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New York City officials took aim Tuesday at Texas Gov. Greg Abbott, days after he started busing migrants detained at the border to the city as part of his campaign to draw attention to the influx of asylum seekers crossing from Mexico.
City officials said intake centers are already overwhelmed with more than 4,000 people since a surge that began in May.
Over the weekend, at least 68 more migrants arrived by bus from Texas. Another bus was expected Tuesday and two more on Wednesday, said Manuel Castro, the Commissioner for the Mayor's Office of Immigrant Affairs.
And while the city plans on opening a more specialized services-based help center within the next two weeks, along with more emergency housing, officials struggle with a lack of coordination from the state of Texas, he said.
"They've essentially weaponized this situation," Castro said while speaking at a city council hearing on Tuesday. "We've learned that the bus company that they've been working with has a non-disclosure agreement that does not allow them to communicate with the city of New York."
Mayor Eric Adams accused Abbott of forcing the migrants onto buses, an accusation denied by the governor's office on Monday.
On Friday, Abbott's office released a statement saying New York City is now a designated "drop-off location with Washington, D.C., for the busing strategy as part of the governor's response to the Biden Administration's open border policies overwhelming Texas communities."
Abbott began sending thousands of migrants on buses to Washington, DC, earlier this year as an intended affront to the Biden administration.
"It's unimaginable. Come to a country and your first visit here, someone is throwing you out, as the Governor of Texas is doing, then trying to navigate this complex country to deliver your services," Adams said at an unrelated press event on Tuesday.
Abbott's office responded by saying that asylum seekers willingly chose to come to New York City. The office did not answer questions concerning non-disclosure agreements for bus companies.
"What's horrific is the thousands of illegal immigrants overrunning and overwhelming our border communities with populations smaller than a New York City borough, and Mayor Adams is hypocritically upset about welcoming a few dozen into his sanctuary city," Abbott said in the statement. "If the mayor wants a solution to this crisis, he should call on President Biden to take immediate action to secure the border --something the President continues failing to do."
City officials say asylum seekers need housing, legal and medical assistance
At Tuesday's hearing, city officials detailed the challenge in providing services, such as housing, legal help and even medical assistance.
"As the buses arrive, people arrive hungry, thirsty and often sick," Castro said. "And those are the immediate needs. Asylum seekers have many particular needs."
New York City Commissioner of the Department of Social Services Gary Jenkins told the hearing on "Long-standing NYC Shelter Intake Issues and the Recent Increase in Asylum Seekers" that the migrants have been placed in 11 emergency sites -- four in Manhattan, three in Queens, two in Brooklyn and two in the Bronx, he said.
The city is expected to open one specialized service center within the next two weeks, said New York City Office of Emergency Management Commissioner Zach Iscol. That center will primarily provide legal services and enrollment in public schools for children who have arrived, among others. They then plan to refer people to community-based organizations as a way to matriculate migrants into different communities, Iscol said.
Adams, for his part, said he is asking for more state and federal help and expects to speak with the Biden administration before the end of the week. He also highlighted the conditions most of the migrants from Texas had to endure, with a 45-hour bus ride and limited stops, even though, he says, some wanted to go to a different state.
"There is nothing successful about treating people with this lack of dignity," the mayor said.
The-CNN-Wire
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https://www.albanyherald.com/news/new-york-struggling-to-accommodate-surge-in-asylum-seekers-as-texas-begins-busing-migrants-to/article_99376f80-46fe-529c-83ed-da40a32d57d7.html
| 2022-08-10T05:10:16Z
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Now Accepting Reservations for Australia and Alaska Sailings from Nov. 6, 2022 through April 2024
MIAMI, Aug. 24, 2022 /PRNewswire/ -- Carnival Cruise Line announced today that reservations are open for the inaugural season of its newest ship Carnival Luminosa which will debut from Brisbane, Australia Nov. 6, 2022 before repositioning for seasonal service from Seattle to Alaska next May.
When Carnival Luminosa arrives to Australia in just three short months, it will be the latest Carnival ship to be adorned with the stunning new livery that was introduced on Mardi Gras in 2021 and has been added to half the Carnival fleet, with the red, white and blue hues long associated with Carnival Cruise Line. The ship will also boast a vintage funnel design reminiscent of the funnels on Carnival's original ships like Mardi Gras, Carnivale and Festivale.
"We couldn't be prouder to welcome Carnival Luminosa to our fleet and to start our highly anticipated sailings from Brisbane followed by unique bucket-list itineraries in Alaska," said Christine Duffy, president of Carnival Cruise Line. "To truly make Luminosa feel part of the Carnival Cruise Line family, we are adding our beautiful new livery to her hull, of course, and are keeping her throwback funnel design that once adorned some of our most iconic earlier vessels. We'll be adding some Carnival features in the upcoming dry dock and adapting some existing features to align with Carnival's casual style, but ultimately, our crew will make everyone feel right at home as soon as they join the ship."
Carnival Luminosa will be home to many of the activities and experiences from other Carnival ships that guests have come to know and love as well as some new spaces.
Featuring guest favorites from entertainment, youth, and spa, to casino, bars and dining, offerings will include Playlist Productions, The Punchliner Comedy Club, Limelight Lounge, Piano Bar 88, Alchemy Bar, RedFrog Rum Bar, Fahrenheit 555 Steakhouse, Chef's Table, Bonsai Sushi Express, Seaday Brunch, Serenity Adult-Only Retreat, and Cloud 9 Spa, among others.
For more information on Carnival Luminosa's onboard offerings, visit here.
As she opens for booking, Carnival Luminosa will sail a variety of seasonal itineraries from Brisbane from Nov. 6, 2022 to April 13, 2023, offering something for everyone; including, three- and four-day cruises to popular Australian ports for a brief holiday; six- and seven-day Great Barrier Reef and South Pacific sailings; longer eight- to 11-day voyages to top destinations like Noumea and Lifou Isle in New Caledonia, Port Vila and Mystery Island in Vanuatu, and Papua New Guinea, Fiji, and New Zealand; as well as a Carnival Journeys transpacific voyage as Luminosa repositions to Seattle, stopping in Tahiti, Polynesia, among other stunning sites.
From Seattle, Carnival Luminosa will sail a four-month Alaska schedule with 17 seven-day sailings as well as six- and eight-day sailings to port favorites such as Juneau, Ketchikan, Sitka, Skagway, Icy Strait Point, and the scenic cruising of Tracy Arm Fjord. Completing its season in Alaska, Carnival Luminosa will operate another transpacific voyage back to Brisbane, stopping in exotic, first-time-for-Carnival destinations, including Kushiro, Aomori, Tokyo, Hiroshima and Nagasaki in Japan, as well as Puerto Princesa, Philippines and Bitung, Indonesia.
Full details on Carnival Luminosa's itineraries can be found here. Among the many exciting and fun-filled itineraries to choose from:
- 7-day Alaska sailing from Seattle (7/20/2023) – Juneau, Alaska; Haines, Alaska; Tracy Arm Fjord, Alaska; and Victoria, BC, Canada.
- 11-day Carnival Journeys Papua New Guinea sailing from Brisbane (11/19/2023) – Conflict Islands; Alotau, Papua New Guinea; Rabaul, Papua New Guinea; and Kiriwina Island.
- 22-day Carnival Journeys Transpacific sailing to Seattle from Brisbane (4/13/2023) – Noumea, New Caledonia; Suva, Fiji Islands; Papeete (Tahiti), Polynesia; Moorea (Tahiti), Polynesia; and Honolulu, Hawaii.
- 30-day Carnival Journeys Transpacific sailing to Brisbane from Seattle (9/14/2023) – Ketchikan, Alaska; Icy Strait Point, Alaska; Hubbard Glacier, Alaska; Kushiro, Japan; Aomori, Japan; Tokyo, Japan; Hiroshima, Japan; Nagasaki, Japan; Puerto Princesa, Philippines; and Bitung, Indonesia.
Carnival Luminosa is a sister ship to the four other Spirit-class ships that are already popular among Carnival guests. More details are to be revealed about Carnival Luminosa's dry dock and the reimagination of the ship as it continues to change over from Costa to Carnival ahead of its November service start up.
For additional information on Carnival Cruise Line and to book a cruise vacation on Carnival Luminosa now, call 1-800-CARNIVAL, visit www.carnival.com, or contact your favorite travel advisor or online travel site.
ABOUT CARNIVAL CRUISE LINE
Carnival Cruise Line, part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), is proud to be known as America's Cruise Line. Since its founding in 1972, Carnival has continually revolutionized the cruise sector, making a cruise vacation an affordable and popular option for millions of guests. Carnival operates from 14 U.S. homeports and employs more than 40,000 team members representing 120 nationalities. Carnival's newest ship, Mardi Gras, featuring the first roller coaster at sea, is the first cruise ship in the Americas powered by eco-friendly Liquefied Natural Gas (LNG). Carnival returns to Australia in October 2022 and will welcome four additional ships over the next two years, including Carnival Celebration, which arrives to Miami in November to close out Carnival's 50th birthday festivities.
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https://www.kxii.com/prnewswire/2022/08/24/carnival-luminosa-opens-sale-newest-fun-ship-prepares-join-carnival-cruise-line-fleet/
| 2022-08-24T18:38:39Z
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Magic Eden Introduces Multi-Chain Support for Ethereum and Solana to Expand Access for NFT Creators and Collectors
SAN FRANCISCO, Aug. 2, 2022 /PRNewswire/ -- Magic Eden ("the Company"), the leading community-centric NFT marketplace, today announced that it will be adding and integrating Ethereum (ETH) NFTs into their platform. Since its launch in September 2021, Magic Eden has seen over 90% of secondary trading volume and US$2B USD in total trade volume for transactions on Solana (SOL) NFTs, their first supported blockchain. This news accelerates Magic Eden's efforts to extend its presence across Web3 communities by integrating the two largest blockchains for NFTs and delivering the most feature-rich multi-chain experience for creators and collectors.
In the past 18 months, the SOL and ETH NFT markets have witnessed tremendous growth within their respective, wholly distinct, communities. Magic Eden aims to bring these two universes closer on the belief that NFTs' social, cultural, and connective utilities should be shared across chains. By going multi-chain, Magic Eden will enable NFT creators to launch seamlessly, reach new audiences, and access added liquidity, while collectors will be able to discover new communities and connect across the passionate culture of the emerging space.
As a culture-driven and community-obsessed marketplace, Magic Eden's ETH entry is designed to deliver multi-chain solutions that can serve both NFTs creators and collectors with the best experience possible. Collectively, the features include: Magic Eden List (a whitelist and audience targeting tool), Magic Eden Launchpad (now with ETH/SOL compatibility), and Magic Eden Drop Calendar in August. Magic Eden is also running private beta tests to support the launch of a cross-currency trading product where users can browse the most extensive selection of SOL and ETH NFTs and make purchases via SOL, ETH, or credit card. Magic Eden will also see the roll-out of cross-chain trading analytic tools in the coming months.
To extend Magic Eden's relationship with ETH NFT creators, the platform will build on its track record of delivering best-in-class NFT launch support. Magic Eden's ETH-compatible Launchpad features the same seamless minting set-up, white-glove marketing support, and bespoke launch build-outs that have helped bring over 300 NFT projects to market.
In the coming weeks, Magic Eden will debut its cross-chain Launchpad with EZU, a sister collection of the popular ETH project Psychedelics Anonymous, founded by Voltura (Lewis Gale). EZU will be the first native ETH project to launch on Magic Eden with the ability for users to mint in both ETH and SOL.
Creators across chains will also be able to build pre-mint traction and journey into Magic Eden's extensive community presence via a free whitelist and holder management tool called Magic Eden List. ETH creators interested in launching their own community marketplace will also be able to leverage Magic Eden's whitelabel marketplace solution spanning their launch and beyond.
Zhuoxun Yin, COO and Co-Founder of Magic Eden, commented, "We want to honor the creators in this space by developing tools that would address their vast needs – which is why we made Magic Eden List available as a free resource and developed a whitelabel marketplace solution. Through our cross-chain Launchpad, creators will unlock a new set of audience through which they can amplify and grow their projects, as well as tap into additional sources of liquidity. Creators launching with Magic Eden will no longer have to face the difficult decision of choosing one chain over another at the cost of limiting their potential audience reach. Web3 is a place for us to share knowledge and evolve together."
Collectors can also look forward to a number of trading tools that will unlock access to deeper multi-chain experiences. Beginning in August, users will be able to track highly-anticipated NFT mints on SOL and ETH through Magic Eden's Drop Calendar. The Drop Calendar was created to give the community a resource that would capture the most holistic view of upcoming mints in the NFT ecosystem. It will also integrate with Magic Eden List so that users can sign up for whitelist access for projects utilizing the tool. Magic Eden will also be running private beta tests to develop a cross-currency trading product that will empower users to purchase SOL and ETH NFTs with SOL, ETH, or credit card. Future releases will also include multi-chain compatible analytics tools to inform collectors' decisions and NFT trades.
Jack Lu, CEO and Co-Founder of Magic Eden, added, "We believe in a collective NFT community that exists across multiple chains. Launching collector tools like the cross-chain Magic Eden Drop Calendar will be the first step towards realizing that vision. The roll-out of cross-currency purchase support for SOL and ETH NFTs will build on our efforts. The more creators and collectors can reach across chains, the more we can collectively experience powerful cultural moments on the blockchain. We are honored to be the destination that will bring the next wave of users into the Web3 movement."
Magic Eden is the leading community-centric NFT marketplace driving the next billion users to Web3. Led by former crypto, tech, and hospitality leaders, Magic Eden is building a user-friendly platform powered by market-leading minting and trading solutions. Magic Eden brings dynamic cultural moments onto the blockchain, empowering users across thousands of digital communities to create, discover and collect unique NFTs. For more information, please visit www.magiceden.io.
EZU, the sister project of Psychedelics Anonymous, is built by Voltura (Lewis Gale) and the Voltura Labs team. Psychedelics Anonymous is a popular ETH collection that has traded over 38,000 ETH to date and has garnered significant attention for its unique token utility and focus on mental health and community. EZU will be a collection that provides holders with the same mental health resources as Psychedelics Anonymous, but will be extended to include a new range of products under the EZU brand.
Media Contact
Dillon Arace
M Group Strategic Communications (on behalf of Magic Eden)
315-512-6886
press@magiceden.io
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SOURCE Magic Eden
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https://www.kxii.com/prnewswire/2022/08/02/magic-eden-announces-expansion-ethereum-blockchain/
| 2022-08-02T16:26:51Z
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NASHVILLE, Tenn., Sept. 12, 2022 /PRNewswire/ -- AllianceBernstein Holding L.P. today announced that its 2021 Schedule K-3, reflecting items of international tax relevance, is now available for download online. AB unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/ab.
A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to an investor's federal income tax return filing needs, AB encourages unitholders to review the information contained in the form and refer to the appropriate federal laws and guidance or consult with a tax advisor.
To receive an electronic copy of a Schedule K-3 via email, unitholders may call Tax Package Support toll free at (844) 275-9875.
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. As of July 31, 2022, AllianceBernstein had $689 billion in assets under management. Additional information about AB may be found on our website, www.alliancebernstein.com.
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SOURCE AllianceBernstein
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https://www.kxii.com/prnewswire/2022/09/12/alliancebernstein-announces-2021-schedule-k-3-is-now-available-online-unitholders/
| 2022-09-12T15:15:25Z
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Rosa L. McCormick and Jim Darcy Join Board; Srini Palamarthy Named Chief Financial Officer; Stewart Pickard Promoted to Chief Operations Officer; Millie Tarallo Named Chief Revenue Officer
AUSTIN, Texas, Sept. 14, 2022 /PRNewswire/ -- Dropoff, the nationwide, same-day custom courier service specializing in last-mile delivery, today announced the appointment of Rosa L. McCormick and Jim Darcy as members of its board of directors in addition to Srini Palamarthy as Chief Financial Officer and Millie Tarallo as Chief Revenue Officer. Steward Pickard, Dropoff's longtime SVP of Operations, was named Chief Operations Officer. In these new roles, Palmarthy, Tarallo, and Pickard will respectively lead the company's financial, sales, and operations teams fueling the company's growth initiatives, and reporting to Dropoff CEO Sean Spector.
Recently named among Inc. Magazine's top 5000 fastest growing companies for the fourth consecutive year, and one of Texas' most innovative delivery companies, Dropoff's proprietary technology includes chain of custody transparency, real-time tracking, and intelligent dispatch. With this technology, Dropoff drives innovation in the same-day courier industry for healthcare, retail and industrial businesses.
"This expansion in executive leadership is an important moment for Dropoff as we position ourselves for expansive growth, particularly in the healthcare space," shared Dropoff CEO Sean Spector, "Rosa, Jim, Srini, Stewart, and Millie each bring outstanding qualifications and a deep breadth of experience to their roles; we are that much closer to driving the next generation of same-day shipping technology and innovation."
A native Austinite and graduate of the University of Texas at Austin, McCormick joins the Dropoff Board of Directors with over 20 years of technology and investment management experience. She is currently Managing Director of Wild Basin Investments which she co-founded. She is also the President of Key Light Capital, a related investment firm with broader investment themes.
McCormick has served on numerous technology company boards and currently represents Wild Basin Investments on the board of SignUp.com, HUVR Data, Inc. and Boomerangs Pies. Always active in promoting the growth of the entrepreneurial community in Austin, she served on the board of the Central Texas Angel Network from 2011-2016 and participates in numerous educational and industry events. McCormick is a Kauffman Fellow (Class 18).
Darcy joins the Dropoff Board of Directors having spent 37 years in senior roles in sales and strategy at UPS, most recently as VP of Healthcare Strategy supporting the development and implementation of solutions to help healthcare providers meet the needs of an industry experiencing great change. After retiring from UPS, Darcy founded a consulting firm, JPD Healthcare Performance Partners, with engagements focused on the logistics of delivering urgent goods and services to patients in clinics, hospitals, the doctor's office, or their homes.
Prior to joining Dropoff, Palamarthy served as Chief Financial Officer at Homeward, where he helped raise significant equity and debt capital, scaling the team and foundation for continued growth. He also served as SVP, of Finance at RetailMeNot in addition to various leadership roles in analytics, revenue, and product management.
Palamarthy will lead the finance function at Dropoff ensuring its continued commitment to financial excellence. "Dropoff already has an incredible leadership team in place and is a significant disruptor in the same-day shipping space. I am impressed by the team's dedication to solid, strategic growth," shared Palamarthy.
Pickard was welcomed to the Dropoff team over five years ago as Senior Director of Customer Success, before earning a promotion to SVP, Operations and, most recently being named as Chief Operations Officer where he will oversee account management, customer service, dispatch and field operations to deliver exceptional service.
Prior to joining Dropoff, Pickard led Client Services at TurnKey Vacation Rentals, helping establish Turnkey as a top 5 vacation rentals property management company in the US. He also served as Director of Commercial Relations and Client Partner at Bazaarvoice. "I have been a proud member of the Dropoff team for several years," shared Pickard, "and am delighted that in my new role I will continue to drive operational excellence that scales and elevates growth."
Most recently, Tarallo led sales and marketing strategy with the transportation and logistics company General Logistics Systems, Inc. as the Chief Commercial Officer, creating scalable growth through processes and customer experience excellence. Tarallo also served in leadership roles at Fortune 500 companies, most notably 15 years with Staples, Inc. where she launched and oversaw the growth of her division's sales, sales operations, and customer service teams, serving all customer segments and achieving consistent hyper-growth initiatives.
In this new role at Dropoff, Tarallo will lead all aspects of the company's sales, business development, and new channel business, focusing on building highly motivated, results-oriented teams and scaling the organization for massive growth. "I'm excited about Dropoff's people-first culture and the opportunity to leverage its differentiating technology combined with a commitment to excellence in custom solutions in the demands of same-day delivery," Tarallo shared, "I am delighted to help steer Dropoff's rapid expansion and to share my deep knowledge of sales organization growth and scalability."
Dropoff provides nationwide, same-day custom courier services in the healthcare, retail, and industrial industries. The company's proprietary logistics platform empowers enterprise businesses to gain full visibility throughout the chain of custody with real-time track & trace and intelligent dispatch. Discover how Dropoff is shaping the future of last-mile delivery by visiting Dropoff.com
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https://www.kxii.com/prnewswire/2022/09/14/dropoff-appoints-new-board-members-executive-leaders-support-ongoing-growth-strategy/
| 2022-09-14T14:33:13Z
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NASHVILLE, Tenn. (AP) — Brandi Carlile, Allison Russell and Yola are the leading nominees for the 2022 Americana Honors and Awards, with each one up for album of the year, artist of the year and song of the year.
The nominees were announced Monday in Nashville, Tennessee, at the National Museum of African American Music.
Carlile is a six-time Grammy winning artist and producer and an Americana music favorite, having won artist of the year at the awards show twice before. She is nominated for album of the year for “In These Silent Days” and song of the year for “Right On Time.”
Russell’s debut solo album “Outside Child” is nominated for album of the year. The Canadian-born musician’s song, “Persephone,” is up for song of the year. British-born singer-songwriter Yola’s sophomore record, “Stand For Myself,” is nominated for album of the year, and she is nominated for song of the year for “Diamond Studded Shoes.”
Also nominated for artist of the year are Jason Isbell and Billy Strings.
Robert Plant and Alison Krauss’ record “Raise the Roof” and Adia Victoria’s “A Southern Gothic” are also nominated for album of the year.
Plant and Krauss, who previously worked together on the Grammy-winning album “Raising Sand,” are up for duo/group of the year, along with The Mavericks, Los Lobos, The War and Treaty and Big Thief.
Sturgill Simpson is up for song of the year for his duet with Willie Nelson, “Juanita,” and James McMurtry is nominated for song of the year for “Canola Fields.”
The annual awards ceremony is scheduled for Sept. 14 in Nashville.
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https://cw33.com/entertainment-news/ap-entertainment/brandi-carlile-yola-allison-russell-lead-americana-noms/
| 2022-05-17T14:26:17Z
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Cooking pans
With the right tools, cooking becomes a breeze instead of a chore and can add so much more to the experience and perhaps more importantly, the taste. Two of the most essential tools in any kitchen are cast iron and stainless steel pans.
Like most things, there are several factors to consider when determining which will work better for your kitchen. Stainless steel pans are lightweight and less reactive than cast iron pans but provide even cooking and are easier to clean. Cast iron pans, by contrast, are more durable and more reactive but are heavier and more challenging to clean. In the end, the primary difference between the two comes down to what kinds of foods you most enjoy cooking.
Cast iron pans
Cast iron pans have a centuries-long history. They’re made by melting blocks of iron and steel together, layering them together and then adding chemicals to raise their carbon levels. After that, the molten metal is poured into a mold made of sand, water and powdered clay. The result is a rugged pan with a signature textured exterior.
The first known use of cast iron pans dates back to ancient China during the Han Dynasty. In the 16th century, they became popular and spread across Europe. However, it wasn’t until 1707 when Abraham Darby patented the sand-casting method, which became the standard way of creating cast iron today. In the last hundred years, cast iron pans have seen a resurgence in popularity thanks to their incredible durability and ability to retain high heat.
What you’ll love about cast iron pans
Durability
Cast iron pans are some of the most durable cookware options. Thanks to their design, the cookware is thought to last for hundreds of years with the proper care. In most cases, cast iron pans should never be cleaned with harsh detergents or washed in a dishwasher; they should be hand-washed and undergo a process called seasoning. Seasoning is the process that creates a nonstick layer on your cookware by rinsing with salt, water and oil. Coating a cast iron pan with oil ensures that the seasoning is protected and will continue to operate at peak performance.
Heat conduction
Cast iron pans are incredible heat conductors. Their densely packed design means cast iron pans can withstand and retain high amounts of heat for more extended periods than most other cookware, making them suitable for baking and broiling. Additionally, cast iron pans distribute intense heat evenly, ensuring things like meats are cooked thoroughly without doing any damage to the pan’s material.
Visual appeal
Cast iron pans are beautiful. In many contemporary restaurant settings, chefs have begun to utilize cast irons for serving dishes and cookware due to their elegant look. Some examples of cast iron use include dishes like fajitas or dutch babies, where the cast iron adds to the dish’s appeal while making it look stylish and unique in presentation.
What you should consider about cast iron pans
Weight
Because of their layered metal construction, cast iron cookware can be hefty. This adds to its durability, but on average, a standard 12-inch cast iron pan can weigh up to 8 pounds, roughly twice the weight of comparable pans. In some instances, this can make moving cast iron pans quite a hassle, especially for those with wrist and hand issues.
Maintenance
Maintaining the quality of a cast iron pan relies on a process called seasoning. When done correctly, cast iron pans can last a lifetime. However, if not handled with care, cast iron pans are susceptible to rusting and severe scratching. This also affects the pan’s nonstick quality, and when not occasionally seasoned, it leads to more food sticking to the surface.
Hot handles
Cast iron pans retain heat incredibly well. This can act as both a blessing and a curse, as the metal handles of these pans are incredibly hot when used in an oven or broiler. With this in mind, it’s essential to be mindful of a cast iron’s handles and use oven mitts or something similar when holding it.
Best cast iron pans
Some top choices for cast iron skillets include the Victoria Cast Iron Frying Pan and the Lodge Seasoned Cast Iron 3 Skillet Bundle. The Victoria skillet has two side handles for easy handling and a spout to help with excess grease. The Lodge Cast Iron Skillet Bundle is an excellent choice for those looking for a cast iron set. The 8-, 10.5- and 12-inch skillets ensure maximum versatility for all types of dishes.
Stainless steel pans
Stainless steel is one of the most popular materials for cookware today. It’s made through cladding, in which layers of metal (typically aluminum or copper) are bonded together to help heat evenly conduct throughout the cookware.
Like cast iron pans, stainless steel pans are incredibly durable. Additionally, the pans contain chromium, which creates a passive layer of oxide on its exterior surface, ensuring protection against things like scratching or corrosion.
What you’ll love about stainless steel pans
Versatility
Stainless steel pans are extremely versatile. They can be used to cook just about everything from breakfast options like eggs and bacon to dinners like meats and sauteed vegetables. Stainless steel pans are considered non-reactive, unlike cast iron pans, which means acidic foods like sauces and wine will not damage the exterior. Additionally, they can be used in any situation, from stovetop to oven use.
Maintenance
Unlike cast iron pans, stainless steel pans don’t need to be seasoned to be cleaned. They can be easily cleaned with soap and water and are usually dishwasher-safe.
Quick heating
Since they have a layered metal construction, stainless steel pans heat quickly. Many stainless steel pans have either aluminum or copper cores which are great heat conductors, meaning that they don’t require the time cast iron pans need to heat up to usable temperatures.
What you should consider about stainless steel pans
Poorer heat conduction
Unlike cast iron pans, stainless steel pans heat retain and lose heat rather quickly. This means that food may cook more rapidly but also may cook more unevenly. Cast iron pans are designed to trap heat, whereas stainless steel pans are created to be more versatile.
Difficulty cleaning
Food is more likely to stick on stainless steel pans, since most stainless steel pans don’t have naturally nonstick surfaces. As a result, they require much more effort to clean and need soaking in soap and water to thoroughly remove any leftover food debris.
Best stainless steel pans
Some high-quality stainless steel pan options include All-Clad D3 Stainless Cookware 12-Inch Fry Pan and Cuisinart Chef’s Classic Stainless 5.5-Quart Stainless Steel Saute Pan. All-Clad is a leader in cookware and offers three-ply construction, ensuring quick and even heating in all of its pans. Similarly, Cuisinart creates cost-effective pans that are both high-quality and durable.
Should you get a cast iron pan or stainless steel pan?
Both cast iron and stainless steel pans are excellent choices for any kitchen. Ultimately, the choice comes down to what you wish to use the pan for. Though harder to maintain, cast iron pans are great for baking and broiling and can double as beautiful presentations for guests. Stainless steel pans, by contrast, are a much more versatile pan that’s great for everyday use. Both pans are durable and attractive and will look good in any kitchen.
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https://cw33.com/reviews/br/kitchen-br/cookware-cooking-tools-br/cast-iron-pan-vs-stainless-steel-pan/
| 2022-07-20T01:20:14Z
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HHHS encourages future pet owners to adopt for National Pet Day
TOPEKA, Kan. (WIBW) -Grace Clinton with Helping Hands says there are several benefits to adopting a pet rather than buying from a breeder.
“The nice thing about adopting an older dog whether its just right out of that puppy stage is, even if they are six months are older, at that point you know a lot about their personalities. That has benefits because you’re able to know what they like, or of they are barkers or what their favorite food or treats are,” Clinton says.
Animals of any age can make a great companion--
“Is the sense of giveback, you are giving a home to an animal that really truly needs one, there’s just a lot of amazing dogs and cats here at the shelter and they deserve the second chance of having a forever home.”
One difference between adopting and buying, is the price!
“We do the initial vaccines, we do spay and neuter, we do the micro chipping and we do all the initial exams and things like that so they cost of when you are adopting may seem high, even though our general cost for adoption here for a dog is only $150.”
Clinton says within the past year, cat adoptions have been up but, dog adoptions have been the opposite.
“Our dogs adoptions have been relatively slow in the last few months, which means we end up having quite a few dogs that have been here with us for awhile. There is a lot of really, really cool dogs so we want to see more dog adoptions and we want to encourage cat adoptions. Dogs tend to want to be out of their kennels more than the cats do and if people have been thinking about adopting, now is the time to adopt,” she said.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/04/11/hhhs-encourages-future-pet-owners-adopt-national-pet-day/
| 2022-04-11T23:39:00Z
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Biden set to mark Inflation Reduction Act at White House event
(Gray News) - President Joe Biden plans to deliver remarks Tuesday during an event on the White House South Lawn celebrating the passage of the Inflation Reduction Act.
The law signed by Biden last month is designed to lower prescription drug prices, fund climate-related investments, increase corporate taxes and reduce the federal deficit, the Associated Press reported.
Biden is touting the Democrats’ legislative successes in Congress in the runup to the midterm elections in November.
Lower gas prices have helped cool off inflation somewhat. However, though inflation is easing, it’s not easing as quickly as investors would have hoped.
A report released Tuesday showed inflation decelerated to 8.3% percent in August, leading the Dow Jones Industrial Average to drop as of midday.
Copyright 2022 Gray Media Group, Inc. All rights reserved. The Associated Press contributed to this report.
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https://www.wibw.com/2022/09/13/biden-set-mark-inflation-reduction-act-white-house-event/
| 2022-09-13T18:27:52Z
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DAYTONA BEACH, Fla. (AP) — The NASCAR Cup Series race at Daytona International Speedway was rained out Saturday night and rescheduled for Sunday.
The 400-mile race, the regular-season finale that will decide the last two playoff spots, will now begin at 10 a.m. EDT. It will air on CNBC. Weather forecasts call for 40% chance in the morning, increasing to 70% in the afternoon.
Fifteen drivers remain in the hunt for the postseason. Two spots are still open, although one of them will go to Ryan Blaney or Martin Truex Jr.
Aric Almirola, Chris Buescher, Harrison Burton, Cole Custer, Austin Dillon, Ty Dillon, Todd Gilliland, Justin Haley, Erik Jones, Brad Keselowski, Michael McDowell, Ricky Stenhouse Jr. and Bubba Wallace need to win to get into the 16-driver playoff field.
Blaney and Truex can advance without winning at Daytona. If Blaney or Truex wins at Daytona, the other automatically gets in on points. If one of the 14 drivers already locked into the postseason lands in victory lane, both Blaney and Truex would make it based on points. If there’s another new winner Sunday, whoever ends the race with more points between Blaney and Truex would advance.
This will be the third summer race at Daytona in recent years delayed a day. Events in 2014 and 2019 were postponed because of weather.
NASCAR officials moved the Daytona summer race from July to August in 2020 partly in hopes of avoid summer thunderstorms. The Xfinity race that started Friday night was delayed three hours before Jeremy Clements managed to avoid four late multicar crashed and reach victory lane for the first time since 2017 and second time in 421 races.
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More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/ap-nascar-cup-race-at-daytona-rained-out-moved-to-sunday/
| 2022-08-28T18:49:35Z
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Grandson in Miss. goes bald to support grandma undergoing cancer treatments
JEFFERSON DAVIS COUNTY, Miss. (WDAM/Gray News) - A grandson in Mississippi is choosing to fight a battle with his grandmother she never saw coming. A simple act has reminded this grandmother she isn’t alone.
For three months, Francis Moore has received bill after bill.
“My children, they trying to pay my bills, and thank God for them,” Moore said.
This comes after tumors were found on Moore’s lungs and later was told those tumors turned into cancer.
“I didn’t know what stage it was until I went to Texas,” Moore said. “And when I went to Texas, Dr. Rubin told me that I was in stage 4.”
Moore began treatment in April of this year and eventually had to say goodbye to her hair, but she wasn’t the only one to go bald.
“I’m going to be here for her, she been there for me, so I can’t do nothing but try to fight it with her,” Ricardo Booth said, Moore’s grandson.
Booth took a trip to the barbershop with one goal in mind, to put a smile on his grandmother’s face during this difficult time.
“She always got on her wig, so when I saw it I, really, I had to double look,” Booth said. “I told her I was going to cut mine. So I went to Mr. Vate and I was playing with him and I was like, ‘I want the beard.’”
“He thought I was playing with him, being funny with him, then I was like, ‘Nah, like my grandma,’” Booth said. “You know that it brought tears to his eyes. So, he was ready to do it.”
Booth said a simple haircut is the least he could do as a token of appreciation for all his grandma has done for him.
“I wish I knew before,” Moore said. “I don’t want to cry. I don’t want to cry but I’m hurt, but I feel like if I knew early, early what was going on that I wouldn’t be in that much shape I’m in now.”
Moore said she had tumors on her lungs for two years before finding out. Since then, her daily medications have nearly doubled.
“I just say be there for her because I know my grandma was there for me,” Booth said. “She calls every day, so now I try to return that favor, you know. I try to come by in the morning, check on her, call and see if she is hungry or if she needs something.”
“Me and the twins, we just trying to keep it positive,” Booth said.
Moore said she’s not only thankful for her grandson but also for her sons, the church and work-family.
Copyright 2022 WDAM via Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/06/17/grandson-miss-goes-bald-support-grandma-undergoing-cancer-treatments/
| 2022-06-17T05:45:55Z
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WASHINGTON, D.C. (WKBN) – The FBI has added a new fugitive to its Ten Most Wanted List.
Omar Alexander Cardenas is the newest member of the nationwide list that is circulated to law enforcement and contains the most sought-after criminals.
A reward of $100,000 is being offered for information into Cardenas’s whereabouts that leads to an arrest.
Cardenas—also known by the nickname “Dollar”—is wanted for his alleged involvement in the murder of a man and unlawful flight to avoid prosecution. He’s allegedly a Pierce Street Gang member and may associate with the Pacoima Van Nuys Boys/Anybody Killas, according to the FBI.
Cardenas is about 5’6″ tall and weighs about 240-300 pounds. He has dark brown/black hair, a beard, brown eyes and at least one tattoo. He typically wears thick prescription glasses. Video of him is available on the FBI’s website.
If you have information about Cardenas, call 1-800-CALL-FBI (225-5324), submit a tip online at http://tips.fbi.gov, contact your local FBI office, or reach out to the nearest U.S. Embassy or Consulate.
The FBI Ten Most Wanted List has been around since March 1950 when a reporter for a worldwide media outlet asked the Bureau for the names and descriptions of the “toughest guys” the agency would like to capture and the list was formed.
Later, then FBI Director J. Edgar Hoover started the Ten Most Wanted program.
The list is made up of submissions received from the FBI’s 56 field offices and selected by special agents in the Criminal Investigative Division.
Since its inception, 163 fugitives have been captured as a result of citizen cooperation.
Other suspects on the Ten Most Wanted List include: ($100,000 rewards offered)
1. Alejandro Rosales Castillo – A North Carolina teen charged with murdering his former girlfriend in 2016
2. Ruja Ignatova – Alleged leadership of a massive fraud scheme that affected millions of investors worldwide
3. Omar Alexander Cardenas – Alleged involvement in the murder of a man and unlawful flight to avoid prosecution
4. Jason Derek Brown – Wanted for murder and armed robbery in Phoenix, Arizona. During November of 2004. Brown allegedly shot and killed an armored car guard outside a movie theater and then fled with the money
5. Arnold Jimenez – Wanted for allegedly murdering his new bride less than 24 hours after marrying her
6. Alexis Flores – Wanted for his alleged involvement in the kidnapping and murder of a five-year-old girl in Philadelphia, Pennsylvania
7.Jose Rodolfo Villarreal-Hernandez – Wanted for allegedly directing individuals to track and murder a man in Southlake, Texas
8. Yulan Adonay Archaga Carias – Charged federally in the Southern District of New York with racketeering conspiracy, cocaine importation conspiracy, and possession and conspiracy to possess machine guns. As the alleged leader of MS-13 for all of Honduras, Archaga Carias allegedly controlled MS-13 criminal activity in Honduras and provided support and resources to the MS-13 enterprise in Central America and the United States with firearms, narcotics, and cash. Archaga Carias is also allegedly responsible for supporting multi-ton loads of cocaine through Honduras to the United States and for ordering and participating in murders of rival gang members and others associated with MS-13. This case is being investigated as part of Joint Task Force Vulcan
9. Rafael Caro-Quintero – (CAPTURED) Considered a godfather of Mexican drug trafficking and wanted for the 1985 murder of a U.S. federal agent, has been named to the FBI’s Ten Most Wanted Fugitives list
10. Bhadreshkumar Chetanbhai Patel – Wanted for the April 2015 murder of his wife in Maryland
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https://cw33.com/news/nexstar-media-wire/fbi-adds-new-fugitive-to-ten-most-wanted-list/
| 2022-07-21T18:58:37Z
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Second Quarter Highlights
- Net premiums written increase of 10.4%*, with strong growth from each segment
- Rate increases(1) of 6.9% in Core Commercial, 8.0% in Specialty and 3.2% in Personal Lines
- Renewal price change(1) of 11.0% in Core Commercial, 12.0% in Specialty and 5.4% in Personal Lines
- Catastrophe losses of $77.4 million, or 6.0 points of the combined ratio, including favorable development on prior-year catastrophes
- Current accident year loss and loss adjustment expense ("LAE") ratio, excluding catastrophes(2), of 60.1%, included improved loss ratios within Specialty and Core Commercial, which were more than offset by the impact of higher property severity in Personal Lines
- Net investment income of $70.5 million, below the prior-year quarter due to the elevated level of partnership income in the second quarter of 2021
- Book value per share of $72.20, down 9.3% from March 31, 2022, primarily driven by a decrease in the fair value of fixed maturity investments due to the higher interest rate environment
WORCESTER, Mass., Aug. 2, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $22.6 million, or $0.63 per diluted share, in the second quarter of 2022, compared to $128.5 million, or $3.52 per diluted share, in the prior-year quarter. Operating income(3) was $83.9 million, or $2.32 per diluted share, for the second quarter of 2022. This compared to operating income of $104.0 million, or $2.85 per diluted share, in the prior-year quarter. The difference between net and operating income in the second quarter of 2022 was primarily due to the after-tax decrease in the fair value of equity securities of $46.6 million, or $1.29 per fully diluted share, which is excluded from operating income.
"We are pleased to report another strong quarter – punctuated by an 11.1% operating return on equity(4) and operating earnings per share of $2.32, as well as double-digit premium growth," said John C. Roche, president and chief executive officer at The Hanover. "Year-to-date, we generated an operating ROE of 13.4% and a 24.0% increase in operating income per share to $5.58, reflecting our continued business momentum, and demonstrating our adeptness to navigate our business through the unprecedented complexities of the current economic environment.
"We remain focused on pricing and other levers to address the ongoing headwinds in Personal Lines, in particular in homeowners," said Roche. "At the same time, very strong performance and returns across our commercial businesses helped to largely offset these pressures, culminating in a consolidated ex-CAT combined ratio(5) of 90.2% in the second quarter. We are pleased with the impressive results within our Core Commercial and Specialty lines as they delivered improved profitability, significant renewal price increases of 11% and 12%, and net written premium growth of 7.7% and 14.0%, respectively. With the ongoing support of our robust agency relationships and talented team, we continue to have confidence in our ability to profitably grow our business and deliver superior returns to our valued shareholders."
"Our diversified book of business, proven insurance portfolio and analytical acumen are serving us exceptionally well in this dynamic environment, allowing us to produce consistent underwriting profit," said Jeffrey M. Farber, executive vice president and chief financial officer at The Hanover. "Additionally, our high-quality investment portfolio generated pre-tax net investment income of $70.5 million. Looking ahead, we expect the current rising interest rate environment to be a long-term positive as robust insurance cashflow and maturing assets are reinvested at higher yields.
"Given the continued elevated inflation and supply chain disruption, we are updating our full year outlook," said Farber. "We expect our ex-CAT combined ratio to be in the range of 90.5% to 91.5%, an increase of one point from our original 2022 outlook. The updated range incorporates our year-to-date performance and assumes no additional prior-year development. In addition, we expect pre-tax net investment income to be in the range of $280 to $285 million, up approximately 5% from our original expectations. While we anticipate some continuing near-term pressure within Personal Lines, we have full confidence in our ability to achieve our 14% long-term operating ROE target as we leverage our specialized capabilities and deliver substantial shareholder value."
Second Quarter Operating Highlights
Core Commercial
Core Commercial operating income before taxes was $66.9 million in the second quarter of 2022, compared to $69.9 million in the second quarter of 2021. The Core Commercial combined ratio was 92.6%, compared to 91.9% in the prior-year quarter. Catastrophe losses in the second quarter of 2022 were $17.8 million, or 3.7 points of the combined ratio, which is net of $10.9 million of favorable prior-year catastrophe development. This compared to catastrophe losses of $13.8 million, or 3.1 points, in the prior-year quarter, which was net of $8.7 million of favorable prior-year catastrophe development.
Second quarter 2022 results included $2.8 million, or 0.6 points, of net favorable prior-year reserve development, excluding catastrophes, driven primarily by continued favorability in workers' compensation. This compared to net favorable prior-year reserve development of $4.6 million, or 1.0 point, in the second quarter of 2021.
Core Commercial current accident year combined ratio, excluding catastrophes, decreased 0.3 points to 89.5% in the second quarter of 2022, from 89.8% in the prior-year quarter. The current accident year loss and LAE ratio, excluding catastrophes, decreased by 0.6 points to 57.0%, primarily driven by the benefit of rate increases earning in.
Net premiums written were $454.2 million in the quarter, up 7.7% from the prior-year quarter, primarily driven by strong growth of 10.5% in small commercial. Core Commercial average rate increased 6.9% in the second quarter, while renewal price change averaged 11.0%.
The following table summarizes premiums and the components of the combined ratio for Core Commercial:
Specialty
Specialty operating income before taxes was $45.2 million in the second quarter of 2022, compared to $34.5 million in the second quarter of 2021. The Specialty combined ratio was 89.4%, compared to 92.3% in the prior-year quarter. Catastrophe losses in the second quarter of 2022 were $6.6 million, or 2.2 points of the combined ratio, which is net of $3.1 million of favorable prior-year catastrophe development. This compared to catastrophe losses of $4.4 million, or 1.7 points, in the prior-year quarter, which was net of $3.3 million of favorable prior-year catastrophe development.
Second quarter 2022 results included $1.2 million, or 0.4 points, of net favorable prior-year reserve development, excluding catastrophes. This compared to net favorable prior-year reserve development of $3.3 million, or 1.3 points, in the second quarter of 2021.
Specialty current accident year combined ratio, excluding catastrophes, decreased 4.3 points to 87.6% in the second quarter of 2022, from 91.9% in the prior-year quarter. The current accident year loss and LAE ratio, excluding catastrophes, decreased by 4.7 points to 52.3%, due to the benefit of rate increases earning in, as well as the impact of a large property loss in the prior-year second quarter.
Net premiums written were $302.3 million in the quarter, up 14.0% from the prior-year quarter, driven primarily by rate and exposure increases. Specialty average rate increased 8.0% in the second quarter, while renewal price change averaged 12.0%.
The following table summarizes premiums and the components of the combined ratio for Specialty:
Personal Lines
Personal Lines operating income before taxes was $2.8 million in the second quarter of 2022, compared to $32.2 million in the second quarter of 2021. The Personal Lines combined ratio was 103.2%, compared to 97.6% in the prior-year quarter. Catastrophe losses in the second quarter of 2022 were $53.0 million, or 10.2 points of the combined ratio, which includes $2.0 million of unfavorable prior-year catastrophe development. This compared to catastrophe losses of $58.6 million, or 12.3 points of the combined ratio, in the prior-year quarter, which was net of $3.0 million of favorable prior-year catastrophe development.
Second quarter 2022 results included net favorable prior-year reserve development, excluding catastrophes, of $5.2 million, or 1.0 point, driven by both auto and homeowners. This compared to net favorable prior-year reserve development of $5.0 million, or 1.0 point, in the second quarter of 2021, driven by auto.
Personal Lines current accident year combined ratio, excluding catastrophe losses, increased 7.7 points to 94.0% in the second quarter of 2022, from 86.3% in the prior-year quarter. The current accident year loss and LAE ratio, excluding catastrophes, increased 9.2 points to 67.3%. The loss ratio increase in auto was attributable to increased property severity, and higher frequency as compared to the unusually low level of claims experienced in the second quarter of 2021. Loss frequency in auto remains below pre-pandemic levels. The increase in the homeowners loss ratio was primarily due to higher than usual large loss activity, and, to a lesser extent, non-CAT weather and continued inflationary pressures on claims costs.
The expense ratio(6) decreased by 1.5 points to 26.7% in the second quarter of 2022, compared to the second quarter of 2021, primarily attributable to fixed cost leverage from premium growth and lower performance-based agency compensation.
Net premiums written were $576.3 million in the quarter, up 10.7% from the prior-year quarter, driven by strong retention. Personal Lines renewal price change averaged 5.4% in the second quarter of 2022, while average rate increases were 3.2%.
The following table summarizes premiums and components of the combined ratio for Personal Lines:
Investments
Net investment income was $70.5 million for the second quarter of 2022, below the prior-year quarter of $75.6 million, primarily due to elevated partnership income in the prior-year quarter, partially offset by the continued investment of operational cashflow. Total pre-tax earned yield on the investment portfolio for the quarter ended June 30, 2022, was 3.19%, down from 3.65% in the prior-year quarter. The average pre-tax earned yield on fixed maturities was 2.97% and 3.02% for the quarters ended June 30, 2022, and 2021, respectively.
Net realized and unrealized investment losses recognized in earnings were $77.9 million in the second quarter of 2022, primarily driven by the change in fair value of equity securities. This compared to net realized and unrealized investment gains recognized in earnings of $31.1 million in the second quarter of 2021.
The company held $8.6 billion in cash and invested assets on June 30, 2022. Fixed maturities and cash represented approximately 86% of the investment portfolio. Approximately 95% of the company's fixed maturity portfolio is rated investment grade. Net unrealized losses on the fixed maturity portfolio as of June 30, 2022, were $587.0 million before taxes, a decrease in fair value of $324.4 million since March 31, 2022, primarily due to higher interest rates.
Shareholders' Equity and Capital Actions
On June 30, 2022, book value per share was $72.20, down 9.3% from March 31, 2022, primarily driven by a decrease in the fair value of fixed maturity investments. Book value per share, excluding net unrealized depreciation on fixed maturity investments(7), net of tax, remained flat compared to March 31, 2022, and increased 2.1% from December 31, 2021.
During the quarter, the company repurchased approximately 27,000 shares of common stock in the open market for $4.1 million. The company has approximately $341 million of remaining capacity under its existing share repurchase program.
Earnings Conference Call
The company will host a conference call to discuss its second quarter results on Wednesday, August 3, at 10:00 a.m. E.T. A PowerPoint slide presentation will accompany the prepared remarks and has been posted on The Hanover's website. Interested investors and others can listen to the call and access the presentation through The Hanover's website, located in the "Investors" section at www.hanover.com. Investors may access the conference call by dialing 1-844-413-3975 in the U.S. and 1-412-317-5458 internationally. Webcast participants should go to the website 15 minutes early to register, download and install any necessary audio software. A re-broadcast of the conference call will be available on The Hanover's website approximately two hours after the call.
About The Hanover
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, the company offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.
Contact Information
Definition of Reported Segments
Continuing operations include four operating segments: Core Commercial, Specialty, Personal Lines and Other. The Core Commercial segment includes commercial multiple peril, commercial automobile, workers' compensation and other commercial lines coverages provided to small and mid-sized businesses. The Specialty segment includes four divisions of business: professional and executive lines, specialty P&C, marine, and surety and other. Specialty P&C includes coverages such as program business (provides commercial insurance to markets with specialized coverage or risk management needs related to groups of similar businesses), specialty industrial and commercial property, and excess and surplus lines. The Personal Lines segment markets automobile, homeowners and ancillary coverages to individuals and families. The "Other" segment includes Opus Investment Management, Inc., which provides investment management services to institutions, pension funds and other organizations, the operations of the holding company, as well as a block of run-off voluntary property and casualty pools business in which the company has not actively participated since 1995.
Financial Supplement
The Hanover's second quarter news release and financial supplement are available in the "Investors" section of the company's website at hanover.com.
Condensed Financial Statements and Reconciliations
The following is a reconciliation from operating income to net income(8):
Forward-Looking Statements and Non-GAAP Financial Measures
Forward-Looking Statements
Certain statements in this document and comments made by management may be "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Words such as, but not limited to, "believes," "anticipates," "expects," "may," "projects," "projections," "plan," "likely," "potential," "targeted," "forecasts," "should," "could," "continue," "outlook," "guidance," "modeling," "moving forward" and other similar expressions are intended to identify forward-looking statements. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. The company cautions investors that any such forward-looking statements are estimates, beliefs, expectations and/or projections that involve significant judgment, and that historical results, trends and forward-looking statements are not guarantees and are not necessarily indicative of future performance. Actual results could differ materially from those anticipated.
These statements include, but are not limited to, the company's statements regarding:
- The company's outlook and its ability to achieve components or the sum of the respective period guidance on its future results of operations including: the combined ratio, excluding catastrophe losses; catastrophe losses; net investment income; growth of net premiums written and/or net premiums earned in total or by line of business; expense ratio; operating return on equity; and/or the effective tax rate;
- The continued impacts of the global pandemic ("Pandemic") and related economic conditions on the company's operating and financial results, including, but not limited to, the impact on the company's investment portfolio, changes in claims frequency as a result of fluctuations in economic activity, severity from higher cost of repairs due to, among other things, supply chain disruptions, inflation, declines in premium as a result of, among other things, credits or returns to the company's customers, lower submissions, changes in renewals and policy endorsements, public health guidance, recession, and the impact of government orders and restrictions in the states and jurisdictions in which the company operates;
- Uses of capital for share repurchases, special or ordinary cash dividends, business investments or growth, or otherwise, and outstanding shares in future periods as a result of various share repurchase mechanisms, capital management framework, especially in the current environment, and overall comfort with liquidity and capital levels;
- Variability of catastrophe losses due to risk concentrations, changes in weather patterns including climate change, wildfires, severe storms, hurricanes, terrorism, civil unrest, riots or other events, as well as the complexity in estimating losses from large catastrophe events due to delayed reporting of the existence, nature or extent of losses or where "demand surge," regulatory assessments, litigation, coverage and technical complexities or other factors may significantly impact the ultimate amount of such losses;
- Current accident year losses and loss selections ("picks"), excluding catastrophes, and prior accident year loss reserve development patterns, particularly in complex "longer-tail" liability lines, as well as the inherent variability in short-tail property and non-catastrophe weather losses;
- Changes in frequency and loss severity trends;
- Ability to manage the impact of inflationary pressures, as a result of the Pandemic, global market disruptions, geopolitical events or otherwise, including, but not limited to, supply chain disruptions, labor shortages, and increases in cost of goods, services, and materials;
- The confidence or concern that the current level of reserves is adequate and/or sufficient for future claim payments, whether due to losses that have been incurred but not reported, circumstances that delay the reporting of losses, business complexity, adverse judgments or developments with respect to case reserves, the difficulties and uncertainties inherent in projecting future losses from historical data, changes in replacement and medical costs, as well as complexities related to the Pandemic, including legislative, regulatory or judicial actions that expand the intended scope of coverages, or other factors;
- Characterization of some business as being "more profitable" in light of inherent uncertainty of ultimate losses incurred, especially for "longer-tail" liability businesses;
- Efforts to manage expenses, including the company's long-term expense savings targets, while allocating capital to business investment, which is at management's discretion;
- Risks and uncertainties with respect to our ability to retain profitable policies in force and attract profitable policies and to increase rates commensurate with, or in excess of, loss trends;
- Mix improvement, underwriting initiatives, coverage restrictions and pricing segmentation actions, among others, to grow businesses believed to be more profitable or reduce premiums attributable to products or lines of business believed to be less profitable; balance rate actions and retention; offset long-term and/or short-term loss trends due to increased frequency; increased "social inflation" from a more litigious environment and higher average cost of resolution, increased property replacement costs, and/or social movements;
- The ability to generate growth in targeted segments through new agency appointments; rate increases (as a result of its market position, agency relationships or otherwise), retention improvements or new business; expansion into new geographies; new product introductions; or otherwise; and
- Investment returns and the effect of macro-economic interest rate trends and overall security yields, including the macro-economic impact of the Pandemic, inflationary pressures and corresponding governmental and/or central banking initiatives taken in response thereto, and geopolitical circumstances on new money yields and overall investment returns.
Additional Risks and Uncertainties
Investors are further cautioned and should consider the risks and uncertainties in the company's business that may affect such estimates and future performance that are discussed in the company's most recently filed reports on Form 10-K and Form 10-Q and other documents filed by The Hanover Insurance Group, Inc. with the Securities and Exchange Commission ("SEC") and that are also available at www.hanover.com under "Investors." These risks and uncertainties include, but are not limited to:
- The severity, duration and long-term impact related to the Pandemic, including, but not limited to, actual and possible government responses, legislative, regulatory and judicial actions, changes in frequency and severity of claims in Core Commercial, Specialty and/or Personal Lines, impacts to distributors (including agent partners), and the possibility of additional premium adjustments, including credits and returns, for the benefit of insureds;
- Changes in regulatory, legislative, economic, market and political conditions, particularly in response to COVID-19 and the Pandemic (such as legislative or regulatory actions that would retroactively require insurers to cover business interruption or other types of claims irrespective of terms, exclusions or other conditions included in the contractual terms of the policies that would otherwise preclude coverage, mandatory returns and other rate-related actions, as well as presumption legislation in regards to workers' compensation);
- Heightened volatility, fluctuations in interest rates (which have a significant impact on the market value of our investment portfolio and thus our book value), inflationary pressures, default rates and other factors that affect investment returns from the investment portfolio;
- Recessionary economic periods that may inhibit the company's ability to increase pricing or renew business;
- Data security incidents, including, but not limited to, those resulting from a malicious cyber security attack on the company or its business partners and service providers, or intrusions into the company's systems or data sources;
- Adverse claims experience, including those driven by large or increased frequency of catastrophe events (including those related to terrorism, riots and civil unrest), and severe weather;
- The uncertainty in estimating weather-related losses or the long-term impacts of the Pandemic, and the limitations and assumptions used to model other property and casualty losses (particularly with respect to products with longer-tail liability lines, such as casualty and bodily injury claims, or involving emerging issues related to losses incurred as the result of new lines of business, such as cyber or financial institutions coverage, or reinsurance contracts and reinsurance recoverables), leading to potential adverse development of loss and loss adjustment expense reserves;
- Changes in weather patterns, whether as a result of global climate change, or otherwise;
- Litigation and the possibility of adverse judicial decisions, including those which expand policy coverage beyond its intended scope and/or award "bad faith" or other non-contractual damages, and the impact of "social inflation" affecting judicial awards and settlements;
- The ability to increase or maintain insurance rates in line with anticipated loss costs and/or governmental action, including mandates by state departments of insurance to either raise or lower rates or provide credits or return premium to insureds;
- Investment impairments, which may be affected by, among other things, the company's ability and willingness to hold investment assets until they recover in value, as well as credit and interest rate risk, and general financial and economic conditions;
- Disruption of the independent agency channel, including the impact of competition and consolidation in the industry and among agents and brokers;
- Competition, particularly from competitors who have resource and capability advantages;
- The global macroeconomic environment, including actions taken in response to the Pandemic, inflation, global trade disputes, war, energy market disruptions, equity price risk, and interest rate fluctuations, which, among other things, could result in reductions in market values of fixed maturities and other investments;
- Adverse state and federal regulation, legislative and/or regulatory actions (including recent significant revisions to Michigan's automobile personal injury protection system and related litigation, and various regulations, orders and proposed legislation related to business interruption and workers' compensation coverages, premium grace periods and returns, and rate actions);
- Financial ratings actions, in particular, downgrades to the company's ratings;
- Operational and technology risks and evolving technological and product innovation, including risks created by remote work environments, and the risk of cyber-security attacks on or breaches of the company's systems and/or impacting our outsourcing relationships and third-party operations, or resulting in claim payments (including from products not intended to provide cyber coverage);
- Uncertainties in estimating indemnification liabilities recorded in conjunction with obligations undertaken in connection with the sale of various businesses and discontinued operations; and
- The ability to collect from reinsurers, reinsurance pricing, reinsurance terms and conditions, and the performance of the run-off voluntary property and casualty pools business (including those in the Other segment or in discontinued operations).
Investors should not place undue reliance on forward-looking statements, which speak only as of the date they are made, and should understand the risks and uncertainties inherent in or particular to the company's business. The company does not undertake the responsibility to update or revise such forward-looking statements.
Non-GAAP Financial Measures
As discussed on page 37 of the company's Annual Report on Form 10-K for the year ended December 31, 2021, the company uses non-GAAP financial measures as important measures of its operating performance, including operating income, operating income before interest expense and income taxes, operating income per share, and components of the combined ratio, both excluding and/or including, catastrophe losses, prior-year reserve development and the expense ratio. Management believes these non-GAAP financial measures are important indications of the company's operating performance. The definition of other non-GAAP financial measures and terms can be found in the 2021 Annual Report on pages 63-66.
Operating income and operating income per share are non-GAAP measures. They are defined as net income excluding the after-tax impact of net realized and unrealized investment gains (losses), gains and/or losses on the repayment of debt, other non-operating items, and results from discontinued operations. Net realized and unrealized investment gains (losses), which include changes in the fair value of equity securities still held, are excluded for purposes of presenting operating income, as they are, to a certain extent, determined by interest rates, financial markets and the timing of sales. Operating income also excludes net gains and losses from disposals of businesses, gains and losses related to the repayment of debt, costs to acquire businesses, restructuring costs, the cumulative effect of accounting changes, and certain other items. Operating income is the sum of the segment income from: Core Commercial, Specialty, Personal Lines, and Other, after interest expense and income taxes. In reference to one of the company's four segments, "operating income" is the segment income before both interest expense and income taxes. The company also uses "operating income per share" (which is after both interest expense and income taxes). It is calculated by dividing operating income by the weighted average number of diluted shares of common stock. The company believes that metrics of operating income and operating income in relation to its four segments provide investors with a valuable measure of the performance of the company's continuing businesses because they highlight the portion of net income attributable to the core operations of the business. Income from continuing operations is the most directly comparable GAAP measure for operating income (and operating income before income taxes) and measures of operating income that exclude the effects of catastrophe losses and/or reserve development should not be misconstrued as substitutes for income from continuing operations or net income determined in accordance with GAAP. A reconciliation of operating income (loss) to income from continuing operations and net income for the relevant periods is included on page 10 of this news release and in the Financial Supplement.
Operating return on equity ("ROE") is a non-GAAP measure. See end note (4) for a detailed explanation of how this measure is calculated. Operating ROE is based on non-GAAP operating income. In addition, the portion of shareholder equity attributed to unrealized appreciation (depreciation) on fixed maturity investments, net of tax, is excluded. The company believes this measure is helpful in that it provides insight to the capital used by, and results of, the continuing business exclusive of interest expense, income taxes, and other non-operating items. These measures should not be misconstrued as substitutes for GAAP ROE, which is based on net income and shareholders' equity of the entire company and without adjustments.
The company may also provide measures of operating income and combined ratios that exclude the impact of catastrophe losses (which in all respects include prior accident year catastrophe loss development). A catastrophe is a severe loss, resulting from natural or manmade events, including, but is not limited to, hurricanes, tornadoes, windstorms, earthquakes, hail, severe winter weather, freeze events, fire, explosions, civil unrest and terrorism. Due to the unique characteristics of each catastrophe loss, there is an inherent inability to reasonably estimate the timing or loss amount in advance. The company believes a separate discussion excluding the effects of catastrophe losses is meaningful to understand the underlying trends and variability of earnings, loss and combined ratio results, among others.
Prior accident year reserve development, which can either be favorable or unfavorable, represents changes in the company's estimate of costs related to claims from prior years. Calendar year loss and loss adjustment expense ("LAE") ratios determined in accordance with GAAP, excluding prior accident year reserve development, are sometimes referred to as "current accident year loss ratios." The company believes a discussion of loss and combined ratios, excluding prior accident year reserve development, is helpful since it provides insight into both estimates of current accident year results and the accuracy of prior-year estimates.
The loss and combined ratios in accordance with GAAP are the most directly comparable GAAP measures for the loss and combined ratios calculated excluding the effects of catastrophe losses and/or reserve development. The presentation of loss and combined ratios calculated excluding the effects of catastrophe losses and/or reserve development should not be misconstrued as substitutes for the loss and/or combined ratios determined in accordance with GAAP.
Endnotes
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SOURCE The Hanover Insurance Group, Inc.
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| 2022-08-02T21:35:41Z
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DALLAS, July 25, 2022 /PRNewswire/ -- Nanoscope Therapeutics Inc., a clinical-stage biotechnology company developing gene therapies for retinal degenerative diseases, today announced that the first patient has been dosed in a Phase 2 trial of its Multi-Characteristic Opsin (MCO-010) ambient-light activatable optogenetic monotherapy for Stargardt disease.
"This trial represents the second indication for our vision restoring therapy for people blinded by rare inherited retinal degenerative diseases regardless of gene mutations," said Sulagna Bhattacharya, CEO of Nanoscope. "Our RESTORE Phase 2b trial for Retinitis Pigmentosa patients has completed enrollment and results are expected in Q1 2023. There are no approved treatments for these debilitating conditions."
The Phase 2 STARLIGHT open-label trial (NCT05417126) currently has active clinical sites in Texas and Florida and will enroll approximately six patients to receive the same MCO-010 dose of 1.2E11gc/eye as used in the Phase 2b Retinitis Pigmentosa (RP) study. Six-month safety and efficacy data are expected in Q1 2023. Stargardt disease is a progressive, inherited condition affecting children and adults. The condition results in damage to the macula, the central part of the retina responsible for central and detailed vision. Stargardt disease can be caused by several different gene mutations and is the second most common inherited retinal condition after RP.
"Existing experimental treatments for Stargardt primarily aim to slow progression of vision loss. For people who already have advanced vision loss, an optogenetics based approach, such as MCO-010, may have much greater potential to restore lost vision," Aaron Osborne, CMO and CDO at Nanoscope added.
"MCO-010 offers new hope for individuals with Stargardt macular degeneration. Stargardt patients with severe degeneration typically lack sufficient light sensing photoreceptor neurons needed to qualify for experimental ABCA4 gene specific therapies. Optogenetic therapy may be able to treat a wider group of patients with Juvenile macular degeneration regardless of the status of their light sensing photoreceptor neurons," said Stephen Tsang, MD, PhD, Laszlo Z. Bito Professor of Ophthalmology, Pathology and Cell Biology at Columbia University Irving Medical Center and advisor to Nanoscope Therapeutics.
Nanoscope's MCO-010 gene therapy reprograms healthy retinal cells to make them photosensitive. It uses proprietary vector and promoter technology to deliver the MCO genes into retinal bipolar cells enabling vision in different color environments. The therapy involves a single intravitreal injection in a medical office setting.
Nanoscope Therapeutics is developing gene-agnostic, sight restoring optogenetic therapies for the millions of patients blinded by retinal degenerative diseases, for which no cure exists. The company's lead asset, MCO-010, is presently in Phase 2b multicenter, randomized, double-masked, sham-controlled clinical trials in the U.S. for retinitis pigmentosa (NCT04945772) with top line data expected Q1 2023. The company has also initiated a Phase 2 trial of MCO-010 therapy in Stargardt patients (NCT05417126). MCO-010 has received FDA orphan drug designations for RP and Stargardt. Preclinical assets include non-viral laser delivered MCO-020 gene therapy for geographic atrophy.
Investor Contact:
Argot Partners
212-600-1902
Nanoscope@argotpartners.com
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https://www.kxii.com/prnewswire/2022/07/25/nanoscope-therapeutics-announces-first-patient-dosed-starlight-phase-2-clinical-trial-mco-010-optogenetic-gene-therapy-stargardt-disease/
| 2022-07-25T11:39:11Z
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DELAWARE, Ohio, April 1, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader and industrial packaging solutions provider, announced today that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or "FPS" for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments, to Gulf Refined Packaging.
"Completion of the FPS divestiture and the exit of the joint venture relationship is an important step in advancing our Build to Last Strategy," said Ole Rosgaard, Greif's President and Chief Executive Officer. "I would like to thank our FPS colleagues for their hard work over the last 11 years and wish them the very best in the future."
Proceeds from the sale of FPS will be used toward debt repayment. The impact from this sale has been factored into Greif's recently announced increased earnings guidance for Fiscal 2022.
About Greif
Greif is a global leader in industrial packaging products and services and is pursuing its vision: to be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.
Contact:
Matt Leahy
740-549-6158
matthew.leahy@greif.com
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SOURCE Greif, Inc.
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https://www.mysuncoast.com/prnewswire/2022/04/01/greif-inc-completes-sale-flexible-packaging-joint-venture-gulf-refined-packaging/
| 2022-04-01T13:56:47Z
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VALCOURT, QC, June 14, 2022 /PRNewswire/ - BRP (TSX: DOO) (NASDAQ: DOOO) announces today that it increased total available commitments under its revolving credit facility by CA$400 million to reach CA$1.5 billion in total and obtained an incremental US$100 million term loan from certain existing lenders under its term loan credit agreement.
"We are pleased to have been able to complete these transactions that strengthen our liquidity position. Our ability to complete these transactions reflects the strong momentum we have experienced during our fiscal year completed on January 31, our first quarter of the current fiscal year and the solid outlook we have for our business," said Sébastien Martel, Chief Financial Officer at BRP. "With our strengthened balance sheet, we are well positioned to continue creating value for our shareholders through sustained investments in our long-term growth and strategic capital deployment."
The costs of borrowing under the revolving credit agreement remain unchanged. The new term loan tranche bears interest at a rate of Term SOFR (defined as the forward-looking term rate based on SOFR plus a credit spread adjustment) plus 3.0%, with a Term SOFR floor of 0.5%, and matures on June 10, 2024. Pursuant to this financing, the amount outstanding under the Company's Term Facility (including its Term Loan B-1) will be US$1,588.6 billion. The proceeds of the incremental US$100 million term loan will be used for general corporate purposes and to pay fees and expenses related to the financing.
We are a global leader in the world of powersports products, propulsion systems and boats built on 80 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel portfolio to fully enhance the riding experience. With annual sales of CA$7.6 billion from over 120 countries, our global workforce includes close to 20,000 driven, resourceful people.
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou, Quintrex and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.
Certain statements in this press release, including statements relating to the expected use of proceeds of the incremental term loan and its impact on the Company's liquidity position and other statements that are not historical facts, constitute forward-looking statements within the meaning of applicable securities laws. The words "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indications", "anticipates", "believes", "estimates", "outlook", "predicts", "projects", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements.
Forward-looking statements, by their very nature, involve inherent risks and uncertainties and are based on a number of assumptions, both general and specific. The Company cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although believed reasonable at the time they were made, subject to greater uncertainty. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, including, without limitation, the risk factors discussed in greater detail under the heading "Risk Factors" of its Annual Information Form dated March 24, 2022.
The forward-looking statements contained in this press release are made as of the date of this press release, and the Company has no intention and undertakes no obligation to update or revise any forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities regulations. In the event that the Company does update any forward-looking statements contained in this press release, no inference should be made that the Company will make additional updates with respect to that statement, related matters or any other forward-looking statement. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
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https://www.mysuncoast.com/prnewswire/2022/06/14/brp-announces-ca400-million-increase-its-revolving-credit-facility-an-incremental-us100-million-term-loan/
| 2022-06-14T22:33:05Z
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War in Ukraine is scrambling the world’s ability to fight climate change
By Alicia Wallace, CNN Business
The war in Ukraine has thrown the global economy into chaos — and the worst is yet to come, experts say.
The conflict has disrupted logistics, business operations and trade pipelines across the world: sea, land and air freight are taking roundabout routes to avoid no-fly zones and hazards of war; multinational companies are abandoning operations because of sanctions and pressure to sever ties; and countries are scrambling to meet near-term energy needs — in some cases doubling down on coal — in their efforts to reduce dependency on Russian exports.
“Everything is coming to roost,” said Alla Valente, senior analyst on Forrester Research’s security and risk team.
“It’s not just logistics time, it’s not just the cost of oil or how much oil is being used, it’s not just waiting to get our shipment of semiconductor chips, it’s not just the transportation labor shortage,” she said. “It’s not any one of those things, it’s all of those things.”
Dysfunction in supply chains and energy will lead to even higher costs for consumers, businesses, governments — and, ultimately, the environment, experts say.
“War is an energy-intensive business,” said Nikos Tsafos, an energy and geopolitics expert at the Center for Strategic and International Studies. “It takes energy to move things around, to move troops and equipment.”
Already, global oil prices have risen to their highest levels in nearly a decade, driving up costs for everything from food to fertilizer.
“Steeper price increases for food and fuel may spur a greater risk of unrest in some regions,” the International Monetary Fund warned last month. “Longer term, the war may fundamentally alter the global economic and geopolitical order should energy trade shift, supply chains reconfigure, payment networks fragment, and countries rethink reserve currency holdings.”
A retreat from Russian oil and gas
Those shifts are already happening as countries around the world seek to reduce their reliance on Russian oil, gas and other commodities.
The US has banned all Russian oil, natural gas and coal imports, and the United Kingdom has laid out a plan to phase out Russian oil imports by the end of the year and eventually put an end to natural gas imports as well.
The European Union, meanwhile, has said it would impose a fifth round of sanctions on Russia, including an import ban on Russian coal, though it has stopped short of banning Russian oil.
Europe imports about 40% of its natural gas from Russia, and has laid out a plan to reduce Russian natural gas imports by 66% this year.
“We must become independent from Russian oil, coal and gas,” European Commission President Ursula von der Leyen said in a statement last month. “We simply cannot rely on a supplier who explicitly threatens us.”
Russia’s actions “will have enormous economic repercussions for the world,” US Treasury Secretary Janet Yellen said in annual testimony to the House Financial Services Committee on Wednesday. In addition to creating global food insecurity and debt burdens, “we are witnessing the vulnerability that comes from relying on one fuel source or one trade partner, which is why it is imperative to diversify energy sources and suppliers,” she said.
Energy security vs. climate strategy
In the immediate term, EU countries are forced to explore a variety of means for keeping energy flowing and their citizens warm during the winter, Tsafos said.
And that very well could include the use of more coal. Countries that previously viewed natural gas as a stepping stone in energy transition plans are now considering burning coal for longer than planned, said Frans Timmermans, who is spearheading the EU’s Green Deal efforts. However, Timmermans cautioned that such a move should only be used as a stopgap and that a rapid acceleration toward renewable energy should follow.
To help fill the gaps, the US has also shifted some of its liquified natural gas exports to Europe, said Tsafos. And the Biden Administration has reportedly weighed exemptions to a recent ban on financing fossil fuel projects overseas, Reuters reported.
“I think the overarching objective of Europeans is to do things that don’t undermine their climate strategy, so they would like to not use more coal unless they have to,” Tsafos said, noting the European Union’s goals of being climate-neutral by 2050 and reducing greenhouse gas emissions 55% by 2030. “But so far, what their strategy boils down to is to try to buy whatever gas they can find, and I think the risk of that, is this could put a lot of stress on the gas market.”
Near-term energy security efforts aside, the current crisis will likely spur Europe and others to accelerate their climate plans, wean themselves off fossil fuels and invest more in renewable energy technologies, said Ryan Kellogg, a University of Chicago Harris School of Public Policy professor who specializes in energy economics, environmental policy and industrial organization.
“All of that takes time. It’s not really going to help with the acute high prices and the pain that consumers are feeling now,” he said. “Where it does help is when the next crisis hits.”
CNN Business’ Mark Thompson contributed to this report.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/money/cnn-business-consumer/2022/04/07/war-in-ukraine-is-scrambling-the-worlds-ability-to-fight-climate-change/
| 2022-04-07T19:52:56Z
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LOS ANGELES, May 31, 2022 /PRNewswire/ -- Athos Therapeutics, Inc. (the "Company"), a late-stage preclinical biotech company using artificial intelligence to develop small molecule therapeutics for immune-mediated diseases and cancer, announced today that Yiannis Monovoukas, PhD, MBA, and Monte Stettin were appointed as advisors and observers to the Board of Directors of Athos Therapeutics.
"I am delighted to join the Athos Board of Directors as an observer," said Dr. Monovoukas. "This is an exciting time for Athos as we're about to begin a first-in-human clinical trial with the company's lead molecule with applications across different autoimmune diseases and cancer. The Athos team has developed an impressive platform technology and I look forward to assisting them with future strategic options."
"It is a great privilege to join the Athos team in an advisory role and join as a Board of Directors Observer," said Mr. Stettin. "Athos has an extraordinary corporate culture, and a team that works nimbly, doing in months what takes others years to achieve. Their leadership, team, and boards are top notch and function in unity with great mutual respect and seamless cooperation. This is a company that will be highly disruptive and make history."
"Dr. Monovoukas is a highly experienced and successful entrepreneur and Mr. Stettin is advising us on the development and expansion of our computational platform. Both have strong business acumen and it is our pleasure and honor to have them as advisors to our board," said Dimitrios Iliopoulos, PhD, MBA, President & CEO.
"We are very pleased to welcome Yiannis Monovoukas and Monte Stettin as observers to our Board of Directors," said Allan Pantuck, MD, MS, FACS, Chairman, Founder & CMO. "Both of these valuable additions bring to our Board decades of experience at the intersection of technology and life sciences, including in the commercialization of new therapeutics. Their expertise will be invaluable as Athos moves into the clinical and commercialization phases of development."
Monte Stettin is the Founder and CEO of Mahler Development Company as well as an advisor to a number of businesses and philanthropies. Mr. Stettin is a C class executive and entrepreneur with a career spanning publishing, advertising, entertainment and media, real estate development, design, invention, alternative energy, medical devices, software, and healthcare with a strong interest in exponential technologies and their deployment to improve the lives of the bottom billions. Monte is a benefactor of Singularity University, public speaker, connector and change agent residing in Beverly Hills California.
Yiannis Monovoukas, PhD, MBA, is the Founder, President, and CEO of Helios Cardio Inc., the cofounder and Managing Partner at SpringTide Investments, and the cofounder and Managing Partner at Falcon III Ventures. Dr. Monovoukas was previously the cofounder, President, and CEO of AuraGen Aesthetics, the Chairman, President, and CEO of TEI Biosciences, and the President and CEO of Thermo Fibergen. Yiannis holds an MBA from Harvard Business School and a PhD in Chemical Engineering from Stanford University. Dr. Monovoukas was winner of the prestigious Ernst & Young Entrepreneur of The Year® 2011 Award for New England in Life Sciences, and was a 2011 Life Sciences US National Finalist.
The Mission of Athos Therapeutics is to develop first-in-class medications that will significantly impact the lives of patients with autoimmune disorders, chronic inflammatory diseases, and cancer. Athos is a late-stage preclinical biotech company developing small molecule therapeutics for immune-mediated diseases and cancer using artificial intelligence-generated innovative chemistry and computational platforms. The co-founders of Athos include one of the founders of Kite Pharma (acquired for $12B), the medicinal chemist behind two multi-billion-dollar FDA-approved drugs (Xtandi & Erleada), and the discoverer of the miR-124 drug target, currently in a Phase III IBD trial. Athos identifies novel drug targets (hubs) by integrating clinical and molecular datasets into the biological network of a disease (the disease interactome) and matches them to its small molecule computational chemistry platform. ATH-63, the Company's lead drug compound, is moving into a Phase Ia human clinical trial in 2022. The Athos pipeline includes small molecule approaches for various autoimmune disease and cancer.
Additional information about Athos Therapeutics can be found at https://athostx.com/
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| 2022-05-31T15:32:54Z
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DALLAS (KDAF) — “I just have a very disciplined pose.”
Who knew such a simple explanation would become a viral meme; one that the State Fair of Texas is getting in on.
The State Fair of Texas tweeted this (photoshopped) image with the caption, “Y’all it’s not Photoshop! @ChrisEvans just had a very disciplined pose at the Fair.”
Disclaimer: The picture is obviously photoshopped and the caption is referencing a viral meme.
It all started with this tweet from Pixar, showing Chris Evans posed with Disney mascots on Pixar Pier at Disney’s California Adventure. The tweet was promoting the new Lightyear movie starring Evans.
“Chris Evans (@ChrisEvans), voice of #Lightyear, made a special appearance yesterday at Disney California Adventure Park! Check out photos from yesterday and see #Lightyear in theaters June 17!” the tweet said.
However, things took a humorous turn when Chris Evans quote tweeted the tweet, providing a disclaimer that he is actually in the picture and not photoshopped in.
“I promise I’m not photoshopped into these! I just have a very disciplined pose. 🤦🏻♂️ (And I don’t know what to do with my hands).”
I feel your pain, Chris. You are heard.
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https://cw33.com/news/local/is-this-picture-of-chris-evans-at-the-texas-state-fair-photoshopped-or-does-he-just-have-a-disciplined-pose/
| 2022-06-15T17:46:22Z
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(The Hill) – The House select committee investigating the Jan. 6, 2021, attack on the Capitol issued subpoenas to five Republican members of Congress on Thursday as the panel prepares for a slate of public hearings next month.
House Minority Leader Kevin McCarthy (R-Calif.) and Reps. Scott Perry (R-Pa.), Jim Jordan (R-Ohio), Andy Biggs (R-Ariz.) and Mo Brooks (R-Ala.) received subpoenas.
It marks the first time the select committee has sent subpoenas to its own House colleagues.
Rep. Bennie Thompson (D-Miss.), the chairman of the Jan. 6 panel, said the committee decided to issue subpoenas after the GOP lawmakers refused the opportunity to speak with the lawmakers voluntarily.
“The Select Committee has learned that several of our colleagues have information relevant to our investigation into the attack on January 6th and the events leading up to it. Before we hold our hearings next month, we wished to provide members the opportunity to discuss these matters with the committee voluntarily. Regrettably, the individuals receiving subpoenas today have refused and we’re forced to take this step to help ensure the committee uncovers facts concerning January 6th,” Thompson said in a statement.
“We urge our colleagues to comply with the law, do their patriotic duty, and cooperate with our investigation as hundreds of other witnesses have done,” he added.
The move is a significant escalation in the committee’s inquiry. Investigative panels have rarely used their subpoena powers on fellow legislators, but there is some precedent from entities like the House Ethics Committee. So far the panel has focused its subpoenas on members of the Trump administration and various figures linked to the attack on the Capitol.
GOP members could try to challenge the subpoenas with lawsuits, as at least a dozen other potential witnesses have done, raising the possibility that the partisan battle over the select committee’s work will spill into court.
So far, federal courts have largely upheld the panel’s investigative demands and its authority to issue subpoenas in the face of various legal challenges. But any legal challenge from the GOP lawmakers is sure to be tied up in court for months as the panel races to complete its work ahead this year’s midterm elections.
The panel said the group of lawmakers issued subpoenas include members who took part in meetings at the White House, had conversations with then-President Trump in the lead-up to the Capitol attack and were involved
Late last month, after The New York Times published audio of McCarthy airing concerns about his GOP colleagues in the aftermath of the Capitol riot, Thompson told reporters that the Republican leader would be issued another invitation “in all probability.”
He did not, however, rule out the possibility of a subpoena for McCarthy if he rebuffed the second invitation, saying “that will be a consideration for the committee.”
In a statement announcing the subpoenas, the committee said McCarthy was in communication with Trump and White House staffers before, during and after the Capitol attack.
The panel also said McCarthy “claimed to have had a discussion with the President in the immediate aftermath of the attack during which President Trump admitted some culpability for the attack,” likely a reference to an interview the GOP leader did with a local California radio station in the days after the attack.
McCarthy told KERN on Jan. 12, 2021, “I say he has responsibility,” adding, “He told me personally that he does have some responsibility. I think a lot of people do,” according to CNN.
McCarthy told reporters on Thursday that he had not seen the subpoena and would not say if he will comply.
“My view on the committee has not changed. They’re not conducting a legitimate investigation. It seems as though they just want to go after their political opponents,” he said.
The panel in its statement claimed that Perry “was directly involved” with efforts to install Department of Justice attorney Jeffrey Clark as acting attorney general, an undertaking that was reportedly considered to forward election fraud probes when other department officials refused to.
The committee also said the Pennsylvania Republican communicated with the White House “about a number of matters relevant to the Select Committee’s investigation, including allegations that Dominion voting machines had been corrupted.”
Perry reacted to the subpoena in a statement, claiming that the panel, which he called an “illegitimate body” had leaked the subpoenas before contacting lawmakers. He said such a move was “proof positive” that the probe is a “political witch hunt.”
“That this illegitimate body leaked their latest charade to the media ahead of contacting targeted Members is proof positive once again that this political witch hunt is about fabricating headlines and distracting Americans from their abysmal record of running America into the ground,” Perry wrote.
He told reporters that the investigation is a “charade.”
The panel said Jordan communicated with Trump on Jan. 6 and said he took part in meetings and conversations in late 2020 and early 2021 that focused on “strategies for overturning the 2020 election.”
Biggs, according to the committee’s statement, engaged in meetings regarding plans for Jan. 6 and had involvement in “plans to bring protestors to Washington for the counting of Electoral College votes.”
The group also said Biggs “was involved in efforts to persuade state officials that the 2020 was stolen.” Additionally, the panel said former White House personnel have indicated that Biggs was potentially involved with an effort to receive a presidential pardon for actions related to Trump’s effort to overturn the results of the presidential election.
The committee noted in its statement that Biggs spoke at the rally that preceded the Capitol riot and said he encouraged those in the crowd to “start taking down names and kicking ass.”
The panel also said Brooks has publicly spoken about conversations he had with Trump.
“Mr. Brooks has publicly described conversations in which the former President urged him to work to ‘rescind the election of 2020’ and reinstall Mr. Trump as President,” the committee wrote.
Additionally, the panel said it has evidence that members of Brooks’s staff met with staff working for then-Vice President Mike Pence prior to Jan. 6 where his team “conveyed the view that the Vice President does not have authority to unilaterally refuse to count certified electoral votes.”
The subpoenas come less than one month before the committee is scheduled to begin a series of eight public hearings. Thompson in April said the hearings will pull together a “combination of witnesses, exhibits, things that we have through the tens of thousands of exhibits we’ve […] looked at, as well as the hundreds of witnesses we deposed or just talked to in general.”
The committee has already spoken to almost a thousand individuals, according to The Associated Press, including those close to Trump.
House Majority Leader Steny Hoyer (D-Md.) told reporters on Thursday that the subpoenas are “not an escalation at all.”
“We ought to all be subject to being asked to tell the truth before a committee that is seeking information that is important to our country and to our democracy,” he said.
Asked if he is concerned that the subpoenas are putting his own members at risk of the same requests if the GOP takes the majority, Hoyer said “I have no problem being subpoenaed.”
“Personally, you know, I’ll tell the truth. If I have information they need, that’s fine. I do not understand this extraordinary reaction to pursuing a legal, appropriate process.”
House Speaker Nancy Pelosi (D-Calif.) declined to comment.
Emily Brooks contributed to this report.
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https://cw33.com/news/nexstar-media-wire/jan-6-panel-issues-subpoenas-to-five-gop-lawmakers/
| 2022-05-27T05:46:42Z
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NEW YORK, July 25, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XELA, RDBX, VTGN, TBLT, and IEA.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- XELA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XELA&prnumber=072520225
- RDBX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RDBX&prnumber=072520225
- VTGN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=VTGN&prnumber=072520225
- TBLT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TBLT&prnumber=072520225
- IEA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=IEA&prnumber=072520225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
View original content to download multimedia:
SOURCE InvestorsObserver
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https://www.wibw.com/prnewswire/2022/07/25/thinking-about-buying-stock-exela-technologies-redbox-entertainment-vistagen-therapeutics-toughbuilt-industries-or-infrastructure-amp-energy-alternatives/
| 2022-07-25T16:08:32Z
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Viking film hosts community outreach event to fundraise and spread project awareness
HOUSTON, May 17, 2022 /PRNewswire/ -- Last week, Longship Productions, LLC, a media production company specializing in filmmaking, announced online a "Viking Feast" to raise funds for their feature film, Valhalla Awaits. The event will be held at the BonFire Grill in Tomball, TX, on 5/21/2022 from 12:00 PM to 10:00 PM CST. The feast is the first of a few planned community events.
Tickets are now on sale and selling quickly. Longship Productions CEO A. Priscilla Robles said, "Not even 15 minutes in, and we are already sold out for the VIP section at the King's Table!" Attendees can enjoy live entertainment including music and Norse tales from cast member Corey Mescon, who will be playing the film's Storyteller. Attendees can also enjoy 10 select vendors, such as Bells Leatherworks and Texas Tickler Beard Co., for unique merchandise and partake in a silent auction and raffle. Norse-inspired food and drink, including beer and cocktails, can be purchased at the event. General admission costs $10.00. Select VIP upgrades are selling out quickly, but there is still time for attendees to upgrade their ticket for perks such as sitting with Cast at the King's Court!
About the Company: Longship Productions, LLC, CEO A. Priscilla Robles is an executive producer of Valhalla Awaits with over 7 years of experience in the media production industry. She has operated in all walks of the industry from commercials, music videos, television, web series, shorts, and feature films. CFO, Ivan John Winkler is a producer of Valhalla Awaits with over 5 years of film industry experience holding multiple titles and he brings his 20 years of business and management expertise to the table as well. CTO, Dave Kufner is a key creative lead for the production. After completing his career with the US military in 2013, Dave has turned his attention to the acting world and will be portraying King Sigurd Hring of Sweden in the film. Together with their combined expertise, they created Longship Productions in the Spring of 2022 with a hardworking team to produce Valhalla Awaits and other creative projects. Valhalla Awaits plans to release in 2023.
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SOURCE Longship Productions, LLC
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https://www.kxii.com/prnewswire/2022/05/17/houston-based-viking-film-host-viking-feast/
| 2022-05-17T05:39:31Z
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ATLANTA (AP) — Rory McIlroy set the tone for a contentious week at Wentworth for the BMW PGA Championship when he contemplated 18 players from Saudi-funded LIV Golf who have entered the European tour’s flagship event.
In his news conference Sunday after winning the FedEx Cup, McIlroy was talking about why he doesn’t mind when he is looked upon as the PGA Tour’s strongest supporter as it tries to cope with LIV Golf. And then he took aim at LIV players.
“I hate what it’s doing to the game of golf. I hate it. I really do,” McIlroy said. “Like it’s going to be hard for me to stomach going to Wentworth in a couple of weeks’ time and seeing 18 of them there. That just doesn’t sit right with me.”
The list includes Ryder Cup teammates Lee Westwood, Ian Poulter, Sergio Garcia, Graeme McDowell, Bernd Wiesberger and Martin Kaymer. Westwood made a strong and accurate defense of his desire to play a prestigious event like Wentworth. No other top European player has supported the home circuit as he has done over his career.
Most curious are the Americans in the field, who often talk about the desire to play less as a reason — along with the money — for joining Greg Norman’s league. That list includes Talor Gooch, Kevin Na and Patrick Reed.
Here’s the itinerary: Boston area this week. South of London next week. Back to the suburbs southwest of Chicago the following week. And that’s by choice.
Then again, the PGA BMW Championship is a chance to earn world ranking points because LIV Golf has not been approved for points by the world ranking board. Any decision could be nine months away, at which point players will have fallen greatly.
Gooch is No. 45, one spot ahead of new LIV player Harold Varner III. Patrick Reed, who once referred to himself as a top-5 player, is down to No. 50.
Four LIV players were allowed to play in the Scottish Open under an emergency stay from a British court. The European tour has fined them what amounts to the equivalent of last-place money from LIV events until a full hearing early next week.
Meanwhile, European tour CEO Keith Pelley sent a memo to players Tuesday about his own “strong opposition” to LIV players in the field at Wentworth. Pelley said in the memo, which was obtained by Golf Channel, that LIV players will not be required to play in the pro-am and will not be in any of the groups featured on streaming.
COMING AND GOING
LIV Golf signed up six more PGA Tour players, and with the fields capped at 48 players, some players are not in the Boston area for this week’s event.
Most notable is the absence of Japanese players.
Three players from Japan have been to all of LIV Golf Invitational events — Ryosuke Kinoshita, Jinichiro Kozuma and Hideto Tanihara. Now there is none. This comes after heavy courtship of former Masters champion Hideki Matsuyama, who said after the Tour Championship on Sunday he was not going to LIV.
Hennie Du Plessis of South Africa played in all three. He is No. 7 on the money list with just over $2.4 million and is not in the Boston-area event. Justin Harding and Travis Smyth also are not in the field, having played the previous three.
Some players are event to event, with a multiyear contract. That would seem to be the case with Adrian Otaegui and Sihwan Kim. They are back for Boston after missing the previous LIV event in New Jersey.
CHEVRON CHANGES
Chevron takes over as title sponsor for the LPGA Tour’s first major of the year, moving it from the California desert to Houston and raising the prize fund to $5.1 million.
Tournament officials also are revising eligibility criteria to create opportunities for amateurs from all over the world. Spots are being awarded to the winners of the U.S. Women’s Amateur, Women’s British Amateur, Women’s Amateur Asia-Pacific, Women’s Latin America Amateur, Augusta National Women’s Amateur and Chevron Silverado Showdown.
Also, Chevron is offering a $5,000 stipend to every player who misses the cut to help with travel costs.
The tournament is April 20-23 — away from its previous date one week before the Masters — and will be held at The Club at Carlton Woods.
KAPALUA BONUS
Ten players are eligible to start next year at Kapalua on Maui for a Sentry Tournament of Champions that is no longer about current champions.
One of the changes involving the “elevated events” with big purses was to expand the Kapalua field to include anyone from the Tour Championship. The PGA Tour also had that criteria for January 2021 because of a shorter season brought on by the COVID-19 pandemic.
Those at East Lake who have not won on the PGA Tour this year: Sungjae Im, Aaron Wise, Viktor Hovland, Cameron Young, Brian Harman, Collin Morikawa, Adam Scott, Corey Conners, Sahith Theegala and Scott Stallings.
The tour still has nine tournaments the rest of the year. As of now, Young and Theegala will be in the Tournament of Champions without ever having won. Two years ago, that applied to Scottie Scheffler and Abraham Ancer.
MONEY MANNERS
The 50 players who earn PGA Tour cards from the Korn Ferry Tour — either the regular season or the three-event finals series — can expect a $500,000 deposit to start the year.
It’s one of the new programs Commissioner Jay Monahan announced last week. Everyone with a full card gets $500,000 that counts against their earnings so they don’t lose money.
That’s a benefit for the bottom. This season, the PGA Tour had 163 players who made $500,000 or more. That compares with 42 players who made under $500,000 while playing at least 15 tournaments.
For players who had 15 or more starts, Joshua Creel made only four cuts in 22 tournaments in his rookie season and earned $115,976.
Kyle Stanley was not a returning member (he was top 125 the previous year). Stanley made $188,048 in 18 tournaments. At the end of the season, the tour would have paid him $311,952 under this program.
DIVOTS
Since the PGA Tour returned from the COVID-19 pandemic-caused shutdown in June 2020, Xander Schauffele has not had a final round over par in a regular PGA Tour event. … A big year is followed by a small break for Rory McIlroy. He is headed to England next week for the BMW PGA Championship, followed by the Italian Open to see the course that hosts the Ryder Cup next year. After a week off, he is playing the Dunhill Links in Scotland with his father. He would have two weeks off before the CJ Cup in South Carolina, which McIlroy won last year in Las Vegas. … Keita Nakajima and Rose Zhang are repeat winners of the Mark H. McCormack Medal for being the top-ranked amateurs for the most weeks this year.
STAT OF THE WEEK
The players who finished 1-2-3 at The Players Championship — Cameron Smith, Anirban Lahiri and Paul Casey — are now part of LIV Golf.
FINAL WORD
“I know that my best stuff is good enough to win any tournament against anybody on any golf course. That’s something I can take away from today.” — Rory McIlroy after rallying from six shots behind to win the Tour Championship.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/ap-mcilroy-prepares-to-stomach-liv-golf-players-at-wentworth/
| 2022-08-31T20:05:47Z
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Wall of Remembrance dedicated at Korean War Memorial
WASHINGTON (Gray DC) - The names of those who lost their lives during the Korean War -- the so-called “forgotten war” -- will never be forgotten again.
On a hot summer’s day in Washington, exactly 69 years after combat ended on the Korean Peninsula, Korean War veterans, gold star families, and dignitaries came together for the dedication of a Wall of Remembrance.
The wall lists the names of 43,000 service members who gave their lives during the Korean War.
“It’s a lifelong dream come to fruition,” said Col. Rick Dean (Ret.) of the Korean War Veterans Memorial Foundation.
Dean explained the symbolism in the wall’s design: 100 granite panels are broken up into different sections for each branch of the military. The names of 7,200 South Koreans (KATUSAs) who died are integrated with the 36,000 Americans’ names, because they fought alongside Americans in American military units. The names are also listed in order of rank.
“There are 24 panels of privates. There are 29 panels of private first classes. That makes 53% of this memorial men who were 17, 18, 19-years-old,” explained Dean.
Gray Television Washington News Bureau senior reporter Ted Fioraliso first reported on the plans to build the Wall of Remembrance six years ago. At that time, he had the opportunity to interview an esteemed Korean War veteran, Col. Bill Weber (Ret.).
Weber told him how the foundation wanted a Wall of Remembrance from the beginning, but it didn’t happen.
“At that point in time, there was this tremendous controversy about the Vietnam wall, because the soldiers who served in Vietnam and survived, felt that that memorial didn’t honor their service; it only honored the service of those who fell in battle,” Weber said in 2016.
Twenty-one years after the Korean War Memorial first opened, Weber was there for the bill signing, authorizing the wall’s construction.
But, Weber did not get to see Wednesday’s dedication. He died three months ago at the age of 96.
When Ted asked Weber six years ago what he wanted visitors to the memorial -- and now Wall of Remembrance -- to take away, he answered with the slogan that is etched into the memorial.
“Freedom truly is not free. It takes sacrifice, human sacrifice,” said Weber.
Copyright 2022 Gray DC. All rights reserved.
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https://www.wibw.com/2022/07/27/wall-remembrance-dedicated-korean-war-memorial/
| 2022-07-27T21:15:05Z
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PLYMOUTH, Minn., Aug. 1, 2022 /PRNewswire/ -- Intact Insurance Group USA LLC (Intact), doing business under the brand name Intact Insurance Specialty Solutions, announced today that it has completed the acquisition of Highland Insurance Solutions ("Highland"), the U.S. construction division of Tokio Marine Highland (TMH), from Tokio Marine Kiln (TMK), having received all required regulatory approvals and all other closing conditions having been met.
"We are pleased to officially welcome Rick Girden, Kaileigh Bowe and the entire Highland team to Intact," says T. Michael Miller, Chief Executive Officer, Global Specialty Lines, Intact. "Highland is a strategically aligned acquisition for Intact Global Specialty Lines - it expands our specialty offering and supports our growth, distribution, and outperformance objectives. With the closing of the transaction, we shift our focus to onboarding the Highland platform to Intact, supporting the team and leveraging their expertise to grow the business and outperform."
Highland will operate as a standalone managing general agent, available to serve the risk management needs of its clients and broker partners through its current select markets, and now additionally though Intact. Highland is a managing general agent specializing in the wood frame builders risk segment of the construction market and will expand Intact's portfolio of owned distribution assets.
About Intact Insurance Specialty Solutions: Throughout the United States, Intact Insurance Specialty Solutions' underwriting companies offer a broad range of specialty insurance products through independent agencies, regional and national brokers, wholesalers and managing general agencies. Each business is managed by an experienced team of specialty insurance professionals focused on a specific customer group or industry segment and providing distinct products and tailored coverages and services. Targeted solutions include group accident and health; commercial and contract surety; entertainment; environmental; excess property; financial institutions; financial services; inland marine; management liability; ocean marine; technology; and tuition refund. For further information about U.S. products and services visit: intactspecialty.com.
Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC, a subsidiary of Intact Financial Corporation (TSX: IFC), the largest provider of property and casualty insurance in Canada, a leading provider of global specialty insurance, and, with RSA, a leader in the U.K. and Ireland. The insurance company subsidiaries of Intact Insurance Group USA LLC include Atlantic Specialty Insurance Company, a New York insurer, Homeland Insurance Company of New York, a New York insurer, Homeland Insurance Company of Delaware, a Delaware insurer, OBI America Insurance Company, a Pennsylvania insurer, OBI National Insurance Company, a Pennsylvania insurer, and The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076. For information about Intact Financial Corporation, visit: intactfc.com.
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SOURCE Intact Insurance Specialty Solutions
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https://www.wibw.com/prnewswire/2022/08/01/intact-insurance-group-usa-llc-completes-acquisition-managing-general-agent-highland-insurance-solutions/
| 2022-08-01T20:57:37Z
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No major problems with ballot drop boxes in 2020, AP finds
ATLANTA (AP) — The expanded use of drop boxes for mailed ballots during the 2020 election did not lead to any widespread problems, according to an Associated Press survey of state election officials across the U.S. that revealed no cases of fraud, vandalism or theft that could have affected the results.
The findings from both Republican- and Democratic-controlled states run contrary to claims made by former President Donald Trump and his allies who have intensely criticized their use and falsely claimed they were a target for fraud.
Drop boxes are considered by many election officials to be safe and secure, and have been used to varying degrees by states across the political spectrum. Yet conspiracy theories and efforts by Republicans to eliminate or restrict them since the 2020 election persist. This month, the Wisconsin Supreme Court’s conservative majority ruled that drop boxes are not allowed under state law and can no longer be widely used.
Drop boxes also are a focal point of the film “2,000 Mules,” which used a flawed analysis of cellphone location data and ballot drop box surveillance footage to cast doubt on the results of the 2020 presidential election.
In response to the legislation and conspiracy theories surrounding drop boxes, the AP sent a survey in May to the top elections office in each state seeking information about whether the boxes were tied to fraudulent votes or stolen ballots, or whether the boxes and the ballots they contained were damaged.
All but five states responded to the questions.
None of the election offices in states that allowed the use of drop boxes in 2020 reported any instances in which the boxes were connected to voter fraud or stolen ballots. Likewise, none reported incidents in which the boxes or ballots were damaged to the extent that election results would have been affected.
A previous AP investigation found far too few cases of potential voter fraud in the six battleground states where Trump disputed his loss to President Joe Biden to affect the outcome.
A number of states — including Alabama, Arkansas, Indiana, Mississippi, North Carolina, Oklahoma, Tennessee and Texas — said they do not allow the use of drop boxes. Some had not allowed them before the 2020 election, when the coronavirus pandemic prompted wider use of mailed ballots. In states where they are used, secretaries of state or election commissioners may not be aware of every incident involving a drop box if it was not reported to their office by a county or other local jurisdiction.
Drop boxes have been a mainstay in states with extensive mail voting for years and had not raised any alarms. They were used widely in 2020 as election officials sought to provide alternative ways to cast ballots with the COVID-19 outbreak creating concerns about in-person voting. The boxes also gave voters a direct method for submitting their ballots, rather than sending them through the U.S. Postal Service and worrying about delivery delays.
Starting months before the 2020 presidential election, Trump and his allies have made a series of unfounded claims suggesting that drop boxes open the door to voter fraud. Republican state lawmakers, as part of their push to add new voting restrictions, have in turn placed rules around when and where the boxes could be accessed.
Arizona Assistant Secretary of State Allie Bones said drop boxes are “safe and secure” and might even be considered more secure than Postal Service mailboxes. She said bipartisan teams in the state collect ballots from the drop boxes and take them directly to secure election facilities, following so-called chain-of-custody protocols.
“Not to say that there’s anything wrong with USPS, and I think they do a great job as well, but the hysteria around ballot drop boxes I think is just a made-up thing to create doubt and fear,” Bones said.
Arizona has had robust mail-in voting for years that includes the use of drop boxes, and in the AP survey, the state reported no damage, stolen ballots or fraud associated with them in 2020. Nevertheless, Trump-aligned lawmakers in the state pushed for legislation that would ban drop boxes, but were stymied by Democrats and several Republicans who disagreed with the strategy.
Utah is a state controlled by Republicans that also has widespread use of mailed ballots and no limits on the number of drop boxes a county can deploy. The office of Lt. Gov. Deidre Henderson, a Republican who is the state’s top election official, said in the AP survey that Henderson encourages counties to make secure drop boxes accessible to voters.
Of the states responding to the survey, 15 indicated that drop boxes were in use before 2020 and 22 have no limits on how many can be used in this fall’s election. At least five states take the extra step of setting a minimum number of drop boxes required.
Republican-led Florida and North Dakota and Democratic-led New York did not respond. Montana and Virginia did, but did not answer the survey questions related to the 2020 election.
Last year, five states added new restrictions to ballot drop boxes, according to research by the Voting Rights Lab. That included Georgia, where President Joe Biden won a narrow victory and where drop boxes were allowed under an emergency rule prompted by the pandemic.
Georgia Republicans say their changes have resulted in drop boxes being a permanent option for voters, requiring all counties to have at least one. But the legislation, which includes a formula of one box per 100,000 registered voters, means fewer will be available in the state’s most populous communities compared with 2020.
Iowa lawmakers last year approved legislation to limit drop boxes to one per county. Previously, state law did not say how many drop boxes counties could use. This year, Louisiana, Missouri and South Carolina have passed laws effectively prohibiting drop boxes, according to the Voting Rights Lab, which researches state election law changes.
Along with incidents recorded in news reports, the AP survey found a handful of cases in 2020 in which drop boxes were damaged.
Officials in Washington state said there were instances when drop boxes were hit by vehicles, but that no ballot tampering had been reported. Massachusetts election officials said one box was damaged by arson in October 2020 but that most of the ballots inside were still legible enough for voters to be identified, notified and sent replacements.
A drop box also was set on fire in Los Angeles County in 2020, but a local election official said the vast majority of the ballots that were damaged were able to be recovered and voters provided new ballots. Another drop box in California was temporarily closed because of a wildfire.
“The irony is they were put in place to respond to a problem with the post office and make sure people had a secure way of returning their ballots,” said Michigan Secretary of State Jocelyn Benson, a Democrat. “And so there’s no actual legitimate concern except for, again, potential external threats or people who have been radicalized through misinformation to try to tamper with drop boxes to make a point.”
North Carolina provides an example of how deep-seated the misinformation has become. The state does not allow drop boxes and did not use them during the 2020 election.
“And despite that fact, people are still claiming drop box fraud must have occurred in North Carolina,” said Patrick Gannon, public information director for the State Board of Elections. “You can’t make this up. Oh wait. Yes, you can.”
In Wisconsin, Republicans had supported the use of drop boxes before Trump seized on mailed ballots as part of his unsubstantiated claim that the 2020 election was stolen from him. Some voters said they were frustrated by the recent state Supreme Court ruling, which said no one other than the voter can return their mailed ballot and that those ballots can go only to a local clerk’s office or alternate site.
Kelly O’Keefe Boettcher of Milwaukee said she cast her ballot in a drop box in 2020 because of safety concerns during the pandemic and is upset that they’ll no longer be an option for her or for voters who are less able to get to the polls.
“Drop boxes are accessible; they are egalitarian,” she said. “To watch them go, I feel, people can say it’s not voter suppression. But it is.”
Wisconsin state Rep. Tim Ramthun, a Republican candidate for governor, reintroduced a resolution this past week for the GOP-controlled Legislature to decertify Biden’s victory there, adding the state Supreme Court ruling on drop boxes as one reason to do so. Trump also renewed his calls for decertification in Wisconsin, citing the ruling.
According to the AP survey, the Wisconsin Elections Commission said it is not aware of any cases in 2020 in which drop boxes were damaged, had submitted ballots stolen or destroyed, or were used for fraudulent ballots.
“Isn’t a mailbox a secure place to put a letter?” asked Dave Wanninger, who with his wife used a ballot drop box in a Milwaukee public library in 2020. “Why would a drop box be any different?”
___
Izaguirre reported from Tallahassee, Florida. Associated Press writers Scott Bauer in Madison, Wisconsin; Harm Venhuizen in Milwaukee; and Jonathan J. Cooper in Phoenix contributed to this report.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/07/17/no-major-problems-with-ballot-drop-boxes-2020-ap-finds/
| 2022-07-17T12:43:31Z
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NEW YORK, May 27, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CNCE, PMVP, BIRD, SIGA, and ELEV.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- CNCE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CNCE&prnumber=052720222
- PMVP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PMVP&prnumber=052720222
- BIRD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BIRD&prnumber=052720222
- SIGA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SIGA&prnumber=052720222
- ELEV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ELEV&prnumber=052720222
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
View original content to download multimedia:
SOURCE InvestorsObserver
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https://www.mysuncoast.com/prnewswire/2022/05/27/thinking-about-buying-stock-concert-pharmaceuticals-pmv-pharmaceuticals-allbirds-siga-technologies-or-elevation-oncology/
| 2022-05-27T15:15:06Z
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Defensive coordinator Martindale wants Giants to dominate
By TOM CANAVAN
AP Sports Writer
EAST RUTHERFORD, N.J. (AP) — New coordinator Wink Martindale is going to try to make the New York Giants defense more aggressive this season. Speaking Thursday before an organized team activity at the Giants headquarters in the Meadowlands, Martindale said he wants his units to dictate what opposing offenses can run. The 59-year-old former Ravens coordinator is known for running a defense that relies a lot on blitzes. However, he plays to use multiple schemes to force opposing quarterbacks and coordinators to adjust. New York is coming off a 4-13 season under new head coach Brian Daboll. It hasn’t made the playoffs since 2016.
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https://localnews8.com/sports/ap-national-sports/2022/05/26/defensive-coordinator-martindale-wants-giants-to-dominate/
| 2022-05-26T22:55:40Z
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NEW YORK, May 3, 2022 /PRNewswire/ -- RW Capital Partners, Inc. ("RW Partners") is pleased to announce that Kirby Toolan, CPA has joined RW Partners as the firm's Chief Financial Officer. Based in the Philadelphia office, she will lead the firm's finance organization and financial activities, including accounting, financial planning and analysis, tax, audit and treasury.
Mrs. Toolan comes to RW Partners with over a decade of experience in financial management, business leadership and strategy. Previously at Comcast Corporation as a Senior Manager in Reporting and Analysis, she managed annual budgeting and monthly forecasting, had oversight over reporting of financial results to senior management and was an advisor on complex accounting issues. Prior to Comcast, she was an Audit Manager in PricewaterhouseCoopers' Private Company Services practice.
Mrs. Toolan graduated from Towson University in Baltimore, MD with a B.S. in Economics and International Studies. She also earned a Masters in Accounting and Finance from The University of Maryland.
About RW Capital Partners, Inc:
Founded in 2012 by Robert F. Whalen, Jr., RW Partners, Inc. has acquired or redeveloped approximately $300 million of retail and self-storage real estate assets while deploying more than $90 million of equity since inception.
Media Contact:
Kuku Mesfin, kuku@theglobalimprint.com
View original content:
SOURCE RW Partners
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https://www.kxii.com/prnewswire/2022/05/03/rw-capital-partners-inc-names-kirby-toolan-cpa-chief-financial-officer/
| 2022-05-04T06:21:46Z
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One of the officers involved in the deadly raid on Breonna Taylor's home, Sergeant Kyle Meany, has been terminated from the Louisville Metro Police Department.
Chief Erika Shields released the following statement Friday, "I made the decision to terminate Sergeant Kyle Meany after careful consideration and not with ease. I fully respect the judicial process and realize Sergeant Meany has yet to be heard before a jury of his peers. That being said, he is facing multiple federal charges after a lengthy investigation by the DOJ.
"As an employer, the character of our organization is paramount and it is not reasonable to expect continued employment under such conditions."
Meany was charged by the U.S. Department of Justice on August 4, 2022 with submitting a false affidavit to search Taylor's home ahead of the Louisville Metropolitan Police Department's raid, and then working with other officers to create a "false cover story in an attempt to escape responsibility for their roles in preparing the warrant affidavit that contained false information," according to court documents, CNN previously reported.
To determine the most popular song in Beyoncé's discography, Stacker looked at her RIAA singles data and Billboard Hot 100 data and ranked her top 10 tracks. Click for more.
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https://www.albanyherald.com/news/officer-involved-in-the-deadly-raid-on-breonna-taylors-home-has-been-terminated/article_a98628ff-7aac-5985-9385-95b8d7ded68c.html
| 2022-08-19T19:56:54Z
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Trial begins for woman accused of killing expectant mother, cutting unborn baby out of her
NEW BOSTON, Texas (KSLA/Gray News) - The trial is underway in the capital murder trial of a Texas woman accused of killing a pregnant woman and the fetus she allegedly cut out of the woman’s womb, KSLA reports.
Taylor Parker, 29, faces the death penalty if convicted of the October 2020 death of Reagan Hancock, 21, and the kidnapping of the unborn baby, Braxlynn, who was later pronounced dead at an Oklahoma hospital.
On Monday, Parker entered the courtroom to face a jury on the charges.
The day started with Parker pleading not guilty.
In opening statements, attorneys with the prosecution said Parker committed the crimes not because she wanted a baby but because she did not want to lose her boyfriend.
The attorneys also said Hancock was stabbed and cut around 100 times, with a scalpel being used to remove the fetus.
Witnesses said Parker was unable to carry a child after having a hysterectomy. According to witnesses, Parker offered them $100,000 to be surrogates.
The prosecution said Parker ordered from the internet a suit that made her look pregnant, faking pregnancy for nearly 10 months, all while hunting for a victim.
Defense attorneys said this is a complicated case, both factually and emotionally, and asked the jury to be fair.
Officials say it could take a couple of weeks to try this case.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.mysuncoast.com/2022/09/13/trial-begins-woman-accused-killing-expectant-mother-cutting-unborn-baby-out-her/
| 2022-09-13T12:15:11Z
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CHICAGO, Aug. 30, 2022 /PRNewswire/ -- Great Lakes Dental Partners ("GLDP") is excited to announce the addition of Signature Dental Group to its network of affiliated practices, growing its reach in the greater Chicagoland area.
GLDP, a Shore Capital Partners portfolio company, provides practice management services to 40+ partner locations. GLDP provides best-in-class support in operations, recruiting, technology, marketing, and collaboration among clinicians.
"Dr. Mohammed Shakeel is a well-known and highly sought-after dental implantologist. His cutting-edge techniques and years of dental experience have earned him an impeccable reputation with patients in the Chicagoland area," said Fletcher Boyle, VP of Business Development at GLDP. "Partnering with an award-winning Oral Implant provider further validates our commitment to partner with best-in-class providers," said Flecther.
As a renowned and trusted dentist, it was important for Dr. Shakeel to partner with a DSO that mirrored his values and vision. "After meeting with several DSOs, I'm confident I chose the right partner," said Dr. Mohammed Shakeel, Licensed General Dentist. "GLDP has the support I need to continue to grow my business and provide patients with top-notch dentistry," says Dr. Shakeel.
GLDP is actively seeking dental office partnerships in the Midwest and is backed by Shore Capital Partners. Ideal affiliation opportunities include owner doctors who want to partner with functional experts to grow their practices.
Great Lakes Dental Partners is a dental support organization (DSO) committed to offering dentists and dental specialists the opportunity to focus on the clinical aspects of dentistry, providing exceptional care for every patient.
With a centrally located support center, operational best practices, access to the latest dental technology, and a best-in-class continuing education program, GLDP is dedicated to advancing dental healthcare in the Midwest.
For more information and a list of clinic locations, visit www.greatlakesdentalpartners.com. GLDP is actively seeking new partnerships in the Midwest. Those interested in affiliation opportunities should contact Fletcher Boyle at fboyle@gldpdental.com.
Shore Capital Partners is a Chicago-based private equity firm focused on microcap healthcare and food & beverage investments. Shore supports management partners with capital, business development expertise, and industry knowledge to accelerate growth, fund acquisitions, and generate value to shareholders. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant growth potential, including organic and growth through industry consolidation. More information visit www.shorecp.com.
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https://www.wibw.com/prnewswire/2022/08/30/great-lakes-dental-partners-continues-expand-illinois-with-signature-dental-group-affiliation-leading-dental-implant-provider/
| 2022-08-30T20:27:28Z
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PALM BEACH GARDENS, Fla., Sept. 6, 2022 /PRNewswire/ -- Bentek, the leading benefits administration and enrollment solution for the public sector and complex employer, is excited to announce the internal promotion of Julie Fink to lead the continued excellence of the Company as its President.
As President, Julie will lead business and product strategy, roadmap, and execution for the continued evolution of the client-inspired Bentek platform; as well as continue to oversee the operational excellence that has been synonymous with Bentek's reputation as a leader in benefits administration.
Julie has more than 20 years of experience delivering human resources and benefits technology solutions for public sector and complex employers. Since joining Bentek in 2005, Julie has been instrumental in the evolution of the Bentek application including the vision and development of industry leading capabilities including Benchek, Adminsights, and RetireSweet.
An avid runner, Julie has been involved with the Girls on the Run program as a mentor and coach and has a passion for animals, rescuing and rehoming any animals that cross her path. "Her empathy, humility, ability to build consensus, and appreciation and respect for each and every employee and client made her the perfect choice to lead the next phase of growth," said Kurt Gehring, Bentek's outgoing President.
Bentek is the trusted all-inclusive benefits administration and enrollment solution for government entities and large complex employers. Bentek's audit tools keep data clean ensuring savings, and its self-bill tool saves invaluable time. Bentek believes that every client should have a voice and accordingly all clients contribute to shaping the development roadmap and new application features including client responsive functionality Adminsights, Wellness Hub, and RetireSweet – all included within the core Bentek application. Bentek's proven implementation methodology has resulted in 100% implementation success. Visit mybentek.com to learn more.
Contact:
Danielle Shull
Director of Client Experience
Bentek
Danielle.shull@mybentek.com
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https://www.wibw.com/prnewswire/2022/09/06/leading-technology-company-bentek-promotes-julie-fink-president/
| 2022-09-06T14:33:36Z
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ALBANY -- Revitalization of what was once a thriving Radium Springs community led local artist Chris Johnson to work on the now freshly finished mural at the Radium Springs water tower. For most artists, a personal tie to a meaningful work of art is the norm, but for Johnson it went a little deeper and into his childhood roots of fond memories at Radium Springs.
At around age 11, Johnson and his family moved to Albany when his dad transitioned to Marine Corps Logistics Base-Albany. As a child, he said, he has many fond memories of growing up in Radium Springs and even playing golf at the old Radium Springs Golf Course.
Residing in Albany during the Great Flood of 1994, the fire of 2000 and witnessing the devastation of the old casino, which was eventually demolished, Johnson said that when he was approached by county leaders to create the mural on the water tower at the Spring Run Bridge, he wanted to really reflect on the location and all the significant events around what had happened in the area.
“Murals hold a significant meaning of an area, and I had to package every aspect of what this area had been through in this creation,” Johnson said.
County leaders requested a nature theme, and that’s where it all started with Johnson’s creation. At the top of the tower, the sky plays a prominent role in telling the story of the area, especially through the dark blue clouds, signifying the storms that had ripped through the area. The orange colors that are melted into the sky signify fire and winds, which were the two things that eventually led to the casino’s demolition.
“The painted skies will definitely reflect the changing seasons as they happen at Radium Springs, and that was one of my primary goals,” Johnson said.
Cascading down the water tower from the sky flows artistic renderings of the casino, the Native American heritage that is part of Radium Springs and nature itself, including the habitat and wildlife of the area. In fact, on one side, visitors to the tower are struck with vivid imagery of Native Americans and their canoes, while on opposite sides, a majestic blue herring is on watch and the great turtle native to the area is on the land, marking its symbolic territory.
“The blue herring is one of my favorite animals,” Johnson said. “They are such graceful creatures, and I’ve even had one that’s been hanging out around the tower as I’ve painted. I’m convinced it’s in love with the large blue herring that stands tall on one side of the tower, because it keeps coming back.”
Although Johnson said he sketched around the tower each day in the less than two-week span he took to finish this creation, and spent time on areas as it came to him, the last component was the turtle because he felt the turtle not only provided a symbolic meaning for the area but also was a creature of resilience, adapting to both land and water, which added to the strength of Radium Springs.
“The Flint River is alive in the background of the tower, and the turtles are everywhere, even on the water meter covers that lead back to the river,” the artist said.
Working around what he referred to as a “loose plan that would change and evolve into the final piece,” Johnson had originally slated three weeks to complete the mural, but the creation flowed much faster, placing his completion in an impressive less-than-two-weeks time span.
Johnson, a professor of art at Andrew College in Cuthbert, has a philosophy of fostering change in communities through public art, and he works to instill this philosophy in his students.
“I take my students out, we meet with communities to figure out the aesthetics of what they want to achieve and highlight the design, then coordinate that with the people to complete the design, which is a big part of what we do,” Johnson said. “The students go and do the prep work, so the idea is that they come to Andrew, learn the skills, and then, go out into the communities and make big changes.”
Many of Johnson’s students have ventured back into their home communities and have established themselves as “the artist” in that area, and Johnson said that’s “really cool stuff.”
“It’s all about revitalization of old communities, and much more,” he said.
Although the Spring Run Bridge is not yet open to the public, the water tower is visible from the trailhead parking area. The mural project is another component of Dougherty County’s Radium Springs revitalization and improvement.
The county plans to soon have a grand re-opening for the entire county.
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https://www.albanyherald.com/news/water-tower-mural-latest-addition-in-radium-springs-revitalization-project/article_3366a33a-fa45-11ec-8a67-0fd2e7ebebd8.html
| 2022-07-04T15:50:02Z
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Delivers Strong Financial Performance; Strategic Execution Continues
SINGAPORE, Aug. 3, 2022 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), today announced financial results of its third fiscal quarter ended July 2, 2022. The Company reported third quarter net revenue of $372.1 million, net income of $119.0 million, representing EPS of $1.99 per fully diluted share, and non-GAAP net income of $125.1 million, representing non-GAAP EPS of $2.09 per fully diluted share.
A reconciliation between the GAAP and non-GAAP adjusted results is provided in the financial tables included in this release. See also the "Use of non-GAAP Financial Results" section.
Fusen Chen, Kulicke & Soffa's President and Chief Executive Officer, stated, "Throughout the June quarter, we have continued to execute several new product development initiatives while generating strong earnings and aggressively returning capital to shareholders."
Over the prior four quarters, K&S has generated $380 million in free-cash-flow and returned $263 million through its repurchase and dividend programs.
Third Quarter Fiscal 2022 Financial Highlights
- Net revenue of $372.1 million.
- Gross margin of 51.2%.
- Net income of $119.0 million or $1.99 per share; non-GAAP net income of $125.1 million or $2.09 per share.
- Cash, cash equivalents, and short-term investments were $745.8 million as of July 2, 2022.
- The Company repurchased a total of 1.0 million shares of common stock through its open market and accelerated repurchase programs at a cost of $61.1 million.
Fourth Quarter Fiscal 2022 Outlook
The Company currently expects net revenue in the fourth fiscal quarter of 2022 ending October 1, 2022 to be approximately $280 million +/- $20 million, and expects non-GAAP EPS to be approximately $0.93 +/- 10%.
Fusen Chen commented, "While the near-term macro environment remains dynamic, over the past several years we have broadened our market access, expanded customer engagements and are now intimately supporting several long-term technology transitions. We expect these efforts have materially increased our long-term growth potential while sustainably enhancing our through-cycle earnings potential."
Earnings Conference Call Details
A conference call to discuss these results will be held on August 4, 2022, beginning at 8:00am EDT. To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A live webcast link and supplemental earnings presentation will also be available at investor.kns.com.
A replay will be available from approximately one hour after the completion of the call through August 11, 2022 by calling toll-free +1-877-660-6853 or internationally +1-201-612-7415 and using the replay ID number of 13730497. A webcast replay will also be available at investor.kns.com.
Use of Non-GAAP Financial Results
In addition to U.S. GAAP results, this press release also contains the following non-GAAP financial results: income from operations, operating margin, net income, net margin and net income per diluted share. The Company's non-GAAP results exclude amortization related to intangible assets acquired through business combinations, costs associated with restructuring and severance, equity-based compensation, acquisition and integration costs, impairment relating to assets acquired through business combinations, impairment relating to equity investments, income tax expense arising from discrete tax items triggered by acquisition, restructuring and significant changes in tax laws, gain/loss on disposal of business, as well as tax benefits or expenses associated with the foregoing non-GAAP items. The non-GAAP adjustments may or may not be infrequent or nonrecurring in nature, but are a result of periodic or non-core operating activities. These non-GAAP measures are consistent with the way management analyzes and assesses the Company's operating results. The Company believes these non-GAAP measures enhance investors' understanding of the Company's underlying operational performance, as well as their ability to compare the Company's period-to-period financial results and the Company's overall performance to that of its competitors.
Management uses both U.S. GAAP metrics as well as these non-GAAP metrics to evaluate the Company's operating and financial results. Non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in the Company's industry, as other companies in the industry may calculate non-GAAP financial results differently. In addition, there are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP, may be different from non-GAAP financial measures used by other companies and exclude expenses that may have a material impact on the Company's reported financial results. The presentation of non-GAAP items is meant to supplement, but not substitute for, GAAP financial measures or information. The Company believes the presentation of non-GAAP results in combination with GAAP results provides better transparency to the investment community when analyzing business trends, providing meaningful comparisons with prior period performance and enhancing investors' ability to view the Company's results from management's perspective. A reconciliation of each available GAAP to non-GAAP financial measure discussed in this press release is contained in the financial tables at the end of this press release.
Management has not reconciled its outlook for non-GAAP Diluted EPS to Diluted EPS for Q4F22 as it does not provide guidance on the reconciling items between Diluted EPS and non-GAAP Diluted EPS, as a result of the uncertainty regarding, and the potential variability of, these items. The actual amount of such reconciling items could have a significant impact on our non-GAAP Diluted EPS and, accordingly, a reconciliation of Diluted EPS to non-GAAP Diluted EPS for Q4F22 is not available without unreasonable effort.
About Kulicke & Soffa
Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor, LED and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement - creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices.
Leveraging decades of development proficiency and extensive process technology expertise, Kulicke & Soffa's expanding portfolio provides equipment solutions, aftermarket products and services supporting a comprehensive set of interconnect technologies including wire bonding, advanced packaging, lithography, mini and micro LED transfer and electronics assembly. Dedicated to empowering technological discovery, always, K&S collaborates with customers and technology partners to push the boundaries of possibility, enabling a smarter future.
Caution Concerning Results and Forward-Looking Statements
In addition to historical statements, this press release contains statements relating to future events and our future results. These statements are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our judgments and future expectations concerning our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, the effects of the COVID-19 pandemic, supply chain constraints and macroeconomic conditions on our business, and the other factors listed or discussed in our Annual Report on Form 10-K for the fiscal year ended October 2, 2021, filed on November 18, 2021, and our other filings with the Securities and Exchange Commission. Kulicke and Soffa Industries, Inc. is under no obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contacts:
Kulicke & Soffa Industries, Inc.
Joseph Elgindy
Investor Relations
P: +1-215-784-7518
F: +1-215-784-6180
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https://www.wibw.com/prnewswire/2022/08/03/kulicke-amp-soffa-reports-third-quarter-2022-results/
| 2022-08-03T22:02:17Z
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PENNSAUKEN, N.J., Sept. 7, 2022 /PRNewswire/ -- The Puratos Bakery School Foundation and Puratos U.S. today opened their first U.S. Bakery School at Pennsauken High School in Pennsauken, New Jersey. Already award-winning, the school received the top honor in workforce development from the IBIE 2022 Best in Baking Awards. The program, in partnership with Pennsauken High School, introduces students to baking in hopes of creating careers in the industry. This is the first Bakery School in the United States for Puratos and the seventh international location.
Fifty-nine students, the largest Puratos Bakery School class to date, were welcomed by the specially trained faculty into the custom designed, state-of-the-art classroom. During a grand opening celebration, each student received a chef coat in a White Coat Ceremony marking their induction into the school.
Puratos executives and local leaders, including Ingrid Baty, chair of the Bakery School Foundation, Congressman Donald Norcross, and Jessica Rafeh, mayor of Pennsauken joined in the festivities and toured the facility, which provides hands-on training for young people interested in careers in the baking industry.
"We are thrilled to have the next Bakery School located at Pennsauken High School, just steps from our U.S. headquarters," said Andy Brimacombe, president, Puratos U.S. & Pennant Ingredients. "We see a need in skilled talent to fill leadership positions in bakeries and baked goods manufacturing throughout the country. The impact these students can have on our industry and we on their futures is exponential."
The Bakery School Foundation program is a proven path for high schoolers to a career in the baking industry. The new facility and program in Pennsauken High School will provide life-changing opportunities for young people in the region and introduce more skilled baking expertise into an industry that needs a sustainable pipeline of talent.
"Educators across the country are seeing the benefits of skills-based learning programs," said Dr. Ronnie Tarchichi, superintendent, Pennsauken Schools. "We see higher graduation rates in CTE students, and comparable lifetime incomes to students who go on to earn bachelor's degrees. This partnership with Puratos US, and the program they have developed, will create incomparable opportunity for our students."
Seamlessly integrated into the high school curriculum, the four-year program consists of 1,600 hours of classwork in the disciplines of bakery, patisserie and chocolate and equips students with the skills necessary for immediate employment, as well as a Certificate in Baking & Pastry and an industry-recognized certification from the Retail Bakers of America. The program will provide students hands-on experience, both at Puratos sites and at industry partner plants and bakeries. Additionally, industry experts will be invited to give guest lectures, and field trips and work sessions will introduce students to the professional baking world, allowing them to see and explore real-life applications of their learnings.
The Bakery School initiative is part of the company's global commitment to making life changing social contributions that move the planet forward and support future generations. Since launching this initiative in 2016, Puratos has opened six Bakery Schools across the globe. Locations include India, Brazil, Mexico, South Africa, Romania and the Philippines. In 2022, 357 students will be enrolled in a Puratos bakery school, on their way to becoming professional bakers. The bakery schools have graduated 258 students to-date.
By 2030, Puratos hopes to have 1,000 young people in its schools, on the way to achieving their career aspirations.
To find out more about the Bakery School Foundation, please visit www.bakeryschoolfoundation.com
As a non-profit organization driven by the passion to grow kids from an unprivileged background and to make a difference in their communities the Bakery School Foundation builds schools and classrooms, provides equipment and educators, develops curriculum, and establishes relationships with industry leaders to provide learning internship opportunities for students.
The Puratos Bakery School Foundation is committed to make an important impact on the lives of young people interested in futures as Bakers, Patisseries and Chocolatiers. These growing sectors will continue to have a need for skilled labor and provide an excellent future for well-trained students.
Puratos is an international group, which offers a full range of innovative food ingredients and services for the bakery, patisserie and chocolate sectors. Serving artisans, retailers, industrial and food service companies in over 100 countries around the world, Puratos headquarters is in Belgium, where the company was founded in 1919. The company's U.S. headquarters are located in Pennsauken, New Jersey where it founded Puratos for Purpose, its local corporate social responsibility program. Puratos aims to help customers be successful with their business, by turning technologies and experiences gathered from food cultures around the world into new opportunities. Together, we move the planet forward by creating innovative food solutions for the health and well-being of people everywhere. For further information, visit www.puratos.com.
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https://www.wibw.com/prnewswire/2022/09/07/puratos-bakery-school-foundation-puratos-usopen-first-us-bakery-school-pennsauken-high-school/
| 2022-09-07T19:48:19Z
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NORFOLK, Va., May 18, 2022 /PRNewswire/ -- Tones of Melanin is an HBCU clothing company that speaks to the HBCU culture's pulse through philanthropic endeavors, one-of-a-kind designs, and long-lasting quality. Tones of Melanin is currently available in over 18 HBCU Follett Bookstores across the country. Tones of Melanin is the only HBCU brand that is created by a HBCU graduate that is sold at Fanatics, Belk Stores, and Dick's Sporting Goods, making it the only Black and Women Owned HBCU Company in any of these stores. Tones of Melanin's mission is to provide job possibilities for HBCU students and alumni, as the Tones of Melanin team has either attended or graduated from an HBCU. To date, Tones of Melanin has given over $50,000 to HBCU educational endeavors.
Ashley Jones' goal when creating Tones of Melanin was to push for diversity representation in the fashion industry, particularly when it comes to HBCU clothing and branding. All of the designs are trendy and innovative, with a long-lasting product quality. Tones of Melanin's goal is to keep infiltrating a collegiate fashion market that concentrates on your much larger institutions, such as Duke, Harvard, Yale, and others. Ashley Jones' goal is to bring representation to markets that don't generally keep an eye on HBCUs.
Ashley's recurring objective is for Tones of Melanin to be the home of all HBCU fashion, collegiate relationships through university athletics, and individual college pursuits, thanks to her continuing partnerships with not only her retail relationships but also HBCUs like Virginia State University's band, which she currently provides attire for and other HBCUs.
About Ashley Jones:
Ashley Jones, is a graduate of Norfolk State University, and a member of Delta Sigma Theta Sorority, Incorporated. Ashley Jones is the creative director and CEO of Tones of Melanin. Ashley Jones personally develops all of Tones of Melanin designs, printing, production, and distribution.
About Tones of Melanin:
Tones of Melanin's mission is to design apparel that represents Historically Black Colleges and Universities. Tones of Melanin is a modern-day revenue-generating marketing tool for all HBCUs, as well as a supporter of Historically Black Colleges and Universities. Tones of Melanin's aim is to provide career opportunities for HBCU students and graduates while also supporting philanthropy. For more information please visit tonesofmelanin.com.
For press inquiries: Courtney Haywood, courtney@courtneyhaywoodagency.com, (917) 488-1343
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https://www.kxii.com/prnewswire/2022/05/18/hbcu-grad-makes-history-by-landing-into-3-major-retailers/
| 2022-05-18T16:46:57Z
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(WJBF) — As anyone born before the year 2000 can attest, Janet Jackson’s 1989 hit ‘Rhythm Nation‘ absolutely jams. But it also had a way of jamming hard drives more than a decade after the ‘Rhythm Nation 1814’ album was released.
Raymond Chen, a Microsoft Software Engineer, wrote in a blog this week that “a major computer manufacturer” found that playing the music video for the song would “crash certain models of laptops.” It didn’t just crash their laptops, but their competitors’ laptops as well.
But after further research, it was found that it wasn’t just the video causing the problem, it was the song.
“And then they discovered something extremely weird: Playing the music video on one laptop caused a laptop sitting nearby to crash, even though that other laptop wasn’t playing the video!” Chen wrote.
Turns out the song contained one of the same frequencies used in 5400 RPM laptop hard drives that the manufacturer and their competitors used. The frequency used in the song would rattle the drives and essentially force them to come apart.
The Verge reports that the laptops that failed came from the Windows XP-era of the early 2000s. The problem was quickly remedied after manufacturers added a filter to the drives “that detected and removed the offending frequencies during audio playback.”
Despite being practically impossible to happen on laptops today, the fundamentals of physics, old technology, and one killer classic song makes for a very interesting story.
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https://cw33.com/news/janet-jacksons-rhythm-nation-reportedly-wreaked-havoc-on-old-laptops/
| 2022-08-19T22:15:27Z
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Former Federal Prosecutor Brings Substantial International Experience
NEW YORK , June 22, 2022 /PRNewswire/ -- Eric Snyder, an accomplished defense lawyer and former federal prosecutor who successfully led numerous international anti-corruption matters, has joined McGuireWoods' Government Investigations & White Collar Litigation Department as a partner in New York.
Snyder represents corporations and individuals in civil and criminal fraud matters and anti-bribery, anti-corruption and Foreign Corrupt Practices Act (FCPA) litigation. He conducts internal investigations for public companies and banks facing government scrutiny of their operations in the United States and abroad. He also guides and trains corporate officers and directors of multinational companies and banks regarding best practices for compliance with U.S. laws and regulations.
Snyder joins McGuireWoods from Jones Day. With more than a decade of experience in private practice, his many high-profile engagements include representing former U.S. Attorney General William Barr in connection with Barr's deposition before the House select committee investigating the Jan. 6, 2021, attack on the U.S. Capitol.
Snyder served as a prosecutor for 16 years, including eight years as an assistant U.S. attorney in the Southern District of New York, where he focused on cases involving bank and wire fraud, money laundering, obstruction of justice, and RICO and International Emergency Economic Powers Act violations.
Snyder prosecuted the 50 top leaders of the Revolutionary Armed Forces of Colombia, a designated foreign terrorist organization, for alleged narcotics manufacturing and importation offenses and tried the first wave of defendants extradited to the United States. He received the U.S. Department of Justice Director's Award for Superior Service in 2008 for his role in the successful prosecution of the Genovese organized crime family.
Snyder left the DOJ for private practice in 2010, but returned to public service in 2015 as senior counsel leading the U.S. State Department's response to the congressional investigation of the attack on embassy facilities in Benghazi, Libya.
"Eric has had a distinguished career in public service and private practice and we are delighted he is starting a new chapter with McGuireWoods," said Dion Hayes, the firm's deputy managing partner for litigation. "We are pleased that our clients will now have the benefit of his unique insight and experience in complex cross-border investigations and other significant investigations and prosecutions."
"Eric's experience leading sensitive, high-profile domestic and international investigations will have enormous benefits for clients facing enforcement and compliance challenges in the U.S. and abroad," added Todd Steggerda, chair of the firm's Government Investigations & White Collar Litigation Department. "His arrival enhances our reputation as a government investigations powerhouse."
With more than 80 attorneys — including former U.S. attorneys and other federal prosecutors, enforcement officials and a U.S. deputy attorney general — McGuireWoods' Government Investigations & White Collar Litigation Department has represented Fortune 100 companies and individuals in some of the most prominent and complicated criminal, regulatory and investigative matters of the past decade.
"Eric's impressive achievements as a prosecutor in the Southern District of New York and his stellar reputation as a defense lawyer make him a valuable addition to our litigation bench," said Noreen Kelly, managing partner of McGuireWoods' New York office.
McGuireWoods ranks among the world's leading investigations firms in the GIR 100, a guide to top cross-border investigations practices based on independent research by Global Investigations Review. The firm earned a nationwide ranking for corporate crimes and investigations in Chambers USA's 2022 guide. In addition, Law360 has twice named McGuireWoods a White Collar Practice Group of the Year.
"McGuireWoods has a deep and talented government investigations practice that is recognized nationally for excellence and I have long admired the world-class lawyers on this team," Snyder said. "I am excited to join the firm and look forward to putting my experience to work for our clients."
McGuireWoods LLP is a leading international law firm with 1,100 lawyers in 21 offices worldwide. It continuously ranks among the top firms in Financial Times' prestigious North America Innovative Lawyers report. The firm has been recognized 16 times on BTI Consulting's Client Service A-Team — elite firms singled out for client service excellence based on unprompted feedback from clients in major companies. Its full-service public affairs arm, McGuireWoods Consulting LLC, offers infrastructure and economic development, strategic communications and grassroots advocacy, and government relations solutions. For more information, visit www.mcguirewoods.com.
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SOURCE McGuireWoods LLP
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https://www.wibw.com/prnewswire/2022/06/22/accomplished-government-investigations-lawyer-eric-snyder-joins-mcguirewoods-new-york/
| 2022-06-22T15:46:13Z
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Which heated mattress pad is best?
Heated mattress pads offer a comfortable way to nestle into a warm bed without running the furnace or blasting a space heater all night. They come in all bed sizes, and some even offer dual heat settings for partners. Heated mattress pads also offer therapeutic relief for conditions that cause joint and muscle aches.
The size, heat settings, and materials all factor into which pad works best for your needs. If you’re looking for a reliable pad with versatile features, the Sunbeam Quilted Heated Mattress Pad offers the best functionality at a reasonable price.
What to know before you buy a heated mattress pad
The size, materials and ease of use are all key factors to think about as you search. Heated mattress pads come with various heat settings and features, so it’s helpful to identify the most valuable settings for you.
Size
The size of the mattress pad depends on the size of your mattress. You can find most pads in sizes twin, full, queen and king. Some mattress pads also come in extra sizes like California king and twin XL.
Cords
Consider how easy the pad is for you to use in your bedroom. The length of the power cord needs to reach from the mattress to the nearest outlet easily. Similarly, the length of the controller cord needs to be comfortable for you to operate while lying in bed. Measure those two lengths to better understand what cord length you need.
Material
Most heated mattress pads come wrapped in polyester for water resistance and easy cleaning. Pads made of cotton or a cotton blend are less common. Be sure to check the manufacturer’s instructions on whether your pad is safe to cover with a fitted sheet or not.
What to look for in a quality heated mattress pad
As you browse for the best heated mattress pad for your bed, consider features that contribute to a better night’s sleep, such as dual heat settings, an auto shut-off mode and machine washable material.
Dual settings
Mattress pads offer either single or double heat settings. Dual settings let couples choose their individual heat preferences. If you don’t sleep alone, this may be the ideal option since not everybody likes sleeping at the same temperature.
Auto shut-off
An automatic shut-off function is handy both for safety and comfort. A heated pad with this functionality turns itself off after a certain period.
This timer may be pre-set, or you may be able to set an adjustable timer for when you want the heat to turn off for up to 12 hours long.
Machine-washable
Most pads are machine-washable, but you should confirm that before purchasing. Additionally, check whether the pad is safe to tumble dry, as that varies by brand. Remove all controllers and extraneous wiring before you toss it in the laundry.
How much you can expect to spend on a heated mattress pad
A king-sized pad costs between $80-$250.
Heated mattress pad FAQ
What’s the difference between a heated mattress pad and an electric blanket?
A. A heated mattress pad is more similar to a regular mattress pad than an electric blanket in that it is fitted to the size of the bed and stays put beneath you under the sheets. Since you lay on top of it, the heat rises toward your body rather than up and away from your body. It can’t become tangled or balled up, so it is less likely to catch fire. As you sleep, it stays in place, so you can toss and turn without kicking it off the bed.
Is it safe to sleep with a heated mattress pad?
A. Yes, as long as you use them carefully and properly. Use common sense, follow the manufacturer’s instructions and refrain from installing them for those with limited mobility who may not be able to address any malfunctions on their own.
Can I wash my heated mattress pad?
A. Yes. Most heated mattress pads are machine-washable. Check with your manufacturer’s instructions before adding it to the wash. Also, check whether they are safe for a dryer or whether you should line dry them. Remove the controllers and extraneous wiring before you toss them in the laundry.
What’s the best heated mattress pad to buy?
Top heated mattress pad
Sunbeam Quilted Heated Mattress Pad
What you need to know: This pad offers a variety of customizable heat settings for a couple looking for more comfort.
What you’ll love: Choose from 10 heat settings and set dual-zone controls for optimal comfort. An auto-off function keeps you safe. This pad is also machine-washable and safe to throw in the dryer.
What you should consider: Some customers noticed the cord is in an awkward position to reach comfortably.
Where to buy: Sold by Amazon
Top heated mattress pad for the money
Reaks Electric Zone Heated Mattress Pad
What you need to know: This pad is packed with features for a reasonable price.
What you’ll love: The pad comes with 10 heat settings. It is machine-washable and fits mattresses up to 15 inches deep. The power cord is 6 feet long with a 13-foot controller cord.
What you should consider: Some customers wanted the cord to be longer.
Where to buy: Sold by Amazon
Worth checking out
Beautyrest 3M Scotchgard Heated Mattress Pad
What you need to know: This pad comes in all bed sizes, is aesthetically pleasing and easy to use with a few extra features.
What you’ll love: The pad is made from microfiber, making it extra luxurious. It’s treated with 3M Scotchgard, which makes it easy to treat and remove stains and wick away moisture. You can use it with smart home outlets and automatic timers. It includes a mattress skirt and three sizes of power cords. It comes in all bed sizes, from twin up to California King. The pad is machine-washable.
What you should consider: Some customers noticed the heat distributes unevenly.
Where to buy: Sold by Amazon
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Katy Palmer writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/best-heated-mattress-pad/
| 2022-04-19T16:21:47Z
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SEOUL, South Korea, April 21, 2022 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission (SEC) on April 20, 2022. The report is available at Shinhan Financial Group's Homepage, http://www.shinhangroup.com/en/invest/filing/oversea_filing02.jsp, as well as the U.S. Securities and Exchange Commission website, www.sec.gov.
A hard copy of the annual report will be provided to shareholders upon request, free of charge, via "shfg@shinhan.com".
Contact: Sooeok Kim, +82-2-6360-3128, sooeokkim@shinhan.com
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SOURCE Shinhan Financial Group
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https://www.wibw.com/prnewswire/2022/04/21/shinhan-financial-group-files-its-fy2021-form-20-f-sec/
| 2022-04-21T07:52:00Z
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Five regional center operators collectively praise the judge's ruling, which signals that EB-5 is open for business nationwide
DALLAS, June 28, 2022 /PRNewswire/ -- The District Court for the Northern District of California, on Friday, June 24, issued a preliminary injunction in Behring Regional Center vs. Mayorkas et.al. The Court ordered in part that previously designated EB-5 regional centers "must presently be permitted to operate;" this order enjoins the government from implementing its action deauthorizing EB-5 regional centers. This decision clears the way for investors to file new immigration petitions (I-526) under the EB-5 Reform and Integrity Act of 2022.
Five leading EB-5 regional center operators – Civitas Capital Group, CanAm Enterprises, EB5 Capital, Golden Gate Global, and Pine State Regional Center – are gratified that the Court recognized the agency's unlawful action and the significant harms resulting to all preexisting regional centers operating in good faith.
"We are particularly grateful that IIUSA, the industry trade association representing over 100 regional center members, was able to make such a compelling case to the Court in its briefing and at the second hearing on the matter as amicus curiae" said Lulu Gordon, General Counsel for EB5 Capital, speaking on behalf of the listed regional center operators.
"Judge Chhabria accepted IIUSA's legal arguments and legal reasoning to extend nationwide relief to all regional centers and thereby reopen the EB-5 regional center program" said IIUSA counsel Ron Klasko.
The EB-5 Program has an overwhelmingly positive impact on the U.S. economy. Between 2008 and 2021, the EB-5 Program helped generate $37.4 billion in foreign direct investment to create and retain U.S. jobs for Americans at no cost to the taxpayer.
Civitas Capital Group is a nimble alternative investment manager, founded in 2009, offering compelling, niche opportunities in U.S. real estate. Civitas exists to create opportunities that enrich our communities, investors, and employees alike. Driven by relentless creativity, Civitas digs deeper to uncover opportunities that others miss. Follow Civitas Capital Group on LinkedIn. Learn more at civitascapital.com.
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SOURCE Civitas Capital Group
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https://www.mysuncoast.com/prnewswire/2022/06/28/civitas-welcomes-federal-court-ruling-enjoining-unlawful-uscis-action/
| 2022-06-28T21:09:45Z
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NEW YORK, July 18, 2022 /PRNewswire/ -- Attention Wells Fargo & Company ("Wells Fargo") (NYSE: WFC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. 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.
If you suffered a loss on your investment in Wells Fargo, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Wells Fargo includes allegations that the Company made 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
Aggrieved Wells Fargo investors only have until August 29, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.kxii.com/prnewswire/2022/07/18/class-action-alert-law-offices-vincent-wong-remind-wells-fargo-investors-lead-plaintiff-deadline-august-29-2022/
| 2022-07-18T10:16:15Z
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TORONTO, July 25, 2022 /PRNewswire/ - Liquid Meta Capital Holdings Ltd. ("Liquid Meta" or the "Company") (NEO: LIQD) (FRANKFURT: N5F) (OTC: LIQQF) a decentralized finance infrastructure and technology company focused on bridging the gap between traditional and decentralized finance, today announced that its board of directors (the "Board") has approved a change of the Company's auditor. The Board and the Audit Committee of the Board have appointed RSM Canada LLP ( "RSM") as the company's new auditor, effective as of July 22, 2022 and the Company's former auditor, Zeifmans LLP ( "Zeifmans"), has submitted its resignation, effective July 22, 2022.
There were no disagreements or unresolved issues with Zeifmans on any matter of the audit scope or procedures, accounting principles or policies, or financial statement disclosure. There have been no "reportable events" (as defined in National Instrument 51-102 – Continuous Disclosure Obligations) between the Company and Zeifmans.
A Notice of Change of Auditor (the "Notice"), together with the response letters from Zeifmans and RSM, has been reviewed by the Audit Committee and the Board and have been filed on www.sedar.com.
"I would like to thank Zeifmans for their efforts over the last year. The firm provided us with excellent services and were instrumental in our RTO transaction last December. Zeifmans has been a valuable resource to Liquid Meta during the Company's first few quarters as a public company. Furthermore, we are very excited to be working with RSM going forward. RSM has a significant amount of experience and expertise working with other similar companies operating in Web3.0" commented Jonathan Wiesblatt, CEO of 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
Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents.
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.
For further information:
Jonathan Wiesblatt, President, CEO
Liquid Meta Investor Relations
investors@liquidmeta.io
jon@liquidmeta.io
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SOURCE Liquid Meta Capital Holdings Ltd
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https://www.wibw.com/prnewswire/2022/07/25/liquid-meta-announces-change-auditor/
| 2022-07-25T11:39:15Z
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BURBANK, Calif., June 30, 2022 /PRNewswire/ -- CareerArc, the only social recruiting platform purpose-built for talent acquisition, today announced the launch of Magic Posts for Employer Brand, a hands-off way to automatically create and publish a steady stream of employer-branded social media posts to drive candidate engagement, improve recruiting results, and save companies significant time and money.
Magic Posts for Employer Brand, together with Magic Posts for Job Posts released late last year, makes CareerArc the only solution to power end-to-end social media automation that self-builds and self-publishes both open job posts and employer brand posts—the two main types of content companies publish today to compete for candidate attention.
"For employers, gaining and sustaining candidate attention on social media has become harder each year and nearly impossible to do without additional help. But that help usually comes at a steep price of added staff and increased workloads to maintain an adequate and steady flow of quality content on social media," said Anna Bersudsky, CareerArc's Chief Product Officer. "Through Magic Posts for Employer Brand, we give HR and talent acquisition teams—who have borne the brunt of backfilling the talent vacuum left by the Great Resignation—a real competitive edge by solving the biggest pain points in social recruiting: manual content creation and publishing. Our hope is that through strategic automation, any company can level the playing field on social media and finally get a fair chance at reaching the talent they deserve."
Applying a strategic approach to automation, CareerArc has solved the common pitfalls of automated social media posting through key features, including:
- automated post variation that ensures non-repetitive content creation;
- automated post optimization that maximizes content discoverability and conversion by applying the right image, hashtags, keywords, and more to each unique post; and
- automated employee advocacy that maximizes content reach by publishing to unlimited personal and recruiter social media profiles via frictionless one-click opt-in.
CareerArc's advanced and strategic automation capabilities are unmatched by any recruiting solution in the market and rival those found in the most popular social media tools used by marketers. CareerArc also offers an in-depth analytics platform for its customers, which features data points to track various aspects of campaign performance such as top posts over time, top posts by type, top posts by content, engagement types, an engagement heat map, and more.
"One goal that we've always had as a team is automation—getting maximum information out to potential applicants as quickly and efficiently as possible," said Jena Vonderhaar, Talent Acquisition Administrator at BCD Meetings & Events. "CareerArc's employer brand campaign capability just came to the rescue with this upgrade and it's been fantastic. We are actually working on developing all of that content to achieve another goal of showing candidates who we are as a company and what it means to work with us—and I think this employer branding is the easiest way to do that. CareerArc has made my life so much easier and it's so much fun at the same time. There are so many fun tools and customizations that we can do to really paint that picture for applicants. So our goal of having everything automated has been more than achieved with CareerArc. I really don't know what my day-to-day would look like without it."
Learn more about Magic Posts for Employer Brand here.
About CareerArc
Founded in 2009, CareerArc has over a decade of experience helping the world's most exciting brands transform their social media presence into a recruiting machine. Clients report notable achievements such as a 50% increase in hires, 85% retention rate for candidates hired through the platform, and a per-client average of more than 900 hours of work saved on recruiting each year. CareerArc's social recruiting software and services give talent acquisition teams the power to communicate their employer brand at scale and drive meaningful brand awareness, affinity, and engagement to achieve their critical hiring demands and recruiting goals. Visit www.CareerArc.com to learn more.
Contact:
BAM for CareerArc
careerarc@bamtheagency.com
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https://www.mysuncoast.com/prnewswire/2022/06/30/careerarc-launches-self-building-social-media-posts-frictionless-employee-advocacy-make-recruiting-easier/
| 2022-06-30T14:33:55Z
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Commercialization of Accelerate Arc system, which includes the Accelerate Arc Module and BC kit, unlocks the path to automated, rapid microbial ID for positive blood cultures across the large installed base of MALDI system users. The Accelerate Arc system can cut hours of wait time, eliminate laborious hands-on sample prep, and offer significant cost savings for healthcare facilities compared to current methods.
TUCSON, Ariz., May 16, 2022 /PRNewswire/ -- Accelerate Diagnostics, Inc. (NASDAQ: AXDX) an in-vitro diagnostics company dedicated to providing solutions for the global challenges of antibiotic resistance and sepsis, today announced commercialization of its new Accelerate Arc Module and BC kit.
"On the heels of publishing robust data at the 32nd European Congress for Clinical Microbiology and Infectious Diseases demonstrating the value of using the automated Accelerate Arc Module and BC kit, we're excited to announce this product is now registered as an IVD with the FDA and will soon be available to healthcare facilities in the U.S. market," said John Meduri, Chief Strategy Officer for Accelerate Diagnostics. "Arc in its early days of commercialization has already generated numerous evaluations and in-bound interest from potential commercial partners. Using our system, the total cost to rapidly identify organisms from positive blood cultures is significantly less than what laboratories are paying today for a rapid molecular ID solution."
Designed for labs with MALDI platforms, the Accelerate Arc Module and BC kit is a novel application of inline centrifugation and automated sample prep techniques, which together with the blood culture (BC) kit, provides a suspension of cleaned microbial cells for direct transfer to a MALDI spotting plate.
The simple load-and-go workflow eliminates the need for batching multiple specimen tests, cutting hours off the wait for microbial ID results for positive blood cultures. The Accelerate Arc Module requires just 2-3 minutes of hands-on time to run and is simple enough to be used on all shifts, by any laboratory technician, freeing up valuable technician time by automating the MALDI workflow. Further, this automated, rapid workflow that the Accelerate Arc system avails is the perfect companion to the Accelerate PhenoTest® BC kit AST configuration enabling laboratories to report identification and antimicrobial susceptibility test results directly from positive blood cultures days earlier than current standard-of-care methods.
For further information on the Accelerate Arc Module, please visit the Accelerate Diagnostics products page linked here.
About Accelerate Diagnostics, Inc.
Accelerate Diagnostics, Inc. is an in vitro diagnostics company dedicated to providing solutions for the global challenges of antibiotic resistance and sepsis. The Accelerate Pheno® system and Accelerate PhenoTest® BC kit combine several technologies aimed at reducing the time clinicians must wait to determine the most optimal antibiotic therapy for deadly infections. The FDA cleared system and kit fully automate the sample preparation steps to report phenotypic antibiotic susceptibility results in approximately 7 hours direct from positive blood cultures. Recent external studies indicate the solution offers results 1–2 days faster than existing methods, enabling clinicians to optimize antibiotic selection and dosage specific to the individual patient days earlier. The Accelerate Arc™ Module and BC kit is an innovative technology that offers an automated path to direct MALDI identification for positive blood cultures and requires a simple workflow with short hands-on-time. This new sample prep device enables lab technicians to easily unlock the vast ID capability of MALDI.
"Accelerate Diagnostics" and diamond shaped logos and marks are registered trademarks of Accelerate Diagnostics, Inc. Any trade, product or service name referenced in this document using the name "Accelerate" is a trademark and/or property of Accelerate Diagnostics, Inc. All other company and product names may be trademarks, registered trademarks, or service marks of the companies with which they are associated.
For more information about the company, its products and technology, or recent publications, visit axdx.com.
Forward-Looking Statements
Certain of the statements made in this press release are forward looking. Actual results or developments may differ materially from those projected or implied in these forward-looking statements. Such forward looking statements include, but are not limited to, statements regarding expected customer cost savings, and improvements in workflow times. Information about the risks and uncertainties faced by Accelerate Diagnostics is contained in the section captioned "Risk Factors" in the company's most recent Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 14, 2022, and in any other reports that the company files with the Securities and Exchange Commission. The company's forward-looking statements could be affected by general industry and market conditions, and regulatory approvals. Except as required by federal securities laws, the company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties, or other contingencies.
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https://www.wibw.com/prnewswire/2022/05/16/accelerate-diagnostics-announces-commercialization-its-accelerate-arc-system-having-completed-ivd-registration-with-fda/
| 2022-05-16T13:06:58Z
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NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Dotdash Meredith, an operating business of IAC (NASDAQ: IAC), will participate in the Truist Securities Internet Growth Summit on Friday, September 16, 2022. Neil Vogel, Chief Executive Officer of Dotdash Meredith, will participate in a fireside chat at 10:30 a.m. ET. A live stream of the fireside chat will be available to the public at https://ir.iac.com/events-and-presentations.
A replay of the fireside chat will be available in the IR section of the IAC website at https://ir.iac.com/events-and-presentations.
About Dotdash Meredith
Dotdash Meredith is the largest digital and print publisher in America. From mobile to magazines, nearly 200 million people trust us to help them make decisions, take action, and find inspiration. Dotdash Meredith's over 40 iconic brands include PEOPLE, Better Homes & Gardens, Verywell, FOOD & WINE, The Spruce, Allrecipes, Byrdie, REAL SIMPLE, Investopedia, and Southern Living. Dotdash Meredith is based in New York City and is an operating business of IAC (NASDAQ: IAC).
About IAC
IAC (NASDAQ: IAC) builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC over two decades ago have emerged 11 public companies and generations of exceptional leaders. We will always evolve, but our basic principles of financially disciplined opportunism will never change. IAC is today comprised of category leading businesses including Angi Inc. (NASDAQ: ANGI), Dotdash Meredith and Care.com among many others ranging from early stage to established businesses. IAC is headquartered in New York City with business locations worldwide.
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SOURCE IAC
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https://www.kxii.com/prnewswire/2022/09/13/dotdash-meredith-participate-truist-securities-internet-growth-summit/
| 2022-09-13T21:46:44Z
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Special Weather Statement issued April 28 at 3:56PM MDT by NWS Pocatello ID
At 352 PM MDT, Doppler radar was tracking a band of thunderstorms
lifting northeast into the Galena Summit area. Motorists traveling
over the pass may experience accumulating snowfall and slick road
conditions.
HAZARD…Accumulating snowfall and gusty winds.
SOURCE…Radar indicated.
IMPACT…Rapidly accumulating snowfall and slick roads are possible.
Locations impacted include…
Sunbeam, Galena Lodge, Galena Summit and Smiley Creek Airport.
If outdoors, consider seeking shelter inside a building.
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https://localnews8.com/weather/alerts-weather/2022/04/28/special-weather-statement-issued-april-28-at-356pm-mdt-by-nws-pocatello-id/
| 2022-04-28T22:18:30Z
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Jill Biden, education chief to kick off summer learning tour
WASHINGTON (AP) — Jill Biden and Education Secretary Miguel Cardona will visit Connecticut, Georgia and Michigan this week to examine summer learning programs that are helping children who fell behind during the pandemic catch up on reading, writing and arithmetic before the new school year begins.
The two-day tour, which the first lady’s office announced Tuesday, also gives her and Cardona a chance to highlight programs that are paid for by President Joe Biden’s coronavirus relief program. The $1.9 trillion American Rescue Plan set aside $122 billion to help schools safely reopen and stay open during the pandemic, and address students’ academic and mental health needs.
Many schools across the United States saw large numbers of students fall under the radar after schools shut their doors because of the pandemic and learning went online. Many students skipped class, tests and homework. Record numbers of families opted out of annual standardized tests, leaving some districts with little evidence of how students were doing in reading and math.
Now that most schools have reopened, many have been racing to make up for lost time and gaps in learning. They are budgeting billions of dollars for tutoring, summer camps and longer school days and trying to figure out which students need the most help after two years of disruptions.
Biden, a professor at Northern Virginia Community College, and Cardona, were opening the tour Wednesday by visiting a Horizons National summer learning program held at the private Albertus Magnus College in New Haven, Connecticut, for local public elementary school students.
Horizons National is a nonprofit providing summer learning programs in 20 states, according to the first lady’s office.
Cardona is also a career educator and a Connecticut native who was that state’s education commissioner when President Biden nominated him for the federal post.
Cardona and the first lady also plan stops Thursday at a Detroit Public Schools Community District summer learning program, held at Schulze Academy for Technology and Arts in Detroit that serves kindergarten through eighth grade students from the district.
From Michigan, they will head to Athens, Georgia, to visit another Horizons National program, this one at the University of Georgia and serving students from Barnett Shoals Elementary School.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/07/19/jill-biden-education-chief-kick-off-summer-learning-tour/
| 2022-07-19T14:30:32Z
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XTR Studios will include 30,000 Sq. Ft. of production and post-production space, including a sound stage and recording studio
ECHO PARK, Calif., April 26, 2022 /PRNewswire/ -- XTR, the award-winning nonfiction company behind They Call Me Magic on Apple TV+ and Oscar-nominated Ascension, today announced it has acquired a 30,000 square foot studio located in Echo Park on the Eastside of Los Angeles. Sitting on almost an acre of land, XTR Studios includes production and post-production facilities, a sound stage, recording studio and offices. The acquisition represents a key milestone for the documentary industry as audience growth and business catches up to narrative.
With the expansion of streaming platforms available to audiences around the globe, investment in new content continues to grow; Ampere Analysis recently estimated $230 billion will be spent on content in 2022. Non-fiction entertainment in particular is experiencing major growth, gaining more new market share than any other genre last year as it begins to take up more of the narrative business.
"This is an incredible time for documentaries where there is more demand than ever before. Having our own facilities will allow us to meet this moment," said Bryn Mooser, XTR CEO and Founder. "Most importantly, we are excited to build a center for creative excellence and an independent home for filmmakers and artists that inspires them and supports them to make their best work."
The acquisition of XTR Studios continues the trend of major media and entertainment companies investing in production facilities around the world. XTR now joins Sony, HBO, Warner Brothers, Lionsgate and others in expanding their production footprint to increase the output of new content and cement in-house capabilities.
XTR Studios will also serve as the headquarters of Documentary+, the company's fast growing platform now available in 80 million homes. Launched in 2021, it has already become the one most watched documentary channels in the world.
ABOUT XTR:
XTR is a premium global nonfiction entertainment studio. With a focus on audience appeal and a commitment to artistry, the award-winning studio works with outstanding creators to produce, distribute, finance, and develop films, series, and podcasts. Since its inception in 2019, XTR has produced and financed over 80 documentaries, including "They Call Me Magic," on AppleTV+; MTV Documentary Films' Oscar-nominated "Ascension"; and the Emmy and Peabody award-winning "76 Days." In 2021, XTR launched DOCUMENTARY+, an AVOD platform and FAST channel that brings the best in nonfiction film and television to over 80 million households in the US and nearly every country globally. XTR - based on a true story.
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SOURCE XTR
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https://www.kxii.com/prnewswire/2022/04/26/documentary-company-xtr-acquires-vast-studio-eastside-los-angeles-scale-productions/
| 2022-04-26T19:57:58Z
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NEW YORK , June 24, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of F-star Therapeutics, Inc. ("F-star" or the "Company") (NASDAQ: FSTX), in connection with the proposed acquisition of the Company by invoX Pharma ("invoX") via a tender offer. Under the terms of the merger agreement, the Company's shareholders will receive $7.12 in cash for each share of F-star common stock owned. The transaction is valued at approximately $161 million.
If you own F-star shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/fstx
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) F-star's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $7.12 per-share merger consideration adequately compensates F-star's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, the merger consideration is below the $30.00 median price target set by analysts, and at least one analyst set a price target for the Company of $35 per share, $27.88 above the per-share merger consideration.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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https://www.kxii.com/prnewswire/2022/06/24/shareholder-alert-weiss-law-investigates-f-star-therapeutics-inc/
| 2022-06-24T19:35:33Z
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How US trees are powering Europe’s renewable energy goals
tchara // Shutterstock
US trees are powering Europe’s renewable energy goals—here’s where Americans are most affected
The European Union in 2020 sourced 21.3% of its energy from renewables, surpassing its 2009 goal. With most of the continent’s energy came from oil and petroleum products, its announcement was one of the first ambitious global promises to address climate change. Within the broad range of renewable energy sources Europe relied upon, one source accounted for nearly half of the continent’s renewable supply: biomass.
Broadly, biomass is any organic material used as fuel and can include manure, agricultural or industrial waste, garbage, and most prominently, wood. Burning wood for fuel is nothing new: As countries transition away from coal and other fossil fuels, the popularity of biomass increases, leading to a spike in demand for wood pellets.
Stacker cited data from the International Trade Center, Eurostat, and the Southern Environmental Law Center to examine how the growing wood pellet industry in the U.S. is fueling European energy, despite its controversial environmental reputation.
The 1997 Kyoto Protocol first considered wood pellets a carbon-neutral energy source. The world was beginning to think more seriously about climate change at the time, and pellets became an easy substitute to transition away from coal-powered facilities. Woody biomass companies replant trees while harvesting timber, allowing young forests to absorb carbon while justifying biomass as a renewable energy source. But biomass’s carbon neutrality is not immediate: It takes years for new saplings to meet the carbon-absorption capacity of older trees being harvested. Meanwhile, wood pellets are burned and emit the CO2 once stored by the wood. The resulting carbon debt can take decades for newly planted trees to offset.
Scientists also note that considering wood pellets carbon-neutral overlooks emissions from the supply chain. An analysis from the Environmental Integrity Project published in 2018 found that 21 wood pellet facilities exporting to Europe emitted 16,000 tons of air pollutants annually. Transportation in cross-Atlantic vessels is another phase that often goes unaccounted for in woody biomass’s carbon calculations.
Scientists have begun to question the sustainability of woody biomass, and whether the displacement of one fossil fuel is now causing the disruption of forest ecosystems—all while still emitting greenhouse gases. Read on to learn about the complexities of renewable energy.
You may also like: The 90 companies responsible for two-thirds of historical greenhouse gas emissions
Emma Rubin // Stacker
The EU aims for renewables to make up 40% of its energy supply by 2030
The latest Intergovernmental Panel on Climate Change report, released in April of 2022, warns that efforts to cut greenhouse gas emissions must be taken more seriously. If countries do not make concerted efforts to cut emissions by 2025, the report claims, the world may not be able to prevent global temperatures from rising 1.5 degrees Celsius (or 2.7 degrees Fahrenheit) above pre-industrial levels. Pressure for countries to meet climate promises and curb reliance on fossil fuels has accelerated since the U.N.’s First Earth Summit in 1972, with European Union countries setting ambitious pledges for the coming decades.
Renewable energy supply in Europe has grown 237% since 1990. The United Kingdom has kept up goals even after Brexit, targeting 100% renewable energy by 2035. The growing amount of gigawatts renewables is providing means that demand is accelerating across the renewable sector.
Emma Rubin // Stacker
Solid biomass still comprises about 45% of renewables
Solar and wind power have shown the fastest growth since 1990, but the EU still gets nearly half of its renewable energy supply from combustible biomass. Solid biofuel data can’t be broken down by origin, meaning the exact scale of wood-sourced biomass in Europe’s energy supply is not available. Regardless, estimates suggest forestry accounts for at least 60% of European biomass.
Biomass plants qualify to receive renewable energy subsidies, which drives their popularity. Biomass subsidies in the EU have remained steady over the past five years. A report from the European Commission’s Directorate-General for Energy found at least €103 billion have benefited biomass plants since 2015, an amount that falls behind the €170 billion and €113 billion spent subsidizing solar and wind respectively.
More than 500 scientists signed a letter to President Joe Biden and the leaders of Japan, the European Council, European Commision, and the United Nations urging against subsidies and incentives for biomass fuel. Last year, the Netherlands—which imported nearly 1.3 million tons of U.S. wood pellets in 2021—ended subsidies on new biomass plants. The country instead seeks to develop a phase-out policy and rely on other renewables.
Emma Rubin // Stacker
The largest wood pellet mills are in the American South
As pressure mounts—especially in Europe—to meet renewable energy goals, demand for wood pellets rises. Forests in Germany, Sweden, and Latvia have historically been major suppliers of this fuel. To meet the demand of less self-sufficient countries, the U.S. South has become a hub for wood pellet production: More than 23 mills produce a combined capacity of 10.5 million tons of pellets annually. The value of U.S. exports of wood pellets to Europe grew nearly 60% in the last five years.
The South is also home to the American wood pellet industry, thanks in large part to the region’s forests. Forests cover the majority of land in most southern states, and the ecosystems are diverse. But crucially, many of these forests are privately owned. Although states like Washington and Oregon are home to greater forest acreage than southeastern states, most of their ecosystems are publicly owned. The latest estimates for the largest exporters of wood pellets in 2021 showed most forests are privately owned in Georgia, Louisiana, Florida, and Alabama.
Emma Rubin // Stacker
Three companies own about two-thirds of southern wood pellet mills exporting to Europe
Three companies—Enviva, Drax Biomass, and Fram Renewable Fuels—control two-thirds of wood pellet facilities in the southern U.S that export to Europe, according to data from the Environmental Paper Network and the Southern Environmental Law Center. Other pellet manufacturers operate in the South, like Lignetics, which is consumer and not business-to-business focused.
Built in 1974, Drax power station was the last coal facility in the U.K., originally sourcing coal from the surrounding Yorkshire region. Now, Drax has almost fully converted to biomass, relying on a growing number of mills across North America to power the transition. A 2021 acquisition of Pinnacle Renewable Energy means Drax now owns 17 mills across Canada and the U.S. South.
Enviva has also expanded rapidly to meet the demands of its partners in Europe, the U.K., and Japan. Since 2011, it has opened nine mills with a combined capacity of 5.4 million tons. Enviva is currently building another plant in Lucedale, Mississippi, and has proposals for two additional mills in Mississippi and Alabama.
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https://localnews8.com/stacker-news/2022/04/16/how-us-trees-are-powering-europes-renewable-energy-goals/
| 2022-04-16T21:14:46Z
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SOUTHFIELD, Mich., Sept. 6, 2022 /PRNewswire/ -- Jaffe Raitt Heuer & Weiss, P.C., a leading Michigan full-service law firm, announced today it is merging with Taft Stettinius & Hollister LLP, an AmLaw 100 law firm with offices across the Midwest and the District of Columbia, effective December 31, 2022.
"Jaffe is starting a new, modern chapter by joining Taft," said Jaffe CEO Mark Cooper. "Taft shares our entrepreneurial mindset, Midwestern values, and commitment to culture, community, and client service. Our ability to leverage Taft's resources and expertise will provide an opportunity to drive even greater value and results to our clients."
Taft operates an innovative "non-headquarter" model in seven primary Midwest markets and the District of Columbia, allowing offices to thrive under empowered local leadership. Local offices are supported by a deep bench of legal expertise across a diverse array of practice areas. After joining Taft, the current Jaffe leadership team will continue to lead and make Detroit market decisions, and many will step into firm-wide leadership roles, serving on Taft's executive committee, all other major committees of the firm, and chairing practice groups.
The combined full-service firm, with more than 800 attorneys, will offer a broad spectrum of legal services to a wide range of industries, representing all significant practice areas.
"At Taft, our pervasive 'client-first' approach is central to who we are and how we operate," said Robert J. Hicks, Taft's chairman and managing partner. "By combining with Jaffe, we welcome a cohesive, talented, and experienced group of attorneys and staff to our team offering expanded expertise to clients. As in all of our mergers, we also look forward to continuing to support the Detroit regional community, united in our commitment to engage with our communities — a shared value among our firms."
Founded in 1968, Jaffe is one of the most respected full-service business law firms in Michigan — representing public and private clients throughout the Midwest and United States, and internationally, with a Midwestern rate structure. With offices in Southfield and Detroit, Jaffe is currently the seventh-largest law firm in the Metro Detroit area with more than 120 attorneys representing more than 25 practice areas.
"Jaffe was founded more than 50 years ago and has created a firm centered on client service and exceptional legal counsel. By joining Taft, a firm that shares our values and client-first approach, we ensure the legacy of the firm will continue for generations to come, in alignment with our foundational principles," said Arthur Weiss, Chairman of Jaffe.
Jaffe has been named a Crain's Detroit Business Cool Places to Work in Michigan for the last three years. In addition to these recognitions, dozens of Jaffe attorneys have been honored for their expertise and leadership by various local and legal publications and rating services including Best Lawyers, Chambers, Crain's Detroit Business, DBusiness, Michigan Lawyers Weekly, SuperLawyers® and more.
This combination not only expands Jaffe's capabilities, but it also expands Taft's presence as it enters its eighth Midwest market — the second-largest in the Midwest. With the Jaffe combination, Taft will have major offices in seven of the nine largest Midwest metropolitan markets. In addition to several strategic lateral hires and robust internal growth, Taft has completed five mergers/combinations in the past 15 years — Briggs & Morgan (Minneapolis) in 2020, Shefsky & Froelich (Chicago) in 2014, Chester Willcox & Saxbe (Columbus) in 2012, and Kahn Kleinman (Cleveland) and Sommer Barnard (Indianapolis), both in 2008.
The addition of Jaffe comes at a time of strategic growth for Taft — having recently been named an Am Law 100 firm. In addition, Taft has grown its attorney headcount by more than 85% in the past five years and continues to be recognized as an employer of choice across the Midwest.
Such growth has enabled Taft to invest significantly in modern initiatives, including its focus on diversity, equity, and inclusion. Today, more than 70% of Taft's executive leadership team are women and/or racially and ethnically diverse attorneys. The firm's efforts to establish itself as a modern, progressive law firm has also earned them the prestigious Mansfield Rule Certification 4.0 Plus status.
For more information, visit Jaffelaw.com and Taftlaw.com.
Michigan-based Jaffe Raitt Heuer & Weiss, P.C. is a full-service law firm representing and advising entrepreneurs and businesses nationwide. Focused on results, invested in relationships, and driven by opportunity, Jaffe has more than 120 attorneys in its Southfield and Detroit offices. Learn more at Jaffelaw.com.
Founded in 1885, Taft is focused on being the modern law firm. From its non-headquarter model to a one-class partnership structure, the firm is committed to its core values of integrity, inclusivity, and teamwork in order to help clients succeed by delivering progressive, agile, and efficient solutions. Learn more at Taftlaw.com.
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https://www.kxii.com/prnewswire/2022/09/06/jaffe-raitt-heuer-amp-weiss-combines-with-taft-expanding-midwest-reach-capabilities/
| 2022-09-06T16:02:52Z
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NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Ping Identity Holding Corp. (NYSE: PING)'s sale to Thoma Bravo $28.50 per share. If you are a Ping shareholder, click here to learn more about your rights and options.
Caladrius Biosciences, Inc. (NASDAQ: CLBS)'s merger with Cend Therapeutics, Inc. Upon closing of the proposed merger, Cend shareholders will receive approximately 60.5 million shares of Caladrius common stock, subject to certain closing conditions, resulting in the shareholders of each company owning approximately 50% of the combined company. If you are a Caladrius shareholder, click here to learn more about your rights and options.
ManTech International Corporation (NASDAQ: MANT)'s sale to Carlyle Group Inc. for $96.00 per share in cash. If you are a ManTech shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
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SOURCE Halper Sadeh LLP
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https://www.kxii.com/prnewswire/2022/08/04/shareholder-investigation-notice-halper-sadeh-llp-investigates-ping-clbs-mant/
| 2022-08-04T15:46:31Z
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The Game Day Will Produce Two Original Series Airing Across Digital and Social Platforms.
NEW YORK, June 16, 2022 /PRNewswire/ -- The BIG3 and The Game Day are thrilled to announce a content partnership for the league's fifth season, which tips off on Credit Union 1 Arena in Chicago, IL live Saturday on CBS and Paramount+, and live Sunday on DAZN and VYRE Network. Founded by producer, actor and music legend, Ice Cube, and entertainment executive Jeff Kwatinetz, the BIG3 is the global FIREBALL3 basketball league featuring some of the best players to ever play the game. The Game Day (TGD), one of the fastest growing online sports media & iGaming companies, will produce two original shows, Day in the Life and BIG3 4-Point Battle airing across BIG3, BIG3 Partners DAZN and VYRE Network as well as on the TGD social platforms (YouTube, TikTok, Insta/Reels).
"We are so pleased to team up with The Game Day and enhance our content offerings bringing fans closer to the league and its players," said BIG3 CEO, Chris Hannan. "TGD is creating fresh, engaging social content that resonates with all audiences."
The partnership will kick-off the first week of BIG3's season with the twice-weekly social-first series Day in the Life. The series will give an all-access pass to players, coaches and personalities as they showcase how they prepare for and execute on game days. BIG3 and The Game Day have also announced the debut of a new season-long competition format aptly named the BIG3 4-Point Battle. Known for its 4-point circles, BIG3 will bring 12 of its best shooters alongside former BIG3 captains to fill a 19 player contest which will unfold over the course of the 2022 season.
"We're absolutely thrilled to be partnering with BIG3," says Steve Carey, Co-founder and COO of The Game Day. "Teaming up with an established sports league like BIG3 is a landmark deal for us, and a testament to how far our brand's come in just the two years since we launched. We're hugely looking forward to collaborating with them on a new slate of content."
BIG3 (BIG3.com) is who we are, FIREBALL3 is what we play. It's not your grandfather's 3-on-3. The premier global BIG3 league features many of the greatest, most popular and skilled professional athletes of all time. Founded by producer, actor and music legend Ice Cube and entertainment executive Jeff Kwatinetz, the BIG3 combines highly competitive, physical, fast game experiences and incredible fan experiences.
The Game Day is a sports entertainment & media company geared towards millennials and Gen Z. Launched in May 2020, The Game Day bridges the gap between casual sports fans and sports bettors by creating digital and social content that is engaging, fun and original. Recently ranked #34 in the Top 500 Fastest Growing Startups in NYC and shortlisted for 2022's Sports Media Company of the Year by SBC Gaming, The Game Day is quickly changing the dynamic in sports entertainment and iGaming. For more information visit thegameday.com and/or watch our content on YouTube, FB, Instagram, TikTok, and Snapchat.
Contact Information:
BIG3:
Hannah Palacios
hpalacios@hstrategies.com
The Game Day:
Melissa Kennedy
610.635.8427 (cell)
MelissaKennedy@thegameday.com
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SOURCE BIG3
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https://www.kxii.com/prnewswire/2022/06/16/big3-game-day-announce-partnership-2022-season/
| 2022-06-16T18:06:00Z
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‘I still feel it is him’: Sister says skeletal remains at Lake Mead is missing brother with Mafia ties
LAS VEGAS (KVVU/Gray News) - Further details are being shared regarding the first set of skeletal remains found earlier this year at Lake Mead.
The Las Vegas Metropolitan Police Department first discovered the skeletal remains at the lake in May when investigators were called about possible remains being discovered in a barrel.
Since that discovery, police said there have been three more skeletal remains found at the lake, and this week, Barbara Brock told KVVU she believes that the first set of remains could be her brother.
Brock said her brother, Bobbi Eugene Shaw, has been missing for about 45 years. She said police contacted her about collecting DNA samples because they believe her brother matches the description of the body inside that barrel.
“Bob went missing in 1977, and of course, all these years, we have wondered where he is at,” Brock said. “If he is alive or dead.”
Police said the timeframe of when Shaw went missing also matched the timetable of the remains.
Brock said her brother was involved with the Mafia, which may have had some connection to his disappearance.
Police said the person’s death was a homicide and possibly mob-related.
“When they found the first body in the barrel, I knew it was him,” Brock said. “I still feel it is him.”
Brock said she hopes for some concrete answers.
“We are praying that it is Bob,” she said. “I know he is gone, but a definite knowing would make me feel better.”
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/08/09/i-still-feel-it-is-him-sister-says-skeletal-remains-lake-mead-is-missing-brother-with-mafia-ties/
| 2022-08-09T23:30:10Z
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NEW YORK, June 9, 2022 /PRNewswire/ -- Bloomberg announced today an expansion of its market-leading coverage of cryptocurrency data on the Bloomberg Terminal to include the top 50 crypto assets, including Bitcoin, Ethereum, Binance Coin, XRP, Solana and more. Clients can now monitor intraday pricing for an expanded universe of cryptos, indices and futures contracts in real-time for faster, data-driven investment decisions.
Bloomberg has been helping clients navigate the cryptocurrency space for almost a decade and began providing Bitcoin prices on the Bloomberg Terminal in 2013. With the growth of institutional interest in investment strategies involving cryptos, in 2018 Bloomberg expanded the scope of available instruments to 10, and now to the top 50.
Thousands of cryptocurrencies trade every day on hundreds of venues and the quality of these assets and the venues they trade on varies greatly. Bloomberg takes a data-driven approach to selecting the cryptocurrency data to include on the Bloomberg Terminal and ensures that approach evolves along with the crypto markets. Bloomberg has developed a rigorous vetting model, available to view on the Bloomberg Terminal, that takes into account our institutional client base.
That process includes assessments of institutional custody support, trading access, market capitalization, and consistency of turnover.
"Our mission is to help the global institutional investor community to seamlessly incorporate digital assets into their workflows in a trusted and familiar way, on the Bloomberg Terminal," says Alex Wenham, product manager for cryptocurrencies at Bloomberg. "As this market develops, we will continue to evolve our data-driven offerings to help our clients define and develop their strategies in this space."
Bloomberg Terminal users can monitor intraday pricing for the top 50 crypto assets, indices, and futures contracts in real time by
Bloomberg also provides unified position management capabilities for clients investing in traditional and crypto assets through its integration of Elwood Technologies with Bloomberg AIM, a leading buy-side order management system. For more information please click
.
Recently, Bloomberg and Kaiko issued the first series of Financial Instrument Global Identifiers (FIGIs) covering crypto assets.
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.
For more information, visit Bloomberg.com/company or request a demo.
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https://www.kxii.com/prnewswire/2022/06/09/bloomberg-empowers-clients-by-expanding-coverage-top-50-crypto-assets/
| 2022-06-09T12:27:53Z
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Which hair growth serum for eyebrows is best
There are multiple factors that can play a role in the growth of your eyebrows. Despite the various environmental and emotional stressors that can cease hair growth, it is also the products used that can be the problem. An eyebrow hair growth serum that contains harsh chemicals and toxic ingredients not only prevents the eyebrow from growing but could cause hair loss and irritate the skin around the eye. Since that area of your face is very sensitive, it is important to consider a formula suited for sensitive skin. If you are having trouble growing your eyebrows and desire thick, full brows, consider using an eyebrow hair growth serum.
Sometimes the most popular brands contain harsh ingredients while those that are not well-known are the best growth serums. Choosing an eyebrow serum is a process of trial and error.
What to consider before buying a hair growth serum for eyebrows
Ingredients
When purchasing a hair growth serum for eyebrows, avoid parabens and sulfates. Since this item product is placed close to the eyes, it is vital the ingredients are not toxic. Toxic ingredients not only irritate the eyes but can irritate the skin as well. When these items are used in skincare, they can cause adverse effects and do the opposite of what you expect.
Parabens: Parabens can disrupt hormones in the body, harm reproductive organs, and increase cancer risk. When used abundantly, products that contain parabens can cause skin irritation around the eyebrows.
Sulfates: Sulfates can irritate your eyes, skin, mouth, and lungs. Sulfates cause the skin to dry out and can cause skin irritation around the brows. If the skin around the eyebrows is very dry, it could prevent proper growth of the eyebrow hair follicle.
Brand
When purchasing a hair growth serum for eyebrows, check the brand reviews. It is a bonus if the brand uses naturally sourced products and packages their items in sustainable containers. Naturally sourced products are free of harsh synthetic chemicals and use ingredients that are natural without harming the planet. You can find this information in the product description and the ingredients list. Just because a brand is well-known does not mean it has the best products. Do research to make sure the ingredients themselves are reliable rather than choosing a product because of its name. A good brand will live up to its successes in the reviews and results.
How much you can expect to spend on a hair growth serum for eyebrows
Hair growth serum for eyebrows costs $25-$130 depending on the size of the bottle, the ingredients, and the brand. A serum that is widely known and uses the best ingredients to stimulate eyebrow growth quickly will be priced around $70-$130.
Tips for applying a hair growth serum for eyebrows
For best results when applying hair growth serum for eyebrows, first use the brush applicator that is provided with the product and brush along your natural brow line with multiple quick strokes. The brush should tame the brows and allow you to see the places the serum needs to be applied for best results. Apply the product after washing your face before you go to bed for the best use.
Hair growth serum for eyebrows FAQ
What ingredients help your eyebrows grow and when should you expect results?
A. When purchasing a serum to help grow your eyebrows, look for castor oil, coconut oil, aloe vera, and vitamin E in the ingredients list. These are just some of the ingredients that help to naturally grow the eyebrows. It takes anywhere from eight to 12 weeks for eyelashes to grow with the help of serums and natural ingredients.
Do you need to use hair growth serum for eyebrows every day?
A. For best use, read each product’s instructions to see how often you should use the specific product. This is listed on the package or in the product description. You can use most eyebrow serums daily, but some require use every other day depending on the ingredients.
What are the best hair growth serums for eyebrows to buy?
Top hair growth serum for eyebrows under $30
Organys Lash and Brow Booster Serum
This item combats thinning eyelashes and eyebrow hair. It helps the lashes appear thicker and shiner with the use of vitamins and minerals such as keratin and peptides. It is vegan and cruelty-free and is formulated without parabens, sulfates, or harmful chemicals.
Sold by Amazon
Top hair growth serum for eyebrows under $90
Vegamour Vegabrow Volumizing Serum
This brow growth serum is naturally vegan and contains a poly phytobase complex to grow the lashes quickly. It utilizes a safe formula full of vitamins and minerals such as zinc and biotin to support healthy hair follicles.
Sold by Vegamour
GrandeBROW Brow Enhancing Serum
This award-winning brow enhancing serum is infused with a special formulation of vitamins, antioxidants, and amino acids to promote naturally full brows in six to eight weeks. This product is ideal for thinning brows and is helpful at restoring eyebrow shape. It is ophthalmologist tested, safe for use around the eyes, and is cruelty-free.
Sold by Sephora
Vegamour Gro+ Advanced Brow Serum
This brow serum is safe for everyday use and is formulated to quickly penetrate and soothe the skin. It contains microencapsulated, full-spectrum CBD with phyto-actives to support thick, full brows. It is vegan and cruelty-free and users may see results within 30 days.
Sold by Vegamour
Top hair growth serum for eyebrows under $120
Babe Lash Eyelash and Brow Enhancer Serum
This brow serum doubles as an eyelash serum and hydrates for healthier-looking results. It promotes thicker lashes with quality ingredients and is safe for everyday application. Users have noticed a dramatic increase in their eyelashes and eyebrows and the product has great reviews.
Sold by Amazon
VieBeauti Premium Eyelash Growth Serum
It has an advanced formula with botanically derived ingredients
to strengthen the lashes while helping them grow. It contains other natural growth vitamins to keep brows looking full over time, and is quite safe to any skin type. Users see results in just two to four weeks.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/br/beauty-personal-care-br/hair-products-br/best-hair-growth-serum-for-eyebrows/
| 2022-07-24T19:34:23Z
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SAN FRANCISCO, July 19, 2022 /PRNewswire/ -- Airbnb, Inc. (NASDAQ: ABNB) today announced that the company's second quarter 2022 financial results will be released after market close on Tuesday, August 2, 2022. The company's shareholder letter will be made available on the Airbnb Investor Relations website at https://investors.airbnb.com.
Airbnb will host an audio webcast to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. The link to the webcast will be made available on the Investor Relations website at https://investors.airbnb.com.
Interested parties can register for the call in advance by visiting https://conferencingportals.com/event/UxGWzHKK. After registering, instructions will be shared on how to join the call.
Following the call, a replay of the webcast will be available on the Airbnb Investor Relations website. A telephonic replay will be also available for three weeks following the call at (800) 770-2030 using conference ID: 24053.
About Airbnb
Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home. It has since grown to over 4 million Hosts who have welcomed more than 1 billion guest arrivals across over 220 countries and regions. Every day, Hosts offer unique stays and one-of-a-kind activities that make it possible for guests to experience the world in a more authentic, connected way.
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SOURCE Airbnb, Inc.
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https://www.mysuncoast.com/prnewswire/2022/07/19/airbnb-announce-second-quarter-2022-results/
| 2022-07-19T21:05:43Z
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Reported positive eplontersen ATTRv-PN data, on track to file NDA in H2:22
Tofersen NDA under priority review, PDUFA January 25, 2023
Completed enrollment in pelacarsen Lp(a) HORIZON and olezarsen BALANCE Phase 3 studies
On track to achieve 2022 financial guidance
Webcast today, August 9, 2022, at 11:30 a.m. Eastern Time
CARLSBAD, Calif., Aug. 9, 2022 /PRNewswire/ -- Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today reported financial results for the second quarter of 2022 and recent business achievements.
"Over the first half of this year, we moved significantly closer to delivering an abundance of new medicines to the market. We reported positive Phase 3 data from the NEURO-TTRansform study of eplontersen in patients with hereditary ATTR polyneuropathy and we are on track to file an NDA in the second half of this year. We were also pleased that the FDA accepted the NDA for tofersen and granted priority review, enabling tofersen to potentially be the first disease modifying treatment approved for a genetic form of ALS. These achievements mean eplontersen and tofersen could be our next marketed products as early as next year," said Brett P. Monia, Ph.D., chief executive officer of Ionis. "We also significantly advanced our late- and mid-stage pipeline. The pelacarsen Lp(a) HORIZON and olezarsen BALANCE Phase 3 studies recently completed enrollment. Additionally, we reported positive data from six mid-stage programs, positioning us to grow our rich Phase 3 pipeline to at least eight medicines across 10 indications. We are looking forward to continuing our positive momentum in the second half of this year by presenting Phase 3 eplontersen data at the International Symposium on Amyloidosis in September, filing our eplontersen NDA, and reporting data from several important programs. These upcoming catalysts, together with our recent achievements, position us well to drive increasing value for all stakeholders."
Second Quarter 2022 Summary Financial Results
On track to achieve 2022 financial guidance, based on the following second quarter results:
- $134 million in total revenues
- $195 million of operating expenses on a non-GAAP basis(1) and $220 million on a GAAP basis
- $80 million net loss on a non-GAAP basis(1) and $105 million on a GAAP basis
- $2.0 billion of cash and short-term investments
"We had a strong first half with year-over-year revenue growth of more than 15 percent. We continued to generate revenue from multiple diverse sources, with just over half from our marketed products and the balance from our numerous advancing partnered medicines. Additionally, our financial results reflect our accelerating investments in our rich late-stage pipeline and in our commercial readiness activities for eplontersen, olezarsen and donidalorsen," said Elizabeth L. Hougen, chief financial officer of Ionis. "With $2 billion of cash and investments, we have the financial resources to achieve our goal of bringing transformational medicines to the market. These results for the first half of the year keep us on track to meet our 2022 financial guidance."
Recent Marketed Products Highlights
SPINRAZA®: the global market leader for the treatment of spinal muscular atrophy (SMA) patients of all ages
- $431 million in worldwide SPINRAZA sales in the second quarter
- Biogen reported new results from the RESPOND study of SPINRAZA, stating the results indicate there are residual unmet clinical needs in infants and toddlers with SMA who were previously treated with gene therapy
- Biogen reported final data from Part A of the ongoing, three-part DEVOTE study demonstrating that a higher dosing regimen of SPINRAZA leads to higher levels of the drug in the cerebrospinal fluid and is generally well-tolerated
TEGSEDI® and WAYLIVRA®: important medicines approved for the treatment of patients with polyneuropathy caused by hereditary TTR amyloidosis (ATTRv-PN) and familial chylomicronemia syndrome (FCS), respectively
- Continued to expand into new markets in Europe and Latin America through Swedish Orphan Biovitrum AB (Sobi) and PTC Therapeutics, respectively
Second Quarter 2022 and Recent Events
Advancing Ionis' next two potential marketed products
- Reported eplontersen met the co-primary and key secondary endpoints in the interim analysis of the Phase 3 NEURO-TTRansform study in patients with ATTRv-PN; on track to file the New Drug Application (NDA) with the U.S. Food and Drug Administration (FDA) in the second half of this year
- Biogen reported longer-term data from the Phase 3 VALOR study and ongoing open-label extension study of tofersen showing clinical benefit in patients with SOD1-ALS at the European Network to Cure ALS (ENCALS) meeting
- Biogen reported that an NDA for tofersen was accepted and granted priority review by the FDA with a Prescription Drug User Fee Act (PDUFA) action date of January 25, 2023
Advancing Ionis' late-stage pipeline
- Novartis achieved full enrollment in the Phase 3 Lp(a) HORIZON cardiovascular outcomes study of pelacarsen in patients with established cardiovascular disease and elevated Lp(a) with data expected in 2025
- Achieved full enrollment in the Phase 3 BALANCE study of olezarsen in patients with FCS with data expected in 2023
Advancing Ionis' mid-stage pipeline
- GSK presented positive data from the Phase 2b B-Clear study of bepirovirsen in patients with chronic hepatitis B at the European Association for the Study of the Liver's (EASL) International Liver Congress™. Based on these results, GSK plans to advance bepirovirsen into a Phase 3 monotherapy study in the first half of 2023
- Roche reported positive data from the Phase 2 study of IONIS-FB-LRx in patients with immunoglobulin A nephropathy (IgAN). Based on these results, Roche licensed and plans to advance IONIS-FB-LRx into a Phase 3 study
- Bayer reported fesomersen met the primary endpoint in the Phase 2b RE-THINc ESRD study in patients with end-stage renal disease. Fesomersen also demonstrated substantial and statistically significant reductions in Factor XI activity levels
- Achieved full enrollment in the Phase 2b study of IONIS-AGT-LRx in patients with treatment-resistant hypertension, with data expected in the second half of 2022
- Initiated a Phase 2 study of ION904, a follow-on medicine to IONIS-AGT-LRx in patients with treatment-resistant hypertension
- Granted orphan drug designation and rare pediatric disease designation by the FDA for ION582 for the treatment of patients with Angelman syndrome
2022 Pipeline Milestones(2)
Second Quarter 2022 Financial Results
Revenue
Ionis' revenue was comprised of the following (amounts in millions):
The Company's revenue in the first half of 2022 increased more than 15 percent compared to the same period last year. The increase was driven by significant partner payments Ionis earned across multiple partnered programs, including $37 million from AstraZeneca for its share of the global Phase 3 development costs for eplontersen. Refer to the detailed table of costs and reimbursements for the eplontersen collaboration provided later in this release. The Company also earned $57 million from Biogen for advancing several neurology disease programs and $22 million from Roche for advancing IONIS-FB-LRx. Already in the third quarter of 2022, the Company has earned nearly $45 million from Roche and Biogen.
The Company's commercial revenue in the first half of 2022 decreased 12 percent compared to the same period last year. SPINRAZA royalties decreased primarily due to competition outside of the U.S. In the U.S., SPINRAZA sales stabilized in the first half of 2022 compared to the same period last year, increasing two percent. TEGSEDI and WAYLIVRA revenue decreased due to the shift from product sales to distribution fees based on net sales generated by Sobi. The Company successfully completed the transition of its TEGSEDI and WAYLIVRA operations in the EU and North America to Sobi in the first and second quarters of 2021, respectively. As part of the transition, Ionis restructured its commercial operations in 2021 resulting in substantial cost savings. These decreases were partially offset by increasing licensing and royalty revenue.
Operating Expenses
Ionis is advancing a large late-stage pipeline and as a result, its non-GAAP operating expenses increased in the first half of 2022 compared to the same period in 2021. Higher R&D expenses were driven by the expanded number of Phase 3 studies the Company is conducting, which doubled from three to six studies in 2021. Lower SG&A expenses were largely due to the substantial savings Ionis achieved from integrating Akcea and restructuring its commercial operations in 2021. Ionis is redeploying these savings to advance its pipeline and go-to-market activities for eplontersen, donidalorsen and olezarsen.
Net Loss
Ionis' non-GAAP net loss in the first half of 2022 increased compared to the same period in 2021, primarily related to higher R&D expenses, partially offset by higher revenue and lower SG&A expenses, as discussed above.
Balance Sheet
As of June 30, 2022, Ionis had cash, cash equivalents and short-term investments of $2.0 billion, compared with $2.1 billion at December 31, 2021. Ionis' debt obligations and working capital did not change significantly from December 31, 2021 to June 30, 2022.
Webcast
Ionis will conduct a webcast today at 11:30 a.m. Eastern time to discuss this announcement and related activities. Interested parties may access the webcast here. A webcast replay will be available for a limited time at the same address.
About Ionis Pharmaceuticals, Inc.
For more than 30 years, Ionis has been the leader in RNA-targeted therapy, pioneering new markets and changing the standards of care with its novel antisense technology. Ionis currently has three marketed medicines and a premier late-stage pipeline highlighted by industry leading cardiovascular and neurological franchises. Our scientific innovation began and continues with the knowledge that sick people depend on us, which fuels our vision of becoming a leading, fully integrated biotechnology company.
To learn more about Ionis visit www.ionispharma.com or follow us on Twitter @ionispharma.
Ionis' Forward-looking Statement
This press release includes forward-looking statements regarding Ionis' business, financial guidance and the therapeutic and commercial potential of SPINRAZA (nusinersen), TEGSEDI (inotersen), WAYLIVRA (volanesorsen), eplontersen, olezarsen, donidalorsen, ION363, pelacarsen, tofersen, Ionis' technologies and Ionis' other products in development. Any statement describing Ionis' goals, expectations, financial or other projections, intentions or beliefs is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties, including those related to the impact COVID-19 could have on our business, and including those inherent in the process of discovering, developing and commercializing medicines that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such medicines. Ionis' forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although Ionis' forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Ionis. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Ionis' programs are described in additional detail in Ionis' annual report on Form 10-K for the year ended December 31, 2021, and most recent Form 10-Q, which are on file with the Securities and Exchange Commission. Copies of these and other documents are available from the Company.
In this press release, unless the context requires otherwise, "Ionis," "Company," "we," "our" and "us" all refer to Ionis Pharmaceuticals and its subsidiaries.
Ionis Pharmaceuticals® is a registered trademark of Ionis Pharmaceuticals, Inc. Akcea Therapeutics® is a registered trademark of Akcea Therapeutics, Inc. TEGSEDI® is a registered trademark of Akcea Therapeutics, Inc. WAYLIVRA® is a registered trademark of Akcea Therapeutics, Inc. SPINRAZA® is a registered trademark of Biogen.
Reconciliation of GAAP to Non-GAAP Basis
As illustrated in the Selected Financial Information in this press release, non-GAAP operating expenses, non-GAAP loss from operations, and non-GAAP net loss were adjusted from GAAP to exclude compensation expense related to equity awards and costs related to the Akcea merger and restructured commercial operations and the related tax effects. Compensation expense related to equity awards are non-cash. Costs related to the Akcea merger and restructured commercial operations included: severance costs, retention costs and other costs related to commercial operations. Ionis has regularly reported non-GAAP measures for operating results as non-GAAP results. These measures are provided as supplementary information and are not a substitute for financial measures calculated in accordance with GAAP. Ionis reports these non-GAAP results to better enable financial statement users to assess and compare its historical performance and project its future operating results and cash flows. Further, the presentation of Ionis' non-GAAP results is consistent with how Ionis' management internally evaluates the performance of its operations.
Ionis' financial results for the first half of 2022 reflected the cost-sharing provisions related to its collaboration with AstraZeneca to develop and commercialize eplontersen for the treatment of ATTR. Under the terms of the collaboration agreement, AstraZeneca is paying 55 percent of the costs associated with the ongoing global Phase 3 development program. Because Ionis is leading and conducting the Phase 3 development program, Ionis is recognizing the 55 percent of cost-share funding AstraZeneca is responsible for, net of Ionis' share of AstraZeneca's development expenses, as R&D revenue in the same period Ionis incurs the related development expenses. In the first half of 2022, Ionis earned $37 million in joint development revenue under this collaboration.
Because AstraZeneca is responsible for the majority of the medical affairs and commercial costs in the U.S. and all costs associated with bringing eplontersen to market outside the U.S., Ionis is recognizing cost-share funding it receives from AstraZeneca related to these activities as a reduction of its medical affairs (R&D expenses) and commercialization expenses (SG&A expenses). In the first half of 2022, Ionis recognized $0.8 million and $0.7 million of medical affairs expenses and commercialization expenses for eplontersen, respectively, net of cost-share funding from AstraZeneca. Ionis expects its medical affairs and commercialization expenses to increase as this collaboration progresses.
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| 2022-08-09T11:28:54Z
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Jill Biden tests positive for COVID-19
(Gray News) - First lady Jill Biden has tested positive for COVID-19, her communications director said Tuesday.
The result of a PCR test came back positive after she started experiencing cold-like symptoms late Monday evening. Biden is fully vaccinated, has received two boosters and only has mild symptoms, spokesperson Elizabeth Alexander said in a statement.
She noted the first lady tested negative Monday as part of her regular testing and on a rapid antigen test Tuesday before the PCR result came back positive.
“She has been prescribed a course of Paxlovid and, following CDC guidance, will isolate from others for at least five days,” Alexander said in the statement. “Close contacts of the first lady have been notified.”
Biden is staying at a private residence in South Carolina, where she and the president had gone this week for vacation. She plans to return home only after she receives two consecutive negative tests for the virus.
President Joe Biden tested negative for the virus on Tuesday morning, the White House said, but would be wearing a mask indoors for 10 days in line with Centers for Disease Control and Prevention guidance. He recovered from a rebound case of the virus on Aug. 7.
Copyright 2022 Gray Media Group, Inc. The Associated Press contributed to the report. All rights reserved.
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https://www.mysuncoast.com/2022/08/16/jill-biden-tests-positive-covid-19/
| 2022-08-16T14:07:35Z
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Awardees on this year's list were recognized for finding groundbreaking solutions to the most critical issues in healthcare.
ANNAPOLIS, Md., Aug. 5, 2022 /PRNewswire/ -- RXNT, a fast-growing absolutory medical software company, today announced that it has been recognized as one of the Top 100 Healthcare Technology Companies of 2022 by the Healthcare Technology Report. The exclusive report represents organizations in the healthtech space around the globe that are changing the face of the industry and finding "innovative solutions to the most pressing issues in healthcare."
Awardees on this year's list—including Novartis, Stryker, Edwards Lifesciences, Hologic, Access Healthcare, Integra, and many more—are recognized for their impact on the healthcare technology space and the broader healthcare industry across the United States, whether through direct treatment or by providing advanced, game-changing products and services to treatment providers.
"We're honored to be included among the top organizations in healthcare," said Randy Boldyga, Chief Executive Officer, President, & Founder of RXNT. "For over twenty years, we've been committed to improving patient health, and with the introduction of our newest solution, MyRXNT, patients can now stay better connected to their health from anywhere."
This award comes just months after two members of RXNT's senior leadership team were recognized by the Healthcare Technology Report for their leadership and innovation, as well as their contributions to the healthcare technology industry. Boldyga, CEO, and Jessica Wagner, COO, were named a Top 50 Healthcare Technology CEO and a Top 25 Woman Leader in Healthcare Software, respectively.
Since 1999, RXNT has offered integrated, customizable, cloud-based medical office management tools, including E-Prescribing, Electronic Health Records and Patient Portals, and Practice Management, Medical Billing and Scheduling, plus mobile applications and telehealth functionality for the modern, agile practice. Thousands of physicians, providers, billers, and organizations of all sizes and specialties trust RXNT to focus on what they do best—delivering top-notch patient care, and enabling both efficiency and profitability for their business. Using RXNT's software, more than 10 million prescriptions are transmitted and $300 million in claims are processed per year. To learn more, visit www.rxnt.com.
CONTACT
Andrew Speight
Chief Marketing Officer
marketing@rxnt.com
+1 (443) 637-1884
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| 2022-08-05T19:05:14Z
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DARLINGTON, S.C. (AP) — Erik Jones gave the No. 43 car a landmark 200th victory — along with maybe a few regrets to his old employers at Joe Gibbs Racing.
Jones moved in front when JGR star Kyle Busch blew an engine, then outraced another former Gibbs colleague in Denny Hamlin over the final 31 laps to win the Southern 500 on Sunday night. It’s the first time a non-playoff driver won the opener of the 10-race postseason.
Jones won this event in 2019 for the Gibbs organization, where he raced Cup cars from 2017-20. He came out on top once more, this time for Petty GMS Motorsports owned in part by Richard Petty.
“I never lost any belief in myself through any of it,” Jones said. “I knew I could still do it and I knew we needed to grow the program to do it. And we have.”
The celebration continued for the Petty organization, which had not won since Aric Almirola’s Daytona 500 victory in 2014.
“I know my dad,” Kyle Petty said. “What time is it, 11 (p.m.)? He just opened a bottle of red wine.”
The King went to Twitter shortly after Jones took the checkered flag, “Congratulations to @Erik_Jones and the entire #43 team!!!!”
Jones just wanted the Hall of Famer to keep his promise.
“He said I’d get a hat if I win,” Jones said, laughing.
Hamlin, seeded sixth in the playoffs, closed in on Jones’ back bumper on the final lap, but couldn’t make the winning pass.
“Erik just did a really great job,” Hamlin said. “Great day for Erik, a great day for our team.”
The third of Jones’ old JGR teammates, Martin Truex Jr. held a substantial lead over Busch when his No. 19 had power steering problems and went off to the garage.
Jones remained in control and in one piece while many of the favored playoff participants couldn’t do the same.
Along with the blow up of Busch, the 11th playoff seed, No. 9 seed Kevin Harvick saw his car catch fire in a scary seen. Harvick scrambled away from his stopped car to safety.
Top-seeded Chase Elliott was gone during the first stage, sliding into the wall, hitting Chase Briscoe as he tore up his suspension and was out of the race.
Kyle Larson, the defending series champion seeded fourth, was three laps down in the opening stage after engine problems. Larson finished 12th.
Hamlin was second followed by three more playoff chasers in Tyler Reddick, Joey Logano and Christopher Bell. Michael McDowell was sixth, then Brad Keselowski, William Byron, Bubba Wallace
Busch led 155 of 367 laps, the most of anyone. He ended in 30th.
“It’s unfortunate circumstances,” Busch said. “We just had a great car and didn’t come out with anything to show for it. That’s what I hate about it.”
Logano moved into the points lead with William Byron second, Hamlin third and Christopher Bell, Jones’ replacement at JGR, in fourth. The four drivers below the 12-team cutoff line for the second round were Austin Cindric in 13th, followed by Austin Dillon, Chase Briscoe and Harvick in 16h.
CHASING PROBLEMS: Chase Elliott was out of the Southern 500 before it got to halfway. Elliott slid in turn one, then collected playoff participant Chase Briscoe. Elliott’s suspension was damaged. His crew could not fix it in the pits and took it to the garage.
Elliott finished 36th, last in the field. His plans going forward: “Run better than we did today.”
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FIRE DRILL: The scariest incident came in the final stage when Harvick caught fire on lap 276 as he came down the front stretch. Harvick quickly pulled the car on the grass and jumped out of the car, running to safety.
Moments later during the caution brought out by Harvick, J.J. Yeley’s car headed into the pits on fire. That blaze, too, was extinguished.
Harvick said it’s another safety problem with the Next Gen car NASCAr must fix.
“What a disaster, man,” Harvick said. “No reason … here we are in the pits with a burned up car and we can’t finish the race during the playoff” because of unreliable parts.
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QB1: Coastal Carolina quarterback Grayson McCall at the track “Too Tough To Tame,” as NASCAR’s first college athlete to receive a name, image and likeness deal with Darlington Raceway. McCall did some promotional work for the track and even had his face on the side of Ryan Vargas’ No. 6 car in the Xfinity Series race here.
McCall was the NCAA record-setter in passing efficiency at 207.6 last season. He threw three TD passes and ran for a fourth as the Chants opened the season with a 38-28 victory over Army on Saturday night.
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UP NEXT
Round one of the playoffs continues at Kansas next Sunday. Kurt Busch, currently recovering from a concussion in a crash at Pocono, won the race there in May. He gave up his playoff spot because he has not been medically cleared to return to the track.
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More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports
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| 2022-09-06T02:01:40Z
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ESTERO, Fla., June 15, 2022 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company") today announced that its Board of Directors approved a new $2.0 billion share repurchase program. The new authorization is in addition to the $2.0 billion share repurchase program announced in November 2021. With approximately $0.2 billion remaining under the previous authorization, pursuant to which the Company has repurchased approximately 88 million shares as of June 14, 2022, the Company now has $2.2 billion available under the programs.
"The increased authorization underscores the confidence that management and the board have in the direction of the Company," said Stephen Scherr, Hertz chief executive officer. "We remain committed to our capital allocation strategy that utilizes organic cash flows and appropriate leverage to invest in technology, modernize our fleet, and return capital to shareholders."
Repurchases will be made at management's discretion and may be executed through a variety of methods, such as open-market transactions (including pre-set trading plans), privately negotiated transactions, accelerated share repurchases, and other transactions in accordance with applicable securities laws. The program has no time limit. The share repurchase authorization does not obligate the Company to acquire any particular amount of common stock and can be discontinued at any time. There can be no assurance as to the timing or number of shares of any repurchases.
The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The Hertz Corporation is one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized globally. Additionally, The Hertz Corporation operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales.
Certain statements contained in this release include "forward-looking statements" within the meaning of applicable securities laws and regulations. These statements often include words such as "believe," "expect," "project," "potential," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar expressions. These statements are based on the Company's current views with respect to future events. These forward-looking statements are subject to a number of risks and uncertainties including prevailing market conditions, as well as other factors. Forward-looking statements represent the Company's estimates and assumptions only as of the date that they were made, and, except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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| 2022-06-15T12:18:11Z
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Nation's top industry, nonprofit and education leaders call for state leaders to encourage the teaching of computer science in school; CEOs commit to creating new employment opportunities across the U.S.
SEATTLE, July 12, 2022 /PRNewswire/ -- In partnership with national nonprofit organization Code.org, over 500 of the nation's top industry, nonprofit, and education leaders today issued a bipartisan letter calling on state governments and education leaders to "update the K-12 curriculum in each state, for every student in every school to have the opportunity to learn computer science."
The coalition behind this effort is unprecedented in U.S. education, uniting the leaders and founders of large tech companies such as Apple, Microsoft, Alphabet, and Amazon, together with CEOs of companies across sectors, including American Express, Nike, Starbucks, Delta Airlines, AT&T, UPS, Walgreens, and Hasbro, as well as national education organizations such as Khan Academy, the American Federation of Teachers and the National Education Association.
"Every industry is impacted by digital technology, yet not every student has the opportunity to learn how technology works," said Code.org CEO Hadi Partovi. "Today, computer science should be a core subject, just like basic biology or algebra. The United States has seen tremendous momentum behind this idea, and today's announcement makes it clear that the time for action is now. We must ensure that standards and the curricula used across the country prioritize computer science so that all students, particularly from underrepresented backgrounds, have the opportunity to participate in our digital economy."
Today's announcement coincides with the culmination of the National Governors Association Chairman's Initiative for K-12 computer science, led by Arkansas Gov. Asa Hutchinson and supported by a coalition of bipartisan governors. Over the last decade, all 50 states have taken action to expand access to computer science, including allowing computer science to count toward core graduation requirements, funding professional learning to train more teachers, and creating clear certification pathways for computer science teachers. Yet today, the United States has over 700,000 open computing jobs, but only 80,000 computer science graduates a year, and only 5% of high school students study computer science.
"The rapid adoption of technology across our economy means more careers will require an understanding of computer science, and our schools must prepare the next generation for this future. There is a profound urgency to ensure all students, especially Black and Latino students who have been historically underrepresented in upwardly mobile careers, can develop the knowledge and skills critical to succeed," said Robert F. Smith, founder, chairman, and CEO of leading global technology investor Vista Equity Partners who signs alongside 27 of his portfolio company CEOs. "On behalf of myself, Vista and the 27 CEOs within the Vista portfolio who have signed on, we are proud to join Code.org and its coalition of industry leaders and philanthropists not just in calling on states to take action, but in lending our support to drive change."
"Every student should learn computer science in the classroom," said Susan Wojcicki, CEO of YouTube. "When I was young, I didn't see myself as someone who could work in tech, but I took a computer science class in college, and it changed the course of my career. I believe all students should have the opportunity to explore how computer science could impact their lives."
The call to action issued today urges states to expand access by encouraging updates to academic standards and curricula that incorporate computer science as a foundation to prepare all students–regardless of whether they plan to pursue a career in technology–to thrive in today's evolving workforce. In turn, those who signed on to the letter have committed to creating employment opportunities for computer science students in every American city and in every sector.
"I am excited to see many of our nation's business and nonprofit leaders recognize that it is critical for all students, especially young women and students of color, to develop computer science skills that prepare them for successful futures," said Alberto M. Carvalho, Los Angeles Unified Superintendent. "Los Angeles Unified will build on its longstanding commitment to computer science, and I call on other superintendents to ensure the curricula in our schools give all students the opportunity to build foundational computer science skills."
"Foundational K-12 computer science education is critical—although every student may not be bound for a tech career, every student will enter the digital economy, and every part of an organization requires digital skills," said Julie Sweet, chair and CEO of Accenture. "Business, government and education must come together to design a comprehensive, relevant computer science curriculum that gives our country's students more equal opportunities, prepares them for the jobs of the future, and helps companies across industries continue to meet their rapidly changing talent needs."
Code.org is a nonprofit dedicated to expanding access to computer science in schools and increasing participation by young women and students from other underrepresented groups. Our vision is that every student in every school has the opportunity to learn computer science as part of their core K-12 education. The leading provider of K-12 computer science curriculum in the largest school districts in the United States, Code.org also created the annual Hour of Code campaign, which has engaged more than 15% of all students in the world.
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| 2022-07-12T11:27:20Z
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Purissima is the First Biotechnology Company to Achieve Commercial Scale Production Of Minor Cannabinoids Using Algae Fermentation
SAN FRANCISCO, July 19, 2022 /PRNewswire/ -- Purissima, a leading, next-generation, biotechnology health and wellness company, announced today an exclusive, multi-year processing and distribution partnership with Open Book Extracts (OBX), a total solution provider for high quality cannabinoid ingredients, concept-to-market formulation services, and finished goods manufacturing for the industry's leading brands. This collaboration also marks Purissima as the first company to achieve commercial scale production of minor cannabinoids using Purissima's proprietary algae-based fermentation platform. Kicking off production in July 2022, the compounds are proposed to be available to manufacturers and sold to consumer brands before fall 2022.
"This exclusive partnership validates Purissima's capability to lead the industry forward in unprecedented research, fermentation scalability, and heightened minor cannabinoid access by consumers," said Robert Evans, Purissima Co-Founder and Chief Business and Strategy Officer. "The partnership with Open Book Extracts will allow our sustainably produced, safe and therapeutic compounds to create a new landscape of cannabinoid-infused products for companies and consumers alike."
Purissima and OBX are both leading players in their respective fields, and this partnership is mutually beneficial for the two industry frontrunners to forge a new path in sustainability and cannabinoid production. Rooted in groundbreaking science and high-quality, safe products, Purissima's technology platform offers OBX the opportunity to manufacture and deliver first of their kind natural ingredients and products to their customers.
George Rudenko, Purissima Co-Founder, Chief Executive and Chief Technology Officer added, "Purissima's multi-patented technology has proven that bioengineering plant-based ingredients and medicinal compounds, such as in the case of minor cannabinoids, is indeed a reality and will provide unparalleled development and amplification of rare and hard to find compounds. Through the commercialization of our first compounds, Open Book Extracts and Purissima can jointly redefine how cannabinoids are sustainably sourced and their diverse health and wellness applications are realized at commercial scale."
"Open Book Extracts thrives on aligning with companies that propel the cannabinoid industry through technological innovation and science-backed efficacy," said Dave Neundorfer, Chief Executive Officer of OBX. "We look forward to working with Purissima to introduce this technology to the market."
This partnership is the first step to bring Purissima's library of 70+ compounds to commercial scale and market. Minor cannabinoids are highly sought after compounds that have garnered significant consumer interest based on their strong antibacterial, antimicrobial, and anti-inflammatory properties. Some studies even indicate that minor cannabinoids have stronger anti-inflammatory properties than CBD. For more information on this partnership and to stay up to date on Purissima corporate news, please visit www.purissima.bio.
Purissima, Inc. is revolutionizing the way companies source and use plant-based ingredients, through the development and production of commercially viable, microalgae biotechnology. Purissima's mission is to provide the world access to high-quality, pure, safe, and sustainable ingredients for products that improve the quality of life for millions. Purissima has sustainably and effectively biosynthesized 70+ natural ingredients, including those rare or hard to access, at a fraction of the cost and without adverse environmental, varietal or supply chain impact. The brand's patented and proprietary biotechnology advances critical plant-derived health + wellness solutions while preserving Earth's biodiversity and natural resources.
Headquartered in Roxboro, N.C., Open Book Extracts is an NSF cGMP-certified manufacturer of premium cannabinoid products, aiming to be the industry's true north by delivering premium products, exceptional service, and industry-leading transparency. With control of the entire supply chain, a state-of-the-art extraction and manufacturing campus near North Carolina's Research Triangle, proprietary refinement and conversion methods backed by a growing IP portfolio, and a team of PhD chemists and seasoned business leaders, OBX is the trusted partner for global brands seeking to enter the marketplace. OBX offers concept-to-market formulation and manufacturing services, leveraging a broad portfolio of cannabinoid ingredients, leading water soluble technology and unique delivery mechanisms to help its clients bring to market a wide range of finished goods, from core softgels, capsules, and gummies, to orally dissolving tablets, tongue strips, and aerosol sprays.
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https://www.mysuncoast.com/prnewswire/2022/07/19/purissima-announces-multi-year-processing-distribution-partnership-with-open-book-extracts/
| 2022-07-19T13:38:30Z
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LONG BEACH, Calif. (AP) — Jimmie Johnson pulled one glove over the carbon fiber splint built specifically for his broken right hand. A piece of tape around two fingers outside of the glove was to prevent him from using his pinky — the digit closest to the fracture — as he drove his car around the downtown streets of Long Beach.
But what was supposed to be a Saturday morning test to determine Johnson’s fitness a day after he was injured ended in another crash, another trip to the medical center and another set of X-rays.
“I had no pain on track, I felt great, just trying to go too fast into Turn 1 and locked the tires and got wide,” Johnson said outside the medical center. “I’m more disappointed in myself making the mistake and tearing up the car again. But from an injury standpoint, I feel really good.”
Johnson said he’s good to go for Sunday at Long Beach, the IndyCar stop considered his home race. He grew up two hours away in El Cajon, so Long Beach was an annual childhood family trip, and Johnson rented a suite for 40 friends to watch him make his second career IndyCar start at Long Beach.
It’s been a whirlwind weekend, though, for Johnson. He arrived in Long Beach coming off an IndyCar career-best sixth-place finish in his oval debut at Texas Motor Speedway — a performance that suddenly vaulted the seven-time NASCAR champion into the Indianapolis 500 contender conversation.
Johnson himself was among those hyped for his Indy 500 debut in Friday morning comments; hours later, he crashed into a tire barrier and broke his hand. The injury was apparent immediately as Johnson’s in-car camera showed him shaking his right hand.
It had appeared that Johnson did not remove his hands from the steering wheel, a common practice in open wheel racing to protect the driver from the force of the impact. NASCAR drivers do not typically remove their hands from the steering wheel in a crash.
But Johnson clarified Saturday he did remove his hands from the steering wheel but did not pull them back far enough to avoid injury.
“I let go, I didn’t get them far enough out of the way,” Johnson said. “But I let go and then with the impact, I guess my hands moved into the pathway of the wheel spinning and the bottom of the wheel caught it.”
The X-rays taken Friday showed the break, and his Chip Ganassi Racing team was tasked with building a splint IndyCar would approve for use in the car. The small black piece was wrapped in tape alongside the ridge of his right hand and had to be approved by IndyCar safety pioneer Dr. Terry Trammell.
It made for several tense hours as CGR and Johnson frantically worked to get him back in the car by Saturday morning. Ganassi sports car driver Sebastien Bourdais, a four-time IndyCar champion, would likely be Johnson’s replacement if he can’t race Sunday.
“We went through all the right steps and then on-track, it just faded away in my mind and I was just driving laps,” said Johnson, who arrived at the track at 6 a.m. Saturday to acclimate to the splint.
“Dr. Trammell is amazing. He knew exactly what to build, how to build it and where it needed to be positioned. Turns out, the man knows what he’s doing.”
The X-ray on Saturday showed that the break had aligned overnight, and aside from some repairs to his No. 48 and Johnson forgiving himself for his second crash, he was ready to get back in the car.
“I’m just upset with myself. I know where I need to get better in these cars and how to attack, and that’s in the braking zones and releasing the brakes,” he said. “I had a personal best lap the lap before and I was in that rhythm of releasing the brake and allowing the car to roll quicker at the apex.
“And when I did, I lost the back and had to catch it and ran into the tires. I hate making mistakes, and I’ve made two now (at Long Beach).
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/johnson-prepared-to-race-at-long-beach-with-broken-hand/
| 2022-04-09T19:09:02Z
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With an Increase in RPA, Robocorp's New Automation Tool Allows Developer Teams to Easily Create Bots that are Better, Stronger, and Easier to Manage
SAN FRANCISCO, July 19, 2022 /PRNewswire/ -- Today, Robocorp, the top provider of Gen2 robotic process automation (RPA), is pleased to announce the public beta release of Automation Studio - the first code native, low-code RPA development solution that offers the fastest and easiest way for developers and business users to automate enterprise processes together using the world's most flexible and powerful RPA platform.
Currently, we're seeing the companies utilizing RPA struggle with how to scale the development of new automations. Even in the best scenarios, developers are tied down to maintaining existing automations instead of creating new ones. Further, finding people skilled in proprietary tools for creating new automations is difficult and expensive.
Some companies have implemented lackluster proprietary solutions, such as citizen developer strategies or more advanced automation solutions, to get robots on every desktop. Citizen developer strategy tools are created for business users and, while simple, come with expensive licensing and offer limited ability to solve complex enterprise processing challenges. On the other hand, automation solutions built for experienced developers offer more power and flexibility but are often difficult to master, especially for those who are not used to reading and writing code.
Dedicated to providing accessible automations for everyone, Robocorp has created Automation Studio. Powered by Robot Framework, Automation Studio allows users to create flexible and powerful enterprise bots all within a single, collaborative environment. Robocorp's Gen2 RPA solution complements and works with clients' existing RPA and business technologies and offers benefits beyond traditional Gen1 providers, including:
- Virtually eliminates broken bots and the need to fix them.
- Provides limitless automation opportunities across any technology stack.
- Creates scalable, portable, and reusable bots without vendor lock-in.
- Requires no licensing fees and has no long-term commitments.
The Code Editor delivers granular RPA features and controls for professional developers, reducing development time and effort. Programmers can build, customize, and reuse centralized keywords and run bots in one place without needing to switch environments. Of course, if a professional developer prefers to use a different code editor, then no problem. The code generated in Automation Studio is portable so that they can pull it into the editor of their choice.
"At Robocorp, we believe in 'minutes to learn, a lifetime to master'," says Antti Karjalainen, the CEO of Robocorp. "With Robocorp Automation Studio, we are not only enabling aspiring developers of all levels to start their journey to becoming software robot developers but also making it easier for existing developers to upgrade their skills and their bots."
"Automation Studio opens the door for those who prefer a visual approach to automation, while keeping it open for those who prefer a more programmatic approach through multiple methods of building", said Cory Shreffler, Managing Director at Babybots. "I am truly fond of it, and think Robocorp is one of the few companies taking the right approach to automation."
Utilizing Automation Studio, everyone from junior engineers, analysts and RPA developers are able to create new automations in minutes, learn software development best practices and skills, and transition to more advanced automation tools all at their own pace. Automation Studio is ushering in a new era of accessibility, efficiency and collaboration to RPA and automation.
To get started with Robocorp's Automation Studio for free, visit www.robocorp.com/automation-studio/
Robocorp empowers businesses and teams to work smarter by shattering previous RPA and intelligent automation boundaries. The company makes it easy, affordable, and fast to build software robots and automate manual tasks with first-class, open-source process automation tools. It also provides a robust, secure orchestration and execution platform to allow customers to run both cloud-based and self-managed robotic automations with consumption-based pricing. Robocorp is backed by Benchmark, Canvas Ventures, Slow Ventures, FirstMinute Capital, Harpoon Ventures, Uncorrelated Ventures, Artisanal Ventures, Haystack, and angels. Robocorp is headquartered in San Francisco, with our primary offices being online. Learn more at https://robocorp.com/.
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https://www.kxii.com/prnewswire/2022/07/19/robocorp-launches-automation-studio-seamlessly-uplevel-teams-bots/
| 2022-07-19T13:46:28Z
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House fire on SW Tyler under investigation
Published: Jun. 13, 2022 at 10:18 AM CDT|Updated: 26 minutes ago
TOPEKA, Kan. (WIBW) - Topeka Fire investigators are investigating what caused a house on SW Tyler St. to go up in flames Monday morning.
Crews were called to a home in the 1400 block of SW Tyler around 9:30 a.m.
Topeka Fire officials believe nobody lives inside the home.
This is a developing story.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/06/13/house-fire-sw-tyler-under-investigation/
| 2022-06-13T15:45:56Z
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Closed Loop Partners' Leadership Fund Continues to Buy and Build Circular Economy Businesses that Mitigate Waste and Strengthen Circular Supply Chains
NEW YORK, June 6, 2022 /PRNewswire/ -- Closed Loop Partners announced Monday the successful final close of its Closed Loop Leadership Fund, managing in excess of $200 million of total assets. KIRKBI, funds and accounts managed by BlackRock, and Realdania's mission-driven investment arm join existing investors including Nuveen, a TIAA company; Nestlé; Microsoft; PepsiCo; Unilever; SK Geo Centric Co., Ltd.; donor advised funds and a series of global family offices in Closed Loop Partners' buyout investment strategy focused on building circular economy platforms across sectors.
Led by a team with decades of operating experience and investment expertise, the Fund's strategy centers on scaling business models that advance circular supply chains to keep packaging, organics, electronics and apparel out of landfills and within a circular system. The Closed Loop Leadership Fund's first investment was acquiring Balcones Resources, a top-tier, family-owned recycling business based in Austin, TX. In January 2022, the Leadership Fund led a consortium of investors to acquire the majority stake of Sims Municipal Recycling (SMR), which manages New York City's municipal recycling contract, the largest in North America. Combined, the Closed Loop Leadership Fund portfolio helps keep over 920k tons of recycled materials in play per year.
"Transitioning to a circular economy represents a capital shift of $4.5 trillion by 2030, according to research. There are strong tailwinds of consumer demand, cost-savings and resiliency driving the shift away from a linear economy," says Lynn Baranski, Global Head of Investments, BlackRock Private Equity Partners. "Closed Loop Partners has the expertise, thought leadership and differentiated execution ability to help capture the opportunity of this shift and drive positive economic, social and environmental outcomes through its investments."
"Increased circularity is critical to advance more sustainable production systems and more efficient use of natural resources," said Damir Hamzic, Head of Circular Plastics Investments at KIRKBI A/S. "Our investment in Closed Loop Partners' Leadership Fund aims to accelerate circular solutions and ultimately contribute to global sustainable development."
"Realdania's mission-related investment in the Closed Loop Leadership Fund supports the development of the circular economy, that holds great potential for the environment and sustainability," said Kenneth Lillelund Winther, Executive Director & CIO of Realdania. "Investing in the circular economy supports the sustainable management and use of natural resources and reduces waste through recycling and reuse."
The Leadership Fund is the largest fund to date for Closed Loop Partners, a pioneer in circular economy-focused investing. Over the past eight years, Closed Loop Partners deployed capital across multiple asset classes to help accelerate the transition to a circular economy, while driving returns for investors. The Closed Loop Partners platform now manages over $475 million and has made over 60 investments since its inception.
"Since its launch in 2019, the Closed Loop Leadership Fund, our buyout strategy at Closed Loop Partners, has made significant strides acquiring and building businesses at the forefront of developing circular supply chains at scale," says Ron Gonen, Founder & CEO of Closed Loop Partners. "This final close of the Fund, which includes a number of leading investors, is a milestone for the development of the circular economy."
To date, Closed Loop Partners' investments have kept 3.6 million tons of materials in circulation and avoided 6.8 million tonnes of greenhouse gas emissions. The company's vision and track record of successfully deploying capital toward circular solutions has enabled the shift away from inefficient, linear, extractive supply chains and toward more efficient, waste-free circular systems. The Leadership Fund is strategically positioned within the broader Closed Loop Partners ecosystem that is comprised of venture capital, growth equity, private equity, catalytic capital and an innovation center focused on building the circular economy.
"As an early investor in the Closed Loop Leadership Fund, one of our key goals was to drive increased investment in circular supply chains from the financial community as we continue our work to help create a waste-free future," said Chastity McLeod, Director of Technical Packaging, Nestlé USA. "We are thrilled to see the growth and impact of the fund since its launch and are proud to close the fund with such a diverse group of investors that will help scale the solutions needed to advance a circular economy."
Closed Loop Partners is a New York-based investment firm comprised of venture capital, growth equity, private equity and catalytic capital, as well as an innovation center focused on building the circular economy. Investments align capitalism with positive social and environmental impact by reducing waste and greenhouse gas emissions via materials innovation, advanced recycling technologies, supply chain optimization and landfill diversion. Learn more at closedlooppartners.com
The Closed Loop Leadership Fund is Closed Loop Partners' private equity fund, focused on investing in best-in-class circular business models that are fundamental to keeping plastics and packaging, food and organics, electronics and textiles out of landfills and within a circular system.
To learn about the Closed Loop Leadership Fund, visit Closed Loop Partners' website here.
Contact:
Allyson Wilson
allyson@closedlooppartners.com
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https://www.kxii.com/prnewswire/2022/06/06/closed-loop-partners-private-equity-fund-announces-final-close-managing-assets-excess-200m/
| 2022-06-06T12:52:54Z
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CHARLOTTE, N.C., May 4, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today announced its results for the first quarter ended March 31, 2022.
First-Quarter 2022 and Recent Highlights
(Unless otherwise stated, all percentage changes represent year-over-year comparisons)
- Net sales of $1.13 billion, an increase of 36%; Net sales increased 44% excluding Fine Chemistry Services (FCS) business sold in June 2021
- Net income of $253.4 million, or $2.15 per diluted share; Adjusted diluted EPS of $2.38, an increase of 116%
- Adjusted EBITDA of $432 million, an increase of 88%; Adjusted EBITDA increased 107% excluding FCS business sold in June 2021
- MARBL Lithium Joint Venture (MARBL) to start operation of the second train at MARBL Wodgina Lithium mine with first spodumene concentrate production expected in July 2022
- Guidance for 2022 revised upward on increased prices in Lithium and Bromine businesses; Net sales are now expected to increase approximately 60-70% year over year and adjusted EBITDA now expected to increase approximately 100-140% year over year
"We achieved a strong start to the year by focusing on execution and building on the momentum we created in the second half of 2021," said Albemarle CEO Kent Masters. "Many of the end markets we serve are critical for transitioning to greener energy and advancing electrification and digitalization. Our ongoing investments capitalize on the rapid growth and strong pricing trends in these markets. We continue to explore sustainable options to expand our conversion capacity and resources, including opportunities in North America and Europe."
Outlook
Albemarle's outlook for 2022 has improved based on expectations of continued demand growth and tightness in the markets it serves. Net sales guidance was revised upward primarily due to continued strength in pricing in its Lithium and Bromine businesses. Adjusted EBITDA guidance is higher based on pricing expectations partially offset by inflationary cost pressures, particularly for natural gas in Europe.
First-Quarter Results
Net sales of $1.13 billion increased by $298.4 million compared to the prior-year quarter primarily due to increased pricing across Albemarle's business segments driven by strong demand from diverse end markets.
Net income attributable to Albemarle of $253.4 million increased by $157.7 million from the prior-year quarter primarily due to higher net sales, partially offset by inflationary cost pressures including natural gas prices in Europe.
Adjusted EBITDA of $431.9 million increased by $201.9 million from the prior-year quarter primarily due to higher net sales, partially offset by inflationary cost pressures including natural gas prices in Europe.
The effective income tax rate for the first quarter of 2022 was 26.9% compared to 17.9% in the same period of 2021. The difference is largely due to global intangible low-taxed income and the geographic mix of earnings. On an adjusted basis, the effective income tax rates were 18.9% and 17.5% for the first quarter of 2022 and 2021, respectively.
Business Segment Results
Lithium Results
Lithium net sales of $550.3 million increased $271.3 million (+97%) due to higher pricing net of FX (+66%) and a one-time sale of spodumene produced during the initial startup of the MARBL Lithium Wodgina mine. Volume was higher (+31%) from tolling to help meet growing customer demand. Adjusted EBITDA of $308.6 million increased $202.2 million primarily due to increased pricing from renegotiated variable price contracts as well as the sale of lower cost inventory.
Lithium Outlook
Adjusted EBITDA for the full year 2022 is expected to grow approximately 200-225% year over year, up from the previous outlook. Average realized pricing is now expected to be up approximately 100% year over year resulting from the renegotiated index-referenced variable price contracts and increased market pricing. Full-year 2022 volume is expected to be up +20-30% year over year (unchanged) primarily due to new capacity coming online. The revised outlook assumes the company's Q2 realized selling price remains constant for the remainder of the year. There is potential upside if market pricing remains at historically strong levels or if current contract renegotiations result in additional index-referenced, variable pricing. There is potential downside in the event of a material correction in lithium market pricing or potential volume shortfalls (e.g., delays in acquisitions or expansion projects).
Albemarle continues to progress the expansion of its global portfolio of conversion capacity and utilization of its world-class resource portfolio:
Chile
- La Negra III/IV conversion plant started up and is in commercial qualification; operations are progressing to plan
Australia
- Kemerton I conversion plant is in commissioning and is expected to achieve first product in May
- Kemerton II conversion plant remains on track for mechanical completion in the second half of 2022
- First production of spodumene concentrate from the first train at the MARBL Lithium Wodgina mine expected in May
- The start of the second train at Wodgina has been accelerated with first production of spodumene concentrate expected in July
China
- Acquisition of Qinzhou conversion plant continues to progress through the regulatory approval process and now is expected to close in the second half of this year
- Site preparation and early construction works have started at the Meishan greenfield project site, ahead of schedule
- Zhangjiagang greenfield project is in the engineering phase
United States
- New wells and expansion projects at Silver Peak continue to progress ahead of schedule
Bromine Results
Bromine net sales of $359.6 million increased $79.1 million (+28%) primarily due to increased pricing net of FX (+25%) and slightly higher volumes (+3%). Tight market conditions continue to drive strong demand and favorable pricing across the product portfolio. Adjusted EBITDA of $129.2 million increased $34.6 million as higher net sales were partially offset by higher costs for raw materials and freight.
Bromine Outlook
Adjusted EBITDA for the full year 2022 is expected to grow approximately 15-20% from 2021 based on higher volumes and pricing as a result of strength in demand for fire safety solutions in diverse end markets. Successful execution of growth projects in 2021 is expected to contribute to higher volumes in full-year 2022. Bromine's ongoing cost savings initiatives and favorable pricing are expected to offset higher freight and raw material costs.
Catalysts Results
Catalysts net sales of $217.9 million decreased by $2.4 million (-1%) compared to the previous year due to lower volumes (-2%), partially offset by slightly higher pricing net of FX (+1%). Adjusted EBITDA of $16.9 million declined $8.5 million as higher sales were offset by cost pressures from increasing natural gas prices and raw materials.
Catalysts Outlook
Albemarle expects full-year 2022 adjusted EBITDA to be flat to down 65% year over year, down from the previous outlook due to continued volatility of natural gas pricing in Europe related to the war in Ukraine, partially offset by higher pricing.
The strategic review of the Catalysts business is ongoing. The company expects to provide an update in the second quarter.
All Other
Other operations represent the FCS business which was sold on June 1, 2021.
Balance Sheet and Liquidity
As of March 31, 2022, Albemarle had estimated liquidity of approximately $1.9 billion, including $463.3 million of cash and equivalents, $777.6 million remaining under its $1 billion revolver, $500 million remaining under its amended delayed draw term loan, and $176.9 million on other available credit lines. Total debt was $2.5 billion, representing net debt to adjusted EBITDA of approximately 1.9 times.
Cash Flow and Capital Deployment
Cash from operations for the three months ended March 31, 2022, of $206.2 million increased $48.2 million versus the prior year driven by higher adjusted EBITDA partially offset by working capital changes. Capital expenditures of $231.7 million increased by $52.0 million versus the prior year as the company nears completion of its Wave 2 Lithium expansion projects and progresses the next wave of projects.
Albemarle's primary capital allocation priorities are to invest in organic and inorganic opportunities to drive profitable growth, maintain its financial flexibility and Investment Grade credit rating, and fund its dividend.
The company expects to publish its 2021 sustainability report on June 2, 2022, and will hold a conference call on June 28, 2022, to discuss highlights from the report, including progress on current sustainability-related targets, new targets, and our initial assessment of scope 3 greenhouse gas emissions.
Earnings Call
The company's earnings presentation and supporting material are available on Albemarle's website at https://investors.albemarle.com.
About Albemarle
Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. Albemarle thinks beyond business-as-usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. Albemarle actively pursues a sustainable approach to managing its diverse global footprint of world-class resources. In conjunction with Albemarle's highly experienced and talented global teams, its deep-seated values, and its collaborative customer relationships, Albemarle creates value-added and performance-based solutions that enable a safer and more sustainable future.
Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding the company, its businesses and the markets it serves.
Forward-Looking Statements
Some of the information presented in this press release, the conference call and discussions that follow, including, without limitation, information related to the timing of active and proposed projects, production capacity, committed volumes, pricing, financial flexibility, expected growth, anticipated return on opportunities, earnings and demand for its products, productivity improvements, tax rates, stock repurchases, dividends, cash flow generation, costs and cost synergies, capital projects, future acquisition and divestiture transactions including statements with respect to timing, expected benefits from proposed transactions, market and economic trends, statements with respect to 2022 outlook and all other information relating to matters that are not historical facts may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from the views expressed. Factors that could cause Albemarle's actual results to differ materially from the outlook expressed or implied in any forward-looking statement include, without limitation: changes in economic and business conditions; changes in financial and operating performance of its major customers and industries and markets served by it; the timing of orders received from customers; the gain or loss of significant customers; market correction in lithium market pricing; changes with respect to contract renegotiations; potential production volume shortfalls; competition from other manufacturers; changes in the demand for its products or the end-user markets in which its products are sold; limitations or prohibitions on the manufacture and sale of its products; availability of raw materials; increases in the cost of raw materials and energy, and its ability to pass through such increases to its customers; technological change and development, changes in its markets in general; fluctuations in foreign currencies; changes in laws and government regulation impacting its operations or its products; the occurrence of regulatory actions, proceedings, claims or litigation (including with respect to the U.S. Foreign Corrupt Practices Act and foreign anti-corruption laws); the occurrence of cyber-security breaches, terrorist attacks, industrial accidents or natural disasters, the effect of climate change, including any regulatory changes to which it might be subject; hazards associated with chemicals manufacturing; the inability to maintain current levels of insurance, including product or premises liability insurance, or the denial of such coverage; political unrest affecting the global economy, including adverse effects from terrorism or hostilities; political instability affecting our manufacturing operations or joint ventures; changes in accounting standards; the inability to achieve results from its global manufacturing cost reduction initiatives as well as its ongoing continuous improvement and rationalization programs; changes in the jurisdictional mix of its earnings and changes in tax laws and rates or interpretation; changes in monetary policies, inflation or interest rates that may impact its ability to raise capital or increase its cost of funds, impact the performance of its pension fund investments and increase its pension expense and funding obligations; volatility and uncertainties in the debt and equity markets; technology or intellectual property infringement, including cyber-security breaches, and other innovation risks; decisions it may make in the future; future acquisition and divestiture transactions, including the ability to successfully execute, operate and integrate acquisitions and divestitures and incurring additional indebtedness; continuing uncertainties as to the duration and impact of the coronavirus (COVID-19) pandemic; performance of Albemarle's partners in joint ventures and other projects; changes in credit ratings; and the other factors detailed from time to time in the reports Albemarle files with the SEC, including those described under "Risk Factors" in Albemarle's most recent Annual Report on Form 10-K any subsequently filed Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this press release. Albemarle assumes no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.
See accompanying non-GAAP reconciliations below.
Additional Information
It should be noted that adjusted net income attributable to Albemarle Corporation, adjusted diluted earnings per share, non-operating pension and OPEB items per diluted share, non-recurring and other unusual items per diluted share, adjusted effective income tax rates, EBITDA, adjusted EBITDA, EBITDA margin and adjusted EBITDA margin are financial measures that are not required by, or presented in accordance with, accounting principles generally accepted in the United States, or GAAP. These non-GAAP measures should not be considered as alternatives to Net income attributable to Albemarle Corporation ("earnings") or other comparable measures calculated and reported in accordance with GAAP. These measures are presented here to provide additional useful measurements to review the company's operations, provide transparency to investors and enable period-to-period comparability of financial performance. The company's chief operating decision maker uses these measures to assess the ongoing performance of the company and its segments, as well as for business and enterprise planning purposes.
A description of other non-GAAP financial measures that Albemarle uses to evaluate its operations and financial performance, and reconciliation of these non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP can be found on the following pages of this press release, which is also is available on Albemarle's website at https://investors.albemarle.com. The company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the company is unable to estimate significant non-recurring or unusual items without unreasonable effort. The amounts and timing of these items are uncertain and could be material to the company's results calculated in accordance with GAAP.
ALBEMARLE CORPORATION AND SUBSIDIARIES
Non-GAAP Reconciliations
(Unaudited)
See below for a reconciliation of adjusted net income attributable to Albemarle Corporation, EBITDA and adjusted EBITDA, the non-GAAP financial measures, to Net income attributable to Albemarle Corporation ("earnings"), the most directly comparable financial measure calculated and reported in accordance with GAAP. Adjusted net income attributable to Albemarle Corporation is defined as net income before the non-recurring, other unusual and non-operating pension and other post-employment benefit (OPEB) items as listed below. The non-recurring and unusual items may include acquisition and integration related costs, gains or losses on sales of businesses, restructuring charges, facility divestiture charges, certain litigation and arbitration costs and charges, and other significant non-recurring items. EBITDA is defined as net income attributable to Albemarle Corporation before interest and financing expenses, income tax expense, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA plus or minus the non-recurring, other unusual and non-operating pension and OPEB items as listed below.
See below for a reconciliation of adjusted EBITDA on a segment basis, the non-GAAP financial measure, to Net income attributable to Albemarle Corporation, the most directly comparable financial measure calculated and reported in accordance with GAAP (in thousands, except percentages).
Non-operating pension and OPEB items, consisting of mark-to-market actuarial gains/losses, settlements/curtailments, interest cost and expected return on assets, are not allocated to Albemarle's operating segments and are included in the Corporate category. In addition, the company believes that these components of pension cost are mainly driven by market performance, and the company manages these separately from the operational performance of the company's businesses. In accordance with GAAP, these non-operating pension and OPEB items are included in Other income (expenses), net. Non-operating pension and OPEB items were as follows (in thousands):
In addition to the non-operating pension and OPEB items disclosed above, the company has identified certain other items and excluded them from Albemarle's adjusted net income calculation for the periods presented. A listing of these items, as well as a detailed description of each follows below (per diluted share):
See below for a reconciliation of the adjusted effective income tax rate, the non-GAAP financial measure, to the effective income tax rate, the most directly comparable financial measure calculated and reported in accordance with GAAP (in thousands, except percentages).
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https://www.mysuncoast.com/prnewswire/2022/05/04/albemarle-reports-first-quarter-sales-growth-36-raising-guidance/
| 2022-05-04T22:01:55Z
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Hero Digital adds industry leader to fuel Hero's growth and strengthen technology alliances
SAN FRANCISCO, Aug. 2, 2022 /PRNewswire/ -- Hero Digital, a leading digital customer experience transformation company, announced today it has hired industry leader Ryan Noel as Senior Vice President of Growth and Alliances to accelerate Hero's growth and bolster its technology alliances. Recognized for his expertise in digital experience, technology, and business development, Noel will lead Hero Digital's growth activities across the company and further strengthen the company's technology alliance partnerships.
"I am thoroughly excited to join Hero at a time when Clients are focused on transforming their businesses, relying on partners to craft seamless experiences while delivering on business goals in a time of unprecedented change," said Noel. "Hero is the right partner at the right time when digital transformation is mission critical for brands that want customer-centric experiences enabled by great DX, Commerce, Marketing, Data and Cloud technologies."
During Noel's time as Chief Growth Officer of Gorilla Group (A Wunderman Thompson company), he oversaw all aspects of their go-to-market strategies and technology alliances, exponentially growing top line revenue throughout his tenure. His adept knowledge of the digital and commerce space fostered powerful executive technology alliances that earned many Partner of the Year awards. Building on his previous accomplishments, Noel will bring his proven experience to further Hero Digital's momentum.
"We are thrilled to have Ryan join Hero Digital at a time of tremendous opportunity," said Kenneth Parks, CMO of Hero Digital. "His ability to build successful teams, cultivate deep alliance partnerships, and drive sustainable growth has been recognized throughout the industry. I look forward to seeing the impact his extensive expertise will have on our company's future growth."
Noel's addition to Hero Digital to further drive the company's rapid growth comes after the recent appointments of Erin Lynch as Chief Creative Officer and Linda Jojo to the Board of Directors, solidifying Hero Digital as a leader in digital transformation. For more information about Hero Digital, please visit www.herodigital.com.
About Hero Digital
Hero Digital is a leading digital customer experience company leveraging strategy, design, technology, marketing, and data, to solve the critical digital business transformation needs of the Fortune 1000. Hero Digital helps brands like Comcast, U.S. Bank, Salesforce, Twitter, UnitedHealthcare, and TD Ameritrade Institutional invent, transform, and perform to deliver new value for people and for business.
Media Contact:
Richie Roesner
richie.roesner@walkersands.com
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SOURCE Hero Digital
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https://www.mysuncoast.com/prnewswire/2022/08/02/former-gorilla-group-exec-ryan-noel-joins-hero-digital-lead-growth-alliances/
| 2022-08-02T17:18:43Z
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NEW YORK and CHICAGO, July 11, 2022 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP, a preeminent national consumer rights law firm, announces that it is investigating claims on behalf of customers of Flagstar Bank whose information may be have stolen in a data breach from December 2021. Flagstar is notifying customers that their personal information, including at least their full names and Social Security Numbers, may have been stolen as part of a recent hack. This is Flagstar's second hack in less than two years.
If you are a customer of Flagstar Bank who has received notice and has experienced recent fraudulent activity, it is possible that your personal information was compromised and has been offered for sale on the dark web.
If you wish to discuss this litigation, or if you have any questions regarding your rights and interests in this matter, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at gstone@whafh.com.
PLEASE CLICK HERE TO CONTACT THE FIRM
Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of consumer rights litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas and offices in New York, Chicago and San Diego. Courts have repeatedly recognized the reputation and expertise of this firm and have appointed it to major positions in complex consolidated litigation.
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Stone, Director of Case and Financial Analysis
Carl Malmstrom, Esq., Partner
Email: gstone@whafh.com or malmstrom@whafh.com
Tel: (800) 575-0735 or (619) 239-4599
Attorney Advertising. Prior results do not guarantee or predict a similar outcome.
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SOURCE Wolf Haldenstein Adler Freeman & Herz LLP
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https://www.wibw.com/prnewswire/2022/07/11/wolf-haldenstein-adler-freeman-amp-herz-llpflagstar-bank-data-breach-alert/
| 2022-07-11T13:11:31Z
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Bayern beats Leipzig in super cup, Leverkusen upset in cup
LEIPZIG, Germany (AP) — Sadio Mané has scored to help Bayern Munich defeat Leipzig 5-3 and win the German Super Cup. Jamal Musiala, Mané and Benjamin Pavard all scored in the first half as 10-time Bundesliga champion Bayern threatened a rout in Leipzig. But the visitors needed Leroy Sané to seal the win in the eighth minute of injury time. Serge Gnabry also scored for Bayern. Bayer Leverkusen and Cologne were upset in the first round of the German Cup. Third-division club Elversberg stunned Leverkusen 4-3. Cologne lost to second-division team Jahn Regensburg 4-3 on penalties.
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https://localnews8.com/sports/ap-national-sports/2022/07/30/bayern-beats-leipzig-in-super-cup-leverkusen-upset-in-cup/
| 2022-07-31T03:02:14Z
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Author Salman Rushdie, whose writing led to death threats, attacked on stage
Author Salman Rushdie attacked on lecture stage in New York
CHAUTAUQUA, N.Y. (AP) — Salman Rushdie, the author whose writing led to death threats from Iran in the 1980s, was attacked Friday as he was about to give a lecture in western New York.
An Associated Press reporter witnessed a man storm the stage at the Chautauqua Institution and begin punching or stabbing Rushdie as he was being introduced. The author was taken or fell to the floor, and the man was restrained.
Rushdie’s condition was not immediately known.
Rushdie’s book “The Satanic Verses” has been banned in Iran since 1988, as many Muslims consider it to be blasphemous. A year later, Iran’s late leader Ayatollah Ruhollah Khomeini issued a fatwa, or edict, calling for Rushdie’s death.
A bounty of over $3 million has also been offered for anyone who kills Rushdie.
Iran’s government has long since distanced itself from Khomeini’s decree, but anti-Rushdie sentiment lingered. In 2012, a semi-official Iranian religious foundation raised the bounty for Rushdie from $2.8 million to $3.3 million.
Rushdie dismissed that threat at the time, saying there was “no evidence” of people being interested in the reward.
That year, Rushdie published a memoir, “Joseph Anton,” about the fatwa.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/08/12/author-salman-rushdie-whose-writing-led-death-threats-attacked-stage/
| 2022-08-12T15:36:25Z
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The Kardashians are back, not that they were ever really gone. Sure, their flagship E! show might have ended, but that was merely so the family could hang out a "We've Moved" sign and shift their under-the-microscope lives over to Hulu. Not surprisingly, the act hasn't changed, just the location.
"The Kardashians," as the new show is called, is still keeping up with everyone, opening with a zooming series of shots of their various mansions. As for the thrust of the drama, the main prongs out of the gate involve Kourtney's relationship with drummer Travis Barker and the excitement surrounding Kim hosting "Saturday Night Live" in October, which nicely sets up the time frame.
As always, the Kardashians' lives don't unfold with a great sense of urgency, devoting the first two episodes to the preparations for Kim's "SNL" stint, while eliciting fairly obvious exchanges like her marveling, "This will be live. Live."
The most interesting moment comes when Kim meets with Amy Schumer (who has experience with the genre), with the comic dissecting her monologue material in advance and second-guessing several of the jokes. It's a window not only into the comedic process but Kardashian's understanding of her brand and how to present herself.
There is also a subplot involving Kim's concern about the potential release of more footage from a years-old sex tape, although that wrinkle makes this seem a bit more like a reboot than anything else. Any crisis is a source of drama, perhaps, but this feels like playing the oldies, a cut off the greatest hits collection.
Obviously, the Kardashians have built their personal lives into a lucrative cottage industry, which includes turning everyone -- exes, kids, you name it -- into part of the ensemble. That can create some awkward and even queasy moments, but at this point, nobody in their extended orbit can plead ignorance about the rules of the game.
What remains striking is that the Kardashians frequently talk about the demands on their time and lack of privacy as if it isn't or wasn't a choice, implying that they are bystanders in this three-ring circus as opposed to its ringmasters. Indeed, one of the most honest moments comes when Kim says, "I hate talking about myself, but...," ending the thought amid off-camera laughter.
Kim Kardashian recently made headlines for chiding women regarding their work ethic, but say this for the family: Whatever one thinks of their product, they're certainly relentless in selling it.
In that sense, the Kardashians' fundamental relationship is with fans (or simply curious gawkers) who follow their exploits -- a bond that explains why Hulu would be eager to add the show to its streaming arsenal. Because the family doesn't know how to quit us, apparently, any better than a lot of us know how to quit them.
"The Kardashians" premieres April 14 on Hulu.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/entertainment/the-kardashians-move-their-same-old-act-to-new-real-estate-on-hulu/article_c8c7e9e1-50f3-5897-8023-8d507680757e.html
| 2022-04-14T09:07:00Z
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For crafting, decorating, and more – the new Canon SELPHY compact photo printer provides high quality prints quickly and easily
MELVILLE, N.Y., Sept. 14, 2022 /PRNewswire/ -- Scrapbookers and parents rejoice as Canon U.S.A., Inc., a leader in digital imaging solutions, announced today the SELPHY CP1500 compact photo printer as the newest addition to the SELPHY printer line. Delivering long lasting1, durable, high-quality prints in less than a minute2, gifting friends and family physical memories and keepsakes which can be shared and enjoyed for decades3 (when stored in an album) has never been easier.
Designed with Space in Mind
In a stylish and compact design, the Canon SELPHY CP1500 photo printer is small enough to fit in a pocket or small purse and can be taken on the go – whether using the included AC adapter or the optional battery (sold separately)4. Its diminutive size doesn't make the CP1500 short on function, though. The printer's standard print size is 4"x 6" postcard – printed in approximately 41 seconds2. With the purchase of the optional cassette (sold separately)5, it can also print card (2.1" x 3.4") and square label (2.1" x 2.1") sizes. Thanks to protective coating, the CP1500 creates long-lasting photos that can withstand wear for more than 100 years when stored in an album3. Those looking for a bit more fun can personalize photos with a variety of borders, text, and pattern overlays – such as hearts around your family or paw prints for your furry friends. The creative possibilities are endless – customers can use these photos for crafting, journaling, decorating, or for school projects such as family trees.
Photos In A Pinch
The SELPHY CP1500 compact photo printer comes with diverse connectivity, allowing users to connect wirelessly to a compatible smart phone using the Canon PRINT Inkjet/SELPHY app6. Additionally, users can utilize the SELPHY Photo Layout app7 to convert a URL into a QR code that can be printed onto a photo – directing to social media pages or to photo locations on a map.
Specific product specs of the SELPHY CP1500 compact photo printer include:
- Dye-Sub technology
- Accommodates paper sizes: Postcard (4.0" x 6.0") and, with purchase of optional cassette (sold separately)5, Card Size (2.1" x 3.4") and Square Label (2.1" x 2.1")
- Enlarged LCD monitor (3.5 inches) compared to the CP1300 printer
- Pattern overcoats (stars, hearts, flowers, and others)
Pricing
The Canon SELPHY CP1500 compact photo printer is scheduled to be available in October 2022 for an estimated retail price of $139.998 and will be available in two colors, black and white.
For more information and the full list of product specifications, visit http://shop.usa.canon.com.
About Canon U.S.A., Inc.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $30.6 billion in global revenue, its parent company, Canon Inc. (NYSE:CAJ), as of 2021 has ranked in the top-five overall in U.S. patents granted for 36 consecutive years† and was one of Fortune Magazine's World's Most Admired Companies in 2022. Canon U.S.A. was featured in Newsweek's Most Loved Workplaces list for 2021, ranking among the top 100 companies for employee happiness and satisfaction at work. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.
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SOURCE Canon U.S.A., Inc.
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https://www.kxii.com/prnewswire/2022/09/14/help-make-your-memories-last-with-new-canon-selphy-photo-printer/
| 2022-09-14T16:04:49Z
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Things to do: 'Anything Goes,' star cars in Minerva, Mount Union art show, Motown tribute
'Anything Goes' on stage in North Canton
North Canton Playhouse will present "Anything Goes" beginning Friday, Saturday and Sunday.
"Anything Goes" tells a story aboard the ocean liner S. S. American, where nightclub singer Reno Sweeney is on board.
Her pal Billy Crocker has stowed away to be near his love. Joining them on board are Public Enemy #13, Moonface Martin, and his sidekick, Erma. With the help of some elaborate disguises and tap-dancing sailors, Reno and Martin join forces to help Billy win Hope’s heart, North Canton Playhouse said.
Originally written in 1934 with music and lyrics by American composer and songwriter Cole Porter, the musical comedy has been updated several times throughout the last century, according to https://broadwaymusicalhome.com/.
"Anything Goes" also will be performed on Sept. 16-18. Performances are 7:30 p.m. on Fridays and Saturdays and 2:30 p.m. Sundays.
Tickets are $15 and available at www.northcantonplayhouse.com/.
North Canton Playhouse can be reached at 330-494-1613 and via email at info@northcantonplayhouse.com.
North Canton Playhouse's main stage and offices are at 525 7th St. NE in North Canton.
'The Cars are the Stars' in Minerva
"The Cars are the Stars" show will be 4 to 9 p.m. Saturday on North Market Street in Minerva.
Tickets are $10 per person and $20 per family and can be purchased at the event or online at www.eventbrite.com/ by searching under "The Cars are the Stars: A Night at the Roxy." All proceeds from the event will support improvements and programming at the Roxy Theatre, which is owned by the Minerva Area Chamber of Commerce.
A 1971 championship winning F5000 M10B will be in the show on loan from the Crawford Auto and Aviation Museum of the Western Reserve Historical Society in Cleveland. The vehicle was driven by David Hobbs.
Also featured will be the Ford GT40 sound car from the movie "Ford v Ferrari," as well a replica of the MKII GT 40 that won the 1966 LeMans race shown in the film.
The event features 65 premiere vehicles. Crawford Auto and Aviation Museum also will be showcasing several vintage motorcycles that will be displayed in the Minerva Area Historical Society's Haas Museum, including a 1918 Indian and 1929 Harley-Davidson.
Other vehicles include early models of Cadillacs, Lincolns and Packards.
Live music includes Luke Schreffler 4 to 6 p.m. and The Rock It Men 6 to 9 p.m. Food vendors will be at the event, and downtown restaurants will be open.
Alcoholic beverages can be purchased from noon to 9 p.m. as part of Minerva's Designated Outdoor Refreshment Area (DORA) at Normandy Inn, Stoney Inn, Sandy Springs Brewing Co. and Que Pasa Mexican Restaurant. The drinks can be carried throughout the DORA.
Motown tribute show in Massillon
The Motown Sounds of Touch will perform from 7:30 to 9:30 p.m. Saturday at the Lions Lincoln Theatre, 156 Lincoln Way E. in downtown Massillon.
Competing against thousands of other acts, the Motown tribute band was a finalist on the NBC television show "The Winner Is." Band members have written songs for The Jackson 5 and Michael Jackson. The band also performed at the Cincinnati Reds Hall of Fame induction ceremony.
Saturday's concert will feature songs by Smokey Robinson, Stevie Wonder, The Jackson 5, The Temptations, Marvin Gaye, The Four Tops and others.
Tickets are VIP seating $35; main floor $30; and balcony $25.
For information or tickets, go to https://www.lionslincolntheatre.org/. The theatre also can be reached at 330-481-9105. The box office is open one hour prior to showtime on event days.
Mount Union art show and reception
Nathan Prebonick, a painter and printmaker from Akron, will host a reception from 4 to 6 p.m. Friday in the Sally Otto Gallery at University of Mount Union.
Prebonick's exhibit, free and open to the public, will be on display through Sept. 28.
The gallery is on campus in the Giese Center for the Performing Arts, 67 W. Simpson St. in Alliance.
More: Mount Union professor finds 'beauty in the world' during pandemic with art exhibition
Prebonick received a bachelor of fine arts from the University of Akron Myers School of Art, where he works as a professor in painting and foundations, Mount Union said in a news release. He received his master of fine arts at the Rhode Island School of Design.
Prebonick creates paintings based on the relationship between landscapes, architecture and aesthetics. His work has been exhibited in the Midwest and on the East Coast, including Cleveland, Boston, Providence and New York City.
Reach Ed at 330-580-8315 and ebalint@gannett.com. On Twitter @ebalintREP.
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https://www.cantonrep.com/story/entertainment/2022/09/08/weekend-fun-star-cars-in-minerva-anything-goes-motown-sounds/65474407007/
| 2022-09-08T10:07:51Z
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NEW YORK, April 25, 2022 /PRNewswire/ -- Itiquira Acquisition Corp. (NASDAQ: ITQ) (NASDAQ: ITQRU) (NASDAQ: ITQRW) (the "Company") today announced that it received a letter (the "Nasdaq Letter") on April 19, 2022 from the Nasdaq Stock Market ("Nasdaq") notifying the Company that it had violated Nasdaq Listing Rule 5250(c)(1) because the Company had not yet filed its Annual Report on Form 10-K for the year ended December 31, 2021 (the "2021 Annual Report") with the Securities and Exchange Commission (the "SEC"). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the SEC.
In the Nasdaq Letter, Nasdaq stated that the Company had until June 20, 2022 to submit a plan to regain compliance. If Nasdaq accepted the Company's plan, it could then grant an exception of up to 180 calendar days from the 2021 Annual Report's due date, or until October 12, 2022, to regain compliance. If Nasdaq did not accept the Company's plan, the Company would have had the opportunity to appeal that decision to a Nasdaq Hearings Panel and to request a further stay pending the appeal.
The Company is actively working with its auditors and advisors, and intends to file its 2021 Annual Report as soon as possible to regain compliance.
The Nasdaq Letter has no immediate impact on the listing or trading of the Company's securities on Nasdaq.
About Itiquira Acquisition Corp.
Itiquira Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Although the Company may pursue its initial business combination in any business, industry or geographic location, it currently intends to focus its search for a target located in Brazil in industries that it believes have high-potential for growth and generating strong returns for shareholders.
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the Company's plans with respect to the target industry for a potential business combination. No assurance can be given that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the Company's offering filed with the U.S. Securities and Exchange Commission (the "SEC"). Copies of these documents are available on the SEC's website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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https://www.wibw.com/prnewswire/2022/04/25/itiquira-acquisition-corp-receives-notification-deficiency-nasdaq-related-delayed-annual-report-form-10-k/
| 2022-04-25T10:29:23Z
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Atlanta Police Chief Rodney Bryant to retire, mayor says
By Melissa Alonso and Theresa Waldrop, CNN
Atlanta Police Chief Rodney Bryant will retire in June, just two years after the previous chief resigned in the aftermath of a fatal police shooting in the city.
Bryant became interim chief in June 2020, when then-chief Erika Shields resigned a day after an Atlanta Police Department officer shot and killed Rayshard Brooks, a Black man, in a Wendy’s parking lot.
Bryant was confirmed as chief last May.
“Chief Bryant has answered our city’s call time and again, and I join all of Atlanta’s residents in owing him a debt of gratitude for his steady leadership,” Mayor Andre Dickens said in a statement announcing Bryant’s retirement.
Bryant joined the police department as an officer in 1988 and retired in 2019 to become the interim chief of the Atlanta City Detention Center.
As his biography points out, Bryant took the helm of the police department “during a difficult time in the life of law enforcement,” when protests against police treatment of Blacks were rocking the country.
“I am thankful that the Chief agreed to stay on for my first 100 days as Mayor, and I have grown to rely on the Chief’s counsel during our daily meetings. We will miss the Chief’s leadership as he enjoys his well-earned retirement,” said the mayor, who began his term in January.
Shields in January 2021 became chief of the Louisville Metro Police Department, which was still dealing with its own fatal police shooting — that of Breonna Taylor in March 2020.
The city will now conduct a national search for a permanent replacement, said the mayor.
“I sincerely appreciate the opportunity to serve the city that I love and call home,” Bryant said in the statement.
“As Mayor Dickens plans his leadership strategies for this great city, I believe it is essential that he and the City of Atlanta have a Chief of Police who is willing to serve throughout his term. I have so many great memories of my career. I could not be more thankful to be ending my career — again — with the City of Atlanta Police Department,” he said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/news/national-world/cnn-national/2022/04/15/atlanta-police-chief-rodney-bryant-to-retire-mayor-says/
| 2022-04-15T19:11:16Z
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Mary Harcourt of CosmoGlo LLC. - "Innovation is important to the core of all societies. We're excited to announce the Italian courts have enforced our patent against willful infringement of the CosmoGlo™️ Light. This is a celebratory step forward for American manufacturing and product innovation."
BASTROP, Texas, Aug. 16, 2022 /PRNewswire/ -- CosmoGlo, LLC. pioneered a luxury, modern-looking curved light that provides even lighting. Trusted by experts in the field of aesthetics and used by service professionals, CosmoGlo was designed by Mary Harcourt, an established beauty professional. CosmoGlo has been awarded Design patents globally including in the USA, AUS, UK, and EU.
Judge Dott. Alberto La Manna of the Turin Italian Business Court on March 10th, 2022 announced intent to uphold Cosmolo's patent in court injunction case 19348/2021. The invention claimed in this patent lawsuit is fundamental to the aesthetics industry. The defendant was found liable for willful infringement upon CosmoGlo's design patent no. 008486203-0001. The ruling upholds CosmoGlo's right to protect its products, designs, and their fair use.
Mary Harcourt of CosmoGlo said in response to the ruling,
Innovation takes effort, capital, and vision, and is important to the core of all societies. On behalf of the CosmoGlo development department, operations teams, and legal teams, I am excited to announce that the EU Courts have enforced our patent. This ruling provided legal protection for the countless hours, dollars, and resources committed to bringing forth new innovation. I appreciate the EU for their support.
The judge Judge Dott. Alberto La manna stated,
The grievance of the applicant in relation to the infringement of its model must be considered well-founded since the confusion between the two products is evident in an overall evaluation. The proposed request must therefore be considered well-founded and deserves acceptance.
Consequently, the defendant must be prevented from producing and marketing the Moon Light Lamp with a consequent order to withdraw the products described from the market and to fix the penalty for the violation of this provision… The expenses follow the loss and are paid according to the disposition.
Manufactured in the USA CosmoGlo Light™️ provides full coverage rotational lighting that eliminates shadows with customizable brightness. Visit www.thecosmoglo.com or https://thecosmoglo.com/pages/media
CONTACT: Mary Harcourt, CosmoGlo Founder + CEO
EMAIL: Media@TheCosmoglo.com
PHONE: 717-683-6038
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SOURCE CosmoGlo
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https://www.mysuncoast.com/prnewswire/2022/08/16/american-startup-company-celebrates-win-inventors-who-plan-change-world/
| 2022-08-16T11:56:22Z
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NEW YORK, June 24, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Natera, Inc. (NASDAQ: NTRA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/natera-inc-loss-submission-form/?id=29040&from=4
This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Natera common stock between February 26, 2020, and April 19, 2022, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 27, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Natera, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company's non-invasive prenatal test, Panorama, was not reliable and resulted in high rates of false positives; (2) the Company's screening test for kidney transplant failure, Prospera, did not have superior precision compared to competing tests; (3) as a result of defendants' false and misleading claims about Natera's technology, the Company was exposed to substantial legal and regulatory risks; (4) Natera relied upon deceptive sales and billing practices to drive its revenue growth; and (5) as a result of the foregoing, defendants' statements about the company's business, operations, and prospects lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law
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https://www.kxii.com/prnewswire/2022/06/24/ntra-shareholder-alert-jakubowitz-law-reminds-natera-shareholders-lead-plaintiff-deadline-june-27-2022/
| 2022-06-24T10:27:13Z
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GRAPEVINE, Texas, Aug. 30, 2022 /PRNewswire/ -- Vistadash is excited to announce they have been chosen by the National Automobile Dealers Association (NADA) to power the organization's digital 20 Group analytics platform.
The Vistadash platform provides automotive digital data warehousing, as well as valuable insights to dealers who use the software when managing their digital presence. Developed with feedback from dealers across the country, Vistadash is a vendor-neutral company that helps dealers manage their marketing investments and processes online.
"The goal of our relationship is to help dealers analyze their digital marketing metrics and produce more meaningful insights, helping them to better understand the digital landscape" says Dan Moore, president of Vistadash. "Given all the noise around digital marketing, dealers are constantly faced with the question, 'Is what I am doing working?' With our technology, we are able to create an apples-to-apples comparison for NADA 20 Group members, taking the confusion out and giving them data they can rely on to make decisions."
As an advocate for the nation's franchised new-car and -truck dealers, NADA is equally committed to supporting the success of dealerships.
"NADA education is aimed at driving dealership success," said NADA 20 Group Consultant and Digital Analytics Specialist James Dodd. "The goal of our education is to offer dealers the best practices and tools, including financial, digital and operational analysis tools, that will enhance their performance financially and operationally."
To Moore, this relationship provides new opportunities: "NADA 20 Groups help dealers improve their dealership's overall performance and assist dealers with organizing their digital data and providing a view of how their marketing is performing. This relationship is a perfect collaboration with aligned core values that aid the dealer in becoming a better operator."
NADA selected Vistadash as their digital data provider given its ability to organize 20 Group members' Google Analytics metrics, by tracking consumer engagement on a dealer's website. These metrics are compiled into 20 Group composites, where they are comparable with other group member's performance. The comparison provides actionable insights and best practices that members can then incorporate in their digital and operational strategies. With Google Analytics 4 coming next year, NADA and Vistadash look to further educate dealers on how to properly setup and categorize metrics that provide predictive outcomes.
"The relationship has great synergy," says Moore. "Vistadash provides a tool that enables NADA 20 Group members to spend more time solving problems and less time chasing data."
To learn more about the NADA's 20 Group offerings, please click here.
To learn more about Vistadash, please click here.
Media Contact: Dan Moore, dan@vistadash.com
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https://www.wibw.com/prnewswire/2022/08/31/vistadash-nada-form-strategic-relationship/
| 2022-08-31T02:36:21Z
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This may be the most dangerous idea in American politics
By John Blake, CNN
An army of commentators have rightly condemned a belief called “replacement theory,” which a young White man cited before killing 10 people, most of them Black, Saturday at a supermarket in Buffalo, New York.
Those who subscribe to the theory — many of them White conservatives — believe a secret group of elites are using non-White immigrants and Black people to intermarry with and “outbreed” White people “until they no longer exist.”
But there is a variant of replacement theory that has also moved into the mainstream — and it’s celebrated by people on the left as well, says Yascha Mounk, author of a provocative new book, “The Great Experiment: Why Diverse Democracies Fall Apart and How They Can Endure.”
“Over the past days … (replacement theory) has, for very good reason, been widely condemned,” Mounk says. “But the uncomfortable truth is that a less conspiratorial cousin of it has long been embraced in mainstream public discourse. In fact, it is one of the few things that both liberals and conservatives, both Democrats and Republicans, can now agree on.”
Mounk is talking about the belief that Democrats will become a permanent political majority in coming years as people of color and non-White immigrants eventually outnumber white Americans.
Some progressives may cheer such a projection. But Mounk calls this belief the “most dangerous idea in American politics.”
He says it promotes a dystopian future in which White Americans and people of color are reduced to members of “mutually hostile tribes,” politicians have little incentive to reach beyond their base, and many Whites panic over the fear of being permanently sidelined.
Even so, Mounk, who describes his political values as “left of center,” offers an optimistic vision of America’s future in his new book. He explains why diverse democracies — countries with a multitude of racial and ethnic groups — sometimes fail, and how the US can succeed.
Drawing on lessons from social psychology and countries as diverse as Lebanon and India, Mounk arrives at a surprising conclusion: A genuine, diverse democracy in the US, where all groups are treated fairly, is still a realistic goal.
“It is far too early to resign ourselves to a vision of the future in which most people will still eye anyone who has a different religion or skin color suspiciously; in which members of different identity groups have little contact with one another in their family lives; in which we all choose to emphasize the differences that divide us rather than the commonalities that could unite us,” Mounk writes in “The Great Experiment.”
This issue is not abstract to Mounk. He was born into a Jewish family in Germany that was victimized by the same forces of hate that have destroyed many democracies.
Mounk, an authority on the rise of populism, recently spoke to CNN. His answers were edited for clarity and brevity.
You describe yourself as unfashionably optimistic. Why is that optimism so important when it comes to building a democracy?
If you look at the history of deeply diverse societies, they very often fall apart in violent ways or oppress minority groups within them in the most terrible manner. When you look at social psychology, you see how easy people find it to form groups and discriminate in favor of the in-group versus the out-group. So what we’re trying to do here is really very hard, and we’ve often failed throughout American history.
But you can look at the current state of our society, and at the changes over the last few decades and recognize that there is a lot which justifies a hard-won optimism. Our country is less segregated and less racist than it used to be. Immigrants from all over the world are integrating very well and making a lot of socioeconomic progress.
When you look away from Washington in the heart of our society, we are actually cooperating with each other across ethnic and religious boundaries much more than we used to. None of that should make us complacent, but it should give us confidence that we can build a better society. Without that confidence, the likelihood of failure is going to be much higher.
You say Americans are cooperating more across these boundaries that we used to. What’s your evidence for that?
I start at the most stark level. As recently as three or four decades ago, a majority of Americans thought interracial marriage was immoral, and that it was immoral for Black and White people to have children together. Today that number is down to the single digits because of real psychological changes in our society and the number of interracial newborns has gone up.
Even at the most intimate level, Americans are choosing to intertwine their lives. The same is true when you look at the growth in interracial friendships, the growth in business partners who come from different demographic groups, and the growth of diversity at the top echelon of every American institution.
But if you look at schools, neighborhoods and even communities of worship in this country, it seems like they’re still very much racially segregated.
If you compare the United States today with 50 years ago, you see a lot more residential integration. You do see that schools in most parts of the country are much more integrated than they used to be, with the exception of particular neighborhoods of the extremely disadvantaged. But the great majority of the schools are much more diverse than they used to be.
And with the rise of megachurches in the suburbs of big American metropolises, you do see a very vibrant form of religion, which is generally multi-ethnic, in a way that rarely existed in American congregations.
Is it possible to have a genuine vibrant, diverse democracy without a deep commitment to racial integration?
Human beings are deeply groupish. It comes naturally to us to form groups and to favor members of their group over those that don’t belong to theirs, especially in a deeply diverse society like the United States. We’re never going to change that fact. And that’s perfectly fine.
But precisely because it comes so natural to us to invest particular groups with such importance, we also need to encourage some connective tissue between the different groups in our society. That can take the form of ensuring that people are educated together, that they come to have a deeper, mutual understanding and hopefully a mutual affection.
It can take the form of patriotism which allows us to have solidarity with each other even if we differ on religion, national origin or skin color. And it also has to include the right for each individual to decide how much importance that they want to give to the group in which they were raised.
In the book you cite two cities in India that were populated by both Muslims and Hindus. One was devasted by violence between the two groups, and the other wasn’t. What was the difference between the two, and what does that story illustrate about building a diverse democracy?
Tragically we’ve seen in India violent riots between Hindus and Muslims, which often kill a lot of people. But when you look more closely, you also see some interesting contrasts. There are two mid-sized cities in India which are about two-thirds Hindu and one-third Muslims. They have similar political histories and yet we see that one city has experienced an extreme amount of so-called inter-communal violence, whereas the other has actually managed to keep the peace.
Both cities had a rich associational life. They had a lot of trade unions, literature clubs and all kinds of different places where citizens can meet and debate with each other. But in in one city, Hindus and Muslimas have separate trade unions, and separate book clubs. In the other, many, but not all, have members from both groups.
When tensions have run high, that historically made the crucial difference. Because in one city, when rumors spread within each association, there is no link of trust between the communities. And so when Hindus heard some rumors about a young boy being killed by Muslims, they might have been moved to take revenge based on this false rumor.
In the other city, you have all of these interpersonal links. You have people to trust each other across the communities. And so, in moments of high political tension when those rumors were flying around, somebody could say, “Look, this is not true. I’ve talked to all the people in my community. I know that this didn’t happen. Let’s just try to find a way to reduce these tensions without unnecessary bloodshed.” It shows us the importance of bridging social capital.
Many Americans live in their own social media echo chambers. We go back to our own like-minded communities. How do we replicate what happened in that Indian city here?
Over the last decade, millions of Americans have made choices that have made it (the country) more integrated than it was. We see in particular the rise of suburbs, some upper-middle and some lower middle-class communities, which are more integrated than they were 40 years ago.
The members of Little Leagues and of neighborhood associations encounter each other ethnic and religious boundaries much more than they had a while ago. There’s important work in interfaith space, and by community organizers to try to connect people to each other.
Ultimately this will depend on the decision that ultimately all Americans make in their individual lives. Do we stay within the comfort zone that we’ve grown up in, or do we venture out and make new friendships and build new links with people who come from different communities?
How much does your personal history shape your interest in this topic?
It has in two important respects. The first is that I’m Jewish and I grew up in Germany. My family has experienced what it means to be at the wrong end of conflict between groups for three generations. My great-grandparents perished in the Holocaust. My grandparents lost most of their families and were displaced. My own parents, when they were in their late teens and early 20s, were thrown out of a country they grew up in, Poland, because of a state-sponsored, anti-Semitic campaign.
And so, I’m intimately aware that a society that could seem relatively peaceful, in which people have gotten along for significant period of time, can suddenly erupt into the most terrifying violence.
What would you say to a reader who tells you, ‘I’m pessimistic about prospects for a thriving, diverse democracy. Tell me how to make it work.’
We have no choice but to make it work because a brief glance at history will tell you how terrible the alternative it is — how violent, how unstable, how unjust the future will be if we fail to make diverse democracies work.
We should recognize that people will always remain members of cultural religious and ethnic groups and that they can help to make up the beauty of our country. But we can also do what we can as individuals, as members of associations, of educational institutions and as citizens to create more connective tissue between American citizens from different walks of life, to make sure that people interact in school, in sports teams, in neighborhood associations and to ensure that we come to a deeper understanding of each other.
The-CNN-Wire
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https://localnews8.com/politics/cnn-us-politics/2022/05/21/this-may-be-the-most-dangerous-idea-in-american-politics/
| 2022-05-21T11:55:13Z
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The first consent enablement platform names leaders from AT&T, WarnerMedia, Neustar, Comcast, LVMH, and Epsilon to the Board of Advisors
NEW YORK, June 1, 2022 /PRNewswire/ -- Qonsent, the first consent enablement and consumer trust platform, today announced several key new advisors joining its team. The leading advisors will help guide the company's solutions architectures for brands, marketers, and media companies to rebuild trust with consumers and usher in the next era of people-based and transactional-based data.
"As a company focused on solving data privacy and transparency issues for brands and consumers, our board of advisors must be the best of the best, bringing invaluable insights from each of their respective industries," said Jesse Redniss, CEO and Co-founder, Qonsent. "All of the advisors are well-versed in how new or potential data privacy laws will affect their industry, so we've assembled a team that can move forward with a sweeping yet comprehensive approach to how organizations collect, store, and leverage consumer data in a responsible way."
For the first time, the team behind the consumer privacy platform is publicly announcing the key advisors working on its board. They are all veterans from the media, entertainment, telecommunications, data security, and data privacy sectors, with Tom Moore, Chief Privacy Officer of AT&T, being the most recent addition. Other named advisors include:
- Christina Miller
- Kerry Morris
- Rodney Williams - Former CMO of Moet Hennessy and former CEO of Belvedere Vodka
- Gary Savoy - SVP Partnerships at Neustar
- David Beck - Former EVP Corporate Strategy at WarnerMedia and AMC Networks
- Jennifer Cooper - VP Strategy and Marketing at Zuora
- Zane Vella - VP Strategic Development at Comcast
- Evan Shapiro - CEO, Producer, and Pundit, ESHAP
- Kris Magel - VP and Head of Agency Development, Samba TV
"Data privacy is a growing concern for consumers. It can be hard for brand leaders to see this as a positive, but I think it is," said Tom Moore, Chief Privacy Officer, and SVP, AT&T. "Consumers are most valuable when they have an open dialogue with your brand and when they get a genuine say in how their data is used."
Qonsent products are easy to deploy, require little to no code, and quickly enable the creation of branded, frictionless, and most importantly easy to understand digital experiences where consumers can provide consent for the use of their data. Additionally, the company believes this challenge is large enough that no one company can resolve it, so Qonsent has also forged partnerships with Ketch, Snowflake, Full Contact, TransUnion/Neustar, and other key players.
Redniss went on to say, "We believe we have to build a technology ecosystem to solve this new data privacy challenge together. Gone are the days of data scraping, using cookie IDs, and third-party data without the consumer's understanding—we're giving control of personal data back to consumers in a way that will help rebuild trust between individuals and the brands they interact with."
About Qonsent
Qonsent was founded in 2021 by leading visionaries from media, marketing, technology, legal, and security industries to build tools that enable consumers to manage and control their personal information as they interact with companies that want to use that data. The services offered by the company encompass both B2B services and consumer-facing solutions, including Qonsent-in API, embed creator, SmartQontract, real-time ID validation and match linking, a resolution manager, and a Qonsent consumer wallet. Qonsent's platform can bridge the gaps in the current industry offerings for brands, advertisers, publishers, creators, enterprises, and consumers to solve the data privacy issue in a holistic manner.
Contact:
Michelle Van Jura
michelle@intersectcom.com
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https://www.wibw.com/prnewswire/2022/06/01/qonsent-names-key-advisory-board-appointments/
| 2022-06-01T14:23:43Z
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Two leaders in building products are coming together to expand homeowner and contractor offerings
YORK, Pa., May 17, 2022 /PRNewswire/ -- Wolf Home Products®, an innovator and leader in the building products industry, today announced a partnership with Key-Link™ Fencing & Railing, a leading manufacturer of aluminum rail and fence systems for residential and commercial installations.
Wolf Home Products will offer the full line of Key-Link's high-end aluminum and cable railings, including the American, Chesapeake, and Outlook Series, as well as ADA Handrails, and caps and stair lighting. All of Key-Link's products are engineered to meet the highest standards and are backed with a strong warranty.
"We aim to bring the highest standards of excellence to everything we do, and partnering with Key-Link helps us continue bringing that brand vision to life," said Mark Simmers, Senior Vice President of Sales for Wolf Home Products. "The premium standard met by Key-Link's product offering aligns effortlessly with our long-lasting, extensive portfolio of high-quality building products."
Adding Key-Link's aluminum and cable railings to Wolf Home Products' already strong railing offerings creates an even wider array of quality design options that appeal to homeowners and contractors alike. Wolf Home Products will be distributing Key-Link Fencing & Railing products to the Northeast corridor.
"We are excited to partner with Wolf Home Products to supply their network of dealers with our premium aluminum railing," said Reuben Lapp, Chief Executive Officer of Key-Link Fencing & Railing. "This partnership brings our team members' commitment to quality and innovation to more dealers and installers."
Supporting the trade is a key point of focus for both Wolf Home Products and Key-Link, offering various resources to help professionals succeed such as meaningful product training and education, exclusive marketing tools and more.
In addition to Key-Link Fencing & Railing, Wolf Home Products also distributes a variety of outdoor living products including Wolf Serenity™ Decking and Porch, Wolf Perspective™ Decking, Fiberon Decking, Wolf Railing, Wolf Outdoor Lighting and Wolf Endurance™ outdoor cabinetry. Learn more about Wolf Home Products and find support resources here.
About Wolf Home Products
Wolf Home Products® is an innovator in the building products industry. Transforming homes for more than 175 years, Wolf Home Products has been the preferred home building products brand by families across North America who value the importance of their home and time together to build lasting memories in the spaces they enjoy most. With a vast inventory of kitchen and bath, outdoor living and building products, Wolf Home Products delivers orders in a fraction of the time, ensuring unparalleled value when and where customers need it. Wolf stands behind its service, cultivated with years of business experience into a total satisfaction guarantee. For more information, please visit wolfhomeproducts.com.
About Key-Link™ Fencing & Railing
Located in Central Pennsylvania, Key-Link Fencing & Railing manufactures premium aluminum and fence products designed to create safe, relaxing, and welcoming spaces that promote connections to family, to friends and to nature. For more than 40 years their focus has been providing quality building products using in-house engineering, American manufacturing, and onsite powder-coating facilities.
Contact:
Kelly Bradley
CBD Marketing
Kbradley@cbdmarketing.com
312-661-1050
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https://www.wibw.com/prnewswire/2022/05/17/wolf-home-products-announces-partnership-with-key-link-fencing-amp-railing/
| 2022-05-17T15:19:22Z
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AUSTIN, Texas, July 14, 2022 /PRNewswire/ -- Citizens National Life Insurance Company ("Citizens National"), a subsidiary of Citizens, Inc. (NYSE: CIA) announces its expansion into Texas with its Critical Illness Coverage product. After launching in Florida, Citizens National set its sights on expanding to allow more policyholders to have access to this important coverage product.
Bob Mauldin, President and Chief Marketing Officer of Citizens National shares, "It's exciting news that we are now in Texas, the home of our parent company Citizens, Inc. Our Critical Illness Coverage product is an exceptional product designed to give policyholders coverage where they need it and help supplement their Health insurance. One of the best features is it gives the policyholder the power to decide where to spend it. We are proud to bring this product to Texas and continue to develop products that can help our policyholders."
Citizens National Critical Illness Coverage product pays benefits directly to the policyholder to assist with added expenses in the event of a qualifying critical illness. The Critical Illness Coverage is unique in that a policyholder with a qualifying illness is directly paid benefits and decides where to spend the money – its uses are flexible and can be used for anything from medical deductibles to everyday expenses such as rent, food or childcare.
Citizens National offers an exclusive, customized service with its understanding of the Spanish and Portuguese languages and the Hispanic culture so customers can be confident in making the most informed decisions. The entire customer and agent experience is provided in a choice of Spanish, Portuguese and English languages. Our broad trajectory and experience in the life insurance market in Latin American, along with our excellent digital and customized service, make Citizens National a top option.
To learn more about Citizens National or its products, you can visit, https://www.citizensinc.com/citizens-national
Citizens National Life Insurance Company is a member of the Citizens, Inc. group of life insurance Companies. Citizens National was incorporated in the State of Texas on June 2, 1965 and began transacting business in 1966. CNLIC is licensed in 9 states. The company gains additional financial stability through the long trajectory and strength of its holding company, Citizens, Inc., which adds value to each of our policies by providing state-of-the-art technology systems, strong investment strategies and streamlined operational leadership.
Citizens, Inc. (NYSE: CIA) is a diversified financial services company providing life, final expense, and limited liability property insurance and other financial products to individuals and small businesses in the U.S., Latin America, and Asia. Through its customer-centric growth strategy, Citizens offers innovative products to address the evolving needs of its customers. The company operates two primary segments: Life Insurance, where the Company is a market leader of U.S. dollar denominated whole life cash value insurance policies in Latin America, and Home Services, which operates primarily in the U.S. Gulf coast region. For more information about Citizens, please visit www.citizensinc.com.
For further information contact:
Marketing Department
PR@citizensinc.com
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https://www.wibw.com/prnewswire/2022/07/14/citizens-national-expands-critical-illness-product-texas/
| 2022-07-14T16:07:33Z
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The third and final hotel addition to the Cavalier Resort is set to open as early as February of 2023.
VIRGINIA BEACH, Va., June 29, 2022 /PRNewswire/ -- The all-new Embassy Suites by Hilton Virginia Beach Oceanfront Resort is on pace to open its doors by February of 2023. With its completion, the acclaimed Cavalier Resort will play host to 3 iconic hotels, all on one luxury Resort property located in the prestigious semi-private North End of the Virginia Beach Oceanfront. The hotel's opening is a rare recognition and Virginia Beach will join destinations such as Dorado, Puerto Rico, Scottsdale, Arizona, and Honolulu, Hawaii as one of only twelve Embassy Suites By Hilton locations nation-wide to receive the brand's Resort designation.
The Embassy Suites by Hilton brings an additional 157 luxury hotel suites to the Resort, none of which are street-facing but instead offer sweeping panoramic views of the Atlantic coastline. The oceanfront hotel also provides 10,000 square feet of meeting and event space, making it Virginia Beach's newest premiere Oceanfront destination for events, business meetings and conferences - accommodating event gatherings of up to 300 people in style, and with the exceptional service for which Cavalier Resort has become known. Its picturesque event space is also a welcome addition for the celebrated Cavalier Resort Signature Weddings Team – an idyllic setting for exclusive hosted stays and dream wedding events from engagements and showers to ceremonies and receptions.
Guests of the new hotel will enjoy the Embassy brand's well-known free Made-To-Order Breakfasts and complimentary Evening Receptions. Each of these enhancements are offered daily, providing travelers hot, made-to-order breakfast selections each morning and complimentary light fare and drinks each evening included in their stay (service of alcohol subject to state and local laws. Must be of legal drinking age).
The hotel will offer a host of first-class resort amenities, from indoor and outdoor pools to a 24/7 fitness center, plus two enticing new eateries – including a soon-to-be-famous Taco 'N Tequila Shack and Arbuckle's Bar & Grill. These new food hotspots will bring all-new dining atmospheres to the Resort, including an energetic beachside bite or a sports bar lobby lounge. These will join the Cavalier Resort's lineup of existing top-ranked restaurants that currently hold the top 4 rankings out of over 1,300 in Virginia Beach.
Embassy Suites by Hilton Virginia Beach Oceanfront guests enjoy Resort-wide charging privileges, access to all nine world-class restaurants and eateries, an on-site award-winning distillery and full-service spa, complimentary bike rentals, and daily resort activities. The family-friendly resort hotel will be luxurious, comfortable, and filled with thoughtful first-class amenities. For more information on the Embassy Suites by Hilton Virginia Beach Oceanfront Resort and planning future meetings, events, weddings, or luxury oceanfront stays, visit CavalierResortVB.com/Embassy-Suites.
The Cavalier Resort is a collection of historic and modern hotels, a luxury beach club and private residences offering guests the finest accommodations, signature amenities, resort-wide charging privileges, and unparalleled views of Virginia's coast. Developed and operated by the region's largest hospitality employer, Gold Key|PHR, The Cavalier Resort includes the exquisitely restored Historic Cavalier Hotel and Beach Club, the panoramic Marriott Virginia Beach Oceanfront, and the newest, equally impressive addition, Embassy Suites By Hilton Virginia Beach Oceanfront. The Cavalier Resort's $350MM masterplan has delivered an all-in one destination to the Virginia Beach Oceanfront with a vast collection of 547 guest rooms, over 40 idyllic meeting & event spaces, 6 indoor/outdoor swimming pools, 3 fitness centers, 9 restaurants, an on-site distillery (the first of its kind in the country), and an expansive full-service spa. While the recently restored Historic Cavalier Hotel blends classic southern charm with rich vibrant colors, complemented by elevated services and amenities, its newly constructed counterparts exude a less-formal luxury and contemporary aesthetic inspired buy their prominent beach front location. The three magnificent properties are connected by lush and meticulously manicured lawns, gardens, and outdoor social spaces, creating a one-of-a-kind resort experience, rivaled only by the finest destinations in the world.
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https://www.wibw.com/prnewswire/2022/06/29/cavalier-resort-welcomes-embassy-suites-by-hilton-virginia-beach-oceanfront/
| 2022-06-29T15:06:01Z
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- Conference Call to be Held on April 13, 2022 at 8:00 AM ET -
NEW YORK, April 8, 2022 /PRNewswire/ -- Ever-Glory International Group, Inc. (the "Company" or "Ever-Glory") (NASDAQ: EVK), a retailer of branded fashion apparel and a leading global apparel supply chain solution provider, today announced that the Company will report its Fourth quarter 2021 financial results on April 13, 2022 after the open of trading in the U.S.
The Company's management will host an earnings conference call at 8:00 a.m. Eastern Time on April 13, 2022 (8:00 p.m. Beijing Time on April 13, 2022).
The dial-in details for the conference call are as follows:
- Toll-free dial-in number: +1-800-239-9838
- International dial-in number: 1-323-794-2551
- Conference ID:1990321
The live audio webcast of the call can also be accessed by visiting the investor relations section of Ever-Glory's website at http://www.everglorygroup.com. A replay of the call will be available from 11:00 a.m. Eastern Time on April 13 through 11:59 p.m. Eastern Time on April 20 by calling +1-844-512-2921 or +1-412-317-6671 with pin number 1990321.
About Ever-Glory International Group, Inc.
Based in Nanjing, China, Ever-Glory International Group, Inc. is a retailer of branded fashion apparel and a leading global apparel supply chain solution provider. Ever-Glory is the first Chinese apparel Company listed on the American Stock Exchange (now named as NYSE MKT) in July 2008 and then transferred to The NASDAQ Global Market on December 31, 2015. Ever-Glory offers apparel to woman in China under its own brands "La go go", "Velwin"and "idole" and "Jizhu". Ever-Glory is also a leading global apparel supply chain solution provider with a focus on middle-to-high end casual wear, outerwear, and sportswear brands. Ever-Glory services a number of well-known brands and retail stores by providing a complete set of supply chain management services, including: fabric development and design, sampling, sourcing, quality control, manufacturing, logistics, customs clearance and distribution.
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https://www.wibw.com/prnewswire/2022/04/08/ever-glory-report-fourth-quarter-2021-earnings-april-13-2022/
| 2022-04-08T11:45:12Z
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Family of boy with autism requests cards from strangers for his 9th birthday
ATLANTA, Ga. (WGCL/Gray News) - A Georgia family celebrating an 8-year-old autistic boy’s birthday is asking for people to send him birthday cards after no one showed up to his party last year.
When you are 8 years old, it is important to know that people care about you. Austin has had several birthday parties where no one showed up, and now his mom and aunt are asking for people to help show they care.
Austin’s aunt, Bri Sosebee, told WGCL he turns 9 years old on Sept. 14.
“Last year, he didn’t have anyone show up to his birthday party,” she said.
Sometimes, we all need a reminder that we matter, and that is what Austin’s family is hoping he’ll learn by receiving support from strangers.
“He is a little discouraged that people don’t think of him,” Sosebee said. “He is autistic and doesn’t understand.”
Austin’s mom, Amber Sosebee, said he is a playful but sometimes moody kid with a big heart.
His aunt said he’s had a rough time.
“People tend to bully him at school, no one wants to show up to any of his events,” Bri Sosebee said. “Every kid deserves to be loved and he deserves to have friends show up.”
This year, the family is doing something different. They’re asking total strangers to write and send birthday cards to Austin.
“Maybe a few birthday cards and he would realize there are others who actually want to send him something, who actually care,” Bri Sosebee said.
Austin’s family said he loves Spider-Man, sharks, Minecraft and football.
If you would like to make Austin’s birthday extra special this year you can send birthday cards to 7830 Smith Farm Road, Cumming, GA, 30028.
Copyright 2022 WGCL via Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/09/04/family-boy-with-autism-requests-cards-strangers-his-9th-birthday/
| 2022-09-04T18:15:34Z
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With Russian hopes for storming Kyiv and other major cities in northern Ukraine dashed by stiff resistance, Moscow has refocused its efforts on the country’s east, seeking to make gains there and use them to dictate its terms in talks on ending the conflict.
The Russian troops are preparing for a massive offensive in Ukraine’s eastern industrial heartland known as the Donbas, and the coming weeks could determine the outcome of the war.
A look at the shift in the Russian strategy and its possible consequences.
A STALLED BLITZ
When Russian forces invaded Ukraine from the north, east and south on Feb. 24. President Vladimir Putin counted on a quick victory, similar to its 2014 annexation of Ukraine’s Crimean Peninsula.
The Russian troops that pushed into Ukraine from Moscow’s ally Belarus quickly reached the outskirts of Kyiv, only 75 kilometers (47 miles) south of the border, but they got bogged down facing Ukrainian defenses.
After the failed attempts to storm the capital and other big cities in the north, Russian forces tried to encircle and pummel them with artillery and airstrikes. The relentless barrages led to massive civilian casualties and damaged infrastructure, but didn’t weaken Ukraine’s resolve. Ukrainian forces, meanwhile, successfully used artillery and drones against Russian convoys that stretched for dozens of kilometers (miles) along highways outside Kyiv. That created massive logistical problems for the Russians.
A SHIFT IN STRATEGY
On March 29, Russia announced a drastic change in strategy, saying it would scale down military activities around Kyiv and Chernihiv, focusing instead on the “liberation” of Donbas.
A quick withdrawal from areas in the north and northeast followed, with forces pulling back to Belarus and Russia for rest and resupply.
Moscow sought to put a positive spin on what Ukrainian and Western officials described as the failure of the offensive. Russia said the action in the north was intended to tie down and weaken Ukrainian forces there and prevent them from joining troops engaged in the fighting in the east.
REDEPLOYMENT AND REGROUPING
Observers said it could take Russian troops several weeks for the troops to rest, resupply and regroup before they could launch a new attack in the east.
“Many Russian units withdrawing from northern Ukraine are likely to require significant re-equipping and refurbishment before being available to redeploy for operations in eastern Ukraine,” a tweet from the British Ministry of Defence said.
Some Western estimates said nearly a quarter of Russian units involved in the fighting had been rendered unfit for further action and would need long reequipment and resupply before being sent back into combat.
“They will be remanned because they have lost a lot of troops in the different units,” NATO Secretary-General Jens Stoltenberg said. “They will be rearmed because they have used a lot of ammunition and they will be resupplied … to launch a new big offensive.”
FORTRESS EAST
The separatist conflict in eastern Ukraine, home to a mostly Russian-speaking population, began in 2014 shortly after the annexation of Crimea and has killed over 14,000 people. The fighting has tempered Ukrainian forces, which have gained ample combat experience and built multilayered defenses along the line of contact.
Those efforts paid off at the start of the Russian invasion, preventing the separatist forces and Russian troops from making any significant gains there despite far superior firepower.
From the start of the invasion, Moscow’s key goal was to capture the Sea of Azov port of Mariupol to secure a coastal corridor to Crimea. Russian troops have besieged Mariupol for a month, reducing much of the city to rubble with artillery and air raids that killed thousands. So far, however, they have failed to win full control.
RUSSIAN PINCER MOVEMENT
Ukrainian and Western officials say the Russian plan is to encircle tens of thousands of Ukrainian troops in Donbas by moving from Izyum, near Kharkiv in the north, and from Mariupol in the south.
The timing for the offensive depends on how quickly the Russians wrap up the battle for Mariupol and free those forces for the offensive. It also will depend on how much time is needed to resupply and regroup the troops that were pulled back from Kyiv and other areas in the north.
The Washington-based Institute for the Study of War said in an analysis that the Russian troops will likely try to advance from Izyum to capture the strategic city of Slovyansk and link up with other Russian forces in Donbas in what it said “will likely prove to be the next pivotal battle of the war in Ukraine.”
Stoltenberg warned that such an eastward shift by Russia marks a “crucial phase of the war,” saying a further push in eastern and southern Ukraine is expected ”to try to take the entire Donbas and to create a land bridge to occupied Crimea.”
MOSCOW’S VULNERABILITIES
During an eastern offensive, Russian forces will face the same problems that hampered their attack in the north.
Maintaining supply lines over long distances under constant Ukrainian attacks was a key challenge that eventually doomed the blitz on Kyiv and forced Moscow’s retreat. Such an operation in the east could prove just as hard.
The lack of proper cohesion among different forces, the failure to fully suppress Ukrainian air defenses, and the growing popular resistance to the invasion would likely make it difficult for quick Russian gains in the east. As they seek to encircle Ukrainian troops in Donbas, Russian forces could also face attacks on their flanks.
CONDITIONS FOR PEACE
A military success in the east could offer Putin a face-saving exit from the conflict, allowing him to claim that Moscow’s main goals were fulfilled. He could argue that Russia has destroyed the bulk of the Ukrainian military, liquidated the “neo-Nazi nationalist” forces and “liberated” Donbas.
Putin’s conditions for peace, however, include a demand for Ukraine to acknowledge Russia’s sovereignty over Crimea and to recognize the independence of the eastern separatists regions, something that Ukrainian President Volodymyr Zelenskyy has rejected. Zelenskyy said the issues of Crimea and Donbas could be put on hold, but Moscow wants to make them part of a deal now.
TIME AS A FACTOR
Putin badly needs a quick success in the east to find a way out of the conflict that increasingly looks like a quagmire for Moscow. Time is working against Russia, with each day of war worsening the massive economic damage from Western sanctions and draining its limited resources.
A protracted conflict could force the Kremlin to broadly engage the use of poorly trained conscripts, something it has tried to avoid, claiming that it relies squarely on volunteer soldiers. Sending fresh draftees into battle would be highly unpopular and likely fuel public discontent.
Putin’s goal of freeing Ukraine from purported “neo-Nazis” has led some observers to predict that he hopes for quick gains in the east so he can announce a successful end to the campaign by May 9. That’s when Russia celebrates its victory over Nazi Germany in World War II, its most important public holiday.
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Follow AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
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https://cw33.com/news/international/ap-international/explainer-after-failed-kyiv-blitz-russia-focuses-on-east/
| 2022-04-07T23:52:25Z
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Participants Can Enter for a Chance To Win a Three-Night Stay at any Staypineapple Hotel and a Nintendo Switch™ Prize Pack
BELLEVUE, Wash., July 18, 2022 /PRNewswire/ -- Staypineapple, a hospitality company based in the Pacific Northwest, is getting their game on by launching the GOTTA GETAWAY AND PLAY promotion that runs through September 2, 2022, and features a sweepstakes and check-out program.
"We're excited to celebrate summer by creating a memorable experience that combines the fun of playing games on the Nintendo Switch system with a stay at one of our unique boutique hotels," said Steve Allison, Vice President of Revenue and Distribution for Staypineapple.
GOTTA GETAWAY AND PLAY participants can enter for a chance to win one of 10 three-night hotel stays at any Staypineapple Hotel and a Nintendo Switch prize pack. Included in the prize pack is a Nintendo Switch – OLED Model system and download codes for digital versions of the Mario Strikers: Battle League, Animal Crossing: New Horizons, and Mario Kart 8 Deluxe games.
To enter the GOTTA GETAWAY AND PLAY Sweepstakes, entrants can complete the registration form on the contest page at staypineapple.com or visit any Staypineapple hotel and fill out an entry card.
Staypineapple hotel guests also have the opportunity to play while they stay this summer. They can level up their vacation game by checking out a Nintendo Switch – OLED Model system which is the latest member of the Nintendo Switch family of systems. Guests will have the opportunity to check out a system that is pre-loaded with Mario Strikers: Battle League, Kirby and the Forgotten Land, and Mario Kart 8 Deluxe with the Mario Kart 8 Deluxe – Booster Course Pass DLC*.
For full terms and conditions of the GOTTA GETAWAY AND PLAY Sweepstakes and information on the Check-Out Program, please visit staypineapple.com.
*Full version of game required to use DLC. Content will release in 6 waves of 8 courses until the end of 2023.
No purchase necessary. Winners will be announced on or around September 7, 2022. Last Day for entries is
September 2, 2022. Nintendo is not a sponsor, co-sponsor or administrator of this sweepstakes.
About Staypineapple
Staypineapple is a brand of upscale, out-of-the-ordinary boutique hotels in urban markets nationwide, owned and managed by Pineapple Hospitality, based in Bellevue, Wash. Focused on thoughtful service and design, with an uncanny knack for anticipating needs, the dog-friendly hotels wholeheartedly embrace the pineapple's symbol of hospitality and joy. For more information or to make a reservation, visit Staypineapple.com or call (866) 866-7977. Follow Staypineapple on Instagram, Facebook, and Twitter.
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SOURCE Pineapple Hospitality
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https://www.kxii.com/prnewswire/2022/07/18/staypineapple-launches-gotta-getaway-play-promotion/
| 2022-07-18T16:25:33Z
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On “National Cinema Day,” movie tickets are just $3
NEW YORK (AP) — “National Cinema Day” on Saturday brought the big screen to moviegoers for a small price — no more than $3 — as American theaters looked to fill seats during the late summer lull.
The one-day nationwide promotion was being offered on more than 30,000 screens in more than 3,000 theaters, including the major chains of AMC and Regal Cinemas. The Cinema Foundation, a nonprofit arm of the National Association of Theater Owners, announced the plan Aug. 28 and said all major film studios also were participating.
Labor Day weekend is traditionally one of the slowest weekends in theaters.
National Cinema Day is intended to flood theaters with moviegoers and prompt them to return in the fall, inspired by a sizzle reel of upcoming films from A24, Amazon Studios, Disney, Focus Features, Lionsgate, Neon, Paramount, Sony Pictures Classics, Sony, United Artists Releasing, Universal and Warner Bros.
After more than two years of pandemic, movie theaters rebounded significantly over the summer, seeing business return to nearly pre-pandemic levels. Films like “Top Gun: Maverick,” “Minions: Rise of Gru,” “Doctor Strange in the Multiverse of Madness” and “Jurassic World Dominion” pushed the domestic summer box office to $3.3 billion in ticket sales as of Aug. 21, according to data firm Comscore.
But that trails 2019 totals by about 20% as exhibitors have had about 30% fewer wide releases this year. Cineworld, which owns Regal Cinemas, cited the scant supply of major new releases in confirming recent discussions of a Chapter 11 bankruptcy protection filing.
Organizers of National Cinema Day described the event as a trial that could become an annual fixture. While some other countries have experimented with a similar day of cheap movie tickets, the initiative is the first of its kind on such a large scale in the U.S.
“After this summer’s record-breaking return to cinemas, we wanted to do something to celebrate moviegoing,” said Jackie Brenneman, Cinema Foundation president, in an Aug. 28 statement. “We’re doing it by offering a ‘thank you’ to the moviegoers that made this summer happen, and by offering an extra enticement for those who haven’t made it back yet.”
___
Follow AP Film Writer Jake Coyle on Twitter at: http://twitter.com/jakecoyleAP
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/09/03/national-cinema-day-movie-tickets-are-just-3/
| 2022-09-03T17:56:03Z
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RENO, Nev., July 21, 2022 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to provide an update on the underground, advanced-exploration, program at the Company's 100%‑owned McCoy-Cove Property ("McCoy-Cove" or "the Property").
The Cove Mine portal has been collared (see Figure 1 and 2) and more than 300 metres (1,000 feet) of the decline has now been constructed. The Phase 1 program, which is progressing according to plan, will include the construction of an initial level with multiple drill bays to provide access for upgrading resources. Approximately 40,000 metres of underground definition and expansion drilling is anticipated to commence in Q4-2022 followed by a Feasibility Study anticipated to be completed in 2023. The Cove Mine is one of four projects currently being advanced by i-80 and is expected to be a key component in the Company's plans to restart the Lone Tree autoclave.
"The Cove deposit represents one of North America's highest-grade, development-stage, gold deposits with grades in excess of 10 g/t Au", stated Matt Gili, President & COO of i-80. "We are in the process of advancing three high-grade underground mining projects that will ultimately be processed at the Lone Tree Complex. Cove is expected to complement our Granite Creek project, that is expected to enter commercial production later this year and contribute to our plan to be the fastest growing gold producer in Nevada."
Table 1 – McCoy Cove Resource
The McCoy-Cove Property is strategically located approximately eighty-four kilometres south (by road) of the Company's Lone Tree Complex and immediately south of Nevada Gold Mines' Phoenix Mine within the Battle Mountain-Eureka Trend (see Figure 3). The Property is accessed via all-season road from Highway 55 in Nevada.
Tim George, PE, Mine Operations Manager, reviewed the technical and scientific information contained in this press release and is a Qualified Person within the meaning of NI 43-101.
i-80 Gold Corp. is a well-financed, Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of multiple deposits within the Company's advanced-stage property portfolio with processing at i-80's centralized milling facility that includes an autoclave.
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to, the expansion or mineral resources at McCoy-Cove and the potential of the McCoy-Cove Property. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to: material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
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SOURCE i-80 Gold Corp
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https://www.mysuncoast.com/prnewswire/2022/07/21/i-80-gold-provides-update-underground-development-program-mccoy-cove/
| 2022-07-21T11:09:20Z
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HOUSTON, July 14, 2022 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.0933 and an additional dividend of $0.02 per share for each of July, August and September, totaling $0.34 per share in the aggregate for the third quarter of 2022. The regular dividend of $0.28 per share in the aggregate will be paid in addition to an additional dividend of $0.06 per share for an aggregate total of $0.34 per share to shareholders of record in July, August, and September 2022.
Summary of Third Quarter 2022 Regular Monthly Dividends
Summary of Third Quarter 2022 Additional Monthly Dividends
The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien, second lien, unitranche and mezzanine debt financing, and corresponding equity investments. The Company's investment activities are managed by its investment adviser, Stellus Capital Management. To learn more about Stellus Capital Investment Corporation, visit www.stelluscapital.com under the "Public Investors" link.
Statements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contacts
Stellus Capital Investment Corporation
W. Todd Huskinson, (713) 292-5414
Chief Financial Officer
thuskinson@stelluscapital.com
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SOURCE Stellus Capital Investment Corporation
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https://www.kxii.com/prnewswire/2022/07/14/stellus-capital-investment-corporation-announces-034-third-quarter-2022-regular-additional-dividends-payable-monthly-increments-01133-august-september-october-2022/
| 2022-07-14T10:22:05Z
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-- Public Offering of 7,000,000 Shares of Common Stock for Gross Proceeds of $112 Million --
REDWOOD City, Calif., June 15, 2022 /PRNewswire/ -- Arcellx, Inc. (NASDAQ: ACLX), a biotechnology company reimagining cell therapy through the development of innovative immunotherapies for patients with cancer and other incurable diseases, today announced the pricing of an upsized underwritten follow-on offering of 7,000,000 shares of common stock at a price to the public of $16.00 per share. The offering was upsized to 7,000,000 shares of Arcellx's common stock from the original offering size of 4,000,000 shares. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Arcellx, are expected to be $112 million. In addition, Arcellx has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of common stock on the same terms and conditions. The offering is expected to close on June 21, 2022, subject to the satisfaction of customary closing conditions. All of the shares in the proposed offering will be sold by Arcellx.
BofA Securities, SVB Securities, William Blair and Canaccord Genuity are acting as joint book-running managers for the offering.
Registration statements relating to the offering have been filed with the Securities and Exchange Commission and became effective today. The offering is made only by means of a prospectus, copies of which may be obtained, when available, from: BofA Securities, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus_requests@bofa.com; or SVB Securities LLC, Attention: Syndicate Department, 53 State Street, 40th Floor, Boston, Massachusetts 02109, by telephone at 1-800-808-7525, ext. 6105, or by email at syndicate@svbsecurities.com. William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, by telephone at 1-800-621-0687, or by email at prospectus@williamblair.com; or Canaccord Genuity LLC, Attention: Syndicate Department, 99 High Street, 12th Floor, Boston, MA 02110, or by telephone at (617) 371-3900, or by email at prospectus@cgf.com. Copies of the final prospectus, when available, related to the offering will be available at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
Arcellx, Inc. is a clinical-stage biotechnology company reimagining cell therapy by engineering innovative immunotherapies for patients with cancer and other incurable diseases. Arcellx believes that cell therapies are one of the forward pillars of medicine and Arcellx's mission is to advance humanity by developing cell therapies that are safer, more effective, and more broadly accessible. Arcellx's lead product candidate, CART-ddBCMA, is being developed for the treatment of relapsed or refractory multiple myeloma (r/r MM) in an ongoing Phase 1 study. CART-ddBCMA has been granted Fast Track, Orphan Drug, and Regenerative Medicine Advanced Therapy designations by the U.S. Food and Drug Administration.
Arcellx is also advancing its dosable and controllable CAR-T therapy, ARC-SparX, through two programs: a Phase 1 study of ACLX-001 for r/r MM, initiated in the second quarter of 2022; and ACLX-002 in relapsed or refractory acute myeloid leukemia and high-risk myelodysplastic syndrome, expected to enter the clinic in the second half of 2022.
This press release contains 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. All statements in this press release that are not purely historical are forward-looking statements. The forward-looking statements contained herein are based upon Arcellx's current expectations and involve assumptions that may never materialize or may prove to be incorrect. These forward-looking statements are neither promises nor guarantees and are subject to a variety of risks and uncertainties, including risks that may be found in the section entitled "Risk Factors" in documents that Arcellx files from time to time with the Securities and Exchange Commission and in the Form S-1 for this offering, as filed with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this press release, and Arcellx assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
For more information, please contact:
Myesha Lacy
Arcellx, Inc.
mlacy@arcellx.com
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SOURCE Arcellx, Inc
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https://www.wibw.com/prnewswire/2022/06/16/arcellx-announces-upsizing-pricing-follow-on-public-offering/
| 2022-06-16T03:30:16Z
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AFRICAN WILDLIFE FOUNDATION CHOOSES ENGAGING NETWORKS WITH MIGRATION SUPPORT FROM ZURI GROUP
WASHINGTON, May 17, 2022 /PRNewswire/ -- Zuri Group is pleased to announce that they have signed a contract with African Wildlife Foundation, marking their 100th client on Engaging Networks! Since Zuri Group was founded in 2007, the nonprofit technology firm has supported 72 Big Brothers Big Sisters affiliates and 28 other nonprofit organizations across the United States and Canada with email support, campaign strategy, custom development, and peer-to-peer campaigns. Additionally, they have led seven organizations through full eCRM migrations to Engaging Networks.
"Engaging Networks is a valuable fundraising system, and we are thrilled to have played a part in advancing over 100 organization's missions using Engaging Networks," said Molly Kelly, President, Digital Solutions at Zuri Group. "Even as a fully certified partner, we are learning new ways to extend and maximize the value of the software for our clients. As Engaging Networks is always creating new features, we look forward to expanding the boundaries of advocacy and fundraising even further."
"We're very excited to welcome African Wildlife Foundation to our growing Engaging Networks client community," said Clint O'Brien, President and COO, Engaging Networks. "Our longtime esteemed partner Zuri Group already had lots of experience working with our clients. Now the Zuri team has also completed our rigorous accreditation program to further deepen and prove their knowledge of our tools - including the latest Engaging Networks product releases and innovations. We've greatly enjoyed working alongside the Zuri Group team and look forward to continuing our partnership for years to come."
Zuri Group has worked with Engaging Networks as an accredited partner since 2019. In that time, they have partnered to support organizations like Big Brother Big Sisters, The Nature Conservancy, Humane Society of the United States, Holland Bloorview Kids Rehabilitation Hospital, Mercy Home for Boys & Girls, and many more
About Zuri Group: Zuri Group provides strategic and technology consulting to nonprofit organizations through thoughtful planning and hands-on expertise. They help clients leverage technology to raise more money, build better relationships, and drive data-informed decisions, ultimately propelling nonprofits to reach goals and expand their missions. Learn more about Zuri Group here.
About Engaging Networks: Engaging Networks is an innovative digital engagement technology platform with the ability to fully adapt to a nonprofit's fundraising and advocacy needs. Engaging Networks proudly works with a variety of incredible organizations such as The Humane Society of the United States, The Nature Conservancy, Human Rights Campaign, PETA and Amnesty International USA. Today, they have two offices in Washington, D.C. and London, and serve more than 400 nonprofits in more than 50 countries around the world.
The Accredited Partner program enables Engaging Networks to forge trusted relationships with external agencies that serve mutual clients. These partnerships are mutually beneficial and ensure that clients can make the most out of the Engaging Networks toolset. To learn more, visit engagingnetworks.net/accredited-partner-program.
MEDIA CONTACTS
(Executive interviews available upon request)
Amy Harney
Zuri Group
amy@zurigroup.com
Austin Dressman
Marketing Manager
Engaging Networks
austin@engagingnetworks.net
859-743-7674
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SOURCE Engaging Networks
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https://www.kxii.com/prnewswire/2022/05/17/zuri-group-announces-100th-engaging-networks-client/
| 2022-05-17T17:58:31Z
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HARTFORD, Conn., Sept. 8, 2022 /PRNewswire/ -- Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced the following monthly distributions:
The Fund previously announced the following monthly distribution on June 7, 2022:
Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
The Fund provided this estimate of the sources of the distributions:
Information regarding the Fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund's NAV and not the market price of the Fund's shares. Performance figures are not meant to represent individual shareholder performance.
The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.
Virtus Artificial Intelligence & Technology Opportunities Fund is a diversified closed-end fund that seeks to provide total return through a combination of current income, current gains, and long-term capital appreciation. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company's debt and equity in order to offer an attractive risk/reward profile. Virtus Investment Advisers, Inc. is the investment adviser to the Fund and Voya Investment Management is its subadviser.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the end of this press release.
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SOURCE Virtus Artificial Intelligence & Technology Opportunities Fund
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https://www.kxii.com/prnewswire/2022/09/08/virtus-artificial-intelligence-amp-technology-opportunities-fund-announces-distributions-discloses-sources-distribution-section-19a-notice/
| 2022-09-08T22:52:01Z
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Lawrence woman to pay $7K+ for fraudulent Medicaid claims
LAWRENCE, Kan. (WIBW) - A Lawrence woman will pay more than $7,000 to the AG’s Office and the state Medicaid program after she claimed she was caring for her beneficiary son while she was working as a nurse in an ER instead to fraudulently gather benefits.
Kansas Attorney General Derek Schmidt says on Tuesday, Aug. 23, Terri Lisa Schwager, 56, of Lawrence was ordered to repay the Kansas Medicaid program more than $5,000 for filing false billing claims.
AG Schmidt said Schwager agreed to a consent judgment approved by Douglas Co. District Judge Mark Simpson on Aug. 19. He said Schager agreed to repay the program a total of $5,085.62 in fines and $2,700.35 for investigative costs incurred by the Medicaid Fraud and Abuse Division of the AG’s office.
Schmidt noted that investigators found Schwager served as a personal care attendant for her adult son, who is a Medicaid beneficiary. The investigation found between Jan. 1, 2018, and March 31, 2022, she had provided her confidential user information to her son who logged into the app 91 times to indicate his mother was giving him the help he needed.
However, investigators found that Schwager was instead working as an emergency room nurse in Olathe at the time the claims were logged.
Schmidt noted that the case was litigated by Senior Assistant Attorney General Eve Kemple of his office.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/08/23/lawrence-woman-pay-7k-fraudulent-medicaid-claims/
| 2022-08-23T18:13:25Z
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Alight Responds With Smart Water Aid as Severe Drought Threatens Famine in Ethiopia, Kenya and Somalia
MINNEAPOLIS, July 5, 2022 /PRNewswire/ -- As The Horn of Africa experiences one of its most severe droughts in recent history, with famine looming, global humanitarian organization, Alight has announced a three-country response, sending teams along the Kenyan-Ethiopian-Somali border to help communities mitigate the impact of severe drought and introduce 'smart water' techniques to individual families.
The UN Office for the Coordination of Humanitarian Affairs (OCHA) estimates that between 15-16 million people are waking each day to high levels of food insecurity and rising malnutrition. About 5.7 million children are acutely malnourished, with numbers expected to rise if rains fail in the coming weeks.
"Families are taking desperate measures to survive, with thousands leaving their homes in search of food, water, and pasture, increasing the risk of conflict and putting more pressure on already-limited basic services," says Alight CEO, Jocelyn Wyatt. "Establishing a 'smart water' approach in the region will help to relieve some of that risk while working with the community to not only produce vital streams of water, but educate them on how to continue the process on their own, setting them up for future needs."
The 'smart water' approach involves establishing a roofed water catchment system, along with drinking water access through reinforced concrete high-rise water tanks, tap stands, wash pads (where people can wash clothes and linens) and livestock troughs. Alight will also help families set up kitchen gardens (small plots of family property) as well as training for drip irrigation.
Alight's intervention will also provide immediate access to safe water for about 6,200 drought-affected households in the region. Along with emergency water trucking and fuel subsidies for boreholes, teams will rehabilitate shallow wells, construct water kiosks and animal troughs, and promote best-practices for hygiene in schools, a critical piece when water shortages are prevalent.
Alight plans to replicate and scale these efforts to reach people throughout the entire region. For more information on Alight's efforts and ways to donate, please visit wearealight.org or click here.
In commemoration of World Refugee Day 2022, Alight hosted an in-depth discussion with Refugee and Migration Expert and Climate Refugees Founder/Executive Director Amali Tower addressing the major impact climate change has on displacement and how it directly affects the communities in which Alight serves. To watch the discussion, please click here.
Established in 1978 by founder Neal Ball, Alight, formerly known as American Refugee Committee, provides health care, clean water, shelter, protection and economic opportunities to more than 3.5 million people in over 20 countries each year. Alight believes in the incredible creativity, potential and ingenuity of the displaced and works to shine a light on their humanity, the tremendous amount of good that's already happening and the possibilities to do more. In 2021, Alight received the prestigious 4-Star Rating from Charity Navigator for the eleventh consecutive year, celebrating more than a decade of impactful work.
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SOURCE Alight
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https://www.wibw.com/prnewswire/2022/07/05/global-humanitarian-organization-alight-launches-drought-relief-response-horn-africa/
| 2022-07-05T14:42:38Z
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