping the flow because of interference from “occupying forces,” including the apparent siphoning of gas. Russia could reroute shipments through Sudzha, a main hub in a northern part of the country controlled by Ukraine, it said. But Gazprom spokesperson Sergei Kupriyanov said that would be “technologically impossible” and questioned the reason given for the stoppage.
Zelenskyy said Tuesday that the military was gradually pushing Russian troops away from Kharkiv, while Foreign Minister Dmytro Kuleba voiced what appeared to be increasing confidence — and expanded goals, suggesting Ukraine could go beyond just forcing Russia back to areas it held before the invasion began 11 weeks ago.
Kuleba told the Financial Times that Ukraine initially believed victory would be the withdrawal of Russian troops to positions they occupied before the Feb. 24 invasion. But the focus shifted to the eastern industrial heartland of the Donbas after Russian forces failed to take Kyiv early in the war.
WARNING: Some videos used may contain graphic content.
“Now if we are strong enough on the military front, and we win the battle for Donbas, which will be crucial for the following dynamics of the war, of course the victory for us in this war will be the liberation of the rest of our territories,” Kuleba said.
Kuleba’s statement seemed to reflect political ambitions more than battlefield realities: Russian forces have made advances in the Donbas and control more of it than they did before the war began. But it highlights how Ukraine has stymied a larger, better-armed Russian military, surprising many who had anticipated a much quicker end to the conflict.
Ukraine said Tuesday that Russian forces fired seven missiles at Odesa a day earlier, hitting a shopping center and a warehouse in the country’s largest port. One person was killed and five wounded, the military said.
Images showed a burning building and debris — including a tennis shoe — in a heap of destruction in the city on the Black Sea.
One general has suggested Moscow’s aims include cutting Ukraine’s maritime access to both the Black and Azov seas. That would also give Russia a corridor linking it to both the Crimean Peninsula, which it seized in 2014, and Transnistria, a pro-Moscow region of Moldova.
Ukraine’s targeting of Russian forces on Snake Island in the Black Sea was helping disrupt Moscow’s attempts to expand its influence, the British military said.
Russia has sought to reinforce its garrison on Snake Island, while “Ukraine has successfully struck Russian air defenses and resupply vessels with Bayraktar drones,” the British Defense Ministry said in an intelligence update on Twitter. It said Russian resupply vessels had minimum protection after the Russian Navy retreated to Crimea after losing the Moskva.
That corresponds to satellite photos analyzed by The Associated Press showing the fighting there.
But the British military warned: “If Russia consolidates its position on (Snake) Island with strategic air defense and coastal defense cruise missiles, they could dominate the northwestern Black Sea.”
Even if Russia fails to sever Ukraine from its coast — and it appears to lack the forces to do so — continuing missile strikes on Odesa reflect its strategic importance. The Russian military has repeatedly targeted its airport, claiming it destroyed several batches of Western weapons.
Odesa is a major gateway for grain shipments, and the Russian blockade threatens global food supplies. It’s also a cultural jewel, dear to Ukrainians and Russians alike. Targeting it carries symbolic significance.
To protect Odesa, Kyiv might need to shift forces to the southwest, drawing them away from the eastern front in the Donbas, where they are fighting near Kharkiv to push the Russians back across the border.
Kharkiv and its surroundings have been under sustained Russian attack since the early in the war. In recent weeks, grisly pictures testified to the horrors of those battles, with charred and mangled bodies strewn in one street.
The bodies of 44 civilians were found in the rubble of a five-story building that collapsed in March in Izyum, about 120 kilometers (75 miles) from Kharkiv, Oleh Synehubov, head of the regional administration, said Tuesday.
Russian aircraft twice launched unguided missiles Tuesday at the Sumy area northeast of Kharkiv, according to the Ukrainian border guard service. The region’s governor said the missiles hit several residential buildings, but no one was killed. Russian mortars hit the Chernihiv region, along the Ukrainian border with Belarus, but there was no word on casualties.
Zelenskyy used his nightly address to pay tribute to Leonid Kravchuk, the first president of an independent Ukraine, who died Tuesday at 88.
Kravchuk showed courage and knew how to get the country to listen to him, he said.
That was particularly important in “crisis moments, when the future of the whole country may depend on the courage of one man,” said Zelenskyy, whose own communication skills and decision to remain in Kyiv when it came under Russian attack helped make him a strong wartime leader.
___
Gambrell reported from Lviv, Ukraine. Yesica Fisch in Bakhmut, David Keyton in Kyiv, Yuras Karmanau in Lviv, Mstyslav Chernov in Kharkiv, Lolita C. Baldor in Washington, Kelvin Chan in London and AP’s worldwide staff contributed.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/11/ukrainians-make-gains-east-stop-russian-gas-one-hub/ | 2022-05-11T09:22:24Z |
Employee strength reaches over 21,500
SANTA CLARA, Calif. and Pune, India, July 21, 2022 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) today announced the Company's audited financial results for the quarter ended June 30, 2022, as approved by the Board of Directors.
Consolidated Financial Highlights for the Quarter ended June 30, 2022
The 32nd Annual General Meeting of the Company was held on July 19, 2022. All the resolutions including final dividend payment of INR 11 per share, were passed with requisite majority.
Anand Deshpande, Founder, Chairman and Managing Director, Persistent:
"We would like to thank Pradeep Bhargava, Guy Eiferman and Thomas Kendra for their guidance and encouragement during their tenure as Board members. We are pleased to welcome Arvind Goel, Dr. Ambuj Goyal and Dan'l Lewin as Directors to the Board of Persistent Systems Ltd. Their vast expertise and experience add significant value as we embark on the next phase of our growth journey."
Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent:
"We are delighted to start the new fiscal year with an exceptional performance — delivering 11.1% sequential and 44.8% year-over-year growth as well as our highest ever TCV booking of $394M. We strengthened our team by adding over 3,000 colleagues, pushing us beyond the 20,000-employee mark.
Our differentiated Digital Engineering expertise, trusted delivery model, robust client relationships and strong partner ecosystem continue to fuel our growth. In addition, we are confidently working with our clients to help them navigate and thrive in the evolving economic environment.
We received multiple accolades this quarter, including recognition as an 'Honored Company' in Institutional Investor's 2022 Asia Executive Team rankings — an acknowledgement by sell-side analysts for our robust corporate governance practices and strong executive leadership."
First Quarter FY23 Client Wins and Outcomes
The order booking for the quarter ended on June 30, 2022, was at $394 million in Total Contract Value (TCV) and at $263 million in Annual Contract Value (ACV).
Some of the key wins for the quarter include:
Software, Hi-Tech & Emerging Industries
- Accelerating data, application and mainframe product modernization for a connected enterprise software and technology company
- Improving user experience, scaling automation, and strengthening nearshore presence as a unified service partner for world's leading technology and cloud services provider
- Building and managing R&D capabilities to improve the extended product portfolio of an IT and security operations solutions company
Banking, Financial Services & Insurance
- Creating robust tech platform to scale operational efficiency and enable omnichannel experience for a premier wealth management firm
- Implementing data center modernization and infrastructure transformation to enhance customer experience and business outcomes for one of the largest third-party claim administrators
- Providing product engineering and domain expertise through an offshore development center to modernize platforms for a leading finance mortgage broker
Healthcare & Life Sciences
- Offering comprehensive software services to support the digital transformation of leading managed healthcare and insurance provider
- Leveraging deep technology and industry expertise to modernize key platforms and improve scalability for a health-tech organization
- Implementing functional data marts on a data lake using Snowflake on AWS platform to reduce the total cost of operations for a multinational medical equipment's manufacturing company
Awards and Recognitions
- Persistent Among Top Companies in Institutional Investor's 2022 Asia Executive Team Awards
- Persistent enters Brand Finance Top 10 India IT Brands for first time and is 3rd fastest growing Indian brand overall
- Persistent Systems recognized as a Top 15 Sourcing Standout for Managed Services in the Q1 2022 ISG Global Index™ "Booming 15" category for the 9th consecutive quarter
- Persistent awarded by Inventicon Business Intelligence Pvt. Ltd. in the Sustainability and Emergency Preparedness & Business Continuity categories
- iNFHRA honors Persistent with awards in two categories - Corporate Vaccination and Hygiene at Workplace
News in the Quarter
- Persistent Systems Delivers Digital-first Banking Infrastructure for New Challenger GB Bank
- Persistent & Corestack Announce Global Partnership to Accelerate Digital Transformation in Multi-Cloud Environments
- The Enterprisers Project: 6 things you can do with agile right now, featuring Vikas Gupta
- Digital Surgery - The future has already arrived, featuring Mukul Tripathi and Parimal Muli
- CIO.com: 10 key roles for AI success, featuring Dattaraj Rao
- IDG Connect: CIO Spotlight - R. Venkateswaran, Persistent Systems
About Persistent
With over 21,500 employees located in 18 countries, Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization. Persistent was named to the Forbes Asia Best Under a Billion 2021 list, representing consistent top-and bottom-line performance as well as growth.
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/FLCS
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SOURCE Persistent Systems | https://www.mysuncoast.com/prnewswire/2022/07/21/persistent-revenue-grows-111-q-o-q-448-y-o-y-q1-fy23/ | 2022-07-21T21:49:59Z |
CALGARY, AB, May 4, 2022 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote by ballot during the regular business proceedings at the meeting, shareholders approved the election of all 12 nominated directors proposed by management as listed in the Management Information Circular dated March 2, 2022.
Enbridge is pleased to welcome Jason B. Few and Steven W. Williams to the Board. Mr. Few has more than 30 years of experience as a business leader, entrepreneur and technology leader focusing on energy and energy transition. He is currently President & CEO of FuelCell Energy, Inc. Mr. Williams has more than 40 years of international energy industry experience, including as President & CEO of Suncor Energy Inc. from 2012 to 2019 and various roles during 18 years at Imperial Oil/Exxon.
"On behalf of the Board of Directors of Enbridge, we are very pleased to welcome Jason and Steve to the Enbridge Board. They each have extensive business experience and will be excellent additions to our Board. We would also like to thank Herb for his valuable service and many contributions to Enbridge over the years and we wish him well during his retirement," stated Greg Ebel, the Chair of the Board of Directors of Enbridge.
The detailed results of the vote for the election of directors are set out below.
Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 30 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 3.9 million retail customers in Ontario and Quebec; and Renewable Power Generation, which owns approximately 1,766 MW (net) in renewable power generation capacity in North America and Europe. The Company's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc. | https://www.kxii.com/prnewswire/2022/05/05/enbridge-inc-announces-election-directors/ | 2022-05-05T02:03:31Z |
GAITHERSBURG, Md. and SUZHOU, China, May 30, 2022 /PRNewswire/ -- Sirnaomics Ltd. (the "Company" or "Sirnaomics", stock code: 2257.HK), a leading biopharmaceutical company in discovery and development of RNAi therapeutics, announced today the launch of a Phase I clinical trial of the Company's siRNA (small interfering RNA) drug candidate, STP705, in adults undergoing abdominoplasty for submental fat reduction. This study is the first application for Sirnaomics to apply an RNAi therapeutic candidate for medical cosmetology treatment.
The global non-invasive fat reduction market size was valued at USD1.1 billion in 2021 and is anticipated to register a compound annual growth rate (CAGR) of 16.1% from 2022 to 2030, up to approximately USD4.0 billion (Grand View Research). Non-invasive fat reduction is a procedure that is done to decrease or eliminate stubborn fat pockets in specific areas of the body by using methods like cryolipolysis, radio frequency, and laser lipolysis. Non-invasive devices that are used in these procedures to permanently abolish fat cells are approved by the U.S. Food and Drug Administration (FDA) as their efficiency and safety have been tested and the results have been proven to show significant results. However, the market is currently dominated by devices that have mild therapeutic effects and require multiple treatment sessions. Sirnaomics will initially focus on the use of STP705 for submental fat reduction.
The dose-ranging, randomized, double-blind, vehicle-controlled study will enroll 10 patients to evaluate the safety and tolerability of STP705, which will be delivered via subcutaneous injection. The primary endpoints are to assess injection comfort, characterize local and systemic safety, and evaluate histological changes of subcutaneous doses of STP705, and to compare the safety and tolerability of three different concentrations of STP705 to select dosages for future studies.
"Submental fullness is a common condition that is resistant to diet and exercise and is influenced by multiple factors including aging and genetics," said Sirnaomics Executive Director and Chief Medical Officer Michael Molyneaux M.D. "Our goal in expanding our applications of STP705 with this study is to examine the safety and efficacy of this treatment in patients who are undergoing abdominoplasty. We hope to use the information from this study to expand into the treatment of submental fat reduction and other areas of non-invasive fat sculpting. This Phase I study will serve as a blueprint for future studies of STP705 in the medical aesthetics category."
"The current devices and procedures for non-invasive fat reduction have mild therapeutic effects, and require multiple and sometimes challenging treatment sessions, which are costly for patients and don't always achieve the desired results," said Dr. Patrick Lu, Founder, Chairman of the Board, Executive Director, President and CEO of Sirnaomics. "Based on a discovery from our previous clinical study and a series of preclinical evaluations with animal models, we decided to expand STP705 therapeutic application into medical aesthetics with this Phase I study."
About STP705
Sirnaomics' leading product candidate, STP705, is a siRNA (small interfering RNA) therapeutic that takes advantage of a dual-targeted inhibitory property and polypeptide nanoparticle (PNP)-enhanced delivery to directly knock down both TGF-β1 and COX2 gene expression. The product candidate has received multiple IND approvals from both the U.S. Food and Drug Administration (FDA) and the Chinese National Medical Products Administration (NMPA), including treatments of cholangiocarcinoma, non-melanoma skin cancer and hypertrophic scar. STP705 has also received Orphan Drug Designation for treatment of cholangiocarcinoma (CCA) and primary sclerosing cholangitis (PSC). STP705 is currently in five clinical trials for different indications: a Phase IIa for squamous cell carcinoma in situ (isSCC), a Phase II for basal cell carcinoma (BCC), a Phase I/II for keloid scarring, a Phase I/II for hypertrophic scar (HTS), and a Phase I for liver cancer (basket).
About Sirnaomics
Sirnaomics is an RNA therapeutics biopharmaceutical company with product candidates in preclinical and clinical stages that focuses on the discovery and development of innovative drugs for indications with medical needs and large market opportunities. Sirnaomics is the first clinical-stage RNA therapeutics company to have a strong presence in both China and the United States, and also the first company to achieve positive Phase IIa clinical outcomes in oncology for an RNAi therapeutics for its core product, STP705. Learn more at www.sirnaomics.com.
CONTACT:
Michael Molyneaux, MD, MBA
Executive Director and Chief Medical Officer, Sirnaomics
Email: MichaelMolyneaux@sirnaomics.com
Investor Relations:
Chief Financial Office, China, Sirnaomics
Email: NigelYip@sirnaomics.com
US Media Contact:
Alexis Feinberg
Tel: +1 203 939 2225
Email: Alexis.Feinberg@westwicke.com
Asia Media Contact:
Bunny Lee
Tel: +852 3150 6707
Email: sirnaomics.hk@pordahavas.com
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SOURCE Sirnaomics Ltd. | https://www.mysuncoast.com/prnewswire/2022/05/30/sirnaomics-launches-phase-i-clinical-trial-rnai-therapeutic-stp705-adults-undergoing-abdominoplasty-medical-cosmetology-treatment/ | 2022-05-30T10:08:51Z |
MILWAUKEE, Wis. , June 9, 2022 /PRNewswire/ -- Circa has signed an agreement with partner ThisWay® Global to leverage IBM's App Connect Enterprise in order to help medium to enterprise sized companies with their diversity recruiting and compliance requirements.
ThisWay Global recently announced its embedded approach for the IBM relationship, which ensued by way of participating in a Google Startup Accelerator Program in September 2021. ThisWay was one of 12 North American startups selected, and Circa is one of a few companies selected by ThisWay to be included in the IBM opportunity.
Circa is a reseller of ThisWay's Diversity Sourcing & Matching engine, an intuitive and automated recruitment tool that helps to authentically remove bias and quickly match employers to 169 million candidates from diverse community databases. This new relationship with IBM's App Connect Enterprise software enables Circa to easily integrate with and offer diversity recruiting, sourcing and compliance solutions to companies within a single platform.
"We wouldn't have been able to participate in this cutting-edge, modern technology had it not been for our partnership with ThisWay Global," said Patrick Sheahan, Circa CEO. "Circa has had great success bundling the diversity sourcing product with its recruiting and compliance solutions, giving HR and recruiting professionals one platform to work within. Now with the opportunity to be part of IBM's EcoSystem, companies will have seamless, secure access to Circa's products within their current workflows. Never before has this been possible."
Using ThisWay's Recruitment Process AutomationTM technology (RPA), a recruiter or hiring manager can simplify and improve the traditional hiring process by removing pain points associated with talent sourcing and matching through the use of Automated Intelligence. It also combines specific machine learning and data security with the powerful ability to match applicants to opportunities based on more than 1,000 data points. ThisWay is also developing a new product feature, referred to as the Universal Integration Platform (UIP), which will allow HR professionals to save hundreds of hours with procurement, vendors, and eventually the software itself through system integrations and workflow automations. These solutions increase customer compliance, efficiency, and the accurate matching of qualified talent, while simultaneously increasing diversity and inclusion. Circa's diversity recruiting solutions are proven to deliver 2.5 times more candidates than the industry job board average, and the diversity sourcing product, powered by ThisWay Global, delivers 300 passive candidates per job in a matter of seconds.
Circa provides SaaS-based OFCCP compliance management and recruiting technology solutions to deliver qualified candidates on a level, equitable playing field that meet organizations' needs to build high-performing, diverse teams. Circa helps reach even more underrepresented groups with the country's largest network of community-based organizations and niche job board sites, including DiversityJobs.
Circa's Diversity Sourcing Powered by ThisWay Global is a powerful matching platform where companies can connect with diverse candidates from 8,500+ online diverse communities. Every candidate is matched against every open position with a focus on their skills and experience so that employers can find the best individual instantly and without bias. The powerful Sourcing & Matching technology instantly delivers 300 passive candidates matched to a specific job description, thereby saving recruiters hours of time searching other online databases, such as LinkedIn.
IBM's App Connect Enterprise delivers an automated approach to integration designed to reduce development complexity and speed time to value, empowering businesses to connect applications and data no matter where they reside, be it on-cloud or on-premises with security.
"In 2015, we identified that the single greatest challenge in the HR tech industry was integrations, or more the lack of them." Angela Hood, CEO and founder of ThisWay Global said. "The number one question we're constantly asked is: 'Do you integrate?' It is mission critical for HR professionals to utilize system integrations, and we're hyper focused now more than ever on making this happen for our customers. Circa leads with diversity and its products are best in class, and we're thrilled to have them aboard."
About Circa
Circa is a catalyst for 21st century companies to build high-performing diverse teams based on research that shows companies want to shift from diversity as a program to diversity as a business strategy. The companies' robust portfolio of software solutions and unparalleled industry expertise give employers the tools and knowledge they need to radically change how they approach talent acquisition and management. The company was founded in 1994, has 5,000+ customers, 15,500 community partner relationships and in 2019 posted 5M+ jobs through its network of 600+ online employment websites. Circaworks.com
About ThisWay Global:
Founded by Angela Hood in University of Cambridge's ideaSpace, ThisWay Global is a WBENC certified, VC-backed, Google accelerated HR tech industry leader that matches all people to all jobs instantly and without bias. Using proprietary technology, ThisWay's network has performed over 15.5 trillion matching events, providing companies and governments with technology to reduce bias and increase diversity across all industries. ThisWay Global is headquartered in the booming tech hub of Austin, Texas, with offices in Silicon Valley and Boston. To learn more or to schedule a demo, visit thiswayglobal.com.
Media Contact
Katie Coleman
Product Marketing Manager
Katie.Coleman@CircaWorks.com
202-370-9228
Circaworks.com
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SOURCE Circa | https://www.wibw.com/prnewswire/2022/06/09/circas-partnership-with-thisway-global-provides-access-universal-integration-platform-uip-ibms-app-connect-enterprise/ | 2022-06-09T15:13:09Z |
DALLAS, Aug. 4, 2022 /PRNewswire/ -- NexPoint Diversified Real Estate Trust ("NXDT" or the "Company") (NYSE: NXDT) announced today Dr. Carol Swain and Catherine Wood were appointed to the Board of Trustees effective August 2, 2022.
Dr. Carol Swain, an award-winning political scientist and former tenured professor at Princeton and Vanderbilt Universities, is a Distinguished Senior Fellow for Constitutional Studies with the Texas Public Policy Foundation and an educational advisor for American Cornerstone Institute. She has served on the Tennessee Advisory Committee to the U.S. Civil Rights Commission, the National Endowment for the Humanities, and the 1776 Commission. Additionally, Dr. Swain is the author or editor of 11 books. Dr. Swain is an entrepreneur, and her businesses include Carol Swain Enterprises, L.L.C. and Unity Training Solutions, L.L.C., which offers an alternative to Diversity, Equity, and Inclusion (DEI) training. She holds five degrees including a Ph.D. from the University of North Carolina at Chapel Hill and an M.S.L. from Yale.
Ms. Wood is Chief Executive Officer and Chief Investment Officer of ARK Investment Management LLC ("ARK"), a registered investment adviser, which she founded in January 2014. Prior to ARK, Cathie spent 12 years at AllianceBernstein as Chief Investment Officer of Global Thematic Strategies. Ms. Wood joined Alliance from Tupelo Capital Management, a hedge fund she co-founded. Prior to her tenure at Tupelo Capital, she worked for 18 years at Jennison Associates LLC as Chief Economic Officer and several other positions. She started her career in Los Angeles at The Capital Group as an Assistant Economist. Ms. Wood received her Bachelor of Science, summa cum laude, in Finance and Economics from the University of Southern California.
Matthew McGraner, Chief Investment Officer, NexPoint Real Estate Advisors, said, "We are delighted that Dr. Swain and Ms. Wood have joined the Company to serve as independent trustees. Dr. Swain and Ms. Wood are accomplished and highly respected business leaders with proven track records of success. We are fortunate to have the opportunity to leverage their leadership and intellectual capital as NXDT continues to execute against its strategic business objectives."
About NexPoint Diversified Real Estate Trust
NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust (REIT) focused on the acquisition, development, and management of opportunistic and value-add investments throughout the United States across multiple sectors where NexPoint and its affiliates have operational expertise. NXDT is externally advised by NexPoint Real Estate Advisors X, L.P. For more information, please visit nxdt.nexpoint.com.
CONTACTS
Jackie Graham
Director, Investor Relations
JGraham@nexpoint.com
Lucy Bannon
Chief Communications Officer
lbannon@nexpoint.com
Mike Geller
Prosek Partners for NexPoint
mgeller@prosek.com
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SOURCE NexPoint Diversified Real Estate Trust | https://www.mysuncoast.com/prnewswire/2022/08/04/nexpoint-diversified-real-estate-trust-announces-appointment-independent-trustees/ | 2022-08-04T13:37:01Z |
For the first time, more than 14 million RBC clients will have the ability to securely connect to Plaid's 6,000+ apps and services
TORONTO, June 14, 2022 /PRNewswire/ - During a time when Canadians' appetite for digital services continues to increase, RBC and Plaid are pleased to announce a new data access agreement that will empower RBC clients with the option to share their financial data securely via a direct application programming interface (API) with the thousands of apps and services of their choice on the Plaid data network. This new API connection delivers a seamless user experience and eliminates the reliance on credential sharing, resulting in increased security and better protection of clients' privacy.
"This data access agreement is a great example of the industry coming together to build new standards that create safer and more comprehensive financial solutions for Canadians," said Peter Tilton, Chief Digital Officer, Personal & Commercial Banking, RBC. "While our clients want their primary banking relationship with RBC, they also want to be empowered with the ability to access, use and share their financial data with applications outside of the bank. As we deliver this added client value, it is more important than ever that we do so in a safe and secure manner. This agreement with Plaid does just that."
In fact, RBC's partnership with Plaid, an API-first company, will significantly eliminate the reliance on credentials when sharing financial information in Canada. This additional layer of protection is timely, as privacy is a high priority right now with the rise of fraud attempts during the pandemic. According to RBC's 2022 Fraud Prevention Month Poll, 48% of respondents say fraudsters have increasingly targeted them since the start of the pandemic, compared to 22% in 2021.
"Millions of Canadian consumers will benefit from the ability to manage their everyday finances seamlessly, securely, and with confidence," said Ginger Baker, Head of Financial Access at Plaid. "We are excited that Plaid's agreement with RBC can serve as a template for future similar agreements in Canada. Plaid is committed to expanding the positive impact of digital financial services to consumers, so we are also thrilled to announce Plaid's first office in Canada, located in the growing fintech community of Toronto, to further these efforts."
Plaid's data connectivity solutions help customers easily and securely connect to the company's network of more than 6,000 fintech applications, including nine of the top 10 most downloaded fintech apps from Android and the App Store. With these tools powered by Plaid, consumers can access various financial wellness applications.
"Not only do RBC clients gain secure access to the broad suite of apps and services on the Plaid data network, but they will also have more control over the data that is shared," added Tilton. "With this secure and reliable integration, consumers will only need to share what's essential to gain the benefits from the particular app they're using."
This new industry partnership is a demonstration of both companies' long-standing commitment to add value, enhance security and create peace of mind for clients as they manage their finances digitally.
RBC clients also benefit from a wide range of RBC's digital security tools like PIN on Mobile, ID Verification, 2-Step Verification, Card Lock, two-way fraud alerts and fraud monitoring, in addition to the RBC Digital Banking Security Guarantee.
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 89,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
Plaid is a data network that powers the tools millions of people rely on to live a healthier financial life. Plaid works with thousands of companies like Venmo, SoFi, and Betterment, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to more than 6,000 apps and services they want to use. Plaid's network covers more than 12,000 financial institutions across the US, Canada, UK and Europe. Headquartered in San Francisco, the company was founded in 2013 by Zach Perret and William Hockey.
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SOURCE RBC Royal Bank | https://www.wibw.com/prnewswire/2022/06/14/rbc-plaid-announce-agreement-bolster-client-security-increase-connection-financial-services-apps/ | 2022-06-14T13:22:19Z |
NEW YORK, April 3, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of TaskUs, Inc. ("TaskUs" or the "Company") (NASDAQ: TASK). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether TaskUs and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On January 20, 2022, Spruce Point Capital Management ("Spruce Point") published a report on TaskUs. Citing "a forensic financial and accounting review," the Spruce Point report described TaskUs as having "a pattern of exaggerated and inflated business claims, including revenue, and . . . covering-up financial strain with reduced disclosures, cherry-picked market data, and non-standard key performance metrics."
On this news, TaskUs's stock fell $5.46 per share, or nearly 15.34%, to close at $30.13 per share on January 20, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/04/04/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-taskus-inc-task/ | 2022-04-04T09:29:23Z |
BERLIN, Aug. 2, 2022 /PRNewswire/ -- 94% of the owners of financial assets are very worried that if something happens to them, their families won't be able to identify and access their assets. This was revealed by a recent survey conducted by the digital inheritance service DGLegacyⓇ among 10 000 of its clients who own digital and financial assets.
That risk is very real. In the state of New York alone, there is $17.5B in lost money, held in more than 46 million abandoned financial accounts – twice as many as the current residents of New York state!
In the USA overall, unclaimed assets have reached the unprecedented level of $100B. That's more than the market capitalization of Ford Motor Company and General Motors combined! The figure is increasing at the alarming rate of approximately $5B per year.
The numbers are staggering, and they span different types of financial assets, such as bank accounts, insurance policy payouts, estate proceeds, company stocks and mutual funds.
Estate planning can't protect against this as it doesn't solve the primary problem that leads to the lost money: the family members can't identify, locate or access the assets.
As one of the respondents to DGLegacy's survey put it, "It's of little value for me that my estate planning has a catch-all clause if my family doesn't have an idea what 'all' is."
In this situation, it's not surprising that estate planning proceeds are one of the primary types of abandoned assets that don't reach the family members.
In response to this global pandemic of abandoned digital and financial assets, digital inheritance services are emerging to cope with it.
They offer automatic detection of a fatal event happening to the asset owner and proactive sharing of the information about the assets with the designated beneficiaries. The people with whom the asset owner has shared the information are then aware of the assets and can identify and locate them.
This way, your money goes to your loved ones, instead of staying in financial institutions, online platforms and insurance companies.
As Ana Mineva, CEO at DGLegacy, commented, "Seeing this global pandemic of abandoned financial accounts and lost money, it's not surprising that we're seeing a massive increase in interest in using digital inheritance services to protect people's financial assets."
To find out more about how DGLegacyⓇ can help you protect your digital and financial assets, please visit www.dglegacy.com.
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SOURCE DGLegacy | https://www.kxii.com/prnewswire/2022/08/02/your-lost-money-new-york-alone-there-are-twice-many-abandoned-financial-accounts-residents/ | 2022-08-02T11:56:46Z |
Biden administration expands availability of COVID antiviral pill
WASHINGTON (AP) - President Joe Biden’s administration is taking steps to expand availability of the life-saving COVID-19 antiviral treatment Paxlovid, as it seeks to reassure doctors that there is ample supply for people at high risk of severe illness or death from the virus.
Paxlovid, produced by Pfizer, was first approved in December. Supply of the regimen was initially very limited, but as COVID-19 cases across the country have fallen and manufacturing has increased it is now far more abundant. The White House is now moving to raise awareness of the pill and taking steps to make it easier to access.
The White House said Tuesday it is stepping up outreach to doctors, letting them know that they shouldn’t think twice about prescribing the pill to eligible patients. It is also announcing that the drug will now be distributed directly to pharmacies, in addition to existing distribution channels run by states. That is expected to boost the number of sites from 20,000 to more than 30,000 next week and eventually to 40,000 locations.
The administration believes the pharmacy channel, which it used to boost availability of COVID-19 vaccines more than a year ago, will similarly make the antiviral pills more available to people.
Paxlovid, when administered within five days of symptoms appearing, has been proven to bring about a 90% reduction in hospitalizations and deaths among patients most likely to get severe disease. About 350 Americans are now dying each day from the coronavirus, down from more than 2,600 during the height of the omicron wave earlier this year.
The U.S. has ordered enough supply of the pills for 20 million people, which is estimated to last for several more months. The administration has warned that subsequent deliveries are dependent on Congress approving additional COVID-19 response funding.
The Food and Drug Administration authorized Pfizer’s drug for adults and children age 12 or older with a positive COVID-19 test and early symptoms who face the highest risk of severe outcomes. That includes older people and those with conditions like obesity and heart disease, though the drug is not recommended for patients with severe kidney or liver problems.
The administration is also working to expand the number of test-to-treat sites that provide a one-stop shop for those with COVID-19 to get tested for the virus, consult with a medical professional if they’re positive and fill a prescription for Paxlovid on site. Currently there are 2,200 locations nationwide, and the administration hopes support from the Department of Health and Human Services, the Federal Emergency Management Agency and pharmacy companies will enable more sites to come online in the coming weeks.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/26/biden-administration-expands-availability-covid-antiviral-pill/ | 2022-04-26T11:02:39Z |
DALLAS (KDAF) — There’s a lot to love about San Antonio, the gift to basketball that is the Spurs, the Alamo, incredible food, and much more. Now, a certain resident down south is feeling the Texas love in their pockets.
A San Antonio resident has recently claimed a $3 million prize off of the Texas Lottery scratch ticket game, 500X Loteria Spectacular.
That winning ticket was bought at Mity Kwik #2 on N.W. Military Highway in San Antonio. The winner has elected to remain anonymous.
The lottery says, “This was the second of four top prizes worth $3 million to be claimed in this game. 500X Loteria Spectacular offers more than $400.9 million in total prizes. Overall odds of winning any prize in the game are one in 3.20, including break-even prizes.” | https://cw33.com/news/texas/south-texas-resident-claims-3-million-prize-off-of-texas-lottery-scratch-ticket/ | 2022-06-02T20:25:17Z |
AARHUS, Denmark, July 8, 2022 /PRNewswire/ -- Create an accessible and engaging learning culture to attract, retain and develop talent. LMS365 Freemium offers a learning solution that fits your current Microsoft environment with the option to scale seamlessly and securely alongside your business.
In a growing business, you have to prioritize both the professional and personal journeys your people are on. It can be challenging to build and nurture a learning culture to support those journeys — from finding time and resources to creating content and courses. That's why we've launched LMS365 Freemium, our free integrated learning platform packed with the full benefits to onboard, train, and develop your team — and scale your organization.
We know that the modern workplace is constantly in flux. Hybrid work has broadened the scope of employees' locations, time zones, and unique experiences. So, when it comes to keeping them connected — not just to the business but to each other — we believe that having a future-ready learning platform at your fingertips keeps learning flowing freely and business moving forward.
As the only learning management platform built into Microsoft 365 and Teams, you get a solution that fully integrates with your preferred collaborative platforms from day one. Simply create the learning environment that fits your digital workspace based on your organization's needs — to keep real-time pace with real-time growth.
Worse than a lack of practical resources is a lack of mental resources. Small and medium-sized businesses often have people fatigued by multi-tasking, adapting, and reacting. We want to change that narrative.
Because LMS365 Freemium is built into Microsoft 365 and Teams, employees are empowered to learn whenever they want, wherever they are. In their own flow of work. This means you can embrace a continuous learning model that supports resilience, eliminates bottlenecks, and breaks down knowledge barriers while encouraging engagement and upskilling.
This idea — democratized learning — gives people the ability to learn at their own pace and the confidence to share what they know. It's grassroots learning for grassroots growth.
For over-booked, over-worked managers, implementing training and learning can be a burden. With LMS365 Freemium, there's an initial time investment in authoring courses and programs. But from there, learning becomes collaborative, engaging, and automated. How?
You can find subject matter experts (SMEs) in your team to create and curate content all within the familiar Microsoft environment. That relieves the workload from any one person and supports a broader, more inclusive perspective on learning.
Plus, LMS365 Freemium has the full benefits of our solution, so you get actionable insights to help ensure your employees grow, succeed, and even stay compliant. By analysing learners' data, you can consistently improve the learner experience.
As your business grows and your team continues to evolve, your learning and development goals will probably change. With LMS365 Freemium, we set out to make the full benefits of our platform truly accessible — free forever but ready to scale with your needs.
You can unleash your employees' unique expertise, experience, and perspectives — all with a platform that inspires curiosity, creativity, and collaboration. Each and every day.
For more information go to: https://lms365.com/lms365-freemium/
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SOURCE LMS365 | https://www.wibw.com/prnewswire/2022/07/08/lms365-freemium-learning-accessible-anyone/ | 2022-07-08T08:37:26Z |
Field of Honor is set up for this weekend
IDAHO FALLS, Idaho (KIFI) - The Idaho Falls Exchange Club prepared the "Field of Honor" Friday by placing American flags next to the Vietnam Memorial in Freeman Park. Several volunteers spent the morning hours placing the flags one by one. There was a total of 1,000 flags placed out in the lawn.
The flags are all in preparation for this weekend's festivities. Multiple events will occur on each day of the Memorial weekend. Bands will perform and there will be an information booth giving out knowledge about the importance of our military history, veterans, and the American flags every day.
All these events will lead up to the main Memorial Day celebration on Monday. On this day, bands will perform music and the national anthem, and officials will give out many tributes to our fallen heroes.
Weather could be a concern though this weekend. Rain showers and windy conditions are predicted for most of the weekend. Officials are not worried about canceling plans if this happens. If it does, they say they can use a canopy nearby to continue the events.
The "Field of Honor" all starts Saturday morning at 9:45 a.m. with the posting of colors and the National Anthem. | https://localnews8.com/news/idaho-falls/2022/05/27/field-of-honor-is-set-up-for-this-weekend/ | 2022-05-27T22:57:29Z |
Catnip isn't just intensely pleasurable for cats. It's also practical.
When your feline friend rubs, rolls against, chews and licks catnip leaves, it's not just playful high jinks sparked by the plant's intoxicating qualities. The behavior leads to the release of certain compounds that might protect cats from pesky mosquitoes, according to new research out of Japan.
Compounds called iridoids in the leaves of catnip (Nepeta cataria) and the plant silver vine (Actinidia polygama) act as an insect repellent as they are released when the cats rub their bodies against the leaves, the same team found in a study published last year.
Catnip, sometimes called catmint, and silver vine are both flowering plants with aromatic leaves that grow in many places around the world. Dried catnip and silver vine leaves are also used in cat toys.
The group's latest research has shown that the way cats lick and chew the leaves causes 10 times the amount of these compounds to be released, with damaged leaves thus making the insect repellent properties more effective.
With the help of 16 cats, the researchers compared feline responses to intact silver vine leaves and leaves the team crumpled and tore by hand. The cats showed a more prolonged interest in interacting with the damaged leaves than with the intact leaves.
Then, to test whether the felines were reacting to the iridoids specifically, the cats were given dishes with pure nepetalactone and nepetalactol -- key active compounds in catnip and silver vine, respectively.
"Cats show the same response to iridoid cocktails and natural plants except for chewing," said Masao Miyazaki, a professor in the department of biological chemistry and food sciences at Iwate University in Japan, said in a news release. "They lick the chemicals on the plastic dish and rub against and roll over on the dish."
It's the smell of the plant that triggers the behavior, according to the research.
"When iridoid cocktails were applied on the bottom of dishes that were then covered by a punctured plastic cover, cats still exhibited licking and chewing even though they couldn't contact the chemicals directly," Miyazaki said. "This means that licking and chewing is an instinctive behavior elicited by olfactory stimulation of iridoids."
In the case of silver vine, damaging the leaves triggered the release of other iridoids.
"Nepetalactol accounts for over 90% of total iridoids in intact leaves, but this drops to about 45% in damaged leaves as other iridoids greatly increase," he said. "The altered iridoid mixture corresponding to damaged leaves promoted a much more prolonged response in cats."
The work might help identify plant enzymes that could be used as insect repellants for humans, the study said.
Miyazaki said that catnip and silver vine posed no risk to cats and were not addictive. The plants likely gave the cats a feeling of "euphoria," he explained via email.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/why-cats-go-so-crazy-for-catnip/article_9ba1bfa0-469a-5539-b168-32d23021d31b.html | 2022-06-14T16:32:40Z |
Seized by genuine panic about the prospect of Republicans winning control of Congress and governors' mansions across the country, multiple Democratic leaders and candidates in some of the tightest races are calling on party leaders -- including President Joe Biden -- to focus on calling out Republicans as "extremists."
They don't think Biden's poll numbers are going to go up much or inflation is going to go down much. But in the continuing wake of the Supreme Court overturning Roe v. Wade and with hundreds of election deniers on the ballot across the country, many Democratic leaders are looking to reframe the stakes of the midterms around a GOP they say has become a threat to America -- arguing that Republican control in states and in Congress would lead to a federal abortion ban, major rights restrictions, and attacks on democracy which could endanger the 2024 presidential election.
"Democrats would be irresponsible, both morally and politically, if we just went with the same poll-tested stuff about delivering infrastructure," said Hawaii Sen. Brian Schatz, who is helping craft some of the strategy in the Senate to press Republicans. "There's a place for all of that, but these people are out of their minds and are really acting with impunity, and we need to say so."
In races for governor, Senate, attorney general, House and state legislatures, the goal is to win over the prototypical suburban, college-educated, generally female, swing voters -- like those in Virginia who were solidly for Biden in 2020, but largely drifted to Republican Glenn Youngkin in the 2021 governor's race. But it's also to appeal to Republican voters who see Donald Trump and Trumpism as toxic, despite the former President's return to Washington on Tuesday in the run-up to an expected new campaign announcement.
As one top Democratic strategist working on House races summed up the argument after reviewing internal focus group data which shows a stronger and more lasting than expected resonance to recent Republican moves, particularly around abortion policy: "I understand that you're frustrated, everything sucks -- but that person thinks that you can't get pregnant from rape, that person believes in QAnon. ... I know you don't like Democrats -- but do you actually want to vote for that person?"
Between Biden's sagging poll numbers and talk of a looming recession, Republicans see all the traditional makings of a midterm romp. Just about every poll shows the economy and inflation remain the top voter concern, leading one Republican campaign operative to dismiss Democratic efforts to talk about extremism as "screaming into the wind."
Strategy in motion
Still, many top Democrats believe focusing on Republicans is their best shot. The strategy is already being set in motion.
Last week in the House, Democrats brought bills to the floor in an effort to force Republicans to vote against legalized same-sex marriage and the right to birth control. Most Republicans did just that. Senate Democrats are bringing the same-sex marriage vote forward, and many Republicans in the chamber are agonizing over what to do. More votes are planned on social issues, but also on measures like the Domestic Terrorism Prevention Act, which Senate Democrats put on the floor shortly after the Buffalo supermarket shooting.
The Democratic National Committee is coordinating with state parties on ads and local press tours built around words like "dangerous" and "threatening," and highlighting what they call "MAGA Hot Mic" moments around Republican officials making hardline comments about abortion, democracy and guns. Democratic groups have also primed a barrage of opposition research to release on GOP candidates on everything from once-obscure bills introduced in state legislatures to long-ago Facebook comments, while allied groups highlight features like a Center for American Progress study that found "at least 104 MAGA Republicans have used guns and other deadly weapons in campaign ads."
On Wednesday, House Democrats will roll out a series of recommended talking points to members that include focusing on a message that "extreme MAGA Republicans care about only one thing: their own power," according to a presentation viewed by CNN. Republicans, the presentation argues, will criminalize abortion and roll back marriage rights, end Social Security and Medicare, and "continue to attack our democracy, undermine free elections and make it harder for Americans to vote."
Days of action have also been coordinated with the White House for events back in House Democrats' districts during the August recess, and include emphasizing proposed Republican cuts to Social Security on August 15, the anniversary of the social safety net, and Republican restrictions on abortion and other reproductive rights on August 26 on Women's Equality Day. House Democrats are also being encouraged to discuss the threat of gun violence on Sept. 7 in conjunction with the start of the new school year.
"Republicans like to duck. They don't like to answer these questions," said Michigan Rep. Debbie Dingell, who helped craft the platform. She said she's been surprised both by how much abortion has resonated back home, and by how little most people have registered other issues like democracy and gun control. "You assume people know this. They absolutely don't know it."
Michigan Democratic Rep. Dan Kildee, who's facing a competitive re-election in what's become one of the swingiest states, said it's even simpler when making the case against the opponent he expects to emerge from an August primary, a self-funder who's never held elected office before.
"The one thing we know about him is that he would vote for the Republican speaker. That would be Kevin McCarthy," Kildee said, referring to Republican candidate Paul Junge and the Republican House leader. "My record is my argument. The most we know about him is that he decided to run under the banner of a party that seems to have lost its soul. That's the contrast."
"You don't have to win every heart and every mind," Kildee added. "There are a big number of Republicans right now that don't recognize their party. We can offer them a rational alternative, get a shot at some of those votes. And in a marginal tossup district like mine, that can be the difference."
Virginia Rep. Abigail Spanberger, a Democrat who won one of the narrowest re-election bids in the country in 2020, said she's campaigning by talking about her record on trying to lower fuel costs and tackling meat packing consolidation. But Spanberger also said she is taking aim at what she says are her Republican opponent's "extremist views."
This November, Spanberger will face off against Yesli Vega, a local elected official who on the campaign trail questioned whether rape can lead to pregnancy and downplayed the January 6 riot as "a group of Americans exercising their First Amendment rights." Spanberger said those positions "are out of touch with voters in the district, but also reality."
"In our race, I certainly want people to vote for me," Spanberger said, "but I think the contrast and the options couldn't be clearer."
New York Rep. Hakeem Jeffries, a member of House Democratic leadership who spearheads messaging for his colleagues, has been urging colleagues to use a single, disqualifying word to tag Republicans with. He prefers "extreme" rather than "MAGA Republicans," the phrase Biden landed on after other Democratic strategists determined that to be a more effective way to brand the party than what might come across as standard political name calling.
"Republicans are extreme on gun safety and want our communities flooded with weapons of war. Republicans are extreme in trying to deny women the freedom to make their own reproductive health care decisions. Republicans are extreme with respect to the January 6th insurrection, and it appears that many of them no longer believe in democracy. Republicans are extreme on Social Security and Medicare, which they want to end in five years, and Republicans are extreme in their inability to actually support legislation that would lower costs for everyday Americans," Jeffries said. "Republicans are out of touch with the American people and undeserving of the opportunity to govern."
There's the talk, and then there are the numbers.
CNN polling this month found that currently most voters see both parties as mainstream, with the exception of abortion, on which most call Republicans too extreme. They also tend to see Democrats as more mainstream on voting rights and election integrity, immigration -- but view Republicans as more mainstream on the economy, which remains the overriding issue.
"Everything is on our side," Senate Republicans' campaign chair Florida Sen. Rick Scott insisted on Monday at an event in Washington, appealing to donors to keep up with Democratic fundraising. "Joe Biden is not going to get better."
'Trying to out MAGA each other'
In an interview with CNN, North Carolina Gov. Roy Cooper said as much as Democrats need to appeal to independents and Republicans uncomfortable with their party's Trumpist turn, they also have to shock dispirited and disenchanted Democratic voters into turning out.
"These candidates are trying to out MAGA each other and often the MAGA candidate is winning -- and even when they don't, what we have seen is Republicans who eventually fall in line and do whatever Trump wants them to do," Cooper, the chair of the Democratic Governors Association,said about getting voters to the polls. "That should be a scary prospect for people as we approach these midterms."
That sense was part of what drove Illinois Gov. J.B. Pritzker to spend millions of dollars in the Republican primary boosting a hardline candidate --because he thought that would make for an easier re-election race, but also because he believes that the only difference between the candidates was that his preferred candidate is more transparent about views that all the others share. That's been a controversial approach within his own party, and one which Illinois Republican Rep. Adam Kinzinger, who serves on the January 6 committee, told CNN this week that he found "disgusting."
Yet Darren Bailey, who won the Republican nomination with Pritzker's help, is a Trump-endorsed state senator who hailed the overturning of Roe v. Wade as "historic and welcomed" and supports an abortion ban without any exceptions. His other positions include legislation to remove the "hellhole" of Chicago from Illinois to form the 51st state and saying people needed to "move on" after the Highland Park shooting on July 4th.
"If you are either espousing those extremist views, where you would force a 10-year-old to carry to term a fetus that was the product of a rape -- whether it's that or the silent Republicans who say, 'I'm not going to say anything out loud, even if I disagree,'" Pritzker said, "this is what's happened to the Republican Party. And as far as I'm concerned, we are speaking the truth."
Bailey's campaign didn't return a request for comment.
Massachusetts Rep. Jake Auchincloss said the first-time candidates around the country whom he's been informally advising have been responding enthusiastically when he's pressed them not to let their opponents campaign as nice people or distanced from the Republicans who voted to overturn the results of the 2020 election or would support a national abortion ban.
"What we have to refuse to allow Republicans to get away with is to try to divorce themselves from the consequences of the votes that they're going to take," Auchincloss said. "Your votes are very damaging not just to our democracy, but to the interests and well-being of the American people. And that is what you are going to be evaluated on."
Not waiting on Biden
Even some of Biden's own White House aides wish he was being more forceful in calling out Republicans.
The President has done some of it, sporadically. Announcing limited executive actions in response to the overturning of Roe v. Wade, Biden said, "the choice we face as a nation is between the mainstream and the extreme." On Monday, in a speech to a Black law enforcement organization, Biden said that Florida Sens. Scott and Marco Rubio, along with Florida Gov. Ron DeSantis, are not on the side of police because they oppose an assault weapons ban, and that Trump "lacked the courage to act" to stop the January 6 riot.
"You can't be pro-insurrection and pro-democracy. You can't be pro-insurrection and pro-America," said Biden, who's repeatedly pointed out that legislation moving through Congress to lower prescription drug prices isn't getting a single Republican vote.
"If we only focus on affordability, opportunity, rebuilding the American dream, we miss a real chance with the extremity of the values that this Supreme Court has allowed to happen and many governors and states are seizing upon," said New Jersey Gov. Phil Murphy, who won a tighter-than-expected race for a second term last year.
Murphy said a perfect example is Doug Mastriano, the Christian nationalist Republican nominee for governor in Pennsylvania whose background includes leading buses of people to Washington on January 6, a commitment to a no-exception abortion ban, and associating with a website known for its violent and antisemitic connections. "If this lunatic in Pennsylvania were to be elected governor in my neighboring state, what are the consequences?" Murphy said.
Mastriano's Democratic opponent, Josh Shapiro, has regularly blasted the Republican as extremist on abortion and other policies, and last week tweeted a meme of him as "Little Mr. Conspiracy Theorist." Mastriano, who generally engages only with media he determines is friendly to him, did not return a request for comment.
Biden "has to" start laying out the terms more clearly himself, Murphy added.
"The President can feel confident in staking out a position -- I know I feel confident -- because we're not speculating. These are facts," Murphy said. "We know exactly what these folks are doing and what they say they will do. You read Clarence Thomas's concurring opinion [on the Dobbs decision]. You listen to Kevin McCarthy. You look at a [Ohio Rep.] Jim Jordan."
Biden was planning to start sounding out a more forceful argument at a rally in Florida that had been scheduled for Monday, before his positive COVID test last week got in the way.
A Biden adviser told CNN that when the President does come out of quarantine, he'll be talking about the work his administration has been doing for the middle class, but "you're also going to hear him continue to talk about congressional Republicans who are talking about taking extreme measures like banning abortion in every state across the country, want to raise your taxes, and are putting your Social Security and Medicare on the chopping block."
Few are holding their breath, either for Biden to go hard, or for him to do it consistently, with the President often going days or weeks without returning to an attack.
"Joe Biden is Joe Biden. And I don't expect him to suddenly become a partisan flamethrower, and I don't think we need him for that," Schatz said. Anyway, he added, "the people who are most effectively making the case that Republicans have gone over the edge and are now extremists are: elected Republicans."
Extremism vs. the Economy
In an interview with CNN, Rep. Tom Emmer, the Minnesota Republican and chair of the House Republicans' campaign arm, dismissed the extremism talk as Democrats "trying to rationalize their way to the minority."
All that matters is inflation and the bills Democrats passed last year which didn't stop it, Emmer said. "You could talk about anything but the issue and the results are going to be the same at the ballot box," he argued. "When somebody says we're going to talk about these other things because they're much bigger, they're not talking to Main Street."
Emmer ducked when asked if he'd consider a federal ban on abortion to be an extreme position, saying, "the only thing that's extreme is the Democrats' no exceptions on abortion." When asked about candidates who were part of or supported the crowd at the Capitol on January 6, he said he wanted anyone who committed criminal acts to be prosecuted.
He argued that it's not his party which has spun out of control. "There are no moderates left in my grandfather's Democratic Party. There are only San Francisco liberals, socialists and others."
But the more moderate, less Trump-allied leaders in the party who hoped that the former President and his influence would fade, have expressed some discomfort with the trajectory of their party.
In an interview on the sidelines of the bipartisan National Governors Association meeting in Portland, Maine, earlier this month, Maryland Republican Gov. Larry Hogan -- a prominent Trump critic who has said he won't be voting for the insurrectionist candidate who won the Republican primary to succeed him -- said he thinks voters see both parties as moving away from them.
"Republicans are talking about the Democrats as extremists and the Democrats are talking about Republicans as extremists. And in some cases, they're right," Hogan said.
Hogan said he believes that most Americans remain driven by the economy and inflation, but he's not sure where that will lead voters.
Asked what he thought of many of his fellow Republican leaders favoring abortion bans without exceptions, as in the case of those who wanted the 10-year-old Ohio girl to carry her pregnancy to term, Hogan said, "Well, I would say that's an extreme position."
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What’s the worst movie you’ve ever seen? Bet there’s one far worse on Stacker’s list of cringe-inducing box office bombs so bad they’ll fascinate you. Click for more. | https://www.albanyherald.com/news/fearing-a-wipeout-democrats-try-to-unify-around-a-simple-midterm-message-republicans-are-extremists/article_5e7620ef-d784-5436-bfad-941160fdd705.html | 2022-07-27T18:55:52Z |
NEW YORK, July 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Oscar Health, Inc. ("Oscar" or the "Company") (NYSE: OSCR) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 22-cv-04103, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Oscar Class A common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's March 2021 initial public offering ("IPO" or the "Offering"). Plaintiff pursues claims against under the Securities Act of 1933 (the "Securities Act").
If you are a shareholder who purchased or otherwise acquired Oscar Class A common stock, pursuant and/or traceable to the company's IPO, you have until July 11, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Oscar is a health insurance company that claims to be the first such company "built around a full stack technology platform" which will "allow [Oscar] to continue to innovate like a technology company and not a traditional insurer."
On March 4, 2021, the Company filed its prospectus on Form 424B4 with the Securities and Exchange Commission, which forms part of the Registration Statement. In the IPO, the Company sold 36,391,946 shares of Class A common stock at a price of $39.00 per share. The Company received net proceeds of approximately $1.3 billion from the Offering. The proceeds from the IPO were purportedly to be used to repay in full outstanding borrowings, including fees and expenses, under Oscar's Term Loan Facility ($167 million), and the remainder proceeds were to be used for general corporate purposes.
The complaint alleges that, the Registration Statement was materially false and misleading and omitted to state: (1) that Oscar was experiencing growing COVID-19 testing and treatment costs; (2) that Oscar was experiencing growing net COVID costs; (3) that Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation ("RADV") result relating to 2019 and 2020; (4) that Oscar was on track to be negatively impacted by significant Special Enrollment Period ("SEP") membership growth; 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.
On August 12, 2021, Oscar disclosed that the Company's Medical Loss Ratio ("MLR") for the second quarter of 2021 was 82.4%, an increase of 2170 basis points year-over year. The Company claimed that "[t]he MLR increased to 82.4% in 2Q21 from 60.7% in 2Q20, primarily driven by meaningfully lower utilization in 2Q20 as a result of COVID-19, as well as higher COVID-19 testing and treatment costs and a return to more normalized utilization in 2Q21." The Company also disclosed that its net loss for the quarter was $73.1 million, an increase of $32.1 million year-over-year.
On November 10, 2021, Oscar disclosed that its third quarter 2021 MLR increased 920 basis points year-over-year, to 99.7%. The Company claimed that the MLR increase was "primarily driven by higher net COVID costs as compared to the net benefit in 3Q20, an unfavorable prior year Risk Adjustment Data Validation (RADV) result, and the impact of significant SEP membership growth." The Company also disclosed that its net loss for the quarter was $212.7 million, an increase of $133.6 million year-over-year.
During a conference call held the same day, Scott Blackley, the Company's Chief Financial Officer, stated: "We recognized approximately $20 million of risk adjustment expense this quarter related to our risk adjustment data validation audit or RADV results. The RADV exercise is atypical this year due to COVID. It spans two years, 2019 and 2020. The majority of the RADV headwinds relate to the 2019 audit results, which were recently completed."
On this news, Oscar's share price fell $4.05 per share, or 24.5%, to close at 12.47 per share on November 11, 2021.
By the commencement of this action, Oscar stock has traded as low as $5.47 per share, a nearly 86% decline from the $39.00 per share IPO price.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/07/11/shareholder-alert-filing-deadline-today-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-oscar-health-inc-class-action-lawsuit-upcoming-deadline-oscr/ | 2022-07-11T22:25:22Z |
ST. LOUIS COUNTY, Mo. (KTVI) — A daycare video of a child thrown across a room like a ragdoll went viral when FOX 2 first exposed it in 2019.
Wilma Brown had pleaded not guilty and denied responsibility until Friday, May 13, 2022.
Even when investigators showed her the video of herself, Brown was documented as saying, “That’s not what happened.” Brown tried to explain the injury to the 3-year-old child’s head and the required surgical staples by writing a note to the parents saying, “She fall.”
Brown then went into hiding after she was charged with felony child abuse. North County Cooperative Police officers later caught her.
Years later, she pleaded guilty to felony child abuse. She must serve a minimum of five years behind bars under Missouri’s child abuse statute.
St. Louis County Prosecutor spokesman Chris King was in the courtroom.
“We saw in court today, this defendant struggled a little bit to say, ‘Yes, I did this horrible thing,'” he said. “Guilty pleas are made possible by good detective work and good prosecutor work. We were going to trial on Monday. If we didn’t have a case, we wouldn’t have a guilty plea. By admitting guilt, that’s an important step along the way to turning her life around.”
Brown was allowed to leave court Friday and will turn herself into authorities June 20. She had no comment for FOX 2.
Brown’s assault happened at a north St. Louis County center that, at the time, was called Brighter Day Care and Preschool. Missouri regulators revoked the center’s license after the assault.
Today, the location is open under a different name. The center’s attorney told FOX 2 that the new center is “a separate and distinct entity.” | https://cw33.com/news/national/nexstar-media-wire/daycare-worker-admits-she-threw-child-across-room-after-years-of-denials/ | 2022-05-15T05:05:51Z |
Homeless teen surrenders dog because he can no longer care for her, shelter says
SENATOBIA, Miss. (Gray News) - A homeless teenager surrendered his dog to an animal shelter because he could no longer provide proper care to the animal, according to the shelter.
The Senatobia-Tate County Animal Shelter in Mississippi said a 17-year-old surrendered his dog to the shelter Tuesday.
In a Facebook post, the shelter said that the teen lives under a bridge and walked all the way to the shelter, where he asked the staff to please take his dog because he couldn’t afford to keep her.
The shelter said the dog is about 4 months old and stayed pinned to her owner’s legs while he dropped her off. A photo of the dog lying in the shelter’s lobby went viral.
“This is where she laid after her owner surrendered her today with her plastic bag of dog food and a blanket. She is devastated,” the caption reads.
The shelter received an outpouring of interest on how to help both the dog and the homeless teen. On Friday, the shelter said the teen now has a place to stay and will soon be getting his dog back.
The shelter is hoping to get the dog spayed and get enough flea, tick and heartworm prevention to last at least a year.
If you would like to help the dog and her owner, you can donate through PayPal to the user account fosasenatobia@gmail.com, and mention “Jada” in your comment.
“I hope his selfless actions have made people think about the animals in this community - they deserve a chance, they don’t deserve to be dumped anywhere,” the shelter’s Facebook post reads. “Thanks everyone for your concern for both of them - the response from people everywhere has been touching.”
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/08/homeless-teen-surrenders-dog-because-he-can-no-longer-care-her-shelter-says/ | 2022-04-08T19:32:30Z |
Leading senior living company celebrated for its people-first culture
BALTIMORE, Sept. 7, 2022 /PRNewswire/ -- Great Place to Work® and PEOPLE magazine have honored Brightview Senior Living as one of the 2022 PEOPLE Companies that Care®. This is Brightview Senior Living's second time being named to this prestigious list, this year coming in at number 81. In addition, Brightview is the only senior living company on the list for two years running.
"We are honored once again to be named to this competitive, selective list of caring companies," stated Doug Dollenberg, President of Brightview Senior Living. "A culture of caring for our associates, residents, families, and the broader community is deeply embedded within the Brightview mission. It is so rewarding to hear from our associates that they feel truly respected and embraced at work, and we are energized to continue building on our successes as a people-first organization."
The Companies that Care award is based on over one million employee survey responses and data from companies representing more than 6.1 million U.S. employees. In that survey, 89% of Brightview's associates said Brightview is a great place to work, compared to 57% at the average U.S. company.
Great Place to Work, the authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they are a Great Place to Work-Certified™ organization. Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are judged on how well they create a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is.
This award follows accolades from 2021: Brightview was the only senior living company in the country to make the PEOPLE Magazine list; Brightview also ranked as the #1 Best Workplace in Aging Services three years in a row and was named as one of the Top 100 Best Companies to Work For® 2021.
For more information about Brightview Senior Living, their communities and career opportunities, visit their website.
About Brightview Senior Living: Brightview Senior Living builds, owns, and operates award-winning vibrant senior living communities in eight states along the East Coast: Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, and Virginia. We offer senior Independent Living, Assisted Living, Enhanced Care, and Wellspring Village®, a specialized neighborhood for people living with Alzheimer's disease and other forms of dementia.
Each Brightview Senior Living community focuses on five elements of wellness called SPICE: Spiritual, Physical, Intellectual, Cultural, and Emotional. Amenities and programs encourage active senior living communities and development in these areas, keeping residents active and healthy.
About the PEOPLE Companies that Care®
Great Place to Work selected the PEOPLE Companies that Care by gathering and analyzing over 1 million confidential survey responses and data from companies representing more than 6.1 million U.S. employees at Great Place to Work-Certified™ organizations. Company rankings are derived from 60 employee experience questions within the Great Place to Work Trust Index™ survey. Read the full methodology.
To get on this list next year, start here.
About Great Place to Work®
Great Place to Work is the global authority on workplace culture. Since 1992, it has surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Its employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything it does is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
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SOURCE Brightview Senior Living | https://www.mysuncoast.com/prnewswire/2022/09/07/brightview-senior-living-named-2022-people-companies-that-care-list/ | 2022-09-07T17:54:18Z |
BEIJING, June 21, 2022 /PRNewswire/ -- iHuman Inc. (NYSE: IH) ("iHuman" or the "Company"), a leading provider of tech-powered, intellectual development products in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.
First Quarter 2022 Highlights
- Revenues were RMB242.7 million (US$38.3 million), a year-over-year increase of 7.1%.
- Gross profit was RMB169.9 million (US$26.8 million), a year-over-year increase of 5.4%.
- Operating income was RMB11.3 million (US$1.8 million), a year-over-year increase of 209.7%.
- Adjusted operating income[1] was RMB13.3 million (US$2.1 million), a year-over-year increase of 23.8%.
- Net income was RMB13.1 million (US$2.1 million), a year-over-year increase of 83.6%.
- Adjusted net income[1] was RMB15.1 million (US$2.4 million), a year-over-year increase of 6.1%.
- Average total MAUs[2] reached a record high of 18.39 million, a year-over-year increase of 14.1%.
Dr. Peng Dai, Director and Chief Executive Officer of iHuman, commented, "We kicked off 2022 with another solid quarter as average total MAUs reached a record high of 18.39 million during the period. The robust user growth was driven largely by word-of-mouth referrals which reflects our strong brand recognition and effective user retention strategies. As we continue to progress on achieving our vision of making the child-upbringing experience easier for parents and transforming cognitive development into a fun journey for children, we continued to build upon our market-leading products and technological capabilities and enhanced our portfolio to better assist parents with fun tools to support their kids' well-rounded development. For example, we expanded the content of iHumanpedia with a new dinosaur module, a highly popular theme amongst children. While solidifying our leading position in the domestic market, we have simultaneously increased our efforts in exploring new growth opportunities in international markets to fulfill the increasing demand for high-quality and easily accessible products like ours. Leveraging our extensive industry know-how, market-proven products, and cross-market synergies, we expect that our international business will further broaden our market reach and become a new growth engine going forward."
Ms. Vivien Weiwei Wang, Director and Chief Financial Officer of iHuman, added, "We are pleased with our performance in the first quarter and believe we are off to a good start in 2022. During the quarter, we continued to see robust underlying demand among families for our self-directed and interactive products that engage children in ways that stimulate their natural curiosity for the world and promote healthy and all-around development. We maintained a keen focus on cementing our market-leading position by expanding the product lineup and enhancing our technological capabilities. We have also taken initiatives and further broadened our investments in smart devices in order to better support the needs of children and parents. Looking ahead, we will work diligently to develop new products to keep up with the growing market demand and offer our users a more flexible and holistic experience when they use our products, which we believe will ultimately lead to an increase in their lifetime value. We will strive to continue scaling our business and creating more value for our shareholders."
First Quarter 2022 Unaudited Financial Results
Revenues
Revenues were RMB242.7 million (US$38.3 million), an increase of 7.1% from RMB226.7 million in the same period last year, primarily driven by further user growth and enhanced user engagement.
Average total MAUs for the quarter were 18.39 million, an increase of 14.1% year-over-year from 16.12 million in the same period last year. The number of paying users[3] for the quarter was 1.61 million.
Cost of Revenues
Cost of revenues was RMB72.8 million (US$11.5 million), an increase of 11.3% from RMB65.4 million in the same period last year, primarily due to an increase in channel costs and payroll-related expenses, which was in line with the Company's revenue expansion.
Gross Profit and Gross Margin
Gross profit was RMB169.9 million (US$26.8 million), an increase of 5.4% from RMB161.3 million in the same period last year. Gross margin was 70.0%, compared with 71.1% in the same period last year.
Operating Expenses
Total operating expenses were RMB158.6 million (US$25.0 million), an increase of 0.6% from RMB157.6 million in the same period last year. Excluding share-based compensation expenses, total operating expenses were RMB156.7 million, an increase of 3.9% from the same period last year.
Research and development expenses were RMB96.6 million (US$15.2 million), an increase of 17.7% from RMB82.1 million in the same period last year. Excluding share-based compensation expenses, the research and development expenses were RMB95.7 million, an increase of 22.0% from the same period last year, primarily due to a rise in payroll-related expenses and rental expenses as the Company continued to expand its research and development capabilities, and enhance and develop its tech-powered, intellectual development products.
Sales and marketing expenses were RMB35.9 million (US$5.7 million), a decrease of 32.2% from RMB52.9 million in the same period last year. Excluding share-based compensation expenses, the sales and marketing expenses were RMB36.0 million, a decrease of 30.4% from the same period last year, primarily due to an economical and optimized advertising strategy.
General and administrative expenses were RMB26.1 million (US$4.1 million), an increase of 15.5% from RMB22.6 million in the same period last year. Excluding share-based compensation expenses, the general and administrative expenses were RMB25.0 million, an increase of 21.2% from the same period last year, primarily due to an increase in payroll-related expenses.
Operating Income
Operating income was RMB11.3 million (US$1.8 million), an increase of 209.7% from RMB3.6 million in the same period last year.
Excluding share-based compensation expenses, adjusted operating income was RMB13.3 million (US$2.1 million), an increase of 23.8% from RMB10.7 million in the same period last year.
Net Income
Net income was RMB13.1 million (US$2.1 million), an increase of 83.6% from RMB7.1 million in the same period last year.
Adjusted net income was RMB15.1 million (US$2.4 million), an increase of 6.1% from RMB14.2 million in the same period last year.
Basic and diluted net income per ADS were RMB0.25 (US$0.04) and RMB0.24 (US$0.04), respectively, compared with RMB0.13 and RMB0.13 in the same period last year. Each ADS represents five Class A ordinary shares of the Company.
Adjusted diluted net income per ADS was RMB0.28 (US$0.04), compared with RMB0.26 in the same period last year.
Deferred Revenue and Customer Advances
Deferred revenue and customer advances were RMB317.9 million (US$50.1 million) as of March 31, 2022, compared with RMB303.0 million as of December 31, 2021.
Cash, Cash Equivalents and Time Deposits
Cash, cash equivalents and time deposits were RMB794.1 million (US$125.3 million) as of March 31, 2022, compared with RMB855.4 million as of December 31, 2021.
Exchange Rate Information
The U.S. dollar (US$) amounts disclosed in this press release, except for those transaction amounts that were actually settled in U.S. dollars, are presented solely for the convenience of the reader. The conversion of Renminbi (RMB) into US$ in this press release is based on the exchange rate set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System as of March 31, 2022, which was RMB6.3393 to US$1.00. The percentages stated in this press release are calculated based on the RMB amounts.
Non-GAAP Financial Measures
iHuman considers and uses non-GAAP financial measures, such as adjusted operating income, adjusted net income and adjusted diluted net income per ADS, as supplemental metrics in reviewing and assessing its operating performance and formulating its business plan. The presentation of non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). iHuman defines adjusted operating income, adjusted net income and adjusted diluted net income per ADS as operating income, net income and diluted net income per ADS excluding share-based compensation expenses, respectively. Adjusted operating income, adjusted net income and adjusted diluted net income per ADS enable iHuman's management to assess its operating results without considering the impact of share-based compensation expenses, which are non-cash charges. iHuman believes that these non-GAAP financial measures provide useful information to investors in understanding and evaluating the Company's current operating performance and prospects in the same manner as management does, if they so choose.
Non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. Non-GAAP financial measures have limitations as analytical tools, which possibly do not reflect all items of expense that affect our operations. Share-based compensation expenses have been and may continue to be incurred in our business and are not reflected in the presentation of the non-GAAP financial measures. In addition, the non-GAAP financial measures iHuman uses may differ from the non-GAAP measures used by other companies, including peer companies, and therefore their comparability may be limited. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from or as a substitute for the financial information prepared and presented in accordance with GAAP.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States 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. Statements that are not historical facts, including statements about iHuman's beliefs and expectations, are forward-looking statements. Among other things, the description of the management's quotations in this announcement contains forward-looking statements. iHuman may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: iHuman's growth strategies; its future business development, financial condition and results of operations; its ability to continue to attract and retain users, convert non-paying users into paying users and increase the spending of paying users, the trends in, and size of, the market in which iHuman operates; its expectations regarding demand for, and market acceptance of, its products and services; its expectations regarding its relationships with business partners; general economic and business conditions; regulatory environment; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in iHuman's filings with the SEC. All information provided in this press release is as of the date of this press release, and iHuman does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
About iHuman Inc.
iHuman Inc. is a leading provider of tech-powered, intellectual development products in China that is committed to making the child-rearing experience easier for parents and transforming cognitive development into a fun journey for children. Benefiting from a deep legacy that combines over two decades of experience in the parenthood industry, superior original content, advanced high-tech innovation DNA and research & development capabilities with cutting-edge technologies, iHuman empowers parents with tools to make the child-upbringing experience more efficient. iHuman's unique, fun and interactive product offerings stimulate children's natural curiosity and exploration. The Company's comprehensive suite of innovative and high-quality products include self-directed apps, interactive content and smart devices that cover a broad variety of areas to develop children's abilities in speaking, critical thinking, independent reading and creativity, and foster their natural interest in traditional Chinese culture. Leveraging advanced technological capabilities, including 3D engines, AI/AR functionality, and big data analysis on children's behavior & psychology, iHuman believes it will continue to provide superior experience that is efficient and relieving for parents, and effective and fun for children, in China and all over the world, through its integrated suite of tech-powered, intellectual development products.
For more information about iHuman, please visit https://ir.ihuman.com/.
For investor and media enquiries, please contact:
iHuman Inc.
Mr. Justin Zhang
Investor Relations Director
Phone: +86 10 5780-6606
E-mail: ir@ihuman.com
Christensen
In China
Mr. Eric Yuan
Phone: +86-13801110739
E-mail: Eyuan@christensenir.com
In the US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: lbergkamp@christensenir.com
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SOURCE iHuman Inc. | https://www.wibw.com/prnewswire/2022/06/21/ihuman-inc-announces-first-quarter-2022-unaudited-financial-results/ | 2022-06-21T04:22:33Z |
20-month program to provide students with critical skill set to meet evolving business demands
NEW YORK, July 18, 2022 /PRNewswire/ -- As part of a commitment to prepare the business leaders of tomorrow, Columbia Business School and Columbia University's School of Engineering and Applied Science will offer a new dual-degree program that pairs the foundational skill sets of business with those of engineering. Students in the 20-month program will receive two degrees: a Master of Business Administration and an Executive Master of Science in Engineering and Applied Science. The program will officially launch in September 2023 and interested students can begin applying now.
Designed to meet the evolving needs of leaders in technology, product managers, entrepreneurs, and other roles associated with technology and business, the Dual MBA/Executive MS in Engineering and Applied Science curriculum will cover core engineering, areas of "tough tech," and applied science foundations, as well as essential business courses in leadership, strategy, finance, economics, and marketing. Students will take courses with both Columbia Business School and Columbia Engineering faculty, spend a summer pursuing an entrepreneurial venture or interning at a technology company, and complete a capstone project.
"Today's business challenges are multidisciplinary, and their solutions often lean on technological innovations. Students need, on one hand, a broad exposure to and understanding of how technology and engineering breakthroughs are shaping our lives today and the world of tomorrow. And, on the other hand, they need a deep understanding of business and, importantly, how to manage and lead in this dynamic environment," said Columbia Business School Dean Costis Maglaras, the David and Lyn Silfen Professor of Business. "In this competitive marketplace, Columbia's new MBAxMS: Engineering & Applied Science equips students with both the management skills and the science and technology core that enables them to move seamlessly from the classroom to product development to large-scale innovation – and ultimately help create and grow companies and drive change."
The MBAxMS: Engineering & Applied Science core curriculum will focus on the creative application of technology and will include a variety of new and existing courses, including Digital Disruption & Tech Transfer, Business Analytics, Human-Centered Design and Innovation, and more. Students will also choose from an extensive array of electives designed to stimulate innovation, strengthen analytical skills, and bolster critical knowledge for their specific entrepreneurial or enterprise path.
"Technology, data, and analytics are transforming every aspect of modern businesses, especially those prized by the ambitious and entrepreneurial students who come to Columbia University," said Columbia Engineering Dean Shih-Fu Chang, the Morris A. and Alma Schapiro Professor of Engineering. "We recognize how important it is to provide students with broad exposures to emerging technology breakthroughs, the comprehensive training of business leadership skills, the unique experience in applying the human-centric design approach to innovative products and solutions, and importantly the ability to apply these unique skills in confronting major challenges facing our society and business world today. We look forward to partnering with Columbia Business School to launch an unprecedented program that can give our students a major boost."
The dual degree program, which is based in New York City, provides students with unmatched access and opportunities to work with and learn from the world's leaders in business, technology, data, analytics, and more. This includes opportunities to learn from guest speakers, meet with in-house mentors, and pursue internship opportunities that extend beyond the summer months. With one of the largest tech and entrepreneurial ecosystems in the country, the NYC location provides a unique, one-of-a-kind experience for the Dual MBA/Executive MS in Engineering and Applied Science students and graduates.
To learn more about the program, please visit https://academics.gsb.columbia.edu/mbaxms.
About Columbia Business School
Columbia Business School is the only world-class, Ivy League business school that delivers a learning experience where academic excellence meets with real-time exposure to the pulse of global business. The thought leadership of the School's faculty and staff members, combined with the accomplishments of its distinguished alumni and position in the center of global business, means that the School's efforts have an immediate, measurable impact on the forces shaping business every day. To learn more about Columbia Business School's position at the very center of business, please visit www.gsb.columbia.edu.
About Columbia Engineering
Columbia Engineering, based in New York City, is one of the top engineering schools in the U.S. and one of the oldest in the nation. Also known as The Fu Foundation School of Engineering and Applied Science, the School expands knowledge and advances technology through the pioneering research of its more than 250 faculty, while educating undergraduate and graduate students in a collaborative environment to become leaders informed by a firm foundation in engineering. The School's faculty are at the center of the University's cross-disciplinary research, contributing to the Data Science Institute, Earth Institute, Zuckerman Mind Brain Behavior Institute, Precision Medicine Initiative, and the Columbia Nano Initiative. Guided by its strategic vision, "Columbia Engineering for Humanity," the School aims to translate ideas into innovations that foster a sustainable, healthy, secure, connected, and creative humanity. To learn more about Columbia Engineering, please visit engineering.columbia.edu.
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SOURCE Columbia Business School | https://www.mysuncoast.com/prnewswire/2022/07/18/columbia-business-school-columbia-engineering-offer-new-dual-mbaexecutive-ms-engineering-applied-science-program/ | 2022-07-18T17:39:26Z |
SAN DIEGO, Aug. 22, 2022 /PRNewswire/ -- Alliant International University, a leading professional practice university for mental health practitioners, announced today that its California School of Professional Psychology (CSPP) Master of Arts in Clinical Counseling (MACC) program has officially received accreditation by the Council for Accreditation of Counseling and Related Educational Programs (CACREP). This accreditation ensures that CSPP students are receiving a quality educational experience that is reviewed against rigorous CACREP standards by counselors and counselor educators.
"Receiving the CACREP accreditation is an important milestone for CSPP and a testament to our commitment to providing the highest level of educational excellence for our students," said Dr. David Paul, MACC systemwide program director. "Above all, this accreditation ensures that our graduates will continue to have even more opportunities to excel in the counseling and mental health fields and make an immediate and needed impact in their communities."
The newly CACREP-accredited MACC program offers rigorous in-person and online courses and curriculum, which provide opportunities for out of state licensing and help prepare students for their professional careers. CACREP curricula content areas are the required educational training for counseling licensure in most states, making CACREP-accreditation a pathway to portability.
"We are committed to addressing the unmet need for mental health services across the country and CACREP accreditation for our MACC program is an important component in that mission," said Dr. David Stewart, dean of the California School of Professional Psychology. "Employers and consumers will know that our graduates have a degree meeting the most rigorous standards of training and are prepared to be excellent licensed clinical counselors wherever they are needed."
For more information on the CACREP-accredited MA in Clinical Counseling program, please visit www.alliant.edu/psychology/clinical-counseling/ma.
About Alliant International University
Alliant is a private university accredited by the WASC Senior College and University Commission (WSCUC) which offers programs in psychology, education, business management, forensic studies, and law. Alliant's mission is to prepare students for professional careers of service and leadership, and to promote the discovery and application of knowledge to improve the lives of people in diverse cultures and communities around the world. More information is available at www.alliant.edu.
Media Contact:
Cielo Villasenor
cielo.villasenor@alliant.edu
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SOURCE Alliant International University | https://www.kxii.com/prnewswire/2022/08/22/alliant-international-universitys-california-school-professional-psychology-cspp-master-arts-clinical-counseling-macc-program-receives-cacrep-accreditation/ | 2022-08-22T19:24:00Z |
New tech helps leading addiction and mental healthcare provider get patients the resources they need throughout the healing and recovery process
KANSAS CITY, Mo., Aug. 11, 2022 /PRNewswire/ -- The Hazelden Betty Ford Foundation is simplifying the distribution of addiction treatment and recovery support content with the Oracle Cerner electronic health record (EHR) and Xealth's digital therapeutic distribution platform. The new system makes it easier for Hazelden Betty Ford clinicians to personalize care for their patients by assigning them digital content, including therapeutic education, exercises, and workshops, accessible via the EHR's patient portal. The new central repository for patients will be accessible during in-person or online treatment and at later touchpoints throughout their long-term recovery process.
Hazelden Betty Ford, a longtime Oracle Cerner client, is the nation's largest nonprofit system of addiction treatment, mental health care, recovery resources and related prevention and education services.
"We are committed to personalized care and empowering our patients with accessible, relevant resources at every stage of recovery," said Deb Bauman, chief information officer and vice president of technology services at Hazelden Betty Ford, "Digital health content is a critical component of our care and support, and our collaboration with Oracle Cerner and Xealth is helping us get the right content to the right patients at the right time."
In December 2020, Oracle Cerner and Xealth began working together to help health care providers better leverage online content to serve their patients. Caregivers at Hazelden Betty Ford will now have the ability to assign therapeutic content from within their EHR workflow in response to individual patient situations and in anticipation of individual patient needs. In addition, care teams will gain insights into how patients are engaging with the content and how well each is performing via analytics organized in an intuitive dashboard and custom reporting. They can also edit existing content and launch new content as needed.
"Digital health is proving to reshape patient care and helps enable caregivers to create more engaging and effective patient experiences," said Bob Kopanic, Oracle Cerner senior vice president of North American client relationships. "This integration makes it easier for clinical staff to do their most important work - caring for their patients. We're pleased to help make it easier for Hazelden Betty Ford caregivers to meet patients where they are with digital health content that is easy to access and consume when and where they'd like to."
"Hazelden Betty Ford is a world-renowned force of healing and hope for individuals and families affected by the complex challenges of addiction and mental health concerns," said Mike McSherry, CEO and co-founder of Xealth. "We welcome the opportunity to help deepen the connection between patients and care teams by simplifying the process of bringing digital resources to people when and how they need them, getting more patients engaged and enabling more personalized, meaningful care."
A client since 2015, Hazelden Betty Ford uses a variety of Oracle Cerner technology to enhance the clinician and patient experience.
The Hazelden Betty Ford Foundation is a force of healing and hope for individuals, families and communities affected by addiction to alcohol and other drugs. As the nation's leading nonprofit provider of comprehensive inpatient and outpatient addiction and mental health care for adults and youth, the Foundation has treatment centers and telehealth services nationwide as well as a network of collaborators throughout health care. Through charitable support and a commitment to innovation, the Foundation is able to continually enhance care, research, programs and services, and help more people. With a legacy that began in 1949 and includes the 1982 founding of the Betty Ford Center, the Foundation today is committed to diversity, equity and inclusion in its services and throughout the organization, which also encompasses a graduate school of addiction studies, a publishing division, an addiction research center, recovery advocacy and thought leadership, professional and medical education programs, school-based prevention resources and a specialized program for children who grow up in families with addiction. Learn more at HazeldenBettyFord.org and on Twitter.
Oracle Cerner's health technologies connect people and information systems at thousands of contracted provider facilities worldwide dedicated to creating smarter and better care for individuals and communities. Recognized globally for innovation, Oracle Cerner assists clinicians in making care decisions and assists organizations in managing the health of their populations. The company also offers a connected clinical and financial ecosystem to help manage day-to-day revenue functions, as well as a wide range of services to support clinical, financial, and operational needs, focused on people. For more information, visit Cerner.com, Oracle Cerner Perspectives, connect on Facebook, Instagram, LinkedIn, Twitter or join the discussion on Oracle Cerner's podcast Perspectives on Health & Tech.
Xealth scales digital health programs, enabling clinicians to integrate, prescribe and monitor digital health tools for patients to drive engagement and utilization. Through the secure Xealth platform, clinicians can find and order the right digital health tools and programs for patients direct from the EHR workflow, send these digital health orders to the patient's email or patient portal, and then monitor activity. Xealth spun out of Providence St. Joseph Health (PSJH) in 2017, and investors include Atrium Health, Cleveland Clinic, MemorialCare Innovation Fund, Cerner, McKesson Ventures, Novartis, Philips, and ResMed as well as Providence Ventures, UPMC and the Froedtert and Medical College of Wisconsin Health Network. For more information, visit www.xealth.com or follow us on LinkedIn or Twitter.
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SOURCE Oracle Cerner | https://www.wibw.com/prnewswire/2022/08/11/hazelden-betty-ford-taps-oracle-cerner-xealth-simplify-access-addiction-treatment-recovery-content/ | 2022-08-11T15:23:01Z |
(NewsNation) — Desperate to find missing newcomer Irene Gakwa, the Gillette, Wyoming, community has showed up with searches covering hundreds of miles. The search is being led by volunteer Stacy Koester.
Gakwa’s fiancé, Nathan Hightman, a person of interest in the case, sought a protective order against Koester. They squared off in court Thursday with the judge ultimately ruling in favor of Koester. How did the lead searcher end up here?
Social media posts by Koester about the search for Gakwa raised the ire of Hightman, resulting in him pushing for a protective order.
“I think he is worried that we’re closing in on him by sharing Irene’s story so much,” Koester said.
In court Thursday, the judge addressed Hightman, saying, “I can’t find that, sir, you met your burden of proof to prove that an act of stalking occurred in this case.”
Koester hopes the judge’s decision will give the community a better chance at finding Gakwa. Vindicated, she will be back out searching and sharing her opinions of Hightman on TikTok once again, all in the hopes of finding Gakwa or her body.
“I am searching for his missing fiancée, because I made a promise to Irene’s family, who is my family now, that I won’t stop searching until we bring her home and she has answers,” Koester said.
Gakwa, 32, is a recent immigrant from Kenya who lived with family in Idaho before moving to Wyoming with Hightman, who she reportedly met on Craigslist.
Her family grew concerned when they noticed Gakwa’s text messages had changed from a mixture of English and Swahili to solely English. They reported her missing in March.
Hightman told police that Gakwa packed clothing into two plastic bags and announced that she was leaving Gillette, Wyoming. He said she entered a dark-colored SUV and left the area.
Soon after that, police arrested Hightman and charged him with draining Gakwa’s bank accounts, deleting her email account and using her credit card at Walmart to buy a shovel, a pair of boots and a pair of pants. Police report that Hightman said he did it to force her to contact him in the event she needed money.
Hightman entered not guilty pleas to the charges he used Gakwa’s bank account and credit card.
Anyone with information on the case is urged to call the Gillette Police Department at 307-682-5155. | https://cw33.com/news/nexstar-media-wire/missing-womans-fiance-loses-case-against-lead-searcher/ | 2022-09-16T15:26:11Z |
SEATTLE, June 14, 2022 /PRNewswire/ --
Beginning in 2022, over 1,500 cybersecurity researchers will be testing a new technology from Democracy Live that allows voters who are unable to vote on a paper postal ballot, due to geography or disabilities, to access, mark and return their ballot. Democracy Live, the nation's leading provider of remote balloting technologies, has teamed with Synack, the premier on-demand security platform for continuous penetration testing to test the Democracy Live "OmniBallot" remote ballot marking and printing system.
Under the agreement between Democracy Live and Synack, 1,500 independent cybersecurity researchers will have access to the OmniBallot balloting portal to continuously test the OmniBallot remote ballot printing portal.
"The OmniBallot balloting portal has been deployed in over 4,000 elections to over 20 million voters over the last decade with zero compromises." Democracy Live CEO, Bryan Finney stated. "Our engagement with Synack will enhance the security of OmniBallot and continue to give our customers and voters the assurance that Democracy Live is doing all that can be done to ensure voters, including voters that cannot vote a paper postal ballot, are fully and securely enfranchised."
The Synack Platform combines the skills of 1,500 elite cybersecurity researchers along with cutting-edge smart technology to help Fortune 500 businesses, government agencies and leading healthcare organizations protect their most critical assets.
"We're committed to making sure any technology used for voting is as secure as possible. Our democracy depends on it. We need to make sure these technologies are protected against attacks. It's imperative that we do everything we can to ensure the trust in the technologies people use to cast their votes," said Jay Kaplan, Synack's CEO. "We also believe in Democracy Live's mission of expanding the vote securely to as many eligible voters as possible. Democracy works best when as many people as possible participate."
More than 8,000 elections jurisdictions across all 50 states are required by law to transmit ballots electronically. More than half the states are required to offer eligible voters the option to return their ballots electronically. Surprisingly, many of election jurisdictions still use fax machines, or email attachments to comply with the law.
Learn more about the work Synack is doing with Democracy Live at www.democracylive.com and https://synack.com/elections
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SOURCE Democracy Live, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/14/cybersecurity-researchers-test-new-remote-ballot-printing-system-democracy-live/ | 2022-06-15T00:05:40Z |
Filing accuses nationwide apartment owner of racial discrimination against crime victim
WASHINGTON, Sept. 13, 2022 /PRNewswire/ -- UDR Inc. (NYSE: UDR), a large national real estate corporation, cannot shake a discrimination lawsuit that a former tenant filed in 2021 after he was forced to vacate the premises after unknown assailants shot him at his Washington, D.C. apartment, Capitol View at 14th.
A judge's order, issued Friday, allows key portions of the lawsuit filed on behalf of Patrick Oseni, a young Black graduate of Howard University, to proceed.
The lawsuit stems from a January 2020 incident at Capitol View, a luxury apartment building, where Oseni was shot one Saturday morning after opening the door to his unit. The lawsuit says assailants entered the building unimpeded, went up to the fourth floor, knocked on Oseni's door and shot him in the head and torso when he opened it. He survived after undergoing emergency surgery.
The claim alleges that when he returned from the hospital in bandages, UDR had changed the lock on Oseni's apartment door and pressed him to vacate because UDR claimed other tenants were "uncomfortable" with him continuing to live in the building.
One month later, a police raid on another Capitol View apartment—on the same floor where Oseni had resided—turned up guns, cash and drugs including crystal meth and cocaine. That illegal operation—and not Oseni—was the likely target of the initial incident, according to the lawsuit.
"I think Patrick may have been shot by assailants who had the wrong door and nearly killed the wrong guy," said lead attorney Mark A. Smith of Smith Mustille, LLC, who along with Judith A. Mustille represents Oseni.
UDR, which is headquartered in Highlands Ranch, Colorado, and operates apartment buildings in New York City, Boston, Los Angeles, Silicon Valley, Dallas, San Francisco, and other cities, moved to dismiss the case. But D.C. Superior Court Judge Maurice Ross allowed the most serious counts, including two counts of discrimination, one of fraudulent misrepresentation, and one of intentional infliction of emotional distress, to proceed toward trial.
"No one should have to experience the trauma that Patrick suffered at the hands of a landlord who locked him out of his apartment because he'd been the victim of a crime, especially in a luxury building where the owners advertise 24-hour concierge and controlled access," said Ms. Mustille.
Contact:
Mark Annick
800-559-4534
mark@androvett.com
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SOURCE Smith Mustille, LLC | https://www.kxii.com/prnewswire/2022/09/13/judge-allows-young-black-former-tenants-discrimination-claims-against-udr-advance/ | 2022-09-13T18:44:21Z |
Biden: US would defend Taiwan against Chinese invasion
BEIJING (AP) - President Joe Biden says U.S. forces would defend Taiwan if China tries to invade the self-ruled island claimed by Beijing as part of its territory, adding to displays of official American support for the island democracy.
Biden said “yes” when asked during an interview broadcast Sunday on CBS News’s “60 Minutes” program whether “U.S. forces, U.S. men and women, would defend Taiwan in the event of a Chinese invasion.”
CBS News reported the White House said after the interview U.S. policy hasn’t changed. That policy says Washington wants to see Taiwan’s status resolved peacefully but doesn’t say whether U.S. forces might be sent in response to a Chinese attack.
Tension is rising following efforts by Chinese President Xi Jinping’s government to intimidate Taiwan by firing missiles into the nearby sea and flying fighter jets nearby and visits to Taipei by political figures including U.S. House Speaker Nancy Pelosi.
Taiwan’s foreign ministry on Monday expressed “sincere gratitude” to Biden for “affirming the U.S. government’s rock-solid promise of security to Taiwan.”
Taiwan will “resist authoritarian expansion and aggression” and “deepen the close security partnership” with Washington and other governments “with similar thinking” to protect regional stability, the statement said.
Washington is obligated by federal law to see that Taiwan has the means to defend itself but doesn’t say whether U.S. forces would be sent. The United States has no formal relations with the island but maintains informal diplomatic ties.
Taiwan and China split in 1949 after a civil war that ended with the Communist Party in control of the mainland. The two governments say they are one country but dispute which is entitled to be the national leader.
Beijing criticizes official foreign contact with Taiwan’s elected government as encouragement to make its de facto independence permanent, a step the mainland says would lead to war.
Washington says it doesn’t support formal independence for Taiwan, a stance Biden repeated in the interview broadcast Sunday.
“Taiwan makes their own judgments about their independence,” the president said. “We’re not encouraging their being independent.”
In May, Biden said “yes” when asked at a news conference in Tokyo whether he was willing to get involved militarily to defend Taiwan if China invaded.
___
AP journalist Johnson Lai in Taipei, Taiwan, contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/09/19/biden-us-would-defend-taiwan-against-chinese-invasion/ | 2022-09-19T04:32:39Z |
DALIAN, China, Aug. 19, 2022 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has entered into a strategic partnership agreement with Welson Power, a China-based new energy company with a global network in over 20 countries.
According to the agreement, Nanjing CBAK will supply its Model 32140 batteries to Welson Power which will sell the products to overseas market, mainly India, mostly for LEV applications. Nanjing CBAK has obtained the certification of the Bureau of Indian Standards ("BIS") on its Model 32140 battery, which is the only certification for distributing lithium-ion battery products in India. With a subsidy program of INR100 billion (or $1.26 billion) to electrify all of its new automobiles came up with by the Indian government, the prospect of the new energy industry is bright. Both parties believe that the partnership will be mutually beneficial.
Mr. Yunfei Li, Chief Executive Officer of CBAK Energy commented, "The partnership with Welson Power brings us into the Indian market which is expected to be one of the largest markets for LEV applications. Our 32140 batteries are much attractive to local manufacturers, and we will not be surprised to see our sales and market shares start going up there with this partnership."
About Welson Power
Welson Power is a Wuxi-based new energy company with focus on lithium battery energy solutions (ESS) to portable energy storage, household energy storage, and small industrial and commercial energy storage, and manufactures power battery systems for EV and LEV applications. Welson Power has a global footprint over 20 countries with major focus on the Indian market.
About CBAK Energy
CBAK Energy Technology, Inc. is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium batteries. The applications of the Company's products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian and Nanjing, as well as a large-scale R&D and production base in Dalian.
For more information, please visit www.cbak.com.cn.
Safe Harbor Statement
This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are 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. We have attempted to identify forward-looking statements by terminology including "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.
Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management's current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, trading in our securities may be prohibited under the Holding Foreign Companies Accountable Act if the PCAOB subsequently determines our audit work is performed by auditors that the PCAOB is unable to inspect or investigate completely, the effects of the global Covid-19 pandemic, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China's legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain market for the Company's lithium battery cells and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of battery cells designed for energy storage that we discussed or referred to in the Company's disclosure documents filed with the U.S. Securities and Exchange Commission (the "SEC") available on the SEC's website at www.sec.gov, including the Company's most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.
For investor and media inquiries, please contact:
In China:
CBAK Energy Technology, Inc.
Investor Relations Department
Mr. Thierry Jiewei Li
Phone: 86-18675423231
Email: ir@cbak.com.cn
Related Links
https://ir.cbak.com.cn/
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SOURCE CBAK Energy Technology, Inc. | https://www.wibw.com/prnewswire/2022/08/19/cbak-energy-enters-into-strategic-partnership-agreement-with-welson-power-indian-market/ | 2022-08-19T13:05:45Z |
BEIJING, April 29, 2022 /PRNewswire/ -- TAL Education Group (NYSE: TAL) ("TAL" or the "Company"), a smart learning solutions provider in China, today announced its unaudited financial results for the fourth quarter and the fiscal year ended February 28, 2022.
Highlights for the Fourth Quarter of Fiscal Year 2022
- Net revenues decreased by 60.3% year-over-year to US$541.2 million from US$1,362.7 million in the same period of the prior year.
- Income from operations was US$0.6 million, compared to loss from operations of US$297.2 million in the same period of the prior year.
- Non-GAAP income from operations, which excluded share-based compensation expenses, was US$0.8 million, compared to non-GAAP loss from operations of US$216.9 million in the same period of the prior year.
- Net loss attributable to TAL was US$108.1 million, compared to net loss attributable to TAL of US$169.0 million in the same period of the prior year.
- Non-GAAP net loss attributable to TAL, which excluded share-based compensation expenses, was US$108.0 million, compared to non-GAAP net loss attributable to TAL of US$88.7 million in the same period of the prior year.
- Basic and diluted net loss per American Depositary Share ("ADS") were both US$0.17. Non-GAAP basic and diluted net loss per ADS, which excluded share-based compensation expenses, were both US$0.17. Three ADSs represent one Class A common share.
- Cash, cash equivalents and short-term investments totaled US$2,708.7 million as of February 28, 2022, compared to US$5,937.5 million as of February 28, 2021.
Highlights for the Fiscal Year Ended February 28, 2022
- Net revenues decreased by 2.3% year-over-year to US$4,390.9 million from US$4,495.8 million in fiscal year 2021.
- Loss from operations was US$614.5 million, compared to loss from operations of US$438.2 million in fiscal year 2021.
- Non-GAAP loss from operations, which excluded share-based compensation expenses, was US$439.7 million, compared to non-GAAP loss from operations of US$233.3 million in fiscal year 2021.
- Net loss attributable to TAL was US$1,136.1 million, compared to net loss attributable to TAL of US$116.0 million in fiscal year 2021.
- Non-GAAP net loss attributable to TAL, which excluded share-based compensation expenses, was US$961.3 million, compared to non-GAAP net income attributable to TAL of US$89.0 million in fiscal year 2021.
- Basic and diluted net loss per ADS were both US$1.76. Non-GAAP basic and diluted net loss per ADS, excluding share-based compensation expenses, were both US$1.49.
Financial Results for the Fourth Quarter of Fiscal Year 2022
Net Revenues
In the fourth quarter of fiscal year 2022, TAL reported net revenues of US$541.2 million, representing a 60.3% decrease from US$1,362.7 million in the fourth quarter of fiscal year 2021.
Operating Costs and Expenses
In the fourth quarter of fiscal year 2022, operating costs and expenses were US$546.3 million, representing a 67.1% decrease from US$1,662.0 million in the fourth quarter of fiscal year 2021. Non-GAAP operating costs and expenses, which excluded share-based compensation expenses, were US$546.2 million, representing a 65.5% decrease from US$1,581.7 million in the fourth quarter of fiscal year 2021.
Cost of revenues decreased by 65.9% to US$198.1 million from US$581.4 million in the fourth quarter of fiscal year 2021. Non-GAAP cost of revenues, which excluded share-based compensation expenses, decreased by 65.9% to US$197.9 million, from US$580.8 million in the fourth quarter of fiscal year 2021.
Selling and marketing expenses decreased by 84.3% to US$103.5 million from US$660.5 million in the fourth quarter of fiscal year 2021. Non-GAAP selling and marketing expenses, which excluded share-based compensation expenses, decreased by 82.2% to US$113.1 million, from US$635.5 million in the fourth quarter of fiscal year 2021.
General and administrative expenses decreased by 39.2% to US$212.1 million from US$348.6 million in the fourth quarter of fiscal year 2021. Non-GAAP general and administrative expenses, which excluded share-based compensation expenses, decreased by 31.1% to US$202.5 million, from US$293.9 million in the fourth quarter of fiscal year 2021.
Total share-based compensation expenses allocated to the related operating costs and expenses decreased by 99.8% to US$0.1 million in the fourth quarter of fiscal year 2022 from US$80.3 million in the same period of fiscal year 2021.
Impairment loss on intangible assets and goodwill was US$32.6 million for the fourth quarter of fiscal year 2022, compared to US$71.5 million for the fourth quarter of fiscal year 2021.
Gross Profit
Gross profit decreased by 56.1% to US$343.1 million from US$781.2 million in the fourth quarter of fiscal year 2021.
(Loss)/Income from Operations
Income from operations was US$0.6 million in the fourth quarter of fiscal year 2022, compared to loss from operations of US$297.2 million in the fourth quarter of fiscal year 2021. Non-GAAP income from operations, which excluded share-based compensation expenses, was US$0.8 million, compared to Non-GAAP loss from operations of US$216.9 million in the same period of the prior year.
Other Income/ (Expense)
Other expense was US$0.7 million for the fourth quarter of fiscal year 2022, compared to other income of US$7.9 million in the fourth quarter of fiscal year 2021.
Impairment Loss on Long-term Investments
Impairment loss on long-term investments was US$97.8 million for the fourth quarter of fiscal year 2022, compared to US$6.2 million for the fourth quarter of fiscal year 2021.
Income Tax Benefit/ (Expense)
Income tax expense was US$29.9 million in the fourth quarter of fiscal year 2022, compared to US$80.5 million of income tax benefit in the fourth quarter of fiscal year 2021.
Net Loss Attributable to TAL Education Group
Net loss attributable to TAL was US$108.1 million in the fourth quarter of fiscal year 2022, compared to net loss attributable to TAL of US$169.0 million in the fourth quarter of fiscal year 2021. Non-GAAP net loss attributable to TAL, which excluded share-based compensation expenses, was US$108.0 million, compared to Non-GAAP net loss attributable to TAL of US$88.7 million in the fourth quarter of fiscal year 2021.
Basic and Diluted Net Loss per ADS
Basic and diluted net loss per ADS were both US$0.17 in the fourth quarter of fiscal year 2022. Non-GAAP basic and diluted net loss per ADS, which excluded share-based compensation expenses, were both US$0.17, in the fourth quarter of fiscal year 2022.
Cash, Cash Equivalents, and Short-Term Investments
As of February 28, 2022, the Company had US$1,638.2 million of cash and cash equivalents and US$1,070.5 million of short-term investments, compared to US$3,243.0 million of cash and cash equivalents and US$2,694.5 million of short-term investments as of February 28, 2021.
Deferred Revenue
The Company's deferred revenue balance was US$187.7 million, compared to US$1,417.5 million as of February 28, 2021, representing a year-over-year decrease of 87.2%.
Financial Results for the Fiscal Year Ended February 28, 2022
Net Revenues
For fiscal year 2022, TAL reported net revenues of US$4,390.9 million, representing a 2.3% decrease from US$4,495.8 million in the fiscal year 2021.
Operating Costs and Expenses
In the fiscal year 2022, operating costs and expenses were US$5,026.2 million, a 1.5% increase from US$4,953.5 million in the fiscal year 2021. Non-GAAP operating costs and expenses, which excluded share-based compensation expenses, were US$4,851.4 million, a 2.2% increase from US$4,748.5 million in the fiscal year 2021.
Cost of revenues grew by 7.6% to US$2,203.3 million from US$2,048.6 million in the fiscal year 2021. Non-GAAP cost of revenues, which excluded share-based compensation expenses, increased by 7.6% to US$2,202.2 million from US$2,046.8 million in the fiscal year 2021.
Selling and marketing expenses decreased by 33.4% to US$1,118.1 million from US$1,680.1 million in the fiscal year 2021. Non-GAAP selling and marketing expenses, which excluded share-based compensation expenses, decreased by 34.4% to US$1,064.3 million from US$1,623.4 million in the fiscal year 2021.
General and administrative expenses increased by 7.4% to US$1,199.7 million from US$1,117.3 million in the fiscal year 2021. Non-GAAP general and administrative expenses, which excluded share-based compensation expenses, increased by 11.2% to US$1,079.9 million from US$970.8 million in the fiscal year 2021.
Total share-based compensation expenses allocated to the related operating costs and expenses decreased by 14.7% to US$174.8 million in the fiscal year 2022 from US$204.9 million in fiscal year 2021.
Impairment loss on intangible assets and goodwill was US$505.1 million for the fiscal year 2022, compared to US$107.5 million for the fiscal year 2021.
Gross Profit
Gross profit decreased by 10.6% to US$2,187.6 million from US$2,447.2 million in the fiscal year 2021.
Loss from Operations
Loss from operations was US$614.5 million in the fiscal year 2022, compared to loss from operations of US$438.2 million in the prior year. Non-GAAP loss from operations, which excluded share-based compensation expenses, was US$439.7 million for the fiscal year 2022, compared to non-GAAP loss from operations of US$233.3 million in the fiscal year 2021.
Other Income
Other income was US$17.0 million for the fiscal year 2022. Other income was US$140.9 million for the fiscal year 2021.
Impairment Loss on Long-term Investments
Impairment loss on long-term investments was US$275.9 million for the fiscal year 2022, compared to US$24.6 million for the fiscal year 2021.
Income Tax Benefit/ (Expense)
Income tax expense was US$397.0 million in the fiscal year 2022, compared to US$69.9 million of income tax benefit in the fiscal year 2021.
Net (Loss)/Income Attributable to TAL Education Group
Net loss attributable to TAL was US$1,136.1 million in the fiscal year 2022, compared to net loss attributable to TAL of US$116.0 million in the fiscal year 2021. Non-GAAP net loss attributable to TAL, which excluded share-based compensation expenses, was US$961.3 million, compared to Non-GAAP net income attributable to TAL of US$89.0 million in the fiscal year 2021.
Basic and Diluted Net Loss per ADS
Basic and diluted net loss per ADS were both US$1.76 in the fiscal year 2022. Non-GAAP basic and Non-GAAP diluted net loss per ADS, which excluded share-based compensation expenses, were both US$1.49.
Extension of Share Repurchase Program by the Company
TAL's board of directors (the "Board") has authorized to extend its share repurchase program launched in April 2021 by 12 months. Since launch, the Company has repurchased approximately US$196.3 million of its American depositary shares under the share repurchase program. Pursuant to the extended share repurchase program, the Company may repurchase up to approximately US$803.7 million of its common shares through April 30, 2023. The share repurchases may be effected from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and will be implemented in accordance with applicable rules and regulations. The Company expects to fund the repurchases out of its existing cash balance.
Separately, the Company was also informed by senior management of the Company of their intention to use their personal funds to purchase up to an aggregate of US$100 million worth of the Company's common shares during a 12-month period following today, pursuant and subject to applicable laws and the Company's securities trading policy. The proposed share purchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.
Changes to Board Composition
TAL has announced the appointment of Ms. Janet Yan Feng to the Board and the resignation of Ms. Jane Jie Sun from the Board, both effective April 29, 2022. Ms. Feng will serve as the chairperson of the audit committee of the Board, a member of the compensation committee of the Board, and a member of the nominating and corporate governance committee of the Board.
"We are delighted to welcome Janet to the Board," said Mr. Bangxin Zhang, Founder, Director and Chief Executive Officer of TAL, "We believe Janet will bring significant value to TAL as we continue to transform our business. On behalf of the Board and the Company, I would also like thank Jane for her over-a-decade of service."
Ms. Janet Yan Feng currently serves as a senior vice president and the chief executive officer of the financial services business unit of Trip.com Group Limited (Nasdaq: TCOM), where she has held a number of general management and finance positions since 2004. Prior to that, Ms. Feng served as a senior audit manager at PricewaterhouseCoopers Zhong Tian LLP from 2000 to 2004. Ms. Feng received her MBA degree in 2008 and bachelor's degree in 2000 from Shanghai Jiao Tong University. Further, effective on April 29, Mr. Bangxin Zhang will serve as the chairman of the Board, whereas Mr. Yunfeng Bai will continue serving as a director.
Conference Call
The Company will host a conference call and live webcast to discuss its financial results for the fourth fiscal quarter of fiscal year 2022 ended February 28, 2022 at 8:00 a.m. Eastern Time on April 29, 2022 (8:00 p.m. Beijing time on April 29, 2022).
Please note that you will need to pre-register for conference call participation, using the link provided below. Upon registering, you will be sent participant dial-in numbers, Direct Event passcode and unique registrant ID by email.
Conference call registration link: http://apac.directeventreg.com/registration/event/5787527. It will automatically direct you to the registration page of "TAL Education Group Fourth Quarter of Fiscal Year 2022 Earnings Conference Call", where you may fill in your details for RSVP. When you are requested to submit a participant conference ID, please enter the number "5787527".
In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.
A live and archived webcast of the conference call will be available on the Investor Relations section of TAL's website at https://ir.100tal.com/.
A telephone replay of the conference call will be available through 9:59 a.m. on May 6, 2022, U.S. Eastern time (9:59 p.m. Beijing time on May 6, 2022).The dial-in details for the replay are as follows:
- U.S. toll free: +1-855-452-5696
- Hong Kong toll free: 800-963-117
- International toll: +61-2-8199-0299
Conference ID: 5787527
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of 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, TAL Education Group's strategic and operational plans contain forward-looking statements. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's ability to continue to provide competitive learning services and products; the Company's ability to continue to recruit, train and retain talents; the Company's ability to improve the content of current course offerings and develop new courses; the Company's ability to maintain and enhance its brand; the Company's ability to maintain and continue to improve its teaching results; and the Company's ability to compete effectively against its competitors. Further information regarding these and other risks is included in the Company's reports filed with, or furnished to the U.S. Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of this press release, and TAL Education Group undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.
About TAL Education Group
TAL Education Group is a smart learning solutions provider in China. The acronym "TAL" stands for "Tomorrow Advancing Life", which reflects our vision to promote top learning opportunities for students through both high-quality teaching and content, as well as leading edge application of technology in the education experience. TAL Education Group offers comprehensive learning services to students from pre-school to the twelfth grade primarily through three flexible class formats: small classes, personalized premium services, and online courses. Our learning services mainly cover enrichment learnings programs and some academic subjects in and out of China. Our ADSs trade on the New York Stock Exchange under the symbol "TAL".
About Non-GAAP Financial Measures
In evaluating its business, TAL considers and uses the following measures defined as non-GAAP financial measures by the SEC as supplemental metrics to review and assess its operating performance: non-GAAP operating costs and expenses, non-GAAP cost of revenues, non-GAAP selling and marketing expenses, non-GAAP general and administrative expenses, non-GAAP income from operations, non-GAAP net income attributable to TAL, non-GAAP basic and non-GAAP diluted net income per ADS. To present each of these non-GAAP measures, the Company excludes share-based compensation expenses. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of non-GAAP measures to the most comparable GAAP measures" set forth at the end of this release.
TAL believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based expenses that may not be indicative of its operating performance from a cash perspective. TAL believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to TAL's historical performance and liquidity. TAL computes its non-GAAP financial measures using the same consistent method from quarter to quarter and from period to period. TAL believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using non-GAAP measures is that these non-GAAP measures exclude share-based compensation charges that have been and will continue to be for the foreseeable future a significant recurring expense in the Company's business. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.
For further information, please contact:
Jackson Ding
Investor Relations
TAL Education Group
Tel: +86 10 5292 6669-8809
Email: ir@tal.com
View original content:
SOURCE TAL Education Group | https://www.wibw.com/prnewswire/2022/04/29/tal-education-group-announces-unaudited-financial-results-fourth-fiscal-quarter-fiscal-year-2022/ | 2022-04-29T11:15:52Z |
US House Speaker Nancy Pelosi and several other Congress members are visiting Singapore on Monday, their first official stop in a high-profile Asia tour that has attracted international attention over speculation she may visit Taiwan.
The delegation's two-day visit to Singapore will include meetings with Singaporean President Halimah Yacob and Prime Minister Lee Hsien Loong, along with a number of cabinet ministers, according to Singapore's Foreign Ministry.
Pelosi is also expected to attend a cocktail reception held by the American Chamber of Commerce in the city-state on Monday afternoon.
Before arriving in the Indo-Pacific, Pelosi's delegation stopped by Hawaii, according to a statement from her office on Sunday.
The delegation also plans to visit Malaysia, South Korea and Japan, where high-level meetings would be held to address "shared interests," including trade, the Covid-19 pandemic and the climate crisis, according to Pelosi's office.
Speculation has swirled for weeks that Pelosi, who is second in the line of presidential succession behind the vice president, might be planning to visit the self-governing democratic island.
China's Communist Party, which claims Taiwan as part of its territory -- despite never having controlled it -- has repeatedly warned against Pelosi visiting the island, vowing to take "resolute and forceful measures" if the trip goes ahead.
Some US officials are worried that the reported visit would be met with a military response from China, potentially triggering the worst cross-strait crisis in decades.
During a phone call between US President Joe Biden and Chinese leader Xi Jinping last Thursday, Xi warned the US not to "play with fire" on the Taiwan issue -- though neither side confirmed if Pelosi's reported plans were discussed. Preparation for the call predated reports of the possible trip.
When asked about Pelosi's possible visit on Monday, Taiwan's Premier Su Tseng-chang did not confirm whether she might stop there and reiterated that Taipei welcomes foreign guests. "The government warmly welcomes any foreign VIP friends to visit our country," Su told reporters.
Traveling alongside Pelosi as part of the Congressional delegation are Chairman Gregory Meeks (Chair of the House Foreign Affairs Committee), Chairman Mark Takano (Chair of the House Committee on Veterans' Affairs), Congresswoman Suzan DelBene, Congressman Raja Krishnamoorthi, and Congressman Andy Kim.
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accounts, the history behind an article. | https://www.albanyherald.com/news/nancy-pelosi-kicks-off-high-profile-asia-trip-with-singapore-visit/article_e024048d-fd50-5cd4-8594-44b8188cadfa.html | 2022-08-01T06:25:41Z |
Rotary Club of Belton
The Rotary Club of Belton meets Tuesdays at noon at The Gin at Nolan Creek, 219 S. East St. Belton.
The guest speaker for the June 14 meeting will be Randy Pittenger, president of the Belton Chamber of Commerce.
Rotarians and guests are welcome.
Colonial Dames
The Gov. Samuel Mathews Colonial Dames XVII Century Chapter recently met at the Bell County Museum in Belton. Patsy Palmer, scholarship chairman, presented Leticia Barros with the chapter’s scholarship. She will graduate from Temple High School and plans to attend Temple College to become a pediatric nurse. She was accompanied by her mother, Claudiane Barros.
The chapter received multiple awards from the National Society Colonial Dames XVII Century Texas State Society. Special certificates were awarded to Vicki Harlan, Excellence in Chapter Leadership; Ellen Truesdale, outstanding service and appreciation in public relations; two awards for appreciation from Veteran Service Committee; a certificate for achievement and excellence in support of education; and two certificates for outstanding programs commemorating heroic deeds of our ancestors. The Gov. Samuel Mathews Chapter also received 18 first place certificates, five second place certificates and five third place certificates in Division II.
Chapter President Vicki Harlan recently gave a program titled “Medicine in Colonial America”.
The program focused on the many medical treatments used by colonists, including bloodletting, forced vomiting, purging and blistering.
Members are reminded to pay their dues. The group’s next meeting will be in October.
National Association of Retired and Veteran Railway Employees
The National Association of Retired and Veteran Railway Employees will meet Thursday at Sam’s Southern Eatery, 221 SW HK Dodgen Loop in Temple.
Group members will dine at noon and the meeting will start at 1 p.m. For information contact Buddy Stewart at robmed@embarqmail.com or call 254-657-2773.
Newcomers Club
The Newcomers Club, Inc. is looking for new members and extends a warm welcome to ladies that are new (within the past three years) to Bell County and surrounding counties. The group also welcome ladies that have just retired, are recent empty nesters, or have experienced another life change within the past three years and would like to connect with other ladies. Join the fun and check out the Newcomers Club Inc. at www.bellcountynewcomers.com. For information about joining, contact Jan Fisher at 2txgrl@gmail.com or 951-751-4002.
Upcoming group activities are: 6/13 Bookworms; 6/15 Popcorn Bridge; 6/17 Trail Blazers; 6/18 Exploring Wines; 6/20 Snack Time Mah Jongg; 6/21 Bunco; 6/22 Fun Lunch; 6/23 Heritage Seekers; 6/25 Sassy Singles; and 6/27 Well-Read Women, Crocket & Knit, and Monday Canasta.
Temple Breakfast Lions Club
The Temple Breakfast Lions Club meets the first and third Thursdays of each month in the Ava room at the Hilton Garden Inn, 1749 Scott Boulevard in Temple. The group gathers at 7 a.m. to order breakfast and the meeting starts at 7:30 a.m.
Meetings also are broadcast by the Zoom online meeting platform. For information email Lmeeker53@gmail.com. Meetings are open to the public and the club is open to anyone with a heart for service.
Leedale EE Club
The Leedale EE Club will meet at 11 a.m. Monday at Clem Mikeska Bar-B-Q, 1217 S. 57th St. in Temple for the group’s annual social gathering.
A short information session will update members on current activities followed by a meal.
Tanglefoot EE Club
The Tanglefoot EE Club will meet at 10 a.m. on Monday at St. Luke’s Catholic Church, 2807 Oakdale Drive in Temple.
The hostesses are Nora Sodek and Lora Blacklock. Group members will order hamburgers after the meeting.
The meeting is open to anyone interested in volunteering and working with 4-H and the Bell County Extension Agent for education.
Tejas EE Club
The Tejas EE Club of the Bell Extension Education Association will meet at 9:30 a.m. Tuesday at Plantation Square Apartments, 2411 S. 61st St. in Temple.
Members will review the discussion of the BEEA meeting held on June 6 and will work on place cards honoring the Fourth of July for a local nursing home.
Jane Vancil and Mary Stuessel will represent the local club at the District 8 Spring Retreat in Stephenville.
Bell County Genealogical Society
The Bell County Genealogical Society will meet at 6 p.m. on Tuesday, June 21, at the Cotton Patch restaurant at the Temple Mall, 3111 S. 31st St. in Temple.
John Birch Society
The John Birch Society’s next meeting originally scheduled for June 14 at Dynasty Restaurant in Temple has been postponed.
A new date has not been set. For information contact chapter leader Jan Carter at jkcarter41@gmail.com or call 409-718-8518.
Club news items may be submitted by emailing living@tdtnews.com. All items are due by noon Monday. | https://www.tdtnews.com/life/article_5f7fa2a8-e83b-11ec-9d11-9b59c75bd88e.html | 2022-06-12T09:43:55Z |
Votes needed for local program to help formerly incarcerated women reintegrate
TOPEKA, Kan. (WIBW) - A local foundation has asked the public to take to the internet to vote for a program that helps women who were incarcerated reintegrate into their communities.
The Rotary Against Human Trafficking Foundation says its Intersection to Care After Incarceration project has been chosen as a State Farm Neighborhood Assist Top 200 Finalist and needs the community’s help to secure funding.
“More than 50 women are released from jail in Shawnee County every month without any kind of reintegration plan. We want to change that,” Patti Mellard, Rotary Against Human Trafficking Chair, said. “Offering the right kind of support and connections helps them on a path to productive, healthy lives—and in turn helps our community be safer and more prosperous.”
The Foundation said its program to support women who leave incarceration helps those who are extremely vulnerable and are usually on their own. It said the grant from State Farm is crucial to the program’s sustainability.
To receive the grant, the Foundation said it needs members of the community to rally friends and neighbors to vote online for the program. Voting will run from 12 a.m. ET on Wednesday, April 27, through 11:59 p.m. ET on Friday, May 6. Anyone 18 years and older with a valid email address can vote up to 10 times per day.
“We have until May 6 at 11:59 p.m. ET to rally these votes,” Mellard said. “We need everyone’s support.”
On June 7, the Foundation said the top 100 vote-receiving causes will be announced and awarded a $25,000 grant.
“Women leaving incarceration are extremely vulnerable because they have experienced trauma; many have been sold for sex,” Mellard continued. “They leave incarceration with only the clothes they wore coming to jail, no food, money, phone, transportation, or housing. Traffickers offering basic needs in exchange for sexual servitude are likely very tempting.” This funding will provide immediate, basic needs in the form of clothing, food vouchers, prepaid phones, and bus fare. Women will then be welcomed into a reintegration program that includes wrap-around services and mentorship.”
“This grant will enable us to provide necessities to these women and help them on the path of stabilization and productive reintegration into the community,” she concluded. “This would be a huge win for Shawnee County and for Kansas.”
To vote for the Rotary Against Human Trafficking Foundation’s Intersection to Care After Incarceration program, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/22/votes-needed-local-program-help-formerly-incarcerated-women-reintegrate/ | 2022-04-22T22:24:36Z |
SEATTLE, Aug. 16, 2022 /PRNewswire/ -- Aviation Partners Boeing (APB) and Delta Air Lines, Inc. (Delta) share a commitment to reduce aircraft carbon emissions. Today, APB is excited to announce Delta's recent agreements to purchase Split Scimitar Winglets for its 737-800 fleet and for a number of recently acquired 737-900ER aircraft. Delta also recently agreed to purchase Scimitar Blended Winglets for up to 70 of Delta's 757-200 aircraft. Both the Split Scimitar Winglets and Scimitar Blended Winglets are upgrades to APB's ubiquitous Blended Winglets. Delta has previously purchased and installed APB winglet products on its 737-800, 737-900ER, 757-200, 757-300 and 767-300ER fleets. APB is proud that Delta has, once again, turned to APB's winglet products across its fleets to deliver savings in jet fuel consumption and gains in fuel efficiency.
"The recent challenges for the industry have forced many airlines to focus on efforts other than emissions reduction and operational efficiency" said Craig McCallum, Aviation Partners Boeing senior director of sales and marketing. "Delta's recent agreements to purchase additional APB winglet products is a clear indication of Delta Air Lines' unwavering dedication to building a more sustainable future for air travel."
"We could not be more excited and honored to continue our partnership with Delta Air Lines to reduce aircraft fuel consumption and carbon emissions. We are inspired by Delta's ambitious sustainability goals and extremely grateful for their continued endorsement of APB products," says Aviation Partners Boeing chief commercial officer, Patrick LaMoria.
Since forming in 1999, airlines worldwide have placed orders for over 9,500 of APB visual technology winglet systems. APB estimates that its products have reduced aircraft fuel consumption worldwide by over 13.4 billion gallons to-date thereby saving over 141 million tons of carbon dioxide emissions.
Aviation Partners Boeing is a Seattle based joint venture of Aviation Partners, Inc. and The Boeing Company.
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SOURCE Aviation Partners Boeing | https://www.mysuncoast.com/prnewswire/2022/08/16/delta-air-lines-partners-with-aviation-partners-boeing-support-sustainability-goals/ | 2022-08-16T07:19:13Z |
US-UK relations enter new chapter as new PM, king settle in
WASHINGTON (AP) — President Joe Biden headed to the United Kingdom on Saturday to pay his respects to Queen Elizabeth II at a time of transition in US-UK relations, as both a new royal and a new prime minister are settling in.
The hawkish approach of Prime Minister Liz Truss to Russia and China puts her on the same page as Biden. But the rise of Truss, 47, who once called the US-UK relationship “special but not exclusive,” could mark a decidedly new chapter in the trans-Atlantic partnership on trade and more.
Of high concern for Biden officials in the early going of Truss’s premiership is her backing of legislation that would shred parts of the post-Brexit trading arrangements in Northern Ireland. Analysts say the move could cause deep strain between the UK and the European Union, and undermine peace in Northern Ireland. White House press secretary Karine Jean-Pierre said the move “would not create a conducive environment” for crafting a long-awaited U.S.-UK trade deal coveted by Truss and her Conservative Party.
“She’s signaled that she’s willing to go to the mattresses on this and that’s going to cause a rift not just between the UK and EU, but the UK and the U.S.,” said Max Bergmann, director of the Europe program at the Center for Strategic and International Studies in Washington and a former senior State Department official in the Obama administration. “It’s one that’s going to keep the White House up at night.”
Biden and Truss had been set to meet Sunday, but the prime minister’s office said Saturday they would skip the weekend hello, opting instead for a meeting at the U.N. General Assembly on Wednesday, though Truss still planned to gather with other world leaders converging on London for the royal funeral. The White House confirmed the U.N. meeting just as the president boarded Air Force One.
The two close allies now find themselves in a period of political uncertainty on both sides of the Atlantic. Not unlike his fellow septuagenarian Biden, King Charles III faces questions from the public about whether his age will limit his ability to faithfully carry out the duties of the monarch.
Charles, 73, and Biden, 79, discussed global cooperation on the climate crisis last year while both attended a summit in Glasgow, Scotland. They also met at Buckingham Palace in June 2021 at a reception the queen hosted before a world leaders’ summit in Cornwall.
Truss finds herself, as Biden does, facing questions about whether she has what it takes to lift a country battered by stubborn inflation borne out of the coronavirus pandemic and exacerbated by Russia’s invasion of Ukraine unleashing chaos on the global energy market.
All the while, Britain — and the rest of Europe — is carefully watching to see what the upcoming U.S. midterm elections will bring for the Democratic American president after he vowed upon taking office that “America is back” to being a full partner in the international community after four years of Republican Donald Trump pushing his “America First” worldview.
“It certainly is a time of change and transformation in the UK,” said Barbara A. Perry, presidential studies director at the University of Virginia’s Miller Center. She added, “We don’t know what will happen in our midterms. We don’t know what will happen in 2024.”
Truss, a former accountant who was first elected to Parliament in 2010, hasn’t had much interaction with Biden. The U.S. president called her earlier this month to congratulate her. Truss, as foreign secretary, accompanied her predecessor, Boris Johnson, on a White House visit last year.
It’s been more than 75 years since Winston Churchill declared there was a “special relationship” between the two nations, a notion that leaders on both sides have repeatedly affirmed. Still, there have been bumps along the way.
Tony Blair was derisively branded by the British tabloids as George W. Bush’s “poodle” for backing the 2003 American-led invasion of Iraq. David Cameron and Barack Obama had a “bromance,” but Obama also had his frustrations with the Brits over defense spending and the UK’s handling of Libya following the 2011 ouster of Muammar Gaddafi.
Margaret Thatcher and Ronald Reagan forged a close alliance in the midst of the Cold War, with the prime minister once telling students that the Republican president’s “really good sense of humor” helped their relationship. But there were difficulties too, such as when Thatcher and members of her Cabinet bristled at the Reagan administration’s initial neutrality in the Falklands War.
The White House wasn’t expecting Truss’s announcement in May, when she was foreign secretary, that the government would move forward with legislation that would rewrite parts of the Northern Ireland Protocol. The agreement was part of the UK’s 2020 Brexit withdrawal from the EU that was designed to avoid a hard north-south border with Ireland that might upset Northern Ireland’s fragile peace.
Now, in the first weeks of Truss’s premiership, Biden administration officials are carefully taking the measure of the new British leader. Analysts say there is some trepidation in the administration that undercutting the Northern Ireland protocol could plunge Europe into trade turmoil at a moment when Biden is working mightily to keep the West unified in confronting Russia over its aggression against Ukraine.
“Brexit could once again become the issue -- the issue that can make it difficult for all of Europe to work together at a time when it is critical for Europe to work together,” Bergmann said. “If you’re the Biden administration, this is not the time for the two of your closest partners getting into fights.”
To be certain, there were areas of friction between Biden and Johnson, who had a warm rapport with former President Donald Trump.
Biden staunchly opposed Brexit as a candidate and had expressed great concern over the future of Northern Ireland. Biden once even derided Johnson as a “physical and emotional clone” of Trump.
Johnson worked hard to overcome that impression, stressing his common ground with Biden on climate change, support for international institutions and most notably by making certain Britain was an early and generous member of the U.S.-led alliance providing economic and military assistance to Ukraine in the aftermath of the Russian invasion.
The former prime minister also unsuccessfully pressed Biden starting days into his administration to begin negotiations on a new U.S.-UK trade deal just as the U.K. regained control over its national trade policy weeks before Biden took office and following the end of a post-Brexit transition period.
But Biden largely kept focus on his domestic to-do list in the early going of his presidency—passing trillions in spending on coronavirus relief, infrastructure, and more—and put negotiations on trade deals on the back burner.
Elliot Abrams, chairman of the conservative foreign policy group Vandenberg Coalition, said that Truss needs Biden to make a new U.S.-UK trade deal a priority. Queen Elizabeth’s funeral won’t be the setting for tough bilateral conversations, but it still marks a moment for the two leaders’ to begin taking stock of each other.
Truss, who succeeded Johnson after he was forced to resign in the face of a string of scandals, has lagged in the opinion polls. She also won her election with a smaller margin than her recent predecessors and is looking for an early win.
“I think if I were (Truss), I want recognition of the leading role Britain’s played, far more than any other country outside the United States in supporting Ukraine,” said Abrams, who served in senior national security and foreign policy roles in the Trump, George W. Bush and Reagan administrations. “And I think I’d want some positive economic message to give the British people, which could be that the free trade agreement negotiations are starting.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/09/17/us-uk-relations-enter-new-chapter-new-pm-king-settle/ | 2022-09-17T17:50:03Z |
Failure of veterans health care bill in Senate angers supporters
(CNN) - In a surprise move, a bill that would have expanded health care and disability benefits for millions of veterans was blocked.
The “Honoring Our Promise to Address Comprehensive Toxics Act of 2022,” also known as the “PACT Act,” was expected to pass the Senate Wednesday night, but in an 11th hour change, a procedural vote on the bill failed.
The bill needed 60 votes to advance, but the vote was 55-42 on Wednesday night.
It’s now an uphill battle to expand health care and disability benefits for veterans exposed to toxic burn pits at and near U.S. military bases overseas.
“There are going to be veterans who die between now and when this bill is passed,” said Sen. Jon Tester, D- Montana.
Activist Jon Stewart called opponents of the bill “cowards.”
“This is an embarrassment to the Senate, to the country, to the founders and all that the process to hold dear,” he said.
Open air pits were used to burn everything from trash to human waste to chemicals at military sites.
It’s estimated 3.5 million service members were exposed in Iraq and Afghanistan.
Veteran Rafael Barbosa is among those battling an invisible wound of war.
He said he believes his stage four colon cancer was caused by burn pit exposures.
“There were some soldiers that were just sitting there in that space with this fume, toxic fume cloud over them for over a year. And now that I know, when I think about that in retrospect it’s honestly horrifying,” Barbosa said.
Advocates say that if eventually passed, the long-awaited legislation would make it easier for veterans to seek medical coverage.
“It takes away the burden on the soldier so that they can focus on fighting for their life or so that their family can focus on grieving and healing,” said Amanda Barbosa, wife of Rafael Barbosa.
It would also expand screening.
“And that could have been the difference between stage two colon cancer, which is survivability in the 90s. And what I ended up with, which is stage four, which survivability in the low teens, big difference,” Rafael Barbosa said.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/29/failure-veterans-health-care-bill-senate-angers-supporters/ | 2022-07-29T13:26:01Z |
Cavs overcome injuries, show promise in bounce-back season
By TOM WITHERS
AP Sports Writer
CLEVELAND (AP) — The Cavaliers missed the playoffs again. That doesn’t tell the story of their season. Cleveland doubled up its win total from last year despite a slew of injuries and just missed the postseason. With a young, talented core led by All-Star guard Darius Garland and forward Evan Mobley, one of the frontrunners for rookie of the year, the future is bright in Cleveland. Coach J.B. Bickerstaff lost leading scorer Collin Sexton and veteran guard Ricky Rubio to season-ending injuries and played 29 different starting lineups due to injuries. But the Cavs stayed together through the adversity and came up one win short of a playoff berth. | https://localnews8.com/sports/ap-national-sports/2022/04/16/cavs-overcome-injuries-show-promise-in-bounce-back-season/ | 2022-04-16T21:13:39Z |
SAN DIEGO, Sept. 14, 2022 /PRNewswire/ -- Ron Fowler, Chairman and CEO of Liquid Investments, Inc. and the former Executive Chairman and co-owner of the San Diego Padres, and his wife Alexis, have made another generous donation to the University of San Diego (USD). Through a series of gifts that now total $6.5 million, the Fowlers' support will make the University an epicenter for social innovation and entrepreneurship focused on preparing the next generation of changemakers.
The impactful gifts will fund an endowment for The Knauss School of Business' Fowler Business Concept Challenge, where scholarships are awarded to students whose nascent entrepreneurial ideas have the potential to make a positive impact on the world. The donation will also endow the Kroc School of Peace Studies' Fowler Global Social Innovation Challenge, where students from universities all over the world design and pitch social ventures that seek to tackle humanity's greatest challenges through innovative solutions.
The USD community is extremely grateful to the Fowler family. Over the years, they have contributed tremendously to the growth and success of the Fowler Global Social Innovation Challenge and the Fowler Business Concept Challenge. The Fowlers' initial gift to USD's entrepreneurship programming was instrumental in seeding the Catalyzer (housed under The Knauss School of Business' Free Enterprise Institute) which focuses on creating an entrepreneurial mindset among USD students. Many students have benefitted through these entrepreneurial initiatives. New social ventures and socially responsible businesses exist because of them. The Fowler family also funded USD's state-of-the-art baseball stadium, Fowler Park.
"At the University of San Diego, we are innovative Changemakers. It's in our vision statement. It's our true north and informs the decisions we make and the paths that we take," says USD President James T. Harris III, DEd. "This means we spark the ideas and passions of our students that will help them foster a more sustainable and prosperous future, both locally and abroad. We deeply appreciate the generosity of Ron and Alexis as well as their dedication to the entrepreneurial ambitions of Toreros, today and for generations to come."
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SOURCE University of San Diego | https://www.kxii.com/prnewswire/2022/09/14/visionary-san-diego-philanthropists-ron-alexis-fowler-donate-65-million-university-san-diego-support-entrepreneurship-better-world/ | 2022-09-14T11:35:43Z |
Semi-trailer buckles along I-135 in Central Kansas
Published: Aug. 19, 2022 at 12:19 PM CDT|Updated: 15 minutes ago
SALINA, Kan. (WIBW) - The trailer of a semi-truck buckled and collapsed along I-135 in Saline Co. on Friday morning.
The Kansas Highway Patrol says troopers worked a unique case on Friday morning, Aug. 19, on I-135 just south of I-70 in Saline Co.
According to officials on the scene, the trailer of a northbound semi-truck collapsed and buckled in half.
KHP noted that there were no traffic delays as the truck was able to maneuver into the closed portion of a construction zone. However, drivers have been urged to slow down as first responders assist and attempt to clear the scene.
KHP has not released the cause of the collapse.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/19/semi-trailer-buckles-along-i-135-central-kansas/ | 2022-08-19T17:35:33Z |
A look at what’s happening around the majors on Tuesday:
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THE YEAR AFTER
As they wait for star outfielder Ronald Acuña Jr. to return from knee surgery, the World Series champion Atlanta Braves (7-10) are off to a slow start. Following a day off, they send left-hander Max Fried (1-2, 3.50 ERA) to the mound at home in a series opener against the Chicago Cubs.
The two-time Gold Glove winner lost his first two outings this season — at home to punchless opponents Cincinnati and Washington, no less — before rebounding last Tuesday in a homecoming at Dodger Stadium. Fried retired his first 15 batters and threw seven scoreless innings of two-hit ball with eight strikeouts in a 3-1 win.
Acuña has been hitting well in the early stages of his rehab assignment at Triple-A Gwinnett and is targeting a May 6 return to the majors.
MISTER ZERO
Marlins right-hander Sandy Alcantara (1-0, 1.86 ERA) has pitched 14 consecutive shutout innings heading into his fourth start of the season. He faces Juan Soto and the last-place Nationals (6-12), who have dropped five straight and been outscored 100-62 this season. Josiah Gray (2-1, 3.14) goes for Washington in the opener of a three-game series.
BAY PLAY
Carlos Rodón gets his first taste of the Bay Bridge rivalry when he pitches for the Giants at home against the A’s.
An All-Star last season with the White Sox, the 29-year-old lefty is 2-0 with a 1.06 ERA in three starts. He’s also struck out 29 in 17 innings.
San Francisco returns home after going 8-3 on a four-city road trip that included a 4-2 win Monday on a one-game visit to Milwaukee for a rescheduled game.
Daulton Jefferies (1-2, 1.17) starts for Oakland. Now in his third season, he’s technically still a rookie. The 26-year-old righty has allowed no more than two runs in each of his three starts this season.
WINDY CITY REVIVALS?
White Sox lefty Dallas Keuchel and Cubs newcomer Marcus Stroman hope to bounce back from rugged starts this season.
Keuchel (1-1, 15.00 ERA) was tagged 10 hits and 10 runs — seven earned — in an inning at Cleveland last week. The 34-year-old former Cy Young Award winner starts in Chicago against the Royals.
Stroman (0-2, 8.78 ERA) makes his fourth start for the Cubs when they take on Atlanta to begin a six-game road trip. LHP Max Fried (1-2, 3.50 ERA) pitches for the Braves.
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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-braves-off-to-slow-start-alcantara-sharp/ | 2022-04-26T23:07:54Z |
Company's new camera-based lottery terminal will be deployed with Santa Casa da Misericórdia de Lisboa
LONDON, Aug. 16, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT") announced today that its subsidiary, IGT Global Solutions Corporation, has signed an agreement with Santa Casa da Misericórdia de Lisboa ("SCML") to debut IGT's innovative Retailer Vue™ lottery terminal in Portugal, following a competitive procurement. The delivery of up to 7,200 camera-based terminals is expected to be completed in 2023.
IGT's Retailer Vue lottery terminal has a built-in 13.3 megapixel camera that can read playslips, winning tickets, identification cards and mobile devices, freeing up retail counter space by eliminating the need for additional hardware and cables. Modernizing the retail lottery space, the Retailer Vue reduces the barrier between a player and clerk with an open design allowing for player and retailer interaction and enabling transparent, contactless transactions.
"In today's ever-evolving lottery landscape, it is important that IGT provides SCML with high-performing solutions to meet present and future market needs," said Jay Gendron, IGT Chief Operating Officer, Global Lottery. "IGT's Retailer Vue combines convenience and transparency with key features designed to increase productivity and modernize the lottery retail experience for SCML. We look forward to our continued partnership with SCML and the world debut of our new terminal which will benefit the Lottery, its retailers and players while driving maximum sales growth and contributions toward good causes."
IGT's Retailer Vue terminal is compatible with in-store advertising displays allowing the Lottery to promote its products and jackpots at the point of sale. Additionally, retailers will benefit from the Retailer Vue's intuitive touchscreen interface and its ability to complete fast and efficient sales transactions. The Retailer Vue also enables players to interact directly with the terminal and with its ability to read printed and digital barcodes, which enhances player confidence and transparency with each sale.
As the global lottery market leader, IGT has more than 475,000 point-of-sale terminals in customer jurisdictions worldwide. For more information, visit IGT.com and follow us on Facebook and LinkedIn.
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall", "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2021 and other documents filed from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
Contact:
Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, Italian media inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190
© 2022 IGT
The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.
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SOURCE International Game Technology PLC | https://www.wibw.com/prnewswire/2022/08/16/igt-leads-future-lottery-retail-portugal-via-7200-retailer-vue-terminal-contract/ | 2022-08-16T11:39:30Z |
Credit Union to Award $150,000 to 20 Metro Atlanta Nonprofits in 2023
ATLANTA, July 1, 2022 /PRNewswire/ -- Delta Community Credit Union (www.DeltaCommunityCU.com), Georgia's largest credit union with more than $9 billion in assets, is now accepting applications for grants in its 10th annual Philanthropic Fund program.
In 2023, the program will distribute a total of $150,000 to 20 metro Atlanta non-profit organizations committed to the health and well-being of young people, financial literacy and education.
"Delta Community remains committed to investing in programs that provide financial literacy training, educational enrichment for children and adults, and health and human services that improve the quality of life for tens of thousands of people who live in the communities we are privileged to serve," said Delta Community CEO Hank Halter.
Since its inception, the Delta Community Philanthropic Fund has invested $885,000 in 188 metro Atlanta non-profit organizations, in addition to investing in local communities through two scholarship programs and sponsorships of chambers of commerce, industry partners and civic organizations.
Applications for a 2023 Delta Community Philanthropic Fund grant must be submitted via an online portal at www.DeltaCommunityCU.com/PhilanthropicFund before 5:00 p.m. ET on Wednesday, Aug. 31, 2022.
Delta Community Credit Union is a not-for-profit financial cooperative with a mission of providing better service and value on the products consumers use to manage household expenses and save for the future. Founded in 1940, Delta Community is Georgia's largest credit union with more than 460,000 members, 29 metro Atlanta branches and three out-of-state branch locations. It welcomes anyone living or working in metro Atlanta as well as employees of more than 130 businesses including Chick-fil-A, Delta Air Lines, RaceTrac and UPS. Visit www.DeltaCommunityCU.com to open an account or follow the Credit Union on Facebook at www.facebook.com/DeltaCommunity and Twitter at @DeltaCommunity.
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SOURCE Delta Community Credit Union | https://www.mysuncoast.com/prnewswire/2022/07/01/delta-community-launches-10th-annual-philanthropic-fund/ | 2022-07-01T14:52:55Z |
ATLANTA — Independence Day will be the second-busiest since 2000, as travel volumes continue to trend upwards with no sign of slowing down. AAA predicts 1.5 million Georgians will travel 50 miles or more during the holiday weekend (June 30—July 4). That’s 3.3% more than last year’s holiday, and a little more than 4% since 2019.
“The volume of travelers expected over Independence Day is a definite sign that summer travel is kicking into high gear,” Debbie Haas, vice president of travel for AAA—The Auto Club Group. “Earlier this year, we started seeing the demand for travel increase, and it’s not tapering off. People are ready for a break and, despite things costing more, they are finding ways to still take that much needed vacation.”
While all modes of transportation are forecast to be stronger than last year, the biggest surprise is auto travel. Despite record high gas prices, AAA forecasts more than 1.3 million Georgians will take a holiday road trip — the most on record, dating back to 2001.
Although air travel is forecast to be 1.5% stronger than last year, domestic traveler volumes are expected to remain well below pre-pandemic levels. Recent issues with air travel and ongoing concerns of cancelations and delays are likely the catalyst.
“Traveling by car does provide a level of comfort and flexibility that people may be looking for given the recent challenges with flying,” Haas said. “But not all destinations are within driving distance, which doesn’t mean you have to abandon your vacation plans. The best advice we can give travelers is to consider working with a travel agent who can help plan for the unexpected — like a flight cancelation. They are your best advocate.”
Nationwide, travel volumes follow similar trends. AAA forecasts 47.9 million people will travel 50 miles or more from home over the holiday weekend. This is an increase of 4% over 2021, bringing travel volumes just shy of those seen in 2019. Nationally, auto travel is also forecast to set new records.
Travel Prices:
Air — AAA finds that the average lowest airfare is 14% more than last year coming in at $201/ticket.
Hotels — Mid-range hotel rates are about 23% more than last year, with the average lowest nightly rates coming in at $244/night for AAA Approved Hotels.
Gas Prices — Independence Day gas prices are forecast to be the most expensive for the holiday in history. Pump prices are 52% more expensive than a year ago. On Monday, the state average was $4.47. During recent years, the state average on July 4th was $2.91 (2021) and $2.58 (2019).
Car Rentals — Since last year, the average daily rate for car rentals have continued to increase. With more people traveling, these prices remain on the rise due to continued supply chain issues coupled with growing demand. While daily car rental rates have decreased 34% compared to last year, with the average lowest rate coming in at $110/day, rates are $40 more/day on average than in 2019.
With crowded roads and busy airports, AAA wants to help prepare travelers so they can have a stress-free July 4th celebration. It is important travelers are prepared and flexible to minimize stress and enjoy the holiday. AAA offers the following advice:
Have a plan A, B and C. Flights, car rentals, accommodations, tours, cruises and other activities are in high demand and availability may be limited, which will impact pricing. Finding last-minute deals is unlikely so it’s recommended to look for discounts and rewards, usually available through a membership like AAA. This is also another time when travel agents are a great resource since they may know of a deal that may not be readily available to the public.
Avoid the rush. Travel on off-peak times or days or pick a hidden gem closer to home. Based on AAA booking data, Friday, July 1 is shaping up to be the busiest day for air travel during the holiday weekend with Monday, July 4 being the lightest. For those hitting the road, the Thursday and Friday before the holiday are anticipated to be peak traffic days. If you’re flying, plan to arrive several hours early at the airport.
AAA booking data reveals that big cities and international classics are top destinations this Independence Day. AAA data show that bookings for air, car rentals, cruise, hotel and tours are up 60% over last year for the top domestic Independence Day destinations and up 252% for international.
Drivers should expect the longest travel delays heading into the holiday weekend, particularly during the afternoons of June 30 and July 1 as commuters leave work early and mix with holiday travelers. Drivers in major U.S. metros could experience double the travel times compared to a normal trip.
“Even with gas hitting record prices, travelers are still eager to hit the road this summer,” INRIX Transportation Analyst Bob Pishue said. “We expect nationwide travel times to increase about 50% compared to normal. Drivers around major metro areas must be prepared for significantly more delays. Knowing when and where congestion will build can help drivers avoid the stress of sitting in traffic. Our advice is to avoid traveling on Thursday and Friday afternoon.”
For those traveling this Independence Day, it’s important to keep safety in mind for yourself and others. It’s easy to lose patience, but remember everyone has a common goal — kicking off their summer vacation safely.
For purposes of this forecast, the Independence Day holiday travel period is defined as the five days from June 30 to July 4. The five-day holiday length is consistent with previous holiday periods. | https://www.albanyherald.com/features/despite-higher-costs-july-4-holiday-travel-expected-to-trend-upwards/article_28e6017a-f19a-11ec-9d5a-07da6e36617c.html | 2022-06-21T20:36:34Z |
2Q 2022 Net Income of $17.5 million
Strong Loan Growth, Expanding Net Interest Margin, Favorable Credit Trends and More Normalized Provision
HONOLULU, July 29, 2022 /PRNewswire/ -- American Savings Bank, F.S.B. (ASB), a wholly owned subsidiary of Hawaiian Electric Industries, Inc. (NYSE: HE), today reported second quarter 2022 net income of $17.5 million. ASB grew net interest income compared to the first quarter of 2022 and the second quarter of 2021, benefiting from strong loan growth and a rising interest rate environment, while credit quality has improved. With the bank's loan growth, the quarter also saw a return to a more normalized provision expense following five consecutive quarters of negative provision.
"Our second quarter results reflect solid execution from our team and an earnings level that is driven by a more normalized provision in comparison to recent periods," said Ann Teranishi, president and chief executive officer of ASB. "We saw strong loan growth across our portfolio during the quarter, and credit quality has been trending favorably," said Teranishi. "We continue to make progress in our digital transformation to meet our customers' needs, including our recent launch of Zelle in our mobile banking platform, providing a fast, safe and easy way for customers to send and receive money with those they trust."
Financial Highlights
Net income in the second quarter was $17.5 million, compared to $23.9 million in the first, or linked quarter of 2022 and $30.3 million in the second quarter of 2021.
Net interest income of $61.8 million was up from $59.0 million in the linked quarter, and $60.8 million in the second quarter of 2021. The increase versus the linked quarter reflected earning asset growth and higher yields in the commercial and commercial real estate loan portfolios, partially offset by lower fee income associated with the Paycheck Protection Program (PPP) portfolio as PPP loans continued to pay down. The increase versus the prior year quarter reflected higher average earning assets partially offset by lower PPP fee income. Net interest margin was 2.85% compared to 2.79% in the linked quarter, and 2.98% in the second quarter last year.
In the second quarter ASB recorded a provision for credit losses of $2.8 million compared to a negative provision for credit losses of $3.3 million in the linked quarter and $12.2 million in the second quarter of 2021. The quarter's higher provision reflected provisioning for the strong loan growth generated during the quarter, partially offset by favorable credit trends that led to the release of reserves (which reduces provision). As of June 30, 2022, ASB's allowance for credit losses to outstanding loans was 1.28% compared to 1.30% as of March 31, 2022 and 1.51% as of June 30, 2021.
The net charge-off ratio for the second quarter of 2022 was nil, compared to 0.01% in the linked quarter and 0.04% in the second quarter of 2021. Nonaccrual loans as a percent of total loans receivable held for investment were 0.40% in the second quarter of 2022, compared to 0.72% in the linked quarter and 1.03% in the prior year quarter.
Noninterest income was $12.5 million in the second quarter of 2022 compared to $16.1 million in the linked quarter and $15.2 million in the second quarter of 2021. The decrease compared to the linked quarter was primarily due to the gain on sale of real estate recorded in the first quarter of 2022, lower fees from other financial services, lower bank-owned life insurance income and lower mortgage banking income. The decrease compared to the prior year quarter was primarily due to lower bank-owned life insurance income, lower mortgage banking income and lower fees from other financial services.
Noninterest expense was $49.4 million compared to $48.2 million in the linked quarter and $48.2 million in the second quarter of 2021. The increase in noninterest expense versus the linked quarter was primarily due to increased compensation and benefits expenses and higher data processing costs. The increase in noninterest expense versus the same quarter last year was primarily due to higher occupancy costs and marketing expenses.
Total earning assets as of June 30, 2022 were $8.7 billion, up 2.6% from December 31, 2021.
Total loans were $5.4 billion as of June 30, 2022, up 4.2% from December 31, 2021, reflecting growth across nearly the entire portfolio and driven by strong growth in commercial real estate loans.
Total deposits were $8.3 billion as of June 30, 2022, an increase of 1.0% from December 31, 2021. For the second quarter of 2022, the average cost of funds was 0.05%, flat versus the linked quarter and down two basis points versus the same quarter last year.
For the second quarter of 2022 return on average equity was 12.2% compared to 13.7% in the linked quarter and 16.8% in the second quarter of 2021. Return on average assets was 0.76% for the second quarter of 2022, compared to 1.04% in the linked quarter and 1.38% in the same quarter last year.
In the second quarter of 2022, ASB paid dividends of $12.0 million to HEI. ASB had a Tier 1 leverage ratio of 7.7% as of June 30, 2022.
HEI EARNINGS RELEASE, HEI WEBCAST AND CONFERENCE CALL TO DISCUSS EARNINGS AND 2022 GUIDANCE
Concurrent with ASB's regulatory filing 30 days after the end of the quarter, ASB announced its second quarter 2022 financial results today. Please note that these reported results relate only to ASB and are not necessarily indicative of HEI's consolidated financial results for the second quarter of 2022.
HEI plans to announce its second quarter 2022 consolidated financial results on Monday, August 8, 2022 and will also conduct a webcast and conference call at 10:15 a.m. Hawaii time (4:15 p.m. Eastern time) that same day to discuss its consolidated earnings, including ASB's earnings, and 2022 guidance.
To listen to the conference call, dial 1-844-200-6205 (U.S.) or +1-929-526-1599 (international) and enter passcode 638186. Parties may also access presentation materials and/or listen to the conference call by visiting the conference call link on HEI's website at www.hei.com under "Investor Relations," sub-heading "News and Events — Events and Presentations."
A replay will be available online and via phone. The online replay will be available on HEI's website about two hours after the event. An audio replay will also be available about two hours after the event through August 22, 2022. To access the audio replay, dial 1-866-813-9403 (U.S.) or +44-204-525-0658 (international) and enter passcode 484022.
HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information; such disclosures will be included in the Investor Relations section of the website. Accordingly, investors should routinely monitor the Investor Relations section of HEI's website, in addition to following HEI's, Hawaiian Electric's and ASB's press releases, HEI's and Hawaiian Electric's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts. Investors may sign up to receive e-mail alerts via the "Investor Relations" section of the website. The information on HEI's website is not incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.
Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at dms.puc.hawaii.gov/dms to review documents filed with, and issued by, the PUC. No information on the PUC website is incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings.
The HEI family of companies provides the energy and financial services that empower much of the economic and community activity of Hawaii. HEI's electric utility, Hawaiian Electric, supplies power to approximately 95% of Hawaii's population and is undertaking an ambitious effort to decarbonize its operations and the broader state economy. Its banking subsidiary, ASB, is one of Hawaii's largest financial institutions, providing a wide array of banking and other financial services and working to advance economic growth, affordability and financial fitness. HEI also helps advance Hawaii's sustainability goals through investments by its non-regulated subsidiary, Pacific Current. For more information, visit www.hei.com.
FORWARD-LOOKING STATEMENTS
This release may contain "forward-looking statements," which include statements that are predictive in nature, depend upon or refer to future events or conditions, and usually include words such as "will," "expects," "anticipates," "intends," "plans," "believes," "predicts," "estimates" or similar expressions. In addition, any statements concerning future financial performance, ongoing business strategies or prospects or possible future actions are also forward-looking statements. Forward-looking statements are based on current expectations and projections about future events and are subject to risks, uncertainties and the accuracy of assumptions concerning HEI and its subsidiaries, the performance of the industries in which they do business and economic, political and market factors, among other things. These forward-looking statements are not guarantees of future performance.
Forward-looking statements in this release should be read in conjunction with the "Cautionary Note Regarding Forward-Looking Statements" and "Risk Factors" discussions (which are incorporated by reference herein) set forth in HEI's Annual Report on Form 10-K for the year ended December 31, 2021 and HEI's other periodic reports that discuss important factors that could cause HEI's results to differ materially from those anticipated in such statements. These forward-looking statements speak only as of the date of the report, presentation or filing in which they are made. Except to the extent required by the federal securities laws, HEI, Hawaiian Electric, ASB and their subsidiaries undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
This information should be read in conjunction with the consolidated financial statements and the notes thereto in HEI filings with the SEC. Results of operations for interim periods are not necessarily indicative of results to be expected for future interim periods or the full year.
This information should be read in conjunction with the consolidated financial statements and the notes thereto in HEI filings with the SEC.
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SOURCE Hawaiian Electric Industries, Inc. | https://www.kxii.com/prnewswire/2022/07/29/american-savings-bank-reports-second-quarter-2022-financial-results/ | 2022-07-29T20:58:21Z |
HUNTINGTON BEACH, Calif., July 14, 2022 /PRNewswire/ -- Newlight Technologies, Inc. ("Newlight") and Long Ridge Energy Terminal ("Long Ridge"), which is jointly owned by a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NASDAQ: FTAI) and an affiliate managed by GCM Grosvenor (NASDAQ: GCMG), today announced that the parties and their related entities have entered into various agreements providing for the construction and operation of a new facility in Ohio, Aircarbon-Ohio, to produce Aircarbon, a naturally-occurring molecule called PHB that replaces plastic but is carbon-negative and biologically degrades in natural environments.
"Plastic pollution and climate change are the critical environmental challenges of our time, but in order to solve those challenges, we need to find a scalable middle ground of performance and sustainability," said Newlight CEO Mark Herrema. "Through Aircarbon-Ohio, our aim is to establish one of the largest carbon capture manufacturing hubs in the world, showing that we can harness greenhouse gas as a resource to help improve the environment while creating long-term jobs and economic value."
Newlight uses a nature-based technology that is found in ecosystems throughout the world, including in the ocean, wherein naturally-occurring microorganisms consume air and greenhouse gas through fermentation to produce a muscle-like material inside of their cells called PHB. PHB is an energy storage material made in most living organisms, from marine microorganisms to the roots of plants and the human body, and can be melted into shapes as a replacement for plastic. Founded in 2003, Newlight is the first company to directly transform greenhouse gases into PHB, a biomaterial that the company calls Aircarbon, at commercial scale.
AirCarbon competes on performance with various grades of polypropylene, the second largest-volume plastic in the world. With a variety of potential industries to serve, Newlight's primary focus is on addressing ocean plastic pollution by displacing plastic in the foodware market, starting with straws, cutlery, and coated paper products. In addition to foodware, Newlight is also seeding expansion in automotive and fashion applications. Newlight launched its first commercial-scale Aircarbon production facility in 2020, and today Newlight's customers and partners include Shake Shack, Nike, Target, H&M, Ben & Jerry's, Sumitomo, US Foods, and Sysco, with millions of Aircarbon units delivered to consumers to date.
Long Ridge and certain of its subsidiaries entered into certain agreements with Newlight, whereby Long Ridge will lease land and sell power and gas to Newlight. In addition, a subsidiary of FTAI has agreed to invest 25% of the project costs, or up to $75 million, subject to certain conditions, to participate in the economic returns associated with the project.
Through a separate agreement between Newlight and Pittsburgh-based CNX Resources Corp., CNX will gather and process captured methane from third party industrial activity that would typically be vented to atmosphere and deliver to Newlight the environmental rights associated with that methane, sourced locally from the Appalachian basin, to support production of Aircarbon at the Ohio facility, similar to how solar and wind is delivered contractually through new and existing grid infrastructure.
Newlight is a nature-inspired biotechnology company converting air and greenhouse gas into a biomaterial called Aircarbon®. Aircarbon is a high-performance, carbon-negative PHB biomaterial produced by naturally-occurring microorganisms that is being used to replace plastic in industrial segments ranging from foodware to fashion. Newlight's mission is to help end plastic pollution and climate change by replacing plastic with Aircarbon, creating global-scale economic and environmental value. For more information about Newlight and Aircarbon, visit www.aircarbon.com.
The Long Ridge Energy Terminal, located in Hannibal, Ohio, commissioned a state-of-the-art 485MW power plant in October 2021, the first GE H-class plant worldwide to blend hydrogen into its fuel mix. Long Ridge is focused on delivering low-carbon, reliable, and cost-effective energy to its customers. The site's attributes include nearly 300 acres of flat land, two barge docks on the Ohio River, a unit-train-capable loop track and direct access to Ohio Route 7. Long Ridge is jointly owned by a subsidiary of Fortress Transportation and Infrastructure Investors LLC, which trades on the Nasdaq Global Select Market under the ticker FTAI, and an affiliate managed by Grosvenor Capital Management, L.P., which trades on the NASDAQ Exchange under the ticker GCMG. For more information on Long Ridge, please visit www.longridgeenergy.com.
Fortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI is externally managed by an affiliate of Fortress Investment Group LLC, a leading, diversified global investment firm. For more information, please visit www.ftandi.com.
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $71 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and its experienced team of over 520 professionals serves a global client base of institutional and high net worth investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, and Seoul. For more information, visit: gcmgrosvenor.com.
GCM Grosvenor's Labor Impact Strategy seeks to originate and execute infrastructure projects that leverage the inclusion of union labor as a contributing factor to enabling attractive risk-adjusted returns. The goal of the strategy is to find attractive infrastructure investment opportunities that can be unlocked through close cooperation across labor, government, and private capital.
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SOURCE Newlight Technologies | https://www.wibw.com/prnewswire/2022/07/14/newlight-long-ridge-sign-agreement-build-aircarbon-production-facility-ohio/ | 2022-07-14T11:33:23Z |
Voting begins September 1 as brand recognizes outstanding PTSD service dogs in 5th Annual Service Dog Salute campaign
ST. LOUIS, Sept. 1, 2022 /PRNewswire/ -- Purina® Dog Chow® is teaming up with actor, producer, dog lover and longtime military supporter Wilmer Valderrama to recognize the finalists in Dog Chow's first-ever Visible Impact Award, celebrating the remarkable impact PTSD service dogs have on veterans' daily lives. The award is part of Dog Chow's 5th annual Service Dog Salute program, which highlights the life-changing benefits that service dogs provide to veterans experiencing posttraumatic stress disorder (PTSD).
From now through October 17, 2022, dog lovers can join in selecting the first-ever Dog Chow Visible Impact Award winner by voting on the selected finalists at DogChow.com/service. For every vote, Dog Chow will donate $5 to the Association of Service Dog Providers for Military Veterans, up to $75,000, to help train more PTSD service dogs at no cost to veterans. The Grand Prize winner will receive a $10,000 cash prize and $25,000 for the organization that trained the service dog.
"After having the privilege of meeting so many service men and women over the years and hearing their stories, supporting our military has become one of my greatest joys," said Valderrama. "They give so much to serve our country, so I'm honored to partner with Dog Chow on the Service Dog Salute campaign to give back to our veterans – to acknowledge what they went through and how their posttraumatic stress service dog is helping them heal."
The Visible Impact Award finalists were selected based on those who best illustrated the life-changing impact and unique skill set of a well-trained PTSD service dog. The five finalists include:
- Trigger / Midwest Battle Buddies – helps U.S. Navy Veteran Rebekah by sensing the beginning of a panic attack or when Rebekah is having difficulties "getting back to reality."
- Raphael / Hero's Puppy For Life – helps U.S. Air Force Veteran Bernard by performing a "standing hug" - a unique version of compression therapy – to quell anxiety or panic attacks.
- Bjorn / Northwest Battle Buddies – helps U.S. Army Veteran Derek by breaking him away from the spiral of negative thoughts through the art of interruption by demanding to be pet.
- Ivy/ Operation Freedom Paws – helps U.S. Army Veteran Todd with her ability to smell a change in Todd's body chemistry when the veteran is in a crowded social situation and starts to be hypervigilant, angry or anxious.
- Liberty / Paws for Purple Hearts – helps U.S. Army Veteran Carlos by applying a wide variety of skills to help mitigate Carlos's PTSD symptoms, such as performing deep pressure therapy by laying her tow front legs and head down on Carlos's lap when the veteran experiences anxiety.
Roughly 3.5 million military veterans suffer from PTSD, and while service dogs are demonstrated to reduce the severity of PTSD symptoms and suicidal behaviors, only 1% of those in need who seek a service dog receive one each year. Dog Chow has been on a mission to help, and this year will mark $1 million in donations to service dog organizations since the start of the Service Dog Salute program in 2018. These donations help support the care and training of more service dogs for veterans with PTSD at no cost to the veterans.
To vote for the Visible Impact Award winner and for more information about the Service Dog Salute program, visit DogChow.com/service.
Nestlé Purina PetCare creates richer lives for pets and the people who love them. Founded in 1894, Purina has helped dogs and cats live longer, healthier lives by offering scientifically based nutritional innovations. Purina manufactures some of the world's most trusted and popular pet care products, including Dog Chow, Purina ONE, Pro Plan, Fancy Feast and Tidy Cats. Our more than 8,700 U.S. associates take pride in our trusted pet food, treat and litter brands that feed 51 million dogs and 65 million cats every year. More than 500 Purina scientists, veterinarians, and pet care experts ensure our commitment to unsurpassed quality and nutrition. Purina promotes responsible pet care through our scientific research, our products and our support for pet-related organizations. Over the past five years, Purina has contributed more than $150 million towards organizations that bring, and keep, people and pets together, as well as those that help our communities and environment thrive. Purina is part of Nestlé, a global leader in Nutrition, Health and Wellness. For more information, visit purina.com or subscribe here to get the latest Purina news.
Actor, producer and activist Wilmer Valderrama is beloved for his role as exchange student 'Fez' on the Emmy-nominated series That 70s Show. He currently stars in the #1 TV drama NCIS on CBS, and recently announced he is developing a live-action "Zorro" series at Disney Branded Television in which he will star and executive produce. On the big screen, he most recently lent his voice to the hit Academy Award-winning Disney animated film Encanto. Outside of acting and producing via his WV Entertainment banner, Valderrama is a passionate activist who lends his voice to organizations including the Congressional Hispanic Caucus Institute (CHCI), Voto Latino, the USO as their Global Ambassador, and HARNESS, which he co-founded with America Ferrera and Ryan Piers Williams. He also recently partnered with John Pollack to launch Allied Management Group, which focuses on partnering with, collaborating, and representing new and existing Latino voices across traditional and digital media.
The Association of Service Dog Providers for Military Veterans (ASDPMV) is a coalition of non-profit service dog providers for military veterans suffering from posttraumatic stress, traumatic brain injury and military sexual trauma working to prevent suicide and improve military veterans' mental health. The goal of ASDPMV is to ensure that best practices are utilized by qualified organizations to ensure that veterans are paired with the most beneficial service dogs; increase awareness and understanding of the medical evidence that supports the use of service dogs; and advocate for the expanded use of qualified service dogs.
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SOURCE Purina Dog Chow | https://www.wibw.com/prnewswire/2022/09/01/purina-dog-chow-joins-forces-with-wilmer-valderrama-celebrate-visible-impact-award-finalists/ | 2022-09-01T12:11:41Z |
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