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NEW YORK, July 27, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Tupperware Brands Corporation.
Shareholders who purchased shares of TUP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: November 3, 2021 to May 3, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 15, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/tupperware-brands-corporation-loss-submission-form-2/?id=30245&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TUP during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 15, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.mysuncoast.com/prnewswire/2022/07/27/shareholder-alert-gross-law-firm-notifies-shareholders-tupperware-brands-corporation-class-action-lawsuit-lead-plaintiff-deadline-august-15-2022-nyse-tup/
| 2022-07-27T10:44:26Z
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BEVERLY HILLS, Calif., July 8, 2022 /PRNewswire/ -- Buscar Company (OTC PINK: CGLD). In June 2022, Eon Discovery Inc., (the wholly-owned subsidiary of Buscar Company) contracted VESTRA Resources, Inc. to assist in finalizing the Company's Plan of Operations submitted to the US Forest Service. VESTRA Resources was hired to complete and submit the documents required by the California Regional Water Quality Control Board (RWQCB). This was the remaining step in the Company's Plan of Operations. Vestra personnel identified the areas of concern by the RWQCB and through discussions with Eon Discovery personnel were able to make the changes to the Plan of Operations to address and satisfy those concerns. The revised Plan of Operations and transmission letter were sent to the RWQCB on June 27th and a response is expected within the next few weeks. This will lead to finishing the requirements for the Plan of Operations approval by the Forest Service.
ABOUT BUSCAR COMPANY: The Company is a mining operation that holds the rights to ten gold mining claims at Treasure Canyon located in Plumas County, California. More recently, the company has also acquired thirty additional claims in the Bucks Lake area of Northern California. Combined, the Company has a total of 800 acres of unpatented claims in Plumas National Forest, California.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are "forward-looking statements." Actual results could differ from those projected in any forward-looking statements due to numerous factors. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development, or production, general economic conditions, and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate.
SOURCE Buscar Company
View original content:
SOURCE Buscar Company
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https://www.wibw.com/prnewswire/2022/07/08/updating-progress-plan-operation/
| 2022-07-08T14:50:19Z
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MIAMI GARDENS, Fla. (AP) — Spanish fans brought plenty of their nation’s flags to Hard Rock Stadium on Sunday, thrusting them into the air whenever things were going well for Carlos Alcaraz.
He kept them busy, all the way to the end.
Spain finally has a Miami Open men’s champion: an 18-year-old who wasn’t even in the top 100 of the world rankings at this time a year ago and now heads into the clay-court season arguably playing as well as anyone. Alcaraz, the No. 14 seed, shook off a slow start to beat sixth-seeded Casper Ruud of Norway 7-5, 6-4 in Sunday’s final.
“I love Miami,” Alcaraz said.
The melting pot city of Miami — with its massive Spanish-speaking community — loved him back, and Alcaraz said that made a big difference throughout his two-week stay.
“I felt like I was home from the first minute I began playing,” Alcaraz said.
He became the youngest champion in Miami Open history — Novak Djokovic was 19 when he won the tournament, then the NASDAQ-100 Open, for the first time — and picked up $1,231,245 for the victory, nearly doubling his career earnings with one check.
The shot-making ability from the Spanish teen was on full display: daring drop shots in tense situations, deft touch at the net when needed, raw power from the baseline when warranted. Alcaraz often would look to his team in the stands and give a joyous yell or a knowing fist-pump, clearly feeling more comfortable as the afternoon went along.
Among those there with him: his coach, Juan Carlos Ferrero. He had been away while mourning the death of his father, but made it back to Miami in time for the final. And when the match was over, Alcaraz hopped into the stands to give Ferrero his first hug as a Miami champion, as his coach wiped away tears.
“It’s pretty amazing to share this with you,” Alcaraz told Ferrero.
There had been four other Spanish men to make the final at what now is called the Miami Open — the tournament has changed names a few times over the years — over the last quarter-century. Sergi Bruguera was the first, in 1997. Carlos Moya was next, in 2003. David Ferrer got there in 2013 and the best player of them all, Rafael Nadal, made it to the Miami final in 2005, 2008, 2011, 2014 and 2017.
They all lost. Every time.
Alcaraz ended the drought and did so with authority.
He ripped a crosscourt forehand for a double-break lead of 3-0 in the second set. Ruud broke back for 3-1, and had a chance at setting up another breaker late in the set.
With Alcaraz hitting a second serve at 4-3, 30-30, Ruud guessed the incoming ball’s path correctly and ran around his backhand to try what would have been a down-the-line winner. He put it just wide, and a point later Alcaraz was up 5-3. Before long, it was over.
“You’re such a good player already,” Ruud told Alcaraz during the trophy ceremony. “You’re so young and if you continue like this you will stand there many more times. I’m sure of it.”
Alcaraz lost one set in six matches in Miami, improved to 18-2 overall this year and became the third-youngest winner of any ATP Masters 1000 series event — which goes back to 1990. The only younger winners: Michael Chang, and Nadal.
Impressive company.
“For me, he’s one of the top four people that you have to talk about at every major now, along with Djokovic, Nadal and (Daniil) Medvedev,” raved tennis great Martina Navratilova on Tennis Channel after the match. “He’s the fourth one, for me.”
Rankings-wise, both Ruud and Alcaraz leave Miami better than ever. Ruud is expected to climb one spot to a career-best No. 7 in the world when the computer numbers are updated Monday; Alcaraz will be a career-best No. 11.
For Ruud, the rise has been steady. He was No. 26 in the world after Miami last year.
For Alcaraz, the rise has been meteoric. He was ranked No. 133 at this time a year ago.
But he made big jumps — getting to the third round of last year’s French Open as a qualifier pushed him into the top 75, making the U.S. Open quarterfinals got him into the top 50, winning a tournament in Rio de Janeiro in February got him into the top 20, and he leaves Miami flirting with the top 10.
“You’re a great champion … and I hope you return for many years to the Miami Open,” tournament director James Blake told Alcaraz after the match, apologizing for the quality of his Spanish.
The scoreboard needed no translation.
In any language, Alcaraz was the best in Miami.
___
More AP tennis: https://apnews.com/hub/tennis and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/vamos-carlos-alcaraz-gives-spain-a-miami-open-mens-winner/
| 2022-04-03T23:40:38Z
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SAN DIEGO (AP) — Leonard Ignelzi, whose knack for being in the right place at the right time produced breathtaking images of Hall of Fame sports figures, devastating wildfires and other major news over 37 years as photographer for The Associated Press in San Diego, has died. He was 74.
Ignelzi died Friday in Las Vegas of cerebral amyloid angiopathy, a condition associated with frequent strokes and other neurological issues, according to his wife, Bobbi.
Known as Lenny, he was a highly versatile photojournalist whose biggest passions were sports and breaking news. Few people, if any, have attended more Padres baseball or Chargers football games, yet he found fresh angles with each assignment until retiring in 2016.
Ignelzi hid in bushes during a gunman’s assault on a McDonald’s restaurant in San Diego that killed 21 people in 1984. His images of the U.S.-Mexico border showed San Diego’s transformation from dominant corridor for illegal crossings to fortress of razor-topped walls and stadium lights.
His indelible wildfire images include one of firefighters standing awestruck on a grassy plain in San Diego in 2003 as giant plumes filled the sky and advanced toward them. Ignelzi raced downhill to transmit from his car because phone towers in the area had been destroyed.
Some of his most memorable work was in sports: Tiger Woods’ tying putt in the 2008 U.S. Open that led to his epic win, Magic Johnson celebrating with the original “Dream Team” at the 1992 Summer Olympics and careers of the Padres’ Tony Gwynn and Trevor Hoffman and the Chargers’ Dan Fouts.
Deep knowledge, a tireless work ethic and fierce determination were ingredients of his success. Sally Buzbee, executive editor of The Washington Post, said Ignelzi “had the best gut news instincts of anyone I ever worked with.”
“He knew instantly what was important, how to chase it, how to get it, how to show it and tell it,” said Buzbee, who worked with Ignelzi as AP’s San Diego correspondent in the 1990s and was AP’s executive editor from 2017 to 2021. “And he was insanely, fabulously, over-the-top competitive. I learned a huge amount just watching him work, seeing how he attacked stories.”
J. David Ake, assistant managing editor and director of photography at the AP, echoed that sentiment. “More than just a natty-dressed, cigar-smoking, photographer extraordinaire, he was one heck of a newsperson. He knew his town, he knew the story, and he knew how to tell it with a camera,” Ake wrote to AP staff.
Ignelzi disliked that some of his best photos portrayed human suffering.
“Maybe that’s why sports is a good thing, in that it’s more positive,” Ignelzi said in a career retrospective on San Diego’s KPBS-TV in 2014. “I mean, one team loses but it’s sports. It’s not the end of the world.”
Ignelzi never hesitated to speak his mind, especially if someone or something got in the way of a photo he wanted. Despite a sometimes gruff exterior, he was known for generosity and kindness.
For decades, Ignelzi organized an annual golf tournament to raise money for people with disabilities, inspired by a friend whose daughter has Down syndrome. Hoffman, the former Padres closer who signed photographs for the charity auction, said Ignelzi always thought about others.
Ignelzi keenly anticipated what might happen on and off the field. He captured a scuffle near the players’ garage in 2013 after sensing a brawl during a game between the Padres and Los Angeles Dodgers might lead to a post-game confrontation.
Bruce Bochy, who played for the Padres and managed the team from 1995 to 2006, said Ignelzi was a good friend with deep baseball knowledge. Ignelzi taught him to play golf.
“He spent some time with me because he loved it and he was a good golfer. He finally told me, ‘I’m beginning to think you’re uncoachable,’” said Bochy, who managed the San Francisco Giants to three World Series titles.
Fouts, the Chargers’ quarterback during the Air Coryell era of the 1970s and 1980s, recalled flipping his middle finger at Ignelzi while stretching in practice because he felt his privacy was invaded. Rick Smith, the Chargers’ public relations boss at the time, hung Ignelzi’s picture of the moment in his office. Fouts and Ignelzi later laughed about it.
“The fact it was such a special time not just for us players but for our fans and the city, and to have it recorded and saved by such a great photographer, makes it special,” Fouts said.
Ignelzi is survived by his wife, Bobbi, whom he met when they worked together at the Las Vegas Review-Journal, and sisters Lucy Whiting and Rosemary Thuet and their families. He was preceded in death by a brother, Joseph.
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https://cw33.com/sports/ap-sports/leonard-ignelzi-renowned-ap-photographer-dies-at-74/
| 2022-05-04T16:57:44Z
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RICHMOND, BC, April 19, 2022 /PRNewswire/ -- Edifier is a three-time winner of this year's iF DESIGN AWARD, the world-renowned design prize. The winning products, MC500, MP500+ and MP100 Plus, won in the discipline of Audio and the categories Portable Bluetooth Speaker, Live Streaming Sound Equipment and Microphone respectively. Each year, the world's oldest independent design organization, Hanover-based iF International Forum Design GmbH, organizes the iF DESIGN AWARD.
The MC500, MP500+ and MP100 Plus won over the 132-member jury, made up of independent experts from all over the world, with their groundbreaking advancements in consumer technology.
The MC500 – Edifier's first foray into live-streamer accessories –– combines an inbuilt mixer and sound card with a host of features and aesthetically pleasing, robust design.
The MP500+ has a compact and portable design and comes with a diaphragm microphone fitted with a crystal-clear cardioid pickup, three-level reverb control (including dry/wet settings) and built-in headphone output monitors.
The MP100+ is a fashionable Bluetooth speaker developed for young people who like outdoor activities and features an eye-catching style, a durable, lightweight casing and IPX7 water resistance.
The competition was intense: almost 11,000 entries were submitted from 57 countries in hopes of receiving the seal of quality.
More information about MC500, MP500+ and MP100 Plus can be found in the "Winners & Ranking" section on www.ifdesign.com and the brands entry profile at
https://bit.ly/3KM4GVi
About Edifier:
Edifier specializes in the design and manufacture of premium audio solutions that showcase technological innovation and design excellence. Founded in 1996 and headquartered in Beijing, China, Edifier delivers outstanding sound experience through a wide range of audio systems for personal entertainment and professional use. Renowned for its award-winning design philosophy, expertise and innovation in acoustic technology, and superior manufacturing standards, Edifier is one of today's leading innovators of audio electronics.
More information about Edifier is available online at www.edifier.com
About the iF DESIGN AWARD:
Since 1954, the iF DESIGN AWARD has been recognized as an arbiter of quality for excellent design. The iF Design brand is renowned worldwide for outstanding design services, and the iF DESIGN AWARD is one of the most important design prizes in the world. It honors design achievements in all disciplines: product, packaging, communication and service design, architecture and interior architecture as well as professional concept, user experience (UX) and user interface (UI). All award-winning entries are featured on www.ifdesign.com and published in the iF Design App.
Media Contact:
Cedric Liu
Edifier International Limited
zy_liu@edifier.com
+86 (010) 8267 6688 ext 262
View original content to download multimedia:
SOURCE Edifier
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https://www.wibw.com/prnewswire/2022/04/20/edifier-is-three-time-winner-if-design-award-2022/
| 2022-04-20T06:31:06Z
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At 4006 Highway 17 South
NORTH MYRTLE BEACH, S.C., Sept. 8, 2022 /PRNewswire/ -- BenchMark Physical Therapy opened an outpatient clinic on Wednesday at 4006 Highway 17 South.
The Barefoot Landing clinic, as it is known, is open 7 a.m. to 4 p.m. Monday, Wednesday and Friday and 9 a.m. to 6 p.m. Tuesday and Thursday. To make an appointment, call 843-654-6333 or visit benchmarkpt.com.
BenchMark offers outpatient orthopedic physical therapy, including manual therapy, injury prevention, return to performance and total joint replacement programs.
Clinic director Paul Vojtek earned a doctor of physical therapy degree from Gannon University. He is residency trained and certified as an orthopedic clinical specialist.
Vojtek is a manual therapist and is certified in dry needling for the spine and extremities.
Benchmark's other area clinics include North Myrtle Beach, Ocean Isle, Myrtle Beach-Grande Dunes, Shallotte, Myrtle Beach-Carolina Forest, Bolivia-Southport and Conway, among more than 30 locations in South Carolina.
BenchMark, part of the Upstream Rehabilitation family of clinical care, offers access to care within 24 hours and works with all insurance types.
View original content to download multimedia:
SOURCE Upstream Rehabilitation
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https://www.mysuncoast.com/prnewswire/2022/09/08/benchmark-physical-therapy-opens-barefoot-landing-outpatient-clinic-north-myrtle-beach-sc/
| 2022-09-08T18:14:41Z
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DALLAS (KDAF) — Though the health benefits of quitting smoking are priceless, that still is not enough to get most smokers to quit. According to a new survey, the price of cutting smoking is closer to $9,000.
Oklahoma Smokes recently did a survey asking smokers how much they needed to be paid to quit smoking. Survey analysts asked about 3,500 participants across the U.S. what their price would be and whether smoking made them feel shunned by their peers.
In Texas, the average amount smokers would need to be paid in order to quit the habit was $8,917. 19% of Texas smokers said they feel ostracized by their peers and family for smoking.
For more information on the study, visit itsoklahomas.com.
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https://cw33.com/news/local/how-much-would-it-take-a-texas-smoker-to-quit-the-habit/
| 2022-04-07T23:18:55Z
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ALBANY — The city of Albany and officials with the Southwest Georgia Regional Airport are looking for volunteers to bleed for their city ... or at least pretend to.
The Albany-based airport will hold a full-scale disaster drill at its facilities on Newton Road and at Phoebe Putney Memorial Hospital on April 27 (rainout date April 28). This exercise is intended to allow first responders who would respond to an aircraft accident at the Southwest Georgia Regional Airport to test their skills, discover and improve on response deficiencies, and prepare mentally for their necessary emergency response requirements while in a controlled environment.
That’s where the “bleeding” volunteers come in.
With the nature of this exercise involving a “mass casualty event”, as a volunteer, you may be exposed to traumatic and explicit visual and auditory simulations of what an aircraft accident could look and sound like. This involves elements such as simulated blood and gore, profane language, dramatized emotional responses involving death or injury to family members, loud noises and sirens, burning smells and allergens (primarily for latex, grasses, and outdoor elements).
In addition to these experiences, airport officials say volunteers participating as “casualties” may be asked to sit, stand and/or lay down for long periods of time, both inside a non-functioning aircraft fuselage, and/or outside exposed to weather elements. Volunteers for this event also may be physically touched and moved by first responders to simulate their emergency response activities. Reasonable accommodations will be made for volunteer requests to the best of the airport’s abilities, and volunteers who feel uncomfortable with these situations may discontinue participation at any time.
The airport will provide items such as first aid, bug spray, sunscreen, and snacks/water throughout the exercise to volunteers (with contributions from the American Red Cross and Dougherty County EMS), as well as providing lunch for all participants at the conclusion of the exercise.
Photos and video may be taken of participants and used by responding agencies in a variety of media distributions. By volunteering for the exercise, individuals acknowledge and understand the elements to which they may be exposed and agree to hold harmless the city of Albany, the Southwest Georgia Regional Airport, and all participating emergency response agencies for reasonable actions related to their roles in the exercise.
Volunteers under the age of 18 must have signed permission of a parent or guardian before being allowed to participate.
To volunteer or obtain more information, contact scookson@albany.ga.
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https://www.albanyherald.com/local/southwest-georgia-regional-airport-seeks-volunteers-for-disaster-drill/article_69eab724-be6e-11ec-8496-970b76e481a3.html
| 2022-04-17T21:55:14Z
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Russia pounds Odesa as civilian bodies uncovered elsewhere
ZAPORIZHZHIA, Ukraine (AP) - Russia pounded away at Ukraine’s vital southern port of Odesa, Ukrainian officials said Tuesday, as they announced they found the bodies of 44 civilians in the rubble of a building in the northeast that was destroyed weeks ago.
Meanwhile, a Ukrainian official said that at least 100 civilians remain trapped at a steel mill in the besieged city of Mariupol, where Ukrainian fighters are making a last stand.
The 44 bodies were found in a five-story building that collapsed in March in Izyum, about 120 kilometers (75 miles) from the city of Kharkiv, which has been under sustained Russian attack since the beginning of the war in late February.
“This is another horrible war crime of the Russian occupiers against the civilian population!” said Oleh Synehubov, the head of the regional administration, in a social media message announcing the deaths.
Izyum lies on a key route to the eastern industrial region of the Donbas, now the focus of Russia’s war in Ukraine. Synehubov did not say specifically where the building was.
Earlier, the Ukrainian military said Russian forces fired seven missiles a day earlier from the air at the crucial Black Sea port of Odesa, hitting a shopping center and a warehouse. One person was killed and five were wounded, the military said.
Ukraine alleged at least some of the munitions used dated back to the Soviet era, making them unreliable in targeting. Ukrainian, British and American officials warn Russia is rapidly expending its stock of precision weapons and may not be able to quickly build more, raising the risk of more imprecise rockets being used as the conflict grinds on. That could result in wider damage and more civilian deaths.
But the Center for Defense Strategies, a Ukrainian think tank tracking the war, said Moscow did use some precision weapons against Odesa: Kinzhal, or “Dagger,” hypersonic air-to-surface missiles.
Using advanced guided missiles allows Russia to fire at a distance without being exposed to potential anti-aircraft fire.
The strikes came the same day Russian President Vladimir Putin marked his country’s biggest patriotic holiday without being able to boast of major new battlefield successes. On Monday, he watched troops march in formation and military hardware roll by in a Victory Day parade on Moscow’s Red Square to celebrate the Soviet Union’s role in the 1945 defeat of Nazi Germany.
Many Western analysts had expected Putin to use Victory Day holiday to trumpet some kind of victory in Ukraine or announce an escalation, but he did neither. Instead, he sought to justify the war again as a necessary response to what he portrayed as a hostile Ukraine.
Putin has long bristled at NATO’s creep eastward into former Soviet republics. Ukraine and its Western allies have denied the country posed any threat.
“The danger was rising by the day,” Putin said. “Russia has given a preemptive response to aggression. It was forced, timely, and the only correct decision.”
Intense fighting also raged in Ukraine’s east, including at a steel plant in Mariupol, where Russian forces sought to take the last pocket of Ukrainian resistance.
One of the Ukrainian fighters holding out at the steel plant said they were still defending the city. Valeri Paditel, who heads the border guards in the Donetsk region, said the fighters were “doing everything to make those who defend the city in the future proud.”
Hundreds of civilians holed up for weeks with the fighters have been evacuated in recent days. But Petro Andryushchenko, an advisor to the Mariupol mayor, said in a social media post Tuesday that “in addition to the military, at least 100 civilians remain” at the sprawling plant, which has miles of underground tunnels. At one point, Ukrainian and Russian authorities had said all civilians had left the plant.
Andryushchenko said that the Russian forces continue to pound the plant with heavy weaponry and “attempts to storm (the plant) from the land remain unsuccessful.”
The Ukrainian military warned Tuesday that Russia could target the country’s chemical industries. The claim wasn’t immediately explained in the report. But Russian shelling has previously targeted oil depots and other industrial sites during the war.
Also, satellite pictures analyzed by The Associated Press showed two ships off Ukraine’s Snake Island on Monday afternoon.
One of the ships seen in the images from Planet Labs PBC appeared to be a landing craft. Ukraine has repeatedly struck Russian positions there recently, suggesting Russian forces may be trying to re-staff or remove personnel from the Black Sea island.
After unexpectedly fierce resistance forced the Kremlin to abandon its effort to storm Kyiv in the early days of the war, Moscow’s forces have concentrated on capturing the Donbas.
But the fighting there has been a back-and-forth, village-by-village slog. Some analysts suggested Putin might declare the fighting a war, not just a “special military operation,” and order a nationwide mobilization, with a call-up of reserves, to fight an extended conflict.
In the end, he gave no signal as to where the war is headed or how he might intend to salvage it. Specifically, he left unanswered the question of whether or how Russia will marshal more forces for a continuing war.
“Without concrete steps to build a new force, Russia can’t fight a long war, and the clock starts ticking on the failure of their army in Ukraine,” tweeted Phillips P. O’Brien, professor of strategic studies at the University of St. Andrews in Scotland.
Nigel Gould Davies, former British ambassador to Belarus, said: “Russia has not won this war. It’s starting to lose it.”
He said that unless Russia has a major breakthrough, “the balance of advantages will shift steadily in favor of Ukraine, especially as Ukraine gets access to growing volumes of increasingly sophisticated Western military equipment.”
As Putin laid a wreath in Moscow, air raid sirens echoed again in the Ukrainian capital. But Ukrainian President Volodymyr Zelenskyy declared in his own Victory Day address that his country would eventually defeat the Russians.
“Very soon there will be two Victory Days in Ukraine,” he said in a video. He added: “We are fighting for freedom, for our children, and therefore we will win.”
A Zelenskyy adviser interpreted Putin’s speech as indicating that Russia has no interest in escalating the war through the use of nuclear weapons or direct engagement with NATO.
In Washington, President Joe Biden signed a bipartisan measure to reboot the World War II-era “lend-lease” program, which helped defeat Nazi Germany, to bolster Kyiv and Eastern European allies.
Russia has about 97 battalion tactical groups in Ukraine, largely in the east and the south, a slight increase over last week, according to a senior U.S. official, speaking on condition of anonymity to discuss the Pentagon’s assessment. Each unit has roughly 1,000 troops, according to the Pentagon.
The official said that overall, the Russian effort in the Donbas hasn’t achieved any significant progress in recent days and continues to face stiff resistance from Ukrainian forces.
Satellite photos showed intense fires in Russian-held territory in southern Ukraine on Monday. A cause for the fires wasn’t immediately clear. However, Planet Labs images showed thick smoke rising to the east of Vasylivka, a city which is flanked by nature preserves.
___
Gambrell reported from Lviv, Ukraine. Yesica Fisch in Bakhmut, David Keyton in Kyiv, Yuras Karmanau in Lviv, Mstyslav Chernov in Kharkiv, Lolita C. Baldor in Washington, and AP staff around the world contributed to this report.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/05/10/russia-pounds-odesa-civilian-bodies-uncovered-elsewhere/
| 2022-05-10T09:57:30Z
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INDIANAPOLIS, August 4, 2022 /PRNewswire/ -- Landmark Recovery of Indianapolis, a family-owned alcohol and drug addiction treatment provider announces a new therapy group developed exclusively for military service members. Called "Roadmap to Resilience," the group is designed to help identify traumas that both veterans and active-duty military members have experienced and help them develop healthy coping skills.
Landmark Recovery is a verified partner with the Veterans Administration and a Joint Commission accredited health care provider, offering personalized addiction treatment including medical detox, residential treatment, and outpatient programs. The company's VA-approved treatments are developed around evidence-based practices and trauma-informed care. Therapists and group leaders at Landmark Recovery of Indianapolis recently underwent military cultural competency training to better understand service members' ethos, vocabulary, and customs.
"Statistics show that one in 10 veterans have been diagnosed with a substance use disorder," said Michelle Dubey, the chief clinical officer at Landmark Recovery. "Our service members deserve the best possible care and that's what we aim to provide. We offer a path to recover from drug and alcohol addiction and ongoing support once treatment is completed."
Landmark's Roadmap to Resilience group teaches life skills to help service members improve how they cope with stress. The program addresses six fitness areas: physical, interpersonal, emotional, cognitive, behavioral, and spiritual.
Participants can expect to receive support and access to premium services such as:
- Staff with military cultural competency training
- Military liaison and patient navigator dedicated to assisting through the VA process
- Joint Commission accreditation
- Two individual therapy sessions weekly with masters-level clinicians
- 40 hours of weekly group therapy
- Family and alumni programs
Landmark Recovery, founded in 2016, is an evidence-based addiction recovery organization offering passionate, individualized treatment including detox, residential, intensive outpatient, and partial hospitalization. Landmark serves communities in Kentucky, Indiana, Ohio, Oklahoma, and Nevada along with its sister company, Praxis by Landmark Recovery, which serves the Medicaid population. The Landmark of Louisville facility was named the No. 1 Addiction Treatment Center in Kentucky by Newsweek for 2021. For more information visit www.landmarkrecovery.com or call 866-504-8545.
Press Contact: Chrycilis Perry
Chrycilis.Perry@LandmarkRecovery.com
(629)-401-9745
View original content to download multimedia:
SOURCE Landmark Recovery
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https://www.mysuncoast.com/prnewswire/2022/08/04/landmark-recovery-launches-new-group-military-service-members-seeking-addiction-treatment/
| 2022-08-04T22:36:03Z
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A man in Pennsylvania was arrested on suspicion of driving his car into a crowd of people Saturday evening, killing one person and injuring 17 others before killing a woman in a neighboring county later that night, police said.
The car plowed into a crowd of people who were gathered in Columbia County's Berwick Borough for an all-day community event to raise money for victims of a deadly house fire, according to a news release from Pennsylvania State Police.
State troopers and Berwick Police arrived at the scene to find multiple victims, including one person who had died, the release stated.
A short time later, Pennsylvania State Police say they received a call about a male suspect who was physically assaulting a woman in the Nescopeck Borough of Luzerne County. State troopers arrived to find the woman dead and the suspect was detained by officers from a municipal police department, according to the release. Authorities determined that the suspect found with the woman is also a suspect in the Berwick crash scene.
Many of the injured were transported to local hospitals following the crash. The Geisinger Medical Center reported treating 15 patients from the Berwick incident, including at least four people who were in critical condition, spokesperson Natalie Buyny told CNN in a statement.
Authorities have not publicly identified those who died.
The suspect, who has also not been identified, was being held at Pennsylvania State Police Shickshinny, where he awaited charges, authorities said.
The motive for both incidents remains unclear, police said, and no further details were available.
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https://www.albanyherald.com/news/1-person-is-dead-and-17-injured-after-a-car-drove-through-a-crowd-at/article_8db601fd-7f45-534f-adc9-4bf9f7f4b9f7.html
| 2022-08-14T08:46:20Z
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Across categories, most of the U.S. Department of Transportation's FY22 RAISE grants accounted for the needs of bicyclists and pedestrians, demonstrating exceptional demand for trail, walking and biking infrastructure that connects people to jobs, schools, shopping and transit
WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- Rails-to-Trails Conservancy (RTC), the nation's largest trails and active transportation advocacy organization, is encouraged by the number of FY22 RAISE grants—the competitive, multimodal Rebuilding American Infrastructure with Sustainability and Equity program administered by the U.S. Department of Transportation—that include bicycle and pedestrian infrastructure.
According to the organization, the volume of awards that account for the needs of bicyclists and pedestrians illustrates incredible demand for connected trails and active transportation infrastructure that make it safe and convenient for people to get to everyday destinations like jobs, schools, shopping and transit.
"The FY22 RAISE grants underscore the urgency that all communities—rural, suburban and urban—are feeling to provide safe and connected active transportation infrastructure that gets people where they need to go whether or not they have a car. Most grants accounted for the needs of bicyclist and pedestrians, which shows how much demand exists for this infrastructure nationwide," said Kevin Mills, RTC's vice president of policy.
Nationwide, RTC's partners have shared over $7 billion in plans for projects that connect trail and active transportation infrastructure. According to RTC, fulfilling these plans would be transformative, with the potential to equitably deliver economic, health, safety, mobility and climate benefits. To realize these benefits, communities need sizeable grants—like those that RAISE can provide—to close gaps between existing sidewalks, bike lanes and multiuse trails to create seamless connections between where they live and the places they go every day.
Trails, and other walking and biking infrastructure, are eligible for funding through many programs under the Infrastructure Investment and Jobs Act—otherwise known as the Bipartisan Infrastructure Law—and are expected to be eligible for additional funding through the Inflation Reduction Act if it passes the House later this week. While these programs deliver significant investment for trails, walking and biking under certain circumstances, many communities will not take advantage without reliable funding focused on active transportation. The far-reaching demand for trails and other walking and biking infrastructure calls for programs that exclusively fund active transportation to ensure consistent progress in creating safe and convenient routes to daily destinations in communities nationwide.
"With these grants, US DOT has demonstrated its understanding that trails, walking and biking are fundamental to transformative and equitable community design that improves our quality of life. Looking ahead, it's increasingly evident the need for sustained investment in connected active transportation infrastructure as well as the importance of focused programs to fund these projects like we have for air, rail and roads. Greater investment in grants for trails, walking and biking could deliver safe, equitable mobility to more Americans," said Mills.
RTC advocates for transformative policy changes that increase funding for active transportation and create accountability for progress on climate, equity and safety. Learn more about RTC's policy priorities and resources to support communities seeking public funding for active transportation infrastructure at railstotrails.org/trailstransform.
Rails-to-Trails Conservancy is the nation's largest trails organization—with a grassroots community more than 1 million strong—dedicated to building a nation connected by trails, reimagining public spaces to create safe ways for everyone to walk, bike and be active outdoors. Connect with RTC at railstotrails.org and @railstotrails on Facebook, Twitter and Instagram.
CONTACT: Brandi Horton, brandi@railstotrails.org, 202.974.5155
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| 2022-08-11T18:52:23Z
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CHICAGO, July 26, 2022 /PRNewswire/ -- A first-of-its-kind test could make it easier for newborns to get care for spinal muscular atrophy, a common genetic disease that is life-threatening but treatable if caught in time. Findings on this method and a second innovative test that could improve diagnosis of pediatric urinary tract infections (UTIs) will be discussed today at the 2022 AACC Annual Scientific Meeting & Clinical Lab Expo.
Increasing Access to Spinal Muscular Atrophy Testing
Spinal muscular atrophy is the leading inherited cause of infant death after cystic fibrosis, and early diagnosis and treatment are crucial to giving affected newborns the best chances at healthy lives. However, most newborn screening panels that use next-generation sequencing (NGS) do not detect this condition. The most common form of spinal muscular atrophy is caused by an abnormal version of the gene SMN1, which produces a protein essential to nerve cells involved in muscle movement. NGS panels—which analyze hundreds of genes for disease-causing changes—typically exclude SMN1 because of difficulty distinguishing it from another gene known as SMN2. The two differ only in a small spot.
Gustavo Barcelos Barra, PhD, and colleagues at Sabin Medicina Diagnostica in Brasilia, Brazil, developed a NGS panel that detects a mutation in that small spot on the SMN1 gene that causes spinal muscular atrophy. Using this NGS panel, they tested 52 DNA samples from spinal muscular atrophy patients, then compared the results to those from a single-gene PCR test (a widely used method for diagnosing this condition). After eliminating four samples for technical reasons, the researchers found that panel results for SMN1 and the single-gene test agreed in all cases.
Including spinal muscular atrophy on NGS panels means that "parents do not have to look for an additional test for [this condition]," said Barra. He added that his innovation would save laboratories from performing an extra test for spinal muscular atrophy along with NGS newborn screening.
Identifying Children's UTIs Quickly
UTIs are common in children and when left untreated, they can cause acute distress, septic shock, and even kidney damage. The gold standard for diagnosing UTIs, though—urine culture—is slow and labor-intensive for laboratory staff, leading doctors to sometimes inappropriately prescribe antibiotics before getting results. This is a serious issue that is contributing to the rise of antibiotic resistance.
A team led by Jingcai Wang, MD, PhD, of Nationwide Children's Hospital in Columbus, Ohio, is the first group of researchers to show that a faster method for diagnosing UTIs in adults could also work in children. Known as UTOPIA, this method uses urinalysis results and other variables to predict UTIs, and delivers answers well before the 2-3 days needed for culture results.
In order to evaluate this method's performance in children, the researchers used it to analyze data from the medical records of 5,353 children who previously underwent both urinalysis and urine culture for UTI. For each of these patients, the researchers entered their age, sex, risk for UTI, and urinalysis results into UTOPIA's algorithm to see how accurately it predicted their urine culture results.
Based on receiver operating curve (ROC) value, UTOPIA predicted positive urine culture results more accurately than any individual variable did on its own. The algorithm's ROC value was 0.825, versus values for individual variables, which ranged from 0.546 to 0.776. The closer the ROC value is to 1, the more accurate the testing strategy, Wang explained.
"UTOPIA is a simple way to predict urine culture results. You get quicker diagnosis of UTI and prevent potential kidney damage," Wang said. "It can potentially reduce unnecessary urine cultures, save money, and reduce use of unnecessary antibiotics in children."
Abstract Information
AACC Annual Scientific Meeting registration is free for members of the media. Reporters can register online here: https://www.xpressreg.net/register/aacc0722/media/landing.asp
Abstract A-155: Incorporating spinal muscular atrophy screening by next-generation sequencing into a comprehensive multigene panel for newborn sequencing: a pilot evaluation will be presented during:
Scientific Poster Session
Tuesday, July 26
9:30 a.m. – 5 p.m. (presenting author in attendance from 1:30 – 2:30 p.m.)
Abstract B-243: Evaluation of a prediction algorithm value in predicting positive urine culture in pediatrics: a retrospective cohort study at Nationwide Children's Hospital will be presented during:
Scientific Poster Session
Wednesday, July 27
9:30 a.m. – 5 p.m. (presenting author in attendance from 1:30 – 2:30 p.m.)
Both sessions will take place in the Poster Hall of the Clinical Lab Expo show floor at the McCormick Place Convention Center in Chicago.
About the 2022 AACC Annual Scientific Meeting & Clinical Lab Expo
The AACC Annual Scientific Meeting offers 5 days packed with opportunities to learn about exciting science from July 24-28. Plenary sessions will explore artificial intelligence-based clinical prediction models, advances in multiplex technologies, human brain organogenesis, building trust between the public and healthcare experts, and direct mass spectrometry techniques.
At the AACC Clinical Lab Expo, more than 750 exhibitors will fill the show floor of the McCormick Place Convention Center in Chicago with displays of the latest diagnostic technology, including but not limited to COVID-19 testing, artificial intelligence, mobile health, molecular diagnostics, mass spectrometry, point-of-care, and automation.
About AACC
Dedicated to achieving better health through laboratory medicine, AACC brings together more than 70,000 clinical laboratory professionals, physicians, research scientists, and business leaders from around the world focused on clinical chemistry, molecular diagnostics, mass spectrometry, translational medicine, lab management, and other areas of progressing laboratory science. Since 1948, AACC has worked to advance the common interests of the field, providing programs that advance scientific collaboration, knowledge, expertise, and innovation. For more information, visit www.aacc.org.
Christine DeLong
AACC
Senior Manager, Communications & PR
(p) 202.835.8722
cdelong@aacc.org
Molly Polen
AACC
Senior Director, Communications & PR
(p) 202.420.7612
(c) 703.598.0472
mpolen@aacc.org
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| 2022-07-26T15:14:32Z
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DALLAS (KDAF) — Cinco De Mayo is almost here. If you are still trying to find a way to celebrate, North Texas is home to plenty of celebrations.
We have compiled a list of some great food and drink deals and other Cinco De Mayo celebrations going on in North Texas.
- The Caddy for $8 all-day
- Yacht Rock Ritas $8 all day ($6 during Happy Hour 3:00-6:00 p.m.)
- Cinco de Mayo Buffet: 4:00pm to 9:00pm, $20 per person
- Featuring chicken verde, brisket, ground beef tacos, enchiladas, Adobe Pie®, rainbow chips, a salsa bar, and much more!
- $5 Top Shelf Margaritas all day!
- $3 Black’s Margaritas and House Margaritas
- 11 a.m. to 9:30 p.m.
- Four Corners Brewing Co. has announced that they will be hosting a Cinco De Mayo Festival on May 1 from noon to 6 p.m.
- The brewery will be hosting El Marcadito to help in facilitating the best Cinco De Mayo celebration in Dallas. There will be food, mariachis, live bands, ballet folklórico, kids’ activities, prizes and more.
Celebrate Cinco de Mayo at Legacy Hall with an all-star Selena tribute, live donkey and a margarita happy hour on Thursday, May 5 as well as a weekend festival on Saturday, May 7 featuring specialty margaritas and live performances. On Thursday, May 5 Happy Hour is featured from 3 – 6 p.m. with $5 house margaritas on the rocks or frozen at all 5 bars in the hall! Klyde the donkey will be in the Box Garden for complimentary photos from 6 – 8 p.m. Afterwards, enjoy a free live performance from Bidi Bidi Banda, the Selena tribute band, from 7 – 9 p.m.
All-day entertainment lineup will include the following:
- 1 p.m. – Mariachi Rosas Divinas
- 3:15 p.m. – Kentucky Derby Hat Contest
- 3:30 p.m. – Anita M. Martinez Ballet Folklorico Dancers
- 4 p.m. – Lara Latin – Salsa and Bachata
- 5:45 p.m. – Kentucky Derby Race
- 8 p.m. – Havana NRG! – the high-energy Latin orchestra ***tickets required
- 10 p.m. – 21+ Late Night DJ in High Bar
Cheers to Cinco de Mayo with a special three-course lunch available from 12 – 4 p.m., drink specials, live mariachi and a taco station on Thursday, May 5. Drink specials include $25 shots of Don Julio 1942 and $10 margaritas along with a taco station featuring 5 tacos for $15. Taco options include Tinga de Pollo, Carnitas, and Smoked Brisket. Elote Lollipops are also available for $5 each. A live mariachi band will play in the courtyard from 1 – 3 p.m. transporting guests to Mexico as they dine and drink.
The cocktail bar and axe throwing lodge is celebrating Cinco de Mayo on Sunday, May 1 and Thursday, May 5 with drink specials and axe-throwing specials. Drink specials include $5 Dos Equis, Margaritas and Tequila Shots. Guests can also book axe-throwing for $25 all day on both Sunday and Thursday!
Enjoy a fiesta at JAXON with live music and entertainment as well as specialty cocktails on Thursday, May 5. Guests can enjoy sipping on specialty cocktails including the Spiked Agua Frescas (pineapple and hibiscus), Mangonada’s and Ranch Waters while enjoying the entertainment lineup. The schedule includes the following:
- 6 – 7 p.m. – Mariachi Arraigo De America
- 6 – 7 p.m. – Folkolorico Dance Performances by Ballet Hispanic of the Arts
- 7 – 9 p.m. – Piñata Protest
- 9 p.m. – 11 p.m. – DJ Turo
This is an evolving list and could be updated with additional deals as they become available.
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https://cw33.com/news/cinco-de-mayo-food-drink-specials-in-north-texas/
| 2022-05-03T19:52:59Z
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NEW YORK, Aug. 2, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Teladoc Health, Inc. (NYSE: TDOC) alleging that the Company violated federal securities laws.
Class Period: October 28, 2021 to April 27, 2022
Lead Plaintiff Deadline: August 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in TDOC:
https://www.kleinstocklaw.com/pslra-1/teladoc-health-inc-loss-submission-form-2?id=30429&from=4
Teladoc Health, Inc. NEWS - TDOC NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Teladoc Health, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Teladoc you have until August 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Teladoc securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the TDOC lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/teladoc-health-inc-loss-submission-form-2?id=30429&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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https://www.kxii.com/prnewswire/2022/08/02/tdoc-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-5-2022-class-action-filed-behalf-teladoc-health-inc-shareholders/
| 2022-08-02T10:17:29Z
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IRVING, Texas, Aug. 15, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the launch of an offering of $250.0 million in aggregate principal amount of unsecured senior notes (the "add-notes") by Darling. The add-on notes will be issued as additional notes under the same indenture (the "indenture") as Darling's 6% senior notes due 2030, $750.0 million in aggregate principal amount of which were issued on June 9, 2022 (the "initial notes"). The add-on notes will have the same terms as the initial notes (other than issue date and issue price) and will, together with the initial notes, constitute a single class of securities under the indenture. The offering is subject to market and other conditions.
The add-notes will be guaranteed by all of Darling's restricted subsidiaries (other than foreign subsidiaries and other than Valley Proteins, LLC and Valley Proteins (DE), LLC, which guarantee the Credit Agreement (as defined below) and will guarantee the initial notes and the add-on notes within 20 business days of the date that such entities guaranteed the Credit Agreement), that are borrowers under or that guarantee Darling's senior secured credit facilities under its Second Amended and Restated Credit Agreement dated January 6, 2014, as amended (the "Credit Agreement"). The guarantors of the add-on notes are the same guarantors as for the initial notes and Darling's existing dollar-denominated notes. The gross proceeds of the add-on notes offering are expected to be used (i) for general corporate purposes, including the repayment of indebtedness and (ii) to pay the costs, commissions, fees, and expenses incurred in connection with the offering of the add-on notes (including the initial purchasers' discount). Darling may temporarily apply proceeds to reduce revolving credit indebtedness or invest in cash equivalents, U.S. government securities and other high-quality debt investments pending application of the proceeds.
The add-on notes and related guarantees will be offered in the United States to persons reasonably believed to be "qualified institutional buyers" in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The add-on notes and related guarantees will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the add-on notes and related guarantees, nor shall there be any offer to sell, solicitation of an offer to buy or sale of the add-on notes and related guarantees, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About Darling
Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates 250 plants in 17 countries and repurposes nearly 15% of the world's meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals and pet food ingredients.
Cautionary Statements Regarding Forward-Looking Information
This press release contains "forward-looking" statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the statements. Statements that are not statements of historical facts are "forward-looking" statements and are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Words such as "estimate," "project," "planned," "contemplate," "potential," "possible," "proposed," "intend," "believe," "anticipate," "expect," "may," "will," "would," "should," "could" and similar expressions are intended to identify "forward-looking" statements. "Forward-looking" statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. The Company cautions readers that any such "forward-looking" statements it makes are not guarantees of future performance and that actual results may differ materially from anticipated results or expectations expressed in its "forward-looking" statements as a result of a variety of factors, including many that are beyond the Company's control. These factors include, among others, existing and unknown future limitations on the ability of the Company's direct and indirect subsidiaries to make their cash flow available to the Company for payments on the Company's indebtedness or other purposes; global demands for bio-fuels and grain and oilseed commodities, which have exhibited volatility, and can impact the cost of feed for cattle, hogs and poultry, thus affecting available rendering feedstock and selling prices for the Company's products; reductions in raw material volumes available to the Company due to weak margins in the meat production industry as a result of higher feed costs, reduced consumer demand or other factors, reduced volume from food service establishments or otherwise; reduced demand for animal feed; reduced finished product prices, including a decline in fat and used cooking oil finished product prices; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs like the U.S. government's renewable fuel standard, low carbon fuel standards and tax credits for biofuels both in the United States and abroad; possible product recall resulting from developments relating to the discovery of unauthorized adulterations to food or food additives; the occurrence of 2009 H1N1 flu (initially known as "Swine Flu"), highly pathogenic strains of avian influenza (collectively known as "Bird Flu"), severe acute respiratory syndrome ("SARS"), bovine spongiform encephalopathy ("BSE"), porcine epidemic diarrhea ("PED") or other diseases associated with animal origin in the United States or elsewhere, such as the outbreak of African Swine Fever ("ASF") in China and elsewhere; the occurrence of pandemics, epidemics or disease outbreaks, such as the current novel coronavirus (COVID-19) outbreak; unanticipated costs and/or reductions in raw material volumes related to the Company's compliance with the existing or unforeseen new U.S. or foreign (including, without limitation, China) regulations (including new or modified animal feed, Bird Flu, SARS, PED, BSE, ASF or similar or unanticipated regulations) affecting the industries in which we operate or our value added products; risks associated with the DGD Joint Venture, including possible unanticipated operating disruptions and issues relating to the announced expansion project; risks and uncertainties relating to international sales and operations, including imposition of tariffs, quotas, trade barriers and other trade protections imposed by foreign countries; difficulties or a significant disruption in the Company's information systems or failure to implement new systems and software successfully; risks relating to possible third party claims of intellectual property infringement; increased contributions to the Company's pension and benefit plans, including multiemployer and employer-sponsored defined benefit pension plans as required by legislation, regulation or other applicable U.S. or foreign law or resulting from a U.S. mass withdrawal event; bad debt write-offs; loss of or failure to obtain necessary permits and registrations; continued or escalated conflict in the Middle East, North Korea, Ukraine or elsewhere; uncertainty regarding the exit of the United Kingdom from the European Union; and/or unfavorable export or import markets. These factors, coupled with volatile prices for natural gas and diesel fuel, climate conditions, currency exchange fluctuations, general performance of the United States and global economies, disturbances in world financial, credit, commodities and stock markets, and any decline in consumer confidence and discretionary spending, including the inability of consumers and companies to obtain credit due to lack of liquidity in the financial markets, among others, could cause actual results to vary materially from the "forward-looking" statements in this press release or negatively impact the Company's results of operations. Among other things, future profitability may be affected by the Company's ability to grow its business, which faces competition from companies that may have substantially greater resources than the Company. Other risks and uncertainties regarding the Company, its business and the industries in which it operates are referenced from time to time in the Company's filings with the Securities and Exchange Commission. The Company is under no obligation to (and expressly disclaims any such obligation to) update its "forward-looking" statements whether as a result of change of circumstances, new events or otherwise.
For More Information, contact:
Suann Guthrie, Vice President, Investor Relations, Sustainability and Global Communications Suann.Guthrie@darlingii.com
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https://www.mysuncoast.com/prnewswire/2022/08/15/darling-ingredients-inc-announces-private-offering-2500-million-unsecured-senior-notes/
| 2022-08-15T14:28:56Z
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- Presented expansion strategy in North American market with its highly value-added technologies at the NAIAS 2022 Press Conference.
- Planning to expand production facilities worldwide, including a new EV components plant for prompt supply to North American automakers.
- Aiming to reach about 30-40% CAGR in the North American market by 2030 with future mobility technologies.
DETROIT, Sept. 14, 2022 /PRNewswire/ -- Hyundai Mobis (KRX 012330), the sixth largest global automotive supplier, today introduced its expansion strategy in the North American market during a press conference at the North American International Auto Show (NAIAS). According to Axel Maschka, Executive Vice President and head of Hyundai Mobis Global OE Sales, the two keywords of the company's growth strategy are Plant Expansion and Value Expansion.
Hyundai Mobis will first plan to expand its production facilities across the globe for prompt and timely supply to global automakers. At the press conference, Maschka said that "Hyundai Mobis will construct more EV dedicated sites here in the region, and we will invest in EV components, and battery system assemblies to allow rapid and environmentally optimized local production." Currently, Hyundai Mobis operates 44 production bases, with North American facilities located in Alabama, Georgia, Ohio, and Michigan.
North America leading the electric vehicle shift to achieve carbon neutrality and green mobility is integral to the company's electrification production expansion plan. As the EV market continues to grow, having a strong production capacity will be key to winning sales orders. A new manufacturing site, combined with over ten years of expertise in producing high-quality electrification components, will allow Hyundai Mobis to see continued growth in the market.
Hyundai Mobis also revealed its value expansion plan to increase its sales orders in the North American market with its value-added technologies, optimized specifically for electric and autonomous vehicles. It presented some of its future mobility technologies, including the electric Complete Chassis Platform Module (eCCPM) and next-generation AR HUD. "Hyundai Mobis has a wide range of innovations in its portfolio, and is ready for the future of mobility. Our vision is to bring the future to the present and make it more valuable," said Maschka.
In particular, Hyundai Mobis pointed to its successful mass-production of key electrification components, including the battery system for the e-GMP platform used in Hyundai and Kia electric vehicles, and the PE module, and showed its confidence in the paradigm shift for electric vehicle platforms. Together, value-added products including the eCCPM module, electrification platform, AR HUD, and lighting grilles are drawing attention from clients in North America for its versatility and innovation.
During the presentation, Hyundai Mobis announced its goal of driving a compound annual growth rate (CAGR) of 36% in the North American market through the year 2030. Hyundai Mobis has reported steady growth in total order volumes over the last few years, with $660 million USD in 2020, $1.4 billion USD in 2021, and $1.7 billion USD in the first half of 2022.
About Hyundai Mobis
Hyundai Mobis is the global no. 6 automotive supplier, headquartered in Seoul, Korea. Hyundai Mobis has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company's products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting and automotive electronics. Hyundai Mobis operates R&D headquarter in Korea, with four technology centers in the United States, Germany, China and India.
For more information, please visit the website at http://www.mobis.co.kr/
Media Contact
Jihyun Han: jihyun.han@mobis.co.kr
Choon Kee Hwang: ckhwang@mobis.co.kr
Allen Nguyen (Ketchum): allen.nguyen@ketchum.com
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https://www.kxii.com/prnewswire/2022/09/14/hyundai-mobis-takes-new-step-with-future-mobility-through-further-expansion-north-american-market/
| 2022-09-14T20:37:39Z
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NEW YORK, July 15, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Okta, Inc. (NASDAQ: OKTA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/okta-inc-loss-submission-form/?id=29830&from=4
The lawsuit seeks to recover losses for shareholders who purchased Okta between March 5, 2021 and March 22, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 19, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Okta, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Okta had inadequate cybersecurity controls; (ii) as a result, Okta's systems were vulnerable to data breaches; (iii) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (iv) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (v) all the foregoing, once revealed, was likely to have a material negative impact on Okta's business, financial condition, and reputation; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law
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https://www.mysuncoast.com/prnewswire/2022/07/15/okta-shareholder-alert-jakubowitz-law-reminds-okta-shareholders-lead-plaintiff-deadline-july-19-2022/
| 2022-07-15T11:33:29Z
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MORRISTOWN, N.J., May 5, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) plans to donate more than 1,600 trees across its New Jersey service area this year, with approximately 1,200 of those expected to be donated and planted by the end of May. This initiative is an important part of the company's efforts to reduce FirstEnergy's carbon footprint, promote responsible use of natural resources and further the advancement of sustainable practices.
Working with local community organizations, employees of FirstEnergy and Jersey Central Power & Light (JCP&L), a FirstEnergy subsidiary, volunteer to plant the donated trees, which include different species of maple, cedar and white oak, among others. With their expertise, the trees are placed in locations that are safely away from power lines and other utility infrastructure.
So far this year, more than 400 trees have been planted at the Girls Scouts of the Jersey Shore's Camp Sacajawea in Farmingdale (Monmouth County); 250 trees have been planted in Lafayette (Sussex County) in tandem with NORWESCAP, a local non-profit focused on low-income housing; and 225 trees have been planted in Jenny Jump State Forest (Warren County) in coordination with the N.Y. N.J. Trail Conference. Additional planting events have taken place in Manalapan, Atlantic Highlands and Hillsborough.
FirstEnergy and JCP&L have also teamed up with Fulfill, a foodbank in Monmouth County, and Newton's Project Self Sufficiency to plant more than 120 fruit trees. The apples, pears, peaches and nectarines harvested from these trees, which are expected to bear fruit within the next three years, will be distributed to low-income individuals and families through the organizations.
More events are planned for the fall, including 350 trees that will be planted along with the Hunterdon Land Trust in Flemington.
"Planting trees is an important part of our commitment to sustainability," said James Fakult, president of FirstEnergy's New Jersey operations. "We're proud of our employees for their efforts to protect our environment and add to the peaceful beauty that makes our local communities such great places to live and work."
Since April 2021, FirstEnergy has donated and planted more than 17,000 trees throughout its five-state service territory. The company is on track to plant more than 14,000 additional trees this spring. Tree-planting efforts are led by local Green Teams, groups of employees at each of FirstEnergy's ten electric companies that volunteer their time and talents to develop and support environmental initiatives. JCP&L launched FirstEnergy's first Green Team in 2018.
JCP&L's environmental initiatives, including advanced recycling programs, pollinator habitats, the introduction of hybrid bucket trucks and more, have earned the company recognition as the first and only electric utility named to the New Jersey Department of Environmental Protection's Sustainable Business Registry, as well as awards from the N.J. DEP, Commerce and Industry Association of New Jersey and others.
JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on Twitter @JCP_L, on Facebook at www.facebook.com/JCPandL or online at www.jcp-l.com.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
Editor's Note: Photos of JCP&L employees planting trees are available for download on Flickr.
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https://www.wibw.com/prnewswire/2022/05/05/firstenergy-donate-1600-trees-across-new-jersey-2022/
| 2022-05-05T21:46:49Z
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Warm and windy weekend ahead
Weak front for Wednesday
SARASOTA, Fla. (WWSB) - Look for a beautiful weekend as high pressure at the surface and in the upper reaches of the atmosphere stays in control. We will unfortunately see windy conditions through Monday. Winds will be out of the ENE at 10-20 mph with some wind gusts a little higher during the afternoon. A small craft advisory is in effect through Sunday at 10 a.m. with choppy conditions expected offshore.
There will be plenty of sunshine with a UV index in the very high range so make sure you apply the sunscreen if heading outdoors. There is no chance for any rain on Saturday with only a 10% chance for an inland shower or two.
Low temperatures over the weekend will be pleasant with temperatures dropping into the mid to upper 60s along the coast and low 60s inland away from the water.
Monday and Tuesday the weather will stay nice and warm with highs well above the average of 84 degrees. A weak cold front will work its way through on Wednesday but doesn’t cool things off just keeps things very dry here which means the drought will only get worse.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/04/22/warm-windy-weekend-ahead/
| 2022-04-23T00:30:03Z
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DOVER, Del. (AP) — Protecting local Boy Scouts of America councils and troop sponsoring organizations from future liability for child sex abuse claims is critical to the national group’s reorganization plan, BSA attorneys told a Delaware bankruptcy judge Tuesday.
Attorneys opposing the plan countered that liability releases for non-debtor third parties are neither fair nor necessary, and that they infringe on the rights of abuse survivors to seek compensation for their abuse.
The Boy Scouts, based in Irving, Texas, petitioned for bankruptcy protection in February 2020, seeking to halt hundreds of individual lawsuits and create a settlement trust for abuse victims. Although the organization faced about 275 lawsuits at the time, more than 82,000 sexual abuse claims have been filed in the bankruptcy case.
The reorganization plan calls for the Boys Scouts and its 250 local councils, along with settling insurance companies and troop sponsoring organizations, to contribute some $2.6 billion in cash and property and assign their insurance rights to a settlement trust fund for abuse victims. More than half that money would come from the BSA’s two largest insurers, Century Indemnity Co. and The Hartford. Those companies would contribute $800 million and $787 million, respectively.
In exchange, the parties contributing to the settlement trust would be released from further liability for sexual abuse claims dating back decades.
The local BSA councils are not debtors in the bankruptcy, but Boy Scouts attorney Jessica Lauria argued that they are inextricably intertwined with the national organization and deserve to be protected from future lawsuits in exchange for contributing to the compensation fund.
“There can be no doubt that there is an identity of interests, and frankly an extreme interconnectedness, between the local councils and the national organization,” Lauria said. Sponsoring organizations similarly are closely tied to BSA and local councils and critical to their operations, she added.
Richard Mason, an attorney for the local councils, told Judge Laura Selber Silverstein that without the liability releases, the compensation fund “basically evaporates.”
Absent approval of the BSA’s plan, the local councils would face “massive litigation” and would be forced to seek bankruptcy protection themselves, endangering the future of Scouting and the ability of abuse survivors to obtain compensation, Mason added.
But opponents questioned why the liability releases for local councils and sponsoring organization are needed in order for the BSA to emerge from bankruptcy. They noted that the Boy Scouts proposed a plan last year under which the settlement trust would be funded only by the national organization, and only for claims made against it. Under that plan, the councils and local sponsoring organizations would make no contribution and would have no protection from liability for abuse claims.
“Debtors said that was workable, feasible,” Silverstein noted. “So why is it necessary to have this elaborate, interconnected, intertwined plan for the Boy Scouts?”
Lauria replied that “BSA-only plan” may have been feasible when first proposed, but that it was never “optimal.” She also noted that the BSA has spent some $100 million more on professional fees in the bankruptcy since then and can’t afford to fund a settlement trust on its own at this point.
Edwin Caldie, an attorney representing scores of alleged abuse victims in Guam, argued that the BSA’s current plan unfairly strips them of their rights to pursue abuse claims against Catholic church officials.
The Guam group includes creditors with claims against the Archdiocese of Agana, which sought bankruptcy protection in 2019 amid a flood of child sex abuse claims. Many of those claims involve the late priest Louis Brouillard, who was also a BSA Scoutmaster and who was accused of molesting more than 100 children.
The BSA plan would channel claims against the Guam diocese into the proposed BSA settlement trust without the consent of survivors and unfairly deprive them of the ability to pursue BSA insurance policies, Caldie said.
Caldie accused the settling insurers of using “extortionist” tactics in negotiations with the Boy Scouts to obtain liability releases to which they would not be entitled under the policies they issued.
He also rejected the notion that a relatively small number of survivors should not be allowed to interfere with approval of a reorganization plan supported by tens of thousands of other claimants.
“From a common sense perspective, the BSA made a decision to shun and silence survivors of child sexual assault for decades and did not report their perpetrators for decades,” Caldie said. ”…. The Guam survivors are not terribly comfortable with ‘greater good’ arguments now, especially made buy the BSA.”
Closing arguments on whether the judge should approve the BSA plan are expected to conclude Wednesday.
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https://cw33.com/business/ap-business/future-liability-releases-at-center-of-boy-scouts-bankruptcy/
| 2022-04-13T14:27:40Z
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On heels of successful NYC relaunch, VIP events for customer care, marketing, and sales leaders resume internationally to meet demand for Conversational AI-led experiences
NEW YORK, June 2, 2022 /PRNewswire/ -- LivePerson (NASDAQ: LPSN), a global leader in Conversational AI, today announced the return of its signature in-person Executive Community events in the EMEA region with its first event to be held on June 16 in London. These international meetings bring VIPs together from the world's top brands to learn how their peers in customer care, marketing, and sales work with LivePerson to transform customer experience through Conversational AI.
The newly announced EMEA event follows LivePerson's highly successful return to in-person gatherings in its hometown of New York City. The NYC meeting marked LivePerson's first large-scale in-person event since early 2020. Close to 100 executives attended from many of the leading consumer brands in North America. Several of LivePerson's healthcare, retail, software, and travel and hospitality customers presented their successes leveraging the company's technology across a range of powerful use cases.
"Our New York City gathering demonstrated the incredible demand for insights and education around the transformative power of Conversational AI. We're excited to resume these marquee events, which are proven differentiators that drive meaningful deal flow for our business by bringing the possibilities of AI to life through our top customers' success stories," said Rob LoCascio, founder and CEO of LivePerson. "We're extremely grateful to our team and customer speakers who delivered an exceptional experience befitting our storied Executive Community."
In EMEA, LivePerson will host its return to in-person events in London on Thursday, June 16. The London Executive Community event will feature VIP speakers from EMEA's top financial, retail, telco, travel and hospitality, and other brands. Attendees will receive a behind-the-scenes look at how LivePerson customers tackled challenging business environments and came out ahead of their expectations by harnessing AI made in and for the contact center.
The London event will continue the tradition of bespoke experiences that have made a name for the Executive Community: exclusive presentations from world-class brands, small-group tech masterclasses, deluxe dining experiences, private networking receptions, and more. All LivePerson events adhere to local COVID-19 guidelines.
"Both current and prospective customer brands join our Executive Community for a private, exclusive peek behind the curtain, not only in terms of what our technology can do but also to understand how we build a culture of co-innovation, trust, and connection with them and their end-consumers," said LoCascio.
Customer care, marketing, IT, and sales leaders interested in LivePerson programming can learn more at LivePerson's Peer Exchange website.
LivePerson (NASDAQ: LPSN) is a leading Conversational AI company creating digital experiences that are Curiously Human. Every person is unique, and our technology makes it possible for companies to treat their audiences that way at scale. Our customers, including leading brands like HSBC, Orange, and GM Financial, can now meet consumers where they are across social media, messaging, email, voice, and more. Nearly a billion conversational interactions are powered by our Conversational Cloud each month. Out of that comes a uniquely rich data set for AI for brands to build connections that are anything but artificial. Fast Company named us the #1 Most Innovative AI Company in the world. To talk with us or our Conversational AI, please visit liveperson.com.
Statements in this press release and on our earnings call regarding LivePerson that are not historical facts are forward-looking statements and are subject to risks and uncertainties that could cause actual future events or results to differ materially from such statements. Any such forward-looking statements, including but not limited to financial guidance, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. It is routine for our internal projections and expectations to change as the quarter and year progress, and therefore it should be clearly understood that the internal projections and beliefs upon which we base our expectations may change. Although these expectations may change, we are under no obligation to inform you if they do. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: major public health issues, and specifically the pandemic caused by the spread of COVID-19, and their effects on the U.S. and global markets; our ability to retain key personnel, attract new personnel and to manage staff attrition; strain on our personnel resources and infrastructure from supporting our existing and growing customer base; the ability to successfully integrate past or potential future acquisitions; our ability to secure additional financing to execute our business strategy; delays in our implementation cycles; payment-related risks; potential fluctuations in our quarterly revenue and operating results; limitations on the effectiveness of our controls; non-payment or late payment of amounts due to us from a significant number of customers; volatility in the capital markets; recognition of revenue from subscriptions; customer retention and engagement; the migration of existing customers to our new platform; our ability to attract new customers and new consumer users of our consumer services; our ability to develop and maintain successful relationships with social media and other third-party consumer messaging platforms and endpoints; the highly competitive markets in which we operate; general economic conditions; privacy concerns relating to the Internet that could result in new legislation or negative public perception; new regulatory or other legal requirements that could materially impact our business; governmental export controls and economic sanctions; industry-specific regulation and unfavorable industry-specific laws, regulations or interpretive positions; future regulation of the Internet or mobile devices; greater than anticipated income, non-income and transactional tax liabilities; failures or security breaches in our services, those of our third party providers, or in the websites of our customers; regulation or possible misappropriation of personal information belonging to our customers' Internet users; technology systems beyond our control and technology-related defects that could disrupt the LivePerson services; our dependence on the continued viability of the Internet; our ability to protect our intellectual property rights or potential infringement of the intellectual property rights of third parties; the use of AI in our product offerings; the presence of, and difficulty in correcting, errors, failures or "bugs" in our products; our ability to license necessary third party software for use in our products and services, and our ability to successfully integrate third party software; potential adverse impact due to foreign currency and cryptocurrency exchange rate fluctuations; additional regulatory requirements, tax liabilities, currency exchange rate fluctuations and other risks as we expand internationally, as we expand into new offerings including AI-assisted healthcare and/or as we expand into direct-to-consumer services; risks related to our operations in Israel and Ukraine, and the civil and political unrest and potential for armed conflict in those regions; potential failure to meeting service level commitments to certain customers; legal liability and/or negative publicity for the services provided to consumers via our technology platforms; technological or other defects that could disrupt or negatively impact our services; our ability to maintain our reputation; our lengthy sales cycles; changes in accounting principles generally accepted in the United States; natural catastrophic events and interruption to our business by man-made problems; potential limitations on our ability to use net operating losses to offset future taxable income; risks related to our common stock being traded on more than one securities exchange; and other factors described in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 28, 2022. This list is intended to identify only certain of the principal factors that could cause actual results to differ from those discussed in the forward-looking statements. Readers are referred to the Company's reports and documents filed from time to time by us with the Securities and 6 Exchange Commission for a discussion of these and other important factors that could cause actual results to differ from those discussed in forward-looking statements.
Contact: Mike Tague, mtague@liveperson.com
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https://www.wibw.com/prnewswire/2022/06/02/liveperson-announces-return-signature-in-person-executive-community-events-london/
| 2022-06-02T17:57:59Z
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Havenly to expand offerings to include in-person services to make interior design more accessible
DENVER, May 4, 2022 /PRNewswire/ -- Havenly, the largest nationwide interior design business, announced today it is expanding into in-person design services, building on its mission to become the destination for inclusive and accessible interior design and furnishings.
This expansion will combine Havenly's innovative technology model, including its recently acquired photorealistic 3D capabilities from Occipital, their custom product line with The Inside, and the expertise of their accomplished interior designers to provide a holistic, hands-on design experience. Expanding into in-person aligns with Havenly's founding mission to make interior design a more welcoming, affordable and personalized experience for everyone.
With a transparent pricing model and democratized access to interior designers fueled by proprietary tech, Havenly seeks to extend their national interior design brand to further support clients in their own homes. Currently, traditional interior designers have long lead times for in-person services and are prioritizing luxury homes, significant budgets and cherry-picking styles, leaving a gap in the market for many seeking professional interior design help.
Havenly believes the power of a well designed home can enhance how you live, work, and play – all while improving mental health and well-being – and is actively expanding the number of people who have access to those benefits. Responding to the culture of its Gen Z and Millennial audience, Havenly's in-home services address the wants and needs of this market leveraging technology and transparency to create an effective and engaging business model. By creating an entry point for design with this unique demographic, Havenly's program introduces more customers to the transformative power of interior design and ultimately creates a longstanding pipeline for traditional interior design services.
"I started Havenly after struggling to find and afford a designer after I moved from NYC to Denver. After being turned down by many designers, I finally found someone who would work with me and had immediate sticker shock and frustration with an opaque process which made it difficult to understand upfront how much the furniture and fees would cost. I saw clear white space in the market where melding technology and human curation, we could bring the power of interior design to everyone and support our customers with a transparent cost structure and furniture sourced from all price points. Havenly was created to make design collaborative, accessible and fun, regardless of budget, style profile or location," said Lee Mayer, Co-Founder and CEO of Havenly. "Our expansion responds to the requests of our customers over the years, adding in-person services to deliver an enhanced design experience for our customers and addresses a market typically overlooked by other models."
Havenly helps bring dream homes to life with one-on-one design help and hand-picked products tailored to their unique style, space, and budget. Havenly's expert designers create hundreds of thousands of individualized designs each year and connect customers to the company's robust e-commerce platform featuring the most popular names in home retail as well as designer-exclusive brands. This expansion comes on the heels of Havenly's acquisition of direct-to-consumer home furnishings brand, The Inside, which will bring affordable custom furniture and home decor to their customers.
Havenly's in-person interior design services are now available for early access pricing of $499 ($200 off) for the first room design and $199 for each additional room, a fraction of the price of typical interior design services. The services are currently available in Atlanta, Austin, Chicago, Dallas, Denver, Houston, and New York City, and will expand to an additional 20-30 cities nationwide in the next 12 months.
To learn more about Havenly's design services and e-commerce platform, please visit: www.havenly.com.
About Havenly
Havenly is the largest interior design service that makes expert design accessible to anyone, regardless of budget or location. Havenly, founded by Lee Mayer, is a network of professional, highly screened and trained interior designers who create custom visual designs based on the client's unique style choices. They create hundreds of thousands of designs per year, making them the go-to source for in-home design inspiration across the country. Havenly's e-commerce platform is connected to hundreds of retailers for clients to make direct purchases with the guaranteed best prices. Start designing your space at Havenly.com or on the Havenly App, available on Apple App Store.
Media Contact
Factory PR
havenly@factorypr.com
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https://www.wibw.com/prnewswire/2022/05/04/havenly-announces-national-expansion-in-person-design-services/
| 2022-05-04T14:11:45Z
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MIAMI, June 14, 2022 /PRNewswire/ -- Last week Park-Equities announced the sale of the iconic 117-unit Mining Exchange Hotel. Taylor Grant with the firm represented sellers, nationally known attorney Perry Sanders and John Goede, and procured family-run buyer, Kemmons Wilson.
Kemmons Wilson invests largely in hotels with 40 properties in its portfolio. The company is named for Wilson's grandfather who, frustrated by the poor quality of hotels during a family trip, founded Holiday Inn in 1952.
The Mining Exchange was opened in 1901 as a stock exchange for mining corporations, later becoming an office building before Sanders gutted it to the brick and granite and transformed it into a boutique hotel.
"We managed to preserve one of the coolest historic buildings that's ever been built in this city," Sanders said. "When so many buildings have been torn down, we really took this back to its core, and preserved everything in it that could be preserved."
The property boasts a brass staircase, massive safes left over from the mining exchange, twelve-foot ceilings, solid-core privacy doors, separate sleeping areas, granite-topped desks, double-headed bathroom showers, recording studio-quality walls to prevent noise between rooms, 10,000 square feet of event space, a lobby bar, spa, and private courtyard to name a few features.
Taylor Grant introduced Kemmons Wilson to the potential deal who had some familiarity with the property from visiting years prior. Sanders and partner Goede initially had no intention to sell. Conversations become more serious when Grant procured a solid offer which Sanders also saw came from a group that may be a great fit to carry the legacy forward. A key item in the deal was Grants ability to negotiate sellers keeping the penthouse office within the hotel. "Perry transformed The Mining Exchange into an iconic, irreplaceable asset. Although I am not at liberty to disclose price, I can confidently say this is the highest per-room hotel sale recorded in the history of Colorado Springs." Grant said.
The transaction was done in conjunction with Colorado broker JDS Real Estate Services, Inc.
Park-Equities is a full-service real estate investment advisory firm with focus on the hospitality and multi-family markets. The firm is a subsidiary of Park Brokerage Inc. which has over 20 years of commercial brokerage experience. Together they have completed transactions in volume of over 1B.
press@park-equities.com
Kelsi Fogel
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SOURCE Park Equities
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https://www.wibw.com/prnewswire/2022/06/14/taylor-grant-park-equities-completes-sale-iconic-mining-exchange-hotel-cos-citys-highest-per-room-sale-ever-recorded/
| 2022-06-14T17:55:01Z
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Who is the Democratic version of Ron DeSantis?
At 43, the Florida governor has already established himself as a major candidate to lead the Republican Party once Donald Trump, now 76, leaves the scene. Democrats have no comparable figure poised to succeed Joe Biden, who is three years older than Trump and clearly showing signs of advanced age.
The question of who comes after Biden is being asked more loudly and more often, even by Democrats who supported the president two years ago. Biden insists he will run for a second term, when he’ll be 81. But in a stunning New York Times/Siena poll, 64% of all Democrats said they would prefer a different candidate heading the ticket in 2024, with only 26% favoring another Biden run.
The cause of their concern, bordering on panic, can be summed up in two numbers. The first is 37, Biden’s average approval rating, his lowest score ever. The second number is 18, the percentage of Americans who say the country is headed in the right direction, while 3 out of 4 express pessimism about the future.
The Times described the Democrats’ dismay: “As the challenges facing the nation mount and fatigued base voters show low enthusiasm, Democrats in union meetings, the back rooms of Capitol Hill and party gatherings from coast to coast are quietly worrying about Mr. Biden’s leadership, his age and his capability to take the fight to former President Trump a second time.”
But if not Biden, then who can “take the fight” to Trump, or his successor?
Bernie Sanders, who has already run and lost twice for the nomination, and threatens to run again, is already 80. Elizabeth Warren is 73. Vice President Kamala Harris is only 57, but she has underwhelmed Democrats with both her campaigning and executive skills. Transportation secretary Pete Buttigieg is 40, but the only political district he’s ever run is South Bend, Ind., population 102,000.
Two Democratic governors are raising their national profiles and hoping to fill what could be called the party’s “DeSantis Gap,” but both face obvious obstacles. California’s Gavin Newsom, 54, gained attention with a clever ad on Florida TV stations lacerating DeSantis and asserting, “Freedom is under attack in your state.”
Newsom, however, faced a recall election last year, with critics charging, “People in this state suffer the highest taxes in the nation, the highest homelessness rates and the lowest quality of life as a result.” He survived, but in 2020 alone, almost 650,000 residents left California, hardly an advertisement for the governor’s competence.
Illinois governor J.B. Pritzker, 57, drew praise after a deadly shooting in Highland Park by declaring with palpable passion: “Be angry. I’m furious that yet more innocent lives were taken by gun violence.” Pritzker received a standing ovation when he addressed a meeting of New Hampshire Democrats last month, and one enthusiastic local official told Politico, “He’s got great energy. He’s perfect.”
Still, Pritzker has to run for re-election this fall and remains untested on the national stage. He also belongs to one of the country’s wealthiest families, hardly a Joe-From-Scranton type.
Youth is not the only admirable asset in a potential president. Biden showed that only two years ago, as did Ronald Reagan, our oldest president before our current one. But American politics is always about the future, not the past, and younger candidates, energetic and hopeful, can express and embody that essential idea more convincingly than older rivals.
Between 1960 and 2012, Americans elected five Democratic presidents — Jack Kennedy, Lyndon Johnson, Jimmy Carter, Bill Clinton and Barack Obama. Their average age was just under 49. Kennedy captured their common message in his famous inaugural address when he intoned, “The torch has been passed to a new generation of Americans.”
He meant the generation that had fought World War II, but each of the others represented in their own way a new beginning, a fresh start. Johnson offered a “Great Society” that pioneered civil rights and Medicare. Carter promised truth after the lies of Watergate. Clinton, the first Baby Boomer president, campaigned as “The Man From Hope.” Obama became the first black president by running on a platform of “Hope and Change.”
As Democrats try to move past the Biden years, they have to ask who, or what, comes next. So far they don’t have an answer.
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https://www.albanyherald.com/opinion/steve-roberts-democrats-are-asking-whos-next/article_0b40ff2e-06b9-11ed-902e-2f8debd39490.html
| 2022-07-18T23:15:43Z
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NEW YORK, Aug. 17, 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:
Gemini Therapeutics, Inc. (NASDAQ: GMTX)'s merger with Disc Medicine, Inc. Pre-merger Gemini shareholders are expected to own approximately 28% of the combined company. If you are a Gemini shareholder, click here to learn more about your rights and options.
MVB Financial Corp. (NASDAQ: MVBF)'s merger with Integrated Financial Holdings, Inc. ("IFH"). Under the terms of the merger agreement, IFH shareholders will receive 1.21 shares of MVB Financial common stock for each share of IFH common stock. If you are a MVB Financial shareholder, click here to learn more about your rights and options.
Fortress Transportation and Infrastructure Investors LLC (NASDAQ: FTAI)'s merger with a subsidiary of FTAI Finance Holdco Ltd. If you are a Fortress shareholder, click here to learn more about your rights and options.
CarLotz, Inc. (NASDAQ: LOTZ)'s sale to Shift Technologies, Inc. for 0.692158 shares of Shift common stock for each share of CarLotz common stock. If you are a CarLotz 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
https://www.halpersadeh.com
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https://www.mysuncoast.com/prnewswire/2022/08/17/shareholder-investigation-notice-halper-sadeh-llp-investigates-gmtx-mvbf-ftai-lotz/
| 2022-08-17T16:52:25Z
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SAN FRANCISCO (AP) — Exhibiting a determined confidence and grit all game, Andrew Wiggins single-handedly took the pressure off Stephen Curry and delivered the best game yet of his eight-year career.
Now, the first-time All-Star is on the cusp of becoming a first-time NBA champion — and helping Curry capture yet another title.
“It’s something I dreamt about for sure, being in the league, and this is the ultimate stage,” Wiggins said. “It doesn’t get bigger than this.”
Wiggins had 26 points and 13 rebounds, Klay Thompson scored 21 points and the Golden State Warriors beat the Boston Celtics 104-94 on Monday night for a 3-2 NBA Finals lead.
“Coming into this year, he was an All-Star starter for a reason,” Draymond Green said. “… The bigger the challenge has been that we’ve thrown in front of him, the bigger he’s responded. You want a guy like that. When the stage gets big, they respond and play their best basketball, and that’s what he’s been doing.”
One game after his 43-point performance, Curry contributed 16 points and eight assists but was 0 for 9 from 3-point range. The career 3-point leader’s NBA-record streak of 132 straight postseason games with at least one 3 ended, along with his NBA-best run of 233 consecutive games with a 3 between regular season and playoffs combined.
“Uh, keep shooting, very simple,” Curry said, grinning. “I’m not afraid to go 0-fer or whatever because I’m going to keep shooting.”
Green knows how Curry will respond: “He’s going to be livid going into Game 6. That’s exactly what we need.”
Capping his brilliant performance on both ends, Wiggins drove through the lane for an emphatic one-handed slam with 2:10 left.
“Bottom line is he’s just having fun playing basketball,” Curry said.
The Warriors can win their fourth title in eight years when the series resumes in Boston on Thursday night. If the Celtics can win at home, the series will return to the Bay Area for a winner-take-all Game 7 on Sunday. All five games so far have been decided by 10 or more points.
Jayson Tatum had 27 points and 10 rebounds for the Celtics, who lost consecutive games for the first time in the postseason. Marcus Smart was whistled for a technical foul then an offensive foul in a one-second span early in the fourth. He overcame a slow start to score 20 points.
Jordan Poole knocked down a 33-foot 3 from the left wing to beat the third-quarter buzzer as the Warriors took a 75-74 lead into the final 12 minutes after the Celtics roared back in the third.
The Celtics found their own third-quarter magic that has long defined Golden State’s success in the second half. Boston trailed 51-39 at the break before charging back with a 35-point outburst in the third.
Al Horford hit a go-ahead 3-pointer with 6:28 left in the period that made it 58-55 as the Celtics finally found their shooting groove from deep. Boston made eight straight made 3 after missing the initial 12.
“Definitely we weren’t as sharp as we needed to be during times there. Just tough,” Horford said. “Definitely now, our backs are against the wall, and we have to see what we’re made of.”
Jaylen Brown was 2 for 11 to start the game and finished with 18 points on 5-of-18 shooting and missed all five of his 3-point tries.
Tatum gave Boston its first 3-pointer on the night 4:34 before halftime and the Celtics wound up 11 of 32 from deep overall. The Celtics were sloppy in stretches, committing 18 turnovers.
“When we’re at our best, it’s simple ball movement. I think the third quarter showed that. The drive and kick was beautiful, was working, getting guys wide-open shots,” coach Ime Udoka said.
Golden State wound up 9 of 40 from beyond the arc — Wiggins 0 of 6. Curry didn’t make a 3-pointer for the first time since going 0 for 4 in a 134-111 loss to the Bucks on Nov. 18, 2018.
“A night that he didn’t have it going we found offense elsewhere,” said Green, who had eight points, eight rebounds and seven assists before fouling out with 3:01 remaining.
KLAY’S DAY
Thompson shot 7 for 14 with five 3-pointers in another shining playoff moment.
Monday marked exactly three years since Thompson tore the ACL in his left knee and had surgery before later tearing his right Achilles tendon while working back from the first injury — forcing him to miss more than 2 1/2 years.
Thompson was hurt in the deciding Game 6 of the 2019 NBA Finals as Toronto clinched the franchise’s first championship playing on the Warriors’ previous home floor in Oracle Arena.
Entering Game 5, Thompson’s 35.8% shooting was the lowest for any NBA Finals he has played, and he is making just 34.2% from deep — down from 58.5% on 3s in the 2019 finals.
QUARTER-CENTURY MARK
In a trip down memory lane, Steve Kerr coached the Warriors on the 25th anniversary of his game-winning shot in Game 6 of NBA Finals as the Bulls beat the Jazz to clinch Chicago’s fifth championship.
He thought back to that special moment before the game.
“An incredible memory obviously. Something every young basketball player dreams of. So to be able to live that was pretty amazing,” Kerr said, smiling. “And then the fact that it’s 25 years ago just makes me feel old, of course.”
TIP-INS
Celtics: Robert Williams III had 10 points and eight rebounds, starting and playing without limits for the Celtics after aggravating his surgically repaired left knee in Game 4. .
Warriors: Gary Payton II had 15 points off the bench and Poole 14. The Warriors missed their initial four 3-point tries before Thompson connected at the 5:14 mark of the first. … Otto Porter Jr. started for a second straight game with Kevon Looney coming off the bench.
SILVER SIDELINED
NBA Commissioner Adam Silver missed the game, entering the league’s health and safety protocols.
The NBA didn’t offer further details, such as specifying whether Silver tested positive for COVID-19 or was a close contact with someone who had.
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More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/wiggins-delivers-on-both-ends-warriors-lead-nba-finals-3-2/
| 2022-06-14T07:07:03Z
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HARRISBURG, Pa. (AP) — As Pennsylvania Republicans prepare to choose a nominee for governor Tuesday, some party officials are twisted in knots over the possibility of a primary victory by a candidate many see as too far to the right to win statewide this fall.
Doug Mastriano, a retired U.S. Army colonel and state senator since 2019, has led polls while spending a fraction of the money that some of the other eight candidates listed on the Republican primary ballot have spent.
Mastriano recently won theendorsement of Donald Trump after working with the former president to overturn his loss in 2020’s election in the presidential battleground state and helping spread Trump’s lies that widespread voter fraud cost him victory. Many party officials urged Trump not to endorse Mastriano, fearing he cannot win over the moderate voters necessary to prevail in politically divided Pennsylvania.
Democrats, meanwhile, are united behind the state’s two-term elected attorney general, Josh Shapiro. He is uncontested on the primary ballot after wrapping up the endorsement of the state party and its top allies, including the AFL-CIO, and raising more than $20 million since early 2021.
Shapiro helped cement his reputation with a landmark grand jury investigation into child sexual abuse coverups inside Pennsylvania’s Roman Catholic dioceses and defending Pennsylvania’s 2020 election result against attempts in court to overturn it by Trump and his allies.
They are vying for the right to succeed Democratic Gov. Tom Wolf, who is constitutionally term-limited after entering office in 2015. The winner is likely to share power with a Republican-led Legislature, where entrenched GOP majorities have controlled the floors for nearly all of the past three decades.
Mastriano has insisted to supporters that he is not a far-right candidate and that his platforms — including eliminating mail-in voting, expanding gun rights, banning abortion and banishing school property taxes — enjoy broad support.
Rather, he says Democrats — including President Joe Biden — are far-left radicals while the Republican “swamp” is trying to defeat him. Shapiro’s campaign, meanwhile, is running a TV ad portraying Mastriano as extreme and saying that if Mastriano wins, “it’s a win for what Donald Trump stands for.”
Mastriano represents a heavily Republican state Senate district based in Franklin County on Pennsylvania’s southern border with Maryland.
Republican voters will see nine names on the ballot for governor, even though two — Jake Corman and Melissa Hart — say they have ended their campaigns and endorsed former U.S. Rep. Lou Barletta as part of a last-ditch attempt to help defeat Mastriano.
Barletta has picked up a number of endorsements by current and former Republican officeholders, including members of Congress.
Besides Mastriano, Barletta, Corman and Hart, also on the Republican ballot for governor are: Joe Gale, a Montgomery County commissioner; Charlie Gerow, a marketing consultant and longtime conservative activist; Bill McSwain, a lawyer who was the Trump-appointed U.S. attorney in Philadelphia; Dave White, who runs a large plumbing and HVAC firm and is a former Delaware County councilman; and Nche Zama, a retired heart surgeon who has directed units at various hospitals in Pennsylvania.
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter at https://twitter.com/ap_politics.
___
Follow Marc Levy on Twitter at https://twitter.com/timelywriter
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https://cw33.com/news/politics/ap-politics/pennsylvania-governor-race-divides-republicans-unites-dems/
| 2022-05-17T14:30:54Z
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NEW YORK, June 16, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Pegasystems Inc. ("PEGA" or the "Company") (NASDAQ: PEGA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PEGA investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons and entities that purchased PEGA common stock between May 29, 2020 and May 9, 2022, inclusive. Follow the link below to get more information and be contacted by a member of our team:
PEGA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian, a principal competitor; (2) defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO; (4) the Company's CEO and other officers and employees did not comply with the Company's written Code of Conduct, including its express prohibition on "stealing" confidential information from a competitor and "misrepresenting your identity in hopes of obtaining confidential information"; (5) the Company was "unable to reasonably estimate damages" in the lawsuit filed by Appian as a result of the foregoing misconduct (the "Appian Litigation"); and (6) as a result of the foregoing, defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
WHAT'S NEXT? If you suffered a loss in PEGA during the relevant time frame, you have until July 18, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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https://www.mysuncoast.com/prnewswire/2022/06/16/pega-lawsuit-alert-levi-amp-korsinsky-notifies-pegasystems-inc-investors-class-action-lawsuit-upcoming-deadline/
| 2022-06-16T11:06:34Z
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CLIFTON, N.J., April 20, 2022 /PRNewswire/ -- Damascus Bakery OPCO LLC is voluntarily recalling a limited number of cartons of Bantam Bagels Everybody's Favorite Veggie Cream Cheese due to an incorrect item being placed in the carton with an undeclared egg allergen. People who have an egg allergy run the risk of serious or life-threatening allergic reaction if they consume the items in this product lot.
All product affected have a best by date of June 10, 2023, which has been printed on the left side of the carton. The recalled product was distributed to Publix stores in Florida and Georgia via distributors.
To date, no illnesses related to this recall have been reported. No other Damascus Bakery OPCO LLC or Bantam Bagels products are affected.
Consumers who have purchased the above product(s) are asked to:
- Dispose of the product immediately
- Contact Bantam Bagels Customer Service at 866-451-6744 for a replacement coupon
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SOURCE Bantam Bagels LLC
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https://www.mysuncoast.com/prnewswire/2022/04/20/damascus-bakery-recalls-one-lot-bantam-bagels-everybodys-favorite-veggie-cream-cheese/
| 2022-04-20T16:36:46Z
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ST. PAUL, Minn., Aug. 9, 2022 /PRNewswire/ -- GREATER MSP announced today that Morris Goodwin will join the region's economic development partnership as Forge North Managing Director and Enterprise Financial Advisor. Goodwin will be the first Managing Director of Forge North, a coalition of more than 150 partners accelerating startup growth & innovation across the Greater Minneapolis-Saint Paul region.
Goodwin's first day at GREATER MSP will be August 22.
As Forge North Managing Director, Goodwin will be responsible for leading the growing coalition of entrepreneurs, investors, business executives, entrepreneurial support organizations, and others who are collaborating to increase startup capital, advance racial equity, and drive partnerships between startups and large enterprises. Goodwin will work with the Forge North executive Leadership Council and other GREATER MSP leaders to drive inclusive growth across the entire region.
"Morris brings decades of executive leadership and investment experience to Forge North and to the entire GREATER MSP Partnership," said GREATER MSP President and CEO Peter Frosch. "Morris will accelerate the already strong momentum in Forge North and have a significant impact on growing our region's start-up and innovation ecosystem."
Goodwin will be a member of the senior leadership team at GREATER MSP, and as Enterprise Financial Advisor, will provide expertise and support to the organization's finances.
"This new role at GREATER MSP is the perfect opportunity," said Goodwin. "I will be able to help increase the flow of investment capital and financial acumen to the startup ecosystem, especially to entrepreneurs, established companies and non-profits led by communities of color."
Goodwin is a well-known leader across the Greater MSP region with extensive financial and community leadership experience. He currently serves as Chief Financial Officer of American Public Media Group (APMG), the parent organization to Minnesota Public Radio and American Public Media, the nation's second-largest producer of public radio programs.
"Morris Goodwin's leadership has provided Minnesota Public Radio and the entire American Public Media Group both growth and greater financial strength during his eight-year tenure," said Jean Taylor, CEO of American Public Media Group. "He is passionate about strengthening communities and ensuring all voices are heard in public media. I am delighted for our community that his devotion to serving people and his financial prowess will be aimed at creating more equity through his work at GREATER MSP."
Prior to APMG, Goodwin served as Chief Financial and Administrative Officer at the Amherst H. Wilder Foundation. Previously, Morris served as president and executive principal of The Hogan Group a private investment banking firm; executive vice president and chief financial officer of Vivius Inc., senior vice president and treasurer at Deluxe Corporation; vice president and corporate treasurer of American Express Financial Advisors, and has held various other positions in commercial and investment banking – including leadership positions at JP Morgan Chase and Morgan Stanley and startup initiatives in healthcare and financial services. Goodwin earned his MBA from Stanford University and bachelor's degree from Williams College.
Goodwin is an active community leader, serving on the Board of Directors of HealthPartners, Bigelow Foundation, Twin Cities R!SE, Episcopal Church of Minnesota, and the Minnesota State Board of Investments Advisory Council. He has served on several other boards including the Minneapolis Foundation, Minnesota Public Radio, Charities Review Council, and Metropolitan Economic Development Association (MEDA). Goodwin is also an ordained deacon in the Episcopal Church of Minnesota. Goodwin was born and raised in south Minneapolis and currently lives in Minneapolis with his wife Donna.
"Forge North is about connecting all the dots across our entrepreneurial ecosystem, and Morris brings tremendous leadership skills and experience to help our coalition do just that," said Forge North co-chair and GREATER MSP board member Michael Jones, Senior Executive Vice President for Huntington Bank. "I'm excited to work with Morris and others to build more partnerships between large enterprises and startup firms in Minnesota that will drive innovation and inclusive growth."
Goodwin will partner with leaders of startups, venture capital firms, accelerators, university and government programs, foundations, and others leading current and future coalition projects such as the MSP Equity Fund, Angel Activation Campaign, Forge North Enterprise Playbook, and others.
"I am thrilled to see Morris bring his deep expertise in capital markets and investing to Forge North," said Forge North co-chair Mary Grove, Managing Partner at Bread & Butter Ventures. "He will help catalyze more early-stage funding opportunities across our region."
GREATER MSP is the economic development partnership for the 15-county Minneapolis Saint Paul region. Over 300 leading businesses, universities, cities, counties, philanthropies, and others are working together to accelerate the competitiveness of the regional economy and drive inclusive economic growth by creating jobs, expanding our labor force, and increasing investment. For more information go to greatermsp.org.
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https://www.mysuncoast.com/prnewswire/2022/08/09/veteran-finance-executive-morris-goodwin-named-forge-north-managing-director-greater-msp/
| 2022-08-09T22:45:01Z
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WASHINGTON, May 10, 2022 /PRNewswire/ -- We are delighted to announce that Dr. Cristián Samper will join the Bezos Earth Fund as Managing Director and Leader of Nature Solutions. He will lead a $3 billion nature solutions portfolio to protect and restore nature and transform food systems as part of Jeff Bezos' $10 billion personal commitment to protect nature and fight climate change.
"Cristián is a giant in the conservation field, and we're honored he's joining us on a full-time basis to drive our nature agenda," said Bezos Earth Fund President and CEO, Dr. Andrew Steer. "The enormity of the challenge ahead requires vision and bold action, and Cristian's leadership is critical in this decisive decade."
Samper is currently advising the Earth Fund as its Principal Advisor for Nature, where he's helped shape the organization's nature portfolio. He also helped design and launch the Protecting Our Planet Challenge, a coalition of foundations, including the Earth Fund, pledging $5 billion to support the protection of 30% of the planet by 2030.
"We are fortunate to have Cristián as a key member of the Bezos Earth Fund team," said Lauren Sánchez, Vice Chair of the Bezos Earth Fund. "His contributions have already made an impact and will continue to push the organization's mission further, helping drive critical climate and nature solutions."
Samper will step down as President and CEO of the Wildlife Conservation Society (WCS), where he has overseen one of the largest environmental nonprofit organizations in the world and a global conservation program in nearly 60 countries. His role has included managing the world's most extensive collection of urban parks — including the Bronx Zoo, New York Aquarium, Central Park Zoo, Queens Zoo and Prospect Park Zoo.
"It gives me great pride to continue supporting, and to be soon leading, the nature solutions portfolio at the Bezos Earth Fund," said Samper. "It's important that we continue to provide innovative solutions to the climate crisis and that includes valuing the role nature plays in addressing the world's greatest challenge."
Before leading WCS, Samper was the Director of the Smithsonian Institution's National Museum of Natural History, the world's most extensive natural history collection, from 2003 to 2012, and served as acting Secretary of the Smithsonian from 2007 to 2008, the first Latin American to hold the position.
The Bezos Earth Fund is Jeff Bezos' $10 billion personal commitment to fund scientists, activists, NGOs and others to help drive climate and nature solutions. By allocating funds creatively, wisely and boldly, the Bezos Earth Fund has the potential for transformative influence in this decisive decade. Funds will be fully allocated by 2030 — the date by which the United Nations Sustainable Development Goals must be achieved.
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SOURCE Bezos Earth Fund
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https://www.mysuncoast.com/prnewswire/2022/05/10/cristin-samper-join-bezos-earth-fund-managing-director-leader-nature-solutions/
| 2022-05-11T03:33:07Z
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MEMPHIS, Tenn. (WREG) — From the sky to the ground, a massive search is underway across Memphis for Eliza Fletcher, a missing mother of two last seen Friday when she was jogging.
Early Sunday morning, Memphis Police announced the arrest of 38-year-old Cleotha Abston. Investigators say he waited for Fletcher, a teacher at St. Mary’s Episcopal School, to run by him and forced her into a vehicle and then drove off.
A police report revealed that DNA from a pair of shoes left at the scene linked back to him. Despite being taken into custody, investigators say he did not provide information about Fletcher’s whereabouts.
“More than anything we want Liza returned home safely,” said Fletcher’s uncle Mike Keeney.
Law enforcement spent much of Sunday searching in South Memphis. Police said they received a tip to check out Pine Hill Park, prompting dozens of officers to fill the area.
A mile away from the park officers were also seen removing a dumpster from Longview Garden Apartments, which is where a relative of Abston lives.
Officers later returned to the complex to conduct a manhunt, but did not provide specific details about who they were looking for.
Despite officers stopping at several other locations across the city, Fletcher has yet to be found.
“We believe someone knows what happened can help,” Keeney said. “If you have any information on this crime or Eliza’s location, call the police.”
The family is still offering a $50,000 reward for information about Fletcher’s whereabouts. If you know anything, call CrimeStoppers at (901) 528-CASH.
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https://cw33.com/news/nexstar-media-wire/search-for-missing-teacher-eliza-fletcher-continues/
| 2022-09-05T14:05:02Z
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With $20 Million of Ecosystem Genesis Fund offered to developers deploying dApps on the new EVM compatible chain.
NICOSIA, Cyprus, July 18, 2022 /PRNewswire/ -- The Function X blockchain project is proud to celebrate its latest milestone: the launch of the EVM compatible chain (FXEVM) on the Function X Mainnet and completed its upgrade at block height 5,713,000.
This upgrade allows developers to migrate their decentralized apps (dApps) to Function X instantly and provides the infrastructure to make sure the dApps run smoothly, with low fees and on a secured network. Function X is one of the first projects to integrate an EVM compatible chain on a chain based on the Cosmos network.
The EVM compatible chain is crucial to Function X's goal of becoming a decentralized finance (DeFi) blockchain platform that strengthens the DeFi ecosystem and encourage developers to use Function X to contribute to the advancement of DeFi and blockchain technology.
More new use-cases will be built on the ecosystem. For example, the FXEVM launch follows the successful deployment of a retail payment solution (Pundi X Chain) and perpetual derivatives trading platform (MarginX). Function X also allows developers to customize the chain based on their needs using the Subnet solution while inheriting Function X's speed and security.
After the FXEVM upgrade, users can bridge their $FX and other tokens (such as FX, PUNDIX, PURSE, USDT, and more) from Ethereum to FXEVM using FX Bridge. f(x)Swap will be one of the first dApps available on FXEVM. It's a decentralized exchange that users can swap different cryptocurrency via MetaMask or any other decentralized wallet supporting WalletConnect e.g f(x)Wallet.
Apart from swapping, there will also be Liquidity Pools, where anyone can become a liquidity provider for a pool and earn rewards in the form of trading fees when users trade in those pools.
Deploying dApps to Function X EVM
Function X invites all developers to come and build on the FXEVM. The dApps the developers w'll be able to build include not only DEXes but also liquidity protocols, yield aggregators, NFT Marketplaces, and many more. To top it off, the Foundation is allocating $20 million from its Ecosystem Genesis Fund to attract developers and nurture the development of the Function X ecosystem.
The Ecosystem Genesis Fund is transparent and accessible to all developers through governance proposals. This fund is allocated to encourage and help to accelerate the development of Function X and FXEVM.
With the recent FXEVM upgrade and new investments into the Ecosystem Genesis Fund, the Function X network is set for impressive growth and exciting times ahead.
Watch FXEVM at https://youtu.be/F2VHnHd2-bs
About Function X Foundation
Function X Foundation is a nonprofit, independent organization that supports the growth of the Function X Ecosystem, a next-generation internet service framework, built entirely on and for the blockchain. It is a completely new ecosystem providing a novel service framework by improving the existing internet and blockchain architectures, combining the benefits of both, and using the most commonly used technical solutions. The Foundation has been set up to manage the usage of the Ecosystem Genesis Fund, which aims to motivate, encourage and facilitate service providers to join and get rooted into the Function X Ecosystem.
For more information about Function X, visit https://www.functionx.io
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https://www.kxii.com/prnewswire/2022/07/18/function-x-launched-evm-chain-scale-its-defi-ecosystem/
| 2022-07-18T08:42:31Z
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CARY, N.C., July 21, 2022 /PRNewswire/ -- Fathom Holdings Inc. (NASDAQ: FTHM), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings for brokerages and agents, today announced it will release its 2022 second quarter financial results after market close on Thursday, August 4, 2022. The Company will host an investor conference call the same day.
Fathom Holdings Inc. is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings to brokerages and agents by leveraging its proprietary cloud-based software, intelliAgent. The Company's brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title. For more information, visit www.FathomInc.com.
Investor Relations Contacts:
Roger Pondel/Laurie Berman
PondelWilkinson Inc.
investorrelations@fathomrealty.com
(310) 279-5980
Marco Fregenal
President and CFO
Fathom Holdings Inc.
investorrelations@fathomrealty.com
(888) 455-6040
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https://www.mysuncoast.com/prnewswire/2022/07/21/fathom-holdings-inc-report-2022-second-quarter-financial-results-host-conference-call-thursday-august-4-2022/
| 2022-07-21T12:42:52Z
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Toddler flown to hospital after crash
Published: Sep. 13, 2022 at 5:07 PM CDT|Updated: 11 minutes ago
SEMINOLE, Okla. (KXII) - A 2-year-old child was flown to the hospital after a crash in Seminole Tuesday morning.
The Oklahoma Highway Patrol said it happened on OK-3E / EW1190 RD approximately 2 miles north of Seminole at around 8:46 a.m.
Troopers said 28-year-old Laura Harrison was headed westbound on county road EW1190, ran a stop sign, and stuck an SUV, driven by 55-year-old Dana Dethrow, that was going southbound on Highway OK-3E.
Harrison’s passenger, a 2-year-old child, was flown to OU Children’s Hospital with head an internal injuries.
Troopers said Harrison and the child were not wearing a seatbelt at the time of the crash.
Harrison and the driver of the SUV, Dethrow, were not injured.
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/09/13/2-year-old-flown-hospital-after-crash/
| 2022-09-13T22:23:31Z
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To celebrate the new website launch, Sartori Cheese announces sweepstakes.
PLYMOUTH, Wis., June 1, 2022 /PRNewswire/ -- Sartori Cheese is excited to announce the launch of their new website. Patrons can view & purchase products, explore pairing suggestions and review new recipe content. The site showcases the history behind our fourth-generation family-owned company, explores what it takes to become a Master Cheesemaker and highlights the shared relationship between Sartori and local family farms.
"After listening to our patrons, we set out to build a website that celebrates the products, Team Members, Family Farms and stories that make Sartori Cheese special," explained President Bert Sartori. "We are excited to continue more meaningful connections with our patrons, and we look forward to helping everyone by sharing our cheese knowledge and passion through this new site."
To celebrate the new website, Sartori is giving away free cheese for a year to three lucky winners. The sweepstakes are open from 5/18/2022 through 8/17/2022. Patrons who complete the entry form at https://www.sartoricheese.com/sweepstakes/ will receive an entry into the sweepstakes. Along with being entered into the sweepstakes, visitors can expect to receive emails containing access to special discounts, exclusive promotions and a sneak-peek into everything Sartori including new product launches. Three winners will be chosen and contacted via email at the end of August 2022.
Sartori, a fourth-generation family-owned company, has proudly produced award-winning, artisan cheese for customers worldwide since 1939. Rooted in Plymouth, Wisconsin, Sartori's emphasis on a high-quality and handcrafted approach to cheesemaking is a timeless family tradition. For more information, please www.sartoricheese.com or email press@sartoricheese.com.
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https://www.mysuncoast.com/prnewswire/2022/06/01/win-sartori-cheese-year/
| 2022-06-01T18:36:13Z
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ENGLEWOOD, Colo., July 13, 2022 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, today announced that management will participate in the Benzinga All-Access Show, as well as the Jefferies Semis, IT Hardware & Comm Infrastructure Summit.
Lightwave Logic CEO Dr. Michael Lebby and President Jim Marcelli will participate in one-on-one investor meetings throughout the day at the Jefferies Summit and are scheduled to host a presentation at the Benzinga All-Access Show as follows.
Benzinga All-Access Show
Date: Friday, July 22, 2022
Presentation Time: 9:20 a.m. Eastern time
Webcast: https://youtu.be/_ZV7EIrsfxM
Jefferies Semis, IT Hardware & Comm Infrastructure Summit
When: Tuesday, August 30, 2022
Location: Sofitel Chicago Magnificent Mile – Chicago, IL
A live audio webcast and archive of the Benzinga presentation will be available using the link to the conference website above. Registration is required for conference participation. For more information or to schedule a meeting with management at the Jefferies Summit, please contact MZ Group at LWLG@mzgroup.us or your Jefferies representative.
Lightwave Logic, Inc. (NASDAQ: LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power. The Company's high-activity and high-stability organic polymers allow Lightwave Logic to create next-generation photonic EO devices, which convert data from electrical signals into optical signals, for applications in data communications and telecommunications markets. For more information, please visit the Company's website at lightwavelogic.com.
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K and Form 10-Q; other risks to which our Company is subject; other factors beyond the Company's control.
Lucas A. Zimmerman
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
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https://www.kxii.com/prnewswire/2022/07/13/lightwave-logic-participate-upcoming-investor-conferences/
| 2022-07-13T13:06:16Z
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PITTSBURGH, May 18, 2022 /PRNewswire/ -- "I wanted to create a tampon that would offer added protection and comfort, particularly while swimming or participating in other watersports," said an inventor, from Berkley, Mass., "so I invented the WATERSPORT TAMPON. My design would ensure that a woman is fully protected while swimming during her period."
The invention provides an improved tampon for use during in-water activities like swimming. In doing so, it helps to prevent leakage. As a result, it enhances comfort and it provides added protection and peace of mind. The invention features an effective design that is easy to use so it is ideal for women of menstrual age. Additionally, it is producible in design variations.
The original design was submitted to the Boston sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-BEC-151, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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https://www.kxii.com/prnewswire/2022/05/18/inventhelp-inventor-develops-improved-tampon-swimming-amp-watersports-bec-151/
| 2022-05-18T15:16:34Z
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NEW YORK, June 23, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Innovative Industrial Properties, Inc. ("Innovative Industrial Properties" or the "Company") (NYSE: IIPR) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Innovative Industrial Properties investors who were adversely affected by alleged securities fraud between May 7, 2020 and April 13, 2022. Follow the link below to get more information and be contacted by a member of our team:
IIPR investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Innovative Industrial Properties' focus is to be a cannabis company lender rather than a REIT; (2) that the true values of the Company's properties are significantly lower than Innovative Industrial Properties represents; (3) there are existential issues in its top customers; (4) as a result, its top customers may not be able to continue making payments to Innovative Industrial Properties and the Company would face significant issues replacing these customers; and (5) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT'S NEXT? If you suffered a loss in Innovative Industrial Properties during the relevant time frame, you have until June 24, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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| 2022-06-23T11:27:29Z
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This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Regarding Forward-Looking Statements" later in this news release. The information contained in this news release is unaudited.
- Consolidated adjusted EBITDA1 up 4.6% driven by 3.8% service revenue growth
- Net earnings of $654 million, down 10.9%, with net earnings attributable to common shareholders of $596 million, or $0.66 per common share, down 13.2%; adjusted net earnings1 of $791 million generated adjusted EPS1 of $0.87, up 4.8%
- Wireless operating momentum continues: 110,761 mobile phone net subscriber activations, up 139.5%; best-ever quarterly postpaid churn2 rate of 0.75%; 3.8% higher mobile phone blended ARPU3; and strong service revenue and adjusted EBITDA growth of 7.8% and 8.3% respectively
- Next evolution of 5G underway with the launch of mobile 5G+, delivering Bell's fastest mobile speeds ever
- Retail Internet net activations up 27.9% to 22,620 with 8% residential Internet revenue growth; on track to deliver approximately 900,000 new fibre locations in 2022
- Broadband leadership underscored with upcoming launches of 8 Gbps symmetrical pure fibre Internet service in select areas of Toronto with data upload speeds 250 times faster than cable, and Wi-Fi 6E technology; and newly launched Fibe TV service powered by Google Android TV
- Media revenue up 8.7% with 5.6% adjusted EBITDA growth; digital revenue4 up 55%
- Reconfirming all 2022 financial guidance targets
MONTRÉAL, Aug. 4, 2022 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today reported results for the second quarter (Q2) of 2022.
"The Bell team continues to deliver for all the stakeholders we serve. Q2 marked another quarter of consistent operational execution, demonstrating that our strategy to reach more Canadians in communities large and small across our footprint with the best network technologies, as well as our efforts to champion the customer experience is the right approach to move us forward," said Mirko Bibic, President and CEO of BCE and Bell Canada.
"We continue to see momentum in wireless with 110,761 mobile phone net subscriber activations and strong service revenue growth. Our retail Internet net activations were also up 27.9% with 8% residential Internet revenue growth. These excellent results are a testament to the significant and unprecedented investments we're making in network connectivity, reliability, and our fibre footprint expansion. In addition, our continued investments in customer experience and digital support options are encouraging customers to stay with Bell, as reflected in a third consecutive quarter of improved churn for our wireless, residential Internet and Fibe TV services.
The Bell team continues to be there for our customers with reliable, robust networks and innovative products and services. By the end of the year, we will have invested $14 billion since 2020, including planned capital expenditures of approximately $5 billion for 2022, the highest amount ever by a Canadian telecom company in both a single year and over a three-year cycle. These massive investments are going towards our fibre-to-the-home and 5G wireless core networks, ongoing expansion into rural and remote communities, as well as on boosting capacity and ensuring resiliency. Most importantly, we're investing in our people. We welcomed 570 new grads and interns to our team across the country, and are looking to hire over 1,000 team members with high-tech skills by the end of this year."
KEY BUSINESS DEVELOPMENTS
Building the Best Networks
Bell expanded availability of its 3-gigabit per second symmetrical Internet service to Québec City and announced that 8-gigabit per second symmetrical Internet speeds will be available for customers in the coming months, starting in Toronto this Fall. Bell is also launching Wi-Fi 6E, the fastest Wi-Fi technology available today. Bell expanded pure fibre Internet access to approximately 160,000 additional homes and businesses in London, Ontario; approximately 5,000 in Kingsville, Ontario; and over 20,000 homes and businesses in New Brunswick. Bell continued to work closely with governments on projects to bring broadband access to remote and other hard to serve areas including to the Rural Municipality of Kingston in conjunction with the PEI Broadband Fund and the Municipality of Kingston, and in Northern Québec and Newfoundland and Labrador with the federal Universal Broadband Fund.
5G Leadership and Technology Innovation
Bell announced the commercial availability of 5G+ in Toronto and parts of Southern Ontario, the next evolution of 5G using the 3500 MHz spectrum obtained in the ISED auction last year. Bell expects to cover approximately 40% of the Canadian population with 5G+ by the end of 2022, including the Greater Toronto Area, Halifax, Nova Scotia, St. John's, Newfoundland and Sherbrooke, Québec. Bell also announced the upcoming rollout of its nationwide 5G standalone core to enable the development and delivery of new and more advanced services with lower latency and greater capacity. Bell continues to work with partners on 5G and network innovations including Numana in Québec on an open quantum telecommunications network and The PIER in Halifax for a 5G-ready wireless private network at its innovation hub.
Delivering compelling content
Bell Media signed a long-term agreement with the NFL to continue to be the exclusive television broadcast partner of the NFL in Canada with TSN, CTV and RDS airing games across the country. TSN, RDS, CTV and Noovo delivered extensive coverage of the Formula1 Canadian Grand Prix, and TSN and RDS kicked off the CFL 2022 season. Bell Media announced the details of its English and French language Fall 2022 – Winter 2023 slate as part of its Upfront 22 and Futur 22 events, including nearly 100 titles of original programming. The Amazing Race Canada is back after a two-year hiatus with Season 8 on CTV, Crave Original Canada's Drag Race Season Three is now streaming on Crave, and Shoresy was the most-watched Canadian series launch on Crave.
Bell kicked off the summer festival season supporting marquee events across the country including an expansion of its sponsorship agreement with evenko as presenting sponsor of Osheaga, îLESONIQ and LASSO Montréal festivals, presenting sponsor of the Cavendish Beach Music Festival in PEI, the Area 506 festival in New Brunswick, and the Bell Grandstand Show at the Calgary Stampede. Bell continues to be a leader in Canada's rapidly growing esports community with the renewal and expansion of its partnership with OverActive Media, a global esports and entertainment organization, and the recent unveiling of the Raptors Uprising gaming hub, the Bell Gaming Centre. Bell Fibe TV customers in Ontario and Québec can now enjoy new capabilities and features including access to the Google Play app catalogue, voice remote powered by Google Assistant, universal search and Cloud PVR, backed by Google Android TV.
Bell for Better: Better World, Better Communities, Better Workplace
Bell was the highest ranked telco in the world and #4 overall in Canada on the Best 50 Corporate Citizens list compiled by Corporate Knights. Bell's science-based targets for greenhouse gas emissions reduction have been approved by the Science Based Targets initiative (SBTi)1. Science-based targets are emissions reduction targets in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement to limit global warming to 1.5°C above pre-industrial levels. Bell achieved ISO 50001 certification of its energy management system for a third consecutive year, and is the first communications company in North America to have its energy management system ISO 50001 certified. IDC Canada once again named Bell as a cybersecurity services leader in their annual Canadian Security Services Vendor Assessment report, the only telecommunications company in Canada to be recognized as a leader five times in a row by IDC. The Winnipeg Blue Bombers and Bell MTS announced a new grant program to help over 100 youth play football this year. Northwestel sold its fibre-to-the-home assets in Yukon to a group of 13 First Nation development corporations, as part of the Shared Pathways Network partnership with the consortium.
Bell welcomed 570 new grads and interns, and we continue to exceed our BIPOC diversity target of 40%. Bell also plans to hire over 1,000 people for highly-skilled technical roles this year including in AI/ML, Cloud, Cybersecurity, 5G and software development. Bell became a member of the Tent Partnership for Refugees to explore hiring and training opportunities for refugees in the private sector.
BCE Q2 RESULTS
Financial Highlights
"Bell's Q2 financial results continued to demonstrate our disciplined focus on profitable customer growth and effective management of challenging global macroeconomic conditions, as evidenced by another quarter of healthy consolidated revenue, adjusted EBITDA and free cash flow growth that remain in line with our financial guidance targets for 2022, supporting sustainable value creation for all stakeholders," said Glen LeBlanc, Chief Financial Officer for BCE and Bell Canada.
"This strong consolidated financial performance was underpinned by standout results across the organization, highlighted by strong wireless service revenue growth of 7.8%, 8% higher residential Internet revenue, an 8.7% increase in total media revenue, and year-over-year increases in adjusted EBITDA at all Bell operating segments.
Our balance sheet remains very healthy with availability liquidity1 at the end of Q2 of approximately $3.1 billion, including $596 million in cash, substantial recurring cash flow, a defined benefit plan that is stronger than ever, as well as good predictability over debt service costs given no near-term debt re-financing requirements and a high proportion of fixed-rate debt. Overall, we have the financial strength and flexibility to execute on our strategic priorities and capital markets objectives for 2022."
- BCE operating revenue increased 2.9% over Q2 2021 to $5,861 million, due to 3.8% higher service revenue of $5,233 million, driven by strong wireless, residential Internet and media growth. Product revenue was down 4.6% to $628 million, largely reflecting lower year-over-year business wireline data equipment sales.
- Net earnings declined 10.9% to $654 million and net earnings attributable to common shareholders totalled $596 million, or $0.66 per share, down 13.0% and 13.2% respectively. The year-over-year decreases were driven mainly by higher other expense, reflecting net mark-to-market losses on derivatives used to economically hedge equity settled share-based compensation, higher depreciation and amortization expense and increased severance, acquisition and other costs, partly offset by higher adjusted EBITDA, lower year-over-year asset impairment charges and a higher net return on post-employment benefit plans. Adjusted net earnings were up 5.3% to $791 million, delivering a 4.8% increase in adjusted EPS to $0.87.
- Adjusted EBITDA grew 4.6% to $2,590 million, reflecting year-over-year increases at all Bell operating segments. BCE's consolidated adjusted EBITDA margin2 increased 0.7 percentage points to 44.2% from 43.5% in Q2 2021, due to the flow-through impact of strong service revenue growth and a decline in low-margin product sales.
- BCE capital expenditures were $1,219 million, up 0.7% from $1,210 million in Q2 2021, corresponding to a capital intensity3 of 20.8%, compared to 21.2% last year. Capital expenditures this quarter were focused on the continued accelerated rollout of Bell's pure fibre and wireless 5G networks.
- BCE cash flows from operating activities increased 3.9% to $2,597 million compared to Q2 2021, reflecting higher adjusted EBITDA, lower severance and other costs paid and reduced contributions to post-employment benefit plans due to a contribution holiday in 2022, partly offset by lower cash from working capital and higher cash taxes paid.
- Free cash flow was $1,333 million, up 7.1% from $1,245 million in Q2 2021, as higher cash flows from operating activities, excluding acquisition and other costs paid, was partly offset by increased capital expenditures.
Q2 OPERATING RESULTS BY SEGMENT
Bell Wireless
- Total wireless operating revenue increased 5.5% to $2,246 million.
- Service revenue grew 7.8% to $1,703 million, driven by larger mobile phone and connected device subscriber bases and higher blended mobile phone ARPU that reflected higher roaming revenue due mainly to higher international travel volumes with the easing of COVID-related global travel restrictions.
- Product revenue decreased 0.9% to $543 million as a result of fewer device upgrades by existing subscribers.
- Wireless adjusted EBITDA increased 8.3% to $1,049 million on the flow-through of strong service revenue growth, yielding a 1.2 percentage-point margin increase to 46.7%.
- Bell added 110,761 total net new postpaid and prepaid mobile phone subscribers1, 139.5% higher than 46,247 in Q2 2021.
- Postpaid mobile phone net subscriber activations totaled 83,197, compared to 44,433 in Q2 2021. The significant 87.2% increase was the result of an 8 basis-point improvement in mobile phone customer churn to 0.75% — our best-ever postpaid churn result, and a 9.8% increase in gross subscriber activations driven by greater retail store traffic compared to last year, continued 5G momentum, immigration growth, as well as improved business customer demand.
- Bell's prepaid mobile phone net subscriber activations were 27,564, up significantly from 1,814 in Q2 2021. The year-over-year increase was the result of 40.7% higher gross activations, reflecting greater market activity, including increased immigration and travel to Canada, which also contributed to a higher customer churn rate of 4.41%, up from 3.98% in Q2 2021.
- Bell's mobile phone customer base totalled 9,602,122 at the end of Q2, a 4.2% increase over last year, comprising 8,747,472 postpaid subscribers, up 4.1%, and 854,650 prepaid customers, up 5.9% from last year.
- Blended mobile phone ARPU grew 3.8% to $59.54, driven by increased roaming revenue consistent with the return of international travel as COVID restrictions eased, and our continued focus on higher-value subscriber loadings across all our postpaid and prepaid brands.
- Bell's mobile connected device subscriber base¹ declined by 344, compared to a net increase of 47,449 in Q2 2021, due to higher data device net losses, reflecting fewer low-ARPU tablet transactions as well as higher business IoT deactivations driven largely by one customer. Mobile connected device subscribers totalled 2,298,327 at the end of Q2, an increase of 5.5% over last year.
Bell Wireline
- Total wireline operating revenue decreased 0.3% to $2,995 million, compared to Q2 2021.
- Wireline service revenue was up 0.6% to $2,909 million, driven by higher residential Internet revenue and a regulatory charge from Q2 2021 related to the CRTC's decision on final aggregated rates for wholesale Internet access that did not recur this year. This was partly offset by ongoing declines in legacy voice, data and satellite TV services, reduced sales of IP connectivity and business service solutions revenue1, reflecting delayed project spending by large enterprise customers because of ongoing data equipment supply chain disruptions, and the sale of Createch on March 1, 2022.
- Product revenue decreased 23.2% to $86 million, due mainly to lower sales of data equipment to enterprise business customers attributable to global supply chain constraints.
- Wireline adjusted EBITDA grew 1.7% to $1,315 million, which benefitted from the non-recurrence of the wholesale Internet regulatory impact from Q2 2021 noted above. A 1.8% reduction in operating costs also contributed to higher wireline adjusted EBITDA and a 0.8 percentage-point improvement in margin to 43.9% this quarter, despite the unfavourable impact of unusually high storm-related costs and inflationary pressure particularly on fuel and labour costs.
- Bell added 22,620 net new retail Internet subscribers2, up 27.9% from 17,680 in Q2 2021, driven by higher customer gross activations and lower churn within Bell's rapidly-expanding direct fibre service footprint and improved year-over-year small business performance. Within Bell's all-fibre footprint, retail Internet net subscriber activations were 36,473, up 19.5% over last year. Retail Internet subscribers totalled 3,977,387 at the end of Q2, up 6.1% from last year.
- Bell TV added 3,838 net new retail IPTV subscribers2, compared to 4,540 in Q2 2021. At the end of Q2, Bell served 1,907,564 retail IPTV subscribers, a 4.7% increase compared to Q2 2021.
- Retail satellite TV net subscriber2 losses were 15,365, up from 9,468 in Q2 2021, reflecting fewer seasonal residential activations and increased churn compared to last year when we experienced fewer customer deactivations due to COVID. Bell's retail satellite TV customer base totalled 816,583 at the end of Q2, down 8.9% from last year.
- Retail residential NAS2 net losses totalled 52,712, compared to 51,292 in Q2 2021. Bell's retail residential NAS customer base totalled 2,207,004 at the end of Q2, a 7.3% decline compared to last year.
Bell Media
- Media operating revenue increased 8.7% to $821 million compared to Q2 2021, driven by the return of the F1 Canadian Grand Prix, continued strong digital media growth, advertising increases across Bell Media's specialty TV sports and news services, stronger radio and out of home advertiser demand as the COVID recovery continues, and higher subscriber revenue from Crave streaming subscriber growth.
- Digital revenue grew 55%, the result of strong Crave direct-to-consumer growth and continued rapid scaling of our strategic audience management (SAM) TV media sales tool.
- TSN and RDS are Canada's top-ranked English and French-language sports networks for the 2021/2022 broadcast year to date.
- Noovo has outpaced its French-language conventional TV competitors in viewership growth for the 2021/2022 broadcast year to date with primetime audiences up 5%.
- Adjusted EBITDA was up 5.6% to $226 million on the flow-through of higher year-over-year operating revenue. However, margin declined to 27.5% from 28.3% in Q2 2021, due to a 10.0% increase in operating costs that reflected the return of the F1 Canadian Grand Prix and increased overall activity as the economy returns to more normal levels.
COMMON SHARE DIVIDEND
BCE's Board of Directors has declared a quarterly dividend of $0.92 per common share, payable on October 15, 2022 to shareholders of record at the close of business on September 15, 2022.
OUTLOOK FOR 2022
BCE confirmed its financial guidance targets for 2022, as provided on February 3, 2022, as follows:
For the full-year 2022, we expect growth in adjusted EBITDA, a reduction in contributions to post-employment benefit plans and payments under other post-employment benefit plans, and lower cash income taxes, will drive higher free cash flow.
Please see the section entitled "Caution Regarding Forward-Looking Statements" later in this news release for a description of the principal assumptions on which BCE's 2022 financial guidance targets are based, as well as the principal related risk factors.
CALL WITH FINANCIAL ANALYSTS
BCE will hold a conference call for financial analysts to discuss Q2 2022 results on Thursday, August 4 at 8:00 am eastern. Media are welcome to participate on a listen-only basis. To participate, please dial toll-free 1-800-806-5484 or 416-340-2217 and enter passcode 6085726#. A replay will be available until midnight on September 4, 2022 by dialing 1-800-408-3053 or 905-694-9451 and entering passcode 6368475#. A live audio webcast of the conference call will be available on BCE's website at BCE Q2 2022 conference call.
NON-GAAP AND OTHER FINANCIAL MEASURES
BCE uses various financial measures to assess its business performance. Certain of these measures are calculated in accordance with International Financial Reporting Standards (IFRS or GAAP) while certain other measures do not have a standardized meaning under GAAP. We believe that our GAAP financial measures, read together with adjusted non-GAAP and other financial measures, provide readers with a better understanding of how management assesses BCE's performance.
National Instrument 52-112, Non-GAAP and Other Financial Measures Disclosure (NI 52-112), prescribes disclosure requirements that apply to the following specified financial measures:
- Non-GAAP financial measures;
- Non-GAAP ratios;
- Total of segments measures;
- Capital management measures; and
- Supplementary financial measures.
This section provides a description and classification of the specified financial measures contemplated by NI 52-112 that we use in this news release to explain our financial results except that, for supplementary financial measures, an explanation of such measures is provided where they are first referred to in this news release if the supplementary financial measures' labelling is not sufficiently descriptive.
Non-GAAP Financial Measures
A non-GAAP financial measure is a financial measure used to depict our historical or expected future financial performance, financial position or cash flow and, with respect to its composition, either excludes an amount that is included in, or includes an amount that is excluded from, the composition of the most directly comparable financial measure disclosed in BCE's consolidated primary financial statements. We believe that non-GAAP financial measures are reflective of our on-going operating results and provide readers with an understanding of management's perspective on and analysis of our performance.
Below are descriptions of the non-GAAP financial measures that we use in this news release to explain our results as well as reconciliations to the most comparable IFRS financial measures.
Adjusted net earnings – Adjusted net earnings is a non-GAAP financial measure and it does not have any standardized meaning under IFRS. Therefore, it is unlikely to be comparable to similar measures presented by other issuers.
We define adjusted net earnings as net earnings attributable to common shareholders before severance, acquisition and other costs, net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans, net equity losses (gains) on investments in associates and joint ventures, net losses (gains) on investments, early debt redemption costs, impairment of assets and discontinued operations, net of tax and NCI.
We use adjusted net earnings and we believe that certain investors and analysts use this measure, among other ones, to assess the performance of our businesses without the effects of severance, acquisition and other costs, net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans, net equity losses (gains) on investments in associates and joint ventures, net losses (gains) on investments, early debt redemption costs, impairment of assets and discontinued operations, net of tax and NCI. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply they are non-recurring.
The most directly comparable IFRS financial measure is net earnings attributable to common shareholders.
The following table is a reconciliation of net earnings attributable to common shareholders to adjusted net earnings on a consolidated basis.
Available liquidity – Available liquidity is a non-GAAP financial measure and it does not have any standardized meaning under IFRS. Therefore, it is unlikely to be comparable to similar measures presented by other issuers.
We define available liquidity as cash, cash equivalents and amounts available under our securitized trade receivable program and our committed bank credit facilities.
We consider available liquidity to be an important indicator of the financial strength and performance of our businesses because it shows the funds available to meet our cash requirements, including for, but not limited to, capital expenditures, post-employment benefit plans funding, dividend payments, the payment of contractual obligations, maturing debt, on-going operations, the acquisition of spectrum, and other cash requirements. We believe that certain investors and analysts use available liquidity to evaluate the financial strength and performance of our businesses. The most directly comparable IFRS financial measure is cash.
The following table is a reconciliation of cash to available liquidity on a consolidated basis.
Free cash flow – Free cash flow is a non-GAAP financial measure and it does not have any standardized meaning under IFRS. Therefore, it is unlikely to be comparable to similar measures presented by other issuers.
We define free cash flow as cash flows from operating activities, excluding cash from discontinued operations, acquisition and other costs paid (which include significant litigation costs) and voluntary pension funding, less capital expenditures, preferred share dividends and dividends paid by subsidiaries to NCI. We exclude cash from discontinued operations, acquisition and other costs paid and voluntary pension funding because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply they are non-recurring.
We consider free cash flow to be an important indicator of the financial strength and performance of our businesses. Free cash flow shows how much cash is available to pay dividends on common shares, repay debt and reinvest in our company. We believe that certain investors and analysts use free cash flow to value a business and its underlying assets and to evaluate the financial strength and performance of our businesses. The most directly comparable IFRS financial measure is cash flows from operating activities.
The following table is a reconciliation of cash flows from operating activities to free cash flow on a consolidated basis.
Non-GAAP Ratios
A non-GAAP ratio is a financial measure disclosed in the form of a ratio, fraction, percentage or similar representation and that has a non-GAAP financial measure as one or more of its components.
Below is a description of the non-GAAP ratio that we use in this news release to explain our results.
Adjusted EPS – Adjusted EPS is a non-GAAP ratio and it does not have any standardized meaning under IFRS. Therefore, it is unlikely to be comparable to similar measures presented by other issuers.
We define adjusted EPS as adjusted net earnings per BCE common share. Adjusted net earnings is a non-GAAP financial measure. For further details on adjusted net earnings, refer to Non-GAAP Financial Measures above.
We use adjusted EPS, and we believe that certain investors and analysts use this measure, among other ones, to assess the performance of our businesses without the effects of severance, acquisition and other costs, net mark-to-market losses (gains) on derivatives used to economically hedge equity settled share-based compensation plans, net equity losses (gains) on investments in associates and joint ventures, net losses (gains) on investments, early debt redemption costs, impairment of assets and discontinued operations, net of tax and NCI. We exclude these items because they affect the comparability of our financial results and could potentially distort the analysis of trends in business performance. Excluding these items does not imply they are non-recurring.
Total of Segments Measures
A total of segments measure is a financial measure that is a subtotal or total of 2 or more reportable segments and is disclosed within the Notes to BCE's consolidated primary financial statements.
Below is a description of the total of segments measure that we use in this news release to explain our results as well as a reconciliation to the most comparable IFRS financial measure.
Adjusted EBITDA – Adjusted EBITDA is a total of segments measure. We define adjusted EBITDA as operating revenues less operating costs as shown in BCE's consolidated income statements.
The most directly comparable IFRS financial measure is net earnings. The following table is a reconciliation of net earnings to adjusted EBITDA on a consolidated basis.
Supplementary Financial Measures
A supplementary financial measure is a financial measure that is not reported in BCE's consolidated financial statements, and is, or is intended to be, reported periodically to represent historical or expected future financial performance, financial position, or cash flows.
An explanation of such measures is provided where they are first referred to in this news release if the supplementary financial measures' labelling is not sufficiently descriptive.
KEY PERFORMANCE INDICATORS (KPIs)
We use adjusted EBITDA margin, blended ARPU, capital intensity, churn and subscriber (or customers or NAS) units to measure the success of our strategic imperatives. These key performance indicators are not accounting measures and may not be comparable to similar measures presented by other issuers.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Certain statements made in this news release are forward-looking statements. These statements include, without limitation, statements relating to BCE's financial guidance (including revenues, adjusted EBITDA, capital intensity, adjusted EPS and free cash flow), BCE's 2022 annualized common share dividend, our network deployment plans and anticipated capital expenditures, our plans to deliver faster Internet and Wi-Fi speeds and related offerings, the expectation that we have the financial strength and flexibility to execute on our strategic priorities and capital markets objectives in 2022, our goal to achieve our science-based targets (SBTs) for greenhouse gas (GHG) emissions reduction, BCE's business outlook, objectives, plans and strategic priorities, and other statements that are not historical facts. Forward-looking statements are typically identified by the words assumption, goal, guidance, objective, outlook, project, strategy, target and other similar expressions or future or conditional verbs such as aim, anticipate, believe, could, expect, intend, may, plan, seek, should, strive and will. All such forward-looking statements are made pursuant to the 'safe harbour' provisions of applicable Canadian securities laws and of the United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on several assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements and that our business outlook, objectives, plans and strategic priorities may not be achieved. These statements are not guarantees of future performance or events, and we caution you against relying on any of these forward-looking statements. The forward-looking statements contained in this news release describe our expectations as of August 4, 2022 and, accordingly, are subject to change after such date. Except as may be required by applicable securities laws, we do not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. From time to time, we consider potential acquisitions, dispositions, mergers, business combinations, investments, monetizations, joint ventures and other transactions, some of which may be significant. Except as otherwise indicated by us, forward-looking statements do not reflect the potential impact of any such transactions or of special items that may be announced or that may occur after August 4, 2022. The financial impact of these transactions and special items can be complex and depends on the facts particular to each of them. We therefore cannot describe the expected impact in a meaningful way or in the same way we present known risks affecting our business. Forward-looking statements are presented in this news release for the purpose of assisting investors and others in understanding certain key elements of our expected financial results, as well as our objectives, strategic priorities and business outlook, and in obtaining a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.
Material Assumptions
A number of economic, market, operational and financial assumptions were made by BCE in preparing its forward-looking statements contained in this news release, including, but not limited to the following:
Canadian Economic Assumptions
Our forward-looking statements are based on certain assumptions concerning the Canadian economy. As most public health restrictions in Canada have been lifted, pandemic-related effects on consumer caution and travel are assumed to continue to fade over 2022 and 2023. In particular, we have assumed:
- Slowing economic growth, given the Bank of Canada's most recent estimated growth in Canadian gross domestic product of 3.5% in 2022, representing a decrease from the earlier estimate of 4.25%
- Elevated consumer price index (CPI) inflation driven by sharp increases in energy and food prices as well as supply disruptions and strong demand for goods
- Tight labour market leading to rising wage growth
- Modest household consumption growth supported by the spending of some of the savings accumulated during the pandemic
- Business investment outside the oil and gas sector supported by solid demand, improved business confidence and a push to alleviate capacity constraints
- Higher interest rates
- Higher immigration
- The conflict between Russia and Ukraine affecting the Canadian economy through higher food and gasoline prices
- Canadian dollar expected to remain at or near current levels. Further movements may be impacted by the degree of strength of the U.S. dollar, interest rates and changes in commodity prices.
Canadian Market Assumptions
Our forward-looking statements also reflect various Canadian market assumptions. In particular, we have made the following market assumptions:
- A consistently high level of wireline and wireless competition in consumer, business and wholesale markets
- Higher, but slowing, wireless industry penetration
- A shrinking data and voice connectivity market as business customers migrate to lower-priced telecommunications solutions or alternative over-the-top (OTT) competitors
- While the advertising market continues to be adversely impacted by cancelled or delayed advertising campaigns from many sectors due to the economic downturn during the COVID-19 pandemic, we do expect gradual recovery in 2022
- Declines in broadcasting distribution undertaking (BDU) subscribers driven by increasing competition from the continued rollout of subscription video-on-demand (SVOD) streaming services together with further scaling of OTT aggregators
Assumptions Concerning our Bell Wireless Segment
Our forward-looking statements are also based on the following internal operational assumptions with respect to our Bell Wireless segment:
- Maintain our market share of national operators' wireless postpaid mobile phone net additions and growth of our prepaid subscriber base
- Continued strong competitive intensity and promotional activity across all regions and market segments
- Ongoing expansion and deployment of 5G and 5G+ wireless networks, offering competitive coverage and quality
- Continued diversification of our distribution strategy with a focus on expanding direct-to-consumer (DTC) and online transactions
- Growth in mobile phone blended ARPU, driven by growth in 5G subscriptions, and increased roaming revenue from the easing of travel restrictions implemented as a result of the COVID-19 pandemic, partly offset by reduced data overage revenue due to the continued adoption of unlimited plans
- Accelerating business customer adoption of advanced 5G, 5G+ and IoT solutions
- Improving wireless handset device availability in addition to stable device pricing and margins
- Realization of cost savings related to operational efficiencies enabled by changes in consumer behaviour, digital adoption, product and service enhancements, new call centre and digital investments and other improvements to the customer service experience
- No adverse material financial, operational or competitive consequences of changes in or implementation of regulations affecting our wireless business
Assumptions Concerning our Bell Wireline Segment
Our forward-looking statements are also based on the following internal operational assumptions with respect to our Bell Wireline segment:
- Further deployment of direct fibre to more homes and businesses within our wireline footprint
- Continued growth in retail Internet and IPTV subscribers
- Increasing wireless and Internet-based technological substitution
- Continued aggressive residential service bundle offers from cable TV competitors in our local wireline areas, moderated by growing our share of competitive residential service bundles
- Continued large business customer migration to IP-based systems
- Ongoing competitive repricing pressures in our business and wholesale markets
- Continued competitive intensity in our small and medium-sized business markets as cable operators and other telecommunications competitors continue to intensify their focus on business customers
- Traditional high-margin product categories challenged by large global cloud and OTT providers of business voice and data solutions expanding into Canada with on-demand services
- Accelerating customer adoption of OTT services resulting in downsizing of TV packages
- Growing consumption of OTT TV services and on-demand streaming video, as well as the proliferation of devices, such as tablets, that consume large quantities of bandwidth, will require ongoing capital investment
- Realization of cost savings related to operating efficiencies enabled by a growing direct fibre footprint, changes in consumer behaviour and product innovation, expanding self-serve capabilities, other improvements to the customer service experience, management workforce reductions including attrition and retirements, and lower contracted rates from our suppliers
- No adverse material financial, operational or competitive consequences of changes in or implementation of regulations affecting our wireline business
Assumptions Concerning our Bell Media Segment
Our forward-looking statements are also based on the following internal operational assumptions with respect to our Bell Media segment:
- Overall revenue expected to reflect continued scaling of our strategic audience management (SAM) TV and Bell demand-side-platform (DSP) buying platforms, a gradual recovery in advertising, as well as direct-to-consumer (DTC) subscriber growth
- Continued escalation of media content costs to secure quality programming, as well as the continued return to normal volumes of entertainment programming
- Continued scaling of Crave through broader content offering, user experience improvements and Crave Mobile
- Continued investment in Noovo original programming to better serve our French-language customers with a wider array of content on their preferred platforms
- Leveraging of first-party data to improve targeting, advertisement delivery and attribution
- Ability to successfully acquire and produce highly rated programming and differentiated content
- Building and maintaining strategic supply arrangements for content across all screens and platforms
- No adverse material financial, operational or competitive consequences of changes in or implementation of regulations affecting our media business
Financial Assumptions Concerning BCE
Our forward-looking statements are also based on the following internal financial assumptions with respect to BCE for 2022:
- An estimated post-employment benefit plans service cost of approximately $255 million
- An estimated net return on post-employment benefit plans of approximately $50 million, instead of $70 million
- Depreciation and amortization expense of approximately $4,700 million to $4,750 million
- Interest expense of approximately $1,075 million to $1,125 million
- Interest paid of approximately $1,125 million to $1,175 million
- An average effective tax rate of approximately 27%
- NCI of approximately $60 million
- Contributions to post-employment benefit plans of approximately $150 million, instead of $200 million
- Payments under other post-employment benefit plans of approximately $75 million
- Income taxes paid (net of refunds) of approximately $800 million to $900 million
- Weighted average number of BCE common shares outstanding of approximately 911 million
- An annual common share dividend of $3.68 per share
Assumptions underlying expected reductions in contributions to our defined benefit pension plans
Our forward-looking statements are also based on the following principal assumptions underlying expected reductions in contributions to our defined benefit pension plans:
- At the relevant time, our defined benefit (DB) pension plans will remain in funded positions with going concern surpluses and maintain solvency ratios that exceed the minimum legal requirements for a contribution holiday to be taken
- No significant declines in our DB pension plans' financial position due to declines in investment returns or interest rates
- No material experience losses from other unforeseen events such as through litigation or changes in laws, regulations or actuarial standards
Assumptions underlying our GHG emissions reduction targets
Our GHG emissions reduction targets are based on a number of assumptions including, without limitation, the following principal assumptions:
- Implementation of various corporate and business initiatives to reduce our electricity and fuel consumption, as well as reduce other direct and indirect GHG emissions enablers
- No new corporate initiatives, business acquisitions or technologies that would materially increase our anticipated levels of GHG emissions
- Our ability to purchase sufficient credible carbon credits and renewable energy certificates to offset or further reduce our GHG emissions, if and when required
- No negative impact on the calculation of our GHG emissions from refinements in or modifications to international standards or the methodology we use for the calculation of such GHG emissions
- No required changes to our SBTs pursuant to the SBTi methodology that would make the achievement of our updated SBTs more onerous
- Sufficient supplier engagement and collaboration in setting their own SBTs and sufficient collaboration with partners in reducing their own GHG emissions
The foregoing assumptions, although considered reasonable by BCE on August 4, 2022, may prove to be inaccurate. Accordingly, our actual results could differ materially from our expectations as set forth in this news release.
Material Risks
Important risk factors that could cause our assumptions and estimates to be inaccurate and actual results or events to differ materially from those expressed in, or implied by, our forward-looking statements, including our 2022 financial guidance, are listed below. The realization of our forward-looking statements, including our ability to meet our 2022 financial guidance targets, essentially depends on our business performance, which, in turn, is subject to many risks. Accordingly, readers are cautioned that any of the following risks could have a material adverse effect on our forward-looking statements. These risks include, but are not limited to: the adverse effects of the COVID-19 pandemic, including from the restrictive measures implemented or to be implemented as a result thereof, and the adverse effects of the conflict between Russia and Ukraine, including from the economic sanctions imposed or to be imposed as a result thereof, and supply chain disruptions resulting therefrom; adverse economic and financial market conditions, including from the COVID-19 pandemic and the conflict between Russia and Ukraine; a declining level of retail and commercial activity, and the resulting negative impact on the demand for, and prices of, our products and services; the intensity of competitive activity including from new and emerging competitors; the level of technological substitution and the presence of alternative service providers contributing to disruptions and disintermediation in each of our business segments; changing customer behaviour and the expansion of OTT TV and other alternative service providers, as well as the fragmentation of, and changes in, the advertising market; rising content costs and challenges in our ability to acquire or develop key content; the proliferation of content piracy; higher Canadian smartphone penetration and reduced or slower immigration flow; regulatory initiatives, proceedings and decisions, government consultations and government positions that affect us and influence our business including, without limitation, concerning the conditions and prices at which access to our networks may be mandated and spectrum may be acquired in auctions; the inability to protect our physical and non-physical assets from events such as information security attacks, which risk may be exacerbated by the conflict between Russia and Ukraine, unauthorized access or entry, fire and natural disasters; the failure to implement effective data governance; the failure to evolve and transform our networks, systems and operations using next-generation technologies while lowering our cost structure; the inability to drive a positive customer experience; the failure to attract, develop and retain a diverse and talented team capable of furthering our strategic imperatives; labour disruptions and shortages; the failure to maintain operational networks; service interruptions or outages due to legacy infrastructure and the possibility of instability as we transition towards converged wireline and wireless networks; the failure by us, or by other telecommunications carriers on which we rely to provide services, to complete planned and sufficient testing, maintenance, replacement or upgrade of our or their networks, equipment and other facilities, which could disrupt our operations including through network failures; the risk that we may need to incur significant unplanned capital expenditures to provide additional capacity and reduce network congestion; the complexity of our operations; the failure to implement or maintain highly effective processes and information technology (IT) systems; events affecting the functionality of, and our ability to protect, test, maintain, replace and upgrade, our networks, IT systems, equipment and other facilities; in-orbit and other operational risks to which the satellites used to provide our satellite TV services are subject; our dependence on third-party suppliers, outsourcers, and consultants to provide an uninterrupted supply of the products and services we need; the failure of our vendor selection, governance and oversight processes, including our management of supplier risk in the areas of security, data governance and responsible procurement; the quality of our products and services and the extent to which they may be subject to defects or fail to comply with applicable government regulations and standards; the inability to access adequate sources of capital and generate sufficient cash flows from operating activities to meet our cash requirements, fund capital expenditures and provide for planned growth; uncertainty as to whether dividends will be declared by BCE's board of directors or whether the dividend on common shares will be increased; the inability to manage various credit, liquidity and market risks; new or higher taxes due to new tax laws or changes thereto or in the interpretation thereof, and the inability to predict the outcome of government audits; the failure to reduce costs, as well as unexpected increases in costs, and the inability to generate anticipated benefits from acquisitions and corporate restructurings; the failure to evolve practices to effectively monitor and control fraudulent activities; pension obligation volatility and increased contributions to post-employment benefit plans; unfavourable resolution of legal proceedings; the failure to develop and implement strong corporate governance practices and compliance frameworks and to comply with legal and regulatory obligations; the failure to recognize and adequately respond to climate change and other environmental concerns and expectations; pandemics, epidemics and other health risks, including health concerns about radio frequency emissions from wireless communications devices and equipment; the inability to adequately manage social issues; and internal factors, such as the failure to implement sufficient corporate and business initiatives, as well as various external factors which could challenge our ability to achieve our ESG targets including, without limitation, those related to GHG emissions reduction and diversity, equity and inclusion.
We caution that the foregoing list of risk factors is not exhaustive and other factors could also adversely affect our results. We encourage investors to also read BCE's 2021 Annual MD&A dated March 3, 2022 (included in BCE's 2021 Annual Report) and BCE's 2022 First and Second Quarter MD&As dated May 4, 2022 and August 3, 2022, respectively, for additional information with respect to certain of these and other assumptions and risks, filed by BCE with the Canadian provincial securities regulatory authorities (available at Sedar.com) and with the U.S. Securities and Exchange Commission (available at SEC.gov). These documents are also available at BCE.ca.
About BCE
BCE is Canada's largest communications company, providing advanced Bell broadband wireless, Internet, TV, media and business communications services. To learn more, please visit Bell.ca or BCE.ca.
Through Bell for Better, we are investing to create a better today and a better tomorrow by supporting the social and economic prosperity of our communities. This includes the Bell Let's Talk initiative, which promotes Canadian mental health with national awareness and anti-stigma campaigns like Bell Let's Talk Day and significant Bell funding of community care and access, research and workplace initiatives throughout the country. To learn more, please visit Bell.ca/LetsTalk.
Media inquiries:
Marie-Eve Francoeur
514-391-5263
marie-eve.francoeur@bell.ca
Investor inquiries:
Thane Fotopoulos
514-870-4619
thane.fotopoulos@bell.ca
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SOURCE Bell Canada
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https://www.mysuncoast.com/prnewswire/2022/08/04/bce-reports-second-quarter-2022-results/
| 2022-08-04T11:59:33Z
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Manatee County 6th Annual Adopt-A-Palooza to be held May 21
MANATEE COUNTY, Fla. (WWSB) - Looking for a new friend to add to your family? The 6th Annual Adopt-A-Palooza will be held on Saturday, May 21 at the Bradenton Area Convention Center in Palmetto.
Hours are 11 a.m. – 4 p.m. Admission and parking are free. Adopt-A-Palooza is the largest one-day pet adoption and expo-style event in Manatee County and will feature over 100 adoptable pets from Manatee County Animal Services (MCAS), local shelters and animal rescues - all under one roof.
Participating adoption organizations include Humane Society of Manatee County, Canine Castaways, Moonracer Rescue, Cat Depot, Humane Society at Lakewood Ranch and Barking Out Loud Rescue.
For pets from MCAS, all adoption fees will be waived in lieu of a donation made to the Friends of Manatee County Animal Services (FoMCAS). Manatee County residents are required to license their new pet for an additional $20 tag fee. All pets will be spayed or neutered, vaccinated and microchipped.
The family-friendly event will include a marketplace with over 30 retail vendors selling a variety of products and services, including vendors for pet owners. New this year, offered by Manatee County Animal Services, is a free pet vaccine and microchip clinic. Pet owners with dogs and cats in need of vaccinations and/or microchips can bring their pet to the event to receive them at no charge. This free clinic is offered from 11 a.m. to 2 p.m. on a first-come, first-served basis.
“With hurricane season almost here, the free pet vaccine and microchip clinic will help pet owners get prepared,” said Animal Services Division Chief Sarah Brown. “This event is truly a fun example of the great things that can happen when communities collaborate to help the homeless animals in Manatee County and surrounding areas.”
The proceeds from the event will benefit Friends of Manatee County Animal Services. For information about Friends of Manatee County Animal Services, please visit www.fomcas.org.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/05/20/manatee-county-6th-annual-adopt-a-palooza-be-held-may-21/
| 2022-05-20T20:21:17Z
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Downtown Topeka Inc. seeks community feedback on Polk-Quincy Viaduct
TOPEKA, Kan. (WIBW) - With plans underway to reconstruct the Polk-Quincy Viaduct, Downtown Topeka Inc. is asking for community feedback to determine how to activate the area beneath the bridge once construction is complete.
DTI is asking members of the community to complete the following online survey to offer input on how to create a space around the viaduct that is dynamic, engaging, and interactive.
“DTI’s goal is to help stand up an innovative space that is lively and welcoming to all,” Rhiannon Friedman, DTI president, said. “We don’t want the area beneath the bridge to sit there untouched. Whether we end up with a recreational space, an outdoor urban eatery, art installations or something else entirely, will depend on community members’ input. We hope to help create something unique that serves the Topeka community for years to come.”
The survey, which takes 2-3 minutes to complete, is expected to remain open through the end of August and the results will help in further transforming the downtown Topeka corridor.
“I’m proud to see downtown Topeka constantly growing and evolving,” said Karen Hiller, Topeka City Council member for District 1, said. “The Polk-Quincy Viaduct project presents a unique opportunity for the community to reimagine how we see and use the areas beneath this bridge, which cuts through the downtown core. I’m excited to see what ideas we pursue.”
The survey can be accessed here.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/08/08/downtown-topeka-inc-seeks-community-feedback-polk-quincy-viaduct/
| 2022-08-08T21:25:52Z
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Two venerable San Francisco Bay Area arts organizations merge to achieve shared stability and increased community impact
OAKLAND, Calif., May 24, 2022 /PRNewswire/ -- Following a thorough review by each organization's board of directors, Oakland Interfaith Gospel Choir (OIGC) has accepted an invitation from Oakland Youth Chorus (OYC) to become its acquisition partner. OIGC's acquisition of OYC embraces a legacy choral program with an outstanding reputation and expertise in serving the youth of Oakland to its program roster, leveraging OIGC's strong leadership and infrastructure. Initial acquisition discussions began in September 2021, and the deal finalized in April 2022 after a six month review process under the guidance of a task force made up of leadership from both organizations. OIGC will work with legal and nonprofit consultants to ensure a smooth transition over the summer, supported by a generous Organizational Effectiveness grant from the Hewlett Foundation.
Small arts organizations like OIGC and OYC, continue to be impacted by the loss of funding revenue due to COVID-19. With funders shifting priorities and high rates of leadership turnover, Oakland's vibrant and vital cultural landscape has felt the impact. "Our board assessed our options and chose to refocus on our choral program," says Patrick Zimski, Board President for OYC. "OIGC's mission aligns so well with our own, and their leadership and longevity make them an ideal partner."
"The acquisition of OYC fits seamlessly into a recently completed five-year plan," says Maren Amdal, OIGC Executive Director, "which includes a heavy emphasis on robust youth programming and organizational stability." OYC will retain its name and legacy, as well as rehearsal space at the First Unitarian Church of Oakland. Remaining in service of OYC are Artistic Director, La Nell Martin, and Development Manager, Nikole Wilson-Ripsom, both of whom will join the OIGC team.
Community support will continue to be an essential component of success. OIGC welcomes well-wishes and donations in celebration of this commitment to community and looks forward to the opportunity to feature each of its six member choirs at public performances for years to come. Visit www.oigc.org for more details or to download the full press release.
ABOUT OAKLAND INTERFAITH GOSPEL CHOIR
Founded in 1986, OIGC is a nonprofit performing arts organization with a mission to inspire joy and unity among all people through black gospel and spiritual music traditions. www.oigc.org/about
Media Contact: Isa Chu, Marketing Manager, isa@oigc.org, (510) 839-4361
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SOURCE Oakland Interfaith Gospel Choir
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https://www.mysuncoast.com/prnewswire/2022/05/24/oakland-interfaith-gospel-choir-acquires-oakland-youth-chorus/
| 2022-05-24T17:22:28Z
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ENGLEWOOD, N.J., July 25, 2022 /PRNewswire/ -- 20 Grand kicked off highly anticipated leasing efforts this week. Premier Developers has announced their exclusive partnership with CJ Dalton for the leasing and marketing of the 96 upscale rentals in downtown Englewood, NJ.
Featuring high-end, hotel-inspired amenities, the 5-story 20 Grand anticipates opening its doors to residents in late August 2022. Homes are available in contemporary studio, 1-bedroom, 1-bedroom + home office, 2-bedroom and 2-bedroom + home office layouts. Amenities include a lush courtyard sanctuary with pool, on-site garage parking, state-of-the-art fitness center, sauna, yoga studio and an entertaining lounge with billiards table.
The property's expansive roof deck offers 360 degree views and includes a dining terrace, intimate seating areas and grilling stations. 20 Grand also features two commercial retail suites bringing new businesses to downtown Englewood.
"This project is dear to me, It has been meticulously designed by myself and Vanessa DeLeon. Both of us are long-time residents of Bergen County. I am excited for people to experience the Premier lifestyle in the heart of Englewood!," said Peter Tiflinsky, Owner of Englewood Cliffs-based Premier Developers. "We're eagerly looking forward to the opening of 20 Grand to our residents."
CJ Dalton's broker, Taryn Byron, will be handling all leasing and marketing efforts for 20 Grand. Taryn is a highly experienced broker, with seventeen years' experience.
"The CJ Dalton team understands luxury real estate like no other, making them a natural fit for 20 Grand," said Mr. Tiflinsky. "Taryn is an exceptionally talented broker, and we're pleased to be working with the CJ Dalton team."
Situated in the heart of historic downtown Englewood in Bergen County, NJ, 20 Grand's unique location on New Jersey's Gold Coast showcases a philosophy of exceptional design that integrates stylish good looks, spatial harmony and a wealth of practical solutions for everyday living. Designed by architectural firm CPA Architecture, 20 Grand offers a sophisticated, holistic design vision with a passion for individuality and carefully considered detail.
20 Grand features a collection of studio to 2 plus-bedroom residences ranging from 531 to 1,381 square-feet. The elegant homes are priced from $2,445 per month and are available for occupancy in late August.
Interior spaces and 20 Grand's model home curated by award winning design firm, Vanessa Deleon Associates, feature expansive kitchens with stainless steel appliances, upscale fixtures, and stunning details. Bedroom suites offer residents a place to rest and relax, with ample closet space. Spa-inspired bathrooms include custom floating vanities incorporating organic wood tones and walk-in showers are adorned with sleek rain showerhead fixtures. All homes feature cutting-edge technology including keyless entry, in-home full sized laundry centers and multi-zone climate control. The building includes a door attendant and secure parking facility.
20 Grand's Englewood location has long attracted those commuting to New York City for business and pleasure who appreciate its proximity to the George Washington Bridge and access to major highways. The vibrant downtown of Englewood is illuminated by a diverse dining and shopping scene. An abundant offering of dining, shopping and nightlife pursuits are just minutes away in Fort Lee, Edgewater and Paramus. 20 Grand is located at 20 Grand Avenue in Englewood.
More information about 20 Grand can be found at: https://live20grand.com/
Premier Developers is based out of Englewood Cliffs, NJ. For over 20 years, Peter Tiflinsky and Premier Developers have built more than just a quality home, they build a lifestyle. With projects ranging in size and scale, Premier Developers retains strong focus on customer satisfaction and quality of craftsmanship. Those traits have distinguished Premier Developers as one of the leading development firms in the New Jersey area. You can truly feel the difference a Premier home brings to the community through attention to detail, the latest trends and quality and undivided attention to their future resident's lifestyles.
CJ Dalton is a full service luxury real estate brokerage headquartered in Englewood, New Jersey. Founded in 2020 by veteran broker Taryn Byron, the firm's team of real estate experts specialize in advising high net worth individuals in the Bergen and Hudson counties. Unlike the traditional agent-centric real estate model, the client is at the center of CJ Dalton's collaborative, advisory approach.
Hyper-focusing on the nuanced layers and specialized aspects of sales, leasing, marketing, and research, allows CJD to be dynamic and creative while bringing unprecedented value. Their goal is to ensure transparency and accountability every step of the way in order to achieve superior results.
Media Inquiries: (201)633-7600, info@cjdalton.com
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SOURCE CJ Dalton
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https://www.mysuncoast.com/prnewswire/2022/07/25/20-grand-kicks-off-highly-anticipated-leasing-efforts/
| 2022-07-25T21:49:43Z
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The Independent ISO-Certified Security Testing Lab's Impact of Consumer Security Software on System Performance Results is Released
INNSBRUCK, Austria, May 4, 2022 /PRNewswire/ -- AV-Comparatives, the independent ISO-certified security software evaluation lab, has released results for the April 2022 Performance Test, which evaluates the impact of anti-virus software on system performance. As anti-virus software programs run in the background and use system resources, AV-Comparatives helps users evaluate their anti-virus protection in terms of system speed and performance. This independent testing lab is dedicated to informing users about protection against cybercrime with its systematic testing of the market's most popular security software solutions. The company creates a real-world environment for accurate testing by utilizing common use case scenarios.
The Performance Test includes both "Antivirus" and "Internet Security" consumer products, both referred to as security products. The tests conducted by AV-Comparatives for each of the products include file copying, archiving/unarchiving, installing applications, launching applications, downloading files, browsing websites and PC Mark 10 Professional Testing Suite.
The products evaluated by AV-Comparatives for its performance test include:
Avast Free Antivirus, AVG Free Antivirus, Avira Prime, Bitdefender Internet Security, ESET Internet Security, G Data Total Security, K7 Total Security, Kaspersky Internet Security, Malwarebytes Premium, McAfee Total Protection, Microsoft Defender, NortonLifeLock North 360 Deluxe, Panda Free Antivirus, TotalAV Antivirus Pro, Total Defense Essential Antivirus, Trend Micro Internet Security and VIPRE Advanced Security.
AV-Comparatives conducted its spring performance test on a machine with an Intel Core i3 CPU, 4GB of RAM and SSD hard disks. AV-Comparatives considers this machine configuration as "low-end." The performance tests were done on a clean Windows 10 21H2 64-Bit system (English) and then with the installed consumer security software (with default settings). The tests were done with an active Internet connection to allow for the real-world impact of cloud services/features. In autumn, a high-end machine will be used for this test.
Of the 17 security products assessed, nine were awarded the highest level, Advanced+, including: K7, Panda, ESET, G Data, NortonLifeLock, McAfee, Bitdefender, Avast, AVG. Six products were awarded the second highest level of Advanced, including Kaspersky, VIPRE, Trend Micro, TotalAV, Avira and Malwarebytes. Microsoft and Total Defense received the Standard award.
"We hope that with these tests we can keep users and vendors engaged in system security, and mitigating the ever-evolving threat landscape," said Andreas Clementi, founder of AV-Comparatives. "For these solutions to continue to grow and evolve, tests like these are extremely important to provide accuracy and accountability."
Like all AV-Comparatives' public test reports, the April 2022 Performance Test Results are available for free at this link: https://www.av-comparatives.org/tests/performance-test-april-2022/
About AV-Comparatives
AV-Comparatives is an independent organisation offering systematic testing to examine the efficacy of security software products and mobile security solutions. Using one of the largest sample collection systems worldwide, it has created a real-world environment for truly accurate testing.
AV-Comparatives offers freely accessible av-test results to individuals, news organisations and scientific institutions. Certification by AV-Comparatives provides a globally recognised official seal of approval for software performance.
Media Contact:
Peter Stelzhammer
e-mail: media@av-comparatives.org
phone: +43 720115542
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SOURCE AV-Comparatives
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https://www.mysuncoast.com/prnewswire/2022/05/04/av-comparatives-releases-performance-test-report-showing-impact-security-software-system-performance/
| 2022-05-04T12:50:11Z
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PITTSBURGH, May 2, 2022 /PRNewswire/ -- "I thought there could be a better way to remove any liquid compound material from the bottom of a 5-gallon bucket," said an inventor, from Rochester Hills, Mich., "so I invented the BUCKET BRUSH. My design would save time and it would eliminate the frustration associated with hand-cleaning the bucket."
The patent-pending invention provides an effective tool for removing liquid-based compound materials within a construction bucket. In doing so, it offers an alternative to traditional hand-cleaning methods. As a result, it saves time and effort and it enhances safety and convenience. The invention features a practical design that is easy to use so it is ideal for construction workers, do-it-yourselfers, etc. Additionally, it is producible in design variations.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-OSK-182, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp
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https://www.mysuncoast.com/prnewswire/2022/05/02/inventhelp-inventor-develops-cleaning-tool-5-gallon-buckets-osk-182/
| 2022-05-02T17:24:06Z
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Outback and its TeamMATES will launch limited-edition NFTs on National Onion Day that will unlock rewards from the brand
TAMPA, Fla., June 8, 2022 /PRNewswire/ -- Outback Steakhouse® is rounding out the college year and rounding the bases with eight new college baseball and softball athletes, signing* them to NIL deals as part of the Outback TeamMATES** program. Embracing Outback's connection with college athletes and sports fans across the country, the TeamMATES program will take this connection one step further through the launch of an NFT collection that will engage and reward consumers in an entirely new way.
To celebrate the addition of the new TeamMATES, Outback will release a limited-edition series of 8,000 NFTs, which will be available to Outback fans free of charge, set to launch on National Onion Day, in honor of the famed Bloomin' Onion. The NFTs will be redeemable across all Outback Steakhouses for rewards from the brand.
The Outback TeamMATES class of 2022 for college baseball and softball includes:
- University of Oklahoma Softball – Jocelyn Alo (2x USA Softball National Player of the Year – 2021 and 2022) & Jayda Coleman (2021 All-American 1st Team)
- University of Washington Softball – Baylee Klingler (2021 All-American 2nd Team) & Kelley Lynch (2021 Pac-12 Freshman Team)
- University of Tennessee Baseball – Jordan Beck (2022 Golden Spikes Award Preseason Watch List) & Ben Joyce (Pitched NCAA record 105.5 mph)
- University of Florida Baseball – Hunter Barco (No. 7 Midseason Collegiate 2022 MLB Draft Prospect – d1baseball.com) & Colby Halter (2022 Collegiate Baseball National Player of the Week – Feb. 28)
From players bringing the heat with 105mph fastballs, to All-Americans and top projected draft picks, the baseball and softball TeamMATES have stepped up to the plate and delivered this season. Off the field, each TeamMATE will be promoting a lineup of these limited-edition NFTs. The TeamMATES will highlight the NFT drop on their social media channels, alerting fans about the opportunity to own digital collectables that unlock access to exclusive prizes offered by Outback. Fans can be the first to receive news about the NFT drop by visiting http://outbacknft.xyz, with the exact prizes being revealed on National Onion Day on June 27th.
"As we continue to grow the TeamMATES program, we're seeking new opportunities to engage with athletes and fans in a unique way," said Brett Patterson, President of Outback Steakhouse®. "In the latest iteration of the program, we're celebrating America's pastime and integrating NFTs as a way to rally fans of baseball, softball and Outback."
Giving back is one of Outback Steakhouse's® core values and will continue to be a focal point during the spring sports season, as the brand will help the TeamMATES support charities that they are passionate about.
Outback Steakhouse® will continue to build the TeamMATES program with additional male and female college athletes throughout the year, with all eligible student-athletes for the 2022/2023 school year encouraged to apply for consideration at www.outback.com/teammates. The deadline for the fall application period is August 12, 2022. To date, Outback has fielded more than 350 applications and has accepted 150 athletes across 24 different NCAA Division I sports into the program. Athletes accepted through the open call application will receive Outback Steakhouse® gift cards and official TeamMATES merchandise.
To learn more about Outback Steakhouse®, its TeamMATES program, please visit www.outback.com/teammates. Download the new app at www.outback.com/app. For more information about Outback Steakhouse®, please visit www.outback.com or follow Outback on Facebook, Twitter, Instagram or TikTok.
*Athletes were signed in accordance with recent NIL policy.
** The Brand Marketing division of Excel Sports Management was tapped by Outback to develop the brand's NIL endorsement program, advising on strategy and leading talent procurement and campaign execution.
There's a special spirit at Outback Steakhouse®. One where mates gather, stories are exchanged, and steakhouse favorites flow as freely as the conversation. Serve it up with a dash of Aussie hospitality, and you've got all the makings of a great experience you'll want to share with your friends, time and time again. We're known for high quality, juicy steaks with your choice of big cuts and bold flavor, cooked just the way you like it. Spirited drinks that start the night off right and a heap of craveable dishes and fan favorites like our iconic Bloomin' Onion. For more information, please visit outback.com or the Outback Facebook page.
Erin Murphy, PRESS PR + Marketing
207-809-9662 / erin@pressmarketing.com
Zach Hrubic, Excel Sports Management
908-477-5230 / zhrubic@excelsm.com
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SOURCE Outback Steakhouse
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https://www.mysuncoast.com/prnewswire/2022/06/08/outback-steakhouse-adds-college-baseball-softball-athletes-teammates-program-roster/
| 2022-06-08T12:11:33Z
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NEW YORK (AP) — For one day, movie tickets will be just $3 in the vast majority of American theaters as part of a newly launched “National Cinema Day” to lure moviegoers during a quiet spell at the box office.
The Cinema Foundation, a non-profit arm of the National Association of Theater Owners, on Sunday announced that Sept. 3 will be a nationwide discount day in more than 3,000 theaters and on more than 30,000 screens. Major chains, including AMC and Regal Cinemas, are participating, as are all major film studios. In participating theaters, tickets will be no more than $3 for every showing, in every format.
Labor Day weekend is traditionally one of the slowest weekends in theaters. This year, the August lull has been especially acute for exhibitors. Cineworld, which owns Regal Cinemas, cited the scant supply of major new releases in its recent plans to fill for Chapter 11 bankruptcy.
But, if successful, National Cinema Day could flood theaters with moviegoers and potentially prompt them to return in the fall. Before each showing, ticket buyers will be shown 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 this summer’s record-breaking return to cinemas, we wanted to do something to celebrate moviegoing,” said Jackie Brenneman, Cinema Foundation president, in a 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.”
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. That trails 2019 totals by about 20% but exhibitors have had about 30% fewer wide releases this year.
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.
___
Follow AP Film Writer Jake Coyle on Twitter at: http://twitter.com/jakecoyleAP
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https://cw33.com/entertainment-news/ap-entertainment/ap-coming-to-a-theater-near-you-3-movie-tickets-for-one-day/
| 2022-08-29T09:39:16Z
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Sherman ISD warns parents of phone scam
Published: Sep. 9, 2022 at 3:15 PM CDT|Updated: 1 hour ago
SHERMAN, Texas (KXII) - Sherman ISD is warning parents that an outside group is out to scam them.
In an email sent out to parents, the district said a company from a “346″ area code, referred to as My Game Day Live, is calling community members attempting to fundraise for Sherman Athletics.
The district said it does not endorse the fundraiser, and if the group contacts parents they should disregard their calls and requests.
According to the district, all their fundraisers are vetted through policy that requires formal prior approval.
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/09/09/sherman-isd-warns-parents-phone-scam/
| 2022-09-09T21:21:18Z
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15-year-old dies from smoke inhalation during police standoff
ALBUQUERQUE, N.M. (Gray News) - A 15-year-old boy was killed in a house fire as police attempted to detain a man barricaded inside.
Preliminary autopsy results report Brett Rosenau died July 7 due to smoke inhalation, according to a press release from the Albuquerque Police Department.
The police department reported the incident began when detectives arrived at a house on Wednesday searching for a man identified as Qiaunt Kelley. Kelley had violated probation for armed carjacking and stolen charges and was wanted for questioning in connection to other incidents.
According to police, Kelley fled from detectives and barricaded himself in the home. He was followed by a second person, which police identified as Rosenau.
SWAT officers and the Bernalillo Sheriff’s Office attempted for hours to get them to exit the home but were unsuccessful.
The press release reported that during the standoff, officers noticed smoke coming from the home and used a drone and robot to determine there was an active fire inside the home.
The fire department was called and as firefighters arrived, the police department reported Kelley left the house with burn injuries. The press release reported Rosenau was found dead inside the home.
The Albuquerque Fire Rescue is conducting an investigation into the cause of the fire, according to the press release. The fire chief did acknowledge the devices police used to introduce irritants into the home could possibly have caused the fire but said no fires have been reported in the years they have been used.
A full autopsy report on Rosenau’s death will be released later, according to police. However, they confirmed Rosenau had died from smoke inhalation and was not shot, despite what some bystanders said.
Kelley was taken to a hospital for treatment and later booked into jail.
A multi-agency task force is conducting a criminal investigation into Rosenau’s death since it occurred while police were attempting to take a suspect into custody. An administrative investigation is also underway.
The Albuquerque Police Department reported they would later publicly release the video from officers as well as of the drone involved in the incident.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/07/12/15-year-old-dies-smoke-inhalation-during-police-standoff/
| 2022-07-12T20:54:41Z
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DALLAS, May 2, 2022 /PRNewswire/ -- NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT" or the "Company") today announced its regular monthly distribution on its common stock of $0.05 per share. The distribution will be payable on May 31, 2022 to shareholders of record at the close of business May 24, 2022.
About the NexPoint Diversified Real Estate Trust (NXDT)
The NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a closed-end fund managed by NexPoint Advisors, L.P. that is in the process of converting to a diversified REIT. On August 28, 2020, shareholders approved the conversion proposal and amended the Company's fundamental investment policies and restrictions to permit the Company to pursue its new business. The Company is realigning its portfolio so that it is no longer an "investment company" under the Investment Company Act of 1940 (the "1940 Act"). On March 31, 2021, the Company filed an application (the "Deregistration Application") with the Securities and Exchange Commission (the "SEC") for an order under the 1940 Act declaring that the Company is no longer an investment company (the "Deregistration Order"). On September 13, 2021, November 5, 2021, and December 2, 2021, the Company filed amendments to the Deregistration Application, which provides additional information regarding the realignment of the Company's portfolio. The Company will continue to be structured as a registered closed-end investment company until it receives the Deregistration Order; however, the Company has repositioned its portfolio sufficient to achieve REIT tax status and has been operating as such since its 2021 taxable year so that it may continue to qualify for taxation as a REIT.
Effective November 8, 2021, NHF changed its name to NexPoint Diversified Real Estate Trust and is traded on the New York Stock Exchange under the ticker NXDT.
For more information visit www.nexpoint.com/nexpoint-strategic-opportunities-fund/.
About NexPoint Advisors, L.P.
NexPoint Advisors, L.P. is an SEC-registered adviser on the NexPoint alternative investment platform. It serves as the adviser to a suite of funds and investment vehicles, including a closed-end fund, interval fund, business development company ("BDC"), and various real estate vehicles. For more information visit www.nexpoint.com.
Risks and Disclosures
Investors should consider the investment objectives, risks, charges and expenses of the NexPoint Diversified Real Estate Trust carefully before investing. This and other information can be found in the Company's prospectus, which may be obtained by calling 1-866-351-4440 or visiting www.nexpoint.com/nexpoint-strategic-opportunities-fund. Please read the prospectus carefully before you invest.
Shares of closed-end investment companies frequently trade at a discount to net asset value. The price of the Company's shares is determined by a number of factors, several of which are beyond the control of the Company. Therefore, the Company cannot predict whether its shares will trade at, below or above net asset value. Past performance does not guarantee future results.
The distribution may include a return of capital. Please refer to the Source of Distribution on the NexPoint Advisors website for Section 19 notices that provide estimated amounts and sources of the Company's distributions, which should not be relied upon for tax reporting purposes.
While NexPoint is committed to the REIT conversion, it is still contingent upon regulatory approval and the ability to reconfigure NXDT's portfolio to attain REIT status and deregister as an investment company. The time required to reconfigure the Company's portfolio could be impacted by, among other things, the COVID-19 pandemic and related market volatility, determinations to preserve capital, the Company's ability to identify and execute on desirable investments, and applicable regulatory, lender and governance requirements. The conversion process could take up to 24 months; and there can be no assurance that conversion of NXDT to REIT status will improve its performance or reduce the discount to NAV. Further, the SEC may determine not to grant the Company's request for the Deregistration Order, which would materially change the Company's plans for its business and investments.
In addition, these actions may adversely affect the Company's financial condition, yield on investment, results of operations, cash flow, per share trading price of its common shares, and ability to satisfy debt service obligations, if any, and to make cash distributions to shareholders. Whether the Company remains a registered investment company or converts to a REIT, its common shares, like an investment in any other public company, are subject to investment risk, including the possible loss of investment. For a discussion of certain other risks relating to the proposed conversion to a REIT, see "Implementation of the Business Change Proposal and Related Risks" in the proxy statement.
No assurance can be given that the Company will achieve its investment objectives.
Please see additional risks and disclosures at www.nexpoint.com/nexpoint/disclosures/closed-end-fund-disclosures/
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SOURCE NexPoint Diversified Real Estate Trust
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https://www.mysuncoast.com/prnewswire/2022/05/03/nexpoint-diversified-real-estate-trust-declares-regular-monthly-distribution/
| 2022-05-03T06:54:39Z
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New GoPro Cameras Feature Larger Sensor, 10-Bit Color Video, New Ultra-Wide 'HyperView' Field of View, HyperSmooth 5.0 Video Stabilization, Full 360-Degree Horizon Lock and High Performance Enduro Battery
GoPro Subscribers Enjoy Automatic Cloud Backup and Highlight Videos Sent to Their Phone
SAN MATEO, Calif., Sept. 14, 2022 /PRNewswire/ -- Today, GoPro (NASDAQ: GPRO) announced three versions of its all-new HERO11 Black camera: HERO11 Black, HERO11 Black Creator Edition and HERO11 Black Mini. All three cameras feature a new, larger sensor that delivers the highest resolution, highest 10-bit color depth, highest level of video stabilization and widest field of view ever featured natively in a HERO camera.
All three HERO11 Black cameras also take GoPro's subscription service to a new level by delivering automatic highlight videos to your phone. As a GoPro subscriber, you need only plug-in your HERO11* to charge and the camera will upload your footage to your GoPro cloud account where it's automatically edited into a highlight video that is sent to your phone via the GoPro Quik app. It's now that easy.
Each of the three new HERO11 Black cameras are designed to appeal to consumers in different ways, meeting the needs of their particular use cases.
- HERO11 Black: The world's most versatile camera, more powerful and convenient than ever before. Featuring GoPro's proven signature HERO camera design, durability and performance, HERO11 Black is set to be the camera more professionals and enthusiasts turn to than any other to capture immersive footage that makes you feel like you were there.
- HERO11 Black Creator Edition: An all-in-one content capturing powerhouse that makes vlogging, filmmaking and live streaming easy with an ultra lightweight design that fits into the palm of your hand. It features all of HERO11 Black's performance plus a long-lasting battery grip with built-in buttons for one-handed camera control and over four hours of 4K recording per charge. HERO11 Black Creator Edition also includes an optional directional microphone, external mic input, HDMI port for connecting to external displays, a high-output LED light and two cold shoe mounts for mounting additional accessories.
- HERO11 Black Mini: A smaller, lighter, simpler version of HERO11 Black that features all of the performance of its bigger sibling. HERO11 Black Mini's smaller size and simple one-button design makes it the perfect choice for people who want maximum simplicity without sacrificing even a hint of performance or quality. Want to keep it simple but still look like a HERO? Choose HERO11 Black Mini.
The new 1/1.9" sensor delivers over 1 billion colors in 10-bit color video at up to 5.3K resolution at 60 frames per second in both HERO11 Black and HERO11 Black Mini and 27 megapixel photos in HERO11 Black for images that are truer to how your eyes perceive them in the real world. This results in 64X more colors captured in 10-bit video over the 16.7 million colors in 8-bit, a staggering leap forward in image quality over previous GoPro cameras.
HERO11 Black's new larger sensor also enables 8:7 aspect ratio video for the largest vertical field of view ever on a GoPro. This means you can now capture more of a scene vertically with the ability to crop for different aspect ratios in the GoPro Quik app—perfect for simultaneously creating extra-tall 9:16 vertical shots for Instagram and TikTok, plus high-resolution 16:9 cinematic shots ideal for YouTube or the big screen. You can also zoom in on the best sections of your videos to create high-resolution closeups.
The new sensor also enables HyperView, the widest 16:9 field of view ever native to a HERO camera. Ideal for filming first person view of yourself biking, skiing, surfing, motorcycling and similar activities, HyperView makes your favorite activities look faster and more heroic than you ever imagined possible.
- Emmy Award®-winning HyperSmooth 5.0 technology with in-camera 360-degree Horizon Lock to keep your footage steady even if your camera rotates a full 360 degrees during capture.
- New hyper-immersive HyperView digital lens delivers the widest angle 16:9 shot ever produced natively in a HERO camera. It's for high-action point-of-view capture. Plus, GoPro's signature SuperView is now available in 5.3K60 and 4K120.
- Three new Night Effect Time Lapse presets that make capturing pro-quality Star Trails, Light Painting and Vehicle Light Trails easy.
- TimeWarp 3.0 now captures at 5.3K, an impressive 91% leap in resolution from 4K, and an incredible 665% more than 1080p.
- Simpler camera control with Easy and Pro modes. Easy Controls make it easier than ever to record in the best setting for any situation, while Pro Controls unlock every aspect of your HERO11 camera for maximum creative control.
- Enduro Battery dramatically improves camera performance in cold and moderate temperatures, extending recording times up to 38% in HERO11 Black. Enduro comes in-box with HERO11 Black and HERO11 Black Creator Edition and as a built-in Enduro battery in HERO11 Black Mini.
The GoPro Subscription enables your GoPro camera to auto-upload your footage to your GoPro cloud account with unlimited backup of all your shots at their original source quality. What's more, you'll receive a highlight video of your footage immediately after it's done uploading to the cloud. GoPro subscribers also enjoy the following benefits:
- Full access to all of the premium editing tools in the GoPro Quik app
- Full access to GoPro's growing cloud-based editing capabilities
- Live streaming via private links
- Exclusive savings on new GoPro cameras
- Damaged camera protection
- Up to 50% savings on GoPro camera, accessories and lifestyle gear at GoPro.com
HERO11 Black is available globally today at $399.98 for GoPro Subscribers and $499.99 MSRP. HERO11 Black Creator Edition is also available globally today at $579.98 for GoPro Subscribers and $699.99 MSRP. HERO11 Black Mini will be available at GoPro.com on Oct. 25 for $299.98 for GoPro Subscribers and $399.99 MSRP, rolling out to retailers globally thereafter.
For more information on GoPro's new lineup of HERO11 Black cameras, please visit GoPro.com to learn more.
Celebrating its 20th anniversary in 2022, GoPro helps the world to capture and share itself in immersive and exciting ways.
For more information, visit GoPro.com. Open roles can be found on our careers page. Members of the press can access official logos and imagery on our press portal. GoPro customers can submit their photos and videos to GoPro Awards for an opportunity to be featured on GoPro's social channels and receive gear and cash awards. Connect with GoPro on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube, and GoPro's blog The Current.
GoPro, HERO and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries.
*Available only to GoPro subscribers with GoPro HERO5 Black cameras and newer.
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SOURCE GoPro, Inc.
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https://www.wibw.com/prnewswire/2022/09/14/gopro-launches-three-new-hero11-black-cameras-that-send-highlight-videos-your-phone/
| 2022-09-14T13:27:32Z
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Mississippi sues Favre, wrestlers, over welfare misspending
JACKSON, Miss. (AP) — The Mississippi Department of Human Services on Monday sued retired NFL quarterback Brett Favre and three former pro wrestlers along with several other people and businesses to try to recover millions of misspent welfare dollars that were intended to help some of the poorest people in the U.S.
The lawsuit says the defendants “squandered” more than $20 million in money from the Temporary Assistance for Needy Families anti-poverty program.
The suit was filed less than two weeks after a mother and son who ran a nonprofit group and an education company in Mississippi pleaded guilty to state criminal charges tied to the misspending. Nancy New, 69, and Zachary New, 39, agreed to testify against others in what state Auditor Shad White has called Mississippi’s largest public corruption case in the past two decades.
In early 2020, Nancy New, Zachary New, former Mississippi Department of Human Services executive director John Davis and three other people were charged in state court, with prosecutors saying welfare money had been misspent on items such as drug rehabilitation in Malibu, California, for former pro wrestler Brett DiBiase.
DiBiase is a defendant in the lawsuit filed Monday in Hinds County Circuit Court, as are his father and brother who were also pro wrestlers, Ted DiBiase Sr. and Ted “Teddy” DiBiase Jr.
Ted DiBiase Sr. was known as the “The Million Dollar Man” while wrestling. He is a Christian evangelist and motivational speaker, and he ran Heart of David Ministries Inc., which received $1.7 million in welfare grant money in 2017 and 2018 for mentorship, marketing and other services, according to the lawsuit.
White last year demanded repayment of $77 million of misspent welfare funds from several people and groups, including $1.1 million paid to Favre, who lives in Mississippi. Favre has not been charged with any criminal wrongdoing.
White said Favre was paid for speeches but did not show up. Favre has repaid the money, but White said in October that Favre still owed $228,000 in interest. In a Facebook post when he repaid the first $500,000, Favre said he did not know the money he received came from welfare funds. He also said his charity had provided millions of dollars to poor children in Mississippi and Wisconsin.
Months ago, the auditor’s office turned over the demands for repayment of misspent welfare money to the Mississippi attorney general’s office for enforcement. White said in a statement Monday that he knew the attorney general’s office eventually would file suit.
“I applaud the team filing this suit and am grateful the state is taking another step toward justice for the taxpayers,” White said. “We will continue to work alongside our federal partners — who have been given access to all our evidence for more than two years — to make sure the case is fully investigated.”
The lawsuit filed Monday said Favre at one time was the largest individual outside investor and stockholder of Prevacus, a Florida-based company that was trying to develop a concussion drug. The suit said that in December 2018, Favre urged Prevacus CEO Jake VanLandingham to ask Nancy New to use welfare grant money to invest in the company.
The suit also said Favre hosted a Prevacus stock sales presentation at his home in January 2019, attended by VanLandingham, Davis, Nancy New, Zach New and Ted DiBiase Jr., and that an agreement was reached to spend “substantial” welfare grant money in Prevacus and later in its corporate affiliate PreSolMD Inc.
The suit said the stock was in the names of Nancy New and Zach New but was also for the financial benefit of Favre, VanLandingham and the two companies. The lawsuit demands repayment of $2.1 million in welfare grant money that was improperly paid to the two companies in 2019.
The Associated Press on Monday called a number once listed for Favre Enterprises and a recording said it was no longer in service.
Attorney General Lynn Fitch and Gov. Tate Reeves said in a joint statement Monday: “Our purpose with this suit is to seek justice for the broken trust of the people of Mississippi and recover funds that were misspent.”
Davis was chosen to lead the Department of Human Services in 2016 by then-Gov. Phil Bryant — who, like Reeves, Fitch and White, is a Republican. Davis retired in July 2019 and is awaiting trial on criminal charges in the misspending.
Brett DiBiase pleaded guilty in December 2020 to one count of making a false statement. He said in court documents that he had submitted documents and received full payment for work he did not complete. He agreed to pay $48,000 in restitution and his sentencing was deferred.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/05/09/mississippi-sues-favre-wrestlers-over-welfare-misspending/
| 2022-05-10T01:22:52Z
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Heavy rain kills 44 in northeast Brazil
CNN’s Marcelo Medeiros
At least 44 people have died in northeast Brazil amid heavy rains over the weekend.
An additional 56 people are missing and at least 25 are injured, Brazil’s Minister of Regional Development Daniel Ferreira said on Sunday.
More than 3,900 people have also lost their homes due to devastating downpours, Ferreira also said.
Some of the deaths were caused by landslides in the greater Recife area, in Pernambuco state, according to the local civil defense.
Brazil’s northeast has been suffering from exceptionally high volumes of rain, officials say. Some areas have registered more rain in the past 24 hours than the total volume expected for the month of May.
Pernambuco’s civil defense forces have urged residents living in areas at high risk of landslides to seek shelter elsewhere until the rain decreases. In the city of Recife, schools opened to shelter displaced families.
Extreme rain has battered Brazil repeatedly in recent months. In December, downpours caused two dams to burst in nearby Bahia state, killing dozens and submerging entire streets.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
Reporting contributed by journalist Marcia Reverdosa in Sao Paulo.
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https://localnews8.com/news/2022/05/29/heavy-rain-kills-44-in-northeast-brazil/
| 2022-05-29T18:17:43Z
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Alcatel-Lucent Enterprise M8 DeskPhone: more than a phone
SHANGHAI, June 6, 2022 /PRNewswire/ -- ALE China Co., Ltd, a leader in audio technology for the global landline phone market, trading under the name of ALE Device, is introducing a high-end SIP DeskPhone under its Myriad series – Alcatel-Lucent Enterprise M8. The new phone represents a major milestone in ALE Devices made for the open SIP market and is designed help business people stay connected and productive anywhere, anytime.
The M8 DeskPhone was built for new ways of working and living. It has a wealth of connectivity options enabling it to synchronise with multi-media devices. Freed from the confines of a fixed workstation, it can meet the needs of dynamic business connections. Its industry-leading audio and newly adopted technologies guarantee a new experience in audio, design, speed and performance for the end user.
Key features
- 5 inch In-Plane Switching (IPS) display
- New architecture for super speed
- Built-in 2.5G/5G Wi-Fi and Bluetooth 5.0, USB A & C
- Super wideband audio and 360-degree audio tuning
- 12-way local conferencing
- Touch-sensitive keys with LED
- Smart wheel with LED lighting for navigation and volume control
- Elegant fabric design inspired by a household speaker
The M8 DeskPhone is flexible enough to keep up with users in dynamic working scenarios, including in an open-plan office, meeting room or at home. It can be used as a conventional DeskPhone, delivering up-to-the-minute audio, or it can replace a suite of conferencing equipment and operate as a conference phone or speaker in a meeting room. People can even use it to listen to music during their downtime.
Visit the website to find out more about the M8 DeskPhone.
About ALE Device
ALE China Co., Ltd, operating under the "ALE Device" trade name, is an audio technology expert in the global DeskPhone market designing and marketing communication devices for enterprises. The company focuses on innovative technologies to develop a wide range of enterprise communication devices such as SIP phones, headsets, audio and video equipment for Unified Communications. These products can be integrated into a variety of solutions with simple provisioning tools, in a cost-effective, secure and flexible manner.
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SOURCE ALE Device
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https://www.kxii.com/prnewswire/2022/06/07/ale-device-introduces-high-end-5-inch-ips-sip-deskphone-with-built-in-255g-wi-fi-bluetooth-50/
| 2022-06-07T04:04:28Z
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COLUMBUS, Ohio, Aug. 25, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) will host an Investor Day in New York City on Thursday, November 10, 2022, with presentations by Steve Steinour, chairman, president, and chief executive officer, along with other members of the executive management team. The presentations will provide an in-depth review of Huntington's strategy, key initiatives, and financial performance.
Attendance in person is by invitation only to institutional investors and analysts. Presentations are expected to begin at 8:30 a.m. (ET) and are expected to conclude at 12:30 p.m. (ET).
The live audio webcast of the conference, as well as the presentation slides, will be available to the public on the day of the event in the Investor Relations section of Huntington's website at http://huntington-ir.com/. The webcast replay will be available on our Investor Relations webpage within 24 hours following the presentation and will be archived for 12 months.
About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $179 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
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SOURCE Huntington Bancshares Incorporated
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https://www.wibw.com/prnewswire/2022/08/25/huntington-bancshares-host-investor-day-november-10-2022/
| 2022-08-25T22:28:54Z
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Tracy Benaman Joins the Company as VP of Sales
FOSTER CITY, Calif. , May 18, 2022 /PRNewswire/ -- Deep North, the intelligent video analytics company, today announced it has named Tracy Benaman the company's new vice president of sales. Benaman brings extensive experience to her role leading business development efforts for Deep North's retail practice.
Benaman has led retail operations for 26 years with five different apparel brands, including Gap Inc., American Eagle, Polo Ralph Lauren, Ashley Stewart, and NY & Company. In addition, she spent two years consulting for Claris Solutions, heading up the store operational practice and working with a variety of retailers to improve sales, productivity, and ultimately profit. Most recently, Benaman led the client engagement team at Alliance Data Card Services working with over 80 clients to improve customer engagement.
"We are so excited to have Tracy join the company," said Rohan Sanil, CEO and co-founder of Deep North. "As we continue our aggressive growth, we are bringing onboard leaders that have deep industry experience and domain knowledge to demonstrate the impact Deep North delivers to empower critical decision making. We know that Tracy will help both the company and our clients grow in the retail space."
Deep North offers an intelligent video analytics platform that uses computer vision and AI to help retailers gain data insights to improve in-store shopping experiences, including optimizing product placement, preventing asset loss, tracking inventory, assisting shoppers in avoiding long checkout lines, and redirecting employees to where they can be of most help in a store. The solution empowers retailers to enhance store operations, bolster customer experiences, and increase sales.
About Deep North
Deep North helps businesses achieve better outcomes through its video analytics and AI platform for the physical world. Its end-to-end software solution combines computer vision with deep learning technologies to help retailers and businesses deliver metrics such as footfall, conversion, consumer demographics, dwell times, shopper journey and more, helping retailers and businesses make strategic decisions in real time. Deep North is used by Fortune 500 retailers for both strategic planning and day-to-day store management to boost in-store sales conversion, reduce costs and offer exceptional consumer experiences. Deep North is fully compliant with CCPA, GDPR and PII regulations.
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https://www.wibw.com/prnewswire/2022/05/18/deep-north-appoints-retail-industry-veteran-its-executive-leadership-team/
| 2022-05-18T14:08:03Z
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Black Coloradans Seeking Undergraduate and Graduate Degrees at Prestigious Universities Across the U.S. Receive Sachs Foundation Support
COLORADO SPRINGS, Colo., May 17, 2022 /PRNewswire/ -- The Sachs Foundation, an organization that has provided college scholarships to Black Coloradans since 1931, announced today that it has awarded more than $2 million in scholarships to talented Black students in the Centennial State over the past year. Sachs Foundation scholars are pursuing undergraduate and graduate degrees from universities and colleges in Colorado as well as top institutions from coast to coast, including Yale, Stanford, MIT, Harvard and Cornell and prestigious historically Black colleges and universities (HBCUs) like Howard University.
The foundation awarded 52 scholarships over the past year to exceptional Black students from all around Colorado, including Aurora, Castle Rock, Colorado Springs, Commerce City, Denver, Fountain, Gypsum, Lafayette, Lakewood, Lamar and Woodland Park. The students who received Sachs Foundation support this year are not only accomplished in academics but have already made a positive impact in their communities through their achievements in the arts, athletics and volunteer activities. More than half of the students are the first generation in their family to attend college.
To celebrate the students' excellence this year, the foundation sponsored a brunch for the 2022 Sachs Foundation Scholarship Program students and guests at the Penrose House in Colorado Springs. The guest speaker was Clint Smith, a journalist, educator, New York Times best-selling author, popular YouTube host, award-winning poet and staff writer at The Atlantic.
Pikes Peak resident Henry Sachs created the foundation during the Great Depression, awarding the first Sachs Foundation scholarship to Dolphus Stroud, whose family's friendship with Sachs gave him vivid insight into the toll discrimination takes on Black Coloradans' educational and economic prospects. Since that time, the Sachs Foundation has provided financial and/or mentoring support to more than 3,000 talented Black students from Colorado. Over the years, Sachs Foundation scholarship recipients have achieved personal success and enriched their communities through distinguished careers in many professions, including the arts, medicine, science, engineering and public service.
"Society has changed since Henry Sachs' time, but as statistics confirm year after year, Black Coloradans still face significant obstacles to academic and professional achievement, so our mission remains as relevant as ever," said Ben Ralston, President, Sachs Foundation. "This year's scholarship recipients are incredibly brilliant in the academic sense but also committed to their communities and eager to help others. We're honored to provide them with the support they need to pursue their dreams."
Last year, the Sachs Foundation celebrated 90 years of providing opportunities to Black students. The foundation makes applications available annually between January 1 and March 15 to Black residents of Colorado. Eligible students and their families are encouraged to apply. Scholarships are based on academic merit, financial need and character. Learn more at www.sachsfoundation.org.
About the Sachs Foundation
Founded by Pikes Peak resident Henry Sachs in 1931, the Sachs Foundation provides scholarship programs designed to help Black Coloradans overcome discrimination and reach their full academic potential. Over the decades, the Foundation has helped thousands of talented Black students pursue undergraduate and graduate degrees at universities throughout the United States, dispersing millions in funding through its unique education equity approach. Learn more about the Sachs Foundation, student success stories and how to apply for scholarship grants at www.sachsfoundation.org.
Media Contact
Jenna Tocatlian
Next PR
sachsfoundation@nextpr.com
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https://www.kxii.com/prnewswire/2022/05/17/high-achieving-black-students-colorado-receive-more-than-2-million-sachs-foundation-scholarships-over-past-year/
| 2022-05-17T16:25:20Z
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Pilot Program to Study Impact of Pre-paid Passes
SAN FRANCISCO, Aug. 15, 2022 /PRNewswire/ -- The Metropolitan Transportation Commission — in conjunction with BART and all other transit agencies participating in the Clipper® fare payment system — today launched a two-year pilot program to study the impact of a single pass that will provide some 50,000 Bay Area residents free access to all bus, rail and ferry services in the nine-county region.
Known as the Clipper® BayPass, the new passes initially will be distributed to participating students at San Francisco State University, San Jose State University, the University of California's Berkeley campus and Santa Rosa Junior College, and then expanded to include residents of select affordable housing communities managed by MidPen Housing. While the Clipper BayPass will be made available to all students at Santa Rosa Junior College, about a quarter of students at the other campuses will be invited to participate in the pilot. Other students will use another form of payment (such as a standard adult Clipper card; U.C. Berkeley's EasyPass for travel on AC Transit buses; or San Francisco State's Gator Pass for free travel on Muni and SamTrans and reduced fares on BART). This limited distribution, which will be based on random assignment, is designed to measure the impact on travel of an all-system pass when compared to students not using Clipper BayPass. All residents at participating MidPen Housing properties will be offered a Clipper BayPass.
"One of the big takeaways from the Blue Ribbon Transit Recovery Task Force convened early in the Covid-19 pandemic is the urgency of making Bay Area transit simpler and more seamless," explained MTC Chair and Napa County Supervisor Alfredo Pedroza. "Clipper BayPass is a great way to get real-world data on the role fare coordination can play in meeting those goals. We'll use the information collected to help shape the development, pricing and implementation of one or more new multi-agency passes or fare caps that eventually will be used by vastly more riders."
Pilot program participants will be able to use Clipper BayPass for unlimited travel on:
- BART
- SFMTA (Muni)
- AC Transit
- VTA
- Caltrain
- SamTrans
- Golden Gate Transit
- Golden Gate Ferry
- San Francisco Bay Ferry
- County Connection
- Dumbarton Express
- Fairfield and Suisun Transit (FAST)
- Marin Transit
- Petaluma Transit
- Santa Rosa CityBus
- SMART
- Soltrans
- Sonoma County Transit
- Tri Delta Transit
- Union City Transit
- Vacaville City Coach
- VINE
- WestCAT
- Wheels
"This pilot program is an exciting step toward fare coordination among transit agencies and toward making it easy for organizations to prioritize and promote transit as the preferred mode of transportation in the Bay Area," said BART Board President Rebecca Saltzman. "Studying a regional fare pass using students and residents of affordable housing communities makes clear our commitment to building a more equitable fare system."
Clipper BayPass is the first initiative to be implemented based on recommendations of the Coordination/Integration Study and Business Case, an 18-month study led by MTC and BART that focused on creating more customer-friendly transit fare system in the Bay Area and was conducted in partnership with all other Bay Area transit agencies.
MTC will provide funds to transit agencies to offset the revenue impacts of the Clipper BayPass pilot, which is expected to conclude at the end of 2024.
Participants in the BayPass program will continue to use their Clipper cards — either traditional plastic cards or Clipper cards on their smartphones or Apple Watch — to tag on (or off) at faregates, on buses, on rail platforms or at ferry ramps. Aside from traveling at no charge, the Clipper BayPass will function like any other Clipper card. The Clipper BayPass may not be shared with family or friends; it may be used only by participants selected for the pilot program, and any violators will be removed from the program.
MTC is the transportation planning, funding and coordinating agency for the nine-county San Francisco Bay Area. MTC operates the Clipper system on behalf of the region's transit agencies.
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https://www.kxii.com/prnewswire/2022/08/15/clipper-baypass-sets-sail-with-unlimited-transit-access/
| 2022-08-15T19:47:52Z
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Four Seasons Plumbing helps Asheville residents minimize plumbing system issues
ASHEVILLE, N.C., May 6, 2022 /PRNewswire/ -- With years of experience serving Asheville and Hendersonville communities, family-owned Four Seasons Plumbing understands how slow-moving drains can be frustrating for area residents. From backed-up sinks to slow draining showers, drain problems can create an inconvenience and cause costly plumbing issues for homeowners if not addressed properly.
"No one wants to start washing dishes only to have the water back into the sink," said Max Rose, owner of Four Seasons Plumbing. "Not only is it frustrating, but it can also be a time-consuming issue. Luckily, there are some home remedies that can solve these issues and help keep your day moving along as normal."
Rose and the Four Seasons team recommend these three tips to help resolve slow drains.
- The baking soda solution: One of the most common remedies for slow drains requires the use of vinegar, hot water and baking soda. Simply pour boiling water down the drain. Second, put a half cup of baking soda into the drain and let it sit for a couple of minutes. Combine a cup of vinegar and a cup of hot water then pour it on top of the baking soda. Let it sit for 10 minutes, and then flush it with one more boiling pot of water. This should help loosen and flush away any buildup in the drain.
- Use a plunger: While many associate plungers with toilets, it is a tool that can be used for sinks as well. After covering the overflow hole with tape, proceed to use the plunger to loosen the blockage. Be careful. Too much pressure can crack weak pipes.
- Consider a zip-it tool: A zip-it, or drain snake, is a cost-effective tool that allows you to get hair and other debris out of your drain with little effort. The hooks on the instrument enable homeowners to grab any debris that may be blocking the water from freely flowing down the drain.
While home remedies provide a quick solution for small drain problems, if problems persist, contacting a plumbing professional may be the best option for getting your drains in top shape.
"For small plumbing issues, DIY solutions are an easy way for homeowners to fix drain problems themselves," Rose said. "But for major blockages, it is recommended to contact the local professional in your area. These issues may not be resolved through homemade solutions, and a licensed plumber can assess the situation and have your drains working properly in no time."
For more information on Four Seasons Plumbing and their services, please visit https://callfourseasons.com/.
About Four Seasons Plumbing
Four Seasons Plumbing is a family-owned and operated home services company serving Asheville and Hendersonville areas. Four Seasons Plumbing has established itself as the leader in providing reliable, professional plumbing services throughout the entire Asheville and Hendersonville area and surrounding communities. We pride ourselves on a commitment to customer service and can answer any and all of your plumbing needs, even emergencies. For more information, call 828-216-3894 or visit http://callfourseasons.com.
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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https://www.kxii.com/prnewswire/2022/05/06/eliminate-slow-drains-with-3-simple-solutions/
| 2022-05-06T11:45:50Z
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WASHINGTON (AP) — The Environmental Protection Agency on Tuesday proposed a rule to finally ban asbestos, a carcinogen that is still used in some chlorine bleach, brake pads and other products and kills thousands of Americans every year.
The proposal marks a major expansion of EPA regulation under a landmark 2016 law that overhauled rules governing tens of thousands of toxic chemicals in everyday products, from household cleaners to clothing and furniture.
The proposed rule would ban chrysotile asbestos, the only ongoing use of asbestos in the United States. The substance is found in products such brake linings and gaskets, and is used to manufacture chlorine bleach and sodium hydroxide, also known as caustic soda.
EPA Administrator Michael Regan called the rule an important step to protect public health and “finally put an end to the use of dangerous asbestos in the United States.”
The proposed ban “demonstrates significant progress in our work to implement the (2016) law and take bold, long-overdue actions to protect those most vulnerable among us,” Regan said.
The 2016 law authorized new rules for tens of thousands of toxic chemicals found in everyday products, including substances such as asbestos and trichloroethylene that for decades have been known to cause cancer yet were largely unregulated under federal law. Known as the Frank Lautenberg Chemical Safety Act, the law was intended to clear up a hodgepodge of state rules governing chemicals and update the Toxic Substances Control Act, a 1976 law that had remained unchanged for 40 years.
The EPA banned asbestos in 1989, but the rule was largely overturned by a 1991 court decision that weakened EPA’s authority under TSCA to address risks to human health from asbestos or other existing chemicals. The 2016 law required the EPA evaluate chemicals and put in place protections against unreasonable risks.
At the signing ceremony for the new law, then-President Barack Obama said the U.S. chemical system under TSCA was “so complex, so burdensome that our country hasn’t even been able to uphold a ban on asbestos. I think a lot of Americans would be shocked by all that.”
Asbestos, which was once common in home insulation and other products, is banned in more than 50 countries and its use in the U.S. has been declining for decades. The only form of asbestos known to be currently imported, processed or distributed for use in the U.S. is chrysotile asbestos, which is imported primarily from Brazil and Russia. It is used by the chlor-alkali industry, which produces bleach, caustic soda and other products.
Most consumer products that historically contained chrysotile asbestos have been discontinued.
While chlorine is a commonly used disinfectant in water treatment, there are only 10 chlor-alkali plants in the U.S. that still use asbestos diaphragms to produce chlorine and sodium hydroxide. The plants are mostly located in Louisiana and Texas.
The use of asbestos diaphragms has been declining and now accounts for about one-third of the chlor-alkali production in the U.S., EPA said.
The American Chemistry Council, a lobbying group for the chemical industry, slammed the EPA proposal, saying it could cause substantial harm to America’s drinking water supply by reducing the domestic supply of chlorine.
About 98% of public drinking water treatment facilities use some form of chlorine-based disinfectant, the group said, adding that supply chain disruptions experienced by water utilities over the last couple of years “have highlighted the vital importance of chlorine to water disinfection.”
Chlorine also is used in production of batteries, windmills and solar panels, the group said.
The proposed ban would take effect two years after the effective date of the final rule.
In addition to addressing the significant human health effects of chrysotile asbestos exposure, the proposed rule is also expected to reduce air pollution and greenhouse gas emissions associated with chlor-alkali production, an energy-intensive industrial operation.
In a 2019 op-ed, former EPA administrators Gina McCarthy and William K. Reilly called for Congress to “do what this (Trump-era) EPA has failed to do: consider all the science and ban asbestos once and for all.”
A bill known as the Alan Reinstein Ban Asbestos Now Act would “save tens of thousands of lives and close the book on asbestos use for good,” they wrote in The New York Times. McCarthy, who led the EPA in Obama’s second term, is now White House climate adviser to President Joe Biden.
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https://cw33.com/health/ap-health/epa-rule-would-finally-ban-asbestos-carcinogen-still-in-use/
| 2022-04-05T18:49:01Z
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Electronic Transaction Consultants to receive the award at IBTTA's 90th Annual Meeting & Exhibition in September
TORONTO, Aug. 30, 2022 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF), announces that the International Bridge, Tunnel & Turnpike Association ("IBTTA") has awarded Electronic Transaction Consultants, LLC ("ETC"), a Quarterhill company, the 2022 Toll Excellence Award for Private Sector Innovation for ETC's Accounts Receivable Management ("ARM") application for the Harris County Toll Road Authority ("HCTRA"). Each year IBTTA presents the Toll Excellence Awards to highlight the very best projects, innovations and solutions from the international tolling industry, and describes the awardees as "global industry leaders and role models, performing outstanding work by finding less costly solutions for drivers, creating stronger customer support services, improving safety, enhancing sustainable clean water practices, and embracing new technologies." The awards will be presented during IBTTA's 90th Annual Meeting & Exhibition in Austin, Texas on September 19, 2022. ETC previously won IBTTA's 2019 Toll Excellence Award for the successful implementation of the Central U.S. Interoperability Hub.
In 2019, Harris County Commissioners Court unanimously approved the changes to the violation invoicing and collections process to provide a more customer-friendly, transparent resolution process for drivers. HCTRA chartered ETC to develop and implement an integrated ARM application initially for use by HCTRA. The ARM application was specifically designed and developed to collect on past due receivables along with the functionality to perform hearings, adjudication and/or litigation. The ARM application was to be integrated with the ETC riteHorizon™ Back Office System implemented at HCTRA, along with electronic delivery of data and documents to the Harris County Attorney Office and County Clerk's Office. The ARM application is a consolidated solution with the integration of advanced technologies, including a modern low-code user interface (UI) and cloud infrastructure, and can be integrated easily with any back-office system, tolling or otherwise. The system provides seamless integration across the various processes, with a clear timeline for each collection and legal action escalation points. This enables users to quickly evaluate each case and decide on the next steps.
"The team at ETC is so grateful to be selected by IBTTA for this respected award," stated ETC's President & Chief Executive Officer Kevin Holbert. "This is further validation of ETC's dedication to technical and operational excellence and commitment to being the innovation leader in the tolling and smart mobility market. This would not have been possible without visionary Anil Mirmira, P.E., Deputy Director, Harris County Toll Road Authority (HCTRA) and his team who provided ETC with an opportunity to be their solution provider. Through this project, ETC was able to support HCTRA's new business process for in-house collections of delinquent receivables along with hearings and litigation. Implementation of the ARM application has not only allowed HCTRA to maximize their revenue collection, but also being able to increase conversion from an unregistered user to an enrolled account holder."
ETC is a leading U.S. intelligent transportation systems provider, developing and delivering best in class solutions for tolling, congestion management, smart mobility, and multimodal transportation initiatives. ETC's passionate and innovative team has been driving the future of mobility since 1999, with a number of industry firsts, including all electronic tolling (AET), dynamic pricing, agency interoperability, hosted mobility solutions and machine learning.
For over two decades, ETC has delivered sophisticated solutions to many of the U.S.'s largest toll authorities, including state-wide programs, county networks and tolling-specific authorities. ETC's solutions process over two billion transactions annually totaling over $3 billion in revenues for our customers, incorporating the latest in evergreen open-source and SaaS technologies and Big Data architecture through our innovative riteSuite™ products.
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry, as well as, through its Wi-LAN Inc. subsidiary, a leader in Intellectual Property licensing. Our goal is global leadership in ITS, via organic growth of the Electronic Transaction Consultants, LLC (ETC) and International Road Dynamics, Inc. (IRD) platforms, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information, visit www.quarterhill.com
The International Bridge, Tunnel & Turnpike Association (IBTTA) is the worldwide association for the owners and operators of toll facilities and the businesses that serve them. Founded in 1932, IBTTA has members in more than 20 countries on six continents. Through advocacy, thought leadership and education, members are implementing state-of-the-art, innovative user-based transportation financing solutions to address the critical infrastructure challenges of the 21st century.
This news release contains forward-looking statements regarding ETC, Quarterhill and their businesses. Forward-looking statements are based on estimates and assumptions made by ETC and/or Quarterhill in light of their experience and perception of historical trends, current conditions, expected future developments and the expected effects of new business strategies, as well as other factors that ETC and/or Quarterhill believe are appropriate in the circumstances. The forward-looking events and circumstances discussed herein may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting ETC and/or Quarterhill, including: potential risks and uncertainties relating to the ultimate geographic spread of the novel coronavirus ("COVID-19"); the severity of the disease; the duration of the COVID-19 outbreak; actions that may be taken by governmental authorities to contain the COVID-19 outbreak or to treat its impact; the potential negative impacts of COVID-19 on the global economy and financial markets and any resulting impact on ETC and/or Quarterhill and/or their businesses. Other factors include, without limitation, the risks described in Quarterhill's March 11, 2021 annual information form for the year ended December 31, 2020 (the "AIF"). Copies of the AIF may be obtained at www.sedar.com. ETC and Quarterhill recommend that readers review and consider all of these risk factors and notes that readers should not place undue reliance on any of ETC's forward-looking statements. ETC has no intention, and undertakes 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.
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https://www.wibw.com/prnewswire/2022/08/30/international-bridge-tunnel-amp-turnpike-association-recognizes-electronic-transaction-consultants-llc-with-2022-toll-excellence-award-private-sector/
| 2022-08-30T11:19:44Z
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Becomes fourth venture-backed, multi-billion-dollar defense-technology startup in 20 years
SAN DIEGO, June 9, 2022 /PRNewswire/ -- Shield AI, a fast-growing defense technology company building AI pilots for aircraft, today announced it has raised $90 million in equity and $75 million in debt as part of a Series E fundraising round, increasing the Company's valuation to $2.3 billion. With this deal, Shield AI joins SpaceX, Palantir, and Anduril as the only multi-billion-dollar defense-tech startups of the past 20 years.
"The future of defense aviation is autonomy. AI pilots are the most disruptive defense technology of our generation – and Shield AI is committed to putting the world's best AI pilots in the hands of the United States and our allies. No company has assembled more, or recruits better AI engineering talent for, aviation autonomy and intelligent swarming than Shield AI," said Shield AI's co-founder and CEO, Ryan Tseng.
The round was led by Snowpoint Ventures' Doug Philippone, who has also served as Palantir's Global Defense Lead since 2008, with participation from multiple top-tier venture funds including Riot Ventures, Disruptive, which led Shield AI's Series D, and Homebrew, which led Shield AI's seed round. Previous lead investors include Point72, Andreesen Horowitz, Breyer Capital, and SVB Capital.
"Investors are flocking to quality. This round is a reflection of Shield AI's success in creating great products, building a business with strong fundamentals, and dominant technological leadership – with an AI pilot proven to be the world's best in numerous military evaluations. We love that they are leveraging an AI and software backbone across a variety of aircraft to deliver truly game-changing value to our warfighters. The work they are doing today is just the tip of the iceberg," said Doug Philippone, co-founder of Snowpoint Ventures.
Shield AI's Hivemind software is an AI pilot for military and commercial aircraft that enables intelligent teams of aircraft to perform missions ranging from room clearance, to penetrating air defense systems, and dogfighting F-16s. Hivemind employs state-of-the-art algorithms for planning, mapping, and state-estimation to enable aircraft to execute dynamic flight maneuvers and uses reinforcement learning for discovery, learning, and execution of winning tactics and strategies. On aircraft, Hivemind enables full autonomy and is designed to run fully on the edge, disconnected from the cloud, in high threat, GPS and communication-degraded environments.
Shield AI's hardware products are its small-unmanned aircraft system (sUAS) Nova, and its medium-size vertical take-off and landing (VTOL) UAS, V-BAT. Hivemind is integrated onboard Nova and has been deployed in combat since 2018; it will soon be integrated onboard the V-BAT to further enhance its class-leading capabilities.
"Russia and China are jamming GPS and communications. U.S. and allied forces need swarms of resilient systems flown by AI pilots to operate in these denied environments. We call it low-cost, distributed strategic deterrence. If we had put up a bunch of AI-piloted swarms on the border of Ukraine, the Russians may have thought twice about invading. Distributed swarms are also more survivable than traditional strategic assets like an aircraft carrier (which is a high-cost, centralized strategic deterrent). Every ally is modernizing their military, and they're looking at how AI-piloted aircraft can give them a strategic, tactical, and cost advantage," said Brandon Tseng, Shield AI's co-founder, President, and a former Navy SEAL.
"At the end of the day, this round and Shield AI's work will positively contribute to global security and stability, which are foundational to human progress. Advancements in technology, medicine, education, and the overall human condition are made when security and stability are strong. This requires the United States and our allies, forces for good, to have the best capabilities at their disposal — including AI pilots that protect people and deter conflict," said Shield AI's co-founder and CEO, Ryan Tseng.
About Shield AI
Shield AI is a venture-backed company built around a team of proven executives, warfighters with relevant national security experience, and world-class AI engineers. The company has offices in San Diego, Washington D.C., Dallas, and Abu Dhabi. Shield AI's products and people are currently in the field actively supporting operations with the U.S. Department of Defense and allies. For more information, visit www.shield.ai.
Follow Shield AI on LinkedIn, Twitter, and Instagram
Media Contact: Lily Hinz, media@shield.ai
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https://www.kxii.com/prnewswire/2022/06/09/shield-ai-raises-165m-series-e-accelerate-building-worlds-best-ai-pilot/
| 2022-06-09T12:34:30Z
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The Mexican carrier implemented Sabre's branded fares to provide greater flexibility to choose products and services that best fit passengers and agencies needs
SOUTHLAKE, Texas, May 19, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new distribution agreement with Viva Aerobus, Mexico´s ultra-low-cost carrier, which will help enable the airline to power future revenue growth through agency sales.
Viva Aerobus can now distribute its flights and services through Sabre's global distribution system (GDS), providing more content and choices through a single source for greater convenience, agility and efficiency.
With this agreement, Sabre-connected agencies will enjoy e-ticketing and enhanced merchandising capabilities, allowing travel agents to easily view, compare, and sell Viva Aerobus' flights across the network. With the implementation of Sabre's branded fares technology, Viva Aerobus will now be able to provide their customers greater flexibility to choose the products and services that best fit their needs.
"Viva Aerobus is an airline in constant expansion with solid plans for growth in fleet, routes and flights. Partnering with a trustworthy and innovative technology company like Sabre is key to both achieve our growth plans, as well as to increase operational efficiencies," said Andrea Rodríguez, Sales Director at Viva Aerobus. "We are confident that Sabre is the right partner to support our long-term goal, which is to provide travelers with the lowest fares and a personalized experience where they only pay for what they really need."
With more than 15 years of experience, more than 80 million passengers transported and more than 3,500 employees, Viva Aerobus operates over 130 domestic routes within Mexico and international routes to destinations in Colombia, Cuba and the United States. Its value proposition combines customer-oriented service, flexibility and low fares. As a result of this service, Viva Aerobus has positioned itself as one of the three main airlines in Mexico. Currently, Viva has the newest fleet in Mexico and the third youngest in all North America, offering the highest standards in terms of safety, efficiency and reliability.
"We are thrilled to partner with Viva Aerobus to help them reach their growth goals as the industry continues to recover," said Gary Stone, Vice President Select Airline Accounts, Sabre Travel Solutions. "We are committed to partnering with airlines and agencies in creative ways to deliver the retailing and distribution solutions that meet our customers' needs on both sides of the travel marketplace."
Sabre's broad suite of flexible and scalable software solutions helps airlines to operate how they want to and adapt their business to changing needs and requirements. Sabre's solutions optimize day-to-day airline operations and ultimately help carriers solve their biggest challenges – helping drive increased revenue and reduced costs, while delivering better travel experiences.
About Sabre Corporation
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.
About Viva Aerobus
Viva Aerobus is Mexico's ultra-low-cost airline. It started operations in 2006 and today it operates the youngest Latin American fleet with 56 Airbus: 40 Airbus A320 and 16 Airbus A321. With a clear vision to give all people the opportunity to fly, Viva Aerobus has democratized the airline industry with the lowest fares in Mexico and the lowest cost structure in America, making their flights the best value offer. For more information please visit: www.vivaaerobus.com/en
Media Contacts at Sabre:
Kristin Hays
kristin.hays@sabre.com
Heidi Castle
heidi.castle@sabre.com
Investors
Kevin Crissey
kevin.crissey@sabre.com
SABR-F
Media contacts at Viva Aerobus:
Walfred Castro, Corporate Communication Director of Viva Aerobus
walfred.castro@vivaaerobus.com
Tarssis Dessavre, Account executive for Viva Aerobus of PRoa Structura
tdo@proa.structura.com.mx
Mobile. +52 1 55 2751 1709
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https://www.wibw.com/prnewswire/2022/05/19/viva-aerobus-joins-sabres-global-distribution-system-help-accelerate-growth-propel-increased-agency-sales/
| 2022-05-19T13:05:12Z
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OAKVILLE, ON, July 13, 2022 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (NYSE: AQN) today announced plans to release its second quarter 2022 financial results on Thursday, August 11, 2022, after market close. AQN will hold an earnings conference call at 10:00 a.m. eastern time on Friday, August 12, 2022, hosted by President and Chief Executive Officer, Arun Banskota, and Chief Financial Officer, Arthur Kacprzak.
Conference call details are as follows:
Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $17 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN is a global leader in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. AQN owns, operates, and/or has net interests in over 4 GW of installed renewable energy capacity.
AQN is committed to delivering growth and the pursuit of operational excellence in a sustainable manner through an expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution, and transmission businesses, and the pursuit of accretive acquisitions.
AQN's common shares, Series A preferred shares, and Series D preferred shares are listed on the Toronto Stock Exchange under the symbols AQN, AQN.PR.A, and AQN.PR.D, respectively. AQN's common shares, Series 2018-A subordinated notes, Series 2019-A subordinated notes and equity units are listed on the New York Stock Exchange under the symbols AQN, AQNA, AQNB, and AQNU, respectively.
Visit AQN at www.algonquinpowerandutilities.com and follow us on Twitter @AQN_Utilities.
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SOURCE Algonquin Power & Utilities Corp.
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https://www.kxii.com/prnewswire/2022/07/13/algonquin-power-amp-utilities-corp-announces-dates-second-quarter-2022-financial-results-conference-call/
| 2022-07-13T22:08:39Z
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Eight individual 24 cm PET gantries that comprise the two-meter total body digital PET uEXPLORER® system have landed on Grand Rapids' "Miracle Mile" for installation last week.
HOUSTON, May 19, 2022 /PRNewswire/ -- United Imaging, a global leader in advanced medical imaging and radiotherapy equipment, announced that the uEXPLORER, the company's state-of-the-art digital two-meter total-body PET/CT, has arrived and is being installed at the Doug Meijer Medical Innovation Building in Grand Rapids. This site on "Medical Mile" is where innovator Bold Advanced Medical Future (BAMF) Health chose to locate the the country's first theranostics clinic to install a total body PET; this center and the uEXPLORER system will be focused on how molecular imaging and theranostics are used in the diagnosis and treatment of disease.
Key leaders were on hand on May 9th to witness the gantries roll into the cutting-edge facility. BAMF Health broke ground on their clinic, radiopharmacy, and North American headquarters at Michigan State University's Grand Rapids Innovation Park in August 2021, where it expects to treat thousands of cancer patients from around the country.
"This is a milestone and a win for patients above all else," asserted Jeffrey Bundy, Ph.D, CEO of United Imaging Healthcare Solutions. "BAMF Health is absolutely revolutionizing cancer and disease treatment here in the U.S., and the way they have intentionally designed their facility and brought our technology into play to focus on the idea of getting from diagnosis to treatment in the same day is game changing. That's why they are ideal partners to use our medical imaging equipment: they believe as we do that the unique capabilities of our technology serve a higher purpose and can help them take patient outcomes to a different level."
United Imaging's uEXPLORER is the world's first and only medical imaging 3D scanner capable of capturing the entire human body in a single bed position. As part of United Imaging's all- digital PET/CT portfolio, uEXPLORER accomplishes total-body (two-meter) imaging in one acquisition in as little as 30 to 240 seconds, while allowing for fast and continuous tracking of tracer distribution in blood, organs, and tissues throughout the body. The uEXPLORER offers unparalleled support for pharmacokinetic studies and radiation dose evaluation and has a wide range of applications, from improving diagnostics to tracking disease progression to enabling research of new therapies. For example, uEXPLORER can be used to better visualize both the primary cancer mass and metastis dynamically at the same time.
A uPMR 790 will also be installed this summer. The uPMR 790 PET/MR has at its core the innovative uEXPLORER technology. It integrates the strengths of next-generation SiPM-based HD TOF (time of flight) with a 32 cm axial FOV (field of view) and 3T MRI with the United Compressed Sensing (uCS) platform. These technologies taken together redefine clinical PET/MR imaging.
"The clinical combination of the PET/MR and PET/CT technology is unmatched in this country," Dr. Anthony Chang, the founder and CEO of BAMF Health said. "To be able to bring that sophisticated care to the patients of our local community and from around the U.S. is very gratifying, and the emphasis BAMF Health and United Imaging both place on our missions (Enabling Patients To Become People Again and Equal Healthcare for All, respectively) tells the story of why we're doing what we do. And we've only just begun."
ABOUT UNITED IMAGING
At United Imaging, we develop and produce advanced medical products, digital healthcare solutions, and intelligent solutions that cover the entire process of imaging diagnosis and treatment. Founded in 2011, our company has subsidiaries and R&D centers across the world. Our North American headquarters in Houston includes our corporate offices, factory, product showroom, service training center, and service parts distribution center. With a cutting-edge digital portfolio and a mission of broader access to healthcare for all, we help drive industry progress and bold change. To learn more, visit united-imaging.com or follow us on LinkedIn and Twitter @UnitedImagingHC.
ABOUT BAMF HEALTH
BAMF Health is achieving Intelligence-Based Precision Medicine through Artificial Intelligence enabled Molecular Imaging and Molecular Targeted Radiation Therapy. The company's flagship location in Grand Rapids, Michigan will include the world's most advanced cyclotron-equipped Radiopharmacy, imaging clinic, and Theranostic clinic, and will open inside of the Doug Meijer Medical Innovation Building in Summer 2022. To learn more, visit bamfhealth.com or follow us on LinkedIn
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SOURCE United Imaging Healthcare Co., Ltd.
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https://www.wibw.com/prnewswire/2022/05/19/first-us-total-body-pet-clinic-focused-theranostics-celebrated-by-bamf-health-united-imaging/
| 2022-05-19T06:47:54Z
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Two children killed after being trapped in house fire, authorities say
HOUSTON (KPRC) – Two children were killed in a horrific house fire in Texas early Sunday.
Neighbors in Galveston said they tried to save the children, but police told them to stop because it was too dangerous.
Cellphone video shows the flames bursting from an upstairs window.
Firefighters on the ground were seen battling the blaze.
James Rodgers’ house is connected to the burning home. He said the children inside were family members.
“They were my cousin and niece,” he said. “Logan and Jade.”
Fire officials say calls for the fire came in at about 2:30 a.m.
The children and their father were inside the home at the time. The dad was able to get out, but the children were stuck inside.
A neighbor who asked to be left anonymous said they scrambled to get the word out.
“One of my friends went and tried to crawl up there to get into the window,” they said. “The police told him to get down and he got down.”
Their worst fear was confirmed when they say the mom made it back home a short time later.
“She made it about 20 minutes later and I could just tell the way she was screaming, it wasn’t good news,” the neighbor said.
Veronica von Blon, a nearby neighbor, said the entire community is heartbroken, with the family in everyone’s thoughts and prayers.
“You see something like this and it’s just so sad,” von Blon said. “It really is sad.”
It is unclear right now what ignited the fire.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.kxii.com/2022/05/01/two-children-killed-after-being-trapped-house-fire-authorities-say/
| 2022-05-02T05:45:31Z
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Gunman kills 2 during Oslo Pride festival; terror suspected
OSLO, Norway (AP) — A gunman opened fire in Oslo’s nightlife district early Saturday, killing two people and leaving more than 20 wounded in what the Norwegian security service called an “Islamist terror act” during the capital’s annual LGBTQ Pride festival.
Investigators said the suspect, identified as a 42-year-old Norwegian citizen originally from Iran, was arrested after opening fire at three locations in downtown Oslo.
Police said two men, one in his 50s and and the other his 60s, died in the shootings. Ten people were treated for serious injuries, but none of them was believed to be in life-threatening condition. Eleven others had minor injuries.
The Norwegian Police Security Service raised its terror alert level from “moderate” to “extraordinary” — the highest level — after the attack, which sent panicked revelers fleeing into the streets or trying to hide from the gunman.
The service’s acting chief, Roger Berg, called the attack an “extreme Islamist terror act” and said the suspect had a “long history of violence and threats,” as well as mental health issues.
He said the agency, known by its Norwegian acronym PST, first became aware of the suspect in 2015 and later grew concerned he had become radicalized and was part of an unspecified Islamist network.
Upon the advice of police, organizers canceled a Pride parade that was set for Saturday as the highlight of a weeklong festival. Scores of people marched through the capital anyway, waving rainbow flags.
One of the shootings happened outside the London Pub, a bar popular with the city’s LGBTQ community, just hours before the parade was set to begin.
Benjamin Lau- Henriksen, 15, and his friend Li-Sullivan Köker Bolstad, 16, walked by the London Pub on their way home from a nearby Pride party for young people about two hours before the shooting. Had they been of drinking age, they would have been at the bar, they said.
“Had we been over 18 yesterday, we would have been there and we could have died,” Bolstad said. “I’d like to say I’m surprised, but I’m not because as queer youth we live in fear of something like this happening.”
Police said civilians assisted them in detaining the suspect. Police attorney Christian Hatlo said the man was being held on suspicion of murder, attempted murder and terrorism, based on the number of people targeted at multiple locations.
“Our overall assessment is that there are grounds to believe that he wanted to cause grave fear in the population,” Hatlo said.
Hatlo said it was too early to say whether the gunman specifically targeted members of the LGBTQ community.
“We have to look closer at that, we don’t know yet,” he said.
Olav Roenneberg, a journalist from Norwegian public broadcaster NRK, said he witnessed the shooting.
“I saw a man arrive at the site with a bag. He picked up a weapon and started shooting,” Roenneberg told NRK. “First I thought it was an air gun. Then the glass of the bar next door was shattered and I understood I had to run for cover.”
Another witness, Marcus Nybakken, 46, said he saw a lot of people running and screaming and thought it was a fistfight.
“But then I heard that it was a shooting and that there was someone shooting with a submachine gun,” Nybakken told Norwegian broadcaster TV2.
Norwegian Prime Minister Jonas Gahr Stoere said in a Facebook post that “the shooting outside London Pub in Oslo tonight was a cruel and deeply shocking attack on innocent people.”
He said that while the motive was unclear, the shooting had caused fear and grief in the LGBTQ community.
“We all stand by you,” Gahr Stoere wrote.
Christian Bredeli, who was at the London Pub, told Norwegian newspaper VG that he hid on the fourth floor with a group of about 10 people until he was told it was safe to come out.
“Many were fearing for their lives,” he said. “On our way out we saw several injured people, so we understood that something serious had happened.”
Norwegian television channel TV2 showed footage of people running down Oslo streets in panic as shots rang out in the background.
Investigators said the suspect was known to police, as well as to PST, but not for any major violent crimes. His criminal record included a narcotics offense and a weapons offense for carrying a knife, Hatlo said.
Hatlo said police seized two weapons after the attack: a handgun and an automatic weapon, both of which he described as “not modern” without giving details.
He said the suspect had not made any statement to the police and was in contact with a defense lawyer.
Police advised organizers of the Pride festival to cancel a parade scheduled for Saturday.
“Oslo Pride therefore urges everyone who planned to participate or watch the parade to not show up. All events in connection with Oslo Pride are canceled,” organizers said on the official Facebook page of the event.
Inge Alexander Gjestvang, leader of FRI, a Norwegian organization for sexual and gender diversity, said the shooting shook the Nordic country’s LGBTQ community.
“We’ll be back later, proud, visible, but right now it’s not the time for that,” he told TV2.
King Harald V offered condolences to the relatives of victims and said the royal family was “horrified” by the attack.
“We must stand together to defend our values: freedom, diversity and respect for each other. We must continue to stand up for all people to feel safe,” the monarch said.
Norway has a relatively low crime rate but has experienced a series of so-called lone wolf attacks in recent decades, including one of the worst mass shootings in Europe. In 2011, a right-wing extremist killed 69 people on the island of Utoya after setting off a bomb in Oslo that left eight dead.
In 2019, another right-wing extremist killed his stepsister and then opened fire in a mosque but was overpowered before anyone there was injured.
Last year, a Norwegian man armed with knives and a bow and arrow killed five people in a town in southern Norway. The attacker, who was diagnosed with schizophrenia, was sentenced Friday to compulsory psychiatric care.
___
Ritter reported from Garmisch-Partenkirchen, Germany. Jari Tanner in Helsinki contributed to this report.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/06/25/gunman-kills-2-during-oslo-pride-festival-terror-suspected/
| 2022-06-25T15:21:34Z
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Acquisition of pioneering miscanthus product firm continues to build Genera's already strong team
VONORE, Tenn., July 14, 2022 /PRNewswire/ -- Genera Energy Inc. ("Genera"), the largest integrated manufacturer of non-wood agricultural pulp and molded fiber products in North America, is pleased to announce that it has acquired MxG Fiber LLC (MxG) as part of its overall growth strategy. This acquisition allows Genera to incorporate the knowledge and assets of MxG into its efforts to supply sustainable fiber packaging to the rapidly growing U.S. market.
The MxG management team founded Aloterra in 2010 and developed the first and largest commercial scale miscanthus crop operation in North America. The team leveraged a USDA program to plant over 20,000 acres of miscanthus in four Midwest states. Over the last decade, the team developed critical expertise in commercializing sustainable biomass crops, including the establishment, management, harvesting, storage, and processing of several perennial crops.
MxG's research and development efforts led to several commercial product lines based on miscanthus. The team built three manufacturing facilities in the Midwest over the last decade and brought several agricultural fiber products to market, including the first molded fiber products produced from miscanthus.
In connection with the acquisition, Matt Griswold, CEO of MxG, has joined the Genera team as Vice President, focusing on molded fiber product and market development. "I am excited to continue the MxG mission of expanding the use of perennial crops and replacing single use plastics under the Genera name," says Griswold.
"Our acquisition of MxG Fiber accelerates Genera's pursuit of innovative ways to decarbonize our economy using regenerative, sustainable agriculture," said Kelly Tiller, Genera's CEO. "Matt's passion for sustainability, combined with his deep expertise in perennial biomass crop production, product development, and manufacturing, really enhances the Genera team."
Genera operates the largest vertically integrated non-wood agricultural pulp and molded fiber manufacturing facility in North America. The company supplies customers with domestically sourced and manufactured non-wood pulp and molded fiber products made from locally grown fiber crops and agricultural residues.
Genera is a vertically integrated U.S.-based non-wood agricultural pulp and sustainable packaging company. The company is headquartered in Vonore, Tennessee where it operates a vertically integrated non-wood pulp plant and molded fiber manufacturing facility capable of producing 36,000 tons of agricultural pulp annually.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Genera
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https://www.kxii.com/prnewswire/2022/07/14/genera-has-acquired-mxg-fiber-llc/
| 2022-07-14T17:57:33Z
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LONDON, May 16, 2022 /PRNewswire/ -- Through its Guernsey Trust business, Credit Suisse is continuing to refuse to honor the instructions of the former Prime Minister of Georgia, Mr. Bidzina Ivanishvili, in violation of established norms and standards. Details have already been provided on the unfounded delay to a disbursement from the trust on 4th March which was not executed until 4th April, and which is now subject to a legal claim by the beneficiaries.
Further instructions were given on 11th and 14th April and the Trustee has once again delayed disbursement without attributing any proper reasoning or explanations based on arguments. The client has continued to address queries from the Trustee on various occasions, including a response on 29th April; however, the Trustee has set a new "anti-record," violating the terms of the Trust and grossly breaching basic rights of the beneficiaries.
The improper conduct of the Trustee follows the judgement of the Bermuda Supreme Court which found against CS Life, a wholly-owned subsidiary of Credit Suisse, and ordered the payment of more than USD 600 million to the Plaintiffs. In September, a trial is set to take place in a Singapore Court alleging losses of more than USD 800 million as a result of the actions of the Trustees appointed by Credit Suisse.
A spokesperson for Mr. Ivanishvili commented:
"The fact that Credit Suisse's subsidiary in Guernsey has failed to execute the instructions of 11th April suggests an ongoing pattern of behavior by the Bank, which does not serve the interests of the beneficiaries and violates respective standards. Moreover, this leads us to believe that Credit Suisse is seeking to use political pressure as a means to damage Mr. Ivanishvili's reputation and should be qualified as such. Unfortunately, we are no longer surprised by these actions, considering the history of relations of Credit Suisse and the resulting legal proceedings the client is pursuing in various jurisdictions. That said, we find it extraordinary that Credit Suisse is continuing to fail in its duties and disrespect clients when the Bank continues to face so many problems. Once again, this unnecessary delay without any grounds or plausible reasons represents no exception from normal behavior by Credit Suisse and breaching the rights of the client is not the only failure at the Bank".
While Credit Suisse is in a process of a new "anti-record", it should also be said that breaching the rights of the client by Credit Suisse is continuing in the Swiss courts. Due to such involvement by the courts, the obligations by Credit Suisse to repay the client has remained unfulfilled, not for 36 days but for 36 months. A further release will follow on Wednesday to provide detail on how Credit Suisse uses the judiciary to go against established legal norms and banking standards.
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SOURCE CS Victims
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https://www.mysuncoast.com/prnewswire/2022/05/16/cs-victims-new-anti-record-by-credit-suisse-continues-its-campaign-political-pressure/
| 2022-05-16T20:13:21Z
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NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Energy Transfer LP (""Energy Transfer or the "Company") (NYSE: ET). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Energy Transfer and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On August 8, 2019, Energy Transfer filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission, reporting the Partnership's financial and operating results for the second quarter ended June 30, 2019 (the "2Q19 10-Q"). The 2Q19 10-Q disclosed that two years earlier, in mid-2017 Federal Energy Regulatory Commission ("FERC") Enforcement Staff began a non-public formal investigation "regarding allegations that diesel fuel may have been included in the drilling mud at the Tuscarawas River HDD." On this news, Energy Transfer's stock price fell $0.65 per share, or 4.6%, over the following two trading days, to close at $13.38 per share on August 12, 2019. Then, on December 16, 2021, FERC publicly issued to Energy Transfer an Order To Show Cause And Notice of Proposed Penalty, which proposed a $40 million fine for the inadvertent release incident.
On this news, the price of Energy Transfer shares declined $0.24, or 2.8% over the course of two trading days, to close at $8.25 per share on December 20, 2021.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP
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https://www.wibw.com/prnewswire/2022/08/01/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-energy-transfer-lp-et/
| 2022-08-01T19:25:40Z
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NEW YORK, July 20, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Apyx Medical Corporation (NASDAQ: APYX) between May 12, 2021 and March 11, 2022, both dates inclusive (the "Class Period"), of the important August 5, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Apyx securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Apyx class action, go to https://rosenlegal.com/submit-form/?case_id=6835 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, Apyx was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, Apyx's financial results would be adversely impacted; and (5) as a result of the foregoing, defendants' positive statements about Apyx's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Apyx class action, go to https://rosenlegal.com/submit-form/?case_id=6835 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
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https://www.mysuncoast.com/prnewswire/2022/07/20/apyx-loss-alert-rosen-longstanding-law-firm-encourages-apyx-medical-corporation-investors-with-losses-secure-counsel-before-important-august-5-deadline-securities-class-action-apyx/
| 2022-07-20T22:53:54Z
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NASHVILLE, Tenn., July 28, 2022 /PRNewswire/ -- Cryoport, Inc. (Nasdaq: CYRX) ("Cryoport" or the "Company"), a global leader in temperature-controlled supply chain solutions for the life sciences industry, today announced that the Company will report financial results for the three months period ended June 30, 2022 (second quarter 2022) on Thursday, August 4, 2022 after U.S. markets close.
In addition to the earnings release, a document titled "Cryoport Second Quarter 2022 in Review", providing a review of Cryoport's recent financial and operational performance and a general business update, will be issued at 4:05 pm ET on Thursday, August 4, 2022. The document is designed to be read in advance of the questions and answers conference call and will be accessible at http://ir.cryoport.com/events-and-presentations.
Cryoport management will host a conference call the same day at 5:00 pm ET. The conference call will be in the format of a questions and answers session and will address questions members of the investment community have regarding the Company's reported results. A slide deck will accompany the call.
Conference Call Information
The questions and answers call will be recorded and available approximately three hours after completion of the live event in the Investor Relations section of the Company's website at www.cryoport.com for a limited time. To access the replay of the questions and answers click here. A dial-in replay of the call will also be available to those interested, until August 11, 2022. To access the replay, dial 1-877-344-7529 (United States) or 1-412-317-0088 (International) and enter replay pin number: 1018766
Cryoport, Inc. (Nasdaq: CYRX), headquartered in Nashville, TN, is a global leader in temperature-controlled supply chain solutions for the life sciences industry supporting life-saving cell and gene therapies across the clinical and commercial spectrum. With 38 strategic locations covering the Americas, EMEA (Europe, the Middle East and Africa) and APAC (Asia Pacific), Cryoport's global platform provides mission-critical solutions, services, and products to Biopharma, Animal Health, and Reproductive Medicine customers worldwide. In addition to its standard setting supply chain solutions, Cryoport is the world's largest manufacturer of cryogenic systems and one of the largest life science focused specialty couriers.
For more information, visit www.cryoport.com or follow @cryoport on Twitter at www.twitter.com/cryoport for live updates.
Statements in this press release which are not purely historical, including statements regarding the Company's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, those related to the Company's industry, business, plans, strategy, acquisitions, financial results, and financial condition. It is important to note that the Company's actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, risks and uncertainties associated with the effect of changing economic conditions, trends in the products markets, variations in the Company's cash flow, market acceptance risks, and technical development risks. The Company's business could be affected by a number of other factors, including the risk factors discussed in the Company's Securities and Exchange Commission ("SEC") reports including, but not limited to, the Company's Annual Report on Form 10-K for the twelve months ended December 31, 2021 and any subsequent filings with the SEC. The forward-looking statements contained in this press release speak only as of the date hereof and the Company cautions investors not to place undue reliance on these forward-looking statements. Except as required by law, the Company disclaims any obligation, and does not undertake to update or revise any forward-looking statements in this press release.
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SOURCE Cryoport, Inc.
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https://www.kxii.com/prnewswire/2022/07/28/cryoport-report-second-quarter-2022-financial-results-august-4-2022/
| 2022-07-28T13:00:17Z
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Ignite Emporia welcomes new director with vast experience
EMPORIA, Kan. (WIBW) - Ignite Emporia has welcomed a new director with vast experience.
The Emporia Area Chamber of Commerce and Visit Emporia say Tuesday, June 7, staff has welcomed Sherry Harrison as the new Director of Ignite Emporia.
The Chamber said Harrison will continue to implement a 5-year Ignite Emporia strategic plan and its strategies for workforce development, housing development and revitalization, business retention, and community development and marketing.
“Sherry brings a wealth of knowledge to our team, and I am confident you will see her as a valuable addition to our staff,” said Jeanine Mckenna, President and CEO of the Emporia Area Chamber of Commerce. “This is evidence that we are committed to implementing a successful Ignite Emporia plan.”
The Chamber noted that Harrison has vast experience with commercial and residential real estate development, as well as general corporate transactions.
In 2009, the Chamber said she finished an internship under Dr. Beverly Browning, a nationally known grant writer and capacity building expert. Since then, it said she has worked with two large counties to write grant applications, and manage federal grant projects and community development.
“It is an honor to join Ignite Emporia and the Chamber of Commerce family,” Harrison said. “With a commitment to “doing what we say we are going to do,” I look forward to working with the business community to implement the initiatives of the Ignite Emporia Strategic Campaign.”
The Chamber noted that Harrison began her new role on June 2.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/06/07/ignite-emporia-welcomes-new-director-with-vast-experience/
| 2022-06-07T21:34:56Z
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Clinton campaign lawyer rebuts claim he lied to FBI
WASHINGTON (AP) — Defense lawyers for a Hillary Clinton campaign lawyer charged with lying to the FBI during the Trump-Russia probe showed jurors handwritten notes on Wednesday aimed at undercutting allegations that he misled the federal government about his legal work.
Michael Sussmann is on trial in Washington’s federal court, accused of lying to the FBI’s general counsel during a September 2016 meeting when he presented computer data that purported to show a secret communications backchannel between Donald Trump and Russia. The FBI investigated but quickly determined no link existed between the Trump Organization, the former president’s company, and Russia-based Alfa Bank.
Prosecutors allege he misled the FBI by saying that he was not attending the meeting on behalf of a particular client when he was actually representing the interests of the Clinton campaign and another client — a technology executive who had provided him with the data.
Sussmann’s lawyers deny he lied, saying he was coming to the FBI to raise concerns about a potential national security threat.
Prosecutors rested their case on Wednesday.
Defense lawyers called as their first witnesses former senior Justice Department officials who attended a March 6, 2017, meeting at which FBI leaders briefed them on the status of investigations into potential coordination during the 2016 presidential election between Trump’s successful campaign and Russia. Among the topics that came up were the Alfa Bank claims.
One of those ex-officials, Tashina Gauhar, took notes from the meeting in which she wrote that the Alfa Bank allegations were brought to the FBI by an attorney “on behalf of his client.” She said she didn’t recall who at the meeting said that, but said that if she had written that down, then “that’s what I would have heard at the briefing.”
One of Sussmann’s lawyers, Michael Bosworth, sought to persuade jurors about the credibility of Gauhar’s notes by asking, mostly rhetorically: “When senior leaders of the FBI come to brief senior leaders of the Department of Justice, do they try to get it right? Do they try to present truthful accurate information to the Department of Justice?”
Another participant at the March 2017 meeting, Mary McCord, at the time the department’s top national security official, took similar notes about the fact that the Alfa Bank claims came to the FBI from a lawyer.
The notes are seen as an important piece of evidence for the defense because neither Sussmann nor James Baker, the FBI official to whom he is alleged to have made the false statement, took notes during the original September 2016 meeting at which the Alfa Bank data was presented.
Also Wednesday, defense lawyers noted that Sussmann billed the taxi ride to the FBI building for the meeting to his law firm at the time, Perkins Coie, rather than to the Clinton campaign.
Earlier Wednesday, prosecutors showed jurors billing records indicating that Sussmann repeatedly billed to the campaign “general political advice” and legal work related to the Alfa Bank server issue.
Defense lawyers, however, noted that Sussmann billed the taxi ride to the FBI building for the meeting on Alfa Bank to his law firm at the time, Perkins Coie, rather than to the Clinton campaign.
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Follow Eric Tucker on Twitter://www.twitter/com/etuckerAP
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/05/25/jurors-trial-linked-russia-probe-shown-billing-records/
| 2022-05-25T18:17:46Z
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Scattered showers and Gusty winds returning for Tuesday
A couple of Pacific storms will slide in this week.
OVERNIGHT: Increasing clouds to mostly cloudy with lows around 40°, south southwest wind 15 to 25 MPH.
TUESDAY: Scattered rain and snow showers with highs into the lower 50's for the Snake River Plain, southwest wind gusts at 20-35 MPH.
WEDNESDAY: Partly cloudy with highs into the mid 50's and staying windy.
THURSDAY: Chance of rain and snow showers with highs into the upper 50's to the lower 60's.
FRIDAY: Rain and snow throughout the region with highs near 50°, with gusty winds.
SATURDAY: A chance of rain and snow with highs into the lower 50's.
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https://localnews8.com/weather/local-forecast/2022/04/18/scattered-showers-and-gusty-winds-returning-for-tuesday/
| 2022-04-19T00:20:51Z
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Alpha Reports Second Quarter 2022 Financial Results
Published: Aug. 8, 2022 at 6:30 AM CDT|Updated: 1 hour ago
CEO Stetson Announces Planned Transition to Executive Board Chairman at Year End; President and CFO Eidson to Assume CEO Role
Provides details on succession roadmap for Stetson's end of year planned retirement
Reports second quarter net income from continuing operations of $575.4 million
Posts record Adjusted EBITDA of $694.5 million for the second quarter 2022
Eliminates remaining term-loan balance in June, effectively freeing the company of long-term debt
Reports $268 million in buybacks through share repurchase program
Increases quarterly dividend amount to 39.2 cents per share
Adjusts full-year guidance upward for byproduct thermal shipments from the Met segment and SG&A
BRISTOL, Tenn., Aug. 8, 2022 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the second quarter ending June 30, 2022.
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"After meeting our stated goal of paying off the long-term debt, the Alpha team has posted yet another record quarter, with Adjusted EBITDA of nearly $700 million," said David Stetson, Alpha's chair and chief executive officer. "Eliminating the debt was a key goal of mine because I believed it would create a more stable company with the flexibility to weather the inevitable market volatility that this industry experiences. The fact that we were able to pay off the debt in such a short period of time is a testament not only to the strength of the recent coal markets but also to the steadfast resolve and discipline of our team."
Stetson continued: "With these recent accomplishments, Alpha has entered a new and exciting chapter, and I believe the end of this calendar year is the right time to hand over the reins of day-to-day leadership of the company to Andy Eidson. Like most public companies, Alpha's board of directors and executive management routinely engage in succession planning to prepare for and effectively handle leadership transitions. Andy and I have therefore worked together closely for many years. Now, as I prepare for retirement, we will focus on a seamless transition. He is exceedingly well prepared to take on the CEO role, and his vision for the company is an extension of what we have demonstrated the last few years - financial discipline, excellence and reliability in all aspects of our work, and a firm commitment to creating and maintaining shareholder value. It has been my great honor to lead Alpha, and I look forward to continuing my involvement as executive chairman of the board of directors."
Financial Performance
For the second quarter 2022, Alpha reported net income from continuing operations of $575.4 million, or $30.03 per diluted share. The company had net income from continuing operations of $401.0 million or $20.52 per diluted share for the first quarter 2022.
Total Adjusted EBITDA for the second quarter was a record $694.5 million, compared with $503.8 million in the first quarter 2022.
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Our net realized pricing for the Met segment was $286.95 per ton in the second quarter 2022, while net realization in the All Other category was $61.41.
The table below provides a breakdown of our Met segment coal sold in the second quarter by pricing mechanism.
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In the second quarter, Alpha's Met segment cost of coal sales increased to an average of $111.36 per ton as compared to $103.61 per ton in the prior quarter, primarily driven by increased sales related costs from royalties and severance taxes. Cost of coal sales for the All Other category remained flat at $49.90 per ton in the second quarter 2022 against an average cost of $49.89 per ton in the first quarter 2022.
Liquidity and Capital Resources
On June 3, 2022, Alpha made a voluntary prepayment of $99.4 million on its term loan, which eliminated all remaining principal and paid the loan in full.
As previously announced, in connection with Alpha's improved financial position, the company received a reduction of $40.1 million in collateral requirements related to its self-insured workers compensation at certain locations in West Virginia. Additionally, as part of routine surety program review and negotiation, the company received a $16.5 million reduction in surety collateral requirements, while securing multi-year visibility on surety program terms and conditions.
"Thanks to the strength of the metallurgical market in the first half of the year, we fully eliminated our term loan balance, further enhancing our balance sheet," said Andy Eidson, Alpha's president and chief financial officer. "As a result of this good work, we have also received a reduction in collateral requirements and visibility into surety terms and conditions for the coming years. Additionally, Alpha's corporate family rating was recently upgraded due in large part to our discipline in eliminating the debt. These are all positive developments for the company and our many stakeholders."
Cash provided by operating activities in the second quarter significantly increased to $465.9 million as compared to $336.1 million in the first quarter 2022. Cash provided by operating activities includes discontinued operations. Capital expenditures for the second quarter 2022 were $41.9 million compared to $28.1 million for the first quarter of 2022.
As of June 30, 2022, Alpha had $161.7 million in unrestricted cash and $130.9 million in restricted cash, deposits and investments. Total long-term debt, including the current portion of long-term debt as of June 30, 2022, was $4.7 million. At the end of the second quarter, the company had total liquidity of $252.8 million, including cash and cash equivalents of $161.7 million and $91.1 million of unused availability under the ABL. The future available capacity under the ABL is subject to inventory and accounts receivable collateral requirements and the maintenance of certain financial ratios. As of June 30, 2022, the company had no borrowings and $63.9 million in letters of credit outstanding under the ABL.
Dividend Program
On August 4, 2022, Alpha's board declared a quarterly cash dividend payment of $0.392 per share, increased from the prior level of $0.375 per share, which will become payable on October 3, 2022 for holders of record as of September 15, 2022.
Any decision to pay future cash dividends will be made by the board and depend on Alpha's future earnings and financial condition and other relevant factors.
Executive Leadership Succession
Alpha announced today that its chair and chief executive officer, David Stetson, will retire as chief executive officer effective December 31, 2022. Alpha's board of directors has unanimously appointed Mr. Stetson as executive chairman of the board, effective at year end. The board has unanimously appointed president and chief financial officer Andy Eidson to succeed Mr. Stetson as chief executive officer and as a member of the board of directors, effective January 1, 2023 following Mr. Stetson's retirement as CEO at year end.
The board of directors also unanimously approved the following additional leadership changes: Effective August 9, 2022, Alpha's senior vice president and controller, Todd Munsey, will be promoted to executive vice president and chief financial officer. Mr. Eidson's service as chief financial officer will end at the time of Mr. Munsey's appointment, allowing him to focus as president on his transition to the role of chief executive officer. Effective January 1, 2023, current executive vice president and chief operating officer Jason Whitehead will become Alpha's president and chief operating officer.
Lead independent director, Michael Quillen, offered the following statement on Stetson's retirement and Eidson's appointment: "On behalf of the board, we want to thank David Stetson for the exceptional job he has done in leading Alpha. He has guided the executive team in overcoming many hurdles to build the outstanding company that is today announcing yet another record quarter. Having accomplished the goals he set forth when he came on board, David understandably wants to begin transitioning into retirement, and we wish him well in this new phase of life. We are grateful for the opportunity to retain his expertise and vision as executive chairman of the board. Additionally, the board is excited about Andy Eidson's appointment as Alpha's next CEO. He is not only exceptionally capable of building on the firm foundation that David has created, Andy is also bright, well-qualified, and brings a valuable perspective that can help propel Alpha into its next chapter as a more resilient company."
Andy Eidson commented on today's announcement: "I cannot thank David enough for all he has done for Alpha. I can attest to the lasting impact he has made, not only on this company, but also on me, through his leadership and vision. It has been a great honor to be a part of his executive team, and I look forward to continuing the positive momentum he created. I am humbled by the opportunity to serve as Alpha's next chief executive, and, together with the exceptional people in this organization, I will strive toward continuous improvement, safe production each and every day, and further solidifying Alpha's role as the industry leader. I thank the board for the confidence they have shown by offering me this opportunity and I look forward to the path ahead."
Quillen continued: "The board has great confidence in Jason Whitehead as he expands his role to include serving as the company's president, and in Todd Munsey as he takes over the reins as chief financial officer. Both individuals are highly qualified and will continue to serve Alpha well in their new roles. All in all, we believe Alpha continues to be positioned for long-term success with an outstanding, experienced, and industry-leading management team."
Share Repurchase Program
As previously announced, Alpha's board of directors authorized a share repurchase program allowing for the expenditure of up to $600 million for the repurchase of the company's common stock. As of August 5, the company has acquired 1,892,954 shares of common stock at a cost of $268.0 million.
The timing and amount of share repurchases will continue to be determined by the company's management based on its evaluation of market conditions, the trading price of the stock, applicable legal requirements, compliance with the provisions of the company's debt agreements, and other factors.
2022 Full-Year Guidance Adjustments
"As a result of the European energy crisis caused by the Russian war, the thermal coal markets have shown significant volatility and increasing demand in recent months," said Jason Whitehead, executive vice president and chief operating officer. "We fulfilled some customer requests for incremental thermal tonnage in the second quarter, which has pushed our expected total thermal volumes over the established guidance ranges for the year. Therefore, we are adjusting our shipment guidance to accommodate for these unique circumstances. Additionally, as a result of increased incentive compensation due to performance against budgeted metrics, we are increasing our guidance for selling, general and administrative expenses for the year."
Alpha is increasing SG&A guidance to a range of $55 million and $59 million, up from the prior range of $50 million to $54 million.
The company is increasing its shipment guidance for thermal byproduct tonnage within the Met segment to a range of 1.0 million to 1.4 million tons, up from the prior guidance range of 0.8 million tons to 1.2 million tons. This adjustment also slightly increases the total shipments guidance to a range of 15.6 million tons to 17.2 million tons, up from the prior range of 15.4 million to 17.0 million tons.
As of July 22, 2022, Alpha has committed and priced approximately 69% of its metallurgical coal within the Met segment at an average price of $260.69 per ton and 100% of thermal coal in the Met segment at an average expected price of $89.91 per ton. In the All Other category the company is 100% committed and priced at an average price of $83.38 per ton.
Conference Call
The company plans to hold a conference call regarding its second quarter 2022 results on August 8, 2022, at 10:00 a.m. Eastern time. The conference call will be available live on the investor section of the company's website at https://investors.alphametresources.com/investors. Analysts who would like to participate in the conference call should dial 877-407-0832 (domestic toll-free) or 201-689-8433 (international) approximately 15 minutes prior to start time.
About Alpha Metallurgical Resources
Alpha Metallurgical Resources (NYSE: AMR) is a Tennessee-based mining company with operations across Virginia and West Virginia. With customers across the globe, high-quality reserves and significant port capacity, Alpha reliably supplies metallurgical products to the steel industry. For more information, visit www.AlphaMetResources.com.
Forward-Looking Statements
This news release includes forward-looking statements. These forward-looking statements are based on Alpha's expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Alpha's control. Forward-looking statements in this news release or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Alpha to predict these events or how they may affect Alpha. Except as required by law, Alpha has no duty to, and does not intend to, update or revise the forward-looking statements in this news release or elsewhere after the date this release is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this news release may not occur.
The discussion below contains "non-GAAP financial measures." These are financial measures which either exclude or include amounts that are not excluded or included in the most directly comparable measures calculated and presented in accordance with generally accepted accounting principles in the United States ("U.S. GAAP" or "GAAP"). Specifically, we make use of the non-GAAP financial measures "Adjusted EBITDA," "non-GAAP coal revenues," "non-GAAP cost of coal sales," "non-GAAP coal margin," and "Adjusted cost of produced coal sold." We use Adjusted EBITDA to measure the operating performance of our segments and allocate resources to the segments. Adjusted EBITDA does not purport to be an alternative to net income (loss) as a measure of operating performance or any other measure of operating results or liquidity presented in accordance with GAAP. We use non-GAAP coal revenues to present coal revenues generated, excluding freight and handling fulfillment revenues. Non-GAAP coal sales realization per ton for our operations is calculated as non-GAAP coal revenues divided by tons sold. We use non-GAAP cost of coal sales to adjust cost of coal sales to remove freight and handling costs, depreciation, depletion and amortization - production (excluding the depreciation, depletion and amortization related to selling, general and administrative functions), accretion on asset retirement obligations, amortization of acquired intangibles, net, and idled and closed mine costs. Non-GAAP cost of coal sales per ton for our operations is calculated as non-GAAP cost of coal sales divided by tons sold. Non-GAAP coal margin per ton for our coal operations is calculated as non-GAAP coal sales realization per ton for our coal operations less non-GAAP cost of coal sales per ton for our coal operations. We also use Adjusted cost of produced coal sold to distinguish the cost of captive produced coal from the effects of purchased coal. The presentation of these measures should not be considered in isolation, or as a substitute for analysis of our results as reported under GAAP.
Management uses non-GAAP financial measures to supplement GAAP results to provide a more complete understanding of the factors and trends affecting the business than GAAP results alone. The definition of these non-GAAP measures may be changed periodically by management to adjust for significant items important to an understanding of operating trends and to adjust for items that may not reflect the trend of future results by excluding transactions that are not indicative of our core operating performance. Furthermore, analogous measures are used by industry analysts to evaluate the Company's operating performance. Because not all companies use identical calculations, the presentations of these measures may not be comparable to other similarly titled measures of other companies and can differ significantly from company to company depending on long-term strategic decisions regarding capital structure, the tax jurisdictions in which companies operate, and capital investments.
Included below are reconciliations of non-GAAP financial measures to GAAP financial measures.
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Condensed Consolidated Statements of Cash Flows.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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https://www.kxii.com/prnewswire/2022/08/08/alpha-reports-second-quarter-2022-financial-results/
| 2022-08-08T12:34:18Z
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CHANGSHA, China, July 12, 2022 /PRNewswire/ -- This is a video report from China SCIO:
Take a look at Changsha in this video and discover its history, culture, industry, and all the best the beautiful modern city has to offer.
Charming Changsha
http://english.scio.gov.cn/videos/2022-07/12/content_78318712.htm
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SOURCE China SCIO
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https://www.kxii.com/prnewswire/2022/07/12/charming-changsha/
| 2022-07-12T08:05:09Z
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- Qoala raised US$ 65 million in Series B funding led by Eurazeo with participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India. In addition, BRI Ventures, Daiwa PI Partners, Indogen Capital, Mandiri Capital Indonesia and Salt Ventures also joined the investment round as new investors.
- Qoala becomes Southeast Asia's fastest growing and first insurtech company with licenses and presence in Indonesia, Malaysia, and Thailand.
JAKARTA, Indonesia, May 11, 2022 /PRNewswire/ -- Entering 2022, Indonesian insurtech startup Qoala, has successfully raised Series B funding of US$ 65 million. The company distributes retail insurance products to consumers for car, bike, home, and health through its omnichannel platform. Based in Indonesia, the platform has successfully expanded to Thailand and Malaysia in 2021, strengthening Qoala's commitment to make makes insurance accessible, easy to understand, and help consumers better with their claims.
Having grown 30 times since the Series A round in April 2020, Qoala is the fastest growing insurtech in SEA. Qoala has acquired over 50,000 insurance marketers and provides a platform supported by over 50 insurers for them to sell insurance from multiple insurers, while managing pre-sale and post-sale services. It also provides several innovative micro-insurance products through its partnerships with Traveloka, Redbus, DANA, JD.ID, Shopee, Kredivo and Investree among others.
Qoala focuses on "retail insurance" which involves insurance for cars, bikes, homes, and health. "Qoala is the only insurtech with licenses in three markets in SEA and with this new round we are optimistic in sustaining our growth momentum. Our business in Thailand has also already grown by three times since we joined forces with FairDee in February 2021, which gives us confidence in our expansion capability," added Tommy Martin, Co-founder and COO of Qoala.
"Qoala's business model of expanding the use of insurance among underserved consumers in Southeast Asia resonates with our thesis of backing innovation to improve financial health of households," said Smita Aggarwal, Global Investments Advisor at Flourish Ventures. "We are excited about the momentum that Qoala has generated since we last invested in Series A. We at Flourish Ventures are pleased to continue our commitment to Qoala."
Tara Reeves of Eurazeo, a European investment firm who led this round and previously funded WeFox, the largest insurtech in the world also added, "Qoala stands out amongst the insurtech companies due to its diverse team which has been able to deliver rapid growth with promising unit economics despite the pandemic. With regional presence and fast growth forecasted for the region, we are excited to lead this round and join Qoala in its journey."
Qoala sets itself apart through a superior tech stack. This enables them to offer industry-leading speed in policy issuance, instant pricing as well as an industry first - instant commissions to insurance marketers. These innovations not only solve very key issues for insurance marketers and consumers but also allow Qoala to acquire and service consumers at a lower cost, leading to superior unit economics. Global insurers like Sompo, AXA, and Chubb have also joined Qoala's platform due to their focus on retail customers so they can fasten insurance adoption while maintaining healthy loss ratios.
The funding also demonstrates appreciation and trust from both Qoala's existing and new investors to continue its growth in the insurtech sector. "We will continue to invest towards scaling up Qoala's reach in our core markets and focus on enhancing our technology and product experience to greatly reduce the hurdles to accessing insurance that are today still very significant," said Harshet Lunani, Founder and CEO of Qoala.
Furthermore, Qoala aims to add over 250 employees this year focus on building out an engineering and product management hub in Gurugram, India. In parallel, Qoala also plans to grant employees with equity compensation and give them the right to acquire shares in the company to strengthen employee ownership in the company.
"Insurance penetration in Indonesia is currently only 2%, far behind the global average of 6%, with most consumers just beginning to understand the value of insurance and hence there is plenty of room for growth. Indonesia, Thailand, and Malaysia are amongst the top 10 fastest growing global markets for insurance in the next decade," added Harshet.
About Qoala
Qoala is a startup in the field of insurance technology with a mission to socialize insurance through a combination of new product development supported by machine learning-based claim processes. Qoala operates in three countries; Indonesia, Malaysia, and Thailand offering various insurance protections, ranging from health, motor vehicle, property, personal accident, and other needs that can be accessed quickly, easily, and transparently through the Qoala application or website.
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https://www.mysuncoast.com/prnewswire/2022/05/12/qoala-raises-us-65-million-series-b-clocking-30x-business-growth-since-series/
| 2022-05-12T06:37:21Z
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LINCOLN, Neb., May 24, 2022 /PRNewswire/ -- Assurity has been named the 2021 Voluntary Sales Growth Leader in the small carrier category by Eastbridge Consulting Group, becoming the first carrier to receive the honor four years in a row.
Assurity outpaced voluntary sales industrywide with a 19 percent increase in voluntary sales in 2021—following sustained growth of 5 percent during the 2020 pandemic and 66 percent and 54 percent growth rates over the previous two years.
"We are honored to have earned the title of Voluntary Sales Growth Leader from Eastbridge for a fourth consecutive year," said Jack Douglas, Assurity's Vice President of Worksite Sales. "Recent years were not without challenges, but we maintained our momentum by focusing on bringing value to our brokers, their employer clients and our insureds. The most gratifying result of our tremendous growth is the increase in the number of families added to the ranks of those with financial protection from Assurity to help them through life's difficult times. This recognition is a tribute to our dedicated sales team, distribution network and support personnel working together to make each day better than the last. We look forward to continued growth in 2022 and beyond."
Across the industry, voluntary sales totaled nearly $8.3 billion in 2021, according to Eastbridge's U.S. Voluntary/Worksite Sales Report. Each year after the report is published, Eastbridge recognizes companies that exhibited stronger-than-average growth in voluntary sales for the past three years. To be considered for the award this year, a company must have exceeded the overall industry growth rate in 2021 and in 2019, and a positive increase of any amount in 2020. All carriers participating in the survey with a minimum of $10 million in annual sales are eligible for Voluntary Sales Growth Leader recognition.
About Assurity: As a mutual organization, Assurity was founded on the simple concept of people coming together to support each other in moments of need. We help people through difficult times by providing affordable insurance protection that's easy to understand and buy – we're there when our customers need us. We all share in the future we create and we believe in using our business as a force for good.
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SOURCE Assurity
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https://www.mysuncoast.com/prnewswire/2022/05/24/assurity-earns-2021-voluntary-sales-growth-leader-award/
| 2022-05-24T15:49:08Z
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First-ever application of vertical location data through an IoT-enabled connected workers solution
MCLEAN, Va., July 7, 2022 /PRNewswire/ -- NextNav, a leader in next generation GPS, has partnered with VOS Systems to bring vertical location capabilities to its CoRe™ product line through NextNav's Pinnacle service. Together, the two companies will spearhead the first connected worker solution to have vertical location capabilities, providing increased employee safety, improving workplace efficiency, and allowing for faster emergency response to affected workers.
The addition of vertical location services through NextNav enhances VOS Systems' offerings without requiring additional localized or on-premise infrastructure and provides important location intelligence in multistory buildings and locations, even in areas without WiFi or internet access like construction sites. In industries like construction, vertical location capabilities provide information such as what floor a worker is on that can be critical in emergency situations and would otherwise be unavailable with traditional 2D location lone worker safety systems.
VOS Systems empowers businesses with internet of things (IoT) solutions designed to improve employee safety and increase workplace efficiency. Its technology provides location data on lone workers, including construction workers, warehouse employees, and school staff, which is critical in emergency situations and can be used to help businesses make decisions on staffing, safety, and privacy. CoRe™, VOS Systems' all-encompassing platform that connects people, equipment and tools using 5G enabled wearables and sensors designed for construction and other complex environments, will integrate NextNav's Pinnacle service, adding vertical location data for enhanced monitoring of workers.
"At NextNav, we're enhancing location data to the three-dimensional world we live in," said Dan Hight, Vice President of Business Development and Partnerships at NextNav. "By bringing our Pinnacle service to VOS Systems' technology, we're helping businesses understand what floor their workers are on, improving safety and communication. Together, we're setting a path forward for a safer and more efficient workplace for personnel across several industries from construction to education."
"We design our solutions to be ultra-scalable without the need for complicated on-site infrastructure or the need to encroach on people's cellphones. And central to our offering is safety. We understand the immediate need for vertical location to improve lone worker safety," said Omar Ghazzaoui, founder and CEO of VOS Systems. "Many lone workers work in multi-story buildings, and this implementation will allow our customers to have precise vertical location data on their whereabouts in the event of an emergency. This technology will allow us to improve emergency response and, ultimately, save lives."
Source: NN-FIN
About NextNav
NextNav Inc. (Nasdaq: NN) is a leader in next generation GPS, enabling a whole new ecosystem of applications and services that rely upon vertical location and resilient geolocation technology. The company's Pinnacle network delivers highly accurate vertical positioning to transform location services, reflecting the 3D world around us and supporting innovative, new capabilities. NextNav's TerraPoiNT network delivers accurate, reliable, and resilient 3D positioning, navigation and timing (PNT) services to support critical infrastructure and other GPS-reliant systems in the absence or failure of GPS.
For more information, please visit https://nextnav.com/ or follow NextNav on Twitter or LinkedIn.
About VOS Systems
VOS Systems is breaking new ground with revolutionary 5G-enabled solutions to solve industry challenges by improving safety and security, maximizing ROI, reducing losses, and connecting you to what's important. Our flagship platform, CoRe™, enables the real-time flow of data from people, equipment, tools, and assets into one user-friendly platform for reliable insights and data-driven results. We also design, manufacture, and support a variety of ultra-scalable 5g-enabled solutions in partnership with industry experts worldwide. VOS Systems is proud of its commitment to create and manufacture all our hardware and firmware in the USA. The company is privately held with offices in Gainesville, FL and Dallas TX. For more information, please visit http://vosiq.com or follow VOS Systems on LinkedIn.
Contact
NextNav: media@nextnav.com
VOS: Info@vosiq.com; (855) 631-6541
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https://www.wibw.com/prnewswire/2022/07/07/nextnav-vos-systems-partner-bring-vertical-location-technology-worker-safety-jobsite-analytics/
| 2022-07-07T14:10:41Z
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Inflation data aggregator Truflation launches UK index showing housing costs driving British inflation much higher than ONS figures show
LONDON, July 28, 2022 /PRNewswire/ -- Truflation, a FinTech delivering accurate, real-time inflation figures, has launched its UK index showing CPIH inflation running at 13.8%. This is 68.3% higher than the official figure of 8.2% released by the UK's Office for National Statistics (ONS) last week.
CPIH, which is the measure of inflation published by the ONS that includes the rising cost of housing, is officially running at 8.2% in the 12 months to June 2022. However, Truflation's newly launched UK index shows CPIH running at 13.8% in the 12 months to 24 July - nearly two-thirds higher and 6% more in real terms.
The rising cost of privately rented housing is a significant factor in the discrepancy between these two figures. According to the ONS, private rents in the UK grew by 3% in the year to June 2022, while Truflation's more up-to-date figures show growth closer to 10% in the year to 24 July.
Meanwhile, official ONS figures show mortgage interest rates increased by 46 basis points, or by around 30%, between November and May to reach 1.95% – the fastest pace of growth over a six-month period since 2012. However, Truflation's data shows this growth to be closer to 50%: a rate the firm suspects is only being held down by fixed-rate mortgages, many of which will soon expire.
Stefan Rust, founder, and CEO of Truflation, says: "Current inflation measurements around the world are using methodologies that are over a century old. How can we make informed and timely decisions using metrics that pre-date WWI; before the internet, mobile phones, social media, or data analytics?
"We are now waiting each month for outdated data releases while real-time information is all around, ready to be aggregated, processed, and used by businesses, investors, consumers, and even the policymakers should they so choose."
Truflation vs. the CPI
UK inflation is measured using the consumer price index, or CPI, which uses surveys to verify market prices, while CPIH includes the rising cost of housing. In contrast, Truflation's UK metrics are based on robust price information from merchants and aggregators that accurately calculates price differences.
While the official CPI calculates the price of a fixed basket of goods using approximately 180,000 price points of different items that are aggregated over a month-long period, Truflation automatically fetches over 8 million data points and delivers real-time price data on a daily basis. This is powered by live data feeds from the leading decentralized oracle network, Chainlink.
Truflation launched its US index in December 2021. This is currently showing inflation in the United States at 9.86% in the 12 months to 26 July - almost a percentage point higher than the 9.1% the country's Labour Department quoted in its most recent release. This has, however, narrowed from an average discrepancy of around 2% since launch.
By measuring inflation more accurately and in a more timely fashion, Truflation hopes to improve business processes and decision-making for everything from procurement and supply chain optimization to resource planning, marketing, and pricing.
The project is quickly expanding into new markets, is completely customizable, and can be easily scaled and rolled out across different countries, markets, and geographies using the same reliable methodology.
About Truflation
Truflation is an economic data aggregator serving independent, unbiased, real-time data on-chain and off-chain. Truflation's goal is to help individuals, investors, companies, and institutions make more informed decisions by having access to independent and unbiased economic information. Truflation also enables developers to create tools to help people maintain their purchasing power, navigate their portfolios through a challenging macroeconomic landscape, and propel the DeFi space into the new era of an inflation-proof and blockchain-powered economy. Learn more about the project by visiting https://truflation.com/.
Contacts
Truflation
Victoria May
victoria@truflation.com
+44 (0)7528136460
Block3 PR
Rebecca Jones
rebecca@block3.pr
+44 (0) 20 3286 8057
+1 801 430 9565
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SOURCE Truflation
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https://www.kxii.com/prnewswire/2022/07/28/uk-inflation-68-higher-than-official-numbers/
| 2022-07-28T09:55:00Z
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Kerrey is the latest addition to the rapidly growing company transforming how tickets are being sold and distributed
NASHVILLE, Tenn., July 20, 2022 /PRNewswire/ -- Project Admission, a technology company specializing in digital ticketing solutions for the sport and entertainment industries, announced today that the Honorable Bob Kerrey, former Nebraska Senator, U.S. Navy Seal, Medal of Honor recipient, and accomplished business leader, has joined its board of directors.
Currently, Kerrey serves as a Managing Director at Allen & Company.
"I've had the pleasure of knowing Stephen Glicken for the last several decades and have continued to be impressed by his business acumen," says Mr. Kerrey. "When he showed me the transformative power that Project Admission is positioned to have on ticketing and live events, I was thrilled at the opportunity to join the board and help its growth."
Prior to Allen & Company, from 2001 to 2011, Mr. Kerrey was President of The New School, a university founded on democratic ideals and daring educational practices. On his watch, The New School experienced unprecedented growth in enrollment, faculty, scholarships, capital projects, research, and international engagement. From 1989 to 2001, Mr. Kerrey represented Nebraska in the Senate, where he promoted equity for rural communities, led in farm and environmental legislation, strengthened taxpayers' rights, led in restructuring our intelligence agencies, and partnered with local leaders to build projects of lasting value to Nebraskans.
The announcement of Mr. Kerrey joining Project Admission's board comes on the heels of the company's acquisition of SplitSeasonTickets this past June. Earlier this year, Project Admission announced its partnership with Major League Baseball and its Clubs, including the Houston Astros, Tampa Bay Rays, and Cincinnati Reds, while expanding its footprint in professional soccer with a client base that now includes Minnesota United, Austin FC, Portland Timbers, Houston Dynamo, LouCity, Hartford Athletic, and Chicago Red Stars, among others.
In addition to its presence in professional baseball and soccer, Project Admission's platform is being used by other sport and non-sport-related properties, including the NBA, the NFL, The Avett Brothers, One Republic, and Zac Brown.
For more information, please visit ProjectAdmission.com.
Media Contact: Josh Baron: josh@projectadmission.com
With an extensive and flexible platform, Project Admission works directly with the live event industry to provide unique monetizing features and opportunities around the life of the ticket, adding value and simplifying the commercialization of live events. Having closed a recent round of funding, Project Admission's evolving suite of features currently provides clients across the NFL, NBA, MLS and NWSL with promotional tools to assist fans, brands, and influencers to sell tickets from custom branded storefronts. The company's current roster of clients includes the New Orleans Pelicans, Cleveland Cavaliers, Minnesota United FC and Portland Timbers, among others. Other clients from the past several years include the Indianapolis Motor Speedway, The Avett Brothers, One Republic, Zac Brown and Enterprise Rent-a-Car. For more information, visit https://projectadmission.com
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SOURCE Project Admission
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https://www.mysuncoast.com/prnewswire/2022/07/20/senator-bob-kerrey-joins-project-admission-board/
| 2022-07-20T18:26:02Z
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ATLANTA -- America is facing an “epidemic of gun violence,” state Sen. Michelle Au, D-Johns Creek, said Friday at a press conference called by the Democratic Party of Georgia in response to recent mass shootings.
“It keeps happening and sometimes it feels like it never stops,” Au said.
In March of last year, eight people, including six Asian-American women, were killed in an attack on spas in metro Atlanta. Au said the attack “rocked the nation’s Asian-American community to its core.”
Michael Webb’s former wife, Xiaojie Tan, was one of the women killed.
Webb – who said he is a gun owner and not a liberal or even a Democrat – called for “common-sense gun control and gun safety” measures like waiting periods to take possession of a firearm after purchase.
“I feel reasonably confident -- knowing the evidence -- that the mother of my daughter would be alive had there just been a three- or a five-day waiting period,” Webb said. “We have it in other states.”
Webb said he also supports universal background checks and making it more difficult to purchase assault weapons. Assault weapons are “made to kill people – they’re not made for sport,” he said.
Robert Peterson, the youngest son of another woman killed in the attack, Yong Ae Yue, criticized Georgia’s new permit-less carry law, which Gov. Brian Kemp signed last month.
The new law “makes us all less safe,” Peterson said. “It removes the crucial step of needing to pass a background check before being allowed to carry a concealed gun in public.”
Advocates of the permit-less measure contend otherwise.
“Criminals do not care about a carry permit,” state Sen. Jason Anavitarte, R-Dallas, the bill’s chief sponsor, said during a debate on the bill in the Senate during this year’s legislative session.
The new permit-less carry law “makes sure that law-abiding Georgians … can protect themselves without having to ask permission from state government,” Kemp said when he signed the bill in April.
Au, a doctor who also holds a master’s degree in public health, argued that gun violence should be treated as a public health issue that requires layered, multifocal solutions.
“We have to come at it from a lot of different ways because there are a lot of different reasons that people are victims of gun violence, including things like mental health issues, suicide … domestic violence,” she said. “Mass shootings … tend to get the most attention.”
State Rep. Sam Park, D-Lawrenceville, echoed Au’s perspective, saying, “This should not be a partisan issue. This should not be a political issue. This is a public safety issue.”
The frequent mass shootings are the results of policy choices, Park said.
“With good public policies … we can ensure and protect our constitutional rights, but also protect lives,” he said.
Park is running for re-election to the Georgia House this fall.
Au expressed frustration at how Republican leaders in the Georgia General Assembly have prevented discussion of gun law reforms.
Park and Au introduced bills this year that would have required a five-day waiting period after purchasing certain weapons. Au also introduced a bill that would have required universal background checks.
“Not only have the bills not passed and been signed into law, they’ve been blocked to the point that they haven’t even been given the courtesy of being heard in committee,” Au said. “They won't even let us discuss the bills.”
Despite the challenges, Au and Park said they and others would keep advocating for reforms, with plans to introduce bills requiring universal background checks, waiting periods, and safe gun storage during the next session.
Au said such measures are supported by a majority of Georgians.
“We are not going to give up because the environment around gun safety is changing,” she said.
Au now is running for the Georgia House of Representatives. She chose to give up her Senate seat after redistricting made it much more favorable to the GOP.
“With each successive tragedy … people are going to demand that our leaders start to at least have this conversation in public about passing, or at least discussing, common-sense gun safety legislation,” said Au, who has emerged as a leading Democratic voice on this issue in the past few years.
In response to the school shooting in Uvalde, Texas on Tuesday, Kemp noted that Georgia has sponsored school safety trainings and threat assessments. He also highlighted funding for school mental health programs in Georgia, including $6 million allotted for a student mental health initiative.
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https://www.albanyherald.com/news/georgia-asian-american-lawmakers-call-for-gun-reforms/article_1a0bfd20-de27-11ec-98f8-8f2af3bb19eb.html
| 2022-05-28T14:18:21Z
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NEW YORK, June 16, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Spero Therapeutics, Inc. ("Spero" or the "Company") (NASDAQ: SPRO) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Spero investors who were adversely affected by alleged securities fraud between October 28, 2021 and May 2, 2022. Follow the link below to get more information and be contacted by a member of our team:
SPRO investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the data submitted in support of the New Drug Application ("NDA") for the Company's product candidate, Tebipenem HBr, were insufficient to obtain approval from the U.S. Food and Drug Administration ("FDA"); (ii) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (iii) the foregoing would necessitate a significant workforce reduction and restructuring of Spero's operations; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Spero during the relevant time frame, you have until July 25, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP
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https://www.wibw.com/prnewswire/2022/06/16/spro-lawsuit-alert-levi-amp-korsinsky-notifies-spero-therapeutics-inc-investors-class-action-lawsuit-upcoming-deadline/
| 2022-06-16T11:15:37Z
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Limited-Edition Earbuds and Headphones Reveal Carbon Impact To Reinforce Brand's Commitment to Transparent, Sustainable Practices
PARK CITY, Utah , Aug. 9, 2022 /PRNewswire/ -- Skullcandy, the #1 selling brand in Stereo Headphones1 and True Wireless Earbuds2 under $100, announced today its limited-edition Transparency Series, designed to create visibility around environmental impact, while progressing an overarching commitment to carbon reduction. The series is available exclusively at Skullcandy.com with a portion of proceeds helping fund the critical climate advocacy of Protect Our Winters.
Skullcandy has partnered with EcoChain to assess, minimize and publish associated carbon emissions, setting the bar for future carbon reduction. A partnership with TerraPass has enabled Skullcandy to invest in certified carbon-capture programs to offset impacts, resulting in a net-zero footprint for products in the Transparency Series.
"From materials and manufacturing to packaging, shipping and infrastructure, everything produced or consumed has an adverse effect on the environment," said Nelson Fortier, Senior Director of Brand and Product Marketing, Skullcandy. "The Transparency Series serves as a platform to educate and empower our consumers, while raising awareness for environmental responsibility. By divulging our products' impact, Skullcandy is raising the bar for accountability as we work to decrease our impact with each new product."
Insights from Skullcandy's partnership with EcoChain have not only enabled the brand to better understand the carbon footprint of the Transparency Series but its entire brand portfolio. In addition to helping Skullcandy set accountability benchmarks and direct eco-friendly product improvements, EcoChain's analysis is helping inform a new generation of eco-conscious products slated for 2023.
Like all Skullcandy products, the Transparency Series comes in 100% recyclable packaging. Tech specs tied to each product include:
Limited-Edition Skullcandy Transparency Series Hesh Evo Wireless Headphones – $114.99 MSRP
- Net-Zero Carbon Footprint
- Up to 36 Hours of Battery + Rapid Charge
- Built-in Tile™ Finding Technology
- Call, Track & Volume Control
Limited-Edition Skullcandy Transparency Series Jib True 2 Wireless Earbuds – $49.99 MSRP
- Net-Zero Carbon Footprint
- 33 Hours Total Battery
- Built-In Tile™ Finding Technology
- IPX4 Water Resistant
- Call, Track & Volume Control
Skullcandy also recently unveiled its limited-edition Take A Hike collection, which also gives back to Protect Our Winters. Featuring Dime 2 ($39.99 MSRP) true wireless earbuds and Riff Wireless 2 headphones (available Fall 2022), Take A Hike products pay homage to the outdoors, complete with a topographic design and retro colorway. Dime 2's compact design and small, 12-hour battery equate to less waste and a smaller carbon footprint.
Protect Our Winters exists to help passionate outdoor people protect the places they live and lifestyles they love from climate change. The nonprofit is made up of athletes, scientists, creatives and business leaders dedicated to advancing non-partisan policies that preserve the world for future generations.
Alongside continuous improvements to products to decrease carbon footprint, Skullcandy has a variety of notable sustainability initiatives in motion:
- 1,000,000 Pound Pledge - Promise to keep 1,000,000 pounds of e-waste from landfills by 2025
- Upcycling Program - Upcycles returned products from retailers to enable an extended product life with a portion of proceeds benefiting Protect Our Winters.
- 100% Recyclable Packaging
- Recycling Program - Empowers customers to do their part by sending in any brand's old headphones or earbuds for proper recycling
- Carbon Checkout Program - Allows Skullcandy.com customers to round up their purchase, making their order carbon neutral
- Product Lifecycle Analysis - Leverages carbon footprint insights from EcoChain to inform future manufacturing and design decisions
- Lean, Green Manufacturing Process - Reduces labor, materials, energy usage and waste to ensure Skullcandy production has the least environmental impact possible
For more information on Skullcandy's sustainable efforts visit Skullcandy.com or follow the brand on Instagram, TikTok, YouTube, Twitter and Facebook.
1. The NPD Group, Inc., U.S. Weekly Retail Tracking Service; Average Sales Price Under $100; Jan. 3, 2021 - Jan. 1, 2022 combined.
2.The NPD Group, Inc., U.S. Weekly Retail Tracking Service; Band Type: No Wire/No Band; Average Sales Price Under $100; Jan. 3, 2021 - Jan. 1, 2022, combined.
About Skullcandy®
Skullcandy is the original lifestyle audio brand, born in 2003 on a chairlift in Park City, Utah. Fast forward to today where Skullcandy is on a mission "to unleash the visceral power of music for all." Skullcandy headphones and earbuds are created, tuned and tested to deliver music you can feel, specially engineered to provide a deeper, more immersive listening experience. The brand features The Workshop, home of custom, limited-edition audio products designed by artists and partners and hand-printed using state-of-the-art digital technology and a personal touch. Skullcandy supports charitable causes through its Music With A Mission program where dedicated campaigns and a portion of proceeds from limited-edition product sales help make an impact. Skullcandy designs, markets and distributes its audio products through a variety of distribution channels globally. The company's website can be found at www.Skullcandy.com.
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SOURCE Skullcandy
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https://www.kxii.com/prnewswire/2022/08/09/skullcandy-transparency-series-achieves-net-zero-carbon-footprint/
| 2022-08-09T13:04:50Z
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ClearMR specification and logo program provide consumers with a true quality metric for grading motion blur performance for LCD and OLED panels, TVs, desktop monitors and embedded displays
BEAVERTON, Ore., Aug. 22, 2022 /PRNewswire/ -- The Video Electronics Standards Association (VESA®) today introduced the ClearMR Compliance Test Specification (ClearMR), an industry standard and logo program that provides a new quality metric for grading motion blur in digital displays. ClearMR is applicable to both LCD and emissive display products, including display panels, TVs, monitors, and computers with embedded displays, such as all-in-ones, laptops, notebooks and tablets. The new metric Clear Motion Ratio (CMR), as defined in the ClearMR standard, provides a clear numerical value based on the ratio of clear pixels to blurry pixels, which enables consumers to easily compare the amount of motion blur between VESA Certified ClearMR displays. CMR replaces Motion Picture Response Time (MPRT) and other methods of blur characterization since these other metrics do not accurately reflect the true nature of blur.
"With ClearMR, VESA is providing the electronics industry with an open standard that gives consumers the confidence in knowing that they are purchasing a TV, notebook or monitor that meets the most well-defined set of blur criteria," said Dale Stolitzka, senior principal researcher at Samsung Display's America R&D Lab and lead contributor to ClearMR. "Backing VESA's ClearMR standard with a logo program will enable buyers to feel confident that they're getting a display with the clearest depiction of action for the utmost in viewing pleasure."
ClearMR Provides True Quality Metric for Motion Clarity
Current methods, such as MPRT, fail to reflect the true nature of blur because a solely time-based metric cannot account for a number of image enhancement and blur mitigation techniques, such as excessive overshoot and undershoot, which can create artifacts and distortions that negatively impact image quality. VESA's ClearMR standard and logo program limits the use of these enhancement techniques during testing—enabling consumers to make a fair comparison of motion blur quality across VESA Certified ClearMR display products.
The VESA Certified ClearMR logo features multiple performance tiers—from ClearMR 3000 up to ClearMR 9000—where each represents a range of blur performance based on the ratio of clear pixels versus blurry pixels as a percentage. ClearMR 7000, for example, is defined as a CMR range of 65-75 times (6500 to 7500 percent) more clear pixels than blurry pixels. Each tier provides a visually distinguishable change in clarity, with higher CMR numbers indicating higher image quality and less blur. Only displays that pass all ClearMR compliance tests can qualify for the VESA Certified ClearMR logo.
"Samsung Display has no doubt that consumers will have a much easier time in selecting their TVs, monitors and laptop displays now that the display industry has coalesced around a more exacting quantification of motion blur," stated Hojung Lee, vice president and head of Mobile Display Product Planning Team at Samsung Display. "We applaud VESA's global standardization of the Clear Motion Ratio metric in ClearMR, a specification for blur-free viewing that we fully support, and to which we have already certified our newest OLED display."
According to Seok-ho Jang, vice president and head of the IT development division of LG Electronics (LG), "We believe that with VESA launching its ClearMR standard in the rapidly growing gaming market, we can expect to see even greater innovation in the gaming monitor categories. We are proud that the LG UltraGear™ brand will be involved from the very beginning with the acclaimed LG UltraGear™ 48GQ900, 32GQ850 and 27GP850 models, the first monitors to receive certification in the VESA Certified ClearMR logo program through a VESA authorized test center. LG will continue to collaborate with VESA to ensure that our monitors not only meet the high standards demanded by VESA's performance tests, but are also well equipped to satisfy the expectations and diverse needs of today's consumers."
Testing Details for ClearMR Standard
Products undergoing ClearMR certification are tested using a digital high-speed camera, which takes pictures of a test pattern moving across the screen as it changes from one frame to the next. A luminance measuring device, such as a colorimeter, is used to verify pattern luminance. The pictures are compiled into a profile and analyzed to provide a repeatable and objective CMR value.
Products are tested at ambient room temperature in their default power-up configuration and native-screen resolution at maximum frame rate after a warm-up period. Backlight strobing is disabled during testing in order to establish a level playing field and prevent unfair comparisons with products that do not utilize those blur reduction methods. Limits are also placed on overshoot and undershoot during product testing so that the overall visual performance is not compromised in an effort to reach a specific numerical target.
ClearMR tests work independently of the panel technology in display products, and thus can be used on any display technology, including LCD and OLED, for any display, monitor or product with an embedded display. Display vendors wishing to participate in the VESA Certified ClearMR logo program can send their products for testing at any of VESA's approved Authorized Test Centers (ATCs).
More Developments Ahead
The ClearMR specification and logo program can be used with high dynamic range (HDR) products; however, the current version of the specification requires products to be tested in standard dynamic range (SDR) mode for certification. VESA is currently working on an update to ClearMR that will enable testing in HDR mode, which will be released in the future.
For More Information
More information on the ClearMR specification and VESA Certified ClearMR logo program can be found at www.ClearMR.org.
About VESA
The Video Electronics Standards Association (VESA) is an international, non-profit standards association representing a global network of more than 300 hardware, software, computer, display and component manufacturers committed to developing and promoting the electronics industry. For more than 30 years, VESA has created and supported simple, universal and cross-product solutions for today's video and electronics industry. The association's standards include DisplayPort™, the industry replacement for DVI, LVDS and VGA. DisplayPort utilizes a state-of-the-art digital protocol and provides an expandable foundation to enable astonishing digital display experiences. For more information on VESA, please visit http://www.vesa.org/.
VESA® is a registered trademark and DisplayPort™ is a trademark of VESA. All other trademarks, service marks, registered trademarks, and registered service marks are the property of their respective owners.
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SOURCE Video Electronics Standards Association (VESA)
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https://www.wibw.com/prnewswire/2022/08/22/vesa-brings-clarity-motion-blur-digital-displays-with-new-compliance-test-specification-logo-program/
| 2022-08-22T16:18:08Z
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JOHANNESBURG (AP) — A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the largest such gemstone found in 300 years.
Called the “Lulo Rose,” the diamond was found at the Lulo alluvial diamond mine, the mine’s owner, the Lucapa Diamond Company, announced Wednesday on its website.
The Lulo mine has already produced the two largest diamonds ever found in Angola, including a 404-carat clear diamond.
The pink gemstone is the fifth largest diamond found at the mine, where 27 diamonds of 100 carats or more have been found, according to Lucapa, which is based in Australia.
The pink diamond will be sold by international tender by the Angolan state diamond marketing company, Sodiam. Angola’s mines make it one of the world’s top 10 producers of diamonds.
“This record and spectacular pink diamond recovered from Lulo continues to showcase Angola as an important player on the world stage for diamond mining and demonstrates the potential and rewards for commitment and investment in our growing diamond mining industry,” Diamantino Azevedo, Angola’s Minister of Mineral Resources, Petroleum and Gas said, according to the Lucapa website.
The pink diamond is an impressive size but many clear diamonds are larger than 1,000 carats. The Cullinan diamond found in South Africa in 1905 tips the scales at 3,106 carats, and it’s in the British Sovereign’s Scepter.
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https://cw33.com/news/170-carat-pink-diamond-found-in-angola-may-be-largest-in-300-years/
| 2022-07-27T15:21:57Z
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WHITE PLAINS, N.Y., June 29, 2022 /PRNewswire/ -- Ivy Rehab for Kids, a national leader in outpatient pediatric physical, speech, occupational, and ABA services, adds one clinic in South Barrington, IL to its expanding footprint through its latest partnership with Elgin Pediatric Therapy.
"We are delighted to partner with Rebecca Sheade and Elgin Pediatric Therapy. She has demonstrated a proven record of extraordinary care for families and children in Chicagoland," said Jeremy VanDevender, Ivy Rehab's Chief Revenue Officer. "As Ivy Rehab continues expanding our pediatrics service line, we seek partners that match our drive to provide best-in-class experiences and top-quality care. We couldn't be more excited to welcome the Elgin team and look forward to continuing to grow together for years to come."
In 2011, Rebecca Sheade opened Elgin Pediatric Therapy with the goal of creating a multi-disciplinary clinic offering complementary therapies to provide comprehensive, exceptional care to children and families. In addition to outpatient pediatric physical, speech, and occupational therapy, the practice also offers serial casting and feeding therapy.
"I built Elgin Pediatric Therapy to provide a place of hope and community for families and children from all walks of life," said Rebecca Sheade, Founder of Elgin Pediatric Therapy. "We are proud to be able to join with such a like-minded partner as Ivy Rehab to come alongside us to continue to offer the supportive and healing environment that our families have come to rely upon."
About Ivy Rehab
Founded in 2003, Ivy Rehab is a rapidly growing network of best-in-class outpatient physical, occupational, speech therapy, and ABA clinics throughout the United States. The Ivy Rehab Network is comprised of multiple brands dedicated to providing exceptional care, personalized treatment, and unparalleled outcomes. With the support of leading middle-market private equity firm Waud Capital Partners, Ivy Rehab will continue its strategic growth via the ongoing investment in new partners who embrace a shared mission, vision, and values, and a culture of being "All About the People."
Contact Information:
Ivy Rehab Network
Jeremy VanDevender
jvandevender@ivyrehab.com
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SOURCE Ivy Rehab Network
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https://www.kxii.com/prnewswire/2022/06/29/ivy-rehab-expands-illinois-through-partnership-with-elgin-pediatric-therapy/
| 2022-06-29T16:54:59Z
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NEW YORK, July 11, 2022 /PRNewswire/ -- Attention Verrica Pharmaceuticals, Inc. ("Verrica") (NASDAQ: VRCA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 28, 2021 and May 24, 2022.
If you suffered a loss on your investment in Verrica, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/verrica-pharmaceuticals-inc-loss-submission-form?prid=29661&wire=4
ABOUT THE ACTION: The class action against Verrica includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing deficiencies at the facility where Verrica's contract manufacturer produced a bulk solution for the Company's lead product candidate, VP-102; (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application for VP-12 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: August 5, 2022
Aggrieved Verrica investors only have until August 5, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong
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https://www.wibw.com/prnewswire/2022/07/11/class-action-alert-law-offices-vincent-wong-remind-verrica-investors-lead-plaintiff-deadline-august-5-2022/
| 2022-07-11T11:32:46Z
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SAN DIEGO, Aug. 11, 2022 /PRNewswire/ -- Viracta Therapeutics, Inc. (Nasdaq: VIRX), a precision oncology company targeting virus-associated malignancies, today announced the appointment of Jane Chung, R.Ph., as an independent member to its Board of Directors.
"Ms. Chung's unique combination of commercial and executive experience in oncology make her an ideal fit for Viracta's Board," said Roger J. Pomerantz, M.D., F.A.C.P., Chairman of the Board of Directors of Viracta. "She has an impressive record of building and leading teams supporting multi-billion-dollar oncology franchises, as well as a firm understanding of how to optimize drug launches. We expect her expertise to be invaluable as we position Viracta for the next stage of its evolution through the advancement of our pivotal NAVAL-1 study in Epstein-Barr virus-positive lymphoma, and Phase 1b/2 trial in advanced EBV+ solid tumors. It is my pleasure to welcome her to the Board and I am eager to begin working together."
Ms. Chung added, "Joining Viracta's Board provides an exciting opportunity. The company's lead candidate, Nana-val, has produced strong Phase 1b/2 data in EBV-positive lymphoma and has a novel mechanism of action that confers broad therapeutic and commercial potential. Both of its clinical trials are moving towards key updates expected later this year and the team leading these efforts has the requisite experience and expertise to succeed. I look forward to offering my guidance to company management as they execute on their strategic objectives."
Ms. Chung joins Viracta's Board with over 20 years of commercial leadership experience in the pharmaceutical and biotechnology industry, focused mostly on innovative oncology medicines and broadly across executive management, franchise leadership, marketing, sales, operations, and market access functions. She is currently the Chief Commercial Officer at Sutro Biopharma, where she has been responsible for building and leading global commercialization since August 2021. From May 2015 to August 2021, Ms. Chung served in several leadership roles at AstraZeneca Pharmaceuticals, including as President and General Manager of AstraZeneca Canada, Vice President of Sales and Marketing of U.S. lmmuno-Oncology, and Senior Commercial Business Director. Prior to that, from May 2013 to May 2015, Ms. Chung served as a Regional Sales Director and Director of Sales Productivity and Effectiveness for Onyx Pharmaceuticals Inc. From October 2003 to May 2013, she served in various commercial roles for Genentech, Inc., including as Commercial Operations Manager, Division Manager and Senior Marketing Manager.
Prior to joining industry, Ms. Chung worked as an Oncology Pharmacist at Mount Sinai Hospital and a Clinical Pharmacist at NY Presbyterian Weill Cornell Hospital in New York City. Ms. Chung also serves on non-profit boards in the science, education, and community development arenas. Ms. Chung received a B.S. in Pharmacy from St. John's University and a B.A. in Psychology from Columbia University.
About Nana-val (Nanatinostat and Valganciclovir)
Nanatinostat is an orally available histone deacetylase (HDAC) inhibitor being developed by Viracta. Nanatinostat is selective for specific isoforms of Class I HDACs, which is key to inducing viral genes that are epigenetically silenced in Epstein-Barr virus (EBV)-associated malignancies. Nanatinostat is currently being investigated in combination with the antiviral agent valganciclovir as an all-oral combination therapy, Nana-val, in various subtypes of EBV-associated malignancies. Ongoing trials include a pivotal, global, multicenter, open-label Phase 2 basket trial in multiple subtypes of relapsed/refractory EBV+ lymphoma (NAVAL-1) as well as a multinational Phase 1b/2 trial in patients with EBV+ recurrent or metastatic nasopharyngeal carcinoma and other EBV+ solid tumors.
About Viracta Therapeutics, Inc.
Viracta is a precision oncology company targeting virus-associated malignancies. Viracta's lead product candidate is an all-oral combination therapy of its proprietary investigational drug, nanatinostat, and the antiviral agent valganciclovir (collectively referred to as Nana-val). Nana-val is currently being evaluated in multiple ongoing clinical trials, including a pivotal, global, multicenter, open-label Phase 2 basket trial for the treatment of multiple subtypes of relapsed/refractory Epstein-Barr virus-positive (EBV+) lymphoma (NAVAL-1), as well as a multinational Phase 1b/2 trial for the treatment of EBV+ recurrent or metastatic nasopharyngeal carcinoma and other EBV+ solid tumors. Viracta is also pursuing the application of its inducible synthetic lethality approach in other virus-related cancers.
For additional information please visit www.viracta.com.
Forward-Looking Statements
This communication contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding: the details, timeline and expected progress for Viracta's ongoing trials and updates regarding the same; and other statements that are not historical facts. Risks and uncertainties related to Viracta that may cause actual results to differ materially from those expressed or implied in any forward-looking statement include, but are not limited to: Viracta's ability to successfully enroll patients in and complete its ongoing and planned clinical trials; Viracta's plans to develop and commercialize its product candidates, including all oral combinations of nanatinostat and valganciclovir; the timing of initiation of Viracta's planned clinical trials; the timing of the availability of data from Viracta's clinical trials; previous preclinical and clinical results may not be predictive of future clinical results; the timing of any planned investigational new drug application or new drug application; Viracta's plans to research, develop and commercialize its current and future product candidates; the clinical utility, potential benefits and market acceptance of Viracta's product candidates; Viracta's ability to manufacture or supplying nanatinostat, valganciclovir and pembrolizumab for clinical testing; Viracta's ability to identify additional products or product candidates with significant commercial potential; developments and projections relating to Viracta's competitors and its industry; the impact of government laws and regulations; Viracta's ability to protect its intellectual property position; and Viracta's estimates regarding future expenses, capital requirements and need for additional financing in the future.
These risks and uncertainties may be amplified by the COVID-19 pandemic, which has caused significant economic uncertainty. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption "Risk Factors" and elsewhere in Viracta's reports and other documents that Viracta has filed, or will file, with the SEC from time to time and available at www.sec.gov.
The forward-looking statements included in this communication are made only as of the date hereof. Viracta assumes no obligation and does not intend to update these forward-looking statements, except as required by law or applicable regulation.
Investor Relations Contact:
Ashleigh Barreto
Head of Investor Relations & Corporate Communications
Viracta Therapeutics, Inc.
abarreto@viracta.com
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https://www.mysuncoast.com/prnewswire/2022/08/11/viracta-therapeutics-appoints-jane-chung-rph-its-board-directors/
| 2022-08-11T14:30:58Z
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Which clothes steamer is best?
Clothes steamers, occasionally known as garment or fabric steamers, remove wrinkles in all kinds of fabric. Unlike irons, you don’t need an ironing board to use them, and they’re excellent for removing wrinkles from drapes, curtains and other hard-to-reach materials. Many people also find that they work quicker than irons too.
The best clothes steamer is the Jiffy Steamer J-2000 Garment Steamer. It has a big water tank, which is enough to steam for up to an hour and a half.
What to know before you buy a clothes steamer
Clothes steamer types
There are three types of clothes steamers.
- Standing steamers, also known as uprights, have large tanks that stay on the floor while you use a pole to steam clothes. The steam head hangs in a hook when it’s not in use. They are effective and efficient, but they are hard to store and quite expensive.
- Hand-held steamers are small enough to hold in your hand. They’re good for steaming your next outfit or cleaning the occasional drape, but they don’t have the tank capacities for much else.
- Travel steamers are especially small, and they can fit comfortably in your luggage. You can also take standard hand-held steamers on the road, but they tend to be a bit too bulky.
Temperature
Clothes steamers heat up to different temperatures. The higher temperatures clean and remove wrinkles more quickly but are likely to damage your fabric. Better steamers have temperature control, allowing you to adjust the heat to the fabric you’re steaming. Those without controls can also decrease the temperature applied by pulling the steam head farther away.
What to look for in a quality clothes steamer
Tank size
Standing and hand-held clothes steamers have different tank sizes.
- Standing steamers typically have tanks that range in size from 40 to 90 ounces, and they can run for 45 to 90 minutes.
- Hand-held steamers typically hold a maximum of 10 ounces and can run for no more than 20 minutes.
Heating time
Clothes steamers need some time to get hot enough to produce continual steam. The best hand-held steamers only take 30 to 60 seconds, while the best standing steamers need one to two minutes. Poor steamers can take much longer to heat up.
Continuous steam
When you have a standing steamer, you want continuous steam, which allows you to steam large quantities of fabric. The best steamers have continuous steam modes and don’t require you to hold down a button to let the steam out.
How much you can expect to spend on a clothes steamer
Depending on the type, clothes steamers cost between $20-$200. Travel and hand-held steamers are the most affordable and rarely cost more than $75. Standing steamers typically cost between $50-$200.
Clothes steamer FAQ
How do I maintain a clothes steamer?
A. Like irons, clothes steamers suffer from limescale buildup over time. This only worsens if you use hard water to steam your clothes. To clean the tank, fill it with some distilled white vinegar, heat it up as normal and steam it out into your sink. Then, fill it back up with water, and repeat the process to rinse out the vinegar.
Do I need to press down on the clothes I’m steaming?
A. No. You can remove wrinkles from most fabrics by lightly touching the steam head to the fabric. In fact, some of the more delicate fabrics, such as velvet and silk, can become damaged with too much heat. Make sure you hold the steam head a little further away when you steam these delicate fabrics.
Are there clothes steamer accessories I should have?
A. Some clothes steamers come with accessories, such as alternative steam heads or lint rollers. If your clothes steamer doesn’t include any accessories, you can purchase them later. Just double-check that they are compatible with your steamer first.
What’s the best clothes steamer to buy?
Top clothes steamer
Jiffy Steamer J-2000 Garment Steamer
What you need to know: It has a huge water capacity and plenty of helpful features to make steaming a breeze.
What you’ll love: The tank holds up to 2.84 liters and steams for up to 90 minutes. Water will be hot in as little as two minutes, and steam comes out of the 6-inch wide head. You can select between a plastic or metal steam head too.
What you should consider: It’s expensive, and some consumers experienced an issue with the tank cap, which prevented water from leaving the tank.
Where to buy: Sold by Amazon
Top clothes steamer for the money
Conair Turbo Extreme Steam Hand-held Fabric Steamer
What you need to know: This hand-held steamer is perfect for minor steaming tasks.
What you’ll love: The head has a built-in creaser and a three-in-one attachment that pulls clothes tight, brushes clothes and protects delicate clothes. It can heat its water tank in as little as 40 seconds, and the base of the steamer holds the entire device upright.
What you should consider: You can use it for traveling, but it is bulky and may be difficult to pack. It can only steam for up to 20 minutes on a full tank.
Where to buy: Sold by Amazon and Home Depot
Worth checking out
PurSteam Full Size Steamer for Clothes
What you need to know: This effective steamer is a high-quality standing model for a great price.
What you’ll love: It has a 900-watt heating element that can ready the steamer in as little as a minute. Plus, it has four levels of steam to handle any fabric. The removable tank is easy to empty and refill, and the unit has a money-back guarantee.
What you should consider: Some purchasers had issues with the cord and said it was too short. Others felt the plastic construction wasn’t as durable as it could be.
Where to buy: Sold by Amazon
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Jordan C. Woika 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/br/home-br/laundering-fabric-care-br/best-clothes-steamer/
| 2022-04-20T16:21:02Z
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(Green Car Reports) — The EV startup Arrival is dropping plans for an Uber electric car and electric buses to refocus on electric vans, the Financial Times reported.
The project to build a dedicated EV specifically for Uber’s ride-sharing service could be revived if sales of Arrival’s electric van start generating revenue, according to the report.
U.K.-based Arrival announced a business reorganization on July 12 but said that specific details wouldn’t be provided until its next financial update on August 11.
Uber revealed the car project in October 2021—in what appeared to be a well-thought-out early prototype form. Simply put, it was an inexpensive EV for Uber use, aiming for a 2023 market launch.
With the project, Arrival had said that it and Uber would “explore a strategic relationship in key markets,” including the United States, the U.K., and the E.U.
Meanwhile, a planned U.S. factory in South Carolina was supposed to focus on electric buses—which begs some questions about U.S. plans for the company. Arrival plans to use a “micro-factory” concept, based around smaller facilities tailored to regional needs, along with a localized supply chain and use of local labor pools to minimize emissions and create a regional economic boost.
California is aiming to mandate electric vehicles for ride-hailing by 2030. So it’s looking less likely that Arrival’s EV will be one of the shapes of that shift.
That just leaves Arrival’s electric van, which is slated to be manufactured at a U.K. facility. UPS has invested in Arrival—and in 2020 it ordered 10,000 of the stylish delivery vans.
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https://cw33.com/automotive/arrival-is-dropping-uber-car-project-electric-bus-plans/
| 2022-08-09T17:57:35Z
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-- 100% ORR at both dose levels; deep and durable responses observed in patients with poor prognostic factors --
-- 22 of 31 (71%) evaluable patients reached CR/sCR --
-- 13 of 16 patients (81%) dosed more than 12 months ago reached CR/sCR; 8 (50%) with EMD; 9 (56%) remain in ongoing response with a median follow up of 17.7 months --
-- No cases of Grade ≥3 CRS and no delayed neurotoxicity or parkinsonian-like events observed at RP2D (n=25) --
-- Phase 2 pivotal study on track to initiate by YE 2022 --
-- Management to host live webcast event on Sunday, June 5, 2022, at 7:00 p.m. CDT to discuss new positive CART-ddBCMA data with a panel of clinician experts --
FOSTER CITY, Calif., June 3, 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 new positive clinical data from the ongoing Phase 1 expansion study of its novel, autologous, CART-ddBCMA therapy for the treatment of patients with relapsed or refractory multiple myeloma. The clinical results are being presented during an oral presentation at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting.
Evaluable for efficacy and safety analysis were 31 patients, based on follow-up of at least one month, following treatment. These evaluable patients comprised the dose escalation cohorts for the first dose level (100 million CAR+ T cells, n=6), the second dose level (300 million CAR+T cells, n=6), and a dose expansion cohort at the recommended Phase 2 dose (RP2D) of 100 million CAR+T cells (n=19). All patients enrolled in the study have poor prognostic factors with 21 of 31 (68%) patients penta-refractory, 12 of 31 (39%) extramedullary disease (EMD), and all 31 patients having had at least three prior treatments.
The interim CART-ddBCMA clinical results (May 3, 2022 cutoff date) demonstrate deep and durable responses in patients with poor prognostic factors.
- Of the 31 evaluable patients with median follow-up of 12.1 months
- 13 of 16 patients (81%) dosed more than 12 months ago reached CR/sCR; 8 (50%) with EMD; 9 (56%) remain in ongoing response with a median follow up of 17.7 months
- Conversions to sCR have occurred as early as 1 month and also at ≥12 months
- CART-ddBCMA dosed at RP2D (100 million CAR+T cells) continues to be well-tolerated
Matthew J. Frigault, M.D., CART-ddBCMA study investigator and Assistant Director of the Cellular Therapy Service at Mass General Cancer Center and Instructor at Harvard Medical School said, "The demand for clinically meaningful and safe CAR-T therapies outweighs what's currently available to multiple myeloma patients. It is encouraging to see these data continue to demonstrate deep responses and provide a benefit to patients. I look forward to enrolling patients in the Phase 2 pivotal study."
"We're excited by these long-term results, particularly given the challenging patient demographics, and believe these promising results reflect the potential for our lead program, CART-ddBCMA, to be a best-in-class treatment for patients with multiple myeloma," said Rami Elghandour, Arcellx's Chairman and Chief Executive Officer. "We believe there's a significant unmet need for cell therapies and we're committed to providing physicians with a safe and effective treatment option for multiple myeloma patients. We're honored to have our data presented at ASCO by Dr. Frigault and look forward to beginning enrollment in our Phase 2 pivotal study by the end of this year as the next step in the path towards regulatory approval."
The presentation can be accessed on the company's corporate website here.
Title: Phase 1 Study of CART-ddBCMA in Relapsed or Refractory Multiple Myeloma
Speaker: Matthew J. Frigault, M.D., Assistant Director of the Cellular Therapy Service at Mass General Cancer Center, and Instructor at Harvard Medical School
Session Type/Title: Oral Abstract Session/Hematologic Malignancies—Plasma Cell Dyscrasia
Session Date: Sunday, June 5, 2022
Session Time: 8:00 a.m. – 11:00 a.m. CDT
Location: McCormick Place Convention Center, Chicago, Illinois
Abstract Number: 8003
Arcellx will host a live webcast event with an expert panel of clinicians to discuss the clinical results on Sunday, June 5, 2022, at 7:00 p.m. CDT. The event will be accessible from Arcellx's website at www.arcellx.com in the Investors section. A replay of the webcast will be archived and available for 30 days following the event.
Multiple Myeloma (MM) is a type of hematological cancer in which diseased plasma cells proliferate and accumulate in the bone marrow, crowding out healthy blood cells and causing bone lesions, loss of bone density, and bone fractures. These abnormal plasma cells also produce excessive quantities of an abnormal immunoglobulin fragment, called a myeloma protein (M protein), causing kidney damage and impairing the patient's immune function. Multiple myeloma is the third most common hematological malignancy in the United States and Europe, representing approximately 10% of all hematological cancer cases and 20% of deaths due to hematological malignancies. The median age of patients at diagnosis is 69 years with one-third of patients diagnosed at an age of at least 75 years. Because MM tends to afflict patients at an advanced stage of life, patients often have multiple co-morbidities and toxicities that can quickly escalate and become life-endangering.
CART-ddBCMA is Arcellx's BCMA-specific CAR-modified T-cell therapy utilizing the company's novel BCMA-targeting binding domain for the treatment of patients with relapsed or refractory multiple myeloma. CART-ddBCMA is currently in a Phase 1 study. Arcellx's proprietary binding domains are novel synthetic proteins designed to bind specific therapeutic targets. CART-ddBCMA has been granted Fast Track, Orphan Drug, and Regenerative Medicine Advanced Therapy Designations by the U.S. Food and Drug Administration.
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.
Visit www.arcellx.com for more information.
Forward-looking Statements
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 those set forth in Part I, Item 1A (Risk Factors) of Arcellx's Annual Report on Form 10-K and in other reports, such as Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, that Arcellx may file from time to time 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.
Investor Contact:
Myesha Lacy
Arcellx, Inc.
ir@arcellx.com
510-418-2412
Media Contact
Laura Morgan
Sam Brown Inc.
lauramorgan@sambrown.com
951-333-9110
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https://www.wibw.com/prnewswire/2022/06/03/arcellx-presents-continued-robust-long-term-responses-its-cart-ddbcma-phase-1-expansion-trial-patients-with-relapsed-or-refractory-multiple-myeloma-2022-asco-annual-meeting/
| 2022-06-03T21:31:05Z
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Workplace accolades continue to mount for leading energy SaaS and data analytics company
AUSTIN, Texas, June 21, 2022 /PRNewswire/ -- Enverus, the leading energy SaaS and data analytics company, is proud to announce that it has been certified™ as a Great Place to Work® for 2022-23. Headquartered in Austin, Texas, and with offices around the globe, Enverus has been certified in Canada, India, Spain, the U.K. and U.S.
This prestigious certification is based on a survey on what current employees say about their experience working at Enverus, and a culture brief highlighting the company's culture and competitive benefits. Eighty-four percent of those surveyed said Enverus is a great place to work.
Great Place to Work® is the global authority on workplace culture, employee experience and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
"Great Place to Work Certification™ isn't something that comes easily — it takes ongoing dedication to the employee experience," said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work. "It's the only official recognition determined by employees' real-time reports of their company culture. Earning this designation means that Enverus is one of the best companies to work for in the country."
"Retaining top talent, especially in today's hyper competitive market and amid 'the great resignation' era, is a universal challenge for companies big and small," said Jeff Hughes, CEO of Enverus. "To have 84% of our employees respond so favorably is unbelievably gratifying and speaks to the culture our team has worked so hard to create. We pride ourselves on creating an environment where the whole person can thrive, both personally and professionally. It's a privilege to be leading these incredible, talented individuals who remain unwavering in their commitment creating the future of energy."
According to Great Place to Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company's profits and have a fair chance at promotion.
Want to join our growing team? Explore career opportunities at Enverus today!
Enverus is the leading energy SaaS company delivering highly-technical insights and predictive/prescriptive analytics that empower customers to make decisions that increase profit. Enverus' innovative technologies drive production and investment strategies, enable best practices for energy and commodity trading and risk management, and reduce costs through automated processes across critical business functions. Enverus is a strategic partner to more than 6,000 customers in 50 countries. Learn more at Enverus.com.
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https://www.kxii.com/prnewswire/2022/06/21/enverus-earns-2022-great-place-work-certification/
| 2022-06-21T16:56:45Z
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PITTSBURGH, June 29, 2022 /PRNewswire/ -- "I wanted to create a safe and simple way to hold a bar of soap while taking a shower," said an inventor, from Barrie, Ontario, Canada, "so I invented the SOAP ASSIST. My design would provide peace of mind knowing that the bar would not slip from the user's grip."
The patent-pending invention provides an effective way to grip and hold a bar of soap. In doing so, it prevents the user from dropping the soap onto the shower floor. As a result, it enhances safety and convenience. The invention features a simple and novel design that is easy to use so it is ideal for households, nursing homes, hospitals, etc. Additionally, it is producible in design variations and a prototype model is available upon request.
The original design was submitted to the Toronto sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TRO-617, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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https://www.wibw.com/prnewswire/2022/06/29/inventhelp-inventor-develops-improved-way-grip-bar-soap-tro-617/
| 2022-06-29T16:40:02Z
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(KSWB) – America’s largest theater chain is bringing back a previously popular deal just in time for the heat of the summer blockbuster season.
Starting this week, fans can see a movie at any AMC Theatres location in the U.S. for $5 plus tax on Tuesdays.
The Discount Tuesdays promotion will last through the end of October. It allows members of its AMC Stubs program — which is free to join — to see any available showtimes at the discounted rate, even for tickets purchased in advance from third-party sites such as Fandango.
The deal also applies to some theater concessions, with AMC making its select “Cameo-size” popcorn and soft drink (or a 21-ounce ICEE beverage) available for $5.
“Discount Tuesday at AMC was a favorite among moviegoers prior to the pandemic,” Eliot Hamlisch, AMC’s executive vice president and chief marketing officer, said in a news release. “As millions of moviegoers are returning to AMC each week this summer, we want to ensure that there are a variety of opportunities to find great value while seeing movies only available on the big screen at AMC theatres around the country.”
Additional fees apply for premium experiences like IMAX and Dolby Cinema at AMC, but the company said it has set the base fee at $5 for those options, applicable on Discount Tuesdays. The discount also can’t be used in select instances such as private screenings, movie marathons or other fan events, an FAQ sheet shows.
The discount applies regardless of your tier under the AMC Stubs program, including its A-List program that costs $15 a year to join, and Stubs Insider, which allows moviegoers to utilize the Tuesday promotion, get free refills with a large popcorn purchases, and earn points for a $5 reward.
To get the Tuesday deal, moviegoers must present a virtual or physical card, account number or email address when buying the tickets. If buying tickets online or in a mobile app, users must be signed in to their accounts prior to checkout.
Customers can find nearby AMC Theater locations via the chain’s website. The company also offers $5 movies daily with a selection of Fan Faves.
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https://cw33.com/entertainment-news/amc-theatres-offering-5-movie-deal-through-october/
| 2022-07-08T16:34:03Z
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NEW YORK, Aug. 23, 2022 /PRNewswire/ -- Weiss Law, a national shareholders' rights law firm, is investigating possible breaches of fiduciary duty and violations of the federal securities laws by the Board of Directors and certain Company officers of 3M Company (NYSE: MMM) ("3M" or the "Company") relating to 3M's Combat Arms earplugs, a product that is the subject of multidistrict litigation in which thousands of military service members and veterans allege the earplugs were defective, leading to hearing damage from loud sounds on the battlefield or during training exercises, and which resulted in 3M paying $9.1 million to the U.S. Department of Justice to resolve whistleblower litigation alleging that the Combat Ear earplugs were defective and never met product standards required by the government.
If you own 3M shares and wish to discuss this investigation, or share information which you have, or if you have any questions concerning this notice or your rights or interests, visit our website at
https://www.weisslaw.co/news-and-cases/mmm
Or contact:
Josh Rubin, Esq.
stocks@weisslaw.co
(212) 682-3025
THERE IS NO COST OR OBLIGATION TO YOU
3M manufactured and supplied the United States military with Combat Arms earplugs ostensibly to protect service members' ears from loud sounds associated with military training and combat until 2015, when production ceased without recall.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients. For more information about the firm, please go to: http://www.weisslaw.co
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https://www.wibw.com/prnewswire/2022/08/23/shareholder-alert-weiss-law-investigates-3m-company/
| 2022-08-23T22:50:11Z
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After hearing more than 100 hours of testimony over six weeks, jurors have finished hearing evidence in the Johnny Depp and Amber Heard defamation trial, with both sides resting.
As a final witness, Heard returned to the stand for a second time Thursday, where she was grilled about witnesses who testified as part of Depp's case and contradicted her version of events.
Heard testified that she was not surprised by the number of people who agreed to testify on his behalf.
"I know how many people will come out and say whatever for him. That's his power," Heard testified. "That's why I wrote the op-ed. I was speaking to that phenomenon. How many people will come out in support of him and will fall to his power. He is a very powerful man and people love currying favor with powerful men."
Depp is suing Heard for $50 million, claiming a 2018 Washington Post op-ed she penned where she called herself "a public figure representing domestic abuse" defamed the actor and caused him to lose work. Heard has countersued for $100 million for defamation.
"I am harassed, humiliated, threatened every single day. Even just walking into this courtroom, sitting here in front of the world, having the worst parts of my life things I've lived through used to humiliate me," Heard testified. "People want to kill me and they tell me so every day. People want to put my baby in the microwave and they tell me that."
Jurors were left with Heard's final words, about the impact the accusations that her claims of abuse were a hoax have left on her life.
"Johnny promised me he would ruin me. That he'd ruin my career, he'd take my life from me. Death was the only way out," Heard said. "And if I got out, this is what he would do to me. He would make me think of him every single day. He promised me global humiliation, you saw those texts."
Attorneys for Depp rested their rebuttal case Thursday morning, ending with a hand surgeon expert witness.
Heard's legal team rested just after noon.
Closing arguments in the case are expected Friday and the jury is expected to begin deliberating Friday afternoon.
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https://www.albanyherald.com/entertainment/testimonies-conclude-in-defamation-case-between-johnny-depp-and-amber-heard/article_afffa23e-a49c-5a3f-96b9-5965b990aa96.html
| 2022-05-26T17:47:43Z
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